Full text of Commercial and Financial Chronicle : June 5, 1950 : General Corporation and Investment News, Vol. 171, No. 4913

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

JW
MONDAY

51950

ISSUE

jWIB. fW.
UBRAPY

Reg. U. 8. Pat. Office

Volume 171

New

Number 4913

General
RAILROAD
Addressograph-Multigraph Corp.

(&

INDUSTRIAL

-

INSURANCE

-

(some of which

Subs.)—Earnings

a

Net

sales

1950—9 Mos.—1949

main

(shipments)..

In This Issue

1950—12 Mos.—1949

laboratory,

profit

Unrealized

from

loss

Net

—V.

8,486,683

1,962,411

3,233,589
$5,253,094

$4,521,134

38,454

Cr6,158

69,126

Cr29,681

$3,138,128

$5,183,968

Stock Exchange

$4.93

$4.16

$6.87

Stock

York

New

New York Curb

$4,550,815
$6.03

share

per

Stock

Boston

1041.

Cincinnati

line,

inch

price

*

television

rectangular

comparable

tube.—V.

May 29

on

combination

a

16

a

corporation

171,

receiver

tube.

that

to

announced

of

The

radio-phonograph
is

priced

model

at

with

$379.95,
12&

a

Akron, Canton & Youngstown RR.—Earnings—
1950

AprilGross

from

Net

ry.

1948

1947

$381,982
118,776

$412,262

$417,134
141,250

148,231

64,258

59,223

68,934

75,839

1,517,566

1,693,788

1,933,746

1,757,122

455.327

467,189

750,980

628,275

243,299

220,779

371,821

from

Net

ry.

—V.

railway..
income—

oper.

Net

ry.

Gross

from

Net

ry.

—V.

1947

$1,318,649

359,598

314,704

361v811

271,560

162,853

175,731

129,452

Dividends Declared and Payable

The Course of Bank Clearings

5,361,671

5,404,501

5,868,455

5,242.181

1,308,602

1,186,914

1,413,454

1,021,871

603,429

588,566

730,077

(N.

483,772

M.)

Associated

SEC

16

filed

a

letter

covering 82,866 shares of common

stockholders

only

indebtedness

and

No

May

on

$2

at

build

be

to

with

offered

a

Year Ended Dec.

31—

shares

1948

$115,247

outstanding

1947

,

$36,227

79,876

84,778

88,003

$1.76

$1.36

$0.41

159, p. 2409.

Aluminium, Ltd.
Sales

before

income

Provision

for

31—

Provision

for

Net

foreign

profit

1950

dividends

Common

shares

Earnings per

170,

income

taxes,—

2,756,490

785,676

$4,949,032

2,233,230

1,861,025

3,772,050

3,772,050

$1.63

$1.33

paid
share—

2193.

p.

X*.

H.

Agricultural
been

Powell has

who

Carter,

board.—V.

171, p.

has

Chemical

Co.—New President

appointed President and

of chemical

retired

but

will

a^'a

continue

*

1.

Kenneth

service

been
it

both

cables

Telephone

Stone,

Rear

of

the

Corp.,
in

elected

ucts

a

Vice-President

President

to

succeed

I.

of

Admiral

T.

of

subscription

record

&

T.

Standard

since

Electric

Corp.

May, 1947.—V.

171,

He
p.

has

been

2093.

1950.
one

of

May

$100

They

share

warrants

recently

issued

to

common

PURPOSE—The
company

other

and

the

will

B

privilege of subscribing at $102 per
stock for each seven shares held.

net proceeds

be

available

corporate purposes,




Co

share

for

will be
as

operations
important of

Davis

most

carried

arc

which

are

Industrial Chemicals Division and
The company owns

Simmons.

&

&

.12

Co.,

——

&

Sons

Sherrerd

&

.70
.95
.12

Dodge & Co
Clark & Co

W.

.70

3.00

Sullivan

Brown

1.15

_

1.15
.24

&

Corp.

The company also

and 49%

Geek,

.24

Collins

&

Co

Co

Courts &

the

to

existing

July 22, 1907, in
engaged and intend

Inc.,

various divisions,
Chemical Division,

Calco

the
the

Dixon

.12

Steele

Fauset,
The

First

Glore,

duPont

directly,

Petroleum

of Southern

stock

or

added to the cash funds of the
increased working capital and lor

including capital expenditures for

new

of the stock of all such companies is owned directly
Pittsburgh Plate Glass Co.
'

&

Co,

from

of

which

plant

of the outstanding stock of Jefferson Chemi¬
1948 has been engaged in the manufacture
(principally ethylene oxide and ethylene glycol)

since

chemicals

petroleum.

the

of

Inc.,

sale

The

outstanding

of

The company owns 507c

Co.,

which

is

is

company

stock

engaged

this

informed

cpmpany

that

The

of

company Is

The

the

manufacture

talloil

into

informed

that

its

of

remaining

the

pinenes

components,

the

50 %

sulphate

from

5C%

of

the

stock

of

fatty

acids

in the petroleum

of the

Clay Co,

Porocel

Corp,

which is en¬

Atlantic

The

industry. The company is informed that the remaining

that

the

latter

company

is

in

turn

owned

in

part by

Refining Co. and in part by Standard Oil Co. of New Jersey
company

and

Co

Rauscher,
Inc.

Reinhnldt

Co.

&

Co—

&

Co

.47

Shumon.
Sills.

Hutton

E.

-

.12

Co

1.65

-

Space

Freres

Higginson

—V. 171,

p.

&

.12

Co.^

Co.,.

&

Webster

Corp.

.24

Securities

3.00

—;

&

Co.,

Inc

.70

Tucker.

Anthony & Co

Underwood.

—

.24

1.15

Neuhaus

.70

.81
Co.

&

Common,

G.

&
.47

Walker

H.

Watling,
Wertheim

Whiting,

&

1.65

Co

Lerchen

&

&

Co

Cummins,

Weeks

Witter

1.65
&

Inc.

Stubbs

Co

&

Woodard-Elwood

1.65

Yarnall

&

.70

Co

&

Wheelock

Dean

&

Co

Co

its

subsidiaries

operate

a

total

of

37

plants

1871

Louis 2, Missouri

Members

Midwest Stock Exchange

Phone
CEntral 7600

Chicago Board of Trade
Sew York Curb Exchange (Associate)

Bell Teletype
SL 593

New York Stock Exchange

.24
.24

St. Louis Listed and Unlisted Securities

Established

.12
.47

.70

2093.

300 North 4th St., St.

.12

3.00

Dann

Co.

3.00

Co.

Corp

Co

&

Union Securities Corp

Viefor,
.70

.24
.47

Trask

.24

Langley & Co

Lazard
Lee

&

.24

3.00

Co.

Staats Co

R.

&

Stroud

and

Laird, Bissell & Meeds
C.

Harris,

Spencer

Illinois Company

Johnson, Lane,
Co., Inc.

1.65

<■.

Co

&

Moore

Smithers

S.

Stone

.12

Weeks

.24

.47

Scribner

&

Barney &

William

1.15

.70

1.15

.12
Deane

Smith,

& Co.

&

.24
1.15

Co

Agnew &

Fairman

-

Inc

Sinner,

F.

.47

Moreland,

Scran ton

W.

.24

W.

—

&

.47

.24

&

Co.,,

Mosle

Shearson, Hammill
Shields & Co

.12

Miller & Co.—
Hemphill, Noyes, Graham;

Friedrichs

.4"

Save.

Huyden,

.

.24
.24

Gardner

Co.—

Inc.

Harris, Hall & Co. (Inc.)—

&

Co.,
-

&

&

&

Rotan,

Smith.

Laboulsse,

&

Chns.

Ripley & Co.,

Hornblower

.24

Pierce

—

3.00

Parsons

.81
.70

Co

Edward D.Jones & Co.

Co.

outstanding stock of Porocel Corp. is owned by Attapulgus

and

&

&

.47
.24

Pressprich & Co

and

gaged In the manufacture and sale of activated bauxite used principally

50%

W.

of the stock

remaining 50%

owned by International Paper

company owns

Inc.

of the outstanding stock of Arizona Chemical

in

crude

Co.,

owned by The Texas Co.

is

turpetine, the manufacture of crude talloil from paper mill residue and
separation

1.65

Rutty & Co.. Inc
Salomon Bros. & Hutzler

.24
.70

Hallowell, Sulzberger &
Hamershlag, Borg & Co
Harriman

&

Jackson

3.00

Co.

&

.24
.70
.24

Co

3.00

Co

Sachs

.24

3.70

Corp

Green, Ellis & Anderson
Hallgarten & Co

W.

The company owns 50%
and

Webber,

.24

.24

.24

1.65

Curtis

1.15

Co

&

Boston

Forgan

Goldman,

Co.__

Corp.,,

&

Securities

3.70

cal

Paine,

Rfter

Co.

I.

.24

.24

Piper, Jaffray & Hopwood,,
Prescott, Hawley, Shepard &

1.65

&

3.00

Company,

Northwest

Drexel
Francis

Kuhn, Loeb & Co

by

Ohio

Revnolds

Equitable

.24

Xv-'vW

Beane

Pacific

3.70

3.00
.12

indirectly

The

Putnam

.12

Co

&

&

Maynard H. Murch & Co
Newhard, Cook & Co

Quail

Co

&

Co

&

Turben & Co
Mitchum, Tully & Co,
Moore, Leonard & Lynch
F.
S. Moseley & Co.

R.

.24

.70

Co

Merrill,

.24

Kebbon, McCormick & Co
Kidder, Peabody & Co
Kirkpatrick-Pettis Co.—

owns

&
.70

&

Lynch, Pierce,

Fenner

1.15

The

of the outstanding stock of Southern

of the outstanding

Rhoades

Marks

Masten

.24

i'

Dain & Co

M.

.12

E.

M.

McDonald

.12

Cruttenden & Co.

through

on

Loeb,

—

Merrill

,95

Julien

the Lederle Laboratories Division.

directly 49%

Alkali

M.

%
3.00

Brothers

Co.

.70

Inc.

elsewhere:

company

rosins.

16

series

Ellis

Inc.—

Co.

&

Howard,

of this company is

stockholders

par

had

of

&

Blair

Henry Herrman & Co

the

giving them the right to subscribe for 498,849
value 3>/2%
cumulative preferred stock, series B
(convertible prior to July 1, I960) expired at 3 p.m. (EDT)on June 2,

shares

Rollins

Richard W. Clarke Corp
Coffin & Burr, Inc.,
C. C. Collings and Co., Inc.

less important extent, in the design and construction

and

unsubscribed

.24

engaged in the
manufacture and sale of surgical sutures; Chemical Construction Corp.,
engaged in the rendering of certain engineering and construction serv¬

late

the

American Cyanamid Co.—Rights Expired June 2—
The

49
3

has various subsidiaries, all the stock of which is owned

Canada

in

stock,

holders of its

such

.24

Butcher

plants for others.

The company

or

announced
on
June
1
by
Wolcott
corporation, which furnishes world-wide
radiotelegraph,
is
affiliated
with
the
Telegraph Corp.

International

the

a

preferred

to the
of

A.

E

primarily in the manufacture, purchase and sale

engage

the

.12

the remaining 51%

T

domestic manufacturing affiliates of I. T. & T.
He has served
capacities with I. T. & T. since 1931, most recently as
of

now

are

on

of

underwriters

'

Carl

.24

indirectly through Southern
Co., 49% of the stock of Southern Minerals Corp., and 49% of
the stock of Southern Pipe Line Corp.
The company is informed that

executive

President

Baird & Co.,y Inc.

Bosworth.

by

on

case

follows:

as

are

Lehman

.47

Burge & Kraus,,,—
G. Becker & Co. Inc.—

Blunt

Alkali

and
&

to

incorporated

was

con¬

on

each

Mason-Hagan, Inc.

Clark,

improvements

contemplated

npw

issue

in

cumulative

Dominick & Dominick,,,

and its subsidiaries

company

Corp.

member

during the war, is a former President
of the Federal Telephone & Radio Corp. and the Capehart-Farnsworth
a

company

principal

of

5.28

BIyth & Co., Inc

tffrectly or indirectly by the company. Among them are North American
In Canada and selling numerous prod¬

was

The

Chairman.

by

International
Mr.

has

Stockton,

E.

Pitkin,

H.

Stone

W,

projects

B,

Laurence

William

its facilities for the development

of

series

rates.

the

shares

series A,
thereof and

.24

Blair,

Cyanamid Ltd.. operating plants

director, succeeding

a

American Cable & Radio Corp.—New President—
Ellery

the

of

for

reserved

reserved

were

stock,

conversions

.24

A.

widely diversified line of chemical, pharmaceutical and other allied

a

three

American

The

products and, to

The

C. M.

of

be

stock,

conversion

names

preferred

Bail,

63

and

in

Baker, Weeks & Harden,—

ices; and Berblce Co. Ltd., engaged in mining bauxite in British Guiana.

outstanding

171,

several

the

to continue

of

1,504,567

$6,072,880

,

V.

9,210,089

4,223,747

income taxes

common

977;

p.

1949

11,082,303

———

Common

portion

will

preferred

stock

common

upon

V:■■;■■■■■-:r''

--49

System,,

additions

subsidiary

'

the company are
and production
of pharmaceutical products (including extensions to its plants for the
production' of aureomycin and animal protein factor), and the con¬
struction of additional capacity for manufacturing oil cracking cata¬
lysts, acrylonitrile and other chemicals.
Among

further expansion

Blaine.

$46,413,710 $46,291,850

taxes,—

Canadian

stock

common

respective

Inc.

—

extensions,

BUSINESS—The

Subs.)—Earnings—

———_

Profit

—V.

(&

March

3 Months Ended

the

of

preferred stock to be purchased by each

plants and research laboratories.

$140,814

taxes.

Earnings per share
—V.

the
of

Dillon, Read & Co. Inc.,:
for

equivalent) payable in
installments on Dec. 1,

cumulative

issued

Dewar. Robertson &

and

S.

K being offered by the
company initially
outstanding common stock and the percentage

■

1949

profit after charges and

Capital

of

cumulative

J.

facilities

Canadian

annual

equal

shares

the

Pancoast

;

Net

of

certificates

shares

basis

Alex.

Through April 30

present

a

series

involved.

underwriting

]■'
'
Alles & Fisher, Inc.—Earnings—

'

two

208,325

conversion

scrip

unsubscribed

U„ S. Savings Bonds Issued and Redeemed
.

to

1950,

16,

on

against

"UNDERWRITERS—The

Federal Reserve March Business Index__,,_„63

the

13,491.918 shs.

5,000,000 shs.

1951.

May

of

the

share, i the proceeds to be used to pay
surplus fund for oil and gas operations.

per

up

stock

notification

of

in

version

49
49

Capital Flotations for Month of April

Securities and Exchange Commission—
company

i

Rates

Reserve Banks

Co.—Files With

Oil

funds

692,846

Condition Statement of Member Banks of

Albuquerque

(par value $10i

represents an obligation of
of
$1,600,000
($1,454,545 U.

Canadian

issue

and

Combined Condition Statement of Federal

1881.

p.

Exchange

Foreign

Federal Reserve

The

for

Redemption Calls and Sinking Fund Notices_49

164,588

railway

stock

item,

and

tOn

--------59
—48

State and City Bond Offerings

1948

railway
oper. income..

171.

1950

76,123 Shs.
498,849 shs.

Baker, Watts & Co

$1,476,032

from

to

1960

amount

official

News..Cover

General Corporation & Investment

From Jan. 1—

Net

prior

1,

Robert W.

1949

railway
income.

to

White, Weld & Co
Bacon, Whipple & Co.

$1,385,239

oper.

prior

•This

37
Averages,37

1950

from

Net

3'/2%

650,000 shs.

(par $100»__

convertible

Common

the

obligation 4%

preferred stock

1, 1957,,
B, 3J/2%, convertible

July

(Dow, Jones)

National Quotation Industrial Stock

$1,355,266

._

788,733

obligation 3lA %

money

A,

Ju'y

Miscellaneous Features

railway...

1,454,545

788,733

Series

,38
38

Exchange

Stock

Transactions New York

Alabama Great Southern RR.—Earnings—
from

1,454,545

Series

--41

Transactions New York Curb Exchange

1881.

April—

6,715,000
25,000,000

Purchase money

——

Stock and Bond Averages

railway

171, p.

Gross

Exchange,

$23,214,235

6,715,000

Cumulative

315,469

from

Net

Exchange

Stock Exchange,,

$426,762

122,588

icome—

oper.

From Jan. 1—

Gross

Angeles

Over-the-Counter Markets

railway—1_
railway

from

Net

1949

Exchange

Outstanding

*

25,000,000

—---.

a

inch

1985.

p.

29
—33
38
—38
—38
39

40
Philadelphia-Baltimore Stock Exchange,
41
Pittsburgh Stock Exchange
41
San Francisco Stock Exchange,
41
Montreal Stock Exchange
42
Montreal Curb Exchange
—43
Toronto Stock Exchange
44
Toronto Stock Exchange—Curb Section
46

featuring

older

17

(Bonds)

Exchange

Midwest Stock

television

unit in

new

set

new

similar

a

its

a

and

Los

(Stocks)

Exchange

Stock Exchange—

Detroit Stock

Admiral Corp.—Announces New Unit—
This

Authorized

$23,214,285

sinking fund debentures, due 1956

•Purchase

New York

—_

2% %

FINANCING

NEW

2% % sinking fund debentures, due 19C5

Page

for¬

on

$3,719,372

171, p.

Stock and Bond Quotations

2.925,414

$3,131,970

TO

.

7,446,548

2,410,000

profit

Earnings

5,094,381

$3,757,826

oper.

eign exchange

EFFECT

Bank loan term notes

6,167,826

Ped. inc. taxes (est.)
Net

\."yf

•

v

GIVING

-

$33,325,842 $30,551,605 $43,950,964 $41,099,270

taxes..

Copy

a

operated in connection with mining properties) and

are

research

CAPITALIZATION

Profit before Federal in¬
come

Cents

MISCELLANEOUS

-

(Including Canadian Subsidiary)
Period End. April 30—

75

Corporation and Investment News

PUBLIC UTILITY

-

Price

York, N. Y., Monday, June 5, 1950

2

nicle

(2294)

American

Gas

Doubled by

Co.—Estimates

Electric

&

the

American Gas & Electric System—the
country's
fourth
largest
electric
power
system,
embracing 90.000,;
square miles in seven states: Indiana, Michigan, Ohio, We3t Virginia,
Virginia, Kentucky, and Tennessee, Philip Sporn, President, before
the annual meeting of the stockholders, on May 16 said that in the
In

analyzing

last

10

hour
i

it

System had almost doubled the number
increased customers by about 70%, and

the

years

munities

serves,

sales

by

Natural
than

is

Tanners

Creek

come

the

on

For

the

compared
stock

to

$150,887,997,
Mr.

900,000
1949.

the

to

March

it,

encompasses

as

The

years 1951-52 is primarily due to advancing
Tanners Creek No. 2 unit, and this figure plus

of

appended

in

five-year
"But

1947-8-9

bring

about

the

The

figure

its

whether

doubt

the

1947-1951—now

years

another

service

V.

171,

five

pretty
well
and the
very
close

2093.

p.

This

$2

common

(par $5)

of the

public,

for

one

on

Aug.

May

diate

on

1,

of

the

in

continue

demand

present

for

for

rate."

stock

unless

remaining

United

of

extended.

67,199

Brick.

This

shares

of

M.

shares of

Byllesby

the

&

exchange

Byllesby

&

common

share

exchange

participating

offer.
its

of

offer.

will

Co.

for

Co.

H.

as

Byllesby & Co.
amount equal to

an

capital

Co.

,in

H.

pay

to

$1

In

of

United

who

desire

to

for

M.

stock

each

the

dividends
'The

the

directors

of

of

30

cents

payable Aug. 1,

directors
of

adjustment

no

American-Marietta,

dividend

company

dividend

exchange

will

be

made

of

United,

share

per

May

9,

declared

for

1950.

semi-annual

a

15,

in

such

15,

of

the

American-Marietta

be

to

received

by

UNITED

BRICK

&

TILE

CO.—United

acquire

number of brick

a

and

tile

Clay
of

and

lumber

of

Products

United

the

Co.,

and

yards.
sales

No
of

gross

customer

one

United

accounts

which

distributes

note, due May 1, 1962
preferred shares ($100 par)

NEW

which

American

in

common

substantial

The

in

Washington

the

for

that

steps

ry.

the

to

for

with

the

interest

1,

amendment

an

1950,

on

Brick

&

Tile

which

stock

are

May

29

announced
of

proposal

previously

of

of

stock,

common

exchange for each present
value.—V. 171, p. 2093.

and

of

reported,

the

in

G.

corporation's

stock

the

to

the

of

share

$6.25

of

par

common

annual

000,000
He
as

Woolfolk,

1382.

cubic

said

sale

will

71,829

63,505

36,650

2,537,533

2,533,540

432,782

2,771,950
491,635

396.470

172,993

184,417

sale

of

of the

of

;

this

of

to

this

issue

to

from

the

as

issuance

schedule

taxes

applied

and

sell

proposed

calls

for

company

vote

in

area

common

^

Southern

New

'

over

serves

Jersey,

1832.V

171, p.

filed

24

of

sold

letter

$100

No

of

stock

a

common

at

and

notification

share.

per

underwriting

375

The

with

shares

tha

of

proceeds

pre¬

for

are

involved.

and common
the

on

stockholders

agreement

at

record

of

special

a

June

meeting

30

will

held

be

to

—

the

on

for

basis

need

for

of

future

for

of

new

charter

the

split

a

$20

of

par

and

of

include

preferred

financing.

financing
92%

the

in

rights

in

about

owns

171, p.

provides
shares

two

changes

conversion

flexibility

mediate

of

present

no

for

common

par

each

shares outstanding.

proposed

the

also

agreement

merger

the 264,580

greater

has

Darco

no

increased

stock

The

and

plans

present

preferred

sees

for

80%

and

protection

provision

management
of

for
im¬

no

this.

Tha

common.—

1882.

1

1949

Operating

$4.10

$5.29

Arkansas
in

P.

S.

Commission

securities.

Int.

an

estimated

Part

$21,000,000.—V.

171,

$8,498,273

7,257,206

7,550,430

188,344

671,109

741,298

*$78,448

$86,249

*$421,891

$206,497

income

income

2,499

2,948

12,765

15,259

•$75,949

income

$89,197

*$409,126

$221,756

charges
series

on

7,846
A

10,775

33,248

44,966

143,474

48,658

1180,724

195,113

•$127,269

$29,764

*$623,099

*$18,323

debs.

the

of

_

for

Basic Refactories,

pro¬

2194.

p.

income

Net

•Loss.
tExclusive of interest accruals payable to the
sinking fund
trustee of $34,967 for the month of
April, 1950 and $133,038 for four
months of this year.—V.
171, p. 649.

The utility's construc¬

orogram.

1950—4 Mos.—1949

$2,163,302
1,888,709

$7,506,424

1,805,534

deprec.

1,634,748

Co.—Froposed Financing—
the

to

$28,750,000

and

Taxes

Fixed

$8,654,804

—

1950—Month—1949

$1,892,619
165,533

Oper. exps.

Gross

$6,709,754
1,634,748

'

Co.—Earnings—

(Including Baltimore Coach Co.)
Period End. Apr. 30—
Total oper. revenues

offering

Inc.—Earnings-

Quarter Ended Marrh 31—
Net profit after charges and

1950

1949

1943

$176,646

$224,425

$114,261

350,000

350.000

350,000

$0.50

taxes—

$0.64

$0.33

Capital shares outstanding—
Earnings per share
170,

298.

p.

Ry.—Bond Extension Authorized—

May

on

Commission

to

$4,465,000

of

Corp.,

Brooklyn,

N.

to

issue

to

proceeds
(no

will

loan

and

be

from

pari

repay

May publicly offered 30.000 shares

preferred
used

Louis

made

slock

by

to

Mr.

($10

par

repurchase

Solomon,

of

of

77o

share).
shares of

cumu¬

per

185

stockholder,

a

Solomon

general corporate

CAPITALIZATION

at

common

cost
for

EFFECT

sell

principally

for

the

the

cumul.

Common

partic.

stock

pfd. stock

(without par

The company

($10

TO

PRESENT'

FINANCING

Outstanding

Its plant

370 shs.

would

American's

to

be

an

31

said

stock

between

of

$18,000,000

subsidiary

Dana

135

S.

second-class

and

La

Financial

Operating

Utility

matter

Union.

per

the




William

Chicago

February

$35 00

■OCT: On account of

St.,

25,

year:

3,

1942,
In

located

is

at

York

on

248-274

engaged

variety

in

July

the

Other

predicted

Commission

from

expenses

income

Income

56,000,-

heavy

gauge

manu¬

steel,

1950

v

nickel

and

taxes

income—

1949

$19,107,954 $16,076,621
17,468,044
14,645,673

•

$1,639,910

$1,430,948

481,405

;

(net)

income

281,398

the

or

(Reg.
D.

HI
at

$2,121,315

Net

Net

ry.

v

common

U.

S.

Rlggs,

Balance

the

Earnings

stock

Patent

the

Dominion

post
of

Office)

Business

(Telephone

State

office

Canada

at

0613);
New

fluctuations in the rates ot exchange,

1,600,035

1,016,151

839,425

1950

1949

1948

1947

$2,440,290

$1,768,163

183,029

830.027

595,652

$1,503,661
509,273

income—

oper.

261,987

Net

ry.

railway
railway

from

Net

555,978

424,377

443,747

3,907,821

5,982,363

4,937,325

4,512,730

*350,229

888,199

523.672

761,431

234,616

873,117

959,902

1,191,523

-

.

income.—

oper.

171,

v;

~

from

1882.

p.

Botany Mills, Inc.—Files With SEC—
A

letter

1,000

of

notification

shares

of

common

was

filed

stock

(approximately $8 per share)
holder.—V. 171, p. 1258.

Profit before income
Provision

Net

for

stock

dividend

per

common

common

stock

share

and

90,000

$1,577,595

$1,242,181

$1.97

$1.55

•After

shares)

/

B.

N.

vear

remittance

Y..

on

be

May 22 covering

offered
of

per

market

stock¬

Subs.)—Earnings—1950

1949

1948

$41,725,723 $40,499,229 $44,723,973
2,580,055
2,177,249
2,225,208
1.035,000
870,000
890,000

taxes—
taxes

$1,307,249

500,500

496,100

$2.95

$2.49

outstanding—__

common

at

selling

a

share

\;

$1,335,203
494,700
.

$2.56

i

preferred dividend requirements.—V. 171, p. 101.

Real

comprehensive

An

Opportunity

Profit

and

for

Opportunity,"

highly

instructive

Profitable

have

(Continued

booklets

Investment,"

been

completed

on

and

by

entitled

"Bowl¬

"Billiards,

Tha

this company

and

page 8)

Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;
twice a week lev ery Thursday (general news and advertising Issue)
with a
statistical
issue
on
Monday].
Other
Gardens, London, E. C., England, c/o Edwards & Smith.
Copyright 1950 by William B. Dana
Company.
Reentered
under the Act of M arch 3. 1879.
Subscriptions in United States, U. 8. Possessions, Territories and Members of Paiy

Other

for

SEC

to

account

$1,545,055

shares

Dana

Drapers'

the

$1),

the

Brunswick-Balke-Collender Co.—Issues Booklets—
Two

ing,

surplus

(802,553

with

(par
for

profit

Common

Published

1

York,
per

for

$1,332,181

90,000

requirements

income

171, p. 461.

William

Manager.

$38.00

1,905.574

739,329

$1,368,001

railway—railway—

From Jan. 1—

380.165

$1,667,595

income

$1,712,346

453,720

funds

$20,000,000 from

1,546,457

-747,569

6 Months Ended April 30—
Net sales
•

deductions

Preferred
construction

3,359,107

McKibbin

the

of

approves

capacity

3,970,255

1,683,620

from

from

3,

items, differing in
manufactured by the corpora¬

revenues

operating

Gross

and

Chronicle

President;

Salle

wide

a

12 Months Ended March 31—

—V.

Seibert.

are

corporation

$100,-

he

new

companies

include

3,284,141

Brown Shoe Co., Inc. (&

annually.
the

products

280,997

3,290,468

Bessemer & Lake Erie RR.
—Earnings—

•Earnings

approved,

delivery

The

New

Atlanta Gas Light Co.—Earnings—

v

additional

approximately

Power

obtain

Y.

in

size and purpose. The items
tion are primarily made of stainless steel,
silver, natural bronze, and aluminum.

and next.

Federal

expected

May

offices

executive

N.

261,-521

1882.

p.

•Deficit.—V.

incorporated

materials,

-

on

spend

and

133,847

income—

oper.

171,

Gross

Brooklyn,

corporation's

ry.

30,000 shs.

1,000 shs.

May 18 filed a letter of notification with the SEC
covering the above mentioned 30,000 shares of 7% cumulative partici¬
preferred stock.

1950.

153,881

railway
railway

from

Net

—V.

Net

30,000 shs.

pari

value I

was

505,326

April—

on

BUSINESS—Corporation

1947

$944,457

459.872

income—

oper.

from

Gross

pating

Operating

Board,

ry.

working

Authorized

7%

1948

$994,884

340,619

From Jan. 1—

purposes.

GIVING

1949

$773,958

304,530

railway
railway

from

$62,000,

and

$18,000

at

1950

$722,777

from

Net

Gross

corporation in

capital

giving

and

April—
Gross

Y.—Stock

facture and sale of all types of lighting fixtures for
commerc.al, indus¬
trial and residential use.
In each of these major classifications the

order

an

Beaumont, Sour Lake & Western Ry.—Earnings—

31

extend

Fluorescent

participating

stock

hearing upon the common

a

would

100,000,000,000

and

Commercial

American

May

be

preferred

to

Net

parent company.

The

to

automobiles.

Non-operating

1950

against its construction

company

432,325 shs.

used

year

amount

if

increase

to

feet

bonds,

William

all

553,699

j

.

March 31—

has

company

lative

subsidiaries.

of

subsidiaries

meeting,

preferred

Offices:

Atlas

asked

The

228,231

119.474

Offered—

41,625 shs.

proposes

be

stocks

construction

the company

sale of

be

Net

follows; $32,000,000 from internal sources, $50,000,000 to $52,000,000

from

company

Corp., Guntersville, Ala.—Files—

shares

Baltimore Transit

1985.

p.

Artcraft

company.

Chairman

operating

new

application

an

this

1949,

eight-county

an

on

725

July 21.

Atlas

was authorized
by the Interstate Com¬
the maturity date on $1,075,000 of its
mortgage gold bonds for 25 years from June 1, 1950, to Oct. 1,
■1975.—V. 129, p. 1731.

256,516 shs.

request

American

common

expenditure

the

no

Other

incorpora¬

first

Outstanding

To Spend $100,000,000 for Expansion—

at

in

since

utility

in

2,855,744

Arkansas Western

380,607 shares of its no par common stock, to be offered
subscription by common stockholders of record on or about June
1950, at the rate of one new share for each eight shares held.
subscription price is to be determined by competitive bidding.

The

Exchange
Exchange

the

of

listing

for

Stock

Governors

of

agreement to merge with this
a subsidiary.
Under the provisions of this agree¬
holders of Darco preferred would receive 2Vt shares of present
par Atlas common.
Darco common would receive $1 per share in

cash.

stockholders.

certificate

in

income—^

p.

171,

The

Additional

on

York

The directors have approved a proposed

be

671,159

Months Ended

merce

Co.—Hearing June 8—

this

financing

William

application

New

ment,

and

to

necessary

results

American's

the

has

Co.

stock

000,000

Board

its

company, Darco Corp.,

—V.

products

432,325 shs.

8

investments

the

on

Big Board—

on

that

Atlas Powder Co.—Plans Split-Up of Stock—To Merge

detrimental

be

operating

of

to

shares

two

railway

171,

tion

as

50,000 shs,

par)

Interested persons until June

Proceeds

the

by

public

corportiaon

covering

common

railway

oper.

Street,

The

*68,113

Subsidiary—

Hocking Glass Corp.—Split-Up Effective—

from

from

the

Moines

1,500,000 shs.

American Natural Gas

21,

stock

2

approximately one-third of the state.—V,

stock,
financing of

Power

"can

cumpany

would

subsidiary's

taken

are

in

it

the

Water

would be used for redemption of
$5,000,000 in outstanding notes and for retirement of 93,500 shares of
preferred stock at $110 per share. The remainder would be applied by

ing common shares of American-Marietta Co. for such 50,926 shares
of capital stock of United, on a share-for-share basis,—V.
171, p. 1881.

lor

97,309

72,443 1

company has outstanding 1,172,000 shares of
approximately 19,000 shareholders.

by

ferred

in

progress

■

As

approved

June

on

common

Atlas Finance
The

faced

was

119,029

the hands of the public.
The purpose of the exchange
is to provide for the acquisition by American-Marietta Co. of
remaining 50,926 shares of United Brick & Tile Co. by exchang¬

SEC

9,522

1832

p.

its

of

communities

SEC

view

139,503

remaining in

The

1,302,668

309,672

8,567

announced

operating

embracing

justifica¬

153,667

ceeds

118,125 authorized shares of
capital stock outstanding, including 2,730 shares reserved for issuance
pursuant to a reorganization plan in 1939.
American-Marietta Co.
owns 67,199
of such outstanding shares, the balance of 50,926 shares
offer

300

stockholders;"

significance

no

made

has

Improvement

Arkansas Power & Light

EXCHANGE OFFER

$5,000,000

i

($2 par)
shares ($2

NOTE—United

such

without
its

235.473

The
EFFECT TO

cumul.

Common shares
B

before

from

The

Class

1,536,397

164,370

10,940

The

1.

held

An

1947

others.

Authorized

6%

is
or

Kansas,

United-Des

except

owned by United,

50%

CAPITALIZATION GIVING

3%%

171,

$603,839

The

City, Mo.; Tulsa and Oklahoma City, Okla.; Wichita,
DesMoines, la.
Its products are distributed primarily to

5%

as

1,353,977

193,703

<

Oklahoma.

contractors

much

*32,405

1,281,073

railway
railway—
income—

company

stock

order of the Commission

1948

authority

at Kansas

Kan.,* and

23,594

'

*533

oper.

June

on

"imme¬

$'J83,0'15

—V.

United is principally engaged in the business of
manufacturing and
selling face brick, common brick, paving brick, hollow tile, drain tile,
fireprcofing tile, silo tile and other ceramic products. United owns ten
plants located In Iowa, Kansas, Missouri and Oklahoma.
It has sales
offices

5,313

'

lrom

from
ry.

•Deficit.—V.

take

nor

that

them

was

companies located in Iowa,

it

Capital shares outstanding--.—
Earnings per share

incorporated in Delaware
on Dec.
18, 1928, and at that time acquired the properties of United
Clay Products Corp. under a plan of reorganization, the latter com¬
pany
having been incorporated in Delaware on Jan. 4,
1926, to
Missouri and

$318,550

85,230

income

formally

1949

on

Marietta

that

Net profit after charges and

exchange, will receive both the dividend payable on June
on their shares of capital stock of United and the dividend
Aug. 1, 1950, on the common shares of the Americanto be received by them in such exchange.

1950,

payable

1947

$379,484

140,969

45,295

1—

was

$630,515

9

are

shares

common

1943

$327,311

t
._

Jan,

Net

I- Archer-Daniels-Midland Co.—Earnings—

to

who

1949

$319,321

railway

railway

compel¬
distribution of

1950

—V.

cents

50

1950,

stockholders

Gross

-Earnings—

1950

oper.

Net

order

$783,905

Net

per share on the capital stock of United payable
holders of record May 15, 1950.
Thus, all United
holders of record on
May 15, 1950, of shares
of capital stock of United and who accept the
exchange offer prior
to July 20, 1950, and are holders of record on
July 20, 1950, of the

June

an

From Jan. 1—

8, 1950, declared a
the common shares of

on

1950,

115,302

trading

answer

assets

1942

with

stockholders

accruing

June

from

Net

1950, to holders of record July 20,

on

277,832

146,987

and

railway—
Net ry. oper. income—

May

on

ry,

From

The

railway—

Net

'the shares of the company or of United.

on

quarterly
The

the

355,228

92,204

petitions

to

answer

proceedings

American

have

situation

April—

ex¬

Gross
with

Net

V.

Illinois.
connection

243,915

202,293

Ann Arbor RR.—Earnings-

change offer must deliver for exchange their stock certificates at
the office of American-Marietta Co., at 43 East Ohio Street, Chicago 11,
In

of

"can

investment

such

are issuable
of $12.50 par

Gross

accept

of

accordance

value,

431,901

income.
1782.

reduce

2193.

p.

filed

654,750

from

from

■

tion

pursuant
to
the
will pay to each
for each common

turn

its

substantial

earnings
171,

760,872

p.

Net

of

50 cents
issued in such exchange.

Co.

stock

will

equal

dissolution

states

sold

or

a

Anchor

issued

remaining

interest

of time since the

involved

to

interests

effect

—V.

on

Co.

amount

an

court

American believes that the earnings of
be
substantially increased and that

the

on

effective

American-Marietta

services

M.

dealer

of

act

will

stock

April 28, covering
on May
19, 1950.
Dealer-Manager in connection

became

American-Marietta

share of American-Marietta

Holders

stock

common

the

in

further

distributed

expires

owned

capital

compulsory

should

to

682,932

of the dissolution order."

entry

respect

the

29,164

970,265

April—

can's stockholders."

to

39,239

oper.

171,

Gross

endeavor to find purchasers for the physical assets of Washington
Irrigation & Development Co. and that "any action which might
delay the negotiations would be detrimental to the interest of Ameri¬

Co.,

11,677

Atlanta & West Point RR.

scheduled

Its

also

53,932

*

Atlantic City Electric Co.—Listed

with the SEC its

American's

difficult and

With

offer

American-Marietta

outstanding

of

passage

American's

American

at

electric

See

flied

institute

not

is

mere

the

upon

J

registration statement filed with the SEC

the 50,926
with

and

.

the

of

of United Brick & Tile Co.

H.

.

directing

Co.—Proposed Acquisition—

capital

1950,

the

the

lo

been

American

respect to such petitions."
thereof, American contends in its

distribution
.

that

67,464

income.

,1949

with

support

tion

of United

share

19

The

neither

action

In

has made an exchange offer involving 50,926 of its
shares to the holders of the 50,926 shares of capital
Brick & Tile Co. outstanding in the hands
the basis of one common share of American-Marietta

company

par

stock

increase

.

.

American-Marietta

•

visualized—will

at

has

answer

other

expansion

years,

continue

will

plan

the

Commission

phase we and the industry
are
in
will
terminate
with
the five-year
program.
There is every
Indication that
in the
main
the growth
characteristic of the
five
least

The

12.

assets

program,

I

June

May 29

on

company

The

the $190,000,000
$340,000,000 for the

of

stockholders.

its

to

on

plan,

immediate liquidation of American and the
among security
holders.
requests that the petitions "be viewed by the Com¬
mission as statements of the position of the petitioners, and that the
ling

is

large budget
construction

the

the

requesting that the Commission apply to a Court for

year,

and the budget for
likely to be approximately $150,000,000,

$189,500,000,

hearing

95,355

railway..
railway

from

Asks SEC to Reject Plea of Stockholders' Group—

For

the

and

liquidation,

$158,705

36,966

from

ry.

May 29, filed a plan with the SEC for a reduction
a
pro rata cash distribution of $16,139,211.79, in

on

$200,010

130,445

oper.

Net

—V.

share.
In connection with the distribution,
capital from $67,000,000 to $50,875,000/

its

of

five-year program

ry.

Net

Light Co.—Files Plan for Capital

&

of a Court order approving the plan.
aggregate distribution will amount
to $16,139,211.79,
repre¬
the $16,125,000 proceeds from the recent sale of American's
holdings of the common stock of Pacific Power & Light Co. plus an
amount
sufficient to bring the distribution to the next even penny

example, of the $340,expended, as of the end of
the years 1950 and 1951 now

had

we

figure

from

Net

more

The

will

a

to

"comfortable"

a

senting

per

reach

say:

completion.

to

31

period last
"Our own

same

on

road

ended

amount

is

entry

Earnings per share of common
$1.26 for the same period in
194)
number ot
shares outstanding.
Gross

same

said,

he added,

1947

$135,730

railway-

1950

which is subject to approval both by the Commis¬
sion and by an appropriate U. S.
District Court, American would
distribute $6.89 per share to each of its outstanding 2,342,411 shares
of capital stock.
The record date would be within 10 days from the

$40,957,107,

were

which,

1948

$257,237

From Jan. 1—

Power

capital

8EC

Under

to

months

went

the

its

for

and

weeks,

two

1952

In

1949.

for

over

further

along

which

appears

for

the
12

1.13%

Spovn

well

now

to

1,

May

on

of

compared

the

for

line

authorized within the past
1, 1952."
1950 operating revenues

2,

$39,546,985

adjusted

revenues

the

on

come

he

company,

feet,

Monday, June 5, 1950

.

railway-

from

Net

.

Bay Ry.—Earnings—

.ews

Gross

the

of

reserves

company

partial

Sept.

on

quarter

$1.12

were

when

Unit

line

first

to

but

Distribution—
The

scheduled

now

Gas

4,000,000,000.000 cubic

American

of com¬
kilowatt

compound annual
rate of between G%
and 6V2%, and should it continue at 6%
over
the next 12 years, by the end of 1962, the System peak
will reach
4,250,000 kilowatts, or double our present peak reached in March,
1950 of 2,112,000 kilowatts, Mr. Sporn said,
v,
Within the next 28 months, there will be brought on the line an
additional 750,000 kilowatts of capacity—bringing total plant capacity
to 3,026.000
kilowatts.
Mr. Sporn also announced: "We now expect
to bring Unit 2 (150,000 kilowattsi at the Philip Sporn plant on the
line on June 15 of this year.
Unit 1 at Tanners Creek will come on
the line on Feb. 1, 1951 and Unit 3 at Sporn on July 1, 1951.
Unit 4
Sporn

action,

Gross

The growth curve for the past 22 years represents a

at

dividend

in relation to the price obe increased when the com¬

low

would

figure,—V. 171. p. 2193.

135%.

over

future

too

was

payments

pany's cash position improved.

the

in

progress

indicated

and

forecast

to

dividend

$1.20

present
stock

the

declined

Woolfolk

Mr.

Capacity

1962—

.

Countries.

foreign

$42.00

subscriptions

7

per

year.

and advertisements must be made In New York funds.

Volume

171

Number 4913

..

The Commercial and Financial Chronicle

.

(2295)

The

Capital Flotations in the United States During the Month of April
And for the Four Months of the Calendar Year 1950

Corporate financing for April totaled $435,481,000, fall¬
ing $99,262,411 below the total for March last and $249,268,322

short

of

the

which footed up to

figure

aggregate

$684,749,322..

for

April,

Carolina Electric & Gas Co. 3% 1st and

.

Repeating the performance of past years public ujtility
offerings comprised the major portion of the month's
financing with the aggregate amount for stocks in this
category exceeding public utility bonds and notes by a

issues, the former amounted
ter, $52,271,750.
Over-all

!

to

1,

new

"January
February

purposes

was

continued

for

the

34th

consecutive

exception of May, 1947.
separate issues were floated in April of

total of 97

which 41
and

were

bonds

aggregating $246,972,450,

904,785,000

900,178,000

4,607,000

Treas. bills

905,112,000

900,776,000

4,336,000

i-:

$143,175,740

20

230,734,000

137,615,000

bills

902,376,000

Treas. bills

! '902,846,000

902,376,000
900,603,000

5,371,726,000

5,371,726,000

1

U.

Tax

2

Total

for

,,

/

,

10,106,377,323

8,975,659,000

1,000,827,000

1,001,836,000

2,524,000

1,000,530,000

2,684,000

9

91

16

91

day Treas. bills
day Treas. b lis

23

91

day Treas.

Feb

1

Feb.

Treas. bills

U.

Feb

S.

1

Tax

bills

1,000,930,000

1,000,930,000

1,918,018,000

1,918,018,000

581,028,070

581,028,070

1,037,000

1,037,000
229,374,900

Antic'n

notes.

229,374,900

February^™

6,739,606,970

5,922,141,000

Treas.

bills

1,000,248,000

1,000,248,000

day Treas.

1,001,102,000

for

2

91

9

91

$1,391,615

bills

1,001,102,000

day Treas. bills

902,416,000

Mar 23

91

day Treas.

bills

900,323,000

91

day Treas. bills
16-mo. Treas. notes

901,893,000

900,943,000

2,741,319,000

2,741,319,000

1,860,166,000

1,860,166,000

Mar

1

Mar 15

549,563,440

Total

5

6,286,238
2,913,516

169,694,702

6,114,910

S.

notes

Savings

bds.

1

Tax

Antic'n

2,367,000

notes-

Total

Apr

for

950,00©

524,479,344
2,367,000

—

361,658,300

—+-

361,658,300

10,195,971,644

9,306,517,000

889,454,644

901,559,000

901,559,000

,

175,809,612

365,819,081

902,416,000

524,479,344

Depositary bonds—

Mar

555,849,668

362,905,565

Treas.

yr.

i;: u.

Mar

$234,831,046

817,465,970

900,323,000

Mar 30

*

March

day

Mar 16 ' 91

Mar

Refunding

$233,439,431

Total

818,000

notes

Depositary bonds

Feb

1,130,718,323

Savings bds.

20-mo. Treas.

1

Total

'

April

Pacific Gas & Electric Co.;
$40,000,000 Jones & Laughlin Steel Corp. 3% 1st mort¬

1,631,000

411,046,500

v.

1

Feb

municipal financing for the first four months of
New

par common stock of the

11,631,000

411,046,500

:

<1,001,645,000
1,004,360,000
1,003.214,000

Feb1

2,243,000

706,854~823

706,854,823

notes-

January

day

Mar

January.
"February

The principal issues (that is as to size) placed in
April
included the $49,684,680 offering of 1,656,156 shares of

Antlc'n

,;

31.60

'

1950 is set forth below:

while only $60,642,025 or 13.93% made up the remainder
of 21 preferred stock offerings.

'

Savings bds.

91

Mar

•

S.

Indebt

Feb

| Municipal financing for April amounted to
$175,809,612
compared with a total of $365,819,081 placed in March.

stocks amounting to $188,508,550, or 43.29%.
It is noted in a further breakdown that
$127,866,525 or
29.36% represented a total of 35 common stock issues,

of

Depositary bonds
1

43.15

22

Treas.

day

Ctfs.

21.96

40
..

day

91

f Total

21.68

37,132,524

91

1

Feb

% of Total

j

19
26

Jan

"Revised.

56

$25

<

_

April

56.71%

or

28

March

month with the sole

A

Treas. bills

day

Jan

,

Total Amount

S

day

91

Jan

„

Issues

Indebtedness

91

Jan

No. of

Refunding

5

Jan;

has exceeded funds to be applied for refund¬

money

ing

20.40% was to
trend wherein

New

Accepted

Jan

common

Corporate issues placed privately with insurance com¬
panies and others in April comprised 22 in number for
an
aggregate total of $137,615,000.
This represented
31.60% of the month's total and compared with
$230,734,000 made up of 40 issues in March of the
current year.
/
Corporate issues placed privately in the four months
of 1950 by months follow:
*
~

financing

;

12

.

Jah

1, 1951 to 1965 inclusive.

for April in the corporate field
shows that $346,625,260, or over 79.60% was raised for
be

Jan

the

Co.

FUNDS

OF

Total Amount

Security

$

$13,616,064 offering of Cincinnati Gas &
stock, consisting of 486,28.8 shares
of $8.50 par, and the
$10,110,000 Pennsylvania RR. 2^4%/
equipment trust certificates, series Z, due annually April

$116,182,975 and the lat¬

money purposes, while $88,855/740,<or
used for refunding operations.
This

1975;

Electric

amount of $168,454,725
common
and preferred

new

USE

.'Type of
Dated

Q, due March

very substantial margin.
A glance at the April figures
for utilities reveals a total of $97,865,000 for bonds and
notes compared with the sizable
for stocks.
Broken down into

refunding mort¬

bonds, due in 1980; $18,000,000 Boston Edison 2%%:,
1st mortgage bonds, series B, due April
1, 1980; $15,000,000 Shawinigan Water & Power Co.
3% 1st mortgage and
collateral trust sinking fund
bonds, series
gage

1949,

March

tabulation of figures since January, 1948,
showing the different monthly amounts of cor-?
poration financing.
Further revisions of the 1949 and 1950 figures may be
necessary, particularly as additional
private financing is brought to light.
i
we

present

a

day Treas. bills

13

91

day

95,387,000

91

day Treas. bills

1,001,149,000
J.,001,540,000

905,762,000

20

903,026,000

98.514,000

Apr 27

Below

91

Apr

$16,706,269 $1,332,309,407

"Figures revised.

6

Apr

bonds, series B, due June 15, 1975; $22,200,000 South

gage

$1,315,603,138

91

day Treas. bills

1,000,032,000

902,846,000

97,186,000

15-mo. Treas. notes

887,097,000

887,097,000

3,503,558,000

3,503,558,000

Apr

1

Mario

OF

CORPORATE

FINANCING

BY

MONTHS

Capital

422,535,517

Tax Antic'n notes-

210,534,700

Total

$

New

Capital

-+1948-

Refunding

Total

New

Capital

Total

Total

*

s

$

$

$

553,189,848

107,974,500

661,164,348

457,478,725

1,295,000

458,773,725

373,524,374

February™:

148,580,192

20,487,877

169,068,069

245,905,085

2,590,000 ;

253,417,785

565,380,788

14,091,516 j

394,698,331

39,260,000

433,958,331

705,972,487

97,041,541

803,014,028

four

S

-

...

March

168,441,000

366,302,411

First quarter..—

1,068,072,451

296,903,377

1,364,975,828

1,098,082,141

346,625,260

88,855,740

435,481,000

683,528,072

April
May

U

8,934,763,217

930,915,217
3,768,554,154

quarter
.':

.•

Six

months

597,397,598

August—

September-

65,790,474 2,262,006,564

1,554,058,367

113,858,174 3,408,156,405

3,198,936,016

428,687,883

•INTRA-GOVERNMENT

199,462,033 3,398,398,049

508,794,501

16,774,735

127,184,110

259,360,941

3,090,000

461,630,369

26,631,500

69,080,212

745,275,258

1,229,785,811

491,482,000
651,314,000

t393,954,00©

<90,760,000

53,045,000
828,047,000

105,955,000
t737,287,000

881,092,000

t631,332,000

179,600,000

70,548,000

913,530,000

70,400,00©
t842,982,000

1,093,130,000

t772,582,000

130,000,000

112,050,000

17,950,000

99,528,000

413,600,000

t314,072,000

-

IjliJ!

A

Certificates
Notes

_

,

/. JIUJ /

1

_

Total

159,000,000

*

-——

f<

.

March

Notes

] 488,261,869^

182,938,386 4,153,431,663

4,428,721,827

Certificates

245,958,268 4,674,680,095

Notes

90,958,444

532,137,528

629,987,993

18,743,019

182,930,760

35,125,000

218,055,760

504,013,576

15,600,000

419,942,887

695,623,105

4,071,860

699,694,965 ?

38,414,879

1,868,039,553 1

-

V

-

519,613,576

105,249,790

—

648,731,012

314,693,097

quarter

938,802,941

231,333,234 1,170,136,175

1,829,624,674

months

4,909,296,218

414,271,620 5,323,567,838

6,258,346,501

229,528,000
Total

for

525,650,000

t296,122,000

1,057,196,000

four months-

3,151,186,000

t2,093,990,000

•Comprise sales of special series certificates and notes; certificates
sold to Adjusted Service Certificates Fund and Unemployed Trust Fund
and notes to Federal Old Age and Survivors Insurance Trust

284,373,147 6,542,719,648

Civil

Service

Retirement

Fund,

Foreign

Service

Savings
Life

Treasury Financing in April

Date

Amount

of

1V4%J Treasury Certificates of Indebtedness
D-1950, in the amount of $962,544,000 which
matured on April
1, 1950, and, $3,503,558,000 was re¬
ceived and allotted for the
offering of
Treasury
Notes of Sefies A-1955 offered to holders of 1%% Treas¬
ury Notes of Series A-1950, in the amount of $3,595,997,000, ana which matured on April 1,1950. No cash sub¬
scriptions were received and the balance in each case
Series

Feb
Mar

Dated

24

Mar

3

Mar

Due

91

days

1,664,590,000

TREASURY
f-

Due

FINANCING

Amount

Accepted

$
5

<

91

days
days
days
days

1,000,248,000

Details of New

Yield

'

Capital Flotations
During April, 1950

%
*1.137

9

days

1,525,461,000

1,001,102,000

99.712+ *1.139

Mar 16

91

days

1,641,347,000

902,416,000

99.714 +*1.131

Mar 17

Mar 23

91

days

1,477,857,000

900,323,000

99.712+ *1.138

Mar 24

Mar 30

91

days

1,423,742,000

901,893,000

99.711

Feb

17

Mar

16 mos.

2,741,319,000

2,741,319,000 100

17

Mar 15

5 years

1,860,166,000

1,860,166,000 100

Mar 1

10-12 yrs.

524,479,344'

Mar 1-31

1

Mar 1-31

Mar

Mar 1-31

Mar

12 years

2,367,000

2 years

361,658,300

1

*

J

Long-Term Bonds and Notes (Issues Maturing Later
Than
•'

'

Feb

Jan

13

Jan

19

91

Jan

20

Jan

26

91

Dec

19

Jan

1

1 year

1,614,132,000.
5,371,726,000

Jan 1-31 Jan

l

10-12 yrs.

'

706,854,823'

1.646,065,000

for

Mar 31

*1.145

-V'*

:

f$l,995,000 Delaware,

iy«

days

1,428,398,000

Yieid

; a

2,367,000

100

b

99.728+ "1.076

"1.081

to

901,559,000

99.710

12 years

902,376,000

99.722

"1.101

99.721
902,846,000
5,371,726,000 100

Western

RR.

2%%

equipment

Guaranty

Trust

Co.

of

New

York.

.

•

Apr 13

91

days

1,367,892,000

1,001,149,000

99.707

*1.160

Apr 20

91

days

1,658,682,000

1,001,540,000

99:706

+ *1.162

21

Apr 27

days

1,549,288,000

1,000,032,00,0

99.705 + *1.166

15 mos.

887,097,000

887,097,000

5 years

3,503,558,000

10-12 yrs.

422,535,517

422,535,517

'12 yrs.

6,758,000

6,758,000

Apr

91
-

1

i Mar 15

to

Apr 1-30 Apr

1

Apr 1-30 Apr

100

'

,

;

lVz

for
.,

a

a

100

Apr 1-30 Apr

1

2 yrs.

210,534,700

210,534,700 100

from 1.45%
to 2.50%, according to maturity.
by Salomon Bros. & Hutzler; Drexel & Co.; Union

.Securities

Corp.;

Stroud

and

&

Co.,

Inc.

flO,110,000 Pennsylvania RR., 2V*% equipment trust certficates, series
Z, due annually April 1, 1951 to 1965, inclusive.
Purpose,

IV*

3,503,558,000 -100

yield

Offered
,

equipment.

new

cording
Inc.

b

and

son

2

+ *1.103

&

Price,

to

yield,

1.45%

to 2.55%

Curtis;

Schoellkopf,

Hutton &

Reynolds & Co.
Total

1,631,000

100

•

Pomeroy,
>

Inc.;

.

100

b

April

for

four

8,934,763,217

'

^Indicates issues sold competitively.

2

411,046,500

for

Total

a

*

Jan 1-31
Total

Jan

for

2 years

1

411,046,500

January

—

—

<■

10,106,377,323

months—

(Continued

35,976,719,154

•Average rate on a bank discount basis,
a Comprised of three
sepa¬
series, of which series E have 10-year maturity, are sold on a
discount basis at 75, and yield 2.90% : series F have a
12-year maturity,
are
sold on a discount basis,
at 74, and yield 2.53%
and series G
have a 12-year
maturity, are sold at 100. and bear 2V2% interest,
b Comprised of separate issues
designated Treasury notes of tax series

on

page

6)

..

rate

*

Jan

27

Feb

2

Feb

3

Feb

9

Feb

7

Feb

16

Feb

17

Feb

23

Jan

20

Feb

Feb. 1-28

Feb 1-28

Feb
Feb

91 days
91 days

days
91 days

1,685,534,000
1,637,001,000
1,551,109,000
1,554,884,000

20 mos.

1,918,018,000

10-12 yrs.
12 yrs.

581.028,070

91

1,001,645,000

99.717+ *1.118

1,004,360,000

99.717+ *1.119

1,003,214,000
1,000,930,000

99.714

*1.131

99.714

*1.132

1,918,018,000 100

iy4.:

Total

Feb

for

a

Sale

100

2

of

229,374,900

229,374,900

100

b

February———.———

6,739,606,970

2 yrs.

-




C-1948, C-1949 and C-1950.

Series C earnings, about 1.07%.
on Aug. 31, 1948. c
Treasury notes
began Sept. 1, 1948 and interest accrues each month.
If held to maturity of 3 years interest
approximately 1.40% per annum.
Effective Aug. 11, 1949 these notes are sold
at par and accrued interest
from the first day ol the month in which
purchased.

a

1,037,000
'

Feb 1-28

C-1947,

581,028,070

1,037,000

of these bonds was discontinued

series

D

In the

lowing
ures

comprehensive tables

pages

with

ac¬

to maturity.
Offered by Harriman Ripley & Co.,
Lehman Brothers (jointly); Paine, Webber, Jack¬

l'/a

706,854,823 ""'i a" ?;.:

1,631,000

&

14,800,000 Nashville, Chattanooga & St. Louis Ry., 2%% equipment
/trust certificates, series F, due annually May 1,
1951 to
1965, inclusive.
Purpose, to purchase equipment.
Price,

*1.148

14

.

1,683,106,000

Lackawanna

2% first consolidated mortgage bonds, series J,
refunding.
Price, 100 and accrued interest. Sold

Purpose,

Apr

%

99.727

905,112,000

r ;

certificates, series J, due $133,000 annually April
1951 to, 1965. Purpose, for new equipment.
Price, to
yield 1.45% to 2.65%, according to maturity. Offered by
Higginson Corp.; L. F. Rothschild & Co.; and Auchincloss,
Parker & Redpath.
;
j.

2

361,658,300 100

Apr ' 7

Mar 20

Years)

1,

a

10,195,971,644

91

6

Five

railroads

'trust

l'/a

524,479,344

4

March

Apr

Mar 20

Price

$

Jan

Jan 1-21 Jan

,

99.713

Apr

1950

904,785,000

1,782,159,000

6

91

DURING

Amount *

Applied for

Jan

12

;

417,000 Erie RR.

Date
;

Government Life Insurance Fund, National Service
Fund, Federal
Deposit Insurance
Corporation,
and
Loan Insurance Corporation.
tNet retired.

Savings and

V.>

Price

Mar 10

Total

Department in April, outside of the
above, confined its operations to the usual weekly sale
of Treasury Bills, Savings
Bonds, Tax Anticipation Notes
and Depositary Bonds. •
; ■ ;

Dated

$

91

Treasury

STATES

Accepted

2

redeemed in cash.

UNITED

Amount

Applied for
$

Offered

Secretary of the Treasury announced on March 30 that
$887,097,000 was received and allotted for the offering
of 1%%
Treasury Notes of Series C-1951 offered to

System,

Insurance

Federal

Account,
Fund,
Fund, Postal

Retirement

Canal Zone Retirement Fund, Alaska Railroad Retirement

tRevised.

27 v Jan

'•>

46,496,235 1,276,282,046

Twelve

Dec

159,832,000

t42,287,000
t351,667,00©

1

262,450.941

171,539,039

Fourth

Offered

117,545,000
' 139,815,000

February;

525,569,236

8,118,500

441,179,084

December.

The

Net Issued

•

■

,249,760.000

Notes

85,738,976 1,639;797,3431

43,097,486

3,970,493,277

November-

was

,•

April—

October—.

of

■

•

•

257,360,000

627,294,427

128,441,553

months

holders

<' ?*

—

391,264,624 ?

*

446,552,109

,

Retired-

$

January

250,000,000

4,154,647.
29,896,829

17,864,226

676,195,046

FINANCING;,,

Issued

621,238,292

119,065,610

Third quarter

'

'

51,687,500

387,109,977

3,294,298,231

__

$

'y 320,548,000

330,479,400

1,246,777,842

,

-

113,723,057 1,758,600,706 *

569,550,792

34,050,000

July

Nine

1,644,877,649

30,519,224

2,196,216,090

ft"

.$

•

:

684,749,322

296,429,400

,

—

Second

1,221,250

210,534,700

8,003,848,000

Certificates:

1,216,258,618

,

June

48,067,700 1,146,149,841

6,758,000

—

i.—

.

35,976,719,154 32,208,165,000

-

months.

579,472,304

534,743,411

for

376,114,374

7,512,700

April
C''V' -S .'K

'!

:

Refunding

January

i.

422,535,517
1

6,758,000

1948

—fl949

Refunding

$

U. S. Savings bds._
Depositary bonds

Total for

-1950New

1950, 1945) AND

notes

1

Apr

4pr
SUMMARY

Treas.

yr.

1

Apv

<

5

bills

Treas.

we

those

compare

for

the

on the fol¬
the April fig¬
corresponding

period in the four years preceding, thus
affording a five-year comparison.

and
»'

Total

$

Total

682,5 43 348,105 71,34.058 1,02 1,492

40,320 172,89X 5 84.28049 25,0 0

48.357,40 7,125,0 1,350, 0 190.73,564 6.735,0 1.570, 0 1,49,40 257,304 97,80 0 19,407 7,125,0 12,850. 239,58.64 18,7350 1,4 ,50 8.470, 0 14,23690 682,5 43

97,80. 0 71,05 0 1,50 0 48,50 175,0 0 1,4 ,50 6,90,0 12.78,50 425,3 0

$

"""

7,850769 7,642,34 25,0 0

Refundi g 28,6958
$

-1946

Capit l

$

80,964 0 5,0 ,0 19,870 2,643,0

164,07 0 156,942 0 2,10,0

621,3829

$

18,0624

7, 4 ,720 1,50 , 0 1,350, 0 152,30659 6,135,0

1,3 9,52 1,4 9,40

17,82 41

569, 0792 49,6850 15,9486 1,70,0 76,53078

165,0 0

684,7932 76,90 190,274163 952,013485

516,8320 47,23580 120,56 2

J-';: .'-: 7 5,0 0 165,0 0

«

43,750 681,905 45,63815

1,2 1,250

250

"•"28T,

15, 0 4,57950 30 ,0 67,5 0 10, 0 17,40 0 40, 0 4,60,0 289,57 90

$

' 50 ,0 0

T

.

17,0 0

Capit l 15, 0 15,74813 30,00 67,050 10, 0 40.00 40, 0
$
•

New

Total

94,35128

437,96.50 1,30 0 51,7012 79,04172

-

50 ,0 0

.

1,250. 0

1,250, 0

-

46,97317

$

4,10 , 0

1,250, 0

24,60813

■

289, 643

8,239,52 13,5702 3

50 ,0 0

12,3 250 138,49 687 15, 0 35,01 87 30 ,0 0 150, 2163 125,0 0 40 ,0 0 40, 0 16,32 50 382,4950

54,169082 10,738 0 32,41 4

10, 0 23,9076 13,29 40,5280 245,960.82 17,238 0 2,50,0 10,6 14 127,30 17,0 0 10, 0 60,1576 621,3829

~

1,30 , 0 1,30 , 0

575,0 0

575,0 0

$

4,83 ,0 6,50 , 0 2,437,50 15,47 0 5, 0 , 0
14. 2,0

2,50 , 0 51,68750

.

fRDBeacvonlstrpumdki.

1,30 , 0 1,30 , 0

Capitl 35,690 17,9240 2,50 0 65,7350 1 ,8250 1,50 32,150 437,9650
$

10, 0 23,9076 130,75429 35,69 0 231,58.02 10,738 0 2,50,0 98,16 4 1 ,8250 1,50 0 10, 0 57,60576 569, 0792

53,94082 10,738 0 32,41 4

New

.

,

Total

Refpndi g

$

17,560. 192,67 0 4,0 ,0 176,09 0 52,30 2,50,0 20,6 0 51,05 0 516,8320

165,0 0

7 5,0 0

165,0 0

7 5,0

$

wirT a

165,0 0

98,526,40 52,4 07 1 3,750
■

-

'

165,0 0

-

16,9026 167,523 17,560 291,368240 4,0 ,0 28,51207 52,463750 2,50 , 0 20,6 0 67,4526 684,7932
281,250 281,250

16570

281,250

7 5,0 0

ITSSCUNFOGONRRHOPAEIUEEFWPARID
FLCGAFMOOOUVRRNERPIECNIMPGDANLTT,,
GtFfoehvfbrSadumoragontunmnicpdeyillyd,esss manufctrig hoeldticn.g, manufctrig hoeldticng., manufctrig hoeldticng., manufctrig—. hoeldticng.,
-194

Capit l

$

New

Total

vv
~

$

516,07 0 47,235780 120,3527

683,5207 3,25 0 189,52 8 906,375 0

27,4 0 60.42~05 127,8652 19,54 50

50 ,0 0
435,810 87,950 175,809612 69,58612

-1950 Refundi g 80,17 0 3.^ 91,750 4.9 2,9 0

Capit l

New

SOUMFARY

$

64,9250 6,14,910

8,5 740

$

159,8 650

50 ,0 0
346,2560 2,870 169, 4702 539*,6892

147,2560 56,90275 12,8735 19,54 50

80,964 0

19,435274 -r 81,27163 25,0 0

Refundi g 4,83 ,0 13,8670 6,50,0 2,437.50 15,47 0 5,0,0 2,50 , 0 51, 250

-1948

94 ,50

-

1,250, 0

40.528,0 19,710 6,50,0 2,50,0 68,1750 127,30 17,0 0 34,8150 48,609 0

392,76 91

3,9132 61739,460 2,35,0 17,0 0

32,16,32 "• . 1,825,0

,

1,30 . 0 7,8 5,126 1,50 , 0 12,850 180,436 63,46573

50 ,0 0 230,475 6 6, 27

12,3 250 172,48601 15, 0 96.149,57 30 ,0 152,47 163 125,0 0 17,40 0 40, 0 16,832 50 463,1 960

51,60 597 83,652163 25,0 0

-

TtPONBiU{rSb[opIulnegtvlearsnwcfodk., MAOFYHEPINVRELS
FATMFOIYNPHIEVRCGLSti
Refundi g

6,90 . 0 •12,0873

$

51,68750 14,3850 1,348,104 40 ,0 0 167,82064

Refundi g 51, 250 "57 .76

$

94 ,50

—1947 Refundi g 2879 3,~1 7

108,47 60

■ 48,609 1,30,0 52,35120 79.0U4172

$

Total

1,30 , 0 130,406 1,50 27,8350 57,3 1573

$

New

382,4950 10, 0 40X781, 2 794,13 27

;

New

85,4931 96,50 0 1 ,532 4 5,625,0 59,43 918 18,26 47

Total

New

Capitl

230,475

463,1960 t5,0 ,0 10, 0 19,870 40,247 902,68732

capital - . 24,60813 1.250, 0 69,84.62 68,1063

$

40,612750 5,625,0 38,42.968 60 ,0 0

Capit l

.

V';"

307,26958

289, .643 2,40 61,32058 37,6021

$

-1948

-1946

18,0624 95,041.6 76,8 25

6,748,1 5
—1947 Refundi g 46,9731 7 27, 437208

Total

Refundi g 96.50 0 70,91 594 21,04950 17,68427

6 6, 27

289.57 90 1,250, 0 96,27832 75, 8.17

$
v

New

Total

392,76 91 325,68 0 10,2350 728,4129

50 ,0 0

$

-194

~

1,2 1.250

Capit l 17,560 192,670 4,0 ,0 175,3 0 52,30 2,50,0 20,6 0 51,050 516,07

98,526 40 52,4 07 1 3,750

16,409 12 167,41072 17,560 291,0324 4,0 ,0 27,3 07 52,463750 2,50,0 20,6 0 67,4 012 683,52 07

27,3820 97,8650 40, 0 2,60,0 4,5 ,450 730, 0 73,850 246,97 450

340, 0
168,45 72 3,924,150 13,52375

2, 37, 0

730, 0
18,50 27,3820 26,319725 43,924150 16,52375 4,85,40 76,08730 435,810

591,50

8,64,70

1,645180

730, 0
179,82310 26,950 207,543685 43.924,150 13,781 75 4,85,40 48,79580 346,25.60

$

New

Total

$

417,0
-1950 Refundi g 52,60

45 ,0

26,70 0 80,17 0

6,176,04

Capitl 26,950 45,26.0 40, 0

2,146,0 4,5 ,450 730, 0

47,150 16,8045

340, 0
162,7865 3,924,150 1,63517

$

ACHANRDTE

$

New

417,0 0

•

1,9 7,20

58,7604 2,371,20

27,9150 8,5 740

4

AOFPRIL Lboonagnn-otdeterdsmsShort-emPrefstorcekd stock Short-emPresftocrekd stock bLoonangno-ntdeterdsms.Short-em stock stock corpate toal fdignuoroest
Corp ate- Domestic— Can<di — bLooannngo-dtteersms foreignGovernmtIBnteraanionklforgeoveirgnmntLGooaavnnd,Municcpail—tStes,,SPotsaeeisn MAOOPNRFTIHL LBonogan-Tdersm utiles cescootpteall,,,Eqmuainpufmcterenst anodi indausntrdl bueildtncgs,T1 Ittnrrvaeusdtmsinng,,Miscelan—ous SBhooartn-Tdesm utiles esccototpeall,,,Eqmuanipufmcterenst anodi indausntrdl bueildtcng.s, — Itntrvraeusdtmsinng,,Miscelanous utiles scceotoeptallr,,,Eqmuainpufment aacensodri indausntrdl bueildtncgs, Inttvrreausdtmsinng,,Miscelanous •<;'Railroads u;tiles sccetooeptallr,,,Eqmuanipufment aacensodri indausntridl bueildtncgs, Inttvrreasutdmsinng,,Miscelanous sceocrpuritate

MONTH




Com on

Com on

•

•

Other

Pref red Com on

agencis&. include NotesGrand

Total

Can dian

fi

Other Farm United
*

•These

v;

Railroads Public Iron,

Total

Motors Other Land, Rub er Ship ing
Oil

Notes- . 1
Railroads Public Iron,

Total

Motors Other Land, Rub er Ship ing
Oil

i

Stocks-

Railroads Public Iron,

Total

Motors Other Land, Rub er Ship ing
Oil

Total—

Public Iron, Motors Other Land, Rub er Ship ing
Oil

Total

Total

;•
$

986,570 2,65.0 41, 8065 24,73902 48,20 0

Total

456,0 0 310,53 87

7VboT o
"

t-

462,01 0 136,90 97,045 0 279,50 13,9 0 1,4 50 14,260 17,28 50 1,03476,0
12,50

125,0 0

2.50X60

.

Refundi g 831,72 86 2,14.0 192,843 5 15,62037 48,20 0

''':••

r
R6-194 efundi g 450,9 0 135,67 94 49,064538 2 ,168427 13,9 0 50 ,0 0 7,360~ 0 6 6, 27 879,21 06 2,06X0 Q

398,6250 67,150

$

-194fr

2,650
.'1~

•

;

$

50,0 0

139,01 841 0,25.0 40,964 38 394,72 985 2.97460 *:t\ 3.50 0 1,421 37 3,986. 654,78 907 462,01. 0 278,0.841 8,205,0 53,46 38 491,76985 302.47,30 13.90, 4,94,50Q 25.68X237 51,39 6
;

*.

*689,268
2,140 10.2 931 5,625,0 79,08658

60 .060

.

689,868

2,69725 208,463 1 450,9 0 247,35 2 5,625,0 128,5126 2,768427 13,9 0 2$,9819,7 9,627*25 8,46,579

2.319.5 7 7, 49, 52
;

..

' -••v

.

v

Capit l 154,8 14 51,0 218,3«0471 27,1 59
Total

116,,050>0191,,69647279487229

90 ,0 0

39 ,0 0

$
•
'

New

$

1,0825, 0 61,3250 18,312 168,0372

Refundi g 275,896318 3,25,0 49,26458 29,60 57

Capit l

$

New

Total

358,7453 82,1 0 45,0 0 15,30 16,31 89 29,0 0
39 .0 0

804,362 58,09 0 13,4506 13,4965

$

1,93 680

•:

'$

1,40 , 0 149,86 38 241,68530

5,0 0

10, 0 6.830, 1,0671,53 21,0 0
4,150, 0

—

40 ,0 0

Refundi g 154,6 30 6,08,205 4,67,052

20 ,0 0

1,80 , 0 3,0 ,0 30,71695 3076"T,l5 25,0 0 1,635,86
—1947 Refundi g 183,09 137

21692,,840547460837976

v-V

Vv.

20 ,0 0

$

:

$

1,5 0, 0

1,50, 0

Capit l 59,705 0 273,418 3 19,80 0 27,93805 10. ,0 1,20,0 40, 0 37,2641
New

Total

$

189, 60 781,6380 36,50. 0 5,0 ,0 8,50.0 38,5120 27,30. 25.960, 12,0 0 316,450

Refundi g 42, 90 46,289 0 6,50,0 17,6250 21,075.0 1,30 0 9,40, 0
$

-1948

10 ,0

218,1700,549853469630

75,0 0

51,0 . 28, 7.910 2,08,0 40,27450 315,68.397 2,37460

1. 80.4 3 9,15 , 12 26.3,914

46,32 06 1.046,0 30,84631 2,580, 0 52,74570 36,1859 79,06173 2,147903 16,05~l712 42,93 78

59,750 61,3250 19,0 84 168,25 8 25,091630 3,20 , 0 2,0 ,0 42,51 72

61,50 0 57,3604 2,80. 0 473,8435 125,091630 35,061 0 65,0 0 576 ",0 140,96172

V

7

3,05,0 3,2 5,0

$

165,4057 248,510 6,895,46 421, 03

$

-1948

'

61,50 0 456,1 950 2,80 0 30,675 0 10, 0 31,86 10 65,0 0 38,90 0

Total

10,27349 21,,37429986758 23,,8497159170
38,7250 1,2385172

"XtXoO

New

10,273497 t82.1 0 5,0 0 18,960. 1,023 42 50, .0

$

-1947

Capit l '• 1,0460 1,52,406 12.50, 0 47,980462 57,31573 "94X56 6^90~0 16,20.873 154,8 14

57,4150 24,93857

708,930 4,621,40

69.57,427 4,710,458

360,9741

79,61 25 1,80,0 25,873564 3,0 ,0 35,412 53 30,6i7l6 25,0 0 930 9,21,786
708;

59,705 0 32,86 470 19,80. 0 438,072 125.091,630 4.0,0 40. ,0 1,291,07 13,70438

56740, 58,09 0 49743.657 163,548 97 25,091630 3,20 , 0 1,291,07 37,89.72
1,30 , 0 1,40 , 0

280,4756

10, 190 10.738 0 109,5341 15,72 50 10, 0 35,4874 391,50298 189. 6,0 891,6390 47.238,0 5,0 .0 8,50,0 48,1054 38,02150 25,960 12,0 0 ldrO ^O 3546,7
4.654, 36

596,516

5, 13,205

10,764257 42, 9.0 50,94 36 6.50.0 ""705,5 21,075 0 1.30, 0 10,8651
?3

FiPNBUStMFGtfIroapnutochrenavalevdbsglriucgwnmmfddky.syc,^RDUSIbPM$o2ph,3m8i0f.s YTMEAF3TUSINOSPINHVHDAR0URELSD 4111193,,,,26708852469308720964457S5.2
FTEFYMMAL3FAINUNOPOAIHDVRCUR0PDMNLSGL
Capit l 1,7 2905 1,40,0 143,72863 237,0938

5,0 0

New

Total

$

1,508

30 ,0

94,701 50 21,0895

135,20 1, 698 2 3,750, 0

15,0 0

$

12,,81340986 2,38,4986075.64

Refundi g 48, 270 165,0 281~250
135,0
Capit l 1,460 58 94,70150 21,7 65

15,0 0

$

New

$

1,250 ,850 79,850 164,2390 28,5238 19,54 50

Total

49,28 950 206,75.0 7,25,817 263,9 76

~

Total

$

New

16,0 .0 287,35 0 762,3179

$

-194

Capitl 147,650 735, 40 30. ,0 5,0 0 8,50. 0 320,74950 251, 0 14,60 12,0 0 306,9250

~

40X 0

3,0 ,0

1,8045628 10, 0 75,0 0 42576,0 1,3209,47 20,3950

198, 0 59,48 90 78,650 6,39,0 327845,0 146.90 1,30 45760b 0 143,"87^608

48, 270

Capit l 198, 0 52,19320 78,650 6,39,0 328751,0 146,90 3,913,0 45^60, 0 143,"87^60
$

New

32,,67354806127

1,30 0 1,40 , 0

30 ,0 0

30 ,0 0

165,0

135,0

135,0 0

11,4,277500683

Capitl 174, 50 543,8206 57,489750 29,8250 47, 540 12,405 0 ~ 6 ,6o 2,50,0 91,360 95, 78

241,9 60 70,265.0 60,36750 72,517 0 51,045 0 13,405 0 "60 ,0 0 2,50,0 120,750
~

10

147

380,7941

413,250 175,0 0
143,74 82 24, 570 92,016871 46,135.02 306,71065 198. 0 703,5 682 102,875 0 6,39.0 42.86L71 47.31 250 1,305 0 45,60 0 190.2,60
281,250 281,250

37460,7

413,250
143,7 82 24, 570 92,016871 -175,0 45,83 02

V3 0. 0 7,2~17 60

~28l7250

198, .0C 6 ,07298 102,8750 6,39,0 42o753L81 147,3 250 4.08.0 45,60~ 0 189/T4~10

306,4295

60 .0 0

75,0 0 79,850 31,059. 4 8,34,914 53,82473 4,157,095 240, 0 20,43951 23,74 19 450,1 528

4.80.0

$

657.0 841,09654 40.738 0 5,0 ,0 8.50, 0 42,89706 36.94,50 14,60. 12,0 0 0 .0 34,07231

105,3465 10,738 0 104,8206 15.721,50 10, 0 34,852.31

165,0

4,80 , 0

Total

ONCGORREPUFPWAITE

1,832905

1,52380

Refundi g 37295,70 4,30, 0 7,21765
$

-194

16,0 0 80.6 ,0 75,4 97

1,7860213

$

10 ,0

241.9,60 43129 68,421 126.397 5,204 13,650

31,54.91 219,5719

GOVERNMT, notes. - 2,8356049 fbSuoamtunnicdpieyldstsesQProuofvbrcfcey Notes30 —:■_ manufctrig— hoeldticng., —- Notes- —• manufctrig —. hoeldtcin.g, — — manufctrig—. , hoeldticn.g, _ manufctrig hoeldticng.,:— 13,45,76991
30
agenci.s&
385,7917 10, 0 75,0 0 38725,0 16,70269 1,895,0 918, 5386

Refundi g 310,58412 50, 0 20, 135 5,249.30
$

-1950

CFOORRPEIGANT,

Capit l 940,12438 29,875.0 14,261975 27,602.84 19,54 50
$

~

40 ~0 6

3,0 ,0

New

86,20 1,3560138 18,50 0

1,4 697,1

$

CAHANRCDTE

SOUMFARY

591,50

50, 0 50, 0 21,06740 3,642,65

Refundi g 67,8 10 163,4 12 2,547,0 42,6950 3,60.0 1.0 ,0 29,3450 310,58412
$

-1950

25, 075 67.8 ,10 184,6 052 2,547,0 46,37465 3.609 0 1.0 .0 79,3650

60 ,0
25,07 0 29,8750 310,4316 8,34,914 50,24 08 4,157,095 240, 0 29,043951 23,15 691 425,64823 174, 50 85,63852 65,8746 80,62508 51,602.54 12,645.0 31,543951 139,50691

New

AENPDRIL boanndds — stock-: stock bonanodtedss ; stoc.k stock-.foreign-boannodtedss stock-; stock corpateGovernmt—InBteraanioklforgoeverinmgnt—Gavnd,♦Munciciptal—eStse,s,SPotaeins fdinignculuoroedestb$15,0ns EANPDRIL Boands utiles eccooptarl,,manufces ori indaunstrdl -—bueiltdc.n—gs, —ttrraudsing,, —. Boands utile—s cecooptarl,,manufces— oriesinadunstrdl bueildtncgs, ttrraudsing,, — — utiles—eccotop.—arl,,manuf acesori indaunstrdl bueildtncgs, ;ttrraudsing,, utiles ecctoop.—arl,,manuft acesori inadunstrdl bueildtncgs, ttrraudsing,,|4iscelan—ous secocurpritate
MONTHS Corpate- Domestic— Long-term Short-em Pref d Com on Candi - Long-term Short-em Prefred Com on Long-term Short-em Pref red Com on
Other

4




^

Total

Can dian

Loan United

Other Farm

1i

toal •These Includes

Grand

1

MONTHS Long-Term Railroads ste l,Equipment Maotnords
4

Public Iron,

Other

Short-Tem
— Land, Rub er Ship ing Investm n Miscelan ous Total Railroads Public ste l, Equipment Maotnodrs

Oil

J

■

Iron,

Other Land,

StocksRub er Ship ing Investm n Miscelan ous
Total Railroads ste l,Equipment and

—

Public Iron, Motors Other Land, Rub er Ship ing

!

Oil

Investmn Miscelanous

otal—

T

Railroads Public Irson,lte , Equipment Maotnords Other

Land,

Ship ingInvestm n

Total

6

The Commercial and Financial Chronicle

(2298)

due
i

/

.

terest

(Continued from page 3)

-

13,810,000 Reading: Co., 2>/e%

equipment trust certificates,

semi-annually Oct,

1950

15,

April

to

series

1965.

15,

Stroud

12,250,000 St.

&

Co.,

Louis

tificates,

Pur-

2.55%, according

Co.;

Co. Inc.; R.
Illinois Co.; Freeman

The

Hutchinson

14,000,000 Wheeling

8c

2%%

Ry.,

McMaster

interest.

accrued

Offered

refunding

PUBLIC

Harriman

bv

Ripley & Co.

Hills

series

E,

Price,

100.99%

Power

March

1980.

1,

Co.

Light

Purpose,

first

mortgage bonds,

8c

3'/2%

G'orpp.

first

and

mortgage

100,000

bonds, series B, due Apri 1, 1965. Purpose, to finance
purchase of additional properties.
Placed privately with
institutional

an

118,000,000 Boston

April

and

accrued

Kidder,

Co.

Peabody

first

Purpose,

interest.

&

Power

Co.;

Purpose,
tion

2%%

Co.

Bros.

&

Hutzler;

first

mortgage

bonds

Price,

100.61%

and

*175,000 Kern Mutual Telephone Co. 4%
due

Sept.

1,

for

and

1973.

capital.

Placed

6,000,000 Lil

•

Feb.

1,

1980.

101.644%
&

Co.

and

Inc.;

Co.

2%%

Purpose,
accrued

De

R.

and

C.

Schmertz

construction.

&

Offered

Townsend,

Fausct, Steele & Co.; E. W. &
Co.;

mortgage bonds,

new

for

&

Co.,

R. C.

Inc.;

Prudential

at

and

par

Inc.;

Inc.;

due

Crouter

Miller

&

Schmidt,

&

Bodine;
Co.; Otis &

Poole

8c

Water

gage

bonds

Sold

privately

due

Northwestern

*2,500,000 New

York

Service

1980.
to

3'/4%

Corp.

Purpose,

30-year first mort¬

refunding.

Price,

Metropolitan

Life Insurance
Life' Insurance Co.

Mutual

Water

Service

Corp.

4%

25-year

Co..

1980,

Purpose,

accrued

to repay

interest.

porated;
/'

Light Co. 3%

&

Carl

bank

Offered

M.

Loeb,

first

by

Rollins

&

Co.

*1,000,000 Scranton-Spring Brook Water Service Co.
27/8% first mort¬
gage bonds, due March 15, 1976.
Purpose, to repay bank
loans incurred for construction
purposes.
Price, at 101.
Placed
privately with John Hancock Life Insurance Co.
*15,000,000 Shawinigan Water & Power Co. 3% first
mortgage and
collateral trust sinking fund
bonds, series Q, due March
.

1,' 1975.

Purpose,

for

expansion

Price

program.

interest. Placed
privately with 13 institutions
through The Dominion Securities Corp.; Harriman
Ripley
& Co., Inc.; White, Weld &
Co., and* Kidder, Peabody

mortgage
103%

bonds,

and

due

accrued

&

Gas

Co.

1980.

3%

interest.

Offered

The

First

Boston

8c

Homer

Co.;

Lehman Brothers; Blyth & Co.,
Inc.;
Goldman,
Harriman Ripley & Co.,
Inc.; A. C. Allyn 8c
Inc.; Harris, Hall & Co. (Inc.);
Hemphill, Noyes,
Graham, Parsons & Co.; F. S.
Moseley & Co.; Tucker
Anthony & Co.; Robert W. Baird & Co.,
Inc.; Alex Brown
&
Sons; Hayden, Miller & Co.; E. M.

Corp.;

Co.,

Newton

Whiting,

y

Weeks & Stubbs,

Oversubscribed.
*1,400,1
i.OOO Texas

y;due 1975.

Corp.

J.

J.

3</4%

Purpose, refunding.

&

&

B,

Fuel

&

Light

1970.

Co.

and

Co.;

Clement A.

the

privately.

first mortgage bonds,
refunding. Placed priInsurance Co. of New York

Modern

Loan and

44,735,000 Federal

Woodmen

of

America

♦$40,000,000 Jones

&

Laughlin

series B,

due June

plant

COPPER,

Price, par.

Price,

at

Placed

par.

pri¬

notes

and for
acquistion ($96,000).
Offered by The Ohio
Company.

(in^p

1

n

wffh
with

&

t

f

Fisher

Mutual

*1,000,000 Stratton
Apru

25,

Brick

5%

&

Co.

to 1962.

Privately

10-year

first

0 morteage assets.

Life Insurance

Co.

Tcrstegge Co.
Purpose,

of

New

4%%

1965.

Do^nmSe Inc.Wlth

for

&

(Preferred

stocks

of

ar.d

computed

1950

and

1.35%

new

1,

Corp.;

Banks,

note,

corporate

subscription

stock), together with
Purpose, for exploration and
(U.

warrant

50

S.

shares

for
of

develonment
Dollars)

50

of),

1.30%

capital
of

and

y/

to

by
Louis,

St.

Co.,

stated

no

Harden;

W.

E.

Lynch,

&

construction

new

Pierce,

Bacon,

Becker

G.

A.

for

and

share and accrued

per

Inc.;

Rollins

&

Co.

Ripley

&

Miller &

Son;

M.
W.

E.

Inc.;

M.

&

Beane;

Co.;

&

Inc.;

H,

dividends.

Fenner

Whipple

& Co.

Co.,
Co.;

Inc.;

Baker,

William Blair

Byllesby

Harris,

Hayden,

Hornblower

Hutton

&.

Hall

Stone

Weeks;

&

& Co.;

Hurd,

Co.

J.

J.

Clegg

Newton

Pur¬

Paine,

&

&

W.

Shields

Co.;

Chas.

&

Co.;

Webster

Webber,

Jackson

Co.

&

Co.;

Scranton

Co.;

Stein

Corp:;

White,

&

Corp.;

G.

H.

Weld

&

&

S.

F.

Eros.

Securities

Securities

Lerchen
&

Co.;

Hutsler;

&

Union

($22,870,-

&

&

&

Curtis;

Pressprich & Co.; L. F. Rothschild & Co.; Salomon
&

Starkweather

Co.;

Smithers

&

Co.;

Stix

&

Co.;

Trask

&

Co.;

Boyce;

Spencer

Walker

Co.,

Shearson,

&

and

Co.;

Watling,

Woodard-Elwood

Oversubscribed.

by

1,

Inter-Mountain
stock

consolidated

Nov.

Telephone

Co.

52,224

shares

of

common

(par

$10).
Purpose, to repay bank loans and for
capital.
Price, at par to stockholders and $11
share to public. Offered by company for subscription

working

1950.

per

Macdonald

stockholders

common

(other

than

Southern

Bell

Tele¬

& Telegraph Co. and The Chesapeake & Potomac
Telephone Co. of Virginia who subscribed for an additional
42,776 shares).
Unsubscribed shares
(4,821) underwritten

H.

1%%,

by Courts & Co.; Equitable Securities Corp.; Mason-Hagan,
Inc.; Scott, Horner & Mason, Inc.; Clement A. Evans &
Co., Inc., and The Robinson-Humphrey Co., and publicly

2 1/10%

March

15,
1950, due
1979, inclusive.
Purpose,
The Mercantile-Commerce
Mo.; Laidlaw & Co.; and

Kansas City,

offered

Purpose,

to

Prj(,e

nar

9.300

Co.

shares

of

&

common

M.

CO.;

905,650

(par $50). Purpose, to finance
Price. $50.50 per share and accrued

Y

Offered

by The First Boston Corp.; Blyth &
Co., Inc.; Merrill Lynch, Pierce, Fenner &
Beane; Stone &
Webster Securities Corp.; Dean Witter
& Co.; Refsnes, Ely,
Central

Republic Co.

(Inc.);

A.

C.

Co.,

Allyn

and

Goodwin;

Bosworth,

stock

due

gram.
ton

&
&

(par $5).

Price,

Purpose,

$13.25 per share.

to. 125.000 shares

Beane;

Co.;

Stone

Refsnes,
A.

&

Webster

Ely,

Allyn

Securities

Beck

and

&

Co.,

Co.;

Inc.;

Corp.;

Dean

Central

Witter

Republic

Co.

Newhard, Cook & Co.;

of: California;
William
R.
Staats Co.;
Ball,
Burge & Kraus; A. G. Edwards & Sons; Hill
Richards
&
Co.; The Milwaukee Company;
Schwabacher & Co.;
Shuman. A°new & Co.; Walton, Hoffman
&
Goodwin;
Bosworth, Sullivan & Co., Inc.;
Butcher
&

Co.; Hamlin & Lunt;

Sherrerd;

Crowell, Weedon & Co.; Elworthy & Co.; Estabrook &
Co.;
California
Company;
Kebbon, McCormick & Co.;

Pasadena

stock.

Henry
Co.;

Corporation;

Dahlberpr

Wesley
& Tompane.

in¬

/

&

Hall

Smith,

Co.;
&

Davis

Co.,

Moore

&

Skaggs

and

Co.;
&

Benton

Merrill

Lynch,

$14

Pierce,

Newton

&

Co.;

Hanrahan & Co.;

Sincere

Figge-Vavra

&

Co.,

"

"

and

and

Co.;

Miller & George;

Thomas

Ernest

L.

Kosek

Crabba

&

Co.

--

Iowa Electric Light & Power Co. 18,113 shares of
4.30%
cumulative preferred stock (par $50). Purpose, for refund¬
ing. Price, $50.25 per share and accrued dividends. Under¬

Simmons; Julien Collins & Co.; Edward D. Jones &
Co.;
Co. of California; Putnam &
Co.; Rauscher, Pierce
Co., Inc.; Reinholdt & Gardner; Smith, Moore &
Co.;
Boenning & Co.; J. M. Dain & Co.; W. L. Lyons & Co.;
Mason-Hagan Inc.; Schneider, Bernet & Hickman; Whee¬
&

lock

E.

&

M.

Sutro

Co.;
M.

Cummins,

&

Co.;

Grimm

Lee,

Newton

Inc.;

& Co.;

Barrett

Sincere

&
,

Co.;
Figge-Vavra
Oversubscribed.

150,000 Kern

Mutual

(par $10).

&

Purpose,

of

accounts

fered

by

company

ers.

&

and

Co.;

Fraser,

Co.;
Co.;

Miller

Phelps
&

Thomas

Ernest

L.

Kosek

for

($117,COO).

subscription

by

Price,

at

common

8c

George;
Crabbe
&

Co. 15,000 shares of common
refunding ($33,000) and toward

payable

par.

Co.

stock:
pay-

Of¬

stockhold¬

Underwritten

by Bailey & Davidson.
Unsubscribed
shares publicly offered at $10.50
per share. Oversubscribed.
300,000 Lincoln
mon

Price,

Telephone & Telegraph Co. 15.000 shares of com¬
(par $16%).
Purpose,
for working capital.
per share.
Offered by company for subscription

stock

$20

by stockholders.

&

Ficks

Co.,

and

Telephone

ment

First

of

Inc.;

Pacific

com¬

to finance construction pro¬
Offered by The First Bos¬

Co.

C,

Co.,

Co.; Hamlin & Luntj Hanrahan &
of

Corp.; Blyth & Co., Inc.; Merrill Lynch,
Pierce, Fenner

(Inc.);

&

&

Sullivan
&
Co.,
Inc.;
Butcher
&
Sherrerd;
Crowell, Wearion fir. Co.; Elwn-tbv & Co.; Estahrook & Co
;
Kebbon, McCormick & Co.; Smith, Moore &
Co.; Sutro &
Co.; Wagenseller & Durst, Inc.; Henry
Dahlberg & Co.;
Davis Skaggs & Co.: Grimm
& Co.;
Wesley Hall & Co.,
and Benton M. Lee, Ficks &
Tompane.
V--r"
Power

Blyth

written

Inc.; Newhard, Cook & Co.; Pacific Co. of
California:
R. Staats Co.; Stroud &
Co., Inc.; Ball, Burge &
Kraus; Hill Richards & Co.: The Milwaukee
Company;
Shuman, Agnew & Co.; Walstori, Hoffman &

&

com¬

by The First Boston Corp.; G. H. Walker &
Co.;
Blyth & Co., Inc.; Merrill Lynch, Pierce, Fenner &
Beane;
Smith. Barney & Co.; White/Weld &
Co.; A. C. Allyn and
Co., Inc.; Central Republic Co. (Inc.); W. C.
Langley 8c
Co.; F. S. Moseley & Co,; Alex, urown & Sons; W. E.
Hutton
&
Co.; Quail & Co.; Pasadena, Corp.; Bacon,
Whipple & Co.; Robert W. Baird & Co., Inc.; Blunt Ellis

William

1,656,250 Central Arizona Light

of

Price,

shares of $2.35

cumulative preferred stock

Co.;

Co.;

Oversubscribed.
40,000

refunding.

&

&

Co.

for

Boenning & Co.; J.
Mason-Hagan Inc.;

E.

&

Purpose,

Co. of California; Putnam & Co.;
Rauscher,
Co., Inc.; Reinholdt & Gardner; Smith, Moore &
M. Dain & Co.; W. L. Lyons 8c
Co.;
Schneider, Bernet & Hickman;
Wheelock & Cummins, Inc.; Barrett &
Co.; Fraser, Phelps

Co.;

&

program.

$5).

/Underwritten by The First Boston Corp.; G. H,

Pacific

Pierce

per

dividends.

(par

share.

Co.;

acquisition of additional propby Wegener & Daly Corp. to

Offered

Utilities

^

W. C.
Langley & Co.; F. S. Moseley & Co.; Alex. Brown 8c
Sons; W. E. Hutton & Co.; Quail & Co.; Pasadena Corp.;
Bacon, Whipple & Co.; Robert W. Baird & Co., Inc.; Blunt
Ellis & Simmons; Julien Collins &
Co.; Edward D. Jones &

residents of the State of Idaho.

California-Pacific

share.

per

Fenner & Beane; Smith, Earney &
Co.; White, Weld &
Co.; A. C. Allyn and Co., Inc.; Central Republic Co. (Inc.);

are

UTILITIES

iinance

$11

stock

mon

Mo.

taken at par, while pre¬
all classes of common stock are

and

at

3,790,990 Iowa Electric Light & Power Co. 270,785 shares

j^-

Walker

value

par

value

par

construction

properties
accrued

loans

$51

&
Co.;
The Illinois
Co.;
Kebbon,
McCormick & Co.;1 Kidder, Peabody & Co.; W. C.
Langley
&
Co.;
Lee Higgison Corp.;
Lehman Brothers; Carl M.
Lceb, Rhoades & Co.; Laurence M. Marks & Co.; Merrill,
Turben & Co.; F. S. Moseley & Co.;
Mullaney, Wells &
Co.; Maynard H. Murch & Co.; Newhard, Cook & Co.;

by

T.

dated

1955

2,000,000 Central Arizona Light & Power

through

shares

cumu¬

Co., Inc.; Herman Bensdorf
Co., Inc., and Glover & Mac-

&

Merrill

Co.,

&

Hilliard

Co.;

(par $20). Purpose, for expansion
program.
Price,
share.
Offered by First California Co.
Oversub-"
scribed.; / -

purposes,

instltutional investor

bank

by

Elair,

$32

mortgage

notes,
privately

5.10%

or

Kendall &

Price,

Co,; Harriman,
(Inc.); Hayden,

POSSESSIONS

bonds,

PUBLIC

and due
Purpose, refundthrough Peters,

Placed

and

(par $100).

Freeman

repay

Co.;

E.

at their offering prices.)

Beck

York.

Minot,

Allyn

Stone

1951.

Co.;

& Co.
(Inc.); Central Republic Co. (Inc.); Julien Collins & Co.;
Coolcy & Co.; J. M. Dain & Co.; Francis I. du Pont & Co.;
Eastman, Dillon & Co.; Equitable Securities Corp.; Farwell,
Chapman & Co.; The First Boston Corp.; Glore, Forgan &

consolidated

money

Corp. 3,000 shares of

&

Co.,

&

Inc.

to

C.

&

15-year debenture

due Feb.

and

Offered

Co.,

siuu).

(par $1 Cana¬
in units of $1,000 of notes
(having attached thereto




3(4%

Inc.;

for.

All

subsidiary

M.

M.

($5,000,000).

$300,000 Boise Water Corp. 3,000 shares of 5% preferred stock
(par

Price, 100V2

promissory

general

capital

$909.09

Inc.;

Banks,

County

from

Trust

a

ferred stocks of

Plains Development Co.
of
Canada, Ltd. $5 000 000
(Canadian) notes, dated April
1, 1950, and due
April 1,
1965, and 250,000 shares of capital stock

unit;

and

STOCKS

$4,545,450 Great

per

Co.;

Underwritten

527,061

control.

Pacfic

Price

Co.,

Inc.

Credit

control

Trust

Commerce

OILS

non-detachable

Noel

subscribed

Co.

&

Marks

6,446,400 Illinois Power Co. 128,928 shares of 4.08%' cumulative pre¬
ferred stock
(par $50).
Purpose, refunding
($1,446,400)

Stein Bros.
Mackall & Coe:

1,
1950 and
due
Price, par.
Offered

annually

flood

Bank

;

dian)

Scribner;

&

Co.;

May

STATES

(City

flood

$20,000

$2,600,000

a

&

&

Dann

Offered by Macdonald G. Newcomb, New

dated

UNITED

mon

&

1,

Intermediate

500,000 Honolulu

serial bonds, dated Feb. I,'l950,
Boettcher & Co.

*350,000 Sayre

Walker

H.

M.

Works

in

&

Gregor,

H. P. Wood & Co.;

Alstyne

Company,

Laurence

Common,

Purpose, for additional
subsidiaries.
Price, $100 per
share.
Underwritten by Eutcher & Sherred; Hill, Crawford
& Lanford, Inc.; Southern Securities Corp.;
Sinker, Deane

$87,795,000

15-year 4% installment
notes, due Nov.
rp"rpose' for exPansion. Sold privately to
Massachusetts Life Insurance Co.
through Elyth 8c Co., Inc.
*300,000 National Sugar
Manufacturing Co. 5%, 5(4% and 514%

f5000Dfch
1 from 1951
WHt«J*
Par'
Placed
Writer & Cristensen and

Water

Sullivan &

Co.;

Vietor,

preierred stock

stock

program.

Lerchen

General

&

Company;

phone

*700,000 Lucky Stores, Inc.

42S

Van

refunding.
Newcomb, New York fiscal agent.

G.

Manufacturing Co. 414% 12-year
sinking fund de¬
bentures, due April 1, 1962,
Purpose, refunding ($154,000)
to
interest.

G.

Lestrange & Co.; DeHaven
Bodine, and Sweney, Cartwright

&

Company; Bosworth,

investment

fiscal agent.

debentures

250,000 Crise

repay

Inc.;

Credit

May

York

Corp. 3% first mortgage bonds,
15, 1975.' Purpose, to
complete postwar

vately with six life insurance
companies through The First
Boston Corp.

and

300,000

(sub¬

Corp.;

($21,865,000)

000).

43,060,000 Federal

Steel

improvement

debentures

A.

Evans

Intermediate

refunding

pose.

i/297,600

ETC.

&

Arthurs,

Inc.;

Crouter

McCormick

Watling,

Government Agency Issues

debentures dated

$97,865,000
COAL,

fund

&

Ohio

Hammill

Farm

:y

STEEL,

The

Purpose, to acquire property and equip¬
Offered publicly by corporation.

prHnc.

IRON,

due

Offered

Press Syndicate,

Price, 100.

for

witl1 The Mutual Life

($200,000)
($100,000).

Shields

Kebbon,

debentures,

-Bros.

4%

Purpose,

privately

Co.

Mason,
&

bonds,

15-year sinking fund de¬
refunding. Placed privately.

due

Placed

per

mortgage

Courts

Securities Corporation; Lehman Brothers;
Blyth
Inc.; Kidder, Peabody & Co.; Smith, Barney & Co.;
Securities
Corporation;
Hornblower
&
Weeks;

Co.,

R.

Son

Hydro-Electric Corp. 4%
bentures, due 1965. Purpose,
series

Townsend,

Union

$73,850,000

Co ;

Hilliard

B.

first

Placed

*200,1
>,000 Texas

*300,i
i,000 Wisconsin

&

Doolittle

ment.

:: V;

*

;

Hydro-Electric

and

Co.;

Webster

Purpose,

Purpose, refunding.

Union Securities Corp.;

Co.;

Boyce;

Sachs & Co.;
,

&

Peters,

Harris,

Weeks &

bonds, due 1965,

refunding
refunding.
Price,

by

Insurance

Price,
by A. G. Becker &
Blair, Rollins & Co.,
Co.; W. E. Hutton & Co.; Ladenburg,
W. C. Langley & Co.; Lee Higginson

&

&

lative

sinking

Securities

&

250,000 World Wide

first and

Purpose,

Life

notes.

subordinated

4%

Purpose,

122,200,000 South Carolina Electric

Whipple

Bacon,

preferred stock (no par—with stated value of $100).
to
finance
expansion.
Price,
$102
per
share.
by company for subscription by common stock¬
holders.
Underwritten by White, Weld & Co.; Stone &

Goodwyn & Olds; Robinson and Lukens, Stirling, Morris &
Bousman; C. F. Casseli & Co., Inc.; Barrett 8c Co.; C. T.
Williams & Co., Inc., and
Rohrbaugh 8c Co.

,

Co.;

Offered

of

Pierce, Fenner & Beane.

4%

.

Life Insurance

&

102.22

and accrued

Mutual

Co.

(Ed.) & Co. 3(4% 20-year unsecured notes, due
Purpose, to retire bank loans, for expansion
working capital.
Placed, privately with Northwestern

&

Noyes,

Graham, Parsons & Co.; Paine, Webber, Jackson &
Curtis;
Johnston, Lemon & Co.; Emanuel, Deetjen &
Co.; Granberyt Marache & Co.; E. F. Hutton & Co.; Sutro &
Co.,
and W. L. Lyons & Co.
-J.

Insurance

Auchincloss, Parker & Redpath; Mason-Hagan, Inc.; Riter

Incor¬

Hemphill,

Co.;

Hancock

interest.

accrued

American

Scott,

mortgage bonds, due
Price, 102.399% and

loan;

Blair,

Rhoades &

Inc.

20-year

Lemon

sinking fund

due May 1, 1975.
Purpose, refunding. Price,
Sold privately to Metropolitan Life Insurance Co.
and Northwestern Mutual Life Insurance Co.
par.

19,000,000 Pacific Power

Life

& Finance Corp. 5%
10-year sinking fund sub¬
debentures, due April 1, 1960. Purpose, refund¬
ing ($1,500,000)
and
for
working capital ($2,500,000).
Price, 1C0% and accrued interest. Offered by Johnston,

debentures,
at

John

Mutual

ordinated

and

&

Purpose,

loans and for working capital.

4,000,000 State Loan

100 %>.

Union

second

Pur¬

Insurance Co. of America.

Hallgarten

Mutual

York

Co.;

6,323,200 EI Paso Natural Gas Co. 63,232 shares of $4.25 convertible

unsecured notes.

1953-1970.
and

Thomas & Co.

*8,000,000 New

&

*5,000,000 Schuster

Co.,

&

& Co.

Co..;
Corp.; Metropolitan St. Louis Co.; The Milwaukee Co.;
Parrish & Co.; Stroud & Co., Inc.; Union Securities
Corp.;
Van Alstyne Noel Corp., and White, Weld 8c Co.

Price,

Langley

Emerich & Co., Inc.; Investment Corporation
Writer & Christensen, Inc.; Sills, Fair-

Ames,

Norfolk;

&

Society.

Brothers

Co.,

by Halsey, Stuart

The

Brothers

Co.;

man

'

15-year

the

with
the

and

Thalmann

first

interest.

Haven

&

of

ordinated), due March 1, 1970.

pri¬

C.

& Co.; Laurence M. Marks
Hutzler; R. S. Dickson & Co.,

&

Metropolitan St. Louis Co.; Mullaney, Wells & Co.; Pacific
of
California;
Pacific Northwest Co.;
Reinholdt
&
Stifel, Nicolaus & Co., Inc.; Stix & Co.; Sutro

1, 1960. Purpose, general corporate purposes. Placed
privately with an institutional investor through Schroder,
Rockefeller 8c Co., Inc.

first mortgage bonds, ser¬
to discharge accounts

working

Bros.

Gardner;

March

Purpose,

additional

Edison

Placed privately
Eastman, Dluua

through

Stores, Inc. 5% serial
equipment and working capital.

♦3,000,000 Grolier

&

to finance construction pro¬
Offered by company for sub¬
by employees. Unsubscribed

Stone & Co.; Hirsch & Co.; John C. Legg
Milwaukee Co.; Chas. W. Scranton & Co.;

Hayden,

Co.;

5

common

Field, Richards & Co.; The First Cleveland Corp.;
of Michigan Corp.; Green, Ellis & Anderson; Lester
& Co.; Merill, Turben & Co.; Maynard H» Murch & Co.;
Prescott, Hawley, Shepard & Co., Inc.; J. Earth & Co.;
Richard W. Clarke Corp.; Julien Collins & Co.; Paul H,
Davis & Co.; R. H. Johnson & Co.; Mead,
Miller & Co.;

Co.

privately

new

with

interest.

vately with Aid Association for Lutherans.
17,000,000 Metropolitan

investor

through Merrill Lynch,

for

construc¬

accrued

Redpath; The Ohio Company; Hallowell, Sulzberger
Co.; Watling, Lerchen & Co., and Mason-Hagan, Inc.
A,

&

of

Corp.; W. E. Hutton

Salomon

Co.;

Inc.;

promissory notes,
($19,200,000) and

*500,000 Grayson-Robinson

1980.

&

ies

($800,000).

Corp.

I

York

New

by White, Weld & Co.; Merrill Lynch, Pierce,
Fenner & Beane; Kidder, Peabody & Co.; Coffin & Burr,
Inc.; Dick & Merle-Smith; Carl M. Loeb, Rhoades & Co.;
Schoellkopf, Hutton & Pomeroy, Inc.; Auchincloss, Parker

payable

Insurance

Co.

Offered

>

&

shares

Co.

Placed

Stone

due

bank loans and for financing

to repay

expenditures.

2%%
refunding

Loan

*10,000,000 Family Finance Corp. 3%
pose, to repay short-term

& Webster Securities Corp.; Coffin & Burr, Inc.; Lee
Higginson Corp., and Wood, Struthers & Co. Oversubscribed.

110,000,000 Illinois

Purpose,

subscribed.

bonds, series B,
Price, 102.625%
The First Boston Corp;

by
Salomon

Purpose,

by stockholders and
(18,471)
sold by W.

shares

232,520

Co.

Price, $21 per share.

Securities

Equitable Securities Corp. 5% sinking fund debentures, due
1. 1960.
Purpose, for working capital.
Price. 100 and
interest.
Offered by City Securities Corp.
Over¬

mortgage

refunding.

Offered

$13.50).

(par

gram.

accrued

2%%

1980.

1,

common
program.

Sold to employees of company,

Light

St

scription

Feb.

investor.

Edison

due

of

First

purposes

1965.

1,

corporate

institutional

an

Life

collateral

trust

shares

construction

for

Offered by company for subscription

-

share.

per

Power

Delaware

stock

*25,000,000 C. I. T. Financial Corp. 2%% loan, due April 1, 1965. Pur¬
pose, for working capital.
Placed privately with New York

Equitable Life Assurance Society of the United States
through Dillon, Read & Co. Inc.
Water

first

Co.

Placed privately with

The

♦2,100,000 Boise

Industrial

other

with

finance construction.

to

and accrued interest.

3%-4%

Tenn.

486,288

Co.

Purpose,

$8.50).

Co.;

*$20,000,060 Beneficial
due April

3%

Memphis,

Church,

Baptist

V *4 882,920

MISCELLANEOUS

UTILITIES

&

•./<

•

$730,000

for

Black

in Canada.

Stern

Stroud & Co., Inc.; and Adams & Peck.

$27,382 000

*$990, 000

and sold

BUILDINGS

Hospital (The Benton Harbor Hospital Association)
314 %, 3%%
and 4%
first mortgage serial and sinking
fund bonds, due serially 1951 to 1965.
Purpose, to construct new hospital wing,
price, 101 and accrued interest.

mortgage bonds, series C, due Aug. 15, 1974. Purpose, to
bank loan and for working capital. Price, 98'/4%

and

Electric

St

Monday, June 5,1950

.

by stockholders.

250,000 Mercy

and

general

Gas

(par

.

355,452 Cincinnati! Gas St Electric Co. 48,409 shares of common
stock
(par
$8.50).
Purpose,
for construction program.

mortgage bonds, due 1951 to 1961.
Purpose, for new con¬
struction.
Price, ranging from 100% to 101%, according
to maturity.
Offered by B. C. Ziegler & Co.:

prepay

Inc.;

was

480,000 Bellevue

,

Erie

Lake

13 616,064 Cincinnati
1

Price, $28

and

Co.;

Co.

&

&

offered

LAND,

to maturity.
Offered by HalW.< Pressprich & Co.; Otis &

Stuart &

sey,

Dom-

&

Price, $28 per share.

amount

Price, to yield from

Purpose, for new equipment.
to

Dominick

'

]

Ry., 2V*% equipment trust cer¬
due annually May 1, 1951 to 1965, in¬

P,

by

stock,

Francisco

series

clusive.

1.45%

Inc.

San

Underwritten

notes.

Kidder, Peabody & Co.; Laurence M. Marks & Co.;
Hammill & Co.; Spencer Trask & Co.; Ball,
Burge & Kraus; F. S. Smithers & Co.; G. H. Walker 8c
Co.; Ingalls & Snyder; Clement A. Evans & Co., Inc., and
Moore,
Leonard
&
Lynch.
Oversubscribed.
A
similar

pose, for new equipment.
Price, to yield from 1.30%
to
2.45%, according to maturity. Offered by Salomon Bros.
& Hutzler;
Drexel & Co.;
Union Securities Corp.;, and

)

the

on

inick;

Shearson,

R,

.

♦Represents issues

placed privately,

flndicates issues sold

competitively.

■

,

B

Volume 171

Number 4913

t3,000,000 Metropolitan

.

.

Edison

The Commercial and Financial Chronicle

.

of 3.85%

shares

30,000

Co.

cumula-

V

":.•••;//' live preferred stock (par $100). Purpose, for construction
/

„

dividends.
Offered by
Harriman
Ripley & Co., Inc.; Union Securities Corp.;
American Securities Corp.; Francis I. duPont & Co.* First
of Michigan Corp.; Laurence M Marks & Co.; Paine, Web¬
ber, Jackson Si Curtis, and F. S. Smithers Si Co.
Price,

program.

..

.

new

■

,

,

„

Mason

American

expansion.

Telephone

&

Price, at par.

Telegraph Co., parent,
Offered by company for

Agnew

McAndrew

Pacific

Co.;

&

Electric

&

Co.

shares

42,896

Hansen &

New

pansion.

common

England

004

enttiled

shares.)

49,684,680 Pacific
stock

(par $25).

share.

per

Electric

&

shares

for

of

shares

1,656,156

for new construction.

Purpose,

Offered

subscribed

Co.

subscription

(42,693

shares)

Price, $30

by stockholders.
Un¬
underwritten by Blyth

Co.;

M.

H.

Warren

&

&

Richard

Co.;

Cohu

&

Republic

Inc.:

Sears,

by
&

Clark,

Coffin

Co.;

&

Burr,

&

Conrad,

Bruce

&

send,

Crouter

Co.;

&

Estabrook

Fahey,

Dempsey-Tegeler

Company;* Dick

Dillon,

Clark

&

Co.;

Co.;

&

of

&

Clement

Fairman

& Co.; Fewel & Co.; Field,
ton Corp.; First California

First

Read

&

Co.;

A.

Evans, &

Co.;

&

Inc.;

Co.; The First Cleveland

Co.;

30,000

Jones

&

W.

Langley

C,

Co.;

&

Earle

May Si Co.;

McAndrew

&

Co.,

McDonald

&

Co.;

Minsch,

&

Revel

Monell

Leonard

&

Miller

Co.;

Lynch;

&

The

Co.;

Mitchum,

Morgan

Milwaukee

Tully

Stanley

&

Co.;

Baerwald;

&

Co.;

Shearson,

Frank

Staats

Si

Securities

Co.;

Moore,

&

Lerchen

&

&

Stone

Stix

Wright,

Snider

Co.,

Si

Company,

!

$102

Co.

&

Hemphill,

(Inc.);

Graham,

Noyes,

Parsons

E.

A.

Inc.;

Beane;

to subscribe

Witter

Si

Pioneer

for 728,908

Telephone

(no

Hall
Si

right

preferred
pansion.

stock,

Price,

1,000

series

B

of

$100).

(par

Offered

par.

shares

&

Co.

(Inc.);

Lee

Higginson Corp.;

Shields
&

Si

Pomeroy,

Si

Weeks;

&

stock

'*/

W.

Power

Light

&

Whipple

ard

Co.,

Co.;

& Co.; Blunt Ellis Si
First Southwest Co.;

Salomon
Co.

Co.

shares

70,000

of

Securities

Union

by

Corp.;

Kidder,

Bros.

Si

Pierce, Fenner & Beane;
White, Weld & Co.; A. C. Allyn

Hutzler;

Inc.; Hallgarten Si Co.;
Co.; Carl

Union Trust Co.;

Hemphill,

First Southwest Co., and Rauscher, Pierce

$168,454,725

by

M.

Purpose,

for

Bishop &

H.

28,300 Public Service Co. of Northern Illinois, 283 shares of
mon

stock

ex¬

par.
Offered
stockholders.

by

and

for

\y*

preferred
bank

Gas

com¬

shares

and

series
for

Corp.,

H

30,000

$100).

(par

construction

plus accrued dividends.

shares

of

Purpose,

program.

to

Price,

Co.;

&

Beane;

Hopkins, Inc.;
Inc. and Tucker,

Co.,

7,000,000 San Diego Gas &
stock

ipar

$10).

Anthony

Electric Co.,

Puipose,

to

&

Lynch,

and

for

program.
Price, 814 per share. Underwritten
by: Blyth Si Co., Inc.; Bailey & Davidson; J. Barth & Co.;
Bateman. Eichler &
Rollins &
Co.

Co.

(Inc.);




Inc.;

Co.;

Bingham, Walter Si Hurry; Blair,

Brush, Slocumb & Co.;

Crowell,

Weedon

Si

Co.;

H. M.

Davies

Byllesby

&

Shepard & Co.,
Co.; Hanrahan

&

Co.,

Si

Inc.;

Co.,

Saunders,

Elder

Co.;

&

H.

A.

Vogel

Electronics

&

preferred
at

stock

Si

&

Co.;

Corp.,

Inc.;

Han¬

Stiver &

Co.;

Co.;

George

A.

Wiley

by;

Fairman Si Harris,
&

Horner &

of

6%

for expan-

Herrick

O. H.

Blosser;

Mason,

shares

Purpose,

Barrett

Inc.;

Straus &

Co.;

Scott,

Inc.;

200,000

$8).

(par

Offered

par.

Bradford

C.

Co.,

&

Wibbing & Co.;
Kalman & Com¬

Inc.;

& Gould;
Company of California; Hickey & Co., Inc.; Stirl¬
Morris & Bousman; Mason Broi;
Courts & Co.;
Prescott, Hawley, Shepard & Co., Inc.; Bioren & Co.;
Hanrahan & Co.; R. H. Johnson & Co.;
Grande & Co.,
Inc.;- Frank Knowlton & Co.; Clayton Securities Corp.;
Crowell, Weedon & Co.; Russ & Co., Inc.; Cruttenden.
Si Co.; Johnson, .Lane & Space; Edgerton, Wykoff Si Co.;
Mann

ing,

L.

H.

Erneison

&

ingham
50,000 Innes

Co.,

&

Shoe

Purpose,

Wm.

N.

Evans

Pope Inc.;

Si

Co.

shares

12,500

debt

pay

and

White &

Swain &

Kerwin,

Com¬

Fother¬

'V*:.'' [

Inc.

Co.

to

share.

per

The Ohio Company;

Inc.;

Co.,

Wiley Bros., Inc.;
Inc*; McDonald,

Co.;

pany,

and

of

for

common

working

stock

$1).

(par

capital.

Price,

$4

Offered by company.

2,207,125 Keyes Fibre Co. 88,285 shares of convertible first preferred
stock 5.6% series, (par $25).
Purpose, refunding ($1,339,700) and for working capital ($867,425). Price, $25.75 per
share.

Underwritten

by Coffin & Burr, Inc.; Paine, Web¬
& Curtis; Blair, Rollins Si Co., Inc.; F. 8.
Si Co.; Stone Si Webster Securities Corp.; Julien
Collins & Co.; H. M. Payson Si Co.; Maine Securities Co.;
Chas. H. Gilman & Co., Inc., and Chace, Whiteside, Warren
Jackson

ber,

Moseley

Inc.

Sears,

In

for 2,343

exchange

addition, 11,715 shares were issued In
share\ of preferred stock on a 5-for-I

basis.

237,500

Kropp

Forge

33'/3C).

tal.

Co.

1.00,000

$50).

$2.37Via

for

company

577,500 National
stock

I

Blair

stockholders.

subscription by

Motor Bearing

and

by

Underwritten

Gearheart,

Kinnard

&

offered publicly at $2.50 per

Co.,

Co.;

Si Co., Inc.; Elworthy & Co.; William
Davies & Mejia; Davis, Skaggs & Co., and

Brothers.

Oversubscribed.

275,000 Skiatron Corp. 275,000 shares of common stock

build

Purpose,
Offered
New

capita*

42,000 shares of

Inc.

Blyth

by

Si

Mason

provide
the

to

York,

as

a

pilot

demonstrate

and

plant

space,

etc.

models

Price,

public

with

by company,
selling agent.

$1

10c).

(par

of

various

per

share.

D'Avigdor

Co.,

210,000 Trad Television Corp. 600,000 shares of common stock (par
lc). Purpose, to purchase component parts and for work¬
ing capital.
Price, 35 cents per share. Offered by Tellier
Si Co.

Oversubscribed.

$13,552,375

OILS

$300,000 Tri-State Oil & Refining Co. 3,000,000 shares of common
stock (par 5c).
Purpose, to pay drilling expenses and for
working capital, etc.
Price, 10 cents per share. Offered

for

Barney

develop¬

&

Oil

S.

to

&

offered

be

share

Price,

of

in

units

of

one

share

of

preferred

and

ono

common.

Purpose, to drill and rehabilitate wells.
unit.
Offered by company for subby stockholders.
Underwritten by R. L. Hughes
cents

25

scrintion

Co.;

by C. L. Lough & Co.

Development Corp. 160,000 shares of common
(par 10 cents), and 160,000 shares of common stock

stock

con¬

Price, at par.
stockholders. Unsub¬
underwritten by Union Securities

Smith,

(par

Offered

(par $1). Purpose, refunding. Price, $13.75 per share.

Offered

purposes.

Corp.;

stock

common

stockholders.

to

share.

by common

Boston

sh/are

per

by Blair F. Claybaugt/& Co.
Otis, and unsubscribe^ shares

40,000 U.
cumulative

Purpose,

jshares of

Purpose, to repay Wank loan and for working capi¬

Price,

& Co.

Clarke. Dodge & Co.; Bateman,
Boettcher and Co., and Johnston, Lemon

per

v

;

T

•.

■

$340,000

Co.

shares

200,000

Purpose,

for

of

common

exploration

stock

MISCELLANEOUS

(par

Mountain

Gold

Mining

Co.

shares

Co.;

of

company

to stockholders.

The

Mejia;

Marshall

Securities Co.

stock (par 25 cents).
Purpose, for exploration
work, to pay accounts receivable, etc.
Price, 50 cents per
Offered by

son

of

Co.;

Purpose, refunding.

.

stock
per

(par

share.

employees.

Engineering

$1).

Purpose,

Issued

upon

MANUFACTURING

Corp.,
for

1,550

working

exercise

of

shares
capital.

stock

A.

McDowell

of

common

Price,

$5

options

to

&

Co.;

First

common

stock; (par

Price, $62.25 per share. Under¬
Kidder, Peabody & Co.; The First Boston Corp.;
Goldman, Sachs & Co.; Stone Si Webster Securities Corp.;
Blyth Si Co., Inc.; Eastman, Dillon & Co.; Harriman Ripley
& Co., Inc.; Merrill Lynch, Pierce, Fenner & Beane; Smith,
written by

OTHER INDUSTRIAL AND

George

Chicago; Kirstein & Co., and W. C. Gib¬

& Co.

591,500 Commercial Credit Co. 9,502 shares of

$3,924,150

$7,750 Consolidated

shares of class A con¬

repay

capital
share.

164,560

common
stock, first series (par $1).
Purpose, to
bank loans and for working capital.
Price, $5 per
share.
Offered by Sills, Fairman & Harris, Inc.; Straus
Si Blosser; Taussig, Day & Co., Inc.; Edgerton Wykoff Sf

and

100,000

Acceptance Corp.

vertible

$10).

common

construction

&

(par

ETC.

of 4'/2%

corporate

Co.

shares of
bank loans

500,000
repay

cents).

50,000 Treasure

George D. B. Bonbright & Co.;
Erickson Perkins & Co.; Sage,

Fenner &

Merrill

&

Grande

Pacific

development.
Price, at market (about 12J/2 cents per share). Offered by
Cromer Brokerage Co.

par

Pierce,

Co.;

Bioren

Co.;

Co.

20

repay

at

Underwritten by: The First Boston

Wertheim &

Rutty &

(5,738)

COPPER,

shares

Brown Si Sons;

Eichler &
Si

4.10%

Corp.; Lehman Brothers;
Little

stock

other

First

The

Alex.

Co.;

Purpose, for working capital. Price,
company for subscription by public

Electric

&

Co.;

&

White

Co.;

Radio

$822,800 Colonial

stock,

loans

76,983

subscription

25,000 Plumbic Mines

3,000,000 Rochester

Hawley,

&

White, Weld & Co.; W. C. Langley & Co.; F. S. Moseley Si

(par $100).

at

Co.

preferred

costs

Corp.;

COAL,

STEEL,

Sound

scribed

Co.

Emerson
&

"as a speculation"

IRON,

Offered

& Co.; J. C.
Kalman & Company,

Graham,

Noyes,

M. Loeb,

Oversubscribed.

$3,849,150 Howe

Prescott,

Johnson

Co.;

Price,

pany,

preferred

$4

Rhoades & Co.; F. S. Mose¬
ley & Co.; Stroud & Co., Inc.; G. H. Walker Si Co.; Stern
Brothers Si Co.; Bache & Co.; Folger, Nolan, Inc.; Dallas

cumulative

L.
&

inventions,

&1 Co.; Merrill Lynch,

Parsons Si

Co.

H.

Inc.; Sills,
J.

Wood, Struthers Si Co.

Purpose, to repay bank loans and for new
Price, at $100 per share and accrued divi¬

Underwritten

Peabody

Wibbing
Inc.;

Blackstock &

ion.

(no par).

dends.

H.

Blosser;

Mason,

Langley

C.

M.

Illinois Co.; Kebbon, McCormick
& Co.; Pacific Northwest Co.;

Cook

Pierce &

Si Co.;

Trust

The

Inc.;

construction.

and

Union

Newhard,

Rauscher,
7,000,000 Texas

H.

cumulative

Union

Marks & Co.;
Pressprich & Co.;
Schoellkopf, Hutton

Laurence

Trask

Bacon,

Inc.;

Dallas

Nolan,

Co.;

R.

1,600,000 Hytron

& Co.
Estabrook & Co.; Harris,

Hornblower

Spencer

Co.;

Simmons;

Folger,

O.

&

&

par).

Co.;

vertible
5%

Inc.;

Straus

Horner

Bros.,' Inc.;
Carlson & Co.; Mid South Securities Co.; Odess, Martin
& Herzberg Inc.; Wm. N. Pope Inc.;
Reed, Lear & Co.;
McDonald, Evans Si Co.; Kerwin, Fotheringham & Co., Inc.;
M. H. Bishop & Co. and Friedman, Brokaw Sc Co. r

preferred

$4

Co.;

McDowell

Paine, Webber, Jackson Si Curtis; R. W.

American

the

Co.;

Si

110,000 shares of

Co.

Equitable Securities Corp.;

Inc.;

additional shares).

Co.,

Harris,

&

Sutro

Yarnall Si Co.

Co., and
Service

Electric

ment

100,000

Co., 10,000 shares of common stock (par
increase working capital.
Price, $28.75
for subscription by employees, with¬

to

&

Scott,

Co.;

for

subscription by stockholders
(other
than
Telephone & Telegraph Co., parent, who had

Purpose,

Co.; Frank Knowlton Si Co.; Clayton
Corp.; Crowell, Weedon & Co.; Davies & Mejia;
Russ Si
Co., Inc.;
Cruttenden & Co.; Johnson, Lane <&
Space; Wilson. Johnson & Higgins; Edgerton, Wykoff &

Co.;

St

capital

Securities

Mitchum, Tully St Co.;
Wells

of

plant, purchase
by company to

Offered

share.
Offered
underwriting.

cock,

&

Masten & Co.; Merrill Lynch, Pierce,
Merrill, Turben & Co.; The Milwaukee

construct

par.

Mann
&
Gould;
Company of California; Hickey & Co., Inc.; Stirl¬
ing, Morris & Eousman; The First Cleveland Corp.; Mason

(par $100).

preferred stock

to

at

Pacific

Co.

Gas Transmission

&

&

for

Products

Inc.;

share.

per

Co.; Stone Si Webster Securities Corp.;
Securities Corp.; White, Weld & Co,; A. G. Becker

Yarnall & Co.
Pacific Telephone & Telegraph Co., 85,786 shares of com¬
stock (par $100).
Purpose, to repay bank loans and
new construction.
Price, at par. Offered by company

Price,

expansion.

Earney &

and

mon

of

Price,

Fairman

y.

The Moody Investment Co.

by

Dean Witter

shaves

Nevada.

out

and

Purpose, for new construction.
Price, at
$100 per share plus accrued dividends.
Underwritten by
Kidder, Peabody Si Co.; Merrill Lynch, Pierce, Fenner Si
Beane; Eastman, Dillon & Co.; Goldman, Sachs & Co.;
Harriman
Ripley & Co., Inc.;
Lehman Brothers; Smith,

Weeden

Co.;

Weld

and

Co.,

Gas Co., Inc. 300 shares of 5% cumu¬
stock (par $100). Purpose, for construc¬
Price, at par. Offered by company and its
affiliate, Suburban Gas Service Co., Inc.

stock

Si Co.;
C. N, White and Co.;
Co.; Whiting, Weeks & Stubbs; Wilson,
Johnson Si Higgins; Dean Witter & Co.; Woodard-Elwood
Si Co.; Wood, Struthers &
Co.; Wulff Hansen & Co., and

White,

&

150,000

1,600,000 Hytron Radio & Electronics Corp., 400,000 shares of com¬
mon
stock
(par $1).
Purpose, for expansion.
Price, $4
per shaie.
Offered by; Barrett Herrick & Co., Inc.; Sills,

preferred

Dean

Shaughnessy & Co.;
Shields Si Company; Shuman,

Corp.;

Stroud

Co.;

&

Russ

Corp.,

Purpose,

etc.

per

& Co.;

Tully &
Company; Stroud

Products

$1).

(par

$10).
•v

program.

II,000,000 Texas

C.

Youngberg; J. S.
Inc.; Sutro & Co.;
Henry F. Swift & Co.; Swiss American Corp.; Spencer
Trask & Co.; Tucker &
Company; Tucker, Anthony Si Co.;
Union Securities Corp.; Wagenseller & Durst, Inc.; G. H.
Walker & Co.;
Walston, Hoffman Si Goodwin; Watling,
&

Langley

Morgan Stanley & Co.; Mul¬
Maynard H. Murch & Co.; W. H.
Newbold's Son &
Co.; The Ohio Co.; Pacific Northwest
Company;
Paine,
Webber, Jackson Si
Curtis;
Prescott,
Hawley, Shepard Si Co., Inc.; Reynolds & Co.; Riter & Co.;
Rowles, Winston & Co.; Schmidt, Poole Si Co.; Schoellkopf,
Hutton & Pomeroy, Inc.; Scott & Stringfellow; Shields Si
Co.; Smith. Barney Si Co.; Starkweather Si Co.; Spencer
Trask & Co.; Tucker, Anthony & Co.; Underwood, Neuhaus & Co.; Union Securities Corp.; Vietor, Common, Dann
& Co.; G. H. Walker Si Co.;
Whiting, Weeks & Stubbs;

Co.;

Webster

Co.;

C.

Mitchum,

Co.;

Steel

Gerber

Syracuse Suburban

laney,

Starkweather & Co.; Stein Bros. & Boyce;
Stephenson, Leydecker & Co.; Stern Brothers & Co.; Stern,
Frank & Meyer;
Stewart, Scanlon&Co.; Stix & Co.; Stone
Strauss

&

Prescott,

for

and

Hagan,

Hammill & Co.;
Agnew & Co.; Singer, Deane & Scribner; Smith, Barney Si
Co.; Smith, Moore Si Co.; F. S. Smithers & Co.; William

R.

loans

Co.;

Jaffray & Hopwood; Prescott, Hawley,
Shepard & Co., Inc.; R. W. Pressprich & Co.; Putnam &
Co.; Raggio Reed & Co.; Rauscher, Pierce & Co., Inc.;
Daniel Reeves & Co.; Reinholdt & Gardner; Reynolds &
Co.; Richey, Baikie Si Alcantara; Riter & Co.; The Robin¬
son-Humphrey Co.; L. F. Rothschild & Co.; Salomon Bros.
Si
Hutzler;
Schwabacher & Co.;
Scott & Stringfellow;
Scranton

preferred

Fenner

Piper.

Chas. ,W.

Co.; Singer, Deane & Scribner; William
Stein Bros. & Boyce; Stern Brothers & Co.;
Inc.; Sutro & Co.; Union Securities Corp.;

Co.,

resident

287,500

Hornblower & Weeks; Kidder, Peabody & Co.; Kuhn,
& Co.; W. C. Langley & Co.; Lee Higginson Corp.;
Lehman
Brothers;
Laurence
M.''Marks St Co.;
Mason-

&

Co.; F. S. Moseley
& Co.;
Mullaney, Wells & Co.; Maynard H. Murch & Co.;
Newhard, Cook & Co.; J. C. Newsome & Co.; The Ohio
Company; Pacific Coast Securities Co.; Pacific Co. of Cali¬
fornia; Pacific Northwest Co.; Paine, Webber, Jackson &
Curtis;
Peters, Writer & Christensen,
Inc.;
Pfluger &

&

machinery,

Water Co. 2,000 shares of 4 >/4% cumu¬
stock, series E (par $100).
Purpose, to

City

Maynard H. Murch &
Pacific Northwest Co.; Peters,
Rauscher, Pierce & Co. Inc.;

Si

Staats Co.;

stock

Loeb

Company; Merrill Lynch, Pierce, Fenner & Beane; Merrill,
Turben

of

Gardner.

Hall

Lawson,

Inc.;

shares

Co.;

Levy Si
Williams; Lazard Freres & Co.; H. Irving Lee & Co.; Lee
Higginson Corp.; John C. Legg & Co.; Lehman Brothers;
William Leib & Co.; Lester & Co.; Carl M. Loeb, Rhoades
Si Co.; Irving Lundborg &
Co.; Laurence M. Marks & Co.;
Mason Brothers; Mason-Hagan, Inc.; A. E. Masten & Co.;
J.

16,500

100,000 shares of 4.60%
Purpose, to finance
expansion program.
Price, $105 per share.- Underwritten
by Stone & Webster Securities Corp.; White, Weld ct Co.;
Bacon, Whipple & Co.; Ilyth & Co., Inc.; Bosworth, Sulli¬
van & Co.,'Inc.; Central Republic Co.
(Inc.); Clark, Dodge
Co.; E. W. Clark & Co.; C. C. Codings and Co., Inc.;
DeHaven & Townsend, Crouter & Bodine; Dillon, iieacl Si
Co. Inc.; Dittmar & Co.; Equitable Securities Corp.; Esta¬
brook & Co.; The First Boston Corp.; First Southwest Co.;
Glore, Forgan & Co.; Goldman, Sachs Si Co.; Hallowell,
Sulzberger Si Co.; Harriman Ripley & Co., Inc.; Harris,

Johnson, Lane, Space and Co., Inc.; John¬
Co!; Jones, Cosgrove & Co.; Robert C.
T. H. Jones & Co.; Kaiser & Co.; Kalman

Meeds;

&

Springfield

cumulative

Kebbon, McCormirk & Co.; Kerr & Bell; A. M,
Kidder & Co.; Kidder, Peabody & Co.; Kirkpatrick-Pettis
Co.; Frank Knowlton & Co.; Kuhn, Loeb & Co.; Laird,
&

Pancoast;

10,000,000 Tennessee

& Co., Inc.;

Bissell

Co.

(Inc.); Cruttenden & Co.; Walston,
Blunt Ellis &
Simmons; Dewar,

Goodwin;

&

lative

&

Co.;

&

Lynch;

Wellington & Co.; Whiting, Weeks & Stubbs;
Si Co. and Zuckerman, Smith & Co.

per

Byllesby and Co.

&

Inc.;

Si

M.

tion

Howard. Labouisse, Friearichs & Co.; E. F. Hutton Si Com¬
pany; W. E. Hutton Si Co.; The Illinois Company; William

Co.;

Leonard

Christensen,

Bros.; Courts & Co.;
Inc.; Baker, Simonds

$12.75

Offered

(Inc.); Hayden, Miller & Co.; Hayden, Stone &
Noyes,
Graham.
Parsons
&
Co.:
Henry

Lemon

stock

repay

& Co.; Hill Richards & Co.; J. J. B, Hilliard &
Son; J. A. Hogle & Co.; Holmes & Sandman; Holt & Col¬
lins; Hooker Si Fay; Hope Si Co.; Hornblower & Weeks;

James

Jones

Bradford

lative

Hemphill,

ston,

Moore,
Si

Stroud

States Telephone Co. 65.000 shares of com¬
(par $1).
Purpose,
to finance construction.

Reinholdt

200,000

Herrman

D.

Turben

Robertson

Hannaford
&
Talbot;
Harbison &
Henderson; Wm.
P.
Harper & Son & Co.; Harriman Ripley & Co., Inc.: Harris.
Hall & Co.

C.

Newhard, Cook Si Co.;

Schwabacher
R.

,

Hoffman

Corp.;

Corp.; First Southwest Co.; Foster &
H. Friedman;
Glore, Forgan & Co.;
Goldman, Sachs & Co.; Granbery, Marache & Co.; Wesley
Hall & Co.; Hallgarten & Co.; Hallowell,
Sulzberger & Co.;

Co.;

Co.;

Robert

Writer

stock¬

Murch & Co.; Edward D.

Maynard H.

&

& Co.;
Doolittle
&
Co.*
First of Michigan Corp.; Hayden

Noyes,

and Hincks Bros. & Co.

McCourtney-Breckenridge

Inc.;

Dittmar

Hemphill,

H.

Chapman

Maxfield

Co.;

&
1

(1,605 shares)

Telephone

Beissner

Moroney,

Inc.;

duPont & Co.;

Co.;

Clark, Dodge & Co.;
& Co.;
Crowell, Weedon Ac
Davis, Skaggs & Co.; R. 8.

Co.;

J. B. Hilliard & Son;

Si

Rausche,

Merrill,

Co.;

Co.,

Sherrerd;

Courts
Si

share. Underwritten by Central Republic
Co.
(The); Kidder, Peabody & Co.; A. C. Allyn and Co.,
Inc.; Schneider, Fernet & Hickman; G. H. Walker & Co.;

Richards & Co.; The First Bos¬

Michigan

Marshall;

for subscription by

Si

&

&

Inc.;

Dahlberg

Graham, Parsons & Co.*
Hirsch & Co.; Johnston, Lemon
Si Co.; T.
H. Jones and Co.;
Kalman Si Co., Inc.; Kirkpatrick-Pettis Co.; Loewi &
Co.;
Irving Lundborg & Co.; Mason-Hagan, Inc.; McDonald

J.

v

Denault

Co.,

Farwell,

shares

Hornblower & Weeks; W.

Inc.;

Co.,

mon

Co.;

Merle-Smith: R.~ S.
Co., Inc.; Dominick

&

.

Jackson & Curtis; Stone & Webster
Pierce & Co., Inc.; A. C. Allyn

Webber,
Corp,;

&

Price,

Drexel Si Co.; Francis I. duPont & Co.; East¬
Si Co.; El worthy & Co.; Equitable Securities

D'llon

Corp.;

Bodine;

&

Co., Inc.;

Si Dominick;

man,

&

Dewar

Stone

Butcher

Burr,

Francis I.

of

from

Inc.;
&

Henry

Dickson

823,750 - Southwestern

&

Dicksen

shares

400,000

& Co.

Go.; Courts & Co.; Crowell, Weedon & Co.;
Curtiss, House & Co.; J. M. Dain & Co.; Davies & Mejia;
Davis, Skaggs & Co.; R. L. Day & Co.; DeHaven & Town-

&

Co.,

to repay advances

Co.,

Coffin

preferred

Milwaukee Co.;

Co.;

Inc.;

&

Co.,

Jones

(Inc.); Quincy Cass
Chace, Whiteside,
& Co.; E. W. Clark

Dodge

Corp.;

Collins

Paine,

The

(Inc.);

Co.

Clarke

W.

Julien

Co.;

Cooley

Byl'.esby and Co.

Central

to

by company

Associated

cumulative

Securities

son;

&

Si

Co.;

v

Co., and to finance ex¬
stockholders and $32 per share

stock (no par).
Purpose, to
repay loans owing General Telephone Co., parent, in con¬
nection
with
acquisition of Two States Telephone Co.
Price, $101 per '•hare and accrued dividends. Underwritten

Co., Inc.; A. C. Allyn & Co., Inc.; American Securities
Co.; Bache & Co.; Bacon, Whipple & Co.; Bailey & David¬

Associates:

Purpose,

at par

Offered

Unsubscribed

Southwestern
$5.50

Si

cumb

of

150,000 General

common

Robert W. Baird & Co., Inc.; Baker, Watts & Co.;
Baker, Weeks & Harden; Ball, Burge & Kraus; J. Barth &
Co.; Bateman, Eichler-& Co.; Bear, Stearns & Co.; A. G.
Becker & Co., Inc.; Bingham, Walter & Hurry; Blair, Rol¬
lins & Co., Inc.; William Blair & Co.; Blunt Ellis & Sim¬
mons; Boettcher and Co.; Bosworth, Sullivan & Co., Inc.;
J. C. Bradford & Co.; Alex, Brown & Sons; Brush, Slo-

Co.

& Telegraph

liams; Smith, Ramsay & Co.;

I,666,500

Gas

Lynch,

Mitchum,

Pacific

purchased at
$32 per share and reoffering May 3 at market Chas. W.
Scranton & Co.;
Putnam & Co.; Day, Stoddard & Wil¬

purchase 55,-

to

Telephone

(par $25).

Price,

holders.

Purpose, for construction program. Price,
$41 per share.
Offered by company for subscription by
stockholders.
(Total offered were 97,900 shares, of which
was

Co.;

Oversubscribed.

Co.

10,000,000 Southern

(par $20).

Standard Gas & Electric Co.

and

& Goodwin; Weeden & Co.; C. N. White & Co.;
Whiting, Weeks & Stubbs; Dean Witter & Co. and Wulff,

to others.

of

(Allen B.) Laboratories, Inc., 250,000 shares oI
A common stock
(par 10c).
Purpose, for expansion
working capital.
Price, $25 per share.
Underwritten
by: Kuhn, Loeb Si Co.; Van Alstyne Noel Corp.; Bache &
Co.; Bateman, Eichler & Co.; Bear, Stearns & Co.;
Blair,
Rollins & Co. Inc.; Blyth & Co., Inc.;
Bosworth, Sullivan
class

Hoffman

\l

capital stock

Gas

*

*

Northwest

American Telephone

tional

Merrill

Inc., 1,000 shares of preferred stock
Purpose, for expansion. Price, at par Place«t

>

6,250,000 Du Mont

Co.; Stephenson, Leydecker & Co.; Stern, Frank & Meyer;
Stone & Webster Securities Corp.; Sutro
& Co.; Henry
F,
Swift &
Co,;
Wagenseller & Durst,
Inc.;
Walston,

by stockholders other than parent, American
Telegraph Co., who subscribed for an addi¬
150,133 shares.

stock

Inc.;

Co.

&

Fabrics,

(par $100).

privately.

Co.;

subscription

1,758,736 Oklahoma

*100,000 Dorchester

H.

Co.; Raegio, Reed & Co.;
Shearson, Hammill & Co.; Shuman,
Smith, Barney & Co.; William R. Staats

&

Telephone &

8,578,600

Maxfield

Fenner & Beane; Revel Miller &
Co.; Pacific Coast Securities Co.;

Schwabacher

3,378,500 Mountain States Telephone & Telegraph Co. 33.785 shares
of capital stock (par $100).
Purpose, to repay temporary
from

&

California;

subscription by stockholders. Unsubscribed shares
underwritten by Union Securities Corp.; Kuhn,
Loeb & Co.; Stone & Webster Securities Corp.; A. C. Allyn
and Co., Inc.; Equitable Securities Corp.; White, Weld &
Co., and Carl M. Loeb, Rhoades & Co. There was no public
offering.
•••-■'
•-

for

Co.;

Brothers;

Pierce,
Tully

(11,086)

and

California

Knowlton & Co.,; Lester & Co.; Irving Lundborg & Co.;

f

River

pany for

loans

duPont

& Co.;
Friedman; Wesley Hall
& Co.; Harriman Ripley & Co., Inc.; Hill Richards & Co.;
J. A.
Hogle & Co.; Hope & Co.; E. F. Hutton & Co.;
William
D.
James
Co.; Jones,
Cosgrove
& Co.;
Frank

$10).

(par

Skaggs & Co.; Dewar & Co.; Francis I.
Cc.;> Elworthy & Co.; Fairman & Co.; Fewell

First

Fuel Corp. 245,708 shares of common
Purpose, to repay bank loans and for
construction.
Price, $34 per share.
Offered by com¬

8,354,072 Mississippi
stock

Davis,
&

v:

accrued

and

102

>7

(2299)

•Represents issues placed privately.
JIndicates issues sold competitively.

1,196,250 National Motor Bearing Co., 87,000 shares of capital

Barney Ar Co.; Union Securities Corp.; White, Weld & Co.;
Garrett & Sons; A. G. Becker & Co., Inc.; Bear,

Robert

Stearns

&

& Hutzler; Alex. Brown &
& Co.; Hornblower As Weeks; W. E.
Higginson Corp.; John C. Legg As Co.;

Co.; Salomon Bros.

1

•

Hutton

&

Co.; Lee

Mejia;

Webber, Jackson & Curtis; Shields As Co.; Spencer
Trask & Co.; Clark, Dodge & Co.; W. C. Langley As Co.;

,

<

:

•

i

]

'•
•

'

;

<

by Blyth

4

'

!

V

ill

stock

Reynolds &

ferred

stock,

pansion
and

Co.

225,000

to

Ellis &

100,000 Trad

Offered

by
Co.

Piescott-Wright-Snider

K.

George

$2,66

As

Baum

at

Offered

par/

Trust

of

Co.

Cliffs

Neb.

Coal

Corp.,

Not

(no par).

auction to Book

Cook & Co.

stock

(no

par).

by

I

Oversubscribed.

Manufacturing

Co.,

Price,

$2).

(par

177,991

$6

shares

common

Offered

share.

per

of

by

F.

Eberstadt As Co., Inc. and Watling, Lerchen & Co. Over*
subscribed.

325,000 Hoffman

Co.

Paul

and

H.

A Co.

Davis

,

»

,

Mason, Inc.;

Mann At Gould; Pacific Company of Cali¬
Hickey & Co., Inc.;. Stirling, Morris At Bousman;
Cleveland Corp.; Mason Bros.; Courts As Co.;
Prescott, Hawley, Shepsrd & Co., Inc.; Bake*. Simon ds

'

Co.;

Bioren

&

Co.;

Grande

As

Co.;

Hanrahan

Co.,

Inc.;

As

Investment News

—V.

Chicago

office

its

to

request

upon

111.

5,

Bullock Fund, Ltd.—Net Assets

As

R. H. Johnson
Blackstock & Co.;

Hancock,

ry.

Net

Net

from

i

Co.; Elder & Co.; George A. McDowell Ac Co.; A. K. Vogel

Net

ry.

Wiley Bros., Inc.;

Odess,

Reed,

Carlson As Co.;

Martin

Lear

Ac

Ac

Co.;

Herzberg

.par).

,

.

Inc.;

M.

Evans

Price, $58 per share.

■Yj
•

(no

subscripiion

.r-\

.

par).

stock

common

50,578

1,590,334
449,413

1,294,987
300,146

*2,320

railway
railway

190,362

78,839

v

income

oper.

171;

1,904,003 shares of

Price, $12 per

shares

'ft-

share.

(16,019)

sold

com-

Offered

light

'

(par $5).

for

Ac Rys.

to

1,187,539
181,643
*73,426

1949

$376,560

$764,767
291,300

142,700

shares

Earnings

per

—V.

$233,860

—

all

170, p. 299.'

■

California

Electric

'

Co.,

10,000

shares

Frice, $47.25 per share.

of

stock

common

Offered by Dean Wit--;

-J-

ter Ac

489,250 Kern

r

ter

Completed.

$5).

(par

;

Co.

County Land

&

Prire,

Co.

Co., 10,300

$47.50

per

shares

share.

of

common

Offered

stock

378,680
$1.25

«

by Dean Wit¬

Completed.

written

from

Bankers Trust

(EDT)

a.m.

be

3

v

stock

■

t

Co.

of

$20).

(par

Virginia,

32,056

June

$53.75

share.

per

Offered

^Prtce

$47,25

perj share.

Offered

(par

Dominick

by

struction

and

Offering—-Wil-j

Co.—Stock

Ac

Dominick and Wm. Blair Ac Co.

sell

due

>,

69,000 .Messenger Corp., 6.000 shares

Price, $11.50

%

:

per

^^.irVj'-^pf.^Iineoln, Heb.
■,-4
f;

342,125 Mining

-4
$

-v

i.

'

'"'Stock

-

•

\

(no

par).

Ac

Price,

Co.

stock

common

(par $1).

Offered by The First Tksst Co.
-

_

Ltd.,

$10.62%

share.

per

Offered

Oversubscribed.

)

1

by

176,250 Mississippi Rjver Fuel Corp., 5,000 shares of

r
•.•'

••

v.'lr ;*

^
••v

'

-

t.

(par $10).
Co., Jnc.

Price, $35.25
Completed.

175,625 Mississippi
-

*-

^

••vv-<4
-4
-"4
-

,6tpck

'
-v

Fuel

$10)-

Price.

138,000 Montana-Wyoming

!'

common

•#

stock

3%%
Cum.

.

i

Corp.,

5,000

$35.12%

Gas

(par

Pipe

$5).

,

Line

Price,

shares

of

share.

per
.

common

Offered

Co.,

$17.25

8,000
per

shares
share.

$1).

Price,

approximately

.

5% %

per

common

share.

GIVING

stoek

(par

Offered

by

company
stock and

with

respect

♦To

conv.

stock

bear

($1

-__u_.il-;

Net

to

the

maturities

the

America
of

Federal

preference

>

this

contract,

remaining

if

within

-

Kiser,

Cohn

& Shumaker, Inc.




years.'

"!•■■■:

as

shares

70,404

thereof;

with

further

the

the

.

company is informed that
have
agreed,
subject to

to

that

sell

the

to

Canadian

certain

directors

and

shareholders'

the

Fairbanks-Morse

other

approval

and

share¬

of

the

Fairbanks-Morse

two

companies last mentioned have purchased from said
shareholders 30,000 shares of the company's stock at $30

166, p. 1047.

1950

1949

1948

1947'

$180,000

$161,000

$180,000

$160,400

*61,629
121,563

*83,821
*135,650

*59,152
*123,496

*82,290

734,000

708.000

792.000

712,400

*179,264

*304,063

*189,138

*420,340

from

from

Net

frcm

Net

ry.

* 520,642

* 440,349

*126,363
*346,038

.

.

railway__

oper.

Income

•Deficit.—V.

i

171,

*139,127

I

„

1883.

p,

Canadian Pacific ,Ry.—April
Per. End. Apr. 30—
Gross

earnings

:

™__

Earnings—

1950—Month—1949
$29,782,941 $30,136,788

1950—4 Mos.—1949
$112,960,508 $115,695,086

27,843,187

28,832,033

109,657,712

114,071,681

$1,939,754

expenses

Net earnings 1
—V. 171, p. 1883.-

V

5,500^)00)'

t

$1,304,755

$3,302,796

\

*1,623,405

.

•

t

None

29,709'

-

CaroiinaPower&LightCo.—Earnings-—

500,000 shs.

Period End. Apr. 30—

104,963 shs.

Operating

60,000 shs.

—

revenues

Oper. exps.

500,000 shs.
%

value).

not

2,500,000 shs.

later than June 30,
Trust

Ac

Savings

•

4

173,205 shs.

$1,700,000

Commission.
common

are

1951; to be payable to

JNot

stock

subject

adjusted

after-March

to
:

for

31,

Borrowings

the approval

and

1950—Month—1949

V

' 1950—12 Mos.—1949

$2,359,253 $30,619,680 $27,389,089

$2,632,653

3

__™

taxes

1,989,343

" V $643,310

$628,214

23,460,395

1,731,039

of

1950.

ilncludes

revenues.™

income

Gross

(net-

income-^—

-

i

8,121

11,162

" $654,472

i\ '■ ):*■

,

21,309,851

$7,159,285

$6,079,238
127,277

144,647

$636,335

$7,303,932

$451,785

$5,101,823

$6,206,515

'

Net inc. after int. and

other

of

conversions

Net oper.

Other

It1,643,181 shs.

Association.

10,200 shares owned by a wholly owned subsidiary.

'-I"-:

agreed

such

exercised

deductions™

;

:
.

Dividends applic. to pfd_ stock
!

1

■

..

$481,654

.

for the period__

*—V.

V:

171, p. 1883.

1

■

$4,208,824

"

•

867,940

780,440

$4,233,883

Balance

■

i

has

company

169,227 shs.

approximately
Power

oT

Co.,

Outstandihg

2,000,000
99,417

value)

National

stock into

the

that

•

r.

of

excess

the

Prom Jan. 1:—
from railway—.™

'

-Bank

from

Gross

$16,(00,000

10,000,000

stock
par

Ac

'

railway
railway
Net ry.'oper, income™.

>

FINANCING

NEW

stock

pref.

Morse

Canadian National Lines" in New England—Earnings-

estimates that the net •
new bonds, together i

TO

EFFECT

contract—

pref.

conv.

Fairbanks,

part

shares.—V.

the

Authorized
$16,000,000

par

with

made

of

pfd. stock_^_>._
cum.
pfd. stock

Common

in

$21

new

funds

notes

($50

been

Upon the approval of the contract, Canadian Fairbanks-Morse and
will
accordingly own 30,000 shares, and Canadian
Fairbanks-Morse will have the option to purchase an additional 90,404

the estimated eon- in¬
subsidiary,
Interstate |
the company intends f
first mortgage bonds >

cum.

5.60%

of

Of-:

stk.

has

Fairbanks-Morse

part

its

obtained

Preference stock ($20 par value)

by

--'Y

/.v.-

10,500 National Homes Corp., 500 shares of

MY,

instalment

pfd,

$3

,

fered by Blyth & Co., Inc.

•

promissory

$2.50

River

sale of the

•3Vo -series due' 1978-i-™
.*2%

I

The

bonds.

new

Internal

been

•

stock

common

*

has

First mortgage bonds:
3% aeries due 1976

Offered by Blyth Ac

share.

,4

Blyth & Co., Inc. Completed.

t,_
■

,par

per

,

the

V

and exclusive option for five years to purchase
of the 90,404 shares of the capital stock of this
authorized
but
unissued
for
the
price,
payable
in
funds, of $27 per share for 20,000 shares thereof, and $30

working'

,

■

-.4

of

estimated

CAPITALIZATION
common

and

180,000 shares

$4,500,000, consisting of cash on
hand, depreciation accruals and undistributed earnings, will be suffiqient to finance the 1950-51 construction program,

:

32,200 shares of

in

finance

to

company

commitment

proceeds from the

of

*

Corp.. «f. Canada,

Reynolds

-

-

share.
;

No

purchase
with

used

the

of

-

%K

April—

proceeds from the sale of the

be

1950 and 1951.
On June 7,
competitive bidding $2,000,000 of its

at

1883.

now

directors and

mortgage

Co., for

1980.

171, p.

per share.

7.

net

will

program

Telegraph
to

7236,250 -McGiaw Electric Co.,'5,000 shares of capital stock
-

by

Lehman Brothers. Oversubscribed.

stock

common

150,638

.

by the company for the pur¬
bonds due 1980 at the i16 Wall Street, New York 15, N. Y., up to 10:30 i

PROCEEDS!—The

capital

of

shares

of

Price,

Scott & String ellow and

-4

•

Insurance

'179

59,864

shall, have

Gross

1,723,010 Life

*179,532

received

first

$2,000,000

Co.;

on

will

bids

of

it

52,092

248,059

share for

The

and Walston, v
the group of \
underwriters who publicly offered 180,000 shares of com- •
mon stock (par $1) at $8.62% per share.
Sealed

5,439
537,904

121,944

any

holders

liam R. Staats Co., Pacific Co. of California
Hoffman & Goodwin on May 23 headed

chase

*28,850
408,151

The agreement is for a term of 10 years with the option to each
party if not in default for an additional five years thereafter con¬
tinuing in force until terminated by either party on six months*
■notice...
'

X<-

Power

66,351
548,729

five-year period Canadian Fairbanksoption with respect to and shall have
taken up hot less than 30,000 of the
optioned shares, the option shall
as to the
remaining 60,404 shares be extended for a further period ol

$473,467 i

$0.62

——

71,182

368,615

fs.;;'
*104,056

-

contract,

ordinary

through

or

Morse

r

378,680

outstanding...
share™—

common

1947

income

company

provision
1950

profit

*23,436

1948

irrevocably the sole

five
Net

$112,981

*78,477

pay to Canadian Fairbanks-Morse a fee on all Diesel loco¬
motives, separate Diesel engines and Diesel engine parts sold by this
company, while the agreement remains in force, or manufactured by
it and sold during the term of the agreement.
(b) This company gives Canadian Fairbanks-Morse and its assigns

.

—

$72,153

24,573

■'!*:

company

income taxes.

$148,036

income

arrangement

this

per

before

1949

$137,583

(a) Tq

Co.

'

■

$475,314

railway™

follows;

$321,166
*18,642
*89,774

(no

brokerage channels.
472,500 Kern .County Land

305,476

$545,295

banks-Morse products.
This arrangement was reduced into a contract
between this company
and The Canadian Fairbanks-Morse Co. Ltd.,
dated May 11, 1950. ,
In payment for the rights so purchased and other benefits to accrue

-

■

483,448
$674,767
199,452

Chicago, 111., and its Canadian affiliate, The Canadian FairbanksMorse Co.,
Ltd., for the manufacture by Canadian Locomotive Co.
Ltd. for the Canadian market and for markets within the sterling
area, of Diesel-powered locomotives, Diesel engines and other Fair¬

1882,

p.

Quarter Ended March 31—

Offered by First Boston Corp.

by stockholders of United

Unsubscribed

$1,158,213

562,155

15.512

l——

oper,

Canadian

Bishop & Co.

H.

62,191

4,784
1,409,269
310,328

income™

oper.

Common

stock

20,954

stock

railway™.

■"3

1947

1948

$390,948
124,317

Byron Jackson Co.—Earnings^Profit

I.lfht Co.,

&

$1,137,259

9,685

etc..

railway

♦Deficit.—V.

An

1949

$358,710
77,690

from

♦Deficit.—V.

Co.;

Ac

Completed.'

mon

$1,403,242

1950

from
ry.

Increased—

Provision for Federal income taxes

Co., 5.000 shares of

'22,848,036 Kansas City Power

$5,403,814
4,266,555

;

preferred

Jan.

Net

N.

Wm.

Ine.;

And Friedman,, Brokaw Ac Co.
Salt

1949

4,876,751

railway

from

Net

From Jan. 1—
Gross

Mid South Se¬

McDonald,

Kerwln, Fotherinsrham Ac Co.,

290,000 International

-

railway
railway-^

from

& Co.; Devies & Mejla; Russ & Co., Inc.; Crut& Co.; Johnson, Lane As Space; Wilson, Johnson
Hlggins; Edgerton, Wykoff As Co.; H. L. Emerson &
Co., Inc.; Saunders, Stiver & Co.; Sutro As Co.; White Ac

tendon

M

1950

$6,279,994

Canadian Locomotive Co., Ltd.—Contract—Option—
J. J. Jarrell, Vice-President, on May 11 said in part;

$443,616
124,727

1950

from

Gross

&

Co.;

•

$850,772

oper.

From

Burlington-Rock Island RR.,—Earnings—
April—

Co.;

i

Inc.;

•

1883.

p.

from

Gross

net assets of this Fund on April 30 amounted to $7,934,615,
equal to $20.29 per share on 391,064 outtstanding shares. These com- !
pared with $7,314,567, or $18.82 per share on 388,620 shares, on ,j
Dec. 31, 1949, and $5,803,574, or $15.74 per share on 368,812 shares, >
on
April 30, 1949.—V. 171, p. 946.

Frank Kncwlton As Co.; Clavton Securities Corp.;. Crowell,

curities

:

"■

________—

from

Net ry.

Total

Weedon

Pope

$0.75

Y-'

.'

taxes

amortization,

on

171,

Net

Designed to call attention to the Investment opportunities offered ;
these two recreation businesses, the booklets are large, 60-page <
affairs
depicting graphically the growth of the two pastimes, the
newest and most modernistic palaces erected for the sports, and the
latest equipment
calculated to not only beautify the premises and
attract trade, but to provide better and truer conditions for the player
as well.—V.
171, p. 1666.

*

Ac Co.;

$0.97

$0.18

$0.21

•'

•

Income

Gross

Wabash Ave.,

South

623

at

by

Net

v"

/

Cambria & Indiana RR.—Earnings—

(Continued from page 2)
available

are

^

;

and

Balance

First

As

i

•

revenue

Dividends

Corporation and

fornia;

The

538,764
$1,004,669

$1,412,927

Operating

Over-

160,000 Hytron Radio ,& Electronics Corp., 40,000 shares of com¬
mon .stock
(par $1),
Price. $4 per share.
Offered by
Barrett Herrick At Co.,
Inc.; Sills, Fairman Ac tHahris,.
Inc.; O. H. Wibbing As Co.; J. C. Bradford As Co.; Straus
As Blosser;
Kalman As Company, Inc.; Scott, Horner &

i

646,817
$1,346,948

Total

General

subscribed.

.

I

Corp., 50,000 shares of common stock
Price, $18.50 per share.
Offered by

Radio

(par 66%
cents).
William R. Staats

.

148,847
$242,247

April—

stock (par
8hie)ds At Co.

common

■

*

2194.

p.

Operation expenses and

Net

Oversubscribed.

2,160,000 Clinton Foods, Inc., 60,000 shares of
SI).
Price, $36 per share.
Offered

stock

526,407

$1,543,433

Service

by The First Boston Corp.

,

600,386

$1,993,765

157,557

com. share
shs. outstg.)

per

Interest

Corp., 18,000 shares of
Price, $10.25 per share. Offered

Pnblic

141,144
$391,094

,

California Water Service Co.—Earnings—

flndicates special offering.

shares of common stock (par $8).
(approximately $17 per share). Offered

Vermont

1,067,946 Hastings

150,603
$464,065

Operating income
Non-operating income

by W. D. Gradison & Co.

.

in¬

—

1,001

market

common

116,499

$2,069,840

12 Months Ended April 30—

Offered by BIyth As

Oversubscribed.

Co.,

184,500 Central

143,744

$2,594,151

$306,508

—V. 171,

'

at

other

31,511
$532,238

preference
requirements

(on avge.

<

$44,216,600

356,250 Ashland Oil it Refining Co., 15,000 shares Of common
stock (par $1). Price; $23.75 per share. Offered by A. G.
Becker At Co.-, Inc; completed.
Price,

35,491
$614,668

Representing New Finanefoff

55,200 shares of common
^
per ahare.Offered
by Merrill Lynch, Pierce, Fenner & Beano and Newhard,

17,017 Baldwin

$1,953,341

:

2,477,100 ■ Anchor Hocking Glass Corp.,

!

8,162,491

$2,450,407

Ac

dividend

1

Co., Inc.

8,438,472

$500,727

Income

Preferred

7,100 shares of common stock

Price, $71.50 per share.

par),

2,280,808

subsidiary of Kaiser Steel Co.

a

507,650 Weyerhaeuser Timber Co.,

$2,237,300

:

Net

1950—12 Mos.—1949

$579,177

(net)

and

Subsidiaries)

$2,781,535 $10,888,879 $10,115,832

2,181,730

taxes

deductions

come

•

&

Mexican

1950—3 Mos.—1949

$2,760,907

Balance

Sold

at public

2,700

2,700

income

Interest

shares of capital stock

per

10,800

revenue

income

Gross

Offered by

share.

Co.,

$68

—

Co.

revenues

oper.

Other

All sold.

106,000

Fuel

Price,

(no

Issues

stock

Oversubscribed.

Ac Co., Inc.

10,800
10,800
10,800

—_______________

Co..

expenses

Earned
Utah

6,800,000

Wachob-Bcnder Corp. and The

by

Lincoln,

Prescott,

Net

Price, $39.25 per share.

$20).

(par

Hirriman Ripley

Finance Corp., 3,000 shares of 5%% cumula¬
sinking fund prelcrred stock (par $100).
Purpose,
re
acquire 2,500 shares of company's common stock.

First

stock

mon

tive

Price,

Oper.

shares of com¬

392,500 United States Pipe A Foundry Co., 10,000

10,800

—__—

(Excluding

Operating

stock (par $2). Price,

Offered by Graham & Co.

share.

per

and

14,400
12,600
12,600

CONSOLIDATED INCOME ACCOUNT

All sold.

Offered py Tellier & Co.

13,034 Trion, Inc. 4,900 shares of common

li

Co

Period End. Mar. 31—

Blunt

common

—

*

Hick¬

(Inc.);

(approximately 50 cents

market

at

of

shares

200,000

Corp.,

Company

Co..

Wesley Hall & Co
Garrett-Bromfield Ac

Underwrit¬

Dewar, Robertson & Pancoast;

Price,

cent).

share).

per

cumulative prior pre¬
Purpose, for ex¬
Price, at par

loans.

Speculators, Inc., 150,000 shares of capital stock (no par).
Purpose, for working capital. Price, $1.50 per share. Of¬
fered directly by company to public.

to

Television

&

Boettcher

shares of com¬

& Goodwin;

Hoffman

Walston,

Co.;

Simmons;

1

(par

300,000 Universal

>>

&

California

Kidder, Peabody &

(Inc.);

21,600
16^00

Co

Ac

Crowel], Weedon & Co
Peters, Writer Ac Cbristensen, Inc<
Bosworth, Sullivan Ac Co., Inc

;

Wright, Snider Co. and Reinholdt & Gardner.

$100).

(par

short-term

repay

dividends.

accrued
and

series

1950

and

Hoffman Ac Goodwin.—._________™—___________

Hill Richards &

common

Allyn and Co., Inc.; Schneider, Bernet &

Cruttenden

and 268,476 shares were so issued.

298,000 Harzfeld's, Inc., 2,980 shares of 5%

Offered by

Price, $12.75 per share.

(par $1).

3.60%

of

payment,

of

share.;

G. H. Walker & Co.; H. M. Byllesby and Co..

man;

First

Oversubscribed.

Co.

Central Republic Co.

by:

Co.; A. C.

277,978 shares had been reserved for conver¬
preferred stock which had been called for

Originally

stock

ten

sold.

sion

shares

per

635,307 Southwestern States Telephone Co., 49,828
mon

r

21,600

————

_—

^

Lester

$34.50

Price,

$5).

(par

Co._

A. G- Becker' Ac - Co. Tnc.________j~._~—'

Offered

3,000

Co.,

Manufacturing

Raytheon

103,500

Staats

R.

Witter

Dean

Inc. Completed.

Co.,

&

named

Shares
William

,

preferred

Price, $29 per share.

(par $25).

stock, series A

Polger, Nolan, Inc; Mitcbum, Tully As Co.; R. W. Pressprich & Co.; G. H. Walker As Co.; Dean Witter As Co.;
Baker, Weeks As Harden; Whiting, Weeks As Stubbs; A. M.
Kidder As Co.; Pacific Co. of California; Schoellkopf, Hutton
As
Pomeroy, Inc.; Watling, Lerchen As Co.; Bacon,
Whipple As Co.; Robert W. Baird As Co., Inc.; Bail, Burge
& Kraus;
William Blair As Co.; Blunt Ellis As 8immons;
Julien Collins As Co.; Clement A. Evans As Co., Inc.; Parwell, Chapman As Co.; Granbery, Marache As Co.; Hamlin
As Lunt; J. J. B. Hilliard As Son; Johnson, Lane, Space and
Co., Inc.; Kebbon, McCormick & Co.; Pacific Northwest
Co.; Piper, Jaffray As Hopwood; Schmidt, Poole k Co.;
Schwabacher As Co., and Singer, Deane As Scribner.
All

{

.

Over-

Walston,

Harris, Hall & Co. (Inc.); Hemphill, Noyes, Graham. Parsons
As Co.; Stein
Bros. As Boyce; Blair, Rollins As Co.,
Inc.; R. S. Dickson & Co., Inc.; Dominick As Dominick;

i

'

severally

of shares

underwriters

below:

Pacific Co. of21,600:

Eleetrie C«., 6,000 shares of 5%

150,000 Pacfie Gas &

Allyn and Co., Inc.; Baker, Watts As Co.; Central
Republic Co. (Inc.); Estabrook As Co.; Hallgarten At Co.;
C.

A.
*

Brothers.

'

subscribed.

Paine,

and Mason

Skaggs & Co.

Davis,

have

UNDERWRITERS—The

of new stock set forth

William Blair Ac Co.; Davies Ac '

EI worthy & Co.;

Co., Inc.;

Hayden, Stone

Sons;

,

below

agreed to purchase from the company the respective numbers

stock

Offered by BIyth As

$13.75 per share.

Price,

$1).

(par

$3,428,384

•;

Volume

Number 4913

171

...

The Commercial and Financial Chronicle

Light

from

Gross
Net

from

Net

ry.

railway—„

railway
income—

oper.

From Jan. 1—

from

Gross
Net

from

Net

ry.

$3,036,921

$3,185,285

327,873

444,445

162,177

44.510

171,

1,466,236
311,713

1,317,778

10,812,801

1,606,454

,293,200

443,026

"

1950—Month—1949

827,546

Provision

for

138,750

121,550

Amort, of

plant acquisi¬
33,300

33,300

361.304

312,792

General

taxes

pfd.

on

1,609,399
1,732,400

51,631.060
(1,756,500
$3,640,069

$3,189,616

333.357

271,511

2,939,785

2,892,688

41,800

41,800

501,606

501,606

$229,711

$2,433,179

$2,391,082

stock

share

per

$316,344

—

Balance

Earnings

400,000

*

$291,557

deductions

Dividends

—V.

1,416,200

>

■

400,000

&

int.

after

income

other

1,527,300

,

$379,411

income

Gross

Net

(
taxes—j

income

all

cash

800,000

on

of

the

of

by

the

the

com.

$2.99

$3.05

shares

of

value. "/•

The

program.

SEC

The

tives

and

lien

are

Chicago & North Western Ry.—Earnings—

non-

and

for

series

refunding

cash

April—

and

of

of

and

of

a

Net

made
1950,

had

Moutain

counsel

carefully,

submit

their

the issue and sale for
company's preferred stock,

Gross

In

Net

plan

and

until

that

with

letter

a

with

the

foregoing

the

company

to

stated

Green

that

by

Mountain

1950

has

and

action

Mountain

the

by

Mountain

has

from

from

Net

Net

interested

given

has

June

Net

request

a

from

Net

Net

ry.

company's

would

Mountain

ry.

Commission

opinion

no

glad

"The

the

Central RR. Co. of New

Net ry.

1948

$3,369,245

$3,098,368

331,372

528,508

374,407

♦455,324

*354,609

*221,980

*271,103

railway

income..

oper.

SEC

ry.

"

:

902,057

818,239

1,098,765

11,857,985
971,337

income..

oper.

1,730,355

.

•1,877,785

*2,037,153

*1,615,784

13,506,186

12,497,606

11,555.529

.

railway-

from

Net

171,

p.

Gross

—V.

Net

ry.

,,

'

Net

ry.

—V.

2,808,218

income...

oper.

1883.

171, p.

729,975

!

2,814,335

2,880,408

1

•

$103.25 per share and accrued

dividends (see V. 171,

1883),

,

.

.

FINANCING—It

estimated

is

'

•'

that

expected

is

It

in

that

additional permanent

sales

511,195

68,711

"The

financing will
issue and
are

it

will

borrowings,

fully
Corp.

Power

possible

the

with

connection
more

under

described
Assets."

made

corporate

Net

from
ry.

mtge.

mtge. 3V*%

1,

Feb.

1,

bonds, series C duel

1973
First mtge. 2%%

from

Net

ry.

First

_f

;

bonds, series E due(

—V.

stock

that

amount

par

company

would

it

be

all

Mountain

(no

value)—

ACQUISITION

POSSIBLE

ASSETS—The

of

*
1,076,700 shs.

series-,:

dividend

Common

*

OF

GREEN

POWER

MOUNTAIN

1,642,272

1,553,369

228,401

246,435

342,560

'73,733

90,973

189,737

Capital

♦After all

1950

r
—

1949

.

"

its

balance sheet dated Dec. 31,

and

1950

151,870
457,185

p.

the form of

siderations

now

a

$0.09
171,

ry.

Gross

1950

from

from
ry.

and

accrued

**

interest.

Redemption

1948

.1949

•

action

or

over

any

part of it,

by the company to finance
to be assumed. -►

or

over

1,218,927
701,969

2,843,263
938,192
494,713

12,780,111- 12,696,521
4,463,880
4,057,657
2,278,922
2,265,032

12,908,663
4,533,186
2,597,952

11,205,8813,485,324
1,876,826

'

•

,

:

income

1950

MONTHS

643,715

-

t

of

1,499,327

income

273,332

1,704,391

corporation, on May 25, filed a registration statement with the
125,000 shares of common stock, without par value.
The
stock
is
now
outstanding and is to be offered for public
covering

68,633,571

74,350,789

70,259,832

sale

14,087,925

21,642,445

25,877,338

Dillon,

7,315,078

4,575,204

9,245,813

12,431,443

principal

the Estate of Henry Ittleson, deceased
Lehman Brothers are named as the
offering price is to be related to the
then current market price for the stock on the New York Stock Ex¬
change; and the underwriting terms are to be supplied by amendment.
In addition to the 125,000 shares, an additional 179,947 shares are
held, directly or indirectly, by members of the Ittleson family.
There were 3,580,948 shares of stock outstanding on March 31, 1950.

163,520

544,273

*71,514

243,464

*26,643

railway——

8,819,061

9,895,858

10,340,853

9,035,926

of

railway——
oper. income—

1,803,620

1,390,654

1,838,967

1,111,316

100

735,761

427,493

644,395

105,894

the

by

railway

railway—

from

income—

—V.

and

Inc.

Co.

&

The

underwriters.

947.;

171. p.

;;%>

>

Cities Service Co.—Calls $26,400,000 of Debentures—
The

has called for redemption on July 1, next, $26,400,000
3ft sinking fund debentures due Jan. 1, 1977 ai
interest.
Payment will be made at the Guaranty

company

its

outstanding
accrued

and

Trust

171, p. 1883.

of

Co.

New

1949

1948

1947

$2,555,881

$2,760,265

$2,584,976

railway——

534,511

558,821

income—

278,293

159.024

725,989
275,169

oper.

from

from
ry.

income—

oper.

The

243,055

SEC
at

10,603,412
3,130,332
1,171,947

railway——

10,680.539
2,555,986
850,853

company

•883,633

ry-

from
ry.

From Jan.

from

from

Net

ry.

_V. 171,

$837,282

$558,011

$501,180

348,604

151,983
70,420

103,169

187,603

2,664,541
881,489
494,964

2,924,344

railway—

income—
1883.

,

7;.

from

Net

ry.

from

Net

from

Net

ry.

income

1—

■

709,676

519,974

387,949

617,330

429,659

562,466

5,770.368

6,021,122

2,641,177

2,597,011..

1,985,909

6,252,580
2,461,388

2,328,839

income—

oper.

171.

1,557,123

2,117,838

callable

first

action

p.

Louisville Ry.—Earnings—
1949

1948

1947

$1,511,144
254,609

$1,524,958
357,994

$1,252,507
214,333

145,345

89,923

163,502

28,013

5,933,896
5,983,220
853,053/1,327,802

4,807,393
619.386
*130,449

_■

1949,

5,856,250
1,156,072

income—

445,874

568,550

235,311

taken

only

directors relative

it was announced on

three

taken

was

cents

10

the

by

(par $1),

action

per

months

share

t.o dividends on tha
26.
►

May

ago.

paid

was

on

at

of




20.—V. 170,
:I

Cluett, Peabody & Co., Inc.—Prepays Notes—
Barry T.

Leithead, President, on May 31, announced that directors
the prepayment on June 12, 1950, of $3,000,000 of the *

have authorized

2y2% long-term notes.
May 8, 1950 the company redeemed

company's
Mr.

Leithead

that

stated

171,

duced to $5,000,000.—V.

after
p.

June

$2,000,000
long-term

12,

of
debt

these

notes.

will be

re¬

/ '

2095.

"

*

Cochran Foil Co., Inc.—Proposed
The

Chicago Milwaukee St. Paul &
from

Net

from

Net

ry.

oper.

From Jan.

Gross

the refunding of certain of the obligations

from

Net

*

railway

railway

from
ry.

Pacific RR.— -Earnings

1950
1949
1948
$18,407,326 $18,215,211 $18,508,547
2,654,332
1,735,526
2,098,746

April—
Gross

and. refunding

10272 ft

Dec.

2022.

On

—

railway—

was

stock

Similar

•Deficit.—V. 171, P- 1783.

sale of securities

bonds of Green Mountain are currently
their principal amount.
The Burlington Gas

2.981,025

1884.

p.

Ciopay Corp.—No Dividend Action—
No

common

4-r

railway

oper.

2,535,622
803,201
432,452

2,529,032

971,369

1950
$1,519,611
346,901

railway

oper.

ry.

In

railway

From Jan.

799,752

railway

from

Net

—V.

$1,362,313
643,489

499,929

6,247,052

railway

from

$1,257,509

1—

Jan.

Net

47,050

■-

April—
from

Gross

o

Chicago Indianapolis &

Net

v

/,:

railway

1947

1948

1949

$1,669,960
708,951

'

1—

p.

1947

262,195

railway

oper.

170, p. 3/

No underwriting involved.—V.

842,330

oper. income—

From

$955,799
461,444

income—

oper.

Commission—

$1,798,786

railway

from

Net

1950

Washington, D. C.—Files With

1950

April—
Gross

1948

railway

Y.

filed a letter of notification with the
of class B common stock to be offered

shares

(25 cents per share).

par

N.

17

May

on

1,300

covering

York,

j

1986.

p.

Clinchfield RR.- -Earnings—

2.220,324

1949

railway

New

Broadway,

140

171.

9,900,627

11,035,391
2,800,015
967,092

p. 1883.

.

from

from

trustee,

below.—V.

Securities and Exchange

■

.

railway

Co.

Citizens Credit Corp.,

1950
railway

York,

Sale of Toledo Edison Co. Stock—

$2,650,054
773,831

.

from

from

Gross

holder,

present

Read

200,009

159,208

ry.

Gross

With SEC—

C. L T. Financial Corp.—Registers
SEC

1986.

p.

made at

The

2,562,092

66,677,242

income—

be

interest in each case.—V. 170,
v.'v
: ;. ■/,

r

17,858,563

railway

railway

will

Payment

1974.

1,

bonds, fclus accrued

2223.

p.

$16,907,453 $16,442,497 $17,780,516 $17,375,522
3,925,210
2,089,426
4,408,769
5,853,155

railway

railway

2%%

the

G.'due Aug.

& Co. Incorporated, sinking fund trustee, 23 Wall St.,
Y., at 110 In the case of the 3%%
and at 102 in the

N.

1947

1948

1949

series

Morgan
York,

451,512

Net

The

1947

-

$3,282,819

1,388,153
785,114

■>:

railway—_.

bonds,

P.

New

FOR APRIL AND FIRST FOUR

.■

oper.

Net

companies

the issue and

*•

$3,446,309

171, p. 1884.

2%%
J.

1947

ry.

Gross

authorizations and
and to
all necessary authorizations, approvals, orders and decrees of federal
and state regulatory commissions having jurisdiction over the trans¬

both

$5.01.

Redemption will be made on Aug. 1. 1950, of $46,000 first mortgage
3%% bonds, series E, due Feb. 1, 1969, and $133,000 of first mortgage

will

- -

April—

purchase of assets or a merger would depend upon con¬
being examined.
The company's undertaking would

and stockholders of

4,415,503 >

■:9 Cincinnati Union Terminal Co.—Partial Redemption—

mortgage 3Vs%
bonds, series of
principal amount of these bonds
redemption through the sinking fund

for

$2,183,847

Net

common stock equal in the aggregate to
each of Green Mountain's 46,264 shares of pre¬
outstanding.
Whether the acquisition would take

directors

:.

$5.46

.

*

railway

oper.

Net

now

by

89,498,067
22,104,380
14,350,385

1,242.348

Income—

oper.

Net

190.

p.

..|^trvNsliiooal7:Biank-'!;ot!^thdyCity>.bf;- New York;

^•Deficit.—V. 171,

subject, among other conditions, to all necessary

approvals

$

-

.

.,.$3,412,300

railway

From Jan. 1—

1948

Net

the company's

stock

•.

2638.

Consolidation—

such .shares for

ferred

'

4,415,503

$3.43

—

railway

from

from

Net

75,585
457,185
Nil

refunding

lot

102V4%

at

From Jan. 1—

1949, including

$

•

Cincinnati, New Orleans & Texas Pacific Ry.—Earns.-

Net

$12,740,530 $11,912,792

outstanding—

from

Gross

$7,715,000 of its first and refunding 3%% bonds due 1963, $1,243,000
of Burlington Gas Light 5%
bonds due 1955 and $300,000 of 4(4%
serial notes due 1950-1953, and to issue to Green Mountain a number

r'

4,415,503

outstanding—

charges and taxes.—V. 162,

April—.
Gross

$2,447,777

Net

the transaction), to assume the liabilities of Green
on

shares

Earnings per share—

Chicago & Illinois Midland Ry.—Earnings—

with

of

1,686,299

192,554

Chicago Great Western Ry.- —Earnings—

be agreed upon to cover Green Mountain's expenses

shares

24,118,670
16,558,136

share

by

trustee.

from

Gross

willing to make an ofier to acquire from Green
its properties and assets of every kind
(except an

'Mountain disclosed

four

102,612,497

15,372,060
13,245,509

profit
Dividends paid

1949

Net

of cash to

in connection

79,6 0,938

•Net

See Toledo Edison

CORP.

1947

1348

1)49

Year Ended Dec. 31—

Copper delivered

.

shares

first

•Deficit.—V.

has suggested to Green Mountain Power Corp.

297,964

24,127

$2,305,076

Net

37,856 shs.
8,000 shs.
653,400 shs.

1,538,183

3,055

From Jan. 1—

2,000,000

864,942

*614,681

36,773

-

1950

Net

1,891,000

501,292

*602,337

2095.

p.

$

$2,202,561

ry.

Gross

100,000shs.

series

dividend

171,

66,328

dividends.—V.

at ; The-:

from

Net

J

income

Chile Copper Co. (& Subs.)—Earnings—
Year

Chicago & Eastern Illinois RR.—Earnings—

Gross

amount

729,493

*513,438

railway

oper.

43,249

April—

6,832,000

121,471

9,927,241

82,253

taxes

drawn

oper.

171,

Gross

bonds, series F due|

May 1, 1980
Preferred stock ($100 par value):
4.75%

Unlimited
in
expressed

—j

1978
mtge. 27/aft
15,

4.16%

ry.

1947

then

$487,000

*232,313

10,350,618

1,647,931

common

of

from

Net

'

j

bonds, series D due|

1975

mtge. 3Vo %

July

—

...

'

\

*226,521

9,869,389

$369,841

Outstanding

Authorized

First

from

Net

From Jan. 1—

Gross

series D due|Unlimited

bonds,

23/4%

First

•24,990

9,277.136

income
1—

$398,152

———

oper.

Net

First

124,071

395,362

common

from

Gross

EFFECT TO RECENT FINANCING

CAPITALIZATION GIVING

27,815

$2,492,228
391,858

$2,464,111

257,828

railway:

from

case

4,000
4,000

1947

1943

$2,233,226

railway

Jan.

Net

-Earnings—
'1948

1949

43,244
.

EARNINGS

Shares

Langley & Co.——.
Hemphill, Noyes, Graham, Parsons & Co
C.

Omaha Ry.—Earns.

1949

'

$2,311,470

1883.

April—

,

2223.

p.

$443,552

income—

1,

be

shares to be purchased

Purchaser—

Dec.

Gross

being notified that $975,000

Aprii—

preferred stock and the respective number of
by each are as follows:

170,

$411,191

railway—,

been

Aug.

4.75%

UNDERWRITERS—The names of the underwriters of the new

,

City.—V.

York

New

railway

oper.

Net

on

acquisition of additional utility assets as
"Possible Acquisition of Green Mountain

1,

101,564

preferred

are

hare

year

to

Co.,

•Deficit.—V.

income

after

Holders
1985

that the proceeds to be received from the
and the new preferred stock, together with
by short-term

contemplates will be obtained
provide sufficient funds for the

which

$600,000

by lot for redemption on Sept. 1, 1950,
refunding mortgage 4'Aft, series D, sinking
1962. Payment in the principal amount plu..
the
date
of
redemption will be made at the

drawn

Chicago/Burlington& Quincy RR.—Partial Redmpt.

:

1950 for
all of its corporate purposes
(including additions, replacements and
improvements
to its physical properties and those of Connecticut
Valley company) except
for such funds as might be required in
bank

ry.

.

company estimates
the series F bonds

of

from

1782.

railway^—

♦Earnings per
•Alter

6,888,752

and

Sept.

1950

Net

29,599

p.

—

Net
sale

has

first

its
due

from

Net

457,909

*14,383

of

14,919,32.
,

1986.

of

From

346,000

profit

Net

financing.

about

♦12,351

Months Ended April 30—•

Number

future perma¬
nent financing will
depend upon the rate and costs of construction,
market conditions and other relevant factors and therefore no definite
determination can now be made as to the time, type and amount of
such

58,384

79,677

p.

Net

The time, amount and type of any

therefor.

favorable

93,431

" 481,200

171,

oper.

171,

6

additional

aggregate

and that such financing will include the
stock if market and other relevant factors

1951

common

178,319

income,,-

railway

Net

.

expenditures of $3,200,000 will be made by the company in 1951 for
additions, replacements and improvements to its physical properties
and to those of Connecticut Valley Electric Co., Inc., a wholly owned

of

122,446

i

and
Inc.

p.

made

4,493,254

accrued

—V.

at

sale

13,331,048

5,172,233

Trust

Cherry-Burrell. Corp. (& Subs.)—Earnings—

Service Corp.—Further De¬

publicly offered $2,000,000 of first mortgage 2%% bonds,
series F, due May 1, 1980, at 102.54% and accrued inter¬
est, and W. C. Langley & Co. and Hemphill, Noyes,
Graham, Parsons & Co. (jointly) publicly offered 8,000
shares of 4.75% cumulative preferred stock (par $100)

subsidiary.

14,405,127

5,128,424

bonds

Gross

'«

With Recent Offering of Bonds
Stock—On May 5, Halsey, Stuart & Co.

FUTURE

14,136,763

—,

income

April—

$714,713

3,095,608

from

ry.

: 2,542,806

tails in Connection
Preferred

56,687,518

railway

railway.

1947

$868,000

3,297,000

oper

Net

5,883,254
2,089.903

T "

•

Vermont Public

Central

1,700,373
55,709,844

interest

3,152,000

railway

from

$1,542,833
627,005

6,469,740
2,143,290'

5,855,473
2,053,164

5,656.150
1.854,862

railway

from

Net

1,371,853

60,035,645

company

$466,000

1947

•

-

railway

from

1,438,494

58,676,291

V

-

From Jan. 1—

Gross

—V.

Central RR. Co. of Pennsylvania-^Earmngs—
i r
•
1950
1949 .
1948
Gross from railway....
$1,557,720 $1,524,092
$1,611,312
Net from railway
569.939
'571,113 '"
548,999
Net ry. oper. income
802,124
760,397
751,505
From Jan. 1—

132,053

3,678,876

Chicago & Western Indiana RR.—Partial Redemption

fund

45,666

235,057 r''

3,736.376

1,727,216

171. p.

time

-

19471

$15,120,592 $14,053,299

3,927,951

Chicago, St. Paul, Minneapolis &

1949
v ,•

1948

1949

*

$14,828,460 $14,848,844

income

oper.

The

2194.

p.

$805,000

':yvv""\:1'V''';V';;1.;;..®1950

from

1,271,505

does

3,221,000

from

Net

1883.

April—

Gross

ry.

plan

at

1948

1950

w,„

railway

.April—

Net

•Deficit.—V.

from

Net

this

express

Charleston & Western Carolina Ry.-

i

Net

railway-

from

Net

1947

1949

$3,083,501

240,979

From Jan. 1—

Gross

' ?

1950

railway-

from

from

6,881,852

1—

Jan.

Net

to

Rut¬

Jersey—Earnings—

$2,981,377

April—
Net

3,342,496
•2,431,363

4,286,473

from

amended

such

on

to

$893,000

income

oper.

*692,694

♦4,976,C96

1884.

p.

railway.—:—.,

oper.

From

Gross

stating that

as

before

now

be

in

railway,,,—

from

Net

171, p. 1883.

3,043,723

171.

1950

from

.

to

6

railway

oper.

ry.

l,095,65j

54,060.013

•2,210,777

income

railway

from

as

Inc.—Earnings—

.

railway,—

From Jan. 1— "

,

until

persons

:y"y

y

April—. ■

*71,771

57,911,003

railway—

oper.

April

dated

the

Gross

Green

statement

a

the president of Green

Central Vermont Ry.
Gross

*942,596

54,368.000

Chicago Rock Island & Pacific RR.—Earnings—

representa¬

Mountain
opportunity to study the suggestions

April 22,

Green

talks

consideration

an

of

On

of

after

Green

•Deficit.—V.

Gross

from
ry.

•Deficit.—V.

not contemplate the
sale of properties or merging with other com¬
panies and that the Green Mountain management feels that any offers
or
suggestions received from other utilities cannot be properly con¬

sidered

1947

♦495,000

•

Mountain

officers

quotes

"

preliminary

connection

had been

the

amended

the

1943

52,393,070

income—

railway

from

April—

given, due

comments.

Herald"

land

railway.

oper.

Net

'
two

Green

be

that when there

and

more

in

for

would

'

'

only

offer.

formal

no

suggestions

ry.

1949

.

$13,703,736 $13,721,686 $15,172,236 $14,395,320
1.315,056
13,528
899,801
2,470,604

railway-

From Jan. 1—

by

the

from

series

"

,

1950

-

from

Net

Green-

new

bonds

bonds

of

retire

to

necessary

9

now

has

Green

of

yet

Inc.—ToIssueNotes

"

'

1

hearing upon the application.—V.

i

first

sale

mortgage,

new

a
,

are

company

Gross

he

and

first

moneys

concerning the company's suggestions.—V. 171,

and its parent, The Columbia Gas System, Inc., have

company

construction

of

divisional

bankers

Central Kentucky Natural Gas Co.,
This

W.

underlying
properties

an

171, p. 1883.

applied to the SEC for an order authorizing Central to issue and sell
to Columbia $2,550,000 of 3V*%
installment promissory notes.
Pro¬
ceeds of the sale of the notes will be applied by Central to its 1950

be

by

Mountain

the

outstanding
issue

company's

shares

of

$100 par

21,

deprec.—

adjustments

Federal'

refund

provide

party to those proceedings.

1950—12 Mos.—1949

:

833,390

tion

Green

pending before the SEC under Section 11 of
the Public Utility Holding Company Act of 1935 lor the recapitalization
of Green Mountain,
which is a subsidiary, of New England Electric
System, a registered holding company.
The company is not now a

$1,526,433 $18,483,073 $17,349,514
742,448
9,528,144
9,001,899

expenses

Operating

secured

are

the

of

would

company

Proceedings

$1,746,655

revenue

The

•139,585

Co.—Earnings—

Central Illinois Light

1955,

Gross

under

1383.

p.

a

caiiable.

Mountain

12,440,250

income—

part

283,351

88,482

due

only

$2,717,820

12,214,307

Period End. April 30—
Gross

1947

12,136,294

railway

•Deficit.—V.

1948

V

•

railway

oper.

1949

1950
$3,061,652
363,673
75,724

bonds,

upon

Central of Georgia Ry.—Earnings—
April—

(2301)

:

1947

$18,129,733
3,468.700

railway

new

76,684

100,476

1,252,099

75,126,382

77,545,675

71,413,965

the

6,772,619

10,491,145

15,633,034

for nine

32,954

*416,569

1,021,463

income—

1883.

6,137,291
'

(•

4*

t_

this

and

of

its

wholly-owned sub¬

the

company

capitalization of

new

common

shares.

will be exchangeable for
i

corporation

(par $25)

1,014,572

'

of

to be known as Cochran Foil Co., Inc. with an*
10,000 shares of 57c cumulative preferred
and 300,000 shares of common stock (par $5). Under
plan, each of the 825 shares of Midwest preferred stock (par $100):
exchangeable for four shares of new preferred stock and each of
Z510 shares of Midwest common stock (par $1) are exchangeable?
a

authorized

are

railway

oper.

into

stock

70,334,107
7,009,024

income—

1—

•Deficit.—V. 171, p.

stockholders

sidiary, Cochran Foil Distributors, Inc., and also of Midwest Foil Co."
were to vote on June 2 on approving a merger of the three companies

share basis.—V. 170, p.

The

present

stock of the
2223.

stock of

the Cochran firm-

successor company on a

share for

The Commercial and Financial Chronicle

■

10

(2302)
I

..

Crowley Milner &

Collins & Aikman Corp.—Chairman Dies—
M.

G.

2195.

|».

Chairman

Curtis,

' V

'

,

,

died on
.//

Board,

the

of

,

23.—V.

May

2

fixed assets
first pledge
lien on the shares of common stock owned in a number of subsidiaries.
The issue has the benefit of a fixed sinking fund and a contingent
The

bonds

in

bonds

July

will

Nov.

first

direct

a

mortgage

operations

1,

call

to

-

•,

273,246 shares.—V.

T.
as

L.

has

Evans

director.—V.

a

the

purposes

plus

fixed

Oper.

redeemable

Net

prices

at

Net

103V2,

from

decreasing

♦Loss.—V. 170,

(& Subs.)—Earnings$378,555

82,720

5%

value

par

present financing

convertible

cumulative

—V.

the

Partial
Holders

333,545

'

first

due

1,

and

1964

preferred

stock,,, and

Net

$20,103

$81,056

1949

1948

2,397

2,739

12,127

Net

from

Net

ry.

317,058

223,949

income...

68.427

125,374

75,237

3,998,596

4,256,682

4,479,014

$17,364

$63,929

$72,235

1,015,649

810,095

994,813

295,743

235,952

305,149

.

.

Co.,

;.

.

York,

New

that

this

vaiue

of

(Sept.

and

130,324

j £ /

tion

Y.,

N.

will

Trust

is

trustee,

terminated

be

June

30,

Net

1950
$172,176

$244,320

$189,658

deposited

the

1950)

28,

property.

all

As

119,011

77,539

Net

59,412

ry.

income:.™

16,254

oper.

.

60,767 /

1947

45,826

securities

the

of

then

from

Gross
Net

from

Net

ry.

675,052
74,128

railway

948,203

200.037

railway

—V.

income—

oper.

■/ * Deficit.—V.

171.

411,605

of

York City,

Dallas

204,868

116,703

Columbia Gas System, Inc.—Registers With SEC—*

on

will

Power

171,

SEC

The

9

to

and

has

of

for

issued

debentures

the

System's

order

an

would

be

used

construction

giving

retire

to

for

interested

persons

used

Net

from

Net

from

Net

ry,

34,551

7,684

16,003

income...

oper.

,1946

$154,740

22,503

Net
Net

—V.

Total

from

and

Net

from

Net

ry,

648,430
46,713

income

♦Deficit.—V.

171,

&

Co.

Proceeds,

$4 ,129,884

$4,417,533

f, z ■ 775,598

-™-

/

363*397

1.021,940

480,466

3.988,132

Gross

1,913,174

from
ry.

Gross

1947

Western

*2,202

45,428

Net Ty.

1Q4Q

$7,100,896

1,412,064

income...

726,229

600.648

137,370

640,301
149,714

63,407

102,293

*81,903

The

Net

See

both

Manufacturers

below.—V.

171,

Casualty

"

/>'

Insurance

Co.

1562.

p.

and

in

<-'

•

Transamerica

Gas

1,833,291

1,468,961

Net

820,733

698,203

Net

ry.

27,204,239

29,270,622

3,943,200

4,482,137

5,861,059

income...

1,827,876

1,964,193

2,427,608

Exchange Plan Approved—

The

corporation

covering

The
shares

'or

a

Corp.

Commission

of

the

share

to

stock,

of

holders

proposed

a

on

May

wick,

The

both

price

which

offering of

38,700

Net

shares

estimated

an

to

are

be

Net

the

bank
The

offered

a

certain
water

organized in

Pe

and

proposes

construct

to

section

of

Virginia.

between

and

the

171,

Gross

the

run

from
ry.

Front

and

Hopewell,

and

terminate-

at

bonds

and

will

be

to

applied

provide

capital.

According

to

1,095,973

/ 625,697

•

the

'

from

Net

ry.

Consolidated Edison Co. of New York,
Inc.—Plans to
Merge Subsidiaries—

Gross

20,063,227

railw&y
railway./
income

The

Electric

to

&

Power

to

the

Westchester

the

merge

Light

applied

Co.,

two

New

York

Lighting

wholly-owned

P.

S.

Co.

Commission

and

the

1949

1950

$153,552

''

Net

income—

171

; Consolidated Gas, Electric Light &
Power Co. of Bait.
—^Dividend Rate Increased—
"

Net

The
Mf

directors

May 26 declared a dividend of 35 cents
the comiffoii ?tocfc for the quarter
ending June 30, 1950

Wtoos

<ftart£rly

on

rate

threfe-lor-otfe

fefcid by the

company

$0

was

split

of

since

cents
the




per

common

1929.—V.

share,
3tock,

giving

effect

which

171/JC 1783.

"

The

rate

*

$163,089
64.537

26,673

39,778

income™^

-

577,545

665,280

/■

176.442

'281,826

109,940

108,000

169.953

254,073
.145,644

85,911 *
•

$1,408,461

income

1949'

1948

—

$1,324,309

"

»;

$1,039,305

628,335

509,180-

350,422

1947

$1,048,554

231,180

439,740

243,502

87,573

/ 230,263

5.716,412

6,022,112

5,202,947

2,353,381 *

2,781,862

2.007,246

1,210,191

1,451,107

1.052,904

-

$643,678

305,660"'
94,522 r

1949

1,197,448

*81,021

*2,564

13,895

1,287,700

1,137,800

1,649,900

86,031

5*39,835"

$450,783

1947

;v

143,266

;

'

323,438

76,523

.

.

net

additional

proceeds

are

to

-

used

be

machinery, further

to

expansion-of

the

facilities

in-

•

and

;;Z:':''//

"

purposes.

fof

pay

Authorized

(par

10

cehts)l___

corporation's

the

has

and

'< Outstanding

407,500 shs.

been

the

manu¬

of capacitors (Commohly referred to as e.ectric condensers)/
television, radio and electrical devices/fluorescent lighting

meet

imately
-

is

in

1946

geophysical

exploration

/'/v/;....

bought

of

38,000

number

about

••

apparatus

and t

Z;//;

t|ie increasing straid oh itst fadilities.' the . company in

consisting

C.,

£f

.500,000 shs.'

business

of

a

feet.

square

its

•"

300.

factory at 308 Dyckman St./N. Y„
brick building with an area of approx-Additional machinery was installed and

employees increased
■
•
Z
/

customers

its

-

its .own

two-story

so

that at

'

following

the

-

•

v-

present

the

number

-'/.'/f

.

companies

(including-their
subsidiaries
and
affiliates):
Radio
Corp.- of America;- The Bryant1
Electric Co.
(Division of Westinghouse);
Sylvania Electric Products, >
Inc.; Capehart-Farnsworth Corp.; Belmont Radio Corp.; Teletone Radio/
are

Hallicrafters Co.; General Electric Co.; Allen B. DuMont Laboratories, Inc.; Stewart-Warner Corp.; Admiral Corp.;
Packard-Bel!
Co.; Emerson Radio & Phonograph Corp.
and Bendix: Radio Corp. "
—V. 171, p. 2096.
:
/
Corp.;

,

Eastern Gas &
.12 Months Ended

consolidated

76,484

1,215.044 "

420,498

467,051

„

1.223,276

for

Interest

income
and

and

Fuel

Associates—Earnings Statement—

April 30—

/

1950

,

1949

//

$11,645,596 $24,558,119

taxes

denletion

debt

;

income

i

;

discount

■

1,121,884

:_™_i™-„™_

■

6,122,797*

5.794.942

5,681,246

.-2,244,681.

s

1,879,493

/ $430,215

211,677

~

267,849

' 102,063 " "" *

1,245,551

income-

1,215,300

513,910

*135,903

25 publicly offered 62,500 shares of
(par 10 cents> at $3.50 per share.
The
oversubscribed.
*
/
"

stock

Deoreciation

1948

v

$550,207

from; railway-™™
1885.

78,119

26,362

effect

use

To

2,235,826

RR.—Earnings—

ty.

171, p.

$303,100

.72.267

•

4,729,397
«:

191,540
•

'

.

65,491

1—

oper.

$345,500

,

•

2,346.621" 2.341,970

—V.

1947/

1948

;

-*36.126

92.231

-

1885.

171, p.

other' purposes.-

48,414

is

Net

.

-Earnings-

.1949 ;
$225,800

/-■

November

2,558,510

from

:

1950

,

equipment, hearing-aid' devices,

547,370

Net

the
been

.

railway™.™

railway™—

Jan.

124,245

247,069

corporate

other

for

t

1950

oper.

290,381

178,134

income.™

of

.

$163,365

45.487 \

39,340

railway—'™

Gross

pre-

to

had

-

ry.

From

share

per

from

Net

*

356,554

*53,203

;

for

1947

1885.

April—
from

130,857

118,352

$345,700

PROCEEDS—The

facturing
1943

520,708
168.150 "

%

Detroit & Toledo Shore Line
Gross

313,314

:

1885.

p.

railway—™

issue was

Provision
•

'

,

railway™..

railway
p.

104,676

1,688,837

railway

oper.

~

-

65,767'

195G 'v

oper.

171,

86,765

2,039,899

common- stock

Total

*

*•

ry.

—V.

for

118,51.9

1,931,640

income™

BUSINESS—The

$145,650

■

t

3,482,977

Yonkers

subsidiaries.—V.

1783,

p.
,

has

company

155,573

129,764

railway

from

from
ry.

2,037,007

1884.

railway
railway.::

from

from

1947

$482,106

118,526

-

17,294,014
•

From Jan. 1—

Net

171,

♦Deficit.—V.

Ry.—Earnings—

■

oper.

1948

$553,802

i

railway....

from

Net

1949
171,064

1,992,842

railway.^

Common

'

April—
Gross

*2,166,769

>

V

$588,695

income.™

oper.

Nfet

320,626

Detroit Toledo St Ironton RR.—Earnings—

prospectus, the Federal Power Commission has authorized
construction
and operation of the pipe line
system.—V. 171, p. 2095.
J

Authority

ry.

Among

■

*1,699,322

1—

/.

from

Net

Y

railway:

p.

*1,253,879

1950

railway-

from

Gross

1947

5.430,690

1—

171,

*909,741

*1,594,603. : *1,918,624

From Jan. 1—

.776.241

3,591,266

1992.

oper.

3,335,183 "

$586,909
177,137

railway

oper.

Net

$4,089,155

755,430

5,594,738

Jan.

from

768,089

5,084,456

rities Corp. on May

1.104,066

3,008,954

from

ry.

v

1885.

p.

income.™

Jan.

from

Net

1950.

a:

new stock,' the serial
construction, development and

to

working

/
1948
$4,751,013

18,252,152 V 22,453,742

income.™

Net

—V.

?roc5ed3 ,from the sale of the

costs

1949

1,919,562

oper.

Net
>

line will approximate
from near Standardsville Va»through

Petersburg

3,

'V//'

3,677,721

j

from

Net

1,758,905

26,704,036

Dumoni Electric Cor^.—Stock Offering—Aetna Secu-*;

'

Gross

Its main transmission

will

July

....

April—

2,384,030

*5,407,450

railway

April—
Gross

-

income...

p.

$2,616,504
" 999,150

.

railway,...,
railway

oper.

171,

stallation

1—

2,097,019

,

-Earnings—:

556,957

Detroit St Mackinac

Norfolk, Va.

near

financing

—V.

and

from

Richmond,

notes

ry.

line

pipe

MS miles in length and

point

1947

system for transportation of natural gas to be
Virginia Gas Transmission Corp. $nd to be sold to
municipalities and retail distribution companies in the Tide-

purchased

from

Net

Net
was

on

i,"V "V

,

1,108.461

from

Net

share

of

to

loan.

operate

Jan.

$4,306,124

2,748,377

Duluth Winnipeg & Pacific Ry.

2,423,765

authorized

31

terminate

$4,857,713 * $5,200,770

..

Gross

of Richmond,

company

will

1950

from

From

j

.

250,000

Va;, are named as underwriters.
v
The proposed
financing program also includes $4,900,000 of first
mortgage pipe line bonds, 2V2 % series A, due June 1, 1970 to be sold ito insurance compaines, and $350,000 of
3% serial notes to evidence
«

offer

..V//: '■

v

•/
railway
from railway
ry. oper. .income,..

Gross

the
38,700 shares' of outstanding common
the stockholders, as well as the public offering'
price and underwriting terms for the balance of the offering, are to be •
supplied by amendment. Scott & Stringfellow and Anderson & Strudstock.

exchange

2195.

V

April—

Registers With

—

on

covers

171, p.

The

1947

$5,273,546

25,524,330
5,175,343

1 '

•

Denver & Rio Grande Western RR.

May 26 filed a registration statement with
blcck of its common stock, $5 pat.
'
- - -*

statement

—V.

bonds.

-

.

-

1948

*5,028,657

railway—

from

560,723

Corp.

Securities and Exchange Commission—
SEC

new

30, 1950. amounted
six months' ended

the

194?)

1,390,4431

,

income. Z

oper.

1,222,126

purchase about $7,750,000 of the new bonds, and the holders of
the present Morris & Essex bonds would receive $400 in cash and $600

/ :

Coihmonwealth Natural

ry.

From

Gross

to sponsor a $19,356,000 bond issue.
The proposal is prepa¬
ratory to refunding that amount of construction mortgage bonds of the
Morris & Essex RR., a Lackawanna operating division.
These bonds
mature May 1, 1955.
Under the plan, Metropolitan Life Insurance Co.,

Baltimore, Md.—Sell Two In¬

in

Range Ry;—Earnings—

*1,048,650

_

„

from

from

1947

23,906,100

Commerce

;

share

a

*955,074-'

railway

♦Deficit.—V.

Interstate

$1,781,541

dents

$593,331

railway-

Deficit.—'V.

$6,682,134

company

*29,511

income..

oper.

1Q4R

would

Commercial Credit Co.,
surance Firms—

from
ry.

$7,304,186

.

railway—
railway...™.

oper.

Bond

*10,845

»

Net

Duluth, South Shore & Atlantic Ry.—Earnings—

RR.—Earnings—

1950

from

from

Net

$123,043

35,624

railway™.

from

Net

$6,514,493

oper.

with

to' 4.4

railway^™/.

oper.

Net

1,902,653

railway
railway...,™

from

with

April

and

the six months to April

in

contrasted

April—

Lackawanna &

ended;

compared with $1.45

$1.60

was

1950

from

Net

4,028,018

1,192,774

months

six

17,170,903

2,783,780

1949,

1949; equal

ry.

*

18.951,046

the

From Jan. 1—

397,438

17,114,415

31,

investment income

Net

$4,173,596
< 882,278

*

Oct.

on

from

1947

780,328

for

report

April 30, last,

April—

Y

1948

$4,668,470

331,978

'i

-

.-

Y

30, 1950, were $79,715,958 compared
1949, and $60,428,535 on April 30, 1949.

on

Duluth Missabe St Iron

to

are

Corp.—Earnings—
'

,

$0.60

April

on

Oct. 31,

$2,201,952

Gross

1949

~

and 3 9 cents a shard,
respectively.
Market value of investments on April 30 of this year
was
$12,971,531
greater than cost,
whereas a year, earlier market
value of investments was $1,131,355 in exceos of cost. —V. 170,
p. 2224.

171, p. 2096.

Gross

1884.

p.

V

/

2096.

p.

//.

Net investment income per share during the half year
largest reported for any corresponding six-month period.

assets

net

$1.34

Net

1950

April—

and
171,

$162,161
:

643.987

117,995

railway..

oper.

171,

$0.79

30, 1949, respectively.
Shares
outstanding on April 30,. 1950, numbered 49,871,456 compared with
48,1?3,040 six~ntonth8 earlier and' 45,207,753'a year, earlier.v
/
to

June

*

railway..._

Hutton

T

; 269,109

or this

value per share

Gross

From Jan. 1—

Gross

an

E.

356,927,'.

178,093 ?
'•». $0.40

206,464
$0.46

:

1950—6 Mos.—1949
$3,900,886
$3,618,648

1950—3 Mos.—1949
$2,040,537

corporation's' semi-annual

was

asset

From Jan. 1—

/1949

$154,536

railway....

railway

W.

railway
16. 207,299
from railway™
" 2, 992,755
ry. oper. income™.
331,978

Net

April-

Gross

through

and

from

Net

,(

$0.90

,

>

'

1950.

From Jan. 1—

Columbus St Greenville Ry.—Earnings1950

Co.,

construction.—V.

Delaware

until

30,046

,..

556.

p.

the

/
.
.
underwriting group headed by

.

offered

be

&

ry.' oper. incotae

Gross

2095.

p.

171,

$70,002,974 on

filed a registration statement with the SEC
of preferred stock, series "C," cumula¬

Delaware & Hudson RR.

program.

a
hearing on the corporation's proposal, to issue
competitive bidding, the $110,000,000 of debentures.—V.

at

866,856

$1.10

•

$778,717

866,856

$2,093,826

also

outstand¬

request

sell,

is to

■•/ ':Y/
Gross > from railway
Nit from railway

corporation on May 26 filed a registration statement covering
proposed offering, at competitive bidding, of $110,000,000 of de¬
bentures, series A, due June ,1 1975.
The company expects to invite
bids for the purchase of the debentures on or about June 14, 1950,
and to open on June 20, 1950, such bids as may be received.
debentures

$952,834

$0.78

—

Corp.—Earnings Continue Higher—

April 30,

shares

value).

par

be

The

Proceeds of the sale

382,613

866,856

outstanding--

shares

the

to

'//////////..;/"/

Merge With Parent—

'April—

Its

ing

I

1,191,376

4G6;230

corporation on April 30, last,* were at the
highest level for the end of any fiscal period in its history, according

the date appointed for the sale. Repre¬
meet with prospective bidders on June

2195.

p.

June l

75,000

Stanley

•

•

.

1,449,110

■

30,046

profit

Net

1884.

p.

($100

on

Morgan

250,651

207,311

;

Dividend' Shares, Inc.—Assets at New High—

620,927

867,694
,378,293

'

—30,046

—1.

sales—

the

that

in New

The stock

;v'*

:?r;'/

•

~

".'.1948

held

the deposited property.

statement.—V.

tive
;

27,971
;>•«

From Jan. 1—

.

.

//

$678,353

reserve

profit after taxes™
Earnings per share—_

after

soon

reasonably, possible,

is

as

cash

into

convert

Darco Corp.—To

$153,20f

46,244

railway

j

$0.85

.

1949

•

345,730

Net

Dayton Poifrei* St Light Co.—Registers "With SEC—

/

from

from

taxes

Period End. April 30—
Net

new

said

The company
for the sale of

railway.:™..

April—
Gross

421,259

' 1,054,129

taxes„™_-—

Divco

notifying

on

See Atlas Powder Co. above.—V. 169, p. 801.

Colorado So Wyoming Ry.—Earnings—
1948-

$357,632

$0.23

1950

'

income

April 30;

1949

'

income

—V. 171, p. 1992.

8,: in New* York,; to review the irifonhatlon contained In the registra¬

1384.

p.

$97,494

421,259

Subs.)—Earnings—

Earnings per share—_—

has set down ,for sale on June 14 its proposed offering
first mortgage bonds, due 1930.
G. L. MacGregor,
bids for the issue will be returnable until noon

company

sentatives

635,630

income—
171,

219,194

Nil

for

Capital

liquidation 8nd receive in cash their proportionate

market

$24,500,000

3,779,585

railway-

.

period

part of

as

The

*43,240

railway—„

4Deficit.—V.

59,754*

421,259

before

Total net assets

38,529

oper.

576,826

17,931

$22,386

—

...

sell

will

(EDT)

236,803

from

*

$12,774,286 $13,642,335 $11,597,818

Provision

From Jan. 1—

Gross

$9,705,647

157,248'

*$78,332

sales

Profit

Dallas Power & Light Co.—Bids Invited—

1947

railway......

•

1948

'

•

$6,290,197
*•:

$90,216

current

fO-day

by it

$880,420

oper.

ry.

$25,283

Farmers

the

President,

$1,031,486

railway

for

of

trustee

Earnings—
$1,142,743

from

Net

4,615

the 90-day period after termination of the trust on
holders may present and surrender their certificates to the

30,

the

collateral

$971,309

from

912

certificates

Of

trustee

are

1950

April—
Gross

161

During

June

of

Southern Ry.

Colorado &

$19,942

501

_

Bank

1950.

share

mortgage

April

to

302.

p.

9 Months Ended April 30—

$85,601

$24,782

170, p. 2435.

holders

trust 15-year sinking
being notified that $312,000
principal amount of the bonds has been drawn for redemption through
the sinking fund.
Bonds will be redeemed on July 1, 1950 at 100 and
accrued
interest
at the
Marine Midland
Trust
Co., of New York,
trustee, 120 Broadway, New York, N. Y.—V. 171, p. 1986.
the

bonds

$80,144'

income

income-

deductions

City

Redemption—

of

4%

of

Cumulative trust Shares—To Terminate Trust—

com¬

1,145,365 shares of common stock, without par value.

fund

taxes

Diana Stores Corp. (St

$419,146

298,411

$102,662

71,412

income

Net

will

$20

or

be

1950—12 Mos.—1949

1950—3 Mos.—1949

$96,194

earnings

Income

have outstanding $15,000,000 first mortgage and collateral
trust 15-year sinking fund 4% bonds, due April 1, 1964; 477,127 shares

of

1949

1950 /
$5,574,349
*126,342
Cr48,010

!

—

Amortization

.

to the

/

taxes

profit—:
shares outstanding™—/per share.

Net

CAPITALIZATION—Giving effect
pany

common

-/!*

-

-

Capital

Earnings

_—

operating

Net

the

from

income

before

for Fed. & State incdme

Prov.

of the Board, but continues

and taxes..

revenues

exps.

Non-operating

sale will be used to reimburse
the corporation in part for additions,
betterments and capital im¬
provements and, together with general funds of the company, to fi¬
nance contemplated improvements and additions.
proceeds

-

sales

Profit

Net

excess

bonds are
interest.

accrued

the

on

Resigns—

resigned as Chairman

Period End. Mar. 31—

Operating

sinking

PROCEEDS—Net

dividend

stock

Diamond YT Motor Car Co.r^Earnings—

171. p. 2096.

Cumberland Gas Corp.

of $2,000,000 whichever amount is lower.
fund the bonds are redeemable at par plus
accrued interest, and for the contingent sinking fund at prices ranging
from 101 x/z%
to 100%, plus accrued interest.
For optional redemption
earnings in

the

170, p. 2435.

Quarter Ended March 31—
Net

'

For

25%

a

common

shares of prior preference

24,962

Crown Drug Co—Chairman

a

tingent sinking fund provides for retirement on or before Nov. 1, 1952,
and
in
each
subsequent calendar year,
of bonds in the principal
amount of $500,000 or in an amount equal to 20%
of annual consolidated

declared

of one share of class B stock for each four class A
shares held on June 10, 1950, with payments to
made on July 1, 1950.
This will involve the issue of 86,474 shares
additional class B stock, bringing the total of that issue outstanding
E.

class

;

■■

.

have

to consist

stock,

redemption

for

on

and by

$250,000 cii or before July 1, 1951, and $500,000 on or
1952, and in each subsequent calendar year.
The con¬

1950;

1,

before

by

manufacturing

and

Under the fixed sinking fund, $312,500 principal amount
be delivered to the trustee or redeemed on or before

finking fund.
of

secured

are

mining

voted

directors

The

stock of $50 par value would
be. called at $60 per share plus semi-annual dividends of $1.50 per
share, and the 4,959 shares of preferred at par $100 per share plus
dividends of $3 per share retirement of both classes of stock on or
soon
after July 1, 1950, would leave only one class outstanding—the
339.433 shares of common.—V. 170, p. 104.
,

publicly offered $3,000,000 of first mort¬
gage and collateral trust 15-year sinking fund 4% bonds,
due April 1, 1964, at 101%, plus accrued interest.
used

has

company

upon.'

Colorado Fuel & Iron Corp.—Bonds Offered—Allen &
June

Monday, June 5, 1950

.

Giorgio Fruit Corp.—25% Stock Distribution—

Di

Plans to Retire Preferred

—

all of its prior
preference and preferred
stocks.
This program is subject to con¬
summation of a 15-year loan of $2,000,000 by a bank and an insur¬
ance
company, the general terms of which have already been agreed
The

The

on

Co.

Stocks—To Place Notes Privately—

171,

Colonial Airlines, Inc.—Moves Executive Offices—
The corporation on May 27 announced the removal of its executive
offices to 230 Park Avenue, New York 17, N. Y.—V, 168, p. 1796.

Co.

.

.

i

i

2,134,231

" 1,158,073
399,582 V' v 42$,067

Net

$2,484,089 $10,874,583 Z

income

Dividend

requirements

on

4Vsg %

prior pref. stk.

1.108,721.. 1,108,727

Volume

Number 4913

171

Eastern. Utilities
The

SEC

Step J
SEC

has

Plan

of

April

order

of

EUA

of

the

order

an

filed

scheduling

Plan—

on

hearing

for

corporation

this

by

of

common

alternative,

stock.

The

its

its

chose

Boston

to

bank

a

EUA

the

the

and

alternative;

second
of

into

Net

of

class

the

of

use

thereof

proceeds

to "purchase

from

Fall

River's

sell

Step
the

to

II

capital

it.

Electric

ently
the

of

Co.,

of

bonds

of

EUA.

common

public

later

a

holders

which

will

would

preferred

and

its

call

stock);

assume

and

other

liabilities

of

all

assume

and

and

to

$8,500,000

priate

manner."—V.

the

stock,

plus

of

$19,381,000

new

171,

properties of Blackstone "in

gas

Divs;

appro¬

the

SEC

subsidiary of General Public Utilities Corp.
connection
with
the
merger,
all the issued and outstanding
capital stock of Edison will be surrendered for cancellation; Metropoli¬
tan-Edison will assume all its duties, obligations and debt, including
particularly $305;000 of first mortgage 3J/a % bonds, due Feb. 1, 1966,
issued by Glen Rock Electric Light & Power Co. (to which Edison is
dissolved.

will be

El Paso Natural Gas Co.
Period End. Mar, 31—

The Glen Rock bonds

Operating
Oper.

—.

31,

of

deductions—

rev.

2,173,326

Exploration

of

costs

Other

233

379,240

corporation

$11,600,000

$1U

to

$750

for

are

V.

and

Total

$7,933,019

19,066

468,384

Income

$871,722

$8,401,403

Net

income

266,708

206,989

2,916,037

198,190

■71,219,924

Dividend
for

in

for

divs.
—V.

$466,543

57,146

34,479

.

$4,265,442

$5,393,251

$432,064

$389,531

]•

Apri:—

Gross

Net

Gross

be

stocks

made

and

,.

Net

from

Net

from-

Net

ry.

cl

net

proceeds

months

No

or

single

The

$500.

underwriter

4

*

/

1947

$4,093,814

$3,454,456

$3,101,232

1,734,658

1,216,727

883,043

455,578

461,426

226,618

;

747,514

<

•>'

253,986

V

12,105,936

171,

858,263
* '

726,631

income

6,828,299
2,891,343

2,906,990

1,744,344

^,776,152
1,805,542

the

called

for

3,598,706

,162,536

103%

and

1,990,986

,706,793

York

Trust

common

♦Deficit.—V.. 171,

The
•

company has

the construction of
would

increase

approximately

1950,

Gross

it is

facilities near Waynesburg, Pa., which
capacity of the company's pipeline system by
cubic feet per day.
The proposed project,
171, p.

$1,073,053

$3,926,509

809

10,438

facturers

have

already

expressed

interest

in

financing

Diesel

the Society's rental arrangement and contracts

through

varying stages ol

discussion, Mr.

Parkinson

$3,936,947

said.

;

.

two
documents:
A
purchase agreement under which Equitable
purchases the Diesels from the locomotive manufacturer; and a lease
contract under which the Society leases the locomotives to a railroad.
>
Under the purchase agreement with the manufacturer, the Society
on

balance

the

rentals and
the

the

the

is

paid

of

during

that

agrees

five

of

years,

the

on

pay

171, p;

the

initial

an

$865*576

$750,743

:

$2,744;755

to

87,898

-

350,489

■;

which

the

$778,046

$662,845

$2,394,266

heading in

cars

costing

$77,492,000.

operation,
six

ry.

contracts

railroads for

have

14,600

our

been

freight

The

issue

of

May

Net

ry.

*

from

Net

from

Net

ry.

railway

oper.

171,

.

2—

income

47,555,916

50,404,271

10,589,416

"

v

p.- 1885.-

v

55,899,826

.

1947

*

13,304,399

s
$2,877,783

3,624,411

3,905,864

-

Fall River Gas Works

Operating
Oper.

revenues

exps.

Co.—Earnings—

1950—Month—1949

$184,359

.

and taxes*.,

Gross

Net

operating

Non-oper.
Gross

Deduct,

income

income

income

1950—12 Mos.—1949

$176,834

$1,905,275

$1,932,026

160,953-

144,407

1,775,775

1,792,961

$23,405;

$32,427

$129,499

$139,065

from

6,609

3,002

62,657

66,355

$30,015

$35,429

$192,156

$205,420

4,708

4,801

56,803

48,700

(net)

—

gross

$9,469,554
65,740

inc.

income

-V.

171,

per

p.

...

capital

1835.

$25,307

$30,628

$135,352

$156,720

$2.05

.

$2.37

share..

' v' 14




"

!

!

J

I

171,

been

The

at

at

1950

3,

New

1784.'

p.

1949

1948

$666,093

$687,458

129,928

66,207

142,423

*■

1947

$645,181
108,575

113,725

49,002

113,506

78,04S

2,559,914

2,757,518

2,756,390

2,619,292

381,417

350,332

445,824

322,766

281,378

336,389

••■•' 274,870
137,971

*

'.-f

' .?

-Earnings—

■

1949

'1950

l

1948

J

1947

$628,242

$681,206

$611,192

$539,060*

225,726

222,618

124,653

176,39®

income—

54,136

railway^.

13,458

72,303

2,577,531

2.495,414

2,100,756

895,200

795,280

670,446

561^32

201,134

237,655

184,470

207,081

v

,

income—.

1885.

p.

65,858

2,541,297

.tf

railway

.>

i
-,V

'

••

•.

which ex¬
1950, 3,727 shares of outstanding 5%
preferred stock were surrendered ii*
exchange for 3,727 shares of new preferred stock and
13,012 shares of common stock. Thus there remained for
May

on

1,

$2,882,324

$9,535,294

5,885,150

5,303,903

See-offering to public In V. 171,

1
112,500

112,500

450,000

450,000

$1,881,794

$5,435,150

$4,853,903

outstanding
2,450,000
share—$2.22

2,100,000

'

,

$2.31

Gold Shore

1948

$1,393,245

$1,202,095

$1,184,469

$966,741

409,928

276,329

235,335

200,854

195,423

137,639

108,346

•90,767

•

•

1947

irom

Net

from

Net

ry.

The registration statement
filed with the SEC on
covering 500,000 shores of common stock (par $1),

May 16, 1950.—V.

—V.

railway—

5,367,365

171, p.

4,488,342

4,506,014

1,738,768

806,281

862,420

791,408

863,488

362,558

379,030

398,580

income

1885.

T

A

a

Anniversary Booklet—

June issue marks the 25th anniversary of "Heat Engin¬
magazine published monthly by this corporation for general

distribution

trade

The

from

and

classroom

for

instruction

7N7•

colleges.

anniversary
past

"Hfeat

limited, due to

in

more

than

'r'

r

100

;.7

issue was planned to present a
few highlights
Engineering" articles.
The choice of articles was
reauirements, to a few "firsts," "world's largests"

share

to

;

and petroleum

f;;;:"

.

circulation

free
to

makeup

'v-v\

,

International

Hydro-Electric

of

and

V

v

Gatineau Power Co.—Registers
See

each

this

about

The

v

The

net

As

layout.—V.

171,

pp.

1784

:"'t

which

was

vide

funds

for

the

below.—V.

western

located

in

and

first

to reduce

■

for

any

17,168 additional
the basis of on<?

shares

will

be

outstanding

issued.

187,052.1®.
•

.

also given

come

used

rights to subscribe for any
served

basis,

commitments of four

bank loans.

,

west¬
..

.

171, p.

Colorado

near

Springs, Colo. In order to pro¬
construction, and for operating capital,
1949, arranged by contract with four

of

December,

for

banks

000.—V.

line

a

credit

of

in

the

maximum

of

sum

$1,000,-

2097.

Graham-Paige Motors Corp.—Exchange Offer—
W.

The

Frazer,President,

registration

p.

103.

25,
of

listing

statement

for

of

the

first

map

ever

published

showing

the

each

official

of

Listed—

par common stock issued in exchange for the old no
stock on the basis of twp new shares for each old share
to unlisted trading on the New York Curb Exchange on
^

of

Securities
common

follows:

as

the

from

SEC

Exchange

stock

that

it*,

Act

of
1934
effective o»

became

its

notice

offer

-of

to

its

issuance,
16

cumulative

stock

common

preferred

of

exchange

5%

stock.

for

The

each

offer

has

mailed

shares
share

became

to

Its

of

preferred
of

its

its

preferred

common

stock

5%

effective

and

A,

stock

eight

cumulative
on

May "3®.

and

expires at the close of business on June 12, 1950. Preferred
are not compelled to accept
the offer, the exchange being
voluhtary.—V. 171, p. 2196.
'

purely

; Grand Trunk Western Ry.- -Earnings—
April—
Gross
Net

from
ry.

*

;

:

1950

.1949

1948

$4,718,000

$3,945,000

$3,919*000

1,275,065

617,320

330,010

866,42®

836,492

283,412

*80,472

372,261

16,681,000

15,398,000

15,772,000

14,303,00®.

3,423,403

2,209,299

1,846,399

1,911,273

937,757

117*691

•

from

railway

railway

income—

oper.

1947

$3,746,00®.

From Jan. 1—

$5

171, p. 1784.

the

under

shares

announced
notice

stockholders

Net

General Fireproofing Co.—New Stock

an

share

convertible
1950

31

received

1950 and notice from the New York Stock Exchange under
May. .23, 1950 that such additional shares were approved-for

upon

shares

674*865

of

respect

May

on

having

corporation,

date

171,

1

May 26—V.

will be

issued
,

were

first

a

completion

company,

May

With SEC—

System

map

new

on

on

fractional

No

were

v-/"

'

1950, for

share

per

.

subscribe

to

explained

mill

in

of

common
admitted

given

in detail in the annual report to stockholders, datecfc
Dec. 31,
1949, the company is engaged in the construction of a newr
reduction mill in the Cripple Creek Mining District to replace the old

been

16 Illustrated with a number of Vernon Howe Bailey etch¬
American
college
buildings with. (the
Dunster Gate of
Harvard University on the cover.—V. 171, p. 463.
»

was

held.

repayment of

in

or

$17.25

there

stockholders

shares

proceeds

banks,

J.

has

locations
of colleges and
universities throughout the country was started on
May 27 by this corporation.
This College Map gives the location of
240 colleges
in the United States from which General Aniline em¬
ployees received degrees.'' ■ In addition to the American colleges, the
names
of 45 foreign universities are also listed.
\

par

shares

11

offering

common

unsubscribed

refining.

16,000,

| General Aniline & Film Corp.—College Map—

ings

also

were

at

■

stockholders

Distribution

stock

common

for

Prior

each of the fields of steam generation,

propulsion, industrial processing,

magazine, with a
completely redesigned as
1667.

of

1950^

space

other unusual Installations In

and

stockholders

common

shares

ern

special

eering,"

10,

withdrawn
,

the right to subscribe on or before May 31,

3,801,504

;;w:

Foster Wheeler Corp.—Issues

April
was

171, p. 1568.

shares.

railway.

oper.

.

,

Golden Cycle Corp.—Rights to Stockholders—

1949

V

-

Mines, Ltd.—Registration Statement With¬

<

on

•;.

•

^

"1885.

p.

drawn—'';■-

City Ry.—Earnings—

1950

from

the

to

56,988 shares of common stock.
-

pfd.

the period

per

underwriters, pursuant to the underwriting
16,273 shares of new preferred stock and

$8,770,835

1,994,294

first

agreement,

36,212

From Jan. 1—

The
Net

Earnings

to

railway
from railway—
ry. oper. income—

; The

,

made

being

are

have

July

railway

oper.

171,

The

t

Period End. Apr. 30—

City.—V.

1971

bonds

on

(P. H.) Glatfelter Co.—Exchange Offer Expired May 3

$8,734,623

4,541

April—

48,330,431
10,027,053

5,366,851

9,652,417-

4,759,339

due

these

—Pursuant to the company's exchange offer,

1950—12 Mos.—1949

•

20,512

Fort Worth & Denver

"

railway,

series
of

cumulative

shares

railway

From Jan. 1—

^-V.

1948

railway—._ $12,417,433 $12,613,910 $13,567,288 $12,606,598
3,033,898
2,191,351
3,290,342 *
2,872,340
oper. income—1,345,959
844,395
1,355,313
1,092,113

from

York

New

v •

1,

$3,024,943

The

1949

i'» ?

railway—

from

*

1950

in

.

Co.—Earnings—

—V. 170, p. 2584.
,
,
•
I•••
';7;vv;:v/.'

marine

from

Net

Gross

'

-

.

$0.25

:

$667,615

:

,

.

oper.

ry.

—V.

See V. 171, p. 1784*

$2,008,056

Earnings

Net

RR.—Earnings—

April—

for

Common

or

Gross

210,631
756,368

$0.53

income—

from

Net

$11,944,678 $11,300,943 $41,120,283 $40,170,903
• 8,919,735
8,423,160
31,650,729
31,436,280

Balance

Net

Pennsylvania RR., with an order for
10,000
freight cars is the Society's biggest customer to date.In
addition, The Equitable is currently negotiating with other roads for
contracts
involving 5,074 freight cars, costing $28,261,000."—V. 171,
p. 1566. '
i
1 -

Erie

trustee

From Jan. 1—

pired

1950—3 Mos.—1949r

*

(net)—

applicable

Gross

Equitable plan has been in
nearing completion with

•

,216,756

756,368

;

/.

f'•

from

Net

$1,983,886

appearing under this

revenues—

income

stock

of

railroad, Equitable leases the Diesels
of
15 years, giving the
railroad
the Society at the end of that term

are

1949

1950

1885.

;

from

Net

2,120,5^6
Divs.

continuing to lease all cr any of them for an additional term
up to 10 years,
Unlike the daily rental of freight cars, rentals on
Deisels will be paid quarterly by the railroads.
i Mr. Parkinson stated: "In the short span of two months during
signed or

'

Gross

348,053

those for the Florida Power & Light Co,

oper.

Other

of

or

%

.

t

1

•

Georgia Southern & Florida Ry.

;$2,331*939

87,530

—

unpaid

term

returning them

v

'

•

through the sinking fund
interest.
Redemption will be

railway

April—

Gross

—

Period End. Mar. 31—

from

out

received

are

period

to

manufacturer.

agreement with
for

period

a

and

the rentals for the locomotives

as

the

to

the Diesels

payment for
instalments over

Interest

carrier

option

down

equal
long

owed

Under

an

in
so

railroad.

-

balances
to

cash

90%

a

i

1—

—V.

* 1,075,877

Operating revenues
Oper. exps. and taxes—

in

similar to the freight car rental plan, Mr. Parkinson
explained, the Diesel purchase-lease contract of The Equitable is based

makes

$0,631

$9,381,858
420,314

4'V

,

railway—

from

$3,407,816

' 1,192,192

equip¬
are

Somewhat

j

331,051

171, p. 1667.

share

income—

Jan.

lrom

ry. :oper.

5,412

$3,045,455
of this Society will be ex¬
tended to include Diesel locomotives. Thomas I. Parkinson, President,
announced on May 31.
Several railroads and Diesel locomotive manu¬
ment

$237,630
,

1950

ry. 'oper.

$3,402,404

323,119

plan

car

$0.56

—

railway

Net

—To Purchase-Lease Diesel Locomotives—
freight

1948

331,051

.'■»■:

.

railway-

Net

Co.)

$1,073,862

—

earnings
are

Net

purchase-lease

1949

-

$0.49

25.—V.

t;

from

Gross

2196.

Equitable Life Assurance Society of the United States
The

tho

sale

natural gas

21,000,000

estimated, will cost $1,684,700.—V.

May
*

$214,685

mortgage bonds, 3'/2%
$1,197,000 principal amount

Co.,

Net

working capital and for general

1950—12 Mos.—1949

■

.

accrued

from

$4,976,829 $18,832,432 $18,798,361
3,903,776
14,905,923
15,395,957

4,271,308

Florida Power & Light

asked the Federal Power Commission to authorize

the

1950

$191,731

first

Net

Equitable Gas Co.—Plans New Pipeline Facilities—
The

of
for

1

/

'

Balance

1885.

p.

V

,

Georgia RR.—Earnings—

'

.

•

redemption

April—

;

2096.

p.

of

that

,263,469

$1,185,080

period

and

Georgia Power Co.—Partial Redemption-

•Pfd.

for

/

331,051

outstanding

common

171, P. 1394.

1,720,737

$5,449,493

Net: Income
divi
requirements

411,4154
12,604,307

,

16,276,549

6,723,162

railwayJ

391,337

14,242,654
4,967,096

\

15,181,354

per

12,525,267

1950—3 Mos.—1949

.

—/

10-day period
and the total

33,842

taxes.-

shares

Holders

:+

—-i;319,504

deductions

second

to

.

•'/

'

after

3,495,677"

v

to be used for

taxes—

income

Income

47%

25.

May

on

tho

over

1950

Buick

.

v—V.

1,168.832

i«5o

Gross

effective May

1

profit

Earnings

Corp.—Earnings—
(Including Georgia Power & Light

and

month

Quarter Ended March 31—
Net

1947

1,957,123

revenue—electric-

for
of

$2 ,388,883

3,534,018

exps.

40%

were

sales

Manager

dividends.—V. 171, p. 4.

-

.notified

Oper.

the

in

cars

the

171, tf. 2196.

•

From

:,

new

for

outstanding
common share-:.

per

."Sales

-Florida Power

/

May
total

pay¬

proceeds
named.—

1948

11,517,989'

Period End. Mar. 31—

of

General

'Georgia-Pacific Plywood & Lumber Co.—Earnings—

•:V:

are

days

boosted

Wiles,

L.

Railway Signal Co.—Earnings—

became

Net

1948

.

railway....

oper.

120

of over

May 12 publicly. offered 12,000 shares of
stock (par $10) at $25 per share.

...}, >

,

1949

From Jan. 1—

from

for

of

payments

on

The

20

and

year

Up 40%—

withdrawn its application before the FPC in which
proposed to build a 235-mile pipeline, costing $4,872,593, to serw
natural gas markets in Georgia and Tallahassee, Fla.
The withdrawal
notice

$3,083,500

367,046

corporate purposes.—V.

wat

The company has

Florida Home Insurance Co.—Stock Offered—Atwill &

Co.

15,463

cover¬

1949

714,512

railwayrailway-

1949

Georgia Natural Gas Co.—Withdraws Application—

of

$2,854,565

.

from

exceeii

to

it

Installment

bonds.

Operating income
$1,178,185
Other income (net)---- '
6,895

^*092,559

.

railway

from

Gross

number

average

■

■

not

Dec. 31,

on

shares.

common

offer

to

which

^

first

the

last

Ivan

total

After preferred

r

railway
Net ry. oper. income—
"*

♦

1667.

$2,674,519

income

than

205.

shares

■"Earnings

•

the

1950

oper.

is

value,

Net profit after charges and ta^es—
Common

Ry.—Earnings—

Net ry. oper. income...
—V. 171, p. 1885.

$5,179,501

$4,258,924

-

from

the

on

plans.

—

Elgin Joliet & Eastern Ry> -Earnings—

the

General

'

ry.

413,750

$3,701,829

of

directors

book

Quarter Ended March 3!—

completed
all

of

registration with the SEC

a

investment
may

in

Oper.

surplus..
2195.

p.

563,613

May 29 filed

month

per

From Jan. 1— '

common

and

171,

7

:

calculated

from

•

stock__

wholly

are

three

investment

requirements

preferred

Balance

~

$446,677

was

for

to 215,722.—V.

year

minority interests. The re¬
owned, are minor.
tEarnlngs

are

stock

on

Net

2,698,974

income

$5.60

•

tiro

common

less

of

which

railway
from railway:

1,676,287

16'4,000

tax

elimination

April—

$9,968,512

deductions

Federal

$1.00

171, p. 557.

Gross

88,531

•$877,385

sales

date,

sold

bring

'Common

$9,879,981

29,862

income

in

Florida East Coast

7,034

$852,655

income

$1.03

$13,938,836
$5.58

not

at

authorized but unissued

the

of

170, p.

period

to

Dealers

,.524,965

$15,079,268

1,470,758

approximate

Vice-President of General Motors announced
to

,

$2,667,829

ments in multiples of $100 for purchases

Mos.—194sT

142

...

at

retail

1949

unissued

'

r

outstanding during the periods.—V. 171, p.

The

to

are

$847,523

—

Balance

shares

Buick

authorize

to

of

directors,

provision that not more than 50,000 shares may bo
of 12 consecutive calendar months. As of April

a

intention

present

over

451,046

.

shares

period

any

corresponding

$14,914,397

~

*

....

$2,325,010

common

ing

devel.

and

516,890

the company's corporate structure
resulting in subsequent operation

1949,

subsidiaries,

share

■.

1

divisions

as

shares

$2,485,360 $29,571,828 $23,981,876
1,632,472
21,259,569
14,094,860

$3,020,991

revenues

.377,884

130,250

128,731

v

share

per com.

maining
per
-

(Del.) (& Subs.) —Earnings—
.1950—12

$15,974,042

proposal

a

200,000

officers and

General Motors Corp.—Buick Sales

52 Weeks Ended—-

$2,882,654

approved

9

exceed

to

including

$5.26 per share.—V.

Subs.)—Earns.

84,575

com.

—:

Dec.

stores

the merger.—V. 171, p. 1459.

1950—Month—1949

—13 Weeks Ended—

__

Net

'

The

50,000

May

on

not

there were

"■

In

and Edison

to

♦Simplification
on

,

V

a

be called for redemption immediately after

interests

stock

tEarn.

May 29 announced the issuance of an order authorizing
of this company into its parent, Metropolitan Edison Co.,

successor);

"

(&

in

1950,

■

on

merger

$0.39

First Investors Corp.—Registers With SEC—

Edison Light & Power Co.—Merger Authorized—
The

1,200,000

$0.40

Stores, Inc.

$2,953,741

applic.

2195.

p.

l

pfd. stock—

on

Bal.

common

an

1,240,880

$0.04

'

the new company proposes to take appropriate steps

relations with

1,240,880

7,

sell

to

employees,

value, with

issued

463,454

sales—

Minor, ty

Montaup,

preferred

of

Thereafter,

sever

retail

Net profit

,

.

stock.

stockholders

to

book
1948.

$5,361,545

495,575

and

Brockton and Fall River other
than
Brockton's and
Fall
River's
outstanding bonds, which are to
be redeemed by those companies.
EUA will be terminated and Brock¬
ton, Fall River and Montaup will be dissolved.
Under the plan, the
new
company
would Issue and sell
to
the public
senior securities
consisting ol $22,000,000 of first mortgage and collateral trust bonds
liabilities, of

,

1949

Apr. 29,'50 Apr. 30,'49
Apr. 29,'50
Apr. 30,'49
$79,661,415 $82,154,057 $356,058,378 $352,678,783
Net inc. after chgs...
4,775,889 "• 4,851,234 ■
25,017,610
24,881,586
Federal
income taxes
1,822,148 • 1,968,580
9,043,568
9,966,689

discharge
EUA;

V
$5,918,930

1

7

pres¬

stock

.

Net

provides for
acquire the utility

redeem

The

51,294

1048.

p.

thereof

date,

Fall
River, Montaup Electric CO.,
The new company would acquire a
stock of Blackstone Valley Gas &

company

and

EUA

at

*

latter

bonds

of

debt

all

the

company

assets

and
and

iwhich

outstanding

bank

considered

be

new

other

Co.

assume

a

and
Edison

issue

new

as

to

General Finance Corp.—Stock Purchase Plan Voted—
•463.

p.

$5,503,542

Federated Department
#

organization

properties
Brockton

remaining

stock

.

the plan,

of

171,

1950

profit after taxes

England Electric System the 118,161 shares of Fall River Electric
Light Co. capital stock held by it, at the purchase price of $65 per
share.
EUA will purchase, on the same basis, such additional shares
will

<■'

sales

—V. 171,

New

of

above.—V.

Capital shares outstanding..
Earnings per share..

Step

First

Ltd.,

:

Quarter Ended March 31—

reclassi¬

single

a

Co.,

directors

I of its plan
National Bank of

and

from

$9,375,000

Locomotive

Fedders-Qulgan Corp.—Earnings—

'■

loan

Canadian

Net

shares

; '

company

provides for

convertible

and

common

See

the

the liquidation and dissolution
acquisition of a minimum of 90%-

outstanding common stocks of its subsidiaries and the

fication

20

with

II

(2303)

Fairbanks, Morse & Co.—Diesel Contract—

June

on

compliance

for

directing

1950,

4,

the

in

or,

Associates—Hearing

issued

the

of

The Commercial and Financial Chronicle

;

.

.

n

■tnr'

Gross

Net
Net

from

from
Ty,

railway

railway-

oper.

income

♦Deficit.—V.

171,

p.

1886.

2,986*86®

1,300,03&.

12

The Commercial and Financial Chronicle

(2304)

departments

Granite City Steel Co.—New President—

two

John

N.

Marshall,

President

succeed

to

of

Chairman
N.

the

Randolph,

B.

also been
retired because

board,

elected
of
Ill-

has

who

at

health.

B.;

George

Schierberg,
succeeded Mr.

committee of which Mr.

Executive

Vice-President

Randolph

as

sists

Secretary-

and

of

member

a

the

Marshall is Chairman.—V. 171, p. 2097.

April—
from

1950

Gross
Net

from

Net

ry.

railway...

railway.....
income..

oper.

1949

Gross

from

Net

from

Net

ry.

•Deficit.—V.

1948

3,769,597

3,636,220

held in

1,871,237

2,336,794

59,673,564

59,017,284

201,034

5,539,104

9,356,016

•1,180,935

2,278,104

3,093,498

The

from
ry.

railway
railway

$296,573

$268,435
50,067

85,866

19,843

11,350

p.

$268,837

66,363

43,793

40,875

.

Net

from
ry.

—V.

1,186,543

1,185,215

267,029

348,379

301,219

178,296

77,516

113,147

Central

Vermont

Operating

Oper.

May

on

the

Gulf Mobile & Ohio

from

railway
income.

oper.

1,466,835

1,415,590

593,848

541,715

...

'

...

$6,356,940
1,624,997
659,161

23,098,819

24,658,045
5,655,043
2,215,560

2,075,091
■

Common

—V.

the company's general funds and

to

of

of

letter

a

notification

stock

common

(par

with

$25).—V.

shares

—V.

$89,265

$1,103,978

88,833

80,914

1,019,813

$5,223

$8,352

$84,165

$69,240

2,161

1,982

19,685

oper.

Oper.

15,213

income

charges

i

$7,384

$10,334

$103,850

265

310

3,810

$7,119

$10,024

$100,040

*87,521

capita)

per

letter

share.

$90,052

•Income

$462,575

$6,744,296

$2.04

filed

was

Heat-O-Matic, Inc.
announced

was

1,070,561
41,026

786,856
43,396

"

2,273

4,208

Net Income —
Preferred dividend

$438,073

$395,368

$5,632,709

$4,878,892

902,600

753,000

requirements

from

coal,

la.—Files

•Net

With

to

stock

common

shares

$4,730,109

with

SEC

the

May

on

10 covering

issue

Power

$1.74

sell

at

bonds.

issuance

sales

and

mits certain

•

•

bidding

$13,000,000

in
»'

conditioned, however,

was

be

not

consummated

connection

with

the

provide funds required to complete its
other

corporate

-

.

.

to require that

until

the

the

sub¬

company

competitive bidding and until

purposes.—V.

1950 construction

171,

and

program

1993.

p.

G.

;

H.

Buck has

30,

June

1950,

been

to

appointed President and

succeed

H.

L.

Deforest,

a

who

Director, Counsel and Vice-President.—V. 171,

Director, effective

will

continue

949.

p.

as

Period End. Mar. 31—

Operating
Oper.

1950—3 Mos.—1949

revenues

exps.

;

"

taxes..

and

$298,430

216,313

income..

oper.

224,326

*'4','

at

Net

will

in

171,

taxes

$82,117

■

•

: t

$1,106,982 v $858,722
'}'■ 848,053
689,584

$60,365

'

1:3,319

-

r

-•

$85,557

;

deductions

>

$258,929

$169,138

11,806

13,182

$63,684

$270,735

24,361

•

98,509

26,661

t:Net income.

$58,896
'

»

170, p. 2436,

;V'

.

$182,320
63,953

$39,323

$172,226

$118,367

*'

i

if

Debentures Offered—The

—

National

Bank

of Columbus.

callable

are

than

through

30

o:i

the

The debentures

the

notice
of

as

the

a

whole

sinking

or

fund,

In

at

prices

sinking

also

are

fund

PURPOSE—The

subject to redemption through the operation
pr.ces ranging from 104 to 100. plus accrued

at

n°t

proceeds will be
unsecured

used

notes

the company with additional
working
*aid $190,000 was used
by the

and merchandise

for

CONDENSED

for the

following

payable, and

purposes:

(b) to provide

capital.
A substantial portion of
company to purchase fixtures, equipment

the

new

INCOME

store at

Toledo, Ohio.

STATEMENT

FOR

oversubscribed.!;
Transfer

agents

Co., New York,
of Chicago.

1946

$3,036,188

$2,543,872

$2,441,291

2,434,833

2,048,202

1,980,912

596,141

580,110

488,462

32,500 shares of

operating profitCash disct. & other inc;

$105

per

accrued

tions

$21,246

$7,208

$14,185

39,812

36,796

31,119

31,243

J.

P.

$58,042

$38,327

3.502

$45,428

3,432

215

23

34,154

21,122

13,143

16,687

Prpv. for income taxes.

a

$51,786

$33,487

$24,969

$28,718

HISTORY—The predecessor of the
company. The Lane Drug Co
was
Incorporated in Ohio on Oct. 15, 1926, and its name
was changed
to
Hart Drugs, Inc., in 1938.
During 1943 the Hart Drug Corp., an Indiana

corporation,

the company

was

merged

was

company

again

is

with and

changed

engaged

in

into

the

8ale

£andy, cigarettes, cigars and other
pliances,
Marts,

Hart

Nov.

on

Drugs, Inc.

The name of
1947 to Hart Stores, Inc.

12,
of

drugs

tobacco

and

drug products,
products, electrical, ap¬

toys, and various items of men's wearing apparel
ties, etc.
The company operates two stores in

such

EvansviHe

like

notice

the

on

?£LStfreJi? 4Le*}"g^0n' Ky
itore in
Flint,

Mica,

The

»

one store

company




in

also

of

City.
operates

Mich., and one
drug and sui*try

The

Morgan

1,995,233

Co.

Incorporated,

Chicago. Registrars

Idaho

net

for

be

now

loans,

capital

of

the

in

will

retire the

whole

proceeds

be

It

is

used

will

be

used

to

increase

the

presently expected that this additional
lending to the company's customers

of

to reduce short-term

bank loans

in¬

construction

obtained

not

offered,
in

electric

from

electric

industrial

and

:'

.

in

;

•

1962

and $5,000,000

sinking fund debs.,

Preferred

3%%

stock

in

preferred
tCommon stock

29,864

->

100,000 shs.

(no par value)

funds.

t$12

In

100,000 shs.

—

stated

treasury.

value.

Of

the

4,600,000 shs.
Number

of

authorized

2,767,597 shs.

shares

but

is

exclusive

unissued

of

incorporation,

as

by each,

shares

are

as

of

the

4%

4%

Blair

••The

First

Goldman,

-Parsons

Boston

Sachs

fixed

&

&

Co.

„_

Inc

5,000,000.
10,000,000

($100 par val.):

12,000,000
200,000 shs.

165,000 shs.

1,800,000 shs.

($20 par value)
first

t

*

:

stock—

of

-

$18,000,000i

v

900,000 shs.

mortgage bonds issuable is limited

of $100,000,000 (or such

tCommon

stock

shares

1,800,000

within

the

other maximum amount

as may be
and by property, earnings, and other
second supplemental indenture thereto.

capitalization

increased

was,

annual stockholders'

at

from

900,000

meeting held

May

shares

3,

to

1950.

UNDERWRITING

ARRANGEMENTS—The company has entered into
underwriting agreement with Wegener & Daly Corp., Boise, Idaho-,
underwriter, under which the underwriter has agreed to purchase

an

the
is

10,000 shares of the preferred stock now offered,
option to purchase 10,000 additional shares of such
may
be exercised by the underwriter in whole

company

granted
Such

an

option

in

or

part, at any time or
10, 1950, or prior to the

July

from time to time, to and inclwlinK
expiration of any extended date agreed
-v.

&

are

at

the

of

members

the

initial

commission

National

public
in

not

Association

of Securities Dealers*
and to pay to such dealers
share.
Such offering is for
accepted by Wegener & Daly

offering

price

of

per

excess

$1

delivery when, as and if issued and
under the underwriting agreement and subject to the
legal proceedings by counsel and withdrawal, cancellation

Corp.

approval
modi¬

of

of

fication

Wegener
mission

and

the

offer

Daly

&

without

Corp.

to dealers.—V.

notice.

may

vary

After

the

the

offering

initial

price

171, p. 1994.

or

public offering
and the com¬

;

Illinois Terminal RR.—Earnings—

cer-

and

the

purchased

&

Shares

Eacon.

Centra] Republic Co.

1950

from

Net

from

Net

ry.

$961,291

211,188

—

210,513

1948

1949

$925,606

railway

railway

1947

V

$1,054,314
354,959
~ 170,019

$937,621

3,717,981

505,793

90,948

97,465

3,471,412

3,907,621

railway——

574,726

873,568

income—

233,091

421,523

243.19*

4,146,191
1,252.166
579,189

income—

oper.

from

2,300

Net

from

(Inc.)

2,300

Net

ry.

(Inc.)—

2,300

—V.

Kebfcon, McCormick & Co._

4,700

Alex. Brown & Sons

1,400

Equ.table Securities
Loewi & CO

4,700

Whipple

&

Co

Corp..

99,855

The

Spencer Trask & Co

1,400

Blunt Ellis &

2,800
&

Co

1,400

Simmons

Michigan Corp

1,000

Julien Collins & Co.

700

r

——

2,800

171, p. 2097.

2,800

2,300
" * "

Johnson,

.•

sales

Profit

—

before

income
Federal

Federal

taxes

income

Lane, Space
Co., Inc
Mason-Hagan, Inc
Kuhn, Loeb & Co

and

-/ Net

profit

Common

700
70G
.

6,800

*On

per

1947

,

-

;

-

"

:

t

-

.

37,403,000

59,479,000

41,041,000

14,000,000

22,000,000

12,522,000

17,940,000

23,403,000

taxes—

—

shs.

Earnings
•1

1948

$

438,731,000 482,774,000 433,889,000 342,211,000

37,479,000

28,519,000

34,871,000

12,740.397
$1.61

12,737,097

4,245,699

700

The Illinois Co

Webster Securities

Net

Subs.)—Earnings—

1949

1950

••O'-..'-

1,200

First of

Mhwaukee

1,129,685

1886.

p.

6 Mos. End. Apr. 30—

1,400

2,800

oper.

171,

International Harvester Co. (&

1,400

•*,

2,800

Jackson

railway

2,300

Graham,

Co

—

also V.

Gross

Harris, Hah & Co.

2,800

A. C. Allyn and Co., Inc..:Bee

be

Outstanding

t :

M

—

provisions of the mortgage and

4,700

Co..

Co

Webber,

Corp.

to

:

by supplemental indenture)

6,800

Corp..:—

&

Noyes,

Hutton

Curtis
Stone

agreed

13,650

Forgan & Co.______

Paine,

stock;

13,650

Co

Becker &

Hemphill,
W. E.

1977—

cumul.

amount

4,700

&

Smith, Barney & Co
Glore,

preferred

underwriters

Authorized

-

appliances.
FINANCING

*

April—
several

of electric

PRESENT

shares.

Sii&rcs

Blyth & Co., Inc

G.

stock

preferred

Nevada.

From Jan. 1—
■»

Higginson Corp
Kidder, Peabody & Co

A.

the

sale
TO

1973————

due

northern

follows:

^

William

of

the

EFFECT

:

in

farm, commercial and
municipal and other cus¬
Incidental to its business, it also
to

1978——

Gross
of

GIVING

extent

residential,

public utilities.
with dealers in

due

tCommon stock

amended.

names

to

wholesale

at

1979

Preferred
-

a

320,000 shs.

_

129,667 shares are issuable by the board of directors to officers
employees under the provisions of Sect.on 10 of Article 4 of
the
titicate

retail

at

and

due

who

25,000,000

stock.

Maine

parts

small

due

Inc.,

15,000,000

25,000,000

due 1971

of

time

has been advised by Wegener & Daly Corp. as follows:
Daly Corp. proposes to offer the preferred stock to retail
purchasers, at the initial public offering price, and to security dealers

25,000,000

15,000,000

sale

time to

The company

*10,000,000

25,000,000

of

the

primarily in the irrigated
of Idaho, and in
the

operates

a

upon by the parties.

*5,000,000

*10,000,000

to

series

Wegener

1968

stock

shares

;

*86,130

*5,000,000

($100 par value)

preferred

4%

Outstanding
$78,775,670

*5,000,000

4

sinking fund debentures, due 1964.
sinking fund debs., due 1970

2%%

Authorized

$106,200,000
w_

promissory note, due 1960
promissory note, due $5,000,000

3j/2 %

3%

r

...

1950 is
the cost

year

of

is

bonds

series

stock.

States

the

balance

proceeds

in

It

central

and

series

from

3Va%

energy.' It

cooperates

series

23/«%

and

year:' *'•

The

,

affiliates.

or

2%%

CAPITALIZATION GIVING EFFECT TO NEW FINANCING
one

future

3%
-

and

Canada

Boise,

from short-term interim
financing through the issue

incorporated

was

service

customers

mortgage

3Vb%

t-.

as

maturing within

if

Idaho.

Association,

for

program

$8,173,500.
from
the

additional

Oregon and

CAPITALIZATION

Bank

other loans,

National

Boise,

company's treasury,

southern

of

including

tomers,

course

United

the

It. sells

sells

and

power

of

part

usual

of business.

Bank.

will be supplied from funds from

the

subsidiaries

eastern

one

year under the company's established lines of credit
provide additional funds for lending to customers in the

to

National

Idaho,

of

approximately

and

no

sections

for

or

First

on
May 6, 1915.
qualified as
a
foreign
corporation to do business in the States of Idaho, Oregon and Nevada.
Company is an operating electric public utility engaged principally
in the
hydroelectric generation, transmission,
distribution and sale

issue

working

at
per

share

or

maximum

of business

course

within

order

net

company.

capital

1951, sufficient to

$105

state

has

1st

years.

notice

per

will be used for additions to the
transmission and distribution
facilities.
The

Co.

31, 1951 and 1952; with successive reduc¬
optional and sinking fund redemption prices.

$104

.

New-York,

on or before July 1, 1951;
sinking fund at $103 per share, plus

the

days'

dividends:

1954;

proceeds

company's

to

therefor

debt

It

Bankers Trust

are:

31,

30

on

accrued

case

Dec.

equity securities and combinations thereof.
The company
at this time what form additional future financings will
take, as this will depend upon market and other conditions which,
may exist at the time.
;
'
'

t.;

b

each

before

Security Bank

program,

cannot

Dec.

respective

approximately 50

as

Ind.

1,995,233

1948

$14,210 loss on sale of

at any time

part

in

or

production,

the

this

bank

share, plus accrued dividends,

*

__

' $122,118

tGlves effect to

in

or

,

sinking fund, beginning in

in

The

r

profit

of

available

„

Lee

$89,442
expense

First

company's

(no par value)
the underwriters'

and Continental Illinois National Bank and Trust

dividends,

in

number

$49,630

Total

Net

stock

preferred stock Is redeemable at the option of ;the company,
in whole at any time or in part from time to time on
30 days' notice,

i'

Interest

common

* *v.i*

_

are:

UNDERWRITERS—The
Net

1949

$15,664

1,995,233

plus
on

PROCEEDS—The

of

The 4%

446,194

expenses

1950

+$99,074

—

Idaho.

cost

<

"

•Canadian

1947

2.547,553

sales

Operating

be

whole

prices

agent,

Registrar,

stock (par $100) made on May 16 at $102 per
plus accrued dividends from May 15, 1950, by a
group of underwriters headed by Lee Higginson Corp.,
Kidder/ Peabody & Co. and William Blair & Co., was

of

1948

$3,193,324

(net)
of

Manufactured

produced solejy from the processing mill
in Culmerville, Pa., the offering circular
purchased by Heat-O-Matic, Inc.—See offer¬

ferred

CALENDAR YEARS

1949

Cost

$166,377

thereafter.

Transfer

is

2%.%

retirement of $190,000

Sales

the

Household Finance Corp.—-Offering Oversubscribed—
offering of 100,000 shares of 4% cumulative pre¬

part,

interest.

(a)

control.

from

The

■'

Ohio, is trustee.

days'

operation

ranging from 105 to 100, plus accrued interest.
of

thermos-tatic

produced

in

redeemed

BUSINESS—Company

working

publicly offered $250,000 12-year
5% sinking fund debentures, dated
May 1, 1950 and due
May 1, 1962, at 101 and accrued interest.
Debentures

$390,680

bonds.—-V. 171, p. 1993.

.

:

and charges.

following

share

purchased from the company and offered to
(headed by The First Boston Corp.) at $30 per share, 5,962 shares are
being offered by the company at $28 per share to its "unlimited time
executive
personnel" and no underwriting discounts or commissions
will * be paid with respect thereto.
See further details to V. 17h
p. 2196.

curred

; Hart Stores, Inc. (Ohio)
Ohio Company in May

The Ohio

heat

being

in the usual

:*

under

sell

The preferred stock is also subject to ratable annual retirements
through

earnings

otherwise

5204154

Wegener & Daly Corp. publicly
20,000 shares of 4% cumulative preferred stock
($100 per share) plus accrued dividends from

par

the

1148.

p.

PROCEEDS—The
*—V.

519,599

$42,054

$47,173

-

Redeemable

(Joseph) Home Co.—Stock Offering—

•

V

Income

mill

redeemable on

'

Non-operating income.. ;..w> ' 3,440 .".
'*■

36,944

:

9,242
v

interest on adjustment Income

-

estimated

at

Net

.

23,671

129,973

5,633
129,877

May 1, 1950,

Corp.

and The First National Bank of

1950—12 Mos.—1949

$284,691
,

a

;

Hamilton Gas Corp. (& Subs.)—Earnings—

*■<

$317,533

income

loss

offered

share

Hackensack Water Co.—New President—

..

fuel

In addition to the

this company
30-year first

May 26 authorized

on

,

shall

data in

v.

$1.68

the Commission by subsequent order approves the coupon rate, the
price to be paid, and the initial offering price, if any, of the bonds.
The company plans to use proceeds of the issuance to
reimburse its
treasury in part for construction expenditures heretofore made and to
for

$105,248

charges

securities

competitie

-

This

...

Commission

The FPC authorization

r

$78,677

Idaho Power Co.—Further Details of Preferred Stock:

2,461,299

share

common

and

2,747,377

$77,071

—

capital assets.—V. 170, p. 6,

Offering Completed—It
Graham & Co., Pittsburgh,

will

company

fuel

Coalomat

ing

$4,125,892

2,719,899

outstanding

FPC Approves Bonds—
to

$3,064,910

3,072,772

Number of' capital shares

Stock

—

the

triturated

Williams

states.

mortgage

$3,178,020

690,048

Hupp Corp.—Earnings—

June 1 that

on

Organized In 1949,
burning of triturated
of

Federal

$768,725

765,136

taxes—

$1.78

Graham, Ross & Co., Inc., New York, N. Y.,
have completed public offering of 99,800 shares of com¬
mon stock at par ($3 per share).

$5,709,144

64,934

100.610

,v

per

$842,207

revenue

•Exclusive of

'■

of notification

1950—4 Mos.—1949

2,530

I

u._

RR.—Earnings-

1950—Month—1949

Offering—On May 5,

22,576

$542,691

(net)

$0.19
'

and

exps.

redeemed

The

$0.07

20,812

participating interest in the company's profit sharing and retirement
under which eligible employees can deposit between $30 and
in any one year.—V. 169, p. 1667.

5,686,568

3,744

141,289

f

$1,897,671 $26,008,607 $23,357,107

T2.097

$6,063,086

52,816

4—

share

per

1949

1950

$6,634,147

—

taxes

Hudson & Manhattan

$300

6,729,083

*3.58

'

Period End. Apr. 30—

plan

458,831

inet)

amort,

Earnings

$3.91

—.

-

after

profit

•After

1950—12 Mos.—1949

544,988

*

.... ...

Applicable

1,482,153

outstanding

Quarter Ended April 30—

$1,123,140
1,053,900

171, P. 557.

A

$2,146,533

389,588
$4,398,143
1,228,837

1950—12 Mos.—1949

Hawkeye Casualty Co., Des Moines,
Securities and Exchange Commission—

23,208,346
'5,626,510
1,931,415

2,224,168

389,588

for the period—

171, p. 1358.

Earnings

1950—Month—1949

income
income (net)

Earnings

522,666

Co.—Earnings—

Other deductions

.

1,563,761
$4,787,731

to pfd. 6tock

Sales *

Pa., and

Common

1,736,496

$6,191,917

Hoving Corp.—Earnings—

the

170,

$94,056

income

Net

;

1950-^Month—1949

revenues

Balance

•

131,096
$318,079

$5,802,329

Non-operat.ng

a

and

152,806
$465,415

Operating income

1,392,270

5,978,554

Gulf States Utilities

Int.

deductions

income

Gross

$5,825,082

25,536,799

5,259,765

.

Period End. Apr. 30—
Operating revenues
income

241,061
$6,351,492

Quarter Ended March 31—

from

operating

17,349

$7,928,413

•1947

1948

•

$6,058,071

J0rl90

$449,175

.

oper.

Interest

1949

$5,903,030

...

2,787

$618,221

net——

income..

Earnings per ccmmon share——

Corp. above.—V. 171, p. 2196.

50

1

railway..

railway
Net from railway
Net ry. oper. income
—V, 171, p. 1886.

Net

$6,110,431

Balance

From Jan. 1—

Other

$7,911,064

Dividends applic.
;

maximum number of shares of¬

deductions—

Non-oper.

RR.—Earnings—

,

from

Gross

$449,365

Net deficit

I April—

ry.

The

filed

18

shares

2,490

"

Net

to employees
part of the 2,490 shares of common
by it for the purpose of sale to
oifered at toe price ol $47 per snare

be added

revenues

rev.

Gross

Net

Net

136,550

Public Service

22,315,748

$615,434

income

Income

1886.

p.

23,499,908

revenue—

oper.

—V. 170, p. 5.

Green Mountain Power Corp.—Offer for Assets—

Gross

Other

Haverhill Gas Light Co.—Earnings—

Net

See

333 shares

Net

1,018,946

income

oper

171,

1,160,122

386,063

railway..__
railway
■

1,784,656

held

1950.

Period End. Apr. 30—

from

Net

company

covering
1082.

1947

1948

i

From Jan. 1—
Gross

Net

is 10 shares.

proceeds will

$31,410,972 $28,426,179

$2,234,021

1,843,088

are

(par

any

or

are

30,

1950—12 Mos.—1949

1950—Month—1949
$2,458,522

deductions—

rev.

general coiporute purposes.-

SEC

1Q49

$290,038
98,344

income.—

oper.

The

-Earnings—

19E0

from

Net

4,400

Monday, June 5, 1950

.

171, p. 1993.

now

shares

These

net

lor

all

company

up to 5 p.m. on June
fered to any employee

1886.

Green Bay & Western RR.-

the

ol

employees.

53,647,900
8,845,603

*6,566,405

V

April—

Net

which

ol

par),

.

Lighting & Power Co.—Earnings—

revs.—Electric—

Oper.

this company have authorized the sale,

its active payroll, of

on

stock

used

Gross

(no

and 5,300 shares of class A common stock

the treasury.—V.

The directors of

4,204,299

2,007,949

52,024,258

_

_

p.

capital stock of the company con¬

stock

common

Oper.

Hartford Electric Light Co.—Stock Offered Employees

1947

74,845

.*

171,

of

Houston

Period End. Apr. 30—

•:

Gross

•1,547,442

..

income..

shares

Ohio, and
is located

warenouse

.*■'

$13,170,121 $17,546,235 $16,639,067 $15,959,335

..

railway...

railway

oper.

7,000

and outstanding,

company's

'•

,

kv. >V.

: '• *

From Jan. 1—

,

Tne

stores.

•••;'/;

$75), of which 1,002 shares are issued and outstanding and
are

Great Northern Ry.—Earnings—

of

issued

executive

in Columbus,

Big Bear Stores

of the

Ohio.

CAPITAL STOCK—The authorized

Treasurer,

.

three

in

department

Junior

Toledo,

.

outstdg
com. sh._

$2.72

-

52,811,000

4,245,699-

*$6.04

-

.

adjusted-basis giving effect to the, three-for-one split on
May 13, 1948. the earnings per-share would be $2.01 in-1948 and $2.5E

in

~an

1947.—V.

171,

p.

1261.

.

.

.

Volume

Number4913

171

The Commercial and Financial Chronicle

y

.

.

'

International Hydro-Electric System

Bartholomew
SEC

Brickley,

A.

authorization

for

of

(86.55%)

shares

the

of

bentures

ing on June

1950.—V.

8,

Period End. Apr.
oper.

Net

First

mortgage

3%%
3%

*4%%

secured

ry.

ops._

an

modified.

Telephone

tThe

The

of

election

1944,961

outstanding

4%%

debenture

Service

held

are

in

'■ ■'

■/'■

V.

12 Months Ended

Co.—Earnings—

Net

Colton

General

Federal

Colton

B.

Roger

Inc.,

President

income

Gross

announced

Laboratories,

income

;

:

PROCEEDS—Net
funds

of

loan;

to

the

used

and

to

additional, working

part

a

such

of

funds

the

Canada...-.Vy.;

Consolidated

totaled

$10,663,397

(Canadian

and

i

net

'CAPITALIZATION

'i,',,,V;
31%%

.

on

stock

due
$5

ipar

Canadian

^

3Vfc%

bonds,

series

4%

April

due

redeemable

Cumulative

series

Ordinary

A,

sinking

B—3la %

Series

*

cumul.

—. .

(par

shares

due

June

1,

B,

3*3%,

due

Dec.

1,

1974

redeemable

pid.

stoek_

$748,324
381,073

$85,725

$67,017

1950——

April 30,

share.

$695,559

$1.96

$2.18

^

,

319,331

COfp^Tft Expand Storage^FacUitied^—

the

construction

M

—

and

ordinary

owns

all

Canadian

shares

the

of

outstanding

j.

Y.Ay'-V"■'■

to

Fuel
*.1

National

Co.,> its

Gas
r'

Utilities

and

265

names

of

and

...

principal

respective

forth

Butcher

amounts

Equitable
Goldman.

Securities
&

&

Corp.
Co

of

Peabody &
Kuhn, Loeb & Co.^

the

to

underwriters
be

purchased

by

more

may

than

also plaee
companies

in

10%

companies

or

Bruns,

Nordeman

a,- portfolio,'made; Up of
stocks without limitation as
any such class of securities,
of the securities of any one
.

limited amount of its net assets
which appear to be in a position

a

171,

p.

;

1785.

.

/

5,155.809

Other

100,000

Inc.

50,000

Southern Securities Corp.,
Barrett & Company—.

50,000

&

Brooke

100,000

E.

'

R.

&

Glover

Wm.

Leonard

&

Lynch 100.000

Inc
&

Co

&

P.

Inc.

MacGregor, Inc.
Harper & Son &

Putnam

5,196

$3,728,941
3,807

$1,099,496

$4,384,987

$3,732,747

442,358

1.816,088

1,780,900

$657,137

$2,568,899

$1,951,847

Co._

White

171,

p.

$624,019

2098.

May

011

16

1950

from

from

Net

ry.

25,000

railway

1948

1947

$491,647

$467,953

201,597

236,070

234,149

152,937

railway—

56,322 !

88.619

113,796

1,917,964

1,381,954

1,712,435

790,962

896.032

859,222

906.968

332,384

income—

oper,

1949/

$444,095

373,437

325,644

436.576

84,077

a

of

ietter

common

of notification with the
stock to be offered at

share), the proceeds to be used for equipment,
mineral
exploration,
working capital and
the
purchase of
leases,
royalties or producing properties.
No underwriting.
(10

par

cents

Gross

from

from
ry.

1,669,630

railway

railway..——

171.

p.

In

order

to

meet

the

increasing

demands of

customers and
in an ex¬
to construction
are necessarily subject
to many uncertain factors, Including costs and;
availability of labor and materials, but it is the company's present
estimate that construction-requirements will amount to approximately
$6,500,000 for 1950, and $5,800,000 -for 1951; a total of $12,300,000.
serve

prospective

construction

customers,

program.




the

company

Forecasts

with

present

is

engaged

respect

*—...

•

300.176
$1.41

to Sept. 30, 1948, of 1384 Broadway, a
tExcluding treasury shares.—V. 171, p, 1262.

Lehigh & Hudson River Ry.- -Earnings—

Gross

from

Net

from
ry.

Grcss

from

Net

from

Net

ry.

y
'

1947"

1948

•

•

income

$231,713

58,697

54.657

18,803

38,042

885,166
221,259

::

63.475-

953,327
220,217

50,341

<

$287,091

80,010

26,079

railway—

railway—.

oper.

1949

1950
j
$253,772

*

50,423

1,161,073
V 340,168
.100,219

$252,658

'

8,067 <

1—.

railway.^—.

•

.

railway.—^
income—

oper.

17L p.

-

-

1,122,727
360.779

116,925

V

'

T"

Lehigh & New England RIL—Earnings— -;

1947^

V .-'
;
^
1950
1949"V •* w - 1948
railways^ «^.A659»858 ^ . $692,514 ' $694,709
railway.—^ 252,002
223,309
f 191,899
Net ry. oper. income^.- > •.-■ 167,233 *138,853
110,912
V.'"' From Jan. 1— ;v,'-;ia■1" 'A' '• ,. * ;■.«■>"{.
Gross from rallway_^_«..J2,153,562 .
2,112,775 " 2,575,497
Net from railway^.
603,183
^03,993 ' " 693,870
Net ry. oper. income—
<
447,953
^ 270,984
V 382,329
—V. 171. p. 1887..,",:;:4 ■'

Gross from

$630,432

.

>

from

Net

Lehigh Vaitey. RR.-r-Earnings—

Net

from

Net

ry.

1949

1,314^30
812,600

23,343,201

„

Income-

oper.

1943

$6,010,337
1,26G,754
695,305

20,640; 454

railway^
railway—

221,125
129,039

;• 362,425

1

w

'J

'

-

..

$6,134.72*
1,319,921
509,63*

.

from

Net

from
rv.

railways-

-

—V.

f;l,684,65*

income-

oper.

171,

1887.

p.

i:

Federal

company

Court

170,

Birmingham,

at

Ala.,

on

$5,994,991 A

955,000

<"'228,455
t

v-^(i

I

p.

19 declared this
reorganize the cor¬

1803.

:

t.

Life Saver Corp. r.< Sc

Earnings—

Su bs.) -

.
'

Quarter Ended March 31^-<

:

1950

'■;>

700,23d

i

$0.69 -i\
$0.69

,,

''

•

$0.67

"

$543,870

$472,624

700,230

Earnings per share-

1948

1949 '

•

$483,446

profit after. Income tax-———:
Capital shares outstanding
—

Net

::700,280;
C-

J

$0.78

'■:,V.

Co.—Registration Statement Effective—

10,002 shares of common stock
17, following which these shares
oiilcrs and employees of the
company and its subsidiaries at an initial offering price of $61 -per
share, which price is subject to change by action of the board of
directors.
On all shares sold after Dec. 31V 1950, and prior to April
1, 1951, the sale price will in no case be less than the book value of
the shares as of Dec. 31, 1950.
The offer to sell the shares expires
April 1, 1951. The book value of the shares as of Dec. 31, 1949 was
(no

were

registration statement covering

par) became
offered to

$60.37

price

effective on

a

selected

May

group

of

share.

per

offering

.'

.

at $61

per

share Is below

the current quoted market

common stock.
900,000 shares of common

the

of
the

outstanding as at March 31,

stock authorized, 819,855 shares
1950.—V. 171, p. 2098.
il

Long Island RR- -Earnings—
April—
Gross

from
ry.

Gross

from

from

Net

ry.

'

1947

1948

1949

$4,185,547

$3,914,239

538,854

572,336

88.210

$3,555,661
312,422

176,320

•144.692

•745,704

*486,028

14,673.781

15,111,480

15,233,716

13,663.491

*

income—

Jan.

*

$3,963,092

railway

railway——-

oper.

Net

1950

''

c.'

from

Net

1—

railway

873,422

*556,673

*141.477

657.012

♦1,971,739

♦3,477.552

♦3,435,544

♦2,489,840

railway

income—

oper.

♦Deficit.—V.

171.

1887.

p.

Louisiana & Arkansas Ry.- -Earnings—
m? 0

April—

Increased—

quarterly dividend of 35 cents
per share, payable June
shareholders of record June 20,
1950.
This in an increase over the quarterly rate of 25 cents per
share that prevailed during 1948, 1949 and first quarter of 1950. .»
During 1949 the company paid four quarterly dividends of 25 cents
and a year-end extra dividend of 50 cents, making a total of $1.50 for
the

directors

year.

on

declared
30, 1950, to

25

May

'

$1,569,605

ry.

income—

308,459

258,819

6,366.471

6,118,367

2,612,810

2,177,556

1,249,075

1.029,644

from

oper.

6G0.688

from

Gross

Net

from

Net

ry.

railway.;—

railway

oper.

171, p.

income—
1887.

of

1701.

a

$1,294,158

6,242,563
2,619,075
1,091,478

5,159.010

514,391

•

203,068

2,045,963
846,619

Louisville & Nashville RR—Earnings—

.

.

April—

1947 1
1950
1949
1948
$15,108,489
railway—_ $15,618 282 $15,607,378 $14,397,702
2388,301
2,838,893 ,™ 2,4 J7.887
.
988.015
railway
1,246,695
1,442,560
1.216,115 135,720

Gross from
Net

from

Net

ry.

oper.

Gross

from

income—

1—

From Jan.

58,690,603

railway
"

p.

<

$1,673,273
722,461
' 294,539

a

permit, considera¬
year-end extra dividend for- 1950 will be in order.—V. 170.

Ralph L. Dickey, President, stated that if earnings
tion

1947

1948

1049

$1,555,404
557.840

railway
from railway——

Gross

—V.

Kelley Island Lime & Transport Co.—Div.

■

25^88,927

From Jan. 1—•

May

Two offers have been made to

bankrupt.

poration.—V.

Bankrupt—

"

23,854,46*'
4,267,584 f 4,074,672 '.<< 4;262,668'
1,852,347
2,003,113 ' 1,281,529

3,870,225

railway^—

"'A

V'

1947

...».

From Jan. 1—

Gross

/

2,106,538 "
604,339 ,

"

1959

$5,466,904

.

from

Net

income
1887.

per

Interstate Power Co.—Construction Program—

to

*$423,143

223,154
$1.11 .;

-

Net

oper.

Keller Motors Corp.—Declared

The

tensive

$248,670

taxes..—__1„—.
—

1949

-T

From Jan. 1—

Net

filed

shares

''

1950

:

,

,

operating results

April—

From

Ry.—Earnings—

$395,501

April-

Net

1,000,000

1

Net

The

company

♦Includes

,

,

17 filed a letter of

May

on

Kansas Oklahoma & Gulf

—V.

covering

lijO,

'■

Co.—Earnings—

wholly owned subsidiary.

Of

notification with the SEC
covering 300,000 shares of common stock to be offered at par ($1)
per share).
The proceeds will be used for plant rehabilitation and
working capital.
No underwriting involved.
The company

Carson City, Nev.^—
Files With Securities and Exchange Commission—
The

$2.93

$3.22

outstanding.—V.

stock

•

Net

2197.

,

Interstate Oil & Development Co.,

SEC

capital

of

shares outstanding—.
Earnings per share

were

25,000

25,000

473,611

income—

Gross

100,000

Co..

$4,379,792

deductions

25,000

George
&

516,800

$743,963

;'

Kansas City (Mo.,) Dieed Cream Co.--Files—

25,000

&

Watson

567,000

taxes
"•

'■■■■ •

:

shares

profit alter charges and

The
Net

25,000

Montgomery Scott &

$1,097,863
1,628

$1,097,630

income

Gross

25,000

——

Miller

100.000

100.000

25,000

!

Co.

Piper, Jaffray & Hopwood

50,000

Co.,

Davenport & Co

100.000

Co.,

Co.,

■

tCapital

Link-Belt

{

1950—12 Mos.—1949

704

Income

Income

100,000

Inc.

Pitfield

'

.•

-v. 110. p.

:

$5,837,480 $24,094,574 $22,425,495
4.739.612
19,714,782
18,696.554

$6,252,735

revenues

$1,096,926

Scribner 100,000
Co

Gundy & Co.,

C.

1950—3 Mos.—1949

and taxes—

100,000

100.000

—

Co

&
&

Battles

&

p.

Co.;

maintain

Operating income—ll

them

Deane

W.

Hawkins

&

Fund

&

Jersey Central Power & Light Co.—Earnings—

:

Walker

H.

250,000

250,000

—

171,

The

own

to

common

be issued

newer

Oper. exps.

the 1

Wood,

250,000

George D. B. Bonbright &
Southwest

not

be

and

may

regain former leading positions.—V.

*

out¬

and

Net

The

Watling, Lerchen & Co.__

Co.— 250.000

Kraus——

&

may

Brady

are:

Canadian
1

250,000

(Inc,»

Co.

Kidder,

Burge

G.

250,000

Sachs

will

stocks

which

Period End. Mar. 31—

stocks

..

several

Singer,

250,000

Co

Hall

offering

policy

preferred
amount

it

—V.

$300,000

Co—

&

the

debentures

of

of

shares

and State

taxes
■'•••

Year Ended Jan. 31

<fc Co..*'■

to

below:

Sherrerd-

&

this

In

Hardy

In

15,000 shs.

97.27%

preference

■>'

306.

p.

April—

UustodlauFund,Iuc.—Stock^fered^;<V^

-

common

'

April—

and

};.VV-V ^

winter.

Fund's

Operating

k
"
25,000 shs,

.

221,620

share

From Jan.

M;

and

issuer.
v

750,000
.v

Cr52,645

.

■

68,097

shares

the

but

$2,420,000

shares

income

253,584

on

Net

'■V,

35,000 shs.

,

14,063,568
Cr46,868
226,129

12.366,224

$816,361

per

♦Based

—V.

the

of

Co.;

$8,000,000

1972

UNDERWRITERS—The

Moore.

of

Associated

Sc

$3,000,000

40,000 shs.

$1001

-■

1949

1950

depreciation
■

Net

■:i

to

5,000.000

Western.

Co.

,

'

3Jir%,

Northwestern

Robert

$695,559

$816,421

expansion program estimated to
$2,119,500, is to help the company meet the heavy winter peak
demands by storing gas during the summer and mild weather

bonds,

$3,000,000

.

(<% Subs.) —Earnings—

profit

Earnings

.'608,715

596,415

Cryan pn., Inc^ has underwritten an initial.: offering of
of .capital stock of the above-Fund,, a new- diversified
investment company of the managed open-end type.

2,137 shs.

'

for

'•

Net

$1;412,836 • $1,304,274

43,737

171, p. 5.

100,000

1.956,000

(par

$100)

standing

First

17,106

$35,725

6.755

•

oustanding

common

"Jeffcfsah

150,145 shs.

.

80,000 shs.

Provision

Gross

$4,300,200

sinking fund bonds—

NOTE—International

Ball.

$134,462
:

instalment
promissory
notes
parent company.-r-V. 171,'. p. 2098. t

$8,000,000

H:

_

---J—:—

pref,

cumul.

Harris,

'

50,486

,;

com.

per

The

A,

Series

Drexel

$1,280,928
23,346

1,468

term

-

Series

&

$132,994

$73,772

shares

Frank

-

Utilities:

mortgage

set

$1,395,730

6,084,007

The corporation plans to finance the project by the Issuance of long

,

.

Unlimited

payable, 3%%, due Sept. 1, '69

Canadian

5%

$122,894

"

or
paid
pfd. stock.

for

periods

bonds,

-

D—33s %

Alien

cost

day

VVV:.,-

C—3'?%

First

$7,364,935

520,879

>

accrued

5V2%

Purpose

Outstanding

400,000 shs.

Utilities:

Series

4%

:Vy|

shares,

mortgage sinking fund
..due Dec. 15, 1971.

Notes

$8,034,857
6,639,127

$653,873

592.657

of-pipeline* all.(p.ivestern New York ■ States"„„

-

Unlimited

$100

(par

First

Series

1971

1.

pref.

; ^

$20»

(par

shares

northwestern

fund

1496.

p.

covering

19

May

on

at market (approxi¬
& Thorndike for the

sales, after all discounts and
sold: sell., admin, and gen. exps.
charges and credits (net)

Lcfcourt Realty

1950—12 Mos.—1949

Western:

mortgage

SEC

the

oifered
Jefiries

be

allowances—* $13,918,560 $15,503,592

the

The
Federal
Power
Commission
on
May
22
authorized this cor¬
poration to develop three new underground natural gas storage fields,
to enlarge an existing jfleld, and to construct approximately 23 miles

$4,000,000 -.
1,200,000 shs.

>■■■•'*.;V\v-V^-.Vr Authorized

Canadian

wtih

to

Six Months Ended April 30—

Iowa

an

currency;

..

stock

J

shows the securities, other than those ownea
the subsidiaries asot-April? 30/ 1950, stated in

of

Co.,

1,364

earnings-

^Iroiiiiuis aas

table

following

byv International,

First

—V.

Authorized Vvji Outstanding
'$4,000,000
*786,112 shs.

.

$1.88

v

Earned

reserved for Issuance upon conversion
-VVv

*180,000 additional shares are
of'the debentures. ?",!
The

*

..

.

1,, 1965
share)—.V.-

May

per

v

Income.

Common

the

v

,

deben.,

con v.

Common

filed

was

common

Lee Rubber & Tire Corp.

Co. of Del.—Earnings—

$124,258

Bal.

PRESENT.FINANCING

of

$2.36

.

represent

Service

$715,551

taxes

deductions

Divs.

'J-

GIVING EFFECT TO

notification

Miscellaneous

V

<

*62,923

V

$9 per share) through Childs,
account of selling stockholders.—V. 171,

$2,269,298

1950—Month—1949.1 i

inoome—L_—_.__

Net

1

national.

♦138,648

90.530

'

of

revenues

during

of

shares

Prov. for Federal
income

of

Public

Utilities

cNet-

the company and subsidiaries,
12 months ended March 31, 195G
(Canadian r,
net
operating
income
$3,620,554
income $1,481,333 (U. S.) applicable to Inter¬

operating

currency,

* 46,528
*127,260

mately

Net

(1,200,982 shares)

Iowa

revenues

oper.

Total

subsidiaries operating In
Alberta, two of which—Canadian Western Natural Gas Co. Ltd. and
Northwestern
Utilities, Ltd.—are natural gas subsidiaries
and the
third—Canadian Utilities, .Ltd.—is an «lectrte subsidiary.
■. ;
in-Canadian

of

be added to cash

utility

three

has

letter

1,200

$2,838,649

dividends^—

statements

income

company

^

BUSINESS—Corporation

437,694

•71,802

—

retire $225,000 short-term bank
capital which will be available

as

oper.

Net

subsidiaries may
require in the future for construction and expansion; and to provide
funds for other investments by International in connection with the
development of natural gas resources in the Province of Alberta,
providing

above

of

Oper. exps. and

Other

the financing will

proceeds from

corporation

furnish

Total

"

"

"

share

common

Period End. Apr. 30—

fering of Debentures—An underwriting group headed by
Butcher & Sherrerd on May 26 publicly offered $4,000,000
of 3V2% convertible debentures, due May 1, 1965, at

100%, plus accrued interest.

per

preferred stock

low* Southern

Of¬

Details of

Corp.—Further

557,503

6,967

"

221,674
*339,155
♦410,248

oper.

$2,576,886
307,588

$3,145,792
307,143

stock

-

>

Utilities

International

891,751

consolidated
corporation
(formerly Sioux City Gas & Electric Co.), and subsidiary companies
giving effect to the operations of such companies as though they had
been merged during the above
periods in accordance with the plan of
merger.—V. 171, p. 2197.

752.

corporation's American research and development unit.—V. 171, p.

after

statements
^

Is the

J.)

preferred

on

NOTE—The

on

T. & T. Corp.

(Nutley, N.

Inc.

$3,468,637

918,078

_

652,861

217,653

Cost of goods

I. T.

Deputy Technical Director of I.

and

Telecommunication

$3,441,477
27,160

$4,063,870

deductions

196,811

111,988

(M. H.) Lamstcm, Inc.—Files With SEC—
A

income

Income

•

$257,174

'

■

railways
railway__
income

from
ry.

1947

-w

$382,407
190,936
163,580

.

♦Deficit.—V. Ill, p. 1887.

12,111

$4,051,759

—

income^

1948

'

$419,422

.

railway:

oper.

1 '49

"

$66,723
*82,064
•102,414

;1,

from

Gross

$18,811,918 $17,058,788
14,760,159
13,617,311

(net)_

of

President

as

was

of the

ry.

From Jan. 1—

1949

1950

.i

taxes.

earnings

Other

Balance

Laboratories,

Harrison,

H.

and

expenses

New

—

from

Net

Net

April 30—

revenues

railway

•

Net

'-ii950

'

from

Gross

escrow.

'

■

In

Ishpeming RR.—Earnings—

Lake Superior &
April—■

filed

v-'T

stock

common

be

;..f

amendment

1950—20 Wks.—1949

1950—4 Wks.—1949

$65,333,703 $63,839,435 $315,544,451 $317,986,983

Net

Operating

'

operation during the period was 2,134
compared with 2,277 stores during the 1949 period.—V. 171, p. 1887.

per

will

'

charter

by

3%%

to

indenture

*<*

.

'/.I'-

Public

_—___

preferred stock.—V. 170, p. 1599. <■;■

for dividends on

Average number of stores

V. 171, p. 2197. -;,v,v

see

401,797
$4.85

——.

share—:——

Per. End. May 20—

the secured debentures

from

rate

the

■"

Iowa

& T. Corp.
succeeds Harold H. Buttner, who has been appointed

William

Vice-President

—V.

of

outstandings

1,414,161
387,759"
$3.49

1,999,575

—

common

Sales

12,075,000 shs.

-

■:-p. .y;;Z

shares

shares

taxes

Kroger Co.—Sales Increased 2%—

5,000,000 i. •
100,000 shs

■

y. -iu

t250,000 shs.

authorized

was

offering of securities,

Net

Corp.

Telegraph

&

General

Major

Telecommunication

by

26

are

$5,000,000

*>'■' '•■<■
stock

after

♦Earnings per

3,000,000

5,000,000 shs,

of

1949

$20,919,330 $17,859,592

$20,000,000

$50).

;

1950.

5,

For

•'

,

income

•After provision

interest

prevision

I

Common

Outstanding

Unlimited

1963—

value

the

reduce

other

preferred

May

1

May

of

due

(par

,*

1950

April 30—

,

Unlimited

*_/.

■

_

,

,

Federal

•

King-Seeley Corp.—Sales & Earnings Up—
Nine Months Ended

Sales

.

_

'

to

No

Earnings

S

\

„,

Authorized

tr

■

(par value $3.50)

agreement

annum.

1950—4 Mos.—1949
$4,831,188
$4,356,688
1,134,443
731,090
815,743
512,856
705,241
391,552

1994,

p.

International

:.

■

;V

1978.

debentures,

stock

Operating

President of Unit—

t

.

♦The company has secured from the holder of

Dividends

r

due

due

preferred stock

Common

r

bonds:

series

series

4.70%

_

$1,052,533
154,469
104,916
77,312

income

—V, 171,

1358.

p.

1950—Month—1949
$1,071,343
121,786
80,837
50,610

30—

revenues

lrom

rev,

171,

Inc. avail, for fxd. chgs.

for

part of
earnings

GIVING "EFFECT TO PRESENT FINANCING
V '

Rys. of Central Ameriea—Earnings—

International

Wet

issue additional
equity securities.
and depreciation

to

necessary

•

from

Commission

The

Ry.

availab-e

.

CAPITALIZATION

surrendered in exchange for the Gatineau common.
has scheduled the proposed transactions for hear¬

not

be

consist-in

may

be

Net

■

■'

wnicn

will

accruals.

stock

common

no-par

ft" will

program r

1951

funds

Canada.)

Out.,

(Ottawa.

Co.

this

in

Additional

*
;
Gatineau also on May 26 tiled a registration statement with the SEC
covering the 600,000 shares of stock.
The System is offering holders of its outstndlng $15,940,800 (U. S.)
6% debentures due 1944 the right to exchange such debentures for"
common
shares of Gatineau on a ^"first-come, first-served" basis up
to the 600,000-share maximum, the rate of exchange to be disclosed
toy' amendment.
Underwriters will purchase at least 340.000 shares
less those shares deliverable by reason of acceptance of the exchange
offer.
The
underwriting group is headed by Merrill Lynch, Pierce,
Fenner & Beane; Kidder, Peabody & Co., and Harrlman Ripley & Co.,
Inc.
The underwriters would have a 30-day option to purcnase the
remaining 260,000 shares less the number of shares issued by reason
■of the acceptance of the exchange offer.
i'<*' »' "i\
i
The System
also will enter into an agreement with banks under
which it may borrow not in excess of $10,000,000.
Proceeds of tbe
sate of stock
to underwriters and of the bank loan,
together with
treasury cash, will be used to pay and retire all outstanding de¬
Power

Gatineau

of

finance

securities

-

(

has made application to the
600,000 shares of tne System's

Trustee,

dispose

to

1,439,024

of

holdings

To

To Dispose of

—

Part of Gatineau Stock and Retire Debentures—

Net

from

Net

ry.

railway——

oper.

income.—

9.358.600

4,687,850 *

62,635,691
10,047.944 "

5,045.143

62.532,660
12,90a, 629
6.185,075

65,784,275
9,475.544

* 4,255,565
'

—V.

171. p. 1887.

.

;

'

-;

>•>

14

<2306)

The Commercial and Financial Chronicle

k

,F\

M. & M. Wood WorkingPeriod End. Apr. 30—
wet

i

sales

•After

502,933

724,250
share-—

charges

*lock.—V. 170,

and

$0.52

1,415,873
$1.01

$0.36

tBased

taxes.

April—

1,400,000

on

;

shares

Net

ry.

Gross

from

^a.

Casualty

from

Net

Philadelphia,

Co.,

Insurance

ry.'

—V.

Stock Placed

Privately — Robert Garrett & Sons
placed privately 149,535 shares of common stock
(par $10) at $42 per share, for account of Commercial
Credit Co., Baltimore, Md., it was announced on June 1.
—V. 171, p. 464.
—

16,396

Net

from

15,017

13,243

.

Net

ry.

631,876

638,231

637,852

Gross

203,533

158,315

Net

from

43,540

210,111
76,114

234,732

84,001

railway

171,

,.r

108.645

Net

ry.

income

oper.

'

1888.

p.

'

*J.

—V.

ft* \

Gross

from

ry.

share

each

for

underwriting

lixtures,

held.

shares

ten

store

Wo

The

proceeds

and inventory
169, p. 1453.

equipment

involved.—V.

to

are

and

used

be

to

working

for

$1,451,474

$1,456,953

$1,527,759

railway....

174,718

114,350

177,735

—V.

46.516

27,178

48,283

181,951

1—

stock

common

Tennessee

of

share for each

one

6,106,670

6,034.974

5,826,507

964 270

983.411

1,533,046

365,721 !

339,518

630,56b

April—

5,588,726

.—

839,540

-

302,131)

Trans¬

Gas

Net

share for
common stock

Gross

management.

,

financing

shares

56,000

will

offered

be

the

to

of Tennessee Gas Transmission Co. at $10

shares

will

carbon

at

be

offered

$10

sale

will

of

provide

estimated

the

sale

33/g%

of

Thriit

the

Net

.,.

stock

common

sinking

A; AAA;

:V.7

,

first

due

Common

sinking

mtge.

July

fund

1965

1,

stock

Gross

$li_

UNDERWRITERS—The
with

the

to

respect

holders of

©f such shares
which

they

Stone

&

which

have

rities

of

the

shares

several

of

agreed

to

Secu-

from

to

ape

Read

Co.

Inc.

Wi
1.885

C.

Paine,
2.821

_____

&

Boston

681,597

193,343

174,338

51,853

63,584

57,818

of

cents

75

June
No

per

dividends

stock

because

declared

were

of

July 1,

on

Net

holders

ry.

—V.

"A"

131,919

157,673

173,930

86,812

81,094

83,613

1,422,455

1,437,139

Clifford

Net

ry.

562,836

610,151

566,106

250,246,

the

amended

sented

to Union

preferred stock,

reorganization

plan

Planters National

322,239

305,772

238,134

exchange agent, for conversion

par

if

Into $5

7.726

1949

■

1948

$6,341,388

1,399,303

1,664,546

519,666

1,271,760
538,051

651,310

$5,491,645
1,194,127

end

the

$33

cash

payment

holders by May 28,

claims.—V.

any

1955,

169,

per

will be

share
turned

unclaimed
over

by

■

22,920,892

25,214,436
5,740,162

24,005,707
5,062,753

1,870,936

1,769,403

Net

1,542,756

above.—V.

I

income..,

V'

,

A..

1948

1949

1,602,503

.

p,

,

The

1947

.

1,740,774

2,165.333

31!,

(Including Austin Field

63,032,462
13,074,285
6(397,080

revenue

Net

1

66,878,856
14,396,507

67.945,489
13,687,587

income

—

....

letter of

6,668

>

6,078,677

7,808,615

]

567,803

Income
Net

income
deductions

$7,957,740

———.

(net)

2,542.657

—

$5,415,033
171,

p.

'

Net

ry.

before

Net

—V.

A..'

taxes

Gross

$6,194,378
453,115

temporary financing

171,

$6,647,493
2,013.110

'

stock

1950

'

income

ry.

after

Earnings

per

—V.

p.

168.

taxes

171,

p.-

1949

share...

1534.




'

1949

1948

v.

.

'-"A

$1.54

$1.28

with

(par

the

SEC

on

May

New York,
^
*'

for the

from

at

$1

-1948

ry.

of

operating

ry.

1949

*

$43,932.
$0.15

Balance

123,421

Net

ry.

204,185

560,753

with

proportionate

of

right,
;

■

additional
;•

.■

.

shares,

has

incurred

been

the

for

subsidiaries

two

common

>

share

one

$760,000

loans

stocks

was

in

purpose

or

stocks

of

-

,■

the

Association

171,

have

will

1995.

p.

RR.—-Earnings—

1950

1949

s'

1948

1947 *

$953,744

$882,436

$995,661

488,059

353,993

406,034

$877,450
"•

--339,306

224,345

148,707

164,904

3,378,228

4,062,647

3,400,872

1,454,615

1,411,956

1,779,732

1,327,102

income...

614,116

595,318

777,252

553,495

131,426

-

1888.

■

•

•:

•

t

=

.

-

1950

Ry.—Earnings—
-1949

1^48

$594,907

$695,127

$783,345

317,310

284,719

railway

from

223,214

income...

/

.•

railway

A

277,388

406,786
;

2,804,837
v

1,008,110

3,042,396

1,289,598

A 1,250,912

1,407,396

1,131,715

1,055,306

...

2,829,532

1,241,100

A'v-'.AAA A.A.Ai

171, P. 1888.

A

454,059

•

1,175,030

...

1947"
$784,662

"

255.914

V.

2,729,314

railway
oper. income

A.,-'.":A.AA

.

1948

$243,929

$342,463

$159,760

•

•

1947

$220,894

\

46,171

127.894

16.790

88,556

49,243

52,048

626,506

984,421

807,746

77,208

232,759

152,419

293,463

132,754

245,115

223,715

0" 243,794

.

-

:

1,041,862

•>•;>:

$6,457,571

1949

$6,056,472

5.180,416

4,939,990

475.496

charges.

518,889

dividends
cumul.

818.501

preferred stock..

597,593

101,250

101,250

dividends

and

surplus

$717,251

.

certificates

box

Other

cars,

will

and

members

Securities

Corp.,

New York

from

from

Net

ry.

by new railroad equipment, to cost
follows: 73 Diesel locomotives, 500 55-ton

multiple

underwriting

Stroud &

unit

group

Co., Inc.—V.

passenger
are

171,

-

,A;

,

1950

1949s

railway.™

$264,995

$237,659

railway......

139,141

83,998

oper.

_

Drexel
p.

coaches.
&

„

Co.;

2099.

Union
■

.

1947

1943

*.

$293,261
,

153.316

$185,965
:

51,636

88,934

47,949

124,829

48,920

999.959

954.760

975,479

746,934

435,911

346,856

327,534

183,658

242,407

income

131.751

153,982

124,274

From Jan. 1—

from

from

Net

ry.

—V.

railway.

railway...™

oper.

v

income...

171, p. 1883.

A

4

v

V 7A

Connecting RR.- -Earnings—

April— A
Gross

j

secured
as

electric

the

of

-

as

as

be

38

and

,

follows:
Halsey, Stuart & Co. Inc.,
234s, and Harriman^ Ripley & Co., Inc.
(Jointly), 99.80 for them as 21/8S.
a,AAV

certificates
Brothers

Lehman

Gross

$496,343

received

were

the

estimated $14,223,560,

an

66.949

$6,474,413

and taxes—.:

offered

bids

for

steel

$5,989,523
•

group

2

"A

Other

99.16

'

—1950

>

v

Plan.

and

\

:AAa'

1951-1965, inclusive, and issued under the Philadelphia
The certificates, offered subject to authorization
by the ICC, are priced to yield from 1.625% to 2.925%,
according to maturity.

54,441

40,399

-,AAA

headed by Salomon Bros. & Hutzler
to the public $11,100,000 of 2%%
equipment trust certificates, second equipment trust of
1950, maturing in equal annual amounts on June 15,
June

Net

171, p. 2099.

to

3,494,791

Offered—A

1949

Balance avail, for com.
-V.

.

_

New York Central RR.—Equipment Trust Certificates

--f

'

earnings

on

com-

1,361,466

202,186

—v.

2,620,334

1.031,264

16,842

before

•

share

one

shareholders

will be set aside for the

additional

'

from

2,391,216

revenue

declared

entitled

bank

common

1,559,123 shares.—V.

From Jan. 1—

302.956

$0.17

.

Dividends

of

railway.—,.— '-Hi 227,496

Net

1950

these

of

income™

oper.

Gross

1,057.633

,

other

ratio

shares

common

short-term

,

from

Net

1947

A' :A A A:.'v.

expenses

-

-

railway
railway......

from

326,638

$34,202

and

of

proceeds

pre-emptive

V'

oper.

*5,448

income

gross

of

the

railway.™

171, p.

$637,447

2,520,057

3 Months Ended March 31—

Other

which

New Orleans, Texas & Mexico

*

Gross

sale

railway

from
ry.

—V.

170,804

Narragansett Electric Co.- -Earnings—

22,000

the

'

1950

income

in

The smallest allocation

additional

total of

a

oper.

Net

a

*47,158

railway.™

the

from

$441,659

''

railway

28,

per

304,181
-

$9.58

or

Feb.

171, p. 1184.

on

From Jan. 1—

,

19 covering

account

"

railway

'

„

the

in

■

sale

from

Net

Net

A 155,195

1,392,009!

from

under

the

Gross

1949

shares

privilege,

taken

payment

April—Gross

$1.00

10 cents); to be offered

$575,000,

share

per

17, 1949.—V.

which permitted holders of

r

133,705

382,829

railway.
-A A
income—

$56,202

303,720

con-

a

month.

per

totaled

$9.38

New Orleans & Northeastern
$133,057

$761,846

1995."

O

*

$62,665

$53,099

outstanding

-

133.705

*

104,518;

income...

oper.

privilege,

subsidiaries.

,

* Deficit.—V. 171, p. 1888.

.

Total

capital shares

into

entered

subscription for 1,000 shares,

a

the

With

$171,069

278,600

railway....

from

Net

1888.

Quarter Ended March 31—

the

133,705

Mid-West Abrasive Co.—Earnings—

Number of

on

acquiring

The

$36,665

and

primary offering, at the same
buy an additional 428,859 shares.
With only
allocations were made on the basis of approxi¬

available,

of

Net

From Jan. 1—

Operating

Net

of

$206,144

$637,687

oper.

from

1950

or

additional

for

not

to

Net

filed

was

railway......

from

from

Gross

$4,634,383

"'

in Maryland for
printing composi¬

1950,

has

358

and

payable in cash.

offers, to

proceeds

acquiring,

1—

ry.

17,

$555,000,

subscription

shares

The balance of

1943.

1994.

p.

the

Net

Ji-n.

oper.

May

on

with

purpose

and

:.

.income

Net

~

Interest

'

issue

to

y • :,

oper.

26iooo

-

profit
P.

as

...

railway

from

Fund

applied

authorization

Montour RR.—Earnings-

•;

•

1950

28,
It

in instalments of $1,000

subscriptions.
subscription for 26 shares.

a

on

,

taxes

171,

used

—:

of common

♦Deficit.—V.

Mid-Continent Airlines, Inc.—Earnings—

Income

be

program.—V.

outstanding

railway

from

Net ty.

*1949

1462.

Month of April—

Profit

wculd

construction

SEC

1950

from

Net

income

♦Restated.—V.

r

,

for

shares

Of

Monongahela Ry.—Earnings—

from

paid

to subscribe

April—

'

be

the

mately 20 shares

City of New York, $2,400,000
bearing 2% interest and maturing

by Jacquin, Bliss & Stanley,
selling stockholder.—V. 171, p. 1994.

Net

Gross

notes

notification

shares

of

brought

8,515

the

of

shares

,

A'--:

$7,383,932

_______

(net)

April

composition

Columbia.

stock

common

'

.

price,

Mohawk Business, Machines Corp<—Files With SEC—
A

to

additional

Gross

Net

Cr293,998

...

of

of

price of $42,503,

on

type

a

primary subscription

The

15,732,767

7,115,468

received
Bank

share...

per

*

eight already held, resulted in the purchase of 164,611 shares,
to 95.08% of the issue.

equal

63,704,465

after charges & taxes..

April—

income

Proceeds

1950

shares

Earnings

$53,833,012 $41,099,280 '
46,737,078
34,904,902

expenses

Operating

Other

29

National

promissory

1951.

income

Capital

Gross

1950

»

(gas)

Income from leased facilities

May

on

Quarter Ended March 31—

1461.

Pipe Line Co.)

12 Months Ended March 31—

Operating
Operating

organized
in

shares

total

amounts for other

Chase

>

funds from

England Gas & Electric Association—Stock Offer¬

outstanding

Net

y

together with

for each

1,616,001

(Missouri Public Service Corp.---Earmngs—

.

preferred

Michigan Consolidated Gas Co.—Earnings—

this sale,

6,703
a

District

the

compared

shares

mon

2098,

p.

The

From

■

in

to
for

of engaging

assets

share

subscribe

income..

oper.

company's

stock¬
to the company free from

171,

subscribed

balance

New

$15,854,368 $16,176,164 $17,463,617 $15,961,934
3,254,191
3,497,537
4,228,129
3,576,223

.

April—

Light & Power Co.

May 23 pub¬

on

ing Oversubscribed—The Association reports total sub¬
scription of approximately 343% on its offering to shareholders of 173,126 additional common shares of benefi¬
cial interest at $13 per share.
:

1888.

unsecured

Gross

Edison

Washington, ~

(Md.),

Inc.

the

4,438,285

2,154,256

company

to

Dec.

Metropolitan Edison Co.—To Merge
Subsidiary—
See

'

with Army Times Publishing Co. to purchase the physical assets
goodwill of "Nave Typographic Service" for $75,000, $40,000 down

20,799,018

5,535,987

railway...
railway-

171,"

The

of

1335.

p.

of

business

per

433,782

y;

...

-V.. 168, p. 2327.

by May 28,
1951, the common shares remaining in the hands of the
exchange agent
will be sold and the proceeds, together with
any dividends paid thereon

to

(The) Nesbett Fund Inc.—Net Assets Increased—

-Missouri Power & Light Co.—Bank Loan—

.

common

stock

and

purpose

on

old, preferred is not pre¬
Trust Co., Memphis, Tenn.,
common

compared

common stock (par $1) and
participating, non-cumulative, voting pre¬
(par $100) in units of seven shares of comone
share of prefered stock at $107 per unit.

have

1947*.

$5,985,209

income...

oper.

ry.

May 15, 1950 notified
$100, that under the terms

par

1950,

20,

and

Earnings—
A

$5,734,936!

1950

from

the
&

Service,

Typographic

preferred stock

the

dated

Bank

May

at

$

104,550,354

2199.

p.

1950 and $422,000, or $8.55 per share on May

railway
railway

Net

Memphis Street Ry.—Exchange of Securities—

of

operation

*

$

113,917,760

tract

from

Gross

.

notice

a

to

1950—20 Wks.—1949

$

20.455,927

in

stores

ago.—V. 171,

year

CORPORATION—Was

From Jan. 1—

Strike, President, announced that, in spite of a slow,
start at the beginning of the year, over
$5,000,000 in new contracts
have been signed by the company in the last few
months.—V. 170,
f>. 2585.
v
A
y v •
.
AA

published

* with

according

Army

/

from

from

8.

company in
a
holders of the old 4%

652

were

buying

persons

distribution,"

to

1950—4 Wks.—1949

directors,

567,082

income...

oper.

Net

heavy

The

view

a

-Sales Increased 14.2%—

May 20—

shares

April—

cash investments required by several sub¬
stantial lump sum jobs signed recently.
The class "A" stock received
10 cents per share on Jan. 2,
1950, and on Jan. l and July 1, 1949,
while
the
common
stock
was
paid 25
cents
each
on
July 1 and
Dec. 22, 1949.
<

with

25

1786.

1,258,060

p.

1,433,242

1950

171, p.

Gross

4.467

and

not

for not less than $95 per
planning resale at not less

are

than

more

subscriptions by the promoters, will be used to pay the additional
required on or before June 15, 1950, by the contract with
Times Publishing Co., and also to provide working capital of
approximately $30,000.
The
three organizers of
the corporation, the present officers and

1947

$371,144

Missouri Pacific RR.—Earnings—

sell

class

of

understood,

not

and

171, p.

firm,

investment

is

to

310 shares of

AA

railway,

railway
railway

from

Net

1950.

to

City,

•

$35,000

1948

$374,064

;

54,202

income—

Gross, from

May 26 declared the regular semi-annual dividend
share
to preferred stockholders of record as of

1950, payable

16,

;

.

the

1949
$350,714

1950

$375,179
125,331*

oper,

Net

on

program

National

ferred stock

(F. H.) McGraw & Co.—Omits Class A & Com* Divs.—
directors

in

licly offered 2,170 shares of

637,988

194,356

Y

railway
railway
income—

from

7.726

Corp

a

mon

railway

ry.

—V.

The

and

D. C.—Stock Offered—J. G. Lawlor Co.

From Jan. 1—

4.467

Securities

it

share

23,366,019

Nave

11,310

778,353

57,479

railway.
railway...—

oper.

Net

Jackson

Curtis

Union

37,655

169.089;

from

Gross

1887.

p.

Y.,

and

7.726

Brothers

Webber,

York

New

bankers,

per

investment

to

tion

7.726

Langley & Co._—

Lehman

-

718,528

income...

''' AA

from
ry.

7.726

Co.

N.

1—

railway

from

Net

3.000

First

Co.,

Baker—V.

657

AA

follows:

as

&

Corp.,

171,

14,130

oper.

Net

by the holders of warrants

purchase,

Hayden, Stone & Co._
Kidder, Peabody & Co._

-V.

46,845

319

—V. 171, P. 1888.

the

The

(Inc.)

22,636

16,603

railway.—._

from
ry.

Gross

underwriters

7.726

,

44,926

from

Net

14.802

__

$1,000,000 building

a

Center,

Baker,

National Tea Co.

1947

April—,

22.202%

Republic

Clarence

in

$159,252

-Missouri-Kansas-Texasr RR.

White, Weld & Co.......

Inc.

1948

$171,643

oper.

Net

AA

offered

&

$96

There

1949

from

Net

1,045,334 shs.

stock

H.

Period End.

Missouri Illinois RR.—Earnings—

$17,000,000

principal

common

Dillon,

Corp.

170,711

1883.

railway—a—..
income™

April—

bonds

Blyth & Co., Inc;™
fiosworth, Sullivan & Co.,
Central

171, p.

$173,347

from
ry.

Gross

Tennessee, and the respective percentages
for

announced

May 29.

on

PROCEEDS—The net proceeds of

Outstanding

;

;

1,500,000 shs.

not subscribed

are

severally

Webster

of

names

466,667

stock

common

982,731

—V. 171, p. 1888,

Plan

and

fund

1, 1952.

$17,000,000

_—

*526,561

♦1,438,895

Placed

Stock to Be

•

9,240,046

*53,832

*962,519

9,437,279

9,186,334]

$181,363

Jan.

Net

FINANCING

Authorized

-

...

9,306,644

*199,362

*1,085,595

income—.

oper.

Net

bonds

__

(par

NEW

TO

than

Mr.

•

the

30, 1951 and of chemical products not later than Jan.

3% %

1995.

p.

Co.—Preferred

Gypsum

warehouses

The

share.

160,448

1950

from
ry,

From

Hydro¬

Mathieson

of

mortgage

EFFECT

*176,486

railway....

from

Net

capital

GIVING

263,825

*149,298

Mississippi Central RR.—Earnings—

chemical

CAPITALIZATION

383.656

April—

chlorine

production

like

a

and

$3,800,000

of

$

Gross

^

i3sue

to

of un¬
and maturing Dec. 15, 1950.
amount of out.ta.idinj notes

2'/2%

at

authorization

SEC

aggregate

an

retire

to

171,

Sales

requirements of $27,000,000 for the
plant at Brandenburg, Ky., pipe line
manufacturing facilities.
The company expects to start
of liquefied petroleum gas and natural gasoline by Sept
proposed

used

be

31.—V.

company,

new

Hutton

$2,548,467

104,081

railway^—-

•Deficit.—V.

share and another 56,000

per

of

first

banks

President, raid construction would be financed by
sale of 11,150 shares of the $4.50 cumulative preferred stock to W. E.

1947

$2,518,102

490,619

railway

oper.

From Jan. 1—

of

May

received

29

interest

bearing

.

Lighting Co.—To Issue Notes—

May

on

would

Melvin

program

Trustee

employees
.

from

$17,000,000

corporation's
and

and

share.

per

PROCEEDS—Proceeds
the

officers

to

from

from

Mathieson
Chemical Corp. will purchase 466,667 shares of Mathieson Hydrocarbon
common
stock at $10
per share during
the period ending Sept. 30,
1951;

1948

1949

$2,746,440

49,487

income—

ry.

v

-

<

the

notes

National

1—

Net

CORPORATION—Incorporated in January of this year and will en¬
in the manufacture of ethylene glycol and certain other organic
products
from
the heavier
hydrocarbons
separated- from
•ratural
gas.
Tennessee Gas Transmission Co.
will supply the corfwjration's proposed chemical plant with the necessary hydrocarbons
«irid Mathieson Chemical Corp. will assist in financing the construction
of plants, supply certain
raw
materials and technical services and
PROGRAM—Under

1950

Jan.

Net

10 shares of Tennessee

chemical

initial

1,738,205
666,620

837,516
A A' —

Privately—Plans Building Program—

Earnings

$2,366,625

railway

railway

oper.

ry.

From

gage

the

214,107

.10,183,579

2,240,701

1

y

commerc.al

maturing

view

per

1950. The subscription warrants expire at
3 p.m. (EDT) on June 14, 1950.
The offering is being
underwritten by a group of investment firms headed by
Stone & Webster Securities Corp., and White, Weld & Co.

FINANCING

from

Net

May 25,

furnish

;

1888.

p.

four

The

•

from

Gross

Gas Transmission held of record at the close of business
on

income—

Proceeds

for

The corporation is offering to the

—

rights to subscribe at $10.50
466,667 shares of Mathieson Hydrocarbon
at the rate of

1,135,424

294,849

11,856,813

-

Michigan,

Co.

mission

2,413,338

1,235,222

485,396

*

171, p, 1883.

capital.

Mathieson Hydrocarbon Chemical Corp.—Stock Offer¬

ing Underwritten
the

2,634,940

railway

company

to

secured

415,196

income.

Jan.

Minneapolis, St. Paul & Sault Ste. Marie Ry.

holders of

11,020,547

railway

oper.

171.

sell

$1,404,931

Gross irom railway..
Net from railway—..
Net ry. oper. income

pay

1947

oper.

From

stockholders

tor

10,738,389

from

The

V-

railway-

from

Net

on May 17 filed a letter of notification with the SEC
shares of common stock (par 50 cents* to be offered
at $10 per share on
the basis of one new

company

common

340,655

$2,618,065

719,546

'

"

Nassau & Suffolk

Minneapolis & St. Louis BR.—Earnings—
P
1950
1949
1943

Net

The

304,706

oper.

676,205

railway.:

April—

Market Basket, Los Angeles, Calif.—Files With SEC—

io

income.__

1947

$2,967,590

$2,338,126
635,983

railway..—

From Jan. 1—

have

covering 25,529

1949

$2,793,464
619,289

.•

from

32,946

1943

1950

railway——

April—
Gross

<

'

Net

Maufacturers

income—.

oper.

Monday, June 5, 1950

.

Nashville, Chattanooga. & St. Louis Ry.—Earnings1947

$149,066

.

From Jan. 1—

capital

2333.

p.

from

Net

2,384,534
$1.70

of

$142,297
19,557
*11,518 ;

railway
railway..—__

1948
$173,500
39,751

1949
$161,556
38,420

1950

from

Gross

$5,970,259 $18,218,227 $18,738,12*

$7,341,196

♦Wet

profit
learnings per

1950—9 Mog.—1940

.

.

'

Midland Valley BR.—Earnings-

Co.—Earnings—

1950—3 Mos.—1949

?„»

Volume

Number 4913

171

*

'

bids

Two cash

stock

Ontario & Western Ry—-Bids for Sale^-

New York,
"'<

the

The

ceed

purchase

highest

cash

present

equipment

$3,239,000.
other

Five

•■■■

.

in Western

bids

made

were

underwritten

and

from

Gross

1950
$532,762
•'»; 34,906

railway____

Net

from -railway..

Net

ry.

*

-

>"• 5,579
*151,005

from

'

*81,264

Net

ry. oper. income.
*Deficit.—V. 171, p.

to

Ship.,

to finance in part the

the Federal

exchange their stack on

may

V

3

-

-

/•

time

Other

Court

Salt Lake

at

-

See

Texas

Transmission

Eastern

171, p. 697.

Corp. below.-r-V.

Fross

•

:•

April—

Net

ry.

.

railway—income-

o^er.

Gross

from
ry.

railway
income...

oper.

—V. 171,

and

plan.—

-,;YY"

■,

,

ry.

Gross

from

Net

from

for

Net

ry.

declared

Divs.

—v.

/Y

1,363,203
373,271
119,600

347,511

313,474

282,722

Notes

149,347

115,572

105,500

28,940

34,313

r

-

$62,619

of

June

series N-30
1338.

of

amount
2.—V.

169,

to

Net

BALANCE

Earnings

*

from

Net

Y

1949

$1,736,555

ry., -ppe.lv

;

162,041

42,182

49,806

47,015

2,855,508
525,272

2,919,924
642,588

183,276

207,377

.

1,103,270

28,952

»

Net ry. oper. income.
—V.

171, p.

Norfolk

j

April—:
Gross

from

from

Net

Net ry.

>.-■

v

This

plane

miles

140,305

senger

1949

1950

1948

.

<■

53,142,387

1,374,007

14,219,949
9,126,806

171, p.

56,598,157
15,584,426
9,594,962

'

1888.

'

The

"

10,688,652,

on

19

mon

stock

—V.

171, p. 2099.

ino

record

of

June

before

or

par)

for

the basis of

on

A.':.-'

"

will

shares

Blyth & Co., Inc., on May 12 made a secondary distribu¬
tion

5,COO shares of common stock (w.i.) of $10 par
$35.40 per share, less a dealers' discount of 45

of

value at

cents per

It

rShare.

completed

was

received by

be

announced

the

was

company

May

on

struction

program,

to

be

applied

estimated to

involve

stockholders,

common

to

are

that

flew
first

it

261,714,000
quarter of

171, P. 2199.

'

*

company's

the

1950

con¬

$51,950,000.

expenditures of

will

vote

June

6

approving

on

the

#

the

company
•

,

,

may

retirement

»

purchase

of

>

-

:

has

company

Sec

shares

of

also V.

one

of

company

on

YYY:'Y:Y-YY

Ys'

ranging from $43.75 to $44.50 per share,
See offering in V. 171, p. 1889.
•

less a discount of $1

Net

from

Net

ry.

'Deficit.—V.

171,

45,920,587

9,486

income—

oper.

44,332,483
2,496,531
1,004,610

6,519,451

*2, 537,191

2,885,884

1947

44,421,522
8,734,741
5,602,648

Northwestern Pacific

ry.

1948

1947

from

Net

ry.

from

Net

ry.

55,898

73,094

118,829

.income...

.32,073

*28,388

.Yv;, *705

Net

oper.

*

from

from

Net

ry.

..—

39,218,902

48,208,903

31,211,082

32,098,503

income...

13,145,947

15,434,610

347,038

5,206,878

171, p. 2200.

A

April—'-AY Y

Y? YYY

Net

*320,370

*595,743

railway.—__

ry.

2,256,135
*1,684,939

*1,346,452

*659,137

*527,098

income

*2,469,610

*2,153,382

*1,544,683

*1,363,772

railway....

railway.

oper.

oper.

income...
171,

p.

2,809,894
435,820
11,808

1889,

2,435,402
Y 295,317

2,150,340

*4,498

*306,919

*37,668

177,878

2,370,105

456,507

'Deficit.—V. 171, p.

proceeds

net

subsidiaries

for

Privately—Rights to Common Stockholders—
May 26 applied to the FPC
7,000 shares of 5'/4% cumulative preferred stock
on

stock (par $3).
The company said that it has entered into an agreement with A. C.
Allyn & Co., Inc., authorizing it, as Northwestern's agent, to sell the
cumulative preferred stock at a price of $101.50 per share by private

mon

■ ■

stock

would

be

offered

.

.

to

,

holders

•

* *"

of outstanding com¬

rights, the application
The offering would be at tlhe rate of one share of new common

stock

states.

'

common

in

accordance




19,584,900
1,934,700

sh.)

per

1,915,100

:

9,992,335

9,992,335

-

8,336,335

14,288,392

14,277,516

15,941,480

40,471,181

31,715,654

25,281,282

Dr216,107

Dr795,077

Dr566,167

189,095,063

156,298,814

113,730,776

doubtful accounts of

$765,681 in

"

tAfter allowances for de-

'

———

discounts

for

and

1949 and $640,857 in

3.60%

of

1948.

preferred in 1948.—V.

J'-'1 ■'•vj y"V7\'

•

•

j y*

•

■

with

their pre-emptive

shares

seven

The
on

rights

the

regular
and

—V.

of

171,

4

2200.

p.

•

>

;

,

sales
loss

—:

taxes

Y

V

:

1948

1949

$9,566,067 $14,561,097 $13,031,808

—

1,112,178

...

^,,vY^YY:;Y.-Y^v,Y/.YY

.2546.

p.

jgso

,-JL,

after Income

.>

.

Phillips Packing Co. (& Subs.)—Earnings— Y

Piasecki

due

,Y/

/

/.

will

New

■

■ )

A

letter
issue.

The
will

After

and after Jan. 1, 1951)
Y YY
'
-

on

render

Jan.

each
to

$15

May
of

common

from

to

are

time

The

to

principal
of

2%

be

time

30

amount

such

of

'

on

May

covering

17
•'

' '

■'

April

the

30,

1952,
and

to

debentures

will

(c)

and

entitle

the

conversion

debenture

in

of

the

*

each

entitle

AprU

the

30,

each

together

case

ratio

will

be

to

one

to

subject

option of

after Dec.

at

debentures
amount

31,

to be

if

the

1950

companyY*
prior

and

redemption

a

first

3,118,388

2,893,117

phi#
prior to

redeemed

with Interest

to

the

date

fixed

for

redemption. *

net

program.

mortgage
demand

Co.

tCommon

CAPITALIZATION

note

notes

due

Dec. 6,
payable to

AS

1955
Land

OF

MAY

1,

1950

*$331,05ft
Title

Bank

.&

stock,

par

value $1

per

share

———

140,710

♦Represents the advanced portion of the outstanding Reconstruction
Corporation loan reduced by scheduled Instalment payments.
An additional $25,000 has been advanced on May 16, 1950.
-tOf the
459,281 authorized but unissued shares 24,000 will be reserved initially
for conversion of the new debentures and 4,500 are reserved for exexoption held by

stock

of

C.

Hart Miller, President.

.

/

incorporated in Pennsylvania on Jai*.
6, 1943 as P-V Engineering Forum, Inc., and adopted its present name
on April 27, 1946.
It was organized as a successor to P-V Engineering
Forum, an unincorporated association of engineers.
BUSINESS—Corporation

At

the

the

to

was

present time, the company's business is devoted exclusively
development and manufacture of helicopters for tho
services.—V. 165, p. 815.
►

design,

military

Y

398,070

—

Finance

cise

Pittsburgh

held.

York

Stock

"When Issued" dealings
31

will

be

admitted

to

on June
13, 1950.
They expire on June 30, 1950,
suspended from dealings at 12. o'clock, noon, that date.

171, p. 2200.

>

price

redeemed

proceeds are to be applied to the company's '
This will include (a) expansion of the company's
plant at-Morton, Pa., by approximately 12,000 square feet, and (b)
acquisition of additional machine tools and equipment some of whieb
are required for other than YH-21
work.
PROCEEDS—The

expansion

2,669.408

were admitted to
Exchange on May

*

debenture-

thereafter, each $17.50 '

1, 1952, such premium to be reduced successively by
lh% oi
principal amount on May 1, 1952, May 1, 1953 and May 1, 1954,

May
such

♦298,431

to reimburse the company for advances to
improvements made and to be made, and for

subscribe

*

face
share

one

debentureholder

the

notice

principal

$12.50

to

including

agreement.

at

part,

days'

YY'

debentureholder

1952

1,

'

•

be

convertible, upon sur ¬
common stock as follows:
(a)

redeemable

least

at

upon

SEC

Y

stock;

will

provided in the

as

premium

of

stock.

common

or

entitle

from

debentures

of

the

will

into

including

will

amount

face

share

<

debentures

purpose,

and

to
(b)

debentures

whole

in

such

for

stock;

one

of

/

debentures

adjustment

a

with

Philadelphia, Pa., is trustee.
Debentures
form in denominations of! $100 or any

the

1950,

1951

1,

of

amount

share

registered

31,

thereof

common

lace

Co.,

thereof.

amount

of

filed

was

"■'■///•'Y'/';;)/

Trust

fully

Dec.

*353,535

1996.

May 26 publicly offered $300,000

on

"V;

In

multiple

from

notification

oi

Girard

be

Offered—•'

convertible debentures, dated May 1, 1950, and

May 1, 1955 (convertible
interest.

*520,980

dealings
be

<

1

173,656

531,939

Corp—Debentures

at par and accrued

are

171, p.

Helicopter

Smith, Barney & Co.
of 4 V2 %

Trust

capital stock of record at

to

'

V

Y

Year Ended March 31-1'

Net

*78,072

the close of business on June
5,
1950, shall
have the rrlght to subscribe at $100 per share for
capital stock, of $100 par value, to the extent of one share for each
Holders

'

4

•

*125,246

Peoples Gas Light & Coke Co.—Rights—

for authority to issue
(par $100) and not to

exceed 49,200 shares of common

The

237,000

19,385,000

r

4

Y
32,000,000

'*

Secured

1889.

capital

working, capital.—V,

placement.

237,000

19,185,100

3,430,972

J

Service Co.—To Place Preferred

Northwestern Public

company

32,000,000

March 31,
1949, transfer was made from surplus to common stock
capital of $1,656,000, representing $3 per share for the 552,000 shares
of common stock.
([Represented by 2,199 shares of 4% preferred stoek
at cost in 1950 as compared to 2.S12 shares of 4% preferred series and
5,573 shares of 2.60% series in 1949 and 2,001 shares of 4% and 3,771

$766,247

Southern Gas Co. — Stock Sold—
Bioren & Co. on May 16 offered and sold 500 shares of
61/2% cumulative preferred stock at par ($100 per share).
The

VY

7,810,793

32,000,000

~

Y

railway

from

from

Net

income
1—\

2,987,452

,

9,414,898

—

OUTSTANDING

*390,318

oper.

,

1,456,844
4,296,04 5
1,797,385

preciation of $4,719,987 in 1950, $4,031,712 in 1949 and 3,774,184 in
1948.
XInterest, taxes (other than Federal income taxes), advertising,
etc.
§ Represented by 1,998,467 shares (including 552,000 shares issued
for equivalent of $2 per share in 19481.
During the fiscal year ended

4%

1947

1948

$803,225

railway
railway

from
ry.

-

$695,714

>

from

Gross

1949

1950
$624,122

.

Pennsylvania &

1—

Deficit.—V.

The

285,150,148

45,759

railway.—

From Jan.

Gross

269,827,899 307,947,726 302,513,683

railway

oper.

'Deficit.—V.

$529,924

railway——

$783,588
164,697

$599,478

from

Net

1947

1948

1—,
railway

from

Net

1949

$668,577

value $5

allowances

maturity
equal to the

railway—.— $74,507,907 $80,020,786 $72,918,869 $73,539,703
8,649,089
6,140,008
12,248,091
14,783,042
1,930,242
5,065,844
6,413,662
*2,089,673
oper. income

Net

Gross

RR.—Earnings—
1950

April—

3,401,999

'

^

30,000,000
3,200,859
3,572,182

due

—*——————

'After

to

-

railway_____.*

from

From Jan.

Gross

Total

from

Net

Net

1688

p.

—

—**

!1 Treasury stock

Pennsylvania, Reading Seashore Lines—Earnings—
39, 385,311

railway
railway.

I

55,500,000
3,187,353
1,869,912

litigation & conting.

(par

surplus

The

1949

1950

April—
Gross

1—

from

'\

'• /■;y.

pfd. stock (par $100)
pfd. stock (par $100)—

stock

Earned

in

railway

From Jan.
Gross

■'''■■'-'Y '

cum.

share.

Net

1948

1949

1950

113,730,776

cum.

1954,

Pennsylvania RR. —Earnings—

$10,,667,875 $12,153,051 $12,019,926 $11,333,011
2,732,911
2,480,327
Net from railway....—
1,729,736
1, 122,483
1,879,811
1,566,001
400,233 ■ >-' 839,587
Net ry. oper. income
from

189,095,063 156,298,814

—

——

holder

During the standby period, the underwriters—Morgan Stanley & Co.,
Coggeshall & Hicks, and G. H. Walker & Co.—laid off 2,705 shares at

Gross

Northern Pacific Ry,.—Earnings—
April—

662,446

3.60%

—

1,278 shares went to them.

From Jan.

Gross

* 880,362

,1-V. 168,

par) to its common stockholders of record May 2, 1950
at $40 per share on a 5-for-l basis, 49,660 shares were
subscribed for. Employees and officers were entitled to
subscribe to any stock remaining at the expiration of
the warrants on May 16, and the unsubscribed block of

for

171, p. 2099.

235,965

815,309

May 22 filed a letter of notification with

Stgck Sold—Pursuant to
company's offer of 50,938 shares of common stock (no

the

common

share

4%

.38,050

_

charges

deferred

and

exps.

Res. for claims,

its

of

the SEC
covering
10,000
shares
of 5%
cumulative preferred stock to
be
offered at par ($10 per share), each share to be accompanied by a
warrant to purchase one share of series B common stock at par ($1
per share).
Such stock option must be exercised or waived at time
of subscription to preferred stock.
The proceeds are to be used for
acquisition of plant, machinery and raw materials and for working
capital.
No underwriting involved.
Yv;Y Y:'......

per

stockholders of record May 3, 1950 of 304,500
stock (par $10) at $31.50 per share on
each eight shares held, with an oversub¬
scription privilege, has been oversubscribed.
Rights to subscribe ex¬
pired on May 22. Employees were also given the privilege of subscrib¬
ing for any unsubscribed shares. There was no underwriting involved.
basis

'

shares

to

up

The offering to common

the

misc.. invests.

and

1950, $732,538 in

ParJin Manufacturing Co., Phila.—Files With SEC—
The

prices

Offering to Stockholders Oversubscribed—
additional

.

first quarter

V/

-

6,802,534
393,143
93,913,479/'
6,828,313

,

235,965

this

29.
Proceeds of the bond sale, together with
an estimated $10,000,000
from the sale of common
stock recently offered for subscription by

it

438,885

235,965

§Com.

'

16,345 241 plane miles flown during the

Peninsular Telephone Co.

for the purchase from it of
$40,000,000 serial debentures, dated May 1,, 1950, due 1953-1970, in
care of Pam,
Hurd & Reichmann, 231 Sc. La Salle Street, Chicago 4,
111., up to 11 a.m. (CDT) on June 12.
The company has received SEC authorization to issue and sell, at
competitive bidding, $40,000,000 of serial debentures, due 1953-1970,
will

Y^Y^Y'/

Inc.^-Passenger Mileage

May 13.

on

8,734,378

382,314

—

Net

Bids Invited—Debentures Approved—
Bids

,

171,

drawn by lot for redemption on June 30, next,
first mortgage leasehold sinking fund bonds,
due
July 1, 1964.
Payment will be made at par plus interest accrued to
the
redemption
date, at the Empire Trust Co., New *York City.—
V.
170, p. 2335.

have the right to
additional com¬

Secondary Distribution—

—

J

.

-Y $0.77

$0.67

subsidiary.—V.

a

Park-Lexington Co., Inc.—Partial Redemption—

of

:

•:

Corp.,

announced

additional shares which
5, 1950.—V. 171, p. 1889.
<

The

share for each six shares held.

one

'Y YV*';Y

Northern Natural Gas Co.

29

May

422,000

in

stockholders

$350,000

Public/S^^

stockholders

common

25

any

June

i

Y

'

10,427,690

2%% sinking fund debentures,
April 1, 1966
——

13,388,170 plane miles in the
with 272,414,000 passenger miles and 15,662,250
the last quarter of 1949 and 273,312,000 pas¬

and

flown

miles and

The

plus

1

subscribe

May

on

compares

1949.—V.

17,394,261

Northern Indiana

7 1

A:

*_

Realty

611,010 shares of the company's common stock now held in the treasury,

52,079,825

47,857,576
11,129,955
6,832,280

income...

oper.

1947

1,803,756

railway.
railway.*

from
ry.

,,

customers..

from

Accounts payable
JAccrued liabilities

37,221

Paramount Pictures Corp.—Stock Retirement—

3,044,146
3,376,794
1,579,764
Yf YY-Y.v
•• Y;' YYY •'Y/'Y

from

Net

—V.

1950.

516,205

oper. Income

Net

miles

2,809,892

586,648
190,732

$14,384,833 $16,335,913 $11,147,585 $11,327,086
2,876,774
4,628,683
5,529,203
2,445,484

railway

-

corporation

2,945,580

of

railway

From Jan. 1—

Gross

The

Western Ry.—Earnings—

&

$
4,856,841

Capital surplus

Y

1888.

./

,

Getty

of

*

passenger

railway
railway.

from

$
5,264,092

payable to banks
Dividends payable
^

$1,066,049

1,374,007

*.**—.

Pan American: World Airways,

Y

1—

from

Gross

Net

income

$678,011
Y 118,097
35,370

,$753,767

169,996

$
8,651,921

Notes

$2,207,688

945,597

—

.

2100. V

p.

1947

$730,431

111,613

railway

From Jan.

■V

$701,376'

railway

from

1948

1949

1950

April—
Net

profit

*

1948

(at average

LIABILITIES—

1950

,

taxes

share....

net

'

31

1949

at cost, in Philip Mor¬
Co., Ltd' (England)

&

Total

(& Subs.)—Earnings—

outstanding

per

*Includes

MARCH

SHEET,

_.*.

receivable

ris

Prepaid

$916,645

shares

*'

6,035,278
775,392
60,509

,

cost).
159,610,846 132,443,875
tProperty, plant and equipment—_
8,971,018
8,301,257

Y

profit

Capital

Norfolk Sotuthern Ry.-~E^rnings-^Gross

$2.60

Provision for Federal income taxes—

of 1% will be made on the
certificate holders of record as

YY/YY/Y'vYi: /YYYyY:YYYY YY-Y'/:

p.

3,497,353

$5.84

1950

receiv.

Inventories

On June 23, 1950 an income distribution

principal

5,246,006

$7.26

Accounts -receivable from others

3,318

'

income .taxes

for Fed.

Prov.

12,498,058
766,482
51,198

5,995,401

,

stock

common

on

___•

'Accounts

16,493
■i.

hand

on

:

YY//, YYYYY/":

income

15,303,184
758,908
30,348

;

pfd. stock
pfd. stock—

3.60%

Investment,

44,767

Quarter Ended March 31—
Net income after royalties
before

5,625,388
*409,890

deposits in banks and cash

8,347

1948

.

Co.—Distribution—

New York Title & Mortgage

Demand

1947

30,763

.

Pacific Western Oil Corp.

*Profit

12,498,058

ASSETS—

20,120

*/"

3,491,000

deducting $137,000 provision for Federal income taxes.

$85,156

.

.•

121,749

,

15,303,184

below

4%

on

declared

'After

117,566

171, P. 1889.

89,500

.

,

_

8,162,000

Earnings per common share

15,086

income

oper.

s

»

special

before

year

Divs. declared on

320,071

railway

468,818

.

840,000
22,972

9,864,000

taxes

ABal. of inc. transf. to earned surp.
Divs.

//

42,945

income.*.-.

railway

550,301

>

V

840,000
259,523

sale of securities.—.——1

on

5,600

,$84,778

_

railway*

oper.

10,101,i09

84,023
inc.

State

items set forth

Profit

1949
$93,409

From Jan. 1— '

1947
$367,911
116,960
40,441

'

1888.

p.

:

1,735,049
468,594
37,413

1,570,757
303,768
69,904

1,604,160
396,354
152,384

railway-*..

from

Net

Net

Y'YY-Y ,:YYY YYY

A-':-: YY -C

Y From Jan. 1— Y-ft

1948
$431,903
137,637
49,347

1949
$391,014
83,752
24,988

1950
$375,812
67,713
10,969

„

from

Net

railway.*.. Y'

from

Gross,

from

Net

178,028

22,317,899

840,000

—-

deductions

Fed.

for

30,698

railway

from

Net

100,816

827,913

—

i

under incentive bonys

Income

Utah,

City,

the premise
that- stock¬
a share-for-share basis for stock
upon
the payment pf five. cents

1950

April—

')■ New ;SU>rk Susquehanna & Western RR.—Earnings—

9,923,081

22,217,083

27,469,421

-

debentures

on

Miscellaneous

'

.

Oklahoma City-Ada-Atoka Ry.—Earnings-

Storage Facilities—

1
'

208,985,530 188,655,871 146,693,591
19,470,228 17,499,145
14,641,285

—

exps.

—1

—

COMPARATIVE

State Natural Gas Corp.- -Plans Increase in

New York

$
•
'
171,257,957

j.

.

up to $10,000 on certificates of indebtedness having
preference over all existing obligations.—V. 171, p. 1263.

priority and

1888.

1948

$

—
27,296,730
*_^_——172,691

interest

Prov.

company's

•

profit

Interest

borrow

to

—

admin,

income

Gross

hearing was scheduled to be held on the plan .on .June 2 at which
the court was to act on the company's petition that it be author¬

ized

1_

Operating profit
Other

1949

$

255,752,488 228,372,099

-

and

gen'l

1950

v

,

goods sold

sell.,

Prov.

,"/

organized
YY:
';./ "Y'YyY-;

be

to

company

share.

'

i

them under the terms of

Utah—Plans Reorganization—

of

order

an

'

—

'

new

a

A

2,676,112
203,637
*338,496

2,574,402
*78,364
*664,010

2,044,476
"42,466
*335,415

2,050.042
35.314
*391,414

railway....

Cost of

company has filed a plan of reorganization, based on
that it is insolvent, which provides, among other things,
holders

sales

March 31—

Ended

Years
.

Net

that, it expects that the offer to stockholders' will
an agreement with A. C. Allyn & Co., Inc.,

this

of

Fiscal

•

at

...

per

railway—1—:

from

Net

Philip Morris & Co., Ltd., Inc.—Annual Report—

appro¬

through

Ohio Copper Co. of

From Jan. 1—

Gross

the price

construction program.—V. 171, p. 560. *,■;.<

1950

$690,940
63,344

*45,465

;

and

application,

Proceeds of the issues would be used

1947

$652,300

an

the

Pursuant

1948

-

at

or

underwriters will purchase all the shares of additional com¬
mon
stock which may be so offered which are not. taken up through
the exercise of subscription warrants.

FOUR/ MONTHS

1949
$399,572
>, 35,732

*75,625

income.

oper.

FIRST

AND

APRIL

FOR

EARNINGS

held

then

underwriters to be formed by

group of

a

which

> Federal Judge Edward A. Conger adjourned the
when objections to the bids will be heard/
Y'YY..

April—

the

to

The company said
be

York State, Eastern

New

stock

common

which this stock will
be offered will be fixed
by the company's board of directors in the
light of market conditions at the time, the application says. '
'

specific parcels of the 545-mile road
Pennsylvania and New Jersey.
sale until June 7,
7
"

for

of

related

amendment

the terms and conditions of the
diesel-electric locomotives totaling

assumption of
trusts covering

and

$315,02.;,

shares

10

figure if the-number of shares of common stock which,
may be issued is less than 49,200, according to the company.
Tne exact
number of shares of common stock to be issued is to be supplied by an

of-properties of this railway.
^id ($2,448,000) was made by Morris Hershon,
attorney for Lew Frank Industrial Corp. of Rochester, N. Y. The other
cash bid ($1,500,000) was offered by John J. Manning in behalf of the
H. E. Salzberg Co., a co-partnership which operates short line railroads,
bus lines and street railways in New York, Maine, Iowa and Arkansas.
The bids are subject to the assumption of obligations for installments
due for the elimination of New York State grade crossings not to ex¬
for

each

for

priate

York

offered on May 31 in Federal Court of New

were

»/

•

(2307)

The Commercial and Financial Chronicle

.,.

Gross

from

Net

from

Net

ry.

railway

railway

oper.

Gross

from

Net

ry.

1949

1948

1947,

$233,471

$207,150

$193,469

70,099

58,301

75,269

18,681

9,341

63,584

760,006

railway——

699,463

725,885

877,949

railway—
income—

233,313
186,842

180,018

283,485

294,789

124,729

135,699

238,5ia

from

Net

Income—

1950
$235,278
,
86,836
52,860

1—

From Jan.

—V.
-

Shawmut RR.- -Earnings—

April—

oper.

171, p. 1890.

J

16

Y

Pittsburgh & West Virginia Ry-—Earnings—
1950

from

from

1949

1948

1947

$674,812

$644,605

$510,440

198,993

Wet

ry.

132,549

143,195

railway

106,178

193,503
121,131

121,769
84,054

railway.
income

oper.

from

Quarter Ended March 31—

Sales, excl. State and
\

taxes
Other

1949

1950

Federal

gasoline

*

$31,836,759 $29,701,061

operating

ry.

2,428,199

2,846,332

2,591,211

532,122
409,704

railway

769,270
541,719

810,189
555,183

Total Income

2,014,877
498,240
364,959

from
ry.

Vv.

railway
income...

oper.

Cost

of

sales

171,

1890.

p.

4%%
State

National

Lincoln

The

4,051,987

Net from

2,460,490

Net

816,611

2,046,287
980,798

$4,708,153

Life

and

abandonments

i

Interest
Prov.

107,036

bank

on

for

____

loans

Federal

debentures..

and

income

$7,322,954
115,625
2,150,000

950,000

(est.)

taxes

Income

Earnings
—V.

Co.

Power

$15.12%-per share by the group of underwriters beaded
by Dillon, Read & Co. Inc.
An aggregate <of '676^847
shares of the 710,700 shares offered for wubscriptien to
stockholders of record May 9* 1950, were subscribed for
up to the expiration date (May 25) of the subscription
warrants. (For offering, see V. 171, p. 1996)^
To Increase Investment in Subsidiaries—
This

i.

share.

common

$0.89

;

<

As

$1-26

•

Co., 10,500 shares of *100 par common, for *1,059,600 cash;
Potomac light & Power Co., 4,000 shares of $100 par common, for

Power

(2)

cash; and OHSoifta Ptnn
capital stock, for $290,000 ca.su.

Power

$400,000
par

from

Net

ry;

Co.,

58,000 shares of

Potomac

Inc.—Current Sales 2.8% Lower—

of

railway

1948

2,112 a year ago.—V.

5

Net

1947

ry.

859,590

508,662

371,315

4,018

from

Net

from

Net

ry,

—V.

7,817,679

229,422

'955,016

Net

from

Net

•

ry.

2,682,389

1,102,031

253,814

incomes—

oper,

2-,586,999

988,784

.1,325,451

a;

171, p. 1890.

pointed
first

mortgage
2200.

p.

*40,347

1,127,390
18,083
*290;804

1,036,274
*42,784
*306,622

railway

income

oper.

;.'.Y Y..:. V Yv YY!;;

p. 1890.

Subs.)—Earnings—

Schenley Industries, Inc. (&

1950

>

1949

:
'

1948

Trust

&

registrar

bonds,

and

3%%'

Co.,

paying

series A,

due

J

April
"

•

.

of

issue

an

1970.

1,

Net

has b^-en

Y„

N.

for

agent

,.

.

York,

New

ap¬

$450,000

See v.

171,

The

•

no

shares.

share

—

of

its

-

—

23 announced that it had purchased 113,000
at $32.50 per share from the Estate of

company on. May

shares

$11,881,999 $17,156,688 $21,387,864
3,600,000
3,600,000 . 3,600,000
Y.
$3.30
v
$4.76
$5.94

;

of
per

Earned

Hi

taxes.

earrings

'-Number
-

$19,941,999 $28,726,688 $35,677,864
' 8,060,000
11,570,000
14,290,000

profit

Emil

stock

common

Schwarzbaupt,

President

former

Distilling

Bernheim

of

Co.,

a

Wholly-Owned Subs.) Y subsidiary.; .The stock is to. be held in Schenley's treasury.—V. 171,
page 8.
Y " Y Y:>YYc
YY Y YYYAY Y Y;' YY-

Ronson Art Metal Works, Inc. (&

,

*65,142

1,128,462
59.391
*214,901

Six Months Ended Feb. 28—
Net

Bank

trustee,

*55,165

1,115,067
' *73,795
*366,048

.

'

Roanoke Pipe Line Corp.—Trustee—
Chemical

*173,615

railway

Prov. for income

The

1947
$291,920
23,446

8,499,991

8,484,149

Y 2,448,211

railway

9.303,126

1948
$296,774
6,086

income

oper.

from

•Deficit.—V. 171,

railway

1949
$278,751
7,425

From Jan. 1—

Prom Jan, 1—
Gross

railway

from

'

282,741

Gulf RR.—Earnings-

$319,183
• 106,355

railway

from

Net

Gross

Y 264,336

655,558

income

oper.

as com¬

1950

-

"

$2,020,254

$2,462,143

$2,062,531

$1,984,369

railway

2,119 stores in operation
171, p. 1890.

there were

1950

20,

May

to

San Antonio Uvalde &

RR.—Earnings

1949

&

1950

from

Net

Tt

;

its three utility subsidiaries, have applied to the
SEC for an order authorizing the sale of additional common stock by
the
subsidiaries
to
the
parent, as follows:
(I) Northern Virginia

*225,043

591,761

$5,057,329

$3,571,439

per

April—
Gross

and

company

538,303
*126,896

*223,337

1950—4 Wfes.—1949
1950—20 Wks.—1949
$91,052,158 $93,660,271 $447,154,311 $468,732,667

------

April—

Unsubscribed Shares

—

*108.686

*242,807

*25,953
*53,420

1890.

171, p.

per. End. May 20—

Sales-.."!-

Gross

Electric

607,688
*147,998

171, p. 1672.

Richmond, Fredericksburg
Potomac

*60,609

*24,206

income

Safeway Stores,

540,452

$4,815,189
293,750

(net)

pared

Wayne, Ind. ($250,000).

Publicly Offered—On May 26, the 33,853 shares of com¬
mon stock
(par $10) which remained unsubscribed by
the
common
stockholders
were
publicly' 'Offered at

*31,878

629,188
79,285

raillway.:

oper.

ry.

♦Deficit.—V.

Y

Net

The proceeds are to be used to redeem $435,900 of outstanding debt
obligations, $250,000 for property additions and the balance to re¬
imburse the treasury for capital expenditures,—V. 171, p. 2200.

depletion

...

of Fort

Co.

Insurance

*9,857

5,795

-

$6,782,502

services

and

losses

Total

Mutual Life Assurance Co. of Worcester, Mass. ($500,000)
and

16,135,772

4,410,079

and

Operating income
Non-operating income

Porto Rico Gas & Coke Co-—Bonds Placed Privately—

1947
$147,848

30,213

income

railway

from

Gross

19,793,053

Dry-hoJe

The company in May placed privately $750,000 of
first mortgage
bonds due April 1, 1965 with

1948
$155,417
*31,431

$32,188,386 $29,997,346

Selling, administrative and general expenses—
Depreciation

Net
Net

.

1949
$168,567

$157,933

railway

oper.

Monday, June 5, 1950

.

Ry-—Earnings—
1950

from

Net

.

.

^

railway

from

Net

296,285

351,627

revenue

".Y: /

.

.

April—
Gross

oil

and

...

•»'

Prom Jan, 1—

Gross

■

Sacramento Northern

Richfield Oil Corp.—Earnings for Quarter—

$721,171

April—
Gross
Wet

Chronicle

The Commercial and Financial

(2308)

„

SEC

The

$50,000

applied

be

to

by

Penn to the pay¬
the proceeds of
their respective

South

open account indebtedness to the parent,
sale by the subsidiaries is to be applied to

an

construction

hearing
l-

the

for

Except
ment of

the stock

programs.

income after

Number

until June
2200.

given interested persons
the application.—V. 171, p.

8

request

to

a

shares

545,977

1949.—V. 170, p. 10.
r

YiYHYYY. -'I:

"

The

corporation on. May

22

'8EC

covering $256,000 ox oto
to be offered at par.
underwriting involved.

1950,
No

These debentures
ment to be dated

of notification with the
umuiative
debentures dated June 1,
The proceeds are for working capital.
filed

letter

a

the first to be issued under

are

Stanley Woodward, formerly Vice-President in charge of the com¬
pany's Southern division, has been elected Executive Vice-President.—
V. 171, p. 2201.
VVy:;:y,yv^:^:.r.v a
yyy^ -r

debenture agree¬

a

Rutland RR.

Trust Co.

Utility firm

of

York

New

has

by

appointed

been

agent for the exchange of one share of $20 par value

as

V.

for

two

shares

of

the

$10

new

value

par

common.—

171, p. 2101.

railway
railway..,

from
ry.

Gross

ry.

1947

ry.

Gross

$512,8C0

$510,549

21,520

3,764

61,449

♦38,770

5,222

•22,870

1,726,969
*2,197

1,784,702

1,992,601

1,889,765

*164,845

126,276

•126,841

*189,779

*357,059

*62,051

*349,048

—V.

railway.
railway...
income... *

oper.

MONTHS

1948

1949

.

Y'Y.

-

..

1947

1,344,892

729,639

47,002,284
10,525,943
4,688,529

43,293,169
9,406,700

10,961,831
4,977,305

3,887,119

|

1997.

p.

1,068,310

46,630,421
9,463,001
4,118,153

^

railway
oper. income

171,

977,231

45.605,376

income
1—

railway—

from
ry.

1950

.

FOUR

FIRST

railway..— $11,400,220 $11,305,805 $11,479,031 $10,582,486
2,875,942
2,275,011
2,501,399
2,071,024

oper.

Net

25,181

*22,961

'

-

AND

railway

from

Net

APRIL

FOR

1—

from

from

Net

$442,340

> $443,323

income.

oper.

From Jan.

Net

stock

common

Net

1948

1949

1950

from

Net

the

.

from

from

From Jan.

AprilNet

Public Service Co. of Colorado—-Exchange Agent—
Guaranty

Gross

Earnings—

as

.

April—

*

r

has

Exchange

1996.
EARNINGS

.

Gross

The

1,

-

Stock

York

New

Net

of June 1, 1950, authorizing the issue of not more
$1,000,000 of such debentures.—V. lux, P- 2108.

Inan

Jan.

(The) Ruberoid CoY-YOfficial Promoted—

:

Public Finance Sendee, Inc., Phila.—Files—

,

received notice that funds are
available
for
immediate
payment of the redemption price of the
principal amount thereof, and Interest accrued to the redemption date
of June 26,
1950, of the first mortgage 4%
bonds, series A, due
The

•$1.05

.

RR.—Redeeming 4% Bonds—

Seaboard Air Line

545,977

r..

*$1.16

,

2-for-l stock-split in June,

a

1948

$1,142,263

$1,266,651

Y^'Y

♦Adjusted to reflect

1949

1950

$895,806

outfitdg,..,, 1,091.954

taxes.,

capital

of

Earnings per share

has

upon

Quarter Ended March 31—
Net

Sentry Safety Control Corp.—Files With SEC—
The

corporation on May 19 filed a letter of notification with the
covering 132,050 shares of capital stock (par $1), of which 33,0CC
are
to be initially offered
to the public at the market price

SEC

•Deficit.—V. 171, p. 1890

shares

Raytheon Mfg. Co.—Plans Rights .to Stockholders—
The

company

Juue

on

1

stockholders 290,000 additional shares
one for each five held.
\YYY-

Offering

is

Hornblower
the
V.

planned

&

this

Weeks,

171,

meeting.
1672.
...

p.

present

cofnmon stock at

the rate of

1,400,000

syndicate

a

A

letter of notification

4,000 shares of

headed

by

President, said, after
shares are
outstanding.—
Jr.,

&

shares
for

Co.

each

each

stock

common

the

for

at

account

$14.50,

block.—V.

was

1

Reading Co.

Net

Earnings—

from

railway.:
railway

Prom Jan. 1—
Gross from railway
Net

from

34,626,729

$9,775,098

$9,509,524

1,717,250
803,070

39,381,492

6,494,087

...

■Net ry. oper. income
—V. 171,

2^21,024
1,056,410

40,507,559
7,51,630

37,757,934

3,224,027

7,099,792
3,174,734

3,458,792

ry.

railway
railway

its

Including

has called

5 V< %

Interest

for redemption

cumulative
the

to

redemption

date.

June 30, next,

on

preferred stock

Net

from

from

at $108,375

Holders

of

per

ry.

—V.

218,339

such

Net

share,
shares

Gross

—V.

6EC covering

10,000

fee'offered

$7.25

at

May

shares

22

filed

of

common

share.

per

letter

a

The

stock

with

(par $5), which

the

to

are

proceeds

are

to

be

486,604

257,968

1,397,737

*

1,064,972
470,639

2,315,003

Sales

of

1,628,262

1,044,147

Costs

and

626,401

Cost of sales—,

...

Sell., gen. and admin.
Profit

from

1948

$6,082,864
5,387,566

__

$5,609,331
5,111,983
342,172

$5,438,794

401,046

operations

w__

.

Other income
Total income
Interest expense
Other deductions
Prov. for Federal
taxes

(est.)

$294,252
27,765

Y $155,176

and

State

.

,

$187,563

7216,822

$177,882
27,170

15,693

$404,385
30,070
*63,629

income

______

Net profit

80,393

Number of common shares___

$225,932
291,725

Earnings per common share.

56,000

$0.77

•Expenses and losses In connection
plant,
tIncludes $162,786 profit from
lease.

4,814,297
436,934

22,706

Y 8322,017
___.

?

43,000

$94,712
294,500
$0.32

$267,686
295,100
v

$0.90

>

1,587,632

1,320,934

from

ry.

776,645

685,322

34,142,744

34,344,113

35,597.668

32,433,703

6,836,620

5,349,376

5,617,218

6,121,795

income

3,372,113

from

$

158,631,671

19,251,844

17,739,720

30,890,078

28,832,655

credits

and

YY

213,784.483 205,204,046

operations

income

1,424,761

1,350,527

32,314.839

credits

and

debentures

on

Federal

30,183,182

on

754,200

761,273

9,500,000

8,000,000

22,060,639

taxes

21,421,909

$1.64

$1.59

...

income

(estimated)

2,490,650

2,554,495

Shoe Corp. of

1948

$414,118

$415,574

$325,541

122,209

127,455

SEC

1947

109,555

corporation

America-—Registers With SEC—

May 23 filed a registration statement with the
cumulative preferred stock, series
value), to be issued as part consideration for the common
Gallenkamp Stores Co.—V. 171, p. 2201.
on

covering 4,633

shares of $4.50

82,048

40,494

46,579

1,256,402

1,479,269

A

(no

par

stock of

Y

Silver Bell Mines Co., Milwaukee, Wis.—Stock Offered
—The company on May 25 publicly offered "as a spec¬
ulation" 277,500 shares of class A stock at par ($1 per

49,877

21,047

1,481,991

1,302,205

389,671

352,508

343,864

share).

137,412

114,096

117,906

were

VY:

railway

The

Ry.—Earnings—

1949

income

oper.

share

per

170, p. 1808.

2.907.326

$347,820

railway

income

Net

Earnings

.......

railway

from

from

Net

ry.

—V.

.

railway.

48,778

';YY;Y >Y

1890.

p.

V

296,608

income

oper.

171,

par on

'

St. Louis Southwestern Ry.—April Earnings—
Period End. Apr. 30-^-

-

1950—Month—1949

r;

$4,566,757
3,316,819

that good volume will continue," said Mr. Munn.

to

$4,805,936 $18,386,573 $20,460,482
3,242,270
12.377,444
13,196.331

rev.

State,

from

$1,563,666

$6,009,129

$7,264,151

110,244

111,926

445.147

and

CAPITALIZATION

taxes..

275,841

Y 424,861

1,451,250

119,987

138,550

482,777

497,976

income

$741,865

$888,329

$3,629,955

$4,311,205

income

30,740

29,199

123,256

113,313

City

&

Federal
Other

income

Federal

Railway oper.
ry.

oper.

.Class A

:

1,993,186

Total

inc..

oper.

from

ry.

$772,605

$917,528

$3,753,211

$4,424,518

260,505

ry.

244,240

998,019

1,026,065

pany

Net

ry.

oper.

$512,100

income
1

-

income.

Gross

Deducs.

income
from

Net income
—V.

171,

P.

'

'.I

gross

1890.

inc.

(par $1)

>

33,985

$673,283
29,851

-

$2,755,192

$3,398,452

118,118

101,003

$546,085 Y

$703,139

$2,873,310

140,906

154,641

578,791

617,329

$405,179

$548,498

$2,294,519

be

to

EFFECT

used

pay

TO

to

repay

notes

$1)

loans

secured

PRESENT

by

made

mort¬

FINANCING

Outstanding

277,500 shs.

277,500 shs.

1,500,000 shs.

!

995,213 shs.

then involved in bankruptcy proceedings.

> Mining
properties
now owns were all acquired in June,
1945, from
bankruptcy for Butterfly Consolidated Mines, Inc., by
creditors of Butterfly Consolidated Mines, Inc..
in exchange

the

company

claims

in

against

Consolidated

acquired

Mines,

company

rupt

the

bankrupt estate.

Inc.,

These

creditors

of

Buttertly

turn transferred such mining properties
in exchange for stock of this company.
way involved in
the affairs of the bank¬

in

this

company

was

in

to

This

company.

The

_

(par

trustee

certain

so

Non-oper.

to

Authorized

stock

was

which

for

oper.

are

BUSINESS—The company was organized July 31, 1945, in Colorado,
for the purpose of taking over certain mining properties, and claims
of
stockholders of Butterfly Consolidated
Mines, Inc., which com¬

the

income

GIVING

stock

Common

taxes

proceeds

;

.

461,784

taxes—

County

$1,247,938

ops.

ry.

net

by officers and directors,
for working capital, etc.
'

company

.

Net

per

'3?he balance sheet as of March 31, 1950, showed current assets of
•3,224,384: and current liabilities of $1,838,892.
Earned
surplus at
-March 31,
1950, was $1,902,786 compared with $1,386,427 a year
earlier-—V. 171, p. 1464,

the basis of 0.27883 shares for each of the 995,213
shares outstanding.

PROCEEDS—The

1950—4 Mos.—1949

gages

Railway oper; revenues
Railway operating exps.

Deducs.

Mdiare, which more than doubled the preceding 1950 fiscal quarter
profit of $70,443 and the profit of $60,374 for the same quarter
period of 1949.
"Current sales are at all-time high and indication*

The common stockholders of record May 8, 1950,
first given the right to subscribe for this issue at

common

Other

closing of Trenton, N. J.,
assignment of Trenton. N. J.,

;




1949

$

other revenues

lncl. admin., selling & general 163,642,561

exps.

income

Interest
"

520,738

1950

from

with

Charles G. Munn, President, stated that the profit for the
quarter
ended March 31, 1950, was $155,488,
equal to about 50 cents

ere

and

'

1949

exps.__

I

$7,928,781

858,802

railway....

oper.

Net

1950

__—

Other

1947

$8,982,161

From Jan. 1—

■Nret': sales

1948

$8,415,759

171, p. 1890.

Gross

^Reynolds Spring Co.—Earnings—

products

Income

1,772,153- '1,134,592

railway

No
Net

Six Mos. Ended March 31—

and

1950
*

Francisco Ry.—Earnings—

railway......

The

(& Subs.)—Earnings—

Depreciation, depletion, amortization, surren¬
dered leases, abandonments and retirements

1949

issue.

inventory

1464.

171, p.

Shell Oil Co.

1890.

$8,509,637

the

for

3987.

6,638,495

April—

1698.

p.

machinery,

>631,083

—V.

to

used

working capital.

underwrite

will

retool

1950—3 Mos.—1949
1950—6 Mos.—1949
$15,178,553
$8,300,987 $23,254,613 $16,920,092
856,468
*869,988
122,774
1,299,420
$0.46
Nil
$0,002
Nil

share

per

8,151,222
3,055,253

St. Louis-San Francisco & Texas

Net

for

p.

after June 1,

remainder to be sold

Corp.

Quarter Ended March 31—

railway

from

Gross

net

^purchase additional production facilities and

Underwriting is involved.—V. 168,

notification

of

to

From Jan. 1—

ry.

on

$1,746,984

115,318

Net ry. oper. income.--'

Net

Remington Corp., Cortland, N. Y.—Files—

used

profits after taxes.

•Net loss.—V.

Total

from

time before June 30.—V. 171,

corporation

$2,161,807
r
856,419

Net

Earnings

1947

v': 5,453,926

1950

from

from

2101.

Securities

be

Servel, Inc.—Sales Rise 83% in Second Quarter—

5,424,343

income—.

oper.

171, p.

Gross

18,842

to

are

working capital.—V. 150,

244,902

railway

railway

Net

The

share

$15 per

1948

1949

489,0f4

Income—

oper.

may obtain payment at the Chase National Bank of New York at any
p,

Y

$1,192,679

April—

of

and

Guardian

Period End. Apr. 30—

$1,338,629

St. Louis-San

The corporation

$14.75, $14.87%

First

proceeds

for

4,124,180

Revere Copper & Rrass, Inc.—-Partial Redemption—
shares

net

22 covering

From Jan. 1—

Gross

9,055,076

2220.

p.

1951.

May

$1) to be sold through McDonaldselling stockholders, in blocks of 800

1950

from

Net

1947

Net

railway

on

«par
of

$14.62%,

from

Net
1948

1949

$9,511,478 $10,074,085
2,413,585
2,164,257
1,237,758
1,090 537

income

oper.

the SEC

Sales

Gross

1950

from

Net ry.

with

St. Louis, Brownsville & Mexico Ry. —Earnings—

April—

Gross

filed

171, p. 2101.

April—
1

(approximately at par), with the

Ryerson & Haynes, Inc.—Files With SEC—

common

Moore

Adams

P.

About

of

offer

through

summer

Charles

annual

will

it

announced

no

shortly after organization commenced the rehabili¬
tation of workings in these properties which are located in the San
Juan
district, San Miguel County, Colo., and the company is now
engaged in exploratory and mining operations in these properties."
company

$2,882,127

$3,499,456

(Continued

on

page

56)

,

-

"Volume

171

Number 4913

...

The Commercial and Financial Chronicle

(2303)

Slock Record «» New York Stock

Exchange

DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED ISSUE

Range for Previous

STOCKS

Year 1949

Lowest
$ per share

"37

S per share

Jun

l7/e

51

Jun

17%

Range Since Jan. 1
Lowest

Highest

3%

$ per

Dec

share

44% Mar 31

Dec

2% Feb

I

Oct

21% May

19% Jan

3

Jun

23

Dec

21

Feb

14

Jan

44%

Sep

39% May

27% Mar

47

Dec

43

14%

19% Dec
11 % Dec

Xl7y»
35

5%
46

Nov

Jun

May

18%

Jan

97% Mar
2%

5

Jan

13

17% Jan

3

9% Jan

26

Jan

5

51

61% Dec
23% May
110% Dec

21% Mar 30
110% Jan

5

54% Jan
4% Apr

Abbott Laboratories

22

ACF-Brill

23% May 17
23% Jan 11
42% Feb
52

14

May 31

1

Alabama

3% Jan

3

Alaska Juneau Gold Mining
AldenB Inc common

2% May 4
15% Mar 29

20

Sep

67 % Jan

4

72% May 11

2%

Feb

4

Dec

Jun

2

4% Jan

11

40%

Feb

66% Apr 28

85% Feb

2

64%

Jan

83% Jan

83

July

6

Jun

165

78

May 26
3
21% Jan

Jan

94

Mar

93%

5

89% Mar

Feb

8%

Jan

Jan

8% Jan
200% Jan

2

3

96

May 16

11% May 27

27% Apr

25%

Feb

35% Dec

May 31

13

36% Feb

3

Allied Stores

Feb

16

97

3

May

Jan

97% Nov

33% Dec

31% Jan

13

35% May 29

88

Oct

86% Feb

17

91

26%

Jan

37% Dec

70

34% May 17

27

12

38
104

2

American Bank Note

7

Feb

13

31% May

9
8

7% Jan
3% Jan

13

14% Apr 21
35

Jan

12

104% May
14% Apr

9

21

3

8% Apr 21

Dec

105% Jan

3

120% May 24

Sep

183 % Jan

4

190

Jun

60

Jun

82

Dec

19% July
Feb

25%

15%

Feb

14

Jun

19% Dec
19% Oct

71% July
35% Feb
99

Jan

25%

87

120

79

Feb

18

26% Jan

12

2

23% Mar 28
xl8

7

51

Mar 22

May 29

23

V'.. Feb 23

17% Apr 24
81% May 8
49
Jan 13

Dec

*19% MaT 16

% May 25
115% Jan 16

Mar

61% Dec

Jun

13

44% Jan

47% Sep

39%

30% Feb

56% May

Jan

18

22% Mar 24

33% Jan

Jan

1% May 18

32% Jan

36% Mar

13

86% Jan

23

74% Apr 22

Apr 22
39% Mar 23

173

3%%
6%

Brake

American Can Co
7%

1%

4%

$ per

$ per share

6%

Feb

19%

13%

Jan

18% Jan

21% Nov

30%

303/4

x29 %

29%

2,200

357/b

35%

35%

35%

35%

35%

353/8

35%

35%

3,500

97%

*96%

97%

*96

•96%

97

97

*96%

97

35%

35%

35%

35%

35%

35%

35%

34%

35%

87%

86%

86%

♦86%

87%

87%

87%

87%

87%

36%

36%

36%

36%

37

37

53%

36%
53%

3%

3%

42

3%

3%

*36%

42

*121%

122%

123

123

*36%

4
42

41%

42

42

11%

11%

11

11%

69%

69 %

69 %

t

42%

11%
18

17%
66%

66%

12%

12%

12%

34%

34%

104

*103

11%

6%

6%

118%

118%

1

12%

343/4

6%

10 3/8

68%

69

11%

175/B

66

12%

12%
34 y8

34
•103
c

12%

12

11%

6%

13,900

118 %

119

118%

118%

2,900

186

186 y4

187

187

100

25%

25

253/4

24%

25

2,400

62%

62

62

62

62

900

24%

24%

6%

6%

6%

118%

187%

i86y4 186%

25%

25%

25

253/a

25y«

60'%

60%

61%

61%

24%

24%

49

49

xl8

18

119

6%

6%

%

*24%

24%

*48%

49

18%

10
—100

*18%

18%

18%

18%

*18

18%

*83%

84%

83%

*83 %

83%

♦$3%

84%

72%

72%

83%
73%

72 y8

73 %

*2%

733/b

1A

170%
*36%

Rights
3%%

.

72

10

___.

168

preferred series A.100
Distilling Co
20

conv

American

1

U

...

k

IS

37

169

36%

243/8

400

49 3/a

49 3/a

600

18

18

18

18%

18

18

24i/4

49

18 %

*24%

49

X24y4

49%
■

1

170

168

37

*49
>

li'ff

*36%

168%

36%

8,400

62%

6%
119

*18%

American Cyanamld Co com

3,900

104

*103

12%

210

3,800

i

34a/a

34%

34%
104

12

2,300
*

123/8

12%

123/4

lo

prior preferred

1,900

17%

66

No par

4%%

37,500

68 a/4

68%

17%
66

No par

Chicle Co

1,400

10%

X66

American

American Colortype Co
American Crystal Sugar com

700

43

*42%

xl7%

*186

118%

42%

11'/a

18

187%

*186

124

42

103%

34y«
•103

11%

42

123%

66

17%
166

104

11%

3,200

*36%

10%

69%

69

17%

66%

3%

33/,

33/4

3,800

42

124

500

1,003

55%

54

124

•36%

5,300

37

*36%

54

3%

/'■'

123

42

11%

—100

Dec

2% Jan

8% May 19

28

24% Feb

4

4% Mar 23

■4 is;
*18

17lft

170%
36%

300
10

84%

*83%

72% *73%
-<*

rl

1 Va
171%

36%

600

,

363/a

1

25,200

1

196,100

Mtf

171

1,800

36%

Encaustic Tiling

1,000

7%

7%

•7%

7%

7%

7%

7%

20%

.20%

20%

20%

20 J/2

20%

40c

18%

19

xl8%

183/4

18%

19

19%

20

195/8

20

Foreign Power com„No par
87 preferred
No par
87 2nd preferred A
—No par
86 preferred
No par

33/a

33/8

3%

American Export Lines Inc
Amer 8c

Dec
Dec

45%

Oct

61% Dec
61% Dec

49% Jan

55 Va Mar 22

American

34

Jun

43%

39% Feb

43 y4 May

American Hawaiian

4

Oct

25% Mar 22
76 % Apr

1
5

Shares

20%

Jun

85% Apr

the Week

7%

*20%

37

Jan

June 2
$ per share

7%

Dec

Jan

June-1
$ per share

20%

3%

16

Sales for

Friday

May 31
S per share

7%

19%

54

Thursday

Wednesday

May 30

$ per share

*20%

69%

64 Va Jan

Tuesday

$ per share

May 29

$ per share

.1
No par

American

American European Secur

Jan

*

Monday

May 27
Par

$ per share

20% May 31

3

Saturday

EXCHANGE

8

xl8% May 29

STOCK

NEW YORK

Jun

6%

30

34

100

Jan

1%
44

30

*103

25

common

preferred

Highest

share

6% Jan

Oct

15%

30

STOCKS

Lowest

Highest

Feb

30

American Chain 8c Cable

Range Since Jan. 1

Year 1949

$ per share

300

30

12%

American Car 8c Fdry com—No par

Range for Prevtona
Lowest

20%

17%

l

preferred

2,400

254%

69%

100

American Cable 8c Radio Corp

2,300

253

*66

Shoe Co com__.No par

4% convertible preferred

100

105/a

10 %

10%

254%

11%

2

American Broadcasting Co Inc

xlO%

7,700

98

*94

97

*20

*41%

.10

Corp

10%

109%

*94

33%
110

*109%

20

122%

100

common

97

10%

33

33%

109%

109%

80

*76

80

33

53%

50

American Bosch

Amer

preferred

cum conv

*76

255-

36

l

preferred

80

20

3%

75% Jan

400

20

♦36 %

67

69%

255

l

American Airlines common

*69

69

600

20

No par

8

7,400

35%

100

Limited

3%

2,500

254

Amalgamated Leather Co com

26% Jan

10%

60

3

3%

69

33%

*94

252%

72

21

6% convertible preferred
50
Amerada Petroleum Corp
No par
Amer Agricultural Chemlcal_.No par

Apr

10%
251%

23/4

19%

*71

*86%

No par

Aluminium

97

2%

19%

72

3y8

69%

32%

2%
19%

•71%

3y«

*78

109%

2%
i9y4

2%
19 y8
72

♦108

40

11,200

124

*118

124

►118

*20

*96

common_No par

6
6

13

124

21

35%

100

.

Mfg

45% Mar

2

23%

*29%

par

preferred
Alpha Portland Cement

12

Mar

23%

*20

11

187%

21%

11%
252%

conv

3

101% Feb

4% Deo

11%
252 %

26

106%

Jun

*94

Jan

Jan

2%

preferred

3%%

2

10% Jan

Jan

97

4% Jan
40

124% May 22

172% Mar

81

4%

Allls-Chalmers

2

16% May 19

Jan

10%

55% Jun

68% May 24

Jan

96% July
5% Jun

*94

Corp common—No

9% Jan

Dec

30% Mar

11

*63

11,000

52

23%

233/8

♦69%

32%

100

No par

40% Feb

Oct

12%

52

3%

80

*108

5

100% Mar

Dec

69

38% Jan

53% May 31
3% Feb 28

Dec

Jun

Apr 19

*76

33

1

3%

x32 %

80

110

No par

Allied Mills

Jun

Jan

12%

52%

23%

2%

70

33

Industries Inc

1

Feb

Sep
10% July

12%

*51 %

♦118

2%

70

*108

gtd

Allied Chemical & Dye

30% Jun

76

61

Allegheny & West Ry 6%
Allen

*76%

3%

No par

preferred

conv

14

83%

61% July
*7% Jun

w w

Allied Kid Co

25%

20

84.50

32% Jan

45

11%

51%

Allegheny Ludlum Steel Corp_No par

Oct

Jan

11%

23%

4

30%

Jan

37,000

34% May 17

110% Apr 24

Jun

6%

34%

69%

24%

34%

2%

50

333/4

51%

DAY

50

34%

11%

DECORATION

24%

52

33%

69%

preferred

2

May 12

2%

11%
52

51%

33%

3%

4%%

400

1,200

52

32%

3%

May 19

Feb

38

27/'B

1,000

39%

3%

51%

CLOSED

124

"118

22%

39%

Allegheny Corp common
1
6%% preferred A_
100
82.50 prior conv preferred-No par

21

Oct

lo

124

223/4

39%

19

255

Jan

*118

23%

22%

39 %

♦71

3

Nov

100

11%

*51%

24%

22%

19%

13

~4%

11%
52

3,400

23

40%

71%

Jan

43

11%
24

23%

♦39%

31%

*51%

33/4

223/4

22%

EXCHANGE

50%

33/4

23

19%

19

120%

STOCK

3%
22%

71

Dec

Apr

50%
31

6,500
2,100

3%

19%

Dec

Feb

50 %

31%

50%

493/4

50%

23 y«

72%

19

Jun

22%
40%

31

49%

49%

3%

19%

210

2%

22%
*38 %

share

Shares

I per share

$ per share

22%

3%

*71%

Jun

93

49

23

*50

No par

Vlcksburg Ry

23

share

49%

Sales for
the Week

June 2

June 1

May 31
$ per

Friday

Thursday

Wednesday

5

Jun

89%

8c

Inc

23%

$ per

,_100

15%

37

40%

Feb

121

Dec

27%

23

•38 %

Air Reduction

Nov

86% Dec

*22%

9

4%

104

1
No par

Adams Express Co
Adams-Millis Corp

3%'

4

22%

9

13% Mar 15

73

Sep

4

48%

SALE PRICES

May 30

$ per share

48%

10

55% Mar

18%

Jun

48%

2.50

Acme Steel Co

25% Jan

17

Feb

17 %

5

_

Co.

AND HIGH

Tuesday
■

May 39

$ per share

AddreBsograph-Multlgraph Corp__lo
Admiral Corp new common.
1
Affiliated Gas Equipment com
1
83 preferred w w
50

39% Apr

Jun

88

Motors

Monday

May 27
Par

21

Apr

Dec

Saturday

t per share

64

82%

LOW

STOCK

EXCHANGE

13%

3

YORK

NEW

Highest

8c Electric

Gas

193/4

51%

42

—10

SS Co

33/a

42

79

EXCHANGE

19%

19%
70

513/4

STOCK

78%

78%

78%
70

10

Co

3%

20

CLOSED

*70%

52 %

*41%

80

80

42%

19%

*703/4

71%

400

52%

525/a

52 %

52%

4,200

42%

42%

*413/,

42%

300

20

19%

71%

71

51%

52%

4?%

DAY

1,200

19%

71%

20

DECORATION

6,600

80

80

80%

600

5,400

3%

3%

3%

3%

71%

71%

51%

80

3 3/8

3,300

42%

20
'

1,700

'

Oct

4% Jan

Jun

48

Nov

47% Jan

48

Jan

1
30

American Hide 8c Leather

46

24%

Jan

32%

Dec

31% Jan

34% Apr

11

American

5%

Jan

3%

Jun

Feb

73

11%

Feb

15% Mar
12%

Jun

73

Jun

11% Jun
Jan

76

4%

Jun

22%
96%

Jun
Jan

,

5%

9%

6% Apr

9% Apr

7% Feb

Sep

19

22%

20

Apr 25

22% Jan

12

American Investment Co

American Locomotive common

Dec
Jan

13% Mar 30

18% Feb

13

Jan

84

4

91% Feb

27

13% Mar 30

Jan

84

Sep

78

5% Jan

7% Mar

29

33% Dec
105%
7

Jan

4
3

Mar 22

104% Jan

Oct

3

6% Jan

Nov

5

34

May 23

19% Mar 30

Jun

Jun

32%

'6

7%

of 111

x

1

•46

33

32%

*8%

34%

Jan

14%
178

8%
49

43%

66%

13% Jan

Jan

13

Feb

10

176

Sep

7

Dec

Mar 28

39% Apr 24

Nov

39% Mar 30

Dec

50% Mar 28

Jan

17% May 12
86
8

Apr

14

Mar 22

34% Jan

11

106% May 17
7% Jan

7

33% Mar 16

36% Jan

Z.Z

22% May 23

16% May 12
185

Apr 24

9% Jan

11

3.90%

preferred

89

•88

•15%

16

*153/4

21%

21

21%

15%

15%
„

15%
*86 %

88%

Amer Machine 8c Metals

4%% preferred

American

*105%

1

*6%

No par

293/8

No par

*33%

No par

21%

Co

American Natural Oas Co
News Co

American Power 8c Light

Amer Bad <fc St San'y com—No par

7%

preferred

;

15%
*177

100

*80%

21

43% Jan

3

9

Amer Smelt 8c Refg com

Co

164

42%

Dec
Dec

40

Sep

141

1%

54%

No par

43

Apr

10

American

Feb

2

145

Jan

13

No par
No par

Snuff Co

25

common

18

27

American

7%

Jun

12%

Jan

11

Feb

45

Dec

9% Mar 21
38% Jan 25

12% Jan

31%

150

1

128%

Nov

128% Jan

5

20%

Nov

19% Jan

13

150%

Jan

146% Jan

Jan

76%

Dec

67

153%

Dec

149

Jan

74

Dec

121

Aug

64% Mar 29

117% Jan
7% Jan

8 Vb Mar

Feb

51% May 23

3

9

22% Feb

3

16i% May 20
76% Jan
158

9

Mar 30

83% Jun

2

121 % Mar 28
12 Va M»r 22

28

32% Jan

28

20

94% Feb

10

Feb

2

Jun

79

Sep

91% Mar

84

Apr

69%

Jun

80

Jan

63

May

Dec

25

134% May

21% Feb

21%

7%

3

May 25
2

May

38%

Stores

American Stove Co

5% Feb

1
14

74

9% May 16

7%

100

preferred

American Sumatra Tobacco

15%

88%

15%

16

82

•80%

82

*80%

400

.

15%

88

16

82

82

7%

7%

500

•6%

7

*6%

29%

30

29%

35

34

34

34

34

21%

21%

213/4

21%

21%

16

153/4
*177

7%

Xl5%

16

182

♦177

7%

7%

55

55 %

161%

163 %

42%

42%
144

144

'

■'

25%

26%
31

103/4

50%

x3l

•10%

10%

50

50%

American

Works Co

Water

*66%

67%

*66%

67%

67%

67%

67%

€8

32%

33

32%

32%

32%

No par

31%

31%

32

32%

32

32%

32%

com—12.50

42%

42%

42%

42%

43

43%

433/8

43%

•109

Anaconda Copper Mining
Wire

New

8c

Cable

21% Jun

2

22% Jun

2

20

110% Mar

8

Jan

12

60% Jun

2

Anderson. Clayton 8c Co

19% Feb

11

24% May

8

Anderson-Prichard Oil Corp
Andes Copper Mining

For footnotes see page




34% Jan

28.

13

86%

.25
50

106% Jan

42% Nov

86
67

86

85 prior conv

*51

12

86

68

—

84 preferred

32%

33

*66%
9

21%
10
20

6

A P W Products Co Inc

5

41% Feb 10

Archer-Danlels-Mldland

No Par

4,800
.

" 4,800
210
30

67

,

9

9%

14,300

69%

69%

300

32%

31%

32%

17,600

32%

32

323/8

9%

720

4,800
21%

6.25

No par

150

10%

23%

8%

Jan

Mar

120%

10%

66%

Dec

5

120%

23%

36%

Dec

10% Jan

5,100

10%

8%

40%

4

820

83%

233/s

66%

preferred

6,300

151%

82%

10%

86

Jan

15

68 %

67%

23%

8%

Anaconda

Feb

23%

68

Anchor Hock Glass Corp

9% Jan

11

23%

85%

47% Mar 30

3

I

2,800
23,300

160 %

150

121%

8%

32% May 19

4% Jan

*120%

10%

11%

23%

121%

400

20%

2C

83

*85%

33% May 19

11% Nov

121

600

1,300

133

159%

150

82%

10%
49%

10%

68%

149%

82%

151

900

49%

20

•120%

81%

3,o00

31%

*130

160%

81%

150%

152

23 3 8

68

11

*66%

5

Jun

11

23%

68%

19%
160

510

26%

30 3/8

50%

8%

27

8% July

120

20%

160%

900

26%

131

86

Jan

28% Dec

120

11

x50

*131

160%
68

68%

:

50%

830

144

•14.1

31%

68 %

27% Mar 10

55%

81

•31
.

6,300

43

42%

143%
263/a

8%

27% Apr

108

1513/s

26%

161 %

AO

*67 %

Jan

Jun

t

143%

56%
163%

56

555/s

2,000

40

*39%

164

6,700

47%

47

483/a

400

73/8

7%

40

12,060

182

*177

73/8

*85%

Jan

37

803/4

35,700

15%

15%
182

100

preferred

35%

2

67%

67%
151

i

153/a

134%

19%

20%
160%

11

11,000

7

84 conv prior preference—No par
1

7%

Amer Zinc Lead 8c Smelt com

35%

69% Jun

159%

11%

11

23%

Jun

8

3

*1193/8

common—No par

Jun

Mar

Inc

x20

21%

67%

American Woolen

133

•131%

133%

21%

43

26%
31

34

21%

164

144

26%

34

55%

56%

•142 %

34

21%

*39%

164%

145

31

133

163

7

,30%

473/4

,

'

43

31

50%

>■

♦42%

26%

10%

*

80

*6%

7%

'

•

,;;; /

29%

15%

48%

43

.

30%

*177

7y2

40%

55%

55%

163

1,600
;

*335/8

15%

47%

7%

x21%

182

♦39%

473/4
41

700

32%

106%

7

161 %

803/4

313/4

►105%

29%

21%

150%

common

75/8
323/4

*6%

182

6,000

7%

7 S/8

*313/4

105%* 1051/a

7%

29%

7

160%

25

Tobacco

25 %

26% May

6,500

153/s

87%

29 3/a

5

preferred

72%

61

133

100

6%

Dec

15%

10%
*50

American Viscose Corp common__14
5% preferred
..—100

American

65

2% Aug

1,700

153/4

33%

.100

American Tel 8c Tel Co

Jun

48 V*

26

*30%

No par

Jun

99% Mar

*143

American Sugar Refining com—100

4%

25%

42%

100

Co

48%
1

21

15%

'

Jan
Apr

*162

100

2

27% Feb

6%

20%

873/4

106%

47%

Mar

34% Feb

*117%

21 *

15%

33 y4

*39%

Building Co—No par

22% Mar 24

49% May

30

15%

16

•105%

41 %

preferred

29% May

Jun

200

89

155/s

87

33%

47%

18

Dec

60 V*

'■

89

16

15%

105%

*41

Jan

Jan

138

6,900

8%

*8

8%

L

;

89

15%
•80%

73/,

♦47%

166

31%

135

33

86 %

153/4

105%

7%

4

Xl57% Apr

28

Jun

20%

32%

15%

*32%

No par

American Seating
American Ship

Jun

July'

,i

300

47%

♦46

323/4

88

7%

5

Jan

16

'

21

33%
106

7%

American Safety Razor

51% Mar 16

57% Jan

7%
*323/4

loo

American Molasses

82

No par

American Metal Co Ltd com.No par

15%

15%

♦80

100

19%

120

8%

*88

15%

*15%

No par

21%

Jan

8%

89

15%

*88

53,4

53/4

53/4
47%

32%

16

*86

100

Amer Mach & Fdry com

8% non-cum preferred
American Steel Foundries

130

*8%

*46

33

90

'

Feb

142

t

8%

53/4

5%
47%

*88

21%

1

preferred

8%

5%

!

473/4

•

36% Aug

39%

g2

Dec

15%

Feb

37

*8

American International Corp_No par

18%

6
*46

32%

*15%

.100

15% Apr

102

6

473/,

32%

No par

preferred

non-cum

13

32

Jan

6%

Jan

28% May 25

23%

American Ice Co common

Mar 10

14

33% Dec

6% Mar

13

Mar 29

84

Jan

Jun

*5%
*47

1

Aug

Nov

Mar

1

50

Products..

Home

15% Dec

100

5%

10

com

convertible preferred

■

28%

169

6%

.

22%

1,800
50

109%

*109

109%

109%

109

"103

109%

56%

56%

56

56 %

56%

56%

57

593/4

59

€0%

14,500

23%

23%

23%

23%

23%

23%

23%

23%

23

23%

5,000

10 y2

*10

♦109

♦10
*4

36%

10%
4%

36%

*4

10'%
4%

37%

38

♦9%

9%

10%

4%

4%

38%

38%

♦9%

*4y#
38

109

:

10%

*4

4

4%

100

38

4%
38

38%

2,700

17

18

The Commercial and Financial Chronicle

(2310)

YORK

NEW

$ per

29%

Jun

77

Jun

share
Feb

8%

13

Jan

13

Jun

77%

Jan

69

Jan

51%

Dec

48

Jan

27

49%
94

Jun

105 y*

114

Dec
'

111

Par

Steel Corp common
4%% convertible preferred

Armour

24

Illinois

of

Co

&

convertible

$4

xll6% May 29

16%

Dec

143/4 Apr

18

19

Jan

9

Arnold Constable Corp

7% July

13%

Jan

01/, Anr

18

19U. J'**!

Q

__No par

26 Va Jun

2

15%

Feb

95

Apr

109

Dec

87

Apr

101 %

Dec

Mar

98

3

110

Apr

104

4

30%

Feb

50%

NOV

47% Jan

13

Jun

105%

Jan

100% Jan

16

Jun

105%

Nov

103% Jan

27

10%

Dec

15

Jan

12% Jan

32%

Jun

47

Jan

41

Jan

68

Jan

87

;

109 Va

*102 %

Dec

80

Mar 23

94

Mar

Jan

13

93

Jun

42%

Dec

363/4 Jan

24

54 74

May 26
May 16

Jun

1123/4

Dec

1083/4 Feb

1

121

93%

Jun

102

Dec

993/4 Jan

5

102 V2 May 23

20

Jan

241/4 Aug

22'% Jan

19

253/4 Feb

7

42

Jun

58

Jan

51

7* Mar 25

657. Jun

1.

100

Feb

110

Dec

105

15

Sep

20'%

Jan

4%

Feb

7%

Sep

13%
4%

Feb

153/a

Jun

2

2

6% Jan

DeC

2nd preferred—.—.,.——100
Investment Co
10

600

24

247.

24 7«

247a

24 7a

24 Vs

1,400

25%

2578

25 5/a

25%

255/3

167a

163/4

1678

16%

16%

*103%
53

*107%

*107%

108

13%

*13 3/8

47%

477a

Atlas Corp—
Atlas Powder common—.

23%

25

Feb

28

12

8% Apr

25

Autocar Co

-3

143/4 Jan

12

Automatic Canteen Co of Amen.
Avco

prior pref

58%

*6%

Jun

7%

Jan

5% Jan

3

9 Ve Apr

18

34 7a

Jun

44%

Jan

37% Jan

4

53% Apr

18

Jun

13% Apr 2.8
9% Mar 27

15 3% Jan

25

Babbitt

133/a Feb

16

Ealdwln Locomotive Works

9% Jan ; 3
18 3/4 Feb 14

127. Apr

4

Mfg Corp

1137a

1073/4

10774

10774

107 7s

107 72

10772

40
500

114

107 Va

4,700
800

14

133/a

133/4

133/4

133/4

135/a

13%

1,000

43'%

48 74

4872

48

4872

4774

473/4

3,200

78

76

76

200

78

*76 Vo
*88 7a

90

897s

897s

400

533/8

53 Va

54%

5372

54 Vs

11,300

1163/4

119

119

12074

1197a

1203/t

1197a

121

1023/a

102 Va

102

102 72

102

1G?72

102

23%

24 Va

59%

*163/4
7
*

60%

623/4

60
*110

7

7

153/4

390

24

3,500

6372

6472

3,300

*163/4

674

7

157.

15%

1574

7

678

67s

67s

7

13

127«

127«

♦la3/,

13

73/4

8

77a

87«

8

8 7a

4872

4872

48

4872

400
900

7

123/4

7

566

153/a

67a

127s

7l/a
13

220

175/3

63/4

11Wa

7

112

111

112

*163/4

153/4

*153/8

102

237s

6574

*110

112

17%

1,030

24

237a
63

*16%

175/a
7

153/g

24

237s

112

*110

15%

13

(The) common—_3

114

907s

175/a

15%

4%

113 7.

53

* 7

5c
5

1147.

♦89

112

*16%

i$1.20)__„No par
—:

1133/4

*7574

23%
58%

7

Jan

5874

53

102

102

*110

6% Jan

240

104 74

5374

91

117%

No par

*10372

59

78

52%

*116%

—No par

5,700
r

*75%

I 52%

-100
—No par

58

58

.

x91

52%

convertible preferred:

Atlas Tack Corp
Austin Nichols common

1033/4

*58

1,300

163/4
107

78

*91

_5

583/4

103%

1672

10772

10474

*1033/4

10772

26 7a

253/4
107

94

*74%

100
—

106

106

10474

i

•

1147a

114

13%

prefe:.ed.
100
Refining common—
25
conv preferred
series A—100

Conv

114 %

47 Va

Preferred $3.75 series B

3

583/4

59

114

non-cum

4%

*1033/4

104%

DAY

106

10

W

&

106

106

—No par
T SS Lines common.—1

Inc

F

12% Jan

16

100

10 Va

163/4

Jan

8

16

107s

25%

4%

16

8% Mar

24

16

1074

16%

17% Mar

.10% Nov

15

Feb

16%

25%

106

210

1163/4

*116

115

107*

16%

100

250

*15%

*25%

1st preferred

2,300

10%

preferred—No par
1

116

1167a

527a
103 %

167.

DECORATION

24

conv

1027a

1167s

700

5174
103 74

5174
103

♦10%

2378

5%

2

CLOSED

80%

5172
1023/4

80

*7S3/4

*15%

23%

cum

80

517a

1013/4

116%

233/4

Atlantic

112% Mar 30
25

101%

xll6

10%

Atl G

73

Feb

Feb

X101V4

116

*10V8

Atlantic Coast Line RR

Feb

May

103

10 %

A T

2

30%

17

EXCHANGE

6*72

517.

STOCK

517s

690

17,600

107a

10

1074

v

the Week

106

1057a

10572

10

*'<.%

30 Va

513/b

51%

June 2

383/8

105

107a

10

80

80%

vi

105

105

105
10 Va

10

"115%

Atch Topeka & Santa Fe com—100
5% non-cum preferred
100

53

'

26,700

104%

10%

10%

7%

May 19

Jun

3873

51%

Associates

77

106

33

105

Thursday

3874

38

377a

16 %

15 Vo May 18

28

Shares

377s

37%

37%

*15%

483/4 May

3

13

$ per share

16%

6%

114% May 19

97%

$ per share

*15 3/4

$1.20

104% May 20
59 % Mar
2

80

t per share

S per share

5

...

Associated Dry Goods common

9
30

Jan

June 1

$ per share

$ per share

Carpet Co Inc
No par
Ashland Oil & Refining Co com—.1

16

177. Jan

Mar 10

15

Sep

26 % May

8

2078

11%

May 31

•80 Va

Artloom

23% May 27

Sales for

Friday

Wednesday

10 %

preferred—No par

13% Mar

PRICES

SALE

May 30

105

5

Armstrong Cork Co com.
No par
$3.75 preferred————No par

Apr

AND HIGH

Tuesday

May 29

37%

10
100

com

$6 conv prior preferred

24
10
104 V4 May 10

Mar 13

^

":T''

■

Armco

2

May 25

53

100% Mar 13

Oct

101%

Jun

share

10% Apr
823/4 Apr

13

38% Jun

106

LOW

Monday

May 27

.:>■

'

38% Jun

V

3

7% Jan

89

Dec

$ per

share

26% Jan

Dec

95

Jun

5

$ per

Monday, June 5, 1950

Saturday

STOCK

YORK

EXCHANGE

Lowest

Highest

$ per share

19%

NEW

Range Since Jan. 1
Highest

Year 1949

.

RECORD

STOCKS

Range for Previous
Lowest

:■.»

STOCK

.

.

127a

1,100

3

87s

50,600

*48

4872

1,300

7%

—No par

47%

47%

1

$2.25 conv preferred...

73/4

1474
10%

1474

14%

143/8

14%

147a

147.

143/8

147a

143/s

10%

103/4

10%

10 5/8

10%

105/a

103/4

1072

10%

4,300

11

1174

11

117a

11

117B

103/4

11%

1072

103%

18,800

215/8

21%

21%

215/a

4374

48

b
15

Nov

8% Jun

12%

Jan

7%

Jun

11%

Jan

xl3

'

'•>

14%

Jun

22%

14%

Jun

25

Jan

60%

Jun

72

July

38

Jun

53

Dec

15

Sep

21% Jan

16% May

41

3634 Jan 16
46% Feb 25
14% Jan
3

39

36

Jun

Jan

*173/4

Baltimore & Ohio

23% Apr

19

4%

223/4 jan

23

Bangor

Jan

5

43 ;

Mar

72

15

51 % Apr

6

Barber

Oil

9

20% Feb

8

Barker

Brothers

■

Oct

11%

Jun

173/4

Jan

26%

Nov

33%

Dec

93/4 Apr
29% Jan

87%

Feb

Dec

98

Jan

15% Mar 25

22% May 10

21% May 12

472%

23 '/2 May

<86%

Nov

6%

Jun

10 Va

Jan

27%

Jun

32%

Feb

7

Mar

69

Mar

30 ya

Jun

16

Feb

16%

Jun

12% Feb

17

Feb

Mar

11% Jun

.12%

Bayuk

93% Jan

v

5

Jan

4

Feb

10

Dec

34% Jan

13

11

Jan

9% Jan

4

16

27%

NOV

1

26 3% May

73%

Jan

85

Dec

93

Jan

Oct

98

Jun

373/,

6%

/

1%
23%
25

109%

129%
9

<

Jan

86

25% Apr 26
13% Apr 26
11% Apr 19
13% Jan

Aug

64

Jan

49

Aug

32%

Jan

1734 Jun

19% July

Jun

7%

11

preferred

•

9

Dec

36

Dec
Dec

Dec

21 %

12

70 Va

28 3/a

287/s

14 3/a

14%

1472

Apr

8

■

May 19

293/8 Jan

6

18

44% May 17

2

7,700

—1

123/4

12%

125/s

12 5/a

125/a

12 5/a

12%

123/4

1272

12 3/a

(E W) Co

Aluminum

—2.50

17%

177B

173/4

173/4

17%

18

18

18

29 3/a

29 3/a

293/8

29%

exchange

29 78

295/a

29

295/a

28%

297a

3,800

5

27%

27%

*27 7a

27%

closed

273/8

277B

27%

27%

27 7Z

275/a

700

No par

*5174

513/4
185/s

5174

5174

5072

513/4

507a

50%

49

5072

1,550

18%

19

18

1872

173/4

1874

173/4

18

1,910

Brass

;

—

No par

1

(The)

Bearing
Airways Inc

33/4 %

Dec

34% Jan

4

17% Apr

24

23% May 22

31% Feb

21

365/8 Jan

393/4 Jan

19 3/i

Dec

95

Nov

94

Jan

4

100

91

Dec

80

Mar 29

89

17% Mar 30

24

11

21V2 May 16
Mar

2

Jan

9,

133/4

137a

13%

137«

13 ¥2

133%

7,300

517s

5174.

507a

5174

5074

50%

4,400

73 74

72%

73%

71%

72%

70

717t

9,100

993/4

*9974

993/4

9972

9972

*2 72

2%

Brooklyn Union Gas
5%

i_2.50
100

cum

conv

No par

preferred

27

1

14

5174

72%

No par

Bucvrus

May 31.

13%
51

5 '

preferred

11

May 16

13%
51
73

2.50

common

&

7%

Erie Co

1

15
No par
No par

5

common.

preferred

Budd

(The)

100

Co common

99%

*2%

*99

3

407j

*25/a

40%

*9%

41

974

Apr

84

Dec

82% Jan

18

13%

Jun

16%

Jan

13% Jan

3

91

153/4 May

7

Jun

9

May

8

Mar 31

*97%

Jun

122

Dec

117

Mar 30

125

9% Apr 18
693/4 Mar 7

79

6%

Jun

11%

Dec

Jun

82

Feb

3

Feb

17

Jun

4% Mar
24%

Jan

105

98% Jun
20%

:

x21

Feb

36%

Dec

34 Ve Feb

52

May

58

Apr

53

1

Jun

2

Oct

Jun

5%

Jun

223/4

Jan

9%

Jan

12%

Feb

98

109% Mar

Sep

41

9% Jan

Apr

12 3/8 Jun

97s

6

26

26

:•

*25

1174

11

117a

117s

113/8

11

1174

6,100

345/8

34%

345/8

35

3472

35

347j

347a

3372

347a

7,000

28%

28%

26

*10372

*2874

26

103%

4474

1272

12%

*40

*10172

105% Jan

24

Jan

14

24

25 5/a

x247a

197a

19

197a

124

22

106

Feb

24

28

21

217a
96

*84

8772

_100

35%

Jun

Jan

5

Jan

21

Oct

18 3/e Apr

11

20% Feb

15.

Canadian

Jun

153/4

Dec

13% Mar 30

16% Apr

13

50% Feb

1

40%

12% Mar
50

51

Jan
Mar

•

Dec

43 % Apr

3

19

16%

Dec

153/4 Jan

56%

Nov

54

For footnotes

see

naee




28.

May 24

Mar 20

18
May 16
57% May 15

Canada

$3

25

1,000

197s

193/8

197s

19%

197s

1974

4,000

124

125

Breweries

class

preferred A

*8772
1474

1472

8%
•123

*87%

*8 3/4

*123

11%

ll3/i

78

79

95%

1472

572

preferred_<__100

*1013/4

103

*1013/4

103

No par

*22 3/j

23

22%

23

par

*41%

41%

41%

417a

50

*53%

55

1

:

5

No par
No par

*6

*2174
113/8
*102

*537a

l7/s

2

6

6

21%

*41

11%

*1872

157a

No par

*44 Va

1

*1772
*55

56

common

10

11%
102

*41

195/8

15 3/8

100

21 s/a

102

42

—No par

25
A

*2174

11%

10274

217s

9,300

*95

96

70

*85

88

100

9072

*87

*8773

1472

-1474

14%

*83/4

127s

'

1474

10,800
400

:

125

11%

7972

14 3/a

V 8%

*123

123/a

*79

9072

;

8%

125

12%

7972

7

97s

•J23

1274

*79

10,900

7972

90

55/B

53/4

5%

55/8

5%

55%

2,500

2172

217a

2172

2174

2172

2,000

*103

109%

10272

223/4

23 74

*22%

41%

42 TP

*53%
,,

55

2

6

217.
113/8
102

J

2

X6

413/4

42

55

20

22%

*53 Vi

.'

600

5,300
-

2

27s

4,400

6

0

67s

£1%

104

227a

<

55

2

215/8

6

3,200

215/a

300

117a

1174

11%

113/a

9,100

1013/4

1027a

♦101%

1027a

220

41%

4172

11%
102

23

'42%

♦537a

67B

*102 72

1027a
■.r

42

,

2

42

407a

41

187a

19

19%

15 3/B

153/a

157a

1574

.'44%

*44 7a

44 7a

44%

173/4

*177a

44%

175/a

17%

*

55%

56

"

19 7a

197a

500

15 3/a

157a

18,100

567a

17% T

17%

18
•

46

46

45%

175/a
567a

110

417a

417a

19

15%.

*44%

175/o
56

21 Vi

2172

*18%

15%

56

20%

9572
87

187a
,

2,600

20%

55

1%
67a

1% ;•

♦79

300

1,300

36

*363/4
X21%

•

3572
21%

95%

9

113/4

377»

21%

36%
22

203/4

300

87

887a

125

79 j
5 5/a

5%

„

9

203/4

•

24,900

7972

3574

3672

96

•123

11 3/4

203/4

•

30

18

17%
*733/4

7972

217s

,88

1474

9 7a

125

800

126

*125

18

*3574

2174

887a

14%

83/4
125

11%
78

21

*8772

8872

126

177s

*783/4

37

♦86

21

Ltd

126

413/4

*

88 7»

5%

Southern Ry Co

Capital Admin

25

96

*203/a

Canadian Pacific Ry
Cannon
Mills

43

24%

*85

5

preferred

10%

40

243/4

*95%
'

No par

Campbell W & C Foundry

16%

May

247B

2174

Packing common—No
preferred

conv

340

247a

25

21

California

Callahan Zinc-Lead

$4.25

102

22

Canada Dry Ginger Ale com—1.66%

Apr

102

35%

12 Va Feb

3

10% Jan -3

1027a

34%

*953/4

42

*41%
*10172

124

:

125/8

125/a
42

417s

10272

'197a

*123

12%

125/8

41

*10172

22

Calumet & Hecla Cons Copper..

100

12%

40 3/4

1027a

37

23/4 Apr 19
6% May 18
22% May 17

18 3/4 Apr

3,700

125/a

40%
*10172

347a

55

28

12*78

12%

41

22

42% Jun

Feb

4,900

3772

5

4

1,500

50%

*37

Copper & Zinc

7%
participating
Byron Jackson Co

5%

43%

503/4

*2172

5

1

43%

50S/8

*34

8

26

44

50%

347»

Jan

Jan

44

50%

10272

*25
*123

44

22

15 '

120

44

5072

3772

preferred—

2,900

507a

22

preferred—100

common

25%
1037a

44

34

1

(A M)

25%
103 72

44

f 37

Butler Bros common

Byers Co

26

104

257a

50%

No par

Term

900

28

28

2872

10

27

*103

26%

10372

18

37i%

Bldg 7%

28

2874

26

79 74

Burlington Mills Corp common^
1
4% preferred —J.
..100
372% conv 2nd preferred
—100

Butte

28

10372

173/s

Terminal

5

29

1037a

783/4

Bush

20

*25

2674

26

104

*44

26

177a

1

2,600

26

11

*25

79 74

Bulova Watch Co Inc

8%

8%

87a

150

1,900

II3/8

5

1—.

6%

9

4072

40

26

17%

Bush

Apr

8 3/4

•41

*117a

*783/4

5

243/a Jan

97»

3

403/8

41%

17%

Forge Co

Bullard Co

472%

41

7972

1

1.

41

*2%

3

17%

20

May 29

*272

*78%

preferred—,:
__i
—100
Burroughs Adding Machine—No par ;

*

3

Nq par

l3/8 Feb

Jan

16%

5

Apr 26

30

3%

13

Mar 29

101 % May

Jan

26%

Jun

33/4 Jan
19

Dec

Mar 23

*99

-

x

*25

'

73

993/4

day

_No par

$5 preferred
Buffalo

*99

40

Bigelow—

$3.60

decoration

72%

Brewing Corp. of America
15
Bridgeport Brass Co
No par
Briggs Manufacturing Corp__No par
Briggs & Stratton

13%

stock./.

51

100 '

Co.

253/4 Feb

18

'

185/8

11 72

15

(assented)._100

3

80

_

17%

.5

—

Roller

Bristol-Myers Co

400

3,700
1,300

5

&

preferred
Brunswick-Balke-Collender

3

.

Shares

16%

Brown

3

Dec

$ per share

$ per share

29 7a

Brown Shoe Co Inc common

Jun

$ per share

Sales for

the Week

1672

2

126

June 2

June 1

*28%

7

20 Ya Jan

Friday

Thursday

May 51

167a

24

Mar

2,400

PRICES

Wednesday

$ per share

2,000

1474

287a

Jun

>

$ per share

29

1478

*144

1672

103% Jan

14

SALE

28%

14%

145

287s

16

42

$ per share

AND HIGH

Tuesday
May 39

270

28%

14%

145

'

17

Eraniff

18
26

105% Jan

2

May 29

146

2 8 s/a

148

283/4

Bower

% May 31

50 3/4 Jun

Monday

1,100
3,700
36,700

16 3/4

Boston & Maine RR

12% Jan

Jan

Saturday

—

74% Jan

60

*143

38

283/4

4

Jun

Apr

283/4

143/B

38%

373/8

16%

9

May

77

14574

28 3/a

263/4

38

375/8

263/4 '27

293/a

Jan

Oct

18%

14574

148

263/4

33%

36%

'>

3774

1474

Borg-Warner Corp common
372% preferred

29 %

39

363/4

60,900

163/4

Borden Co

35 Va May

x38
-•

28 3/a

Bond Stores Inc

1

■

4,600

1%

1%

*28 3/4

4

Dec

36

Feb

if

'

387a

27 7a

27
WC

1%

100

39

105 3/a

105

::

1%

l3/8

245/8
*86%

1067a

16%

9
.

353/a

29% Jun

37

X104

293/8

Class B

76

Jun

393/a

363/4

l3/8

,

277a

39

107

1672

Bon Ami Co class A—

93/8 Feb

13

18 Va Jan
3
123 < Mar 20

Sep

137.

.Tan

100 /• Feb

Dec

125

Apr 20

36% Mar

Dec

193/4

1%
27

83%

*2872

Bliss

10

32 % Jan

50% May 29
11% Apr 24

24

Jun

Feb

13%

100

14,000

243/4

*86%

14%

Par

Jan

12.y8 May

13

12%

61% July
26% Jun
12 Va

Jan

1023/a

13% Jun

7%

Jan

243/4

X24%

No par

Bohn

41

253/4 Apr 19
23% Mar 24

40

Jan

120

28

14%

3,800

No par

3% Apr

4

Dec

39

Jan

Jan

15%

May

4,600

147s

89

23 3/8

,

Bliss & Laughlin Inc

100

7 3/4 lviar 10

Jan

33

29% Mar
95

25

30

467a

14

25%

*14474

Boeing Airplane Col

163/a Jan

14

29% Nov

183/4

,

7% Feb

Jan

Apr

105%

f
f

r

May 27

...

1

x243/a Jan

24

8% Mar

897a

4674

Black <Sc Decker Mfg Co

60

30

x34i/0 Feb

*88

106%

i.

17a

LOW

May 10

Jan

Oct

t

1067a

L

No par

STOCK

YORK

1

Jun

313/8 May

2V2

Dec

NEW

18

1% Mar

'

8972
46%

♦8772
>

..100

5

Dec

Jan

id" 105%

'

Biaw-Knox Co

3

May 23

98%

98

24%
90

90

..No par

...n

EXCHANGE

91% May

1

•88

36%

31

15

97% Apr
1% Jan

1,600

363/4

73% May 26

Feb

15%

No par

143/4 Jan

2

1

155/s

39%

24%

*88

300
500

15%

27 7s

513% Apr

25%

*873/4

1,600
>

*15%

3974

55

32

15%

277a

13% May 16
48 VB Jan
9

Jun

153/4

1

Dec

Jun

15 5/a

15
16 3/a

—1

Dec

20%

1574

32 7a

15

260

*15'7a

12

51

21%

15%

3134

120

2,700

.

1674

17a

59%

93/8

*157s

83/4
307a

157a

1%

(Del) com

87

.

872
3072

83/4

300

16

Benguet Consol Mining Co—18 pesos

3

2,400

23

15%

11

Apr

47%

15% "
15%

1053/4

42%

Jan

15%

1053/4

38 3/8 Mar

Jun

♦157a

IS3/.

323/4

3

17

3

Jun

157.

*15S/8

33

25

Best & Co—_——.—_i_—

160

18%

32

327.

*15

15%

88

29 V2 Feb

223/4 Mar 25

6%

x31%

323/4

15%

153/4

*32

*15

25

May

10672

*86

''

33

83/4

1,500

183/4

30%

5

,

$ per share

.t

87

*30

293/8 Jan

A

22% Jan

Jan

*85

85/a

307s

88

$ per share

Dec

6%

87

872
293/4

24%

3

23

Highest

25% Mar

25 y8

*85

8%
30 3/4

100
,

Birmingham Electric Co

27

38

85

87a
*3078

10

Bigelow-Sanford Carpet

Jun

Jun

85

8%
303/4

1

common

153/a Apr

Aug

26

87

872

1,300
3,300

-

23

./• 1

2374

*307s

1

291/4 May 19

17%

Nov

*85

19

7,200

5274

105 7a

105

187.
*223/4

21/eJan

3

21

133/a

23

STOCKS

Dec

15

23

105

183/4

2374

*8772

Lowest

Jan

Jun

18%

23%

10

'.

145 % May 29

$ per share

105

18 s/8

23

Cum pfd $3.25 ser of 1946_No par
Cum pfd $4 div ser of 1948_No par

Feb

Range Since Jan. 1

14%

105

*187a

23

100

—_<

21

Highest

Nov

18

106

19

par

?

1

243/a Mar 27

Year 1949

50

*105

106

'33%

13%

Range for Previous

9%

3472

34%

467a

139% Jan

Jun

34 Vi

33%

13%

Dec

8%

34

34

Best Foods

15 Vo

34

34

463/8

Bethlehem Steel

30%

10 74

133/4

38% May

Jun

107.

10% :

453/4

39% May 26

Jun

10%

2,000

187a

10%

10%

1378

13

10%

1872

88

20

22%

517a

18 5/a

46

30% Jan

$ per share

52 3/a

18 3/a

133/4

31% Apr

Lowest

52 7s

187a

38

873/4

Oct

(,

373/4

537s

18%

45%

Jan

9% Jan

*37%

52%

13%

1:

373/4

♦37%

1074

pfd—No

*377.

140

1874

53

18%

*187a

*17%

38

10%

*105

18

400

49

525/8

107a

100

*477a

*3774

38

52%

*34

49

173/4

467a

Dec

313/8 Mar

187s

18

217.

213/4

*48

893/4

113

1% Apr 21/1
<26
Apr 26

11% Mar

49

48 Vi

133/4

36
141

1,200

693%

46

33%

Jun

21

69 7.

18%

preferred

/ 27%

Jun

52%

21

7074

2172

50

Aviation

Feb

.

*3774

21%

70

lO'/s

(A S) 43/4% pfd

(TT 23/4 July

Jun

18 74

17%

-

4,400

217.

70 74

Bendix Home Appliances
3373c
Beneficial Indus Loan common
10

Bendix

May 15

90

1

■

17%

17%

—2.50

conv

Howell Co

474%

5

47% Apr 29

12

X1043/4 Jun

Dec

Oct

22%

X24% Jun

893/4 May

48 72

21%

21%

*183/a

Bell Aircraft Corp
&

*4772

12.50

Beech-Nut Packing Co_
Belding-Heminway
Bell

49

2274

217a
*70

1

Aircraft Corp_._

Dec

May

23%

X85

Beech

18'/a Apr .27
15 7/8 Apr 22

Apr
213/4 Feb

85
26

Beck Shoe

cum

*4772

1,500

21%

21%
7074

No par

Inc

Beech Creek RR__

8*

1

div

21%
70%

187a

convertible preferred

$1.50

9

341/2 Jan

Cigars

33/s%

*6

153/4 Apr

Co__

Beaunit Mills Inc—

24
May 4

321/2 Feb

.

Oil

Beatrice Foods Co common

May 11

3

13% Jan

Feb

9

86

7

Mar 14

,31

Jun

10%

Bath Iron Works Corp.

108

3

11%

Barnsdall

34% May 17

12

/

,

preferred—

3
6

I3V2 Jan

9

Jan

74

common

217a

7174

5

(Delaware)

20 7/8 Mar

3

73/4 Feb
29% Jan

•

Corp

213/a

50

preferred

57>/2 Feb

17

Feb

5%

*7074

10
10

& Aroostojk common.;

Convertible

26

Jan

Dec

153/g

20%

100
50
100

3

56 Va

101

preferred-.

non-cum

100

12

Feb

13

common

Feb

Feb

12% Nov

Inc..

63 / Apr

9%

39% Mar

(B T)

r

56

t

56

300
300
T

80

Volume

171

Number 4913

...

The Commercial and Financial Chronicle

NEW
Range for Previous

..""."/■V'-

Year 1949

Lowest

'

YORK

STOCK

NEW

Highest

YORK

LOW AND

'

STOCK

-.V

Saturday

EXCHANGE

May S7

'

$ per share

5%

Feb
—

100

$ per share

1;

9%

$ per

Oct

8% Jan

1

Jan

12

13

18% Jun

'■

'

$ per share

share

11

108

Feb

102;

26 3A

Jan

33

Dec

31% Jan

35%

Jan V

30% Jan

3

Jun

1S%

•

303/4 Mar
30

36

NoV
Nov

38% Jan

146

37%
104%

Nov

Jan

140

6

Dec. '

Jan

3

3434

Dec

105%

Dec

132%

Dec

133/4

jun

263/4

Jan

18

15%

Jun

i83A

Jan

;

143/4

Jun

17

Jan

15.

;

7% May

29% Mar 21

'

156 / May

t Apr 26

21

6

9

■<

&

Light

Jan

&

4

Jan

Jan

15

Dec

Case

I)

(J

7%

Co

Dec

preferred

$4.75

1%

1st

2nd

2

10%

Jun

14%

Dec

14% Jan

13

9%

Feb

13%

Oct*

12% Jan

3

July
143/4 July

8%

Dec

7Apr

3

21%

Jan

Dec:.

■?' Jan

10

18

5%

28

Central

Aguirre

Central

Foundry

Celotex

113

Dec
Nov

31%

Dec'

26% May
30% Jan

Jun

933/8

Dec

98

5 % Aug
17% July

9%

Dec

28%

Jan

27

Nov

34%

77

Nov

85

Jun

Feb

27

4

Corp common.,
preferred

4

15

Jan

Central

&c

Central

21% Jan

18% Apr 29

5%

1

Jan

31

Jan

3

40

No par
100

?'

104% Apr
10% Jun

5

7% Mar 29

5

Jan

24

Jan

26% Jun
Feb

15

Products

Chic & East 111

8

May
Dec

!

93/4 Jan

3

12% Jan

13

13%

Dec

11% Jan

13

20%

Nov

19% Jan

3

28% Feb

Jun

10

Jan

73/4 Jan

3

10 3/4 May 12

14

15% Apr

10

18 3/4 Mar

Jun

5%

Jan

4

Jan

5

53/4 May

Jun

8%

Jan

7% Jan

13

9% May

Chic

3

34%

Jun

Dec

35% Feb

27% Mar 30

1

15

Jan

24

Dec

36'A

Jan

273/b Jan

3

Jun

29% Mar

17

Jun

55%

Dec

17

25%

Jun

41%

Dec

393/4 Jan

13

563A

Jun

82

Dec

79

Jan

14

88% Mar 17

11*

Jan

153/4 Feb

13%

Nov

12

Jan

18%

18

18

9%

9%

8%

73/4

8'A

7%

7%

25%

25%

24%

25%

24%

9%

9%

93/4

9%

9%

37%

37%

37%

x36%

37%

363A

*112

9%'

93/4
*

30

15%

15%

153/b

19

183/4

18%

7%

*7%

21%

20%

18%

preferred1'series A
Chicago Yellow Cab—

Jan

133/4 Jan

4

Jan

3% Feb

14
3

67% May 29

Jun

60

Jan

45% Jan
30

30 %

Dec

36

Jan

44%

Jun

68%

Dec

Apr 28
62% Jan 13

26 J/4

Apr

323/8

Sep

30

971/2

Jan

IO51/2

Sep

Feb

8 3%

Jan

34

4

26

Jan

24

32% May 17

Cincinnati

58

Jan

13

68% Mar 22

C

6% Apr

Dec

109% Mar

1

8% Jan

86

Sep

82

Jan

3

343/4

Dec

31% Jan

13

34 (■

16

Jun

19 3/8

Oct

16% Feb

16

19 % Mar

203/4

Jun

30%

67

Nov

85

24
138
72

Mar 11

Jun

43%

Dec

43% Jan
109% Jan

Dec

6
12

80% May 16
47% May
3

17

28%

Apr

112% Mar

29% Jan

26% May 12

9

Jan

108

Aug

106% Feb

24

611/2

Dec

73

Feb

623/4 Jan

3

72

36i/2

Dec

43

Jan

37

Jan

4

43 /

10 %

Aug

15%

Jan

12% Jan

3

193/4 May

241/2

Jun

35'/a

Dec

323/8 Jan

13

373/4 Mar 15

Dec

105%

Dec

Jan

13

112% Mar 16

101

5%

Jan

4

Mar 22

Jun

30%

Feb

22

Mar 27

July

141%

Sep

137

70'/4 Nov

82%

Jan

74

Apr

26

Sep

150

Jun

2

33/4 July

Jun

172

5% Jan
143

May 11

18

Feb

813/4 Mar
165

Jan

7%

8

4%

3

52 s®

May 24

55

42%

Jan~~3

46% Mar 16
101 % May 22

64

July

Jan

1075

Jan

Feb

43"%

Jan

100

Mar

Class

8

Dec

97% Mar 22

XI33/4

Feb

173/4

Jan

163A Jan

12%

Jun

19

Jan

14% Mar 30

15

Jun

193/4 Jan

Fuel

19%

Jan

16% Feb

15

19 % May 31

17%

Dec

16

Jan

13

32 J/4 May 27

Jun

17%

Dec

16% Jan

13

35% May 26

4%

non-cum

7%

Jun

163/4

Dec

15% Jan

13

4%

non-cum

17%

Jun

29%

Dec

28% Jan

3

32% May 25
38% Apr 18

16%

Jun

28%

Dec

28% Jan

13

9"%

Jun

13

Dec

113/4 Feb

14

73/4

Feb

13%

Oct

113/4 Mar 30

48% Mar

68%

60% Mar 25

30% Feb

15

26%

Jun

32%

Sep
Oct

18%

Jun

221%

Sep

20% Jan

5%

27%

4

12%

■>'

26
16

14%

X

14%

115/8

11%

11%

2,500

143/4

14%

9,100

16%

16

16

2,600

27%

26%

27

3,000

10%

10 %

10 %

10

10%

10

10%

10

10 3/8

5%

5%

5%

9%

9

91/8

*

*5%

:•

30%

15%

14%

14%

143/s

33

33%

32%

33%

30

29%

30

*29aA

30%

■"'"Tuesday

May 29

55%

56%

100

42%

55%
42%

*55%

42%

42

42%

6,700

t>4%

83% "84%

83%

83%

1,200

.13%

»123A

13%

200

*12 3/4

Thursday

/

17%

<18

*17

75/b

7%
64 %

66%

67%

33

*32%

34

*32%

17%

7%

64"

63/4

1083/4

30%

34

34

34

69%

EXCHANGE

69%

70%

69%

70

69%

CLOSED

33%

33'A

33%

33

33%

108

108%

STOCK

v

:

■

30 3/4

65 3/4

108

'108

108%

*30%

66%

*1073/4

303/4

30%

64%

DECORATION

.653/8

*32%

;

108

*7%

75/a

•

7%

-

93

*913/8

•

.

DAY

*7%

7%

31 y«

31%

31%

66

653A

18%

*18 3/8

18%

-

27%
*75

*26%

27%

*138

160

*138

v 81'

46

•

*75

110

1093/4

28%

*28

;

:
:

273/3

33%

33

18%

*18%

18%

18%

;>-

/

273/a

27%

273/a
138

150

*75

81

•

•

110

42

42

f"
V

18%

18 %

18%

34%
109

109

71%

40%

40%

20

18%

173/4

18%

9,600

343/b

34%

343/8

1,900

108 V2

109%

*109

109%

110

1373/4

1373/4

*1373/4

1373/4

1373/4

*137%

773/4

773/8

773%

*77%

*77%

773/4

*77%

154

52%

No par

45%

52%

*1180

No par

*

153%
*52

32

*1180
-

45 %
100

45

154

139

773A
154

154

v

153%

154

52ft

-52

4%

;

523/4

523/4
"■■

*1180

—' ?

w—'

■

46%

139

210

32

46

45%

52 ft

99%

99

99%

98

18%

18%

183/4

18%

18 3/4

1"%

18%

16%

18%

18%

18%

19

19%

193/8

19

19%

18%

19

*99%

100

18%

183/8

18%

18%

313/4

32%

32%

32'A

31%

32

34

35

34%

343A

34

34%

2nd

preferred—100

32

32%

32

32

31%

18%

r

19%

•

C 98

*97

99

18%

183A

313A

313/4

;

33%

33%

31%

31%

32 V2

32

32

19

.34%

34%

34%

35%

35

35%

35

35%

34%

35

35

35%

35%

35

35%

35

13%

Inc—-No par

13

preferred w w—No par
Elec

13%

13%

13%
*61

63

14

13%

13

13

*123/4

13

12%

63

*61%

-,"63

61%

61%

353/4

.'

35%

36

21%

213/8

22

22%

V:,35%

213/4

900

36%

13%

36

2,900
-

123/4

*61.

14

13%
63

353/4

.

5

Co.

14

21

No par

Co

Ohio

720

14%

36

36 SA

21%

36%
21%

22

22

30%

14

,

1,100
500

35

*61

So

5,400

:

35%

34%

70

66,800

k

31%

*34%

No par

&

v.

2,100
/■

.33%

19

31ik

A—2.50

common

Carbon

■!'>

333/4

W

2.50

Columbian

2,500

18%

18

20

System

440

46

No par

Ry com—100
100

Pictures

2,000

*1180

45%

1st preferred

Gas

100

773A.

No par

Corp com—No par

preferred

cum

1,200
3,300

153

150
52

ft

*1180

i"

46

453A

\

800

4%
27

27

"

52%

'•

173/4

138%

•154;

20

*70%;

34%

34%

109

1,400

*40%

*40%

109

280

27%

42

34%

1083/4

4,500

103%

*40%
173/4

20

47%

27%

71%

34%

1,100

•';r: v

110%

*106%

*70%

173/4 V 17%

400

465/8

71%

71%

343/e

1,900

•

85,

28%

*70%

34%

150

108%

*106%

42

,*40

10
;

110%

47%
111

28

1073/4

71%

*70%

300

V

275/o

*75

*70%

109

6,800

183A

*106%

285/e

x28

283A

33%

*133

81

'k

*77%

$4.25

130

1,200

:

93l

V

27%

273/e
138

•

47

1093A

1093/4

110;

*75

47%

46%

46%

i

.

*91%

*1373/4

Columbia

33,700
7,600

7%

*73/8

91

33!

1073/4

109

7%

91'

.*138

160
81

463/8

46

1093/4

'

7%

7%
93

*18%

33%

43/8

Columbia

1

66%

33%

*91

■

333/8

*183/e

.

100
i

31%

65%

>

33%

93

33% ' 33%

No par

34

"

*91

No par

1,370

703/s

33%

\108

66

80,900

64

69%

30%

653/4

400

7 V

32%

;

Shares

17%

63

65

.

Sales for

the Week

$ per share

173/4

63/4

7%

•66

June 2

$ per share

$ per share

$ per share

Friday

June 1

May 31

17

13%

"PRICES

Wednesday

May 30

$ per share

69 %

700

-56%

*12%

Monday

■_

4,500
4,200

>yy

84%

...

13%

66

•<

■'

14%

143/a

42%

84%

*12%

S-

*55%

56%

84

12%

:

145/a

33%

1

*108%

4,900

30

.

43

69

30%

30

30 5/a

33

7%

*3*}

19,100

143/4

42%

33

500

93/a

30

*163/4

«

30

9%

335/b

*55%

84

2,900

5%

9%

:

5%

145/a
*29%

,43

•

30*%

30%

.

53/8

9 .>•

9%

9

303A

53/8

.<

14%

33%

30

64%

53/4

1

7

i

,

27%

13

1,300

12

16%

143/4

43/a

com

100

63/8

143/8

>

263A

Corp

25,400

82

6%

4%

com

100

1,800

27

*79

63/0

27'A

B

Columbus

11%

26 5/e

275/8
82

6%

4%

14

6

6 3A

11%

>

27

*79

82

6%

263/4

20

22% Mar

273/4

*79

43/8

Columbia Broad Sys Inc cl

17

100

263/4

14% Feb

Apr

9,700

283/4

43/a

14% Apr

37

10%

•"*28%

263/8

66

Feb

9%
*28 %

9

8%
29

43/a

Class

Apr

40

95/8

283/4

8%
29

263/4

18

38

105%

27%

17

& Southern

conv

Colorado

*104%

43/8

Iron

Jun

104%

39

16%

6%

—100

1

8'/4

104%

104%

*26%

(The)

7%

17%
28%

38%

1

Internatl

&

17 S/8

*28%

393/8

No par

$3.50 preferred
:
& Aikman Corp

Colo

17%
29%

39%

273/8

$ per share

_1

Collins

20

178A
*28 5/b

16%

*16%

No par

pfd

18
29

.395/8

27%

Saturday
May 27

-25

common

Colgate-Palmolive-Peet

193/b May 31

13

6,000

100

.

163/4

12%.

i

A

Coca-Cola

4,700

100
preferred—-v—100

preferred
cum 2nd
Co

7%
20 3/8

27%

f*83

100

Molybdenum

Coca-Cola

*7%
20%

63/4

145/8-

*55% 1 56%

No par

Corp„•

cum conv

7%

20%

16%

28%

4%%

*7%
20%

27

33% ' 34

Par

,

Clopay Corp
;
Cluett Peabody & Co com

5

27% May 19

Dec

Nov

143/8

303/8 * 303/a

—100

*

Inc

7%
20%

'•

83

*113/4

100

*7%

104%

29

*6%

i-10

Milling Machine Co—10

Foods

18%

16%

9

Illuminating com—No par
preferred
No par

Clinton

15%

28

*80

12%

*1073/4

Climax

8

1,000
9,000

14%

1,200

55/o

Graph Bronze Co common—_1
preferred
100
Cleve & Pitis RR Co 7% gtd
50
Special gtd 4% stock
50

Mar 14

11

27%

5%

Mar 25

10%
*18%

"V-; 173/4

■

83/4

x275/e

65/8

14%

Cleve

1073/4 May 29

113/4

10%

i
—-25
Eleo com..—8.50

preferred

$4.50

10

185/8

105%

8 3/e

1

Cleve Elec

4

*93/8

16%

City Products Corp

3

9%

27

.

5
100
No par
City Stores Co
:
—5
Claik Equipment Co
—20
C C C & St Louis Ry Co com—100
5% non-cum preferred—.—*
100
&%%

Mar 15

100

9%

-

15%

39

*104%

.V 82

12%

City Investing Co common

May 12

28% May

3

Jun

-

145

1

Mar 30

112%

Jun

93

3,900

112%

*112%

112

11%

93/4

29

*28%

6 S/8

1

1

&

I T Financial

4,500

37

37

20%

18

28%

82

;

preferred

4%

4

14

Jun

Oct

Gas

4,200

9%
37%

14%

•

1

Corp

Cincinnati

24%

93A

7

*18%

LOW AND HIGH SALE

common

preferred
Chile Copper Co
Chrysler

6,100

24%

9%

183/4

21

29'

28%

i

No par

OIL.

Cotton

Co

103% Jan

Jan

36% Mar

•

STOCK

YORK

5 % %

Jan 16

791/2

Jan

Childs

71% May 8
34% Feb 24

4

25

Mar

Chickasha

24

7%

243/4

153/B

38%

'

.

7% May 29

18% Feb

4,600

15 v,

29%

> 8%

*28%

100

EXCHANGE

51%

2,500

9%

*18%
•>

38

105%

>*8%

100

$ per share

$ per share

$ per share

Dec

*104%

P vtc„No par

Conv

NEW

16%

Dec

&

preferred vtc

Highest

500

18%

12

*29

38

423/4

19

100

17

12

/ 73/4

173/8

293/4

38

Chic Rock Is & Pac RR Co„_No par

13% Apr

12 %

12

46% Feb

3

115/8

9%

93/4

*163/4

5,000

,

9%

.

112

112%

*112

112%

500

19%

18 %

7

8%

112%'

12,800

133

9%
73A

9%

9%

-

;

36%

1073/4

18%

18

9%

9%

700

18 S/8

17

*165/8

10,000

35%
133

18%

40

42%
105'A

*106%

36%

18%

19

25%

14%

Jun

29%

133%

353A

363/4

3,900

147

41s/8
105

107

132

;x363A

18%

*29%

Jun

593/4

107

131%

9%

*29
t

"_1

Chicago & North West com—No

Range Since Jan. 1

Feb

106

Xl30%

18

9%

par

'Lowest

Highest

Jan

X106

133

STOCKS'

Year 1949

$ per share

107%

17%

•

Ry Co cl A
25
1
No par

Paul

Range for Previous
Lowest

-36%

,5,100

43%

•145

42%

36%
*132

200

9%

43

104%

4,100

39%

93/8

146

41%
104%

v

.

165/8

5% preferred
100
Chicago Pneumat Tool com
No bar
$3 convertible preference—No par

20

145%

41%
104 %

80

19 5/„

19%
*38

9%
433A

43%

146

41%
104%

1

165/e

56% May 17

3

*"

May

A

433/4

*144

41 %

7%

;

31% May 18

49%

26% Apr
53% Jan

Milw St

Series

34% May 20

213/4

(The)

Class B
Chic

39%

9

104 %

203/8

com—No par
40

;

& Louisv

Ind

20%

39%

83/4

43%

145

15%

Chicago Great West Ry Co com—50
5% preferred
.50

8

4%

A

Chicago Corp

4

23

3

Jun

RR Co

J

Class

20

39

16%

>18%

No par

8

5

12

20%

83/4

DAY

43%

12

1

-

:

3

12

20%

*38%
•

109%

'

13% May

15

4% Feb

30"% Jan

2

80

1,700

163/4

93/4

50

Checker

5

40

16%

*112

Champion Paper & Fib com—No par
$4.50 preferred
No par

2

Apr

40

'183/4

100

Cab Mfg
i
1.25
Chesapeake Corp of Virginia
:5
Chesapeake & Ohio Ry common—25
3%%
convertible preferred—100

30

40

19%

9%

.*

South

Chain Belt Co

22

40

18%

37

86% Apr
7% May

4

Feb

Jan'

11

40

18%

•

class A

1,500

107%

107%
133

25

:

No par

;

32

18%

■'i-

50

Certain-teed

May 17

Jun

89

1

313/4

104%

36%

•

32

CLOSED

DECORATION

9

41

32

163/4
18 :

West Corp corn—5
Sugar Co
9.50
Century Ribbon Mills—
No par
Cerro de Pasco Copper Corp
——3

7

Feb

54

••

Violeta

16% Mar

19% May 17
8% Jan
3

Feb

293/a

J

Central RR Co of N J

1

\
:

13

%%

36 %

107%

J5

Co

B

7%

1075

41%
105

*132

_20

Co

Light
preferred

Class

9

xl24%

♦143

No par

Sugar

Illinois

30

12%

133

143 %

41%

'

•v

Jun

21%

143%

_100

of Ga Ry Co vtc
preferred series B vtc

5%

2

113/b Apr
14% Jan

17% Mar 30

16%

1013/4

43

No pdr
;

Central

5

5

31%

22% July
18% Jun

i

433/8

No par

preferred
preferred

9

10% Jun

'

*

110% Feb

Oct

20%

433/8

common

14%

Jun

Celanese Corp of Amer com

Mar 14

Central

Dec

105

19%

*104

32 'A

40

39%

*83/4

100

.

38% Feb

25

108

193/a
*37%

9%

100

4.20%

Preferred

10

9% Jan

6%

19%
39%

*83/4

25

35% Jan

Oct

42'/a

193/4

1,700

*32%

STOCK

108%

EXCHANGE

*37%

.r

3,200

19%

♦108%

108%

40

1

Corp

11%

X20

,

50

series

Corp

Central Hudson G & E

112%

35

39%

25% May 26
10 3/4 Mar 29

Oct

2Ve

39%

common

18% Apr

3

Jan

,

32%

3

8

xl3

*32%

12

104 %

6%

4

19%

108%

Shares

10 "/a

19

108%

share

10%

18%

32%

Caterpillar Tractor common—10

9

10%

19

32%

10

4%

10%

19

19

10%

No par

38%

Sales for

the Week

ver

19

109%

.

$

103/4

*108%

Jan

36%

10

19%

sh"re

,t

share

11 %

*10%
v

109%

9% Jan

Nov

9%

11

Friday
June 2

June 1

May 31
$ per

$ per share

\

*1083/4

5

General

$ per share

Thursday

Wednesday

May 30

100

Ry—

Corp common

Cohv preferred

Carriers

11% Apr
6
83% May 27

3
'

Jan

9%

17

11
*19

Co

173/4 Apr

May 10

24%

5%

Power

Carrier

1

;

Mar

140

Jun

8

Onio

:

36% May 29
"i 1073/4 Jan 25

3

13

113/4 Ma>

Jun

3%

At

1

42 % Jun

104% Jan

33%

'

Clinch

Carpenter Steel

24

130% Jan

63/4 Mar

91

1

10

Carolina

2

106

16% May 17

9%

Inc

Mfg Co

HIGH SALE PRICES

Tuesday

../•y,. May 29

•$ per share

-Par

•

Apr

'

(Philip)

Carolina

May 22

48% Jan

18

' Jun

12

•

9% Jun

32% Jan 27
xl04% Jan

Dec

97

3

Airlines

Carey

39% May 18

13

xll4

12%

r:V

Monday

'

Jun

1003/a Aug
23% Apr

<

Capital

1

213% May 20
'

x7% Mar 13

45%

Jan

41

16% Mar 30

Sep

8%

Jun

26%

Dec

37%

Feb

131

18

109% May 17
34% Mar 16

13

Jun

6

kkk'v;»'<•

•

Jun

25%
12 %

Feb

20% May

RECORD

STOCKS

Range Since Jan. 1
Lowest

Highest

(2311)

14%

45,800

2,700
100

,

•4,400
3,000

-

Combustion

21%

Feb

27%

Dec

24% Apr

46%

Feb

60%

Dec

57% Jan

13%

Jun

203%

Dec

15% Mar 30

251%

Jan

30%

7%

Jun

10% Aug

Dec

29% Jan
9

Engineering
Superheater Inc

30% May 31
673/b Jun
1

Commercial

21% Jan

Commercial

33% Mar 16

13

11% Feb

Apr 24

v

*

Jun

30%

Nov

25

Feb

343/4

Dec

27% May

4

41

21/2

Jun

43%

Jan

3% Feb

15

5

21%

Feb

293/b

Dec

27% Jan

3

33% May 19

1

109% Mar 18

X106

109

Apr

Oct

107

Apr 28

May

30% Feb

Co

.No par

Edison

Congoleum-Nairn Inc—

6

114

Mar 30

107

Apr

Jun

14%

Jan

8

Feb

11%

Sep

93/4 Apr

38%

15

11% Mar 30

11

19

6

Consolidated

3

Cigar

■Consol Edison
$5

27»

May 25
117% Apr 12
108 % May 24
143/e Jan 10

'

of

No par

113%

93

13%

Jan
Jun

2

111

38% Jan

3

Nov

1013/4 Jan

11

Dec

14% Apr

24

Dec

94

r.

17%

X98

May 25

6%
56%

373/8

Dec

35% Jan

Jun

95

1023/4

Dec

102% Feb

3

Jun

9%

Dec

8% Feb

7

Feb

,

78%

Dec

54% Apr 27

For footnotes see page 28.




13

Jan

106

Mar 15

19% Jan

24

Jan

24

Jun

2

Jun

1

100
40 i

265/8

10% May 19
78% Jan

11

108'A

1073/4

26%

26%

26%

*108

1083/a
26%

47%

32%

18,500

107%

107%

107%

1,000

26%

26%

12,900

116

*116

265/B
116%

*46%

v

*107%
12%

108%

*107%

108%

13%

12%

93/4

93/4

93A

116

47

47%

100

10

13

2,200

93A

600

4,600

47

47 %

*18%

19

183/4

18%

*185/8

18%

18%

185/b

18%

18%

500

*11%

"11%

11%

113A

♦11%

115/8

11%

11%

11%

10%

10%
153/8

10 "

*10%'

1,100

Co Inc——10c

10%

10%

10%

10%

11%
10

10%

15

15%

145/s

15

35

35 %

35%

253/8

Inc

com
j.

1

(

preferred
Diamond
Insurance

t

Fibre

15%
35%

No par

112

No par

j
No par
of America com—20
4% preferred
100
Continental Baking Co com—No par
$5.50
preferred—
1—No par
Continental Can Inc common
20

Continental

2,800

323/8

1

pfd

Stores

$4.50 preferred-

$8.75

800

4%

26%

263/4

46%

Continental

273/4
30

4%

100

Cuba 6%

Retail

27%
29%

107%

108

47%

RR of

35%

15%
35

1123/4

1093/4

*1093/8

1093A

48%

485/8

483/4

49%

,

*105

106

v

106

106

15%
35

15%
353/8

,

1123/4

112%

1123/4

112

112%

"109% 1093/8

109%

109%

1095/8

51%

50%

*105

106

15%

16%

16

963/4

94%

94%

*95

39

39

106%

*104%

*9%

93/4

*95/8

——10

61%

62

62

39 3A
106

9%
63%

8,800

50%

51

16%

383/4

1,800

22,400

109 5/e

50%

50

*94%
1C4 %

;

1123A

,*16%

5

No par

15%

35%

1123/4

112

*109%

*

105

32%

28

30

4% '.(■ 4%
32 3/a
32 3/4

93/4
473/8

Container Corp

"

■'...

27%

*293/4

.«;■

4%
32%

95/4
46%

$4.52 preferred

1

32%

:

4%

10

Consumers Power Co

4

51% Jun

*108

32%

'//■'•/"''•.•:/

:

*93/4

Consolidated Vultee Aircraft—

113% May 12

108% May

Dec

103

Jan

30%

110% Mar 30

Dec

41%

Jun

85

Dec

110%

105% | Apr
27% Jun

32%

28%
30

*29%

.

4'%'

10

series

Consolidated Textile

1

30

4%

28,/

28

29%

4%
32%

*93/4

12

Mar 16

X27%

29%

4%

;—5
15

4%%

Consolidated Natural Gas

Feb V 6

28%

29%

.133/8

8

36

7,900

/

v

Consolidated Laundries Corp

28

28

,

107%

Consol

17% May

9%

116

Consolidated

13

2,100

93/4

13%

6

Jan

1,600

X93/4

116

9

10% Jan 25

9%

10

107%

5

33

9%

9%

13%

47% Feb

Apr

9,100

93/4

9% ii 9%

108%

12% Jan

May

32%

116%

203/8 May

36

32%

13%

3

121/4

32%

32

116%

3

Jun

32

32

♦107%

20

....

..6,300

18

32%

31%

13%

Jan

8

,20,100

67%

173/4

116%

16% Apr

293/4 July
103% Apr

30%

67

18

108%

423/4 Jan

9% Mar

29%

673/8

17%

13%

12% Mar
Dec

30%

67

17%

116%

46% Mar

10%

29%

67%

.•

"

*107%

21%

i

''

1.33%

Feb
Jun

30%

663%
'•;' 17%

4
.

B—■.—100

Jun

7%

32

v

No par

common

Consolidated Grocers Corp

Jun

11

17%

Preferred 4% series C———100

Preferred

/

Lt & Pwr Co

Baltimore

10

Jan

66%

17%

,,

Y com—No par

of N

preferred

11%
<

30

66%

17%

;

Consolidated Coppermines Corp—5

123/4 Jan

28 3A

66%

.32

No par
-No par

Feb

May

Cons Gas Elec

243/4 Apr 24

28%

j

No par
25

"V '/*

25%

243/4

283/8

66%
*17%

No par
Co——-,—--10

Solvents—

'Commonwealth

3
.

Credit

Conde Nast Publishing Co

3

9%
£3

106

105

16%

15%

16

16

96

96

963/i

393A
106
.

393/8
105

9%

93/4

63%

63%

393A
105
.

9%

633/4

■"

,

160

39%

30

16

2,700

963/4

180

40

104%

93/4

15,500

104%

x93A
63

380

5,500

105

96

39%
*104%

*105

,.

63%

300
•

1,400
4,500

19

20

The Commercial and Financial Chronicle

(2312)

NEW

S per

5Va

Highest
$ per

share

R%

Jun

NEW

Range Since Jan. 1
Lowest
Highest

Year 1949

I per

share

7% Apr

3

Par

28

Feb

65%

Oct

55% Jan

26

69% May 18

Continental Oil of Delaware-

UVa

Jun

15%

Jan

13% Jan

3

9

53% Jun

2

55% Mar 13

22

Deo

24%

Jun

July

19% Apr 21
26% Mar 14

55% May

May

Dec

52

Feb

7

Jun

11%

Deo

Deo

287/s Jan

30%

Deo

102%

Deo

100

92'/a

Jan

102

Sep

Jan

1%

2%

Ocl

32%

Jun

96

Jun

Jan

25% Mar 30

23

Crane Co common

11

105

8

Jan

14% NOT

12 % May

29%

Deo

28 % May

13

9

6

Corn

...

3%%

Oct

19%

Jan

137/s May 12

17% Jan

3

Jan

427/e

Apr

35% Jun

2

40

Jan

19

$2

Wheat Corp

Feb

14

9% Jan

14

Feb

,

31

175

7% Jan

3

67% Jan

14

10%

Nov

13%

Feb

11% Apr 20

13% Jan

16

Feb

25%

Deo

21% Apr 25

25% Jan

5

Jan

9

4%
109

Jun

43%

52%

Jun
Jun

19%

Apr

24% Feb

3

20% Jan
22% Feb

10

40 y8

39%

40%

100%

*100%

101 »/4

>100%

101%

*1003/4

*100%

101%

*100%

101%

*100%

101%

*100%

101%

*1003/4

101%

67 Vb

67%

67%

68 %

69%

68 Va

Jun

15% Mar

13

20% Jun

l

Jan

96%

Not

otxii

12

99

2

14%

Dec

13% Jan

30

19% May 10

May

15% Jan

3

15

Jan

17

Mar

22%

Jan

31

Xl6%
26 y4

13% Jan
■

■

MP

25

3Z

*4%
2%

Jan

92%

Jan

100%

Dm

97

Jun

12 VB

Not

11%

Jan

9%

Jan

4% May
17

*28%

14]/4

14%

14%

14%

143/8

14%

36J/4

36 Va

36%

353/4

36%

600

110%

108

108

110 »/2

10

20 y»

20%

20%

20%

2C%

20%

20%

2,800

60%

61%

61%

61%

61%

61

61%

900

*20%

21%

20%

*20 y»

20%

*17%

17%

17%

17%

17%

29% Jan
83/4 Jan

21% Jan

11

/19

Jun

Jan
22% Deo

19

Jun

30 Vb

Dee

343/4

Jun

53%

Dee

46

12%

Dec

147/«

Dee

12

Jan

23 V*

Sep

58

Jan

53

9%

13

31%

Sep

40

Jan

35% Mar

•

37%

Sep

45%

Feb

40% Jan

3

9%

Jun

13%

Deo

11% Mar 31

.

6%

Jun

9%

Nor

Jun

18%

Dee

17% Jan 13

93/,
24 Va

17

2

23

11

Mar 15

393/4 May 19
•

23%

23%
134%

26%

*130

23%

19%

Escrow

ctfs

for preferred
(The)

19%

19%

6%

*98%

99

98%

98%

18

*17%

18

18

18

17%

*16%

17%

24

19%

5

33

%

*99J/4

100%

*97%

NEW YORK

17%

14 % Mar

4

33

4,900

45,900

*99%
*97

99

99

16 3/a

16%

100%

9

16%

,

100%

100%

70

98%

*97

16 Va

8%

60

16%

4,600

9

9 Va

9%

293/4

30%

*293/4

30

29

293/4

293/4

30%

1,800

45%

453/4

45%

46%

45%

46 Va

46%

463/4

9,500

36%

36%

36%

*36 Vs

36%

36 Va

36 Va

36%

36%

1,300

36%

36%

363/4

37

37

37%

36%

36%

3,900

93/8

9%

9%

9 Va

3,100

*363/b
36

93/8

9

1

36%

9%

9Va

9

9%

9Va

93/8

9

23

23

23%

23%

23

23 Va

23 Va

23 Va

23%

28 3/a

273/4

28%

27%

28

27%

28 Va

27%

28

48

48

473/4

47%

473/4

48

47%

46%

4,700

23 %

28%

47%

17

17 Va

16

233/4

233/4

■i

*58

62

-'•* *58

*23%

63/4

■

'

233/4

-A-

62

6 3/4

23%

*58

6%

6%

23%

24

16%

16 Va

7,400

23%

233/4

3,000

23%

♦58

62

10 200

163/s

23%

24

17%

23%

63/4

47

Xl6Va

163/4

233/4

17 Va

*23%

.

6%

6%

24%

*233/4

62

63/4
24

*58

6,700
6,500
V

62

6%
23%

.

6%

1,900

24

1,400

12%

13

13

12%

13

13

13

13%

13%

223/4

223/4

22%

223/4

22%

22%

223/4

22%

1,200

*38%

39

38%

38%

*38%

38%

38 Va

38 %

38%

383/4

1,000

25

*42%

43

423/4

42%

42%

42%

*42%

43 Ve

*42%

43%

300

143/4

15

143/4

14%

143/4

14%

4,000

73/4

8

73/4

73/4

73/4

7%

1,100

19%

19%

19%

19%

9,200

14%

73/4

*73/4

8

2

19%

19%

193/4

ip

15

73/4

20

15

15

2

.

tatarday

STOCK

V

Monday

May 27
Par

Jan

46% May

16%

23%

32%

9%

EXCHANGE

May 24

28
.

400

11

99%
99

99%

23%
•

193/4

20 Va

1,000

LOW AND HIGH SALE PRICES

57

50% Jan

33

23%

323/4

%

22%

4 per share

15% Jan 11

24

32%

23%

32%

SOe

3

35% Jan

Not

4

♦233/a

23%

30
300

No par

May 29
4 per share

I per share

1

14 VB

14 Ve

No par

Dlvco Corp
...
Dixie Cup Co common
Class A

12% Jan

17%

17%

12%

Distill Corp-Seagrams Ltd

•

*16%

*16%

12,800

*223/4

participating preferred

y

18%

2

Diana Stores Corp

v,

20
99

*17%

17%

32%

1,300

1,600

46

1
1

Diamond T Motor Car Co

;

19%
*98%

*16%

*233/8

23%
26 %

99

20%

18

32%

8

common

1

•

253/4

18

20

*98%

11,600

132 %

*130

26

9

5

15% May
9% Jan

*23%

23%
134%

25%

70

1,200

50%

30%

100

Raynolds class A

9

22% Apr 22

>130

20%

99

20

Match

23%

23%

26%

x8%

9'/a

100

Detroit Steel Corp
De Vilblss Co

Diamond

1

West RR

common

Edison

&

25%

493/4

,

9V4

46

50

Detroit-Michigan Stove Co,

Devoe

49%

9'/a

134%

*130

26

49%

9%

30%

100

& Western

ctfs for

23%

134%

*25%

26%

9%

20,300

135

*134

134

134

49%

49

7%

.1

10% Jan

Jan

53%

*23

No par

44% Mar

Range Itnee Jan. 1
Highest

$ per share

38% Not

Feb

45% Jun

9y»

*130

20

Escrow

Lowest

Highest
$ per share

Feb

49 y4

9%

STOCKS

Year 1949

Lowest

133%

49%

9%

400

1,200

25

50c

;

preferred

Range for Previous

t per share

133%

49%

9%

Delaware Power & Light Co—13.50

11

May 16

13% Jan

7% Apr 22

12%

133%

*133

133

133

16%

24% May 31

g

20% Jan

63/4

17 Va

57% Feb 27

21% Mar 13
xl2% Jan

24%

6%

17

14

NOT

24%

6%

50c

8

NOT

*24 y4

6%

*49

Detroit Hillsdale & S W RR Co_100

13 VB

24%

6%

*97%

Feb

22 Va

24%

6%

3/8

May 19

,

24%

6%

98%

58

,24% Mar

*24%

6%

14

0

Jun

24%

6%

32%

Derby Oil Co

Jun

12%

*23%

Detroit

Jun

70

*12»/4

*163/4

17% May 26

11%

15

*67%

12%

19%

Delaware & Hudson

16%

69

*12%

*173/8

13

6% Feb

Jan

*67%

12%

*24 %

(The).

1,&66

8%

69

12%

99

Jan

1,600

12 Va

98%

31

8%

8%

30

17%

12%

99

23% Feb 14

8%

21 y2

180

*160

12%

100

Lack

17%

173/4

*67%

100

Delaware

8%

*20J/4

20%
180

68%

series B

17

17%
>160

180

8%

20 %

*108

111

*67%

series A

10% Jan

*160

9

>iosy2

*98%

24

Jan

8%

8%

3.75%

1

21% Jan

Jun

8%

36

180

3.75%

Denver & Rio Grande

20

17%

Preferred

3

17
Apr 27
Apr 20

50 /

20%
*160

180

*160

Rights

36% May 17
37% Jun
1

26% Apr

43/4 Jun

1
.100

pfd

Deep Rock Oil Corp

Jan

9j/8

,

300

5,200

1,500

20%

Deere & Co common.

40%

Jun

29%

36%

No par
No par
1

Decca Records Inc

Jun

5V2

28%

14%

Dayton Power & Light common..

7%

29%

36%

No par

Mar 23

35% Mar 24

*29

14%

Preferred

5

29%

60%

Davison Chemical Corp

S

200

123/4

103

*36%

—

3/4 May 22

♦28%

12%

*107%

Cushman's Sons Inc 7%

May 26

26

29%

13 y8

61%

$7 preferred

Jan

Ocl

♦29

*102'/4

13 %

13

102%

13

20%

Prior preferred
Curtis-Wright common
Class A

49

Sep

6,500

13

27

27%

102

14%

Cunningham Drug Stores Inc—230
Publishing common—No par

31

36»/4

21 Va

27 v*

27%
102

36%

Curtis

10

433/4

1,800

14%

*12%

4

Jun

2,300

2%

36%

6

3

Mar

30 y«

5%

2%

.230

Cuneo Press Inc

Jan

31

43/4

2J/a

X27%

Dayton Rubber Co

38% Jan

5

2%

*101%

69

17% May 26

22

4%

2%

27%

102% Mar 21

3

5

102%

12%

30

188

4%
2 V.

27%

123/4
29%

*186

50

5,300

69%

21/4

*101%

12%

69

187

187

188

*187

69

•

5

27%

*67%

8% Jan 27

Jan

29

Jun

6

2ye

101% Apr

May 26

7V2

May

68

188

*4%

5

2%

11

May 11

96% May 24

92

17

34% Mar 17

4

29% Jan

% Aug

98

173/4 Feb

213/4 Jan 23

Deo

May

May

*186

188

♦186

Dana Corp common
3%% preferred series
Davega Stores Corp common
5% convertible preferred

9

11% July

3,100

101 y4

103 %

100
100
Cuban-American Sugar common—10
7% preferred
100
Cudahy Packing Co common
10
4%% preferred
100

Cutler-Hammer Inc

87

340

,

40%

39%

5%

1

26% May

17

8,200

64

100%

27%

common

$4.20 preferred
$4 2nd preferred

7

28

Jan 20

138

Feb 21

125

26% Jan

Sep

19

9% Apr 27

3

7% Jan

Jan

55% Jan

Mar 31

i

49

-

3

134% Mar

16

122% Jan

24% Jan

:

137

Mar

8

6% Mar 30

Not

9%

Dec

7

18%
133

,

Oct
145% Oct
8%

Feb

Mar

71

40

109%

6

175

40

61%

9

Jan

15 3/*,

*63 %

20%

Jan

May

4d%

15%

63%

•106%

May 19

8% Mar

*47 %

15%

63 VA

No par

19% Jan

73

48%

14%

63

com—No par

25

160

*4i%

14%

63

39 %
101%

39 %

convertible preferred
Cuba RR 6% non-cum pfd

Jun

48%

14V8

DAY

63%

9,500

100

Crucible Steel of Amer

Jun

*47%

DECORATION

10
300

153/4

3,200

21% May 17

May

15%

36%

62

5%

16 '/a

104%

3

60

35%

353/4

Mar 31

160

15%

14

104%

16% Jan

4

.15%

*13%

■

.

36%

99% Jan

18

J 4 ,/;

104%

Jan

Apr

J 3%

36 »/2

Deo

15% Jan

*

13%

104 %

24

18

;

55

36%

99%

Deo

53%

*53%

104%

Nov

Jan

53%

55%.

5,300

35%

May

Apr

iU '.1,700

104%

14

16%

23 y»

104%

90

72%

23%

x23

35%

5

31

1,500

23%

$■

23%

104%

1

105% May

Feb

18%

353/4

36% Jun

11
3

Nov

18%

1043/4

13

July

18%

35%

27% Jan

102% Jan

12 V4

17%

*103%

Deo
Deo

21

18%

5

30
105

49

68%

No par

Crown Zellerbach Corp

Jun
Mar

May 31

68

No par

preferred

94

108

16,900

7%
67%

13%

CLOSED

*102%

(The).

'20

54

14%

Shares

7%

7%

7%

•100%

2

Crown Cork & Seal common.

13%

48%

the Week

66%

7%

39%

1

Cream

367/«

14

♦62%

63%

*54%

-23

Creameries of America
of

*47%

48 J/2
14

14

23%

_100

preferred.

4

30% Mar

*47%
*62%

Exchange Bank & Tr Co

5

Jan

14

16

Feb

8%

31

3

6% Mar

0

Jan

101% Mar

Deo

104

Jan

187% Apr

2

28

4% Jan

Jun

21%

182% Jan 31

Sep

6

72% Jan

Dee

5%

May

101% Apr 19
102% Mar 21

11

65 % Apr

Deo

189

23

30% Jan

100% Feb 21

57

6

16 Va

Dublller Electric Corp——1

2% Feb

18

Apr
Jan

Jan

16

20
Corning Glass Works common
5
3%% preferred
100
Cum pfd 3 % % series of 1947—100
Corn Products Refining common—23
7% preferred
100
Coty Inc
1
Coty International Corp.

42

13

Apr

20
94

3% Mar

xl5%

Cornell

49

171%

16%

11

3

73%

14

67% Mar

14% Jan

58%

*13%

49% Jan

Jan

49% Mar

14

17% Apr 22

19%

EXCHANGE

*13%

3

Jun

STOCK

55%

3

12

23%

*54%

10% Jan

17

18%

55%

47% May 23

Jan

18%

23%

57% Jan

12

67%

23%

4

Feb

67%
Xl8%

*54%

preferred—,

8alee for

June 2

t per share

$ per share

share
68

7%
67

5

17% Feb

12%

4 per

Friday

June 1

May 31

May 30

7%

No par
Copper Range Co
No par
Copperweld Steel Co common
5
Convertible pref 5% series
50

$3 prior

Monday, June 5, 1950

Thursday

Wednesday

Tuesday

$ per share

19%

*19

Cooper-Bessemer Corp common

3

Jun

7%

7%
67

67

—5

t per share

share

23%

14% May

9

,

7%

Continental Steel Corp

19%

May 29

4 per

1

Continental Motors

47%

51 %

Monday

May 27

EXCHANGE

$ per share

share

6% Jan

Jan

.

LOW AND HIGH SALE PRICES

Saturday

STOCK

YORK

.

RECORD

STOCKS

Range for Previous
Lowest

STOCK

YORK

.

433/4

44

*433/4

Wednesday
May 31

June 1

June 2

4 per share

$per share

4 per share

14 Va

14

Sales fer

Friday/

Thursday

Tuesday
May 30
4 per share

14%

UVa

14 y4

14%

44%

*44

45

44%

44%

No par

*56

57

*56

57

*56

57

55%

56

No par

*11%

12

*113/4

12

*113/4

A

UVa
*43%
56

*11%

the Week

Shares

4,200

14

44%

300

56

620

11%

3

13

9

Dr.

*ll3/4

12

July

-33 Va

Deo

32% Mar

9

363/4 Jan

4

34

33 3/a

33%

EXCHANGE

33%

34

34

34 VB

2,600

Jan

18 3/4

Sep

14 Va Mar 31

17% Jan

6

Doehler-Jarvis Corp
Dome Mines Ltd

33%

12%

w* par

15

15%

14%

15%

CLOSED

143/4

14%

14%

14%

14%

14%

3,500

48%

Feb

723/4

Ocl

69% Jan

82% Apr

13

Douglas Aircraft

No par

77%

773/4

773/4

78

79

79

78%

79

77%

78%

2,200

43

Apr

57%

Dec

70%

10,100

10
25

Jun
•

<

13

13

71

May 18

Feb

20

111

May 26

119% Jan

13

155% May 17
19 Va Jan
5

54% Jan
108

101% Apr

108% Sep

101

Apr

123 Va

Dee

Dec

24 ys

May

Sep

86%

Jan

81

83% Jan

80

11% Mar

20%

Oct

19% Jan 27

21 Va May

14%

Ocl

11% Mar 27

14% Jan

9
12

16%
78

8%

Jun

'

16 Va Mar 10

Mar

7

Pepper Co..

Dow Chemical Co

33/4%

43 Va

97%
112

9%

Not

124%

Oct

122% Jan

9

Jan

102% Aug

101 Va Jan

31

106

Jun

1

Jun

115 %

Jan

113% Jan

4

116

Feb

20

Jun

12y4

Jan

15%

Jun
Jun

7% July

7% Jun
164

81% May 24
127% Apr 22

633/4

Feb

13

38%

60% Jan 13

Jun

Jun
Jan

10

May

1

20% Mar

15% Mar 30

16% Mar

14% Jan

13

16%

13% Feb

6

Jan

13

Deo

13%

Jan

10

48 Va

Not

45% Jan 27

Oct

202

172% Jan

I

190

Jan

13

35

Apr

10

29

May

3

15 3/8 May 29

19% Jan

7

88

Jan

Deo

10%

Feb

93% Apr
g
12% Jan 20

Xl5%Apr

3/4

Deo

33% Apr

453/4

Deo

42% Feb 24

123/4

11%

Deo

16

94%
6

Oct
Jun

Feb

323/4 Mar
lVe

Jun

10%

Jun

36% Ocl
2 Va

Jun

34%

8

17% Jun
48

Jun

42%

Jan

23% Aug

51

13% Mai
283/4

NOT

75

Not

51%
29

Oct

May

Mar 10

May

10% Jan

12
2
10

8%

Jun

14%

Deo

13% Feb

15

12%

Jun

18%

Not

xl6% Jan

3

403/8 Jun

1

18% May 31

20% Jun

1

14% Jan

X29%

Jun

100%

Jan

4%

I8V4

Nor

35%

Deo

Jun

9% Jun
48%

Jun

105

Deo

7

17% Jan
30

11

Feb

0

100% Jan

10

6% Jan

13

7% May 15

13

61%

Jan

13% May 23
57% Feb
2

68

55

Jan

13

60

Jan

9

Deo

5

6% Jun

10%

Jan

8% Feb

14

6% Jun

11%

Deo

9% Feb

16

9

7%

Apr

July
Feb

38

Jun

For footnote*

see

page 28.




Mar 14

Apr 24

3% Apr

0

May 25
6% May 5

66

82%

20 "VB

20%

*20

21

100

13%

13

133/s

13

13

5,700

79%

79%

840

79%

1253/4

125%

125%

106

105%

105%

100

*1133/4

114%

114%

114%

114%

*114

114%

114

114

•

*10%

10%

10%

103/4

10%

114%
10%

-10

18%

19

18%

19

183/4

18%

15%

15%

15%

15%

143/4

15 V8

153/8

153/4

15%

15%

15%

15%

15%

15

15%

14%

15

46 Vb

46 Vb

46

46%

1st pfd

Eastern

Corp common.

Eastern

Stainless Steel Corp.

-10

Eastman Kodak Co common.

6%

•185

preferred

Eaton Manufacturing Co
Edison Bros Stores Inc common

4%%

preferred

Ekco Products Co

4% %

Convertible

5%%
5%

900

' 70

10%

10%

183/4

19

183/4

18%

6,300

14%

14%

14%

143/4

14,700

16

15%

16V»

4,400

*10%

i.

700

10%

14%
:/

14%

14%

14%

14 3/a

15 Va

11,200

46

46%

x453/4

46V4

46 V»

46'/a

16,000

*185

188

*184

188

*184

188

'

-r~ —

333/8

32%

33%

33 Va

33%

33%

333/4

333/a

33%

3,000

16

15%

15%

15%

15%

15%

15%

153/4

16

1,100

94 VA

95

14%

14%

*100

101%

95

*93%

14%

14%

101%

*100

95

14%
101%

*93%

143/4
*100

95

14%
101 %

*93 %

14%
*100

95

20

143/4

2,200

101%

8%

£%

8%

8 3/a

8%

8%

463A

46%

47

463/4

47%

46%

46%

463/4

47

3,400

18 3/»

173/4

18 Va

17%

>17%

17%

18

17%

17%

4,700

36%

36

36

•36

•36

363/4

8%

10

36%

23/8

2%

2%

2%

39%

39%

39%

39%

29%

11%

*11%
22 3/a

*11%

XI1

11%

*22

22%

22%
"

*56%

*50%

51%

*50%

27%

27%

21

21

20%

20%

-5

35%

36%

36%

/

36%

•

;«*
-10

*19%

20%

*19%

19%

25

31%

31%

31%

31%

101%

101 %

♦101%

102 %

UVa
23%

61

61

*60%

51%

*50%

51%

*50%

273/8

27 Va

27%

27 %

27%

20%

20%

21

203/4

21 Va

393/4

39%

40%

39

39%

18%

19%

193/4

20 %

19%

19%

19%
31

*101%

193/a

19%

1,300

31%

31 Va

31 Va

1,600

101 Va

*101 Va

102 %

7%

7%

73/4

12%

12%

12%

100

*57

573/4

*57%

57%

57%

57%

-50

*63

65

*63

65

Ex-Cell-O Corp.

12

12

19%

7%
12

.57%

19%

73/4

12%
57%

19 Va

7%
12

57%

73/4

4,500
10,500
500

57%
'

*63

6%
113/4

65

6%
12

*63

65

*63

65

'
.

'

■

6Va

6%

6%

6Va

1,400

11%

11%

11%

11%

1,200
3,900

12%

2 50

20

'

12%

12%

12%

12%

12%

12%

12 Va

123*

12 Va

12 V4

*39%

Eversharp Inc

5 800

48.200

1, 42,000

:

31 Va

73/4

12

5,400

101 Va

12 %

12

100

i

31%

7%

Products Co

6,200

65

102%

12%

6y8

900

■

51%

27%

7%

6%

11

22%

11 Va

22%

61

*12%

6%

11
23

11%

1

6%

2,300

22%

No par

.5

37,700

37 Ve

27%

100

2%

20%

51%

27%

1,800

39 Va

*50%

61

*56%

2%
39

8%

*56%

22%

61

100

Corp common

5% preferred series A
Erie & Pittsburgh RR Co.
Eureka Williams Corp

*36

2%

39%

-4

Co

common

363/4

23/8

39%

50

Emerson Radio & Phonograph.
"When issued"

preferred
Equitable Office Bldg

*36

2%

39%

3

4%

8%

23/b
...■

50

Exchange Buffet Corp

200

V-

18%

No par

convertible preferred

Mfg

19,000

*83/a

No par
15

common

44

188

105%

463/b

shares

preference

Erie RR

*185

190

79%

1

preferred

Electric

34%

79

3

El Paso Natural Gas
Emerson

94 V4

*100

79

ft

common

Storage Battery

Co

*15%

100
(The)

Elgin National Watch Co
Elliott

333/8

1

100

Nut Co

Boat

2

2.50

common

preferred

Elastic Stop

Evans

Mar 21

.81%

21

133/a

79%

123/4 May 10
12% May 8

4% Jan It

83

*20

*125%

Empire District Electric Co.

10% Jan

*81

13%

803/B

Endicott Johnson

Jan

83

21

13%

125%
105%

20% Mar 17
5

*81

♦20%

13

79%

33% Jan

1033/4 Apr 13

Deo

Jan

3%

17

14%

5%

55

22 Va May

81%

83

20%

13

125%

Electric

23

81%

*82

•105%

Elec & Mus Ind Amer

52% Apr 26
28% Jan
6

4,100

105%

8

13

1,200

18

125%

11

Jan

400

155

17%

1053/fe

18

50

155

18%

♦125%

33/4 Apr
42% Jan

25% Apr 24

153 %

173/4

125%

38% Feb

59% Apr 27

153 %

18%

105%

3

7

153

18

78%

•

Feb

153

18%

111%

105%

1% Jan

Jan

*110

*125%

35% Jan

13

110%

*

•

Electric

75

110 Ve

No par

20 3/„ Apr

28% Feb 23

69%

110%

69

—No par

Electric Auto-Lite

21% May 11

693/4

693/4

110%

DAY

(E I) & Co-

13

35% Apr 19
10% May 15

70

33 %

Preferred $3.50 series

47% May 31

27

34

Preferred $4.50 series

Common

Jan

Jan
Jan

98

102

<

Xl8%

18%

DECORATION

11%

*20%

100

Eastern Airlines Inc_.

Deo

13
x8% Jan 12

155

Eagle-Plcher Co

Jan

Jan

•153

1

10

19

96

153%

18%

No par

24

Feb

32%

Deo

*152

convertible preferred

17

16% Apr 24
18% Apr 19
49 % Apr 10

Jun

May

693/4
111%

50c

Duplan Corp

19% Jan

Apr

14%

69 V8

•110%

Dunhill International

11% Jan 10

14 Vs

96

69

113

common

Duquesne Light 5%
DWG Cigar Corp

213/a

101

68%
*110%

No par

A

$3.25 2nd preferred
Dresser Industries

Du Pont de Nem

119

10

No par

common

$4 preferred series

STOCK

39%

*39 %

39%

39%

39%

393/4

393/4

39%

40

*3%

3%

*3%

3%

•3%

33/4

*3%

33/4

*3%

3%

500
...

Volume

Number 4913

171

..

The Commercial and Financial Chronicle

.

(2313)

—:

NEW

YORK

STOCK

21

RECORD

'

:

Range for Previous
i .
Year 1949 ,

,

Lowest
t per share

$ per

I per share

LOW AND HIGH SALE TRICES

A NEW. YORK STOCK

Range Since Jan. 1
Highest

*

Lowest

Highest

STOCKS

t per share

share

Saturday

'

EXCHANGE

■.

Monday
May 29

May 27
Par

$ per share

Wtdueedsy
May 31

June 1

t per share

$ per share

■*'

<

Sales for

Friday

Thursday;

Tuesday
May 30
t per share

$ per share

June 2

the Week

$ per share

Shares

F
34"

Jun

19

Feb

25%

Oct

23 %, Jan

19 Ye

Oct

23%

Dec

17

Apr

19

12% Aug

15%

Oct

14% Jan

3

15% Jan

3

41%

45% Mar 27

Fairbanks Morse 8c Co

45

45

443A

45%

45%

44%

Pajardo Sugar Co

44%

8

45%

44%

26

37 % Mar 10

Jan

20

24%

24%

24%

24%

24%

24%

24%

24%

24%

900

Falstaff Brewing Corp

24%

7

j

*17'/8

17%

17 y«

17 y4

17%

17%

17%

3,800

Family Finance Corp common
Fedders-Quigan Corp
Federal Mining & Smelting Co
Federal-Mogul Corp

17 Yz

17

1

i7y4

1

16%

16%

16%

17

17

17 V4

17%

18

17 %

173/4

8.200

18

17%

4,300

Apr
22% Jan
18

3

Jun

11% Mar

15%

32'

38% Jan

35% Mar 11

41

18%

Nov

17% Mar

19% May 19

6%

Jan

4 % Feb

14

Dec

33% Jan

13

Jun

14% Jun
3%

Jun

24%

Feb

36

95% Mar

Dec

104

103

Sep

18% May 10

4

Jan

Jun

2

6% May
39% Jun

1

17%

EXCHANGE

40%

40%

40%

40%

CLOSED

*18%

-19 y8

19 y8

19%

No par

5%

5%

5%

39%

39 y4

Federal Motor

1

Federated Dept Stores common.

Truck

4%% preferred

5

100

106%

11%

*11%

11%

•11%

11%

*113/8

11%

21%

21%

21%

x2iy4

21%

20%

20%

800

10

62

62%

62%

63%

64

63%

63y4

62%

63%

25

62%

62%

623/4

63 y4

63%

63%

64y4

64%

64 y2

1,900
5,300

107%

•106%

107

1053/4

106 y4

72%

71%

72

7iy4

71%

800

14%

14 y4

14%

14%

14'A

6,800
9,000

21

83% Feb

8

Fidelity Phoenix Fire Ins N Y

56

Dec

52% Jan

13

64% Jun

2

Firestone Tire

4%%

105

Feb

15

69

Dec

67

Jan

17

76% Apr

3

17%

Jan

12% Apr 17
29% Mar 7

14% Jan

20

Jun

31%

JaD

Jan

104%

Dec

9

33% May
106

23% May 11

Dec

18 Ys Jan

3

20% Mar 17

20% Feb

15

15%

Oct

13

24%

Jan

11% Jan

Dec

14% Jan

13%

Jan

18 %

9%

May
Sep

8%

Feb

14%

20%

Florsheim

10

2

19% Feb

Food Machinery

29%

Jan

24% Mar 30

92%

Nov

87% Apr

4

96% Feb

10

96%

Oct

96

Jan

7

99 % Apr

24

Feb

33%

Dec

29

Jan

25

36% May 22

21%

Jun

25%

Dec

24

25 % May 20

8%

Nov

8

Jun

12% Aug
10% May

Feb

60

x38

Jan

30

3

12 % May

3

11% Jan

13

57% Jan

Jan

17%

Dec

15

May 31

16%

Jun

23%

Dec

20

Feb

78%

Feb

75

Mar

67

Sep

3%%

19% Feb

82

7

13%

30%

30%

29%

*104%

105'A

Xl033/4

25

25%

24%

25

24%

25

18%

19

19

19

19

19 y8

213/4

21 %

21%

21%

143/4

14%

14%

14%

15

15

lo%

15%

17 Ya

17 Ya

17'A

27%

27 Yz

94%

*93%

No par

213/s

No par

*14%

10

15

I_i

17

& Chem Corp...10
100

*27%

94%

loo

_

:

*97

107

107

•106

29%

30%

29%

30 y8

29%

30 Vb

104%

*103%

io4y4

104%

104'A
18 3/4

3,100

21%

21%

21%

x2iy4

2i%

6,400

14%

*i4ys

14%

*14%

14%

300

15%

153/8

15%

15%

16 y8

7,300

17'%

17%

17%

173/4

17%

173/4

5,100

27%

27%

27%

27 Yz

27%

26%

27%

5,300

95

93%

93 y4

97%

97

34%

3434

"

97

34%

*243/4

25

*2434

11%

11%

*11%

9%

9%

34

9%

66 y4

343/8

4%

preferred—

96%

96%

96%

420

34%

97%

X34%

11%

S%

333/4

333/4

3,000
70

25

25

25

25

25

11%

11%

11%

11%

113/8

113/4

400

9%

9%

*9»A

9V2

9%

9%

800

66%

66 Yz

66%

643A

15%

15

15%

♦143/4

15%

*153/4

15 %

500

245/a

253/8

6,300

79

79

.

*243A

*66y4

67

*15

15%

25

25%

25'%

25%

25%

25%

25%

25 Yz

7o %

100

60

94

*93

94%

96%

25

*

I10

•93

96%

25

.

2,200

18%

_No par

Froedtert Grain & Malting Co Inc_l
Fruehauf Trailer Co common
1

120

25

*24%

25

•24 Yz

18%

prior preferred

1

120

18%

343/8

Freeport Sulphur Co

Apr 25

13%

200

•103%

30

lo

6%

3

72%

104%

Francisco Sugar Co
Franklin Stores Corp

9
10

25% May 10

16

72%

133/4

convertible preferred—
preferred
Foster-Wheeler Corp common

3%%

67% May 20

Nov

11%

*72%

133/4

7%

Shoe class A

18

30% Jan

Apr

May
July

9% Feb

72%

*13%

No par

27

78

9% Jan

107'%

*72

Follansbee Steel Corp
Food Fair Stores Inc

89

19%

*106

No par

common

Corp
Florida Power & Light Co

22% Mar 23

3

.100

Florida Power

15% Jan

63%

No par

Florence Stove Co

17% May

5

Apr

*63

106%

106

No par
No par

Stores

(The)
84 preferred

2

27

preferred

(The) Carpet Co_.

Fllntkote Co

4

103% Feb

Jan

12

Firth

1

Jan

28

8$ Rubber com

First National

27% Feb

18% May

240

106

106

106 y4

55% Apr

98%

3,500

11%

Dec

21%

900

39%

39%

*21%

81%

May

106 VB

57/a

39%

1,600

21%

43

12

May 20

108

5%

39%

53A

53/4

39%

b

39%

900

19%

11%

63% July

107% Mar

41

V'" 19

21%

22

Jan

18

41

19%

*113/8

3

May

106%

•

b

DAY

17%

40%

lSYs

1

13% Jan

17% Jan

11% July

DECORATION

393/8

17%

40%

5

10% Mar 31

Dec

53

106

6

*17%

19%

19%

Felt 8c Tarrant Mfg Co

Jan

17%

105

106

39

18
40

17%
x40

2,500

Ferro Enamel Corp

20%

12%

July

STOCK

5

10% Nov
Jun

17%

45 y8

2

6

106% May 25

3

No par

79 3A

79

79

79%

79%

79%

79%

*15

2,100

65

63

66

230

G
4%

Jun

7%

Apr

5% Jan

3

9% Apr 17

4"%
14%

Jun

7%

Oct

7% Jan

3

Gair Co Inc

Jun

18%

Dec

17% May

2

9% May 19
18% Jan 28

6% Apr
6
34% Mar 10

9V»May
39% May

Gamble-Skogmo Inc

6

Oct

9%

Jan

31%

Oct

41%

Jan

13

Dec

4

Gabriel Co

6%

(The)

.20

21% May 20

3%

Jun

6%

21%

Jun

32%

Feb

24% Mar 13

15%

Jun

Jan

18 %

May

3

20% May 22

"4%% convertible preferred
Gaylord Container Corp

13%

Jan

23%
19%

Dec

18

Jan

3

21

General

Jun

105

103%

Jan

107

Jan

11

107% Mar

7

Nov

45% Jan

13

53% Mar

3

July

106

Jan

103% Jan

12

105% Mar

8

Jun

11

Dec

41%
99

Sep

9%
152

Oct

48 %

163%

10

Apr 22

Jan

155% Jun

1

13 % Jan

12

9%

Feb

15

Dec

6

Jun

10

Jan

6% Mar 29

65%

12

Jan

31

165

Feb

7

18% Apr 10
'9% Jan
9

Apr

79%

Jan

63% Mar 31

75

Jan

9

24%

Jun

31

Jan

26

30% Jan

9

17

Jun

129

Jun

34

Jun

39%

Jan

93% Jan
x6% Jun

20

17

18% Jan

11

113% May 31

138% Jan

9

14% Apr

Apr

139%

Apr

42%

Dec

41 Vs Jan

48% Dec
100% Dec

47% Jan

13
13

99 % Apr

6

8% Jan

4

13% Jan
56% Dec

44%

Jun

123%

Jan

128%

Apr

112

97

Mar 24

Jun

51% Apr 20
126
Jan 13

Dec

108

Apr

17

50% May 17
51% Apr
103

6
Jan 20

(The)

American

Amer

General Baking Co common

88

4%

conv

t per share
Jun

5'%

28

19%

193/s

21

20%

20%

20%

21

20%

20%

*50%

51%

51%

*101'A

100

*68%

10%

156%
17 y8

17

7%

General Electric Co

No par

49%

49%

48%

No par

51

51

51

51%

No par

*100 5/8

♦101

101%

Corp com
83.50 preferred

General

57% Mar

8

General Mills

129% Mar

3

115

8

1

common

53 5/8

$ per

% per sho.re

share

68% Jan

13

preferred
3%* convertible

155%

155 Yz

155 %

155%

17 y4

17%

7%

7%

7%

27

15%

15%

*49 y8

49%

-49y8

513%

51%

101%

49%

51%

51

♦101

49%

51%

YORK

300

27

153%

114%

114

115

3,100

70

♦68/2

70

27%

l14

50
600

73/4

7 5%

*68y2

114

3,300

17%

*17
,

♦26%

1,200
480

'

21,700

.49%
J

-•

,

51%

5,400

101%

100

10%
!

10 3/4

11

107/«

12 y«

11%

12

11%

113%

8,200

53%

533A

53%

54%

54

54%

54%

543/4

3,000

101

101

*127

127%

127%

127%

127%

127 Ye

127%

*108%

110

110

110

110

110

111

*101

128

♦110

111

200

1113/4

128

127%
,

300

LOW AND HIGH SALE PRICES
Saturday

STOCK

EXCHANGE

2

10'A

100

preferred..

May 27
Par

$ per share

90% Jun

10%

100

5%

NEW

10%

■

533/8

101%

10 5/8

No par

Instrument Corp

114

100

103

ioy8

10%

,15%

49%

General Foods

;

1,100

50'A

50%
♦10iy4

15 y4

113%

v,

107 va

*10 7

50y2
103

27%

114%

116

1,200
2,600

70

15%

•1143/s

19%
203A

15%

70
273/n

15%

300

,

19%

•26%

*263/4

2,700

,v;

20 s%

107%

50 y4

*101%

3,600

>

28

*27%
>

•68%

*69

100

Range Since Jan. 1
Highest

72% Nov

7%

27

15%

*107

50 y4

103
157

70

27

No par

Lowest

Highest

10%

7%

53%

5%

800

19

17%

♦155

17

7%

5%

107%

x50%
•101%

156 %

17

7%

•107

51%
103

10%

10%

*16%

5%

•27%

107%

*107

107%
103

103

158

i

53%

28

5

preferred

VH/V.i: 5%

19%

*15%

7%

20%

28

*1063/4

50

20%

19%

*156 %

2nd preferred—

*18%

21

20%

No par

General Cigar Co Inc com

♦L77%

19

20

28

400

18%

i8y2

•18%
X21

18%

*26%

No par

General Cable Corp com
4% 1st preferred

18

18%
21%

5%

10 Vb

General Bronze Corp

900

900

20»%

5

preferred

83%
363/4

27%

*20%

No par

8%
36%

20%

STOCKS

Tear 1949

51%

Transportation.

8 3/a

36 y2

18%

18%

19 'A

2.1 %

600

83/s

27

1

5,800

18'A

18

36 Yz

8%
37

5ya

.5

com

19
21

„

100

Investors

19

8%
i8y2

1,400

9

8 3/4

8%
*183%

9

8 5%

8%

8 5/8

8%

8%

18%

21%

18 y4

*18

18%
21%

5%

50
1.66%

84.25 preferred series A

Range for Prerions
Lowest

8%

36%

1

com_

84.50 preferred
General

13% Apr 21

Mar

8%
37%

21%

20% Apr 25
lb7« Mar 16

3

May 31

8%

37%

*18

3

15% Jan

6% Apr 18
30% Apr 29

8%

*18 3A

xl7% Jan

Dec

3

8%
18%

373A

2

10

Apr

16%

4% Jan

1

*83/8

No par

Jan

19

Jun

Gar Wood Industries Inc

8%

8%
18%

*37%

No par

17%

Jun

Corp

8%

8%

5

Gardner-Denver Co

Feb

Garrett

8%

18%

18%

50

common

15

Feb

*18%

convertible preferred
Gamewell Co (The)

10%

17

8%
9

*8%

l

common.

preferred

5%

9

*83/8

1

(Robert)

General Motors Corp common

10

$ per share
88%

89

Monday

Tuesday
May 30

May 31

t per share

88%

$ per share

the Week

June 2

June 1

Shares

S per share

$ per share

t per share

Sales for

Friaay

Thursday

Wednesday

May 29

90 %

90 3/4

90

90

90%

89%

126%

125 y4

126

1253/4

105%

105%

105%

105%

105%

22

21%

21%

21%

213/4

57,700

1253/4,

Vg

90%

1,900

123%

Jan

127% Sep

125% Jun

1

127% Mar

7

85 preferred

No par

127

127%

126%

127

126

x97

Jan

104% Dec

102% Jan

6

105% Jun

2

Preferred $3.75 series

No par

105%

105%

105%

105%

105%

13

Feb

19%

Sep

19% Jan

3

21%

STOCK

22%

Jun

38%

Dec

34% Feb

17

EXCHANGE

367/b

37%

37

37 %

36%

37

2,700

CLOSED

14%

15 Ya
3%

15

15 %

14%

15%

2 300

11% July
2% Jun
11% Jan

17

15%

20% Jan

120

Jun

May

4%

Feb

20%

Jun

24

16% Mar

12% Mar 28

34

4

24% Feb

17

6

126% Feb

23

Gen Railway Signal com
6% preferred

6% Mar 21

Nov

7% May 22

26% May 20

2

35

May 29

128

30% May
xlll

28% Jan 13

18%

Jun

27%

Dec

22

Jan

25

99%

ARr

102%

Jan

101

Jan

10

15%

Jun

21%

July
Sep

77%

Jun

12%

24

Jun

79%

Jun

67
64

5%

12%

28% May

2
12

1

3

Georgia-Pac Plywood 8c Lumb Co.. 1

42% Jun

2

Gillette Safety Razor com—No par

98

1

Jun

16% Jan

84 % Mar 15

21

Dec

28% Aug

17

Apr 27

17%

Jun

25%

Dec

24% Jan

55

Dec

54

10%

Dec

24% Jan

9

11

3

31% May

3

23

58% May

9

5%

Jan

x95%

Jun

116

Jan

14%

Jun

19

Sep

13% Mar 24

18

52%

Jun

72%

Dec

69% Jan

96% May 27

98%

Jun

10

Jun

1% May
6% Feb

16%
16%

Jan

Jun

20% Mar
93%

Apr

11

Jun

Aug

45%

.

101% Jan 20

Jan

106

Sep

43% Jan
103% Jan

16% Mar

3%

Jan

8%

Apr

30%

11% Mar

Dec

28%

Dec

1

2

112% Jan

11

Jan

9

104% Jan

10

55% May 31
108

Mar

13% Feb
2% Feb

6

10
18

3

3

10

Jan

4

37% Feb 28

24% Jan
26
100

4

Mar 10

Mar

2

32

Jan

Oct

13% May 11
33% Jan 12

11%

Jun

14%

Sep

12

33%

Jun

43%

Jan

35% Jun

2

16%

Jan

19% Oct

18% Apr

17

133% July
62% Dec

144% Mar

137% Jan

3

Apr

36%

Feb

1% Jan

28% Dec
16 V*

13

12

7% Jan
29

Jan

101

13

Jan

3

Apr

18

85 convertible
Gimbel

preference

Brothers

Glldden Co

(The)

103

Apr

3

17% Feb 28

Goebel

Mar

10
7

n% Mar

43%

Dec

38

Jun

1

45% Mar

11%

14% Mar

13

Jan

4

17% May 23

Jan

30

7

12

July

10

Apr

19

100

July

95

5

Feb

92

Jan

11
28

13

28% Apr 29

7% July
101
Dec

6% Jan

3

9% May 13

Jan

3

103% May 25

12% Jan

3

17% Apr

4

57

Jun

14

Dec

100

Jan

54%

56% Jun

71%

16%

22% Dec

Jan

Jan

17

18% Jan

Jun

9%
41

11% Jan
100

Apr

Apr

20%

For footnotes

see




Jan

.

51% Jan
59% Jan

29

Jan

3

21

page 28.

19

Mar 23

70% May 11
13

.24% Jan

14%

14%

41%

42

41%

423/s

♦97%

98

98

98

*97%

15%

14%

15

14%

15%

84%

*83%

*83%

19%

19%

28%

28%

58

*56

9%

Xl8%

18

18%

18

18%

29

x29%

58%

*57%

58%

9%

9%

9%

9%

18 Vb

29%

9%

9%

10

200

>6,100
.1,300

29

*56

58

♦56

18Vs

28%

is%

28%

29%

*57%

28%

84%

100

5,000

58%

9%

*108%

110

*108'/4

15%

16

15%

16%

16%

16%

16%

17%

17'/a

96

96%

95%

96%

95

95%

94

953A

94

94

103%

103%

2,400

17%

1

*107

107%

12%

12%
1%

2

5

8%

8%

*33%

33%

54%
*107

12%
1%
8

33%

110

*107%

103%
55%

55%

107

107 %

110

,

13,900
3,000

1033/4

500

55%

55%

543/4

55 Ys

11,000

106%

106%

12%

107%
12"%

12%

12%

1,100

1%

1%

13/4

1%

54,300

*103%

55%
107

12%

1%

•v

8%

7%

1%
7%

33%

33 %

33%

33

2

90

110

*106%

103%

12%

12%

110

110

110

7%

1033/4

104

7%

8

200

8

3,100

33%

33%

33%
40%

1,800
2,400

No par

39%

39%

40

40

40

40 %

40

%

403/a

4oy8

5

27%

27%

27%

27%

28

28'A

27%

28 %

27%

102%

102%

•1017/a

102%

102%

io2y4

14%

14%

♦14%

14%

14%

143/4

143/4

35

•34%

35

34%

343A

*343/4

1,100

28%

common

preferred

100
com

1

102

102

14%

14%

*34%

102

102

14%
35

260
;

1,100
40

No par

34%

34%

Ore Prop..No par

13%

13%

13 %

13%

13%

13%

13%

13%

13%

13%

1,600

36%

36

36%

35%

36%

35%

36%

35%

35%

13,100

20%

20%

2,300

147%

147%

pfd

No par

Great Western 8ugar com
7% preferred
i

36%
20%

20 %

20%

20%

20%

No par
100

*146

147

147

147

•146

100

*67

70

*67

70

•68

(H L) Co Inc
l
Greenfield Tap 8c Die Corp..No par

39

39

Green Bay 8c Western RR

Green

*16%

17

38%
*16

3

10%

10%

10%

...

100

*96%

98%

♦96%

Aircraft Corp
Guantanamo Sugar common

1
1

Common

preferred

$5 convertible preferred

No par

Gnlf Mobile 8c Ohio RR com.No par

preferred
Corn

Gulf States Utilities Co

No par

26

26 %
9

9

*103%
16%

55%

105
.'

25%
9

*103%

16%

16%

55%

♦55%

20 YB

20%
147%

146%
•63

70

38

20 y4
147

,

♦68

70

38%

38%

210

70

39%

3,600

38%

38%

38%

16%

•15%

16%

*15%

16'/a

16%

16 S/8

100

10%

10 %

10%

10%

10%

10%

10%

30,300

98

973/4

973/4

10

26%

25%

26%

4,700

9%

4,100

(The)—

Grumman

Gu'f Oil

5,000

80 %

...10

i

30

10,000

42%

41%
97%

10

(The)

Grayson-Robinson Stores
$2.25 conv preferred

$5

42

14%

100

No par

Graham-Paige Motors
Granby Consol M 8 <fc P

4%%

14%

14%

9%

No par

preferred

Greyhound Corp
Jan

80

*82%

.

Gotham Hosiery

Gt Northern Ry 6%

22

86%

*74

40%

54%

Iron

*84

80

97%

103%

3%%

86%!

41

54%

(W T) Co

27%

98

*103%

Co

27

•74

15%

...

3,500

27

*84

13%

13%

800

28%,

41

...No par

Union

26%

2,300

103

1

$5 preferred

Grand

*102

i

2,400

1,660

80

84%

50

103

1,100

•

27%

15%

2.50

28%

28%

28%
♦102

30

*97

Goodyear Tire 8c Rub com___No par
$5

13%

28%
103

29%

29%

29%

85

*82%

(B F) common—No par

44% Jan

151% Apr 26

13%

111

,

83%
•74

15%

Gold & Stock Telegraph Co

Gt Northern

Apr 28

13%

111

:

27%

27%

84%

No par

Goodall-Sanford Inc

Goodrich Co

27%

15%

preferred

13% May 17

71

Jun

27

*102

*82%

Brewing Co

37

6

Oct

28%

28
103

5

common

convertlDle

4Va V»

Grant

14

Jan

9%

28
*102

14%

Gleaner Harvester Corp

29 % Apr

65

15%

29%
28%
103

No par

u

Granite City 8teel

Nov

93%

No par

common

$4.50 preferred

40% May 12

67

Jun

General Tire & Rubber Co com

*29

*27%
*102

78

10

104

100

85

19

3

preferred

*83%

Jan

24

30

30

*74

80

107% Feb

29%

29%

78

13% Apr

9% Mar 29

112

85

13

112

111%

32%
Xlll

27%

90

112

32%
113%

125%

*74

33% Jan

2,500

35

32%

32%

*83%

Jan

26%

33

7%
26 %

32y8

7%
25%

5

Dec

8 300

26

7%
26 %

32%

7%
*25%

100

91

7%

7%

100

37%

126%

7%

7%

preferred

May

*124 Yz

*25%

preferred

15

126 %

♦124%

126%
7%
25%
26%

3%%

25

17

21%

7%

4%%

8% Jan

16%

21%

•124%

124%

13,200

17
21 %

106%

*32%

3,000

3%

16%
21

*124%

1

600

17%

126%

No par
—20

800

21%

*124%

DAY

10c

pfd

:'A:

16%

17%

21%

25%
32%

3%

3%

3%

%

21%

DECORATION

17

21%

6

Feb

Jan

3%

3%

17%
21%

No par

Telephone Corp

4%%

*3%

17%

*21%

100

Refractories

General Shoe Corp
Gen 8teel Castings 86

3%

5

General Realty 8c Utilities
General

3%.

*21%

No par

14

86

Oct

Jun

15

Apr

7

Jan

Jun

14%

72% Feb

3

23

Jan

4

Jan

80%

34

14%

General Time Corp common—No par

19% Jan

Jan

4

17%

100

14%

28% Jun

77% Jan
68

2

May

Jun

July

36%

30% May 11
102

Apr
Mar

Jun

72% July

48

36 %

General

Jan

73

36%

General Public Utilities Corp

Dec

31

21%

•36%

10c

18% Feb 20

22% Mar 10

Jan

*21%

1

No par

Corp

No par

21%

General Public Service

4% Mar 23

3

Jan

122

Gen Precision Equip

10

7% Nov

Mar

17% Apr 21

121% Jan

Dec

99% July
22% Jan

3

3% Feb

Nov

24%

11

Jan

38

16% Jan
19% Jan

3% Dec

124%

23% Apr

Gen Outdoor Advertising
General Portland Cement Co

.

•96%
26%

98

26%

9%

9%
105

*103%

26%

26%

9y8

9%
105

;

•103%

9/8

9»A

•1033/4

105

J

105

8,600

16%

16%

16%

16%

15%

16%

56

16%
56

•96%

98

56

55%

553/4

56

56 Ya

600

68%

68

68%

12 900

22%

22%

22%

6,500

*

'
-

25

68%

69

68%

69%

68%

68%

67%

No par

21%

21%

21%

22

22

22%

22

'

*

!

!

The Commercial and Financial Chronicle

STOCKS

Kange for Previous
Lowest

NEW YORK

Range Since Jan. 1
Highest

Year 1949

Highest

(

Sper share

$ per

$ per share

:

Sper share

share

Saturday
May 27
par

Hackensack

Water

Jan

39%

Dec

32% Mar 21

16%

Jun

24%

Dec

22 % Apr

29% May 29

Halliburton Oil Well

Cementing

5

12

Jan

14%

Dec

14

15% Jan

12

Hall

Co—

5

13%

Dec

May 24
11% Apr 29

14 Va Jan

12

Hamilton

81

Jan

72% May 29

80% Feb

8

3

11%

Jun

72 %

July

104%

Apr
18% Nov

142

May

46% Feb

108%

Nov

104

Apr

23%

Jan

20

Jan

107% Jan
23% Jun

Feb

145

Jan

148

14

149

11

2.

Mar 31

(W

Hart

10

Hat

5%

Jun

Jan

6% Jan

9%

Jan

10

8% Jan

7

10

19%

Feb

Dec

21% Mar

24 y8 Jan

20%

Jan

25%

Dec

25% Jan

33% Mar 16

84

Jan

95%

Dec

30

Jan

37%

Dec

35

98%

Jan

Oct

103

25

105

93%

98% Apr
41
Jan

5

106% Jan

6

Feb

Apr
Mar 20

9

11%

*11%

12

72%

*72 %

74

107%

12

11

11%

72%

*106%

7% Feb

73% May 26

*14%

107%

27% Jan

9% Feb

27%

15

*10o,%

5% Jan

64% Jan

29

•14%

Hanna (M A) Co $4.25 pfd__No par
Harbison-Walk Refrac com—No par

23% Jan

Oct

x28%

15

STOCK

Dec

Dec

29%

14%
EXCHANGE

Nov

68%

34%

29%

14%
11%

7%
10%

♦33%

29%

*14

72%

*

preferred
Schaffner

&

—

Marx—a

Corp of America

4%%

preferred—,

Glass

Hazel-Atlas
Hecht Co

3%%
Heinz

*143

3.65%

Co

75

*73%

10

*9%

22%

2,100

32%

32%

1,200

99%

*98%

99%

10

*36

36%

36%

36 %

*36%

36%

36%

36%

*36

36%

300

103 %

104%

*103%

104 %

104%

104%

104 %

104%

40

30%

30%

30%

31

*30%

31%

*30%

44

43%

43%

43%

43%

43

43

15%

15%

15%

15%

15%

15%

15%

1,400

57%

56%

57

4,100

*103%

*

104

*43%

16

15%

40

Jun

53

49 % Jan

23

58% May 19

Hercules

Powder

6

127 y2 Mar 13

1

62

Nov

53%

Dec

53

56

Feb

8

51% Nov

52%

xl3% Aug

May 12

53% Feb

3

3

22% Feb

18

13% Feb

10

18% Jan

7

77

Dec

84%

Sep

70

May 17

80

Jan

6

8% May
11% Jun

12%

Dec

11% Mar

6

14

May

4

Hilton

17% May 22
9

Hinde

30% Jun

Holland

Dec

14% Jan

4

Sep

13% Jan

5

Dec

25% Jan

14

Jun

15%

Oct

10% Apr

5

16% Apr

18

8%
16%

Jun

22%

Jan

24% Mar

28%

Sep

Jan

50%

Nov

42% Apr

Apr

32J/4 Jan

19y2Jan

13
13

x24

1

14% May 10

27% May 31

34%

16% May

9

48

50

*53%

53%

53%

53%

*53%

53%

53%

53%

50

52%

52%

*52%

52%

*52%

52%

*52%

52%

52 %

52%

5

20%

20%

20%

20%

20%

20%

20

20

19%

19%

500

1

13%

13%

13%

13%

13%

13%

13%

13%

13%

13%

6,400

3%%

*71%

73

71%

72%

130

13%

13%

13%

4,200

16%

*16%

Hotels

Furnace

Hollander

—.10

40 % May

Hooker

34%
116

Dec

109

Jan

13

132

May

101%

Dec

101 Va Jan

12

107

May 24

9%

Jun

13%

Dec

ll'/s Mar 25

14

Jan

9

30

Feb

35%

Nov

31 Va May 17

34

Jan

10

$2.25

28%

33% Apr

38 Va Feb

10

Household

Co

com

Jan

41%

Nov

Jan

99%

Dec

95% Jan

7

99% Mar

9

Jun

46% Jan

13

52% Jun

2

Houston

Feb

38% Jan

12

59% May 19

Houston

Oil

Mar 22

19% Apr

27

Howard Stores

17

44% Jan

9

16

Oct

15

46%

Jan

35% Apr

Dec

8%

Jun

11%
17%

Dec

12% Jan

33%

Jun

47%

Jan

,35% Mar

Feb

14%

Oct

Nov

11%

Jan

8% Jan

12

1% May

2%
18%

Jan

1 % Jan

'3

4% Apr

22

17% Jan

13

25% Apr

13

Hussman

8%

10%

Jun

Mar 13

17

26

42 y4 Feb

9

2

17y< Apr 29
12% Apr 14

13 Va Mar : 1

5%

&

share

$ per

39%

130 %

130 %

105

*105%

107

*105%
12%

12%

2,600

*31 %

31%

800

No par
50

52

May 22

"7%

Sep

loVa

Jan

8

Apr

Jan

29%

Dec

"28%

Jan

Jun

8%

Jan

7

Jan

33% Mar

53 y4

Dec

3

1
4

33% Mar 27
Jan

4

9

42% Mar 28

56

May 16

Oct

66

24

71

Feb

17%

17%

17%

*17%

36%

36%

*8%

8%

175

Apr

19

2

RR

stock

4.08%

preferred
& ,Sm

Co

Industria

6
26

Apr 10
41% May 11

Inland

15% May 19

Inspiration

6%

1000

*38%

No par

ser

RR

De

2%

Jan

1% Jan

25

Jan

12% Jan

13

15% May 22
240 '■* Mar 29

Int'l
Int'l

Harvester

4

3

5%

Feb

Dec

9% Jan

12

24

Jun

34%

Oct

31% Jan

Jan

86%

Oct

84

Jan

4

Feb

6%

Dec

31%

Jan

88

71

Feb

5% Feb
49% Jan

14

Nov
Jun

61

Feb

55i/4 Feb

14

46%

Oct

57%

Feb

23

Jan

56% Jan

95%

Jan

Jun

29%

Jun

59%

Oct

105%

Dec

50%

54%

Jun

33 %

Jan

73

Jun

86

Jan

30%

Dec

40% Mar

5

16

24

1

14

Intercontinental
Interlake

41%

8,000

15%

3,500

'

7%

A

Minerals

No par

177

Chemical

International Paper Co com—7.50
$4 preferred
No par
,

2%

2%

2%

2%

2 %

2%

2%

4 600

15%

15%

15%

15 %

15%

15%

15%

10 400

28'/a
177

12%
38

12%
37%

87%

5

*86

5

277%
*137

.4%

28

27%

138

45%
*106

.

231

28%

177%

*86

_A_100

-

Rys of Cent Artier com—No

5%

preferred—a

Silver

Intertype
Island

*137

'45%

45%

108%

*106

Jacobs

(F L)

3

Jaeger

Machine

Johns

107% Apr
27% Jan

24

109% Mar 20

81% Jan

13

24% Apr

18

2

19
6

37%

28%

87%

*86

♦5

5

5%

5

137

45%

45%

108 %

♦106%

29 %

30

137 %

28%

133

137

46%
108

45%
*106 %

7%

7%

7%

*7 %

60%

60 %

60 %

*59%

5

2,100

30

30 %

137%

180

45%

12,500

45

*106%

7%

60%

60 %

7,000

87%

*137

7%

60%

38%

5

46%

7%

5,200

37%

30%

108

12 Va

*86

5

137

400

12%

87%

60%

60%

60 %

108

7%

1,200
240

60%
60%

100

60%

39%

39%

40

39%

39%

39%

39%

1,100

48

*35%

47%

48

47 %

47%

47

47%

47

47%

2,200

*35%

36%

36%

*35%

36%

*35%

*59

69,600

39%

*59

*35%

37

36

13%

13%

13%

14%

13%

14%

13%

13%

38,600

21%

21%

21%

21%

21%

21%

21%

21%

3,600

23%

23%

23%

24

23%

23%

23%

24'/a

24%

24 Va

3,300

*38 %

38%

38%

39

38%

38%

*38%

38%

500

29

29

29%

29%

29%

*29%

29%

1,100

39

29

29

1

*138

140

*37 %
-

29

_i

Inc

Manville

96

♦138%

140

*138%

^

6%

6%

6%

2,600

18

18

17%

17%

17%

17%

300

96%

95%

95%

95

95

95 %

95%

100

67

66

400

6%

6%

6%

♦17%

6%

*65 %

66%

66%

66%

*66

loo

*104%

105 %

104%

104%

♦104%

105%

*104

par

50%

50%

50

57%

58

*107%

108%

33%

33%

33%

33%

88

88

26%

*

104%

105%

20

50%

49%

50 %

50%

50%

6 200

61%

60

60%

-59%

59%

1,400

*107%

27

107%

x66

60%

88%

preferred series A

105%

6%

50

60%

4% 2nd preferred series A_i__100
Jones & Laughlin Steel com
No par

,1

50%

57%

common

20

*95 %

66%

Corp.—i—_No

140

*17%

6%

66%

,

*138%

18
*

No par

common

Johnson

140

140

96

6%
18

pfd__100

140

12 %

5%

37%

♦86

87%

1.500

24,800

40

48

No par

preferred
&

12%

28%
177

♦59 %

50c

Co

3%%
Johnson

12%

237

13%

Co

1

51 % May 18

28

177

21%

:

107% Mar

61% May 31

33

28%
177 %

13%

a

103% Mar 27
9

37%

38%

12%

235

234

27%
177%

20%

common.

$6 preferred

3

12%

234

*

11

•

12%

28%
177

177

No par

-

Creek Coal

233

27%

28%
177

No pdr

Corp
Stores

Corp

232

231%

5

Utilities

Dept

Co

25

common

30

2%
15 %

37%

com/—_5

900

2,400

2 %

12%

—

*96

"

10%

15%

28%

100

*96

232

232

No par

!

4%
preferreda—
100
International Mining Corp__A_—1
Int'l Nickel of Canada com
No par

Int'l

1

2%
15%

Sys class A—25

Preferred

97%

No par

A

i—

&

*96

<

a___No par

•

common

preferred

Int'l Hydro-Electric
Infe'

100

Rubber

Iron

7% Jan
18% May

34% Mar

180

96

3

Apr

15

96

Apr 21

34% Jun

41

15%

97

Jan

'90

40%

xl5%

96

31% Mar 15

33

40%

15%

96

preferred-—

Jewel Tea

•

40%

15%

97

4%%

3

Jan

40%

15%

21

70% Mar

45% Feb

Dec

40%

'15%

20%

3

48

21

109

*175

*40%
•

,

20%

Jersey Cent Pwr & lit 4%

Dec

Feb

,

20%

96% May 15

Dec

102

'

7

20%

Interstate

44

31%

7%

20%

1

5

31%

20%

24% Jun

May 22

♦175

180

7%

20%

4

25

30%

*175

7%

20%

Aug

6

31%

180

67%

*7%

20%

International

14% Jan

32

*175

7%
preferred———25
International Telep & Teleg—No par

92% Jan

32

DAY

5

1

Dec

DECORATION

32%

180

1

Jan

31%

1,800

common-

21% Jun

Dec

2,300

178

36% May

7%

700

8%

*173

13

18%

52 %

8%

Corp

17

94

52%

8%

Interchemical

9% Jan

Jan

52%

8%

*10%

17% Feb
20% Jan

Jun

52%

8%

500

33

Jun

52%

8%

1,800

Jan

2%

52%

10%

Apr

11%

CLOSED

8%

10%

Dec

81

52%

2,000

International

141

2,300

7%

4

'1

37%

53%

54% Feb

Mar

270

37%

39

67

26

136

38%

38%

66 Va

46% Apr

Feb

*37%

37%

67

Jan

148

136% Aug

38%
38 %

10%

May 18

Apr

400

38%
37%

66

*39%

45

13,000

68

No par

5

*38

1,900

89

67%

International Shoe

30

41%

89

68

28

27% Jan

41%

90

68

46% Jan

29% Jan

42%

SO

37

68

38% May 17

Jan

37

41%

90%

53%

-7%

Nov

37

37

37

42%

90%

STOCK

31%

60%

32

37

42%

'

*8%

60%

34

1

54%

7%

Jun

r.

i'X

92%

54

60%

Jan

■,

37

42%

54%

*59%

24

Shares

54

par

24

Sales for
the Week

7%

No par

16

$ per-share

54%

—loo

3

June 2

*

7%

Salt;

•

June 1

*53%

International

Jan

$ per share

7%

8% Apr 12
64% Apr 12
60% May 27

3

$ per share

Friday

Thursday

$ per share

♦10 Va

x46% May 24

43

Wednesday
May 31

10%

25

108

PRICES

May 30

*10%

33% Jan

1

1,200

10%

137% May 31

Feb

8,200

*10%

24

104

3%
23%

1

19

30% Jun

25% Mar 31

3%

23%

Inc———J

130% Feb

50

18%

Feb

2,800

3%
23%

11%

Ctfs

9% May '8

4% May 25

11%

3%
23%

InsuranshareS

13% Apr
6
38% May 29'

25

73%
3%

Jan

HIGH SALE

4

2

2% May

181

11 Va

11'/a

23%

5

21% May

3

11 Va

3%

23%

100

Business ' Machines

29% May 18

Jan

25% Apr

9,100

54%

Copper—r—20

13%

xl75 May

4,300

15%

EXCHANGE

31%

*7

15%

Jun

212

39%

15%

*13

39%

,

41

9%
xl45%

Dec

31%

par

A„•_

15%

31

Dec

400

39%

15%

54%

S

40%

92% Jan

29%

14%

40%

15%

38%

8%

—No par

•_

Dec

180%

14%

39%

,*52%

52%/

*8%

—a

Co

95%

Jan

*12%

No par

Jun

Jun

13%

39%

52%

l

Jan

22%

200

38

39%
38

5

Mex,

86%

164%

3,600

3%

16

11 Va

4

36%

38

Co—

16

■*

8%

40

Tuesday

*90%

—50

preferred-—

16% Jan

20

11%
23%

42

36%

A

Dec

x98% Apr

*36%

common

18%

J an

900

18

36%

36

13%

$ per share

92

Apr

11

8%

May 29

42

series

Cons

17%
36y8

*8%

Monday

$ per share

41%

12%

,34
11%

23%

*90%

2

Jun

3%

23%

A__100

10% May

July

11 '/a

11 Va

-,*4%

Saturday

coinmon_10o

pfd

Dec

7%

4

20
Co

conv

preferred—
Steel

17%

36%

8%

15%

16

LOW AND

10%

30% Aug

11%

,

May 27

Jan

14

15%

*23%

STOCK

Rayon
Ingersoll-Rand common

Jan

37

1,600

39%

13%
39%

15%

17%

37

*96

;

Electrica

Jan

Jun

15%

1

No par

Industrial

12% Mar 30

38%

13%

39%

13%
39%

,

17%
*8%

35%

*

RR

Terminal

38

Jan

39%

_1?.50

Indianapolis Power & Light—No

163

41

8%

13%

A—100

Ltd—No par

6.66%

ctfs

cum

Illinois

36

37

a

*96

97

1

a

—

35%

'35 %

35%

20

*8%

Illinois Power Co

Jan

Feb

31%

*17%
*36%

non-cum

Jan

7%

31%

5

Corp

Co—

6%

Apr

4% Nov

31%

490

200

Central

18'A

Dec

31%

*96

Par

41%

Nov

31%

35

„

l

Jun

37%

31%

25

t ,C—

V

Refrigerator

Jan

103%

31 %

50%

Hunt Foods Inc

May

Jan

31%

No par

Motor Car

30

Dec

13

1,700

non-cum

155

33%

12%

EXCHANGE

9% Jan

3

94

13

56%

NEW YORK

52% Jun

24

21%

Feb

12%

56%

39% May 26

143

12%

56%

41% Mar 23

Dec

12%

56%

13

Jun

13

129 %
107

56%

25«

25%

12%

129 %

55%

Jan

36% Jan

Jan

39%

39%

39%

130

xl05

57

.34

133

39
xl29

56%

2

10

38%
128
108

57

Jun

Dec

3,100

38%

38%

*56%

of Texas

89

234

39%

38%

3,000

Dec

Jan

5,100

52%

Jun

1

500

45%

50%

73

8

18

27%

x45 %

97%

Illinois

165

18

27 %

46%

128

Idaho Power Co—

11%

18

27%

46

52%

40% Mar 15

72%

*17%
*27

47 %

97

42% May 31

Jun

17%

27%

46

52 %

35% Feb

4

17%

27%

47%

52

34 y4 Jan

55

17%

27%

47%

35%

Dec

Dec

17%
27%

47%

*106

$ per share

98

700

18

.23

96 %

.

share

700

52%

Dec

Nov

12

35%

36%

34%

11%

96%

36%

37%

12%

*12

51%

Jun

Jun

12%

*35

Feb

Jan

12

*95%

31%

20

12%

*12

12%

35%

22%

25%

400

3,500

47%

100

I
100

14%

30%

51

Hudson Bay Min

Range Since Jan. 1
Highest

Lowest

Highest
$ per

14%
30

STOCKS

Year 1949

tper share

14%
30%

97

Eange for Previous
Lowest

14%
29%

50%

Sound

Hudson

14%
30

130

Hupp Corp

Dec

9

Howe

14%
29%

Manhattan.common—100

Jun
Jun

Jun

Hudson

1,400

15
29

*27%

,

Finance common—No par

4%

liy8 Mar 13

17

15

28%

108

preferred

31%

7% May 11

16%

15%

*129

Light & Power

29%

48% May
44% Oct

12%

16%

13%

*106

preferred

86%

3% %

xl6%

'

300

*17%

30

com—5

_

42%

26

17 %

13%

200

No par

$4.25 preferred—__
conv

13%

400

54

—No par

$4.50 2nd pfd series A

Houdallle-Hershey

13%

*71%

73

47%

28%

12%

12.50

Electrochemical

Jun

5

—

Mining—

*17

17%

♦71%

73

47%
*53%

*28

—10

preferred

conv

13%

13%

126

126

*14%

5
a

*71%

73

*17

"

1

:

Holly Sugar Corp.——
Homestake

9

Co

125%

13%

_5

& Sons„_J

(A)

29y4 Mar 7
47% Jan ll

10

Corp—

& Dauch Paper Co
(Charles E)„—'

Sep

Dec

_

Co

94%

100

60

48

Heyden Chemical Corp——_—a

5%

1213

*125

126

48%

Hewitt-Robins Inc.——

Hires

56%
*125

*47%

preferred series A_——100

21

15% Jan

Jan

15%

57%

48%

preferred series B—-

x51% Apr

Jan

15%

56%

310

*47%

4%%

Dec

21%

29%

56%

125%

300

31

48%

preferred series A.

21%

Jun

56

125

56%

7%

*47%

*125

com.:——-No par

4%%

Jun

12% Jan

56 %

—1—100

—

14%

20

———10

common___No par

5% preferred
Hershey Chocolate

22%

.

*98 %

44

Jun

5,800

98 %

30%

48

7%

98%

*30%

Jan

7%

98%

*97

*43 %

40% Jan 30

900

32%

*15%

125

10%

■

22%

_>25

Sep

*10

10%

32%

Motors—_—_No par

Dec

600

*74%

6%
74%

22%

Hercules

45

26%

6 %

7%

3

131

26%

6%

32%

20% Mar

Feb

800

26%
75

22%

14% Mar 23

26% Mar

4,500

7%

40 % Feb

122%

10

23%
150

32 %

30% May

Dec

108%

22%

Dec

preferred

23%
*145

*97,

—_100

common

300

7%

Dec

W)

10

*107%

23 Va
150

600

32

17% Aug

(G

75

lO'/a

10

"

22 %

7%

42%

non-cum

*73%

108%

'6%
*74

;•

32

32%

7%

6%

600
=.

22

7%

Jan

Helme

26%

26%

6%

10 %

*145

11%

*72% ,74

32%
98%

Jan

Mar 10

26%

75

23 Va

23%
148

1,100

20,900

15

22%

7%

Jan

44

DAY

*107

107%

11%

35

28%

7%

13 %

33% Mar 16

23

*143

6%

34%

7

Share1

22

common—-—a—25

preferred———

107 %

CLOSED

DECORATION

26 %

6%

23%

22

the Week

32%

5

preferred——-——100
J)

■26%

10

common—r——15

(H

26%

"6%

*73%

1

•

23

148

6%

t.

—a—2

Co

22%
*143

148

26%

1
a-IQO

I

Industries Inc
Mfg Corp——

Hayes
Hayes

22%

22%

100

10

common

*33%

34

34%

29

14%

11%

preferred

34

34%

29%

72%

25%

June 2

$ per share

t$ per share

$ per share

Sales (or

Friday

Thursday
June 1

34%

12

6%

,,

28%

Watch Co com—_No par

conv

.

*33%

*14

73%

Jan

Jun

,

*72%

Jan
Jan

25

Printing

*11%

4%
6%

\

$ per share

———100

4%

20%
61

F)

May 30

$ per share

Monday, June 5, 1950

.

,

21

,

Wednesday
May 31

Tuesday

May 29

$ per share

H
20

Monday

.

HIGH SALE TRICES

LOW AND

STOCK

EXCHANGE

Lowest

.

107 %
■

.

'V

108 %

*107%

108 %

*107%

103%

10

x33%

33%

33%

33%

33%

34%

20,700

x88

'

88

88

88

88

88

27%

27

27

26%

27%

3,400

12%

1,700

—100

*87%

1

26%

26%

12%

'12%

12%

12%

12%

12%

12%

12%

*102%'103%

*102%

103%

*102%

103'%

*102%

103%

*103

104

*108

109

*108

109

*108

109

*108

109

50

52

1,100

63

300

Joy Manufacturing Co

26%

130

K
8%

Jun

94%

Jan

102

Aug

98% Jan

100%

Feb

105%

Nov

104% Jan

12%

Jan

9

Mar 24

13% May 16

Kalamazoo Stove & Furnace—
Kansas

*34%

25
9

Feb

49%

Dec

46% Jan

62%
17%

Dec

59% Jan

26

14% July
10% Jun
17%

x!3%

Jun
Jun

10

109% May 18

12

Jan

52

103% Apr

57% Mar 25
-

64

Feb

19

Mar

16

3.80%
4%

preferred.'

cum

Kansas

4%

10

—A—.

preferred

City

Southern

non-cum

100

_1__100
com__No par

preferred

100

Nov

16% Jan

3

6

14%

Jan

Kansas Power & Light Co com—8.75

13% Jan

9

Kayser

Dec

11% Apr
20% Jan

11

23%

13

23% Jun

2

16% Jan

30

20

19%

Dec

For footnotes see page 28.




May 24

.

12%

City Power & Lt Co—

(Julius) & Co__
5
Kelsey Hayes Wheel conv class A—1
Class B—

1

108%

109

54

54

*53%

54

62%

62%

*62%

63

17%

12%

-

17%

17 %

53
*

.

54

53

53

51%
*61

€2

62

17%

17

17 %■

17

17%

12

12%

12%

12%

12%

12 %

12%

1,600

23%

23%

23%

1,500

19%

19%

19%

1,600

*61%

12%

xl2

*22%

23

*22%

22%

22%

22%

23

*19%

19%

19%

19%

19%

19%

19%

63

17%

17 Va

8,200

Number 4913

171

Volume

.

.

.

The Commercial and Financial Chronicle

NEW
Range Since Jan. 1

Year 1949

Lowest

$ per

share

$ per

NEW YORK

Highest

Lowest;

Highest

$ per share

YORK

STOCK

RECORD

STOCKS

Range for Previous

Saturday
May 27
Par

Monday
May 29

$ per share

SALE PRICES

HIGH

LOW AND

STOCK

EXCHANGE

$ per share

share

May 31

May 30

$ per share

Jun

56%

Jan

49 J/4 Apr

3

58 J/2 Jun

56%

NOV

45 J/8 Mar

1

49% May 10

5

.57 %

485/e

483/4

49

11 Ye

Feb

16%

Nov

15% Jan

3

27% May 24

Keystone Steel & Wire Co

57%
485/8

57%

48%

Kennecott Copper
Kern County Land Co

No par

Jun

No par

253/4.

253/4

253/4

17 %

Jun

25%

Dec

24

Jan

13

38 Ve May

Kimberly-Clarke Corp

253/4

No par

t

36'A

36

107 J/2

Dec

Jan

4

152'/a May 20

363/4

Jun

106

36%

90

100

t

1

17% Mar 31

10%

16 J/4

Mar

25%

90% Aug
x35% Feb

48%

4%

31 '/a Mar

2

Jan

93 J/2 Jan

97

9%

Dec

401/4 Jan

53% May 22

60%

8

Jan

,

6% Feb

Jan

11%
!

47

16

15

3% Feb

Oct

6

27

59J/a Jan

Dec

Kinney (G R) Co
Koppers Co Inc
4%

preferred

42% Jan

6

Kresge

Jan

5

Kress

62

(

S S)

(S H)

Gas

Co

Consolid

6%

3
12
6

Lambert

Dec

10% May 15

121/4 Jan

9

Lane Bryant common

Oct

44% Apr

47% Jan

25"

Co

4 % %

Jun

26%

Jan

22% Jan

19

32% May 24

Lane-Wells

Jan

45%

Dec

40% Jan

25

49 % May 29

Lee

16%

Jun

22%

Jan

20

Jan

3

253/4 May

Lees

90%

Jan

May

94

Jan

24

63/4

Jun

33%

Jun

113/8

49%

7 3/8 Jan

Jan

3
27

99% Mar 23
8% Apr 26
503/8 Jan
7

Dec

443/4 Jan

3%

Jun

5%

Jan

43/4 Jan

3

6% Apr

5

1%

Jun

3

Jan

l3/4 Apr

10

2'A Jan

10

15

Jun

24%

Jan

Jun

4%

8%

Jan

563/4

Dec

X413/4

Jun

8%

Feb

20%

Feb

26%

Jan

64

6%

Jun

13

50c

Jun

2

lis/o Jan

10
9

72% May 19

1

7% Jan

3

34% May

1

Oct

83

Jan

27

186

Sep

182

Jan

11

33

Jun

49

Dec

45

Jan

17

x6%

Jun

10%

Jan

x7% Mar 29

52%

Jun

Dec

60% Mar

19

Jun

33%

Oct

28% Feb

27

131/4

Jun

17%

Dec

17'/4 Jan

3

x67

$3

24'/8 Jan

Feb

91%

30

30

2

65%

Jun

78

Jan

73

Jan

13

16%

Feb

25%

Dec

23% Jan

13

14%

Jan

64

8'A Mar

2

37% Apr

10

89% Jan

3

187

Dec

75

Jan

13

Oct

22% Jan

6

27% Jun

19%

Jan

273/a

Dec

25 '/a May

5

28

Jan

172%

4

174

153

Lone

Lorillard

IP)

166% May

30% Jan

11

Jun

Jan

34% Jan

3

Sep

22% Mar 24

275/8 Jan

28

Lowenstein

Oct

973/4 Feb

17

991/2 Jan

Mar

18% Feb

23

20% Jan

5
18

Lukens

100

21%

4 'A %

&

$ per

$ per share

54

62%

62%

700

7%

17,600

403/4

41%

54%

54%

62%

62

62%

'

62

20

,V

3,300
500
...

1,500

10%

10 3/8

10%

l',900

*443/4
*31

7%

7

7%

4

*443/4

46

49

46

31%

31

31

48%

48%

49

49

231%

233/4

*23%

23%

96'A

961/4

*96

97

7%

73/4

7%

233/4

98

*96'/4

98

7%

73/4

-

•

73/4

46

900

49

23

1,300

23%

97

97

73/4

(M)

NEW

48%

2,800

*48'/4
5%

5%

6

6

5%

6

5%

5%

55/8

5% /v.

4,600

1

*13/4

1%

1%

1%

l3/4

13/4

13/4

P/4

13/4

13/4

3,500

16%

163%

163%

165/8

16%

165/8

900

7

51/8

5%

900

; t

25

*16

16%

5

48%

48%

16

16

S.

*5

5

/

■

483/8

v

„

V".,

5%

1

62%
*105/8

11

62%
10%

231/4

23%

23%

23%

70%

703/4

No par

62%

625/s

K'

5

5

63%

63%

49

■

103/4

11

231/a

23%

72%

72%'.

71%

71%

23%

8

*35

8

84%
*184V4

35

84%

84%

8%

35

35

85

84%

84%

Jun

Apr

42

Dec

38% Jan

3

411/a Mar 24

Jan

139

Oct

135 J/2 Mar

3

140% May ?8

14%

Oct

9%

Jun

27%

Jun

333/8

Jan

95%

Jan

104%

11% Feb

Dec

153/s

13'

5

Jun
Jun

6%
7

Jan

193/4
525

Feb

9%
11

Mar

11% Mar 31
29'/2 Mar 31
102

Jan

20

81/2 July
103/8 Jun
430

Jan

2b

Apr

3

9% Mar 27

17

May

4

*184%

185%

x57%

57%

83/4

9

185'A

*185%

185%
59

*57

9

8%

*57%

9

83/4

62

300

40

11,800

18%

18%

81

80

80

*79%

29%

293%

30

28%

100

*79%

1

29%

*791%
295%

30%

,

2,100

293/8

16

16%

16

16%

16

16%

16%

78%

78'%

78 Via

78%

78 5%

79

78 3/4

79%

1,700

255/8

255/8

26

26'%

26%

27 ;,

27

27%

1.700

265/8

2",700

10

26%
*169

26%
171

26%

36%

38%

385/s

38%

26%

26%

26%

263/8

170%

*169%

171

170

170

140

36 '/a

30%

35%

36

36

36

393/8

39

39

38%

39

26%

26%

26%

.263/a

261/4

*98'/2

99%

*983/4

99%

*983/4

20%

19%

20%

20%

20

36%
38%

20%

LOW AND

STOCK

Saturday

Monday
May 29

May 27
$ per share

$ per share

HIGH

SALE

Tuesday
May 80

| per share

*

263/a

.,

2,100

99'%

50

20%

-

1,400

PRICES

Friday

Thursday

Wednesday
May 31

June 2

/June 1
$ per

$ per share

15% May 23

Mack

Trucks

Macy

(R H)

14% Apr

18

$ per

share

share

Sales for
the Week

Shares

Dec

7'A Mar 30

93/8 Jan

11

Mandel

Bros.

No par

*8%

8%

*83%

81/2

*8%

8 J/2

*8 3/fl

8%

8%

Dec

8 3/4

May

23

6

Marine

Midland

Market

St

23% Jan

25

27% Feb

10

95V2

Apr
Jan

104

Dec

102 J/2 Jan

3

7%

Jun

12

Apr

9% Jan

13

10%

Feb

135/e

Jan

39%

Jun

59

Dec

II1/4

Jun

19%

Jan

48

106

Mar 23

17% Apr

29

4J/4%

20

13% May

Jan

13

69 J/4 May 22

Masonite

3

16% May

Master

56

Dec

47% Jan

13

60
182

8

9

May 31

Feb

179

Aug

175

Feb

3

38

Jun

49

Dec

46

Apr

21

Feb

9

89

Jan

983/4

Dec

98

Apr

6

100

Jan

12

89

Jan

98

Dec

97'A Jan

4

100

Jan

30

80

Feb

88

Dec

87

Jan

10

90

Feb

18

12%

Dec

11% Jan

3

50

Apr

13

173/4 May 11

7%

May

45

Dec

42 'A Jan

13

52

25

Jan

21% Feb

16

243/4 Mar 17

McCall

20 J/4 Apr

20

233/a May 11

McCord

40

Mar 22

33 J/2 Mar 24

Dec

100 J/2 Mar 11

Dec

Dec

43 J/2 Jan

27

Mar 28

44% May 11
36 J/2 Mar
105

May

3

3

52% Mar 16

24

Feb

34

Apr

30J/2 Jan

14

36

Mar

41%

Jan

60%

Nov

51 J/4 May 11

58

Jan

3

30%

Jan

41%

Dec

36% May

42% Feb

10

92% May

102 %

Dec

99 J/2 Jan

25

Dec

22 % Apr

27

8

1

103% Apr 22
26% Jan

9

16

17%

Jan

12% Apr
14% Jan

5

12% July

3

70% May

93%

Nov

82

Jan

5

23'/a May 20
91
Jan 24

28 3/4

34%

Oct

32% Jan

6

46

17% Mar

243/, Apr

Jan

Jun

27 J/2 Jan

27

Dec

73/e

Jun

135/e

Jan

11

Jan

3

34'/2

Jun

49

Jan

42

Jan

13

48

12%

Jun

15% July
8 5/6 Jan

14'/a Jan

16

16% Apr

29

6% Apr

29

27

Apr

433/4

Dec

39% Jan

13

90

Jan

99

Dec

96

130%

120

Jan
Dec

Jan

17

x20% Jan

Dec

23%

Mar 21

25

9

2
9

14 J/2 May 26

May

7% Jan

3

17
3

53 % May 10
99 J/4 Jun

169

2

May 10

293/4 May

5

Stores

conv

143/4

Jan

13

Jan

3

15% May 19

375/8

Jun

Oct

3 8 3/4 Feb

23

483/8 May 22

Jun

18%

Dec

17% Jan

3

20% Mar

7

Middle

Jun

34

Dec

28 J/4 Jan

2

Midland

7%

12

Jun

413/4 Jun

143/a Jan

Jan

9 J/4

7
17

11% Feb

21

42 J/4 Apr

Apr 27

15

10T

Mar

87

66%

101

Jun

104

Jan

99

Dec

14%

Jan

111

96 J/2 Feb

Dec

108

.

Nov

106

Jan

May 23

128 J/2 May 20
5
108 J/s Jan

Mar

15% Jan

9

67%

Jun

80

Feb

11% Apr
69 J/4 Apr

81

Jan

6

16 J/4

Jun

221/4

Nov

18 J/2 Apr

22 J/2 Jan

10

10%

—

;

Jun

,

■

—

JJ'or

—

foi tnotes

see

page




31

28.

Apr

21

34 »/4 Mar 20

14%

14%

143%

143/8

143%

14%

14%

3,300

121/2

121/2

12%

12%

*12%

12%

12%

123/8

600

*65%

66 J/2

66]%

67'/2

66

67

65%

65%

66

663/4

1,200

14%

14%

14%

15%

15%

15%

143%

15%

151/8

15%

2,900

58%

7,500

573/8

No par
-100

Corp

*180

5
No
No
No
No

49

*99 J/4

par

99

par

8%

Steel

Minn

conv

100

90

90

182

•/.' 182

*178%

185

*181

99%

98%

99

98%

99

90

89%

89%

16%

16%

16%

*89

100

2,600

993/8

250

98 3/4

90%

60

16%

2,900

49'%

49%

200

22%

22 5/s

2,600

22%

1,500

50

493%

493/4

*49%

49%

22%

22%

22'/2

22%

22%

223/4

22 3%

22 34

22%

22%

22

22

22

22'4

22%

22%

*22'%

41%

42
36

43

*42

42%

41%

42

36%

*35%

36%

36'.4

36'4

35%

104'/2

*103%

104'4

*1031%

47%

46 3/4

3434

*33 %

*1031/2

47%

*33%
;

*103

No par

23%

52

52

521%
105

343/4

*33 J/2

403%

*52

47%

47

343%

40%

,

1041/2

104'/2

*47J/8

5

X40 J/s
*103

40%

*33%
52

39%

103

24%

24

900

104'4

20

47%

47'/a

47%

34

33%

33%

2,700
■*-. 300

52'4

1,200

39%

39%

39%

2,100

103%

*102%

103%

24

52%

52 5/a

*24

15%

r

1534

100

241/4

24'4

24%

15

300

15%

2,200

3,400

143%

14%

1434

14%

22%

23

223%

23

23

23

5/s

22%

22 34

2234

90

*883%

90

883/4

8834

90

89%

90

45'%

*44

453/4

45%

45%

45%

45%

46

46

253/4

25%

253/4

2534

26

255/a

2534

2,300

13%

6,200

*14%

45%
25%

14 J/2

25%

25%

22

*88

14

143/a

14%

143/a

143/B

14%

13%

14%

46 J/2

47

463%

463/4

4634

4634

47

4734

16%

15%

16

16%

16'/a

1C

16%

7

*6%

3%

*15%

No par

*6%

513/4

50c

*99

No par

*153
*28

*6%

7

513%

51%

100
157 J/2

*99

*153

29

*271/2

...

52%
100

157%
29

41

52%
*99
155

*6%

7

52'4

523/8

7

>;v

52 5/a

*99

99%

155

99%
155

156%

*273/4

29

*2734

41%

42

42%

100

60

2,000

40%
*105 J/2

106%

*106

106 34

*1051/2

106

*108

1091%

*108

103 %

*107

105%

1053/4

109%

*107

15%

15

15%

46%

47%

50

109%

15%

153/8,

4,100

43

403/s

47

52%
99'4

157%

43

1061/2

46%

4,400

7

43

1091/2

46%

513/4

99'4
*154

290

16%

200

*393/4

15%

*6%-

4734

29

*108

15

16%

40
400

28%

*105 J/2

2,800

15

10

46%

46%

46 5/a

3,800

Utilities Inc—No par

18'/a

18%

18 '/a

18%

18'/a

18%

18%

18 3/e

18 3/8

18 5/s

9,400

37'/a

373/4

37%

3834

39'4

413/8

41%

4134

5,200

Petroleum
Prod

;

37'/»

'—100

*134'/a

1341/2

133 J/2

133%

133

No par

12'/a

12 '/e

12%

123/8

12

5

pfd series A

12 3/8

9%

100

preferred
_25
& Light Co_No par

*70%
*18

32%

2,200

9 3/e

800

393/4

4,600

383/4

38

*108%

109%

*108

108%

109

109

125%

125%

*123

125

123%

123%

108

*106'/2

108

123/4

13

9'%

*106%
123/a

108

123%

*106%
123/a

108
12 %

71

*70%

71

*701%

71

18 3/4

*18

183/4

*18

18 3/4

32%

310

11%

93/8

108%

125%

Minneapolis-Moline Co common—1

135

11%

93/a

1251/2

108%

12%

134%

12%

125

108%

108

135

108

100

12%

9%

*93/8

39

*106%

12

38%

39%

*123%

134%

91%

9%

39%

Mfg common
No par
$4 preferred
.—:No par

Minnesota Power

135

46%

39%

*9'/2

-—1.50

No par

'

Regulator—

:

1st preferred

46'/8

37%

common—

SS Marie—

$1.50 2nd conv

.

15

13%
♦47

.

28:f4

5

Co

310

104%

395/8

52%

39%

103

36%

36
*103%

,

*1021%

52%

103%

*23%

23%

47

42

42

*883/4

10

common

*49

50

*42

18

Inc

16%

Xl6%

16%

*35%

—__—1

Co

17

170

98%
*89 'A

16%

,

I

*48'/a

90%

40

48'/4

99

49

99

*99

185

47%

48%

48

483%

16%

Min &

$5.50

*99

99

60

par

No par

-

common

3.20%

49

100

x583%

3

1st preferred

New

182

49

99'%

60

No par

Minneap & St Louis Ry
Minn St P &

*180

49

100

59

15

Copper
South

182

583%

57i%

*89J/2

Metropolitan Edison 3.90%
4.35% preferred series
Miami

58%

58

par

—1

Minneapolis-Honeywell
34% Apr

141/2

12%

pfd_100
100
——————5

Mid-Continent

141/4

139% Mar

1051/2

14 J/2

preferred.
No par
& Scott—No par

Machine

Jun

3

1061/2

141/2

*121/2

Merritt-Chapman
Mesta

60

*105J/2

-—1

Transp Co

2nd

105

105

105%

8,800

No par
.No par

$3.50 preferred
$4

105%

9%

9%

93%

1

-100

Co

Co

Merck & Co Inc

8%

5

105%

i

Min

&

18

13

105'%

9%

1051%

50

Stores

21

Jan

3,500

.

37% Feb

11% Jan

263/4

common
No par
preferred (1st series)
100
4% 2nd preferred (1st series)—50
Melville Shoe Corp
—
1
Mengel Co (The) common
1
5% convertible 1st preferred—§0

101 % Feb

131

26%

Corp

107 J/2 Mar 31

Jan

27

4'%%

Feb

125/8

263%

McQuay Norris Mfg Co

Dec

139% Mar

27

common

McLellan-Stores

110%

18%

263%

preferred

104%

124% July
10% Aug

640

26"%

Publishing:

Oct

48

183/4

26%

Mclntyie Porcupine Mines

Jan

12

18%

263%

■.

Jun

Apr

18%

26%

Stores Corp common
1
convertible preferred—100

97%

106 J/s May 15

183%

No par

common

30%

110

93/8

McKesson & Robbins Inc com

Merch

3,900

183%

31'%

30%

30%

No par

McGraw-Hill

303/4

30%

31

9%

.

Corp

Mercantile

1,400

18%

McGraw Electric Co

Mead

600

8

9%

Co

Preferred

$4

30%

31'%

200

8

8%

183%

Corp

3%%

30 '/2

500

18

9'%

preferred

McCrory

8

85/8

18

18

18

8'%

8'/a

*18%

Chemical

1053/4

40

43J/a Mar 17

$3

17%

8'%

16,600

540

*525

9%

preferred
$3.75 cum pfd 1947 series
$3.40 cumulative pfd
Maytag Co common

May

173/4

19

18 3%

193%
540

18%

$3.75

19% Mar

19 3/8

*525

9%

preferred
Dept

19%
540

30%

Corp

Mathieson

8%

*8%

18 %

*525

*18%

L)

Electric

18

*17"%

8%

DAY

6.25
5

Martin-Parry Corp

10% Apr
13% Apr

18

540

pfd—100

preferred——(Glenn

181/2

18%
*530

Co com

Marshall Field &

Martin

8'/a

18 J/2

540

prior

Corp

6%

Ry

*17%

1

Marathon Corp

Dec

3

5

—

Exploration

x91/2 Mar 15

24 3/8

Jan

Maracaibo Oil

19 % May

4

25

Manhattan Shirt

31% Mar 11

3

July

1,900

*8'/8

19

18

165/a

8%

8% Jan

105% May

16 3%

8%

18'/a Apr

7% Mar

16%

83/s

Oct

Jan

16%

83/8

Dec

20%

16%

8 1/8

8%

Jun

900

16 =/8

8'/a

18%

Jun

ll5/8

8'/2

Jan

xl3

ll5/8

8 »/4

Co

18%

500

11%

—1

Jun

25

171/8

DECORATION

115/8

Sugar

16%
*525

2,800

ll5/8

Manati

19 J/8 Feb

Copper

'

3

106

*103%

11%

7

6%

Feb

163%

16%

100

7,400

33%
104

104

Jan

16% Mar

19%

12

x33%

9

17%

45%

11J/2

15%

15

15%
341%
105

4

14

100

11%

15

34
*104

7% Jan

17

Jun

*11%

CLOSED

800

143

14%

Aug

Feb

Jan

No par

*139

10
—1
50

Apr

29%

105

16

40%

*40

143

Magnavox Co (The).
Mahoning Coal RR Co

7

90

STOCK

EXCHANGE

*1031/2

40

*138

Magma

16

36%

15'%
34 J%

33%

104'%

34

15%

16%

40

143

*139

9

Dec

30% Mar

15

15'/a
34 J/2

1041/4

16%

16%

*393% "40

40
143

100

Co Inc com

4J/4%

preferred series A
Madison Square Garden

16 5/8

163%

*39%
*139

19

Apr

30

15

No par

16%
"

Jan

18 3/4

Jun

5

-

._

16%
40

143

17% May 20

103/8

7%

Inc

*139

24 J/4 Apr

Feb

170

*16%

*391/2

—100

550

3

Jun

343/8 July

5

common—10

32%

32%

32

321/a

*106%

38%

123/4

12%

70%

701%

*18

31%

;

4.300
'

20

17

Mar 30

10% Jan
530

6%

19%

Working Co

0

s

■

2,900

39

99

100

*19%

26%

26%

26%
1701/4

261%

98%
20

26%
*99

10

,16

:

26%

36%

161/0

16

,

171:

*169

<

36%

100

preferred—.

34% May 25
Jan 20

105

-j

20,400

79

255/8

50

Forbes

-

11,600

78%
25%

No par

& Sons Inc com—i

&

t
•?

300

81 '

No par
A

>

V

4,300

.

39%

18%

81

r 8%

100

59%

83/4

9

62

40

18%

*79i/8
29%

♦57%

59%

18%

39'/4

18%

29%

197

*185%

187

330

40%

62%

39%

18%

81

•

3,700

62%

62

38 3/4

18%

—

841/4

833/4

Feb

15

Jan
Dec

15%

25

& M Wood

6%

r't

400

18%

62

39%

18%

Co_

MacAndrews

*

X

7,900

39%

62%

383/4

*61

8

353%

*35

*61%

*61%

Par

M

■

•

84%

No par

$ per share

9%

?

:

600

1,500
3,800

72%

7%

8

8'/a

35%

845/s

185%

7%

8

*35

8%

35

593/4

*58

par

7%

353/8

5

Corp

YORK

:

'

7
5

.No

(Md)

V

•

4,000

231/4

7IV4

72

2,500

11

*10%

11

23%

'

■

64

63%

63%

11

231/4

10%

71%

48%

48%

5

5

62%

5

No par

EXCHANGE

31%

y

7%
48%

M

131

[f.

20

7%

♦48%

7%

600

30%

30

*48%
•

100

4%

*443/4

46

*443/4
*30 3%

49%
233/4

"24

*96 »/4

*443/4

46

30%

49

1

*23

7%

7%

30%

31%

48%

10

preferred series A

Highest

share

41

53%

41%
54%

103%

Nashville

Steel

Range Since Jan. 1
Lowest

Highest

$ per share

62%

STOCKS

Year 1949

40%

41
*54

.

10'/2

Co common-;

Range for Previous
Lowest

97

101/2

7% preferred
100
Louisville Gas & Elec Co (Ky) No par
Louisville

97

10 5/s

Corp

Cement

4
19

98

98

No par

Star

Dec

Jan

*96 5/8

29%
*961/2

300

10%

preferred

Aircraft

Long Bell Lumber

36% May 23
41% Apr 11

5,600

No par

2

Mar

295/8

10%

No par

convertible

Dec

25%

Jan

15

6

Mar 16

2 9 5/8

*10%

Co

41%

31% May
20% Jun
95

81

30

22

Co

32

Jan

23%

15% Mar 31

250

293/4

'

30

7%

Loew's Inc

Aug

t. 7%

145/a
71%

21%

Liquid Carbonic Corp com

18 % Jan

18 3/4

.?■

145/a
70%

*33/4

loo

Oil

25%

;

DAY

143/a

71%

7%

;

Belt

76

.

143/a
*70%

33/4

Corp

Lion

Jun

DECORATION

15%
71%

21%

1st preferred—No par
2nd pfd
No par

Link

Jun

..

413/8
54

*14%

CLOSED

.

No par

11

3'%%

41
54

62%

750

150

3 3/4

com

66 3/4 Jan

Lockheed

41%
54
63

148%

150

*70%

*41

*61%

1483/4

21%

Corp

81% Apr 17
32% May 1

97%

9,600

148

4%

Corp

9

*96%

37%

21%

5

Cup

May 22

97%

37

*33%

50

Lima-Hamilton

21% Jan

29%

37%

21"%

„

15

40 3/4

29%

36%

21%

preferred

Tulip

71

29%

1,500

37

*3%

Liggett & Myers Tobacco com—25
Lily

14%

71

253/8

213/8

Libbey Owens Ford Glass
Libby McNeill & Libby
Life Savers Corp

7%

143/4

71

49'/4

25%

No par

9% Feb

15%

X60

Lerner Stores

15%

49

25%

4%

cumulative preferred___100

non-cum

2,100

49

25

147

EXCHANGE

*701/4

7%

1

non-cum

13,100

48%

25%

21%

Lehman Corp (The)
Lehn & Fink Products

Mar 31

62% May 10

£

STOCK

148

*531/2

t

'•

48%

25%

36%

^ V*'

,V"'''

573/4

*33/4

Tire

Lehigh Valley RR1
Lehigh Valley Coal

Jan

58%

58

215/8

Lehigh Coal & Navigation Co
Lehigh Portland Cement

6% Jan

5

170

Apr

21

61'/a Mar

373/4 July

723/4

Jan

93/a Apr

83/4 Mar

Jun

20

21% Mar 10

Dec

34%

20

54

Dec

11%

Apr

4% Apr

Sep

44%

15

146 3/8

*961/2

(James) & Sons Co common__3

3.85%

146

29%

4

&

Shares

573/e

58

573/4

No par

Co

Rubber

the Week

share

75 Pesos Mex

pfd

(The)

preferred

19%

98

No par

_

7% Jan

9

t

_lo

June 2
$ per

48%

*143/4

No par

■»

43/4 Jan

37

'•

_10

Co

& Co

223/4 Feb

19

v

100

11

La

1

jfar

-

Kroger Co (The)

Laclede

146

■

common

Sales for

Friday
*•',

June 1

$ per share
*

No

common

$5 prior preferred

Apr 25

65% Mar 20

com

2nd preferred

conv

20% Mar 21

22%

'

Jun

43

9

Dec

Jun

Jan

28 »/4 May 19

Jan

3%

Jan

4%

6

62 J/2

Jan

17%

71% Feb

43

.

Feb

43

€9 J/4 May 12

98

Jun

14% Jun

Dec

31%

'

Dec

72%

Jun

62

20

■

.

$ per share

$ per share

40

Thursday

Wednesday

Tuesday

39

2

23

(2315)

383/4

70

70%

270

500

4,900
110

18 3/4

18s/B

185/e

100

31%

313/4

31%

2,800

-

24

The Commercial and Financial Chronicle

(2316)

YORK

NEW
Range for Previous
Highest

$ per share

38%

$ per

Jun

7'/a

54%

Jun

3'A

Jun

6

Lowest

{ per

share

9% Jan

Oct

3

Jan

4% Jan

3

64'A May 23
12% May 22

6% May

3

21% Jan

3% Aug

LDW AND

STOCK

YORK

2

30% Apr

Mission

Corp

Mission

Development Co

28%

10

10% Mar 20

JMissourl

35

Jan

30

Apr

4

37% May 19

Mohawk

12%

Dec

11% Jan

13

15% Jun

21%

Jan

26%

Nov

24% Jan

13

29% May 23

Monarch

45%

Jan

Deo

54% Jan

13

68'/a May

1

Monsanto

Dec

112% Jan

4

120% May
13% Feb

5

57%

Jun

10

113

Jan

14%

12% May 18

Deo

i

Pac RR

$4

7%

7%

7%

36%
X13%

No par
_5

•28%

29%

120

com

61% Jun

1

«

Moore-McCormick

18

37% May 24
25% Jun
1

13%

Dec

Jun

23

Jan

14

Jun

26%

Deo

17% May 26
23% Jan
3

16%

Jun

27%

Dec

26% Jan

15%

Jun

23%

Dec

21 % Jan

11%

Jun

17 %

Jan

13% Mar 25

17% Jan

x9'A

Jun

14%

Jan

12% Jan

19

9

Dec

38%

11

Oct

10

Dec

112% Mar

Jun

3

13

9% Feb

2

48% May 22
110% Jan

3

Apr 22

4
7

Mar 17

Dec

15

Jan

13

20% May

Oet

36% Jan

13

46% May 26
49% Jun
2

8

11 %

2.700

5%

5%

5%

6,900

28%

27%

27%

7.8C0

DECORATION

7%

7%

7%

7%

7%

36%

36%

36%

36%

36%

700

15
29%

14%

15

14%

15%

12,200

29

29

*29

66%

67%

29

1,200

29

600

63%

67%

120%

120%

12%

12%

12%

12%

12%

12%

12%

12%

1,300

23%

22%

23

23

23'/a

23

23%

22%

23 %

5,500

61%

60%

60%

61 %

61%

61%

x60%

13%

13%

Xl3%

13 %

13%

13%

13%

13%

13%

18 %

•18

18%

18

18

18

18

67%
120

♦18

DAY

320

61%
•

13%

*18

18%

67
119

120

:

67%

671/s

119

*118%

67%

61

500

12,600

.

3,900
300

42%

42%

43%

43%

46%

46%

47%

46%

48%

36%

Corp

5,000

120

42%

36%

36%

36V4

36%

36%

36

36%

36

36%

25%

25%

25%

I

'

23,000
1,700

•24%

25

25

25 %

25 %

25%

Co

•15%

16%

16

16%

16

16 'A

16

16'A

16

16%

4,900

Mfg Corp
Munsingwear Inc

18%

18%

18%

18%

18%

18%

18%

18%

18%

18%

4,900

10%

1,200

Motor Wheel

Corp.

Mullins

52% Mar

11%

5%
27%

6

28%

60%

5

No par
3

Products

Mueller

?9

July

Motor

7

10% May
113

Lines

(John) & Co

11%

Shares

V 6,200

59%

23

No par

Motorola Inc—

May 24

15%

30% Mar
41

Jan

50%

Feb

108%

3

52

Morrell

11%

12

58%

12%

67%

Montgomery Ward & Co—.—No par

15% Peb

20% Jan

Mar

Jan

Jun

(The)

59

58%

59

7%

CLOSED

29

-

share

Sales for
the Week

12%

5

Co

29

June 2
S per share

Hi/a

14%

■

Friday

June 1

$ per share

*36%

EXCHANGE

36%

13%

53% Apr 18
13% iviay 31

5*9*%

10%

5%

7%

36%

23% May 11

16%

11%

28%

STOCK

28%

13%

21% Mar 31

47%

58%.

6

28%

No par

Co

Utilities

Sper share

12%

5%

6

•36%

pfd series B

Montana Power Co

12

12%
28%

Thursday

May 31
$ per

58%

—20

conv

Tool-

Chemical

conv

Montana-Dakota

57%

.—1.25

5%

Carpet Mills
Mojud Hosiery Co Inc
Machine

% per share

57%

5%

—100
pfd_100

Jun

103 7/a

12%

5
No par

Jun

2

57%

com—

9

4 % Feb

May 30

preferred series A_

7%

Wednesday

Tuesday

May 29

$ per share

10

.

Mo-Kan-Texas RR

4

25

5% Aug

Monday

May 27
Par

Monday, June 5, 1S50

.

HIGH BALE PRICES

Saturday

EXCHANGE

$ per share

share

25% Mar

'

NEW

Highest

46% Jan 25

Jan

10%

Jun

15%

.

.

RECORD

STOCKS

Rangt Since Jan. X

Year 1949
Lowest

STOCK

.

Brass

10%

4%

10%

10%

10%

48%
111%

20%

20%

20%

20'A

46%

*46%

471/8

46V2

45%

*451/4

45%

45%

21%

21%

10

20%

20%

20%

20%

50

46%

46'A

46%

45%

•451/4

43

Jan

13

Dec

16% Mar

f

22

May 20

Nash-Kelvlnator Corp

21%

21%

44

May

3

Nashville Chatt Si

100

39%

40 YB

40

40

40

National Acme Co

1

*26%

27

26%

27%

27

National

Airlines

1

8%

8%

8%

Automotive Fibres

•45

No par

1,400
80

20

2OV4

11,000

46%

46

46

45%

49

49%

21%

20%

21

41%

40%

41

27%

27%

27%

1,400

8%

8%

8%

8 »A

3,500

22%

27%

Bros

&

49

111%

X20%

41

27% May 22
9% May 5

E)

1,100

41%

Jan

(F

10%

49%
111%

111

51

Myers

10'A

48%
111%

1111/4

50

10%

49%
111%

*111%

49%

49%

111%

•49%

preferred

10i/4

10%

49%

111%

Murphy Co (G C) common
4%% preferred
Murray Corp of America com

251/4

22%

22%

22%

8,200

14%

1,600

1,000
700

N
10%

Jun

17%

22

Jun

321/2

Dec

32

Jan

3

17%

Jun

24%

Dec

23

Jan

13

5

Jan

9'A

Apr
Dec

7% Jan

3

16% Jan

9%

Jun

May 27

National

10%

Jun

13%

Dec

12

Jan

13

16 % Apr 27

National

28

Jun

41

Aug

36

Feb

24

45% May

30%

National Battery

Jan

40%

Dec

170% Mar

185%

Sep

4%

Jun

30%

Jun

5%

18

Jun

35% Apr 20
181% Feb
9

7% Mar

36%

Nov

8%

6% Mar 29

Aug

9%

13

327/a Feb

23

23

2

39% Jan 17
186

Jan

7%

8% Apr 29
39% Mar 23

Can

National

Cash

8%

22%

23

21%

8%

8%

22%

22%

*27

22%

17,800
460

5

14%

14%

14%

14%

14%

14%

*44%

45%

44%

44%

*45

45%

*44%

45%

*44

45%

100

10

common

*14%

—4

Corp

Co

preferred

National

22%

Inc—l

21%

37%

37%

37%

37%

37

37%

37%

37%

x37

37%

8,100

100

Aviation

National Biscuit Co

9

5
Louis

St

*185%

195 V*

*185

185%

185%

185%

*7%

10

186

185

8

14%

7%

7%

7%

36 Yb

36%

36%

185%

185V4

90
'

7%

36%

7%

14%

Corp
Register

No par

National City Lines Inc

1

National Container

1

8 Yb

8%

8%

8%

8%

8%

1

11%

11%

11%

11%

12

12%

11%

12

12

12%

5,200

36

36%

*36

7%

7%

37

37

8

800

37%

4,600

8%

7,100

8% Jan

4

5

Jun

Jan

7% Jan

3

8% Jan 28

9 %

Jun

12

Jan

10% Jan

3

12% Jan 17

National

27%

Feb

39%

Dec

27

44% May 15

No par

43%

43%

43

43%

43%

44%

13%

43 %

44%

Feb

43%

43%

17% Aug

6,100

14% Mar 30

S

15%

15%

15%

15%

15%

15

15%

Jun

5

*15%

17%

National Dairy Products
National Department Stores

15'A

15%

3,000

22%

21

24% Jan

7

National

22%

22%

22 Yb

22%

22%

22%

22

Jun

No par

22%

7%
xll%

22%

24,700

14%

Feb

Feb

20

11Yb Jan

13

Jun

19%
95%

Dec

17% Jan

13

Dec

94% Jan

11

22% May 31
101'A Jun
2

38%

Dec

35

Jan

10

46% May 31

180% Jan

3

185

156

86% May
25% Apr

169%

Jan

135

Jan

5% Mar
14

183

Jun

x%

Sep

152%
7%
19%

Jun

it

19% Jan

Dec

26

Dec

38

% May

9

X150

5

Jan

11

7% Jan

Deo

Dec

Jan

4

Jan

25

Jan

% Feb
23% Jan

13

18

35% Mar 31

21%

Feb

15%

28%

Dec

26

Mar 22

Dec

19% May

15% Apr

Dec

X80

86

Jan

71%

Apr

4

27

Peb

15

18 Vs Jan

Jun

Nat'l

H Jan

4

25% Mar 24
39 Vb

May 25
28% May 12
18% May 20
82% Feo

Co

Cylinder

Gas

Distillers

Co

Prod

Co com

Corp

Natl Malleable

& Steel Cast

Natl

Lt

Jan

Jo 1/2

Dec

36% Jan

13

40% Mar 23

Jun

12%

Apr

11% Jan

5

12% Feb 28

NatT Vulcanized

13%

NOV

9% Jun

2

11% Jan

Natomas

Jun

3

Range Since Jan. 1

Highest

Lowest
.

$ per share

t

*

$ per share

9%

Jan

13% Mar

10

12%

Jun

14%

14% Jan

Jan

104%

Deo

39%

Nov

93%

Jan

102 >/4

Jan

xll%

NEW

102%

Dec

67%

Dec

Oct

185

*153%

154%

*153'A

155%

*153%

154%

*153%

154%

*153%

154%

9%

9%

9%

9%

9%

9%

9%

9%

9%

9%

3,100

21%

22%

22%

22%

X22 %

22%

3,200

*21%

28%

28%

—100

*75

10

37%

.__1

Fibre Co

*11%

No par

10

STOCK

YORK

Mar 30

Par

Nehl

17% Feb

10

Neisner

102% Mar 10

104% Feb

10

4 3A %

37

Jun

1

100

Apr

13

10% Jan

3

101% May 17

40

Jan

9

105% Feb

16

13 Yb Mar 23
103

Apr 13

Corp
preferred

Newberry Co

(J

J)

58

12%

l

11% Jan

3

15

4

3

111

May

2

N

Apr 26

145

Jan

10

4

18% Feb

9

N

28% Mar 29

34% Jan

6

New

York

New

98
132

Jun

14%

Jan

13 % Jan

Jun

30

Dec'

48

Feb

Dec

56

Jan

26

Mar

220

Apr

63% Jan

Feb

21

7% Jan

Jan

3

10 Yb Feb

4

36

Jun

33%

Jan

30% Jan

Feb

19%

Apr

17 % Mar 21

Mar

27

N

Y

Air

York

Brake

27

Jan

9

21% Jan

23

95

26

Apr 24

28% Apr
106

FCb

24% Mar

Central

15

9

9%

9%

9%

9%

9%

2,200

9%

.

68

27%

27%

*28%

No par

*15%

15%

York

No par

*31

32%

Dock

common

New Haven

Preferred

&

—No par

*62

50

Hart

*220

RR Co_100

•31

62%

62%

*220

240

series

Elec &

32%

33 Yb

33 %

1

*17%

18

17%

27%

27%

27%

preferred

100

—

97

A

No par

97

23%

Niagara Mhk Pwr Corp com_Nopar

23%

*96

28

Jan

13

44% Jun

2

53% Mar

26% Jan

6

28

20% July
11% Jan

18% Jan

16

10% Jan

13

75% July

85

Feb

78% Jan

5

31

36% Apr
Peb

12
6
27

Nopco

Chemical

Co

North

American

16% May

North

American

1

88% May 18

Co

Central

"

Jan

39%

Dec

11%

34% Apr 26

39% Feb 23

Northern

Jun

Dec

17

22% Apr

Northern

Pacific

10

Gas

11%

Dec

10% Jan

3

13

95%

Dec

93% Feb

2

97% May 10

109% Mar 24
13

Jan

5

2

21% Feb

18

20%
36%

Dec

23% Jan

4

32% Mar 28

4%

Jan

14%

Oct

1% Apr 18
13% Mar 29

16% Jan 17

3% Jan

13

Northwest
4.6%

200

13%

33,500

13%
135%

135%

700

17%

18%

7,200

17'A
*31

321/4

62%

62%

*220

17%
321/4

103

300

32'A

63

*62

63

240

*220

240

110

8'A

8%

1,900

32%

32%

1,400

17%

17%

400

271/2

27%

27%

7,700

8%

8%

*31

8%
32%
18 %

27%

27%

27%

27%

.

110

97%

*96%

97%

97

97

23%

231/4

.23 %

23%

23%

20,500

28%

281/4

6,600

28V4

90

44

13%

13 Yb
35

35

45%

*88%

46

27

*26%

97

27%

28%

28%

90

*88'A

90

97

*97

97%

*101%

44%

44%

4 4 Vs

13%

13%

13%

34%

102

102%

102

27%

*88%
97%
102

43%
,

43%

43%

13%

13%

13%

90

100

97%

400
60

1021/4
44

14%

1,400
6,800

341/2

34

33'A

33%

1,700

45%

46%

45%

46

44%

45%

13,600

*26%

26%

26%

26%

26%

26%

27%

1,000

35

21

21

20%

21

20%

21 »/8

20%

21

20%

20%

13,000

15

15 Va

15

15%

15

15%

14%

15

14%

14%

17,300

*87

87%

*87

871/4

871/4

87 y4

871/4

35%

35%

351/4

35%

35%

35%

35'A

35'%

5,900

21%

20%

21 Yb

20%

21

20%

21 y8

20%

20%

14,900

11%

17,400

11%

11%

11%

11%

11%

11%

961/4

96%

*96%

*107%

107%

107%

107%

9%

9%

9%

9Va

91/4

16%

16%

16 y4

16%

16 y8

16%

29

29 %

28%

29

29

96%

96%
108 'A

107%

10

9%

9%

9%

*16%

16%

50

29%

29%

No par

1%

1%

1%

1%

14%

14 Yb

14 y.

Northwestern Telegraph
tNorwalk Tire & Rubber

Pharmacal

Co

11%

107%

common

*14"

2.50

:

60

87

35%

25

Inc

*87

87

35%
21

'107%

preferred

Norwich

2,500

28%

*101%

32%

No par
No par

Airlines

13%

*17%

44%

45%

lo

$4.80 preferred

1

27%

28%

103

17%

102

35'A

100

$3.60 preferred

106% Apr 27

Mar 22

40

27%

135

33%

13%

Northern States Pwr Co (Minn)—
Common
No par

Feb

3,200

50

Co

Ry

Apr

1,200

13%
75J/2

1

Ry Co

Natural

19 %

67%

10

Aviation

Northern

12%
*74

135

17%

240

67%

150

*101

17%

102

45%

13%

13%
103

132%

17%

102%

35

29

*62

97

*26%

27%

33%

44%

4

27%
*28%

29

*8%
32%

97

25

Western Ry com
Adjustment preferred

21% Feb 24

98

25

Norfolk &

6,000

23%

1

Jan

20

12%
102

*96%

2.50

Dec

102%

12%
102

97i/2

'101%

Industries

*102%

102

23%

100

Noma Electric Corp

27%

700

40O

37%

23%

preferred

Noblitt-Sparks

74

3,000

106

37%

13%

74

10%
16%

*105

68'A

13%

Shares

10%

16%

12%

68

*220

Gas Corp—

new

102%

74

*31

62%

100

A

Shipbldg Corp partic stock
State

12%

14

17 Ye

240

No par

5%

Y

*102%

12%

68

13%

8%

Y

102%

Sales for

the Week

$ per share

37

*101

103

32%

8%

37

37%

Xl32%

17%

8%

106

102

*28%

13%

8%

N

Common

16%

*105

27%

29

City Omnibus Corp_

13%

13%

106

74

104 %

13%

3.90%

Jan

$ per share

13%

DAY

134

com

103% Mar 20

28 %

June 2

68

27%

28%

28%

59%

12%

DECORATION

68%

104%

Co

series A—

Friday

June J

102

14

*88%

30

CLOSED

73%

89%

Jun

•1021/s

12%

13%

28%

Sep

*37

EXCHANGE

102'A

73%

89%

May 19

STOCK

102

134

$3.75

Thursday

$ per share

share

*105

37%

14

28%

14% May 15

Jun

68

*96%

46

$ per

106

75

100

3

16

12%
♦101

100

4

Jun

102%

12%

preferred

9% Jan

9 ye

102%
102

preferred

25% Jan

Oct

37%

38

3.60%

Jan

3

*105

106

3.40%

Deo

Jan

$ per share

2

97% Jun

14

-

X9%

135

Mar 29

91

12

19

5

27%

Dec

900

106

Class

Mar

1% May
11% Mar

1,100

11%

*104 %

31

12

98% Jan

30%

33%

11%

*133%

Jan

93% Jan

Oct

37%

11*%

100

St Louis

&

preferred

29

86% Jan

Jun

38

11%

No par
100

Chic

N

26% Apr

14

No par

$5 non-cum preferred
Y & Harlem RR Co

N Y

4

20% Apr. 12

Y

6%

18

246% Apr 19

67%

1

common

preferred

28%

Dec

Jan

102

27%

New

Dec

20%

13%

37%

12

May 31

Newport News Ship & Dry Dock—1

102%

12

38

11%
9%

Wednesday

*73%

142

109% Mar

37%

11%

May 30

100

Jun

Jun

37%

*11%

Tuesday

"102

preferred,
England Elec System

4 V4 %

Jun

10

Sep

*37%

12

Sper share

New

30% May 20
30% Feb
4

7

170

37%

May 29

.—100

3%%
New

26 % Mar 29

8%

76%

10%

*37

25% Mar 31

84

18

76%

Monday

No par

com

Jan

107%

17%

76

*104 %

Jan

Jun

18

76

16%

Apr

8%

17%

75%

10%

13%

Jan

18

75%

16%

33 %

15%

17%

*10%

Jun

26

18

75%

10%

Jun

47%

17%
75%

16%

9%

21%

300

9,800

18

10%

24%

Jun

28

16%

Newport Industries

6%

28%

27%

10%

May 31

16% May

400

16,500

16%

May 15

Nov

*28

28 %

38

10%

68% May 23

96%

*28

37%

16%

14 Ya

Jan

28%

2,100

37%

IO1/4

74

86

37%

25

16%

6

15%

38%

*24%

10'A

15

21

37%

40

%

1/2

25

*16%

Apr

9%

*28%

24%

185

22%

%

25

1

common—

11% Feb

61

22%

%

25

38%

38

45%
185

100

Inc

66% Mar 14

250

%

46%

1

Bros

Jan

Dec

%

46

25

May 27

Dec

Jun

%

%
*24 V2

Satnrday

72%

5%

l'g
25

46

75%

17%

10

com

14%

205

22

No par

35

56

6,400

*183%

Apr

117 Yb

120

46%

185

Jun

Feb

101 %

*183%

23%

9%

2,200
11,400

100%

101

46

65

Jun

*100

185

Jersey Pr & Lt Co 4% pfd—100
Newmont
Mining
Corp
—10

42

9%
22%

45%

EXCHANGE

Highest

12% Feb 28

Dec

Mar

8%
94

9%
22%

*183%

38%

$ per share

13

Deo

Mar

29

9%

185

38%

r

X101%

3,000

22%

*9

22%

46%

8'A

STOCKS

Year 1949

Lowest
$ per share

100

100

8%

45%

—10

Co

Range for Previous

45%

101

8%

8%

*183%

i'a

National Tea Co

9%
9%

*100

100

*24%

preferred

21%

9%
22%

No par

Supply (The) Pa

4% %

9 Yb

22%

-No par

Sugar Ref Co

National

9%

22%

100

No par

ex-dist

National Shares Corp
National Steel Corp new
National

9%
22 %

8%

1

—

Service

&

9%
22%

8%

10

preferred B

Power

8%

100

common

6%

8%

100

Co

preferred A

National Linen

22%

X8%

9

*9'/a

No par

7%

8%

8%

22%

l

$4.5o preferred
National Lead

2

8%

Enameling Si Stamping—12.5o

National Gypsum

2

Apr 14
9% May 31
22% May 20

25

Dec

10

96

96%

96
;

V

.

11%

11%
961/4

•

108

9%
16

500

97

90

108

9'A
16'A

7,300
3,600
*•;

730

29'A

*28%

23%

1%

1%

1%

1%

1%

1%

5,800

14%

'

14%

*141/8

14%

*14iA

14%

300

34%

10,100

O
27%

Jan

33

May

99%

Jan

110

Dec

107% Mar 24'

99% Jun

2

Jan

97% May 16
26% Feb 14

36% Jun

2

Ohio

20

Jan

9

Oklahoma Gas &

27% Jan

lo

31% Jan

13

23% May
17% Jan

33%
19%

Dec

19% Feb

14

20

Jun

37%

.'«n

Nov

21 Vs Apr

26

99

91

35% May 17
112% Mar 9

Jan

91% Jun

29

100

6%

Feb

Peb 21

10%

Dec

10% Jan

3

79 A

15

July

96%

Dec

3

104

Apr 21
May 29

95

Jan

18% Aug

22%

Jan

20% Jan

20

28

40%

23% Apr

Dec

37% Feb

17

41

105

Jun
Nov

11%

Jun

64% July
49% Jan
For

108

Dec

105% Mar 24
14% Mar 22

16%

Dec

79

Jan

74

64%

Dec

X61

footnote*

pege




28

May

1

Apr 26

Jan

108% Peb

18% Apr
82

Jan

11

Ohio Edison Co
4.40%

4%%

Corp

Elec 4%

35%
*19%

pfd

Oppenheim

preferred

Collins-.

$4 preferred
Outboard Marine

Elevator

Outlet

20
1

common

convertible

3

73% May 19

98%

100

Omnibus Corp (The) common
8%
convertible preferred A
Otis

4

109%

98%

No par

Co

7

14

34%
*109%

100

preferred

Oil

Oliver

8

100

common

preferred

3.90%

Mfg

Owens-Illinois Glass Co

2.50
.No par

12.50

109%

99%

99%

36

35%

36%

20

*19%

20

34%

34%

34%

34%

34%

109%
r.

109V2

109%

109%

*98%

99%

*98%

99%

99%

99%

80

36%

36%

36%

36%

36%

12,700

20

20

20

-

36

*19%

20

*19%

109%

109%

240

100

23%

23%

23%

23

23%

x22%

22%

22%

22%

92

92

91%

92

91%

91%

91 %

92%

92%

92%

240

12%

12%

12%

13 Yb

13%

13 y4

13%

13%

13%

8,300

101 %

101%

102

104

102

23

*23

104

103

103

*21%

•

22 y4

22 Ya

23%

*22 y4

39%

39%

•39%

39%

39%

39%

39%

40

*106%

-

62.50
&

Co

34%

109%

12 Yb

100

No par

x34V2
'

23%
-

5
10

common

35

*106%

107 y4

*106V2

107

107'A

♦106%

107 y4

*15%

15%

*15%

15%

*73

75

*73

75

*73

71

71

70%

70%

70%

15%

15%
75

71%

15%
*73

70%

23%

*103
*23

39%

104

4,100

140

23%

600

40%

8,900

107

70

15%

*15%

16

400

75

*73

77

71%

107

69%

70%

3,200

Number 4913

Volume 171

..

(2317)

The Commercial and Financial Chronicle

.

NEW
Range Since Jan. 1

Tear 1949

Sper share

$ per

I per share

Jan

,

71'

Apr

,

51% May

*

12 t

29

29

Aug

"

40

Jan

Pacific

May 26

■

Amer

Co

34% Jan

Apr 11.
20% Jan 29

23

.1st
"

12

Feb

'

Jan

34

Sep

31% Mar 21

34% Jan

Jun

54

Jan

52

55% Mar 10

27%

Jun

89

Feb
Jan

148

2%

Jun

29 V*

Jan

148% Jan ? S

Jun

44

Oct '

3%

Jun

4%
10%

Jan

Jan

12

Jim

22

Oct

36

Dec

38%

Dec

95%

Jun

104%

Dec

5%

Jun

15% Jun
101

Dec

Apr

8% Jan

13

Mar

Panhandle

Deo

15% Feb

25

21

Jan

0

Jan :

97% Mar

8

104

Feb

25

Oct

22 %

Dec

17% Feb

Aug

47% Oct
Feb

46% Jan

11

2% May

Petrol Ac

Prod

A

convertible

Park

9

Utah

Consolidated

Dec

34% Jan

16

42 % Jun

Dec

28 V* Apr

24

30% Feb

15

Parker

Jan

7% May

2

9% Jan

20

9

Nov

14%

Jan

9 V* Jan

4

11% May 11

Parmelee Transportation
Patlno Mines Ac Enterprises

JaD

5% Apr

17

7% May 25

15% Apr

8
12

18% May 31

Dec

19%

Jan

Jan

37%

Dec

34% Jan

Jan

57

Dec

53% Apr

7%

Jun

17%

Feb

26%

Dec

23% Apr

23%

Jun

35

Dec

31

Jun

111

106

16%

Jun

13% Nov
32

Jun

104

Mar

29

jan

96%

Feb

10% Feb

Mar:

22%

Dec

17% Jan
45%

Nov

113% Nov
37%

Dec

Feb

10

7

109

0

6

8

~7%

May

x8

Nov

21v

Dec

5

13~

Dec

12

Apr

Mar

35

Dec

Jan

108

Dec

102

9%

Jun

13% Nov

127% Apr 20

139

May 31

14% Apr

Feb

14

8% Jan

3

11

37% Feb

May 26

32

104% May

17

Jan

37% Dec

36

40%

Jun

57% Dec

51% Jan

107

5

47"% Apr

3

Jan

36%

Jun

53%

x48% Mar

Jan
Oct-

58

90% Mar

108

Dec

20%

Jan

24%

23 %

Jun

26% May

Nov

Apr

117

Sep

98

Jan

104%

Dec

105

Apr

110% Sep

110%

22

24% Apr 22
75% May
1

44% Mar 27

51% May 20

.

Jan

5

Jan

56

105

5

<

60% Apr

,

Phlla

Jan

3

27% May 26

24% Jan

7

26% Mar 17

Apr
6
103% Apr 11

<116% Mar 23

24

114

106% Apr

106

'•*

24

t per

share

$ per

share

$ per

share

19%

Jan

11% Apr

18

14% Feb

Electric

22%

Jun

40%

Jan

32% Jan

3

54 % Apr

3

79% Nov

88%

Feb

84% Jan

4

37%

55%

Dec

50% Jan

13

57% Mar 17

3/a May 23

% May 29

10~5~

Dec

103

14

Dec

14

Jan

3

17% Feb

Dec

93

May 20

94% Jan

4

Jun

64

Apr

57% Jan 2?

68% Jun

2

7%

Sep

11

Mar

9% Mar 31

16% Apr

Feb

87% Aug

26

Jun

100% Jan
Dec

94
11

Jan

32% Aug
105%

Apr

100%

Jun

14% Mar

30% Apr 20
103
97

Feb
Feb

105% Jun

17

106

3

13% Jan

Mar 17

79

Jun

88

Dec

86

24%

Jun

32

Jan

24 V* Apr

24

10%

Jun

15% Jan

13

16%

Jan

34% Mar 23

14

1

May 27

16ys Mar

1

12

Jan

155

Nov

148

Mar

1

155

Jun

170

Jan

163

Mar 22

169

'May 16

Dec

35% Jan 13

28%

Jun

6%

Jun

8%

Jan

7

7%

Jun

15%

Jan

9% Jan

3

Feb

8

135

Apr

175

May

150

Mar 30

25%

26

32

32

32

Co

3

Jan

4

66

3

27% Jan

20% May

convertible

gtd

7#

5%

10

50

No

No par
—1

100
10
_No par

class B
preferred class A—
preferred

Feb

12% Nov

10% May

Feb

60%

Apr

38% Feb

14

49

May 29

Plymouth

Mar

443/4

Sep

38% Jan

16

48

Mar 15

Pond Creek Pocahonta«_

Jun

13%

Oct

12% Mar 28

Apr

15%

Nov

14% May 17

8%

Jan

7Ve Mar 23

Oct

28% Mar 22
56

5

Mar 22

Dec

Jun

29%

105%
37

67 y2 Apr

12
6

24

24

Mar 10

14

Apr

28
89% Apr
3

123

Apr

26y2Feb

8

5

30ya Feb

3

107% Mar

33% Jan'

3

39 y4 Apr

26% Feb 27
3
107% Jan

109% Jan

10

Jail

3

34% Jam

30

18% Jaa

«

23% May 22

15%

Jun

20% Jaa

109

30

2

5

—

■

-

Pub Serv El At Gas com

11.40
4.08%
Pullman

-

100
100
No par

preference com—No par
preferred.
100
Inc
No par

dlv

10%

10%

10%

32

323/4

♦32 3/8

105V4

•104%

106%

143/B

14%

14%

13%
13%
43 %
43%
*93%
947/«
52%
52%
U
*103
104
1/256 1/256
*15%
16%
*93%
94%
67%
67%
*13%
15
*32
32%
*104% 106
106
106
15
15
*92'/2
95
28%,
28%

17
*151 %
*167
39

*41

1,480

2,5u0

128%

128

♦12

4

26,800
100

13

10%

10%

32%

32%

♦104%

106%,:

31,500
700

30

106

14%

14%

143/4

3,500

44

1,400

43%

43%

43%

43%

22

22

22

22

21%

22

74%

743/4

74%

74%

74 3/a

74%

50%

"

500

35%

51 y8

50%

503/4

50%

503/4

43 y4

'

1,300
3,900

9,100
'

59

59%

59%

59

59

'59%

',580

59%

♦109%

109 %

190

x27%

27%

27 Va

27%

27

27%

26%

27%

15.100

x253/4

25%

25%

25%

25%

253/8

25%

253/4

•800

116 y8

116/4

*108%

110

109%

110

•109

110

106

109%

116

106

•106

107 y2

•108

1153/4

106

116
106

115

*108

13%

15V*

'

9 Va
*31'/2
65%
15%

15V*

9'/*

32
65%

15%

83'%
28
29 Va
*120%
*87%
25
29
107%
36%

25>/s
29'/*
107%
36%
109
30%

No par
100

34%
*108%
20

Quaker Stats Oil Refining Corp_19

*22 %

common

Monday
May 29
$ per share

13%
43%
*93%
52%
%
*103

83'/2

28
29'/a
121 %
88

34%

23

13%
44%
94%
53%
%
103 %
1/256
16%
94%
677/a
14%

1/256
*15%
*93%
67%
*13%
*32
32%
*105
106
*106
147%
*92'%
28 V2

112

15V4

109

•108

109

Tuesday
May 30
$ per share

,

116

116 *
*106

120
600

107

*108

£

109

,'■

May 31
$ per

—

83
83'%
*65Va
66
21%
21%
*140
145%
23
23%
*10%
10%
47%
49

ft

46%
94%

•93%

52%

53'/b

%

day

123/4

13

45

46%

*93%

95
52 %

52

ii

\i

103%

*103

103%

103%

1/256

the Week
Shares

>,100
24,900
110

95
52 3/a

52

35,700

\h

133,200

U

%

1/256

closed

decoration

"•

share

46%

45%

93%

stock

$ per

13

44%

exchange

June 2

June 1

13

13

13

%

$ per share

share

Sales for

Friday

Thursday

Wednesday

103%

*103

200

1/253

177,800

1/256 1/256

1/256

*15%

16%

♦16

*16

16 y*

*93 Va

94%

♦93'/4

16y2
94%

*93 V*

67%

681/a

65%
68%

*13%

68%
14%

*13 Va

32 y4

32%

32%

67%

*105

112

15

'

28V*

♦106

67%

15

*13%
*32 %

33

105%
,

*105
*106

*91

94 V*

93

93

28%

28i/4

28%

16%

16%

16%

151 Va

♦1481/4

155

*148'/4

169

♦167

169

*167

8%
15

39%

39 V*

8%

8%

147/a

15%

28%

2.800

16%

500

39%

8,900

8%

44,600

15 Va

6,600

8%

8%

14%

15V4

10

155
169

39%

39%

3,100
60

93

273/4

16%

20

15%

15

16%

39

10

112

151 Va
•167

300

106

112

14 %V 15%

15 V*

10,000

15

32%

105%

106

*106

*93

95

28Va
*16%
17
*151'/a 155
*167
169
38%
39%
7%
8%
14%
15
*136
150

150

*136

150

85

86

150

•138

33%

84

•84

85

•65 Va

66

*65%

66

*65 Va

653/4

21V*

*21

21%

*21

21 %

145%

♦141

145%

*141

•138

21V*
•140
22%

22%

23

*10%

10%

X47%

48 V*

47

10%
47%

41

40

41

41

10%

,

22

22%
*

.

680

200

145%

ii

22%

I,300

10%

10%

200

46 3/4

47%

5,700

41

♦40

300

*41

41%

*13
15%
9%
*31V2
65 Va
15%
*83>/2
27%
29 Va
120%
/ *87%
x24%
x28%
xl07
36%

13!/2

13 V*

13%

13%

13%

13%

13%

1,500

15%

15 V*

15%

15%

15%

15'%

153/a

8,300

9%

8,600

42

*13'/a

No par

conv

17
155

1G9
39

7%
7%
14'/2
147/b
*135
150
83
83'/2
*65Vb
66
*22
23
*140
145%
23%
23«/8
10%
10%
47%
47%

preferred

8%

4,300

10%

14%

59

46%

33

*104%

143/B

27,600

''/ 4

13

12%

10% '

5,900

16 3/8

35 y4

4

♦12

12%

13

33%

t per share

Purity Bakeries Corp

Pure Oil (The)

128%

'■'Zr 3%

4

105%

50%
59%
109
27%
27%
*26
26%
115% 115%
*105
106
*108
109%

No par
10

Electric Power Co

4.84% preferred
3%% preferred

9

Xl27%

132%

105%
14%

50%
59%

1

class B

Public Serv Co of Colo (new10
Public Serv Co of Indiana._No par

10

35% May 19

Co

Co

1
4%% conv preferred series A—50
Procter At Gamble
No par
Publlcker Industries Inc com——5
>4 75 cum preferred...
No par

28% May 31
30

-

Oil

1
5

Pressed Steel Car Co Inc com

17

31

At

Potomac

8

May 22

23
May
104% Feb

33% Oct
July
30% Dec

Jun

Jan

Poor

May 20

Dec

Jun

24%

16% Mar
10 V*

33

Inc

Plough

9

Apr

25%

107

14% Feb

85y2 Feb

86% Jan 26

Feb

Plttston Co (The)

10

17% Jan

118% Jan

Nov

12% Apr

4

Jan

26% Jan

30%

May 16
21

26% Feb

14% Mar 13
80

27% May 23

25%

145

34%

33%

109

Par

No par

8%

Xl03%

par

13
10%
33

Saturday
May 27

preferred

36%

13

20% Apr 21

343/4

10%

*12%

50%

com—No par

Feb

135% Jan

34%

132

50%

No par

preferred

Apr

Dec

133

74%

100

29

25%

132%

132%

21%

—

147

Jan

35

35

115%

34%

*34%

115%

30

27

115 V

114

116

114%

114%

•v

45%

46%

X46

46%

46

46

46

114%

43%

preferred

Jun

20%

16%
46

115

215/a

EXCHANGE

Dec

Feb

16 Va

400

108%

*1063/4

108 %

•1063/4

LOW AND HIGH SALE PRICES

Jun

90% Mar

16%

74

100
100
100

14%

22*

16%

43%

25

135%

Dec

16%

74%

No par

xl9%

Jun

16%

43
21%

May 25

Jan

14%

16%

16 S/8

74 V*

100
100
5%% 1st Ber conv prior pfd—100
Pittsburgh As West Virginia
100
Pittsburgh Young A Ash pfd
100

61

79%

26 3/a

*21%

5

2

71

32

27

1

100

8

Jan

Jun

263/4

No par

No par

Feb

Jan

Mar

27

108%

•106%

108%

*12%
10%
*31
105%
14%
43

100

Jun

71%

4%

26%

*34%
132%

150

88

12"%

27

16%

Pittsburgh Steel Co com

Nov

21

263/4

46

1

Nov

8"%

108%

27

•31

32

3%

Pittsburgh Plate Glass Co
Pittsburgh Screw & Bolt

87/a May 31

55

32

110

*114%

5

common

8,900

33

*31%

26%

100

preferred

263/4

32

32

♦108%

100

_

500

25%

25%

39

10

com

pfd

9%

*9

25%

lSVt'Jun

64%

Dec

25%

'

7%

40% May 18

86

25%

25 Va

25%

25%

•37

800

10

10

9

Pittsburgh Forgings Co
—1
Pitts Ft Wayne As Chic Ry com„100

Mar 21

156%

37%

8%

Pitts Consolidation Coal Co

177/b May 20

142

2,800

9%

preferred—.
preferred
*4.34 preferred

$5

900

59%

9ya

No par
50

Pitts Coke A Chem Co

3

Jun

29% Jan

93

37%

59%

9%

Nopal
100
No par
5
Pillsbury Mills Inc common
25
$4 preferred
No par
Pitts C C & St Louis RR—
100

24

1,700

373/a

593/4

59%

Preferred rights
Phillips Jones Corp com
5*
preferred
Phillips Petroleum
Phoenix Hosiery

6

95%

51%

10%
'

18%

-37%

18%

59%

4.44

4*

1/64 May 20

3,100

18%

—

12

Jan

106

9

Feb

1/256 May 22

73/a

18%

37%

Fhlla A Reading Coal A Iron
1
Phllco Corp common
3
3%* preferred series A
—100
phllip Morris Ac Co Ltd common—5
Rights
—

21

96% May

73/a
18%

59%

*9

2,200

7%

18%

9%

800

8%

7y4

37 ya

•9

29%

7%

10'/8

593/4

Co Inc

As

*29 %

K

8

7%

7%

7%

,

7,700

10 y8

37%

7

s

18

Jan

7%

2,600

73/4

•10

183/4

10

Co common

A;

Jun

93%

29%

73/8

400

2V&

42%

10 Va

*7%

10%

38%

2Va
413/4

2%

59%

NEW YORK STOCK

11%

Jan

30

STOCKS

Highest
$ per share

413/4

29%

7%

10%

7%

29%

41V*

30

7%

10

7%

33%c

(Chas)

Range Since Jan. 1
Lowest
Highest

Tear 1949
/

10

41%

41%

*29%

7%

issued"

"when

Range for Previous
Lowest

30

*7%

42

8.500

19%

38V*

383/4

2Va
41 %

37%

3.8*

>

41%

30

•38%

2y«

18 S/8

•1 conv preference 00m

May 29

110% Feb

18

series A

Phelps-Dodge Corp
Philadelphia Co 64
$6 preferred

10

41%

38%

2%

2%

100

19 Va

•

2,400

16%

*993/4

19 V*

•38%

39

2%

2%

17

100

19 y8

190

11,300

7%

7%
16%

16%

•993/4

19%

3,300

433/4
105

105

7%

19 ya

19 %

*383/8

39

1,000

59%

New

Pfizer

110% May 17

♦38%
V 2%

21%

21%
43%

17

•99%

100

17%

27,600

100

17

163/4

16%

*993/4

19%

20,600

9%

44

7%

.

1,900

,

3%

18%

preferred
Petroleum Corp of America
Pfelffer Brewing Co

25

21% May 29

17

100

19

7%

7%

7%

7%

7%

230

45%

9%

104%

104

750

2,200

3%

3%

21 %

43%

44%
104 y4

i

93/a

'

21 %

21%

104%

105

•

3%

33/4

9Vi

44

443/4

44

*104%

3%
9%

21 y4

20 3/4

*20

44%
105

46

45%

47%

3%

9y4

-

37%

4% 4

6

47' i ;

47%

47

r

5

Pet Milk

6

Jan

i- ■'

"i

45

59%

Pepsi-Cola Co

14% May 20

13

11% Jan

4

3%

18%

Peoria A Eastern Ry Co__

18

Mar

12

>'

*36%

Peoples Gas Light A Coke

Rights

3%

3Va

25

Peoples Drug Stores Inc

May 19

4

147%

3y8

17

5

Corp

Pennsylvania Salt Mfg Co

6

111

3%

20 %

*99%

Corp com—No par
100

1

3% May 31

137

Sand

6

36% Feb

110%

No par

As Coke

conv

4,700

111%

No par

preferred

3%4

32 3/a

3y.

7%

5

Light Co
Pennsylvania RR

May

31%
147%

•43%

No par

Penn Power As

123% May 17

31%
,

♦20

1

common

18% Mar

20

Feb

2,100

30%

1473/4

«.;<./

9%

2.50

50

2

41% Feb

6,800

53%

30%

3%

Penn-Dlxie Cement Co

54

34%

523/4

30 V*

DECORATION

146%

9%

Co

As Ford

Penn Glass

34%

53 Va

*21%
'

147%

3%

prior preferred

conv

Penn Coal

9

May

Coal Co

34%

52%

,i

iiiy4

9%

No par

Proof

Penney (J C) Co

27 V* May 24

16% Jun

34% May

6

34% Jan

Jan

110

24

28

3

21% Jan

107

6%
Penlck

Feb

9% Feb

26

Mar

Rust

Peabody

38 % Mar 17

61

25
V* Apr 29

7

Parke Davis At Co

22%

34%

53%

'

DAY

3%

300

22

147%

47

1.

34%

110%

3%

10
<f

21%

147 V*

3%

300

•••

21%

111

;

..

.

400

33

147%

3%

100
1

*32

110%

■9%

1

33

147 %

•46%

*104%

•32

HI

'3%

1

7%

2

•

147%

55%

111

1

Mines

29 "

42%

111

100
100
1
10

No par

38%

27%

30%

preferred

Jun

15

30%

Refining

x6

8

'30%

Transp—5

24% Jan
23% Mar

5% Aug

30%

~

*53

55%

22

53%

Pictures Corp
Park As Tilford Inc

8

2

1% Mar 21

53%

.

11%

*

*54

53 V.

CLOSED

34%

-

33

/

12%

*11

r»

Shares

34 y4

EXCHANGE

34%

*21%

53%

11%

54

*32

STOCK

22%

22%
34%

Paramount

28

38 V4 Jun

2%

44

•

34%

Airways Inc

Parafflne Cos Inc common

21% Apr

33

22%

Panhandle East Pipe L com—No par
44 preferred
100

8% May 18

1

17%

World

Pan-American
-

9

5% Feb

20%

Jun

Pan

49% Mar 20
107

6

Jan

*32

'

33

•

12%

11V*

'

y

54

56%

No par

Packard Motor Car
Amer

*54

share

*12%

•12%

11%

56%

,

J per

t per share

■

12%

•11%

No par

;

11

Feb

♦12%

12

♦53 %

—10

Pacific Telep Ss Teles com
6% preferred

21% May 31

17

34% Jan

Mills

12%

113/4

25

Corp

t per share

12%

No par

of Calif

Electric

A

28

4% Jan
11

3

.

18% Apr
104

37

1%

48 V* May 22

28

Jan

3% Mar 28

•32

Pacific Tin Consolidated Corp
Pacific Western Oil Corp

Apr

8%

104%

36

5

'

3% May 11

2% Jan

Gas

Pacific

.

111% May 23

Feb

Pacific

Pacific Lighting

10.

Jan

144

Jan

8

✓
11.,

101

Deo

4%

-

33

28% Apr

34% July
104% Deo '

135

Feb

•54

No par

non-cum

Pacific Finance Corp

4

Feb

50

No par

non-cum

2nd preferred

•

18

Nov

preferred

Sales for
the Week

.

12

12

Friday
June 2

WednesdayThursday
May 31
i
June 1 A

$ per share

J per share

>;

SALE TRICES

12%

*12%
10

common.

May 29

May 27

t per share

Fisheries

Coast

17

67% Jan

8

30%

21%

V

Tuesday
May 30

Monday

-.Saturday.,

Par

13% Jan' .3

3

Jan

10%
>

LOW AND HIGH

stock

exchange

r

.'Pacific

1

11% Apr
7% Jan

14 ~

Sep

;

t per share

share

7% Not
51

new york

•

Highest

Lowest

Highest-

11% Mar
I

RECORD

STOCK

stocks

Bute for Previous
Lowest-

YORK

25

;

34%

*108%
30'%

'22%

91/4

9%

9

32

31%

31%

31

31

65%

65%

66%

65%

66

65%

653/4

4,000

15%

15%

15%

15%

15%

15%

15%

1,500

83%

83 y2

83%

£3%

83%

83 %

83%

> 170

28 Va

28%

28%

281/4

28%

28 Va

28%

4,100

29%

293/s

29%

29%

6,500

121%

121 %

87%

87%

87 %

87%

243/4

25

28 3/a

28%

9%
32

9 V*
•31 Va

9%

-

29%

29 y8

29%

120%

120%

120%

88

87%

87 V2

24%

24%

25

24%

25

28%

28%

28%

28%

28%

121

-

107

36%
34%
109

30%

223/4

107

35%

107%
36 V*

107

107

100

6,300
870

353/4

.35 V*

35%

4,100

35

34%

34%

10,400

109

*108%

34%

35

34%

109

•108%

•22%

107

760

II,000

35%

►108%
30

107

:

122

300

30%

30

22%

22%

•30%

22%

109

30

30%

1,300

22%

22%

300

20%

88,100

1

R
9%

Jun

14%

jsn

12 v4 Jan

3

23% Apr

18

66%

Jun

74%

Jaa

73 V* Jan

13

79% Apr

19

x7

Jun

9%

Apr

7% May 24

9% Feb

3

103% Jan

10

92%

Jan

101%

Dec

Feb

3

23%

Jun

29%

Dec

27% Jan

3

21%

Jun

30%

Feb

100

33

May 22

x24% Jan

25

26 V*

Jun

34%

Feb

30% Jan

13

17%

Jun

23%

Jan

20% Apr 26

22% Apr

10

34% Nov

43

Jan

36

Jan

25

39% Feb

9

28 V*

36

Jan

31

Jan

13

34% Mar 22

Jun

For footnotes see page




28.

337/a May 20
34

May 23

I

America com—No par
No par
Radlo-Keith-Orpheum Corp
1
Ralston Purina Co 3%R pfd
100
Radio Corp of

33.50

1st preferred

Raybestos-Manhattan —
No par
Rayonler Inc common
1
32 preferred
25
Beading Co common
50
4*
non-cum 1st preferred
50
K% non-cum 2nd preferred
5o

19y2
76%
7'/2
*102

*31'/2
*32 V%.
*33 Va
21 Va
*36
*32%

19%
76%
7%
102%
32

32%
33%
21%
36%
33'/2

19%
77%
J%
*101

32
32%
*93/2
21%
36
*32%

20

20

20%

20%

203/4

20%

77%

78

78 V*

78

78

78

7%
102%

7%
♦102

7%
102%

7%
•102

7%

7%

1023/4

102%

73
.

7%

102%

1.600

7,900
110
400

32

32

32

32 V*

32 y4

32

32

32%

32%

32%

31%

32 3/a

31V*

31%

33%

♦33%

33%

34

34

34

34

21%

21%

21%

21%

20%

21%

36 3/a

36

36

400

323/4

200

36%
33 V*

•36

32%

36%
32%

21%
*36

32%

32%

*32%

4,100
400

1,500

The Commercial and Financial Chronicle

<

(2318)

26

NEW

YORK

STOCK

.

.

Monday, June 5, 1950

.

RECORD;

•

;

Range for Previous
Year 1949
Lowest

'

t per share

$ per

$ per share

For

13%
23%

Apr
Jan

10% Mar 11

14% Jun

2

Real

Silk

Nov

16% Apr

26

18

Jan

3

Reed

Jan

16%

Oct

12% Mar 30

16

Jan

7

9% Jan

11

8%

4% Jan
Jan

Jun

50

9%

Jan

6

Feb

9

3

11

Nov

58

Jan

Dec

11% Jan

13

Jan

,

17

20

92

10% Jan

13

5% Jan

25

16% Apr 25
10% May
1

4%

Dec

4

110

Jun

11% Feb
35% Jun

Jan

13

110% Apr
23% Jun

2

24% May 24
1
106% Jun

Jau

26

12% Apr

&

Oct

36% May 31

39% Jan

7

Sep

46% May 31

Jan

10

Aug

94% Jan

Jun

'50

42%

15% Jun
x3% Jun
15
Mar'

Dec

37% Feb

Jan

16

Feb

5%

4% Jan

Jan

21

3

12

May

12%

Dec

Jun

31

Dec

30% Jan

13

68%

Dec

60% Jan

13

85% May

105

96% Apr

Dec

13

{Jan

102

Mar 17

4

19% Nov

16% Jan

3

21% Dec

19% Apr

29

23

Feb

Apr

54% Mar 13

61

Sep

10

12% Apr

16% Jan

'* 33% Dec

29'A Jan

13

113% Feb

112'% Jan

7

109%

Apr

48% Jan
* 12'% Jan

35%-May
7% Jun
31

Jun

Jun

131'%

78

Jun

43V* Jan
123

100% Nov

July

May :,
; 13% Dec

j22% Jun

%

46% Jan
Jun

98

Nov v

108

*'■

Oct

78

Jun

91% Mar

94%

Jun

104% Oct

14 v

12% Jan

■\i

■

3

St

;

Jan

13% Jan

25

20

Controls

,

Haas

Co

Jan

91

Sep

86'% Jan

5

92

Mar

13%

Jun

213%

Dec

20

Jan

3

30

47%

Jun

preferred

series

Art Metal

Dec

60

Jan

3

70

19'%

Sep

19'% Jan

3

213% peb

36V* Feb
5% Jan

56

Dec

47 % Jan

25

Dec

10'A Jan

31

44'A Dec

41 Vb Feb

15

45% Jun

16%

Dec

155

Jan

3

11'%

9%

4%
/

Jun

Jun

6'%

Jan

5y4 Jan

3

6% Jun

11%

Dec

10'% Jan

3

101%

Feb

90'% Mar 13

77

Jun

'

23%

23%

473/4

46 VB

47

183/4

19

19

243/4

19%

19%

107

*105%

18'%

6%

9,300

24%

24'%

2,000

24%

25

24%

19%

193/h
48%

43%

823/4

82%

32%

*105%

107

17%

5,000

21 %

21%

2,600

60'%

■60%

10

*93A

34'A

33%

34'A

34

113%

113%

113%

114

413%

413/3

41'A

41'%

40%

41%

13'% *13%

13'%

13%

13

13'A

43

5

*89

20'%

,20%

32'%

32%

*91

93

98'%

No par
.100
—100

*108

•

32%
*97%

*92%

94

*108'%

109

5

*15

—-100

*91

—No par

100

pr

2

«*•.«.

"*

.15

*91

92

69%

u

20

77

X77

13%

*13%

7%

19%

133/4

13,200

98%

It

107

15

91%

«

92

;

14%

91%

40
,

50
140
40

15

2,200

92

*91

».

;

108

*107

15%

*91 '

700

92%
98%
108

108

283/4

29

28%

28%

4,400
300

68%

68

68

193/4

19%

193/4

19%

2,900

79%

78%

79

7b~

79

3,300

45%

13%

13%

13'A

13%

400

45;

'

13%

45%

45%

45%

15,100

19%

19 3/4

19%

19%

19%

*7%

7%

7%

7%

7%

13%

14%

13:'/4

14%

13%

98'A

98%

98%

*

98'A

*97

HIGH

SALE

.

7%
14

98%

*97

2,400
2,500
37,200
50

PRICES

Saturday

Monday

Tuesday

Wednesday

May. 27

May 29

May 30

May 81

$ per share

$ per share

EXCHANGE

92

107

/

*92'A

92 '

98%
1083A

190

68%

19%

73A

LOW AND

STOCK

31%

20

45

13 3A

*97

31'%

69%

*13%

19%

7%
13

98%

*97

.

45%

19%

7%
13'/a

8,300

32'%

19%

*68%

'

77

45

45%

20'%

91%

15
92

15,400

87

19%

29%

29

■

69%

19%

13

98'% May 17

15
*91

%

'

9'A

87

77

69%

13%

5
.1

'

29%

20

45

31

*

•

233/4

9'%

9%

91%

107

k

■

,

283/4

19%
*13%

..No par

May 20
7% May 27

4(J15
■«

92

146115 "

19%

*108

93

107

108'%

-

87%

*97%

98%
108%

*92

*110

31%

•

92

92

♦97%

108%

77

•

—5

2

•

*68%

X

..No par'

15%
(

28 3A

3,500

*140

115

9'A

32%

92

108%

47'%

46%

47%
146

•

19%

•

98'%

92

10,600

*86%

20

108%

*108

3,700

12%

9%
87'%

92%

*91'%

.

98'%

109'%

40%

123%

*110

32

190

40'A

*140

9'A

34'A
1133%

123%

47

47%

19%

6.600

33'%

41'%

115

x87%

1,000

113'%

34'A
114

300

10

40'A

146

20%

17%

xl2'%

•;

*110 r

32%

'

10

10%

9%

19%

.

*60 J

89'%

89

>

*140 *

•

115

9%

9'A
89%

,

146

*110

115

9%

10Q

47%

47%

X47

*140

107

18

34%

•

500

*105'%

107

1,200

60%

113%

60

10

9,100

33

21%

1137/3

213A

60

19%
49

82%

17%

"34%

*10'%

21%

*47

21%

1«%

21'%

60%
10'A

21%

19%

19%
48%

34'%

——No par

NEW YORK

V

X18

5%

1133%

series A

18'A

*18%

6

18%

*60

200

19

5%

60%

m

Highest

/

8,000

*18%

5%

53A

5%

*105%

145;"

4,300

23%

48%

21'%

475%

150

23

18%

«108

500

47%

20%

*140

20

97%
103%

*45

97%
109

23

*105%

10%

47%

97%
103%

47%

97%
*103%

47%

48

3.35%

Range Since Jan. 1

973/4

*60
10%

20

Lowest

Highest

*45

46'A

109

1,700

13,200

223A

STOCKS

Year 1949

Lowest

97%

82%

eaboarc

Range for Previous
1

46%

5

May 11

14'/4 Jun

37

100
10

15'% Mar 17

33% Jun

82

36%

*108

'

5%

3o 3/4

48%

Co—.100
preferred——
100

$3.40 preferred

36%

82%

common

1st pfd 4.40%

363A

*47%

Southwestern Ry

non-cum

11%

*81

5

70

11%

48

I

2,000

11%

82%

1

7,800

113/tt

—1

.

6%

23%

36%

25

18%

14,400

103

*106

11%

No par

i

6%

23%

24

106%

-

11%

*46'%

Works Inc..

106

100

23%

19

5'%

107

in

5,600

110

47%

24%

18%

23 %

106

5,900

109

*108

6 Vb

6%

6%
20

•105%

22'%

22%
109

*107%

108%

6 3A
2OV2

*81%

(Jacob)

Stores

•107%

*109%

110

22

22%

22

3%
4,,,

8%
4

4'%

*109

110

110

.100

A—

$4 preferred
Scovill Mfg Co 3.65% *pfd_:
4.30% preferred

2

62

51,800

25

,

May 22
May 17

16% Jan

35%

20

common

Savage Arms Corp—
5
Schenley Industries Inc.
1.75
Scott Paper Co common—.No par

'

35

98'A

47%
*18%

5%

18%

com—l

preferred—.

conv

Mar 27

16

3+

83

•

*24%

Mines

Copper
Inc

Mills

Louis

1,000

35%

23

19

2,100

34%

23

*18%
*5%

14%

343A

108

___No par

Company—

14%

34

49

*99%

47%

14%
3%

10%

103

47%

100

10%

23

*22%

90%

10%

37'%

*46 v

98%

*89%

10%

110
22%
107'%

37

4g

9,000

89'%

10%

103

No par

St Regis Paper Co common—

1

110% May 25

7

1

Co

Corp

Antelope

5%

108% May 31
" 94
Apr 19

104

Jan

v

May 19

6

Feb

*47

St L-San F Ry Co com vtc—No par
Preferred series A 5% vtc
100

May 12

May 24
Jan 11
May 1
,98% May 19

94

11%

10

13

13

10%

6%
23%
*105
106
11%
11%

37%

108

5% preferred—
St Joseph Lead Co

May

11'%
37%
*97%

,

48% May £4
165% Feb 21

7% Feb 28
9%
85 ' Apr
6 -V 93
12% Jan 13
20'%
29% Mar 10 "
34%
66, Feb
7
99 1

1

12%

12%

13

4

6%
23%

"

10
10

Safeway

110

,

106

100

7

;

*105

100

Oil

-

23%

series

Manufacturing

*108%
22%
*106'%

6%

23%

series^

4

'2

107'%

6%

No par

4.50%

Mar

,

*106%

2.50

Ruppert

1*% May

Jan 26

100

-

Co com

1,600

8 %

*108%
22%

22%

61%

14%

prior pfd series A...100

110

1,100

9%

61%

89%

12%
*r- ■

DAY

34

Royal Typewriter—.
Ruberoid C0 (The)

42% May 22

DECORATION

*61%

61%

27%

9'%

4%

33%

Mar

37
114

*61'%

27%

*61

8%

33%

1

105% Feb 20
84% Jap
9

31% Dec
^70* Dec.

*103% July

%

98 f Jan 24

87

9% Jun

90

Dec

9'A Jan

6% Jun
77

May 31

34
Mar 24
10% Feb 14

43% Dec

87

,

9%

14%

33%

com

convertible preferred——100

Ronson

28

27%

*9%

4'%

No par

Corp

Robertshaw-Fulton

May 11

8%

61% Nov
12% Mar

27%

9%

8%

10%

3.60%

4%

27%

S%

14%

10%

preferred

&

27%

CLOSED

8%

10%

Drug Inc

4%%

EXCHANGE

8%

*8

3%

8%

14Vb

.10

preferred—

Common

»

14

'8

*8'%

4'A
10%

Steel

conv

Rohm

May 12
*19% Feb
1

Jun

10% Jun

13

8%

Robbins

107

39%

12%

*61%
12%

61%

50c
25c

common

61'%

4%

Ritter

8

16

100

series

4

48% May 31

Jun

9%

150c

Rheem

2

Jun

7%

Xl37»

STOCK

8%
27%
9%
61%
13
?n%

*8'/s
*27%

9%

common

Richfield

May 29

36

8%
27%

*9%

Pictures

Roan

25

21

*8%
*27%

5

Preferred

2

20

•

19% Mar 24

Dec

10

*84
14%

•

2

6% Jun

2,100

Reynolds Spring Co__
Reynolds (R J) Tob class B

48% May 24
19% Feb 27

16

18%

8%

2

23% Jun

14

21

Jan

13 °/b

Preferred

Jun

108%

14

90%

99% Mar 31

5

xl05% Mar 8
108% Nov
Jan 13
21% Dec '
19

14

14%

5'%%

40

Jan

Jan

14

8%

5%%

98

42% Mar

13%

lnc_

Reynolds Metals

9

39%

14

*88%

Rexall

Dec

Jan

*13%

*14%

107% May 12

3

Jun

1,100

1

6%

Jan

4%

17%

Revere Copper & Brass com—No par

7% May 16

13

800

17'%

f._l

Republic

100

34%

13%

14

14%

17 VB

preferred

Motors

$1 convertible

Feb

103%
10

85%

18

5% Feb
20% Jan

Dec I

6%
23

Sep

102%

99% Jan

Dec
Jan

100

Aug
4% Aug
18% Jun

14%

17'%

Corp..

19

3

14%

17 Vb

Republic

2

14% Jan

Jan

14%

17

Aviation

1

13

14%

17

No par

Corp

pfd 3%%

$4.50
Reo

Shares

14%

17

*14

Republic

30

103

Jan

16%

91

24%

5% Jan

23% Jan

Jan

Jun

98

May 22
9% Jan 13

Dec

27%

Jan

....

14'%

17

Co common

Remington-Rand

14

85

Jan
Jan

'10

10%

Feb

Nov

Jan

91%

Conv

20

8%

-

Jun

5%

14% Feb

12%

90

Jun

6% May
4% Jun

Reliance Mfg

62% May 15

5

share

14%

*16%

preference

prior

Reliable Stores

7

Feb

share

the Week

"14

5

Co

Inc

div

$1.25

27% May 26

8% Jan

12%

8% Apr

2%

7

22

Jan

60

Aug

73

Jan
Dec

27

$ per share

Sper share

$ per share

■$ per

(Robt) & Co—

Reis

6%

$ per share

June 2

June 1

$ par

No par

Mills com

Hosiery

Bros

Reeves

Mayf&i

Sales for

Friday

Thursday

Wednesday

May 3D

50c

Roller Bit

11%

Tuesday

May 29

May 27

$ per share

share

Jan

15 %.

PRICES

SALE

Monday

'Saturday

EXCHANGE

10 %

18%

STOCK

YORK

HIGH

LOW AND

STOCKS
NEW

Range Since Jan. 1
Highest

Lowest

Highest

Friday

Thursday

June 2

June 1

Sales for
the Week

'

t per share

$ per

$ per

share

31'% May

243A Feb

21% Aug

377%

Jan

25 7% Feb

22%

383%

Dec

37% Jan
105% Feb

24%

Jun
Jan

$ per share

share

Shamrock Oil

16

30% May 19
34% Jun
1

13

453% May

4

Sharp &

14

108 7% Apr

6

14

8 'A

Jun

10%

oct

11%

Apr

15'%

Dec

15'% Jan

7

30

Jun

403/8

Dec

34% Jan

25

*5

7

Jun

May

28

Oct

Oct

43%

Jan

2%
22

Jan

27% Nov
36% Jan
24%

18% Jun

9'% Jan

6'A Jan

11

3

..

Sep

59

,

15

Dec

Dec

29 % Jan

13

Jan

20'A Apr

15.

25

24'% Jun

3 :

88% Feb
100% Mar

,10% Jun

17% Jan

14% Jan

17% Oct

16

Feb

14

106

Jan

20

'

14% Jun
97% July
3% Jan

107%

\

'11

96'A Apr

19

•

Mar
Oct

11% Jan
36% Jan

11'

40

NOV

36%

Jan

45

Aug

40

Jan

35% Nov

34

Jan

12

11% Jan

10% Sep

Nov

^

25%

Jun

t

343A Jan
493/4 Jan,

Jan

32% Feb

3
11.

41

45%

Jun

61

56

Nov

66% Feb

10% Jun

13% Jan

3% May

6Vb Jan
57% Oct

.

■

21

Jan

(The)

38% May

il

& El

Co

5%

Mobile

non-cum

22

Apr

17

25% Jan

3

8% Mar 30

13% Jun

18%

Dec

16

23% Feb

377%

Dec

34

100;
Apr
17% Apr

107

Jun

92

Dec

22% Not

(

Feb

29% May

24

-

23

Feb

16-

19% May 23

Jan

13

40

106 V« Jap 25
3.
20% Jan

89% Jan

52% Dec

47% Jan

31

£

72

Feb

Mar

108% Apr
24% May

24

Conv

Square

,

3.

$4

5
6

Dec

140

Jan

26

160

Mar 22

152

Jan

13

174

.

61

Jan

Sep

25.

70»A Jun

2

333/4

333/4

333/4

33 3/4

333/4

33%

33%

33%

27%

27%

27%

273A

23

27%

28'A

27%

28:

61

60%

603/4

60%

61

603A

61'A

60

60%

23%

*23%

Inc

14

49% Jun

.2

Standard

Oil

of

25

77% May 20

Standard

Oil

of

8'%

8%

1,700
500

28,200
2,800

36

23%

23%

23%

23-3/4

233/4

24

24%

36

36%

36

36

35%

35 %

343A

35 %

1,400

22 3/s

23

22%

23

223/4

23

22 3/8

223A

2,100

83%

36

22%

.

83%

84%

1,200

843A

*96%

96%

963A

9fi3/4

22%

22

22'A

18%

19

18%

19

116%

*83%

3%
9%

93A

52%

11%

*83%

99

*903/4

99%

99'A

80

21%

22

20 3A

21%

1,500

19

19

19%

19

IS'A

54,200

*3%
-

117%
3%

3%

93/a

9%

*116%

117%

4

117%

113/4
44%
*41%

9%

52%

52

52

11%.

11%

4,100

93/s

8,100

44%

45

44%

41

41%

*51

11% /

r

800

3%

9%

93/a

•51:.

-

45

43%

;7'

113A.

44%

_

117

*33A
,

11%

53

y. *51

50

*96%

22%

116%

4

523A

84%

18%

116%

116%

93/a

*83%

22

*903/4
7; ■

•

4

84%

:,v >

11%

44% V

52%

400

113/3

4,100

44%

443/4

40%

40%

*40%

.41%

400

36

36 »/8

36

36 %

35%

36%

36

36'A

36 Vb

36 3/s

6,600

12%

12%

12%

12%

12%

12%

12%

12%

123/8

12%

23%

*23%

233A

23'A

23%

23%

23%

42,600
1,800

38%

38%

:<8 VB

3

3H'/4

38%

33%

55%

56

55% ; 55%.

54

55

37%

38

37%

37%

37

373/3

7,600

583/4

59

58 3/4

58%

58%

53%

1,000

*23 Vb

23%

23 %

*33%

38%

♦38%

-

43%

„

55%

55%

55%

par

38

38%

373A

38%

t

7%

*6'%
*67

1

7%

73/a

6%
71

*6%
*67

*59

113/4

7%

7%

6%
71

*53/4

V.l

•67

603A
113/4
R%

63A
71

"4

*59

113/4
8

*5%
*67.

v

.

60%
11%

8%
63/8
71

.

*59

11%
8

6%
*67

2,800

1,100
13,700

60%

10

12%

1,800

8%

10,000

6'A

100

71

1,300

223/a

22%

22%

22%

22%

22%

22%

22%

22%

223/4

1

28%

28%

28%

28%

28%

28%

28%

28%

28%

29

1,500

11%

11%

11%

11%

10%

11%

10%

11%

103/4

11

6,000

71%

*69%

70%

70%

71

71%

71

71

18%

18%

18'A

183/s

13%

18 %

2,100

36%

36%

36%

1,800

103 %

'

No par
5

common

1

com—.No par

*71

*18%

?
*

Jersev

18%

18%

18%

36%

36%

36

36

*107%

.*

108%

23%

23%

f

95 %

95%

x94%

70%
152

par
..No par

Indiana

New

v

2

.

Standard Oil of California—.No

42% Feb

.

44%

$6 prior preferred——_No

66

34

*41%

;

..No par

Brands

74% Nov

27%

'

No par
1

„

& Sons

45% NOV




32%

*11%

1

Nopar

Co

60% Jun

For- footnote#, see page 28.

32%

DAY

113/4

preferred

36% Jun

Jan

1,700

323/4

113/4

$7 prior preferred—:—
*

3%

32'/4

553/8

Nopar
Standard G & E Co $4 pref_.No par

',

8,400

314

32%

11%

preferred

Standard

8%

3%

31%

par

$3.50 preferred

Mar 22

70

D

Squibb (E R)

96% May 24
77% Mar 27

159% Dec

$4.50

9,400

32%

33%

*ll3/4

Spencer ,Kellogg & Sons
Sperry Corp (The)..
Spiegel Inc common

1

11% May 16

Jan

68

Dec

143

25

44 'A

3%

3%

9%

1

common

1,100

21%

44

8%

*3%

7.50

$5.50 preferred

9%

*21

44 3A

3%

8

.

& Bros Inc

Spear &

*9%

10

21%

44

?%

DECORATION

73/4

33/a
x32 %

■

3 %

603/4

18

Oct

*21%

44%

59

Feb

Co

9%

213/4

43%.
8

116%

com.No par

Sparks-Withington Co

Apr 29

10%

*21%

583A

15

7

xlO'/s

603/4

10'A Feb

1C7 %

CLOSED

58%

Spalding (AG)

*106%

EXCHANGE

60%

14

6,700

107%

*106

< 74

10%
44'A

*58%

& Ohio

10

21%

*58%

9

71

*lu J

10 Vb

preferred
—100
stock tr ctfs„_100

Feb

Jan

STOCK

'

^5

♦Southern Pacific Co.J
...No
2 / Southern Railway copimon..No

59'/2 May 22

Apr

'

.25

;;

13% Feb

4%'Jan

Apr

Jun

Edison..

5,600

42%

42 3/s

22'A

;

25

California

Southern Co

"

65

59% May
liya Jan

71%

55

preferred

Southern

South Ind Gas

5

29% Mar

Jan

8%

*

*

34%

42%

34%

423/8

*83

_so

Southern Natural Gas Co

60

10 Vb Mar

18% Jan
98% Jan

1

34%

42%

34%

423/4

'

Southeastern Greyhound Lines..—5
South Porto Rico Sugar com.No par

-

34%

423/a

34%

44

22%

—1

preferred

3,100

34%

28%

*23%
••

com..4.50

May 24

26

Feb

,109'

12

5%

Apr

May

6% Jun

82

3

f

29%

29

*60%

•

£5

Platinum

E & G Co

t

.

22% Jun
64

Jan

54

South Carolina

Shares

28%

28%

33/,

*33%

& Corona

South Amer Gold &

share

29

$ per

$ per share

*21%

8

3%

33%

...

58

73

3% July

,53% Dec
,

Jan

•

•7%

1
5

No par

new—

10

21%
44

.No par

233A May. 25

13

Dee

,

4

107%

43%

No par

40

227/e'May 17
36% Nov

Feb.

*93/4
*21

Typewr.iters.No par
Socony Vacuum Oil Co; Inc
15
Solvay American Corp.4% pfd—100

)

36% Apr 18
13% Mar 16

3 t

51

t

32% Jun

Smith

May 29

45

3.

Jan

107%

(A) & Sons Carpet Co com—20
3%%
preferred
!
_ioo
4.20%
preferred
100

;

Jan 28

45

13

:

23

14

4

Jan

Feb

*106

*105

Smith

•

8 ;

53'A Apr 14

4 t

-29%

.

42

Sloss-Sheffield Steel & Iron——20
Smith (A O) Corp
_io

12

118% May 24
4% Jan 12

3% May 22.

52% Oct

*

2

33%

42

Mines—

Co

Skelly Oil Co

22% May 26 r
19'A. Jun
1

9% May 22 .
51% Jan 11;

14% Apr

26% Feb

102

>

47/s Oct

Mar

88

4"

10% Dec

7% Jan
40

Dec

83% May 29 r'

Jan

33%

1

Sinclair Oil Corp

36'% May 29

31%

Coalition

33%
*41%

15

Simonds Saw & Steel.L

3

2~2%

83% May
95% Jan

;

May

36'

King

29

No par

Silver

28% May 20
65'% May 22

May 10

20'% Jan

G)_

2

Simmons

29

No par

9

May

33 V\

.

preferred

(Frank

29

No par

8 3% May

33 7% May 26

Jun

19

Shattuck

1

$ per share

No par

Corp
Dohme common

cum

$ per share

28%

.

Sheaffer (W A) Pen Co
Shell Oil Corp..
Sheraton Corp of America.

8

Nov

16% Jun
,21 Vb

Gas—

Steel

$4,25

11 v;

&

4

13
13

29% Mar 21

217% Feb

Jan

217% Feb

Sharon

44% May 18

2% Mar 31

26% Jan

Par

*165%

68%

par

70%
152

167%

*70'A

80

36%

3634

36 3,e

*107%

108%

►107%

108%

107%

107%

*107%

23%

23%

23%

23%

22%

2.3%

223/4

23

6,900

95

94%

94%

94%

94%

94%

95

450

70%

70%'

70%

10

3,800

71

70%

153

15Q%

150%

*150

152

*150%

165 y2

165'/a

165%

166%

165

165

164 34

164%

1,100

69%

13,200

*151

76%

71%

70%

151

200

69,

68%

6"%

6"'%

69%;

69%

69%

70%

25

.-48%

483/a

48%

48%

48%

48%

48%

48 34

48%

49%

14,600

25

75%

75%

75%

75%

75%

76%"

75%

76%,

75%

76%

18,900

'

<

Number 4913

171

Volume

..

The Commercial and Financial Chronicle

.

NEW

$ per

27%

Oct

96% May

102%

Dec

12

Jun

20%. Dec

40

Jun

48

Dec

Jun

38%

Jan

10

94

Jan

24%

Jan

share

25% Jan

4

29% Jun
103 V* Apr

21

24

Jan

48

243/b May

6

52

I

32% Jan

123/4 Jan

3

15

36% Jan

27

Jan

98

Feb

21

Dec

30% Apr

27

33%

5

Steichi

10

Sterling Drug Inc common
3%%

7

Jan

3

Jun

14 %

Jan

9 'ft

Jan

13%

Dec

12%Apr

6

14% Jan

Jan

181/4

Dec

17 % Mar 16

18% Jan

Feb

21%

Dec

20% Jan

13

16%

Feb

23

Dec

26

Jan

13

28%

Jun

52

Dec

43% Apr

26

6%

Feb

Oct

83/4 Jan

9%

J

90

Jan

96

Sep

95% Jan

20

52 Va

Feb

66%

Oct

55% Feb

15.

117

Jan

Dec

122

118 % Jan

14

Studebaker

71

Sunbeam

Mar

10"% Apr
101

Apr

.Apr

4

Sum ay

9

4

4

Dec

10% Jan 25

14

173/4

Jan

16% Jan

30

22

16%

Jun

21V*

Sep

19

Jan

25

36%

Feb

60%

Dec

55

Jan

25

23% Apr
633/4 Apr

75/e Mar

12 Vb

Sep
D?c

Jan

195

3

93/4 Mar 30

May

293

Jun

143/4 Jun

2

143/4

Jan

41 %

Dec

38

Feb

If

106 V2

Dec

103 Vo

Dec

107

Jan

4

112

7%

Feb

113/4

Nov

10% Jan

4

13

27%

363/4

Jun

Dec

8%

Jun

12

Feb

17 Vb

Aug

24%

Jan

76 V2

Sep

89

3%

Jun

Mar

63/4

Nov

Mar 13

4%%

13

3

15% Mar-

9"

26% Apr

Jan

4

5% Jan

3

*99 %

3^%

33%

33%

6,200

18%

17%

18ye

17%
12%

17%

7,800

17ye

17
12%

17%

l23/4

12"%

12%

17%

17%

*17%

22%

x213/4

22 %

12%

12%

12%

'

17%

17%

17%

600

22%

21%

22%

6,600

34 ya

34%

34

34%

30,800

54'A

lOVe

10%

10 VB

1C%

99

99

99

60%

120

*98

99

*98

*118%

*118%

120

53 yB

62

7% Mar 30

600

13

13%

13

13%

Xl2%.

12%

12%

12%

13

21%

21%

21 %

21%

21 y8

21%

21%

21%

21%

21%

4,200

25

22%

22

22 V*

X21%

22

21%

21%

21%

22

3,800

12.50

22
58%

583/a

58%

58%

*58%

59%

58%

58%

58%

58%

1,200

10c

11%

liy2

xll%

11V*

11%

10%

11 Va

10% *

10%

9,100

50
10

*41

100

*111

278

280

123ft

11

280

280

280

293

293

292

13

13

13

13%

13%

13%

13%

13%

*40 y2

41 y4

*40 y4

41%

40

12

4oy2

12

*110

111

*110

111

*11%

12%

600

37%

36 V*

36%

36%

36%

4,400
10,700

14%

14%

14%

14%

14%

14%

14%

14%

22%

22%

23

23%

23%

23%

23

87%

87

88%

*80 >/•>

88

88

;

7%

7%

7%

12 Va

123/4

No par

preferred

Gould Corp

1

V'

V

■

-

87

*87

(

37%

7%

7%

12%

*12%
6%

•7%

12%

6%

36%'

7%

6%

70

11%

22%

x37%

300

111

*110

11%

14%

37%

9,900
\

11%

11%

12

22%
87
7%

25

5,300

14%

41

111-111%

112

23,500

289

287

41

12%
41%

*11%

(The)—4.16%

Co

Symington

s

.

120

Sylvania Elec Prod Inc com__No par
$4

.20

62y2

*119

Swift International Ltd

6

18

3,600

100

*61

120

300

10%

10%

■*991/4

62

120

52%

*51%

54

>119

61%

61%

61%

4,500

17%
£2

54 y4

99

12%

17%
22 y8
35 V*

22

>

103ft

60%

20

100

?*»

55%

60%
*118%

200

6,300

33%

34"%

*98

300

14

37%

*99%

100

37%

88% May 31

79

37%

-400

99%

17%

17

*13%

100

6,400

I

33

DAY

33%

13%
37%

29 y4

31,100

99%

DECORATION

100

*29%

13%
37 V*

<

Swift &

Jan

•

193/8 Jan

30%

29%

14%
38

37%

10'/a

"

1

preferred

373/4 Mar 23

9% Jan

34

30 V*

*13%

CLOSED

29%

25

.

Co

Sweets Co of America

4

50%

34%

Corp

Steel

50 Va

*54%

Paper Co

Superior

Sutherland

50 Va

*50

10%

25

Oil of

24

50%

Shares

103

23%

55%,

California

Superior

42 % Mar 16

Apr

Mining

*100%

23%

34"%

;

100

common

preferred series A
% % preferred series B

Sunshine

1

Jun

'

preferred

Corp

102 5/8

23%

34%

/

Sunshine Biscuits Inc

11

11% May 11

30%

8% Aug

4%%

Oil

33%

►100%

10%

No par

4% %

11%

A

*99%

33Va

102%
23%

34%

J"

No par
1
No par

Corp common

Sun Oil Co common.

Class

Jun

227-

i

Corp

100

29%

share

*54%

1

'

$4.50 series A preferred
,

9

17
12%
*17%
223/4

1

No par

Corp—

Chemical

Jan

July

Jun

Sun

18

64"% May 12

9

127

7

xl22

15

83/4 Mar 30

Stone & Webster

10

13"%

373/4

293/4

29%

*29 %

EXCHANGE

13"%

37%

,//

29%

50%

29%

14

the Week

29 V*

♦102%
STOCK

37%

Sales for

Friday
June 'i

June 1

$ per share

$ per

share

503/4

*50

Thursday
$ per share

23%

$ per

24

30%

33%

/

23% Apr 27
35 V* May 19.

23%

503/4

*99%

\

May £1

29

37%

.5

Wednesday

May 30

-1023/4

*102

24

PRICES

HIGH SALE

.Tuesday

29

*29%
*13%

.100/:
15: A

& Co Inc

P)

283/4

*49%

Stokley-Van Camp Inc common
1
5% prior preference
_—20

4

12 V*.

(J

1

5

Stewart-Warner Corp

7

15%

Inc

preferred

Stevens

34% Jan
9V
213/a Apr 21

Stores

Bros

102%

233/4

IK

28

Mar

102%

'

$ per share

283/4

Spring

Jan

100

283/4

preferred series A
Steel

Monday
May 29

$ per share

10

common

393/8 Feb

12

9%

Ohio

100
common—.1
4% convertible preferred
50
Starrett Co (The) L S
No par

2

May

Jan

100

33/4%

of

Oil

Standard

8

Aug

26% Mar

Standard

24

Feb

18% Jan

101

Saturday
May 27

j

Par

2

41 %

Oct

RECORD
LOW AND

STOCK

YORK

$ per share

13

July '

35

$ per

$ per share

Jun

x27

STOCK

EXCHANGE

Lowest

Highest

share

NEW

Range Since Jan. 1
Highest

Year 1949

201

YORK

STOCKS

Range for Previous
Lowest

(2319)

15

'23 J%

"

7,600
210

88

7%

7%

♦12%

8,400

123/4

.

.i

'J

,

/

T
9'/8

Jun

12%

Dec

11% Jan

2%

Jun

63/8

Dec

4% Apr

65%

Jun

48%

Nov

18

Jun

13%

Nov

Jan

17

9 ?

10
3

59% Jan 25

11%

Jun

18%

Nov

15% Jan

13

56

Jun '

70%

Dec

69

Jan

3

12% May 26 J

7% Apr
19

Tpnnpsspp

May 17

71% Jun

26%

NOV

20% Feb 16

27% May 20

Feb

58%

Dec

53% Jan

36

Jun

48

Dec

44

65% May 20
53% Apr 11

Texas &

Texas

14

r..-

*6

18%

Pacific

69%

69%

*

12% /

*12%

6

6%

6
V.

18 %

70%

.70%

20'/s

21%

21

18%

70%

21

21%

70%

70%

71

707/e

71

707/8

71%

71

26 Va

257/a

26%

263/4

27%

26%

26'/a

63%

637/a

63%

63%

623/4

633/4

623/4

63

51%

51%

52%

53%

53

53

11%

11%

11%

11%

11

11%

*153/8

153/4

153/4

153/4

20%

207/e

10

26%

26%

1

63%

63%

100

*51%

52%

*51%

53

11%

xll

11% \

.

Ry Co

11%

Jan

10% Mar 23

12% Jan

31

50c

15%

Jan

14% Jan

3

16% Jan

31

*15%

15%

*15%

15%

15%

15%

8%

Nov

7% Jan

3

14

preferred
No par
Thatcher Glass Mfg Co common—5

*10%

10%

10%

10%

10%

10 %

25%

Apr

32 Va

12

Dec

14

Aug
Oct

30% Jan

3

43

Apr

6

13% Jan

17

Jun

6%

Jan

5% Jan

3

41%

Oct

36% Jan

4

7%

1%

Nov

102% May

Co

6%

6%

'

41%

41%

•'

*23%

5

Mar 20

24

May 24

Thomas Steel Co

Mar

:

Dec

6

Apr 23

51% May 12
94% Jan
4

7% Jan

10

Jun

1

60

100% May 12

4% Oct

3% Mar 27

5 % Feb

6

Dec

32% Mar 27

42% Feb

25%

Jan

107 %

Dec

22

105% Jan
105

Jan

13%

Jun

19

32%

Nov

43% Mar

Jan

3

5

fB May 15

14% Feb

3

33% Mar 17

30% May 22
106% Mar 21
105

Thompson (J R)

15

4% preferred
,.100
Thompson-Starrett Co com..No par
$3.50

2

preference 1

Apr 22

56

pfd called at $106—No par

'

*106%

$3.75 pfd called at $105—;No par
Axle..—
—__5

4

■16%

Timken-Detroit

Timken

Roller

37%

—No par

Bearing

X56
*98%

6,600

,

.

105%

37%

42

*41

100

7%

//';/ 7

73/8

5,100
20

42

♦41

42

4%

4%

43/8

43/4

45/8

47/8

5,300

23%

23%

23%

23%

23%

500

*6%

6%
56%

*

57

,

*98%

100%

.*3%

.

6%

*6%

3%
29

106 5/a

17%

105% i
-17%

37%

37%

•:

%i

27 7/8

106%

105%

17%

33/8

*34

/'/■■,

106%

105%

/

-

37%.

65/a

*6 %

6%

58%

1-003/8/:;

>

100 3ft

*34 Ve

*1053/8

*1055/8

•

100

273/4

*1063/8

106 3/8

1,300

35%

27%

28%

4,700
"

35ft

35/8

33/4/
35

IOO

!

59%

*98%

60

*983/8

35

287/8

107

58

57% J
100%

*34%

29

17

5

310

13%

*125/8

'

,

23%

37%

jl7

7%

7

*41

•••//'...,

3%

*106%

13%

7

35%

107

353/4

*125/8

200

1,100

35

.

4%

3%
28 7/8

35%

13%

500

2,900
>

.

23%

*34%

29%

357/8

2,800

'

7

4

*105%

$3.75

6,100

2,600
/

10%

10

35

*35%
/■'

42

35

29 Vb

Tide Water Associated Oil com—_10

6%
/ ;

100%

*3% .".
35

No par

v

38

6%

557/8
*99%

4

*23%

237/8

*6%

'
*

ft May 15

17% Jun

1

Thompson Products new com..—_5

6

40

(The)

4

*3%

tThird Avenue Transit Corp.No par

3

6%
*41

10%

10

*12%

12%

s

5

,

35%

12%

1

preferred

3% Jan

Mil mm

35%

13%

50

common

convertible

17% Jan

95

Apr

2% May

$2.50

Jan

mm —

84%

Thermoid

35

35

♦12%

No par

Jan

.

23% May
19% Jun

,

4

,

.No par

9

Jun

6

1

May

preference

conv

Fair

20

Jun

14%

7% Jun
42

The

common.

conv

$2.40

l

12% Jan

Mar

4%
35

1

1,000

10,100
/

713/4

26

Jun

Apr

21%

70%

13% July
4% Mar

Inc

1.1,200

6%
713/4

207/a

1

11%

$1.25

71 v*

207/8

Tetion

8

-

183/4

71%

■

183/4

6%
*18 %

6

18 7/o

70

18%

Trust—

Land

certificates

share

18%

18%

69%

10
No paiv

Coal & Oil

Pacific

Sub

:

5

_

Producing Co
Sulphur

Texas Pacific

Jun

*12%

.

5
.25

Gulf

Texas

16%

Feb

9

Cnrp

Texas Giflf

12

74% May 19

33%

3

(James)

Co

Texas

2

22% Apr

Talcott Inc

Telautograph Corp

18

17

173/a

17

37%

37%:

373/8

107
.V

7,600
'

170
100

—

>173/4

21,900

37%

4,100

t.

-

Lowest

share

Highest
$ per

$ per

share

Jan

16%

Dec

14% Jan

13

10

Jan

17%

Dec

16 % Jan

3

15

11 y2

16%

Feb

Feb

9%

Dec

8% Jan

98%

104% Jan

6%

Jun*

Mar

7

13

19

LOW AND HIGH

'

Saturday

*

May 27

EXCHANGE
Par

$ per share

share

10

STOCK

YORK

NEW

Range Since Jan. 1
Lowest •
Highest

Year 1949

$ per

1

STOCKS

Range for Previous

May 11 '

20% Apr

8

18

Jan

11

11-

May 24'

Transamerlca

18

5

19
16 V4

19V*
16 V4

10%,

10%

No par

Transue & Williams Steel

.

1

Tri-Continental Corp common

.

108 y4

Oct

3

110% May 17

Aug

15%

Jan

10

Jan

3

13% May 24

Truax-Traer Coal Co

Jan

25%

Dec

20

Jun

1

25 y2 Jan

6

20th Century Fox

32%

Jan

37 y4

Dec

x33% May 31

36% Jan

5

98%

Sep

4%

Jan

103
10 V*

Dec

99

Jun

8% Jan

Nov

2

'5

Jun

34%

Nov

29% Jan

18

4% Jun

6%

Jan

4% Jan

3

24

103

Jan

13 Ve
39

5

Apr 13
Apr

7J/e May

$1.50

13 Ve

5

Film com__No par
preferred
-No par

conv

*

prior preferred
No par
Twin City Rap Transit com—No par
$4.50

13

5%

6

Twin

conv

Coach

„

prior preferred——50
Co
;
1

Jun

10%

Dec

10

Nov

46

Jan

41% Mar

103/4

Feb

123ft

Apr

12

19%

Jun

333ft

Jun

8%

31%

45%

Jan
Dec

107

Jan

112

Aug

94

Jan

96

Nov

86%

Jan

94

Aug
__

—

25%

Jun

32 3ft

_

Sep

Feb

Jan

26 3ft Jan

415ft Mar

12

May

7

47

Apr

19

Underwood

13% Jan

10

Union

30 5ft Jun

1

3"

13
95

111% Feb

2

Jan

30

96

90'ft Jan 30
103

Jan

24sft May

73%

Jun

89%

Jan

48

Apr

513ft

Feb

50

30%

Dec

36%

Jan

31

27

Dec

25% Jan

20% July

21

24

2

51
May 10
1133ft May 19
100% May
5
97

25

89 % Mar 16

Jan

.9

52% Feb

-

May 12
13

31% May

109 Va

Oct

106% Jan

3

112

Jun

143/4

Oct

133ft Jan

25

17

Jan

85%

Oct

Feb

313ft

Dec

Jun

106%

Dec

4%

Jun

93ft

Oct

293ft

Jun

38 7ft

Jan

2%

Jun

33/4

40%

Jun

3%

Dec

80% Feb
28

7

Apr 28

106% Jan

3

75ft Mar 28
34

Jan

25

25

34% Mar 20

Jun

19%

10

823ft Jan

10%
615ft

Apr

1073ft May 23
277ft Jan
5

104%

103

5

1

Mar 20

3ft May

1

33
10

Mar 29
Feb

4%%
$4.50

10

Apr

17

"Jan

12

47%

Sep

41% May 16

50

3%

Dec

9%

33ft Jan

3

Mar

3

4% May 31

Dec

8% May 22

Mar

6

Dec

61% Apr 29

78 3ft Mar

3

Jan

16

Mar 29

19% Mar

6

345ft

Jun

423ft

Dec

40% Jan

13

46% Mar 28

United

X44%

Jun

55%

Dec

53% Jan

13

63'ft May 24
197ft Mar 22

United

12

195ft

Dec

17% Feb

17

Feb

267ft

Dec

253ft Jun

1

29% Apr

18

9 3ft Mar

13%

Sep

11% Mar 30

14% Jan

9

Jan

3

United

235ft Jan

12

19%

Jun

26

Dec

19

Jun

25%

Dec

17

183ft

Feb

30 7ft

Dec

27 3ft Jan

Mar

102%

Nov

100

Mar 18

335ft May 22
106% May 23

Jun

173ft

Jan

15

"Mar 31

187ft May 19

x89%

Jun

116%

Dec

110

175

Jan

187

94

12%

6%
43

Jun

May

177ft

Apr

17'ft Mar 30
Mar 30
25

24

Jan

23

134

Jun

2

Oct

182% Jan

4

189

Mar

Sep

8% Jan

3

11% May 16

57

Jan

46% Jan

4

54

26%

Oct

22

Mar 11

28 'ft Jun

.1

3 5ft

Jun

9%

Dec

6'ft Jan

10

17% May 20

15%

Jun

30%

Dec

28 % Jan

9

11%

16%

Oct

7%

15% Jan

3

18

Feb

4

8 3ft Jan

87ft

Apr

Jun

49%

Jan

73ft May 10
38'ft Mar 23

49% Jan

52%

Jan

72

Dec

693ft Mar 21

75




28.

10

May 29

U 8

770

6

6

1,200

6%

6%

11%

11%

Jl3ft

11'ft

113ft

ll'/e

45%

45%

45 Va

45%

455/s

455ft

12%

125ft

123ft

123/4

123ft

1,500

30%

30%

30%

30%

30%

6,500

503ft

19,500

6%

12%

12%

30

30%

STOCK

50%

EXCHANGE

50%
112
105

96
107

50%
*111

112

*101%

x50%

*94%
107

96
107

101%

96

DECORATION

*106%

DAY

96%

106%

27

3,100

85

85'ft

51%

51%

51%

6,600
1,500

32%

32%

32%

32%

32%

700

293ft

2?5ft

29

293ft

8,500

86%

88

86%

87%

51%

51%

52

51%

32%

32 VA

32%

32%

30

29%

29%

111

110%

110%

°85„/

/

100

297/8
*108
9%
39%

10
No par

*25%
3y4
*42
4
10
69
17%
42 /2

16%
88

29%
110

16
*85

29%
*108

15%

16%

*85

89

28%

29%

*108

110

108

9%

39%

39%

39%

40

26

25%

25%

*25%

26

3%

3%

4%

*42

42%

4

4%

4%
'

10%

9%

9%

39%

43

28%

29%

*9%

3

153ft
*85

/

110

9%

43

109

18%
89

9%

3%

*

;

40

*25%

,

3%

3%
43

42
x4

4%
i

11

*110

15%

157ft

*85

89

29

•

28%

;

110

*108

9%

9

*393ft

40%

*26%

26

3

3%

51%

111

12,200

2,660

110

9'ft

10%

11%

71

72%

17%

17%

17%

17%

17%

17%

17%

43

43

43

43

43

62%

63

62%

62%

72

73

2,100

26

3%

100

13,300
190

4

4 Vb

11

4%

11%

1,000

40

11%

74,400
13,700

-

10%

100

153ft

.88
283ft

42%

♦41%

42

10%

72

51%

111

71

71

70

107

263ft

87%

X29%

"60

96 Va

86'ft

87

*109

107

103%

X853ft

27%

30%

96%

96%
107

80

112%

27%

26%

111

*111%
-♦102

105

900

267ft

27%

-51%

No par

*95%

107

27%

30 Vz
*109
16 Va

50

111%' 111%:/:

27%

32 %

505/o

111%
105

,

;

50

50%

*111

*101%

CLOSED

105

3,800

72%

17%

*42%

480

73

17%

1,500

43

8CO

62'/8

8,000

18%

18%

18%

18%

18%

18%

23,000

26

25%

26%

26

26%

26

26%

13%

13%

13%

13%

13%.

13%

13%

17%

17%

17%

17%

17%

17%

17%

17%

17%

.

13%
17 Va
*17%
32 V2

13%

33%

1
1
1

.

*105%
17%

& Mfrs Inc
of

Theatres

interest

preferred

Co common

conv

preferred
common

preferred
& Foundry Co
Playing Card Co
Pipe

'36%

.

6

200

2,600

18%

S Lines Co

S

36%

t

12%

26%

S Leather

4%%
U

36%

700

99%

26

preferred—
Industrial Chemicals
A

37

.

18%
26 y4

Co common
preferred

Class

9

Jan

38

For footnotes see page

U

U

12

> 99
11%
36 y2

101

11%

10
Improvement Co—13 V2

4'ft%

51% May 20

Jan

;36

*99%

12%

18%

U S Hoffman Machinery com
U S

12

61%

U S Gypsum

Mar 29

101

7,500
13,700

43

U S Freight Co

7%

34

-

18%

Paramount

1st

20 Va

34

61%

Foreign Securities

$4.50

13 Va

20

42%

Merch

S &

13

13%

620

61%

Certificates
U

2

10%

United Gas

100

109%

*99%

12%

*94%

Engineering & Foundry
5
Fruit Co
No par

United

18%

108 %

16,100

x33%

30%

/* *106
27 %

United Gas Corp

July

16

*101%

United Cig-Whelan

22 3ft

Jun

Jun;

50y8
112

United-Carr Fstnr Corp

4

70

33/4

No par
No par

new.No par
Stores com—30c
$3.50 convertible preferred
100
United Corp (The) without div—1
United Dyewood Corp common—-1
7% preferred
100
United Electric Coal Cos
5

28

14% Aug

45

Co

2'ft Mar 29

■

23

13%

*

109%

10%

34

30

Co—j.__5

...

25% May 29

mi.—

109

"40%

10%

20%

'32%

Corp

Oct

-

3,300
*

10%

34

11%

Carton Corp

&

13,500

17

20

45%

of America—No par

Carbon

United

*16 V*

34 /r

45%

preferred —;

Board

United

40 Va Apr

18%

>17

20-/8

x20ye

45 Va

series

preferred

13

13%

45%
12%
30

series

Biscuit

United

28*

May 18

$3.50

$4

109%

11%

No par
No par
Union Oil of California
25
Unicn Pacific RR Co common_.i—50
4% non-cumulative preferred__50
Union Tank Car Co
No par
United Aircraft Corp common
5
5% convertible preferred
100
United Air Lines Inc common—10
Preferred

Preferred

109%

1

pfd $4.50 ser_.No par
$3.70 series
No par

Preferred

*16%

11%

& Carbon

Carbide

18%

17
10%

—No par

...

Union Bag & Paper
Union

18%

19%

18%

l

& Rubber

Asbestos

18%

Shares

18

18%

11%

Un El Co of Mo

88'ft May 19
110

Corp

•

17%

Sales for
the Week

$ per share

17%

*16%
10%

19
17

20% 21
34% 34%
*99% 101
IIV2
11%
35
36
*6%
6%

$ per share

18

6%

(The)—

Corp

Udylite

18

*6%

,

U
39

13

13 V*

20%
21
*34 v 34%
*09y4 101
11V4' .11'%
*34%
35

May 31

17%

Friday
June 2

V June 1

$ per share

share

10%
10%
109% 109%

*109% 110

No par

preferred

Feb

9%
19%

18
18%
*16 y4

Thursday

Wednesday

May 30

I pet

$ per share

18%

SALE PRICES

Tuesday

Monday
May 29

/

share

—2

Corp

Transcont'l & Western Air Inc

$6

$ per

'

No par
No par
No par
20
100

,

132

*187%

5

100
No par
No par
No par

1
10
20

—10

,

'

*10'%
*52
*26%
16
49
15%
*8

72

62%

17%

17%

17%

17%

17%

17%

17%

32%

32%

32%

32%

33%

32%

33%

105%

105%

*104%

105%

*104%

105 %

106 %

18

18 Va

18 VB

133

18%

130%

62%

17%
33

*104%

18%

18%

18%

131%

18 Vb

131

133%

132%

1,900

33%

11,300

18%
134

132%
188%

*187%

188%

*10%

10%

*10%

10%

10%

13%

10%

10%

10%

53%

*52%

53%

52%

52%

"185

188%

187

*185

8,200

17%
105%

131%

*185

5,000

8,300
1

,

,10
600

2,400

187

300
70

53%

*53

53%

*52%

*26%

21 VA

27%

28%

28%

28%

27%

23

27%

4,100

16%

16%

16%

16

16%

4,700

49

47%

48%

1,700

15%

15%

15%

3,600

8%

8%

8 Vb

100

40%

2,000

16%

16%

16%

16%

49%

49%

49

50

49

15%

15%

15%

15%

15%

8%

*8

40%

40%

75

75

8%

40%
75

*8

8%

40

40%

*74

77

.

*48

15%
*8

40%
*74

40%
77

40

*74

77

100

27

The Commercial and Financial Chronicle

(2320)

.

.

.

Monday, June 5, 1950

■

Ran ye

STOCKS

for Previous

Lowest

NEW

Range Since Jan. 1
Lowest
Highest

Year 1949

Highest

LOW

STOCK

YORK

Saturday

EXCHANGE

AND

HIGH SALE PRICES

Mc-nc'ay

Tuesday

May 29

Wednesday

May 30

May 27

-

Thursday

Sales foe

Friday

June 1

May 31

June 2

the Week

••

f per

I per

$ per share

share

19% May

30

62

U 8

20

31% Apr 18
97% Apr 11

3

47% May 31

24% Mar 27

Not

95

Feb

43

Jan

37% Jan

133

112% Jun

Jan

126% Jan

18

33%

Oct

€2

Oct

72

20%

Jun

26%

46%

Dec

129%

Jun

140%

Jan

18%

Apr
Mar

136

33% Mar 31

40% Jan

28

68% Mar
34

2

Jan

4

Jan

22

Nov

44%

Sep

41% Jan

5% Jan

20

8%

Jun

6v4 Not
11% Not

10% Feb

•

Apr.;-

92

Deo

91% May

3

4

Jan

3% Feb

22

•

Feb

7

2%

Jun
Feb

27%

Oct

24

12%

Jun

17%

Jan

15

3% Feb

9%

Sep

1*9%

25%

Jan

Sep
Jun

170

156

Mar

7

Feb

12%

Dec

43%

Jan

64

Dec

17

Jun

21

11% Apr

3
Jan 26

100

4% Apr 24
27% Jan

3

4% Feb

Feb

44% May 19
6% May 19

Mar 30
Jan

Jun

11

9

19% May 26
6y« Apr

17

22% Mar 13

x25

Jan

10

174

May 13

161

Jan

9

11% Feb

8% May 25
45

100

U S Smelting Ref & Min com

7%

46

1st preferred——100

$ per share

30%

*95

10

30 3/a

96

•233%

46

135%

/.

95

46%

235

3/8

t per share

$ per

303/8

303/*.,

50

*383/4

50

•62%

32%

32%

32%

33%

—100

145%

145%

145J/4

No par

•20%

203/4

*43

44

135

145%

38%

39%

*62%

63

383/4
63

31

$ per share

share
30%

20%

30%

12,400

96'/2

95

95

"47%

45%

46%

4534

4 6 3/a

15,400

134%

1353/4

134%

135:/4

830

*95

383/2

38'%

39

62%

62%

62

33 '/a

333/4

33%

33%

33%

145 3/8

145 %

14 5'/2

38%

STOCK

EXCHANGE•

Shares

30%

1353/2

46 %

136

$ per

share
96 3/2

*95

95

46%

par

preferred

U S Steel Corp common

7%

146% May 26

20% May 24

Jan

4%

21

20

29%

1

prelerred series A

non-cum

$ per share

US'/a

'
■

■;

39'/4

70

■

2,300

€2%

*61

62%

■

700

'

38%

80

8%

0

13

Plywood Corp common

3%%

May 29

57% Apr
25% Jan
139

Par

U S Rubber Co common

Deo

93%

Apr

31% Aug

■'Y>v'; ;'/'•••" '■

$ per share

share

2

61% Jan 27

May 23

No

preferred

U S Tobacco Co

7%

common

non-cumulative

preferred;—25
Stockyards Corp_
1
United Stores $4.20 non-c 2d pfd—5

United

convertible

$6

preferred—No

United Wall Paper Inc common

par

203/4
*43

20%
44

CLOSED

'

1453/4
DECORATION

*43

6 3/a

11%

11%

11 J/4

11%

11%

113/4
99

*95

99

*95

99

3%

3%

25 %

Universal-Cyclops Steel Corp

1

•19%

19%

*19%

19%

Universal

.1

*5ye

5 3/a

*5%

*95

3%

*24'/2

tv*

8%

preferred

100

Universal Pictures Co Inc

24%

174%

8%

100

45%

46

No par

27%

2J50

*10%

10

*32%

33

Vertientes-Camaguey Sugar Co—6%

13%

4V*%

preferred

—

—

•

24 V*

•172

1

com.

€%

Xll

•95

24 J/2

♦172

8 3/8

.

*8%

*61/4
10 y2

11

300

-

2,900

98

3%

33/s

3%

3%

3 3/a

♦24%

253%

*24'/4

24%

243%

19 3/B

*i9y8

25%
19%

193/a

193/a

53/4

5%

5%

19

*5%

24%

170

10%

*95

99

2,500
1

6%

*33/2

*24%

174%

1,500

203/4
43

6 3/8

25%

Universal Leaf Tobacco com—No par

20%
43

6%

*3%

Laboratories Inc

20%
43

*6V4

*24%

convertible preferred

*20%
X43

6%

2

4%

21

6%

-60

-

82,000

1455/8

43%

20%

DAY

146

34

*172

*172

*172

174%

24%

8%

8V4

8j/2

500

♦45 %

46%

45%

46j/2

*46

463/4

27%

27%

28%

28

28

*27%

28

10%

10%

10 %

10%

10%

10y4

10%

10%

*32%

33 %

*32%

33

32%

32%

33

13%

14

14

14

46

8'A

3,000

46%

83/2

.

900

174'%

8%

8%.

8%

100

600

5

243/4

243/4

*24%

24%
1743/2

5

2,000

260

V
7%

25% AW

29% May 20

Vanadium Corp of America

11% May 17
34% May 10
14% Jan
9

Van

27% Apr

Vick Chemical Co

Jan

3

,'nov

24% Feb

23

13% Jan

12% Jan

3

20% Jan

26

11% May

Nov

27

20% Jun
Feb

10

14

20% Feb

f

9

Jan

25

Oct

85% Mar

97

Deo

97% Mar

85%

Jan

98

Deo

98

33 %

Jun

47

Dec

x44% Mar 18

91

Jan

100

Dec

96% Mar 22

5

Jun

20

:

11%

Jan

118

Jon

Jan

20

Dec

113% Jun

118

Feb

82% Jun
15%

103

May

4

101

Apr

4

Vlcks Shreve & Pacific Ry com
100
5% non-cumulative preferred—100

51% May 19

Victor Chemical Works common—5

101

27

Jan

18% Jan

18

22

18

117

Jan

Jan

96% Jan

27% Jan

11

Mar 23
Jan

10

104% May 11

17

26

20

23

9% May 15

27

Xl03% May 26

22% Feb

7

26

Dec

23% July
32% Jan

28

Nov

33%

Apr

26

Jun

2

30y* Feb 17

25%

Jun

33%

Oct

31% Jan

3

37% Apr

11

36

May 18

11

36

May 17

14% Jan

31% Mar

7

'

23% Mar

30%

Apr

30

Mar

32

Apr

27% Apr
31% Jan

45

Jun

60%

Jan

48

2.50

8

Jan

115

Co

10

Jan

6% Jan
79

18

Norman

Van Raalte Co Inc

13

3%%

100

preferred
Va-Carolina Chemical
6%

dlv

24%

25

25

14

25

107

*io3•r 107

*103

*103

♦103

107

50%

50%

50%

*99 %

99%

*99%

No par

*8%

100

*89%

8%

8%

92

92

107

/

25
107
107

51%

513/4

51

99%

*98

8%

8%

8ya

91%

92

25>/4

51

51%
99

99

20%

20%

20%

20%

20%

20%

203/4

116%

115%

115%

*1153/4

116 3/a

1153/4

1153/4

♦103%

104%

*103%

304%

*1033/4

1043/4

*104%

1051/a

25
25
25

*20%

22

*20%

*29%

31

*29 3/4

5

*33%

Virginian Ry Co common
6% preferred
Visking Corp (The)
Vulcan Detinning Co common
7% preferred

27

22

*20%

*20%

22

2oy4
116

*104'/4

22

40

*20%
29

3,500

92%

600

20%

6,900

116%

*911/2

20%

*115%

:

1,500

8%

8

8%
92

_100

$4.04 dividend preferred
Va Iron Coal & Coke 4% pfd

-—J

51%

99

:

—_10O

$5 preferred

3,100

25

*103
*103

99%
91%

2,300

107

51
8%

560

300

./

14

107

99%
92

1,500

lOi/a

*103

243/4

107

107

13%

..."

28%

;i33y.

*103

251/4

25

*103

com

Virginia Elec & Power Co com—10

J13 %

*103

preferred

par tic

13%

27%

170

105 y8
22

30%

293/4

293/4

29%

30

29%

1,500

26%

27%

27%

271/8

26%

27

26

261/2

4,100

*33%

34%

33%

333/4

X323/4

323/4

323/4

33

27

34%

20

34

34

♦34

35%

*34

35%

*34

35%

*34

*35

36%

*35

36%

*35

36%

*35

36I/2

*35

36%

*50%

52

*50%

52

*51

700

35%

20

10

W
12

Jun

14%

Sep

25%

Jun

31%

not

May

105%

101
21 lU

Jun

Oct
Dec

33

Jun

6%

Apr 24

12% Apr
29

60% Mar

18

14% Jan

May 29

32

Jan

4

17

13

7% Jan

10

Feb

105% Feb

101 % May 26
31

7

4

Jun

17%

Dec

15 y8 Apr

24

39% Apr 13
9% Apr
4
19 Va Feb
1

x87 %

Jun

101%

Dec

97

Jan

16

105% May 16

9%

Jan

16%

Deo

12% Mar 18

16 V* Jan

24

18% Jun

30%

Dec

28

38% Feb

6

xl2

9%

Jan

14

22%

Jan

Jun

25%

Dec

11%

Jun

14 %

Sep

X13

16%

Feb

24%

Dec

19

11%

/

Jun

23%

Apr
Jan

17% Not
6% Oct

3%

,

May

15% Feb

3

14

21'A May 22

24 y« Jan

28

27

Feb

27

15 V* Jan

May

9 .;

13% Apr
5% May

6

May 26

24

11

Jan

'* 17%

5"*^

9

Mar 16

7Vb Jun

1

Wabash RR 4%%

4%

13%

13%

133/s

*13%

13%

29%

29%

29%

29%

*29%

30

102

101 %

►101%

*101%

102

*101J/8

38%

38%

38%

38%

38%

38%

383/8

39

38%

38%

5,400

8%

8%

8%

8%

8 3/a

8%

8 3/8

8%

8 3/a

2,800

100
5

.

Warren Foundry & Pipe
Warren Petroleum Corp

No par
3

Deo

107% Jan

17% Jan
50% Doe

35% Jun
104J

:

108%

May

Jan

13

12% Apr 17
45% Apr 11
108

Jan

4

5

22%

223/8

22%

*22%

22%

213/a

221/4

*21%

i

•14%

14%

22%
35

15 3/8

15%

153/a

153/a

Tobacco

Inc

*5%

5%

6%

29%

29%

293/4

30 %

30%

30%

No par

84%

84%

84%

85

85

1

21%

21%

213/4

2134

21%

21%

West Kentucky Coal Co
4
West Penn Electric Co com__Nopar
West Penn Power 4%% pfd
inn

20%

20%

20%

20%

20%

203/4

5

Feb

Dec

7% Jan
x39% Feb

16

Feb

14% Jun

2

33%

Dec

31

Jan

Jan

28

20

Jun

30

53%

Jun

70% Nor

13

98%

Feb

102

Mar

]

73

13

Deo

19% Jan

24% Mar 30
30% Jan

115

Deo

,8

22% Feb

16
20

Feb

27% Apr

71*

13

103% Jan
112

28

Jan

18

30% May 16
27% Feb
4
35% Apr 19
105% Feb 18
28% May 12
115
32

Apr
6
May 31

July

89%

Jan"

81

92 /

May

23% Mar

32%

Deo

30'/a May 22

41

Feb

12%

16%

Deo

15 y8 Feb

21% May 24
47% May 29

Jun

Jan

3
8

18%

Jan

32%

Dec

31

28%

Feb

34

Dec

33% Jan

12

14%

Deo

15

7% May
4%

Jun

*42%

Jun

8%

'

Jan

7%

Jan

12% Feb
5% Jan
48% May

4

3

1
27

35% May 23
17% May 26
7

Feb

20

57 Vo

Deo

4

55% Jan

Jun

12%

Dec

12 y8 Jan

4

14% May 22

70

Jun

79% Not

77V4 Jan

8

82

10

Jun

13%

10 y4 Jan

«

11% Jan 11
22 % Feb 25

14%

Jan

217e

Jan
Dec

128

Jan

140

Not

22

Jun

35

Not

44

Sep

49% July

19% May 12

139% Feb

1

32% Jan

10

47% May

8

Feb

141% Apr

5

27

12

21% May 19

69% Jan

9

76

Jun

76

Not

74

4

86% May 22

66

8%

Feb
Feb

Feb

89
82

12%

Dec

Saturday
'May 27

$ per share

8%

8%

Monday
May 29
t per share

8%

83

Jan

Mar 29

Dec

80

Jan

25

Oct

10% Feb

If

Jan

13

89

May 10
Jan

9

89% Apr 13
13% Jan 28

14

14

523/4

52%

110

111

Tuesday

113%

13%

14

523/4

53

t per share

1,200

1,800
80

$ per

8%

8%

8%

8 3/8

483/4

48%

483/4

*48i/4

483/4

1,100

151/4

15%

143/4

15

6,100

48%
153/4

49

15%

15%

15%

15%

32

32

313/4

31 y*

32

32

*30

*31

32

33%

33%

333/a
€9

69

Western Union Teleg class A_No par
Westlnghouse Air Brake
No par
Westlnghouse Electric com
17%
3.80% preferred series B
100

28%

28%

283/4

29

26%

26%

26%

26%

34%

35

34%

35%

*104%

105%

33

33%

69%

nu

Weston Electric Instrument

12.50

Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com new_No par
$5 conv prior preference
White Dental Mfg (The S S)

*104%

105%

*27%

28

♦116

121

31

31%

27%
♦116

31%

27 V*
121

Shares

share

83/4

15%

49

the Week

8 3/4

...

100

com

$ per share

share

Sales for

Friday
$ per

48%

oy*

*68 3/4

28%

35%

*104%

105 %

DECORATION
DAY

•26%
•116

27 y*
121

200

28%

28ys

27%

261/4

26 i/B

261/4

8,900

353/8

347/8

35%

28,700

*104%

1051/2

*104%

105 y2

•

*261/2
*116

*26'/4

27%

*116

121

28 1

12,300

100

271/4
121

29%

31%

1,800

33%
69

351/8

26%

CLOSED

300

32

26%

29%

26 y*

34%

STOCK.

EXCHANGE

*€83/e

3,600

32

293/4

30%'

30%

91

TH-'.-"

31%

26,300

No par

*89%

91

91

*90%

90

90%

90

90

20

*30%

303/4

30%

32

32%

32%

32

323/a

31%

31%

1,400

1

203/4

20%

203/4

21

21

21 y8"

203/4

21%

20 3/8

207/a

4,300

44

47%

8,300

White Motor Co

White Sewing Machine common—1
Prior preference
20

*90

Willys-Overland Motors

common

45%

453/4

34%

34%

*34%

B

Wilcox Oil Co

16%

16%

16%

1

53/4

5%

53/4

49%

50%

50

13%

13%

133/4

pfd

series A

j*op»r

Wilson & Co inc

common

No par
No par

$4.25 preferred
Wilson-Jones Co

pfd 4%%

conv

series

series

Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co

Z 35

50%

50 3/4

51

*501%

14

13%

14

13%

80

*10%

103/a

*20 Va

20%

*141%

39%

39%

*39

39 V*

48

48%

48

48%

20%

X20

74

*71%

144

*79

10%
20%

*141%

*73
*85

No par
No par

10 3/8

10 3/8

1,500

201%

201/4

20%

3,300

141%

141'/a

10%

IO1/2

20%

201/4

*1411/2

144

•"

500

20

39 V*

39

39 3/a

393/8

40

2,800

48%

483/4

481%

48%

481/4

49%

7,300

20V*

20%

20%

2OV4

20 5/8

20.

20 3/8

4,300

73

72

72%

72

72

85 V*

84

*39

X85y4

85%

*83

843/4

*81%

83

*81%

*84

84

843/4

833/4

84

*84

11%

11%

113/4

12

12

34%

8

5,300

10%

10%

86%

:

2,000

137/a
80

10%

'

20%

IOC

100

50%

13%

80%

144

7,100

80

14

801/4

203/8

57/a

50 Va

51%

80

*141%

8,000

5%

6

80

20 V*

200

15%

15

15%

80

144

110

46

*34%

5%

*79

No par

Prior preferred 4%%

453/4

35

14%

6

10

Common

47

*34%

16%

5%

10

Co

46 3/8

35%

6

100

Co

W)

47%

143/4

16%

lo

com

46%
♦34%

35

10

:

Wisconsin Elec Power Co
6% preferred

Prior

14 y8

53%

June 2

June 1

May 31

33%

conv

190

114

111

*110

110

Thursday

Wednesday

>

May 30

*483/4

Worthington Pump & Machinery
16% Mar 31

Oct

•110

70%

(F

Deo

*107%

109

333/4

Iron

72

68

109%

109

*68 3/8

$4.50

26%

*108

703/8

Woolworth

18%

26

26%

33%

Woodward

Feb

26%

*33%

3

Jun

5,600
9,400

*683/8

8

Feb

20%

109

10

preferred

u«,

19%

100

51

11%

>

racmc

20%

*108

100

Preferred series A

40% May

*59%
65

i

Western

34% Mar 29

Dec

Aug
26% Jan

Western Air Lines Trm

3

Jan

104

Per

Western Auto Supply Co
Western Maryland Ry com

24

Jun

S per share

3

2,000

20

4,900

LOW AND KGB SALE PRICES

STOCK

EXCHANGE

3

21%

108

110

Jan

21%

*107

110

66% Jan

21%

114

14

2nd

910

21%

108

52%

non-cum

843/4

114

14%

4%

30

843/4

*107

52

9% Feb 24

24,800

29%

26%

14

NEW YORK

63/4

30%
85

30%

*84%

108

52

111

1,300

1143/4

14%

•110

6%

15%

26

52%

*107%

.

900
500

22

*107

*14%

109

7%

400

13%

*114

26%

*51%

*107

■>*

X26%

107%

West Virginia Coal & Coke
5
West Va Pulp & Paper com—No par
4%% preferred
100

107%

6%

20%
27

114

*107%

51"% Apr 25
19% Feb 21
35% Mar 22

33

Jun

20% May

21%

13

34%

May

21V*

26 %

113%

100

t per share

Sep

21

113%

6%
%

preferred series C

Highest

41% Dec
16% Dee

8%

26%

113%

u

4.10%

Range Since Jan. 1

$ per share

32 % May

8%

*26

'

f per share

63/4

85

6

109% Mar 24

Lowest

Highest

15

5
com

STOCKS

Year 1949
!

v

rt

15

2.50

Range for Previous
Lowest

1,100

Wayne Knitting Mills
Wayne Pump Co

♦107

18

3,200

27

133/4

100

Feb

20%

133/4

preferred series B

53% May 20

20

133/4

4.20%

16

29

20%

7

110% May 13

160

29"

29

*263/4

23% Feb 25

108

29

133/4

15

101% May
12% Dec

29

26%

18% Apr

Feb 24

29

20%

22% Oct

27% Feb 25

29 V*

13%

Sep

114

*28%

26%

16%

109% Feb

29%

25,400

20%

3

6

*28%

1,400

13%

13%

20% Jan

13

13%

203/4

Jan

18

133/8

26%

23%

23 V* Jan

14

20%

Jun

111% Jan

13%

26%

$4 convertible preferred
West Indies Sugar Corp

107% May

14%

IO2V2

13%

--

xl3%

Wesson Oil & Snowdrift

Jan

14 %

16

102%

IO2V2

13%

30% May 31

not

16

16%

102%

26%

85% Apr 18
23% Jan 18

25% Dec

16

16 Va
103

20%

1J

108%

16
102 3/4

14%

14

20%

24% Jan

115

16%

1037/®

8%

26%

83% Feb 28

Sep

*103%

102

*13%

Deo

Apr

16

16%
104

101 VB

8

Jan

14% Jan

*16

*103%

102

Waukesha Motor Co

Washington Gas Light Co__—Nopar

84%

104%

1

;

5 % % preferred
Warner Bros Pictures

Webster

10

101%

Ward Baking Co common

27%

107

*

800

1,100

100

16%

,

13%

29%

100

52

13%

No par

G & W

Jun

78

/

*51

13%
29

Co

July

X19%

i

51

13%
29%

.

(Hiram)

Walworth

51

13%
29%

100

2.50

preferred

Walker

52

No par
No par

preferred
System
Walgreen Co common

Waldorf

35

34%

843/4
84 ya

♦81%

73

660

84%

84%

85%

430

843/4

*811/2

843/4

*831/2 •84

83%

84

12

11%

■12

353/4

34%

35

*72i/o

-

700

12

121/4

1,300

343/4

Y
19%

Jun

30%

Dee

27

Jun

12%

Jan

30% May

39 %

Jan

10% Feb 10
36% Mar 14

35% May 3
14% May 19
43 y4 May 29

26% Jan

4

33% May

72% Jan

13

94% May 26

11% Jan

8

15% May 26

31% Jan 13

70% Apr 14
6% Apr 22

8

16%

Jun

28%

Nov

53%

Jun

77%

Dec

10%

Jun

20% July
3% Feb

14% Jan

33%

Dee

4%

Oct

4% Jan

dividend* 8y Ex^rightaPrle<*: 00




«

6

Yale & Towne

Mfg Co.

York Corp common

4%%

convertible preferred

343/4

5,400

i

13%

13%

13%

13%

13%

13%

13%

14%

13%

13%

3,500

50

*42%

43%

43%

43 V*

►42%

42%

42%

42%

-42 Va

42 V2

X32%

33

32 V*

32%

32

32%

32 y8

32 V*

93%

90%

92%

91

92%

91%

92%

15%

15%

15%

15 v*

15 y2

15%

153/8

1,100

55

55%

58%

57%

59%

56%

57%

16,200

Young (L A) Spring & WireJNopar
Youngstown Sheet & Tube
No par
Youngstown Steel Door
No par

33

33%

93%

94%

153/4

15%

Zenith Radio

53%

53%

53

5%

*5

Corp

Zonite Products Corp.

5

92

♦15%

35

35%

5%

00 thla day. tin receivership, or petition hat hew Hied for company* reorganisation,

5

a Deferred dettvery.

5%

5

5y.

1 Ouch sale, s Special sales,

5

5

500

5,100
r

11,400

2,200

wd When distributed. *1*-

'

Number 4913

Volume 171

...

(2321)

The Commercial and Financial Chronicle

Bond Record

New York Stock Exchange

«»
FRIDAY

The Italic letters to the

WEEKLY

-

"Interest Period"

column headed

YEARLY

-

indicate in each case the month when the bonds mature.

Figures after decimal point represent one or more 82d

of a point.

______________________________

LOW AND HIGH SALE PRICES
*

GOVERNMENT

Range for Preriens
Range Since Jan. 1

Tear 1949
Lowest

Highest

Lowest

Highest

103.28

Dec

103.28

Jan

108.13

Jan

108.4

108.4

1

May

May

2%s
2%s
2%a
2%a
2%s

Treasury
110.23 Mar

111.10 May

1

Treasury
Treasury

1

110.23 Mar

2Vis

^Treasury

Low

S: High

Low

High

Lew

High

*102.20

102.22

102.21

♦102.19

♦108.7

108.10

*108.7

108.10

*108.6

108.9

•103.4

108.7

•101.28

101.30

*101.23

101.30

•101.27

101.29

♦101.27

101.29

*101.27

101.29

•109.19

109.22

*109.18

109.21

•109.18

109.21

♦103.18

109.21

*109.18

109.21

•111.18

111.21

♦111.18

111.21

♦111.13

111.21

•111.19

111.22

*111.18

lli.21

113.23

•113.21

113.24

•113.20

113.23
100.17

*102.19

.

1950-1952

113.23

*113.20

113.22

•100.16

100.18

*100.16

100.18

•100.15

100.17

•100.15

100.17

*100.15

102.4

*102.2

102.4

STOCK

•102.1

102.3

*102.1

102.3

*102 1

102.3

EXCHANGE

2%s_

.1952-1954

•102.2

104.9

Feb

104.9

Feb

Treasury

2%a_

.1966-1958

•105.6

105.8

*105.4

105.3

2%s_

.1962-1967

•103.21

103.23

*103.21

103.23

Oct

Treasury
Treasury

2%a_

.1963-1968

♦103.2

103.4

*103.2

103.4

103.8

101.13

100.18

Jan

103

Jan

100.13

105.4
102.30

105.11

103.9

Jan

101.8

102.7

101.21

*101.17

101.19

105.10

*105.9

105.11

♦105.8

105.10

*105.7

101.21

*101.19

101.21

•101.18

101.20

*101.17

101.19

105.9

•101.19

101.21

*101.31

102.1

*101.31

102.1

*101.30

102

*101.30

102

*101.30

102

.1952-1955

•101.26

101.28

*101.25

101.27

*101.25

101.27

•101.25

101.27

*101.25

201.27

.1954-1956

2%»_

Treasury
^Treasury

Dec

104.26

*104.23

104.23

•104.23

104.26

*104.22

104.25

*104.20

104.23

♦104.4

104.6

♦104.3

104.5

*104.3

104.5

♦104.3

104.5

•104.1

104.3

1959-1962

Jun

♦104.23

1956-1959

Treasury

•101.19

101.21

*101.19

101.21

•101.20

101.22

•101.20

101.22

*101.20

101.22

101.13

•101.18

101.20

*101.18

101.20

*101.18

101.20

100.11

♦100.8

100.10

•100.8

100.10

*100.8

100.10

ioi

♦100.29

100.31

*100.29

100.31

1959-1962

•101.17

Sep 1950-1952

Treasury

Jan

102.8

•102.5

101.20

1967-1972

Dec

2%s_

-.1951-1963

Treasury
Treasury

Jan

101.8

♦102.6

102.8

*101.18

.1951-1953

2%s

Treasury
Treasury

9

102.9

101.21

DAY

*101.19

Treasury
101.17 May 24

,

*102.6 '

•101.19

*105.8

101.21

•105.9

Jun

101.3

Feb

100.17

♦102.7

102.8

*101.19

•101.19

1967-1972

Sep

102.9

*102.6

*102.5

1967-1972

1

*102.7

102.7

*102.6

Sep

102.18 Feb

102.8

102.8

Jun

1

103.4
-02.20

102.13

•102.5 V, 102.7

2 Vis

102.18 Feb

*103.2

*102.11

*102.6

2 Vis.

Aug

103.5

102.14

.1966-1971

2%s_
2%a_

Treasury
Feb

*103.3

102.21

.1965-1970

Treasury
Treasury

Treasury

102.30

103.25

103.5

*102.12

102.13

25

102.23 Feb 24

106.5

*103.23

*102.19

DECORATION

102.20

*102.11

102.14 Apr

2

*10o.3

103.25

102.15

*102.18

102.13

25

101.23 May

Aug

105.6

*103.23

102.21

102.20

•102.11

25

Aug

103.19 Dec

Jun

100.28

102.14 Apr

Jun

103.2

Feb

101.7

*105.4

103.25

*102.13

•102.18

1964-1969

Treasury

101.12 Feb

105.6

♦102.19

1964-1960

2 Vis

.

CLOSIsO

*102.18

Dec

2%s

25

Treasury
Treasury

102.19 Apr

*105.4

•103.23
*103.3

-Jun

Treasury
102.19 Apr

July

•102.19

•113.20

Treasury

July

102.21

♦113.20

Jan

103.8

102.21

102.22

102.31

104.15

Bonds ($)

High

108.10

Jan

Mar

Low

High

•108.7

102.31

102.1

the Week

June 2

June 1

Low

High

Sales for

Friday

Thursday

May 31

May 30

•102.20

1951-1958
1965-1900
1951-1254
1960-1959
1968-1903
1960-1905

Ss

Treasury

1

Treasury
111.10 May

Low

EXCHANGE

Treasury

Dec

108.13

v

May 29

May 27

Wednesday

Tuesday

Monday

Saturday

BONDS

NEW YORK STOCK

1951-1955

100.11

*101.17

101.19

•100.9
♦100.30

'*100.9
*100.30

100.31

*101.1

100.31

•101.1 x 101.3

♦100.30

101.3

•101

101.2

•101

101.2

*101

101.2

-Tun

•101.10

101.12

*101.10

101.12

♦101.10

101.12

♦101.10

101.12

*101.10

101.12

Treasury

2a

nee.

•101.18

101.20

*101.18

101.20

♦101.18

101.20

*101.18

101.20

*101.18

101.20

Treasury

2s

•102.31

103.2

*102.31

103.2

*102.31

103.2

•102.30

103.1

*102.30

103.1

•100.5

100.7

*100.5

100.7

101.18 Feb

Feb

101.18

7*

:1953-1955

IVia.

Treasury

International

Bank

100.7

♦100.5

1950

•100.5

100.8

*100.5

100.7

103.16

for

Reconstruction k Development
*103.12

103.16

♦103.14

103.18

101.4

*100.23

101.4

•100.28

101.4

*100.28

101.4

•100.28

101.4

•101

101.8

*101

101.8

•101

101.8

*101

101.8

•101

101.8

•100.28

101.4

*100.28

101.4

•100.28

♦100.16

100.24

*100.16

100 24

♦100.16

100.24

•100.24

101

*100.24

101

♦100

100.12

*100.8

100.20

*100.8

100.20

25-year 3s

9

2s serials of '50 due Feb 15 1957

•100

*99.20

100

*99.20

2s serials of '50 due Feb 15 1959

•98.28

99.8

2s serials of '50 due Feb 15 1960

•98.8

98.20

*99.20

100

•Bid and

tCalled

redemption

♦98.28

99.8

♦98.28

99.8

*98 28

93.20

♦98.8

98.20

*98 8 * 98.20

*98.8

*97.24

93.4

*97.20

98

*97.20

98

*97.20

98

•97.16

97.28

♦97.18

97.28

•97.24

98.4

*97.24

•97.20

98

*97.20

93

RANGE

BONDS

Interest

Last

New York Stock Exchange

Period

Sale Price

FOR

'

or

Bid A Asked

Friday

High

fJan.1
Low

No.

Interest
Period

Exchange

New York Stock

Last

Bale Price

844s series No. 10

Corporate Stock 1930

109 A

39

109 A

109

108& 110

June-Dec
June-Dec
June-Dec
June-Dec v „
June-Dec
June-Dee
76
June-Dec
__
June-Dec
June-Dee
78
June-Dec
June-Dec
June-Dec
June-Dee'
__
June-Dee
June-Dec
June-Dec
June-Dec
June-Dec
June-Dee
78
June-Dec
June-Dec
June-Dec
J<or-toept

844s series No. 11
344s series No. 12
344s series No. 13
844s series No. 14

844s series No. 15
344s series No. 16

344s series No. 17
8%s series No.

18

844s series No. 19

Foreign Securities

844s series No. 20
8V4s series No. 21

344s series No. 22
844s series No. 23

844s series No. 24
344s series No. 25

Wertheim & Co.

844a series No. 26

Teletype

Members New York Stock Exchange

Telephone

-

344a aeries No. 27
344s series No. 28

NY 1-1693

Broadway, New York

120

REctor 2-2300

344s series No. 29

844s series No. 30
Brisbane

(City)

sinking fund 5s 1957

Sinking fund gold 5s 1958

Feb-Aug

Sinking fund gold 6s 1950

J»ne-Dee

Agricultural Mortgage Bank (Colombia)
lAGuaranteed sinking fund 6s 1947

Feb-Auy
AGuaranteed sinking fund 6s 1948
dpril-Oct
Akershus (Kingdom of Norway) 4s 1968
War-Sept
SAAntloqula (Dept) collateral 7s A 1945___Jan-July
{AExternal sinking fund 7s ser B 1945—Jan-July
(AExternal sinking fund 7s ser C 1945—Jan-July
(AExternal sinking fund 7s ser D 1945_Jan-July
AExternal sinking fund 7s 1st ser 1957
April-Ocf
1957-Aprll-Ocf
1957_April-Ocf

75

*76%

♦52%

AExternal sec sink fund 7s 2nd ser

AExternal sec sink fund 7s 3rd ser

30-year 3s

s

Antwerp (City)
Australia

Jan-July
-June-Dec
Jan-July
Feb-Aug
-June-Dec
June-Dec
June-Dec
Feb-Aug
Jan-July
June-Dec

f t bonds

1978
external 5s 1958

(Commonwealth)

5s 1955

10-year 3%a 1956
10-year 3Vis 1957

20-year 3%s 1967
20-year 3%s 1966
15-year 3%s 1962

Belgium

(Kingdom of)

6s 1955—

External sinking fund 7s 1955
1A Brazil

Stamped
AExternal

to

s

Stamped

f 6%s of

to

s

Stamped
reduced

to

Plan A

to

3.375% )

pursuant

June-Dec

(Interest
April-Oct

1926 due 1957

f 6Vis of

to

due

Plan A
1979

1952.

pursuant to Plan A
1978

53%

52%

52%

——

♦52%

—

38%

6

38%

103%

98%

97%

53

40%

101%

26

104 %
104

102

70

98%

103

103

54%

35

12

101% 102%

38%
■

—

•

53

46%

1

54 %

47

—

53

46%

—

52%

52%

■

46%

——

55

♦52%

53

46%

■

*52%

541/4

46%

2

96

46%

—.

77%

93%

*95%
*52%

94%

98%

941/4

97i/2

97%

97%

97%

17

883/4

973/4

97%

97%

93

53

90

98

96%

95%

96%

27

97%

107%

58

97%

97%

♦89

—

69

69

69

*84%

114%

—

73

12

53

65

5

73

AOs

Feb 1961

1961

assented Feb

ARy external sinking fund 6s Jan
AOs assented Jan

AExternal sinking
AOs

A6s assented

76

75%

65

•75

78

12

78

'

75

78

78

65%

*75

•

75%'

64%

•74

74

63%

85

85

63%

643/4

1?

53

80

80

80

1

70

80

78%

78%

1

65%

78%

63%

76 %

64

76%

76%

29

*73%

—,.

„

*73%

77

75%

90

90

1

76

30

64

73

78

♦77

——

—.

66

*77
•77

'

■

65

'

70%

70%

7

57

71%

67%

673/4

3

51%

70

67%

81

(interest
June-Dec

—

3%s series No. 2

June-Dec

l%i series No. 3

67%

85

♦80

June-Dec

e76%

653/4

77

77

20

65 %

77

77

6 5 V2

77

82%

82%

6

65%

83%

79

1

73

78

77

2 "

77

t%s series No. 4

June-Dec

2%s series No. 5

June-Dee

3%s series No. 7

June-Dee

78

344s series No. '8

June-Dec

'77

——

•"

*

1

•

101 %

104 %

4

99 33

101%
40%

39

107%

101%

101% 101%

21

101%

103

106

60

*55

*49

-

„

*38

*

—

•49
2

•49

28%

34%
48

*49

'

'

-i.—

'

33%

36

6

'

—

36%

37
48

1

28%

36
46

28%

38%

46%

'

•49

36%
48

28%

45 %

1

36

36

28%

36%

b

37

36%

36%

47

36%

363/4

36%

*49

50

Broad

St.,

•

.

67%

77%

60

40%

36%

11

35

36%

38%

38%

46%

28

36%

SECURITIES
MARKETS

r-ABL MABKS 4 P.O. WC.

Telephone HAnover 2-005i

65

104%

102%

FOREIGN SECURITIES

77

14

e76% e76%

78

101%

99 S3

*38%

70

4

104

104

78

1

1033/8 1033/s

Financial inatitutiono

FIRM TRADING

%

65

90

.

>

74

68

77%

♦75

106

April-Ocf
April-Oct

FOREIGN

65

90

For

72%

67

*76

100%

fund 6s Sept 1961—Mar-Sept
1961
Mar-Sept

fund 6s 1962

78

63%

64%

7

22

Jan-July

1962

77

.27

assented Sept

AExternal sinking

76

106%

1981_Jan-July

1961

66%

80

75

75

100% 101%

April-Oct
Feb-Aug
Feb-Aug

85

63%

85

June-Dec




AExternal sinking fund 6s

•76

•75

76%
65%

66

*77

63%

86

63%

3%s series No. 1

33.

1960

70

April-Ocf

(Interest
April-Oc#

funding bonds of 1931 due 1951.
Stamped pursuant to Plan A (Interest
reduced to 3.375%)
1979
-Aprll-Oc*
External dollar bonds of 1944 (Plan B)—

page

assented

76

67%
«...

91%

553/4

5

§%

For footnotes see

A 0s

__

High

100%

May-Nos
April-Oct

IA 7s assented 1942
AExternal sinking fund 6s 1960

79

•77

116%

75

June-Dec
1957

(Dominion of)

69%

107%

—

86%

30-yr 3s s f 8 bonds
4s 1960

(Dept of)

Canada

Jan. 1
Low

96%

106

3

115% 115%

—

89%

4

107%

107

—

April-Oct

-June-Dec

reduced 3.5%)

71%

*76%

■

76%

'

(interest

1979
1927

3.375%)

(Central Ry)

Stamped

1978

3.5%)

pursuant

reduced

AExternal

Plan A

to

pursuant

reduced

A7s

external 8s 1941

(U S of)

1978_Jan-Jtily
April-Oct
28-year 3%a 1961
Jan-July
28-year 244s 1974
Mar-Sept
A Carlsbad (City)
8s 1954
Jan-July
Cauca Val (Dept of) 30-yr 3s s f $ bds 1978-Jan-Jnly
IA Chile (Republic) external s f 7s 1942
May-Noc

Oaldas
—

No.

79

•77

Range Since

Sold

High

9938

Foreign Gorernment and Municipal

Bonds

Friday's

or

Bid A Asked

*77

144a series No. 9

rune-Dee

Week's Range

Low

High

Issue—

98.20

2

bonds

Range Since

New York City

S%

ENDED JUNE

1

Bends
Sold

Friday's

99.3

1950 at par).

Week's Range

Low

Transit Unification

WEEK

100

99.3

28 serials of '50 due Feb 15 1962

Friday

r

*99.20

100

♦99.20

;;

*98.28

98.4

No sales transacted this day. a Odd lot transaction, r Registered bond transaction.
(2Vis due Sept. 15 1950-52, Sept. 15, 1950 at par) (2s due Sept. 15, 1950-52, 8ept. 15,

asked price.

for

100

101.4

♦100.28

101.4

•100.28

101.4

*98.8

v

2s serials of '50 due Feb 15 1961

96.24 Mar 23

103.16

100.12

•100

100.12

2s serials of '50 due Feb 15 1958

96.24 Mar 23

55.000

103 16

103/6

103.16

•100.28

2s serials of '50 due Feb 15 1955

103.18 Jan

16

Feb

•103.12

28 serials of '50 due Feb 15 1956

103.7

103.16 Dec

Jan

1972

2s serials of '50 due Feb 15 1953

2s serials of '50 due Feb 15 1954

99.11

SPECIALISTS

New York 4, N. Y.
Teletype NY 1

-971

29

30

(2322)

"

.

The Commercial and Financial Chronicle

v

...

Monday, June 5, 1950

NEW YORK BOND RECORD
RANGE

V

Interest

BONDS

Last

or

Low
Chile

(Republic)

*49

—May-Nov

*38

assented

AChllean
A

7s

Consol

*48

28%

33%
49'%
33

*49

36%

44

May-Nov

*33

28%

34 VB

Mar-Sept
Mar-Sept
June-Dec

*49

39

40

28%

33%

37

May-Nov

Municipal 7s 1960
1960

*38

April-Oct

85 Vi

Jan-July

*85%

47

Oct 1961_

1927

Jan

1961—

(Republic of)

Cundlnamarca

4 Vis external

(Dept

6% )

assented

extended

Greek
*

90

ASilesia

82%

12

72%

87

A4'/2s

29%

45

19%

29%

39

50%

114

Sydney

50

55

9

98% 100

40%

90%

County

Jan-June

100

100

48

85%

97 Vi

4-414-41/28

14

75%

921/4

3'/2s

s

f dollar bonds Jan

(Republic

of)

7s

1

Valle

Jan-July

—

73%
49'/a

55

15

11%
9%

part paid

1964

A6s

part paid

1968

I

80

55%

10%

10%

10%

2

*9'%

10%.

L-i.

72

—__May-No®

72

72'%

■

Free

Italian

(City)
State

external 6Vis

extl

(Republic)

extl

■

fund

sink

f

s

1%

to 3 %

#A7s

series

Italian

5s

l-3s

1960

1977

Public

Mexican

mm

*101'%

9

7

Del

3%

to

1977

1952

Jan-July

(Colombia)

f $

s

Jan-July

6Vis

June-Dec

7s 1957

ApriZ-Oct
June-Dec

1978_.

bonds

1954

—Jan-July

Irrigation—

A4%s
ANew

3'/2s

Mexico

68
87

88 '

*71%

72'%

67'%

73%

84'%

84«%

84 '%
*

5

80

85%

67

73'%

82

85

66

72'%
—

„

*70'%

71'%

10%

11'%

10%

May-Nov
*

June-Dec

—

11

73.

11%

9%

14%

9%

12

fund 6s

6'%
*95'%

1946

14'%

I860-.

96

9

96%

92'/2

——

„

14

6'%

—

—

134%

—

134%

*121

—

May-Nov

May-Nov
1978—June-Dec

—

readjustment

readjustment

1

"134%

May-Nov

1979—

1979:

10

6%

-126

Feb-Aug

fund 6s 1964——May-Nov

external

'

13'%

.Jan-July

1957—

external conversion

1978

90 Vz

90 %

90%

82%

92

88

88

83

1

86

92'%

87

83%

7

81'%

93

92 %

2

86'%

95

79%

80'%

Feb-Aug

92%

Jan-July

1984

Valley (Dept of)
(City) external 7s 1958

assented

*79 '/4

31

81

Feb-Aug

12

Feb-Aug

1958

40%

38%

111

43

36'%

37%

—

--

104

—

37%

36'%

-M —

34%

—

38

Albany

41%
62

82

35

6

62

61'%

71

10

7

5%

5

11%

Airlines

American

7%

1

46%

4

35

3'/2s

RR

4%s

40'%

1980

2%s

deductions

2%s

debentures

5%

6%

1975

-

1986

Large

1

3s

A

A

agreem't)

1945—Quar-Jan

A

(1942 agree't)

*11%

1963—Jan-July

_

*11%

1904

(1922

assented

agreement)

A4s new assented

|A4s

of

1910

1954

(assented

11%

to

~6

1922

~6%

10

5'/a

8

A48 new assented

(1942 agree't)

*9%

agreement)
ASmall

(assented

to

_9%

9%

1963—Jan-July
—

9%

1%
20

7%

agree't)

12

April-Octi

57

57

2

56

Mar-Sept

to

*48

—

—

—

11%

20

May-No®

fund 4V4S 1965_

(Republic)—
AStamped assented
Stamped mod 3Vis

100%

to

~5

99'% 100
99%

Plan

extl

loan extl

s

A

external 7s
f

6s

1st

series

61%

100%
103

102% 102%

1

117%

117% 119'%

104

109%

120%

106

106

106'%

29

105%

106%
130%

__

101'%

417

115%

41

100'%

103

103%

21

103

104'%

104%

104% 105

41

104%

105%

July

1995

Quar-Jan

1966

ApriZ-Oct

__

101'%

*80
.

84

76%

85

*81

__

83%

80

84

2.

July

1995

l

127

33
4

131%

119%

121%

Air Line Ry—

102%
__

20

103

104'%

103

103'%

31

102%

104 %

102

103

16

102

103

*101

103'%

104

102

101%

102%

assented

96%

10

95%

1

96%

14

99%

93%
92

99
.

98

——

98% 100

9

100

*95%
103

(City of) —
stamped pursuant

stamped

pursuant

(interest reduced to
2.25%)
lARlo de Janeiro

(City of)

pursuant

to

Plan

to

Plan

6Vis
to

2%)

Jan-July

2006

loan

pursuant

1926
to

Plan

A

June-Dec
(interest




3%%
due

J

Dec

1995

1

income Feb

69%

69%

54

65'%

74%

47'%

47

47%

220

45'%

53%

85%

85%

'4

85'%

89%
71%

2010

1

5%

dlv

mortgage

First

99%

lien

and

—

A

ser

(3% % fixed & 1'%% conting int)
Toledo Cincinnati division

99

M

D

66%

68

38

65'%

76%

76%

19

76

82

Jan-July

series

4s

—

86'%

86'%

88%

12

86'%

93

Jan-July

ref

87

87

88'%

1980_Jan-July

1985_Jan-July

66

Bangor & Aroostook RR—

103

Consolidated

Bell

96'%
44

refunding 4s

stamped

1951

1951

Extension

first

3'%s

1951

ApriZ-Oct

Telephone of Pa 5s series C

1960

-April-Ocf

Beneficial

105

44

first

May -Nov

Industrial

Bethlehem

Steel

Loan

2'%s

debs

1961_May-Nov

*100%

2%s

I

1970

Jan-July

mortgage

2 %s series J

1976

May-ZVov

1979

Jan-July

105

*75

series

38

29%

Boston

22

29'%

First

101%

28'%

%

7

mortgage
Maine

3s

series

K

29%

First

mortgage 5s

8%
7%

3

7%

2

8%

First

mortgage 4%s series JJ 1961

7%

7%

7%

7'%
14

8%

7%
7'%

9%

37%

series

II

1955

*39

40Vi

*37

40

40%

33%

*54

*39%

*—

77'%

•

•

w—

38

55

37%

.

•

105%

/

83

75

102'%

102

__

77%

70%

70%

71'%

11

70 %

73

45%

45'%

46%

35

45%

56%

ABreda

50%
—

*102'%

May-No®

—April-Oct

mortgage
4s
series RR
1960
Jan-July
mortgage 4%s series A July 1970—May-No®
(Ernesto) Co 7s 1954
Feb-Aug
Bristol-Myers Co 3s debentures 1968—
ApriZ-Oct
Brooklyn Union Gas 4s debentures 1969—Mar-Sepf

10

2

102

104

1

AInc

9

4

101

105

102%

First

15'%

7%

99%

99

100'%

RR—

.22%

"

122'%

—

15

101% 101%

*100'% 101%

mortgage series 5s AC 1967—— Mar-Sepf

&

100%

121'%

Corp—

mortgage

Consol

93

100%
13

*99'% 100

—

87

13

__

121'/a 121%

Consol

22%

?

mortgage 2%s 1976
Niagara Eiee first mtge

Buffalo

Rochester

Stamped
Bush

&

modified

Terminal

Co

Pittsburgh
4'%s

first

5s

—Jan-July
2%s 1975-May-Nov
Ry—

1957

4s

May-Nov

1952,

59

59

104%

105 %

102

105'%

101'% 101'%

100%

102

101'% 101%

101'%

*104

105

*104% 105'%

101'%

65 %

66

27

66

62

101%

*101% 102

ApriZ-Oct

1955

103%
„

69

102 %
100

100

7

98

106'%

4

106

106 Va

103%

105

104 %

105

103% 104 %

15

100

104%

114V4 114%

11

Jan-July

99

ApriZ-Oct

106

41%

Bush

Terminal

Buildings

50

37 y«

50

44%

37%

32

37%

California

Electric

Oregon

54

61%

Canada

38%

46%

43%

491/4

5s

gtd

1960

50

36%
♦61

*44

*48%

51

-37

"55

37%

Guaranteed

gold

Guaranteed

gold

4'%s

37

—

55%

Canadian

34%

42%

__

3s

1976

34

39%

Pacific

conv

debs

4s conv

k*104'%

May-No®
April-Oct

1957_

103%

Jan-July

1955

June-Dec

1956

4%s 1951

__

114%

116%

112 Va

13

112

114 %

112'% 112%

112%

Feb-Aug

13

112 Va

114

7

103%

105

54

100

105%

5

74

85%

32

83

106%

112

—Mar-Sepf

103%

103% 103%

Jan-July

105'%

104% 105%

Ry—

debenture

series

June-Dec

5s A 1962

Capital Airlines, Inc—
4s

*41%

4'%s
4%s

31%

A

June-Dec

gold

Guaranteed gold

4%
*41 y3

lirst

Power 3%s 1974_a

48%

(interest
June-Dec

Power

Southern consol gtd
Canadian National Ry—

Guaranteed

1966—May-No®

—

33

69%

May

mortgage 6%
(2%%
contingent interest)—

S'western

99%
100

102

(interest

to 2.2S%) 2004
stamped pursuant to Plan
(Interest reduced to 2.25%) 2004
page

and

California

reduced

see

general

June-Dec

.....

April-Oct

1967

For footnotes

and

1995

31

__June-Dec
due

64%

Mar-Sept

1

1

(interest

2012—
of

64'%

56

.Mar-Sept

1996

fixed

100

88'%

7%

7%

Feb-Aug

A

65'%

55%

74

2000

1

Dec

2

7%

April-Ocf
(interest

April-Oct

Plan

56 '/a

45

59'%

l

March

Consolidated

1999
to

76

59'%

59

March

due

28'%

7%

Jan-July

sinking fund gold 1968

pursuant

reduced to 2%)

60

59

59%

due

due

100

103
—

*13

April-Ocf

A

59%

59

G
K

Buffalo

Feb-Auo

Plan

59%

interest)—

100%

.

(State of)—
iA8s external loan of 1921 1946
to

98

—June-Dec

contingent

General

2012

to 2.5%)

3%

Virginia—

A

Bio Grande do Sul

pursuant

and

Series

■

A

94

91%

Series M

A

1953
Plan

96'%

—

"

Jan-July

Plan

2001

Stamped pursuant

88%

30

Pittsburgh Like Erie & West
Refunding 4s series A 1980

95

■

106

*7%

April-Ocf

2001

A

31

92%

28%

28

Jan-July

to

89

91'%

28%

ApriZ-Oct
1947-

1950

to

88%

92%

28

April-Oct

8s 1946

2.375%)

secured

;

*37%

28%

Aprll-Ocf

Alegre

to

*44

June-Dec

1963

(interest reduced to
2.375%)

89

Consol

_Mar-Sepf
Mar-Sepf

1960

7s

A4Vis assented 1968
AExternal sinking fund
gold 8s

Stamped

99%

127% 129%

Series

37

25

*99%

s f 6s 2nd series 1961—_April-Ocf

lABtabilization loan sink fund

external

7

100'% 101'%

mortgage

fixed

(interest

1959

APoland (Republic of) gold 6s 1940
A4 Vis assented 1958

Stamped

97%
115%

99%

103'%

contingent Interest) July 1975_April-Oct
Refunding and general mortgage 5% (2%

49

98 %

_June-Dec

2008

A«s external

95%
107%

104

38%

99 % 100

May-Nov
1994

to

reduced

11

337

104

4s

Beech Creek

1963

pursuant

(Republic of)

Stamped

99%

96%
114'%

127% 127%

4s

5s
ext

reduced to 2.125%)

reduced

96%
113

119% 120

—

32

99% 100%

April-Oct

External secured ref 3%s series B
1967—Mar-Sept
7s 1947
_Mar-Sept

reduced

101%

75

100'/4 100%

Santa Fe—

A4%s convertible

lAPernambuco (State of)

Stamped

99%

100'%

127%

Panama

AExternal

100%

Baltimore & Ohio RR—

13%

49

—

*37%

sinking fund external loan 1963
Feb-Aug
8Vis sinking fund external
1957—______ApriZ-Oct
Municipal Bank extl sink fund 5s 1970—June-Dec
Oslo (City) sinking fund
4Vis 1955
April-Oct

1966

99%

120

.13%

33

*49

Mar-Sepf

4s

TVis

73

May-Nov

Ref
*37 %

1956—__Mar-Sept

External sinking

1961

99%

127%

Series

2.125%) 2008
Netherlands (Kingdom) 3%s 1957_
Norway (Kingdom of) 4%s

Porto

99%

100%

and 1%

13%

Stamped pursuant to Plan A (interest
reduced to 2.125%) 2008
___Mar-Sepf
ASecured extl sinking fund 6Vis 1959
Mar-Sepf
Stamped pursuant to Plan A (interest

,

99'%

99%

B

9'%

—

♦13'%

1963—Jan-JuZy

1952_

(State) —
ASecured etl sinking fund 6Vis 1958

loan

4s

5s

89%

Feb-Aug
April-Ocf

gold
Co

65

June-Dec

mortgage 4s series A July 1975
April-Oct
First mortgage 5%
series B (4% fixed

13 '/a

6'/as

Minas Geraes

ANat

100%

99'%

1962—ApriZ-Oct

3s

~9%

Jan-July

assented (1942

8tamped

1959

debenture

1995

4s

June-Dec

_June-Dec

First

—

(City of)

,

1922

1933

ASmall

APeru

100%

__

95'%

agree¬

ASmall

reduced

90%

98

Aprll-Ocf

First

6%

79

101

Jan-July

lATreasury 6s of 1913

AMllan

first

Stamped

9%

June-Dec

1968—Jan-July

1945
ASmall

new

Co

Atlanta & Charlotte

9%

—

—

11

91'%

33%s 1963——,
May-No®
Atlantic Coast first consol 4s July
1952__Mar-Sept
General unified 4'%s A 1964—
—June-Dec
Atlantic Refining 2%s debentures 1966
Jan-July

12
11

to

due

(1942 agree't)

ment)

A6s

10

11

12%.

*11%

___

ASmall
A4s of

Arbor

June-Dec
1957

1969

P W Products

General

—

assented

new

Large

*101%

__

104%

74

100%

9S%

99%

1971

Tobacco

Atchison Topeka &

ASmall
A5s

(1922

Large

91'%

__

April-Oct

debentures

debentures

debentures

Ann

IA5s assented

103'%

„

86

*99% 100%

96%

1973

convertible

American

ASmall

107

*79

„

113'/a

1987

2%s

Quar-Jan

104%

105%

*104

__

__

June-Dec

1961

debentures

convertible

3'%s

r

"

—

1945

60

104%

105% 105%

—Jan-July

1982

3%s debentures

1968

(Republic of)

A

6%

Feb-Auy
ApriZ-Oct

debentures

2%s debentures

6%

June-Dec

—

2%s debentures

1968—Jan-July

1966

Corp 3%s s f debs 1964—May-No®
Foreign Power deb 5s 2030—_Mar-Sept
& Telegraph Co—

2%s debentures

1943—May-No®

agreem't)

60

*104 % 104%
__

Bosch

2%s

(1942

COMPANIES

May-Nov

1972_Jan-July
1975
April-Ocf

debentures

3s

&

54

38%

1967

Telephone

16%

53

38 %

38%

11%

52'%

INDUSTRIAL

ApriZ-Oct

3%s

Susquehanna

American

8

AND

1952

mortgage

first

American

63'%

11%

—

Power

&

7s

Southern

Alleghany & Western 1st gtd 4s 1998
April-Ocf
Allis-Chalmers Mfg 2s debentures 1956—-Mar-Sepf

41'%

58%

63

—

Great

American

——

——

—

Adriatic Electric Co

Alabama

59

—

RAILROAD
A

Alabama

1943_.

iA5s of 1899 due

?»

1962

external 8s

11%
103

•

(1922 agreement)

small

assented

ASmall

A7s

77

77

Cauca

A4%s

72'/a

62'%
101'%

•

39%

40%

Jan-July

1%

|A4%s assented

>■

75'%
65

90

June-Doc

2%s convertible

(to

*74

April-Ocf

1958—

7s

(dollar bond of 1937)

external

A Warsaw

63

Utility-

7s

80-year 3s

Jan-July

Mar-Sept

Altaly (Kingdom of) 7s 1951
AJugoslavia (State Mtge Bank)

■

•

56

See Cauca

Works

1947

Credit Institute

AMedellin

May-No®

1977
B

-AExternal

Feb-Aug
April-Oct,

1960

Italian Credit Consortium for Public

v

72

1

—

Government—

A7s

■%'

75'%

68

13'/a

*54

*10%

—

57

11 %

*63

Jan-July
Jan-July

1976

1976

1967

external

Council

3%-4%-4/gS

87%

*79%

2

64%

May-Nov

readjustment

96%

Jan-July

63

(Kingdom; —

conversion

96

1976

61%

—

,

2012

1962

External

86%

1

A

1958

sinking
sinking

AExternal

87 Vi

Jan

High

56

—

A

2004—Jan-July
Jan-July

1968

external

(Republic)

96 %

bonds

of)

assented

SAUruguay

3

51

„

A

2%)

External

April-Oct

1

53

'

35

39

Low

(interest

A

Plan

to

external

(Prov

Feb-Auy

dollar

Helsingdors
Irish

77%

28%

39

to

series B secured

48%

5

109

*62

Jan-July

Plan

1999

2.25%)

loan

A 7s

48%
36 '%

*110% 113

"to

Plan
to

reduced

secured

82 y4

82%

dollar

pursuant

A8s

86%

75'%

May-Noc

Plan

to

Serbs Croats & Slovenes

to

.

1955

f dollar bonds Jan l

s

53

external

Jan. I

No.

(interest

Jan-July
to

reduced

(Interest

Range Since

Sold

—

pursuant

Stamped

68

68

1957—May-Nov

A

2012

pursuant

3%-4-4y8s

reduced

I960—

f

^3%s extl

43'/«

47%

A 6s

1962—————ApriZ-Oct
(Republic of) —

El Salvador

AEstonia

87

49%

47%

May-Nov

Plan

to

Bonds

High

(interest

1950

external

AExternal

(interest

to

External gold 5Vis
External gold 4Vis
s

79%

*52

Jan-July

lADenmark 20-ycar external 6s 1942

extl

78%

40%

*70

reduced to 2.5% ) 1999.
Jan-July
A7s external water loan
1956———Mar-Sepf

of)—

30-year 3s sinking fund $ bonds 1978
Czechoslovakia (State)—

Stamped

to 2%)

(State of)

Stamped

87

1

24

Friday's

58

May-Nov

sinking fund

pursuant

Stamped

*52

June-Dec

1977

85 Vi

or

Bid 6c Asked

April-Oct

2001

1936
stamped
pursuant
(Interest reduced to 2.5%)

A 8s

'7

4%

Paulo

8s

'

*52

1946

-—

if 3s extl

4

90

46%

1928

Aprii-Oct
May-Noc
-fASinking fund 7s of 1927 due 1947
Feb-Aug
Copenhagen (City) 5s 1952—June-Dec
25-year gold 4Vis 1953—
—————May-Nov
ACosta Rica (Republic of) 7s 1951
May-No®

4s

4%

4%

Ban

2.375%)

secured

(interest

-JASinklng fund 7s of 1926 due

-

38

—

lAColombia Mortgage Bank 6Vis 1947

Cuba

A6'/2s extl

to

reduced

28%

*49

ApriZ-Oct

sinking fund dollar bonds 1970—ApriZ-Oct

of

reduced

Stamped

39

1961——AprfZ-Oct

(Hukuang Ry) 5s 1951

of

Sale Price

Paulo

38%
44 y4

36

(Republic of)

3s ext

26%
40

112

(City of) 6'/2s 1952
(City) 8s 1952
Stamped pursuant to Plan A

ASao

47

Colombia
A 6s

38 Vi

28%

AChinese

A6s

Exchange

Last

Period

Low

34%

37%

1962

assented

28%

*49

sinking fund 6s 1962_

assented

46%

*38

1961

Week's Range

Interest

High

—June-Dec

1957

6%s assented 1961——.—June-Dec

A6s

New York Stock

*49

AGuaranteed sinking fund 6s
AGuaranteed

Low

39

35 Vi

38'/4

1993—June-Dec

ASlnklng fund 63/4S 1961

A6s

No.

High

BONDS/

Jan. 1

1957
June-Dac
———June-Dec

Mortgage Bank 6 Vis
assented

2

ARome

May-Nov

Extl sink fund dollar bonds 2-3s

A6%s

JUNE

Range Since

Sold

cont

^External sinking fund 6s 1963
A6s assented 1963—
AChlle

ENDED

Friday
Bonds

Friday's

Bid & Asked

Sale Price

Period

WEEK

Week's Range

Friday
New York Stock Exchange

FOR

A

stock

1960

(perpetual)
r

:

Inc debs series B

75

Mar-Sepf
I960—

Mar-Sepf

96%

77%

96% 100%

%

(2323)

Commercial and Financial Chronicle
The

Number 4913 :..

171

Volume

31

NEW YORK BOND RECORD
RANGE

A

Friday
Interest

BONDS
New York Stock Exchange

Mar-Sept

1965

4s

Carthage & Adirondack Ry—
First mortgage guaranteed 4s 1981—
Celanese Corp 3s debentures 1965
Celotex Corp 3'As debentures 1960
3%s
Central

of

First

AGen

of

Co

N

1

48%

50%

42%

43%

67%

Denver

39

88

67%
50%

First

42%

69 Va

42%

62
64

66

67%

48%

....Jan-July
April-Oct

Ry Co—

46%

AIncome

First

(

and refund 3 Vis series A

V

First

mortgage

105

105%
;

.f:t

103% 104

103 7/a

1968
„..Feb-Aug
3s 1965—Jan-July

3%s series B
& Fibre deb

£

5

5

103

104

S

103%

104%

i

102%

103 Va

<

•,

Feb-Aup

1974

14Q

'

105Va 105%

V'V

■

First

Paper

66%
-**64%

66%

*100'A

•

-

—

*103%

—

—

Chesapeake & Ohio Ry—

!

124 Va 125

26

124

133%

100% 100%

27

100

103 Va

100%

100

100 Va

28

100

104'A

?

Refund

and impt M

104%

104% 105 Va

41

104%

106 Va

5

R

&

div

A

3%s series H l973__June-Dec
consol
gold 4s 1989__Jan-July

first

consolidated

Second

gold

*—

113

'

— —

-jf .y.

General

1958

4s

First and

1st

mtge

1990—

3s

— —

.Feb-Aug

—_

99%

'

refunding mortgage 27/es 1970—Feb-Aup

ref

&

*102% 104
-

104

44'A

May-Nov

•

•

1st gold 5s 1982—
Map-Nov
Chicago Gt West first • 4s series A 1988—Jan-Julv
AGeneral inc mtge 4Vis Jan 1 2038
April
Chicago & Erie

127 Va

k

127 Va 127 Va

90

78 Va

--

i 10

-,n

89%

89%

44%

I

73%

:l

126%

K

79

•

April
A 2nd mortgage 4 Vis Inc ser A Jan 2003—-April
Chicago Indiana & Southern 4s 19E6.
Jan-July
Chicago Milwaukee St Paul & Pacific RR—
First mortgage 4s series A 1994
—Jan-July
General mortgage 4Vis inc ser A Jan 1 2019_April
A Jan

1983

54 Va

55

93

j

84'A

|

73%

45%

50%

89

-~

1961

4%s

103 Va

117%
69'/a

67%

67 V4

102%

70

106 %

94%

96%

92%

100% 100%

100'A

101

*102% 102%

102 Va

104

100%

99%

101

div first 5s 1956 May-Nop
first cons gold 5s 1995 .Jan-July

110%

111

152

Paso

152

*110%

Va & Georgia
(N Y)

first

Southwestern

&

First
First
Ohio

104%

66%

65%

62

*108%

55 %

50

52%

54

55%

161

50%

April

56 Va

87

90

99

99%

110%

65%

63%

70%
98%

—

65 Va

39

66

*97%

97%

—

*82

87 Va

83

83

82 %

82%

25

82 %

98 %

98%

5

87 '/a

98 %

98'A
100

100

1

100

106

■

60

54%

105%

106'A

71%

55%

66 %
56

52

April

North Western Ry—
Second mortgage conv inc 4Vis Jan 1 1999—April
First mortgage
3s series B 1989
Jan-July

104'A

••.

mtge inc 4%s ser A Jan 2015-

3'As series E 1964 April-Oct
consol mtge 3VaS series F 1990— .Jan-July
consol mtge 3VsS series G 2000— .Jan-July
consol mortgage 2s series H 1953 Mar-Sept
Division first mortgage 3%s 1971 Mar-Sept

First

!

5

„

110 Va 110'/a

April-Oct

Co—

_.

152

♦105%

1965.— April-Oct

5s

1965.

Railroad

152

152

Mar- Sept

1970

4 Vis conv increased series B Jan

1 2044

F

Chicago &

Chicago Rock Island & Pacific RR—
1st mtge 27/ss ser A 1980

June-Dec
—June-Dec

*98%

2%-4 %s

99

81Vi

102 %

74%

103 'A

79 %

•

Francisco

Coast

mortgage

3 Vis

First

mortgage

2 7/8s

74 Vi

1

:72%

1061/2 106 %

4

104%

106%

102 7/8 1027/»

Chicago &
and

First

3

102 Vi

104

General Realty & Utilities Corp—
A4s conv income debentures 1969

25

100 Vi

104

Goodrich

2%s

1965Jlfap-Nov

1C3 Vi 104

& Elec

100%

1962_Mar-Sepf

1st

mtge 2%s 1975_AprzI-Oct
1978
Jan-July

mortgage 2%s

Cincinnati

1952_Jan-July

4s

conv

5

103 %

105

Great Northern

22

102%

104%

80

First

*102%

debentures

1959

Feb-Aup

April-Oct
1966—June-Dec

City Ice & Fuel 2%s debentures
City Investing Co 4s debentures 1961
Cleveland

Cincinnati

General

gold

General

5s

*idi%

75

Chic

4s

series

B

& St Louis

—June-Dec

98%

Wab

Gllf

67%

First and refunding 4s

57

62

General

—June-Dec

1

79%

79%

79%

Div

1st

1911 ..Jan-July

4s

1991_Jan-July

Louis Division first coll trust 4s

Cleveland

Electric

First mortgage

Cleveland

&

Series

3%s

Short

Cleveland

Union

First

Illuminating

Terminals

87

First and

Colorado
First

Fuel

Iron

Gas

Columbia

trust

debentures

76%

*101%

*104

Feb-Aup
1970—May-Sept

3%s

Ry & Lt

Conn

River

L

series

4s

sink

and

refund

First

and

refund

and

Consolidated

2%s

A

2%s

M

106

105

ref

debentures
Co

Gas

of

B

ser

1982_Mar-Sept

67

10%

10%

7%

*103% 103 %

102%

104

103%

106

79%
103%

74%

28

101

65%

65%

67

♦II
105

Jan-July

99%

99%

104%

105

*101%

June-Dec

67

62

36

100%
105

„

Valley

Ry first
Corp

Finance

2%s

4%s 1999

Jan-July
Jan-July

1970

2%s

ser

122

100% 100%

100%
128'A

122

1

101 Va

6

99%

9

88%

93

90

90

90

Feb-Aug

67%

67 %

68%

17

63

70

April-Oct

37%

37 %

38 Va

67

27

42

A l962_June-Dec

1957

Manhattan first 5s A

122

100%

99%

99%

*98%

1976—Mar-Sept

mtge

Water first

105%

23/4S

M

ser

ref M 27/8s

1st

debs

T

Power

Continental

Power (Bait)

Northern

first

Ry

RR

receipts
first

5Vis

§ A Deposit

——

gold

5s

1942

—

105%
102%

:

101

102%

v

4

gold 4s 1951-—First
gold 3%s 1951
Extended first gold 3%s 1951.;
gold

3s

sterling

trust

Refunding 4s

•

gold

100 Vi

20

101%

103%

Collateral trust gold

1041/2

106

Jan-July
Jan-July
April-Oct
Mar-Sept
——AprfZ-Oct
—
May-Nop

106%

Debenture

115

133%

Cairo

129% 130%

220

5

11109%

110%

;

Purchased

-lines

4%s

3%s

4s 1953.—.

—May-Nop

—

1966

Bridge gold 4s 1950
Litchfield Div first gold 3s 1951
Louisville Div & Term gold 3%s 1953
Divisipn first gold 3s 1951—
St Louis Div and Term gold 3s 1951

H103

10

*105

.

104%

104

'

*93%

:

•

103%

106

2

102%

103%

92'A

-

95'A

94%

50 Va
35

26%

Jan-July
•—•-.

''

*31

*31%

receipts 1946——.June-Dec

m

47%
31Va

89

'

26 Va

32%

& Lt first mtge 2%s
1978

3s

3

series

1975_April-Oct
.

A

Dayton Union Ry 3 Vis series B 1965——
Deere & Co
23/4S debentures 1965
Delaware

&

Hudson

4s

For footnotes see




extended

page

33.

1963

108

102

105

*101|i

101

101%

*100%

100%

101

100%

101

—

33%

35%

<

11

Terminal

Indiana

Illinois

102%

102% 102%

101%

104%

1

102%

104

104%

8

103%

106

104%,

102 Va

Ry 4s

& Iowa

94 Va

16

103%

107% 107%

11

106%

94%

43

94

100%

100%

*102%

102%

102%

*100% 101%

100%

101%

*100%

100 Va

101

*101

101 Va

*100%

1007/a

100%

Feb-Aup

*101%

101%

102%

Feb-Aup

*101%

101%

102%

103 Ve

106

100% 100%,

1951.Jan-July

99%

AAdjustments 6s series A July
AFirst 5s series B 1956—

108

96%

93

101%

*101

1031/8

—Jan-July

15

951/4

94

98%

98 V2

6

101%

99

7

96

*93

100%

97%

99%

99%

—

101%

93%

IOOV4
96

89

89

89

4

81%

92

42%

42%

43

19

327/a

431/4

83%

84Va

75

86

Jan-July

1956—T
Jan-July
deb 6s 1944_April-Oct
Rys Central America 1st 5s B 1972—Map-Nov

99%

99

*99% 100
/

1952——April-Oct

103% 104

57

95%

98%

1986—June-Dec

^International Great Northern RR—
AFirst 6s series A 1952„.»-—:—.

102%

105%

104% 104%

7

86

84 Va

84

84JA

18

75

61%

60%

61 Va

84

60%

—

*98

96

99%

;

62%
100

103%

103%

102% 102%
*102%

June-Dec

1963

Indianapolis Union Ry Co—
Refunding and imp 2%s series C

Inter

104 %

1963.June-Dec
l963_June-Dec
series A 1970
Jan-July
first gold 4s 1950-Jan-Julp

5s series A

.

,;

102%

Feb-Aup
Jan -July
—Ja n-July

—

——

100% 100%
*35

101 Va

gold 5s series C
§AInternational Hydro-Elec

Jan-July
>107

June-Dec

1978

108

104% 104%

and Chicago St L & N O—

and

Illinois

351/4

26%

Registered
Illinois Central

Feb-Aug
June-Dec
Jan-July
Jan-July

refunding 4%s series C
First refund mortgage 4s series D

32%

35 %

Springfield Division first gold 3%s
Western Lines first' gold 4s 1951

First

35

83

— -

1951..

3%s

Joint first refund

50%

5

35
84

1

50%

*82

„

'
'

104

'

I—'

106%

11108%

12

104%

102% 102%

106%
119%

*103% 104

•

11104'A

Gold

103

42

118% 119%
•

105

11104%

■

104%

11104

104%

D
mortgage

105

*107%

Jan-July
May-Nop

1952.—.—

AFirst

mortgage

104

—

1951
4s 1952

Refunding 5s 1955

105%

104'A 104'A

'

Dayton Power

106%

*104

1979—_May-Nop

1955

99%

-

*104 Va 104 %

June-Dec

June-Dec

First

2

*104

Jan-July
1946

106%

5%-3%s series B 1979—May-Nop
3%s series C 1974.—May-Nop

First

103'A

102

102% 102%

A 1981_Jan-July
.June-Dec

Omaha

June-Dec

...

1952

receipts
B deposit

102%

mortgage

99%

99%

109% 109%

129%

April-Oct
1975—_Mar-Sepf

5A7Vis series A deposit deceipts
§A6s series

1011/2

mortgage 4%-3%s ser A

Consol

Consol mortgage
Consol

8

'

§ A Deposit

100%

f

#

106% 106 %

.....Map-Nov

debentures 1965
Jan-July
1st mtge 3 Vis 1966 Map-Nov

Crucible Steel Co of Am

105V4

101% 101%
101 % 102

April-Oct

;

mtge 27/8s

3s

107

*105% 105%

99%

Jan-July

1981

first

12

107%

104 %

—

1976—

Illinois Bell Telephone 2%s series
First mortgage 3s series B 1978

Collateral

101%

——_Jan-July
-.April-Oct

1962—

Baking

—

105%

102

100%

*102% 103

AprzZ-Oct

Consolidated Natural Gas 2%s 1968
Consumers

I

City—

1954

1981

ref M 2%s ser U
conv

107%

101

10

103% 103%

1979_Jan-July
June-Dec

1976—

Q

1st

ser

105%
108%

100

106

*100%

1977.April-Oct

1963.

Bait

Lt &

1st ref M 2%s ser R

First

97%

67

106%

106

23

107

*—

Jan-July
1961—Feb-Aug

3s series E

mtge

Consolidated Gas El

First

87%

95%

April-Oct

2%s 1979

96

81

—

10 V4

Map-Nov

1976

1978

3s

1969

AAdJusted income 5s Feb 1957

105%

107%

104% 104%

April-Oct

A

ser

2%s

mtge

General mortgage 4Vis

ACuba

102%

107%

*—

107

April-Oct
April-Oct

1951

3%s

fund

mtge

refund

convertible

SACuba

*65%

102%

93%

43

Illinois Central RR—

First and refund mtge 2%s ser C 1912..June-Dec
First and refunding 3s series D 1972—.May-Nop

2 Vis

1*5

96%

*96

Ja n-July

Hudson Coal first sink fund 5s

101%

105%

*106

1978—June-Dec

1999

Consolidated Cigar Corp 3%s 1965
Consolidated Edison of New York—
First

104%

108% 108%

108%

1955-Feb-Aup

1977—_ ...Feb-Aug
N

debentures

1st and ref 4%s

Pwr

9

105

*104

f debentures 1999

s

Conn

1st

mortgage

Hocking

Co—•

3s

fund

105

Mar-Sept

external

series

3s

mortgage

Elec

first

Edison

mortgage

sinking

3s

83

102

99

H

78

62%

103%

14

first

Util

mortgage

debentures

April

series B Jan 2044

3%s' 1968

trust

3s

Hudson &

•102% 102%

*-

94 %

82 %

125

99

100

94

94

i

106%

100%

—

*99

75 %

mtge inc 4s

Household

April-Oct

1974

Ohio

Toledo

&

Commonwealth

First

44

77

100% 100 Va

13

104 %

Hackensack

77

129

122 Va

75

series B 1975

107%

105%

9

107%

1.25 Va

14

127

108%

106

27

Mar-Sept

1974—

August

South

&

Columbus

23/4S

1

105%

9

122% 122%

*104

States

First

100

100%

107%

3

107'A

32

127

103

;

Gas

Columbus

First

108%

107

106 Va 106'A

1964—April-Oct

4s

1971——

debentures March

First

108
107

106'/a

105% 106

127

Ja n-July

Collateral

Corp—

System Inc—
debentures 1973

3%s

General

99%

10

100

105%

inc 5s series A July 2015
April
refunding 3%s series D 1969—April-Oct

1st

May-Hoy

1980

coll

&. Electric

debentures

3 Vas

107%

Gulf

100

1973

mtge

107'/a

100

*99% 100%
—

1952

B

C

series D

Mobile & Ohio RR—

106%

5

Corp—

and

mortgage

Columbia

3s

1972„
..April-Oct
ApriZ-Oct
1977—ApriZ-Oct

4%s

106 '

16

106

Ry—

modified)

&

106

__

82

2

106% 106 Va

Jan-July

1973

4%s series C

(stamped

/

Co—

mortgage 5s series B
Southern

83

83

5

RR—

mortgage 5'/2s series A

4%s

61

guaranteed
1950
Feb-Aup
first gtd 4V2S 1961—April-Oct

mortgage
&

1970

106

64%

61

Line

First

Colorado

63 Va

61

June-Dec

First

3s

3s

63 Va

1990_May-JVo»

3s 1982

Pittsburgh

D

Cleveland

*99% 100 Va

.June-Dec

1993

Mich

&

91%

-

'

Cincinnati

3s

98%

63 Va

15

90%

90

96

*96
83%

*97
90 Vi

Ry—

1993

Refunding and impt 4 Vis series E
St

82

103 %

100|i 102

101 vi

102

1976
General mortgage 3'/as series N

110%

102

4102

series

series

5s

1

14

88%

92%

88 Va

88%

102 % 102%

88%

Ry Co—

Jan-July
Jan-July
Jan-July
1990
Jan-July
General mortgage 3 '/as series O 2000
Jan-July
General mortgage 2%s series P 1982
Jan-July
General mortgage 2%s< series Q J010
Jan-July
General mortgage 2%s series R 1961—Jan-July
A Green Bay & West debenture ctls A
Feb
A Debenture certificates B
Feb
Greyhound Corp 3s debentures 1959.—April-Oct

110 Va

110Vi llOVi

llOVi

first mtge

Co

F)

5%s

General

Financial Corp—

I T

2%s

(B

General

—

Union

1969„Feb-Aug

70%
67%

103%

102%

—

G

General

Terminal—7?
mortgage gtd 3%s series E
mortgage 2%s series G 1974

First

102% 103 Vi

102%

104%
103

59

58

60

Mar-Sept

100 Vi 101

106 Vi

refunding 4 Vis series D

Cincinnati Gas
First

Indiana

Western

1963—Jan-July
1963—Jan-July

series F
series G

69%

*104Va

1956—May-Nop

collateral trust 6s

Sugar

1

„

68%

87

Chicago Union Station—
'First

♦102%
69

103 Ve
101 Va

103% 103%

Map-Nov
June-Dec

first 4%s 1959—
AFirst and refunding 5s series A 1974—Mar-Sept
A Certificates of deposit—
.
.—Mar-Sept
East

JFlorida

i

103%

3'

82 Vi

Rubber 3s debs 1961

Firestone Tire~&

102'A

1

-

*102 Va 102%

Jan-July

1994.

—

102% 102%

102%

Chicago Terre Haute & Southeastern Ry—
First and refunding mtge 2%-4%s 1994_Jan-July
Income

90

*89

~

Jan-July

Chicago St L & New Orleans 5s 1951
Memphis Division 1st gold 4s 1951

C

118

68

*93%

Feb-Aup
April-Ocf

Light Co 2%s 1977
1979-—

5s stamped

96

100

*—100%

Tunnel

&

Fir-st consol mortgage

40%

27

46 %
96

*95

—

1995

4s

Elgin Joliet & Eastern Ry 3%s

Erie

62

51%

13
•

46

gold 4s

E

El

127 Va

>.86%

11

55

lien

mortgage 2%s

General

4s inc series

mortgage

1st

Edison El 111

Chicago Ind & Louisville Ry—
A 1st

116%

*106%

gold

Terminal

t

68

'W

115

115%

June-Dec

first

-v

36

33

71%

93 Va
108'A

112%

10

101%

V

—

44%

*69%

44%

April

89

14

*101 Va

♦67%

East Tenn

Chicago & Eastern 111 RR—
AGeneral mortgage inc conv 5s 1997
First
mortgage
3%s series B
1985

1958

debentures

106

*69%

•

101'A

*»y '/a 100%

"

June-Dec
1982_May-Sept
—June-Dec

I

90%

Jan-July

1993

series

2%s

110%

99%

1

99%

112%

102

8

108% 108%

108%

refunding 4Vis series B 1977—Feb-Aug
First and refunding mortgage 3Vis 1985—Feb-Aug

110%
108 Va

;M

110% 110%

Mar-Sept.

——.

and

First

refund

1995—June-Dec

Duquesne

Chicago Burlington & Quincy RR—
1

90%

77 Va

105%

32

97%

67

9

69

105% 106'/8

April

Map-Nov
Detroit Tol & Ironton RR 2%s ser B l976_Mar-Sept
Dow Chemical 2.35s debenturesil961—..^May-Nop

"•

120%

97

68

95%

101

96%

Jan-July

1970

series H

3s

Mack

ASecond

114

—

.

Y

119%
114

127

*112

1989—Jan-July

4s

•

fixed
interest)

contingent
and

&

Detroit

105

(3%

mortgage

convertible

3s

107 Va

105

*103% 105

69%

106 '/a

Lake—

Salt

&

Edison

Detroit

65

64%

39

67

Western RR—

series A (4%%
interest)
2018

contingent

1%

100'A

86%

57

mortgage

General

125

4Vis

Map-Nov

2042

1

contingent

Denver

High

81

3s

Light

series A (2% fixed
interest)
1993

mortgage

Detroit

1992
Mar-Sept
3 Vis series D 1996_.May-Nop
Refund and impt M 3Vis series E 1996
Feb-Aup
gold

Refund

&

Grande

Rio

&

Income

and impt M

General

May

4-6s

trust

Power

Low

58%

66 %

67

1973
April-Oct
mortgage and coll trust 3Vis 1977_June-Dec
mortgage and coll trust 2%s T979_Jan-Ju!p

Delaware

Jan. 1

No.'

division

Essex

Collateral
94

87

—

Range Since

Sold

1

84

84
*57

May

1993

mortgage due

&

1%

3..

Champion

Morris

J—

mortgage 3%s
1987
Central New York Power 3s 1974
Pacific

AIncome

„

*84

Jan-July
2020
May
2020
May

1

General

Central

104%

101%

Ry—

A 1995
4Vis series A Jan
4Vis series B Jan

mortgage

RR

103

100%

——

—

*101%

Co—
'
New
York Lackawanna & Western
Div
First and refund M 5s series C l973_Map-Nov

High

& Western RR

Lackawanna

Delaware

64

58

65

103% 104
*101%

v

108

106

—

Bonds

Fiiday's

Low

High

First

series

mortgage

Central

High

*59

June-Dec
.April-Oct
Feb-Aup

Low

No.

or

Bid A Asked

Sale Price

Period

Exchange

New York Stock

Last

Interest

\

BONDS

Jan. 1

Sold

*106% 107

--

Week's Range

Friday

Bid & Asked

—Feb-Aup
1948—June-Dec

1960

P first gold 4s

Georgia

mortgage

AGen

issue)

(1947

debentures

SACentral Branch U

2

Range Since

Bonds

Friday's

or

Low

Carolina Clinchfield & Oho

ENDED JUNE

Week's Range

Lait

Sale Price

Period

WEEK

FOR

*101

June-Dec

'103

April-Oct
Mav-Nov

93

103%

93

93%

93

99%

Jamestown Franklin & Clear
Jersey

Central

first 4s 1959_June-Dec

Power & Light 2%s

1976—Mar-SeDt

73%

72%

73%

*101% 102%

5
—

72

76%

102

103%

1

32

(2324)

The Commercial and Financial Chronicle

.

.

Monday, June 5, 1950

.

NEW YORK BOND RECORD
RANGE

Friday
Interest

BONDS

Lawt

Feriedl

New York Stock Exchange

FOR

WEEK

ENDED

or

gale Price

Bonds

Range Since

Sold

No.

High

Low

mortgage 2 7/bs
1973
Kansas City Southern Ry 4s ser A

105

Kentucky Central 1st mtge 4s 1987
Jan-July
Kentucky & Indiana Terminal 4%s 1961_Jan-Jol#

103%

106

1

103%
102%

103%

114%

114%

114% 114%

,

5

General

1961

A

*30

27

101

J en-July

101%

'

—

II

*98

Kings County Elec Lt A Power 6s 1997—Aprtl-Oef
Koppers Co first mortgage 3s 1964
April-Oct
JAKreuger & Toll 5s certificates 1959
Mar-Bept

First

mtge sink

fund

Mich

registered

Lautaro

Nitrate

a First

gold

*._

117

117

100%

101%

181 %

N

1%

N

Y Connecting RR 2%s series B
Y Dock first gold 4s 1951
Y

%

Harlem

&

gold

3%s

4s series A

1st

&

ref

5s

stamped

ref

5s

stamped

1964

A

ref 5s

First

mortgage

.91

Jm-Ma

95

.96

5s extended to

*96%

Feb-Aug
Feb-Aug

94 %

AGeneral

84

91

Harlem

90%

96

—

1984—

4%s extended

*83

75%

Feb-Aug

1874

to

14

97%

94

—

•100% 101

_r«b-Aua

—

mortgage

Series A

4s

Series

4%s fixed

fixed

interest

70%

70%

Joh-Joly

73

Series C 5s fixed

interest

May-Hot
—Map-Not

2003

2003

53%

D

Series

E

2000
I

2043

F

5s

Lehigh

interest

2003

Ry—
mortgage 5s extended to 1979

Little

Miami

ALombard

Lorillard
3s

general

Electric

(P)

Co

debentures

Louisville

&

series

4s

7s

series

debentures

5s

71%

14

73

10

refund

mtge 3%s

ser F

2003

ser

G 2003

refund.mtge 3%s

ser

second

gold 3s

Knox & Cincinnati

Louisville Gas A Elec

1980

Div 4s

1st mtge

Mar-Sept
May-Hot

1955

(R H)

Maine

Co

2%s

RR

debentures

4%s

mortgage &

Manati

series

4s

con

A

Dept Stores

2%s

debentures

3%s

debentures

Michigan
Jack

&

65%

gold

3%s

1951

Mar-ffepf
Map-Not

1952

Refunding and impt 4%s series O 1978—Jan-July
Michigan Cons Gas first mtge 3Vis 1968
Mar-Sept
First

moitgage

27/8s

1969

mortgage

3%s

1969

First

3%s
A

sinking

Midland

Minnesota
Minn

St

fund

of

N

J

first

Mining &

Paul

&

._

debentures
ext

5s

Mfg 2%s

Saulte

8t

1967
1940

1967

A

43%

44%

17

40

45%

*121%

76%

10

74%

General
Norfolk

77%

121%

__

103% 103%
*103%

123%

103%

&

*103% 104%

——

103%

Prior

lien

40-year
Prior

5s

4s

series

lien

A Cum

series

4Vis

80%

99%
"

92

B

81 "

adjustment

^Missouri
A First

Pacific
and

AGeneral

5s

RR

-

W—

80%
99%

107%

101

102 % 102%

"

5

2

101%

103%

*102

*71%

102%

95

95

70

*102%
104

*99%

—

*100

82%

82%

108%

88%
54%

99%

*101

*106%

58%
103

1967

(Minnesota)

A

Mohawk

&

Malone

Monongahela

Ry

first

3%s

gtd

4s

series

102%

1980
1981

1966

Mountain

3Vis

States

Tel

debentures

&

Tel

2%s

1986

1978

104 %

National
3s

Chattanooga

mortgage

Dairy

5

107%

101%
oo

84%

108%

101%

107%

103

first mortgage 2%s 1877

1979

A Lake

8t

Bt

series

Distillers

101%

102%

Ohio

Edison

60

15
2

Oklahoma

Aprll-Oef

Aprfl-Oct
Feb-Aug

__

Supply

Gas

55'/a
103

3s

A Electric

2%s

1975-

debs

1967

48%

48

55

First and

77%

85%

First and

J

84%

First and

75

58

102%

84%

First and

82%

First and

60

79

93%

refunding SVfcs series R 1982—June Dec
refunding 3s series 8 1983
June-Dec

First and

105%

Pacific Tel

A Tel 2%s

147

63%

161

92%

105

2%s

debentures

1986

6

94

105%

3 Vis

debentures

1987

3%s

debentures

1978

3Vis

debentures

1983

48%

49%

79%

171

33%

103%

45

93%

106%

102

102%

101

92%

105

*48

48%

56

*103%

—

101% 101%

58%

58 Vi

84%

88%

82%

81%

86

*98 Vi
105

105

—

49%

62%

103%

102

38

54%

60

75%

89

72

Pennsylvania-Central

98

99%

ru

*86%

105

105 %

94

Orleans Great

New Orleans &

June-Dec

1961

4s

1986

3s

104%

A

Northeastern

Orleans

INew

Orleans

AFirst
A

5s

5s

series

4Vis

&

104% 104%

Pennsylvania Glass Sand 3Vis 1960

of

1956

A Certificates

D

of

106% 106%
*80

Jon-July

103

103

103

—JfrK-Oct

100% 101%
V

.

FUb-Ao#

99%

*101%

1956

1954.

o->ge 33.




93%
93%

11

96

27

.

89 %

97%

90%

97 %

90%
102

105%

*101 %

ioI%

102

..

103

101% 101%

19

101%

103%

*101% 102%

II

101%

102%

*99%

99%

99

*104% 104%

99%

104%

107 Vi

29

11%

106 Vi

35

104%

106%

101% 101 %

11

100 Vi

102%

100'/a

102%

103

104%

11%
103

12

*100% 101

13'/a

103 Vi 103%

19

104%
101%

99%
__

>100

101%

-AyrO-Oct

102

102

102%

A Income

10

106%

107%

"I

105%

106

100%

102%

8

103

104'A

10

103

104%

100

6

99%

.

16

106'A

10

105

106%

104 %

104%

40

104%

107

104% 105

23

104%

106%

103% 104

104%

8

103%

106%

100% 100%

8

102 Vi 102%

102%

6

*106

104%

104'A 104%

102 %

30

*102

105

105

105%

107%

106 Va

105%

*104%

__

100%
103 %

105

1

*106% 107
*101%

105 %

99%
101%

102%-

105

104%
106 Va

104

6

100% 100 Vi

100%

102 %

100%
105

107

19

104%

106%

101%

__

101 Va

__

—

99%

101%

67%
103

6

67'A

77%

8

68 Vi
103

-.'.r—

~

M*

104%

102%

104%

..Feb-A up

113%

113% 114%

1st 4s external

5s

gold

series

B

2%s

conv

50

100 Va

105%

11

104

109

Jan-July

95%

94%

95'/a

95 Vi

101

101

May-Nov

Consolidated guaranteed
Consolidated guaranteed

4s
4s

F 1983

June-Dec

ser

G 1957

May-Nov

ser

H 1960

87%

101%
104 Vi

Consolidated guaranteed 4 Vis ser

100

101%

Consolidated guaranteed

I

71
85

100%

99%
99 Va

94

81%

81%

8
4

57

101%

80%

57 Va

16Vi

86

A

61

14 %

100Vi 101
•112

*109 Va

—Jan-July

1975

100%

30

96%

57 Va

*15

Feb-Aug
1977

ser

93%

95%

101%

18 Va

100%

4

103%

I—-

Pittsburgh Bessemer A Lake Erie 2%s 1996June-Dec
Pittsburgh Cincinnati Chic A St Louis Ry—
'
A

<

102% 103
105% 106%

-April-Oct
April
—Mar-Bept

1974

4Vi» series O

debs

115

103

Jan-June

1960

4s

General

6

103%

105%,

113%

17

105%

-April-Oct

mortgage 3 Vis series F 1985

General

103

103 %

—

'

104 Va 104%

April-Oct

Consolidated guaranteed 4s
—

107%

104

105

106%

104% 104%

May-Nor

Philadelphia Electric
First and refunding 2%s 1971
June-Dec
First and refunding 2%s 1967.
.May-Nov
First and refunding 2%s 1974.
.May -Nov
First and refunding 2%s 1981
June-Dec
First and refunding 2%s 1978
.Feb-Aug
fiAPhillppine Ry 1st sink fund 4s 1987
Jan-July
ACertlficates of deposit
Phillips Petroleum 2%s debentures 1984
Feb-Aug

103%

•99%

—

1981.

April 1990
Pere Marquette Ry 3%s series D 1980.
Philadelphia Baltimore A Wash RR

106

105

General

series D

Peoria & Eastern

119%

103

46

105%
7

105

*_.

104%

.June-Dec

106

105

deposit.

r?e

93

93%

102 % 103 Vi

93%
103

66

84%

9

85'/«

70%

59%

--

85%

105

mortgage 4Vis series E 1984

118%

—

For footnote-

64

63%

Jane-Dec

4 Vis

Ry—
101%

1880.

4Vis

1965

1868

Convertible debentures 3Vis 1952

_i.

103 %

B

General

2

*101% 102'/a
103

series A

General

6

<

deooslt.

of

AFirst 5%s series A
ACertlficates

96

sinking fund

4 %8

5s series

106%

deposit

series

*61

Aprll-Ocl

101

f'3

103

*105% 106

1963—Jan-July

4s 1953

deposit

C
of

106%

Jon-July

series A

Mexico

107 Vi

43

Jane-Deo

Power A Light Co—
mortgage 3s 1975...
Pennsylvania RR—

103%

RR—

gtd

112

105

4

65

36

Pennsylvania

103%

8
__

119% 119%

Feb-Aug

1983

1954

B

series

Certificates

AFirst

first

Texas

Certificates

AFirst
A

Term

109

107%

105

63%

105

Guaranteed 4s series E trust ctfs 1832

105

*100% 101

1974—JtfAr-gept

5s

107

--

Pennsylvania Co—

105%

-.A

*104% 105%

May-Hoc

first

Nor

117

Airlines—

102%

16
—

Map-Not

Light

Refunding and impt 4Vis
New

93

102% 102%
*105% 106

105% 105 Vi

ti

133 Vi

114

105

Mar-Bept
Mar-Sepl

General

103

gtd

126

2

103

63%

Aprll-Ocl
Aprll-Ocl

Consolidated

Aprll-Oet

RR

94

13

110

A3%s convertible Inc debs Sept 1 1860—April-Oct

86

98%

debentures 1985

Pacific Western Oil 3Vis debentures 1964—June-Dec
Paducah A 111 1st sink fund gold 4%s 1955Jan-July

59%

182

105

Mar-Sept

Power

126

88

—

104

101

'

1

59%

84%

1974

Jersey

—

107

3%s series I 1966—June-Dec

102%

1982

Junction

90%

*108

—

107

11%

3s series J 1970
June-Dec
3s series K 1971
June-Dec
3s series L 1974—Jane-Dec
refunding 3s series M 1979—June-Dec
refunding 3s series N 1977—June-Dec
refunding 2%s series P 1981—Jane-Dec
refunding 2%s series Q 1980—June-Dee

First and

72%

1

78%

95%

74

13

82

debentures

New

101%

*89

June-Dec

1978.

refunding
refunding
refunding
refunding

and

84%

6

103

Jane-Dee

Jersey Bell Telephone 3Vis 1988——Jan-Juty

New

107%

101%

P

8

102

debs

B

106%

101%

65 Va

103%

1970—June-Dec

series

106'/a 106%
101% 101 %

.June-Dec

3 Vis 1978

102% 103%

Feb-Aug

2%s

4Vis

107%

106%

106%

9

debentures

3s
New
N

guaranteed

107

106%

Mar-Sepl
.April-Oct
..Feb-Aug

3s 1974..

General

Naugatuck RR first gold 4s 1954
New England Tel ti Tel CoFirst

103%

105%

April-Oct
Mar-Sepf

103%

82

102

May-Nov

1986

debentures

107 Va

Oregon-Washington RR Ss series ▲ 1860—Aprll-Ocl

48%

77%

102

juue-Dee

2%s

17
80

74

101%

*105 % 105%

Jan-July

2%s 1975

First mortgage 3s

First and

7 82

78

Feb-Aug

1974—Apr0-Oet
National Steel Corp first
mtge 3s 1965—_ApiH-Oef
National

77

101% 101%

Ry-

1948-

4s

first mortgage

First mortgage

Louis—

3Vis

77

77.;:

13%

102%

105%

..

103

80

B

1970

Products

14%

53

28

*13%

May-Nov

Champlain

8 AFirst guaranteed

87%
109%

100%

—

79%

—April-Oct

Products

debentures

Nat'l

3s

106 %

42%

O
JOgdensburg

N
First

15

*._.

Feb-Aug

1979

First

Nashville

48%

Jan-July

—

79%

1955-Moy-Woa
1956—_May-Ko»

mtge 4Vis series B

2%s

Feb-Aug
Aprll-Ocl

102%

103%

92%

Morrell (John) & Co. 3s debentures 1958
Map-Not
Morris & Essex first guaranteed
3Vis 2000-JUne-Dta
Construction mortgage 5s series A
Construction

48%

101%

105

19

Co—

Power

3 Vis debentures

95%

81%

82

1991—Mor-Sepf

B

105%

-72

15

102

92

1968—Feft-Ao#

H

ser

48 Vi

Quar-Feb

2047

first mortgage 2%s 1974

(Wisconsin)

88

78

gold 5s

Quar-Jan
Quar-Feb

2047

1

First mortgage 3s 1978
Northwestern Bell Telephone—

81%

102

refunding 5s series I

Jan

mortgage

First and

1975

refund

States

4

79

and

Quar-Jan

———

1997

3s

registered

81%

102

and

1997

4s

lien

81%
'48

Mar-Bept

A First

Ry first gold 4s 1996—April-Oc#
general A ref 5s 1974—Mar-Sept
and refunding 4 Vis ser A 1974—Mar-Sept

First mortgage

92

and

AFirst

3%
64

101%

....

__

104

108% 108%

*10314

76

1

107 Vi 107%

and

5 A

9%
103

101

•100% 101%
105

104%

Ry Co—

registered

Northern

102%
96%

——

'

*99% 100%

—

.

70

88%

—

—

*55%

«**r'

102

73%

*95

refunding 5s series F 1977
Mar-Bept
refunding 5s series G 1978—May-Woe
Convertible gold 5 Vis series A
1949—May-Noy

A First
A First

6

57

62

126

First

April-Oct

Jan-July

series

101%
»•

Pacific Gas & Electric Co—

1978

5s

*61%

mtge 5s convertible Inc 2014—Aprll-Ocl

First mortgage 2%s 1975
First mortgage 3s 1878

Co—

refunding

4s

102

Jan-July

Refunding and Improve 4Vis ser A 2047—Jan-July
Refunding and improve 5s series O 2047__Jan-JuIy
Refunding and improve 6s series D 2047—Jan-July
Collateral trust 4%s 197B
Mar-Sept

95

107% 107%

....

Jeo-Juiy

Jan

2

103% 103%
A

115% 116%

First

A

70%
51

116%

4s

104%

95

.Mar-Sepf

1980

Central

General

88%

9

—_

Jan-July

ser

Southern

Prior lien

100%

22

99% 100%
*

— —

April-Oct

1962
D

64%

42%

126

105%

91%

1

2%s

mtge

General

105%

Marie-

1962

series

162
224

Northern Pacific Ry—

61

103%

1

RR—
A

67%

45%

Norfolk A Western

102%

103%

103% 103%
92

Mar-Bept
Mar-Sept
Jan-Jalp

Texas first 4s 1990—Jane-Doc

Missouri-Kansas-Texas

66

44%

Northern

105%

102%

38

..

57

mortgage 4Vis inc series A Jan 1871—May
General mortgage 4s inc ser A Jan
1991—May
Kansas

66%
44%

Niagara Mohawk Power Corp—

42%

First

Missouri

81

;

Niagara Falls Power 8Vis 1966—

38 %

April-Oof

Sag 3»/aS

76

Jan-July
8 A Second gold 4 Vis 1937—
Feb-Aug
8 A General gold 6s 1940
Feb-Aup
i ATerminal first gold 6s 1943.
Map-Not
Y Telephone 2%s series D 1982
Jan-July
Refunding mortgage 3 Vis series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July

62%

Central—

Lans

First

1988

8

105

36%

Jan-Jalp

Mead Corp first
mortgage 3s 1966
Jane-Doc
Metropolitan Edison first mtge 2%s 1974—May-Woe
Michigan Bell Telephone Co—

76

Jan-Jalp

33%

1954_Jnne-Ds0

1972.

76

Corp first SVis 1968

12

1972_May-jro*

B

76

Y

28

I960——.June-Dec

series

Sugar 4s sinking fund Feb 1 1957—May-Kor
RR
(Southern
Lines) 4s 1959—
Map-Not?

Manila

May

&

Central

First

74%

101%

M
Macy

69

16

196

——

.

97%

10

102 %

65%

-

2%s 1979—May-HTo«

95%

94

71

A Ught

41

103%

H 2003„AprtI-Oct

Louis Div

95%

*96% 100

102%

Power

37%

April-Oof

First and

*96% 100

1%

64

April-Oct

mtge 2%s

100%

168

3s

refund

95%

100%

—

101%

69

Susquehanna A Western RR—
IA First refunding 6s 1937
—

57

100

100%

567

40%

•

Fcb-Aop

*101%

92

2

61

75

April-Oct

First and

Atl

51%

56%

5

2%

75%

16

97 %

2

8%

71%

30

97%
92

1%

IN

57%

97%
92

101 Vi 101%

56

103%

102

6

N Y Steam

54

RR—

First and

St

101

53 %

1

1%

80%

70%

52 Va

1

55%
102

6%

85%

67

55%

Map-Not

44%

May

June-D««

1963

Nashville

59%

70%

1954

4s

36%

April-Oct

1951

55%

78%

Port Chester—

mortgage

AGeneral

1952

10

102

refunding mtge 4s ser A 2007—Jan-Jalp
mtge cony Inc 4Vis series A 2022—May

65

Feb-Aug
1962—-May-No*

A

A

56%

Jan-Jalp

Y Ontario A West ref 4s June 1992—Mar-Sept

82%

56%

April-Ocf

Lexington & Eastern Ry first 5s 1965
Liggett & Myers Tobacco 5s 1951

53 %

Map-Hot

40%

4s

contingent

61

1

84%
•

Map-Not

1973

B

River &

75 V.

~2

Valley Terminal

First

series

37%

contingent Interest 2003
May
4%s contingent Interest 2003—May

Series

56%

1st mtge 2%s 1978—Mar-Sept
N Y & Putnam 1st consol gtd 4s 1991
April-Ocf
N Y State Electric A Gas 2%s 1977
Jan-July

'

57%

Map-Not

Series

74

57%

■

June-Dec

N Y

bond*—

2003

Interest

79

77

G2

New Haven & Hartford RR—

Y

JAN

N

consolidated
B

4 Vis

97

100%

83%

75%

Lehigh Valley RR—
General

80

April-Oct
Vtb-Aug
May-Not
Jan-Jalp

1975

AGeneral 4s 1955

Lehigh Valley Railway—
mortgage

89

121

First and

*86

ii

stamped 1974
Valley Harbor Term Ry—

First

114

"I

89

1954

&

Lehigh

38

First

1st

79%
*53

—

100

N

89

Lehigh Coal & Navigation CoSinking fund mortgage 3Via aer A 1070-Ayrtl-OeS
Lehigh Valley Coal Co—
1st

72

56%

105%

16

117%

1997Juae-Dec

1975

65%

67%

56

1998

104

1

%

June-Dec

Income reg

61'A

121

56

registered

181%

105

%

Ltd—

Co

mortgage

166

€9

Michigan Cent collateral gold 3%s 1998—Feb-Aug
3 Vis registered 1998
JFib-Aug
New York Chicago & 8t Louis—
Refunding mortgage 3 Vis series 1 1980—June-Dee
First mortgage 3s series F 1986
April-Oct

30%

97

185

105

%

196S—Mar-Bept

3%s

130

63 Vi

67%

53

37/aS series A 1968J«*e-Dee

South

59 Vi

62

1997

4s series B 2043
N Y Lack & West 4s series A 1973

1997

58%

1997

collateral

Mortgage

3%s

58%

Feb-Aug

3%s

High

67%

*_.

3%s

mortgage

registered

Shore

Mortgage

Lake Shore &

58 %

RR—

N

Laclede Gas Light 4%s conv debs
Lakefront Dock A RR Terminal—

Low

62

.Feb-Anp

1998.

Hudson River

&

Jan. 1

No.

Co—

series

4s

Range Since

Sold

High

—Jan-July
Jan-July
gold 3%s 1998
Feb-Aug

3%s
Lake

_J« n-July

unguaranteed

RR

Bonds

Friday's

'

Ja*-July

.

1961

4%s

Central

Central

105%

2

104 % 104%

102% 102%

Plain

York

Refunding and Impt 4%s series A 2013_April-Oct
Refunding and impt 5s series C 2013—Aprll-Oc#

103%

~7

104% 105

June-Dec

April-Oct

Stamped 1961

102%

ttr

Bid ti Asked

Lew

N Y

1975___April-Oct

First mortgage 3%s series B 1968
Kansas City Terminal Ry 2%s 1974—

20

Last

Sale Price

\

High

Consolidated

102% 102%

Period

New York Stock Exchange

New

—April-Oct
June-Dee
June-Dee

Interest

BONDS

Jan. 1

K
1st

2

Friday

Friday's

Bid & Asked

Low

Kanawha & Mich 1st mtge 4s 1990
Kansas City Power & Light 2%s 1976

JUNE

Week's Range

Feb-Aug
1963_Feb-Aap

4%s ser J 1964-May-Nov

117%

110

•
—

..

v

102%
102%
102

*__

*103%

-8%

8%

•

*6%
*102
•

102%

104%

102%

104%

102

103%
103%

103 %

-

7

102%

r,.;;

102

104 %

103'A
—

8%

5

8
7

102%

102%

103%

104 Va

108 %

260

*100% 101 Va
108

%

99

:

113% 113%

99

i
106%
.

-

__

*113

10 Va

:

*105 -.107

*103%

11%

8

107% 108'A

*103

110%

5

■

302% 103
-102

118%

107%

'A.—

1

106%

103%

103%

lliy4

113%

111

113%

Number 4913

Volume 171

..

33

(2325)

The Commercial and Financial Chronicle

.

NEW YORK BOND RECORD
RANGE

Last

Period

New York Stock Exchange

«i

„le Price

;'

107%

105%

~4

105% 106

83%

4

102% 102 %

4

100

Pittsburgh

Youngstown

First general

Refund and impt M 4s series C

102 %

Refund

First

5s series B

1974

general 4%s series D
Co

Potomac

5%s

Elec

1st mtge 3"As

First

mortgage 8s

First

mortgage 2%s

Providence

1977

debentures

Income

Power

Terminal

1984

debentures

First

and

First

102%

Texas &

94%

93

refund

•111%

'

—

refund

83

96%

92%

96%

;

y: 1

M

General

108

108

—

_

refund

and

RR

tThird

New

of

Ave

--

5s 2000
37/8s ser E

—

99%

100%

— —

108%
105

—

—

100

100

M

105%

*106% 107%

106

109%

*151%

151%

152

222

225

104

__

■

__

104%

10

__

*—

__

225

•

■

..

*103%

debentures

Oil

Pacific

64%

173

52

69 %

24

28

648

21%

327/«

96 %;

96%

1

Q9

Q7

100% 100'A

7

100%.

101%

1971—Afay-Nov

109% 109%

17

108%

110%

April-Oct

*100% 102%

102%

103%

104% 104 %

10

104 y8

105 %

102% 102%

5

102 %

103%

103

105

Mar-Sept

1961

Missouri 3%s

1968

of

102

102

-Feb-Aug

♦103% 104%
*102% 103%

102%

103%

102% 102%

102%

102%

89

89

89

10

104 Yo 304%

—

1976

Afay-Nov
April-Oct
Mar-Sept

3%s series H
3%s series I

1967_ .Mar-Sepf
1967_. .Mar-Sept

mortgage
mortgage

General

mortgage 3%s Series J 1969— -Mar-Sept
4s stamped
-Jan-July
1949
4%s

stamped

1957

107%

106%

*106% 107%
'

*7%

9

8%

8%

7

:

99%

89

92

106 %

107%

105

107%

25

102

103%

105

105%

"l

114%

130%

103

104

—

106 %

—

102% 102%
*105%

—

124% 124%

124 %

April-Oct

88%

88 %

90

3

88%

Afay-Nov

96 %

96%

96%

11

96%

103% 103%

1

consolidated

First

10 %

8%.

4

8%

99

98 %

90Va

April-Oct
1979—June-Dec
Virginia & Southwest first gtd 5s 2003
Jan-July
debentures
mtge 2%s

convertible

First and refund

II

96%

99%

*105%
*

refund mtge 3s series F 1978—Afar-Sept

3%s

;

-Jan-July

1S41

98%

90

refund mtge 2%s ser E 1975—Mar-Sept

First and

106%

106%

—

98 %

1955—Feb-Aug
May-Nov

4s series A

series B

fund

97 %

*98%
90

Electric & Power Co-

Virginia

—

—

—

t A Rut-Canadian
RR

sinking

98%

First and

♦120y«

1977- _Mar-Sepf

General

tSARutland

consol gtd

RR

Consol

105%

1967

Pictures 3%s debentures 1959

102%

94%

95

95

Jan-July

Corp

debentures

Vandalla

95%

89

104%

3

Corp—

series D

4%s

mortgage

Gas

Universal

102%

101%

10

102%

June-Deo

2%s debs 1970

RR—

debentures

2%s

R

General

103%

60

28

Refunding mortgage 2%s series O 1991-Afar-Sept
United Biscuit Co of America 2%s 1966
April-Oct

105%

2%s

Jan-July

General

102 %

63%

Jan-July

and coll trust 2%s 1975

California

Union

106%

104%

—

__

3s

Union

106

*105% 106

__

Reading Co first & ref 3%s series D 1995- _Afay-Nov
Reynolds (R J) Tobacco 3s debs 1973
-April-Ocf
Electric

106

5

Afay-Nov

debs

2%s

Corp

First mortgage

Q

&

103%

June-Deo

1974

3%s

2%s 1970
U S Rubber 2%s debentures 1976

Gas

27

102% 102 %

103 y8

1985_Jan-July

first refunding 4s 1960

Ry

Tri-Continental

United

Rochester

132

'-103% 104%

132

Pacific—

Orleans

Union Electric Co of

103%

104

1968_Jan-July

1964

101

f28%

99%

99%
132

U
•98% 103

—

refunding mortgage 5s 2037—Jan-July
1 First and refunding mortgage 8s 2037—June-Dec
First and refunding mortgage 3s 1972—Afay-Nov
First and refunding mortgage 27As i?79_June-Dec

debentures

98%

2

100

105

♦104% 105%

.

101%

9

—

108 %

—

__

106%

98%

99%

Adjustment income 5s Jan 1960
Aprll-Oct
Tol & Ohio Cent ref and Impt 3%s 1900—June-Dec

*99%. 100
*108%

105

105%

June-Dec

gold

Pacific-Missouri

Texas

128

103%

*99

1970_Apri!-Oct
3%s series C 1990-April-Oct

first

Pacific

&

319%

105% 105%

a

May-No®

1963

2%s

I

High

*103% 104%

series B

3%s

M

and

Texas

Co—

refunding mortgage 3'As

Oats

Jan.

Low

no.

Orleans RR—

New

Term

and

Quaker

Range Sine*

Sold

High

*126%

Jan-July
April-Oct
Afay-Nov

2019

impt 27/«s series D 1985

and

First

96%

1

94% "V

94%

Mar-Sept

1956

4s

100%

5

;

94 %

94%

__

Feb-Aup
Jon-July
Afay-Nov

1983

Public Service Electric & Gas
3s

1964

1977

94%

,

Feb-Aug
June-Dec
June-Dec
Jan-July

1962

Pittston

103

First

April-Oct
April-Oct
Ry—

1960

Ashtabula

&

and

''

June-Dec

C

102%

3
—

1958

general 5s series C

First

102% 102%

*102% 102%

B 1959

First mortgage 4%s series
First mortgage 4%s series

Low

v

Terminal RR Assn of St Louis—

89

83

83%

Jan-July

A

Bonds

Friday's

108%

103'/a

v ■

High

103%

High

Low

no.

April-Oct

1965

4%s series

or

Bid & Asked

v

Texas Corp 3s debentures 1965—

Pittsburgh Steel 1st mortgage 4%s 1958
Pittsburgh <5s West Virginia Ry—
mortgage

Last
Sale Price

Period

New York Stock Exchange

Jan. 1

Piusourgh Consolidation Coal—

First

Week's Range

Friday
Interest

BONDS

Range Since

Sold

♦106% 108

5s series A 1970June-Dee
mortgage 5s series B 1975——April-Oct
General mortgage 3%s series E 1975
April-Ocf
Pittsb Coke & Chem 1st mtge 3%s 1964—May-No®
General

debentures

2

RR—

General mortgage

3Vis

JUNE

ENDED

'

St Louis

Chicago &

Cine

Bonds

Friday's

Bid At Asked

Lew

Pittsburgh

WEEK

i-'J

Week's Range

•riday
Interest

BONDS

FOR

1958

5s

3s series B

Ry

Virginian

1963

*104

1995

105

*99

ser G

104

mtge 3%s ser C 1973-ApriJ-Oct

First lien and ref

92

101
104%

103

S
Saguenay Power 3s series A

1971

St. Lawrence & Adirond'k

gold

St

Louis

St

Louis-San
1st

Rocky Mt

P

&

5s

Mar-Sepf

St

V

&

Seaboard
First

New

Air

AGeneral

Seagram
3s

England

Line

A

4s

2%s

South

&

3s

trust

June-Dec

A

Wheeling & Lake Erie RR 2%s A

Wheeling Steel

105

mortgage 3%s series D 1967
Wilson & Co first mortgage 3s 1958

5

76%

83

RR

1960

1975_June-Dec

1986

Jan-July

*—

1996——Jan-July
1961.
Jan-July

*—

Ry first consol gold 5s

1956—
1956

and general 6s series A

and general 6%s series A

first
first

gold
gold

5s

^956-,

1951
debs

1983

93%

debentures

1974

Oil

Corp

Swift

Co

2%s debentures

2%s debentures

58

debentures

1973

Power 2%s

108

100%

102

101 %

103 %

Included

106%

107

not

Included in

the

60

62'/a

31

57%

58%

9

55%

14

101%

104%

103%

105'/a

104%

104

104 %

64%

57

•10.4% 104%

60

102% 102%

101%

103

101% 101%

101%

June-Dec
Afar-Sept,

:~l
23

99%

102

76.V

96"%

95%

95%

85

97%

.

101%

*101% 101%

102%

111

110% 111%

384

105%

111%

104%

104% 105

392

iu4v2

105%

'

101%

*—

103%

*103%

101%

12

103% 103%

,

104 %

102

103

113%

*102% 103 %

103 %

102%

—

115%

113% 113%

2

76

76%

22

74
76

77%

45

45

46

42

41

48 %

99%

99%

99%

99

100%

9

78%

106%

107%

99%

4

"106% 106 %

99%

1976_Jan-juIy

100%

Bankruptcy Act, or securities

103%

'

■

__

102% 102%

102%

7

98%

103%

102%

99%
101%

*'■

102

101 %

102

sale

year's range,

not
n

included In the year's range. d-Ex-Interest, e Odd-lot sale
Under-the-rule sale not included in the year's range, r Cash

the year's range,

y

Ex-coupon.

* -

;
,

A

Bonds

here

is

a

selling
issues

combination

„

__

^

receivership, or reorganized under

Section 77 o

current week.

flat.

were

not
sa

'

•

assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during
(IThese

104%

104

*103% 104%

the

in

SNegotiabllity impaired by maturity.
JCompanies reported as being in bankruptcy,

105

97%

6

98

delivery

Deferred

a

59%

40

11

58%

97%

*101

—May-No®

6

Y
Yonkers Electric Light &

105%

*101

—

106 %

109

1

58

102 %

105

106%

60

June-Dec
Afar-Sept
Jan-July

1971

2

*103%

—

97%

2

107'/a

deposit

2%s 1979
Public Service 3%s

mortgage

4

*107

Jan-July
Jan-July

1966

1972

100

v

103

106%

May

96
106

105%

4

101%

106

Apr-Oct

120%

92%
102

—.'

Jan-July

Sunray

107%

100

May-Nov

„■

Wisconsin

2

106% 10o%

106%

first 4s 1936—May-Nov
1976

101

96%

111

9

21

of

54

101

105%

Jan-July

Electric Power 2%s

91

50 Vs

53

104%

Jan-July

101% 101%

__

first

90%

95

65

107

101%

April-Oct

First

87%

'

Ja n-July
_Jan-July

-

1985

Standard Oil of California
Standard

ACertificates

95%

.

94%

93%

107 Va

gold 4V2s 2013
April
2%s debs 1966—Feb-Auy
Oil (N J) debentures 2%s 1971—Afay-Nov
Internat

103%

§ASu & Du div and term

93

103% 104 7/b

104%

April-Oct

1996

4s

23As

Tel

debentures

ASpokane

102%

112% 134

Ja n-July
April-Oct
April-Oct

1994

Devel and general 4s series A

Bell

2

97

Devel

Dlv

107%

87%

♦—

97

100%

Wisconsin

series F

Div

first 4s 1960

79%

*105% 106

April-Oct
Jan-July

Ry—
§ A First general 4s 1949
ACertificates of deposit

87%

101% 101%

^Wisconsin Central

98%

92

62

92%

—

103%

237

;

102% 102%

ser A

series G

Louis

93%

3%s

23As

Southwestern

96%

series E

2%s

Memphis

95%

95

Co—

mortgage

Southern

99%

91

104% 106%

104%

Apr-Oct

49

92%

96%

debentures

103%

101

101

Afar-Sept

1977_,

5

105 % 105 %

Mar-Sept
Mar-Sept
Jan-July

1992

1970

3%s series C

First

88 %

101%

*105%

—-

102

99%

98%

*51.

Jan-July

107%

76%

76%

—

,

73

4

*101

Mar-Sept

1950

1

100%

10

.

July

105%

103% 103%

92%

Pacific

called

1973

debentures

convertible

2.65s

—

103%

7

106%

!

Corp—
1971-

8

99%

Co—

1951

5s

debentures

2%s

124

123 %

—

gold

25-year

30-year 5s 1960
Westinghouse Electric

99%

98%

28

—

106

Afay-Nov

mortgage

27/8s

98%

*101% 101%

Afay-Nov

First

&

68%
103%

Bonds

Jan-July

1994-

First

2%s

53%

Union Telegraph

Western

74

88 %

gtd gold 3%s

mtge 4%s-4s series A 1969
Pacific 4%s income A Jan 2014—

Gen

99%

102'/a

1
—

ref

74%

74

1976—Afay-Nov

3%s

debentures

ccnv

first

RR

81

73%

1

74%

74%

April
April
Feb-Aug

Western

—

98%

18

Co

1971

3%s series B

mortgage

Winston-Salem S B

mortgage 27/86

3 %s

59%

98%

—

—

*123%

--

86%

75%

Feb-Auy

San Fran Term 1st mtge

Southern

St

104%

101%

■

60

98%

98%

1981

convertible

Devel

60

1969—

4 V2s

First

103%

^

Jan-July

(Oregon Lines)

4V2s

Gold
3s

^

127%

125

99

*102%

~

Jan-July

Ry 2%s

income 4%s series B Jan 1991

2000—Feb-Aug
Washington Terminal 2%s series A 1970—Feb-Aug
Westchester Ltg 5s stamped gtd 1950
June-Dec
General mortgage 3%s 1967
Jan-July
General mortgage 3s guaranteed 1979—Afay-Nov
West Penn Electric 3%s 1974
May-No®
West Penn Power 3%s series I 1966
Jan-July
West Shcre first 4s guaranteed 2361
Jan-July
4s registered 2361
.
J an-July
Western Maryland first mortgage 4s 1952_April-Oct

Pacific Co—

4%s

Gold

98%

•

„

.l&n-July

1987

First

.

127

99%

♦102%*
98%

1941_Feb-Auy

7s

1965

1985

debentures

Southern

..

103%

—

—

■

84%

*99

June-Dec
April-Oct

1971

1979

debentures

2%s

Indiana

—

—

83%

84

Ala RR gtd 5s
1963
April-Oct
Telephone & Telegraph Co—

2%s

Southern

__

.

— —

100

June-Dec

coll

Corp

debentures

„

*125%

May

.

debentures

4s

mtge

Walworth

106

105

2

105

*103%

North

Bell

66%

99%

4

303% 103%
105

income series A Jan 1981—

mtge

First

120

117%

10

Jan-July

Socony-Vacuum Oil 2y2s 1976—.
Southern

56%

142

318

*104%

1989—May-No®

1996

debentures

2%s

1 §ASilesian-Amer

Oil

1st gtd

1974

Oil

94%

90

Co—

series

& Sons 2%s 1S66

(Jos E.)

Union

Skelly

103%

1989_Jan-July

mtge 4%s series A Jan 2016

debentures

Shell

RR

4s

RR Co—

Gen
Gen

38

61%

118

May-No®

first

mortgage

93

60

60%

ref

Duluth

Wabash

101

98%

92

92%

gold 5s series A 1990
Jan-July
cons gold
4s 1968-June-Dec
Union Depot 3y8s B 1971—
April-Oct

Paul

Scioto

and

&

75

72

Warren

Second 4s inc bond certificates Nov

Paul

71

€5

«

Jan-July
mtge inc 4%s series A Jan 2022.
May

General

104%

103%

1

68%
„

*101

--

Co—
series A 1997

Louis-Southwestern Ry—
First 4s bond certificates 1989

St

68%

*75%

Francisco Ry

mortgage 4s

ASecond

St

6s 1996

4

104% 104%

gold 5s 1996—Jan-July
April-Oct
stamped 1955_Jan-July

Second

1st

,

.

The 1950 year s range shown

previously listed on the Curb Exchange.
of all sales on both Exchanges.

NEW YORK CURB EXCHANGE
In the
and

RECORD,

YEARLY

AND

WEEKLY

furnish a complete record of the transactions on New York Curb Exchange for the week beginning
It is compiled from the reports of the Curb Exchange itself, and is intended to include every
dealings have occurred during the current year.

following extended list

we

ending the current Friday, June 2.

stock

or

bond, in which any

RANGE

FOR

WEEK

ENDED

JUNE

~

2

'

-•

Friday

Week's

Sales

Last

.

'f
'

Range

New York Curb

of Prices

Sale Price

Exchange

,1 ■'

Shares

.

—

Range Since January 1

Vending

ABC

Acme Aluminum

1

Alloys

—1

Hat Stores Inc

Supply Manufacturing
Agnew Surpass Shoe Stores—
Ainsworth Manufacturing common..

Aero

Air Associates Lac

For

footnotes

page




37.

••

^^

4

11,000
100

■

'

24%

,'

—

Jan

4

May

5%

Jan

.

1% Jan

3%

Apr

.

4%

700

2%

1,000

14%

7,100

10 %

8%

8%

2 DO

7%

Jan

•

»

—-;...

—»-•
-

<

.

Alles

1

preferred

Airlines Inc

&

Fisher common

Allied International Investing
Allied

Products

Altes Brewing

14% May
SV4 May

Alabama Power 4.20%

Alaska

24% May

Apr

—

3

Air-Way Electric Appliance
Alabama Great Southern

21

3.3%
/

Apr

50

:

—

14%

*

May

Jan

2%
;

<

May

2

4%

3

•
,

11

x9% May
1% Jan

1,300

4

.' '

2%

5
1

(N J)
see

-•

1

1%

24%

24%

„10

—

10%

4

warrants

Acme Wire Co common
Adam

9%
1%

10%

—1

Corp

ACF-Brill Motors

for Week

Shares

Low

Par

High

Low

High

Sales

Range

—

.

'

Low

Par

Week's

- -

Last

Sale Price

for Week

STOCKS

of Prices

Friday
STOCKS
New York Curb Exchange

"

■

Altofer

Bros

Saturday, May 27
security, whether

Corp

(Mich) common

Co

common

Range Since January

102
4%

1,000

80

10%

10%

50
100
1
1

11
102%

,i

7%

Jan

100

99 %

Jan

V.

4%

Jan

12

92% May
102%

-

5% Mar

5%

Apr

6%

Jun
Jun

6%

3%

4%

1,100

3%

Jan

4%

17%

17%

400

16%

Jan

18%

5

17%

1
—*

5%

5%

5%

800

;.

6%

Jun

Jan

4%

1

Apr

4

1,700
100

:

1

High

Low

High

5% May
5% Mar

Feb

6%

Jan

6

Jan

The Commercial and Financial Chronicle

.

.

Monday, June 5, 1950

.

(2326)

RANGE

Week's

Last

Range

New York Curb Exchange

of Trices
Low

Par
Aluminum

Co

America

of

cumulative

$3.75

•

common

150

96%

24

24

400

24

8

800

6

Mar

53%

gAmerican Bantam Car Co class A—1

%

300

/«

1,300

%

American

1%

1

Beverage common
Cities

VA

Class B—

...—

preferred
$2.50 convertible preferred...
Hard

American

Laundry

Manufacturing Co
Maracaibo Co
Metal

Natural Gas

Republics
Seal-Kap

39%

25

12%

900

10 Va

Jan

13%

20%

400

18 Va

Apr

21%

Jan

15%

15%

600

14%

Apr

18%

Jan

15%

4%

14,luO

3'/a

Feb

4% May

19 Va

3,900

13%

Jan

20% May

29%

29%

30%

800

29% May

30% May

6%

Co

10

—

2

35

35%

7

7%

%

10c

6%

Angostura-Wupperman

£1

1

__

Manufacturing

'.

Co

U

Feb

116%

Jan

133

Mar

4%

Jan

5

Apr

6

Jan

7%

Apr

x6%

400

5% Mar

100

6

13%

13%

6

.

May

6% May
7% Jan

3%

12%

1,350

2%

100

Apr

3% Mar

Feb

6%

800

6 Va

Jan

7%

Apr

280

109 Va

Jan

112%

Apr

3%

Jan

5%

5%

•

10%

10%

■

6%
11

6,600

10

3,000

6% May
12 %

Apr

Jan

,—•

11%

11%

11%

14,100

10%

Apr

12 Va

Jan

—10

10%

.10%

10%

1,800

10%

Feb

11

Jan

•

111%

111% 113%

20

Power & Light $7 pfd

Equipment Corp
Corp
Electric

dep

10%

Ii%

1

.—

100

8 Va

Jan

11%

200

9 Va

Jan

13% May

111% May

6%

—£1

reg

Associated Laundries of America—*
Associated Tel & Tel class A
•
Atlantic Coast Fisheries
1
Line

Co

%

%

500

60%

59%

61%

425

2%

2%

2%

1,000

51

51

50

% Mar

Inc

3%

Jan

Jan

51%

Apr

4% May
15% Mar

6%

Feb

17%

Jan

6%

Feb

8%

Jan

44

150

Automatic Voting Machine
Avery (B F) & Sons common

•

4%
16%

16%

2,100

5%

600

5

8%

8%

1,100

8

1

~8%

5

4,500

Apr
Jan

6%

7%

1,600

25

16%

16%

16%

250

16

3

11 Va

11 Va

11%

500

10%

5

preferred

Ayrshire Collieries Corp

common

Jan

Apr

5%

1

Products

May
i? Jan

67%

Jan

2%

"4%

Corp warrants
Atlas Plywood Corp

7

Feb

41 Va

16%

Atlas

dep rets B

Amer

Carter

W)

(J

Co

Casco

Products

Castle

(A M)

10

& Co

Central

Maine

—1

3.50%

9

Feb

Jan

13%

May

Jan

22

6% May

Feb

100

—1
Central Power & Light 4% pfd——100
SCentral 8tates Elec 6% preferred__100
7%
preferred
.—..100
Conv preferred opt div series
100
Conv pfd opt div series 1929
100
Century Electric Co common—
10
Century Investors Inc
2
Convertible preference
—10
Cessna Aircraft Co common
1
Chamberiln Co of America
2.50
Charis Corp common
10
Cherry-Burreli common
5
Chesebrough Manufacturing com
10

Cities Service

&

Baldwin

Locomotive—

1%

Wilcox

Co

Rubber Co common
de los Andes—

American

Basic

Lt

&

Pwr

Ltd

Benson

&

Co

Hedges

Bickford's

Inc

-1

Inc

—10

Manufacturing Co
Inc

Neon

1
1

common

4
20

Clayton & Lambert Manufacturing
Clinchfield Coal Corp common
Club Aluminum Products Co

•

preferred.100

1,900
200

28

Cockshutt Plow Co common

•

American

Co

*

Hotel Inc

Public Service

Vtc ext to

Class

A

Class

B

*

Distillers
1
cumulative Junior preferred—10
Brown Rubber Co common
1

4%

Bruce

(E L) Co
Mills Ltd

Bruck

Buckeye
Bunker
Burd

Pipe
Hill

class

Inc

American dep rets 5%

Sugar

American

dep

California

Electric

20

52

Jan

15%

50

15

Jan

10%

800

10%

100

4%

4%

10,300

7%

100

64%

65%

875

84%
22

5

Feb

May

19%

19

6%

7%

115

16%
10%

Canada

Power

Feb

10% May
3% Jan

Bread

9%

Jan

24

Jan
May

67

Mar

84% Mar

19

Jan

23 % Mar

300

19%

78

5

Jan

5%

Jan

Jan

20%

Apr

Jan

8 Va

Apr
Feb

2,500

7

600

24

200

16%
5

34%

34%

22

21%

22

10

600

25%

17

34%

23% Mar
Jan

22% Mar

32

Feb

34 Va

Jun

21%

Apr

23%

Jan

Canners

Convertible

Canadian
Name

Ltd

9

26%
4

13

5%

9

Jan

11%

Apr

11

Apr

500

1% Mar

2 'A

Apr

25%

27

200

23%

Jan

27

Jun

3%

4

7,700

2%

Jan

4

Jun

12%

13%

1,600

5%

5%

2,400

11% Jan
5%

Jan

14%

Feb

6

Mar

12%

13

2,000

17%

18

800

11% May
17% May

13% May

16% May

12%

12%

700

15%

15%

1,700

13% Mar

8%

8%

200

8,300

4%

4%

2,900

100

_£1

6%

Apr

13% May
19% Mar
6%

Jan

Feb

Jan

9

%

Jan

5'A

Apr

5

Apr

■h Jan
3%

3% Mar
1 % Mar
4

changed

Vs

Apr

2%

Apr

5% Mar

7%

7%

36,600

8%

8%

8%

2,000

*5H Mar
8

22%

Jan

Jan

7%

Apr

9% Mar
24

Mar

30% May

30% May

..20

16

Apr

16

Apr

Carolina

.100
1

150% Mar
3%

3'A

3%

5

21%

21%

150

1

7%

8 Va

2,000

.2.50

3%

3%

100

common

Power

&

Carr-Consolidated

80

Light $5
Biscuit




65% May
22% May

17%

Jan

400

7%

10

7% Jan

300

8'A

Feb

8%

Apr

Co

Apr

l'/a

77%

76%

78%

7,000

1ft

82,100

17%

17 Va

17%

300

1% May
xl5% Feb
12% Jan

15

May

16%

16 JA

16%

750

15 Ve Mar

17

Jan

•

1% May

U Apr

3,100

65%

80

Feb

4%
4%

5%

2%

Jan

6Vs

Apr

61,900

1%

Jan

7'/8

Apr

5

5'A

8% Mar

6% Jan
1,100

29%

28

.6

300

14%

14%

100

6

Jun

6,100

5

28

May

11J May
17%

25

Apr
5% May

31
"■>

Jan

15

13% Mar
5%

Jan

8

Apr

Jan

6%

4'A Jan

6%

Feb

500

4%

Jan

5%

Apr

825

39%

Jan

6%

Feb

59% May

57

57

'7%

7%

300

Jan

8

May

15%

15%

16 Va

1,600

15% May

18

May

30% xl0%

3,500

9V4 Jan

II

Feb

13 Vs

2,100

12 %

Jan

14%

Feb

200

4%

Jan

5 'A

Apr

12%

5

5

5

87%

1,450

3%

87

88%
3%

700

4,200

2%

1%

2

17%

18

34%

17%

34%

1,800
10

78'A Mar

90 Vs May

3% May

2% Mar
Mar

3

May

13%

Jan

20

Aor

30

Jan

34% May

1

200

7%

100

7V8

8%

8%

8%

8%

%

h

iff

9%

9%

9%

400

6%

6%

6%

3,300
300

25,500

2,725

16%

17%

12

10%

12

59%

53%

Jan

10%

Jan

10'A

Apr

A Jan

%

Jan

9

Apr

11%

Jan

6%

Jan

16%

Jan

17% Mar

5%

Jan

12

Jun

34%

Jan

59'A

Jun

1,400

59%

Apr

7%

Feb

3% May
37% May
1% Apr

2% Mar
30 Va

Apr

37%

10,500

1

1%

1%

1%

2,400

1

2%

2%

2%

1,200

2% Mar

3'A

7%

7%

8

2,000

5'A

Jan

3

5

7%

6%

8Vs

24,100

5%

Apr

8l/s May

•
25c

10%

10%

10%

Crown Cent Petroleum

(Md)

Crown Cork Internat'l "A" partic
Crown Drug Co common

Crystal Oil Refining common
$6 preferred
Atlantic

,

10

2%

700

2 %

200

2%

Jan

50'A

Jan

18%

Jan

21%

20%

21%

•

12%

10'A

13,000

13

3,300

(Mo)

I

5

21% Jan

pfd—

80

2%

75
'

—

2%

10.000

3

'

~

—

1,700

2%
17

7%

Jan
Jan

25

Apr

9

2% Mar
63

150% Mar
4%

Jan

Apr

Feb

D
Davidson-Brothers Inc

Day

Mines

8%

Jan

6%

900

6%

Apr

x7 Va

Jan

2%

300

1%

Apr

2%

29%

29%

30

x25%

Jan

300

67/s

Apr

10%

Jan

common

Inc

35

Dejay 8tores common
Dennison

36 %

6%
2%
'

50c

Mfg class A common

.5

debenture

7

7

12%

12%

10%

10%

1

2Vs

2 Ve

Products

—10

Raynolds class B

9'A
1%

22%
11

*

Apr

Jan

14% Mar
146

Jan

11%
2%

Jan

500

8%

Jan

800

11

Jan
.Apr

30

Apr
Apr

24% Mar

Jan

12% May

Jan

Ltd—
1%

American dep rets ord reg 4s

Dobeckmun Co

.—

1

common

Domestic Credit Corp class A
Dominion Bridge Co Ltd
.-.Dominion 8teel
Dominion

24

24

200

2%
24 Vs

1

Steel

Feb

135

Detroit G^ay Iron Foundry
Devoe &

600

12%

;—100

Detroit Gasket & Manufacturing
Detroit

25

34

34

2.50

Rubber Co class A

Dayton

Mar

1

10c

Davenport Hosiery Mills

&

...

4%

4%

700

13%

5,400

5

2

Apr

3%

Apr

14 Vs

12 Vs Mar

Jan

5% May

Jan

39

Jan

37

•

May

16Vs May

18%

•

20% May

24%

•

Coal class B

9% Mar

10 Vs

Feb

Jan

88

Jun

25

& Chemical Co Ltd

Tar

1

13 Vs

13%

Dominion Textile Co Ltd common

16%

16%

600

16%

69

Jan

Feb

a.—•

Driver Harris

87%

80%

88

1,625

10

Draper Corp

28 Vs

28 Vs

29

200

24% Mar

30

Apr

98

98

100

85

98

Mar

Co

Duke Power Co

•

Jan

Dunlop Rubber Co Ltd—
American

dep rets ord reg

(The) Co
Durham Hosiery class B common
Duro Test Corp common
Duval Sulphur & Potash Co

4%%
6%

Fuel

8s

prior

„

Eastern Malleable Iron

3 Vs

3%

3%

1,200

u

•

1
*

"3%

*

3%

100

15%

15%

15%

2,200

67 Va

67

i

65

100

3%

Apr

Feb

14%

Jan

5'A

Apr

3% Mar
13

425

66

600

60'A May
25
May

75

Jan

4

"Jan

76

May

325

75%

70

66

67

100

1

20'A

20%

500

18%

Jan

$5 pfd shares of beneficial lnt

1

77

77%

75

77

•

73 %

66

•

12 %

5

19%

1

pfd

Feb

30%

s

69% May
23

'Feb

Jun

81

Mar

Jan

13%

'

12%

1,900

19%

19%

15,100

17%

Jan

23% Mar

12%

200

11%

Jan

19%

103%

Feb

108

1

6%

6'A

~6%

5

15%

15'A

15'A

10c

1%

1%

1%

1

41%

41%

25

41% May

5Va

5Va

200

4% May

6

Corp Ltd

1

Eureka Pipe Line common

900
•

200

2,700

5%

Jan

6%

%

i7e

15,400

Jun

Feb

12

1%

19% Mar

Jan

1% Mar
Jan

Jan

Jan

14

13 % May

%

10

Apr

May

x45

1

Eureka

Apr

11%

8%

100

Equipment

Jan

12%

Easy Washing Machine class B

Empire District Electric 5%

73% Mar

May

Apr
60 % May

*

Jan

400

3
75

3%

2 Ye Mar

2Va

•

$7 preferred series A
$6 preferred series B
Eastern 8ugar Associates—

Jan

17

Mar

68%

25

Corp

Apr

Feb

2%

65%

2Va

2 Va

100

Assn common

preferred

preferred

Eastern States

1

Feb

12%

£l

Duraloy

6%

5%

16%

A

Apr
Feb

May
Jan

3% Mar
83

Apr

114%

2% May

3%

112%

Jun

6%
15'A

May

34

Apr

13

9% May
13

Jan

3% Apr
69

5% Mar

2.50

Mar

3 %

May

2%

Feb
May

12

10% May

2%

5

Lighting Inc common

Jan

2%

10

Sugar common

Manulacturlng Co

36%

37

•

Corp common
$3 convertible preferred

Co
Co

11% May

60 % Mar

75

8%

Esquire Inc

Capital City Products common—
Carey Baxter & Kennedy Inc—
Carnation

9% Mar

150

(ord reg)__£1

Equity

preferred

&

3,800

22%

Emsco Derrick 8s

to

Canadian Marconi

Carman

11%
65%

Empire Mtllwork Corp

(H»
Distillery Ltd
(Effective June 2)
Canadian Industries Ltd—

1%

10%

59 %

Electrographlc Corp common

common.

Alcohol

Corby

''

Apr

65

Common shares of beneficial lnt

7%

preferred

Industrial

Apr
Jan
-

8

Electric Bond 8s Share common

Canadian

10

6
1

Distillers Co

!

Canada Cement Co Ltd common—
6%%
preference

Jan

7%

7%

Apr

310

-.8

Ltd

Co

Jan

5%

1 Va

13% Jan
4% Mar

7 % Mar

51

15%

—1

38%

Feb

Jan

20

5

1

Insurance

6%

22

n %

65%

4%

5

Apr

95

12%

Calgary & Edmonton Corp Ltd—
Camden Fire

36% May
3% Jan

Apr

May

Crosley Motors Inc
Crowley Milner & Co

Curtis

93%

common—50c

preferred

receipts

Creole Petroleum

Curtis

%

Estate

4

8%

4%

50

Eastern Gas

Calamba

Feb

8 Va

Feb

Feb

Ltd—

Feb

21%

1

Electric Products
Cables & Wireless—

100

4%

convertible preferred

8%

Carp Amer dep rets

Cable

3,300

100

1

Apr

5% May
11% Jan

12 %c

4%
6%

1,000

common

Petroleum

7

•

Ring Co

4 'A

6%

*

500

2.50

Burry Biscuit Corp

"

_4%

1

preferred class A

7%

*

Sullivan

21%

Feb

3%

*

...

Cuban

82%

2.50

B

Line

&

Piston

Burma

common

Jan

7

8%

Cuban Tobacco common

10s
-•

Mar

21%

_*
*
5c

Jan

dep rets old reg
A

173

Jan

14%

1

voting-—
non-voting

Jun

7% Mar

class

Jan

14 %

)Distillery Ltd—

Corby (H)

Apr

8

——

Feb

142%

5%

•
Consolidated Mining 8s Smelting Ltd—5
Consolidated Royalty Oil
*0
Continental Car-Na-Var Corp
1
Continental Foundry & Machine Co—1
Cook Paint ^•Varnish Co
•

2%

£1

Power

22

5%

Liquidating Corp

13%

£1

—

Jan

75

18

17%

14%

5%

10

Consolidated Gas Utilities

36%

rets ord reg
Celanese Ltd—

B

Jan

98% May

170

162%

161

161

1

33% Mar

dep

Columbia

10%

Jan

; -

1956

Consolidated

'

85% Mar

■

8Vs May

250

18

17%

17%

1

Compo oiioe Machinery

5%

Jan

94

5%

—25

Manufacturing Co

10% May
1 % Mar

dep rets ord bearer

Class

Jan

1

Commodore

200

Amer

British

6

Tobacco—

Brown Forman

81%

2,700

5%

Colonial 8and & Stone Co

700

Amer

Amer

50

9%

■

1

12%

•

Class A ..........................*

85

9

9%

Colon Development ordinary
Colonial Airlines.

36%

21%

*

i

common

84%

85

*

34%

84

—1

Co

Apr

7% Mar

17%

Jan

5% May

"

Light

British-American Oil

British

5%

Jan

6% Mar
'

7%
64%

-1

•

Manufacturing Co

British

7%

3%

10%

*

common—...

Bridgeport Gas
Brillo

*5% Mar

Jan

10

4%

1

common

Brazilian Traction Light & Power

Corp

12% May

Jan

15%

93%

1

Borne, Scrymser Co
Bourjois Inc

Jan

Jan

•

7%

•
._*

common

cumulative

38'/a

4Vs

8 Ve

common

12 Va

36%

:—1

(S) & Co common.
Bohack (H C) Co common

Breeze

13,100

1

.

prior

~4%

12%

1

Blumenthal
5%%

9%

——

1

common

Ridge Corp

~4 Ve
7

7

1

common

Birdsboro Steel Fdry & Mach Co com.*
Blauner's common
3
Blue

35% Mar

~5% "5%

"4%

1

Telephone of Canada common__25
Watch

59% Feb

Apr

•

Beck (AS) Shoe Corp
Bellanca Aircraft common

Benrus

600

4 %

common.

& Co

Beau-Brummel Ties

Bell

12%

—

Corp____...—

(L)

12%

52%

Jan

1,000

Croft Brewing Co—

—

Refractories Inc.

Baumann

100

2,000

:1'

shares

Barcelona Tr
Barium Steel

58%
37

Jan

7%

6

"7%

City Auto Stamping— .'Ji.————5
City & Suburban Homes
10
Clark Controller Co—
——1

Courtaulds

30

Baldwin
Banco

57 Va

36%

58%

preferred

26%

5%

1

Mining

Corroon 8c Reynolds common.

Babcock

Jan

22% Mar

800

Rights

Cosden

5Va

li7ff

Consolidated

$1

6%

24

5%

4

Machine
Chicago & Southern Air Lines
Voting trust certificates

Chicago Rivet &

Coro

I % Mar

Jan

3% Mar

22%

24

i

Cornucopia Gold Mines

B

lVs Mar

5%

Power Co—

preferred

Central Ohio Steel Products

Colt's

High

300

4%

412

Corp of America

Claude

Low

1

common

common

Catalin

Chief

Range Since January 1

High

-£A
ord..—.—.—-2s tid

Community

Industries—

rets

Steel

10%

116% Mar
11% Jan

11%

2.50

Aspinook (The)

Shares

Low

rets A ord

dep

Clarostat

14%

Jan

111% 112%

6%

112%

13%

3%

3%

1

common

Gas

preferred

Automatic

8% May

50

100

Common class A non-voting

Coast

Jan

Jan

700

1

American

Feb

3%
%

300

pfd

Argus Inc

Associated

27%

1,400

4%

6

..1

Appalachian Elec Pwr 4%%

Arkansas

g

1,100

10,300

Ltd—

Co

dep rets ord reg...

Natural

Feb

37% May

6%

6

..2

common

Feb

31

4%

5

Products

31

Jan

6%

128% 128

-•

preferred

37% Mar

Apr

26

50

27%

35

7%

Jan

26

1,400

37
27

26%

27

34 %

125

37
27

•

common

5%

4%

pfd—25

....

Arkansas

Jan

18

Thread

6%

39

Apr
Jan

11%

Writing Paper common—.5

Atlantic

Apr

33%

20

American

Aro

1%

25

39%

American

Apex-Elec

500

4%

Chem class A

&

Oil

2% Jan
36% Mar
41% Mar

2

35

1%

18%

Superpower Corp common
series preferred
u

Amer

Jan

11%

.•

Anglo-Iranian

8%

1,600

9% Mar

—*

Potash

Angerman Co Inc

Apr

1

Class B

Post

Jan

20

25

com

Co

American

Anchor

1%
85

Feb

common.—2

Products

American

American

Mar

Jan

20

American

American

Mar

25

Machine

American

Meter

15

48 Mar

200

Jan

57% May

35

—1
1

Rubber Co

American

American

9%

9%

10c

$2 convertible

Amer

«*»•

Feb

76%
9%

1

—

American General Corp common

American

8%

Light—

Power &

Sales
for Week

Week's

Ltd—

Carreras

Jan

26

Jan

j«

American Book -CO——.————100
American

Jan

45%
13%

503

14%

53 'A

14%

pfd

lUA%

May

7

.100% 100 %

•

conv

May

60

Jan

24

14%

5%

51%

6,400

60

Range
ol Prices

Par

High

Low

'

IB

Filter

Mr

V -6%

Last

Sale Price

STOCKS

a

Industries common..—:

Aluminium Ltd common

$6

2

New York Curb Exchange

Range Since January 1

High

58 %

59%

preferred—.-j—10Q

Aluminum Goods Manufacturing———*

Aluxninum

Amer

ENDED JUNE

Friday

Shares

Friday

Amer

WEEK

for Week

Sale Price

FOR

Sales

STOCKS
'

EXCHANGE

CURB

YORK

NEW

May

Falrehild Camera

Jam

Fairchlld Engine

Jan

Fansteei

8s

Instrument

8s Airplane
Metallurgical

1
...

"27%

27%

28

2,200

22%

Jan

1

6%

6%

6%

9.100

4%

Jan

•

14%

13%

14%

4,200

10Va

Jan

29% Mar

7% May
16%

Apr

c

fjitt •Mr)"' M

(2327)
Number 4913

171

Volume

...

Chronicle

The Commercial and Financial

RANGE

Sales

Week's

Last

STOCKS

Range
of Prices

First

Fishman
Fora

(M

1

Class

35V4

34%

35%

29,600

36%

37%

375

ft

\h

28,500

14 Va

1,200

Jan

38

11%

Jan

18

Jun

11%
7%

Apr

33

150

29%

Feb

34

700

10

Jan

14

Co

"7%

15%

Jan

18%

"6 J/4
1%

Jan

93%

1%

3%

3%

200"

Jan

7%
2%

Apr

4%

4% May
23% Mar

3% Mar
Feb

23

£1

rets ord reg

dep

6%

7%

Corp common

10

Finance

5%

1,200

7%

1,700* *

3%

4Va

3,400

10

Feb

4%

Jan

2%

4%

Jan
Feb

109

113

Apr

107 Vz

Feb

109% May

3'/4

31/2

7%

7%

7 J/2

3

2,300
2,100
200

13

100,,

13

12%

900

22%

18

1

B

Inc

Union

Gobel

(Adolf) Inc common

Co

18

5

19 Vs

3,300

Class

class

14%

Feb

44

Lionel

preferred

$4.50 prior

Jan

45

Jan

Mar

30

May
Mar

Goodman

50

Manufacturing Co

V2

%

%

1

Inc

4y4

Manufacturing

Gorham

common

Graham-Paige Motors 5%

conv

pfd

Rapids Varnish

Grand

Gray Manufacturing Co
Great Atlantic & Pacific Tea—

Northern

32

13%

13%

14%

1,600

11%

700

——

—

11%

5

Salle

Corp

140

140

132

,.;

6%

-<*"*•33

May

8%

Jan

128%
129

Apr

146% Mar

Apr

Jan

411/4

800

Apr

27'/4

27%

100

26 %

Apr
Jan

10%

109%

Jan

110V4 HOV2

60

/

Electric

Hartford

5
25

Hartford

Light

1
1
1
*
5
25c

Rayon common

Harvard Brewing Co

Hathaway Bakeries Inc
Corp

Hazeltine
Hearn

;

Dept Stores common

Hecla

Mining

Co

•

Helena Rubinstein common
Class

preferred w w

5%%
4%

„_

preferred w w

_1
10
10
5

Higbie Mfg Co common
5%
convertible preferred
Hoe

(R) & Co class A

Consolidated
Holly Stores Inc

100

19

52%

G M

•

Inc

14%

(Geo A)

Hormel
Horn
Horn

& Hardart

47%

Jan

1,500

1%

Jan

Hardart

&

*
*

Baking Co
common

(Harvey) Inc common
& Refining

Hubbell

Humble Oil
Hurd

Co—
Refrigerator $2.25 pfd

Lock & Manufacturing

Hussman

1st

convertible

1%

Jan

11% Mar

20%

X20 Va

21%

3,000

Hydro-Electric Securities..
Hygrade Food Products.

Mean

2% May

9% May

7%

900

8

16

Jan

6%

11%

900

10

Mar

16'A

16%

425

13

Jan

17% May

13 1/8

13%

500

11%

Jan

v

-■*

13% May
102

...Mar

100
1
25c

Mesabi Iron Co

common

15
1
2.50

preferred

Participating

Michigan Bumper Corp

96%

Jan
Jan

77% May

8% Mar

80

101

101

12% May

lube
Michigan Sugar Co common
6%
preferred

x7% Mar

1
Middle States Petroleum common
1
Middle West Corp common
5
Midland Oil Corp $1 conv preferred—*

3%

~7J/8

"7%

49

48

7 Va

100

6%

Jan

44% Mar

52

May

49

275

8%

9

2,100

8%

Jan

9%

Jan

3'/4

1,100

2%

Apr

3%

Jan

37 J/4

37%

50

31

Jan

9% May
43

43

100

158

158

30

33'/2

33

33

325

42 % May

Feb

46

Feb

34

Jan

18%

Jan

111%

Apr

22%

100

89%

88%

87%

1,900

4 J/4

41/4

4'/4

200

3%

25

48%

81

Mar

Jan

23

Jan

22%

•

52

Jan

167

5

52

13%

May

108%

•

37% May

32% May

158

Apr

89% May
4% Jan

Jan

52

Mar

2

Feb

3%

Apr

13%

Apr

18%

Apr

3%

Jan

3%

Apr

13%

16

15%

300
100

3%

3

3
—

Apr

18%

Jan

•
5

steel

Miomgan

*0

Hone Corp

Micromatic

Jan

3'/8

-

9%

1,400

_2 J/4

1,100

15

300

4%

5

400

10%

11

700

Products—
$2 non-cumulative dividend

Midland

•

Illinois Zinc Co common

Imperial Chemical

12%

13

Midvale

Co

Mid-West

common

shares—•
•
50c
10

Abrasive

Oil

Midwest

Co

Supply common

Midwest Piping Ac

Miller

Wohl

Industries—
registered—£1

3% Mar

Imperial Oil (Canada) coupon
*
Registered
:—*
Imperial Tobacco of Canada
„
5
Imperial Tobacco of Great Britain Ac
Ireland
£1

Mining Corp of Canada—
Minnesota Power Ac Light 5%
Missouri Public

Molybdenum

Indianapolis Pwr Ac Light 4%

Corp

Iowa

Power

& Light

Iowa

Public

May

108%

750

103

Jan

113

preferred
100
Manufacturing v t c
•
Air Chute—
1
Superpower Corp com class A__*

Fireman

Irving
Italian

For

footnotes see page 37.




12%
4%

15% May

Jan
;

Feb

5

Mar

Jan

May

12 Vs

6% Mar

8%

Jan

10

Jan

181/2

1,300

18

May

22%

Jan

7'A

Jan

800

5% Mar

14%
n%

11

12

1,700

21%

21%

22 J/2

1,800

10%

10%

11

300

12%

14 Vz May

Feb
May

11

15%

Feb

Jan

24 V4

Apr

10% May

12%

Jan

26%

Apr

29% May

15%

27% May

%

Jan

22%

Apr

27% Mar

24

Feb

28V4 May
9'A Mar

26

23J/2

23 J/2

23 Vz

175

26%

26%

27%

5,500

8%

8%

100

8% May

IVb

16,000

% Jan

13%

13,300

--

1

13%

13%

119

121

120 J/4

550

106

33% x34%

14,300

119

1V4

Feb

14% Mar

13% Mar

100

134J/4 136

'

Jan

152

Mar

Jan

131

Mar

—

400

14%

14

Jan

34% May

110% May

34 %

113 y8 Mar

26%

14%

12% Mar

Apr

,

...

States

Tel Ac Tel

Verncn-Woodbury Mills

Jan

Co.

Muskegon Piston Ring common
Muskogee Co common

8%

IIV2 May

Jan

10 y8

IOV4"

300

13 Vb

13%

400

13

May

13 Vs

131/a

100

12

Apr

10 J/4

15'A Mar
14 Va

Jan

31% Mar

31Vs Mar

34% May

—

38% Mar

2%

i»-

28

14

2'A

2

18%

Jan

25

May

50

28

27%

14%

Feb

1,900

25

23

27%

Apr.

31

Jan

900

4,300

13%

Jan

21/2

fc.100

1%

Jan

«/4

8ya

81/4

200

~6'/s

~6'/2

3,200

5

5%
53

—

17

Feb

3 J/4 May

9 J/4 May

Jan

110 Va

Apr

7 »/4 May

Apr

8

Jan

Mar

"1%

~lVz
8 J/4

55% Mar

Jan

8

9% May
1% May

Feb

9

Feb

900

7%

Feb

8 J/4 May

4,800

8%

Feb

11J/4 May

2ft

700

2\$ Mar

2$r Jan

10 Vz

9 % May

25

12%

Jan

50

25

24

Jan

26

Feb

12

Apr

17%

Jan

13%

900

4

4»/4

1,700

21

21

21 Vb

_2

2

2 Va

12%

May

1,100

212

—

7% Mar

Apr

11 J/4

11

11 J/4

Jan

6,300

/'

9

7%

7%

500

6%
7%

~7 J/2

~7%

3%

41/4 May

Jan

2,500

10%

500

20

Jan

23

23%

500

1

10 J/4

•
2.50
10
50c

4%

104 % Mar

"6%

10 J/4 May

6% Mar

9%
14%

9 J/4

10%

10c
10
•
100
5

Jan

8% May

6%

24%

50
•

1
—1

2%

Jan

Jan

28 J/2 May

1%

Feb

2%

Apr

5% Mar

6%

Jan

29%

42

Jan

34

11%

May
Feb

105

Jan

Feb
Mar

42 J/2 May

8%

8%

1,400

6% Mar

9% May

2%

"8%
—

— —

50

42

32 J/8

Apr

10
101

May

2%

1,000

2% Mar

3 J/4

25

:LOO

100

97

Apr

105
107 J/2

Apr
Jan
Jan

102%

xl84%

3%

2%

3%

Feb

7,5r '

2%

Jan

90

176 */2

Jan

185

May

Xl84% 184%
36

36

5%

5%

Jan

38

Jan

34%

3t>

5%

2,500

5

3% May

6%

Jan

Feb

15

15

100

13% Mar

15 J/2 May

32

32%

650

31 Va

35% Mar

103

104 Vz

Jan

104 J/2

Jun

60

97

Feb

29

30

450

24

Jan

30

May

44

44

44 J/2

100

32%

Jan

48

Apr

8

8

7 %

Apr

12%

Feb

16 J/4 May

10 % May

llJ/2 May

104%

300

8

■A

8%

Jan

Jan

14

16% May

Apr

Muter

106

650

75%

Jan

24%

Apr

26

101/4

10.700

7%

Apr

9% xlOVe

1,000

7%

Jan

10% May
xlO% May

Jan

12% May

Company

common.—

10%

11%

13%

13%

13%

4%

4

Vz

100

3%

3%

3%

8,800

26 J/4

26 J/4

11%

83%

84%

—

26

26

12%

12%

1,400

H

ft

700

11

A

Jun

%

Apr

Jan

Nachman
Namm's

1%

1%

400

1%

Jan

Feb

National

27%

28%

6,8()0

27%

Apr

30% Mar

National

22

22

22'/,

6,100,

21%

Apr

23% Mar

National

%

%

Mar

National

Jen

National

7% May

National

30

02%

Jan

«S

13%

13%

6%

National

vrr

94'/2

94%
6%

300

13%

Feb

16%

7%

900

5%

Jan

%

400

'

tt May

1%

National

Jan

—1
*
25
Fuel Gas—
•
Mallinson Fabrics..
1
Mfg & Stores common
1
Pressure Cooker common—2
Radiator Co
4
Rubber Machinery
10
Steel Car Ltd
—*
Transit common—
1
Hess common
common

500

12%

13%

Apr

3%

Apr

5
4

3% Mar
'

Jan

May

13%
9%

13%
8%
13

11%
—

27%

1,080

Jan

Feb

25% May

32 Vs

35% Mar

preferred

1%

13%

1

common

National Breweries

27%

rt.

—10

Corp
Inc

National Bellas
7%

2

8,100

N

84% May

25

84V4

4.90%
Iron

11%
103

Service Co—

com

Mt

Jan

12%

1
_*
.♦

Mountain

Feb

Jan

10
•

d
w d

Apr
Apr

13

8%

9%

Royalty—

27%
27%

98%

9%

Illinois G 81 E com w

Mountain States Power common

40

9%

Iowa

Producers

Mountain

1,000

*

Investors

of America

Corp

Murray Ohio Mfg

—

Jan

8%

300

participation pfd.—•

Apr

9%

107%

Registered shares
International Products
*
International Safety Razor B—.

4%

Apr

9%

North America
lo
Inernational Cigar Machinery
•
International Hydro-Electric—
Preferred $3.50 series
50
International Metal Industries A
•
International Petroleum coupon shs—*
—

Plan

11%

100

2%

Mar

5%

May

102% 102%

pfd—100

Insurance Co of

14

18% Mar

11%

Feb
Jan

16

6

5%

cumulative preferred
100
cumulative pfd series B—100
Monroe Loan Society com class A—1
Montgomery Ward Ac Co class A
»•

18% Mar

23

9%

Jan

2% May

1,400

14%

Monongahela Power Co—

15,800

22%
11%

22%

14% Mar

7'A

5%

pfd—100
Service common—
•

Monogram Pictures common

1,000

23%

x22

23

Jan

Apr

6%

50c

Co common

convertible preferred

4%%

•
1

Mid-West Refineries

Morris

American dep receipts

Jan

13%

18

--

Steel

Moody Investors
7% Mar

1-jV
10

12 % May

7%

May

22

Jan

May

9% May

7J/s

mmm.

4.40%

I
1,600

1

Apr

5%

Jan

300

4.80%

12%

28% May

~
14%

Ac Scott Corp—

74

—

9Va

—,—-—

preferred

A

Metal Textile Corp

12% Mar

—

600

~2»/a

—

Warrants
fi 'A %

11% Jan

16 J/4

1

Co

Mfg

Merritt Chapman

^.22% Apr

10%

•

•
1

CO

joniison 61

Menasco

Jan

11

*

(A

MrKoo

McWilliams Dredging

Jan

300

5

1

preferred

2%

800

8%

12%

12 J/4

Feb

42

Jan

"1'

tl
10

Harris common
G> & Co class B

Massey

19% My
53t%.May,

9%

1

Huyler's common

■;*>

2'/4

100

preferred

5%

•

9%

15

Ac Co

*

Shovel

Marion Power

Feb

70

•

Horder's

8
—10
1

Communication Co Ltd—

2Vs

101

200

Consolidated Mfg Co
International Marine

Mapes

,J&:.

9%

1

Holophane Co common

—2

Mangel Stores common—
Manischewitz (The B) Co

'

•**

•<»-

2 J/4

8

Power

1
•

Exploration
Ac Light $6 pfd

Macklntosh-Hemphill Co
Maine Public Service Co

Jan

600

2'/a

1%

1%

1,800

M

4% Mar

10%

1

Henry Holt & Co common

Hollinger

100
100

200

18%

—

5%
11%

52

18%
—

1 Vb

9%

Marconi

5%

*
2

A

Co common.

Heller

.

11%

5%

5
*

11%

Feb

16% Mar

,

Hammermill Paper common

w

Lynch Corp

1124** Apr

16% Mar

__

H
Co

21,300

31% Feb.

9

„

•

Bridge Co Ltd

22

1

Apr

Jan

21

Feb

44%

"A'

Hamilton

(Texas)

1% May

'

Hall Lamp

common

Louisiana

Febf

137

39

•

110'/4

19%
.

9%

38%

6%

i_
—-—**
7% preferred A ctfs of deposit
100
6% preferred B ctfs of deposit
100
New

12% Ja&p

May

1

2%

7 J/4

Longines-Wittnauer Watch Co
-I
Long Island Lighting Co—
Common certificates of deposit——•

16% Mar

9% May

5,900

1,000

5

5
10

•

Star Gas Co

Lone

Janv

Cr

40%

40%

25c
100

1%

1%

4

•

class A

Chain

Locke Steel

Jan

£47% Mar

-

common

Loblaw Groceterias

*

200

133

1%

2

Gypsum Lime & Alabastine

Ei

Jan

325

141

132%

25

Paper

Grocery Stores Products common
Gulf States Utilities $4.40 pfd

9

%

Apr

28% May

3%

10%

—1
*
*

common

Louisiana Land &

1

Griesedieck Western Brewery

200

31

4

25
1

•
100

Non-voting cfimmon stock.
7% 1st preferred
Lakes Oil & Chemical Co

Gt

Great

«...

80

>

Jun
Feb

45

——

*

class A

%

8,50Q.

•

Gorham

Jan

74

——

1,400

Apr

Jan

41%

•

Goldfield Consolidated Mines

4%

1%

175

25

28 J/4

15

5

20% May

Jan

2,100
——

Jan

27%

13% May

5

11

17% Jan '

3%

•

B

7

50

9%

5
1

13% May

Apr

44%

3%

3 ¥2

1
•

A

103%

800

_2Va

1

Lit Brothers
Godchaux Sugars

200

8%

12%

Lakey Foundry Ac Machine
Lamson Corp of Delaware
Lanston Monotype Machine

Apr

-

Globe

Jan

107% May

12% Mar

1

Extension University
Lefcourt Realty common
Le Tourneau (R G) Inc

12%

2,000

Jan

13

Feb

9 J/2

1

liy4 Mar

14%

12

14%

12%

3%

B

La

14%

13% May

Jan

10% Mar

27%

L'Alglon Apparel Inc
Lake Shore Mines Ltd

May

Jan
Jun

20 %

13

Jan

9%

100

39V4

1

Mar

11%

750

8%

20%

Feb

111% May
21

39 J/4

Laclede-Christy Company

Jan

8

5% Mar

20%
13

4%

Mar

17

200

-

7%

Jan
Jan

10% *■

L

116% Mar

3%

4%

111% May

12%

106% 107%

Feb

100

125
'

Jan

May

100

wtl'

Jan

3%

22% May

6% May

H41/2 115%

—

(The)

Kropp

Jan

< va

10

10

*—-

-1
33%c

Co
Forge Co...

Kreuger Brewing

12%

12%

107%

1
•
10
5
1

—

21,200

/•■>•/

12%

—

--

1

Kobacker Stores

24% May

108 Vz 109

*

Glenmore Distilleries class

Jan

Corp

Hotels

Knott

8% Mar

Jun

100%

6%

3%

1

Apr

7% Mar
24

X6V4

~6V4

8

Apr

6y4 May

100

24%

24

l,50(f

25

j

Coal

Alden

Glen

8

•—

•

-

Gladding McBean & Co

7%

8

24%

5
100
General
Phoenix Corp
1
General Plywood Corp common.
50c
General Public Service $6 preferred—•
Georgia Power $6 preferred
•
$5 preferred
♦
Gerity-Mich Corp
1
Giant Yellowknife Gold Mines
1
Gilbert (A C) common
*
Gilchrist Co

7 J/4

8

1

preferred series A
General Fireproofing common
General Outdoor Adv 6%
pfd

General

4%

Jun

1% Mar

4,500
4001

3%

3%

/■

6 J/4

6

,11 ,u

100
•
50
1
1

County Lighting common
cumulative preferred—
King Seeley Corp
Kingston Products
Kirby Petroleum
Kirkland Lake G M Co Ltd
Klein (D Emil) Co common
Kleinert (I B) Rubber Co

Feb

1

preferred

& Co

(Walter)

Kings

Jan

300

IV2

com—1
25

Corp

*
:

common

Kimberly-Clark Corp—
4%% preferred..

91

1

Jan

12% May

.■■■■:

15%

3
*
5

Kennedy's Inc
Key

General Electric Co Ltd—
Amer

Jan

IIIV2 111%

4%% pfd—100

Kawneer Co

May

16%

Gas & Electric

Kansas

6

1

Corp

Kaiser-Frazer

Mar

13

16'/a

100
1

Mfg Co common

convertible

5 %

Apr

/

Jan

Jan

12%

•

common

Alloys Co
Builders Supply

General

2%

K

Feb

8%

-

33

preferred

preferred

General

400

17%

tt Jan

ft Feb

1,000-'

8%

8%

13

Power Co

Gellman

3%

May

V

5%

2%

3 J/4

Brown Stores common

Preference

Kidde

Gatineau

2%

Apr

35% May

Jan

7%

14

14

Co

A)

Jan

2Y4

5%

Jan

6%

100

11 J/8

.*4

Brewing

(Geo

3%

11,800

4

3%

11 '/8

(N J).

.

convertible

4%%
Fuller

1,200

12%

3%

Jeanette Glass Co common
Jefferson Lake Sulphur Co

Jan

22%

Simon & Co Inc common.

Franklin

Aor

21

France—

Brewing Co

Pitt

(Peter)

Fox

High

Low

Julian Ac Kokenge Co.

11

Range Since January 1

High

Jan

May

6%

Feb

3%

1,900

deposit receipts bearer.

American

Fort

3%
33%
11

Jun

10

Low

1

Jim

3%

37

voting

B

Ford Motor of

Apr

31 % Mar

200

3%

non-voting

A

2%

300

,

Shares

Jan

76

Feb

Ltd—

deposit rcta ord reg—
Ford Motor of Canada—
American

Class

2%

x61V»

210

10

for Week

of Prices

Par

High

Low

1

T"f 0

Range

Bale Price

Curb Exchange

New York

Range Since January 1

Sales

Week's

Last

STOCKS

;

661/2

2%

2%

preferred
H) Co Inc (new)
cumulative

Co

Motor

651/4

66

York Corp common

dividend

$2

ENDED JUNE 2
Friday

Shares

High

Low

Fire Association (Phlla)

WEEK

for Week

Sale Price

Exchange

FOR

y'M.

Friday

New York Curb

EXCHANGE

CURB

YORK

NEW

36% Mar

10%

13% May

Jan

13%

9,200

10%

1,900

7%

Apr

100

10 Va

Jan

8%

Jan

11%

Jun

Mar

9%

Jan

13

:"v

10 VB

11%

5,600

x8%

x8%

200

8

6%

—

3%

1

CO -V?0"
3

500

Jan

17%

1

—

Jan

2%

Jan

10% May
14

7%
20
4 J/2

Jan

Jan
May

Feb

35

The Commercial and Financial Chronicle

(2328)

36

NEW

YORK
RANGE

Last
\

1

of Prices

Shares

Low

"ar

England Tel & Tel
—Hr
Watch Co..
convertible preferred

4%%

New Jersey Zinc

—-

Mexico

New

Park Mining

New

Co

Process

Merchandise

York

York Shipbuilding Com¬
pounders shares

24 %•

Jan

440

923/8

Feb

36% May
6% Feb

102% May
1% Apr

% Mar

VA

4%

150

3% Mar

56 %

54'/4

56%

9Va

9Vs

93/4

5,000

7%

Apr

l'A

1%

1%

6,900

1%

Feb

65

Jan

76%

Feb

7%

68

49

100

Mar

6%

Apr

Share

Niagara
Nineteen

650

95/o

650

9%

Jan

3t Joseph

31

Feb

St

13

Jan

20 %

Apr

Airlines

Northeast

Northern

Ind Pub

4%%

Northrop Aircraft Xnc———.w——

17% Mar
Jan

Sayre &

12

Apr

Jan

24% Mar

20

21

400

14%

1

2,400

i

Vi

46

45%

46%

1,600

43%

Jan

2 Va

23/4

400

2%

Jun

3% Mar

13%

13 V4

13%

300

10"% Mar

3Vs

3Vs

3 V4

800

14% May
3% Apr

i* Mar

2%

Jan

843A

102% 103%
a3/,

8%

1
*

—-

300

x5Vs

4%

12 Va

25%

25%

12%

'

High
14%

Apr

Apr

8%

Jan

Feb

6 3/4

200

3% Mar

5%

Apr
Jan

12%

800

7%

100%

15

9

15%

290

1,300

Jan

Apr

6%
15

700

Jan
Apr

Jan

13% May

It1* Jan
Mar

48

933/4

Feb

103% May
10% Apr
18 %

Jan

Fisher

Scnulte

(D

Steel

Co

Selby

Shoe

1%

1%

1,000

9

2

2

*

200

Mar

l3/4
2%

Jan
Jan

2 V4 Mar

Feb

3%

1,500

2Va

30%

4,400

May

23/4 Mar

1,500

253/4

Jan

31 Va May

Jan

2

17

17

100

13 Va

Jan

IV4

Jan

173/a

17%

100

157/a

Jan

1
•

May

8 3/4

1%

33/8

2

17

.

Apr

1

26 3/4 Mar

31%

3%

3%
2

General

Jan

5 Va

31

Inc

Apr

18%

Apr

33/4

Apr

18Vs May

1"

~1%

1%

'l Va

2,300

1 Va Mar

13/4

Jan

•

13'A

12%

13V»

150

12 Va May

14%

Jan

1

3%

3%

3%

9,600

3 Va

Jan

5

28 VB

27%

28 Va

2,500

22 Va

Jan

29% May

88%

89%

150

84 %

Jan

92

92 Va

Co

Industries

Convertible

38 3%

1

93

100

88 %

Jan

95 % Mar

Segal Lock & Hardware
Selected

13% May

23%

1

common.

Corp

23% Apr
10 Va Jan

l,b00

25

common

Scullin

Bros

4,300

25c

Manufacturing

Securities

17 Va

37 Va

1

common

Scovill

Seeman

2,400

16%

36%

1
40

Brick Co

Inc

A)

25%

17

36%

*

common

1

15 %

9%

pfd—100

Novadel-Agene Corp

5V4

12 Vs

Co

Oil

United

Jan

2,900

20,600

—50

Serv

Samson

Ltd

Jan

1,300

113/8

-\

RR Co.

North Penn

x7Vt

5 Vs

4%

preferred

Apr

12%

10%

2%

Corp

15%

17%

12 Va

5

—

Feb

600

1

Light A Power wd

Lawrence

1st convertible

12

17V8

12%

$3 preferred—50
North American Utility Securities
•
North Central Texas Oil
5

7%

8

.1.25

common.

Corp
Savoy Oil Inc (Del)

Mar

17 Vs

North American Rayon

Ave

23,000

8

Ryan Consolidated Petroleum
Ryerson & Haynes common

Salt Dome

Mines

Nipissing

Fifth

LOW

High

11%

12

...

Ryan Aeronautical Co

24% May
9% Apr

200

25 %

11

Hundred Corp common

Royalite Oil Co Ltd
Russeks

17

7'/4

25

1
5

Power common
Corp common

Range Since January 1

Low

Jan

59

New

Niagara Hudson

Exchangv

Feb

7

67

Niles-Bement-Pond

Shares

10% May
1% Jan

2,600

x7

J

for Week

Apr

200

-*
10
—10

Rosarlo

Sales

Range
of Prices

Par

53/4

VA

1

Co common

Auction

& Honduras

Week's

Last

Sale Price

STOCKS
New York Curb

High

Jan

VA

common

York
Yortc

New

100 3/4 101 3/2

,

J

New

800

2%

5% May

-1
zo
**

Co

New

36 Va

34

101 Va

Land—

Arizona

&

New

18,700

—

New Haven Clock <fc

2

Friday

L(jw

4%

Monday, June 5, 1950

.

EXCHANGE

ENDED JUNE

Range Since January 1

High

4 '/a

34 3/4

»

Neptune Meter common
Nestle Le Mur Co common
New

4%

30c

Radio

Union

National

WEEK

for Week

Sale Price

stocks

Exchange

CURB

Sales

Week's
Range

Friday

New York Curb

FOR

.

.

Inc

common

stock

$5.50

prior stock
Allotment certificates

25

•,

.

3%

Feb
Mar

1

"3%

3%

37/a

300

3%

Jun

4% Mar

1

7%

7%

8

2,100

3%

Jan

9%

Sentry Safety Control

1

1%

IV.

1 %

8,100

%

Jan

1% Mar

Serrick

1

12V»

12%

500

HVa

Apr

12% May
10% Mar

Semler

ti

1

Sentinel

Inc

B)

Radio Corp common

Apr

'

O
Ohio Brass Co class B common
Ohio

4%%

Power

%

%

%

900

%

Apr

45%

44%

45%

350

41 %

Jan

40

1113/4

Feb

preferred—

114% 115

100
31%

15

Oklahoma Natural Gas—

31%

313/4

500

30

Apr

1% Mar

Leather

Shattuck

common

•

10%

300

Mining

5

3%

3%

2,600

•

21V.

21%

400

28%

28%

29%

4,500

64

62%

64

2,350

19%

193i

17%

18

Denn

Jun

37%

Sheller Mfg Co

Sherwin-Williams

10 3A

May

13%

Jan

163/4

18

Feb

20%

Apr

Shoe Corp

12% May

18%

1

Securities

19%

600

l63/8

12%

19%

O'okiep Copper Co Ltd Amer shares—-

12%

103

9%

Jan

Sick's

25

common

4% preferred
Sherwin-Williams

Apr
Jan

10%

1

Jan

115

Shawinlgan Water <fc Power

•

class B

Omar tac__—__—

B__.

Jun

45%

——1

Oliver United Filters

Overseas

Seton

50o
—*

Ogden Corp common

Corp class

Canada

Breweries

Ltd

May
Jan

29% May

x60

Apr

69%

Jan

1093/4

Feb

Apr

50

183/4

Jan

19% Mar

200

153/a

Jan

18 Va May

18 V4

•

17%

Jan

18%

Feb

3 Va Mar

4%

Apr

•

Silex Co common

4 %

223/8

Jan

106%

•

of America class A

Feb

Va May

20 V4

100

;

of

9 V4 Mar

23%
20

*

4%

300

~57/a

500

4

—

Simmons-Boardman Publications—
$3 convertible preferred
Pattern common

•

Simplicity
Pacific

Co

Can

5%%

B

common

Pacific Gas & Electric

6%

1st preferred

5%

1st

5%

redeemable

Pacific

Power

&

Pacific

Public

Service

$1.30

1st

Light

Pancoastal Oil

Panatapec Oil

Jan

33%

33%

100

293/8

29%

200

28

Mar

29%

29%

29%

100

28

Jan

29

5%

293/,

29%

500

1063/4 106%

100

105%

105% 105%

80

103

50

pfd

•

1

„• t

Penn

Oil

common

pfd.

2,900

20 Va

60

*>«?

28 Va

28%

28%

300

28 Va May

29 Va

Apr

17

33 %

33

15% May
Feb

33 V,

600

Feb

convertible preference.——_25

31

33 V4

Apr

4.48%

30%

31

Jan

convertible preference

30%

27 %

15%

15%

25

25%

25%

50

10%

100

x22%

9% May
40

—

Apr

44

44%

25%

Jan

Jan

43/4

Apr

43% May
24% Jan

550

25%

12

57

Feb

100

48%

Feb

26%

Apr

5%

original preferred

4.62%

.

prn'orrorf

cumulative

112% 113

—

4%

—

34%

34

150

4"%

300

34%

600

•

preierrea

5

17Vi

17 Vs

17%

23/4

23/4

2%

55%

55%

293/4

Jan

Standard

Apr

53/8

Apr

Brewing Co

Standard

5%

Jan

40%

Jan

Standard

VA

200

Jan

Standard

Oil

850

53%

Jan

59%

Feb

Standard

Power

Jan

13%

Apr

Common

&

Light

common

% Mar
21%

21%

22%

900

4%

43/4

1,400

19%

20%

600

4% "
20%

17%

Jan

4% May
17

Jan

% Jan
24% Mar
6

25%

Jan

Apr

Standard

Tube

2,400

Co

class

~2%

9%

~9%

10

393/4

39%

1

6%

274

2%

__

2*

2

17%'"

17%

2%
2%
18

100

4,400

55'/a

55%

27%

26 %

27%

560

3,400

1
10

4%

—

2.50

6%

•

6%
16 %

„

35%

8teel

Co

Stein

(A)

of

Canada

&

Co

—

40

7

10,100

63/4

170% 170 Va

—

ordinary

55

Jan

18 3A

Jan

60V8 Mar
273/4 May

Vs

8'/a

8Vs

5%

6

3%

3%

5%

5%

Jan

4

Jan

Jan

18

Mar

1,200

6%

500

6%

Apr

100

14%

Jan

36%

250

_•

(J B) Co

com

3%

Apr

Mar

33

Jan

53/8 May
7% Jan
18 Va
98

Apr

May

Jan
Feb

40

May

8 Va Mar

7% Mar
173

Mar

300

6%

Jan

8% May

4V4

Feb

7 Va

Apr

2% Mar

4%

Apr

4V»

6% Mar

19 Va

191/4

19%

400

11%

11%

11%

700

8 Va

8V3

500

Jan

163/4 Mar

1

1%

1%

19% May

22 % Mar

5

1

(

25

Jan

10% May
7% Feb

12 Vi

Jan

83/8

Apr

2%

Apr

73/a

Apr

200

3/4

Jan

63/4

6V4

6 34

3,900

3%

Jan

19%

19 Va

19 %

550

14 V4

Jan

19 Va May

f

Stop & Shop Inc.

1%

1
♦

common

Corp

1,000

17

Stetson

Products

Jan

155

300

53/4

Jan

33/8
18 V«

10% May

2,700

•

Sterling Brewers Inc
SSterling Engine Co
Sterling Inc

Aluminum

3%

10

8

3 Vs

3Va

3%

800

Apr

3% May

2

1

17%

17 Va

17%

100

16 V4

Feb

19 %

common

•

14%

14 V4

14%

400

13

Jan

16 3/4

Ray Drug common
Superior Portland Cement,
Superior Tool <Ss Die Co

25c

4%

4%

4 S/8

300

20%

275

Stroock

(S)

Co

&

Apr

15 Vi May
233/, May

34% Jan
3% Jan

400

l3/4

Jan

Jan

9

1,200

6% '
6%

1

common

Sterling

Jan

Jan
Jan

May

Mar

2% Mar

700

5%

Sun

Isus

.

•

12

12

500

93A

Jan

37% May
12% Mar

17%

193/8

8,500

11%

Jan

19%

2%

2%

15,300

1%

Jan

400

7

Mar

9%

100

93/a May

104%

103% 104%

275

103%

xl8

xl8%

400

143/4

Feb

18%

Apr

Technicolor

11%

100

103A

Apr

123/4

Jan

Jan

8%

Apr

Texas Power & Light 1% preferred. 100
Thew Shovel Co common..
5

20

Apr

Jan

Feb

6

Jan

24

Jan

8% May
10% Mai

*

20

4% Jan

3 lA May

8%

2.50

—

183/4

1
1

Prosperity Co class b

Feb
Apr

19% May

95

•

•

Providence Gas

21#
3%

Jan

4%

_100

America

May

l3/8 Mar

14

25c

common

2 "a

14%

%

Jan

17 y. Mar

1

3%

—

2,000

5

9 Va

400

1

1'

B

33/4

19

1

(The) Corp

17%

30,900

14 Vs

to
1

•

Standard-Thomson Corp
Starrett

~1%

13

*

preferred
Standard Products

42 % May

Mar

2% Mar

20

B

283/4 May
4% Jan

Feb

16

1

common—1

Corp

(Ky)

class

~VA

13'A

_l
10

_i

Corp

Forgmgs

553/4

I3/4

2.78

$1.60 convertible preferred

Jun

3%

10

Dredging

Feb

333/4 May
2% Jan

Jan

3Va

2,000

•

Standard Cap A Seal common
Convertible preferred

3%

26%

200

12%

31 V» Mar

"

200

40

Jan

32%

300

•

3%

3%
x38

Mar

Mar

29%

600

39%

Feb

4%

28%

9

Jan

113% May

27%

27%

zo

1,300

1

11

3

—

25

Royalty Co
8peed Queen Corp conv class A
Spencer Shoe Corp
Stahl-Meyer Inc

2%

Mar

46

Southland

10%
107

25

Southern Pipe Line

27% May

.5

common

Producers Corp of Nevada.^

•

2%
8%

8

9%

—

SwaD

Finch

Oil

1

Corp

3

27/a

3

2V4

Jan

3%

8 Va

600,

13

Jun

Jan

9Vt Mar

Apr

Colorado—

cumulative preferred

Puget Sound Pulp & Timber
Pyle-National Co common

10Q

common

•

9

Pyrene Manufacturing

1q

11%

—

7%

7%

7%

500

7

Jan"

106

May

Tampa

Thor

Electric

Co

Inc

•

inc

Roofing Tnr.
Tishman Realty & Construction

—•

preferred

■

Quebec Power Co.

107

103% 107

100

158% 1583/4

•

15%

16%

Tobacco

400

93

Jan

109%

Feb

50

154

Jan

159

Jan

350

133/4 Mar

16% May

& Allied

—.

10
A

Rath Packing Co common

Raymond Concrete Pile

common

preferred
Raytheon Manufacturing common
Reading Tube Corp class A
Regal Shoe Co
Reis (Robert) & Co

400

1%

1%

100

•

--23 Vs: 23%

600

•
5

6.25

Jan

24% May

10%

10%

5

n%

23.600

5

r

5

1,400

3%

1

4

600

lVs

1V4

1%

Jan

Jan

28

Jan

Apr
55% May

27

Feb

58

Feb

13%

Apr

23

6%

Jan

l3/4

Apr

4

Feb

Feb

4%

IV2

Rochester Gas & Elec 4%

pfd F

Roeser & Pendleton Inc common
Rolls Royce Ltd—

%

Apr

29%

550

27%

Jan

900

23%

Jan

102

1

3%

2%

3%

700

2%

2%

2,900

*

2%
—

44

;

101% 101'A

42%

46%

50
700

common

Roosevelt Field Inc

93/4

Rotary Electric Steel Co
(The) Corp common..
page 37.




lo
1

7%
29

28

9%
7%
29

300
200

1,600

Jan

200

774

15% May

•

—w

7%

600

14

900

123/4

Apr
Jan

102

210

75

Jan

16

Apr

Jan

143/4

Feb

18

Jan

8%

Jan

15% Mar
115

Apr

Trans

preferred—
of Nevada-

Mining

T.11*

Dorp

Trunz

Inc

80c

.100

__

Worss

convertible

1

1%

Feb

274 May

225

101%

Feb

105% May

1

lVs-

3%

1

3%

%

800

36

Mar

1,400

3%

3%

1734

17%

274 Mar

•

6,600

17%

400

2% Jan
17

1

—

—

_

12 3/s

—

—

—

13%

Feb

500

Jan

26

Jan

14%

Apr

11 Va Mar

3,200

12%

•

12%

Apr

3% May

19%

8%

—

11%

Apr

1 Va May

4%

20%

'

—•

__

preferred

Jan

1,100

2,200

~3%

common—

Apr

900

2%

104 % 1047s

104 Va

•

__

1

45

n
39%

•
__

Tung-Sol Lamp

Jan

7/a
2%

warrants

Temper Corp

Apr

Jan

36%

J*

36%

1

Tri-Continental
True

534

Mar

4%

'

*

70c

KVi%

15%

Apr

Mar

U

2% Mar

3%

Apr

Ulen

2

Jan

2%

Apr

Union Gas of Canada

98 %

Jan

102%

Feb

Union

Investment

25

Jan

46% May

Union

Oil Co of

9

5
9

Rowe

Edison

Realization Corp
Unexcelled Chemical Corp

$3.75

dep receipts for ord reg—£1

Feb

11%

,

"

100

263/4 May

1

13 Va

f

—

--

7%

32% Mar

253/4

100

Jan

36%

Jan

400

29%

26%

-

Apr

122'/a

Apr

263/4

—_5

263/4

Apr

5% Mar

3%

.•

Engineering
•

Richmond Radiator.
Rio Grande Valley Gas Co—
(Texas Corp) vtc

see

21

24%

--

1

Reliance Electric &

243/a

Jan

115%

13%

•

Rnvftlt.y fiorp

Tonopah

24 %

Jan

163/s

60

12% .12%
•

■

1

Security Trust Co Ltd—
Amer deposit rets ord registered
£l
Amer deposit rets def registered
5s
Todd Shipyard Corp common.
—20
Toledo

10

$3 convertible

Rice-Stix Inc

1

243/8

33

1,800

774

_

Railway & Light Securities—
Voting common
Railway & Utility Investment

300

22%

—

*

—

.1

Stocks..

34 3 i

22 Vs

Tobacco

Toklan

R

34%

11634 117

'

——

zoc

Tiln

common

22%

5

common

Maricets

343/4

•

common

common

Corporation

Thonnart-

•For-footnotes

May

C1imHl0 + '"0

4.56%

200

^—50

Pratt & Lambert Co

Corp

48

4.88%

Jan

„

1

common.

Mining Co.—

Cable

Mar

7%

„

Pleasant Valley Wine Co_
Pneumatic Scale common

Rome

22

Apr

5.300

1

American

33% May

Jan

43/4

43/4

1

common

Feb

14

5%

11%

•

common:

Feb

25%

5%

4%

2

6%

33%

20

Apr

Jan

10%

Piper Aircraft Corp
Pitney-Bowes Inc

Quaker Oats

32

—

4

Jan

4%

Pioneer Gold Mines Ltd—.

of

33 'A

Jan

Jan

10%

•

common

of

3

3

50c

.

Pinchln Johnson Ltd Amer shares

Metals

700

May

25

11%

100

Rubber common.

Prentice-Hall Inc

3%

3%

Apr

53/4
10

41%

$7

Power Corp of Canada
6% 1st preferred

Jan

83/8 Mar

Feb

44%

Pepperell Manufacturing Co (Mass)__20
Corp
2.50

Powdrell & Alexander

Feb

27/a

300

Apr

May

Apr

—

•

2.50

Pittsburgh & Lake Erie
Pittsburgh Metallurgical

13%

6,200

3%

10

17

1,800

5
10

12.50

1

40

15

4%
10

1

Southwest Pa Pipe Line
Soutnern Calif Euisou—

3V4

Jan

Apr

Perfect Circle

Pierce Governor

2% May

2%

1

Philadelphia Co common
Phillips Packing Co

4%

1

common

Apr
Mar

38%

3%

•

4%%

South

14%

14%

1
common

7 '/a

325

400

•

(The)

Service

Jan

1,600

Jan

32 V4

1

Corp

2%

269

15,900
12,100

10%

1

Public

May

Coast

2%

—

230

23A

25
com

Penn Water & Power Co

Pressed

15%

South

286

•

Co

Corp
Manufacturing

Boss

281

39%

—

25

Pep Boys

Polaris

105

Jun

31% May

2%

-

1

preferred

4%%

105% May

Jan

39%

—

_•

Peninsular Telephone common—
$1 cumulative preferred

Penn Power & Light
Penn Traffic Co

£1

Paper Mills

Sonotone

107% May

Aircraft

CO ^

100

Mar

5%

!

23%

5

A

(Howard)

293/8

Apr
Jan

143/4 Mar

Smnn
Solar

103

2

$1.32 cumulative

Mar

May

1

53/4

___

Pennroad Corp common
Penn Gas & Electric class

34

32

29% May
293/4 May

1043/4 May
98% Jan

—

—

—

Amer shares

(C A)

103

Feb

~5%

•

2%

•

t c

v

■

—

Jan

Feb

9%

373/, May

x28 %

•

1

common

(C A)

103

100

Ltd

Pharls Tire &

313/4

29%

106%

Parkersburg Rig & Reel
Patchogue Plymouth Mills
Co

Jan

—•

common

Paramount Motors Corp..
Parker Pen Co

Patlcan

73/a
343/4

25
25

preferred

Page-Hersey Tubes

200

2,100

—

—

25

Lighting $4.50 preferred
div cum pfd

$4.40

8%
373/4

25

1st

preferred
5% redeemable 1st pfd series A
4.80% red 1st preferred
Pacific

37%

25

preferred

8%

37%

„

1st pfd—23

28

—

1

Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord registered

Mar

9

Mar

6%

Jan

22 % Mar

8%

Jan

9%
10

Co.— x—

Union Stock Yards of Omaha
United

May

United
United

United

Products

Chemicals

Corp

'/a-7

3%
13%

3%
15

9%

•
100

common—50c

common,,,

warrants

Elastic Corp

200

9

100

'

__

.

3%

•
..

..

12%

Jan

7%

800

99% 100%

——

% May
2% Mar

1.400
2,600

-

Jan

1%
4

Jan

May

16% Mar

9% May

.

—

Jan

10% Mar

4

T

California—

Apr

8 % Mar

30

3%
14%

5
•

preferred series A
Aircraft

74*

10c

•

'1

'

•

—

38

3%

1.800
«•

_

A

32

Jan

o4

-

3%

x98% May

4%

Jaa

51%

12/200
300

33

33

i'a

May
Jan

40

Feb
Mar

70

2% Mar
48

•

%
33 Va

T-t 0 0 £

~

Apr
Jan
Jan
Mar

Li

Volume

Number 4S13

171

..

Friday

Range

Low

Par

Molasses Co

Amer

United NJ

RR

Front

Snaring

S

U

S

and

1st

U

S

Rubber

United

Products

Utah

&

42% May

Jan

14%

100

'2%

2V4

1,500

1%

17%

17%

1,000

15%

•

3%

3%

37/s

1,400

•

90%

90%

91 %

450

83%

Jan

1

5%

5%

5%

1,400

4%

Jan

~i%

1%

1,300

52%

52%

200

Securities

warrants

"1%

A Debenture

Isarco

with

A Italian

Nov

1

Midland

Milwaukee

Gas

Feb
Mar

93

Ohio Power

Feb

3%s

1.3/4

Apr

Piedmont

Jan

Jan

27% May

Oct

Corp

7%

6%

7%

4,900

5

74%

76%

50

68

Jan

77

27

Jan

32% Mar

Vanadium-Alloys Steel Co

•

Venezuelan

1

5%

~4%

5%

24,400

20c

3%

3%

3%

2,300

Petroleum

Venezuela

Syndicate

Inc

Vogt Manufacturing

3% Mar
2%
12%

•

.

7%

Feb

Jun
May

5%

Jun

4 %

May

Feb

1

1940 coupon

1%

1%

100

1V4

Jan

2%

Apr

67/e

7

400

6% May

9%

Jan

Waitt & Bond
$2

1
.

~1%

~1%

30O

10%

400

2%

%

A

West

Texas

Western

Manufacturing-..
1.25
Utilities $6 preferred
*
1st pfd__100

Tablet

&

Stationery

3%s

series
and

1st

Edison

Westmoreland

Weyenberg

1%

Jan

6%

Jan

87/e

Jan

M

California

Southern

Gas

(Hugo)
3rd

A7-4s

Stinnes

3'As

Wichita

(Wm)

2nd

A 7-4s

stamped

Terni

(The)

Willson

(R

Feb

A6%S

with

A6%s

ex

28% Mar

A7s

1940

1

Aug

Aug 1

with

Feb

A 7s

ex

217/e Mar
19

1,700

2%

Jan

200

"17%

Feb

2,000

7%

Jan

Products

5%

preferred

w

w

I

May

3%

100
50

31%

100

147/b

147/a

8

147/8

Dec

Dec

deposit

133/4

10,500

1%

1%

Interest

111

or

Sale Price

June-Dee
Jan-July

Appalachian Elec Power 3%s 1970
Atlantic City Electric 3%s
1964
Bethlehem Steel 6s Aug 1 1998

income

A 6s

Western

6s

14

Jan

16%

Feb

133/4 May

Jan-July

4%

coupon

1940

1

coupon

"l%

Authority—
of 1947—1978

Bonds

Friday's

Range Since

Sold

Jan. 1

!

Low

No.

High

High

13

1073/e

109%

104% 104%

4

1033/e

106

166

173

1023/4

180

1023/4 1023/4

15

Jan-July
—Jan-July

1977

3s

943/4

943/4

95

57

100% 101

101

116

100

100

95%

99%

101

300

3

100% 100%

—

91%

5

100

100%

99 %

& Western RR—
N

of

Elec

with Nov

A6%s

ex

5s

57%
102 %

57%

57%

40%

40%

2

101% 102 y4

10

40%

11

$117% 117%

—

55%

60%

40

47

101%

1037/e

117%. 118%

—•

5%s

External

5s

Residential

May-Nop
May-Nop

1953

coupon

coupon

1953

Western

Ry

Mar-Sept
Jan-July

Western

1950—

4s

Green Mountain Power 3%s

&

58

57%

•

58

5

$30

—

61

57%

—

—

June-Dec

1963

65

65

$99%

„

2

52.

Jan-July

1958

market

(Dec

series E

$44

—

304%

'

45

$41%

43

83

1

1955;

—June-Dec

—-—

1941 coupon)

1941 coupon)

{Aug

F

104

»

„

Week's Range

*

or

Bonds

Friday's

are

2

80

76%

Sold

v

High

No.

T

89

90

2

86

High

60

—May-Noc

$94%

95

79

Feb-Aug

i

1955

stamped

of

53%

$52%

$82%

85

77%

1953—

7s

71%

46%

—

—June-Dec

; 9%

9%

7%

24%

14%

23

:

$37

39

33

38

1

$52%

56

46%

54

50

50

50%

50%

37

48

80

91

31%

37%

$8%

June-Dec

$50
$50

—

$40%

—

$85

91

$37

1947
6s 1931

1927)

Oct

94%
.,89

$20

Jan-July

1951

76

71%

$75

39

'

..

stamped

(Plan A)

reduced

Interest

Mar-Sept

2008

2%s

to

(Republic of) —

Peru

1%S to 2%s
de

Janeiro

Interest
ARusslan

%s

(ser A B C D E)
stamped (Plan A)
2012

1997- —Jan-July

25%

31

37%

38

2%

June-Dec

3

10

2%

3%

3

2%

Jan-July

1919

1921

18%

165

24%

$36%

Jan-July

reduced to 2%

Government 6%s

23%

24%

3

5

2%

3%

•No

par

value,

a

eOdd-lot transaction

d/Bx-lnterest.

Deferred delivery transaction (not Included in years ra:nge).
range), f Ex-distribution. 8Ex-stock dividend,

(not included In year's

87

10

83

92
85

Jan-July

,

1952

85

1

83

1

'

Indus¬

Rail¬

Util¬

trials

roads

ities

56.29

43.67

78.16

56.42

65

Stocks

"w

Grade

10

Total

Grade

Util-

40

Rails

ities

KDver-ie-BciiRfer Industrial Slock
(35 Stocks)

102.56

104.66

92.36

105.11

101.17

May

27

27

221.71

May

29

222.47

May

30—

May

31

Quotation Bureau* Inc.

78.36

102.57

104.60

105.40

37.43 Jun

2

35.13 Jan

4

43.80

78.54

102.60

104.50

92.17

105.38

101.16

223.23

55.70

43.50

78.21

J 02.61

304.25

91.96

105.35

101.04

223.71

55.33

43.50

78.19

102.60

104.12

91.72

105.36

37.30

May

30.

Closed

31

100.95




92.32

20-

101.22

56.28

-

Holiday

Holida y

—

1650

High;
Low

May

43.68

223.42

Range for

37.32

May

May

Average

-

Closing

Date—

Bonds

trials

voting trust certificates,

vtc,

w," without warrants.

Compiled by National

Second

stock;

"n-v," non-voting

y' when issued; "w w," with warrants; "x

10

First

Rails

Indus¬

»-

above—"cod," certificates of deposit;

tive; "conv," convertible; "M," mortgage;

representative stocks and bonds
compiled by Dow, Jones & Co.

'10.

§Reported in receivership.
Abbreviations used

91%

-Bonds

Total

15

sales being

no

being traded flat.

957/e

the daily closing averages of

20

A Bonds

92

$88

hat-

Transaction. t r cash
divi end.
transacted during current week.

principal.
n Under-the-rule transaction
(not Included In years range), r
(not included in year's range),
xEx-dividend, yEx-rights, zEx-liquidating

95

87

10

-

Jan. 1
Low

76

$75

Apn'Z-OcI
Jan-July

Waterways —
6%s stamped 1952—

(issue

Parana

86

90

85

1957

the New York Stock Exchange as

Date—

Range Sine*

Bid & Asked

Sale Price

Period

May-NoY
April-Oct
AMortgage Bank of Chile
June-Dec
Mortgage Bank of Denmark 5s 1972-—.—June-Dec
A7s

88%

80

Feb-Aug

1952

1941 coupon)

(July

3

87

1955——

1957^.——-—

-Stocks-

1

Friday
Last

./:w

Interest

43%

80

--

45

41%

__

81%

—

30

2

101 y8

104

104

Mortgage Bank of Bogota—
A 7s
(issue of May 1927)
1947

100

103%

—

Slock anil Bond Averages

June

120

——Feb-Aug

$Friday's bid and asked prices;

June

107%

120

City (Peru) 6%s stamped 1058—Mar-Sepl
stamped (Plan A)
2%s 2008
—May-Nop

AMedellin

Sec—

Power

series C

97

106%

71%

99%

__

$103% 103%

—

RR—

(coupon on)

Ex-coupon

91%

14

__

Mtge Bank—

stamped 1961
Trunk

63

$119%

Port &

AExternal

Rio

Co—

1940

1947

.

—Mar -Sept

1956

5s

Mfg

Dfay-Nov
May
Jan-July

1993
1993

A

series

1

1

Nov

104

$106% 109

June-Dec

—

95

95

Mar-Sepl
_June-Dec

1954

1960

Union—
debentures 1959

External

Danzig

A 5

on

62

Division—

J

4s

102%

24.

60

$30

1043/4

$173

100

A6%s

listed

$56%

Interest reduced to

series

Water Lt & RR

Below

64%

Maranhao

;

series

57

62%

103% 104

104

—

Agricultural Mortgage Bank (Col)—
A 20-year 7s April
1946
A20 year 7s Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s 1948
—
Danish Cons Municipal Loan—

1123/4

Marelli

A7s

58 '

Jan

2

Mar

108"

Ercole

A 7s

58

43%

$58

June-Dec

1956

1956

•'

108

Elmira

A7s

43

3

$30

New York Curb Exchange

103

Lack

A6%s

1

52%

52%

Feb-Aug

1953

Afay-Noy

\i

.

Feb

45

mortgage 4s series B
Eastern Gas & Fuel 3%s 1965

A7s

54

,y 54

—

52%

Apr

40

mortgage

A6%s

96
90

Apr

1103/4 111

Co debenture

International

89%
79

123/4 Mar
35%

105% 105%

bonds

series A

1
1

107% May

HO3/*

1954

A 1st

6s

96

84%

Co—

debentures

f

s

105%

Transit

Guantanamo

v :

—

96
84%

96

May-Nop
Ap7il-Oct

Newspaper

conv

Mar -Sept

Lackawanna

5s

106 7/»

107%

Jan

107% 107%

June-Dec

Registered

Grand

102

106

1947 coupon 1953—

Traction

Penn

West

Electric]Corp 5$ debs 1948—Jan-July

revenue

Finland

106%

101%

Waldorf-Astoria Hotel—

ALlma

debentures

1st

103%

4% Mar

Bid & Asked

107%

Quar-Feb

1970

Boston Edison 2%s series A

Delaware

107%

109%

14% Mar

Week's Range

Low

Called

12

Apr

10 y8

;2,7C0

Last

Period

New York Curb Exchange

Cities Service

105 %

Low

BONDS

33/4S

104%

$106

Feb-Aug

BONDS

Friday

Chicago

108

__

May

3% Mar

_5s
£1
_•

receipts

Wright Hargreaves Ltd

Central States

105%

105

$102% 103%

April-Oct

1947 coupon

1

Ltd—

W)

preference

5%s

May

127/e May
12% May

200

12

2

6%

106

104 *"

*

Woodley Petroleum common
American

9

9

104% Mar

31%
106

3%

Apr

22% Mar

29% Mar

40

31%
106

100

'

4%

4% May
9% Jan

13%

Wocdall Industries Inc

(F

100

3%

pfd

1

Wool worth

6%

13%

—•

Lt 4%%

&

9

6%

25
25

,

Pwr

19%

8%

—1

—

5% preferred xw
Winnipeg Elec common

Wisconsin

8%

1

Inc

Brothers common

Wilson

IS

10
5
*

Co

107 %

12

fl06%

Jan-July
1970.

1969

Feb

Corp—

&

102%

1

104% 104%

Triborough Bridge & Tunnel Authority—
Service

Apr

Corp_.
C)

102%

2

107 % 107%

102% 102%
104%

Hydro-Electric Co—

Electric

17%
3%

165
105%

$106

1946

revenue

18%

3%

160%
104%

Corp—

2%s

1
1

61

105%

$104

stamped 1946
Industries—

United

32 %

Co

Oil

River

Wickes

Williams

&

57%

163% 163%

April-Ocl

1970

Washington Water Power 3%s 1964
Whitman

3

98%

(Hugo))

Jan

18% Mar

Mlg__

58

Feb-Aug

1973

B

& Bros 5s 1989
5s coll trust 1966

(AG)

114%

24%

58

$105

_JI4ar-Sept
Mar-Sepl
Jan-July

Corp Inc

1753/4 Mar

250

106

3
—

3s 1981—May-Nop

1971

motrgage" 3s

Jan

50

297/a

106%

106

106

108

'

(Calif)—

Southern Counties Gas
1st

105%

106

Jan-July,

1965

3s

series

3s

Feb

—10

Inc

Shoe

27%

29%

29%

20

Westmoreland Coal

58

98%

$106

--

107%
105 %

3

t30

1973

A

ref

158

20

27%

*

com

Feb
Jun

4

April-Oct

Lt & Pow 6s B 1952

112%
174

173

Maryland Ry 7%

Western

2,350
900

106

105%
105%

-i-i

98%

98%

Apr

Apr

.7% Mar

12,500

8%

2%
133/4

Feb

V4

U
4%

8%

-1

Baking Co warrants

Wentworth

1113/4 May

1% Mar

10%
4

Watch Co. vtc w i

fWaltham
Ward

Jan

30

Inc

preferred

cum

106'A

105%

$105

•.

April-Oct

California

Stinnes

•

Wagner Baking voting trust ctfs ext—•

ICS

;

June-Dec
Jan-July

1952

Starrett

100

106

305%

15% May

Jan

W

preferred

April-Oct
Jan-July

6%
debentures 1998
Borough Gas & Electric—

5%s series A

Spalding

7%

66%

103

6

105% 106

105%

.April-Oct

1960

Southwestern Gas & Electric 3%s

Waco Aircraft Co

3

50-year
Queens

San Joaquin

76%

1
5

common

convertible preferred-.

21

106 % 106%

1947 coupon 1960
Public Service Electric & Gas Co—

Southern

$4

103:.

60%

103% 104%

1

Safe Harbor Water Power Corp

V
Valspar

55%

Hydro-Electric Co—

Apr

Jan

101 %

—

65%

$64

1970

3 3/4

23%

7

„

$101% 102

--

■

29%

500

63

47%

17

50

Afar-Sept
May-Nop

4%s

1st mortgage 3%s 1968—

28%

26%

98

E6%

April-Oct

mortgage 3s 1971
Lexington 1st mortgage 3s 1964
Pennsylvania Water & Power 3%s 1964

27 V* May

x26 %

High

88

24

€0

49%

50

Feb-Aug

1956

1st

Jan

26%

-

Park

53/4

Feb

Jan-July

1967
New England Power 3%s 1961

A6%s ex Oct

2%

1863

6s

Light

A6%s with

100

94%

$30

-Afar-Nov

Valley RR—
at 4% to 1963--—*;

Apr

3,200

94%

$56%

Extended

Apr

3%

1952.

1952,

coupon

McCord Corp debentures 4%s

2

28 %

.Jan- July

1952—

coupon

1940

Superpower

57

3%

1940

1

Feb

28%

5
•

certificates

escrow

Nov

40

3%

10

Light common

Apr

4%

1% Mar

Jan. 1-

Low

NO.

Apr

2% May
18%

Fb

3% Mar

—10

-

93%

Range Since

Sold

High

Hydro-Electric Co—

A7s with

25

10

Co common

16

Jan

1% Mar

1

50c

Oil

Sugar

Power

Jan

12

42%

14%

2%

Corp common

Insurance

Utah-Idaho

40%

80

42%

14%

Reclaiming Co

Universal

Apr

40%

42%

17

Mar

•

Apr
49% Jan

1

Consolidated

Universal

1

6%

1
10c

.

common

Stores

Universal

245% May

Jan

Jan

4,600

43%

43

Apr

Jan

%

300

%

43%

with

preferred

Radiator

4

common-.
—25

Corp

International

S

Jan

15

Apr

5

-

U

$5

Feb

236

%

25c
10
25

common

Air Conditioning
Foil Co class B

U

37%

30

100

common

Preferred

Specialties

19

registered

preferred
United Shoe Machinery

U S

19

Jan

lo

Bonds

Friday's

Interstate Power Co—

A7s

10%

United

16% Jun

Jun

4

Canal

&

29% Mar

Apr

16%

400

or

Bid & Asked

Sale Price

High

1 '/t Mar

•

.

Week's Range

Last

"

Period

Low

Ltd—

deposit rets ord

Unitea

27%

10,400

16%

Interest

New York Curb Exchange

Range Since January 1

•

participating preferred

2

BONDS

Low

277/a

16%

16%

—7

Ex-distribution
United Milk Products common

JUNE

ENDED

Friday

Shares

High

27 %

2716

Light & Raiiways ex-rights—7

WEEK

FOR

for Week

of Prices

Sale Price

New York Curb Exchange

RANGE

37

EXCHANGE

CURB

YORK

Salc.fi

Week's

Last

STOCKS

75c

&U lUhMAUi aft

(2329)

J

United

kl.j&AWU 'BLW ,rti

...

The Commercial and Financial Chronicle

.

MEW

United

JiSdJlhi, „(

I

«

Range for

37.36

June

1...

37;39

Bigh

June

2

37.43

low

—

—

1

1949

35.20 Dec. SI
27.79 Jun. 15

38

The Commercial and Financial Chronicle

(2330)

Transactions at the New York Stock

Number of

Week Ended June 2, 1950

Saturday

and Miscel.

Total

Government

Bond

Bonds

Stocks
Bonds

(Number

Sales

of
Week Ended June 2,1950

$108,000

$966,000

296,000

$858,000
2,084,000

467,030

United States

Bonds

Bonds

Bonds

Shares

—„—

Foreign

Monday, June 5, 1950

.

Daily, Weekly and Yearly

Int'l
Bank

Railroad

.

Transactions at the New York Curb Exchange

Exchange

Daily, Weekly and Yearly
Stocks

.

2,380,000

Saturday

3,557,400
3,417,600

Tuesday
Wednesday

Thursday

Par

i

Value)

Foreign
Domestic

Shares)

Foreign

Government

Total

Corporate

1,110,394
'

-

Tuesday

—— —

.

Wednesday
Thursday
Friday
Total

$4,000

504,000
316,000

3,168,800

192,600

aTooo

3,412,400

$1,416,600

$55,000

98,000

347,765

$13,733,400

$12,261,800

6,141,829

—

296*800

69,000

91,000

320,370

160,000

58,000

109,000

16,000

T8~000

143,000

1,432,225

$467,000

$180,000

$31,000

$678,000

Holiday
3,049,400
3,101,600

1,532,650
1,578 260
1,453,495

—

$31,000

318,525

Monday

148,765

$15,000

—

Sh.

shares

of

209,273,856

3,742,172

6,141,829

.

U.

S.

Stocks—No. of shares

$55,000

3,000

284,000

1,416,600

48,246,970

43,608,850

11,838,000

412,545,100

295,289,300

$13,733,400

$13,271,000

$461,211,770

$339,920,650

~

Foreign

—

Railroad

Industr,al

&

Total

Domestic

730,000

1,425,000

12,261,800

Bank

Foreign

RANGE

FOR

Last

Range

$467,000

$524,000

$14,169,000

$15,695,000

243,000

7,558,000

4,911.000

31,000

7,000

1,189,000

981,000

$678,000

$774,000

$22,916,000

$21,587,000

.

Total

WEEK

—

EXCHANGES
ENDED JUNE 8

Par
American

Agricultural Chemical

American

Sugar

Refining

Tel

Tel

100

American

Woolen

•

Anaconda

Copper

Low

•
100

American

50

&

Ridge

Blue

&

Feb

38%

Jan

51% May

146 %

Jan

161% May

23%

23%

53

21%

32%

__

_

32%

80

27% Mar

120

4

__

114%
49%

49%

15

114% 115%

80

49%

Feb

Mar

114

60

120

4

__

15

32

1,393

Jan

45%

Jan

Jan

33% May
Feb

120
4

3% Mar
107

Jan

45

Apr

117% May
Feb

50

Railway-

100
prior pfd__100

15%

15%

15%

250

14%

Jan

15% May

38%

38

38%

160

33

Apr

40%

unstamped—100
stamped
100
stamped
100

3%

3%

5

5

5

120

4% Mar

5%

Apr

5%

5%

5%

200

4%

5%

Jun

Stamped

—

Boston & Maine

RR 7%

5%

class A

1st pfd

5%

class

A

1st

pfd

7%

class

C

1st

pfd

Boston

40%

140

1,939

25

Elevated

Boston

High

41%
50%

100

Boston Edison

Low

159% 161%

50%

„

1

Corp.—

Albany RR

Arm co Steel

Range Since January 1

High

41%

__

i597/8

pfd——100

Bigelow-Sanford Carpet 6%
Boston

Personal

Prop

3%

•'

Trust

Eoston & Providence RR

10

80

Feb

5

Apr

19%

Jan

22

Jan

395

66

Jan

81

Apr

x5%

Jun

66%

Feb

6% May
79% May

5%

15

76%

__

Feb

Apr

100
„

x5%

__

3%

300

20%

78

80

-5

Cities Service

20%

20%

100

Calumet & Hecla——

Range

for Week

of Prices

Shares

Low

Shares

77%

25

Bethlehem

10

_

Cities

Jun

Jun

30%

Jan

70

Jun

80

May

373/8

373/8

27

26%

27%

145

26%

70

69%

70

187

69% May
66% Feb

_10

Jun

39

37%

-25

—

High

Jan

37% May

25

_

Service

Low

26%

513

39

82

-

Chrysler Corp

37%
37%

—

Chesapeake & Ohio

Range Since January 1

High

39

*

Steel

Sales

Week's

Last

gale Price

-

for Week

of Frloce

1949

24,226,987

Sales

Sale Price

1950

180,000

__

----

Week's

Jan. 1 to June 2

1949

48,370,396

Friday

STOCKS

218,000

1,032,110

government

Exchange

Friday

161,000

1,432,225

Foreign corporate

OTHER STOCK

Boston Stock

115,000

1,000

Bonds

$292,500

$135,700

$5,000

Government

2,000

—

Week Ended June 2

1949

97,139,079

Bonds

International

$41,000

Jan. 1 to June 2

1950

1949

1950

Stocks—No.

Holiday

•

Total

Week Ended June 2
1950

$10,000

163

Curtiss-Wright

763/8

78%
33%

60

31%

Jan

34% Mar

133/4

14%

426

11%

Feb

14%

8%

83/4

9%

70

8%

Jan

9%

Apr

32%

—

32%

14%

_

Gas

77%
32%

Columbia

323/4

105

30%

Jan

34%

Apr

—11

-

Day Power & Light

205

32

May

——.•

39 %

39%

80

24%

Apr

39%

*

49%

49%

49%

140

41%

Jan

50% May

—10

90%

89%

903/a

209

68%

Jan

90 3/8 May

Rights
Dep't

5

Stores

Electric

General Motors

*

International Tel & Tel

National

Ohio

Register

—

*

Pennsylvania
Radio

_•

Corp

22

50

22

Jun

22

133/a

5

113/4

Jan

14%

34%

37

32

Jan

34% Mar

33/4

30

65

14%

Jun

9% May

3% Mar

Jun

4%
*

Apr

Apr
Jan

16%

60

16'%

Jun

10'%

45

9%

Jan

19%

203/4

59

12%

Jan

23 %

Apr

44%

~

16 3/8

10%

33 %C

—

'39%

33/4

16%

50

RR

Feb

mmml

•

Pepsi-Cola

32%

343/8

—

34%

8

Packard Motor Car

27

13 %

*

Edison

45

13% May
9% May

14'/a

9%
35%

22

*
—

Central

Jun

9%

13%

«...

•

Distillers

New York

_5

-

Cash

3/8 May

35%

„

Lima Hamilton
National

%

18

—-

Federated
General

Apr

45%

165

44% May

45%

Jun
Jun

18

May

11% Mar

■

Eastern

Street

Mass

Common

'

pfd series A
preferred adjustment

_

National

Gillette

Lone

20

54

35

65

32

May

64%
41 %

Feb

Jan

21%

20%

21%

325

Apr
20% May

24%

Feb

71%

71%

72%

115

66%

76 %

Apr

RR

49%

49%

2,069

41

Jan

50% May

42%

40%

42%

626

33%

Jan

42%

•

__

57

58

135

49%

Apr

58

*

1

__

9

20%

National Service Cos__

1

New

England Electric

New

England Tel

System

80% Mar

9

May

47%

Jan

54

10

52

Jan

Vacuum

Southern

*—

-15

Standard

—

Brands

Standard Oil
Standard

„

(Ind)

19%

19%

19 %

155

16

Feb

19%

5

12%

123/8

12%

80

113/4

Jan

133/4 Mar

_•

—

-

Co

22%

22%

23%

110

21%

Jan

24% Mar'

48%

48%

20

48 3%

Jun

483/a

25

Standard
Standard

Oil

393%

25

393% May

393/8 May

76

75%

76%

223

66

Jan

77% May

10

29%

28%

25%

Jan

29%

_1

34%

34%

Jun

34%

10

>—

(Ohio)

:

Studebaker

_

—

Timken Roller Bearing
Union

—

W

29%

207

34%

343/4

105

373/8

373/8

25

33% Mar

373/4 May

50%

50%

50%

79

50%

Jun

50%

Jun

34%

33

34%

237

25%

Jan

34 '/a

Jun

«
*

Carbide

*

U S Steel (new)

Jun

393/e

25

Oil.(Ky)—T
Oil (N J).
hJzx

Jun
Jun

58 % Mar

100

7%

Jan

16

9%

9%

x20%

21%

310

16% Mar

22

16

200

15c

30c

16

12%

__

Socony

45%

58% May

12%

12%

100

101%

2.50

Tel

&

Mining

76% May

60
70

20

.

10

10

54

Nash-Kelvlnator

Assn

78%
58%

9

__

*

Narragansett

78%

Jun

May

57%

__

•

Mergenthaler Linotype

48"%

—

100

Corp

Racing

Jan

•

common,

Chemical

—

•

.

Co

Cement- Corp___

Central

North Butte

60

Apr

•

Razor
Copper

Star

Maine

__

4%

•

Safety

Mathieson

3% May

100

Inc___

General Electric

Kennecott

3%

3%
58%
35

Stores—

Eastern SS Lines

First

100
_100
100

+-***

1st

6%
5%

*

Sears, Roebuck

Ry—

44c

36c

44c

31%

31%

31%

100% 101%

10%

1,175

May

Feb

'"A

9% May

.

A'. -T.

"T>. H

May

«"'■*

Jan

Jan

13% Mar

92%

Feb

102 % May

29c

250

1,700

—

Jan

70c

31%

Watling, Lerchen & Co.

Jan

Jun

Members
Pacific

Mills

Pennsylvania RR
Qulncy Mining Co
Reece

•

-

50

Folding Machine

Rexall

Drug

Shawmut
Stone

Inc

Fruit

United
U

Jun

3% Mar
81c

May

5

Apr

1%

78

Feb

15

Jan

16% Mar

22%

50

20%

Jan

23%

34%

130

26%

65

31% Mar

36%

22%

Feb

27

Feb

Vermont & Mass

Ry Co
Waldorf System Inc__
Westinghouse Electric Corp

61%

63%

1,603

43%

43%

800

40%

Apr

45%

46%

107

37%

Jan

118
118%
13%
13%

411
80

12%

Apr

14%

35%

933

30%

Jan

35% May

100

.

__

•

__

12.50

35'A

34%

DETROIT

Telephone:

WOodward 2-5525

63% May

62"%

__

Building

Jan

43%

10

Midwest Stock Exchange

May

25

common

Ford

Apr

•

Machinery
Co

Detroit Stock Exchange

7%' May

35

5%

New York Curb Exchange

Exchange

Jan

6%
15%

26%

26%

New York Stock

18% Mar

33%

__

5

Co

Shoe

Rubber

8

95c

16

100

22%

*

—.

215

6%

__

•

Unon Twist Drill

756

4%

29% Mar

15%

__

_•

*

Torrington Co

United

95c

—2.50

Webster

&

4%

4%

10

Co

Association

16%

16

16

25

.

53

53%

115

Jan

49%

Jan

46% May
120

Detroit Slock

Mar

Exchange

Jan
m

a

Week's

Friday

STOCKS

Sales

Cincinnati Stock
Friday
STOCKS

Par

American

Laundry

Balcrank

Baldwin

_

19%

1

.

Gas

Cincinnati

Milling Mach

„10

Street

—25

Sub

&

Rights
Eagle

&

Bell

Tel

_

Picher

Electric

common..8%

Railway
_

_

Apr

32

2%

Apr

163/4

72

14%

Jan

19%

431

39%

95

6ya

10

32%

333/e

31

31

31

5

.....

70
6

_

5%4

5%
70

6%

183/4 May
32% Feb
5

Mar

High
21% Mar
3%

Feb

17%

Jan

20% May
39% May

6%

Apr

360

303/s

Feb

35

10

26%

Jan

32% May
5% Apr

387

43/4 Mar

56

69% May
53/4 May

11,051

80

Mar

May

Preferred

Kahn

Kroger

Preferred

May

60

Feb

46

Jan

47

Mar

63

61%
-1

IT%

46%
63

17%

40

264

_

Jun

59%

Jan

Airlines

______

For footnotes

&
_

see

___

_

1

Telegraph— _100
—50
_

page




47.

123/4

123/4

1

Frankenmuth

Friers Ale

Wood

53/8 May
Jan

13%

1,720

10

428

1%

Jan

77c

200

Jan
Mar

High
3%

6%

Jun
Jan

20% May

12%

Jun

13/8 May

18

17%

18

920

13%

Jan

18

Jun

143/a

143/a

258

14%

Jan

15%

Apr

20%

20%

250

20

Jan

21

Anr

35%

35%

340

333/4

Jan

6%

6%

1,093

6%

Apr

7%

Feb

*
——

Navigation

Prod

5

8%

8%

83/a

615

20

23%

233/4

23%

4,197

24

24

140

24%

24%

100

3%

1,410

1

—

_10

common

Brewing

1

;

Erewing

'

„

—

3

3

Jan

1

-1

53,4

10

90%

21% Mar

24

May

23

24 % May

2%

Feb

Jan

35c

400

30c

Jan

25%

200

20

Feb

4%

3%/
44c

Jun
Jan

253/s May

143/4

36%

37

9%

9%

275

93/4 Mar

11%

Feb

1,000

13/4

Jun

2%

Feb

2,500

1%

Feb

1% May

Graham

Jan

Jan

11%

Jan

46% Mar
8%

Feb

39

49

8%

Apr

Mar

50

33

Apr

11

50

9%

Jan

161

115

146%

Jan

70

32%

Paige

Lakes

Motors

Oil

Ball

& Bearing
Manufacturing

Howell

Electric

Jun

l3/4

1%

1%

13/8

l3/a

10

15%

15%

153/4

488

123/4

Apr

15%

Jun

14%

14%

14%

1.540

12%

Jan

14%

Jun

*

123/4

12%

12%

100

11%

Apr

14

1

33/4

33/4

3%

750

33/n

Feb

-12%

_

_

_

15%

15%

153/4

506

13%

Feb

-

43'8

Jan

Jan

17% May

May
Jun

TCnlKfr-Frnspr

r

6%

,

—'-1
1

36

Feb

LaSalle Wines

12

Apr

Michigan Bumper
Michigan Sugar preferred

—10

Mid-West

„50c

161% May
33

-

/

-2%

—

common

Motors

Hudson Motor Car

13/4

_1

& Chemical

Houdaille-Hershey

89

1

King-Seeley
Kinsel Drug

11

33

Jan

1

Brewing

113/4

Jan

160

32%

4%

33%

42

32%

Jun

Apr

20

100

353/4

Apr

90%

3

161

8%

353/4

6%

Jan

300

Hoskins

48%

■

Jan

70

3%

Hoover

8%

—

300

2,709

3%

37% May
14% Jun

48%

160

534
90%

1

_

Motors

53/8

Jan

8% May

May

35c
—

7%
24

25%

_

Industries

22

35% Mar

Gerity-Michigan Corp

General

67%

75

8%

mmmm

American Telephone

Mining

143/4
'

•

•

Stores

12%

1

,

Corp

Jan

15%

./'•'•

Stocks—

'

300

5%
19

_10

common

Edison

Steel

5%

Low

23/4

225

3%

18

Range Since January 1

'

-■

~

_

Steel

'

18%

•

common

Detroit

20%

50

608

37

—8

_

Detroit

55% Mar

19%

66%

37

48%

.

Paper

Power

Bros

Detroit & Cleveland

17% May
23% Apr

100

65

14%

_

*

Davidson

Great

37

*

•

common

Consolidated

Consumers

65% Mar

65%

•

B

Western Bank

Anaccnda

81

Jan

....

_

American

Apr

53%

•

common

Rapid
U S Printing

Allied

77

70

19%

G new

Unlisted

33

59

•

Randall class

Company
Burroughs Adding Machine

'

High

Goebel

*

Lunkenheimer
&

81

59

46%

_

Magnavox
P

81

50

.

5%

.

1
•

Budd

Oar

50

274

—

-r

_

_1

common

42%

183/4
42%

42%
'

preferred

Rubber

3%

3%

2

*

15% Apr
383/8 May

183/4
*

Prod

Metal

Fruehauf Trailer common.

38%

___

Insulation

Low

1

6% May
19% Jan

59

Formica

Shares

1

______

Detroit

33%

...50

__

_

18%

6%

—5

______

Cincinnati

3

for Week

Range Since January 1
Low

12

38%

...

.

Baldwin

16%

•

Cincinnati
Cine

3

American

High
203/a

Electric

Altes Brewing

18%

16%

-10

Advertising

Shares

19%

—

8

—

Carey (Philip)
Champion Paper
Cincinnati

of Prices

Low

__20

Mach

Allen

Sales
for Week

Last

Sale Price

Range
of Prices

Par

Exchange

Week's
Range

Last

Sale Price

.

Jun

2
_

Abrasive

-2%

6%
28

6%
28

Jan
Feb

1%

Jan

28% May
13/4 Jan

1%

Jan

3% May

6%

Jan

7%

234

2%

3%

400

73^

73/B

1%

519

'

83/4

8%

100

8% May

4

4%

460

3%

mm'm-

—.

Feb

4%
21%

725

1%

"

7%

756
100

1%

——

'

Apr

Apr

8% May
4% May

Volume

Number 4913

171

..

(2331)

The Commercial and Financial Chronicle

.

STOCK

OTHER

RANGE

Friday

Week's

Last

STOCKS

Range

Sale Price
-

Auto

Monroe

1

Equipment

5

♦

Products

National

Electric

Low

100

5
"•••.

25'A

20'/4

20 %

1,118

2%

2%

Motor Car_

3%

3%
3%

3%

3%

Q

2

2

-r

Jan

36%

Jan'1

Jan

25'A

Jun

Jan

2%

Apr

3'A

2%

>'

7.285

3%

Jade

15 y4

-

1,100

3%

2

_

Int'i Tel & Tel Corp

23

180

1

Stamping common—

Packard

Jun

5

28

100

20 y4

Apr

Oil

Chemical

_

1

Products

Metal

Peninsular

Jan

Rickel

(H

& Co

W)

—

1

_

4%

ioo

2%

Jan

3% May

5oo

't

e eo

2%

21%

—

2%

'1,600

3

Jan

Jan

Jun

24

Kaiser-Frazer
fi^e/inecott

Kern

3

Jan

21%

3% Mar

Jan

2

600

Corp

—j

Corp

Copper

^

Sheller
Soss

10

_

12%

12%

12%

735

12

Feb

13%

1

28 %

28 %

29

505

21

Jan

30

May

1

common

Manufacturing

10

10

10

750

8% Mar

10

class

Tube

B

common.

2%

Feb

—1

__

Lincoln

Petroleum

Loew's
Los

Inc

*e

Apr

Mascot

Oil

1

Corporation
Investment

Union

—

4y«

Menasco

17%

900

14%

Feb

17% May

Montgomery

11%

2,090

10

Feb

12

Mt

Jan

9'A

common-

1

5'4

—

1

States

Radiator

Walker & Co

com_

—

__

9%

Apr

Apr

Wayne screw Products

'

9l4

100

8

9%

550

9

5'A

5%

2,500

1%

1%

Jan

4%

100

16

16
1 %

15%

5% Mar
16

Mar

1

2,000

May

May

City

National

Distillers

York

Ra'nge

for Week

of Prices

Shares

Sale Price

Low

Par
1

Corp

Corporation

Pacific

(Un)

...

—

Tel

34(4

831

27% Mar

38%

Apr

a2%

100

2% May

3%

Jan

3

3

140

3

4

Jan

34%

35%

345

Mar

31%

35% Mar

Jan

10%

10%

11

550

9%

Jan

It

15%

15%

930

13%

Jan

54%

5434

170

16% May
55% Feb

■

;

952

160% 160%

—

54% May
146% Jan

Ohio

•

(Un)

Co

23%

7.30
(Un).
Armco
10
Armour & Company (111)
(Un)
5
Atch Topeka & Santa Fe Ry (Un)—100
Atlantic Refining Co (Un).;
.—.—25

Locomotive Works

Baldwin

petroleum

Bishop Oil Co
Blue
Diamond

8

a52%

,

Budd

Pacific

32%

Case

Feb

45%

Apr

Apr

Jan

a52% a52%

25

48

1,852

10

50c

13%

a45% a46%

1%

80

1%

1,860

'

37%

496

*

12%

13%

8%

9%

a29% a29%

32

13

6%

1%

Jun

25
_10
1

(Un)

Tractor Co (Un)
Certain-teed Products Corp

25
10

'Un)

Co

Service

titles

Preferred

,

46
2%

May
Jajt

Apr

13% May

7%

Jan

9 % May

25'A

650

Jan

4% Mar

30%
8

8%

9

Apr

Oil

Pure

(Un)

Rexall

18

410
50

Jan
Jan

18

Jan

a41% a42 %

40

Mar

41% May

230

14

Mar

In %

Apr

a43

Oil

Oil

f

Industries

Sears Roebuck &

(Un)

E

Class

—

—

Apr

48%

33

Jan

41 % May

Sinclair

15%

Jan

18% May

Socony-Vacuum Oil Co Inc

Aircraft

Douglas

Corp

Oil

General
General

General
General

1,705
160

'16%

Apr

19% May
18% May

14

110

11%

Feb

14 V8

Apr

al8

al8

May

19%

Jan

17

65

a31% a32 '/a

170

30%

Jan

57 %c 57%c

57 %c

100

57%c

Jun

27%

Jan

270

1,160

5%

400

4%

Jan

15%

15%

520

10%

Jan

a32%

(Un)
♦
common iUnj._*

6%

(Un)

,

7%

150

13%

19% Mar

100
10

67/8

6%

Jan

Southern

5%

Apr

17 Va May

7%

Apr

14

Jan

May

7%

Jan

9%

137

7%

Jan

10

72%

Jan

18%

100

16% Mar

79%

400

61% Mar

19%

19%

232

18

Jan

81% May
23% Mar

14

14%

561

13

Jan

14 %

79% May
19 % Jan

May

80c 87 %c

7,200

37c

Jan

21%

21%

21%

151

21%

Jun

22% May

20%

20%

21%

300

15%

Jan,

21 % May

351

Jan

50 %

51% May
90% May

51

51

575

49%

Jan

90%

2,666

69%

Jan

16%

17

1,020

16%

Jan

28

17

87 %c May

42%

88%

25

34%

20%
—

—

28%

655

22%

Feb

Goodrich

(B F)

*

Company

Goodyear Tire & Rubber Co common..*
Graham-Paige Motors Corp (Un)^—1
Great Northern Ry Co pfd (Un)
•

Greyhound

Corp

Inc..

*
—5
A
12.50
6.66%

Corporation

Pacific Company

Oil

Standard

Calif

of

Co

(Ind)

Standard Oil Co

•;>' T; **

5
1.75

a34%

—

Hotels

Hilton

Hudson Motor Car
Hunt Foods,

A

Corp

Co

Development

Holly

class

Company

(Un)„
Co Ltd
Independent Exploration Co

Illinois

Central

RR

Co

Imperial Development
Intercoast

Petroleum

Interlake Iron Com

100

25c
33 %c

May

1* % Mar

28%

Jun

For footnotes see page




47.

•
7.50

62

-

37%

620'

Jan

180

41

May

42%

Jan

10%

10%

10%

592

10

Apr

11%

55%

47'A May

4Ya

125

123%

125

270

101

Mar

Jan

11

Feb

Feb

21%

Apr •

16 Va

Jun

18'A Mar

8%

Jan

9

737'
45

12

51% May

33%

Jan

36%

34%

255

26%

Feb

34% May

Jan

*3

2,334

12%

34

7%

30

4

35
17%
6%

714

23%

Jan,

35

Jun

1,378

11 vs

Janv

25

Mar

735

5%

;

•

—

100

2

Feb
Feb

41%

Feb

44% Mar

35

Feb

43% May

31%

Feb

36

Jan

50

65

—

of

Co

Calif

common

(Un)

a71%
all

Inc

28

1,230

22

,718

16

Feb

14%

100

14%

Feb

36%

1,639

34%

Jan

199

26%

Jan

243

29%

Jan

110

31%

215

28

United

125

Jun

(Del)

Corporation

(Un)__

28% May
•

(Un)

a29y8
15%

777':36%

(Un)__l
1

13%

13%

1,275

1.90

2.00

1,100

1.55

Feb

al5% al5%

30

13%

Feb

17

Apr

United States Rubber Co

11%

11%

200

9%

Jan

12%

Apr

United

4

4

400

2%

Jan

4%

Apr

30% Mar

Jan

33 % Mar

May

28% May

200

34%

16%

Jun

862

xl-V4

Jan

335

50%

Jan

57% May

23%

195

21

Jan

24 t.

70

919

61

Jan

70

48%

162

42% Jan

147

66%

Feb

36

85

35%

Jan

2c

May

a41 %

a41% a42%
2%c

3c

II,400

10%

12

4,600

9%

Jan
Jan

2.95

a45%

2,000
255

13%

Jan

30%

340

25% Mar

30% May

38% Mar

45 % May

Jan

73

21%

Jan

23%

Jan

35% May

10%

Jan

19%

Apr

•«

13%

Apr

23 Va

Apr

37%

Apr

243

60 V,

69% May

Feb

100

27% :28%

10%
23

12%

Apr

200

Jan

<

Feb

30 /

May

<

'

May

-

17%

18

2,259

14%

Jan

19

18%

18 /8

349

16%

Jan

20%

10%,,<10%
19% 197/8

258

8%

Jan

11

439

19%

Jun

25 Va

220

42%

Jan

27%

1,228

a85 a87%

36

85

Feb

87% May ;

a29Vs a30%

62

26%

Jan

31% May

15%

16

475

14%

Jan

17%

4

648

3%

Jan

Apr
May
Jan T

50% May

24% May

.

:

27%

Jan

Apr
4Vu Mar 1

19% Mar *

70

17%

17%

70

17% Mar

23

Jan

al7% al7%

25

17%

Apr

21%

Feb

a47

133

38%

Jan'

45 Vs May

a

34
51%

145

a48%

13%

.

lie

V a29

35%

a48%a48%
11c

11c

■

'

Jun

Apr

16 V«

Jan

9%

Feb

8

30%

462

24,200

34

58

21%

95

248

Jan

Feb

13

50

a8%

a28

35%

Co

25%
,

100

13%

a8%

Feb

40%

3,139

51%

Elec

(F W)

May

Jan

50

32%

Corp (Un)—12.50
(Un)
10
Gold Mining Co
—10c

(Un)

Jun

26%

34

a28

(Un)

Inc

May

48% May

105

51 Vs

13%

Air Lines

Westinghouse
Zenda

10
•

•

Western

May

36% May

a45%

5
—1

Woolworth

3

15%

(Un)

Corp

Western Union Tel Co

2.90

110

Steel

Warner Bros Pictures Inc

2.10

a46

States

4l% May
7%c Jan

12% May
3% Apr
15% May

a45%

interest

May

13% Mar

820

Apr

30%

11

of

.

20
-

298

al7%

al7%

Universal Consolidated Oil Co—x.„—1

11%

Certificates

Apr

28% May

u

al8% al8%

—10

com.

2.00

2.10

Jun

16% May

655

a85

.1

13%

13% May

19'A

A-'

Thea

Paramount

>

3,125

27

25
50

Corporation

Gas

United

Apr

4

—

10-

(Un)

54 % May

Jan

19'A

Jun

58

38c

Mar

a49% a50%

17%

•••

5

(Un)

Corp

Lines

16c

a69% a71%
all all'A

—

(Un).*

Carbon Corn

&

OH

4,700

12%
13
a21% a21%
a36% a37%

—
—

Film (Un)—•

Pacific Railroad Co

20c

a75Vs
a76
a22a22%
34%
35

—

34%

Feb

33 Va

21%

23Vs
69%

—

Carbide

36%

Jan

48%

—

Union

Jan

Mar

19

—

1

Union

30%

55c

30% Mar

70

—

22% May
48% May

200

35%
19
12%
55%

,9

Twentieth Century-For

/

^

Feb

170

35%
16%
12%
55%

—

;

(Un)

Jan
Mar

48c

37%

235

28%

Transamerica Corporation —
Transcontinental & Western Air

Tri-Continental Corp

20%

724

19%

28%

—

*

7% May

500

36

—

Jan

;

27% 27%
30% 30%
a32% a32%

—

Feb

5%

Feb

27%
19
14"%

27%

Apr

9%

Apr ?
May

20c

—

27%

Jan

a7%
a4%

5,133

■—

1 '
25 *
25

Mar

44% Mar

265

a45a45%

Company

United

11% Mar

Apr
Jan

17%

650

Jan

,

Mar

68

Feb

Jan

3% Mar

3,122
.

a49% a49 %
52
58
53
53

Textron

Air

15%

-10

Corp

61%
?

75

a45%

(Un)_:
25
Incorporated common——_50c
Tidewater Assoc Oil Co (Un)
10
Texas

Aircraft

<5Va

a35% a36 %

a35%

(Un)—

International Nickel of Can (Un)
International Paper Co (Un)..

410

a49%
57 %

•
25

:

(Un)

preferred class E_.
Swift & Company (Un).

United

Jan

28'A May

326

——

4%%

United

Jan

A '/•

29% May
28% May

35

19%

—

(N J) (Un)
25 *
(Un)
—• **
Corporation (Un)—-—-1

Feb

44%

210

Jan

100

a33% a34 %
a31% a32%

—

Webster Inc

3tudebaker

55% May

290

2

28 ys

400

a23% a23%
50c
50c
47% 47"%

—

88% May

55%

1%

34 Va May

10

9%
19%
16%

.»:.&*■

a23%

Standard Oil Co
Stone &

88% May

55%

-1

Hancock Oil Co of Calif

Hupp

3,

(Un)

a94%

Jan

35
17
6%

17
6%

•

50

Apr

32 y8

a7%
a4%

35%
18%

Corp

Standard Brands Inc (Un).

Union
a94 % a95%

34 Va

200

•

34%

—

25
2
B
•

pfd

Petroleum

Apr

a9%

a49 a49 %

May

22% Feb

Jan

31% Mar

1,329

3%

36%

...

Southern Calif Gas Co 6%

33% May
26% Jan

35

6% Mar

20c

20% 20%

—

27%
30%

preferred

Calif

79%

a49%

34% May

al0% al0%
50% 50%
a36% a36%

—

25
25
25
25

Co

12% May
Jan

4.88%

Southern

29%

147

a8%

6%

4.56%

Southern

1.05

18%

87 %c

34% Mar

9%
19%
16%

—

com—25

Sunray Oil Corp common

19%

3.00 Mar

Jan

3%

19%
16%

1

preferred
preferred
preferred

Jan

32% Mar

a77% a77%

a9

—.—

Co

7%
13%

a35% a35%

•

Corporation
2
Electric Co (Un)
—•
Foods Corporation (Un)
.•
Motors Corp common— ..10
Public Util Corp (Un)—5
McBean &

al8

15% Mar

a33

Aircraft Co Inc

Gladding

4.48%

18%

.50c
du Pont de Nemours & Co
5
Electric Bond & Share Co (Un)..
5
Electrical Products Corp
4
Exeter Oil Company Ltd A
1
Florida Power & Light Corp
♦
Garrett

4.32%

19%

23%

fUn)

Jan

31%

66
53 53%
a45% a45%

__

15

Corp

Southern Calif Edison" Co Ltd

Feb

14

7%

industries Inc

Dresser

4%

13%

Publishing Company

Curtiss-Wright

Apr

23

of America Inc
Zellerbach Corporation

Curtiss

Feb

3%

71% May
76% Jan

18%

1
——1
(Un)„5

Motors Corp

67%

5%

Creameries
Crown

91
168

a32%

Vuitee

Continental

3%

50c

1.40

109

—

•

41%

115
160

3%

Jan

500

8,945

65%

1

Signal Petroleum Co of Calif

a42

a76% a78%

Apr

10% May

•

17%

Jan

Feb

22%

15
•
*

Company

Shell Oil Co

a43

63%

21%

Jan

Jan

27c

28%

——.1

Co

Finance

17%

815

Jan

6%

2.25
a35

65%

1
—1
*

,

Company.

a41%

70%

18%
17%

26% Mar

•

Corporation

a43

5%

Consolidated

60

20%

2.50

17%

70

16'A May

135

155

,

Jan

'14c

Jan

280

—

Feb

402

21 %
22
34% 34%
34% 34'/a
a29 1 a29
27"% 28%

*
1

v

a41%

23

Mar

10%

590

Jan

15%

9c

1,000

Jun

23%

60

15%

Apr

a36% a36%

1
50c

Inc

Ranch

Richfield

Seaboard

7%

Jan

15%

a36%

—•

Manufacturing Co

Rheem
Rice

Schenley

12%

9%
24 %

Jan

a34%

—•
•

U'■■■■>•■

51% Mar

21% May

8% May
11%

.'i-

27c>
2.05

21 %,..

Jan

May

21% May

a34%

33y3C
25

(Un)

Drug

68% May
10 % Mar

23%

Liquidating Corp

-7

2.20

I

Republic Steel Corporation (Un)__
Reserve Oil & Gas Company

Feb

*
(Un>—1

Engineering Corp

Consolidated

•;

27c

•

50

(Un)

Corp of America (Un)

Feb

1

Consolidated

'

J/

(Un)-.l

Airways

Inc

(Un).

Co

Co

56%

18%

( Un)
*
(Un»
25
Cons Chollar Gould & Sav Mining—1
Consolidated Edison of N Y
(Unj—•

!

•

Dodge Corp (Un)
Puliman Incorporated (Un)

50

I,725

17%

a22% a22%

Co

Edison

Commonwealth

a20%
20%
8%

22

100

15 15 %
a20% a20%
20% \
21
8"%
8%

—

16% Mar

Feb

210 '«

May

18%

Solvents Corp

Commercial

1.75

281

13% May

*

(Un)

System

*

10c

10

I

(Un)

Radio

20
•

—

Gas

Columbia

—

•

Radio-Keith-Orpbeum Corp (Un)
Republic Pictures Corp (Un)

Feb

11%

30

a77%

13%

25

Feb

56

5,504

404

1

Clary Multiplier Corp
Colorado Fuel & Iron Corp com

—

10

Solar Aircraft Company

Chrysler Corp

587/a

160

21
8%
22%
13%
10c

38%:May

a71 Va a73 %

*
25

Apr

1.30 May

Apr

Jan

a50% a51%

.

23% May

53%

510

•

Apr

690

7

—

21
8"%
22%

—

1

7%

31%

a50%

9

21% Mar

58

•'•7."

12%

Feb

Jan

Feb

20

Feb

35%

;

1%

8%

3 % May

Jan

13%

Apr

a46%

Feb.

Jan

1%

486

10

Phelps

Jan

13%

Pictures

Pepsi-Cola

9%

109

Mar

a23 a23 %

a60% a61%
1,35
1.35

10

World

American

Jan

10

a23

(Un)_100

Corp

Pennsylvania RR Co

3%

13%

41%

40% May

100

a60%

1

(Un)i._

Signal Oil & Gas Co class A

Company

(J I)

2,025

Jan

Jan

Jan

30

13

Caterpillar

2%

1

Co

Paramount

10%

—

Car

Motor

5%

50

.

Inc

Lighting Corp common
Pacific Western Oil Corp

37%

a71%

(Un)

2%

Pacific

Pan

16%

-.15

Corp

Mar

Indemnity Co

104%

10% al0%

1

Pacific Ry Co

95c

1

common

Jun

398

a22%

Packing

California
Canadian

Jan

preferred'
25
5% redeemable preferred class A—25
4.80%
redeemable 1st preferred
25

Apr

3,363

Co

Jackson

72%c

5%%

10%

7

(Un >

Co

275

*

Safeway Stores Inc

Byron

Apr

80c
40%

(Un)

Jan

8

13

—5

(Un)
Borg-Warner Corp (Un)
Broadway Dept Store

23%

Corp of Calif—

Pacific Gas & Elec

1,410

al0% al07/8

—2

Borden Company

29% May

c

8

Company

50

8 Vs

a

—

"~2

Corp..

18y8

Jan

Co

Finance

226

a54

7%

>

r

37%

—:

Oil

Chica

Bolsa

233

18

.

Corporation.—
Airplane Co (Un)

Boeing

10

6%

—5

Benguet Consol Mining Co (Un)_.
Bet.menem Steel Corp
tUn)

32% May

Jan

1

38%

7*.

—5

(Un)

Jan

1.40

Jan
Apr

Inc

33% May

18*
'

.200

Aviation Corp

Bendix

24%

1.43

11%

(Un)___

Railway Co

Jan

28%

1

—

Oil Co

Basin

Mar

..10

Co

Corp common
Barnsdall Oil Co (Un)_

Barker Bros

•

Apr

161% May

Feb

28

1,282

all3%all4%

—

.100

Ohio RR (Un)

Baltimore &
Banaini

..13

(Un).

22

340

331/2

38%

all3%

(Un)—i—3

Manufacturing Corp

200

32%

33%

__

•

23%

323/4
10

Copper Mining Co
Steel Corp (Un) __

Anaconda

Avco

:

Jan

15%

Ltd

Petroleum

Oil

Packard

American Woolen

31% May
8% Mar

7%

1.10 Mar

24%

Oil Co

Edison

Pacific

15%;

.100

(Un)—.

Tel Co

&

High

34%

•

(Un)CI*

American Smelt & Refining Co
American

_

Low

3

...1

(Un)

Range Sines Janssry1

High

32 'A

1

,.

San ,Co

St

&

Radiator

Amer

«Uu;
(Un)

do
Inc

Jan

•
1

(Un).

Aircraft

Ohio

a2%

34'A

.10

*

Mlg

Airlines

23

50

5
1
(Un)„*

Corp

RR

••

Sales

Week's

Last

STOCKS

Aiiis-Chauneio

85
275

3,673

3^0

(Un)

(Un)
Inc

Aviation

Amer

Oceanic

Friday

Alleghany

7

8
1.20

Feb

1

Prod

Corporation

Occidental

American

49% May

245

Dev

Lines

Central

Northrop

Angeles Stock Exchange

Mining Co

Apr

1
18

(Un)

Co Inc

&

Corp

Northern

Juneau Gold

45

•

&

Mng

North American Co

Alaska

661

Apr

May

16%
27%

Co

Ward

Oil

National

North

Admiral

57

7%

a 19%

.

Nash-Kelvinator

New

i%

Apr

Power

Diablo

Nordon

Los

Apr

Apr

13c

Jun

Jun

"**11,-

9'4

9

United

50%

16

16%
27%
al97/a
77 %c
40%

27%

1

Inc

Co

Mfg

3%

9

1

Shirt Distributors

Jan

252

a28% a29%

*

20

Hotel Co

Company

11%

11%
— -

United

a28%*

(Un)

& Robbins

McKesson

17'A

—5

_

_

4%

8

1

.

Apr

671

1,000

1.10

1.15,

High

Jan

9c

,

1

a30% a31%

10c

(Un)

Angeles Biltmore

Montana

Udylue

—

7

(Un)

Co

Aircraft Corp

Locxheed

6
a58

a30%

Company

Libby McNeil & Libby

3%

'

—

"

Axle

Timken-Detroit

Low

1

o%

804 i

v

,

May

100

common.

Manufacturing

Standard

(Un)..

County Land Co

Magnavox Company
Scotten-Dillon

10c
1 "
•
—6

—

Range Since January 1

High

13% 13%
10c
10c
6
6%
a57% a58%
48%
49

.;

Company

Shares

Apr

2% May

250

2%

21%

2

__

—

Manulacturxng

3V« Mar

3

5

Pfeiffer Brewing new common—

Rudy

2

(Un)

Low

>

for Week

3% May

20% May

■

\

Lane-Wells

Park

—

Range
sf Prices

Par

High

4% May

100

36

25'A

*

National

Sales

Week's

Last
Sale Fries

Range Since January I

¥

36

l

Welding

,rv

2

STOCKS

Shares

36

10

Corporation

Murray

JUNE

Friday

25 y4

Motor

EXCHANGES
ENDED

Sales

High

4%

■

WEEK

for Week

of Prices
Low

Par

FOR

39

.

Mar

Jan

30% May

Jan

35%

Jan

2%c

Jan

Jun

49%

47% May
,

Feb

17c

Apr

40

The Commercial and Financial Chronicle

(2332)

OTHER STOCK
RANGE

FOR

WEEK

JUNE

Friday
Last

DAYTON A GERNON
Telephone

Central

0-0780

Week's-

Range

,

Gray Drug Stores
Great Lakes Dredge <fe Dock..:
Great Lakes Towing common
Greif Bros Cooperage class A_
Greyhound Co
(Un)
Griesedieck Western Brewery

Members:

Midwest Stock Exchange

Chicago Board of Trade

Hallicrafters

MIDWESTERN LISTED AND UNLISTED SECURITIES

Hammond

MADISON

EAU

LaCROSSE

Helllman

CLAIRE

Hein

(G)

Co

5%

Midwest Stock Exchange
Friday

Week's

STOCKS

Abbott

Laboratories
Steel

Acme

Admiral

Co

Affiliated
Allied

1

(Un>

1

Laboratories

American

Investment

American

Rad

American

Tel

Anaconda

Armour

Copper
Co

&

Asbestos

(III)
8an

$1.20

Avco

Mining

Jan

23% May

34

850

17% Jan
5% Jan

7

250

6% Mar

12%

11%

2,250

12%

2,200

3

3

3%

765

35

35%

650

10%

10%

11%

1,440

20%

20%

21%

550

15%

16

(Un).—50

31%

Jun

3

39

Apr

6%

Ian

7% Jan
12%

Apr
Jan

4

Jan

38% May

Jan

12

20

Apr

13%

Jan

146%

Jan

16% May
161% May

1,170

27% Mar

33% May

Jan

38%

Jun

Apr

38%

37%

38%

1,057

27%

5

10%

10

10 %

3,300

7%

Jan

10%

Apr

1%

2,100

1%

Jan

1%

Apr

24 %

350

26

700

—I
1

pfd

*

Fe

Santa

(Un/

1%
24

26

25%

100

113

—3

114%

150

8%

7%

Jan

28

/ Mar

900

-

11

12^

Apr
Apr

12%

Jan

Jan

31 Ye

Feb

11%

6,200

25
common

10
5

common

■

11%

10%

24

23

24

200

11%

Jan

24

24%

200

22%

Jan

23%

21V4

Jan

——

23 Va

24%

550

X8

8%

150

38

39%

166

28 Va

28%

350

105% 105 %

10

24% May
V 26% Mar

37% May

33
28 Va
....

11% May
25% May

6% Mar

—

—

10 Va May

3%

-

27%
104

100

3

Jan

21

Mar

730

34%

Jan

500

14

Jan

30

30

30

41 Va

41%

42%

•

Indianapolis
Inland

4,000

24

May

25% May

25% May

26 Va May
114'/a May

103%

Feb

5% Jan

9Va

Apr

Power

14%

14 Va

14%

8%

9%

2,100

4%

Jan

1

Light

St

4

Apr

30

May

Harvester

International

Paper
Shoe

International

Tel

Iowa

Gas

Illinois

17

Apr

9%

Jun

32

320

28 Va

Jan

33% Mar

40 Va

28%

41

841

37%

Jan

42

May

27%

28%

1,400

26

Mar

46

46 %

365

33

Mar

__

39%

40

230

38% May

46%

Jan

—

(Un)

13%

14

353

12

Mar

16

Apr

.7.50

Co

Tel

St

42% May
•

31%

41

International

When

9%,
/

•

Steel

International

Iowa

Tool

Jan

28% May
105% May

Feb

250

3%

8% May
43

Apr

100

RR

Pneumatic
Indiana Steel Products

Jan,

10

26%

50

Central

Jan

100

100

Independent

22% Mar

1,046

33

26%
9%

1,500

159% 161%

x32

11% May

Jan

10

Corp.

Mfg

19%

6%

15%

(Un)

(St

480

7

159%

Manufacturing

conv

23%

6%

100

(III).

Tepeka

54%

31

(Un)—*

Co
Ashland Oil & Refining Co com
Atch

Apr

35%

1

Co

Tel

Steel Co

Armco

44%

1

Stand

&

St

545

•

(Un)

High

50 Va

6%

Castings.

Gas Equipment common

American Airlines

Low

7

— —

Alleghany Corp

Range Since January 1

High

22%
'

Aluminum

Ball & Roller Bearing—

; "Jan>»

25

900

1

preferred

Illinois

48%

50%

10

Corp

Advanced
Aetna

Shares

Low

0

—.

for Week

•f Prices

Sale Price

16

Sale*

Range
Par

Apr

10 %

3

preferred

$6

11%

14%

13

11%

11%

10% May

27%

1

Bartlett

Hydraulic Press Brick

28

High

350

350

10 Va

10

common

Huttig Sash St Door (new)

Low

15%

28

11%

10%

27%

1

Spencer

<

Range Staea January 1

,

15%
28

Shares

a

Brewing Co
Corp

Werner

Hibbard

•

for Week

.3

Co

Instrument

Harnischfeger Corp
MINNEAPOLIS

Monday, June 5, 1950

Sales

?•*

■:

High

10%

•'
100

•

af Prices

Low

Far

-

.

2

lakPrlM

CHICAGO 3, ILL.

.

EXCHANGES
ENDED

STOCKS

103 SO, LA SALLE ST.

.

(Un).

29% May
46 Va May

Electric—

St

delivered

27%

27%

28 Va

900

27

Apr

30% Mar

22%

22 Va

22%

1,400

21%

Apr

23 Va Mar

17

17%

1,550

16% May

Power St Light—

When

delivered

Kansas

Power & Light (Un)
Drug Co
Kelley Island Lime St Transport
Kellogg Switchboard common

75

Katz

Knapp

Monarch

Laclede

Co

&

St

8%

159

7% Mar

10

Jan

18%

2,750

13 Va May

18%

Jun

17%

17

17%

1,600

11%

18 % May

5
Co

10

common

$2.50 preferred

•

*

...

4%

'

15

7%

7Va

12%

xl2%

——

400

7%

15

400

15%

4%.

—

4

Sessions

Co

7%
17%

1

Co (Un)

Gas

Lamson

7%
18%

•

Laclede-Christy Co

Leath

18% Mar

1

•

3,620
300

Apr

4% Mar

13 Va

Jan

6%

Feb

Jan

16%

50

14

Jan

16%

41

—

6%

10%

16%

'

Jan

15% May
7% Jan

41

10

39

Jan

41

13

13%

Apr
Jan
Jun
.♦

Barber Co

(W H)

Bendix

1

common..."

24

24

100

21%

Jan

24%

Feb

Llbby

35

36

450

33%

Jan

37*2

Feb

Lincoln

15

15%

400

11%

Jan

17% May

St Llbby
Printing Co common
Lindsay Light St Chem common

45%

46%

400

35%

Jan

47%

Lonergan Mfg class B

—PI

——

1%

1%

l,00u

1%

Apr

36%

37%

1,290

30%

Jan

12%

12%

50

12

Jan

Apr
13% Mar

—,*rr

-

Aviation

(Un)

35 %

10

-

Benquet Cons Mining Co
".L \
;
; I",
■ r'j: \
\

15%

Apr

Steel

Marshall

(Un)

Corp

Binks Mfg Co
Bliss St Laughlin

—•
1

37%

38 %

Medusa

Field

17

18

325

14

Feb

13

Jun

Meyer Blanke Co

16

15»/,

16

950

12%

Feb

16

Jun

Middle

South

70%

70 %

73%

795

55%

Feb

Middle

49%

49%

50

May

1

12%

12%

150

11%

Apr

13% Mar

Minneapolis Brewing Co

____15

40%

41%

225

36% Mar

41 % May

2%

17%

18

250

17%

19% Mar

Brown

&

.Brown

Bigelow

Shoe

■feruce Co
Budd

Co

Inc

(E L)

Co

Bros

Canadian

*

—

Corp

10

common

Pacific

(Un)

Brewing

Central & South
Central

111

1

Corp..

5

22

Cleveland
Clinton

Columbia

Gas

Consolidated
Consumers

250

2% May
3% Mar

3%

Jan

Edison

Vultee

Co

(Un)_.
i

Nash-Kelvlnator

Co

5

Mar

14%

Jan

16%

Mar

37%

138

35%

Jan

38%

Feb

2%

100

2 % Mar

Aircraft

50

19

May

400

18% May

20 Va

161

2%

Jan

Apr
2% Mar

500

5%

Apr

7

19

400

17%

Jan

19%

Tile

York

27%

200

Jan

28

30%

30%

200

28%

Jan

30% May

34%

25

34%

Jun

38

x60%

x60 %

61%

1,644

53%

Apr

11%

10%

11 Va

4,650

10 % May

61% May
11% May

St

(Un)

Cooker

16% Mar

22

r

Mfg
RR

20%

20%

21%

2,100

10%

10%

100

9V8

Jan

10%

28

28 Va

100

24%

Jan

29 Va May

5%

600

3%

Feb

(Un)

11 %

Jan

5'/a

5%

13 Va

13 %

700

14%

15 Va

1,600

12% Mar

16% May

39

1,750

24'/a

Jan

39

21Va

1,433

18%

Jan

21% Mar

39

35

Co.

21

20 Va

15

(Un)_.

65%

65 Va

150

64% .Jan

67

Apr

9%

9%

403

Northern States Power
Northwest

Nunn
Oak

Mfg

(Minn).

Bancorporation

11%
—2%

Co.

11%

11%

1,800

32%

..

Shoe Co.

Bush

32%

33%

450

—

13%

19

22

Pont

Eastman

(E

I)

Nemours

42'/a
98

69%

43
98

69%

40%

Apr

46

91

Jan

100

17

x79

Jan

Apr

828

63

Jan

11% May

13

Jan

33%

16

Jan

19

10%

Jan

18%

Apr

6%

Apr

35 Va

Feb

67%

Feb

80 Va

1% May

May

1% May

300

32

Feb

34

14

Apr

17

Jun

73 Va

Jan

80

May

58

47%

15 Va

15 Va

8

34%

34 Va

34%

963

32

Ohio

Oil

(Un)

•

—

35%

36%

360

26% Mar

36 Va May

14%

14%

10

14

14% May

Ontario

Co

Manufacturing Co

Packard

15%

4

Motor

*

—

--

1,450

4

1,700

2% Mar

300

26% May

29

Apr

34%

125

32%

Apr

37% Mar

25

25%

300

20%

Jan

26

(Un)

•

(Un)_2%

Patterson-Sargent Co
Peabody Coal Co common
5% prior preferred—

43%

Jan

May

Peoples Gas

Rights

l

3%

3%

800

9%

150

19%

19%

50

22 Va

~

3%

9%

——

3%
9

17%

•

22 Va

14

1,100

11%

Feb

4,000

Jan

14% May
33 Va Mar

15

15%

::

127/B Mar

17% May

Pure

23

23

23

Radio

32

7%

27%
9%

35%
7%

200

19

17

Jan

25

May

39

25%

Jan

36

May

640
560

34% May
6%

Jan

35 Va May

7%

Apr

Public

Service
Oil

Co

9%

325
350

25% Mar
7%

30

Jan

9%

Republic Steel Corp
Rexall Drug
(Un)

Apr

Richfield

Oil

Bros

8%

8%

8%

400

7%

Jan

4%

4%

4%

150

7%

1,900

5%

Apr

135/a

100

15 Va

Apr

1,600

16 Va

Jun

18 % Mar

441

127%

Apr

139 Va May

3%

Jan

69%

69%

217

54Va

Jan

5% May
71 '/a May

78 Va

80

61

Jan

45%

21

85

87

17%

17%

128

Corp

3%

com

10%

J*

4

10,500

10%

1,050

Falstaff

Fitz

Dock
Flour

St

Connell

Co'.—

Mills

of

_l

Dredge

&

Gibson

Gillette
Glidden

America

American

Inc

-.5

Transportation

6

.5
m

;

-.10

St

—1
_

Co

H).

•

7%

27

Jan

30

26%

Feb

35% May

19%

20%

_1

600

370
3,400

7%

150

13 Va

40

33%

35%

20%

7%
13 Va

-50c

35%

2,100

6%

Co

7

195

12 y« Jan
7%

For footnotes

see

When

delivered

11

11

6

6%

St Louis Public

3,400
200

43% Mar

48%

23 %

9%

Apr
Feb

Mar

23%

Jan

35Va

5%

Feb

7% May
48'/a May

14% JIar
Jun

47%

125

41

45 %

350

43% Mar

46%

26% Mar

25% x25%

Apr

44

78 Va Mar

90

Jan

17 Va

22

Jan

Apr

500

24%

Apr

5%

4,000

4%

Jan

34

102

9

May
Jan

500

10

May

1,300

5

Apr

Sears

Cummins—

Roebuck

34%

450

26% Mar

200

46

Jan

&

—

31 %

32%

258

29% Mar

12

Shellmar

Mar

J un

Proa

Slgnode

Steel
Oil

10

10%

400

45

45%

2,000

12%,

12%

50

29

29%

29%

450

,

15%

15 Va

600

27%

Jan

27%

28'%

1.000

4%

5V4

19%

18%

19 V*

17%

18

6%

Jan

34% May
34% Jan

10

Apr

12

Jan

41%

Jan

45 %

Jua

11

Apr

12% Mar

26%

Jan

31 Va May

12 Va

Jan

15% May

22

Jan

28 Va May

52% Mar

49%

1,209

Jan

50% May

90 %

7,700

68%

Jan

90 % May

17

248

Society Brand Clothes Inc.
Socony Vacuum Oil (Un)

16 Va

Jan

18 %

South

Feb

Bend

Southern

8%

900

7%

Apr

10%

Feb

42%

735

33%

Jan

42 %

29 %

400

24%

Jan

31 Va May

Southern

55%

400

44%

Jan

55%

11

11

250

2

500

Lathe

Co

1
15

Works

___5

1

>

250

3,750
300

4% May

5%

Jan

16

Feb

19 %

Jun

15%

Jan

18 Va May

S

12%

12 Va

12 V2

1,100

12

May

13 Va Mar

*

23%

23 Va

23 Va

375

23

May

23 Va May

55%

55%

120

51% Mar

11

11

Jun

55%

1%

10%

1

Corp

16%
8%

31%

Strapping

88%

8%

1

Corp

90%

42%

.1%

45 Va

—

Co.—

Serrick Corp class B common.

6 %

5%

5%

com—

10% Mar

Sinclair
r51

A

Sangamo Electric Co.
Schenley Industries (Un)
Schwitzer

500

Service

41

,

1%

Southern

Spiegel
10 V3 May

1%

Jan

Jun

Indiana

Pacific

Gas

Sc

Elec

Co.

Inc

13%

Feb

Standard Dredging common.
Standard Oil of Indiana

2%

Feb

Standard

OU

(N

J)

(Un).

-

76 Va

■i-

700

8% Mar

2%

100

2%

Feb

May
11% May
3% Jan

43V4

49%
.23

58

11 Va

2%

—

page 47.




Apr

12

45

45

41 %

11

Graham-Paige Motors (Un).

Apr

29%

34%

47%

48%

(Un)

(W

'

9

r51

Goodyear Tire St Rubber Co
Gossard

Jun

Mar

Joseph Light Sc Power

28%

Razor

4

12

34%

34%

(Un)

49%

—5

Refrigerator Co
Safety

11

.10

Public Utilities

Co

-if"

9

General Electric Co (Un)
General Motors Corp.:
General

Va.

...

Four-Wheel Drive Auto

General

79

•

Brewing Corp

Simons

5
10

Eddy Paper Corp (The)—

Jun

Jan

3% May
8%

Feb

7% May
18Va

29 %

•

(Un)—

16%
132%

Mar

81Va May

46%

16 Va

16%
128

8% May

2,750

(Ind)

Corp of America (Un)
Radio-Keith-Orpheum
(Un)
Remington Rand (Un).

Jan

24"

221/4

7%

_33 %c

Corp
(Un)

Richman

28

Feb/
Jan

18%

.100

Pepsi-Cola Co (Un)

29%

Jan

11

21%

7%

4

32%

4%

Jan

Feb

18%

-50

Light Sc Coke—

13%

;

Apr

5

i

w

31%

35

Feb

25

Pennsylvania RR

32 %

31%

Jan

1

Car

Pan American World Airways
Paramount Pictures (Un)

Apr

28%

34%

25%

250

47%

27%

27%

79'/a

47 %

.1

...

Apr

Co—!

Mar

3,500

__5

(Un)

Mar

May

Edison

Warrants

71% May

227

1,300

33%

16 Va

x

9% May

'

33%
16%

Jan

50

77%

rlMs

7%

70

70'/a

76%

1

(Un).

Jun

Ohio

9%

15

de

Kodak

Apr

25%

'

Du

15

Apr

11% May

Jun
Jun

13Va

Car

Jan

5%

May

14%

•

American

12%

9 % Mar

Mar

10%

1

Aviation

May

2

10

Central

22 Va

5

com

American

270

125

Jan

Apr

34%

North

14%

l

Dow Chemical Co

Feb

6%

18% May

„25

Detroit & Cleveland Nav (Un)
Domestic Credit Corp class A

7

2%

North

22

Jan

14 Va

_•

_

New

Corp

Pressure

National

Feb

5% May
15% Jan

19

Jan

Jan

15%

Jan

.50

(Un)

700

18%

May

2%

19%

125

30%

•

—

54% Mar

American

Jun

(Un)__l

Curtiss-Wright Corp (Un).

27%

Jan

North

26%

•

Preferred

Continental Motors

100

1,563

2,177

25

common

Jan

49 Va

Jan

Apr

50c

National Standard

11

5

Consumers Power

Crane

National

2%
4

28%

1

System

Commonwealth

23%

50

7

Jun

Apr

11

1

Inc.—

420

4%

•
*

pre!

Montgomery Ward St Co
Company new common

12%

79 Va

Bronze (Un)

Co

27

53 V*

27%

$3.50

Muter

16%

26%

•

Inc

(The)

Co

Apr

9

11

——

Illuminating

54

19

19

Co

14% Mar

26%

1

common

Feb

3% May

6Va

6Va

Cement.

Chemical

90

100

•

Graphite

Foods

Coleman

May

18%

10

Electric

20

22

*

Corp

$4,50 preferred

Jan

17%

.—-._i—_-2.%

Iron

May

22

Paciticc RR._*

common

44

250

•

Mfg

2%

15

150

4

Apr

2U

Portland

Modine

3,900

rl V2

Cleveland

Missouri

12%

2%

•

vtc

Co

Cliffs

18

16%

46

8% Mar

19

Inc

vtc common-

4

2%

Rights

Products

Mar

*

Chrysler Corp
Service

14

Jan

1

preferred

Chicago Rock Island St

Cleveland

Hart

15%

37%

5

Chicago Mil St Paul & Pac

City

St

15%

15%

25

...

Cities

Miller

11%

1

Chesapeake & Ohio (Un)
Chicago Corp common

Chicago Towel Co

100

15

*

(Un)

Cherry Burrell Corp

I

20

•

Convertible preferred

Convertible

1,500

1

common

Products

12%

18

20

50c

Light-—.—

Secur Corp

Certain-teed

17%

25

West Corp

Illinois

Central

18

.12%

Carr-Consol Biscuit
Centlivre

49

23%

18%

—

Utilities

Monroe

(Un)

Burton-Dixie
Butler

J)

Jan

6%

West Corp

*

73 % May
57
Feb

(E

Jan

19%

3%

~

7

18

Sons

.

7%

100

22%

46

46

Cement-

10

&

1

1.450

21 %

—

Brick

—2%

5

8

7%

53%

•

—

Co

Sc

Portland

Metropolitan

Inc.

Brach

**

7%

26%

1

1

(George W) Corp
Borg-Warner Corp

Eorg

/

7

1% Mar

_

Bethlehem

McNeil

8

Bastian-Blessing Co
Belden Mfg Co

49 Va

1,469

42%

Jan

49%

75 Va

76%

888

66 %

Jan

77

-

Jun

May

Volume

171

Number 4913

,

(2333)

.The Commercial and Financial Chronicle

.

!

OTHER STOCK EXCHANGES

Last

Range
of Prices

Shares

Week'*

Friday

STOCKS

■'

,

Standard

Oil

(Ohio)

10

com

Container

Corp
Furniture Corp

Sunbeam

25%

28%

29%

725

23%

23%

525

18%

11%

11%

300

11

18

187®

400

12V*

600

29%

Jan

29%

Jan

7%

21%

v-''j

Feb

Jan

Apr

Jan

8% Mar

8%

17%

17%

17%

i

34%

34%

35

54%

157

44

Apr

69% Mar

13%

147®

600

9

Jan

14 % May

Corp
Machine

I.Is

Tool

Air

16

Jan

18% Mar

26 Vi

200

&

Swift

of

Texas

Jan

35% May

Co

(The)
Timken-Detrolt Axle
Co

Trans

208

69 3A

71

1,129

South

Jan

71

Jun

St

Saiie

17 Va

177a

863

14%

Apr

17%

34

34

200

2974

Jan

35

5

18%

18%

140

16%

Jan

20%

49%

497®

40

49%

Jan

50%

50

507a

964

42 % Mar

51

167®

174

13%

17% May

5

Airlines

La

15% Mar

a

Co

(The)

World

Jan

Ltd—

25

Corp

17%

Alaska

Co

Carbide

United

Air

United

Corp

A

•

Carbon

Lines

Inc

•

50
.

(Un)
div (Un)

without

lo

.

#

155/b

Jun

May

7

--

277B

•

Jan

May

4,650

3%

Jan

4 Via

Apr

277®

500

27%

Apr

28%

Apr

1

17%

177®

200

17%

Anr

23%

Jan

1

Certificates of interest (Un)

American

Mining

Inc

8

Steel

common

Van

Dorn

Iron

Warner

1774

1774

20

16%

Apr

23%

Jan

•

Works

Bros

Westinghouse

Electric

25%

5,400

Jan

8'A

100

6% Mar

13%

1474

760

12'/2

Corp

Inc

common

34%

35'A

290

13% May
30% Jan

Banxshares

Sheet

14%

14%
12 %

14%

14%

11

11

11 %

91%

*

.•»

94%

•

Woodall Industries Inc
Yates-Amer Machine Co—

Youngstown

34

874

5

(UnR

Ban

2

___5

Tube

&

*

523/4

Jan

383/4

Apr

170

227b

Apr

25

Jan

400

27b

Apr

3%

200

•

a23% a24 7»
2%

;

2%,

3

Jun

4

Jan

v7/b

Jan

12

Apr

137b

Jan

163/a May

3

3

103/4

107b

103/4

282

153/b

-

3

16

800

•
—

♦

a567a

a547fl a563/a

—100

159%

159%

160

1,270

Corp

com

(Un)—14
(Un)
•

a83%

a83%a83%
23%
23 %

50
208

28

Mar
Jan

Viscose

&" Tel

American Woolen Co common

(Un)

Copper Mining (Un)

Anglo Calif Natl Bank

50
(Un)

A

8% May
15% May

Apr

35%

Feb
Jan

13

Apr

Mar

16

Jan

14%

Jan

12%

200

11%

14%

200

14

200

10

Apr

490

73%

Jan

94% May

Range

Atchison

Imperial

Atok

(Un)__ —100

Top & Santa Fe

Corp

Atlas

s

(Un)

36 72

650

34

25

a__

Locomotive

Baldwin

Baltimore

Ohio

&

Bandini

Par
•

Corporation

Arundel

•

Range Since January 1

Co

16c

3

Bethlehem

Blair

Borden Co

24

6V4

200

15c

16c

4,000

8 7b

153/4

Jan

34'/a Mar
161% May

150

808

Locomotive

Works

.13

Baltimore Transit Co common

5%,

1st

Budd

14% May

17 % Mar

Publishing

Davison

Co

Delaware

Power

Eastern

Sugar

Electric

810

707®

851

Light com

Assoc

Apr
Jan

12%

62%

77®

510

23%

10

227B

23%

3,497

207B

207®

16

20%

39

39

39%

572-

35%

l

•

Jan

18

Jan

71% May

6% Mar

63/8

23

—13%

L

common

Battery

3%

15%

237B

l

&

Storage

18

697B

77B

*

Corp

Chemical

1774

70

2%

May

8

Jan

25

General

Amer class A_

Motors

Jan

21%

Apr

24 Va Mar

Jan

21

Apr

Apr

41%

Jan

Lehigh Coal & Navigation
Martin

(Glenn

National

10

L)

Power

&

Light

■

Jun

3.053

68%

Jan

90%

Jun

7%

390

7%

Jan

8%

Jan

1474

1474

*

185

90%

77B

—

1

Jan

180

88 3A

90%

10

Sv

185

185

__100

uorp_

147®

75

%

--

%

Jan

720

% May

Pennsylvania

RR

Salt Mfg
pfd series A

div

Service El

Power

$1,40

2.381

21%

Jan

167a

16

16%

1,950

16

Jun

18% Mar

1074

Jan

900

47a

Feb

7% May

—

a52 V4 a52%

75

4774

Feb

55 % May

303/4

Jan

38%

Apr

7%

Jan

14%

Apr

2.50 Mar

3.25

•

(Un)

—IZa

.

•!

2.70

5

a29

377a

377b

445

127b

377b
•

—l

(Un)
(Un)

Corp

137b

1,100

2.65

2.70

1,426

a29 a23%

62

247b

Jan

31

263

497a

Jan

51% Mar

240

58

Feb

68

May

Apr

18

May

517b

15

Corp

5

(Un)

common

*

Hill

Bunker

517b

a7134 a73 %

—

18

-2%

(Un)

1574

•

Sullivan

&

a22%

Co

177b
15 7» I

18;

1,085
43

21

Apr

23

4

Jan

13

Mar

a22% a22%

1

4'A

4%

•

17

16%

17%

1,465

5%

5%

5%

350

*

42

41 %

42

1,034

.50

53%

53%

53'%

32

Packing

....

Pacific Ry

Chesapeake
Milw

St

Service

Fuel

Eroadcasting
Gas

Commercial

System

Natural

Cons

Gas

Co

Motors

Creameries

Corp

% May

39%

Jan

Curtiss-Wright Corp

23%

Jan

27% May

392

24%

Jan

26% Mar

207

Preferred

Di

...

Giorgio
Class B

32% Mar

54

Apr

2474

257®

568

23% Mar

26%

common

*

287a

287a

28%

378

27% May

30%

Feb

Dominguez

217a

217®

22

435

20%

Apr

22%

Apr

917®

927®

290

66%

Feb

99

423/B

427®

320

41% May

607a

617®

226

55%

63% May

427a
—

Jan

May

3,060

3%

Jan

4%

Apr

253A

26%

741

25%

Jun

29%

26

21

19

Apr

21% Mar

50

Doernbecher

4s_—

39%

1975

44%

41

45

STOCKS

^

39%

$8,500
10,800

44%

Steel

•

Co 6%

——*

•

_

com.

FJreproofing

10
♦

•*

Co.

...1

Joy Manufacturing Co
National

du

Pont

Jun

5

Corp

Dorado

Electric

Pittsburgh
Pitts Screw

Co

10

& Bolt Corp

Pittsburgh Steel
Renner

—;—2%
preferred
25

Glass—

Plate

Foundry 5%
•.

—

Toy Mining

Standard

Steel

•
pfd—100
1

.

Westinghouse

—1
1

_

Spring

U S Glass common

Air

v

1

t c_

Brake

;

see page




•

12%

Westinghouse Electric Corp

For footnotes

a9%

a9%

15

7%

Jan

a30% a30%

91

2S%

Apr

35%

70'A

1,640

63%

Jan

713/b May

a76% a78%

148

€8%

Feb

69%

27

Feb

1% May
32% Mar

19

18%

19

590

15%

a34% a34%
13%
14

32

Mar

429

12%

Jan

110

16%

Apr

al-iV al>V

36% May
2.60 May

30%

Jan

93A May
Jan

78% May
1% May

7' 34%

al8

al7%

alB

31%

25

31%

Apr

Feb

19

Jun

32

Mar

14% May
Jan

21

Jan

32 % Mar

40

Feb

43

27%

Jan

33% May

a46% a47%
a7% a7%
al2% al2%

36

43 %

Jan

45%

Apr

6%

Jan

,73A

Apr

115

—:

15

a47%
—

.5

—

*

i

—

125

30%

Jan

35

12% May

14

Jan

3614

1,648

27%

Jan

36%

Jun

—

103% 104%
7
7
8%
9'A

114

102%

Jan

400

6% Mar

8

Jan

500

7%

Jan

9%

Apr

35%

105% May

•
1

8%

A com—5

class

19 %

19%

20

1,224

11%

Jan

2078 May

1.9%

19%

20

1,042

11%

Jan

20'% May

37b

200

3%

Jan

343A

912

297b

Jan

36 7b May

a69% a70V4

111

58 %

Jan

703/e May

73/b
797b

420

63/b

Jan

77b May

805

63%

Jan

79 7e May

a46 % &46%

481

46% Mar

11

220

10

19%

100

18%

260

377b Mar

•

7

Co

Jan

54

Mar

.

•

34%
a70'A

10
S

79%

(Un)—10

common

a46%

—

37s

34

7%
79'A

•

11

5

(Un)

& Share Co

Bond

Capwell Co

19%

•
—1

—

Mar

Jan

Co

Shares

33%

10%

10%

16%

16%

16%

....

l
16

Board

Machinery

pfd

(Un)

(Un)

1,000

4

Jan

48% Apr
12%

Feb

23% Mar

25

143/b May

al06

al06

7

(Un)

42%

Jan

143/b

*

106

Mar

Jan

May
16

Jan

106

Mar

49%

Feb

•

27%

277e

497

26 % Mar

29 3A

49%

493/a

1,645

41 %

Jan

50

a51% a51%

27%

135

49%

Jan

50% Mar

May

Jan

137B

100

12% Mar

15

89V4

903/b

2,261

71%

90% May

•

12%

1,335

11% May

*

Paint Corp

137b

common

17

17

100

163/b

a42'/B a42 %

10

37%

—

—lo

Corp

Motors

12%

—2'%

90'A

•
25

a42 7b
12%

12%

29
12%

225

—•

——______—100

67 %

67%

67%

50

(Un)__.—•
pfd (Un).—•

a55'A
a36

Gillette Safety Razor common

Range Sine* January 1
Low

21 %

122

Jan

High
34

May

10% May

10%

14

Apr

17

May

300

8

Mar

10

Jan

13%

14

414.

11%

Feb

107a

11

992

10%

15%

15%

12

227®

Gladidng
Golden
4%

Co

&

McEean

Ltd

Co

State

common

preferred

28 %

Mar

150

9

9

7

1%

143/b

& Chemical com—10

Electric Co

41'A

20

cap

Products

Fibre

41%

100

Corp Ltd capital

Plantation

General

for Week

33%

9

—

15

(Un)

common

Works

10

Tire

Goodyear
Great Nor

Rubber

&

Ry

non-cum

14%

Apr

Jun

14%

Feb

Hale

Jan

16% May

Hawaiian

23%

a55 a553/e

481

„

a353A a36%.

Jan

14%

Jan

Apr

19

Jan

Feb

40% May

21%

Feb

29

Jun

Jan

14%

Jan

67

Jan

69%

Jan

12%

139

447e

Jan

54%

240

363A May

43%

Feb

10

Apr

11%

Jan

Jun

16%

Feb

10%

—3

Greyhound Corp

107a
— —

'

20

103/b

500

Apr

237a

120

20%

31

31

31

310

31

267®

2674

267®

100

25%

237a

4%

4%

474

4%

600

Jan

May
Apr
Jan

31

Jun

May

•

13

13

13%

1,240

13

__•

18'A

18%

18/a

1,053

16% Mar

,,.19% May

Holly Development Co
Holly Oil Co (Un)__^

1
1

2.00 Mar

4%

100

—

1-90
4%

Feb

*

* 75

75
2.15
15%
11'A

2,345

374

3%

374

39

38

39

—

38

397®

2

1.70

3,400

47.

Inc

Stores

Bros

Pineapple Co Ltd

6%

Feb

Honolulu

Jan

4

3274

Jan

423A

Apr

60

357e

Jan

40% May

Com

Co.

Plantation

.

8

87®

--

85

85

65c

-

70c

8c

6

8C

237a

8c

24%

6

6

1

—

-12%

Inc

._

—

—6%

Co

Car

Motor

Foods

11'A

71
2.15
15%
11%

150

30

1,605

Mines Corp (Un)—__1

Idaho Maryland
Idaho

Power

Co

20

common

33%e

11 7b May

Int'l Nickel of Canada

75

Feb

85

international

60c

Apr

95c

67b Mar

747

53
200

May

Tel

7c

85

26%

26

267®

380

35

347®

35%

286

Apr

11c

Jan

24 7a May

57/b

3 GO

.

•

Jan

67b

Jan

Ksiser-Frazer
Kansas

Power

Jan

Kennecott

24% Mar

27%

Feb

Kern

30%

35%

Apr

Leslie

Jan

-•
(Un)—•

(Un)

Tel

com

—

—
—

1.60

>

(Un)

Corp
& Light

Copper

County
Salt

Corp

Corp

.

(Un)
(Un)

Land Company.—

Co

1

8%
-*
5
-10

a50%
—
—

a58%
...
..

2.15
13 3A

9%

60

103A

12%

3,280

30%
13%

30 A ,
14

a50% a50%
6
6%
al678 al6/8
a57% a58%
483A
49
323A 32%

3%
49

100

a367a a36%

Feb

18%

13,000

&

1.60

107b

1.60

195

Mar

170

Oil

Independent Exploration
87®

—

34% Mar

Johns-Manvllle
San

360

Jan,

159

Co

Co

Oil

Emporium

Hunt

—;

convertible

27%

Mar

6

49% May

Pittsburgh Brewing Co$2.50

27%

1.40

585

(Un)—

FJelds

Oil

Kodak

Eastman

Hudson

Common

1,300

Honolulu

—5
—

Walker Refractories

(Joseph)

228

2.40

41

Bridge (Un)_.
(EI) de Nemour®

General

High

32%

•

system

Duquesne Brewing

Home

36%

2.35

..v.:

Range
Low

pfd—10

—

Co

Sales

of Prices

Last

Sale Price
Par

Harbison

36%

32%

Preferred

Week's

Friday

Follansbee Steel Corp

417b May
a

32%

(Un)_.—:

Corp

Mfg

Chemical

Ewa

Pittsburgh Slock Exchange

Gas

—

32%

General Metals Corp

Columbia

Jan

Apr

21

13%

474

4

4

10

Gas

30

.

44 % May

*

....

Apr

a_.

(Un)__•

Dumbarton

—1975

Co

16%

14% Mar

32%

100

Feb

A

L)

831

41

common
....

Co

Fruit

25 7a

Inc

Natural

32

al5% al5%
41 % 41%
al05% al05%

430

1

General Foods Corp common

(D

Feb

33%

—

(Un)—.1

common

common

General

Arkansas

53%

—_—.5

Publishing

Food

Clark

Jan

41

Inc

America

of

Zellerbach

Crown

Eureka

Blaw-Knox

Jan
Jun

53

A—*

(Un)

cap

common

33

5,072

1

Ludlum

Jun

6

42

33%

25

Consolidated Edison Co of N Y

355

BONDS

Allegheny

17 %

Feb

—

•

_.

.

class

Industries

347®

467®

Improvement

series

(Un)

Edison

Chemical

Curtis

277®

Corp

5s

a77%

2%
•

cl B
(Un)

Sys
com

Solvents

Commonwealth
Cons

Jun

257®

Co

,

5% May

•

common

Columbia

El

Transit

Iron

Columbia

49% May

43%

*

Ealtlmore

&

34

—

•

Westmoreland

—

70%

-

115%

Feb

26%

Co

Gas

—

10

Co

May

41%

253/B

Sun

United

Mar

5% Mar

34 %

3%

*

124

26 3A

common

United

*

100

(Un)

Co

70

253/a

Sharp & Dohme Inc common
Oil

(Un)

com

__

25

104

*

Co

Paper

25

—

Chemical

Colorado

Dow

Scott

2.35

__

__

Rights

__

al05V4

1

(Un)

Ry
RR

Paul

(Un)

Chrysler Corp

al5%

100

Ohio

&

Preferred

Clorox

10

common

oi
America
Mining Co

Corp
Eureka

Central

Cities

—25

(Un)

Tractor

467®

_*

preference

common

preferred

60

div

Reading

Corp

—

1572

16% May

200

»

1157a

467®

common

Gas

Jan

Apr

133/4 Mar

1574

320

114

.

3
&

Apr

400

7%

27% May

•

Co

Corp

Public

277®

common

preference

Phiico

267B

100

:

Water <te

Philadelphia Electric
$1

12% May

27

10

common

.

Pennsylvania

Feb

11%

50

Pennsylvania

3%%

10%

11 7B

*

Pennsylvania Power & Light

Feb

.11%

117b

63/4

17% May

% Mar

42

11%

10

1

Corp

Apr

103/4

(Un)

Continental
Pennroad

9%

( 13%

May

21%

i/.'-'M*

Finance Co of

Jan

'

Feb

Jun

3%

98

18

13%

8% May

548

1%
9

8%

•

9 % May

40

17®

100

Chrysler Corp

10%

87B

*

preferred

Company

Curtis

107a

107a

Jan

'

Chic

Baldwin

Feb

Apr

Mar

10

,

27c

May

5%

87b
107b

9%

Feb

7 Va

Co

Celanese

146%

360

16

15c

77b

25

Feb

5 3/4

107b

105% Mar

Jan

104

8

6%

10%

..

Borg-Warner

4.20%

29% May

348

1,797

—

Feb

1

_

_

(Un)

Steel

Holdings

Budd

High

High
317®

303A

39

—

(Un) —100

com

Bishop Oil Co

Caterpillar

Low

1597b 161%

30 3A

159%

Jan

33% May

—5

RR

Petroleum

Oil

__

—13

(Un)

20

a233/4 a247a

all37a all37a

;

P10

Wedge Mining Co
Avco Mfg Corp common ( (Un)
Big

Canadian

Shares

100

&

32

367a

a24%

.2.50

Diesel Engine

Preferred

for Week

of Prices

Tel

Tel

80% May

Feb

Sales

Last

Sale Price

American Stores

Jan

743

California

Philadelphia-Baltimore Stock Exchange

American

693A
23

33

California Art Tile class A—;

Low

161% May

16 % Mar

14%

Week'*

Jan

Jan

all% all3/8

3672

•

56

53 3/4 May

Jan

146%

32"%

20

_

class

Natural Gas

23

124

Calambra Sugar cap
Calaveras Cement
Co

Friday

:

(Un)

Tel

Byron Jackson

STOCKS

47

High

Mar

2874 Mar

10

337b

Co

Smelting & Refining

Arkansas

a237a

MO

—1

(Un)

American

Anaconda

317a

'

Jun

34

100

15

Low

250

&50 Va a50 '/4

——

__1

Boeing Airplane Co Cap

Wieboldt Stores
Wisconsin

32%

337B

*

Pictures

i

(Un;

Stan

Airlines

&

Co

(Un).

common

Radiator

Amer

Barnsdall
U

a50 74

Range Since January 1

High

Apr

47®

4

1

United Light & Rys Co ex rights
United Paramount Theatres com—

Jan

Low

»

(Un)

Gold

Juneau

Alleghany Corp

Atlas

Union

Par

..l

Reduction

13% Mar

37% Mar

59%

300

Jan
Jan

9%

710

147®

10%
34

1,200

deposit

Co

Trane

137®

37%

Shares

—5

American

12 3A

36%

14%

International

Co

Ctfs

13

36%

i

:„:_25

Swift

;

Corp

American

Sunray Oil (Un)

tor Week

of Prices

"

8%

1,226

-V-

Laboratories

Abbott

10

(Un)

.'V v'

:■

Admiral

%

8

i

Sales

Range

Sale Price

24% May

12%

Week's

Last

STOCKS

Jun

May

Exchange

Friday

High

547b

Studebaker Corp
Sundstrand

A

__5

.....

Storkline

High

San Francisco Slock
Low

1

Steel Spring (On)
Aluminum Products.
Stewart-Warner Corp

sterling

2

Range Since January 1

—1

Standard

Stone

Low

Par

.

ENDED JIINE

Sales
for Week

Sale Price

WEEK

FOR

RANGE

41

820

1.60
38

9%

Feb
Jan
Jan

7

Mar

76 Va May
2.15

Jan

Feb

17% May

Jan

12%

Jun

Mar

Jan

25% Mar

2.05

38

Apr
Jan

Mar

12% May
30 3A May

762

9%

Jan

16

40

46%

Jan

51

1,365
6

75
823
10

4%

16%
50

Jan

Jan
Mar

Apr

May
7% Feb

19

Mar

55% May

45%

Jan

49

31

Apr

33%

May
Jan

42

(2334)

The Commercial and Financial Chronicle

.

.

Monday, June 5, 1950

.

OTHER STOCK EXCHANGES
RANGE

Friday
STOCKS

Week's

Last

Range

Sale Price
Par

Lockheed Aircraft Corp
Loew's
Inc
(Un)

Macy & Co (R H)
Magnavox

•

common

Co

1

Friday

High

Low

435

23%

16

16

120

15% Mar

a33% a34%
19%
19 /a

70

158

Jan

Republic

Keyiioiub Tobacco class H

26%

26%

44%

44'A

44'A

49

16%

15%

16%

1,795

13

50

a__

Meier

&

&

Robbins

Frank

Co

Inc

(Un)

18

Inc

10

1
•

Mindanao Mother Lode Mines

_P10

Montgomery Ward <fc Co

(Un)

(Un)

•

10

(Un)

Distillers

Linen Service Corp

Products

(Un)

5%%

Occidental
Oceanic
Ohio

Aviation
Invest

Oil

Pacific

215

16

15,100

—

&

&

3.25 May

Safeway

Jun

19% M^y

San

14c

Jun

26c

class

Electric

5%

1st

B___

5%

red

1st

15c

23%

—

8

15c

300

33

Mar

15c

19c

23%

100

Feb

21% Mar

Jan

61

61%

712

53%

26%

26%

929

24

Jan

28

35

17%

Jan

2,540

16%

Jan

21% May
23
May

22%

22%

23

22%

22%

440

9%

Roebuck

Pacific

Pacific

Public

Pacific

Tel

&

Preferred
Packard
Pan

Paraffine

series

23

23%

1,735

•19%

Jan

23%

Jun

46%

47%

452

37%

Feb

48 %

May

__

33%

33%

193

29% Mar

34

May

27%

27%

82

27%

Apr

29%

13%

13%

190

11%

Jan

13%

58

29%

Jan

36% Mar

27%

__

.0

a34% a34%

P10

8c

7c

8c

3,150

7c

Mar

Feb

Apr

9c

Jan

280

42 Va

Feb

45

448

35

Jan

44% May

58

3,270

32

Feb

58

•

27%

27%

27%

785

22

Feb

28 %

Apr

61%

Jun
Mar

May

18

—

19%

19%

592

16

8

35%

34

35%

2,374

36

36

746

28%

Oil

200

21% May

Corp

Socony-Vacuum
Soundview

Southern

(Un)

Oil

Pulp

Calif

(Un)

Co

Edison

cumulative

Jun

11 %

10%

Jan

Co

Jan

16% May
19% May

Southern

16

Southern

Pacific

15

—

19

—

90

15

90
50

—

565

19%

50

90

10

76

Jan

350

50 %

40

Jan

20%

20%

20%

165

28c

28c

28c

200

2.05

2.20

2,700

a34% a34%

134

18%

90
Apr
53% Mar

Jan

22'A

2.15

a34%

a36%

a36% a36%

10%

—

60

10%

100

6

6

35

4%

4%

190

22

—

22

125

22c

Jan

1.40
32

46c

Jan

3.00

Jan

27

Jan

13%

5% Mar
3%
21

May

34%

Jan

7

Jan

34%

466

35

Jan

37% May

33%

161

31%

Jan

29%

500

28

Jan

29>/a

29%

150

28

Jan

29%

550

28% May

31% Mar

34%

Jan

29 %

Jun

53%

210

52%

Feb

106

20

103%

Jan

105 "A 105%

106% May

100

104% May

Standard

Oil

1,210

15%

15%

15%

200

ill

111111%

364

101

22

144

147% 147%

•

(Un)__l
•

1
50

33%c
25

(Un)

•

&

Company

Mar

(Un)

25

(Un)

36 % Mar

Apr

36

17

Jun

12%

1,236

11%

Jan

19% May
13% Mar

55%

695

50%

Jan

180

26%

Jan

31c

Feb

35c

21%

Jan

23% Mar

61

Jan

70

a30c

50

a22% a23%

359

a30c

69

70

2,G0C

(Un)__

25

May

57
May
29% May

May

Jun

a48% a48%

a76%

50

42%

Jan

47%

a75% a76%

__

1

Water

250

66 Ve

Jan

76

941

26%

Jan

35

34'A

34%

Apr
May
May

37%

37%

160

36% May

37% May

__

a69%

a71

351

59%

Jan

10

27%

27%

29%

1,700

23

Jan

69% May
30 % May

2

(Un)

18

17%

18

5,180

14%

Jan

Associated

Transamerica

&

changed

Airlines

Oil

com

19

18

Jan

20%

Corp

Transcontinental
Named

.28

__

Trans

to

Inc

May

Air—

Western

World
5

—

Union

Carbide
Oil

Carbon

&

Union

Calif

of

Co

(Un)

•
28

common

al8% al8%

—

25

50'A

26%

50%

795

42% Mar

26%

—

Apr

50% May

27%

1,287

14

14

116

24% May
13% May

27% Mar

—

9

29

29

29

115

25%

Jan

31% May

10

15%

15%

15%

355

13%

Jan

17% May

1

Sugar

4

4

4

300

3%

Jan

al7% al7%

20

Corp of Delaware

Jun

United Par Theaters ctfs

111%

Feb

147% May

Apr

4%

Jan

U

9'A

346

9%

Jan

10%

Feb

Universal

17

1,627

15%

Feb

21

Jan

60

18%

Feb

21 %

282

16%

Jun

*18 % Mar

8%

Jan

11% Mar

a50% a50%
8%
8%

235

5 "A

251

5%

18

—

10

67%

50

18

283

a35% a36%

60

Feb

Apr

14%

Feb

18'A

May

37

34%

34%

150

27% Mar

20%

19%

May
34% May

20%

1,332

12%

Jan

23

—

a7%

a7%

50

7%

Apr

Dept

Pacific

Westinghouse
Woolworth

Feb

Yellow

Feb

Jan

34

Jun

a52% a52%

50

41

Feb

58

40c

Apr

40c

40c

40c

10

7

370

9

13%

13%

14

500

12% Mar

93c

93c

880

90c

6%

6%

800

5%

12%

(Un)-£

Inc

(Un)

1

(Un)

5

(Un)

RR

1

__

—

15

pfd
(Un)

Corp

W)

100

(Un)

(Un)

12%
10
1

6% Mar

20

a8%

50

19 %

19%

30

10

8

140

a69% a69%
a28% a28%

—

•

common

15

a8%

—

__

50c
Co

Elec

Co

Jan

20%

26%

40

3,308

6%

common

4 % Mar

34

—

Telegraph

(F

Cab

—

32%

1

Stores

Union

al7% al7%

Feb

23%

25

Insurance

Lines

—

33%

14'A

17% May
20% Feb

(Un)

1

Life

Western

Western

Apr

9%

Coast

Western

Apr

10

(Un)

West

4%

Oil

—

common

Pictures

Petroleum

Preferred

Western Air

67"% May
5% May

37

Bros

Westates

(Un)_l
•

common

Equipment Co

Warner

of int

—1

Consolidated

Company

Apr

(Un)

Corp common

50% May
11% Apr

8% May
58

Inc—

(Un)

Steel

Victor

428

67%

S

Vica

16%

Lines

Common

3%

10%

—

(Un)

United

Jan

45% Mar

Corp

Jun

16

424

al9

12%

United Aircraft
Air

16%

•

Jan

35%

54%

70

United

10%

34%

•

25

Jan

18

14% Mar

Apr

—

a35%

1

14

55'A

16%

•

of America (Un)_
Radio Keith
Orpheum (Un)

Co

3%

al9

—

•

(Un)

Calif

Corp

Texas

16%

17

•

7.50

of

33%

10

1,674

a28% aZ8%

a22%

(Indiana)

128

19

12%

—

•

Co

Swift

9%

„

P100

Co

Pig'n Whistle conv prior pfd
Puget Sound Pulp & Timber (Un)

(Un)

Standard Oil Co of N J
Studebakcr

3%

a50%

Inc

36

35%

17

a28%
/

Mar

35%

54%

*

May

30% Mar

35%

—

Co

Co

23 %

29

105 % May

•

•

Jan

28% May

29% May

106

100

—100

Apr

29 %

70

__

1

Valley

Standard Oil Co

May
29% May

53%

—

26%

155

18%

5

Brands

34

28%

—

—

6,160

29%

29%

34 %
37%

33%

—

150

Feb

22% May

37%

—

28%

a28% a28%

35%

2

Sperrv Corp

Spring

Jun

36% Mar

Jan

Apr

5%

Apr
Jan

25
25

Petroleum

Apr

34% May
35% May

10% May

pfd ser A

—

Standard

18

Airways

Calif Gas

Jun

34%

Jan

preferred

19 Va

35%

a30% a30%

__

Jun

Feb

—

25

May

29% Mar

—

25

Convertible preferred 4.88%

9%

175

a44% a45%

—

25

Convertible preferred 4.48%

Jun

17%

common

preferred

Jan

9%

18

'Un>

(Un)—•

com

24%

(Un)__lO

common

Co

Jan

California

*
com

.

7%

6%

—

Phelps Dodge Corp (Un)
Philippine Long Distance Tel

Pure Oil Co
Radio Com

23%

44%

Southern

—25

-

Pullman Inc

Jun

39% Mar

52

Southern

A—25

.

Petroleum

35%

44%

Apr

25

Paramount Pictures Corp (Un)
Pennsylvania RR Co (Un)
Pepsi-Cola Co (Un)

chMllps

Jan

36% May

57%

23% Mar

25

ccmmon

Companies

23%

358

44%

15

—

—

com

1,371

a45%

Jan

—

Motor Co

35%
36%

•

Apr

common

American World

33%
36%

Feb

5

11%

—

—

Service

32% May
33% May

46%

,—10

Co

22%

*

Tel

&

430

25

Portland Cement

Inc

Co_

400

20

Lighting Corp

Jan

15

Oil

23%

—

o

preferred

$4.40 preferred
$4.50 preferred

30%

Signal Oil & Gas Co class A

Shell

Union

Pacific

150

23 % May

a20%a21%

—

—

-—15

common

preferred
1st

33%

—

1

Mining

13%

*

preferred

red

33'A

35%

(Un)_*

Inc

Stores

Mauricio

23%

(Un)-—10

red preferred

4.80%

74

Jan

Mar

32% May

Foods

13%

1

1st preferred

5%%

Fine

W

18%

Tide

6%

Jun

24%

Jan

25

Feb

23 %

•

Coast Aggiegates
Finance Corp com

Pacific Gas

50

130

1
A

—

13%

8

(Un)

Filters

a32% a32%

—

1

Paauhau Sugar Plantation
Pacific

18%

14

90

32%

•

Roos Bros

9%

10

common

United

18%

14

100

Corp

common

—

May

High

51

32%

__

*0

Co

class

Co

9%

common—100

Co

Edison

1.60

22

—

LOW

50

__

*

(Un>

Corp

9%
9%

1

(Un)

Petroleum

Ohio Oil Co
Oliver

(Un)

Cons

Ry

Cement

(Un)

Manufacturing

4.32%
•

100
Oil

Pacific

Oil

Riverside

•

Power

American

Richfield

•

(Un;

preferred

North

Northern

1,200

22%

•

American

236

2.30

a20%

1

Natomas Co

North American

22'A

1

National

Mohawk

Rheem

44% May
16% Jun
a—

2.25

5

National

North

1

———•

Morrison-Knudsen Co

Y Central RR

27% Mar

Jan
Mar

22%

—

2.25

Corp

Range Since January 1

High

Sinclair

—•

.

& M & M Consolidated
Montana Power Co

N

a40

Steel

Jan

41%

Sears

Minnesota Power & Light
M J

Niagara

a40

23

Apr

S

Menasco Mfg Co common
Middle South Utilities

Nash-Kelvinator Corp
National Auto Fibres

a40

465

Shares

50%

1
—25

32% May

26%

for Week

Low

_100

pfd

Realty
common

24

*

Un>

oo

&

incorp
Preferred

Apr

*

Navigation

Equip

Jan

Matson

McKesson

Railway
RayoJuer

11

5

Sales

Range
of Prices

Par

32% May
18% Jan

29%

Marchant Calculating Machine—
Marine Bancorporation (Un)—.

Week's

Last
Sale Price

High

29%

—

2

STOCKS

28'/a

—

JUNE

Range Since January 1

16

—•

ENDED

Sales
Shares

29

-—

WEEK

for Week

of Prices

Low

FOR

16%
a

16

Jan

1.25 Mar

Feb

7% Mar

Apr

15

Jan

Feb

Mar

35%

35 %

315

31 Va

Jan

—

48%

48%

245

48%

Jan

4%

4%

4Vs

100

3%

__

Jan

Jan

___

20

Apr

Apr

7%

Apr

May
Feb

9%

19% May
a__

—

28%

Apr

35% May
50 % Apr
Jan

5

CANADIAN LISTED MARKETS
RANGE

FOR

WEEK

ENDED

JUNE

2

Montreal Stock Exchange

Friday
STOCKS—

Canadian Fundi

Last

Range

for Week

Sale Price

STOCKS

Week'i
of Prices

Shares

Par

Abitibi Power &
Paper common
$1.50 preferred

Acadia-Atlantic 8ugar class A

Agnew-Surpass
Algoma

Shoe

•

20

Low

32%

24%

———*

Steel

•

Telephone

•

25

Brazilian Traction Light &
Power—*
British American Bank Note
Co
•
British American Oil common
•
Preferred
British

28

Columbia

British

Columbia

British

Columbia

PIokb

Bruck

4%%
pfd„ 100
Forest Products
•
Power

R

Corp

cl

$1.30

5

common

•

preferred
Iron

20

Foundries

For footnotes

II—•
•

Dredging

Canada Cement
Canada

A—•
•

Mills'Ltd" class ~B—-I
Gold

Jan

22%

Jan

7,552

25%

25%

200

8%

8%

8%

205

17

16%

17

5,345

22% May
8% Jan

25%

17%

Jan

62%

65

1,995

52%

Feb

26%

26%

26%

495

26

Jan

46%

46%

350

45% Mar

7%

8

3,255

a73

a73

15

75
15c

8

High
33% May
24% May

13%

65

7

Jan

Jan

9

Apr
Jan

Corpi
Canada Safeway Ltd 4%%
pfd
Canada Steamship common
5% preferred
Breweries
Bronze

Canadian Car

see

common

page




4Jl.

10

for Week
Shares

67

May

$1.75

27

Mar

Jan

82

Apr

&

Celanese

•

10

100

100

35

100

Jan

20%

20%

20%

375

14

Jan

40

40

110

>34

Jan

21%

21%

22%

6,081

24

24

100

11

11%

*

•

common

11%

Low

1,196

May

High
12%
100

41% Mar

21% Mar

23 %

23

25

11

Feb
Feb

Jan
Jan

22% May
Jan

May

12% Mar

15

14%

15

1,035

14

Jan

15 Va

•

39

38%

39

3,972

28%

Jan

40 % May

40

40

170

37%

Jan

40

common.

preferred

££

25

$1.00 series
Canadian
Class

80

50

2.-

Foundry

High
10%

—.—__20

Canadian

8% Mar

•

Range Since January 1

Low
10 %

__

100

common

Class A

Apr

46%

•

.

Canadian

Canadian

25

Cottons

common

a5c

67

29

30

2,472

24%

Jan

30

29%

29

30

2,967

25

Jan

30

Jun

42%

Name

41

42%

39%

Feb

22%

22%

19

Jan

42%
23%

Jun

22%

6,092
14,122

14%

700

14%

Jan

1,649 '

25%

Jan
Mar

27%

jan

770

22

May

7%

50

7

Apr

a6

10

8

Mar

9

46

46 Ys

150

45

Jan

33

33

80

31

May

Mar

9

a6

May

24%

Jan
Jan

V

Feb

46 Va May

Corby (H) Distillery

15

24

7%

*

—

23%

*

preferred

B

Canadian

24

20
*

Converters A

29%

Mar

25%

26

26%

26%

26%

101 101%

680
■

26

'

70

100

3.85

,3.75

3.95

4,700

2%

31%

30

31%

988

27%

Jan

Janl;"
Jan

4 85

4.05

6%

6%

6%

65

6%

Feb

35

35

35%

265

30%

Jan

a8.00

a8.00

a8.40

235

8.00

Apr

37
—

25c

Mar

Canadian Foreign Investment

Jun
Canadian

25%

Elec

Building Products
Bulolo

Low

Power

a5c
•

Bathurst Power & Paper class A
Bell

Range Since January 1

21%

24%

100

Warrants
Asbestos Corp

Canada Northern

11,616

24%

•

Aluminium Ltd
•
Aluminum Co of Canada 4%
pfd
25
Anglo Canadian Tel Co 4%%
pfd—50
Argus Corp Ltd common
•
4%% preferred
1-

33%

Sales

High

32%

Sales

Range
of Prices

Par

Friday

Week's

Last

Sale Price

4.95

8,465

2%

Jan

Industrial

changed

Apr

Canadian

15%

Apr

Canadian

27%

Jan

101% May
4

31%
4.95
8

36

5%

.

•

27

26%

28

2,030

*

16%

16%

16%

207

103

Companies

103

103

5.003

preferred

Canadian

Pacific

—25

Cockshutt Plow

18

18

18%

*

Railway

16%

16%

17 Va

766

*

103

103 .104 %

1,186

a25% a25%

__

Apr

Consolidated

Jun

Consumers

_*

a25%

Jun

Corby (H) Distillery class A——*

10%
10%

Mar

Class

Mining

Glass

Jan

Alcohol

to

Locomotive

Oil

36%

& Smelting

—

.

.

B

*

22% Mar
15%
103

Feb

May

16% Mar
15%

Jan

91% Mar

31

May

la

Mar

103

May

19

Apr

17% Apr
105% May

215

22%

Jan

26

Apr

10

10%

725

8%

Jan

12%

Apr

9%

10%

220

8%

Jan

12

Apr

22

22

23 Va

Jan

May

9.75 Mar

Davis

Leather Co

Distillers

37

38

2,700

34

Jan

38%

Jan

Dominion

29%

29%

725

29

Jan

29%

Jan

Dominion

23

23

350

19

Jan

23 %

Jan

Dominion

Ltd

class

A

Seagrams
6%

Corset

*

45

21

Mar

preferred.
Co__

•

23

22%

23%

Feb

27

•

.—

Bridge
Coal

«;—*

46%

45%

46%

670

40%

Jan

47% May

20

20%

1,040

20

Jan

21J'«

Mar

14

14%

1,375

13%

Apr

14 %

May

25
•

14%

4.975

20 Va

Apr

Volume

Number 4913

171

The Commercial and Financial Chronicle

...

(2335)

CANADIAN
RANGE

Friday
STOCKS—

Week's

iLast

„

Par

"■

Dominion

Dairies 5%

Domimui

7%

common

uiasa

Dominion

Steel

Dominion

Stores
Tar

Donohue

Eddy

class

11

19

Apr

19% May

74

27

Feb

32%

Jun

250

4tt

Jan

'

47%

48

!

35 %

35 %

120

19%

19%

19%

3,885

38

38

50

common..*

Paper 4%%
Ltd

pfd

11%

—100

23

23

12

5,502

19%

102 102%

class

A

preferred

36%

25

Jan

May

38
29

Feb

23

May

11

12

Jan

Feb

93%

Jan

19

19%

800

15

Jan

20

Apr

22%

415

15

Jan

23%

Feb

18

■'18%

20

Corp

1

18%

1,825

15%

Jan

18%

Jun

17%

Frasei

Co

4%%

5%

Power

30%

130

30

31

3,710

100% 100%

100

•

19 %

107 %

19%
111

pfd

inc

102% May

19

105

52%

20%

20%

Apr

Jan
Jan

17%

Jan
Jan

110

1,510

•20%

Jan

33

106

75

•

16

Jan

98

25

52%

Apr

24%

490

105

18% May

29

70

18%

Jan

14%

25

50

1927

13%

886

•

Alanastine

&

111

205

100

preferred
Goodyear Tire 4%
Lime

19

107.% 108%

.-100

Wares common

oteel

100 %

100

common

5%

Gypsum

1,330

30%

30%
100

preferred

General

15

common

preferred

5%%

14%

30%

preferred

Gatineau

17%

14%

Famous Players Canadian Corp
Foundation Co of Canada

17%

Sales

Range

for Week

of Prices

Shares

Par

Anglo-Nfld
Atlas

Develop

Steels

Auto

&

Ltd

Co

Paper

class

Oo

B

class

Canada

Ltd

Hosiery

Co

Jan

17%

Jan

103

Apr

52%

31 % May

100%

Jun

19%

Apr

109

Apr

111

Apr

19% Mar

105%

Jan

Jan

53

Apr

Brit

Brown

Feb

21

Jan

14%

100

7%

'

——

6%

Howard

Bridge
Smith

•

Paper

•

common

$2.00 preferred
Huoson

Bay

al3 al3%
49

49

1,122

34%

Jan

49

50

50

200

48%

Feb

50

Jan

Smelting

&

1,930

41% Mar

48

Feb

Jun

May

12% Mar

May

7%

9% Mar

7% May

2.00

2.00

1,200

Apr

2.00

Jan

11

11%

170

11

Jan

11%

Feb

8%

1.75

~7

7

7%

125

6

Jan

*

107

101

107

205

81

Mar

107

Jun

_1

5%

5%

5%

14,060

3%

Jan

6

May

109%

420

92%

Jan

com

common

_

_

Ltd

109 110 % •*

»
_

Canada & Dominion Sugar

3.00

2.75

3.00

1,325

_1

_

11%

11%

11%

150

22

21%

22

1,170

a51

a51

5

51

54

49

•

_

Malting Co Ltd

•

Canadian Fairbanks-Morse

Co

——

51

__*

•

Canadian Food Products Ltd common.*

«...

Canadian

General

—

Canadian

Industries

Investments

*

•

common

preferred

3.00

14'A Mar

21 Va May
49

'

22% May
51% Jan

Jan

40

Jan

'

54

5%

Jan

17 %

Jan

19%

Jun

26

1,126

21 Va

Feb

26 % May

al77

"

100
425

<26

— —

5%

19%
al77

4.60 Mar

176

180

Feb

68

May

68

65

68

175

*

7%

7

7%

150

5%

Jan

3.85

4.00

740

2%

Jan

349

Trust

com

May

.

5%

*

Invest

Jun

Jan

19%

—

26

100

114'A May

Jan

1.50
10

Canadian

Inter

Apr

s

Apr

70%

Apr
Jan

8

May

50

Mining

Apr

46%

5
8

Jan

12

Canadian Ingersol Rand Co Ltd
Hamilton

May
97/a Mar

100

Ltd

Butterfly Hosiery Co Ltd

7%

2,635

Jan

*

Company

Canada

8

12

7%

3.75 Mar

*

Ltd cl A_

Pulp & Pap Co

Burnett

25

High
20

Feb

*

Packers

Preferred

May

17%
12

Col

255

5

.

5

Low

14%

of

common

Bickle-Seagraves Ltd
British Columba

9

7

8

*

26,360

12

•

•

Beatty

Bros Ltd
Belgium Glove &

8%

*

B

19%

Range Since January 1

High

18%
8%

19%

•

Prod

Pr

Low

5

Ltd

Fabrics

Bathurst

Ltd

Co

Class B
Electrolux

Week's

Last

Jan

22% May
21% Feb

65

Friday
Sale Price

STOCKS

Jan

22 Vs

21

»

Co

Jan

May

33

330

11%

1021/4

*

35
19

25

23

*

Bros

44% Mar

25

-23%

Faper

Paper

al9

32 %

48

common

Canadian Funds

al9

—

preferred

Montreal Curb Market

31 y8

25

B_

2

High

!

32%

•

Chemical

Textile

Donnacona

Dryden

Low

35%

Ltd

&

Redeemable
Dominion

Coal

&

JUNE

Range Since January 1

High

20

preferred

Dominion

Shares

i

•
*

MARKETS

ENDED

for Week

Low

35

preferred-

Dominion Foundries <te clieei

WEEK

Sales

Range
of Prices

Sale Price

LISTED

FOR

Canadian Marconi Company
Canadian Pwr & Paper Inv

•

46%

46

47

•

26%

26

26%

8,104

Imperial Tobacco of Canada common.5

14

13%

14

2.805

26

26

175

25%

Jan

26%

Jan

37%

39%

2,160

29%

Jan

39%

Jun

Cassidy's Limited

100

100

585

99%

Jan

101

Feb

Claude Neon General Adv

10

29 %

Jan

37

May

885

32%

Feb

40

1
Ltd com

5.50

Apr

2.25

•

2.25

14%

14%

25

12

Feb

16

May

106%

112

160

88

Jan

115

Apr

2.75

Feb

1.50

Jun

5%

Imperial
4 %

Oil

Ltd

preferred

Indust

25

Corp common

Acceptance

5.00

39%

•

preferred

100

$1.25

preferred

25

$1.60

preferred

32

a37% a37%
40

38

40

21% Mar

28%

Apr

13% Mar

14%

Jan

preferred

Canadian

Canadian

Westinghouse

Preferred

-

Intercolonial
6%

Coal

common

Bronze

100

__

International
7%

a25 % a25 %

5

Nickel

Paper

35

.7%

common-

International

Petroleum

4.25

Feb

50

15%

Apr

32%

35%

12,464

150

110

143%

Feb

International

Utilities

Co

Ltd

49%

49%

37%

Jan

6.00 Mar

35%
150

Jun

May

50%

835

11%

12

1,733

Jan

12

55 %

53

286

46

Jan

58

May

24

23

24

923

19%

Feb

24

50% :May

May

Paper
Textile

Ltd

Class

Public

(.John;

litnati

Ltd

Service

common—*

11%

Ltd

19

11%
19%

590

19

Mar

2U

Jan

25

24

25

675

24

Mar

28%

Jan

16

16

16

50

15

May

19%

20

22

133

20

May

22% May

9

9

35

9

Apr

9,050

62

20

57

Jan

62

Apr

15

15

333

12

Jan

15

May

30c

35c

250

30c

Jan

80c

—

33

33

25

2.85

2.60

3.00

4,800

— —

•

common

4.25

3%

33

Sec

4.50

200

75c

75c

75c

74

45c

16%

16%

16%

31

26

27 Va

16,142

13%

13%

125

(R

Ltd

Corp

•

common

L)
class A

_50

_

8

8

34

16%

16%

Dominion

58

59

40%

40%

42

Dominion

Woollens

4.75
90c

Mar

16%

Jan

Jan

May
Jun

Jan

27 Va May

Jan

15

Apr

Jan

8

Apr

Jan

34

7%
30

100

1,405

Ltd

Oilcloth & Linoleum

Mar

177/b

34

59

Co Ltd.*

Works

3

11

250

•

_

Engineering

Jan

Jan

4.15 Mar

50

34

8

•

Frere Limitee
B

26

•
'

Mills

Jan

40

15

4.50

Jun

Mar

2%

A—•

class

5 Va

Jan

Feb

Feb

12 Va

Jan

17%

50

Jan

61

Mar

39 "Z

Jan

43

May

Jan

22

•

5%

62

•

Stand

Consolidated

David &

4.90

5

Dlv

Apr

62

Ltd class B_*

Ltd

.

5%

.100

Consolidated

Dominion

Jamaica

common

Alcohols

•

—

—*
1

_

preferred

Crain

——

—

2

Ltd.

Preferred

Jun

—fl

,8%

Co

-

Consolidated

Jun

18%

11%

*

Corp

29% :Mar

8%

Jan

26

57%

•

Power

May

300

-100

International

25

5%
18%

150

*

Canada

of

55

5
18

-25

preferred

International

a25 %

*

common

preferred

■

•

Ltd

Canadian Western Lumber Co

Commercial

International

•

Vickers

19%

25

11

Mar

12%

Apr

Worsteds

&

•

9%

9%

20

20%

305

10%

Jan

20%

9 Ye May

Jun

"

Lake

of

Lang

•

the Woods common

&

Sons

Ltd

(John

Legare 6r/c

preferred

Lewis

*

Ai_

__25

Ltd

Bros

__

•

_

*
—

11%

Jan

Donnacona
Eastern

Paper Co Ltd

Steel

Fairchild

•

Ltd

Products

Ltd

Aircraft

it

Class

♦

Corp Ltd
preferred

15

15

300

115

115

15

*

•

B

Mailman

5%

15
115

100

—

__

11

common
_

___

McColl-Frontenac

15

Jun

115

May

11

11%

975

9%

Jan

11% May

10%

870

7%

Jan

10%

17

17

a94

100
•

Apr
May

10

10%

*

Massey-Harris

10%
110

a94

250

50 ''

Fleet Manufacturing Ltd
Ford Motor Co oi Canada

Foreign

Power

Class

class

Montreal

16

Apr

17

Jan

94

Jan

94

Jan

National

7%

Breweries

__

A

21%

Jan

29% May

Feb

lb%

Jan

a28

a27%

a23

90

25% Mar

29

Feb

Inter

Paper

Metal

27%

27%

28

225

25% Mar

29

Feb

Inter

Paints

19%

19%

20

1,415

18

22%

Apr

Investment

40

50%

50%

50%

16

50%

Jan

51

Mar

€6%

66

66%

145

37%

Jan

77

31%

30%

32%

2,845

30

May

37

49

40

•

common.

preferred

National

25

Hinde

&

Dauch

National

Steel

Car

Wire

Niagara
Noranda

7%

Flour

Mills

preferred

Ontario

—

River

Powell
Power

Price

4%

Co Ltd

&

preferred

Provincial

Quebec

'

_

_

8%

Jan

9

Feb

Jan

12

May

22

22%

985

19%

Jan

23% Mar

Maxwell

22%

23%

1,025

22

Jan

24%

Apr

McColl-Frontenac

69%

70%

1,145

66%

Jan

71

Feb

Melchers

21

21%

1,704

19% Mar

22

Jan

al67

al67

5

175

52%

150

52%

Apr

165

38%

May
Jan

46%

46

56%

56%

57

1,410

42%

20

19%

20%

2,003

15%

82

82

83%

2,322

63%

Jan

160

45

Feb

43

52%

Jun

47%

Jan

Jan

57

Jun

Jan

21%

30

99

Jan

15%

3,190

12

Mar

14%

Apr
84% May

101

•

622

16

Jan

20

Lawrence
1st

Corp

•

common

20

15

20

May

23

Jan

14%

11,835

15%

Apr

19

8.80

Feb

preferred

_

1

.

20

20

245

12%

Jan

43%

49

preferred

44

725

27

Jan

17%

18

18

*

3,590

St

Lawrence

Flour

Mills

16%

16%

16%

50

St

Lawrence

Paper

1st preferred..—99
1
—1

99%

98%

99%

513

•

25%

2nd

preferred

common.

Shawlnigan Water & Power com
Series A
Series

4%%
Ltd

Sheraton

class

preferred

Sicks

Common

5%

-

Canada

Standard

Steel

647

9%i Mar

22%

22%

25

22

Jan

24

al41

al41

5

140

May

152

21%

22

1,682

20

Jan

47

21%

205

17% al7%

10

18

a99% a99%

25

98%

98%

37

21%

21%

50

20%

21%
a

22%
9%

22%

175

9%

9%

1,380

19%!

Feb

48%

/16%
22%i

Jan

Mica

Jan

Apr

Jan

22

Apr

Apr

19

Feb

98% May
98% Apr

100

Jan

100%

Jan

22%i

Apr

19

8%

Jan
Jan

23

Apr

Jan

10%

Apr

*

22%

22%

22%

1,385

5

24%

24

24%

500

20% Mar

22% May
24% Jun

19%

19%

20

860

14

20

*

3%

8%

8%

2,220

Corp

33

Bisciut

Weston

(George)

& Worts

45%

common-.
37%

Winnipeg Electric common
5%
6%

Limited

preferred

new

common—

—

2

75

45%

2,065

Distilleries

20

6%

Mar

Feb
Jan

8%

May
Jun

Paper

of

4%
Ltd

27

25

37

37%

Royal

6%

May

33

Pr

&

Jan
Jan

14

Feb

32% May

15%

16%

14,480

15

Jan

16%

43

44

200

35%

Jan

44

May

25

100

10%

10%

50

75

75

142

10%

90c

1.00

2,800

22

21%

22%

3,830

81

79%

81

60

11

11%

250

11

11

11%

11%

700

a20% a20%

20

114% 114%

5

May
Jan
May

Canada

Power

Twin City
Union

of

Woods

Canada

a40

Lead

i.neon

Arno

Feb
May

12%

Apr

18

Jan

19%

Feb

11

May

12% Mar
Mar

116

30

Jan

116

19,660

41c

Feb

54 %c May

3,100

20c

Jan

12%

199

10

Feb

13% Mar

17

17%

75

14%

Jan

19% Mar

40c

Apr

al5

al5

al5

70

14 % Mar

17%

Jan

27%

27%

27%

50

25

30

Jan

Metals

Ascot

Athona

Apr

Barnat
Base

Gold

Ltd

Mines

Ltd

Belle

Bonville

Jan

1.31

1.34

3,100

50c

12c

1,000

12c

May

5C

6c

2,000

4c

Jan

-1

1.34

Jan

30

7c

1.70

100

37c

4,500

30c

Mar

45c

May

8c

6,700

3c

Feb

8c

May
May

1.20

1.87

Apr

May

7c

Feb

Apr

42c

44c

105,700

42c

May

44c

5 %c

42c

6c

17,500

4C

Jan

7c

Jan

2c

Jan

25c

May

15c

Jan

22c

May

1

20%c

20c

23c

102.000

1

19c

18c

19c

3,000

5%c

5%c

1,500

6c

6%c

14,000

ftc

Mav

14c

Jan

1

2c

2c

2,000

2c

Feb

5c

May

——*

23C

23c

1,000

15c

Mar

26c

May

7%c

32,500

7c

Feb

11c

4'Ac

16,500

2%c

Jan

4%c May

11c

10,000

5%c

Feb

l^c

Apr

10c

May

-1

1

Ltd—

Gold

Canadian

May

35c

i

M

15 %c

1.70

Ltd—

Diamond

May

1.35 May

Mar

12c

5c

1

Mines Ltd

Jan

Buffalo

2c

1

Mines
&

2,000

2.79 May

•

Mines Ltd——

Gold

5c

2.60

1

Bouscadillac Gold
Gold

4%c

6c

Apr
Jan

Mines Ltd

Gold

Gold

5c
43c

Mines

Chibougam

1.70 May

Mar

500

277,100

Ltd—1

—,

Metals Mining Corp Ltd
Red Lake Gold Mines

Beatrice

Bob's Lake

75c

6c
2.65

1

Ltd—

(1937)

Mines

1,000

6c
2.60

1

,—1—

Corp

Mines

Band-Ore

1.60

1.60

*

—.

27

40

113

Jan

9 %

•

Ltd

Mines

24%

Mar

7%

Jan

108% Mar

1

Mines

20% May
26% May

39

17%

Yellowknife Gold Mines Ltd_l

Akaitcho

e,

Jan

25

Feb
Apr

*

Alta Mines Ltd

20

29

12

May

Mining Stocks—

195

41 %

5%

May

5

Candego Mines Ltd

Jan

21

12%

*
•

Breweries

Centremaque

Jan

12

114% May

30c

25c

*

Manufacturing Co Ltd

Cartier-Malartic

27%

a40

Ltd

(Can)
Ltd—

Canada

11% May

111% Mar
7

Jun

54c 54 %c

116

100

pfd
Ltd

Co

Rapid Transit

Gas

Western

6%

Investment

Feb

39

Jan

113

Southern

Jan

756

May

9

210

29%

242

10

20% May

250

Feb

29

81

11%

27%

41%

22% May

Feb

19%

Transvisicn-Television

Jan

Jan

11%

Southmount

1.05

17%

19%

Apr

28

Jan

May

75

19%

17

40%

85c

*

101

29

11% Mar
75

•

—

Feb

Feb
Jan

Sangamo

Ltd

Jan
Mar

10%

Russell Industries Ltd

Co

Feb
Jun
May

50

10

Apr

41%

5

25

Jan

.10

250

100

6

cum

7

Jan

11%

Jan

.10

150

86c
30

6% Mar

all3

13

760

8

8

*

18%

Jun

Apr
Mar

4.50 Mar

97

5%

99%

3,026

500

a97

4.50

11%

33%

30

6%

6%
a97
4.50

16%
55c
27.

all2

20

26%

675

11%

1,791

26

%

6%

•

28

10

14,686

30

*

Corp of Can 6%

Feb

42%

95

86c

1st pfd_100
*

Power

24

850

17

80c

*

Orange Crush Ltd

Brazil

May

16%
29 %

*

preferred

Bouzan

29%

.10

17

Ltd

Nuclear Enterprises Ltd

Feb

Rove*




Apr

-10% Mar

11

100

Lt

Apr

30

—

10

For footnotes see page 47.

Jun

May

31%

common

Rice Mills

Scotia

15%

26%

20%

10
—————^————10

4.25
31

75

*

Royal Metal Co Ltd

Nova

46%

15%

15%

33

Nova Scotia

Toronto

5 %

18

Jan

25

*

Mount

Feb

20%

.10

"

;

Jan

Mar

14

5

Ltd

Jan

20%

—

———

3.50
26

32%

10

Paper Co

Mount

Corp..

Mines

6c

5%c May

4C" Feb

*

Apr

Cheskirk

Montreal

175

*

common

Ltd

Ontario

&

Corporation

Century
Canadienne

17

150

100

pfd

Ltd

Co

Canada

14

Banks—

Commerce

400

233
<

46%-May

Jan

—

—10

36%

a28% a28%

15%

*

—25

'

15

45

a99 % a99 %

100

preferred

Zellers

33

15

——

Gooderham

Walker

27

Cotton

Wabasso

*

42

16

—*

Oil

Bordulac Mines Ltd
Viau

300

14

pfd—20

conv

preferred

Moore

Mar

—*

common

Jun

32%

85c

6%%

Ltd

Mersey

May

*

Preferred

Steel

Jan

22

•

Thrift Stores Ltd
United

25%

16%

—

of Canada

Co

58% May

Feb

16

it

Power

Jan

23%

53% May

100

Chemical common

50%

2,632

51% Mar

—

Canada

Southern

182

25%

95

__

Co

58%

590

*

preferred

4%%

Southam

Jan

53

•

preferred

Simpson

May

16

•

& Sons common..

18
21

99% May

47%

100

c

Jan

53

•

com

Mar

25

—

20

_

Jan

14

47%

—50

A

14

84%

21% May
44% May

58

50

.

common

t

v

(H)

Simon

of

—

Breweries

—

prefererd

Williams

Sherwin

7%

preferred

4%

B

9
14
__

Paper Co>

Quebec Telephone Corp A

2nd

•

A

common—*

May

a20

14

18

14

.—

St

9

9

Rights
Massey-Harris

Mar

15% May

a20

19

25

.

46%

100 % 100%

15%

•

Power

Regent Knitting $1.60 preferredRoyalite Oil Ltd

42% May

Jan

Feb

52

21

*

18

31

—

*
Teleg & Tel Co common—10

10%

100

__

1.10 May

24%

4,465

4.00

30

Maritime

&

150

•

Transport

18

3.75

Feb

Power

150

•

common

18

3.75

A—*

MacLaren

23

•

Co

Corp of Canada
Bros

class

22-

46%'

*

class

Ltd

46

*

Ltd—

Corp

Ltd

Jan

22

*

May

—

•

Minnesota

Page-Hersey Tubes

22

(Walter M)„

Ltd

69%

*

Jan

14 % May

Lowney Co

12

.-100

__

Products

Steel

92

Apr

41

•

common

Jun

*

6%

Ogilvie

Co

Ltd

(Can)

8%

•

•

Jan

88

*

Foundation

41

—

5

20

Loblaw Groceterias Co Ltd class A

8%

_

Ltd-

70

8

f

Paper

11%

«

Corp

Weaving

Mines

5,650

6,199

_

Securities

12

5

—

1.15

42%

Ltd com

Co

Industries

8%

Drug & Chemical common__5

Preferred

red

preferred

13 %

-100

Jan

1.10

21

Lakes

Class

1,411

May

1.75

Jan

40%

21%

Great

10,652

Locomotive

Montreal Telegraph
Montreal Tramways—

6.00

1.10

88

14

•

"*37% May

41%

8

29%

B

1.85 May

Apr

•

88

13%

A

Jan

33

A—*

class

8

•

Ltd

Breweries

50

Jun

1.40

425

88

6%

3.95

1,695

1.85

37%

pfd—100

Sec

Hydro-Electric
Molson

4.25

37%

Goodyear Tire & Rubber of Can Ltd—*

13%

•

„.

Jan

Jun

26%

•

3.95
1.85

i_l

l&Va

2,732;

8

29

Oil

4.00

5

Fanny Farmer Candy Shop Inc

Lindsay (C W) common.
6%%
preferred
MacMillan Export class A

20%

•

.—i

Jun
Jun

May
Jan

Mines

Central

Mining

Mines

Donalda

Ltd

Co

Ltd

1

*

11c *

7c

4c
10c

Jan

'

—1

7c

7C

1,000

3c

Feb

7c

8%C

13,000

5c

Mar

7c

8%c May

May

9%c

32,200

4c

Feb

6c

6c

1,000

5c

Mar

8c

19c

19c

1,500

18c

Jan

25c

Jan

•

Cadillac

17%

17%

170

20 %

Jan

1

68c

70c

1,000

70c

May

Mines_l

1
1

_

Ltd

Ltd—

Mines

7c
4%c

*

—1

Ltd

Explorations Ltd

Cournor
Dome

Mines

Mines Ltd

Mining Corp Ltd—.

Consolidated
Cortez

1

Gold

Gold

—

7c

—

17

53 c

Mar

Feb

10c

Jan

43

Financial Chronicle

The Commercial and

.

.

.

Monday, June 5, 1950

(2336)

RANGE

Week'#

Last

Range
of Prices

Shares

Sale Price

Low

The

issue

above

for

changed
Mines
for

East

Ltd

Sullivan

Gold

Sol

Fontana

Goldora

Mines

Rock

Hard

Lake

Jack

Jan

Athona

Mines

Atlantic

nr.

9c

7c

6c

Af

6c

Lingslde

Gold

Jun

78,900

May

Cons

6Vic

20,500

7c

5,000

oc

56c

11,000

45c

Jun

Aubelle

Apr

8c

Leo

Jun

56c

May

New

Alger

New

Calumet

New

Mines

Feb
Feb

7c

ll'/a May

Bagamac

18C

2,033

10c

Jeb

18c

May

7%c

7Vic

40,900

2c

Jan

14c

May

Bank

of

Montreal

49«

54c

108,046

21c

Jan

60c

May

Bank

of

50c

Nova

70c

70c

70c

1,700

56Vic Mar

82c

Jan

Bank

of

Toronto

25c 36 Vic

25c

146,800

4.75

4.75

100

67%C

87c

155,600

25c

36 Vic May

Jun

Jan

5.25

4.00 Mar

May

87c

Jun

67%c

Barnat

Mine#

Barymln

Goldvue

Mines

Co

New Thurbois

Norlartic

Gold

200

13c

Jan

4c

May
Jan

12

May

14

Jan

7 Vic May

Class

30c

Mar

55c

52c

55c

lo,600

45c

Jan

86c

May

Berens

5

62

61%

62

125

61

Apr

66%

__

12

12%

600

1

75C

75c

75c

1,300

14c

14c

1,000

1.60

1.60

1.60

1,500

95c

Mar

40c

45c

6,100

32c

Jan

50c

27C

30c

6,000

26c

May

37Vic

Apr

18c

»

1
—1
1

—

1

21c

1,000

68c

68c

76C

10,850

3.20

3.15

3.20

4,000

1.10

2.00

400

13c

16C

146,500

21C

1

1
•

.___1

Ltd

16c

—1

——

Ltd

Mines

Gold

3.00

1

3.10

1,600

1

6c

6Vic

5,500

Ltd—.1

22c

25c

4,500

Quebec Yeilowknife Gold Mines Ltd__l
1
Queenston Gold Mines Ltd—

10c

12c

71,500

Pitt

Gold

Quebec

Mining Co Ltd

Labrador

Devel

Co

Gold

Crest

Mines

12

Feb

13 Va

Jan

65c

Jan

Jan

85c

Mar

16 Vic May

ll%c May

1.70 May

May

May

21c

Jun

52c

Apr

76c

Jun

2.50

Mar

3.25 May

Regcourt Gold

Mines

Ltd..

Rocnette

Mines

Co

Gold

.

Class

Bldgood

Feb

8c

May

28c

Ltd

19c

1.68

1.63

4,000

1.02

Feb

6c

2,500

3c

Jan

6 Vic May

9%c

6,500

7c

Jan

9c

9c

9c

500

7c

Jan

8c

1

7%c

8c

6,000

Bhawkey

Mines

._

_

1

...

Sherritt-Gordon Mines Ltd

34c

34c

2,500

2.10

2.32

l4,7U0

■

^^

2.30

_

Miller

Siscoe

Mines

2 Vic

Jan

Soma-Duvernay
Standard

Steep

Gold

Rock

Sullivan

Gold

Mines

tttadacona

Mines

Iron

Cons

Surf Inlet

Tiblemont

Mines

2.62

Jan

1.92

Goldfields

Mines

Jan

6c

3%c

6c

4,000

3%c

Jun

50c

50c

52c

6,815

51c
6c

62c

Jan

Jan

16c

16c

41,500

3.40

1.400

2.40 Mar

2.85

2.32

2.85

2.90

3,700

12c

12c

1,000

1.51

600

Feb

5c

6c

1.23

1.25

2,300

7c

8c

25,500

6c

60c

59c

63c

37,600

50c

1

21 %c

21 %c

24c

67,200

2c

Feb

5c

3%c

6c

102,000

2c

Feb

—

28,500

25c

29c

1

49c

49c

54c

24,550

1

Products

7%c

5%c

9c

410,000

273/4c

1

,

7,600

4c

6c

Apr

Western Ashley Minerals Ltd—
Westvllle Mines Ltd

Apr
Apr
Apr

1.55

Mar

1

-

3.25
15c

Mar

7c

1

Vinray Malartic Mines Ltd...

3.45 May

1.02 Mar

7%c

—

Dominion

Calgary

&

Oil

Edmonton

Corp.

1,850
2,000

8.55

Ltd

8.40.

8.70

5,400

60c

.1

Petroleums

5.15

35c 36 %c

_*

Ltd.—

Corp

Calmont Oils Ltd..
Calvan

5.05

5.15

Dev

&

60c

60c

1,900

4.25

—

4.75

500

Commonwealth Petroleums Ltd

Consolidated

Homestead

Jan

1.02

May

1.40 May

Apr

14 Vic

Continental
Federated

Oil

...

-L

*

Jan

29 Vic May

Jun

6c

31 Vic May

24 %c May

'

Mar

57c

May

3%c Mar

9c

Jun

13c

3.85

5.30

Feb

23c

6.95 Mar

8.80

Feb

49c

Apr

36 %c May

Jan

62c

1.76

1.65

1.78

49,645

1.1b

Jan

...

1.55

2,100

1.17

1.60

400

1.33

6c

8c

581,750

4c

.

~

Jun

May

1.88

Apr

64c

3,300

54c

Jan

70c

Apr

33c

39c

60,900

20c

Mar

45c

May

29%

29%

30

585

30

May

8

350

7%

7%
11%

12

1,425

41

42 %

10,957

5.75

5.75

5.75

900

—1

33c

33c 33 %c

1,000

17

17%

140

6%

6%

6%

113,750

British

American

Jun

8.50

27 %c

Jan

17%

16% Mar

Apr

7%

6% May
24c

Jan

44c

Apr

Apr

57c

Feb

May
Mar

6c

13,100

Jan

6c

7

70

6%

Jan

7

25

12%

Jan

14% May

14C

9,600

12c

Jan

16c

39c

Jan

64c

2c

Jan

25c

May

23c

May

25C

Jan

5 iC

59c

3,100

1

20c

19c

25c

473,100

18c

17c

19c

8,000

1

Brewis

Jan

5.75 May

14

16c

16c

17 %C

109,333

*

8.25

8.25

8.35

1,835

15

15

40

23%

15,949

*

& Pwr com_*

23%

22%

_1

Traction Light
Red Lake

May

42%

Feb

39%

13c

1

..

8
14

Feb

6%

11% May

7

14

*

Cordage class A

Jan

24%

14

5%c

5%c

*

__

50

57c

44c

44c

1

Preferred

Oil

15c

14%c

16c

183,950

*

26

25%

26%

4,681

26%

26%

6.05

common

4c

10 %c Mar
12c

Mar

8.15 May

14%
19%

Jun

Apr

Apr

Jan

10

Apr
Jan

15% Mar
23%

Apr

4%

__

Columbia

Forest

Packers

B

Products

90%

90%

91

55

89

May

102

101%

102

190

99%

Feb

3.90

3.75

4.00

14,445

2.75

Jan

11%

11%

11

Mar

12

Apr

31%

29%

32

2,135

27%

Jan

32

Jun

4.10

4.90

12.549

2%

Jan

38c

34c

38c

250,000

21c

19,650

50c

340

OH

*

1

66c

66c

68c

Bruck Mills class B.

*

6%

6%

6%

80

1

16% c

15c

17c

87,900

1.80

1.88

6,530

21c

29c

248,700

Gold

tfufladison

1

1.80

Buffalo Canadian

•

27 %C

Buffalo

1

8c

7c

10c

34,300

•
♦

34%

34%

35%

50

•

16%

Ankerlte

Bulla in

Red

Products

Building
Bunker

Lake
...

Hill

Burlington Steel
Co

&

class

60c

31% May

425

17

Feb

21

Miy

7

Apr

8

Jan

7c

Jan

16c

300

4,000

Petroleums

Ltd

Campbell Red Lake

_

8.35

8.70

16,940

7c

7%c

26,000

5c

Jan

62c

56c

62 c

34,700

42c

Mar

5.35

4.25

5.35

45,500

5.35

Jun

1

2.55

2.52

2.55

640

2.50 Mar

3.25

Jan

2.40

2.40

210

2.35 May

2%

Jan

May

82c

S

Wire

62

May

37^4

1,001

34

Jan

38%

Jan

29%

635

29

Jan

30

Jan

6

30

5% Mar

7

Jan

52

210

47

52

Jan

10%

10%

288

10% May
33% May

Jan

12 %

Jan

37

Jan

35%

37

565

24%

25%

1,255

19

230

227

230

26

197

41

37%

41

570

33%

Jan

41%

Apr

35

35

35

75

30%

Jan

35%

Apr

26 Vi

25%

26%

1,990

25

Jan

26% May

•

•

Canada

Jan

A

25%

100

B

Canada

Jan

class

Apr

May

51%

51%

•
__*

_

9c

6

——

*
Power.

4.20 May

8.90

37

.20

Mailing

6.80 Mar

29%

•

common

Preferred
Canada Machinery

Jun

Apr

8.65

7%c

*

common

Packers

Apr

1

_

Canada

6c > May

•

Calmont Oils

Apr

■

•

Flon

Northern

3%c Mar

_•

Edmonton

Canada

May

17%

13c

Canada

36

Feb

7%

Apr

11 %c May

Jan

Jan

9c

Cement

4%c Mar
30%

Jun

29c

14 %

7%

Bread

Jan

26

7%

Calvan

Apr

8c

70

1

Canada

2.23

385

•

Flin

Jan

1.80 May

4,000

class A

&

Mar

19 %C

5%c

Calder Bousquet

Calgary

May

8

Apr
Mar

9c

16%
21

Calllnan

70c

Jan

6%

May

31%

20%

Burrard

38c

Jan

16

5%c

21

B

May

2.25

Jun

4.90

31%

5%c

.♦

A

•

Class

8c

3.300

Apr

*

A

Broulan Porcupine

1.58 May

5,500

Feb
Jan

4.00

4.85

Dominion

1.60

82c

11

Jail

91%
102

•

class

class A

_

Jan

5.25

,25% Mar

26%

*

_

Jun

Jan

27 V2

Jan

100

pid

16C

27%

Mar

2S

Elec

preferred

Class

3c

25%

100

■_

Columbia

4%%

Feb

62c
■

Jun

30 Va

60c

•

11%

_

Feb

5.00

82c

__

Petroleums Ltd

.

37c

42%

i

May

5.10

4.25 May

1.55

—

7c

.

11 %C May

Feb

41 %

Jan

7lc

1.60

1.55
...

Oil

Jan

41

Mines

Class

Central Leduc Oils Ltd.......

6c

27%

Jan

1

Canada

British

27 %c Mar

Jan

Oil Stocks-

Anglo-Canadian Oil Co Ltd

Feb

38%

1

Brazilian

Burns

-1

Apr

18c

38%

Jun

14c

3.40

1.51

Jun

May

1.06 May

Mar

16c

1

_

56c

May

3.40

—

Mar

May

Apr

7c

1

Ltd

Ltd

Mineral

Mar

69c

—-

7

165

•

Gold

British

1.02

Feb

31c

1

United Asbestos Corp Ltd
Vilbona Gold Mines Ltd
Wendell

57c

2,500

10,900

1

Torbrit Silver Mines Ltd

Trebor

12,500

43c

_

7,300

Jan

470

common

Columbia

1.00

_.50c

Ltd

23c

*

...

Columbia Power

1

Mines..

Gold

100

21 %c

22c

5%

2,700

6%

3.80

41

Gold

British

97c

Ltd

Mines

Cons

Sylvanite

Mar

Feb

41%

...

common

British

92c

1'

3.40

6%

•

May

42c

I

...

13c
66c

3.10

41

Bordulac

Jan

14c

Apr

97c

Ltd

3.25

3.25

...I

28c

1

Ltd

Mines.

12c

40

.

Jan

42c

Ltd.

Jan
Jan

4%c

22,500

41

A

Jan

1.00

Ltd

class

14c

•

Mines

(1944)

14,300

32c

_•

—

_

14c

1

1.02

11c

27c

41 %

A

42c

1

.

Ltd

8%c

30c

May

•

6%c Mar

1

Ltd__.i_»w-

Gold Mines Ltd

Sladen-Malartic Mines

10c

Apr

30c

X

Gold

Bonville

Jan

10c

lo

Bobjo Mines

British
Silver

3,000

9% Mar

May

4c

8c

__50c

Santiago Mines Ltd

24c 25 %c

1

Boy mar

15Vic Mar

Jan

24 %c

Apr

2.05

Jan

7%

_25

Hats

Bralorne

3.10 May

Feb

1.87

1.28

1,045

.

Klrkland

Jun

53,350

9

610

__

class

Ribbon Corp

Apr

2.05

8%

*

Gold

Biltmore

Bonetal

1.90

8%

May

120,500

B

Bevcourt

Blue

1.97

16

17% c

11c

Mining

Sons

&

2.32

Apr

53/4C

1.68

1

...

Feb

30 Va

Quebec

Bertram

16c

1.80 Mar
10c

May
1.84 May

*

Ltd.—

Jan

7%c

-10

___

River

British
Red

13%

17,000

9c

Beh

Brantford

Pickle Crow

310

12c

29%

__

Belleterre

Ltd

Corp

Mines

Gold Mines Ltd

1.35

15%

11c

—

9c

_

B

Feb

...

98,150

l^S

14%

1.31

3oy«

Beatty Bros
Telephone

I2V2C

Mines Ltd
Ltd!
——:

Mining

O'Brien

Omega

14,000

13

5%c

10c

2,000

Mines

Normetal

11c

12%

.

63,900

_

May

1.37 May

1

Ltd

Power

2oc

Ltd

19c

22c

10

_____

Ltd

Metals

Base

lie

Newfoundland Norseman Mines.i

Jun

Jan
Mar

,._i

Scotia

Mines

23c

—

40C

9c

50c

_*

_

Bankfield Consolidated

5Vic

10

3%c

...

common

920

...

Ltd.

Jan

39,500

1

Electric

Auto

1

Ltd.

Mines

89,300

19c

1

Gold

Aunor

9 Vic May

1

Ltd

40c

lSc-

1

1

Mines Ltd

35c

15c

7y*

1

_

Mines

3%c

Ltd

Jun

39c

14

Aumaque

6 Vic

3Vic Jan

Vic

A

Yeilowknife

Atlas

5 %c

Ltd

Dredging

8-/4 Mar

7%

*

1,000

«

1

Mining Corp oi Canada Ltd_^
Nechi

23 %c May

Jan

8

•

9'/2C

83 %c

Macdonald Mines Lid

Mclntyre-Porcupine

Mar

..

„

lbc

—

Mines.

Mines

14c

745

Steels

AM ft*

10%

—

Goiddeids

3,200

8

60c

19 %c

...t

10 %

-—1

L^d.

6c
2uc

12%

Louvlcourt

13c 19 %c

(1937)

9'/2C

1
—v*-1
Exploration.—_1

Gold

Fortune

Jan

1
class

Hardware

Aahdown

Bathurst
Lake

12c

•

10'/«

Ltd

&

Jan
Feo

50c

1

Mines

Gold

2 Vic
3V2C

6c

4

1

—,——

76,000

9 Vic 10 Vic

5%c

1

Ltd

Mining
Mining

12,500

luc

1

Mines

Dulama

9c

r«o

5

.

798,700

May

Ltd

Joliet-Quebec
Labrador

Jan

22c

—1

Mines

Ltd

Kayrand

47c

May

Mine^i Ltd—

Jaculet Mines

La

Feb

19c

1

Led

Mines

28c

1,000

9 Vic

.

Gold

Hudson-Rand

11.500

19c

—1

——

Cons Gold

Hollinger

7.400

35c

19c

1

Mines.—JL

Mines

29,600

60c

Metals Corp

6.95

32c

1

;

Ltd

Gold

Goid

Heva

Ltd

6%c

1

1

Ltd—

High
8%c May

6c

42c

1

6.80

0.80

1

Ltd

Low

3%C Mar

6c
60c

Gold

Ascot

Range Sine* January 1

High

1

1

(1945»

Mines

8.00 May

Feb

Shares

Low

*

Mines

Arjon

4.45

fur Week

—1

Res

Porcupine

Armistice

Formaque Gold Mines Ltd
Goldbeam

Consolidated

Apex

Aquarius

Argus Corp common

Ltd

Mines

May

55c

Jari

Old)

ox

Mines

Mines

16c

Area

Pen-Rey Mines Ltd—.

El

202,500

Range

of Prices

For

High

Low

ex¬

Mines Ltd

Eidona Gold
El

(one

shares

two

being

is

48c

Last

Bale Price

1

Baage Since January

Sales

Week's

Friday

Dulama Gold
share of new

La

ENDED JUNE 2

STOCKS

High

42c

---*

Mines Ltd

Gold

WEEK

for Week

Par

Dulama

FOR

Sales

Friday

'

STOCKS

MARKETS

LISTED

CANADIAN

50
*

10

Jan

25% May

'

Canada

Permanent

Mortgage

S Lines preferred

Cable

&

class

,

B

Jan

230

Jun

Jun

5.25

Jun

1.88

Feb

Canadian

Bank

of

Commerce

Canadian

Gaspe Oil Ventures Ltd
General

Petroleums

Class

Pacalta

Co

Oils

1.05 Mar

1.70

2.00

6,300

15%

15%

4,322

1.01

2.10 May

Breweries

*

22

22

22%

4,393

21 % Mar

23 V*

Jan

Canadian

Canners

*

19%

18%

19%

1,990

17%

Apr

20%

Jan

•

19 %

19%

19%

595

18%

Apr

20%

—*

11%

11

11%

445

11

May

13

Mar

20

14-%

14%

14%

730

14

Apr

15

May

39 %

.25

39%

Convertible

Feb

2.00 May

Canadian

Feb

10%

16% May

Class

30,500

Mar

11c

May

.7.111

Car

Canadian

9c

305,500

3%c Mar

9c

May

6.00

5.70

6.00

Canadian

2.800

4.20 Mar

6.15

Apr

50c

Petroleums

lie

7 Vic

44c

54c

162,300

28c

25c

37c

13,000

'•

Ltd.

common

___

:

...

1.16

1.16

4,500

132,450

18c

Jan

54c

Feb

37c

May

9 Vic Mar

41c

14 Vic May

Feb

29

Feb

39%

95

37

Feb

40

24%

25

115

24%

Jan

27%

•

5

5

50

11%

Canadian Food Products

common

12%

190

li

Feb

12% May

72

72

20

67

Jan

75 % May

250

100

Preferred
Canadian

Electric

General

_.

39

50

255

255

255

8

*

10%

10%

10%

825

26%

4.65 Mar

Jan

6

280

Mar

Apr
Jan

Mar

1.16 May

Canadian

Industrial Alcohol vot—

Canadian

Oiis

Cos

5%

Exchange

common

preferred

Canadian

——

Pacific

Jan

22% Mar

•

preferred

4%

8%

Railway

28

28

265

;—•

Canadian Locomotive
Canadian Malartic

Toronto Stock

40% May

360

39 %

39%

vuxumou

Dredge

May

10Vic

Jan

25

C'eianesc

Preferred

13c 14 Vic

Ltd

8c

common

preferred

A

8c

—

...I. .....I

Petroleum.;

Brazeau

Superior

1.22

5,510

1.85

_*

Pan Western Oils Ltd

South

2,700

2.10

7 Vic,

Lid.____.__.

Omnttrans Exploration Ltd
Pacific Petroleums Ltd

Picacadilly

1.58

1.80

15%

•
...

...

Oils

1.45

1.90

common..
•

Home Oil Co Ltd
New

1.58

-1

Ltd

A

90c

90c

95c

13,750

*

16%

16%

16%

1,420

15 %

Jan

102

102

5

101%

Feb

87

87

10

-100
100

25

,

-

Jan

60c

84

Apr

12%
30

18 %

Apr

104

May

87

May

19

Apr

18

18%

4,311

16% Mar

1.21

18 Va

Apr
May

1.03 May

1,21

500

1.15 May

1.45

Canadian Funds

Friday

Week's

Sales

Last

STOCKS

Range

for Week

Bale Price
Par
Abitlbl

Power

&

■

Paper

$1.50 preferred
Acadia-Atlantic

...

common..

class

•

"20

...

»

A

Cariboo

of Prices

tow

Shares

Range Since January 1
Low

High

High

Leduc

;

Oil

Central Patricia Gold Mines—-—

Central

32 Vi

33%

8.275

21 %

Jan

333/4 May

24%

5,565

22%

Jan

24 5/8 May

Chartered

25%

25%

25

Vi

365

40c

45c

2,000

10% c

9c

11c

8 Vi

8 Vi

8%

1.55

1.46

1.63

17,625

70c

Jan

10c

6c

12c

24,900

4c

May

25Vi

Apr

Mar

55c

Jan

Chemical

38,000

4%c Jan

/11c

8Vi Mar

Jan

2.60

114,700

1.00

Feb

1.62. Jun

1

90c

82c

1.02

84,675

"Joe

May

17 c

15c

Jan

2IV4C Mar

6c

Jan

14 %c

18c

8,300

10c

12c

7,500

33

33

25

*

233/4
35c

Apr

8

8

25

50c

Wines

84c

95c

27,200

7c

9c

82,700

10c

29

Jan

1.08

33

Jan

8%

72c

Jan

1.37

4%c

Jan

7%

Jan

Apr
Jun

Feb

Jun

310

2.20

1.62

1

Trust

Chateau-Gai

Fen

6,100

1.35

1

Centremaque Gold

24%

Feb

2.55

1.61

1

20

Porcupine

32 Vi

'

2.50

•

Castle-Trethewey
Central

24 Vi

III

Acadia-Uranium

1

Gold

Research

Feb

"

Acme

Gas & Oil

0

*

Agnew-Surpass

.

Akaitcho Yellow Knife

—1

Rights expire June 26....

9

Mar

1.75 May

12c

May

Chesterville

Pacific

Cons

1

Bar

common

1.01

1.00

1.03

23,110

l.uO

Apr

1

Knitting

8%c

1

Mines

Chimo Gold

Circle
Alberta

1

Chesklrk Mines

34c

29 %c

35c

36,200

11 %c

Feb

7%

7%

40

*

54c

51c

56c

23 551

6c

107,000

Algoma Steel

•

16%

16%

16%

2,515

133/4

Jan

17%

*

70c

70c

79c

62.968

Aluminium

•

65

62%

65

1,275

523/4

Feb

67

May

Cochenour Willans

1

2.10

2.05

2.15

6,700

pfd—25

26%

26%

263/4

265

26

Jan

27

Mar

Cochrane

*

10

10%

90

1

30c

27c

49c

167,971

49c

May

65c

Jan

Aluminum

Ltd
Co

Amalgamated
American

of

Canada

4%

Larder

Anglo

56c

15Vic Mar

May
Apr

Citralam
Coastal

1

Malartic

Oils

Dunlop common

4%c

4%c

Jan

36 %c Mar
2.01

9

Jan

35c

Jun

9

Mar

6%c May
79c

Feb

2.35

Jan

11

May
Apr

May

I

57c

57c

500

52c

Mar

•

16%

16%

17%

4.940

15% Mar

17% May

9c

9c

13c

17,500

7c

Feb

1

17%c

1734c

19c

4,000

15c

21c

Apr

•

2.70

2.55

2.73

109,625

44c

Jan

2.86 May.

Colomac Yeilowknife

1

be

6c

7c

5.300

3%c

Feb

7c

May

•

5.20

5.00

5.25

23,525

Feb

5.35

Apr

Commonwealth

•

1.50

1.60

2,725

1.15

Feb

11%

Apr

Conduits

32c

Feb

Coniagas

•

,

Canadian Oil

Anglo-Huronian

•

10%

10%

120

Anglo Rouyn Mines

1

25 %c

29c

*12,700

For footnotes

Mar

2%c

1.78

Jun

l

Nephellne

American Yeilowknife
Anaccn Lead

23c

7 % May

9c

see




page 47.

3.80

9.60

"'18c

14Vic May

Jan,

Feb'

'

Cockshutt Plow
Coin

Lake

Petroleum

National

Mines

1

5

7%

7%
1.43

-

Mar

7%

100

6 Va

Jan

1.45

300

1.39

Feb

1.60 May
8

1.50

Jan

Apr

Volume

Number 4913

171

The Commercial and Financial Chronicle

...

(2337)

CANADIAN
RANGE

LISTED

FOR

Week'*
Range

Shares

12 045

1.00

24c 27 %c

144,831

2

Range Since January 1

1.07

MARKETS
JUNE

for Week

of Prices

ENDED

Sales

Last

Sale Price

WEEK

Friday

'/■'
Coniaurum

Consolidated

*

Astoria

1.00

1

Ansley

Consolidated

Low

Par

Mines

27c

1.00

Low

1

14c

15c

8%

9

67'Ac

70c

1.15

28,024

Apr

16c

May

Feb

51c

Feb

74c

May

Heath

Feb

10c

May

9%

2

68c

Consolidated

Central

Cadillac

1

6%c

6'vie

6 Vic

1,000

4c

1

81c

80 %c

87c

10,167

60c

Jan

1.05

*

7c

53/4C

8C

68,975

4c

Mar

8c

57c

64c

29,610

55c

Feb

9c

9%c

3,500

103 104'/4

1,435

l

59c

65c

Jan

i

for Week
Shares

9%

Lake

Lebel

Consolidated

Mining

Oro

1

&

Consumers Gas

Bit

170

166

177

*

1.47

1.43

1.53

*

..

common

306

160%

26.674

16

:

May
Apr

9

14%

225

22 %c

24c

9,200

61c

61c

66c

•

100

49'A

Jan

May

177

May

12c

22c

132,500

D'Aragon Mines

1

22c

20 %c

25c

Davles

•

28c

28c

32c

•

21%

21%

22

225

_•

18c

17c 19'Ac

22,000

—,

—

—

1.64 May
16
Apr

9%

Jan

Apr

Feb

Davis

Leather

Decalta

Oils

Delnite
Del

A

Mines

Rio

Detta

class

Ltd

1
Ltd

Lake

1.75

1

96c

1

Producers

Red

12c

5%c

3%c Mar

Yellowknife
Distillers Seagrams

Apr

6c

Jan

11c

May

Hedley Mascot

1

3lc

31c

31c

I,000

22c

Feb

39c

Jan

Heva

1

9c 11 %c

44,800

6c

Feb

58c

Jan

i.79c

6c

Gold Mines

Highland-Bell

1

77c

Hlghridge Mining
Highwood Sarcee

•

7c

•

74% C

77c

5,500

6%c

7%c

43,500

13c

26,541

17 Vi

17%

&

10%

10%

17%
10 Vi

2,697

10

Feb

♦

15 y2

15%

15%

6,384

14

May

1

14 %c

c

15c

76,000

4c

Mar

15c

_1

8Vic

8c

9Vic

32,100

6c

Mar

15 Vic

Hollinger Consol

67c

May

Home

Oil

Homer

.

Yellowknife

Hosco

Gold

Mines

Smith Paper

Howard

Hoyle

Jun

Hudson Bay

10c

Jan

31c

Apr

17,400

24Vic

Apr

42c

Jan

24

Apr

Jan

21 %c

May

1.90

Apr

•

common

Mining

121/2

Hunts

Smeiung

a,

Huron

49
43c

867

46 %

47

2,775

2c

Jan

6c

Jun

6

Apr

9

Jan

628

7

Jun

9

Erie

&

Jan

100

common

124%

125

31

31%

27

26%

Bank

Oil

10

Jun

Imperial

Apr

Imperial Tobacco of Canada ordinary.B

27%

•

t

Dominion Magnesium

*

:

33%
—

,

Preferred

4%

Jan

27%

16%

Apr

20% Jan

Indian

27% May

Industrial

Apr

850

26

Mar

19

May

20'A
33%

Jun

7%

Feb

12 %

Apr

5

Jan

preferred
Lake

25

33%

2,835

8%

9

125

6%

25

26%

Inglis

Acceptance $1.60 pref

(John)

Inspiration

Mining

26 %

470

7

7,000

38%

60

13

734

40c

42c

8,300

46%

20

19%

19%

19%

1,290

19

38'A

37

38 %

1,695

33%

23

23

75

21

Jan

23

Jun

International Petroleum

11%

11%

11%

800

11

Mar

12

Jan

Jacknife

•

9

9

9'A

690

9

Donalda

May

1

66c

65c

72c

62,525

52c

Jan

42c 47%c

145,550

15 %c

Jan

Woollens

Mines

Dulama

Gold

Mines

Ltd

Effective May 31

changed
Mines
for

25

*

23.50

for

Ltd.

two

*

above issue

LaDulama
share

One

of

shares

new

35

25

43%

Feb

47

22%

May

May

International

Jan

38% May
32
Feb

Jan

22% May

11%
73c
57c

Mar

1

•

8c

16,800

5 Vic Mar

15 %c 17%c

44,000

10 %c Mar

7 Vic

East

Sullivan

Eastern

11,600

4c

9'Ac Jan

33,600

23c

Mar

2.48

14,550

2.05

Jan

6.85

6.80

6.95

28,355

4.40

Feb

3.90

3.80

4.05

3.80

Jun

49

49

1.70

1.65

1.85

18%

17%

20c

Feb

26c

2.28

•

1

Steel

7%c

23 %c

2.29

1

Mines

7c

24c

1

—

Mines

7'Ac

•

—^

Leduc

East Malartic

A

•

1,115

8 Vic

Investment

25

Rights expire June

*

13

Eddy Paper class A
Elder

20
—1

Gold

—1

Jaculet

Jan

15

Apr

18%

Jun

1,000

20c

Feb

27Vic

Apr

32

1,790

26

Feb

100

101%

Jan

20,639

29%
142%

Apr
Feb

8%

Jan

35%

149% 149%

11%

Mines
Gold

(1939)

49c

7,485

9%c
53c

87,600

20c

1

8%C

El

Sol

May

Brass

15%

Jan

68c

68,537

36 Vic

36c

99,925

28c

Feb

54,995

8c

Mar

Jan

50c

class

Kelvinator

63c

71c

76,000

55c

Mar

82c

Jan

26c

24c

35c

265,370

4c

Jan

35c

May

10c

10c lOVic

10,250

6c

Feb

.•

—

Gold

74

1

—

Kerr-Addison

67c

1

Mining

Jan

Jan

Kirkland

May
Jun

Jun

74c

May

47c

600

17,800

4 Vic Mar

9 Vic

18"%

3,312

17% Mar

20% Mar

17c 19%c

20%

190

66c

16,600

4.80

5.50

21,550

4.05 Mar

14%

15

1,405

14% May
32 Vi

37% May
11% Apr

Feb

20% Mar

22

34c

76c

Ltd

Mines

Lake

Famous

Nickel

Players

37

37

37%

700

10%

10'A

11

875

9

1.25

1.25

30

115

6'ac

7c

3,500

Fanny Farmer Candy Shops—

Townsite

1

95,150

10c

Mar

19%c

Jun

56c

1,700

50c

Feb

80c

Mar

1.27

18,945

13 %c

14c

19

19

19%

1

4.70

4.70

4.90

1

20c

14c

21c

537,706

*

87c

67c

88c

1

1.10

1.03

•

11c

Federal

Grain

common

1.25

100

Preferred

Federal Kirkland

1

—_

Fibre

Ladulama

5.35

34,850
220

2.05

Dufault

Jun

Lake

Jan

La Luz

8c

Apr
Apr

44

B

Foundation

Co

Fraser

lie

Gold

Francoeur
Cos

common

Rowan
Shore

•

Jun

,11%

Apr

Larder

25

500

40%

42%

4,638

24

Jan

42% May

44

475

30

Mar

Leitch

30%

65

29

Mar

44% May
32% Apr

13c

15,300

8%c

Jan

16c

May

Lencourt Gold

585

25%

Feb

31

May

Feb

Apr

lie

2.90

2.85

31

25

3.05

7,600

98

12% May
1.75 Jan

Jan

2.25

100%

Feb

"U"

Co

Lawson

Oils

Gatineau

Power

5%

Ltd

preferred

5% %

;—100
100

—

preferred

Jun

3.20 May

B

Lexindln Gold

Little

Steel

General

Wares

Preferred

95

10

2.20

224,117

May

2.20 May

Louvlcourt

19

19%

515

im

Feb

19 Vi

107% 109%

89

105%

Jan

110

May

30

110

Jun

111

Jan

1.80

99

May
Apr

London

Gold

2.60

650

2.00

Jan

3.00

2.10

34,300

3.05

Jan

2.10 May

MacDonald

1.65

2.08

24,900

1.00

Feb

2.08 May

Macfie

Red

Feb

1

8.90
10c

1

—

33

100

29%

Feb

35

13%

19

795

17%

Jan

20

Mar

McMillan

104

■

104

20

Apr

106

Mar

Class

104

May

9.00

6,359

7c

lie

42,000

5c

Apr

lie

3%c

3%c

11,000

2c

Feb

3%c May

8.75

Oil
Lake

•

Gold—

21c

58c

60C

34c

59C

1

Globe

35c

7,900

20c

23c

44,700

15,600

Mines

1

Goldcrest Gold

1

11c

10 %c

11c

6,500

Gold

1

11 %c

6 Vic

12c

73,02.0

10c

8 Vic
2.50

Goldale

Eagle

Golden

Mines

Goldhawk
Goldora

6.00 Mar

9.20

May
Jun

Export

57c

Mar

65c

15c

Feb

5c

Mar

May

43c

30%c Mar

12c

Jun

Graham

10c

May

Great Lakes
Class

A

Manitoba

2.44 Mar

6c

7c

29,500

3Vic Jan

3c

3%c

4,000

87

90

215

52%

10

10'A

70

Feb

Mclntyre

20c

29c

163,100

11c

May

29c

Jun

McKenzie

Red

17c

1,000

12c

Jan

18c

May

McLellan

21%

3,455

28c

—*

20%

•

Paper common

Coal

Great

West

Saddlery

—.—————

46

45%

46

255

.*
—*

24

21

24%

1,690

9%

9%

9%

70

13

5%c. Jan

2c

3.35

Jan

11 %c May
9c
Apr

Lead

Gulf

Mar

3%c

Apr

;

84% May
52% Mar

53%

9% May

10%

95

Massey-Harris

Gwillim

-

Lake

Gypsum

Lime

Brass

Apr

&

Preferred

—

Halcrow

—-———*
,
♦
1
—1

Swayze

Halliwell

Gold

Hallnor Mines

—

Hamilton Bridge
Hamilton
Hard

Cotton

Rock

Gold

—_—i—

Preferred

Mines

Fer footnotes see page 47.




Jan

7c

Apr

3c

May
Apr

5%c

i168,000
465

15%

20%

275

18

—

11

93c
1.17

1.15

1.20

11

8c

9c

2,000

" Jan

20% May

10%

150

93c,

Feb

11

Jan

93c

1.15

Apr

Feb

7c

17

Apr

74c

II,900
12,100

85c

7%c

7%c

8c

50c
32%

45c
32

50c
33

32

32'A

—

8%

22c

17c

3%c

: May

1.34

Jan

Jun

Feb

10c
•

May

10c

Feb

4%c Feb

1,500
3,600

•

Apr

62c

43c

Feb

May
30% Mar

160

34% May

30

L

1,082

16%

2.63

35

25c

16
32c

33

9

Mar

May

common,.

!

Jan

31c

15%

Jan

16%

66,700

37c

13'Ac

2.60

2.80

10,184

2.33

50c

55c

16,150

44c

7c

8c

16,000

5c

21c

19c

22c

3.20

3.20

11
10%

43c

Jan

Mar

Apr

May

3.25 Mar

Jan
Jan

85c

May

Jan

10c

May

511,300

10'Ac Mar

22c

May

3.65

69,840

2.11 Mar

10 %

11%

1,575

9%

Jan

10

10%

4.410

7%

Jan

2.81

2.80

2.93

14,500

46c
3.15

45c 47%c
3.10
3.35
3c 3%c
103 • 103

14,660
15,550

14,000
10

75

5'Ac

8%
5'Ac

27c

27c

8c
29

7c

8c

2,000

26%

29%

12,055

1
1

21% May

McMarmac

May
Feb

Lake

Red

6,500

30c

40,300

30

1,390

8%

8%

50

13%

13%
97%

14
99%

2,075

99%

28c
62'A

6,100

—

—

62'A
'

—

>

25c
60%
49 %c

80

2.76

31c
2.95

2c

4.10

Apr

11% May
10% Jun

Feb

3.20

Jan

60c

Jan

3.75

Apr

Jan

3 Vic

Apr

Apr
Feb

539

3%c

31c

Jan

30

Mar

8%

8% May
13%

Apr

10c

16%

Feb

97

Jan

60

May

8c
May
29% May

3 Vic Mar

21%

Jan

8%c Mar

Jan

13'Ac Mar

27

May

100
28c
67

May

60c

May
Apr
Jan
May
May
Jan

Jan

Jun

3%c

Jan

8c

Feb

14c

May

8c

Feb

14c

Jun

12c

14c

3,800

1.00

200

5c

6Vic

5'Ac

10%

49Vic

1.00

*

106

6,500

—

8%c

Mar

8% Mar

52,800

14c

—-—5

Exploration

9c

102

52c
10c
9%c

9%c
9%c

•

McWatters Gold

26

29"%

30

9
7c

—1

i

46

Mentor

103)

—*
8

Lake

Jan

4,100

13'Ac May

1.50 Feb

1.00 May

11% Mar

20

24,300

18c

21c

6,600

6Vic

3,000

4%c Feb

7Vic

20 Vi

203A

1,795

17%

Feb

21

15Vi

50

15

Mar

24

22

50

20

Feb

27

Feb

Oil

78,000

3c

8%c May
16% May

Jan

14%

Apr

Feb

13
7c

Apr

13%

Jan

20c

Apr

24c

Jan

13 %c

May
May

Midland

25

16

16

16

1.95

1.90

2.10

14,940

1.10

•

Grain———

*

•

12%

12

12%

2,840

ll7/s

Apr

—1

Pacific

&

Apr

May

Mining
Model

6c

4,000

3c

3 Vic

17,900

-3.75

v.:

100

3%c

Apr
l%c Feb
3.75 May

7c

May

4%c Mar

Corp
Oils

Monarch

4.40

Jan

55c

49c

66c

4,800

31c

Feb

9
35c

9%
35c

135

8

May

6,650

33c

May

41c

19%

20

635

18

May

22%

Mylamaque

13Vi

1,000

11%

Jan

15%

Apr

National

60

13%

Feb

15%

Apr

National

26Vic Jan

63 %c

Jun

9%

*

20

•
—.1
1

81
70c

•

30%

Chemical common—5

—

Locomotive

Corp

15VA

458,890

—*
-1

Knitting commmon

.

common

Mosher Long Lac.

13

45c 63 Vic

—

Porcupine

Montreal
Moore

!

Brick

Milton

15'A
56c

9% Mar

Apr

13c

52c

•
-•
100

Porcupine

Jan

13

3.75

13

8%
'

121,600
7
90

.

7%c

20

—

Segur

McDougall

Jan

9% May

8%
16'A
32%c

•

.

24%

14 %c 16 %c

5c
3 Vic

1

—*
—*
1

4c

16%

—100

—

A

class

20 '

22

20%

Alabastine——

May

4%c

1

-

Grain

40

15 Vi

19c

Gold

common

Jan

5c

20%

—

.

Preferred

McCabe

Moneta

Hahn

7.75

19%

Feb

15%

common

McColl-Frontenac
Mar

6c

Gunnar Gold

Feb

4%c

,

Mar

May

16

20%

'

15 %c

Mines

Jan

16%

1

Martin-McNeely

Mid-Continent
13

Guaranty Trust

Jun

2.40

1

—

Gold

•

21

preferred

7c

14% Jan

6.25

50

1

17c

West

5c

May

2%c

2,700
5,100

,

May

21c
82c

—1
—1

Gold

Marcus

4%c Mar

——

Great

5Vic

—

Sugar preferred

5,100

88%

1

16
5c

•V

1.80 May

•

A

—

Maple- Leaf Milling
Maralgo Mines

11,960

*

.

Bousquet

Grandoro Mines

6.85

16

/

49c

75 %c May

Feb

11% May

1

Mines

—

Eastern

&

23,014

50

Gordan Mackay class A

class

Consol
Malartic
Goldfields

10c

1

Preferred

v

425

6.60
4"Ac

—

1

Madsen Red Lake Gold Mines

2.67

—

_•

May

Apr

27 %c May
15c
May

4%c Mar

Gold

Magnet

10'A

1

Mining

Goodyear Tire common

88c

49c

510

—

B

52%

-1
■

5%c

1

MacLeod-Cockshutt

6c

Porcupine

Mines

Goodfish

j-

—

—.1

...

Lake

9c 11%c

2.61

1

Manitou

700

•

——

Mines

9c

1

Arrow

Gvlden

71,515

»

I

Mines

Macassa

Manitoba
God's

82c
1.92

*

River

100

i.

12%

75c
1.80

—1

Goldfields

1.68

19

Mines—

12%

75c

—*

Hosiery class A—;

2.60

common

Gold

..

May

Apr

91%

33

Lake

Glenora

May

1

Lowney (Walter M)
Lynx Yellowknife

1

Yeliowknife

Giant
Gillies

Mar

45c

1.80

—•

2.00

—

28c

12%

......

B

95

class A

—.

17,800
62,950
19,229

45c

*
—J•

.

Long Lac
Groceterias class A

Loblaw

1.85

General Products Mfg

13 %c May

22c

I

110 110%

common

1.34 Jan

Jan

65c72%c

——1

1.90

107%

A

Mar

3c

19c

1

2.60

Petroleums

Class

93c

17Vic

•

Macho

General

9,850
136,600

19c

;——♦

—

—

Gold

95

Bakeries

General

1.10

*

A_

class

1.90

—

com

Jun

•

—

Jones

&

19%

—100

preferred

Garrison

Jan

67c

3

Mines

Secord

Laura

Class
Gair

Jan

5.30

95,950

37c

67c

-

•
*
1
1

Leduc-West

43%

100% 100%

100

Exploration

.

Sons

&

10

8

Mar

20

Mar

3.95 Mar

Jan

1
•

.

Gold

Lamaquc

5.35

1.05 Mar

19

3Vic

1

Mining

Mines

1.15

12%

"

10c 11 Vic

41c

1

Cadillac
Lapaska Mines

Jan

800

Jan

15c

11 Vic Mar

4,000
.

1

Mines

Wasa

Lang
Lapa

1
Ltd

(1945)

12%

30

——

Preferred

Frobisher

Mines

Lake Lingman
Lake Osu Mines
Lake

Class

41%

Ford Motor class A-

,

Fortune Gold—

10

—

Mines

Lake

1.10

—

Manufacturing

Class

Gold

12%

10

common—

,

Lake

May
Apr

125

Jan

Gold

30%

Products

Fittings Ltd class A
Fleet

4.95

5.20

Federated Petroleum

Jan

Apr

5%c

Ltd

1.44

1.20 May

>1,290

(Johni

5.50

Apr

Jun

May

55c

•

Lake

Palconbrldge

74

Jan

1.23

1.25

Labrador Mining & Exploration,

LaDatt

16

Mar

43%

May

23 Vic May
12c
Mar

9 %C

6c

12 %c May

74
9 "Ac

18%

19%c

1

7c

59,400

17Vic May

8c

18%

*

4,567

70

__

1

—

10c 10%c

1

55c

59c

1

.

Mar

10c

1

Mines

20,300

*

Quebec

Jan

14c

Kirkland

20%

*

A

May

15c

4%c

12%c

Kirklana-Hudson

15

Corp

59c

Jan

May

May

12Vic

Keyboycon

18 Vi

May

12
12c

Apr

5.30

Gold

Empire
Eureka

1,210

31c

18 %c

Pen-Rey

18%

151

lOVic

Apr

1.85

Jun

104% May
35% Jun

4%c Mar

54,085

32

1

Jan

55

Mar

1

7.40

1.60 May

36c

35

12

8c

9c

Ltd..—,,,1

Mines

Jellicoe

Apr

6%

49c

50

26c

33

11%
"

•

Jun

14% May

Jan

103% 103%

__

——•

—

2.65

45% Feb

16 %c 19 %c

34c

1

El

60

60 %C

66c

Mines

Eldona

*

8,480

9%

18 %

Laguerre

Economic

32% Mar

30

34%

5/100

■

28c
■

-

18

31

*

common..

Kelore Mines
8c

Jan

38%

26c

,

Gold

Kayrand

)

stock

15 %c

Feb

27

7Vic May

Feb

3c

'

Preferred

Kenville

East

class

International Nickel Co

Joliet

1

7%

Jan

May

Gold
old

41c

18%

.

U.

Joburke

Duvay Gold Mines
East Amphi
East Crest Oil

Metals

13

__

Preferred

ex¬

of

38%

1

preferred

& Coke

46%

common

common

38%

25

;

__

International Coal

25

Preferred

Dominion

6% May

;»

Dominion Tar & Chemical

Mar

13

50

6%

0

•

Dominion Textile

Apr

15

21

1,270

6%

32

Co

&

46%

Dominion Stores

28

17,610

14

7%

25%

1

50

Dominion Steel & Coal class B

Jan

27

13

7%

Feb

Jan

19%

31

6%

1

com

Jan

14

25

20%

" 3,177

International Bronze

Dominion Scottish Investment
Preferred
;

May

32

122

7%

£1

5,040
.

19%

■

■

•

125

Jan

May
7'A May
25% Apr

810

Feb

30%

54

31%

Apr

Imperial

May

35

Jan

245

58c

Dominion Dairies preferred
Dominion Foundry & Steel

May

326,120

Mar

27%

Apr

43c

47%

6c

28c

27%

Jan

7%

130,000

55c

10

44%

Feb

26c

41% Mar

7%

14c

Bank

35

100

■

23%

Dominion

Apr
Jan

7

96c

17%

Jan

May

7

Feb

17%

Feb

11%
16

4c

Jan

22%

18

Jan

7'A

6c

17%

16y2

71/2

40c

22%

May

5Vic

2,300

•

Jan

13c

*

54,900
> 50,400

Feb

49
43c

1

B

96c

2

.

Dome Mines Ltd

10c

_l

class A

Class

49

•

1.80

48c

Apr

Feb

6 Vic Mar

295

,

47

*

Mining
Malartic

80C

50c

11 %c May

9%c

♦

Dauch

40,000

12c 13 %c

1

Feb

7c

3,500

-

Discovery

Jan

47c

9,000

22c

1.60

Feb

7c

1,74

,

30c

10c 10Vic

52% Mar

10c

6,100

10c

Mar

20%

40c

1

7c

'

14% May

38%c

1

Gold

Hugh
Petroleum

Mar

May

Apr

47

25c

Jan

50c

160

20c

Patricia

"f

Feb

6%
13c

2,600

n

49

I

Crowshore

26c

Jan

11

5c

'

May

105%

1.07 Mar

2,040

8%

23c

1

Nest Coal

15%

16

•

1

Pershing

Crow's

8c
May
91% Mar

9% May

55,533

40c

'

Crestaurum Mines
Croinor

103'A

100

Conwest Exploration
Cosmos
Imperial Mills

Craig

9c

5

Smelting

High

390

13c

10%c

Hind© &

Consolidated

Low

9%

T 10%c

1

Red

Range Since January 1

High

9%

1

Gold

Headway

Loto

•

Hasaga Gold

b

Mines

Howey—

Harricana

34c

Beattie

Consolidated

Harding Carpets

Jan

Consolidated

Consolidated Duquesne
Consolidated Homestead

Salts

Range
of Prices

Far

Jan

7 Vic Mar

150

12 «/2c

-

High

Feb

13c

19,900

9

Week's

Sale Price

1.

STOCKS

High.

•

Consolidated Bakeries

/ Friday
Last

j

•.

.

STOCKS

Mines

Breweries

Drug

Preferred

&

common

—>—5

35c

17c

12

79% 81%
50c
73c
15c 17 Vic
30% 32%

8%
11%

2.20 May

Jan

13%
.

l66c

75

Feb

81%

465,450

16c

Jan

73c

131,400

6c

Feb

1,284

Apr
Apr
Jun
May

17Vic Jun

150

30% May
8% Apr

37

8%
12

290

10% Mar

12

170

Feb
May

10% Mar

Jan

9% Mar
May

45

46

*

(2338)

The Commercial and Financial Chronicle

CANADIAN
RANGE

Week'l

Friday
STOCK8

Ranee

Shares

Low

•

Hosiery class E»

National

m

Petroleum

National

Sewer

National

Steel

National

Trust

—

28'/a

21%

21%

22

2.65

2.55

*

Pipe class A

Friday

40
-

,

3.00

885

131,850 1

10%

CiaoA

21

May

23%

Apr

24c

Mar

46

25

40%

Feb

22%

1,070

19%

Jan

30

29

30

240

1.50

1.53

14,800

1.41

101%

27

Mar

Slscoe

3.00 May

Southam

30

South

Jun

"loo

New

(Wm) preierred——Alger
——-——.
Bidlamaque

New

Calumet

Mines—

105

14c

13,900

5%c

6%c

16,100

3c

1.63

1.47

1.65

4,1000

95c

Mar

104 Va

1

—

105

12'/aC

60

—1

Jan

7 Vac Mar

105

Mar

1.06

1.13

10,280

66c

Mar

440

40C

46c

132,075

31c

Jan

50c

—1

43e

40c

46c

28,010

34c

New

—1

Jason

Newlund Mines
New

Marlon

New

__

3.60

3.20

3.70

428,505

7c

7'/aC

6,500

Norseman

24c

30c

39,000

Mines

Gold

Newnorth
New

—1

—

24c

1

_

6VaC

7c

6c

6c

9 Vic

95,000

9%c

8c

12c

143,167

1

Norzone

New

1

Gold

Pacalta

•

Oils

Rouyn

21c

Yellowknife

Nib

52,900

7c

May

Jan

10c

May

Steep

May

Stuart

Apr

4c

Feb

91,600

9c

Jan

25c

2%c

Jan

12c

Jan

79c

Jan

71
19c

7,500

3c

Jan

50c

Apr

77c

5 Vac

70c

77c

3.10

3.20

7c

9c

-

-

17,565
64,000

42c

2.46 Mar
4c

Feb

13c

2,000

9c

Feb

31c

77,450

6%c

Feb

37c

9c

10c

12,200

7c

Jan

12c

7 Vac

8V2C

18,000

6%c

Feb

9

9%

260

1.91

Mines.

1.90

2.03

13,430

25C

25C

25c

500

1.80

1.75

1.85

24c

Okalta Oils

20c

28c

18,700
88,700

Malaruc

Omega Gold
——.1
Omnitrans Exploration ...
-•

1,372,106

9c

833,400

131

9

52

52

8c

7%C

*

common

17c

6c

131

I6V2C

50

...

50

9

May

1.79 Mar
20c

Jan

1.60 Mar
17c

Feb

2%c

Jan

3%c

Feb

128

0

■•:

,

-1

Lake

Red

39

i..l

(Eastern)

Partanen Malartic

Tower

28c
17c
9c

Jan

52

8,500

5%c Feb

10c

May

1.15

1.50

258,300

1.00 Mar

6V2C

1,000

4%c Mar

1.50

Union

Jun

9c

May

6.20

120,367

4.20

Feb

6.35

Apr

44%

Jan

47%

Feb

Ltd

1.23

Jan

1.58

Feb

Upper

6C

6c

7c

.10c

50C

43c

58c

243,900

17c

Jan

May
May

Vicour

6VaC

6c

6V2C

6,700

3c

Feb

5c

5c

8c

14,500

3c

Feb

49,300

2c

Jan

7c

62,000

26c

May

34c

175

59c

4,000

18c

15c

18c

9,500

27

Petrol Oil & Gas

32c

27

27

10

,——...

Photo Engravers

58c

1

Petroleum

III—1

Gold

Pioneer

Oil

Polaris

18C

40c

2.40

3.15

—

miii

Porcupine Peninsular

3.25

3.15

3.25

3.40

3.60

13,850

20c

10 %C

21c

1,358,433

1

5

Jan

Feb

63c

15c

May
May

21c

700

...—

_

56%

-

I

Powell Rouyn Gold common

Voting

trust

Jan

1.70

May
May

3.05

3.00 Mar
3c

Jan

May

80c

24,900

67c

56%

57
1.12

1,650
11,900

42% Mar

96C

1.05

1,000

67C
'

River

1,650

7 Vac

1.03

Porcupine Reef Gold
Powell

1,584,120
258,990

3.60

—

—

33 %c

2.75

Mines

Gold

Crow

Pickle

mm

i.m'm

certificates
•

Power /Corp;/—
Pressed Metals

I—III

Preston East Dome

1

1

85c

Mar

76c

Jan

Prospectors Airways
Purdy Mica Mines
Purity Flour Mills common
Preferred

29

1
—.

40c

Reef Petroleums Ltd.

3.70

21c

Renabie Mines
Reno

...—————

Gold

Riverside

———————

Silk

class

A

82c

57

1.12

Robertson Manufacturing
Robinson

(Little)

Roxana

240

15%

Jan

21%

12 Va

Jan

21%

Jun

8,460

1.71

Jan

2.05

3 50

3.00

3.55

9c

9 Vac

7

7

130

46%

47

199

56c

58c

1,100
23,600
8,500

30c
15c

80c

74c

May

66,717

95c

Mar

-

22C
80C

20 %c

.;

24,300
-

25c

74C

2,500 ;•

60c Mar
6%c Mar

6% May
46% May

3.55
10c

8%

•

34c

Mar

43c

2.35

2.35

200

4%C

4 Vac

41/4C

28

29

7,200
50

28

May

29

56

25

44

Jan

56

...1

10%

10%

100

12VaC

He

14c

41,200

2.03 Mar

4c
2.35

2%c

Feb

May
Jan

3.00

5c

-—.

...

y

For footnotes

see

7c

Mar

14c

25c

Feb

49c

Wool

*

1.39 May

Apr

165

9% May

150

10% Mar

10%

Feb

13

May

17c

May

50c

Feb

25 %

Jan

33% May

26%

Jan

33

May

96

10

97

Jan

53c

16,700

45c

Mar

62c

Apr

30c

1,100

15c

Feb

40c

Apr

17%

7.391

14%

Jan

13c 14 %C

13,733

96

,

93

Apr

11c

Jan

17c

27%

28

305

26

Jan

29% May

55

55%

145

52

Jan

55% Mar

20%

20%

75

20

May

6.10

6.25

6,980

50
25-

—•

G.20

•

42c

47c

50c

51,527

50c

Jan

8

8%

1,875

6%

Feb

3.15

3.35

19,975

2.91

Feb

4,762

15c

24,500

22c

21c

26c

-1

_

7.15

10c

.1

;
.

Mines

6.90
10c

24c

24c

30c
42c

9.15

1

34c

36c

-.1

Amulet

15c

May

482,500

2c

Jan

29c

May

3,300

24c

Jun

41c

Feb

40,900

20c

Jan

42c

May

9.25

2,850

45

45%

2,970

5%

25

8%

8%

10

9%C

lie

16,500

13c

12 %C

14c

5,039

•

59

58%

60

280

1

49c

48c 53 Vac

45,950

8%
si

1

Products

Apr

7.35 May

5.80 Mar

Feb

10%

Consol

May

8% May
4.20

6%c

5%

9.20

45%

Jan

19c

8%
3.20

•

..

.

22%

May

6.60 May

1

ir.

19% Mar

3.50 Mar

_•

—

Gold

15%

28

..■j

.

_il_

—

(George)

Feb

9.50

Jan

Jan

7.90
36

46 Va

Apr

6

4% Mar

10

8% May
Mar

11c

4%c Mar

14c

6c

Jan

60

7c

Feb

58c

49

Jan

Feb

May
Jun

Apr

May

__5

15%

15%

15%

15

14%

Apr

16%

•

26%

•26%

27

160

23%

Feb

27% May

100

comman^l^^
;

__

101

100%

101

90

99%

Feb

12c

41,000

12c

8 VaC

12c

7%

7c

8c

10C

12c
—_

common..IIIIIIII*

Electric

Feb

102
13c

8V2C Mar

Mar

Apr

33,600

4c

Jan

12c

Jun

11,500

4c

Mar

9c

May

37

37%

1,899

10O

99%

99%

55

-.1

__

7c

8c

3,500

37%

Combing
Lead

York

&

14

Mines

Bear

75

14

42

Jan

100 %

99 % May

3%c

Apr

9%c May
15 % Jan

Feb

13

Apr

Mar

2.27

•

■

2.11

7,220

32c

35c

23,700

22c

Apr

43c

May

21c

20c

23c

19,200

17c

Feb

25c

Apr

1

1.13

1.13

1.20

20,830

75c

Jan

1.33

Apr

5%

Mines

2.02

33c

1

-/■■■

5%

275

5

Apr

6V2

Apr

1

Knitting class A

2.02 May

Jan

2.05

-

-

•

33 %

.1

Zinc

Toronto Stock

27

Feb

29

Feb

15%

29

28V4

29

1,195

13%

13%

14%

9,830

9%e ll%c

99,000

9V2C

9%c Apr
3c
Jan

17%

Jan

6c

Apr

12%

Jan

Jan

18

17%

18

445

14

99

99

99

135

85

Jan

58

58

581/4

253

50%

Jan

3.35

3.40

5,022

3.25 May

3,000

3%

6%C

7c

16,500

16

701

32c

31c

34c

17,700

*

251/2

25

25%

590

47%

47%

70

36c

82,733

50
1

35c

33c

50c

1.17

1.15
16

25

1.20
.

i

Last

Preferred

Apr

;
■

Co

5c
16

25c

23%

Feb
Jun

4.05
5

9c
16

Feb

25%

47

Apr

48%

10c

Feb

42c

1.05 Mar

50

9% Mar

2.28

2.05

2.35

142,774

•

22

21%

22

635

20

Jan

21%

21%

480

19%

Jan

1.91

Jan

29%

975

24%

101

105

125

82

Mar

105

5

135

Jan

147

:

..

7.75

7.75

7.75

105

7.50 May
Mar"

1

21c

20c

23c

25,000

20c

1

1.00

88c

1.03

161,300

48c

A

•

10'A

10%

101/4

560

9%

*

7>A

7%

261

6% Mar

preferred__100

98%

98%

99%

86

92

Jan

Jan

Jan

100

—

Z

Dominion

Bugar.

May

;

~

21%

„

•

13

Canadian

Western

__

Vickers

Consolidated

Paper

;

—

Jan

deHavilland

•

„•

1.20

May

,*„•
Aircraft

Jun

Donnacona

Foothills

May
Jan

%

Jan

%

Jan

21

Feb

12

13

21%
13

Paper

114

14

Apr

Feb

26

May

3.85

4.00

1,010

2%

Jan

4.95

22%
22

May

Ogilvie Flour
;

Oil

43c

114

500

5.00

25,915

3.50

Jan

5.00 May

9,625

17"%

Jan

27% May

42c

48c

:

—£-^0

35J/2

35 Va
20

20 V2

4,45

4.25

4.50

29,409

35 V2

>0

<

32

Jan

32

40%

Jan

47 Va May

365

35

195,

4,195

i

99 %

May

Pend Oreille

•

Temiskaming
Twin

City

Feb

15%

Jan

20%

Jun

3.15

Jan

4.50 May

30%

27

Feb

36% Mar

50%

1,515

37%

Jan

50% May

22

24

2,115

19%

Feb

24

Jun

27V2

27%

495

28

May

1.5

22 Va

25

>;

21 %

26% May

4,505

227/a

17%

Jan

160

22%

Jan

125..

19% May
3%e Feb

22% May
•

24%

Feb

21%

Apr

23%

ordinary

Mining

Rapid Transit

1

__

13

4%c

6%c

15,700

5.70

5.95

2,195

54c

5.90

,♦

21 %

54c

309

41c

Feb

54c

45c

600

30c

Mar

45c

80

l

I;

__

24

21

r*

Petroleum

Petroleum

35%

45c

\ Southmount Investment

Jun

Mar

49%

*

Jun

Supertest

49%c May

16

417

1,330
*•

30%

.

Jan

May

50

common

Jan

10% May
7% Jan

Mar

115

24
—

Selections

Southwest

32c

Jan

:?%

mo

8.85

1.03

89

^.5

common...

38c

Apr

27%

106

46%

Minnesota & Ontario Paper
Wire Weaving

Apr

5%

4.85

28 V2

Utilities

Groceterias

22% Mar

Mar

60

16

May
2.65 Apr

May

21%

-£i___

International

Feb

6.00 May

114

185

.

20Va

-

Jan

May

25V?

45%

Hayes Steel

Loblaw

500

21V4

31

preferred

International

May

92

46%

Paper

Gil

640

*'■*■■■■*

Dominion Glass

Feb

5,309

111

•

—"

—

Bridge

3.25

5%

109

May

29% May

Jan

5%
.

9

May

26V*

Lumber—i———•
Vl* *

Dalhousie Oil

Jan

5

25%

•

Canadian Marconi
Canadian

5%
110

•

Vinegars

143% 143 %

—

I

100

58% May

40c

1,900

29%

105

Canada

Feb

16

29%

Canadian Industries common

16c

Range Since January 1
Low
High

*

19%

21% May
18
May
99
May

■

Pulp & Paper,.——„*

common

and

High

100

Preferred
Canada

Low

71/4

4%c Jan
Feb

Shares

7%

Asbestos

Apr

for Week

of Pi ices

7J/4

i

Corp
Columbia

Sales

Range

•

Par

May

I8V4C Jan

Week's

Friday
,

Sale Price

Brown
8.85

4%c

1

Exchange-Curb Section
Canadian Funds

STOCK8

Jan

16




'

12c

•

Mines—

British

1,800

4c

47.

13

30c

r.;.

Andian National

19,200

...1

page

10%

•

Apr

j:

Silverw'd Western Dairy

10

12%

.

Niagara

class

10%

100

Resource

Hill

11%

1

Dairies

1.01

17%

16%c

——i—.1

i

3,000

1

———

Feb

9c

__

Class B

1.28

50 %C

Dominion

Silverwood

1.23

51c

Jan

3.25

1

...

May

1.23

*

jsu

9%

—1

.»

Mar

47c

33

7c

39c

30

Mines

45c

Jan

Mar

9c

3,500

Miller

May

Jan

32c

20

Silver

35c

12V4C

9%c May

9C

20

Voting trust certificates
Sigma Mines (Quebec)
Silanco Mining

1.390

71,190

33

Preferred

Apr
Jan

Ryanor Mining
...1
8t Lawrence Corp common..
2nd preferred
...1
St Lawrence Paper 1st preferred.. -.99
2nd
1
preferred

common.

37c
41c

May

800

Breweries

37c

35c

33

Mar

59,000

Sicks'

19 % Mar

Feb

17

Apr
Apr

May

40c

1

class A

•?*■■■

May

700

14,700

29

•

Bherritt Gordon

25

19

3.65

-17c

Mar

Mar

2.75

2.75

56

1

19

11%

Feb

6c

1.84 May

8%c

4c

A

10% May
2.92 Feb

15,000

Mar

Yellowknife

7C

15c

class

14,150

14c

7c

Jun

54,200

36c

19%

Sheraton Ltd

25

3.10

Jan

42c

_73c

com

10%

Apr

24c

May

1.03

2.65

19

Shawinigan Water & Power

May

3.00

3.00

*

May

52

12c

.1

31

50%

10%

—10

28% Mar

10

Feb

.^.1

4% series A preferred
Shawkey (1945) Mines
Sheep Creek Gold...

Feb

100

52

Jan

11c

Scythes & Co common
Senator Rouyn Ltd.....*

Jan

30%

3,000

58c

23%

-Ill

Mines

1.66

30

1,305
220

30c

97c

3%C

Sannorm

May

14 %c

May

202,200

Mar

Jan

■■■£.*£

—

Apr

1.20 May
15 %c

1.42 May
10c

14c

Mar

Apr

42c

Gold

3.30

Feb

Jan

40c

Yellorex

18%

4c

Gold

Jan

8%c May

Mar

3c

33%

48% Mar

40c

15c

River

2.31
40c

Apr

25c

May
3%e Apr

52

Wrlght-Harg reaves

5,410

19%

Antonio

3.60 May

16%

20c

33

Yale

56,075

•

Sand

30

Feb

May

31c

Winnipeg

Jun

83c

1

Ban

9,000

IOV2C May

2.25
15

38c

Jan

1.73

83c

7%C

common

10,200

5%c Mar

33%

Apr

21%

-.10

Industries

1.55

10c llJ/2c

24 % May

Feb

'

Russell

1.45

1.52

10 %c

Wlngait Gold

Apr

3,099

1.65

36c

—

24,100

Feb

20%

.1

Preferred

1.05 Feb

71c

Oils Co—

Royalite Oil
Roybar Chibougamau
Rupununl Mines

345,300

13c

Wlltsey-Coghlan

20%

...1

Royal Bank

11,850

1.20

11 %c

Jun

May

•

Winchester Larder

1.61

common

—..—.

2.91

79c

12c

Mar

23

1

Works

Oils

Weston

Feb

21%

common

Rochette Gold

2.80

95c

2.80

75c
18 Va

Jan
Mar

...•

Jun

21%

—

Roche Long Lac

3,000

,

Jun

20%

...1
1

\V
...

7%c

5V2 May

May

16%

Apr
Apr

-

Apr

10%

—

6c

—_

Western Ashley Minerals
Western Canada Breweries

May

1.75

—1

MacDonald

Reeves

14,000

♦

Steel

Westeel

May

1.65

—1

Regcourt

23c

59c

20

___♦

Wekusko

3.15 May
3.45 Mar

1

—

—

20c

Class A

Feb

•

—

150

Walker (Hiram)
(G & W)
Waterous Ltd common.—_

Mar

18%

1

1

14,760

50

Canada

Walte

Jan
Jan

19'/a

46%

Quebec Manitou
Queenston Gold
Quemont Mining
Quesabe Mines Ltd

11,000

15

1

Vulcan Oils

6% May

20

1.85

—10

Quebec Gold
Quebec Labrador

11,600

3

Violamac

May
May

20 Va

miii

——

65c

3.50

,_1

Wlnora Gold
m

Apr

9%c

Mines.

West Malartic

Picadilly

6V2

9c

22c

Ventures Ltd

7%c Apr
10 %c

46c

27

Feb

5% May

3.15

common

Keno

United

12,872
1,041

6V2

4%

450

3.45

Corp class B

United

645

1.30

6

100

5%

Finance, class A__

United

46%

56c

5%

260

United Fuel class A preferred
Class B preferred

1.24

29c

Apr

24%

•

Mining

5.70

56c

35%

..' •

Petroleums

United

45%

32c

Jan

24

Union Gas

May
7% Feb

6%C

—1

27%

24%

£Z*1

Transcontinental

9c

—4*

__—

50

750

:

Transvislon-Televlsion

Apr

-1

Paymaster Consol
..—.
People's Credit Securities
Gold

Perron

33%

1,405

——

May

15c

6c

18

15

Preferred

May

Jan

4c

95

Jan

9c

May

Jan

4c

Apr

Jan

13%

_I2L_1

Class B

Jun.

5%

—1

10 %

86

18%

Gold

Traders

8%c

1

8% Jan

10

770

22%

Towagmac Exploration

Jan

6.00

...

700

17

JSOc
Gold

Villbona

Mines

Malartic

Parbec

9%

59C

Elevators

Apr

V'."'
Paramaque

May

93%

17%

...,

Iron

Apr

2.24

131

3%c Mar

16c

63 %c Mar

V

22%

Gold

2.33

100

"III
a—

9%

64c

Iron JMInes

Toronto

1.25

—:

Oil

Jun

25

Toronto

1

Cadillac

Mar

50c

22%

Torbrlt Silver Mines

...1

Pandora

10c

11,928

May

16%

JRH

Cons Mines

Tomblll

46%

Porcupine

Pan "Western

Tobura

«

Tubes
Mines Ltd

Hershey

202,600

May

1.05 May

33%

common

Taylor (Pearson) preferred
Teck-Hugnes Gold Mines
Thompson-Lundmark
Tip Top Tailors.....

1

Pacific Petroleum

Page

Pamour

16c

52c

57c

22

5%

River

30c

7.500

1.42

1

—

Feb

'

0

8c

Jan

20%

5%

Preferred

May
Apr

IOV2C 12%c

._1

Oslsko Lake Mines..

Pacific

S
lO'/aC

Apr

67c

128

Jan

93%

Oil

Tamblyn

47 %c Apr
13 %c May

Jan

■

Orange Crush
Orenada Gold

30c

26,450

12c '

9%

Gold.

Canada

Rock

Sylvanite

9%c May
11% Feb

9"

11,000

1.00

21%

50c

B

Bros
of

Taku

3.30 May
9c
May

13c

-

45c

96c

•

~

Superior Oils Ltd

May

24c

Feb

100 Va

Apr

Feb

28c

3,620

Olsen

Co

Sullivan

Mar

40c

39c

38c

Mar

21%

16%

♦

...

Surf Inlet

May

420

Mines

.wTSt—•

common

preferred
Sturgeon River Qpld
Sudbury Contact

5%c May

588,590

5%c

1.24

98

50c

class

Steeloy Mining

Apr

Jun

1.00 Mar

480

>15c

Preferred

Apr

4,500

99

Radio class A

Steel

May

40c

13c

Jan

98

—100

Stedman

May

81,000

6,500

10c

Ogama-Rockland

Orlac

12

66%

Mines

Steel

Feb

3c

1,210

North Star Oil common........

Ontario

3c

2,800

Mines

North Inca Gold

Ontario Loan

Apr

1.24

Extension

Denison

O'Learv

38c

10c

Northern

Gold

Jun

70 Va

3.15

Mining

Canada

O'Brien

25c

Jan

10c 12VaC

5%C
70c

...

Gold

Northland

May

3.70 May

1.16

8%C

Mines

Northern
North

10c

69%

10c

Norgold Mines

Norplck

64c

50c

7%c

Apr

27

42c

Mines

Brock

Btarratt

May

43c
Apr
5%i: Mar

1.20

Corp

Normetal

7c IOV2C
55c

Standard

Stanley

May

69 Va

——

Noranda Mines

Norlartic

18%c

23C

55c

Nipissing Mines
Nordon

lie

9V2C

Mines

Nicholson

9 VaC

100

Merger—
New Thurbois

New

6,500

30%

24

98c

Brazeau

Standard Paving common
Preferred

1.70 May
1.22 May

1.09

26% Mar

775

„

Preferred

May

7c

1

New Goldvue

410

24%

1

Co

Standard Chemical

May

17c

Feb

•

High

29%

24%

Apr

'

13c

Neilson
New

Low

28%

.1

Malartic

May
23% Mar

1.84

.100

Gold

Bladen

46

Range Since January 1

High

99

B

Stadacona

Feb

Low
29%

Preferred

1.51

—

Shares

24%

Jan

Apr

10

——

—

for Week

Simpson's Ltd class

12'/a

28%

•

Mines

Negus

Sales

Range

of Prices

Par

High

Apr

22

22

Week's

Last

Sale Price

27% Mar

46

III—*

Car.—.—.

175

Monday, June 5, 1950

.

2

STOCKS

Low
5

12

28%
National

JUNE

Ranee Since January 1

High

11%

common

.

MARKETS

ENDED

for Week

of Prices

Par

Grocers

WEEK

Sale*

Last

Sale Price

National

LISTED

FOR

.

80

5

75

May

80

8%c

9c

18,500

12 V2

13

150

r
v

5.05 Mar

6V2c May
6.10 May

6c

Apr

11c

8%

Jan

14

May
May
Jun

May
Apr

Volume

171

Number 4913

...

The Commercial and Financial Chronicle

(2339)

OVER-THE-COUNTER
Quotations

for

Friday,

SECURITIES
June

2

Investing Companies
Mutual Funds—

Aeronautical
Affiliated
Amerex

Beneficial

Fund

Tr

4.36

8.73

9.44

.5

16.10

17.50

B

6%
•

2%

98.28

102.38

22.36

—1

Inc

6%

2%

—1

America

of

Fund

Boston

35%

4.03

Corp

Inv

4.91

„1

Inc_

Fund

6.72
1

34

.10

Holdings Corp—

Bond

4.54

Business Shares— —1

Axe-Houghton
Axe-Houghton

Aak

6.12

1%

Inc

Holding Corp

American

Blair

1

Securities

Fund

Bid

Far

v

24.17

Bowling Green Fund Inc—
Net

9.38

10c

value

asset

9.39

—5

18.42

19.91

-1

20.80

22.79

(

Fund

37.72

40.56

.1

17.32

18.73

-

.100 5,200

Christiana Securities com

5,350

139

144

100

Preferred

6.13

1

Commonwealth Investment
Fund

22%

15.26

.1

-

——

6.66

21

Consolidated Investment Trust_l
Delaware

16.79

25c

1.82

28.69

30.67

1

19.48

Shares

Eaton

1.66

...1

Dividend

Howard—

&

Balanced Fund
Stock

Fund

.„

Fund

Equity

.20C

4.34

4.50

:— ...5

Industrial

Boston

First

20.83

29.34

31.72

Fund Inc_l

2.13

2.34

Inc__

Fidelity Fund Inc
Financial

Managed

33%

31%

..10

Corp

Second

Bid

Federal Home Loan Banks—

Fund—

lo

.

Automobile

50.45

50.45

5.55

Fund-——1

Trust

6.15

,

Franklin Custodian Funds Inc—
Preferred

Investors

Fund

Industries

General

lc

5.54

6.07

Inc..—2

16.47

18.05

1

17.49

series

stock

Common

Fundamental

Gas

series.

stock

Capital

—

Inc—

18.91

—1

56.45

60.70

—1

5.31

5.74

—lc

7.42

8.14

—lc

6.99

7.67

Corp

Investors Trust

General

6.65

6.07

..lc

Securities— *

Group

Agricultural shares
Automobile shares
Aviation shares

shares

3.78
3.76

6.41

_

7.03

8.42

9.23

7.32

8.03

Equipment shares.lc

11.07

12.12

shares

Chemical

shares

Electrical

5.14

5.64

Fully' administered shares. -lc
General
bond
shares..— —lc

7.53

8.26

7.72

8.46

Industrial Machinery shares lc
Institutional bond shares- —lc

7.45

8.17

9.32

4.51

3.45

3.81

Home

lc

3.96

4.37

Non-Ferrous Metals

lc

3.40

9.01

9.87

-lc

6.13

Paper

lc

4.32

Low

shares

Priced

8.47

4.50

-lc

8.74

Steel

Mass

2.51

-

shares

shares

lc

4.49

10c

7.43

RR

stock

—

T

shares

Tobacco

4.27

4.75

5.22

—lc

>5.78

6.34

—lc

shares

shares

3.88

—lc

£4.47

4.91'

—lc

Equipment shares

Railroad

Steel
t

——

6.21

Utility shares

6.81

1

4.69

5.07

Income Foundation Fund,— _10c

1.87

2.04

5

25.40

27.46

shares— —lc

9.44

10.35

Howe

Plan

Fund

Inc

Incorporated Investors
Institutional Shares Ltd—
Aviation
Bank

Group

91c

82c

-lc
shares
Group shares- —lc

Group

Insurance

1.11

1.22

lc

13.22

14.49

America-

1

10.70

30.51

Boston

1

8.93

Investors
Fund

2nd

14.47

1

16.26

16.63

Investment

Trust

Investors

of

of

—

of

1

14.46

15.72

1

15.46

17.09

14.60

15.67

l

10.55

11.41

Boston

Inc.l

Inc

Nation-Wide
Balanced

National

National Security

Corp

series

j

Preferred

Income

Bond

Stock

l

6.55

7.16

1

Series

Series

Series

6.78

1

Industrial Stock

Series

4.42

3.17

7.14

1

16.82

18.09

Agriculture

1

10.50

11.51

1

Aviation

1

Bank

1

New

England

New

York

Fund

Stocks

Inc—

Building supply

j

l%s

March

15,

1954

1 Vas

March

15,

1955—

Dated
10-

1.25%

11.86

13.00

1.30%

1-

3-50

10-

2-50

bl.35

1.20%

1.35%

5-1-50

2-

1-51

bl.40

1.25%

1.30%

2-

1-50

11- 1-50

bl.35

1.25%

1.35%

6-

3- 1-51

bl.40

1.25%

9.78

10.72

12.36

l

9.41

10.31

Metals
Oils

1

19.20

21.04

Pacific Coast Invest Fund

1

11.59

12.70

Public

1

8.78

9.62

1

5.59

6.13

l

6.67

7.31

Steel

1

9.18

10.06

Tobacco

1

11.00

Railroad
Railroad

equipment

Pacific Amer Investors com__10c
$1.50 preferred
5

24 %

United States
Bid

June

8,

June

15,

5

17

1

16.56
2.67

(Geo)

Republic

Fund—

Investors

Fund

3.60

July

27,

1.10%

Aug.

3,

June 22, 1950
bl.19
June 29, 1950—bl.19

1.10%

Aug. 10,

1.10%

Aug. 17, 1950—

July 6,

bl.19

1.12%

Aug.

24,

bl.19

1.12%

Aug.

31,

bl.19

1.12%

Bid

Ask

Scudder, Stevens A Clark

1950

July

13,

1950

bl.19

1.12%

July

20,

1950

bl.19

Fund

Inc

(net

asset

value>_*

Selected Amer Shares

54.09

1.12%

bl.19

1.12%

bl.19

1.12%

bl.19

2%

12.00

12.98

Shareholders Trust of Boston

1

22.10

23.45

Sovereign Investors

1

6.42

7.03

State

Street

Television
Trusteed
Union

Investment

Fund

Far

Fund

1.12%

N^w ^ork&ttai1 °°""10

Bank

of

&

Fifth

Avenue

29 ^

100

142

106%

Brooklyn

13.55

Central Hanover Bank A Trust 20

25c

78c

87c

Trust

National

Bank

1

6.46

407/a

44%

46%

54%

56%

5%

C

Trust

Union Preferred Stock Fund

1

20.19

1

7.93

1

10.70

11.63

I

5.27

5.76

1

11.37

11.60

1

18.81

20.52

Whitehall Fund Inc

1

17.97

19.32

Wisconsin Investment Co

1

3.79

4.11

6%

63 %

(White Plains, N Y)
Empire Trust

16
50

38
108%

10

22%

33%

Amer

8.03

9.20

i

2.37

2.68

Shares—

1955

1956

1

100 1,290

100

316
31

Trust

A

(J

National

Companies
Bid

100

12%
25

Trust

Nat'l

Bank A Trust_17%

National

38

39%

10

38

39%

365

...

Sink i

Mellon Natl Bank A Trust—100

Pe°P^ ff™*National
Bank & Trust

20%

1,620
43%
61 %

pirst
Ex

49%

94

National

*ns

305

290

36^

38%

55

%

«6%%

fan

57

1

Bank-

dividend

stock

97

42%

20

Portland

275

47%

-

44%

89

_12

8

100

Trust

Trust

States

59 %

269

25
A

Guarantee

United

20

Co

Inc

Co

City Bank

York

Title

P)

33

350

16

„

33%

10

31%

100

Pittsburgh

325

19%
100 1,570
25
41%

Irving Trust
Kings County Trust
Lawyers Trust
Morgan

2.51

Par

Trust

Manufacturers

4.37

1

I

10

Bank—

Industrial Bank of Commerce_10

.2.50

Trust

Trust

National

40
111%

Trust

20

Co

Detroit
National Bank of Detroit

35%
1,350

Fiduciary

,

National City Bank

24

Trust

A

390
635

65%

.

Cleveland

Federation

Bank

370
615

Central National Bank

A Trust—

Exchange Bank A Trust-20
County Trust Co

Guaranty

Diversified Trustee Shares—

Series

Bank

96%
237

100
100

230

Cleveland

Corn

First

Unit Type Trusts—

—

Trust

Stamped

Investing Corp
Wellington Fund

E

&

Co.

Continental

Wall Street

Series

Bank

94
230

Harris Trust A Savings
Northern Trust Co

Commercial National Bank A

Series

38%

20

Chemical

18.24

218

™

15

21.73

100
100

™

10

1

1

Inc.—

.

A Trust__33%

147

103%

59.00

B

Fund

Par

City Natl Bank A Trust

51

12.43

Income Fund Shares

Companies

Continental Illinois

362

49

56.50

Chase

28
347

10

Series

Value Line

1950
1950

*

Ask

100

Bankers Trust

1

A

_

Chicago

;

series

Bid

York

Shares

Industry

Bond

Banks & Trust

Corp.*

Inc

1950

54.09 .♦

638

United States Natl Ban*.

20

67%

66
iv

®»n Francisco

92

Bank of Amer N T & 8 A—

8%

6.25

New common

668

27%

26

Ask

..5

37%

39%

10

106%

110%

20

52%

56%

73

76
1

20'A

21%

27

$2.10

10

51%

54

$1.05

Convertible preferred__5
Massachusetts Bonding
5

25'A

27

30'A

32%

Merchant

5

30%

32%

4

8%

9%

5

18 %

247/s

26%

Fidelity A Casualty—5
of Newark
2%
Re-Insurance
10

common

48 %

Equitable Assur——5

—

Casualty

25

4

16%
~

Prior

Fire

22%

Assurance

Mfrs

A

;

18J/4

21

preferred

National

Casualty

30%

32%

National

64%

National

Union

63%

New

(Detroit)—10

Fire

62
60%

25
—10

Bankers A Shippers.,

25

Boston

10

Employees Group Assoc——*
Employers Reinsurance
10

38%
62

Inc.

New

York

24
81%
76

North

*

of Frisco——10

-5

.

Co

3.33%

40 %

Pacific

Fire

72%

Phoenix

Providence-Washington

87%
21%

£0%

Reinsurance

22%

Republic

Accident

Corp

10




34%
119'A
36%

36%
123 %
38%

65

68%

16%

18

78'A

101%

104%

_1980

100%

5%

32%

34%

2

7%
33%

8%
34%

101%

97

60

lo

34%

36%

10

45%

10

36%

3.90c

53

pfd.30

38

-1980

102%

Power

2%s_ .1985

100%

100%

101

101%

97

97%

53%
39

104%

105%

Edison Co
Elec.

2%s

Co

Public Serv El A Gas 2%s—1980

Seaboard Air Line Ry

3s___1980

N Y State

4%%

3% %

Hudson

4.75%

(series

$4.80 redeemable

1949)

106%

28%

29

pfd_100

110

111%

pfd_10o

106

108

preferred series H—100

102

HOYa

Rochester Gas

100

105

107

Ban Diego

100

106%

•

55%

56%

$4.65 preferred

•

53%

53%

4.60%

Pub Serv of Okla 4.65%

100

4.10%

4%%

Gas & Elec

preferred

100

1st pfd—25

Perm Pwr A Lgt 4%%

109%

Cyanamid—

$4.25 preferred

20

Ask

Blackstone Valley Gas A Elec—

Central

pfd

Bid

Par

preferred B wi

19

Elec A Gas—

Pacific Gas A Elec Co—

V:

American

20

Maine Pub Serv $5.50 pfd

Tenn

'

102%

Gas A Elec—
20

preferred

22

22%

Gas Transmission-

38%

Accident

Conn

a

Travelers
S

U S Fire

U. S.

;

100

Fidelity A Guaranty Co__2
*

Guarantee

Westchester

Fire

473

54 %

488

56%

4

65

68

10

81

85

2

22

23%

Lt

$2.04

A

Pwr

$2.20

preferred

—

Odd lot sale

pfd

(not Included In year's range).

preferred

bBld yield price,

100
——

107%

109%

100

108%

108%

d Deferred delivery sales (not

year's range),
eEx-Interest.
fFlat price,
k Admitted to listing on N. Y. Stock Ex¬
nAdmitted to trading N. Y. Curb,
rCash sales (not included in
» range;).
tExliquidating dividend.
(Un) Admitted to Unlisted Trading privileges, wd When delivered,
wl When
Issued,
x Ex-dividend,
y Ex-rights,
z Ex-stock dividend.

Included

in

change.

•No par

value,

tin default,

;

A Elec—

47%

Standard

Electric

Iowa Southern Utll 5%%

102%

27/sS

Ohio

Power

100

10

100
pfd—50

preferred

101

_1990

Ask

108

106

Kentucky Utilities $4.75 pfd. 100

Bell Tel Co 2%s

Illinois
N J

Bid

Power A Light—

105

Hartford

/

81 %

4%

10

12%

U

10
10

101%

/

8%

Surety

Security

137/s
18%
101
31%

2"% 5

104

4.28%

102%

103

27%
128

(New Haven)
Springfield Fire & Marine

Seaboard

Steamboiler

7%

__10

(N Y)

(Texas)

32%

Fire

25%
122

20

5

Fire A Marine

54%

Fire

Power

102%

Delaware

140

5
10

52%
127/a
17

18%

10

Casualty Co.

30%

Hartford

46%

25

Indemnity Co

Peerless

69%
67%

97

Duke

__

_1980

.1079

2%s

Detroit Edison

102%

.1985

Brooklyn Union Gas 3s

Par

Stocks (Continued)-

Ask

102%

.1980

2%s

Edison

Boston

.1080

Elec 27/»s

Stocks—

Corp.—10

Hartford

x44

63%

34%

Falls ——
—5
A Republic.———-—5
A Rutgers Fire common_5
preferred
15
American
5

Hanover

10

2.50

Ins

65%
65

30

Appalachian

Security Issues

Bid

41%

12.50

Northeastern

St Paul

_n

38%

39%

5

Northern

Preferred

Newark

36%

2

Recent
Bonds—

Potomac

Fire

River

67%

10

Federal

61%

5

Casualty
Hampshire Fire

Pacific

Fidelity & Deposit of Md—__10
Fire* Assn of Phila
10

35

10

Fire

Amsterdam

62%

59%

22%
78%
73%
32%

„

33

108

5
10
10
—10

Fire

Connecticut General Life.,

2nd

bl.19

1.12%

New

New

Great

1950
1950

4.10

Jersey Insurance of N Y

Automobile

Globe

Ask

1.08%

bl.19

2.92

Trading

Insur Co of North America

American Surety

Globe

,

bl.19

17.81

l

Putnam

Merchants

Glen,s

Bid

■

1950

25

&

Home

98

10

General Reinsurance

Treasury Bills

Ask

1950—

25%

Petroleum

ut

51%
20

of

1-50

v

12.05

Utility

62

Automobile

Fund

■/

1.25%

59 V2

Alliance

Mreman's

1.25%

bl.40

11.28

Series

—25

Bremen's

bl.35

bl.40

10

Forster

Ask

1-50

2-51

_1

Maryland

&

Bid

11-

1-50

63 %

Agricultural

Crum

Due

1-50

1-

61%

Life

Camden

Dated
5-

12-

——10

Casualty A Surety

Continental Casualty

Rate

1.30%

3- 1-50

Public

American

1.15%

4- 3-50

Sterling

American

Ask

bl.35

1.30%

New

American

Bid

3-50

11.00

2.75

American Casualty

7-

14.33

34.89

American

Due

3-49

13.76

2.52

American

.9635

1.30%

10.04

Sayles Mutual Fund—

American

99.9538

1.20%

1

Machinery
Merchandising

34.89

Aetna

1951

Federal Intermediate Credit Bank Debentures
Rate

11.47

Independence Trust Shares

10

.9826

1,

100.3

100.2

1.15%

13.08

stock

North

Insurance

99.9761

l%s Jan.

99.27

1950

bl.35

1

Insurance

5.94

Aetna

.0185

1,

12.73

5.75

Aetna

.0097

100.0010

bl.35

12.56

5.25

Bid

100.0047

1950

1%S Oct.

100.1

99.26

1950—

15,

1-50

11.62

5.44

Par

100

1,

Sept.

1-50

10.47

17.26

Insurance

1,1951

1 %s

8-

l

equipment

1

*

Oct.

l%s July

9-

Electrical

(Low Priced com Stks)„1

25c

.0315

4.95

8-4

Fund

.0302

100.0103

1-49

15.24

8-3

Trust

.0295

100.0090

1-49

34.95

(Net Asset Value)

100.0082
——

Ask

Indebtedness—

11-

4.52

25.76

Loomis

July 1 1951 "B"
1%S July 1, 1951 "C"
l%s July 1, 1951 "D"

Bid
of

12-

Diversified Industry
I
Diversified Investment Fund.l
Diversified preferred stock—1

32.04

Lexington

Maturity—
Certificates

11.52

23.61

Fund'

Ask

1.30%

13.91

17.93

Knickerbocker

100.3

1.30%

10.86

19.20

14.93

99.31

8.81

1

11.22

13.68

1957-1955

8.16

United

15.81

1,

8.04

1

16.43

S-2

Oct

7.45
<

Corporate bond series

10.28

S-l

Bid

Treasury Notes—

1.30%

stock

1%S

Dollar Price

4.81

17.60

K-2

119%

101.28

100.4

118%

1961

Maturity—

4.34

4.40

Bonds)——!
(Income pfd Stocks)
1
Appreciation pfd Stks)-1
(Quality common Stks)_l
(Income com Stocks) ——1
(Appreciation com Stks)_J

K-l

3s

U. S. Certificates of Indebtedness

7.80

3.97

28.36

(Speculative

100

100.3

101.22

5.48

1

25.96

B-4

1953

99.29

1955 1953—.

3.46

5.01

Selected Group Series
1
Low Priced Com Stock Series l

23.79

B-3

1,

4.83

l

Series

Series

27.12

Bonds)

1, 1953-1951

Ask
99.22

9.41

7.54

l

Speculative
Stock

6.90
*

Low Priced

1

(Investment

1,

Canal

l%s

Series—

(Medium Grade Bds)—1
(Low Priced Bonds)
1

Bl
B-2

Feb.

l%s

Securities—

Fund

Investors

Union Common Stock Fund

Funds—

Keystone Custodian

1%S

Panama

15.64

Fund

Mutual Invest Fund Inc

9.79

Management Fund

Co

1%8 Jan.

Bid

99.16

1, 1952-1950

2%s Feb.

Cooperatives—

32.98

Fund Inc

beneficial

of

Mutual

11.63

Stock and Bond Group—
Investment

point

1%S May

Issues

8.14

interest„l

l

Bond

2.77

shares

Other

Central Bank for

Investors Trust—

Mass

9.58

Railroad Bond Shares— —lc

Petroleum

100.1

a

Bonds—

4.95

shares

Manhattan

5.72

—

32nds of

more

,4.96

9.28

5.21

Merchandising shares
Mining shares

100.1

100

or

Federal Land Bank

4.76

1c

6.73

shares

one

Ask

100
.

3.75

9.78

Investing Company shares —lc

Food

Sept. 15, 1950
15, 1951

Feb.

4.15

4.09

Furnishings shares

Bid

4.17

ic

Business Equipment shares, lc
Electrical Eqiupihant-ahareH.Ic
General Industries shares__lc

Chemical

—lc

Building

1.35s

l%s

Automobile

First Mutual

Figures after decimal represent

Ask

Funds—

Bond

_

Par

(Net Asset Value)

Ctfs

—1

Century Shares Trust
Chemical

Loomis Sayles

Petroleum

Broad Street Invest Corp
Bullock Fund Ltd—

Obligations Of Government Agencies

Fund's—

Mutual

47

tThese bonds are subject to all Federal taxee.

>,

48

(2340)

The Commercial and Financial Chronicle

THE COURSE OF BANK CLEARINGS
Bank

clearings this

week

will

Preliminary figures compiled by

show

increase

an

compared

with

a

year

ago.

based upon telegraphic advices from the chief

us

cities of the country, indicate that for the week ended

Saturday, June 3, clearings

for all cities of the United States for which it is
possible to obtain weekly clearings
will be 5.9% above those of the
corresponding week last

Our preliminary

year.

total stands at $12,428,690,076 against
$11,741,807,696 for the

this center there

is

a

1949.

BY

1950

1949

$6,252,259,457

+

0.1

508,135,909

+

37!4

818,000,000

728.000,000

+ 12.4

386,446,908

356.531,941

+

253,067,490

191,803,837

+31.9

257,400,000

-

221,400,000

+ 16.3

232,755,000

+ 13.2

—

Philadelphia
-

Kansas City

—:
_

San Francisco

Pittsburgh

281,175,345

—

Cleveland

Reserve

Pennsylvania—Altoona

^

249,758,219

,

days
-

Lancaster

Total all cities, five days

■

All cities, one

issue of next week.

«nds

In

the elaborate detailed
able

are

Federal

703,520,005

inasmuch

it appears that in the New York District

Reserve

Fifth

+

Reserve

14.4%.

In

in the

and

the

Atlanta

Reserve District the totals show
there

is

improvement

an

and in the

of

—

9 0

Cleveland
Reserve
loss

a

9.3%,

a

of

in

Reserve

District

0.1%.

the

St.

Week Ended May 27—

OF

BANK

appear

has to

be estimated.

present further below

located and from this
an

District

In

the

totals

record

a

8.2%, but in the Richmond

the

Louis

Chicago Reserve District

Reserve

District

of

11.5%

The Kansas City Reserve District

$

—12 cities
York

12

Philadelphia

4th Cleveland

6th

11

'

'

7

-

Richmond

6th

Chicago

6

Atlanta

7th
8th

9th

St.

$

Louis

Kansas

lith Dallas
12th

4

San

7

——

City

—10

———

—

Franicsco

6
10

York

1943

Federal

$

494,943,578

7.0

527,643,500

396,123,622

6,642,369,456

+ 13.6

7,391,421,465

5,568,286,157

997,279,726

871,934,098

+ 14.4

938,824,922

639,406,065

+ 15.3

822,006,470

641,640,202

0.1

428,486,385

312,206,798

+

M

901,814,787

781,877,994

429,259,584

429,380,893

it
—

613,938,337

it

567,216,908

+

8.2

578,740,258

879,666,030

+

9.3

978,539,636

week ended

•

2,382,625

New Bedford

3,139,930

429,259,584

(6 cities)

Sixth

Federal

Reserve

District-

16,822,929

Nashville

Augusta

Northern
i

9.0

82,852,479

69,909,530

2.6

6,571,232

+

8.8

427,639

426,113

+

16.5

111,640,506

80,322,127

567,216,908

+

8.2

578,740,258

456,209,750

+

2.2

1,442,086

+

5.5

9,766,141

7.0

5,032,494

1,757,993
7,172,462
4,936,650

84,746,873

5,882,252

5,731.961

389,466

357,803

131,461,500
613,938,337

Louisiana—New Orleans
Total (10 cities)

Seventh

Federal

Reserve

5,659,658

District—Chicago—

Michigan—Ann Arbor—
Grand Rapids
Lansing

1,060,104

T

1,037,283

9,517,518

Indiana—Fort Wayne

9,017,897

4,712,711

5,065,003

5,369,680

53,538,000

8,008,690

Terre Haute

6,296,686

2,599,191

3,624,905

27,069,294
13,222,291

5,920,954

4,442,301

3.9

48,432,000
6,115,162

35,891,000
4,048,256
t K 5

27.2

+

54,092,424

3,561,366

23.3

+

—

2,295,926

60,049,800

„

Wisconsin—Milwaukee

—

4,356,542

51,471,000

;

South Bend

+ 13.2

t

11.0

56,494,655

1.8

3,411,936

24,319,537
12,152,325

+ 11.3

28,118,935

8.8

12,272,697

11,423,002

1,130,336

1,275,095

—11.3

749,431,343

682,417,549

+

9.8

1,268,614
778,502,819

957,133
613,848,949

+

55.8

2,839,956

+

5.9

11,123,735

+ 50.9

4,529,642

Iowa—Cedar Rapids
Des Moines

-

City

*

Illinois—Bloomlngton
Chicago

L

4,806,290

+

10,034,811

5,996,996

+
—

3,084,909

10,629,142

3,973,538

1.2

3,267,810

9.3

978,539,636

765,399,603

+

7.6

19.8

+

13.0

—10.7

264,877,517
116,718,167
71,699,691
1,900,684

177,200,000

+

+11.5

455,196,059

313,937,566

5,689,390
169,687,416

3.084,600

961,682,661

879,666,030

+

262,400,000

243,900,000

129,438,620
84,234,216

108,043,377
74,519,738

2,0.17,114

2,258.443

478,089,950

428,721,558

cities)^

39,319,019
2,822,538
21,242,733

2,488,336
8,879,809
3,436,546
2,732,825

3,046,909

—

—

Eighth Federal Reserve District—St. Louis—
Missouri—St.

Louis

Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy

—

Total (4 cities)

8.8

729,521,728

436,539,992

12,781,413,554
6

353,863,210

+ 11.8

+ 10.2

13,925,209,336
6,775,943,075

showing the figures for

Ninth

Federal

Reserve

79,199,166

56,110,371
1,428,029

District—Minneapolis—

St. Paul

each

1949

*

Inc.

Dec. %

3,505,066

—

8.2

+ 15.1

10,317,227.851

234,726,339

4.6

81,409,456

0.2

5,869,156

7.2

2,794,505

59.582,344

5,816,428

5.830,812

2,790,845

3,006,183

3,228,851

2,982,327

+

8.3

2,981,532

9,485,425

7,715,159

+ 22.9

7,040,917

6,083,964

344,446,769

335,551,310

2.6

340,727,841

249,855,715

Helena

—

—

4,067,613

2,518,373
•

2,226,615

4,926,139,896
+

city for the
Federal

Reserve

Nebraska—Fremont
1943

1947

$

$

District—Kansas

1,201,922

4,404,739

3,822,555

+

7.7

444,446,488

338,632,837

1,790,910

+

2.3

1,620,965

Hastings

870,442

\

455,865

1.607.126

+

8.9

1,819,526

+

7.4

8,411,284

5,225,524

389 979

+ 101.6

496,035

328,711

8.7

580.475

339,696

5,462,,747

+

8.2

102,485, 136

+

2.8

6,861,988
104,780,614

7,470,834

105,342,824

Omaha

443, 014

5,912,037

;

7,229,560

7,794, 113

10,306,814

8,998, 305

287,492,188

278,878, 709

10,648,942

—

—

7.2

6,923,749

88,053,694
6,435,043

Pueblo

Total (10 Cities)

.

.

7,718,116

316,262,161

231,939,889

8,257, 400

+ 29.0

10,238,025

2,364, 701

+

4.3

1,811,869

1,801, 081

+

27.6

1,692,183

9,121,965
1,230,165
1,087,067

432,888,685

Colorado—Colorado Springs

12,110,863

3.1

2,298,011

St. Joseph

+ 14.5

2,467,531

Missouri—Kansas City

416,875,190

+

3.8

461,757,962

353,725,185

+

1,304,815

7,291,435

786,246
404.532

Lincoln—

1,280,964

+ 34.7

City—
-

,

Wichiba

1,662,311

416,758,485

761,428

5,905,836

4.9

North Dakota—Fargo

Kansas—Topeka

1.696.125

1.2

+

Montana—Billings

May 27
or

+

—

South Dakota—Aberdeen

Tenth

4,868,923
21,911,725
V 10,067,477
•

23,596,500

1,088,378

494,943,578

25^9

5,840,291

3.489,139

5.5

23,516,372

15,354,906

13.6

+

10,808,936

6,589,270

—

+

0.9

23,059,600

18,061,700

+ 13.1

1,182,546

704,125

-r

+

Eleventh

Federal

Reserve

District—-Dallas—

Texas—Austin

6,870,475

Dallas

265,535.861

Fort Worth—

26,825,800

Galveston.

527,643,500

396,123,622

20,759.535

+ 29.5

5,755.522

4.290,519

20.7

223,826.000

149,740,000

+ 29.2

25,989,021

18,697,586
3,318,000

+

—_

5,364 000

4,964,412

3,565,438

3,550,644

2.203,377

—

9,389,043

8,386,939

+ 11.9

8,476,923

5,647,714

318,949,524

—

262,091,119

+21.7

272,343,110

183,897,196

6.7

109.227,767

Wichita Falls—

7.0

5,304,365
219.913,742

Louisiana—Shreveport

1

Total (6 cities)

4.161,100

+ 23.9
+

39.2

4,745,000

YorkTwelfth

13,293,533

+ 75.7

23,786,203

15,665,220

2,624,714

+ 13.4

2,667,163

1,384,460

+ 20.5

74,731,850

61,160,949

1,401,486

+ 13.6

1,367,464

684,701

1,558,009

6,427,550,344
16,929,070

+ 30.9

1,723,347

1,457.029

13.4

7,149,266,261

5,391,087,955

+

+ 15.3

17,701,474

Federal

Reserve

District—San

Washington—Seattle

10.646,320

10,195,450

+ 34.5

11,185,286

6,762,457

15,913,039

11,918,664

+ 33.5

13,386,172

10,455,712

824,417

689,959

+ 19.5

656,766

513,968

38,863,834

37,836,116

+

2.7

44,682,317

41,851,703

+ 23.7

50,267,162

37,748,878

7,548,540,879

6,642,369,456

+13.6

;

;

—.

,

,

California—Long Beach—

——

Pasadena.

110,072,515

3,060,147

Oregon—Portland
Utah—Salt Lake City

141,094,586

3,365,557
123,526,192

55,421,710
14,337,461

3,131,436

2,539,436

148,712.526

74.049,03}

49,339,068

+ 12.3

48.606,145

36.893,873

11,910,172

+ 20.4

San Jose

-

8.155,088

366.106,923

-

.

7,391,421,465

5,568,286,157

Santa Barbara—.

343,698.042

11,126,538

9.992,944

9,603,989

6.320,64L

+ 19.8

7,280,098

5,268,145

6.5

382,151,823
9,163,063

221,299,697

+

+ 11.3

5,661,6442,602,520

3,538,726

,

Grand Total (112 cities)
Outside New York

tNot

available.

.

3,679,276

+

8.3

7,965,605

7,292,374

730,093,680

670,784,420

+

8.8

729,521,728

436,539,992

14,286,732,132

....

+ 10.9

7,533,570

12,781.413,554

+ 11.8

13,925,209,336

10,317.227,851

7,000,975,634

Total (10 cities)

3,190,272

8,158,371

Stockton

•Estimated.

74.552,563

9.1

+ 14.2

9,773,419

San Francisco.

+
—

30,718.50-3

51,775,506

Francisco

117,475.799

Yakima

76,520,408

2,039,196

I

57,476,105

+
+

4.4

+

19,522,661




3,459,802
3,091,130
74,409,719

+
+

670,784,420

7,285,756,498

Jersey

23.5

+ 21.4

2,914,509

5,349,872

13,710,037

New

47,249,462

212,900,000

3,844,916

Mississippi—Vlcksburg

10,316,293

63,923,739

5.1

75,680,338

Mobile

14,463,962

17.2

92,336,077

Alabama—Birmingham

Sioux

+ 19.5
+

3,598,536
—

86.566,545

1,592,637

Total (12 cities).

312,206,798

—

223,600.412

92,207,642

Newark

423,486,385

91,864,623

Macon

Florida—Jacksonville

5,920,613

2,975.719

Jersey—Montclair

46,565,648

0.1

179,200,000
3,544,681
2,105,781

82,575,621

23,359,693

Connecticut—Stamford
New

160,632,174

59,498,810

112,851,548

4,015,112

234,628,988

_.

Syracuse

2,343,708
240,378,435

—

63,109,354

Minneapolis—..

529,747,480
District—New

+

203,900,000

183,897,196

1,230,956

Total 12 cities)

2.4
7.3

11.9

+
—

14,079,601

73,967,342

193,600,000

Georgia—Atlanta

353,725,185

•I 23,391,700

Hampshire—Manchester

1,795,684
8,014,000

92,604,231
2,595,061

ta—

Tennessee—Knoxvllle

272,343,110

11,440.259

Island—Providence

.

429,380,893

461,757,962

6,127,829

New Haven

Rochester..

69,148,774

3.8

20,696,694

__

Connecticut—Hartford

New York

229,432.231

77,387,648

+ 21.7

7,827,941

Springfield

Jamestown

3,123,726

211,541,694

Columbia—Washington

+

1,750,954

_

112,693,313

262,091,119

1,832,361

Elmlra

2,626,119
10,446.000

6.4

416,875,190

313,937,566

448,832,833

Binghamton...

17.4

+

Minnesota—Duluth—;

1,025,451

Buffalo

+

249,855,715

District—Boston—

York—Albany.

+ 15.4

9,867,000

115,744,941

*

years:

Fall River

New

2,064,221

11,588,000

123,159,687

340,727,841

statement

Lowell

3.667,463
5,752,672

District—Richmond-

455,196,059

4.033,923

Reserve

822,006,470

2.6

1,556,579

Federal

+15.3

730,093,680

Massachusetts—Boston

Second

781,877,994

313,949,594

Portland

New

10.8

+ 11.5

tt

.Maine—Bangor

Rhode

+

+

it

detailed

;

293,237,185

5,182,201

129,579,033
243,447,039
18,967,700

35,691,000
4,548,368
5,558,704
287,629,435

428,721,558

$

Worcester

641,640,202

31.5
38.7

335,551,310

at—
Reserve

235,044,044

+
+

478,089,950

May 27 for four

Federal

+ 50.1

4,025,077
6,837,585

344,446,769

1950

First

31,884,400

432,888,685

it

it

Week Ended

Clearings

6,703,634
168,923,672
312,946,339

765,399,603

7,000,975,634

our

6.6

18.3

+ 13.9

456,209,750

961,682.661

City

add

now

+
+

901,814,787

Reserve

Total (7 cities)

We

5.990215

153,260,975

Virginia—Huntington..

1947

$

529,747,480

14,286,732,132
New

or

Dec. %

7,548,540,879

Total
Outside

Inc.

2,070,924

286,642,557

325,044,261

(7 cities).

Total (17

it

V

639,406,065

Rockford

i

it

10
—17

——.

Minneapolis

10th

CLEARINGS
1949

Reserve Districts

New

5rd

938,824,922

9,481,549

Indianapolis.

of

Federal Reserve Districts:

1950

''

2nd

4,788,111

+14.4

5,291,956

Springfield™

Federal

9,038,841

871,934,098

Decatur

summary by

SUMMARY

1st Boston

5,113,633

47,873,700

Peoria

furnish

7,095,133

13.2

the week

as

has managed to enlarge its totals
by 3.8%, the Dallas Reserve District by 21.7% and

we

25.3

+

5.9

+

the San Francisco Reserve District
by 8.8%.

following

+

6,338,277

Maryland—Baltimore

(including this city) the totals register

Minneapolis Reserve District of 2.6%.

In the

3,338,863

7,599,786
5,514,760

District—Cleveland-

South Carolina—Charleston

6.8

in the Boston Reserve District of 7.0% and in the
Philadelphia

District of

gain of 15.3%

2,575,675
4,285,971

997,279,726

Pennsylvania—Pittsburgh

give final and complete results of the week previous — the week
ending May 27.
For that week there was an increase of
11.8%, the aggregate of
clearings for the whole country having amounted to
$14,286,732,132 against $12,781,413,554 in the same week in 1949. Outside of this
city there was a gain of 10.2%, the
bank clearings at this center
having recorded a gain of 13.4%. We group the cities
are

3,926,867

+ 10.8
+ 29.4

Youngstown—;

Total

by the foregoing will

according to the Federal Reserve Districts in which
they

4,635,269

2.8

3.006,547

181,344,317

West

we

613,000,000
2,161,595

2,448,472

Virginia—Norfolk

statement, however, which

2,496,982

326,390,727

6.8

cases

6.2

3,766,223

Mansfield

to

increase of 13.6%,

5,471,194

14.6

+

6,240,037

Cincinnati

not available at time of going to
press.

are

+

—

9,558,628

(11 cities)

6.6

the last day of the week in all

—27.6

778,091

1,054,319
3,992,394
901,000,000

2,605,700

Jersey—Trenton

+

furnish them today,

599,483
621,895

+

2,713,945

+

the week covered

cannot

Saturday and the Saturday figures

Accordingly, in the above
we

We

1.461,809

+ 58.1

—

4,871,640

1,917,089,712

$12,428,690,076 $11,741,807,696

Complete and exact details for
our

1,138,529

11.3

705,331

4,281,166

Wilkes-Barre

Total

?

5.2

1,147,063

837,000,000

York

District of

in

1

1.393,893

5,318,062

Cleveland

+67.9

639.922,399

194T

*

''

2,766,449

Scranton

$9,121,197,979

day

Total all cities for week

'

3,097,783

_

+20.9

138,342,975

$11,788,767,677 $11,038,287,691

-

'

959,000,000

Philadelphia
Reading

Richmond——

■\f.

1948

1,276,296
_

2,043,037.108

-

May 27
or

1,320,724

Bethlehem

$9,745,730,569

Other cities, five days

■

Monday, June 5, 1950

1,116,157

_

Chester

Fourth

+ 12.6

242,160.641

232,329,938

Baltimore—

'

.

Dec. %

$

District—Philadelphia—

Ohio—Canton

8.4

292,876,393

-

Ten cities five

Federal

Columbus

263,585,000

-

Inc.

.

%

$6,262,454,935
698,394,560

_

,

St. Louis

Third

Total

TELEGRAPH

1949
...

New

CLEARINGS—RETURNS

Boston

At

.

Week Ended June 3—

New York

in

Our comparative

^

$ ....

Delaware—Wilmington

summary for the week follows:

Chicago

week

same

gain for the week ended Friday of 0.1%.,

Week Ended
1959

.

6,353,863.210

+10.2

6,775,943,075

4,926,139,896

Volume

171

1

Number 4913

..

REDEMPTION

PARTIAL

Foreign Exchange Rates
the

Secretary of the Treasury the buying rate for cable transfers

give below

Chicago, Burlington & Quincy RR.—*
1st and ref. mortgage 3Ve% bonds, due

for the week just passed:

EXCHANGE

CERTIFIED

RATES

FEDERAL

26,

1950 TO JUNE

MAY

RESERVE

BANK

TREASURY

TO

UNDER

TARIFF

OF

ACT

1930

Co.—

Fuel

Colorado
1st

Iron

&

1
1
1

series E,

bonds,

3%%

mortgage

Cites

1950, INCLUSIVE

1,

Terminal

Union

due 1969
Aug
mortgage 2%% bonds, series G, due 1974——Aug
Service Co., 3% s. f. debentures, due 1977
July

1st

BY

1

1st and ref.

1st

FOREIGN

1

Aug

1985

& Western Indiana RR.—
mortgage iV*7o bonds, series D, due ]962_Sep

Chicago

We

Cincinnati

a record

Corp.—

bonds,duel964_July

4%

trust

mortgage and collateral

1
3
1

1st mtge. 3Va % bonds, due 1971—July
Hudson Pulp & Paper Corp., 3Va% debentures, due 1966_July
International Rys. of Central America—
Georgia Power Co.,

Noon

Buying Rate for Cable Transfers in New York

Country and Monetary Unit

Value

United

in

States

Money

4%

v

■

Power

Kansas

May 27

May 26

May 29

June 1

May 31

iMay 30

due

debentures

1st

&

18$7

Jun 19

2197

Co.—

bonds,

27/b %

mortgage

1994

6

preferred stock, series A_Jun

2nd

Light

2 IS#

Jun 15

1961—

4%

Johnson & Johnson.

.

*

J

.

the different countries of the world.

on

Date

Company and Issue—

Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
to

49

.(2341)

The Commercial and Financial Chronicle

.

1979

due

■

Argentina,

,

Preferential

'

.297778*

.297778*

...297778*

.206949*

.206949*

.206949*

.206949*

"B"

*

.

.174562*

Special

Closed

2.231573

.0199035

Brazil, cruzeiro

'•

Decoration

.1)199125

•

.0544060

Day

.0544060

.0544060

.

Virginian Railway—
1st lien & ref. mtge. 3V*%

IK*

.909090

Free

.900625

Ceylon,

rupee

J

koruna

Denmark,, krone

Mexico,\ peso
Netherlands, guilder
VNew

i

^

Union of

•

;

"■';/.

.00285625
.208700

.208700

.115613

+ .115613

.262744

'

T",

+496250

Day

.140154*

'

.

:

;

'rV*

/ *'

4

2.800742

:

•

-

;.y

.

.0347375

..

.

-1st

■

Decoration;

7 I

'

.561797* t

.

■'':•

.561797*t

.425531* t

'i

v

■■

.■■

Porto

tApplicaUon

depends

upon

.561T97*t

'•>

.42553l*t

t

Rico

Service

1st and

(In

thousands

of

4%%

Demand

Assets—

Total
Other

F.

lor

520,630

gold ctf. reserves

22,998,058
182,184

cash

and

advances

Industrial loans

306,399

!

960

—

22,963

—

67,884

—

147,599

+

200,309

+

118,071

—

28,988

—

71,068

—

Time deposits increased

4,068,875

Certificates

5,874,850
-—

1,643,700

securities.

17,389,325

——

_„

5,801,900
Total U. S. Govt,

73,000

+

—

60,200

210,260
980,250

—

18,500

+
'+

+

—2,377,610

total ©£

a

Due

from

securities—

17,698,309

foreign banks
of other banks—

33
94,027

Notes

R.

F.

and

Uncollected items

Bank

2,373,203

r_—

34,804
144,342

premises

Other assets
Total

,

assets

-f

■

2,415

,+

31,920

4,035

;

May 24,

May 17,

1950

1950*

-2,407,199

37.511

Loans and Investments—Total

Loans—net

—-—

Loans—gross

->

Liabilities—
Federal

Loans

22,835,733

notes—

Reserve

+

123,230

—

U.

bank—reserve

acct—

Treasurer—gen.

S.

acct.

Foreign
Other

„

108,278

—

18,722

+

Industrial, and

to

Other

34,813

17,655,441
Deferred availability items—
2,136,939
Other llab., incl. accrued divs.
14,264
—

—

—1,954,139

223,434

+

+■

1,605

U.

S.

8.

for purchasing

Capital Accounts—

215,857
488,173
27,543
151,010,

Capital paid in
——
Surplus (Section 7)
Surplus (Section 13b)—
Other
capital accounts——
I

Total liabilities & cap. accts.

43,524,960

11,365

+

49

+

21,462

+

notes

—

16,940

+

3,965

—-

of

gold

certificate

——.

56.8%

0.3%

—

3.0%

+

Commitments

to

5,218

;——

make

+h,:

208

—

10

1,286

—

6

—

1,089

—

+
+

+
—

+
—

adjusted

47,398
15,550
2,183

—

—

Foreign banks

8.576

and

U.

8.

Govt,

-f- 1,015
+
+

+

531

+
—

88

+

reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
ended May 24: Increases of $140,000,000 in loans, $143,000,-

securities,
and $465,000,000 in demand deposits adjusted, and a
decrease of $531,000,000 in demand deposits credited to

000 in

j

holdings of United States Government

domestic banks.

Commercial,

C

industrial,

creased $15,000,000 in the
000 in Chicago,

of

and

agricultural

loans

de¬

San Francisco District, $9,000,-

total
"Other

$8,000,000 in New York City, and a

$18,000,000 at all reporting member

banks.

loans" increased $48,000,000.

Holdings of Treasury bills increased
York City,

$83,000,000 in New

$46,000,000 in the Chicago District and $28,-




Anglo-Chilean

(r $1.50
25c
25c

Arcade

4

(quar.)

preferred

Arcady

Farms

Arkansas
Atlantic

390

Fifth

3 V-2%

Avenue

1st

leasehold

(quar.)_

A

(Hartford) (quar.)

Insurance Co.

6-17
6-16

7- 3

8-16

7- 1

6-16

(B. F.) & Sons Co.—

Avery

took

Directors

action

no

declaration

f'
of

Canada,

Bastian-Bies&ing
Beatrice

'.

•

pfd.

.

;

.

convertible

preferred

.

,

-

•
••

(s-a)

$$1.75
75c
50c
84%c

<quar.)_

common

•:

•_

was

Co.

Foods Co.,

/:%?

/ i'l <:•?,

'

sue-

7%

Ltd.,

held,

second

payment

the

omitted.

preferred.:,;

meeting

a

the

is

that

quarter

the

on

at

This

22nd.

May

Barber-Ellis

(quar.)

.

'•

7-15
7- 1
7- 1
7- 1

convertible

Oil

Co.

Canada, Ltd.

Brook.

(s-a)

Management, class A
Water

•

•

Co

6-16
6-15
6-15
6- 8
5-15
6-12

$2.50

6-15

6- 5

6-10

6- 6

6-30

6-15

50c

—

—
—.—_____

7- 1
6-30
6-30
6-15
6- 1/
6-22

35c

(quar.)__

(quar.)

6-16

25c
12V2C
2%c
10c
15c

10c

preferred

7- 1

125c

——.—

common

(quar.)

Company
Diamond Corp

Manufacturing

British

Columbia

Page

2039—Jun 15

2202

Co.,

6-30

6-9

-$$1.19
$$1

7- 3
7- 3

6-29
6-29

Class

4%

Ltd.—
•
—_

Columbia Power Corp.—
A

$40c
Mines,

Ltd.______

Distillers Corp.,

com.

Erown

&

Sharpe

Mfg.

Terminal

Bldgs.,

6-30

8-1

6-30

20c
$1
10c

7- 1
7-1
7- 1

6-15
6-15
6-15

7%

30c

6-10

6- 3

—

Co.

50c

6-12

6- 1

(accum.)—

$1.75

7- 1

6-15

(quar.)_;

Burgess-Manning
Bush

(quar.)

preferred (quar.)
Junior preferred (quar.)

7-15

$2c

(quar.)

Porcupine

1996

—Jun 20

Co

(quar.)

(quar.)

preferred

4%

<quar.)___.

Electric

preferred

Eritish

$4

Date

Light

Gas

Briggs
4%%

6-30
6-16
6-14
6-14

$15c

Black-Clawson
Blue

6- 9

7- 1
7- 3

25c

..

6-30

25c
tl5c

(quar.)
Co., Ltd., class

Brown-Forman

TENDER

bonds

25c
50c

CO.

B

Broulan

Corp.—

mortgage

15c
(increased)

Co.

Gas

6-15
6-10
6-23
9-23
12-18

ilOc

Co.

Bridgeport

given in the "Chronicle."

Philadelphia Transportation Co.—
Consol. mortgage 3%-6% bonds, series A, due

Corp.— ( 4V-/>

Gas

Construction

Fabrics

Class

30c

...

-

6-30 r
9-30
.12^23.
6-30 "6-23
12-23
12-18
5-31
5-26
'• '? ;
;
6-30
6-15
6-30
6-16

$1
.:$3
$3

-

(quar.—

(quar.)

Western

Metal

Auto

(s-a)

Natural

$1

v; $1

Milling

preferred

.

;

6- 9

7- 1

_

ing tenders, and the page number gives the location in
(except where indicated) in which
OF

■

i

(quar.)
preferred (s-a)

658

bonds, notes,

-

7- 3
6-20

—„—-

(quar.)

Tobacco Co., 6%
pfd. (quar.)
Wringer
:
Nitrate Corp. (interim)
Cotton Mills, common (quar.)

on

the current volume

NOTICE

4

6- 3
6- 6
7- 5
6-1
6- 8
6-8

7- 1

Bound

and Issue—

6-15

(quar.)—

;

7-1

dividend

preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

Company

6-14
7-15

$1.75

6-15

6-12

75c
25c

.

Bondholders

the details were

25c

6- 8

7* 1

60c

Art

;

5-31

6-15

6-15

*""31.50

(bi-monthly)

preferred (quar.)_
Bingham-Herbrand Corp.,

be found a list of corporate

6-20

Steamship Co.—

5%-

.

7- 1

75c: '

"$1.50

3%%

ft-.

6-15

7*.l
6-20
7-1
6-22

$1.75

(

Common

l

7-17
8-31

37Mic

common

Belgium Glove & Hosiery Co. of

•

7-10

25c

;

Company

preferred

6%

43
93

6-16

•

15c

(quar.)—

common

American Paper Goods, 7% pfd.
American Snuff Co., common.

Arkansas

•

6-16
6-16

1

$1.25

Co.—

Ry.

(irreg.)

^Quarterly

5%

Below will

Co.,

6%
'

7-

1

15c

6%

v

6-30
7- 1

6-26
6-10
-6-15
6- 6
6-20
.7-3
8-15
"•
6-9

—

Electric

Co.

(quar.)—

News

Payable 0/ Ree.

$3
$2
15c
25c

'

Common

*

Notices

an¬

Holder9

When

.

.

50c

.

Factors

Common

(Cleveland District),

'

(qimr.j——

Co

Corp.,

Felt

.-

10c
62V2C

American

22,528

v•

Per

Share

-

(irrcgj

(quar.)

preferred

Bishop

.

we

^

Valley

Board

Bosch

996

Redemption Calls and Sinking Fund

dividends

the

Then we follow witb
show the payments previ-

(quar.)

Logan
Box

272

statement of weekly

1

i

all

American
•7

Condition Statement of Member Banks
The condition

&

preferred

6%

accounts,
—

figures revised

17

465
61
57

accounts, except

during week
•May

—

1,259
323

—

...

demand deposit

interbank

indicate

we

Surety

&

Mills

Paper

cessive

r~—

—

—

Borrowings
to

+
+
—

'

J

216:

grouped in two separatei

are

4

Insurance

-Automobile

8.

Debits

indus¬

trial loans

—

Domestic banks
-

purchased for foreign

correspondents

banks

deposits, except Government-——
Government deposits
Interbank demand deposits:

U.

to

88—
143
15
—
594
13
+ 4,771
57
— 1,785
14
+ 1.171
58
— 1,356
11
—
_9
228
+
j71

+

Liabilities—

Contingent liability on accept¬
ances

Banks——

Time

re¬

deposit and F. R.
note liabilities combined
serves,

Reserve

vault

Demand deposits
Ratio

+
—

5,608
11,833
779
2,120

—

with Federal

in

48
143

24,188

Balance with domestic

—2,407,199

37,511

indebtedness—

Other securities
Reserve

+
+

+

I

;

63
86
+
r493
+
80
+ " 884
+ 2,249

2,060
4,402
5,744

—

of

.

354
514

4-

+

364

bonds

S.

Cash
+

Allied

American

—

+

4,755;
36,394

securities—Total—

certificates

—

3
35
13
59

—

V 4,576

bills

U.

+

137

•

Government

*

9
15

—

523

—

-

loans

Treasury

—2,456,966

41,525

42,642,377

-

Life

American-Hawaiian

269

V'.!-

carrying:

loans

estate

Treasury

....

or

—

•

,

.

538
1,116

obligations—
,

Treasury

Total liabilities

(

18

>

.V

1996

C. 6%
preferred (quar.)
—^
r American
General Insurance Co., (Houston)

pur,

Loans to banks

Other

15,801

863

for

obligations—.

i——

Government

192,086

59,542

—

loans

A, -due

series

in which

table

American

4,705
1,285

■+• 1,371

—

■

issue.

this

first

the

Casualty

7%

i

carrying:

or

Government

U.

10,207
+

bonds,

in

American

140

167

1
;

American Dairies, Inc., com. (increased quar.)

1949

+

..——25,368
agricultural

dealers

and

brokers

Other securities
Real

Total deposits

8.

534,962

—

second

5%

May 25,

+

,>

,f

;

r

ously announced, but which have not yet reached theter

.'American

+

24,984

Other securities

—2,262,202

159,305

15,813,832
587.526
987,980
266,103

-

Since

+

+

13,359

chasing

520,233

U.

Member

;

f
Allegheny & Western Ry. Co., gtd. (s-a)—«
•4 Allied Chemical & Dye Co. (quar.)

dollars)

of

,

.

bonds, series A, due 1990_July

during the current week.

Aetna

or

297
140

66,986

——

-—-

!

:

Commercial,

Deposits:

millions

(In

Assets—

loans
■

In

Altoona

3,182

63

*

■•'lttN

1

Jun 26
Water Associated Oil Co.,($3.75 preferred stock—July
1

American

33,140

—

43,524,960

-

17,469
271,676

—

: *•
July

'

stock

preferred

RR.—

mortgage 4%

Aetna

the assets and liabilities of reporting

16

4

•••;

—

f

h

216)

July M

bonds, due 1966-

Aeronautical Securities, Inc.

member banks follows:
Dec. (—)

i

;-I®96

4 '■;K

Co.—

Co.—

Ry,—

1

payment date.

$88,000,000 at all reporting member banks.

2,228,045

299,609

+

;

Minneapolis, and

J

loans

Line

.July

—

:-.4V" V4

A summary of

due

6s,

2296

*

■

Name of Company

Inc. ( +)
Total

a

De¬

Borrowings increased $39,000,000 in New York City,
$34,000,000 in Chicago, $21,000,000 in

2199

Jun 22
1952—July 1
'"vf\

Dividend announcements

all districts.

—2,471,700

99,300

+

Air

nounced

deposits credited to domestic banks decreased in

mand

1,284,600

52,400

—

Southwestern

tables.

$61,-

decreased $57,000,000.

Government deposits

States

2149

DIVIDENDS
•

United

interbank.

was

mtge.

convertible

in

$282,000,000

increased

$41,000,000

which

of

000,000,

1,966

+

the St. Louis District.

in

-

47,003

—

2,585

—

Notes

$

y.y.

;

22,003

—

adjusted

deposits

0

i

'fcl99

—:

1955

Gas

&

Controls

cumulative

•Announcement

•

City, $82,000,000 in Chicago and $31,000,000

New York

securities:

U. S. Govt,

Bills

1949

,

R.

—

Discounts

$

22,477,428

fund

Redemption
notes

1950

$

certificates

Gold

June 1,

May 24,

Tide

banks. ' Holdings of

•

decrease (—) since
1950

c

due

General end ref. mtge. 5%

net increase of $88,-

districts; there

Electric

United States Government bonds increased $57,000,000.

Increase (+) or

.

was a

all reporting member

bonds,

refund, mortgage

Seaboard
1st

'

dollars)

Ma y 31,

<

$ City* and decreased $23,000^000 each in " the "Richmond
000,000

144*
2699

)

1978..

due

Co., 1st
Coal- Co.— -

Robertshaw-Fulton

'><:

000,000 in IheyNew York District outside of -New ' York
and Atlanta

^ Reserve Banks Combined

bonds,

Coke

&

1st; mortgage

v<8t. Louis

Statement of Condition of the 12 Federal

Gas

Consolidated

Public

/-

.

1441

1976, 1978 and 1979——.—Jun 24
serial notes for 1951-1956—_Jun 94

Co.,

3K»%

mortgage

5%

-

of merchandise.

type

1st

cpxatt

i

♦Nominal.

1993

'■>

"

.658327* +

,

■;
-

.425531*+

•

•■'■'•

'

:

'

.561797* t

-

•*425531*t'V

i
...

2.800742

2.800742

:n'y .568327*t

^58327*$

1«9*

Oklahoma Gas & Electric Co.—

.232500

2.783750

219*

bonds, due

mortgage

Public Service

Ohio

",193329*

1.232600

8
30
30
30
1
"8
1
20

Ohio Public- Service Co.-—

.328250

•

V;

.193329*

Closed

2:800742

:

v

.328250

2.783750

2.783750

-.658327*tf:.

——

i ft.

^32766

''.?>?■

Closed

2.783750

_

V
ft

'•'ift// '. ft'•/.

.193329*

Corp., class A

T991

4

:

'■

1

International

*

,,•..496250

,

,0346892

.0346357
.328250

.232675

-

Africa, pound—
United Kingdom, pound sterling—
Uruguay, peso
\_rr. 1
Uruguay, peso

•

J-v.

l Coca«Cdia

2.772896
•

cum.

«Beneficial Industrial Loan Corp.,. $4 preferred

>.262733'

,140154*

Decoration

.496250

.

2.772896

Closed

.140154*

r

pfd. stock—Jun
stock——Jun
stock
—.—Jun
GuantahJamo Sugar Co., $5 cumulative preferred stock—Jun
Clapton .((Thomas J.), Inc., 6% preferred stock—-—July
Lit Brothers, 6% cumulative preferred stock—
—Jun
(Marion Water Co., 7% preferred stock—
————July
4
Mt. Vernon-Woodberry Mills, Inc., prior pfd. stock
Jun

,00285625

2.772896

.328250

k193329»

South

Uruguay, peso

r:

Paid*

Date

■

Gas & Electric Co.,-~4%%

( American

,144938*

;144938*

•

-J

Settlements, dollar
Sweden, krona
Switzerland, franc

r

"

r

.0345600

—

Btraits

i

■"■■it-

.496250

peso_„

.%}!

Closed

-.140154*

Philippine Islands,
Portugal, escudo
f

:

2.772896

krone

..0200600

.

.1156)3

■"'7.

.262700

>

and Issue—

Company

V.208500

.0200600

J90285625

,

.1109700

,

i

.

.144938*

"iaAS ■v.i

'•}

'•

.,

.115653

Zealand, pound-,

Norway,

-

.0260600

.262762

;<

2293

CALLED

.'ENTIRE ISSUE

.208700

.00285625

r

199*

1

-v-

■4>v

.144938*

-

(Metropolitan), franc__
India, Dominion of,• rupee________

1

July

series D, due 1967

bonds,

,898828

s

.208500

.208500

7

.0200600

France
"

■'*

:

■

*

".*898750

;

July

1973—

due

Corp.—

mortgage 3V*%

.909090

1909080

.909090

-

,

.900625

.208500

Czechoslovakia,
*

.

Steel

"Wheeling
1st

Official
-•

bonds, series C, due 1973-Jun 16

25-year debentures,

2.65%

.0544060

.

*

Jun 30

1964

due

2198

Canada, dollar—

-

Inc.—

Copper

-Westinghouse Electric Corp.—

.0198946

.0199000

Co.,

mortgage leasehold bonds,

& Brass, Inc., 51/4% preferred stock—Jun 30
Tide Water Associated Oil Co., $3.75 preferred stock—July
1

2.231573

r

2,231573

'

franc

1st

.138958*

.138958*

.188958*

Closed

2.231573

Park-Lexington
Revere

.1T4562*

.174562*

.174562*

.138958*

Belgium,

t

$

$

$

.297778*

"A"

Australia, pound

i

■$

"

:

Preferential

.

$

;

peso—

Basic

pfd.

■

Chronicle

The Commercial and Financial

50

Share

of Company

5 'A %

conv.

Starch

Canada

Steamship

5%

1

7-14

6-23
6-

3

6-10

$10c

7- 3

6-10

Helme

J40c

7-

3

6-20

Hercules

150c

7-

3

6-20

Hickok

1$2

7-

3

6-

9

1 $ 1.25

7-

3

6-

9

Carnation

Products Corp.

Co..—,..

Belt

Co.

Rivet

Gas

Extra

A
A

Power

6-10

$4.80

1

6-10

6-30

6-20

$5.50

6-15

6-

1

7-

1

6-20
6-12

Kaynee

$1.75

7-

1

6-16

$1

7-

1

6-16

35c

6-20

Rendering

&

25c

V;-

Diamond

77-

1

6-

$1.50

6-15

$1

6-15

Lord

5

25c

6-15

5-31

■;/;.-15c

6-16

6- 6

125c

7-

1

6-17

7-

3

6-15
6-

25c

6-15

6-30

50c

6-15

25c

7-

(quar.)—

(quar.)

preferred
Hook &

5

6%

1

6-16

1

6-20

15c

7-

1

6-15

7-

3

6-26

7'Ac

7-

1

6-

9

7-

1

6-

9

Stock dividend
for

McGraw

shares of

A

6-30

6-

Meadville

$1.07

6-30

6- 9

9

50c

7-

1

7-

1

6-

5%

9

7-

1

6-10

7-

1

6- 9

50c

6-

6-

9

7-15

preferred

non-cum.

Foundries
Glass

&

1

5-31

7-

6-20
6-

7-

1

6-12

7-

1

6-12

7-

.3

f

7-15

144c

7%
Duke

Power

Co.,

7-15«

6-30

7-

3

6-10

7-15

6-28

7-15

6-28

7-

1

6-15

$1.75

7-

1

6-15

$1.25

7-17

6-15

25c

(quar.)

common

6-30

6-15

6-30

6-15

135c

common

75c

—

7%

preferred iquar.)
—
Duquesne Light Co., 5% 1st pfd. (quar.)__
Easy Washing Machine Corp., class A
Edison

(Thomas

Class B

6>A%

A.),

America
Consolidated (Seattle)

Company,

6-5

6-1

Common

7-

6-23

4%

7-

preferred

2

1

7-

6-30

6-19

6-30

6-19

7-

1

6-19

y 7-

1

6-19

683Ac

—

J 26c '

7-15

20c

(quar.)_

6-15

Co

35c

-

Family Finance Corp., com. (increased quar.)

7-

6-

1

6-15

6-

1

5-24

7-

1

6-26

$1.06'A

____

1
1

.6-15

10c

9-

preferred

9-

1
1

16 to

.<8-15

7-

1

7-

1

6-14

7-

1

6-14

l orry

3 'eld

,1
.

1

Cap &

,

,

•

,

(see Marshall

6-

5-

1

7-

1
6

15c

6-15

B

7-

1

(National

Corp

5

7-

1

6-15

(quar.)
(quar.)

25c
75c

7-

1

F.ji't Wayne & Jackson RR., 5'A% pfd..(s-a)

9-

1

New

N.

8-21

F

L

Machinery & Chemical Corp.

v'bes & Wallace, $3 class A
.iter

Klelser

&

Foundation

I

the

of

Loom,

Railways,
Electric

General

$3

Inc.

Georgia

Marble

Co.

pfd.

(s-a)_

(quar.)
_

Golden

Golden
New

Gray
Great

common

Lakes

Common

Class A

Ltd

$1.50

6-

15c

6-

1

60c

7-25

6-

6-

1

preferred

North

7-

3

$3

6-26

50c
,

20c

7'Ac

3

6-

6-15

1

3

6-19

6-23

American

7-

$40c

*62 'Ac

(quar.) —<

6-30
6-30

.

66-

9
9

Natural

Ohio
Ohio
"

&

Brass

Class

Quarterly

J$5

—

Greening (B.)

Wire Co., Ltd.




(quar.)

7-

3

6-20

$5c

7- 3

6-15

6-15

7-

1

7-

1

6-15

10c

7-

1

6-20

50%

7-

1

6-15

7-

1

6-20

25C

Tooke

6-10

Trans-Canada

6-10

^

Series

A

1

6-16

6-30

6-14

7-

1

6-17

7-

1

6-17

a

75C
15c

$1.12

v

6-17

6-15

25c

7-

1

6-15

*25c

7-

3

6-

9

(quar.)—

6-

1

6-16

3

Semi-annual

6

Union

Bag & Paper Corp.

Union

Gas

1

6-15

7-

1

6-15

United

6-20

ri

6-12

United

(quar.)

&

United

Piece

6-10

6-30

6-10
6-

35c

6-27

6-15

6-15

Co.

7-

3

$0,452

6-

1

5-15

*$1.75

7-15

6-30

—

—

5-27

5-17

50c

6-15

6-

20c

6-

1

5-15

$1.25

6-

1

5-15

7-15

6-30

6-30

6-

9

6-

9

6-15

United

6-28

6-15

15c

1

6-20

Upson

25c

6-22

6-8

25c

7-15

7-

$4.25

Utah

(quar.)_
(quar.)

$1.06'A

7-

1

6-15

7-

3

6-15

Co.—
40c

6-26

17'Ac

■7-1

6-

6-12

Victor

7-

1

Equipment

5

6-

5

7-

1

6-15

6-15

6-

J56c

7-

6-15

*20c

9-15

9-

1

15c

6-20

6-

5

7-15

6-30

50c

(quar.)

Manufacturing

Viceroy

6-

6-15

25C

(quar.)

6-15

75c

Inc.

6-15

20c

.

(quar.)

of Canada,

V>

6-15

Lake

(Salt

Co.

quar.)

Veeder-Root.

1

-7-

13c

Insurance

9

6-15

1

7-

$1.12'A

(quar.)

6-

7-, 1

25c

Verney Corp.

7

6-15

7-

20c

Fire
Co.

6-15

25c

______

preferred

(initial

Hotel

6-15

9

$8.75

pfd.

(quar.)__

Co

Utility Appliance Corp.—
$1
convertible preferred

5-31

6-15

-

4'/2%

Home

City)
Utah

Wire

Steel -&

;

25c

Universal Winding Co

7-

30c

;

s-a)

___

Y.)

(N.

5-31

6-30

7

9

tlOC

——

Works,

Dye

6-15

Co.,

7

6-30

(quar.)_

Manufacturers

Merchants &

United

Trust

9

6-20

common.

Fund

5-31

S.

6-

5oc

(increased

Share

6-12

U.

9

1

7-

$1.06'A

(quar.)

(Kansas),

Income

Bond

6-

$1.12'A

—

_______

System

preferred

7-

.

,

6-15

.

30c

6

6-14

5%

9

6-

.

.

6-

6-30

9

6-

$1

6-

1

6-

9

6-15

30c

Ltd., 7% pfd. (quar.)
City Fire Insurance Co. (Minneapolis)

Twin

3

7-

25c

(increased)

Tobacco Co.,

Tuckett

7-

50c

7-

933Ac

I

6-13

7-

87'Ac

15c

4

$1

•

6-17

6-28

Shares—

6-15

*60c

6-17

1

7-1

25c

—__

_——

6-20

-

1

7-

25c

Inc.—
(quar.)—

15c

(accum.)____

7-

75C

(resumed)common—'

62'AC

(s-a)__

$2.50
lOc

6-

9

.Vulcan

j,

4'/2%

a

(quar.)

pfd.

Ltd

Co.,

Co.

7-

$1.50

1

1

I

6- 2

•

■

Oneida,
6%

25c

i

6-

5c

Co.

(annual)

common

&

6%

preferred

Ware

River RR.

6-

■<

50c

(quar.)

■

6-

6-12

Co._____.

6-15

6-

,6-

3

*$1.25

7-

3

Co.

Electric

Penn

Power

4V2%

preferred (quar.)
—
Utilities, $6 preferred

6-15

Water

Service Co.,

Ontario

Steel

Products,

7%

preferred
Coast

Ltd.,

common

.

*75c

8-15

7-14

*$1.75

(quar.)

8-15

7-14

8c

6-22

6-

$1.75

.6-30

6-15

$1.50

7-14

6-30

$5

Pacific

6%

Aggregates,

Inc

Western

Condensing

Telephone & Telegraph Co., common

preferred

(quar.)

/

(George),

Wheeling
$5

Steel

Corp.,

prior preferred

new

com.

6-16

35c

7-

1

6-15

6-30

6-12

1

6-23
7-15

i6-20

7-15

6-20

7-15

6-20

1

6-J5

$1.12'A

(quar.)

—

...

*

—

$1.50
30c

common—

7-

6-20

6-

6-

9

6

$1.12»A

7-

1

6-15

$1.25

7-

1

6-15

25c

6-16

6-

1

*25c

(quar.)

(quar.)—

■

$1.05

—

Co. ..(reduced)—

Ltd.

5-31

6-

6-15

$1.02 »A

:

preferred
(quar.)—_.—i
preferred (quar.)

Weston

8

5

45c

<quar.)_
(quar.)—

Texas

Virginia

7-

45c

I

(quar.)

preferred B

West

5-31

I,-

25c

common

preferred C

West

5-31

6-30

—_

4.20%

<

5-31

6-30

$3.50

(quar.)

Co.,

6-20

6-30

5c

•

.____

——

Co.

1

6-30

62'Ac

Snowdrift——.

Pe*n

6-16

7-

5'c

.

a

—.—

4.10%

«

3

6-15

&

West

5-31

8

Wire

Oil

1

30c

(quar.)
(s-a)

6-30
6-15

7-

25 c

LI—
:.

(quar.)

7-15

6-30

7'Ac

■a

Products, Inc., cl. A (quar.)

West

6- 8

*37'AC

.

Debenture

,

6-24

*31'Ac

,

(quar.)

6-24

Wesson

7

6-16

7-1...

$1.25

Corp

Washburn

5-27

6-29

.'

<quar.)_

'

$1.12'A
.vJ a 75c..

(quar.)

6-15

6-10

$2.50

V,

:

B

preferred

6-15

45c

(quar.)

Telegraph

Machine

preferred
Loan

Class

$5.12'A

—

(quar.)—

Co

Iron

System, Inc.
Vitamin

Walker

:;>■

&

1

25c
Co.

Mold

7-1

7-

$5

$1.25

Ltd.,

5

5-15

5-31

75c

Company, .class A
&

6-

prior preferred

conv.

Waldorf

;„y6— 9

9

5%

Coal_.

Mississippi

Forge

7-1

933Ac

Corp.—
held)___

Gas

$3

(This

preferred

$4.50

all arrears)
(quar.)—

clears

preferred

Vulcan

;

I__

Corporation,

payment

6- 5

6-20

r

$4.50

B

Pacific

(Winnipeg) —

7-20

6-20

$1.50

Ltd..

Brothers

6-15

3

20c

(quar,)_

6-15

7-15

$1.25

'

Great West Life Assurance Co.

6-13

L-

$1.16'A

_—

$4.50
.—

6-28
•<••• 7-

9

!$1.50

(quar.)
Axel
(year-end)

$3.50

(quar.)

Illinois

Ontario

quar.)

.6-15

8-15

(quar.)____

7-15
,

59%c

(quar.)___;___

(closely

preferred

6-12

7-

6-29

25c

—

Realty & Construction Co.

3 ; •;

6-30

Rayon

Northern

Ohio

(quar.)

Tishman

*75c

;

Magazine, Inc.—
Steel Co., Inc.—

Northern

6-12

7-15

6-15

(quar.)_—

Detroit

Timken

8

$1

6-20
6-

6-29

135c

preferred B

2

50c

(accum.)

preferred

Common

5-22
6-

(quar.)

Company

,4J.'4%

5-25

1

6-

15c

6-20

6-19

Steamship Corp.—

preferred A

6-

com.—

6-30

50c

quar.)

Drug Stores Co.,

6-15

$1.75

Yorker

Newburgh

7

6-15

&

J/2 %

6-10

(quar.)

(quar.)
Insurance Co

preferred A

334%

6-16

6-28

6-

tNew York State Electric & Gas.Corp.—New

5-18

Paper Co., Ltd.—

(Increased

*

7

25c

(initial)

Stores (quar.)
Industries, Inc.

6-30

t5c

._,

Co., Ltd. .(quar.)
Manufacturing Co.—

Drug

6-10

37'Ac

8tate

Great Lakes

'

1

_"———

Co.

Thrifty

9

York, Chicago & St. Louis RR. Co.—

6%

6-30

1

7-

6-

7-

(quar.)

Insurance

7-

25c

preferred A (quar.)_—

Texas

5-20

1

(Winnipeg)—

Y. & Harlem RR., 10% preferred
York Auction Co., Inc

New

6-30

7-24

15c

Corp.

Gorham

7-21

7-

50C

(quar.)_

(quar.)

(quar.)
Manitou
Mines,

135c

*$1.19

non-cum.

Co.

6-15

i37 'Ac

(quar.)__

Co

Refractories

1

I50c

(quar.)_

common

(Indiana)

General

Girdle*

pfd.

A

Canada, Ltd.

Ltd.,
preferred (quar.)

4%%
Gary

of

class

Companies

.aser

Fruit

Co.

Co.,

1

7-

>•; 7-

Corporation

England Fire

6-10

6-

25c

New

'

.

Fire

12'Ac

.

'

6-23

$2.75

F „>d

Union

1

Electric—

&

preferred (quar.)
Tappan Stove Co..
Telfair, Stockton & Co.

Ltd.—

A

10c

7-

125c

Superior Steel Corp.
Tamblyn (G.), Ltd.,

6-12

; 7- 2

*25c

(quar.)_
New England Electric System

6-17

6-30

Nehi

6-16

6-30

25C

_

Pipe,

class

7-20

*5c

*$1.12'A

Increased quarterly

6-16

12'Ac

Steel

'ansbee

6-

6-13

25c

conv.

50c

6-30

7-29

Brewers,

20c

_________

Corp.

6-15

150c

4%

common.

Stores

1

preference (quar.)
Participating

$1.25

(s-a)_

Department

$2.40

6-5

25c

—

class A

prior preferred

7-

Paper Co. (quar.)
Ltd., common.

&

Bag

series A

Fruit

Sunset-McKee

5-29

$1.75

preferred

Sewer

6- 5

6-10

convertible

6-15

$1.25

con¬

;

6->.6

"a 6-19

1

for each share held)

mon

preferred

$4.50

.6-15

6-

class B__

6-15

:6-29

V

7-

_____

4

____L

6-14

5C

Inc._———2.—_—.—Sterling Drug, Inc., 31/2% pfd. (quar.)
Studebaker Corp. (increased 1
——
Sun
Chemical
Corp., common
:

8

5-15

(increased

Common

.;$3

6-16

6-13

*$1.80

National

Field).

Co

rsheim Shoe Co.,
Class

F

Stove

$1

(quar.)__

Set Screw Co

(Marshall)

prence

Dyeing

:

payment.

A

National

'

United Cleaning &

Fsnton

1

62 '/2c

Myers (F. E.) Brothers Co. (increased quar.)
Nashville & Decatur RR., 7%% gtd, (s-a)_
National Aviation Corp

6-13

75c

(quar.)

t,8-15

6-30

6-9

6-30

half share of com-

Sterling

$1.25

6-9

6-30

100%

4

,

(One

$6

8-15

9-1
1

6-30

75c

common—

.<

9-

7-

6-5

«-9

1

$1.25

Gas,

Standard

933Ac

75c

6-21}.
5-20

15c

Natural

1

8-15

1

933Ac

(George) Brewing Co., com. (s-a)
5 %
participating preferred (s-a)
Muter Co., new com. (initial quar.)
:___

6-13

1

56'Ac

(quar.)

Publications

7%

*.6-

6-15

75c

'7-

83%c

•

Stock dividend

6-15

7-

'

'

—

preferred (quar.)—_—
preferred (quar.)—

5%

Southwest

7*

,

7-14
6-21

6-12
$1
-;;--l5C' ~^:6- .1

'

.'v
'

(quar.)
(quar.)

prior pfd.

4.65%

.

31 'Ac

Is-a)

Vernon-Woodberry Mills, Inc.,

1

6-30

—

______

Power,

Gas

Southwestern

$1.12'A
.

(stock dividend)

& Malting

preferred

partic.

6%

6-17

6-30

7-

50c

common

1-

7-

V

$1.25

Ltd~__

Southam Co.,

5

Advance

Muehlebach

5

25c

4>A %

Federated

4%%

6-30

6

Canada

(quar.)
_•
Montreal Refrigerating & Storage, Ltd
Moore Drop Forging, .common
(quar.)
Mount

6-16
,

class

7-

—

—,——

Co.

Southern

Semi-annual

$7

Oil

Penn

Southern

(s-a)

June

Co.

7-14

7-31

Drug Stores Co., common

6-20

50c

(quar.)

Assurance

7-14

7-31

50c r'.V

(quar.)—

(quar.)

6-20

85c

pfd.

Ltd.,

6-30

7-31

20c

5-20
-

20c

50c

Co.,

7-15

50c

preferred <quar.)__
Manufacturing Co. iquar.)

.Soss

declaration of

(quar.)

Co.,

Montgomery Ward & Co.,

6-20

15c

Life

5

6-17

1

5-20

7-15

20c

convertible

50c

Co.—

Co.

Knitting
preference

Monarch

7-15

1

7-

62'Ac '■

(quar.)

Plantation

6-

8-

25c

.

pref.

4.16 %

Ewa

2

25c
<

(quar.)_

(quar.)—
Estabrooks (T. H.) Co., Ltd.—

-

2

6-15

4'/2%

6-

6-15

preferred

Sommers

6-10

6-30

(quar.)

6-

(quar.)__

(quar.)__

Rubber

Monarch

1

6-9
■

$1.75

A

7-15

________

Valley Canning

I"'':

■L'>6- 1

50c

preferred .(quar.)
(Howard) Paper Mills, Ltd.—

5%

7-15

(quar.)

A

preferred

Mohawk

—

___

preferred

66-

Light

preferred

5%

6-10

r-

Gas

Minnesota

.

—_—

common

Extra

7%

6-10

15c

Corp. ,of

Products,
Quarterly

5'A%

$1.62'A

(quar.)

Nut

Electrical

5%

J

25c

Stop

Elliott

25c

A

—

preferred

Elastic

class

Inc.,

,

f.

Milwaukee

6-

-

30c

of common for each

Rayon, 5%

Skenandoa

6-15

$1.50

<quar.)

common

2

-

50c

Brewing

6-15

^

on

6-15

8-

'

20%

1—:

(irreg.)..

_____—k

held

share

25c

Co.——

a

6-15

receipts

(Louisiana)———

Co.

$17'/2c

___

1st

of

1

1

iquar.)

Sick's Seattle

37'Ac

conv.

Co.

6-15

6c

_

will meet

77-

7'■

i :Vi

:kj'

(quar.)__

$20c

(quar.)—

5%

20c

$1.12'A

_—

common

additional share

One

Co.—

declaration

Oil

South

(quar.)

Co.,

6-20

(quar.)

common

common

Sheller Manufacturing Co.

9

6-15

____

Ltd.,
preferred (quar.)
Co.,

6-

6-24

$2.50

/

(s-ai—

6-20

& Paper Co.
Electric Co., 3.35%

6-16

5C

50c

•,

on

1

7-1

Helen's Pulp

Shell

8

6-16

t$l
Mersey Paper Co., Ltd.—__________________
Meyer (H. H.) Packing Co.—
A7:r','T
6'A%
$1.62'A
preferred
(quar.)—_L
__
:___
Middle South Utilities, Inc.
27'Ac
(quar.)

6-30

125c

Ltd

5-31

6-15

class A dividend payments.

Corp.

sider

150c

(quar.)

Steel,

6-

1

3

6-

6-14

50c

150c

162'Ac

iquar.)——
Scranton
pfd. (quar.) —
Seattle Gas Company, common (quar.)
6% conveitible preferred (quar.)

$1.50

Publishing

The directors

25c

5%

Dominion

1

St.

Corp.—

action

no

preferred

Medford

Mengel
25%

$1.50

112'Ac

St.

6-15

•

t$l

(increased)

series)

6-12

-

Charles Hotel

9

6-15

20c

common—______

Telephone

Common

6- 9

50c

held)

B

or

_________

Ltd.——____—

(quar.)

and

McGraw-Hill

92'Ac

(s-a)
Diston (Henry) & Sons, Inc
Dominion Dairies, Ltd., common

6-

6-30

$7.80

(quar.)—

pfd.

Corp.,

Inc.,

Stores,
preferred

5%

5-31

1

61
*

5c.

(quar.)
;_
& Co., $1.50 prferred

took

6-9

<■

Safeway

*4C

J'

(1947

W.)

common

preferred

Dominion

(F.

Directors

share of class B stock

(One

four

each

6-14

6-30

$1

(quar.)
3.70%
preferred (quar.)
4.28%
preferred (quar.)
Di Giorgio Fruit Corp.., class A & class B__
Special on A & B
preferred

6-15

$1

(quar.)

preferred
preferred
preferred

$3.40

Light Co.—

&

Delaware Power

$3.75
$3.75

6-12

7-

$1

(quar.)

Co.

1

6-28

10c

Hudson

&

1

25c

Maryland Drydock Co., common (quar.) —
4'/2% preferred iquar.)
!
Mastic
Asphalt Corp..—
___t.
May Department Stores, common (quar.)„_

'

Inc

Dejay Stores,
(Delaware

7-

Smith

4'A%<

6-. 5

1

7-

50c

(quar.)—____—

convertble preferred

4%

50c

u___—

Co.,

6-5

Extra

6-15

32'Ac

& Telegraph, common..

Field & Co.,

preferred

6-15

6-15

.\

Foods,

Fine

W.

&

1

38c

—

& Son

(M.)

Marshall-Wells

7-

(quar.)

Co.

S.

7-

$1

—

(quar.)__

preferred

Marshall

5

1$2.50

(s-a)—
Manufacturing

•

"

Factors

7-14

1

6-15

Inc., common——_—
(quar.)____„

preferred

25c

—

Cement

1

7-

$2.25

Royce, Ltd. American deposit
ordinary
registered (final)

7%'

22

.—

(quar.)

Adams

Marsh

7-

Extra

Taylor

6-20

50c

pref.

Decker

&

7%

$1.12'A

(quar.)
Eye Co,

(quar.)
De Pinna (A.) Co.
6% conv. pfd. (quar.).
Debenture & Securities Corp. of Canada—
Long

Portland

8-

10c

Royal Typewriter Co.,

22

25c

(accum.)

Maritime Telephone

2'Ac

4'A%

7

6

15c

;; 6% conv. preferred iquar.).
Lunkenheimer Company

6-16

1

2

6-

6

(quar.)—;

Theatres,

(Marcus)

6-

V.

€-

1

—

Co.,

preferred

Lowell

110c

com.

9

1

(quar.)

Ltd
Inc

Longhorn

:___

pref.

$1.12'A

Mills,

Loew's

(s-a)__

Co

5%

common—....

Fisher

5.20%

6- 5
6-

$1

(quar.)

new com. (initial)
Inc., common

Oil

L

-

(increased)

Cement

6-20

6

6-

7-

(quar.)

Portland

c

1

-

20c

$1.75
com.

6-12

6- 2

;7-

$1.75

Ross Gear & Tool 4quari)--i-.i.—

6-15

7-

Company

Refineries,

5

1

25c

________

(quar.)

Co.

31

for

6-

lc

■

Gas

Rolls

6-12

6-23
6-15

60c

• ;

Iquar.)— _—

Telephone

6-19

?

50c

Mfg. Co., Ltd., common

P.)

preferred

75c

Ltd.

Corp.,

6-15

6-15

5Gc

—

Corp.

&

1

6-26

$2

_______——

Liberty Life Insuiance Co.

5-29

1

Co

4j/2%

7-

82'Ac

(quar.)

Rochester

6-15

6-21

i

_

$2.50

6-15

1

Lexington Telephone Co.—

6-15
6-15

6-30

IOC

6-20

1

7-

'

1

76-

$1.50

<L.

preferred

7-

$1.20
'

50c

preferred

Leonard

6-15

6-30

25c

(quar.)—_______

Fibre

Co.,

preferred
&

.,

Stores

Engine

4%

Lawrence

6-15

1

$1

Robertson

Company

Richardson

43c

Hotels

Laclede

6-JL5

$1.12'A

6-15

6-20

K-2

Leduc-West

(quar.)—

Company, Ltd.,
(R. L.) Ltd....

River

6-23

7-1

1
1

9c

Corp.,

Co.,

Copper

(Walter)

Knott

10-14

1

$1.25

Bit

Cummins

1

35c

(quar.

(Reading

Gas

1

7-

.

6-15

(s-a)

Koppers Company,

Power

(initial)...

com.

a-.,,

Continental

8-

11-

37'Ac
—

6-16

Company

Series

7-15

37'Ac

...—

Dry

1

7-15

7-

1

187'Ac

7-

7-

6-19

1

6-23

$1.75

>

4,/z%

30c

.

50c

Flour Mills, Ltd.—
pref.-(quar.)

1

(quar.).—

Co.

$2.50

Raytheon Mlg. Co., $2.40 pfd. (quar.)
Remington Arms Co., Inc., common (irreg.)

9

7-

7-

$2.50

Redeemable

9

f 60c

(quar.)_

6-20

e-20::

(quar.)—

7-

Keystone Custodian Fund Series B-l

7-15

Consolidated

Consumers

Kerite

10-14

Goods Co
Gas
Electric
Light

Sugar

Kidde
1

Consolidated

■

6-12

7- l

;

a 6-12

1

(quar.)
Naval Stores

$3

Kennecott

6-30

x

37'Ac

preferred

4%

Kekaha

6-10

Inc.—

preferred series B (quar.)__T_.—_.
4% preferred series C (quar.)
—
Consolidated Grocers Corp., com. (quar.)..

,

6-10

6-30
6-30

37'Ac

Co

Insurance

Baltimore, -new

preferred

6-30
a

6-28

$1.38

(quar.)

R.)

(James

Kearney

6-

3

5

6_

: 5-15

7-15

preferred (s-a)—._—...
Republic Pictures Corp.—
$1 convertible preferred (accum.)

—

pfd. (quar.)
preferred (s-a)____

(quar.)

voting

common

*ll)C

3.30%

common

preferred

%

$1.50

(quar,

of

7

1

7-

1

7-15

———

€0c

Manufacturing

Co.,

7-

Fund

Selective

Justrite

6-26

6-12

•

Corp.,

6-

common.—

Mortgage Co., $4
& Lamson Machine

50c

6

6-22

a

6-24
6-

t75c

non-voting
7%' 1st preferred (quar.)_^__—__—
7% original preferred
(quar.)—

12

6-27

6-15

1$1.50

—_—

Common

Purity

Ltd

Co.,

Power & Light,

50c

4'A%

»

Jones

8-

B

5%

6-20

11-

Consolidated

i

7-10

37'Ac

B

De

Jersey

,

37'Ac

Class

4>/2%

6-12

8c

30c

9

$2

preferred (s-a)_

Publication

8

6-

J30C

(s-a)

Ltd

(quar.)
America

of

Co.

Investment

6-16

25c

6-

(s-a)

(quar.)
Telephone, $6 preferred

Investors

30c

...—

Industries,

Class

Dan

8

Iowa

6-30

8

6-15

1

5c

partic.

n.c3'/«

Corp.,

preferred

6-20

6-24

6-

2nd

6-15

7-

40c

Propper-McCallum Hosiery Co.—
5% 1st preferred (s-a)__—______

40c

preferred

6-10

40c
2'Ac

....

9

6-20

Co

Bakeries

Interstate

15c

7-

6-

$5

(quar.)

Company,

(John)

Shoe

7-

1

'

(quar.)

International

_____—...

(quar.)—..
(quar.)

Consolidated

preferred

International

$1.183A

—

Life

Chemical

%

2

(quar.)

Class
Class

Daniels

Inglis

Electric—

&

General

4 Vb

2

$1.12'A

non-cum.

f

1

—

Ltd.—
(quar.)
—
preferred (quar.).—

1st preferred

50c

guaranteed

6-

common

.___

Connecticut
rConsolidated

7

6-30

7-15

6%
6%

6-15

6-16

7-

Canada,

7

6-17

7-

$1

(increased)

of

Corp.

6-12

50c

—

America-—--—

5

Co.—

RR.
4%

lines

Interstate

preferred A (quar.)..
—___
preferred B (quar.,)..—
Colorado Fuel & Iron Corp. (increased quar.)

Crain

Leased

7

6-

3

Power

7

6-

6- 8

t

3

6-23

$1
15c

Co

(quar.)_.—
:_
Co. (resumed)—

of

7-

8

6-v8

<

6-30

25c

LU

1

6-

/

6-30

f

25c

-

Mining
Co.

7-

35c

Imperialle Fuels, Ltd., 6% partic. pfd.
Indiana & Michigan Electric Co.—

6-

4.80%

Craig

Illinois Central

5

3

>4%

5%

6-

Inc.

(Harvey),

3

r,

(quar.).
preferred ((quar.)...

2nd

Co.

Hubbell

7-

6-

6-15

,

50c

(quar.)

Manufacturing Co.

Hoskins

6-15

Ltd.

Co.,

7-

(quar.)—

Company,

Gas

6-16

6-

Potash

v-

*5c

7-

—

1st preferred

Coast Counties

r

Honolulu

6-12

3

-Polaris

6-12

Inc.

Plough,

6-12

& Marine Ins. Co. (San

1

7-

6-12

1

6-15

12'Ac

120c

_______

Supply

&

Peabody

4%

7

1

1

7-

12v2c

1

(quar.)

1$1.75

Co.—.—

Builders

Cleveland

Street

7-

55c

Chocolate

&

Nut

P.anters

6-24

40c

433AC

8

6-

6-15

50c

A

Coal

Pittsf.eld
1

6-

6-15

Vi

Glass Co.—
Gas (quar.)_______

Plate

Pittsburgh

1

7-

25c
•

43%c

Co., Ltd. (quar.)—
—
Railway (s-a)—
—
Francisco)

H.)

(D.

25c

—,

Manufacturing .(irreg.)

Clarostat

-7%

6-

7-

12'A %

6-3U

Ltd.

6-30

12»A%

6-16

7-15

,

40c

1

7-

50c

(quar.)_

(quar.).

Controller

Cluett,

Holmes

6-15

:>7-

933Ac

(quar.)

preferred (quar.)
...
preferred (quar.)
:—__
—
Inc. 4quar.)
...

Cherry
Clark

Home Fire

Paper Co.,

Certain-teed
Chain

Holyoke

6-8

50c

receipts A ordinary (interim)
Amer.
dep. receipts B ord.nary (interim)
Carrier Corp., 4% preferred (quar.)
Cassidy's, Ltd., common (quar.)——
7%
preferred (quar.)
—
Central Hudson Gas & Electric Corp.—
//
4'A%

6-14

12'Ac

dep.

4.75%

6-

1

Ltd.—

Amer.

Central

3

7-1

'•kH 75c

class

Highland-Bell,

9

6-27

(quar.)

7-

(quar.)—-.—

common

B

7-

75c

25c

Company,

Oil,

1$1
■'

6-14

(quar.)
Co. (interim)

Powder

150c

■

■

Co.

1st preferred

3%%

(George

Class

6-23

7-

7-15.;

$1
50c

7

6-

6-27

15c

common

preferred (quar.)_
Peoples Drug Stores, Inc. (quar.)
Philadelphia Fund, Inc. lquar.)____„—

„

6-14

6-23

A (aecum.)
W.)
Co., common....

preferred

7%

preferred (quar.)
_______—
4%
preferred (quar.)——
Canadian Westinghouse, Ltd. (quar.)—____
Cannon Mills Company, common (quar.)—
Common
B
(quar.)
——
Capital City Products Co. (quar.)_
______
Capital City Transit Co. (quar.)———.

Carreras,

preferred

7%

Inc.,

Companies,

-Paraffine

4%

$1.25
$1.37'A
$1.12'A

preferred (quar.)
Gas Co., common (quar.)
preferred (quar.)
Hearst Consolidated Publications, L.C.-—

"

6-14

50c

-

4'A%

7-

'

(quar.)

common

prior

$5

6-10

7- 3

Co.,

Harrisburg

8

(Winnipeg)—

Co.

5%

Carborundum

3

*15c

(Winnipeg)
ts-a/
;
Ltd., 8% pid. (quar.)..

Cos.,

8-

Ltd

Carpets,

Payable of Rec.

Share

■/

Holders

When

Per

,>•' ;■

'

Name of Company

6-15

7-

420c
50c

Extra

6-30

Indemnity
Oil

6-15

7-

-

Canadian

7-1

131'Ac

■

Fire'Insurance

Semi-annual

Canadian

Harris-Seybold

75c

non-cum.

Lines, Ltd.,

Participating
Canadian

Harding

6-15

*$1.25

pfd.
pfd
Canadian Canners, Ltd., common
(quar.)__
60c non-cum. conv. pref. (quar.).-——Ltd., 7%

Co.,

Canada

6-15

1

*$1.75

(quar.)

preferred

$3

—

1

7-

28c

pref. (quar.)
pref. (quar.)

conv.

5.60%

7-

3

6-23

-

62c
27c

(quar.)

Electric Power, $2.50 pfd.

California

-

Monday, June 5, 1950

.

Holders

Payable of Rec.

S>.are

Name of Company

Payable of Rec.

..

When

Per

Holders

When

Per
Name

'

.

.

.(2342)

(in/itial)—

7-

3

t:6- 9

50c

7-

1

6- 9

$1.25

7-

1

6-

9

Volume 171

Number 4913

..

v

The Commercial and Financial
Chronicle

.

(2343)
'

Per

Name of

■

Wickes

Company

Corporation

Wisconsin
4 %%

Michigan

preferred

Wood, Alexander
7%

1st

i

i

^

Ltd.—

York

Fibre

Corp.,

4%%

'

Tile

of

Co

Co-operative
Quarterly

8-

1

7rl5-

50c

6-28
6-28

*

6-12

6-30

25c

7-

6-20

1

6-16

-

Apex Smelting

Applied

Institution-

.K

___

,75c

6-15

■

6-

Argo

5

Arts

Oil

Arizona
$5

Corp.

we

give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends

announced

this

week,

these

being given

preferred

Abbott

Company

Laboratories

(quar.)

4%%

Power

Participating

7-

1

6-

1

6-

Acme

*50c

Adams

6%

Ball

5%

&

Aetna-Standard
Affiliated

$3

Gas

Agricultural
N.

Y.)

5%

Insurance

&

Alberta

Inc.,

4%%

4.20%

common

>

6-15
6-

Semi-annual

pfd.

25c

gtd.

(s-a)__-_

Aluminum
4%

Co.

;

6%

Bank

Note

preferred

American

American

Chicle

Ltd.—

6%

Cigarette

preferred

American

6-

7-

7-1

6-

7-

r

•

2

5-

5

6-15

5-17

,

Paper

1

6-

5*

1

,s-

6-

5*

6-13

v,

5-29

6-15

6-

6-10

6-15

$1.50

:

of

5

Participating
Barber

(W.

50c

6-

4% %

75c

:

1

6-

.

6-10

-

75c

6-

preferred

1

9-10

Brummel

Prior

preferred

American

Laundry Machinery Co
Locker Co., class A (quar.j
Co., common
preferred
(quar.)

7%

American

Machine
Metal

4%%

&

Foundry Co.,
Company, Ltd. ,y

Metal

Increased
American

6-

6-

8

5-31

7

1

6-

7*

Benjamin

7-

1

6-

7*

Best

20C

50c

American

Optical

50c

$3

(quar.)_

American Potash & Chemical, class A (quar.)

Class

$4

B

i

American

5%

A

Power

non-cum.

preferred

Radiator

Corp.,

&

(initial).

American

Republics

American

Reserve

American

(N.

Shipbuilding Co.,

Corp.

preferred

non-cum.

Stamping

American

Steel

Co.

(annual)

stock

put.on

5

1

6-10

—

Surety

Company

(N.

(quar.)

Y.)

Telephone &

American

Thread

Co.,

American

Woolen

6-22

6-

8

6-15

6-5

Bobbs-Merrill,

4%%

6-

1

Bohack

6-

t

Company, Inc., com.
preferred (quar.)__

7'

$1

.

6-16

Amoskeag Company,
$4,50

preferred

common

Book

2

Boston

&

5*

Boston

Wharf

—

7-

50c

3

6-

5*

6-13

6-

7-

6- 9

1

1

6%

$2.25

7-15

•8-15

12 %C

7-1

5-31

7-14

7-

1*'

6-15

6-

1*

j

prior
(E.

75C *>•

$2.25

7-

5

6-28

7-

5

6-26

J.),

6-15

>

6-

6%

'

preferred

Food

A

6-15

General

6-15

6-

9

Class

A

"•-*

Ingersoll-Rand

Canadian

Ltd.,

150c

Malartic

4%%

6-5
v

5

6-

8-

9

15c

12-

1

11-

9

2-

9

6-15

5-31
5-31

7- 1
*6-30

6-' 9

143 %c

3-1-51
:

7-15

6-15

7-31

7-14

37 %c

6-30

6-

5

6-30

6-

5

6-30

6-

5

6-30

6-

6-30

6-

9

7-

3

«•

2

(irreg.)

-

7-

3

6-

2

170c-

Gold

$1.50

Silk

6-15

5-15

12-15

11-15

Ltd.—
7-

3-

A

*7- 3

150c

7-3

6-

7-

1

6-15

6-14*

Ltd.(quar.)

7-

1

6-

5

6-

5

Co., Ltd
Mines, Ltd.

(s-a)_

12c

6-15

5-31

(quar.)___

115c

6-15

5-25

t$1.12,/a

7-15

6-29-

6-30

5-31

Co.—

Class

A

Boxes,

(quar.)

;

preferred

4%

preferred (quar.).

Carpenter Steel Co.

$l/75

7-

1

6-

2

Cascades

7-

1

6-20

15c

6-28

6-15

$1.50

6-15

6-

preferred

common

6-30

6-14

Castle

6- 9

Catalin

Corp. of

6-12

6-

Celanese

7-

preferred

6-16

Central

Cold

6-30

6-16

Central

Fibre

25c

8-15
6-30

6%

8-25

6-12

5-25

7-

6-20

$1

5

25c

~

1

6-15

6-

7-

1

9

7

Central

Maine

preferred
preferred

7-

6-16

5-31

—_

$3

31 %C
37 %c

6-15
77-

1
1

75c

1

6-20

75c

7-

1

6-

6%

preferred

Central Steel

6%

JL

4.15%

6-15
9'

6- 9

9

5-29'

*$1.50

7-

4

6-15

Vancouver, Ltd.—
9-

1

6-30

6-16

6-1$

1

6-12

6-10

6-

6-15

•6-1

60c

6-23

7-

1

7-

$1.75

1

6-

1

2

6-

2

6-

2

7-31
'

7-15

6-15

6-

7-

1

6-15

7-1

6-15

7-

1

Co. of

0-15

6-30

6-

1

6-23

6-

2

7-

1

6-16

6-30

6-17

$1

—
•

common

30c

6-30

87 %C

77-

1

7-

1

6-10

1

$1.15

<

6-10

1

—

$1.50

common

—

6-10
6-10

25c

6-13

6-

6-13

6-

Public Service—

Mills,

1

55c

75c

Ribbon

•

Inc.

America

$1.04

7-

1

$1.19

7-

1

2

2
'

1

6-15
6-15

10c

(quar.)

6-14

6-

15c

6-15

6-

1

10c

(quar.)—

6-15

6-

2

7-

6-14

2

Champion Paper & Fibre Co.—
$4.50

preferred

Chemical

(quar.)

Transit,

Chateau-Gal

$1.37%

1

$1.12%

Co.,

Century

7-31

'

6-20

7-

7-

25c

(quar.)_

(quar.)

Century

Charleston

*25C

1

37 %c

—

common

preferred (quar.)
preferred
(quar.)
Electric
Co

Chamberlin

6-

7-

40c

(quar.)

Vermont

4.75%

6-

5-29

50c

common

(quar.)
(quar.)—

Wire Co.,

<fc

preferred

6-15

Ltd.

—

Power

3.50%

6-

6-15

6-10

*60c

(quar.)

Light Co.,
4%%
preferred (quar.)
4%
preferred (quar.)

4.60%

6-30

5-29

1

$1.18%
'

Co.,

Illinois

6-

6-30

10-20
'

7-

IOC
s-

preferred (quar.)
Hollywood Bldg.__

Central

6-15

1

Co.

Products

6-14

6

1

6-12

40c

(Irreg.)

Central

12-

11-

40c

6-24

9-30

7-20

75c

8-10

12-15

6-23

5-20

1

585/BC

(quar.)
Ltd.

Storage

1

5

8-

25c

.

America

Knitting Co..

76-

1

Corp. of America, common
1st preferred (quar.)

2nd

5

• 1.75

6-23

7%

9

10c

(quar.)__

50C

Celtic

6-

•50C

(increased).

(quar.)
Ltd

Cooke,

9-

6-30

$1

*

Corp.
Corp..

30c

Si

6-

$2

preferred
(quar.)
(J. I.) Company, common

7%

6-10
6-

6-30

50c

(quar.)

General

Plywood

3

6-30

$1.25

3%%

Central

—

725C
40c

(quar.)

Carriers

Case

6-17

0-1$

$1

4%

Si

7-15

10-15

Ltd.—

Carey, Baxter & Kennedy, Inc. (quar.)
Carey (Philip) Mfg. Co., common (quar.)__
5%
preferred (quar.)
t
Carolina Telephone & Telegraph Co. (quar.)
Carpenter Paper Co., common (quar.)_

2

$1.50

6-14

'

6

6-30

5
5

6-28

HOC

Wlrebound

6-

5-15

55-

t$l

Quarterly
Canadian

6-15*

6-15

1

Canadian Western Lumber Co., Ltd.

7-

1

5-31

Co., Ltd.—

(quar.)

6-23

6-13

5-31

1S1.12 V2

Corp.,

137V2C

Products

class

7-25

1

9

Canadian

6-30

1'

5-31

170c-

125c

Canadian

7-1

6-26

3

6-15
/

170c

Motor Lamp Co., Ltd.
Refractories, Ltd.—
1st preferred (quar.)_

5-31

7-

8

6-20

6-15

1$1
150c

(quar.)___

com.

Canadian

6-13

6-

'7-25

150c

Class B

Canadian
•

5-29

6-28

120C

9*

6-15

6-15

6-15

1

___

Alcohol

9*

6-10

1

125c

t$2.25

_

(quar.)

6-

1 5-31

6-15

(quar.)_____

Co., Ltd..
Co., Ltd.—

6-

1

6-15

1

115c

Class A

2

1

7-

137 Vic

Electric

Machine

7-

7-

7-

125c

6-29
1

6-

>

;

Industrial

5-25
5-19

6-20

125c

Canadian

7

5

6-20
•

}30c

1

7-

(quar;)___—_

(quar.)

I

125c

6-

$2.50

(quar.)

preferred

6-

7-

150c

(quar.)
Investment

Foreign
Ice

6-16
<

6-15 ®

$1.37%

(quar.)

convertible

6-19

15c

Ltd._i______

common

Products,

Canadian

t$l

Bridgeport Brass Co.—

6-10

1

1

$1.06>/4

(quar.)

Ltd.,

(quar.)

Canadian

Co.—

(irreg.)

7-

50c

preference

Canadian

5-31

1'

7-

$1.12%

(s-a)

preferred

1

120c

(quar.)

5-20

50c

Light & Power Co;,

6-

132 Vic

(quar.)

Cottons,

6-15*'

6-15'

30c

(quar.)—___

Rubber

1

6-15

Co.__

-

preferred

Class

6-15*

1

(quar.)

9

6-

10c

common._________

Canadian Dredge & Dock,
Common
(irreg.)

5

12 %c

Bearing Co
& Sons (quar.)

Brewers Si Distillers of

5%%

$1.75

$4.75

___

&

6-

6-

6-15

(quar.)

(quar.)

$1 preferred

6-10'

6-10

25c

Club, Inc.

6-20

50c

;

$1.06%

(quar.)

6-10*

Forgings, Ltd:—

Breweries, Ltd.
Celanese, Ltd.,

Canadian

6-81

9-

(quar.)

6-301

v

6-15

Power

50c

(reduced)—

Hose

Traction,

Common

1

7-

6-30

$1.50

preferred

7-

60C

—

$5

(quar.)

preferred

Roller

Brach

Common

6-10?

$1.50

RR

Co.

Woven

Brazilian

6-10i

1

5-31

—

preferred (s-a)
Botany Mills. 5%
preferred

6%




Albany

Bower

—

1

7-

'

5-31

i

Month

6-

6-

$1

(s-a)

the

1

7-3

$1.75

(s-a)

Foods

(H. C.)

of

7-

1

$1

(quar.)

prior
Stores, Inc

Boston

$1.75

Telegraph (quar.)__
Inc., 5% pfd. (s-a)_

iquar.)

Moon

5%%
Bond

7-

$3

(quar.)

5-25

7-20

150c

(quar.)

6-30

B

37 %c

preferred

6-15

Class

Canadian
Canadian

3

(quar.)__

preferred

„

6-13

3

_

5-15

7-28

34%c

Corp. (quar.).
Canada Permanent Mortgage Corp. (quar.)
Canada Wire & Cable Co., Ltd.—
? :
Class A (quar.)

9-12

7-

(increased)

preferred

6-15
■

75c

common

(quar.)

Northern

5-31*

25c

com.

t25c

110c

(quar.)

Brothers Tobacco Co.,

5-12

_

$1.06 %

6-14

$1.50

preferred (quar.)
preferred

preferred

conv.

Blue

1

15c

(quar.)

6%

Co.—

7%
$4

5%

lv

A

Canada

6-16

7-

(quar.)

6%

semi-annual

American

preferred

5-17

6-10

(quar.)

Foundry

_____

50c

Blaw-Knox Company (quar.)
Bliss & Laughlin, Inc., com.
Bloch

quarterly

a

Sumatra Tobacco Corp.

Increased

(Phila.)

6%

50c
(quar >

basis beginning with this payment
7% preferred (quar.)
American

Co.

Slvalls

4.25%

■'

American

Hotel

5

.

9

t$1.5Q

(quar.)

5-27

6-15

20c

(quar.).

Ale, Inc.,
(quar.)

$1

Inc.

6-14

.

6-

$$1.75

;

10- 7

Copper Co.—

Ginger

preferred

Class

1

8IV4C

6- 2

$7

6-26

40c

common __

;

60c

(quar.)—,—^

being

Corp.,

6-

$1

Canada

9

$1

(quar.)_____

r

35c

(irreg.i

Sugar Refining, common

Common

Loan

6%

:

common

9

6-

35c

(quar.)
(s-a)

6-15

y

50c

Foundries—
Co.

Canada

6-24

30C

Co,—

Stores

ll:

6-

Sanitary

50c

American

6-

1

'

Y.). (quar.)

American

6-

1

6-20

6-

1

'"■■'

50c

& Bryson, Inc., com.
preferred (quar.)___
Blackstone Valley Gas Si Electric—

6-

7-

1

•

12tic

4.25%

6-15

r

$1.25

(s-a)

Insurance

Black,

6-15

-

(quar.)

Standard

Co.

6-1

I

6-15

$1

25C

Re-Insurance

American

i.;

16C

common

American

7%

I1.':',*

___—

1

6-15

37 %c

(quar.)
&

Light Company
President Lines, Ltd.—

American

7-

37 %c

quar.)

preferred

5-29

6-15
,

7-

7-

30c

50c

Steel Foundry & Machine Co
Birmingham Water Wbrks, 6% pfd. (quar.)_
Black & Decker Mfg. Co. (quar.)_

6-30

6-15

6-20

Machinery Corp.,
Canada Malting Co., Ltd

50c

Bethlehem Steel Corp. 7% preferred
Bibb Manufacturing Co.
(quar.)

■

8-21

7-15

;

1

12'/2c

Birdsboro

1

quarterly

American

American

{

7-

$1.12%

$6 preferred

Franklin

Poods,
Special

Co.—

50c

....

1

6-

162 V2C

'

1'.

9-

of

Co.

$4 convertible preferred
3V*% preferred (quar.)

5-31
'

Meter Co* new common (initial)National Finance, $6
pfd. (s-a)_

Co.

5-31*

6-10

$1.12%.:

Products

1

6-10

$1.75

common-

6-15*

1

6-30

(quar.)—

10-28
'6-15

50c

'

$1.30 pref.

7-

25c

pfd. (quar.)

7- 7

—

Ltd

6-10

15c

Telephone

Cannon
Ltd.

Stone,

$4.25

T 6-30

(quar.)_

7

10- 7

7-28-

tile

—

6-15

$1.50

____—

10-28

140c

r

7-

27 Vic

preferred

6-30y

$1.50

(quar.)

6-12

7-28

$1

Consolidated

Canada

20c

Beneficial Industrial

Bell

25C

preferred

American

Beneficial Corp.,

6-15

6-1

10c

Locomotive

American

6-1

6-14*

35c

American

American

6-15

75c

(s-a)_

6-15

•;

Hecla

convertible

Canadian

j

7-

6-10

1

(quar.)—________

6-1

15c

L,

10c

1

5V2%

4Vi%

Quarterly
Quarterly
Quarterly

6-1

5-27

3

7-

25c

Water Service

&

40c

Ties. Inc.

10c

(monthly)-

(quar.)

California

—

preferred

7

7-

preferred (quar.)

25c

Inc
$1.40

6-

(quar.)

6-22

70c

(quar.)

IOC

common

5-22'

Savings

7%
preferred (quar.)
Belknap Hardware Si Manufacturing

8-31 '

;

5%

preferred

5-29-

$1

(quar.)
Beech Creek RR. Co. (quar.)
Beech-Nut Packing Co.
(quar.)
Belding-Corticelli, Ltd., com. (quar.)

6-1*

6-10

Lumber,

Beau

8

25c

Cigars',

Beaver

5-15

6-12

25c

5%%

6-10

$1.06

Company

25c

(quar.)

(quar.)
Utilities, common

Calumet

$1

—

6

5-19
6-14**

Camden Forge Company

$1

of

Bayuk

June 8 at $110
89c

1

6-20*

6-15

$1.75

Bausch & Lomb Optical Co., 4%

.

5-29

6-14

1

6-

6-12

t$3.50

5-26

■

&

6-30

6-30?

t25c

Company

Canada Foundries &

Trust

9
9

5-19

(quar.)

25c

Canada, Ltd
Oil Corp
Refractories, Inc. (quar.)
Bates Manufacturing Co., common

6-12

6-16

Ink

Dry

Basic

6-26

6-

•

Steel Corp.—

National

66-

$1.50

——

30c

Barber

IY

' **'/•

7-

18Vic

preferred

H.)

Barber-Ellis

■

California

Corp.

6-16'

(quarj__

(quar.)

1
1
6

(s-a)_

preferred

(s-a)

Financial

Crushed

Building & Equipment Corp. of Amer¬
(quar.)
\

ica

'

\

6-14;

preferred

I T

Wyant &
Canada Cement1 Co..

(quar.)

America

6-15

■I 7- 1

7-1

7%

Canada

(quar.)

7-

6-

—

6-20

(quar.)

Bankers Securities Corp. (Phila.)
Common
(accum.)
(resumed)

6-12

(N. J.)-—

C

Campbell,

(quar.)

,

preferred

6-

6-15

k 7- 1

87 %c

preferred
preferred

6-11'

6-30

35c

62 %C

5-15

7-

Association

5-25

$2.50

5-15 »•

6-12'

10-

Bank

5-25

25c

6-121

$1

6-15

ll

75c

class A
Burroughs Adding Machine Co. (quar.)
Butterfly Hosiery Co., Ltd., com. (quar.)__

6-30*
6-22'

6^e-

4%

5-19

140C

5-19

preferred (quar.)
preferred (quar.)__
(Joseph) & Sons Co. (quar.)
Hydro-Electric Co., common (quar.)

8-15

7-

t50c
—

Dry Docks, Ltd.—
participating class A

5-19J

*_«,

1

6-15

______

10c

.

9-

25c

—

B

45c

1

8%<r

Bank

6-15*

6-10

Class

6-15

___

6-

Burrard

6-30

Inc

Mills—

__;

IIII'IIIZIII-IIIIZIZ—I-

B

1

6-15

Ltd.—

6-15

(quar.)_

6-20

1

25c

(interim)

Resumed

Co._

7-

5-15

40c

Burriville Racing Assn.,

8-

conv.

4 Vi %

7-

40C

Company,

7-15

conv.

7%
*

7-

1

6-1.
6-16

7%

Bangor

6-14

7-1

6-

7%

•

>6-15

6-10

$1-

Corp.

Inc.

6-

$1.75

50c

T.),

Baltimore Porcelain

5-15

1

7-

1 :

St

40c

—

(quar.)

Wilcox

5-15

6-15

30c

6%

50c

Del.

6-15

140c

6-30

$3

6-15

25c

common

6-15

$1.25

Ltd.

56 Vic

of

Products,

A

Class

>6-20*

(quar.)

Products

8«

Co.

Co.,

(quar.)

Corporation,

Class

6-10*

75c

5-15-

t30c

(quar.)

California-Pacific

(s-a)

7-14

t40c

Ltd.—

Inc., common
(quar.)

&

1

.

Insulator,

-i

7-

Products, Inc.—

Foods,
(B.

1

-

Home

y

Burnham

8-18

5-20

7-31

$7 Vic

—

Dredging,
Co.

1

6-10

t7Vac

(quar.)

*12%c

Alarm

preferred

B/G

Babbitt

7-

per share plus this
dividend.
American Hide & Leather, 6% pfd. (quar.)_
Hoist & Derrick Co. (quar.)
New
common
(initial)

American

Allied

4%

7-

•

American

American

Steel

Babcock

6-28

75c

American Export Lines, Inc
:
;
American Gas & Electric Co., com.
(quar.)__
4%%
preferred—All
outstanding shares
on

Service Co.,

Fire

Avon

2%

.

preferred

(quar.)

Burgess Battery Co;_^
Burlington Steel Co., Ltd

*

1

1

$2.50

(quar.)

Automatic

9

50C

(quar.)___

$6

Automatic

$1.75

common-

Indies

Bancroft

U:-

._

called for redemption

1

5

y: 6-10 W.

75c

,,

Co.,

A

Badger

9-

6-

9-

25c

90c

(s-a)

*10c

Class

6-

1

;

6-

■v

25c

(quar.)

Electric

5-19

1

5-29

$L

(quar.)
Company

Powder

5-19*

6-9

25c

Corp.

5

5-29

$2

preferred

Auto

7*

75C

•v-

A

Atlas

8-14
6-

40c

#'

:

____.

Realty;

Series

6-15

6-30

*60c

(quar.)

Cigar

Atlas

6-15

H

50c

(Del.)

(quar.)

Enka

1

Watch

6-

"./H

Refining Co. (increased quar.)
Corporation (quar.)
Imperial Diesel Engine Co.—

Atlas

6

7-20

Gold

1

(Conn.)

West

5-29

preferred (quar.)

_

preferred

5-29

6-14

(quar.)

common

Company

Bulolo

6-15

30c

6

6-

&

preferred

Bulova

6-15'

$2.50

(quar.)
Steamship

7-20,

6-14

Company, common

5-29

6-15

$1

pfd.

6-10

25c

5c

6-10.

7-

(quar.)

4%

6-10'
8-10

20c

6-15

$1.75

(s-a)

Oil

7-1

30c,

6-30

1

15c
50c

5-16v

v

8-

■

__

:i.__

(quar.)__:

Company $3.60

Co.

7%

6-14

quar.)

6-30

$1.25

Bigelow,

Creek

Budd

$1.50 '

(quar.)

Co.

1

7-15

*15c

(s-a)

(quar.)

Incubator,
common
Pipe Line Co.
Bucyrus-Erie Company, common

8

10%;

Ltd.

(quar.)—

Burns
a

1

6-

Buckeye

8

'

6-

7-10

Buckeye

6-

30c

(final)

Corp.

&

Shoe

preferred

6-

$1.25

Atlantic

5

S 6-

5%

Atlantic

6-20

6-16

$5

6-30

40c

Iron Co.

Brunswick-Balke-Collender

9

Industries, Ltd.—

preferred
Electric Co.

Gulf

Lines,

1

6-16

;*25c

(quar.)
dividend)___

3%%
convertible preferred A
American District Telegraph Co.
American

1

6-17

6-30

25c

Greyhound Corp.,

Atlantic

1

6-

6-

■■'■'

■•

;

Atlantic Coast Line Railroad, common

^

Colortype Company
;__
1.
Cyanamid Company, com. (quar.)

American

6-

6-20

81 Vic

preferred

&

7-

Spring

City

Atlantic

12-20

.

50C

;

American

v.

15c

Co.

;

6-20

25c

common

Company

1

70c

(stock

Extra

1 5c

preferred

Investment

(E. & G.)

Bullard

(quar.)__
(quar.)

(quar.)

non-cum.

Atlantic

6-10

1-1-51

50c

_

Cable

1

40c

(s-a)

Co., 7%
Casualty Co.

7-

1

Atchison, Topeka, & Santa Fe Ry. Co.—

6-10

75c

v

:

Can

Chain

1

7-

6-21

*15c

registered

Associates

'

93 Vic

Co.,

American

&

Sruck Mills, Ltd., class A
Class
B
(quar.)
Extra

*30c

Associated Telephone & Telegraph Co.—
$6
1st preferred
(accum.)
7% 1st preferred (accum.) _:
;

5-10

7-

50c

common

(quar.)

American

6-10

20c

Barge Line Co

American

1

6-17

12 %C

com.

7-10

lOd

Quarterly

6-17

59 Vic

Refining Co.,

Electrical

Ordinary

5-29

50c

American Agricultural Chemical Co.
American Bakeries Co.
(quar.

American

6-

1

1

Corporation

Associated

6-16

6-30

.___

Corp.

j

6-15

'■?■■■

(quar.)

Holding

Brown

Buck

Atlantic Coast Line Co.
5-29

;■

1

7-

&

$5 preferred

0-13

50C

.____

Canada,

7- 1

7-

\i $3

——

Aluminium,
Ltd.
Alpha Portland Cement Co.
:
Amalgamated Leather Cos.—•
y." 8% convertible preferred (quar.)________
Araerex

1

7-

(quar.)

Oil

Associated

$1.12%
$1.121/2

common....

(quar.)

of

preferred

6-

Hardware Co., Ltd.—

convertible

Aspinook

6—15

6-28

:

A

$1.20

6-15

6-28

$3

.

preferred

1

10-1

$1.06 V*

Corp.,

America,

Class

H.)

7

Brooklyn Telegraph & Messenger Co.

12-15

2

7-

t2c

Corp. (quar.)__
Corp., com. (quar.)___
Allied Laboratories, Inc.
(quar.)
Allis-Chalmers Mfg. Co., common (quar.)
3(4%
conVi
preferred
(quar.)_
$3.75

6-15

1-2-51

(j.

7

6-

—

7-15

7%C

1

6-

3

lOd

(Detroit)

5-17

7-

preferred

6-

3

7-

$1

Brooke

9-15

6-12

.y

conv.

6-15»
7-

6-15

6-15

1

1

*26c'

—

British Columbia Forest Products,

1

25c

(quar.)

7-

2 % %

6-15

1

t'j; ■"

$1.05

Stores

of

6-

(quar.)

7-15

*40c

(quar.)_

(s-a)

Broadway Market Corp.
Brockway Motor Co.

Brown

(quar.)
Corp.

preference

6-15.

$1

6-30*

Ry. Co., Ltd.—'

6-15

93%c\

1

6-

7-15

93Vic

—

(iinal):

7-

$1.12%

:

6-

6-15

—1$< 1.234375

(final)

1

10-

1

6-20

$4

Products

Co.

:

registered

7-

-

7%c

5-31

$4

—

__

;

Aluminum

.

*

6-15

5%

______—

Allied

5-31

25c

Mtg.,
preferred

Ashland

2

6-

6-15

„

37 %C

Co.,

(quar.)

6-15

$2.50

Oils, Ltd

,

Allied

6-15

1

6-15

1

6-15

25c

(quar.)

(quar.).l

Mills,Inc.

6-

7-

75C

_

Steel

6-15

37 %c

Allen Electric & Equipment (increased
quar.)
Allen
Industries, Inc.
(increased)
Allied

1

6-15

7-

1

■

(s-a)_.

(quar.)

preferred

7-

75c

•

bearer

5%

1 »■

7%C

5-23

■A.

(quar.)

Allegheny & Western Ry.

$4.50

5-15.

(quar.)

cotiv.

Ashdown

Co.—-

preferred

Co.,

Allegheny-Ludlum

Ordinary

6-

$1.50
(increase)

6-15

*25c

Ltd.

Note,

(quar.)

Ordinary

6-15-

$1.75

.

Bank

preferred

British Columbia Electric

6-15

(quar.)

2

6-30

_

>

preferred

6-10

25c

(quar.)

—

Co.,

British-American Tobacco, Ltd;—

1

*10c

2

6-

6-15

10c

;

Pacific Consolidated

Aldens,

6-30

'

(quar.)
6%
conv.
preferred (quar.)
Asbestos Corp.,..Ltd. (quar.)

5-19
6-

■

6-15
6-12

(Watertown,
.____

RR.

6-15

6-15

;

V.' 75c
i.•

<s-a)

Power

5-31

6-

&

British-American Oil Co., Ltd., com.

3%%

6-15

6-15

$1.25

(quar.)

Constable

6%

9

■:

Co.
__

Southern

participating

Alabama

6-

20c

(s-a)

Great

Ordinary
6%

3

37 %c

(quar.)

Youngstown RR.—

preferred

Alabama

7-

25c

common.

<quar.)__

Canton

7

6-30

*

30c

(quar.)

preferred

Arnold

9

40c

i.
Akron

7-

5c

(quar.)

6%

6-

12 %c

—

(quar.)

—_,—

B

4*4%

1

3

5c

Bearing, com. <quar.)_
preferred
(quar.)

(quar.)

6-

preferred

Class

1

7-

5c

Corp

preferred

6-

*25c

Engineering Co. (quar.)_.—
Equipment, Inc.—

preferred

*$1

(quar.)

Light, $7 pfd.

preferred

Arikrait

Roller

convertible

i

Castings

Corporation,

convertible

Aetna

1

*$1.25

D.)

Aluminum

Aerovox

1

7-

(quar.)__

Company (increased)
Manufacturing Co.

(J.

Advance

7-

___

Steel

6-16

37 V2c

Co.

Armstrong Rubber, class A

7

*70c

pref.
(quar.)_
Electric Corp., common

$4

7

7-

*37 %C

i

Extra

$3.75

Payable of Rec.

5C

& Paper Co., Ltd., common..
preferred (quar.)
Acadia-Atlantic Sugar Refineries, Ltd.—
Class A partic. pref. (quar.)_
5%

Ltd._

G.)

British-American

1-20

6-30

15c

Power

preferred

10-21

1-31-51

(quar.)

(T.

Ltd. (interim)^
Bristol-Myers Co. 3%% preferred (quar.)

25c

'

Holders

40c

__

$1.50

Acme

When

Share

Extra

Abitibi

11-1

Bright

$L50

(quar.),

(quar;)

25c
15C"

1

Armstrong Cork Company
Per

Name of

$■1.50'
-

(quar:)___

com.

$6 preferred
(quar.)
Armco Steel Corp common

preceding table.

Briggs Si Stratton Corp.

7-21

1

51

When
Holders
Payable of Rec.

Share

6-6

6-

8-

(quar.)

Arkansas Power. &

th#

in

6-29

6-22

10c

Co.,

Per

Name of Company

6-15

50c

$1.50-

Corp

Edison

6-30

12'/2c

(quar.)

common

Corp.
(quar.)

Co.

Arkansas-Missouri

Below

Co

(quar.)

Angostura-Wupperman

6-16

7-1

Mining

Products, Inc.

Holders

Payable of Rec.

10c

preferred (quar.)
6%
preferred, (quar.)
Anderson-Prichard
Oil
(quar.)
Anglo-Newfoundland Development Co.,

6-24

56V4C

(quar.)

Copper

Post

preferred

When

Share

6%

6-12

7-10

10C

_i_

_

Mercantile

Anchor

6%

50C
__

(quar.)

Zion's

5-31A

6-15'-

.-.

*40c

>

;

Canada

Mfg.

'

*$3.50

common:

preferred

Ampco Metal, Inc.

•»

(quar.)

Corp.

Per

Name of Company

6-5.?

Anaconda

$1.12%

James,

__

Combing

i 6-14-- '

•

-u..

(quar.)_
&

Holders

Payable of Rec.

V15c

preference, (accum.)™

Extra

Yankee

Share

.

__

Power—^ v.*

W'oodward Iron Co.
Wool

.

(quar.)_____

When

Wines,

Bank

&

pfd.

6%

$1.12%

(quar.)

Co.

(N. Y.)

(quar.)

5-31

*45c

Ltd

Trust

1

$1.50

6-14

45c

7-

1

5-203

6-15

52

The Commercial and Financial Chronicle.

(2344)

When

Per

Share

1Same of Company

Chesapeake & Ohio Ry., common
3%%- preferred (quar.)

Chesebrough

Mfg.

Co.

6-20.

50c

(resumed)

87 %C

8-

6-

1

I

7- 7

Creole

Crompton

2

25c

Chicago

Mill

Lumber

<fc

6-23

6-

$3

Chicago, Burlington 81 Quincy RR
Chicago Great Western Ry.—
6% preferred (accum. i
Chicago Medical Arts Building..

6-28

6-13

6-30

62 %C

2

6- 9

V

6-15

6-15

40C

—

6-15
6-30

6-30

'*■

25c

v

6-20

$1.50

Knitting Mills.

preferred

7%

$1.75

4%

Gas

preferred

Cincinnati
4%

6-

10-15

Electric

1

7-

1

6-20

6-12

5-16

l°c

6-15

5-26

6-24

7-20

DWG
David

Cutler-Hammer,
Cigar

(For

62 %c

(s-a)._

accumulation

in

the

Equipment Company, com.
preferred (quar.)
Clayton & Lambert Mfg. Co
Clearfield & Mahoning
Semi-annual
Cleveland

$4.50

Cliffs

Iron

preferred

Cleveland

$4.50

Ry.

Detroit,

Hillsdale

6-15

5-29

5-29

6-10

6-

1

6-

$1.12%

6-15

7-

40c

(quar.)

2

Detroit

(monthly)

6-2

6-

Diamond

T

6-30

6-15

1

7-

1

6-16

7-

1

6-16

$1.75

7-15

50c

6-10

6-25

6-14

Dixie

7-1

1

Common

4V« %

6-30

$€

$7.50

Ice

7-

Colonial

Colt's

$3

1

6-14

pfd.

(quar.)

Co.

of

America-—

Co.

Shearing

Community Public Service,

Co,

conv.

Cornell

Y.

Corroon

5%
Cow

Co.,

Si

A

Reynolds.

Petroleum

preferred
Gulch

Oil

3%%

Company

pfd.

Dunn

6-20

6-20
6-

g-12

6-

Durez

Fuller

Gair

6-

7-1

6- 5

7-

1

6-20

,

7-

1

6-20

1

9-20

4%%

6-30

6-15

6%

5-12

Eastern

6-15

8-

1

6-

6-14

6-

2

6-15
6-30

Malleable

preference

5-29

7-17

6-

Iron

1st

Eastern States

Corp.

$7

preferred

A

$6

preferred

B

Kodak

$1.50

(accum.)

5

7-

1

-6-15

1

6-15

Ecuadorian Corp.,

6-15

5-31

Eddy

Paper
A

Ltd.

Corp.

Egry

5-25*

El

6-15*

Paso

$4.50

Oil

Electric

Co.,

6-15

6-

7-

1

6-16

El

$1.25

7-

1

6-16

Electric

Auto-Lite

50c

7-

1

6-15

Electric

Boat

7

1

6-15

$1.13
$1

(quar.).—

6-13

35c

.

6-15

66-

$2

preferred
Natural

conv.

1

5-24

6%

common

Gas.

Co.

6- 5

Electric Products Corp.
Electrolux Corp.

5-22

Elgin

20c

6-12

5-19

30c

6-10

6-

6-10

5-26

6%

$1.31 V4

7-15

6-22

(quar.)

25c

7-

1

6-26

6-12

6-26

6-12

(s-a)

2c

6-20 *

6-

$2.50

7-1

40o

6-20

93 %c

6-15

Class

8%

7%

6-15

(quar.)

(s-a).
,

VI
•

—

2nd

5

B

6-13

5-27

50c

(quar.)

Radio

dendi.

6- 2v
„

for each

the

One

5-25
6- 9

1

6-16

7-

1

6-14

6-

9

5-19

50c

Co

6-30

25c

7-10

6-23

7-

$1.25

(Calif.),

com.

(quar.)

/.

25c
40c*

.

15c

6-20
6-16

6-30

6-16

7-

%c
7 $1.50'

1

6-30

12

1

6-20

6-15

5-15

6-22

6-

7-

$1.65
70c

.

6-20

1

1

-.«■

7-15

6-28

mtt,.

May

share

(stock
of

Stockholders

29

6-

9

5-25

7-

1

6-15

6-30

6-15

7-

6-15

$1.75

Phonograph

additional

5-25

25c

(quar.)

(quar.)
&

9

50c
common

8-28

6-

25c

Co.,

7-15

25c

"

;

(quar.)

Mfg.

Co.,

divl-

1

,

4%

Box

Co.,

$8

Company

Cable

Corp.,

6%

preferred

General

Dry

5%

preferred A

4%

convertible

General

$3.75

General

6-23

6- 2

6-23

25c

6-15

6-

5

6-15

5-12

7-

1 ~

6-15

7-

1

6-15

6- 9

6-2

6-15

6-

1

11-25

11-10

$1

11-25

11-10,

6-12

5-24

$1.25

7- 1

6-20

10c

6-15

5-25

50c

(quar.)
(quar.)

7-

1

6-

$1.25

7-

1

6-9

$1.50

6-10

5-11

93%c

8-

9*

7-10

1

$1.25

8-

1

35c

6-

9

15c

6-15

6-

50c

6-30

8-12*

25c

6-15

5-25

(quar.)—25c

7-

1

6-9

$1.50

Signal,

7-

1

6-9

Co

com.

—

Corp

common

.

(quar.)

'

7-10
5-19

5

Steel

prior

Castings—
preferred (accum.)—^
stated

'1

:—1

$15

(accum.)

that

Telephone

Corp.,

preferred

on

this

.

$31.50.

Brick

&

common

•

'

Tile

(quar.)_
Lumber—

Georgia-Pacific

Plywood &
preferred
(quar.)—

Georgia Power Co., $6 pfd.
$5
preferred
(quar.)

Co.

.

:

6-30
1

6-15

50c

.

6-9

6-1

7-

56ViC

7- 1

Machine

Coi (quar.)

(increasedi

pref.

6-21

i

$1.50
—

*

7-

1

6-15

$1.25

7-

1

6-15

>

50c

$1.12%

6-10

(quar.)_

6-15

6-29

$1.25
25c

5-25

6-30

.

(quar.)——-— 15c

Safety Razor Co., $5

Gisholt

6-12

<

1—

Company, com.
preferred
(quar.)_^

Refrigerator

50c
55c

(quar.)

Products

1

6-20

.

In¬

.

.

(quar.)_

Co.

6-

7-1

pre-

(quar.)

Georgia-Carolina

6-15

*3

arrears

ferred will <be-reduced to

4%%

6-23

1 "

.

(quar.)

prior preferred

Gerber

6-15

7-

10c

—

Advertising Co.. Inc.,
Phoenix Corp.
(quar.).—

Company

$2.25

6-6

1

25c
37%c

(extra)

Equipment

General

2

6-28

75c

preferred

Cement

$6

6-19

7-

25c

(quar.)

(s-al

Printing Co.

Portland

$6

6-

r

6-30

-

Outdoor

Railway

-

50c

Corp., common—
preferred
(quar.)___———

preferred

1

25c

Precision

6%

1

10c

C

General

General

1

8-

7-1

(increased)____

General
General

7-

7-

'

$1

\ •

Motors

preferred

$5

General

--.t

31V4C

(quar.i—

(quar.)

Mills, Inc., common
preferred (quar.)_

5%

5-31

$2

Co

5%
&

5-31

6-21

6-10

:

—

General

General

Gibson

-

(quar.)

(s-a)

Fireproofing
Manifold

*

1

•;

pfd. (quar.)
preferred (quar.)___

preferred

General Industries
General

1

6-7

7,
7

6-10

1
1

6-

7-

75c

1st

Corp., com.

6-23

$1.06V»

(quar.)

Batteries

66-

;

*

75c

—

General Candy Corp. (quar.)
General Cigar Co.,
common
;
General Controls Company, common

General Finance

&•

6-20

.

1

2c

(quar.)_
5% pfd.

2nd

6-

1

7-

37 %c ;

v

Corp.—

preferred

4%

,

•

6-15

-

25c ?

(quar.)

Gillette

"

—100%

Baking

1

6-15
6-15

'

1;"^

7r

v$l

;i

f;
-

^

(quar.)

-

convertible

common

approved

Transportation
series A

12-

"

7-1

;

*

4*1.38

Manufacturing Co., class A
B
(quar.)_^

7-

430c
4$1.25

*;

(quar.)

American

l-li^
8-21

-

6-20

20c,.

(quar.)

common

(quar.)

preferred

General Builders Supply,

4.40%

(s-ai

share held.

split 'on

6-15
7-

30c

^

:

Electric

preferred

Emerson

.6- 1

35c

:

(s-a)

preferred

preferred

Emerson

"

pfd.

6-20
6-10

$1.12%

Emerson Drug Co., class A

6-22

20c

62 %c

(initial)

preferred

5-31

1

6-20

National

1st

6-12
7-

Watch Co. (quar.)
& Williamsport RR.
(s-a)
Ely & Walker Dry Goods Co.

20c

common

30c

1

$1.06V4

Elmira

7%

5-16

$1.37%

prior preferred

6- 5

1

6-15

(quar.)

6-19

6-

6-

6-15

common

preferred

6-10

6-10

6-20

75c

6-19

62 %c

6-12

6-30

(quar.)

common

10c

1

5

Co

75c

(quar.)

6-

(quar.)_.

(quar.)

(quar.)

(quar.)

50c

I

1

6-30

$1

,

Electric Controller & Mfg.
Electric Ferries, common

1

6-15

Paso

pfd.

Works

10c

25c

quar.)

El

5%%

40c

1

7-

425c

Edison Brothers
Stores, common
4V4% participating preferred

1

5

12%c

6- 9

7-

9

6-

_J

€-15

93 %c

6-

1

40c

(quar.)

1

Dorado

1

7-

(irreg.)

common

1

"6-15

7-

40c

(quar.)

Register,

9

$1.50

Ltd.

6-30

40c

6-

1

$1.50

„

7-

6- 9

6- 1

7-

common

7-

30c

6-15 -

$1.75

6%

7-

6-10

—

(accum.)

Company,

Power

$4.25 preferred

General

;
•.

6-30

*

;

40c

—-—.

Quarterly

General

Railway—

(quar.)

preferred (quar.)
Economic Investment Trust.

1st

1

.V'^'VV&V' '•?■!>»''/'-'•■T Z- 'iQ'

■

5-19

V 50c

(quar.)

(Maryland!

Company—
preferred
(accum.)

6-

6-9

p

9-11

34%c

&

6-10

"frr 9
:;5-26

8-10

6-30

6-30

1

-

4 ;.

28V8C

5-23

7-

6-

,

.'"6- 8

6-10 i 5:5-19

(quar,)__-___

preferred

7-20

7-1

6-16
•

6-30

(quar.).

1

$1.50

6-30

37%c

(Julius),.common

6-15

V

6-15
6-15

V"" 30c

i

30c

,

»

'

10c
$0ow.

—a • ?

8-

$1.12%

1

(quar.)_^

6-19
9-1$:

-12-1$.

..v

V V 15c

—-

5

10- 2

15c

—?

Gauley

General

>

1

6-

1-2-51

15c

Inc.__I

20c

:

Street

A

(quar.)

Mountain Coal Co._______
Gaylord Container Corp. ___j._

5

""'
6;

7- 1*

•

2%c:
2%c<^

Gemmer

6-

6-20

.

6-23 V

5c

1

J

25c

(quar.)

Co.

(resumed)-

5-31

6-15

9-18

"•

6-15

?5c

-

5-22

$1.25

6-29

»—

6-10

General

"5-2

12-20

preferred

Class

5-31

,

10- 2

r.'25c
7c

com.

2

7"

7-11

9

37%e

;

15c

(quar.)

6-15

6-

=

7-1

;"t$0c

Gatineau

5%

>

7- ;t-..V'ft.!#-

'

V.

25c

Inc.

(accum.)

Massachusetts

5-26

,

preference

6%

2

62 %c

V

5-22:

*

Eastern

7-7

6-14

prior

,

*
r *

1

6-5

:

6-15

'

6-

/

Inc.—

—

$1.60

7-11

,

Chemicals,

preferred

5-19

a3%

East Mahanoy Railroad (s-a)__
Eastern Gas & Fuel Associates—

10-

6-

12%

a

5-31

.

6-15

-

50c

(Increased)

(Theodore)

5V2 %

Sulphur & Potash (quar.)
Eagle-Picher Company
(quar.)_

1

Gary

5-31

—

25c
' 20c

preferred
(quar.)__^
Corporation, (Increased)————

Garrett

5-31

•-

I; 6-15

25c

Co.

A.)

;

6-15

t

6-15
6-15

,

81'Ac

37%e

:

Investors,

1
5

L

(quar.i

convertible

V '* 5% %

5-31

6-18

Duval

6-15

7-10
7-10

6-30

6-10

;

62%c

;

(Robert)

7-25

6-30

1

66-

"7

VvVV;;';

Corp.

& Company,

Company

4%%

'VW-

(s-a)—
&

5-22

25c

6-

..

Co., Inc., com.
9%- preferred (quar.)
9%
preferred (quar.)
8% preferred (quar.)_l

1

$1.12%

8

6-15

series

Co.

(George

7-25

9

6-

20c

(irregular)

Fundamental

30c

Products^..

Plastics

(D. B.)

Gabriel

6-15

8-14

6-30

/

Funds.

Common

1

7-1

:

30c

.

(quar.)

Steel

stock

Power

Common

25c-

i

Steel

30c

(Interim)

Corp.,




Frontier

5-20

87V2c

—

registered

Extra

6-1

•r,6- 7

Eastman

(quar.).:

(quar.)

$1.13

(quar.).

50c

V
V

»

(quar.)_

$1.12%

com.

Preferred

5-27

6-10

$1.12%
:

common

preferred

Ordinary

6-1

450c

(quar.)

pfd.

1

6-1

85c

(initial)

Mfg. Co. (quar.)
Dunlop Rubber Co.. Ltd.—

12-

183/ic

,

(quar.)
$1

7-

Garfinckel

——

preferred

Custodian

6-15

/ 25c

T

Duncan Electric

6-15

10c

_

(quar.)

Corp.,

9% -prior

Pressed

7- 1

5-27

6-15

.

Franklin

•' f 6-15

•

25c

-

preferred

Wayne

Fostoria

7- 1

35c
93%c

—

.

6-10

6-20

,

Foster-Wheeler Corp. common
6%r prior preferred (quar.)

1

1

8

30c

quar.)

Co., common
Corrugated Paper

7-

7- 1

50c

(quar.).

(quar.)

Bradstreet,

Class

common

preferred

12-15'

40c

(quar.)
Co.

&

53c

com.

t(

7-

par

Company____

7-14

7-15

81

?

Consensus, 5%

Duplan Corp.

(quar.)

com.

com.

Fort
.

9

6-

7;

1

$1

to

$20

(increased

common

7-15
-

equivalent

preferred

conv.

8-15
7-15

;

$1

(quar.)V;

common

(quar.)

preferred

Vai's

Dun

9-9

6-20

(quar.).

Croddock-Terry Shoe Corp., 5%
Crane

Du

6-10

9-15

50c

(quar.)

com.

v

81VkC

Company

preferred

$3.50

:

2

10c

Corp. (increased
(initial)

preferred

preferred

$4.50

6-121

6-13

475c

Dubiller Electric

£5.25
Cosden

Steel

>

Co.—

Cooper Bessemer Corp.,

5%

1

6-12

75c

£3 prior preferred
Copeland
Refrigeration Corp
Copper Range Co. (quar.)

Copperweld

7-

6-15:'

_

Co.

7-1

10c

Co.

5

1

6-

1

25c

Mineral

Fuller

Mont (Allen B.) Laboratories, Inc.—
5%
preferred (quar.).;.
du Pont (E.T.) de Nemours & Co.—
Common (second interim)—

10c

$2.50

1

6-

6-15

*

—_—-

6- 2

(quar.)

Steel

Coffee

1

6-15

_

Continental

Driver-Harris

5-31

'

—"VV'V,

preferred: (quar.)
Drewry's Ltd., U. 8, A; (quar.)

6-12

:

———'

3 3/* %

Industries, Inc.,

6-

7- 3

£1.75 /'■

Dresser

7-

Foote

..

(quar.)
'

6-14

10c

£3.75 preferred (quar.)—
Continental Commercial Corp.
(quar.)
Continental Foundry & Machine
Co., com...
5%
preferred (quar.)
Continental Gin Company common
(quar.).
4% <k preferred (quar. i_
Continental Oil Co. (Del.)
Cook

preferred

6-7

6-15

Foote-Burt

7- 3

,

——

6- 9

1

7- 3

(quar.)
4$1.12%
(increased),
v
60c

(quar.)

7-

42 %c

(quar.)

Co.,

A

1

7-3

H6-

1

f -

$2.50 preferred (quar.)
Machinery 81 Chemical—
';3%%'* preferred (quari)_i.

8-

7-15

7-

Food

8-1

'

1

7-15

425c

415c

6-

6- 1

6-10

50c"

common

dividend

5%

1

6-10

$1

Light Co.;

Fair Stores,

425c

com.

6-24

25C

___

Assurance

2nd

5-18

(quar.)

Ltd.—

preferred

Company,

Food

6-15

6-15

In

6-

7-

"

9

5-22

i

(stock

payable

6-

;

6-10

stock)

6-16

7-15

;;4$1.75

6-30

5-25

Increased semi-annual

Power

Paper Co.,

convertible

Chemical

$3.26

6-30

—

common

Corporation (quar.)
Dravo Corp., 4% preference

6-

(quar.).

Consolidated Retail Stores,
4Va% preferred (quar.)

25c

Mills

&

1

$1

(quar.)

common

5

5-31

,'5-19

r

1".

430c M

Corp

Power

1-

5

6-

6-15

6-10

50c

(s-a)

of America, Inc.—
(cash dividend)

9

4$1
437%c

425c

Ltd.,

v

(quar.)

Common

6-30

(quar.)

Draper

$1.25

Company,

Dow

£-$0

5c

Consumers

4%%

I

10c

N.

7-31

Company,

Power

Common

5-31

—

certificates

Flour
.

9-15

9-

(quar.).

6- »

-

9-20

6-23
6-10

417%c

(quar.)

6-19

37%c

Corp.
(quar.)
Consolidated Lithograph Mfg.
Co., Ltd
Consolidated Paper Corp., Ltd.—

Can

6-

5-15

trust

Textile Co.,

preferred

4y2 %

Utilities

Consumers

7%

Donnacona

6- 2

6-10

6-15

_

Gas

Dominion

6-20 v

6-15

_

(quar.)

Engineering

Extra

Continental

6-20

15c

preferred (quar.)

Continental

9

$1 -preferred

6-13

;

22 %c
'

(quar.)

£4.50 preferred
£4 .52 preferred

6-

;

voting

6-30

$1.75

(initial)

(quar.)

Consolidated

1

Ltd.

6-30

$1.50

;

Consolidated

7-

Common

1

5c

—

Stores.

$1'-

$1
50c

7

6-

6-30

•

55c--;

-r

7-

1*. 8-1

6

6-15

65c

I;

York Corp., $2 preferred
Fittings, Ltd., class A (s-a)
$4 preferred

;

,

2%c
*

—

First

6-15

50c
—

Ltd

(quar.)

$1

Extra

Flintkote

,

(resumed)

Inc.

6-

6-15

$2.50

^

Fund,

5-29

7-21
>

$2.50

com.

Extra

...

15c

40c

(Bait.), class A

Class B (s-a)

Du

Connecticut Light & Power—
Connohio, Inc.. common.....!

$5

7-15

(quar.)

15c

15c

Mines, Ltd
Connecticut Investment Management
Corp.—
Semi-annual
:

Co.

Corp.

Mfg. Co.

Dow Drug Company 7% preferred (quar.)

$4.37%

new com.

Corp.

——

(quar.)—
Dominion Tar & Chemical, Ltd.. com.

(Louis¬

ConLaurum

Consolidated Edison

8- I

Domlnquez Oil Fields Co. (monthly)
Square Corp., Ltd.—;————

6-26;;:'

t$2

Cigar

5-26

437V2c

...

Mines,

Oomlnton

x%2

preferred

6-12

8-15

Dominion

4$2

40c

6-27

15c

:

1

V

—

(s-a);—

common

Industrial

9

(Phila.)—

Corp.

(accum.)

Philadelphia (quar.)
First Boston Corp., $2 preferred (s-a)
First National'Stores, Inc.
First Security Corp., class A (s-a)

6-

£-1

6-15.-.
.

6c

Publications (quar.).,
Confederation Life Association (Toronto)—

Consolidated

25c

f

(quar.)

(quar.)

25C

Nast

preferred

6-

B

common—

Association of

6-10
6-28

A

25c

Co.—
....

Corapo Shoe Machinery Corp.. (quae.)-..

40c

I-t

6-10

VV'tVr'V:'-.'

$1.20

6%%
preferred (quar.)
Commonwealth Water Si Light Co.—
£4 preferred (quar.)..:
1
$7 preferred (quar.)

Extra

9- 1

25c

Class

Financial
Fire

Florida

11- I

$$. *10- 6v

u

•

Stamping

Inc.

75c

(s-a)

(increased quar.)

.

$4-preferred

—_

Commonwealth Life Insurance
ville, Ky.)
(quar.).,
Commonwealth Water Co.—

Quarterly
Quarterly
Quarterly
Coagoleum-Nairn,

5

6- 9

(Ohio)

......

Conde

1

6-

7- 1

Dome

(Wash., I>. .C)

Commercial Solvents Corp
Commonwealth Investment Co

.

V

$1
60c

(quar.)

Si

Finance Co. of America

Florida

1

7-1

$11

(irreg.)

Columbia Title Insurance Co.
Semi-annual

,

$1.50

Co.

Credit

1

Hundred Walnut St.

preferred

6- 9

1

6-30

$1.50
•'

6-15

5-25

.

?•

6-30

6-26

9-

6-12

87%c

—

common

(quar.)
Columbus Mutual Life Insurance Co.
Semi-annual

Commercial

53 Vac

—

(quar.)

Life Insurance

Commercial

■i

5

425c

6-

—

,

(quar.)..."

Carbon

.

1

Fifteen

5-25

9

•' 6- 2

6-23

6-15

6-15

6-

$1

8-11

>'■

6-

Fifty Broadway Building

6-15

9-15

6-

8-15

6-30

6

6-15

-

420c

6-15

class

4$1

(s-a)

6-15

•

I

6-30

6-

4

6-10

7- 1
10-

6-23

8-

%c

-

.

9

6-

11-

50c
—

6-

6-16

6-15

8-15

50c

—

—

(quar.)

6-24

6-30

35c

37%c
62%c

12-

135c

Manufacturing Co.

Columbian

6-30

-

135c

Company,

(quar.)...

3

6-10

.

40c

6-20

$3

1

25c

11-15

6- 5

7-

Screw

50c
50c
lc

(quar.)

6-

Enamel

25c

pfd.

Cement

Canada

of

Works (quar.)
Corp
Fibre Products of Canada, Ltd.,
5%
preferred (s-a)

3

—430c

Doernbecher

;

Company, Inc.

-

Doehler-Jarvis

(quar.)—

preferred

Federal

Company
t
15c
Dodge -Si Cox Fund ( quar*20c
Quarterly
20c

-

Ltd.—

Coigate-Pahnolive Peet, $3.50
Colonial

5

Insurance Co.

7- 5

—

Dobeckmun

!

_

preferred

6-

5-31
■

■

6-15

15c

6-20

Corp.-Seagrams, Ltd
Cup Company, common

$2.50
$1.50

(quar.)

Common

Fire

Co.

preference (quar.)
Productions (see Walt Disney

Productions)

plus

Coleman

Federal

6-15
"

Co.

Inc

Ferro

Distillers

7-

♦1
plus

Co.,

9

Shops,

Federal

class A

(Walt)

Insurance

6-15

Car Company (quar.)—
Corp. (quar.)
Co., Ltd.—

$1.50 conv.

Dtsriey

Life

6-

RR.

,

$5

Corp.

6-15

Motor

Diana Stores

'

—

7- 1

(quar.)

Portland

6-14

6%

30c

(quar.)_

Fair)

Motors

6-15

Match
Company
participating preferred

Diamond

Inc.

$2.50

6-

Diamond

2

6-12

$2.50

Bake

7-16

•

6-17

Quarterly
Federal

6-1

6-15

8- 1.

/

1

30c

—

Company

6-

20c

dividend).

Plow

Corp.

Alkali

5-22

11-10

1

1

Traders

6-15

8-11

7-

The

(see

&

•"

1

7-

preferred

Farmers

5-29; ,-:

^

1

7-

12V2c

$2

Realty

&

6- 8

£1 12%

preferred

dividend

9

Disher Steel Construction

Coca-Cola International Corp
£6 class Av Entire issue called for redemp¬
tion on June 30 at $105 per share
this

,7- 1

$1.25
25c

——

(resumed);',

com.

Western

-

Steel

Diamond

$3 class A (entire issue called for
redemptlon on June 30 at $52.50 per share

Cockshutt

Mortgage

25c

(quar.)
Water Works, 7% pfd. (quar.).
Clorox- Chemical
Company (quar.)
Coca-Cola
Company, common.;

this

5c

12-

9-

12%c .*"6-15

Mining & Smelting Co
Federal-Mogul Corp. (quar.)

(quar.)

6-12

;

7- 1
7-1
6-23
6-15

50c

(quar.)

South

&

6-15

10c

$1.25
$1

(quar.).......

——

20c

...

6-15
6-

5-31

6-19
•

(quar.)
$0.18625
Famous Players Canadian Corp., Ltd.—
Quarterly
425c
Fanny Farmer Candy Shops, Inc. (quar.)__
37%c

6-15

6-30

9

7

50c

Brewing

4%%

6-

,

25c

Railway

Falstaff

6-16

(quar.i___

Products,

(The)

6-

;

6-10

\

50c
$1.25
$1.25

(quar;)..——

Co.

preferred
Co.

Extra

6- 9

6-12

V

$1.25
—

5-26

6-30

(quar.)..

Rubber

&

preferred

Detroit
1

Tire

Inc.

convertible

6%

■j 6- 2

$1.12%
com.

Fair

•

(irreg.)

Corp.

Fairmont

6-30

1

6-30

■

common...

preferred

Fabricon

9- 6

Inc.,

7-

6-15

;

87%c

.

Quarterly

Derby Oil Co. (Kansas)
Detroit-Michigan Stove, 5%

6-20
12-20

"•

Fund,

Semi-annual

1

7-

1-1-51
6-15

Clinton

•>

Harvester

V./

Poods, Inc.
conv.

Detroit

6-15

25c

(quar.)

Machine
Cleveland
Co. (quar.)
Climax Molybdenum Co

4%%

Denman

1

$1.50

(quar.).

Hobbing
Quarries

Common

1

6-

$1.50

common

Cleveland Graphite Bronze Co.,
5%
preferred
(quar.)

Clinton

Delaware

Illuminating Co.—

preferred

Cleveland

6

6-15

12 %C

-

(quar.)

Electric

7-

6-

50c

(s-a)

Co.,

1

$1.25

(quar.)..

6- 6

6-30

•

—

A

'

25c
r.'

8^30

;

7-31
v

5c

(quar.)

Ex-Cell-O

12- 6

25c

7- 6

5%
preferred (quar.i—_—.
Dayton & Michigan RR., 8'/o pfd.
Deep Roclc Oil Corp

1

7-25

.

10c

Manufacturing Co,
(quar.)__
5% preferred (quar.)

5%

6

Dayton Malleable Iron Co.

1

5%

5%

6-

37%c

(quar.)

6-12

6-15

,

10c

Clark

Corp.

6-15

divi¬

limitation)

Chemical

6-15

8-

30c

ft- 9

125c

8-

30c

Co.

(quar.)

6-30

30c

—._

class A

—

6-30

:

$1.50

$1.50

(quar.)

1

; 6-30

■

(quar.)

(quar.)

unpaid

dend

v

Ltd.,

&

Extra

25c
425c

Corp

Frere,

Davidson

Homes

(quar.)

Inc.

1

6-

450c

'j

preferred

$5

6-10

1

6-

6-10

(s-a)

preferred A

$5

Eversharp,

50c

8-

$1.37%

1

6- 9

50c
50c
30c

6-15

Ltd

Eskimo Pie,

(quar.)

25c

Products.

common„_^__-_-___^_r__ ..:
(quar.)
—

Ero

(quar.)
(quar.)

1

6-15

$1

(quar.)

Co.

9-29

,

,31c

,

;

20c preferred

guaranteed
Railroad

9-1$

A

7-

6

7%
Erie

6-30

10-14

50c

(quar.)

Heating

6-15

A

6-15

A

$1.12%

A

7-

City Investing Co., 5%% preferred (quar.)
City Products Corp. (quar.)
City Railway (Dayton), common (quar.).—

& Suburban

11- £

class

5-12

Class

11-15

class

6-

City

8- 5

class

6-24

common

9-15

common

Curtlss-Wright Corp.,

6-12

Co.,

6-1$

9-30
8-15

$2

5-22

$4

stores

7- 3

;

&

7-15

...

"

Fund, Inc
Erie Coach Company (quar.)
Erie Si Pittsburgh RR. Co.—

6-14

7- 1
10-20-'
7- 1
7- 1
6-19
6-19
9-18
12-18
6-15

$1

City

91.7*
$1.75"
V
10c

*

—

common-.^—

Equipment—

preferred

Enamel

V

...

Co.,

Equity

Si

-

,

4*25

;

Co—

Equity Corporation

6-15

Extra

(quar.)

preferred

6-13

$2

6-15

Co.—

(s-a)

non-cum.

7-1
6-30
6-30

$1.12%
75c
$3.50

Cities

6%

50c
$1.25
$£

Clothing. 4%% preferred (quar.)...
preierred (quar.)
Curtis Publishing Co., $4 prior pfd. (quar.)
$7
preferred (accum.)

*2

(quar.)

Co.

4%'

Derrick

Holders

Payable of Rec.

*

„.(J25c )

Electric

Capwell

5-23*

$2

7-

6-15

$64

District

6-15

•'

4%%

9- 6

Empire

Emporium
fcoiaco

,

Co.,

?

(quar.)

6-12*

(accum.)
(quar.)

;

(quar.)

A

50c

Curlee

Cincinnati, New Orleans & Texas Pacific Ry.
Service

A

10c

£1
RR

class
class

——

Co.—

Inter-Terminal

preferred

$1
$1

(quar.),

Culver Corp.^ (extra).
Semi-annual :

8

$1.75

(s-ai
(increased).

com.

(quar.)
&

Sugar

5-19
,6-1
6-14

30c

preferred (quar.)

preferred (quar.)

6- 9

When

Share

Empire Brats Mfg. Co., Ltd.—...

9- 9
6-24

(quar.)

preferred

Company

75c

——

quar.)

8%

6-10-

Corp.— ; '• ,*
25c
7- I

preierred

7ft

6- 5

7-15

$2.50

pfd.

5%

Co.,

Chrysler Corp.
Cincinnati

6-20

25c

$1.50

Securities

Forster,

Si

5%

Cuban-American

5

6-

Co.

6-30

Per

1

Name of

$1.50

y

Works

Corp.—

(increased

Steel,

Crum

6- 5

6-15

25c

Christiana

Zellerbach

Common

ft-13

'

Publishing

International

7%

Chicago, South Shore Si South Bend RR.—
Quarterly
Chicago Towel Company, common—
1% convertible preferred (quar.)
■Ohickasha Cotton Oil (quar.)
L.
—

.

(quar.)

Crucible

6-13

$1.25

(quar.),

A

Crown

5-26

75c

Chicago Rivet & Machine Co. (increased)
Chicago, Rock Island & Pacific RR., com.—

Corp

& Knowles Loom

Cork

25c

(quar.)

Crown Cork & Seal Co., Inc., $2 pfd.

5-31

6-30

;■

30C
30c

Chipman

Crown

Inc.

Holders

Payable of Kec.

Shore

,

America,

Croweli-Collier

6-15

6-30

$1.75

of

Petroleum

Class

(quar.)

5% preferred series A

Name of Company

Creameries

When

Per

.

/

6-

6-23

50c

(quar.)

Holders*

Payable of Rec.

Monday, June 5, 1950

8- ,J.
,

6-14.

6-16

'

,

.

1
.&•! I

,

Volume

The Commercial and Financial Chronicle

Number 4913

171

When

Per

Share

Name of Company

Glatfelter

(P.

f

Gleaner
Glen

Coal

Glen-Gery
Class
6%

Palls

Glidden

Globe-Union,

Inc.

preferred

Goebel

Co.

Brothers,
prclerred

$2.50
Golden

State

Goodrich

$5

Howe

Oil Co.
(Texas)
(quar.)
Company, common (quar.)
(initial)
preferred

1

6-15

7-

1

6-

2

7-

1

6-

2

Hubinger Company
Hudson Bay Mining

6-14

6-

8

6-15

6-

5

7-

6-20

Humphreys Mfg. Co., common
6%
preferred (quar.)
Huron & Erie Mortgage Corp
Huttig Sash & Door Co., new com.
6%
preferred (quar.)

$1.75

1

5-23

10c

6-12
6-12

5-23

7-

6-15

Co.,

(B.

Inc.,

pfd.

Company,

12%C

Fisheries

(W.

R.)

&

Class
Class

9

&

6-

9

6-

9

Ideal

$1

6-15

6-15

Illinois

6-15

5-1B

6%

*12 %c

6-15

5-15

Illinois

*25c

6-15

5-15

7-

i

Company

*25c

.

Varnish

Grant

Indiana

8-25

Great

Lakes

Great

Lakes

Great

Y.)

(N.

11-25

12-15
6-20

6-

9

6-30

6-

9

Industrial

7-

1

6-

8

$4.25

7-

1

6-

8

$5

Great

6-20

Industrial

6-30

6-21

Life

Insurarce

Co.,

6-10

6-

40c

common

-

12-10

400
50c

Western

7%

preferred

6-16

Inspiration

30c

7-

3

6-10

Greenwich

Water

Corporation,

preferred

Griesedieck

5%

System,

$1.75

7-

3

6-10

preferred

conv.

:'$5

.

Sugar

Co.,

37%C

———

i

issue

June

30

called

at

for

$103

redemption
share

per

6-

5

7

6%

into

stock

common

Gulf

Oil

Power

Gulf

States

/>:•

v

_

.

(quar.)

Company,

preferred

Hamilton

Bridge,

Hamilton

Watch

.4%

Iquar.)———

X.-.;

6-10

1

6-15

(quar.).

V

7^ 1

.

i

25c
>

25C

5-19

7-1

j

>

6-9

$1.12%

7- 1

shares

6-10

5-2B

$1

on

6-30

6-10

6-30

Refractories

preferred (quar.)
Harris (A.) Company 5%%
jfi%%

preferred

Harshaw

•

';-

5%

6-30

Co.

'

.

6-30

6-15

7-20

7-

$1.50

,

pfd.

$1.37%

(quar.)

6%

Electric

-

Hecla

Hein-Werner

25C

(H.

1
1

10-20

Common

6-23
5

6-

6-22

1

7-18

8-

7-15

6-30

50c

6-2

7-

1

6-

9*

6-15

6-

1

25c

(quar.)

6-10

30c

(quar.),,

6-20

€-

5

3.65%

pfd.

6-23

6-

.

•

7%

6-

5

50c

1

6-15

$1.50

7-

1

7-

1

6-20

Hercules

Motors

Corp

25c

7-

1

6-20

53 %C

8-15

7-25

56 V4C

8-15

7-25

25C

6-15

5-25

50c

6-10

5-31

Co..

common—

Bartlett

&

Co.
20c

Monthly

6-30

6-20

20c

Hinde
Hinde

Dauch Paper

&

—

7-18

6-30

6-

7-

60c

3

5-31

7-15

*25c

—--

(quar.)

6-30

Co.

Furnace

6-13

50c

6-30

6-

2

62 %C

(quar.)

7-

*6c

Holland

6-12

6-

2

1

Hollinger Consolidated Gold Mines, Ltd.—
Hollingsworth & Whitney Co.,
$4
preferred (quar.)—
Holophane Company. Inc.,.
Holt

(Henry)

common

$1

preferred

Home Oil

Co.,

Title

Homestake
Honolulu
Book

(quar.)
Ltd

—

Oil

Corp.

Drugs, Inc.

Co.

(Bklyn., N. Y.)~

(increased)

(quar.)

(quar.)—,——

$4.25

preferred

6-30

(quar.)

(quar.)—I




6-16
6-

1

6-20

9-

1

8-21

25c

12-

1

11-20

1

6-20

*25c

6-15

5-15

20c

6-30

6-20

7-

6

75C

6-16

6-

$1

6-15

5-25

25c

Hooker Electrochemical Co.
#4.50 preferred

1

25c
,

25c

Guaranty Co.
Mining

6-15

12 %c

(quar.)—!

,$1 non-cumulative class A (quar.)

Home

7-

$1

& Company, common

i$l non-cumulative class A
5%

6-

Liberty Life
ri Quarterly

for each

.11-1

:

.

.

6-30

6-21

*

.*#1.06%

6-28

6- 7

$1.12%

6-28

6- 2

2nd

Johnson

..

^

5%

&

10-19

New

Products

Co.

7-

-

pfd.

7- 1

6-15

6-15"

"

6oc ■

7-

6-30

6-14-

6-15,

5-31

1.

20c:

7-

40c

x

6-1.0

r

,

6-

5*

•

(So.

5-25

7-3

Little

5-31

7-

,

xl%%,.

$1.25

5-31

7-

3

/

-5-31

Co.

$4.30

r

87 %c
37 %e

6-12

5-31

.......

17%C

6-

9

5-29

12 %c

6-30

6-15

25c

6-30

6-15

75©

7- 1

Railroad

special stock
(quar.)

6-15 "

6-30

Little

7-18

«

1

Navigation RR. & Coal

Schuyklll

Co.
75c

Pipe

8%

'/

6-30

5-29

9

»

preferred

(quar.)

■8%

6-21

6-

preferred

(ouar.)

8%

preferred

(quar.)

Aircraft

1

7-11

7-

1

6-30

Lone

10-

2

9-30

Lone Star Cement Corp.

65c

7-

1

7-

/:

6-

2

7-15

7-

Lorillard

5-29

6-

6

6-

6

6-15

6-

1

6-15

6-

Los Angeles

Company

1

Company,

com.

(quar.)
Biltmore Hotel Co.

Los Angeles Investment Co.
Los

—

(interim)

—

Louisville & Nashville RR.

1

4Yt 7o

Lowney

8-15

(quar.)
Co. (s-a)

S5c

,

■yf;* $1

6-15

7-15

6-30

6-30

6-

7-

& Sons,

preferred A
(Walter M.)

12 %C

$1.12%.
40c

1

Lytton's,

(Henry

5-31

M. J.

7-

6-15

Macassa

6-30

25c

6-15

20c

6-16

'

6-15

6-

& M.

1

5%

35C
37 %c
175C

$1.12%

.6-30,"
7-

1

7- 1„

.6-15
6- 6

6-20

1-

i

'

C-16

1

6-

7-

1

6- 9

6-21

6- 5

6-15

6-

9

1

12 %C

6-29

6-16

50c

6-15

6-

V
I

88C

6-12

6-

6-15

5 31

7-

6-15

7-15

6-15

50C

6-15

6- 2

17%C

(quar.)

(quar.)
& Company—

common

Lytton)

1

*25C

Consolidated Oil

Co.

Ltd

Structural

(b~b)
—

Steel,

6-10

8- 1

150

6-15

6- 1

6-10

5-25

%C

6-15

3-31

*3c

6-15

5-10

5-3*

Ltd.—
>

*$1.25

6-15

*12%C

6-30

6- 9

*12 %c

preferred (quar.)
(fl.. R.) Export Co., Ltd.—

•

A

Class

6-20
6-15

5-26

7-

6-30

0- 9

Macmillan
Class

~37%c

&"m.

Mines,

Mackinnon

1

6-

C.

6-12

15C

6-15
1

Products,

Metal

6-15

30c
30c

.

$1.06

6-10

$1.12%

Lyon

9

6-13

6- 9

Inc.—

(quar.)
Co., Ltd

Mfg. & Sales Co
Luminator-Harrlson, Inc.

5-31

$1
50C

Mortgage

(M.)

5- 31

€-30

7-

15c

—

Ludlow

40c

Title

6-30

1

$2.50

(quar.)

Transit Lines (quar.)
& Exploration Co. (quar.)—

Angeles

8-15

Company $4.50 preferred (quar.)—.

9-1-2;

€-15

60c

(quar.)

Louisiana Land

6-

Kendall

2

1-1-51

$175

(quar.)

5-26

1

;

10-

7»rt

87%C

(quar.)

5-26

1

^

en

25c

preferred

7%

1

(P.)

9-

Ltd.

1

37 %c

Brewing

Lone Star Gas

6- 2

1

6-12/

r

Star

9-

Canada.

7-

50c

(quar.)

Inc.

Loew's,

6-15;

of

9 29

$1

8-

$1

B

8-:: I

9-30

$1

—

Corp

20c

Louisville

Class

8-31

#1

—..

7-31

$1
$1

—

Lowensteln

;

6-12

e?o

$1

Common

5-29

(quar.)

7-15

6-30

Company

Common

5-31

quarterly

6-10

$1

Joint

6-10

Kelvinator

$1.10

Semi-annual
Lock

6-10

Co.

12- 9

50c 3-10-51

^

35c

Kayser (Julius) & Company (quar.)
Kearney & Trecker Corp
Kelley Island Lime & Transport Co.—

9- 9

50c

9- 9

8-

$1.50

_—

6- 8/
-6-10

#1.00 3-10-51

6

$2.25

A

50c
50c

—

stock

15c

Increased

$1.08%

(quar.).

original

6-

50c

(quar.)

5-31

—

$4.30

6-20

93 %C

/

4%%

5-31
5-31

6-12

12- 9

50c

Kelsey-Hayes Wheel, class

6-1#
•

$1.10

25c

$4.50

V,

•6-12

37 %o

$1

(quar.)

7-24
10-24

»

$1.10

Kalamazoo

Kawneer

8-1

'

stock

9

t":

common.

»

II- 1

80C

stock

6-15

$1.25

Kansas

5-22
«-

6-1*

(Fort

(quar.)
(quar.)
original stock

Lockheed

preferred (quar.)
Kansas City Southern Ry.,
4% preferred (quar.)

1

original

6-

60c

4%

2

7-

•6-15

original

25c

preferred <quar.)_.
Drug Company, common
preferred (quar.)

6-

50C

62 %e

stock

Joy

Katz

6-15

5-10

$4.30

6-29

5%

Co.

6-22

•■■■'"90c

Miami

Special

stock

Manufacturing Co. (quar.)
Vegetable Parchment (quar.)
Kansas City Power & Light Co., com. (quar.)
3.80%
preferred
(quar.)

1

6-io

#1.75

(quar.)..

Common

common

6-

6-22

1

15c

(Wash., D. C.)—

20C

Electric

6-15

7-

*

Tenn.—

(quar.)

Insurance

Common

Extra

5-19

$4.30

60c

common

6-15

6-10

5-31

6-30

(quar.),

preference

6-30

1

5-19

:

15c

—

7-

10c

of

Co.

.Special stock

5-31>

1

$1.25

(quar.)
Joplin Water Works, 6% pfd. (quar.)
Joseph & Feiss Company (quar.)

&

5-31

1

Carolina)—

Quarterly
Quarterly

•Special stock

Johnson

Gas

6- 7

$2

(s-a)

(quar.)
(Thomas J.) Inc., 6% preferred—
(Entire issue called for redemption on July 1
at $30 per share plus this dividend
Ut Brothers,
6%
pfd. Entire issue called
for redemption
on
June 5 at $105 per
/share plus this dividend

dividend)

Joslyn Mfg. & Supply Co.,
4%% preferred (s-a)

9

7-31

$1

prior preferred (quar.J
6%
partic; pfd.
(quar.)
lz
Lindsay Light & Chemical Co.—
17% preferred (quar.)
;
Lipe-Rollway Corp., class A__

1

1

6-15

5c

;

Life

6-

York-

Corp
Insurance

National

8

6-19

6-22

V

30c

& Casualty
Quarterly

5-

6-15

t3C

20C

Insurance

1

U5c

;

7%

7-1

37 %c

held.

A

5-29

9

'

-$1 convertible preferred

;:*•/

preferred, series A (quar.)
Refining (quar.)

preferred

Johnson

5-20

6-

Upton

(quar.)

(quar.)
Inc.—

Corp.,
(quar.)

6-10

8

J

Ltd.—

Steel

1

5

6-

40c

common

Lincoln Service Corp.
v Common ■ (quar.)

issues

Oil

Quarterly
Jones & Laughlin

76-

30C

Corp

Life Insurance Co. of Virginia

7-1

v

x*$1.75

of

6-10

50c

Liggett & Myers Tobacco, 7% pfd.
Lily-Tulip Cup Corp. (increased)

1-19

8-1

22%c

common

share

share

i.

1

6-15

9

(stock

6-16

25C

.

Johns-Manville Corp. (increased)
Johnson & Johnson—

v:

2

of Canada, Ltd.—

—

Lumber

(Edward)

7-28

30c

Co

Dauch Paper Co.

&

Quarterly
Hines

6-15

,,7-15

6-

One-twentieth

of

Life

37 %C

preferred

Ltd.,

Fabrics

Liberty

1

*25C

Brown Stores,

6-16

6-30

(quar.)

Increased quarterly

1

1

Preference

'

Spencer

6-15*

6-

1

4%

preferred A (quar.)
4%%
preferred B (quar.)
Hewitt-Robins, Idc.
(quar.)

.

Liberty

6-12*

7-

3%%

5

Corp.—

4'A7c

Hlbbard,

1

6-

7-

6-20

50c

Co

preferred (quar.)
(quar.)„—

Heywood-Wakefield

i

6-

6-20

xl%%

Jim

Products

Brothers,

6-15

$51.00

Company,

6-30
-7-1

6-

6-15

$55.25

(quar.)

5-20

25c

: 25c

Y.)
(quar.)
(increased quar.)

6-10

6-12

30c

1

5-31

6-22

XI 3A%

Tea

5-24

5-24

7-

5-31

Fink

Lincoln

preference B (quar.)
preference C (quar.)
preference D (quar.)
Jamaica Water Supply Co., common
$5 preferred A (quar.)
$5 preferred
B
(quar.)
Jefferson Lake Sulphur Co. (quar.)
Jewel

6-15

6-15

6-14

6-12

25c

pfd.

11- 4

6-14

1

7%

6-19

91 %c

Corp,

Chocolate

1

(quar.)

preference

11-15

25C

12 %c

7-14

*75c

7%

5

6-23
7-

15c

—

(quar.)

Cement

Hershey

77-

X

Island—

6%

8- 5

$1

D.)

&

50c

quar.)

6-21

8-15

-

62%C

Company, common
preferred (quar.)...

50C

•#L25'.

the

6- 5

1

7-

$3

6-30

#59.50

Service Co.,

5-15

"8-1.5

25c

5-26

75c

%/

(N.

3

25c

Brewing

Co.

Public

6- 7

6-15

*25c

(s-a)

6-26

15c

Trust

6-16

6-22
"

-

60c

(increased)

Lexington Union Station, 4%
Libby-Owens-Ford Glass Co

are

Jaeger Machine Co.

6- 9

1

62 %C

r

5-26

43 %c

V

Inc.

Jamaica

1

7-

25c

25c

(initial)

1

6-15

7-

30C

(quar.)

Company

3

t20c

Co., common
(quar.)..

Co.

7-

*2%C

(interim).

Ltd

Mines,

.t

80C

6-26

7-19

8

Ltd.

9-30

12-21

35C

$1

(quar.)

of

6-30

10-10

1-10-51

*25C

Lewis

10-19

Corp.,

7-14

7-10

'

Lessings Inc. (quar.)..
_•
Leverage Fund of Canada, Ltd

I 50c

(initial

6- 1

8- 1

IOC

6- 1

8-1

6-

University—

5-23

,11.1

Shoe

6-14

12%c

6-16

X

25c

6-

37%c

—

$6

6-15

37%c

6

Hercules

(G.)

6-20

■37 %C

6-15

_

Co.. (quar.)

Company,

Henkel-Clauss,

6-30

(quar.)

preferred

(John)

Irving

7-20

6-

Heileman

$1

t40c

being called for re¬
on
July 1 at $102.50 per
plus the dividends shown. V ;

Irving

15c

3iy4C

Special

Ltd.—

shares

6-15

$1.75

6-16

7%

Corp

J.)

4.80%

7- 6

.

10c

Heinz

6-30

(quar.)

7-

$1.12%

Ltd,

Co.,

Glass

9

15c

of Rhode

above

common

Ironrite,

6

6-15

$i

Hazeltine

Corp.
Mining Company

New

"

75c

(quar.)

Lithographing Cc.—
preferred (quar.)

Hazel-Atlas

6-

—

unexchanged

share

'

conv.

Hawaiian

7- 3

:62y2c

(quar.),,

9-20

1

7-

$1.50

(quar.)_

Company (quar.)
Realty Corp
Lehigh Coal & Navigation Co
Leslie Salt Company (quar.)
Lehigh & Wilkes-Barre Corp

9

:

(increased)

preference

7-

■;

*15C

-

f

11-

30c

(quar.)

-

preferred

8-

$1.37%

Company

Ltd
Hartman Tobacco, $3 preferred (quar.)
$4 preferred
(quar.)
Hat Corp; of America, common (s-a)
4% 7o

6-

'teoc

(quar.)
(quar.)

6-21

6-27

12-30

Lefcourt

demption

6- 2

Battery Company,

Havana

pfd.

3

Lehn

7- 3

••v.;

'

Canada, Ltd
pfd. (s-a)

5-23

9-26

-

&

(H.

6-12

9

Co.—

(quar.)
partic. preferred

$2.50

6-

12-28

Common

Lee

6-15

;

70c

6%

77o

Foundation,

preferred

The

:

(quar.)

Chemical

1

6-15

7-15

Corp.—

preferred A
6%%
preferred B
6% preferred C

6-10

6-12

12 %C X

—

y.6%

Hart

6-

50c
35c

5-26

6-14

#1.12%

Bleachery & Dye Works^
(John A.) & Sons, Ltd
Lawrence (A. C.)
Leather (reduced)
Lawyers Title Insurance Co. (Va.)—

1

(quar.)

Corporation

shown

40c

x:

Company, common,
Winkle Munning Co

Harbison-Walker

6-

Participating
Electric, Light & Power—

6-10

A.)

Hanson-Van

*iy2c

6-15

6-12

#1.12%

(quar.)

Mines,

Machine

6%

6-

100

preferred

Leath

6-17

6-26

#1.12%

■

Lang

./

7%

the class A and class B

(payable, in class A)

(M.

5-31

6- 2

6-15

50C

•

Lanett

6-19

1

6-15

1

10c

(quar.)

Sessions

Lane-Wells

5-22*

Iowa

6-9

50C

Co.. (quar.)

-

Stock dividend

Hanna

'$

9

6-10

Participating

v$2,50

Oil/Co. of California

Year-end

6-

6-10

7-

6-30

25C

Quarterly

6-14

6-30

7-

(quar.)

com.

,

Gas

$2.50 preferred

f

-

Hancock

6-35

1

20C

Co

Chemical

Mills
Co.

convertible

5-26

•

6-10

#1.06 V*

(quar.)

Instrument

7-

&

6-20

10c

—

Shore

$2.50

6"14

(quar.)

of

Co.,

Investors Trust Co.

5-26

6-15

>6-15

/:

%

$1

preferred

Power

Investment

6-15

Vv''$1

(quar.),:

common

tl2'/aC

—

preferred (quar.)
Hammermillt Paper
Co.,
common—,
•4%% preferred (quar.)
•4%%

Natural

6 7o

5

'

convertible

Hammond

Hosiery

6-15

6-

7-15

.

Interstate

5-10

7-

$i

Ltd.
Co.,

&

Co.

Silver

Inter type

6-20

$1

Department Stores

Interstate

5-10

Lamson

9

6-15

;

160

Dufault

Landis

.

Salt

International

«-#

5

Lake

Corp.—

(quar.)

International

Interstate

6-

8-30

■

(Chicago)

.

5

1

25c

Paper Co., common (quar.)
$4 preferred
(quar.)
International Products Com. (ouar.)

1

6-

7-1

25c

(quar.)

Co

International

8- 1
11-

6-10

*76

common

preferred

Interstate

Mines, Ltd

7-

quar.)

5-1$

6-20

*3c

•

Minerals

(increased

5-18

>

Lake

9

1

7-14

1

7-

30c

(quar.).

(John), Ltd
Laclede Christy Co. (quar.)
Laclede Steel Co.
(increased)

1

*$1.12 Mi

Nickel

1

5-26

6-

8-

25C

v

Labatt

5-22

•

.

T50C

Paints, Ltd.,

l.y.i;

6-10

'

preferred (quar.)

International

6-20

37 %e

Haloid

47o

9-

10C

(quar.)

International

12-

25c >

F.) Printing Co. (quar.)
Halliburton Oil Well Cementing Co.
Eallnor

common

Common

5-19

ii-

6-10

5-22

Industries, Ltd.—

5-18

6-

*350

—

(W.

r4%

Metal

6-20

1

6-29

16C

(quar.)

6-12

6%

Co., Ltd

Co.,

6-15

$1.10
preferred (quar.)
$4.50
preferred
(quar.),—
$1.12%
Gypsum Lime & Alabastine of Canada, Ltd.
>i;
Common
..*350
(quar.)
.Common

Coke

&

Co.

A

«.

6-9
6-

IOC

industries

Quarterly
Quarterly
Quarterly

"75c

J37&C

Machinery

6-15

■v

30c

$4.40

Hall

Cigar

6-15

7-

$1.50

$6 preferred
(quar.)
Utilities, common (quar.)

1

6-1

.

9

1
1

$1

1st preferred

preferred

conv.

La Salle Extension
^

Powders, Ltd.—

Elevating

$-12

6-10

75c

Co..

6-

6-30
6-30

France

6-

1

7-

"

6%

Plant-Choate Mfg.

5%

;

Cellucotton Products Co.—

International

Corp

Gulf

1

M;

.

International

6-30

$1.25

1

6-

*20c

Machines

Harvester

Class

_

6-

6-30

(accum.)

Corp.,

International

4%%

(quar.)

La

17c

International

1950.

preferred

La

1

7-

1

7-

50C

<quar.)_

6-10

5-31

(quar.)

(quar.)

A

6-10

(quar.)—

International Coal

Gulf, Mobile & Ohio RR.-—
$5

A

preferred

6-

5-31

6-15

$1

(quar.)

preferred

7-1;

6-

6-15

20c

(Calif.), com.
(S. S.) Company (quar.)

i"-4%%

6-30 ;
6-30

$$i.06 y»

1

6-13

45C

(quar.).

Cieamery

4%%

■

150c

Increased
International

6-30

1

;

6-15

1

$1.12%

(quar.)

Mfg.,
preferred A

7

75c

5-26
6-15

June

to

Kroehler

5-16

27%C,

Bronze

preferred

6-20

$1.25

5- 8

m'Ac

—

International

7-17

1

Knudsen

7-

7-

40C

quar.)

(quar.)

6-15

7-

¥orp.,

(increased

(quar.)

1

6-30

*$1.25

Copper

23 %C

#1.75

Wire

&

Klng-Seeley Corp., 5% conv. pfd.
Kingsport Press, Inc.
(quar.)
Kingston Products Corp. (s-a)
Kinney (G. R.) Company, common
Kleinert (L B.)
Rubber Co

$1.061/4

(s-a)

T.

-i,

Co.—

common

6-23

-$1.25

preferred

Build.

Business

International

6-16

on

_____

Convertible

6%

Quarterly

this

plus

dividend)
30,

International

7- 1

;

$1

.

1

7-

8-1

Inter-City Baking Co., Ltd.

1

7

preferred

conv.

(Entire

'

8-

25c

common

Co.,

Exchange
Quarterly

6-12

6-30

50c >:-7-

7

*40c

Consolidated

6-

6-30

%

common,

6-

1

25c

(quar.)

(quar.).

__

Co.,

7-

$1.50

$1.06'A

Brewery

Grinnell Corporation

6-15

30c
;

<

(quar.)

pfd.

(quar.)

Western

Guantanamo

6%

common

7

8-

(accum.)

Insurance

.

Greyhound
4'A %

12- *

1

(quar.)—,....
Greenfield Tap & Die Corp. (quar.)—

6-

1

Ltd., common,

preferred

re¬

prior

(initial)

preferred

4Ya%

_

6% 7o

preferred

7-

common

1

ioc

(quar.)

for
6%

€-26

(accum.)

Steel

Kroger Company

Industrial Wire Cloth Products Corp.

*12%C

(quar.).
Sugar Co.,

79-

(quar.)

Silica,

Ingersoll-Rand

pref.

conv.

Great

6V2 7c

1

¥e"lt~Co~£td"^"3.

Great West

preferred

5-25

$1.93%

$6

convertible 2nd preferred

Kresge

Rayon Corp.
(quar.),,,
Special stock dividend.,

5-22

f

5-29
6-15

7%

(quar.)
preferred (quar.)

conv.

$1.60

Railway Co.—
preferred
(reduced)

Southern

B

The

the

Kingan & Co., 4% preferred (quar.)
Kings County Lighting Co., 4% pfd.
Klngsburg Cotton Oil Co

6-30

1

6-30

preferred

4%

(Spring¬

Industrial

Northern

Non-cum.

i

5%

5-19

25c

8-

6-15

,

Corp.,

called

26.

and

preferred

4y2%

12-20

#1.50

preferred (quar.)

5-29

5-31

6-26

pfd. at $100
share plus the dividends shown.

Kimberly-Clark

0 20

12-30

J25c

preferred

6-15

'

9-30

,

10c

Co

series

Acceptance

6-10

75C

;:'V

.—

Products

preferred

12 %c

•

(s-a)

Towing

'4%%

30c

<quar.)_

Warehouse

Terminal

(s-a)

Indianapolis Water Co.—
5% preferred series A (quar.)

933Ac

••

preferred (quar.)
Great American Indemnity

#1.25

.

5-15

6-15

50c

$7

1

*12%c

Steel

shares

June

on

$115

at

Keystone

0-20

r'X#1.25 i

Interim

25c

33A%

!
;

5-15

6-28

$1.43%
•

(Unexchanged

5.60%

Imperial Tobacco Co. of Canada, Ltd.—

5-25

75c

>

6-

6-30

5-25

8

6- 8

6-

?

*20c

(interim)

prior preferred

Keystone Portland Cement

6-15

3

6-13

$1,183/4

5-29

10c

Corp

City Steel Co. (increased)—
(W. -T.) Company, common (quar.)_

7-

50c

,$1.25

(quar.)

6-15

*25c

(quar.)

Rapids

Granite

Co.

1

'

Grand

Telephone

9-15

r

Ltd.

6-19

$3

6-16

25c

*25c

(quar.).

7-15

1

6-19

(resumed)

common

preferred

Mines,

preferred

per

5-12

50c

6-15

16%%

(quar.)

Ltd., class A

$4.75

6-

5-11

Imperial Chemical Industries, Ltd.—
Ordinary registered (final)

6-21

7-

50c

1

7-31

"50c

(s-a>_

field)

6-10

1

6-12

6-30

preferred

Commercial

pfd.

6-30

(quar.)

Central RR.,

ncn-cum.

demption

5-31

7-

.

$$1.25

6-30

#1.25

All

5-31

6-10

;

6-30

Co.

6-16

6-10

*$1

(initial),

6-30

Cement

$6

$1

$1

Company
Keyes Fibre, 6%

6-10

15c

6-15

75c

(quar.)

25C

Gold

5-20

30c

5%

6-12

1

."'$1.50

preferred (quar.)
preferred (quar.)
Hydro-Electric Securities Corp., pfd. B
Hytron Radio & Electronics Corp

._

20c

(quar.)

common

Co.

Holder9

Payable of Rec.

25C

Kerr-Addison

'

1

Co., Ltd

b%

9

Co.,

Land

When

Share

'

6-10
,

75c 1

(s-a)

& Smelting

-$1

Insurance Co.

(quar.)

A

66-

Company, class A

$1.25

(quar.)

(quar.)

Company,

A

1
1

;

Government Employees
Stock
dividend

Grafton

77-

common

Goodyear Tire & Rubber, common (quar.)
$5 preferred (quar.)
Gordon Mackay Stores, Ltd., class A (quar.)
Class B (quar.)
Gorton-Pew

1

62%c

(quar.)

common

(quar.)__3

Ltd.,'4%

P.)

$1.50

(quar.)

Utilities

County

Extra

6-30

50C
42c

Humble Oil & Refining Co

15c

40c

Kentucky
Kern

6-10

50c

Sound

4%7c

of Company

"

55c

56'Ac

(quar.)-

preferred

Grace

Houston

1

Co

Power

Hubbard Pelt

(quar.)

Goldblatt

6-19

56 y«c

1

6-15

&

7-

■v

Telegraph Co.

7-

(quar.)

6-

6-30

drreg.)

common

5-31

8

Key

preferred

6-

6-10

(quar.)
-

6-10

6-

Corp.—

convertible

40c

Y.)

6-1

25c

Lighting

6-10

Per
Name

6-20

7-2

:_

Inc

Hershey

6-30

*12%c

(quar.)

Houston

5c
Stock

Co.,

6-20

$1.12%
A

20c

(N.

(quar.)

(quar.)

Brewing

&

$2.25

Holders

Payable of Rec.

40c

6-15

20c

Extra

Gold

1

6-30

(quar.)__

Globe-Wernicke Co.,

7%

Co.

Statler

Houdaille

5-31

20c

common

preferred

conv.

6-

6-20

$1.50

,

Insurance

Company

4%%

6-20

When

Share

(Increased)

common

preferred
(quar.)
(Frank W.), Ltd., class

Hotels

——

10c

j.

(s-a)

—.

50c

(quar.)
i^-s.
Co., class A (quar.)

(quar.)

5

40c

(quar.)

(resumed)

Distilleries

B

4%%
6-

of Company

Company,

Horner
87 %e

Brick

preferred

Glens

Corp.

Co.

Shale

Glenmore

Per
-

Name

Company,

Harvester

Aid en

Holders

Payable of Rec.

Hoover

5% preferred—
(All
unexchanged
shares called
for re¬
demption on June 6 at $102 per share
plus this dividend)
H.)

(2345) „53

1

B "

(quar.)_.

Macwhyte Company
Macy

(R. H.)

& Company (quar.)

Mading Drug Stores Co., com..(quar.)
55c preferred

(quar.)——

25c

6-

5

5-15

50c

7-

1

6- 5

20c

7-15

6-30

13%C

7-15

€-39

54

The Commercial and Financial Chronicle

(2346)

When

Per

Share

Name of Company

& Electric

Madison Gas

Red

Madsen

Lake

(quar.)

Ltd

Mines,

Car

Mahon

Public

Maine

5»/2%

Service,

Mangel

Corp.

Stores

Manufacturers Life

Water

Entire

5-31

1

6-15

tion

on

7-

1

6-15

plus

this

25c

<6-10

5-19

Mountain

Fuel

25c

6-15

6-

Mountain

Producers

(quar.*

—

Products Corp

1

$110

at

Co.

called

$1

$1.75

6-30

'6-15

$1.75

7-

1

Conveyer

1

U-lft
6-20

6-30

6-

Co.

L.) Company—
Mfg. Co., 5% preferred

Ltd., preierrea

Nash-Kelvinator

9

National
5-31

National

Cash

7-

1

National

Casualty

137'/a C

6-15

5-20

National

Co.

5-20

5-25

35C

$4

National

Ltd.,

6-15

5

National

6-

5

National

6-

5%

6-15

Oliver United

Omnibus

150c

7-

1

6-15

Company

25c

:6-10

McCrory Stores Cory., common (quar.)
$3.50 convertible preferred (quar.)

50c

6-30

6-16

88C

7-

$1-50

6-16

McCormick

McDonnell

&

*.12*28

.

$-21.

12-21,

National

Food

Products

.V7--3

5-31

26c

6-15

6-2

Pacific

7-

*

1

6-10

5-18*"

5-10*^

20c

6-10
6-10

5-19

40c

6-10

5-31

10- 2

9-18

1-2-51

12-19

(quar.)

50c

4-2-51

3-19

25c

7-

3

6-20

25c

7-

3

6-20

60c

6-15

6-

1

Class

A

(quar.)

$1

7-15

7- 3

Class

A

7-

1

6-15

Inc., com. (quar.)
(quar.)
Mead Johnson & Company, common (quar.)

15c

Extra

4%

National

6-19

5c

7-

1

;

7-

1

Corp.

Mercantile Stores Co.,

Merchants

(quar.)

(Initial)

130c

6-30
6-15

National

6-

6-

2

2nd

preferred
Linotype

Mergenthaler

Messenger Corp.,
Messer

Oil

Mesta

&

7%

$1

7-

1

6-12

6-15

7-

20c

(quar.)

Corp.,

—

6-10

6-

,

5-31
6-16

1

,10c

common

* quar.)

—

preferred
:

6-20

6-

35c

6-12

6- 2

6-30

6-20

15c

6-30

6-

9

5

96 %C

7-

1

6-8

97%C

-

7-

1

6-

6-10

7-

1

6-

5

:8-25

Linen

Service

preferred

preferred

740c

(quar.).

com.

&

Company

Co.

4%%

preferred

Co.,
(s-a)

Brothers

5.40% preferred (quar.)
Michigan Steel Tube Products
Micromatic Hone
Continent

Mid-Continent
Mid-West

Midland

Petroleum

Corp.

Ltd.

Inc.

6-15

*

New

New Orleans

8-

1

7-

1

7-

1

7-

7-15

6-13

<

6-13

1

6-15

5-15

e-15

5-15

4c

(quar.)

6-15

5-15

56'AC

Ltd

(initial

7-

1

6-12

115C

6-30

5-31

25c

6-15

6-

40C

quar.)

Minnesota Mining & Mfg.
$4 preferred (quar.)
Mission

Appliance

Mission

Corporation

Corp.

Co.,

6-10

5-25

1

70c

(increased)

(stock

6-12

5-22

$1

6-12

5-22

20C

common

6-21

two
shares held.)
Development Crmpany
Mississippi Glass Co., common
4%
preferred (quar.)

Line

Semi-annual

Co.

Carpet

(quar.)

5%

;

'7%

Co.,

B

Moore-McCormack
(J.

P.)

5-20

$$1.25

7- 3

Works,

(quar.)___
Xines

(quar.)

Company

Morgan Engineering




Co.

•6-

7

6- 9

6-

3

-7- 3

6-

Norfolk

Mines,

-7- 1

6-

6-10

-"•7—1
6-14

5-26

93%c

7-1

-20c

.

;

6-

6-

6-

6-30

6-

6-9

6-30

6-

6-15

6-

(quar.)
r„.

each

5-31,

6-30

6-16

(interim)

6-15

5-12

6-15

6-

6-* 9

5-10

79c

6-30

5-31

50c

6-10
7-

1

1

6-

preferred (accum.)
preferred (accum.)

5-18

North

American

North

River

7-

1

6-1

7-

1

6-20

6-12

6-

6-

5-25

9

6-8
7-

1

•6,

2

1

6-15

6-22

6-

1

6-22

6-

1

6-15

6-

1

87 %d

4(4%

conv.

pref.

Northern

6%

Paper Mills,

preferred

3%%

Northwestern

1

6-15

1

6-15

80c

6-10

66-

1

National

Life

Norwich Pharmacal Company,

4.50%

conv.

Nunn-Bush

5%

6-

9

6-

1

3

6-

6

175c

7-

3

6-

1

7- 3

6-

1

Oahu

7-

3

6-

1

Oak

7- 3

6-

1

t$1.75

37%c

6-15

6-1

$2.50

6-15

6-

25c

6-14

1

5-31

35c

6-20

•6-

6-30

50c

6-20
6-20

7-1

35c

11-10

SugaT

Co.,

20c

(initial)—

33%c

(irreg.)"—

Confection

Preferred

Co.,

$1

(quar.)

-

Pottfte

com.

1

7- 3

6-

X

7- 1

6-16

15c

(quaT.)

"28c

(quar.)_

725c

(quar.)

10c
^

50c

TO-

1

4

12-15

7-

1

10-

1

0-15

1-1-51

12-15

$1

(quar.)___

30c

—

25C

$5
50c

6-16

6-30

(irreg.)

(quar.)

...

"

9-15

1-1-51 :

(quar.)

(quar.)

6-

1

6-30

6-

1-

6-30

6-15

6-12

5-29

7-

93%c
:*■

>

(special)

$1

1*

7

"25c

•,

(quar.)

6-30

$1

V

6-20*

6-30;

6-12

5-29-

7-

53 VsC

—....

5-31

.

7-15

•

20c

(quar.)

Coal

6-20

1

50c

6-12

5-26

25c

6-12

6-

$1.75

7-

1

6- 9

$1.75

(quar.)

7-

5

Co

1
RR.__

Metallurgical

6-

1

9

6-15 :

5-24

6-16

$2
25C

(quar.).

0-

9;

6-

9

"

25c

6-16

$25c

6-16

50c

6-26

;

...

Ltd.

Inc.

(stock

.

(interim)

dividend)

preferred

2%

River

.4

in cash
:

;*

22%c

>

Corp.

of

TZjshares

(one

share

for

each

Priee Brothers & Co.,

J
*

Provincial

9-

1

12- 1

25c

8-10
,

,11-10

6-20

Bank

L

5-10

,7-1

6-15

$2c

7-15

6-15

*
1

7-

(irreg.)

Trust

-

"

Public Service Co. of New

(N.

6- 5

5-31

8-15

r

Y.) —

-

Hampshire (quar.)

./

*

6- 5

6-26

$40c

s-a)

Co.

•

35c

(R. I.)

(increased
&

$20c

1

6-28

$$2

Ltd.

Transport

-Quarterly

5-31'

Ltd.—

Washington Ins. Co.

Public National

6-30

20

(s-a)

Mines,

-

5-23
6- 2

56 %c

V

East Dome Mines, Ltd

Providence

5-23

6-15

5%

Pressed Steel Car Co., Ltd.—
41/2% preferred A (quar.)..

preferred

6*

5-31

;

held)

Proprietary

6

6-

6-15

25c
dividend

S

"

1

6-15

$50c
r

'

6-

7-

12'/aC

-

*

6-15

$50c

Canada

f

6-30

30c

:

:

2-

6-20

6-30

45c

v

(quar.)

0-

'

"

:

(quar.)

common

...

Co., Ltd.

•

5-25*
•

•

share

(quar.)

Company

"Powwf

4%

5

6-

6-

6-30

$$1.50

i;

6-

'

.JPow^l

5-17

6-15.
5-29-

$10c
u.

Consolidation

1

6-10
6-15

8c

12 %c

6-21

7-10

5-24
6-30

$1

-Powdfell & Alexander, Inc

5

8-1

9

6-

$1

7

6-10

6-

5

5-25

•6-15

7- 3

(quari,)«^.-_

com.

common

Development,

3.60%

*

10c

—

—

common

Co.,

Preyed Metals of America

11-

8

6-30

(quar.)..

Governor Co

"^S^'Rreston

30c

Ogilvie Flour Mills, Ltd.,

Electric

6-

7-20

I

Extra

Ohio

6-

,

:

$1.12%

preferred

Potomac Electric Power Co.,

.

(quar.)_

com.

preferred

Company

2nd

*

>

$1.12%
$1.12%

I

2nd preferred

^t' the rate of 5c per

.

5

•<36- 5

5-31
6-

*

$1.25

Insurance JCo.

Ltd..

Manufacturing

8-

5-31

Inc.,

Fractional payments will be made

>6-15

9-11

5-12

15C

v£row Gold Mines, Ltd

Plywood,

6-10

66c

93 %c

Nutrine Candy Company

125c

3

22 %c
,

Entire issue called for redemption on
July
12 at $101 per share plus this dividend.

7-

7-

$1.5$
^

preferred series A

Shoe,

78%c

5-31

6-10

6-12

$1

fibn-cum.

Ext fa

•5-24

,

7- 4

6-10

$1.50

j

Plymouth Oil Company (quar.)

>6-26

6-10

:•

—

$40c

tl.75

7-15

(guar.)

1

6-10

6-20

15c

6-10

6-10

50c

....

nen-cum.

Placer'

5-31

30c

.

■

(quar.)____—

Common

7-

eommon

6-20

1

6-10

•:*

?

87 %e

common

7 %
^preferred (quar.)
Pittsburgh & Lake Erie

8

-$137%

_

»r

Greyhound Lines—
preferred
(quar.) ^

6-15

7-

:

(s-a)

Northland

•6-16

20c

(quar.)__
—
Y.)
(quar.)

(N.

(quar.)

Northern Liberties Gas

1

'$1.05

Co.

North Star Oil, Ltd., 7% pfd.
(quar.)
Northern Indiana Public Service
Co., conv_

7 1

7-

—

Refractories

Insurance

$1.50

—U*

5

6- 7

25c

:

com.

(quar.)
preferred (quar.)
non-cum. 2nd preferred

Pittsburgh

6-22

7-

5

6-

1

7-

25C

1st

Common

5-24

50c

5

6-

6-15

>

50c

-

Pittsburgh Forgings Co. (quar.)
Pittsburgh, Fort Wayne & Chicago Ry. Co.—

1

30c

6-

7-

-

v

25c

,

Dairy Products Co.,
preferred (quar.)

1st

Pittsburgh

6-20

7$i

6-15

6-15

$2

;

1

Mills, $4 preferred
Pitney*Bowes, Inc., common
preferred (quar.)

?6-20

75c

*■*:'

6-30

75c

' ,\^

5(4%

11-18

Company,

Pillsbury

6-16

6-30

1

7-14

$1.12%

"J 4Va %

ioc

.'7-

20c

(quar.)__

Pierce

6-10

40c
,

53c

'

•25C

Co,, (quar.)..-

preferred

Pickle

6-5

6

6-20

—

w

(quar.)

Hosiery Co
Pickering Lumber-Co.

50c

7-

6-10

6- 5

4

*x

Phoenix

two

.*50%

x

$1.50
Pa.)

'common

3%% preferred A
Phillips' Screw Co.

30c

(quar.)

6-15

-

1

6-15

x:

48c

Corp

Philco Corporation,

9

12'Ac
15c

v."

—

$1 preference common (quar.)
Philadelphia Title Insurance Co.

9

6-30

1

19.

—

(quar.)

Philadelphia

9

90c

1

7-

at

June

:•

$4

9

-'-8x30

85c
i

^6-30

30c

North American Co.
North American Investment—

6-15

until

$4

9

35c

'6-10

7-

40c

$4.50,. 1st preferred

6-16

97'Ac

for

Dodge

$4.50

•6-15-

7-1

6^13

>

-

f

(quar.).
(The).

preferred

$4.50

9

6-23

-

$1.06%

6-13

;

.6-10

:

$1.15

•

$4

Southern

12-15

Co.

$5

6-15

75c

5-17
5-29

1

7- 1

$

$1.12'/a

Z:'y

$6

•

5-31

50c

Railway Co. (quar.)—
Norfolk & Western
Ry., common (quar.)
Normetal Mining Corp., Ltd
North American Car Corp., common
(quar.)
$2 conv. preferred (quar.)—
1

6%

40c

(quar.)

6- 2

(quar.)

Ltd.

Milk

Philadelphia

$1

9

6-

6-12

7-1

1

7-10

V-f-W;

5

$2.50

-

6-15

$1.25

(quar.)

Philadelphia'Company,

5

J?—1

6;

1

7-

>45c

(quar.)

Circle

Phelps

5-19

7-

;

7-

2-5

7-25

50c

(quar.)

com.

Pfizer* (Charles)
&
3 V2 %
preferred

7

6-

6-15

$1.50

(s-a)

share

25C

(quar.)

V

1

2-5

6-15

15c

25c

Corp.,

Petroleum & Trading Corp.—
$1 participating class A (interim)

'

„

$1.75
Ltd.

7-

-7—-1

.

1

4

25c

6-15

7-

50c

Extra

■

62 Vac

Company

(One

,

5

11-

30c
>

stock

Petroleum Exploration

Co.—

—

Noranda

6-15

30C

common.

Corp. Ltd., common (quar.)
redeemable pref. (quar.)_;
preferred A (quar.)

Morgan

5-26

120c

(quar.)

Locomotive

preferred

5-26

$20c

Auto ^Equipment

preferred

6-16
6-16

62yac

(quar.)—

7% 2nd preferred (quar.)

7%

6-16

6-16

20c

(quar.)

Montgomery (H. A.)

4%

6-15"

50c

_

Moore

6-20

1

50c

Monroe Chemical Co., $3.50 pfd.
(quar.)
Montana Dakota Utilities Co., com.
(quar.).
4.20% preferred (quar.)
Montana Flour Mills, common

Montreal

1

7-

$2

common

5%
preferred (quar.)
Molson's Brewery, Ltd., class A

Monroe

7-

6-30

125c

Mills, .Inc

Mojud Hosiery Co.,

B

dividend

150c

Birmingham RR. 4% pfd. (s-a)
Modern Containers, Ltd.. class A
(quar.)
Mfg.

Hundred Corp.
Noblitt-Sparks Industries

$50c
—

&

Class

$1.15

1

20c

(increased)

Semi-annual

"6-30

.

8-

11-15

50c

;

:

4%% preferred (quar.).,—...
TPetw^Paul, Inc. (quar.).....

6

$1.18%
RR.

,

60c

(J. S.) Company, Ltd. (increased)
(Robert) Company, Ltd.—

Modine

6-

40C

common

Mitchell

Mohawk

6-10

50c

Public

Mobile

5-H

15c

(quar.)_

B

Mitchell

6-

56'Ac

(quar.)

Nineteen

5-20

6-16

25c

Co.,

50c

11- 4

8-15

33C 2-15-51

quar.)

9

$1

(quar.)

Nopco Chemical Co
6-26

~35c

Missouri

Corp.

6-

-

held)

each

Service

6-30

11-15

2-15-51

33c

^

1

Mission

Class

6-15

6-16

=

preferred

Stock

Common

6-30

7-1

■8-5

25C

Light & Coke
Telephone Corp. (Butler,

Company,

$1.50

(quar.)
Niagara Share CGrp. (quar.)
Niles-Bement-Pond Co

6-12

(One share of Mission Development Co. for

Missouri-Kansas Pipe

3.90%

preferred

Pet

7-15

9-15

12-15

8-15

>

33c

Peoples Gas
rPeeples

5-31

6-30

1

1-2-51

25c

(quar.)

com.

Company

$1.01 %

Chicago & St. Louis
preferred A (accum.)

preferred

into

Perfect

(quar.)

Newport Industries, Inc., common
4(4% preferred (quar.)
Niagara Mohawk Power Corp., common
Class A (quar.)
3.40%
preferred
(quar.)
3.60% preferred (quar.)

dividend)-?-

Mississippi Power, 4^.60% preferred
Mississippi River Fuel Corp.

pfd.

York,

3%%

';"*Conv.

Permutit

lr, 1

10-

1

preferred A (All outstanding shares

5

25c

6-15

62 %C

called
for
redemption on June 20
>$103 per share plus this dividend)

'

5

713c

7-1

-

(increased

6-

Telephone Co. (Ohio)—
Newberry (J. J.) Company (quar.)
Newmont
Mining Corp
Newport Electric Corp.—

6-13

*•3 (4%

6-3(4?.!

$1.50

6-

5-26

"

6-

6-15

6-20

6-14

6-14

62 %e

(quar.)<__

6-15

Newark

150c

:i

6-30

40c

l*«MSsylvania Telephone Corp.—

4

40c

4%

$3
25c

:

preferred

6-15

(quar.)

Service, common

New York & Harlem RR.

1

50c

common

'preferred

7-1

20c

Company

Public

6-

Minneapolis-Honeywell Regulator—
New

New

Zinc

5-31

50c

preferred (s-a)
Midwest Rubber Reclaiming—
preferred

Jersey

'4%%

5-20

5-15

40c

$1.50

Power & Light,
(quar.)

6-15

$2

Extra

8-

...

preferred

6-15

50C

8%

4%%

4.05%

5-31

6-10
6-10

50c

Steel

8- 4

8-15

(quar.)

New Jersey

5-31

:.:il 25c

.

25c

non-cum.

Mining Corp. of Canada,
Minneapolis Brewing Co

Paper Co.

5-31

6-15.

common

25c

(quar.)

37 %C

(s-a)—

8-15

(s-a)

•6%

Corp..

53 %c
47'Ac

6-16

6-15.

—

(s-a)>__

$3.50

New Haven Gas Light

Inc.—

Pacific Grain

6-15

Brunswick

5-19

6-12

75C

(quar.)

7- 3

New

5-29

;25c

;

Products, common (quar.)
preferred
(quar.)
8%
preferred (quar.)
Midwest Oil Company, common (s-a)
$2

6-15

10c

Inc

$1.50 convertible preferred (quar.)
Midland Oil $1 conv. pfd. (quar.)
Midland &

1

6-10

,20c

Corp.

Airlines,

Refineries,

7-

15C

Mickelberry's Food Products Co
Mid

50c

Telephone Co., Ltd
England Laundries, $6 pfd. (quar.)
New England Telephone & Telegraph Co.—
New Hampshire Fire Insurance Co.
(qaur.)

67 VaC

.

•

5-31

common

New Haven Water Co.

Co

5

6-13

6-15
6-14

•

*

$35c

•62%c

(increased)

Common

6-15

:

5-20

11-20

6-

1

6-28

$20c

—

preferred

*$2(10

5-29

11-30

1

7-

6-28

Pennsylvania Salt Mfg. Co.—

-6-15

—

6-12

(1.12%

7-

7-15

...

6-12

Michigan Associated Telephone Co.—

15c

60c

Nekoosa-Edwards

8-21

6-15

—7-1

(initial)

5-31

8-31

6-30

737 tee

......

Cement

6-20

"

Sugar

preferred

•-^Common

4 6- 5*

7-1

50c

6-15

51.12%

(quar.)

-

—.

6- 7

5-26

Pennsylvania Power & Light Co.—

15c

—_

9*19

>6-15

6-15

$1

~"5% preferred (quar.)
'

2nd

(quar.)

:«-19

.

1

20c

Pennsylvania-Dixie Cement

6-15

-6-24

:

7-

20c

—

Company...

Corp.,

Pennroad

0-15
•

25c

„

Co.

1
2

6-15

50c

(quar.)

common

"x^ennsylvania Glass Sand

6-15

7-3

7-3

Co.

C.)

(J.

Steel Castings—

Refining.
National "Tea Company
4(4%
preferred (quar.)
3.80% preferred (quar.)
Natomas Company
(reduced)

New

7- 3

$1.25

30c

(quar,)—,

7-14

$1.12%

National Steel Car, Ltd. (quar.)
National Steel Corp., new com.

Neisner

5-26

1

6-15

7-

$50c

(quar.)

Traffic

Penney

>6-9

8-

40c

National Radiator

7%

6-30

.

"^TPenn

y

5-25

1

10-

$2.50

'y'il, preferred ■■ (quar.)

9

6-15
,

15c

(quar.).

1

6-

$1.50

Increased

Nazareth

6-30

$1.75

(quar.)

National Malleable

9-

12-

6-15

6, 5
7-

82 %C

^

6- 2

101*2*51

25c

National Motor Bearing Co
National Pressure Cooker Co——

National

7-

$15c

7-1
*

■

$lxpreferred (quar.)
$1 preferred
(quar.)
$1532 preferred (quar.)__
ac
$1.32 preferred (quar.)_„
*
$1.32 preferred
(quar.)
Penn Electric Switch Co.r—
$1.20 class A (quar.)—

6- 2

715c

,10c

Meyer-Blanke

7-

.

Corp.,

5-15
6- X

32 %c

(quar.)

Ctommoa

6-16

1

7

6-10

37 %C*

5%

Co.,

Telephone,

Common

:

■

6-15

7-

25c

(quar.)

4'A%

7-1

30c

,10c

Michaels Stern & Co.,
4% % preferred (quar.)

Mfg.

Peninsular

„

6-15

(quar.)

preferred B

6-

6-10

-

>6-15

(quar.)

6-15

37%C

•

quarterly)—:—

(Keene, N. H.)—
•—
6% preferred (s-a)—
Peerless Cement Corp
^Penick & Ford, Ltd. (quar.)__

5-26

9-11

*7-

.

6-

7-1

6-20

peerless Casualty Co.

1

>6-10

715c

preferred A

5%

6- 5

51.08%

Co

Express Co.—

-Parpielee Transportaion Co.

—

1

?. 7-

-

6-12

6-10

$1-

(quar.)

6-15

$37'Ac

———

6-12

7-1

25c

10-20

$15c>

common

Co., common

National-Standard

:

7-

62 Vac

(quar.)

6- 6

1

6-10

$1.75

Thermit

Brewing

6-12

7-12

8-

.7-1

75c

1

1

120c

Lead

National

6-12

1

37M»c

(quar.)

Metropolitan Brick, Inc. (quar.) —„_T—
Metropolitan Edison—
3.85%
preferred (initial -quar.)
3.90% preferred
(quar.)
4.35%
preferred (quar.)
Metz

6-

1

.

r

Co.

9,

7-

7-

75C

6% preferred

Metal Forming Corp.

Metal

(quar.)

6-

37 %C

(quar.)

Corp.-

Machine

9

1

6-16

25C

$1.12%

—

1

20c

Extra

2

20c

conv.

Ltd.,

Co.,

7%

5-25

20c

87 %c

Merck & Company, common
$3.50 preferred (quar.)
$4

5-31

25c

A_

—

-7-

-10c:

.

National Hosiery Mills, Ltd., class B
Class A
(quar.)
———

6-15

(quar.)

class

,6-5

20c

(quar.)

7-22

50c

preference
(quar.)
National Gypsum Co.

6%

common

Refrigerating,

Grocers

'<■

-

Extra

Melchers

6%

(quar.)

Co.

6-10

(Hartford)—

$1.50

•6-15

2c

preferred (s-a)
Distilleries, Ltd.—
partic. pfd. (s-a)

6-20

6-27

50C

V

Robinson Co.,(quar.)

8-

$1.25

(quar.)_

Robbing

&

6-20
6-30

50c

Inc.—

(quar.)
5-31
Pa ton Manufacturing Co., Ltd., common
-•taaSfi
i<j0
preferred
(quar.)_
—

5c

50c

preferred

(quar.)

preferred (s-a)__
Page-Hershey Tubes, Ltd.
Panhandle Eastern Pipe Line, com. (quar.)
4% preferred (quar.)—
Parker Appliance Co

6-lfl"

60c

(quar.)—t

Extra

50c

$4

6- 9

$1
•

—,

(increased

Common

Pacolet

15c

(Del.)

Co.

Intermountain

Common

>

*

$1

.

Brush

preference

$1.50

<6r >9

6-15

(quar./-

Fibre

Pacific Indemnity

50c

National'Gas & Oil Corp., com.
Common

(quar.)

McKesson

5

„r

$1

Pacific Gamble

,7-14

30c

Insurance Co.

(quar.).

McKay Machine Co.

6-

6-30

$2

1:if;

6-26

~1>i 1
-

$50c

common

cl. A

50c

Fire

(quar.).

Common

6

6-15

-

conv.

Ox

(quar.)

(quar.)

Common

7- 3

5-

(quar.)

A

:5c

preferred

Common

50c

6-10

America—

common......—.

Pacific-American Investors,

(quar.)

Corp.

$2

6-30,.

com.

Inc.,
(quar.)

Filters,

Corporation,

5-23.

15c

'/•
■i

preferred

6-13

'

-Common

of

(quar.)—

*.*7-45

50c

Quarterly

5-20

1

""

$-28

50c

Cylinder Gas Co., com.
Dairy Products Corp
Discount, common

National

6-15*

Aircraft

Co.

20c

Quarterly

-5-15

6-30

5-31
5- 6

40c

Orpheum Building Co.—
—
Oswego Falls Corp., 4(4%
pfd. (quar.)—_
Otis Elevator Co., $4 pfd, (quar.)
Otter Tail Power Co., common

«-l»

^a2$
>

6-14

125c

Ltd
Corp., $2.50 preferred (quar.)

9-15

6-10

8vT preferred ^(quar.)

National Electric Welding Machine-

5

62 %c

(b-a»

Mc-Coll Frontenac Oil Co.,
McCord

6-15

37 %c

11-

6-1

6-15

7- 3

1

2

6-20

_

(quar.)

Insurance

OliirIndustries, 4%

(Detroit)

Co.

Container

National

6-

10c

7-

10-

25c

Co.—

Co.

37%c

Register Co

preferred A

*5-26

.12%c

Life

Line

15c

(Md.)

City Lines,

9

Service

Oliver Corporation

30c

common

Breweries,

6-26

—

(quar.)

Co.,

8-1

6-30

9-15

35c

(quar.)

Tube

Seamless
Water

50c
.

(increased)

Corp.

Securities

Biscuit

$3

6-

1

2

20c

(quar.)
6% pfd. (quar.)
Telephone Co. (Hawaii)

lie

'6-30

Company

40c

preferred

Nation-Wide

$1.75

(W.

Old

$1.18%

(quar.)

Mutual System
Mutual

National

62 %c

„

40c

$1.50

9

37 %c

(quar.)—

Chemical Corp., common
preferred (quar.)
Maytag Company (increased quar.)

7%

Ohio
Ohio

$1.50

9

6-10

10-

35c

25c

(quar.)

6-

25c

$1.10
$1.10

(quar.)

Company

35c

(quar.)

6-

(quar.)

97 %C

Oil

preferred

6-30

6-15

(quar.)

Ohio

preferred

'6-30

162 %C

9-

6-15

30c

Co.

6- *1

9-30

7-1

Match

Co.

6-30

50c

preferred (quar.)
preferred
(quar.)

4.40%

(s-a)

50c

—

97'Ac

preferred
preferred

4.40%

Co

(quar.)

common

(quar.)

3.90%

Ohio

6%

6-20

1

5

40c

—

(s-a)

Co.

7-

Company,
(quar.)

Common

*

6%

$1.05

-—-—-

(quar.)__

Supply

Muskegon Piston Ring Co.Muskogee Company (increased quar.)
Mutual Chemical Co, of America—

6-20

7-

Edison

Holders

Payable of Rec.

''

—■—

12-

Ohio

When

Share

*

$3,375

Murray Corp. of America, com.
4% preferred (quar.)

52 %C

(s-a)

Mathieson

McBrine (L.).

1

5-17

6%

(increased a-a)

com.

-

preferred

McAleer

7-

&c

preferred

Irregular

Maxson

3

25c

Massawippi Valley RR. (s-a)
Massey Harris Co., Ltd., common

Mathews

'7-

6-10

common

preferred

Electric

7-17
7

6-15

6-10

share

per

(increased quar.)
Murphy (G. C.) Company
4%%
preferred (quar.)

redemption on July

(s-a)
Massachusetts Investors Second Fund, Inc.—

Master

Mfg.

25c

convertible

6%%

Mullins

6-20

(quar.)

Realization,

Maryland Casualty Co.,

■

1

1

Martin-Parry Corp.

prior

6-

6-20

20c

$1.50

Brass

3

:7c

(quar.)

$2.10

Mueller

J 25c

plus th.s dividend
(Los Angeles) —

$102.50

6-30

35c

/ 6-23

$1.25
-----

(accum.).

at

20

dividend)

6-15

60c

share

per

preferred

Mar-Tex

pld.

June

Per

Name of Company

5-26

3.90%

Extra
7-

J$7.50

preferred-

for

Market Basket Corp.
Common

7%

5*

(Toronto)

Co.

-—

Co., 7%

issue

6-15

40c
40c

(quar.)

Corp. (quar.)
Mount Vernon-Woodbury Mills, 3.75% pfd.—
(All outstanding shares called for redemp¬

6-10

59%c

Mills, common
preferred (quar.)

Wheel

7-

<quar.)

Marion Power Shovel

6-30

Holders

When

Payable of Rec.

Share

Paper

4%%
Motor

6-10

Mapes Consolidated Mlg. Co. (quar./
Maple Leaf Gardens, Ltd
Marathon Corp. 5%
preferred (quar.)

Marion

5-25

30c

Insurance

Magnesium

5-15

6-15

25c

Semi-annual

Marine

6-15

Company

27 %c

common

preferred (quar.)
(P. R.) Company

Mallory

Name of

Morris

5-25

$5c

—

Corp. tquar.j
(R. C.) Company

Magor

6-15

25c

—_

common

Per

Holders

Payable of Rec.

40c

25c

Gold

Company,

Magnavox

Co.

Monday, June 5, 1950

...

-

8-

1

-

4

7- 3

50c
45C

...

6-20 1

6-15

5-31

Public

Electric

Service

$1.40

Gas

Co.

40c

Industries, Inc.,

Piillman,

Inc.

Oil

Pure

5%

Ralston

9

5-31

Common

6-10

5-17

$4.50

»

Packing Co.___
Raybestos-Manhattan,

6-30

6-15 '■

6-10

5-31'

5%

7-1

6-15

8-31

8-

.

40c
50c
933Ac
933A.c
2Vic

6-15

5-31,

6-13

6-1

£

Estate

ton,
Real

D.

Red

C.)

Silk

5%

Title

Owl

Reed

Mills,

4%%

Stores,
Bit

(quar.i

pfd. A

(quar.)

Company

Reeves

Brothers/ Inc. (quar.).
Regent Knitting Mills, Ltd.,
$1.60 non-cumulative preferred
$1.60

non-cumulative

Reliance

3%%

preferred

Class

A

6-

6-15

0-

;

9-15

9-

Angeles),

6-12

5-26

preierred (s-a)
Seeger Refrigerator Co._

6-16 4

Selby

7-13

6-22

oeeniaii

6-

5-ltt

7-

1

6-15

7-1

5-29

Servel, Inc., $4.50 preferred
Shakespeare Co.

0-30

6-16

Sharon

7-

3

6-

9-

1

8-15

12-

1

11-15

series

Sheller

(quar.)

6-14

7-

1

6-

9"

7-

87 Vic
25c
$1.12%

—_—

(quar.)

1

1

6-

9

4%%

Sheraton

7-3

$28c

—

6-15

(quar.)

7%

Fund,

2

9-15*

Shoe Corp. of
Shurou

8-

1

7-15

8-

1

7-15

Sigma

7-

3

6-

9

Signal

Oil

$1.50

7-

1

6-

9

Republic

Steel Co., com. (increased (quar.)
convertible preferred A (quar.-)^-^--

,

£

preferred1 (quar.) ____
Reynolds Metals Co.; cohimon__

'

Class

:

•

3.60%

Tobacco

preferred

(quar.)

Rlegel
$4

Riley
5%

Company,
preferred

Riverside

$2

Silk

Rock

H.)

Little

of

&

Rockwell

(quar.)——

—

$1
30c

6%

Sloss-Sheffield

5-22

'6-10

6-

1

.___

(quar.)

z.

(quar.)

6-

5

Smith

2

Smith, Kline &

_

-

6-16

Socony-Vacuum

Sonotone Corporation,
South

6-

1

6-12"'

1

6-12*

South

7-

1

•

6-15

6-10 !

e-

r

25c
25c

9-10

9-

1

12-10

12-

J

6-5

5-18

7-

1

6-15

7-

1

6-15

7-1

6-15

7-15

.

6-

15c

6-

2

,6-

9

6-6-

6'Ac
20c
50c.
25c
25c

6-

6-15

6-

1
1

Inc.

(quar.)

1st

"

.

(quar.)
Mills,

—

(quar.)—.
(quar.)
_
,——$5
(quar.)_z.
;—L
St. Regis Paper Co) A
4.40% preferred (quar.)-i-x-i———x,._
Sin Francisco Remedial Loan Assn., Ltd.—
preferred
preferred

Semi-annual

Bridge

Schlage
-5V2%

Lock

Scott
<

(quar.)—

.

—

>

preferred

Scovill
,,3.65

stockholders July

preferred

6-10

7-1

3

5-31

7- 3
6- 9
6-15

5-31

t$1.12Va
$
1.50

6-15
6-14

5-15

6-14

5-25

The

$1.25
30c
$3

6-19
6-14

5-15

Thermatomic Carbon Company___________—

5-26

Thermoid

7-1

6-21

t$ 1.25
50c

30c
50c
25c
8c
3iy4C
15c

*

6- 8

1

6- 7
"

&

per

share

—

6-10

5-26

6-15

6-

2

7-1

6-1$

7-25




6-

1

6-15

6-

6-15

5

6-

1

9-15

9-

1

12-15

9-1 Mjc

$1.07 4.

.

^

(quar.)__

Co., common (quar.)__preference common (quar,)

Southwestern

Electric

Southwestern

Life

——

Service

Spalding

Ins.

(A. G.)

Co.

(quar.)
(quar.)

(Dallas)

&

Insurance

Marine

6-15
6-15
8-15
6-15
6-15
6-15
6-15
6-10
6-15

12-

1

7-

1

,

6-

2

E.)

(A

.

/

Accident

Standard

.

(quar.)

preference

Standard

$5

Brands.

.

Co

Insurance

6-15

6-30
1

6-10

6-15

6-5
5-31

6-15
*

6-15

6-10

Inc.,

preferred

(quar.)—i

common

*

1

7-18

Gas

Corp.,

common

;{

Electric—

Si

prior

$7

prior

Standard

preferred
of

Oil

Company

(Indiana)

(Ky.)

(quar.)

8-1

7-17*

1

7-17*

8-

Standard

Oil- Co.
Oil Co.

(New

(Ohio),

preferred A (quar.)
Silica Corp. (quar.)_x_x_i_——
Standard Steel Spring Co. (quar.)
;
Works

Loan

Si

(The)
Finance

;

Corp.—

--

A

common

(increased

B

common

(increased

quar.)

7-

1

6-14

5%

1

8-14

5%

9-1

8-14

5%-

5-15

1

6-20

preferred

—

t

5-31

(quar.)

A

.

!

(quar.)xx_

(quar,)__z_xx_j

$1.25
$1.25

orefer^ed

(ahar.)

11.25

,

Bond

Fund

C—

Fund
Common Stock Fund__

Artists

6-12

United

5-20'

United

6-

Corp.

Wire Rope

Aircraft

6%

5-18

6-15
6-15
6-15

Stock

Preferred

Corp.,

(quar.)
common

Circuit—

Theatre

non-cum.
Brick

•

6-

6 s*

New

1

&

Carbon

preferred

common

Company

(initial

66666-

,

Elastic

United

Fruit Company

United

Gas Corp..

(quar.)

(increased)

11

*

•"

5-31
6- X

1

■

6-15

6- 1

•'

•

—

»

7-15

7- 6

6-12
6-15

6- 6
5-15

5-25

6-10

—40c

6-10

-5-31

10c
75c
25c
75c

—

(quar.)

Corp.

1
1
1
1

.

6-30
6- 9
6-1?
7-14
7"

6- 5

'

United

1

50c

(quar.)

quar.)

Uhlted Electrical Coal Cos.

6-15-

12-19-

6-20
6-20
6-20
6-20
6-20
6-15
6-15

$6
50c

—

1

1

12-29 '

5-19
6-5
6-20
6- 1

-

$1.12%

CorporaUon

9-15

6-10
6-2
6-16

6-10
7- 1
6-30
6-10

$1.25
-

(resumed)—

Tilei

United

9-29.

7-1
7- 1

United-Carr Fastener—

1

$-30'
,

6-10

'

*

preferred (quar.)
Biscuit Co. of America
$4.50 preferred (quar.)
United Board & Carton Corp.—

6-21

,

7- 1

21c
21c
—
9c
t'/:,.'-" 21c
—
11c
20c
$1

5%

8- 4

9-19

6- 5
6- 5
5-24

*

" A

-

United

5-17

6-20
6-20

93%c
$1 25
95c
25c

Ltd

A

United

.

preferred
preferred

L;

Fund

United

5-31

62Vic

75c
"
25c
z-—50c
10c

Fund_

Bond

Union

^

25c
133Ac

(quar.)

Bond

Union

5-10

6-

<

Co.' (quar.)

v.,

—

(quar.)

Lithograph Corp.,

6-30

6- 2
6- 2
6-2
6-2
5-29
6-20

6-30 '
6-15
6-30;
6-12
7-1 '
10- 2

of California^-

preferred
Pacific RR.

Unibn

5-10

6-15

6-15

50c
$1.12 Vi
"37'/2c
; * 50c
62Vic

-————

Union

6-30

6-15

35c

5-31
5-31

6- 9

Film Corp.—

Union

6-20

8-10
11-10
6- 6
6- 1

14

(quar.)

Stockyards Cot of Omaha,
Union Sugar Company (quar.)
Union Trusteed Funds, Inc.--

6-20

7- 5

35c
30c

______

Power Co.—

&

Union

5-11

30c
30c
37V2c
37y2c

quar.)

convertible preferred

Light

cohV.

$3.75

--4

Class

8techer-Traung

(quar.)

Co:

Corp

Electric

Oil Co:

Union

7-15

8-15
11-15
6-15
6-15 '

25c
25c
22'/2c
$1.75«

Disc Clutch

Union

5-26
5-26

31'Ac

Carbide) & Carbon Corp
Union
Investment Co.
—

8

6-10

*

3%%

9-

6-15
6-15 1
7- 1
6-30
6-30

$1
50c
933/4C

(quar.)
common (quar.)__

Jersey)

Standard

6%

5-25

6-12
6- 61
7-14
12r/2d' ': 8-15
40c
6-10
60C
6-30
15c>
6-10

x

Extra

State

5-24

6-

$1
50c

(quar.)--^

Class

6-12

5-29-

6- 5'
6-20

6- 9

Co.

Union

6-16

7-25
7-25
6-10
6- 9
6-10

California

Co.

Gas,

' 6-10

25c
$3

#

Tyler Fixture Corp., common (irreg.)
5Vi %
preferred (quar.)
Underwood Corporation
Union Asbestos & Rubber (quar.)

7-14

50c

;

(quar.)_

preferred (quar.)
preferred (quar.)_
Co. (quar.)
208 South LaSalle Street Corp., common

7-14

$1.50
$1.75

(accum.) J
(quar.)_^

Oil

(Hartford)

6-15
6- 5
5-31
6-17

6-12
6-20',
7- 1 '

Co.

Union

(accum.)-

Oil

4Vi%

—

Temper

$1.50

6-9

6"

6-15

(quar.)_

preferred

Tucson

Twin

5-25

8-1'
8- 1
7-1

25c

6-1

7- 1
7- 1

$4.50 prior

1

"

preferred

Standard

Products

Common

5-29"

6-

7-3

15c

Co.

Twentieth Century-Fox

5-12"

25c

$6

Corp

Quarterly

8
5

5-25

6-12

5c
18%c

(quar.)__

fquar.U__——x

State Fuel Supply____
8-

6-

$1
$1
50c
40c
94c

87MiC

(quar.)_x___
(initial)

Factors

preferred

Stanlev

7-12

6-

5-25

5

5-19

tl5c

_____

8teel Forgings Corp.__—

True

30c

-----

prior preferredMfg. Co., common (quar.)___
to

Royalty

Truax-Traer Coal

v

40c

(quar.)—
A (quar.)

Stahl-Meyer, Inc.,- $2

Standard

7-

7- 1
6-12

"

5-25
6- 5

6- 5

preferred (quar./_—_
Troy & Greenbush Railroad Assn. (s-a)

10c *

preferred

Shipyards

*

; >

Trbpic-Aire, Inc., 6%

6-

6-12

6-15
6-10

—$1.75
50c
j—_«
A *
6c
pfd, (quar.)—
53'Ac

(quar.)
Corp.

Common

Extra

Standard

6-15

preferred

$1.25

6*

6-15

"

,

(quar.)___

Quarterly
Quarterly

6-

6-

(quar.)

Ltd.

Co., Inc., common

Trinity Universal Insurance

6-

7-14

Tailors,

Treesweet

8-18

6-16
6-16

:

■

*

-—

Trailmobile Company,

5-15

6-16

-

-

Travelers Insurance

5-15

6-28

10c
' 50c

Transue & Williams

6-

50c
40c

Squibb (E. R.) & Son, com. (increased quar.)

Standard

7-15

5-31

1

—50c

Co._—_

Bearing

Roller

Top

Toklan

5-29*

1

6-

dividend.

Inc.

Todd

Co.

(quar.)

$4 preferred

Called

7%

6-

30c

'increased)

Co.

Fire

8

r

6-

for redemption on July

the above divi/ Previously
38,803
shares were
also on July 1 at $105 per share

Tobin Packing

6-10

6-15,

Brothers

Electric

(Mass.)

5-

6-15

Sparks-Withington Co., 6% conv. pfd. (quar.)

Springfield

5

50c
20c

v

—

com.

Ltd.

issue called

dend.

Tip

6-

__.

Co..

5

6-15

preferred

Royalty

4"

5

8-

62'Ac
50c
$1.06'A\

com.
(increased quar.)—
(quar.)

6-20

7-15

at $106 per share plus

Time,

40c

Gas

(quar.)$1.06'A
4%%
preferred ";(quar.)
$1.183/4
5%
preferred (quar.)_x_.__
—
$1.25

6%

50c

preferred

Union

convertible

75c

7- 1

25c'
$4
10c

common

Mills

Stores,

Timken

50c
$1.25
75c
$1.25
$1.25
20c
25c

(quar.)

non-cum.

Standard

85c

common———'

preferred'.■yquar.)
(quan)_—--—

4

6-15

v

4.30%' preferred

7- 4
7-

100%
—

Co.

Standard-Coosa-Thatcher Co.

7-25

933Ac

6-12

37'/2c
$1.20

(quar.)

5%

$3.50

-t30c

7- 1

6-

1

5-31

1

1

6-

1

6-

1

Entire

6-30
6-30
.8-31
6- 6
6-308- 1
6-12
6-19
6-15
6-15
9-15

6-

6-

1

50c
27c
3%c
20c

.

(quar.)
Gas
Co.

—

6-13

•

6-

7-

1

1

6-15
6-15
7-10
7- 1
7- 1
7- 1
7- 1

6-12

8-

6-

5-31

75c
4% preferred (quar.)
—
$1
Thor
Corporation
(quar )
____xx v
.
25c
Thorofare Markets, Inc;, common (quar.)—
■
25c
5% conv. preferred (initial series) (quar.)
31'Ac
5% non-conv. preferred series B (quar.)_": 3l'Ac

6-J 2

:

5-11

7- 1
7-1'
7- 1,
6-15

57'/2c
25c
31'Ac
10c

——

(quar.)_

plus the same regular quarterly
Tllo Roofing Company (quar.)

Co.—

(quar.)___

6-15
7- 1

6-15

6-16

75c

preferred

15c
32c

—

6-26

(

:

Edison

5-11

Co.—

(increased quar.)__
Tide Water Associated Oil
$3.75
preferred
(quar.)

this

plus

5-26

(quar.)

Co.,

preferred

Thrift

Co., Inc.—
redemption
on

5-18

6<- 5
6- 5

■

Thompson Products Co., common (increased)-

1

5-26

6- 7

50c

Steel

7- X,
7-15
7-1

7-

7-15

6-30

.

6-15

Thomaston

1

6-14

5-26

4Vi%

1

5-22

6-30
8- 1
6-14
6-15

Company,

$2.50 preferred

5

6-

5-27
;

6-13
6-30

Thomas

6-

1

6-

■

6-15

Fair

6-16

$1

i

preferred (quar.)—
Inc. (Rhode Island), com.
$1.25 preferred (quar.)—-1
Thatcher Glass Mfg. Co., common

<

5-31

6-15

$2.30

5-19'

5-15

1

6-

50c

Textroh,

6-12

6-15

Inb. (New Hampshire)—

Textron,

12-11

6-15

1

6-15
6-15
6-10
6-29
8- 1

75c'"

quarterly
Texas Utilities Co. (quar.)

5-25

6-19

5-26

Increased

1

1

6-19

(quar.25c
10c

Co.

j——_____

1

9-

6-15

25c

n

t

Oil

&

Texas Southeastern Gas

9-11

62y2c

(quar.)

:

Coal

Pacific

Extra

6^13

$1.12'/a

Co.

Sulphur (quar.)-.

Extra

7- 1

(quar.)_

Service, $4 pfd.

Gulf Producing

Texas

5-19

5-

Corp.

Texas Gulf

Paper

$106.50

at

preferred

$3.75

6-

i—__

preferred' (quar.)

$6

50c

(quar.)

'

5%

$4

Texas Electric

6-20'

-

*

(quar.)__

pfd.

com.

for

California

Southern

Tennessee

6-16

9-20
12-20
6-10
6-30
6- 9
6-30
6-30

60C
* 50c"
50c

—

Railway Co., common
non-cum.
preferred (quar.)

Staley
7-

90c

17)

(qyar.)_

Co.f

6-10

-

(quar.)zi^—x—xi——x"

Manufacturing

4-20

6-24

27V2c

(quar.)—

common (increased quar.)^
dhddend (Subject to approval of

common

$3.40

7-

Spraeup

6-30

tlOc
60c

Paper Co.,

Stock

'$4

Co.—

preferred A

5-31

9

.

Co.,

Schwitzer-CummJns

7- 3

6-

1

6-24

$1
50c
JAl'/tC

'

(quar.)

Brothers,

Sarnla

>

common

5J/2% preferred
Ltd
Co.—

Sanger

$15c

1

'6-5

$1.10

—

Works,

Water

X

Southern

6-5

$1.25
$1.25
$1.25

'$5^ preferred

San Jose

6-

3

5-31

1$1.50
t60c
12Vic
50c

(quar.)

2nd

Loujs

$5

6-15

6-

6- 3

Ltd.—

preferred (quar.)—z.
Public Service, Class A (initial)—
St. Louis-San Francisco Railway Co. ,(irreg-)

St;.

1

7-

$1
50c
' *$1

ix_.

(quar.)

preferred

1

6-

9-

6-13

6-15

Joseph Lead Co
St. Joseph Light & Power Co., common——

$2.40

6-

6-15

9-14

9-

25c

St.

$6

X

6-13

'

5-22
6-

6-15

*
.__

(quar.).

Paper

6-

(quar.)____—25c
$1.50
Speer Carbon Co. (quar.)
17Vic
Spencer. Kellogg & Sons, Inc: (quar.)
50c
Spiegel/ Inc., $4.50 conv. preferred (quar.)
$1.12y2

6-15
6-26

37'/2c

■

A

1

Southland

! 6-15

$1.12%

(quar.)—

Corp

preferred

6-28

5-31

Brewing Co.

7-

6-

7- 1
6-15
6-10 1

$1.50

7-29
6-10
6-10

(quar.)

Inc.

common

Bag

Pacific

1

6-

/

25c

Lawrence

Co.,

called

Natural

1

; 6- 9

—-

6-30

Tennessee

Texas

6-15

(initial quar.)

Ry.

5-23

.

5-16

7- 1

$1
3c
25c
25c
35c
$1

Georgia
(quar.)

&

6-30

(quar.)_

Advance

Southern

4%%

Alabama

6-15

,

7- 3

5-27
6-30

/

.

(s-a)—
'
Co._—>"■•.;

Power,

9

s

Sugar Co.,

Southern

$1

Bond & Share—
preferred (accum.)
6%
2nd preferred

1st

25c

(quar.)
preferred
4.087,
feonvertible preferred (initial)
Southern Company
(quar.)
Southern Indiana Gas & Electric, common.

2

Products

7- 3

6-

6-10
6-15
8- 1
7- 1
10- 1
7- 1
7-1

.

56'Ac
27c
' 87'/2c

(quar.)

4.32% preferred (quar.)—
(increased)—;__rt—.—

Fenn,

Tennessee,

4.32%

6-10

preferred

1

9

5-31

10c:

Extra

4%%

~

_______

(quar.)
Electric & Gas, com.

Rico

dividend.

1

6-

6-20

$$1.0fl
75c
37%c
$1.25

5%

Oil

preferred

Southern

1

6-15
6-12

Inc., common

$4

25c

Porto

Southern

5-22

6-30

iquar.)_

St.

Telluride

(s-a)__

preferred (quar.)
P.ttsbUrgh Water, 4y2%

South

7-

50 %

—;

pfd.

6-ld

preferred A

conv.

Carolina

5%

5

6-15
7-

50c
35c

-

j

Safety Car Heating & Lighting Co.
Saguenay Power Co., Ltd.,
4%%

Telephone

7- 1

Si Sons Carpet Co., com.
French Laboratories (quar.)

6-16

6-15

»

.

Shops

Tecumkeh

5-31

(Alexander)

6-30

$1.25
$1.25
$1.25
12 %c
$$1.06'A
35c

-

.-

—

Royalty

6-15

__^

6-

-

'Extra

Taylor'&

6-30
6-10

Iron

&

6-30

£J18%c

—

Saco-Lowell

7- 1

6-15

'

6-15

6-15

Sabine

Steel

6-15

-

(initial)

Quarterly
Quarterly

1

6-10

40c

(quar.)

& Haynes,

5-24

40c
593/«c

Quarterly;'

' 50c
t20c

Mfg.

Ryerson

6-14

2

2

6-

t4c

Quarterly

70c

9-15

Co.—

(Jacob), 4%% preferred
Co. (increased)

Ruppert

7- 2

______

1

Aug.

(quarJ

Manufacturing

Russell

2
2

Inc.

Entire tissue

—_

dividend

66-

,___:

1

8%

Company

Extra

,

7- 2

preferred (quar.)
_______
Sylvanite Gold Mines, Ltd._________________
Talcott (James) Inc., com.
(quar.)

(increased)

7-

29}Jc

(accum.)

Stock

6-

■,

4.80%
—

—

(quar.)

Rpud

6-22

Extra

:_____

Co

Corp.' (quar.)——

Corporation

(quar.)

Company

6-15

t50c
37Vic
25c

-

preferred

6%

preferred

Original

preferred

Rowe

Sylvania Electric Products,

2

6-

15c

•

6-16

Ltd.—

Dairies,

6-15: '

prior to June 26.

J

Ruberoid

Western

(quar.)__
Sloaae-Blabon, 6% preferred A

6-

(quar.)

5-24

(quar.)—

A

Skilsaw.

6-10

Co.

2

6-

6-30

25c
50c
$1.06y«
40c
40c
35c
$1

—

(quar.).
(quar.)__

5

(quar.)

9-15

;

&

Inc

common

preferred

6-

6-

6-19

25c

(increased)-___

6

$25c
25c

1

25c

Refining

Swift

Cement,

Paper Co.,

___

35c
t30c

Skelly Oil Co., new common

6-12

&

Ltd.

6-15

37Vic
$1.25

Paper Co., Ltd., 4'A% pfd.
Metal Works (quar.)

Oil

9

Machine Tool Co.

convertible

4V, %

7%

10-

40c
50c

Rpnson Art

Roosevelt

4% %

6-20

7-15
7- 1
7- 1

26Ac
28vsc
20c

4Vi%

6-30

B

$1.25

__

Industries

6-

,

preferred

Extra

7- 1

(quar.)

common

3iy4C

5-26

50c

.

Ross

Sutherland

5-25

(quar.)

1

;

$1.75

—

Inc.

5-25

6-15

,

9

Corp.,

25c

10-

$1.75

-.

Brothers.

Superior Portland

6-15

iquar.)

7-

$1.75
$1.75

5-:.

(quar.)__5% prior preferred, (quar.)
5% preferred A (quar.)
____
Rocky Mountain Fuel (liquidating)

Roos

5-25

Sunray Oil

t50c
156V4C
40c

6-10

lc

■.'

(quar.)

Manufacturing

ROlland

6-15

(quar.)
—____——
Sun Oil Company (quar.)
Sunbeam
Corporation
(quar.)x_
:—

75c
10c

Ltd., 4V2% preferred (quar.)_
Singer Manufacturing Co. (quar.)i__

1

Rockwood & Company
5%

Sunstrand

(quar.)

class

75c

1

Quarterly
Quarterly

Class

outstanding

,

Quarterly

5-31

$1.12%

.____

Simpson's

Company (quar„)__—A__ <
Company, Ltd., common

Corp.

Ages

Sllverwood

6-10

25c

(H.

Rdbinson

6-15

'

6-15

preferred

$50c

(quar.)
Dairies, Ltd.,

6-20

—

Robertson

6-15

5-31

preferred A (quar.)
preferred B (quar.)_—
Sunshine Mining Co. (increased)

25c
t25c

7-

;

common

5-25

common

Simonds Saw & Steel Cot

J.

shares of

6- 5

25c

Canada

Gas, class A

Simmons

shares
being called for redemption on July 1 at
$27 per share plus this dividend)
Each share of preferred is convertible into
2Vi

6-28

6-

preferred

5'"'

Mills, Ltd.—

(all

6-15

(quar.)

5-25'vV

(quar.)

pfd.

B

6-10

(quae.)

conv.

6-15

-5%

25c

6-10

Corp.—

7- 1
7- 1

(quar.)—

6-15

Robertshaw-Fulton Controls Co., com. (quar.)

i

6-19*

1

Gas

7-1

;

/, 7- 1

class A (quar.)
Robbins & Myers $1.50 partic. pfd. (quar.)__

4%%

5-25

Propane

6-15

(quar.)—

Ltd.

90c

participating

Extra

7-

?:

Co.

40c

—

(quar.)__.

common

6-15
6-30

Stromberg-Carlson Co.s 4% preferred (quar.)
Suburban Electric Securities, common..

$$1.75

$1.12%

—

Textile Corp., common
preferred A
(quar.)
Stoker Corp

Ritter

6-i9*

of

;

%
2nd preferred
?% 2nd preferred (quar.)
(quar.)

Paper Corp.

25c
50c
25c

(quar.)

20c

preferred

Ltd

Ltd.,

Extra

Rice, Stix, Inc.—
7%
1st preferred (quar.)
7%
1st preferred (quar.)

Riegel

6-15

pfd.

$5

7- 1

quar.)__

common

—

:

Paper Co.

Oil Corp.

7-1

&

Sllverwood

*(quar.)__:
,■
-tRice Ranch; Gil Co..:__L_J——___—___l—£

Richfield

7-10'

Co.—

4.50%- preferred (quar;y £
i
Rljieem Manufacturing Co., com. (quar.)
Rhinelander

5%

8-1

$1.31'A
25c
$1.37%

convertible preferred (quar.)..-,
J.)

7- 1

& Clothier,

10c
$1.50
50c
$2
25c

Hoist.

&

Co.-

Breweries,

Silknit,

5%%

<R.

6

62'/2c

Strawbridge

1

x_.

___;

Suburban

America, class A (quar.)-

Mines,

Revere Copper & Brass

Reynolds

7

common

Extra

Co.

(quart)

Optical

15c
15c
75c

preferred B (quar.)_

5%%

1

912-

B

z__—>

Lwi

$1.50

9-15

Sicks

preferred A (quar.)

6%

6%

2

Inc.

6%

6-

9-15
12-15

Class

La-si

class A common

110c

preierred

10-

$27c

*

6-20

25c

Extra

Corp. of America—

Sherwin-Williams

7- 1
7- 1
6-15

25c

(quar.)

convertible

$1.25

6-15

1

$1.25
50c

Common

Stonecutter Mills Corp.,

25c

(quar.)

Company

Crane

6-

Cominon

;

(increased

Corp.,

preferred

Shepard-Niles

-

6-10

6-10

(quar.)
preferred (quar.)

Products

1

45c

7- 1

preferred
B

6-

6-10

Manufacturing Corp.

otieiimar

7-

A

series

4V2%

1

6-10

6-

15c

G.)

1

6-

6-12

22c

(Frank

1.

6-

7- 1

(quar.)

Shattuck

6-

5-10'

Extra

5-26

Corp.

6-10

1

(quar.)

B

6-20 A

Steel

45c

6-19

6-

.'

Brothers, Inc. (quart)

A

6-19

6-15
6-10

(s-a)

:

6-15

4%

&

45c
f.
50c
12V2c

Company

6-30

Ltd.,

Investors

Stone

1

prior

10-

Republic

8'1

6-16

6-

Participating

Class

5-31

7- 1
7- 1
6-15
6-10

6-15;

Extra

5*

8"

12 V2c

preferred

•.

Shoe

6-10

25c
25c
75c
10c

40c

Guaranty
(s-a)

common

participating

25c'

—;—.

Camp, Inc., common
preferred
(quar.)
Webster
(increased)
—n

50c

(Los

4V'

8

9-

12-

Shawinigan ■ Water & Power

(quar.)

A

&

6-12

7-3
Class

Insurance

5-19

1

Stix, Baer & Fuller Co
Stokely-Van
5%
prior

6-22'

preierred (quar.)

7-1

7-

'

7-10 '

Acceptance, common.

6-10

$40c
t40c

(quar.)—
(quar.)__

(quar.)

preferred

Renold-Cover.try,

6-15

(111.)

Co.

Remington-Rand, Inc., com.
$4.50

__

preferred

Manufacturing

Securities

$3
15c
$1.25
$1.183/4
25c
25c

(quar.)

common

A

69-

Title

6-16

65c

&

1

Security

7- 1
7- 8

6-22

(quar.>_„

1

5%

6- »•»

(quar.)

Corp.

31 V<c

Delaware

Serrick Corporation, class

(s-a)__

preferred

Roller

-

D.)

Stewart-Warner

7-10

(quar.)__:

;<G.

J20c
30c

—_

<quar.»__x_

Aluminum Products, Inc.-—___xx_
25c
Stern & Stern Textiles, Inc.,
4%%' preierred
(quar.)_____x—56c

6-22

,

preferred

of

Inc.

6-15
8-28'
6-16

25c

(quar.)

Stores,

7- 3
6- 9
6-30

10c

Brothers, Ltd.

Brothers

Sterling

7-10'

45c
333,4c

(quar.)

convertible
Co.

Sterchl

Holders

When

Payable of Rec.

Share

Company'

15c

Co:, common

(quar.)

Searle

6-30"'
9-29'
12-27

$1.25
$1.25

7-

50c
50c
50c

(quar.)
Co.- (Washing¬

Insurance

Hosiery

prior

preferred

(quar.)
preferred

3%

,

6-17

(quar.)J

convertible
Oil

Stedman

6-17

7-1

$1.25

10-

87%c
35c
50c

(quar.)

7- 1

Company (quar.)
Sears, Roebuck & Co. (quar.)
Seatrain
Lines,
Inc
L]

25c
25c "

,

__

15c
$1.12>/2

x-

$135

Seaboard

1

6-15
6-15

Inc.—

(quar.)___

$2.60

6-13.-

$1.50

_.

'i

6-15.i

7-10>

;

Inc.
(increased).
Inc.) $2 preferred (quar.)
Reading Company, 4% 2nd pfd. (quar.i
Real

1

5-31
6- 5
6- 5

6-15

17V2c
$1.02%

(quar.)

preferred

Name of

RR.—

Seaboard Finance

$1.50

___

1st

7-

$2

Ra^onier,

non-cum.

5 fo

15c

____

J

___

(quar.)

Ra$h

4%

-

30c

:

com._

r_

preferred

Line

Air

25c

(increased)

1st preferred

conv.

8eaboard

A

preferred
5%> preferred

r

(reduced)
(quar.)ii_

(quar.)

series

10c

Quarterly __;
Radio Corporation of America
$3.50

Co.

prefetred

Scruggs-Vandervoort-Barney,

6- 0

*

Refining

Electrotype

Lace

4.10%

7-1

Inc

Company, common (quar.)_
preferred (quar.) ___________
___
preferred (quar.)
(Pittsburgh) (quar.)

Rand's

'

,

Scranton

Scranton-Spring Brook Water Service,

$1.25'

Purina

?%%
3%%

Rapid

6-

6-15

;

,

Quaker Oats Co., common
6%
preferred (quar.)
Oil

6-30

i

(quar.)
(quar.)

Products,

State

1

$1.183/4

pfd. (quar.)'

Pyle-National Co., common (quar.)
8% preferred iquar.)___.

Quaker

I

6-

.

$4.75

preferred

Corp., Ltd.

Purolator

o-

_

Company—

conv.

Purex

(quar.)

b-.su

6-30

"

Puget Sound Pulp & Timber Co
Publicker

6-30

35c
fl.02
25c

common

.__

Per

Payable of Rec.

Share

•;

1

Holders

When

Per

Name of Company

,

6-

50c

&

preferred (quar.)
preferred (quar.)

4.08%

*'

Payable of Rec.

Share

Name of Company

Holders

When

Per*'

.

—

25c-

£

5-19

5-2Sf
6- $

-8*^

56

The Commercial and Financial Chronicle

(2348)

Willson

5-31

6-30

Willys-Overland Motors. Inc.—
$4.50 preferred A

Wilsil,

Illuminating

«*:

;

\

.

7-

55c

I

6-13

each

for

com.

Bonus

U. 8.

'

Cold

U. 8.

i

Corp.

Storage

Quarterly
Foil Company,

U.

U. 8.

Y.)

•""*

preferred

U. 8.

Co.

Pipe

U.

(initial quar.)

U.

8.

1st

Tobacco

7-

I

6-

9

Steel

7-

I

6-15

6-15

5-26

7-

1

6-15

Woods

5%

United

Stores,

United

Wallpaper

1

V

4(4%

6-15

65c

6-10

5-

6-

5-25

6-30

6-15

6-15

(s-a)

50c

6-30

6-

50c

pfd— ;;;■

2nd

(quar.)

7-14

Yale

8-

12Vte

5

50c

preferred (accum.)_

6-

9

7-

1

6-15

6-12

class

A

r

Zonlte

Utah

Oil Refining

Utah

Power

&

Co.

Vapor

5%

Ltd.

Viceroy
Vick

Co.

Co.,

50c

preferred

preferred

6%

Co.,

6-

6-6

6-20

6-

1

year

class
lot

25c
25c

7- 1
8- I

7-20

60c

.

6-30

6-23

6-20

25c
$20c
25c

(s-a)

7-1

6-9

6-30
6-15

6-15
6- 1

75c

Co

6-15

6-

$1.25
15c
25c
10c

.—

—

:

50c

6-15

6- 5

6-20

6-

9

7-20

1

6-15

5-19

6-15

Baking

6-

6-15

A

preferred

30

7-

:V

75c

5

Washington Water

above

to

Waterloo

Cedar

Waukesha

Wayne

Falls

Motor

shall

Knitting

might be

5

cents

Webster-Chicago
Wells-Gardner
Indies

to

net

6-15

6-15

5-15

of

declared

and

Corp.

&

of

5-22

the

West

Aug.

1

munities

Co.

7-

1

share,

class

and
in

A

2c

7-

1

6-15

25c

7-

5

6-

—

(quar.)

of

12%

Assurance

pref.

Field

to

lines

and

10-17

10- 3

35c

7-

time

time

any

'

7-

1

their

of

shares,

shares

date

of

Sept.

entire

The

the

calendar

any

is

and
to

be

to

The

common.

either

6-

6-12

6%

per

owned

share

1948,

the

The

6-12
6-20

6-

7-

Earnings per

Westinghouse

1

each

Brake
Co.

6-15

5-22

This

made

stbek

offering

and

J.

Earnings

6-19

•—V.

1

the

stock,
$1

offering

an
or

total

a

share.

per

from

from

of

9-15

been

withdrawn.—

its

prior

lien

White

Motor

Wichita

(quar.)

River

9- 8

8-15

8-

Wieboldt
$4.25

11-

Stores,

Inc.,

preferred

1949

1948

$300,890

322,569

322,569

Operating

share,

$0.82

V;

Nil

$0.93

I

Total

1949

'

(s-a)




filed

feet

letter

a

to

529,000,000

(par

share),

per

notification

of

stock

common

cents

1

the

cent)

cubic

with

to

proceeds

involved.—V. 170,

be

to

the

sold

to

go

1333.

p.

■I

1949

6,698,360

-

7

1948

1947

6,455,458

7,925,888

t

7.614,954

2,264,792

!

1,995,256

2,926,882

1,915,843

21,461,694

18.237.533

30,466,441

5,690,903

4,393,102

11,156.559

30,635,395
10.092,193

1391.

Other

oper.

4,476,058

$6.71

1950—3 Mos.—1949

$4,214,596

____

$5.54

1950—12 Mos—1949

and

4,275,659

17,208,931

18,351,135

$243,420

—

$342,422

$2,413,344

Income deductions

7-

1

6-15

Federal

6-

7

5-29

State income tax

8-

1

632

7,516

37,778

7-21

8-

1

7-

1

;

New

York

7-21
6-

Net

income

$248,849

—

the

—V.

per

171,

p.

6-30

6-15
6-15

6-30

6-15

7-1

6-20

$343,054

$2,420,860

the

company's

East

branches

therefrom,

approxi¬

lien

on

and

St.:

length.

of

be

the

undersigned

Room

at

2018,

70

Pine

Street,

Y.
received

the

at

company's office. Room 2018, 70
before 12 noon, lEDT) June 15, 1950.

APRIL

FOR

AND

FOUR

FIRST

1949

1950

MONTHS
1948

1947

from

railway- $18,356,609 $18,474,820 $19,070,618 $18 359,525
4 212,485
3,997,478
4,348.724
4,666,186
railway
oper. income.—
1,306,285
2,128,757
1,879,890
1, 767,063

Net

from

Net

ry.

From Jan. 1—
Gross

from

from
ry.

72.640,254

171,

73,038,722

80,371,848

74, 735,554

18,541.115

14,301,327

20,245,348

17, 500,743

8,604.227

railway

railway

6,400,380

9,001,617

7, 427,407

income

oper.

2201.

p.

The company has applied to the Missouri Public Service Commission)
for authority to issue an additional $50,000,000 common stock to help-

finance

p.

construction

its

will

raise

the

total

and

improvement

shares

2201.

to

The

program.

4,650.000,

$100

par

propose#

each.—V.

171,,

>

Spencer Chemical Co.—Registers With SEC—
company

in

on

connection

stock,

par

June
with

filed

1

registration

a

offering

an

value

$100

holders

of

of

85,000

offered

preferred stock for each share of

of

The company

shares
the

5%

of

right

to

to

with

statement

shares

of

thp

cumulative-

share.
These shares are to becommon
stock on the basis of .085
per

stock held.

common

is also extending to holders of

its outstanding 150,005
preferred stock (par value $10 per share)
shares of their stock for shares of the new

cumulative

exchange

preferred stock out of such portion, if any, as is not subscribed for
through the exercise of lights of the holders of common stock.
Theoffering is to be underwritten by Morgan Stanley & Co. and Glore,
Forgan & Co. and associated underwriters.
Proceeds

of the issue wili
be used
principally in connection with)
acquisition of the Ohio River Works of the company at*
Kentucky, for the completion of a prilling plant at thoJayhawk Works at Military, Kansas, for construction of storage facil¬
recent

Henderson,
ities and

for

the

redemption

pursuant

to

the

$2,656,667

Gross

1950

from

24,878

89,649

88,537

Net

from

850,057

953,486

Net

ry.

4,573

4,773

47,800

42,114

$133,930

$194,310

$0.13

$0.18

any

shares of

old

offer.—V.

preferred

171,

p.

stock

not. ;

1391.

Spokane International RR.—Earnings—

119,093

share-

of

exchange

$193,790 '

railway——

1943

1947

$190,238

1949

$178,798

$157,965

.

•

$1,433,353

61,634

39,077

35,945

36,640

13.153

from

from

$1.45

Net

ry.

$1.32

79.753

income

39,825-

;

15,035

From Jan. 1—

Net

1783.

railway-—

oper.

$1,572,531

oper.

%

683,664

658.093

54.331

146.511

153,77T

89,485

income—

613,262:

196,705

railway

railway

♦Deficit.—V.

7-1

—

at

6-20

7-1

6-20

*37,105

50,330

52,375

612,315

171, p. 1891.

$25.50

per

share

was

quickly

oversubscribed.

See

Spokane, Portland & Seattle Ry.—Earnings—
Gross

from

Net

from

Net

V. 171, p. 2101.

1950

April—

ry.

railway

railway

oper.

income—

1949

1943

$2,133,003

$1,913,384

$2,083,766

1947

$1,729,05*'

571.653

403.122

602,204

356,427

296,547

140,751

243,931

98,173-

7,534,316

7,430,121

7,916,419

6,818,29*-

1,762,366

1,651,641

1,532,013

1,596,077"

732,382

603,432

256,927

527,493-

From Jan. 1—

7-1

0-23

10- 2

8-22

6-15

$1.25

6- 1

6-15

6-

1

6-15

6-

1

20c

$1.25
$1.25

Southern California Edison Co.
Offering Oversub¬
scribed—The offering to the public on May 17 of
1,000,000 shares of 4.08% cumulative
preferred stock (par $25)

-

$1.25

:

line

6-30

75c

III—

N.

must

April—
Gross

20,196

•V

com.

first

a

Ind.,

aggregate

specifications and form of proposal draft of circular
(which drafts are subject to change) are avail¬

office

5,

bids

'85.151

__

income tax——_ "

income

Earns,

9

7-15

$1.061/4

com..

in

Pine St., New York 5. N. Y. on or

Gross

6-19

6-23

30c- :

~

miles

April—

25c

_

constitute

Albany,

$2,618,839

income

Gross

mortgage bonds, to be dated June 1,
1,-1975, to be issued under and secured by
mortgage "dated
June
1,
1950,
under
Bank of the City of New York is trustee,

of mortgage

at

All

National

will

380.99

Notice

the

$4,618,081 $19,622,275 $20,970,024

429

revenue

5-24

-

Chase

exchanged
Net

first

first

initially

3,966,176

6- 9

50c

30c

.

Willcox 8c Gibbs
Sewing Machine Co.,
5% conv. pfd. series A
(s-a),
5% conv. pfd. series B

cubic

share

1948

\

"

(quar.)

„

;

mile.i

496

$32,651,554 $33,950,226 $36,118,726 $33,221,485

income

New

preferred

5,420,158

share-

expenses

6-13

30c

(quar.)

(quar.)

include

daily delivery capacity of South-*

No underwriting

Louis-Louisville

The

The

French Laboratories—Earnings—

revenues

6-15

$1.43%

.

(quar.)

Wiggin Terminals, Inc.,
5% preferred vtc
(quar.)
5 % preferred vtc
(quar.)

will

322,569

5-31

75c

;

common

the

420,000.000

50

railway
income—-

and draft

issue

166, p. 2315,

5^16

25c

(quar.)

com¬
:

$32,928,630.

cost

Southwestern Bell Telephone Co.—To Issue Stock—

*$94,527

common

1

7-

25c

common

direct

numerous

will con¬

1950

taxes

~
*

(quar.),,

(quar.)

preferred

per

6-15

$1

preference

Board, but

Southeastern Greyhound Lines (& Sabs.)—Earnings—

1

2-

1

50c

Company,

A

the

$39,704,697 $37,083,402

6-15

'

class

of

1

6-30

Electric

Extra

7-

25c

Corp

at

Louis-Louisville

mately

952.

$266,215

and

common

$1

(quar.)

Oil

Chairman

p.

outstanding

50c

Co

Co.

serve

railway—il 123,950,894 129,102,004 141,929,256 131.700,062

P.

St.

St.

—V.

0- 8

11-15
$1.25
$1.25 2-15-51

Weyenberg Shoe Mfg. Co. (quar.)
Weyerhaeuser Timber Co.—

"Whitaker. Paper

additional

serve

.7- 77;.

oper.

Net

'

common

to

service.

gas

increase

1950, and to mature June
Its

and

1

6-15

$1.25

Corp.

per

1733,

p.

May 22 authorized this company
in the South to meet in¬

1950

oper.

ry.

Nord,

Corp.—

(resumed)

Wheeling & Lake Erie RR.,

as

171,

Period End. Mar. 31—

,

Instrument

capital
$10

system

markets,

1391.

railway
railway

from

the shares offered

has

profit after taxes—,

6-29

7-

$1.25

Westmoreland, Inc.. (quar.),,
Weston Electric

to

from

from

ry.

share

Edward G. O'Brien

None of

sales

7- 3

30c

V

Co.

will

system

(estimated

bonds

per

Eugene

them

net

by

Year Ended Dec. 31—
Net

40c

(quar.)

retired

Smith, Kline

5

(Toronto)—

(quar.)

Coal

offered

of
at

lines extending from Gwinville (Mississippi) Gas
C., and approximately 311 miles of laterals, branch

selling stockholder.

SEC

Net

(quar.)
(quar.)

Air

"Westmoreland

on

provide capacity to

to

natural

corporation on May 24
covering 20.000 shares of

market

111.,

170, p. 2336.

;

6-15

t75c

Stationery
preferred (quar.)

publicly

shares

(estimated

Southern Oil Corp., Jackson, Miss.—Files With SEC—•

Louis,

5-29

50c

(quar.)

&

Co.

13.000

value

expansion program.—V. 171,

present

estimated

171, p.

which

'

has

shares

♦Loss.—V.

20c

A

Tablet

for

pipeline

gas

and

facilities

new

Natural's

ern

feet.—V.

which

company

sold

was

and

common

to

the offering
the company.

sold.

were

Net profit after chgs.

1

3oc

preferred

Western

only.

market

and lateral line additions.
In addition, the company
11,600 horsepower in compressor additions, and 7,600 horse¬
compressor stations.
,
,

by

common

stock at $1

offering

company,

Quarter Ended March 31—

5-29

25c

.

preferred

the

of

Securities

new

giving

the

(L. C.) Smith & Corona Typewriters, Inc.—Earnings-

,<

Western Pacific RR. Co.—
"$%

the

pressure

by ;fche

time

upon

into

9,

O'Brien

from

sold

Director.—V.

a

6-10

6-15

75c

(quar.)

as

Common

6-20

$$1.20

preferred A

$20,000

under

Bullington-Schas &

Tennessee

used

its

without

EARNINGS

G.

personally

$1.10

at

were

Sinclair

F.

tinue

6-16

15c

Western Life Insurance Co., common

5%

registered

main

in

power

able

shares of common

of

proceeds were loaned to

H.

.

6-|l

1

25c

(s-a)

Common

the company sold

not

Commission

of

Aiken, S.

will install

—V. 171.

5-25

25c

(s-a)

Co.

6-15

16c

Ry

(quar,).

"Western Department Stores

series
^

1949,

were

and

of

to be

customers,

high

new

Net

Sinclair Oil Corp.—Chairman Retires—

9-

$1.50

Virginia Pulp & Paper Co.———_

Western

Co.

natural

now

Net

stock

part

from

at

In

the

their class A stock

Edward

directors

Eugene J. Nord
171, p. 1997.

6-16

(quar.)

Ltd.

which

approximate

Power

its

project,

Gross

6-16

.

Gas

series

debentures,

5%

V/' -J''

&

at

demands

the company.
1949,

3,

and

shares

40,000

V.

6-17

7-

*

Ohio

1

$1.37 y2

Extra

Westeel Products,

7-

25c

1

Company

subordinated

*

Southern Ry.—Bids Invited for Bonds—

paid

the

on

determined

per

$257,000.

company

officers

20,000

5-15

-

the

Beginning

11,800

(quar.)

Sugar Corp.

working

the

Southern Pacific Co.—Earnings—

share

a

as

285,000

proceeds expended by

7*

5-10

6-12

$1

(quar.),.

Mills

of

residents

Federal

industrial

tax.

FINANCING—Under

offering of

an

6-10

6-10

40c

(auar.)

Northern

&

Co.

to

par),

expand

creased

a

stockholders of record, provided that the class A
have the option at any time within 30 days from

6-

3

6-20

37y2c

Power Co, $6 pfd.

for

of

Southern Natural Gas Co.—To Expand System—
The

at

a

made

Ltd.—

(quar.)

Taylor

1,

(no

The proceeds are

6- 9

days' notice to

both

(quar.)

Pictures, Inc.

and

$171,500

share).

tax.

income

date of any call to concert
share-for-share basis.

on

by

(quar.)

$328,500

and

outstanding

7%.

tax

a
pro rata basis
directors, at $1.10

on

of

RECENT

*25c

com.

were

171, p. 2102.

May

stock

6- 1

6-26

this, dividend.

for

equally by both the class A stock
stock Is callable either in whole or

stockholders
\

5-17

*25c

...—

Ltd

Company,

$500 and $1,000 each.

loans

6* 5

7-10

10c

—

preferred

$100,

bank

Southern Fire <£? Casualty Co.—Stock Offered—

SEC

in

or

board
of

and

over

shared

7-17

8-

3^c

Ltd.—

there

1950,

debentures

Strader,
on

(Continued from page 16)

9

40c

V

Warehouse & Terminal Corp.—,,,—:

6%

Income

dividends which

Any

5-31

*60c

Warner Brothers

/-

Act.—V.

The

General Corporation ami
Investment News

;

5-31

6-23

——

Gooderham & Worts,

convertible

5y2%

6%

6- 1
6- 1
6- 1
5-26

—

closed

Jamaica

of

reduce

to

From Jan. 1—

5-31

7-

37&C

Corp

used

May 8 and June 30,

"D"

Net

6%

Wico

Between

Net

6-14

6-20

31,

debentures

Net

Disney Productions—

Ward

4%

March

series

(Del.) —

resident

5-31

1

denominations

be

6-22

6-15

6-20.

Common

5%

British

1

$1.08

Walgreen Company, common (quar.)—,
4%
preferred (quar.)——

West

6-15
6-15
6-15
7- 3

.

the

Wagner Electric

West

Less 30%

6-20

6-15

in

are

will

April—

6-16

3

$1.25

;

Waite Amulet Mines,

Walt

5

7-

62(&c

—

(quar.)—

(Hiram)

Less

x

1

7-

30c

w

.

Co., common—

Cotton

15%;

Debentures Offered—

—

The company on May 29 invited bids for the purchase of $10,000,000

WJR, The Goodwill Station, Inc.—

Walker

12-

12-11

$1.50

(quar.),,

common

Visking Corporation

Wabasso

At

6- 1

1

30c

(quar.),

common

(initial)

preferred

proceeds

1

25c

— -——

(initial)—

(quar.),,—

Vulcan Detinning

tax

a

.

r

9-

t5c

preferred (quar.)

7%

0-

*20c

,

Virginia Electric & Power,
$5

6-

9-11

$1.25

Virginia-Carolina Chemical Corp.—
6% participating preferred (accum.)_.
$4.04

6-10

6-10

$1.25

.

—

Ltd

com.

new

Virginian Railway,

The

6- 9

t50c

(quar.)

Co.,

6-29

$1.25

——

—_—

Pump

resident

6-10

6-20

The debentures

Gross

(increased)-—

Chemical

6-15

0-30

10c

Manufacturing

Viking

6

5C

(Ga.)

capital.

5-3

tPayabie in U. 8. Funds, less 15% Canadian non-raaldsntr tax.
tPayable In Canadian funds, tax deductible at the source,

5-31
6-

1

20C

Inc.

Company

Ventures, Ltd.
Viau,

6-15
7-

..45C

,

6- 8
6- 8

6-20

(irreg.)

Corp.

to

in May publicly offered $58,500 of sub¬
debentures, series "E," due Oct 1, 1969, at
plus accrued interest.

The

6-23

6-30

;

25c

(increased quar.)

Light Co.

Heating Corp., common
preferred (quar.)
preferred (quar.)
preferred
(quar.)

6%

6%

15C

—„—

(increased),
Value Line Fund (The)
(initial)—,—
Van de Kamp's Holland Dutch Bakers,
Van Norman

Products

admitted

was

company

par

1

6-8

——;

•Transfer books not

(quar,)

preferred

—

Youngstown Sheet 8c Tube (quar.)
Youngstown Steel Car Corp. (quar.)
Youngstown Steel Dcor Co. (quar.),

Utah-Idaho Sugar Co.—
60c

6-15
6-12
5-31

6-

$1.12(4
$1.12(4
$1.25
$4c

Ltd.—

Manufacturing

5-31

15C

7- 1
6-30
6-30
6-28
6-28

a3%

———

Extra

5-29

$2

(quar.)

(quar.)

stock

Exchange on May 26.
Application
24.—V. 171, p. 1395.
;
\

April

ordinated 5%

6-1

;

40c

Knitting Mills, Ltd.. class A
Young (L. A.) Spring & Wire

6-30

1

6-15

7-1

(increased)

Towne

Corp.—Listing—

common

6-10

6-30

5%

$1.25
12Vic
$25c
50c
$1.25

prior pfd. (quar.)„—
conv.
prior pfd. (quar.)—

&

Monday, June 5, 1950

.

Ltd.—

York

6-28

6-15
6-20
' 7- 1

10c

Monthly
Wyatt Metal & Boiler Works
~

,

—

Co.,

&

(William), Jr., Co.
Monthly

5

6-15

30c

W.)

Southern Discount Co.
The

"E"

—

Wrigley

5

6-15

60c

fl5c

pfd.

6-

43%c

(quar.)————

(F.

Stock
made

was

"D,7 due Oct. 1, 1965,

(quar.)

(quar.)

value

par

Angeles

6- 8

common

Wright Aeronautical Corp.
Wright-Hargreaves Mines,

5

non-cum,

Co.

Co.

I

Lothrop,

preferred

Common

6-15

(quar.)

Universal Products

6-15

6-10

(Del.)

Upressit Metal Cap, 8%

Upson-Walton

11-30*

$2

Universal Laboratories

preferred

&

Ltd..

Co..

Los

securities

5-31
5-31
6- 1
6-10

(stock dividend)

com.

the

6-15

—

Steel Co..

these

list

6-20

6%
pref. (s-a)
Worthington Pump & Machinery Corp.—

5-15

Ltd

$4

12-20

(quar.)—

Inc.

$4.20

8-31*

7-

(quar.)

Manufacturing

Woodward

6-31*

6-10

—

Corp.__

Dessauer

(Alan)

on

to

20c

(quar.)

preferred (quar.)
Woodley Petroleum Co. (quar.)

6-20

62%c

—

Service

listing

$2

$1.12Mi
$1.20
25c
25c

>—

pfd.

corporation's

7-31

5%

9-20

6-

(quar.)

7-14

.

Southern California Petroleum
This

$1.50

.

—

15c

8c

414%

common

Corp.,

Company

Oil

Wood

75c

common

Lines,

Wiser

Wolf

5-26

75c

preferred

United

5y2 %

8

common—

pfd.

Co.,

non-cum.

Public

Co.

(quar.)—

Corp.,

Truck

8

6-

(quar.)

Extra

8

6-

35c

Company,

non-cum.

7%

6-

1

(s-a)

5-25
6-15
5-15
5-15

6-10
7- 1
6-30
6-30

1

5654c
175c
$$2.50

;

(increased)

com.

Hydro Electric Co.

Woolworth

Company

preferred A

Steel

1

preferred

20c

—i

(quar.)

Wisconsin Power & Light, 4(6%
4.80%
preierred
(quar.)
;

9

77-

75c

—-

Rubber

U. 8.

7 V";

75c

—
.

Printing & Lithograph

8.

6-

6-30

60c

A

Wisconsin

Foundry

&

U. 8. Potash

8%

6-

6-15

$1

Quarterly

5%

6-19*

$2

Quarterly

"0. 8.

6-19*

1

22%c

■Quarterly

U. 8,

6

7-

50c

(quar.)__

com.

(s-a)
(irreg.)

Playing Card Co.

U. 8.

7-

$1.75

(New Jersey)

preferred

Lumber

U. 8.

6-19**

$1

(quar.)

Lines Co.

4% %

6

$1

—

preferred

Wisconsin

6-26

7-14
7-

25c

(quar.).

(quar.)

Gypsum Company, common

U. 8.

9

20c

-

<N.

6-

6-30

(quar.)

(initial)

common

5% non-cumulative preferred
Wisconsin Electric Power Co.

$1.75

—

$4.25 preferred
Company—

Grocery

5-23

,

50c

—

—

Company

3

20c

■—
—

Company,
Lovett

UOc
$1.0654

(reduced)

6-23
6-1
6- 5
6-12

7- 1
7-3
6-19
7- I

t25c /,
Ltd.

Winnipeg Electric Co.,

6%

Extra

7%

New

1

$1.1256

(quar.)

—

C.),

5-23

3

7-

50c

B

Guarantee

U. 8.

7-

«

(Baltimore)

Co.

preferred (quar.)
Freight Co

8.

6-

6-22

riT

2%%

(quar.)

class A

U. 8.

7%

,

&

8c

4'/2%

—-

Fidelity & Guarantee

Class

J-

al7%%

(final)

registered

Ordinary

held

shares

two

Winn

Ltd.—

Molasses,

(J.

W'ilson

United Light & Railways Co. (stock dividend)I -'
One share
of Iowa
Power
8c Light
Co.

United

Ltd.

Wilson

basis.

annual

Holders

Payable of Rec.
6-10
5-31

Share
20c

Inc

Products,

When

Per

Name of Company

in September dividends will be
a quarterly instead of a semi¬

Beginning
paid on
United

Payable of Rec.

70c

United Gas Improvement Co. (Increased s-a)

■'

Holders

When

Per

Share

Name of Company

.

1

-

;

"

Southern California Gas Co.—Bids Invited—
The

company

Angeles 54,

at

its

office

at

Room

934,

810

Gross

So. -Flower

Calif., will receive bids up to 8:30 a.m. (PDT)
for the purchase from it of
$25,000,000 first mortgage 2%%
June 1, 1980.—V. 171, p. 1997.

on

St,

Los

June

7

bonds, due

from

Net

from

Net

ry.

railway

railway

oper.

—V. 171,

income—

p. 1891.

Volume 171

Standard

..

The Commercial and Financial Chronicle

.

Dredging Corp.—Files With SEC—
notification

letter of

A

Number 4913

with

filed

was

the

SEC

Tennessee Gas Transmission Co.—Rights Issued-—

May

on

stock (par $lj to be sold at the marKet
(approximately $3.12Vi per share), the proceeds to go to North Ameri¬
can
Industries, Inc., of Chicago, the selling stockholders.
It is antici¬
pated that Straus & Blosser will be the principal broker through
which
the sale
will be effected by use of facilities of tne Midwest
33,000

shares

of

See

25 covering

Mathieson

Stock Exchange.—V.

sion and
This

D'Antoni

S.

has

been

application

to

acquire,

May

170,

would

Election

William

of

this company,

J.

coordinator of

Haley,

board

products
directors

of

activities in supplying
world markets, Esso Export also increased its
eight to nine.
Mr. Haley will also serve as

to

from

British End Gasoline
The

Government

British

rationing

imposed

first

Rationing—
announced

May 26

on

This

1939.

in

end of gasoline

the

surprise

decision

followed

this company to supply all additional gaso¬
line requirements of their British and United Kingdom affiliates for
100%
sterling
payments.
The sterling
received for the additional
supplies may be used to purchase goods and materials within the
acceptance of

offer by

an

outside the sterling area.
This company, whose British affiliate Anglo-American Oil Co., Ltd.,
supplies more than a quarter of Great Britain's gasoline requirements,

sterling

has

for use

area

made

proposals

numerous

reduce

to

by

latest

completion

plan is
the

of

American

at

intended

the

dollar

cost

Esso

new

England.
This huge plant,
the largest in Europe, will refine 110,000 barrels daily of petroleum
products from Middle East icrude oil.
It will also contribute sub¬
stantial dollar savings to the British economy.
Although work is going
forward
as
rapidly as possibly, the project is not expected to be
completed

to

May

on

company

made

been

with

confirmed

25

the

of

one

the

Three

Big

that

fact

and back cushion springs and tubular seat frames for
assembled in East and West Coast assembly plants.
site has been purchased from the Central Manufacturing

A

plant

date

set

at

Aug.

of

l

this

the

of

announced

Natural

project

and

is

for

to finance

proposes

would

parent,

use

its

share

Consolidated

proceeds

be

to

of

the

Natural

received

171,

sale

from

from
ry.

—V.

-Earnings

$4
in

full

of

The

at

Eastern

plant,

the

from

J., will afford

Roebling, N.

feet.

leased

John

A.

Roebling's

Setting up
the

about

late

the equipment

of

middle

September

The

Into

of

in

production

Los

.

added

that

production, it is estimated
will
be
increased
in
the

company

$1,250,000."—V.

171,

in

is

the

"when

these

plants

get

that

the monthly sales of this
neighborhood
of
$1,000,000
to

1788.

p.

$247,936

115,323

55,979

55,903

1,087,057

944,676

902,681

Route

419,653

347,114

Indianapolis

188,589

161,152

395,019
239,652

1947

Orleans—^Earnings1948

$9,065,050

$10,595,992

1,977,067
712,821

3,180,107

3,197,239
1,351,660

650,666

1,322,930

Net

ry.

1948

$278,845

88,

11,806,631

9,904

*56,514

*45,521

*53,704

12,292
*46,148

income—

oper.

1—

from

4,916,052

Net

from

Net

ry.

865,503
*26,895

171, p.

*20,657

21,726

*218,485

*237,316

of

less

service

/

Total
Prov.

other

Net

»,

Income

1947

1948

at

.'Includes

Operation—

1950—Month—1949
3,953,584

3,944,921

374,943

1,487,975

292,936

accruals

tax

426.738

Equip,
Jt.

rentals

V" 261,219

•1,234,811

(net

rentals

fac.

Dr)
Dr)

16,450

9,235

90,066

47,260

income

$567,714

$515,578

$2,391,997

$2,150,592

oper.

$1,736,-600

$1,414,010

345,083

834,506

693,011

$902,094

$720,999

1,300,582
$0.59

1,294,620
$0.31

1,294,820

1,294,820
$0.57

$0.70

$200,000 each

inventories.,

in

1948

reserves,

and

1947

etc.—V.

for

170,

Sunshine Mining Co.—Earnings—

—V.

share

170, p.

—V.

income

89,926

90,280

315,417

$657,640

Income
deductions

$605,858

$2,707,414

7,666

?

6,957

237,360

income

171, p.

Under

The

233.553

____

$412,614

________

Tellier & Co., on June 1
of

347,485

'

34,662

Transfer

$365,348

$1,723,449

$0.25

Corp.

Registrar

$0.17

of

(Del.)—Stock

Offered—

Transfer

Company,

15

net

Operating

$1,526,223

10

proceeds will be used for working capital.

April 30—

increased

to 5,000,000

issued and outstanding, 60,000
being owned by the officers and directors. It is engaged in the
business of developing, manufacturing and distributing various items
of equipment useful in the television, radar and electronic fields, and
has recently entered the high price quality home television set field.
?The corporation, under a permit from the City of New York, occupies
approximately 20,000 square feet in a building at 238 William 8t., New
York City. : •
'••• .; •
'*/
The corporation on May 19 filed a letter of notification with the
SEC covering the 1,120,000 shares of common stock now offered.—
share)

of

which

903,150

shares

are

shares

v.

of

revenues

income

Federal

Net

'

l

S1

«f

$290,000

stock.-

has

y

appointed

also 'been

f1

'->>!

"i

_

(& Subs.)—Earnings—
1950

taxes

Income

;1949

$339,154

$261,229

252,747

taxes

profit

198,744

—V.

$86,407

shares

Earnings

per

169,

outstanding
share____-__________-_______—

210.

p.

-

.

$62,465
167,594

167,594

$0.51

$0.37

'

.

United Brick & Tile

Co.~Exchange Offer—

American-Marietta Co. above.—V.

See

171,

p.

U. S. Air Conditioning Corp.—New Chairman—
E.

V.

Darr

A.

171,

succeeded H.

has

S.

Brown

as

Chairman

of

Board.—

the

699.

p.

Gordon

:

subsidiaries

-

1949

of

4,000.000

$2.20

interest, Federal
ferred dividends.—V. 171, p. 1465.

$2.09

and

taxes

subsidiaries'

share

by Cities

29,

May

through

resulted

in

the exercise

of

which

offering,

United
of
on

the

of

92%

common

to its

Subscribed—

stock of this company at
which terminated
stock

being

recent

6.4% convertible $25 par prefererd
class "C" preferred stock on a sharepreferred has equal rights and prefer¬
ences
with the present series "A".
The new "C" preferred, however,
is non-convertible and non-participating.

years.

series

Service Co.

will

The

Uniform

Securities

be

settled

Inc.,

distributed"
on

June

The

net proceeds derived from its sale
to the retirement of a $6,600,000 bank
July 1 of i26,400,000 of 3% debentures of

class

"B"

30,

redeemed

redeemable

is

After

retirement

redeemable

be

of

at $31 per share plus ace»the "B" preferred, the "C"

share plus accrud dividends.

at $35 per

preferred shares not exchanged will be redeemed on
The unexchanged $5 no par preferred stock will be
date at $100, plus $25 in dividend accumulations

present

Any
June

"C"

preferred

dividends.

would

"A"

new

a

class

next.

that

on

,

Practice

Dealers,

"when

all

apply the

Co.'s stock

the redemption on

Cities Service Co.-

The

account.

series

present

being offered

are

mulated

Cities

of

Holders

offering of 400,000 additional shares for its

loan and

Stock

.

about 300,000 shares, will be offered for sale at com¬
petitive bidding about the middle of June with the Toledo Edison Co.'s

of the Toledo Edison

Preferred

approved the creation of two new classes

for

for-share basis.

The remainder,

own

New

Corp.

1

corporation

preferred

stock

purchased

by more than 55,000 purchasers.
The
underwritten, was one of the largest utility

within

Sugar

is offering four shares of new $25 par 5% class*
each one share of present no par cumulative pre¬
ferred stock together with accrued dividends to June 30, 1950.

stockholders,
common

States

preferred stock which are being offered to present preferred holders*
an
exchange basis.

"B"

rights

not

was
issues

stock

common

shares of

Service Co.

than 50 years of service

The stockholders on June

pre¬

The

a

and Treasurer, will retire thte
with this company and onethe National Tube Co.—V. 171, p. 2103.

Vice-President

Edwards,
more

8,376,649

4,800.000

_______

depreciation,

The offering of 3,702,000

L.

after

predecessor companies,

its

$62,189,704 $55,842,026

10,578,215

7,

shall be regular way

v^yv

169, p. 808.

for

month

1950

income

After

on

As of May 25, 1950 its authorized capitalization
shares of common stock (par five cents per

share).

cents per

outstanding
common

and Treasurer,
171, p. 1892.

V'£»A'V:

before

Capital

(& Subs.)—Earnings—

shares outstanding——
Earnings per share—
;

$9

Corporation was organized in Delaware in November, 1948 with an
authorized capitalization of 1,000,000 shares of common stock
(par
was

of

/

12 Months Ended

Exchange

Place, Jersey City 2, N. J.
The

shares

company

Profit

$4.56

2202.

Net

.T

publicly offered 1,120,000 shares

and

President

the Board.—V.

Union Investment Co.

939,239

the exchange

shares

Toledo Edison Co.—Stock Offering 92%

agents,

presently

are

51,900

par)

32,615

':

949,303

1997.

Texas Utilities Co.

speculation."

a

of

$2,498,077

,

stock (par 5 cents) at 25 cents per share "as

common

and

1' '

(no

Prov.

Capital

Equipment

;

to

1949

1,488,821

■/'■■■

Television

Offered—Coffin, Betz & Cot

has applied to the Missouri P. S. Commission for
issue and sell 350,000 additional shares of its common
to the North American Co., its parent, for $5,000,000.
The proceeds will be used for its 1950 construction program which,
it is estimated, will amount to about $37,500,000.—V. 171, p,, 1466.
f

offer which expired on May 17, a total of 117,preferred
stock
were
issued
in
exchange for
outstanding 7%
and $6 preferred stock on a share-for-share basis
plus dividend and cash adjustments.
(See V. 171, p. 1892)—V. 171,
926

$259,198
1,488,821

—_—_.

12.

to

come

United States Steel Corp.—Official to Retire—
$368,592

charges and taxes
Number of capital shares outstanding
per

what has

over

2202.

p.

Quarter Ended March 31—

p.

1950

after

Earnings

bonds

Waller,

stock

Texas Power & Light Co.—Preferred Stock Sold—The

Quarter Ended March 31—
income

inaugurated

Union Electric Co. of Missouri—To Sell Stock to Parent

underwriting group headed jointly by Kidder, Peabody
& Co., Merrill Lynch, Pierce, Fenner & Beane and Union
Securities Corp. on May 22 offered publicly the balance
of 15,860 shares of $4.56 preferred stock not issued under
an
exchange offer, plus 420 company-held shares, at
$112.75 per share. The offering was completed on May

$749,375

B.

authority

ry.

Drl92,031

1844.

Net

was

Route.—V. 171,

share.

5%

i

1,466,348
906,476

(net

$1,606,041

to

by order dated Aug. 9, 1949, approved
Certificate of Convenience and Neces¬
for the operation of feeder Route No.:

Corp.—Stock

per

Chairman of

16,868,866

34,584

and

service

1949,

"

15,638,967

$1,702,016

1950

12,

$12.25

C.

$5,157,691 $20,843,816 $21,439,542

$5,205,627

60,534

relating

Inc.

Unexcelled Chemical Corp.—Waller Elected Chairman

1950—4 Mos.—1949

$688,841

$404,292

in

Airlines,

184,520

568,752

$150,000

temporary

CAPITALIZATION—There

•

p.

Nov.

convertible

203,900

$762,676

year-end^adjustments

Committee

of

District No.

contracts

in

the

13,

the

on

National

May

29

stock

Association

announced

plus $8.09

1950.
All contracts on and after June 5,
unless otherwise specified.—V. 171, p. 2103.

With

shall

1950,

(par

series "A" prefeired stock
dividend accumulations.

Unexchanged

of

that

$5)

common

in

the

creation

of

the

two

will

series

new

be
of

redeemed
preferred

at

$27.5$

stock,

the

corporation plans to set up a sinking fund reserve to redeem or pur¬
chase after July
1, 1955, all outstanding class "B" and class "C*
preferred shares.

Tennessee Central

Ry.—Earnings—
1950

April— v
Gross

from

Net

ry.

Toledo, Peoria

1949

1948

1947

$361,269

$356,071

55,381

37,848

Net

from

270

•2,011

Net

ry.

$395,712

$369325

railway———

113,537

66,236

Income—

51,104

22,175

1,516.602

1,543,540

1,466,935

406.899

297,661

105,931

1,414,843
158,287

87,350

•170,001

*28,561

from

Net

railway

oper.

y

from

Net

from

Net

ry.

railway.
railway.^

oper.

i

income—

•Deficit.—V,

&

April—
Gross

As

Western RR.—Earnings—

of

1947

1950

from

1948

$408,504

$397,694
123,095

$345,420

145,047

railway

1949

55,361

•48,979

54,952

41,809

1,652,663
636,923

1,561,197

1,371.821

560,975

504,599

189.918
*64,450

270,642

250,399

227,771

127,196

railway

oper.

income—

118,606

171,

p.

175,637

1892.




'

Gross

railway
Net from railway—
Net ry. oper. income—

i.

171,

p.

1892.

no

168,

had outstanding 21,450 shares*
shares of series "A" preferred

1949, the corporation

30,

par

preferred
p. 1946.

and

117,023

$63,345
*26,433

Utah Fuel Co.—Sale of Control Upheld—
The

from

•Deficit.—V.

of June

$5

stock.—V.

From Jan. 1—

From Jan. 1—

Gross

i

Roscoe

impurities from exhaust gases

114,748

18,169,271

taxes—

outstdg_
share

to

BUSINESS—Corporation was founded in
1945
to
exploit uses
high-intensity sound for industrial purposes, principally removal

-

expenses

Miscell.

__

per

:7245,114

15,431,189
205,347

$1,331,428

shares

Earnings

171,237
78,032

±

revenues

Total

and

profit

Capital

441,290

26,741

-

the

Turner

thereof

one-quarter

June 1 publicly offered 5,000 shares of common stock

on

,

.

$1,304,687

oper

>

34,124

13,804,856
212,458

(net)----.

Federal

1

Operat ng

Other

1949

14,041,929

income..

for

34,394

.

Operating

Net

;■%

from

Jan. 1—

F.xed charges

Depreciation
Profit

75,381

275,364

__

Texas & Pacific Ry.—Results from

Subs.)—Earnings—

1950

expenses

Other income

$119,787

67,222

$15,550,516 $14,706,155 $17,338,552 $19,959,832

etc
•Costs, admin., sales and

of

and

Corp.

Aeronautics Board

Ultrasonic

$94,176

171, p. 1892.

Net

al-

returns,

On

1949

1950

,

:
_________

'

lowances,>

Inc.

Ry.—Earnings—

♦189,269

1891.

3 Mos. End. Mar. 31—

*

1,185,707

*216,629

income

Stewart-Warner Corp. (&
Sales,

955,448

1,068,658
44,623

railway

oper.

•Deficit.—V.

Service,

Transport

control

1892.

Period End. Apr. 30—

Ry.

railway

'

thereof

4,972,221

railway
from railway...
ry. oper. income

Net

at-

reissued the certificate
to
Turner, subject to acceptance
by the new corporation and to the elimination of common,
by R. Paul Weesner, Roscoe P. Weesner and John V. Weesner
Nationwide Air Transport Service, Inc. and of Turner Airlines, Inc.

36,670,577

12,310,845

from

Gross

of

and

42,391,615

8,827,114

railway
railway..
oper. income

From

/

$265,485

2,433

-

to

3,192,597

from
ry.

materials,
for the
activation
cooperative workingarrangements

new

property so to be transferred in the com¬
value stock of the new corporation, three-quarters of the
in exchange for such property to be issued to Nation¬

Aeronautical

38,694,996

from

Net

1947

$239,247

*9,612

railway——

railway

From Jan.
Gross

'1949

1950

from

from

aircraft

certain

the

Ry.—Earnings—

$211,145

April—
Net

organized in Delaware in June of 194$,
between Roscoe Turner Aeronautical Can*

payment for the

par

transfer

3,151,674

oper.
p.

for

between

Civil

The
the

38,052,248
9,234,453

railway
railway
income...

to defray cost

(3)

issued

Air

sity

April—'
Gross

—V.

Gross

no

Turner

$9,356,745

2,043,373

aircraft;

was

and

and

88

receive

wide

1947

$9,138,165

DC-3

working capital.

Transport

equipment,

No.

amount

1949

Air

on

to

corporation and Roscoe Turner Aero¬
nautical Corp.
Under the terms of the agreement, Roscoe Turner
Aeronautical Corp, and Nationwide Air Transport Service, Inc., wcro

1892.

1950

(4)

the

224,211

Texas & Northern

Net

Staten Island Rapid Transit

to

111,996

income

and

be called The Lake Central

Coast plant

East

planned to start about
is planned to start in

plant

Inc.—Change in Name

provided

504,976

from

from

Net

Angeles

October.

further

announcement

full

the

early

or

will commence

and

June,

Production

1.

deemed

now

to apply the net proceeds (1) to discharge
three Bcechcraft Bonanzas;

mortgage

agreement

an

$259,005

_

•

Sept.

to

58,271

"

171,

not

Service, Inc., which was entered int«»
approval of the Civil Aeronautics Board.
This agree ¬
for
the
transfer
to
Turner
Airlines, Inc.,
of th»
temporary Certificate of Convenience and Necessity for Route No.
awarded
to
Roscoe
Turner
Aeronautical
Corp. by the Civil Aero-'
nautics Board in the Great Lakes Area Case, for the transfer to thenew corporation by Nationwide Air Transport Service,
Inc., of aircraft,
ment

1948 '

From Jan. 1—

manufacturing area of 150,000 square

a

overhaul;

Nationwide

subject

—

Co.

Sons

is

purpose."—V. 170, p. 184S*.

mortgages on

money

chattel

a

BUSINESS—Corporation

aircraft

railway

railway
railway..
oper. income

ry.

it

but

(Del.), Indianapolis, Ind.—Stock

is planned

purchase

aircraft

"

:

the

to retire

(2)

1,105,731

from

Net

business,

share.

per

PROCEEDS—It

$283,698
131,072

from

Net

finance

Turner Airlines, Inc.

to

ry.

:

Offered—The company on May 22 publicly offered 60>—
000 shares of common capital stock (no par
value) at

mon

Net

an-v

By the filing of an amendment on May 17, 1950, to the certificate
incorporation of this corporation, the name of the company wa&
changed to Trans World Airlines, Inc.—V. 171, p. 1789.

$298,224
137,400
64,130

"

railway

171, p.

Gross

installment

•1949

income

oper.

Net

firms

the

of

pursuant

Ry.

railway
railway—

oper.

Net

insurance

1949,

policy holder surplus of $5,617,000.

a

Transcontinental & Western Air,

Co.,

From Jan. 1—

Gross

of

end

said
that Commercial Credit had purchased
the twe»
some years ago "for the purpose of anticipating the possi¬
requiring companies of this character in connection with the

automobile

2103.

p.

from

from
ry.

Manufac¬

insurance

Chairman of the Commercial Credit Co., confirmed the
The transaction was handled through the investment bank¬

1950

Net

the

at

necessary to retain these companies for such

an

Texaft Mexican

Net

$20,000,000

two

Electric

April—
Gross

and

about

The

Co.

Duncan

bility of

project

the

of

assets

Credit

companies

Texas

Gas

from

Commercial

ing firm of Robert Garrett & Sons of Baltimore.

on

$38,752,769,

$18,366,892

the

said,

above sale.

and

—V.

year.

cost

State

its

tc

Eastern

dends.—V.

cars

District, Inc., in Los Angeles, Calif., and construction of a new plant
of approximately 110,000 square feet is under way, with a completion

proposing jointly
storage facilities for

May 31 announced purchase of the
Co. of Philadelphia and its fire

on

Insurance

E. Duncan,

A.

Commission

was

admitted

nouncement

have filed

Service Co.—Unexchanged Stock Of¬
exchange offer by this company to hold¬
ers of its $6 preferred
stock, 60,086 shares were exchanged
for new $4.56 preferred stock on a share-for-share basis
plus
dividend adjustments.
An
underwriting group
headed jointly by Kidder, Peabody & Co. and Merrill
Lynch, Pierce, Fenner & Beane on May 31 reoffered the
balance of 4,914 shares of new preferred plus
2,387 com¬
pany-held shares at $112.75 per share plus accrued divi¬

Gross

arrangements

automobile manufacturers

Corp.

mortgage bonds and other securities.—V. 171^ p. 2102.

supply seat

passenger

York

April—

Standard Steel Spring: Co.—Expansion, Etc.—
This

have

Power

capital

Natural

Texas & New
i

Gas

Natural

Natural.

State

securities

Texas

to

gasoline

Federal

State

and

for New

State

Texas

Net

il

»

refinery goes Into operation, it will produce enough
supply Ango-Amencan's requirements without re¬
from dollar sources.—V. 171, p. 1891.

new

gasoline

on

Southampton,

near

1952.

before

the

After

<

sterling

lying

Fowley,

the

combined

fered—Under

their

of

to cover the period between now and
refinery under construction by Anglo-

York

properties, located within the Oakford Storage Area,
acquired from The Peoples Natural Gas Co., an affiliate of

York

first

supplies.
This

had

New

corporation

Casualty
subsidiary from

The

issuing

while
of

director.-

additional

the

This

Mr.

be

New

the refining operations

President of Esso Export Corp., was announced on

as

pending his retirement in the near future.
Because of
the growing importance of its
petroleum

Transamerica Corp.—Acquisition—
2102.

p.

Corp.—Proposed Expan¬

operate underground
Westmoreland County,
Pa.; It

in

gas

York

New

He succeeds Frank M. Balling who will remain as a Director

31.

and

develop

overall

Eastern.

May

171,

turers

Transmission

with

$20,385,877

or

987,

p.

(N. J.)—New President of Unit—

Standard Oil Co.

of

above.—V.

Corp.

22.

Total

President and Salvador D'Antoni

appointed

the Boards—V.

Chairman of

Chemical

Financing—

corporation

natural

B.

Eastern

an

164, p. 1259.

Standard Fruit & Steamship Corp.—New Officials—
as

Hydrocarbon

common

Texas

57

(2349)

.

Appellate

New York State Supreme Court on
ruling of Supreme Court Justice "F. J.
of this company's stoek by «»•
Grande Western Ry. Co. consolidated mortgage

Division

of

the

May 24 unanimously upheld the
Pecora

trustee

of

the

on

bonds.

the

See

sale
old

also

of

Rio

V.

100,000

171,

p.

shares

1789.

,

58

The Commercial and Financial Chronicle

(2350)

Utah Power & Light

Westchester Lighting

Co.—Rights to Stockholders—

in September expects to offer subscription rights for
166,604 additional common shares to common stockholders on the basis
of

See Consolidated Edison Co. of New York, Inc. above.—V. 171, p.

company

proceeds, together with proceeds from the sale of $10,000,000
mortgage bonds during the first half of October will be used to
short-term loans and for carrying forward the expansion pro¬
into

gram

1951.—V.

171.

1998.

p.

Western Ry. of

Gross
Net

A. C.

from

Net

ry.

railway.-..

$2,976,290

$3,375,920

$1,936,473

$2,392,466

1,273,952

1,252,132

260,220

708,727

income...

913,534

802,998

137,269

417,961

railway
railway——

8,906,182

12,267,781

railway..—
Net from railway
Net ry. oper. income

from

4,260,418

Net

ry.

—V.

income...

2,108,186

2,756,036

1,639,930

2,930,709

The

from
ry.

—V.

company

3,100

May

on

shares

filed

5

be

letter of

a

stock

capital

of

for

used

to

notification
offered

be

with

the

par

($10

at

working capital.

No

corporation

covering

offered

at

i$l

demonstrating

filed

17

shares

of

letter

a

notification

of

non-assts.able

common

with

stock

units,

be

•■f---•

Wabash

RR.

ry.

Gross

$7,963,901

1,756,997

income...

625,778

railway....
railway—
income...

oper.

from

Net

ry.

1948

$7,288,758

directors
for

oper.

ry.

From

one

Net

ry.

$2,510,115

8,289,898

8,820,069
1,650,849

528,291

564,824

4,959,433

9,196,042

of

1,509,807

3,854,265

4,099,024

Wisconsin Gas

set

totaling

that

later

bonds,

day

for

due

Issue

Natural

Wisconsin

1975.

& Electric

will

parent

an

Wisconsin

receive

of

bids

$15,000,000
will

Gas Co.

Natural

until
bids

was

record

share of preferred stock for each 20
stock held.
The rights to subscribe,

by

from

the

the

offering,
to

company

together

finance

with

substantial

facilities required to meet a continuing growth
its customers and increasing demands for
gas service.

BUSINESS—The

company has been
subsidiaries
of

natural

are

gas

in

the

engaged

in, the

business for

gas

in

the

District

of

Gas
to

a.m.,

due

19uU.

,for.$^,500,000

formerly

known

as

Co.

over

purchase,
Columbia

dis¬

properties
Electric

&

has
received SEC
authorization
to
purchase
the
of Wisconsin Natural Gas Co. (formerly Wisconsin
and

Co.),

to

finance the acquisition

Hutzler

and

issue

sell

bonds

and

and to finance part of its

$10,523,583

pay
former's

$350,000

the

that
as

stock

common

1950 construction

Gas

will

price

normal

of

between

be

construction

Feb.

financing

snaies

of

latter.

tne

It

is

increased

28,

first

common

on

record

date,

ceived.

The

It
the

is

to

basis

financing
acquire

See

also

p.

is

not

available

S.

be

for

five

for

the

the

shares

jMd

the

on

haw^been

bonds

re¬

underwritten.

1%

$14,500,000

of

the

construtcion.

jj^oceeds

of

May 18 authorized th~££'company
the Wisconsin Gas & jjlfectric Co.

2142.

See Wisconsin

Power

above.—V.

Net

sales

Profit

Inc.—Earnings—

Federal
Net

1950

income

income

income

taxes

8,000

—v..170,

per

$0.03

from

Net

ry.

$0.11

450,079

.

1949

1947

$3,674,703
979,056

319,978

373,121

415,904

income..

Net

—V.

ry.

railway...
railway.—i

oper.

171,

p.

income..

shares

of

_

525,268

63,585

93,768

13,101,066
3,071,591

12,786,070

11,621,785
1,597,031

1,465,342

845,056

12,446,653
2,200,345
1,024,618

-

1,987,862

1930.




of

the

to

notes

the

net

$2,956,230

$2,893,443

442,257

bonds

as

2%s

stock

held.

interest

by

4

offerings have been

Subscription

p.m.

(CST)

on

by

shares

of

agreed
stock

to

not

purchase

subscribed

&

from
for

Smith,
Co., Incorporated

the

company

any

by warrant holders

employees.

STOCK

UNDERWRITERS—Set

Underwriters of
scribed

stock

the

agreed

common

to

be

forth

stock

;

Stuart

&

Co..

101.3838;

and
t

requiring the

retire at least

to

company

prepay

made

and

of

to

the

applied approximately as follows:
principal amount of outstanding short

representing
the remainder

the

cost

no

to

the

assurance

will

be

to

pay

from

for

reimburse

the

and

and

accepted

sale

of

bid

and

the

improve¬

properties

gas

satisfactory

a

and

the

borrowings

or

extensions

electric

that

received

proceeds

temporary

additions,

of

made

is

bonds

that

assurance

the
be

There

company.

be

banks,
and

for

D,

will

equal

an

to

purposes,

part,

from the sale of the $8,000,000 of
due June 1, 1980, and the 320,231

proceeds

series

of
the

for

therefore

bonds

will

be

realized by the company.

CONSTRUCTION

expend

PROGRAM—The

company

estimates

that

apnroximately $9,300,000 in the last nine months
in 1951, $4,000,000 in 1952 and $4,000,000 in 1953

of

will

it

of

$8,500,000

1950,

(a

total

$25,800,000)

electric

the

for
additions, extensions and improvements to its
properties.
It is estimated that about $22,000,000
required for this construction program will be provided

and

gas

funds

approximately

as

follows:

$9,000,000

from

the

proceeds

of

sale

of

the securities to be issued, above referred to, and $8,500,000
through
depreciation and amortization provisions, and $4,500,000 from retained
earnings, during the period. The company further estimates that the
be

i

(about

provided,
or

other

$3,800,000) of the funds required for this program
when needed, probably in 1951, through bank bor¬
financing, the nature of which has not been deter¬

GIVING

EFFECT

TO

PRESENT

FINANCING

and

purchased

below

the

by

are

the

names

of

1, 1971

*

Outstanding
$30,000,000

Series B, 3Vo%, due Jan. 1, 1978
Series C, 3!/8%, due Sept. 1, 1978

3.000,000

5,000,000

Series D,

t2%
PId.

27/8%, due June 1, 1980
serial notes, unsecured
stock, cumulative (par $100)

41/2%

preferred
preferred

stock

Common

stock

''Bonds may

tion

to

as

$20,000,000

April

1,

30,000 shs.

2,150,000 shs.

1,921,388 shs.

be issued under the indenture, in series, without limita¬
to the terms of the indenture.
Bonds

and

after

are

limited

to

$40,000,000.

$15,000,000,

$15,000,000, respectively.
semi-annually to April 1,

$196,304

and

100,000 shs.

$10)

amount, subject
A,
B,
C
and
D

series

tDue

(par

1,217,087

200,000 shs.

stock

4.80%

3.000,000

$1,217,087

payment

prior

to

March

1952, and $431,869 Oct. 1,
31, 1950, of installment due

1950.

a

of investment bankers headed jointly by
has

I.

First

Authorized

underwritten

Barney & Co. and Robert W. Baird
which

were:

amount of bonds outstanding between
of such year.
The bonds are redeemable
provision at prices decreasing from 102.32%

stock

payable

in

company,

above.

common

their

record

3.12

end

bonds,

common

construction

1952

per share:

1

and

mortgage

term

of

The

Co.—

&

by Salomon Bros; &
offered $8,000,000 of first

principal

greatest

1950,

PURPOSE—The
first

shares

(CST) on June 12, 1950.
remaining unsubscribed for by holders of sub¬
scription warrants will be offered by the company to its
employees at $16.75 a share.
Employees will be re¬
to

.63

•

the

for

mortgage bends—
Series A, 3J/4%, due Aug.

Shares

12.

Weld

.63

.___

Co

Other members of the underwriting group are Schoellkopf, Hutton &
Pomeroy, Inc.; Stroud & Co., Inc., and Colley & Co.

warrants will expire at 4 p.m.

or

from

from

five

&

First

May 24, 1950, rights to subscribe for 320,231 additional shares of common stock
(par $10) at
$16.75 per share on the basis of one additional share for

each

Thorsen

mined.

of record

group
1948

$3,476,526
865,009

_

From Jan. 1—

Gross
Net

Co.

Harris,

171, p. 2038.

Wisconsin Power & Light Co.—Stock
Offering Under¬
written—The company is offering its common stockhold¬

June

Co.—Earnings1950

railway...

railway

oper.

Power

1.56

&

and for general redemption purposes at prices decreasing irom
105.34%,
plus accrued interest.

quired

share

Western Pacific RR.

Net

$47,668

48.

p.

AprilGross from

29,000

$13,129
450,079

___________

Number of capital shares
outstanding

Earnings

$1,559,626
76,668

21,129

taxes

_

1949

$1,527,665

___

before

See Wisconsin Electric

G.

Meulen

While,

Wisconsin Natural Gas Co.—Bids Invited—

ers

Quarter Ended March 31—

the

CAPITALIZATION

CAPITALIZATION—Upon completion of the financing the com¬
pany and subsidiaries will have outstanding $28,334,500
long-term debt;
70,600 shares of $4.25 cumulative preferred
stock, without par value;
60,000 shares of $4.50 cumulative convertible
preferred stock, without
par
value, and 612,000 shares of common stock, without par value.
—V. 171, p. 2202.

.63

Co

.78

publicly

the debt retirement

rowings

Co.—Change in Name-r-

Co.

&

Fairman

Adoiph
Ver

Corp., 101.403; Halsey,
Securities Corp., 101.15.

remainder

Electric

Sills,

Boston Corp.,
Forgan & Co., 101.55991; Smith, Barney & Co., 101.42;
& Co. and Kidder, Peabody
Co. (jointly), 101.4199;

Weld

31,

will

Wisconsin Gas & Electric

Shields

Securities

of

May
under

of

on

properties of

Riley & Company

.63

debt retirement provision

a

no

each

bids

to

Commission

electric

171,

for

approximately

be

P.

share

after the

stock

that

will

the

V.

one

applied

be

common

expected

of

2

received

Glore,

purchase

1950,

proposal

The Wisconsin
to

of

mortgage

the

3.12

_______

101.8817%,

bids

ments

9,

of Wisconsin Electric Includes (1) $15 000,bonds, due
1980, to be offered fot sale at
competitive bidding, and (2) 585,405 shares of its $10 p#F common
stock,
to
be
offered
for
subscription
by
holders
of
outstanding
of

000

.63

Jackson

bonds,

of

by approximately
operating, activities

and

Co

During 1954 and each year thereafter the bonds will have the benefit

edjoining territories in Maryland and i-Virginia.

Webster Tobacco Co.,

bid
Other

June

and

1950,
anticipated closing date, to be paid in cash.
The

Wisconsin Electric

and surrender 150 000
$3,342,361 cost to the

Its

at

purchase

result

a

Wisconsin

cash

in

stock

common

estimated
of

the Wisconsin Gas properties,

&

Webber,

1.56
Co.

June

on

mortgage

$4,000,000

As consideration for
will

100

and

company

program.

other

additions

and replacements of

years.
It
and
its
tribution
and sale

The
electric

O'Gara

Curtis

Offered—A group headed

Bonds

Equitable

10:30

bonds

of

open

Gas

&

.63
.63

Union

Wisconsin Natural Gas"*U&., have
sa e
of new first mortg-g"> bonds

for

date

The

$18,500,000.
on

hour

An

the

Paine,

.78

a

Wisconsin Electric Power Co.—Bids Invited—-subsidiary,

Alfred

.78

1.56
6.87

101.65;

its

7.80

Mullaney, Wells & Co.

Gernon_.__.__

&

.63

Inc.__

Co—

6.87

.

&

1.56

Jaeckels,

1.56

—

1,121,145

171, p. 2202.

company and
down June 5 as

&

Milwaukee

The

•

Co

2,170,113

953,162

This

McKee

.78

Co

series D, 2%%, due June 1, 1980, at
102.336%, plus accrued interest. The underwriting group
was awarded the issue at competitive sale on June 1 on

2,150,740

income—

&

Marshall

8,243,620

9,364,694

1,647,126

oper.

.

p. Denison Co

$2,234,626

1—

railway.—

railway-

2,470,190

proceeds

used

in the number of

739,878

447,841

Jan.

3.12

The

1947

1948

754,988

from

Net

1949

490,369

from

Gross

1.56

Loewi

1.56 ;

*

Simmons..

Dalton

1.56

Company

3.12
F.

.78

Co,

&

Kebbon, McCormick & Co.

Co.

&
Co

Clark, Dodge & Co
Gardner

Co.,
.78

Harrison

.78

Farwell, Chapman & Co..
The First Boston Corp.—

169,824

7,040,633

Johnston, Lemon & Co. in the underwriting are
Sons; Auchincloss, Parker & Redpath; Folger, Nolan
Goodwyn & Olds; Mackall & Coe; Ferris & Company;
Lukens, and Robert C. Jones & Co.

PURPOSE—Net
to

&

.63 T
6.87

.78
—_

Monroe and Co...
Republic Co.

Dayton

432,346

30,903,991

&

be

Ellis

.63%

Co.—

;;

H.

Illinois

The

3.12

Inc..

Unc.)

of

under
Shares

165,735

34,150,337
9,394,377

with

and

shares

$17.74.

447,401

29,190,776

on

will

2,536

of

was

income—

oper.

31,278,108

June 13, 1950. The offering has been under¬
by an investment banking group headed by
Johnston, Lemon & Co., which group has agreed to pur¬
chase any unsubscribed preferred shares.

funds,

share

per

$2,314,388

1,000,045

2,263,615

written

Robinson

price

average

Acquisition Authorized—

common

Brown

The

$2,186,899

775,722

evidenced by subscription warrants, will
expire at 3 p.m.

Incorporated;

Co.

&

Blair &

William

Central

railway-

402,020

Gas

the basis of

Associated

"

1.56

Farrell, Inc.__

Braun,

railway——

from

Net

1947

May 31, 1950, the right to
subscribe for 30,600 shares of $4.25 cumulative
preferred
stock (no par) at $103 per share, plus accrued
dividends,
shares of

purchase

approved the

22

May

on

1950

from

Gross

1,207,172

stockholders of

Alex.

68,590

&

Av„C. Best & Co
Bingham, Sheldon
Blunt

tenders.

$7,962,483

Light Co. — Offering of Preferred
Stock Underwritten—The company is
offering to its com¬

(EDT)

209,307

154,869

Wisconsin Central Ry.—Earnings—

(EDT)

Washington

on

354,565

76,962

April—

»-V. 171, P. 2202.

mon

196,858

82,919

income

$8,244,118
2,056,863

1—

from

Net

1949

railway.
railway—

Prom Jan.

•

222,707

Bell

railway......

Becker

G.

A.

Inc.

Carter

.63

....—

Whipple «St Co

White,

1950

from

Net

1,302,112

-Earnings—

Aprilfrom

1,477,967

Company

Gerlach &

Gillespie & Wouters
Glore, Forgan & Co
Harley,
Haydon
&

3.12

—:

<fc

Bacon,

H.

—V.

Net

19,338

1,355,444

purchased will be held in the treasury.—V. 171, p. 595.

the

to

share), the proceeds to be used to build 20
design, equip and supervise a factory and for

per

general business purposes.

Gross

15,000

12,381

per

Inc., Reno, Nev.—Files With SEC—

May

on

200,000

par

Stock
Charles

Co.,

Allyn and Company,

Aim

46,718

cumulative classA preference siock olli-r.d to t is com ..any

Net

Volume Heaters,
SEC

83,926
40,323

1,313,441

railway

oper.

call

SEC

underwriting

Involved.

The

50,652

171, p. 1930.

The

6%
a

share), the proceeds to

;Unsubscribed

12.83

Inc.

$313,760

Wico Electric Co.—Tenders of Stock Accepted—

4,798,545

1930.

p.

&

Blyth & Co., Inc

Volcano Products Corp., Seattle, Wash.—Files With SEC
covering

Net
Net

44,414

1947;

'

$367,754

1—

oper.

171,

1949

$325,242

1—

from

Gross

11,774,362

3,024,170

10,395,758
2,644,393

oper.

from

Net

1947

railway—

Prom Jan.
Cross

1948

1948

1950

$317,499

from

From Jan.

'

1949

1950

from

Baird

W.

Monday, June 5, 1950

.

Stock

& Co.—_ 12.83%

Barney

Inc.

Alabama—Earnings—

April—
Gross

Virginian Ry.—EarningsApril—

Smith,
'

The

repay

1790.

Robert

share for each eight shares held.

one

first

Unsubscribed

;

Co.—Proposed Consolidation—

,.'v

The

.

.

the

percentage of the unsub¬
each of them, at $16.75

COMPANY—Is
distribution
It

is

also

and

public utility engaged principally in the generation,
of electricity in southern and central Wisconsin.

sale

engaged

in distributing and selling natural gas,
producing,
distributing and selling manufactured gas; and to a minor extent in
distributing and selling water and supplying central heating service.
—V.

171,

p.

2202.

Yonkers Electric

Light & Power Co.—Proposed

Con¬

solidationsee Consolidated Edison Co. of New York, Inc.
above.—V. 171, p. 1790.

Volume

171

Number 4913

...

The Commercial and Financial Chronicle
"

■

'"

'

'

-

>

""

•

.'

'1

'

'

STATE AND CITY

'

"

•

'/

'

DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS
ALABAMA

Dated June 15, 1950. Denomina¬

Sequoia Hospital Dist., San Mateo
Principal and interest
County (P. O. Redwood), Calif.
Bond Sale—The $600,000 hospi¬
payable
at
the
County
$1,840,000 (J-D)
school
ofice.
building : bonds
offered Treasurer's
Legality ap¬ tal bonds offered May 31—v. 171,
June 1—-v. 171, p. 2039 — were proved by Orrick, Dahlquist, Neff p. 2243 —- were awarded to the
awarded to a syndicate
American Trust Co., of San Fran¬
composed & Herrington, of San Francisco.
tion $1,000.

Birmingham, Ala.

Bond

of

Sale

Shields

The

—

&

Co.,

Estabrook

&

Leevining Public Utility District,

Co., Hornblower & Weeks, and
Hayden, Stone & Co., all of New
York, Merchants National Bank,

Co., of New York, Hugo Marx- &
Co., Berney Perry & Co., both of
Birmingham, Thomas & Co., of
Pittsburgh,
Walter,
Woody
&
Heimerdinger, of Cincinnati, and
Walter Stokes & Co., of Philadel¬
phia, at

price of 100.01, a basis
of about 2.14%, as follows:
a

$240,000

4s.

as

Due

April

on

200,000

2s.

as

Due

2V4S.

as

Due

hide,

a

Watkins,

by

DST)

as

2039—were sold

ing

a

Co.,

coupon

divided

171,

v.

55,000

as

of

School

Fresno

County (P.
Fresno), Calif.

Dist.,

O.

bonds.

Elementary

District

June

on

1975

Sch.

District

on

58,000 Yountville Union Elemen¬

tary

bonds.

payable

June

on

sive.

to

the

at

County

office.

Bernardino), Calif.

Principal and interest (J-J)

Bond

payable at the County Treasurer's

120,000

apolis,

&

1.60s, at

a

1

2s.

as

Due

The

171,

v.

Ceres, Calif.
Sale—The

Bond

bonds

1950

Sale

The

—

a

$80,000

offered

sewer

May 25

awarded to Dean Witter &

were

Co., of

San Francisco, as 2%s. The second

highest bidder

was

Bank of Amer¬

ica National Trust & Savings As¬

sociation, San Francisco, for 2X/2S.

Newington, Conn.
Sale — The $1,135,000
school, Issue of 1950 bonds offered
May 31 — v. 171, p. 2243 — were
awarded to Coffin & Burr, and R.

Co.,

both

of

Boston,

jointly, as 1.65s, at a price of
100.13, a basis of about 1.63%. The
second

highest

bidder

American Trust Co., R.

H. Moul-

&

Co., both of San Francisco,
Security-First National Bank,

Los

District

of San

Secretary,

sealed bids until

will

1:30

receive

(Calif.
DST) on June 14 for the purchase
of $1,600,000 sanitation coupon or
registered bonds.
Dated July 1,
1950. Denomination $1,000. Due on
p.m.

July 1 from 1951 to 1990 inclusive.
Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
fice, or at the National City Bank,
New York City. Legality approved
by O'Melveny & Myers, of Los
Angeles.
Del Rey

Union Sch. Dist., Fresno
County (P. O. Fresno), Calif.

Bond

of

on

and

Principal

payable

at

and

interest

the

County

Humboldt

County Sch.

Dists.

(P. O. Eureka), Calif.
Bond Offering—Fred J. Moore,

County

sealed

Clerk,

will

receive

bids until 1:30 p.m.

(Calif.

DST) on June 12 for the purchase
of $224,000 school coupon or regis¬
tered bonds, divided as follows:

$213,000

Ferndale

Union

High

E.

basis of

Work

from

as

follows:

as

June

on

l%s. Due

1956 to

1,145,000
from

Due

15

1951 to 1955 inclusive.

1,430,000
from

1.90%,

2s.

as

&

Co., of San
price of 100.07, a

a

about

$775,000

1966 inclusive.

2s.

as

Due

1967 to

June

on

1

1975 inclusive.

O. San Rafael),

Bond

Offering

—

Bond

Offering—John

A.

until

June

11

a.m.

for

12

Aug.

1,

000.

Due

1950.
on

(CALIF. DST)
purchase

bonds.

of

Dated

Denomination $1,Aug. 1 from 1951 to

1975 inclusive.

Principal and in¬

terest

payable

(F-A)

at

the

County Treasurer's office. Legal¬

District

Santa Clara, Calif.
Bond

bonds.

Due

on

June

15 from 1952 to 1962 inclusive.




on

June

1

bonds.

Due

Beach

June

on

Imp.
from

1

Offering—The City Clerk

will receive sealed bids until June
5

for

the

purchase

electric system

will

receive

12 for

the?

r: 1

•

1951 to 1965 inclusive.

75,000

school

bonds.
1951

June

on

area

from

1

1960 inclusive.

to

Dated June

tion $1,000.

1, 1950. Denomina¬

bonds.

of

$100,000

Offering

Baum

the

Norwalk

Trust

Company, South Norwalk, at the
option of the holder. Legality ap¬
proved by Wood, King & Dawson,
of New York City.
Winchester (P.

nate

bids

bonds

(b)

will

Emporia School District, Kan.
Sale—The $150,000 build¬
Series B of 1950 bonds of¬

Bond

fered

1951

sealed

(DST)

on

until

2

Series

First

sewer,

bonds. Dated May 1, 1950.

Principal and interest (M-N)
the

First

National

pay¬

Bank,

Boston.

Legality
approved
by
Gray, Best, Coolidge &
Rugg, of Boston.
Ropes,

Sale—The

$435,000

to the Florida National

Bank, and

Clyde C. Pierce Corp., both of
Jacksonville, jointly, as 1.55s, at
a price of 100.11, a basis of about
1.54%. The second highest bidder
Trust Co., of Georgia, Atlan¬
a

price of 100.05.

HAWAII

1950 bonds offered June 1—v.

2143—were awarded to

dicate
Trust

1

inclusive,

or

Principal

and
such

at

interest
bank

O.

Sewer
been

issue

District- No.

sold

$86,-

Main

bonds

1

the

to

of

Township

has

Soden-Zahner

Co., of Kansas City,

and

1V4S

as

to 1960 incl.

1951

(P. }0.

County

Nicholasville), Ky.
Bond Offering—Harvey Partin,
sealed bids until 10

in Chicago

1951

to

ers

Bonds Sold—An

bonds

000

Allan

has

as may

issue of $240,-

sold

been

to

the

Blair & Co., of

2s and

2y2s,

as

Chicago,
follows:

by

Grafton of Louisville.
v.;.

Sale Details—The

Bond
water

$50,000
purchased

bonds

revenue

by Stein Bros. & Boyce, of Louis¬

ville, at

price of 101.50, at pre¬

a

viously

noted

sold

171, p. 1932,

in v.

at

of

basis

a

about

2.20%, as follows and not as pre¬
viously stated: .:
;y.-'yWh'yy.'.?
.

$21,000

as

from

8,000

1951

April 1

on

1957 inclusive.

to

Due on April 1

2V2S.

as

1958 to 1963 inclusive.

Due

2V4S.

as

in

Due

2V2s.

as

21,000

plant

Ky.

Paris,

v..

from

treatment

water

Principal

payable" at the Farm¬

Nicholasville. Legality
Wyatt, Grafton &

Bank,

approved

$90,000 sewer bonds.
150,000

inclusive.

1970

and interest

or

Peru, III.

Optional after 1965.

1964 and

April 1

on

1965.

a

LOUISIANA

School

Atlantic, lotvd
The $4,500 street

Bond

Sale

awarded

were

State

offered

to

the

May

Atlantic

Bank, and the Whitney Loan

& Trust

Company Bank, of Atlan¬
tic, jointly.
Bonds

dated

May 1, 1950.
Due on May 1 from 1951 to 1959
inclusive. Legality
approved by
Bannister, Carpenter, Ahlers &
Cooney, of Des Moines.
are

Indep. Sch. Dist.
(P. O. Council Bluffs), Iowa
Bond Offering—Helen L. Rine,
Secretary of the Board of Direc¬

tors, will receive sealed and open
bids

until 8

(CST) on June
of $85,000
building bonds. Dated May 1,1950.

8

for

Due

on

171,
syn¬

composed of / the Bankers
Co., National City Bank,

the

p.m.

purchase

Nov.

inclusive.

Jackson

Parish,

(P. O.

No. 2

District

Clinton), La.
—
P. H. Dupuy,

Bond

Offering

—

improvement bonds
26

Feliciana

East

IOWA

1

from

Legality

1951

to

approved

1969

of

Secretary

Board,

will

until 2

p.m.

the

Rembrandt Con. Sch. Dist., Iowa

the Parish School
receive sealed bids
(CST) on July 6 for

purchase
Dated

bonds,

of

school

$100,000

July

1,

De¬

1950.

Due on July 1
from 1952 to 1970 inclusive.
Le¬
nomination $1,000.

approved

gality

C.

Dudley

by

Foley, Jr., of New Orleans.
La.

Monroe,
Bond

Offering—P. A. Poag, City

Secretary, will receive sealed bids

June 27
$1,000,000
sanitary sewer bonds. Dated July
1, 1950. Due on July 1 from 1951
until

10

a.m.

(CST)

the

purchase

1990

inclusive.

for

to

on

of

Legality

ap¬

proved l^y Chapman & Cutler,

of

Chicago.
MARYLAND

by

Chapman & Cutler, of Chicago.

Maryland (State of)
Certificate Sale — The $25,000,loan

Offering—The

Secretary

000

of the Board of School

Directors,

fered

Bond

(Territory of)
Bond Sale—The $5,000,000 pub¬
lic improvement, series A, issue of
p.

Mission

were

SBA

the

ta, for 1.70s, at

Mac-

&

County (P.
Kan.

Sold—An

Bonds

480.33

Carter Lake

refunding 1950 bonds offered May
30—v. 171, p. 2039—were awarded

was

for

Dec.

on

Board of Education. Legality ap¬
proved by Chapman & Cutler, of
Chicago.

Orange County (P. O.
Orlando), Fla.
Bond

1955

payable

p.m.

Denomination $1,000. Due on May
1
from 1951 to 1970 inclusive.

at

received

(a)

mutually agreed upon by and
between the
purchaser and the

June 7 for the purchase

$300,000

coupon

bids

2040—

p.

Burke

KENTUCKY

Dec. 1 from 1951 to 1960

on

inclusive.

(J-D)

to

re¬

ceive

171,

to

Olathe),

Due from 1951 to 1970 inclusive.

Taylor, Town Treasurer, will

—

25—v.

Donald, of Kansas City.

bonds.

W.

Offering

May

awarded

were

O.

Wallace

of

be

maturing

from

Winsted), Conn.
Bond

from

Due

ing

C.

Gertrude

—

IV4S.

as

1960 inclusive.

to

Jessamine

Principal and interest

South

jointly,

1951

Co., and George

Co., both of Kansas

8

hattan Company, New York City,
at

&

County Court Clerk, will receive
a.m. (CST) on
p.m.
(CST) on June 12 June 9 for the purchase of $350,for the purchase of $65,000 build¬
000
school
building revenue
ing coupon bonds. Dated July 1, bonds. Dated May 1, 1950. Denom¬
1950. Denomination $1,000 Alter-i ination
$1,000. Due on May 1 from
until

payable at the Bank of the Man¬
or

by

Sold—An issue of $250,bridge bonds has been sold to

City,

be

recreation

Due

Bond

1968

Clay Center), Kan.

iy2s. Due from

Fucik, Secretary Of the Board of
Education, will receive sealed bids

trust company

Hawaii

cisco.

elusive.

11,000 Cutten Elementary School
'

Calf Pasture

75,000

ity approved by Orrick, Dahlquist,
Neff & Herrington, of San Fran¬

June 15 from 1952 to 1965 in-

...'

Due

from 1951 to 1970 inclusive.

Calif.

School District bonds. Due on

.

improve¬

plant

sewage
ment bonds.

Geo. S. Jones,

the

building

$646,000

Clerk,

until June

gation bonds.;-

to

KANSAS

C. C. McFar-

—

purchase of $79,000 general obli¬

Han¬

City Clerk, will receive sealed

County

County Clerk, will receive sealed
bids

bids

1951

approved

Clay County (P. O.

Waukegan), III.

FLORIDA

(P.

City

sealed

June

$200,006

Chapman & Cutler, of Chicago.

Maries, Idaho

Offering

land,

of

from

1

Legality

Johnscn

St.
Bond

Norwalk, Conn.
sen,

Nov.

on

inclusive.

Lake County, Waukegan City
Sch. Dist. No. 61 (P.O.

able

June 15

on

San Rafael Sch. Dist. Marin

on

Jr.,

H.

about 1.85%.

ILLINOIS

&

Francisco, at

Treasurer's office.

'

Levy

Williams, Stone &
Youngberg, all of San Francisco,
Magnus
&
Co.,
of
Cincinnati,
Wagenseller & Durst, of Los An¬
geles, Redfield & Co., of Pasadena,
C. N. White & Co., of Oakland,

July 1, 1950. Denomination $1,000.
Due on July 1 from 1951 to 1975

(J-J)

&

June 5 for the purchase

$105,000 building bonds. Dated

inclusive.

Co., J. Barth & Co., all of
Angeles, Dean Witter & Co.,

son,

berry, County Clerk, will receive
sealed bids until 10:30 a.m. (Calif.
DST)

R.

Francisco, Stranahan, Har¬
Co., Inc., of Toledo, Kaiser
& Co., Schwabacher & Co., Law-

Dusen¬

Offering—E.

Co., William

Staats

ris

the

to

Salt

Corp., and Cooley & Co.,
jointly, for 1.65s, at a price of

$3,350,000

ings Association, of San Francisco,
Blyth & Co., of Los Angeles, Har¬
ris
Trust
&
Savings Bank, of
Chicago,
First
Boston
Corp.,

Heller, Bruce &

awarded

were

—

First

was

purchase

sealed

on

airport bonds. Dated June 1, 1950.

K.

25

Boston

of America National Trust & Sav¬

County Sanitation District No. 19,
Los Angeles County (P. O.
Los Angeles 15), Calif.
Bond Offering—K. H. Harding,

No.

Security Bank of Utah, N. A.,
Lake City, on a bid re¬
flecting a net interest cost of
of

Bond

syndicate composed of the Bank

ton

2243

p.

(CST)

p.m.

the Soden-Zahner

County Class A School

District

550,000

1931—were awarded to

p.

IDAHO
Bannock

Wente,

Bonds

First

&

3

W.

receive

will

the

Chace,
Whiteside,
Sears, of Boston, as
price of 100.14, a basis

1

second

Day

until

Due

of about 1.58%.

cost of about 1.84%.

L.

Clerk,

for

000

June

on

20

Offering—H.

and

Warren

from 1967 to 1970 inclusive.

building bonds offered May 29—

office.

bids

1

Legality ap¬ bids until 8
p.m. (DST) on June
County Clerk, will receive sealed proved by Orrick, Dahlquist, Neff 15 for the
purchase of $1,700,000
bids until 10:30 a.m. (Calif. DST) & Herrington, of San Francisco.
bonds, divided as follows:
on
June 13 for the purchase of
San Bernardino City High
$1,000,000 school, Series A bonds.
$19,000 school bonds. Dated July
Sch. Dist., San Bernardino
y Due on June 1 from 1951 to
1, 1950. Denomination $1,000. Due
County (P. O. San
1970 inclusive.
on July 1 from 1951 to 1968 inclu¬
E. Dusenberry,

—

cisco, Braun, Bosworth & Co., Inc.,
the
Illinois
Company,
Bacon,
Whipple & Co., both of Chicago,
Stroud
&
Co., of Philadelphia,
Folger, Nolan, Inc., of Washing¬
ton, D. C., Ellis & Co., of Cincin¬
nati, S. C. Ashmun Co., of Minne¬

from 1961 to 1966 inclusive.

Dated June 20, 1950. Denomina¬
tion $1,000. Principal and interest

(J-D)

Due

Waterloo, Iowa
Bond

City

100.08.

20 from 1951

inclusive.'

Treasurer's

June

on

1960 inclusive.

l%s.

as

1

CONNECTICUT

clusive.

about

Due

from 1956 to

180,000

June

June 20

on

June 20 from 1951 to 1974 in¬

p.

iy2s.

as

on

gality approved by H. N. Rogers,
of Des Moines.

Weeden & Co., both of San Fran¬

(P. O.
highest bidder was
Pocatello), Idaho
Blyth & Co., R. H. Moulton & Co.,
Bond Sale—The $325,000 build¬
and Heller, Bruce & Co., jointly,
fol¬
on a bid reflecting a net interest
ing bonds offered May 29—v. 171,

June 20 from 1951 to

Shurtleff

Due

1955 inclusive.

York, Northern Trust
Co., of Chicago, Kidder, Peabody
Co., of New York, Harris, Hall
& Co., Alex Brown &
Sons, of
Baltimore, R. H. Moulton & Co.,
&

or

School District bonds. Due

reflect¬

bid

School
on

Due

Bond Offering

building

iy4s.

as

June 1 in

on

1952.

from 1953 to

(Calif.

1974 inclusive.

of

and

1951 to 1970 inclusive.

tary
Due

CALIFORNIA
Union

receive

a.m.

District bonds. Due

3.69%.

Caruthers

will

10

bonds,

from

bonds

90,000

Dollar-

$430,000 St. Helena Unified School

$755,000

&

interest cost

net

a

on

Clerk,

until

4y2s. Due

as

1951

June 13 for the purchase

on

registered

4s, 3%s and 3V2S,

previously noted in

as

bids

$615,000

syndicate headed

Morrow

Birmingham,

County

sealed

(P. O.

Napa), Calif.
Offering — R. A.

72,000 American Canyon Elemen¬

Bond Sale Details—The

$60,000

150,000

Bond

Ala.

first mortgage gas revenue

purchased by

Co., of Pasa¬

Napa County Sch. Dists.

from 1972 to 1976 inclusive.

Fairhope,

Cosgrove &

dena.

lows:

April 1

on

—

2039—were awarded to

p.

Jones,

of

from 1957 to 1971 inclusive.

400,000

171,

v.

1

April

on

system

1

from 1951 to 1956 inclusive.

.

Leevitjung), Calif.
The $27,000 sewer
bonds offered May 29—

Bond Sale

of

Mobile, Tucker, Anthony &
Co., of New York, McDonald &
Co., of Cleveland, R. D. White &

(pj O.

Mono County

cisco, and Security-First National
Bank, of Los Angeles, jointly, at
a price of 100.001, a basis of about
1.80%, as follows:

both of New

of

May

1949,

certificates of¬

31—v.

171,

p.

2244—

awarded to the National

City

will receive sealed bids until 7:30

were

(CST) on. June 13 for the
purchase of $75,000 building cou¬
pon bonds.
Dated June 1, 1950.

Bank, of New York, First Boston

p.m.

Denomination $1,000. Due on Nov.
1 from 1951 to 1965 inclusive. Le¬

of Chi¬
& Co., of
New York, Edw. Lowber Stokes
Co., New York, and Scott, Hornei;
Corp.

cago,

The

Illinois

Co.,

Robert Winthrop

60

(2352)

The Commercial and Financial
Chronicle

8c Mason,

l%s,

as

of Lynchburg, jointly,
a
price of 100.91, a

000 notes.
Due on Dec. 15, 1950.
Legality
approved
by
Storey,
Thorndike, Palmer & Dodge, of

at

basis of about

1.40%.

Certificates Reoffered—The

Boston.

cer¬

tificates mature serially on July 1
from 1953 to 1965, inclusive, and

yield of 0.95%

a

from

exempt

Federal

taxation

all

and

31,

bids

the

at

State Housing Board,

Street,
(DST)

Boston,
of

Dated

notes.

the

14,

1950.

office

of

the

State

•Housing Board, 18 Tremont Street,
Boston, until 11 a.m. (DST) on
June 6 for the purchase of $1,025,000 Fourth Series notes. Dated

V

June

14,

1950.

Due

July

on

30,

1951. Principal and interest pay¬
able at the National Shawmut

Bank,

of

proved

Boston.

York

Legality ap¬
Sullivan,
Donovan,

by

Heenehan

&

will

Fourth

100.01,

$125,000

&

Natick, Mass.
Bond Offering—Walter D. Lea-

Twp. Sch. Dist. No. 6
(P. O. Benton Harbor), Mich.
Offering—Robert Vander

Bond

Roset, District Secretary, will
ceive

(EST)

tional Bank of Boston, as 2s, at a
price of 101.11, a basis of about
1.87%, as follows:

$1,000.

Due

6

p.m.

1963

Mass.

Note Sale—The

.

loan,

age

fered
were

Act

May

$120,000

of

1948

29—v.

awarded

notes

171,

to

sewer¬
of¬

2244—

p.

Estabrook

&

Co., of New York, as 2Vis, at a
price of 102.28, a basis of about
2.06%. The second highest bidder
was
Day Trust Co., Boston, for

2V4S, at

price of 100.79.

a

Everett

Housing Authority,

Note

Offering

Splane,

Chairman,

sealed

bids

at

Mass.
Herbert C,

—

will

the

of

the

State

Housing Board, 18 Tremont
Street, Boston, until 11 a.m. (DST)
June

on

6

$3,035,000

for

the

Third

purchase

Series

Dated June 14, 1950. Due

31,

1951.

of

notes.
Jan.

on

Legality approved by
Donovan, Heenehan &

Sullivan,

Hanrahan, of New

York

Note Sale—The
$500,000 tax
ticipation notes offered
were

awarded

National

0.75%
1960.
was

to

Bank,

discount.
The

the

of
Due

second

May 23
Merchants

Boston,
on

Dec.

at

1,

highest bidder

the National Shawmut

Boston, at 0.77%

an¬

Bank,

discount.

of

divided

$479,000

bonds,

coupon

Principal and
payable
at
the

(A-O)
Harbor

State

Bank, Ben¬
Legality approved by
Canfield,
Paddock
&

Stone, of Detroit.

follows:

as

Detroit, Mich.

$299,000 school ldan, Act of .1949
bonds. Due on July 1 from
1951

to

180,000

1970 inclusive.

loan

water

bonds.

City Comptroller, will

spoon,

sealed

Due

(EST)

1965

July 1 from 1951 to

on

Bond Offering—John H. Wither-

ceive

of

bids

until

10

re¬
a.m.

June 6 for the purchase
public utility water

on

$563,000

refunding, Series R, coupon or
registered bonds. Dated Dec. 15,
1949. Denomination
$1,000. Due on

July 1, 1950. Denomina¬
Principal and inter¬
est payable at the Second Nation¬
al Bank, of Boston. Legality ap¬

Dec.

15

sive.

Principal and interest (J-D)

proved

payable

tion

$1,000.

by

Storey,
Thorndike,
Palmer & Dodge, of Boston.
Bedford,

Mass.
R. Freitas,

from

1956 to

the

at

bank of the
York

New

Bond Sale—William

l%s, at

Co.,

of

Boston,

as

price of 100.06, a basis
of about
1.49%, as follows:
a

$34,000 standpipe bonds.

Due

June 1 from 1951 to

1950. Denomination

June

$1,000. Due

from 1951 to

1

Principal and interest

able

at

Bank

the

of

on

1970 inclu¬

sive.

National

pay¬

Shawmut

Boston.

Legality
ap¬
proved
by
Storey,
Thorndike,
Palmer & Dodge, of Boston.
North

Adams

Housing Authority,

Massachusetts
Note Offering—James B.

official

current

City, in Chicago, New

City

Detroit.

or

Legality

approved by Miller, Canfield, Pad¬
dock & Stone, of Detroit.

Ruane,

1967 in¬

Housing
Board, 18 Tremont Street, Boston,
until 11 a.m. (DST) on June 6 for
the

purchase of

$710,000

Second

Series notes. Dated June
14, 1950.
Due on July 30, 1951.

Legality

approved

by
&

Sullivan, Donovan,
Hanrahan, of New

City.

mains
on

.,

1951

Bonds

extension
June 1 from
to 1965 inclusive.
Due

are

Denomination

dated

re¬

ceive

x

,

Coolidge & Rugg,

the

sealed

bids

in

care

of

11

a.m.

(DST)
of

on

June 6 for the

$319,000 school

bonds.

Dated

June

1

from

1951

to

1970

Boston.

Legality

Thorndike,

1,

1950.

on

June

inclusive.

by

Palmer

&

Dodge, of Boston.

Lynn, Mass.
Note Offering — Daniel
J. Mc-

Ardle, City Treasurer, will receive
sealed bids until 11 a.m.
(DST) on
June 6 for the purchase of
$500,-




(P.

will

receive

15 for the purchase of

sealed

bids

St.

1

library and
building bonds.

$89,-

community

60,000 industrial plant bonds.

Clair),

Township

until

000 bonds, divided as follows:

O.

MONTANA

W.

Clerk,

will

Flathead

of

Boston,

0.71%

at

dis¬

Notes

dated

are

Denominations
on

approved
Palmer &

May 26,
$50,000 and

1950.

$25,-

Dec. 15, 1950.

Legality
Storey, Thorndike,
Dodge, of Boston.
by

Grant

and

anticipation
were

—

The

$300,000 tax

notes offered

awarded

to

the

May 22

Merchants

trust

by the

Vernon

pur¬

Twps.

Frac.

Sale

Details—The

$185,000 building bonds
purchased by
Jones B. Shannon & Co., of De¬
troit, on a bid reflecting a net
interest

cost

of

about

previously noted in
sold

as

2s,

Twp.

(P.

at

1.99%, as
p. 1713,
price of

171,
a

./

,

Holton

v.

Sch.

Dist.

No.

5

O.

Holton), Mich.
Bond Offering — R. B.
Trygstad, Secretary of the Board of

Education,
bids

until

for

will
8

receive

(EST)

p.m.

the

purchase

to

15,
Due

1950.
on

$1,000.

Principal and interest

payable

Bank,

at

the

Fremont

Fremont.

Legality
Miller,
Canfield,
Paddock & Stone, of Detroit.
approved

by

and

1

County Sch. Dist. No. $

Bond

Offering—Lester J. Dankert, Director, will receive sealed
the

office

of

the

County
Superintendent
of
Schools,
in
Midland, until 5 p.m. (EST) on
June 12 for the purchase of
$95,000 building coupon bonds. Dated
June 1, 1950.
Denomination $1,Due

inclusive.

terest

on

June 1 from

(J-D)

Chemical

Midland.

1951 to

Principal and in¬

State

payable

Savings

at

the

Bank,

(P. O. Kalispell), Mont.
Bond

posed

of

the

Bond Offering

Fliegel,
receive

sealed

Norman C.

—

District

Secretary,

bids

until

Na¬

Bank,: Piper,
Jaffray &
Hopwood, Allison - Williams Co.,
J. M. Dain &

olis,

the

Co., all of Minneap¬
& Co., of St. Paul,

Kalman

First

Kalispell,

National

2.15s, at

as

Bank

of

price of

a

par.

will

3

Northwestern

tional

and

Sebewaing School District, Mich.

NEW JERSEY

,

p.m.

Bay Head Sch, Dist., N. J.

(EST) on June 7 for the purchase
of $325,000 building
coupon bonds.
Dated May 1, 1950. Denomination
$1,000. Due on April 1 from 1951

District Clerk, will receive sealed
bids
until
7:30
p.m.
(DST)
on

to

June

1966

inclusive.

Principal and

interest (A-O) payable at

bank

a

trust

or

company
to be desig¬
nated by the purchaser.
Legality

approved

by

Paddock &

Miller,
Canfield,
Stone, of Detroit.

Bond

000

Welch,

County
sealed

(EST)

June

on

of

Clerk,

bids

will

until

15

for

$70,000

2

Dated June 1, 1950. Due
from

1951

to

1955

bonds.

E
re¬

Dated

cipal

and

the

—

Burlington
Mount

Beach,

(P.

County

O.

Holly), N. J.

Denho, County Treasurer, will
ceive

sealed

(DST)

bids until

10:30

re¬

a.m.

June 9 for the purchase

on

R. F. D. No. 3, North

were

awarded

to

bidder

McDonald

was

registered-bonds.

or

June 1,1950.
Due

Ryan,

Moore

pon

(P. O.

Haven),

Bond

bonds offered

2041—were

$12,000 road
May 26—v. 171, p.

awarded

to

the

Oak¬

ley National Bank, of Buffalo, as
2s, at a price of 100.08, a basis
of about 1.98%. The second
high¬
bidder

was

Allison-Williams

Co., for 2*&s.
Hennepin

County Indep. Con.

Sch. Dist. No.

11

(P.

sealed bids until 8 p.m.
(CST)
June 13 for the purchase of

on

$765,-

building bonds.

Dated July 1,

Denomination

$1,000.

Due

Jan. 1 from 1952 to 1976 inclu¬

sive.

Legality approved by Faegre
Benson, of Minneapolis.

Redwood Falls, Minn.
Bond
Offering—P. R. Bryam,
-•

City

Clerk,

bids

until

will
7:30

receive
p.m.

sealed

(CST)

on

interest

payable at the Union Na¬
Bank

&

Trust

Co.,

Mount

Mahwah

Township (P.
Mahwah), N. J.

ment

B.

l.

O.

Sale—The $165,000 water

acquisition

bonds
p.

J.

2147

and

offered
—

were

improve¬

May

31—v.

awarded

to

Van

Ingen & Co., of New
York, and the Prospect Park Na¬
tional
Bank, of Prospect Park,
jointly, as 2s, at a price of 100.33,
basis of about

a

ond

highest

Hanauer

1.97%.

bidder

The

sec¬

J.

was

B.

&

Co.,
and
Paterson
Savings Institution, Paterson^ for
2s, at a price of 100.27.

O.

Crystal Bay), Minn.
Bond Offering—Winnifred
Bry¬
ant, District Clerk, will receive

1957

to

Holly. Legality approved by Cald¬
well, Marshall, Trimble & Mit¬
chell, of New York City.

171,

Sale—The

1951

(J-D)

system

South

from

tional

Bond

Minnesota

1

inclusive^ Principal and

&

MINNESOTA
Clearwater

Dated

Denomination $1,000.

June

on

Co., for 2%s.

&

Pleasant

BondOfferin g—Alexander

May

on

inclusive.

Sutherland & Co., of Toledo, on a
bid
reflecting a net interest of
about 1.77%. The second
highest

1950.

(J-D) payable
County National

Point

Legality approved
by Hawkins, Delafield & Wood, of
New York City.
: '

pur¬

River Road, Freeland), Mich.
Bond Sale—The $160,000 school
bonds offered May 29—v. 171, p.

on

interest

Ocean
of

of $275,000 road and bridge cou¬

(P.O.

000

registered
1, 1950. De¬
Due on June 1
or

June

nomination $1,000.
from 1951 to 1962 inclusive. Prin¬

notes.

Tittabawassee Twp. Unit Sch. Dist.

est

the purchase of $25,coupon

Point Pleasant.

Principal and interest (M-N) pay¬
able
at
the County Treasurer's

2245

for

p.m.

the

school

14

Bank

Corunna), Mich.
Offering — Sherman

Note

ceive

(P. O.

Offering—Mary B. Foster,

school

at

Shiawassee County

Twps.
F (P. O.

Midland), Mich.

at

p.m.

Detroit.

Ingersoll

Sch. Dist. No.

8

inclusive.
Principal
(M-S) payable at the
Commercial and Savings Bank, St.
Clair. Legality approved
by Mil¬
ler, Canfield, Paddock & Stone, of

Dated May

Nov. 15 from 1951 to 1966

(M-N)
State

June

$48,000

Denomination

inclusive.

until

1960

sealed
on

of

school coupon bonds.

bids

office.

Clare), Mich.
Bond

1955

Watertoum, Mass.
Sale

or

School District No. 2 (P. O.

000.

Note

1951

1

bids

000. Due

interest

and
bank

a

sealed
on

and interest

Detroit.

Note

Bank,

Best,

Offering—The City Clerk

June

June 5 for the purchase
$35,000 water district No. 1,

chase

Midland

Sale—The $500,000 notes
offered May 26 were awarded to
the - Rockland-Atlas
National

receive

of

approved by Mil¬
ler, Canfield, Paddock & Stone, of

6

approved

Principal

(A-O) payable at

company designated
chaser. Legality

cou¬

count.

of Boston.

inclusive.

K.

Merchants National Bank, of Bos¬
ton, 282 State Street, Boston, until

1950.

1,

interest payable at the First
National Bank, of Boston.
Legality
approved by Ropes,
Gray,

Heineman,

April 1 from 1951 to 1967

on

100.06.

Plymouth, Mass.
Bond Offering — Herbert
Bartlett, Town Treasurer, will

Principal

June

$1,000.

and

Due

were

Somerville, Mass.

bonds.

Township

Michigan
Offering — Walter

Bond

$1,600,000
building coupon
bonds.
Dated
July 1, 1950. Denomination $1,000.

at the office of the State

clusive.

96,000 water

bids until 8 p.m. (EST) on June 21
for
the
purchase
of

Chairman, will receive sealed bids

Storey,
on

Canton, Miss.
Bond

$29,000

Clair

R. F. D. No.

inclu¬

1962

City Treasurer, will receive sealed
Grand Haven Sch. Dist., Mich.
noon (DST) on June 6
for the purchase of $368,000 voca¬
Bond
Offering — Irene Strahstional high school addition, Act of burg, Secretary of the Board of
1950, coupon bonds. Dated June 1, Education,
will
receive
sealed

Principal and interest payable at
the Merchants National
Bank, of

&

par, and mature
$2,500
April 1 from 1951 to 1970 incl.

on

Sale—The $446,770 con¬
bonds
special assessment coupon bonds* struction and equipment
Dated March 1, 1950. Denomina¬ offered May 31—v. 171, p. 1933—•
tion $1,000. Due on March 1 from were awarded to a syndicate com¬

chase

Denomination $1,000. Due

Day

as previously noted
2145—were sold at a

p.

(EST)

Sale—The $130,000 bonds
offered May 25 were awarded
to
L.

1954 incl.

3V2S,

of

Miller,

pon

Bond

171,

ton Harbor.

Bank, of Boston,
111
Street, Boston, until 11
(DST) on June 6 for the pur¬

B.

'

as

v.

price

a.m.

purchase

Littleton, Mass.

phis,
in

on

Franklin

York

Holyoke, Mass.

Details—The $50,000
bridge bonds purchased
by M. A. Saunders & Co., of Mem¬

Benton

Heenehan

City.

Sale

and

National

receive

office

St.

April 1 from 1951

on

bids until

Dudley,

Bond

road

of Detroit.

inclusive.

of the Second

County (P. O.
•
Ashland), Miss. ./,■!!•■-V

'

on

Due

MISSISSIPPI

?

1, 1950. Denomina¬
tion $1,000. Principal and interest
(M-N)
payable
at
the
Detroit
Trust Co., Detroit.
Legality ap¬
proved by Claude H. Stevens, of
Berry, Stevens, Barbier & Evely,

April 1, 1950. Denomination

interest

Act of 1949 bonds.

30,000 school loan notes.

until

re¬

June 7 for the purchase
school coupon bonds.

to

[$170,000 Bernardston schood loan,
*

on

$75,000

bids

vitt, Town Treasurer, will receive

Dated

offered May 31—v. 171, p. 2244—
were
awarded to the First Na¬

sealed

sealed bids in

care

bonds.

^

v

Dated June

Benton

of

Due

Nov. 1 from 1951 to

I.71%.

Dated

bonds.

sidewalk

suit¬

any

company

Benton

76,000
sewer
bonds.
Due
on
Nov. 1 from 1951 to 1964 incl.
12,000

at

lo¬
Falls, Minneap¬
Paul; designated by the

St.

or

purchaser,

Nov. 1 from 1951 to 1964 incl.

1957 to 1965 inclusive.

second highest bidder was
Sattley & Co., on a bid re¬
flecting a net interest cost of about

Nov.

Shores, Mich.'

water

on July 1 from
inclusive. Principal

interest payable
bank or trust

olis

Offering—Douglas Taylor,

$35,000

Due

1956

cated at Redwood

cial assessment 1950 coupon bonds,
divided as follows:

April 1

on

price of 100.38,

a

to

Village Clerk, will receive sealed
bids until 8 p.m. (EST) on June 6
for the purchase of $123,000 spe¬

The

of

inclusive.

Sale—The $200,000 bonds

Bond

H. V.

notes.
on

13/4S. Due

as

from

(DST)

Series

St. Clair

Paine,

April 1

on

and

able

3%s, at

as

1952

basis of about 3.71%.

a

Monday, June 5, 1950

.

$1,000.

nati,

from 1951 to 1956 inclusive.

225,000

the

purchase

IV2S. Due

as

tion

Wat-

to

and

bonds offered

revenue

— v. 171, p.
2145 — were
awarded to Pohl & Co., of Cincin¬

Mich.

basis of about 1.71%, as

a

by

of

a.m.

Co.,

sewer

,

June 12 for the purchase of
$40,000
local
improvement
1950
bonds.
Dated June 15, 1950.
Denomina¬

May 29

follows:

18 Tremont

14, 1950. Due

and

District,

&

Twp. (P. O.
^
Palmer), Mich.
Sale—The $55,000 water

Bond

/.

awarded

Lerchen

Jan.

receive

office

the

Richmond

3,

Webber, Jackson & Curtis, both
of Detroit, jointly, at a price of

1, 1950. Legality approved by Sul¬
livan,
Donovan,
Heenehan
&

Hanrahan, of New

Bernardston, Mass.

.

ling,

notes.
on

School

2144—were

p.

of

approved

the

for.

Dated June

City.

Bond

the

Hanrahan, of New York City.

tin, Chairman, will receive sealed
the

at

6

$755,000

-Chelsea Housing Authority, Mass.
Note Offering—Edward J. Mar¬
at

bids

June

on

Due

Sullivan,
& Hanrahan, of New York City.

bids

Legality

Street, Boston, until 11

pur¬

Series

Legality approved
Donovan, Heenehan

by

Series

1950. Due

Chairman,

sealed

Nov. 1,1950.

on

of

purchase

State Housing Board,

a.m.

Fourth

June

the

of

11

for

6

$327,000

Third

1951.

ham,

18 Tremont

until

June

on

chase

receive

office

office

the

at

Nov.

on

Bond Sale—The $350,000 build¬
ing bonds offered May 25—v. 171,

Milford Housing Authority, Mass.
Note Sale—James E. Birming¬

Offering—Raoul A. Char-

sealed

for

of - Boston,
Due

>.

Albion

receive

Sullivan, Donovan, Hennehan
Hanrahan, of New York City.

Agawam Housing Authority, Mass.
will

6

Dated June 14,

MASSACHUSETTS

Chairman,

will

the

at

$1,220,000

state,

county and municipal taxation in

pentier,

bids

June

on

Bank,

discount.

MICHIGAN

State Housing Board, 18 Tremont
Street, Boston, until 11 a.m. (DST)

'the State of Maryland.

Note

Chairman,

sealed

to a

present

from

1950.

,

wards,

dollar price of par, according to
maturity. The certificates are in¬
terest

0.66%

Maiden Housing Authority, Mass*
Bond Offering—George M. Ed¬

were
reoffered by The National
City Bank of New York and asso¬

ciates from

National

.

Roxbury Township (P. O.
Succasunna), N. /.

,

Bond

Sale—The

offered May 25—v.
awarded

were

Union
at

a

Bank,
price of

$65,000

to

$80,000
171,
the

bonds

2148—

National

of

Dover, ps l34s,
par, as follows:

township

hall

house bonds.

15,000

p.

township

and

fire

v

hall

and

fire

house, 2nd Series bonds,
The

second

Freeman

&

highest bidder
Co.,

price of 100.14.

for

1.90s

ww

ajf

a

Volume

171

Number 4913

..

West wood, N. /. f
Offering—Wm.L.

r

Bond

The Commercial and Financial Chronicle

.

Borough Clerk, will receive sealed
bids
until
8:30
p.m.- (DST)
on
June 12 for the purchase of $30,000
improvement coupon or registered
bonds.

Dated

June

1,

De¬

1950.

nomination $1,000. Due on June 1
from 1951 to 1957 inclusive. Prin¬

cipal and interest

171,

2245—were awarded to
& Cross, Francis I. du
Co., R. D. White & Co.,
and
Tilney & Co., all of New
York, jointly, as 2.10s, at a price
of 100.55, a basis of about 2.04%.
v.

Best,

p.

Roosevelt

Pont

&

Hempstead
No. 27

Union Free Sch.

until 11

a.m. (EST) on June 6 for
purchase of $285,000 coupon
bonds, divided as follows:

and

$25,000 water bonds. Due

fered

May

were

awarded

the

,

from 1953 to

250,000 sanitary

New

10,000

York

payable
Bond Offering—George A. Pink,
Bank, WestDistrict Clerk, will receive sealed
wood. Legality approved by Cald¬
bids until 3:30 p.m.
(DST) on
well, Marshall, Trimble & Mitch¬
June 15 for the purchase of $100,ell, of New York City.
000 school 1950 coupon or regis¬
MEW MEXICO
tered bonds. Dated July 1, 1950.
Silver City, N.. Mex.
Denomination $1,000. Due on July
Bond Sale—The $80,000 bonds
1
from
1951
to
1970 inclusive.
offered May 24—v. 171, p. 2041— Principal and interest (J-J) pay¬
were awarded to Boettcher & Co.,
able at the Meadowbrook National
of Denver, and Henry Dahlberg & Bank, West Hempstead. Legality
Co., of Tucson, jointly, at a price approved by Hawkins, Delafield
of 100.10, a basis of about 2.44%, & Wood, of New York City.
follows:

as

$50,000

'

•

recreation

$20,000

bonds:

center

2Vis, due on June. Hoff, Village Treasurer, will re¬
inclusive, ceive sealed bids until 3:30 p.m.
$30,000 as 2Y2S, due on (DST) on June 14 for the pur¬
as

1 from 1951 to 1960

and

June 1 from 1961 to 1970 incl.

30,000 street improvement bonds:
$10,000

2Vis, due

as

1 from 1951 to 1960

and

$20,000

on June
inclusive,

2V2S,

as

due

on

June 1 from 1961 to 1970 incl.

I

NEW YORK

-

-

Arcade, N. Y.
Bond Offering—Francis H. Con¬

Village

Treasurer, will re¬
bids until
2 p.m.
(DST) on June 8 for the purchase
of
$25,000 electric system 1950
coupon or registered bonds. Dated
May 15, 1950. Denomination $1,000. Due on May 15 from 1951 to
1955 inclusive.
Principal and in¬
terest (M-N) payable at the Citi¬
zens Bank of Arcade. Legality ap¬
proved
by
Vandewater,
Sykes,
nors,

ceive

sealed

Heckler

&

Galloway,

of

New

York City.

Cohoes, N. Y.
Bond

•

Offering—Arthur E.

Du-

fresne, City Comptroller, will
ceive sealed

(DST)
of

bids

until

12:30

re¬

p.m.

June 9 for the purchase

on

$188,000

coupon

bonds, divided

as

or

registered

follows:

$100,000 water supply bonds.
June

on

Irvington, TV. Y.
Bond Offering — Frederick J.

1 from

inclusive.

Due

1951 to 1970

<

54,000 highway equipment bonds.
Dated

June

from

1

1951

to

1955 inclusive.

June 1

1969 inclusive.

bonds. Due

sewer

from

1953

1972

to

Chardon, Ohio
$30,000

Bond

Sale—The

extension

sewer

31—v.

bonds

Chardon

the

to

of¬

2146—

171, -p.

second

highest

bidder

Fahey, Clark & Co., for 2Vis,
price of 101.88.
Green

Denomina¬

Sch.

Local

Dist.

Bond

Offering—W.

at

York

(State

of%

Cleveland

Corp., of Cleve¬

land.

Pulaski-Jefferson

(P.

Local

Sch.

Dist,i

(P. 0. Bryan), Ohio
Bond

O.

Offering

Maurice

—

until 11

(EST) on June 6 for
the purchase of $209,000 water
coupon bonds. Dated June 1, 1950.
Denomination
$1,000.
Due
on
June

a.m.

from

1

1951

to

(Springfield), Ohio
Bond Offering—Ray Skillings,
Clerk of the Board of Education,

Easter-

E.

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh,

1960

inclu¬

purchase of $30,000 building
pon

registered

or

June
000.

Dec.

on

cou¬

Dated

Denomination $1,-

1, 1950.
Due

bonds.
from

1

1951

to

1970 inclusive.

Principal and in¬
terest (J-D) payable at the First
National
"

Huron

Local

(EST)

a.m.

on

Raleigh,
June 6 for

'

;

.>

Summit Station),

Principal

(M-S)

and

interest

payable at the First Na¬

tional

Bank, Bryan. Legality ap¬
proved
by
Squire,
Sanders
&
Dempsey, of Cleveland.
Sharonvitle Local Sch.

Dist., Ohio

Note Offering— Edwin K. Pot-

Sch. Dist.,

Lima Local Sch. Dist. (P.

sealed bids at his office in

clusive.

Bank, Springfield.

sive.

until 11
New

$66,444.18

Shankster, Clerk of the Board of
Principal and interest
Education,
will
receive
sealed
(J-D) payable in New York City.
bids until noon (EST) on June 19
Legality approved by Mitchell &
for the purchase of $20,000 con¬
will receive sealed bids at the of¬
Pershing, of New York City. sC:,
struction bonds.
Dated June
1,
fice of the County Superintendent
1950.
Denomination $1,000.
Due
of Schools, in Springfield, until
High Point, TV. C.
on Sept.
1 from 1951 to 1970 in¬
noon
(EST) on June 9 for the
tion $1,000.

Legality ling, Secretary of the Local Gov¬
ernment Commission, will receive

Branch.

First

The

—

offered

May 25—v.
2042—were awarded to the

p.

a

Ohio «
Principal and interest (J-D) ; Bond Offering—Beulah Lindsey,
payable in New York City, or at Clerk of the Board of Education,
pon or registered bonds.
Dated the option of" the holder, at the will receive sealed bids until 6:30
July 1, 1950. Denomination $1,000. Wachovia Bank & Trust Co., High p.m.- (EST) on June 14 for the
Due on July 1 from 1951 to 1969 Point. Legality approved by Reed,
purchase of $430,000 construction
inclusive. Principal and interest Hoyt & Washburn, of New York bonds. Dated June
15, 1950. De¬
(J-J) payable at the Irvington City.
nomination $1,000. Due on June 15
National Bank & Trust Co., Irv¬
and Dec. 15 from 1951 to 1974 incl.
Hillshoro, TV. C.
ington.
Legality
approved
by
Bond Offering-~W, E. Easter- Principal and interest (J-D) pay¬
Hawkins, Delafield & Wood, of
ling, Secretary of the Local Gov¬ able at the Berlin Heights Bank¬
New York City.
ernment Commission, will receive ing Co., Huron. Legality approved
sealed bids at his office in Raleigh, by Squire, Sanders & Dempsey, of
Lysander, Van Buren and Clay
until 11 a.m. (EST) on June 6 for Cleveland.
Cent. Sch. Dist. No. 1 (P. O.
the purchase of $30,000 water cou¬
Baldwinsville), TV. Y.
Jersey Local School District (P. O.
Dated June 1, 1950.
Bond
Offering — Emerson E. pon bonds.
R. R. No. 1, Pataskala), Ohio
Denomination $500. Due on June 1
Tupper, District Clerk, will re¬
Bond Offering—B. L. Thomp¬
ceive sealed bids until 3:30 p.m. from 1952 to 1969 inclusive. Prin¬
son, Clerk of the Board of Educa¬
(DST) on June 5 for the purchase cipal and interest (J-D) payable tion, will receive sealed bids un¬
Legality ap¬ til 8
of $34,000 school 1949 registered in New York City.
p.m. (EST) on June 14 for
bonds.
Dated Sept. 1, 1949.
De- proved by Mitchell & Pershing, of the purchase of $23,000 building
nomination $6,800. Due on Sept. 1 New York City.
bonds. Dated July 1, 1950.
De¬
from 1950 to 1954 inclusive. Prin¬
nomination $1,000.
Due on Nov.
Kinston, TV. C.
cipal and interest (M-S) payable
1 from 1951 to 1973 inclusive.
In¬
Bond Offering—W. E. Easterat the First Trust & Deposit Co.,
terest M-N.
;■ v ;
approved by Hawkins, Delafield &
Wood, of New York City.

171,

Sale

bonds

was

chase of $190,000 sewer 1950 cou¬

Baldwinsville

Bondsewer

1960 inclusive.

Dated June 1, 1950.

61

Montgomery County (P. O.
Dayton), Ohio

water

Savings Bank, as 2s, at a price of
100.15, a basis of about 1.98%.
The

street equipment bonds.
on June
1 from 1951 to

: Due

at the First National

•

1

on

inclusive.

(P.O. West Hempstead),

(J-D)

June

on

Dist.

(-2353)

-

O.

Ohio

Bond Offering—Fred F. Comp-

the purchase of $100,000 electric
light coupon bonds. Dated June 1,
1950.
Denomination $1,000.
Due

tee, Clerk of the Board of Edu¬
cation, will receive sealed bids
until noon (EST) on June 16 for
the purchase of $28,800 tax antic¬
ipation notes.
Dated April
15y
1950.

Denomination

cept one for $800.
from

1951

$1,000,

Due

1952.

to

ex¬

Oct. 13

on

Legality

ap¬

proved by Peck, Shaffer & Wil¬

liams, of Cincinnati. 'cvV,-7;^(-;/f

■■■;

Shawnee

O*.

R.

F.

Bond

Clerk

Local

Sch.

(P.
1, Lima), Ohio

D.

Offering—Paul

of the

Board

reecive

will

Dist.

sealed

of

E. Lytle,
Education,

bids

until

8

(EST) on June 14 for the
purchase
of
$290,000
building
p.m.

bonds.

Dated

nomination

June

$1,000.

1, 1950.
Due

De¬
June

on

1 and Dec. 1 from 1951 to 1970 in¬

clusive.

Toledo,
Bond Sale

—

Ohio

,

The $173,000 street

improvement bonds offered May
31—v. 171, p. 2042—were awarded
to Halsey, Stuart & Co. Inc., as
l^s, at a price of 100.19, a basis
of

about

1.46%.

ton, Clerk of the Board of Educa¬
Additional Sale
The $156,000
tion, will receive sealed bids until
ing notes offered May 2—v. 171,
7:30 p.m. (EST) on June 14 for street improvement bonds offered
on the above date
were awarded
p. 2246
were awarded to the on June 1 from 1953 to 1972 in¬ the purchase of $126,000 building
American Trust Co., of New York, clusive.
Principal
and
interest bonds. Dated July 1, 1950. De¬ to the Cleveland Trust Co., of
at 0.49% interest.
:
(J-D) payable in New York City. nomination $1,000. Due on May 1 Cleveland, as l%s, at a price of
Legality approved by Mitchell & and Nov. 1 from 1951 to 1971 in¬ 100.23, a basis of about 1.17%.
Sand Lake, A verill Park-Sand
Bond Offering — Rudy Klein,
Pershing, of New York City.
clusive; Interest M-N.
Lake Fire District (P. O,
City Auditor, will receive sealed
A verill Park), TV. Y.
Wilkes County (P. O. North
Lorain, Ohio
" *'
j bids until noon
(EST) on June 13
Bond Sale
The $10,500 fire
Bond Sale—The $129,350 bonds
Wilkesboro), TV. C.
for the purchase of $74,000 side¬
apparatus 1950 bonds offered May
offered May 26—v. 171, p. 2176—
Bond Offering—W.
E. Easterwalk
improvement v coupon
or
25—v. 171, p. 2146—were awarded
were awarded to the First Cleve¬
ling, Secretary of the Local Gov¬
registered bonds. Dated June 1*
to
the
Manufacturers National ernment
Commission, will receive land Corp., of Cleveland, as 13/4S, 1950. Denomination
$1,000. Due
Bank, of Troy, as 2s, at a price of sealed bids at his office in Raleigh, at a price of 101.19, a basis of
on Oct. 1 in 1951 and 1952. Prin¬
100.01, a basis of about 1.99%.
until 11 a.m. (EST) on June 6 for about 1.49%, as follows:
cipal and interest (A-O) payable
the purchase of $50,000 refunding
$53,250 storm sewer bonds.
Tonowanda, TV. Y.
at the Chemical Bank & Trust
1950
coupon
bonds, divided as
Bond Offering — Ida
M. H.
76,100 street and alley paving Co., New York City.
follows:
bonds.
Rogalsky, City Clerk, will receive
Vernon Twp. Local Sch. Dist.
sealed bids until noon (DST) on $45,000
road and bridge bonds.
The second highest bidder was
Note

Sale—The

$627,000 hous¬

—

'

34,000 fire equipment bonds. Due
June

on

from

1

1951

1957

to

inclusive.
Dated June

tion

1, 1950. Denomina¬
Principal and inter¬

$1,000.

est

(J-D)

payable

Manu¬
Legal¬

at the

facturers Bank of Cohoes.

ity approved

by Sullivan,

van, Heenehan
New York City.

Dono¬

Hanrahan,

&

Eastchester

(P.

of

O.

Tuchahoe), TV. Y.
Bond Sale—The $186,500 public
improvement 1950 bonds offered
June 1 — v. 171, p. 2245 — were
awarded

to

the

Trust

American

Co., of New York,

as

1.40s, at

a

price of 100.07, a basis of about
Com.

Geddes

Sch.

Dist.

No.

1

(P. O. Syracuse), TV. Y.
Sale—The $150,000 school
1950 bonds offered June 1—v. 171,
Bond

2245

American

were
Trust

Frederick

&

—

awarded to the
Co., and Paul
both of New

Co.,

.

York, jointly, as l3As, at a price of
100.38, a basis of about 1.71%.
Great

Neck

Plaza

(P.

O.

Great

Neck), TV. Y.
Bond Offering—Joseph A. Kav-

anagh, Village Treasurer, will re¬
ceive

sealed

(DST)
of

on

until

bids

11

June 7 for the purchase

public parking 1950
coupon or registered bonds. Dated
June 1, 1950.
Denomination $1,000.

Due

1969

inclusive.

on

June

1

from 1951

to

Principal and in¬

terest

1950

regis¬
tered bonds. Dated July 1, 1950.
Denomination $1,000. Due on July
from

1

1951

coupon

to

1970

or

inclusive.

Principal and interest (J-J)

pay¬

able at the Marine Midland Trust

at

or

the

City Treasurer's office.

Legality approved by Wood, King
Dawson, of New York City.

June

1—v.

awarded

were

Denomina¬
tion $1,000. Principal and interest
(J-D) payable in New York City.
Legality
approved
by
Storey,
Thorndike, Palmer & Dodge, of
Boston.

to

NORTH DAKOTA

bonds

171,

p.

the

Sch.

2246—

American

Columbus Spec.

County,

No.

Dist.

(P.

34

Offering

—

Vance

Burn-

Co., and Paul Frederick &
Co., both of New York, jointly, as
1.90s, at a price of 100.28, a basis

field, District Clerk, will receive
sealed bids at the County Audi¬

of

tor's

about

1.85%,

as

follows:

$35,000 fire house bonds.
165,500 sewer and steet improve¬
ment bonds.

office,

Bowbells,

in

until

2

June 12 for the
purchase
of
$55,000
building
bonds. Dated July 1, 1950. Due on
p.m.

(CST)

on

July 1 from 1953 to 1970 inclusive.

34,500 water bonds.

118,500 school bonds.
OHIO

NORTH
*

.

Carolina

Bond

CAROLINA

Beach, TV.

Sale—The

the

Bank

4s.

v.":

offered

May 23

■

of

C.

yacht
bonds

awarded to

Carolina

Sale—The

Bond

$30,000

Beach,

as

7.'."-;.:' 7 ■•77-7

Henderson, TV. C.
Bond Offering—W. E. Easter-

sewer

May

171,

26—v.

the

to

$15,000
p.

storm

2146—were

First

National

Bank, of Barnesville.
Bettsville Local Sch. Dist.
Route

Bond

3,

,

Clerk

County (P. O.
Elyria), Ohio
Sale—The
$29,331

Bond

District

Sewer

River
fered

May

East
of¬

2146—

p.

awarded to the First Cleve¬

were

(CST)

Cleveland, as 13/4S,
at a price of 100.50, a basis of
about 1.66%. The second highest
Ryan,

Sutherland

Village

Clerk,

will

re¬

ceive sealed bids until noon (EST)

the

for

14

June

on

Education,

purchase

of

noon

on

$2,825, except

one for $2,850. Due
Sept. 1 from 1951 to 1973 in¬

clusive.

7-77.

■,

Wyoming

&

Loudonville, Ohio
Bond
Offering — Margaret

Weimer,

of

June 12 for the purchase
of
$65,000
construction
bonds.
Dated June 1, 1950. Denomination
on

land Corp., of

was

Grace Norvell,

—

Board

will receive sealed bids until

bonds

171,

25—v.

of the

Sch.
Bond
rane,

the

Village

•■

Dist., Ohio

Offering—Frances

Coch¬

Clerk of the Board of Edu¬

cation,
until

r

Exempted

will

receive
(EST)

noon

sealed

on

bids

June 9 for

purchase of $12,000 improve¬

ment

bonds.

Dated June

1, 1950.

$12,000 water works improvement
bonds. Dated June 1, 1950.
De¬

Denomination

nomination

sive. Principal and interest

$1,000.

Due

Dec.

on

1 from 1951 to 1962 inclusive.

Le¬

gality approved by Squire, Sand¬
ers & Dempsey, of Cleveland.
Village Local Sch. Dist.,

Dec.

from

1

$1,000.
1951

to

Due

on

inclu¬

1962

(J-D)
payable at the Clerk of the Board
of Education's office.

Legality

ap¬

proved by Peck, Shaffer & Wil¬

liams, of Cincinnati.

Ohio

improvement bonds offered

awarded

......

Lorain

Louisville

Barnesville, Ohio

^

revenue

were

(

Co., for 13/4S, at a price of 100.45.

O.

Columbus), TV. Dak.
Bond

Bond Offering

100.87.

June 1, 1950.

Dated

(P. O. Portsmouth), Ohio

Otis & Co., for l3/4s, at a price of

from 1970 to 1974 inclusive.

Burke

Trust

Legality approved by Vandewater,
Sykes, Heckler & Galloway, of
New York City.




to

bidder

Trey, TV. Y.
Bond Sale—The $353,500

offered

on

5,000 school bonds. Due on June 1

&

basin construction

ing 1950 bonds offered June

1970

1974 inclusive.

school

(J-D) payable at the United
States Trust Co., New York City.

Hempstead Union Free Sch. Dist.
v
No. 3 (P. O. Mineola), TV. Y.
Bond Sale—The $650,000 build¬

1 from

Due

000

a.m.

$152,000

June

June 7 for the purchase of $118,-

Co., of New York, New York City,

1.38%.

p.

—

(P. O.

Tiffin), Ohio

Sale Postponed—The

Bond

(EST)

noon

June

on

bids

14

1970

Dec.

inclusive.

terest
ter

and

1

from. 1951

the

to

Principal and in¬

(J-D) payable at the Har-

Bank & Trust Co.,

Billings,

until

for

purchase of $150,000 building cou¬
pon bonds.
Dated July 15, 1950.
Denomination
$1,000..-Due
on
1

OKLAHOMA

Mooth,

B.

of Education,

sealed

receive

-will

sale June

building bonds,
ling, Secretary of the Local Gov¬ of the $70,000
ernment Commission, will receive originally scheduled for June 9,
1— sealed bids at his office in Raleigh, has been postponed until June 23.

Offeringk-G.

Clerk of the Board

Canton.

Okla.

Bond Sale Details—The $10,008
water works

bonds purchased by

the Small-Milburn
as

2%s,

as

Co., of Wichita^

previously noted in

171, p. 2147—were sold at
of par,

a

v.

price

and mature on May 1 from

1953 to 1962 inclusive.

62

(2354)

The Commercial and Financial

Cleveland County Indep. Sch. Diet.
No.

Sale—The

ing

First

Bank

Trust Co., and

&

bid

the R. J.

the

to

reflecting

est bidder

and
bid

reflecting

Co., jointly,

interest

net

a

on

Due in 1953.
l%s. Due from 1954 to

IV2S.

as

75,000

as

bonds

Creek

County Indep. Sch. Diet.
(P. O. Sapulpa), Okla.
Bond Sale—The $55,000 build¬

awarded

No. 31

ing

offered May 16 were
to C. Edgar Honnold, of

awarded

a

bid

reflecting

a

1953

Bonds

bonds

and

County

Indep.

Sch.

Diet.

equipment

awarded

the

to

National

First

are

June

on

were

dated
1

Bank, of Holdenville.

June

1,

1950.

from 1952 to 1971

chaser.

Legality
approved
by
County Indep. Sch. Diet. Winfree,
McCulloch,
Shuler
&
No. 29 (P. O. Poteau), Okla.
Sayre, of Portland.
*•»",
Bond Sale—The $40,000 build¬
Condon, Ore.
ing bonds offered May 24—v. 171,
Bond Offering—Robert
Schmaltz,
p.
1934—were awarded to Evan
City Recorder, will receive sealed
L. Davis, of Tulsa; R. J. Edwards,
bids until
7:30
p.m.
(PDT) on
Inc., and C. Edgar Honnold, both
June 12 for the purchase of
$65,000
of Oklahoma City, jointly, on a
sewer system coupon bonds. Dated
bid reflecting a net interest cost
July 1, 1950. Denomination $1,000.
of about 2.19%, as follows:
Due on July 1 from 1951 to 1970
$15,000 as 2s. Due from 1953 to inclusive.
Principal and interest
1957 inclusive.
(J-J) payable at the City Treas¬
25,000 as 21/4S. Due from 1958 to urer's office.
Legality approved
1965 inclusive.
by Winfree, McCulloch, Shuler &
Sayre, of Portland.
Oeage County Indep. Sch. Diet.
Flore

No. 38

(P. O. Hominy), Okla.

Corvallis, Ore.

Bond Sale Details—The $120,000

building,

repair

Bond

bonds purchased by the City Na¬
tional Bank & Trust Co., of Kan¬

sealed bids until 11:30 a.m. (PST)
on
June 19 for the purchase of

City,

interest

on a

cost

$80,000
l%s, as

bid reflecting
of -about

a

l3As, and
previously noted

as

net

1.6%, for
$40,000 as

171, p. 2042—were sold at

in

v.

price

a

of 100.003.

$75,993.72

Bancroft

Improvement

bonds.

Dated June 15, 1950. De¬
nomination $1,000, except one for

$993.72. Due from 1951 to 1960 in¬
clusive.

Principal and interest
payable at the City Treasurer's of¬
fice.

Puehmataha

County

Independent
(P. O.
Rattan), Okla.:
Bond Sale—The $7,500 building
bonds offered May 3 were award¬
Sch. Diet. No.

1

Legality approved by Winfree, McCulloch, Shuler & Sayre,
of Portland.

awarded

to

171,

the

States

National

al

$150,000 notes
awarded

were

Sale—The

1950

p.

First

V-;

Malheur

other

bonds

offered

2s, at

as

the

■'

(J-D)

payable

First

V

National

'

Legality

Chester),
tal

County

approved

S.

composed

$50,000

Bond Offering—George L. Lam¬
bert, District Treasurer, will re¬

220,000

$450,000 hospi¬

Otis

&

of

(DST)
purchase of

p.m.

for the

provement

the

inclusive.

Principal
at

the

and

Mellon

13

ed to the Farmers Exchange Bank,
of Antlers, as 2s, at a price of
par.

.

Service
sealed

of

1

Commission
bids

at

Denomination$l,000.
1

the

will

office

from

1952

tg

Due

on

Pushmatah County Independent
School District No.
IS

(P. O. Nashoba), Okla.
Bond Offering—W. R. Tolbert,

Superintendent
receive

of

Schools,

will

State Bond
of

par,

as

previously

are

Bond

Offering

—

Maxwell

S.

Smith, City Auditor, will receive

the

price

2.05%,
171,

follows:

as

on

1955

75,000

as

2i/4s.

Due

June

1

inclusive.

on

1

1

from 1968 to 1970 inclusive.

bonds.

a.m.

Due from 1952 to

1975 inclusive.

287,000

sanitary

sewer

Due from 1952 to
sive.

425,000 storm
from

Tulsa

No.

1952

sewer

to

bonds.

1966 inclu¬

Bond

Offering

A.

—

L.

1968

Due

inclusive.

County Dependent Sch. Dist.
17 (P. O. Sand Springs),
Oklahoma

Bond Sale—The $8,000
building
offered
April
22
were

bonds

awarded

to

the

1

from

1952

First

National

Bank

to

1966

til

5

(DST)

p.m.

purchase

Principal and interest payable at
County Treasurer's office, or

the
at

the

fiscal

agency of

the

State

Mt.

1

school
to

ceive

bids

until

for the purchase of

June

Richland Twp. Sch* Dist.
(P. O.
R. D. Gibsonia), Pa. -

Sale—The

offered

Steele

May 25—v. 171,

awarded

a

to

5

100.52.

purchase

of

$150,000
school bonds. Dated June
30, 1950.

2V4S,

price

a

1

1956 inclusive.

Bonds

are

inclusive,

agency of the State in New York

due from 1953 to 1956

OREGON

.

Benton County Con. Sch. Dist.
No. 9 (P. O. 501 Madison
St.,

receive

sealed

bids

until

June

-Box 610, Corvallis), Ore.
Bond Sale—The

$400,000 build¬

ing bonds offered May 29—v. 171,




Portland.

Bond Offering—Walter A. Rohr-

Local

Sch.

Dist.

(P. O. Elmore), Ore.
Bond

Offering

Clerk of the

H.

J.

Buck,
Board of Education,
—

will receive sealed bids until

back, Borough Secretary, will
ceive

noon

(DST)
chase

on

as

2s*

sealed
on

of

bids

Bond Sale
school

—

Lincoln

June

$15,000

15

for

on

The

bonds^ffered

April 1
April

of
about 1.36%, for
2s, and $50,000 as l%s,
previously noted in v. 171, p.
2148, were sold at a price of pan
as

Newport, Tenn.
Offering — Wade

Giles,

Town Recorder, will receive seal¬
ed

bids until 2:30 p.m.
(CST)
June 15 for the purchase of

on

$110,-

000

electric

system

revenue, Se¬
ries B bonds. Dated March
1, 1950.
Denomination $1,000. Due on
Sept.
1 from

1952 to 1959 inclusive. Le¬

gality

approved

by

Chapman

Cutler, of Chicago.

&

<

Sullivan County (P. O.

'

Blountville), Tenn.
Offering — T. R. Bandy,
County Judge, will receive sealed
Bond

bids until 2 p.m.
(EST)

on July 7
$134,000 school
July 1, 1950.
De¬
nomination $1,000. Due on
July 1

for the purchase of
bonds.
Dated

cipal

interest (J-J) payable
Chemical Bank & Trust
Co.,

and

at the

New York

City.

White

highest bidder

Securities

Corp.,

$190,000 as-l%s.
from

1951

810,000 as~2s.

from

i

for

sec¬

Equitable

iy4S,

at

a

TEXAS

Bond

1—v.

Due

June

on

1955

Cameron,

1

$1,000,000

June

Due

to

was

1

Co., Rand & 4Co., all of New York,
£$w & Co., of Spartan¬
burg, jointly; .at a price of par, a
basis of about 1.98%, as follows:

by

June

R.

A.

Texas

,

Details—The

$425,-

Underwood

& Co., of
reflecting a net
interest cost of about
2.64%, as
previously noted in v. 171, p. 1832

Dallas^

on

a

sold

—were

$324,000

bid

as

follows:

23/4s,

as

from

1952

to

due

on

1974

May

1

inclusive,

and

$101,000 as 2y2s, due on
May 1 from 1975 to 1978 in¬

1

inclusive.

on

Sale

000 water revenue bonds
purchased

clusive.

1

Dated

May

1,

1950.

Denomination $1,000.

JJ|56 to 1970 inclusive.

Houston, Texas
SOUTH DAKOTA

Plans $22,000,000 Revenue Issue
—The city plant to issue
$22,000,000 water revenue bonds.

Freeman, S. Dak.
Bond

Sale—The

$23,000 water,
May 26

1950 series bonds offered
were

awarded

State

Bank,"of Freeman.

Bonds

are

to

the

dated

2

from

1952

to

Merchants

Due

1963

1,
on

1950.
Jan.

inclusive.

Principal and interest (J-J) pay¬
able at the City Treasurer's
office.
Rapid City,
Bond Sale—The

the

pur¬

offered May 25—v.

Mayor

Oscar

S. Dak.

Holcombe "has

that the
action

issue

July

Denomination $1,000.

re¬

obliga¬

cost

1.19%. The

and A. M.

pjm.

general

tion coupon bonds.

County (P. O. Fayette-

■.:»

terest

ond

171, p. 2147,r-jf: were awarded to
Shields &
Eastman, Dillon &

8

until

bid reflecting

price of 100.10.

Due

County Sch. Dist. No.
(P. O. Columbia), S. C.

5

City, at the option of the purchas¬ for the purchase of $35,000 gen¬
Legality approved by Winfree, eral obligation coupon bonds.
McCulloch, Shuler & Sayre, of
Womelsdorf, Pa.
Harris-Elmore

13/4s. Due

Richland

of

er.

v

as

v.;";:;

& Trust Co., of Oklahoma
South Greensburg (P. O.
Due on June 30 from 1951 to 1965
City, and Associates, as follows:
Greensburg), Pa.
inclusive. Principal and interest
$2,000 as 2s. Due in 1953.
Bond
Offering — George W.
(J-D)
payable
at
the
Couhty
6,000 as l%s. Due from 1954 to Treasurer's
office, or at the fiscal Goulding, Borough Secretary, will

on a

Corp.,

net interest cost of about
1.99%.

a

from 1959 to 1973 inclusive.

Cunningham

at

second

Equitable Se¬

Robinson-Humphrey

750,000

of about 2.15%. The second
high¬
est bidder was S. K.
&
Co., for

the

p.

Pauset,
Co., of Pittsburgh, as
price of 100.59, a basis

&

2V4S, at

$75,000 school

Bond Offering — Ruth
Miller,
District Clerk, will receive sealed
bids until 8 p.m. (PST) on June

for

curities

The

was

to

from 1953 to 1956 inclusive.

12

$18,000 school

coupon bonds.

1.98%.

highest bidder

Blyth & Co., of
Equitable Securities

York,

100,000

Twp. Sch. Dist. (P. O.
Pleasant), Pa.

sealed

Bond

awarded

in 1957 and-4958.

Offering—Andrew HarDistrict Secretary, will re¬

the

County (P. O.
Sparta), Tenn.
Co.,
Bond Sale —The $70,000
school
of Atlanta, and A. M. Law
& Co.,
bonds offered May 26—v.
of Spartanburg,
171, p.
jointly, at a price, 1935—were
awarded to the Her¬
of 100.002, a basis of about
2.01%, mitage Securities
Corp., of Nash¬
as follows:
ville, as IV4S, at a price of 100.10,
$150,000 as 4s.
Due on April 1 a basis of about

1970

Bond
van,

were

July 1, 1950.

July 1 from 1952

on

2043—were

Harney County Sch. Dist. No.
(P. O. Burns), Ore.

$285,000

coupon bonds. Dated

City, at the option of bonds

the purchaser.

June 27 for

on

of

revenue, Series C bonds
offered May 31—v.
171, p. 2147—

Corp.,

Bond Offering—Ruth l.
Himler,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬

to

from 1951 to 1953 inclusive. Prin¬

*

Sale—"tfte $1,000,000 water

Bond
works

New

Latrobe Sch. Diet., Pa.

Loerts,

inclusive.

general

coupon bonds.

Douglas County Sch. Dist. No, 130 inclusive.
(P. O. Sutherlin), Ore.
Mt. Pleasant

in New York

bonds.

$82,000

obligation

Due

District

Greenville, S. C.

ceive sealed bids until June 8 for
the purchase of

the

June

Clerk, will receive sealed
(CST) on
bids until 8 p.m.
(PDST) on June
June 14 for the purchase of $5,12 for the
purchase of $105,000
462,000 bonds, divided as follows:
school bonds. Dated
July 1, 1950.
$4,750,000 water works improve¬
Denomination $1,000. Due on Jan.
ment
sealed bids until 10

zey,

v.

as
2s.
Due on June
from 1956 to 1967 inclusive.

inclusive.
Okla.

in

Due

to

a

300,000

due from 1953 to 1959

TuUa,

1951

by

about

noted

l3/4s.

as

from

sealed bids until

Bonds

of

2147—were sold

p.

$125,000

June 15
for the purchase of $6,500
building
bonds.

Commission, at
basis

a

$500,000

of about

June

1970 inclusive.

Principal and Merest (J-D) pay¬
able at the office of the
Guaranty
Trust Company, New York
City.
Legality approved
by
Sinkler,
Gibbs & Simons^ of Charleston.

Bond

Offering—Ralph P. KinBorough Secretary, will re¬

awarded

were

Bank, of Memphis,
reflecting a net interest

bid

a

>

the

Geistown, Pa.

County, County Sch. Dist.
O. Prineville), Ore.

—

as

June 1 from

on

County Treasurer, until
(EST) on June 14 for the
purchase of $400,000 water works
system bonds. Dgted June 1, 1950.

interest

& Trust Co.,
Wilmerding.
Legality approved by Burgwin,
Churchill, Ruffin & Hazlett, of
Pittsburgh,

(P.

Bond Sale Details—The
school bonds purchased

on

cost

noon

Dated

Bank

June

on

1969 inclusive.

Public

im¬

National

2s. Due

receive

July 1, 1950. Denomination $1,000.
Due on July 1 from 1952 to 1969
payable

Due

,

Crook

1935

$25,000

Chester), S. C. ■;
Offering—The Great Falls

Bond

bids

$50,000

bonds.

coupon

L.

June

on

)

$572,000 school
May 29—v. 171,

offered

Bond

School

sealed

June 1 from

on

Chester County, Great Falls Public
Service -District (P. O.

McKeesport Sch. Dist., Pa.

receive

as

1966 to

1952 to 1977 inclusive.

will

Due

I3/4s.

as

180,000

equipment bonds. Dated
July 1, 1950. Due on July 1 from

Secretary

6s.-

to 1954 inclusive.

from 1955 to 1965 inclusive.
•

tion and

8

as

1951

ceive sealed bids until June 27 for
the purchase of $775,000 construc¬

until

j

.

/
ville), Tenn.
Corp., of Greensboro, and Frank
Bond Sale Details—The
S. Smith &jCo., of
$75,000
Columbia, at a
price of 10Q.01, a basis of about Bridge, Second Issue bonds pur¬
chased by the Equitable
Securities
1.98%, as follows:
Corp., on a bid reflecting a net in¬

PENNSYLVANIA

R.

to

First National

Co.,
Inc., Paul^Frederick & Co., both
York, J. Lee Peeler & Co.,
of
;
Durham,
Vance
Securities

Cheltenham Twp. Sch. Dist. (P. O.
Elkins Park), Pa.

Offering—Charles

on

April 1 from 1951

County (P.O.
Pulaski), Tenn.

,.

Bond

on

Giles

of New

by

(CST)

1,

1950. Due

p.

C.

of

noon

Bond Sale—The

bondsjaffered May 29—v. 171,
2147—were awarded to a syn¬

dicate

Charles W. Swan, of Vale.

East

bids until

1965 inclusive.

CAROLINA

Bond Sale—The

p.

'

June 17 for the purchase of
$45,000 road bonds. Dated
April

Bank, of Bos¬

Chester County (P. O.

agency of the State in New York

City.

er,

sealed

bonds

at the fiscal

or

1950.

•

SOUTH

O.

Pikeville), Tenn.
v
Offering—Wade H. Farm*- \
County Judge, will receive

Boston.

interest

the

at.

Treasurer's office

1,

Legality approved by Ropes,
Gray, Best, Coolidge & Rugg, of

1951 to 1962

and

June

ton.

bids until 8 p.m. (PST) on
June 9 for the purchase of $15,000
school bonds. Dated June 1, 1950.

Principal

Bledsoe County (P.
Bond

dated

are

sealed

inclusive.

TENNESSEE

were

Principal and interest payable at

baugh, District Clerk, will receive

1 from

1

was

price of 100.13.

a

Corp.,
price of 100.59, a basis

a

Bonds

County Grove Sch. Diet.
Vale), Ore.

June

at

of

Denomination $1,000. Due on June
1 from 1951
to
1965 inclusive.

Bond Offering—Alice P. Sham-

on

Act

June

bonds.

sewer

1.90s,

$150,000 high¬

purpose,

>4

The second highest bidder
Kalman & Co., for 2s and

of about 1.91%.

No. 24 (P. O.

Due

100,000

awarded to the First Boston

price of

a

and

City, as 1.90s, at a price
100.13, a basis of about 1.88%,

$150,000 water works bonds.

to

i

v

.

Monday, June 5, 1950

.

follows:

as

Bank, of Providence, at 0.65%
Bond

Bank,

100.37.

Rasel,

ville, City Recorder, will receive

The

—

May 22

.

Rapid
of

1.

R.

the Rhode Island Hospital Nation¬

&

>

$18,000 school

Portland, for 2%s, at

Offering—George Simer- Board,

furniture

and

Sale—The

bonds offered May 24—v.

all

Principal and interest
(J-D)
payable
at
the
County
Treasurer's office, or at the fiscal
agency of the States in New York
City, at the option of the pur¬

1716—were

p.

as

Sale

way

2042—were

May 22—v.

inclusive.

offered

bonds

171,

a

Due

32

rejected, due
legal technicality.

Bonds

Holdenville), Okla.

25—v.

offered

ap¬

O. Camp Sherman), Ore.

Bond

$23,000

2147—were not sold

p.

bids received

Bond Sale—The $7,500 building

April

Sold—The

Note

offered

inclusive.

United

171,
to

No. 6 (P.O.

Not

a

ISLAND

Cranston,

Bank, of Portland, as
2V2s and 2%s, at a price of par.
The second
highest bidder was

National

33/4s, at

as

RHODE

pur¬

National

were

school

to

1963 inclusive.

Hughee

First

the

Jefferson County Sch. Diet. No. 41

school

County Sch. Dist. No.
(P. O. Delena), Ore.

Associates, on
net interest

from

due

are

the

for

discount.

cost

Columbia

cost of about 2.36%.

Bonds

to

Bank, of Portland,
price of par.

bonds

Oklahoma City, and

sas

1972

(P.

Sale—The $27,000
offered
May
19

19

$65,000

Legality
proved
by
Squire,
Sanders
Dempsey, of Cleveland.

County Sch. Dist. No. 13
O. Rainier), Ore.

(P.
Bond

inclusive.

1958

Le

to

of about 1.61%.

Columbia

of

building bonds.
Dated July 1, 1950. Denomination
$1,000. Due on Nov. 1 from 1951

The second high¬
Foster & Marshall,

&

June

on

chase

net interest cost

a

was

Kalman

(PST)

syn¬

follows:

$15,000

a

Bank,

a

by the First Na¬
of Portland, on a

of about 1.47%.

Edwards, Inc., both of Oklahoma
City, jointly, on a bid reflecting a
net interest cost of about 1.72%,
as

headed

tional

22 were
National

May

offered

bonds

awarded

2147—were awarded to

p.

dicate

(P. O. Moore), Okla.
$90,000 build¬

2

Bond

.

San

by

announced

City Council has initiated

on

for

the proposed
$22,000,000
the construction of the

Jacinto

Reservoir

approving

a

and

Dam,

contract

with

Wainwright, Ramsey & Lancaster,
municipal

finance

consultants of
City, to work out a
preliminary plan for the financ¬
ing.
-D,
.
Mayor Holcombe also stated that
New

York

.

$250,000 bonds
171,

p.

2147—

were
awarded to the First Na¬
tional Bank of the Black
Hills, of

with the approval of the
prelimin¬
ary

plan,

within 30

which

days,

a

will be ready
special election

olume

called

be

~\l

Number 4913

171

contract

the

The Commercial and Financial Chronicle

voters

bonds
It is possible that

be issued.

ill

if

and

the plan

pprove

...

for

revenue

the

construction

be let sometime in the fall of

ay

his

The

year.

explained

Mayor

hat the proposed issue will conist of revenue bonds to be retired
rom

derived

revenues

of 99.25,
as

$305,000

Mission, Texas
Bond Offering—V. D. Anderson;

2^s.

Due

of

2s.

as

Due

June

on

2V4S.

as

Due

lo,

<

Bond Sale—The $4,000,000
power

light

ids

until..

une

1 for the

7:30

(CST)

p.m.

on

purchase of $50,000

treet improvement coupon bonds,
ated June 1, 1950.

1,000. Due

June 1 from 1951

on

inclusive.

1960

o

Denomination

nterest

Principal and

(J-D) payable at

a

bank

egality

approved

arkhurst &

McCall,

by

Crowe,, of Dallas.

VERMONT

Fairlee,
Bond

composed

000

Tacoma, at

$2,000,000 Series A

Vt.

000

S. Titus,

to

1960

by Peter Giuliani, of Montpelier.

and

until

bids

Jur

2

5 for the

e

on

purchase of $90,000

June

on

1 from

1954

June

1

to

from

from

Jan.

1961

$420,000
and

$470,000
1

payable at the National Shawmut

1 from 1970 to

Storey,

by

Falls

Thorndike,

Church,

and

divided

receive

17,000

at the
option of the holder, at the prin¬
cipal office of such bank or trust
or,

report

a

on

the

221

tl79

180

168

tl75

176

164

tl43

118

136

tl38

113

131

226

208

3s.

April

on

15

Due
to

April

on

1970

Total

debt, <

Dated
tion

Freight

Due

School

June

$1,000.

May

l

were

Co., of

price
April 1 from 1951

on

a

June

Principal

May

21

from

1

3s. Due

on

3y4s.

1

The $392,000 con¬

—

offered
to

Corp.,

the

A.

May

22

Dominion

E.

Ames

&

Canadian

Bank

of

1951

Due

to

May 15

on

inclusive.

1960

Dated

3s.

as

1961

Due
to

May

on

1970

Pacific

and

National

Seattle, jointly,

on

a

Bank,

_

_

_

E-1942

and

will not

a

net

Factory

bonds

necessarily add

to

offered

tAmount

tAmount.

of

Co., of

Chicago,
St.

PRODUCTION

Without

Adjusted for
-1950

Mar.'

MANUFACTURES
Iron

Seasonal

steel

and

Feb.

Paul,

Shaugnessy
Grande

and

Seattle, jointly, at

a

&
&

price




Mar,

201

205

233

1949
Feb.

Mar.

Mar.

201

205

Adjustment

-1950-

1949

233
221

Pig iron

175

175

221

175

175

Steel

243

238

264

243

238

264

180

181

202

180

181

202

'

Open hearth

691

639

706

691

639

706

Machinery

t243

237

252

$243

237

252

t217

211

240

$217

211

240

tl91

183

'204

$191

183

tl94

188

183

$194

t206

202

210

$207

tl90

-183

172

$190

183

172

Electric

Lumber

products

refining
_

Redeemed

Outstdg.

$2,980

$107

763

11557
443

$3,867

$1,107

137

124

$137

119

110

Goat

150'

181

185

211

208

157

160

171

157

171

$152

149

163

142

$173

179

y

179

142

138

144

346

357

275

159

122

«

159

122

115

113

«

118

102

99

*

kid

112

110

144

357

*

leathers

♦

85

•

89

113
99

121

*

110

*

89

»

90

91

y

109

80

•

leathers—

lamb

78

79

92

89

100

76

123

*

fruits

124

$148

145

112

113

$106

113

111

151

153

11147

144

141

$155

154

151

145

$174

;

170

136

154

$35

86

$179

veg—

169

$155

foods

and

*

162

$159

manufactured

123

161

$109

flour

124

$166

food products

179

151

$179

179

151

203

205

163

205

203

163

85

102

98

99

102

98

99

$166

169

153

$169

167

156

163

Printing and publishing
Newsprint consumption

-

169

151

170

166

157

213

77.74

Amt. Issued

...

E-1949

Series

E-1950

1,112

$208

204

$208

204

213

$176

174

169

$176

174

169

Fuel oil

$183

187

*

186

$183

187

186

•

124

y

178

124

178

*

127

Petroleum

and

coal

products..

Coke

By-product

7,036

3,077

3,959
5,526
6,152

$247

51.89

_

_

__

A-E

_

F

Series

F

and

G-1942

Series

F

and

and

28.41

804

3,373

Series

F

and

G-1944

Series

F

and

G-1945

Series

F

and

G-1946.

Series

F

ana

G-1947..

F

and

Series

F

and

F and

G-1941

....

_

.

_

__

1,137

2 66

$61,520

$27,073

$34,447

$30,939

$35,554

46.53

1,247

Bituminous

_

_

.

(4 months).

300

424

427

$428

424

427

Series

F

and

196

182

$196

196

182

118

137

$148

118

137

43

85

141

43

85

38

93

Crude

108

Iron

:■

93

65

52

108

65

52

$151

petroleum.

38

149

155

163

$151

155

163

$116

117

129

$80

80

93

$64

64

110

■

ore

*Dat£^ not yet available.

24.(8

IIRevised.

tPreliminary.

22.80

2,581

3,732

748

2,984

524

2,645

16.54

3,004

436

2,567

14.51

300

2,293

11.57

142

2,895

4.68

36

1,635

2.15

697

*

6S7

CARLOADINGS

FREIGHT

20.04

"3,163

$26,030

G

139

149

coal.

Anthracite

19.34

2,492

823

1,546

1,671

._

_

_

-

G-1949

G-1950

299
736

3.404

3,037

..

__

145
355

141

Coal

44.01

2,594

..

.

G-1948

_

$148
$350

$196

products

Fuels

19.25

31

3,228

G-1943.

248

139

300

.

MINERALS

and G:

Series

$250

147
355

35.11

$66,493

__

319

$428

chemicals

Metals
Series

21
250

$148

Rubber

•

43.23

3,042

4,177

..

months)

E

2,544
2,685

1,207

1,167

.

(4

1,937
1,453

4.249

...

247

173

$193

319
245

53.13

4,918

21

127

$148

Industrial

51.23

5,806
5,304

«

$350

43.73

6,975

«

173

$193

30.06

4.431

_

_

Series

478

4,138

-

_

(1935-39

average

=

100)
Without

Adjusted for
Seasonal Variation
1949

1950
Mar.

Feb.

$4,046

$22,035

98

153

15.51

—55

Mar.

Feb.

Mar.

Mar.

46

79

139

46

79
175
128

139

Coal

Seasonal Adjustment
1949
1950

143

122

174

144

130

Grain

126

113

139

116

111

redemptions.

All

series—Total

Total

matured

unmatured

_

Grand Total

♦Less

than

—

....

—

._

$500,000.

$ Includes

67

65

77

53

52

61

Forest products—_

Unclassified sales and

.1

120

120
275

»

leathers

and

173

$187

*

kip

and

$174

195

*

products
Tanning
and

150

194

138

textiles

Calf

173

346

Leather

21.87

$149

119

tl73

products
consumption
deliveries

Newsprint

57.80

124

129

192

and

Other

96.53

150

V

$158

Clay products

Rayon

2J0

tl74

Cement

Cotton

183

202

tl96

clay & glass products—

Textiles

204

188
*•

11138

tl57

products

Furniture

Stone,

-V ;:

tl49

and

Lumber

Meatpacking

Redeemed ol

$3,087

May 31—

171, {x 2248—were awarded to
Blyth & Co., M. B. Vick & Co.

index

payrolls

and

average =100)

Seasonal Variation

totals)

10,222

_

_

E-1943

Series

adjustment,

seasonal

Coke

v.

both

without

(1935-39

Paper and products
Paperboard

11,333
_

E-1947

Total

Sale—The $925,000 sewer

revenue

index,

employment

compiled by Bureau of Labor Statistics.

Shoes

13,128

-

E-1946

Olympia, Wash.
Bond

_

_

E-1945

Series

of about 1.75%.

.

E-1944

Series

/

and minerals
multiply dur¬

contract indexes based on three-month moving averages, centered at
month, of F. W. Dodge data for 37 Eastern States.
To convert indexes to
figures, shown in Federal Reserve Chart Book, multiply total by $410,269,009,
residential by $184,137,000 and all other by $226,132,000.

15

May 15, 1950.

1,590

_

E-1943

Series

Series F

tEstimated.

Construction

Paints

Series

bid reflect¬

interest cost of about
1.71 %, The second highest bidder
was Slate Finance Committee, on
a bid
eflecting a net interest cost
ing

A-D

E-1941

Series

of

254

287

convert durable manufactures, non-durable manufactures,
points in total index, shown in Federal Reserve Chart Book,

Chemical products

First

224
268

«

value

E:

Scries

Total

$256

To

Sheep

$4,974

_

_

_

Series

Series

Peoples National Bank, of Seattle,
National Bank, of Portland,

$Preliminary.

Beehive

the

279
282

111'

second

inclusive.

567

D-1941

Series

to

280
279

to

Wool

2%s.

as

1,320

D-1940

Total

96

Gasoline

Series

King County, Renton Sch. Dist.
No, 403 (P. O. Seattle), Wash.
Bond Sale—The $300,000 school
bonds offered May 26—v. 171, p.

120

.379, non-durable by .469, and minerals by .152.

and
Fabricating

follows:

as

from

rounded

Series

Series

120

able by

Smelting

Through April 30, 1950

A-1935 to D-1939 (matured)

Total

145.3
332.8

Nonferrous metals and

May

1, 1950.

the

and

from

inter¬

Series

ap¬

139.9

Transportation equipment
Automobiles (lncl. parts)

on

1952 to 1970 inclusive.

bonds

137,500

—

141.7

137.6

330.1

indexes

May 1, 1951.

Due

Savings Bonds Issued and

millions

in

tl39.7
tl41.0

104

*

Cattle hide leathers

and

145.6

$274

were

Series A-D:

Series

awarded

yet available.

Sch. Commission, Que.
— The
$30,000 school

as

$254,000

1, 1950. Denomina¬

(Dollar amounts

Series

were

not

Processed

WASHINGTON

—

carloadings

averages.

v

Commerce, all of Toronto, jointly,
at a price of 98.70, a basis of about

on

improvement

on

143.4

140.2

127

Department store stocks, value

Wheat

and disbursements.

2043

—

Department store sales, value—

15

139.6

141.3

t

$333.8

„

payrolls, total

Manufactured

collections and receipts

ax

1T41.3

Nonagrlcultural
factory

♦Data

Catholic

awarded

were

Issued

plication to his office.
The re¬
port includes latest official fig¬
ures on assessed valuation; bonded

:

inclusive.

3s and 3V2S, at

Securities

tAmount

upon

value—

to the

struction

1951 to 1966 inclusive.

financial

obtained

contracts,

Total

condition of the county, copies of
which may be

—

$265

rerceni,

Issue d—J

190

204

212

Bond Sale

bids

3.05%,

street

bonds.

Wysor, Treasurer, has just

issued

City

(P. O.
V a.

Report

189

$211

Employment—

Commission, Que.

clusive.

160,000

Redeemed

Frank

tl91

223

266

as

*y.

Co.,

United States

Pulaski),

193

2C7

t270

1961

from

1966 in¬

City. Legality approved by Haw¬
kins, Delafield & Wood, of New
York City.

Financial

192

t212

AH other

awarded to

were

St.'HyacinthcCatholic School

Due

company, having its principal of¬
fice in Richmond or New York

Pulaski County

tl94

176

Dated May

to

181

136

Goeffrion, Robert
Gelinas, Inc., of Montreal, at a
price of 98.09, a basis of about
3.75%, as follows:
$13,000

1951

from

1

1949
Mar.

177

tl83

Manufactures—

&

1

bonds.

sewer

June

184

232

offered

as

sealed

Adjustment
Feb.

Mar.

t282

inclusive.

bonds

follows:

as

$200,000

interest (J-D) payable
at the American Security & Trust

Co., Washington, D. C.,

will

181

tl86

Mar.

130

1951 to 1960 inclusive.

awarded

a.m. (CST) on June 14 for
purchase of $360,000 bonds,

the

cipal and

Total

Feb.

260

Faustin

1 and July

Wis.

Mar.

„

INDUSTRIAL

until 9

to 1975 inclusive. Prin¬

production—

Bond Sale

1975 inclusive.

Bond Offering—O. E. Oien,

Clerk,

Va.

Industrial

1950

$268

as

1970

St.

July 1
inclusive;

$840,000

Jan.

on

Eau Claire,

Offering—Harry E. Wells,
City Clerk, will receive. sealed
bids until 8 p.m. (DST) on June
14 for the purchase of $700,000
school 1950 coupon or registered
bonds. Dated June 1,1950. Denom¬
ination $1,000.
Due on June 1
from 1951

to

l3/4&

Jan.

Without
Seasonal

1949

Residential

of 98.85. Due

Jan. 1

on

series.

Seasonal Variation

• ■

extension bonds

sewer

offered

Ottawa,

WISCONSIN

Palmer & Dodge, of Boston.

Bond

...

.

228

awarded to F. J. Simard &

ap¬

VIRGINIA

i i

.

1950

April 15, 1950.

bonds

and

2s, due

as

inclusive,

proved

as

July 1 from 1967 to 1969

2V4S, due

Legality

K

t272

Commission, Que.
$180,000 school

July

as

1966

to

Dated June 1, 1950. Denomina¬

Boston.

V: '

175

Malartie

July 1 from 1957 to 1960
on

contracts;

other

Adjusted for
•

inclusive;

3s, due

as

tion $1,000. Principal and interest
of

and

all

263

Bond Sale—The

1970 to 1975 inclusive.

inclusive;

1954 to 1958 inclusive.

Bank

1

construction
for

NOTE—Production, carloadings, and department store sales Indexes based on daily

inclusive;

$840,000

Jan.

100

=

j

payrolls;

and

t269

as

Dated

on

and

due

on

and
on

for

100

=

average

INDEXES

employment

Total

2%s. Due

from

as

$120,000

15,000 water and sewer extension
Due

35,000

1 from 1952 to 1956

1966 inclusive.

bonds.

1966

for

Construction

as

from

on

1957

as 2s, due on Jan. 1
July 1 from 1967 to 1969

1 from

$75,000 street improvement bonds.
Due

to

average

1935-39

with

The indexes for March together

BUSINESS
average =100

1923-25

System issued

production, factory

follow:

year ago,

1939

Factory

2,000,000 Series B bonds: $150,000
as 6s, due on Jan. 1 and July

bonds, divided as follows:

coupon

1961

2V4S, due

J. Simonds,

(DST)

from

a

Minerals

follows:

as

$24,000

Jan. 1 and July 1

on

inclusive,

p.m.

3s, due

as

July 1

month and

Reserve

industrial

Durable

—

May 22

$420,000

Vt.

Treasurer, will receive seal¬

3.04%,

and

1

inclusive;; $470,000

:13/4s, due
from

ed

and

1

July 1 from 1951 to
1970 inclusive. Legality approved

Bond Offering—W.

$150,-

Jan.

on

clusive; $120,000
Jan.

on

Rutland,

bonds:

6s, due

as

a

SECTION

Casgrain & Co., of Montreal, at a
price of 99.03, a basis of about

July 1 from 1952 to 1956 in¬

bonds.

coupon

July 1, 1950. Denomination

$1,000. Due

price of 100.00002,

a

employment and payrolls, etc.

Federal

of

Granby, Que.
The $59,000 water

Bond Sale

&

basis of about 2.18%, as follows:

purchase of $33,-

refunding

ated

Newton

indexes

monthly

Nondurable

offered

M.

its

receive

QUEBEC

Milwaukee,

works and

a

Offering—Anna

12 for the

of

Co., of Chicago,
Son & Co., of
Seattle, and McLean & Company,

E.

Treasurer, will receive sealbids until 8 p.m.
(DST) on

une

Co.,

will

27

Total

CANADIAN

Paul H. Davis &

own

d

of

Blyth & Co.,
Glore, Forgan & Co., both of New
York; Dean Witter & Co:, of San
Francisco, Harris, Hall & Co.,
Weeden & Co., of San Francisco,
J .C. Bradford & Co., of Nashville,
Milwaukee

The Board of Governors of the

April

on

general

of

be designated by the purchaser,

o

cate

syndi¬

a

Clerk,

63

Federal Reserve March Business Index

Co., both

hospital
addition
bonds. Dated July 1, 1950. Denom¬
ination $1,000. Due on July 1 from
1951 to 1970 inclusive.
Principal
and interest (J-J) payable at the
County Treasurer's office.

bonds offered May 29—v. 171, p.

2043—were awarded to

County

000

,

ity Secretary, will receive "sealed

Trust

sealed bids until 2 p.m. (EST) on
June 15 for the purchase of $176,-

1950 callable

revenue

&

Eau

(P. O.
Marinette), Wis.
Bond Offering—Geo. E. Costel-

1

from 1972 to 1980 inclusive.

Tacoma, Wash.

Union

Marinette County

June

on

the

at

at the American

or

Claire. Legality approved
by Chapman & Cutler, of Chicago.

1

from 1964 to 1971 inclusive.

and

payable

National Bank

June 1

on

from 1952 to 1963 inclusive.

360,000

(J-D)

National Bank

as

260,000

ater system and will have no efect on the city's tax rate.
■'

est

follows:

the

from

basis of about 2.22%,

a

(2355)

123

119

117

123

115

117

Ore

134

156

236

Miscellaneous

134

130

138

53

52

Livestock

3,087

2,980

107

96.53

89,585

32,158

57,427

35.90

$92,672

$35,138

$57,534

37.92

accrued

discount.

tCurrent

redemption

fiIncludes matured- bonds which have cot been presented for payment.

Merchandise,

I.C.L.

NOTE—To

value
In

convert coal and miscellaneous

Federal Reserve Chart Book,

indexes

60

to

68

39

39

127 ;>■■■

122 \

54

51

131

•

61

points in total Index, shown

multiply coal by .213 and miscellaneous

by .548.

64

The Commercial and Financial Chronicle

(2356)




hp Management:

YOUR BOOST IS NEEDED MOST
THIS

CAMPAIGN TO

The

BUILD

E
INDEPENDENCE

period May 15-July 4 marks an
important campaign to strengthen the
financial
independence of the nation's

doesn't have the
Payroll Savings Plan, now's the time

people—and there's nothing of

shows that

basic

importance

to your own

more

and

your

company's future than the country's
economic

the

[well-being! What's

more,

and other leaders of industry

you

men

who will be the

ciders of the

success

are

If your
company

as

in

campaign.

For this is

theTreasury Department's
Independence Drive to increase pur¬

inclined

it!

(A nation-wide

people
to

If your
company
now's the time
hind it!
in

to

money

other form

good "employee

does have the Plan,

up money

more secure...

actually better workers. Moreover,
a

backlog of future

purchasing power—good "business in¬
surance" for all of us in the
years
The

Th9

any

Employees who pile

Bond sales build

Series E Bond sales.

extra

put extra push be¬

Savings Bonds feel

are

operated by 21,000 companies, is re¬
sponsible for the greatest share of

in

survey

than twice

provide this convenience.)

chases of United States

Savings Bonds.
Payroll Savings Plan, now

as

of investment. So it's

And

the

are more

invest their

Savings Bonds

relations"to

principal de¬

of this

install

to

ahead.

Independence Drive will be

powerfully promoted throughout the
nation
by radio, television, publication

advertising, posters, car cards, and spe¬
cial ceremonies. The

Bond-conscious

extra

riod. Make

sure

quately informs

your

an

official U. S.

employees that

buying is available through
Savings Plan.

your

Pay¬

roll

This is
your country—
Drives

Help

material and assistance
available

and it's your

to put it over! All the

from

your

you

need

are

State Director,

Savings Bonds Division, U.S.Treasury
Department. Remember—employees
appreciate Payroll Savings.

Treasury Department acknowledges with appreciation the publication of this

message

by

o
CO

%
c!u

is

pe¬

ade¬

your company

the convenience of "automatic" Bond

THE COMMERCIAL AND FINANCIAL CHRONICLE

This

public will be
during this

LMl

Treasury advertisement prepared under the auspices of the
Treasury Department and The Advertising Council.

is
.$•

...

Monday, June 5,

19^