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ISSUE MONDAY ,1, Reg. U. S. Pat. Office New Number 4997 Volume 173 :'vf RAILROAD - Price 90 Cents York, N. Y., Monday, March 26, 1951 PUBLIC UTILITY INDUSTRIAL - INSURANCE - *■ proposal to increase the authorized capital stock (par $10) from 120,000 shares to 300,000 shares. The company plans to pay a 50% stock dividend.—V. 167, The stockholders on March 30 will The - . . Inc.—Carries Airlines, American —V. total a February. Stock and Bond Compared of increase in 50.9% miles. air express passenger Air - . mail, both February over this January months is also over New York Stock Exchange registered heavy gains, the record month of year are up Los — Stock Exchange Detroit American fills the vacany left at the first of the year resignation of Ben Wright to become an executive of Field & magazine.—V; 173, p. 961. appointment by the Stream Montreal Curb Exchange American Gas & Electric *. received by be the Stock Exchange March price is to be are held then shares to be determined by the company; and purchased by underwriters at competitive Toronto Over-the-Counter Transactions New Transactions New I .v ": Corp., Evanston, Oversubscribed—The first public f ; *• ' , •,. • This $22,435,325 $18,888,635 :— 14,728,169 4,551,106 —. . - $2,871,955 "815,499 1058. Inc.—Calls Preferred Stock— called has its all at $10.50 per share, stock, 13,093.393 2,923,287 $3,156,061 *448,240 __ 34,745 outstanding shares of plus 30 cents accrued dividends surrendering their shares to the Marine National Exchange Bank, Milwaukee, Wis., after April 1 will receive the $10.50 per share, plus accrued dividends.—V. 171, p. 1985. Investment News.Cover 53 The Course of Bank Clearings. 44 Redemption Calls and Sinking Fund Notices—45 Dividends Declared and Payable 45 Foreign Exchange Rates 45 Combined Condition Statement of Federal Reserve Banks 45 Condition Statement of Member Banks of Federal Reserve System 45 State and City Bond Offerings.^ this corporation, was made on March 20 of common stock, $4 par 1951 1950 $22,559,328 $18,960,544 124,003 71,909 - 173, p. company preferred General Corporation & 111.—Stock revenue——- i Ampco Metal, L * --- — charges • after "Deficit.—V. ; : . ' - Net operating income Net of as distribution of secur¬ instalment payment plan. PROCEEDS—Net proceeds from the sale, representing new financing, will apply to the retirement of $1,600,000 of bank loans, incurred to finance expansion of the corporation's business, provide an estimated $500,000 for expansion of physical facilities of the corporation and subsidiaries, and supply funds for corporate purposes. BUSINESS—Corporation, which was organized in 1922 in Illinois, >."fs a leading distributor in the United States of supplies, equipment and furnishings required for the operation of hospitals and similar institutions. It also distributes intravenous solutions and certain EARNINGS OF STATEMENT January— of Operating expenses Operating taxes Miscellaneous Features Lsale of 150,000 shares - war Operating revenues L_ Uncollectible operating * with the value, at $22 per share. Harris, Hall & Co. (Inc.) and Union Se¬ curities Corp. are managers of the underwriting. This offering was oversubscribed and the books closed. The company is also offering 25,000 shares of common stock to certain of its employees at $20.25 per share, to be paid ities by last Operating revenues 42 43 York Stock Exchangfe__—34 York Curb Exchange 34 Markets h i •• the American Hospital Supply v .*■ Averages..,—33 Quotation Industrial Stock Averages.33 National ' bidding. Rights are about April 17. , stock sale are to be used to purchase from time to time additional amounts of the equity securities of the company's subsidiaries and for other corporate purposes. The subsidiaries will use the funds for their construction program, estimated at $290,850,000 for the years 1951-1953.—V, 173, p. 1057. of the Month Dow, Jones Stock and Bond for each 15 subscription to expire on or Proceeds the amount of new to expand and improve telephone service. $4,200,000 since COMPARATIVE Toronto Stock Exchange—Curb Section unsubscribed shares construction the Bell System to meet the defense effort and financing brings to more capital brought into the business will be used to pay for 40 Co.—Bids for Stock— company — Exchange Stock Montreal on at the rate of one additional share (with oversubscription privileges). The 1951, 30, financing new of new and additional telephone facilities by continuing heavy demands for service for civilian needs, the company said. The new than • the of Proceeds —_37 38 39 San Francisco Stock Exchange at 30 Church St., New York March 29 for the purchase from it of 339,674 shares of common stock (par $10). The company has received SEC authorization to issue and sell these shares, it was onnounced on March 20. The stock is to be offered for subscription by stockholders of record will Eids 8, N. Y., up to 11 a.m. (EST) undertaken, will not be available until thousands of recently received and in -transit have been processed. rights for-thefissue expired on March 19, 1951. ever subscriptions 37 37 Telegraph Co.—Subscriptions & March 21 announcd that subscriptions to its offer $415,414,000 12-year 33/«% convertible debentures due March 19, 1963, are expected to approximate $407,000,000. Final results of the offering, which represented the largest corporate of Subscription . $343,887,023 on financing 36 Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange. Ryle has been appointed Director of Public Relations, it by Rex Smith, Vice-President-Public Relations. The . Telephone company stockholders to 35 Angeles Stock Exchange— Midwest Stock Exchange Relations Director— D. Stock Exchange Cincinnati in the first two period last year. 77.3% and airfreight 25.1%. , Exchange Stock Boston announced •was (Bonds) New York Curb Exchange that passenger miles 52.6% over the same 48%, air express up Public Joseph figures" shov; this of mail and ago ,1951—10 Mos.—1950 . $46,623,662 $38,477,819 $384,398,890 - 173, p. 377. The __13 —26 31 34 34 34 Stock Exchange (Stocks) New York year. Cumulative Air airfreight and year a Quotations Page . 1951—Month—1950 Period End. Jan. 31-tSales on March 13 reported that it carried 298,739 of 154,243,476 passenger miles in the 28 days of with February of 1950, this amounts to an in passengers carried and an increase of 50.1% corporation passengers - . Passengers— More $ $ . $ 32,328,314 422,435,900 376,215,338 $ 38,037,009 Sales— Jn This Issue 1951—11 Mos.—1950 1951—Month—1950 Period End. Feb. 28— vote upon a 1253. p. MISCELLANEOUS -• February Sales Up 17.6%— ■ 50% Stock Dividend— Aokne Wire Co.—Plans Copj a Persons 1951, 1, June Light Co.—Financing Authorized— Arkansas Power & March 19 received SEC authorization to issue and sell an additional 640,000 shares of its $12.50 par common stock to its parents Middle South Utilities, Inc., for $8,000,000, the proceeds of which will be used in connection with Arkansas' construction The on company program.—V'. 173, 1057. p. — Artloom Carpet Co., Year Ended Dec. sales Net Capital Flotations for the Month of January, 3 1951 I- —- taxes taxes—— State income Federal and 1950 1949 $18,138,946 $11,552,923 1,315,063 67,434 661,102 37,663 — income Profit before Inc.—Earnings— 31— for under an , related products in the 37 In August Baxter, ' , Inc., American acquired all the capital stock of Glendale, Calii., which was organized in 1930 1950, of Don and development of intravenous solutions pioneered in the introduction and in commercially prepared form together with related accessories. Don Baxter, Inc. manufactures and sells these products in the 11 western states of the United States and certain foreign territory under the trade name "Baxter" and has licensed others to produce and sell them elsevwhere. In addition, Don Baxter, Inc. produces and sells blood transfusion and plasma preparation equipment, and its wholly owned subsidiary, E. & J. Manufacturing Co., also located at Glendale, sells resuscitation, equipment, gas-anasthesia apparatus for delivery-room and nursery use. Other wholly owned subsidiaries of American are: Mealpack Corp., Evanston, 111., organized in 1949, which acquired the rights to and sells patented equipment permitting preparation of hot or cold foods Calif., produces and equipment, and special their delivery at any desired place for on-thewith the temperature and flavor preserved for a pe¬ riod of several hours; and Institutional Industries, Inc., organized in 1949, which acquired certain manufacturing assets of a business lo¬ cated in Cincinnati, Ohio, and manufactures a part of the steel hospi¬ tal equipment distributed by American and also a part of the equipment at a central point and spot consumption * used for EFFECT TO PRESENT Authorized FINANCING Outstanding ^^89,500 1,165,000 67.615 3,000,000 shs. 1639,394 shs. •Effective Feb. 26, 1951, 903 shares of common stock, without par value, held in the treasury, were cancelled, the authorized shares of common stock, without par value, were changed into 1,000,000 shares of common stock, par $4, and the 232,197 outstanding shares, without par value, were each changed into two new shares, par $4, a total of notes sink, fund notes, due Dec, Instalment mortgage — •Common stock (par $4) Serial 4V4% 464,394 shares. $ Including 25,000 ployees E & J shares 1, 1963 , _ being offered by the per apnum... White, A. Co. Inc. Becker & G. Central Republic Co. H. —V. 173, (Inc.) Co & Davis Paul Pacific Securities Corp. Ellis & Simmons 6,500 5,000 Co. of California 5,000 4,000 6,500 6,500 Co., Inc Whipple & Co Allyn & C. Bacon, Blunt 10,000 Weld & Co A. Equitable 37,000 Corp Securities Bateman, Eichler & Co Johnston, Lemon & Co 6,500 6,500 6,500 Whiting, Weeks & Stubbs. Rauscher, Pierce & Co., Inc. The Milwaukee 4,000 and Year Ended Dec. is to be purchased gas Indiana. is estimated that in the latter line will be completed and in opera¬ part of 1952, new freight — Passenger Mail andl express.. Miscellaneous - sources.. — Total income — gas supply will augment the volume of natural gas Michigan-Wisconsin Pipe Line Co. delivers to its affiliates, Consolidated Gas Co. and Milwaukee Gas Light Co., and to non-affiliated utility companies jn Michigan and Wisconsin. _ Fuel, material and services L Interest - — _ ^ Rents Michigan Miscellaneous completion of the new pipe line, the American Natural Gas will be able to deliver to its customers a daily maximum of than one billion cubic feet of gas during periods of peak demand. Upon system more application for permission of the Federal Power the new pipe line will be filed soon by the An construct Gas Transmission line The day. now —V. It will have an will supply additional p. Gulf-Michigan quantities of natural gas to St. Louis, Mississippi River Fuel Corp. 1 transmission line of the 1826. American Stores Co. — Loan Placed Privately — Aug. 1, 1967, thus increasing the amount notes to $25,000,000. proceeds are to be used for additional working capital (see V. 172, p. 1229)#. 411,228,553 363,775,654 406,720,264 Net income (for improv'm'ts, 189,714,599 170,464,073 189,448,241 134,861,270 122,893,503 134,772,985 35,974,781 28,537,948 30,975,480 24,903,069 25,373,643 25,323,806 9,794,519 8,547,208 3,790,741 943,235 1,089,452 250,716 sink, 15,037,080 funds, and other purposes) We have prepared a 6,869,827 22,158^293 memorandum concerning THE BOATMEN'S NATIONAL BANK OF ST. LOUIS CAPITAL STOCK We solicit inquiries from insurance companies consider making an investment for this memorandum end investment trusts which wish to in a midwestern Bank stock. The has borrowed an additional $5,000,000 from the Metropolitan Life Insurance Co. on 3% notes maturing company The — initial capacity of 350,000,000 cubic feet per served by a 172, Commission to Corp. 1950 1949 1948 $ $ $ 353,483,483 313,560,900 353,289,835 22,285,329 21,922,718 24,593,016 11,868,537 7,198,741 7,829,096 14,904,546 14,025,658 14,478,500 8,686,657 7,067,637 6,529,817 Expenditures: Taxes additional The RR.—Annual Report— 31— For wages the It tion of New York, corporate bonds of that issue.—V. 173, p. 962. United States Trust Co. by the Michigan-Wisconsin subsidiary, from the Gulf-Michigan Gas Transmission that will build a pipe line from Louisiana to a From All other Corp., a new company northern at the available Income: system. additional RR.—Definitive Bonds Readyseries A, bonds, due March 1, 1980, are now G, Pipe Line Co., Atlantic Coast Line Definitive general mortgage, Baltimore & Ohio distribution The a share, which was declared trustee, in exchange for temporary Woolfolk, Chairman, on March 19 announced the sign¬ ing of a contract intended to increase by 200,000,000 cubic feet a day the future supply of natural gas to the company's transmission William first and partial liquidating dividend.- of payable on and after Dec. 21, 1950, stock certificates should be forwarded to Federal Trust Co., trustee, 24 Commerce St., Newark 2, N. J., for stamping.—V. 135, p. 1494, payment of obtain per 3,500 2,000 961. p. J.—In Dissolution— Associated Co., Newark, N. To $3 3,500 Co American Natural Gas Co.—New Contract- corporation to em- Employees." but not including 8,000 of Mealpack Corp. of America (a non¬ affiliated company) under certain conditions. NOTE—As of Feb. 28, 1951, the corporation's wholly owned sub¬ sidiary, Don Baxter, Inc;, had outstanding a trust deed note in the amount of $53,000 payable at the rate of $5,000 per month, with interest at Shares Shares (Inc.). 37,000 Harris, Hall & Co. ^ Mealpack Corp. and subscribed for and of the corporation, Don Baxter, Inc., Manufacturing Co. and issuable only as purchased imder "Offering to shares issuable to stockholders Corp. have been $29,771 314,222 746. which the Mealpack process. CAPITALIZATION GIVING Harris, Hall & Co. (Inc.) and Union Securities designated as representatives of the underwriters. respective names. their —V. 172, p. $653,961 314,222 —^ — Capital shares outstanding UNDERWRITERS—The underwriters named below have agreed, severally and not jointly, to purchase from the corporation 150,000 shares of the common stock now offered, in the amounts set opposite Union eastern states. income Net • of outstanding facilities and to increase Edward D. Jones & Co. MEMBERS New Midwest Stock Exchange Board of Trade New York Curb Exchange (Assoc.) 300 N. 4th Street, St. Louis 2, Mo. York Chicago Stock Exchange CE 7600 2 The Commercial and Financial Chronicle (1270) Canadian Pacific Lines in annual Roy B. White, President, in the company's 124th January— report, said in part: Developments following outbreak of war in Korea caused industrial production to rise. As a result, freight revenue was $39,922,583 more than in 1949. Passenger revenue increased $362,611 over 1949, due Net from Net ry. —V. 1950 1S49 $635,542 $789,505 $649,313 323.510 233,124 322,644 134,292 198,537 79,273 » chased because January— to return public investment net on transportation in company 3.38%—an was 1349. over Gross property devoted improvement of 0.61 points the of . , , The , , , . Net ry. •Deficit.—V. for Pier any debt of As securities, from The cash, and of during rendered! with That was $21,911,827. of its property, 31, the figure Dec. 31, 1949. the year, the company owed of total The 1950, of 18,552. was 173,- p. by the the On with in as including taxes Dec. at including 1949 in 22, Ohio there stock, 1951 revenues- $950,813 $1,099,017 expenses. 657,662 688,931 $1,289,283 820,745 $293,151 $410,086 $468,538 128,506 84,766 196,340 245,272 304,741 151,099 • 200,371 259,337 income 173, 658. of Stockholders their stock this made would company by Consolidated be unwise Textile the accept to H. ' "• cites that Bates' net assets to $9.89 per share cn the 1,761,750 outstanding following payment on March dividend plants and machinery, previous a reported ended sales Aug. fiscal times those Based Bates' Jan. on based 30; and insurance on communication of shares 14, 30, Crown to of company which of valuation, 350% cf 31, 14 aggregate purchase the located EFFECT while for sales Bates' $63,593,000, and of un'ssued 120,000 the shares stockholders share for shares the held of to are stock five years past the its White, 95,000 outstanding Weld & Ohio '' 1 Col. A Shares Co.™™ ... —V. 173, or than more Offering by the outstanding, four $3.18 were said, he Both share per are a the bonds, the at record date headed par by F, S. of be Yantis share new one by Co. & Net proceeds of the stcck sale is with offices the the sale $2,000,000 S. 1970, 4V^% and of for these the Salt bonds District by Edward suit P. turing Co. account and manufacturing plant located at Indianapolis, Ind. It serves principally the automobile, re¬ frigerator and stove industries. Zenite has cash and government bonds had of for Lawrence be to on March 22 authorized the purchase of all of outstanding stock of the Zenite Metal Corp., Indianapolis, Ind., for $3,300,000 and approved the creation of not exceeding $2,000,000 addi¬ tional funded debt.—V. 172, p. 1342. $32% purchase Ltd. at Bowling Green Fund, Inc.—To Reduce Capitalization— The stockholders 4,454 shares to reduce of the March on caDital stock authorized 27 (par will 'vote on 10 held cents) proposal a in to proceeds retire bonds, the capitalization by $445.40.—V. treasury, anu 165, p. 1724. U. S. of J. of authorized chares, stock cn common April stock 2 from no par value, and on exchange for each $4 in will vote Period End. Feb. 23— Yardage issuance share Value at change the of no U. 8. notes, due for each 10,757,740 51,119 in 56,247 the to will be provide notes by U. Court of used for $538,545 $1,789,165 $1,968,645' 17.82c 18.81c 18.30c 1951 fronr' railway railway ry. $155,245 from Net oper. 17,624 income. •Deficit.-—V. 173, First 135 R sale of New at is distribut'on it, p. 69 409 1949 1948 $154,982 and sale the it •10,817 23,621 86,605 45,164 658. T.a Rall<» o n, -J %™'. promis. pfd. notes, stock stock of payment * of of proceeds used for holders v/ill account ot the lluctuattons In the rate of exchange, remittance for to shares.—V. registration its 22 debentures be due of " ' added to 1976, the 173, with and 1,000,000 detail Co. 1 the „ x "• the ox Inc. have V",... The record of common V * funds, corporate expansion. plant April 11 in of some preferred new the will ratio of until 3 p.m. of April on preferred new 25, for subscription in the stock for each 35 shares of held. of 3% debentures, due Oct. on 1, 1965, at 103%%; of 2.85% debentures, due 12-1-66 at 102%; $21,500,000 of notes, due 1951-54 at 100% and 420,000 shares, firststock, $4.75 series at $105. Accrued interest and dividends redemption corporation. dates See Airlines, 173, (Nev.) Inc. provided be to are V. also other 1 Offered—The Stock — from 1170. p. Feb. 16 offered 2,000 shares of class A corri- due 1952 par by above to 1958 value) property, securities principal, twice a one share of preferred stock at $104 No underwriting is involved. sale corporate Board for area. is engaged electr o in • PRESENT interest week is or '? cumul. •• - GIVING : - stock pfd. EFFECT . foreign "suSrfetta^ a Texas- service PRESENT TO in FINANCING Authorized . . common 858. p. Outstanding v 3,000 shs. — 30,000 slis. 50,000 shs. $1)- 2,500 shs. 50.000 shs. (par $1>_ 3 173, 5,000 shs. ' The net proceeds to are program.—V. be 173, Gas Co. Stock Preferred — in used p. connection with the company's 1170. Central RR. Co. of New Jersey—Earnings— January— 1951 from Gross Net from Net ry. railway $3,257,578 130,773 '53,462 173, *315,637 •366,922 Net from Net ry. —V. * Pennsylvania—Earnings— 1951 railway p. 1950 1949 1948 $1,695,817 $1,273,971 $1,592,260 $1,487,719 463,309 348,815 588,669 346,601 695,241 579,465 777,882 544,489 Public Service railway income oper. 173, '841,193 563. p. Central RR. Co. of from 1948 $3,353,760 287,215 January— Gross 1949 $2,899,534 428,174 income oper. 1950 $3,742,871 railway„i: 563. Central Vermont Corp. — Merger Dropped— The s corporation acquire the the basis on properties of five March and shares assets of withdrew 14 of Green Central its offer of Mountain Vermont tertained until completed.—V. Green Mountain's plan Dec. Power common .stock outstanding share of Green Mountain $6 preferred stock. R. N. Hill, President, stated that no merger proposal to on for could recapitalization of 26 Corp. ea'ch be had en¬ been ~ 172, p. 2. Century Capital Corp.—Note to Debentureholders—s. See 7,000 000 Glebe Industrial Chemical Loan Corp. below.—V. 160, 1732. p. other 186,085 shs. The 1,500,000 shs. provisions of corporation covering market, person March on 1,088,195 without ment.—V. another Fund, Inc., New York—Registers With SEC 173, p. 15 shares underwriting. filed of (Continued nrws must be registration statement stock proceeds to will be be the with offered used for the at invest¬ 563. ^ark (aeneralNew York 7' ndvertisinc issue! Place' N' Y" REctor 2"9570Thursday and aSmUsment. a capital The as dividends. and . (par $100)™™™ (par SEC [every the helicopter airline for 15,000,000 300.003 shs. by has filed mail, Fort Worth and Dallas, Texas. stock $43,930,003 3,000,000 shs. guaranteed scheduled a 1, 1951. North Outstanding $7,000 003 and of headed by Stone & Web¬ ster Securities Corp., on March 22 publicly offered 25,000 shares of 4.75% cumulative preferred stock, series C, at par ($100 per share) plus accrued dividends from April over FINANCING and and Offered—An investment group, of generation, both at reta'I share indebtedness $105 per retire to >-V and stock approxi¬ in used the company Class A common 15,000,003 earnings, operation Class . for basis served by the company increase of 37% since 1940. TO the CAPITALIZATION now an redemption at be purposes. time, passengers construction the energy to will . present both 5% the and of operating subject is proceeds ' mortgage th9 stcck dividends. wntn made in New York funds. on page 6) Herbert D. Seibert, Editor and Publisher: a a statistical statistical William On proposal 1,600,000 convertible Possessions, HOTE: March on fund Central Illinois Electric & expenditures <■ (no par value) ™™™_™' Published of preferred the At Conn., plus first on <■ (no except the increase a and 1,000 shares of 5% cumulative preferred (par $100) in units of two shares of class A, two nautics 847. p. facilities ~™™ indenture. None sinking shares unit. —V. shares, of and utility 198] the to issuance 1979 due •Unlimited, . these new estimates territory 1,000,000, 1979 series Common $139,351 40,891 retirement 171, bonds— due due cum. 500 500 to second preferred stock. the provide Haven. Authorized mortgage approved 1,200,000 preferred stock. Final by ^amendment. Dillon, Read & principal underwriter. 1951 Oklahoma securities. where to be in excess of series 3V4% 1950 of construct.on electric an Population in series $5 $83,593 •45,960 of $15,000,000 company that Carolina 3Vb% Wm^mDanaaSe?bwt,Fip^s/den^h WUhamRdggf BSsf£L°M^ ? offices: The additional 27/8% January— Gross the contemplates the 3l/4 % Cambria & Indiana RR.—Earnings- Net of South wholesale. 27 from announced par be general for to the Appeals.—V. construction CAPITALIZATION GIVING EFFECT 378. p. from February the cond.t'ons anu company and Feb. stock supplied •Deficit.—V. , S. 1, notes principal maturity. Smith per cents 173, in for purposes. $14,000,000 is estimated 1951—9 Mos.—1950 9,513,200 The $500 ending with 1953 will approximate $50,700,000. It is $21,200,000 will be expended during 1951, $18,500,000 $11,000,000 in 1953. To complete its proposed construction transmission, and 15,387 proceeds sale BUSINESS—Company -Production Report3,022,000 March respectively. years the 500 Dahlberg & Co and Thornhill„„_ COMPANY—Incorporated in March, 1944 for the purpose of ob¬ taining a certificate of convenience and necessity from the Civ i Aero¬ that and Carolina 22.63c yard mately par 1182. $715,505 Value per 1952 program, each, to 450,000 shares 170, p. 20,443 ounce —V. two in 3,162,200 gold $35 $4 par of held.—V. 1951—3 Mos.—1950 dredged fine proposal, to a 225,000 shares, the par Bulolo Gold Dredging, Ltd. Ounces on prices three estimated Brunswig Drug Co.—Plans 2-for-l Split-Up— stockholders for 12,000 . used corporate current the The and the salt plant, and busiOnt„ and Neepawa, Lindbergh, Alta., and for at Joseph Circuit the be 1,000 Co & 2,000 on PROCEEDS—The Bridgeport, Conn.—Suit— Judge Net from will other Co Canady $1) The Winder, Ltd. estimated 70% share. per Henry Wyllie 2.500- E. Co stock (par $1) 2,000 shares of class B common stock accrued corporation guilty of infringing on a patent Schreyer of Ridgefield, Conn., on an electric steam the PROCEEDS 2,500 as Central (par derwriting the Lloyd Pr.nglc Corp. of America—Registers With SEC— six of stock Carolina Power & Light Co.—Stock Offered—An un¬ group headed by Merrill Lynch, Pierce, Fenner & Beane and R. S. Dickson &. Co., Inc.,- on March 21 offered 200,000 shares of no par value common stock at- of the purchase price for the Zenite stock.- stockholders 2,500 stock 2%% per notes, hand which, in the event of the acquisition, will not be needed in ,** its operations; and $1,320,000 of these assets are to be paid the seller 1,000 company on been filed by Mr. Schreyer and the Rival Manufac¬ City, Mo. The Casco company was ordered to profits resulting from the patent infringement. Penn, Executive Vice-President, said the decision will E. appealed 1,000 1,000 Inc._™™™ to h; of / mon Kansas all 1,900 & 2,500 Co $31,759,000 ' 4,191 the stock securities Co. are and Court iron. The 1,000 California™ Corp.—Capitalization Increased— will funds purposes. payments the of 1,000 : Sterne, Agee & Leach-™™ Van Alstyne Noel Corp._- preferred to the respective V 4,191 5% 5% and common Industries Alberta fund of H. Co. 1.000 Co Co 2,503 & be offered of °n,Aarc* 12 found the held will be Indiana company an 1, yield Casco Products Corp., U used, together with other com¬ pany funds of approximately $540,000 and an amount of approximately $1,320,000 of current assets oi Zenite Metal Corp., for the acquisition by the company of 100 shares (being all) of the outstanding stock of Zenite at price of $33,000 per share, Zenite to Canadian corporate 80% amendment). Inc., Chicago, A, March 100 consideration of Sinking each for of supplied from Pacific Law. & Co $100 $21,125,000 notes. and other at $12.50 rights to subscribe rate (to stock. common cash Man., series ' due priced at of nessses the 41/2% bonus of three shares of amount 3,500 Co._ A. shares of class B and bonds, the 1971, carry Co.„ Huger, Barnwell & 3,500 Of the cash proceeds, $120,008,750 is to be applied to the redemption ; shares. common & 3 500 M. 1,000 1,000 E. balance ratio being made by a group of investment dealers headed Thomson & Co., Ltd, of Montreal, Canada, and Osier, and Nanton Ltd., of Winnipeg, Canada, of $2,250,000 first Hammond Friedrichs Corp Scott, Horner & Mason, Inc. $100,000,000 common Is Nesbitt, Securities 1070. named «April no Canadian Salt Co., Ltd.—Securities Offered— that 1,000 shares of preferred for each thirty-five of common. The preferred stock is to be offered to common stockholders of record 2,794 3 309 1.000 Co., Inc. six 1070. p. Co., Inc.™ 2,500 common of The 1,677 3,309 ™_„ r & 2,503 corporation which 5.58J 2,206 & 1,500 Frost, Read & Simons, Inc. Howard, Weil, Labouisse, 3 500 Co.-™ & stockholders will 1,676 1,323 Crawford & holders of 7% 1,676 4,412 —_ Cassell H. Proceeds will be used in part for redemption of the $75,908,750 outstanding funded debt of the company and retirement of $44, LOU,000 preierred $4.75 stock. An exchange offering is to be made to • Co.™ & F. first From Sed'ng 1,324 Stringfellpw_™_n C. G. First Staats Co., Inc. p. issues par 1,324 — Rotan, Mosle and Morelar.d Vietor, Common, Dann & Co.™, Wat!ing,KLerchen & Co.„___ Gurdon W. Wattles™™™™„™.„™: will acquire unsubscribed shares and will receive as compensation for their commitments an amount equal to 50 cents per share in respect of the entire number of shares offered to stockholders. part no & 1,500 Co Co Co.,' shares Company Shareholders 57,793 73.207 Co Reynolds Scott & Co 5,500 Co R. of been them shares, shares, common 1.500 Miller & & Celanese in Column names common 2,000 1,500 Eichler 5,500 _i Sons. Marks Watt.< The 2% Bosworth, Sullivan & Co., Inc The year for registration statement with a $1 offered be shares new on underwriting group The to Boyce. Mead, Asso¬ Pont & Co. Legg 173. SEC severally sell & Bateman. Interstate Securities Corp._ p. 853. company have to & M. authorized Outstanding below Bros. 2,000 5,500 3,000 Carrier $265 000 shs. the of 2,000 2,000 Gardner 5,500 & The Stein & Co 5,500 (Inc.)_ Arnold & Milwaukee —V. follows: ' , 5,500 Cock & 5,500 Morris Baker, Col. B Shares ' Inc. Co Co C. Stroud of FINANCING association named authorized but as & du fce company, Co.. & Lemon 1% a PRESENT From mortgage of Bates corporation on March 15 filed covering Common on acres the underwriters named below have severally agreed the selling shareholders have agreed to se.l to them respective amounts set opposite their names in Col¬ the Reinholdt Reynolds & present Saskatchewan *315,000 shs. of underwriters aggregate an '■% Black, Sivalls & Bryson, Inc.—Registers With SEC— three its to southern in TO momorandum of 75,000 10 QUO Brown The per stockholders, Mr. Ruhm cited Co., Inc. for the fiscal were shares 1,761,750 earnings average The On (b) and in B, Proceeds SEC Canada. Western change and increase the authorized capital stock from shares, par value $1, to 315,000 common shares, no par in connection therewith the company issued 190,000 of such common shares, no par value, in exchange for the 1,009 shares, par value $1, previously issued and outstanding. JAftsr value, and Co.™™! Republic C. William —— the Newhard, Elkins, in¬ approximately 800,000 Saskatchewan GIVING 1951, Merrill, Turben & Co.™ 10,000 Ball, Burge & Kraus to value, of the value $44.51 was acquiring 2,000 2,000 10,000 Laurence working in¬ approx'mately 800, acres In the Rcdwater producing wells ahe located. on shares severally, stock the replacement for, 2,000 Inc. Co.™_ & ,« 2.000 Co._„ Francis I. • on are southern which on 10.030 Inc. Langley & Co.„„_ Webber, Jackson & John the pur¬ Co._ & & C. & & Jonnston, in gas drilling. changed was —— common 1951, the and of be . Sachs Allyn Alex. re¬ company o:l common umn were after all charges, as compared with Consolidated's five-year average earnings of $2.21 per share on the 762,934 shares of Consolidated outstanding on Dec. 31, 1950.—V. 173, p. 562. as in Leases Alberta Jan. an par • 1950, Textile $i 5,118,000, were 30, 1950, Consolidated. of on to Consolidated 31, 1950, ended Dec. year An exploring lands in •. Co. Corp Bache & Co share. common In declared Dec. on the of additional of to consummation A, offer Co., V—'■ •' current equal stock per the of name UNDERWRITERS—The Ruhm, Jr., President of Bates Manufacturing Co., in a letter to stockholders, says that the Bates directors and management are not a party to the offer, they are not in favor of it, they do not approve or recommend it, and in their opinion such an exchange will not prove of benefit to the Bates stockholders or to Bates ManufacturHe . of purpose D. / ing Co. '• acquisition agreed to purchase and the company has agreed severally, in the respective amounts set opposite their Inc. according to a consulting organization, afcer by go of the financing, the capitalization of the company changed from 315,000 common shares, no par value, Into 400,003 common shares, $1 par value. 95,000 of the authorized common sharp*, $1 par value, will be reserved for issuance upon exercise of the option held by Wilbur L. Griffith (President) and Associates. Ebasco Services Inc., completion of a study of the proposed exchange. While the exchange would be of benefit to Consolidated and its stockholders, the Ebasco report states, ''Bates stockholders, both collectively and individually would not be benefited but would be in a distinctly less advantageous position than they are as holders of Bates stock direct. made report will to Fahey, Clark & Co._„ The Illinois Co Johnson, Lane, Space & Co., 10,000 ciates, W, w.ll be Bates Manufacturing Co.—Management Disfavors Ex¬ change Offer— for the for 100,000 of Oil altered the „™™_™™.- p. shares 95,000 the general funds the holds freehold leases land, in common ry. the 1951, in 1,530 $557,294 Net to go for 24 000 Boston Kirchofer va.uc, and authorized 912,740 Net revenue from rail¬ —V. of amounts below: Shares 15,000 Curtis the sale underwriters respect.ve Courts Inc Stearns Paine, Authorized $1,470,034 oper. Of¬ shares. CAPITALIZATION 1943 1949 1950 oper. Canada—Stock offered developing prospective o'l company terest was Railway C. Drexel headed by White, Weld & "as a speculation" publicly holders.— 20,240 were Alberta, proceeds from company and Gulf Field 1950, 31, Dec. dian 1949, Railway Net A. and 700,000 in southwestern Manitoba; a 2'/a % overriding royalty o,:i approximately 507,500 unproven acres of freehold leases held by Cana¬ 31, Dec. Ltd., principal forth Pierce, Fen- Barney Bear, ' The and 31, Dec. 20 available name. 1949. 31, surplus, $1,220,092,569, and private Feb. Bangor & Aroostook RR.—Earnings- operations—operating income •113,834 Smith, was incorporated as Prospect Explorat'on, May,. 1950, under the laws of the Province of Alberta, Canada, in a terests interest, for figure be tCommon way *99,661 the the set Peabody Kidder, BUSINESS—Corporation Ltd. an 1058. Month of January— •SS.eSe royalty interests, exploratory operat.ons and or •Cn * *24,351 selling shareholders and proceeds from the sale of the to unproven the over Baltimore date same •46,587 investment group common of group Canada for services rendered, $69,002,213. company, compared $23,374,359. of holders of number The owed amount $1,243,466,928, was increase *46,448 First Goldman, 758. maining 75,000 shares will over end the 343 Prospect PROCEEDS—The cash, government and amounts due $112,793,832. totaled wages (payable at a later date), and That was an increase of $15,235,706 V. 170,000 government bonds, securities of other companies, materials supplies, accounts receivable, etc., was $1,243,466,928, an increase At 1948 $207,449 41,700 p. March on leases 1949, of company in all Dec. the oi investment $23,374,359 an Co., debt, including equipment obli¬ 1950. In the period 1941-1950 (including and supplies, materials deposits, services for compared increase, fered—An .■ . interest-bearing reduced $92,118,763, 31, 1950, current assets special others 173, Canadian was Dec. 1949 $192,189 Monday, March 26, 1951 . and are Beane & Co., Central a $6,275,063 1950 $176,161 new 1931. System reduced was Md., Laltimore, at snice year Outstanding gations, System undertaken improvements Ore The 1951 railway railway oper. income Net ... during 1950 included the new double track tunnel on the main line between Grafton and Clarksburg, W. Va., and Centralized Traffic Control between Grafton and Parkersburg, W. Va, 174 addi¬ tional Diesel locomotive units, 13 new sleeping cars, 2 Diesel rail motor cars, and 10 motor coaches were acquired. A dividend of $4 per share was declared on the preferred stock Nov. 20, 1950, payable Dec. 22, 1950, to stockholders of record Dec. 1. 1950. It was the first full dividend declared on the preferred stock Major Import Vermont—Earnings— $234,025 from from of names oifered severally Dickson & Co., Inc. S. Blyth Canadian Pacific Lines in maintenance. & ner 758. p. them . Shares R. military personnel moving in sleeping cars. expenses in 1950 were $31,218,2^4 higher than in 1949 cf larger traffic volume and increased expenditures for by Merr'll Lynch, largely to Operating above 212,603 210,442 railway—.™ income— stock common 1948 $785,458 railway-...-, oper. 173, UNDERWRITERS—The Maine—Earnings-- 1351 from Gross . B. issue issue Dana Territories on on Mondavi. Monday], Company. and Members Other Other Reentered of Pan- / r • Number 4997 Volume 173 . . . The Commercial and Financial Chronicle 3 (1271) Capital Flotations in the United States During the Month of January 1951 dollar volume Total - year is interesting to note that in January of each year from 1947 on a substantial increase in dollar volume has been with recorded $ Jan 11 91 days 1,653,764,000 1,000,019,000 99.649 + *1.387" Jan 11 Jan 18 91 days 1,937,512,000 1,002,707,000! 99.648 + *1.391 Jan 18 Jan 25 *1.389 & Dec 4 Dec 15 Jan" Jan 1-31 Jan 1-31 Jan 1,748,818,000 1,003,199,000 5 years 4,535,732.000 Total * 2,368,000 on which of on 12-year a of notes If these held maturity, D three or -V $ ' 91-day Treas. 11 91-day Treas. 18 91-day Treas. Jan 25 91-day Treas.^ bills; Dec 15 1 5-year Treas. notes U. S. Savings bonds Jan ! 1 Tax Total for Co.; i' notes to and Service Civil Canal Zone Life Insurance in Long-Term Bonds and Notes (Issues Than Five Years) to , ' purposes , i 1 Province of Saskatchewan of I ■ dated certificates March inclusive. 1966, to Price, . an E. / • i - , On Dec. 14 the Secretary of that subscriptions of • Maturing Later I • 2%% Ry. 1, Purpose, G. Stuart & Co. Inc.; Halsey, Becker iy8% of ers Inc.; & Co.; McMaster Hutchinson & Co. esuipment to ma- ' ' ' H, $7,080,000 Missouri dated 2%% (Va.) RR. due R. W. Pressprich & Co.; Hornblower Y Series Wm. E. Pollock & Co. and .J '• equipment trust certificates, on interest on 2, 1951, at Jan. 1, 1951. ceived and the balance The par with an . York Central RR. Jan. 1, equipment. according to maturity. Inc.; R. W. Pressprich and Depositary Bonds. for expansion and accrued program interest. & Co.; William Ira Anderson;' Inc.; Folger, Nolan Haupt & Heller, Co.; Robinson-Humphrey Co.; Schoellkopf, Inc.; Schwabacher & Co.; Scott & Inc.'; Co., & Thomas & Weeden & Co, Inc.; Inc. and Harold Co.; & Cummins, Oversubscribed. i • Co.; Wheelock Co. & mortgage bonds due ($1,000,000) and for 1. * ; equipment trust certificates and York New , Plains Gas notes first mortgage 4% Oil Co. & 1, 1966. Purpose, for acquisition of properties. privately with the Mutual Life Insurance Co. of Jan. Placed Life Metropolitan Insurance through Co. William R. Staats Co. , Associated *1,600,000. Indiana bonds had 1981. due been in with 3% Corp. to with which loans construction of five ''1 1 group a mortgage first bank repay connection privately Placed companies. ; Telephone Purpose, incurred gram. pro¬ insurance V > r ' • ; ' ' • ■■ '■ k . . J *950,000 Lakewood Water & Power Co. 3J/4% first mortgage bonds due 1976. Purpose, to retire bank loans and for new 'V • - . 1 construction. ' • .; * ..Insurance Placed • privately through Co. The the with Pacific Co. York Life California. New of *800,000 Ohio Cities Water Co. 3% first mortgage bonds, due Jan. 1, 1981. Purpose, refunding ($600,000) construction ($200,000). privately Placed series A, and for with six investors. /, *3,000,000 Southern Indiana Gas & Electric Co. 27/s% first mort¬ gage bonds, series of 1951, due Jan. 1, 1981. Purpose, for expansion. Price, 102 and accrued interest. Placed privately with Penn Mutual Life Insurance Co. through Smith. & Barney Co. / j $17,500,000 Southerh Natural Gas Co. 27/a% first mortgage pipe line ; sinking fund bonds, dated Dec. 1, 1950 and due Dec. 1, 1970. Purpose, to repay bank loans and for new con¬ struction. Price, 100.683% and accrued interest. Offered First Boston Corp.; Glore, Forgan & Co.; Gold¬ Sachs & Co.; Lehman Brothers; Merrill Lynch, Fenner & Beane; Lee Higginson Corp.; Carl M. Lioeb, Rhodes & Co.; G. H. Walker & Co.; The RobinsonHumphrey Co. and Fulton, Reid & Co. by The man, Pierce, *1,200,000 Southern Utah Power Co. 3%% first mortgage bonds due .. Jan. 1, 1981. Purpose, refunding ($995,000) and for new construction ($205,000). Price, 100 and accrued interest. Placed privately with the New York Life Insurance Co.; Bankers Life Insurance Co. of Nebraska and Armour Employees Pension Fund. . . inson & Co. Air Line RR. 2%% equipment trust certificates, 1951, and to mature annually from 1952 to 1966, inclusive. Purpose, for new equipment. Price, to yield from 1.80% to 2.65%, according to maturity. Offered by Salomon Bros. & Hutzler; Drexel & Co.; Union Securities Corp. and Stroud & Co. Inc. ; series $4 000 000 Texas I, & dated Feb. 1, Pacific Ry. 2%% to J, 1961, dated Feb. inclusive. $39,350,000 *Represents issues placed privatelv. $ Indicates issues sold competitively. ! Utah and due 1951 gram. Price, the with New Insurance Co. Co. Power Jan. 100 1, 1971. and York 4% debentures dated Life Jan. 1, Purpose for construction pro¬ accrued interest. Insurance Placed privately Co.; Bankers Life of Nebraska and Armour Employees Pension Fund. ' *4,000,000 Southwestern Public Service Co. 3% first mortgage bonds, due 1981. Purpose, for expansion program. Placed privately » through Dillon, Read & Co. Inc. ' $129,550,000 (Continued on page 5) equipment trust certificates, 1, 1951, and due annually from 1952 Purpose, for new equipment. Price, to yield from 1.80% to 2.50%, according to maturity. Offered by Halsey, Stuart & Co. Inc.; R. W. Pressprich & Co.; A. G. Becker & Co. Inc.; Freeman & Co.; Wm. E. Pollock & Co. Inc. and McMaster Hutchinson & Co. series *500,000 Southern Co. Inc.; Weeden McMaster Hutch¬ $4 920 000 Seaboard adjustment,of Placed privately with The Mutual and the Capitol Life ($423,000). Insurance Co. of New York Co. of Denver, Colo. v-Life new Hayden, Miller & Co.; Wm. E. Pollock & & Co., Inc.; Gregory & Son, Inc., and redeemed in cash. $ Union Se¬ 1952 to 1966, inclusive. Purpose, Price, to yield 1.90% to 2.95%, Offered by Halsey, Stuart & Co. & Co.; Blair, Rollins & Co., Inc.; Hornblower & Weeks; L. F. Rothschild & Co.; The Illinois Co.; First of Michigan Corp.; Freeman & Co.; of Bills, Savings Bonds, Tax Anticipation Notes 2?4% Co.; to 1966, to yield Offered annually for Treasury Department in January outside of the of Treasury & sion program V' equipment trust certificates, Salomon due hold¬ above, confined its operations to the usual weekly sale to $7 500 000 New 1 No cash subscriptions were re¬ was 2%% and due annually from 1952 for new equipment. Price, 2.75%, according to maturity. 1951, Bros. & Hutzler; Drexel & curities Corp. and Stroud & Co., Inc. by the Treasury announced The exchange of these issues was made and after Jan. 1, Purpose, 1.85% from A-1951, maturing Jan. 1, 1951, in the amount of $5,372,668,000. bank loans, and Price, 100.67% The First Boston Corp. ' ' :< : ; 1 > '• *1,500,000 Home Light & Power Co. 3% first mortgage bonds due in 1976.' Purpose, refunding ($1,077,000) and for expan¬ & Weeks; ' The First of Michi¬ March. 1, Pacific RR. Feb. inclusive. offering Indebtedness Power & Paso Electric. Co, 27/a% first ,1, 1980. Purpose, refunding new 1952-1961, inclusive. Purpose, for new equipment. Issue was awarded to Harriman Ripley & Co., Inc., who did not reoffer the certificates. series ^ Certificates of Treasury Inc. Co., Light Electric Insurance 1951,' due annually for new equipment. L. F. Rothschild & Co.; Freeman Corp.; gan Co. & Illinois Company; $172, Notes of Series B-1955 were received and allotted to & & payment of bank loans and for new, construction ($3,500,000). Price, 102.335% and accrued interest. Offered by .Stone &, Webster Securities Corp.; Elyth & Co., Inc. and . , • yield from 1.90% to 2.95%, according Offered by Halsey, Stuart &, Co. Inc. $700,000 Interstate $4,536,732,000 to the 1%% Treasury Yantis S. Co.; F. S. |. Nicolaus Cartwright & Cummins, Inc.; Dean Stifel, Co.; Sweney Dec. | to turity. by Treasury Financing in January ■ Wheelock F. Paul & Co., Harris, Inc.; & Moore & Co.; & Inc.; Co., & & Pomeroy, & Wood $4,500,000 El ■ $5,400,000 Erie RR. 2%% equipment trust certificates maturing semi-annually from July 15, 1951 to Jan. 15, 1961, inclusive. Purpose, for new equipment. Price, to yield from 1.70% to 2.55%, according to maturity. Offered privately with Halsey, Stuart & Co. Inc. and associates. ' Smith, Brothers Stokes Co.; Inc.; Pomeroy, & Bogan Fairman Fauset, Steele & Co.; . institutional During the month the (Canada) placed Scribner; The & *20,000,000 Ilugoton & -Louisville Indianapolis $1,200,000 Chicago, For $3,000,000 3V8% new capital bonds, due in 15 years, Sheridan Sills, Fenn Co., & Hutton Shaughnessy Co.; Co.; Co.; Schmertz C. & Putnam - J. C. Bradford & Co.; C. F. Cassell & Co., Securities Corp.; Coffin & Burr, Inc.; Dick & Ellis Stroud ■ Wm. E. Pollock & Co., Inc.; Weeden & Co.; First of Michigan Corp.; Gregory & Son, Inc.; McCormick & Co.;' McMaster Hutchinson & Co.. and Mullaney, Wells <fc Co. comprised $153,524,409 of the month's refunding operations. R. Kendall, Phelps, Inc.; Inc.; & Co.; Wertheim and Co.; The Illinois Co.; total, while the very small figure of $19,394,000 was ear¬ marked for Co. Hanseatic & Co.; Otis Co.; Copeland Halsey, Stuart & Co.', Inc.; Bache Weeks & Harden; Ball, B-urge & Kraus; Inc.; due Money raised for new 1950. & & Gas, repay & Co., ' capital & York New Ohio Stringfellow; Stern Brothers & Co.;, Walter Stokes & Co.; RAILROAD 918,409 from $165,904,316 in December of last year and $234,831,046 for January, & The Schoellkopf, Stern and Co.; & by Hutton t$8,550,000 Chesapeake & Ohio Ry. 2%% equipment trust certificates due semi-annually Aug. 1, 1951 to Feb. 1, 1966, inclusive. Purpose, for new equipment. Price, to yield from 1:70% to 2.675%, according to maturity. Offered by Halsey, Stuart & Co. Inc.; R. W. Pressprich & Co.; Equitable Securities Corp.; Hornblower & Weeks; Merrill Lynch, Pierce, Fenner & Leane; L. F. Rothschild & Co.; Blair, Rollins & Co., Inc.; Freeman & Co.; Hayden, Miller & represented January Co.; . 22.5% of that month's over-all total. increased Corporation, tNet retired, During January, 1951 '!' 64.2% of that month's complete financ¬ financing Municipal The Co.; & Joyce & B. Bruce & Co.; Hirsch &. Co.; The Illinois Co.; Mullaney, Wells & Co.;, Otis. & Qo,;. Pacific Northwest Co.; Patterson, Copeland & Kendall,' Inc.; Wm. E. Pollock & Fund, Postal Details of New; Capital Flotations ing and in January, 1950, 33 offerings in the amount of or Hill M. A. ' , ' (Inc.); Service National Fund, Insurance Gregory & John Christensen, & Walter Co. to Green, j certificates Retirement Service Insurance Deposit Federal A. $150,725,740, Foreign Corp.; Clement A. Son, Hayden, Co.; Co. Co.; Patterson, Co.; & Co.; ;Merle-Smith; r, w last, private issues numbered 61 and amounted or ■: , 26.26% of the month's total and compared with a month¬ $319,352,558, & Inc.;-City 284,285,000 Life Government Fund, 1952 to ,I; , 196,902,000 87,383,000 notes; & Thomas Blair ; r' 165,433,000 & Co.; Co.; & Showers; ($21,434,000).' - placements in January of this year totaled 31 December $ 94,370,000 Fund, Co.; Byrd Securities Securities fy Co.; & Newton Hammill Inc.; Offered Net Issued 71,063,000 and Loan Insurance Corporation. trust ly average of $204,023,917 for the full year 1950. ' and Survivors Insurance Trust- Account, Age Retirement Federal Savings inclusive. This . Retirement Fund, Alaska Railroad Retirement Fund, 1, 1966, inclusive, and $7,500,000 $67,758,250. Retired) 449,718,000 Federal Old & Co.; & City & Este Hall & Hutzler; & Deane Co., Baker, 181,753,000 System, Savings . 1st refunding mortgage sinking aggregated . j /'-;•>$v7. *Comprises sales of special series certificates and By. 2V2% equipment trust certificates, due semi-annually and ; 737,508,156 267,965,000 Total for January— Co.; Bartlv Co. of Baltimore first refunding mortgage sinking fund bonds, series X, due Jan. 15, 1936. Purpose,-refunding ($3,566,000) and to reimburse treasury for capital expenditures already ' ... 254,822,300 8,540,037,000 Co.; Steele Pollock & Poole $25,000,000 Consolidated 475,471,856 2,368,000 sold to Adjusted Service Certificates Fund and Unemployed Trust Fund 1, 1966; $17,500,000 Southern Natural Gas Co. 2%% -1st mortgage pipe line sinking fund bonds, dated Dec. 1, 1950, and due Dec. 1, 1970; $8,550,000 Chesapeake & Ohio issues & ' 1' Stearns Bear; Clayton Bruce Co.; E. Bros. Smithers ; ■}" Jan. Private Singer, ; Witter — Notes — & certificates, t M. Writer Robert 2,580,000 S J, Kraus; (Inc.); Taylor & Co.; Schwabacher Inc.; 1 _T._ & Johnson O'Gara Wm. Shearson, $ •"?' H. Palmer Peters, Co.; 2,266,000 9,277,545,156 Certificates series X, due Jan. 15, 1986; $20,000,000 Hugoton Plains Gas & Oil Co. 4% 1st mortgage notes, due due annually Jan. 1, 1952 to 1966, & 1,000,933,000 ".' January— fund bonds, New York Central RR. 2%% equipment trust • "TNTRA-GOVERNMENT FINANCING major issues in January in the order of their size included the $49,000,000 offering of the Commonwealth Edison Co. 27/g% sinking fund debentures, due April 1, 1951, to Feb. Inc.; New $ Heller, E. Co.; S. 4,536,732,000 1_ by Halsey, Bleichroder, S. Bradford C. Co. Harris, Kean, Alfred Roger • The 1, & Corp.; Indebtedness 254,822,300 January! Co.; J. Fauset, Co.; Co.; month. sold at par and accrued Refunding 2,368,000 & Burge Co.; & Detmer & 1,40%. per made ' 9.02%; iron, steel, coal, copper, etc. $10,-' 299,850, or 3.99%; land, buildings, etc. $3,667,000, or 1.42%, and motors and accessories $2,284,000, or 0.89%. Aug. each accrues Wells Treasury 1,003,199,000 notes- Antic'n or Power Co. of Baltimore c 1,002,226,000 1,000,019,000 1,000,127,000 Depositary bonds:— Jan $140,498,150, or 54.46% of the month's aggregate place¬ ments; railroad $44,415,500, or 17.21%; other industrial and manufacturing $33,576,908, or 13.01 %;- miscellaneous Light 1948. series 1.07%, about Co.; Co.; Schmidt, Issued Electric notes of tax Inc.; Republic Dodge Co.; R. & 4,536,732,000 475,471,856 Jan Total corporate financing in January for the various: categories is set forth as follows: public utility offerings Gas interest, bear:2>/2% J:,? 1,002,226,000 1,000,019,000 1,002,707,000 bills bills bills & and Kidder & Co.; John Kormendi Co.;, Lee Higginson, Corp.; Mason-Hagan, Inc.; A. E. Masten & Co.; McCormick & Co.; Wm. J. Mericka & Co. Inc.; The Milwaukee Co.; Mullaney, FUNDS OF Ball, Co. Co.,(Inc.; & Illinois Kaiser G the month in which purchased. \ 4 Jan other industrial and manufacturing stock financing; $17,168,250 miscellaneous; with public; utilities trailing in third place at $10,948,150. Consolidated are Offered Allison-Williams Arnhold Baum K, & Grimm Stone a series and approximately Total Amount Accepted Security > Jan swelling the month's total financing in the $25,000,000 interest years sold are & & Inc.; 12-year maturity, earnings 31, Peck; & Inc.; Co.; Central Clark, Inc.; represented 2001; and C. Co., & Co.; S. K. Cunningham & Co., Inc.; Henry Dahlberg & Co.; J. M. Dain & Co.; Paul H. Davis & Co.; on Aug. on 11, 1949 these notes the first day of Type of Dated While public utilities offerings played a very impor¬ $23,263,250, Becker (Evans 2.53%; Treasury Series Adams & Courts sepa¬ 1948 and interest began Sept. 1, $26,800,908 for common stock placements. 408 100, at C-1950. USE they numbered less than/ stock offerings in January of this year,' long-term bond and note category at $129,550,000, they far short of achieving this record for stock place¬ ments. A swift glance at the figures reveals that $18,972,- Corp.; G. Salomon Jan fell 2 Comprised of three yield and discontinued was maturity interest from sold are and Effective Aug. annum. Brothers; b' accrued interest. and Inc.; George A. maturity, 10-year 74, issues designated C-1949 bonds series to have E basis,'at of separate C-1948, of Sale series a and yield 2.90% ; series F have a discount a b Comprised C-1947, Co.; 1% 9,277,545,156' bank discount basis, a UTILITIES Ashmun S. 100' 254,822,300 January series, have C. Dempsey for sold Co. & Emerich Ames, 100 2,368,000 254,822,300 Stuart a a 2 years discount basis at 75, are 99.649 475,471,856 12 years 1 Average rate rate *1.381 4,536,732,000 100 475,471,856 Jan Jan 1-31 91 days 10-12 yrs. 1 approach of the latter's dollar volume. They amounted to $25,653,250 as against the slightly larger figure of in 101.335% Inc.; totaling 12 and 27 issues, respectively, came within near, role Price, 99.651 4 Preferred stock issues while tant So, . 1,002,226,000 Jan long-term bonds and notes and $1,050,000 for short-term V $ .. 1,865,410,000 placements in January of this year continued to common PUBLIC $$49,000,000 Commonwealth Edison Co. 27/s% sinking fund debentures, due April 1, 2001. Purpose, for expansion program. Yield 91 days comprise a major portion of the month's financing and aggregated $244,698,840, or 94.84%. This compared with only $13,305,818, or 5.16% for refunding purposes. Broken down into the following divisions total corpo¬ rate emissions for the latest month were: $204,500,500 for half the Price 1 4 $200,000,000 21-year 2%% debentures, placed in January of last year and which ranked as the largest single offering for that month in the corporate field.: It was, in addition, one of the largest corporate bond1 issues ever marketed under competitive bidding. As has been true for several years in the past, new bonds and notes. Accepted Jan occasioned by the very substantial offering American Telephone & Telegraph Co. in the money Applied for - 1 26 amount of . Due ' 1951 Dec was the DURING Amount ' trend was reversed. It should also be pointed out that the wide disparity in total corporate dollar volume between January, 1951 and 1950, respec¬ of Dated FINANCING Amount ; Offered when the upward tively TREASURY Date of the current period sole exception the STATES UNITED corporate offerings placed in of amounted to $258,004,658 in contrast to the record high figure of $669,290,335 for the like month of 1950, Further, January's total was the smallest for any corresponding period since 1926, when aggregate financing amounted to only $253,874,054. Compared with December last, the total for the cur¬ rent month shows a sharp reduction of $239,516,429. It January of this In the lowing comprehensive table page we compare on the the fol¬ January figures with those for the corresponding period in the four years preceding, thus affording a five-year comparison, i Total 30,760 4,50,0 8,695,80 53,91 768 « 178,125 39 ,0 0 42,350 25,793864 63,57 Devlopmnt. 2,74 .80 —19 7 Refundi g 85,14 0 2.960. 0 16, 82304 21,50 0 10,932073 139,4672 $ Capital $ New Total $ 215,6490 1,540, 0 5.948,0 37,29.46 HZ! 176,125 39 ,0 0 32.6450 23,140.8 20, 8526 Refundi g 2,590, 0 Capit l $ New Total 10 ,0 0 30,5.0 23,14083 20, 8526 $ 386,4708 5,3967250 54,329867 15,0 0 - Refundi g 2,61,0 and 368,49 Total New Total —1950 5,39~67250 54,329>867 15,0 0 567,0350 6,213750 36,013 5 Refundi g 96,2480 1,72650 Capit l New $ 470,8150 54,870 36,0135 3762,1140*7,93584 755904,3065,64,82907.71716,238SasbHkIVnontcBfRctehaee&rcopawdnwi%tsistrul.kil -1948 1,20 , 0 $ Total 13,698,36158 GtFoehvoedrnmeraflt. 561,3 85 30, 0 23,49 31 824,75 6 aagenncyy 5,82782 4,254 89 27,80 30,18 0 19,50 0 17,240.67 370",0 9,6 8, 2 36, 45,028 1,248,69 43,69374 23.560, 164,05.60 5,0 ,0 53,145028 50, .0 260. 0 80,3869 376,14.37 1,20 . 0 10 ,0 0 10 ,0 5,475,6 0 36,45.028 261,409 8 1,390, 0 2,590, 0 1,248,69 43,69374 23,560 164,05 6 57o" ,ob 51.945,028 50, .0 260, 0 78,0 69 37,52437 250, 0 Capit l 36,4950 15.09, 50,6 0 50,7 0 94,50. 25,0 0 26,082608 398, 608 9,71,634 20,8 70 28,31053 895,250 59,72617 36,495.0 124.80634 71,45870 79,01.53 94.50 250, 0 257o ~6 26,97 85 jal Tot 85,135 87,2473 1,087,50 9,67,430 4,162,0 7 625.0 0 102, 6835 94,650 486,374 3 16,08750 29,165.930 28.5 135 13,98702 36,495.0 16,425.0 50,6 0 50,950 94,50. 1,250, 0 25,0 0 26.082,603 S ITCSNOUGOSRNRFHPEIUAOEWPFAIEDR 3764,757 3,0 76 1 30,5 $ Refundi g LsieTo -194 10,36497 Provincfe 107,9450 10, 0 18,93014 45,3410 3,0 ,0 2,01 0 8/70 0 25,0 0 2,960, 0 107,35204 9,71 ,634 20,8 70 28,310.53 295,0 0 I.o o. o 1.3 6.0 " 295,0 0 l.o ao 94.65,0 39,150 15,0 0 19,4850 28,50 0 625,0 0 9,825,0 567,0350 Refundi g 5,0 .0 37,4 0 $ —1950 860, 0 2,645.0 96,2480 Capit l 39,4650 361,407 15,0 0 18,6350 28,50 0 625,0 New 85,136 (5,49823 1,087,50 9.67,430 $ 7,180 470,8150 39,50 129,50 10, 0 2,84^0 14,5 0 3,67~60 5.095.0 . 204,5 0 7,238~0 3,580 -1951 Refundi g 50,0 0 1,0 ,0 1,05 ,0 5.065.0 10,948.150 29 ,850 18,972408 20 ,0 $ Capit l New $ 10,8 0 39,50. 12,3 .0 10.G 0 2,84,0 10,97450 3,67,0 5,095,0 193,68250 50,0 0 30 .0 0 1,0 ,0 1,05 ,0 5,065, 0 10,748150 29 ,850 18.672,408 2,61 ,0 860. 0 1,72650 5,0 0 49,6 50 1,72650 $ 'Tot•al 59,72617 36.495,0 126,3 4 71,45870 79,305 3 94.5v)0 1,250, 0 25,0 .0 26,97 85 461,73 25 401,768 New $ 895,250 2,61 ,0 $ 657,02814 t$3,0 0 159,4 0 1,391,65 5,475,6 0 New 97,50 1,83,976 7.430. 0 19,70 89 10 ,0 0 10 ,0 368.4,9 76,0 0 1,390, 0 2,590, 0 260, 0 Capit l 23,560 158,470 5,0 ,0 15,30. 0 50, 0 7,460. 69,2035 10, 0 189,450 234,81046 2,645.0 4,162,0 7 90,5 35 39,4650 436,905.243 16,08750 28.305,930 28.5 135 625.0 1,34207 17.68250 52,4 158 4,15 0 140.98150 10,29 850 2.84.0 3.576,908 376 ,0 23,6 250 1,987, 18 /15,80432 49,6 340 W,415, 0 1|3,06.15 0,29 850 0 0 29,6 908 2,284 46589,2073 516017,3,94-85 258,046 3,8 0. 0 1,987, 18 13,0581 3.67,0 21,75432 24.698,40 1New$9,8250i.Oou 31642,809 2,50 — — 24,6980 Governm-tgovernm—tGavcie,s&t,Posein 41,932 ifnbuncoltoadiyneset JANURY Notaesn-d ecotp,manufctres oiemanufctrig throaelddtiicnngg.,, Noatneds ecotpr,manuf acesorimanufctrig : throaelddtiincngg.,, ceotp.r,manuf aces«orimanufctrig— etc.* htroaelddtiinncgg.,, ceoptr,manuf acesori.-manufctrig thraoedlditnicngg.,, securit JOFANURYCorpate— bonanotdedss stock stoc-k bonaontens—dds stock stoc—k foreign- bonanotdedss stoc—k stock corpate MONTH Refundi g 215,6490 23.560 158,47 0 i7o" o~,b 16750, 0 50. 0 260, 0 78,50 32,6450 105, 0. 192,84065 458,6275 1,540, 0 1,540, 0 ijSolo $ CAHARNDTE SOUMFARY $ 16,075 0 14,287 4 327,590,*524 18,5410 New from FCOREPIGNAT, 2,30 . 0 23,14 0 31,2 76 s.o~ 7bo 5.82.82 63,184693 27,80 75,3410 2.50 0 193.2617 1L70 0 25,0 0 12,68 2 2,960, 0 2.960, 0 85,14 0 $ Capit l 27,80 25,90 0 19,50 0 140.9,0 T4-4LFGAOMVFEUITMNRNOJAMAHFCDNYPTRUEIE,GLVRS19—5TCRoeafuptanitdlilg$120,85637,89 _2507—— ._ —:—T-,12358,046 t3,30_4857,720015329—751,943806Smtaunicpeldtess MOJjFAYIHNVEUERS Capit l 38, 6.08 $ Refundi g 2675O~07b 3,0 ,0 21,94510 87to76o 25,0 0 $ 41,90 1,697,015 461,7325 4,50 , 0 4,50 , 0 27,80 52,40 0 2,50 0 162,04 0 8,70,0 25,0 0 2,30,0 30,76 0 58,015 0 15,984763 2,61 ,0 $ —194 -1947 s 20.835,0 214.86,791 10 .0 0 $ -1948 Total Domestic— Long-term Short-em Pref red Com on Candi — Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on Total Bank •Municpal—Stes, 15Interaiol foreign and Staes Can dian Other Loan Farm United do toal f"igTuheresse Grand OFMONTH Bonds coal, indaunstrdl bueildtncgs, tInrvuestsmn,Miscelanous SBhoortn-TdesmRailrods utiles sctoeall,,Equipment and indausntrdl bueildtcng.s, Itnrveustsmn,Miscelanous Railroads utiles sctoeall,,Equipment and indausntrdl buildngs, Intvreustmsn,Miscelanous Total Railroads utiles sctoeall,,Equipment and indausntrdl bueildtcng.s, Intvreustmsn,Miscelanous corpate Long-Term Railroads Puutilbleisc Equipment Maotnodrs Irsoten,l, Total Other Land, Oil Ship ing Total Public Iron, Motors Other Land, Rub er Ship ing Oil Stocks- Public Iron, Motors Other Land, Rub er Total- Oil L Total Public Iron, Motors Other Land, Ship ing Number 4997 Volume 173 r . ETC. COPPER, COAL, STEEL, IRON, Placed privately with Life Mutual of Co. Insurance debentures. Price, Life to Life of Co. Insurance Sold by Pur¬ with New privately for working capital. Placed England Mutual Life Insurance Co. pose. with Gas Mutual chusetts Life .Dry Ginger comb, due consolidated New par. r . • . STOCKS fund and April due debentures fixed contingent) 3% Convertible sinking (with interest 3% Inc. Co., Ale 15, 1961 and 14,975 shares of common shares f Offered by Luckhurst & Co. $100 per unit. & Central Glass Co. of West Va., Inc. 12-year 5V2% sinking fund debentures dated Jan. 1, 1951 and due Jan. 1, 1963. Ohio by The Offered properties. of acquisition for Purpose, $4,248,150 Central Illinois Public Service Co. 267,600 shares of common stock (par $10). Purpose, for expansion program. Kinnard & Otis, Placed privately (W, *1,500,000 Hall due & v 1.968. 111. Chicago, erect new 10-year 4% serial notes for general capital Price, at 100%. Placed privately through Securities Corp. with Lincoln National Life purposes. American Inc. over a with privately small a group Lystad Sold company by company, to Purpose, Price, without underwriting. by estate. an period Wells V i/ expansion Price, to yield from 2% to maturity. Offered by McMahon & program. 3.42%, to according Hoban, Inc. King Congregation, Wauwatosa, Wis. 33/#% first mortgage sinking fund bonds, series B, dated Jan. 15, 1951 and due July 15, 1963. Purpose, for new con¬ struction. Offered by E. C. Ziegler 8c Co. 225,000 Christ and serial 4% annually construct notes 1, new Offered interest. Purpose, to and accrued 8c Co., Inc. 1952 to 1965, inclusive. high school. Price, 100 Oct. \ High School, Fort Wayne, Ind. 3Y2% dated Dec. 15, 1950 and due Lutheran 185,000 Concordia Eckhardt-Petersen by and Insurance Co. of New York ($500,000i; the New York Life Insurance Co. ($500,000) and the First Wisconsin National Bank ($400,000), the latter for the shorter term notes. Financing arrangements were made through B. C. Ziegler & Co. with privately White $10,948,150 struction. 1 (par stock Feb. nually first 3%%-4% Kans. bonds due an¬ Purpose, for new mortgage 1952 to 1961, inclusive. Price, 100'/a and accrued interest. 1, construction. by Eckhardt-Petersen Offered the 1 Purpose, to repay note at interest net due of common debentures loans bank 1, subordinated 1953 interest (bearing based on sinking 5% and 10 and for Blosser; Fair •595,000 Food due Stores, expansion for Mutual Benefit secured note 1951 through Dec. 1, 1970. privately with 3.20% Life and program. Insurance 4.25% Placed Co. 9,000 Jan. to f Auto 15, Jan. 1951 1, Stores, and due 3%% Inc. in inclusive. 1961. stock Purpose, to borrowings and to increase working capital. vately The Life Life Guardian Insurance Lynch, Pierce, dated Placed pri¬ Insurance Co. of New York, Life Insurance Co. of America; Reliance Co. of Pittsburgh and Lincoln National Co. of Fort Wayne, Ind., through Merrill with The Insurance notes from Jan. 1, 1953 retire outstanding Mutual Life Fenner & $5,095,000 Beane. Co. Miller Engineering 100/115ths $5 of Corp. per stock options. •390,000 Dewey & (no 6,997,463 Dow per Chemical Almy share. Co. Chemical Co. 121,695 shares of common 4,502,537 Dow Co. Chemical $15). Purpose, Price, $57.50 scription by 78,305 shares of common stock (par and working capital. for capital additions share. Offered by company for sub¬ employees of company and its subsidiaries. per Inc. 4.0,000 convertible privately Placed 150,000 Interstate (par $10 per Service preferred stock common Freight System 15,000 shares of com¬ $1). Purpose, for working capital. Sold by company to its employees. share. Corp. 33,050 shares of $1,50 cumulative (no par—stated value $22.50 per share), purchase warrants attached. Pur¬ stock $25 per share and Lemon 8s Alstyne Noel Corp.; H. Inc.; Stein Bros. & Boyce; Doolittle & Co.; Clement A. Evans & Co., Inc.; Goodwyn & Olds; Mackall & Coe; Stirling, Morris & Bousman; Chace, Whiteside, Warreh & Sears, Inc.; Robert C. Jones 8c Co.; C. T: Williams & Co., Inc.; Irving J. Rice & Co., Inc. and C. F. Cassell & Co., Inc. pose, for working dividends. accriied capital. Price, Underwritten by Johnston, Union Securities Corp.; Van P. Wood & Co.; Mason-Hagan, Co.; - ... 5% cumulative working capital. with institutional investors. Motor stock 743,625 Lincoln with 5% Completed. shares. mon of preferred stores. *750,000 Heller (Walter E.) & Co. 7,500 shares of preferred stock (par $100). Purpose, for Price, shares stock (par $25). PurPrice, at par. Offered by for subscription by common stockholders, with Securities Corp. purchasing any unsubscribed Bankers stock (par Purpose, Stores, modernize to company 12,000 shares of common facilities and for ; .Department cumulative Sold for capital additions to plants and working capital. Price, $57.50 per share. Offered by company for subscription by stockholders, without underwriting. $15). Co. & Dose, Purpose, par). Inc.; subscribed. for expansion program. Price, privately to an, investment trust permanent investment. stock Jaffray 1,GOO,000 Hearn 2,070 shares of common lor working capital. Price. share. Issued upon exercise of Emanuel, Deetjen 8c Co,; First) Ripley & Co., Inc.; Hemphill, & Hopwood; Putnam 8c Co.; Rogers 8s Scherck, Riehter Co.; Smith, Darney & Co.; Inc. and Van Alstyne Noel Corp. Over¬ Piper, Purpose, $1). Co.; Harriman Co.; Graham, Stroud Robert W. & Drexel & (Inc.); Tracy, 4.80% cumulative Fulton, Reid 8c Co.; corpo¬ Parsons 8c Co.; McCorinack 8c Co.; McDonald & Co.; Merrill Lynch, Pierce, Fenner 8s Beane; (par Purpose, refunding refund¬ purposes California Burge & Kraus; Bateman, Davis, Skaggs 8c Co.; Fahey. Clark 8c Co.; Co.; (par $32.50 10-year instalments - and for expansion and working capital ($1,200,at par and accrued dividends. Underwritten Consolidated for *3,000,000 White's (par $30). dividend ($6,012,182). Price, $100 per share and accrued dividends. Underwritten by Eastman, Dillon 8s Co.; A. G. Becker <fc Co. Inc.; Blair, Rollins 8c Co. Inc.; Blyth & Co., Inc.; Alex. Brown 8c Sons; Central Republic rate for work¬ Co.; Hornblower 8c Weeks; W. E. Hutton & Co.; Lee Higginson Corp.; McDonald 8c Co.; Merrill, Turben & Co.; The Ohio Company; Piper, Jaffray 8c Hopwood; Prescott, Hawley, Shepard & Co., Inc.; Westheimer & Co. and Dean Witter 8c Co. Oversubscribed. Moran Inc. 50,000 shares of shares of $4.20 preferred stock (par $15). Purpose, and for expansion and general ($1,987,818) ing share. Offered by Gearhart, Oversubscribed. preferred stock & Hayden, Sills, semi-annually from June 1, Purpose, the by Mason, stock 80,000 Inc. Stores, Fair cumulative Price, Eichler Price, $500 per unit. Fairman & Harris,' Inc.; Straus & Co.; Pacific Co. of Cali¬ fornia; Taussig, Day & Co., Inc.; Cruttenden & Co.; Kenower, MacArthur & Co.; Titus-Miller & Co.; Slay ton & Co.; Blair, Rollins 8c Co., Inc.; McDonald-Moore 8c Co.; Clayton Securities Corp.; W. C. Gibson & Co.; First Securities Co. of Chicago and R. H. Johnson 8c Co. Underwritten & Stores Co. 60,000 shares of 414% cumulative con¬ preferred stock (par $100). Purpose, to reduce loans of wholly-owned subsidiaries and for addi¬ tional working capital. Price, at par and accrued divi¬ dends. Underwritten by Lehman Brothers; A. G. Becker & Co. Inc.; American Securities Corp.; Bache <fe Co.; Bacon, Whipple & Co.; H. M. Byllesby & Co., Inc.; Courts & Co.; Emanuel, Deetjen 8c Co.; Goldman, Sachs 8c Co.; Granbery, Marache & Co.; Hallgarten 8c Co.; Hallowell, Sulzberger 8c Co.; H, Hentz 8c Co.; Hirsch & Co.; Hornblower 8c Weeks; W. E. Hutton & Co.; Jenks, Kirkland & Co.; Johnston, Lemon 8c Co.; A. M. Kidder <fe Co.; Kohlmeyer & Co.; Laurence M. Marks 8c Co.; Newburger 8c Co.; Paine, Webber, Jackson 8c Curtis; Parrish & Co.; Reinholdt & Gardner; Riter 8c Co.; Shields & Co.; I. M. Simon 8c Co.; Stein Bros. 8c Boyce; Stroud & Co., Inc. and Zuckerman, Smith 8c Co. Over¬ subscribed* bank Button Co. common Lane, vertible shares of capital stock and for working capital. for subscription by of Offered by Clement A. Space 8c Co., Inc. value. Johnson, Inc. Hirshberg, & 6,000,000 City per by Goldman, Sachs & Co.; Baird & Co., Inc.; Ball, and its subsidiaries) and 30,000 (par $1) in units of $500 of shares of stock. Purpose, to repay stock working capital. Co. Controller 0001. consolidated $2 stated at Inc.; Co., Norris 8,000,000 Food purchase equipment and to Price, Otis, Inc. & ($300,000) fixed of company earnings shares Dec. contingent and Price, 8c Evans and company shares 100,000 Inc. capital. 1,500,000 Clark junior Corp. Acceptance debentures fund by stockholders of Rochester Purpose, cent). convertible $1,500,000 Colonial Offered par. common Kinnard $3,667,000 MISCELLANEOUS 131,025 Inc. Plastics, $1). 200,000 Cinerama, ing < stated capital. Noyes, Inc. & Co., MISCELLANEOUS cumulative per share. Underwritten by Mitchell-Hoffman & Co., Inc. Offered "as a speculation." Price, Offered by Gear¬ & Co.; Walter J. "as a speculation." Finance Co. Inc. (Ga.) 12,750 shares of $1.60 convertible prior preferred stock (no par— value $23.50 per share). Purpose, for working $299,625 Atlas working for 500,000 shares of common stock (par working capital and other corporate $18,972,408 300,000 shares of Purpose, under 1950. Price, $1.62 V2 Per share. hart, Kinnard & Otis, Inc.; White Connolly & Co., Inc. and Moran & Co. $1 Price, etc. capital, (par Mission, Corp. cents). 25 (par shares of class B 5,730 Inc. 25 (par purposes. , Equipment Baseball $300,000 Automatic Synod) (Missouri Church Lutheran Evangelical 26, B "best efforts cents). Purpose, for working $2.50 per share. Subscribed for by em¬ stock purchase plan adopted on Sept. Price, ployees class (44,104) were a p Products, stock 812,500 Wileox-Gay Corp. $1). Purpose, for , MANUFACTURING AND : Vitamin capital. ETC. Oversubscribed. INDUSTRIAL \ common Purpose, to repay '-l STEEL, COAL, COPPER, speculation." OTHER 131,025 Capital through Elyth & Co., Inc. York Co. of New ance 102,000 Trinity basis." Cohu & Co. on through publicly 14,325 Walker cents 15 and 3V2% notes 20 years. Purpose, for new con¬ privately with The Mutual Life Insur¬ Placed offered Tungsten Corp. 1,999,000 shares of common stock cent). Purpose, for working capital. Price; per share. Offered by Tellier 8c Co. "as a $299,850 Nevada Calif. 3% Burbank, v v common •255,000 St. Joseph Hospital, maturing in 4 to of 4.40% 325,000 shares and company for subscription by class A stockholders. Unsubscribed shares common Oversubscribed. Co. 8c . Life Mutual The by Purpose, for working program. Price, $5.35 per $5.37V2 to public. Offered cents). 25 (par and for expansion stockholders and to share dividends. accrued IRON, •1,400,000 St. Clara College of Sinsinawa 2%% to 33/»% serial note's dated Sept. 1, 1950 and due serially from April 1, 1952 to Oct. 1, 1965. Purpose, for new construction. Placed Co. expansion for and loans share $1,500,000 Catholic Bishop of Cleveland, Ohio 2^4% to 3%% direct obligation serial notes dated Jan. 15, 1951, due $100,000 annually from Jan. 15, 1852. Purpose, for construction and Electric & program. Price, $21 per Underwritten by Blyth & Co., Inc.; Harriman Ripley & Co., Inc.; Merrill Lynch, Pierce, Fenner & Beane; Smith, Barney & Co.; Stone & Webster Securities Corp.; Dean Witter & Co.; Blair, Rollins & Co., Inc.; H. M. Byllesby & Co. (Inc.); Elworthy & Co.; Schwabacher & Co.; Weeden 8c Co., Inc.; William R. Staats Co.; Wesley Hall & Co.; Hope & Co.; Bateman, Eichler & Co.; First California Co.; Hill Richards & Co.; Lester & Co.; Revel Miller & Co.; Whiting, Weeks & Stubbs; Brush, Slocumb & Co.; Mitchum, Tully & Co.; Shuman, Agnew 8c Co.; Pacific Co. of California; Crowell, Weedon & Co.; Davis, Skaggs 8c Co.; Pacific Northwest Co.; Bingham, Walter 8c Hurry; Irving Lundborg & Co.;-McAndrew & Co., Inc.; Stern, Frank & Meyer; Sutro 8c Co.; Henry F. Swift & Co.; Wagenseller 8c Durst, Inc.; Wulff, Hansen 8c Co.; Dewar 8c Company; Maxfield H. Friedman; J. A. Hogle 8c Co.; Mason Brothers; Paciiic Coast Securities Co.; Rqggio, Reed 8c Co.; Walston, Hoffman & Goodwin; Bailey 8c Davidson and C. N. bank s Insur¬ ETC, BUILDINGS, Gas stock capital Cities Water Co. 2,000 shares of 4%% cumulative stock, series A (par $100). Purpose, refunding, privately with an institutional investor. Diego Vitamin Walker common and Scott, cumulative preferred stock (par $20). $14,554,500 LAND, McJunkin, Patton & Co,; Mullaney, Horner & Mason, Inc. & Co.; for by company Placed Co. ance Chemical Co., 257,903 stock of Vitro Offered subscription by common stockholders. Products, Inc. 48,000 shares of class B Purpose, for initial working capital a subsidiary. Price, $10 per share. $1). (par 30,000 shares of common Co. Manufacturing 300,000 Vitro Lisle & Marshall; Burns, Corbett & Davenport & Co.; Dixon & Co.; First of Chicago; Carter H. Harrison 8c Co.; Co. Co, Offered by company to its stockholders, share. per employees who were already Brown, Moran & Purpose, $1), Stlfel, Nicolaus & Staats Co.; William R. ' Heating Corp. 4,575 shares of commcn stock (par for general corporate purposes. Price, Vapor approximately $40 preferred * 6,500,000 San Life Metropolitan with privately Placed poses. Co.; Inc.; Mason, 100%. Governor Co., Inc. promissory note due over a of 10 years. Purpose, for general corporate pur¬ •750,000 Pierce & shares Of class A for working capital. to private indi- company Securities Corp. Aetna 183,000 Metropolitan St. Louis Co.; Pacific Northwest Co.; Scherck, Inc.; California; of without per 112,500 shares of class A stock (par $1) and 112,500 shares of common stock (par 1 cent), in units of one share of class A and one share of common stock. Purpose, to purchase patent and equipment and for working capital. Price, $2.05 per unit. Offered by Laurence Noonan Securities retire at debentures. Inc. held duals, Davis H. Co.; Co. Inc.; Co., •200,000 Ohio Redick, & of stock Paul Illinois Riehter of investors. Inc.; Co. & $5 Privat-ear Corp. 230,625 & Co.; Barney Inc.; Bacon, Whipple & Co.; William Blair & Co.; Harris, Sold by underwriting. share. Price, (Inc.); Co. & Co.; Pacific of America, Inc. "4% income debentures 6-to-10-year period. Purpose, to increase Placed production. 100,000 Becker Pickard, Corp, maturing Allyn and Co., C. A. Bretscher Purpose, Co. Insurance •650,000 Lithium debentures fund sinking to the United States. Society of Helcnc Curtis Industries, due 1951-1960, inclusive. •600,000 3% Co. Purpose, ♦134,250 Plastic Film Products Corp. 26,850 non-voting stock (no par). Purpose, underwritten by The First Inc.; Central Republic Co. Hornblower & Weeks; Julien Collins & Co.; Farwell, Chapman & Co.; M. Marks & Co.; McCormick & Co.; Schwabacher & Co.; Straus & Blosser; Ames, Emerich & Co., Inc.; Blunt Ellis & Simmons; H. M. Byllesby and Co. (Inc.); Cruttenden & Co.; Dempsey & Co.; Edward D. Jones 8c Co.; The Ohio Co.; Carl H. Pforzheimer & Co.; Sills, Fairman & Harris Inc.; Stern Brothers & Co.; F. S. Yantis & Co., Inc.; Bateman, Eichler & Co.; Bosworth, Sullivan & Co., Inc.; Dixon 8c The building at Placed privately with Equitable Life Assur¬ 1, G. Hall v Co. Insurance LLe Co.; A. Mutual The Printing F.) Jan. ance with Co., & Eastman, Dillon 8c Co.; Glore, Forgan Goldman, Sachs & Co.; Lehman Brothers; Smith, York. New Blyth Corp.; Offered by stockholders. Un¬ common and its subscription. company Business Machines Corp. 140,000 shares of com¬ (par 10 cents). Purpose, for working capital. Price, $1.37 l/2 per share. Offered by Tellier & Co. and Jacquin, Stanley & Co. stockholders. to (Inc.); Oversubscribed. Inc. share per company for subscription by subscribed shares (128,108) Boston •6,500,000 Green Giant Co. 33/b% notes due 1971. Purpose, refund¬ ing i$3,580,000) and for expansion program ($2,920,000). of $15.87 V2 Price, V 10-year debentures due I960 and 30.000 shares of common stock (par 10 cents) offered in units of $1,000 of debentures and 1,000 shares of stock. Purpose, to retire short-term debt and for work¬ ing capital. Price, $1,000 per unit. Offered by Gearhart, 6% Appliance Corp. $1). stock mon - Company. 30,000 General UTILITIES PUBLIC / (par Mohawk 192,500 company. 125,000 the of $100). (par stock Price, $21 per subscription by employees by company for Offered share. expenditures for pany (par 4,000 shares of common general corporate purposes. Co. for Purpose, St. Louis RR. 33,770 shares of Purpose, to reimburse cornalready made. Price, $150 per share. Offered by company for subscription by common stockholders, without underwriting. Oversubscribed. stock common • Chicago York, $5,065,500 New Uxbridge Worsted Corp. 15-year 3V2% prom¬ issory note due Feb. 1, 1966. Purpose, for general cor¬ porate purposes. Placed privately with an insurance •2,000,000 Bachmann Corp. stock Maltine RAILROADS 3,500 shares of 5% preferred for general corporate pur¬ through Reynolds & Co. Purpose, 120,000 shares of class A. convertible $1). Purpose, for working capital. Offered by Sills, Fairman & Harris, and Davies & Mejia on a "best efforts" basis. Inc., (par Corp. $5 per share. Price, 84,000 $1) in units of $100 of debentures and five of stock. Purpose, for expansion program. Price, stock stock common Offered by company for privately Placed Kaye-Halbert 600,000 stated par value are taken at par, while pre¬ ferred stocks of no par value and all classes of common stock are computed at their offering prices.) (Preferred stocks of a Hie. 748 shares of to repay bank loans par. $1001. (par poses. common 299,500 American pre¬ stock and for expan¬ subscription stockholders, without underwriting. at Plywood *350,009 Humboldt stock par. units Purpose, Price, by common • stock to employees. Service, $10). sion. 1.951. 1, Nov. ($44,735,000) and new money ($40,Offered by Macdonald G. NewYork fiscal agent. Co. Insurance and 1951 1, 1.85% Banks Credit Feb. for additions to Hamlin & Lunt. (par in Household 7,480 Government Agency Issues dated refunding Price, at Purpose, 720,000). Equipment, Inc. 4% promissory notes due Purpose, for new construction. Placed privately the Penn Mutual Life Insurance Co. and Massa¬ 1964. to Placed (par MANUFACTURING AND INDUSTRIAL OTHER •$2,000,000 Affiliated and Intermediate debentures at equipment and par. Offered by of one preferred and one common Purpose, to develop four-passenger "Helloplane" pursue military business. Price, $25 per unit. privately by company. $1), (par \ Loan and Farm $85,455,000 Federal 5,000 share3 of 5% preferred stock, series A (par $50). Corp. 3,000 shares of non-cumulative $20), 3,000 shares of common stock ferred share. ' $1,050,000 due Corp. Alloys & new company Aircraft Hello ♦75,000 ACCESSORIES AND MOTORS Motor Co. 3.95% secured promissory note serially from April 1, 1951 through Jan. 1, 1971. •$2,284,000 White buy Price, (par $ljk stock common Price, $3 per share (net). Burnside 8c Co.,' Inc. 1,375,800 Graybar Electrio Co., Inc. 68,790 shares of common (par $20). Purpose, for working capital. Price, at York. New of B. Oversubscribed. for pose, Mutual to buildings. Finance Corp. five-year subordinated note.' Pur¬ working capital. Placed privately with the *700,000 Motor $10,000,000 Refractories Purpose, surplus. without capital -and by company, shares Mortimer to cumulative convertible special stock five-year increase- directly Offered par. Co. Insurance Purpose, - at privately Electro 250,000 Jan. underwriting. with York. New properties. 300,000 International I960, bank •2,500,000 Ventures, Ltd. (Canada) 3%%' secured note due in repayable in annual instalments. Purpose, to repay loans and for working capital. Placed privately The of insurance company. an MANUFACTURING of due notes nated Sold 25,000 Co. to pay for equipment. Purpose, 1 West Va., Inc. 5-year 6% subordi¬ 1, 1956. Purpose, for acquisition Offered by The Ohio Company. Glass. Co. $50,000 Central to AND INDUSTRIAL OTHER Metal Co., Ltd. 3l/«%. 20-year notes due 1971. provide ample funds for the development, of Southwest Potash Corp:, a wholly-owned subsidiary. •$7,500,000 American Purpose, Including Five Years) and ♦75,000 Duraloy Maturing Up to Short-Term Bonds and Notes (Issues (Continued from page 3) 5 (1273) Financial Chronicle The Commercial and ... ♦Represents issues placed privately. (Continued on page 6) 6 (1274) The Commercial and Financial Chronicle (Continued from page 5) 25,000 Midway (no Airlines, Inc. par). Purpose, $1 25,000 share. Price, per General shares Of Investment News speculation." a In of (par Airlines, 10 2,000,000 shares of capital stock Purpose, to acquire equipment and for cents). general corporate writing. purposes. Price, at par. Offered by stockholders without "under¬ additional 3,000,000 shares were acquired by for company subscription An January— in cancellation of promissory notes ■ « were $17,168,250 acquired for cash. < < < •' • and 1,450,000 Net ry. —V. stock mon Machinery $20). (par by Blyth & Co., Inc. 100,000 Audio 10 Devices, cents), & gan Price, Building shares of Offered 50.000 $2 & $25 of share. com¬ Offered shares of stock common Offered Equipment Corp. $3). Foundry 1,080 $23 Marshall for Mor¬ America. $7 12,500 share. per share. per account of Cliffs Iron Co. Price, $25 Completed. ; •, 3,500 by Brown, Orchard Co, Young j.;' of Offered stock common by Blyth & Co., v., ' v-''' with Willis par for selling a E. registration a its $1 offered be commitment 2,536,083 & Co., of Inc., "as 11c of with to share per York. New & speculation," proceeds costs the of $35,325, In the that event that balance similar issue, to are which be used taking up purpose owned now $350,000 proceeds of the issue and view a the for to will be If Dewey & stock Almy Chemical Co. (no par)'. Price, Webber, Jackson Paine, 15,000 $31.25 & shares of share. per Curtis. by the stock (par with 18 Fuel & $10). investors through The Associates Price, ior First $11 the 444,116 account Boston shares share. per of Corp. of .common Placed privately Koppers and Co., Inc., Sachs Goldman, & Co. 63,750 Glass Fibres, Inc. 5,000 shares of common stock Price, $12.75 per share. Offered by Blyth & used and development production of oil in of Pacific & stock common by Carl M. Helme stock (George Barney & Co. 1,012,500 Hollinger Offered $3.50). Inc. $26 5,625 shares Price, & $136 Co. 26,250 A Power Price, Mines, $5). Oversubscribed, Brothers. Co. 8,000 $8.50 of 100,000 $10.12'/2 173, shares of common Offered Trecker $3). Price, Inc. stock 2,000 shares share. per (par of (M. $1). Jeffries H.), Inc. Price, & 3,500 $8.75 Thorndike, shares of share. per (no Mfg. par). Webber, Inc. Sales Price, Jackson 3,611,391 MacMillan Price, & & $30.50 171,971 shares share. Underwritten of common by stock (par Co.; Hemphill, Parsons Stone Eoettcher Pacific Co. Horner & Herrman Co.; G. Crawford & Co., & Co., Arnold Pacific Howard, & Co., Cooley & Julien Collins McDonald-Moore MacCallum Co. $42, Fenner Olympia & Co.; Beane. Co. Price, shares share. per & Brewing $1), 4,000 of 3,418,750 Phelps Inc. Offered 11,549 $28.50 Aviation, $1). (par Offered 518,156 Rohm by shares' Price, by & & capital at fered Haas Co. & by Paine, 34,054 Stix, & (par of of Price, Completed. Eastern Co. $18.50 2,505,684 Union stock (no Co. by 449,686 Welex (no & of Co. 381,250 Jet Wrigley (no & & stock share). per stock Kuhn, 5,400 $134 per 24,982 (par Loeb j shares share Price, Barney & Co. Of¬ of Net (par & 5,900 by shares $100). Co., per ry. —V. . stock Gold- of 29,012 Price, shares 6hare. limited shares share. number of p. ''-'I $102:75 of commbn Offered by i common Offered of by stqck Laird $76.25 5,000 per shares share. common 170,929 268.967 32,715 80,737 /.v" 1950 1949 Offered by & Pacific RR.- the : 3,181,230 2,211,661 735,808 1,099,653 .A !'••'. stockholders 1,059,547 v. March on 15 approved designed to A-..-, •• plan a recapitalization shares of preferred . • shares changed of new $25 par value. The 4.4 shares of 5% new cumulative preferred convertible which preferred holders of each stock Net 1,000,000 shares notification of as a class, to vote cumulatively and to cast 11 (ESTl a.m Inc., March on Pine 20 St.,, of company 27 New 758. p. : one vote share. a ; - . ... . . * ' , \ ' " t A' future to be be at approximately ', ■ used to build a G combination school will April on 10 Stockholders preferred stock seven may each be (par to cost converted share.—V. 173, p. March Brothers, plan, one $100) shares into 963. of office 5, N, Y.; mortgage vote from pay an for the estimated cost of of Lit 9 approved a building two- a $300,000. subsidiary. share City of . approving upon from 6,000,000 1,000,000 March filed 8 shares of letter a to City Stores ' Co. stock. common Stores is the of notification (par $1) to The proceeds Each stock, no , , with be to are 171, the offeied be 1147. p. Corp.—Earnings— 1950 f 1949>v $33,383,671 $35 392,213 2,639,930 2,852,251 3,062,563 share™— common announced increase to $5.85 1948 $6.29 " i. $11.07, requirements.- dividend of the request program, 1 that the directors on-March production V'",P V;'- v- America—Expansion Planned— Government, the is company planning an ex¬ subject to satisfactory financing arrangements, to metallurgical coal facilities, by-product coke ovens, ' open-hearth and electric furnace capacity, a blast furnace increased and other improvements and enlargements, J'i / i Certificates of necessity covering the plan, estimated to cost $27,000,have been issued by the National Security Resources Board. 000, —V. 171, p. Cuneo 1783. Press, Inc.—Loan Placed Privately—The com¬ recently announced, has borrowed $1,000,000 from the Equitable Life Assurance Society of the United States on 3% sinking fund debentures due Jan. 1, it pany, was 1966. ' proceeds have been added general corporate purposes.—V. Bansker In Realty to 172, working capital to be used for 1343. p. Securities Corp.—Stocks Offered—• & issue of Feb. 19 mention our was made of an offering by Dansker Brothers & Co., Inc., on Feb. 15 of 300,000 shares of 6% cumulative convertible preferred stock (par $5) and 300,COO shares of class B common stock (par 35^) in units of one share of preferred and one class B share at $6 per unit. Further details follow: PROCEEDS—The proceeds will be added to the funds of the company for its genera) corporate purposes. available -'j the principal activities of the company con¬ buying and reselling a variety of small properties and mortgage throughout the City of New York and to a lesser extent, elsewhere in sist of New York State. \ preferred 6% cum. Class A Class B initially at $21 •(. (par 35 / • EFFECT TO (par $5) PRESENT 35 (par Outstanding 1,000,000 shs, 325.000 shs. 6,000,000 shs. cents) 1,056,290 shs. 325,000 shs. ^ i 173, p. 759. Deep Rock Oil Corp.—Registers With SEC— The SEC of corporation on March 19 covering Memberships in this corporation, i FINANCING 2,000,000 shs. cents)- stock common filed the * registration statement with the a Stock Purchase Plan for Employees involving anticipated contributions not exceed to _ $240,000, and Employee maximum a tributions of common of of 1927. p. of contributions shares the made the to 1951 company to the Plan, stock of the company which for 7,000 shares of not than more purposes of the 7,000 plan its $1 -stock. Plan, together with con¬ will be use J to * purchase par common . principally shares under are the ■ the* open on , expected 1951 to Plan:—V. ' Period End. Feb. 28— Sales The 172, p. on the 14 filed a letter of notification with the of capital stock (par $1) to be offered underwriting. The proceeds will be useddesign, construction,- test and sale of helicopters, for rotary wing field and for other corporate purposes,—1 the the company Co.—Financing Proposals— March 22 sought on bonds, mortgage stock, bonds are The no to par be stock is scries of one proceeds new to of the and of 126,255 first shares value. offered share 1981, ' . registration of $35,000,000 of due in be for sale offered by stockholders of record at the basis Net March without 1232. common share 'i1 shares 10,000 Duke Power of $9,888,032 ' share, per to pay for research in , 1951—7 Mos.—1950 $11,075,994 Helicopters, Inc.—Files With SEC— corporation $5 V. 1951—Month—1950 173, p. 659. SEC. covering at • ' .< 15.4% Higher- $1,223,875-' $1,060,131 — be 172, '"i . Diana Stores Corp.—Sales bidding. per preferred stock conv. stock Sec also V. The share GIVING Authorized > exchange . CAPITALIZATION , refunding "convertible in 10,000,000 shares to additional into and v... 4%% issuable proposal a to 1,500,000 stock common taxes™-, provide The i j with ' ( 1 /.'■ $35,360,000 pansion { merger ■< City Stores common the •' . financing. There are, however, issue any additional stock.—V. 173, p. 1171. on plans .}. bef used on company Of Lit Under the merger the at first . steck common stock Lefebvre, President, Doman J this per approved and j Church of St. John the Evangelist, Interlachen Park, Minn.—Bonds Offered—Keenan & Clarey, Inc., are of¬ fering $300,000 of 3%, 3V4% and 3%% first mortgage bonds due annually Feb. 1, from 1953 to 1961,"inclu¬ sive, at 100 and accrued interest. proceeds . substantially at both plants to meet demands of defense effort involving capital expenditures of about $3,000,000 in addition to the $2,000,000 previously appropriated. ■—V. 172, p. 2219. V" v $380,000. • * story elementary school to SEC. . preferred Gordon —V. to valued » common construction 171,428 after purchased I , Minn.—Keenan & Clarey, Inc., are offering $375,000 of 3%,'3%% and 3Vo% first mortgage bonds due Feb. 1, from 1953 to 1961, inclusive, at 100 and accrued interest. are profit market, V . Church of the Nativity of the Blessed Virgin, Oxboro, proceeds be : the York $40,000,000 ' ™—™- "After Of present preferred is entitled to elect a majority of the board pips or.e when dividend arrears exist for four or more-quarters, to vote cumulatively and to cast 12 votes a share. The comomn stock remains 173, of with per share, without underwriting. purchase additional gas and oil royalties.—V, "Earnings of share preferred will receive under the plan may be converted into 13.2 shares of Childs common stock until April lv 1954; into ll shares until April 1, 1958; and into 8.6 shares until April i, 1961V-■ ' The new preferred stock will be entitled at all times to elect two The prop¬ to BUSINESS—Presently, of remove dividend arrears on the 36,647 per share on March 31. More than two-thirds of both the preferred and common holders voted in favor Of the plan, it was announced by John J. Bergen, Chairman, and Charles Crouch, President. v.-. i Under the plan each share of the present 5'/2 %; cumulative preferred stock of $100 par value, together with dividend arrears, will b? 4.4 payable . 12 Months Ended Dec. 31— The -Earnings— City Stores Co.—Consolidation Approved— Smith, will Cooper Bessemer , : ? notes vanadium Capitalization— preferred company to Sales' 1948 1170. 1170. for $21,927,272 106,330 "45,267 & stock and and currently is reported its mines in Utah. letter by the authorized for $1.75 used > 144,196 stock, which would amount to $11 purchasers. of accounts « Childs Co., N. Y.—Recapitalization Approved— The Co. 1948 $1,398,278 563. p. 4.50% Oversubscribed. per 1049 $1,471,328 420,730 income™ oper. 173, The $15.50 Jr., 173, com¬ Inc. 44,945 -Earnings— ! 1950 1951 1950 1949 1948! railway— $17,494,912 $13,542,243 $14,389,395 $15,175,731 railway— 5,580,961 2,786,384 3,234,614 from Net ; Offered common at \.:' . from church Corp. Corp. a p. City, , f'-v-;.' $1,321,328 Chicago, Rock Island The $55.75 Inc. with of share. Offered Carbon Services, Price, of Oversubscribed] shares & Louisville Ry. 1951 unchanged.—V. shares per Price, (Wm.), par). 158-275 <>)#',. V present by Co. share. per Blyth Inc. Placed (par Blyth i& common common Curtis. 5,084 stock by Co. par). stock Grande stock by $1.50 $16.12 V2 Transmission par). Read l?7i495iV January— Gross (no Completed. Offered Carbide Dillon, Co. preferred share. 255,943 14,875 $1,806,249 , Jackson Price, convertible per 241,522 156,584 1948 ! railway—_ $21,689,607 $16,682,704 $18,461,137 $19,398,327 from railway 4,358,380 701,141 526,681 2,034.807 ry. oper, income— 1,479,918 "1,083,057 "1,322,248 "335,504 "Deficit.—V. Lynch, common Offered Insurance Price, Fuller Sachs & 590,000 Texas Net Smith Associates. shares Service $1). Webber, $5). Net H J • man, $734,241 45,433 from The Offered $12.50). Public & S. stock common (around share. Marine (par (par Baer 1949 $775,707 income™ 173, with' Lake and . to up the covering At 1950 January— Gross Inc.; G. notification Salt uranium of v;:!, Chicago, Milwaukee, St. Paul & Pacific RR.—Earnings Mericka Merrill Offered shares Arnold 5,527 by Geyer & Co. stock oper. directors Fire 402,835 Southwestern mon J. Ltd., pay covering 7 Crucible Steel Co. of $466,968 1951 'Deficit.—V. into market Kirchofer stock as promptly as possible. dividend completes the pay¬ 563. p. 563. railwayrailway from ry. Company; Co.; to daily from Services, from the and The moneys $933,071 356,945 '. from Net Henry i 15,000 Price, $93.75 per Co. Oversubscribed. Paul p. Net . of share. per Inc. $20). *23,600 St. & & Oversubscribed. 22,500 Piedmont railway January— Inc.; Co., Wm. Oversubscribed. Dodge Corp. 50,000 shares Price, $68.37 V2 per share. $25). 173, Gross Scott, Inc.; common Co. Co., & Co., of Continental Royalty Co., Dallas, Tex.—Files—- Supreme Court recently refused for the March and June, dividend railway___,; oper, income^— Weil, Inc.; Co.; Inc.; J.) Price, Pierce, The case. Chicago, Indianapolis Noyes, Co.; Inc.; John L. Nolan & Co. Inc.; Frank Inc., and Strader, Taylor & Co.,' Inc. par). 176,569 : 1951 from ry. Labouisse, Friedrlchs & Arthurs, Lestrange & Co.; Bos- Inc.; Furman (J. 545,065 800,772 311,834 1950, Net $1). Associates, Northwest Inc.; George R. Clement A. Evans Co.; Co., 168,000 Newberry (par & Mason, Sullivan Alester & California; Co.; & 589,342 174,644 1,013,099 314,148 from Eoyce; Kirchofer Mason-Hagan, worth, 329,147 of & Courts Co.; received stockholders ■ increase $2,683,494 impounded moneys.—V. 173, on —V. & and The 1948 January— & Co.; Drexel & Co.; Kidder, Peabody Webster Securities Corp.; Dean Witter & Co.; A. C. Allyn & Co., Inc.; Blair, Rollins & Co. Inc.; Hallgarten & Co.; Hayden, Stone & Co.; Carl M. Loeb, Rhoades & Co.; Paine, Webber, Jackson & Curtis; Equitable Securities Corp.; Estabrook & Co.; Lee Higginson Corp.; Schwabacher & Co.; Spencer Trask & Co.; Paul H. Davis & Co.; R. S. Dickson & Co., Inc.; McDonald & Co.; Riter & Co.; Stein Bros. & & Mines, production ere . immediate plans to 1949 $2,664,026 I per letter (par $ll to be issued option warrant and upon The proceeds are to be added to working used March on purchase provide 1950 above entitled preferred stockholders distribution of the September, Net t % , in 662. p. Increase shares $2,600,839 income™ the to stock >'-• To Chicago & Illinois Midland Ry.—Earnings- of Oversubscribed. f; $2,998,806 the stock Childs, by capital stock share.^'Offered byfPaine, pel- Curtis. & shares Co. $21 Graham, 5,655 146,275 132,073 distributed ment , Co. 142,950 be bonds.- ) Dividend Gross 172,478 Ludlow 1948 381,307 Moneys Released— ... <-• Federal District Judge Philip L. Suilivan in Chicago, 111., on March 16 to. this company for distribution to its preferred stockholders of record at the close of business on Sept. 15, 1950, that portion of their dividend impounded by order of Federal District Judge John P. Barnes in the preferred stockholders' suit now pending in his court. The order of Judge Barnes in the case of March and June, 1950, divi¬ dends was reversed by the U. S, Court of Appeals for the Seventh Circuit on Nov. 16, 1950, and the U. S. review latter $2,588,139 374,264 1951 oper. the i Worth stock a development statement filed was the SEC This Blyth common Offered ry. to stock common by 1949 $2,545,784 1950, dividends was released the week before last. William N. Deramus, III, President, announced that the $45,763 Involved would be > Offered Net to Completed. 30,625 Lamston (par Corp. $19.25 share. by Blyth & Co., • 1950 will is company Commonwealth for Chicago Great Western Ry.—Earnings—' from of name of t of 374,673 Jahuary— railwayrailway™— stock Consumers Power Co.—Bids for Bonds— to from capital the a common Uranium proceeds 172, such 563. p. the released shares per . (par common Oversubscribed. share. per Ltd. Price, » Kearney. & non¬ income oper. of filed 12 of $500. exploration and registration —V. Western $2,163,414 share. Offered by Smith, Completed. Co., of per shares share. per Gold (par Lehman 68,000 Interstate 38,500 ry. —V. Inc. Completed. stock by Co. par). Rhoades Co., Price, Consolidated capital Tea (no Loeb, W.) (par $10). Inc. Net Gross Atlantic voting Offered net for stock other acquire all , unsuccessful, to 1951 railway— railway™— transfer agent, p. 1171. 173, Mr. shipping 40,000 tons of property $2,880,008 833,251 363,986 from from Net 765,000 Great of Net (par $1), Co., Completed. 682,500 Gross be . The company. the shares shares, Bids will be January— 4,885,276 Eastern Gas to shares erties. Chicago & Eastern Illinois RR.—Earnings— by 1951, must Heasley will sell through Hopkins Harbach Angeles, Calif., a total of 50 -shares at $28.50 per share, the remaining 65 shares.—V. 173, p. 1071. retain and of amount March on 115 total of a 115 Los The all the purchased Heasley upon exercise of Consolidated common Offered Oversubscribed, See also V. Del., and changed Corp.—V. 173, p. 1U70. covering W. Co., Canada. 468,750 1951. 1, additional Utah—Stock Oversubscribed—Tellier & Co. on March 15 offered 1,000,000 shares of common stock (par 7% cents) at 15 cents per share. The offering was oversubscribed. the exploration obtaining March subscriptions Is defraying of in option an acreage to amount the exploratory program relating to drilling of such properties will be the with will for the the of properties properties the sold, financing, in in developing the and the of are 19,037 States National Bank of Denver, has corporation the and the to There part of the underwriter to acquire any shares, which are to be offered on a "best efforts" basis. Upon completion of the present offering, assuming that all the shares presently offered are sold, the Investing public will have provided approximately 71% of the cash and will possess approxi¬ mately 33% of the voting control. shares record share, per before April 2, or of the for $14. Claymont, Steel payment of the on at capital. the Of a of SEC Paul stock. sale, commission Burnside statement common public on rights $5) Consolidated Engineering Corp.—Files With SEC— the of the indicates shares share, per stock 3,419,876 1,484,885 filed 14 shares of to are share, per firm Net common Offered The " (par $1). of shares 50c no Completed. shares Oversubscribed. 87,500 Cleveland of Price, Richter & Co. Price, part. (par at March on 900,000 underwriter, (par Peter by company The ; share. per 3,321,731 stockholders common (par corporation Co. Claymont 1170. p. covering the Iron Lisle.& Inc. shares per stock common by Scherck, 24,840 Builders - 9,000 Completed. Inc. Price, Co. Co. 87,500 Bank (no The SEC Laundry Steel 1948 Chevron Petroleums, Ltd., Toronto, Canada—Registers With Securities and Exchange Commission— Issues Not Representing New Financing $225,000 American 1949 -v The \ , , The 1950 $28,169,418 $20,347,743 $26,115,308 $26,874,105 8,161,392 3,164,460 6,223,578 4,925,942 income oper. 173, :['}■ ■' ■ railway railway from Net shares - from Gross Fiduciary Management, Inc., owner of about 84% of outstanding stock, of which 1,550,000 shares were taken 1951 ' Monday, March 26, 1951 . Colorado Fuel & Iron Corp.—Merger Completed— Chesapeake & Ohio Ry.—Earnings- by the subscription stock Denver, Colo., (Continued from page 2) Inc. for their common received by The United ' 200,000 Resort order exercise for general corporate purposes. Offered by company to public "as . Colorado Central Power Co.—Rights Expire April 2—- Corporation and stock common . for each to for close ten the public at subscription of shares business then on competitive at $75 April 6, per on held. financing is estimated at $44,000,000. The proceeds are to be used for financing in part the company's xonstruction program.—V. 173, p. 1171. Number 4997 Volume 173 . . The Commercial and-Financial Chronicle . Tex.—Registers With SEC Duncan Coffee Co., Houston, Working capital increased $1,317,477 since the beginning of the Current assets at the end of 1950 were $17,469,795 and current liabilites $3,354,257, leaving a net working capital of $14,115,538. ' Gulf States >"ear- thB rm, ie8lstratlon class A common company °nJ^ar?h 20 fded e or£ SEC bids covering 150,000 shares of convertible capital cash and securities, not including the tax notes used to offset Stock-(par value $2.50).Federal tax -liability, were $6,417,592, an increase of $357,609 from The shares are part of 500,000 shares presently outstanding, _dnd the beginning of the year. Inventories totaled $7,519,654, as com- "hares'are to -hales iare to be offered for pubic sale at $9 per share, with a 75-cent pei share underwriting' commission-.1 Underwood, Neuhaus & Co. of Houston and Dewar, Robertson &■ Pancoast are named as underwriters. nfCthn Mrnc»?H?nir >c«i P2niC of the pioceftds of sale will ? L to the «*n go nv company. of . operations the end of the existing at - . " - , shares 500,000 of class A common- . bd converted j by ] ' " : to the offering thereof. underwriters prior the discount of 50 cents per ' . share.—V. 173, p. 1171. 1 Electric Privately Railweld The — Service __ cOKA nnn 1/ a . . — _ , • • _i •• tEatings'' per common share ^Resulting . See Electro Refractories & below. Corp. Alloys : " . revaluation from (addition „in 1 -Australia %T -Electro Refractories & Abrasives Corp.—New Name—> of in to the the at •The stockholders of name —v. this 173, 21 & . The ,. shares. ,, , _ are v.-173, p. April 25 1171. approved to proposal a > and '• •? ' In<i .The coporation SEC ; Wash., the at who acts filed 19 of shares 500,000 market, SEC The • Lumber Co.—To & Change Pacific - - lour common shares of $5 par value » Net - . „ 171, . .• . , M&rch 6 it held The f the covering $100 per on the basis ■ . - common stock of no par value ' ' - « of 4, privilege good to 'April 14). Rights are No underwriting is involved. ; ;; are to be added to working capital. • the sum of _y _ $13,881, >•' - ; . . • . . , „ a j ,.vv t income after:taxes- Jl744.407'.... •. 760,630 ,, 10 - ,nr. lj'743.H)0 , . preferred dividend requirements.—V • Gar Udr ■ Wood noofl Sales * r 1951 • Profit. .i.t After V>172, p. preferred . _ ■The company ($50 J5?^,Cn^s 6% of share I per 173, p. 476/' Insurance distribution name Manufacturing Emhart to 1951—12 Mos.—1950 ' $25,668,413 $85,380,394 $84,029,871 1951—3 Mos.—1950 1928. p. • . - - Co., - • . The Trust filed 19 trust The underwriting. shares' proceeds be . stockholders increase the 173, p. authorized Year-end General star reached $3,038,592, ' ' over ' stituteo 40^ , Ho.dmgs of VI* and the vote approving on from $9,090,000 proposal a $661,967. increased. both j + General were $25,484,953, convertible preferred four weeks and offer no under shares of will application this the preferred stock A,. i<7® ^ « hS? V. 173, p. 860. and con- 49% ., ^ those incrfea-ed, increase an of over premium unearned reserve at 14 filed a registration statement with . & will acquire This rowing $7,-. funds on iong unsubscribed shares. Terms of the or nr thereafter other seniritips (unsnecified) • The "stockholders on March 12 voted to change the authorized comm £tock from j 000.000 shares, no par value, to 3,000,000 shares, par o $i2 50 * each in order tb effect a fund, two-for-one split-up York, No. 140 New at 16, 1951, through' 2%% sinking fui.i 101.24% Broadway, Illinois Terminal York 15, N. Y.—V. 173, p. 1071_ New RR.—Earnings— 237,478 1950 $829,112 78,928 $1,018,046 234,877 1943 , $982.'— 241,034. 96,614 17,139 114,764 96,jo_r 1951 January— from Gross Net Net ry. income oper. 173, p. Income 1949 660. Foundation Fund, Inc.—Axe & Co. Retained— W. Axe & Co.,, investment advisers and Axe Securities Corp. as general d:s- shareholders The $1,003,103 railway.— railway from Inc.,. as for tributors the March on Fund,—V. 19 170, p. ■» voted to retain E. 2437. ».,...•■*• . » Corp.—Registers With Securities and Exchange Commission— The corporation on March 19 filed a registration statement with Associated Telephone Indiana ' the SEC rto of the 497,098 par covering 20,000 shares of its $2.50 preferred stock (cumulative, value). * stock The is to be offered for public sale by an underwriting grcu;y Webber, Jackson & Curtis and Stone & Webst r public offering price and underwriting tern.j are to be supplied by amendment. ' Net proceeds of the financing will be used to pay $500,000 borrove I for construction purposes from institutions not affiliated with the; Company and additional borrowings (amount unspecified) for suc.i purposes from General Telephone Corporation. The company's construction program for 1951 is estimated ft headed outstanding common .shares.—V. 173, p. 1172. • of $150,000 and accrued interest. Payment wi:i be made at the City National Bank & Trust Co. of Chicago, No. 20f South LaSalle St., Chicago 90, 111., or at Guaranty Trust Co. of 1966 —V. be & Co. Inc.—V. 173, p. 1071. Redemption— for redemption on April sinking the of due the shares being required will be obtained by borshort term and by the issue and sale of preferred may stork n_ 2io'o^rWaS Up ?666'803' ^h!le0t.llennome reserve in North star stood at ?i an increase of $1 245,109. Both companies showed substantial increases in surplus to policy- as has called company debentures KS Net proceeds from the stock sale will be added to the general funds th : company. The company's present plans contemplate the exof approximately $35,000,000 during 1951 and 1952 for the Expansion of its open hearth facilties, expected to increase ingot capacity by approximately 580,000 net tons annually, and the expansion ofFsjab strip and other rolling facilties. Present plans contemplate bank borrowings of anproximately $10,000,000 for this program. Additional Union Securities Corp. and Stroud Co., and price, are to be supplied by; ^ similar coupon,- Motors operation penditure . Jr0lllrsJrGeTra^^eln?ranceupai S21.627,G88 171, p.up $3,403,549 and was 2511. was $761,373.—V. *j 1 Beane & naming a price of 99.558 for a Stuart & Co. Inc. Philadelphia Plan, the certificates new eral of :/ prior North Star at $6,919,771 the Commerce certificates will be secu^ 4 standard-gauge railroad equipment to be constructed by Gs> Corp. and estimated to cost not less than $4,851,372. Associated with Salomon Bros. & Hutzler in the offering are Drere! thq Illinois Power Co.—Partial underwriting also are to be supplied by amendment. • of ^ March <about a one-for-four basis) Penner General the on semi-annually Oct. 1, 1951 to April 1, by Halsey, under Issue by bid, competing received was • 'v company Certificates—A March 20 A 1,007 < Commission. Each such invitation for tenders will be open outstanding ;i amount of short- subject to approval of the Interstate The group was awarded the on its bid of 99.70. fered April 1, 1952. now similar 1966, inclusive. The certificates are priced to yield fromt 2% to 2.95%, according to maturity and are being of¬ (the number of corn- offered, but inclusive of shares issuable on exchange of scrip), underwriters headed by The First Boston Corp. and Merrill Lynch, Pierce,, while Reinsurance series FF, maturing being dependent upon the closing market price of Stock Exchange on the day prior to the shares owned by tho company, which are included in TvT^^fK obligations investments Reinsurance companies to to after are of retire, a to used 1151. headed by Salomon Bros. & Hutzler on March 21 offered $3,600,000 of 27/e% equipment trust certificates,, the New York ' ratc Noith Star claim reserve at $2,351/02 Unearned premium reserves of both companies also $1,143,849 of up of amounting share each on p. group tenders of the preferred in JTSTSkS?^ SSf Reinsurance <C4 7J.1 coq «■». reserves or a series of 167, Illinois Central RR.—Equipment Trust stock maximum of 477,567 shares of common a . Peak— New at ot ; t, States Government ^ „ SEC seeking registration of 248,600 shares of its common stock, $12.50 par. • The shares are proposed to be offered for subscription by holders of outstanding stock. The record date (about April 3), subscription to $15,000,000.-- to peak—General aiirr United General , 0_,_, .. be to are dissolution of this company was filed with the Secre¬ of New York, on March 7: Distribution of the com-s party's assets will be made next month. ;•• The company will pay preferred stockholders in full, $100 per share and accrued dividends of approximately $28.25 per share. Any remaftiirtg assets will be distributed to common stockholders.—V. 158, p. 1532. Granite City Steel Co.—Registers With SEC— Stars. Claim Reinsurance year ^ . cash of . proceeds notes.—V. due notice of tary of State share of preferred stock A and from 5 to 9 shares of each In three Thg a gam Ot $4,743,683, and North Corp. With $24,605,486, an increase of the previous vear-end ' $Oo,oOU,77b, • . ~ o , *£*° ? .•• Corp.—Assets new a „ . . Placed Pri-i A , 7 . .. Corp.—Debentures Gas Hutcfains Investing Corp.—Dissolves— ; and for working capital. . =fh»P»! nll lmlinn 11 vnto nfr 5,3G2,78o shares of no par common, one vote per share. the Group disclose that assets of both ^OA 77fi ,t Corp.—Exchange Offer— ; « 172 ' investment.—V ' Reinsurance The term par value $50, redemption premium $2.50 a share, 50 votes a share, accrued dividends $n.458 per share to Feb. l, 1951; 51,049 shares of " . Reinsurance * North from commence statements of the corporations comprising Willi Corp Mutual natural To Increase Debt indebtedness Reinsurance companies Pnrrt utility '• will 28 1172. General the for shares There for used . April on : • initial offering date). ; ^ •; ' .. : . the'proposal, the common be to Under mon registration statement with the SEC o.fered at' the market, without a . Natural panies $3,000,000 of 3V2% sinking fund debentures Dec. 1, 1970. Thi_s corporation, investment company, has applied to the SEC for permitting the issuance of common shares in exchange for. c'ommon at The Private sale Northwestern expand ' General Refractories Co. The the to to offered be Stockholders. Boston—Registers With SEC to . to stock common 742. p. are •• 173::. by , March on 75,000 covering preferred bonds 168, v common for each ' used te to purchase equipment t0 •• . letter of notification with; the SEC a mortgage are system.—V. _ , fi ed us_d r 1830. p. } Muskegon Motor Muskegon, Mich.. vately-—The corporation has sold to three insurance com-^ V. 173. p. 8M). 0 172, Houston ?' V'V .eltchange for the common, on the basis of from 10 to 18 shares of subscription General Investors Trust, was has'changed'its it was announced on March 19. • ' has diversified its activities into automatic packaging high-speed automatic presses, and squeezable plastic 172, p. 1136. • •.» $26,870,082 172, —V. _. authorized' an TZheld'payaWe Apr"13 tor (Ga.)—Files ;tWith rSECr—^proposed to invite tenders sale 0l this stock and from ihe additional $750,000 gas V. ■ immediately, corporation has sold its entire stock interest in Specialties Co., a subsidiary, to F. L. Flanders of Would,be offered in exchange for the outstanding 5c/o cumulative pre;£ ferred-stock A' and 5% convertible preferred stock, cumulative. It is , , cumulative for , Life ,„ March 9 on covering $250,000 p. $4.89 '■ , I $6.00 The an order '• ^ ° ' $0.09 4 ' . March 13 approved the creation of on * Graham^Paige 1 027 U00 ■' • be t0 1949 $6 289,333- > *126,538 ' . ' v -jr Gas Light Co.-of Columbus Flans Private Placement of 1,312,000 1,312,000 — -V/ Houdaille-Hershey Corp.—Sells Subsidiary— . 3537. j:l'(Adolph) CWttscho. inc., Hillsidev N. j.-FUes-::. . ^ requirements.—V. dividend 936. . par — 1950 1949 —$69,292,228 $57,230,428 1 7,875,271 6,412,093 ' company sales —V. The corporation on March 15 filed a letter of notification with the SEC covering 12,000 shares of common stock (no par) to be v.offered at $10 per chare, without underwriting. The proceeds are' 1950 $3,358,217 ' $6,799,887 ________—______ - • share______ , company effective Net r .v ; ., Nejt loss after taxes_-_-__________;. -161,028 742,454 Common shares outstanding^^—^, -1,027 900 V 1,027 &00 fEa ratings ":per common share—_-;_J Nil ' Nil and - Co.—Earnings— (The) Hecht Co.—Quarterly Sales Increased 4.7%— 2126. p ' Tnr TTamincr« inc.—learnings— ' Industrie AnauMries, 3 Months Ended Jan.- 31— € 172 ... * V. 131, _, « , " We S 2,632,134 - 91b8™'-'g:'S1b^.rtr93«8TO i; After ^•s the with anticipated' manufacturing facilities. - outstanding common Period End Jan. 31— issue of .116,000 shares of 4V2 % cumulative preferred stock (par $50) and the redesignation of the present capital stock as common-stock. The directors have declared a stock dividend of one share'of pre- "* v ir,, ' ''' „ The stockholders ' * • . " Gotham Hosiery Co., Inc.—Stock Distribution, Etc.— * • , f •••■•" - machinery, bottles.—V, • representing unclaimed final and worthless. on-T'",r'r expire to , Froedtert Grain & Malting Co., Inc.—Earnings— Net ' ' " ■ — per . 1951. The-proceeds • " shares .The to* common r ' statement Hartford-Empire Co.—Changes Name— on-March 16 filed; fa 'letter "of''nbtiHcation ^ and series B debentures of Century ; shares of common stock: (par $1) to be offered 1^ Capiat Corp. J, The holders of these securities have Up to the close of stockholders of record about March 26 • fbU^lness-'On (Sept. >9,/ilB51 to present their bonds or debentures. After one share for eadh five shares held (with an over^^^?a,^ datevthey wlil ;beeome p. 450 share subscription •? registration a corporation SEC al April existing iDroceedS ore to be used for partial financing of revenues 'This* - . filed 21 172, p. 2380. Co., New York, has announced that as of The Manufacturers Trust Co 1357. p. and conditions The income —V. / to- the holders of $26,100 of Globe 6% convertible Forming Machine Co. of.America, InC.-^Flles— ,.v-•.•.7 tvvdebemure «oid bonds and the SUIJI of $3,073 for distribution to the . * needed.- are contracts and for acquisition of new Earnings ■ Industrial Loan Corp.—Note to Bondholders- (par expec- construction Mass. net Common ^ .. . Preferred shares and for each share of 1 . current such canstructlon ' corporation on March 14 filed a letter of notification with the 34,320 shares of class A common stock (par $1) to be at $5 per share by the corporation and Jackson & Co. of Gross no -The stockholders oh March 6 approved a proposal to split-up the preferred and common stocks on be four-for-one basis. For each $100 a Issued in exchange four $25 par Par preferred share there will •'* funds Year Ended Dec. 31— u ' statement witn. 20 cents) toJ Globe Northwest Co., Seattle, f 'm. stock distributor.-V. and ' ' the circumstances Halliburton Oil Well Cementing 1071. p of March on bidding. 173, p. 860; —V. this company to Georgia-Pacific Plywood Co.— 173 and contemplated covering military ! ' , March 28 will vote on approving a proposal ; costs of the , Plywood registration a common through underwriter as ' : i?r»" wtuu March on covering offered be below."' i-~ on , light additional when company The * , N*™e7 Th.e stockholders y; of and labor the level present progress uncertain .• subject to many availability of is and covering 200,000 shares offered to change .the harae of ; ^ ' Equity Fund, Inc.—Registers With SEC— the / company Gyrodyne Co. of America, Inc.—Files With SEC— , . on declared dividends . Lumber .Co. & , of common stock (no par) to be sold at net proceeds are to be used to pay for construction costs and for general corporate purposes.—V. 173, p. 1172. 'Glens Falls Portland Cement Co.—Split-Up— .See Hartford-Empire Co. beiow. ^ '; . Emhart Manufacturing Co.—New Name f . . ■ increase x , the-> stock (par $15) from 800,000 shares to 1,200,000 no immediate plans ior issuance of any additional capital There ■ stock, •„ Plywood Georgia-Pacific stockholders .fan authorized • . 1071. p. Georgia-Pacific See change the < Abrasives Corp... the and purposes requirements. estimate probable the in competitive ^Georgia-Pacific Plywood Co.—Proposed New Name— to proposal a Refractories Electro to company approved Elgin National Watch Co.—To Increase Stock— - ; Feb. on Changed— the fluctuations upon the time Boston, -Electro Refractories & Alloys Corp.-^Name The cost Based to of program 1953. corporate construction Registers With SEC— tBased 1949). stock in December,' 1949 and 1950.—V. 173, p> 104.- ' its general 1951 1953, The 851 382 England Canada, in deduction ' $5.22 r_ currencies and 1950 Irving securities of SEC ^2,756 $8.27 sale the company estimates that the portion of determined 139,244 1,489,095 — «... giving effect Shares, <42,449 common L the Which will be financed through the issuance of addl- ' may aggregate approximately $40,000,000 before the T including the above mentioned proposed issue of common f stock. .The nature, time and extent of the additional financing will be $3,806,472 $2,471,352 147,352. 158,526 1,409,125 Common dividends payable m stock__ in as tional 745,416 : , aggregate an at expenditures end 13,033 . 0-49,343 !_ common dividends paid ci $250,000 4/2% . 700,090 its including program, 1>607>23° : 2i6[385 ______ profit Placed,.Preferred dividends paid sinking fund debentures due 1960. . foreign exchange adjustment.. privately placed recently p - ... service — yield : of construction tations 5i9,6ie . received ; 4|693i265 563,181 will the financing materials. , om i-m 5,030^503 will at 11 a.m. (EST) on April 24. of the common stock will be used York, the from for company portion a factors 21 651 010 ... proceeds as be stock, common $3,500,000, New for the years 1951 to 1953, inclusive, is estimated to require approximately $62,481,000, of which it is anticipated that approximately $22,480,000 will be ex¬ pended in 1951, approximately $20,501,000 in 1952, and approximately j 100,061 of of company $19,500,000 iofi~nan Utilities Co.—Bids for Stock- purchase One Wall St., Wnn -23f06o'752 T- Net Corp.—Debentures company Depreciation _______—i___; . ~ through Eastman, Dillon & Co. an issue Of secured Employees'annuities based upon'past March 16 at $27.12%' per share, with a dealer's >aq n the inn'nsV tn f?r unds.CexTesiamofiSTaxtaXeS"*^~" * 3'sor'nnn ondary offering of 42;320 shares of common stock (par ; $3) was made after the close of the New York Stock Exon nee 4-05,523 _ - IIHI'II" saies__ "in $17090517 Selling, adv.; genl. & admin, expenses, etc.__._Offering—A sec- 1 Local, state & Fed. taxes (other than mc. taxes) • El Paso Natural Gas Co.—Secondary change of Cos. the of . . to the net The .Dec oflnterest- commissions,. etc to by - year.- . to The CONSOLIDATED INCOME ACCOUNT ..." convertible capital * stock-Piscal Yeari Entied— ». were issued recently to stockholders in exchange for and retirement Rales "• ^ - • <■ of a* like and corresponding number of shares of common capital fcovaltie's Interest eommi3sions"etc~~~"": stock' equal to one-half- of all the -common capital stock then record in the name of each stockholder alike. The 150,000 shares are Trial inenmp :- - • " * * ' The price ma:iy ratfe for Trust Co., pa*"ed wlth at that time. theInventories of the year, which were abnor$5,947,512 at beginning are not out of line with the low The Th<s rnm i 7 (1275) Paine, by Corp. Securities The , ^ General Time Corp.—Sales & Green Mountain Power Corp.—Merger Plan Dropped See Central Vermont Pubiic-Be*v ce Corp. a ove. . < > p. Earnings at Record High High Level—After reporting record highs in 1950 sales and earnings for this corporation, Arnold J. Wilson, Greenfield Tap & Die Corp. (& Subs.)—EarningsPresident, told stockholders in the annual report that " Year Ended Dec. 31—* " 1950 1&49 1948 "current production schedules continue at capacity levels Net income after $i,ii6,84P $276,182 $681,024 and every effort is being made to substitute less critical ^Capital; glares outstanding 203<_088 20^1°2? 232o00c materials in our civilian products to meet declining sup—"" '*•, ^ Greenwich Gas Co.—Plans Stock ply in accordance with the Government's Defense Program." •\ Mr. Wilson -of for noted that both engineering departments and research their activities and a very large proportion their facilities has been devoted to important development projects laboratories the have expanded Armed volume of civilian goods Services. defense work." probably "We Mr. faces a anticipate Wilson said, reduction in a substantially "but our increased of production the future." . sale the be . Offering— The stockholders on" April 4 will vote on authorizing issuance of 60,000 additional shares of common stock (no par) at $5 per share, the offering first to be made to common stockholders, This offering is in lieu of the issue of 8,000 shares of preferred and 9,777 shares of common stock approved by the stockholders on Oct. 16, last.—V. 173, p. 200. $2,961,000. bonds of Part of the funds required therefor will be provided from additional securities, a substantial portion of which w 11 preferred stock, when and as required.—V. 173, p. 820. and Indiana Harbor Belt Mrtnth of January— Railway Railway *■ Net Net —V. operating operating revenue v RR.—Earnings— expenses from 566. 1 ;r railway operations income after fixed charges 173, P. 1951 ' revenues..,. $2,439,096 1,762,099 $2,004,C01 l»46.,v i $676,997 98,701 $537/73 71,513 ! The Commercial atnd Financial Chronicle 8 .(1276) March 12 liled a letter of notification with the shaies of 5% cumulative preferred stock to be offered at par ($25 per share) by Florida Securities Co., St. Petersburg, Fla., and H. W. Freeman ft Co., Ft. Myers, Fla. The proceeds are to be used for general corporate purposes.—V. 172, p. 196. The SEC company on operating Costs, oper., general 52,471,884 46,093,757 42,922,670 38,512,357 1,454,955 995,354 935,085 647,585 6,455,183 expenses 5,730,939 5,178,780 3,432,185 in¬ than (other Taxes taxes) come Common Debentures 1947 . $66,645,121 $54,250,031 income $81,960,327 $65,605,838 selling and Gross 3.000 covering 1948 1949 1950 Provision for capital ex¬ Co.—Registers With SEC— Inter-Mountain Telephone The SEC with the ($10 par March 16 filed a registration statement 142,500 shares of its common stock—voting company covering on tinguishments Net income $21,578,306 $12,785,788 $17,608,586 175,588 204,034 208,275 operating Other income $11,657,902 177,994 - vaiUe) subscription by stockholders at the shares held on the record date, price are to be supplied by amend¬ ment. Underwriters headed by Courts ft Co., Atlanta, Ga., are under¬ writing 78,336 shares of the stock, on terms to be supplied by amend¬ ment. These shares are to be underwritten on condition that the re maining non-underwritten shares, 64,164 shares, are purchased by the two principal holders of outstanding shares, to wit: Southern Bell Tele¬ phone & Telegraph Co., Atlanta, and The Chesapeake & Potomac Tele¬ phone Co. of Virginia, Washington, D. C. The company intends to apply the net proceeds of the stock sale toward reduction of amounts owing by the company on short-term notes to The First National Bank of Atlanta, Ga., The Fulton National Is stock The rate of The record share date for offered be to new one At March Va. —V. 171, taxes Net 31 2,343,143 1,170,365 1,170,355 $5.98 $3.89 $10.02 $6.83 two-for-one on July 10, 1947. $10,881,569 (net) insur. life of officer on Fixed assets Deferred charges ,L__ , The corporation the at 15 filed a March on market, without underwriting. investment.—V. 172, p. 3 '/4% 3% 5 F. * .- 20,000,000 5,000,000 Rothschild Scott A secondary offering of 4,545 shares of common stock (no par) was made by Blyth & Co., Inc., on March 20 at $22 per share. It was quickly completed.—V. 173, p. 1173, Supply Co. Secondary Offering — Brothers Stone ft Trask Anthony in deducting $2,053,814 will be received until (EST) noon 000 par preferred stock.- Eroad The St., New York, for the purchase from N. Y., The SEC company's financing program received SEC clearance on , sufficient to raise at company covering $4.25 the basis April of of 3 approving on an proceeds used be to are involved. No underwriting is each 10 to shares used be construct to proposal a cotton a gin. 1173,> (See also V. 173, p. 1072.)—V. 173, p. Kresge Co.—February Sales Up 6.7%— Period End. Feb. 28— Bales There 697 1951—Month—1950 to a in stores 685 were operation ago.—V. 173, p. 761. year $37,240,290 $33,639,792 Feb. at 1951, 28, (S. H.) Kress & Co.—Current Sales Up 4.1%— Sales Number —V. of 173, in stores operation held. filed a letter of notification with the common stock (no par) to be offered stockholders on the basis of one share No underwriting is involved. The proceeds debentures new STOCK Period End. Feb. 24— of $20.50 the record. The sale of the the of ended V. number average Feb. 173, 24, 1251, 861 pp, and of stores 2,042 was operation in during with 2,169 compared the a than weeks four It $6,195,450 letter of also Bakeries, Inc.—Files With with filed *was the SEC March on SEC— covering 1,500 shares of $1.80 cumulative prefeired stock (par $25) to be offered $30.62 Vg per share through Walston, Hoffman & Goodwin, San Calif. Another 1,053 and shares per 816 of Co., holder.—V. with stock the SEC preferred March on stock (par 9 $25) $1) to be offered at $30.62V2 and $25.25 for the common through First (par Francisco, Calif. go to Stanley S. Langendorf, the to are 172, filed was cumulative $1.80 of common San The proceeds cumul. Common corporation covering Lewis lor of selling stock¬ registration statement with a capital stock Inc., New York, 171, to be offered will be to with be the voted value.—V. Oil ported by The proceeds are to be used Split Vote March 27— proposed March upon 173, both this —V. 1950 two-for-one 27, p. the no split-up authorized par gross of the com¬ common stock value to 1,800,000 shares income and net earnings are re¬ in sales compared and operating with sold." revenues $65,605,837 in aggregated $81,960 1949. - Net earnings for 1950 after all charges and taxes amounted to $13,988,245, equal to $5.98 per ahai'e on the 2,340,833 shares outstanding. This represents a 53% increase over net earnings of $3.89 a share in 1949. Working capital of the company at Dec. 31, 1950 increased to $14 654,736 during the year, a gain of $1,132,591. Cash balances and gov¬ ernment assets to securities current compared with a by the due 1951, to compared other orands 1950 $3,174,769 1951—8 Wks.—1950 $3,962,159 $3,817,149 ' Lower— 1951—4 Wks.—1950 - $7,473,865 ' $7,809,886 • : February— 1951 $7,844,500 Higher 1950 $6,924,400 173, p. 762. The has arranged with the Massachu¬ placement of an company proceeds to are warehouse new 1951. . company to be cost / in part for construction $1,950,000.—V. 167, p. 254. used about to of pay a Midcontinent Chemical Co., Grove City, O.—Files— from The SEC Aug. 1, 1951; also, which aggregate company covering of cigarettes, smoking and chewing 15, March on $150,000 demoninations of Ohio. and The TO PRESENT FINANCING ' 98,000 shs. : 5,000,000 shs. • *2,495,999 shs. used to retire be to are and notes Miles Shoes, Inc.—Current Sales Up 8.7%— $1,153,332 173, , 1951—8 Wks.—1950 1951—4 Wks.—1950 Sales Outstanding $17,200,000 15,000,690 1 99,576 shs. (par $100) $1,000 proceeds /Period End. Feb. 28— EFFECT filed a letter of notification with the secured debentures, to be issued in each, through The Ohio Company, 13 5%% of $500 equipment. purchase , ! GIVING v 1 1951 $3,190,041 setts Mutual Life Insurance Co. for the principal * owned liabilities amounted at names the of new which the of underwriters several debentures said and underwriters the the to close $13,051,703. of the year ratio of 2.54 to 1 at the end of Ratio was 1949. of 2.22 current to 1 as and $1,060,835 , $2,133,415 $2,546,936 661. p. Miller-Wohl Co., Inc.—Sales Increased 13.8%— $1,710,093 $18,006,539 $17,608,045 $1,945,799 —V. 173, 1951—7 Most—1950 1951—Month—1950 Period End. Feb. 28— Sales 762. p. the have agreed follows: as South Utilities, Inc.—Stock Middle bids Other and Co. First Brothers Barney Robert W. A. Securities 8.80 150,000 1.00 113,000 .75 Co., Inc 150,000 255,000 1.00 Becker ; Corp ft ft ___ Co.__.__ ft Alex. Co. Inc R. S. ft 255,000 Dickson ft — 150,000 Co ft Co., _« • First Boston Corp._: Hallgarton ft Co ft Janney ft Peabody 2.75 1.70 2.75 . ft Co Co the the the the (no & light upon such Co. the March On sale investment the of will be will be reimbursed for the It is expected that Arkansas Power <fe company subsidiaries the of funds of sale GIVING the company will obtain all required by them in 1951 securities other than com¬ TO EFFECT PRESENT FINANCING dissolution upon sidiaries are of holding a Electric Arkansas ft Light Co., Mississippi Power ft Light Co. and it" is sidiaries The estimated will that the subsidiary companies Co., Louisiana Power ft 1949 sub¬ Light and New Orleans Public Service Inc. construction approximately aggregate 6,050,000 shs. organized on May 27, ft Light .Corp. Its operating company Power Power Outstanding 7,500,000 shs. par) CORPORATION—Is programs ol these sub¬ in 1951 and 1952. interconnected electric 5100,000,000 together operate an utility system and certain other utility properties in the states of Arkansas, Louisiana and Mississippi. Operating revenues of the sub¬ sidiaries for the 12 months ended Dec. 31, 1950 totaled $100,286,273. 1.00 1.70 stock of 255,000 1.70 1950. A .75 by (jointly». authorizations from a total of $8,000,000 Authorized stock Capital 1.00 2.75 Peabody & $17,436 by $17,315 stock. 255,000 412,000 of balance additional through Power Promptly invested. invested. other all financing CAPITALIZATION 150,900 Parsons 113,000 ft mon new 150,000 Graham, Co._ and Co. substantially from of treasury Light or Arkansas of so offered theretofore .75 412,000 Inc _ Weeks Kidder, 2.75 113,000 Hayden, Stone ft Cc._ Hornblower 3.80 412,000 255,000 Haupt & Co Noyes, .50 412,000 Co Harriman Ripley ft Co., Hemphill, 1.00 570,000 ; Granbery, Maraclie ft Co Ira 150.000 the $1,000,000 .50 75,000 Co.___ was above 2.75 75,000 and stock common stock of proposes, company $1,000,000 1951, made 1.00 1.00 additional 16, shares Securities Corp pursuant to and other regulatory authorities, to invest the SEC in by Kidder, by and Equitable Corp. share per Fenner ft Beane (jointly); Lehman Brothers, and Pierce, $17,385 .1.00 412,000 i____ Field, Richards ft Co. Glore, Forgan ft Co Goldman, Sachs ft 1.00 150,000 150,600 Inc.__ Doininick ft 2.75 150,000 Eastman, Dillon ft Co Emanuel, Deetjen ft Co Estabrook 1.70 1.00 412,000 __ Rons Dodge ft 1.70 150,000 Co., Inc Brown Clark, 8.60% 1,320,000 . $17.4959 were Lynch, Corp.; PURPOSE—The Stock $1,320,000 _ Co ft Bairn Stearns G. Co Securities Whipple Bear, _____ ft an received Merrill Boston Union Debentures Lehman Offered—Blyth & investment group which on March 21 offered 450,000 shares of the common stock at $18,125 per share. The issue was awarded to the group at com¬ petitive sale on March 20 on its bid of $17,545 per share. Co., Inc. heads the of percentage respectively Blair, Rollins ft Co. Inc.__ company from are Bacon, 477. oil and chemical products as February, 661. p. Common The in 1951—2 Mos.—1950 $6,206,104 $12,554,326 $11,977,470 issue of $1,500,000 20-year notes. the payment at maturity gold bonds, $10)____^ stock purchase, of refined 327 (par non¬ Merchants Refrigerating Co.—Notes to Be Placed Pri¬ to proceeds amount Dominick income 50 Shoe Corp.—Sales 3.7% vately—The to (par net unsubscribed its annual report for 1950. T. H. Barton, Chairman, and T. M. Martin, President, at¬ tributed the record figures to "additional crude oil pro¬ duction, together with substantial increases in the volume Gross (par 1951—Month—1950 sales__ Columbus outstanding, the Co.—Earnings at New High—All-time high in offered from the new financing will be applied to reduction of such notes.- tin addition, 282.89 shares were, on Dec. 31, 1950, issuable upon surrender of scrip and stock dividend certificates Blyth ft Lion records April 4, on payable to banks then the Smith, changed from 900,000 shares,,of of $5 par p.m. received through 464. p. Link-Belt Co.—Stock stock 5% company's pfd. stock of Adamex mon 3 be debs., due Oct. 1, 19G3— $17,200,000 debs., due March 1, 1976__ 15,000,000 Part to filed 15 shares Management Co., connection at to to be applied to are UNDERWRITERS—The March on 100,COO investment.—V. In of common stock two fully paid and cents). into changed stock Mercantile Stores Co., Inc.—Current Sales 13.3% the 1951, principal The per each share effective, and common Sales the $600,000 to be retired on Oct. 1, 1951, pursuant to the sinking fund provisions of these debentures. tOn Merch the amount of short-term notes outstanding was $23,700,000. terms of 21, 1533. p. >(John II.) Lewis Fund, Inc., N. Y.—Registers With SEC SEC cents each proceeds cigars. stock value 50 par the effect that at the time ^Includes notification shares share for the preferred California 7% that 661. p. 173, —V. < of letter covering of resolution to a company operated 202. stores in February, 1950.—V, 173, p. 762. 173, —V. short-term loans payable to banks, CAPITALIZATION Short-term notes 8 at Francisco, becomes shares Period End. Feb. 24— " 25-year 3% Ex¬ stockholders the to shares, 2,800,000 $6,282,544 Retail March 21, 1951 at the rate of one nine shares of common stock on for outstanding of manufactures and Stock 1951 they consider a proposal that incorporation be amended so as to of Into reclassified be Month of through was Authorized notification certificate share, per -Melville ' <'20-year 3% A p.m. rights expiie net two issues reduction tobaccos, earlier,— year at 3 stock common 761. Langendorf United $1 amendment —V. product is "Old Gold" cig¬ arettes which nccounted in 1950 for approximately 82% of total sales. $76,034,719 $63,045,159 $149,025,719 $122,394,363 The additional share per BUSINESS—The 1951—8 Wks.—1950 1951—4 Wks.—1950 Sales recommended 22 Sales of the debentures on $23,700,000. . York New McLellan Stores Co.—Sales Increased 0.4%— 172, p. 1831. * otherwise redeemable are RIGHTS—The at to the Kroger Co.—Sales Increased 21%— March on directors also passed 201 in ' PROCEEDS—The 256 259 _ the of annual meeting on April 25, shall of each March 1 from 1954 to 1975. The sinking fund redemption price is 100%. The sinking fund will retire approximately 51% of the issue prior to maturity. held 761. p. close Sales r,inking fund at the initial redemption price of 102Vale, and at de¬ creasing premiums until March 1, J972, after which they are redeem¬ at their principal amount. • * The debentures have the benefit of a sinking fund sufficient to 1951—2 Mos.—1950 $10,923,171 $10,489,395 $22,248,340 $20,555,576 _________ _____ directors The general corporate purposes.—V. for stockholders of record 1951—Month—1950 the February Sales 1.23% Higher— With SEC— group. share Period End. Feb. 28— Distribution—A secondary shares of common stock (no par) Secondary — corporation's this of underwriters headed by Lehman Brothers and The 36,505,742 . on assessable Co., on March 22 offered $15,000,000 of 25-year 3% debentures, due March 1, 1976, at 99V8% plus accrued interest.. Simultaneously the company is offering to its common stockholders, 249,600 shares of its common stock for subscription at $20.50 per share. This offering also is being underwritten by the same to compared / 48,833,786 C common shares retire $350,000 1951—2 Mos.—1950 $18,691,821 $17,509,661 — 1950 1949 $33,930,366 $24,710,045 * , after made value $1) in¬ to Smith Barney & , 2.75 change the authorized common stock from the present 1,400,000 shares, par able (S. S.) Co. the (P.) Lorillard Co.—Debentures and Stock Offered—A group a letter of notification with the stock (par $1) being offered stockholders of record March io on 10 shares held; rights to expire on each 1929. The See also V. 173, p. 1173. common common for lor ■' Month of February— filed 8 shares to share one rThe 20. March on 42,187 share per March share are Kingsburg Cotton Oil Co., Kingsburg, Calif.—Files— The }- - including lnter-company sales 172, p. 13 on 6,705 company per 2.75 .75 McCrory Stores Corp.—Plans Stock Split— - (par $1) from 2,000,000 shares to additional $5,000,000 after payment of in connection therewith. covering $20 at March 14. It is proposed to issue and sell at competitive bidding, $1,500,000 of first mortgage oonds, due 1981, and 40,000 shares of its $100 par cumulative preferred stock; and to issue and sell an additional 350,000 shares of its $10 par common stock to its parent, General Public Utilities Corp., for $3,500,000 cash. The SEC action was subject to the results of competitive bidding for the bonds and preferred stock. The parent company, CPU, was authorized by the Commission to borrow $875,000 from each of four commercial banks on its 3% promissory notes maturing in ten .months.—V. 173, p. 1173, BEC sales Period End. Feb. 28— it of $1,500,first mortgage bonds due March 1, 1981 and 40,000 shares of $100 at 67 1.00 March 21 by Blyth & Co., Inc., and Zuckerman, Smith & Co. at $15.50 per share, with a dealer's discount of 45 cents per share.—V. 172, p. 2025. stock Lorain Telephone Co.—Files March 27 by the company on 2.75 (M.) Lowenstein & Sons, Inc.—January Sales Up— change 1950, April vote will authorized common amount an Co Maytag Co.—To Increase Capitalization— Star Steel expenses - 1.00 1.00 share. stockholders the — _____ Co & Corp White, Weld ft Co 173, p. 1173. „The Lone Co ft ,50 2.75 150,000 — —V. $63,875,851 5,000,000 75,000 412,000 150,000 150,000 113,000 412,000 ______ Walker ft Co ft 1.00 412,000 Co. Securities Corp.-. Securities H. .50 1.00 412,000 ft Company, Inc Spencer was 173, p. 202. The 75,000 Boyce Tucker, — crease ft Webster Stroud & Union 1.00 2.35 150,000 150,000 Company Stern Jersey Central Power & Light Co.—Bids— Bids & Bros, .75 1.00 150,000 355,000 Inc. Pomeroy, Scranton & Co W Stein —V. $2,023,708 in 1949 and $4,027,792 in 1948 U. S, Treasury tax savings notes. ^Represented by 2,340,833 shares in 1950, 2,340,813 shares in 1949 and 1,171,574 shares in 1948. —V. Jamaica Water Hut tor. & Stringfellow ft Cha«. 1.00 150,000 Co._ ft Schoellkopf, Shields 2.75 3.80 1.00 1.70 113,000 Co.. ft L. F. •.—: Jackson & Curtis .75 412,000 570,000 150,000 255,000 150,000 Co Riter 12,469,291 23,299,963 $87,956,620 $75,126,443 '-After ft 3.80% 113,000 ft Beane Fenner Co ft Webber, Consolidated sales 20,000,000 12,469,225' 12,469,241 38,503,127 28,903,939 1968__ due stock " —__ Pierce, Moseley S. Paine, at their 566. p. Lynch, Reynolds Net 2,833,893 20,000,000 1968_—-_ debentures due Total will vote upon a proposal to authorize 100,000 shares of preferred stock (par $100), issuable in series. An oflering of part of this issue may be made later this year.—V. 173, April on Co. Morgan Stanley ft Co Stock— stockholders The Co Quarter Ended Dec. 31— 4,933,806 338,898 2,772,165 5,101,158 367,532 (1,171,575 no par shs.) Earned surplus _________ Iowa-Illinois Gas & Electric Co.—To Vote on New Pre¬ ferred 5,594,569 386,529 6,515,577 ____ debentures SCap. Merrill ft ft distribution of 135,000 '•■Taxes accrued 1830. 1.00 Marks M, McCormick $87,956,620 $75,126,443 $63,875,851 payable Payrolls accrued registration statement with the stock (par $1) to be offered The proceeds are to be used for 1.70 150,000 Laurence • LIABILITIES— Accounts 1,500,000 shares of common 255,000 Corp Higginson 668,100 1,078,556 Total BEC covering 1,376,556 50,527,225 947,253 . Lee 109,296 4,292.266 9,473,132 237,865 693,831 38,091,038 260,338 1,657,021 inet)_./_-__-_____—58,582,040 investments and advances______ America—Registers With SEC— Investment Co. of 112,809 4,682,839 9,741,284 249,217 9,806,395 i val. of Cash receiv. accounts 116,321 5,574,381 value) (redemption securities and 570,000 Wertheim 1948 $7,489,260 $10,310,323 1949 Stock Kuhn, Loeb ft Co G. 31 1950 - S. DEC. SHEET, Cash Sold—The stock (par made on March 14 at $11.50 per share by Shields & was quickly oversubscribed.—V. 173, p. 1173. Co. 2,048,096 2,340,333 — BALANCE secondary offering of 15,000 shares of common SI) $7,991,287 3,218,496 3,511,186 ASSETS— System—Stock Freight $9,115,161 $11,722,432 - 4,389,056 NOTE—The stock was split Notes . $13,988,245 —— paid Earnings per share U. Motor 3,621,295 shares outstdg. Inventories '".Interstate 5,514,437 3,207,610 6,960,400 — income Common Dec. 223,314 579,992 667,051 805,250 inc. State (est.) Dividends 2197. p. and Federal banks were $1,925,000. 31, $21,753,894 $12,989,822 $17,816,861 $11,935,896 _______ Income deductions Richmond, and State-Planters Bank ft Trust Co., 1951, the amounts owing to these three $1,300,000, $125,000 and $500,000, respectively, or a total of Bank of Atlanta, Ga., income Gross two each for subscription and Monday, March 26, 1951 . CALENDAR YEARS INCOME ACCOUNT, COMPARATIVE Co.—Files— Telephone & Telegraph Inter-County 1 . DIVIDENDS—Corporation a like holders 27% cents per dividend dividend of record of has paid quarterly cents been March 9, per 1951. l, share declared dividends on its common to and including Oct. 2, paid on Jan. 2, 1951 and payable April 2, 1951, to stock¬ share on Oct. 30 1949, was Number 4997 Volume 173 UNDERWRITERS—The several the of names The Commercial and Financial Chronicle ... and hereby number the common j of have agreed to purchase are as follows: Shares Shares Blyth • & Inc Ripley & Co., Harriman 11,000 11,000 Co._____ 43,000 Securities Corp., 12,100 A. Sons & Brown Francis duPont I. Kidder M. ' " 43,000 & Barney American Alex. Palne-Rice 11,000 6,600 ' v Inc. Smith, Investmen Corporation of Norfolk Kirkpatrick-Pettis Co. —i-' Mason, Moran & Co McAndrew & Co. Inc .. McDonald-Moore & Co._,— Mullaney. Wells & Co 49,000 Co., & 11,000 & Co. Co.——— • 2,000 2,000 2,000 2,000 Lester & C©;——6,500 Wm, C. Roney & CO.——— ' The Co.— Illinois Laird, Bissell & Meeds—_ Pacific F. S. L. & & Day & Co Hill Richards McDonald Swiss . & Co Co.— & American Corp.— Baker, Watts & Co Brush, ;Slocumh &. Co;— Clayton -Cdhu Securities Corp. Co.-xu——__ & Crowell,*' Weedon Co.— & Cleveland Corp._ The First ' Goodwyn 1 Space and 1———' 01ds_„ & Johnson, : Lane, Inc. 'Mackall & Coe— Co.. * A. E. Masten -Stern /• Stern, Frank, Meyer & Fox 3,500 Swift & Co.——L Henry F. 3,500 Wagenseller & Durst, Inc.. ^Branch, Cabell Richard 3.500 & Co.—--- M. 2,500 Newton Scott. & , 2,500 Co & 2,500 Stringfellow—_ 2,500 Straus & Wurts, Dulles-& Co.i_l—- 2,500 Bingham, Walter & Hurry. "Caldwell Phillips Co.:__—_ 2,000 Julien Blosser Collins •Davies & 2,500 2,000 2,000 _ in : 1951—2 Mos.—1950 " $3,351,595 operation 1951 $7,109,374 $6,478,510 '50&.474 162,821 232,715" Net ry. —V. 1 762. 415,621 243,918 325,029 330,942 210,514 • Connecting RR.—Earnings- Net 1,500 1,500 ry, —V. $237,402 119,976 .75,247 income : - oper. . • ' 68,745 Geo. G. 2,000 2,000 Barrow, Leary & Co._—_ C. Ci Collings and Co;, Inc. 2,000 RR.—Earnings— Month of January— Railway operating revenues Railway operating expenses.—. V Miller & George Woolfolk & Shober—" Grande ; Co Friedman H. & Inc Co., Indianapolis Bond & Share Corp. ; L—: ; *~V. 173, 1173. p. •• / 2,000 ,'-:C y, Cartwright .10,220,012 & revenue from railway operations railway operating income. —v. 173, p. 763. :• ! "• " ' ' __/, ; —L- Sales 9,225,851 1 V -L, * - 'Deficit.—V. 763. 173, p. "■ * s : • This company has called for redemption the sinking fund, $18,000 of first mortgage y June 1, the at Bank at 1936 First 104% *510,046 Saint Building, bonds The SEC L- ; - 171,"p. 1," Minn.—V. Paul 1 outstanding.—V. 172, to corporation covering March on shares 30,000 filed 8 of , for the at time general corporate $1) (par to 170, 2438. p. offered - - See / '1 'l- .V'--'- American 20 filed ^ ' Net sales— «^-V. * 1951—Month—1950 172, $2,752,313 ing ( proceeds number shares with Illinois National this at time. National common stock of of Mortar. It" is of • the . , stock common cannot common desire which National of National ascertained be and it or is In the Bank & The of offer of shares made under National terms of 1951, between National and various for an one share of be ;' L-: . ' Chicago, offered March 400,000 at" the' market underwriter filed 19 shares after income Broad through and'distributor.—V. 171, Street stock Sales (par Corp., $1) New on pleted I on - 172, 1, was Uncollectible 1950 after and stock preferred { - revenues —— revenues after 173, p. Uncollectible • - ■ operating f . *' . • revenues - • ....... v . Net Net after charges I *Deficit.—'V. 173, p. 383. . L . e* T 1 part a Machine Co.—Liquidating4 " 5 * The company on Feb. Machinery Corp. 9 closed for the a sale * r contract with the Worthington Pump of the property at Oil City, Pa. the treasury revenues $130,000,000. is - Operating taxes ; Net —V. operating after inccme_^i_„_. charges 173, p. 763. - T predecessors. v GIVING $1,466,241 ' 1,401,527 TO ' en¬ • PRESENT FINANCING Authorized v \ Co. first and refunding mortgage 800,000,000 Series I 3V2%> bonds due June 1,1966 V Series J bonds 3% due 1970 1971 due June 1, 1974 1979 1977 1975 Dec. 3% 3% bonds due Dec. 1, 3% bonds due Dec. 1, 3% bonds due Dec. 1, 23/4% 11,650,000 24,113,000 68,159,000 73,000,000 bonds due June 1, 1982 78,645,000 (par $25), cumul.: first preferred 6% •5 V2 % 5% first first 4,211,662 1,173,163 400,000 1,000,000 shs. shs. shs. shs. 1,600,006 shs. 1,500,000 shs. stock ; : stock____ preferred preferred stock—! 5% redeem, 5% redeem, first pfd. stock, 4.80& first redeem, pfd. stock A__ ser. first pfd. stock Redeemable first preferred stock (un¬ classified in series)! ' stock Corp. thereunder .tin unifying in lieu of may and the opinion of counsel "may from time to bonded indebtedness 189,328 employees additional under shares instalment ) 78,800,000 f . .. • 4,211,662 shs. 1,173,163 shs. • 400,000 shs. • 1,000,000 shs. 11,500,000 shs. 1,500,000 shs. None 11,356,498 shs. be issued under the San Joaquin Light & refunding mortgage except bonds issued outstanding the company of bonds §2,115,175 shs. §12,000,000 shs. $25)_ (par additional } 48,182,000 Series S 3% bonds due June 1, 1983 Series T 2%% bonds due June 1, 1976 $307,379 279,280 22,852 > 927,000 18,669,000 23,839,000 78,325,000 bonds due Dec. 1, 1980 First preferred stock / . 109,548,060 bonds due June 1, 1981 Series R 3Vi»% ; ' Outstanding $7,667,000 " by the company) t.Paciflc Gas & Electric O $1,455,371 1,407,153 , will ■ ' EFFECT N ; rights company share compared with $2.06 in 1949. Series $.11,434,768 $10,099,177 7,979,278 7,092,925 ; 1,989,249 1,550,381 - The company utility public operating Joaquin Light & Power Corp. Unifying and refunding mortgage--'*$150,000,000 6% geld bonds, series B of * 1952, due March 1, 1952 (assumed r *No - _ • ' an for time the company, the directors of the authorize such further increases, company as they deem it. the of this series purchase were reserved for issue then in force.: to agreements amendment to the articles of incorporation author¬ izing 8,000,000 additional shares of common stock and 8,000,000 addi¬ tional shares of redeemable first preferred stock will be Voted upon §A at . bonds. of - Operating expenses -Net — ,M '' \ -V stock common funds ;of the company. Series $11,445,582 $10,133,043 ' '10,814 33.^*.l the of sale - Power — , 30-year Ohio Bell Telephone Co.—Earnings— Operating . of the from bonds Month of January—* Operating revenues Uncollectible oper. rev.______ ...; ... 1,419,562 shares of $25 par the rate of one share for each seven shares of record March 13,1951. offer of additional shares is at a subscription price M r . ■;. additional an CAPITALIZATION $5,247 *9,035 . to Offering to Stockholders — Series Q 27/o% $65,871 " " 39,118 income_r_. operating funds stock of the company at common K 3% 7 record on April $, T provide r ./, 1072. L -1950 $308,065 686 • 1951 'Construction program. Series .1951 $428,951 1,895 of r to are ^ per common * $427,056 300,489 60,696 Operating revenues Operating taxes , agent. sale company's the of Series —. „ Operating expenses , ; The directors on Feb. 13 declared a second liquidating dividend of $2.30 per share, payable upon presentation of certificates for stamping t to the Manufacturers Trust Co., New -York," the dividend disbursing 6 ! L < 13 covc?- DIVIDENDS—Quarterly dividends have been paid on the company'9 stock without interruption since 1918. For the year ended Dec.-31", 1950, earnings of the company were at the rate of $2.51 - , March common" 763. Month of January— Operating revenues on sold shares held L *• • stock the of 847,758 - the SEC to be ten 1, bonds due June 1, 1,115,566 With - including • —V. be York, each for $1,057,877 $1,300,440 charges . offered for subscription by stockholders at the be "Share BUSINESS—Company 6,791,451 1,161,677J 1,682,020-' . gaged in supplying electric and natural gas service throughout the major part of northern and central California. - In 1950, gross oper¬ ating revenues totaled $237,437,000.% The company is now in its* 46th year of corporate existence and the 98th year of operations $9,011,005 7,393,385 ' . The approximately 1950 $9,040,137 ' 29,132 . T c peak of. its building activities was reached in 1949,- when $192,480,009 was. spent. In 1950, $168,634,000 was expended, and it is estimate* that similar expenditures will be still further reduced In 1951 to ' $10,375,845 operating to are 173, p. Common & x Pfd. Stocks- authorized issue of 100,000 shares of $10f an on Series filed with the SEC on March 5 covering National Transit Pump Dividend— 1174."', p. to use an amount equal to> such net proceeds to finance/ part, its construction program. In the five-year period, 1946-59 inclusive, the company has spent $663,000,000 for construction. Tho require¬ dividend 1951 $10,403,514 27,669 Net operating income Net with the abovementioned 1,572 shares.—V. 154, p. 900. 173, proposes 754. p. the same day.- A letter ef notification be approximately $5,000,000 in addition to proposed sale of 40,000 shares of preferrcdu in 303,042 shares of common stock outstanding after 2-for-lAug. on — Operating expenses Operating taxes 13, 1786. p. " : sale .... " 7 Ohio Associated Telephone Co.—Earnings— to the PROCEEDS—Proceeds 1949 889,320 46,766 $2.78 taxes dividend Operating Mortar., statement registration a aiwl the effective date later). become $7,202,108 628,448 54,386 \ $L90 stockholders of Mortar.; of "capital operations (New Castle) nation¬ headed by Blyth & Co., Inc., have agreed to purchase from the company all unsubscribed shares at the original sub¬ scription price. i ; r San v. :v National Screw & Manufacturing Co.—Secondary Of¬ fering—A secondary offering of 1,572 shares of common stock (par $1) was made on March 12 by Merrill, Turben & Co., Cleveland, Ohio, at $50 per share. It was com¬ rr'' l on covering normal possible increase in 1952 in its in the amount 0* a per share, and expires April 4, 1951. A wide group of approximately 200 underwriters, Conti-. YEARS CALENDAR FOR $7,119,923 . corporation SEC axxl esti¬ of $31 and The Bank Northwestern Bell Telephone Co.—Earnings-— National Investors Corp.—Registers With SEC— The the its 1951 of, securities sale basis same new on Series P v the from stock. company years outstanding stock of Oklahoma, has new \ . Co., The Insurance of Co. Month of January— Operating revenues issue' Agreement dated Feb. common the Underwritten—The stockholders are being offered - three is being to are V:L. _. Trust . approximated expected that National. ratio for $57,800,000. -The from and Pacific Gas & Electric Co. . will -acquire all of the outstanding 22,884 shares of the stock of Mortar in exchange for 68,652 shares of the common of *Based National will offer its common stock in exchange for°Mortar common i, earnings ments.—V. •, .. is The income split-up will in has filed an application, with the SEC seeking author¬ issue and sell 215,380 shares of its $10 par common stock. V interest Gross ♦ Co.—Registers With SEC— shares The company connection witfi company. stock, at "not over 50 cents The proceeds are to go to Forrest Parrott, the selling1 No underwriting is! inVolved.-*-V. 171, p. 1995. • ' • • one or Value Manhattan the Net $2,145,888 $19,463,425 $17,475,393 on of Mortar thea approximately: $25,000,000. Tt is also est¬ that Pennsylvania's requirements Icr of securities other than to Ohio Edison, aggregate to subscribe to Invest¬ added to Corp.—Places Loan Privately-^ requirements *Earnings per common share stock common The with the share through Michael 1950 March 14 filed a registration statement with the SEC covering 68,652 shares of its $1 par common stock. (' The purpose of the issue is to enable National to acquire by an exchange offer to the stockholders of National Mortar & Supply Co. of Pittsburgh (holding properties at Bigsonburg, O.) all of the outstand¬ for of r—V. v L ' ; loan .is Preferred National Gypsum \ t The company the cash shares of common stock share." 5 - V 1137. p. fbr of notification was filed Proceeds „ . 1951—6 Mos.—1950 tbo on shares permanently The com-pany's .1951-1953 construction program, is .estimated at $35,000,000; and. it. is further estimated that approximately $17,000,000 of tha cash requirements therefor will be obtained from additional futura financing. The company's registration statement was filed March 5,1951. ■'• Car EARNINGS Period End. Jan. 31— by common expenditures program will finance, part : ^ National Bellas Hess, Inc.—Sales Show Gain— v« the stockholders. Annual v ; for approximately its the I Company, New York". It matures In 1963 and bears rate of 3% for the first four years and 3V2% thereafter. principal payment's will be $650,000, with $1,200,000 due at maturity. The loan arrangements were completed March 16. ■ , 1951, ,. : £ ; letter of notification a the Metropolitan Life ,'The an .. March on The ■' " •>' of ; .... 2, ten applied to the Cbmmissioni "for authorization to purchase the 121,009 shares to which it isentitled, plus ariy of the remaining 94,371 shares not subscribed for by othc? 15,000 shares of 60-cent cumulative convertible preferred pleted March 16. . Houdaille-Hershey Corp. above.—V. 171, p. 850. ; '■■■•' . i ■; ■ " v corporation nental , ' ,-\t_ ■. r; :.r Muskegon Motor Specialties Co.—New Control— j such from The shares of cer, Chairman of the Board, announced in his annual 1-eport to stockholders. The loan arrangements were com¬ the with be issuance. of purposes.—V. <.'•;• ■v notification of stock May each \ Standard Gas & Electric Co., parent and "owner of 1,210,090 shares, and finance a two-year program of rebuilding and recon¬ ditioning its present refrigerator cars, William M. Spen¬ stock purchase plan at 85% of the The proceeds are to be used employees under an employees' market .value letter a common beclk commoj* of SEC registration of the stock, which¬ subscription price is to be supplied by amend¬ ment. Gver-subscription privileges are to be provided. The company will pay 12 Va cents per share to any security dealer who assists a share¬ holder In exercising his subscription warrant. 'a corporation has negotiated a $9,000,000 loan to re¬ fund $2,835,000 of current indebtedness, purchase 100 new refrigerator cars and 53 new covered hopper cars, Moore-Handley Hardware Co., Inc.—Files With SEC— The SEC at 1952, ever The 12. p. . covering North The Irving Trust Co., New York, N. Y., is prepared to exchange definitive first mortgage bonds, 2%% series due 1980, upon surrender temporary- bonds : '■•' •' • per 1359. \' Of '• . ment' CO., Inc., Providence/ R. I. working capital.—V. 172, p. 1236. dated Mississippi Power & Light Co.—Definitive Bonds— j p stock-(par $5) to be offered at $10 accrued interest. Payment will-be made Saint Paul, trustee, W-555 First National of determined construction from 1951, North American Acceptance Corp.r—Files With SEC— , through 1951, coupon L " plus Co. Trust 1, June on for not to exceed 43,622 shares of the pending.—V. now ' . 3%% be and rate stockholders of record Feb. complete line of antt-hog cholera serum and virus, Bru¬ cella abortus vaccine, erysipelas culture; bacterins and pharmaceuticals. It jobs such items as antiseras, antibiotics and instruments to complete a full line of veterinary products.—V. 173, p. 662. Minnesota Transfer Ry. Co.—Partial Redemption—; . of. business Pennsylvania Power Co. the ization. to >. ucts include, a *$303,173 *763 . have to The company Laboratories, Lincoln, Neb.—Stock Offering— common a.ubest efforts basis." on £167,962 173, p. 762. shall stock Oklahoma Gas & Electric Co.—Financing Plans— . " Jtfet revenue Irom railway operations JMet railway operating income'———— shares common stock preferred stock.—V. 172, p. 198. per- 10, 1951, were recently given the right to subscribe on or before March 5 for 11,055 additional shares of common stock at par ($25 per share) on the basis of one share for each two shares" held. * The offering was underwritten by ..1951j' /, 1950 L;'$2,743,612 * $2,058,548 2,575,650 2,361,721 (< close requirements will on A letter ' Month of January— .f fL:" ■; — in ing 100,000 ' Railway Operating revenues—— Railway operating expenses : of L Oil Producers, Inc., Oklahoma City, Okla.—Files— $9,295,750 " $8,265,155 $18,373,496 $15,825,504 Norden f . 'H"" : ' its stockholder. —V. «. the market They will also vote , par (J. J.) Newberry Co.—February Sales Up 12.5%—; Period End. Feb. 28— 1951—Month—1950* 1951—2 Mos.—1950 ' 1,500 1,500 Co._ number additional on April 3 will vote on changing the authorize* stock from 300,000 shares of no par value—stated value $29 share, to 2,000,000 shares, par,$5 each, to effect a five-for-cnn gtock split of the 189,348 shares now outstanding. "V L $3,268,059 * $2,707,773 1,101,980 1,022,449 Net 1,500 Applegate-&X'o.— 2, The "stockholders 1951 4> 1950 > $13,488,071 $11,933,624 ■ Net 1,500 Grant Brownell & Co Maxfield - & Sons:. & Marshall— May ' 41,255 „ vThq npt proceeds ape to be used to pay bank loans, replenish working capital and for other corporate purposes." "' ' 7" ' , ' The company .cqhfine? its spies to graduate veterinarians. Its prod-, Sweney 2,000 Clark & abovt or coriimo'n New York, New Haven & Hartford ' ' 1,500 1,500 1,500 1,500 1,500 1,500 1,500 — on about or per •' 1,500 . competitive at made on V Ohio Match Co.—Plans Stock Split and 1,500 < be to $198,384 763. 173, p. is received . the additional proceeds the 1948 $247,781 105,067 81,993 103,848 80,841 railway—railway from preferred new be of stock. bids such or at of will the derived stock 1949 1950 $270,187 from Gross Net record share from $1,800,000, imated. cash 1951 the for would for authorization preferred stock SEC series new for. offer , January— the to a in 1951 and 1952, and from .investment in. 1951 New York 1,500 1,150 ; that . purposes $693,396 $793,517 413,255 i. paid estimated resulting 1948 I 1949- $799,031 220,796 income oper. 173,.. p. " m 1950 • $833,331 of one are mates 246,432 railway railway received, to The; company's 1952 Mexico Ry.—Earnings- 1951 from sell bids Which it may purchase f * and invitation the and stabilize may L. : » , Minneapolis, St. Paul & Sault Ste, Marie Ry.—Earns. 2,000 Edwards Co.—: been sold planned underwriters and: 391,759 : offer and of common fwith. ' 300,503 Ellis", Uolybke & Co., Lincoln, Neb., who were ta pub¬ licly offer any unsubscribed "shares at $26.50 per share A. -G. Fahey, Foster & is .of. ; $1,090,056 $899,567 applied over-subscription privileges). - The . offer of additions* Common shares will be underwritten., The offering price to shareholder^ 1948 1,000 1,000 Stix — have It held 111,674 - from $831,122' to 19 shares additional of public 1951, bagis 165,840c.' •: Net 2,000 ! 2,000 — The Otherwise i 1949 March 150,000 shares planned 20, stock of February, end 505,133r . Grcss 2,000 2,000 „ Co.—Financing Plans— on sell . The Co. 2,000 is 9 1951. .The sale of the new preferred will not be consummated unti$subscriptions for at least 117,668 shares of the additional common. i the at 1950 r $1,090;807, New Orleans, Texas & Warren Skaggs & Co.—_ Dempsey-Tegeler & Co._£_ 3 It v 1,500 1,300 1,500 1,000 1,000 1,000 1,000 .Davis, and 436,224 April f Northeastern RR.—Earnings— * 2,000 Middcndorf & Co Raffenspergef,; Huges & Co., Inc. Seasongood & Mayer—— Stephenson, Leydecker & 2,000 Co.— & Mejia.i . Fewel & Co.— ———Hallowell. Sulzberger & Co. Waldo Hemphill & Co.— John B. Joyce & Co Kalman & Company, Inc.McCourtney-Breckenridge ,j. & Co. .— ; 2,500 Clarke Corp.— Brothers Li—i— Mason E. W. stores January K. Inc. —„— Dixon Bretscher Noonan Inc. — H. L. Emerson & Co. Inc.- 3,500 " 2,000 Sears, S. 3,500 COv—— Whiteside, 123 Net ry. oper. income "—v. 173, p. 762. 4.. f Inc.——-— Cunningham & Co., & 3,500 —_ &, i 2,000 Cliace, f : 105. company issue and compared With 121 last year.—V. 173, p. 662. j Gross fropi railway—^,tNet from railway 2,000 3.500 Co.___ & Brothers ——— . Vamedoe, Chisholm & Co., Inc. . 5,500 Webster & Gibson— 5,500 Wheelock & Cummins, Inc. 5,300 C. T. Williams & Co., Inc._ 3,500 Wulff, Hansen & Co.— 3,500 . Baumgartner, Downing & 3,500 Co. ——_ 3,500 " Bioren & Co : ——— 3,500 Campbell, McCarthy & Co., 3,500 Inc: —i ——— 3,500 W. L. Canady & Co., Inc.- Co. had company $3,557,142 January— . 2,000 5,300 5,500 : Hayden, Miller & The1 New Orleans & 2,000 Inc. 5,300 p. "to stockholders Rupe & Soni_'L_— Horner & Mason, 6,000 Co Co.— Ohio Edison The • Shelby Cullom Davis & Co. 6,600 being calculated.—V. 173, 1951—Month—1950 - 1—1—... sales. 1951, 2,000 Dallas Scott, 6,600 of Smithers Brooke R. California— Scranton & Co.— Co. Chas. W. , 1 2,000 2,000 6,600 now Period End. Feb. 28— •Net 2,000 Bateman, Eichler & Co._ machinery and equlp- estate, bidding. 2,000 Robinson and Lukens___ — 6,600 real i 6,600 Inc. Co., & the Neisner Brothers, Inc.—Current Sales Up 6.13%— / 6.600 & Co Agnew Emerich Ames, determined and is been 2,000 Perrin, West & Winslow, Inc. — Peters, Writer & Christensen, Inc. Reinholdt & Gardner Shuman, Bacon, Whipple & Co.^_ for 2,000 Co._ & $1,800,000 and $375,000 on account of inventory of the parts division and-a quantity of scrap. C. H. Forster, President, stated that the amount of the full purthase price for the* parts inventory and scrap has not yet ment they which shares received National the of underwriters 1 offered stock r (1277) * proposed the annual meeting of stockholders on April 10, 1951. ; -10 (1278) The Commercial and Financial Chronicle . . Monday, March 26, 1951 . * UNDERWRITERS—The respective erally - percentages of the agreed ta purchase, - of names the several unsubscribed are underwriters stock which the and each has Blyth & C. A. Co and Co., .42 Kerr .23 a. Bache 6c Co Bacon, .175 Whipple Bailey W. Baird 6c Co., Ball, 'j. Weeks Burge 6c Barth 6c Bateman, Bear, A. Blunt Ellis Lazard Lee John & Hurry Inc.-- H. .23 Brown Brtfsh, Legg Lehman Brothers William Leib .145 Carl .095 6c 6c Loeb, .065 Sons Slocumb .— Co. 6c Mason .175 Co Mason-Hagan, 1.21 A. .23 J. Qtllncy Ca,ss ASspciatesi—v_ Central Republic; Co. (Inc.) >125" & Sears, Inc Clark, Dodge 6c Co. Clark E. 6c McCormick McDonald .065 - Merrill .48 Co. Beane .42 The .095 Courad, Bruce Cooley 6c Crowell, 095 \ —- Co Davies L. R. Day DeHaven 6c 6c Crouter Denault Dewar Dick • Co & 6c Co., Co. 6c Inc.— .93 & Co Calvin E. Duncan 6c Co— duPont 6c Co.— Francis I. Eastman, — Dillon Estabrook .23 Fahey, Corp. 6c & 6c Reinholdt Boston of First r- •'Harris, Hall Hayden, Hayden, & Smith, Moore F. ' .065°' .065 (Inc.)Co '.48 .£>. B. 6c Hilliard .93 — Co Swiss Son •J.: A; Hogle 6c Co Tucker 6c 6c .29 Hooker ■ Hope 6c & Hornblower 6c Weeks Trask Watling, .42 Weeden C. .125 White, The Illinois William D. Johnson, Co., Ctfmpany——_ James Co.— N. Space & Co., Weld & Witter and Co. & Co —_ .35 Hansert 6c Co. of common with stock those to from hand munities, at as wholesale well as to four p. 1174. in the rural areas, ana municipalities in generation in the western the and sale at sales Old 966. p. that 19 an electronic - — year to is Include Union of at research in part equipment 1,000 the purchase consisted 50-ton steel of 30 hopper of net increase in and long-term debt The ; and mergers of the the Schuylkill C. was The 28, lease to Creek Into Jan. 1, ... ... Reading Co. of The Ironton RR. to Mill 1950. 1950, Co. for ^ . ASSETS— * • , . 10 1949. years A new and lease was POSITION ' 7 AS OF thereafter . , DEC. .* 7 * . $ ? -7. r $ Due with trustees— .305,882 temporary- investments::-:::—' 18,321,313 ties and other stock material 11,027,752 from agents and conductors, Individuals, .* \ * rail, ; companies Other and U. assets S. Government -. 1.489,840 proposed sale and sale of purchase in of Wages,, unpaid Taxes Other ' 125 Pennsylvania. bills, ; 88,529,310 21,455,860 other — - — Total — /. also 13,657,952 • 5,689.966 and be by ' them & Space and 4,000 — Co. 8,000 Clement 3,500 of 3,500 California- Snider 3,500 . A. Evans & Co., '. 3,000 Shillinglaw, Bolger & 7,000 Co.__- 3.000 Thayer, Baker & Co.—_ 6,000 Co.— 4,000 Wright, Inc. 7,000 7.000 Co.___ Co._ & Prescott, Co.' 3,000 Clayton Securities Corp.— Janney & Co, The Ohio Company Scott, Horner & Mason, ; 6,000 - 2,500 2,500 2,500- Pan- 4,000 Shober__:_; 2,500 : Clarke Corp. 2,000 Co 2,000 R. J. Edwards, Inc. —w„2,000 Emanuel, Deetjen lc Co 2,000Robert Garrett & Sons_— 2,000 Hill Richards Rand 6c & Co. 2 OOO Co 2,000 . I on • - • Steel March shares of Salem 20 .' 1 , Co. that — * ' ■ Stock the Sold—It stockholders ' was of an¬ record 47,924 shares of the 48,419 addi¬ stock (par $10) offered them The remaining 495 shares have been E. Hutton & Co. and associates, the common ' Gas See offering in V. * Light;Co.—Bonds Placed:Privately—The company has arranged for the sale of $1,000,000 3Vz% 20-year first mortgage bonds to the John Hancock Mutual Life Insurance,Co.. ,. - . ... - - »...'• - . proceeds, together , with; $453,540 received from stock-(see below) will be applied to the of 3% noxas to New England -Electric the $350,000 of advances from used NEES, for" common on stock three stockholders, before or $800,000 held. other than Of The par the stock banks to construction. on record 16 Feb. for (par $10)-at'$15 per share shares unsubscribed of March - and the ■ \ re¬ . - 21 had the additional right to shares of the basis of two shares for the total, 2,143% shares were offered toand the remaining 28,092% shares to privilege of purchasing any of the 2,143Va shares. value transfer was of on Jan. $680,295 premium account.—V. . parent, March 16— 30,236 on • the NEES, the parent, who also had the by new Common Stock Rights Expired subscribe each of of System, ($203,540) common sale payment additional The : 6c W. Courts & '. 4,000 2,500 — Woolfolk Richard 5,000 - & Inc. , . 966. p. from r Shares 7,000 Co & 319,496 shs. underwriters, and; the purchased 3,500 8,000 Co Robertson stockholders ' several underwriters, and placed privately. 173, p..1114. - */'—•"• ' : 398,439,741 385,407,419 earnings statement in V. 173,. p. 1175. Outstanding $2,000,000 3,500 Moreland — 114.937,313 113,247,161 — / FINANCING Pacific 5,000 6,766,083 6,258,131 139,950,850 139,950,850 ' stock —— Sec > f PRESENT Henry Herrman & Co— Newhard, Cook & Co Co mainder 9,217,588 liabilities—— com¬ energy & and $37 per share. purchased by W. . 89,799,864 14,803,495 2,000,000 i,000,000 and TO Johnson, Lane, Co.^ Inc. 5,000 The 5,778,277 rice 10,000 Simmons— ' 16,582,737 — liabilities Capital Surplus electric ——— loan bulk 10,000 — — at 550,938 398,439,741 385,407,419 Mortgage bonds Equipment obligations and The Kroger Co., First Stores.Co. and Grand Bxorer. Ellis- & 173, was sales and operating > 6,000 5,000 Inc.- to net income 10,000 Co $100,000 Total B^nk 6c Winston tional * 1,387,585 net rice. 1950 March 5 subscribed for * 11,127,287 . 31, and 10,000 Inc. Rotary Electric ' 16,813,928^ 7,710,452 : - wild. Putnam Beissner & Co,. & Blosser__i nounced1 . and Co. . Roadway property and equipment (net) 297,927,133 291,944,165> Property-not* used in transportation service—__16,000,426 11,481,627 Stocks, bonds, and notes of other companies— '45,656,743 ~ 46,323,612^ Cash July packaged follows: _ year - and industry and 195) Co., to 15,000 coast 1949 - , as Company Inc. Eruerich & Co., Inc. t 31 19507" Rico 10,000 Co Davis Dewar, entered. from household $319,760. for the 29,500 Inc Batenxan, Eichler & Co Lehigh Valley RR, Co. of the property of ^ Fuel, are Dempsey-Tegeler &r Co.— Sills, Fairman & Harris, Co. - 31, American stock Blunt were' — .. ended income of names & V. RR. for 1,000,000 shs, Ames, Phila¬ into Reading Co. of —. refunding mortgage As a result, ; ... and term Co. Jan, net EFFECT common Co Mosle Straus . -Navigation Hill RR. 6c Stor.e & Rowles, extinguishment -of year. Deposits Rollins Co., First Southwest steel $5,381,811. Mine expired Dec. 31, a FINANCIAL . of stockholders, Friedrichs capital stock of lessor companies for leased roads by $33,760 annually. & or of Southern rice brewing year value) par Moroney, costing The brown the $21,232,973 Leggett, GIVING ($3.50 Ailyn & H. of Valley Navigation 6c Feb. of natural company Pacific Tea 6c Dallas Rupe & Son Howard, Weil Labouisse, bonds of merged roads, $174,000. During the year, 19,291 shares were purchased, reducing net rents effected Atlantic ofv shares selling Rotan Installments, $2,587,635; payment bonds rice the Authorized Russ serial the • Reynolds & in 6c Reading Terminal RR. Co., $1,080,000; rents,- $16,554; and acquisition of first and packaged Co. Shields as ground and Stores, Francis H. Hayden, 50-ton at notes payment producers domestic consolidate the of Higginson Corp.__ Kidder, Peabody & Co.^ diesel-electric 500 of to Snares Brown, equipment and principal the upon notes, due March 1, 1966.—$2,000,000 the report, said in 1,500-hp. cars 1946 distributes $11,758,47-4 customers Great number Laboratories, W. of _ 1950, $9,240,000 15-year equipment trust certificates This increase delphia ' also UNDERWRITERS—The Revelle annual thereof largest " : A. — $130,000 prepayments amount , instrument, in the RCA the operating revenues were For the six months ended Common stock 966. p. of distributor in of for notes one largest formed CAPITALIZTION of attracting widespread attention microscopic bugs heretofore unseen product a the multiples supplier of rice to markets. For the fiscal were National long-term debt was offset to the extent of $3,858,follows: payment of equipment trust and conditional sale agree¬ of first mortgage 4% bonds of Reading Belt RR. and first mortgage 2ya% 189, the or major export and Principal is 1950 Reviewed finance locomotives, ment • each company, prepayments premium, and principal entire Under revenues Colony Trust Co., Bank the $50,000 was a $775,716. National ;7'7. ■■■, of company . April 9, next, $33,505,000 1, 1972 at 104 >4% and the of and also is LIABILITIES— the Ohio transmission, distribution in instrument the and (BUSINESS—Company is engaged electric energy and its Changed—Financing Seattle-First . Edison Co., the parent to be received from operations, wUl be used for construction expenditures during 1951. Such expendi¬ tures are expected to aggregate approximately $7,517,000. on made at . 173, rice certain on Dec. annual without company Lee new .125 Co.———— were shares March on 3y«.%, series D bonds received as follows; $100.26 per share for a 4.24% ;$1C0.13 per share for a 4.28% dividend; $100.5199 per share for a 4.36% dividend; and $100,539 per share for a 4.48% dividend.; ? .The new preferred stock will be redeemable, plus accrued dividends, at $105.12y2 per share if the redemption date is on or before March 1, 1956; at $104.12y2 per share from 1956 to 1981 and at $103.12% per share thereafter. • and with cash announced .29 dividend; 40,000 be or cars. This .095 .59 dividends from March 1, 1951.; The. group was awarded the issue March 20 on its bid of $100,279 per share. * : of will due for matui*ity the Co., these 1,216,105 Corp. of America—New IrnStrument- issued road .29 2.75 Pennsylvania Power Co.—Preferred Stock Offered— First Boston Corp. and Blyth & Co.,: Inc.'jointly an investment group which on March 22 publicly offered 40,000 shares of 4.24% cumulative preferred j stock (par $100) at $102.12^ per' share plus accrued company, Payment St., Boston, Mass., Washington.—V. 173, $11,717,816. box 1.80 provide until premium provided for in Paul were .125 Woodard-Elwood 6c Co & bonds The transac¬ Inc., Pfeffer Rice Milling Co., Inc., Houston, Texas; Cham¬ pion Rice Mills of Tennessee, Memphis, and Champion Rice Mills, Eunice, La. Acquired at about the same time were the Champion Elevator and Storage Co., and Champion Rice Export Co., lac. Following the consolidation rice milling capacity was increased by acquisition of the Jenesboro Rice Mill Co., Jonesboro, Ark., and certain properties of El Campo Rice Milling Co., El Campo, Texas. The company's output of milled rice is sold both in bulk and packaged form with particular emphasis on packaged sales under its nationally advertised brand names, "Carolina" and "River." $1.78 called for redemption The por¬ selling stockholders applied to the purchase for retirement by the shares of common stock at $12.50 per share from 159,504 notes of milled 962,270 $1.97 of group investing .public. BUSINESS—The uninterrupted dividend payment record has been maintained on first preferred stock since March 8, 1900; on the second preferredsince Oct. 10, 1903; and on the common stock since Feb. 1, 1905. the .125 of installments the stock 7The together of An 1.21 Co._ Wood, Struthers & Co.; .29 -PROCEEDS—Proceeds, The 817,930 962,270 part: -headed > 962,270 $1.92 a company's shares stockholders. amount $1,712,830 962,270 holdings of net proceeds were option ■ mortgage interest. During the . bids The 1948 $1,899,507 Mills, Inc.—Stock Oversubscribed— headed an underwriting group Corp. stqck (par $3.50) at $14.50 per share. which was oversubscribed, comprised a the company certain 150,000 the eye. .42 Co Inc.— & of Sales 173, p. 1114. - Privately—The company on March 20 $2,000,000 of 4% notes due March 1, 1966, at par to Metropolitan Life Insurance Co. $3,078,935 above.—V. offering sold debenture sale $3,105,200 1,205,693 ... secondary To Place Notes redemption of its 962,270 — Lock¬ components increased a March 20 offered for public sale 245,500 shares on to the general of 1,527,302 — Reading Co. .29 Secondary Distribution—A secondary offering of 50,- -Other the the Sold—The who will receive the proceeds of the sale. tion marks the first distribution of the to shares 1949 $3,380,065 — President, in the company's 53rd 1.80 Co.— per share.—V. ' tion Blair, .42 000 shares of common stock (par $25) was made by Blyth & Co., Inc. and associates'at $32.37 V2 per share, with a dealer's discount of 40 cents , addition $1,852.,763 first was This .59 Dean Yarnall In 15,000 contingencies.— Princeton, New Jersey.—V. 173, .065 . : by .145 Co Lerchen & White Wulff, taxes- taxes with of has common offering, underwriting commis¬ of account on of a. television microscope, through its revelation of assorted .23 Whiting, Weeks & Stubbs_ Wilson, Johnson 6c Higgins Johnston, Lemon 6c Co .23 Jones, Cosgrove 6c Miller— 7..065 jRobert C. Jones 6c Co...— .23 ,T. B. Jones & Co._ .065 Kaiser 6c Co. B .23 Corp 6c .29-- and their 1950 Canadian Prospect, Ltd. Milk .29 .065 Lane, Inc. of receive the net proceeds from piarm 1.15 .93 of 4% .175 win .93 Co._— income paid Radio Walston, Hoffman & Good- Walker E. F. Hutton 6c Co.——— 6c 45 .145 & W. portion a also •'•'. ■ Rice Higginson which the .59 G. .095 with sale amendment. to contract a assembly common > - River Brand used .125 Inc.— .175 —: of by are Dec. 31— for 414% .145 Co.— Union Securities Corp.— Wagenseller & Durst, Inc., H. supplied and par be statement 166, p. 2563; Seattle, .29 . .065 Fay— Co.— E.1 Hutton & Company, Co .175 ' — Sandman Collins.— to are of v the income accrued .145 .125 Company,, Tucker, Anthony & Co .125 be underwriters payment This company has of 1.06 Boyce—— American Spencer .59 public signed Lockheed 173, 1175. p. • '• 777:-/777 7 ..-7,; .:"7: Puget Sound Power & Light Co.—Partial Redemfjtion .175 Inc. Youngberg——— & 6c .125 * Holmes Straus S. Stroud * the r-J;V'Vv":f .095 Co Henry F. Swift 6c Co., Co.—__ 6c 6c Sutro . -Hemphill, Noyes, Graham, & & J. .23 Co Co Bros. Stone .48 & & Co.—,—, & R. stix & Co.—.;.095 Stone & Webster Securities '7 Corp. —US 1 80 ,, 2.75 & Parsons 6c Smithers Stein for income See 2.75 ,. Stone Henry Herrman Co Stephenson, Leydecker & Co. .93 Stern Brothers & Cci._,— *.065 • Stern, Frank & Meyer,,:, '.175 '"'" Stewart, Scanlon 6c Co. Miller 'Hill, Richards & Staats Co., Starkweather & Co .095 offered Prospect Exploration Ltd.—Name .59 .145 — Co. S. William Co., 6c —V. .23 Company——, Earney 1.80 r Henderson—i Ripley 6c Smith, 1.80 proceeds registration a has fabrication bomber. Co.—Stock shares the at .095 .125,,; Talb.ot — .125 .145 6c Sons—_ filed Common shares outstanding Earnings per common share. .065 _Wm. P. Harper & Son & Co. Inc. Co.,: Shuman, Agnew & Co.—:Ev 1.06 ,065 V. Singer, «£>eane & Scribner, .145 ,,.145 with offered Lee 15 division the patrol stock (no par) made on March 15 at $23.75 per share by White, Weld & Co. and Shields & Co. has been oversubscribed and the books closed, it was announced on March 19. See also V. It Net .42 Shearson, Haihmill & Co.-- , in of Dividends Shaughnessy & Co. Shields Co stock Provision .065 .125 H'allgarten 6c Co.: r 'Hallowefl, Sulzberger 6c CO. 'Harriman Frank C. be to are discount, Year Ended Federal 1.21 . ;065 Forgan 6c Co, Goldman, Sachs 6c Co Granbery, Marache & Co., Wesley Hall 6c Co.———- 6c Hutzler— Co Stringfellow Corp. Fulton, Reid & Co ■'Harbison & & Chas. W. Scranton & & The be 18,750 consumption, .35 Corp.— Glore, 6c Bros. Scott notification to .065 Co 1.21- Foster & Marshall— .'Maxfield H. Friedman Hanft'afbrd Salomon Schwabacher & 2.75,v. — Michigan Robert Garrett Robinson-Humphrey Co. .125 Corp Southwest The ".065 Co Cleveland .065 .48 . ' Rothschild P. cash Profit before .35 F. of stock Richardson . of 1,000 Prentice-Hall, Inc. (& Subs.)—Earnings— .095 .23 L. letter a common approximately $525,000 .125 Co.,.—.1 Co Inc. .29 Gardner,. & & Co. : The company intends to use follows: .065 Co.,. Riter .145 — j ■Holt .42 Reynolds .125 2— . California First J. & & Hess 6c company's expanding business and for other general corporate purposes, a portion of which may be used to reimburse the company for advances to subsidiaries of $140,000 for plant construction or to reduce bank loans.—V. 172, p. 1440. .125 — Richey, Baikie 6c Alcantara ' Co.— Co First First -J. Reeves l'.OOo 1,000 through an under¬ group headed by H. M. Byllesby and Company, Incorporated, W. Brooks 6c Co., Incorporated. The public offering price and operations .42 Field, Richards & Co The .095 Raggio, Reed & Co.— Rauscher, Pierce & Co. Inc. Co., Clark 6c Co— Fewel v Co.—— Daniel .23 Farwell, Chapman & Co.— / .175 Co.— 6c Co., Inc. Co outstanding 5% sinking fund debentures due Aug. 1, 1967; approxi¬ mately $160,000 to complete the erection of a plant and the installation of machinery and equipment therein; and the balance of approximately $681,000 for additional working capital to finance inventories and .095 1.80 Co.:—__—— A, "Evans Fairman First & & ; Shepard Pressprich Putnam filed of for P2V-6 1,000 — ^ .095 1.21 Inc. The W. Inc. sions.- as -93 .065 Clement • & R. .04 Co.— <fe Elworthy & Co.— Equitable Securities •J 48 - 1,000 underwriting. to are .29 Hopwood Hawley, Co., Inc 6c and the Christen- > 16 shares March on underwriting terms & Baerwald—___ Jaffray 1,000 1,000 Feb. on 300,000 debentures common — & The .44 Co Prescott, _ Drexel Inc. sen, Piper, 1,000 Co.— covering $1,500,000 of 6% .145 ——. & Inc. Grubbs 6c 1174. p. corporation writing .125 Jackson Writer Pflueger .125 2.75 Dominick—_ & Northwest & Colket aircraft Corp. Navy's previously announced contract with Rheem to include several additional components of the T-33 jet trainer and the F-94 all-weather fighter. Work on tooling will be started immediately at Rheem's South Gate (Calif.) plaxxt. Fabrication and assembly are scheduled to begin at the company's new aircraft division plant at nearby Downey (Cailf.) in July.—V. 173, p. 1114. sinking fund debentures, series A (with 7-year warrants to purchase 150,000 shares of common stock attached), due April 1, 1963. .065 . Co. California,, Webber, Peters, .23 Inc. of Co. Co.„ per share), without working capital. SEC .175 Co 6c Kirkland Rambo, Close 6c Kerner, Inc. Sheridan Bogan Paul 6c Co., Manufacturing Co.—New Contract Signed—r company's Aviation the of Plywood Inc., Detroit, Mich.—Registers With SEC— .095 Company: Curtis- -065 —- Read Dominick Paine, .065 Merle-Smith—— Dickson Dillon, Pacific .095 _,. Co 6c Pacific Coast Securities Pacific Bodine Co 6c 6c S. R. The .145 - J. Newsome Penington, 3,000 3,000 Co., The corporation .48 .095 Townsend, 6c Co.— .93 Ohio Jenks, 10,000 6c covering for .125 Co .59 C. 10,000 * Co 173, The .04 Mullaney, Wells 6c Co., Newhard, Cook & Co.—— .065 Co Dempsey-Tegeler 6c 6c Corp Co., Collings the Shares Woodcock, .29 .065 6c Mejia—— Skaggs 6c Co 'Davis, Stanley Moscley and underwritten below: Inc 6c Applegate 6c 6c C. SEC 2.75 S. stock 1,00q 1.06 F. .59 CUrtiss, House 6c Co.—___ p. M. Dain 6c Co ' Co — .065 —— 6c underwriter preferred .23 Morgan .175 Co Weedon Milwaukee principal new .125 Co.——, Tully 6c Co Moore, Leonard & Lynch— Morgan 6c Co.— .125 — Co 6c Co 6c Courts Co & the Suplee, Yeatman G. —V. 180 Mitchum, Co Collins table each of Thayer, Baker 6c <$ 1 —— Cohu 6c shares heed 1,000 .29 Merrill, Turben 6c Co.—„ Revel julien of the of name 2,000 C. .23 — .095 6c Rheem This Pigeon Hole Parking, Inc., Spokane, Wash.—Files— Co.—,—— Co Miller 280,000 shs. .065 .065 Co 600,000 shs. .125 — Richard W. Clarke Corp,, Coffin & Burr Inc <fc 40,000 shs. . 2,000 Inc.— Co. 6c 6c Co., Reid Bioren Lynch, Pierce, Fen6c ner Co 41.049 shs. _——•- $30)— Geo. .065 6c 1,000,000 3,000,000 200,000 shs. ——_ Hayden, Miller 6c Co .29 6c May 6c .42 Inc. Masten Earle $9,793,000 0 - McJunkin, Patton 6c Co .59 Co., 6c 1980 Brooke 6c Co Brothers McAndrew , .59 Chace, Whiteside, Warren Marks in The First Boston 6c Irving Lundborg 6c Co M. • 6 —— 1978 1, — (par number forth Fulton, -93 Laurence set Blyth .59 Rhoades Kalsion Furina Co.—becondary Offering—A secondary offering of 24,000 shares of common stock (par $25) was made on March 21 at $79.75 per share, with a dealer's discount of $2.50 per share, by Merrill Lynch, Pierce, Fenner & Beane, Hill Brothers and G. H. Walker & Co. —V. 173, p. 764. Outstanding Shares .065 Co.— M. FINANCING except as set forth in the mortgage securing such bonds authorized indebtedness fixed at $40,000,000. total are 1.80 Co.—— stock respective .125 Co. 6c Co., 6c 6c .29 —■ preferred PURCHASERS—The 1.80 Co 6c Lester — •but . C. .59 M. Byllesby 6c Co. (Inc.) .W. Co .145 Co Bradford Alex. Williams, 6c PRESENT "Not limited 1.21 6c 1, stock, cum. (par $100)——/ Common ..29 : Irving Lee 6c Co Higginson Corp.,,—.93 -125 C. VE. Levy Freres Simmons— 6c Co 6c Co.— & Inc. ; Lawson, .48 ■'Bosworth, Sullivan H. Bissell 1, 1975 May due March 4.24%' preferred 2.75 .125 — Langley .48 Co. 6c 6c Co 6c Meeds—. W. .59 4.25% .095 - due series Preferred 1.80 ____ series due Nov. series 2%% 1.45 .065 Inc.— 6c Co.— Laird, Co... & . Knowlton .44 Co. Walter Blair Boettcher J. Kuhn, Loeb 6c Co.— & 6c Rollins William a Kidder, Peabody 6c Co Kirkpatrick-Pettis Co. C. 3% .125 _ Frank .35 - Eichler Bingham, Blair, ' Co Becker Co TO mortgage bo,nds— 2'/#% .095 .065 .125 — Kraus—— Stearns G. Inc & .29 Inc. Harden,.. 6c Co., Bell Kidder .145 Co.,— Baker, Watts 6c Co. Baker, 6c 6c M. .175 6c & Davidson Robert Kalman Inc.. Corp._ Securities EFFECT Authorized % G.055 __ Allyn American GIVING ' ? 1st % .. CAPITALIZATION sev¬ follows: as 19 reduced from capital 173, p. 966. from $25 stock to $10 account per to share capital * " Number 4997 Volume 173 . . Sattler's, Inc.—Registers With corporation The with SEC the March on of shares ; - ; • Southern - common offering through underwriters- headed - by Hornblower <fc Weeks, New York. The rtock represents holdings of Charles Hahn Jr., President. The company has outstanding 500,000 shares of common for ' •' • Feb. Co. ' * ; ' ' ' . Operating '''' Freight Misc. common . ■ 173, program.—V. construction p. Taxes Hire - so Dividend has 1956. During 1950, under a similar expended for $39,100 of par amount bonds, an average $619.01 for $1,000 principal amount of bonds purchased. was vote Sherry-Ncthcrland Hotel Int. Interest * \ will vote on Operating revenues - — Operating expenses Operating taxes ... operating Net after Net —V. 173, -18,324,027 4,753,610 /-; _: • 16,861,747 2,876,565 $3,708,302 $2,329,172 $3,258,893. $1,885,424 income charges... .,100,227 83,172 $26,785,939 $22,067,484 — -_— 864. p. Petroleum Corp.—Stock Sold—J. March 5 sold 15,750 shares of common Southern California & Co. Barth stock a on (par $2 at $19.25 per share, without the benefit of net proceeds added to working capital.—V. 173, p. were Southern Co.—Bids for 1114. Common Stock— Southern Pacific EE, new p. will be received up to (EST) on April 3 for the purchase company '' 967. Southern Union Gas . noon p. company 246,650 on 60,716 10,694,321 56,060 29,926 20,955 10,698,010 10,358,209 10,343,304 11,914,308 19,248,065 11,892,761 3,000,000 3,000,000 5,192,800 3,000,000 3,894,600 has debt $6.89 , BALANCE SHEET, called for redemption on April 1175. Southwestern Associated Telephone Co.—Earnings1951 —zz J 1950 $717,586 Month of January— $510,076 3,000 Operating expenses __ Rent, of operating properties—__ — 2,500 $714,586 512,273 Cr25 101,491 Operating revenues investment in Net Net —V. operating income charges after 173, p. - $12.51 DEC. road and equipment——— 1176. ~ " $507,576 395,252 $100,847 77,067 $6.85 31 1949 called V. 243,514 979,834 tl,384,979 974,322 26,455,017 20,877,368 328,628 —27,346,406 26,083,545 22,249,110 254,428 15,514,749 funds property physical , 173, / stock ; 1 864; p. /•"/ ' Telegift, Inc., New York—Files With SEC— The SEC at corporation March 20 filed-a letter of notifioation with the of common stock (par $1) to be offered on shares 60,000 covering share, without underwriting. , , proceeds are to be used to establish and operate "Gifts-byservice to be known as the Telegift Service, and for working $2 per Wire" „ capital. Share in 1950—Consoli¬ and subsidiaries for 1950, after deducting all charges, amounted to $149,071,743, or $10.82 per share, it was announced on March 19 when the company's annual report to the more than 106,Texas Co.—$10.82 (The) dated of income net per this company stockholders Texaco 000 $ $ 544,785,884 544,724,340 other reserve Stocks Bonds — - — — - made public by W. was S. S. Rodgers, Chairman of the Board, and Harry T. Klein, President. Net profit for 1949 was $132,743,159, or $9.62 per share. • "■ '' •; • ■ ■" Stocks - - L— Cash 629 196,000 18,971,569 — Bonds _/_— - deposits _ due from agents Balances , 31,205,381 27,262,262 3,156,944- 3,151,681 3,373,027 2,600,441 (U. S. Treasury notes) zand conductors./-—_ accounts receivable-.—— Temporary cash • invests, Special 679 201,023 16,782,874 10,371,745 13,523,005 324,332 16,237,025 17,101,611 Interest and dividends receivable— 509,952 Accrued accounts receivable—————-^—. •; 2,656,399 Other current assets——1/———————126,210 Material and supplies —:— ,./■ 2,404,261 183,024 "Working fund advances—._/'.—v 174,761 170,216 funds—2,179,255 assets./-—670,991 1,028,838 882,659 '3,834,950 3,728,174 and other Insurance deferred Other debits Unadjusted - -- — —— 721,417,354 693,800,685 / Total LIABILITIES— 107,900 stock (par Common siock (1,295,698 shares, no par)—. debt Funded 60,000,000 194,303,500 48,107,000 56,712,000 800,440 1,120,632 unadjusted Unearned surplus 5,531,004 415,048 406,551 2,686,970 ' 54,396 3,548,200 3,223,650 1,218.064 1,289,322 6,114,696 reserves were- Total 1,038,728 ........ 2,756,280 3,501,146 income Gross 1 — selling operating, general exj^nses 3,074,213 708,564 754,066 6,381,623 6,721,088, , 42,443 3,718.692 3,722,606 193,328,762 and and Interest leases surrendered amortiz. of disct. 51,476 $60,848 40,056 721,417,354 693,800,685 amortization, tlncludes $1,078,752 unexpended proceeds of Equipment Trust "RR" held by Trustee to be disbursed upon delivery of equipment.—V. 173, p. 1175. and exp(ftnse Operating revenues Operating expenses Operating taxes — —V. + ————-—— operating income Net Net after -——— charges-/ 173, p. 108,186 ./—- — Prov. Cash Service dividends .declared dividend Earnings 89,942 $27,966,001 $23,245,732 20,136,541 18,026,421 4,491,586 2,951,945 $3,337,874 2,756,108 $2,267,366 1,761,100 Co.—Stock (par $100), delivery to preferred stock The —V. or proceeds are to be used for the 173, p. 967. 165,980,'980 55,142,428 40,619,469 19,518,624 $1?.03 $9.62 and Federal gasoline and oil taxes were paid hr of $198,406,704 during 1950, $186,159,305 dur¬ State amounts the in $176,851,775 during 1949 and ing 132,743,159 $10.82 share_ per • stock of The Texas Co. t336,528 shares of the capital 1948. -/;•/' at assigned value of $58 per share./ BALANCE CONSOLIDATED SHEET, DEC. J 31 1950 Cash —Z S. Accts. Govt, short-term and notes - 104,718,904 49,040,000 73,250,834 112,487,338 securities, at cost receivable (less reserve)— 1949 $ $ 94,680,039 ASSETS— 90,863,884 189,011,026 198,958,277 advances_/__'__z_/______z ~165;551,703 169,708,531 "Properties, plant and equipment/—_______ 789,034,178 24,697,377 742,058,255 Inventories — ——————— , 1 and Investments . charges Deferred — _____zl_-__ZV/_'_///-:_ 12,779,735 LIABILITIES— • - - 1,448,712,495 1,368,132,586 - 8,820,489 8,510,759 payable and accrued liabilities—— 101,905.941 tProvision for Federal income taxes_____—12,420,905 90,655,486 - 9,449;9l9 13,781,757 60,000,000 ~ 80,000,000 38,333,333 Notes and contracts payable.___ —___ Accounts 1949 and Jan. 2, 1948__ 15, 1965_ Notes of The Other 1, 1971_-z-_______ 80,000,000 Pipe Line Co.-//—;—^ Texas long-term 36,666,667 debt for Reserves Reserves for Capital plans-.— foreign - fluctuations exchange contingencies..—-—*_—; Capital stock Earned 2,138,775 — incentive compensation plan____ for (par surplus value $25) — — — surplus - Total —; • be company's construction program. for depreciation, 970,282 in 1950 and U. S. Treasury $25,000,000 in — - ♦After reserve in 1949. 1949.—V. 173, p. held 1,795,444 13,728,027 2,929,123 • 1,766,883 25,000,000 5,901,918 344,940,600 133,103,357 626,832,565 Dr\,540,837 1,892,648 1,826,448 25.000,000 344,940,600 133,103,357 553,556,179 23r615;262 1,448,712,495 1,368,132,58^ amortization and depletion of $6.87,- $637,159,375 in 1949. obligations , special related (less deposits t 1 Res. for benefits under employees' Reserve 60,000,000 May debentures, due to Be Sold before July 1, 1951. on --.j^ . ______ —— — addition, accrued Privately—The company has made arrangements for the sale to two institutional investors or $1,000,000 of 4.25% cumulative . 3,760,164 . - . 3,760464 1,150,174 ,/■. 629,972 24,206,000 45,500,000 149,071,743 75,795,357 - jCapital stock held in treasury Public 13,175,424"' 42,800,000 taxes profit tStock "In income for Federal Net 2%% "debentures, due June 1176. Southwestern 38,384,322 38,552,814 11,585,460 . interest charges_r Other 3% 1950 .'/—/—.___—1— $28,074,187 $23,335,674 — 31,810,494 32,915,353 46,136,901 3,760,164 1,627,784 debt funded on Di.v. payable Jan. 3, Co.—Earnings— 1951 revenues 31,$38,351 33,640,663 50,864,957 11,298,245 costs (amor¬ holes) dry 178,051,939 deducting depreciation and Operating revenues Uncollectible operating • bepreciation Depict, . 785,716,568 830,117,530 in-/" 34,273,822 devel. and tization 1,116,037,056 1,121,920,774 ' . . J 981,946,072 taxes) come Intangible $ 1,309,283,450 and - (other than Federal "Taxes 1948 $ 1,077.276,246 1,080,886,431 60,781,116 38,766,810 . 41,034,343 1,248,502,334 interest and other-inc— Costs, 1949 $ . Divs., U. —— . and 840,682 3,467,164 - .,,,1 services Sales 4,792,281 . - — "After YEARS ENDED DEC. 31 1950 '■ 19,104,208 49,598 ———— production and product sales in 1950 established at the year's end, the company's proved crude substantially larger than ever before. oil crude records and, 5,288,737 • credits————L— high CONSOLIDATED INCOME ACCOUNT FOR 2,686,970 127,694 4,666,019 surplus—appropriated surplus—unappropriated Earned 12,713.928 6,603,643 liabilities—___————— Other 301,304 15,678,107 34,812,493 Operating reserves ___■_ Depreciation accrued on: Road—leased from other companies oil Port > Texaco's new 550,605 .I . ——__/_ accrued refinery, 1,443,880 550,605 strikes, involving in five of the company's 14 refineries. At the Arthur, Tex., the strike lasted approximately employps, 7,000 largest 60,000,000 192,568,500 ——————- — Other current 129,686,900 —— Equipment trust obligations— Miscellaneous equipment obligations/— Loans and bills payable— — Traffic and car service balances (Cr)_____. Audited accounts and wages payable— Miscellaneous accounts payable ; Interest matured unpaid— —— Interest payable Jan. 1— Dividends matured unpaid Unmatured dividends declared— —— Unmatured interest accrued Accrued accounts payable Taxes 133,100 129,712,100 $100)—--—— Common earnings for 1950 were the second largest in its history Texaco's net despite the fact that they were adversely affected by some 17 weeks. Other investments: made Operating taxes V ... series B, called for redemption-on April 13,- 1951. # The for redemption may be surrendered for conversion- into until the close of business April 13, 1951. See also stock, common The 1950 Southwestern Bell Telephone Co.—Calls Preferred Stock— Operating revenues —. Uncollectible operating revenues 40,178 • . Month of January— 16, 1951, all of the outstanding 5'h cumulative preferred stock at $104 per share plus accrued dividends. Immediate payment will be made at the Northern Trust Co., 50 South La Salle St., Chicago 90, 111.—V. 173, This 1833. Guaranty. Trust Co. of New York has been appointed agent to the 200,000 shares of Sunray 4V2*fi cumulative convertible pre-- Total Co.—Bids for Equipments- of $12,000,000 equipment trust certificates, series to mature in 15 equal annual installments, and to be secured by railroad equipment costing not less than $16,000,000.—V. 173, the 239,300 973,650 Earned Bids 236,632 Equipment—leased from other companies. /Bids will be received by the company at Suite 2000,-20 Pine. St., New York 5, N. Y.,.up to 11:30 a.m. (EST) on April 3 for the purchase from it'of 1,000.000 shares of common stock (par $5).—V. 173, p. 1114. from 37.491' 231,100 Deferred liabilities selling group. The 1961,.. inclusive, for this-corporation whose of ferred 32,121 33,289 38,428 Preferred stock———— ——$26,874,111 $22,167,711 revenues- 12 -March Investments in affiliated comoanies: 1950 1951 en is. said, to be-the largest private formula manu¬ pharmaceuticals in the workh It has received considerable : attention- recently .as- the .manufacturer-of-- the • "AMPIN/' an- auto¬ matic hypodermic -device -to facilitate th« injection* «f antidotes 'for nerve gas poisoning.—V.-166, p..601. ., ' 2,312,319 32,873 46,186 $14.94 ♦Miscellaneous increasing the authorized A - 2,314,176 32,973 ASSETS— Telegraph Co.—Earnings- of January— SEC 24,888,289 2,178,519 f 3,513,276 32,261,394 , Rochelle, N. Y.—Expansion— Southern Bell Telephone & * 3,298,768 ." "3,112,654 25,162,588 GENERAL preferred stock to 125,000 shares from the present 75,000-share limit. At present the 75,000 shares of preferred are- all owned by the Pru¬ dential Insurance Co. ^;The company plans to uste the proceeds-to retire the same amount of short-term debt.—V. 168, p. 1804. Operating revenues Uncollectible operating 6,489 1,298,200 Corp.—Proposed New Issue Privately—w (he with- Sunray Oil Corp.—Redemption Agent— 225,847 9,260 Earnings per com. share March 22 announced plans to raise $5,000,000 through the.sale to the Prudential Insurance Co. of America of 50,000 shares of 4Vir/v preferred stock of $100 par value. Month 293,278 10,461 Common dividends company .on 19 426,712 3,000,000 Miscellaneous stockholders on April -414,964 22,400,042 and filed was corporation •redeem Appropriations for: Capital netlficatiom of 1052 to 1,979,640 1,011,354 Preferred dividends "■Total . Strong, Cobb & Co., Inc., Cleveland* 0.—Notes Placed Privately—Riter & Co. has placed privately with an institutional investor .$1,000,000 of serial notes due Sept. The 3,548,495 . Profit corporation has expanded its glass operation into the precision optics field, it was -announced on March 19 by Michael L. Kaplan, President."' •' ' This operation consists of grinding, polishing and coating of lenses which are now in short supply for military equipment.—V. 172, p. 383. The 1,509,192 1,037,062 2,025,210 . roads— funded on . . plan 47,684 . 35,481,854 income income—/ debt funded The The 35,165 35,765 on Co.—To Place Stock letter 1, 24,430 22,200 .1 , discount of Amortiz. « business dates back to 217,831 1,482,735 1,058,411 1,113,381 chhrgcs-Z- income Advances Simmons 25,051 203,647 •" • 1,521,277 secur; unfunded debt— on Misc. Notes Sightmaster Corp., New t • 21,375,013 56.202 ' above. Sherneth Corp. See 29,148,740 - 228,484" 191,906 Miscellaneous rents approving the action of the directors in entering into an agreement with the President of the cor¬ poration, Col. Serge Obolensky, under date of Aug. 30, 1950, pursuant to which the President was granted an option to purchase from the corporation on or before June 30, 1953, 3,000 shares of common stock of the corporation at $10.75 per share.—V, 173, p. 1175. also will 60,406,4987 v 51r159,922 21,863,820 -'237,372 — leased for 479. p. • its Joint'plan ^ subsidiary. Higgir.son Corpi, Cazreau. & Co. and Reich & Co.,. of New York.,, Tko proceeds are to go to four: selling stockholders;—V. 173, p. 967. J; Deductions— Rent withdraw to company covering approximately 13,750 shares of common-stock-(.par $1)- tb be offered at the marrket: (approximately>$7' per share)' through Le* ( facturer accounts & gross- the and 173, shares Total per 173, p; 864. authorized 12 Feb. on V. also "A ' unfunded Total nonoper. will vote on March 26 on a proposal that the name of the corporation be changed to "The Sherry-Netherland Hotel Corp." This, it is believed, will enable the corporation to derive more benefit from the goodwill attached to the name. stockholders r, 31,933,359- / _/_/_.* funded from securities The stockholders The -4,209,6221 27,721,768 24,898,420 V " 883,609" 2,338,945/ 3,433.954 1,197,045 1,452,530 1,436,077' 1,442,221 47,395 Miscellaneous $75.63 for Feb.-26 from Hlbernla for $77.17 per share submitted by on Orleans*-La,, New one physical income Income was Standard-Thomson Corp.—Filing With SEC— 33,067,141 .31,839,402 43,167,562 40,522,725 30,607,087 40,785,824 4,242,541" > - 2,834;354 / income.—/— from Inc. Jan. 1, in cash cost of of 5%% income bonds due tender opportunity, $24,203 $4,619,100 outstanding ently nonoper. bid . , The company pres¬ will be cancelled. filed 22,149.598 property Z Bonds—To Change Name— aside a total" of $45,835 to extend to all to tender bonds (without stock) on equal tendered rent Misc. ; bonds The 800,893 46,333,105 equipment• /_/_// •' -and other dissolution and to withdraw from the by the company and Standard Gas & Electric Co., a The Offer to Purchase Income terms. 881,37 1 "• SEC liquidation of Nonoper. income— - r Inc. from lease ol road 1175. rate purposes. corporation has set bondholders an opportunity 766,595 The 4,036,323 35,138,494: equipment—:.— Operating income' Stockholders—The common have been given the right to subscribe on or before March 30 for 13,214 additional shares of common stock (par 100) at $10 per share on the basis of one new share for each five shares held, with an oversubscription privilege. The proceeds are to be added to working capital and will be used for general corpo¬ The 3,568,239 71,348,428 facility Tents Misc. liquidation. in Co., only 168,557,964< 166.438,603. 184,606,915 171,673,513 from operr_— —___^,_rV.—__ • of The Standard Power & Light Co.—Withdraws Plan— - > stockholders of reeord March 7 • '42,173,745 4,186,041 expenses-.- oper. rev: acquired at, competitive sale was Trust & Equitable Securities Corp.—V. 3,050,368 1,637,430 , 2,794,754 881,836 - 2,773,326. 1,924,893 2,074,739 .1,836,301 ■ --..Z.Z—Z—.,..,. Total Corp.—Rights to Sherncth * Bank share. ; Valley Water Co. — Stock £ Offered — The company on March 16 publicly offered, .without under¬ writing, 2,150 shares of 5% cumulative preferred stock (par $100) at $105 per share and accrued dividends. :; --The proceeds are to be. used to repay- short-term debt and for company's The stock - '3,905,092 Transportation *2,383,092V8l,605i767 94,666.797 - 86 455,297 Miscellaneous operations 7 2,195,106 " " 2,089,773 1 2,22i;567 t 2,278,376 General 7,131,187.. 7,107,611- ". 7,274,227 ' 6,672,621 Shenango . 1947 239,906,392 212,771,708 245,013,413 222,833,436! revenues— of equipment— Traffic Joint ; ___• 2,870,606 oper. Maint. ? \ Corp.'below.—V. 173, p. 764. Sfte> Tri-Continentai 1 , See Net Inc.—Merger; Approved— 2,058,646 2,081,106 ___ Operating expenses— , . -'Maint. of way Sc struct. / 30,488,793 $14.62 % per share, with a dealer's.commissiort of 40 cents per share,'by Lazard Freres & Co. It was completed in one hour and nine minutes.—V. 173, p. 478. : Selected Industries, . facility '—/_„___; Total special of¬ fering of 25,000 shares of common stock (par $5) was made on the New York Stock Exchange on March 21 at ^ .1 transportation. Incidental Joint * ■ 1948 . • - Other Co.—Special Offering—A Scranton Electric •___: passenger Express include Co. Power & Paper in -excess of 30,000 tons, two adapted .to manufactuie Scott . $ * $ $ $ —201,940,658 178,569,622 207,256,592 186.185*803 16,407,976 17,960,923 20,877,905 .20,866,952 train— 226,978 336,038 429,159 357,107 13,438,587 8,432,736 7,301,929 5,898,559 Mail pulp mills with an annual small paper machines which can be products, and a hydroelectric generator plant capable of supplying „40'/» of the operation's power requirements. This acquisition represents a further integration of raw materials Into the company's operations.—V. 172, p. 2223. Falls of. capacity 1949 Steamship Corp.—Secondary Offer¬ Standard Fruit & • 11 (1279) ings-Howard, Weil, Labouisse, Friedrichs & Co., New Orleans,,La., on Feb. 27 offered 8*025 share of $3 partici¬ pating preference stock (no par) at $81 per share,- less a dealer's discount, of $1 per share. revenues— —; Passenger the company acquired all the outstanding capital <fc Power Co,.in exchange for 30,000 Scott Paper shares. Located at Oconto Falls, Wise., the properties Paper CALENDAR YEARS FOR 1950 , 1951, 9, Falls of ■ ACCOUNT INCOME ' v" . Co.—Acquisition— Scott Paper On stock to $918,750. mortgage loan amounting Annual Report—The results for the — 1241. to public stock and-a. 3Va% Ry. 1950, together with the remarks of Ernest E. Norris, /President, were cited in issue of March 22,-pages 1239 year it had registered stock intended that announced 22 • 200,000 of issue an SEC— r t Chronicle The Commercial and Financial . for tAfter deducting $40,000,000 1950. and payment of taxes in fRepresented by 22,633 shares in 1950 and 10,000 664. ' ' ^ (1280) 12 , The Commercial and Financial Chronicle Oregon-Washington •JAs registration statement with the SEC covering $15,000,000 of 20-year debentures, due April 1, 1971, and 131,190 shares of common stock, $5 par. corporation additional The March on of shares stockholders subscription by filed 14 a stock common the basis on offered be to are of additional one for share for The expire to writing Of for public offering but Shields books subscription March on have closed been National 3% It the officers expected is securities 173, p. April 2.—V. merger will of Selected the that securities the that and 31 for Bank Trl-Contlnental cf The time Co. be INCOME STATEMENT passenger " 1949 U. S. 1, 15,534,157 17,252,052 struc. 59,107,661 63,410,805 73,337,289 72,865,946 9,562,158 9,118,500 9,333,182 Transportation ""III— 22,159,543 23,075,725 24,125,333 exps._—— 138,269,550 & county., 16,312,888 80,900,417 116,179,916 rated 14,971,732 now Fed. 49,027,389 unemploy, and 15,843,910 by to retirement 11,053,068 10,587,112 10,103;238 148,406 110,853 83,221 Other Federal from .inc. Tic. fr. Divs. its Int. bonds on and owned Other 31, 36,757,231 27,140,327 26,540.409 16,957,218 3,736,241 2,711,351 2,343,818 and 1,978,590 2,124,657 2,273,337 in 1,895,774 963,391 4,460,896 56,458,369 74,315,440 62,792,501- Interest 5,766,478 5,946,176 7,437,771 1,067,032 1,102,165 1,079,672 Cr226,982h Crl04,812 76,393,862 funded on Misc. rents debt 5,565,280 chgs.— from (■Released and - reserve. are of in the sources pfd, stk, of on 69,988,532 49,694,538 67,454.324 3,981,724 Percent, Dec. Divs. stk.. com. par val. 66,006,808 .'I , 20.56 28.55 23.40 22,229,100 26,674,920 earn. 22,229,100 39,331,888 " 23,483,714 surp. 36,797,680 amort, "faint, of deprec. & 29,784,645 6,268,468 14,226,195" 'reserve against possible 6,460,561 5,930,612 12,456,541 10,253^351' refunds GENERAL BALANCE <',• on U. S. :.:i - equipt., etc, 1949 and 41,329,023 ____ • DiVo.- first unpaid J—_ __ IIIII —I (incl. accrued other current liabilities unadjusted Unearned interest Earned 209,301 and ' Reserve I_.II -----— ' or to give of Timed has of ancTsurp". possible refunds on 17,828,710- Co Co. in its of Jan. 31, government of 7.3% payable only to the to pay interest on annum sufficient A and series ' . liquidate bank loans and improvements, machinery and equipment'* and . of the business done by the 1951, of the A had company GIVING EFFECT promissory 1 TO notes, 4% I ■■ notes, Jan. on A 15, notes FINANCING Outstanding * V ■' $44,580 of-the of to each stockholders subscribe five on stock common 55,000 1 150,000 shs. 15, to 17,390 shs. 1954, and $24,500 of series P. of record April on the Rights are par) held. March for 11 basis be to will 27 be given the additional shares 122,440 of additional one mailed share for 28. See March on .l2l6:i,-;.,.-?fi; ^'1 ' Wayne Knitting Mills—Earnings Show Improvement—♦ Pa., necessity permitting needed additions than more its to and total balance bonds at set of $14 aside A aside $1,806,308 of letter of notification Welex Jet Services, A letter of 2,000 ing shares market notification of (estimated McCulloch of Thompson, OF INCOME 1950 1949 Ft. the $ $ ■ filed to with stock the (no March on 9 1 March on to par) be 13 offered f cover¬ at the be about $24.50 per share) through Barron Tex. 'The proceed^ are to go to Willis H. stockholder.—V. 173, p. 968. Worth, selling aa» ,../iU . Ry.—Earnings. . ) 1951 revenue from railway operations railway operating income. $545,537 804,703 earnings given in the "Chronicle" January, 1951 and 1950.—V. 173, p. 968. 872 496 549 2,037,263 $1,435,326 —. $2 032,805 2,833,718 Net Net 1950 $4,319,044 The 7,129,924 SEC SEC JanuaryRailway operating revenues Railway operating expenses_____. $ 906,387,149 1,005,829,124 13,198,462 19,692,732 the Month of . 1947 : with Inc.—Filing With SEC— was common Western Maryland . , 1948 $ filed was remaining 31, 1950, was $60 million, by redemption deposits with STATEMENT $3.46 ' . share per Dec. covered $1,245,528 $4.88 1140. p. common stock (par $1) to be offered at $16.25 through F. Eberstadt & Co., Inc., New York, and Shillinglaw, Bolger & Co., Chicago, 111. The proceeds are to go to Herman Biechele, the selling stockholder.—V. 173, p, 865. Steel costs. war 304,748 covering 6,000 shares of exhaustion million for $2,050,276 1,721,674 share per segre¬ the million Steel 1949'.. . $3,527,982 Webster-Chicago Corp.—Files With SEC— of and 1950 : Net profit —V. of end replacements wear 31— at the At Dec. Of amortization completion. Ended Earnings 172, all the was $678 million. facilities had been covered defense of Year Profit before taxes__. Federal income and excess profits taxes ' complete i 173, p. 968. before or (no shares ..also, v., 173, .• as figure for 1949. t due ... mature Jan. 1955.—V. ' •> PRESENT • convertible civilian backlog of business witb a approximately $48,000. and B common right million, or a return of 7.2% highest on record, amounting to excess- J company Govern¬ S. for Authority, sales \ - , used-to Washington Gas Light Co.—Rights to Stockholders— gov¬ on [ ' non-convertible The steel the by of * March ' : 5 ; 373,325 those are for ■ ' 20,663,936 10,191,848 .. 10 402 279 \ v * V. ' » • ' 27,351,657 ' "- v. 1,120,608,522 Whitin Machine Works, *14,159,997 '■ ; * ~ ♦891,133,297 1,013,756,603 exhaus- 1 • 143,938,940 prov. ' 119,661,652 - : ' The - -' ' stockholders on authorized capital-stock 841,915,356 - 145,986,681 - $12.50, par v shares.—V. 114,045 483 in prior - - - 1 *- . red. and ta?eStaxes . effect to a Boston—Split-Up Voted— j March 5 approved a proposal to change the from 360,000 shares, par $25, to 720,000 shares, two-for-one split-up of the outstanding 351,800 173, p.. 865. ' ' 1 i, ■ Wilson Brothers, Chicago—Maguire Named Director- - W12'3* ■ ••- • 2,394,345 56,221.366 49,887,902 126,000,000 * 45,197,381 IH~" ,s Mr. Maguire Trust Co. ' / 215,464'142 '165,908,829 / pId" 25'219'677 97,554,832 25,219,677 56,135,975 -92,689,633 - 129,627,845' 25,219,677 The . . $4.00 . several other firms. business outlook4for CONSOLIDATED "r, Year Ended Dec. 31^- $5.39 and were, informed ..of Wilson Brothers' substantial Eugene J. Hynes, Chairman, added that profits for the 1950. 45,692,073 52,188,656 V 56,186^398 84,553,177 ' $7.29 _ Ind., stockholders - J ./25,219',677 Net /■ $3.90 sales Net - _______ Chairman of the Boar-d of the Federation Bank & director of the Merchants & Manufacturers Insurance a first six months of this year should be excellent and that the the remainder of 1951 is highly favorable. 127,098,148 ^ 52,219,512; is He is Co., the Pierce Governor Co., Anderson, STATEMENT 1950 : J OF 1949 EARNINGS revs. $21,878,707 taxes 354,761 ♦113,752 344,593 344,593 Common shares outstdg. (Earns, per com. share " •*; $0.83 . 1947 ♦Loss after —V. 173, p. t & Iron Cd;—Debt Increase Voted— -'jgate 6,754,365 270,840 March 20 authorized an In increase 726. 6,730,647 434,834 28f(,181 . 344,593 ' Nil income tax credits of $75,000 608. . / 344,592 $1.05 ^ $0.61 (After preferred dividends. ~ * Wisconsin Central Ry.—Paying Agent— hands of the ..The-United • paying aggre- , _ 1,924,630. nf f. und . */„ Trust the Co. first accordance of . New general with Court York Order ; . *■ ^ has been appointed bonds -tendered-• and mortgage dated Feb. 26, * 1216. 1951. r , / '•/.;• '■ ■ Worcester County ■■'■.• t . Electric Co.—Bids for Bonds—■ \ ^ Bids will be received at St., Boston. 16, Mass^ up to - it • of —VI $12,000,000 173, p. first the office 1216. the of 441 company, Stuart <EST), April 3, for the purchase from bonds, series B, due March lr 1981. noon mortgage " . _ • ; . _ , ^Vandersee Engineering Co., Houston, Tex.—Files— oC°n3Pan9 filed ' '' ; ; . for r 425,588,234... •39,584,547. public, in p. 173, " States agent accepted - ' > --- 1.246,847,105 1,177,095,175 in 1,000,000?—V.P 173 °^ 479" amount-not exceeding the the NpwPVn?t ?XMTveaSU-,e,r 0il»he Pennsylvania RR., 380 Seventh Ave., for th^ sili 'n Un 3 p m- on March 30' 1951 receive-bids .L handi I tha company as of April 2, 1951, of consolidated' mort1 furn ?i iQRonan? ' au "amount sufficient • to exhaust the 1 —V;'l67 p 1263 a CS n°t t0 exceed par and accrued interest.- 28,522.352- 464 1,697,648 463,314,317 39,584,547 $ ^ ' 28,522,352 7,936,647 i of stock offered in unit.-without capital. '666 shares notification- with (par $10) units of Yolo Steel & Metal Co. j the- of 7%, cumulative non-convertible pre25,000 shares of common stock (par $1) to preferred and one common share at $11 "per underfrritiijg. :The. proceeds are to be added to ' fenea be letter-of a end „ The -iThe i 1, working fc. r (Calif.)—Organized— was capacity Of 1.000,000 tons of ingots annually. ' ; . It is J.<«\ cpmpany, headed by G. I. Dumond, has appiied to the National Resources Board for a certificate, of. necessity/* r1" " Security .< v recently, organized to constructvand, operate a $2644KM>.000 steel plant at Sacramento, Calif., which would company proposed have-a one - . proposed -wj to obtain ore from \ $1^732,494 $16,41^47 ,$16,959,461 * ^ \ ] - 1948^,'V4 ...» total after profit —V. nnnfiC R^' Co" .capItal st(?ck outstanding in til' common and $99,543,100 preferred (each 1 preferred and nJfCe ^presents-St. Joseph & Grand Island.r stocks " 91,000,000 profits in on j. Jeremiah D. Maguire, New York banker and former President of^ the StandisH Worsted Co. of Plymouth, Mass.^ on March 15 was elected to the board of. directors of Wilson Brothers. 507,729^ 2,740,942,004 2,135,776,860 2,351,880,690 1,995,688,095 costs V . 109,000,000 -»x. 234,000,000 Profits Expected to Be Excellent— 4'858'545 2,297,316 - ®2,665,217 ' income • Vandalia RR.—Tenders— t omm n common As notes r priority 7,714,342 U~."sl shipments — unappropriated.. liabilities "was per ^ be approximately 90% ♦$20,030 of series B . . — years 4% (including $44,580 of series ________ 2,956,406,146 2,301,685,689 2,481,508,535 2,122,786,243 5,938^735 ' Zr of earnings Feb. 15, 1956 Capital stock (par $1)—_______ been ! J 35,378,707 43.500,095' t surplus i Balance net and manufacturing for agencies of the U. approximately 10% is in the field of research Five-year capacity, as of improvement securities had been set replacements. During 1950, U. S. S. of on 10,363,637 311,639 reserves Government rate be series leasehold and declared return a Morrisville, excludes ;■ sold Valley Mold 61,260,300 50,967,013 7,809,159 6,666,111 J betterments against the shall three Authorized mod¬ '"^frpLnr+nCrlaSSifIfati^n of various employee benefit; costs.> tBased May^12f 1949.—V! 173 p 6%™™°* St°Ck after * 3-for-l'^ split-up on ... 253,780 18,923,535 i Funded debt retired through inc. Sinking fund fty By. at on proximo)__ surplus—appropriated:"" Additions *■ capacity annual one the at due credits..,. surplus for and series matrial raw ___ deferred liabilities ' Deserve for fire insurance other 222,302,500. 99,591,581 " "99,591,581: 215,396,183 225,991,778 11,990,170 9,218",606 proximo) Dividends matured unpaid (incl. dividend cdmmon stock payable second T^xes total programs ■ „ tE?rnTCperUcomS " rr_ Du® to affiliated companies matured a of programs ■ • Offered—Tal- research ♦4% 256,000 U. million 1,474,908 222,302,500 i; debt Interest & share (Common "stock stock of r»ivtqC^,• com. {tk. 2,891,197" 1,246,847,105 1,177,095,175 Preferred mill also _____ DivSoncum 35,317,424 1,236,720 .... LIABILITIES— * its facilities,-including CONSOLIDATED serv. costs, Total 1,563,877 —— Total Funded there CAPITALIZATION $165.9 the were oiiginally $100 debt 48,092,934 56,400,000 42,099,998 63,385,197 supplies on 991,589,634 57,051,720 Unadjusted debits of " 2,171,141 I 56,343,205 (U. S. Govt, secur.).... other current assets Deferred assets .it of $ (net)—. 1,025,166,388 Cnsh Material to million " 1>822lG86 jEiSb. / 1950 - $ Temp, cash .invests. the State^locaY Govern- SHEET, DEC. 31 -1 "•>' , ASSETS— road, that present use. to -31,5 million net tons,* the representing 98.2% of U. S. Steel's beginning of 1950, the report said: 1949 In?tst5.(eeton shipments." in at 31, 1950, excludes "the $250 securities segregated for property * additions referred to above, $95 million of which-was years: 5,121,363 Investments at for than ' for 15,991,159 from Y.)—Notes i • amounted $35.4 million tion of facilities & Struc. (Released (N. .* i ■ Malnt. of equipment.— meat redeemable working capital. in company, certificates Products & service charges: way 1950 million by benefits _ War- ♦Including are Interest is cumulative. At is to 1950 steel or '■* Wear to notes ment, responsibilities developing Construction began and $354.7 million in or $307 $5.8 bought Transf. Steel Insur. & oth. empl, , 29.69 of Steel's .ingot give tons. Employment costs: Wages and sal. 1,018,530,543 Soc sec. taxes 24,017,465 Par. for pensions 108,981,205 52,013,745 t 26,674,920 loan | S. $215.5 Calendar Years—; 3,981,724 . ...-L stock com. • 1 BUSINESS—The corporation was organized in November, 1948 in NeW York, and is engaged in research, development and the manufacturing of magnetic recording devices and allied electronic equipment. ) to government V 55,995,469 63,472,600 outstd. 31 on 45,712,814 bank ' Feb. 23 publicly offered $56,000 of fiver on the notes will be at for ' ■ Surplus for S. defense of trustees. Crl64,731 Crl,547,973 3,981,724 . 3,981,724 co. $100,000 a power a 1950; ; Divs, in for more fund Prod. & Net inc. fr. all national 60-month period following million of U. S, Government Long-term 857,234 ; repay part shares. * ' Corp. td 1,000,000 convertible other debt, to Lancaster" in to 7,000,000 i PROCEEDS—The proceeds will year. excluding Total income U. oiders was replacements gated » its meet to U. income 1950, $250 million notes 1,776,324 Lancaster to .. Warren 4% proposal a 500,000 notes, due Feb. 15, 1956, at 100% multiples of $70 each. Stockholders were first given right to subscribe for such principal amount of riotes Bi. registered holders of U. S. Steel stock, 239,000 individual holders. : : ;■ /. /... Working capital of United States Steel Corp. and subsidiaries at Dec. 31, 1950, was $441.8 million, compared with $483.^million at Dec. 31, 1949. Working capital at Dec. 4,501,384 2,084,235 1 time approving from 6,000,000 ' /the notes of all including 14,410,230 41,975,632 —— to by 1950, the estimated amount required replacements of and additions to over the 21,707,437 income end facilities, for 23,902,998 opers. (net). stock owned_„ used budget, tons property additions and expended $179.3 million for 44,128,921 oil on be 1951. capacity 1950 amount, cost 1950, trans¬ portation operations to 1950, fbr the Sales for U- Net 31, 1950, integrated the 13,971,345 124,850 14,205,801 to essential with the this f rents 16,463,756 subsidiaries, ' Co, are million defense be for There 17,598,877 1, 33.9 production sales. new insur. Eqpt. & jt. facil. (net charge). carry advanoe from on stock option of the company at 110% of 'the face value thereof, and each $70 principal amount of convertible notes is convertible into 10 shares of capital stock (par $1). Interest the million Dec. to authorized 30,449,590 34,840,293 account to ;• ■ C.) The authorized will add approximately 2.5 million tons end of 1952. Some of this new capacity will' be in the annual At- 13,885,835 Federal income July of $2,956.4 million, 109,599,081 16,187,350 Gas sought 1.8 on record Income on Dec. Taxes—State authorization Production 22,916,543 - SEC vote from as upon the conversion thereof would entitle him to share for each two shares already held. ? 765. p. November, Ingot 8,486,056 146,741,604 155',294',638 148',98o',346 154',397,879 received construction has by by highest 53,128,675 69,181,745 60,630,926 80,889,966 over would national security. U. S, Steel's defense orders and essential civilian programs will absorb about 23% of its ton¬ nage, of which three-fifths will be for defense orders and two-fifths 'for programs declared to be essential by the National 5,635,676 17,275,660 5,735.703 of equipment——— Revs, loans interest 1951, ernment $ 4,720,147 14 advanced so Since Increased Jan. 1947 $ Consumers Steel sources. ' on 465,283,516 398,823,082 437,583,132 410,053,705 revenues. Other bank Co.—Cash Advances— by accelerating to the degree within its ernizing and expanding facilities and be may ' 1948 $ 4.368,701 - & the United States Steel Corp. — Annual Report — Excerpts from the remarks of Chairman Irving S. Olds, follow: r compared way The 1216. p. stock common . YEARS CALENDAR FOR ^ogo^ ♦Maint. York. the madge & Co. 1115. p. March on 1951 314%.—V. 173, ^ other ♦Maint. of owning companies : to repay ar. emergency loan by UGI in the amount of Consumers to meet a portion of its construction program and to finance the cost of conversion of customers' appliances to utilize a higher BTU gas, The advances are to bear Oper.. revenues—Freight 389,289,637 332,654,719 359,724.653 330,468,521 Passenger 33,159,662 32,400,923 42,369.215 46.412.313 13i463,137 12,501,509 10,261.534; Traffic (J. maturity, and $50,000; and by In $ • oper: the of Power Co.—To Increase Stock— • , its production 1950 Total of New at x>f Tri- beginning and funds programs V; I" books 968. $900,000, respectively, on open the-remainder of 1951, to its during Gas Industry made effective Industries and finance 1115. CONSOLIDATED Express the City 173, company $250,000 March 31—A Corp. 173, *:,, on Union Pacific RR. Co.—Annual Report— : the & Monday, March 26, 1951 « 1 companies (less unextinguished discount charged to earned surplus—unappropriated consolidating the accounts) and the amounts at on and extent more • of interest,—V. operation ■ —V, discount in United Gas Improvement and of Selected Industries Inc on to effect the merger of the two corporation this merger was approved by the stockholders March 15 and by the stockholders of Selected 20. exchanged and back shares 31/2% on The on March of as df authorized corporations. Virginia Electric . The stockholders on April 18 will increase the authorized preferred company is planning new financing this year to pay for 50 ordered since 1949. - This would involve $10,000,000 of 15-year debentures and $16,000,000 to become available from a standby credit" arranged with a group of 34 banks headed by The Chase- Co. & ; Tri-Continental Corp.—Merger Effective Continental by planes and Weld & Co. and Stone & Webster Securities Corp. on 21 owned The by Co., March 15 the offer ing of 550,000 shares of $2.55 cumulative preferred stock and the oilering terminated (see V. 173, p. 1115).—V. 173, p. 1176. March stock intercompany items, in Transcontinental Gas Pipe Line Corp.—Books Closed directors bonds added The The all United Air Lines, Inc.—Plans Financing— expenditure program for the year 1951 provides for expending $8,800,000 for buildings building additions and related improvements and $3,000,000 for additional maclunerj and equipment, exclusive of normal replacements and improvements. Such capital expenditures for 1952 are estimated at $2,500,000,^ Requirements for additional working capital are expected to be large. V. 173, p. 1170. that capital capital company's White Co. excludes year proceeds of the financing, $7,500,000 is to be applied to the payment of outstanding 2V\% bank notes and the balance will be added to general funds of the company. announced sheet 173, p. the The Navigation balance which the securities are carried is set up here to balance.—V. sale through the price and under¬ public amendment. rate, supplied be & consolidated 7,, offered McDonald & Company, principal underwriters. & the as 17. be interest to are Barney named are to are The terms Smith, April on debentures the on eight shares held on the record date (about April 3). The record date and subscription price are to be supplied by amendment, < Un¬ subscribed shares are to be acquired by underwriters. The under¬ writing teims also are to be supplied by amendment. Rights are underwriters. this securities of the Los Angeles & Salt Lake RR. and St. Joseph & Grand Island Ry,. owned by other system companies are not included. The difference between the par and face value of such securities as carried on the books of the issuing each expected RR directors. Thompson Products, Inc.—Registers With SEC— The . a-deposit Counties, about 180 miles from Sacramento1, v; in Plumas ; and Lassen 1 Number 4997 Volume 173 . Stock Record «» New York Stock Exchange DAILY RADIX OF PRICES WEEKLY VOLUME OF TRADINC YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE STOCKS Previous Range for f per Highest 39% Dec 2% Feb . 27% Dec 3 a .48% Dec Y-t , 3 2 3 Dec 18 27% Jan 67% Jan 4 77 Oct 121% Jan 74% Jan 5 27 27% Feb ; 80 4% Jan V. 3% Feb 27 29 86% Dec 30 . • 80% Jan A July 3 Sep 8 83% Oct 20 82 21% Jan 3 47% Dec 19 39 Mar 15 89% Mar 2 Nov 18 95 Jan 6 3 47% Jari 5%% preferred. A_. $2.50 prior conv preferred-No Allegheny Ludlum. Steel Corp_No Allegheny to West Ry 6% gtd " 102 13 Feb 9% Jan 16 11 Feb 10 65% Feb 13 Mar 15 3 23 % Dec 11 30% Jun 22 1 28% Jan 32 % Jan 13 44% Sep 28 Feb 16 100% Dec 4 2 14 X101 Feb 4% 3 37% Feb 5 Alpha Portland Cement Dec 22 84 Mar 13 ,100% Jan 5 5% Jan 3% Mar 15 29 26 100% Mar 161% 2 Dec~30 23 Amer Agricultural Chemical—No par *54% 55% *54% 55% 1 15% 15% 15% 15% 10Q 10 82 17% 82 50 *58'/a 60 60% Feb 16% Mar 22 Jun 30 82 Dec 28 78 13 85% Feb 9 2 18% Feb 9 68 Dec 10% Jun 27 Dec 20 27 30 5 43% Dec 8 109% Oct 4 7% Jan 13 30% July 3 July 26 July 5 10% Jan 120% May 24 190 Jan 18 55% Jun 39% Jan 18 83% Jan 18 32 % Jan 9 Feb 21 Mar 14 . x45 2 7% 4 22% Feb 9 22 % Jan 25. 28% Feb 24 Oct 8 97 Feb 21 115% Jan 16 178% Jun 19 101% July 12 113% Jun 23 49% Oct 6 2 87% Feb 4 Jan 10 47 Jan 2 prior preferred American Cyanamid Co com 100 10 3%% conv preferred series A_ 100 3%% conv preferred series B-100 American Distilling Co 20 202 Vs Mar 22 Jan 30 58% Jan 15 122 17 Ju» 4 18% Jan 5 2% Jan 16 3% Jan 2 86% Mar 15 96% Jan 16 14% Feb 18% Jan 1 Jan 16 93% Oct Jan 4% Jaa 13 25% Mar 22 3 22 % Feb 84 74% Mar 13 17 79% Oct 8 28 55%. Mar 22 52 45% Aug 25 44%. July 12 43% July 2fc 49 Jan 26 29 Dec 11 47% Mar 11 9% Apr 13 75 Dec 28 92 13 July 17 16% Dec 28 78 Mar 29 American Hawaiian SS Co 2 American Hide to Leather com 10 Mar 8% Jan 9 24 Jan 24 17% Jan 16 86 2 16 Jan . 2 16% July 18 25% Oct 7 17% Jan 21% Dec 28 20% Jan 19% Mar 22 18 13% July 81% July 6 101 3 21 Jan 29 17% Jan 99% Mar 13 22 Nov 24% Feb 17 Jan 29 105 T 17% May 12 12% July 12 Jan 11 2 88 Jan 8 11% Nov 22 10% Jan 25 12% Feb 7 43% Mar 14 50% Jan 12 106% Jan July 13 Oct 86 29 106% May 17 187/a Aug 16 13 104 Mar 15% Jan 8 19% Mar 2 3 " 9% Nov 6%, Jun 26 23% Aug 32 Aug Aug 2 ; ■* 11% July 26 I 175% July 18 5% July 13 ' 28% Dec 134% Sep 25 22% Mar 24 29% May. 1 .9 July 14 38% Jan 25 Jun 27 128 18% Jun 30 146'A Jan 3 8 16 33% Jan 12 36% Feb 3 22% May 23 16% May 12 16% Jan 3 22% Feb 27 - 12% Jan 175 24 Apr Feb 177 10% Jan 19 31% Jan 15 38% Feb 3 14 73% Nov 24 169% Sep 145 14 5 Jun 13 Jan 50 Mar 14 71 ♦ "• 156 Mar 15 38% Jan 135 2 Jan 9 42% Feb 14 167 ■ 23 139% Jan 37% Jail Jan 32% Jan 10 60% Aug 17 59% Jan 13 22% Feb 3 161% May 20 76%*Jan 9 Mar 30 158 13% Mar 10 Feb 13 2 70 Jan 31 138 20% Jan 3 131 150 Jan 158 24 "64 58 Jan Jan 12 % Mar 22 9 Jan 18 40 Dec 14 99 Jan 63 May 1 95 Dec 18 86 5% Feb 14 16% Nov 24 21 79 28 38% Jan 25 27% Apr 38% NOV 24 36% Jan 2 81 2 18% July 13 106 *51 July 12 Jan 12 19% Feb 11 9% Jan 4 Feb 15 3 33% July 14 26 % Jan 69 Jan 13 3 28% Dec 28 110% Mar 8 72% Oct Nov 18 4%% preferred Dec 47% Oct 85 117 *116% . 210 118 52% 51% 50% 19% Feb 2 5 7% 7% Corp $4 conv prior preference—No par Amer Zinc Lead & Smelt com 1 13 Anaconda Wire to Cable ^or H°ck Glass Corp- 16 10 Andes Copper 8% Jan 22 24. Jan 13 51% Jan 29 Armco Jan 29 ^ M°TrferrTd~—rSopar Mining A P W Products Co Inc Archer-Daniels-Midland 53 A11/ ^ 50 41 8' % No par 25 Anaconda ■ 'J 43/» 38 A preferred Copper Mining 2 13 130 42 ^ ,'4 100 Feb 3 5 common—No par preferred 38% Jan Jan 61 *13 % 100 Anderson-Clayton to Co Anderson-Prichard Oil Corp 42% Mar 15 143 A 25 com preferred $5 prior conv 04 /4 . 100 Viscose American 5% 25 common 1 48 j] A 154™ JA Tobacco preferred Feb 110% Mar 14 *132% Rights 6% 74 4 1™. 3"% 35 % 12 % ^ American 4%% Steel Corp No par common.——-10 preferred—100 convertible 20 5,600 40% 100 u 1,200 10% 63% 22% 31 44 97 9,600 400 3,700 200 6,700 44% 44% 96 96 36% 36% 87% 87% .'4 4% *38 40 " 17% 17% 166 166 *54% 55 15% 16% 84 % 85 % 17% 17% 59 59 15% 16% 41 Vs 41% 108 % 108'A -13 13% 500 900 4,600 2,400 100 700 1,000 200 67,600 2,600 1,900 20 7,300 2,100 500 7,700 4,200 6% 6% 111 112 177 177% 33% 33% *76 76 % 29 29'A 42% 42% 4,100 110 3,000 600 800 1,300 400 21 21 *25 25% *91 93 85% 86% 202% 202% 119 120% 51 51 , 25 92 85% 85% *193 205 118 118% 51 51% 600 40 16,400 100 1,400 1,600 . SALE PRICES Friday Sales for Mar. 22 Mar. 23 the Week 9 per share 9 per share Thursday Wednesday Mar. 21 < per thare 6% 6% 20% 800 23 *22 3,200 20% 20 20% 20 Shares 7 6% 6% 23 *22 23 20 400 1 40% *107% 109 12% 13 6% 7 108% 110% 179 179 32% 33'A *76 76% 28% 28% 42% 43 Va *20% 21 25 92 900 11,300 4 82 86 2% 2% 2% STOCK 3,400 86% 86% 87 87% 88 87 87% EXCHANGE 1,100 15% 16% 15% 15% 15% 15% 15% 15% CLOSED *75% *75% *42 •75 75% 42% 55% 55% 42% 55% •42% 7% 7% 7% •48% 49 32%, 33% 32% 2% 2% 56 56 76% 56% 43'A 42% 42% 76 7% 7% *48% 49 33 7% ■* 32% 2% 2% 2% 7% 7% *48% 32% 32% ' 42% 5,100 GOOD FRIDAY 200 2,400 7% 49 32% 7 7 *77 . 4,700 .. 1,100 7 81 7 100 56% 55% 49 3,800 76 81 80 17 16% 16% 17 17% 17% 17% 1,300 19 19 19% 19% 19% 1,750 6,000 16% 18% 22% 101% •16% *18% 18'A 9% 28 % 35 A 20% 15% 8% 35% 51 160 32 *J5% *7% 18% 19 21% 21% 21% 21% 21% 101% 100% 100 % *100% 14% 14% 14% 15 15 •85 88 11 10% 10% 10% 44% 45 44% 44% 44 *104% •104% 105 18 18% 18 , 18% 17% 8% 8% 28% 28% 35% 35% 20% 20% 20% 20 % 20% 15% 177% 14% 15 14% 15% ♦175 177% 51 72% 8% 34% 34% 50 50 72% 73% •158% 160 158 40% 136 . 32% 33% 35% •35 13 •12% 62 65 *175 8% 34% 51% 35 8% 8% 40% 136 40% •136 *50 73 73 159% 40% 157% *40% 136 138 52 73% 158% 41% 32% 33 33% 36 *35% 36'A 133% 132% 13 62 132% *12% 63% *131 133% 21% 133% 21% 21% 21% 21% 21% 155% 154% 154% 155% 154% 2ft r2ft 155'A 2 3*2 13 21% 155 64% 64% 64% 64% 143'A 142% 143% 140% 142% 60% 61 Vs 60% 60% 60% 60% 9% 119 9% 51% . 73% 2,700 157% 158% 420 40% 40% 73 30O 138 40 33 33 36% 36% 1,700 1,000 63% 21% 12% 100 65 900 133 300 21% 155 % 1,100 13,900 64 118% 118% 9% 9% *118% 119 64% 141 61V4 •118% 9% 9% 9 41% 41 64% 8,500 142% 670 61% 5,100 119 91/4 41% 10O 4,400 7,700, 41 40% 106 106 106% 106% 87% 87% 87 87 86% 86% 86 86 90 15% 15% 15% xl5 15% 15% 15% 15% 15% 81% ♦80% ♦80% 81V2 40 42% 105% 41% *106 41 % 107 40% 80% 82 106% 106% 330 80 5,400 83% 81% 81% 39% 40'A 39% 39% 39% 40% 40 401/4 15,300 40% 38% 38% 38% 37% 39'A 810 38% 37% 38% 27% ™ , d2 % 15 % 7% 43 49% 44 % 44 112 A 114 38 % . 28 27% 28 27% 27% 27% 27% 27% *107% 108% *107% 108% *106% 108% *106% 68% 69 69/ 70 70% 72'A 72'A 32 32% 31% 31% 32 32'A 321/4 34 15% *5% 15% 15% 15% *151/4 15% 7% 7% *7% ♦71/2 7% 2,900 108% 68% 49% 43% 113 50 44% 113 . 50 105,500 64% , 2,900 2,500 154% 142% *118% ^ 8'A *130 64% 9% 700 36% 12% „ 63% 133 143% 61% 3,300 12,400 47,900 *136 136 35% 61% 20% 15'A 177 »; ^ 37 8% *50 35% •12% 500 35% 33'A 13 20 ♦175 8% 35- 33% 63 100 2,100 28% *35% 14% 177 1,100 8% ' 35 8% 900 ' 18 8% 28% 35 % 20% •"' 8% 28% 35% 14% ' 104% x8% 28% •175 11 44% 104 '/a 18 35 % 100 11,800 15% 88 44% 105 17% 28% 40% 119 10% 11 44% 35 9 21% 101% 15% *85 28% *8% 21% 15% *104% 105 20 *100% < 21% 101 88 *85 88 *10% ' 139 *80 •100% *85 108% -21% 10 20 5 •22 20% 20 73% •/ 15% 40% 2,500 ' 76% 10% 63% *21% *30% 43% *95 180 7,000 7 *1751. 177 No par American Stores Co No oar American Stove Co_. No par American Sugar Refining com—100 7% preferred 100 American Sumatra Tobacco 5 American Tel & Tel Co 100 preferred American Steel Foundries 3 6% Jan *18% *8% 28 % 35 20j/« 14% 43 A non-cum 17% - . - 80 88 25 100 6% 15% 4 7 *104% 105 100 preferred 87 4% *38 17% 162% *54% 19,900 80 11 * 11 *44% 45% No par American Snuff Co common 35% 26,600 FRIDAY 7 *85 35% *50 Refg com 44% GOOD. * 80 15 —No par American Ship Building Co—No par Amer Smelt to *21% 30% 43% 40% t J *96 1,100 82 15 American Seating Co Feb 19 ,4 8A 66 % Jan Mar 15 80 15 % 1°% 21% *99 63 CLOSED 11 11%, 51%" 52 27% 28% *131. 134 3 . 3% 23% 23% . • 41% 100 10% 63% 22% 30% 44% 97% 44% 96 36 88 4% 40 17% 164 55% 16 84 % 17% 59% 15% ' 4,900 EXCHANGE 86% *48% 33% lV *96 *10% share 6% 23 *22% 7% 49 f per 6% *75% 76 40% Mar. 20 • per share 86 *84 STOCK ' 7 7 5 13 15 • 16 ' Tuesday Mar. 19 . 100 preferred 30 20 page 7% American Safety Razor Jan x31% Mar 15 43 No par American Power to Light No par Amer Rad to Std San'y com—No par 44% Feb Feb 55/2 43 % Natural Gas Co—No par American 15% 15% x40% 40% *107% 109 12% 12% 6% 7 108 108% 178 179 32% 32% 76 76% 28% 28% 42% 42% 207/e 207/a 25% 25% *91% 92 83% 85% *190 210 117 117% 51 51 Monday 6% 55% 43 7% 1 American Molasses Co 30% Jan 18 83% *190 10 10 1 American News Co 110 49% Dec 26 see 84% 21 210 / 2 Co 16 120% Oct 23 For footnotes 20% par par 100 ; Amer Metal Products American Woolen 87 Mar 14 26% Mar 15 11 7 91% 42% 2% 88% No par Metals 108% Feb 2 17% Dec 36 25 91 42% *20% 2% *87% 15% ]6 American Metal Co Ltd com_No par 3 ' 5 Amer Machine to 6 Mar 16 94% Jan 14% Mar 13 Nov 40% Dec 8 25 93% 42% ' American Water Works Co Inc 107 5 27% Mar 10 Mar 25% 28% J par par 1 10% Feb Mar 22 61 76% *28% 28% 22% 20% No par 6% non-cum preferred— 100 American International Cord-No par American Investment Co of III 1 American Locomotive common 1 7% preferred 100 Amer Mach to Fdry com No par 3.90% preferred — 100 46% Jail Mar 15 100 Jan 119 Vs Jan 10 46% Dec Apr 20 31 16 66% Feb 9 15 84 6 9 28 2ft Feb 26 154 25 xll7 Feb 68% Jan Mar 20 •104% Mar 21 64% Nov 27 Mar 23% Feb 23 121% Mar 28 3 2 19 38% Feb 15 10 11% Jan 136% Oct 5 13 56 32% Mar 15 18 38 Nov 24 12% Jan 11 35% Dec Feb 80% Feb Mar 15 64% Nov 16 7% Jan 26 2 117% Aug 17 21% Feb 28 Feb 7% Jan 1% Jan 62% July 26 146% Jun 30 15% Mar 17 2 16 11 9% Jan 44 76 75% *22% 20% American Ipe Cq common ' 185 v. 53% Dec 39% Mar 30 July 5 *157%Apr' 4 37%De<« 22 Jan 51% Mar 16 16 60 11 30% Feb 3 28 36% Jan 3 *12 x8% Mar 20 27% Jan 10 33% Mar 16 1 convertible preferred American Home products— 6%. 31 90 3 Mar 22 104 14% Jan 47% Dec 4 6% Jan 29 14%.Dec 9 Jan 34 13 Jan Jan 9 9 6% Jan $7 1 3 33% 50 Foreign mwov oom—No preferred—* No $7 2nd preferred A No $6 preferred No American Gels to Eleotric Co Amer to 51% Jan 29% Jan 23 34% Apr 16 50 7% Mar 15 Dec American European 56% Mar 22 42% Mar 19 8 Vs 3 46% Jun 30 25% Aug 3 6% Nay 13 78 Tiling Secur American Export Lines hie 9 4 4% Mar 23 3 32% 9 per thare 1 No par 40c American Encaustic 15 2 21 % Jan 24% Feb 2t» 12% July 12 64 Feb 23% Feb 5% Jan 24 2% July. 13 32% Saturday Mar. 17 STOCK Par Nov 24 - 177% 51% EXCHANGE 8% May 19 July 31 108% 177 % 4 , 76% ' 4 " 82 ' *83 76% 4% 82% *59 60 LOW AND HIGH $ perthare I per share 9 per share 5% July 13 64% Jan. NEW YORK Range Since Jan. 1 Highest Lowest Highest 18 107% STOCKS 1 Year 1950 • per than 108% 84% *190 "117 . Range for Previous Lowest 10 4%% 5 ' 171% Jan 111 ■ 6% 7 *91% 10 American Crystal Sugar com 2 71% Jan 76% Nov 13 Jan 90 7 No par Colortype Co American 18% Jan 27 12% 32"% 75% *28'A 42% 20% *24% No par Cable & Chicle Co American 23 97 8 preferred American Chain 109 12% 176% 176% 25 com—No par 100 American Car & Fdry 7% 108 1 41% 41 6% 12% 17% 17% 24 84 83 83 15% 15% 54% 15% *59 60 *108% 109 100 preferred 41% 109 12% 6% 100 1 American Can Co common Feb 23 13 32% Jan 19 40% Jan Mar 22 Jan 49 Mar 22 Jan 25% Dec 15% July 17 17% Jun 30 81% May 2 7% Mar 112 15% 54% 15% 17% 17% *59 165 165 166 83 *82 17% 15% 41% No par com preferred Cable & Radio Corp 185 28 Shoe Co convertible American 2 74% Mar 15 Brake Broadcasting Co Inc 2 18 51 4% 163% 167% 166 2 American Mar 15 27 preferred conv 5 6% Jan Feb 79 26 21% July 13 38% Dec 19 Amer 6 16 93% Jan 175 cum preferred American Bosch Corp 19 13% Mar 31% Mar 15 Oct 6% Jan 114 30% Nov 27 3%% common— American Bank Note common 44% Feb 8 10 17 35 Jun 22 Jan 39 108% Mar 22 14% Apr 21 8% Apr 21 3% Jan 90 y« 178 17% Jan Airlines American 7 Mar 61 22 14% Mar 15 14 101% Feb ' Jan 4 26 177% Feb Jan 4 ' 17% 2 57 4% 40 13% Jan 15 16% Jan 4% 86% 87'A *38 27 7 86% 4% *17% Dec 16 87% 4 23% *76 *95 36% 87 *35% 17% 14 26% Jan 36% 40 53% Nov 22 67% Jun 36% 17% 27 13 36% 40 27 14 % July 95 ,. 50 Amalgamated Jun 66 44% 94% 18% 15 Jan 44% 95 40 5 49 96 44% 94% 87% 1 96 44% *95% •, *95 97 44% 95 97% *17% 23 Feb 160% Jan 22% ' *38 Jan 19 9% Jun 40 - 10% Sugar Co (The) 1 Amerada Petroleum Corp„__No par 41 Jan 100' *97 ~ . - 40% *97 100 10% 10% 63 63% *21 22% 30% 30 % 43% 44% 39% 63% Amalgamated Leather Co com 6% convertible preferred 3 3 17% Mai' 21 40 *84 41% 3,600 27% *40 u - V 82% 83 86 *82 82% 10% Aluminium Limited Jan 102 4 " 86 40% No par Jan 5% Dec 82% *84 88 JNo par 35 40 83% 63 Allls-Chalmers Mfg 11 5 4% 64 100 Common_No par preferred 100 ,• 9 11 38% Jan Aug 16 4 10% preferred 9 Jan 30 July 4% 1 27%, L • 76% 4% 43% 81% July 12 3 23% *74% 3% 30% 96 36 3% *23% 76% 22% 93% Mar 15 98 3% 24 3% 24 30% 42 % Mar 15 • *75 v41% *22 28 134 76% 24 43% 20 63% May 31 *131 *21% 29 July 13 27% 28 134- •> 31% 20 conv 27% 50% 50% 50% 50% *131 44 Dec ,-3%% 28% ' 10% 10%' 50% 28% 27% 10% 27% 4,100 2,300 10% 11% ^ 50% 50% 27% 28% *1311 ~134 3% 3% 50% 10% Shares ' 50% 27%; 41 50%. 27.% the Week thare 5 " ' " *40%' v" J 103/4 44 30 28% 41 51 ., 30% .27% 51% 27% 28% * 29% ..27% 42 *40% ' 43 4%, 29% 5 Sale* fur I per tper share 43 % 5 27% 42 43% 97% 44% *94 36% 99% Dec 100 27% *30% 47% Jan Mar 20 27% 63 % -5 44 , 27% No par 28% Jun 27 93 27% 10% - Allied Stores 29% Corp common—No par Mills Allied 48% Jan 26 29 % 1 Allied Kid Co 23% Feb 32% Feb 42 % Mar 15 100 30 No par Chemical to Dye Allied * 29% 43% 5 51 ! *83 *84 .41 *97. " par Allen Industries Inc 5 Jan 22 60% Aug 24 100 par 43 % *39 =» Mar. 22 # per share 43 4% Friday Mar. 23 Thursday , Mar. 21 5 42% 5 52% *75 ' 4%' * l : . 5 58 11% May 27 1 Jan 2 85% Feb 21 ; 24 106 - Wednesday t per share 52% /. -*49%'28 5 4%% preferred ww Allegheny Corp common * 26% Dec 19 | 2 * 87% Jan 22 "Jan 68 74 100 2 I perthare 52 134 j, 100 " ".*131 3% 10 : i * 3 % Inc: Aldens : No par Alaska Juneau. Gold Mining—1 9 Feb , Alabama to Vicksburg Ry__. 19 > * 5% Dec $3 preferred VT5r__ 1 __50 42 52 28 10% - 1 Corp Affiliated Gas Equipment tsom Alr Reduction Inc 29 3% Jan 2 2 — Admiral - Mar- 7 131 19 2% Jan , 27% 1 *41 ' Express Co 1 :_Nopar Addressogruph-Multigraph Corp—10 Mar 22 Jan • 22% Jan 18 2% Jun 52 31 11- * 28 • 27% 10 Steel Co Adams-MHlis Corp ' 14 29% Feb 26* 11% Mar 22 : 47% Jan 5 18 j 56 % Feb ; "Jan 9 Jan 43- 50% Mar 22 3 3% Jan 23 8% Jan 42% Adams 28 % Mar 22 2 22% Jan 1 Feb 121 2% July 13 Acme 1 28% Nov 27 15% Mar 29 63% Not 42% * 43 5% 5% 29% 29% 2.50 ACF-Brill Motors Co 30 39% Jan ♦ 9 55% Mar 15 29 33% Jan 25% Jan 29 13% Mar 15 20% July 13 110 % Jan 5 , " 29 Feb 1453% Nov 15 39% Apr 17 [ -7% July. 26 6% Jan 2 27% Jan. 42 % 39% -July 14 17%Jan 30 25% Dec July 12 136% Dec 21 , a 4% Mar 15 * PRICES SALE Mar. 20 thare 9pen Laboratories Abbott 15 45% Feb 41"% Mar 15 21 Dec 6 1 - 19% Jan 18 54% Jan HIGH Tuesday Mar. 19 Par * It AND Monday Mar. 17 >• $ per share I per thare t pershare share EXCHANGE Lowest LOW ■ Saturday STOCK NEW YORK Range SinceJan. 1 Highest Year 1950 Lowest 13 (1281) The Commercial and Financial Chronicle .; 60 % 43% 112 8 *15% *7% 8 50% 50 50% 49% 49% 44% 43% 44% 44 44% 113 114 114% 113% 114 600 11,200 20O 100 900 21,100 380 14 (1282) The Commercial and Financial Chronicle NEW Range for Previous Lowest 7% Jan Range Since Jan. 1 Lowest Highest Highest t per share I per share I per share 13 11% Dec 13 91 Nov 39% July 26 100% Mar 13 53 Aug 10 69 Jan 28 10% Feb 2 86 NEW 20 12% Jan 9 Jan 2 92 Jan 3 56 Mar 17 107% July 31 14% Apr 18 117% Jun 8 19 »A Dec 27 18% Jan 11 8% July 13 12% Jan 9 4 97% Mar 21 112 104 Armour 12 $6 5 $3.75 117% Feb Mar 16 8 $4 19% Feb 13% Feb 16 11 26% Feb July 17 .28% Sep 27% Oct 28 21 19 27% Jan 2 33 % Feb 9 24 July 12 28% Oct 23 27% Jan 2 32% Feb 19% Jan 2 25 15 Mar 10 20% Sep 25 3 118 Oct 31 108% Jan 10 Apr 4 3°% July 12 100 % Jan 16 109 Oct 19 102% Jan 4 2 41% Jan 11 150% Jan Mar 98 103% Jan 59% Mar 152% Dec 27 *17% Dec 19 41 Jan Jan 113 2 Mar 22 3 50% Feb 26 25 177% Feb 3 115% Feb 12 28 68% Mar 15 82 Feb 7 18 83 93% Feb 27 Jun 27 36% Jan 24 99% Jan 5 22 V* July 13 25% NOV 24 28% Sep 40 18% Jan 105% Nov 27 Arvin 21% Mar 19 2 J an 4 Nov 6 92% Jan 18 75% Dec 18 x61% Jan 15 75% Jan 13 Mar 15 105% Jan 100 25% Jan 97 2 28% Feb 5 41% Jan 7% 11% 88% 89'A 88% 55'A 56 55 Associates Atlantic City Atlantic W 5% Line *18% 19% *11% 12 12 12 25% 25% 25% 29% 29% 29% 29% Cj Refining 110% 100 110% Co 10 21% 21% 71 100 105 Feb 15 116 27 7 30 Dec 27 110 31% Dec 2 July 6% Jun Dec Corp 5 13 28 9% Nov 17 Mar 15 Jan Jan 31 Jan 11 Atlas 10% Jan 15 Austin 10 Conv prior pref Autocar Co 2 26 14% Jun 29 16 Feb 28 5% Jun 29 11% Dec 20 10% July 11 5% Jan 3 14% Jan 12 12% Jan 3 9% Apr 18 7% Jan 10 37% Jan 4 53% Apr 16 Feb Mar 15 9 18 47 Jan 3 16% Jan • (voting) 119 29 8% Jan Common 11% Jan 19 13% Jan 11 8% Mar 51% Mar 10 1 8 4% 20 convertible pfd ser A Tack 100 ($1.20) *23% No par common 110% No par No par Corp Nichols *16 5c 110% 1,500 29% 29% 29 % 1,400 *29% 21% 21% 21% 21 % 112 160 9% 9% 8% 8% 300 161 162 111 % 2,400 112 110% 21 21 20% 21 70 70% 71% 71% 1,000 2,800 93 *90 98% *95% 98% *95% 67% 66% 67% 100% 101% 3,600 97% 67% 100 100 100 25% 2574 *90 25% 100 36% *36% 37% H'% *111% 9% *29 9% 30% 9% 17 *16 2,800 36% 800 J12 *29 9% 20 29% 100 9% 700 *9% 17 560 25 7a 36% *117 % 30% 100 7,500 102 25%- lii% fc16 *16 17 9% 9% *9% 10 9% 9% *1278 13 13% 127b 1274 13% 13% 300 8% 8% 8% 54,200 50% 300 8% 8 5uy« *49 10 49% 162 *111% 67 *29 9% 130 113% *48% *111% 9% 200 2,400 113 21 25% 17 13 49% 1,800 21% 113 70% 100 29% 13% 160 112 70 111% 9'% 49% 12% 30 *113 36% *110% 50% 113% 49% 100% *16 12% 113 93 29% *9% *111 *113 x20% 95 12% 113% €6% 9% V GOOD FRIDAY *95% 30 17 *49 25 % 29% *111 25% 8% 25% 29% 100% *12% Automatic Canteen Co of Amer—5 Avco Mfg Corp (The) common 3 $2.25 conv preferred No par 25% 29% *48% 37 *9% 12% 98% 25% 3,210 CLOSED 29% 67% 36% 190 EXCHANGE 19% 25% 66% 25% 114 *19 25% 158% 37 37 113% 19'A 29%' *95'A 102 *100% 25% Atlas Powder— 5 *93 98% 68 114 * 12 *113 71% 67% 1,500! 5,000. STOCK 21% 21% 72 *95% 25 98'/a 29% 162 100 98 *18% ; 111% *71% *93 100 common B 160 21% No par common—1 98% 25%- 48% 111% 40,800 55% 19% 111% 164 Shareg 29% 113% 110% Sales for the Week 11% 97% 98% Friday Mar. 23 $ per share 89% 55 18% 112 48% 11% 89 55% 114 21% 113% 49 *162% 100 i share 55 114' *11% • 111% 113% 55% 98% 30 21 111 *48% Monday,-March 26, 1951 ' 114 19% *29 21% *113 10 com RR series 30 21% 100 Lines Preferred $3.75 Atlas 25% 1 preferred— non-cum Atlantic 11% 99 *29 S per 89 % 114 100 Electric I SS 11 88 114 preferred Coast Atl G & 11 88 J« *98 common Investment non-cum 10% 83 55 99 2.50 Mar. 22 $ per share 55% *18% Thursday Mar. 21 89 % V 114 com_„1 . PRICES Wednesday $ per sn,are 11 % 10% 114 preferred—No par Topeka & Santa Fe 5% 11% *98 2nd preferred Atch 3 _5 No'par Refining Co conv Associated Dry Goods 6% 1st preferred Mar 10 35% Mar 14 Oil & I per share No par 5 Corp Carpet Co Inc cum f per share SALE Mar. 20 No pai preferred HIGH Tuesday Mar. 19 No par No pai Industries Inc $1.20 17 95 com com Constable Ashland 8 Nov 86 of Illinois AND Monday Mar. 17 prior preferred convertible Artloom 113% Mar 19 70% Dec 28 86 Feb 21% Jun 13 68 26 109% Jan 30 111 % Dec 30 Saturday preferred Arnold 10 9 Co <fc conv . RECORD LOW STOCK Armstrong Cork Co Jan 10% Jan 23% Jan 104 YORK Par 46% Jan 17 July 13 STOCK EXCHANGE $ per share 105% Nov 21 YORK STOCKS Year 1960 . *4J 8% 8 4„% H.o/4 4* 7a 50 400 B 10% Dec 15% Jan 25 11% Jan 30 Babbitt 15 % Jan 22 27 15% Aug 3 20% Dec 28 12% Mar 14 Jun Baldwin-Lima-Hamiiton 19% Jan 2 24% Jan 17 17% Jun 29 40 Baltimore & Ohio common— 38% Mar 15 45% Feb 26 9% July 9 5 17% Feb 28 3 Dec 28 Oct 11 10 13% Jan 21% Mar 14 74% Aug 17 68% Jan 59 Jan 39 20% Feb 19 14% Jan 3 8 Jan 17% Jan 26 37 2 Jan 2 16 74% Jan 2 35% Dec 27% Jan 10 61% Dec 30 73 Jan 15 23% Feb 63 Apr 12 39% July 13 15% July 12 28 10 3 43% Jan 31 9 30 25% July 26 13% Jan 9 28% Jan 9% Jun 10% Jan 2 12% Jan 17 29% Jun 29 34 % May 17 31% Jan 2 38 3 107 98 Feb 108 9 22 May 11 102 Mar 20 Jan Mar 8 Mar 8 15 % Max 25 34% Dec 29 30% Mar 13 37% Feb 74 90% Oct 21 79% Jan 87 Jan 3 3 21 Mar 14 4% (B T) Inc Bangor & Aroostook Convertible Barber Oil Barker Iron 1174 11% 11% 13% 13-8 ] *4 L>l/4 17,500 40% 20% 40% 20% 20% 39% 20% 40V4 40 25 500 40% 40'A 21% 21% *21% 4,000 50 3%% convertible Beaunit Beck Mills Shoe Inc S), 4%% Beech Aircraft Corp.. 8 pfd 35% *106% 107% *31% 32% 31% *85 88 1007 Belding-Heminway Beech 28% Dec 12 23% Mar 20 30 % Jan 6 Bell 4 19% Oct 18 17% Jan 2 23% Feb 9 Bell 10 100% Oct 5 92% Jan 30 94% Mar- 9 51% Mar 13 59% Feb 21% Jan 3 26% Mar 10 10 6 Creek RR Aircraft & Co Aviation 14 84% Jan 30 Jun 26 2% Jan 11 1% Jan 2 1 % Jan 8 31 % Oct 21 28% Jan 12 32% Feb Benguet Consol Mining Co__18 1 Best 39% May 26 33% Jan 22 28 48% Jan 2 37% Feb 60 Jan 30 28 149 % Jan 2 155% Feb 16 31% Apr 30% Jan 20 139% Jan 21 23 13 497/b Dec 156 July 13 9% Jan NOV 30% Nov 9 17% Jun 3 22 10 26% Jan ■■ 2 15% Jan ■ 25 V 5 34% Mar 7 16% Feb 1 & Best Foods 7% Bigelow-Sanford Carpet Birmingham -Electric Co $ per share NEW Highest f per share 19% Dec 15% Dec 13% Jan 4 18% Dec 8 22% Jan 3 41% Dec 39% Jan 25 22% Mar 25 35% Dec 33 Jan 24 39 60 Jan Feb 13 37 % Mar 12 39 Jan 11 44'A Jan 8 45 July 17 55 Feb 15 97% Apr 1 34% Mar 21 40 27 17% Mar 20 20% Jan 29 28 Blaw-Knox 15 17% Jan 16 Bliss (E Wf 21% Feb 6 Bliss x24% Jan 18% Jan 2 12% Jan' 9% Dec 3 16 Jan 15 19 Jan 17 12 Jan Jan 12 50 73% May 26 60% Jan' Dec 56 5 9 51% Nov 16 102 12 16% Mar 13 17% Oct ; 27 96 Jan 2 52 2 31 Jan 103% Jan- Black <fc Decker 8 45% Jan 7% Feb 14 27 20 Jun 7% Mar 10 Bohn Bon 13% Dec 27 12 % Jan 10 32% Jan 23% Jan 3 26 15'A Nov 27 13% Jan 9 29% Feb 2 Feb 36% Jun 29 % May 19- 27% Jan 3 34 % Mar 31% Dec 28 30% Jan 2 105% Jan 35% Jan 18 20 29% Jan 103 2 Feb 26 44% May 17 38% Feb 48% Sep 53 50% Mar 105% Jan 9 2 10 July 12 36% Mar 100 26 Feb Jun 14 14'A Oct 24 11% Jan 2 58 49 16 104 18% July 14 15% July 17 121% Jun 26 Nov 24 July 10 25% Feb 11 21% Dec 126 28 Jun 1 1 34% Marl6 23 31% July 13 14 16% Mar 25% July 14 12 20 14% Mar 22 36 27% July 13 Apr 9 17 17 41% Mar 22 53% Feb 16 Feb 6 103% Mar 20 Jan 2 23% Jan 20% Mar 15 Feb Common 23 % Mar 6 125 % Feb 1 29 6 12% Jan 3 18% Jun 12 26 16% Jan 7% 2 3 97 % Oct 25 18% Jan' 24 Budd 84% Mar 13 4 40 Oct 20 91% Jan' 2 39% Jan 30% Dec 18 26 38 % Oct 21 38% Jart- 30% Dec 28 29% Jan 27 31% July 3 17% Mar 30 91 July 82% Jan 3 18 12% July 13 8 Mar 31 108% July 12 8% July 12 69% Mar 3% Jan xl7 7 10% Dec 127 100 Dec 1 x21 Apr 26 5 Oct 27 24 45% Jan 19 30% Feb 23 12 % Jan 24% Jan 5 105% Jan 24 27 Oct 5 7% Mar 15 22% Jan 101% Jan 24- Jan 5 29 132 10 13 28 Feb 1474 Jan 29 83% Jan Oct 8% Dec 27 31 26 18 10% Jan 19 88 Jan 87% Feb Mar 15% Feb ' 88 Feb .9 9 13 9% Jan 9 2 28% Jan 29 8 107% Feb 8 3 31% Mar- 7 25 5% Feb 10 17% Jun 8% Jan 2 27 26% Dec 21 1074 Jan 9 25 8 8% July 13 84 40 July 14 Jan 12'/8 Feb 106 Feb 24 28 Mar 15 11% Jan 100 Jan 5 5 5 43% Oct 9 15% Nov 30 41% Jan 2 21% Dec 11 15% Jan 4 2 13% Mar 30 22% Dec 20 21% Jan 43% Apr 60 Dec 20 Dec 12 55% Mar 15 17% Jan 2 3 14% July 13 62 Sep 14 8% Jan 13 14 July 26 For 19 57% May 15 14% Dec 28 54 20% May 16 footnotes see page 1 24. Jan 18 12% Jan 10 Jan 1 Byers Co 7% ( Thursday Mar; 21 S per share Friday Sales for Mar. 23 Mar. 22. i 9 per share the Week , S per share I per share Shares 35 34% 34% 34% 34 I/a *333/8 17% 333/4 18% 17% 17% 17% 18 17% 17% 151/2 )53/8 3?% 4,200 15% 15% 1^3/, 15% 2,800 200 19% 19% STOCK 48% EXCHANGE 35% 39% *39 39% ■ 39 39% 39% 39% 39% 13% 12% 13% 12% 13% 13 13 163A 16% 16% 16% 16% 163/4 11% 16% 11% 16 3/4 2,300 39% 13% 17 1134 ; 39 14 *13%, . 1,400 14,400 CLOSED *11% 11% 11 11% 50%, 503A 50% 11 % 50% 50% 50% 69% 50% 50% 50 68% 69 68% 68% 70 69% 270 2,500 50% 68 180 GOOD FRIDAY 70% 69% *96 98 *96 98 96 16% 16% 50 *27 96 *95 161/2 *163/8 16% 16% 49% *49 481/4 48% *48% 98 16% 49:. *95 16% *48 3A 11 % 2,200 2,500 5,700 . 98 50 16% 700 49 700 27% 26% 263A *26% 27% 26% 27 13% 1374 13% 273/8 27 3/4 13% 13% 900 13% 13% 32% 33% 14% 14% 14% 321% 31% 32 14,900 313/a 31% 31%- 32 14% 14%* 1,070 15 32% 15% , 15 15 34% ' 34% 34% 3474 *33% 34 331/4 333/4 32% 33 V *33 31% 3074 31 3/B 303/4 30% 103% , " 31% *103 1033A *50 12 *50 51 5iy2 103 *21% 125 17 121/4 *50 22 21% *122 17 84%' 52 *102% 213/4 *122 40% 12% 103 22 103 *50 12% *21% r; 40 52 *102% pax 103 39% 39% 84% 1674 84'A 41% X33% *102 40 *50% 12% *50% *1021% 84% 413/4 84% *40 1,000 31% 31% 103 1,800 50' 50% *102% 22 *40 6,600 31 12% 51% 21%' 16% 3,600 33 401/2 103 22 *122 15 3374 33 *503/4 21% 17 1434 33% 33% 103 12% 21% 125 147s 33% 31 40%52 '"*■ 213/4 • 14% 33% 33% 21% "■/ 21% 125 123 17% S; 17 84% 85 41% 41% 52 12% 50% 103 21% 22% 123 103 41% *50% 12% *50 *102% 213/4 103 41% 3,400 52 1274 5,400 51 100 103 22% 600 21% 22% *123 % 124% 10 173/8 13,700 17% 17 85 86 . 86 *40% 413/4 40% 3,900 1,500 27 27 27 271/4 263A 26% 40% 100 43 26% 26% 43 42% 26% 42% *423/4 27% 43% 423A 423/4 1,700 35 35% 34% 35 *42% 43% 400 r-iUO *97 98% 100 *87 90 163/4, 130 preferred__100 15 & ! Zinc' A M) common 5 Co 8% No par 90 163A 16% 14 14% 13% 130 13% 13% 87 *86% 8% *30 8 *26% 130 13% 87 8% 26% 130 13% 16% 13% 26% *106% 29% 97 *87 90 13% 8% 30 96 90 130 8% 108 98 16'A 130 86'% 293/4 343/4 98 ~ 13% 86% *106% 30% 34% *87 98% *87 16% 27% 27% *106%. 108 * No par *98 130 *863/4. 343/4 98 90 14 13% 100 34% 98 *87 17 14 par J common. Jackson PRICES Wednesday 473/8 participating preferred—_100 Byron SALE 1 common preferred Copper HIGH 35 No par Inc Co Bush Term Bldg 7% Butte 100: V • 5 ' — Bros ' 19% *40 preferred 4%% 1,600 17 35% 1 Terminal Butler 300 34% *15% 47% 100 Burroughs Adding' Machine.^No Bush AND . 151% 34'% 15% 19% 5 Co_. preferred 3%% ; 151% 33% 15% 16% 1378 130 16% 133A *128 3474' 70 10,900 1374 1,400 130 13% 13% 87 87 130 133/4 87 87 8% 8% 26% 27 *106% 108 29% 14,500- 16% 13% 26% 108 34 8% *26 3A 107 6,000 390 8% 2,900 27% 1,200 107 10: 2 9 3/4 293A 29% 29% 1,800 61 61% 62 62% 2,000 C 30 3% Jan 28 58% Dec 19 3% Dec 29 8% Dec 28 56% Jan Feb 1% Feb 4 4°!o 152 33% 16% 46% 15 ; Bulova 100 152 33%- 35 No par common Burlington Mills Corp 2 155 900 20% 1 i 19 15 31,100 35 40 ; common 24 Jan 1,300 55% 47% 100'. 38% Feb 13% Jan 37% 54% 20 15 preferred— Co 37% 55% 343/4 — Watch 29% 37% 53% 46% No par com, 47% Feb 84 123% Jan Bullard 29% 37% 20% 5 2 Mar 22 10,100 30 36 Co common.....No pax —No par Buffalo Forge 3,300 1% 30 47% 100 preferred— (The) 26 82 1% 35% 11% T preteneu'- preferred *81 46% 1 10 96 15% Nov 25 13 July 12 34% Feb 100% Aug 17 92% July 25 15% May 3 2 Mar 14 $5 25% 7 1% 7,600 54 33% RR— Co 25% 82 500 53 3574 Inc__-1.25 Brunswick-Balke-Collender_„No Erie 52% 48% common Bieeiow oo.oO : 47 16% preferred Bucyrus 97 ' 35% No par Inc *92 97 52% 400 •' Airways Inc ___2.50 Erewing Corp of America 1 15 Bridgeport Brass Co ___No par Briggs Manufacturing Corp__No par Briggs & Stratton No par Bristol-Myers Co commqn.g$_ 2.50 Co 20 15% Braniff conv 24 % 20 20 *49% cum 24% 15 54 ,j 5% preferred "when issued"_100 Bower Roller Bearing Co 5 5% *18V2 5 Club Brooklyn Union Gas 800 18% 24% 20 20% v 16% 33/4% 1,200 15% "when issuetj"—100 74% Jan Jun new *34 606 32% 18% 20%* 1 Maine Brown Shoe 101 123 & 9 per share 11% 3'i 32 35% 5 (The;.. ■"-nwn 2 1 2.50 Inc Corp preferred 3 % % 13% Feb: 16 Jan 18% Brass Book-of-the-Month 56 Mar 13 35'4 No par Stores I per share 88 11'A *34 37% *151% ..-AM if .=1 f.v *86 11% 35% 1,000 2,400 30 :;*i5 . *35 88 1% Mar. 20 18% Class B Bond 34% Jan 17 \ 16% 25% *81 1% Tuesday *34% A Borg-Warner 53 % Feb 5 & class Co 25%v Monday No par * Aluminum Ami Borden: Co 8 23 % Mar 24 100 34 7*15 52% 82 53% 331/2 ; *92 52% Mai*. 19 —No par Co 9 8 19% Jan 9 24% Jan 25% Oct 23 Mfg Co Laughlin Inc^ Boeing Airplane Co Boston 9 16% 24% 97 : Mar. 17 Co 4 71% Mar' Mar 20 15% Jan* 22% Dec 54% 155 *18% *19% Saturday & Mar 15 Jan 18% *37 53Va *151% 32 ■v/- 23% 1% P.-Mk)W STOCK Par 27 34% Oct 24 YORK $ per share 11% Jun 11% Dec 37% 37% 11% *34 20 30 t EXCHANGE , 25% Apr 26 13% Jun 27 12% July 13 8% Dec 20 301% 33% *86 11% *81 *2974 //' Lowest 88 25% 82 ' '■■■■ Range Since Jan. I Highest 29 25% 1% 54% *15 31% 52 1% 155 33% No par 25% *81 STOCKS Year 1950 Dec *151% No par 52% 30% Z4 100 31% 23% 1% 37 par 107% *92 52 82 *106% 31% 18% "97 *92 3,200 35% 1071/2 20 25% 2,100 ll7/8 " 30% 32% 241% 39 22% *106'A 32 21 600 11% 31% ■? 34% 24 22% 107% 11% 21/ 53 VA 37 1 (Del) com—No preferred Range for Previous Lowest *37% . 351/2 *86 32% 1% " 9 per share 39 35% *34 18% 25% *29% 30% 11% 321/4 20% *80% *106% >7 35% 35% 18% 527a 1 Bethlehem Steel 88 11% 97 pesos Co ■ i *37 % 35% 31% *34 25 20% 5 35% 19 *92 Beneficial Indus Loan common—10 Cum pfd $3.25 ser of 1946_No par Dec 80% Jan 39 32% 25 1 10 1 23 32% *1872 100 — 79 Feb *37% 1,600 103 *85 34% 10 common 35 11% *34 1 preferred Bendix 11% 50 Co Corp— Howell 4%% 1 t -. Packing 25 % July 14 90 21% 40 *106% 2.50 common 35% 100 preferred (A 19% Mar 18 *211/8 22% 4 53% Dec 21% ll7/8 17% Jan 26% May 20% 11% Beech-Nut 13 21% 700 22% 3 July 27 66% 11%- 15 34% Jan 66'A 22% Feb 20 V* 65% 11% 35 Feb 65 22 33% Jan 12% Jan 130 65 1174 30 *B5 *64 '•. x21% 23% 31 18% Oct 23 71% 11% 33% Jan 1 71% 22% 30% Jan 3 71 117'a 6 12% Feb 22'A 71 23% 5 13% Jan *21% 71% 11% 32% Feb 9 *38% > 40 -;r *71 71% 23% 34% Jan i 40 40% 22 1,400 22 21% *38 22% • 65 65 22% *71 1 7 13% Jan 217a 71% 67 22% 50 — 22% *69% *66 10 Corp Inc. 12 10% Mar 13 *22% 100 Works Cigars July 13 18 11% 13% 20% 40 % No par Bayuk 7% Feb 13% Dec 11% 13% 20% Beatrice Foods Co common.^.. 12.50 29% Jan 28 11% 13% 21 common — 12 U- 13% 20% common preferred preferred 12 13% 21% (Delaware)—10 Brothers 4%% Bath 5% Corp 12% 13% 20% .100 preferred non-cum 12 1 13 J001 Corp 2 66 Mar 7 29% Jan 10 13% Jan 19 108 % Mar 48 Feb 6 14 California Packing common—No par 59% 59% 374 3% 33A 3% 33/4 3% 91/4 33/4 9% 9% 33A 9% 3% 93/a 9% 9% 93/a 9% 26% 253A 26% Calumet & Hecla Cons $4.25 conv preferredCanada Southern Ry Co 19% Feb 13 Canadian Breweries Ltd 13 Canadian Pacific Feb 16 2234 Feb 5 5534 Mar 7 163/4 Mar 21 19% Feb 23 60% 33A 91/4 Zinc-Lead 29% Feb 61 601/4 1 Copper 5 Campbell W & C Foundry No par Canada Dry Ginger Ale com__1.66% Callahan Cannon $3 1 12% No par *106 100 *44 26 123/4 ' 107% "45 , 26 26 12% ■' 12 7 8 105 ■ 106 *44 45 26 12% *105% *44" No par *17% 18% 18% 18% 25 25% 26% 25% 26V8 No par 253/a *54% 56% 191/2 *55 56V2 *5434 55% *55 Ry Mills Capital Admin class *25% 60 A preferred A— Capital Airlines Inc Carey (Philip) Mfg Co common 1 *18% 10 *55 1 16 10 18% . 16% 18% 19% 15% 18% 18% 60% 26 26 12% 45 ' 123/4 13 '105% 107 107 123/4 105 f 45 *44 45 18% *17% 18% 25% 25% 26% 25% 56% *543/4 *543A 26% 19% *18% 19% *19% 19% 14 V, *54% 55% *54% 55% 15% *54% 15% 16% 16% 16 3/4 1674 17% 18 5/8 18% 183A 18% 18% 18 3/a , 540 10 300 36,200 57 551% 18% 13,500 , 18% 57 1,100 13 105% 45 18'A 9,800 6,800 19% 200 55 34,500 3,800 [Volume 173 Number 4997 . . The Commercial and Financial Chronicle . NEW Year 1950 102 I Jan Range Since Lowest Highest $ per share tper share . YORK Jan. 1 NEW $ per share $ per share Saturday [ . 11 110% July 13 Jan 3 Carolina Clinch & Ohio Ry 34% Mar 16 30% Jan 29 33% Mar 8 Carolina Power 50% Dec 28 47% Jan 25 53 % Mar 2 Carpenter 21% May 20 39% May 18 10% Jun 16 18% Jan 2 25 9 Carrier 5 40%« Mar 9 11 Mar'16 Carriers 64% Feb Case 107 110% Mar 12 & " 3 15 % July 13 33 % Dec :■ 19 x7% Mar 13 35% July 13 140 56% Nov : Jan 3 32% Jan 27 55 103 % Dec 22 106 156 29% Mar 21 3 130% Jan 141 21 Jan 10 17% Apr 18 10 56% Feb 19 106% Jan 31 147% Mar 21 11% Apr 43% Jan 18% Jan 32 20% Feb 13 Central 8% Jan 2 10% Jan 18 Central Aguirre Sugar Foundry Co Central of \ Celotex 5 5% 4 Jan 3 17% Dec 26 16'A Jan 25 24% Feb 23 Jan 3 39% Dec 26 39% Jan 3 57% Feb 23 8% July 13 10% Mar 29 July 13 110% Feb 38% Feb 3 32% Jan 2 109 5 35 % Feb 4 6 15 112 % Feb Mar 20 9 113 Feb 8% July 17 27 Dec 20 23% Jan 29 29 Mar 2 9% Jun 26% Dec 20 23 25 28% Mar 2 12 27 July 27 12% Jan ' 27 16% Mar 13% Jan 1 Feb 2 8% Jan " 2 9 1 11% Jan 34% Dec 28 33 % Jan 25 39% Mar 18% Apr 29 30% Jan 3 49 Dec 29 98 " Jan 5 107 Dec 6% Dec 8 10% Jun 2 1 32% Oct 24 Dec 18 5 21%.Jan 25 27 Feb 13 12% Jan 9 17 8 Feb 9 13 32% Dec 11 25'A Mar 13 33 % Jan 9 3 37% Dec 14 34% Jan 38% Feb 2 7% Jan 3 16% Dec 21 4 Jan 5 10% Dec 30 .. 7% Jan 13 23% Dec 28 . 27% Mar 30 11 26% Jun 30 43 Dec 53% Jan 17 36% Jun 27 77 Jan 16 ' Feb 9 28% Mar 3 9 26 40% Mar 13 54% Feb 5 62% Dec 28 59 64 Feb 53 % Dec 20 50% Jan 25 59% Feb 9 87% Jan 94 11% July 26 13% Jan 4 13% Apr 19 19 Sep 11 > 3 Chic Ind Class Chic $3 Conv Chickasha 3 86"% Dec 22 83 Jan 95 Feb 8 29% July 19 44 Dec 19 40 .Feb 50 Feb 13 62% July 13 84% Oct 9 8 80 % Mar 68% Jan 1 Childs 34% Feb 413/4 Dec 109 % Mar 36 % Dec I per share 24 4 31% Jan 104 29 15 8% Nov 20 Jan 82 3 435/8 Jan 8% Jan 383/a July 26 18 21% Jan 26 ,100% Feb 23 Dec~29 39 Jan Sep 19 155 32% Man 7 25 53 % Feb 14 Feb 5 88% Feb 8 42 % Jan 4 4 6 3/4 Feb 5 112% Mar 4 4%% 109 155 Clark Jan 16 111 26 36 Mar 10 Jan $4.50 5 74 Jan 31 28 403A Jan 2 44% Feb 5 Mar 15 333A Feb 5 335/8 Mar' 9 43 Mar 14 28 373A Mar 15 112% Mar 16 5% Jan 30% Jan' 2 Mar 6 106 5 34% Dec 26 4 Jan 109 % Jan 143 Feb 18 133 92 Dec 28 88 Jan 3 Oct 50% Nov 24 101% May 22 Oct Mar Cleve & 8 138 Jan 117% Jan 94% Jan 19 132 2 Jan 10 2 55% Feb 94 % Mar 20 100% Feb 5 19% Mar 15 23% Jan 29 46% Jan 10 23% Oct 2 263/s Feb 3 245/a Nov 24 24 Jan 2 32% Feb 373A Dec 21 36 Jan 10 61 Mar 19 16% Jan 13 41% Dec 21 37% Jan 8 56 Feb 6 19% Jan 38% Dec 21 35 % Jan 9 255/8 July 11 40% Oct 11 28'A Jan 2 25 July 12 40 Oct 11 11 July 26 13 14% Oct 13 12 Jan 723A Oct 24 623/a Jan 5 30% Jun 29 433A Dec 28 40 12'% Jan 5,300 25% 24% 25% 243/4 25% 24% 25% 24% 24% 3,900 14% 15 14% 14%* 14% 14% 143/a 143/4 145/8 143/4 5,600 25% 25% 26% 26% 26% 263/4 263A 271/4 *26% 27% 2,600- 35% 35% 35 35% 15% 15% 1,700 12 12 2,500 27% 27% 27% 273/8 26% 27% 27% 27% 27% 273/8 47 *351/2 47% 47 47% 47% 47% 47% 473/4 47% 25% 24% 253/8 24% 25 243A 25 24% 47% 48 47% 47% 47% 47% 471/4 473A 41% 41% *41% 42 41% 41% 415/8 415/s *413A 42 63 *60% 63 *60% 62% 61% 61% *60 64% *61 53"% 90 '90 54%'*: 54 90 54% 53"% p 100 > 90 91 *12% 13 12% 12% *12% 18 *17% 18% 17% 6% 6% 6% 6% 88% 89 78 *43 78% 46 77% L Corp 1N0 par Mar 20 22% Mar 10 2 45% Jan 45% Jan 8 54 23 Feb Columbian Carbon Columbus & So 2 95/8 Jan 2 11% Feb 3 2 27% Feb 9 X293A Mar 13 353/a Jan 20 3 6 6 7% Dec 28 33/8 Feb 15 26 y8 July 12 1093/a Mar 18 30 Mar Commercial Credit 19% 19% 19% 19% FRIDAY 94% 94% 94 95 410 40% *39 40 40 40 40 40 600 175 *155 165 92 *87 • 175 *150 *87 92 *87 46% 46 46 110% 110 34% 34% 73% *72% 44 44 44 29% 29% 30% 29% , *110 110%> 453A 46% 1103% *110 800 900 92 1,600 46 110% 190 GOO 35 34% 35 *34% 35% 73% 72% 72% *72% 73% *44 30% ' 45 44 30% 50 % 44 31% 30 31% 11,800 1,600 33% 33% 33% 1073/4 107% 107'A 130 4% 4% 4% 4% *4% 43/a 43/8 43/8 2,700 33% 33% 33% 33% 33% 33% 333% 33% 1,900 1347% 134% 134% *134% > *88 33% *107 *133 88% 120 , 33% 1073/4 88% 120% *107 88% 119 *900 *900 51 33% „ 45% 32% 33% *107 107% 881/4 119% 119 *900 — 51%, 51% 51% 51% 136 — 10 *134%135% 89% 89% 118 119 *900 51% 51% 300 89% 1,100- 118 — 2,900 51% 40 94 *92 94 20% *19% 20 21% 21% 21% 21% 16,200 26% 27% 20%- 271A 5,700 95 19% 20% 21% 21% 21% 21% 26% 263/4 i 26% 26% 59% 61 59 59% 57% 583/4 58'A 990 53 55 54% 55% 55 55 55 55% 1,830 543/4 30% > 94% 53 54 *53 54 52% 53 53 53% 760 293A 30 30 30 29% 303/4 30% 31% 5,700 28% 29 28 3A 29% 29% 29% 29% 30% 3,100 133/4 13% *94% , 13% 133/4 13% 13 *92 19% 13% 13% 13 13 65 3A 653A *65 40% 40% 40 13% *57% 13% 133/4 ~T 40% 22%. /•- 13 *65 07 13% 68 13 *65 900 23,700 133/4 13% 68 „ 1. ■ •• - 1,700 100 40% 41 40% 40% 1,200 X21% 22 213A 213A 3,700 44% 223/8 22% 22% 22% 44 % 44 3A 44 447% 44% 44% 44% 44% 10 52% 52% 51% 52 51% 51% ' 51% 513/4 513A 52 253/8 24 3A 25 24 3A 25% 24% 243/4 243/a 24% 293/a 293/a 293A 29% 29% 29% 293/4 29 % 293A Co Solvents No par Edison Co 25 29% 25 - 93/4 Fpb 10 27 Consol Edison of N Y com 106% Jan 4 preferred No par -No par ; „• *10% 10% 253/a 25% 30% , 30% 8% 9 31% 313/a *1073A 108% Nast 31% Feb $5 19% 94 3 Elec Co Congoleum-Nairn Inc - GOOD 19% 94 No par Ohio Inc 2 108% Mar 21 31% 20 22% 25 7%' Jan 30 *303A 2,500 Engineering Superheater Conde 31% 9,200 CLOSED 94 20 67 40% Jan Jan 31 EXCHANGE 4,400 95% 13% ,*12% *64% *40 % No par *89 31% 94 • 54% *30 Publishing Co—No par No par Consolidated Cigar No par Consolidated Coppermines Corp 5 23 335/8 May 19 106% July 19 27% Feb Co 9% 170 1,700 STOCK 20 No par Inc 88% 9% ; 94 *43% *51%= 52 " *94% 95% 20% 203/a >" 21% 213/4 26% '26% 58% 59 29% common—No par 87% 9% 9% *72% 107% 4% 4% 33% 33% *133 135 .*88% .,89% 54 51% 88% 86% *89 34% *107 1 513/8 110% *43% 44 29% .29%. 32% ! 33 29% $4.25 cum preferred w w—No par Commonwealth 8 275/a Jan Feb 40% 2.50 Class B 3 22% Jan 100 100 33% ,50% •3,800 35% 1053/4 33% Shares share 95% ; 39% 109% 109% 34% *72% 735/8 20 System 303A the Week t per *19% *34 No par 1st preferred 2nd preferred non-cum 31 Sales for *94%' , *150 100 343/4 1053/4 9% 92 No par 343A 106 Ve 87% 175 100 34% 9% 46 1 ' pfd I per share *105% 86% *89 *87 Columbia Broad Sys Inc cl A—2.50 9 18 41 common.l Mar. 22 t per share 34% Friday Mar. 23 Thursday Mar. 21 106 530 23,900 79% PRICES 50% *150 50 785/e Wednesday 50% 46 50 46 50% 92 No par preferred Commercial 33 % Mar 16 25% July 13 gtd- 7% *43 79% 50% 46 1 SALE 88 46 78% *87% 50% 175 " HIGH 87% 33% *87 Colorado & Southern Ry com—_100 Combustion 1 303A 100 63/4 61/2 33 9% 200 2,600 63A 32% 873/4 800 91 173/4 32 3A 94 100 4,100 54% 12 3/4 33% *150 Colo Fuel & Iron Corp com—No par- 29 67 3/a Jun *9% 34% 54% *90 12 3A *43 f per share 100 Collins & Aikman Corp Pictures 6 87 *89 __ 4% 78% 106 500 *17% 87 453A 100 Colgate-Palmolive-Peet com__Nopar $3.50 preferred No par Gas 2 30% Feb *39% 20 - 50 883/8 * 9% 9% 100 *89 ' 94 __No par 31 * 31 5 19% 19% 100-.- *94 96 100 Columbia 463/4 Jan 33 5 1 Columbia 19% Jan 11% Feb Inc 3 37% Jan 8% July 18 88 10 Co 9 6 20% July 12 10 No par 13% Mar 22% Mar 24% Nov *106 107 33% 33 "A 50 % 50% 100 343%, •. 18 6% 88 78 106% 2,100 . 13 63A Mat'. 20 106 6,200 *17% f Tuesday 34% *34% < 34% . - . *12% 17 % *43 78% « per share I per share 8.50 91 Mar. 19 Mar. 17 preferred non-cum -6%; 54% 91 Monday Saturday • Corp conv .. 87% 88% 88 47 ' *43 / 54% 13 9,200 - ' 54 91% *171/2 V 23,100 , 25 48% 2,400 48% 25% -48% 120 653/4 Mar 19 38% Nov 30 ' 19% 120 4% 89 123/a Elec com_ 14% Feb 2 18% Nov 14 :1 19% *900 27 24% Apr 26 43% Dec 18 5 20 No par 24 315/a Mar 22 10 July 11 12 20 No par 543/4 Mar 17 31% Jan 27% Mar 13 14% Apr 8 155/8 July 19% LOW AND conv cum cum 5% 100 89 19% 2nd preferred (The) com 3 13 11,500 *88 20 89 *88 34% 89 20 15 6/8 preferred 4% 33% 341/4 80 700 7% 333/4 *33 *88 Coca-Cola Co 3 12 7% 73A 333/4 33% 102 36% > STOCK*' Pitts RR Foods 7% 16 33% 1,300 101 % 9,700 25% 100 Cluett Peabody & Co com 15 26% Dec 33% *88 700 51% 12 Special gtd 4% stockMolybdenums 4%% 73/4 173/a 36% 88 25 27 Jan 57 34 17 'A *50 100% *33 600 400 5,400 , 36% 173/a 50% 100% 73A 35% 37 50 34% • 35% 13,600 V 20% 25 36% Feb 16 10 3/a Dec 33% 17 *36% 101 % 73/4 *33 35% 34% 10 19% 100 ; Clopay 16% Feb 13 8 34% *33 " 101% 1 17 14% Mar 30 15% Jan 102 *7% 8 Coca-Cola Internatl Corp Jan 34% 14% 22% 10 15% Cleve Graph Bronze Co common 27 27 22 101 10 Feb 5 2 323/4 Mar 15 165 21 33% 14% 22% 10 10 15% preferred Clinton 293A Dec 3 143/a July 17 34 % 34% 143/4 23 14% *223A U3A Climax 4 373/8 July 17 10 88 Cleve Elec Illuminating com__No par 8 Nov 1004 14% 23 10 __Nopar preferred conv non-cum Jan Jan 18 143/4 23 103/8 153/8 Equipment Co 5% 72 946 15 22% *9% 11% C C C & St Louis Ry Co com IT J Z 14% 22% 10% 12 J City Products Corp City Stores Co 30% Jan 703/s July 17 7 1123A Dec 300 14% *73% Co__No par City Investing Co common 5%% preferred 1 29 123/a Jan 134% July 27 800 26% 15% V 4% 31% Dec Mar 27 263/a *25% 12 Oil Cincinnati Gas & 21 37 Dec 24 5 73 95 Jan 13 Nov 3 Dec 93 Feb 3% July 11 *253/4 26% 109% 151/2 preferred Chile Copper Co Chrysler Corp 15 623A Jan 22 18 16 " 263/4 26% 35% Cities Service Co_d 11% Jan 84 % Jan 29% July 17 99% July 12 26 3% 263A 12% 9 92% Mar 3 47% May Sep 6 235/8 July 13 & 26% ♦109 109 110 109% *26 *26% 22% 34% 109 109 26 26 3A 26 *26% 14% 341/2 600 900 . 16 C IT Financial 18 : 26 % 26% 333/4 3,100 36% 3 52 % Man Mar 16 87- X108 < • 8 18% Jan 40% 109% *109 109% 335/8 34 1,200 1 12 preferred —. : Cincinnati Milling Machine Co 29% Jan 150 33% 93A 16 9 Mar 15 94 l 33% 50% 93A 25 37% Jan 9 34 Mar 30 33% 20 3A 50% *35% 26 Jan 20"% Jun Jun 343/8 20 3A 9% 4,000 36 Feb 90 19 72 *33% *10 Per May 12 16 ' Mar 11 33% 22% 5 93/4 93A 200 93A 51 93A 4,100 • 2,100 95/8 215/8 21% *49 9% 26 100 ; EXCHANGE 353/a Man 9 107 20 93A 26% P_____No par Cab Cotton NEW YORK 93 16% Feb 138 \ .85% Mar 14 283/a Dec 24 3 29 20. 9% *109 , l f per share 32% Mar 15 68% Mar 22 ~6% Jun"30 Jan 19% 9% 9% STOCKS share 17% 17% 33 % 5 Co common Lowest 18% 173/a *9% 50 5%% Range Since Jan. 1; Highest Year 1950 Highest 27% July 26 51 preference__No par Yellow Range for Previous Lowest 103 % July 3 26 Jan 24 & preferred series A Chicago 8% Feb * Paul Chic Rock Is & Pac RR 16 45% Jan per St convertible 16 22 $ 21% 50% Ry Co cl A Series A preferred Jan 7% Jun t per share 21% 52 173/4 19% 22% 110 1493/4 ♦149 17% *17% 20 *51 Chicago & North West com__No par 5% preferred 100 Chicago Pneumat Tool com__No par 13 . 193/4 3,800 No par Milw 19% Jan 6% Jan 20%' 20 20 *21% preferred. & Louisv Mar t 1473/4 17% 17% 52% B Jan 14 V Co convertible 12 3% Feb ; Belt 17 ; 147 18% *17 22% Chicago Corp (The) 1 Chicago Great West Ry Co com__50 5% preferred 50 % Feb », 9 i. 88% Mar 17 July 12 147% 17% 173/8 52'A. Pasco 3%% 6 23 *147 18% 22% Chic & East 111 RR Co com__No par Class A 40 9 59% Feb52% Feb Jan 147 17% *17 800 9% Corp of Virginia 5 Chesapeake & Ohio Ry common__25 5 42% Jan 10 3 147 18 17% 104% 34% 18 Jan 147% 300 104 % 34 21% Dec - 104 % 34% 3 46 % Mar 15 104% *33 '* 9% Jan 21 104% 12,700 Chesapeake 2 , *104% 493A 19 24 11 104% 49% 16 23% Feb 28 104 % 48% 102% 101 38% Feb 27 104% 43 *100 50% 90% Jan 44% Dec 49% 49% 102 % 50 6 22% Dec 49% 49 *100 51 25 51% Dec 49% GOOD FRIDAY 49 51 *100- Mar 14 3 48% 500 6,600 2,400 101 52% Jan 3 493/a 2,300 CLOSED 155 *154 48% 50 '; 483/4 101 52 % 33 Jan 154 50% 1033/4 Champion Paper & Fib com__No par $4.50 preferred No par Checker Cab Mfg 1.25 16% Jan 27% Jan *153'A 49% 102% 173/a 85 30 155 155 *153% 50 105 36% 29 , *153% 155 17% 28 22% Jan-5 58 36 28 14% Feb 57% 17% Dec 19 58 37 17 10 57% 17% 90 % Dec Jan 58 37 35% Dec 15% Mar 14 57% 17% Jan 10 57% 36% 5 2 57 17%. 30 15 % Apr 10 58 20 .—9.50 9% Jan 35 EXCHANGE 11 17% No par 2 2 STOCK 393/4 10% 93A com 107% Feb Jan 23% 393A 11 9% Co 57% Feb 7% Mar 15 22% 40% 10% *39 36% 19 % Jan " Corp Violgta 15 29 23% 40 ' -No par 11% Jan . & South West Central Century Ribbon Mills-. Chain , - 23 'A 23 *17 50 9 45% Jan * 22% 200 11 *147 loo 24. 10 48 954 : Central ae 32% 48 974 Class B; Cerro 32% 48% 934 Central RR Co of N J class A Sugar 32% *47% No par preferred 4%% 32% 48% 40 104% preferred series B vtc 100 Corp__No par Central Illinois Light common * ■ 32% 103A 50 Central Hudson G & E < 40 5,700 32% \ Ry Co vtc 109% 11 5 17% Feb '28 Jan 15 July 12 Ga 109% 40 % 49% 5% - 109% io% 20 r Shares 109% *47% • Sales for the Week I per share 40% *103 No par Co 1093/4 I per share n 40% *153% _100 Corp common 40 % Feb 14% Jan2 35 ■ Jun 10 % 100 preferred J. 1093/4 Fridav Mar. 23 Mar. 22 $ per share 58 25 Copper CorpCertain-Teed Copper Corp 4% Feb V 233/a 100% Mar 15 18 26% Dec < 29 36 July 15% Mar 24% Mar 12 20 11% July 26 21 2 Sep 25% July 12 76 Jan 9% Oct 24 3 6% July 14 *17% Mar 30 25 . 23 2nd preferred 17% Mar 22 15 30 7% 18% Mar 3 9% Mar 23% Thursday Mar. 21 io% *39 l Celanese Corp of Amer com—No par $4.75 1st preferred -Nopar 2 Jan' 23% 10 50 : 2 9 48 — Jan 6 48 Tractor; common., 10 4.20% —100' 15% Jan * 50 - preferred Preferred * 33 series- 14% Jan f Aug 18 20% Aug 29 3 13 32"% 110 PRICES Wednesday Sper share 110 32% Corp Co common Caterpillar 3 Feb 106 *109% 32% *48% 5 General (J I) 1% 6 Mar 55"% Jan 140 *■ 1 13 Jan 2 *109% Corp common.. & Mar. 19 S per share I per share SALE Mar. 20 100 Co preferred 4% Conv 103% Mar 15 29 Dec Mar 155 Mar 22 Mar 20 15% July 14 7% July 17 25 48 101 13 % July 13 15 2 150% Jan 1 Jan 9 Mar 108 52 2 29 Dec 47% Dec 104% Jan 9% Jan 15 May •» :Jan' 35 Steel ' HIGH Tuesday No par Light AND Monday Mar. 17 Par ' «• 15 RECORD LOW STOCK YORK EXCHANGE Highest 27% July 27 30 % Jan STOCK STOCKS Range for Previous Lowest (1283) 44% 2,800 3,900 10,400 9,900 10%. 103A 10% 10% 10% 10% 10% 10% 1,000 25% 25% 25% 25% 26 263/4 263/4 27% 2,400 30% 30% 30% 30% 30% 30% 30% 30% 9% 22,100 31'A 13,000 8% 9 31% 313% 107% 107% 8% 8% 8% 9% 31% 31% 31% 31% 108% ♦108 9 31% 700 1081/2 300 26% 3,600 108% 108% 25% 25 7% 25% 253A 111% 110% 110% 110% 110% 103 102% 102% 173/4 3,800 11% 500 *108 Cons Gas Elec Lt <fe Pwr Co Dec 27% Jun 20 112% Dec 18 23 93/8 July 19 117% Apr 12 108% May 24 105% Sep 26 '103A July 13 143/4 Sep 123A Jan 24% Jan 26% Feb 3 of 24 110% Mar 21 115 Feb 107 Feb 10 133/4 Jan 25 28 19% Mar 2 Feb Baltimore 4%% series Preferred 4% series C Grocers ._100 Consolidated 1 *102% _1.33% 18% *10% Consolidated Laundries Corp Corp 10% Jan 3 July 28 473A Feb 6 45% Jan 11 50% Feb 23 Consolidated Natural Gas 15 Jun 27 28% Dec 22 26% Jan 23 34% Mar 21 Consol RR of Cuba 6% 10% July 13 13% Dec 28 12 3/4 Mar 15 17% Sep 22 15 Jan 19 18 173/a Jan 30 3A Jan 2 9 % Mar 8 10'A Jan 25 Dec 108 • Dec 36 7 Dec 28 109 7 Mar 16 5 Consolidated Retail 2 18 Feb 3 Consolidated Textile Inc __10o 5 21% Feb 26 Consolidated Vultee Aircraft 1 34% Mar Consumers Power Co com 110% Mar 21 111 107 Jan 4 Mar 8 113% Mar '2 110 8 Jan 11 Dec 4 32% Dec 11 32'A Jan 2 39% Feb 15 11 106% Dec 29 103% Jan 29 106% Jan 16 14 5/8 Apr 24 19% Jan 24 17 Jan 2 24 93% Jan 11 28 88 100 July 28 Jan 30% Dec 4 102% Feb 3 107% July 19 13% Dec 30 8 July 17 783A Jan 55% Jan For 25 • 32% Jan 100 12% Jan 28 96 footnotes - Dec see 1. Feb 5 26 10 1 37% Mar 21 106 Jan 9 $4.50 1 $4.52 Container Co . No par No par No par ; Corp of Amer com. 10 4% preferred 100 Continental Baking Co com_^No par $5.50 $3.75 preferred- 16% Feb 21 Continental Diamond 78 3 Continental Insurance 20 Continental Jan 11% Jan 101% Feb 21 Continental Fibre Motors Oil of Delaware 111% 103 ♦102% 90 50 183% 11 11 11% 11% ♦11 48 47% 47 3A 46% 47'% 47 47% 47% 49 29% 31% 313/a 323% 317% 343% 32% 34% 32 32 3A 13% 13% 13% 13% 123% 12 7% 123% -12% 12% 13 2,100 163AX 167A 16% 16% 16% 17% 16% 17 17 17 13,200 18% r 18% 18 18% 17 7% 18% 18 18% 18% 18% 14,900 34 % 7,800 183/4 33 % 33% 1103A 110% ~*107% 108 36 36% *104 105 20 35% 20 97 , 36% *97% 100 173/4 18% 11% 17% ♦11 33% 33% 333% 33% 33% 111% 1103A 111% 110% 111% 110% 108 108 108% 108 108 *107% 36 36% *104 104% 36 *104 193% *96 % 353/4 *99 36% 105 *36% *104 33% 37 104% 33% 36% *104 111% 3,800 30,100 390 1083/a 70 36% 2,100 104% 3,200 20- 193% 193/4 193/4 20% 193/4 19% 97 96% 96% 96% 96% 96 3A 963/a 90 363% 35% 363% 36% 37% 37 % 37% 16,500 102 *99 101% 5 *14% 14 % 14 14% 133/4 13% *67% 68% 68% 69% 69 70% 1 9% 9% 9% 9% 9% 99 % 98% 99% 97% 98 . 110% *1077/a 10 S *102% 103 183/a , *96% No par 112 18'/a 20 Inc common 25% 111% *102% 183A 11% No par preferred Continental Can 88% Jan 11 24. Stores Inc preferred preferred Mar 13 9 28 page 2 Mar 16 64% Feb 11 93A Dec 50% July 13 5% Jun 29 21% Mar 98 • 413/b Jun 23 1 Feb 103 25% 48 5 15 100 pfd_l 16 113% May 12 Sep 15 12 101% Jan . 100 B 3 40 Ve 5 26 % 26 % *111% 112 No par common Preferred 3 102% Mar 22 25% 9% 99 *99 *13% 70 9% 99 102 143/a *99 *14 108 143/g 1,000 70% 69 3A 69 3A 3,600 9 3/8 9% 93A 14,300 993/8 98% 99% 4,600 16 (1284) The Commercial and Financial Chronicle .J NEW Ranee for Previous Lowest Range Since Jan. 1 Highest I per share 13 '/a Jan $ per Lowest share NEW Highest I per share 27% Nov 24 26% Jan 12 29% Jan 22 55% Mar 13 54% Jan 10 55% Feb 26 12 41 29 Mar 14 42% Jan 8 14 % Jun 27 57 62 14% Jan 76 Oct 176% July 13 3% Aug 3 Nov 25% Feb 1/ 20 17% Feb 3 63% Mar 15 72 % Jan 2 38 55% Feb 23 3 Mar 17 Jan 99 30 72% Jan 2 Mar 14 104% Mar 100% Mar 16 xC6 187% Apr 13 6% Mar 6 Jan 176 r. Mar 16 4% Jan 2 5% Jan 26 25 2% Jan 2 2% Jan 12 27% Jan 2 33% Mar Sep 105 Jan 11 10 Dec 14 14 Jan 5 10% Jan 2 26% Jun 30 30% Mar 4 27% Jan 15 101% Mar 20 12 Va July 13 32 % Jun 27 41% Oct 19 35% Jan 27% Jan 49% Dec 28 48% Jan 17% Jan 13 3 102% Jan 11 16% Jan 3 105% May 5 34% Dec 29" Mar 31 15 82% Nov 15 26 15% Jun 175 14 77% Oct 13% Jan 20 26% Nov 22 55% Jan 12% Dec 24% Aug Jan 29 30 2 32 Jan Mar 20 24% Feb 13 Jan 11 Jan 5 77 Mar 10% Jan 10 13% Feb 3 5% Cuba RR 6% non-cum Cudahy Packing Co Cuneo Press $7 Prior 10 9 10 20 129 Jan 2 132% Jan 24 29 30 Jan 25 35% Feb 24 52% Class 51% 101% 74 73% 74 *176 177% 4%' 176% 2% 33% 101 GOOD 52 % FRIDAY 176% 178 60 2.400 33% 32% 33% 32% % 101% *100% 12'% 12% 12% 12% 12% 12% 12% 28i% 28% 28'a 281% 281% 28% 28% 400 102 101 51 15% 32% 33% *100% 7,300 102 400 2,900 15% 49% 16 1G% 16% 16% 4,800 38 *36% 51 33'% 102 37% 37% *36% 373/4 300 50 49% 49% 50% 102% *102% 102% *101% 102% 37 102% 37% 102% 170 36% 36% 361/4 37% 36% 89% 90 36 34 87% 7,000 87 3/4 88% 89 88 89 Va 1,500 31% 3,340 102% 30% 30 21% 12 77% 11% *11% 27% 9% 10 *76 213/s 9% 77% 12,166 10% *76 77% 11% 11% 27% *27 27% 9% 9 9% 9 106 1,900 200 *27% . 9 *104% *170 1,200 105 11% 105 *104% 113/8 300 6,000 105 % 180 543/4 54% 54% *541/4 54% 10% 54% 10% 100 10% 10% 10% 10% 25% 10% 25% 253/a 14,100 25% 25% 25% 25% 10% 33% 9 106 21% 200 9% 77% 113/4 *27 *53 253/4 131 93a 51 31 21% *170 *76 8% 11 9%' 32 21% 200 27% *104% 54% ' iv 31 % 213/a *170 9%' 111/4 9% 32 20% 200 *27 106 30% 21% *170 27% *323/4 177% 3,600 *75% *128% 177% 4% >;■; 9% 100 *176 177% 10 2% 9% No par 4,300 4% 16 10% 75% 2% 77% *25% 74% 5% 373a *53 74% 21/4 9% 1 20 74 74 5% *28% 21% 1 102% 21/4 15% 9% 102% *101% 5% 12 200 *104% *176 *101 1021/4 2% 37% *11% 3,000 102% *101% 5 38 *263/4 52 *101 101% 2% 16% 213/4 52% 102% 4% 331/4 28% *170 52 410 2% *101i/4 12% *28 *101 70 300 4% 33% 2.50 pfd 64% 2% • 102 % 12% No par 15% 64% 733/4 73% *75% common 15 >/4 64% 52 103 10 A 15% 64% 51 102 *101% 30 Cushman's Sons Inc 7% Cutler-Hammer Inc 52% *101 102 29% preferred Curtis-Wright 52 Va 101 5 preferred *15% 15% 65 101 100 15 3,000 CLOSED 15% 91 106% Feb EXCHANGE 50% 64% 90% 12 21% *48'/a 15% 4% common___No par ; No par 2.25o 21% 50% 65% 102 100 Inc STOCK 21% 15% 100 Publishing 31% 20% *48% 31 65 51% preferred 31 21% ,50% 21 *48% 15% 38 common 30% 56% 31% 65 65 102% 103% Jan Jan *15% *55 56.% 30% 21% 49 2% Cuban-American Sugar common__10 7 % preferred 100 41/2% 21% 49 51% pfd. *55 31% 21% 15% preferred 56% 30% 49 *36% Cunningham Drug Stores Inc 27% Feb 56% 37% Curtis 57 1,100 *55 *55 32% *102% 3 12% Jan 500 56 28 % No par 27% Mar 10 2 27% 28 com__No par preferred convertible 10% Feb 32% Dec 17 $4.20 2 Mar 13 21 % 27% 5 common 3 10% Mar 15 21 Va 27% 2.50 Jan 24 21 Va 27% 21% 2 8% Jan 52% Jan 27% 27va No par Corp Shares 27 % 1 preferred Crucible Steel of Amer 8 8 Jan 138 $2 the Week 27% 4.9 100 Crown Zellerbach Sales tow Mar. 23 ( per share 27% 1 common Friday Mar. 22 I v*r share I per share 21 Va 25 preferred Crown Cork & Seal 31 44% Jan .95 X25 8 22% Feb 106 2 70 18 20% Jan 21 6 3%% Thursday Mar. 21 t per share *27% 1 common Creameries of America Cream of Wheat Corp (The) 14 9% Mar 16 28 Feb 39% Feb 54 % Feb 2 25 148% Nov 25 3 4 10 20% Mar 15 19 10% Oct 44% July 13 7% Jan 3 125 22 24% Jan 31 27 18% Jan Jan 5 102% Dec 7 81% Jan 34 28 10% Oct July 13 July 13 17 29 % Mar Co t per share 27% 32 ye preferred 100 Cum pfd 3%% series of 1947.100 Products Refining common .25 Coty Inc Coty International Corp PRICES Wednesday 27% 5 100 SALE Mar. 20 *55 3% Crane HIGH Tuesday *27% 20 preferred Mondaj', March 26, 1951 *27% Corn 8 12% Jan Nov 20 180 7% July 3 64% July 13 9% July 17 5 103% Feb 2 102% Mar 22 6 22% Dec 27 Feb Jan 25 Jan 2 Steel Corn Exchange Bank & Tr Co Corning Glass Works common 7% AND Mar. 19 f per share Convertible pref 5% series 50 Cornell Dubilier Electric Corp_____l 23 31 101 17% Jun Jan 2% Feb 27 LOW Monday Mar. 17 Corp 14 Cooper-Bessemer Corp common 8 $3 prior preferred No par Copper Range Co No par Copperweld Steel Co common 8 19 75% Mar 22 186 Continental 2 104% Feb 3 30% Jan 1% July 13 22% July 13 54 l 50% Feb 102% Aug 17 105 Feb 2 17 45% Nov 27 July 13 32 20% Mar 21 49 17% Apr 22 13 Apr 18 100% July 11 28 2 51% Oct 24 July 17 100 26 22% Dec 46% July 14 10% Jan 3 28% Jan Dec 25% Jan . RECORD Saturday Par July 17 63% July 25 17 STOCK STOCK J per share 27% Nov 25 Jun YORK EXCHANGE 3 20 YORK STOCKS Year 1950 . 25% *128% 32% 32% 32% 32% *99% 132 *128 132 32% *128% 32% *54 132 *128% 1,300 ;y 132 *32% 33 32% 32% 32% 32% 33% 32% 32% 99% *98% 99% *98 % 99% 10 16% *16 16% 700 17 *18% 17 100 700 D 13% Jan 13 26% Dec 30 25% Jan 2 96 12 99 % Dec 2 x97 % Jan 3 19% May 10 17% Feb 17 14% Jan 3 Jan 13% July 10 15% Jan 3 18% July 13 10% July 13 31 31% Jan 29 34% Mar 17 102% Mar 21 102% Aug 21 102% Sep 1 100 July 24 11% Jan 3 22 30 16% Dec 28 July 26 ,96% May 24 96 July 5 6% Jun Dec 18% Dec 29 27 10 Jan 15% Jan 22 16 2 37% Mar 3 17% Feb 9 17% Feb 28 34% Jan 9 Jan 3 18% Feb 9 29% Jan 2 32% Jan 17 95 Mar 21 98 Jan 100 4 Mar 20 17% Jan 5 8 8% Jan 3 Dana 100% Mar 16 99 Jan 100% Feb convertible Davison Chemical Daystrom Inc Dayton Power 24 10% Jan 20 Corp Light Dayton Rubber Decca Records *99 17% 17 *10% 17 17 17 1 32% 33 10 *17% (The) common 7 100 B 100 series C 100 Co Inc 3 41% Dec 30 41% Jan 3 Mar 10 59% Dec 20 57 Jan Deep Rock Oil Corp 2 68 Feb 27 Deere & Co common 33% Mar 22 37 Jan 19 37 29% Jan 45% Dec 19 27 14% Dec 20 3 7% Jun 19 Dec 24% Jun Oct 18 24 May 19 Feb 21% July 13 52% July 12 5% July 12 68 8 2 65% Feb 17 79% Feb 17 10 18% Jan 27 22% Jan 2 23% Feb 26 62 3 64 May 16 Jan Jan 6% Jan 2 8 Mar 1 Jan 2 20 21% Mar 13 32% Nov 17 30% Jan 25 12% Jun 38% Feb 2 27% Nov 22 16% Jan 17 19% Mar 9 29 18% July 13 16% Dec 29 23% Jan 9 8 49 Dec 7 45% Jan 19 18 37 Dec 21 35 16% Dec 27 16 9 % Jan 5 35% Mar 34% Dec 11% Mar 31 6% July 13 17 July 13 29% Nov 24 Mar 22 Jan 3 8% Jan 2 2G% Mar 15 29% Mar 54 1 Feb 16 36% Feb 20 19% Feb 8 11% Feb 31 96 18% 18% 18% 9 9% *94% 98% *97 *100% *97 102 18% 95 *' I per share 12% Jan Lowest $ per share 4 $ per share 14 Jan 1 47% Oct 20 *33% 34% 33% 341/4 613/4 *33% 333a & loo 33% 34 46% 46% 33% 46 46% 46% 33% 50 46% 14% 46% 47;^r-'/ 47 14% 14% 141/4 13% 41 Va 14% 14 *23 % 23% 14 14 23% 14% 23% 23% 23% 23% 23% 23% 23% 1,300 56 55% 56% 56% 57 66 563/4 66 3,200 66 65 Hudson 100 Detroit 57% 100 66 8 Edison 20 Detroit Hillsdale & S W RR CO..100 Detroit-Michigan Stove Co 1 Detroit Steel Corp 1 De Vilbiss Devoe & Co... $1.50 Match cum 66% 16% 16% 23 23 *64 67 *7 y 32% preferred 16% 23 67 *16% 22% i *64 : 7 18! 18 28 49% *35% 16% 22% *64 *32 49% 25 66 7% 28 No par *55% 32% 2 common , 32%;. 1 Corp Corp-Seagrams Ltd 18 15 57% Feb 8 51 26 58 Feb 8 Feb 28 9 51% Mar 16 12% Jan 3 55 Jan 36% Jan 14% Jan 4 19 30% Jan 17% Jan July 17 35% Mar 6 13 Jan 25% July 12 11% July 25 69% Jan 13 97 Dec 28 93 54% Jan 83% Dec 19 77% Jan 13 107 2 14% Jan 2 Mar 15 10 19 16% 16% 16% 1,600 22% 22% 22% 10,200 "7 *64 7% 7 32% 32% *17% 16 Dome 13 111% Jun 15 108% Mar 15 181 111% Feb Dec 19 180% Jan 3 208 21% Oct 18 20% Jan 2 81 88% Dec 8 2 7 18 July 12 11% Mar 27 60% Jan X22 31 51% Dec 12 9% Dec Jun 14 19% Jan 10 18 13% Jan 3 83 6 85% Jvn 12 9 101 % Jan Mar 22 14% Dec 13 122% Jan 87 127% Apr 106 Jun 22 1 52% Nov 30 11 11% Jan 10 18% 17% 173/4 27% 27% 27 27% 27 27 48% 49 2,300 49 49% 48% 49 35% 35% 353/4 1,200 35% . *35% 353i 35 35% 16% 1,000 16% *16% 10% 10% 16% 10% 16% 10% 10% 163/a 10% 27% 27% 4,500 27% 27% 27% 27% 43% Mar 15 Mar 20 39% Oct 25 36% Jan 4 14% July 12 19% Jan 16% Jan 2 98 95 26 92 15 Va Jan Sep 14 Jun 5 13% Dec 19 11 38% July 26 49% Oct 9 45 8 102 May 2 Mar 21 30 101% Mar 22 Jan 21% July 26 38 13 3 35% Apr 19 10% Jun 26 Oct 33/4 Apr 443/4 Oct 15 Dec 4 1% Jan 2 40% Jan 19% July 13 28% Feb 23 52 % July 17 75 48 Aug 25 21% Aug 3 13% Feb 15 Feb 23 52% Apr 26 28% Jan 6 223/4 Aug 29 12 Va Dec 15 20% Jun 15% Dec 13 20% Mar 17 28% Nov 29 100 Dec 20 18 3% Dec 8 6 July 12 10% Jan 13 33% Jan 1 2 23% Jan 2 Mar 15 Jan 2 16% Jan 3 5 29% Mar 15 100% Mar 15 7% May 15 193/4 Dec 28 68 60 66 9 20 104% Nov 15 24% Jun 5 51% Jun 27 Jan Feb Deo 28 20 27 72% Jan 27 52% Mar 6 28 Va Mar 2 22% Jan 3 16% Mar 16 18% Jan 29 33% Feb 5 103% Jan 12 2 19% Jan 2 24% Feb 13 65 Mar 14 6 30 Erie & 23 Eureka 12% Jan 40 13 Mar 20 3% Feb 7 17% Feb 7 14% Mar 17 (The) 5% 96% 87 34 >V 33 883'8 88% 14% 14% 103 89% 1211/2 88% 121 103 *102% 893/s 121 % 103% 88% 120% 21% 21% o l *24% 88 3/4 14% 89 *52 52 52 52 10% 11 10% 10% 3/4 22 22 22 22% 21% 22 1 21% 21% 21% 21% jo 21% 21% *20% 21 20% 21 20 20% 2,600 FRIDAY 5.700 107% 199 200 21% 21% 87 26 14% 2,000 90% 18,700 89% 121 10234 11 1,900 3,100 GOOD 14% 90 *120% *102 89 CLOSED 400 24% 14% 120% 33% EXCHANGE 4.600 20 ' 26 103 12 34 87 . ,Z *102 52 *105 199 87% 14% 120a4 121 300 900 *101% 102% 100 5134 52 30% 51 Va 250 10% 10% 10% 10% 1,500 21% 21% 213/4 213/4 1.300 22 22% 22% 22% 22,700 20% 20 % 20 % *20% 1,800 17 17 16% 17% 16% 16% 17 17% 163/4 17% 44% 44% 44% 44% 3,000 44% 44% 44% 44% *165% 44% 44% 169% 12,400 *165% 169% 393/4 41 40% 41% 40% 41% 40% 41% *17% 18 *17% 18% 18 18 18 18 92% 93 *92 94 16% *98 16% 101 163/4 *98 16% 101 166 *92 16% *98 166 93 163/4 101.: ►166 92 16% *100 168 92 18% 166 41% 166 423/a 18 - ^92 94 50 5,000 300 100 16% 16% 1,100 103 101% 101% 550 12 *11% 1 *11% 12 ."IllHIg 11% 113/4 49% 493/4 49 % 493/4 49% 49% 49% 50 50 21 50 3/8 21 20% 20 % 3,600 20% 21% 21% 21% 21 Va 21% 40 *38% '2,500 2 _ NOpar *38% 2 Va 2% 44 14% 14% 13% 14% 24% 23% 24% 70 *49 3 5 Eversharp Inc ~~~ 10 Ex-Cell-O 4% Feb I 26 Exchange Buffet Corp 1 3 2.50 40 2% 433i 43 43% 1,000 133/4 13% 13% 13% 14 14 2,300 24% 24% 24% 25 25 25% 2,400 2% 2% 9,700" 70 *65% 70 51% 51% 50 50 *49 % 51 263/4 26% 26% 26 3'8 18% 26% 26% 18% 18% 18% 26% 18% 7,300 18% 18% 15% 19% 15% 19 Va 15 15% 19% 15% 1,400 15% 12,200 *17% 30% *100% 21% 6% *6% *16% 14% *41 *65% 70 *50 *65% 15% 15% 17% 17% 17% 17% 17% *17% 303/4 30% 30% 30% 30% 30 102% ►102 102 21% 7 66 44% Jan *33 2% 43% *50 21% g 40 2 44 *43% *64% 66% I *38% 500 x26% 21% Evans Products Co 40 12 27% *63 g 2 12 51 *65% 50 *37% 12 27% 100 Co *11% 67 no par preferred series A 2% 44 24% ~~ 40 44 *65% 'IIIH4 2 44 _50 50 Corp 17% 953/4 201 14% preferred Pittsburgh RR Williams Oorp 17% 9534 12% 107% ~io convertible 33% 17% 21 21 15 2.50 33% 17% 8634 15 100 RR common.. 8 Va Jan 85 26 Empire District Electric Co ~IIio Endicott Johnson Corp common 25 4% preferred joo Equitable Gas Co ~ 8 50 Equitable Office Bldg 1 63 % Jan 853/8 90 Phonograph. 71% Feb 84 Va 600 STOCK 12% 95 26 preference 6 96 33% '81 ~ El Paso Natural Gas Emerson Electric Mfg Co Emerson Radio & Erie 17% 95% 26 Mus Ind Amer shares Electric Storage Battery No par Elgin National Watch Co 15 Elliott Co common 5% 17% *51% Elec & 5%% 17% 97 *10% Convertible preferred 6% Mar 13 14% Jan 2 44 27% Jan 23 6 10 12 7% Feb 27 Mar 21 5 23 33% 17% *54 *12 34 i 90 common Electric Boat common 22% Feb 60% Jan Co 22 Feb 33% 96% 13 *87 100 Ekco Products 33% *12% *25 Eastern Stainless Steel Corp_"H_5 Eastman Kodak Co common 10 6% preferred ioo Eaton Manufacturing Co 2 Edison Bros Stores Inc common l 4% % preferred 26 9 Jun 4% Jan 2 8 *54% 12% 34 23 15 18 Jan *52% 12% 90 "I" 4%% preferred Elastic Stop Nut Co Electric Auto-Lite 13 2 2 % Nov 33 17% Mar 101 % Mar 22 6% Jan July 13 8 3/4 26 Jan May 25 6% May 5 15% Dec 28 14% Dec 1 4% July 13 8% Feb 14 5 8 Feb 2% Mar 49% Jan 13 19% Feb 46 X23% Mar 15 18 42% Mar 95 16% Jan 13% Mar 66 3 9 55% *87 " 50% Jan Feb 18 28 20% Feb 11 55% pfd___50 Inc 41% Jan 193/4 Jan 41 Jan l3/8 Jan Eastern Airlines Eastern Corp Jan 55% *25 Eagle-Plcher Co.... 2 23 23% Jan 25 Jan 16 32% Jun 30 2 Feb 48% Jan 1,200 54 fl 22% Feb 182 55 21 DWG Cigar Corp 166 54 21 Va 6 2 55 *197% 12% Feb 24 1,200 *54 *105 10% Jan 243/8 Jan 16% 56 107% 89% 8 16% 56 197 *120% 10 16% 56 *194 Duquesne Light Co Jan 16% 55 *105% 7 16% Jan 16% 54 107% 54 % Feb Shares 16% 190% 50% Mar 22 Sales fot the Week share 54 *52 21% Friday I Mar. 23 f per 16% (EI)) & Co— 3.75% I per share 54 190% 5 88 % Aug 25 15% Dec de Nem Mar. 22 $ per share *105% 21% 7,200 1 *53% No par Duplan Corp Thursday Mar. 21 1 International Wednesday Mar. 20 t per share 13 86% 2|7% 500 27% PRICES 107 No~par 19% Jan 16% share SALE 197 No par 2 Mar. 19 t per HIGH Tuesdav T93% series 13 xl2% July 12 85% AND Monday !103 series Jan 7 No par $3.50 10 Mar 10 15 $4 preferred series A $4.50 21% Mar 15 10 17% 99 Common 19 Apr 17% 97% Preferred 18 52% Nov 27 _No par No par Ltd Preferred 27 190 33% 9 24% Dec . *52% *12% 3 213/4 Nov 25 18% Apr 19 6 92% Mar 55 5 23 20% Dec 13 9 *53% Jan 30 Dec Feb 16% 54 No par $3.25 2nd preferred No par Dresser Industries common_____50c 3%% convertible preferred 100 Dunhill 16% 54 106% Feb 27 Jan 27 f per share4 125 Mar 15 Jun July 17 17 l Feb 600 16% 103 13 29 93% Feb 26 18 10% 120% Mar 14 13% Jun 171 2 29 500 49% 36 '51.No par Dow Chemical Co common Du Pont Jan 15% Mar 30 40 2 Feb 23% Jan Mines 173/4 —— 1.700 10% No par Douglas Aircraft Feb 173/4 — 7% 32'a 27% Mar. 17 Dr. Pepper Co Doehler-Jarvis Corp *32% 32% 27% Saturday 1 7 vvv. 67 *17% *49 LOW May 7 . *64 16% 1 called 67 10% No par A 2,600 163/8 22% 17 17 STOCK common Feb 93 16% July 17 > 9 Class 643a 16% 27% Corp 109% Feb Sep 27 119% Jan 13 Mar Dixie Cup Class A 44 % Jan 1,600 11,000 10% Par Divco 643a 1,200 Va 27% EXCHANGE 5 65% 7,000 • 2 2 Stores NEW YORK *56 2,300 23 67 *31% • \ __50c Diamond T Motor Car Co Diana 58% ' 5 Raynolds class A Diamond Distill May 24 57 2.40q 49% 61% Escrow ctfs for preferred Derby Oil Co (The) .3 16% Mar 9 48 $ per share 11 2,100 47% preferred Highest 15% Jan 35 July 26 48% Jun 29 10 Range Since Jan. Highest 9 — 170 18% 61% STOCKS Year 1950 ... 100 603* 48 Range for Previous Lowest > 18% 9 130 98% *98% 18% 8% 95 *97 100 18% 9 95 98% *98% 18% 8% 96 *97 100 18% 9 87s ; 96 98% 100 *47% Denver & Rio Grande West RR Escrow ctfs for common 13 Feb 96 98% 102% 47% Delaware Lack & Western Delaware Power & 63% Mar 14 *97 61'a Delaware 16 96 *94% 46% 2 29 2,300 5,300 60% 9 17% May 26 11 Va 32% 48% 17% Feb 72% Dec 20 1,700 16% 32 62 % 53% Feb 12 • 17 32% 47% 2 42% Jun 27 32% 17 32 60 2 Mar 13 32% 17 32% 63% 4 54 32% 17 32 47% 13% Jan 28 32% 171/4 32% 62% 20% Jan Dec 32% 17 32 1 20 58 32% *163/a 3,900 No par 43% Jan 23% Mar 19 32% j 17 Light Co,.__13.50 7% 23% Jun 21 29 Apr 51 *16% 16 17% *100% 500 4 32% 17 32% 32 50c Jan 32% 99% 17 series 38% Jan 34% July 13 33% 100 17% series A 3.90% 33 100 "17% 20 ... & Preferred 26 Feb 1 100 common___2.50 preferred Preferred 3.75% Preferred 3.75% 7 Feb 21 common preferred series A. 5% 4 104 Corp 3%% Davega Stores Corp 6% 163/a 102 20% 7 2034 65% *63 6% 16 Va 102 21% 7% 21% 65 % 66 6% 16% 102 20% 7 20% 65 *63 63/8 16% 20% 7 21% 65% 66 6% 16% 20% 7 21% 1534 17% 173/8 17% 1,100 30% 30 30% 2,200 103 21% IVa 21% 65 65 *63 66 6% 16% 15% ~10 6% 16% 102 20% 6% 102 21% 7 21% 21% 65% 65% *63 6% 16% 80 3,600 10,000 20,200 800 66 6% 2,000 14% 14% 14% 173/8 14% 14% 4,700 14% 1434 42 41 14 % 41 14% 40 17,900 40% 40% 41% 40% 41 *3% 4 4 *3% 4 >33/4 4 *3% 4 1,300 Number 4997 Volume 173 . . YORK NEW Lowest Highest 9 per share $ NEW Range Since Jan. 1 Year 1950 Lowest per STOCK RECORD STOCKS Itaure for Previous AND HIGH BALK PRICES Saturday Par Monday Mar. 1!) Mar. 20 9 per share 9 per share 9 per share I per share Friday Mar. 22 • per Bales for Mar. 23 Thursday Wednes lay Mar. 21 Tuesday Mar. 17 $ per share f per share share LOW STOCK YORK EXCHANGE Highest - 17 (1285) The Commercial and Financial Chronicle . ♦he Week I per share share Shares F , 48% Oct 18 46% Jan 52% Jan 16 Fairbanks Morse & Co No par 49 % 49% 49 49 26 Apr 8 24 Jan 26% Feb 2 24% 24% 24% 7 14% Jan 20 1 24% 22% Jan Fajardo Sugar Co Falstaff Brewing Corp 16 16 15 15 27% 13 , , 5 July 26 17% Jun 2 26% Dec 28 1 27% Jan 18 Federal Mining & Smelting Co 2 *54'/a 30% Feb 13 Federal-Mogul Corp 5 28% 7% 28 23% Oct 89 Oct 19 Apr 3 14% Jan 3 Ferro Jan 4 Fidelity Phoenix Fire Ins N Y 95 Jan 16 Jan 2 21% Mar 11% Jan 2 Aug 10 Florida Power 17 24 Mar Florida Power 15% Feb 21 17 Jan Florsheim Shoe Class A 18% Jan 23 xl8% Mar Jan 2 Jan 4 Jan 31 7 95 8 100 Jan $4.20 Feb 40 102 ' 8 15 3%% 46% Dec 27 40% Mar 13 47% Jan 19% Jan 22% Jan 5 5 Nov 13% Feb Franklin Mar 13 Stores 5 95 Fruehauf 30% Jan 4% Feb Trailer Co 101% July 13 9% July 13 13% Jan 12 14 9 Gardner-Denver 3 Garrett 10 % Dec 9 2 25 Jan 12 107% Mar 53 % Jan 26 58% Feb 101 % Feb 19 103% Jan Jan 17 72% Jan Dec 21 18% Jan 11 11% Feb 80 preferred series A—No par Baking Co common 5 No par General Bronze Corp 5 General Cable Corp com No par 4% 1st preferred 100 $8 34% Feb x31 % Mar 19 7 2 17% Jan 9 Jan 30 119% Jan 15 50% Jun 12 49 % Jan 4 6% Jan 18 44% Aug 3 51% Apr 6 43% Jan 25 15% Jan 6 103% Dec 29 8% July 12 51% Apr 20 13 % Apr 21 9% Jan 61% Dec 29 129% Mar 13 105% July 28 119% Sep Jan General Jan 65 % Jan 8 120 Feb NEW Range Since Jan. 1 Highest Highest 54% Oct $ per share 5 46 Jan S per 9 15 102% Jan 6 106% Nov 15 July 13 July 26 23% Apr 11 18 % Jan 2 21% Feb 6 3 35% Jan 3 40% Jan 10 127% Mar 12% July 12 2% Sep 11 14% July 13 22 Jan 10 Jan 2 16% Jan 2 24% Jan 2 21% Jan 4 Feb 19% Mar 27% Jan 130 Jan 9 23 9 17 22 x8 % Mar 14 9% Jan 17 28 32 % Mar 15 37% Jan 26 124 Mar 15 18 38% Feb 20 112% Jan 2 34% Dec July 17 59 Gen 7 1 Corp General Shoe Steel Castings $6 pfd—No par General 20 Telephone Corp 2 39 Feb 13 General Time Corp common—No par 105 Jan 18 preferred 100 General Tire & Rubber Co com 5 4%ft preferred 100 3%ft preferred 100 Georgia-Pac Plywood & Lumb Co__i Gillette Safety Razor common 1 $5 convertible preference No par 34 93 90 Jan 2 Mar 22 Jan 16 17% Jan 8 24% Jan 2 7 94% Jan 11 11 31% May July 12 62% Aug 16 17 29 23 29 Jun 24% Jan 22 y2 Advertising Outdoor General Portland Cement Co 19 21% Sep 22 91% Dec 29 lo No par 1 Gen Precision Equip Corp—No par General Public Service 10c General Public Utilities Corp—.—5 Gen Railway Signal com No par 6ft preferred ; 100 General Realty & Utilities— 10c General Refractories No par Gen Jan 6 26% Dec 100 29% Mar Preferred $3.75 series 35% Jan Aug 22 90% Sep 17% Dec 7 Jan No par No par preferred—_ $5 104% Jan 29 27 39 % Jan 119 12 5 General Motors Corp common 17 Oct 99 Oct 3 23 27 12 Feb 2 106% July 20 13% Mar 24 134 Oct 19 21% Dec 30 10 48 Feb 15 _ 96% Jan 30 92 16 Jan 25% Mar 12 30% Feb 100 13 Mar 20 19% Mar 15 24% Feb 5 91% Jan 94% Jan 30 18% Jan 27% Jan 55 Jan 2 4%ft %rfec~~6 r. Jufy26 105 preferred $4.50 16 Gleaner 37% Feb 26 8% Mar 15 120 Jan 3 20 59 Mar 9% Jan 140 Mar 6 31 1 convertible 4%% Gold -1 100 10 Brewing Co Goebel Telegraph Co_ & Stock Jan 25 24% Feb 19 Goodall-Sanford Inc lo 48% Feb 13 Goodrich Co 101% Jan 8 103% Feb 13 No Goodyear Tire & Rub com—No $5 preferred No Gotham Hosiery No 13 66% Dec 30 65% Jan 2 108% Jun 20 105% Jan 2 10% Jun 27 15 28 14 Jan 36 45% Dec 28 45 Mar 14 Dec 9 78% Mar 109 Feb 1 8* $5 (B F) common—No par preferred 17% Feb 2 Feb 19 4% Feb 5 Graham-Paige 9 50 Feb 24 1% Jan 3 3 Oct 30 2% Jan 6 7% Jun 29 10 Apr 18 8% Mar 20 10% Jan Gould-National Batteries par par par par 4 —1 Inc Motors 25% July 3 Mar 2 100 37% Feb 28 31% Sep 28 103% Nov 27 3 43% Mar 17 27% Mar 20 4 28"-» Mar 16 Consol M S & P Grand Union Cd (The)_, -iW10 Granite City Steel new———12.50 9 31% Feb 14 Grant Mar 13 103% Feb 14 preferred— Grayson-Robinson Stores com 32 % Jan 27% Jan xlOO 11% July 13 17% Feb 28 13% 31 Dec 8 37 Apr 28 32% Jan 3 38 Feb 2 12 Jan 3 Oct 18 13% Jan 2 15% Jan 12 16 Jun 29 18% Apr 17 22 137% Jan 3 152 6 78 33 65 Jan 50% Dec 29 Mar 7 Aug 30 Dec 35% Aug 2 45% Mar 13 4 23% Dec Jan 5 7 28 Jan 2 48% Mar 15 19% Mar 13 150 76 Mar 10 Jan 5 40% Jan 25 Feb 6 22 18% Feb 57% Feb 5 14 22% Jan 4 154 Jan 30 82 Jan 22 43% Jan 16 Feb 19 26 Granby (W T) Co 95 Apr 17 20 Dec 1 6% Jan 12% Jan 49 Jun 12% Jan 9 9 102% Mar 6 .27% Jan 9 10% Jan 28 97 $2.25 conv preferred Gt Northern i>ec 10 21% Mar 15 Jan 5 100 1 No par Iron Ore Prop__No par pfd No par Great Western Sugar com—No par Gt Northern 7ft Ry 6ft preferred & Western RR Green Bay Green (H L) Greenfield Co Inc 100 100 1 Tap & Die Corp__No par Corp —3 100 Qommon 4% ft preferred 3 11% July 11 10 % Jan 25 11% Jan 5 3 24% Dec 28 21% J^n 10 28% Feb 13 Gulf Mobile & Ohio RR com_No par Dec 12 62% Mar 15 68% Feb 5 30 66 83 Nov 27 18% Jun 24% Jan 13 30 81% Jan 21 102 .Tftl see page 24. 11 1 Mar 20 108% Jan footnotes 26 26 106 55% 103% 53% 10% 56% *126% *112 24 Grumman $5 preferred 91% Feb 23 Gulf Oil Corp 23% Jan 17 Gulf States Utilities Co Feb 14 104 110 Feb 14 „ $4.20 dividend preferred $4.40 117% 53% dividend preferred No par 25 No par 100 100 113 HIGH Tuesday Mar. 19 Mar. 20 f per 52 125 *103% 20 37% *19% 3% 19 *25% *124 51% 52% 125 125 104 *103% 51% 52 124% 125 104 103 1035/a 1023A 52% *20 20 20 20% 37% 19% 373/8 373/a 183A 19 % 3% 33/8 3% 18% 19 *253A 26% 125 *122 37% 19 33/8 183/4 19 253/8 26 *122 125 8 3/s 253A 8% 8% 33 33% 383A 385/a 39 117% *113% 115% *113% 28% 28% 28% 28% 42 45% *102% 72 % 106% 15% *44% 3% 8% 43 28 29% *100% *16% *36 14%, 50% 19% *151 *75% 43 *23% 11 'A *99 103% 41 Va 41'A *88 91 *88 2,000 10 91 24% 273/8 100 24% 24% 28 28 lOO; 100 93% 93'A 93% *93% 21% 21% *93% 21% 34% 34% 34 3-*% 58% *57 53% 83A *130 *8% 8% *130 133 22% 8% 8% *128 22 22% 5,600 9,200 43% 44% 45 453A 103 % *102 103% 72% 72 72% 71% 107% 106% 106 % 15% *14% 15 14% *44% 46 14% *44% 106% 14% 107 143/a 14% 47 3% 3% 3% 8% 8% 8 3/4 9 *44% 3% 3% 8% 42% 43 28 % 27% 27% 5.500 74 600 107 , ,46' 29% 29.000 3% 9% 2,200 9% 343fe 1132% 33% 34 343A 34% 27% 27% 273/8 27% ; 273/8 2,200 27»/2 295/8 29^8 29% *100 102 1,400 14% • *45 46 73% 73% 106% 3% 43% 900 22% *102% 71% 83/4 100 133 44% *106% 15% 58% 8% 22% 72% 8% 900 3,300 345/8 44 :. 106 % 29% 34% 8% 133 100 94 21% 22% 4434 *100% 8% 22 57 400 6,300 20% *57% -it'/ 4 57 *130 133 21 6.100 100 *102%' 103% 23 103% 3% 100 21 93% 21% *57 29% 20% *93 % 21 23% 28% 100 7,300 24% 20% 20% 70 24% 24% 203/8 20 s/8 20S/8 43 3A 19% 500 ' 91 *102% 152 3,600 373/a *101% 413A *88 453/4 51% 37 373/8 103% 91 103% 36% 28% 283/a 41% ' 15 116% 28% 93 94 16% 80 *114% *1013A 993A 29% 500 115% 413A 28% 102 1,800 39 93 20% 8% 800 6.000 33% 95 28 3% 33% *93 *99 34% 8.200 FRIDAY 8% *38% 2,500 125 95 21 46 28,600 *93 28% 233/8 4,200 GOOD . 3% 95 99% 133 *37 CLOSED 8 3/s 39 103% 243/8 58% 8"% 28% EXCHANGE 19% 25% 8 3/8 28% 38% 19 *122 1,300 STOCK 25% 25% *1013A 42 24% 25 213A *130 23 33/a 33% 115% 1,300 1,300 20 % 18% 125 8% 115% 37 18% 3% 41% 104% *38 19 33% *385/8 45,200 103 *88 01 34% *56 20% *93% 95 v 2F%' 25% *122 33% 37 102% 3% 8% 37 103% Shares 124% 33/8 38 3A 41 *124 Va 19% 33% *36% $ per share 124% 20% 8% *1013A ♦he Week I per share 38% 39 37 Sales for Mar. 23 523/8 19% 33% 104% Friday Mar. 22 Thursday 52% 373/4 125 .20 100 52% 20% 18% 400 127 113 5,200 117 19% 8% *101% 41% *93% 91 24% 127 *112 201/4 33% *38% 117% 28% 37 ■ 573A 127 37% 18% 8,200 10% *563A f per share 125 63A 46 10% BALK PRICES Wednesday 51% 124% 1,600 100 % Mar. 21 I per share share 120 23,800 543/8 ' 45'A 57 *126% 500 *99% 10% 57 100 32% 6% 6% 45% 90 76% 76% *31 101 10% Monday I per,share 65/8 443A *99% 113 *112 AND 117% 541/8 127 *126% 116 117% 53% HP/a *56 127 1171/2 56% 10% 10% 553A 16% 101 *99 101 16 y2 44% 44% 45% 44% *99 16 3/4 16 3/4 6 3/8 *63/8 6% 6% 6% 32% 541A 53% 54% 10 77 *31 »/2 118 *116% 118 9% *75% 16% 16% 16% 16% 118 10 93A 10 *31 4,700 3,900 18 5/8 321/4 76 31% 30 156 18'A 183/4 2,600 11% 11% 76 9% 9% 77% 103 % 156 1563/4 10 1,500 56% 55% *101 113A 11% *152 X18 3/8 19 183A x9% 54% 10% 10% 57% *56 *126% 127 117 *111 156 3/4 *75% 45% 113/4 11% *152 19% x31% *99% *101 11% 154 5,000 23 y8 103% *106 1,200 2,000 106% 55 18 3/4 101 23% *1053/4 *101 103'/a 32% *32% 17 *16% 117% 117% 54 6% 45 23% 1061/2 23% 553A 11% 78% 26% 543A 55% 4,200 7% 26% 106% 24 1,900 34% 26% 233A 154 : 7Va *33% 26% 26 200 1,000 20 3/s 20% 7 34 *1053A *101 103 % 20 3/4 900 21% 34 24 54% 54% 20 3/4 106 23% 24 26 26% 21% 600 19% 7 7 34'A 34 343A 34 16% *15% 36% 36 30 101% 161% 29% 29% *100% 101% 15% 153/4 15% 353A 35% 100 4,200 1,500 20 100% 1,400 15% 290 36 36 35% *14% 14% 14% 143A 14% 14% 14% 143/4 49% 50% 49 493A 493/4 50% 50 50 34 19% 19% 19% 193/4 19% 19% *151 % 153% *151% 153% 82 77 77 42% *36 19% 151 195/B 152% 151 82 *75% 152% 82 *75% 1,100 8.000 3,600 40 10 78 *75% 43 42% 42% 42% 42 3/8 42% 42% 42% 24% 24 24% 24 24 24 24 24% IP/a 11% 11% 11% 11% 11% 11% 11% 99 99 22% 22% 22% 10% 11 10% 25 25% 25% 25% 64% *63% 643A 64'A 64 % 85% 85% 86% (The)— Aircraft--Corp-*,-———1 Guantanamo Sugar common——,_1 29% 69% Jan 25 For 2 11 Jan 11% Jan 100 common—!— 3%ft Greyhound 9% July 17 106 6% 7 7 34 *93'A 2.50 common—No par preferred 50 Glldden Co (The) 13 Jan 21% 5 Harvester Corp 22% Feb 2 43% Jan 29 203A .—No par Gimbel Erothers common 4 30 103% Jan . 21% 28% *99 20"% 42% Jan *101 203A 7% LOW 24 41 % Nov 107 13% Apr 19 7% Jun 3% Jan May 4 30% May 11 7 16 18% Mar 14 20 39% Dec 25 4 2 10 Dec 128 19% Jan 3 77% Jan 23 8% Jan 126% Jan 105% Jan 8% Dec 25 Jan 19 11 102% Mar 22 124% Jan 33% Dec 24% July 27 Jan 29 26% Oct 101 80 26 18% Feb 127 30 % May 2 301% Jun 30 Jan Jan 4% Mar 23 6 July 13 22% Jun 27 24 % Dec 7 21% Dec 3 7 22 Mar. 17 Par 122 % Jun 38 21 Saturday STOCK share 52% Mar 2 YORK EXCHANGE Lowest $ per share 43% Dec 15 No par preferred 100 3% ft convertible preferred—100 13 21 STOCKS Year 1950 I per share No par 1 5ft Range for Previous Lowest 1 No par Corp Finance General Mills common 3 Feb 128 5 100 No par $3.50 preferred ; General Instrument Corp 8 . No par General Foods Corp com 2 11% Mar 2 Mar 13 113 18 5 18 105 55% Mar 15 125 3 reo 48% Jan *21% 21 8,900 -39% 21 Va 19 21 *77 50 Electric Co General 6% 2nd preferred preferred 7% 9 56% Mar Mar 15 99 conv General Cigar Co Inc com 8 138'% Jan 13 111 preferred 4% 26 12,700 2,700 39% 391/8 19 21 11% 11% 156% *154 19 18% 10 9% General 26 Mar 1 100 5 $4.25 5 19 % Mar 19 Jan 9% Jan 9 General Amer Transportation 39 19% *105% *54% *101 1.66% American Investors com $4.50 preferred 16 310 9 *18% 39 39 *183A 21 % 7% 33% 26 23"% 2 1 50 preferred ■ 83/4 8% 8% 8% 21 No par Co (The) Industries Inc com___ convertible General 26 Feb 159 No par (The) Gaylord Container Corp 6 11% Mar 10 10% Jan 149 21 Jan 34 Feb 20% Jan 15 80 19% 17 Dec 68 39% *18% Feb 29 17% July 119% Sep *39 19 23% Jan July 13 15 39% 23% Feb 41% Jan 26 *39'A 19 6% Jan 75 Jun : 8% 1,700 19'A 8% 19% Mar 14 24% Nov 22 25 124% Jun 19% 8% 20 % Mar 6% Mar 29 99% Apr 193/8 8 3/4 29 63% Mar 31 104 *19% 18 13 8h 'A 193/8 Gamewell 27% Feb 26 V2 85% 19% 8 25 263/a 8 61/2 19% 9 23% Jan 26% *853/B *19% Feb 4%% 26% 86% *85 19% 21% Jan 17 86 19% 8% 2 Feb 26% 26% 26% 85% 153/a *15% 20 5 __50 28 38 26% 86 79% 15% 13 Va 6% 10 26% 26% *85 400 80 80 79% *15% 15% 10% 18 % Feb 8 79 12 3A 36% Jan 31 79 15% 10 9 Feb 80 *15 10% 9% Feb Jan *79 15% 123/4 4 12 80 *15 12% 7% Jan 166 July 13 *78% 80C 800 11% *11 10% 23% Dec 3 11% 10% 2 105 20% 11% 12% preferred Gamble-Skogmo Inc common 5ft convertible preferred 25% Dec 13 41% 20% 11 9% 13 107% July 14 55% Dec 26 105 % Mar 8 41% 20% 11 12% 20% Apr 25 21% Nov 22 171/4 July 13 101% Dec 4 41 20% 11% 9% 40% Nov 10 29 40% 20% 123A 20% Jan Jan 20% 41% 20% 9% 2 31 42 40% 290 1,800 12% Jan 33% Dec 29 24 % Nov 22 41% 100 95 20% 370 5,300 97 94% 9% 19 Corp *96% 94>A 12% 29 Gar Wood 963A 94% 96 *15 1,300 36% 95% 95% *94 ! ' 95% 36 9% Dec (Robert) Co 94 12% Gair Co Inc 20'A 95 36% 20% 1 Gabriel 9 9% Nov July 13 Co 203/8 94% 36 *11% 41% 800 common—1 10% Mar 21 13% Feb 8 95% 5,800 4,000 *96 20% 36% G (The) 3 25 7 20% 11% 100 Jan 12 22 20% 1 common Jan Dec 21% 41% *20% 11% lo No par preferred 8 7 22% 10 12 40 21% 1 common Corp 30 3% July 13 146 94% Dec 6 July 96% 94% 19 July 25 16% July 24 17% July 12 15% Jan 3 45 96% 95 13 32 17% Jun 96% Sulphur Co p'B- 21 *95% Froedtert Grain & Malting Co Inc_l 9 , preferred—_100 Freeport Jan 16 21% 3,700 23% 15% 20% 37 Feb 25% Mar 6% Apr 363A 95 18 Va 23 16 36 36% 100 18% 23% 15% *94 96% 36% Feb 85 *94 lu . 18% 23 21% 20% 20% 20% 95% *94 18% 15% *15% 22 % 213/4 22 3A 20% '51—15 16 87% Nov 29 10% Oct 25 1 of 88 32% Nov 20 3 22*% 1,100 28% 18% *28% 23% 15% *153A 10 103 18% 23% 23 23% 16 103 23 18 3/8 18% 18% 23% 16 II,200 32% 32 1043A 28% 1,400 133A 13% 32% *103 27% 10 600 77% 77% 13% 13 5/8 1,500 1,700 103 *107 77% 32 27 27 27'A *27 27% *27 18% 133/4 1043/4 *103 104 3A *103 19 31% 32 % 31% 32% *13% 13% 13% 13% 108 77% 77 76% 77% *107 108 *107 108 77 104% *103 *107 79 No par 2 14% Jan 7 7% Jun 29 16% Jun 30 107% 10 ser Corp Sugar Co Francisco Mar 15 16 6% Jan 87% Inc pid convertible 78 3 68 % 86% 2,900 21% 68% 86 No par preferred 11 25 19% Feb 20 3/4 68% 8 5 5/8 & Chem Corp Foster-Wheeler 29 18 12% Oct 81 20% 68% 85% Corp div cum 3%% Jan 21% Dec 25 20% 69 85 7% Light Co Steel Food Machihery 30 101% Feb 94% Mar 19 Corp & Food Fair Stores 23 % Jan Dec 98% Dec 4 Mar Mar 22 34 101 July 14 Feb 20 18 Nov Follansbee 25% Feb 2 20% 68% No par 17 % Jan 2 20% 68 % No par Florence Stove Co 10 600 15% 86% No par 21 % Jan 23% Sep 22 8% July 12 75 (The) common 153A 15% 20% No par Carpet Co 153/4 2,200 104% *103 153/4 15% GOOD 51 *50% 1041/4 400 1,100 2,200 FRIDAY 7% 6% 7 50 493/4 *103 853/4 *77 13% 32 Co 104% 2,200 11,100 EXCHANGE CLOSED 68% 107% (The) 30 87% 100 preferred 54 30 6% 50% 493A *103 16 20% 54 29% 69 No par $4 28% Mar 21 2 preferred Flintkote 20 55 29% *54 7 7 7 51 104 20% *68 10 com Firth 5 32% Mar 21 29% *153A 27% 28% STOCK 87 % 20'A 1 Rubber 54 29% 16% First National Stores 16 106% Feb Mar 22 23% Jan 2 Feb 14% Mar 2 25 103 Jan 4 % ft 107% Mar 17 84 Tire & Firestone 54 49% 27% 2 7'/a 27% 26% 29 104 15 14% 54% 7 7% 50% 104 16 16 14% 27% 2,700 I,500 15 % 15% 15 54 23% 14% * 15% 27% *28% 28% 49 23% 23 % 14% 15 1,400 49 48% 23% 15% 15% 15 48 24 23% 25 Enamel Corp 9 78 37 84% July 17 94% July 21 27% July 12 9% Jan 3 5 *15% 55 *50 *102 16 Mfg Co 6 3 94 20 Tarrant & 31 1 20% Oct 24% Mar 30 13% Dec Felt 19 5 100 preferred 20% Mar 17 5 11% Jan 66 4%% 22% Mar 23 15% Sep 28 17% July 13 13 Federated Dept Stores common 17% Feb 76% Mar 20 14% Jan 20 27% Feb No par Federal Motor 5 4 Jan 65 106 9 33% May Truck 2 Jan 106 2 17% Jan •- Nov 14 108 13 July 17 July 13 16 May 8% Feb Corp 81% Jan 8 108 Fedders-Quigan 28% Mar 22 54% Feb 2 Mar 12 13% Jan 29 15 • 47% Jan 104 19 86 % Dec July 17 10% July 13 22% July 26 Jan 6% Mar 13 28 83% Feb 13 65 103 1 62 8 % Dec July 24 16% July 13 62 July 13 Feb Family Finance Corp 50% Jan 106% May 25 13% Jan 12 10 105 8 23% Jan 26 49 % Dec 3 52% Jan 15% Mar 13% Jan a. Nov 25 53 16% July 3 4 % Feb 14 33% July 17 Jan 19 25% Oct 23 15 V* Jan 3 35% Mar 11 103 17% Feb 49 *48 37% Mar 10 22% July 3 12% Dec , 100 23% *99 23% • 100 23% -23 10% 10% 10% 11 25% *64 25% 25% 25% 65 63 3'4 64% *63% 86% 8 5 JA 86% 84% 86% 23 22% 102% *102 109 *108 23 23 *102 102% *108 109 22% 102 flu8 853A 23 *98% 700 24% 21,700 11% 10 *98% 100 235/8 22% 23 10% 10% 11 2,200 25% 6,700 100 13,200 " • 84% 22% 22% 24% 22% 300 9,000 7,700 223/4 - 102 *101 102'A J *iod ivt) AO 900 *101 108% 102% 108% . 20 10 18 (1286) The Commercial and Financial Chronicle NEW Range for Previous Lowest STOCK . Monday, March 26, 1951 . RECORD STOCKS Year 1950 Range Since Jan. 1 Lowest Highest $ per share YORK . tperthare NEW ^Highest tper share YORK LOW STOCK Monday Tuesday Mar. 17 Mar. 19 I per share PRICES Mar. 20 I per share Par SALE HIGH AND Saturday t per share EXCHANGE $ per share Thursday Wednesday Friday Mar. 22 Mar. 21 i per share $ per share Sales for - Mar. 23 the Week f per share Shares H 30 % Dec 8 46% Feb Apr 28 33 24 30% Jan 19 357a Feb 2 Sep 29 153/4 Jan 3 17s/a Feb 26 14 % Jan 22 14 % Dec 66% July 13 0104 30% Feb Nov 18 20 13% July 25 liyWun 15 14 35 22 % Apr • 29 80% Feb 8 73% Jan 19 105% Jan 22 20 Jan 3 313/4 Dec 30 141 Jun 30 149 % Dec 6 148 22% Nov 28 277a Jan 12 26 * „ 793/4 Feb 107 283/4 Mar 14 16 5 Hart Schaffner 5 Hat Corp 73/a Feb 10 6% Jan 2 1 763/4 Jan 8 81% Feb xl0% Mar 13 113/4 Jan 11 6% Mar 13 8 3/a Jan 12 11% Oct 8% Jan 7 28 July 17 93% Feb 333/4 Oct 8 103 Mar 20 24% Feb 23 98 % Apr 41 Jan 3 31% Dec 9 107 8 13 Mar 10 2772 Jan 8 5 94% Jan 17 9 Oct 31 % Jan 34% Jan 2 3772 Jan 103% Mar 22 10674 Jan 31 26 Mar 97 Mar 8 8 25 Dec 337a Mar 16 25% Mar 19 27 Feb July 14 44 37 40 72 Feb Jun 20 3/4 Mar 20 29 49 July 27 122% Aug 2 34 July 25 52% Aug 23 15 % Mar 10 69 % Dec 48 1 Jun 56 447a Mar 12 Feb 8 52% Jan 31 18 20% Jan 3 18% Jan 4 23 7a Jan 80 11% Mar 14% Sep 27 6 >?•. 14% Jan 12 4 13 867» Jan Jan 2 18 3/4 Jan 26 2172 Feb 9 12% Jan 3 15 22 3 257a Mar 173/4 Sep 6 5 477a Jan 12 22% Feb 2 7 3/a Jan 3 283/4 Jan 23 34 % Jan 11 14 2 2 423/4 Feb 19 101 47% Nov "24 Dec 8 107 14 Jan Jan 94 Jun 383/a Feb Jan 1574 Feb 17 36 100 3/a Dec 107 y2 Dec 22 56 3/4 Jun 3072 Jan 20 9772 Jan 18 3 11 19 13 38 y2 Jan 12 627a Dec 11 15 Mar 22 247a Oct July 25 58% Dec 58 67 1972 Mar 19 21 % Jan 2 16% Feb 3o 9 / 19% Mar 23 5072 Mar 13 58 72 Jan 7 153/4 Jan 2 203/a Feb 177a Jan 3 4 3/a Apr 22 25% Apr 13 35/a Mar 13 4 213/a Mar. 25 7a 25 25 36% *35% 36 72 36% 36 72 *103 72 105 72 *1037z 97 Lowest I per thare ' $ per share *353% 36% x36 % 3672 36 74 3674 *103 72 10572 *103 72 •105% 10372 253% 26% 25% 25% 25% 25% 37 37% *3672 37% 37 38 *20 3/4 21% 67' 20% 673/4 126 *43 72 44 24 24 21 44 43% 4J72 43 3/a 43% 53 *52% 53 74 *52% 53 74 400 23% 23% 235/a 235/a 235/a 23% 23% 23% 1,500 2174 7,700 20 3i 21% 20 72 20% *83% 84% *83 72 84% 15% 15% 19% 19% *13% 12 19% 573/4 15% 153/a 15% 3,000 19% *19% 193/4 la 72 mi 1,400 13% 133/4 13% 14 500 *46 *101 25 25 25 25 25 800 11% 11% 11% 1172 *117a 11 % 300 19% *19% 20 '26-/4 19% 46% 193/4 19% 27% *27% 28 40 74 ■41 *46 103 58 103 19% *2 35% 353/a *9872 99% __No par *59 59% . 104%: 759 • 1474 60 -V 59 59 74 4774 463/4 *102 74 59% 59 59 72 59% 58 5/a 58% 19% 19% *19% 20 74 *20 52 51 % 51%. 100 5,500 7% 7 3/a 7% 7% 17% 1,100 ♦167a 17 52% 53 527a 53 18% 18% 18% 187a 183/a. 27% 3% 33/4 3% 20% *1672 33% 20% 203% 287a 27% 27% ' Saturday EXCHANGE 26% 17 *17;* 53% 27 53% 54 54 1874 . 18% 183/4 '■ :: ■ -:f• '• 100 19 25% 263/4 72 2672 3% 33/4 33/4 20 3/a 20 3/a '2074 •• 2,300 9,700 33/4 20% ' ' ; 26 3/a :7 3 3/a 2074 AND 7 HIGH SALE Tuesday Mar. 20 $ per share 1,900 600 Thursday Mar. 21 * >FrIday Mar. 22 I per share > 5,800 PRICES /'•Wednesday Mar. 19 9 per share,, $ per share *167z •7: 3% Monday Mar. 17 Par 173/4 - 2072 • LOW $ per share 600 7-% 53 *20% STOCK 20 72 5472 18% _No par 3,800 19% 537a 52% —.6.66% ; 1 ; 59% • 20% 17 7; 59 2,200 53 74 17 12.50 59 60 50 59 5272 "772 1 58% s, 3,000 99 10572 5274 52 7% 600 2,900 3572 *10372 59 , 58 20 5174 772 1,800 33% 35 *9772 , 105% 7 *103% 20 7% 7 *33 9972 1 7% 3,500 147a 35% ."25 59% 14 34 353/a *9872 59 , * ' 104 74 147a *33 j 200 ' ' ■ 47% 104 74 . 10572 59 59 •"V-14 34 *104 ' 5 & Manhattan common__100 ; 104% 417a 46% 35% 9974 10672 2874 4072 I -/4 *10274 103 34% *105 900 *273/4 417Z \ 59 46% *101 ' 25 4174 583/4 3/a *46 467a *101 19% 9974 loo 15 3/a 1572 25 27% 573/4 84% 153/8 393/4 74074 7 58% S8% 27% 40% 20% *83 117a *11% 19% 27% •40 5 com 25 % 8472 19% 133% 25 21 ">0% *83 800 *13% ;•< 13% 19% 133/4 12 100 433% 15% 25 1,200 3,300 127 523% 19% 5 207a 68% *126 126 53% *13 7a 5 20 74 67% 67% 126 300 44 i/v 84 15% 127 50 1,800 *52 7a 21% *82 7a 66% 663% *126 20 3/a 20 3/a 2072 66 126 43% 53% 20% 6674 126 *52% , 2072 65% 127 357a Corp 500 1,200 103 72 253% 3874 j. Hussman Refrigerator Co 500 97 35% Hupp 800 36 *9572 997a NEW YORK Highest 36 97 36 10572 Hudson Bay Min & Sm Ltd._No par 5 ■"'• •* 1'. ■ 4,000 25% 10 Car v* *- r -.* J. - riv 24% 24% *38% 1 Inc 25 % *95 72 99 Motor 600 900 * 97 *95% 35% Foods 20 FRIDAY 103/8 25% 5 preferred., 70 7 7 3874 par (Del) -,20 1,900 . GOOD 8172 10% 36 7a 367a *33 Hudson *791/2 7% *24% *33% .Hunt 11 7 *25 3/4 50 preferred. ■" 772 *37 7a ,__5 Co .1 •28 *774 81% 36% 36% *9572 103% 3472 Range Since Jan. 1 Highest 9 per share *25 __No par preferred.. non-cum 27% 7% *79 72 25 7a 10% *33 7a 5% -27% *10% 81% *25 10% STOCKS Year 1950 *79% 7 10% 50 Range for Previous Lowest 81% 7 11 14 " 285/a Feb .14 4% Jan 19 18% Jan *79 7 7a No par <Howe Sound Co. 26 20 81% 147a ''Hudson 19 173/4 Oct July 13 87« Jan 12 1% Jan 3 16July 17 " ' 73/a 7% 14 7a 5 187a Dec 13 77a ' •, 150 10 com 400 ,. CLOSED '3074 *145 150 275/a 28 *277z 77a 7 100 Houston Light & Power -Houston Oil of Texas Howard Stores Corp 23 'Jan 28 28 14% ,J 10 583/4 Feb 6 3/, Feb Nov 24 53% Dec 26 Mar 21 *7% *1474 4% 17 11% Mar 13 22 6572 Feb 5072 Mar 15 29 7% Aug 1 ;il% July 21 35% Mar 9 1 *2972 *145 No par 18 5 27% 772 149 148 Household Finance common.._No par 33/4% preferred 100 Mar 15 993/4 Mar 1073/a Jan 150 77a Corp common 10 preferred ! 30 Mining 12.50 Oil Corp —No par conv *106 7a 3072 25 preferred $2.25 107 106 7a 30 7 Sugar $4.25 *147 28% 79 conv Houdaille-Hershey 13 Jan 19 33 36 104 7a Mar 19 53% Feb Feb 150 36% Co 700 STOCK EXCHANGE '79 307» 300 2,800 "14% 79 106 7a 1067a *10% Homestake 29 2 14% ' *77 74 779 A v.. '163/4 ' 25 ; Hooker Electrochemical 2 10 28 July *46y2Jan 105 Holly 5% 15 14% 15 779 32 .34 ■ common___No par Honolulu Jan 13 Powder preferred 17 5274 Feb 8 r 283% 100 19 3174 Jan 10 303 663/4 Jan 11 1017a Mar 9 34 28 42% Jan May 24 10% July 13 29% July 27 29% July 13 Feb Feb 106 7a 29% 97 preferred Holland Furnace Co Hollander (A) & Sons 11% Mar 20 56 13 Jan 18 3/4 Jan 20 % Aug 18 29 % Mar 7 July 25 Jan 106 7a 29% *143% *77 *36 74 common..: Hilton Hotels Corp Hinde & Dauch Paper Hires Co (Charles E) 8 5 32 % Jan 31 1067a 29 74 *7% Heyden Chemical Corp common 1 372% preferred series A_ 100 1774 Feb Jun 18 31 78Jan 14 107 29% 14% 79 *95J/2 474% preferred series A2. Hewitt-Robins Inc 27 19% Sep 1678 May 15 10% Apr 16% Apr 25% Jun 6 23 31 July 12 20 V* Dec Jan 53% Feb *106 7a 14% 100 Hershey Chocolate common__No 24 7t Mar 16 26 5% "*753/4 I15 Hercules 12774 Mar 15 19% Dec 27 Co 15 Feb 6 4 15% 79 5 , 79 64% Mar 15 *14% *753/, 1 24 39% Jan *1672 *30% 2 23% Feb 2 223/4 Feb 68% July 24 v 3.65% 335/a v16% 100 (G W) common 7% non-cum preferred Hercules Motors 122% Feb 1 J) 33% 16 3% *28 preferred i 33 74 16% 1 common (H 33 7a 16% —.10 common Helme , Mar 20 18% Jan 3 127% Mar 13 July 14 10% Jun . Heinz 1 14 Co 3 3/4 % - 5 39 r. Hecht 31 33 163% *147 Hazel-Atlas Glass Co 26 37 *31 31 33% 163/4 100 472% preferred Hayes Industries Inc. Hayes Mfg Corp 12 32 313% 33% 17 com__No par & Marx__^ ♦31 33% 17 par 100 preferred of America 31% 33% 5 l Refrac Jan 81»/4 NOV 25 i Harbison-Walk 6% *31 5 Co $4.25 pfd__No par 30 2 25 preferred (M A) 17 3 253/4 Dec conv Jan 5 8% July 13 r 4% Hanna 154 5% Jan 5 July 3 20% July 18 Water Halliburton Oil Well Cementing (W F) Printing Co_ Hamilton Watch Co com No Hall 2 64 »/2 Jan ' Hackensack 14 Mar 32 72 Jan Mar 20 Jan 23 157i Mar 14 11 108% Oct 11 Jan Mar. 23 $ per share Sales for > the Week -1 per share Shares I 32V* July 25 r 40% Mar 15 62 34% Jan 25 34 Jan Dec 20 58 Jan 99 Dec 8 96 Jan 2 60 Dec 2o 543/4 Jan 395/a Jan 2 29 25 2 82 y2 Jun i 357a Mar 15 75 % Feb 10772 Mar ' 71 Feb 30% Nov 29 41% Mar 23 32% Mar 15 50 Oct 52% Jun 51 Dec 52 14 -,RR stock ctfs series A Illinois Power Co common 36 74 Feb 27 v52 5274 Dec 7% July 13 25% July 12 5% July 14 42% Mar 28 - 63 Jun 10 % Dec 9 18 18 3374 Mar 27 9 Jan 29 83 15 175 16 Dec 14 July 17 25 y« Jun 76 71% Feb 84 16 Oct 9 i 183/s Dec 21 240 Mar 29 327a Oct 23 181 Jan 16 24 27 57a Jan 7% July 12 27 Dec 20% Feb 2 ■■(81 133/4 Apr Aug 18 3% Dec ,11% Dec 't 337, Jan 104 2 373/a Feb 90 18 34 137% Jun 7 129 143/a Aug 7 593/4 Sep 18 25 1 110 5 July 12 *49% Jan 3 52 10 Sep l 9674 Jan 14 14% Jan 872 Mar 13 Oct 19 18 -v 17 i 6 70 1172 Jan 733/4 Jan 19 83 2 Feb 463/a Jan 28 613/4 Oct 7 .''3278 Aug 30 9% Jan 3 53 Jan 36 V2 60% Feb 35 Mar 353/4 Jan 17 16 July 17 ,20% Jan 4 July 11 13 7a Jan 1874 Mar 207» Jan 257a Feb 22 28% Jan 10 ;3574 Jan 31 14 31% Jan 24 27% Sep 22 3772 Feb 26 25% Jan 4 22 27% Jan 24 217a Jan" Dec 28 353/4 Dec 30 141 Jan 3 343/4 Jan 135 Jan 5 .'233/4 Jan 15 39 Feb 139 Feb 7 52 74 *5172 5374 *51 72 5374 9% GOOD FRIDAY •: .65 83/a *8 65 874 64% 78 *8 6472 874 64% 76 74 7774 16172 *8 64%: 78 16172 163% *161 64% 78 1 55 55 553/4 547a 54% 213/a 3.4CJ 2174 21% 2172 21% 5.500 *10% No par No par ll3/a 372 t 1772 34% *170 74 *205 s 1174 2772 117a 26% 1174 2672 *10% 26% 10072 101 *99% 10072 3 72 3% 3% 3% 17% 1774 17% 1774 205 3574 206 34% 17174 1472 14% 208 3574 170 3/4 14% 208 34% 14% 2774 27 7a 93% *33/4 3% 33/4 3% '■.•' 35% 35% 347a 35 7a 35 7a 35% *131 2_No par $6 preferred 93 132 13% 93 131 14 51'A ' •26% -27 5172 132 7872 42% *42 593/4 *35 6072 59 16% *235/8 33 177a 2472 33 *33 t26V2 26V2 No par *213/8 3674 1 — *136 ■•■■,'•/• y •, 830 1474 52 *75 *427a 5 131 147a DJ. No par l.No par par 13072 14 7a 513/a 108 *10672 978 9 75 108 *10672 9 7a *67 72 37 400 2,300 18,700 14 6872 \ 4,400 •^% 50% 6872 25 10.600 3% 1/, 14 *10672 9% 108 V v. 27 72 5174 loo par 132 370 /V; 94 33/4 50 72 comi.Nopar 25 *131 2774 13% - 1,400 15 7a *92 •><; *9 68 75 4272 427a 59 74 59% 60 37 13,900 9 6774 75 100 1,100 67% 76% -•42% 4,500 10672 9 6772 75 ' /2 106 72 97a 6674 100 l/:,uU0 171 15 27 72 93% 3% 6 208 17074 14% 1,400 17 5/a 4 74 .5 171 50 3% 205 72 35 171 2,900 100 3% 17% 171 300 28 175/8 9372 International Packers Limited—_15 International Paper common 7.50 113/a 27 *99% 3% 207 14% 1174 26% 101 3% ' 20 543/4 207k 273/s 1 l,u00 16172 227a *993/4 common.. 800 78 161% 5572 100 preferred 64% 78 163 3/4 2774 '. 300 22 5 Corp.;. 600 3,100 874 5574 No par Mining 120 2,200 100 30% Elec Co__No par Iowa Power & Light Co L 10 /Island Creek Coal common 50c 5 4 CLOSED 9% common Intertype Corp slowa-Illinois Gas;& 19 51% 30% „_20 International Telep & Teleg_.No /International Utilities Corp /Interstate Dept Stores ,_1_Nq 13 Dec Apr 5174 *9072 1% 7 30 -17% July 26 f27% Jan 5 : 21 5174 9% No par International Salt. International Shoe fInternational Silver 28 45 28 July 12 23% Dec 8 135 Apr 2278 Jun 19 4474 Feb *51 _1 30 407a Jan 5174 STOCK 30 5/a 100 preferred Int'l Rys of Cent Amer 5% preferred 8 1 May EXCHANGE *9% 78 >. 9 38% July 18 M2% July 3 35 7a 3072 No par $4 16 Mar 13 Jan 66 Dec 22 56 3/a Jan Feb 6272 35 7a lnt'l Nickel of Canada com__No par Preferred : 100 i 30 109 62% 9% *160 preferred •.International 13374 Jan 2 61% 3574 30% Int'l Hydro-Electric Sys class A..25 & Chemical com. 5 4% preferred 1Q0 3 100 61 35 9% ■ilnt Minerals 10 600 4,100 106 30 3/a Machines Harvester 7% . 31 57a Jan 483/4 Mar 15 97a Dec 22 13 407a Jan 106 72 Mar 22 72 1 4 12 3/4 Jan ' Int'l 31 15K Mar 10 Mar 13 Feb 14 Jan 36 74 •63% 63% *105% 9% 100 preferred Business 3674 63% 106 >7 30% No par ' 2974 Feb 3% Mar 13 70 July 25 Jan .Int'l 36% 6272 *103 63 *51 72 V *36 v 35 74 . 343/4 *51 5374 63 104% *9 72 l Intercontinental Rubber Interlake. Iron....: 3 179 2 2572 Jan 367s Dec 14 Feb 10% Jan 30 95% Nov 17 972 May 8 8 '25% Mar 31 129% Dec 9 6 2778 Dec 22 3 22072 Feb Mar 14 472% - 305/8 *8 7a Mex, S A common. *60 3474 5174 *5274 36% 62 7a 5 Inspiration Cons Copper Insuranshares Ctfs Inc Interchemical Corp common. 23 "*i ' t Ingersoll-Rand 6 2974 Feb 15 Jan Jan 1013/4 Feb Mar 15 32 De 6% preferred Inland Steel Co...., 23 12 5 Jan 170 2 5 253/a Feb Electrica 3474 3674 10472 6272 *51 50 7 6474 106 par Industrial Rayon.., * Jan 17 Jan 6272 Feb 372 Mar 15 200 Industria 16 *61 50 Indianapolis Power & Light__No 1 16172 Mar 20 23% Jan 23 95 30 36V2 635/8 No par preferred 4.26% cum pfeferred —ii. Illinois Terminal RR Co 11% Jan *36 *104% 1000 _ 2 117a Feb cum 1 . 8 72 Mar Mar 13 1978 Jan 4.08% 317a Jan 527a Mar 13 43/s Dec 29 27 171% July 13 29 15574 Jan 100 1% Jan 25 12% Jan 13 185 Dec 11% Dec 20 257s Oct 17 8 Jan • Apr 10 563/4 Dec 30 20% Nov 22 12% Mar 30 , 25 26 192 972 Mar 13 / 2872 Feb 6 X6374 Jan Jan 53 7» Feb 3 68% Dec 30 Dec Vl6% 52% Jan 2 Jan 9% Aug 9 678 Jan 38 ..r, Jan 19 155 1 ' Idaho Power Co_ 20 Illinois Central RR Co common.100 6% non-cum conv pfd ser A__100 77 210 ■ ' ■ 600 ■ *42 7a 42 72 500 59% 59% 2,000 *35 *3574 17 16% 1774 16% 17 *233/4 2472 24% 243/4 "<M3/4 25 x32 3472 37 <16% . 32 32 74 32 74 *32 32% 1,100 *35 35% 26% 2,700 353/4 37 74 3674 3674 .•'■'253/4 "•26 7s 2674 26% A 21V2 3674 } 217a 21% 217a 37 2674 "217* 21V« 353/4 *353/4 *136 *35% 1377a "35% *136 13772 47.100 1,200 4,400 21% ' ' 13772 *35 74 *35% 2,200 35% *136 300 137 72 • ■> 5% July 18 •'147» Jan 5 *91 6 Oct 54% July 19 103 • Jun 26 '36% July 26 48 ' Jan 3 81% Jan 13 9 Mar 24 Dec 5 93% Jan 25 103% July 13 43 July 3 57% July 13 14% July 26 10% Jun 30 29% Jan 13 '16% Jan H 107% Mar 1 51% May 18 75 63/a Mar 15 l83/a Jan 87 17 64 74 Jan 3 10172 Mar 20 47 Jan 30 10 ' <69 * Feb 7 10672 Jan 11 31% Jan 34% Mar 30 3/4 Jan Mar 15 23 Jan Feb 5 15% Mar 15 24% Mar 1 18 3/a Jan 9 25% Jan 16 1 98 Mar 14 103% Feb 106 Mar 12 108 Jan, 5 19 6472 Jan 2 7072 Nov 18 753/4 Feb 8 6772 Jan 17 70 3/a Feb 24 Mar 6 1674 Jan 8 1474 Nov 27 14 Jan ;2 2874 Dec 28 Jan 15% Feb, 5 313/4 Feb 30 25% Oct 23 see Manufacturing Co page 247a Jan 24. 2 17% Mar 4% Kansas preferred. Kayser (Julius) & Kelsey Hayes Wheel B 26% 93%. 94%; *933/4 r " 6774 ' '"103 . 6% *19 3/4 6% || 67a 6% 6% 6% 20 72 *1972 20 3 8 *1972 t20% 933/4 ♦92 94% 67% .592; 673/4 10172 67% 103 10172 543/4 55% 55 6674 66 74 6772 102 56 *6572 6674 26% 26% 26% 93% 93 9374 *93 327a 32 7a 327a 32% 32 Co conv, class *1574 243/k - *9672 100 City Southern com__No 1 Class 100 —= 6 30% Feb 24 6672 " 63% 20 J . 67% 102 66% 66% *1013/4 26% 57% 56% i 6674 66 f ,26% 9374 100 320 „ .. . 500 70 ■ 57% "* ■ 7,200 66 300 27 26% 27 933/4 93 74 933/4 32 32 3172 ' 313/4 / • 10372 56 933% 2,200 93 7» *66 32% " 30,200 ... ' " 210 2,400 K -preferred.. cum 56 *66 .: *1972 *933/8 1 4% non-cum preferred-, Kansas Power & Light Cox 26 553/4 & Furnace 10 Kansas City Pr & Lt Co com.No par 3,60% 6772 105 " 267a Kalamazoo Stove , 66 3% Dec For footnotes . 'Joy ... 29 257< Sep 15 1037a Apr 10 1097a May 18 *663/4 : 6% 94* *102 par Johnson & Johnson common—.1272 & Laughlin Steel copi 10 '5% preferred series A 100 6% 20 *93% pfd—100 Jones 3 34 *672 ' 20 Jewel Tea Co Inc common—No par 1 33/4% preferred 100 Johns Manyille Corp. _No 29 7 <99 1 No par •Jersey CenJ; Pwr-& Lt 4% 573/4 Mar 21 783/4 Jan ' 5 ' ' 19 Jacobs (F L) Co ^Jaeger Machine Co Mar 16 Mar 15 66 93 16 "7a Dec 18 '95 Mar 22 Dec 30 98% Dec 27 6 25 *' 8 7a Jan 2272 Feb 4 Jan 25 237a July 17 "22 73/4 Jan 18 3/4 Sep 25 963/4 May 15 70% Mar 3 .. *105 par 67 100 8.75 5 , 106 6774 *69 70 16% *14 1572 243/8 98 , A..1 *3072 _1 28 74 157» 15a/8 15% 15% 24 74 24% 24% 24% 98 98 99 *105 106 *9672 106^ 105 67 *69 67% . , 70 17 16% 163/4 147a 14 31 *317s 28 V* 31. 2872 6674 *69 l43/8 283/4 . -16% . 6674 70 163/4 153/a "4 " *96 *105 ,. 98 -106 '105 -*66 74 697i 16% 67 6974 . ... 1.300 6,000 97% 40 106 72 69 74 16% -"T.V, *14 7a 30% 305'8 30% 28 27% 28 3n% 153/8 3/, 147» l43/8 V 27% 153/8 24 72 98 14 14 - 15% 24 7t •» 00 72 69 74 ) fi% 1474 1,300 300 3,600 fi00 31% 2872 l.noo 29 2,000 Volume 173 Number 4997 'X . .The Commercial and:Financial Chronicle . ■ NEW Range for Previous $ per Jtange Since Jan. 1 Lowest Highest I per share share 49y4 Apr 3 75% Dec 28 1 63 V2 Oct 17 24 Jan 13 % July 20 20 42% Mar 15 50 Feb 3 17% Mar 20 19% Jan 10 76 14 25%. Jan 29 ; 76% Nov 24 72 Jan 24 NOV 24 36 Jan 2 Dec 1 100 42% Jan 6 36% Jan 5 62 5 52% Jan 29 56% Mar 13 36 y2 Feb 16 38% Jan 10 Kroger 7% Feb 27 ' r Laclede Gas Co_ 26 20 23% Feb Nov LOW AND HIGH Jan 35% Dec , 27 Mar M|ar !3 44% Mar 21 103 9 Feb 39 Vi Mar 13 Par I per share 72% / 7 Kress . (S H) Co IIII -No & Co (The) * Mar. 2<* I per share 72% PRICES Wednesday SALE Tuesday Mar. 19 70% 70% 71% Friday Sales fee •Mar. 22 Mar. 23 the Week f per share ■4 per share Thursday Mar. 21 - $ per share $ per share 71 71 72 72% 73% 62 62 ' 8,500 ■ 2,400 60% 61 60 % 60 60 V4 60% 23% 23% 23% 23% 23'% *23% .23% 23% 23% .44% 44% 44»/a *44% 44'/4 44% 44% 44% 441/2 477/a *17% 18% 17% 17% 17% 17% *17% 18 *17% 18 EXCHANGE s*75- 75% 76 *75 76 *75 76 CLOSED *75 .61 "75 76 42% 42% 42% 42% 100% *400 ,44% 44 100 41% 44% 100 *99% 100 600 4,500 STOCK 300 17,500 44% 45% 120 GOOD 100 100 % 100% *99% 38% 39 38% 38% 38% 38"% 38% 38% 39 39 54 J/2 par .No par Sharst 62% 23% $5 .prior preferred r_' .No par Koppers Co Inc common JO 4% preferred _„III 100 Kresge (S S) Co AO . Monday Mar. 17 Kennecott Copper. ; -No par Kern County Laud Co -5 Keystone Steel & Wire Co— .No par Kimberly-Clarke. Corp •_ .No parKinney (G R) Co common 67% Feb 13 s 37 July 12 34% Dec 2 101 11 24% July 12 93 % Jan 9 50 79% Jan> 17 Jan 20 67 y8 Aug 35% Dec 70 'A Mar 15 57 v' $ per share 47% NOV 27 13 . RECORD Saturday v EXCHANGE 27% May 24 • 3 STOCK NEW YORK STOCK Highest S per share 45 % Mar 15% Jan YORK STOCKS Year 1950 Lowest (1287) 54% 54% 55% 55"% 55% 55 551/4 55 55% 37% 37 3.7% 37 37'/a 37 371% 37 37 *37 1,600 FRIDAY 1,500 1,800 L 6 7% Nov 24 7 Jan lo 28 7% Dec 20 6% Feb 2 19% July 12 25% Oct 25 22% Jan 10% 12% Jun 22 11% Jan 14% Feb 6 47% Jan 25 42% Jan 51% Feb 9 37 18 34% Jan 41% Feb 5 July 13 3% Jun r Jun 5 42% Dec > 22% 15 Jan 19 40% Jan 25 20- Jan Jan 24 1% 14% Jun 51 10 Jan 10 7% 11% Jan 53 % Jan 19 46% Mar 15 28 Dec 29 2 Mar 14 3 Jan 2 29 xl7% Mar 21 23 Jan 9 Dec 29 Dec 28 5% Mar 14 2 65% Jan 23 11% Jan 15% Feb 24'/a Jan , 9 9% Oct 19 3.85% cumulative preferred Lehigh Coal & Navigation Co Lehigh Portland CemeplL Lehigh Valley RR .Lehigh Valley Coal com No par 2 10% Feh 9 36% Mar 16 Life Savers Corp Liggett &• Myers Tobacco Mar 31 , 173% Mar 15 184 77% Mar 15 Jan 2 Jan , 53 3 Jan 23 7% Mar 22 87% Jan 16 44% Nov 24. 21% Jan 9 40% Jan 23 46 Feb 15 21% Feb 5 71 77% Mar 22 17 23% Jan 13 38% Dec 18 14 % July 12 18% Oct 4 60 % July 26 81 • X81 33% Mar 15 Feb Lion 42% Feb 18% Feb 5 83 Jan 19 21% July 17 28% Aug 17 27% Jan 2 46% Feb 11 13'/4 Sep 12% Jan 2 'Loew's 'Lone 14% Mar 12 1 Aug 22% July 18 28 29 Mar 4 23 % Mar 15 32 lb* -Jmy 29% Dec 34% Jan 174 7 19 3 V 22% Mar 24 38% Sep 17 102% Dec 29 30% Dec 30 ig 170 17 ' 4 32% Mar' 19 3 59% Feb 30% Mar" 15 lU. Ultu 30% Jan ' Lorillard 13 ' 39 reu 5 Feb 19 4 %% 9 Lukens Lowenstein ,IM) " Range Since Jan. 1 Lowest Highest 13- 2% <2% 2% 2'/a 2 19% 19% 19% Xl7% 17% 18 19% common 17 May 8 42 Dec 26 135% Mar 3 143 I Sep 19 18% Dec 19 11% Mar 31 / 4 14% Jan 12% 12% 12% 12% 12% 12% 12% 24% 24% 24% 24% 24 % 24% 24 24% 24% 24% 1,800 1,700 34'A 34% 34 34% 34 34% 34% 34% 11.700 9'A 9% 36 *35% 74% g1/8 175 9% 9'A ,34% ■: 36 35% 35% 73% 74 73% 73% 175 175 Jan Nov M Si Jan 8 142% Feb 26 M Wood 6% 6 20% Feb 17 Mack 32% Jan :t 2 Feb 2 2 10% Jan 510 7% 30 'A Jan 19 12 % Jan 550 5 Jan 28 24% Apr 3 July 20 4: Jan 18 9 9% Dec 17 23% Oct 23 6% July 13 Apr 9% Oct 38% Dec 27 8% July 25 9% Nov 174 52 53 84% 84% 900 41% 41% 19 19 7,500 2,000 80 77% 77% 35% 16% 35% 36 *16% 16% 16% 77% 77% 76% 77% 39% 39% 39% 1,400 13% 13% 26,000 51 80% 80% 81 84% 41%, 41% 40% 41% 40% 41%' 40% 411/4 par 18'A 18% 18% 18% 18% 18% 18% .18% *76% 36% 77 39% 39% 39 *76% 14 :v 13% 14 V; 23% 34% 39 13% 24% 24 16% 77 14% 13% 35% 16% 39% 39% 35% 17 167/a *83 80 77% 35% *76% par *76% 80 .35 16% 35% 17 *76%. 77% 23 % 23% 139 - 4 2 573 161 161 32 32 32% 32% 31% 53% 51% 52% 52 53 33 32 13%- 14 *101'A 36% 52% 52 w.74 *100 36% 36% 36% 37% Mar. 17 v Mar. 22 $ per share ..-*■' ' Trucks Jan 8% Mar 15 37% Jan < Jan 9 25 33% Dec 29 106% Sep 21% Dec 25 101 % Bar 22 18 -17% Mar 15 9% Jan > 13 9% July 19 31 Dec • 30 , 13% May Dec 32 12 8 29 12% July 13 18% Nov 15 24% July 27 31% NOV 22 Feb 175 3 45% July 13 97 Aug 18 96% Dec 22 Jan 10 11% Jan 3 42'/4 Jan 13 87 Mar 30% Jan 17% Jan - 29 > Jari 1 Sep 59 Nov 9 1 57 Jan Jan 12 1 97 100 Jan 30 90 Feb 18 ' 16 3 Master 24 J?n 72 Mar 20 19% July 14 18 \ July 13 39 July 3 ' 30% Dec * •' 16 July 19 99 39% July 27 ' 52 13% Jan < Feb 2 21 7 $3.75 Mar 28 49 22% Mar 22 20% Jan 105 May 9 3 52% Mar 15 .45% Jan 42% Mar 5 101% Mar 14 Jan £ 8 106 % Jan 8% 8% 23 n preferred 18% 12'A 12% 33% 20'/a *20 20% 33% 24 *173 177 66% 67 68 2 000 97 97 120 97% 97% 98 98 *96% 97% 88 86 86 84 88 *84 88 15% 15% 15% 15% 15% *47% 49% 23% 23% 24 22 *21% 22% *21 % 22% 42% *42% 43% *42% 43% 39% *39iA 39% *39 39% Co 2 65% Feb 16 Publishing Mclntyre Porcupine Mines 44% Feb 15 McKesson & Robbins 26% Jan 9 :26% Feb 16 McLellan 19% Jan 19 27% Jan 26 McQuay Norris Mfg Co _lo Mead Corp common No par 4%% preferred (1st series) 100 McGraw-Hill No par __5 Inc_____^__18 Co 1 5 15% Jan. 2 14% Jan 3 32% Oct 11 23% Jan 17 .Jan 5 94% NOV 27 93% Jan 2 100 32% Jan 6 Oct 11 60 Jan 9 67 Jan 26 27% Jail 9 24 Jan 23- 26 % Jan 16 2 21% Feb 8 Feb 9 22% Feb 9 Mercantile 2 Merch & Min Transp 9 Merck 2nd preferred (1st series) __50 *102 103 50 50 103 *49% 58 40'A 24 17% v 99% 63' l 25% Mengel Co I 19%* 63 25% 39% 1,200 *102 1021% 50 49 49% 1,100 38'/2 100 49% *37% 38% *37% 58 57% 57% 57% 58 57% 57% 1.700 40'A 40% 40 40% 39% 40 2.900 24 24% 24% 24% 24% 24% 25 1,600 17% *17% 17% *17% *37% 17% 25% Melville Shoe Corp 110 •39% 40% 37% 17% *17% 25% 17% 25'A 2,000 24 24 *98, 49% 49% 2,400 21% 43% 103 102 103 23 21% *42% 40% 37i/2 58 . 40% 4*9% 50% 47% 57% 37% *36 103 103 47% 22% 39%/ 39% _l 100 22% *42% *38% 10 3.400 43% 22 21 % 90 15% 23% 23 42% 15% 49% *47% 50 * 2,000 98 179 *174 179 _3 L__ 400 33% 66 49% 49 23% 1,700 20% *97 *174 *47% *46% 33% 33% 66% 98% "23% 33% 98% 67 98% No par *20 66 177 67 98 __No par 33 *97 *174 66% .15% 4% 3,900 33 *86 39% Feb - 3,700 12% 33 20 15% 4 64 18% 12% 33 33% 88 4 X21% July 19 18'A 12 7/a 20i/a *15% Stores 18% 33% *86 Electric 18% .331/4 98 preferred 350 12% 33 *97 No par 1,800 33'A 102 18% 20% 98% common 33 20 4% 4% 101% 33 177 1,700 9% 13,500 102% 33% *66% 9% 33% 1,600 8% 44 44 102% 20% *174 8% 8% 44% 33 33% 103 33 5 100 5 103 12% 33% *97 McGraw Mar 20 33 'A 18% cum / 12% Apr v 33% 104% 98 Co .8% 44% 1,200 23% 23% 9% 12% . 10 24 10 1,500 11 *9% 4% 18% 33 11 10% 4% 12% 20'/a 11 800 13,800 ' 565 9% 18% / 33% *540 9% 12% _i 560 4% 33% 39% Mar 22 18% Aug 16 . 103% No par Co 177/a FRIDAY 9% 4% 33% GOOD 17% *4% 9% 103% 18% 49% Jan 82 9'A *4% *32% 37% Jan 2 9% 4% 8% 31% 24 • ,44% 9% 1,100 8% 17% *91/4. 8% 441/4 3,500 CLOSED 31% *10% 24% .44% 3 22% Jan *24% 441/2 21% July 13 * 24% x8% 10 58 24% 8% 21 July 13 25 EXCHANGE 34 101 6,400 8% 17% 10% 44% Jan ' *9% 8% 42% Feb 30% July 17 *10% 10'A *44% McCrory Stores Corp common. 1 3%% convertible preferred 100 8 50% Feb 2 ll'A Vi 33% *99% 34 200 STOCK 18% 18% 101% 3,700 140 31% ,560 11 11 *135 •' 17% 40% *8% 17% 565 , 31% 8% 31 *9 *103 ' '• *39% 18% 33% 10'A *4% 141 *99% 11% ,__l Corp Preferred 9 17% *558 No par $3 19 44 17% 565 *550 No par McCall Corp McCord Corp common. 3 231/4 Jan «■- 30% 34% 101% 1 Co preferred Maytag 47% Mar 16 Feb ■17% 17% 560" 8% 8% 31 31 pfd 1947 series__No par $3.40 cumulative pfd No par 23 27 8'A 34 *997/a 6.25 33% July 13 44 f 40 % Nov 32% Jan .. £ 4 42% Mar 17 Aug 17 37% Jun Jan' 17 43 27% Sep 25 23% May 11 34% 101'A 1 18% 18% *24% 100 May Dept Stores common 31 16% Feb 7% 34'A 8% V 18% 18% *137 141 *10% ±5 L) Electric $3.75 91% Jan 10 (Glenn *137 141 Sharst / -. • ■ 17% 177/a 40 *10 l Shirt 17% 40 fper share ■ i '.. ' 17% 39% *99% 31% , 17% *540 __No par preferred Masonite 101% Feb 101% Mar Co •Mathieson Chemical Corp 183 2 1 ' 18% 19% *8% 50 *137 '•-/ 17% 39% Sale* (m the WMh , t per share ' # 40 34 % 31% Martin-Parry Corp ' 17% May 11 4%% ,/ 18% 18 *39% 101 % .. 10 Bros Martin 9 3778 Feu 97% Mar 20 86 • 29 Mar 22 177 26 5 23% Feb 34 140 *99% Midland Corp__ 5 Market St Ry 6% prior pfd____100 Marshall Field & Co com No par 3 14% Jan-11 / 19 Marine 29 105% Feb. 27 *137 __No par Maracaibo Oil Exploration Marathon Corp 6 Jan 21% Jan Mar'16 185 100 5 Sugar .Manhattan 27 •; .33% Jan 2 10 Feb 38% Feb v 6 5 Mandel 9% Jan X 31% Mar 14 7 4 '/a Mar • .Manati 45 2 100% Aug 19 22 in% Feb / 5 18% Apr 23% Jan 28 12 Jan;16 25% Jan 31 2 Feb 40 *39% 10 5 Inc^„ 18% 18% 100 Madison Square Garden Magma Copper Magnavox Co (The) Mahoning Coal RR Co 13, Js Friday •Mar. 23 r-Thursday . ■ 5 common 1,200 Mar. 21 ; Mar. 20 $ per share 50 37% *37% Wednesday Tuesday. $ per share 2,400 102% PRICES AND HIGH SALE Mar. 19 "'■ 3,000 32 32 101 % Vj VX-'-.: Working Co 53% 3x% Monday <$ per sharp 80 2,200 32% 101% .Saturday * 4,900 33,900 52% bx-/8 36% 800 1°6 32'/a 32 % 52% 32 % 102 % LOW STOCK 31% Ox'/8 * IO2V2 37% 37 5,100 14,600 164 *160 162 162 600 23% 22% 23% 23% 23% 164 101 % 32% 32 102% >101% 10 preferred- 13% Jan 2 22 . Jan Jan • 39a *162 164 *162 270 1,300 51% 84% 50% 50% (R H) Co Inc com_.._No par 4%% preferred series A 100 9 36'/8 Jan 17% Mar 16 2 10 3 19% May Jan Jan 10 23 10% Mar 15 , 13 3 25 : ■ 530 27 16 38 Mar 12 8% Mar 16 12% Aug 30 7% Mar 30 ' 100 4,500 173% 74i/4 174% 80% Macy 103% Jan Jan 14% Apr 35% Dec 105 Mar 30 15 I' 34% May 25 3 12 f-8% Dec 73% 52 100 Co' MacAndrews & Forbes 2 * 28% July 17 101 400 73% 80% *76% 6,500 9'/a 36 % *50% 80 , 9% 73% 175 2,700 174% *35% 175 6 *35% 91/4 36 51% 51% Par 17% Jan ' 139 42 34% 9% 9% 36 74% 175 EXCHANGE 18% Mar 19 2 500 12% 10 $ per share 38% Mar 13 1,900 68% • 28 2,400 •(12% - 11% Feb 8,700 2'/a 18 68% 5% M 36% Aug 13% 12% 13'/a *5% & Sons Inc com__l NEW YORK Highest t per share I per share 12% 68% _i Corp_____No preferred series A Steel 1,300 5% v share 12% 2% STOCKS / Year 1950 f per 13% 2 20 49% 49% 68% ' Range for Previous Lowest 13 r 5% 7% preferred.' .IIIIIou Louisville Gas & JSlec Co (Ky) No par ^Louisville & Nashville * 50* 43% Feb 2 10'/a 49% ' 103 * (P) Co uts 10 49 4,500 66% ; i 10% 10 % ■» 5% Long Bell Lumber (Md) A,.—No par Long Island Lighting Co No par 3 Mar 22 Jan 30% Jan' 4 17% Jun 25% Jan 22 49% Jan ' 21 97% Feb mar Mar 17 161 ' 36% May 23 50% Dec 21 8 , Jan 10 48% 900 24% 301 *98 68% No par Cement 100% 600 60 24 % 24% 24% *99 99% IOC preferred Inc Star 59% 59% 24% 200 1,000 68 __.No par Lockheed^ Aircraft Corp 21 9 39% 5% No par convertible 39% *59 68% —No par ,• Co 3%% 13 2 Jan 75 Oil 39 38% 5% 100 • Co 49 68 % 25 com -Liquid Carbonic Corp com_—No 13 15% Jan Marie- Belt *48 10% 6 -*5% par -5 Tulip Cup Corp Link . 13 17% Jan Lily preferred 49 17 Libby-Owens-Ford Qlass Co Libby McNeill &'Libby 2 *48 10 Lerner Stores Corp 3 13% 48% 19% 19% *12% 10»/4 2'/a- *2 13% 48% 10'/a 13% ■ _1 12% 5 39 13 mm-qn par 2nd>pfd___II_No 34% Feb 82% Oct 48 99% 1,700 *12% *48 10% 48 $3 non-bum 1st preferred., tfo par 27% Feu 45% Nov 20 100% 2,100 *26 60 *24 *24% 12,800 7% 7% 7% 26 25% 39 59% 59% 24 *99 ;T0% 25 59 % 23% 7% 26% 7% 7% 7% 7% 38% 38% 100% 23% *93 10 38% 59% 59% 1 100 *48 39% . 68% 14% July 12 I Rubber & Tire. IIIIII 5 Lees (James) & Sons Co common_i_3 49 5 79 81% Apr *38 .Lee 8% Jan 27 *48 ZZZ_1 33% Jan i 50 Lehn & Fink Products 72% Mar 15 3 49 12% 18 • Aug *48 12% * 9 28% July 26 . 49 preferred 23% Mar 13 57% July 5 28% Feb 27 « 13% 26% 12% Jan 3 187 *12% 26% 14 89% Jan 29 12% No par No par 1 73 Jun 26 Lehman Corp (The) 28 • 7% x25% 10 Oct 177 7 % 26% 18 38 15 7% 26% 8% Jan 2 7% 7% 7% common.: 50c r.cn-cum 7% 7% Lane-Wells Co ' 7% 7% *7% 70% Feb . 30% Aug 25 Dec Bryant 7% 4 (The) 31% Jan 39% Aug 28 3 17 Co 4%.% 22 12% Mar 15 67 15 Lane 18 . 1 pfd_75 Pesos Mex Consolidad 6% Lambert 15 Dec 13% Oct Jan 3 La i 16 3 July 13 19 Feb 100% Feb 15 July 17 30% Dec f Jan 14 Julv 17 9 66 25% Feb 99 7 1 22% Dec 30 4% Apr 20 t Jan 21% Jan 9 25 50% Jan 12 Jun 56 28 Mar 27%. Mar 14 0% Dec 29 i 38% July 13 3 14% Jan ( 62 '/2 Sep 25% May 100% Sep July 13 7 ! . 3 94 - Oct 8 25% 25% 99i/2 99% *98 *61 63 63 25'A 25% 1914 ; 19% 25% 38% GO 300 62 62 25% 25% 25% 2,500 99% 63% *61 64 200 25'A 99% 101 "99% 17% 25 25% 25»/a 251/2 100 25% 25% 1,500 2,000 " 10'/a July 17 1 17% Nov 20 16% Jan Jan 13 53 20 52 Jan 16 *14% Jan 16 19% Nov 27 18 Jan 2 6% Jan 16 42 1 Nov 64 ' 6%'Aug 11 7% Jan 3 66 % Dec 28 60 Jan 27 94 Mar 20 25 34% July 12 24 Jan 2 37% July 17 21 49% Nov 27 48% Jan 4 "' (39%~Jan 13 95% Nov 9 *20% Jan 101% Feb Dec 106 102% July 7 6 101 Dec 107% Sep 110 Apr 30 (10% Jun - 13 8% July 29 3 7 54% Nov 30 139% Nov 18 17% Dec 28 16 24 104% Jan 10 57% Dec July 18 Jan 107% Jan 23 ' 56 Mar 20 '38% Feb 28% Jan 5 Jan 28 125 Jan 100 104% Nov 28 20% Mar 12 28 - Jan 106 19% Dec July 13 8% Mar -74% Mar 101 7 3 15 r 25 12 Jan 13 ' 0% 99 July 17 Jan For 10 Co No par Co Inc common..——50c preferred No par Merritt-Chapmair & Scott No par Mesta 21 17 60% Jan 30 Mid-Continent '53% 18 Mar 15 Jan 2 41% Jan 3 131 37% Jan' 10 Mar 14 - • 139 Mar 3 2 5 5 21% Feb 9 18% Jan 16 30 111% Jan 122 14 Mar 48% Feb 2 Jan 20 46 page 24. 5 21% Feb 41% Jan Dec Machine Co 104% Feb 11 - — — — 18% Mar 15 29 see & 100% Mar 20 Dec 113 convertible lst .preferred.__50 Stores Co Inc__—-3% Metropolitan Edison 3.90% 4.35% preferred series 3.85% preferred series Miami Copper 16 42% Dec footnotes common $3.50 Mar Feb 2 26 Petroleum pfd.ioO 100 100 5, 10 Middle South Utilities Midland ■8% 1st Inc___No par Steel -Prod common ._j5 preferred — 100 j 19% *58%. 60 *19% 20 ' 8% 8 'A 70% *70 *94 96 26 %f 26% *50 51 % 8'A *100% v 19% 58 58 *191/4 19% *8% 8% , 19 *8% ■8% 19% 19% *57% - 19% 19% 60 58 58 19% 19% 19% 8% *8'A 60 1,300 8% 2,600 69% 70 69% 70 70 70% 94 94" *92% 95 *93 94 % 100 26% 26% 26% 26% *26 26% 26 500 *50 »A 50% 50'A 50% *50% 51 51 200 *100% 102 *100% * 106 102 «r ' 100 ♦105% 1001/2 18% 19% 18% 56% 551/4 18% 56% 55% 18% 18% 18% - 70 19% 19% , 19% 96 69% *94 *105% 102 19% 60 106 106 56 .19% 102 *100% 18% *58 ■44% 44% *44% 447/a *44% *136% 137% *136% 137% 136% 18% 17% 17% 100 100 100 106 106 106 101 *99 100 26 *50% *100 40 101% * 106 1047/a *99 20 100 100 18% 19 18% 18% •55% -56% 57% 571/4 57% 2,500 4,600 18% 18% 18% 18 18'A 12,900 44% 44% 45 45 136% 136% 137 137 is y« 18 18%. 45 136% 18 18 400 110 3,800 18% Minneap & St Louis Ry -No pat 18% Minn St P A SS Marie ..No par 14% 14% 14 % 14% 14% 14% 14% 14% 14 14% 45'A 45'A 45 45 45 45% 45% 45% 46 46 *119% 122 120 tab 31 (The) 18% . 3,300 aooJis-Honey well.Regulator— Common 3.20% 1.50 — conv pfd series A 100 120 120 120 *120% 123 3,000 " 121 121% 370 I- 20 ' (1288) The Commercial and Financial Chronicle NEW Range for Previous Lowest Range Since Jan. 1 Lowest Highest t per share t per share Sep 26 9% July 12 67 July 19 S per share 16 Jun 27 % 108% Jan 20 44 19 107 Feb Jan 9 Mar 7 27 18% Jan 2 24% Feb 9 Nov 10 83% Jan 2 93Va Feb 14 27% Dec 27 25% Jan 2 32% Feb 9 34% Mar 20 29% Jan 2 32% Feb 27 73 Dec 28 Jan 9% Jan 10 85 Jan 15% Dec 26 14% Jan 25 16% Jan 11% Dec 22 10 Jan 211/4 Jan 10 13% Mar 3 52% Dec 22 48% Jan 10 4Vs Feb 73% Mar 10 31% Dec 30 21% Jan 19 41 % Oct 6 34% Jan 2 4 13 16% Nov 20 14% Jan 16% Feb 5 10% Jun 25 84 Feb 3 11% Jan 2 15 Mar 22 23% May ll 67% Nov 24 21% Jan 30 13% Feb 19% July 13 49% July 13 12% Jun 27 15% Dec 29 23% Jan 3 9 Jun 29 Jun 29 14 15 Jan 13 36% Jan 13 • 43 Jan 91 91 91 91 *91 29% *28% A 5 Montana 18 Jan 8 18% Feb 16 Mar 20 2 52 Morrell (John) Motorola 2 31% Jan 29 Motor 2 28% Feb 2 Motor 20 18% Jan 25 21% Feb 23 Mueller 16% Jan 2 20% Feb 8 15 15% Feb 26 52% Feb 7 55% Jan 8 18 6 Mar 17 109 Feb 20 Jan 4 23% Feb 4 49% Feb 28 Jan 52 111 2 Feb 60 16 4% % of preferred 4% Mar 20 Myers (F E) 80% 81% 83% EXCHANGE 14% 14%- 141/4 14% CLOSED 12 11% 12% 11% 121/8 68 67% 311/4 321/4 31% 31% 30% 67% 311/4 38 38'A 38'A 38% 38% 38 38 16 15% 15% *19 19% 19% 19% ♦19 77 77% 77 77% 77% 78% 78 78V2 14% 14% 14% 14% 14% 14% 14% 15 23% 23Vs 23% 23 23% 23 23% 23 23% 68'A 68 68 3A 67% 68% 68% 69% 69% 70 16% 16% 16% 16% 67% 15% *18% 16% 16'A 15% 16% 16% 16% 16'A 16 16 ♦16% 17 49% 50 50% 52 29 '/a 29 29 28% 28% 29 29% 27% 27% 28 28 28 281A" 18% 19 19% 19% 19% 7,400 19'A *27% 28 27% 27% 19'A 19% 18 Ve 19 19% 19% 18 3A B 14'A 14V4 1 53 53 *16% ; 'f 2,500 17 51 200 « 51% ' i 16,700 ■ 1 5 . 19% *14 14% 53 100 108% 109% 109% 22JA 22% 21% 19% 18% 141/4 53 com___10 109% 18% 13% 14'/« 53% *53 *28% 19 187A 109V4 109% 2IV2 21% 21% 19 13% 531/2 ♦109V4 110>/« 130 21 % 3,600 47 60 109% 21% ♦47 48 59 60 60 ♦58% 62 60 20% 20% 20% *57% 59% *571/4 5,200 13% 48 48V4 500 800 1,400 53% *47 *47 • 14% 21% 471 48JA 1 ; 29'A 54 ♦53 109'A 22 *47 No par 4,600 1 i 49% 1 & Bros 300 4,800 10,900 16'A 29% 50 1,500 49 10 America 15% 17 50 V2 1 15% 50% *16 10,000 24,700 19% 23% common GOOD FRIDAY 600 16 19% No par 16% 6 61/4 32% 15% 14% 5 66V4 677A 30% 78 No par 68% 67 6,000 3,900 10,600 661/4 *37'A 14'A preferred Murray Corp 80 14% 11% 77% Co Mfg Corp Munsingwear Inc Murphy Co (G C) 27 46% Jan 1 81 14'/a B 3 Brass 2,700 80 fi Products Corp Wheel Corp. 200 STOCK 12 Va No par Co 31% 14% 19 Mulllns 12% Jan Si 29% 31% 81V2 19 Inc *28% 31% 11% *15% No par Moore-McCofmlck Lines Mar 21 28% 31% 141/4 32% (The) 28% 31% 80'A 38 Montgomery Ward & Co 29% 311/8 14% 67% 1.2B 9 ♦28V2 31'A 121/4 38 Co 29% 81 31'A 20 Co common 90 14% pfd_100 conv 2,500 12 5 Tool__. Co 70 20% 31 Va —No par 100 Utilities Power 3,800 92 23% Mar 16 23% Aug 30 52% Aug 30 53% Jun 12 13 Montana-Dakota Jan Oct 113 9OV2 10 Monsanto Chemical 25 56% Dec 108% July 12 90% Carpet Mills Hosiery Co Inc May 24 19 90 »/2 74% Feb 2 40% Jan *89'A 80 28% Jan 19% Dec 13 44 18 13 Jan 15 15% Mar 15 57 Oct 19 42% Aug 24 30% Nov 14 20% July 17 13% Mar 25 12% Jan 29 20% Jan 22 26% Jan 16% Dec 64 20% Corp Machine 20% Sharee 39 106 20% 31 Mojud S per share 38% 105% 39 20% 31 Va Monarch share 107% 38% ♦106 20V4 Mission Development Co Mo-Kan-Texas RR com 10 24% Jan 387/a 106'A 20% Mohawk 2 38% 1061/2 the Week 20% *28% 7% preferred series ^Missouri Pac RR 5% Mar 15 39 108 Sales for Mar. 23 21'A 25 9 Jan Dec~21 77% g per share 38% ♦106V2 Friday Mar. 22 21 '/a preferred conv 39'A 108 Thursday 9 per share Mar. 21 $ per 100 33% Mar 12 73 July 26 2nd 39'A f per share Wednesday common—1 preferred 39% Feb 18 54 f per share 106 Monday, March 26, 1951 . PRICES Mar. 20 Mission 9 Apr Hi/4 Jan 1st $1.50 9 30 Tuerdav Mar. 19 Minnesota Power & Light Co_No par 3 3 $5.50 18 3 416 Jan 73 Monday Mar. 17 Minneapolls-Moline Co ■ALE HIGH Saturday Minn Mln & Mfg common—No par $4 preferred No par . RECORD LOW AND STOCK Par 84 25 YORK tper share Dec July 26 STOCK EXCHANGE 21 27 46% Jan X105 5 NEW Highest 37% Feb 104 YORK STOCKS Year 1950 . ;'v-: •■' •: ! ; ■* 1,400 • ' 300 100 i 200 * N 16 July 13 22 32 May 20 Jan 17% Jan 2 53 22% Feb Dec 21 51% Jan 2 79 23 3 Jan 13 34% Dec 18 6% Jun 31 29 14% Dec 27 12% Jan 14% July 12 12 Jan 23 20 13 30 186 July 13 7% July 12 6% Jun 27 10% Jun 27 29 Feb 22% Feb 13 National 12 National Biscuit 174% Mar 19 9% Jan 24 42% Jan 2 49% Mar 15 9% Jan 2 11% Feb 5 National Container 15% Feb 6 National Nov 13 22 2 15 14% 14% 15 14% 15% 15% 15% 13,400 19% 20 29% Jan 31 10 17% Jan 2 Mar 103 Jan 29 76% Feb 13 Mar 21 185% Jan 4 156 21 150 Mar 21 9"% May 31 31% Dec 22 9 Jan i 2 5 tt 31% Mar 4 % Jan 25% Jan 28 Nov 24 53% Nov 27 29% Oct 9 21% Dec 89 , 5 Jan 1 2 Lead 25 20% 20% 20% 10,100 19% 19% 20 20% 20% 20% 2,500 34% 35 35 35% 34% 35'/. *174% 174 'A 174% 174% 174% 175% 175% ♦174% 7% 7% 7% 7% 7% 47 % 47% 47% 47% 473/« 28% Feb Natl & 7% 47% 47% 47% 47% 13 National 47% Mar 14 Shares 56 Jan 9 National Steel 2 32% Feb 16 National 21% Jan 18 10% 2 25% Jan 23 National Supply Dec 20 24% Dec 14% Oct 28 22% Jan 9 14% Jan 11% Jan 3 X85 Mar 14 8 Jan 89"% Jan 30 25 2 25% Feb •16% Mar 3 10% Feb 2 3 Natl Ref 10% 10% 12%' 12% 12% 14 14% 13% 14% 47% 46% 47% 47% 47 / 10% 10%. 12% 12% 14 14% 47% ir. 47% 4,200 176 310 7% 4,600 47% 2,200 - 10 '/a 10'A 2,200 12% 127A 12,400 14 14% 47% M 47% 2,100 4,200 19% 19% 19% 19% 19% 19% 19% 19% 19% 19% 3,100 28 28% 27% 27% 27% 27% 27% 27% 27% 27% 14,800 21 % 20,600 20% 20% *100% 20% - 20% 102 ♦100% 67 67 65% 175 175 *173 175% *150 154 •150 20% 154 *9% • 9% 32% No par No par *100% 66% 20% 20% 102 20% *100% 67 20% 102 66% 66% *100% 102 % 67% 68 *174% 175 175 174 174% 154 150 150 9% 32% % 65% *150 9% 32% % 102 32% 9% 9 31% % *9 32 % 3A 9% 31% 50 150 30 *9 9 % 1.300 32 , 32% % 6,200 175 150 33% 4,400 \i 15,600 % % Pa 2,11 27% 27 27% 26% 27 27% 51 51 49% 50% 50'A 51 50% 51 50 No par Co 27% 10 (The) Vulcanized Natomaa 10% 12% 100 *30 31 31 31 30% 30% *30% 31 23% 24 23% 23% 23% r 24 86'A ; *23% 86% 23% 86% 86% •86% 23 y. 23% 23 3A 86'% 23 3A 15% 15% 15% 15 Va 15% 900 9% 9% 9% 9% 9% 1,800 *27% 10 com 4%% preferred National Tea Co 15 10% 13 47 10 Corp Corp Sugar 10% No par ex-dlst • 14'A 12% *14 common Lt 27% Jan ' 7% Corp 1 Steel Cast__Nopar Natl Malleable & 6 175 7% National Linen Service Power 20% 19% 34% 100 Co 5 Mar 20 19% 34% 7% 1% preferred A 6% preferred B <9% Jan 26 34% Jan 2 National 19% 19% 34% Department Stores S National Distillers Prod No par National Gypsum Co com 1 $4.50 preferred No par 21% Mar 22 9 Mar 13 19% 350 19% National 174 Nov 19% - 34 % 1 National Dairy Products 2 26% Jan 21 Jan 23% Feb 5 159 July 13 14% 1 50 65 15% Apr 27 71% Apr 4 23% Dec 20 10% July 13 1,200 Co 45% Feb 21 19% Mar 13" 180 Mar 22 72 32% Cylinder Gas Co 7 35% Mar 31 72 32'A 1 13% Feb 29 22V2 Jun 29 72 32% No par 2 102 25 72 31% 10 Register Lines Inc City 9,100 73 32 100 17 22% May 31 4 1 National 20% 73 31% 14% B Jan 27% Dec 11 26 24 Cash 20% 73% 32%: 10 preferred National 20% 20% 72% 32 Fibres Inc—1 common National Can Corp 1 20% 73% 33 Corp Co 13% Jan Jun x% Dec 19 Automotive 11 69% Dec Jan 1% ' *72% *32% -1 11 185% Jun Jan 20 2 7 National 20% 100 1 Aviation 35% Jan 184% Jan 20% Mar 22 Louis . 2 10 7% Jan Airlines 2 July 13 18 National 20% B & St Co 5 Jan 20 % Dec 94% Jan 11 Xl50 Chatt Acme 28 50 July 25 Jan Nashville National 11% Oct July 17 14% Mar 30 35 15 14% Dec 20% July 17 178 Mar 9 35% Jan 17 15% Mar 22 Mar 15 16% Jan 9 10 36 15 Jan Nash-Kelvlnator Corp 18% Jan 32% Jan 17 8% Apr 46% Nov 5% July 13 31 28 Dec 39% Jan 31% Dec 26 175% Jun May 27 2 24 100 24%. -24% 24 % 1 Co *15% ; 86% 5 Fibre Co *85% 15% 86% *85% 24 24% 15% 15% 9% 9% t ' No par *9% 9% r;u5 9% 2,700 27% 51 "30% 7.500 500 30'% 23% 4,900 24 160 700 • t' Range for Previous STOCKS Year 19S0 Range Since Jan. -Lowest Highest 9 per share fpershare 8% Aug 1 14% Jan 13 102% Mar 12% Feb 106 % 10% Jan 15% Jan Aug 11 llVt Jun July 11 99 July 18 10% July 25 *99% Sep 5 Apr 28 *105 , 6 10% Jan 26 66 % Mar 14 Jan Mar 8 17 3 36% Jato 21% Dec 21 21 152 Oct Jun 6 Jtm 26 200, Dec 13 6% Jun 27 28% Jun 27 14% Oct 31 42 62 Dec 12 29 Jan 14 22 •" 26 * , Dec 49 July 17 43% Jun 5 24% Dec 4 15% July 42 "10% Jan 13 , , 21-% Feb 24 18 5 28% Dec 8 39% Feb 33 % Dec 28 Jan 9% Dec 15 *90% Dec 27 106% July 13 8 .. Jun 15% Jun 27 26 28% July 12 95 13 16 Jun 10 20 % Dec 18% Oct 20 9 19% July 11 8 Jan 35% Jan 2 27.: 5 Jan Jan Feb 3 2 2 Mar 17 3 17 Mar .r ; 88%.Tan 5 "94 Feb 23 102 • .Feb N 5% • a 3140% preferred 3.60% 3.90% Noma — preferred " Northern X35% Feb 28 Ry Co Northern Natural 37% Feb 13 Northern Gas Pacific. Ry Co———10 10% Mar 94 % Feb 2 '108% Jan 5 103% Feb 27 Mar 16 14% Mar 22 • 22% Jan 3 26% Jan 5 18 % Jan Common t 16 12 •' $3.60 $4.80 Preferred $4.10 ' No par series——No par, Northwest Airlines Inc common—10' 4.6% preferred Northwestern Telegraph Norwich Pharmacal 85 ,"47% y .400. ' 22 . 47 Ya •82 ; 21% >26% " 26% *28 ty*' 16% 28%":' 88 88 27% • *- • ...51 • 10% ' -44 % 51. *27 ; . 10%r,10% -.■•44% •;^*44- ' '"•♦27 "* . " 16% 26,% , Co.. 22% 22% 28 27% r - ' 26 2.600 26% 96 22% 22% 28 28 ' 2,300 >: 10 22% . , *81% 83% *88% '• f 28 83% : i r -8,200 r 1,900 • 88% " 96 96% V* 97% 10% 10% 10% 43% *95% 43% 50% ' •44 50% 27 Va •• 27 t 11 '/• 1;-*43 50%,- 50%. *27 27'A 98 ■ 10% 10% •44% 87% 18%' 15.% *87 " 33 % 34 . . •".18% 15 y, 87 Va v 18% 200 ":;Y. * .200 250 • 1 •;• , " 4,900 * *800 ; .50% 4,700 27 • ' . 10% 90 , <107 101% <100 32 % 32% 33% 10% 90 7 - 33% 10% x ) *89 x, 10% 90% '87% 87% 32% 33% 32% 32% 33% • 16% 34% 33% 16 • 10% io1/* *89 500 89 V2 107% 107% 108' 108 *108, 101% 100 100'A 100' 100 100, " 14 21% 14 Vs 14 20 \\ 20% 20 % 21% 21% 213A 25 7A *25% 25% *25% 257's 25 V* 2 5'A '16% 16% ♦16% 16% 16'A 16% 16 % 16% 13% 13 % - "10% 10% -90 14'A i6 % *87% ,:87% 108 25% t '14 • 45,600 . •34% . fl35/a ■21% 13% 18% .,"..18% 15% 50 2.50 3,900 ' 3,900 89 50% 32% , 1081 . 17 *93 26% ■•44% 10%.::: 33% r; 91 52% 16%" *81% '96% , .45 "87% 710% .10% *90. •107 21% 51% - ' 96 *93 25 — 21 ' * .-i6%: 16 - 210 290 *86' *27 " 34% , 47 y2 88 84 7 . .>5.18 33% , 34 *100 21% 52 Va " *33 * 21% *52% -16% 1,900 400 88% 27% I V *46 % *84% *300 *80% -;18% \ 18% < - 5,200 17% •~ 18%-- .16% -16% r "■*-87 V"•->•88%" :•/ 700 107 •85 7 ;;; 50%- 51 - '."27% 18% 98 " 212 17 84% V • 96 22% • 106% 400 \ 52% «3% 98 21%: ♦210 48 84% *300 26%*.; 26% 28 100 y.. 21% *46% « 21% 22% /' 47% 21% *93 83% : 7 43,900 84% ' ' 2iy* 21% 21% 52 ;. 95 22% 28 % ' 1,800 .16% 26% 1 95 -.-• 2.200 400 •300 *26% 22 32% 38% 17'A 17%;':; '.' 32% 38% 17% 17% 10 32% 38% 17% 17 53 1,000 2,000 38% 210 '52%. FRIDAY 32% 106% . GOOD • 32% 106% 85 " 800 79 209 .<16% 96 % 20% 79 209 400 ' 21% • 20 79 106% 47% 85.. *300 - , , 9,600 107% 208 53% ' - —J 47% 84%, 107 106% 17% " 12% 100 20 20 5,600 • CLOSED 97% 12% *98% 107% *17 EXCHANGE 107% *77% 79 10 38 y« 38% 21 % 21% 19% 200 STOCK 100 107% 700 12 Vn •96 12% 98 V2 210% 106% 17 32 V. '38 17 »A ' (Minn)— ——No par No par preferred preferred , ',"100 .-——100 Northern States Pwr 'Co • 60 •77% -53% ■;„' :100 -Co————10 Aviation—'——1 Central 21% *208 * — North American 22 100 Ry. com——25 preferred 25 American 19% 79 38 ' &'Western Adjustment North 20 32% *95 Corp_—___—1 Nopco .Chemical Co ' -4 i 20 *77% * Sharee L 105 .38% 97% 12% 107 ! Electric Norfolk 106% 32 %" *96 12% 107 ; f * 4 98 106% 36% , 22 -100 J———100 112% 100 32% .♦300 —No par preferred *96% 12% *98% 82 *45% " : ——100 — •, 38 % 101 20% •16% ——No par .; 38 38 21 Niagara Mhk Pwr Corp com_N© par r Class 39% *99 210% 210% 106% 107 Y $8.75 -preferred *38% 32% 100 Aj series 12% 38 No par common——No par Dock Common i . 20% Shipbldg Corp partlc stock—I N Y State Elec & Gas Corfe— ;ii% Mar 10 46%'Mar io ■ York Preferred i 6 X52% Feb- -5 28% Jan 13 : .10% Feb 8 t. 19 Feb 13 ... 88 ,Mar 6 Louis 11% the Wssh 16% 12 11% Sales fM V # per share 11% *16% : 105 98 12% 11% 16% 106% Friday Mar. 23 I per share 11% *16% *105 / Thursday Mar. 22 11% s. ' . 16% ' ■ share *11% 12 106% 107 *77%' f per 39 *97 12% 16% *105 101 *105% $5 non-cum preferred——No par N Y & Harlem RR Co—sj —B0 N Y. New Haven At Hart RR'Co.lOO , 7 7 Mar & St 12 39 . . 11% 16% 106% 11% 98 ' 12%. __No par —No par Co com—100 preferred aeries A— Y City Omnibus Corp New 1 23% Mar Y Chic 39 *99 Brake 65 N Mar 14 29 , 7 2 8 95 V2 Mar 20 44% Mar 15 19 Ve 19 19% Feb 5 page N 117A Mar. 21 I per share 12 *16% *105 PRICES Wednesday 89 Va 42,300 i ; V ; 60 ' V . i: 2,800 12,300 1 15,500 >•'■ 70 108 Va 520 100 200 14% 20,000 21% 22 . 25% 25% 180 ;• 16 % 16'A 500 :14.900 O 22 see '99 9 49% Jan 30 Ve Jan 9 101% Oct For footnotes 1 10 106 % Jan 28 .28% Nov Jan 15% Mar 15 28 18% Dec 20 Mar 19 12% Jan 24 19% Jan 25 25% Feb 3 22 46 % Dec 100 Central„_ x28% Jan 17 2 89% Mar 22 9 14 July , 106% Mar 35 Ve May 28 26% Feb 90 88 10 16 '14% Dec 28 22% Dec 28 32% Mar 28 17% Dec 16 112% Mar 5 Mar 19 31% Jan 31% Jan 15 21 Air York 9 81 Mar 22 Dec York 22% Jan 100 23% Jun 20 12% Jun 29 104 V4 Dec -68%' May 18 97% Jun ~T09% Dec New New 2 17% Jan 4 15% Mar 15 23 3 17 48 *97 100 17 x *38% 1 preferred 16 18 96% Mar 20 • 4 % % 20 26% Jan 2 83% Mar 19 . No par —100 *11% i6 % BALK Mar. 20 [:'> f per share 106%".; 11% Newport News Ship & Dry Dock—1 Jan Feb 95 Co Jan 25% Jan 59% Jan 20% Jan Oct 49 -"39% Nov 24 v -53% Mar. g •28 ~ Feb 27 • 24 ^ HIGH Tuesday ; Mar. 19 11% *105' Jersey Pr fc'Lt Co 4% pfd.100 Newmont Mining Corp— 10 Newport Industries common :1 12 16% Mar 21 -16 " "*48% Dec Jan Monday * 9 per share *16%; ► New 2 85 " 78% Jan 6 20 Saturday 11% 1 common (J J) com 3%% preferred New England Elec System 2 410 • I Newberry 7 13 3 103% Mar 2e 9 9 Feb -50% Jan 91 Mar 29 "97% Jun 8 98;. July 26 3 25% Jan v 4%% preferred —————100 Nesco Inc 5 Feb 2 31 91%-Dec Neisner Bros Inc 18% Feb . 17 9 Dec 19 11 17 Jan 5 Feb. 15 '24% Mar Nehl Corp 20 17% Jan 12 100 10 73 • 18 Jan 215;;Jan . 27 •28% Apr 18% July 13 21% Dec 15 -«5 Dec 20% Apr 3 Mar 13 41% Jan 21"' 17% Dec 28 - 10 15 % Jan 73% Nov 21 -246% Apr 19 21% July 27 93 Nov Jan 106 ; Feb 38% 40% 26% 236% 156% Mar 14 180 30 19 56 - 31% Mar 15 3 Jun 29 Par 23% Feb 82% Jan , 13% Jan 4 28% Mar 29 Feb 12% Mar •• 2 3 • Mar. 17 ._ 2 Jan 11%. Jan Jan 42% Jan 102 103 90 » , -—, Jan 78 - ' LOW AND STOCK EXCHANGE 12% Mar 12 116 8 ; 18% Feb 9 21 188% Oct ?! *105 3 34%-Get 39% Oct 128 2 Jail 80"% Dec July 14% Jan Mar 15 26 % Mar 29 24% July 3 ' 5 , 42% Nov 25 " r 105% Feb 16 98 13% Mar 23 ,<11% 103 Apr 13 100 104% Dec 18 103% 20 % Nov 22 19 YORK t per share . Jan U 8% Jan .11 38 Mar 9 -v- 13 NEW Highest I per share 17% Feb 10 10 7% July 13 34 58 Lowest 1 24 33 Jan 17 110% Mar 12 27 50 Feb 13 Ohio 21% Feb 28 Okla Gas 20 Jan 8 24. 2 31% Mar 6 97 8 106% Mar 6 8 4.40% preferred 3.90 preferred 99% Feb 25% Jan Jan Ohio Edison Co common 4% Oliver Oil 100 Electric Co preferred Corp 4%% 45% 10 *20% 20 common convertible com *95% No par Co & 31% <108 100 *19% 32 108% 31% 108 317/a 108 31% 108 317A 108 31% 107% 3iy8 108 96% 96% 96% 95% 95% 46 44% 451/2 44 y8 45V8 45 45% 211/e 20% 20% 20% 20% 21 21 Ve 20 *19% 1 287/s 29'A 28% preferred—100 1021/4 1021/4 ♦101 % 20 29 »/8 103 *19% 28'A ♦1011/2 197/8 28 y8 103 *95i/8 <19% 29 *10iy8 95 Va 20 291/a 103 317A 107% *95% 45 *2oy8 *19% 32 107% 96 8,500 110 30 45% 8,200 21'A 1,400 19% 29 29 % 3,700 102 102 % 70 ' Number 4997 Volume 173 The Commercial and Financial Chronicle ... NEW I per I per share 3 113 13% Jan 105 Omnibus 2 28 25% Feb 28 Oppenheim 38% Feb 13 Otis 21% Jan 12 20 27y2 Sep 22 42% Jun 23 33% Jan 25 19 Oct 5 17% Feb 27 82 Jan 14 75 y2 Feb 19 78 Jan 2 79 Nov 27 73% Feb 2 82 Jan 16 21 Jan 6 17 Jan 3 104 Feb 25 98 Jan 16 21% Dec 19 16% Mar 15 2 •7% July 12 13% July 17 Oct 67 20 11% Apr 1 July 12 27% July 11 15% July 27 23 Feb 35% Jun 30% July 26 55% 11 13 Sep 2% Jun 29 ; 36 . Jan 28 Oct 53 3% JUn 29 23 Pacific Coast Co 64% Feb 19 1st Feb 15 2nd prefererd non-cum Feb 100 Mar 16 22 % Oct - Dec 18 3% Jan 18 Ye Dec 25 d Feb 2 34 Jan|11 Park Parke • Parker 2 14 8% Mar 22 10% Jan 25% Jan 8 Jan 4 40% Feb 26 Penick 13 67 Mar 14 74% Jan 10 Penney (J C) Co 30 13% Jan 23% Jan 2 22% Jan 31 110 6 Oct 30 27% May 24 24% Jan 22% Dec 5 26% Jan 64% Nov 27 52% Jan 36 Ye Feb 32 Jan 59% Feb 33% Jan 10 30% Aug 22 4 10% Jun 29 12 7% July 12 28 37% Feb July 13 July 12 6 34 6 105 Jan 11 8 18% Jan 3 25 Jun 4%% 31 •'61% Jan 25 85% Dec 28 82 10 91% Feb 66% Dec 29 60% Mar 15 69% Jan 62% Dec 14 58% Jan 25% Jan 9 102 105% Oct 20 110% Feb 24 106 28 Mar 21 Jan Philadelphia Co 6% 9 Phila ' 4.4% 9 3.8% 4 Jan 110 29 preferred preferred 4.3% preferred 8 16% Nov 22 46 -; 23% Dec 96% May 102% July 23 Dec 14. 58"% Oct July IT IT 107 Jan 3 20 Feb 91% Aug 8. 97 Dec " 28% Dec 4 106 Jun 19 28 20 7 Mar Feb 5 83% Jan 17 96 13 Feb 20 15 Jan 18 Jan 2 35 Feb 17 102% Jan 9 3 104 Jan 23 17% Jan 8 Jan 16 17% Sep 26 15% Dec 27 16v 104% Jan. 4 31 24 34% Mar 23 4 101% Dec 107% Jan Mar 14 95% Feb 16% Apr 9% Mar 31 9> Mar 14 76 Ye Mar 15 80% Dec 29 67% Jan 27 27 56%. Mar 17% Jan 8 , 95% Feb 2 Corp Pitts C C & St LOUIS RR 5 Oct 17 19 % Jan 22 24~~ Mar~6 24 95 30 40 Dec preferred—No par Pitts Consolidation Coal Co —1 Pittsburgh Forgings Co 1 Pitts Ft Wayne & Chic Ry com—100 7% gtd preferred 100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt No par Pittsburgh Steel Co com No par 7% preferred class B 100 5% preferred class A sdOO 5%% 1st series prior pfd 100 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Pittston Co (The) 1 38% Mar 16 29 $5 convertible 42% Jan 24 8 22 Feb Mar 1 155 Mar 21 153 Jan 5 155 Jan 17 Mar 22 174 Dec 14 171 Jan 10 174 Feb 1 40% Oct 7 44% Feb 27 7 140 71 July 17 Jan 3 61% July 25 ' 19% Jun 30 135% Jan 19 17% Jan 25% Nov 21. 37% Jan 25 9 Jan 10% Jan 16 6 18 Jan 2 30 Jan 17 195 Nov 22 200 Jan 11 270 Feb 28 125 Nov 24 83 132% Jan 9 76% Nov 27 74 9% Dec 21 Mar 30 10% July 17 i , 3 148 30% July 17 13 July 28 18% Dec 32 Dec 2. Mar 19 Jan 2 28% Mar 19 30 Jan 141 145 May 16 31% Dec 30 4 25% Mar 19 Jan 18 33% Jan 3 Feb 9 31% Jan 2 98 147 9% Sep 20 12% Apr lo 10 % Jan 3 38% Feb 14 54% Oct 7 51% Jan 2 63% Feb 52% Nov 22 18% Dec 19 51% Jan 2 11% Jun 27 12% Dec 15 16% Mar 8 13% Jan 13% Dec Dec Plough Inc Plymouth Oil Co 12% Mar 14 38 % Jan 16 7% Mar 23 27 July 66 Mar 22 3 ; 13% Jun 27 80 Jan 4 21% Jun 30 16% Mar 14 41% Jan 71% Dec 29 70% Mar 15 80 17 11 22% Mar 15 29% Jan 31 preferred series A—50 Procter & Gamble '—No par Publicker Industries Inc com 5 $4.75 cum preferred— No par Public Serv Co of Colo 10 Public Serv Co of Indiana—No par 4.64% preferred 100 3%% preferred 100 Pub Serv El & Gas com No par $1.40 div preference com__No par 4.08% preferred 100 Pullman Inc No par Pure Oil (The) common, No par 5% conv preferred 100 Purity Bakeries Corp No par 25% Nov 24 1 90 Jan 16 28% May 31 25 Jan 2 Jan 2 Nov '30 Apr 14 20% Dec 19 26% Feb 30 % Feb 2 107% Mar 9 115% Mar 16 85 Mar 20 8 31% Jun 30 26% Feb 27 lOfcff Dec 26 25% July 18 123 21% Jan 25 43 Mar 13 46% Jan 48% Dec 30 10 2 Vijan 103% Mar 21 4$% Nov 13. 109% Jan 2 25 Jan Feb 19 Feb 6 119% Feb 7 30 23% Feb 26 27% Feb 13 Feb 21 107 17 54% Feb 13 47% Jan 8 109% Feb 7 27% Jan 2 31% Feb 5 48 reb 2 Mar 14 159 Jan 22 5 18% Jan 4 24% Nov 24 24 Jan 2 29 Feb 12% Jan 3 23% Apr 18 16% Jan 2 21 Mar 16 2 2 10 82 Mar 80 Nov 25 76% Jan 3% Jan 3% Jan 100 27 Feb 3 July 13 4% Jan 8 Jan 9 99 Mar 19 103 Nov 16 33 Jan 2 40 For footnotes see page 24. 8 5% Feb 103% Jan 10 35 5 Vs Mar 5 1 conv '■ 91% Feb 13 34% Jan 23 13 4%% 19 30y8Feb 95 106% Mar 34% Jan 30 151 73% Jan 10 35 % Mar 15 14 27 Co 19 Dec Oct No par Pressed Steel Car Co Inc com Apr 28 90% Jun 23 23% Dec- 18 Potomac Electric Power 14% Feb 28 1 Pocahontas class B 17 8 103 Creek Poor & Co 19 16% Jan 115% Nov 85 Pond Feb 28 19% Jan 12% Jan 91 1,700 106% 106% 140 141 8% . Quaker Oats Co (The) com 8 6% preferred 100 Quaker State Oil Refining Corp—10 America com—No par preferred No par RKO Pictures Corp 1 RKO Theatres Corp 1 Ralston Purina Co 3*A% pfd 100 Raybestos-Manhattan No par Radio Corp of $3.50 1st *140% 5% 5% 50% 51% • 6% , 27% 8% 50% 52 8% 8% 6 11% 27% *25% 43 43% 100% •98 12 38,000 100 27% 43 *98 1,700 45,800 6% 11% 5,300 100% 8% 8% 8% 23% 23% 23% 23% ; - •46% 47% 47 48 *47% 47% 300 3% 3% 3% 3% 3% 3% 47% 47% 47% 47% 47% 6,300 4,000 33% 32% 33 33% 33% 33 , 47% 33% , ' 8% 3,000 8% 23 23% 7,000 48 -700 33 i 18% X6% 7% *6% 7 Ye *6% 7 , 7 7 2,500 3,600 , 3% 18% 70 5% > 48 47 *25% 43 790 141% 100% 8% 8% 3% 25% 42% •98 i/2 5% ' 6% 11% ~ *140% ; 8% 6 6% 11% 25% . 24 *46 *8% 8% 6% 100% 23% X 52 8% > 43% 42% *98 ' 10% 11 *25% i 141% 5% 51% 8% 6% 10% < 140% X5% , 52 52 ltf.% 10 140% i 5% 5% 1 107 18% 18% 18% 19 % 19% 20% 13,600 8% 6,500 9 9 8% 1,100 22% 21% 39 68% 39% •38% 39% 200 68% 68% 68% 68% 68 % 68% 68% 69 V* 3,800 15% 15% 15% 15% 15% 15% 151/4 15 15% 3,000 26% 27 3,300 9 27% 27 21% 54 54% 33% *32% 33% *32% Xll9% 119% 118% 21 21 11% 10% 11 46 46 *46 ♦102 104 *109 27% 27% 27% 6,800 21% 21% 21% 24,300 54% 54% 1,400 *32% 33% 33 33 119% 119% 120 120 *20 22 100 22,900 21 *20 21% 10% 10% 23% 108% X21% 119 *20 21 *22 *107 55% 21% 53% ... 26% 23% 108 % 27 27% 22 53% 27 . 1,800 *23 i/a 21% 22 *107 23% 10 *107 26% 26% 26% *22 24 108% *107 9 26% 26% 26% *22 24 100 700 107/8 *6% 10% 11 46% 104. 11 tb% 47% 46% *102 104 *102 3,400 104 17% 18% 18% 18% 18% 18% 18% 22 22 22 22% 22 22i/4 22 22% 85% 85 Y* 85 % 86 86 86% 87% *17% 1,700 •'2,200 1,700 *■ 85% 85% 63% 61% 61% 62% 61% 62 62 62% 62% 62% 60% 60% 60"% 61% 62 62% 62% 62 % 570 28% 28% 28% 28 28 28% 28 28% 6,400 25 25 % *24% 28% 25V4 25% 251/4 25% 25% -800 113% 113% *113% 114% 114% 114% 103% 103% 108 108 103% 17 *19% 19 % *153% 157 *170% 173 42% 42% 9% 9-/8 25% 25% *260% 262 84 84% *91 * 92% 29% 29% *145 150 26% 26% 12 > 12% 55% 56 5 5 19 ' 24% July 12 57 1 - 4 10 38 1,500 43 22% *110% 120 21% 21% *93 94 38% 39 ■> Pitts Coke & Chem Co com__No par 92% Jan July 17 53% 42% 32 *38% 16% 100 Oct 14% 53% 43 ft 39% *103 2 NOV 22 163 r ft 53% 42% * *53 16% 14 » 14 *36 *71 Ye 24% *92% 28% 29 % 55 17 14 14% 36% 71% 24% 93% 28% 29% 116% 87% 87% *116 23% 23% 26 25% 104% 104% 43% 44 48% 48"% *108 109% 30% 37% *151 30% 38 152 26% 26 % 20% 20% *78% 79% 3% 3% 4% 4% *99% 100 *37 38 *113% Mar. 20 24% *91 54% 120 *100 103 600 *107 108 10 PRICE8 Wednesday Tuesday -7 Mar. 21 $ per share 9 per share share / 102 108 SALE HIGH Mar. If) , 102 108 AND 114% 2,500 *107 102% 102% *107 Monday 15% 21 '■ 32 53% 42% 9 per 96 24% July ; 3 ft 53 42% 15% 15% 24% 24% *91 92 54% 55 *99 / 100%. *98 10»> *18% 20 *94% 96 78 78% *12% 13% 33 33 % common Pitney-Bowes Inc ft 53 $ per share 110 Jan 426,100 ft < _1 Feb 17 86 11,800 22% Saturday Mar. 17 11% July: 14 Mar 17 •7 1,100 32% 8% 24% 24% 114% 114% *103% 104% *107 108 3 3%% preferred series A 100. Philip Morris & Co Ltd common—&. 4% preferred 100 3.90% series preferred 100 Phillips Jones Corp com No par 5% preferred 100 Phillips Petroleum No par Phoenix Hosiery ——5 Pillsbury Mills Inc common 25 $4 preferred No par Philco 100 9 14 2 100 103% Dec 21 100% Oct 30 25% Feb 90% Mar 20 3 2 19% 32% i Par 49% Jaa 15 1 19% 32% 28 % STOCK Phila & Reading Coal & Iron 19 17% Jan 19% 32% LOW t per share 15% Mar 15 20% Jan , 19% 32% 62% *60% EXCHANGE Highest r f per share t per share 4 84% Jan. Lowest Highest f per share NEW YORK Range Since Jan. 1 Year 1950 11% Apr ia 20 Dec 15 -.- 19 32% 42% STOCK8 Range for Previous Lowest ; 30 19 . 85% No par 100 100 100 $1 conv preference com 23 Feb 106 preferred FRIDAY •38% *46 ' 46% *102 104 18% 183/„ *21% 21% Electric Co common—_No par Jan' X115 3 112% Jan 106% Jun Dec 7 26% Feb 24% Mar 15 116% Mar 23 102% Oct 23 & Co Inc 40 GOOD 39 V, *22% 11 100 5 5 1 25 50 Phelps-Dodge Corp 28% Mar 2 60 39% 9 *20 No par Corp 62% Feb 17 27% May 26 26% Mar 17 5 23% July 20 23% July 18 *58% 40% 39 *52% 53% *32% 34% *121% 121% 33 %c Co (Chas) Pfizer 17 Jan 60 *39% 23 *107 108% 27% 27% 22 22% 50 10 5 100 _100 of America Pfeiffer Brewing Co 3 44% Mar 27 *58% 40% 15% No par preferred Petroleum 22% Mar 12 60 *39% 38% *22 1 100 Pet Milk Co common 7 9 20% Jan 17% Jan *58% 40% 26 % 7 & Eastern Ry Co Pepsi-Cola 105% Feb 17% Nov 24 18 Peoria 3 50 1,200 ♦22% 68% 10 Corp Peoples Drug Stores Inc Peoples Gas Light & Coke 19 48% Feb Jan Jan 107 13 16 Jan Corp Co Pennsylvania RR Pennsylvania Salt Mfg Co ' 27 >2% 9% Jan Sand preferred Penn Power & Light Co 15 24% Feb Jan 18 4 Mar Jan 115 May 19 20% Dec 22 139 July 14 103 6 Cement 5% 6 *38 5 5 25 No par Coke & Glass Penna 18 125% Feb 41% Feb 20 Coal "Penn-Dlxie 6 27% Mar 21% Mar 13 20 Jan 110 9 Mar X106 Penn 15% Mar 16 27% Mar 10 X24% Mar 9 2 10 21 & 7% 18% 9% 23% 3,500 CLOSED 53% 33 -; 7% 18% 8% *22% • No par Ford 36 13 y2 Dec 9 33 No par STOCK EXCHANGE 60 32 3% Peabody Coal Co common 5% canv prior preferred 8 21% Mar 22 Transportation 20% 102 25% ' 42% 47% vPatlno Mines & Enterprises 29 14% Jun 27 3% 47% 24 2.50 •Parmelee Feb 21% Jan 1 Co 16 Dec 112 Proof Rust 20 70% Nov *106%Jun 24% 49% No par Co 21% Feb 28 Jan &c Feb 22 66 Davis 8% Jan 3 16% Jan 18 *47% 1 x6% Mar 20 31% Jan 20 1 Corp Tllford Distillers Corp Utah Consolidated Mines & Park 4% Jan 6 Dec : 48 18% July 26 18 15 29 7% Apr 29 100 1 Refining Pictures vParamount 8 Jan 57 & 5 No par preferred Prod 1 3,600 53 , 10 20% ♦100% 79 *24% 32 53 No par 21 101 200 19% 77% 78% 101 20% 20% 101% 18% Amer Panhandle 5 20% 18 32% , Car *75 78 % 24% 18% Corp com—„10 preferred *19 77% 24% 32% com 19 y2 *75 25% 18% 53.% 42 % 42 % 107 % 107 % *141' 142 s 5% 5% 52 % 52% 8% 8% 6% 6% 11% 11% *25% 27% 43% 43% *98 ' 101 8% 8% *19 ♦24% 32% No par Western Oil 4% *39% 19% 77'A 30 5,400 38% 17% 32% No par Corp 38 Ye Mar 17 July 31 63% Apr 25 11% Jan Lighting Panhandle East Pipe L com -- 9 y4 Dec 8 31 . : 23 y4 Dec 5% Apr 17' 107 * Feb 25% Feb 4 40% 33% Aug 22 9% Jan l(f 46% Jan 22 4 4 23 Mar 15 8 27 46 Ye Jun 16 25 *58% 40% 38% 17% *18% World Airways Inc Pan-American Petrol & Transp Pan - 2 Jan 21% Jan 25 5 24 26% July IT 6 Dec 6 4% -< 25% 38% 600 30 77% 76% *100% • *25 18% 10 ' 48%Nov 18% Dec Shares 11% 103 17% *58% *39% Electric & "-Packard Motor 7 45% Jan - 20 Gas Pacific 104 % Jan 29 25 x40 17% Feb 28 1% Mar 21 12% Feb Mar 15 19 Mar 8% Dec 28 1 6% Mar Mar 20 9 14 6% Feb 8% Mar 16 ■' 10% Mar 14 38 9% Jan 1 3 49% 15 y4 Apr 9 per share 11% *102% 18 17% 25% _100 100 Pacific Tin Consolidated Corp—1 55% Mar 10 2 27% Oct July 20V ' 17% 60 38 76% 20% *24% 38 *75 101% *17%. 17% *24% 5 Rights 30 151% Jan ' 7 20% *100% 20% 20% *100% 101% 32 Pacific Telep & Teleg 6% preferred 8% Jan 17 76% 100 *25 19% 77% 76 25 1 4% Jan 13 34% Jan the Week 12 102% 30 30 37% 19% *75 No par No par preferred non-cum 5 Mar 19 19% 77% 10 49 % Feb Mar 20 37% 75% common Pacific Mills .113 37% 75% Inc Pacific 3 *19 No par com % Mar 14 54% Mar 6 Jan 37% *25 *74% preferred-. Feb .. 6 107 Inc conv cum Pacific 17 37 y8 2.50 Pacific Finance Corp of Calif 11 34% Jan Aug 15 5% Feb 1 Products Pabco 30 12.50 3 44% Mar 20 -18% Apr 102 30 34% Mar 5% Mar 28 ' *25 *"25 No par Fisheries 44 Dec 12 y4 Dec : 102% 19% Feb 26 • 27 Jun • *11% Co Amer • 4% Jan 8% 4 '■ 12 103 2 140 18 : 11% *102% 3 103 26 Dec 12 103 Mfg Glass 4% 42% Mar 17 7 «fe Marine Pacific ' 18 152 12 103 Jan x49% Jan UtVi May 23 98% July 13 11% Co Owens-Illinois 1 11 32 142% July 21 8 Bales fee Mar. 23 Thursday I per share 103% 16% Jan 4 Mar 10 Dec 3 8% Dec Friday Mar. 22 # per share Mar. 21 f per share 11% No par 6 -A Mar 22 28% Apr f per share Wednesday *102% 10 19% Feb 10 Jan 59 ' July~26 48 PRICES Mar. 20 5 Collins 101% Mar 28 17% Jan 2?. 3 49 Outlet Mar 21 21 38 % Jan Sep 1 66% Sep 27 43 Sep 27 7% Jan BALK Tuesday A—100 common preferred Elevator Outboard 14% July 10 72 (The) Corp convertible 8% 5 Jan' 5 July 26 Aug HIGH AND Mar. 19 9 per share Par Feb 102 10 Nov 25% Feb 20% Jan LOW Monday Mar. 17 9 per share share 11% Mar 22 Apr 21 15 3 30 RECORD Saturday , 21 " 10% Jan 65 Jan STOCK EXCHANGE Highest Lowest Highest STOCK NEW YORK Range Since Jan. 1 Year 1950 9 per share YORK STOCKS Range for Previous Lowest (1289) Friday Sales for Mar. 22 Mar. 23 the Week I per share 9 per share Thursday Shares 15% 6,100 24% 12,100 15% 15% 15% 15% 15% 24% 24% 24% 24%. 24% 24% 92 90% 91 90% 92 55 54% 54% 54% *99% 101% *98 100 EXCHANGE *98 100- *98 100 CLOSED 15% *100' 102 *100 *9» 100 *98 54% 101% 100 ' ' *90% 54% 50 92 STOCK 54% *18% 20 *18% 20 ♦18% 20 *18% 20 *94% 96 *94% 96 ♦94% 96 96 3,800 GOOD 78% 78% 77% 78% 78% *94% 78% *12% 13% *12% 13% *12% 13 *12%. 13% 33% 33% 33% 33% *33 33% /33 33% *103 ' 17 *110% 17 103 17 17 *110% 120 20% , *101 103 103% 78 *110 21% 21% 21%* 16% 120 *110 120 17 21% 21% 94 94 38% 38% 38% 38% 38% 39% 19% 19% *18% 19% 19 19% •93% *93% 94 *153% 157 ♦153% 157 *153% 173 •171 173 *171 172 41% 9% 24% 41% 9 9% 23% 25 83 83 *81% 92 *90 28% *27% 28% •145 150 26% 26% 12% 12% *12% 55% 54% •53 16% 17 f •18% 24% 10 I 4,700 700 19% 157 ~30 171 42 9% 24% 9% 6,400 2,800 24% 6,200 42% 261 93 83 83 *81%' *90 92 88% 90 10 83 29% 29 28% *260 *145 27 27% 150 27 *28% •142 26% 261 29% 230 1 ■f : ; 1 20 ! 500 150 26% 12% 12% 12% 12% 55 55% 55 55% 55 *53 6,700 12% 55 543/4 *52% 16% 16% 16% *52% 13% 14 13% 13% 14 14% 13% 14% *36 36% 36% 2,500 55 14 700 < 55 16% 36% •53 55 9% ' ' 94 *260 150 55% 25% ; 1,800 21% 92 261 *90% 24% 24% •260% 261 261 *145 9% 20 1,600 41 171 42% 41% 9% 41 42% 21 40 *153% 157 *171 900 17 120 *93% 94 16,700 103 *101 103 *16% FRIDAY 79% 13% 14 14 14 14% 13% 14% 36 1,100 4,700 8,500 - £ 300 36 36 t 36 71% 72 • 71% 71% 70% 71% 71 71% 2,700 23% 24% 23% 24% 23% 23% 23% 24 7,600 •92% 93% 93 93 92% 92% 28% 28% 28% 28 V* 28% 29 116 *87 23% 26 29 29% . 29% 29 29% *115% 29% 117 116 116 87% 85 87 23% 23% 23% 23% 23% 26% 25% 104% 116 26 26 *85 92% *28 29% 115% 92% 150 28% 1,400 29% 2,000 250 116 85% 140 22% 23% 8,900 26% 25% 26 4,100 86 *85 *103% 104% 104% 103% 103% 103 % 43% 44% 43% 44 43% 44% 43% 44 48 48% 47% 48% 48% 49% 48% 49% *108 109% 108% 108% 108% 108% 108% 30% 30% 30% 30% 30% 30% 1,200 37% 2,200 30% 37% 151 37% 152 37% *108 30% 37% 37% •150 27 151 152 *26 • *26% 26% 26% 19% 78% 20 A 79 A 3% 19% 20% 78% 79 3% 4% 4% 99% •97% 99 *97% 38 *37 37% *37 3% 4% 99 *37 37% 151 27 37 151 *26% 103% 110 . 5,400 14,300 ; 200 151 240 27 200 83,100 20% 20% 20% 20% ♦78% 79% 78% 79% 1,300 3% 3% 3% 3% 8,900 4% 4% 4% 4% 3% 4% 100 37% *97% *37 100 37% 3,300 20 22 (1290) The Commercial and Financial Chronicle NEW Bange for Previous Year 1950 Lowest • per thare I per share 49% Dec 21 36% Dec 30 13 20% Jun 29 28% Dec Jun 19 39% Feb 9 30 July 10% Jun 32% Feb 44 Mar 14 37 18% Dec July 17 12% Mar 30 $2 Feb 15% Jan 18 Rayonler Inc Feb 32 8 Reading Silk 2 20% Feb Reed ?1% Jan Reeves 9% Mar 14 19 12% Feb 8 28% Mar 5 Reliable 9 Reis 7 Jan 6 9% Dec 16 22 Feb 9 28% Jun 22 12% Oct 23 8 July 3 Aug 1 10% July 17 85 93 % Aug 66 Jan 20 3 Jan 11% Mar 21 62% May 15 14% Feb x25 59 Jan 20 14% Jan 2 22 90 13% Feb •64 6 2 Feb 98 10% Jan 13 19% Dec 27 18% Mar 15 22% Feb 6% Jan 25 16"% Dec 28 12% Mar 15 16% Jan 9 July 13 5% Jan 30 3% Mar 14 4% Jan 4 1 2 10% Feb 13 41% Mar 14 49% Feb 2 3 8% Jun 30 11% Feb 23% Jan 13 47% NOV 20 9% Jan 17 Reo Jan 117% Dec 30 32% Nov 24 13 14% Jan 3 7% Nov 20% Jan 43% Dec 13 Jan Dec 9 Jan 13 10 37% Feb 10 Feb 5 11% Jan 29 2 Mar 13 105% Jan 16 Jan 19 28 Jan 36 42% Jan - 98% Jan 33% Feb 50% Mar 15 58% Feb 11 23 Jan 10 30% Feb 7% Jan 2 9 Jan 11 30 35% Jan 2 42 Feb 17 Jun 22 16% Jan 2 20% Mar 31% Jan 10 93% 20 23% 31% Dec 27 107% Nov 27 107 May 12 19% Feb 18 23 Mar 13 15% Jan 1 Feb Jan 105 11 33 % Mar 15 107 23 Feb 17% Mar 22 43% July 28 July 13 28 20% Jan 61 May 11 12% Apr 1 13 47% Jan 3 60 8% Jan 3 12% Feb 2 23% Feb 24 16% 18% 18% 19% *185/8 19% 18% 185/8 18% "17% 17% 17% 17% 17% 17% 17% 17% 17% 1,700 1,000 9% 9% V'/' 9% 10;-/ 10 10 10 *26% 27 26% 27 11% 11% 11% 11% 61% 61% 61% 1 27 27% 11% 11% 11% *615/8 62% *615/8 17% 17% 17% 173/4 17% 100% *96% 100% *96% 100% *97% 19% 19% 19% 19% 19 19% 19% 13% 13% 12% 12% 12% 12% 12% 3% 33/4 35/8 33A 3% 33/4 3% 11% *61% 62% 50c 17% 17% *96% 1 50c 10 preferred *10 10 Vb 43% , 41 % series 33% 100 100 * 113% 30% 30% 31% 7% 42 7% 7% 7% 41 % 42% 152 "10% *42 ' 93% *92 93% *91 108% 108 108% 108 31% 31% 53% 31% 52% 51% "•"* 27% 27% 28 7% 7% 39% 19 19% *32'A 33 *101 "A 104 *104% 105 1 15% 16 1 22% 23 7% 39% 19% *58 _5 52% 28% 51% v 7% 39% No par 32 32%. 19% 32% 39% 39% 105 *104% 105 15% 16 15% 16 22% 23' 58 58 19% 32% 100% 22% *57 10% 10% 7' *104% 9,200 39% 700 19% 32% f 32% 102% 102% 105 16 400 7% 19% 32% 101 *104% • 16% 23r 23 23 58 58 59 10% 10% 10% 9,100 1,200 800 17% 22% 58 <: 105 16% ;• 4,900 28% r 39 19% 32% 101 330 1,500 53 7% . ; .32% *28 > 39% 19% 93% 108 32% 52% 28% 500 9,600 45 *91 53% 52% *28 1,460 34 107% 7% *104% 17,300 10% *42 : 32% 7% 32% *10% / 93% ♦ 7% 100 % 44% 158 33% 108 31% , 101 101 59% 10% *10% *39 17,700 43% t . 45 400 9,000 7% *10 *42 9,900 7% ;■ 33% 45 114 157 33% * 31% 10% 34 GOOD FRIDAY 31% 43% 33% *42 114 156'A 108% 28 ' 43 10% 45 *92 42% 154 10% 19% (The) 42% 153 * 10% 34 33"% . 151 10% 39% (Jacob) *10 113% 30% _1 * 21.300 *112% 31 7% Inc 43'A 43% 20 Works 900 10% 42% 114 94%' 52% Controls 10% 10 31% *27% * 2,600 10 107% par 12,600 3% 42% 31% par 2,700 13% 3% 7% 33"% J ; 45 *92 ' 19% 12% 3% 42% 107% 1 19% 13% 43% *149 50 19% 30% " 900 17% -*112% 10% 200 CLOSED 100% 10 114' 400 EXCHANGE 27% 17% 10% 7% 4,100 STOCK *96% 42% 152 *42 17% 100 10 42% *10 _10 62 *26 31% 7% 150 10 *26% 7% 31 1 . 43% 114 *112% ~ 100 series— 9%:; *26% 11% 100 Corp Inc 300 11% '61% 3,500 10 No par -5 *9% ' 17% 10 3.60% Co *16 *18% common Metal Shares 18% 23 No par 4.50% Ruppert 600 16% Manufacturing Co Ruberoid 21 200 163/4 preferred* Royal Typewriter Mar 22 200 17% *15% . Art 34% 16% Convertible Ronson 34% *15% 25c Robertshaw-Fulton 2 109 % Feb 42% 17 " *16 fRochester Gas & El Corp—No par Rohm & Haas Qo common 20 i% preferred series A 100 2 42% 43 Steel Mills 30% 34% 1 convertible Robbins 30% *41 ,Richfield Oil Corp— No Ritter Company * a._No Roan Antelope Copper Mines 9 30 29% *32% Preferred 24 14 283/4 34% Motors Inc Rheem 21 285/a 42% Preferred 23 108% Mar 19 28% 42'A common Common 5 28% *32% preferred 5%% 36 43 Reynolds Spring Co_ Reynolds .(R J) Tob class B 4 30 14% Dec 19 8 162 Dec July 13 60% Jan 13 July 3 8% Nov 13 Mar 17 Feb 24% Dec 28 102 45 53% Dec 13 19% Mar 24 Jan 2 Jan 95 30 5 49 35% 34% Corp com No par 6% conv prior pfd series A..100 Revere Copper & Brass com_No par 'Rexall Drug Inc ; 1 2.50 Reynolds Metals'Co cdm No par 5 8% Feb 49 36% *42% series Republic Aviation Pictures 31% Jan ,30 Mar 15 41 2 Dec 30 3 12 10 Jan Jan 33% Jan 7 108% Jun 14 15% July 4% Jan 25 139 99% Mar 31 5 104% Dec r 25 18 50 27 94% Jan 38% Jan 118% Jan 10 23 Jan 4 Jan Dec 39% 15 39% Dec 7 13% Jan 15 32 28 % Jan 6 150 3 8% Dec 100 112% Mar 15 24 July 13 5 49% *35% 363/g 48 *32% ' 103 *35% 34 Corp Co common Mfg Republic 36% 43 preference Republic $1 48% 36 Co— pfd'3%% $4.50 . the Week __50c Remington-Rand 23 Sale* for Mar. 23 t per share *33 , prior Stores Conv 18 % Mar 10 11 V Jan Feb Fridav Mar. 22 48% 48% 48 Thursday $ per share preferred—50 preferred—50 Mills 5 2nd & dlv Monday, March 26, 1951 t per share f per share 28% Inc (Robt) $1.2„ 9 per share Mar. 21 *42 % Roller Bit Co Bros . PRICES Wednesday 36% < SALE Mar. 20 49% 36 Vo 1st Hosiery Reliance 17% Jan : *49 HIGH Tuesday - 50 common non-cum Real 19% Feb 10 Co 4% • ;—1 AND Mar. 19 9 per share —25 non-cum Monday Mar. 17 :/;■■;;/ common 4% Saturday •« . RECORD LOW STOCK- preferred 16% Mar 14 21 20% Dec 15 13 8 16'A Nov 30 10 37% Feb 27% Mar 15 STOCK •Par 54% Feb 39% Jan 34% Mar 22 YORK exchange tper share 47% Jan 2 35% Mar 22 30 35 3 NEW Lowest tperthare *24% Jan 25 30 % Jan Range Since Jan. 1 Highest • Highest YORK STOCKS . . 10% 12,300 23 3,300 -60 1,000 10% 1,100 S 26% July 12 99% Dec 22 39% Nov 24 99 % Dec 28 97% Mar 20 34 55 Nov 20 42% Mar 15 51 Mar 24 35% Jan 18% Dec 7 23% Oct 9 21 Jan 9% Jun 27 24% Dec 21 22 Jan 42% Jun 30 62% Dec 60% Jan 21 128 Jan 26 240 Dec 8 88 Jan 24 140 Oct 3 7% July 13 85 Apr 96 94 Feb 105% Feb • 28 Jun 84% Jan 104 Jan 20 30 Safeway 6 2 22% Jan 12 St 10 30% Feb 2 St L San F Ry 10 10 71% Feb 5 Jan 13 126 /: Feb 2 246 13% Mar 9 31 Scott 101% Sep 100 21 112% Sep 18 33% Dec 27 V 96 Oct Nov 14 102 Feb Mar 13 107 Jan- 24 8 25 89% Mar 19 112 Savage 3 Jan 33% Jan 17 115 105 Feb 16 Jan 2 38 26 95 Feb Jan $3.40 16 Mar 27 13% Jan 2 4.30% Mar 2 5 92 Mar 20 Jan 3 50 Dec 22 47% Jan 10 59% Feb 13 60 Jan 3 83% Nov 20 78% Jan 25 87 16 2 16% July 26 47% Jan 25 82 10% Jan 17% Dec 27 55 83 % Mar 16 , 21% Feb 2 17% Jan May 11 74 58 Feb 14 18% Feb 8 15% Mar 8 10 Jan 2 11% Jan 89 Jan 3 $ per share f per share 33 % Dec 30- 34% Oct 3 46% Aug 28 35% Feb 9 37 Jan 25 6 105% Jan 25 8% July 12 15% Jan 7 18% Oct 2 10% Jan 23 10 Jan 2 29 % Feb 5 56% Oct 23 51 14% Oct 12% Jan 2 11 10% Jan 25 24 % July 12 4% Dec 29 Oct 17 35 Mar 15 4 29% Mar 21 21% Feb 15 42% Nov 10 41% Jan 8 34% Dec 30 x34% Jan 11 62 % 75 Dec 30 July 13 3 33% Oct 75 18 28% July 13 25 Jan 88 Mar 28 3 102 Feb Mar 14 Jan 12 16 6 Jan 35 Feb Shell 16 Skelly 38 3A Feb 16 38% Feb 5 23% Feb 5 76 % Jan 23 92 2 80% Feb Jan 6 94 Feb 22% May 26 21% Jan 2 25 Feb 25% Nov 24 25% Mar 15 106 Jan 28% Feb 2 20 3% Jun 29 118% May 24 5 % Dec 30 7% July 25 60% Dec 22 36% Jan 11 Jan 113 120 Feb 5% Jan 18 9% Jan 8 51 Jan 4 17 52 % Jan 55 % Dec Feb 1 Jan 3 45' 36% Jun 12 x33% Jan 3 35% Mar 13% Mar 16 11% Jan 2 12% Jan 30 Southern- 21% Feb 24 South 10'A July 12 18% Dec 18 30% July 12 49 Jun 32% Feb 27 11 45 30 42 64 % Feb Jan 19% Jan 2 35% Jan 2 63% Mar 15 51% Dec 74% Feb 5 50 64 9 27 Jan 10 44 % Mar 21 Feb 29 70 68% Jun 28 67% Dec 27 67 Jan 4 14% Oct 75 % Mar 13% Jan 2 16% Feb 6% Jan 2 10% July 12 4% Jan 3 5 Apr Jan 3 20% Jun 26 25% Jan - 3 8% Mar 30 66% Aug 1 15% July 5 29% July 26 106% Jan 20 25 July 13 89% Jan 31 4% July 13 47% Jan 3 121 136 July 13 July 13 Dec 10% Feb 5 60 9 23% May 25 40 Apr 11 67'A Dec 21 63% Jun 09% Dec 28 8% • 26 15 7% Oct 81 Oct 68% Jan 13 6 6% Mar 20 17 26 Dec 77 100 28 33% Dec 18 13% Dec 28 113 Mar Nov 30 ' 3 30 24% Oct 23 96% May 24 10% Dec 8 77% Mar 27 160 174 For footnotes see Mar 22 Mar 22 page 24. Jan Jan 25"% Jan 85 Sep 25 21% Dec 11 40 15 75"% Feb 10 9 27 • 101% Nov 15 - 3 29 17 105 Feb Mar 27 5 29% Feb 13 34% Jan 5 14% Feb 9 81 9 Jan 36% Jan 17 3 2 26 Mar 16 22% Jan 2 93% Mar 15 9% Mar 13 68% Mar 14 142 7% Jan 8'A Jan 80 2 19% Jan 106 30 Mar 14 11% Jan 77 Mar 22 158% Jan :y & 25 Feb Gas Ohio Stk 75% 75% *18% 32% 39"% $3.50 preferred Stand Gas & Elec *106 Inc 4 19% Co f AND "/ 75% HIGH - 18% 18 553A 56 17% 173/8 173/a *14 tr 10% 88% SALE 323/s 33% 33 33% 41% 41% 42% 42 39% 42% 39% 39 39% 5,500 38% 39% 39 39% 4,900 *105% 107% 11% 29 >105% 11 11% *28 30% *28 54 54% 54 11% >■ 107 *105% 17% 17% 10% 55% 54% 55% 17%: 173/4 17% GOOD 4,700 10% 10% 103/4 10% FRIDAY 2,400 4% 45/8 45/8 4% 4% 4% 33% 32% 32% *47 V 36% 80%' 47% 47 36% 47% *46% 37% 36% 36% 37% 80% 78% 78 % 78 78 4% 33 48 ; 38% 78% 33% 34 *33% 21 21 21%' *76 78 1,000 213/a 1,600 77 *75% 400 77 *92% 93% *92% •93% *22 % 160 23'A *223/8 23% 223A 23% 400 26% 25% 26% 25% 26% 25 % 26% 263/s 27Va 116% *114% 117% 28,700 4% 4% 4% 4% 43/4 4% 4y8 43/8 8% 8% 8% 8% 8% 8% 8 5/8 8% 56 54 : *50 59 '*43 54 59% 44% 115 *50 59 % *43 59% 44 *43 34% 34% 34% 34% 11% - " 11% 11% 11% 11% 21% *20% *21 1. 21% 42% 20% 43 43 66% 67 55- 55 *69% 74 15 1 7 *6% *26% 31% - 12% 22% 1 42% 42% *104% com___No par 23"% *93% 10 68% *144! 163% 6% 6% 82 104% 26% 26% 31% 31% 4,400 59 900 44 343/g 4,600 11% 32,100 " 11% 11% 11% 20% 20% 20% 20% 43% 44% 44 44 66 66% 66% 66 68% *73 14% 6% 6% 53% 68% *73 14% 543/8 , 69 74% 15 6% 103 *6% 82 103 78 53% 54% 69 % •69% *73% 14,100 74% 10,000 600 15 *143/4 15% 900 7% 6,000 65/a 300 7% ' 63/8 82 *101% 103 26% 27 31% 31 3/8 7% 6% *78 *101% 82 103 40 " 26% 26% 31% 313/4 *27/ 31% 13% 12% 13 12% 13% 12% *79% 80 79% 7934 *793/4 21% 21% 21% 21% 21% 21% 21% 42 'A *104% 42% 42 42% 42% 42% 41% *104 600 2,000 %1 74% 7 63/8 *78 69 79% 107 3,000 54 33% 34% 500 43/4 8% *43 13 • : 58% 44 34% 118 *51 593/4 79% . 80 107 11% 70 *103 31% V . 53% 15 54 59'A *43 66% 6% 27% *50 ; *116 21 VB 65% 74% 117 '/a 43% 53% *78 104% 117 - 43 66% 6% 7 21% 343/s 54% 15 7 *92%- 93% 44 53% *73 82 13% 43% 34 54 ■f: 59% 69 " 15% *79% . ■. 116% 65% ■ 70 *72% „_1 No par 36 %1 33% 21 93% No par :• *76 36% 333/a 21% 22% *50 1 prior 36% 34 22% *103 $7 1,300 93 pfd.100 8 79 46,400 93% *78 Feb 200 38% ' 8% 1 172 1,800 48 385/8 4% No par No par 3,200 116% 100 No par 5,500 26% Inc.—1 com__No par 36% 100 23 *22% _25 prior 35% 2,800 CLOSED 78% .'. EXCHANGE 33% *46% 791/4 35% 78 11% 30 33% 48 37% 21 % *76 11% *29 33% *47 '■ 34% 78 : • 33 10 11% 29 17 % 55" 33% STOCK 54% 10% 4% 106 29 ; 17% 10% • 106 ' 17% • 107 5,300 11% 29 10% 4% • v 11% 36 preference Shares 32% 41% 20% $4 Salea for the Week f per share 31% 36 $6 Friday Mar. 23 t per share 42 34% 1 - Mar. 22 I per share 21 8 Thursday Mar. 21 37 Feb 6,600 PRICES Wednesday 34% 160 1,800 10% *87% *34% com_4.50 common 143/8 10% 88% *36% :__2 500 32% 10% 93% 14 10% *87% _20 ctfs 14% 600 10,200 41 17% *76 500 200 18% 55% v I per share 4,400 1,800 18% Mar. 20 54% 21- 83% 17% Tuesday *33 " *81 55% 1 10% 17% 10% 4%' _5 *74% 88% 54 Ll No par preferred preferred x32 107 11 *27 —No par preferred Brands *88 9 per share 40 No par Standard 10'A - LOW Monday ___5 Sons 10% Mar. 19 9 per thare .1 15 Xl9 88% ' < 75% /. 14% 10% *88 33 42% Co & 14'A 10% Mar. 17 EleC—No par Co 7.50 preferred 1 1 75% No par 8 13% Feb 19 42 Spencer Kellogg & Sons Sperry Corp (The) Spiegel Inc common $4 19 Saturday common__No par preferred 100 30 78% Feb & Gas 26% Feb Mar 191/8 16,200 83% 19 > Platinum——1 Co 103 % Jan 96 19% 14% 100 Spencer Chemical Co 4.60% (E. R) 2 19% 83 JlO $5.50 preferred Squibb Mar 19% *81% ../ 14% 25 non-cum 43 83% 14% Co com__20 Spalding (A G) & Bros Sparks Withington Co 1 Spear & Co common D 82 % 88% Railway Square 82% 14% 10% ^_5 Southern 22% Feb 27 84 *87% Edison Pacific $4.50 83 57% 17 % ^50 Natural Conv 84% 56% 19 i 56% . 14% 57% 17% 1 Co 14%* 83 % 56 55 Iron 143/4 *81 55% 17'A (The)—__1 Co 14% 83% 56 No par 25 California & '14% 17 'A :__No par E & G Indiana 5% 14% 55% . 10 116% 55 18% r_No par __No par & *116 *81 55% Par 1,200 90 55% 55% *17% - No par Steel 116% ~10 343% *89% 83% 19% Corp— 343/j 90 , 75% . 106 55% - j Southern Mobile * 14% *18% Co— 34% *89 *116 1,000 99 ♦103% *80% No par G) 34% 90 118 *97 106' 84 No par Steel & Southern - 34% *89 *73% * preferred Southern • 99 103 % 19% South Porto Rico Sugar coin-No par 3 18 '8M4 14% 14% 15,300 45 -*116 3* l 2,100 353/a *97 * 106 19 % preferred 3 89% v; 118 to* 18% 353/a 44% 55% , Corp Carolina 39% Sep 28 31% Dec 6 89% T *116 99 18% 35% 44% *83% Socony Vacuum Oil Co Inc ..15 Solvay American Corp 4% pfd__100 5% / 91, 34% 19 35 *80 —1 Pen South Amer Gold 5 *103% 18% 70 44% • *55t. 4.20% preferred 1 100 Smith & Corona TypeWriters.No par South 106 34 %i 35'A " ' 2 53% Jan r • 13 4% Mar 20 8 % Jan 28 53% Apr, 14 Mar 15 1 *103% *97 76% "" (A) & Sons Cpt 3%% preferred 8 14 99 18% *18% ' Co O) (A *97 118 1 Smith 5 4 Feb Smith 120 35 *14% 1 ; Sloss-Sheffield 1 23 16 A) Oil Oil 923/8 *75':: St Gas Saw Sinclair 17 Jan 91% 105 *89%- L5 STOCK Co Slmonds 5 39% Feb 85 92% No par Corp Mfg Corp— Simmons 18,200 92% 35 No par Oil Shsller 17 53% Feb (W 92% No par (Frank Sheaffer 13% *92% 105 100 preferred cum 92% 99% Sheraton Corp of America Sliver King Coalition Mines 8 25 8 $4.25 , 17 33% Mar 14 / 19% Jan 17 36% May 29 17% July 13 76 31 & 92% *97% Corp Dohme common Shattuck 17% Mar 19 11% Jan Oil 94 35% Steel ' 3% Mar 13 29% Jan 58% Feb Sharon Sharp 19 14 108 • 9 12% Feb 13 2% Mar 31 YORK Shamrock . 2 2 6% Jan 3 42 % Jan Jan 11% Dec 26- ' .3 46% Feb 2 13 44% No par : 31% Mar 14 13 18% EXCHANGE 32% Jan 108% Apr Dec NEW 12% 44% Co $ per share 14 Nov :.•>/ Highest *120 12% 34% STOCKS Range Since Jan. 1 Lowest 126 12% 18% preferred . Highest 24 $4.50 122% 13% 44% Seeger 4 8 126 122% 12% 35% ' 87% Jan *120 300 13% 18% *116 4,300 3,400 217 44% 100 633/8 *207 35% —No par 25 63% 217 19% Servel Inc common & 63% 39% 98'A *208 44% Refrigerator Co Seiberling Rubber Co— Roebuck 25% 64 5 8 *21 38% *98 217 35% Del 8 Sears *207 18% __1 of 25 14% May 31 25 *92% Seagrave Corp Co 1,800 130 44% A 51% Jan 27 Aug 14% Jan 15 98% May 17 July 25 series 16% Jap 12% Jan 27 88 22% Jan Oil 9,900 64 *63 % > 217 25% 35% vtc com 24 Nov 28% Sep •- Seaboard 26% *207 21% 25% 63% 63% 64 - 21 ,. 5 Seaboard Finance Co 12 400 *120 ' Jan 21% 26 21% 25 V2 130 100 Line preferred 21% 21% 25'/a 38% __1.40 preferred Air 21% 25% 21% 26 % . > 217 (The) May 20 13% Nov 30 20 24% Jun Dec 5% 19% Mar 19 91 6 I per share 20% Jan 3.35% Seaboard 43% *63 ■///'.■/;•'W-.'.. ".v;:;:.-":;:-. com 8 Co 8 Year 1950 34% Jan 14 43% *207 100 v" Elec 43% 37% No par 17% Jan Range fcr Previous: 105% Feb Feb 29 Lowest 33 3 Mar 14 89% Feb ■' . 00 43% 38% ___No par preferred Scranton 9"% 43% 100 preferred Mfg Co common 3.65% preferred t 98 43% 13% — common Scovill 12 15 Corp. -$4 preferred • 7 123 Arms Paper Co 38% 97% 44% 5 Schenley Industries Inc__ 14 41 , 33 % 98% 43% *120 100 47% Feb 34% Mar 15 25 19 86% Jan Dec preferred St Regis Paper Co common 1st* pfd 4.40% series A < /■A 8% Nov non-cum x37% x97% 25% series A 5% vtc_„_100 Southwestern Ry Co 100 Louis 5% 38% 98% 45 *21% Co com vtc__Nopar 41 % Jan 20 * Preferred St 8 Feb ! 10 96 47% Nov 31 100 - Lead Co 21% Jan 39% Dec 12% July 12 88 preferred St Joseph 18% Mar 14 Jan 38% 98% 44%' Joseph Light & Power Co.No par , 4% ' : 91% Mar 22 7 July 17 14% July 28 5% Jan 3 5 common 9 4 9 -40' Stores 20% May 24 6 6 Oct 9 Feb Mar 14 11% Jan 39 % Mar 101'% Jan 122% Mar 20 12% Dec 29 12% Jan 13 28% Sep 1 38% Aug 1 ' X207 16 107 *104 107 *104 27% 31% 600 3,200 13 % 17,500 80 140 21% 41% 3,100 1,000 107 24% 23% 23"% 23% 23% 23% -23% 235/8 •23% 94 93% 93% 93% 93% 93% 93% 93% 10% 69% 10 68% 10% 9% 9% 93/4 10 954 933/4 9% 69% 67% 68 % 69 68% 683A *143 68% 145 *162 163 5,660 145 *142 145 164 163 163 260 „ 144 , 144 142 142 162% 163 162% 162% 16,200 6,500 300 1,100 Number 4997 yolume 173 . YORK NEW Year 1950 $ per Range Since . 42 Vb Feb 14 30% Dec 25 92 Dec 30 25% Jan 4 35 Dec 18 104 18 VB July 13 26 Dec 6 12% July 14 July 12 98 Feb 21 30% Apr 27 18 Standard Oil of Indiana 25 **61% 61% 60% 61% Feb 13 Standard Oil of New Jersey 25 101% 102% 100% 101% 38 Feb 10 Standard 53 Sep 28 14 10 24% Feb * 9 56 % Feb 44% Feb 16 15% Feb 4% 13 2 3 Jan ' 2 2 Oil Steel Sterchi 4 3%% 49% Jan 17 Stevens 19 % Feb 2 20% Feb 8 41% Mar 14 15% Jan 2 16% Jan 2 17% Jan 4 - 27 19% Jan 2 24% Feb 36% Oct 7 27% Jan 2 35% Mar 71 7 42% Jan* 9 53% Feb 17 Sunbeam 10% Jan 2 12% Jan 27 Sun x97% Mar 14 10 % Jan - 11% Nov 24 Feb 7 4 72% Jan 19 10 119 % Jan 17% Dec 19 17% Jan 10 21% Feb 19 99 18 23 20% Dec 19 29% Jan 49 63% Apr 35 19 3 15 Jan 18 Mar 14 4i0 Feb 9 Nov 9% July 11 Jun 3 Feb 10 122% Jan 18 40 Jan 8 16% Jan 19 10% Oct 25 15 12%. Jan Wov 17 7% Apr 18 5 29 25 __5 81% Jan * 2 23% Jan 2 20% Feb 53 July 17 Feb 85 80 Jan Biscuits 193/a Jun 30 Jun - 14 Apr 133/4 Sep 32 2 133/4 Jan 5 8% Jan Dec 243/4 Jan 6 42% Feb 3 38% Dec 28 27 Nov . 22 103 17 Jan 5 3 22 353/a Feb 1 Mar 14 38% Jan 2 19% Jan 2 15 43% Jan 4 49% Jan 10 30 3 25 % Mar 443/4 Nov 18 Dec x9% Jan *50% 11% 11% No par 4 30 10% Jan Range Since Jan. 1 Highest Lowest Highest share 415 Mar 7 3 Jan 3 18% July 17 32% Jun 29 ^ 983/4 Aug 16% Jan 23 9 1 2 2 12 3/a Jan 8% Jan 5 29 Ve Jan 18 43/4 Jan 3 Feb 21 39% July 14 110 3/4 July 17 263/4 Jan 13 '40% July 17 110% Oct 30 5 Jan 34% Mar 9 5 36% Jan 993% Jan 9 13% Apr Apr 13 9% Oct 2 35% Feb 102 8 8 Mar Jan 5 13% Jan 16 4 41 Jan 16 8% Jan 6 12 Jan 26 11 2 . 13% Jun 22 13 Jan 2 15% Mar 473/4 Dec 19 473% Jan 2 53% Feb 14 13% Jan 10 12 % Jan 2 143/4 Feb 6 37% Jan 10 553/4 Dec 44% Jan 19 53% Mar 14 59 % Feb 9 7 110% Mar 16 112% Feb 2 July Dec 3 11 39% Nov 24 17 102 93% Mar 19 35% Dec 30 96 100 Feb 107 Mar 17 Jan Mar 11 7 104% Jan 3 Jan 25 39% Feb 14 983/4 Mar 13 109% Jan 3 34 18 81 Jun 27 '50 Jan 9 54 Aug 21 50 3/a Jan 8 52 Feb 2 May 12 25% Jan 13 38 Dec 30 36% Feb 27 40 Jan 9 373/a Dec 18 333/a Jan 25 40 3/a Feb 14 Mar 13 112% Jan 2 7% 18 Mar 28 Mar 20 107 1033/4 Dec 33 10 993% Jan 6 29s/8 Jan 3 35 Jan 4 109 173% Jan 28 Mar 29 111% Sep 293/4 Mar 22 22% Jan 24% Dec 27 22 107 13 18% Dec 29 Mar 13 125 Mar 22 Mar 3 Mar 13 Jan 31 48% Jan 3 21 32% July 12 48 Dec Sep 28 26% Jan 18 12 3 3/8 Jan 13 4% Feb 3 45% Jan 4 49% Feb 13 Jan 2 43/4 Jan 22 123/a Jan 22 30 32 2% July 12 4 36% July 11 '50 Jun 23 20 Jan Mar 44% 4 30% Mar 16 5 July 17 4% May 31 12 3% Aug 21 783/4 Mar 3 69% Jan Jan 23 16 Mar 29 25 243/4 Feb 7 39 July 18 3 3/a Jan 3 8% May 22 58 ,0 10 Mar 1 12 81 Sep 21 53% Oct 20 20% Mar 15 49% Mar 20 54% Jan 9 50% July 12 663/4 Nov 2 59% Jan 2 73 3/a Feb 13 14% July 18 20% Nov 27 19% Jan 10 23 Feb 9 22% July 13 29% Apt 26% Jan 25 29 3/a Feb 17 15% Mar 13 18 3/a Feb 1 *113 11% 34% 34% 33 y8 16 11% 34% *14 293/a *13% 5 5 53/4 *5% 53/4 5% 5% 313/4 31% 31% 3iy2 31 31 30 311/4 31% 32 89 3/a 89% 89 Vb 897/a 89 891/4 88% 89% 89% 90% 10 24% 24% 24 24% 24 241/4 24>/a 241/4 24% 24% 92% 93 92 931/4 92 941/4 :95i/4 95% 95% 96 2,100 •36% 36% 36% 363/4 36 36% 361/4 36i% 36% 37 3,700 83% 84% 84% 84% '84% 84% 85 85% *91% 93% 92% 92% X92% 92% 92 92 26%. 26 26% 25% 26 25% 25% • .5,300 21% 21% 21% 21% < 10,200 *21% 21% *5%/ 29% 93 *91 . ;/?: 9." 13% 14 *90% 13% 13% 5% 1 *85 86 100 *92 94% 26%o - 26% 26% 900 400 8% 8% 8% 8% 3,100 8%, 1 50 convertible preferred *5% 26% *8%. 351/4 3% *30% 8% 40 40%. 5% Tri-Continental Corp 9% *8% 35% *98% 100 3% 3% 30% 30% 32% 32% 32 32% 32% 2,900 24 23% 23% 23% 23% • 23% 23% 8,400 45%: 45% 45 45% 45% 46% . 44% 45% 3,100 10% 10% 10% 10% 10% 10'A 10% 10% 10% 7,300 Monday 163/4 11 y4 109% .f *21% 23 >11% 109 . 109% 1091/4 16% • *211/4 11% 17 16% 16%, 22 221/4 213/4 11% *34% *101 35 102 *34% *101 13%S(13% 13% 39% 40 38 y2 10 10% 97% 15 50% 50% 35 102 16% 11% 35 34% f 343/4 *38% io3/4 10 102 *101 123/4 38% ioy4 13% 39% 10% 102 13 38% 16% 108 163/4 21% 21% ' 34% 34% *101 102 •; 12% 12% 21% 13 11% 108 .108 .;, 16% *34% ' 6,000 11% 21% Shares share 22 22% 108 9 per 13,400 11'A 11% Sales fot the Week 16% *21% 23 Friday Mar. 23 25% 22 16% 25% 22 *101 9 per share < 167% 253/8 213/4 133/a 39 Mar. 22 t per share Xl08% 108% .16% 163/4 22% 15 50% 102 *93% *105 35% 101 13% " 41% 55% 110% 102 94% 106 35"% 101 51% 51% *13 41 553/a 1103/4 *37% 38 35% 35% *108 109 27'A 27 % *114 116% 32% 32% *108% 110 19 45 Ve 30% 3% 19 45 % 30 % 21% 50 10 United Gas Improvement Co—13% United Merch & Mfrs Inc 1 United Paramount Theatres 1 Certificates of interest 1 U S St Foreign Securities. No par $4.50 1st preferred No par U S Freight Co No par United Gas Corp Jan 26 19 Jan 17 7 70 Jan 25 2 5 5 3/a Jan 31 U S U S Leather Co common 16 113/8 109% 76% 124 84% Jan 23% 23 Thursday ; 16% 24% 16% 243/a 21% 50 €8% 20% *27% 16% 20% *20 % 185 2 16% 223/4 76% 4 64% Feb 16% 23% 32% Mar. 21 I per share 16% 23 100 180% Mar 14 20 9 per share 16% Cos 5 United Engineering & Foundry 5 United Fruit Co No par preferred United Electric Coal 104% Jan 16 ' Wednesday Mar. 20 f per share 32% SALE PRICES Tuesday Mar. 19 4% *10 5 28% Jan 900 45% Fastener No par Cig-Whelan Stores com..30c $3.50 convertible preferred 100 United Corp (Del) 1 United Dye & Chemical Corp com.l United 2 2 1 United-Carr Mar 21% Jan 20 1,600 3% *' 30% 10% 1 No par Union Asbestos & Rubber Co 5 Union Bag & Paper Corp .No par Union Carbide & Carbon No par Un El Co of Mo pfd $4.50 ser__No par Preferred $3.70 series No par Preferred $3.50 series— No par Preferred $4 series No par Union Oil of California 25 Union Pacific RR Co common 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 4% % preferred 100 United Biscuit of America No par ; $4.50 preferred -No par United Board & Carton Corp 10 United Carbon Co No par Jun 22% Nov 25 99 30% • 4,800 23% *21% Corp 189 13 98% 3% 3% 30% 200 ' 36% 38% 10% < 10% 100 47,900 STOCK • EXCHANGE CLOSED * ' 400 4,200 9,000 500 GOOD FRIDAY 4,600 38% 980 10% 3,360 2,300 U 135 1 '> *3% 30% 9% 36 32% No par Udylite Corp (The) 1% 100 3% 600 26 23% 23 % 5 *8% !• 430 5% 32% 2 5 Co.— 36 *98% 100 26 , 41 45% Par common 35% 30% 3% , 9'A * »85/g 9 35% Saturday Film com__No par $1.50 conv preferred No par $4,50 prior preferred No par Twin City Rap Transit com..No par 5% conv prior preferred 50 Twin Coach Co ,1 Underwobd 26% 5% 23% No par Coal *26% Mar. 17 preferred $6 26% 35% 30 8% ,*40 32%, STOCK Airlines Inc Steel 8% 41 5% *8% •31% . 5% 35 % *98% % 5% 9% 3% 8 *40 41 *25% 26 26 , *16% • ' 22' *5% LOW AND HIGH Transamerica Corp World *40 5% 35% *98%. 100 5 (The) Co Edison 5% *26% (J R), 15 Thompson Products Inc com 5 4% preferred—^ 100 Thompson-Starretti Co com—No par $3.50 preference No par Tide Water Associated Oil—,—10 Timken-Detroit Axle 5 Timken Roller Bearing, .-No par Toledo 41 41 ; 90% July 26 12,900 3,600 9 j tThird Avenue Transit Corp.Nopar Thomas Steel Co (The) ;—1 181% July 19 24. 2,300 40 28 page 400 51/4 *16% 1063/4 Feb 68% Dec 200 133/4 17 2 Mar 2,900 16% 2 63 *13% ,1 *16'A 20% Jan 37% Jan 133/4 ! 9 17, 100 3/a Jan 22 *51/4 100 91 *16% 106% May 23 213/a Oct 24 38% Nov *13% 5% 9 17 9 64% Dec 29 3/a 13% 29% *90% 9% 9 *16% 453/4 Feb 3 9% 9 9%r No par 2 4 90 % 9% Fair 393/4 Jan 8% Jan 90% 29% 93 800 24 46% Jan 93 6,500 10,600 3,500 42 Feb 293/a 29 13% 27% July 12 99 Oct 4 4 343/4 16 / *14 293/a 38% 16% 9 Jan 34 3/a 16 21% 9 14 343/4 28% 700 12% 213/4 Feb 16 12 *38 % 22% Feb 143/a Dec 12 38% 9 24% Mar 100 117% *116 IP/4 38% 12 Nov 100 1173/4 *14 16 29% 2,300 46 33% 34 *14 16 - ' 20 46 11% 11% 33% 11% *193/4 20% 46 *116 117 *113 *11% 19% *45% 19 39% 17% Jan see 117 *113 117 n3A ' 45% 19 *45% 47 *45% 800 370 *38% 18% Jan For footnotes 19% 19% 47 *367 375 *360 361 361 378 3,100 38% * 3 9 *362 900 1 38% 12 28 Vb Jan 12 38% Jan 10 60 *113/4 *38% 23% Jan 8% Jan 59% 11% 9% preference 24 Mar 11 59% 11% No par conv 15% July 13 22 .593/4 11% 12% 15% July 13 , 59% 11% * 11% 18 16% Dec 18 30 59% 12 12% 11% Mar 30 14 3% Jun *45 EXCHANGE 333/4 Jan 13 39 107% Nov 28 Dec 59%" 11% 22 Truax-Traer 2 24% July 17 59% 11% *360 384 19% 19% 20th Century Fox 24 79% July 11 59% >11% 2 Jan 106 233/4 X21% 9 112 233/4 X22 9 99% Aug 15 3 24 12%. 18% Feb 30 25 4,300 23% 22% 24 3/a Feb Jan 13 % Jan 1,000 33 24% ' 22% 110y2 Feb 90% 106% Jan 32ya 323/4 *23% 24 12% 4 105 32% 33 *23% 22% 11 103% Aug 18 31 323/a 32% 23% 22% 10 30 24% May 32% 32% 12% Jan Jan 103 32% 32% 22% 16% Jan 107 6 96 ' 233/a 32% 323/4 22% 20% Jan 114 23% 32% 32% 12% ■ 10 23% 32 f preferred 25% Jan 110% May 17 103 23% : common— 20 Jan 200 *23% —No par 10 Transue & Williams 10% Jan 237/s 23 y8 19 32% 11% j.—No par Co Trans 21 26,700 19% 29% *9F Co certificates 2 12 30 19 % ' 25 9 13 500 72% 118% *23% 118% 18% 19 18% 19% *118% 97 72% *118% -72 72 72% *96% 97 *96% 97 118% 800 1,400 9 27% Feb Nov 11% 1 ; 22 3% Mar 15 113/aJun 52 11% Land Trust— NEW YORK 25% Feb 52 11% 22% > 20% Jan 52 11% 12,400 No par , 17% Dec 29 104% Jan 10 { 253/4 Dec 27 22 8% July 13 30 52 11% - 32% *59 > 32% *71% 120 18% 32% 24 *14< S per share - $ per share $ per share 19% Dec 153/a Jun 29 >•' 191% 33 118% 72% 71% *118% 32% 4,100 233/8 52 *957/a 97 *95% 72 % 10 ' t per 14% July 13 ; 97 120 STOCKS Year 1950 . *95% *71 23 *22% Range for Previous Lowest, 52% 11% 25 Producing conv Thompson 4% Jan 20% Nov 24 33% July 14 9% Dec / 7 41% Jan Mar 14 Jan 32 2 11% Mar 1 30 6 Jan 13% Jun 25 Feb 3% Mar 15 6 52% 11% 200 183/4 233/a - 50o $2.50 297/s Feb 23 98% Mar 22 Nov 24 5% Feb 53 *11% Thermoid Co common 2 34 103 4 10 52% • *18% l.No par $1.25 The 6 6% Jan 42% Dec 18 8 2% Nov 9V2 Jan 45 % Feb 7 32% : Utilities $2.40 27 2 Mar 13 4% Mar 13 40 30 323/a r 22 / 7 18% Jan 83/4 Oct 25 5% July 13 94% Jan 8 37 % Jan 28% Nov 18 17 % Jan 31 1 2,000 • , Thatcher Glass Mfg Co common—5 31 18 9% Oct 20 53/4 Dec 3 3/a Jan 14 % Jan .403A Jan 42% Oct 20 363/4 Jan 233/a Mar 27 17% *18% 32% 1 Corp Textron Inc 23 % Mar 11 173/a 183/4 32% (James) share Sub 7 10 Jan 17% *18% 33 ' Co_ Texas & Pacific Ry Co Jan 17% 183/4 100 Pacific Texas 113/a Feb 17% 17% 32% com Pacific Coal & Oil 9 18 1 17% - 10c Texas 20 26 Apr 43 30% Jan ,12% July 5% Jan < Dec~27 21% Dec 30 17% 19 23 -12.50 Texas Gulf Sulphur 26 177/3. 23 preferred Gulf 27% Feb 2,400* 4,300 23 Inc Paper Co Texas 103 V2 Mar 10 43% 17% 32% 23% 9 90% Feb 10 76% Jan 25 17 17% *23% 32% Tennessee 16 43 3/a 173/4 18% preferred series A. conv pfd series B_— Co - 43% 173/4 23 % No par Telautograph Corp 30 99 43 173/4 191% Texas . 99 42% 17 % 1 25 25 16 Jan 99 42% 23 Talcott Inc 2 99 17% 18% No par Corp 90 100 *99 99 42% 17% 23% A preferred 2,800 99 23 21 44% Jan 25'/a Mar 14 7% Jank 3 100 200 39% 42-% v ,*18 Feb 28 3/a Feb 7 34% Mar 89% Sep 22 44 14 39% FRIDAY 143/a 177% 1 1 Texas (10 143/a 143/4 43 99% 20 Swift International Ltd 6% Jan 23 105 90 3% Mar 15 39% NOV 24 Nov 800 GOOD 41 177/3 No par $4 preferred __ Syxington Gould Corp 34 3/a Mar. 17 97% Nov 25 14 5,700 ' 17% Sylvania Elec Prod Inc com—No par ' " 94 % Feb 30 63% July 13 16 CLOSED 42% *99 5 2 Jan 24% Oct 13 Corp 1 14 23 Mar 14 82% Dec 25 15% Jan 39 11 Mar 30 95% Mar 2 8% Mar 13 25% Dec 59% Jan 38% 10% Jan 2 Jam 86 88% May 31 3 3 2 23% Jan 18 4 Jan 4% Nov 30 38% common Swift & 33% Mar 20 Jan 11% Jmy 11 38% Sweets Co of America (The)__4.16% 13% Jan 26% Apr 38% *118% 4%% 24 13% Jan 5 18% July 13 *40 3,800 EXCHANGE 233/4, 53% 53 38 % common Sutherland 2 6 79 Jan 5 50 Mar 14 11 4 24% Feb 8 43%, Jam 114% Jan 6 Apr 23% 41% 38% Superior Oil of California———25 Superior Steel Corp 50 2 17% Jan 40% Oct 20 Jan ;' 53 *40% 38% Sunshine Mining Co 15% Mar "33% 17 355 14 30 Co Sunshine 3 60% Mar 10 Oct 53 53% 42 5 100 15 100 4%% „ 19 Jan 13 5% 26% Feb Jan 116 ; 9% \ 8 11 45% Aug 23 July 17 > *53 *40% *143/a preferred 4%% * 9 56 July 13 103 53% 41% 143/4 4%% conv pfd ser B called 5%% conv 2nd pfd ser 1950—20 > 29 33% Mar 21% Jan 17% Dec Mar 30 53% 41% 23% *14% A 4%% Sunray- Oil 11 370 3 Jan 9% 54 101% STOCK 35 103 23 % 23% 41 * 19,200 34% *99% 14% Corp Oil Class 11% May 11 13 8% July 12 23% 17,000 10,800 61% 104 35/8 14% Chemical Corp comomn Sun 36% Feb 17 31% Mar 15 Dec~ 19 ■ 24% Jan Mar 14 24% Oct 25 22% 23% 35 60% 102 3/a Shares I per share 46% *99% 35 103 14% Corp $4.50 series 5 14% July 12 102 23 • 102 % *14% Webster.. & Studebaker 7 67% Jan 30 ■i 26 117% Feb 16% Jan 195 Stone 9 18 19 July 2 25 Apr 72% Oct 25 Jan 18% Mar Jan 101 xl22 Inc Stokley-Van Camp Inc common 5% prior preference 23% Apr 1 , 45% 60% 101 & Co Inc (J P) 25% July 17 15 34% *99% 35 % ■ *100 J/4 59% 60% 101% 1 Stewart-Warner 28 10 *52 *40 preferred 104 % Jan x98 % Mar 14 24 55% Feb 50 Sterling Drug Inc common... 39% Mar 12 Nov 93% Dec 34% *100% 102 23% " 23% 1 :No par L S Stores Bros 20% Sep 116% Oct 100 common 35 597/a 9 per share 45% Sales tee the Week 1 18 Mar (The) Co 16% July 5 16% July 13 8% July 17 Spring ' 35 t per share 45 46 1003/4 , Mar. 23 - 21% Apr 21 38% July 13 10 common convertible -preferred... . Starrett 10% Jun. 27 . Ohio of preferred series A 3%% Standard 5 , 4 - 36% Jan - 18 48% Dec 105% Mar 2 Jan 40% Jan 16 ' Mar 15 21% Jan 103% Nov 24 3 Jan Jan 39% Feb • 34 12 66 105 29 Dec 45 % 46% 45% Friday Mar. 23 Thursday Mar. 21 I per share I per share 46% 4 102 54% Nov 28 40 46% -. PRICES Wednesday Mar. 20 2 33% Mar 15 23 1 Jan 48 26 % Mar > Aug 17 Oct 9 per share Standard Oil of California—No par . 90% Jan 30 100 13 SALE HIGH AND Tuesday Mar. 19 59% Jan 30 Jan 66 Par 49% Feb Mar 13 44 Monday Mar. 17 / $ per share f per share $ per share Saturday EXCHANGE 23 RECORD LOW STOCK YORK NEW Jan. 1 Highest Lowest Highest share STOCK STOCKS Range for Previous Lowest (1291) The Commercial and Financial Chronicle * , U S Gypsum Co common preferred Machinery com 4%% preferred 7% U S Hoffman Industrial Chemicals Class A conv preferred 20 100 5 100 No par No par No oar 46 4 46 4% 10% 69% 20% 28 16% 20% 21 *41% 42'A *103% 105 22% 23 118 119 *180% 184 14% 15% 65% 65% 51% 52 % 24% *72 24% 75% 15 12% 41% 13 41% 55 553/4 111% 111% 103 93% 94% 106 106 r. *101 35 101 51% 38 35 108 35% 102 % 51% 38 35% 108 26% 27% 114% 115 32% 32% *108% 110 *18% 19 45% 45% 29% 3% *46 4% *10 *76% 21 *49% 67% 20% *27% 15% 15 15 50% 29V2 4 47 4% 10% 77 ; 21% 50 % < 68 21 27% 16% 20% 21 20% *19% 41 % 41% *103% 105 *22% 23 116% 117 „ *180% 184 15% 15% *85 66 51% 52 23 % 24%, 69% 72 * 15 50% 12% 15 40% 41% 55% 553/4 *110% 111 103 93% 93% *105 106 353/8 35% 101 % 101 % *101 51% 37% 34% 107% 107% 27'A 28% 116 118 32% 32% *108% 110 *18% 45 'A *28% 3% *46 4% 10 *76% 19 45% 29 4 47 4% 10 77 21 50 69 20% 27% 20% 49 % 67% 20% 27% 15% 16 20 20% 20 20 4(1 41% *103% 105 *22% 23 115% 117% *180% 184 15% 15% *64 66 51% 52% 23 23% 68 68% 50% " : 15 15% > 50% 50% 13 41% 1,400 3,300 55% 55% 11,800 110% HO1/2 12% 12% 13 40% 41 40% 55% 55% 110% 110% *101 *101 103 900 80 103 10 120 94 94 94 94 *105 106 *105 106 35% 20 36 35% 36% 7,100 102 100% 2,100 *51% 51% 51% IOO1/2 51% *37 38 3,7% 37% 500 35% 35% 35% 8,800 *107% 108% 200 29% 36,500 102 51% 37% 35 15% 50 50% 13 35 *107% 28% 120 109 29% 123y2 29% 125 1,300 125 1,500 1,200 32% 33 *108% 110 *108% 110 *18% 19 18% 18% 500 45% 46'A 46% 1,300 32% 32% " 45% *28% 4 46 29 v 4% 46 *28% 4% 46% ' 29 4% 200 30,500 60 47 20,600 4% 4% 4% 4% *9% 10% 10% 10% 76 76 77' 77 21 21 20% 21% 2,600 50% 800 *49% 50% 50 , 200 30 68% 69% 69% 70% 5,200 20 201/4 20% 20% 10,300 27% 28 28 28 2,100 5.600 15% 16 15% 15%- 20 20% 20 20% 19% 19% *19% 20% 400 41% 42% 42% 42% 3,200 *103% *22% 117 *180% 15% *64 105 23 104 22% 104 22% 118% 118 118 183 180% 180'A 15% 66 15 *64% 8,300 100 300 1,700 40 15 1,200 66 20 51% 52% 51% 52% 4,100 23 23% 23 % 23% 5,600 69 69 *69 70 90O 24 (1292) The Commercial and Financial Chronicle NEW Range Since Jan. 1 Highest Year 1950 Lowest S per 14% Jun 34'/. July 13 Sper share share « 3 20% Feb 16 • 8 Jan 10 8% Jan 12 49% Jan 10 37 Jan 2 74 17% Jan U 8 Lines Co common Jan 3 84% Mar 5 38% Dec 39 36% Jan 15 42% Feb 8 U 8 Plywood Corp 88% July 37% Jan 11 92 Mar 13 96% Feb 3 97% Apr 52% Oct 5 18 143% Oct 77 65% July 17 5 Jun 11 51 Jan 2 135 Jan 8 142% Feb 62% NOT 18 50 54% July 14 68% Mar 61% Jan 126% Jan 6 13 42% Dec 29 Jan 4 18% Dec 27 151% NOT 20 25% Jan 139 40 July 3 5% Jan 26 9 Dec 19 91% May 3 2% July 17 22 % Nov 8 22 Feb 21 44% May 19 6% Oct 28 11% Apr 100 20 9 3 24% Oct 18 3% Dec 4 6% Apr x25 Jan 16 177 July 28 7% July 10 45 Jan May 23 24% Dec 6 9 Sep 27 61% Jan 27 27 Deo 26 30 19 41 Jan 3 42 6% Jan 10 9% Jan 7% 17% 18% 18% 18% 18% 18% 18% *7% 8% *7% 8% *7% 8% *7% 40 % 40% 40% 40% 40% 40% 40 VB 40 % 40 % 40% *80% 83% *80% 81% 39% 39% 39 39% 94% *92 94% 39% 10 54% No par 22 27% Feb 5 2 27% Feb 1 Mar 13 5% Jan 26 4 17 26% Feb 15 170% Jan 12% Feb 2 59% Feb 10 28% Feb 138% 51 51% *64 Va 66 66 65% 65% 300 42,600 43 % 42% *65 42% preferred—25 *40% 41% *41 *11% 11% 96% convertible 42% 41% *90% *6% 2 preferred 6% 3% 148 6% 41% 6% 3% 27 27 *26 27 26 26 26 *25% 6% 4% 8% preferred 4V*% *23% 100 Universal Pictures Co Inc 4% 24 % 167 167 4% 4% *24% 168 10% 10% 10% 100 57% 57% 56 56% • *28% 28% 28% 28% 32% 31% Utah Power & 168 10% 800 20 % 7.300 *41 63/8 41% 6% • 6% 11% 500 12 *95% 97 3% 3% 3% 27 *25% 1,400 3% 6,100 27 100 25% 25% 25% 500 4% 4% 4% 4% 6,500 24% 24% *167 10% ♦55 43'% 148% 25% 24% *167 10% 780 1,800 20% 11% *26 5.60G GOOD FRIDAY 42% 97% 11% 4% *24% 24% >167 1 com preferred Light Co 4% 55% 148% 41% *95 26 1 43% 20% *41 3% 27 "25 54% 148 20% 11% 96% "25 Universal Leaf Tobacco com__No par 9 42% 148 6% 11% *94 3% *65% 20% *41 6% 3% 3% 20% 96% 51 42% 148% 148 11% 11% *91 66 1 10 26% Jan 138 51% Universal Laboratories Inc 13 54% Jan 543A 139'A 50 12 10 22% Jan 166 54% 138% Universal-Cyclops Steel Corp 26 Jan 9% Jan 4% 300 4,900 CLOSED 54% 20% United Wall Paper Inc common 4% Jan 9 EXCHANGE 51% 20 13 STOCK 40 94% 139 % 148 3% Jan 78 39% *92 65% 43 United Stockyards Corp 1 United Stores $4.20 non-c 2d pfd—5 $6 convertible preferred—No par 73 94% 50% 20% 17 79'A 39% 139% 149% 24 79% 39% *92 52 20% Feb Jan 54 54% *147% 13 81 140 140 No par 96% Jan 24 54 % 81 2,700 2,000 51% 139 65% 1 22% Jan 54% *93 18 52% 139 50 6 7% Jan 26 94 52% Feb 94 39% *92 100 non-cumulative Sharet 8% 50 preferred 7% the Week 8% 100 U S Tobacco Co common 11 Jan Sales fft* Mar. 23 t per share 18% 1 1st preferred non-cum Friday Mar. 22 I per share I per share 10 preferred U S Steel Corp common 20% Mar 20 12 20% July 27 47% Jan 153% Jan Mar 16 8% g per share 18% 100 7% 3 17 161 67 % Mar 2 18 % Jan 4% Apr 24 27% Jan Jan 15 11 Monday, March 26, 1951 Thursday Mar. 21 "7% common preferred series A U S Smelting Ref & Min com Jan 61 41% Mar 15 148 3 Jan Mar 15 t per share Wednesday 20 U S Rubber Co common 59% Feb 0 33% Mar 31 3%% f per share . PRICES Mar. 20 1 23% July 12 29 Jan BALK Tuwdar Mar. 19 10 U 8 Pipe & Foundry Co U 8 Playing Card Co 43 Monday Mar. 17 preferred 4%% HIGH AND Saturday Par . RECORD LOW STOCK YORK I per share Feb 29 STOCK EXCHANGE 8% Jan 18 27 7% Dec NEW Lowest Highest I per share YORK QTAPITQ Range for Previous . *24% 167% 10% *167 10% 25 200 167% 10% 30 10% 3,300 56% *55 56'A *55 56% 110 28% 28% 28 28% 28 28% 2,000 31% 32 32% 32% 16% 2,900 V 20 % Feb 14 Jan 3 9 34% Aug 16 16% Dec 26 30% 20 17 19 12% Jan 3 38% Sep 18% Dec 20% Jan 26 28% Oct 24% Feb 23 8 103 May 10 105 July 12 97% Mar 98 Jan 39% July 26 96% Mar 22 6% Jun 29 101% Dec 11% Dec 27 115 22 Jan xl03%May 26 19% July 7 Dec 29 28 28 Mar 23 Vanadium Corp of America__No par 2 14% Jan 8 16% Feb 13 30% Jan 3 33 % Feb 5 Jan 25 18% Jan 24% Jan 2 27 Jan 104 2 105% Jan . Jan 100 Jan 10 10% Jan 3 114 Vertientes-Camaguey Sugar Co—6% 13 Vlck Chemical Co— Jan 5 126% Mar 22% Mar 1 117% Aug 25 114% Mar 22 116% Feb 104% Mar 106% Jan 26 7 30 41 33% Dec 30 32% Mar 15 35% Feb 7 x30% Oct 13 29 Jan 2 31% Mar 37% Apr 13 35% Jan 20 42% Feb 22% Sep 1 17% Jan 2 20% Jan 12 May 17 x30% Jan 8 32 20 17% Nov 6 14 36 18% 18% 18% 18% 18% 18% 18% 25% 2,900 25 25% *24% 25% *24% 25% 24% 25 1,000 Mar 22 54 Jan 12% *115% 116 *102% 104 Visking Corp (The) Detinning Co 12 12% 118% 21% '102 115 104 16 *31 % 12 *118 115 v '102 21% 115 200 *110 • — - 51% *97 21% 1,600 32 *110 ■ *50% 12 21% 115% 115% *110 118 11% 118 22 16 32 *97 12% . 50 51% 100 : 51% 300 101 115 12% 120% 700 22 22 12 118 119% 22% 5,700 114% 540 114% 6,2O5 103% *102 25 *48% 50% *48% 50% 50% 50% 52 52 52 25 *32% 32% 32% 32% 32% 32% 32% 32% 32% 32% 900 31 30% 30% 30% 30% 30% 30% 30% 1,400 38 38 30% 38% 18% 1,600 25 Vulcan 21% 49% 100 •97 118 119 110% 49% 100 16 *110 110% 49% 49% *97 12% *116 21% 100 pfd common preferred 7% 100 100 Virginian Ry Co '110 '110 10 preferred 6% *110 49% *98 100 com $4.04 dividend preferred 3 31% Dec 18% *49 No par com Va Iron Coal & Coke 4% 3 July 17 $5 5 25% Jun 18% 25% —100 6% div par tic preferred Virginia Elec & Power Co 20 106% Dec 21 preferred Va-Carolina Chemical 2 3 5 *31% *110 18% Jan Jan 16% 31% 18 % 2.50 16 31% *110 3%% 32% 16% 31% Vicks Shreve & Pacific Ry com—100 100% Jan 18 14% Mar 2 32% 16% 31% 5% non-cumulative preferred—100 Victor Chemical Works common 5 6 32 16% 32 2 Mar Feb 52 « 16 % *31% Van Raalte Co Inc Mar 20 Ill 19 32 % 10 10 Jan 110% 9 46 Van Norman Co 2.50 46% Dec 27% Jan 26 28 4 51% May 19 16% July 27 114% Sep 12 79 I 36% Jan 31 J an 31 5 *37% 10 common preferred 38% 17% 20 100 17% *32 *66 32% *37 38% 18% 18% *32 18% 32% *37% 18% *32 32% 18% *32 103% *102 38% 1033% 54 38% 18'A 18% 32% *32 68 *67 150 300 32"% W 48 Apr 24 65 12 Jun 26 14% Jan 10 26% Dec 6 31 Jan 13 32 53 11 Dec 8 2S Feb 4 Nov 24 9% Dec 28 6% July 13 14% July 14 97 Jan 16 Deo 20% NOV 24 106 Sep 19 64% Jan 10 71% Feb 7 12 Jan 2 13"% Feb 13 Wabash RR 4%% Waldorf System 28 Jan 2 x29% Feb 13 Walgreen 48% Mar 15 56% Feb 4 11% Jan 29 (Hiram) Walworth Co 17% Jan 10 21% Feb 23 103% Mar 5 5%% Warner 16% Jan 24 11% Mar 14 13% Feb 9 38% Feb 35 43 Va Jan 23 24% July 18 15% Feb 14 29% Dec 21 27% Jan 10 34% Feb 24 "A Jan 28 27% Jun 8 25% Jan 31/ 27 12% Jun 30 17% Dec 29 16% Mar 15 19% Jan 31 Jan 11 21% Jan 9 25% Feb 5 17% Mar 16 15% Jan 15 18 July 13 11% July 13 5 24 Jun 27 8 24% Jan 13 34 6 Sep 26 Dec 28 88% Sep 25 Jan 2 *66 *12% 13 *12% 13 12% 12% 12 3A 123A 28% 29 28% 28% 29 29 28% 49 28% 49% 49 49 Va 1.100 48% 48% 48% 49 491/4 491/2 4,000 10% 4,700 2.50 Washington Gas Light Co 2 9% Feb 36% Jan 89% Feb Mar 14 35 Jan 27% Dec 28 25% Mar 13 30 Jan 27 West 29% Feb 26 West Penn Jun~13 110 com Corp Kentucky Coal Co 27 % Mar 14 104% Oct 14 104% Oct 4 12% Apr 17 44% July 14 107 July 19 114% 109% Feb Mar 22 392 Mar 7% Jun 26 37% July 26 500 173/4 2.000 25'A 25% 25% 25% 25% 1.200 8 Electric Rights 16% ' 16% *8% 8% *16% 17 7% 34% '87 8 33% *33% 87% *87 21 Dec 27 Nov 15 16% Mar 19 75 Mar 14 108% Jan 3 20% Feb 13 84 Jan Feb 27 4%% .*> ; • Range Since Jan. 1 Lowest $ per share NEW YORK Highest S per share 30% 30% 30% 30% 30% 3.200 26% 26% 26% 26% 26% 2,300 5 par 28% 111 28% 28% a72 ill 28% 130 28% * 17% 77% 110 111 16% 14% Mar 22 Western Air Lines Inc 47% Feb 10 Western Auto Supply Co 28 20% Jan 25 29% Feb 26 Western Maryland 49% Mar 110% 17 - 109% Mar. 19 f per share 28 Va 6,700 % 342,300 16 110 110% AND 104V2 *104% 106 *1043/8 *102 104 *102 240 106 104 *76'A 77'A 283A 28% 372 110% 104% 110 Monday Mar. 17 f per share ■fa 110% *102 17% 77 *109% Saturday Par 10 104 17'• 771/4 110 HIGH Tuesday 17 *761/4 110 SALE 17 v 17 "100 3,6o5 17% 77 77 78 600 110 110 110 300 PRICES Wednesday Thursday Friday Sales fo* Mar. 20 Mar. 21 Mar. 22 Mar. 23 the Week I per share t per share I per share I per share 13% 14% 13% 13% 13% 14% 14% 14% 14% 46Va 46% 46% 46% 46% 46% 4 6 3/4 47 47 47 Ry com 100 ' ' 4% non-cum 2nd preferred.—100 Western Pacific RR com No par 25% 25% 251/4 26 25% 26% 263/a 26% 25% 26% 44% 44% 42% 43% STOCK 1.100 EXCHANGE 2,100 14% 40 Jan 23 29 48 Jan 25 55% Feb 9 51% 51% 513/4 Jan 51% 52 87 51% 44% 51% 52'A 3 94 % Jan 24 89 89 % *881/4 89% 89 89V4 89 90 91 91 39% Jan 2 47% Feb 13 Western Union Teleg class A_No par 43% 44 % 431/4 44% x42% 43% 43% 16 Westinghouse Air Brake No par 33 % 33 % 33 Va 331% 32% 331/4 32% 33% 32% Westinghouse Electric com 12% 3.80% preferred series B 100 Instrument—12.50 36% 37% *100% 101% 101 101 *100% 32% 32 32 31% *125 135 12,700 3,000 10,000 43% 35 % Jan 43% 43 Mar 15 1 24% July 13 29% July 13 33% Oct 24 32 36 34% Jan Jun 23 105 % Feb 18 100% Mar 14 34% Dec 12 31% Mar 20 Deo 6 125 Feb 2 8 2 38% Mar 22 104% Feb 7 36% Jan 22 126 Jan 19 Preferred series A ■ 100 Weston Electric 2 42% Feb 13 3 94 Oct 19 90 Jan 12 93% Feb 15 26% July 15 15 % Feb 8 41 Feb 27 29% Jan 26 32 Mar 9 Wheeling & Lake Erie Ry 100 Wheeling Steel Corp com No par $5 conv prior preference—No par White Dental Mfg (The S S) 20 26% Mar 15 30 Feb 9 White 35% Dec 28 28% Dec 27 34% Jan Motor 19 25% Nov 33% Jan 12 35% Nov 22 34% Mar 22 36 12% Feb 15 17% May 26 11% Dec 29 15% Jan 18% Mar 12 12 19% Jan 2 26 9% Mar 15 23% Mar 19 White Sewing Machine com Jan 2 70% Dec 30 68 % Jan Feb 27 16 Oct 24 13 Mar 20 15% Jan 4 77% Jan 5 91 Sep 22 83 Mar 22 87% Feb 9% July 11 13% Dec 30 12% Jan 25 16% July 13 22% Feb 25 17% Jan 4 Jun 75 15 Mar 17 140% Jan 10 52 *32 *125 135 45 *43 37% 36% 36% *125 36% 101 31% 135 36% 101% *31% *125 100 32% 400 *125 135 135 37% 38% 37% 38% 90% 90'/a 91 91% 311/4 31% 31 31 31% 31% *31% 32 700 28 28 % 28% 28% 28 28% 27% 283/4 28% 29 2,000 22% 21 22% "9,000 37% *91 221/4 231/4 22% 223/4 22% *34% 351/4 35 Va 35V8 *34% 17Va 17% 17 171/4 17 »A Willys-Overland Motors common—1 lo'/a 10% 9% 10% 73 73 *70 73 9% *70 Wilson & Co Inc common—No par preferred No par *83 10 15 15 15 15 10 20 Va 20 Va 20 20% 139% *136 139% *136 Wisconsin Elec Power Co com 101% 32% 31% 17% Co 126,500 *1003/8 32 38 35% $4.25 FRIDAY 8.500 90 Va 22 % Wilson-Jones 4,800 90 Va 17% Np par GOOD 37% 22 % series A 1,400 32% 31% *34% $4.50 conv pfd CLOSED 383/4 38 37% *1003/a 1 5 26 *51% *44 5 9 Jun 47 20 Prior preference 23 Jan *44 1 Co Wilcox Oil Co 2 Sharet 1 10 Dec 24 142 77% EXCHANGE 15 129 17% *109% 28% 372 28% 3*2 110% 32 *110% LOW $ per share 11% Jan 100 30% 26% ->•' 40% Jan 87% 31% STOCK 25 800 26% 100 13% Dec 28 87% 871/4 bOO 4,400 34 26% 100 preferred STOCKS • 871/4 33% 16 V2 8% 8 8 33% 30% fe pfd West Virginia Coal & Coke— West Va Pulp & Paper com__No 5 111 87% 16% 16% 8 31% 107% 18% Dec 16% 33% 26% 104 78 16% 8% 33% 6,8UO 31 *104% 111 . 16% 8 Va 33 87% 25 2,500 26% No par 4%% 25 Va 20 1 . Power 25 20 4 Co . West Penn 25% *102% Oct July 18 263A 17'A 107% Deo 137 315% 26% 171/4 104 89 5 31 % 26% 17 *102% 44 12 31% *26% 16% * *104% 13 49% May 30% 26% 16% *25 100 19% Jan 3 30 % "17 100 64% Jun 27 5% Jan 29% *26% 16% preferred series C 55 18% Dec 31% 26% 17 preferred series B 41% Dec 22 Jan 1.900 4.20% 3 81 38'A 4.10% 3 30% Nov 29 38V4 2 Jan 20 39 14 July 16 38 Feb 28 22 38'/a 107- 27 Feb 37% 107% Feb 5 22% Feb 37% 104% Mar 20 12% July 112 37 103% Mar 15 51% Apr 23% Dec 102% Sep 37 7 Highest share 10,700 109% Mar 24 Year 1950 Dwest convertible West Indies Sugar 23 Etange for Previous \er $4 5 112% Jan 11% *87 27% Dec 28 26 113/4 preferred—_No par 15 Dec 11% *33 27 110 11% 37 1 5 Apr 24 12 2.50 Jun Jan 11% 5 18 % 30 12 30% 19 28 11% *26% 21% July 13 35% Dec 60 12 31% 15 2 103V2 26% 28 Jan *102% 16% 83% Feb 86 19% 103V2 31% Tobacco Inc 10% 19% ♦102% *26% Webster 10% 20% 102% 5 Wesson Oil & Snowdrift 10% 19% 3 Wayne Pump Co 29 10% 600 102% No par Knitting Mills 10% 800 103 Wayne 5 10 10% 20 % 68% 102% Waukesha Motor Co 13 7% Jan 31% Jan 10% 20 68 11% No par 7 20% 68 103 103 5 : Warren Foundry & Pipe Warren Petroleum Corp 10% 20% 100 Pictures Bros 10% 1 preferred 1 Mar 18% Feb G & W 66 % 13 29 Ward Baking Co common—i 23 Jan 66 12% 28% No par 8% Jan 100 66% No par No par Walker 9 preferred Co 13% 13% 13'A 13% 84% *821/4 84% 13 *82'A 10 72 13% 9% 70 13% 373/4 38% 91 92 7,300 91 170 34% , . 70 173/4 900 9% lO'/a 16,900 *70% 17% 343/4 *17% 35 10 38% 71% 200 6,500 13% 131/4 13% 84% 83 200 83 84'A *83 15 15 *14% 15 14V4 14% 2,000 20 20% 20 20% 20 203/s 3,500 139% *136 13 138 Mar 13 50 Feb 5 32% Jan 10 45% Sep 15 139% *135 138 45 Jan 3 46% Feb 5 Woodward Iron Co 10 46% 42% Dec 46 Va 16 51 45% 46 45% 453A 46% 46% *46 47 44 Jan 2 20% Mar 9 Woolworth (F W) 10 45% 45% 45% 45% 45% 453/a 45% 453A 25% 26 100 16% July 12 Feb Dec Sep 22 July 18 77 74 Jan 95 % Dec 79 70 July 3 July 26 10% Feb 16 Jan 13 9% July 13 98 % Dec 29 29 18 89% Apr 13 21% Deo 1« 24% Mar 14 75% Jan 25 95 Mar 14 87 Mar 20 Jan 9 Wright Aeronautical series—100 conv series—100 2 Wrigley (Wm) Jr (Del) Wyandotte Worsted Co 40% Jan 9 %Yale & Towne Mfg Co 23 36% Jan 25 Jan 2 10 30% Jan 47% Oct 31 37% Oct 20 53% Oct 6 11% Jan 19% Oct 18 Apr 22 98 No par Prior pfd 4%% 17 38% Jan 7S#£pril 6% Prior preferred 4%% 6 21% Jan Dec 21 14% May IB 3% Jon 27 Common 84% Mar 12 x78% Jan 38 May 29 28% Jan -19 105% Feb 5 43 % •1% Jan 13 100 Co 15% Mar 13 75% Jan 36 3 preferred No par No par 8 27 July 14 24% July 17 6% *136 453/a 800 45% 7,100 27 Va 3,300 Worthington Pump & Machinery 26 69 4 3 11 13% Feb 3 Feb 16 2 38% Feb 26 50% Mar 13 59 % Feb 2 19% Jan 17 16% Mar 13 47% Jan 2 4% Jan 42 2 71% Feb 13 5% Feb i 26% 26%: 26% 84 83% 83% 83% 83 % 83% 85 130 98 97 97 98 98 97% 98% 99 100 490 90% 90% 88 88 87 87 87 87 87 87 120 78% 78 78 78 78 77% 78 16% 16 16% 16% 163A 16% 38% 38% *77 16% *37% 38 37% 37% *16% 37% 373A 26% 27 *83% *77% 16% 38% 78 500 16% 1,600 38% 1,200 1 *12% 123/8 12'/a 123/a 12 Va 123/a 12% 12% 12% 12% 3.500 50 *39% 40 3A *39% 41 40 3/4 403A X39 % 39% 39% 39% par 35% 353A 353/4 36 36 36 36 36 35% 353/4 52 Va 1,100 par 52 % 51% 52 50% 51% 513A 52% 513A 52 Va par 17% 18 7,100 18 18 Va 18 18% 18 Va 18% 18 Va 18 % 2,400 No par 67 5% 68 65% 67 66% 67% 67% 68% 68 68% 9,600 5% 5% 5% 5% York Corp common 4%% convertible preferred Young (L A) Spring & Wire-No Youngstown Sheet & Tube—No Youngstown Steel Door No Zenith Radio Corp Zonite Products Corp 25% 84 97% 1 5% 5% 5% 5% 300 5'A 1,900 and dividend. asked prices; no sales on this day. y Ex-rights. HEx-stock dividend (Vsth tin petition has been filed for company's preferred ($50 par) for each share held). receivership, share of 4%% or reorganization, a Deferred delivery, r Cash sales, s Special sales, wd When distributed. xEx- 1 MWMVNi rtJrtwnWtH III " pifr Number 4997 Volume 173 . . ffW (1293) The Commercial and Financial Chronicle . Bond Record New York Stock ExcltAitcje col FRIDAY The italic letter* In the 25 WEEKLY - YEARLY - "Interest Period" Indicate in each case the month when the bonds mature. column headed Figures after decimal point represent one or more 32d of a point. Year Lowest NEW Range Since Jan. 1 1050 Lowest Highest YORK BONDS Low EXCHANGE Highest Low High High 101.30 Sep 108.4 111.10 May 1 111.10 May 1 25 102.19 Apr 25 __ 102.14 Apr 25 102.14 Apr 25 — Sep"l5 II Nov"29 100.24 100.29 Oct~3l 100.25 Feb~24 102.23 ->100.29 100.31 *100.29 100.31 *100.29 100.31 *100.28 100.30 *100.27 "106 106.8 *106 106.6 *106 106.6 *106 106.6 *106 ->100.13 100.15 *100.12 100.14 *100.12 100.14 100.14 *100.11 100.13 2%s 2%s 2%s 1956-1959 *107.8 107.16 *107.4 107.12 *107.4 107.12 *107.4 107.12 *107.4 107.12 109.12 *109.4 109.12 *109.4 109.12 Jan"l6 100.21 100.21 Jan 1958-1963 *109.8 109.16 *109.4 109.12 *109.4 1960-1965 *111.24 112 *111.22 111.26 *111.20 111.26 *111.20 111.26 *111.14 111.20 2%s 2%s 2Vis 1952-1954 *100.22 100.25 100.25 ♦100.23 100.25 *100.22 1C0.24 *100.22 100.24 1956-1958 *102.18 102.22 102.29 *102.20 102.24 *102.14 102.18 *102.7 102.11 1962-1967 *100.16 100.20 100.16 *100.8 100.12 *100.4 100.8 *100 100.4 1963-1968 *99.18 99.22 jun 1964-1969 *99.12 Dec 1964-1969 *99.10 1965-1970 *99.8 99.12 Treasury 2Vis. Treasury 2Vis. Treasury 2Vis_ Treasury 2Vis Treasury 2 Vis Treasury 2Vis Treasury 2 Vis ZIIII 16 1966-1971 99.22 *99.14 99.18 *99.12 99.16 *99.12 99.16 *99.12 99.16 *99.12 99.16 *99.10 99.14 *99.10 99.14 GOOD 99.14 *99.10 99.14 *99.10 99.14 *99.8 99.12 *99.3 99.12 FRIDAY *99.8 99.12 *99.8 99.12 *99.6 99.10 *99.6 99.10 *99.4 99.8 *99.4 99.10 *99.6 99.10 *99.6 99.10 *99.6 1967-1972 *99.4 99.8 *99.4 99.8 *99.3 99.7 *99.2 99.6 Sep 1967-1972 *101.22 101.26 *101.23 101.27 *101.16 101.20 *101.12 101.16 —— 101.13 1967-1972 *99.4 99.8 *99.4 99.8 *99.3 99.7 *99.2 99.6 *9.9.2 1951-1953 *100.25 100.27 *100.25 100.27 *100.25 100.27 *100.25 100.27 *100.24 100.26 —— 1952-1955 *100.16 100.19 *100.15 100.17 *100.15 100.17 *100.14 100.16 *100.14 100.16 99.6 — *103.6 103.12 *101.1 101.5 1954-1956 *103.4 103.12 *103.6 103.12 *103.6 103.12 *103.6 103.12 1956-1959 *101.14 101.18 *101.20 101.24 *101.14 101.18 *101.8 101.12 1959-1962 *99.10 99.14 *99.8 99.12 *99.7 99.11 *99 99.4 *99 1959-1962 *99.8 99.12 *99.6 99.10 *99.5 99.9 *99 99.4 *98.30 Treasury Treasury 2 Vis Dec 2s 1951-1953 *100.4 100.5 *100.5 100.7 *100.5 Treasury 2s 2s 1951-1955 *100.6 100.8 *100.5 100.7 *100.5 100.7 *100.5 100.7 *100.4 100.6 Jun 1952-1954 *100.6 100.9 •100.7 100.9 '*100.6 100.8 *100.5* 100.7 *100.4 100.6 Dec 1952-1954 *100.7 100.10 *100.8 100.10 *100.7 100.9 *100.6 100.8 *100.5 100.7 101.28 100.21 Dec 15 103.9 9 Treasury II IIIIII II IIIIII 100U Mar'T 100 J? Mar 1 Treasury 2s Treasury Bank Reconstruction 8c Dec 103.20 Jun 5 8 Mar 20 100.6 *101.18 .1953-1955 2s International 102.6 101.26 *101.22 *100 100.24 1972 *100 100.24 *100 101 *100 *100 101 *100 25-year — 99.4 *100.4 100.6 — 99.2 100.6 101.28 *101.22 101.28 *101.22 100.8 *100 - —- ■ Development 2s serials of '50 due Feb 15 1954 15 __ 100.7 *101.22 101.28 *100.4 for 2s serials of '50 due Feb 15 1953 101.28 Jan 3s 100.24 100.24 *100 101 *100 101 *100 101 *100 • *100 101 *100 101 *100 101 100.6 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 2s serials of '50 due Feb 15 1956 *98.24 100.8 *98.24 100.8 *98.24 100.8 *98.24 100.8 *98.24 100.8 99 2s serials of '50 due Feb 15 1957 *97.24 99 *97.24 99 *97.24 99 *97.24 99 *97.24 2s serials of '50 due Feb 15 1958 _ *97 98.16 *97 98.16 *97 98.16 *97 98.16 *97 98.16 *96 97.16 2s serials of '50 due Feb 15 1959 *96 97.16 *96 97.16 *96 97.16 *96 97.16 2s serials of '50 due Feb 15 1960 *95.16 97 *95.16 97 *95.16 97 *95.16 97 *95.16 97 96.16 *95 96.16 *95 96.16 96 *94.16 96 *94.16 96 2s serials of *50 due Feb 15 1961 •Bid and asked price. sales transacted this day. No {2%s due *95 96.16 *95 96.16 *95 2s serials of '50 due Feb 15 1962 96.24 Mar 23 *94.16 96 *94.16 96 *94.16 1951-54, called redemption June for RANGE Interest BONDS Period New York Stock Exchange Last FOR WEEK ENDED Bid & Asked a Odd lot transaction. - r Registered bond Low No. High 1980 114 115% 114 60 Period Exchange or High 120% Thursday's series No. No. 10 3%s series No. 11 3%s series No. - 12 3%s series No. 13 3%s series No. __ 14 series 3%s No. 15 No. 16—; Jan. 1 Low 75 76 % 2 76% 76% 73% 73% 2 73 73 % 73% 73% 1 73 74 75 *72 75 72% 73 *73% 74% 73% 75% 72% 73% 72% 73 % 73% 2 73% *72 % June-Dec , — « *72 78 —— 1 — m *74% 75'/a 73% •''''' 73 — Foreign Securities 1; '• • rfj. " 17 No. 73% ■ —June-Dec 3%s series No. 18 —June-Dec 3%s series No. 19 —June-Dec 3%s series No. 20 June-Dec 3%s series No. 21 June-Dec 3%s series No. 22 June-Dec 3%s series No. 23 ; June-Dec 3%s series No. 24 June-Dec 3%s series No. 25——— June-Dec 3%s series No. 26 i——; June-Dec 3%s series No. 27— „-June-Dec 3%s series No. 28 June-Dec 3%s series No. 29— June-Dec 3%s series No. 30 ——June-Dec Brisbane (City) sinking fund 5s 1957 Mar-Sept Sinking fund gold 5s 1958— Feb-Aug series 3%s High 73 76 % ' series 3%s Range Since No. High *73 June-Dec June-Dec June-Dec —June-Dec June-Dec June-Dec June-Dec 9 series Bonds Sold Birl & Asked Sale Price Low 3%s 114 Week's Range Last Interest BONDS New York Stock 3%s —June-Dec transaction. MARCH 23 Jan. 1 York City Corporate Stock par. Range Since Sold Transit Uniilcation Issue— 3% at Thursday Bonds Thursday's or Sale Price Low New 15 Week's Range Thursday 20,000 101 101 , 2s serials of '50 due Feb 15 1955 96.24 Mar 23 — 99.6 *101.9 Jun Treasury __ •——- 99.8 *99.2 Jun 2 Vis 1 • — 99.16 2 Vis 2Vis 102.18 Feb 100.31 July 28 EXCHANGE *99.18 Treasury 22 100.29 Aug 11 STOCK , CLOSED Treasury 100.27 Dec Jan Bonds ($) High 106.6 1951-1954 *100.12 Low 100.29 1955-1960 Treasury 2Vis Treasury 2 Vis Treasury 2Vis 1 102.19 Apr 1951-1955 Treasury Treasury 11 May 3$ 27/aS 2%s Treasury Treasury Treasury 11 13 Nov Treasury Treasury {Treasury Treasury 101.30 Sep 107 the Week Mar. 23 Low High Sales for Friday Mar. 22 Mar. 21 Low High Low High Thursday Wednesday Mar. 20 Mar. 19 Mar. 17 SALE PRICES Tuesday Mdnday Saturday STOCK HIGH AND LOW GOVERNMENT Range for Previous 74; , 72% '73 1 , 73% 78% 73 *72 78% 73 — *76 73% 73% 2 72% 73% 72 % 73% 73% — ' ■ *72% ' —- 75 — 74% 74% 1 74'% '• *72% •••"'' — 74% 74% 72 73 72% .• 73% — Wertheim & Co. Telephone Teletype Members New York Stock Exchange 120 REctor 2-2300 NY 1-1693 Broadway, New York ■ *72% 74 itmm *73 % *72% —— —— „ '• y . 73 .mm**,- 73 74 -- *72% ' „ 74 — ' 100 100 — 74 *72% ■ : 99% . 74 12 99 102 1 100 99 101% 99% • .— Foreign Government AGuaranteed Akershus sinking lAAntioquia (Dept) Canada 81% Feb-Aug 81% April-Oct 4s 1968 collateral 7s A 1945 •90 81% 1 81% 56 % 96 56'% ACarlsbad Cauca Val 54% 56 55% 57% §A7s *56% 54% 56% AExternal *56 % 54% 55% sinking fujjffil 7s ser B 1945__Jan-July sinking f|p|d 7s ser C 1945__Jan-July lAExternal sinking flffll 7s ser D 1945—.Jan-July AExternal sinking fund 7s 1st ser 1957_April-Cct *56% AExternal sec sink fd 7s 2nd ser 1957_April-Ocf *56% AExternal sec sink fd 7s 3rd ser 1957-April-Ocf *56% f $ bonds 1978— 81 90% 54% 1 56% *56% lAExternal s 81% 89 ' lAExternal 30-year 3s 2%s 25-year 2%s __ 56% 58 39% 38 41 100% 100% 39% Jan-July 54% 55 1 99 100% 57 99% 101% 39% ■ A6s A6s Australia (Commonwealth) 3 %s 3%s 10-year 10-year 20-year 1958— 5s 5s 1955 3Vis AExternal s 93 10 90% 92% 89% 25 88% 92'/2 41 88 92% 10 87% 89 June-Dec Feb-Aug „Jan-July June-Dec „t external 8s 3.5%) June-Dec 1941 1 .„ 6Vis f s 1927 of due Stamped pursuant to Plan A reduced to 3.375%) 1979 A7s 89% 87% . funding bonds of reduced External to 3.375%) 102% 103'/a 2 109% 108% 109 % 10 108 87% 87% 1 87 Va 63'/a 64 29 59% 86 81 % 1957—-April-oct 63% 63% — 63% — . *85 1- 57 — 63% April-Oet June-Dec — — 63% June-Dec — 57 63% V- 82% — 63 63 1 59% 63 63 % 63% 1 57% 63% 1979—(Plan B) April-Ocf 76% 76% 76% June-Dec *72% 75 3 June-Dec *73 % 5 June-Dec 4 3%s series No. series No. — 7 334s — 8 For footnotes see. page — . 29. 74 74 June-Dec *72% June-Dec *73 74 June-Dec . . ., — *74 76% 2 75 No. 51 37 37 2 35% 38 *50% 1961—Jan-July • • — — 36% -——-Jan-July 1961—Mar-Sept Mar-Sept April-Ocf April-Ocf Mcy-Nov " . —• — . 37 "51 . . 78% 72 74 73 2 51 37 35% 37% 52 35% 37 35% 4 5 36% *50% *36% - fund 6s 1963 1963 50 *50 »/2 ' *36% May-Nov 1993—June-Dec FOREIGN 37 36% u. 37% « 92 37 35 37% SECURITIES MARKETS PARL MARKS & FOREIGN SECURITIES ,mr — 74 72% 75 75 77%. 50 Broad f|0. INC. SPECIALISTS St., New York 4, N. Y. 75 • Telephone HAnover 2-0050 51 35% Inatitutions FIRM TRADING 74% 73 51 37% 51 51 37 *50'/a ■■ . 35% *36% *50% — 2 No. 50 (interest A No. series 36% 1 82% 2 63'/a *85 No. series assented 51 35% 51 85 J, series 3%s sinking 50 — 51 *36% — 87% 83 15 87 series 3%s A6s fund 6s 1962 1962 60% 40% 86 64 .June-Dec 3%s sinking *50% 101 Va 60 y8 37% ■ 10 64 86 — 1 3%s AExternal 98 l .. -r.— 39% 101'/a 110% 103% No. series 1961 Extl sink fund dollar bonds 2-3s 1931 dollar bonds of 1944 334s Jan 39 40"% 104% 98 " *61% Feb-Aug sinking fund 6s Sept A6s assented Sept 1961 A6s assented due 1951 Stamped pursuant to Plan A (interest 6 % 1961 6s Feb 1961— AExterenal AExternal 98 37 102% 104 102 (interest (Central Ry) 1S52_. Stamped pursuant to Plan reduced to 3.5%) 1978 87% 88 87% (>' V assented 30 98 98 May-Woi) May-Nou April-Oct April-Oct Feb-Aug For Financial June-Dec 1978 6%s of 1926 due 1357 April-Cct Stamped pursuant to<Plan A (interest reduced to 3.375%) 1979 April-Oet AExternal 91% (interest Stamped pursuant to Plan A to 90% 90% June-Dec (Kingdom of) 6s 1955 sinking fund 7s 1955 reduced 12 90% 88% 91% ■ 1967_ (U S of) 100% 101 91% Feb-Aug External lABrazil 100% fund assented Feb ARy external sinking fund 6s Jan June-Dec 1956 1957__ 20-yar 3Vis 1966 15-year 3%s 1962—: Belgium Jun-Dec Jan-July fund 6s I960-.— I960.: sinking 98% — 1942— sinking assented AExternal A 6s Antwerp'(City) external assented 8 28 98 39 98 — lAChile (Republic) external s f 7s 1942 7 57% 1974 1975 39% 102% 102% 1978-Jan-July Jau-July Mar-Sept —Mar-Sept (City) 8s 1954———-Jan-July (Dept of) 30-yr 3s s f $ bds 1978-.Jan-.7uZ2/ (Dept of) 30-yr 2s s f $ bonds (Dominion of) 3%s 1961 25-year 81 *77 Mar-Sept Jan-July 1948 fund 6s (Kingdom of Norway) Caldas Municipal and Agricultural Mortgage Bank (Colombia) — lAGuaranteed sinking fund 6s 1947 Teletype NY 1-971 ' The Commercial and Financial Chronicle (1294) 2C . . . Monday, March 26, 1951 NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH 23 Thursday Week's Range Interest Last Period York^tock Exchange New Sole Price or Thursday's Bonds Jan. 1 NO. A Chile Mortgage Bank 6%s 1957 assented A6-/2s Xg'nec 5? {jJfSS J«we-t)ec 1957— ^Sinking fund 6%s 1961 assented 6%s AGuaranteel A 6s 1961 assented AGuaranteed A6s 1961 fund 6s sinking 1961 assented 1 "" 37 51 — 36 37 — 50 51 35% 37 37 3/ "363/! "" "" 37 50 Rio Grande do Sul A7s 3 Consol AChinese I960 Municipal 7s assented A7s II 35% • (Hukuang Ry) 50 37 June-Dec 1951 5s „ " *363* 36,4 - 6 1928 Oct A6s 1927 Jan of 1961 Ja 1961 SASinking fund 7s of 1927 due Copenhagen (City) 5s 1952 oO'/a reduced 7% A6%s 88 88 — __ (Dept of)— 30-year 3s sinking fund $ bonds 1978 Chechoslovakia c/c) extended JADenmark __ 111 1 — 66 77 14 60% 73 35% 111 A ,4 30% 1 111% 112% 37% 40% AOs 3%s extl dollar bonds f Jan f dollar bonds Jan (Republic of) Consolidated 1st 7s Elec 1976 1 42 51 i & j) 94 k 24 80% 94% A6%s 88,4 2 75'A 89'A ASilesia 80% 80 Va 80% 40 70% 83% 77 77 77 62% __ i9 62% 63% 53% 62% __ *53% — *8% 54% 10 < 10 >■/. 5 55% 13 — A4%s — 71 71 -- 65,4 — vy .• . '••*. .y ,. Greek Government— 2 46 78 44% — 76 part paid A6s part paid 1964— 1968 —May-Nov Feb-Aup , — Helsingfors (City)-cxternal 6y2s 1960 (Republic) extl s f l-3s 1977 Italian 9% — April-Oct Jan-July 7% 9% 36% 36% 10 6% 11 -- 37% 1% 3% to 5 A 7s series 1977 B Public 37% A Italy 1% to 3% 1977 (Kingdom of) loan 35% Jan-July 7s 1951 50 28% of '30 35% 61 3o% 54 60% 60% 35% 58 48% 3 ' 78 June-Dec 70 11 A Jan-July 39% — 56 87 A4%s 80 Yokohama 10% 12% 55 A4%s ANew (1922 agreement) small 38% (1942 J A 5s *"8% — 1968 1899 ~7% 9 1945 "9 9 — due A6s Quar-Jan (1922 agreem't) new assented 1945—Quar-Ja;: (1942 agree't 1963)-Jan-July *14% 1904 assented of 1910 ment) 13 1954 (assented to 13% 15 *14% 1968—Jan-Juiy 1922 15 14% 8% 8% 8% _7 new assented (1942 agree't) 1963—Jan-July agreement) (assented to 13% 12% 12% n% 15 11% 17 1922 1933 12% Jan-July ASmall assented new (1942 agree't) 1963_Jan-July ASmall *17 __ 16% (City of) 6%s 1952. April-Oct Ifinas Geraes *36% — Municipal Bank extl sink extl loan (30-yr) Oslo 98% Mar-Sept lApril-Oct 35 97 98% 97 35 99% 95% 1 36 y4 96% 28 97 98 95% 96 95% 97 95% 23 95 96 __ 1970—June-Dee 91% 91% 10 90% 91% 98 99% 16 96 99% 56% 57 — 9 1958 ^ApriZ-Oct * _ 37% 10 32 96% 96% Mar-Sept 19 55% 55% — Mar-Sept Mar-Sept s f 6s 1st series 1960—June-Dec s f 6s 2nd series 1961—April-Oct extl l0an extl 1 IA Poland 2 " 94% 69% (Republic of) gold 6s 1940 33% An 4%s sinking assented fund 8s 1963— to' ^iilntieQr««St stamped t0 2-375%> fedUCe2 7%s 1966 pursuant to Ao,(in^erewSt reduced Janerio Stamped pursuant reduced AExternal to reduced do to to loan of 2%) Sul to Stamped Bosch A6s external Stamped tc to For footnotes see to 33% 34 debentures 33% page 34 25 " — *54 64 52 52 65 __ 70 70 35 2 60% 43'A 75 49 80 *151 __ *134% — — *140 __ 97% 96% 95 % 95% 15 94% 94% r; 3 1978—Feb-Aug 99% '- Jan-July 65 99%," 99% *78 __ 98% 92% 98% 91 ; 95% 91 " . 2, - •<• 90 Feb-Aug 95 96% AND 1967 62 f s • INDUSTRIAL 14 83 1998 62 4 debs 104% __ 98% 98% ~2 98% 99'A 94 10 94 98% *100% „ 98% 79 93 76 96 96% 96% 97% __ 93 93% 108'A 109% 439 104% 110% 6 95% 97% 108'A __ June-Dec 98% 96'A 98% 114% 105% 105 April-Oct 98'A 101 % 109 'A lib'A 105 107% 4%s A 94% 51 98% 119% 126 32 97'A 100% 807 111% 117 V8 76 100% 103 5 100% 104% 91 88 % 90'A 93 96 94% 4 122 121% 122% 22 121% 129% 116% 116% 116% 4 116% 121% _ April-Oct May-Nov —May-Nov *103% 103% 104 1952„Mar-Sept 101% 101% 102 28 101'A 103 June-Dec July unified 124% 125% *90% __ April-Oct Stamped 4s July 1 1995 Atlanta & Charlotte Air Line Ry— First mortgage 3%s 1963 Atlantic Coast first consol 4s General __ Quar-Jan 96% 26 31 100% 101% 100% 102 1969 first gold 4s July 1995 Products Co 5s 1966 Atchison Topeka & Santa Fe— General 4s 1995 99% 100'A 93 112 105% 97'A 96% 10 114% 115% June-Dec 97% 98'A 35 99 June-Dec 1963 v 96% 100% debentures 85% 98% 96% June-Dec Arbor 103 81'A 96 ' 96 ApriZ-Oct P W 105% 103 88 97 % Feb-yiup April-Oct Jan-July 1959 105'A *103% 104 115% 116 i w 72 94 __ 1964—May-Noy 1957 5% 43'A COMPANIES *81 June-Dec 1961 P I— Mar-Sept 1966 9% 5 64% *__ __ April-Oct 1956 6 7 May-Nov 1971 debs 107% 107 107% 23 105% 109 105 105 105 106% *__ 99 1964 mortgage 4%s-4s ser A 1980 Atlantic Refining 2%s debentures 1966 — Mar-Sept __ Jan-July — 2 99'A 101'A p.. B Baltimore & Ohio RR— First mortgage 4s series A July 1975 April-Oct First mortgage 5% series B (4% fixed and contingent interest) July 1975.April-Oct Refunding and general mortgage 5% (2% fixed and 3% contingent interest):— Series 94% ._ 1% 100 100 96% 28 94% 100 'A 100% 43 98 103% G due K due March 1 2000 75% 72 Mar-Sept 75 M due March 73% 1 1996 75 % 37 Mar-Sept 73% 82 % 75 73% 75 84 73% 82'A 94 Ref 10 Dec 1 1995— fixed > ZZ II 7% 6% ^.June-Dec ~7% 12 6% 6% 1 5% 7% 10 Plan A *, 2001—Jan-July Plan Jan-July April-Oct • • \ • I. *38% 00/8 A 1946 A " A and Series J 7% due Dec 1 1995 June-Dec 2010—— May 1 (3% % div first & West A 1980 and 5% ser contingint) M 4s series 1st Bell mtge 4%s Creek conv 1976 Extension Telephone of Pa Beneficial Consol 37% 36% " 39 y8 Industrial first 5S 3%S series Loan C 2'As 36% ADril-fw (interest" am, A A First 55% 55% First 6 37% 41 First 2 46% 49% First a 1 1m? 11 Feb-Aug v "" _ 33^ 34% 13 * 33% 36 April-Oct (interest wv — 57,4 ~ April-Oct 42 June-Dec (interest "" " 36,/a ~ 361/> ^ 43 47 48 34% 36% ■ & mortgage 2%s series mortgage Maine 19 87'A 316 63% 71% 94 94 92% 98% 82% 83% 3s series J K 113% 1961_May-Nov —Jan-July 1976—...May-Noy 97% Terminal Bush Terminal Co 5s 91 97% 4%s 4s series series JJ RR 1961 1960 Mar-Sept May -Nov ApriZ-Oct Jan-July 93 *102% * v rirst 4s 1952..^.^ r955_j„ Buildings 5s April-Oct Jan-Ju y gtd 1960 April-Oct __ ^ 82% 90 95% 113 116% 99 -- 98% 29 97% 97% 99 % „ 103% 104 — 93 3 mml- — 92 104 % ■ 86 86 66% 88 67% *— 105 *85Va __ 101'A 104'A 94 104'A 93 90% 14 ■ 82% 51 65'A 71% "2 104'A 105'A 103 105 99 101% 87 —— 67 91 4 — — 90 80 ~5 113% 113% *__ .. AInc mortgage 4%s series A July 1970..May-Noy „ Bristol-Myers Co 3s debentures 1963. April-Oct Brooklyn -Union-Gas 4s debentures 1969__Mar-Sept General mortgage 2%s 1976— Jan-July 1st mortgage 3s 1980— Jan-July Buffalo-Niagara Elec first mtge 2%s 1975_May-Ncv " * Buffalo Rochester & Pittsburgh Ry-— Stamped modified 4'As 1957—.. May-Nov Bush — *98'A 100'A __ Jan-July 21 86 *__ __ 1970 83% RR— mortgage mortgage 2 90 __ I960—April-Oct 1979 'I' *79 1985_Jan-July mortgage series 5s AC 1967.^ mortgage 5s series II 1955.! Consolidated 6 88 % 66 % __ Jan-July 1951——April-Oct debs Steel Corp— mortgage 2%s scries I Consol — (interest _ 38% . 87 % 64 % A 1980. Jan-July D 82% 66 division ref Bangor & Aroostook RR— Beech * ~ 73% — May-Nov mortgage fixed & 1 % % Toledo-Cincinnati Boston *36y» 73% Virginia— Consol ■ 75% mortgage 6% (2%% 3%% contingent interest) — 34 ' ~5% ' general 34 —*r- __ and First lien <"6% __ ' 100'A 78'A P-- 9% *6 __ June-Dec 3%s 9% __ 124% Ann 65 73 33 . 115% A 37 I~3 6?% 52 b V2 91 42 — 65 , 8% 5 88'A — 56 *61% 13% 67 8%- — 6% June-Dec debentures conv 31% 10 June.0ec 2d. 13 94 % 95% 1961 3%s convertible debentures *5% *8% 1946. Plan *7 13% 44 5 May-Nov 1987 31% •60 33% __ 5 1999 2012 65% May-Nov 1973—June-Dec 1975 S'western 10 sinking fund gold 1968 pursuant reduced to 2%) 9% — 1986 34 2 Feb.A^ Plan 65'/2 — Feb-Aug 1st 31% 9 13 2012 2.5%) 9% 13 *6 Feb-A?*y 1979 1979— Corp 3%s 2%s 99 (State of)— pursuant reduced 34 7 1953 Plan 11% *88% May-Nov May-Nov ^ '26 37% 10 2001„ 6%s fA8s external loan of 1921 _ 1937) conversion 1958 34 "■LZr- 6% 2006 8s Plan 2.375%) secured Stamped pursuant Rio Grande t0 2-25%) (City of) __ Mcr-Sept Bethlehem pursuant lARio de 33% 35% April-Oct gold Porto Alegre (City of)-— 8s 1961 stamped ■ 1945 Pittsburgh Lake Erie Refunding 4s series 1950—Jan-July .Jan-July assented 1968 #. .. June-Dec A4%s convertible income Feb 33"% April-Oct fJl 'ufv as,s.ented 1958 AExternal 11% Mar-Sept (City of)— debentures 65% 50 *33% __ -—April-Oct IA Stabilization loan sink fund 7s 1947—April-Oct ■ *11% Series r^ucedult0 2.125%) 2008— ITU P^epubllc, of) external 7s 1959 ANat loan a __ Series — (interest An 1952. " Mar-Sept May-Nov (City) sinking fund 4%s 1955.-.. lAPernambuco (State of) 7s 1947_ Stamped pursuant to Plan A , 65% 49 95% __ 76 59 36% 49 36% 98% 49 95% Feb-Aug Oriental Development Co Ltd— A6s extl loan (30-yr) 1953 A5%s 54 49 — *30 — May-Noy 1957i__—April-Oct fund 5s 17 47 — — Mar-Sept (Kingdom of) 3%s 1957 Norway (Kingdom of) 4%s 1956 External sinking fund 4%s 1965 4s sinking fund external loan 1963 3%s sinking fund external 66 17 15% 75 — Mar-Sept 2008 Netherlands ■ '12 Gen sinking fund 6%s 1959—Mar-Sept Stamped pursuant to Plan A (interest reduced to 2.125%) 17 *— __ (State)— ASecured extl sinking fund 6%s 1958—Mar-Sept Stamped pursuant to Plan A (interest reduced to 2.125%) 2008 ASecured extl 16% 16% 75 63 Jan-July — A6s 79 *58% __ April-Oct readjustment deductions 3s *13 *__ __ Jan-July 1961 conversion 3%s __ of 1913 63 June-Dec 1958 1971— 2%s convertible debentures 3%s debentures 1973 ! 2= CO — ASmall 60 Feb-Aug Mar-Sept American Tobacco Co debenture 3s 1962—April-Oct 11 agree¬ — A4s An f assented extl 2%s 15 Jan-July lATreasury 6s 60 Ltd— 2%s convertible debentures 2%s debentures 1982 June-Dec 1945 ASmall Milan Co '27 Albany & Alleghany & Western 15% 15% to agree't) iA4s 15 *14% .. __ ... of 75 *58% „ June-Dec (dollar bond of 2%s ALarge (2922 agreement) due A4s new assented (1942 66 75 May-Nov — A Small A4s 58 American & Foreign Power deb 5s 2030—Mar-sept American Telephone & Telegraph Co— 2%s debentures 1980 u assented 60 80 Jan-July Jan-July RAILROAD Large A5s A f of s 2%s A *58 * mortgage 3%s 1972_.Jaw-July Susquehanna RR 4%s 1975 April-Oct 1968—Jan-July ALarge 79 June-Dec 7s of i A 5s 70 79 May-Nov American Small 63 (interest 1962 (Republic of)— Mexico agreem't) 66 82 __ Ltd— gtd 4s Allis-Chalmers Mfg 2s debentures American Airlines 3s debentures A *61% Jan-July Mar-Sept A 1952 Alabama Great Southern Alabama Power first 1943_May-Noy 56 * 1968 Co 40 5 1943 assented Jan-July 56 39% 55 A Valley (Dept of) (City) external 7s 1958— 46% 54% 71 62 *55 Cauca 1 Mexican Irrigation— §A4%s assented See 17 , 11 A *— — ; 58 70 (interest 4-4%-4%s external readjustment 3%s external readjustment 1984 Valle Del Cauca 45 79 68 — ——May-Nov 1957—April-Get 77 — Feb-Aug 1965 Mtge Bank) 7s AMedellin (Colombia) 6%s 1954 30-year 3s s f $ bonds 1978 58 (Republic) external 8s 1946 sinking fund 6s 1960 sinking fund 6s 1964 External AWarsaw (State 60 May-Nou external 3%-4%-4/;5S external 61 -- 60% 29 55 -- *58 (interest 1958 loan 3%-4-4%3 External 35% 54 — — —June-Dec Japanese (Imperial Govt)— A6%s extl loan of '24 1954 A5%s extl 35% — Jan-July 1952 7s A Jugoslavia 34% Mar-Sept Utility— Credit Institute AExternal ,34% Jan-July 1947 75 1962 Power mtge AExternal Italian Credit Consortium for Public "Works Italian 1st AExternal 73 29'A extl SAUruguay 9% 72% -w— 45 56 75 May-Noy 1957—May-Nov A external sterling loan of A7s 10 — 46 % 80 Tokyo Electric Light Co Ltd— A6s 1st mtge $ ser 1953 UJigawa Electric Power Co Ltd— —— A7s 56 to f s of) (40-yr) s (City of) — A5s Feb-Auy mtge 39 56 2004 Power assented A5%s 38% *__ 1956 loan external Electric 39% May-Nov 2%) A5%s Tokyo , Jan-July •" * ■. 1st Taiwan . V' 1950 1 ■ dollar (Prov 41 . April-Oct Sydney County Council 3%s 1957 <rrr7 Jan-July 1944 mtge gen • 2.25%) Shinyetsu Electric 53% 39 (interest 1999 loan pursuant secured *— __ Plan A (interest 2012 April-Oct Serbs Croats & Slovenes (Kingdom)— 88/4 __ —Jan-July 1967- Power— mtge series A 1st * 53 41 Jan-July 2.5%) to High , pursuant to Plan to 2.5%) 1999 water to reduced 94/a -- 1976———Jan-July 1 1976 Jan-July 1 , " -46 — Feb-Auflf April-Oct dollar bonds Jan s s AEstonia — (Republic of)— f s Stamped _n.., 39 A to external *39 — June-Dec 1950 reduced Low of)— reduced external Jan. 1 No. A 2012 A7s series B secured Jan-June 1942 6s 2%) stamped external A8s external to Range Since Sold (interest A Plan Bonds High 53% June-Dec Stamped pursuant to Plan 9 39 — A 2.375%) 2001 sinking fund (State 1936 A 7s 33,4 —. — April-Oct 1960 gold 5'As 1955 External gold 4%s 1962- A7s to reduced ~7 atv Thursday's Bid & Asked May -Nov 2004 secured (interest reduced to (interest to 20-ycar Salvador , , Jan-July External A6V2S extl Paulo 8s (State)— Stamped assented 3s extl Plan 1966 Stamped pursuant to Plan A S 33 "" May-Nou June-Dec 50% San A8s io 2 ™ay~M 89 46 % 22 92 Cundinamarca Great to 2.25%) Stamped pursuant to Plan y. 52 52 52 ,wne~S™ 25-year gold 4 '/2s 1953 Rica (Republic of) 7s 1951 Cuba (Republic of) 4%s external 1977 ACosta 1 49% .50% __ Feb-Aug 1947 q2 cfiQ ^ l , fund dollar bonds 1970—Apn-Oct Mortgage Bank 6%s 1947 April-Oct jASinking fund 7s of 1926 due 1s46 —May-Noy 3s ext sinking 4s extl to reduced q2 " lAColombia SI 1926 due 1967 (Republic of)— A6s of 6 of Stamped pursuant to Colombia or Sale Price — stamped pursuant to Plan (interest reduced to 2.25%) 2004 ARome (City of) 6%s 1952 ASao Paulo (City) 8s 1952. 36% 50 35% " "" -Mar-Sept 1960__ external loan reduced 7s " ^Chilean Week's Range Last Period (State of)—(Cont) Stamped pursuant ' - 3/ — 37 „ — " *36% 36,4 Interest Exchange Low 51% — , BONDS New York Stock High — " K~noJ 1962 37 "50V, __ ^pJ]"nrt April-OCt --- sinking fund 6s 1962 Low 51 *37 ^ " ~ Thursday Range Since Sold Bid * Asked 99% 99% 101% 97% -- 101% __ 97% __ 81% 81% 6 14 *99% 102 __ *100 __ __ 81 £8 ■ 104% 104% | 80% 85% 98% 1 102 99 102 101 103 105 - Number 4997 Volume 173 . , The Commercial and Financial Chronicle . (1295) 27 ,-K NEW YORK BOND RECORD RANGE FOR BONDS Periud New ^ork Stock Exchange Last Bid & Asked Sale Price California Canadian consol gold 4%s, gold 4'As Guaranteed -Jan-July June-Dec 105%; Pacific v/ 104% 104'A 110 101 % Capital Airlines, Inc— debs 'series ' *— 109% 108 107% 20 ' 8 107% 107% 1978— Dayton Union Ry 3'As series B 1965- 111% Deere Delaware & Hudspn 4s extended 109 % Clinchfield 101'A 102'A 68 :•> 103% & Co 2%s debentures 1965 4s 99% _Mar-Sept 35 99'A 97% 100 96 Celotex AIncome: mortgage Collateral —Feb-Aug 3'As debentures issue) (1947 *68'A 72 *101% due 1993 trust 4-6s May — 1948—June-Dec -- — 102'A 104 ' 102'A 102'A — — 103% 102 'A 12 mortgage mtge & coll tr 1st mtge & coll 100 % 104 series 78% Jan-July 1995 A mortgage 4%s series B Jan 1 Central RR Co of General Central New Central Pacific First and . N J— York 1 • 3'As mortgage 77% 75% 85'A 85 13 78% 79% 80 58% Jan-July ApriZ-Oct 1974 3s — 80 88 57% 58% 'l 26 1 % 4'/2s Refund 101% 104% 103% 104% V "•' ;*■" 103% 105'A 102'/a 103 1 104 5 . 1974 104 Feb-Aug • *100% 104 —Feb-Aug Jan-July — *101 % 103 ■;; R & * 125 125% 8 125 1996—May-ZVou 101 102% 7 101 104% 102 102 1 103% 104 16 Feb-Aug 3%s series H 1973—June-Dec consol gold 4s Second consolidated gold 103% *— Jan-July 1989 -Jan-July 4s 1989 — First 4s 1958 and refunding 4%s series B 107% 1977—Feb-Aug *111 1985—Feb-Aug refunding mortgage 2%s 1970—Feb-Aug 1st & ref mtge 3s 1990 Feb-Aug ; r ;V:.' .v ... Chicago 'V -A 7 First mortgage '' i inc inc mtge 5s conv 4%s 76% 76% 76% *101% 75% 76% 104% 105 y* 101% 101% 100% 2 — — 87% 82 2 103% . *11 102'A *— 98% *98 102 % 85 — mortgage 4%s inc Chicago Indiana & Southern 4s A Second 1 102% 6 102 98'A 1 90% 84 *99 Jan-July .june-Dec 102% 98'A *97 —Mar-Sept June-Dec 96% — 102 1982—May-Sept 1 106% 1995 112'A 100 % 112 113'A Cheimcal — 100 ' mortgage 2%s 1st fl— __ *93'A 96% *— 98% *98 *— 98% 1980 105% 93% ^ 95% 98'A Feb-Aug - 98 80 74% 104% 97% 98 Feb-Aug 1979 2%s mortgage 2 -May-ZVou Duquesne Light Co 2%s 1977 '1st *74 April-Oct 1961 116% 73 105% 105% RR 2%s ser B 1976-Mar-Sept debentures 101% 76 ; May-Nov 1961— 101% 111% ' — 152 80 June-Dec Tunnel 4%s 2.35s *76% June-Dec 101% 105 % 97% ' 99'A looy* 97% 17 102% 98'A 100 102% 102% 108'A ' 109% , 107% 102'A 4s gol^ 4s 1995 Detroit Terminal & 4_- 107% 107% 104 lu2% 99 101 -- • 101 101 1 99 101 86% 74 98 85 95% 85 *130'A — 94 86 "4 94% — 130'/2 130% ' 94 Jan-July 268 3 84% 85 85 April 100'A 94 86 *107% 110 East Tenn Va & Georgia div first 5s 1956 May-ZVou (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry-3'/4S 1970 i—Mar-Sept El raso & ooutnwesiern lirsc os 1965 April-Oct 5s stamped 1965 i Apn'Z-Oct 73% 73% 73% 7 70 68% 68'A 68% 11 68 99 '/a 99% I 101'A 101'A 20 -- — 77'A 78 104% 109% 112% 112'A 112% ' 82% , *99'/a consol mtge 1990—-Jan-July consol mtge 3%s series G 2000—-Jan-July *__ 3%s series F — 94'A 96% 104'A 9 4'A 96% 94'A —— 104% *99% 100 1953—Mar-Sept 3'As 1971—Mar-Sept mortgage 2s series H Ohio Division first mortgage 77 8 *91 First consol 104 — : 109% 111 First 101 99 Co— "5 26 104 *109% First 70'A Jan-July Railroad ioi General mtge inc 4%s ser A Jan 2015——-April First consol mortgage 3'As series E 1964_April-Ocf 76 April 1956 Erie 98 85% April 2003 A Jan ser — 85 111% . May-Nov 1988 1 .2038 Jan 2%s series I Detroit Tol & Ironton 108% *99 — April May-Nov 1997 Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983 A 2nd 86 »/4 Edison El 111 3% series B 1985 1st gold 5s 1982 Chicago Gt West first 4s series A AGeneral 88 86'A 1 1970——. H lien gold Mack first & Dow • mortgage Chicago & Erie 80% April ser J 1985-1 convertible debentures 1958 3s 107'/a & Eastern 111 RR— AGeneral * •' '' 18 Jan-July ,.'Gen:& ref mt.ge 2%s 105% 5 93 and refund 117 — — *100 First and refunding mortgage 3'As First and 103 % 101% 108% 103% Mar-Sept 3s.series 117 118 Chicago Burlington & Quincy RR— General 86 (4%% 2018 interest) Edison General 133 impt M 3%s series E 1996 first div 79 V2 85'/a ' Mar-Sept and impt M A 99 72 85% May-Nov 1993 (3% fixed * contingent interest) 1993 1% Y Detroit 1992 interest) Income mortgage Detroit impt M 3'As series D and Refund 92% 11 May-Nov 1985 A ser mortgage series A contingent Ry Co— refund 3%s series A and 8 77'A Denver & Salt Lake— 59% 55 \ 102 102 — h 183 Chesapeake & Ohio Ry— Refund 96% - . 5s tr 4'As oer B 1985 contingent A Income 87 % i \ > 1987 Power *83% May May 1 2020 2020 First mortgage 3%s series B 1968 Champion Paper & Fibre deb 3s 1965 General 96 '77 May-Nov 2042 1 April-Oct 1977-Jnne-Dec First mortgage and coll trust 2%s 1979—Jan-July 1st mtge & coll trust 2%s 1980 Mar-Sept ' mortgage 4%s series A Jan AGen * 102 % 101 Denver, & Rio Grande Western RR— First mortgage series A (3% fixed AGen » 99% 97 / "19 99% 100% May 1 Delaware Power & Light 3s 1973— First mortgage and coll trust 3%s : of Georgia Ry— First Pennsylvania Division— 74 68'A — , __ 102'A 102'A Feb-Aug 1960 §ACentral Brahch U P first gold 4s Central 106'A 105V4 , 1960 debentures 1963 New York t 100 92% *105% 108'A — -June-Dec April-Oct 3'As — ™ 'lOO'/a May-Nov 1st Carthage & Adirondack Ry— « First mortgage guaranteed 4s 1981 Celanese Corp 3s debentures 1965 Corp 106 June-Dec 1965 Lackawanna & Western Div . First and refund M 5s series C 1973—May-Nov 101% 100'A v 101% 99 106 *— Morris & Essex division ^Mar-Sept Ohio & Hlglr Delaware Lackawanna & Western RR Co— mortgage 3s series A ' Carolina Jan. 1 Low No. 99% *— April-Oct 109% , I960— A Range Since Sold High *— June-Dec 100 % 29 100'A 100'A — , •" 108 Dayton Power & It first mtge 2%s 1975—-April-Oct First mortgage 3s 1978;— Jan-July 7 stock Bid & Asked Low First Ry— debenture conv ' — 107'A 1956 Bonds Thursday's or High. 104 *7 ■ 109% 109% 109 % Feb-Aug Mar-Sept gold 4%s 1951 Canadian 4s 104 105 — (perpetual) __.Jan-.7uZp Guaranteed «. *11 May-JVou —J 1955 Week's Range D gtd. 5s A 1962_^—ApriZ-Oct Ry— gold 4'As 1957 Guaranteed 4% Low Last Sale Price Period New York Stock Exchange National Guaranteed i No. High Interest BONDS * Jan. 1 1976—June-Dec 3s Power- first Oregon Power 3%s 1974 Canada Southern * Range Since Sold £ California Electric .. Thursday Bonds Thursday's or Low ;'V:Y; WEEK ENDED MARCH 23 Week's Range Thursday Interest *103'/2 — Chicago Milwaukee St Paul & Pacific RR— First Jan-July General mortgage 4 Vis inc ser A Jan 2019—April 4'As conv increased series B Jan 1 2044 April Chicago & North Western E|-— n f Second mortgage conv inc 4%s Jan 1 1999—April First mortgage 3s series B 1989 _Jan-July Chicago 1st 1994 mortgage 4s series A Rock Island Jan-July June-Dec June-Dec 1980 Chicago St L & New Orleans 5s 1951 Memphis Division 1st gold 4s 1951 Chicago Terre Haute & Southeastern Ry—•' * ' First and Income - 87'A 80% 79 81 54 79 67'A 66 67'A 61 65% 74 66% 66% 68'A 107 66% 74'A Firestone Tire 94 % 94 Va {Florida East CoaSt first 4%s — *92'A - V/ 97'A — 1994 97'A 13 100 AS 2 100 *101 IS 101 — T3 83 83 * '* /MM- mortgage mortgage Jan-July 105 % Jan-July 3'As series F 1963 2%s series G 1963 102 1952—Jan-July First and refunding 4V4S series D 1962_Mar-Sepf Cincinnati Gas & Elec 1st mtge 2%s 1975_ApriZ-Oct First mortgage 2%s 1978 Jan-July Chicago & Western Indiana conv 4s Cincinnati First , C I Financial T Service Cities City Ice 2%s Fuel & 1974 Co -Jan-June General 5s 102 106 General 4%s 102% General mortgage 3'As series N 102 General mortgage 3'/as series O 2000 99% 102 General 5s series 1961 Wab Mich Electric Cleveland 100% 98 93 — ••• ' ' ~4 First 102% 102 i7ff 3 102% 103% 16 128'/a 128 V, 119% 119% 6 119% 122% 97 Jan-July Jan-July 1990 *__ . 89% 98 ' — — 2 '100% 69% 69'A 73 1990—May-ZVou *91 91 General 79% 5 95'A Jan-July 102 7/a June-Dec *__ Mar-Sept *98% — — 102 'A 105'A 99% *97 3s 102'A 97 Fist 105% 99'A 70 mtge inc 4s series trust 3%s 1968 Utilities 2%s B Jan 2044 80 3 20% 30% 25 103% 105'A 86% 10 __ 22 mortgage debentures 70 *102 88% 102 „ 69 76% 102 18 70% 102% 98% Jan-July 102% 102 197 98% 102% *__ ApriZ-Oct 1978_, 3s 1969 84% 101% Jan-July 1976—..May-Nov 1st mtge 85% 96 76 86 86 Collateral Gulf States 106% 105% 102% 104% 20 102'A 102 7A 1982 gtd 4,/2s 1961—ApriZ-Oct 97% - 104% 105'A 105'A April _ First and refunding 100% 66 Jan-July 75% 22 5s series A July 2015 April 3%s series D 1969—April-Oct 96 84% 96 *73% 101'A 101 % 89% 95% 84% *„ 97 99% 8 97 90 *__ Feb refunding 4s series B 1975 and 99'/a 128'/a 128'/a Qulf Mobile & Ohio RR— 100 70 , 96% 101% ' 96'A 99% Jan-July 1976— certificates B A Debenture 94 71 *101 70 1985 first 100% 98% 90 95 95 *— 3s Short Line 98% 98 100 2%s mortgage mortgage s 70 1970 Illuminating 3s 170 70 1977--Jan-July 4s St Louis Division first coll trust 4s Cleveland v 99 % Jan-July 1973 D series General mtge inc June-Dec 1st Div 12 99'A *94 'A 102 1991-Jan-July 1993 B & — June-Dec 1993 4s C series General mortgage 2%s series P 1982 Jan-July General mortgage 2%s series Q 2010 Jan-July General mortgage 2'As series R 1961—Jan-July AGreen Bay & West debentuies ctfs A—— Feb Ry— Refunding and impt 4'As series E Cincinnati June-Dec 98% 98'A *97 June-Dec 1966 debentures Chic. & St Louis 110 109 100 98% 98% 81% Jan-July 1952 General 5%s series B f *97% 100'A April-Oct debentures 4s Cine nnati gold 1st 101% —— Feb-Aug 1959 dens 1 s General First 105% 103 100% . ' • *94% 99% Northern Ry Co— Great 104 *100 1969_+_Feb-Aug 197/—— Corp 2%s 1965—May-Nov Co first mtge 2%s , series E 3%s 2%s series G Co City Investing Clceland 99% (B F) Mar-Sept 10 102% 103 *98% *V'\. General Realty & Utilities Corp—A 4s conv income debentures 1969 101 Union Terminal— mortgage gtd First mortgage . 102% 82 95% — G ; 89 85 14 7 .. 102% 101% 80 18 102 103% 102'A 76% 2 . 100% 32 85 1 105% 105% 102 160% 101 'A *76'/a ' : 81V2 77 ■ — X.H *102'A 105'A 77 101% 8 102'A 102 May-Nov 1961 1959 . —Jan-July 88' 83 *85'A Chicago Union Station— * First 3s debs — Goodrich First & Rubber .—June-Dec A First and refunding 5s series A 1974—Mar-Sept ACertificates of deposit Mar-Sept 100 97 10012 • refunding mtge 2%-4'As 1994.Jan-July 2%-4y4s 104% Pacific RR— & mtge 27/as ser A 101'A 100% First mortgage First mortgage 2%s June-Dec June-Dec 1979 2%s 1980 *98% Cleveland Union Terminals Co— First mortgage 5%s series A 1972 First mortgage 5s series First ; mortgage 4'As series (stamped modified) Colorado First C 1977v 104 & — 104 34 105^ 6 104 gi 105% — 104 Si *104 Si 105% 104 gi 105% &'Southern Ry— Colorado 4'As ApriZ-Oct ApriZ-Oct April-Oct 1973 B 104 gi *104 Si 105'A Fuel Iron & 1980 May-Nov 96% 97 50 97 97 89'A Corp— *101 mortgages and coll trust 4s 1964„ApriZ-Oct H Water first mtge 2%s 1976-. .Mar-Sept _Jan-July Hocking Valley Ry first 4%s 1999—— _Jan-July Household Finance Corp 2%s 1970— Hudson Coal first sink fund 5s ser A 1962 -June-Dec -Feb-Aug Hudson & Manhattan first 5s A 1957 Gas A Adjusted debentures Columbus series South & Commonwealth First 3s Conn f s 3s fund Consolidated and series 1978 N refund 3%s of First and refund 25/as ser 1st 1st 1st ref ref ref Bait Gas El M 2%s 27/es Lt ser M ser 2'As conv debs Consolidated Consumers Power T U & (Bait) 1962_—1 Gas 2'As first mtge 27/a 1968 1975 5'As 1942 RR first 5s gold 1952 — § A Deposit receipts §A7%s series A deposit receipts 1946 SA6s series B deposit receipts 1946 For footnotes see 102% 104% page 10 12 97% 96% .April-Oct 129 73% 73% 74% 38 73 * 76 45 43 45 57 41 54% 98 26 97 97% 12 4%s-3%s ser A 1979—May-ZVou 5%s-3%s series B 1979_May-jVou ^May-Now ApriZ-Oct Collateral trust gold 4s 1952— —April-Oct Refunding 4s 1955 —May-ZVou Purchased linese 3'As 1952 Jan-July *__ 102% .105% 102% 103 Va Collateral trust gold Refunding 5s -1955 56 119 'A 126 1 *106% 29. 1061/4 ' 107 102% 104 — *99 *114 -April-Oct 101 Mar-Sept 98% J an-July June-Dec June-Dec 98% 116 . 101'' 2 99% 30 18 99 *— *56% 39 Va > 39 *91 31 30'/a *38 *37% 98% 108'A 98 % 101 % 101 % 99 Vt -June-Dec June-Dec Jan-July 101 *99% 104% April-Oct -Jan-July -May-Nov II6V4 101 '? 102 99 103 4s 1953—— 1. 1966—i Registered —*. Feb-Aug O— 1963—, June-Dec Fir^t and refunding 4%s series C 1963—June-Dec ' First refund mortgage 4s series D 1963—June-Dec Illinois Terminal Ry 4s series A 1970 -Jan-July — 103% 103% 107'A 107'A 99% "3' 1 99% 43 99'/a 102 *100 Vs *100 3*2 100 372 nooig — *100ig 102 .4 — 1 Joint first refund 5s series A 99% 55 Vi 58 — 90 25% 32 40 37% 41 40 37% 41% 40% 26 93 31% 33 101% 107 98'A 102 104% 107% 102'A 102% 100 3?2 100% lOOgg 1005i lOOit 108 108 108% 27 106% 104% 104 104% 11 104 100'A 100'A 100% 22 *98'A ' AFirst 6s series A 1952 Jan-July April-Oct Jan-July ' AFirst gold 5s series C T9Vj _Jan-July Inter Rys Central America 1st 5s B 1972—May-Nov A Adjustments ~6s series A July 5s series B 1956— AF.irst 1952 ^ *90 99 99 4 51% 52 20 95'A *88'A 110'A 106 102 99 V* 100'A 95'A 99 99% 97 99'A {International Great Northern RR— 42% 90 58 % 105% 103 % 100ii — „ 104'/a 100^ 100!% 100^ 100 Va 101% 100 372 102'A 101% 1 * 105 Vi 100 A 101% ' Illinois Central and Chicago St L & N 35% 98% 100 103 108% 105 105% 105% *101'/a 102 Indianapolis Union Ry Co— Refunding and imp 2'As series C 1986—June-Dec 101% 105% 106 100 3S2 105 *101% 103 May-ZVou ZMay-ZVou —Feb-Aug 1953——Jan-July Omaha Division first gold 3s 1951 .'-Feb-Aug St Louis Div and Term gold 3s 1951 '.Jan-July Gold 3'As 1951 -Jan-July Western Lines first gold 4s 1951 _Feb-Aug Debenture 4%s 103% 101% — *„ *100 Louisville Div & Term gold 3%s 105% 122% 123% 122% 3 *108% 102 ' — 102 97'A 108% 106 —;:1"' 104 106 103 1978 mortgage 3%s series C 1974 Extended first gold 3'As 1951-; 99'/4 96% 97'A A 1981—Jan-July *101 mortgage 3s series B Central RR— Consol 101% 103% 103% Jan-July 1981 § A Deposit receipts , 1957— COnsol mortgage 99% 96% *101 April-Oct Power 1976 § A Cuba Northern Ry first , 104 % 98% 103 97 Vi Baking 3s debentures 1965 -Jan-July Crucible Steel Co of Am 1st mtge 3'As 1966 May-Nov ACuba Feb Consol mortgage 103% 98% City— 2Vis ser X 1986 Natural 105% 104 *93% May-ZVou 1979—Jan-July June-Dec 96% Continental . 101 —June-Dec Illinois *102'/? 104% 96% 1972— 1954 mortgage 4'As mtge s f 1982_Mar-Sept B 1977_ApriZ-Oct C 1972—June-Dec 1963 convertible debentures General 103 A mtge 3s series E of *96 April-Oct 1965 First Co 106% York— New mtge 2%s ser mtge *11 Feb-Aug 1961 A and refund mtge 23/4S ser and refunding 3s series D Gas ApriZ-Oct April-Oct Corp 3 Vis Edison refund 101% 102 Va —June-Dec 1999- and Consolidated 5s Illinois Bell Telephone 2%s series 102 Feb-Aug 1999 First 3s 99% 21 107% 1955—Feb-Aug First First Consolidated 4s Co— Pwr'sink fund Consolidated Cigar First external debentures debentures River 100% 102% *103% 106% 1970—May-Sept 3s series L 1977 mortgage sinking 23/4S 101% 100 100% 98% 102% 100 103% 100 100 5 100'A 100 Feb-Aug * 3'As 19 lo*% 100 —June-Dec 1975 Elec first E'dison First mortgage 1975 B Ohio Toledo Columbus & income 100 125'A 101% System Inc— 3s debenutres series A 3s 99'A 100 126% 126% *„ 126% „ A Columbia *— Hackensack 98% *98% 100 4 93% 49 105% 57 88% 99 88% 99 97 100 (1296) The Commercial and Financial Chronicle . . . Monday, March 26, 1951 NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH 23 Thursday Interest BONDS New York Stock Last Feriod Exchange Week's Range or Sale Frice Thursday's Bid & Asked £>010 Bonds High Low Interest BONDS New York Stock Exchange Jan. 1 NO. Week's Range Thursday Range Since Sold Last Period or Sale Price Thursday's Bonds Bid & Asked High Low Range Since Sold High Jan. 1 NO. Low High New Jamestown Franklin & Clear first 4s 1959_June-Deo Jersey Central Power & Light 27As 1976—Mar-8ept 87'/« 87 % 99'A »97'A 85 99% Orleans Texas k Mexico Ry—(Cont)— AFirst 5s series C 1956 Feb-Auy 94% ACertificates 102 ♦91 1st mortgage 23As 1080 June-Dec Kansas City Southern Ry 4s ser A 1975— ..April-Oct First mortgage 3%s series B June-Dec 1968— Kansas City Terminal Ry 2%s 1974—.— „April-Oct Kentucky Central Kentucky & 1st Stamped 4'As 1961 __Jan-July .Jan-July _-Jan-July __Jan-July ♦II k Toll 5s ♦112 'A & ref 1975 A 94 94 94% 1970-Aprll-Oct 94 98% 96% 99% ♦ 97 96 97 101 100 96 Va 94 102% - ♦100 ♦92 Vi N 95 90 1984 to 82 Feb-Aug 82 1974—Jan-July CO 10 85 66 66% Little 5s 72 Miami general 4s series (1962) ALombard Electric 7s series A 1952 Lorillard (P) Co debentures 5s 1951 3s debenture 1963 Louisville & Nashville RR— 58 First & refund mtge 3%s First & refund mtge 2TAs First & refund mtge 3%s ser F 2003 ser G 2003 ser 59 88'A ♦103% ♦101A Macy (R H) k Co 27As debentures 1972 Maine Central RR 4'/2s series A 1960 First mortgage k 57% Jack Lars & 1 70 II iobil 99% 10 104 2 103% 90 104 —. v Refunding k impt 4%s Michigan Cons Chas first First mortgage 27As First mortgage 3%s 37As sinking fund 100 June-Dec ♦82 84 ♦99 debentures 4'As inc series A Prior lien RR— 5s series A 40-year 4s series B 1962_;. ser , A Jan ^Missouri Pacific RR Co— * • A First and refunding 5s series 1967 4s AFirst and A - Morris , & Essex I gtd \ debentures Nashville i First 4 3s Chattanooga debentures 1970 2%s debentures Naugatuck RR first gold 4s 1954 1967—June-Dec May-Nov England Tel & Tel Co— New First 3s New 4'As series B 1961 1982 New New Orleans 1974 Great Nor New Orleans 5s A 1983 & Northeastern RR— Refunding & impt 4Vis series A New Orleans JNew Term Orleans AFirst 5s first Texas series ACertificates For footnotes B of see May-Nov April-Oct Jersey Bell Telephone 3Vis 1988 Jersey Junction RR gtd first 4s Jersey Power & Light 3s 1974 New 104% & 1954 page 29. Jan-July 1986_Feb-Aug Mar-Sept Jan-July 1952—_Jan-July gtd 4s 1953 Mexico Ry— deposit Mar-Sept Jan-July April-Oct 102% 102% "3 9 first 4 Vis gold gold Jan-July Feb-Aug Feb-Aug May-Nov Jan-July 1937 1940 5s 2%s mortgage 1980 "t 69 69 4s ' 104% ♦75 102% 59 36 22% 28 ♦— 69% 75 98'A 6 75 97 Viz 107 % ♦96% _2 107 y« 102% 4s lien 1997 99 99 Va — 102 126% 102'A 110'A 128 116 ♦102% 105 Quar-Jan 132 — — — 105 105% ♦„ Quar-Jan 128 126VA 12 — 109 23 — 105 114'A 105 • 108% " 3s Jan 1 2047 1 Quar-Feb 70% 70'A ♦66 96 158 - 96 First mortgage 3s 1978 1 First' mortgage 2%s 1979— (Wisconsin) first mortgage 2%s 1977 : v g 99 100 Va First mortgage 3s 1979 Northwestern Bell Telephone— 105 1 12 100 105 103 Vs 104'A Feb-Aug April-Oct 78 103' a 106% 100 ♦96'A ♦__ Jan-July Feb-Aug April-Oct Mar-Sept j- 70% 9334 43 104'A 104% 1037A Mar-Sept 76 68% 104 % 105 104% 69% 68 95'A 105 71% ' 4'/2s 1975 105'/« 98% — 126% 127- Central lien 105% 105 Southern registered 1977 105% 31% 102% 102% Jan-July April-Oct 7% 16 23% 85 97% ♦101 13 11 38 23% 103 ■ 97%, 101% MM 102% 102% 97% ♦__ 99% *— 100% 102 101% ,*r*( 102 % 101% "1 \ . *— -- " 101% 97 -~ 97% 101% • , — ' 2%s • debentures 1984 June-Deo ■ MM ' T 106 »/4 100 101 101% 92 101% 105% 105 78 »/2 6 91% 66 91% 65 67 91% -92'/4 Edison first mortgage 3s mortgage 2%s 1975-mortgage 27/»s 1980 1974 Oklahoma Gas & Electric 2%s 1975 1st 98% 78'A 101% 90% 31 62'/a 92 92 102% 103% 106% 105% 106% 931/4 94'/4 12 91% 99 97'A First & & First & 102% 93% & First & 97% 11 92 97 101 106 104 109% First & 106 107 64 Vs 63% 107 99% First & IO71/2 . 19 89 117 104 First & First & 110 104'A 110% 19 65 »/4 163 107»/2 63'A 106% 107% 104'/a 105% 1061/2 104'A 110 1 66'/a 66% ♦103 97% 3'As series I 3s series J 3s series L 1974> June-Dec 3s series M 1979 27As 101% 104 debentures 1986 debentures 19871 debentures. 1978— debentures 1983 3'As 1_ .June-Dec 97% 10 95 95% 96 Vi 5 101 105% 12 f s 100 % 105'A 101% 102. 105% 100% 101% 99% 103'A ,99% ♦— * 99>A 10 104 y. 101% . 103 99'A 99'A 1 97'A : 977A 23 105 Mar-Sept ♦— 93 97% 97 Guaranteed 4s "2 First - 104 »A 1031/2 99 . 103% 105% 102% 105% 107% 104% 103% . 105 103Vs 3 103% 103 ♦103 Airlines— series E trust ctfs mortgage 3s 81 Vi 1952__May-Nov Pennsylvania Glass Sand 3'As 1960 Pennsylvania Power & Light Co— 105 105% 99% 97% 98% 105 ♦101% 103 gold 4%s 1955—Jan-July » 104Va A3'As convertible inc debs Sept 1 I960—April-Oct Pennsylvania Co—. 96 104% 100% ♦97% 99% - ♦-_ 102% 102% Pennsylvania-Central - 104% 105 101% Mar-Sept 68'A ' 101 April-Oct Paducah & Illinois 1st 97 .101 5 April-Oct — 166% 10 101 ♦__ June-Dec 1986 106% 101'A 100% 100% 100% June-Dec 2%s series T 1976 105% 101 .June-Dec 3s series S 1983 3'As 74'A 63 26 101 101% . Pacific Western Oil S'As debentures 1964—June-Dec 14 83 100% 102% 101 June-Dec 3s series N 1977_> 31/1S > *„ 101% 2%s series P 1981——June-Dec... 27As series Q 1980 .June-Dec 3yts series R 1982 June-Dec 101% 63 V2 101 % 102 % June-Dec 103 63 96 101% .June-Deo 1970 3s series K 1971; 101% — 99 102% 1966—June-Dec 103 ♦101% 102% 63 refunding refunding refunding refunding refunding refunding refunding refunding refunding refunding refunding Pacific Tel & Tel 2%s debentures 111»/a 92 First & 69% 21 .1061/2 66 Va 96% p First 21 6 100% .June-Dec . 92% • First 61 94 ♦96 104% 97 Pacific Gas & Electric Co— 69 2 Feb-Aug 101 97 104 .May-Nov Oregon-Washington RR 3s series A 1960—April-Oct 106 101% 89"% 97 ♦__ 105% 70 1 98% 101% 101% 97 '..May-Nov First mortgage 3s 1979— 1st mortgage 2%s 1980—1. i First ♦— Mar-Sept April-Oct First ; 108% 105'A 1041/2 78 June-Dec 1975 April-Oct 90 101% ♦100% 102 102 102 100'A 99% 100'A 16 102% 99% 104% Pennsylvania RR— ♦__ 99 96 99'A 96 99 102'A General 4'As 105'A 25 102 102 10 102 104% 6 102 104'A 102'A 100 102 -- 102 111 103'A ♦103 .102 105 ♦85 95 107'/a 104% 101 104% 106% 105 102% 103 y4 —. — «... _2 101'A 101'A 101% 102 7 101% 102% 6 101% 103 103'A 103% 4 100'A 101% 104% 101 % series D 1981 1960 — 1 Pere Marquette Ry 3%s series D 198C Philadelphia Baltimore & Wash RR CoGeneral 5s series B 1974 General gold 4'As series C Philadelphia Electric Co— First 113 y8113'A 2 112% 114% 102% 101'A 102% 127 101 Va 109'A 105% 105% 107'A 32 April-Oct Jan-July Jan-July April-Oct April Mar-Sept 99% 98'A 99% 21 98% 107% 99'A 98% 99'A 11 98% 107% Jan-July 92'A 1 78'A 12 77 84 38 1 38 48 1031A 103'A ♦112 11 2%s " conv •" debs 1975 •- T Mav-Nov 07/-0 1QQA .Tnnf-npn 3 120 VA 102% 94% 104% 118V2 2 ♦98 98% 89 99 18 123 HOVa 114% 98% 113% 113% First & ~ 114 78 " — & refunding 2%s 1971 June-Dec refunding 2%s 1967 May-Noo refunding 2%s 1974 May-Nou First & refunding 2%s 1981-. June-Dec First & refunding 27/8s 1978 Feb-Aug SAPhilippine Ry 1st sink fund 4s 1937__Jan-July X A Certificates of depeosit Phillips Petroleum 2%s debentures 1964 Feb-Aug 4 92'A Feb-Aug 1977 105 3 38 78% — & First Feb-Aug June-Dec June-Dec Peoria & Eastern first 4s external AIncome 4s April 1990-! 113% 103 —— 1031/4 103'A 1960 1968 mortgage 4'As series E 1984 General mortgage 3VbS series F 1985 ■•i'. ♦111'A 111% ♦__ B General 102 102 series 99 102 ♦— sinking fund 4%s 4'As series A 1965 General 5s 26 102 ♦101 General .. __ guaranteed debentures debentures 3s 68'A 104% 105 Consolidated June-Dec Nat'l Distillers Products 3VaS debs 1974—April-Oct National Steel Corp first mtge 3s 1965 April-Oct National Supply 81'A 61 76% Light . N Feb-Aug 1970—June-Dec 73 119 70 & 1955 (Minnesota) first mortgage 2%s 1974 First mortgage 2%s 1975 k St Louis— mortgage 3s series B 1986j Dairy Products 23/4S debs 37 63% 103% 100 — April-Oct v 74% 62% 1 4s registered 2047 Quar-Feb Refunding k improve 4Vis ser A 2047.._Jan-July Refunding k improve 5s series C 2047—Jan-July Refunding & improve 5s series D 2047—Jan-July 100'% 102% 103 y. 105 % ♦__ 1958__May-Nov ; National 99% .1021/2 ♦105% 106 Vi 78% 1965 1978 73 63 3s — 92 1955—May-Nop "Mountain States Tel & Tel 2%s 1986 May-Nov 3Vis 98% „ 105% 105% 103 3V2S 74% 70 Power General 57 ♦97 Vi 100 April-Oct 2000 June-Dec Construction mortgage 5g series A 1955—May-Nop Construction mtge 4'As series B 84 y4 89 70 100 50 ♦100% 101% 1975 first 97% 100 .. June-Dec gold 5s ser H 1980 April-Oct ; AFirst and refunding 5s series I 1981——Feb-Aug Mohawk k Malone first gtd 4s 1991 Mar-Sept Monongahela Ry 3'As series B 1966. Feb-Aug Morrell (John) & Co 3s debentures 2 86 101'A 83% 62 ♦„ Jan-July Feb-Aug Mar-Sept refunding 5s sries F 1977Mar-Sept A First and refunding 5s series G 1978—May-Nop § A Convertible gold 5%s series A 1949—-May-Nov AFirst a-nd refund AGeneral 100 Vi ♦99% 101 Jan-July Jan-July —Jan-July 1962 Prior lien 4y2s series D 1978 ACum adjustment 5s 99 V 77 VA 97 99 ♦97% Jan.1971—May 1991—May 1990 Missouri-Kansas-Texas 79 — AGeneral mortgage 4s inc ser A Jan Missouri Kansas k Texas first 4s ' 13 102% 96 •~i April-Oct April-Oct Minn St Paul & Saulte St Marie— First'mortgage 100 99 ♦102% —Mar-Sept Mar-Sept 1967_. 2 87% 98% 102 y« ♦521/g 1979—__Jftn-July mtge 3Vis 1969—Mar-Sept tS A Midland of N J first ext 5s 1940 Mining & Mtg 2%s 1967-. 3 82 •— 97 Ohio Minnesota 100 82 4VB 98 98% May-Nov 1969— 100% 100 8»/2 107% 101% 102% .102 VB ' -- 100 A 101% Northern States Power Co— 100 series C 1969 ♦100 97% 100 — 5 105% 104% ~9 lOOA 100/2 18 93 96 ' 15 92% ♦117 103 90 104 99 Viz-100% ♦1031/2 general & ref 5s 1974—Mar-Sept General & refunding 4'/2s ser A 1974 Mar-Sept Northern Pacific Ry— 101% 100% 102 y. 99'/a 92% ♦121 — M Mar-Sept l—— 100 ■}» ' AGeneral , — 102% 13 Norfolk 101% — 72 69% »„ mortgage 2%s 1980 IV Co— mtge 5s convertible Inc 2014_Aprll-Ocf Called bonds April 1 Norfolk & Western Ry first gold 4s 1996—April-Oct 90 . . 65 65% 5 »A General 121 100% — 10 ♦97 Northern 87% 121 % 88 9'A 74 2 104% 104'A ♦100% April-Oct Sag 3'As 1951- First gold 3%s 1952- »- May-Nov May-Nov gATerminal first gold 5s 1943 series D 1982_„ 63'A 66'A 68'A "2 rff — May-Nov ——Feb-Aug Co— 69 65% Refunding mortgage 3yas series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Niagara Mohawk Power Corp—. — — 1954—June-Dec Manati Sugar 4s sinking fund Feb 1 1957—May-Nop (Southern Lines) 4s 1959 .May-Nov May Dept Stores 2%s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966 ..s..-June-Dec Metropolitan Edison first mtge 27As 1974—May-Nop Michigan Bell Telephone 3'As debentures 1988 Michigan Central—■ 65 N Y Telephone 2%s 5 ♦96 Manila RR First mortgage 2%s 1980 65 »- 84 100% 90 104 4s series B con 69% Feb-Aug 1973- -Collateral trust ♦ 66 5 Prior ♦— 104% 68 76% 88 4 ♦100% 102 1979—May-Nop ■■V- 1998 XN Y Susquehanna k Western RR— § AFirst refunding 5s 1937 mm 90 *— 71% 33 88'A 100 April-Oct April-Oct 73 72 :.': 120 100 April-Oct Louis Div second gold 3s 1980 Mar-Sept Atl Knox k Cincinnati Div 4s 1955-'—1—May-Nov Louisville Gas & Elec 1st mtge 2%s St 'A 67 ♦__ H 2003 66 Feb-Aug General Feb-Auy 83%, «1>2 94% 5 2 81% 68% 3 81 68 % 66 % 86% 81% 68 6 \ 6 66'A April-Oct 85% 75 Feb-Aug 85 82 68'A May-Noo June-Dec . 87% Jan-July 2 72 ♦80% Feb-Aug 1951 79% *76% 66% June-Dec Y § A Second April-Oct Myers Tobacco 68 % 76 73 New Haven k Hartford RR— § AGeneral 59% 153 78% 83 CO 85 Series A 4s fixed interest 2003 ——May-Nov Series B 4y2s fixed interest 2003 May-Nov Series C 5s fixed interest 2003 —May-Nov Series D 4s contingent interest 2003 -May Series E 4Vis contingent interest 2003 May v Series F 5s contingent interest 2003 May Lehigh Valley Terminal Ry— First mortgage 5s extended to 1979 April-Oct Lexington & Eastern Ry first 5s 1965 70% 77% 68 mtge 2%s 1975-Mar-Sept N Y & Putnam first consol gtd 4s 1993—April-Oct N Y State Electric & Gas 2%s 19771—Jan-July N Y Steam Corp first 31/2S 1963 Jan-July 93% Term Ry— extended 69 V2 $AN Y Ontario & West ref 4s June 1992—Mar-Sept General consolidated mortgage bonds— & Y N 95 88 102% 701/4 78 Va First k refunding mtge 4s ser A 2007—Jan-July AGeneral mtge corrv inc 4Vis series A 2022—May Harlem River k Port Chester— First mortgage 4s 1954 May-Nov IOIV2 ♦93% 100 100% — 67% Jan-July ; 1998 West 4s series A 1973 4Vis series B 96% 98% 98% —Feb-Aug —Feb-Aug Feb-Aug — First mortgage 5s extended to Liggett registered AGeneral Lehigh Valley Railway— 4 y2s Lehigh Valley RR— % ♦95 June-Dec stamped 1954 First & ref 5s stamped 1964 First k ref 5s stamped 1974 First mortgage 103% % • June-Dec reg 1001/2 % 103 104% York N Y Lack & 5s Lehigh Valley Harbor % L 1968—June-Dec Lehigh Coal & Navigation Co— Sinking fund mortgage 3'/2s ser Lehigh Valley Coal Co— First > . *— Chicago k St LouisRefunding mortgage 3'As series E 1980—June-Dec First mortgage 3s series F 1986_. ApriZ-Oct N Y Connecting RR 2%s series B 1975—April-Oct N Y Dock first gold 4s 1951 Feb-Auy NY 81 Karlem gold 3%s 2000 May-Nov Mortgage 4s series A 2043 Jon-July Mortgage 4s series B 2043— Jan-July -- 101'A 102 1959— -Mar-Sept 3Y2S registered 1997 Lautaro Nitrate Co Ltd— income New 101% 100 3 8 67% Michigan Cent collateral gold 3'/2s 1998_Feb-Aug 100% 101% 99 ♦99% 100 'A ——. 3'As registered 1977 Lake Shore collateral gold 31/2s 3Vis registered 1998 97'% * Lake Shore & Mich South gold 3'As 1997—June-Dec mortgage 104% 116 Vi 31/28 _April-Oct certificates April-Oct Central & Hudson River RR— General mortgage 3'/2S 1997 108 _ 5 N Y 105% 100% 99% 100% 103% 2 —- —Feb-Aug Refunding & impt 4Vis series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct 50 'A Feb-Auy Consolidated 4s series A 1998 98 Vi 97% 100% 100 V New York Central RR Co— 90 116'/a — 100 'A 100 1997— _April-Oct Lakefront Dock k RR TerminalFirst mtge sink fund 3%s ser A AFirst 98 ♦40 1961 104 3 100 4%s series D 1956 ACertificates of deposit AFirst 5Vis series A 1954 ACertificates of deposit 102 104V2 ♦97'A Terminal Plain 1961 4'As unguaranteed 21 ♦102 ..Jan-July Kings County Elec Lt & Power 6s Koppers Co 1st mortgage 3s 1964 tAKreuger 104 'A 105 Vs 1987 1961 100 98 Vi 104 % mtge 4s Indiana 85 'A 100 102% 102% deposit AFirst K Kanawha & Mich 1st mtge 4s 1990 _April-Oct Kansas City Power & Light 23/»s 1976— ._Jun e-Dec First mortgage 27/«s 1978 —June-Dec of 102% 102% 98 102'A 98% 99 99'A 101 102% 99 103% ♦92% 100 102 8% 113 8% 7% 7% 19 7% 99'A 100% 7% 17 99% 102% 305 109% 118'A inns. rni Va. 110'A 113'A 2 8% 10 9 Number 4997 [Volume 173 . . The Commercial and Financial . (1297) Chronicle 2» NEW YORK BOND RECORD RANGE FOR WEEK ENDED MARCH 23 Interest BONDS Last New York Stock Exchange or Low Pittsburgh Cincinnati Chic Consolidated guaranteed Consolidated guaranteed Consolidated guaranteed 1953—June-Dec 1957—May-Nov I960—Feb-Aug 4s ser F 4s ser G 4s eer H ' 1965 103 102 V'4 — Plantation 10 6 102 102% mortgage 3s First mortgage 27As Providence 6 95% 94% 99 21 94% 110% «... *106 —. 3s debentures 1st 'mm mtge debentures 3Vis 1968—Jan-July mortgage 5s 2037—Jan-July mortgage 8s 2037—June-Dec mortgage 3s 1972—May-Nov mortgage 27/aS 1979_June-Dec First .and refunding — First and refunding First and refunding refunding First and — 100 — 100 219 104% 100 7 152% 104% ' 104% 106 % 218% — *— — — 66% ' 34% 29% 105 99% 100 997/a *99% 100 *99Vi 100% 100 108% Pacific debs 100 7 1970—June-Dec RR— 100 % 100 % 100% 92% 1976- debentures 92% 104 102% 99 104% 96% 100% 2 14 91% 103% 104 99 June-Dec 1980 2%s 10 101% 102 102 109% 100% 102 Feb-Aug Refunding mortgage 2Vis series C 1991—Mar-Sept United Biscuit Co of America 2%s 1966—April-Oct United Gas Corp 2%s 1970 Jan-July U S Rubber 2%s debentures 1976 May-Nov .2%s debentures 1967_. April-Oct Universal Pictures 3%s debentures 1959—Mar-Sept 103% '152% —— 20 152% 152% *218% wm'tm 100% ,106% 32 *102% 104% • 103% 60 15 61% 30% — ^ May-Nov tr 2%s California Oil of 2%s 99 99 101% 101% 101 % —May-Nog 1963 — May-Nov 1968 & coll Union - — II *99 First and refunding mortgage 106 102% U Union , 30% 138 % - 104% 105 *102% 61 29% 61 103% 137 — 105 — 103 100 101 and coll trust 2%s 1975-April-Oct First mortgage 101 „ 105 % *__ -- *138% — 1974 3%s Electric Co of Missouri 3%s 1971 Union «... 101% 100% 99% *— *106 — — 3%s ser E 1985—Jan-July Orleans New — 105 99% 102% *__ *100 — 128% 104 103 mmmm 101 1 101%' 101 V'4 * of 128 103% 23 Pacific— 110% — *110 101 Vi 103 3%s series B M Pacific-Missouri RR *— 103 — , 3s High 99% Co— & Gas Electric Jan. 1 Low No. 128 103 103% *125 — IThird Ave Ry first refunding 4s 99 1 99 *110% —— Mar-Sept —' 1956 99 99 M June-Dec 1960 Jan-July AAdjustment income 5s Jan 1960 April-Oct Tol & Ohio Cent ref and impt 3%s I960—June-Dec Tri-Continental Corp 2%s debs 1961 Mar-Sept 102% 98% refund and refund General 103 101 97% — — Feb-Aug 1984 4s 102% 2 101 99 99 _ Jan-July May-Nov 1983 Terminal Public Service Range Since Sold RR— Orleans New and Term 3 102'% 102% 101 — Mar-Sept 1977 1st mtge 3 Vis First 115 96% 102% Jan-July April-Ocf May-Nov iinpt M 4s series C 2019 2%s series D 1985 3s debentures 1965 1970_ApnZ-Oct First and refund M 3%s series C 1990_Apni-Oct Texas & Pacific first gold 5s 2000 June-Dec 114% 93 Corp & First Texas Feb-Aug Pipe Line 23/4S 1970 Potomac Elec Power Texas 109 — 94 94 June-Dec First general 4Vis series D 1977 June-Dec Pittston Co 5 Vis income debentures 1964—Jan-July First High Bonds St Louis— of Assn and Refund and impt 108 4 109 Ry— series B 1962 general 5s series C 1974 First general £s Refund — — 108 *108 __ June-Dec April-Oct April-Oct 4Vis series A 1958 mortgage 4Vis series B 1959 First mortgage 4Vis series C 1960 Pittsburgh Youngstown & Ashtabula mortgage Fi>st Terminal RR 107% 113 Texas Jan-July 1958—April-Oct - Pittsburgh Steel 1st mortgage 4%s Pittsburgh & West Virginia Ry— First Bid & Asked Low — 113 6 113 113 113% 5s debentures Thursday's or High 107% 105% *105 Pittsburgh Consolidation Coal— 3 Vis Week's Range Sale Price Period 108 *__ *»*• 113 series B 1975——April-Oct General mortgage 3%s series E 1975 April-Ocf Pittsb Coke & Chem 1st mtge 3 Vis 1964—May Nov mortgage Low No. High *103 4Vis ser I 1963-Feb-Aug Consolidated guaranteed 4%s ser J 1964_May-Nov Pittsburgh Cine Chicago & St Louis RR— General mortgage 5s series A 1970 June-Dec General New York Stock Exchange & St Louis Ry— Consolidated guaranteed , BONDS Jan. 1 Sold Last Interest Range Since Bonds Thursday's Bid & Asked Sale Price Period Thursday Week's Range Thursday 91% 101 % 101 100% 103% O 101 Vi «* 98% 97% 97 98% 97% 98 *97 97% 95% 97% 105 105% 104% 110% 97% 101% V of America— 3 Vis conv debs 1965 April-Oct Vandalia RR consol gtd 4s series A 1955—Feb-Aug Consol sinking fund series B 1957 May-Nov Vanadium Quaker Oats 2%s Jan-July 1964 debentures 101% 99% 8 99% 99% — Reading Co first & ref 3 Vis series D 1995—May-Nov April-Ocf Tobacco 3s debs 1973 (R J) 102 ~ 96% 91% 92% *90 ~4 102 First and refund mtge 2%s ser G 104% 102 * General 1977—Mar-Sepf mortgage 3 Vis series J 1909—_Mar-Sept 4 Vis mortgage General series 1st Mar-Sept Jan-July 2%s ser H 1980 & ref mtge D 105% 105% 23 105% 105% — Virginian Ry 3s series B 97% 96' May-Nov 98% 98% *102% ; . Saguenay Power 3s series Rocky Mt & P 5s stamped 1955—Jan-July Francisco Ry Co— 1st mortgage 4s series A 1997 Jan-July St Louis-Southwestern First 4s 98% 99% 24 98% 85% 84% 85% 265 83 % series A Jan 1981 April " 90 85% 87% 4%s series B Jan 1991—April 85% 100 100s,a First mortgage 3%s series B 1971 Feb-Nov 100 *94 96 Walworth Co conv debentures 3%s 1976—May-Nov *51 Warren RR first ref gtd gold 3%s 2000—_Feb-Aug Washington Terminal 2%s series A 1970—_Feb-Aug 104 104 Westchester Lighting gen mtge 3%s 1967—Jan-July 101 101 General mortgage 3s guaranteed 1979—May-Nov * 101 105 % 105 West Penn Electric 3%s 1974 May-Nou 105 105% 106% West Penn Power 3%s series I 1966 Jan-July 106% 66% 65% West Shore first 4s guaranteed 2361 Jan-July 66% 63% 63 4s registered 2361 Jan-July 63 % 102% Western Maryland first mortgage 4s 1952_April-Ocf 102% ; 102% 104 ? 104 Gen mtge 4%s-4s series A 1969 Apr-Oct 106 104 Western Pacific 4%s income A Jan 2014 May 104 Western Union Telegraph Co— 103% ; 103% 103%' 30-year 5s 1960—_ Mar-Sept Westiirghouse .Electric Corp— V : Gen Ry— bond certificates Paul St Paul Union Duluth first & Seaboard Air Line , Shell debentures t § A Silesian-Amer Corp & North May May-Nov June-Dec ' Ala RR debentures 27/«s Southern ...First Gold gtd 5s :. 1987 May-Nov debentures Pacific RR mortgage I960— 3%s ser 101% *97% 102 *99 106% 98 mm , 101 99 mm „ *85'A 123% 102 3 102% 103% 90 85% 89 ; ' E Memphis Div first.gold Bell Tel Oil (N J) 5s ;j 103 208 118 137% 102 __ 103 debentures 2%s convertible 2%s debs mm'" 1985 97% April-Oct ' May-Nov ' gold 4%s 2013 April debentures 2%s 1971—May-Nov 2%& debentures 1973 1966—„Jan-July Jan-July 99% ' mm- 105% 111 108 110% 97 101% mm 106 106% 64 ■' . J '' l 99'A . 72% 94 96% ?. % ' 72 25 94% 100% 99% *»m" 102% *— 105% 107 17 65 Vs 63 69% 6 102 103 Ym 5 104 106% 114 19 102% 104% 5 98% 104 98 98% 101% 1,221 101% 26 91 92 % 56 63% 66 114% 106 110 102% 89 101% 104% 103 103% 101 102% 110 *110 4s 71% 32 -113% 84 92% 63% 71 — of 66 r- [ 98 99% 98 105% 105% 105% 98 *98 Light & Power 2%s 1976_Jan-July 99 • included in the year's range, d Ex-interest, e Odd-lot sale not Under-thc-rule sale not Included in the year's range, r Cash sal* y Ex-coupon. * ' * ; ' • ^Negotiability Impaired by maturity. . * . . •. „„ % Companies reported as being in bankruptcy, receivership, or reorganized under Section 77 M Bankruptcy Act, or securities assumed by such companies. / •Thursday's bid and asked prices; no sales being transacted during current week. a delivery Deferred included sale not in the year's range, not included in n the year's range, . , the 102 % 1 *94% 100J/i - 99% 58 99% 101% *— Yonkers Electric 108 % 107 50 . 106% *65% — 94% —May-Nop — *104 { mm —_1„-__Jan-July 1972 97 97 ' — 4 110 105% 14 101 102 1949Jan-July ' deposit—! Jan-July §ASu & Du div and term first 4s 1936—May-Nov " A Certificates of deposit— — Wisconsin Electric Power 2%s 1976_; June-Dec First mortgage 2%s 1979 *... Mar-Sept Wisconsin Public Service 3%s 1971 Jan-July general Certificates 105 104% 102 ^Wisconsin Central Ry— A 104% 12 *_L — Jan-July 1960 103% 101 9 101 100 % 2 107% 107% 110 125% 1 106 Vi 106% mm mm Jan-July first 4s B S Winston-Salem 60% 57 101 1-108% rll2% ", 96 Ya 94 92 97% 67 987/s Mar-Sepf Jan-July 1973 Wheeling & Lake Erie RR 2%s A 1992_—Mar-Sepf Wheeling Steel -3%s series C 1970 Mar-Sept First mortgage 3%s series D 1967 Jan-July Wilson & Co first mortgage 3s 1958 u-April-Oct 96% 123 V, 122 98V'« 98% "9 95% *— " April-Oct April-Oct 1956 95% 1971— debentures 98 Vi 103'A 100 97 90% 94% 91 *— ■ 95% 94% *„ mm first debentures- 1974,. debentures 103 % 98 120% 123'% *101 ' April-Oct' 1996 Sunray Oil Corp. 2%s debentures Co 98% 68 99% 99 122'A 1983— ASpokane Intematl 68 100% 99 % %, ; -i- 105% 88 mm Jan-July Jan-July Jan-JulyJan-July 1986 Devel.and general 6ViS series A debentures 99 100% 100% 1017» 100% Co— 2%s series and'general 4s series A 1956 Devel and general 6s series A 1956 Southwestern , 2.65s 98 94 17 95 102 i' > Apr-Oct Devel 27/«s 101% 101% ' A 1975-June-Dec mortgage 2%s series F 1996 First mortgage 2 'As series G 1961 Southern Ry first consol gold 5s 1994 2%s 45 % 94 r , May-Nav First Swift-& 98% 42 % 123% —Mar-Sept 1969 1981 Standard 94% 47 Vi § A First San Fran Term 1st mtge 3Vis 97% Pacific Co— 4 Vis First 101 96 >\ 95 ¥4 ,x _Jan-JuIy 4Vis Southern 96% 95 94 Vi Jan-July Ry 2%s 1994 convertible 3s 127 91V4 96 Vi 102Vi 95 Jan-July June-Dec -April-Oct 1963 j4%s (Oregon Lines) A 1977 Gold 126 *45 1971——April-Oct 1941 _Feb-Aug Southern Bell Telephone & Telegraph Co— 3s debentures 1979— Jan-July 2%s debentures 1985 Feb-Aug Southern Indiana * 11 90 85% 17 ' ' 104 99 % o ■> trust 7s coll Skelly Oil 2%s debentures 19G5 Socony-Vacutim Oil 2%s 1976 South • 92^ 91% 92 June-Dec 1974 Oil 2Vis Union *126% 128% > — 106 ' " 104 *104 1989—May-Nop mtge 4%s series A Jan 201& 1st mtge 3s series B 1980 Seagram (Jos El & Sons 2Vis 1966 debentures —— -• „ Co— RR iAGeneral 3s *105% 122 105% 106 *104 1968_June-Dec April-Oct gold 4s cons Depot S'/sS B 1971 Scioto V & New England 1st gtd 4s 116% 18 116% 116% May-Not> 1989 Second 4s inc bond certificates Nov 1989_Jan-july St 96'% mtge Income 90% 85 27 90 90 mtge 4s income Gen 104 100% 104% 103 % Wabash 102% 99 May mtge inc 4Vis series A Jan 2022 14 98% „ 79 79 101% 1 93% w Co— RR 104% 100 7 98% 78 Louis-San ASecond ' 86 102% 102 % — 104% 77 80% *71 St Louis St *75 __ 100% 10 100% 100% Mar-Sepf 1971 A 101% 104 — 96% 96 April-Oct 1995 101 97% *95 *104% , ^First lien and ref mtge 3%s ser C 1973-April-Ocf St. Lawrence & Adirond'k 1st gold 5s 1996—Jan-July Second gold 6s 1996 —_April-Oct 97% *100 1979—June-Dec Virginia & Southwest first gtd 5s 2003 First consolidated 5s 1958 Rochester Gas & Electric Corp— 17 *105 Virginia Electric & Power Co— First and refund mtge 2%s ser E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept R Reynolds Corp lu2 fiThese 100% 103 103 mm. here is a AND previously listed on the Curb Exchange. both Exchanges. Tk^l9ijl year's range show® . • , , • EXCHANGE NEW YORK CURB WEEKLY issuesSwere combination of all sales on RECORD YEARLY the week beginning Saturday, March 17 compiled trom trie reports or i occurred during the current y following extended list we furnish a complete record of the transactions on New York Curb Exchange for ending the current Thursday, March 22 (Friday, March 23 being Good Friday and a holiday on the Exchange). It is Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have In the and RANGE FOR WEEK ENDED , MARCH 23 Thursday Thursday STOCKS Week's Last Sale Price New York Curb Exchange Range ot Prices Sales STOCKS for Week Shares ABC Vending Low High Jan 7% 8% 1,100 x7% Mar 9% 1% 1% 400 1% Mar 2% Jan 1 6 % 6% 600 5 Jan 7% Jan common 10 39 % 40% 600 Aluminum Acme Wire Co Supply Manufacturing Agnew Surpass Shoe Stores Ainsworth Manufacturing common 5 Air Associates Inc l (N J) see page 33. 1 29% Jan 40% Mar 5% Feb 27/8 Mar 4 Jan 9% Feb 11 Feb 4,600 10% Jan 15% Feb 500 13% Jan 19 Jan 5 1 Jm Hat Stores Inc__. Aero For footnotes 40% 3 5 100 2% 3 1,400 • 14% 13% 14% 16% 17 4% Jan Sale Price Exchange Range of Prices Air-Way Electric Appliance 3 1 50 100 1 Alles & Fisher common 1 Allied International Investing Corp—1 Allied Products (Mich) common 5 Altes Brewing Co 1 Altofer Bros common • Airfleets Inc Southern Alabama Power 4.20% preferred Alaska Airlines Inc Alabama Great — 6 102 — 10% 10 % 10 6 102 99% 9% 10 A 5 101 99 Sales for Week Shares Low 4 600 800 — 3% 8% 5% Jan Jan 40 97 Feb 75 98 Mar 15,300 4% 150 21 % Jan Jan TVo Jon 7 — — 24% 3 /a 25 4 1,000 Jan 3 V4 L— Range Since Jan. High Low Par 1 Acme W'cek's Last >• High Alloys Corp ACF-Brill Motors warrants AJ New York Curb Range Since Jan. 1 4 Low Par >' ' - Feb 1 High 10% Mar 6% 107 102 % Jan Feb Jan 10% Mar 7% 4% 26 Feb Jan Mar 5 Jan' 8 Jan (1298) 30 The Commercial and Financial Chronicle . . Monday, March 26, 1951 . - i NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED MARCH 23 Thursday Week's Sales Last Range for Week Sale Price of Prices Shares Par Aluminum Co of America $3.75 cumulative preferred Aluminum Goods Aluminum Industries • pfd— Power & Laundry Machine American Class Amer Catalin 1% 1,700 1% 400 1% Jan 30 78% Feb 84 26% Jan 16% Mar 6% Central Mar Jan Jan 35 class A 3.50% 550 22% Jan 19"% Jan 22 6% 6% 6% Jan 7% Feb 4j0 34% 36 20% Jan 24% Feb Jan 34% Mar Jan 40 Jan Charts 40 Jan 47% 49% 12 11% 12 10c % 600 Jan 44% 2,100 Jan 10% * Jan 112% Mar 13% Jan Jan 5 ~4% ~4% 1% 200 4% Jan 10 10 10% 1,000 8% Jan 10% Mar Chief Consolidated Cities Service Jan 9% Mar 6% 6% 100 5% Jan 7 Feb 11% 1,175 10% Mar 13 Mar Appalachian Elec Power 4%% convertible Jan 6% Jan 109% 70 6% 6% 1,900 13% 13% 2,400 109 Mar 13 % 5% 3% 10 Jan Mar 113 Controller Clayton & Lambert Feb 7% Jan Jan 14% Feb Colon Cockshutt Plow Co Development 9,200 10% Jan 15% Feb Colonial 2,400 10% Jan 10% Feb Electric Jan 113% Feb Colt's Jan 21% Jan 48 Feb 600 11% Jan 12% Jan 5,100 13% Jan 23% Mar 11% 21 23% 23% Compo Vtc Associated Laundries of America Associated Tel & Tel class A • • Atlantic Coast Fisheries Atlantic Coast Line Co 67 3% 1 3% 3% 1,600 74% 74 50 Atlas Corp warrants Atlas Plywood Corp Automatic Steel Products Inc Automatic Voting Machine (B F) & Sons preferred % 675 5% 1 5% 5% 23% 24% 73 3,300 24% 2,000 1 Jan 1 75 4% 82% Feb Feb Jan 200 5% Mar 7% 8 700 7% 8 Jan 9% Cook A Jan Feb Feb Coro Feb Corroon 21% Banco de los 39% 36 39% 4,900 12% 12% 12% 300 11% Jan 5% 4,900 4% Jan 5"% Mar 5% Feb 6 5 Andes— Jan 7% Jan 7% 8% Jan 10% Feb 10% Mar 13% Jan 66% <-l O 10% 300 Jan 72% Feb Jan 30% Mar 1 24 43% 13 11% 12% 1,700 9"% Jan 12"% Mar 12% 11% 12% 2,300 9% Jan 12% Mar 1% 10,500 19% 1,800 • 1% 1% 1% Mar 19 2% Jan 82% 19% Jan 94% Feb 17% Jan 20% Feb 9% —— 9% 10% Jan 300 8 American shares — Jan 5 Jan 6% Feb 4% 43/8 43A 7,500 4% Mar 5% Jan 7% 8 300 7% Mar 9 % Jan 500 34% Mar 40% 150 23% Mar Barium Steel Corp. Refractories Inc 1 7% 7% 7% 1 13% 12% 13% Baumann (L) & Co Beau-Brummel Ties 1 35% 20 35 35% • 5% • 7% 9% 1 6,900 4 4 64 — 65 . 65 73/4 . 12% 11% 27% 27%' 283A 11% 21/4 Beck (A S) Bellanca Bell common common Shoe Corp Aircraft 6 Gold 3% 1 Telephone of Canada common__25 Benrus Watch Co Inc Benson & Hedges common Bickford's Inc Jan 11% Mar Jan 33% Jan 11'A Jan 2% Mar 2,250 14 12% Jan 118 & Reynolds Petroleum common Brewing 3% Jan 4% Jan 1% 13/4 900 1% Jan 1% Jan 22% 22% 700 21% Jan 25% Jan 38% 38% 50 31 Jan 41 Feb 10 Jan 16% Feb Jan 16 Feb i% 22% . , — % 3/8 % 2,800 10% 10 Va 103/s 800 9% % Mar Jan 12% 6% 6% 6% 400 6% Mar 6% Feb 16% Feb 15% nil . 17 16% 17% 3,200 4% 4% 200 (ord reg)—_£1 14% 5 __ __ 643/8 _i __ __ _ 63% 37 400 36 % J an 4 Feb .6 Atlantic Tobacco 9% 9% 14% 14% Feb .,1% Jan 4% 1,100 33/e Jan Feb 9% Mar 5% ,12 3/4 10 800 13% Jan Davenport Hosiery Mills 6% Jan Davidson Brothers Inc 12% 84% 32% 36 Jan 14% Jan Jan 89 % Mar Jan 87% 25% 595 Feb 70% 7U0 4% 12 300 80% Jan Jan 35 4% 36 12% Jan 3% 8,400 Feb 83% 12% 84% 5% 10% 50 American Jan 7% Feb 13 % Mar Feb Mar Day Mines Inc Dayton Rubber Co class A Dejay Stores . Pipe 125 23 Jan 25%-Mir 23 100 20% & Raynolds class B 600 Distillers Co American Jan 24 Mar Feb 33% Jan Dobeckmun Co common Jan 32% Feb Domestic Finance Corp class Dominion Eiridge Co Ltd — -- — Feb 11% 10% Feb 10"% Mar 2% Jan Feb Dominion Tar & Chemical Co Ltd Dominion Textile Co Ltd common- Draper Corp common 2% 600 29% 500 r-~ 19% 19% 20 2,100 27 Jan 3% Jail 5% Jan Feb 22% 6% Jan 25% Driver Duke Jan 6% Mar 6% 1,300 12% 13 Feb 19% 6% r._ 3 % Mar 30% 13% 1,500 10% 25% 25% 1,000 20% Jan Feb. Jan 29 Mar Jan 8 14 13 Feb 14% 14% 700 13 Jan 21% 21 21 y4 1.300 20 Feb 23"% 12 10 12% 6,500 Jan Harris Power DuMont 50o 8% % ft 12,500 % 3% 3% 1,500 3% Feb 15% Mar Jan 3% 4% 4% 4% 4% 200 3% Jan • 11% 10% 11% 13,200 6% Jan 1 7% 7% 7% 1,900 22 % 22 % 75 1 Power 4% 600 • • 20 common 4% Mar 7% Jan 20% Jan 56 5 common Jan & 27% Mar Jan * 100 1 5 100 1 Co 161% 161 % 161% 4 3% 23% — 20 4 8,900 • Carr-Consolidated Biscuit Co__ 1 Ltd— 161% Mar 3% Jan 23% * 8% 23% 100 ^22 Jan 34%- 35% 850 33 Mar 8% 700 8% 2.50 Amer dep rets A ord__ 400 7% 12% Jan 100 8% 4% 88 112% 3%' 88 25 112% 112% 3% 4 ... see 5% Jan 4% Mar 12% Feb x8 % Feb 22% Feb 70 Feb 27% Jan 14 3 % Feb Jan 24 Jan 30 % Feb Jan 14% Jan 2 16% 4% Jan -25 * 17 4% Feb 15% Jan 700 4% Jan 5% Jan 60% Jan x29 x29 29% 25% 2,100 33 • __ 12% 29% 29% 29% 36 Feb Jan 15% Feb Jan 28% Mar 200 35 32% 33% Jan Jan 100 Feb 34% Feb 32% B) 38 Feb Jan 94 Jan 14% Jan 19 Mar 6% Feb 3% Jan Laboratories— Co American dep Jan ay common Rubber 2% 20 300 54% Mar 4% • * 10c 18% 18% 19 6,900 Ltd— rets ord reg Duraloy (The) Co Durham Hosiery class B common. Duro Test Corp common Duval Sulphur & Potash Co £1 —1 4% 4% 1,700 16 87 Jan 1 • common—10 prior preferred 100 Eastern 25 States Corp 6% 25% Jan 6% Feb 6% Jan 20 Feb 22% 7 pi', 5,700 Jqn 20% 600 25% Jan ■ Jan 8 25 % Mar $7 preferred series A $6 — Common shares of beneficial int Jan 81 32% Jan 36% Mar 4 1,400 3VB Feb 4% Jan 100% 101 350 94 Jan 101% Jan 150 83% Jan -92% Mar 4 • 101 4 88% 90 14% Mar Feb 1 Jan- 36% 82 Jan 84 % 11% Jan 16% Feb 19 Va Jan 22% Jan 13 Jan 34 34 14% 14% 14% 700 Electric Bond 5 20% 20% 21 % 15,300 8% 8% 700 6% Jan 9 % Mar 17% 18% 1,300 143/4 Jan 18% Mar 1% 7,800 1% Jan 2% 303/4 Mar 32% & Share common Mar 4% Corp Ltd 600 1 10c 1 . 11 1 5 .28% . 18% 1% 32 1% 311/4 650 32 Jan 104 100 Mar 106% Feb Feb Feb Jan Jan 4% U % 5,200 .10 Jan 5% Mar 3A Jan 1ft Jan 15% 1 1 Eureka Pipe Line common. . Feb 18 % Jan 22% Jan Jan 100% Jan 67% 10 • 9 Jan 11% 450 1 Eureka -Jan 5,000 36 »/2 $5 pfd shares of beneficial lnt Easy Washing Machine class B Jan Jan 13% 78% 36% preferred series B. Sugar Associates— 37 4% 13% 78 36% Eastern 24% Mar 161% Mar 13% 78 • Empire District Electric 5* pfd Empire Millwork Corp Emsco Derrick & Equipment Equity Corp common $2 convertible preferred Esquire Inc Feb 100 111% Jan 113% Feb 3% Jan 5% Jan Palrchlld Camera & Instrument Fairchild Engine & Airplane 2s 6d page 142% Mar Jan 2% Mar 12 -1-1 33. 1 H" 1 Fansteel Metallurgical For footnotes Jan. Jatf 15% Mar Jan 2,200 £l Amer dep rets B ord 142% 142% Feb 8% Jan 4,100 Ilio Co Electrographlc Corp common ——• pfd Carreras 7% 15% U Mar 4% Canadian Dredge & Dock Co Ltd— Carnation Co common— Carolina Power & Light $5 7% 14% Jan 4ft Feb 12 % Mar 6%% Carman 7% 15% Co (Allen Class A Dunlop 7% 29% Mar 5 1 Dominion Steel & Coal class B 11% — 14% common mpital City Products common. Capital Transit Co Carey Baxter & Kennedy Inc 28 dep rets ord reg 4s Eastern Malleable Iron \ 30 Ltd— 27% % Canadian Industries Ltd— 7% preferred Canadian Marconi 28% 1 33 : 29% 2% 1 Insurance preference Canadian Canners Ltd 28% 800 25% 29% 12%c Canada Bread Co Ltd Canada Cement Co Ltd Jan 28% Devoe -2.50 Calgary & Edmonton Corp Ltd Electric Jan 3 ft 27% 4%% Fire 6% 500 28% Eastern Gas & Fuel Assn Camden 1,000 314 10 Feb ■ 38% Mar 200 6% 12% 20% '• Feb Feb Jan 38% 3ft 136% Jan 29% Jan 7% Mar 18 6% 40 11% dep rets California 33 14 Jan 10c 100 2,100 • Cable Electric Products Calamba Sugar Estate 12% 1,100 17% —* Eturry Biscuit Corp ■ 2% 16% • Bunker Hill & Sullivan Burd Piston Ring Co Burma Corp Amer j 12% 16% 10s Line 150 31% Jan 6% Mar 2% Feb 29% 1 16%' Jan 10% 12% 25% £1 - 16 28% 100 2% Jan 25% 4% cumulative junior preferred—10 Brown Rubber Co common.! 1 Bruce (E L) Co common 2.50 Bruck Mills Ltd class B ♦ 200 1 20% 23 Feb 3,400 1 3,500 Tobacco— Amer dep rets ord reg British Columbia Power class A Class B___ Brown Forman Distillers 7% Detroit Gasket & Manufacturing 22% 25% £1 11% 50c common 21% 23 Feb 3% 69% Mar 35 — Dennison Mfg class A common 8% debenture 221/a • dep rets ord bearer r- v4% Jan D Detroit Gray Iron Foundry Detroit Steel Products • Amer dep rets ord reg Eritish Celanese Ltd— —5 ' 60 ' * Jan 29% 7 —- 13% Mar Jan 10 Feb 15% Mar Jan 2% 29% ; 29% * '• Jan 2% ' 69% 37% Jan 4% 700. 100 11% 5 Feb 11% 100 12 " 69 % 6% 16 700 5% • Co 3% 3 1 13% Mar 12% 5% — — Oil 3% 3 37% 950 12% 3% 9 5,300 S 24% Mar ' — 3% 3 2.50 15 12 14% . Feb Jan 13% • Feb 71% Jan " : .2.50 13% 1 Bridgeport Gas Light Co Manufacturing Co common ' * common Jan 3% 4% Jan 1 52% 10% -25c common 8% — _ 18% Mar ' 1,400 ■ -.10 17% • common » common Sugar Feb 4 5.000 4 —!• —5 partic. common. Refining preferred 300 1 British-American (Md) "A" 750 5% Jan Jan % 1 —-. Curtis Lighting Inc common Curtis Manufacturing Co (Mo) Jan 9% Co Oil Cuban Jan 38% Drug Cuban 6 % Mar 17 Internat'l 8% • Brillo Buckeye Feb Petroleum Cork 23% 1 Brazilian Traction Light & Power Amer Jan Jan 3 Jan Jan 65% 1 • —1 Cent Crystal 1*6 ' Co 8% 3 Bourjois Inc Corp 5% 15 Feb 700 Ltd— 22% prior cumulative preferred_100 Borne Scrymser Co 25 British 200 400 Jan 144% 3% • 22% 5%% A Feb 2,000 3% Jan 1 common 1 common Blue Ridge Corp common Blumenthal (S) & Co common Bohack (H C) Co common ClciSS 15% 2% 3% —-. —5c preferred class A $fi Feb • 4 Birdsboro Steel Fdry & Mach Co com.* Black Starr & Gorham class A • Edauner's common Breeze Jan 16 3% 36% 1 Jan Feb Jan " • Mines Crown Jan 14% 6 16 1 common *8% Jan 13 —1 1 Mar 11% Jan 8% 21% • Crown ~6% 4% 73% Jan 9% 100 128% 132 Jan 12 600 2% ' 130 Jan Feb Mar 7% 1,700 11% 5" — : Feb 400 lV/a 1 1 Feb 10% 61 200 11% 10% Jan 3% 50 13 Jan 6% 1,100 12% 29% '■ 300 7% Jan Jan Jan 5% 100 8% ' 1 Crown 7,400 Jan 6 Jan 22 ~7% 1956 Crosley Motors Inc Crowley Milner & Co Jan 1,500 * 27 " Inc. Croft Mar * Basic Jan 1,700 24 * * Barcelona Tr Lt & Pwr Ltd Feb 12% 7% American dep receipts Creole Petroleum • 5 -38 % Jan 100 6 % voting Courtauids 1 750 Jan 2,100 63/4 6% Mar 6% 63/s 1 1 Service. Machinery— to Cornucopia Cosden 34% Mar 35% : 6% 10% 15% 28 B Babcock & Wilcox Co 10 36 Jan (H) Distillery Ltd— Class $1 Baldwin Rubber Co common Baldwin Securities Corp w d Jan 5% Paint & Varnish Co Corby Jan 17% Mar 5% 23% Engineering Corp Jan 19 3 Feb 7% 25% 5% 3 Jan -Jan 7% 8 Jan 36 -- Liquidating Consolidated Mining & Smelting Ltd— Consolidated Royalty Oil 10 Continental Car-Na-Var Corp 1 Continental Foundry & Machine Co—1 Jan Jan Mar 4% 1 Consolidated Jan 5 % Mar 20 25 common 8% Mar 5% * common— Ayrshire Collieries Corp Jan Mar 2% 200 ' 6% Public Shoe ext Consol 8% 4% 5% Consolidated Gas Utilities £1 10% Mar 6% Manufacturing Co.. Community Industries— dep rets reg 36 Commodore Hotel Inc Jan 11% Jan 9% 15% 2.50 1 - Airlines 40 200 9% - 23% Colonial Sand & Stone Co 111% 23 • 200 4% ordinary 14 18% 93A 1 common 10% 44% Jan 11% : .10 Clinchfield Coal Corp common Aluminum Products Co Jan 13% 18% Jan 12 Jan Manufacturing___4 10% 44% 176 Jan 8% .1 13% ii% Jan 8% 100 " 10% * 155 100 11% ' Co 10% • 100 Jan 9% „1 Club 50 preferred Equipment Corp Aspinook (The) Corp 6% 3% 600 11 Feb 94 % Mar 11 * ...5 Stamping. * Aro Avery Auto 10 Arkansas Power & Light $7 pfd Armstrong Rubber Co class A American 300 9 6% • preferred Associated 3% 8% 109 1 Arkansas Natural Gas common Common class A non-voting 4%% 3% pfd__100 Argus Cameras Inc 6% City Clark 9 16% 12% Jan Jan • Clarostat Manufacturing Co Claude Neon Inc. 3% Jan 91% Jan 8% Jan 85 * City & Suburban Homes— 10% Anglo-Iranian Oil Co Ltd— 1 11% 570 .-10 6% —1 400 4 Mining. 100 Angostura-Wupperman Apex-Elec Manufacturing Co 81% Mar 11% 1 common. 9 11 180 11 —— 10 9 £1 8% 13% * 5 2 reg 6% Mar 175 10 1 dep rets ord 1,000 171 2.50 Anchor Post Products American Jan Jan " -10 common Angerman Co Inc common Feb 6% 15% Jan 5 5 preferred American Writing Paper common Co Chesebrough Manufacturing com Chicago Rivet & Machine Chicago & Southern Air Lines Voting trust certificates Feb % 118 Aircraft Corp common Cherry-Burrell common 50% Mar Jan % 4,800 % 16 32% Cessna *■ ' 10 2 Chamberlin Co of America 2,000 48% 2 common Mar 175 100 100 100 — 33 35% 6% 17% 813/4 13% -- Conv 31 10 $6 series preferred Producta. Steel Ohio 7,200 24 7% Jan 4"% Mar Jan 81% - Conv - 27% Mar 400 23% 7 81% preferred— preferred preferred opt dlv seriea pfd opt dlv series 1929 Century Electric Co common Century Investors Inc Convertible preference. ' Jan 27 6% America Light 4% pfd 100 (Central States Elec 6% preferred__100 Mar 21 • common % 26% 24 300 1,000 Central Power & 26% pfd—23 1% 16% 1 High Central Maine Power Co— Feb Jan 2,250 35 6% ~4% *.:7% 1% 84 Range Since Jan. Low 16 * '• r of Corp ' * . High y comm Si Co (A M) 1% 21 • 5% 9% 14% Jan 1 % Jan Products 7% 20 B Superpower Corp Feb 77 % —1 Co Potash & Chem American Thread 13 150 100 33% * American Republics American Seal-Kap Castle 11% 80% 25 com Co Gas Casco Feb 1 Manufacturing Co Natural Jan 27% 1% 84 .Shares Carter (J W) Co common 104% 1% 23 American American Jan Mar 16% 1% 100 Co American American Maracaibo American Meter Co Mar Light— Class B ex-distribution American Hard Rubber 68 25% Mar 11% 1 for Week Low 100 20J 16% 1 Range of Prices High 250 26 Sales Last Sale Price - New York Curb Exchange 3,100 101% 25% 11% Low 72 100 15 lAmerlcan Bantam Car Co class A American Beverage common American Book Co American Cities 26 STOCKS Range Since Jan. 1 High 69% 100 • common conv 70% 100 Manufacturing Amer Air Filter 5% Low • common Week's Thursday STOCKS New York Curb Exchange * — 1 32% 7% 18 31 .7% 17% 32% 8 18% 1,300 33% Mar 16,400 7% Mar 9 Jan 4,300 16% Mar 20 Jan Number 4997 Volume 173 . . Commercial and Financial Chronicle The . (1299F 31 YORK NEW CURB EXCHANGE RANGE FOR WEEK ENDED MARCH 23 Thursday Week's New York Curb Exchange Sale Price . Low Par Association Fire York First (Phlla)—— 10c preferred—1 Corp common cumulative $2 dividend Flshman (M H) 60Vn 3% 30 y4 10 Sales Thursday STOCKS Shares Range Since Jan. 1 High Low 110 60Va 60% 3Vi 3'% 30 V* .30'A 58% A 25 3% Jan Class B 58% 54 % 62 " 1,900 61% 65 Jan Jeanette Glass 10% Feb Jefferson Lake Jan 75 Jan 54 66% Feb 75 Brown Co common— £1 Pitt 28 Fuller (Geo A) preferred—,—-50 5 Co 13 100 1% 13% 8% Jan 11 Feb 8% Jan 9 Jan Jan 45 Jan 39 11% — — 10% 900 12 Jan Kalser-Frazer Corp Co Power 18 17% • common— 200 2% ..100 —1 General Acceptance Corp —1 General Alloys Co • General Builders Supply Corp com—1 5% convertible preferred 25 preferred _t Gellman Mfg Co 16% Jan- 97 18% General Electric General „ 7% C) (A Jan 6% 1,100 5% Jan 2% 600 2% Feb 3 800 2% Jan 21% 100 Eng Seeley Corp Kingston Products Kirby Petroleum •6% Feb 4 Jan 3% Feb 23 Jan 8% Jan 9% 200 7% Jan —5 100 20% 1,100 _50o —20 4% 21 20% — — 18% -- 4% 15% 4% 15y2 15% 2,200 -.100 350 105 Mar Jan Co Gladding $6 Gold ■. — 113 —' 99 ' 113 19 100 112% 25 Feb 108 % Mar 4% Mar 4% Feb 4% 6% 6% 200 5% 18% 50 18% Jan Glen Alden Glenmore Co . —— 17% Jan 19% Feb 28 v4 Jan 33 Feb ,1 —— .25 .. I Coal Distilleries 4 Lake Shores Mines 7% Feb Jan Union- Co Gobel (Adolf) Godchaux "''••—to. 13% * class B —1 — r4—-- ' ' ' '*• * • 14 16 27 4,000 16% 4,100 27% 13% 16 % 27% < ■t • Inc—__i_x-——5 Inc common Class B *4.50 54 700 23% Feb 4,000 3% Jan 13% Mar 17% Consolidated —.. — Great Atlantic & Pacific Non-voting common 7% 1st preferred > Oil t 4% 54 53 25 Jan Le — — ' 4% stock Jan % 20% 10% 10% 129 Feb 14 Jan 20% Mar . 7% Jan 0% Feb 10 % Mar 12% Feb Mar 136% —— 3% 136% 49% 48% .—2 •3% 40 1 • 50 —— 0 an 54 22"% - Jan Jan W ■ — — ~ -v.. '• . Jan Maine Feb Mangel —• -25 — 5% '>'■ '' V1' 5% 5% 1,100. Feb Co——— —— 100 11% Jan 18% 32% Feb 37% Jan 49 250 44% Jan 49 % Jan 5% « ' 4 2,200 1% Jan 6% ■,7% 1,000 5% Jan Mead Co III—5 200 9% Jan 11% Mar 25% 800 23% Jan 27% Feb 6% Jan 12% Mar 8% Jan 14% Jan 19% Feb 14 Feb 6"% w_ 7'/a 700 12% 12% 1,400 16Vfl 16 12% 100 - ■ 12% Mar 92 70 12 ta 100 91 - —- 16% 12% • — ... 6% 12% * common 70 IIIII2 ' — — Jan 11% Jan 88 Jan 96% 20 ■ 67 Jan 9% 200 8% 3% 4% 700 7% 100 5% Jan 9% 100 8% Feb 9% 11% 11% 1,100 12% 13% 3,400 iron Co : 3% 3% — * * — r 3% 51 - 15 * common ~ "I* 100 . 14% 15 Co — (Harvey) Inc common• Humble Oil 8b Refining Surd Lock & Manufacturing Co. III—5 1 Huyler's common ——1 1st convertible preferred * Hydro-Electric Securities IIIII5 Hygrade Food Products— Oil Corp —_• common Imperial-Chemical Industries— American dep receipts registered £1 Xmperiad Oil (Canada) capital stock * imperial Tobacco of Canada 15 Imperial Tobacco of Great Britain & pfd—10o Co of North America i _ > 1 $2 50 Metal Industries A Irving Safety Razor B Co Feb Jan Feb 19 to, 13% Jan 18% Feb 22% Jan 800 10% Mar Hi/4 Mar 21% 22% 4,800 17% Jan 22% Mar 13% 13% 13% 1,000 12% Jan 14% Feb • — 29% — — —— 25% — 25% — — ' — 33% 34% 26% ■ — 34% 30% Mar Jan 25% 24% Jan 28 y4 Feb 10 y« Jan 12 y8 Feb 32% Mar 37% Jan Jaii 112 Va Jan — 4,100 ' Jan 23 — — — 8,500 Feb 112 112 112 10 17 17 17 200 14% Jan 17% Feb 12 111% 1 t c ... * 1 400 14% Jan 400 12% Jan 15 Mar 18% 200 16% Jan 21 Feb 32 Jan 13 18% —' — i V — -- 100'^ 30% Mar 41 i 13% 14% 2,200 10 11% 12% 2,600 10% Mar 44 44 , __ — Jan 41 — '■ 100 41 2% Jan 42% Jan Feb 2% Feb Feb 16% Feb 12% Mar Jan 45 % Mar 11% 12% 1,200 8% Jan 13% 13% 13% 14% 3,400 13 y4 Jan 14% 2% 3% 10,300 — 3 37 2% Mar Jan 13 Feb Feb Jan 4 40 25 31% Jan 32% 107% Mar Oil 31% 200 114% 118% 118% 1,500 102% Jan 800 4% ■ 2% 16% 23 • 2% 16 Feb 3% 5,700 2% Feb 3,450 13% Feb 200 3% 23 X131 1,600 3% 3% Mar Mar 4% 20% Mar 22% 20% 22% 2,350 4% '4% 4% 100 35% 34% 36* 11% 11% 11% 5 ' 1 " Feb 14,600 4% Feb 25% Jan 37% Mar 200 11% Mar 12% Feb 10% Mar 100% 11 100 190 .100 Jan 124% Feb 15% Co common Pictures 300 64% Mar 14% 600 13% 650 87 1% , Muskogee Co ; common common Jan *.k !4% Jan 78% 89 Jan Mar Corp Inc Jan Jart 9% Feb 16% Jan 1,300 13 Jan 14% Feb 10 13% — Jan 11% Feb — — 25 Jan 27 Feb 18% Mar 24 Jan 25% 200 22% Jan 26% 32 Feb 35 — —— — ' 4% 4 4 34 34 34 16% 16 16% 6% .500 103 • 2,900 6% / 500 25 1,800 —1 2% 6% Jan Feb .Jan 5% Feb 7% Jan Jan 35% Feb 15% Mar 19%, Jan 31 40 Jan .18,200 13 V2 Jan 20% Mar 2% 1,900 2Va Jan 50 —' 18 2% Jan 20% ' to* 19% 3% 5% Feb 103% Feb 41% Mar 103 • »to • • 10c 10 50o 102Va 95% 106 25 106 103% 101 ~2% 2% "2% 175% 175% 700 10 35% 25 4% 1,800 18% 19% 1,000 11% n% 101% 35% 4% 4% 11% 200 101% 102 * Jan. ' Jan Jan Mar 2% Feb 98 106 Jan Feb 101% Jan Jan Jan 2% 174% Mar 185 % Feb Jan 36% 4% Feb Jan 2% 34 x4% Jan 16% 11% Jan Feb 70 100 Jan 19% Mar Feb 13 103 % Mar 44% 46 500 42 Jan 56 Feb 20"% 20% 100 19 Jan 21 Mar 11 % 11% 300 9% Jan 11% Mar 21% 22% 1,100 17% Jan 22% Mar 8% 9% 2,400 7% Jan 9% Mar 4,900 18% 18% 4% 3% 19% 300 3% 4% 3% 13% 13% 6,200 10% 10'/8 500 4£% 22 8% National Bellas Hess common National Breweries common 3,400 300 12% Jan 16% Mar National Fuel Gas 400 12% Jan 15 % 4% 8,400 1 -• 2® National Mallinson 3 14 .10 common.. 13 1,300 12 16% Jan Jan Feb Jan 3% Mar 1% Jan 2% ' —— 8% 1,100 % 400 93 Mar 91 % 8% Mar 13% Feb N Nachman 15% 8 — 100 2 25% -1 common Muter Company 15% 1% 13. .; 1,500 • 1% Mar Jah 12% Jan Jan -10 common—7.25 Mountain States Tel & Tel 100 Mt Vernon-Woodbury Mills— 5 Murray Ohio Mfg Co • Muskegon Piston Ring common 2.50 15 1% 8% 13% 1,600 Jan 8% 4% Power 13 2% 8% Producers States 15% 2% 1% 1,3% 139%«*lan 64%, Mar 64 % 85 1% 9 56 102% Mar 250 101% 64% 14 87 400 Jan Feb 129% 130: 6i% 11 —1 Montgomery Ward 8b Co class A Moody Investors participation pfd Morris Plan Corp of America Jan ' V* 10% 56 '8% .Jan 900 preferred series C 100 Monroe Loan Society com class A——1 Jan 18% Ma?,*,*+*.-'27% * 11 4.50% Feb 27 < 500 Monongahela Power Co— 4,40% cumulative preferred 100 4.80% cumulative pfd series B—100 5% Mar Jan 8 Feb . 19 — 7% -10 — Co Public Service common Monogram 32% Mar Jan 5% 3% 19 3%, 21% 25 Jap, ' ~8 . 750 convertible Missouri Jan Jan 7Vss 9 5% Piping 8b Supply common- —• Wohl 4%% Jan 111 9% 6% Jan 19% -50 preferred 0 Mining Corp of Canada Minnesota Pwr 8b Light 5% pfd— 100 Midwest Jan 169 7% Mar — 4% Miller 45% Jan 4,800 19% Jan Jan Feb 100 7% - — Feb 12% —to. __ Mar 13% 44% 163 7% ——' ' '560 15 150 12% 7% • shares Mid-West Refineries Jan 7% preferred National National National v 13% xi4%.xi4y4 common— 4% Feb 53% Mar 15 100 Italian Superpower Corp com el A 5'/a ' Mid-West Abrasive *. • ; Manufacturing Chute Jan 6% Mar 1,000 13% Midwest Jan 70 30% 31% lo Royalty— Air ' — 10% 19% Jan 11% 1 Feb Iowa Public Service Co— Iron Fireman ,/ Jan Jan 17% Imm 19% ; ~8% Feb Jan 31% 31% 107% —„ International Products preferred • 10% —' 10 1 15% 3 —— 25c 15 1 -—2.50 • 12% 39 169 dividend non-cum Midvale Namm's International Petroleum coupon shs —* Registered shares • 3.90% ; 8 19 1 Jan 100 107% 108% . * Preferred $3.50 series Investors • — — ; Jan 200 _ i6i% __' 10 .5 International Cigar Machinery International Hydro-Electric— International -10 Xl0% 9% 51 £1 .— Indianapolis Pwr & Light 4% . : —— 9% -- Steel Products— Mountain International 8 — $1 conv preferred—* Midland Mountain w 1,200 ' —— — Michigan Sugar Co common 6% preferred Hone Corp Middle States Petroleum common • 1 5 common 6% Mar Chapman & Scott Corp— Micromatic Jan 11% Hubbell New 1,900 12% Molybdenum Corp Insurance 6% —— .1 Corp common Participating preferred Jan 8% 13 % & Co Ireland Feb 6% 9% — Co Mfg Feb 5% 8% Vto.' 5 ■ Co Jan 11% 6% -1 „"l Co & Metal Textile Feb 7% 10 Inc Illinois Zinc 5% Jan — Michigan Bumper Corp— Michigan Steel Tube 9% Mar 3% Mar —2.50 Baking Jan 12% 70% Mar Feb 9% 3% —1 — Mines Gold Hardart 17% Feb 16 8V8 13 y8 —.— Mesabi ' 1 10c & Co class A preferred Jan 200 4% .£1 — Merritt 15% Mar 30 •to— • 100 — common Products.^ & 5% 16% 300 — Ltd Dredging Johnson Menasco 2% Jan 7% Jan 11% 25% 25% 100 Horn 10% Feb 1,600 41 Harris common McWilliams 6% Mar Jan 11% —— -• common Hardart 9% Mar 5% 14% (A G) & Co class B McKee Feb 200 ■ — (Geo A) 600 9% .10 * — & 10% Feb 5 .— Shovel Power Massey Jan 6 15% 36 5% 1 Holly Stores Inc Holophane Co common Hormel Jan ' 48% 1 Mfg Co common. convertible preferred Border's 4V8 ' 25c Horn 1>5G0 16% -5 Mapes Communication 5% 2 Co Consol 4% 9% — Midland (R) 14 % 13 Feb 4% Jan ' — (The B) Co Consolidated Mfg Co Marconi International Marine r' 35% 49 1 5% % preferred Hoe Jan Jan —5 Stores common,. Marion < 5% — — * Hollinger 12% X9% 22% * - Public Service 11% ' V 15% Corp Hearn Dept Stores common. 5% 16% Mar 1,300 2,100 - M ■ II—Is Hazeltine Hlgbie Feb 11 Mackintosh-Hemphill Co 23% 10% Mar ' — common w Jan Feb 10% 9% ■ 19% — 26% Mar * Harvard Brewing Co Hastings Mfg Co__ Hathaway Bakeries Inc— Steel Feb Jan 1^ Jan 9% — Feb 46 900 to. — — 5 Lamp Co Bridge Co Ltd Paper common Hartford Electric Light—!. preferred m*mi 1 Feb 2 V4 16,900 ■ — .25c Hall 4% 28 Jan 3% 128 100 130 3% Hamilton Hercules 5 Jan Jan 13% 100 16% Mar li 4 Jan Jan 132% Mar 900 133% 134% ' .25 Hammermill Henry Holt & Co 9% -10 (Texas)— 1 Longines-Wittnauer Watch Co 1 Louisiana Land 8s Exploration• Louisiana Power & Light $6 pfd. Lynch Corp Mar 32 • Co 4% Lone Star Gas Co 68 Jan H Heller 4% B Locke Steel Chain ' Class A 13% 12% —8 Manischewitz Rubinstein 8% 17% , 11% class A Groceterias Class Jan Jan . 129 100 Western Mining . 9% % 15% Inc G) Loblaw Feb i§ 29% 1,400 — (R Tourneau Feb 40% 87 Jan r** Helena 1,900 8,400 4,300 27% 11 X13% Ltd Liberty Fabrics of N Y Lionel Corp common >u." Hecla 4% 4 26 12% Lit Brothers common— 55 ' —1 Co Paper RayOn 28% Mar 7% Jan 1,900 Tea— Brewery Grocery Stores Products common Gypsum Lime 8b Alabastine Hartford 36% Mar Jan -33 %o Co— Jan Jan 60 Jan . 82 600 19% 10% —5 31% 31% 20% 10 2,000 '.2ft%Mar . Jan 35 ■ U '' ——- . ■ 85 % ■: ' -1 — •— ,■ 85 . -- • ■ — . % pfd. -25 conv Chemical 8b Great Northern Griesedieck t 4%" 54 85 —1 Mines. .Graham-Paige Motors-5% Grand Rapids Varnish 1 Gray Manufacturing Co Great Lakes Jan 24 13 y8 1 Foundry 8s Machine 5 Lamson Corp of Delaware .—5" Lanston Monotype Machine. La Salle Extension University—— —5 .1 Lefcourt Realty common Feb 20 Mar 16 ' .— prior preferred. "Goodman- Manufacturing. Co.—... .50 Gorham Manufacturing common —4 f "■ 4% — Sugars- class A Goldfield 35 600 4 Lakey ' Globe 25 28% 16% Laclede-Christy Company L'Aiglon. Apparel Inc 20% Jan —— , •; ■ „ 1,300 18% v -i. 4% * " 35% 27 y4 — 1 Forge 108% Mar Jan 107 8% Feb 114% 108 % Mar —'v —• — 8s 80 Feb Jan Jan ' * common —." -- —1 Mines — McBean 108 Jan Jan ' Gilchrist 18% Mar 10 Krueger Brewing Co Mar 14% (The) Jan 16% 8 Kropp Jan 600 7.50 Corp 15% Mar 18% ! Stores Jan 8% Jan 35% —— * (I B) Rubber Co— 22% 107 13% 7/b Hotels Jan 7% 26% Kobacker Jan 10% Mar 108 1 Mar 5% 50 Mar 550 —— 1 22 Jan 108 n,-'^ Knott Feb 7 15% U •. 1 — Jan 3% Jan 17 18% - Jan 101 — 3% 22% Mar Jan 10% (D Emil) Co common Klein 8% Mar 8% 1,000 2% Mar 20% 13 V* • — Lake G M Co Kleinert 8% __ 11,400 2% Feb 105% Ltd Kirkland Jan 20% __ -Z. preferred—* Georgia Power $6 preferred— • 55 preferred —* Gerity-Mich Corp 1 Gilbert Jan 7 2% 21% 7% 20% 32% ' General Public Service Yellowknife 100% Jan 6% — pfd A—10 General Plywood Corp common 6% conv preferred Giant Feb 2% 2% £1 rets Fireprooflng common Outdoor Adv 6% pfd General * <■ Ltd— Co ord reg General Finance Corp 5% dep 6% —J- 225 5 Kings County Lighting common. 4% cumulative preferred- Feb 5% . to—to1 * — —— - Amer —- common— 300 7% • Kennedy's Inc Key Co common Kidde (Walter) As Co_ • 5% ' 2% 21% 100 —— ' * Jan 19% 1 —^ Kansas Gas & Electric 4%% pfd Kawneer Co , 12% Mar ... Gatlneau Feb 2 Feb Kimberly-Clark Corp— 4%% preferred 1 26 200 2% Julian & Kokenge Co. 7% Feb Jan 5% Mar 1,200 2% Jan Jan 1,100 — 1,300 28% 2% 2% Jan Jan 11 6 27% 21% 1 common Preference Feb 5% —— 9% Franklin Simon 8b Co Inc common.—1 convertible Jan 28,000 1 12% 9'/a 12 V4 9% — (Peter) 4%% 4% 1,803 5 1 deposit receipts bearer Brewing Co 1 Brewing ——1.25 American Fort Fox 4% 5 Range Since Jan. 1 Low High High 5% Sulphur Co (N J). Stores I Ford Motor Co Ltd— American deposit rets ord reg Ford Motor of France- Sales J 31 Jan 45% Low Jan Feb 29 9% * —• Shares Par Jim non-votingvoting for Week of Prices Jan Ford Motor of Canada— Class Week's Range Sale Price High .62% Jan 3V« 5,600 1 Co Inc_ Last New York Curb Exchange for IVeek Range of Prices Last STOCKS ' 16% Jan Mar 8 % Jan ..v 18 10% Feb National Feb » National Jan National % Jan National a * Fabrics——4—-1 Mfg 8b Stores common 1 Pressure Cooker common-.—2 Radiator Co .,4 Rubber Machinery 10 Starch Products 1 Steel Car Ltd • Transit common 1 13% 1,050 Jan 16 5% Jan 4 Feb 18% Jan 22 Jan 11% Jan 12% 13% 13% 100 Feb 13% Mar Feb Feb Feb 12% Mar 10% Jan 13% 13 13% Feb 4% Jan 3% Jan 16% 12% Jan 16% 8% Jan 10% 12% 3,900 13% 13% 500 10 19 19 100 15% Jan 20 26% Jan 29% Feb 3% Jan 100 Jan 16 4% -Feb Jan Feb 82 (1300) The Commercial and Financial Chronicle NEW YORK CURB Thursday Week's Last Range of Prices Shares Par national Union Radio Neptune Nestle New Meter Le convertible Jersey Mexico Park & Process Co LOW 4% 18 20 25 5% Feb 17 Jan 20% Jan 2% 71 70% 72% 9% 9% 900 2% 2% 3 4 9% 68% Mar 8% 110,800 Auction common • & Honduras Rosario York Jan 3 76% 25 72 Jan 78 ll3,4 Rowe Russeks Fifth 300 8 Jan 9 150 31 Jan 37% Jan 12 Jan 5% 5% 5% 900 4% Jan 6'% Feb 5% 5% 500 5% Jan 71/2 Jan Feb Ryerson & Haynes common Bt Lawrence Feb Sayre & Fisher Brick 1U American Rayon $3 preferred—50 American Utility Securities • 48% 48% 48% 900 North 48% Mar North Central 19 19 19% 200 17% 5% 4,900 4 % Jan 2% 5% 5% 50 x88 % Jan 49% 4% Mar Jan 6 Jan Jan 22% Jan 6% Feb 90 Feb Feb Jan pfd—100 98 98 60 98 Mar 1 15 102% Mar 13% 15% 12,700 13 Jan 15 % Mar 16% 16% 800 15% Jan 18% 100 United Oil Schick Brass Co class B • 50'/a common % % 50% 1,000 50% Va Jan 11 Schulte 175 48% 111 112 130 Xll0% Feb 30 30 31 700 28% Jan • 14% 13% 14% 300 Olympic Radio & Telev Inc 11 % Jan 1 12% 13% Omar Inc 11,900 8% Jan 1 19% 19% O'okiep Copper Co Ltd Amer shares— Overseas Securities 1 75 18% Jan 21 Feb 35% 35% 200 34% Mar 15 41% 15% 500 15 16% Jan Oliver United Filters class 100 15 B 12% Jan 55% Feb 36% 70 Inc A) Industries Inc 5 common 6% 1st 6% 10% preferred div Pacific cum preferred Petroleum 29% Power & Pacific Public Light 5% pfd Oil (R B) 27% Pen A) t v Pennroad Penn Corp Sentry Safety Control Corp class B Gas & Electric class Power & Light iVa% 4% Sherwin-Williams • A 100 Rubber common common Powdrell & Alexander common Corp of Canada common ' 4% Prosperity Co Providence Public " 62'A 5 34% 3% preferred Jan 16 Jan Feb 15 Jan Jan 4% 23% Jan Jan 11% Feb 4% Mar Jan 28% Feb 1'3 Jan ~2% 2,600 Common $7 class 2% Mar 3% 16% 31% 4% _ Reliance Electric & Rice-Stix Engineering Rio Valley Gas Co— Corp) v t c Rochester Gas Roeser & & Elec 4% 14 % 100 Feb Jan Feb 34 101% Mar 4 Jan 40 11% Jan 12% Mar 14 Jan Feb ' - 21% Mar 2% Mar 3% Jan 9 400 8 Jan 9 Pendleton Rolls Royce Ltd— Inc common 10 100 8% Jan 10 Jan 30% 104% 700 25 Va Jan 33% 15% 600 13% Jan 17 Feb 12 Jan 12 Mar 1,400 9 4% 10'A ■< • * American dep receipts for ord reg —£1 Cable Corp common 18'A 18% 3,100 xl7% 1% 1% 200 1% 26 27% 28% 125 Jan 19 -5 Roosevelt Field Inc Rotary Electric Steel Co Rights 10% 10% _5 —10 — footnotes see page 33. Jan 9 Jan 11% Mar 300 5 Jan 7% Mar Feb Jan 4lA Mar 5 42% 1,200 35% Jan 45% 22% 50 20'A Jan 23 25 25 27% 46 46 10 Feb Mar 45 Jan 47 Jan 27% 27% 700 27% Jan 29 Jan 31 46^ 31 100 29 Feb 32 Va Mar 25 29% 29 29% 25 26% 26% 26% 25 25 25% ... 6 800 Jan 30% Mar 26 Jan 28% 200 25 Mar 26Va Mar 100 6 28% 200 " 4 Jan 6'A Mar Va Feb 45% 45% 800 45'A Mar 49% Feb 4% 4% 200 4% Mar 5% Jan 5% Jan 1% Feb ^ 4% • 10 1 4% 1 1 10% 21% 2% 2.78 1 9% 20% 100 1 2% 4% Feb 13 Jan 1,000 10% ; 21% 1,700 400 3 9% Mar . 20 11% Jan 21% Mar Jan 1,900 2'A 18V4 18'A 200 17% Jan 20 Jan 16 16'A 1,100 14% Jan 17'A Jan 39% 39% 700 37 Jan 6'A 6% 6,000 6Va Mar 8% Feb 6% 20 1 10 1 6% 1,400 6 Feb 7% Feb 50 160 Mar 168'% Feb Jan 3'A Feb " 39% 6% 160 160 163 41'% , Feb 5% Mar (A) B Canada 1 & Co. * com 100 28% Jan 24 Va 150 x22% Jan 15 15% 400 1 Jan 33% Jan 24'% Mar 14'A Mar 15% Jan 7% 7% 800 7 Va Jan 8'A Feb 2% 2% 2% 1,100 2% Feb 3% Jan 1 4% 4% 5 2,900 4 Va Mar 5'% Jan * common (Hugo) Corp Stop & Shop Inc (S) & Co 20'A 3 1 common Ray Drug commonSuperior Portland Cement, Superior Tool & Die Co Oil 21% 5 21 21 27'A 21% ; 2 l'A 275 18% 21% Feb 200 27'A 28% 900 26% Jan Jan 5% 21% 22 325 20% Jan 23% Feb 4'A 5,300 3% Jan 4% Jan 14 Va 14% 200 36 • 1 Corp Jan 1,000 36 100 20% 22 4,800 2% -4 15 4 14% 3'% Mar 22% 20% Mar 25c Inc Jan 1% 3 21 4% * Sun Swan Finch 29 Va 24 10% Jan 7% Jan 10c Engine Co Inc Stroock 29 Vs * 5 ordinary common Aluminum Products Brewers Inc Feb 34%. Feb Jan 5 5 Va Feb Tampa Electric Technicolor Inc Texas Power Shovel Jan Co * common common & .— • Light $4.56 pfd Co common Corp 21% 2% • 26'% common 5 " Markets Inc deposit rets def 4% Jan Feb 5% Jan Trunz 7% Jan Tung-Sol Jan 4% Jan 2% 100 2,600 2 Va 2'A 5,800 100 101% 40 41 30 23% Jan 17% Jan 1,200 6'A Jan 16'A 2,200 12'A Jan 17 Va 17% 100 8% 8% 8% 2,200 17% 17% 600 15'% 7% / 22 87/a Feb Feb 16'A Mar 17'% Mar Jan 8% Mar Jan 6 6 70c 6 13 1 44% 500 1 45% 18% Jan Jan 91 Mar 3% 3% % 1,000 99% 100 Feb 6 250 3% Jan 400 44% 100 15 Va 85 Jan 44% Mar 3'/a 125 Jan 99'% Mar 1 Va Mar —J 1% 1% 1% 2.200 1 3% 3% 3% 3,800 3% 2% 2% 3 6,800 2% Mar warrants Jan 37% Jan 4% Jan 2% Works convertible * 21 Jan 6 , Feb 1 Jan 53% Jan 4% Jan 105 Feb 2 Jan 4 Jan 3% Jan preferred Feb 22 600 19'% 18%. 18% 18% 21 Vs 22% 2,100 • Feb 23 Jan 20 Jan 16% 50 21 Va -.1 18'% Mar Jan 24'A Mar 17 * common- Feb 2 80c Lamp Feb 3 Temper Corp Inc -1- Jan 23% Mar 97' U 10c Jan 103 Feb 34% Feb 43 Mar ■ 1 5 Union Gas Union Investment Union 425 100 7 Va 30% Mar 31% 1 ' * Mining of Nevada Corp——— 112% Feb 19'A 17 Va 20 100 Feb Feb Jan 12% 1% Mar 200 preferred Lux Jan 4'A 4 Trans True 2,300 32% Tonopah 4%% Tri-Continental 4,100 27 Jan Edison Feb 4% 3% Toledo Mar 2'A 32'% Jan 40 22'A Jan 15% 16 registered—5s Jan Jan 6% 25c Shipyard Corp common— Toklan Royalty Corp. 30 6 Jan Jan 19'A 7% 5 Roofing Inc 1 Realty & Construction 1 Tobacco & Allied Stocks—— —• Tobacco Security Trust Co Ltd— Amer deposit rets ord registered—£1 59 100 15 18'A 111 Tilo Feb 10% Mar Jan 34'A • —1 Corporation Jan 4,900 6% 25 11 Feb 55'% 1% ■ 4 Va 1,200 6% 79% 16% 5V» 22% 10.100 Oil of Co Canada of Co * 8 —4 1 7% 17 Va 17 7% 100 8 4,000 17 Vs 7% 7% 400 % Jan 4% 700 Jan 16% Mar .7 Jan 99 . Mar California— 1 Feb 8'A Mar 18% Feb 7% Mar _ „ 14% 14% * 15 Va 4,000 12'A Jan 15'A 15% Jan 15'A 15% 200 9% Jan 4 4 17 Vs Feb l'A 42% 3,100 %'e l»/8 12,500 l'A _ For Jan <%■ Jan 25'% Mar 1,100 27 -f&f 15,400 10% 6% Mar 14% Mar Jan Thorofare 18'A — ** Rome 5 10 »A 74 Jan Thor 4% 40 1,500 Mar 2 Va • 15 4'A Mar 6% -100 14% 4'A Stetson (J B) Co 3% 1 pfd F 25 42% Stinnes 32% Grande (Texas 77 700 Feb 25% . 77 v; 3,200 Jan • — 1 Feb 3'% Mar 5'A Jan 2 Va • 66% Jan 4% 5% 5 Va 5 ! 5 7'A Mar 3'A * class 25 4% Inc Richmond Radiator 35% Mar 5 Tube 12% — 1 3l'A Mar 5% Jan Feb 22% (The) Corp Jan ' —1 1,200 Jan 4% Amer 6.25 _ 58% 57'A 57% Jna 4% 4% Standard Jan • A 27% 35'A — • Todd — Feb Jan Va Mar 4% 26 V* Jan 19% __ Reading Tube Corp class GOO Feb 8% Jan Steel Co of R Reda Pump Co Regal Shoe Co__ Reis (Robert) & Co 100 4% Feb 19'A 8'A Sterling Sterling Sterling Sterling 11'A 10 Va 31 "A 4% 5 17 Feb Jan 18% Tishman common-—5 31% 15% Mar 6'A 8 — Manufacturing 400 Feb Jan 29% Feb 700 Stein 102 28'% Jan 600 ~6% Jan 70'% 109 500 Feb Quebec Power Co. preferred 16% 6 Va 34'% Jan Jan 6% Jan Q convertible Jan 61% Jan 9 Thiokol $3 29% 106 Feb 7% 6% Thew Raytheon Jan 8% Feb 14% — 2,100 5% 6% 65% 30 18% 32 Va 32% 32 % 3,500 9 40 10 — 6% 1 Jan 3,200 „ ~6'A 13'A Mar 1 1 150 2% Jan 16% Jan Corp Jan 3% Mar 150 1% Jan Co 500 2% Railway & Light Securities— Voting common Railway & Utility Investment A——1 Rath Packing Co common 10 Raymond Concrete Pile common—;.. a l'A Mar 13'A Standard Products 10'% 37% Jan 7% Mar Standard-Thomson 33% '■ Feb 12 «% * 24 — Jan 42% preferred 4 ' 12 300 4'A 22 % B 18 2% 10 r Forgings Corp Standard Oil (Ky) Standard Power & Light common 60 3,400 30 2,000 5 "•<:. Standard Dredging Corp common $1.60 convertible preferred—. Starrett 20'A * IV2 15% .* Co Standard 50 8% l'A 15'A 5% Mar — 5 Pyrene Manufacturing % Mar Feb 11 100 com Mar 4 74% 600 * common x41 Jan 22% '.—1 Puget Sound Pulp & Timber Jan Mar 2,600 18% • Co 35% 67 4'A 36% 2,700 —- -25 Brewing Co Cap & Seal common Convertible preferred 20% ■' 7% 37% Mar 3 Va Mar 23 preference preferred preferred Standard Feb 6 ' •■mL 7 7% 1% 25 Standard Jan 20% — 800 70 — Jan 1,000 20 Va B 6% 5% Mar 1,300 1 Nevada 15% Mar 112 100 10'% 2.50 Gas Pyle-National 200 - cumulative ' Jan 109 Va Mar 3% 23% 3% 25% Mar 550 Spencer Shoe Corp_4Stahl-Meyer Inc 830 24 99 Va Mar 68 preference ■ 1,200 — 95'% Jan 1 Royalty 4'/a • America Southland 3% — Jan 92 107 Pipe Line 35% 1 88 1,000 10 preferred preferred original 63 Va * class Jan 3% 300 Mar 3 61% 34'A Service of Colorado— 4V.% 13 % 44 2% 2% 50 100 common of 4% 26 2 2.50 6% 1st preferred Pratt & Lambert Co of 28% Mar 100 25% 25o Power 5% 24% Mar Jan 7% 4% 10 Mining Co Inc Jan 20% Mar "2 'A Pneumatic Scale Jan 23 13% 10c Pittsburgh & Lake Erie Pittsburgh Metallurgical common Pleasant Valley Wine Co 6% Jan 40 1,300 % 1 Metals Producers Corp Feb cumulative 700 1 Pressed cumulative 4,700 26 Prentice-Hall 4.32% 4.08% 500 Piper Aircraft Corp 1 4.48% Feb 67% 1 Polaris Feb 75 4 % Governor common Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd ' 19% Jan 67 4,000 12.50 common Jan 7% 5% Mar • common Penn 12 4 % 55,600 Southern California Edison— 500 67% 37'A 3% 1 Southwest Pa Pipe Line Feb • Pierce Oil Jan Jan 6 400 50o Philadelphia Co common Phillips Packing Co Phillips Screw Co South 24 51 Jan 17 4% Jan 95% 1 convertible convertible 1 4% Publications— Jan 27 Pepperell Manufacturing Co (Mass)—20 Circle Corp 2.50 Feb 15 Vs Mar Jan 99'A * cumulative 40 2'% Jan 3'/a Jan 89% 67 Corp 4.88% 38% 13 18,200 106 South Coast 4.56% 39% 1% Mar 100 4 x25% 1 Sonotone Soss Jan • 3,200 13% 3% 39 Va 94 Manufacturing common Corp common Feb Mar Jan 450 2 1% 13% 3% 11'A Jan 2% Jan Jan 16% Feb x93 1 17 4% 4% 109% 110% 5% 5% Jan Co Aircraft Solar 39 150 110% Jan 20% 2'A 300 67 class A— Jan 5% Mar 200 2.50 (The) 15 Feb Jan 14% 2% Jan 17 16% — Jan 14 Jan * Southern 14% Jan 2 £1 29% 42%t« 29 100 dep rets ord registered Smith (Howard) Paper Mills 200 24% 900 107 Amer 9,800 24% 1,800 2'A • 1 -* 20 6% 41% 2% 35% 2'A $3 convertible preferred Simplicity Pattern common Simpson's Ltd class B_, Singer Manufacturing Co Singer Manufacturing Co Ltd— 35% 24% 2% 34 % 2% • 55 • com pfd 99% Jan 4 41% 2% 35% Jo Ltd Breweries 16% f Feb Jan Jan Canada of America of Corp Feb 9% Jan 29,400 "5% "5% Jan 9'/4 -• common preferred 5% 5% 2% 1,300 *00 Sherwin-Williams 16% Perfect ' 5% 1.000 9% 3% x26 Shawinigan Water & Power 34% 35% 25 Co & 7^ Jan 25 Water & Power Co Tire 105% 3 Va X9% 1% 13% Mining Denn 22 1 Traffic Pharls Jan 3Va 9% * 5 49 0 common Penn Pep Boys 102 • preferred Feb Feb 4'A 106% Mar 20,100 5 1 Penn Penn 9 28% 28% Jan 14% 2 cumulative Jan 27% Mar —1 & Reel! Mar 96 Va 5 Peninsular Telephone common $1 cumulative preferred $1.32 40 5% Patchogue Plymouth Mills 31 29 102"% • Patican Co Ltd Jan 27% Mar 100 700 102% 103 % c— Co Parkersburg Rig 27% 104% 104% "9% Feb Feb 26% Mar * Panatapec Oil (C A) Amer shares Paramount Motors Corp Parker 600 36% Jan —1 1 1 Sentinel Radio Coxp common Shattuck 33 Mar 3'A ■;—1 Inc Feb 33% Mar 4,700 x97 Feb Mar 4VB 25 15% 11 3% —5 32% Jan Jan 4% 3 Vs certificates Serrick 31 200 * common (C 28% 400 28% 8% 100 common preferred Page-Hersey Tubes Pancoastal 200 27% 27% 104% 1 Service 1st 29% 26% 27% * Ltd Pacific $1.30 1,400 31 .25 1st preferred 25 redeemable 1st pfd series A—25 4.80% red 1st preferred 25 pacific Lighting $4.50 preferred • 6% $4.40 34% 31 26% redeemable 400 33% 31 25 10% 33% 1st pfd—25 2% 1 stock prior Simmons-Boardman Co 85 Feb 1 —* common Convertible stock Sicks Can 42% Jan 1% * Segal Lock & Hardware Selby Shoe Co—.—__— Shoe Pacific Gas & Electric 6% BVu% 1st preferred Jan 53% 1,000 1 • Silex Co common Pacific 26% 2,200 1% common Seton Leather common— 13% Mar 5.300 72% 1% 1 Co Jan 113 Mar 34% 72 1% 25c 1 (Del) Inc (D Selected Jan Ohio Power 4% Vo preferred Oklahoma Natural Gas 36% -1 Scullin Steel Co common Jan Jan 1 49 common common Securities Corp General Seeman Bros Inc Sender % Ltd praferred Corp Inc $5.50 50o — 1 convertible Samson Allotment Ohio Corp 17% 15% 2,600 common 1 Mar Feb 4,000 118 Corp Feb • Savoy 16% Ogden Jan Petroleum Jan 1% . Jan 10'A Feb Consolidated Jan 15% \Va% 10 Ryan 16% 1% Pub Serv Jan 8% Mar 20% 10 Northrop Aircraft Inc Novadel-Agene Corp 8% 9 600 Feb • Northern Ind 14 Va 9% 16% Mar 5 Co Jan 8% 10% Nlles-Bement-Pond RR Jan 9% 200 Nlpissing Mines Penn 8'A 11V8 1 500 15 Va 1 600 6,100 Co 11% 1,200 Northeast Airlines 8% 13% Aeronautical 16% 15% 5 8% 12% 1.25 common 11% 15% Oil High 8% 13% Jan 15'A Texas Low 1 Ryan 1st common Range Since Jan. 1 High Mar 5 Corp Ave Low * Corp common Ltd Co 16% 1 shares Niagara Share (The) Oil Shipbuilding Corp— Pounders Shares Feb 8% 34% X34% 34% New 10 10 North Feb lor Week Jan 8% •~8% North Jan 77% 11% Jan 1% Jan 76% • York York Merchandise 2% Mar 1,400 9% New Co 5% Jan 103% Mar 6% Mar 1 common Jan 1,000 1 Land Co Jan 93% 300 Kange of Prices Par Royalite Sales Week's Last Sale Price Exchange High Jan 4,200 20 2% New York Curb 4 99% 101 2'/a Co—'--~l 1 6,800 4% New New York High, 4'/a 100% 100 preferred- Arizona Mining Thursday STOCKS Range Since Jan. 1 — Zinc New New New 19 '/2 Tel New Haven Clock & Watch 4% % 4% 2.50 Co common Mur Low 30c common England Tel & New MARCH 23 for Week Sale Price Monday, March 26, 1951 Sales STOCKS . EXCHANGE RANGE FOR WEEK ENDED New York Curb Exchange .. 39% Jan 1^ Mar 51V. 99 — 514 Jan 2'A Mar 99 .100 -50c , United Elastic Corp. * l3* 99% 125 5% 2,200 73% — 5'A '/a 35'A iV 35'A Feb 5'A Mar 103% Jan Feb 75 6% Jan 16,100 32 "Jan JA Jan 100 33'A Jan 36% Jan Number 4997 Volume 173 . . FOR WEEK ENDED MARCH RANGE Last Interest BONDS Amer 10 ''o 44% 4414 45 4114 40% 4114 1 10c 1 14% 14% 14% Specialties common: S Air U S Foil S U Corp B Rubber S United Stores Corp 360 39% Jan 4114 Mar 13% Feb 15 Jan 2% New Jan 37% 5 Va 2,000 4% Jan 5% at 1 4% 3% 3% 214 2% 2% Jan 5% Jan 1% 314 Feb Piedmont 1,500 Feb 92 Jan Jan 86 Mar 30 30 30 50 25% Jan 30 Mai- A614s with Oct 1 3714 37 38 300 2814 Jan 38 Mar A 1947 5 3% 3,200 314 Feb 3% 3% 62 150 80 80 Jan 3% Vanadium-Alloys Steel Co Petroleum Venezuelan Venezuela Syndicate Vogt Manufacturing 92 46% Oct 1 5% 82 46 Jan 967/e Feb 314s % 40 Jan Mar 1st 250 8% 9 3,300 8% Mar 37/8 4>/4 4,500 50 3% Mar 1314 series and Waitt $2 Jan Baking West Utilities Texas Jan Southern Southern Counties Gas Feb 1st Feb 110 1% 600 14 >4 1414 100 6,500 2 Feb 2% Jan 1,100 6% Jan 9 Feb 7% 714 7'4 -1.25 800 7% 111 Va Jan __ — — California mortgage • 177 Jan 191 Jan 27 —* 25 m»' ' - —— .—5 '' rN.'— . 37 " • 1 • Feb m.-'' .• 41% 2514 Jan 1614 Jan Wickes (The) Corp C) (R Wilson • Co Gas Brothers 5% _ 25 (F W) American 10% 2nd Jan 714 101% 104% $102 103 103 105 $102 104 103% 104 $102 105 103% 105 $100 100% 101 103 1514 300 14% Jan 17% Jan revenue Electric A 7s, with A 7s 1940 1 1947 1 Dec ex Service Dec Jan 43 105 70 15 >4 1514 100 14 15 15% 1,100 18% 300 414 Jan 4% 5,300 114 Jan 7II Tft Sale Price or 14% Mar coupon 1956—^ June-Dec debentures A5%s 1970 June-Dec West Penn 6s Mar-Sept of 1947—1978 Lack & Western Lackawanna 1st Traction 5s 4s series A 104 97% Elmira Water Lt & RR 5s A 614s ex 1 1940 96% 99 104% 106% $110 115 102 103 Interest Period — 116 116% 5 102 104 External 5s Low 103 % 4 '; m 1 High .• 107% 163 166 103% 99% 37 4 111 1141/4 119% 119% 8 116% 120 100% 101 5 98% 99 Danzig Port & Waterways— AExternal 614s stamped 1952 66 61 62 V 64 58 64 Jan-July Mar -Sept 1112 — . — 101% 7s stamped (issue of Oct 112% stamped Parana Interest 103% 112% 21 101 % 102% 101% Nov 1 1947 coupon 1953 May -Nov 53 $55 May-Nov $24. — No. Jan. 1 Low High J 76 April-Oct Jan-July 1 $76 5414 5714 $56 June-Dec 1 75414 8214 71 82 %, $7014 72% 64 727/» $3714 9 2114 25 39 37% 37% 54 $25 5% 27 1958—Mar-Sept 1951 1947 6s 1931 1927) 8214 1972 May-Nou June-Dec 56 8% $56 , $55 —May-Nov April-Oct June-Dec June-Dec 56 83 39 79 79 5114 79 $51 56 5114 $55 — — 57 Rio de (Plan A) reduced (Republic Peru 114s to 214s 1953 Range Since Sold 4014 73% 10 67 62 Bonds High $7 Mortgage Bank of Bogota— A 7s (Issue of May 1927) 1947- Mortgage Bank of Denmark 5s 67 May 1956 Thursday's Bid & Asked Jan-July City (Peru) 614s stamped Maranhao stamped (Plan A) Interest reduced to 214s 2008 AMedellin 103% 4 May-Hoy 1993 or Feb-Aug 1953 ALima 114% 9814 114 119% Week's Range Last Sale Trice May-Nou 1955 AMortgage Bank of Chile coupon 50 Municipal Loan— Jan. 1 NO. 163 9814 Cons 514s Ercole Marelli Elec Mfg Co— A614s with Nov 2 97% Feb-Aug Thursday External 104 Jan-July 1993 4s series B Eastern Gas & Fuel 314s 1965 103 — — June-Dec 1960 New York Stock Exchange Danish RR— mortgage O to 50 4 60 104% 106 June-Dec Newspaper Union— s f debentures 1959 Range Since Division— of N J mortgage Alst . — Foreign Governments and Municipalities A7s Delaware 65 46 — — $55 Mar-Sept conv Sold High $158 104 Jan-July 5s debs 1948 1954 series 70 $24 Agricultural Mortgage Bank (Col) — A 20-year 7s April 1946 A20-year 7s Jan 1947 Bogota (see Mortgage Bank of) — ACauca Valley 7s 1948 Chicago Transit Authority— revenue 47% 102% 102% 10214 June-Dec 1956 1954 income debentures A 5s Bonds Friday's Bid & Asked Quar-Feb 3%s 32% 1514 Mar Week's Range Last Period 1998 Corp 2 Low 1% Interest series A 45 Jan • Exchange Elec 47% $24 May-Hoy coupon Washington Water Power 314s 1964 Feb 4% Bethlehem States 34 $63 Feb-Aug Jan 4% 99 Appalachian Elec Power 314s 1970 Boston Edison 234s 2 Jan n Jan 100% 99 Low ziCentral 95 44 Waldorf-Astoria Hotel— Feb Mar . 100 41 Jan Jan 8 1 99 V* 84% Co— BONDS Aug 95% 3 44 44 April-Oct 1946 1969— 2%s Jan 3314 •—.4. _ 41 Thursday 6s 105 Va 5 94 45 Jan-July 100% 99 % 93% 100% 100% 10014 —May-Nou April-Oct 1966 3 98% Feb-Aug 1970 314s 5s 1989 — Feb 16 18 *•«•» BONDS Steel -- — £1 New York Stock 18 Jan 15% ■' 5s preference 104 • 101% 102% 101% ' 6% 103% ' Feb-Aug 1970 314s Electric stamped Ltd— Wright Hargreaves Ltd 103 % 103% 102% $102 165 102 Jan 4% 6% 2 deposit receipts $100 158 8 Industries— (Hugo) 7-4s 1 158 102 % 103% Feb 14% 1,600 IIlOO pfd Inc— 55 — 1014 Mar 5% • Woodley Petroleum common Woolworth Jan 150 5% 5% — ~ 55 — -- Jan 19% 700 9% 105 Va — April-Oct 1973 (Calif) & Bros (A G) Western Jan 13% 25 preferred w w__ 5% preferred x w Winnipeg Elec common 'Wisconsin Pwr & Lt 414% Industries 914 9 1 common ' Woodall 9% • mil Inc 98% 104% 104% 103 158 Mar-Sept 1971 3s United Jan 8% __ —— ■ 5 - & Products Jan 514 1614 '' Willson 2314 4% Jan — —10 Corp^ 104'% 98% 101% $55 Mar-Sept Hydro-Electric Co— A 614s with Aug 1 1940 coupon 1953 A 614s ex Aug 1 1947 coupon 1953 Triborough Bridge & Tunnel Authority— Jan 25% 300 1 & Co Jan 2214 Mar 2314 Mar \rr — ■ 21% 21 <— m.. 102 5 . Terni Jan 38 Vi 38 % ■ 1 A Feb 26 „ 27 26% Jan 113 200 ■ M.' Stinnes Feb 8 Ye Jan __ * 1st pfd.1100 Whirlpool Corp Williams Feb 8 —10 Oil 1714 2'/a preferred- $6 1 101 Feb 114 Mar 714 Inc Wichita River 214 Jan 12 102 $100 1981—May-Nou 1965 Corp Inc 5s coll trust Stinnes (Hugo) Corp— A 7-4s 3rd stamped 1946 Jan 2 Shoe Mfg (Wm) 8 Jan 114 ■ • Whitman Jan 2% Mar 714 Tablet & Stationery com. —20 Westmoreland Coal Weyenberg 714 108% : 2% Western Westmoreland 3% Jan 1414 i w c Ry 7% Western Maryland 600 106%. 101% 101% Jan-July 3s 3s series B ref M Jan 1 — t v Manufacturing Wentworth — warrants Co 714 . 104 $98 ApriZ-Oct 1973 A 514 —30 preferred cum 714 „ 1 Inc §Waltham Watch Co Ward 314 800 714 -100 Bond & 2% 2% ext—• Co preferred 70 44% 5 —Jan-July Edison 1014 15 W Aircraft 7 $24 1998 Starrett 7% 68 104% Jan-July California Southern Spalding Wagner Baking voting trust ctfs 105 102 19b0 coupon debentures Southwestern Gas & Waco 79 102% 7 104 April-Oct 1960 1940 coupon Joaquin Lt & Pow 6s B 1952 Feb 4 • 66 '104 1968 Harbor Water Power Corp 3s 914 "9 20c * Inc 47% 73 3 102% 102% 10214 — 43% Public Service Electric & Gas Co— Jan 7 Va 2,400 70 90 % 90% —5 * 1 — Hydro-Electric Co— 614s ex San 314 7V2 8 79 914 8 ~3% 1 78 Mar 8614 Mar 400 lo preferred 49 47 April-Oct 1st mortgage 3s 1971 —*—April-Oct Park Lexington 1st mortgage 3s 1964 Jan-July Pennsylvania Water & Power 314s 1964—June-Dec 3V4s 1970 Jan-July Safe convertible 88% 49 $46 Jan-July 614s 1953 mortgage Ohio Power 1st mortgage 314s 50-year $4 High 83 $24 314 Mar 23 4.200 Corp common 21 861/2 April-Oct May-Now 1963 to Queens Borough Gas & Electric— 514s series A 1952__ Valspar 85% Mar-Nov Ja?t-July 1963 6s England Power 314s 1961 A 1st Feb 8V2 Sugar 8614 Feb 8614 Oil High Nippon Electric Power Co Ltd— Jan 28% Nov Extended Jan l7/a 3,300 8% Products Co common Utah-Idaho Jan 8614 Insurance Jan. 1 Low No. Valley RR— Jan 4914 1 1 50c 10 Consolidated Universal Universal Midland 574 Feb 3,000 5 5 Superpower 2% 3414 with 10 Universal Range Since Sold $55 1952 1940 coupon 1952 A 7s Jan • common Jan-July 1940 coupon Altalian 35% 2 2 34% A7s with Nov 1 Feb 414 • Reclaiming Co 1952 certificates escrow Jan 43% warrants Radiator common Debenture Bonds Co— u 245 Mar 50 Securities International 1st preferred with S U class Co and $5 U Conditioning A Feb 2,900 5% 514 614 U Jan 300 Preferred U Feb Jan 242 800 U 1$ 25 10 25 common Shoe United io 242 242 25 Sharing preferred Machinery common United Range Thursday's Bid & Asked Isarco Hydro-Electric Co— 100 Canal— & Profit United , RR NJ Interstate Power Feb 23 514 ord registered deposit rets United • 11% Feb Ltd— Co Molasses or Low Jan 8% 23 — — — — Week's Last Sale Price High Low • common preferred particpating 75c United , Products Milk Period New York Stock Exchange Range Since Jan. 1 Shares Interest BONDS Range Since Bonds High Low Par United of Prices Sale Price New York Curb Exchange 23 Thursday Week's Range or Friday's Thursday EXCHANGE CURB YORK NEW 33 (1301) Financial Chronicle The Commercial and . Janeiro ARussian A stamped Jan-July 28% 42 to 2% Government 1997 29 2012 1919 614s $35 Jan-July Jan-July -June-Dec 36 26 29% 34 120 2914 (Plan A) 1921 514s $3914 — (ser A B C D E) Interest reduced — Mar-Sept 2008 to 214s of) 35% 214 2% 74 2 2% 214 2% 214 5 2 2% Finland Residential Mtge Bank— 5s stamped Power 334s 1963 June-Dec & Western (coupon on) AEx-coupon market International issues All > A 61-4s A 7s 60 53 53 $45 — 50 44 50 A series F 79% June-Dec .1.3 61 84 23 60 84 Jan-July 77% 90 81% 90 13 63 87 31 58% 87 89 82 89 33 65 89 61% 23 85 81 85 Stock and Bond Averages on are March 21 March 22 March 20 15 Bonds Total Second Grade Grade (35 Stocks) Compiled by National Quotation Bureau, 10 First 10 consolidated; "cum/''cumula¬ t c," voting-trust certificate*! without warrants. 10 Util¬ Total 40 Inc. Range for 1051 Closing Date- 65 Stocks trials Rails Rails Bonds Mar. 17 47.28 ities High 48.65 Feb 26 97.23 101.07 100.97 Mar. 19 43.37 Jan 92.30 105.73 Low 43.10 99.85 47.09 82.55 248.08 82.04 42.88 91.86 99.90 105.65 96.95 101.09 100.89 Mar. 20 46.90 247.87 81.50 99.81 Mar. 21 Mar. 22 Mar. 23 trials 20 March of deposit; "cons," "M," mortgage; "n-v," non-voting stock; "v "w w," with warrants; "x w," Indus¬ Indus¬ 17 19 i," when issued; 249.03 Date— March "w Qver-lhe-Counter Industrial Stock Average 10 30 transacted during current week. used above—"cod," certificates tive; "conv." convertible; the (——Stocks March Abbreviations daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. Below listed asked prices; no sales being §Reported in receivership. 90 81 85 1952 and Bonds being tvaded flat. 87 87 1957 1952 (July 1941 coupon) 87 84 1955 Feb-Aug coupon) n $Thursday's bid 1955 1941 par Odd-lot transaction principal. redeemed (Dec 1 1941 coupon) (Aug A7s value, a Deferred delivery transaction (not Included In year's range), d Ex-interest, (not included in year's range). f Ex-distribution, g Ex-stock dividend, h ExUnder-the-rule transaction (not included in year's range), r Transaction for cash (not included in year's range). x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. ♦No e $55 Jan-July 1958 series E 1957 A7s 70 104% Power Sec— 11% series C A614s A 7s 100 ' RR— series A A 6s 70 ~3 10014 101 — 1 Guantanamo 73 $69 Mar-Sept 1961 Mountain Green 23 . __ . Rail¬ roads Util¬ ities 42.78 91.69 105.35 97.10 101.05 100.82 249.37 82.30 42.90 92.20 99.65 105.15 97.01 101.04 100.71 250.52 81.99 43.06 92.37 99.63 105.10 97.06 101.06 100.71 —Good Friday „ Good Friday —. Range for 46.85 2 1950 High Holiday 43.24 Dec 30 Low 34.25 July 18 34 (1302) The Commercial and Financial Chronicle Transactions at the New York Stock Stocks Week Ended March 23, 1951 Railroad Total Bank Government Bond Bonds Bonds Bonds Bonds Sales 630,770 $1,281,000 $206,000 1,122,540 2,447,000 361,000 1,015,900 1,313,020 2,570,000 334,000 2,445,000 219,500 1,293,750 1.922.C00 202,000 Monday Tuesday —. Wednesday Thursday Friday:. —— ,C. Stocks (Number 2,808,000 $20,000 Saturday— Monday. Tuesday Wednesday Thursday Friday. 2,924,000 2,664,500 — 2,124,000 —— Holiday Total 5,375,980 $10,665,000 $1,322,500 •V $20,000 1951 Stocks—No. of shares. 143,425 $20,000 71,000 1951 9,025,990 . 138,961,252 International $1,000 Bank $20,000 Foreign 56,000 76,000 $7,000 139,000 148.000 15,000 2,000 165,000 64,000 2,000 17,000 83,000 $26,000 $551,000 —, Holiday— a. 1,250,560 $335,000 $190,000 1950 , Week Ended March 23 105,422,282 $10,000 33,000 59,000 Total 2,475,800 25,480,200 243,383,800 235,147,700 $12,007,500 $22,454,200 $268,933,000 Jan. 1 to March 23 1950 1951 1950 1,250,560 2,563,580 31,930,431 23,145,138 $499,000 $5,256,000 $9,236,000 190,000 463,000 3.266,000 4,889,000 26,000 62,000 549,000 702,000 $551,000 Domestic 29,841,880 19,944,400 ... $1,024,000 $9,071,000 $14,827,000 Bonds 171,000 1,322,500 " $335,000 $98,200 10,665,000 Railroad & Industrial 118,000 222,100 303,365 - Stocks—No. of shares Government $46,000 325,425 — 1551 S, Total $26,000 47,000 Corporate $12,007,500 — Bonds U. Foreign Government Jan. 1 to March 23 1950 5,375,980 (Par Value) Foreign Domestic 256,245 : — Total Week Ended March 23 Bonds of Shares) Week Ended March 23, 1951 $1,487,000 —. Exchange Daily, Weekly and Yearly United States Foreign Shares Saturday—' Int'l and Miscel. of Monday, March 26, 1951 . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Number . —_ Foreign government Foreign corporate $265,258,780 Total OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MARCH 23 Doston Stock STOCKS Week's Last Range Tel & Tel 100 154% Rights Anaconda Copper & Boston 2i\ 40% — a 2,021 2,126 2li 100 121 25 — Boston & Maine when New Preferred 40% Mar 46"% Jan .38% Jan 44% Feb 122 43% 30 117% Jan 130 Feb 44 2,312 x40% Jan 44 Jan Prop Trust- Gas & Fuel Boston Theatre — 13% 13"% 58 61 510 Assn 80 England Tel & Tel 67 Feb 30 58 Jan 62 Mar 45 37% Jan 49 Jan 19% 19% 34% 34% 34% 235 _ 77% 77% ... _ 1,081 29% 27% 29% 552 73% '—"25 — 70% 14 • • ""—50 Pennsylvania RR Quincy Mining Co Reece Folding Machine 25 50 • Association Webster Inc • Securities com— * Co 5 * - Jan 73% Jan 30% 70% Mar 79% Feb Jan 13% Jan 75% Jan 17% 75 15% Jan 60 99 Jan 29% Jan 37% 36% Jan 158% Mar 39% Ohio 40% 135 39% 43% 44% 223 42% Mar 8% 315 118 g 1/4 __25 8 ' 34% 79 79 79 10 Columbia Gas 34% 25 y - Service $7% 87 88 - Light Federated Dept Stores International 94% 12% Jan 13% 13% 425 50 32% 60 97/a 32% 9% . 12% 207/a 16c 17c 12% 12% 130 11. 9% 20% 20% 100 640 ... 7% 100 17% 22 110 Jan Jan Jan jan 32% Jan 70 49 % Jan 54% Feb 54% 115 new 49% Jan 56 ¥2 Mar 51%, 52% 365 46 Jan 52% Mar 16% 16% 32 14% Jan 47% 47% 47% 11 42% Jan 217/a 35 21% Mar 26% Jan 21% 5 21% 416 21% Mar 25% Jan * Register Central * » 22% Pure RR 33 %c Oil Radio 50 Corp ___• —, Schenley Indus Socony Vacuum 10% 65 10% Jan 12% Jan 48% 33 47J/8 Jan 547/8 Feb 20% 20" 20% 160 16% Jan 20% Mar 35% 347/8 35% 101 34% Mar 41% 27 257/8 27 101 25 y8 Jan 28% Feb' 11% „ 15 _: 10% 487% 11% 11% 50 11% Jan 12% Feb 23 Vb Jan 26% Feb — ^...140 x_. ■ 48%' * » —... • Southern Feb 25c Co Standard j— 5 Brands * Standard Oil (Ky)__.v_____^__- Oil (N 10 J) 23% ., 23% 62 39% 39% 10 37% Jan % 103 % 5 90% Jan 347% 103% 10 a 23% \ — __25 Standard Oil (Ohio)—. 35% 67 103 35 11% Jan Union S. Carbide Steel • (new) 55% 43 12.50 55% 10 42% 43% 190 37 '/a » Westinghouse Elec 127/s Mar 93% Jan 10 19% Jan 25% 1% 1% 1% 1,000 Feb 1% 1 37 VB 8 21% — — 42% 42% 59 21 22% 453 9% 255 9% 1 1 7% 7% 42% Mar 48% Feb 21 26% 9% Jan 8% 9 80c 50 Exchange New York Curb Jan Mar 7 Jan Feb Detroit Stock Ford 1.00 Mar Jan 8% Exchange 16% 16% 16% 144 15% Jan 177/B 227/s 23% 228 19% Jan Street 247/8 8% 65 10 8% Mar 37% 38 295 34% Jan 41 100 33 Jan 41 DETROIT Telephone: WOodward 2-5525 Mar 67% 70% 59% Jan 73% Feb 44% 45 575 44 Jan Jan 55% 49% 54% 55% 145 51% Jan 59 38% Feb 36% 38% 1,316 34% Jan 1,100 : Detroit Stock Exchange Thursday 38% Mar STOCKS Eagle Picher Formica Gibson Week's Sales Last S 5% 75 Low 100 6 Feb ... High Feb 19 583 16% Jan 19% Feb 50% 130 Detroit 45% Jan 56% 35 Feb 373 Detroit 32 Jan 35% Mar 104 Feb Range for Week of Prices Shares __ • "B" 106 4 33 50 101% 101% 5% 57/8 25 207 74% 75 222 14 60 21% 50 41% 27 48% 145 25 5 !_• common For footnotes see page 43. 71% Michigan.... 25% & Jan 3% Feb 4 441 3% Jan 47/a Jan 1 8% ... 10 100% Mar Jan 5% Mar 69% 13% Jan Jan 37% 106 Jan 76% Feb 14% Industries Great Feb Hall Jan Lakes Oil 25 Feb 26% Feb 149 36% Feb 38% Jan Hudson 19% Mar 23% Jan Hurd Lock & Mfg 580 Hoover Ball & Motor 70% Mar 797/8 Jan 11% King-Seeley 14% Jan Kinsel Jan <5z Chemical Hastings Manufacturing 150 13 455 22% Jan 25% Mar 6% 350 6% J an 8% 8% 450 7% Jan 227/a 23% 3,913 22% Jan 6% Jan 8 Jan Jan 30c Feb 5 1 10 — 7 — 25c , - __ Bearing Car 2 .12% _ 5 _ 11% 11% 10 11% Jan 41% 417/s 3 12% Feb 37% Jan Kresge 46 Feb Lakey Foundry & Machine 7% 100 5% Jan 7% Mar 7% 485 6% Jan R _ - _ _ Feb 21% 21% 100 15'/a Jan 22 52 52% 52% 1,895 46% Jan 52% Mar Feb 3% 3J/2 3% 500 3 % 3 Vb 3% 1,037 2% Jan 3% Feb 5% 57/8 300 5% Jan 6% Jan 6% 7% 225 6 Jan 7% Feb 19% 19% 120 19 Jan 20% Mar 18% 19 503 16 Jan 20 47/a 5 200 — . 18% — 27% 1 _ 22c Feb 7 — — 1 — Drug Co (S S) 110 1,700 Feb 9% Mar 7% - — —10 _ — 7 25c 7% 23% 5% .1 . . 325 13 Feb 25% 8% 5 Lamp 37% 1,829 Jan 18 22% * 21 72 . . 367/a 70 7/8 — Manufacturing Graham-Paige Jan 42 51 Jan 18% Jan Feb 24% Feb - General Motors Wood 39% Mar — Gar 21% Mar 48 Steel Gemmer 9% Jan 14 5 1 Feb Jan 16% 25% 25% 1 Jan 8% 535 885 6% Navigation— Brewing 7% 1,000 17% 17 20 Cleveland Detroit-Michigan Stove Gabriel 8% 16% 16% — Friars 33 High 3 3% —- Edison Ale Low 400 4 1 3% —— _ Range Since Jan. 1 High 3 ¥2 * __ _ Low 3% . 106% Mar 106 48 37% of Paper Davidson Bros 20% • _ . Market Consolidated 34% 41% new _ Budd Company Burroughs Adding Machine 1 6 Bear 18% 21% 10 Printing ^ 14 • P & G new common U Range Since Jan. Htgb 33 * Lunkenheimer Randall Shares Big for Week • Art Hobart Kroger Range Brewing 50% io Ins Sales Electric Altes Exchange of Prices "6* 20 Cincinnati Union Stock Yard Allen Week's Low 106 50 Exchange 38% Mar 40% 44% 25 Feb Feb 40% 10 Railway Feb Feb Feb 35 Tel 59% 47% 38% Jan Feb 8% —• 100 Cincinnati Jan 34% Midwest Stock Exchange Building Feb 23% _* Cincinnati 54% 41 % Mar Members New York Stock Electric common_8 % C N O & T P common Feb Jan Jan — 1 Mach 38 Watling, Lerchen & Co. Jan 19 Mill 337/8 Mar 102% Mar 330 207/a Last Preferred 41% 105% Mar Jan 2,141 1007/a Sale Price Cincinnati Feb Feb 10c 1,800 207/a Par Gas & 17% Mar 49% Mar Feb 207/a Thursday Champion Paper 297/s 50% 53%, j Jan 32% Cincinnati Stock Cincinnati Jan 49y8 ^w/ • Par Brummell Feb Mar 11% 52% 5 . Sale Price Beau 14 107/s Mar 21%. ; — Tel & Tel Cash York Pennsylvania Pepsi-Cola U 70% stocks Feb 80% Mar Jan 10%. ,10% 32 38% Jan 83% 13% 32% Mar 69% 10% 7 Feb Jan 0% Mar 15 • Day Power. & 33 44% 51 Jan 102 .. 1 „ . General Electric General Motors __ Jan 7% Feb 33% Jan 10 U S Rubber Co Westingnouse Electric Corp 1497% Jan 82% .12.50 common 16% Mar 59 Feb 32% Mar 107 .14 25 _ Machinery Jan 44%. 3 Chesapeake & Chrysler Corp 13% 154% 155% 10 — Standard Feb 8 — ; 56% Mar 40 327/a —— 83% Jan 24% , 244 14 — • 76% Mar 49% 77% 107 ■.— — Drill Jan 38 7/s 17% — 1 Co 21% 76% 76% —100 2.50 Jan 34% Mar 16 54% —100 _ 18% 80 High 80 - 53% —100 Jan 61% ' Low 16% 14% Mar * 47% 77% 20 Mills 58 Jan 19% 1 New 11% 154% 15% 50 Mfg National 47 54% 5 United Fruit Co Feb Range Since Jan. 1 High Jan 94% 61% — • N Y New Haven & Hartford Shoe 13% 58 -1 England Electric System Elec IO7/8 « Jan 16% lUU American Telephone & Telegraph Avco Shares Low i Anaconda Mining Armco Steel New * Cos North Butte Mining 84 Jan Jan ___ New United 78% Jan —100 — Service Twist 9 8% * Corp Nash-Kelvlnator Union 81 83% ::::i new Chemical Torrlngton Jan 204 • Narragansett Racing & 26 200 * Corp Mergenthaler Linotype new Shawmut Jan • preferred Suburban 24% 9% * Maine Central RR common.. Stone 270 81 — Copper Rexall Drug 25 • Lone Star Cement Pacific Jan 88% —100 Electric National 55% 9% 10 Gillette Safety Razor Co 5% Jan Jan 86%: 100 National Stores Mathieson 18% 46% 9% •» Loew's 16% Mar 85 24% — 35 Associates— new Kennecott Jan 16% !87% Employers Group Assoc First 6% 48% 5 Eastern SS Lines Inc General 6% Jan 10 — preferred B preferred adjustment— 5% 20 American Airlines Cities 16% 25 100 Eastern Mass Street Ry— 6% 1st preferred series A_<: 6% 6% 48% — * Service Common 6% — Calumet & Hecla Eastern Feb for Week Stocks— Curtiss-Wright 100. —. Boston 81 Providence RR Cities Feb 2iS 369 — i Personal Boston 158% Jan RR— issued w Jan 1% 260 121 43% 100 149 7/8 42% Boston Elevated Railway— Stamped $50 paid High 39%i 40% -40 . Albany RR Edison Boston Low * Woolen Sales Range of Prices Par ■>. Unlisted Range Since Jan. 1 High 154% 155% — American : Shares Low Week's Last Sale Price for Week of Prices Par American STOCKS Sales Sale Price V Thursday Exchange Thursday . . 2 10 39 1 ► 6% 1% 39 6% 27% 2 39 6% ■' 100 27/8 3% 24 Jan Jan Jan 4% • 5% 28 200 1% Jan 2 315 36% Jan 39 200 6% Mar 7% Feb Feb Feb Jan Feb Feb Jan Volume 173 Numbefr 4997 ■ $ The Commercial and Financial Chronicle (1303) OTHER STOCK EXCHANGES ' ' ' • ;A I ^ . RANGE FOR WEEK ENDED • , Thursday STOCKS Week's Range Lansing Stamping Masco Screw Michigan Motor Products Motor Wheel Packard Rickel 1 2% (H W) Products & Co ,3'/a 100 2'A Jan 3'A Jan Libby 100 100 28% Jan 28 215 25 'A Jan 28 725 4% Jan 6% Mar 3 Jan 33A 1%' Feb 2,000 1% 100 250 73A Jan 9% Mar Mascot Oil Co Menasco Manufacturing 100 2 Jan 2% Jan Merchants 1% Jan 10 12 12% 340 11% Jan 12% 1 173/4 17 % 173/4 240 123A Jan 17% Mar _:1 4% 4% 5 700 4'A Jan 5% Jan 4ya 414 882 3% Feb 4% Jan Standard Tube class B common. Superior Tool & Die 1 Udylite Corporation >4 . 1 Union Investment 15 States Radiator common..—1 Wayne Screw I. 4 Products— 15 315 Jan 1? 270 7Va Jan Monogram 175 8% Feb 9'A 214 700 1% Jan 2V2 Jan Pictures Power '' Admiral .' '•.' A Corp "■ ' - ' " ■ :: . Week's ...I ... of ]Prices Low £27% LOW a28 40 High Jan 24 34 59% Jan 230 43% Jan 47 American I 16%, 15% 1,345 13% Jan Airlines American Power Radiator American Tel Anaconda Armour Inc & & (Un) Co San Tel Corp Co Ohio Aviation tfenaix 44 44% 11% Corp —13 : — ___ Oil Jan 18% Feb 2b % Mar 28% Feb 348 348 256 1.60 1.65 3 80c 800 * al8% al8% (Un) 1 (Un> Mammoth Cons Cxiica 5 a53 • Co Inc (Un) Corp (Un) Broadway California 1 Inc Corp—T L (Unj Co Ry (J I) Company (Un) i Caterpillar 1 - Tractor Certain-teed and (Un)—_ Co Ry i~: Cities Service Co * Clary Multiplier Corp Columbia Gas ~i Edison Co Consolidated : Consul Aircraft Vultee Continental Motors nrown Zellerbach Curtis A Corp (Un)__ Industries de Products Electric General Foods Oil Corp Jan 5914 Jan 49 49 140 49 Mar 51'4 245 15 Jan 17% Feb a3374 a34 55 38 Feb 3414 Mar 32% 2T**'--. • . 636 71 -• 13 13% 28 Jan 29% Jan 31% 226 21% Jan 760 30 a98% a99 a49% a51% a9 86 3314 Feb 49% Jan 8% 9774 Jan 54 common. 21 % 112 83% Jan 248 44% Mar 12 12% 458 11% 15% 239 13% 62%c62%c 100 50c a23a23% 90 22 52% Corp Co __ of Corp Canada Paper Co _ 18% Corp (Un) see _ (Un) (Un)_ page i 43. < Feb Standard 25c __ 33¥30 < 9% 2.35 all % all % al5al5% 2 2 18% 18% 26 28 a3% a3% 62% 2%c 3%c ; 9% 10 2.40 25 35 a50% a51% 7% , •> __ __ __ 570 21% 25 Feb 21%* 22V'b 1,403 10% 11 475 61% 125 Jan 6 8'A Jan Feb a24% a24% 15 23% Jan 24 % a30% a30% 25 26% Jan 30 V2 Mar a43% a44'/8 43% Mar 46'A a48% a48% 70 47% Jan 54% 20 20% 3,433 16% Jan 21 3% 3% 100 107 902 37 1,566 7% 7% 7% 3% Mar 850 15 - — 80c , — 9% a38% __ ._ . a31% a31%' 80c •*% 38 80c 9% Jan 4'A Jan 48'/a Feb Jan 37% Feb 7 Jan 8% Feb 28 Jan 55c 385 1,985 9% a37% a38% Feb 4%, Feb 20% 1,000 a51% a53% Feb Mar 41% Mar Feb 32 Jan 51 1.00 Feb 57'/a Feb 9 '/a Mar 220 Mar 10'A Jan 35% Jan 12% 12% 270 11% Jan 35% 35% 303 35% Mar 38% Mar 13% Mar 40'A Jan 19 19 19Va 750 17% Jan 19'A Feb 55% 55% 55% 484 52% Jan 57% Feb 68%' 250 63 Max* 82 V4 Jan 66 Mar 66% 68%" 66 66 90 36% 66 38% 2,026 (Un) 15 26% 78 Feb Jan 38% Feb 28% Feb v __ — —' — 20% __ * 66 % * — * — 26% 26% 646 25% Jan 34 34% 1,054 33% Jan 35% Mar 26% __ 2 (Un) 34% 27 461 26 Jan 28% 42 a29a29Vu 31 Va a27% a27% 28% Jan Feb 32 Feb 27% 20 Jan Jail 28% Jan 33 33 227 31% Jan 34% Feb 20% 21 605 15 Jan 23 Feb 11% 11% 381 66% 54% 55 a23% a23% 635 63% Mar 73% Feb 200 51% Jan 60% Feb 51 23% Jan 25% Feb 46% 2,046 65% 11% Jan 63% Jan Jan Webster Inc 160 19% 29% Calif (new) * (Un) „ * (Un) — 45% __ 32% 33 18% 19% 1,967 32 33 44 350 805 a23% a23% 1 Feb 29% 31 200 31 % 92 45 Mar 12% Jan 48 Mar 65 Jan 104% Feb Jan 24% Feb Jan 35% Mar Jan 12% Feb 15% 90c Feb Jan 22 Jan common 1 __ 25 __ 17% Jan 21% Feb 30% Jan 36% Feb 22 Jan 25% Feb Feb Jan Jan Sunray Oil Corporation 4%% preferred B— 5%% preferred class C & Company (Un) Sylvania i. Texas 23% - Jan Electric Prod Company Jan 20 25 — ;—* (Un)__ 29% 25 (Un) Texas Gulf Sulphur Co (Un) * Incorporated common „ .. — 50c * Preferred a21% 21 'A 138 29'A 29% 89 % 37% 24 Va 29% Mar 84 570 89% 95% 36% Mar 785 a33% a34% 95 % < Jan Jan 93% Feb 91% Mar 182 95'A Mar Jan 23'/a Mar Jan 22 a21% a21% 110 21 % 21 '/a 100 18% 20% 32% 16% 25 32% 120 32 16% 1,781 25 145 " Jan 56% Mar 46% Jan Jan Tidewater 52% Mar Oil Assoc Co (Un) 10 74 Feb 56% Jan 2 — 5 World Airlines Inc „ '16% — Mar 37% Jan 16% Jan 20% Jan 23% Jan 27% Jan 11 Va Jan 12 % Feb 21 Jan 24 Va Feb 58% Feb 39% Feb Feb 12% Transamerlca Corporation 48% Feb Trl-Contlnental . Corp Union Carbide Oil Union Pacific Railroad Co Co Carbon & of Calif Jan 239 Feb Jan 17 Feb United Aircraft United Air Corporation 2.10 Jan Jan 20 28 Mar all'/s all% a21% a22 115 180 Corp (Un)_* a55% a55%a557/a 325 35% 688 al01%al01 % 50 (Un) 5 10 (Un) (Del) 35% 25: (Un) Inc — (Un) —1. — 29% — 35 % 27% 10 165 55% Mar 34% Jan »— a.. — 34 % Jan 40 23 % 35% 29% Jan 29% Mar Feb 4% 4% 100 4 Jan 4% Jan 20% 20% 450 20 Jan 22 Va Feb a20% a20% a54%a55% 42% 43% 18% Jan 342 1,988 52 Va Feb Jan a21% 1 (Un) common Corp Lines * (Un) Twentieth Century-Fox Film Jan , , 4% Feb United Gas Corp (Un) United Param't Theatres 68% Mar States United States Rubber Steel Co Jan 5c Mar Universal Consolidated 9% Universal Pictures Jan Feb 125 34% Mar 39% Jan Western Air 100 52% 53% Mar Western Union 18% Mar Westinghouse com (Un) .1 (Un) Oil Co 10 • 10 20% — a55% 43 — 50 21% Feb Jan 58% Feb 41% Mar 47'A Jan; 63 86% Mar Jan 80 80 k 225 10% 10 /a 220 10% Mar 12 Feb 11% 11% 300 11% Mar 13 y2 Feb 14 25% Mar 28 Feb 12 Jan 60 41 Jan 44% 34% Jan 38 V2 Mar Feb 20% 10 Corp 2c 2.75 7% 895 60 12% 143 11% 7% 60 Jan Jan 272 Jan 543 a73" 9% 26 Va 61% Mar 101% 101% a22% a23% 2.20 Mar 16% a70% 21% Mar a59% a60% 17% Mar 16% al6% al6% Jan 25 . Warner West -35 __ Feb 23% 25 Jan 4 1,000 Feb 23% (Un) Jan 62% Mar 500 2.35 al7% al7% Jan Jan (Un) & Feb 5IV2 4% (Ind) Stone Jan 53 % Mar 9% (N J) . 60 104 45% Mar 20 43% 0 Inc of Mar 28% Jan • — Brands % Mar 28 Jan Co 18% 3,000 a50% 'a50% 7% Co 16 150 1,610 Oil Jan 1.85 Mar 60 62% 9% Oil Jan 14% 225, 9 "102% Mar Oil Co Jan 11% Jan 2,174 15 Standard Jan 185 250 Jan 85 Standard 66% 115 Mar 50 690 Standard 44 222 55 60 Jan 49 75 205 a51% 7.50 „5 46% 10 __ (Un)_* 8.75 49% 246 a51%a51% 57% Jan 48% 44% Mar 110 a72% a73% Mar Mar 23% Jan 90% Mar 20% Mar 2,781 27 Mar __ 25 United — 1 Corp County Land Co. For footnotes 1 • Corp Copper __ * Ltd 52% 27% Mar 190 7 __ preferred 25 4.88% cumulative preferred.: 25 Southern Calif Gas Co 6% cl A pfd—25 United __ 10 (Un). 51% 202 ;—100 (Un) 65 100 27 12% __ convertible Union ,r_ —12.50 —„ 550 a44% a44% a73% 1 (Un) 54% 27% a3% Trans ——8 Co 54% 27% 33 preferred Swift a44% a45% __ 34% Mar 42% 4.48% Textron 6.66% RR 108 Jan 89% 44% of California class A_* ... 14 89% 245 19 % Mar Jan A Mar 10% Mar 25 Studebaker Corporation 44% * Car Co Jan 15% —5 _* 9% 93% Mar 22 Jan 32 Va 70,244 a3% preferred Co 86 22 16% 5,633 % 401 20% 5 Pacific Company Railway Company __ , 100 32 Va 32 1,236 • ... Southern — _L Feb Jan 37 4.32% Feb "Jj. 32% 48 V2 6% a44% _5 B Southern 26% a21 Jan 46*/4 Mar • Southern 25% a21 31 % "30 Feb Jan 1 Feb 60 __ 64 • "• 42% Co Jan a25%a25% 1 Finance Jan a25% ' 2.10 __ 1.40 2114 12 a95%a95% Jan 11% 5 (Un)— 11% 10% Mar —10 Co Southern Calif Petroleum Corp 25 — 1.70 11 1 Industries 9% Mar 97% 192 4,900 a24% * 17% Mar : - 1.80 61% 1 Socony-Vacuum Oil Co Inc Feb 28% 18% 15% Mar 6% — Southern Calif Edison Co Ltd com—25 Jan 30% a9% 1 Co Class Feb 75 a9 , Feb 240 1774 37% Jan 1 Co .Signal Oil & Gas Co class A 9014 Mar 3131% — Jan 13% 80% Mar Jan a29'A a29% 28% _tt Paper 4.56% 33 — a9% Jan 84 - 32 % 1,700 • Corporation Sears Roebuck & Company Feb 600 ~ 45 15%. — * 1 Sinclair Oil Corp Jan 26Ys al3% al3% 31% Regis 'Seaboard Jan 1714 50 A Power & Light Co Kpnnerott 5914 26% Co (Un)——* (Un) Co Petroleum Kaiser-Frazer 96 Feb Jan __ 50c ... j Feb 5 Corp.— Tel 4 Feb • Iron & ' 19% 2.50 Oil Oil Schenley 6 „——4 Development Co Ltd Independent Exploration Co... Tel St 26 L5 Imperial Nickel Jan Feb Jan 50c Inc International 58 29'A Jan • Central Tntercoast Jan Jan 4% (Un) Corporation Interlake 58 22 " (Un) Safeway Stores Inc.— 85 A" , .. 6% , 1 Ryan Aeronautical Company 935 1914 LI Ranch 2614 . 362 (Un) Co Motor Foods Mar 300 2 Development Hudson 31 (Un) Corp Mfg Co Rice a9 — class Rheem Richfield 5% Co F) Hotels Jan 18% Mar a52%a53'/B 9^ • Drug Inc Feb al074 al074 — Corp Rexall Jan 2174 — Pictures 1114 5% Goodyear Tire & Rubber Co common.* Great Northern Ry Co (Un) pfd—• Greyhound Corp. (Un) 3 Hancock 24% Incorporated (Un)..: Company (Un) Corp of America (Un) Oil 18% Jan 21% Corp Motors (B - al074 Phonograph Co Ltd General Goodrich 9% Mar 16 Feb 25 102% 102% • Republic Steel Corporation (Un) "Reserve Oil & Gas Company Feb 69 5% 5 Corporation General ' (Un)-.l Co_'_ & Co..1 Power & Light Garrett Jan -1 • Inc Nemours Kodak Emerson Radio & Florida Feb 1 duPont Exeter Oil 7% Jan 65% " 100 a57!4 a5714 ' 60 „ 3 Republic Pictures Corp Feb Feb 78 <Un)_.a9 common — Dresser Electrical .5 189 Jan 9% 53% a86% a877/8 1 Douglas Aircraft Co Inc Eastman 875 4C Jan Jan a77%a79'/a 5 (The) Co Corp Corp Puget Sound Pulp & Timber Co RKO a79 <Un)—LI (Un) (Del) Publishing Ourtlss-Wright Class Corp Corp Continental Oil Co Philco 15'A 6% 19 8c 27 • Feb 15% Mar ' • * 3c 369 a45% a45% 25 Radio 7% Mar 15,800 16 a31%a313A 33%c Pure 42 26c Feb 23c 1.75 — 50 Feb a8774 (Un)J-* Engineering Corp. Pennsylvania RR Co (Un) Pepsi-Cola Co (Un). Phelps Dodge Corp (Un) Jan 100 Jan 13% 1.80 1 11% 25% __ (Un)—_—25 Consolidated Edison Co of N Y (Un) 500 160 26% a33% a33% __ 15% (Un)__l Pullman 17% System Inc (Un)__—^ Commonwealth Airways Jan 2174 20"■ 4v; i.__1 . World Jan 1,000 21 % Mar Mar 10 — American Feb 9 Feb 140 al8% al8% __ 1 1% 3'Ac 29 20c * 59% 46% 11% Jan 15% __ • 59% 123/f Jan 27 20c __10 div Jan 10 Va 145 a21% a21% 25 Company Lighting Corp common a60% a61% Colorado Fuel & Iron Corp common—_• .: Pan Mar 9 50 Feb 28 % 27% a21% .25 Jan a2914 a29% __ . 25 (Un) — Jan 350 (Un)__25 Co 50c Feb 51% Mar 1,467 Corp'—.—'.1 Ohio redeemable preferred redeemable A preferred 1% 954 + alO'A al0% __ 19% 50'/a 17'/a -* al0% 19% 100 175 a68'/a a697/a — ■ 22% 32% 336 6'/a 26 Jan 3S2 1% 9 __ 51% Mar 19 — a53 914 25 Chrysler Corp Preferred Jan 16%, * )'*•'. ' • r Products Cuesapeake 17c 914 25 — Jan 110 Pacific Western Oil Corp common——10 Packard Motor Car Co (Un)_. * Feb 3%c — 42 a20% a20% 8 common— Feb 23% Mar i* preferred— Pacific Petroleums Ltd Feb 23% 12 a69% -* Packing Pacific t 4% Jan 6'/a 10 Co * Auadtan Feb 17% 1714 Jackson Byron 3% 120 7% 2% 73% 19% $4.40 Jan 205 1,080 Jan Jan 32'A Pacific 12% Jan 8% Mar 4 2,400 Feb 2% a20% * Pacific Indemnity Jan 7% 19% Jan Jan 46% 5 Store Jan 15% 9 Department Feb 24% 45c Jan 21% (Un)_100 Feb 51 42%:Mar 7% Feb 18% 300 2% 25 & Jan 1.15 65 1 ... Feb 4 Jan 60 23 % 10 Gas 2.00 70c 100 1 Company (Un) Company (Un) Mar 100 10 Co Jan 2% Mar 349 177 1 a52% 3'Ac (Un) Co 44% Jan 12 % 2 (Un) Jan 10% Feb 21% • "■ 90c Feb a67% a69% __ * Inc Jan 42% a49% a51% a€9% (Un)__* — a54% a55 'A —15 Corporation— 39 2% 23% __ * 1% Mining Co..._10c Budd 157% Mar 19% 7%" •a54% •' (Un)_^ Borg-Warner Corp 15% Mar Jan 12% Mar (Un) _50c Corporation Oil Jan 1,373 45c —-2 Diamond Feb 12% 274 al8% Corp of Calif 5% 140 7% 344 2,550 75c Elec 5% a21 '/a 1122% 10 35 % Mar 800 2% Co Rights Feb 100 —11 250 3 Pacific Mar . 13% "14 _20c (Un) 16 a20Va a20% a20% ...1 Bishop Oil Co. Kern ley* 410 36 1.60 Paramount Pictures Inc 13% (Un)__— .100 i_ '/a, . 20% 400 '8 L 150% • 435 8% Bengueti Consolidated Mining Boeing Airplane Co 995 11% (Un) Corp 550 1,226 11% Consolidated Bethlehem Steel Corp 15% 43% Calif—! of 20% al54% al55% £39% a40% ...3 Barker Bros Corporation Co ' 154% -.10 ; Bandini Petroleum Co— Basin Oil a a40'A (Un) RR Co Barnhart-Morrow 20% 14%' , (Un) Baldwin-Lima-Hamilton & 20 % 16% (Un) -.30 Co Manufacturing Corp Baltimore •> (Un) (Un) (111) " (Un)...—I100 Co Copper Mining & , Light Co (Un). St & Steel Armco Kansas 725 27 'A 1 Edison 65% Mar 44%" 44% IntT 17 27 Pacific Finance Feb 29% a63% a63% Inter 16% 1 Prod Aircraft Ohio Range Since Jan. 1 44% Hlinois 36 16% —1 Oil Feb 27% 1 Central. RR Ohio Shares High • Hunt Feb Corp Co Distillers York Oceanic * Hupp 1.20 5 Northrop Sales Chemical & Dye Corp Allls-Chalmers Mfg Co (Un) Holly Jan Co North American Co (Un) Northern Pacific Railway for Week Par Allied Hilton 97 %c 3 National Angeles Stock Exchange Last Case 300 Nash-Kelvinator Corp (Un)___. National City Lines Inc Jan Sale Price ' Bol.sa 1 Inc Utilities Montgomery Ward & 7% Mar 8% 2 214 7% 8% __ Thursday Black Feb 97%c 1 36 15% Mar 7% __ 1 ; Los Blue 10% 100 Corporation Limited North Amer Aviation Inc (Un) Avco Jan 20 Co Nordon Amer 8% Company Petroleum South Montana New - 41% 141 Motorola Inc United ' Jan 9% Jan Jan common 12 34% 9% 1 • Los Angeles Investment Co 2 1% High 340 10c 9 2" Manufacturing Sheller Low 39 7 1U11) Lockheed Aircraft Corp Loew's Inc (Un) Los Angels Biltmore Hotel Mar Range Since Jan. 1 High 39 * 6'A *9 - 8% 8'A Mar Middle Bcotten-Dillon Low Shares 3% Mar Va 3% * __ Sales for Week 1 McNeil & Llbby Lincoln Petroleum Co 29'A Mar < 6 1 _— Lane-Wells Company 8% _5 . Feb 3% 2 Paper 2% 28 1. Manufacturing Jan 29'A Range of Prices Par 2'A 8% __ Raisin High 100 __ • Rudy Low 2% 29'A * 5 — River High Week's " L.ast Sale Price 2% AO — Metal Thursday STOCKS Range Since Jan. 1 '3 Va 1_L—.10 preferred Motor Car Peninsular Shares Low Products Sugar for Week of Prices Cast Sale Price Par MARCH 23 Sales 87 125 456 13% 7 Jan Jan Mar Co Inc Pictures Bros Inc Kentucky Coal Co Lines Tel Elec (Un). Corp 8% Jan Willys-Overland Jan Woolworth 77% Feb 66 Feb Zenda Gold Mining Co. Zenith Radio Corp (Un) 58% Jan Motors W) Co — .-5 11% Inc (Un) 4 — 14% * (Un) 16% (F 1 1 (Un) Co Feb - (Un) Inc 75% Jan 16% (Un) (Un) 12.50 1 10 10c • — 38% — a45% 13c — a26% a26% 13% 14% a42% a43% 36% 38 /a °a9% a9% a45% a45% He 15c a66% a66% •* 2,953 63 269 60,800 85 10 44 8c 54 Mar 14% Mar 12 Feb Jan Jan 45% Jan Jan 15c Mar Jan 67'A Feb 35 «S (1304) The Commercial and Financial Chronicle . . . MondayrMarch 26, 1951 OTHER STOCK EXCHANGES RANGE FOR WFEK ENDED MARCH 23 Thursday STOCKS Week's Sales Last DAYTON & GERNON CHICAGO 3. ILL. Brick Co SECURITIES Midwest Stock Exchange Week's of Prices Shares Admiral Advanced Lowv 800 29% 100 27% Jan 1 33% Jan — 27% 28% 400 23% 29 Feb 73/4 250 11% 1,200 4% 700 5 1 American Airlines American Invest American Had Tel (Un) So Tel 35% 37 42 Mar 7 Jan Jan 9 8% - Jan 3% 1,850 45% Feb Feb Feb 11'A Mar 4% 35% Mar 40% Jan Feb 16 15% 16% 4,000 13 Jan 16% Mar 19% 19% 19% 200 18 Jan 19 % Mar (Un)_.• 15 % 15 15 ya 2,400 100 154% 154% 155% 2% 2% 800 * San Co 4 35% _1 (111) Stand 10% 4 • Co So 11% 1 Laboratories 7%. — - Rights 50 8% Jan 11% Jan 100 28% 55'A 400 53 % Mar 61% Feb 40% 350 39 Jan 41 Jan — 34% 35 600 32% Jan 37% Feb 27'A 26% 27y2 800 26 Mar. 28% Mar — 13% 13% 200 12% Jan 14% Jan 800 Harvester Minerals So Packers, Ltd Tel Illinois Gas Power So Tel & Chemical (Un) • Shinkle So Power So 16% 12% Jan 150 30 % Copper Mining (Un) Armour & Ashland Athey Co Oil (111) & Products (Un) Washer 15% Mar :/ Jan 158 % Feb Co 16% 17% • — 26 y2 26% 100 25% — 2iya 21% 450 Aviation La Salle (E Canadian So , 9% 900 25 31% Jan 24'/2 700* 24% Mar 26 Jan 10 200 9%: Mar 13 21'A 22 " ""450 17ya 17 18 2,200 Co 20% 6'/2 Iron 6% 6% 43 V2 4'/2 4'/2 900 4 4% 4% 200 52 5 16% 16% 7% 7% 16'A 16JA Sessions Co. Leath So Co Libby .—10 • common McNeil & — Libby Lincoln Printing Co common .7 —- 1 — Lindsay Lt & Chem * — common 9% Co 500 7 400 15 14% Jan 8%. Jan Consumers 21% 100 19 78 150 63 6% McKee (Arthur G) class B— Portland Cement' Col Medusa Metropolitan Meyer Blanke Feb 400 49 Ve Jan 60 Jan 16% 150 14 »A Jan 17 Mar 52 - Feb Middle South General Motors General 50 51% Jan 53% Mar 17% 1,100 16% Jan 18% 50 18% Jan 20 Feb 13% 13% 400 12% Jan 15% Feb 25% 26 Va 400 21% Jan 29% Modine 3% 50 14% 500 3% Jan 13% Jan 15% Mar 34 200 32% 35 3% 34 Va * 14% 34 14% — — 27'A 3Va 150 34 34 Va 500 27 % 2 33 5% Jan Jan 3% Mar 38% ; Jan Feb Feb 27% 1,400 22% Jan 10 91 Jan 101 35 115 Jan 115% Jan Feb 78% 78% 791/4 200 69% Jan 23 80% Mar 231/4 900 23 25% Feb Jan 88' 88 88 % 200 87 Jan 90 45% 45% 100 42% Jan 33 46% Jan 331/4 200 30% Jan 33% Mar 29 — — 29% 29% 50 Feb 31 Bros Cooperage class Greyhound Corp (Un) 131/0 133/4 800 12% Jan 14 Mar 29% 29% 29% 1 3,100 18% 17% 18% 500 45 27% Jan 17% Jan 45 21 49 36 30% Feb 49 Mar 33% 10% 3 33% 33% 900 31 36»/a — 36% 150 32% Jan 40 Instrument Co Corp Heileman (G) Brewing Co Heln-Werner Corp Hlbbard Spencer Bartlett Hupp Corporation Huttig Sash & Door common preferred For footnotes see page 43. 800 6% 20 — 18% 18% 18% 32 33 20 36 Jan 391/4 Feb 38% 6 Jan 18 Feb „ 20 120 10 9% 450 9% Mar 1,900 18'A Mar 44 Feb Mar 43 Jan 7% 20 Feb .Mar 10% Jan 19% Mar , * 33 common. 1 — 5% 5% 600 51/4 Mar 6% Jan 1 — 16J/2 16% 350 16% Mar 17% Jan 25 27 26 y2 27 150 23 y2 Jan 28% Mar * 38 38 38 50 36% Jan 38y2 Mar 36 36 20 28% Jan 36 68 Vz 68 V2 100 64% Jan 74% Feb 22 22 20 Feb 23 Jan 1—, — preference-" 150 32 Feb 35 Jan Muter class A * 1 — Mar * '?$'■ 50 Company National 1, _. Nash-Kelvinator 50c Corp (Un) C6— 10* Tpf ,(Un) 9 •* Standard North American AV'iation (Un) North American Car North American 9% 850 7% Jan 9% Mar 20%. 20% 300 18 % Jan 22% Feb 36»A 35% 36>/4 ' 200 32 — 21% 21% 400 21 16" 1 ; Corp.. 16J/a 16 V2 16 % 100 18% 10 15% — 10 Co—— 8% 20% 5 18% 18% 1,700 1,100 Jan 36% Mar Mar. , 261% Jan 15% Mar 16 Mar 17% Jan 19 '-'"Feb 18% Feb 19 Illinois Corp * — .9 9 50 9 Jan Jan 9% Feb Northern States Power 10'A lO'A 10% Northwest 33% 33 Va 34 14% 14% 15% 3,550 13% Jan 2*A 6,20o 1% Jan 30% Jan 32% Jan 45 49% Feb (Minn) (Un)___* Bancorporation —* 6,900 Oak Mfg Co -1 purchase Ohio Edison Ohio Oil warrants.- —. Co* " 21/* 9" 1% 500 10 • 32 31% 32 45% (Un) 45 45% 300 500 291/4 Feb 10% Mar Jan 34 Mar Mar l&y» Jan 3% Jan (Un) Pan American World Paramount Pictures • 6 6 6% 2,300 11% 10% 11% 600 10% Mar 12% Feb — Airways (Un)_2% (Un) 1 23% 23% 100 21% Jan 25% 24 24V2 200 22% 24% Mar 4% Jan 6% Mar Patterson-Sargent Co. Peabody Coal Co- common 5% conv prior preferred * — — 5 . 8% 8V2 2,400- 9 Jan ay2 Mar Feb 10% 10% 500 10% Mar 12 ya Jan 8% — 34% Mar 300 7% Jan 9% Mar — 11 liy4 350 5 10 Va Jan — 33% 12 V* 33% 100 31 Jan 35% Mar — 4% 43^ 350 — 84% 861/4 300 18'/2 19 90 90 lO'A Jan 44% 20% 135 Jan 700 19% Jan 92% 15% 12 — 100 12 Mar 91% Mar. 48% 145 Jan 73/4 8 850 2% 2% 2% Jan Mar 11% 16% ' Feb, 13 Jan 7% Mar Jan 2,900 2% Jan 3% Feb. 17 17 53% 54i/a 700 49% Jan 8% 56% Mar 8% 300 8 Mar 8% Mar 521/4 ser A-10 513: — 18% 10 y4 • — 22 Mar 25% Jan x21% 21% 1,000 2iy» Mar 26% Jan Xll9y4xll9y4 100 115 Jan 125% Feb 33yao 11 10% 11% 700 9% Jan 12% Jan Public Service of Indiana common Pure Oil Co- (Un) • 29 29 29 % 500 27% Jan • 48% 48 48% 400 46% Jan 54% Feb Quaker Oats Co 5 37'A 37% 200 34 Jan 47v Radio 4,800 16% Jan 21 14% Jan — 18% 50 531/4 14 3,000 19 46% Jan 500 17 * 10% 10% 27% 28 v± Jan 900 Jan 9% Jan 400 24% Jan , 30 - Feb Feb Corp ot America (Un) Remington Rand (Un) Republic Steel Corp (Un) • 20% 19% 20% 50c 17% 17% 17% 100 43 42% 43% 1,700 Rexall Drug (Un) 2% 71/. 7% 500 7 Jan 43 43 % 200 41 Jan 43% Mar 43% 8% 43!/2 105 42% Jan 44% 8% 1.500 71/4 Jan 10 Feb 40'A 42% Jan 44 Mar * Mar Richman Bros St Louis National, Stockyard St Louis Public Service A Co 7%. • com — • • 8% 41% Mar 18% Mar 49% Feb 8% Feb Sangamo Electric Co.. Schenley Industries _* —1.40 & 42 Feb '•/ . . 400 36 35 35% 850 35 Mar 16% 15% 16'A 200 12 Jan 17 56 55 Va 56 900 51% Jan 57% Feb 15Va 15% 150 131/4 Jan 16% Feb A. Jan 9% Va 54 3,500 24%. Feb 14% Jan 50 7% • 100 22% Feb 19 . 44% Mar 119% Jan 15 21% Jan 82 y2 350 135 21% Peoples Gas Light & Coke Pepsi-Cola Co (Un) 21% 22 Feb 5% Jan 15% 300 441/4 135 4% Jan 79 y« 300 88'A — 50 Pennsylvania RR 22 ' 8% 10 1 25 Feb Jan 17 Schwitzer-Cummins Roebuck Serrick & Co —1 Co- Corp class B • common 1 r.\- 15% 41% Jan Mar Mar Shellmar Prod. Corp. Strapping Corp • Signode Steel • Sinclair Oil • 34% 20 — 35 34 1,800 26% Jan 38 Mar 20 20 300 17 Jan Si Feb 36% 38% 900 34'A Jan 39% Feb 52% Mar 19% Mar 11% 30% Feb Feb 34% 3ig gg 250 28 y2 Jan 36% Feb 11% 11% 12% 300 31/2 10% Jan 3% 3% 12% Jan 700 2% Jan 4% Feb 13 Feb Society Brand. Clothes Inc Socony Vacuum Oil (Un) 1 15 South Bend Lathe Works 5 6'/a- 6ya 10o 6 Jan 6% Jan 26 27 3,600 25% Jan 28% Feb — 24% 25% 100 21 y4 Jan 28% Jan 11% 11% 11% 1,700 — 27 Feb 19% • Hallicrafters Co 6'/2 6% 15 Feb 29% Mar l A 32 »A Mar Jan — —• Great Lakes Dredge So Dock 3% Mar Jan Feb 45% • Gray Drug Stores Feb - Mar 29% 23 y* B (W H)-„„ 3 300 • Inc Supply c Mfg Co.. Northern 115% 115J/2 — 1 Graham-Paige Corp (Un) Mar Feb 100 y4 100 V* — a new- 41% * Montgomery Ward & Co— Muskegon Motor Specialties— Sears Refrigerator Co Gillette Safety Razor Co Glidden Co (Un) Harnischfeger t v Feb 3%' — 1 Corp 80 Jan 19% 5 Public Utilities Hammond Utilities Midwest Piping So Conv 17 13% 5 (Un) General Finance Corp 5% pfd Feb Jan 31% Mar 44 40 1 Minneapolis Brewing Co 19% — 10 Co »■ 400 33% 44 40 4 Missouri Portland Cement " General Box Corporation General Candy Corp 19% Mar 10% Feb 23 30% — — 8 17% ^ Mills of America Inc i Jan 200 * Products Jan — • Four-Wheel Drive Auto Gossard Co Co 4JA 70% <• Brewing Corp. 33% — 2,100 " :_* Brick Inc.. 3,300 Jan 10 Railroad Electric Co 7% 55 60% 52 1 (Un) 171/4. Feb - Feb 100 69 52 Dow Kodak & Feb 69 — Chemical Co 13 Du Mont Lab Inc (Allen B) class A.10C tfu Pont (E I) de Nemours (Un) 3 5% * Field 1% 17% Mar • Eddy Paper Corp (The) Feb 7% Mar 12% Mar 20 (Un) .Domestic Finance Corp class A Greif 3% 32% 59% Jan 50 Detroit So Cleveland Nav (Un) Dodge Manufacturing Corp Doehler-Jarvis Corp Gibson 3% 32% Jan 23 of America Curtlss-Wright Corp . 3% 1% * Power Container Corp Jan 17% 15%- Jan 21% 32'A 51% Mar 5 (Un) Feb 5% Jan/ 100 "500 9%. Jan 4% Jan/ 1 Packard Motor Car preferred 7% 43% Mar - Jan 700 76 • Jan 7% • 100 1 , Consumers 35% 16%, Lonergan Mfg class B. Louisville Gas & Elec (Ky) 300 Jan * Commonwealth Edison Consolidated Vultee Aircraft 5'A: Jan 10o ' 17 So (Un) 1% 1 (Un) 200 16'/2 17 Lamson Co 52% 20% Mar 15 y« 100 (The) Co Inc 18 "Mar 4%'Mar. 4 Gas Jan 10 Va * common Feb 22% Jan Jan 43 V2 Laclede-Christy Co 17% 25 Cliffs Jan 14% — Laclede 700 550 • preferred 2*> " .- Mar 3,300 5 preferred Columbia Gas System General 8% Mar 50 17% • common Mar — University Jan 12'/2 1 Cleveland Elec Ilium Co Flour Jan 16% 10 Corp Jan 7% Feb 26% 21% 1 37 12ya 25 Clinton Foods Inc £ Falstaff 7% 50 17% • Corp Cleveland Erie 2,800 \ 12% 12.50 Co Jan 24% — Stock Chrysler Eastman 8% 19% xl6% 25 Coleman 8% — Chesapeake & Ohio (Un) Chicago Milw St Paul & Pac Ry 4'/a % Jan * West *6% Jan 3ya 53% 1 Towel 6V2 Jan 1% Feb 8% 100 5 Light 115""" >9%. 24 V2 5 New York Central Secur Convertible 900 2 — Corp common Chicago 7% 10 (Un) South Illinois 111 Feb 46 7% 23y2 26% ■— • 7%" 10 Monroe Chemical Co $3.50 Carr-Consolidated Biscuit Central Jan 32% 5 J) Pacific Central 12% Jan ___1 common Central Feb 27% * Co (Un) Burton-Dixie Corp Bros 10% 100 1% ' 27% Jan Jan 2,100 46 lp 1 , Bucld Butler 5iy» 7% v I8.1/4 Mar Jan "* 71A — 10 Light 13% Jan 33y2c Extension Miller & Hart (Un) Corp Sons Feb 11% 52% 5 Fisheries Corp (George W) Corp. & Feb 44% 29% 20% 10 Bethlehem Steel Corp (Un) Binks Manufacturing Co.. Brach 212 Jan 2 8% — 30% Mar .. 21% Mar - Shoe—* * Knapp Monarch Co Koppers Co Inc Kropp Forge Co Mickelberry's Food Co Borg Borg-Warner Jan 39% 42% Mar 10% 7% 3 1% 500 ... 29% — ___• Benguet Consol Mining Co Berghoff Brewing Corp Booth 11% — 3 Eastian-Blessing Co Bendix 200 400 40"% 44% 5 Corp—.. Mfg 39% 44 common Avco Belden — 44% Refining Co common..1 Corp —.4 Automatic Mfg 50 10 Feb 10 (Un) So Laughlin Steel Corp City 5 15 Elec (Un) St Light Stephens • 30y2 Marshall — Anaconda Armco Steel Co Feb High 43% Alum American High 29% Castings Equipment Alleghany Corp (Un)_ Allied Range Since Jan, 1 42% Gas 10% 54% Drug Co J 1 Keliey Island Lime & Transport • Kellogg Switchboard So Supply com—* — Corp Affiliated Low % Feb 10% 40% Kansas for Week 43 20. Katz Range 5 1 Jan 54% Jones 10- — 18'A 40% Johnson Sales , Last Co 100 — International compilation of the round-lot transactions only. Par Laboratories 19% * Co International EAU CLAIRE Sale Price Steel 13 19'A • Steamship International Acme Jan 19 JA • Co. Steel Iowa Abbott 10 — Products Iowa STOCKS 450 1 Steel International LaCROSSE Thursday High 12 Inland Chicago Board of Trade MIDWESTERN LISTED AND UNLISTED A Low 11% * Interlake , Range Since Jan. 1 High 12 Indianapolis Power & Light Midwest Stock Exchange "J Low 10 Indiana Members: MADISON Shares Independent Pneumatic Tool Telephone Central 6-0780 MINNEAPOLIS for Week of Prices Par Illinois 10S SO. LA SALLE ST. Range Sale Price ii7/8 11% lv/a • 17 y2 300 17 ya 17 y2 200 11% Jan 15% Jan 17% is 800 ny8 13% Jan 113/8 19% Feb 2,100 11 Jan 12% Jan 2,200 Jan 8% 20% • 3 — , 11% 1 8% 8% 8% 1 191/4 191/. 101/, 10 1 3 25 n — 1 5 100 200 32% 26% 32% 26% — 19% Jan 50 26'A 900 jq% 11 42 28 Vu 26 600 40y2 309 334 — 7% 33/4 100 27'A 27% 50 105 105 25 9 38% - Jan Jan 105 Co Spiegel Co — Inc 21 21 ya 19% Jan 21% Mar __ 66 66 1,000 66 Jan 74% 13 12% 13 300 12 Jan 14% Feb 15% Jan 16% Feb 25 60y» Standard Oil 25 Feb 102% Standard Oil Co 34% Feb Standard 27% Feb Sterling 8tone Studebaker 4% 105 Container Jan Feb Sunbeam (Un) (Ohio): common Spring (Un) Aluminum Feb 27V* Mar (N J) Steel Feb Corp Products 16 % — 16 ya 16'A 100 10 10 V* 200 59% 101 9% Mar 60% 400 59% Mar 102% 200 90% Jan Feb 13% Feb 66 Feb 105% Mar 10 35 35 35 500 33% Mar 38 I — 23% 23% 100 22 Jan 24% Feb 14 Mar 5 Tool 15% 300 15% Jan 10 % 10 % 10% 1,450 9% Jan 12 Jan 1 32% 32% 32% 400 28% Jan 35% Mar 52 52 53 500 421/4 Jan 53% Feb 17'A 18'A 600 17% Mar 19 5 14% Feb • (Un) Machine l • 300 1 Corp Corp Sundstrand 12% Jan — Feb 11% 11V* Jan * • Standard Forgings Corp Standard Gas So Electric Standard Oil of Indiana 44% Feb Gas So Elec 2 Pacific Jan Feb 5 Southern Indiana Southern Jan 3% Mar 23% Southern Feb .Voliirfte 173 Number 4997 . . (1305) The Commercial and Financial Chronicle . , £7 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MARCH 23 STOCKS Last Range of Prices Shares Par Low 1 19% Texas Co Texas Utilities (The)_ 18% 19% 2,500 17 34 34% 600 34 89 89% 300 84% 25% 26% 600 — Co * common 26 — Jan Jan 94 Va 25% Mar 27% 12% Jan 16 Jan 25 Factors & Amer Mai- Radiator American —1 CO- Ltd & Tel Stan Tel <Sc — San • (Un)__ Trane Co (The) World Trav-ler Union 2 Airlines Radio Carbide United U S 25% 1 300 4 4% 55% 1,100 29% 27% 29% 1 20% 20% 20% 100 18% Jan 22 Va Archer-Daniels-Midland Feb 43 42 y* 43 y8 2,400 41% Mar 47% Jan com _ Iron Dorn Warner Bros * Works Pictures Westinghouse 11% 11 y8 700 10% Mar 12 Armour Feb 11% 11% 100 11% Mar 13% Feb 38% 36% 38% 1,700 34% 38%- Mai- ~5 (Un) Electric .12% Corp 11% Jan Atlas 10 v» • 12% 12% 2 15 15 1 Wisconsin Woodall Bankshares Industries Inc 9% & 50 12% Feb 14% Jan 200 13% Jan 15% Co (111) Feb Last Range Shares Par American * Stores American Tel & Arundel Ohio RR Aviation & Power 163 4% Jan 5% 2% Mar 4% 17% 737 16% Jan 18% 79% 1,333 68% Jan 9 Jan 160 40% Jan 45% 2,848 46 Jan «'i:, Transportation Participating Co 10 10% preferred : 13 20 % Mar 342 12% 21V* __10 ; 54'A 24% Feb Mar 11% 12% 22 53% 24% 3,223 21 55% . 15% Jan $1.{0 div preference Heading Co Paper Scranton-Spring ; United - -•-United . Water 3%s conv ; Jan 29% Mar 17 17% 320 14% Jan 18 62 59% 62 795 56% Jan 65% Mar 5 • 25 common (Un) 190 a25% a26y» a25% a 48 103% a 5 103% Iron (Un) (Un) Edison 13 Feb 13% Feb a24y2 a25% 245 24 y2 Jan a29% a297/8 160 28 ya Jan 28% 312 51 y2 Jan 65 Mar 9 Mar Feb 48% Feb 48% Feb 17% Jan 21 9y2 112 Creameries Crown Feb 758 ; 41% 47% Jan 13% Mar OH Co (Del) Jan 4% Zellerbach Corp 29% Feb y« a99 '/a 25 12% 12 % 300 5 49 % 51JA 994 102% 102% 151 a 99 5 common * Publishing D1 (Un) Co * 121% Jan Jan 117% 25 25 100 100 20 5 580 36% 36% 88% 88 7/a —5 88% 88% common':(Un)_ -10 44% — 53% Mar 57% * (Un) lis common — 88% Feb Kodak Eastman Jan El Paso Natural • Share (Un)——5 Co Range Since Jan. 1 Products Kleiser & pfd (Un) pr Light & Power High 10% v 39% Mar '• 17% Mar ' 9% -Feb 50 - 47% 13% 10% 21 %- 20% 21% '•>' - Jan 20 Va Jan 22% Feb Jan 13% Feb 25% Mai* 32% Feb Jan 34% Feb 12 % 12% 28% 30% 177 32% 32% 32 V« 26 26 26% 10% 65 11% Mar ' 70 31% -10 ■17% ^National Flreproofing Corp-i.——. .—.5 '-4% - 4% 20 12% * -1,400 14% Jan 19% 9 11% Feb 10 27 Mar 27»/2 Feb 25 20 Va Jan 22% Jab 53% 195 51% Jan 56% Jan 106 106 46 Jan 106% Jan 34% 6 6 397 50 5% Greyhound Corp Jan 56% Mar lA Feb 48 Jan 52% Mar 14 445 liy2 Jan 14% Feb 16 228 15 Jan 16% Feb a28'/a a28% 120 26 Jan 28 13% - Feb Holly Co (Un) Oil Hunt a71% a73ya a3'/a 50 49% 158 11% 11% 491 Foods Inc 11% ————1 • Jsttt 47% Feb 75% Mat Jan 2% Jan 4ya 49% Jan 57 % Feb 11 Jan 12 Va Jan 204 Mar 204 204 Va 100 225/b 22% 340 20% 15% 100 210 15 y2 Mar 24 167/a Jan 9 Feb Mar Feb Feb Jan a58% a58% 115 7% Mar 56" 6 Jan 66% Jan 26 26 »A 313 18 Jan 28 Va Feb 2.10 2.15 3,400 —-—6% 180 7% 7% 7% —1-—--* •— 67% 15% 5 — Honolulu Oil Corp T . 45% Mar A—• • »A Jan 16% ■13 V* Mar 80 40% __3 Corp Z a3y2 Za73 Jan - 385 * . Hotels 44 335 13% 13% 13% ——— Jan 46% 52 >A 1 (Un) Feb Feb 7 120 16 (Un) 22% 39% 1,571 a43%-a44 y2 Rubber • Jan 52'A 51% 13% Oil Co of Calif class Hawaiian Pineapple Co Ltd— Hilton Feb Jan &45 a45 y» 53%. 53% (Un) Corp 106 22% 6 - Jan 21 Ry non-cum pfd (Un)„ Nor Jan Jan 4\- - 1,410 100 - 46% Feb 11% 11 a45 .Hancock Jan }6% Jan 197 - 17% > - • 242 common Co & Tire Graham-Paige - 27%.'Feb 24%, Jan F) (B "Goodyear " 12% Jan a36y8 a36% State Co Ltd common Goodrich Great 104 35'/2 a23V4 a23y4 preferred Safety Razor Co—— ' - 146 44% a20% a20% Cumulative Gillette . 13% Mar Jan 9% 155 • 88% Mat 91% Mar a36 lA —5 Feb Jan Jan a23%. (Un) General Paint Corp ^ ■ 10% Mar 12% 4. 38 y4 Jan 80 83 Va * (Un) Feb 261 . (Un)_100 General Motors Corp common- Jan 93 11 General Electric Co Jan 20% • 4 511 13% : Feb 6»A 490 . 106 Chemical com—10 2% General Foods Corp ; High Low 10% Feb 29 53% for Week - 29 Jan a26% a26% 11% a20% ———• Capwell Co Machinery & Foster 240 35 Va Feb Feb .4^v —3 Gas & Bond Board Florida Co Works Oil Dorado Food Sales ■'-v' ■' 25 229 3% 10% 12 Jan 21 23% Jan Jan J>.n 11 4% w* Feb 54% Mar 106 Jan 9'A 34 Mar1 12% Jan Jan 49 23% — de Nemours (E I) Mar Jan 97 102 % Mar 5 Co Co 97 10% Feb 11 Mi y4 Mar 23% —5 common Mfg - - 9 124% Mar 112 19,000 18',4 10% alO% a _1 (Un) Corp 50 a9 a9 a9 Fruit Corp A common-—5 Giorgio Class B Doernbecher Shares 9 Va -1 (Un). of America common Curtlss-Wright Feb Jan Range 1 9y2 Jan 3% of Prices (Un) Preferred Feb 26% 13 : Continental Motors common Curtis 359 (Un) Aircraft Vultee Continental 39% Jan Feb 50 62 Feb 39% a 88 195 12% 13% a47% a47% 100 —5 37 a24% Coppermines Consolidated -Golden -10 Feb 13% a Jan 13% Jey Manufacturing Cer i—__l——. -11 32 al8y2 al8y2 359 —l 267/a Mar a29 % 25% Week's Walker Refractories.com. Feb 86 27% Jan li "-—-"-¥50 1 89 al3% 21% 17% ; Jan 1 4% Low Columbia Gas System— 86 Va 15 13% Last Duquesne Brewing •£—— 147 31% 28% 10% Feb 87% 87% Jan du Pont —. 80 25 System 176 $500 __ Feb a77% a79 Va Jan a26 Va a26yz Jan 15,000 Co 59'A 70 y2 48 20 * • 9% 55 % Feb 40 Jan 4% 54% 27% 325 87% Jan 124% 124% Feb 29 y4 Jan 25% 7% 27% 1975 34 575 27 a78% 24% 13% Feb 38Va Jan Mar 330 a47y8 a47l/s 10 preferred 2.25 Mar 1,200 34 27% — Feb 55 Jan 1.50 2.10 34 • - 45 Va Jan a— — 2.00 2.00 1 25 100 (Un) a— — 55 Mar 3U'/2 Feb . • 315 a49'/8 a50% a49% Feb a__ a— 425 Feb 28 Va 22% Jan 5 48 48 100 America 16% a567/8 a56% 48~ 7% 115% 115% Supplyi-J_uj._^_L_I. 23 y2 Jan 25 50 32% Alleghany Ludlum -Steel. •-Mountain-- Fuel Feb 25% 1 Jan 20'A 325 47G 27% Mar Sale Price i- 18 y4 300 a30 31% 183 Par v. Jan 21 j/b 31 Va 29% STOCKS ■- al7 21 % a29% 63 28% 13% Feb 21% 912 44% Feb 11 a29% 8% 44% 69 y2 9»A Mar "■> a9 Feb : Jan 63 Va 275 50% 9% 7% 1963 i;' .V. f rMacklni»sh-Hemphill^i_—-iw— 30 9'% a 62 27% .. Jan a9 25% Mar — Feb Feb 5iy2 5 21% Jarf ♦ — 51 • 1 —. a50% Jan - 2.95 53% 42 Vst 27 Consolidated Chemical Indus class A 145 Thursday Gas 60 Consolidated Fibre Star 2,322 a69% a70yi a70% Jan Jan Mar 2.55 2.65 a47 V* a47y* 4% —-—1959 ' 2.60 2.60 Feb Pittsburgh Slock Exchange Lone Feb — Solvents Emporium Harbison 15ya 2% ; & Dow Chemical Rtfuitable Gas CoFort Pitt" Brewing- Jan 25 Gas Electric ID L) Co-- 11% 1 (Un)—_ Corp Co Fuel El Clark 600 Jan 26% * Blaw-Koox 12% 59% 23% 4% Baltimore Transit Co 4s ; Jan 12 - 12% 26% 25 y2 . 27% debentures— 59% Mar 22% 22% 1 debs——, convertible Jan 5 Domlnguez Oil Fields Co 3%s 49% Corp 27% Mar 24 —.—13% American Tel Ac Tel—- 210 15 (Un) Service Colorado BONDS ■j 54 % 1,037 24 -* Ser Jan 54 % * of Commonwealth -• ; ; iy2 & Preferred ' 24% • Improvement Jan 10 Ry Com Commercial 50 Brook Corp Gas 1»A Cons Natural Gas Co 8 3 common Feb 500 28% Mar - Scott Jan 1%, 40% Mar 8% Jan l'A a52% 5 Jan • 13% 8% Mar Jan Jan Jan ' Feb 7% 58% 25% 7 Feb 13c 23% 35% 6% Feb 11% 15 225 40 28% ■" 7 Va 26% Jan Jan 8% 10c 52% Mar Eureka 15% Mar Jan Jan 26 20 Va Mar Mining Co._ Ohio Ry (Un) Chic Milw St Paul RR com (Un) Jan Jan 20 a21Va a2iy8 —5 Sullivan & Chesapeake t 158% 90 al3% al3ya 13% - Cities Jan Jan Feb 330 a 2,459 38'A 20 common 8'A 14% 11% 52% Mar 171 27% • common 8% 563 Consolidated Edison Co of N Y (Un)—• 28 T if* IPublic Sfcrvice El & Gas 1,300 23,600 8% Jan Mar a53 (Un) & Co common Columbia 13% Jan 1,124 27% 21 ' * Philco Corp new common 11c Jan 10 648 14% ,* . 5 10% 10c Mar PI preferred Chrysler 233 26% common 5 a25% a25% 10 % Mar 50 153% 410 161% 75c Mar 11 26 ll'A a Mar 11% 13% al3% 11c 13 (Un) (Un) Packing (J I) 4.20% Feb 70c 15 a Feb 44 Jan 39 50 42,723 al7 Celanese ' Phila Corp Corp 570 70c 25 52% Mar 65 27 % . Jan 70c 100 (Un)—^ Hill Central 20% 13% •'Pennsylvania Water & Power Co Philadelphia Electric - common- 46 Va a39% a40y2 13% a 10 23% Mar 20% • common 20% 43% 51% 50 Pennsylvania Salt Mfg 4iy4 Mar a49% a49% (Un) Feb 65 263 52% 43% 52% 10 10% 8% Mar 9% 23% 14% Pennsylvania RR Case Jan 23% 9 23% 1 Pennsylvania Power & Light- 135 80% Mar • Corp Feb 41% 157% Mar a52 'A (Un) Corp (Un) Canadian Pacific Jan 77% 10 . 211 41% a40»A Caterpillar Tractor Co common 2% 17 5 Navigation Jan Co California Feb 105 >5 79 5 & Jan a25% (Un) Calaveras Cement Co Jan 17 * Lehigh Valley RR Pennroad 4% 2% 13% com Feb 1% ' 155% a 5 2.50 P10 3 Byron Jackson Co Feb 15% 12% Mar 432" Feb 79% 150'A 925 154% 21% Mar ~4% • common Light Gimbel Brothers ■ 17% Jan • Battery Corp Motors Coal Jan 18% • Storage Lehigh 14% 1,414 13% 75c Co Bunker 158% Mar 25 Publishing Co Electric 610 21% 13 Va Budd Company Chrysler Corp General 17 Va 13 ___ Delaware Jan 16% common Budd Feb 38 Jan 20% 79% 150 1,110 2'A a72% a73'/8 a al61% Broadway Dept Store 33% 17 Baltimore Transit Co High 149"% 20% 151/8 Mar 21/4 2 Holdings Borden 136 IIIIIZIIIIio Baldwin-Lima-Hamilton Corp Baldwin Securities Corp Steel Borg-Warner 1,285 154% Corporation Jan al617/a Boeing Airplane Co (Un) 36% 35% IIioo I Blair Low 12% 100 (Un) Corp Range Since Jan. 1 High 320 111/8 Bishop Oil Co 154% 155 % 36 % ~ Tel Atlantic City Elec Co- Curtis Low Feb 15y8 • Baldwin-Lima-Hamilton Sales for Week of Prices 21 '/a 11% (Un) (Un) Diesel Engine Wedge Mfg Corp common (Un) Baltimore & Philadelphia-Baltimore Slock Exchange Sale Price Feb ,__5 Top & Santa Fe Bethlehem STOCKS 21% v (Un)_» (Un) Benguet Cons Mining Corp Week's Feb 72 70c Imperial Bendix Thursday Jan 20 15% 4 Atok-Big 13 Va Mar 9% Mar 200 37% Jan 41% Z50 (Un) Co Corp Atlas Avco 9% Willys-Overland Motors (Un) • (Un)_ Arkansas Nat Gas Corp class A Atchison Van Feb 16% a20 Va a20'A a73% Anglo Calif Natl Bank rights 29% Mar Jan 23 700 —10 (Un) Theatres Corp. Anaconda Copper Mining Feb 59% 53% Mar 36 Va 100 ~ American Woolen Co common 4% Mar Jan 4 6,800 55 4% Feb 27% Mar 23 130 03 CO Mar 35 Jan 26% 1,900 • Paramount Steel 35 23 * Carbon United Air Lines Inc 33% 25 % Corp & 33% Inc Mar 13 a32% a33% al54% 100 Rights Trans Jan 15% • (Un) Co 10% M. a20 Va (Un) Smelting & Refining American 100 13 a33% 20 (Un)_ High Low 13 13 * Foundry .(Un) American Power & Light Mar 19% Car American Feb 700 16 23% Broadcasting American Feb 50 16 23% Corp Timken-Detroit Axle Co 40 Mar Feb Range Since January 1 Shares High ' American 21% Jan Low Par ' J High Low High 34% Corp (Un) Oil Swift & Co Thor Range Since Jan. 1 for Week Range of Prices Sale Price for Week Sale Price Sunray Last STOCKS Sales Sales Week's Thursday Week's Thursday V 1 v Contmom - '■ i - : —2% ■- — - Pittsbu«gb-PIate= Glassy——. •Pittsburgh Bcrew k Bolt Corp—_ 3 10 < 39 - - 42%. 41% -'~'Z . . •9% ----- - 3% 39 *" Jan- - -;9% - Jan Jan Jan 38 35 9% " 72- 162 42% 40% 2% Feb 618 •3% 4 39- —25 t'-v$2.50 convertible preferred 43% Mar Jan 10% Jan ' 1 San Toy Mining Standard 1 Steel Spring 20C 23 y4 23%, , 20C L.12.50 - 32% 36% 37 y2 172 Jan Jan 24% Jan 35% Jan 34% Jan 38% Feb Idaho Mines Corp Maryland Johns-Manville • 175 ; Corp Corp & Light 1 - San Francisco Stock Thursday Week's 35% Range 34»A Mar 39% 16% 266 13%' Jan 18% Mar 145 /740 4«% 55 135 16 Va 16% 55 55 7% 7% 7% al6% a 16% a60 % • Shares Low Par Abbott •Z-5 10 a43% Air Reduction Alaska Juneau Alleghany Allied Co American Mining Co & Airlines Dye Inc Z10 1 <Un) Corp Chemical • (Un) Gold Macy Range Since Jan. 1 High (Un) (Un) For footnotes see page 43. a27% High Low & Co ' • —i 16 V9 (R H) common Magnavox Co Marchant Calculating Machine (Glenn) common—; Navigation Co (Un)_ a43V2 a43% 75 43 Jan 43 Jan Martin 65 24 Jan 29% Feb Matson a27% a28 Va 110 27% Jan 30% 3% Feb McKesson 4% Jan Meier 64 Va Feb Menasco Mfg 3% 3% 130 2% Jan a4 a4'/8 98 3% Jan 60 16 16 Va 788 Jan Mar Jan 8% Mar Jan 17 »A Mar a73 134 72% Mar 76'A Jan &61% 223 57% Jan 65 Feb 185 32 Jan 35 Mar Jan 10% r y 34% 8% Feb 9'A 35% 550 35% 205 34% Mar 42% Feb 17 619 16Va Jan 18 % 16% Feb a33% a34% 125 33 % Jan 36% Jan 17% 17% 225 13 y2 Jan 17% Feb 34 Va 699 28 Va Jan 34 V2 Mar 34 25 20% Feb 20 y2 Mar al8'/4 al8% 19% 19% 1,320 19 Jan 21% 212 44V4 Feb 44% 60 Jan 13'A Jan - 100 19% Feb 23% Jan 981 2.80 Mar 3% Jan 640 18y0 Mar 16y8 Mar Middle 9'A Co a34 — 1 5 ^-1 * Jan a63% a63% 3ya 7 1 7 (Un) a27% a28% Laboratories Admiral Corporation 34% Z * Inc for Week of Prices Jan 280 280 a71J/s Aircraft Corp Lockheed Locw's Sales Last Feb 35 "—lis McNeill & Libby Libby Exchange Sale Price STOCKS Jan 37 Va . 35% 8% Leslie Salt Co 11% Jan 35 Corp (Un). Land Company.. Kern County Jan 35 c (Un)__ Copper Kennecott Jan 9% 32% • . 2.55 Mar 1.20 .500 9%. 9% • (Un) Kaiser-Frazer Kansas Power * (Un)—1 Independent Exploration .--33V3C International Harvester —— • Int'l Nickel of Canada (Un) — • International Tel & Tel com (Un)—• Feb 32% 4 Jan 22% 155 33% 37% 25c 16c 40,000 23% 32% Westlnghouse Air- Brake_^_^ Westinghouse Electric Corp. 19c • r. Co South .Utilities 19% " (Un)— 1—18 —10 a39% 1 & Robbins Inc & Frank Co Inc al8Va 3.00 Inc com. " a39%a40% 20 18'A 4 2.80 18% 20 3.00 18% 19 Feb Feb Feb .to- The Commercial and Financial Chronicle ... Monday, March 26, 1951 . OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MARCH 23 Thursday STOCKS Week's Sales ' Mindanao Mother Minnesota Power M La«t J & M & M Montgomery Montana Lode & r. Power Auto * a69% Co (Un) * -10 Lines National Distillers Products (Un) Natomas Company Co Park Mining Co Y Central RE 271 a20% a203/4 19% • a27% — • North 1 10 Oceanic Oil Co Ohio Edison Co Ohio Oil Co (Un) United Paauhau Sugar Pabco Pacific Gas Electric Feb Feb Signal Oil & Gas Co class 1.95 29 241 1.75 1.75 1.80 820 a31% a3l% 130 a45 a45 14 o common 1.70 11 » - , Pacific Public Tel Service 5(4 Jan 17 % Jan 5% 4,815 32% 32% 32 3*2 17(4 4 5.R02 32 & Tel ■ Packard Oil Phelps Dodge Corp vPhillips Petroleum Puget Sound Pullman Inc 32(4 Railway Co Ltd vfcepublic Reserve 6% 30% Mar 32% Steel 29 29 30(4 469 26(4 26(4 26% Mar 480 26% Mar 29 28 1,575 27% Mar 28% a52% a53% 391 50 a53% Rheem al05%al05% __ 64 Mar 79 Jan 4% 100 4 % Mar 38% 5% Jan 36% 38% 544 34% Jan 26% 26% 26% 454 25% Jan 28% Feb 45% 45% 45% 345 40 Jan 49 Feb 34 34% 1,010 35 Mar (Un)—• com .25 a26% a26% a26% 39% 33% Jan Feb Feb Feb 31% 31% 250 31 Jan 32 Feb 25 27% 27% 112 preferred series A——25 California Petroleum 2 32% 32% 260 4.88% Gas -27% Mar 28% Feb 31% Jan. 34% Feb 20% 2U78 15 Jan 2U% b24 23 Feb 5' 11% 11% 11% 410 11% Mar 1 12% Jan 66% 66 % 66 % 5o2 63% Mar 73% Feb 1 a31% a31% a31% 190 31% Mar 34% Jan Co Corp common Brands Oil Co 2 Inc of (Un) Calif 13 * new 13 100 a23% a23% * Jan 9% 21% Jan 22% 374 22 Jan 23% Jan 107 125 103 Jan 113 140% Mar 149 20 70 6% 536 45% 45% 13 Jan 14% Feb 23% Jan 25% Feb 44% Mar 20 49% Feb 46% 4,403 101% 101 % 336 96 Jan 28 Jan a62(4 12% Feb 3 % Jan a22 85 all 4% 21% Mar U Jan 12% 64 % Mar 9% 170 Jan Jan 82% Jan 25 % Jan 33% Feb 151 45% Jan 46% Jan 75 48% Jan Western Air 16% Jan 54% Feb 20% Mar Western Department Western Pacific 83% Mar Western Union 20 20% , 1,613 ,,Westates Petroleum Preferred <1 82 83(4 'i75 48(4 48% 176 48 ,Jan 54(4 42% 43% 524 42% Mar 49% Feb 33 36% 400 23 36% Mar a33% a34% 1 <2 33% Mar 34% Jan 240 28 Va 33% Feb • 36% a3j"/8 1 (Un) 31% — 31% 62% Jan Jan CANADIAN (F 308 85% 32% 160 16% 16% 3,671 35% Feb 20% Jan Jan 24 Jan 25 Jan Jan 59% Feb 35% 573 34% 29% 746 23% Jan 29% Mar 245 19% Jan 22% 18% Jan 19 % Mar 34% 70 79 81% all% al2% 270 270 70c 750 5% ,5% 5% 13% 14% 21% Jan Jan 86% Mar 21% Jan 270 4% 38% 250 80 52% 10 31 36% — 1 38% 10 1 10 a45%a457/8 •4% 4% ■ - 20% 200 Feb 52% Feb 41 Jan- Mar 38% Mar 11% Feb 44% Jan 45% Feb 120 4% Jan 5% Feb 80 17% Jan - ' 19'/a 25 Feb 9% Mar -225 ■ -- ' 25 Jan Jan 14% Mar , Mar 34% 2,426 Jan 6% 12% Jan 22'A Jan xJan 91c Jan a43 % a43 % ;10 13% 280 Jan a51% a517A ___ 'V* „ Feb 70c 600 • Feb 13% 662 14% Jan Feb 47% 11% Mar 27 70c % 40 63 115 270 1 22 Jan 41% Mar 250 -12% Feb 220 27% — r 39% 500 35 20% 20% a20% a20% 29% 20% ouc Jan 20 35 * 81% — Feb 32 % Mar 54% _1 . 94 172 191/2 5 Motors (Un) W) /(Un)—i Mar Jan 426 1 Yellow Cab Co common Mar 35 16V4 1,158 .— 43 Mar 241/2 42% common—— Jan 35% 19% 100 Telegraph (Un)„. Mar 55% 42% (Un). Fel Feb 13 24»/2 42% (Un) 34% 21% 55% __ 10 Stores Preferred 35 —* Willys-Overland Woohvorth 33 32% .>• 10 Westinghouse Elec Corp (Un) Jan 95 105 90% L5 —; RR 46 90% * ; common Lines Inc Feb 82% 1 —5 4 (Un) Warner Bros Pictures (Un) \ Wells Fargo Bank & U T—— 68% 79 % 260 20% 1 Inc Steel 295 , 46 a337/a a34% 16% - —12(4 a48% a48% — L2 . ... 30 Feb 32% common_10 Carbon a43% a44% a44% Oil ——— Corp common— Universal Consolidated Oil Jan 134 S Jan 12 90% —2 j10 -United-Paramount-Theatres com(Un)_l Jan 17% 10 46 United Gas COrp (Un) Feb 23 & 150 1,770 13 105 % Mar ' a34% \ 25 United Aircraft Corp (Un) United Air Lines Inc Feb 25 30 29% • Co Union Sugar Jan -25 —— (Un) Airlines 32% 19% 13 V 10 . Associated Carbide 32%*' 18% 19 % TO Union Oil Co of California common—25 ___ 10% Mar a61% a62% — ' ... Water TransWorld 6% Mar 21 % a3% al0% Jan (Un)— • Jan a— — 4% 1 —1 Company Union 25 (Un) Co Transamerica Corp Feb 60 a21(4 al0% a__ 1,955 a3% — Tide Feb Jan H 11% a23% a23% __ Texas (Un), Corp McKee Super Mold Corp Swift & Co (Un)—— Feb 7% a78 a78% 10 105 19% 6(4 11% * Co Jan 200 — • Realty 102 1,502 a50%a51% • 100 Manufacturing Feb 120 25 preferred Calif Sunset Jan 107 .10 • Jan 9 140(4 140(4 50 tun) 57 68% 2j% Sunrav Oil 'Jan 20% — 100 (Un). 30% Mar 22% __ 25 B 9 Jan 9 100 (Un) 28% 20 20(4 * common.— Gas Jan 7 55% Mar 68% 29% Studebaker Corp 53% Mar 27% * Corp (Un) & Feb 5 50 Jan 55% Mar Jan Standard Oil Co of N J 28% .Feb 26% 27(4 27(4 27(4 500 26% — Oil 280 Jan 9c Feb * Reynolds Tobacco class 6 6% a54% a54% 52% •38% Mar Jan Standard Feb —1 (Un)__10 pfd Incorp 181 Feb Jan 26y8 Standard % Mar 36% (Un) & a56 Jan * 5c 28% Spiegel Inc 34% Mar Mar 33% Mar Co Equipment Rayonler 5% Mar Jan 33 14 37 10,900 153 Sperry 474 33%c Pure Oil Co (Un) Radio Corp of America So Jan 1,459 (Un) & Timber (Un)__ Jan 150 425 8c 235 19 Jan 34 (Un) Pulp 15 14% 7c 5 Co 30% Pan American World Airways (Un)_2.50 Paramount Pictures Mines (Un) 1 Park Utah Cons Mines (Un) 1 Pennsylvania RR Co Pepsi Cola Co (Un) Jan 29% Pacific Jan 246,479 * Corp.— 10 29% Southern 33(4 pfd common Mar <25 Southern 30% 25 common. 9 37% 68% • . Edison Co Feb 9 25 , Motor Calif 20% Mar —25 com 400 ... —25 1st Conv „ Feb 33(4 —... Portland Cement Pacific Preferred Pacific Western • 15 30% Pacific Lighting Corp common $4.50 preferred ,r_. Pacific Petroleums Ltd Pacific a—,., 90 4% Jan 9(4 Jan ,15 Co cumulative preferred Convertible preferred 4.48% .Cumulative preferred 4.56% Feb 25 redeemable preferredredeemable series A— 5% 2.05 Jan 2,137 100 34 5 .4.32 % 33% Mar _25 1st ; 5% Jan Jan a__ 32 % — preferred.. 5% 1st preferred '4.80% red preferred Southern Feb Feb 30% — c 32 7 17% Jan Feb 37% 8(4 5% 25 RightS ,6% 1st preferred 5(4% Boundview Pulp Jan 20% 17% 27 4% 5 Sinclair Oil Corp (Un) Bocony-Vacuum Oil (Un) Feb Jan 8% — 300 a55% 415 A (Un) 19 Jan 20% — * —5 Jan 31% 14% .6 . 22% Mar 22 220 < 36 Jan 32% > Feb '' a55% * —J—I 19 Feb 17% (Un) Silver King Coalition 2.75 Mar 26 15% Mar 50 34% Jan 21% 137 33 37% 7c - * 10% 21% Mar 'J. 5 P10 Co 29% 466 55 335 Jan Jan 33 16% 13% & High 52% Mar 34% 31% 9% 10 . 4—1 Jan 29 14 Roebuck 8% 201 al8% al8% —. Bears 26% 34% 15 common Aggregates & Bafeway Stores Inc San Mauricio Mining Southern Fisheries Coast Pacific Inc Feb 70 a22% a22s/a — Amer 22% 160 29 * Plantation Products Pacific class B Jan 750 * Filters B & W Fine Foods Inc 18% Low 119 34 34% Feb Feb Range Since Jan. 1 High a52 a52% —-_1 Shasta Water Co Shell Oil Co.. 2.75 — Oliver 22% 30% 20 % Mar 34% -8 —— Jan 10 16 Va Co.. Jan Jan 21% Low . 1 — 21% Jan 21% — 1 Aeronautical 17 16 % American Investment com—100 Northern Pacific Railway (Un) 100 Bros Ryan 10 2.25 a22s/a (Un) (Un) Roos Feb 25 — Power North American Aviation North American Co com Mar 1,191 • Niagara Mohawk 83c 73% 20% 2,75 Shares • 27 80 a27% a27% a9% a9% • (Un) Jan al0%al0% — .1 71 595 .. for Week Riverside Cement Co class A (Un)—<-* Jan 37c Sales Range of Prices Par Richfield Oil Corp Jan 14c ; Week's Last Sale Price a— ,65 ( 30/a ; High Mar a— 54,450 — 1 ——„ 10c 43 83c 30 a20% 1 New N 74c 30 /a 5 .38,700' a67% a69% a23/a a23% a23% (Un) Low 12c a3l3A a31% 80c STOCKS Range Since Jan. 1 High 10c a31% Fibres City 12c (Un) ——* (Un) .1 (Un) Nash-Kelvinator Corp National Low P.10 Morrison-Knudsen Co National Shares Consolidated Ward Thursday for Week ol Prices Par Mines Light Range Sale Price .•"• , 19% 20 Feb LISTED MARKETS RANGE FOR WEEK ENDED MARCH 23 Montreal Slock Exchange f Thursday 7.7' STOCKS Week's Last Par Thursday STOCKS Week's • Sales Last Range for Week Sale Price of Frices Shares Par Abitlbl Power & gl.50 preferred New class A Algoma Steel Aluminium Ltd Shoe 55 20 new com 3,581 42 24% 24% 25 1,502 7% 365 19% 19% 380 7% — — * — Low 55% * 7 Feb 60% '25V4 Mar 8 ('2 Feb 19% Mar all 5 30% 31 700 28 93% 95 975 21 31 " Aluminum Co of Can 4% pfd Argus Corp Ltd common Asbestos Corp 94% 25 25 Bathurst Power & Paper class A Bell Telephone • 46% Jan Feb Canadian Cockshutt , Jan 35% 107 Jan British American British Columbia British Columbia Class B Oil common Forest • 350 25 Jan 26% Feb 9 Jan 13 Feb 447 39 Jan 53% Products ,40 Jan 47 Feb ,39% Dominion Jan 41% Mar Dominion Power class A 47 213 40% 2,958 24% al5% • 31% 9% • 31% 5% T Mills Ltd class A Bulolo 1,660 9% 8.405 5% Gold • — Dredging • preferred Canada Iron Foundries common Canada Northern Power Corp Canada Canada Safeway Ltd 4%% pfd Steamsnip common preferred Canadian Breweries 20 10 837 ,28% 4% Jan Jan • Dominion 34% Feb 9% Mar 32 6% Feb Feb • common ^Canadian Car & Foundry common 150 12 19 Jan 24 Feb 220 8% Jan 33% 34 15% Feb 105 31% Jan 35 8.60 Feb 2,815 6.80 Jan 9.10 Mar 67% 610 54 28% 29 330 21% 28 % Mar 21% 213/4 935 al2 193/4 Jan all % al2 22% Feb 190 11 Jan 12 Feb a99 33% __ 19% 100 a99 10 33 33% 1,495 99% .25 Jan 74% 29% Feb 100 Jan 45 45% 310 44 Jan 19% 193/4 1,385 17 Jan 371/8 I Feb Jan Jan Feb 50% Feb 20% Feb 105% 105% 27 120 ' 105% Mar 105% Canadian Celanese $1.75 series $1.00 common Canadian For footnotes 27 100 15% Jan 15 3/4 16 27% Feb 18% 1,575 133/4 Jan 18% 183/4 17% Feb 255 16% Jan 18% Feb 60 see pfd— page 25 43. 20 59% 603/4 1,440 503A Jan 38% 25 25 A 101 68 38'A 30 37% Jan 39 % Mar 80 22 a2 a9 2 a22 % a8 a9 105 8% Mar Jan t 23% 9 Feb Jan Jan 22% 725 ; 17% Mar 31 , Jan Feb 36 Feb 22% Feb 101 101 5 27% 28% 4,879 18% 18% 28 300 22 % Jan 22% 31% Feb 27% ,139 142 y2 978 126% Jan 154% Feb 139% 22 100 Feb 23% 377 101 Jan 13% Mar 32% Jan Feb Feb 22 com 20 Textile common • Donohue Bros Ltd 28% Jan 34 Feb 290 55% Jan 67 Jan 170 21% Jan 23% Mar 12% 65 6 300 44 47 Feb 101 25 100 Jan 102 Feb 66 125 64 Jan 67 Feb 175 33% Mar 75 Jan 34% 325 32 Feb 36 Jan 385 20% Jan 22 Mar> 15 15 % 1,885 35 1,100 r 34 34 25 29 Jan 35 20 20% 20% 400 20 Jan 23% Feb 1 16 16 225 14 Jan 16% Feb _25 a22 a22 20 22 Jan 22% Mar 16% Jan * a42 a43 51 52 Power General Bakeries Ltd Qpn«ral 5% Steel Wares common preferred Gypsum Lime & Alabastlne al7% ai7% —100 common— * 19%. 19% • 19%J 105 107% 100 ,109% 199% —* 3.00 15 554 24 . Feb Feb 34% 0 Jan 101 17% 50 20% 330 106 10 24 24% :670 Jan 17% 21% v Jan ' * , . Feb Feb 101% Jan 2.45.-J«n104 Feb 50 104% Jan 3.00 Feb 55% „ Mar 108% .,. 18 Jan 38% id* 20% - 16% 39 80 106 _* • - Jan Jan , 29 120 1,789 3.00 100 13 .4 260 . 101% 101 % 100 " Feb 34% 52 preferred 27 Va 15 < a42 preferred 35% Mar 1,559 al7% 5% % 1 32 * 5% Jan Feb Jan 34% • Gatineau 40% 8 34 * preferred 13% Mar a22 a22% Fraser Co - 6 31% Famous Players Canadian Corp Foundation Co of Canada common 12% Mar 34% • Dryden Paper Eddy Paper Co class A preferred Electrolux Corp Estabrooks (T H) 4.16% pfd 32 2,580 61% 33%. 33% a22 — : 30% 23% '66 33% Dominion Steel & Coal class B—T.—25 Dominion Tar & Chemical common—* Redeemable preferred 23 % Dominion Feb 100 66 . Feb 17% 44 100 — common preferred Feb 17% Jan 12% — • -1 — Glass 25% Jan 11 61 12% —.—. Steel Mar 10% 57 23% 61% common— & 22 187 6 » "25 preferred 1—1 200 14 29%* 30 — 22% 14 1_ 1% 4%% * , preferred Converters Preferred Dominion • series Corsets ^Dominion Foundries Jan 20 Class A Jan 27%- ' * 27 .100 Smelting. -— 6 % Dominion Dairies 643/4 60 Canadian Bronze 5% preferred Canadian Canners Ltd a22 Bridge Coal Feb 28% * 205 18% & Seagrams—1 16 Jan 100 29% 64% 100 29 92 al2 al3% Feb 8.40 33% 5 29 Jan - 27% Mining 27 Jan 32 5% 7 35 32 ' 12 Canada Cement common $1.30 a2l% * Building Products 22% Jan 13% Jan * Class B Jan Class B Distillers al6 -7 7 %- a 32 4,549 — Bruck 27 Feb 40 31% 78 7 22 Consolidated Textile Mills— .Corby (H) Distillery class A 975 45% High 60 ' 25 23% Low 89 a31 ._25 Plow Feb 11% 40 1 29 Vickers Consolidated 48% 24 Traction Light & Power—* ^British American Bank Note Co • Range Since January 1 High a31 " * , 11% 25 ;-BrazHian 89 Shares __ —• Canadian Oil Companies common 5% preferred 47% • * — -25 .Canadian Pacific Railway Feb 11 91 % Mar 9% ' Feb Jan Mar all * ——— Low —* — for of Prices \High . —— common preferred Canadian Locomotive Range Since Jan. 1 High 54 Cottons 6% 7 25 * preferred Agnew-Surpass Low Paper 'common—„■• Acadia-Atlantic Sugar Canadian Sales Rang* Sale Price Canadian Funds Feb ?0% Mar .108% Jan Ill — '3.50 Jan Feb 20 % Mar Jan 106 Mar Jan 25 Feb * Volume 173 Number 4997 The Commercial and Financial Chronicle (1307) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED MARCH 23 Thursday STOCKS Howard Smith Paper.common $2.00 prelerred ; •Imperial Ltd_—:_L Oil Imperial Tobacco 4% preferred preferred of Shares Low 87 „ i_ * * 37 38% 12 y4 12Va 25 6% 10,472 Jan ■' 50 V2 Mar Jan 62 ! Canadian Canadian ' -' Acceptance $1.25 conv $1.60 prefened Corp 27% .39% Mar 13 Canadian 6% Jan 25% 30% 30% __ 32 _____ 31% 470 Jan Jan 28 31% 31% 75 29 ,33 25 — 33 .50 Jan 31 33% Jan y4 Feb Intercolonial Coal 100 30 _—_—100 * T 8% preferred 1 ^International Bronze common— International Petroleum International Power Co Utilities Catelli Serv Ltd of the Woods 101 MacMiJlan Export Mailman 5% preferred (Robt) Ltd class _i_ 117 Adv Alcohols Div Standard Dominion Engineering Feb Dominion Structural 513 21 y2 Jan 27% Feb Dominion Woollens 1 Mar 101% Jan Donnacona 101 28% sec ■ 7% 10 B Esmond Mar 8% Jan Jan Mills v Fleet 17 Jan Jan 16 ' 5y8 600 a85c 50 80c Jan «9c; 17 22% Feb 25 36 V4 75 30 y2 Jan 37 Feb 34% Co preferred 357/8 5,186 32% Jan 39% Feb 6.00 Jan 1.10 Mar Mar 30 31 250 16 Jan 31 Mar 85Va 85y4 20 73 Jan 90 Feb 11 11 100 9 Jan 11 13 12 V2 13 565 10 Va Jan 16% Feb 29 29 30 y2 89 28 Jan 31% Feb Jan __ 20 class A preferred Ltd Jan a20 25 20 a32 20 31'/4 Jan 33 Feb 13 13 100 12 Jan 15% Feb 23% __ a20 a32 __ 1 23% 25 23 Mar 24 Mar * , red Mfg 35y4 Feb Jan 4.75 23% 100 • 2.45 2.15 2.45 14,500 • 64% 59J/4 65 3,090 20 Jan Feb Jan 3.10 Jan 1.50 70% Feb ___ 22 Feb 21% Jan Ltd Grain 6%% 7% Mar a._ 16% 100 Feb 1.00 11 Fanny Farmer Candy Shops Inc_L 460 Feb 25 Jan 80c • Jan 16 117 Mar a85c a85c * Paper Co Ltd Jan 19% Jan 21 • 15 5% 115 1 100 , * Ltd Worsteds Feb 16 y4 Motor Foreign - b'/c of Power Canada Sec Corp class A Lakes 49 * Paper Co 50c 40c 50c 507 85c Jan 100 16 16 16 30 15 Jan 21 Feb 34J/2 35 375 30 Jan 38 y* 48 48 50 47% Feb 48 Mar 4.30 4.30 300 Jan 5.25 Feb Jan 12 Feb common red preferred *Great Jan Co Ltd • com a85 a85 10 a__ 12% 13 32,455 11 Mar 25 22V4 25% 5,128 19 Jan 25% Mar {International >.35 35 35 50 28 Jan 38 Feb Jan 28 y2 Jan "Jnterprovincial Utilities Ltd. ^Investment Foundation Ltd 28 Jan 19% 40c Mar Feb Feb — A a._ ___ 13 preferred ,28 28y2 375 26% 26 26 225 26 • 16'/4 16V4 17 2,830 40 50% 100 50% 19% -all% 50% a63 , __ 1% preferred _25 'National Drug & Chemical preferred__5 common a63 19% ; Mar 16'/4 Jan 7 50% 5 65 __ 6% Jan 51 Jan Mar 85 Jan Paints (Can) • Ltd A * ' 10 50 3.50 400 3.40 Feb 3.75 Mar * 21 Vb 22% 200 18y4 Jan 22% Mar 51 51 10 51 Mar 52 Mar al2V2 al2V2 25 11% Mar 13 Jan 50 51 Publishing Co-of Ottawa Ltd.* (Lambert (Alfred) Inc 3.65 10 3.50 com preferred conv a * i 1 (Walter M)_ • 9 11V2 IIV2 475 10 Feb 11% Mar 14% 15 375 11 y2 Jan 16% Mar 60 "785 ■ 20y8 a34 a34 'aliy2 al2 , * - Mar Hydro-Electric Securities Corp '26 • 2,520 19 Feb 22% 34 Feb 37 Jan 11% Jan 12 Feb 15 Jan 1 Lowney Co Ltd y4 MacLaren Power & Paper Co ■ 180 Maritime Teleg & Tel Co •McColl-Frontenac Oil ' 4% * 29% 29 %> 30% 645 27% Jan • 31% Feb 79%, ' 78 %> 80 Ogilvie 1,262 70% Jan * 85% 25 Feb 168 Jan 75 Jan ;;56 Jan 63 Mar .147 -pfd Limited 60 ' 10 1 60 Jan 63 Feb 10 17% Jan 18 Jan '98 98 35 98 Jan 98 Jan 4.75 4.75 76 4.75 Jan 4.75 Jan aloy2 al0% 54 10 y2 Jan 11 Feb 1,340 25% Jan 33 Feb 24'/2 Feb 28% Feb 10 Va Mar 11% Jan — * 4.75 10 com 49 y2 al8y8 al8Ve 100 aloy2 _5 30 27J/4 30V4 "Feb Jan Distilleries common Feb 23% • ■ Melchers National Steel Car Corp__ Noranda Mines Ltd Flour Mills common. 7% preferred ! Ontario Steel Products • _100 22 22 . 163' 21 Jan 5 163 Mar 64 64 251 163 163* * 25 64 Mar 145 52 J an . . Page-Kersey Tubes Penman's Ltd common * .__ 6e/c preferred 55 53 55 a59 —x, a60 24 • preferred •Minnesota Moore a24% a25 75 aloy2 all '415 ■Orange Crush Ltd > a25 al0V2 ♦ 5 5V8 325 55 145 Feb 6% 17% Jan 25 V* Feb Pressed 920 61% Jan 73 V* Jan "27% Feb 69 70 >26 25% 26 y4 1,485 20y2 29 28% 30 5,235 27% Mar 100 100 100 200 99y2 * al4% al5 100 14 Power Corp of Can 6% -4% preferred Provincial Transport Power Regent Knitting Rolland 1 : Quebec • 19% 19% a23 a23 a23 25 * 16% 16% 16% 25 * $1.60 preferred 14 14 14% 1,981 33 Jan common 20 y2 a— 1st * Shawinigan Series A Class 1st Sheraton Sicks' 14 class Jan . Simpsons 4%% bouinern Canada 5% A__—.— of Mar 103% Jan Union Gas of Canada Ltd Feb United • 90% Feb 20 Preferred Steel Wabasso Walker Weston (George) Wllsils Ltd & Transvision-Television Winnipeg Electric common Zellers 6% 35% 2,047 46% 120 a52 a52 55 50 Mar a21 48 20 Jan 19% Ltd _ 19% 31% 45% 290 18% Jan 37% Jan Jan 47% * 20'/2 Jan Jan •21 . Feb a99y2 50 99 Feb 27% 35 25% Feb 27% 13% 1,575 11% Jan 13% Mar 100 Jan Jan a97% 96 Feb 98% Mar 31% 32 1,085 30% Jan 35 Va 33% 34 465 30% Jan 36% Jan 13 13 13% 296 13 Mar •,14% Feb 9 y4 9% 9% 1,105 8% Jan 10% Feb 23 23 235 22% Jan 25% Jan 53 53% 965 52% Mar 60'/I Feb a98 i 75 53% 33 33 44% ■ 33 175 a20 a20 25 43% - 44% 18 13% 13 13% 28 ®/2 . ,35 . .■ 51 Jan 20 Jan 46% 13 1,225 28% Jan 36 605 28% 25 30% Mar .. 27% Jan Jan Mar Feb ♦ Canada Mining al9 50 a8 a8 17 29c 14% 5,000 loo 14% Feb 29 Feb 20% 20% 385 20% Mar 21% Feb 25% 25% 26 325 25% Mar 28 18% _10 32 32 32 100 32 Montreal 10 29 29 29% 576 28% Mar Nova 10 40 40 40 825 40 Mar 46 10 28% 28% 28% 675 28% Mar 31 10 42 500 40 43 Jan — — 40 —J—10 Ltd—___ Mines Arno Metals Ascot ■ Mar 36 32 '/4 ,Jan Feb Jan — .Mar Montreal Curb Market Canadian Funds Thursday STOCKS * Acme Glove Anglo-Nild Atlas Steels Works Ltd —T , * 1 Belle ■ of Prices Low : Belding-Corticelli 1% British Packers Class Brown Columbia B — Cartier-Malartic Bouscadillac Gold Gold Company Sales Shares Cobalt Ltd Ltd- 12 12 100 11%' 12% 9,265 14%. — • , 10% 9 1,105 1 16 Feb 18 15 Jan 17% Mar Hosiery Co Ltd Mines Ltd Silver Consolidated Cournor Candego Mining Mines Dome Mines 500 2.80 8,100 2'/2c 500 2.24 2.30 4,700 63 %c 65c 12,500 a4c a4c 100 3c Jan 4,800 35c Mar 55c Jan Mar 66c Feb 6y8c — 2.30 • — Canada Malting Co East Malartic Ltd-.. For footnotes see page 43. 2.00 Jan Jan 46c 36c 38c 49c 49c 1,000 40c 9c 9c 3c Jan 1 3.10 Feb 4%c Feb 2.40 Mar 74c Feb 5%c Mar 22c 85c 1 Ltd 1 —1 ■.• 7c Mar 15c Jan 5%c 500 5c Jan 6%c Jan 22c 25c 14,500 21c Jan 85c 1,000 Falconbridge Nickel Mines Ltd Fontana Mines (1945) Mines Goldbeam Ltd— • al8V2 12c Feb 15c Feb 13c 2,000 10c Jan ,14c Mar 55c 1.30 8.35 2,400 23c .4,000 10% ;10V2 6V2C 6'/2c 3c 3c — 200 -14% Shore Jan ,12 Feb Macdonald 14 Feb Mackeno 13% Mar i5% Feb 17% Jan 27% Ltd . 13 —— Goldfields Ltd 168% 168% 3 165% Jan .al5% al5V2 25 Mines Mines — 25c 1 2%c 4%c 1 — — Feb Jan Jan 9.50 Jan 7.50 22c Jan 32c Jan 9.25 Jan 13 Feb 2,000 3%c Jan 4,000 2%c Mar Jan 12 %c Feb 5%c Jan 16% Feb 10% 12c Jan «.»38c Feb 1,500 28c Mar 42c Jan 63c 69c 17c 18%c 18 y4 18 Vi 3,500 62c Mar ><99c Jan 2.40 ; 8.60, 39c 39c 1,400 25c alO 28c lc 4c 20c alO , 4,500 .200 1,300 50 - 17c Jan 25c Feb 16% Jan 19 y2 Jan 9.50 Jan 6.25 Jan 55c Jan Jan 11% Feb 35c Feb Mar 38c 8.80 6,500 20c Feb 2%c 4%c 28,200 lc Mar 3,000 3%c Mar .6c Jan 21c 3,000 20c Jan 33c Jan 1 Ltd 1-00 86c 1.05 5,654 1 Ltd Ltd Mclntvre-Porcupine 175 Feb Island Mining Com . 13 1 13, 15 11 100 Jan 15% Mar Monpas Mines Mining of __ 8.40 + Feb 1.66 2'/4c Mar 1-25 1.25 1.28 ,2,000 62% 60c 225 5 1 61V2 61V2 60c Mar 86c 1.20 Mar 53 Jan 1.30 Feb 1.68 Feb 69 Feb Feb Feb II, , • 1 1 Mines Ltd Mines 1 — 65c 2,185 29c 17c 20 2,000 14 Vt 27c 1 Jan Jan 30c 30c — 29c — 16 50c -1.30 Mar 14% 1 Ltd .200 23c 23c 1 Mining & 2,000 . 8.25 8.30 — 1 1 210 al9 51c 1-30 3c (Un) Dev Ltd Jan 3,500 al3'/2 — — 5 Mar 19,375 13c Hudson-Rand Gold Mines Ltd Hollinger Cons Gold Mines Ltd 72c 61c 12c — 1 85c Jan 55c 12c — 1 Ltd-- 32y2c Mar 75c ; Jan 58c 58c ' 7%c 85c — 1 Feb 7c 7%c 1 • Limited^— Mines / 14c 2,600 11,500 5%c — 1 Gold Mines Ltd^ Mines 11% 11% 12 8,580 143 141% 143 210 ">*9% Jan 13. Feb Montauban Jan 13% Feb Vpw Calumet 128 Feb New Formaque Jan ,150 10% 10% 425 9 Jan 12l/4 Feb New 21% 1,716 21 Jan 23 Jan Vocana 4—* 50% 50% '35 50 Jan 51% Feb, Normetal —* ! Jan 36c 1 Ltd Mines Sullivan Eldona 21% Vinegars Ltd—— Jan 4c 2.50 2y2c Mar 49c 1 Ltd— Co Ltd Mines Donalda Jan 125 1 1 6%c Jan 6V8c 2.68 2'/2c — 2.70 Htgh 24 24 100 : 14 14 100 14 Mar 14 Va Jan O'Brien Canada & Dominion Sugar Canada Jan 25 Corp Ltd— Canada Ltd Ltd — Mines Ltd • 1 • __ — 34c 44c al7J/2 al7'/2 32c 36c 4,200 75 Mines Mines Ltd Pacific Coal Mines Ltd & Mines 1 — 28c 54c Jan 78c 18 Jan 20% Ltd Feb 29c Mar 38c Mar 19,625 35c Jan 48c Mar 42c >44c 3.00 3.05 25c 31c 3,500 99c- Mar 21c 1.800 2.70 25c Jan Mar • 1.15 1.02 1.18 15,875 —1 Oils Ltd Ltd— Mining Corp Ltd Gold —1 . 74,300 * common Preferred Butterfly Feb 1,405 Consolidated Rochette Mines Ltd———1 Louvicourt 14% • 42 17 1 - Lode .Rights Lingside Gold Mines Ltd Range Since Jan. 1 Low 11% preferred-,.—100 ,—— Jan 17y2 1 Mines Mines Citra Lartic Lavalie for Week 14% A—* 34 1 Ltd Gold Mines Ltd— Bouzan Lake * cl B__*, class Feb Feb 100 1 Mines Chibougam Bellekeno Mines Ladulama Gold Mines Ltd High i.. Ltd 19% 29 V2 17 Lake Gold Mines Ltd—1 Red Merrill Bathurst Pow & Paper Co 14% Mar Feb Feb 17 1 Ltd Corp Labrador Mining & Explor Co Ltd - 5 Co—, Ltd ■ . * Development t Par < Range Sale Price ... ■ Week's Last . Jan 18 y4 17 * Metals Mining Corpn Ltd Base Beatrice Kayrand ; 12 % 29 y2 17 • Ltd Kerr-Addison Gold Mines • — Feb 35c 5 -1 Lead Mines Ltd Anacon Joliet-Quebec Mines Ltd - Jan * Ltd Breweries ~ "1 Jan 40 Jaculet Mines Ltd Toronto 19% a__ -- ; Feb 42 Royal Jan — 26c 100 a29'/2 a29% —' — Feb Scotia 19% a— 120 Va Mar Stocks— Mines Alta East 10 Imperial Jan 18% * class A Products Ltd Feb ——10 Commerce Feb 118 5 28c 28c Jan Jan Banks— Canadienne Ltd B Westeel 52 ■ Class Western -34 . * _ Feh 17 y2 ' ___ common— Corporation Feb 60 12% ——- preferred (Can) City Rapid Transit Co Feb 105% a98 __ • Jan 875 34% « — 20 20 31% * common ___ 11% Mar 23% Jan ' a99 * Worts— Jan Jan • Cotton Feb Feb 17 Feb * 27% • Gooderham 56% Jan 13% __ Corp 135 a20% * Thrift Stores Ltd United 5 . Jan 58% 19% * L___Z~ 11 22 Jan Jan 28% 101% * common- Feb 25 14% * 45 y2 103 46% 100 Canada Ja» — 30 all9 ■ 57 a— 100 • 22 al9 — — 15 95 a52 * preferred Co 200 50 a22 all8y2 al!9 B Jap 93 100 common a21 100 12% 60 35% * Power 6% Power 18 77 20 20 preferred Chemical Canada pfd Stowell Screw Co Ltd class A_ Class a._ 60 20 common. 22 — 115 110 60 11% 11V2 — * - Feb 54 y2 Mar 10 110 54% * Jan 1,815 105 105% 50 „ preferred Breweries Standard 20 * com prelerred 110 -54y2 a20% a20% — * Ltd n 39% 75% preferred____99 Water & Power Ltd '38 1 4 %% 54Va 1 " 1 Paper 4% B 103% 103% 39 49 preferred 110 50 _ 100 preferred Lawrence 2nd Steel pfd— common.'. Corp preferred 2nd 6t 4%% Power Lawrence Industries Southern Jan ;■ 100 Inc America Sangamo Co Ltd Twin Saguenay 5 y8. Mar Jan Mar 1 ..'16% /., Jan of Quebec Telephone Corp A Feb 101 60 25 ______,l__ Paper Royalite Oil Co Ltd.. St Metals 1st pfd preferred 2nd part c n Rus.-iell common 4%s Feb 70 * Ltd Co * 1 ♦ Co Paper * 15 Power Corp of Canada & Ontario Corp 1,900 » Price Bros & •Mount Royal Metal Co Ltd 147 147 1 6% 23 % ' 24 % 100 „ Placer Development Powell River Co * 5 21 * Works & Feb 36 y4 * Steel___ 37 a__ .125 . Limitee 8% 5 • 14% Mar 950 al9 Frere & Jan Jan 85c • A 4.40 6% . Jan 21 Co Ltd-* Jan 7 3.70 85c __ ■* Feb alio "28 ' ___„ 21 common Lithograph Mfg Consolidated Paper Corp Lid 17% alio . 117 * Preferred 101 y8 700 16 100 B Consolidated 101 19% __ common class Ltd Jan g . Gen Jan • Tramways ' 117 preferred Products 'Ltd Consolidated 13% Mar Journal Breweries 11,695 * Locomotive (National 8y8 12% ; ■'Montreal 77/8 91 7 6% 16 A_ Class B Montreal 8 Neon Federal * ___• ".Montreal Telegraph • Co * *. common ^McColl-Prontenac Oil Mitchell Lumber 13 10 —100 _—— fMolsor -Breweries Feb 110 14% * common ^Massey-Harrismew Jan 90 415 ; ♦ Corp Ltd 180 26y2 al8% 174 Jan Feb 14y2 . 174 Jan Mar * Jan 7 .* ; 174 Feb Feb 37% 70 42% 14y2 Class B f Feb Jan - rFord A__ Jan 174 60 Va * class 33 14 Mar 271 __ 940 31 y4 Mar 32 6%: 35 625 52 31 .100 34 25 a85 37 3 preferred 34 y4 62 y2 • 4.10 93 101. Jan a85 16% 25% 21 4.10 741 . 32 „ 6V2V0 30 a._ - , 8 40 4.10 3,462 * ' W) 92 26V2 . (C 55 16'/4 a 20 24 High Jan 24 34>/i Mar Feb 28 ,18 . 39 , 92 B Lindsay 38 53 y2 55 5 Secord Candy Shops Ltd Laurentide Acceptance— Class. 38% *■ 100 7 common A all • Laura Class al20 alO'/a 120 • 50 24 100 85 1 Food Claude David Ltd Corp Jamaica Pub ■Lake al20 aloy2 * International Co 30 ' al20 International Nickel of Canada com International Paper common...' 7.50 ,30 Low 57 Company -Commercial common • common Cassidy's Limited 1% ♦ ' ' • Ingersol Rand Co Ltd Canadian 32% Mar Jan Ltd Range Since Jan. 1 High 57 Feb 7'/s Investments Low ♦ Marconi Canadian Jan Jan - Shares Western Jan 12 y4 24% 300 — Ltd preferred 350 67/8 __ com: preferred General Co Canadian Industries << '^Industrial Fairbanks-Morse 1,485 25 y8 __ £1 — 89 55 y2 Mar for Week Par Feb Jan 48 y2 1,690 Sales Range of Prices • High 67 95 - Week's Last Sale Price 7% 12'/4 25 58% 955 - 49 57 38V2 com—_5 —f Low 87 49. 58%* • STOCKS Range Since Jan. 1 High 78 * 50 Canada Thursday for Week • ^Hudson Bay Mining & Smelting. 6% Sales Range of Prices , Par * Week's Last Sale Price - r 27c 26c 27c 50.900 • 4.90 4.90 5.20 2,300 4.50 Jan 1 — 1-35 1.35 100 1.25 Jan Jan 3.70 Feb 45c Jan 1.65 Jan 27c Mar -39 rt r^.rwer\'«iwv. 40 kuwtiK. waft « (1308) 1 The Commercial and Financial Chronicle . . . Monday, March 26, 1951 CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED Thursday STOCKS Week's Last Range Sale Price of Prices Par Perchcourt Gold Pitt Gold Fields Mining Co Ltd Low 1 Ltd 59c ...1 Preston East Dome Mines Ltd .—1 Quebec Quebec Manitou Mines Gold Mines Hughes (1944) Mines Ventures Vilbona Gold Jan Blue 5,600 20c 23c 3.15 3.25 Bonetal Gold Bonville Gold 22,250 17c Jan 23c Feb 9'Ac Jan 16c 4c Jan 7c Mar 4.65 Jan 1.59 40c 1.59 300 1.00 1.10 30,520 40c 1.00 Jan 60c Ltd 6,235 38c Jan 45c Jan 7'Ac 12c Jan 8.90 1,100 7.90 Jan 10.75 Jan 3.20 3,200 2.90 Jan 3.70 Jan 5,100 7'Ac Mar 2.20 2.20 100 4%c 4%c 10,000 4%c Feb 5c Feb 1.86 1.96 2.00 8,400 1.20 Jan 2.20 Feb 96c 95c 1.03 7,200 12'A 13 200 8c 9c 4c 4c 1,500 11c 11c 100 2.11 Mar 2,500 11c 41C 1 E8c Feb 7c Jan 22 22 22 25 22 Mar 28 Feb 53 53 15 53 Mar 58 Jan 21c Feb • — 16c 13c 16c 12,500 60c 60c 63c 3,100 45c Jan 67c 1 6c 6c 6c 5,000 5c Jan 9c Jan 15c 15c 17c 19,450 6c Jan 17c Mar 13c Jan L1 95c Cordage class A 2.20 Mar Mar 1.20 Jan 15% Feb 8c Mar 13c Jan 9c 9c 9c 2,333 6.60 6.85 495 12 12 100 12 Mar Red British Light & Pwr 23% 24% 4,697 22 11c 4,500 32 3,015 com.* Lake — * common Preferred 31% 25 British Columbia Elec 4% pfd British Columbia — 100 84% 100 preferred British 23% 1 American Oil 4%% — 100% Forest Products 10c 31'A 29'A 29'A 84% 84% Packers class Jan 7%c 8c 6,110 5%c Jan 15 15'A 160 13% Jan 16% Mar 13 13 13 74 9'A Jan 15 Columbia Power 31% 31'A 32 580 28% Jan 5% 5% 1,000 99c 99c 8,600 class A • Class B * Porcupine 1 5%c Feb Buffadison Gold 14 Feb Buffalo Ankerite 99c 1 Jan 1 9'Ac 10c 1.36 1.50 Buffalo Canadian * 28c 26c 23c 28c 7,000 25c Feb 33c Jan Buffalo Red 1 5'Ac 5'Ac 6%c • 33'Ac 33'Ac 34c Jan Feb Building Products Bulldog Yellowknife Gold 1 Feb 6.50 Feb 1.08 Feb 9c 4,100 6c 1.48 32% Jan Jan 12c 1.20 95 22c27'Ac Feb 1.10 Mar Lake 22c Stocks—— - Jan 1.70 47,000 23c 5,100 Jan 5c Jan 31 Anaconda Oil Oil Co Co Oils Ltd——! Central Leduc Decalta Oils Oils Ltd Ltd—=._T Home Ventures Oil Co 8.90 2.45 2,000 6.65 Mar 8.90 91c 900 27c 22c Jan Jan 25c 2.30 23c Feb Burrard 35 17'Ac Jan 1,900 6.15 Jan Jan 2.29 Mar 17'A 17% 2,460 1.40 Mar 14 Jan 1.65 Jan 18'A Mar 18c 18c 6,000 1.76 1.76 1.76 200 1.70 Jan 2.25 1.34 1 1.32 1.34 3,900 1.24 Jan 1.34 Mar 10c 18c Feb 10c 3,094 ^ 10c Mar 23c 1.15 1.15 1.08 1.02 1.08 12,100 85c Jan 23c 26c 6,500 22c Jan Feb 725 85c Jan Feb 1.60 Feb 1.08 Mar 30c Bread Range Preferred preferred Acadia-Atlantic Shares A * . Canada Foils Class 16% 8,040 7.50 12'Ac ll%c 12'Ac 29'Ac 28%c 1.35 25c 4.70 —1 Low Range Since Jan. X High Low High 55'A 3,335 42% Jan 61 25 25 25 % 950 24% Jan 19% 19% 20 1,020 7% 7% 400 19% Mar 7 Gas & 1 Oil * Agnew-Surpass Akailcho Alberta 1 Cons Co 0 _ of Canada pfd 25 Larder 34c Feb Petroleums & Cable Jan 56 Jan Jan 75 Feb 29 29 29 335 29 Mar 6 Jan Canadian 21% 18c 5,606 class A_ 12 12 12 235 — — " — — 11'Ac 10'A Jan 8% 75 Jan 13% Feb 29c Chimo Jan 90 Mai- 10 Feb Feb 19% 19 19'A 1,500 17 Jan 20'A Feb 26% 26% 27 I,380 24'A Jan 27% Feb 15% 15% 275 13% Jan 17'A Feb 18 18 18'A 325 16 Jan 19 Feb 60 59% 17% Mai- Cochrane 8,500 7'Ac Jan llc 3.20 qqIji T Jan 14 14'A 3,950 12c 1,500 12c 7'Ac 2.90 -- 29 1 ____— Class & Sons yor iootnotes page 43. 2.10 1 56c 56c 60c 10,450 Jan Jan — 1.21 18c Lode Cochenour Mar Feb ir\ Dunlop ^x.._ class ■!-» A— 19c II,200 Jan 30c 6,000 9c Jan 20c 84c 4,782 75c Mar 1.16 1.22 5,700 96c 8c 8,500 7c Mar 48c 8,200 42c Jan 28c — 22c 27c 30c 13,000 3-30 860 22c 25c 23,400 15c Jan 72c 79c 87c 54,000 1.60 1.79 4,900 * — 27'A 17% 17% 1.40 25 15'A ,4 588 22% 12c loC 4,900 27 28 12c Mar Mines — Jan t/unooiiuated Consolidated Bakeries Astoria Feb Consolidated Cordusun Oils 2.35 Jan 13% Mar -5 — 1.35 Jan 1.80 10c Feb 16c Jan 9 Feb 78c Jan — -- 100 1-f3 10o'4/c 8/4 8 A 150 4,000 Jf, 7% 2 55c 55c 59c 4,450 50c Jan -1 105 1.01 l.u/ 11,350 88c Jan Consolidated Mining Consolidated Press . 39'A Mar 46 1 38c — - 9c 38c 39c 6 87'Ac Jan 1,750 80c Jan 1.95 Mar 43 & Jan Consolidated Quebec 1.95 Mar Consolidated Smelting A Rochette 1.32 95c 5 * Gold ;—2.50 140 — -— 1 — 100 , 160 Jan Consumers Corbv Gas Conwest Exploration 63c 61c 68c 35,100 46c Jan 75c 46 Feb 46'A 150 _J 40'A Jan 47 Feb 24 115 17 Jan 27'A Feb 10% Jan 12 4,000 40c 52c Jan 1,120 38c Mar 52c Jan 21,700 8c Jan 10'Ac Jan 139 142 y2 1,454 Jan 154'A Feb 4/c 9c Jan 8% 8% 1 25 1-25 500 13c 13 Ac 1,500 60 126 6% Jan 1.25 Mar 12c 40% ll'A 40% ll'A 40% 60 50c 48c 22 22 22 100 10'A 10% 10%. 200 50c (Hi Class 3,300 39% 45c 20'A Feb Mar Feb 9% Feb Distillery class A B Paper Imperial 41% Mar Craig 70c Feb Crestaurum 22 Feb Crown 11" Jan Bit 160 161 84 2.44 8,950 * 2.42 * 13% 13'A 14 1,060 — 12% 12% 25 — 28'A 28/a 19 19 I''*,.?/2 13c 16 Ac 10,025 Box * Mills. * common Trust Crowshore — * Corrugated Cosmos 4.782 8% Mar 1.30 Mar Feb 16c 2.35 160 Jan Jan 165% Feb Jan * Feb Jan 46'A 24 1.24 9 Ac 4'c Jan class Jan Jan 5% Mar Feb 4.250 Feb Jan 9'A 1 90c Jan 1.85 1 Consolidated Beattle Mines 32'A Feb Feb 17c 90 1 1.95 "32 1,650 Consolidated Duquesne 1.05 : 13 Consolidated Howey Consolidated Lebel Oro 1.95 17'A '■ Jan 2.10 Jan 1.00 1.98 13 Jan 1.95 Feb 98c Jan Jan Feb Mar 2.05 12c Mar 33c 13 Jan 40 Jan 2.10 * Jan 28% Mar Feb Jan 4.50 " Jan Jan Feb - 3§c Jan Mar Feb 1 Jan 7% 1.10 Mines __ Patricia 0 1 100 1 — — 16'Ac — 14c « .... 1.75 Jan 2.50 Jan 10'A Jan 17% Feb 11 Jan 17'A Feb -.50 ,,.25'A Jan 2a'A Mar 70 17'A Jan 22 100 128 128 30 14c 19c 14,700 7'A 10c 126 11c Jan Jan Jan Jan -'Feb 8% 19c 130 23c ; Feb * ... National 10c 3.65 21c Jan 13c Mar 85c * 1.45 Jan Jan 80c ■ 310 1-79 • Conduits 1.02 Jan 7c 45c - Commonwealth Petroleum 3.00 74c 12c 12 Ac -1 — ...I 2.60 Jan 82c 1 36c - 31'A Mar Jan 8c 1 Plow kp Jan 55'Ac Mar 16c Feb Feb 45c * Willans 32'A 45'A 1 1,333 Jan 1.02 * 12c Feb Mar 22 -1 30c 370 1 19c 50c Mar 1.124 • see 2.05 23,100 18c „* B 500 2.45 10,750 ,—1 A 200 2.40 2.35 7c 42 25 class 30 2.35 1 Jan 23 102 Jan 29% -* Feb Jan 2.37 — 81'Ac . Mar 2.35 1 20c 40'A „ Bertram 27 " Jan 36'A Jan 40 Feb Jan 400 Jan 13% 7c 40 * Bros 85 715 18c 39'A • Telephone Bellekeno Mines 40 18% Mar • Bell 40 18% 15'Ac Mar Mar 90c Beatty 15% Jan _—* . 40 5 40 63'Ac 65c 18% 6% 40 26'A 9 40 1,775 100 68 23'A •- Jan 25 29'% 29 23'A 5% 29 29 Jan 7,000 7% 5'Ac Feb 50'A 28% 5% ■' Mar 361 27'A 7'A 19c 22 2 28 Mines Coniagas 7'Ac 80 Feb 3.30 Mar 13% Mar 12c 20c 400 23 370 Jan ... Cockshutt 7,300 — 60'A 23 370 Jan Mines 8'Ac 2.35 — 370 50 ——1 Silver 8c Feb 2.41 Mar 15 Jan 76 - Jan 18 — Cobalt 2.79 15c Jan Jan 28'A 9 99 Ltd— 3.20 Jan 61'A 25% Mar 105 -— Mines 8'Ac 2.05 74 405 535 class A.....: Citra-Lartic Jan llc J Class B Jan 15% 10 Metals Mining Bathurst Power class A 43c 95 2,630 69 5,750 Gold 16% 15,700 69 Feb 16% 23c Feb 1 Chesterville 12'A Mar 3.30 50 23 Research Feb 88 8'Ac Jan 67c Cheskirk Mines 29c 6,000 20c 10 Base 20'Ac Jan 13'Ac Jan 120,025 7'Ac 43% 1,470 Jan 13c 3.20 1 - 8'Ac Chromium 9,000 120 10 . 2.32 __ 45% Feb 12'A 5% — 13% 2.22 2.28 Feb 45'A 101 Central Patricia Gold Mines Chemical 10 Mines Feb 12'A __ Jan 37'A * Mar 20 54'A Jan 22 ;. 12c 1,785 Jan Jan 24'A 100'A Oil Porcupine Centremaque Gold —— Barymin Co Ltd 6.65 Jan Leduc Charter Oil Co Ltd 25,400 1 Traction 4.60 Wirebound Trethewey Feb 87 _ Barn at Central Jan 11% 36'A 48'A 59 * Feb 38c 11% Mar 45 65'Ac — Feb 74'Ac 11% 290 33 25 3.15 Castle 32 34 50 33 100'A — Jan 21c Toronto Canadian Feb 22'A 39'Ac Mar 12'A .—.—100 Corp Vickers Jan B of Canadian Jan 3.25 Scotia Jan Feb Feb Jan 50 Feb 5c 1 Mines 1.14 13c 51% 25% common Railway 18c —1 Bankfield Consolidated Bank of Montreal Pacific 32c 14% A__ Canadian 1,000 31c __1 Jan 1.000 84 - 26c Mar Jan 9% * — __ 26,775 1 ——— Bank Jan Feb 8 50 11 " * Cos 13c 7,500 1 2.45 25c — Malartic Oils 22c 13,000 33'A Mar 14 22'A 25% — * common preierred 60c 7c 10 Aunor Gold Nova 18c 5% 12c __10 . of Canadian 22c 23c Jan 55 150 25 57c 21c 6'A 8 * Electric 12c 5%c Jan * common Celanese 58c 6c 19% * Central 22c 610 Jan 25'A — common General Canadian Feb 17,200 * Bank Feb Jan 33,400 100 21% 2.90 29% Jan 7% Feb Jan 21% 50 Mar 26'A 36c 12 ll'A - 10 preferred 35% 29'/2c 12 New 107'A __ 12 Canadian Canadian Tire 15,345 65 8 20 Canadian Mar Jan 30c Atlas Yellowknife 45c Jan 6.60 Feb Jan 24% Mar 91 76c * class Jan 6'Ac 84 (1937)- Aumaque Jan 15,800 6.25 -135 14 50 * Canadian Locomotive 37c 28 16.300 1 Mines 11 Jan 10c 30'Ac —„„ Mines Atlantic Oil Atlas Steels Jan 2.84 1.00 1 — Athona 9% 1.07 1 Hardware Barcelona 1,765 6,480 25 100 . Class B Bagamac 95% 7'A 50 class B——.—* Breweries Car 1.15 9c • — Class 18c 1 Ascot Metals Corp - 24% 1 common Gold Fabric 458 7 * __i Canners Jan 2.68 * Armistice Auto 1,000 31 2.10 Jan 14 — — * Commerce of Feb 5.00 Mar 49 Jan 2.70 1 Mines Aubelle 93'A- 24% 1 Res Aquarius Porcupine , 44c 2,850 1.35 Mar 32c Jan 53% 20 Bakeries Canadian 19c 1.05 • Ankeno Mines Consolidated 94'A 6.45 Rouyn Mines Ashdown 42'Ac Jan 3.90 20 * Bank Canadian 1.42 Jan 21c 8,450 166 — Canadian Feb 61c 9'/2c 1 Anglo-Canadian Oil Anglo-Huronlan Arjon 2,550 80c 6,500 66 B Canadian Feb Jan 1 • 58,881 1.35 4.80 2.49 ...ji-,-.———50 t' is r... ' 8% Feb 10c • Lead Argus Corp Preferred 300 1.38 1 Nepheline American Yellowknife Area 11 1.23 ,_1 . American Apex 11 1.23 30'/2 Ltd. Aluminum Anglo 1,200 0 Amalgamated Anchor 10,175 12c — Knife Steel Aluminum Anacon 36c * Yellow Pacific Algoma 34c ll%c Jan 25c 28'Ac 1.19 — Class A 34c ll%c Feb 1.06 52'A — Acadia-Uranium Acme 12% 65 10 Power 20% Mar Jan Jan 60,500 4.65 Feb 2.30 * common class Mar 5c 33c • Packers Mar 18 52'A Malting Northern 17 Feb 65 V, Foundry Machinery 10c Jan 2.45 — Iron Jan 52'A 25% Mar * 6c 15% 8'A Mar 20 - ... Jan i* common A Preferred 53'A 7% New common 120 preferred___~50 B - Canada Wire 55 20 class 35 18 • — , for Week of Prices * 13,500 17 18 — * Canada Permanent Mortgage Canada SS Lines common Sales Last common 8c 17 — __ Week's Par Paper 6'Ac Ltd class Canada Canadian Funds Sale Price Power & Feb 7'A Jan Toronto Stock Exchange $1.50 33 8c 1 Canada Abitibl Mar 35 235 — Canada STOCKS 28 Mar 8/2 £-• Oils Campbell Red Lake Canada Canada Thursday Feb * Petroleums Canada ■ 23 Jan 13c 1.15 * Jan 8c 30 A * Canada Cement common _j.dC Jan 18 8'A Calmont Oils Calvan * 12c 120 30 A Callinan Flin Flon_ Calnorth •0 1,900 20 A 8.90 Mar 1,300 1,500 1.35 1.50 ' 9'Ac 8 8'A —* Calgary & Edmonton 8.90 2.29 Jan 9'Ac _1 ———— common.— preferred 4.. —:— 2nd Feb 29c ... 29 * Caldwell Linen Feb — —— class A 2.70 Mar 3lc 10c i-td Burns & Co class B Caldcr Bousauet 1.46 17'A * 1.29 Mar Jan Jan Mar 12% Jan Feb 2.23 Ltd Oils 1,200 4.75 8.65 1.50 *> Phillips Oil Co Ltd Superior Oils Ltd Homestead 1.29 27c 0 - Western 8,500 2.40 * Co 1,600 27c —1 . Ltd Oils 12'/a 1.29 • Ltd 'National Petroleums Corp Ltd'New British & Dominion Oil Ltd Pacalta 17,500 12 12% ,—* Long Island Petroleums Ltd ■New 25c 0 —i— Oil 6.50 23c —1 Federated Petroleums Ltd Garnet Oils Limited Gaspe 6.25 25c Calgary & Edmonton Corporation Ltd-* Calmont * Burlington Steel — 6.45 * Feb 9c Jan Jan Jan / Bunker Hill • Ltd Ltd Jan 38c ' Anglo-Canadian Feb Feb Jan 4.10 850 — 9c 70c 5,600 1.40 Jap 3%c Jan Feb 7%c 10% 600 Feb 90 101'A 15'A 45c 1,000 Feb • Feb 1.19 32 Mar 35c 3%c Jan 84 99 36,200 1.19 Feb 15 41c 3%c Yukeno Mines Jan 34'A 190 25c 25c 16c * A — ,2'Ac Jan Feb Jan 29 Jan 12'A 27% Jan 29% 8.00 Jan 9c 55 Jan Feb * Columbia Class B Broulan Mar /2 99'A 100 40c _ 8c 6.00 Jan 10'A Traction 12'Ac Jan 6.60 • 0 British * Jan 4'Ac Jan Bralorne Mines 1.30 Mar 3.15 2.20 .—1 41c 3,610 Brantford Brazilian 8.70 1 1 8,700 5c 1 Brewis 7'Ac —1 — 46c 1 Bordulac 1.59 Mar Jan 3.15 1 _ 43c Jan 8.75 1 Ltd Ltd 2.90 High 43c 4'Ac 1 — Boymar 6,000 Low 44c Jan I Amulet Mines Ltd Wendell Mineral Products—; Western Ashley Minerals Ltd Oil Jan 3.35 Mar Range Si-nee Jan. 1 High 4'Ac 50 Bobjo Mines 25c Jan 25,000 Mines Ltd- Mines Jan Jan 2.45 Low * common.. —————~ 17'Ac 3,750 • Preferred 1,600 13c Shares 1 Gold— Corp 33,500 3.60 Waite Westville 1.60 Mar Ribbon 51c 11c — , 1.60 Mar 19c 21 %c * Mines 35c for Week 1 Kirkland Jan 5'Ac Ltd Mines 19 %c Mar Gold 31c 5c Corp Ltd Vinray Malartic Bldgood 3.30 Ltd Gold Mar 3.30 Ltd Fields LtdSilver Mines Ltd United Asbestos 7c 40c 1.03 Tiblemont Gold Tororit Feb 5'Ac Rock Iron Mines-., Sullivan Cons Mines Ltd ■ 3c 35'Ac I Steep Teck 4,000 19c Ltd Gold 7c 1 Ltd Standard Bevcourt 50C Miller Stadacona Mines Jan 11c Sherritt-Gordon Mines Ltd Biscoe 90c 2,500 23c 1 Santiago Mines Ltd Silver Jan 13,100 Sales Range of Prices Pa; 40c 30c — — Smelting & Refining Royran Gold Fields Ltd High 31,700 1.60 Mines Quebec Low Week's Last Sale Price 61c 1.60 38C .„ STOCKS *' Range Since Jan. 1 High 19'Ac — Chibougamau Goldfields—. 1 Quebec Labrador Development Co Ltd_l ' t - Shares 6c 19 %c ... Thursday for Week 54c 6c 1 Porcupine Prime Mines Ltd MARCH 23 Sales Jan Mar Mar Feb 1 Number 4997 Volume 173 . . (1309) The Commercial and Financial Chronicle . LISTED MARKETS CANADIAN RANGE - Thursday Week's East ' Range Sale Price STOCKS < Low Par 1 Davies Delhi A Gold Low High. 11c 12»Ac 18c 22c Jan Jan Imperial Bank Oil 10 Jan 32c Feb Imperial • 38% 37 38% 12,758 27% Jan 39% Mat Jan 24 Feb Imperial Tobacco of Caftada ordinary_5 12'A 12'A 12% 1,350 12'/* Jan 13 21c Jan 32c Feb 24% 24% 25 435 Ltd__l Mines 20'Ac 20c 22c 30,700 16'Ac Feb 28c Jan 5c 5c 2,500 35 33'A 35 145 8% 9 75 8% Jan 4% preferred Lake 1.48 1.48 1.50 400 1.25 Jan 1.65 Jan Industrial 1 Ltd 1.20 1.18 1.29 26,900 1.05 Jan 1.40 Jan Ingersoll 1 Acceptance Machine 17c 17c 20c 22,100 12'Ac 21c Mar 1 2 38'Ac 34c 41,250 4,715 Jan 43c Jan 28% Jan 34 Feb International Ltd • 18 "A 18'A 19 1,115 15% Jan 20 Feb 32 A 4 Inspiration Mining 29'A 39c 30% 29c 30 pfd $1.60 class 1 .. 10 Dominion Foundry & Steel common 283A 28 V2 29 23 Va 23 '/a 23'A « 44'A 100 44 44'A 101 common Invest Dominion 1 common 25 10 class B Textile Dominion 9'A 160 ll'A Jan Feb 95 46 Jan 47 32 1,400 27 Jan 34% Feb 13'A 13 13'A 780 12 Jan 14'A Jan —I 30'A Jan 36 50 20'A Jan 22'A Mar 15'/a 15'/a Jan 16% 13 300 10'A Jan 16'A 92,600 46c Jan 65c Feb 5'Ac 8c 68,600 5c Jan 8c Mar 14'Ac 16c 1.30 10'Ac 28,800 1.20 64c 1 13 20 68c 8.25 8.40 13.680 7,800 62c 6'A 9.65 Jan 200 6c 175 64 50 20'A 20 20'A 375 1 54c 53'Ac 56c 19,325 1 22'Ac 22'Ac 24c 36,500 22c Jan 12c 12'Ac 4,333 12c Jan 7'A 20 Elder Mines Gold 7'A 59 19'A 47'Ac Jan Feb Feb 8% Mar Jan 5'A 7'A 6c —25 Eddy Paper class A 80c Jan 64 . Investment 1.73 Mar * • Machine Feb 6'A Mar 68'A Jan 23 Jan, Feb Feb El Pen-Rey 1 — 58c Eureka Corp ——.— — Nickel Fanny Farmer Candy Shops Federal Grain common Jan 15c Feb Kirkland Federal Products 20% Jan 15,400 90C 90c 95c 82c 4,200 Fraser Cos Frobisher Jan 2.85 Feb 1.63 Jan 11 5,255 8.40 Jan 13'A Feb 17'A 17% 585 16'A Jan 18'A Feb 31% 30% 31% 440 30% Mar 33% 12'A 12'A 13'A 650 ll'A Jan 15'A 24 24 24 175 22 Jan 24 5c 5c 2,000 • 8.35 9.10 45,301 10'A 8.85 11 100 • 2.40 2.20 2.40 6,500 • €4% 59'A 65 2,855 Co * 42'A 42'A 42'A * 7'Ac 7%c 1,500 101'A 101'A 17 preferred-— Exploration Jan 10'A Gold Francoeur Jan 23% 11 —* common Motor class A Foundation 8c Jan 1.90 Mar 17'A —1 — Fleet Manufacturing Ford 1,610 2.20 " Petroleum Federated Fibre 5'Ac 22 2.00 20 • preferred— redeemable $1.40 4,000 21% • * 1 Players Famous 5%C 22 2.12 1 — Falconbridge 5%C 6c 100 —.—* 50 4'Ac Jan 4.85 8c Jan 1.40 35 7c 100 12'A Jan 2.70 Jan 3.50 3.70 6,725 95 94 95 91 * 2.30 2.20 2.30 30,900 * 2.27 2.20 2.29 41,150 1.45 Jan 19'A 19'A 19% 625 17'A Jan 105'A Garnet Oils Ltd Oils Ltd Garrison Power Gatineau • common 5'A% General Bakeries General Petroleum 1.25 Feb Mar Jan 55c Jan Feb 13c Mar 21% 50 20'A Jan 23 Max*- • 46% 46% 47 185 39 Jan 103 103 5 103 Feb 37% 39 9,335 International Petroleum • 16'A 16 Jacknife • 6c common Gold Jellicoe Mines Joburke Gold Joliet 1 _ 13 Jan 1,968 6c 5,500 5c Jan 7c Mar 28c 1,000 27c Mar 44c Jan 8c 10c 5,933 8c Mar 19c Jan 8'Ac 8'Ac 6,200 7'/2c Jan 10'Ac Jan 60'Ac Mar 1.10 Feb 8c 1 „ 1 64c 63c 69c 1.20 1.09 1.20 56,958 65c Jan 1 * 17c 17c 21c 8,100 16c Jan 24c Feb 12c 12c 12c 2,000 10c Feb 17c Jan 22c 20c 22c 12,350 13c 17 1 Gold Mines Ltd 15c • Jan 24c Feb 18'A 3,451 16 '/a Jan 19'A Jan 42,500 12c Jan 20c Feb 68c 1 — 50c 50c 500 37c Jan Kirkland 1 85c 85c 88c 7,700 85c Mar 1 12%c 12%c 13'Ac 6,000 • 1.17 Lake Kirkland Townsite Oils Labatt Ltd Ltd (John) Labrador Mining & Laduiama Gold • Feb Jan 1.12 1.20 19 1— 12,950 37c Mar 88c 500 87c Mar 4'Ac 4'Ac 4%c 4,500 4c Jan 6'Ac Jan 25c 550 22c Jan 35c Jan 8.300 19c Mar 23c 1 1 * , - Island class A — 5.80 15'A 5c 5.80 15'A 5%c 15'A Jan 6,000 5c Feb 5c 3,000 4'Ac 2'Ac 3c 2,500 8 8 100 8 14 14'A 865 24'Ac 29c 88,200 14'A 24'Ac Loblaw 3c 2c 3c 53c 50c 55c 1.05 1.05 1.06 12c * 81c Groceterias class • A_i B — 32c 4 33 6c/ 6.75 Jan 17 Feb 6c Feb Jan 7c Feb Jan 4'Ac Mar 8'A 4.65 Feb 95'A Jan Feb 35c Feb Mar 3c Mar Feb 55c Mar 1.00 Jan 1.20 1 Petroleums 4 1 19c * 15c 4 Hosiery Island Louvicourt 2.29 Mar Lynx Goldfields Yellowknife Feb Macassa 10c Jan Mar 14c 43,000 5c Jan 18c 5,300 55c Jan 1.09 600 31'A Jan 34'A Feb 100 31% Jan 35'A Feb 115 103'A Feb 109'A Jan MacDonakl 95 108% Jan 110 Jan Macfie Red 3.25 1,200 2.30 Jan 3.50 Feb Macho Feb 6.00 6.00 325 5.00 Jan 6.70 5.80 6.00 3,140 4.95 Jan 6.25 Feb — / 7c 8,832 7c 7c 9% 9% 17c 20c 19c 22'Ac 15c 16c Mar Mines Lake- 11 Feb 22c Jan 17%c Jan 35c Jan- 12c Jan 20c Feb- Jan 2.48 Jan 17c 31,200 II,500 1.82 Jan 1.95 1.91 2.00 10,755 98c 86c 1.06 39,094 11c 12c 6,000 9c Jan 15c Jan 6c 6'Ac 8,000 6c Jan 8'Ab Jan 1 — — 1 85c Jan 1.32 100 Preferred 1 1 Geneva Lake Yellowknife Giant Gold Mines 17c Lake God's 1 Jan 16% Jan 21% Feb Red Lake Gold Mines 1 2.20 2.15 2.32 4,870 2.10 Jan 2.75 Jan 4,260 18c Jan 30c 9,450 2.05 Jan 2.90 3,000 2c Jan 3'Ac Jan Jan 15% Feb 20 104'/2 Jan 106 Jan 16c Feb 22'Ac Feb Madsen Magnet Consol 7.15 3,496 6.10 Jan 8.10 Feb 3'Ac 3'Ac 4,200 2'Ac Jan 5c Jan Manitoba Maple class A 1 ———,—— 41c 4,000 37c Jan 58c Jan 19c 6,100 16%c Jan 23c 1 8'Ac 8c 8'Ac 3,600 Mar 14c Jan Marbenor Malartic Mines Ltd 9c 9c 9'Ac 11,700 12c Jan Marcus 4 • Mines Great Lakes Paper common preferred Coal A Class * * 8c 7'Ac Jan Milling Leaf Guaranty Trust Gulf Lead Mines Gold Gunnar —— Gwillim Lake Gold ; 5.75 Jan 6.85 7.00 9,890 5'Ac 10,063 6c 6'Ac 13,000 6c Mar 5c 5c 1,500 3c Jan 99 99 99 35 93 Mar 50 50 51 130 50 Mar 6'Ac 4%c Jan 7.40 Mar 9'Ac — Halcrow Swayze Halliwell Gold Massey-Harris 8'Ac Jan 8c 105 52'A Feb Feb Hard 16c 17c 3,000 12'Ac Jan 23c Feb 27c 1,500 17c Feb 30c Mar 34 35% 1,545 30 Jan 38'A Feb 48 270 46'A Jan 48'A 26'A 27 905 24 Jan 30 Feb 13'A 250 13 Mar 13'A Jan 9,500 9c Jan 21c Jan 15c 15'Ac 2,800 12c Jan 23c Feb 4'Ac 1.000 3%c Jan 8c 4'Ac * 1 1 15c 23% 24'A 1,150 13'A 24'A 13'A 90 Headway Heath class Grain Red McKenzie 38c Red 11 — Milton Mindamar 18c Feb Jan 4'Ac 95 21 22c 24c 32,000 11 470 11 14c 40,900 38c 38'Ac 6,350 lie 69c 13,300 11c 12c 9,000 8'Ac Containers Jan 25 Feb 40c Jan Moneta 10 Jan 12% Jan Montauban 6'Ac Jan 20'Ac 69c Feb 25c 62c Jan Jan 93c Jan 10'Ac Mar 18c Jan 9c 11,800 7c 500 44c Jan 76c Feb 10c 10c lie 26,000 7c Jan 20c Feb 4'Ac 4'Ac 4%c 6,000 6%c Jan 5 Hollinger Consol Monarch Feb Moore 15c ,15c 1,000 27% ?8'A 250 4.00 4.00 100 14 14% 2,952 Hoyle 1 Mines— Mining Hudson Bay Mining & Smelting Hugh-Pam Porcupine Huron & Erie 1 — 100 common For footnotes see page • Corp —. 43. 63c Mar Feb 150 10'A Jan 11% Mar 6,181 18% Jan 25 Feb 93 Feb 99 Jan 21c Jan 37c Feb Feb 10 62 35c 62'A 53'A Jan 70 45c 49c 6,700 44c Feb 54c Jan 4c Jan 9c Jan 33c 531 5c 5'Ac 13,500 9'Ac 2,598 5 9'Ac 13c 4.75 55c 5 12c 10'Ac — — — 5.00 „ 1.70 1.75 17'A 18 '2 4 17 9c Jan 13'Ac Jan 13c 500 7'Ac Jan 14c Mar 5.00 55c 5 575 3.75 Jan 5.75 Feb 72c Feb 12c 17,600 55c Mar 5% Feb 10'Ac Mar 50 Mar 5 500 20'Ac Jan 2.10 Jan 2.20 Jan 1.50 Jan 1.65 1.70 900 1.70 1.80 8,100 1.50 Mar 17'A 450 16% Mar 20 Feb 18'A 18'A 105 18 Jan 20 Jan 17'A 17 17'A 260 12'A Jan 17'A Mar 35c 1,361 35c Feb 44c Jan 45c 1,000 38c Feb 47c Mar 16'A* 17 1,405 16 Jan 19% Feb 24% 25 1,635 24'A Feb 29% Jan 26'A 230 9c 10'Ac • • 25 common —— 4%c Jan - 16'A 25 26'4 1 Mylamaque Mines 4,500 26'A 25% Mar 9c Mar 10'Ac Mar National Drug & Chemical & Grocers common Preferred — 10c Jan 18c Jan 29% Feb National Hosiery class 4.00 Mar National Petroleum 4.00 Mar 10 V* Jan 16% Feb B National Steel Car Mines Mar 12c Jan New Alger 52c 1,000 50c 67c Feb New British Calumet 1,235 55'A Mar 23c 24 %c 17,200 21'Ac Jan 142 5 57 142 58'A 125 Mar Jan 18'A Mar Neilson (Wm) preferred 62'A Feb 30c Jan New Goldvue Mar New Hugh Mines 145 New Dickenson Mines Malartic 9'A Feb 8% 50 8'A Jan 11% 227 ll'A Feb 12 12'A 220 12 Jan 13'A Feb 28 28 50 27% Jan 28% Jan • 29'A * • 1.75 30 Jan 29 'A Mar 29'A 455 1.75 1.86 8.800 1.65 Jan 2.40 30% 570 27'A Jan 31'A Feb 71c Jan 1.40 Jan Feb 103% Feb lie Mar 29 95c 4,350 103'A 103'A 10 90c * ——100 27 Mar 29% 1 Dominion Oil Jan 12'A ' 12% 102 Jan 9c 7c Jan Feb 14c 8% 4 20 Mar 24'A 27 ll'A common—5 5 Chemical pfd Drug National 5'Ac Jan 6c 23c Mar 45c 4,000 7c 58% 25c 1 6'Ac 7C — 13 45,500 —.—4 7'Ac 17% — Mar 48c ll'A 25% 98 Mines 14 17 50c .1 Yellowknife Hosco Gold 11 25c ll'A 22'A 98 Porcupine New Homer 41,134 35c 2,753 7,000 17 Oil 1,300 13 62 * common Knitting common Preferred Negus Home 5c Feb 60c 14'A. 5c 12% Feb Jan 49c * Corp Mining Jan 8c — 6c 16,100 34%c . 1 Corp Metals 17 60c * — * * Brick 21c — —4 10'Ac Jan • * Dauch- 25 Mining—w._1 Mexican Light & Power pfd—13.50 National & 25q * Mercury Mills Feb Jan 65c Highbridge — 12% Merrill Island Feb 2c 67c Heva Gold Mines Hinde 12'Ac Jan 1 * Gold 25 6c 11'Ac 1 Holden Mfg class B— Jan Mar * 5 Lake McMarmac 15 500 20'A 23c Hedley Mascot Mining Highwood Sarcee 8c 4c —1 1 Lake Gold McLellan Jan 1 Gold 6,000 • 100 Mclntyre Porcupine Jan 35,200 1 Lake 17'Ac 10c * A common Preferred 21% 3c 3c 1 Red 3,500 9c —1 McColl-Frontenac 12% 14c 15'Ac 1 Iron 13c 9c 4 Montreal Locomotive Head of the Lakes 11'Ac Jan — 13 Jan 13 1 Gold Hasaga 670 Feb 11c 12'Ac 26% 1 • 1 Rock Gold Mines Harding Carpets Harricana Gold 15'A Feb 47'A 34% ————4 Cotton 15 1 common new Matarrow Lead Modern Hamilton 15 Jan 25c 17c 10 1 1 1 * Lime & Alabastine class A Brass Hahn 2'Ac 1 Mid-Continent Oil Gypsum Jan Jan • 1 Gold McWatters Great West 23c 2.30 3c 2.20 2'Ac Jan McDougall Segur Grandoro 21c 2.30 • Eastern & 21c 1 Goldfields 19C 1 Bousquet Graham Feb 16% 4,170 McCabe — Jan 2,060 16,200 Class 40c 1 ..." 50 Goodyear Tire common Preferred Feb 3.95 19'A MacMillan Export 19c -1 „—— 1.85 Jan 19'A 18c Feb Martin-McNeely Goodfish Mining Jan 2.01 18'A 106 5c Mines 1.05 8,863 19'A 17c 50 20% Mar 7.00 Goldhawk Porcupine Goldora 46,350 3.10 19'A Jan 3'Ac 1 Golden Manitou 1.40 2.91 19'A Jan 17'A 1 — Mines Eagle 1.23 2.95 • 44 750 1 Mines Goldale • 1.29 1 • 145 20% 7.05 * Gold— Goldcrest Gold Gold Mines B 45 20'A Malartic Glenora Gold Gold 21 106 20% Feb1 1 Mines MacLeod-Cockshutt 44 • * Mackeno Jan 10c Mar 8'A 65 17,100 1 River 5.80 — \ common Jan 1 Mines 108 2.95 General Steel Wares Jan 5'Ac Mar 80c 82c 32c32'Ac 32'A 33 11c 7c Gold Mines Ltd class A Lomega Long 2.30 Mar 3.25 General Products Mfg class A Feb 15'A Mar 1 1 common— Class A JanJan. Jan 44c 5,500:. 7c Jan- 2c 3,700 6'Ac 2.40 19c 13,835 58,300 —1 Lac Jan 14 < 1 - Jan 5.25 — • 1 Long 1.84 5c • oils Gold Feb 20% I.U10 —— - — Leduc Consolidated Lexindin Gold 102 40c 2.30 -1 Mines Class 36c 3 — Little Feb Jan 2.21 5c Jan 12 40c 30 29'Ac 40c 2.30 270 Feb 1.14 Jan 26c 5%c Jan 55c Jan 8.50 1,250 10,025 • Mines Lencourt Gold aaa 10'A * 4 1 ... —_ Acceptance Feb 10'Ac 19c 24%c 10'A 1 Lapaska Mines Leitch , - 1 Lamaque Gold Lang & Sons Cadillac Lapa Rights 10'A • Mines Lavalie 24% 1 Ltd Mines Secord Jan Jan 3,340 40c 88c • "U" 9.60 6.10 8.60 38c Gold Laurentide Jan 8.35 Fortune Luz Feb 19% — Lake Mines 1.32 Jan 38c 1 Osu Jan 17'A -200 8.50 Mines Shore Jan 1 Dufault Lake Feb Jan 18c 77c 18,100 19 „ 12%c Mar 1.09 1 Exploration Mines Lake Lake 1.20 Mar 15cl8'Ac 17% 1 Kerr-Addison Lama 17'A Mar 16'A 5c * : Mines Larder Jan Ltd Keyboycon La Jan 42'A Mining Oils Kenville Kroy 52 103'A Mar 14,113 Quebec Mines Kayrand Kelore 36% Mar Fely 28c 1 Ltd Mines Jan * — 18'A Jan 8c — 109% 109'A 100 100 preferred preferred 5% 94 Jan 43c 25 38'A 48 . Jan 3.50 14 »A 1,500 12 • Feb 3.05 Jan —100 preferred Co 288 46c 12 100 70 Jan Mar Feb 9.10 Mar 10'A Mar 481/2 16'A 43c 21% class A Co Jaculet Mar 9 'A Mar 16'A 21% Preferred London Gair Metals Nickel International International Jan 7c 35 43c —25 - Lake Wasa Mining 1 1 — Estella Mines Ltd Jan 16'A com—4 Jan 32c Jan * Gold Sol Empire Brass class A — Lake Lingman " El Jan Jan 25% Mai- • Powders Bronze Feb 18'Ac Mar Jan 7.40 4c 31 Kirkland-Hudson 1.20 Mar 3,400 8.30 1 Eastern Steel Jan 55c 1.26 1 Mines Sullivan Mines— 30 22 49c 15'Ac * East Rim Nickel Mines 34 7c 1 East Crest Oil 33 12'A • Preferred 24% Mar 1 Inglis (John) & Co Jupiter 52c 15'A • common . Mar 22 33 1 Easy Washing Feb Mar 25 47 Duvay Gold Mines Eldona Mar Feb 15% 47 Woollens Economic 25 102 31'A Mines Malartic Feb 47 —23.50 — Dominion East Jan 13 317A Dominion Tar & Chemical common—* East Feb 25 Stores Donalda Feb 49 99 25 25 10'A 23'A 50 Coal & Preferred 14% 4 - : Steel 100 13'A Jan Jan Jan Mar • Preferred Dominion 147/a * 31'A 22 10 572 175 630 red sinking fund preferred_100 Dominion Magnesium Feb 40 28 665 25 Bank Dominion Coal preferred Dominion Scottish . Jan 205A Yellowknife Dominion Malting 36'A 135 12,900 Seagrams 4'A% High 31'A Mar 815 47,500 Minerals Dominion 32'A 22 Distillers Mines Low 31'A 27c Discovery Dome 31% Range Since Jan. 1 High 24c 25c 2 7'Ac Indian Detta Shares Low 21V* 1 Producers Rio for Week 22 Mines Delnite Del Range of Prices Par High 11c 17,500 Sales Week's Last Sale Price 27c . . (Temagami) 25c STOCKS Range Since Jan. 1 • j. class Ltd Oils Thursday Sales Shares • Petroleum Davis Leather Decalta 12VaC • IYArffcon Mines WEEK ENDED MARCH 23 FOR for Week of Prices 4ff 8'Ac 8'Ac • 1 1 1 1 1.35 2.99 1.25 32c 1.27 2.99 1.25 32c 13'2 c 13c 9c 1.35 3.10 1.30 34c 15c 7%c Jan 1.19 Feb 2.333 67,210 16,470 21,000 1.50 Jan 2.65 4.950 6,176 Feb - Jan 3.65 Feb 1.10 Jan 1.45 Jan 26c Jan 40c Mar 13c Mar 25c Jan , 42 (1310) * • - The Commercial and Financial Chronicle '. . . Monday, March 26, 1951 . —— . CANADIAN RANGE Week's STOCKS— Par New Newlund Mines New Mosher Newnorth Long Lac Mines New Jan 24c 11c 8,725 .1.79 Jan 2.53 Low High. Par Jan Siscoe Jan Sladen Gold —.1 10'Ac 1 Oils Malartic 4,000 6c Jan 10c Jan Southam Co •*" 24,700 13c Jan 52c Feb Bouu. 0 4%c 1,000 4c 7'Ac Jan 31,500 10c Mar 20c 5Vic Jan 12c Feb 9c Feb 14c Feb 5'/aC Jan 8c Mar Jan 6c 6c 6'/bC 9c 10c 30,300 5'Ac 5%C 4,500 9'Ac 93/4C 5,500 9c Jan ll%c Jan 21c 22%(f 20,450 17c Jan 30c 57C Feb 2,400 55c Jan 75C 17'A' Jan 20'A Feb 13c Jan 46V2C Jan Low 3.00 Jan 39c Mines a 9c 10c 5,000 40c 45c 3,533 36c Standard Paving common Preferred Jan 13 13'/b 2,400 11% Jan 195 12% Jan 26 Jan 313 % 9%C Nicholson Mines • Nipissing Mines 5 1.68 1.68 1.80 Nisto Mines Ltd 1 41c 40c 42c Stanley Brock class Class B _ • ■ 14 *' 19'A- '**«* 14 80 A 1.68 Mar Starratt 65 6'A 150 8'A 110 7'A Feb 8'A Mar 6c 6c 100 5'Ac Jan 7'Ac Mar 66c 2,000 * Gold __ _ Feb 15 28'A 8'A L„ _ Olsen 13'A Mar . 28 —- 21c 14 Jan 6'A ■ 6V2 _ _ 1.28 Mar 8'Ac Jan 42c _____ common 19'A 10c •* . Chemical High 19'A Mar 1,300 30,800 bianuaxu Stanuard Radio class A 1 17,321 60c 62'A c Jan 22,000" urazeau Range Since January 1 High 1.10 62'Ac 36c 4%c 1 Thurbois Shares 1.00 1.05 6'Ac 10c * of Prices Low 1 10c :11'Ac 4%c Rouyn Merger New 17c Stadacona Mines Pacalta 6,400 31c 32c —U New Norzone New 18c Sales for Week Range Sale Price 6'Ac , 1 Gold New Norsman High Week's Last Range Since January 1 10'Ac 1 1 Thursday 8TOCKS Shares 16'A . New Marlon Gold of Pi Ices Low Jason 23 for Week Last Sale Price MARCH Sales Range Thursday LISTED MARKETS FOR WEEK ENDED 64c _ ' 5'A 30 1 Jan " Feb 6V2 Mar Gold 1 Noranda Mines Norgold • Mines Noriartic Normetal Norpick Extension Denison Mines Inca Obaska Mar 8,825 13c Jan 29c 7c 6,300 6c Jan 9'Ac Jan 11,500 6c Jan 8c Feb 10 10'A 6c 293 28c c 16,135 8 3A Jan Navigation 63/4c 565 24c 11,400 2,420 22c 1.37 25,500 7c 5 8 VaC 16c 63,500 2.81 2.65 2.81 12,525 16c 18c 8,800 4c 4V2C 10,000 16 4c 127 127 300 63A Mar 127 300 335 5 5 V2 12c Jan 16'Ac Jan Mar 1,95 Feb 1.60 22c Jan 5 Feb Toronto Feb Toronto 127 Mar 136 Jan 3.00 Mar 3.10 Mar Jan Jan 13'Ac Jan Jan 6'Ac 1.25 1.25 1.33 23,100 5.50 Mar 1.10 Mar 1.70 Mar 1.40 1.50 9.75 9.65 9.85 543/4 52 Va 543A 295 91c 82c 4c 9,300 3,300 37c 41c 11,200 35c Mar 4Vic 4VaC 1,000 4c Feb 86C 33/4C 86c 33/4C 41c 1.00 5,500 Jan 7.55 4,600 1.75 Jan 52 lO'/s Feb 1,500 1.28 1.38 3,500 1.05 7c 8c 4,000 6c 30 303A . 7c . Xt. Feb Elevators Transcontinental 130 30 Jan 33 45 50 Mar 50 Mar 2.52 Jan Jan Union Feb United 4V2C 4%C 4,500 56c 59C 28,100 60 15 53 13 13 130 13 57c 2 '/a c 45C 45c 46 Vac 8,050- 30c 2,000.: / 1.70 32c 1.66 2,35 1.72 Jan 56c Mar 6%c Mar 82c Jan . 60 Mar Jan 4,500 6'Ac Jan 13c 2,200 30c Jan 45c Feb 21c Jan 38c Feb 2.25 Feb 15'A Feb 39 Jan 2,400 1.20 150 11'A 14 14. 14' ~ 16 37 85 37 16'A 55 12'A Jan 16 16 16 495 13'A Jan 113 113 100 Fuel class B A preferred Oils 42c Feb 61c Jan United 27c Feb 33c Jan Upper 5,527 Jan Ventures 1.57 Jan 1.95 2.35 2.52 1,700 2.00 4.65 6c 9,900 12,500 5'Ac Jan 8c 1 Jan 1.25 1.33 1.25 1.10 Jan 1.40 Feb Powell River * 69 70 1.00 1.00 1.02 1 Steel 26 253/4 3.10 600. 1,200,. 1,400 Jan 3.05 Mar Viceroy Jan 4.65 Mar Vicour 61 Va Jan 73'A Jan 1.00 s. Villbona Jan 1.15 Vulcan Oils 600 20 Jan 28 21% 435 15'A Jan 223A Mar Walker 1.70 18,100 Jan 1.80 Jan Wekusko Jan 22 Feb 20 50 3/4 52 55 34c 37c 1.32 1,500 140 Quebec Chibougamau 1 Quebec Labrador 1 21c 20c 22c Quebec Manitou 1 3.15 3.10 3.30 Queenston 51c 50c 56c 26 1,885 40c 44c 48'/a 26,808 25 Va 16 'A 4,200 1 20,824 Redwater-Piccadilly Petro Reef 1 23c 1 Petroleum 18c 38c Reeves MacDonald ; 8,600 34c 18c 2.33 50c Jan 52 Mar 52c Jan 28c Jan Feb Mar Jan Regcourt 23c 84c Jan Jan 241/4 Mar 29'A Jan 40c 56c Jan Mar Renabie Reno Mines Gold Waite Silk , class A * Robertson Mfg common Robinson Little common « 23c Mar 50c 24c Jan 38c Mar 130 4V2C 500 970 4,000 IIV2C Mar 14,140 58 58 35 55'A 20 20 58 18% 20 20 20 > 9.40 9.25 9.95 88c 741/2 c 91c 7,705 93,675 1 Western Grocers Class & 1st preferred Sherritt Sicks 3 Vac 3V2C 4c 15,600 22 213/4 22 Va 205 25c 30c 127,400 27C 39 % 38 78 Va 20 Feb 10,500 12'Ac 27c 25c Feb 39c 9'A 380 8'A Jan 10% Feb 1.90 4,250 1.63 Jan 2.35 Jan 25 13'A' 12'A ■* 2,557 10 19 60 15 10c 19 2,000 ' " 7'AC 8c 27,000' 7,100 9c 65c - 72c 16'A Weston 53 31 Jan 15 ' Jan 7'Ac Feb 233/4 18c 79 100 57'A 20 20 60 20 15 102 Jan 34c 34 10c . 24c 4,731 1,815 52% Mar* 60 Feb 7c 1,400 5'Ac Jan 10c Jan 4,000 5'Ac Jan 13c Jan '26c 5,705 24c 34c 17% 4,160 47 25 6c • • ■ 34 5 27c 34 * 23'A C 57,693 Jan 45'A Jan 2,980 2.38 4'Ac 9% Jan 93/4 14c 93/4 Jan 290 9'A Jan 10 1.60 Feb 12,350 59'A 85c Jan 60 Mar; Jan 3.15 Jan Jan 1.71 Feb 20c 9,000 1,000 10c 22c 13,976 19c 35'A 35'/a 460 46'/a 46'/a 230 51 '/a 51'/a 120 50'A Mar 20c 20 '/a C 52 18c 28c 35'A 20 VaC 1.65 2,200 3.40 3.30 3.60 34,261 20'A 20»A 50 • B * 1.35 Jan 27c 31'A Jan 371/2 45'A Jan 48 Jan 1.25 2.86 20 Mar 33'A Mar 35 Feb 22c 29c Jan Jan 33 1,020 30 Jan 140 99 Mar 15,500 35'A Mar 103 Feb 10c Jan 20c Jan 6,500 8'Ac Jan 14c Jan 1.15 7,300 75c Jan 1.30 Jan 5c 3,500 4c Mar 6c Jan 44 1,345 35% Jan 100 53 99% Jan 6c 6c 1,500 5c Jan 8c 98' Jan Class B 65 1.65 4,010 74c 82c 88c 76c 1 99 1.60 1.63 1; Zinc 88C 46 100% Feb Feb Jan 99% Jan Jan 2.06 Jan 84c Mar 20,350 50c Jan 90c 6,560 72c Jan 6 172 5'A Jan 2.50 Jan 3.50 Jan 1.01 Mar 1.49 Feb * 3.15 3.10 3.15 457 1 Yukeno Mines 1.55 5% * —_ 1.17 1.14 1.23 61,837 1.10 6 Feb Mar Toronto Stock Exchange-Curb Section Canadian Funds Thursday STOCKS Sales Week's Last for Week Range Sale Price of Prices Shares Range Since January 1 ' Par Newfoundland Asbestos Brown 12 __ & Canadian Low 934 91/2/ 113/4 205 12'A 6,550 ll'A Feb Jan 14 Feb 39'A Jan 53 Feb 9% Jan 49 185 11% 3,725 142 141 142 152 21% 100 48 ll3/a 21% 95 20% Jan 24'A Feb 55 .j, 55 25 49% Jan 61 Feb 24 24 100 20% Jan 24'A Feb 340 33 37 Feb * Sugar Fairbank's Z Jan 9Vb 49 11 Dominion High 7 ll'A _ common Preferred Canada 93A _ High * Corp Co Low • Morse • Investments Feb Canadian 24 Jan Canadian Western 129 13% 149 Jan Jan Canadian Westinghouse Mar Feb Feb Jan 21'A Mar Mar 1.52 1.64 35,100 85c Jan V 1.55 2.70 10 73A 2.70 500 9% 10'A 472 73/4 8 30 37 38 2.45 7'A Feb 420 36 36 353A 36'/a 280 29 Vb Jan 99 98'A 99'/2 295 98 Jan Jan Hayes Steel International Paper •„ common Minnesota & Jan Pend Jan Price Bros 8 40 Feb 39 Vb Feb 101 Feb 6'A Jan 35" ■ 71 73 30 2.55 2.80 460 35% 3,115 37c 8,500 73 Jan Mar 1.20 Jan 32V4 Jan ' 4,40 Jan 8% 82 Feb Jan 3.90 Mar 39 V2 Feb 40c Jan Ontario 53 55 38 Jan 57 Feb 21 60 18 Jan 21 Mar 62 55 55 Jan 67 Jan • 34 34 85 33 55 ; 1,672 52 Jan Mar 54 26 VB 25'A 3.50 3.65 200 3.40 Feb 30 29% 30 1,630 25% Jan * 0 26 %" 7.80 8.00 28% 7.85* • common Inv 34 30'Ac Jan 54% _ Paper 29% - 965 1,950 310 213A Jan 7.50 Mar 28 Jan 41 Feb 60'A Jan 2T 3.75 34' Feb Jan Feb 9.20 Feb Ta 33 Feb ' 1 Temiskaming Mining Rights 53 21 60 % » , 5 Southwest Petroleum Third Cdn Gen 36c -7% Oreille new 34% 37c 62 Jan 10'A 6,430 * * 1.68 Mar - Jan Jan 8'A - common Bridge 3.00 Jan 9% Mar Steel Dominion International Utilities Interprovincial Utilities 42c 3.70 73A 71'A • deHavilland Aircraft 30c 1,400 8 _ Disher 380 4.25 35'A Oil Feb 8,806 4.10 5 Jan 20 34 4.10 * Coast Copper 1.75 32c 34'A 1 • Lumber 4.60 20 • common Canadian Marconi 20V4 Mar Jan 30c 18% Industries Mar Jan • 43. & Feb .100 Class B 20c Jan 20 * Preferred 1.70 Jan 32c 50c Simpson's Ltd class A 17% Mar 47 14c 98'A • ; Knitting class A Dalhousie 1.61 20'A 1 Mines Jan Jan Jan 1 Silverwood Dairies class A Jan 15 35'A 100 43V2 6c Jan 16,200 • 1 Lead Canadian General 20c • Mining Mar Feb 99% 44 100 . Yellowknife Bear Mines Anglo 9,500 1.70 14 Feb Mar 1.02 —___;_100 * preferred. Feb 6c 20 common H) 105'A Jan 60 1.50 55c 4c • Andian National 2.55 1 preferred page Yale (G Feb 60 50o Gordon 1.07 * Jan 10c 12'Ac 1 1, Feb 50 Mines see 1 Feb 50 common Gold For footnotes Windward Gold Mines 90 2.48 20c 9.75 32 10c 20Vb Mar 20c preferred Silver Standard 1. Gold Jan 99 Winchester Larder common 15'A Jan 25c 12c 33 12c Mar 5'Ac 1.67 Jan U% 17 Feb 77 Va 1.48 1.22 533/4 47 1 Jan 21'A 28V2 40 Jan Mar 16,850 17'A _100 Feb 2c - 65c Feb 28 2,475 13'Ac 7'Ac Mar 50C 25c- — Jan 55 6c common Preferred Mar 16'A ,45C 17% Preferred Wingait Gold Winnipeg Electric Feb 19 14c 53 45c 1 f_t (Geo) 15 »A Jan 10% > W) Oils Z Jan Jan 7c Jan Mar 12'A 680 2.50 1.58 Mar Mar 5 Vic * Feb 91c Jan Mar 4,700 105 10% Mar 39'/a 105 l Silver Miller Mines Class 28 14 • & Breweries Bilanco 28 Jan 7c 23c - • (1945) Shirriff's 26 Vac 16'A Mar 1 preferred Creek 30c 93A Jan 1 Gold Rouyn Shawkey 3,875 1 Shawinigan Water & Power Sheep 12'A 95 9,000 99 Selburn Oil Co Ltd__ Warrants B 750 8c 1 Mines A Jan 49 Security Freehold Petroleums Class Mar 24c 1 Sarnia Bridge Class 30 1.0 Va 1 11% 7c ; Wright-Hargreaves 75 14 %; Jan Jan Jan 45c 9 '/a common.. Homestead Wood Feb 14 21 Va . Feb Mar- 1.75 8c ; A Western Feb Feb 7c I Jan , 8.40 59: Feb Jan 9'A • .- Jan 29 28% Jan i Mar 2.90 50 32c' 17c 122 Feb 1.80 1 (G 8c Feb 35 10'A 19% Mar 94 jan Jan 1.02 17% Mar 13c - Consolidated 40c 2.40 25 * . preferred Senator 10% 89c; 37c Jan 1.03 11 (Hiram) 3'Ac Jan 30 16 Va Mar 94c - 3.50 Mar Mar 18'A „ 31'Ac Mar 53 1 common Mines Antonio Jan Jan 30 • preferred Sannorm 5.00 6'Ac Jan 53 10 Oil Lawrence Paper San 2,200 78,500 23c V Bt Lawrence Corp common 1st preferred 2nd 4.15 Mar 4'Ac 500 6c 40c l Co Russell Industries 2nd 2.50 32 VaC 15 45C Jan 11'Ac Jan 57,100 1 Mines Rupununi Gold Mines St Jan 121,100 15 Royal Bank Ryan Lake 31c 39c 53 ; Long Lac Rowan Consolidated Royalite Jan Mar 28c t 3.00 185/B Western Ashley Mineral Western Canada Brew York Roche Roxana Oils 32c 18c 4.40 2.50 35c * Robinson Cotton 8'Ac Mar 3,800 5V2C * Feb 23'A Mar -12c Amulet Winora 73c Richfield Petroleum Riverside 7,500 21c 29c 1 Feb 29 - 2,600 Wiltsey-Coghlan 9c 4%C 1 30 : 25c 3.40 Mar Mar 4.40 1' Jan 50c ' 18c 25" 5,700 12'A West Malartic 20 1 Jan 965 16,200 __ 20 8'Ac ' Mar 29c Jan 1.53 43c 12 41c 71c 94c- Jan 1 Jan 52c 1 Mines 1.61 1 116 Jan 28c l.L Gold Violamac 21 Va 1 65c Mar 30c 45c ' Virginia Dare preferred • Ranwick Uranium Red Poplar Gold Mines Ltd 67c Manufacturing 1 Quesabe Mines Ltd 3,409 Feb 16'A Mar 8'Ac , 29c 1 Mines 1 26 50 3.20 • Mines Ltd Power Corp • 253A 3.00 1,050, 16 3/8 . 29,600 45c •" Canada Preston East Dome 52 253A • Pressed Metals , 26 9c Jan '' 4.40 40 25 3.20 25/ Keno Hill United 5 Vac * 39c ! 25'A 50, ■. preferred United 4.60 26 33c. 113 •. Jan 5 Vic 1 8'Ac 37c 1 Mar 1 ■„ 8'Ac Mar 1, Asbestos - Jan 37 •; Gas Class Jan 16'A t • / « Feb - 9c • . Mining United Jan 33c Feb 5'Ac 2.01 6,705 ♦ Resources Petroleums; Jan 3,834 34c • Transvision-Televislon Jan 50 2.00 • Trend Jan 1.45 10c 2.25 1.90 1 - Feb Jan Jan 32'A c 1, Jan Feb Mar 19c 8'Ac „50: Petroleums 1.17 93 101 Mar 33c _■> Trans Empire Oils 50c 10c 16'A Traders Finance class A 5c Jan Mar 72'A 100 32c » Mortgage Towagmac Exploration Jan 1.09 Mar 50 . 9c .—20 Toronto 56'A Jan 105 : 1.98 - Trusts Feb 3.75 r 2.20 — 2.20 • • . * General '6V2C „. Jan Jan 1 Jan 3c 2.85 78c Jan ' • _ Union __1 Mining 80 11c It Mar • Quemont 83 101 6,500 43,850 Jan Jan 11 3.50 Feb 82 * common Toronto Iron Works common-, Class A Tower 5C 100% 1.30 ' Ltd Class B 1.45 Porcupine Peninsular Porcupine Reef Gold Gold 1,000 3.20 1.09 Jan 10'Ac Jan 3.05 Mar 3.15 Feb 32c Purity Flour Mills preferred 5'Ac 7.80 1.00 ____ ___ 226 4c • Proprietary Mines 5'Ac 3.15 363/4 4%c Mar 100% Silver Mines 21c 60 ■; 150 115 1.08 _ Gold 5'Ac 9c -13 common Toburn Jan 4.25 -'Gas Gold 3.05 Preferred Jan Polaris Oil Rouyn 14,405 10c ... Teck-Hughes Gold Mines Thompson-Lundmark 3'Ac 1,176 ZIZZZZi Gold 4,800 8.90 «- ordinary __ Tombill Gold 5,000 ~ r. 43/4C 8.65 5'Ac 1 • Itiver Torbrit 9,497 common Mines Jan 34 4%c __ Feb 10c 1 jL.__ 30 3A 33% 3.05 L Petroleum preferred Jan 3.00 5V2C 1 People's Credit Securities Powell 5% Surf Inlet 14c 5c 10c Paymaster Consol & Supertest Tamblyn 10c —___1 ___ Jan 3 6'A Mar _ Mines Taxu 5 VbC * ; 18 Jan 8.70 1; Ltd Oils Feb 39c Mar * Ltd Jan 30'A — 7c 1 Gold Contact Jan Feb Jan 1 Oil Perron Gold preferred Sullivan Cons 39c Mar 1.23 1 Partamen Malartic Press Mines- — 22c 16'/a 1,300 4%c * _ Rock Iron 11'A 243Ac Mar Jan 50 32 'A 34 Steeloy Mining Sudbury 74c 17'A 313A Mar 1 Cadillac Pioneer 25c 6%C 24 3/4 1 Oil Jan 1 Mines Crow Feb Jan 6c * Malartic Pickle 15c 16'Ac 1.34 • Lake Petroleum 6.00 6%c 6'Ac —— 6%e 14c • Ltd Jan Feb • common t 15c 7c • Gold Penman's 4.40 4Vic Mar 11,000 15c 50 Western 15c 19c * Petroleum Parbec 18'Ac * i Page Hershey Tubes— Pamour Porcupine Mines Pan 19c 6c Rights __u Orange Crush Pandora Stovel 1.31 Omnitrans Exploration Pacific Coyle Steep Jan 23 %c Ontario Loan Pacific Feb 64c Superior ; Mines • Lake 5c Jan 19,704 101/2 Oils Orenada Jan Jan 16,000 24 3/4 C O'Leary Malartic Osisko 70 Va 3Vac 30Vic Jan 17'A 32 * Canada Sylvanite Gold Wood Orlac Red 1,080 85 of Preferred 9,500 5c Lake Mines Ltd Okalta Feb 2,500 5.25 common Selections 1.15 4c 4.85 1 Jan 80 4%C Ltd Gold 85c Co 37c 5c 1 (1940) Ogama-Rockland Oil Stedman Bros 4c 4.95 1 Gold Mines North Star Oil Oakville Jan 35c — — 35c * North O'Brien 78'A 500 1 Gold Mines 79'A 1.15 • North Nubar 1.15 1 _. Mining Northland 1.15 1 Mines Northern 60c 48c —. Jan Steel Nor-Acme _"_ _ * 40c 1 _ _ 40c 40c * 70 7c _ 2 7c 1,000 5'A _ 5'A 625 2 3 11,700 Mar 55C 6%cMar 10c 40c 4.80 2 Jan Mar % 3 Feb Feb Mar Mar Volume 173 Number 4997 . . The Commercial and Financial Chronicle . (1311) over-the-counter securities Quotations for Thursday, March 22 Investing Companies Mutual Funds— Bid Par Aeronautical Securities Affiliated Fund Inc .1% Ask .__1 Amerex Holding Par 5.24 47 % Aviation 13.12 14.38 l%s April 2, 1951 99.31 lc 82c 91c lc 1.23 Stock and Bond Group Co of America lc 16.43 18.00 1.80s June 15, 1951 99.31 1 11.48 12.48 1.70s 15, 1951 99.28 9.95 10.87 l%s i/ss 17.73 18.13 4.06 "4.40 .—1 11.35 12.34 .^-1 10 17 10.99 Investment 5 18.03 19.60 Investment 1 6% 7% Investors Management Fund Keystone Blair Holdings Inv Boston Tr 1 Corp Inc Fund 2% 22.13 B-l 22.68 1 2*8 20.58 America of 24.52 B-2 Bowling Green Fund Inc— Net asset Trust of Custodian Boston—1 1 (Investment Bonds) 1 (Medium Grade Bonds) 1 27.15 (Low 20.95 Priced Bonds) 1* 19.20 9.44 9.45 B-4 (Speculative Bonds) l 11.67 X20.20 21.84 K-l 1 17.84 23.39 25.60 (Income pfd Stocks) 19.47 K-2 27.88 Century Shares Trust 1 38.79 41.93 Chemical 1 20.27 21.92 8-2 (Income 8-3 (Appreciationcom Stks) Fund Commonwealth Investment Composite 6,075 -100 Bond Pfd & 6,225 140 1 Stk 15.78 17.16 25% 27% riolaware 16.78 1 Diversified Funds 1 Inc— 14.49 7.68 6.97 36.51 36.51 (Net Asset Loomis Stks)_i _ Value) 7.03 • (Net Asset Value) 10 52.70 Automobile lc 4.07 Business Equipment shares.lc Electrical Equipment shares_lc 4.15 4.58 4.43 4.88 12.57 13.78 General 10.73 11.76 18.38 Corporate bond series 11.39 1 10.73 Industry _1 Diversfiied Investment Fund-l 5.22 5.72 13.42 14.71 Diversified Diversified shares Industries shares—lc Home Furnishings shares lc 3.60 3.97 4.18 4.61 Non-Ferrous lc 4.26 4.70 Paper shares lc 5.26 5.80 Petroleum lc 5.18 5.71 Steel Metals shares shares preferred stock—1 11.84 12.98 Manhattan equipment 1 Mass lc 5.30 13.81 15.13 1 13.73 15.05 1 11.91 13.05 Mass 1 13.71 15.02 Mutual Metals 1 12.38 13.57 Mutual Invest 1 24.97 27.36 1 14.03 15.38 1 8.48 stock Oils : Pacific ooasi Public Fund invest Utility Railroad 9.29 8.81 Investors Ct's of 8.12 35.20 9.51 1 11.78 12.91 Tobacco 1 10.64 11.66 Preferred 256 1.82 2.00 ~ Dividend Shares Eaton Howard— & Balanced 16.30 1 15.16 15.63, Stock Bid Ask bl.80 1.50% bl.90 1.70% * 7.29 7.92 Franklin Fund Custodian Funds Preferred Fundamental Gas*Industries 1-51 bl„90 1.70% 1-51 11- 1-51 b2.05 7- 2-51 bl.95 1.75% 1.875% 3- 1-51 12- 3-51 b2.05 1.95% 8- 1-51 b2.00 1.80% 2.00% 4- 2-52 1- 2-52 b2.15 2.00% & Putnam 2 18.62 20.41 Republic Investors 1 18.20 19.68 Scudder, Com 1 66.12 71.10 1 5.70 6.16 Stock Fund_lc 8.32 9.12 Corp 24% Street Fund (Geo) Stk Fund Inc & (net Clark asset ' ' )y„. 26.55 56.19 13.42 63.00 8.79 9.63 State Street 9.08 9.55 Stein Roe lc 8.73 9.57 Electrical Equipment shares_lc 13.69 5.88 administered shares—lc Fully 7.97 General bond Industrial shares bond Fund Fund Inc.— Trusteed 9.59 11.67 Union Bond Fund series B Union Preferred Stock Fund United Income Fund Shares Fund Inc Industry Shares —lc 6.59 7.23 lc 11.05 12.10 shares lc 2.75 3.03 Equipment shares lc 5.07 5.57 Whitehall Railroad Steel Tobacco Utility 4.90 5.30 10c 1.97 2.14 Series 1955 5 30.25 32.70 Series 1956 1 • Incorporated Investors 350 46% 39% 10 43% 20 67% 12.83 Continental Bank & Trust 10 5% 21.29 Cprn Exchange Bank & Trust-20 64% Aetna Casualty & Surety- Bid County Trust Co. (White Plains, 4.49 2.64 16 10 Bank & Trust Fiduciary Trust 2.32 N Y) Trust Federation 10.50 10 21 33% Companies Insur Co of North America 10 Jersey Insurance of N Y 20 51 71% Lincoln 10 75% Maryland Casualty 69% 71% 10 28 30! Alliance American National Life_ 131% 76'/2 61 19% 20% 49% 100 292 301 100 x1,600 (J P) & Co Inc Manufacturers 92 95 Guarantee 25 Trust & 100 26% City Nat'l Bank & Trust Merchant Fire Assurance Merchants & Mfrs Continental 5 31% 33% American Surety 10 28% 30% National Casualty 25 54% 57% National Fire 10 65 68 National Union 103 109 New Amsterdam Casualty Hampshire Fire 54 56 New York 2iy8 23% North Automobile — 25 r 10 Camden Fire 5 — Connecticut General Life- 10 109 Continental 10 67 70% 35 36% 49% 52 % (Detroit)—10 10 Fire 5 2 35 60 34% 39% 10 Crum & Forster Inc Northeastern 10 Federal Fire 27% Fire Assn of Fireman's Phila 12.50 47% 49% 7% Fund 58% 5 10 84% Phoenix 72 Preferred Accident _10 60 63 Providence-Washington 10 51 54 21% 22% 5 Reinsurance Fire Corp 156 * (N Y) & Marine 2 8% 36 12% 122 55 Seaboard Surety 12% 13% Security 18% 20% Springfield Fire & Marine Standard 10 preferred Great American 15 5 95 33 _ 34% Travelers Hanover Fire 10 32% 34% U S Fidelity Hartford Fire 10 125% 129% U S Fire S Guarantee Hartford Steambciler Worn* 10 5 Carolina • 35 37 U 37% Wpstchester Fire 2%s .—1980 & Pow Lgt 27/8S_198J 58 20 57 Tower Grove Bank & Trust—20 58 Bank Trust & Trust 100 57% 60 60 160 . Han rrancisco Bank of Amer N T & S A__6.25 Ask 98% 26% 9% 38 126 Bid Bonds—(Cont.) 98% 97% Tenn 27/as_1976 28% 2%s—1980 1986 97% 1971 Reconstruction 69 N J 34% 36% Potomac 44% 35% 97%. 97% 98% Ask 4.60% pfd_100 104 105% 4.60% pfd-100 101 103 99% 98% 99% 2y8S—1981 97% 98% 1990 97 93 2%s__1985 97 98 100 Gas 4.64% Texas Transmission— preferred Eastern 4%% 4 10 2 590 605 Bell Tel Co 2%s a share Elec Odd Power lot sale stock, of Included In year's d Deferred delivery sales (not Tide Pow ,-100 99 101 106 107 Transmission— preferred 100 46% 33% 97 Co Tenn !—1976 3s—-1975 Power England 65% and 3s Cons 98% Florida Pow Corp for Gas Development Michigan 98 97% Bid Stocks— 98 Alabama Bank International Ask 97 Transmission— Gas 3%s 96 95% Edison Virginia Elec & Pow 98yfl 97 Calif Southern 99% Gas Elec Lgt & Power— 2%s 10- Guaranty Co__2 35% 54% 25 Uni0n Louis Public Serv El & Gas 2%s__ 1980 1980 10 100 & 25 Electric— 27/8s 10 Accident Mississippi Valley Trust 53 Security Issues Bid Atlantic City Cons .—10 52 % Haven) 14 2% 5 2nd Recent Bonds— New (New Nat'l—100 Bank Mercantile-Commerce 655 Commonwealth Edison 27/sS_2001 31% 5 . 640 16% 2% Globe & Rutgers Fire common_5 Republic 175 Bank—20 Bank 96% 100 81 28% & 170 300 Savings 77 29% 26% Globe 26 Mercantile-Commerce B & T-100 257 285 & 15% 10 10 Glens Falls 92% 250 Trust 61% 5 "(Texas) Republic St Paul General Reinsurance Corp. 149 10 79% of Frisco. 33% 100 8% 25 69 Firemen's of Newark 215 100 28% Indemnity Co Peerless Casualty Co 10 . 200 20% Pacific 10 Fidelity & Deposit of Md National Bank & Trust Borden Co Pacific *' Employees Group Assoc Employers Reinsurance 100 First National Bank 42% 18% 3.33% ; 24 United 36% 10 2.50 Northern 42% & Trust_20 National 36% 5 ' Fire River 36 51 Exchange 62 34% Nat'l 40% Illinois Northern Trust Co 32% 38 34% Casualty 113 8% 58 % 35 B% Harris New Bankers & Shippers Boston 8 54% 56% Mutual Bank & Trust 29% 4 52% 17 257 247 20 20 st 25% 22 7% An ' 27% 22% . Chicago 5 20% 12 101/ First National Bank ' Massachusetts Bonding 20 % 41% Louis 49% 26% —2% gt 47% 44% __ 56 25 24% Casualty_5 39% r Boatmen's 41% A /. Amer 5 Re-Insurance 54 253 ■ 51% 102% 4 American 20 . _ 259 52% Newark , First ^aJ;!01?al ^ United States Natl Bank 49% 99% Automobile Fidelity 1,650 100 20 Equitable Assur_ of .20 Portland 30 American Amerlcan 340 Nat'l Bank & Trust__100 & Trust 20'A American American 320 t u Pittsburgh Peoples First National Bank 58 10 United States Trust 80% 1 common Prior 74 Angeles Mellon 28 Title preferred 10 $1.05 Convertible preferred—5 $2.10 72 Los Sterling National 55 25 Agricultural Security-First National—25 Public Nat'l Bank & Trust—17% Ask 95% 10 Life Detroit 35% 20 Morgan 56% Aetna of 23 10 National City Bank New York Trust 127% Bank 42 1,300 Industrial Bank of Commerce-10 91% 10 33% 40 107 100 1,240 Square, N Y Guaranty Trust 54% Aetna Insurance 38 • Franklin National Bank— 2.75 Bid 32 10 41% 39% 103 10 — First National Bank— 4.97 Par Commerce—10 of • Franklin Ask 30 395 36% , 66% 20.48' Manufacturers Trust Co, Par 28% 375 n 5% 9.23 1 Ask 70 Irving Trust Kings County Trust Insurance 16 Bank National Commercial National Bank & Empire 1 ___ 100 Trust 45% 6.56 Union 41% Chemical Bank & Trust Unit Type Trusts— Diversified Trustee Shares— Series E 2.50 Independence Trust Shares 1 Bid 97 6.19 Trust Co. 20 Co City Bank National 48% 94 12.68 North Amer Trust Shares— Income Foundation Fund 10 335 11.67 4.14 6.62 100 Bank National Central Cleveland Avenue 22.81 1 4.66 Fifth 1 19.05 6.03 33% 1 19.52 Inc., Par Ask 31%. 15 1 4.24 Co—10 Central Hanover Bank & Trust 20 1 lc Manhattan Bankers Trust 95c Bid Cleveland the Chase National Bank Wellington Fund 7.38 Inc 86c 12.57 8.28 5, N. Y. Teletype: N. 1. 1-1822 York of 19.34 1 1 Investing Corp 7.55 New York Bank of New York & 14.21 6.00 Fund Par New 10.59 14.21'' 1 lc Fund 1.3 Banks & Trust Companies 63.58 13.14 Value Line Fund Inc Wall Street 6.73 shares ; 13.04 Science Fund lc shares Plan United lc stock shares shares 9.72 25c Wisconsin Investment Co Bond 1.34% 1.34% bl.44 City Bank Stocks 5.66 8.31 10.53 Railroad 8.43 1 Texas 7.58 shares 1.32% bl.43 1951 21, Telephone: WHitehall 3-2050 65.50' __l 9.49 9.61 Petroleum 1.30% bl.42 bl.43 — 14, 1951- Incorporated Bank 9.51 lc shares 62 94 1 Inc -lc Priced Merchandising shares Mining shares Howe Technical 7.70 25 10.65 Investing Company shares—lc Low RR Inc 9.59 shares—lc bl.42 - 1951 1.30% Kugel, Stone & Co. 56.19 Television-Electronics 8.74 June New York Farnham 8.68 Machinery shares lc Institutional Fund Investment Corp_* & 8.66 lc 1.28% 7, 1.30% 26.19! lc 5.36 June Ask bl.42 bl.42 — 14.51 24.68 lc. 12.50 June 1.25% 26.55' value)-* Aviation lc 1.25% 20 Broad Street 8.44 shares 1.25% bl.40 1951 1951 May 31, 1951 24, 3.40 7.70 Food May Primary Markets in 19.45 3.11 lc shares — 14.14 18.09 Automobile shares Building shares Chemical shares - Clark (net asset ve Scudder, Stevens Fund, (The) — May 17, 1.20% bl.42 1951 1951 April 26, 1951 May 3, 1951 May 10, 3 951 25 13.72 1 Fund 20 1 Inc Fund Selected Securities— Common Bid 1.05% bl.40 —_ bl.40 bl.40 1951 5, 26 »/4 Amer Shares 2 % Shareholders Trust of Boston—1 Sovereign Investors 1 Group Bills Ask bl.40 - 4% 1 Stevens & Capital 1951— 19.33 4% 5 Trading Pine 6.83 Investors Trust Bid 29, 4.83 17.98 1 7.69 General 4.41 England Fund 7.02 General 1.90% 5.61 Pacific Amer Investors com—10c $1.50 preferred 5 6.23 Inc 2- United States Treasury 8.49 5.13 Natural Resources Fund Inc lc Fund 1.85% 6- 1-50 6.39 lc Investors Inc_ 7.77 Petroleum Inc— 1.90% 2-50 5.05 series stock 1.85% b2.05 1-50 9.60- Series series stock Common Ask b2.05 1-51 9- 8.17 5.85 2.69 Founders Mutual 7.48 Priced Com Stock Series.l 2.45 New Rid 4-51 10- 6.60 Inc_l 6.28 Due 9- 2-51 1- 10- 7.93 4.62 35.66 34 7.26 1 32.99 5.68 Dated 12-1-50 4.40 5 32 % Rate 11- 12, 8.78 Fidelity Fund Ino 1 Due 1.65% 19, 6.04 5.15 10 1955 1.70% April 4.03 4.97 Corp 15, 1.80% 12.58 1 20c Boston March 1.75% 1-51 11.64 1 Inc First Mutual Trust Fund 99.7 2-51 April 1 Industrial Stock Series Selected Group Series First 98.18 99.4 5- 16.27 _1 Stock Industrial Fund 98.19 98.15 4- 15.16 1 Series 31.96 22.46 Financial 98.16 15, 1955 l%s Dec. 1-50 April Series 29.89 Low 15, 1954 l%s .9010 3-50 1 Series 21.00 Fund l%s March .9075 Dated 1 Series 1 Equity .9326 99.8768 8- March 1 Bond Speculative .8932 are 99.9115 7- 17.62 1 1 Fund Stock Fund below 99.8677 1.40% 1.40% 16.48 1 series Income shown 17.27 Fund Inc Low Priced Steel Bond Ask 99.8572 1951 in 32nds .9538 1.40% 38.05 Inc_l Inc National Investors Corp_ National Security Series— 8.04 8.68 1 Fund Boston Securities— Balanced Fund 1 Equipment Values 1, 8.90- interest—1 2nd of -1 Railroad .9561 , Bid Notes—(Cont.) Trust— beneficial Investors Fund 1 %s Nov. Maturity- Rate Natlon-Wide Insurance Ask .9561 99.9401 5.84 lOo Bond Fund Inc Machinery Merchandising Electrical 97.8 Federal Intermediate Credit Bank Debentures 4.49 9.49 10.63 11.65 16.77 96.24 99.8 52.70 866 1 100.8 Treasury 1951 "D" 1%S Aug. 1, 1951 1%s Oct. 1, 1951 1%s Oct. 15, 1951 Sayles Second Fund— 1 supply 99.4 99.28 99.9377 l%s July 1, 11.01 com Fund 1 stock 98.28 99.9401 Treasury 6.36 Priced 13.22 Chemical *' 18.85 1 — Building 17.27 1 - Aviation Bank l 1 Automobile l%s Jan. 1, 1953-1951 2%s Feb. 1, 1955-1953 l%s Oct. 1, 1957-1955 inn 100 Dollar Price Managed Funds— Agriculture 119 Bonds— 99 Bid 10.07 (Low Knickerbocker 18.45 1 _ Fund 19.54 Maturity— 35.91 17.90 1 8-4 7.24 6.66 Consolidated Investment Trust_l Fund Inc 32.92 1 Stocks) com Notes— 1%S July 1, 1951 "B" 1%S July 1, 1951 "C" 145 Land U. S. Certificates of Indebtedness 12.73 Lexington Trust Fund 25c Loomis Sayles Mutual Fund— -100 com_ A*k 99.4 11/4S May 1, 1952-1950—; 99.30 99 99 99.29 Bid Panama'canal13a!::il~;:i961 11?" Federal Bank 100.1 30.42 1 (Appreciation pfd Stks) 1 8-1 (Quality common Stks)_i Securities 1951 1951 pom* 28.18 B-3 Preferred 15 15, a 28.40 25.84 5 Broad Street Invest Corp Bullock Fund Ltd Christiana Nov IMOV. of Issues Central Bank for Cooperatives— 100.1 Funds— _10c value Aug 32nds more or Other 99.30.100 1.12 1%5 Maris, 1951-— .—I one Ask lc Axe-Houghton Fund Inc— Axe-Houghton Fund B Bond Bid Group shares Bank Group shares Insurance Group shares American Mutual Fund Inc. Corp Figures after decimal'point represent Ask Federal Home Loan Banks— American Business Shares_. Beneficial Bid Institutional Shares Ltd— 4.84 ._10 Corp Obligations Of Government Agencies Mutual Funds— Water $1.35 Power Co— preferred —35 27% 28 b Bid yield price, c Ex-dividend $2 and 1/20 included in year's range). e Ex-interest, f Fla. range), (not k Admitted to listing on N. Y. Stock Exchange, n Admitted to trading N. Y. Curb :r Cash tEx-llquidating dividend. (Un) Admitted to Unlisted Trading 49% 51% price, 67 70 sales 91 95 privileges, 22% 23% (not included in year's range), •No wd When delivery, value, tin default. par issued, x Ex-dividend, y Ex-rights, z tThese bonds are subject to all Federal Uxco. wl When EX-stock dividend. ; 43 44 (1312) The Commercial and Financial Chronicle ■THE COURSE OF BANK CLEARINGS Bank clearings this week will show Preliminary figures compiled by us an based increase with compared be 17.6% above those the of a Third ago. Federal corresponding week last week in 1950. Week Ended March 24— 1951 Chicago 739,845,763 694,807,213 — 259,883,053 +22.0 Cleveland 334,261,000 349,786,079 + 28.4 3,010,718 1,013,000,000 2,732,034 5,626,651 + 27.3 5,200,130 5,945,664 2,596,981 + 46.7 2,581,876 5,539,073 + 32.1 14,611,980 ' (11 cities) 13,416,443 4,814,266 14+36,975 2,307,313 4,573,636 11,345.086 + 20.7 + 8.9 998,252 10,566,438 7,927,280 + 33.3 7,305,701 6,944+59 1,219,719,630 : 1,008,654,907 +20.9 1,002,917,211 1,053,588,610 439,700,085 314,552,775 8,772 416 7,257,387 +16.3 353,056,542 v +22.9 194+10,602 360,602,655 44,948,900 38,061,100 ; +18.1 +870,619 +34.9 6,570,442 ' Pennsylvania—Pittsburgh Total +17.2 193,827,948 433,979,903 Mansfield - 7+86,714 225+17,762 U (7 Cities) 37,313,000 1,097,964,434 7,765,986 + 35.6 324,280,268 +13+ 929,349,177 7,192,352 199,798,983 391,304,928 33,590,500 : +18,1'+ 4+10+59 7,153.368 5,014,724 360,137,885 * 10,526,864 367,748,147 +39.8 216,186,494 v Youngstown —12.2 238,976,338 Baltimore 2,921,805 7,319,505 Columbus +39.1 306,988,474 — 3+09,278 3,308,829 Cleveland + 13.5 276,900,000 465,033,000 Pittsburgh 3,159,941 959,000,000 + Cincinnati— 337,700,000 . + 28.9 7,165,156 Ohio—Canton 6.5 +28.0. ... 1,217,573 3,277,591 964,000,000 3,752,872 Delaware—Wilmington Jersey—Trenton 7.9 485,779,571 San Francisco i + — "295,000,000 Lr 1,115,310 1,123,116 1,150,065 Fourth Federal Reserve District—Cleveland- 621,584,507 Kansas City 1,134+23 + 25.8 + 13.3 1,164,000.000 York +27.1 1,114,000,000 Boston + 43.2 * $7,652,591,931 1,026,000,000 ' 1,085,605 4 1950 $9,724,706,045 $ 4.225,981 TELEGRAPH r New York 1948 1,194,993 Wilkes-Barre Total BY 1949 Dec. ft 1.068,485 >. New CLEARINGS—RETURNS 1,554+05 Scranton Our comparative $ 1,503,556 Philadelphia Reading At Monday, March 26, 1951 1,210,908 Lancaster isummary for the week follows: Bt. Louis.. * — Chester Our preliminary year. same . District—Philadelphia— Pennsylvania—Altoona— weekly clearings gain for the week ended Friday of 27.1%. Philadelphia Reserve Bethlehem $17,724,571,722 against $15,073,643,757 for the this center there is $ Saturday, March 24, clearings for all cities of the United States for which it is possible to obtain total stands at year . Week Ended March 17 1950 Inc. or 1951 telegraphic advices from the chief upon cities of the country, indicate that for the week ended will a . 352,797,183 6,184,583 971,285,356 995,883,252 2,804,700 11,765.000 135,348,552 2,765,959 12,174,000 130,248,026 3+67,062 232,027,206 +10.5 Fifth Federal Reserve District—Richmond— Ten cities five days )i $14,195,534,222 $11,698,728,116 other Cities, five days 2,748,824,728 +21.3 + 2,722,453,495 West 1.0 + + Virginia—Huntington 1 $16,944,358,940 $14,421,181,611 +17.5 South Carolina—Charleston +19.6 Maryland—Baltimore ■ All Cities, one day 780,212,782 652,462,146 District of Total all Cities for week $17,724,571,722 $15,073,643,757 Complete and exact details for the week ends We covered Saturday and the Saturday figures today, inasmuch In the elaborate we detailed statement, however, which able to give final and are as complete results of the previous week — the il appears that in the New York District St. Louis the Chicago Reserve District, the totals Reserve District by are 456,143,798 +24.8 14,603,253 + 44.4 19,334+99 18,784,618 75,220+45 + 14.4 71,263,380 70,105.564 264,200,000 + 20.7 246,600.000 6,942,760 248,200,000 4,527,088 + 53+ 5,287,969 5,160,644 j._, 3,889,059 3,382,164 112,932,652 + 52.6 3,873.999 139,060,184 3,629,152 + 23.1 138,212,022 110,027,866 + 25.6 100+13,053 103,103,260 6,569,954 98,801,281 102+89,635 13,290,504 8,937,335 Mississippi—Vicksburg Total (10 7,277,896 + 22.8 474,924 0.6 393,746 715,965 126,774,978 + 15.5 141,329,967 124,908,607 871,388,915 cities)—— 472,130 146,446,585 Louisiana—New Orleans the totals show Seventh Federal Reserve 719+13,472 +21.1 698,169,827 684,813,785 + District—Chicago— Michigan—Ann Arbor an Grand expansion of 32.9%, in the Boston Reserve District of 25.9% and in the Philadelphia Reserve District of 20.9%. The Cleveland Reserve District records an improvement and the 75,461,545 470,525,759 455,107,597 We group the cities (including this city) 18.1%, the Richmond Reserve District of 24.8% 229,796,951 \ 86,980,086 Alabama—Birmingham week located and from this are 3,830+70 + 23.1 + 30.6 86,073,935 Mobile according to the Federal Reserve Districts in which they + 22.0 92,049,547 Florida—Jacksonville present further below we 3,741,066 219,825,314 319,000,000 Macon fcank clearings at this center having recorded a gain of 33.5%. In 21,080,526 Nashville For that week there was an increase of 27.3%, the aggregate of clearings for the whole country having amounted to $19,619,999,281 against $15,417,£92,501 in the same week in 1950. Outside of this city there was a gain of 20.9%, the of 21.1%. 568,041,411 Georgia—Atlanta— Augusta ending March 17. ©f (6 cities) Tennessee—Knoxville has to be estimated. cases + 36.0 + 26.1 + 23.3 Sixth Federal Reserve District—Atlanta— the week not available at time of going to press. are Accordingly in the above, the last day of the week in all 2,545,629 13,162,000 123,784,041 +17.6 by the foregoing will appear furnish them cannot 4,565,593 270,558,009 120,211,166 Columbia—Washington—, Total issue of next week. 3,461,385 16,600,000 152,645,258 Richmond-— Total all cities, five days our + Virginia—Norfolk 1,8S6,472 Rapids— 10,390,556 5,121,818 5,369,636 1,916,885 6,464,275 Terre Haute 5,925,343 9.1 5,977,298 5,563,277 61,304,000 + 17.3 58,796,000 7,553,168 + 28.9 6.940.392 3.044.393 58,338,000 6+88,412 + 3,664,474 Des Moines 2,838,245 + 29.1 95,068,769 78,501,603 + 21.1 5,030,532 Iowa—Cedar Rapids——— 14.1%, and in the Minneapolis Reserve District by 1,235,597 10,094,715 9,738,4f 3 Bend Wisconsin—Milwaukee larger by 18.8%, in the + 26.8 + 42.7 71,923,000 Indianapolis South + 11.9 11,292,844 4,859,668 6,933,361 Indiana—Fort Wayne—— Atlanta Reserve District 1,686,255 14,322,299 — Lansing— 3,740,300 + 34.5 33,403,644 32,992,524 15,799,597 14,443,665 1,580,716 928,326,045 4,157,268 14,047,294 ——— 1.224,876 + 29.1 780,756,751 + 18.9 3,280,684 + 26.7 + 1.3 + 9.4 X 68,502,904 3,734,794 61,875,254 27,898,685 3,658,247 following furnish we " Week Ended March 17— Federal Reserve Districts 1950 1,225,228,690 1,031,073,218 +18.8 960,755,201 996,991,744 313,200.000 135,858,289 316,600,000 138,933,247 95,369,129 - Total (17 Cities) Inc. or 1949 1948 $ $ 732,896,391 ?nd New Btd Philadelphia •4th Cleveland York 6 th 582,160-, 906 + 25.9 580,952,088 626,907,802 10,775,542,606 8,109,698,714 + 32.9 8,258,341,326 8,167,622,561 Missouri—St. Lquis— 1,219,719,630 1,008,654,907 + 20.9 1,002,917,211 1,053,588,610 Kentucky—Louisville Tennessee—Memphis Atlanta 1,097,964,434 568,041,411 + 24.8 470,525,759 + 21.1 698,169,827 - Total + 14.9 2,325,370 2,186,923 544,909,107 6.3 97,039,022 1,848,223 +14.1 547,945,534 552,980,697 0.2 5,764,296 268,264,289 + 2,078,321 + 18.8 960,755,201 996,991)744 + 14.1 547,945,534 552,980,697 433,650,848 385,882,'7871!' +12+ 396+63+47 391,651,709 488,371,393 + 24.9 509,603,855 Minneapolis 346,798,604 + 19.0 301,081,097 6,829,252 259,018,094 + 488,047,617 412,575,235 342+77,373 314,545,350 St. Paul + 816,567,619 +28.8 791,932,374 848,568,418 100,309,009 7,290,424 95,507,034 1,051,403,742 7 South Dakota—Aberdeen 3,219,027 3,111,229 + 3.5 5,806,270 267,572,625 95,578,€62 8,120,344 3,952,734 Montana—Billings— 4,052,254 3,434,010 + 18.0 3,692,331 2,719,070 10,853,965 9,394+46 + 15.0 11,740,481 8,888,901 433,650,843 385,882,787 +12+ 396+63,447 391,651,709 41 6 41 .112 cities 19,619,999,281 9,216,505,131 15,417,992,501 7,622,973,697 + 27.3 + 20.9 \ 15,531,369,351; Ninth Federal Reserve District—Minneapolis- Minnesota—Duluth 15,577,745,343 7,530,460,293 6,845,172 North Dakota—Fargo Helena 7,685,461,445 our detailed statement showing i 1951 $ First Federal Reserve District- $ > —— Massachusetts—Boston. 5,126,796 618+12,650 Fall River 1,414,878 /■. f 4,007,233 484,413,126 2,743,821 10,782+76 Bpringfield Worcester 994,838 2,963,191 New Bedford 1,984,649 1,093,340 Lowell + 42.0 + 27.9. ' + 27.7 1,516,060 ; ♦ < 3,937,627 4,011,204 \ 487,865,776 536,865,569 + 38.3 1,874,486 1,921,043 9.9 864,936 851,194 + 2,073,458 7,364,372 + 32.2 5,686+82 25,690,130 25,476,537 11,948,944 10,829,904 + 15.9 30,264+00 29,194,300 1,318+12 + 13.5 1,518,875 1,382,840 ~ : 582,160,906 45,738,801 4,066,542 98,201+81 + 25.9 580,952,088 626,907,802 9.6 12,161,600 3+08,808 2,803,318 + 17.6 86,327,263 95,284,473 1,705,175 + 38.3 1,525,121 1,630,166 + 27.0 1,798,060 1,932,238 7,795,018,804 32,448,349 26,013,519 18,578,105 18,673,699 a 14,025,692 + 33.5 8,000,909,058 7,892,283,898 + 24.7 22,325,099 21,330,283 0.5 17,028+50 19,611,227 — + 36.4 St. 677,010 59,156,286 45,275,129 + 30.7 TRorthern New Jersey 43,589,798 43,092,914 68,644,009 58,236,794 + 17.9 55,413,594 60,225,976 8,109,698,714 + 50.1 + 30.5 648,802 + 20.5 7,118,225 129;283,093 437,180 377,509 561,732" 6,376,303 109,480.852 7,081,177 6,270,913 12,046,367 + 49.0 11,963,019 317,978,619 + 18.9 338,157,641 10,605,214 2,074,717 8,771,339 + 38+ + 2.8 2,247,056 + 57.2 3,806,715 2+37,324 + 56.2 2,234,787 11,433,135 340,034,288 9,989.229 1,815,068 1,708,588 609,754,690 488,371,393 +24.9 509,603,855 488,047,617 7,341,501 264,419,000 22,932,760 Joseph Pueblo 125,601,949 377,991,670 — Colorado—Colorado Springs 13,529,319, 3,533,068 . — Total 541,353 483,567 7,193,212 (10 cities) * 11,070,607 + 22.2 c Eleventh Federal Reserve District—Dallas- Dallas — i— Galveston 4.1 8,295+51 286,551,155 + 19.8 286,909,000 28,062,608 + 24.4 26,336,097 7,623,637 10,038,061 — +14.2 6,300.000 6,662,000 4,580,103 + 26.8 4,110,836 3,548.731 10,890,877 3.7 10,525,989 9,641,35a 412,575,235 (6 cities) 6,675,800 5,809,609 11,289,672 Falls Louisiana—Shreveport Total 9,629,718 343,312,754 34,909,845 \ -——— — Worth Fort 346,798,604 +19.0 342+77,373 314,545,350 + Federal Reserve District—San Francisco— + 32.9 + 26+ 117,280,214 3,534,886 + 19.9 165,253,329 67,317,903 ~* 18,346,095 156,573,771 60,048,864 5.5 4,003,736 153,441,311 129,862,9 3+54,2 161,323,8 160,864,141 Yakima Oregon—Portland — Utah—Salt Lake City + San 58,953,561 60,135,1 + 19.3 416,604,386 + 42.7 14,229,230 10,637,024 410,508,548 7,819,1 451,532,6 1,051,493,742 816,567,619 19,619,999,281 9,216,505,131 13,395,138 Francisco San + 12.1 8,973,700 . Pasadena 15,383,409 12,961,989 594,451,612 "13,500,000 5,153,524 California—Long Beach Jose Santa 127,265,115 4,238,300 Washington—Seattle Barbara Stockton + 3.3 8,258,341,326 8,167,622,561 Total (10 cities) — Grand Total (112 Cities) Outside New York •Estimated, ; a -■« Now included in Newark, N, J,7 10.243.1 11,753,155 + 14.9 4+71,160 + 15.3 7,970,884 + 12.6 10,414,318 4,452,820 8,011,€12 +-28,8 791,932,374 848,568,413 15,417,992,501 + 27.3 15,531,369,351 15,577,745,343 7,622,973,697 + 20.9 7,530,460,293 7,685,461,445 15,091,833 764,555 833,120 13,089,920 ,Jfewark. 10,775,542,606 5,625,238 3,567,615 13,659,225 9.1 1,909,958 19,136,672 > Twelfth + — 2,424,780 10,403,494,150 96,822,300 173,819,463 9,019,341 17,944,107 Missouri—Kansas City Wichita 2,358,332 Jamestown Omaha Texas—Austin 30,630,900 115+60,282 —15.1 5,506,726 7.2 + + 17.4 3,696,802 + 8,666,976 1,822,909 7,710,914 50,144,839 Elmira —812,789 631,242 — Wichita 11,506,542 732,896,391 Binghamton Total (12 cities) Lincoln 1,681,204 1,496,819 Buffalo •few Jersey—Montclair / + 25.8 6,524,717 Second Federal Reserve w District—New York— •few Yoxk—Albany Byracuse ; 35,509,500 •few Hampshire—Manchester Connecticut—Stamford $ 8,572,901 28,556,612 13,510,558 (Rhode Island—Providence Rochester Dec. ft Hastings——, 1943 2,236,098 8,623,242 New Haven New York 1949 + 32.5 30,625+84 Connecticut—Hartford Total (12 cities) Inc. or Kansas—Topeka 2,008,514 —_ 1950 Nebraska—Fremont »n— flfcaine—Bangor 5.0 Tenth Federal Reserve District—Kansas City— Week Ended March 17 Clearings at— 8,588,722 + 16.2 the figures for each city for the week ended March 17 for four years: * + 14.2 + 13.4 104+08,140 621,742,689 <4 Cities) Total (7 cities) Portland 295,800,000 142,514,044 120,008,088 , 5544,909,107 : • Outside New York City_. v 3,250,149 1,031,073,218 621,742,689 «i -10 —_ add 337,800,000 161,609,231 — , Illinois—Quincy 684,813,785 it — now 5,021,814 609,754,690 - Francisco We 10,044,368 456+43,798 719+18,472 it 4 City Total 455,107,597 871,388*915 1,225,228,690 - ♦th- Minneapolis Dallas 1,097,169 2,749,727 Eighth Federal Reserve District—St. Louis— 995,883,252 it Louis •1th 971,285,356 tt .10 Kansas + 18.1 it -,6 Yth Chicago- „i—' 10th 929,349,177 11,298,801 782,030,764 $ tt 7 - $ n -11 __ Dec. ft n 4— _12 Richmond 6th i&th San + 27.0 CLEARINGS 1951 1st Boston «th St. BANK + 40.4 3,549,793 Peoria ' ; OF 5,964,576 4,509,378 Chicago • SUMMARY + 25.9 8,373,103 , Decatur by Federal Reserve Districts: a summary 11,158,923 Rockford Springfield In the ' A 26,-045,735 14,895,313 1,147,954 734+93,954 2,745,140 10,497,011 4,294,276 3,187,907 Sioux City Illinois—Bloomington— 12.4%. In the Kansas City Reserve District the totals register a gain of 24.9%, in the Dallas Reserve District of 19.0% and in the San Francisco Reserve District of 28.8%. $Not available. 10,649,4 4.356.3 9.191.4 Number 4997 Volume 173 . , The Commercial and Financial Chronicle . (1313) Company and Issue— Foreign Exchange Rales of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the,Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed: EXCHANGE CERTIFIED RATES ' • FEDERAL BY MARCH RESERVE UNDER TARIFF. ACT OF 962 2 .1976 1 859 1 1071 861 1st Illinois Power Co. sinking fund debs., 23,4% due 1966—_Apr 16 Kansas-Nebraska Natural Gas Co., Inc.— 1st mtge. sink, fund bonds, 3%% series, due 1930 Value in United States Money Argentina peso— i .200000* .133333* .133333* .133333* .0710000* .0714000* .0714000* l * 1 965 .200000* Apr 1 965 sinking fund debentures, due 1960—Apr 16 1174 . 2.231573 2.231573 — National Vulcanized Fibre Co.— 15-year 4'/4% ■■ New York State Elec. & Gas Corp., $4.50 cum pfd. stk Mar 30 Norfolk Southern Ry. Co.— 2.231573 .0198410 .0198375 .0192062 ,0192000 .0192531 .0544060 .0544060 .0544060 .955000 .954375 ,953281 convertible inc, bonds, due 2014 Apr Oregon-Washington RR, & Navigation Co. ref. mortgage bonds, series A, 3% due I960—* Apr .208500 .208500, .208500 Puget .0200600 .0200600 .0200600 .0200600 .144938* .144938* .144938* .144938* .144938* .00285625 .00285623 ..0198375 .0544060 .0544060 .955000 —--- Czechoslovakia, koruna^ :— Denmark; krone—_—-r_ France (Metropolitan), franc Germany, deutsche mark India,.Dominion of, rupee .955312 .208500 Canada, dollar—'— .208500 .0200600 . l : " General mtge. 5% .00285625 .00285625 .238379* .238379* .238379* .238379* .208700 .208700 .208700 .208700 .115606 .115606 Closed .115606 t—— •.115606 ( .00285625 1st 1 769 9 i _Apr mortgage „ Sunray Oil Corp.— 414% 1 966 Apr 13 864 bonds Apr 1st mortgage bonds, 2%% series, due .208700 .115606 Sound Power & Light Co. 414 % series due 1972 St. Joseph Light if Power Co.— 1976 . cumulative cohv. preferred stock, series B Toledo, Peoria & Western RR.— 1st .mortgage, series B, 4% bonds, due 1967_ Apr TwentyrNinth Street Towers Corp. 10-year 4% 2nd mtge. (now first mtge.) bonds, due 1952— .—Apr - New Zealand, .262600 .262460 2.772896 Netherlands, guilder—1 2.772896 —— pound— Norway, krone— Philippine Islands, pesol Portugal, escudo__r__— Straits Settlements, dollar————— .496250 —- Switzerland, franc* Union of South Africa, pound United —; Assets— .561797*t .425531*t 425531* t .425531*t .425531*t .425531*t t Demand deposits adjusted increased in all districts; the principal increases were $547,000,000 in New York City, $202,000,000 in the San Francisco District, $105,000,000 in the Chicago District, and $87,000,000 in the F. for and Govt, S. + 1,499,798 securities: + 10,374 — —• and $40,000,000 in the 35,667 A summary 1,113 + NOteS ; I Bonds 14,956,883 5,891,231 — — — ————— ' 31,800 + 2,317,077 banks of other banks— from foreign Notes 40.644 + 83 + 8,485 + — + + 66,202 + Loans U. ■, notcs_I—— , 3,848,102 S.r Treasurer—gen. Foreign, Total 19,301,051 ' _______ Other. . 51,706 + '196,484 + 23,016,479 acct. acct._ . {deposits Deferred ^availability itemsOther ljlab., inci. accrued divs. . . — t-+ 608,156 840.159 201,659 — 187,751 + 16,285 44,004 — — + 69,022 20,951,225 3,054,663 .11,360 + + 181,810 + 84 S. S. Real 160,333 U. •v 97,873 : S. U. + 60,998 + 510.022 Total liabilities & cap. securities 231 43 6 / < ' 66,202 46.9% nounced + ——_.— 2,877 255 + 24 —: From Airline net ' + 900 177 + 217 V: 'j, . 1,388 6,095 176* 239 — 5* 58* 20,766 44 6,583 14,518 + — + 676 4,856 2,717 3,280 1,257 462* + 2,080 43 + 128 2,518 " .. 245 + 50 + 4,590 , Filter, common (quar.) 5% convertible preferred (quar.) $7 preferred (quar.)____ ^American American American American +1,249* 51,826 15,597 + — 2,116 16 + 116 167 388 + 1,354 232 + 9,615 15 + 82 366 + 210 61 , 7 ! 3-30 :<-20 4-5 3-24 4- 5 3-24 American Republics 75c (quar.)—— , ^. • .1 _ _ Aroostook. Valley RR. list Of corporate bonds, notes, Date * refunding mtge. Vkfo 1st Monon Coal Co.— mortgage 50- Page 7.', Apr 13 bonds—Apr 5 562 1072 , , 1st mortgage sink, fd, 5% Income bonds, VandaliA RR. consolldated mortgage bonds. due 1955_Mar26 Apr 2 1072 Date Page *V r ••• 4-13 1 4-20 5-1 4-16 4-16 $1.25 5- 3-26 40c 3-31 3-16 20c 12y2c 4-16 "3-30 3-30 3-30 3-20 3-20 4-13 4-5 —_ '40c (quar.)— 3-26 75c -4- 2 3-19 50c 3-31 3^21 »ny2c "4-2 7 3-1T Steel Co. A —— 7% preferred (quar.)— Banking Corp.— (quar.) 5c Ameribarf'Tobacdd', Co.'-Z Apr. 15 25-yes)r^3% ^ d^lwintures, ;due 1969—— 20-ybar. 3% ..debehtures,. due 1962 .—.Apr 15 Ampal->tnerioanKPaiestine Trading Corp.— ; ^ 40-year^irixikln$rffurid ^ debentures; due 1958.—I——Apr 1 1169 1169 1057 preferred Welt 4- 2 3*24 5c —. 4- 2 3-24 3714c (quar.) 1; 4- 2 3-24 4- 5 3-26 4-10' 50C Commercial Corp. (N. • • • (' 3^23 4-2 4-1(1 5- 3-20 50c 3-2i 3-14 50c 4- I 3-21 4-1 3-21 43',4c 4-15 3-30 80c 25c j,fi7e preferred^quar.) $T.5Q ,5c 45c 750 —___ 3-29 4- 2 3-20 * 4-0.6 L - $1.751 prior preferred (quar.)— Beverly Gas & Electric Co._ Bickford's, Inc. (reduced) , Biltmore Hats, Ltd. (quar.)__ tlOc Birmingham Electric, 4,20% pfd. (quar.)—$1.05 Birmingham Fire-insurance -Co. (red. quar.) 35c Company (quar.)— Bobbs-Merrill, 4y2% preferred (quar.) Bon Ami Company, class A Borg (George W.) Corp.. ^ Edison 1' - 3-20 4- 2 50c — Y.)— • W.) 3-30 . 6% preferred (quar.) Bartgls-Brothers Co. (quar.)_____—_____ Baystate Corporation (quar.). Beaton & Caldwell Mfg Belt RR. Stockyards, common (quar.) 7— Ben-Hur Products, Inc.— 3-30 4-10 12l/2c (quar,) ■».*——— (E, 3-24 15c Co. Badger. Paint & Hardware Stores, Inc.— -Quarterly Bliss 3-24 2 4-2 5c — Axelson Mfg. Co Bankers 4- 5c (quar.) 1.50. convertible Boston kV:++FA«TIAL" REDEMPTION . 4-2$ 2 Class "year gold bonds due 1961 Leeds Si Lippiheott Co".,' outstanding 3-26 5-1 prefeiTed+quaf.)—13%c Atlas Thrift Plan, NOTICE OF TENDER * 4-20 5-1 4- 5 4- revised. Compftrvy and 3-24 4n30 10c 25c 50c $1 Automobile preferred $nd common stocks called for redemption, including those called under sinking fund provisions. The'date indicates; the redemption or .last date for mak¬ ing .tenders, and the; page number gives the location in the current volume (except where indicated) in which the details Were^given in the "Chronicle." •„ 1, 3-31 50c 12c American Seal-Kap Corp. (Del.) (increased) American Spring of Holly, Inc., com. (quar.) conv. 5-15 4-20 Arrow-Hart Hcgeman Electric Co.__—______ 28,062 a 6- 1 5-1 $1.25 37+20 Inc.___ Corp. (quar.)— American Screw Co. 3-31 4-14' 25c 50c —___ Corp, (monthly)— American La France-Foamite Coip. American5Marietta Co., common— 5% preferred (quar.) 4 5y2.% 3-24 4- 5 25c Atlantic 281 — — Redemption Calls and Smfcing Fund Commercial industrial,' and agricultural loans in¬ creased, in >11 but one district; the principal increases were $88,000,000 in New. Yprk City, $45,000,000. in the Chicago District, $29,000,000 in the Cleveland District, Holdings 6t,Treasury bills increased $129,000,000 in $37,000,000 in the San Francisco District, •ind"' |2^,000,000)= in"; theiCleveland 'District. Holdings)Of 3'>c 3-31 $1.75 1Extra,.,r_________ • $22,000,000 each in, the Philadelphia and San Francisco Districts,, and $19,000,000 in the Boston District 3-31 3-2Q Extra 1,701 , 4-25 4- 1 i . Corp. Anchar:.Hocking Glass Corp., com. i $4 preferred (quar.) 4- 5 4-20 4-25 American Home Products « 2 I8+4C (quar,)—_ Automobile Insurance 4quar.)—__ Book Co. (quar.) Discount Co. of Georgia (quar.)__ Distilling Co. (quar.)__ American 24,402 condition statement of weekly reporting member System in leading cities shows-the following principal changes for the week ended March; 14: Increases of $267,000,000 in commer¬ cial, industrial, and agricultural loans, $239,000,000 in holdings of Treasury bills, $462,000,000 in reserve bal¬ anced With Federal Reserve Banks, $1,249,000,000 in de¬ mand deposits adjusted, and $252,000,000 in demand de¬ posits :Credited' to domestic banks, and a decrease, of Asphalt Roof 4- 4-; 3 13%c 34%c $1.50 American Mutual Fund, ■ banks 7 figures 1 American Air + — — banks " 5- 7c 16 871 .. 5 income-^.-— 9 30,782 1,718 ; domestic 4- Foods 113 8,298 during =week The New York City; investment Holderi When Payable of Reo, . + 7* an¬ follow with' we 50c + indebtedness—. Fbreign; banks Borrowings _L— banks Df the Federal Reserve J 7;,' 1113 2,/2% 365 —i__—_ Below will be found " dividend) 5 5,886 of Then Share (stock 13 — : 9.7% u.+ 205 2 dividends all the during the current week;. Felroieum Common — 1 grouped in two separate are indicate Per ■'->;;Extra V we Name of Company Aberdeen Backstay $366,000,000^ in borrowings. first, 5,342 banks —— Domestic : 3,848,102 •'v. + 1. 1176 payment date. indus¬ • the 150 vault--. •March 31,719 In 578 obligations— deposits adjusted Time deposits, except government U.; 8. Government idepositsi Interbank demand deposits: IfMl ^ — ■ - trial loans*- - 5"051 * ' this issue. Corp".-^- ; preferred ($10 par) (accum.) 5V2% preferred ($25 par) (accum.)_; Albermarle Paper Mfg., 6% pfd. (quar.) Allemannia Fire lns. Cq. iPittsbui'gh) (quar.) 195 • correspondents to make 21,849 *> 1174 DIVIDENDS 297 + Debits to demand deposit Accounts, except Interbank and U, S. Govt, accounts, • Commitments + 166,119, •Announcement in 5V2% loans with 5.067 carrying: _L; bonds— in 267* 1,113 Demand * *1 47,955,623 Hatio r of :i gold certificate re¬ serves, ,to deposit and F. R, note- liabilities* combined-— Contingent liability on accept¬ ances purchased .for foreign - 13,278 + L" + a 763 Co.— Gen. mtge. 4!/2% income bonds, series A, due 2014—May Westinghouse Electric Corp.— 2.65% 25-year debentures, due 1973— _Apr — + 153 2 1070 .—Apr 11 Adams-M)llis Corp. (quar.) Affiliated Fund, Inc.— — Government to Balances 3,820,416 27,543 dccts. Western Pacific RR; 7,521 7,592 obligations- securities Liabilities—' . Transcontinental Gas Pipe Line Corp.— ,6% interim notes, due 1951— 2 2,683 28 32 ' 228,212 a * second table in which we show the payments previ¬ ously announced, but which have not yet reached theii v ~ A, 514%, due 1972— —Apr 1 B, 5%, due '1973— Apr 1 Series C, 4%%, due 1977 _: Apr 1 Colorado Fuel & Iron Corp., 5% conv. preferred stock_Apr. 17 Piasecki Helicopter Corp., conv. debs., due 1955 _Mar 30 Pittsburgh-Steel Co., class B, 7% preferred stock Jun 1 Southern Union "Gas CO. 5% cum. preferred stock —Apr 16 . 1950 248* 18,956 Government securities—Total S. 1951 pur¬ securities Reserve with Federal Reserve Banks " Capital" Accounts.— Capital "paid in___i___— Surplus "(Section T).— Surplus' (Section 13b) Other capital^ accounts. 96$. bonds— a carrying: or Treasury bills 1 Treasury certificates Treasury notes Cash 47,033,727 for Other 660 • dealers loans Other 3,084,944 575,799 and Government estate Loans 3,332,491 150,583 909' —- 562 Series f Mar. 15, 32,173 32,621 agricultural Other loans for purchasing or „ w ■, bank—reserve 4 (In millions of dollars) : brokers chasing .Liabilities—_ Member Page Jun ; Series 1 tables. 69,538 to U. Mar. 7, 1951 y'• loans-. 26,562 1,406,587 6,168 47,677 Other Federal Reserve Mar. 14, - — 9 U. Deposits: 1115 , • Investments—Total Other 47,955,623 CALLED 1058 dec, (—).since - : / t: ' Assets— Loans Loans—gross Commercial, Industrial, and -+ 158.320 ;■ „ 4,740,033 3,578 197,256 —— . + — + 138,553 — ; and Loans—net 4,159,268 cash items—. Bank premises ——— Uncollected Other, assets —— ISSUE Dividend announcements 4,774,587 — — 1 1 Cleveland District. , , 59,957 ; 24 ■ , . 22,502,499 series,"due Avery is Sons Co., 67c cum. preferred stock Apr 1 Beryllium Corp., cumulative conv. preferred stock—Apr 1 Cleveland Graphite Bronze Co., 5% cum. pfd. stock—Mar 30 of assets and liabilities of reporting mem¬ + 78,574 22,347,912 314% (B. F.) ber banks follows: 5,848,550 +13,577,683 637,469 .T 100",000 — 1115 1960_Apr Date mortgage sink. fd. bonds, Ampco Metal, Inc., preferred stock Inc. (+ ) or .■ 1115 1 Borrowings decreased $249,000,000 in New York City 2,425,202 46,286 ^—— Certificates ; R. — 35 3,793 —— 69,325 — 18,652 United States Government deposits decreased $116,000,000. Demand deposits credited to do¬ mestic banks increased in eight districts. 2,494,527 + 6,793 — 150,794 , F. 22, 1950 52,324 333,570 advances—— ; Bins + 20,622,745 ctf. reserves-— loaiis Due Mar. 59,500 7,176 20,020,903 R. ——.—.——- Discount? U. since 1951 601,842 Industrial Districts, and a total of $58,000,000 Holdings of "other secur¬ Cleveland District. notes bonds decreased $21,000,000 at-ali. reporting member banks. ities" increased $44,000,000. certificates fund Government fh;thd*,€hieagO:District, $19,000,000 each in the New York San Francisco 1 —Apr ' Cleveland Union Terminals Co.— 1st mortgage sinking fund gold States 070 Company and Issue— .658327*t United 967 1 —Apr 1967 1970__— ENTIRE ,561797*t ; gold 2.800742 due 1 .231550 2.800742 series, Corp.— 2.783750 .558327*t Mar. 14, 1951 Total .231225 2.783750 2.800742 .561797«t of dollars) Maf. 21, Other cash " .658327*t dec. (—) ; .231075 2.783750 2.800742 1st .561797*t Inc. (+) or Redemption .193269* ,.658327* t Reserve Banks Combined (In thousands Gold .193269* 2%% York .561797*t and ■ .193269* 2.783750 '." Statement of Condition of the 12 Federal : .328500 (Application depends upon type of merchandise ♦Nominal; ; ,328500 .658327*t — — — .328500 United Gas Corp.— 2% % series, due .496250 .0348000 ..231450 t . * 2.800742 — ————f —: ___ Uruguay, pesoi—— f.. 1 Kingdom, pound sterling—— .140154* .496250 .0348000 .193269* " v 2.783.750 Uruguay,peso— Uruguay, peso. ' . .231583 — .140154* .496250 ;03475OO .328500 •• .193269* Sweden, fcrona .140154* .0347916• .328500 — .262566 2.772896 ' .496250 , .0347892 —— .262520 '2.772896 .140154* .140154* —-——— — .262440 2.772896 - 763 1 _ .238379* .— _______ —— "' .0192400" .0194000 Ceylon, -rupees—; Mexico, "peso—! jun 3 y8 % .0198375 .0198375 — ; 965 965 1974—Apr Products Corp.— sinking fund debentures, due National Gas & Oil Corp.— 4Vfe% sinking fund debentures, due 1962 $ .200000* 2.231573 2.231573 .——-— — Eank NoteSi- : $ ,133333* • 965 • Distillers 25-year , $ a. —— National Mar.. 22 .200000* Closed .0714000* Australia, pound Belgium, franc_— Mar. 21 .0714000* .133333* . Mar, 20 $ 4 V . .200000* .—, 1__. Preferential + Mar. 19 . $ $ Basic-, - Mar. 17 ' « , bonds Mar. 16 V \ and geheral ratge. bds., ser, R 3%, due 1979___Apr, Dixie Cup Co., class A stock May Harris-Seybold Co., 3%% sink. fd. debs., due 1960-Apr Buying Rate for Cable Transfers in New York and Monetary Unit 962 Central Maine Power Co.— 16, 1951 TO MARCH 22, 1951, INCLUSIVE„ Noon Country TREASURY BANIC TO Page 1 1 1965_-Apr 1 Koppers Co., .Inc., 1st mtge, bds., 3% series, due 1964_Apr 1 Lake Placid Co., 2nd mortgage bonds 3%, due 1972—_May 1 Lautaro Nitrate Co., Ltd.— 1st mortgage income bonds, due 1975 Mar 31 Minnesota Transfer Ry. Co. 1st mortgage 3%% coupon ^Pursuant to the requirement FOREIGN Date Bristol-Myers Co., 20-year 3% debentures, due 1968—Apr Celanese Corp. of America, 3% debentures, due 1965_Apr 45 ill 4-14 4- 1 4- 2 5-1* 4-11 3-23 3-2? — 25c —_ $1.12V2 4-2 3-20 50c 4-30 4-16 4- 2 — 37y2C 4-16 ——« 70c 5- 1 4-10 Botany Mills, Ipc., 5% preferred (quar.)— 6% preferred, (quar.) —— 3iyio 37V4C 4- i 4- 1 3-15 40c 4-16 t$l 3-30- Co. (quar.)_ Bridgeport Hydraulic (quar.) Brlght fT. G.) A Corapany, Lt<L (Interim)— StocK dividend (One shareof 5% redeemable pref, ($23. par) for each share held) . •-.« 3-30 3-15 3-30 -3-27 +**,1 3- 46 .(1314) The Commercial and Financial Chronicle . . Monday, March 26, 1951 . f Per Name of British Company Columbia 1st prior preferred preferred Grand (quar.)— 20c 1 3-26 Griggs Cooper, 5% 1st preferred (quar.) $1.25 59'o 1st preferred (quar.)$1.25 7- 2 6-25 10- 1 9-25 10c 3-31 3-27 —20c 3-31 3-24 Greif 3-16 80c 10c 4-16 3-31 15c 4- 2 3-i5 4- 2 3-31 (quar.) ' ——— Manufacturing Co — 495% Brothers class 4- 25c (quar.)__. pfd. $1.1295 1 4-10 Gulf Camp Manufacturing Co., Inc., com. E (quar.) Canada Foils. Ltd., common..—, 25c 3-23 3-12 Hamilton —— *10c 5-15 4-30 (quar.)—_— *15c 5-15 4-30 5-15 4-30 60c participating class A Participating Canada Life Assurance Canada Steamship Lines. Ltd. Co. x *45c _v__- _„ (quar.)_^ Public 3-31 Haverhill 3-23 Haverhill Electric Gas Western Canadian 69'o Cordage cl. Co., *12%C (quar.). A 5- 1 3-31 Hercules Cement 5- 1 3-31 Hercules Steel 4-16 3-30 (quar.) Lamp, Ltd—. 7% Cannon Shoe Co. (quar.) Carolina, Clinchfield Celotex Corp., 5% Centennial 6-15 3- 4- 9 3-24 3 J 4-10 $1.25 Flouring Mill Co 4-30 4- 9 4-30 4- 9 25c —,— (quar.)_ 4-20 25c 25c (quar.) 3-20 3-10 $2 Indiana $3 convertible preferred (quar.) Chesapeake Corp. of Virginia— *— Chicago Great Western Ry., 5% pfd. (accum.) Ch.icago Railway Equipment Co.— non-cum. 79e preferred Chilllcothe Clinton Trust Co. Club Aluminum Cohen Stock Union (Dan) Commercial Yards New of Products Inc. 3-27 4- 2 3-19 International 3-31 3-22 Interstate Bakeries Corp.— A 100% stock dividend will 12 95c York 25c (quar.) Co. ^ 10c — — 4-13 25c 3-22 April 3-22 Investors 3-22 Investors 2 $2.50 3 4- 4-16 15c 4-20 5- 2 4- $5 4795 c & Power, $1.90 preferred-' $2 preferred (quar.)——.r———— $2.04 preferred (quar.) —— $2.20 preferred (quar.) 4- 5- Consolidated Natural Extra . Gas Consolidated Textile Co. 4- Quarterly Crystal Tissue Co. Cuban Telephone 6% preferred B Class 59c Company Power Air Detroit Edison Diamond Future • be and (quar.)—— (quar.)_ Aug. on May 1. Dixie-Home Stores .„■■ pref. „— shares : Coal Radio & Fafnir & - (quar.) Inc. (s-a Talc _— ._ (quar.)——___ (quar.) Max 4- 2 3- 1 4-16 3-30 4-10 5- 1 4- 5- 1 4- 5 5- c 1 9 4-12 4-16 Insurance 6-20 9-20 9-15 5-15 1 Co. (Jersey (R. E.) Company, 4- 6 1 7- 6 1 4- 6 8- 1 7- 6 4-19 (quar.) preferred (quar.) 5- 1 5- 1 4-16 4-16 4- 5 4-16 4- 2 4- 2 3-20 4-16 3-30 4- $4.50 preferred 3-31 3-13 25c 4- Giatfelter.(P. 49'2% Gloucester Goodman Gordon Gordon H.) preferred Co. 4-16 3-30 3-26 3-19 4- 2 3-22 $1 4- 2 3-22 4- 2 3-22 6% 1st preferred 1 conv. 1 at National 2 3-20 3-26 4-25 4- 25c 4-25 4-10 $1.12'/2 4-25 4-10 50c 4-20 series The The time to 5 5- c 1 4-16 1 in 3-20 5- 3-30 10c the 27'/2c 4- 5- 2 4-20 25c 3-31 3-14 3-31 3-14 1 5-23 4-30 4-10 4-16 3-31 the ■, * a 25c' .• (quar.) 50c (quar.) 5- 25c 4-16 25c 30c 1 4-15 4- 4 4-II0 4- 4- 6 2 are of Gas & 20c 4-26 6c 4-16 4-16 4-16 4-26, 4-16 30c ; 4-26 4-26 4-16 Electric ; 4- 3 3-30 $7 4- 2 Co. $2.33 50c 4- 2 3-31 3-16 22V2C 4-16 3-30 4-16 3-30 50c 3-31 3-16 17V2C 4-20 3-30 90c 4-14 3-30 (Minn.)— (quar.) 4% convertible Suburban Sun Oil Gas Co., Talon, Inc., s Taunton (quar.) +$1.50 4- 2 3-27 Quarterly National Ins. $1.20 . (Milw.-Wisc.)— (pay¬ of' account on $3.70 > 4-14 3-30 $1.02 % 4-14 '3-30 ' Tennessee Terre 40c 3-31 3-19 3-31 t3c Z 4-30 25c * — " 4-10 1295c pfd, 1 4- 10c 1— (quar.)__ 4-10 2295c (quar.)_ 5-15 25c" "4- 2 1795c Gas 4- 1 $1.25 4- 1 50c . 4-30 28c-: - . 4-30 2895c4-30 Co.— 3795c 11— Co. " - (quar.)l__l__" (quar.)__^___ preferred (quar.) ) 4-14 class B State United Printers Envelope S. Industrial S. Rubber U. S. 2 3-28 5- 1 '4-18 50c 3-29 3-20 5- 1 4-10 5-15 4-12 $1.1295 — 20c Mfg. 3-3Q 3-lff (quar.) Corp. 20c 4-14 Co. (initial)— 2 3-28' 4- 2 3-2? (quar.)— (year-end)_ (accum.)—1 Insurance class A Inc. lien Corp. common preferred preferred 30c 4-16 *8>1 '$2 1 -7-16 - 51 20c r- 4-16 3-30 ' 3-14 4-7 x 3-29 4-16 4- 3 5+ 1 Cos. 4- 1 3-28 $1.50 (quar.) 4- 1 3-26 5- 1 4-1? 50c 5- 1 4-17 20c 4- 2 3-24 __* class A (s-a) (quar.)___s- 50c 3-1^ 4-30 4-A 71/2c conv. 3-31 1295c Ltd., class A (quar.) 4-30 -25c pfd. com. (quar.)_ 1295c (quar.) $1.433/4 (quar.)__ $i 4- 4-t 2 3-20 3-31 3-22 5- 1 5- 1 4-21 4-21 lOc common par) ** (quar.) 4-16 3-30 25c 3-30 3-2Q. 2 com. ($100 par) (quar.) (quar.)__ 3-30 3-26 4- 3-26, $1.50 4- 2 75C 1 5695c 4- 2 3-26 $1.75 (quar.) (quar.)__ common 4- $1.50 (quar.)_ ; preferred 4-16 30c (quar.)— Brothers, 3-20 3-29 15c pfd. (quar.)_„ ($50 4-14 *$1.3795 (quar.) (111.) Spice Co., preferred 4-14 3-2S 2 Co.— (quar.) Young (J. S.) Company, old 5% 5-,l 4- 4-14 6295c preferred Osgood Co., 50c Corp., 495% New* 5-22 $3 * Wichita River Oil Corp 7% 3-20 1 lOc . (s-a)__i— (initial) par Kentucky Coal Co. 6% 2 6- '5- . * ' (quar.)_____ Westminster Paper Co., Class B .j York 5- 25c (s-a):—; Wesley Mason Mills, Ltd., 595% Woolson 4-10 12 95c (quar.) prior 4-10 8795c Velvet Freeze, Inc. Vermont & Massachusetts RR. Co. Warren Brothers Co., common 4% 3-27 1 1 35c (quar.)__ (quar.) West 1 5- $1.50 Camp Sea Food Co. Non-cum. 4- $1 , 5- 30c — _____* Inc. 10c 15c (quar.) $10 5 4- 20c quar.) Publishers, Inc. Chemicals common, 4- 1295c "1295c 1 Reclaiming Co., Inc.— preferred 3-15 3-30 common— convertible preferred preferred 2 15c Smelting, Refining & Mining Co.— (irreg.) New 4- ^ class A (quar.). Co. $1 4-16 Common 5% « - 4-13 50c' Chemical <fe S. U. .$1,40 5- '4- (increased U. 1' 3-23 50c (s-a)__^ (quar.) Malleable 3-22 25c ... common— Bay (quar.) 3-20 3-31 $1.50 ;_ pfd. v 4-,2 "4-:2 - (quar.)__ Unitd Drill & Tool, Class B A preferred Light Inc. Company,, class A, Class Union Co 3-30 -1'', • * Electric Brewing Co. Haute Todd Younker - 3-28 $1.25 (quar.)_ conv. 3-28 $1.3795 (quar.) 6% 495% ' Northwestern 4-30 4-10 stock conv. preferred & 4% Gas Technicolor, Whiting (quar.) (quar.)—;. preferred 25% 4-27 Wheeling & Lake Erie Ry., 2V2C Mfg. C.) Strawbridge- & Clothier— Wheeler ; 3-29 4-l'4 Westmoreland, Association— (quar.) 6-25 6-15 12c Massachusetts __ 3c 50c $1.25 Western $3 ; ,15c — — Commonwealth Corp., 2 1 1 3-29 (quar.) Western 4- 55- Inc.— D. special 4-14 " —— ; capital 15c (quar.),, t25c 4-16 - Ice Co., $7 Washington Title 4-26 * 4-^2 Van 4-14 1 4-25 ',"" 4-14 ,.$4 quarter. 6-1 ' 15c preferred (quar.) Valspar Corporation, common— additional Is for $1.50 " 6- 37'/2c U. =;n 4-25 $1 $1.0295 7% (irreg.) preferred 3-27 6- 129'2c ___Z Corp preferred 3-23 3-27 2 34%c 2 4-16 above $4.10 2 2 3-16 3-20 4- 4-13 stock series— $4.80 4- 1 5 4-16 was (quar,)___ $3.60 4- 44- 4-16 T 1795c 3-14 3-26 2 1 distributions Northern States Power Co. Common 3-31 75c ! shown Machine Judd 2 4- 1792c 5c 2 .3-26 (payable from inc.) Power Strathmore Paper, 3-22 4- 20c Quarterly & 2 4-16 Bedford North 4- 4-16 preferred (quar.) $1.75 Southern Oxygen Co.,, Inc. (quar.)__!__i " ' 50c Southern States Iron Roofing Co.— * 5% convertible preferred (quar.) 3195c Stahl-Meyer Inc., $2 to $5 prior preferred— " 50c Standard Screw Co. (quar.)_— 60c Standard Steel Spring Co.— : 3-20 50c Cordage, 7% pfd. (accum.)__ preferred (for period Dec. 1, 1950 to April 2, 1951, payable upon exchange of shares for debentures) England 1 ___" Edison. Co., com. (quar.) (quar.)_ (quar.)—___ Colorado Southern 2 4-16 ZII common Shares Britain 4- 4- 1 first 3-29 4- 175c 175c ~ZI 5J/4C 6 1 4-17 - 11c Co., commonJ; California 5- , " 56c : preferred A (quar.), preferred (quar. )^_Z- 6% 4-12 4- Gas preferred Southern 4-12 1 ZHIZI-ZI year-end 4-16 3-29 . :___ 1 Co. 3-20 4-. 2 -30c — convertible preferred Southern 1 5- (initial) (quar.) 90c 3-20 2 , 20c preferred (quar.) 4.48% 3-31 5- Products -4.56% 3-30 4-16 25c (quar.); Ltd— Corp. 2 '4< $1.50 gains ! Clothes Co., ,u4- 20c •' $1.25 preferred (quar.)— (quar.)___— Southern California 3-24 4-25 Paper 3-30 $2 5% Co. Atlantic 5% 3-16 1 5- gains. New 4- 55c up ^300 _ 1 $1.50 Mines, Brand Sonoco 5 20c ' ,,7% New 4- 5- 5c $2.50'. . 1 4- 3-30 1$1.75 (Wash., capital Aircraft South 3-20 4-16 15c make Neptune Gold Mining Co. 2 Solar 6% ■„ dividends fiscal 3-29 units Airlines, preferred Miller Society 3-20 (inqr'eased)— this Low-priced 3-29 ZI_Z—III Distillers. Products Corp. Co. l#(quar.) i. Stock 2 $1 Extra 25c 56 \'a 4- 3-24 $1 Department Stored National 5-10 50c 4- 25c rate .____ -— Stores Co., Simplex 3-31 25c dividend (quar.)^ (increased quar.) Corp. 3-31 20c RR. (Del.)_— arrears) Mining Silver 3-31 5- from prior Sidney 3-22 $1.75 National Manufacture & Stores Corp. National Securities Series— New 3-31 '4-20 , $1.50 : Industries, Shaffer 4r20 = 1295 c (quar,)_: dividend able 4-13 (quar.) National Lock 4-16 3-20 - (quar.) (quar.), (quar.)_„ (quar.U 50c. (quar.) (quar.)_; Western dividend 3-21 ;.'4- )2 . 6c , Electric $5.50 April Company (quar.) Telephone & Telegraph Co. at pfd. (quar.) preferred & 4-20 2 1 (annual) quarterly -^'SOc *■ 2 5-1 . $1 (quar.) partic. Co. Oil Co. 3-22 5- 4- 4-10 <:1 regular paid • 1 3-30 4-10 $1.20 (quar.) common Worcester Button Selected to at _ established - 4- 3-30 60c pfd. & Selected American Shares changed preferred Mills, 6% Products Security Storage Co. 4-30 3-31 & States Quarterly 4-16 5- 4-10 5-15 $1.50: t on Woolen Gas & Electric Stock _4- - 1795c - 4- 2 V4-10 ; 20c ' ^ Corp., 59i preferred (quar.) 5 3-24 37Vie National Chemical & Mfg. Co National City Bank of N. Y. 3-20 1 11- 3-31 35c (quar.)__ Co. (John) Mountain 3-20 1 11-15 i«/2C Go.j Income series 2 _Z~ A Edison 3-28 4- 4 i'/2c be -$2.50 preferred (quar.~-*.$295c3-24 2nd preferred (aceum.)____________ * $2.50 - 3-24 Seaboard 5 8- 1 -4-14 . Corp., 5% Seaboard 5- 2 5- *.'$1,25,-, (quar.).- Lighting Co Salem Gas Light Co San Toy Mining Co 4 8-15 $1 j, Morrell The 4- 5-15 15c Missouri Gas & Electric Service Co Monroe Loan Society, common A (quar.)____ 5V2 % preferred (quar.) 3-27 5- 75c 2nd 3-30 5-25 common- 3-22 2 4-14 4- 5-15 20c Corporation Salem 3-30 **4^2 t75c Pioneer Petroleum Co., prior pfd. (s-a)__ ' Piaihfield "Union Water -(quaiv)____________ Common 9 42c common preferred 2 4- $1 (quar.) prior 3-30 3-30 ~ preferred Co., Company, 4-16 4- Co Belyea Ltd., class Falls 4- $1 20c $1 (quar.), •4- 27 Vzc Balanced series 15c ZIIZII Class B $1 3-31 25c Co d Inc 1% 3-29 4-17 ~ (quar.) Company, Electric Mfg. Foods, & & Millers 3-22 2 4-12 Z—III _ (quar.) McBean Bakeries National (quar.) 4- V4-12 - -$1 ' t$1.59 Russ Building Co., 6% pfd. (accum.)— Russek's Fifth Avenue, Inc. (quar.) St. Lawrence Flour Mills Co., Ltd.— 3-28 4-16 preferred (quar.) ] Midwest Piping & Supply Co., Inc.—, 3-28 2 12 94 c Finance Corp., 4% pfd. (s-a) 11111 Safety Razor Co. (quar.) Ghnbel Brothers, common (quar.) 3-31 $1.06'A held 75c _. (quar.),. (quar.) Pennsylvania Gas Co. iquar.) 7% 3-28 75c' Milles 2 4- * - common Fashion " 1295c (quar.) Penman's, Ltd., 6% preferred 3-31 25c (quar.) be 7% 4-16 35c 25c 12 94c Gillette 4-16 379ic Missouri 15c General 3-26 Mississippi Shipping Co, 15c — 6 $1.50 (quar.) 3-20 56 94c ; 4- 1 4-16 3795c (quar.— preferred (quar.h-_~_-___ 4.10% preferred (quar.) 9 25c Low-priced bond series _ 4- 5c would Cement 3-29 Texas— Gladding, Co. 4-13 25c common 4-30 (quar.) a proposal two-for-one $1.12'/2 pfd. .(quar.)_-_—2295c 4% 9 7>/2C 4 9c , preferred Full 1 5- - Consolidated, Inc.— common Rochester 50 cents. 3-31 Common Corp. to to value $1.50 25c convertible Bronze meeting par Portland Midland 3-29 $25 (quar.)_ quar.) 4- $1.30 class A (quar.) Michigan Bakeries, 592% 1 5- Corporation, Rochester 3-15 4-30 Trust 3-29 8- 2 25c stock (qtutr.)_ pfd. (accum.)__^____ " Transportation (quar.)_. Peaslee-Gaulbert, ;4V5% per unit of Massachusetts smaller payment (The) General Medusa convertible preferred Pathio Mines & Enterprises Increased Pemco 1 5- 31i'4c Aggregates— Rittenhouse Fund, 3-30 3-30 %2c 4-19 50c City) 6 6 Ltd *38c 100% preferred (quar.) Co.,-common (quar.)^_ 5% preferred (quar.) 1 ; General American Oil Co. of U% The McLellan Stores Extra (San Fran.) (increased 4- 30c Mid-States Equipment, 5- 3-30 25c common from $1 4%% 5- $1.25 - ; (Mass.), common.: 5% preferred (quar.)— Republic Aviation Corp Revere Racing Association.- 3-23 4- 35c —— *$1.25 40c Bank Industries Funsten 25. 6-15 6- 20c the Coast (quar.) (quar.)_, $1.25 Pantex Mfg. Corp.. 6% $3 40c , " _______________ Pyle-National Co.r common 8% preferred (quar.) 3-29 4- l____ the annual 3-26 $1.50 — Frontier split 3-31 3-31 1 3-31 4-14 12 Vic McCrory Stores Corp.— Stockholders will consider ( 25c L_ 4- & Factor & (nuar.) preferred Pacific Recce 3-29 (quar.) A dividend of $1 • 45c Participating 1 Payable from investment income—9c C% preferred (accum.) J$6 Massachusetts Hospital Life Insurance Co.-— 5 15c __ 4- Manitoba Sugar, 3-31 Factor. Filing Equipment Bureau, common 49sc participating preferred (quar.) 4-19 Melrose Gas Light Co.__ Manhattan Bond Fund, Inc.— 3-30 30c ___ 1 ;; 494% preferred (quar.)__ MacFadden Stores, class A (quar.)_ Maiden 4-10 ' $1.25 (quar.) 5- 25c Maine Central RR. Co., 69<> prior pref. (quar.) Maiden Electric Co. ; 1 $1.12 >/a . Phonograph Corp. 25c Co.— 25c (quar.) ___ 495% 3- t37c Fidelity-Phenix Fire Insurance (N. Y.>—« Quarterly Fifty Associates (Boston) (s-a)__ Gobriel 2 J25c Bearing Co National 3-22 l$1.25 Federation Bank & Trust Co. (N. Y.) (John J.) & Company, Inc. Fidelity Fund, Inc. (stock dividend) First 2 t$1.25 - — — Co. See Quarterly 4- sinking fund preferred Providence City Gas & Electric— B 5% $1.25 Prestole 4-19 $1.25 +25c (quar.)___ 1 $2.00 preferred $1 35c Finance Corp. of California— Prentice-Wabers Manufacturing— non-cam. Class 1 Felin Fireman's Fund 3 3 3-22 20c — _ (Max) 4- 4- 2 •h —— Empire Southern Gas Co. (quar.). Elizabethtown Consolidated Gas'(quar.)— Equitable Office Building Corp. (quar.)_ Erwin Mills, Inc. (quar.) Factor 4-30 Corp., Ltd.— (quar.) Co., common preferred (quar.) 4(2% 592% 4- 4- Valve Luzerne 4-17' Corp., Ltd.— Products Emerson 3-24 2 10c ■ — Magnesia 4-12 4- 75c —— Ekco 4-26 *37 95 — 5- — Mines, 10c Plymouth Cordage Co.,^ common..;;:;:..:.Employees stock 3-31 25c Gold Ludlow 1 4-20 50c Co. (quar.) ... Lockwood-Dutchess, Inc, (quar.) Longine-Wittnauer Watch Co. (quar.)_. Ludlow Typograph, $6 preferred (quar.) , v ——— ——. Eastern 7- r. , Co., Ltd,, 6 % pfd. Dominion Malting Co., Ltd., com. .Common (quar.) 59'c preferred (quar.)__ 5% preferred (quar.)— Lines 7-10 50c (quar.)_ Coal Air 6-20 3-23 3-28 20c Co., — B 6-20 6-30 2 4-16 $1.50 Max & Anglo Investment preferred (quar.) Class 5-19 6-30 Leitch 3-23 40c 20c $1.3194 35c preferred - Industries, Inc.— Investors Dominion Eastern 5-30 50c (Joseph! Crucible Co. (increased) Dodge & Cox Funu. Beneficial shares— Dominion Steel & 5-19 50c Dixon Dominion 5-30 2 37V2C Life Fund ; A Island—- •' (quar.) Co 5% $2.50 Co Latrobe Electric Steel Lehman Corp. 4-20 Pacific on , Massachusetts Co,, Ltd.— class held 15'/2C Inc. (quar.) Superior & Ishpeming RR. Machine Cp. (quar.) Quarterly Quarterly Mfg. 3-20 $1.25 Manufacturing Co Pacific Car b Foundry (quar.. ' (quar.) (accum.) Brewing i '3-19 3-31 * _____ 4-2 1292c Osborn Polaroid (quar.),: quarterly basis, Nov. • 1, Feb. 1 1; 4- $60c considered be to Rhode preferred new 4- 20c ; Landis 4-20 4-30. 40c - — ... $1.50 convertible Beneficial 4-30 4'/4c (quar.) the on 3795c a D/iher Steel Construction 59c 3-16 294c — (initial) on payable- , 3-30 30c Corp. 3-20 20c Kurz-Kasch, Lake 3-16 1295c — common dividends will 3-21 3-20 3-30 10c — Tunnel (G.) 3-30 25c _ be (quar.),, Kentucky Telephone Corp.— 5.20% preferred (quar.),,. Knapp-Monarch Co. (quar.) 4-16 15c — 2 : Kendall Refining Co. 4-10* 30c (irreg.) Co., $1.50 preferred 5-18 10c —_ ——— Products Co. Match 3-20 7»/5c — (increased) com. Co. Detroit & Canada Detroit Steel 3-30 4-16 95 c preferred "A" Y. 4-16 95 c (quar,)—, Deposited Bank Shares, series N. Y. (irreg.) N. 4-20 y2c Light Co Rubber, convertible Series 1 V2 c (quar.)- Inc.—; & 5- Orangeburg 4-14 4- & (quar.)^ Orange k Rockland Electric, common 4% preferred (quar.) Pilot (increased) preferred (quar.) 59<? 5 • & Lines, Tire 4- 95 c —— Deninan 4-16 95 c —— of Gas Payable of Ree, 1292c preferred . Common $1.50 — 1 (quar.) (quar.) 3-16 5- preferred Holdert ' r—Z Philadelphia National Bank__l__ Philadelphia b Trenton RR. (quar.)_'_______ preferred (quar.) $1.50 — Delta 4-16 6% 45c . 3-24 3-31 50c Kearney (James R.) Corp. (quar.),,, Kellogg Switchboard & Supply Co.— Krueger , Delaware 5-15 *5c — (quar.)— b 4-16 50c (quar.)—— 3-29 Manufacturing 15c — _— (monthly)-——— Class B imonthly)— Class A (monthly)_: Class B (monthly) — 69i> preferred (quar.) Davidson Brothers, Inc •—— (W. E.) 5-15 25c A Dean 4-16 37 Vac (quar.) Co., common (monthly) 3-26 5- $1 Dansker Realty & Security Corp.— Class A (monthly!. Class 5- 4- (s-a)— Continental Insurance Co. of N. Y. (quar.)_ Corporate Investors Ltd., class A___ Crown Cork & Seal Co.. Inc. (quar.)—— County Trust Co. of White Plains (N. Y.)— 4-10 Co, (quar.40c Publishing Co. of Ottawa 120c Kansas City Structural Steel Co., common $1.50 55c (quar.t^ 3-30 15c 45c Journal 30c ——;—_ — meeting Heintz Precision James 3-20 (quar.) Co. preferred 44- 25c Co. Trust (quar.)_____ Electric, $4 pfd. 5(4% Portland 4% 4- 55- 25c (quar.)——— Co. annual preferred 51c 3-20 3-30 10. Mutual preferred & 50c (increased quar.j. Dearborn Power 4% 25c Printers Jack t 3-30 50c Participating 3-31 5-15 (N. H.t, 7% pfd. (accum.)_ Insurance Co. (quar.)—— the 2 2 4- 12 '/2c —— at 3-30 4- $1.25 common non-cumulative 4- 25c 50c -- 3-23 2 4- 4-16 $1.37Va , Co., com. (quar.) preferred (quar.)_ Co., Ltd._i„^._,_i $1.1292 — pfd. Oilgear Company Parmelee Telephone 15c (quar.) 75c Connecticut $5J to 3-28 69£> 1 5- split. 3-20 Connecticut Light . Inter-Mountain 3-24 special meeting approved The par value will a from $10 1 Concord Gas Co. Consolidated reduced 2 4- non-cumulative When Share Company, 5% Oklahoma 3-23 America— 4 Concord Fund, Inc.i4——a— Connecticut Fire North two-for-one a $5 3-20 2 75c 4- Company (quar.)———_— Co. (Jersey City; (quar.) Hotel, 5- of 3-29 4- Corp.— 4- (quar.)_. f—-— Commodore 5-15 3-31 be Trust Extra 5 50c Co. Stockholders at & Company Inc. (reduced)— Ohio Service Hoiding— 3-14 35c . (quar.), 43%c 495% preferred Stockyards—:— Union Cievelar.d Insurance 3-26 3-31 75c (accum.) Paper, Cincinnati 50c , : Chemical & Gas 3-19 ,2 Inc.— (quar.) preferred 1 4- 50c (quar.)— com. Associated Telephone Corp., preferred Oberman Corp.— preferred, class A (quar.) Oil Field Material Co., Indiana Century Investors, Inc.— $2 old preferred (quar.) 5VzVo preferred (quar.) Hurd Lock & Mfg. Co. (resumed)____ Imperial Sugar Co. (quar.) 5-25 4-16 20c ______ j& Ohio Ry. (quar.i__— common preferred *35c *30c —i. 4- 45c —— 5% "*$1.50 — 3-30 3-19 75c Houston Fairbanks-Morse Co.— preferred Canadian Motor 3-16 3-21 50c — Corp., 3-31 3-31 50c $1.25 Co.— Products 3-31 20c 20c — Light *30c Canada 4-16 *75c (quar.) (quar.) Co. Harris-Seybold Co., common (quar.) $5 prior preferred (quar.)— & Cooley Co 2 4- *50c Service Mfg. Hart 4-16 *85 ;— (s-a)__ (quar.) Realty Co. of Canada— preferred (accum.)— 7% 3-26 5- Association Inc. Guardian 3-19 2 Industry Shares 3-30 Insurance 3-30 ■Per Name of Ohio-Apex, (quar.) Companies 30c Fire — Cooperage— Growth (s-a)—. Camden A Growth Inc.— preferred (quar.) Butler Manufacturing, 3-16 1 Inc. Holdert 4-10 1 4- $1.25 Brush-Moore Newspapers, Industries, When Payable of Rec. 4- 4- *$1.50 __ Share 35c 1$1.50 (quar.) Browning-Ferris Machinery, common 6% preferred (quar.) Bush Per Name of Company Payable of Rec. Telephone— 6% 6% 5% Holdert When Share 4- 2. 3-20. 4- 2 3-23 4- 2 3-23 " 6295c 2 3-20 £<> • "Volume 173 iptfc Number 4997 . . Chronicle The Commercial and Financial . (1315) 47 -i US 1 , . we 45c 4- t75c 4- /Abitibi Power $1.50 & Paper 137 ftc 4- preferred (quar.)__-. i. 1 3- 1 Ltd., common— Co., 6ft 1 New class A $1.20 pref. L Adams (J. Mfg. D.) (quar.) Admiral Aetna IiisuraDce 3-15 4-10 3-15 Jftetna Life Insurance Co. (quar.) Agricultural Air preferred hlfg. 3-14 2 3-14 shaie Brass 4- 2 3-21 4- 2 3-21 25c 4- 6 3-22 Common 5% ~I6c . —- (irreg.) 1 1 1 4-21 25c 8- 1 7-23 25c 11- 1 10-22 25c 5- 1 4-21 4- A (quar.) Class A (quar.)_ — Class B (quar.)„"_; — ' Class ^ Class B B p Alabama 4.60ft 25C (quar.) J Power Super Markets, Alden's, Inc., 6ft Electric & Steel Allianceware, Inc. Allied Electric Products, 2 5 3- 5 3- 9 5c Allied Paper Mills Allied Allied Products Stores Corp., AllisrChalmers Aluminum (increased Avon 75c 4-20 3-15 3-31 3- 2 3- 9 1 5- 9 (irreg.) 25c 4- 2 3-15* Amalgamated Leather Cos.— 6ft convertible preferred (quar.) 75c Aluminum Goods (Canada) Mfg. 4ft Co. Amalgamated Sugar Co American 5ft pfd. ; (quar.) Bank 6ft Insurance (N. Note preferred Co., (quar.) & 3-20 4-2 4- 4-16 30c (quar.)_..___ 4 preferred American Crystal Extra .—1 (quar.) 4-10 7ft Sugar Co., 3-23 $1.75 4-. 2 3-15* 'f~ 4'/a ft pripr preferred (quar.) 3ft ft 3»/2ft pfd, series A pfd. 2 4- 2 2 4- 2 3- 87 ftc (quar.)__ Inc., 7ft pfd. (quar.) American Enka Corp. (quar.)'. — American European Securities Co. (irreg.)_ Express Coi American American Felt Fruit American American Hair Felt preferred American Hoist Home American Insurance Increased —_ 4- 2 2 3- 4- 2 preference Locomotive Co., American 7ft - 4- 1 preferred (quar.)-——— 1 1 4- 1 3.90 ft , preferred 3-12* Manufacturing Co. ' 4ft ft ft (quar.)— American Metal Co., Ltd. , . Co. * 1 3-15 1 5-21 3-28 50c (quar.)— 3-16 4- 10c (quar.) 3 * " Bell 4-16 37 ftc 5- 1 4-16 50c 4- 2 3-15 American. Safety Razor 12 ftc 6-15 $1.75 19-15 $1.75 12-15 6- American Bnuff Cp., Corp.——— __—_ common 4- 5 1 3-30 12- 1 3- 1 60c 4- 2 3- 2 3- 2 3-31 4- $1 7ft; preferred (quar.) (quar.) (quar.) — 3- 4- 2 3- 2 3- 5* : 3-15 '■ Class. B Extra ; , ' ——T J— convertible preferred Common, common 4- 2 3-16 4- 2 3-16 4-2 3-16 4- 3-16 . Mining Co. Anderson-Prichard Oil Corp. (quar,) 2 4- 1 4-13 6ft • 5 1 4- 7- 5 6-28 7i 5 6-28 3-31 3-16 6- 5-18 10c -30c 1 — 6 75c 3-29 30c (increased) — -3-31 3-19 4-10 3-28 4-12 3-20 3-30 3-15 10c 3- prior (quar.) noc 5C . 2 3-10 $1.06(4 4- 2 3-10 $1 4- 2 3-10 3-31 4- 2 4- Boston preferred & -Boston & Albany New 5 ft ; Financial T (quar.)— — Caldwell Linen Mills, Lid., common (quar.) $1.50 1st preferred (quar.) 80c 2nd participating preferred (quar.)— 3-23 Calgary & Edmonton Corp., California 2 3-19 5-17 4-26 (quar.) $2.50 sinking fund pfd. 1 4-27 5 ft ft. 4- 5- $2.50 2 4- 3-31 3-22 4- 3-22 2 5c 4-21' 6-21 2 4- 2 3-15 25C 4-12 Ltd. conv. Oft preferred 4* 4- 4> Canada 3-19* 4- 2 3-14 Canada Northern Canada 4- 2 3-14 4- 2 3-15 $1.50 4- 2 3-10 Class f35c 4- 2 3-10 Canada 40c 4- 2 3-26 3- 2 3- 2 $$1.50 4- 2 t$1.75 4- 2 1 4- 1 3-15 3-15 3-31 3-15 : . 3-31 3-15 3-31 50c 4-1 Power Corp. $1,75 4- 2 2-21 50C 4- 1 3-21 4- 1 3-21 30c 3-30 3-15 15c 4- 3-26 2 25c i . ' ... 3-29 3-19 25c 3-29 3-19 20c —.— 3-26 3-12 50c $1.06)4 62ftc 30c 3-30 3-13 4- 2 3-15 4- 2 3-15 3-31 3-16 - Co., Bronze 3-30 3-30 3- 8 Canners, Ltd., common 13c 4ftft Ltd. 4-30 4- 2 3-10 4- 1 3-15 3-31 3-15 4- 1 3-20 4- 2 3-23 t62ftc 20c $1.06'ft 125c 4- 2 3-lb 4- 1 3-15* 130c 115c 4- 2 3- 1 4- 2 3- 1 150c 1$1.75 Z3llAc 125c 131c 4- 5- 1 4-10 5- 1 4-10 4- 2 3-10 160c 125c 143^4C $70c 3-31 3-13 3-31 3-13 3-31 3-13 3-16 $1 4- 2 3-14 i — 3-31 2-28 2 3-20 new 2 3- 2 $$1.12ft 4- 2 4- 2 , 1 2-28 1$2 , i 2 3- 125c 122c 120c 3-15 4-16. < , , 4- , 3-31 3-31 4-16 1 ) 3-14 3-30 » 4-14 3-15 V 3-28 3-14 , 4-30 4- 2 4- 2 4- • 2 3- 9 3- 9 3- , 9 3-30 4-14 ,7-14 6-29 - > .4- 2 3-29 , 4- Cannon Mills Co., Class B 2 3-15 , 4-15 3-31 common — $3 12- 1 $3.08 6- 1 5-10 9- 1 8-10 Caiolina $1.25 12- 1 $5 Power preferred & Light (quar.) , 3-19 6-1$ 7-16 9-17 2 3-10 4- 3-31 75c 3-31 75c $1 4- 2 3-23 4- 2 3-12 , 4- 1 3-15 , 3-30 3-3 Carey 25C " Capital $1.25 4-16 10-15 137ftc 75c — 'Philip) Mfg. Co. 5ft preferred (quar.) Carnation Company, 334ft , 110cf H°c HOc (quar.) 8-10 9 . > 2-28 4- 2 3- Wirebound Boxes, Ltd.— A 5-10 11- 3-16 2 — 1 — ■' 3-24 2 — 1 — 3-19 2 2 Ltd., — 9- 9 2 3-31 4- 4- 125c Vickers, 6- 11- > Western Lumber Co. Common 50c — 3-20 4- Machine (Initial) (Initial) (Initial) (initial) 3-15 4-25 Industries, 30c com. 3-15 2 4- Investments, Ltd.—• 1 —I ————.—— iquar.)— 4- 2 130c (quar.)— Administration Co., Ltd.— preferred A (quar.) — Capital Transit Co.——— Capitol Records, Inc.— $2.60 convertible preferred (quar.) $2 . 3-15* 1 4- 4- 150c Canadian 3-19 3-14 3-15 4- Co., Ltd., class A— Ltd., common— 120c 7 ft preferred (quar.)— 1$1.75 Canadian Ingersoll-Rand Co., Ltd 1$1 Canadian Oil Cos., Ltd., 4ft pfd. (quar.)—_ 1$1 8ft preferred (quar.) 1$2 5ft preferred quar.) 1 — 1$1.25 Canadian Refractories, 4ft ft 1st pfd. (quar.) l$1.12ft 4ft ft 1st preferred (quar.) i$1.12ft Canadian Western Natural Gas_! —— 1$2 Canadian Westinghouse Co., Ltd. (quar.)—— 150c 3-29 87ftc : preferred preferred preferred 3-15 — Ice Canadian Class 2 3-15 9 Products, Ltd.— Extra Canadian Canadian 2 3-15 5-15 <quar.)_ Canadian General 3-15 4- 1 4-13 (quar.) convertible preferred (quar.) — General Electric Co., Ltd. (quar.) 3-26 4- 3- 4- 1 — preferred 2 25c 4-14 4-14 5- Celanese, Ltd., common 3-29 4- 5- 1 — preferred Common 200ft 4-14 1 Common $1.37 ft 9 4-14 5- 1 (s-a) Canadian 3-31 $1.25 3- 5- 4- (quar.) Increased - 3-16 4- — Extra ... 3-16 4- (quar.) (quar.)— . (quar.) Canadian Cottons, Ltd., common 3-17 9 2 4- 63c 62ftc 28c 28c 75c 62ftc 50c 34%c (quar.)—— preferred 6ft 7- 3-15 quarterly preferred $1.75 3-10 9 7-27 Permanent Mortgage Corp.— Canadian 3-15 3-31 9 4- _ (s-a) B Canadian 4-16 75c Ltd. Packers, Ltd.— participating class A Canadian 5ft 9 7- 3-15 7ft non-cum. preferred Canada Varnish, 5ft preferred (quar.) Canadian Breweries, Ltd. (interim) 3-15 J25C Foundries, Increased 2-28 4- 4- 4-27 3-15 Canada Starch, Ltd., 2-28 3-15 4-27 7-27 131'ftc 50c f25c 3-26 1$1.25 Iron t20c 3-12 175c Canada Bread, 5ft 84ftc 7 2 4- 175c 3-15 3-19 8 3- 3-12* $1 3-21 2 3- 3-28 Inc. 2 3-31 2 3-31 $2.50 62ftc 4- 4- 3-28 4- 4- (initial quar.)_.— $1 50c 3-28 4-15 15c preferred,B (quar.) Dry Ginger Ale, Inc., common— $4.25 preferred (quar.)_ Canada Flooring Co., Ltd., class B— 25c 3-28 4-15 4- (s-a) Canada 50C RR 4-15 Co. $2.50 pfd. (qua::)Associated Bakeries, Campbell (A. S.), Campbell-Taggart Quarterly 2 4-12 4- 3-16 4- (s-a) 4- 3-16 2 12ftc ;28V'8C $1 f 120c 137c 120c pref. (quar.) preference (quar.) conv. 2 4- 4- (quar.) ——— California Water Service Co. (quar.)_J.i4— Camden Forge Co., 5ft ft conv. pfd. (quar.) Camden Refrigerating & Terminal— 3-15 25c Power 3-20 4- ' 2 3IV4C $1.75 preferred (quar.) California Packing Corp. 6-11 4- — (quar.) 4- 4- $3 5-10 5c Electric 3-14 28VbO preferred 5.60ft 4-10 5-21 —_ Corp. 3-16 50c ——— (quar.)— Common 5ft preference A 2 5c '• common Maine RR., 5ft (quar.) 4-15 4-16 5 G ft C I Canadian Food Common New C 3-15* 30c * Ltd. Butler's, Inc., common (quar.) 4ft ft preferred (quar.) 5-31 $1 —— 4ft ft conv. prior pfd. (quar.) 5ft non-cum. preferred (quar.) 1Bush Terminal Buildings, 7ft pfd. (accum.) 2-28 6-30 10c —— Eush Mfg. Co., 35C — Boston Herald-Traveler Corp. New —— 4- — 25c >Borg-Warner- Corp., 3ft ft — $1.75 — (quar.) 3-31 2 e (quar.) »s-a) 3-13 4- $1 Tnc. 3-19 4-30 3-31 4-20 40c $1.50 Club 3-31 $1.25 40c $1.75 1. Canadian preferred of Boston, 4-13 t50c dividend Fund 4-30 common — Book-of-the-Month 3-19 B f50c (quar.) 3-14 3-30 Class -*15c Co.. Inc., common— 1 6 $1.12 ft (approved by majority of stockholders at special meeting). Three shares for each share held Bond • iH. C.) 4- 3- 8IV4C (irreg.)-. 3-14 1 1 Tobacco preferred Bohack Stock 3-22 5- 75c (quar.)- Co., Lid Angostura-Wupperman Corp. Brothers Bloch ■ 3-16 $2.25 1 Anglo-Canadian Oil 2; 5ft ft (s-a), preferred (s-a ft Metal,. Inc., com. (quar.) 6ft. conv. preferred (s-a)___ Co. 15c $1.25 Ampco Angerman 3-15 4- $1.25 (quar.) $4.50 Copper 2 25c (quar.), prior preferred Amoskeag Company, $5 Anaconda 4- $1 (quar.) American Zinc,, Lead & Smelting Co.— 4ft 25c 10C (quar,) 2 $1.75 , (quar.) 9 4- 15C; American Wringer Co. -(quar.)— American Yam & Processing, com. 3- 4-16 $1.50 , Co. 3-15 1 4- SI Son 2 4- 93%c — (quar.) class 2 4- 10ft — — Ltd., Co., 3- 2 4- $1.25 . Co. 4- 3-30* 2-23 common — -(quar.) (quar.) 4-13 Co. Corp. & 3-15 3-15 preference 40c iquar.)—J—— — Birdsboro Steel Foundry & Machine C®;— Increased quarterly Black & Decker Mfg. Co. 'quar.)——.— Blackstone^ Valley Gas & Electric— •* 4~.25ft preferred (quar.)— Blauners (Phila.), 5ft preferred »quar.) Bliss & Laughlin Inc., common (quar.) 5* 4- Machine Bird & (quar.) — Co., 1 2 B Steel 3-15 4- 2 Class — Corp. Manufacturing Binks — (quar.)__ Inc. 1 4- 3-20 — J—— Extra ; — Co., 2 4- 90c 50c — (quar.) Watch 3-23 4- $1 (quar.) common Co. 2-26 4- 2 —■' (quar.). __ 4- ,——_ & Cement 3-30 25c 50c Corp. 4-16 440c 22c 25c 62ftc $1 t2c 25c 15c $1.25 20c 10c A (quar.)— Limestone 3-30 Class A Burnham 37ftc Bingham-Herbrand 5* 4-16 preferred 3-15 1 3-12 (quar.) Aviation 2 Company, common preferred Builington 40c (quar.) 45- 3-13 —- *— 3-15 2 (quar.)—;—_—— —u_— 2 3-27 Co. Co. 2-26 4- 4- Co.— RR. Packing 9 5c Coip.. com. (quar.)__ dividend 5-15 1 Burns — 2-26 9 4- 8%c 6- Co.— & Distillers Co., (E. L.) Bulova (quar.) preferred (quar.)— Bibb Mfg. Co. (quar.) 3- 2 10C American Tobacco.Co., 6-ft pfd. 7ft pfd. (quar.)„___- American Woolen Co., 3-30 Savings 7ft 3-15 $1.75 —_— American Telephone & Telegraph Co.' 4-14 $2.50 4ft preferred (quar.) 'Bethlehem Steel Corp. 3-16 $2.25 50c * 2 3-12 3-23 Corp preferred Bessemer , 50c 2 50c (quar.)_ Works 9 4- (quar.)—, (quar.)_, Class B common (quar.) 6ft preferred (quar.)— Building Products, Ltd._ "• quar.) 4- 2ftc (quar.)__' ~ f$l +$1.19 Ltd ?10c . 10c 5c 15c t45c 25c 75c J25c 20c t50c +50c t50c Telephone Co. of Canada (quar.) Industrial Loan Corp.— Bird 4- 30c 4- 3-30 $1.50 — 2-26 ^ (interim) Ltd. preferred Class 12ftc 8 3-31 3-20 (increased)-—.;— (initial (Ludwig) Creek $3.25 8 4- 15C 3-20 2 —— — preferred Iron Bendix ,3-16 $1.50 (quar.) preferred ' (quar.)— American Stamping Co.— American States Ins. Co. " (Indianapolis)— $1.20 preferred (quar.)— — American Stores Co. .(quar.)— .— American Sugar Refining, common (quar.)_ 6ft 1 4- 15c Common 1 9- . 20C 4- (quar.)——— (monthly).—1 Co. 9 t.- $5 preferred (quar.)_— Bucyrus-Erie Co., common 7ft preferred (quar.) Budget Finance Plan— 4-14 3-15 (quar.) common 1 4- (s-a) Brunswick-Balke-Collender Beneficial American $1.75 1 3-28 California of common Common 3-20 1 preferred »qi;ar.)_— ■; Optical Co. (quar.) .ft Paper Goods 7ft' preferred (quar.)—— 7ft preferred (quar.) 7ft preferred (quar.) — — American Rock Wbol Corp.-—— 6 ft' American 5- $3.50 .—— 5ft; 4-16 12 ftc Corp., 1 3- (irreg,)'..'— $3.60 3%ft 25c Corp.— 3- 2 (quar.)_ preferred Stock 1834C ■Belding-Corticelli Ltd., common (quar.) — -7ft- preferred (quar.) ^— Belgium Glove & Hosiery 'Canada), Ltd.— 3-23 Quarterly .—11 . — American Natural Gas Co., com. (quar.)_.— 5- 5-15 — Beech-Nut American-National Fire Insurance Co. (N. Y.) 40c 2 (quar.)——_— —_i_-_ Manufacturing Beech 3-30 46- > $1.12 ft Products Co. Molasses American 25c ' preferred, (quar.)__ American Metal 4-14 97 ftc (quar.)-' 6- ' American Machine & Foundry Co.— American 4-14 $1.12 (quar.)—— Bausch & Lomb Optical Co., 4ft pfd. (quar.) Beatrice Foods Co., common 'quar.)—— 33s ft convertible preferred (quar.)—— Beatty Brothers, I-td — Beaver Lumber Co., Ltd. class A 'quar.) — $1.40 pre)erred 'quar,) 3-12* $1.75 Co. Baumann 3-15 4- r —, 1 62ftC preferred $4.50 Bath 3-15 4- 25c common 5- (quar.)-—-.— Avenue Eank— common— 2 4- (quar.) Co._— 3-15 Extra 1 31 ftc (quar.)—'- 1 (quar.)— Y.) (N. Co., Brothers New 1 28 Vic 5ft Co. 4- Is Mfg. 1 4- — Co. t25c is Brown-McLaren 50c & 3-23 Corp.— common junior preferred $4 preferred (quar.) Bruce (accum.) Trust 2 Products, Co. 4ft 4- —_ Fifth & Extra 3-14* 3 5ft 50c 25c 3-15 4- Brown Shoe Corp Steel Oil Baf.es 3-16 4- 2 3-14 Corp.— ' 4-2 Co., common Brown-Forman 15c Corp.— 3-15 4-16 2 ft ft Mines, Bigelow, Bullard National Monthly Bastian-Blessing 3-26 4- 4- —• Monthly of Illinois— American Investment Co. .f Basin 3-26 50c 30c — Mfg. 4ft ft 3-20 3-31 10c (monthly)-, (Newark) — Co. 1 3-31 4- 25c Products Corp. American 3-20 25c (quar.) Derrick Co. & 4- 50c _— 3-15 (quar.) Francisco) preferred Barker 3-16 $1.75 common (qukr.)_„_ American Hardware Corp. (quar.) 7ft $4 3-15 1 3-31 25c 1st pid. Steel York New Oil Barcalo 3-16 2 3-30 50C (quar.).. 2 4- 12 ftc pfd. the- Manhattan Barium 3-23 4- - $1;50 $1.50 $6 preferred (quar.)_. Hard Rubber Co., 5 3-30 . (San Trust Barber 3-17 " 3-24 (quar.)— (quar.) America of Bankers 3"*5 3-28 $0.1282 Inc American 3- 3-24 1 8c (quar.) Worsted Quarterly 3-'21 25c Co., common 2 $1 preferred (quar.), Growers, & 2 3-31 of Bank 5 $1.75 (quar.) Co.j 6ft 44- 87 ftc L (quar.) series B 3-15 1 4- Quarterly'. —u-L————_—— 3-20 American Dairies, 2 4- 8c (quar.)- Corp. of Bank 3-20 4- $1 4-- 50c (quar.) Co. Porcelain Assn. 3-20 4- 30c (quar.) Co., com. Durrell stockholders preferred Bank 3-15 30c ——— American Cyanamid 3-31 $1.12% com. — & Brown — 2 (quar.) Porcupine Brown 3-15 10c 5ft pfd. (quar.) Hydro-Electric Co., common (quar.) 7 ft preferred (quar.) 4 ft ft preferred (quar.) 4ft preferred (quar.)_ 3-23 3-30 Broulan 3-15 Bangor & Aroostook RR., 3-27 3-30 SI $1.50 5-15 2 — 4- $$2 (quar.) County Trust 68 ftc iquar.) 2 (interim) Co. preterred Bronx 2 $1.87 ft 3-23 4- 1 (Increased s-a)_ Investing Corp. 4- 2 3-14 3-31 (quar.) 4- (quar.) 3-31 75c Ltd., com. Power Glass 715c Bangor 60c ;—— (quar.)„ Inc. Wilcox to Bancohio . }►' 6ft 5-31 A Street Brockv.ay 3-15 (quar.)- preferred class A T.), ^Baltimore Brick, 5ft 3-15 4- 3-30 — 3-14 (s-a) Forest Columbia 5ft 56 ftc —— 3-14 93%c (quar.) Columbia Class Broad 5 3-15 Corp.— 2 25c preferred series A (initial quar.) American Box Board Cc._ __ American Brake Shoe, common (increased) ft.'4ft convertible preferred (quar.)__: American Can Co., 7ft preferred (quar.) American Cigarette & Cigar ; Inc., 4ft Uxbridge Baltimore 1 $1.25 *'."5% 4- this dividend Securities 3-12* 2 3-16 1 Sons, 6ft 3-12* 75c —_ 2 3-30 Hartford of Company, 3-20 1 British 5- (quar.) 3- 3-31 f23 ll/25c Co., registered preferred British 4- approval at the annual meeting to be held on May 3 .3-15 4-16 25c common„...-..- Corp., common 1 3-29 4- 43/4 ft 3-22 3-19 $1.25 (quar.) Baldwin 75c — Y.) (quar.) American Bosch Babcock 3-17 2 3-22 2 4-1 75c Baldwin 30c $1.25 preferred (quar.). Agricultural Chemical Co American (B. Subject American Alliance 4- 35c - 3-16 4-16 3-15 3-31 (quar.)__ registered (s-a) British Columbia Electric, 4ft pfd. 56 ftc class A common Inc., Foods, Bachmann 3-23 2 for Babbitt Corp. Aggregates American 4- 3-28 4- 3 3-30 35c 50c Preference 6ft pfd. Entire issue redemption on April 1 at $26.50 F.) Products, B/G 4- 6- Co. 3-16 93 ftc preferred (quar.)_l— Ayrshire Collieries Corp t25c (quar.)„ preferred 3-31 (quar.) $4.50 5 9 3 34c $3.75 r Aluminum Preference bearer Mills, common (monthly) Common (monthly) —- 3-12 3-30 75c (quar.) Ordinary 1 Avondale ' (quar.) 1 3- 710c Co. share plus per 50c common Co., Ins. (B. called 3-15 1 3- $1 4- 35c (interim) bearer 1 (quar.) Ltd., f$1.50 100 ft J 1 15C " 8 America of Co. Co. 4- Avery 3-15 3- 1 4- 25c quar.) common Mfg. 3-28 Finance Oil preferred 4- 30c 10-18 British American Tobacco Co., Ltd.— 710C B Automobile 3-15 3-28 30c British American 8 $1 pfd. A preferred (quar.) Automatic Steel Products, Inc. 3 20 2 British-American Assurance 25C 5 ft ft 3-20 2 4- 20c quar.) (quar ) Corp. 4- 3-19 4- Extra Auto 3-16 11 ftc (quar.)_ com. Products, (quar.) 9 4- ~r Inc., Corp. 3-23 4- (quar.) (increased Tack Fabric Class 4- j- 45c convertible preferred (quar.) Allied Laboratories 8 $1.50 20o Equipment 3-31 pfd. B iquar.)_ Co., 4ft ft Atlas 3-16 3- (quar.) 3-15 (quar.)_ (quar.) Ohio Telegraph Co. Auto 2 2 37 ftc Corp. 1 Co.— pfd. 7-14 1 , Ordinary (quar.) 1 11- 35c 4- 9 3- (quar.) 8- J25C i (Irreg.) Co. 3- 3-20 .• t25c , Mfg. 3%ft — & Can Mfg. 3-31 3-30 (quar.) 3-23 $1.37ft Co., common (quar.) $2 preferred A (quar.) Bristol-Myers Co., 3-%ft preferred 4-17 Imperial Diesel Engine Co.— 4ftft convertible preferred A (quar.) 4- 3-31 Briilo Atlas 4- 50c Co. Sewerage City Atlas Glass & $1.06 ft ;— 3-10 $1.75 Greyhound Corp., 4ft 3-16 2 Investment Atlantic Refining Co., 3.75ft $3 (s-a)— preferred (quar.) 3-20 1 $1.50 Atlantic 10-22 1 4- Atlantic $1.15 —— (quar.)^_i._ii Allegheny-Ludlum 11- $1.05 (quar.) common (quar.) common fi-4ft ft preferred Allen pfd. Co., 4.20ft (quar.)- preferred Alabama & Vicksburg Ry., Albers ;— — 2 4- 750c (accum.) 2 Ltd. preferred 4- 50c Atlantic 7-23 1 8- 25c (quar.) 5ftft 9 3-21 4- 25c (quar.) Bridgeport Gas Light Co. (quar.) 7ftc (quar.)—— (accum.) Products Corp.-. Atlantic City Electric Co. 9-15 5- (quar.) A 3-15 Briggs Telegraph & preferred preferred 3-26 3- 4-14 flOc - al5ft Athey 3 15 10- 25c $2.50 + class 3-30 (quar.) Telephone 1st 1st 2 2 J 15c (final) Associates $2.50 (s-a) preferred (s-a) By-Products, Class j 7ft 3-15 1 .4 3-14 (increased quar-.) $6 $2 3-16 3-16 3-20 4- 4- Traction, Light & Power Co., 6ft preferred (quar.) Breeze Corps, (stock dividend) Bridgeport Brass Co., common Industries, Ltd.— 5 3- 3-30 2 5 3-30 $1 75c Brazilian 2 50c pfd. 75c ___ 3-15 3-15 3-16 (quar.)_ 3-16 2 4- Co conv. Co., (quar.) 3-16 3-31 (quar.)— Co. Sons & 25c Ltd. Corp., Associated 7-20 1 8- : Alabama 6ft Yards G.) 4- 4- 5c Stock 2 — 4-14 4- - (Mass.) 4- 30c Trust Storage & Warehouse (E. Holdert Payable of Ree. 60c (quar.) Property quarterly Mines, Ltd Brandtjen & Kluge, Inc Brantford Roofing Co., Ltd., class A (quar.) Class A (quar.) 25C (quar.) Industries, Inc. Ordinary held. common 3-15 Share Co. Bralorne Co Construction Mfg., Asbestos 3-15 12 ftc - Associated Electrical (quar.) (stock Mfg.—,-, preferred X 5% Arvin 3-30 59 ftc — (quar.) (quar.) Metal Artkraft 34 %c A^ron, Canton & Youngstown RR.— ~ Art Brach 1 Hardware, Ltd.— (J. II.) A Bourbon 25c (quar.) (quar.) Corp. Corporation Ashdown 3-15 2 4- (quar.)— Manufacturing Arundel 3-30 3-30 15c , pfd. ccnv. class A Co., preferred Artkraft dividend) — convertible preferred for Inc. f One share of 6 ft each 2 4- 12 ftc common (quar.)^ Corp. Associates, Akron 4- 75C Aid Investment & Discount Co., Ainsworth 3-14 Y.)— N. Quarterly 5V2% 2 Corp., Constable Class (Watertown, Co. Ins. 3-15 4- 50C (quar.) (Hartford) Co. 3-30 25c 62 ftc Boston 4-23 4-23 2 3-30 — 3-15 30c 4- 75c 50c (quar.) Aetna Casualty & Surety Co. Corp. 4- Increased 30c $1.25 common $1.75 25c B 3-JO 1.12ft Armstrong Rubber Class Personal 3-20 (quar.) Armco 4%ft Boston 2 3-30 2 3-15 Arnold 4- 4- 3-15 (quar.)___ $1.75 $1.50 3-31 — Corp. Insurance iquar.) 3-31 (initial) Co. Ad<iressograph-Multigraph Boston (quar.) 4ft ft preferred Steel 3-20 (quar.) & Light Co., $6 pfd. 112 ftc :— Corp., 2 10c When Per Name of Company 4- —1_. preferred $7 Gas — t30c (initial) common A Arkansas Power Acadia-Atlantic Sugar Refineries, Ltd.— New Natural Class 3- 1 £bbott Laboratories (increased quar.) Arkansas 7 3- 2 Holdert Payable of Rec. 25c Apex Electrical Mfg. Co., common7ft prior preferred (quar.) Applied Arts Corp. (quar.) Arizona Edison Co., $5 preferred (quar.) Payable of Rec. Share Name of Company Share Name of Company Holdert When Per 0>k When Per give the dividends announced in previous "^toeeks and not yet paid. The list does not include divi¬ dends announced this week, these being given in the preceding table. Below e. — 65c 1st pfd. (quar.)— $1.25 9334c (quar.) 50c 5- 1 $1.25 4- 2 Co., com. 4- 3-i2 , 3-12 3-15 2 > 4- 5 3-21 , 43 (1316) The Commercial and Financial Chronicle Per Name of Company Telephone & Telegraph Carpenter Paper Co. 4% preferred (quar.) 4% preferred (quar.) 4% preferred (quar.) Carrier Corp., Carriers & 4% 6% preferred 5- 1 1 7-20 $1 11- 1 10-19 (quar.)__^_____ 10c 4- 2 3-30 3-20 50c 3-31 (quar.). 3-31 3-31 3-15 Case (J. I.) 7 7c preferred (quar.)__ Caspers Tin Plate Co 585/«c $4.75 1st 2nd Cenco preferred preferred 4- 1 3- 4- 2 3- 4- 2 3- 4- 2 3- Central Canada * 17c 3-28 Loan 3-30 4-16 3-30 & ! $2.50 & Gas, preferred Central Pianklin Central Bank Central Hollywood Central Hudson pfd. (quar.)__ Process Hanover 4 % % 4.75% Trust Building Gas preferred Co. (quar.) (monthly)—— Illinois Central Public 3- 2 4- 2 ,$1.183/4 4- 32 %c $1.02% 4- 2 2 3-21 (quar.) $1.02% 4- 2 3-21 3-30 3-13 55c com. 4- $1.12% — 3-10 2 4% preferred * Maine Service 3.50% preferred 4.60% 6% (quar.)—; Power (quar.) common (quar.) preferred preferred $1 .— (quar.)_ Paper Co. (quar.)— 3-10 2 2 3-10 45c 4-16 4-10 preferred B 3-24 15c — 3-31 ; 6% preferred C Telephone 3-31 (accum.)____— Co., preferred Central 3-15 37 %c 3-31 3-31 3-20 Vermont Public 1 3-15 (quar.)___ $1.04 $1.18 De Stock Pasco Copper~Corp. (resumed)—— dividend !: Chadbcurn Hosiery ''4%% : Mills, of $4.50 Chapman Valve & $1.21 Co.: (N. quarterly Fund, Inc 3%% preferred conv. 4- 2 4- 2 3-14 75c 4- 2 3-15 4- 1 3-19 13c 4-14 $5.25 _______ 3-29 t - ^ (quar.) class A 3%% $2 class A A (accum.) class Chicago Chicago, Chicago Chicago 3-26 1 4- 5 A Mill (quar.) Pneumatic Tool Chicago, Rock Island & Pacific 3 A 4-20 2 3-19 RR.— Quarterly Cinzano, Ltd., Oil (quar.) 3-13 3-31 3-13 25c 4-16 6- $1.75 4- 2 3-20 $1 4- 2 3-15 pfd. (quar.)_ $1.25 6- 1 5-15 $1.25 9- 1 4%d $50c 2 3-31 3-16 3-17 4-16 3-31 1 4-27 $1.37% 4- 1 3-19 62 %c 3-31 3-31 3-17 $1.50 3-31 25% 4- 2 5c 4- 1 3-15 GVaC 4- 1 preferred 2nd preferred 4- 2 3-20 $1.12% 2-26 4- A * $1 4- 2 3-12 3-31 3-12 (Cine.) — $7.40 (quar.) '•(New $2 York) Commonwealth (irreg.) (s-a) 5-15 4-24 6-30 6-19 3-12* 2 4- 2 3-13 6% 3-31 3-20 57c Extra (quar.) 62 %C 4- 8% $1 4- 1 3-20 Decca 4- 1 3-20 4-17 _ __ 4- $1.12% 4- $1.12% ,m 7- 3-12 i . & 3-15 1 3-15 4- 2 3-20 $6 4-10 3-20 Delnite Mines, Denver & Rio 10-10 Grande 9-20 8 4- 25c 3-30 3- 7 40c 5- 1 3-29 4-16 3-31 4c 2 3-21 B 50c 12-28 12- 5 . 4-16 4- 3-30 ,3-30 4-10 4- 35c 3-31 4-2 3-19 25c .• 4- 4-10, 1 3-12 '3-15 4- 2 6- 1 3-15 5-21 ,'3-31 3- - 9. 4-16 3-16. 4- 1 3- 9 4- $1.12% 1 3- 9. >" » L 5c , Co Electric Co., Wash.) 3-20 44- 20c ■, I.75 2 2 3-20. 3-27 25c - ! : 3-12. 4- II.50 - 1 3-20. 3- 9\ - 4- 1 4- 2 3- 5. 4- 40c 2 3-5. . $1.50 3- i ' 25c ; 3-31 25c 4- 3-15*. 2 4- . 9 3-15 i 3-31 $5c $5c J Stores .4-2 '. 5c — 2 3-15_ " 3-15 5C 3-31. $2 3-30 3-15. - 3-15 InC. $;.06% -___: . *r 25c $1.12% 4- 2 3-20\ 4-15 3-31 4- 2 3-9 40c 4- 2 25c $4.50' pfd. 4- 1 ; 75c 4- 2 i 3-21* " .. — 50c , 3-21' •> 3- 9 4-10 3-23 4- $1.50 3-20 2 *12 Vic 3-30 3-16 $1.50 3-30 3-16 50c 3-30 3-15 " " (Seattle, (quar.) 25c 4- 25c 3-20 •3-10* , 3-28 3-19 " 25c 3-31 15c — 3-31 3-19 " 4- 2 3-19 " 4- 2 3-19 •. 62 %c €83/4c Ely & Walker Dry Goods Co.— Common (stock dividend) ; New common (initial) r 2 3-31 . 25c • common (quar.)__ 7 % 1 st 2nd preferred 3-19 (s-a)_i. : ' Emerson Drug, 87c preferred (quar.)——___ Emerson Electric Mfg. Co., common——— '-7%- preferred (quar.) 2 ■*. (s-a)—;— Heating Products, 4% preferred Equltaolc 'Credit (quar.) r ^ 3-15 3-15 3-15 2 3-30 3- m * 4- 87 %c 1 $1 !• 50C . .m 15c 1 4-' 1 Corp., 2-20 ' 1 4- ' 17 %c 1> 2 3-22 4- 2 4-4 3-14 2 Vic 4- 4 3-14 4- 7%c $5 pfd. A i Farmers & 3-12 25C 4-" 2 3-16 Faultless 92 %C 33- 9 3-31 3- 9 4- 2 2-19 $1.50 9-15 9- 25c 3-26 3-15 3-16 3-30 3- 50c 3-31 3-31 2 3-20 Candy Traders ' 2 3-15- 1 3-15 1 3-15 2c 4- 1 3-15 6C 3-30 3-16 * 6- 5-11 •' (quar.)!!!!—_ $1.25 1 * • " $1.25 9- 1 $1.25 12- 1 $1.25 4- 1 3-15 ' 4-15 3-16 ' . 8-10 " $26c . 11- 9 ' $2.50 4- 3 35c 5- 2 4-11 (increased)—— 3-10 25c. 2 3-21 4-2 3-12 35c (quar.) 4- 56c _ —!!____——!!!_ 4- 2 3-15 % 2 3-15 * 2 3-15 35c 4- " • - ! :___"_—_!!— " 4- Shops Life Co. Insurance Federated Department Common 3-31 3-20 4- 2 3-10 4- Insurance Co." " 3-15 * * " $2.50 ——___"— —" . 4- I 3-16 15c 50c 3-30 3-15 15c ——.—. (quar.) 4 3-13 3-31 • 3-13 37%C (quar.)— 2 4-2 (quar.)__ Co. - 56V4C ! Federal Bake Shops, Jnc. (quar.)— Federal Chemical, '6% pfd. 1 quar.) Federal ; Rubber 3-30 3- 4- l 3-23 4- 2 3-22 4-30 4-10 4- 2 3-15 . 4 9 ~ $1.50 1 '(quar.)——___—.*— 45C T 4 Stores, Inc.— , v * 62%c (quar.f . • * I2%c 4'/4% preferred Federated (quar.)—- Publications Extra 1 9-14 Ferro $1 10- 1 9-14 Fidelity 3-29 3-12 Field & Stream & 3-31 Tarrant Enamel & Mfg. Corp. Deposit Co. 25c of —r (quar.) Md. Publishing Co. 3-31 ' 4-10 _ 3-14 3-14 ,20c 3-26 3-16 40c 6-25 6- 65c 4-30 4-13 20c 3-26 3-20 \ , — (quar.V Co. 4-10 4-30 756 : : Felt 10- 4-30 $i.o6y4 — (quar.) -—— 3-20 $1 25C 44- . * 3-30 75c 25c * 6 12 %c 3-15 ' 2 4- !__ (quar.) Syracuse (quar.) Frocks, Inc.- 9 3-31 4- 5c —— (quar.) Fashion t2c — Fanny Farmer 3-15 3-31 ' 3-31 " " common preferred 2 $1.07 — 4% % 3-28 $1 3-26» 3-26 4-30 $1 Fairmont Railway Motors, Inc., 5% pfd. (s-a) $2.50 Falstaff Brewing Corp. 1 ' f'. "' ' ' 4V2% preferred 1 (quar.) ; $0.185625 Family Finance Corp., common tquar.)__35c $1 " 3-23 " $0,228 — 3-16 12 %c : T 3-15 * 3-30 1 • 5 5 * 3-15 4- f : : t— preferred 3-15 * *' 1 pfd. (quar.) !_ Estabrooks (T. H.) Co., Ltd.— " 4.16% preferred (quar.)— European & North American Ry. (s-a)__— 4% 3-15 6 44- 40c common-—. 5% preferred (quar.) Ex-Cell-0 Corp. _!_. 3-15 > 4.* $35c common—' Fairmont Foods Co., common 9 75c 3-15 ' < . 2 * Co., Eversharp/ Inc., 3-15 4- • 2 " 3-31 50c • 6-27- 4- $3.50 Ltd.— 5-12- 6-27 * 4- 35c participating preferred (quar.)—: * Participating 1 Equity Fund, Inc. (increased quar.) 3-20 3-31 50c $1.75 ; 3-10 1 7-16 7-16 . 60c Empire Trust Co. (N. Y.) (quar.) Emporium Capwell Co;; common————— Corp., 6- :70c preferred Endicott Johnson 4-14 25c (s-a) $5.preferred A (quar.) $5 preferred A (quar.) Eskimo Pie Corp., 5%. 1 50% V. : ^ 3-20. 3-31 37 %c . Erie Railroad 3-31 $1.50 (quar.) Diamond T Motor Car Co. (quar.) 3-15. 4-10 3-31 25c (quar.) _! 3-20 J25c ___: ; 4- $25c 20c 3-19 50c - , 3-15 4-25 , 25c common preferred (quar.)__ Electric (s-a) Enamel 6 J/aC (quar.) (quar.) : - 3-19 f Giorgio Fruit Corp., class A_ Class B 5 933/4C - Western RR ' , .7%wpreferred 3-19 • M* Class 5 9- 2 ... Detroit Aluminum & Brass Corp. (quar.)___ Detroit (The) Bank (quar.) Devoe & Raynolds, class A (quar.) Di 6- 9-28 2 m Derby Oil Co. (Kansas) 3- 6-28 $1.25 Ltd.: $5 3-26 5 %C . 3-31 5: 3- 4- — Delaware Lackawanna & Western RR.__—_ Delaware Power & Light, 3.70% pfd. (quar.) ) 4% preferred (quar.) 1 4-10 3- 3-28 5c — 4- value Extra Co. 4- $1.20 8 3-28 ( Inc Hudson 3-15 Co. 3- — (quar.)'-' 1 35c 1 ' 8 8 4- $50c preferred 3- 3- t75c 4- 4.28% 9-15 1 1 4- .Ml Stores, 1 4- 37 %c quar.) (quar.) 87%c ' 25C Sault Paso 6% . 6-15 $1.12% km Manufacturing Co.— Delaware r 4- , : 3-15 ' 2 5 50c mm (N. Y.) (A.) : preferred (quar.)__ •5%% preferred (quar.)— 50c Extra Dejay ' } 2 10- $1.75 .M. — A (quar.) .) (s*a) 3-26 4-25 .5% 25c common 8-23 11-23. ' 75c pfd. (quar.) Corp. (quar.) 5 , A .(accum.)— B (accum.)— Elliot^ Company, 3-21 4-20 $1,121/2 Company, 6% preferred-, Records, Inc. (increased quar.) Decker 3-30 3-31 25C : preferred 3-16 6-15 9-14 . $1.12% (quar.) (quar.) 12- -.t 5-23 3-26 Electrical Products Corp. (Calif.) (quar.) Electro Refractories & Alloys Corp. (quar.) 50c Long Hook & Eye Co. Pinna : . 3-16 -m 5% preferred (quar.) Dayton & Michigan RR., De 3-17 2 .'m .m' common Dayton Malleable Iron De 3-16 2 2 ' Davison Chemical 3-13 3-17 4- 2 Davidson-Boutell, 6% 3-21 3-31 4- (quar.)—— Hosiery Mills, Inc : David & Frere, Ltd., class A (quar.)— 2 3-31 7- convertible preferred B 6-14 6-30 9-28 common (initial 5 46%c (quar.)__—„_ '6%; prior preferred-! : Electric Storage Battery Co Electrical. Products Consolidated 2 3-16 5 9- 25c — 4- 3-15: $1.75 m Davenport Class 3-16 4-14 $1.75 (monthly) (initial jnonthly)_. common preferred 3-31 25c (quar.) Davega Stores Corp., 2 37Vic B 3-16 : $2 km... 6- $1.25 * - 3-31 $1.75 Corporation, 3%% pfd. series Class 3-31 3-15 -: $1.25 (quar.) El Paso Natural Gas Co. (Increased): Elder Manufacturing Co. (quar.) __: Electric Auto-Lite Co. (quar.) Electric Boat Co., $2 conv. pfd. (quaf.) Electric Controller & Mfg. "(irreg.)_ Electric Ferries, Inc., common— 3-13 2 30c km (quar.) $2 class A (quar.) Dan River Mills, common (increased) 4% % preferred (quar.)__ 4- 50c (quar.)— Commonwealth International Corp 1 50 (quar.) El 30c 1 par Brothers Edison 30C (quar.)_ B 4%% 3-10 * 3-30 , Eddy Paper Corp. (irreg.)— 3-20 3-16 ■•■■■ : (quar.)__; Edison 4- 1 no Economy Baler 3-22 3-15 3-16 v 4- 2 i • .''** 4- $1.25 A 25c (quar.) Edison Co. class 12%c Trust 2 ■ 2 4- 2 $1.12% Easy Washing Machine Corp., class A 3-31 5 Racing Association, Inc.— preferred 3-30 $1,. 25c — Commercial Solvents Corp. 1 8- 13.06c (quar.) & A $1.50 :__ Bank 4• " 50c , ,* ■ preferred (quar.) preference 4- 4-1 4- ► . Ltd.— 3-15 s 3-31 ' $7 Corp., (quar.) A class $2 4- 5 common National class $2 $1.25 Columbus & Southern Ohio Electric Co.. Commercial Credit Co. (quar.) Commercial 5- 1 87%c dividend Columbus Mutual Life Insurance Co. 1 Semi annual •t 3^12 31V4C Co. 3-16 3-30 ' 65c Ml - 3-12 3-26 10c , Easy Washing Machine, Ltd.* (quar.) 3-16' 3 3-26 25C 3-22 ; 3-21 v 3-15 ; 2 4- 25c ' .m (quar.) preferred lJ Curtiss-Wright 68%c common — 3-16 1 9- 50c ; Inc. 2 6- 87%c (quar.) Breweries. 4- $40c $40c (quar.) 5% convertible " preferred—Entire issue called for redemption on April 17 at $21 Columbia (quar.)__ (quar.) preferred prior Extra 3-16 Participating 3-19 2 4-16 $1.75 ■ Eastman Kodak Co., common 6% preferred (quar.)— Co. Publishing, $4 3-19 3-31 30c >. 50c participating preferred 2 73-30 75c , 3-19 3-15 Co., $6 3-19 3-19 %%*•: '•4-11 25C ... 3-12 2 1 Columbia Baking 4- Potash Mines, $7 preferred 3-20 1 2 3- i pastern 3-20 2 * 4- - 3-22 - ■ (quar.)ZI_ $1 preferred (quar.) Eastern Stainless Steel Corp States Corp. (Md.J— 3-16 ( 3-31 40c ____, 4- 2 share plus this 2 4- 20C ' -4- 2 25c Common $2 pa$-(quar.). Common 3-14 $2 3-26 preferred per 4- f 15C •Ml .— Dansker Realty & Securities Corp. Class A common 50c (quar.) Collateral Loan Co. (Boston) (quar.) Collins Radio Co., $2.75 pfd. (quar.) Colonial Ice Co., common (reduced) \ Y 87 %C a (quar.)_, Dana 4- polorado Fuel & Iron, Eastern 3-14 4-15 ■ (quar.) 3-16 25c (quar.) 3-19 3-28 87 %C .m 2 4- 15C Eastern Gas. & Fuel. Associates, 3-27 3-28 & Sullivan '4%% 3-28 2 2 44 50c „— Sulphur 9 2% 1 4- preferred Duval , • 4- $1 preferred • 2 4-16 *20c Duriron Co.,. Inc., common 5% preferred (quar.) 6-15 20c . interim i $1.12% 62c $3.50 3-15 3-15 Class km 3- 9 (quar.) 3%% 2 2 75c (quar.) 3-16 $1.75 common 4- 3- 3-31 4- 5c 4- 7-13 2 $1.12% Duraloy Co." (Del.*)— 3-31 3-16 4- Co.— & $3.50 preferred (quar.)_. Duquesne Light Co., 3.75% pfd. 10c 3-29 1 4- (quar.)— Products Co, : (E. I.) de Nemours 3-15* ; 3.20 4-16 (quar.) ; 3-16 2 3- 1 $1.75 ; Du East .__ 3-15 Coca-Cola International Corp. (reduced)— Cockshutt Plow Co., Ltd. (quar.) ' 4 % % Curtis (quar.) 3-16* •• Securities, class A preferred preferred 1 3-30 2 $1.25 4- 4- 4- SI'Ac , Dunhili International,- Inci 50c 2 4-16. Dunn Steel Pont 4- 3-15 _4 $3 . 1 4-16 25c (quar.)— 3-15 25c ' , $$1,75 (quar.) 50c — 4%% preferred (quar.) Cunningham Drug Stores, Inc. (quar.) Curlee Clothing Co., 4 % % pfd. (quar.) 4% % Company 3-16* $1.13 dividend)—. Engine (C. A.) preferred 1 . 5- 75c preferred $1.12 mm : 1 (quar.))_ Quarterly Colgate-Palmelive-Peet, 2 t 3-30 v.; $1.50 . 1 > $6 Cummins 1 5 (quar.) 5 7c 9 4- $1.62% (quar.)_ 3-31 Company Coca-Cola ( 3- ___ Works, Sugar Co. 33- ____. 4- 25C 4- preferred Bottling Corp. Atlantic preferred 40c $1,311/4 Inc. preferred (quar.) preferred (quar.) 2 2 common— 5% 9 50c (quar.)_ $1 class A Co., preferred 5% 3-15 3- 933%C (quar.) ".) com. 20c Coast Counties Gas & Electric— Coca-Cola 7% 44- (quar.) Dunham 2 2 America— (quar.)—- J25c $45c ; $4.50 preferred (quar.)_„ (quar.)— Forster B $25c (final) 50C preferred ; ~ 3-31 4- (quar.) preferred (quar.) (quar.)—. 4-10 4- 3-15 $1 4-25 t$2 4-16 60c 4-11 ; Loom common $$1 (quar.) Dumont Electric Corp. (resumed) Dun & Bradstreet, Inc. 1 !" 4% % preferred (quar.) - 3-29 25c convertible 7% 3-29 4-16 * B Duke Power 3-15 3-12 4-16 35c ; 10c . 4-2 3-16 40c (quar.)_ (Alan B.) Laboratories, Inc.— I—— Mont Class 3-15 - $50c , Furniture Class A 25c 50c (quar.) (quar.) preferred (quar.) of (stock Forscer, & .7% 3-15 50c (quar.) (quar.) Supply Illuminating Co. » t $4.50 preferred (quar.) Climax Molybdenum Co. (increased) Clinton Foods, Inc., common (monthly) i 4%% preferred (quar.) Cluett, Peabody & Co., common.. [ •: , Cuban-American Sugar Co., common 7% preferred (quar.)_. 3-17 Electric 1st America, Knowles preferred 8% 3-12 $1.50 preferred Cleveland Builders 4- 5- (increased quar.) com. 2 3-31 $25C 15c — (quar.) (quar.) Corp. (quar.) Steel Co. Class 8-15 $1.75 common—: convertible Class ; 3-15 $1.37% Co. preferred Cuban class A Clary Multiplier Corp., 4.80% 5-18 1 2 4-14 $50c Corporation, 4% preference 5% (quar.) & 8% Crum 4% Ltd., class A (s-a) Baking Co., 7% preferred (quar.) City Investing Co., 5%% pfd. (quar.)_ City Products Corp. (quar.) City Railway (Dayton), common (quar.) 6% preferred (quar.) Clark Equipment Co.— 4% Du 1 4- 4- $43c (quar.) Ltd (s-ai 30c < series convertible Crum 6 i Circle Bar Knitting, on 5% 3- 7 7-16 $1.12 dividend Crucible Common 3-31 $1.25 (quar.; City * 2-28 6- tl6%C . 25c Cotton Drexcl $1.13 Crown Zellerbach Corp. Extra ; * , Dravo 3-14 (quar.)__ . ordinary Crown Cork Int'l Corp., 3-19 2 of & preferred 3-17 4- 3-15 (quar.) 3-28 $1.12% ! Ltd. Wheat Crompton 3-16 4- L.), of Creameries 3-15 4- (R. for A 3-31 30c Co. rets, 2nd Drug Co., 7% Draper Corp. 50c . dep. preferred $3.25 3-17 3-30 4-. 2 pfd. , 3-31 J 75c 4^17 $20c common $1.25 __ 4-30 j. (irreg.) RR. Co., 37 %c 53c scries Rockaway 35c (quar.) Corp.:— preferred A (quar.)Ltd.— Chemical Crain Cream 3-30* 50c 5% preferred (quar.) Cincinnati & Suburban Bell Telephone— 4% 12- 3-30 4-25 75c Cincinnati New Orleans & Texas Pacific Ry. 5% preferred (quar.) 7% 1 12-18 Cowels , $4 . Reynolds Courtaulds, 2 75c Christiana Securities Co. 7% preferred (quar.) Cincinnati Gas & Electric, Cleveland 710- 20c Co., common (quar.) Quarterly 572 7c 7-16 10-15 $2 Common t 3-15 dividend $1 2 30c convertible preferred Chickasha 4- 50c : Lumber Milwaukee, St. Paul & Pacific, RR. Molded Products (quar.) preferred series 4-16 50c (accum.) & & 6 3- t. 50c ____——_ ' 7 3-15 2 common 1947 Phosphate Corroon 5- 75c 50c (accum.) class Stock 2 Ltd.. Corp., 1945 preferred Amer. (accum.)—_ $2 ' 4- 4- & Chemical 3-30 - 3-30 (quar.) Douglas & Lomason Co. Dow a common preferred preferred Coronet ^ 87%c ' - series A 3%% • 5% 4-13 3-15 .4$1.20;/l-7-16 Corning Glass Works, Y.)— Chesebrough Mfg. Co. (Consol.).- (quar.)___ Chicago & Eastern Illinois RR.— 1 ' • $3 1 Dow Corp.: (quar.)__, Electric A 2 . Cooper-Bessemer Corp., common (quar.) $3 prior preferred (quar.) __—a. Cooper (Peter) > Corporation— 6%% preferred (quar.), 3- 8 class $1.12% _j.— Coffee Co. & convertible $1 Motors Cornell-Dubilier $1.12% ___ Chesapeake Sc Ohio Ry. Co. Cook 3-17 3-17 ' i Increased Chemical 3-16 1 1 50c Trust ' Semi-annual Continental "• (quar.)— Mfg. Co. (quar.) Bank 6 44- 15c 5GV*c 1 Co. 4- 3-15 Donncll 5- Gin Co., common (quar.)__—/ 4% % preferred (quar.) 4%% preferred. (quar.)__— j.— Continental Life insurance Co. (Toronto)— 3-19 1 3-23 4- Continental 3-16 Corp.-"- preferred Chemical . — Commerce Building Class A (annual) Champion Paper & Fibre 3-26 3-30 5% Inc.; com. (quar,).. (quar.) convertible preferred Chamber 4- " 30c 25c — Century 4- 4- Dover ______ 4-30 25c 25C — Paper Co., Ltd Mudge, Ltd.— 35C , Service preferred preferred (quar.)_. Shares Trust________—________ Donnacona 2 3-20 . $1.25 ____ preferred (quar.)_. Continental Foundry & Machine Co.— Increased 3-20 3-31 _— ________ 4.15% $2 Co., 3-23 Power & $3.75 3-15 20c —62 %C (quar.) common (quar.) 4.75% $2 Baking 4-16 3-15 4-2' 50c 3-16 3-30 $17 %c Fields, (monthly) Dominion Tar & Chemical Ltd., com. $1 preference (quar.) Dominion Textile Co.; Ltd., common 7% preferred (quar.)— $1 : $5.50 preferred (quar.)_. Continental Can Co. 3-15 3-31 i ___. $2.50 : Continental 3-20 43%c 37%c pfd. (accum.) (accum.) 3-28 2-28 2 3-30 Corp., Ltd.— •>'4-16 ** 5-1 50c ■ 4- 50c Foundries & Steei, Dominion Glass Co., Ltd., common "7% preferred (quar.)— Dominion Square 5-16 3-14 17%C 5% 3-20 1 5- 37 %C 4.52% preferred (quar.) Continental Assurance Co. (quar.) 3-30 25c 5 3-29 62%c r Consumers Power Co. 4.50% preferred (quar.) 3-10 4- : $3.50 • 67c Cerro 2 4- 4- $1.50 Central States Electric Co., 7% Central 3-10 •; 1 — Participating preferred (quar.) Consolidated Royalty Oil Co. (increased s-a) Consumers Gas Co. of Toronto (quar.)__— 3-17 3-31 $1.15 (quar.) Central Ohio Light & Power Co. (quar.) Central Ohio Steel Products Co. (cuar.)_— Central 3-31 30c 87 %c — Co., 6- 37 %C Common (quar.) 4%% preferred (quar.)_. Consolidated Royalties. Inc.— 3-16 3- 4-J — ' (quar.) 75c i Dominion Corset Co.. Ltd Dominion Dairies, Ltd., Inc.— (quar.)___ Consolidated Press, Ltd., class A (accum.) Consolidated Retail Stores Inc.— * Central Corp. Consolidated Lithograph Mfg., Consolidated Paper Co ».« 3-21 4- (quar.) Industries, (increased quar.) 5% preferred (quar.) Consolidated Investment Trust 3-10 1 4" •' IOC . Common 1 (quar.) series A Light Co., Illinois 3-16 3-31 25c $1.12% (quar.) preferred (quar.)—_—____ 4%% 2 20c Oil 3-19 3-31 Inc. Dominion (quar.)—:___ (quar.) Cigar 4- $1.50 preferred common 3-20 4% preferred C (quar.) Consolidated Grocers Corp.— 3-15 4- B 2 Dominguez Monthly 9-10 12-10 ■ (quar.) 40c 9-15 40c Co (Bait.), common (quar.)_ 4%% preferred B (quar.) Electric— & 4.10% preferred series B Central 3-31 $1 (quar.)____ preferred 3-20 50c 4.75% preferred (quar.)__— Central Illinois Elec. & Gas Co., com. 4.10% 3-31 4- 9 12-15 Products, 3-15 3-29 4-16 (increased) common A 70% preferred (quar.)— Dome Mines, Ltd.. V 6- , Co.— (N. Y.) preferred (quar.) Consolidated Gas, * Electric Light 3-20 (quar.) & Doeskin $5 3-23 3-31 62%c ________— 1 59%c (quar.) 3-12 7% preferred (s-a) Consolidated Edison Co. Savings Co.— $$1.50 Electric 2: 6-15 Cup Co., 2 ■10c (quar.) Doehler-Jarvis Corp. (quar.) 4- Co Consolidated Dry Goods— Common (increased quar.) 3-16 4-16 Insurance Power Power Chemical Consolidated 3-16 3-28 40c (increased) (Toronto) 3-12 3-12 (Toronto)— $1.50 partic. preference class A 9 Extra Central Consolidated 9 $1.75 2%c Co. preferred Class $1.183/« (quar.) Sugar 67c 5 10c Aguirre River Connohio, Inc., 5 $$1.75 (quar.) 2 $2.50 class 4- 20c 2 Light— Life Light & 3-12 2 dividend Central Connecticut :__ Holders Payable of Rec. 12 %c (quar.) 4- $$2 Connecticut 3-15 4- Corporation Stock 1 4- 3-30 t20c — & Association General ; Stores 4- $$2 3-12 17 Vic — Dixie Home $1.75 Quarterly 3-20 $1.75 —_ —_____ ___ 77c 1 (quar.) Cassidy's, Ltd., common (quar.)_________— 7 7c preferred (quar.) Celanese Corp. of America ■ 4- 75c . Life Dixie (quar.). $1.37% (quar.)___ $$2 Connecticut (quar.) Company, common pfd. (quar.) Confederation 3-15 When Share Corp. $1.50 Water preferred 3-31 Company Theatres Diversey Corp. 3-15 60c $6 3-14 (Indianapolis)— $1 Monday, March 26, 1951 . Per Name of District 2 4- . Holders Payable of Rec. 10c 3-15 $1.50 6% preferred B (quar.) Cascades Plywood Corp. preferred Loan Co preferred Commonwealth 3-16 10c When Share Investment (quar.) Commonwealth Water, 5%% $7 preferred (quar.) 3-30 4-14 50c 4% 1 3%% of Company Commonwealth 4-20 8- — Corp.. A Per Name 3-23 Commonwealth Company (quar.)__ Mills, Inc., common (quar.). Carthage 2 $1 (J. W.) * 4- $2 ——: preferred General Holders Payable of Rec. $1 (quar.)___ Carter When Share Carolina . (quar.)— (quar.)— 5 * - .Volume 173 Number 4997 . . The Commercial and Financial Chronicle . (1317) .49 k Per Name of finance Share Company Co. of Pennsylvania $2 (quar.) Extra •Fire firemen's of Philadelphia Insurance Co. N. Stores, Power Public 43/4 % & Light, preferred ■iPlorsheim^Shoe Class - 'food 3-16 G% 4- 3-22 4- 2 3-19 $20 3-15 2-26 3-26 2-26 $1.25 ___ 4- 3-22 2 3- 4- 2 3-12 Gray 6 6-30 6-19 $1.25 9-30 9-19 4- $1.25 Lakes Paper A preferred 3 preference 4- 2 3-26 4- 2 3-15 preferred 4»/2% Lakes West Fort 15c 4- 2 3-15 4- 2 4-16 75c 3-31 3-15 Greenfield Tap J50C 4-23 3-30 Greening 4- 3- 4-13 25c 4-30 55c (quar.) 4-30 2 3-19 4- 2 3-30 3-23 6 6% preferred (quar.) 30c 6% preferred (quar.)_ 30c 9-10 8-20 30c 12-10 11-19 6% preferred (quar.) Galveston-Houston Co. (quar.) 25c Gannett Company, class B conv. Garfinkel 4ft% & convertible 5ft% preferred From 28¥sc (quar.) 3-31 (quar.) 3-31 3-15 y3-3l 3-16 5% Co., preferred 5%% 1 3- 1 t$1.25 4- 1 3- 1 4- 1 3- 1 (quar.): Stores, $2.25 preferred General American $4.50 3-16 4- 65c (quar.) preferred Gayson-Robinson 25c 4-20 3-30 56 ftC Inc., (quar.) com. (quar.) Co., Inc., 5-15 5- 10c 4- 2 3-19 $1.12 ¥2 Investors com._ Aniline Class $8 & Baking Co., preferred General Box 1 4% preferred General $5 $5 A 3-14 Quarterly 3-27 3-14 20c 5- 1 4-17 4- 2 3-19 4- 2 3- 7 ^General Investors Haloid 4- 2 3-20 4- Investment series pfd. 4- 2 3-15 4¥4% 4- 2 3-15 3-15 15c (resumed).™ 4- 2 3-21 '4 ft % 75c $1.50 4- 2 3-20 3-30 3-12 6-30 6-11 $1.16 $1 4- 2 3-21 Handmacher-Vogel, Inc., 4- 2 3-21 Hanover Fire Insurance 4- 1 3- 37ftc ____ 3-30 5 3-15 Hanson-Van Harbison-Walker 4- 3-15 3-30 3-15 6% preferred 75c 4-25 3-16 Harbor Plywood 5-25 5-10 Harding Carpets, Ltd Harnlschfeger Corp., com. 4- 3-20 . Trust 25c $1.25 (quar.) 20c (irreg.) Coip. 1 5-15 5- 1 1 3-31 4- 1 3- 9* 5- 1 4- 9 6c (irreg.) Inc., 5% preferred General Motors Corp. $5 preferred (quar.)_ ; $3.75 preferred (quar.)— 4-20 ; $1.25 $1.25 (Boston) Mills, ' (quar.)_ 5% 4¥2% Hart 5- 1 8- 1 4- 2 3- 8 Inland 4- 3 3- 8 93 %c 5- $1.50 — 5-15 4- 9 5- 1 1 4 ¥4% 3-29 3-19 4-15 4- 3-30 3-15 6-10 5-25 35c 6% Outdoor $1 Paint pfd. Portland ' pfd. $1 preferred conv. General 67b General Realty Refractories General Steel 6 Bank Group Shares and come $.0134 Co. $6 General Telephone Corp., 4.40% preferred (quar.) ' Time 14',4% Corp., preferred 3-30 Heinz 1 3-30 5- 1 3-30 Helemano Helena Rubinstein, 30c pfd. 4- 2 3-12 4- 2 3-12 25c _ 3-30 3-16 50c (s-a) (quar>);.__. Wares, Ltd., preferred (quar.) General Hazel-Atlas 1 5- $1.50 General Steel 5% 3-13 5- 3-27 3- 4- 2 3-21 5-15 4-17 5- 4- $3 (aiccum.) t25c common +$1.25 1 6 3 3-31 3-13 55c 4- 1 3-15 50c 4- 2 3-14 $1.06 ¥4 (quar.) common 50c 4- 2 3-14 (quar.)_. com. ______ (quar.) 2 3-15 2 3-15 Inter-City 4- 2 3-15 Inter-Ocean 4- 2 3-15 Interlake 4- 2 3- 9 4- 2 3- 9 5- 1 4-16 International Cellucotton 4- 2 3-19 International 3-30 3-15 International Metal 4-20 4- .4- 2 3-10 3%% 120c 4- 2 Baking (quar.) 4-1 1 3-20 3-28 Iron 4-14 preferred 3-15 21¥»c 4- 2 B _____ 4% preferred International preferred 7% preferred International International 4- 4-.14 preferred Portland Giant Gibson Glidden 4 ¥2 $4.50 Gold prior Co. $5 (B. F.) Inc. Co., & 4- 2 3-15 Higbie Manufacturing Co., 5% 4- 2 3-15 Hinde & (Edward) 3-30 3-15 4- 1 3-20 4- 2 '3-20 Gotham Grand Grand Stock Union Ltd. for Holeproof new 2 3- 2 2 3-20 SI 4- 3 3-20 Holly Development Co. Holmes 3-10 2 3-15 Holt 12ft C 4- 5 3-12 % 5c 4- 2 3-12 25c 4-14 3-26 Wayne; SI 3-31 3-12 5% 50c 3-31 3- 8 $1.25 3-31 3- 8 $4.25 .___ (quar.) common (initial) Home Hooker J$1 3-31 3-12 50c 4- 3 3- 5- 1 4-13 1 75c (quar.) (quar.) + 5- 1 4-20 10c (quar.) 3-26 3-12 15c 3-31 3-21 each share common of share 4 ¥2% held). pfd; 3-22 (quar.) 43%c 125c 4- 2 3- 9 4- 2 3-15 Interstate Department 4- 2 3-15 Interstate (quar.) Telephone & Telegraph Co. 4-15 3-20 3-26 3-15 5-15 4-25 3-31 3-20 Bearing Co Company, 4ft% Border's, Inc. (quar.) & 4- 3-23 $2 1 4-^1 3-23 Homer Hoskins $2.25 (N, Co. preferred preferred Power & Ironrite, Irving Trust (quar.) Co. (N. Y.) Island Creek Coal 4-10 3-28 Jacobs 4-15 3-30 preferred Inc. preferred $6 (F. Ltd., class A (irreg.) preferred Corp., 3- 3-31 3-16 2 4-25 3-31 L.) Co., (quar.) 2 5- 1 4- 2 4- 2 3-15 75c 3-26 2-23 3-26 2-23 3-31 -19 3-31,; ■19 3-30 $5 4- Company, 2 3-15* 1 3-15 4- 1 3-12 15c 4-18 3-30* 40c 3-31 3-20 3-31 3-31 3-15 3-31 3-15 4-14 3-22 Water preferred preferred Supply 1 3-20* 2 3-15 4- 2 3-15 (s-a) common 440c (irreg.)— (accum.) _. (quar.)— com. 3-15 3-15 19c 4-16 3-31 $1.75 $1.62¥2 22 ¥20 60c 5% 1st preferred pfd. 5-21 Founders 3-22 3-29 3- 4 3-20 2 1 Jewel Tea Johnson, 4-17 iquar.)_ $2 3-22 (quar.)— 112¥2c 4- 2 3- Johnston Jones 3-20 1 2 1 3-29 3-14 4- 3-22 2 4-17 4- 2 4- 6 3-12 2 3-15 3-26 2-26 2 3-15 4- 2 3- 6 4- 2 3- 9 $1.50 4- 2 3- ft 3-30 4-30 4- 4- 3-12 4-16. 2 3-15 2 3-15 3-15 4- 2 4- 2 3-15 4- 2 3-15 3-30 3-30 3-15 3-15 35c 4- 1 3-30 3-29 $1 25c 933/4c 3-29 3-29 5- 1 3-22 12¥2c 20c 4-2 4-20 45c $1.25 $1.50 10c C2¥2c 4- 1 4- 1 4-16 4- 1 4- 2 36ftc — 3-31 3-14 $2.95 4- 2 3-15 $1.25 $1.25 $1.25 — (N. shares Non-voting 3-24 4- 4- <quar.)_ (quar.) 6- 2 3-15 3-15 20c (quar.)— Jenkins Brothers 4- 3-15 ? 75c (quar.) A B 3-31 3-31 4- 3-15 Jamestown Telephone Corp. Jefferson Lake Sulphur Co., 3-31 3-15 4-16 35c 82¥20 15c (quar.) Jefferson Electric Co 45c 62¥20 4-16 4-16 475c Co. 3-15 1 3-20 4- 5% 3-17 2 3-15 44- 4- — 3-20 56¥»c 4- 10c (quar.) 3-30 25c 3-16 1 $1.50 common 3-29 $1.50 3-30 5- 58%c (quar.)_:—4 $1 4- (quar.) 3-16 62ftc (quar.) (quar.) 15c 3-30 common 3-16 3-30 ——___ 3-30 40c 2 62¥2c Jamaica Public Service, 7% pfd. (quar.)— $$1.75 7% preferred 3 (quar.)_ _______— xl34% 5% preferred C (quar.) xl¥4% 5% preferred D (quar.)—xl¥4% Jamaica Public Service, Ltd., com. (quar.)__ 425c Jamaica $1.12¥2 4- (quar.)—. Light, common 3-15 2 4$1.12¥j 10c $1.25 :: (quar.)___ 2 3- 2 43:%c (auar.) (irreg.) preferred 77o 3-20 5- (quar.)— J.) (Frank W.), Mfg. Co., 4-17 3-31 3-16 4- (quar.)—_—__ Ltd., 3-30 4- 3-15 465c 420c Electric 3.30% 3-23 $1.20 America of 4-27 12¥20 pfd. preferred 1 accum.) Electric Light & Power, Iowa 2 4-16 par preferred conv. 4.80% 4- 50c $1 (quar.)___ Telephone Co.,$6 pfd. 20c 25c preferred Hardart Bakincr Co. $43 6¥2% & New common (quar.) (quar.)— common — (quar.)— Co., 33/i% preferred (quar.l_. Stephens & Shinkle Shoe Co.—' Mutual — Fund, Inc — Laughlin Steel Corp.— (initial) common 5% Joyce, Kahn's (quar,)—_ Inc. (E ) Sons, 5% preferred Kaiser Steel Corp.; $1.46 pfd. Kalamazoo, Ailegan Semi-annual 50c 3-15 3- 7 J.)— preferred A (quar.)______ Joplin Water Works Co., 6% pfd. , Horn of (quar.) Investors Management Fund, Inc. Iowa 75c a Extra 6% 3-14 ; Co. Power Quarterly— (quar.) preferred on preferred Foundation, 3-15 3-20 2 Electrochemical & rate Stores Investment 1 2 (Ft. ' now preferred Co. 4- 3-20 3-14 4-14 4- +20c common Investment 4- 430c 437¥2C 3-16* 2 4-14 t20c are (Irreg.) 3-31 4- 25c $1 (quar.) Company, prior 4.70% $1.06 ¥4 50c (initial) common Ball preferred Interstate 50c — (quar.)— A Houdaille-Hershey 4-13 Ltd. Company, & Company, common Hotel Gibson, 6% (¥sth 9 lc (quar.) Hoover 25c 3- $5 preferred A (quar.)— Hoover 2 1 Holopbane Company 4- Class 4- 5% 3-16 3-30 $1.50 (quar.)__ common Co., 7% 3-20 Interstate 3-15 2 t8%c (quar.)_ International Telephone & Telegraph Corp.__ Interstate Bakeries Corp., com. (quar.) $4.80 3-31 4- Ltd.— 25c 3-20 3-30 $1.50 — Silver 3-31 $1 Hollingsworth & Whitney $4 preferred (quar.) 3-15 ' 4- 50c 60c 3-20 16c 3- 2 1 27¥2C t$1.75 (quar.) the Co. 3-20 Ltd.— Quarterly 2 Salt 3-31 3-16 4- 3-30* 1st preferred $100 each share of common held),— par for 3-31 3-31 4- 2-28 4-16 5¥2% International 50c Mines, 3-31 $1 Corp.'— International Shoe Co 3-30 Gold $.0250 Co..Ltd.— (At new 3-20 3-16 H.) cf 2 4-15 (D. value 4- 3-26 (Henry) Power dividend Stock 3-15 25c Hollinger 3-20 basis. 3-20 35c 3-14 3 quarterly 2 12¥20 —_— 3-16 3-31 Canada, Ltd.— (quar.) (quar.) shown above 3-26 (new—initial) Consolidated (s-a) (quar.) (quar.)__ com. Telegraph 4- Ltd. (initial) common 3-14 2 in¬ shares International 1 Hosiery 2 4- 1 Worts) & 4- $1.12% 3- • 3-26 4- 50c Worts, 3-13 10c Corp. & 3-28 Co. dividend stock Class A 2 1 4- 4-10 30c (quar.) Gooderham 4- _____ Toy, & Co., 3-16 4- Co. Gooderham (H.) (quar.)_ (quar.) 50c Tire & Rubber, Ltd. (Canada) Mfg. Co. (quar.)__ Hosiery Co., Inc. (quar.) & Lumber $1.75 ; Grand Rapids Varnish (R.) 3-29 5- Co. 56 ¥4 c (quar.) Ltd Battery Walker (see Paper pi'd. 3-14 2 4- 20c (quar.) par) 20c (monthly) Co. Co. (quar.).^— Holland Furnace Co. (quar.) $1.25 (quar.)_ (quar.) Gould-National Walker Hiram Hoe Dauch 2 3-16* 30c 45c 50c Hibbard, Spencer, Bartlett Monthly 50c Y.) (quar.)___ new — Extra 3-22 Goodyear Gorham (annual) 2 4- $1 of Petroleum, Payments 3-15 53¥aC 50c IOC (quar.) State Ltd., common preferred (quar.)— preferred Course 4- 4$1 shares Bearer Iowa 3-30 $1 (quar.) (quar.I Golden Goodrich Race 4-16 5c (quar.) 2-28 4-14 1 410c ' 40c Paper Co., preferred (-quar.) Registered , $1.50 (quar.) Creamery Co. 1 (quar.) Golden Manitou Mines. 4% 4ft% 5 56¥iC Chocolate Corp. preferred A (quar.) tiershey Hershey 4- 20c preferred preferred Brothers, 3-19 4-20 : (N. Stock Telegraph Co. Goldbtatt 3-19 2 12ftc Co.—; 77b Erewir.g Co. & 3-19 2 4- $1.12 ¥2 pfd. (quar.) Godchaux Sugars, Inc., class A (quar.) Goebel 2 4- 5 25c Corp. 56¥4C (quar.)_ common convertible 4- Products Steel -$1.25 $5 ccnv. pref. Brick (quar.) Insurance Co., 'U Hercules 5 44- 10% (quar.) Corp. Hines Cement Globe-Wernieke, 3-19 ( Co. (quar.) Refrigerator (quar.) Falls Glens 2 lie ' (<juar.)__ Shale 4- Hialeah Gillette Safety Razor, Glen-Gray Motors $1.50 Art Gibson 3-19 of Boston— Co. preferred 2 5c ; 4- 20c : (quar.) (quar.) Products 4V2 7o 3-20 5c Georgia Power, $5 preferred (quar.) Gerbcr 3-20 3-30 — Cifs. of beneficial interest (irreg.) Georgia-Pacific Piywood & Lumber— $2.25 preferred (quar.)___ •$6 : voting Hercules 4- 4-14 4-14 25c and non-voting (payable in non¬ 3-30 3-20 15c ___: Co. common. 3-31 5- 412¥2c net Chemical International 5 ($5 Ocean 1$2.50 Ltd., common.) — 4¥2% preferred (quar.)— i. Henkel-Clauss Co., $6 preferred (quar.) (quar.) Putnam Fund George preferred (s-a) & Pillot, Inc., voting 15c au_ & Co. 40c (quar.) 7% 5 % 2-28 pfd. Products ($100 par) $1 preferred (quar.)_ Helme (George W.) Co., common Henke 2-28 2-28 3-31 (quar.) Nickel 7% International 4% preferred (quar.)__ Hendershot Paper Products, 3-31 3-31 440c 4$ 1.06¥4 (Initial) common 25c — (quar.)—__: 3-30 (quar.) Special Parts preferred 15c Brewing class A Special Class 5ft% t$1.25 (quar.) $1.37ft Common 2-28 420c Co., Minerals 25c (Waiter E.) Company(increased quar.) Heller 3-10 3-31 431 *Ac —— 25c (quar.) common (quar.)— 2 2 25c 30c ________ 81V4C (quar.)___ Genesee Genuine A from (quar.) 3-15 4-14 25c 91 ¥4c 93%C (quar.)___ > Class Ltd.- Co., 3-10 4- 4- Industries, Ltd.— preferred New 3-20 25c — 3-19 3-19 (quar.) : Corp., 4% Harvester 4¥2% 3-30 4-12 4- 25c ; (quar.)— common 1 1 (quar.) Corp A $4 (quar.) 2 4- 4- 450c Bronze International 3-16 75c . (quar.) 4-13 4- $1.25 Ltd Co., Securities Class 3-15 20c quar.) $1.06 ft (quar.) 3 ¥4% • preferred preferred 4V4% Co. Company, preferred 4-14 3-12 $1.06ft Steamship Co 1 Powders, Ltd., com. (increased) 6%" participating preferred (quar.)___. Int'l 6 115c common—Stock dividend General Tire & Rubber Co.— 1 Glass J.) (H. 3.65% 1 2 $1 America 4- 20c 1 5- 4- 45c (quar.) ($.0116 4- $1.25 $1.37¥2 $1.12ft (quar.) 3-21 $1.05 from North of $1 $1.50 — 3-21 3-30 (quar.) security profits). (quar.) Insurance Exchange Building (Chicago) — Quarterly Insurance * (quar.).: 2-21 4-30 40c Corp.— (quar.) $2.50 (quar.; E 3-31 (quar.) common Co. Castings, 3-16 50c Utilities Corp. & 2 B 40c 12¥20 Co B (quar.):—-. D (quar.)_,— preferred series preferred $eries preferred series Hayes Industries, Inc. series $1.00¥4, 5% 3-28 25c Interlake 5% $1.50 (quar.) (quar.) General 4- 3-16 $1.37ft : (quar.) Railway* Signal, preferred 2 $1 Co. General Public Service Corp., $6 pfd. $5.50 preferred (quar.) «$4 4- 25c (quar.) Cement - 25c (quar.)— a27¥2c (quar.)___ $1.12¥a preferred series C 5% i (quar.)__ Corp., 2nd conv. General • Advertising Co. preferred General - (increased) Investors, Inc. (interim). Shares, Ltd.— ' General 2-28 50c 125c — Co. 3-20 1 $1.03¥s tl2¥2c Ltd.— (quar.)— Co., 2-28 5- Institutional 15c issue) Insurance Hawaiian Electric & Ireland 3-31 3-31 4.25c : Telephone preferred 1 60c Co., Ltd.— Fire Hartford 4¥4 % 1 62V2c preferred (quar.)™ Battery 2-28 $10c Corp. (quar.)__ Ingersoll Machine & Tool Co., Ltd.— 50c partic. A (quar.) 4% preferred (quar.) ; Inglis (John), Ltd 6- — (Increased 3-19 Industrial Brownhoist 115c (quar.)____. (resumed)_™ (2nd 2 3-31 J3% (quar.) preferred J20c Corp. preferred 4- preferred 9- Co.— Harrlsburg Gas Co., common 3-28 30c .__ pfd. (s-a) (N. Y.) (quar.)__— 37ftc 2 (quar.) preferred t40c _ Refractories 4- Michigan Electric Co.— i40c (quar.)— Winkle-Munning 2* 5- 3-20 $37¥2c ■ —_____ 50c (quar.) 3-15 2 J12¥zC series A (quar.) Acceptance Corp., Ltd.— Common (quar.) 5% preferred $100 par (quar.) 5% convertible preferred $25 par 5% convertible preferred $32 par 3-15 3-28 $1.25 • 1ft % . 4.20% 5 % Paper Co. preferred (quar.)__ preferred (quar.)™_ •4ft % 1 5-19 4- Industrial $1.25 1— 4- Indianapolis Water— (quar.)— common. _ 3-15 year) Indianapolis Power & Light, com. 4% preferred (quar.) 3 15 3-15 Trust (irreg.) 1 t$3.75 ;l__ preferred 1 6li¥2c Extra 4Va% Co. Ltd. & $1 I— 67c fiscal (quar.) Associated $2 preferred Trust (s-a)_ Company Co., Indiana Indiana 4-16 — _ Investment __. Bridge preference 50c (Hartford) __— 8 4- (s-a) Ordinary (final) 3-26 3-30 8- 40c Incorporated Investors Independent Pneumatic Tool Co. 4-16 4-16 1 ; for preference $3 — Company, preferred 4% Hamilton 3-16 1 1 20c 4.64% Lamp 2 5- $1.25 Brothers Co., $2.40 pfd. (quar.) Oil Well Cementing Co. (quar.) 3-31 31 ¥*c (quar.) (increased) Instrument M.) 4- 5- 7 9- : : Imperial Tobacco of Great Britain 3-10 50c (quar.) 3-27 (C. 3-12 50c pfd. (quar.) Gypsum Lime & Alabastine of Canada, Ltd.— Quarterly Quarterly Hahn Brass Co., common (reduced) Class 2 (quar.) Trust (Bait.), Co., 4- 25c Y.) (N. non-cum. Power Halle (quar.) Co. $1.50 37 ¥20 _1 (final 4% (quar.)___ 3- $3 (s-a)__ (interim) 3-15 3-10 Co Common 2 3-31 2 $1.37¥a A (quar.)____ Zinc 4- (quar.) Shares Realty preferred Common' * Mobile & Ohio RR. preferred (quar.) preferred (quar.) Hall $2 5% preferred A (s-a) General Industries, 5% preferred General (Hartford) $5.50 6% 3-31 4- Imperial Life Assurance Co. (Canada) (quar.) New common (initial quar.) Imperial Paper & Color Corp. (s-a) Imperial Tobacco Co. of Canada, Ltd.— 3-10 25c 3-15 75c (quar,) 3-16 $1.06 ft 3-16 3-31 $1.18ft series conv. preferred 2 Co.— 12-19 3-,30 (quar.) common $4.75 75c (quar.)_ 12-30 15c 50c (quar.) RR., pfd. non-cum. 3-26 Hammernull preferred Finance Corp. General 4- (quar.) Co. preferred Central 50c $1.75 <• Co. 3-19 Illinois Commercial Telephone— 3-10 Halliburton 4c convertible 2nd preferred General Electric 3-10 2 pfd. (quar.) Utilities Rail 3-10 (increased) General Contract Corp. (stock dividend) General Controls Co., common (quar.) 1 *6% Guardian 3-19 A common .General Cable Corp., common 4% 1st preferred (quar.) T (HartfordI 1 Supply convertible 3-20 2 4- 6% (accum.) Public 2 (quar.)____ General Builders 2 4- ______— Brewery Co. $1.50 preferred Guardian 4- (quar.)___.___— Co. 4- 30c 40c . Co. 6% 2 $$5 (quar.)__ Investment 4- Corp.— T 5% Guardian 2¥2c Transportation Film, class (resumed)---,... B General -t Watch 25c (quar.) American Quarterly General Store Grocery Guaranty Trust Gulf 3-15 1 ; (quar.) 75c preferred General 3-31 J30C 3- 4- (quar.)— 57c 1st preferred (quar.)___ Products Co. (quar.) - or (quar.) common 3-31 :_™. common Western Cooper, Guilford capital gains (payable in stock at option of stockholder.) 3-20 (Winnipeg)— common convertible preferred Gulf, 3-31 25c Tanning 3-21 3-31 3-20 Cement Illinois System, preferred Common Gruen 3-31 J12¥2c Griess-Pfleger 3-15 cash Power Corp., 4 ¥4% 3-15 3-15 25c preferred 2 3-31 $1.50 income Gatineau 4- 3-15 2 37 ¥2 c pfd. (quar.) (quar.) com. Packing Co. (quar.) Gas Industries Fund, Ir.c.— • 4- 5-18 343sc Co., Garlock From 6- 9 14c (Julius) (B.) Griesedieck 57c 3-15 (quar.) (quar.) Greyhound 3-20 4- 3-31 (extra) Griggs Cc Illinois $1.12 ft & Die Corp. (quar.) Wire Co., Ltd Water 3-19 25c 25c 7¥2c — preferred Greenwich 4-13 4- 2¥zC 3-15 25c —; $15 Company, common... & 3-31 common preference Quarterly 3-20 3-30 9 $62¥2c ______ — Great Western Sugar Co., Extra ' —: 3-30 2 Ideal (quar.)_, Great West Life Assurance Co. 4-20 $$1.19 3-15 J30c (quar.)™ Towing Co., Felt,. Ltd.— -25C _ 3-31 10c (quar.) convertible J35c common.: 3-21 160c __. Great Lakes Steamship Co., 77c 1 preferred (quar.) 5% preferred (quar.)__ Hydraulic Press Mfg. Co., common Ltd.— Co., (increased quar.) 50c . • $1.25 Great '! r (quar.) 5% Great Fuller Manufacturing Gair (Robert) Co.— : preferred 3-21 3-15 ; 6% conv. preferred (quar.)— -Fuller (George A.) Company (quar.)— " 5% 1 Class - - 3-20 4- 3-15 froedtert Grain & Malting Co., com. V $2.20 preferred (quar.) - 4-16 30c 3-15 4%%'preferred (quar.)___ ' 30c (s-a)_ Class 3-31 4-20 (quar.) (N. Y.) : 3-23 '• 1 3-30 3-20 Li 5- $1.25 2 (quar.) 3-15 (quar.) 2 Company 3-20 2 preferred Common 3-15 __ 4- 30c Mortgage Corp. (increased; Refrigerator Co. (quar.) 3-20 $1.50 Erie 3-31 3-31 5% 3-31 37¥aC 3-16 30c $1.50 Huttig Sash & Door Co. 20c Fostoria Pressed Steel Corp Foundation Co. of Canada, Ltd. 3-26 3-16 Hussmann t$1.50 Worth Transit Co., Inc. (quar.) foster & Kleiser Co., class A pfd. (quar.)_ Huron & (quar.) 3-19 3-20 4- (quar.) Mfg. Co., common preferred (quar.) 6% 3-16 3-31 3-15 75c 37 ¥2 c 11-26 Humphreys 3-31 3-15 Extra 3-14 12-10 Cc 3-31 50c (quar.)__ 2 Great Eastern Fire Insurance 2-28 8-27 20c 62¥2c 12Vie Texas 4 Great American Insurance Co. (N. Y.) 2 5-28 9-10 3-31* 4 common 3-14 2 6-10 $2 3-12 4- of 3-31* 4- 2 B.) $2 2 4- Gas, common-. (quar.) Co. Howell Electric Motors $2 (quar.) Natural preferred 4-14 4-14 4- 2 (D. Company, 5% Houston Oil 3-<Jl* $1 933/4C - 4- 4- Fuller 11-26 Houston 4-14 20c 4- Ltd., 12-10 preferred (quar.) 3%% preferred (quar.) Holdert Payable of Bee. 25c 4- Companies, $2 4% 60c 93%c 50c Fraser 8-27 (quar.)__ (quar.) 50c 6th 5-28 9-10 common (quar.) 75c West 11-26 6-10 $2 2 - Franklin Process Co. 12-10 $2 When share Corp., Stores 6% preferred (quar.) Formica Company (quar.)— 412 $1.50 4- $1.05 quar.) foremost Dairies, Inc., com. £ 4% preferred (quar.) i (quar.) Company Finance preferred Drug Great (Initial Food Machinery & Chemical, common ^Forbes &. Wallace, $3 pfd. A (quar.) foreign Light & Pwr. Co., 6'/* 1st pfd. (quar.) ' 8-27 4- • Per Name of 5-28 9-10 25c A Inc. preferred 6-10 $1.50 — $1.18% class 12ftc Fair Stores $1.50 (quar.) (W. T.) 3%7c 3-30 15C — (quar.) preferred preferred preferred Grant 35c (quar.) com. B $4.20 1 50c (quar.) 4- 3-26 Holdert Household preferred class A (quar.)__ preferred class. A (quar.) 87c preferred class A (quar.) 8 7c preferred class B (quar.) 8 % preferred class B (quar.) 87c preferred class B (quar.) 5 40c (quar.) Co., 2 When Payable oj Ree. & Co. 87c 4- Share 87c 4-20 Company (W. R.) 6% 2-23 75 c Co., Grace 6 7c common Utilities 4- 3-16 $1 Inc Special fisher Brothers Co., $5 pfd. •Florida 2 $1 ' •'Florida 4- J.)— f* $4 preferred (quar.) ••Firestone Tire & Rubber Co •first National Bank (N. Y.) (quar.)— 'first National Bank of Toms River, N. J.__ First National Per Name 0/ 2 65c (quar.)—_ (Newark, Holdert 3-30 $3 Association When Payable offieo. & Grand (quar.) (quar.) Rapids 3-22 4-17 3-20 3-30 3- 2 3- 3 4- 2 3-22 3-20 RR.— r 50 (1318) The Commercial and Financial Chronicle Per Name of Company 4% preferred Kansas 4% 95C 6- 1 5-15 $1 Gas & (quar.) Electric 6- 1 5-15 Stock (quar.; Class 3-10 Class 4- 1 3-10 Macy 1 3-10 4- 2 3-15 3-15 Maine 4- 3-15 (quar.) 40C 3-30 3-16 25C 4- 3-22 (initial A 4- 2 3-15 Marchant 4- 2 3-15 Marconi 7- 2 6-15 tion preferred (quar.). Corp. (irreg.;... Gold Mines, Ltd. (interim) Manufacturing Co.— 6% participating preferred A (quar.) Kcyes Fibre Co., 5.60% 1st pfd. (quar.) 3-15 Marcus 4- 2 3-15 Marine Midland 1 3-16 Maritime 3-30 2-26 3-28 2-28 pfd. Corp., Inc. (quar.). common Kroehler 472% preferred 472% 472% preferred Kroger Company— 6% 1st 4-16 3-30 2 3-16 50c 50c 1 3-31 Master 2 3-20 4- 1 3-20 3-30 3-22 50c Steel is Lewis * in lieu 5% $25c , divs. Co. ; 4- 2 2 3-24 (quar.) (quar.) 1 4- 1 1 $1.50 377aC 15c 0 4- 1 4- 3-31 A 3-28 a 2 3-21 Middle 377aC 4- 2 3-21 Midland Fund, Minnesota & 3-31 3-15 Minnesota Power 3-31 3-15 Mission 3-17 3-16 One 20c 2-16 pfd. (quar.) . (quar.) Louisiana Power & Light Co., $6 pfd. (quar.) Louisville Gas & Electric Co. (Ky.)— Common (quar.) 5% preferred ($100 par) (quar.) Adams ($25 par) (quar.) Factors Corp., common (M.) preferred 25c (quar.) & Sons, Inc., (quar.)_ (quar.) Lowney (Walter M.) Co., Ltd. Modern Containers, Mohawk Petroleum 4- 2 3-17 2 3- 12 %c $1.50 4- 2 3- 3-29 5- 4- 1 9 Monarch 45c 4-16 3-31 $1.25 4-16 3-31 317.C 4-16 3-31 27aC 4- 1 2-20 4- 1 2-20 50c t25o • 47a 7* Co. <quar.)__ 5% preferred Rubber preferred preferred 2 3-16 Common 4-16 3-15 4 7i% 3-29 3-16 20c 4- 3-23 4 Montana-Dakota $4.20 Union Naugatuck & Mfg. Fire Co. Gas Electric & Hampshire Fire New Haven 4-25 3-30 4- 3-15 Power & Light," 47* pfd. (quar.) preferred (quar.)"_ :—_— Jersey Water, $4.25 preferred (quar.) New Orleans Public Service, com. (quar.) 43/*7* preferred (quar.)—* 3-15 50c 3-31 3-15 N. 3-12 4- 2. preferred Y. Cuba & 5.607* New Mail (increased)., 11-15 47a% preferred A (quar.)_ Y. State & & Co. 3-16 $4.50 preferred 2 3-16 3%% preferred 4- 2 4- 2 $1.50 New York Telecoin 3-15 New York 3-31 3-15 4- 1 3- 4^ 1 3- 7 $1,067* 4- 2 3- 9, 3-12 56 7* c 4- 2 $1,187* 4- 2 3-12, 4- 2 3- 4- 2 3-26; Newport 3-16 4- 2 3-12 33A7* preferred (quar.)——— Newport Industries, Inc. 4%% preferred (quar.)__^ Niagara Mohawk Power Corp., com. r 3-31 3-16 3-10 2272C 4- 1 4- 1 1 recently re¬ classified into 47a7o preferred. Declara¬ tion for new preferred is shown above. • 9. $1.1272 3- 9 4- 1 3- 9' 3-30 4- 2 3-16 50c 4- 2 3-16' 5-1 4-16; 933/*c 4- 2 3-15' $1,067* 4- 1 3-16' 93 %C — —— preferred (quar.) ♦ 35c (quar.)_ Niagara Nicholson File Co. Noma Electric Nopco Chemical 3-31 3-12 tfqmir.)__;_—_ ^ (quar.) 3-31 3-12' 3-12' 3-31 3-12 3-31 3- 4- 2 3-20 3-30 3-20 50c 3-31 3-20 75c 6-15 6- ' t40c — 50C 25c .—_ Co. ;(lncreasedl Norfolk Southern Ry. Co. 3-12 3-31 97 V2C — (quar.) (increased) Corp 3-31 85c 90c _______ preferred (quar.)—— Wire Weaving Co., Ltd. 3-15 3-15 3-15, 30c (quar.), preferred 3.60% : " Class A ,3.40% 3.90% • 3- 1 $1 :__ 3-15 4- 1 4- lc 3-12 Corp. 3-2l\ 4- (quar.)— 2 * 3-28 $1.127a B 2 62'72fc' 9, Co. —— com. 4- . quar.) preferred was Corp., class (quar) 4- ' * 7, 933/*C t25c 8772C (quar.) 5, 3-15' pfd.— Mining Trust Co. Newberry (J. J.) Company, 33/*% preferred (quar.)— $1.1272 Co.— 6% 127zc 11 pref. 9' 3- 3-30 $1 ___ 3-15 •.?/:" 2 4- $1.50 RR., (quar.) 1 41.127a 3- $1,017* (quar.)™—, 1 Electric 3-16, 3-30 50C j— 4- 1 3-15' 3-31 s-is^ 40c Rosario 4- 4- 1 , 6' 3-15 3-12 (quar.)_ (quar.) 4- 627aC (quaxj—- 4- 4-16 Gas 25c com. 4-16 35c 20c — 1 9 Steamship Co.— Electric ?. 3-20 5- 75c N. 4- t25c 3- 1 iquar.) 20c $3.50 (quar.) preferred—Stock 12-15 $1.22 7a class Ltd., Utilities 3-15 3-26 2 5-15 4-14 45c (quar.) Co., 6-15 t$l 3-20 2 (quar.) Honduras t50c . 4- 3-30 4- * ; 3-20 4-23 4- (quar.) ___' preferred York 3-30 $1.50 4.05% 6% 4 4- Nftw Jersey 3-20 2 t$l-25 (s-a) (quar.) Co., Insurance Louis \ 4 3-20 20c 1 j Y., Chicago & St. 55- 25C quar.) ____— England Laundries, $6 pfd. (quar.) England Telephone & Telegraph Co.— ..Quarterly Light 5-15 3-30 $1.1272 ; - 3-26 2 ^ Association— (quar.)— 3-28 4- 3-16, 5-15 $15c New 4- 2 * : 3-13 $1.15 3-16' 4- 1772C ____ Ltd.— : — . 3-15 2 40c : England Ins. Co. (increased New England Electric System Iquar.; N. 3-15 2 4- 15c (quar.)_ (quar.) preferred , 4- 15c , .— 3-30 9 ' 4-14 . 75c quar.) (s-a)— Telephone "Co., New Gas ' 3-15 10c . New 15c Ltd., (increased Insurance (quar.) New : England 4'.^% Co. (Increased (increased) Co. Water 'Co. J Increased 3-26 , 3-21 3-15 4772c — (quar.)__j Chemical 4- National 2 3-26 25c New 3- 4- 5C 537ec 4 3-16 3-16 ,, :—_ 4- 9 2 , (quar.)—" 3-19 4- 7-31 3-15 4- $1.1272 3-19 3-26 8-15 3-31 40c (quar.)_~ 2 25c * ' 50c — New j. > $37720 (quar.) 2 2 4-30 (quar.) ___l___7— 4-14 50c Corp. Co. Knitting 3-16 5 3-15 Co.__—_—___.— 4- $1.25 1 3-28 4- 3-15 :4^-2< -5-15 • Ltd. common 4- — common Monroe Auto Equipment Co.— Monroe 4-14 4»-2 " 4-30' $1 Marie RR. Mojud Hosiery Co., 57* pfd. (quar.) Molybdenum Corp. of America (quar.)— 3-15 50c (irreg.) Mohawk 7 Tool ; 3-15 3-15 u; 1 Tile ? v — held Extra 7 3-12 4-2 1 Extra National A iV, :(qnar. h.———— preferred (quar.)™, National Terminals Corp. "(quar.) 3-12 3-20 9 4-13 , 75c .... . 10c Corp., com. (quar.)T 3-15 4.90% 1 1 2 f 50c Service 3-20 $1.07 (quar.) Lynn Gas & Electric (quar.) Lytton's, Henry C. Lytton & Co. Gas 1 4- 5- 25c_ 17_____—_—• 5674C (quar.) ; 1 6c com. Mobile 4- 3-30 25c Paper $1.50 15c 30c Co., Ltd. 1 4- 3- 15c & Sault Ste. Co.,- - 4- 30c 3-20 (quar.) 4- $1.75 3-10 Light. shares Glass preferred (Robert) Extra 4-13 $2.50 _ (interim) 3-31 3-31 5 7* pfd. (quar.)_ dividend)— Mission Development Co. for $1.25 .jr. <P.) Co., common preferred (quar.) Lines two & 62 Vac (quar.) 4-16 Inc Mitchell 3- 9 1 1 7 7aC 3- J 3-28 3-30 5- preferred National Mississippi Power Co., 4.607* pld. (quar.) Mississippi River Fuel Corp. (quar.) Mitchell (J. S.) & Co.. Ltd. 3-15 5- 5- (stock share of each 3-16 2 $1.22 7a (quar.i Ontario Corp. Mississippi 4% 3-30 A Minneapolis, St. Paul Minnesota 4- 4-16 (quar.)— common convertible preferred 3-31 $1 1 Miller-Wohl Co., 3-30* 25c 5- 567*C i 9- ; 4-20 627aC 3.807* • ; 6-1. 1 -50c $1.25 . Semi-annual 57* pfd. (quar.)_ preferred class Sons 4-10 " 47*% 3-22 (quar.) f3- a 1 10- 4- Corporation 4-16 1 3-23 3-30 (quar.)_ 4- 7-1. . 35c Co.— Brunswick 3-31 1 4-13 40c Tea New 3-13 4- 20C National Nehi 3 4- 3-15 ' 65c preferred 3-12 4-10 15c 2 „ — Car, 3-12 common ' 1 '3-16 2 Refining Sugar 3-12 4- 3-20 Steel National 1 7-25 472 7* National 1 10-25 Convertible Co. National Supply Co., 4- common 3-15 3- 2 $1.12 7a Products, Inc. (quar.) 4- 1 & Starch $2 1 + National 50c Manufacturing Co., . , —_n .Co.s'^quar.') Natioiial Standard 3-14* (quar.) 11- +20c 3-14* 3-29 1 25C 2 3-29 2 Miller 3-15 •' 41 $l5c $15c ^ 7> > 4--2 ; 35c 3' ■ ' 4-2 5c 4- 4-24 ; 3-28 . - $50c 6 4- 1 , mi&c* (quat*.)—— Co 3- 30c 8- 15c National Bcresv- & Mfg. 'Gox"(quax.) 75c 5- 3-23 3-31 '4l5c .\' J 3-15 4-2 I National Stamping common 25c 710-20 J 2 > 4-15 tiVst 6 9 4-. 20c- 6 Illinois— ■21 * i Cooker Co. Radiatcr Inc,___ 25C non-cum. (I.; Pressure Utilities, 8% preferred (quar.) Midwest Rubber Reclaiming, 472% preferred (quar.) Miller 5% National 15C of 1 ..' . 3- (irreg.) Co. •21 8- 10-30 20c ~ 3- 4- 3-16 1 75c . ""l " ? Corp. & Type Products, preferred Steel 25c common Lorillard preferred South Service 1 67 VaC 1 5- 8 10c 1 5-18 4- 5c — 4- 5-31 4-18 .1. $15c 4- ... 3-14 3-31 1 6 3- 1; 50c preferred (quar.)— preferred (quar.)—— 25c Telephone 3-21 4- 3- 3-31 5- ' — (quar.) Paper 47a 7* ~ 3-21 40c 3-23 1 57* - $1.10 2 377aC 2 4- , 4-20 $1 class B__ $1.083/* (quar.) 2 , 4- 95c 25c 5-15 Co._'—^_—__—— 4- Telephone Co.— (quar.)'__ 7c basis. Lorain Coal & Dock Co., Lorain Telephone, 57* v $1.1272 2 Co.— Transit States 25c quarterly J 9 j 3-31 7 $1.40 convertible preferred 4- 3 3- 7 6 ) (quar.) (quar.) Linen National \ 4- 4- 3-31 3- $1.75 (quar.)_ (quar.)____—. 967*c 4- t6c 3-20 20c 2 - , •47a% preferred (quaj.)— :5%. preferred (quar.)___'__—^___: 3-16 3-31 < 7' 4- 3-15 4-14 —T__.—j 97 720 $1.75 $2 National 3-20 3-31:. 30c v, I 183/*C " 3-30 710C 50c Quarterly (Del.) — (accum.) Lighting $1.75 :. 3- 2 $1.25 Co., common, (tpiar.) -_i—*»«*preferred B (quar.)_i__— Common i___l 3- 2 65C Lead National Michigan Steel Casting Co. Middle A A 6%> 3-16 8-17 50c A 2 class class National : 11-16 4- Mines, Ltd 3-17 -4- 4- 4- " , Corp.___ National Investors Corp. 3-17 Associated $1.25 class 627aC 60c *3-15 8-31 3-23 . 3-12 3-10 4-1 « 4-13 t44c (quar.)— National Hosiery Mills, Ltd., •-•'60c class A (quar.) 60c -$$1.1272 Oil Gypsum 11-30 6-23 Gas Co. National ,'j4- 1 3- 15C .— preference $1.1272 2 377aC I > 3-16 * 50c f25c Fire insurance Co. (Hartford)— Quarterly i Folding Box ' (quar.) _______—i; 3-12 - 3-29 National $1.50 $1.12 7a 2 (quar) Taylor 25c quar.) 227aC Ltd., Island ! 3-31 3-30 ' 50c 5c 3-20 ! 3-20 3-31 . 40c (s-a). & 50C 3-31 . 75C V j 9-20 12-20 4-16 i_i :— Cleveland of Quarterly _LL__ 1 ,3-16 (quar.)__ 4- (quar.) National 60C r *■ 6-21 9-28 4-16 — National Grocers Co.». Lfd., asommon 877aC..<: 6-28 4c (irreg.)—__ 3-16 I 9 12-28 $1.50 ' ____ (quar.)________ 3-16 •: 3-15 3- ' Corp. Gas I - .3-15 377ac National Fuel (quar.) 7- (quar.) 3-22 ! 3-31 $1.50 — — i , 3-20 3-20 ' 15c National 40©. ^,.$-27 (quar.). 2 3-30 $1.50 3-19 preferred preferred 2 4- - * 2bc — 3-15 preferred 4.907* 4- 37 7aC __— : 3-15 preferred preferred 3-15 3-28 ! \ (quar.)_ 4.40%; 3-30 f20c 3-19 $1.05 Michigan Bumper Corp. <quar.)_ Michigan Gas & Electric Co., common... 2 3-16 5c ^ Co. 3-15 2 50c ! t$l. (quar.) 3-12 2 4- ________ ! 37 Tic , „ 3-2S 4- National City Lines, Inc. > 7 ■?." $4 preferred :A- .(quar.— National Electric .Welding- Machine Co.— 3-15 ! ,V 35c. —___ Copper Co.___ 377aC (quar.) ' L 5c iioc (quar.) ™—il —. 30c Biscuit $7 prefered 3-31 3-31 3-15 Secuiiaies City Bank Semi-annual * 40c common Brothers & 4-20 4-20 3-15 47st% 4-20 1 3-15 15c (quar.i, National !7'.i 3-20 .... . (initial preferred 2 4- $1.183/* National Cash Register Co. ;(quar.)_— National Casket Co., common h? I-"19 (quar.) $5.40 5-10 3-31 Co., Inc. (Md.) Co., common Breweries, Ltd., common (quar.)_ 7%. preferred (Quar.)_— ; 3-15 472 7* 3-20 4-15 Nation-Wide 3-14 ""75C <quar.) & System, Inc., Nash-Kelvinator . 3-14 ) i (quar.) 30c (quar.) Corp., ) ) 50c $1.1272 preferred Stern 3-30 5-10 5-31 21c (quar.) (quar.)— preferred Myers (F. E.) f 3-31 ~>50c common preferred 47*% 3-26 5- ) Edison— preferred Michigan 4- 4- 62 72c Extra 4-14 $1,599 5 3-12 2 6% 3-26 (quar.)— preferred- Michaels 3-22 5- 3- 4- t$l ' Disintegrating Co., Miami 3-22 967*C $1.1272 Class A (quar.) Lone Star Brewing Co. (quar.) Lone Star Cement Corp. (increased) 47*% 4- 3-30 . $0.14067* (quar.)™M— 4.357* 3-24 4- 5 (quaKti^ quar.) preferred (quar.I Metropolitan- Brick_, Inc 3-16 56 Vic 3- ' Corp. preferred 4-16 5-31 25c National —— 3.907* 3-31 3-12 3-30 . 7% 3-15 ~25c 2-28 3-26 National (quar.)™ Co. Tnermit 3-14 America— Mutual 3-26 3-12 47a% 3-31 6272C pfd. (quar.) 6% 4-14 1 25c Inc. (quar.) (Marcus) Theatres, Ltd. (See Marcus Loews Theatres). London Hosiery Mills, Lowell 3-12 3-31 Machine & '3-20 3-29 , 3-15 3-30 $1.25 Mutual Fund cf Boston.. 3-12 (quar.) (Initial of 7-1; 2 . _. Loew's Lowenstein 2 4-14 (Initial) Ltd. preferred 3.85% — Loew's, 5% Metal 10c (quar.j __ (quar.) preferred Angeles Mesta of , Lipe Rollway Los 3-13 3-15 4- 4- Petroleum Co. (irreg.) Telephone & Telegraph Co. (quar.) & 3-30 „4" 3 30C Little Long Lac Gold Locke Steel Chain 77* Paper, 47n% 3.80% ... . Y. Co. preferred 2 (quar.) (quar.)—. Metropolitan Building Co. preferred (irreg.). 6% preferred (quar.)—_ preferred Lord • Mersey - Metropolitan (quar.) (quar.)—; Common on 4-30 3-20 preference. cash 75c Now 1 common 3-3C $1.50 (quar.) 8- : N. Chemical 2 .Til™" class B preferred cf 59%C 50c 6%.preferred (quar.)—— 6%' preferred iquar.)—j 4- preferred New Metals (quar.) common 31 (quar.) preferred (quar.) Long 5- Bank , 6%. preferred *<quar.)__._ (quar.) common Mutual 4- Company, common (quar.)*.™—*. -(quar.)————— Meredith Publishing Co. (quar.) Mergenthaler Linotype Co.— ; 3-19 3-30 50c 40c convertible preferred (quar.) Liggett & Myers Tobacco Co., 7% pfd. (quar.) Lincoln National Life Insurance Co. (Ind.) — Quarterly Quarterly Quarterly $1 2 Corp. preferred 6% Si $3.50 3-23 4- $3 (quar.) year Stores Corp., common preferred (quar.) Oil Merck 3-15 be paid on April 1 Class Lion 3-16 4-10 627aC 3-15 (quar.)_ <qUar.)__ & Co., convertible Merchants " of current Liberty Loan Corp., class 5% A $1.50 convertible $1.50 pfd. — Class - 3-16 4-16 45c Quarterly Quarterly Lincoln 2 3-30 50c i H.) Fund. Inc._. ; Liberty Life Insurance Co. (Greenville, S. C.) Lincoln 3-15 ' (John 90c 4- - _. 3-21 (quar.)_- 3-15 Distillers, Ltd., 67* pfd. (extra) ___ Merchants Acceptance Corp., com, (irreg.)I 3-15 - 3-20 preferred Co. 2 (increased) 3-15 Meicners 6-15 2 80c 1st (Charles), 472% 3 4- 2 3-15 44- Co. Corp. 4- — preferred Company, preferred Lerner 7- 10c ____, !___ Lees Leich 12-28 4- 45c the convertible non-cum. 1 -10-52 4- $1.3772 472% Aircraft 4- (initial) Murray Ohio Mfg. Co. (quar.)__— Muskegon Piston Ring Co. tirreg.)— Muter Company (quar.).—-—- 3-15 —____ Extra Co. (quar.) (James) & Sons Co., 3.85% Lehigh Valley Coal Corp.— S3 9-28 $15c Lawyers Title Insurance Co. (Va.) Le Roi Company, common.. $2.50 6-28 $25c , non-cumulative of (quar.) (Arthur G.) 3-24 'L 6-25 627ac 4- (quar.) Mfg. 4- McQuay, Inc.,. 5% preferred (quar.) ^»sutiS'c?, McQuay-Norris Mfg. Co., common (qudr.)__ 25c 47* 7* preferred (quar.) _____ $1,067* Mead, Johnson & Co. (quar ) 15C 3-28 7-10 10c ; formerly required to & 4-10 10-10 35C dividend)— of 472% 4-14 $25c (quar.) div. Leath 5-1 10c (quar.) (quar.) (stock stock 1 3-10 Ltd.— share Oct. 3-31 10c __ (quar.)__ One and McKinncy 10c : (quar.) This 50C McDonnell McKee 317*c (quar.)., Frary & Clark (quar.) Lane Bryant, Inc. (stock dividend) Lang (John A.) & Sons, Ltd— Langendorf United Bakeries Inc.— A 4-16 4% 3-15 $1.75 . 3-15 3-17 3-23 1272C Corporation, $2.50 preferred Stores, common (quar.)__ 6-15 10c Landers, Class 1 1 1 2c new com. 317*C (quar.) 12-20 3-28 2 2 7c 12-27 6-28 Co., 3-20 3-31 6-25 7- 7- (quar.)_- 1 4- 1 - t 627aC (quar.) 4- 40c, McCord 5c preferred Murphy (G. C.) Co., 43/*% pfd. Murphy Paint Co., Ltd._ Murray Corp. of America > 4- 3-24 4- f 15c Brass 10% 9-20 5- Mountain States Power 3-16 1 50c Ltd Mfg. Fund 9-26 $1.75 Co., Mueller 15c' . common convertible Metal 'Mullins 3 3-15 3-15 4- f * 50c — 3-20 4- 2 2 3c Royal 57* 44- v 50c (quar.)„ 3-20 75c common 6-20 ; Lawson & Jones, 2nd 6-26 $3.50 3-15 25C dividend) Corp., 3-21 3-15 9 common— <quar.)_. Company $3 3-27 ' Inc. Diablo 3-20 t$1.25 (quar.) McColl-Frontenac Oil Co., Ltd.— 4% preferred (quar.)—— 2 3- • 20c 59 %C (New Haven) (irreg.)__. preferred (quar.)—T— $5 $1.1272 3-12 (quar.) Sessions • (increased)™ 5-10 4- Bank 1 50C 1 $1.50 Plan Mount 3-16 2 4-16 $1,067* — (quar.) preferred 9 • 50c 4-16 (s-a) (stock preferred 3- 2 — 4- $1.50 2 McCrory : 6 3-31 $i (quar.) 2 6% 2 common... Goods, 20c ; RR. McCaskey Register, Dry Mrs. Tucker's Foods (quar.) I Company, 9 4- 4- —— 25c common Chemical preferred 572% 3- 4- 17 TiC $1.1272 ; m (quar.) com. 4- 3-12 3-28 12 Vac 4- !___ preferred (quar.) $1.1272 Mines, Ltd. (irreg.) Company (increased) Common Ltd. $1.1272 Lamston (M. H.;, Inc., $6 pfd. (s-a) Land Title Bank & Trust Co. (Phila.) $1.80 7% 3- t$1.75 t$1.75 r— R.) Finance, Mount 10 %c 6- Lake Shore & Motorola, $1.1272 ... University Ltd, preferred 3-31 $1 : Co. 4-15 75c ... (quar.) pfd. (quar.) ... Co. 62 72C (quar.) Investors Electric 5c Gas (quar.) Communica¬ (quar.), Valley Mathieson (quar.) Morris Motor (quar.) Corp., Massachusetts 5- 4- McBee 3-15 3-19 3-20 4 7*% pfd. pfd. (quar.) preferred Masawippi 9 2 3-21 Extra Laclede-Christy Co. $2.50 3- 47j 7* 10c (quar.) Extension Lambert 3-26 4- 4-15 2 Co., 6% preferred 9 Morgan Engineering Co. $2.50 prior preferred* (quar.)_: Morris (Phillip) & Co.—See "Philip Morris" Morris Paper Mills, 4%7* pfd. (quar.) 4. Corp. & 3- 2 U Goods, —— (William Common h 4- Martin-Parry .Corp. Marvin's, Ltd., 5% preferred (quar.) Maryland Drydock Co./common (quar.) 2 Common Moore 4- (final) rets, Inc., Sons & Mills 32'/2C (quar.) preferred Quarterly Quarterly Quarterly Labatt (John), Quarterly Lamson 3- 3-15 $1.25 (quar.) Field $2c Plante-Choate Mfg. Co., common t'5% convertible preferred (quar.)_____ Laclede 3-30 35c La Laclede 4- 20c (quar.) Common Salle $3 3-23 >,7% 2nd preferred (quar.) Kropp Forge, common. La 2 3- 2 2 (M.) Marshall 3772c (quar.) (quar.),___ preferred 3- 2 4- ... (quar.) 472% 2 4- 5c Company Mfg., 4- $1.1272 3-14 (quar.) (quar.) preferred Martel 3-21 1 3-27 60c — 3-15 2 Extra Corp., Marshall-Wells, 3-12 4 4- 30C *20c Basket Marsh 6-20 4- M 30c (quar.) 4-14 4- Drop Forging Co., common—___:—.__ 43/*% convertible preferred (quar.). R.)* Dry T: 4- Moore Mocre- (William Corp.— Marine Corp. Marlin-Rockwell 4-10 1 3-22 15c Theatres, preferred $1 12-20 4- 3-26 3-22 Telegraph & Telephone Co., Ltd.— 7% 9 6-30 60C ; ... H.) 1 3- 12-30 25c (quar.) (quar.)..— preferred (quar.) Knott Hotels Corp. Koppers Co., Inc., common (S. 5- , 1 $2.50 $1.50 preferred 4- 2 2 5 3-12 *25c preferred A (quar.)— preferred B (quar.)___•__ 2 3- 2 J50C (quar.)__ 7% 4- Common 3-21 $2.50 (s-a) Kingsport Press, Inc. (quar.)___ Kinney (G. R.», Inc., common (quar.) Kirkland Lake Gold Mining Co., Ltd. (s-a)_ Kirsch Company, common (quar.). ! 4% 3-31 75c 5% Kimberly Corp. {King-Seeley Corp. (qnar.)_— Kings County Lighting Co., 4% pfd. Kress 72C 35c (quar.) Pipe & Supply Co., Loew's Market 4 Y.) preferred dep. Amer. ' 5 2 4- t227aC (quar.; 7% 4- ! 3- 4- 120c Cc common preference 3-12 4- 4-14 $1.75 Ltd.— 3-15 Ltd.— 4- Ordinary Corp., Ltd., Holders Payable of Rec. 50c : Works, 2 25C (quar.) (N. Calculating Machine 2 $20C 5% 5 7* International Co.. 4- 9-15 $1.25 preierred Exploration (quar.) redeemable (quar.)_ common 4- 50c Co. A When Share Co., 3-30 277aC — ______ semi-annual Coip., 1 Kerr preferred Increased 10- $1.1272 Kerr-Addison 472% Oil Marathon 62 72c . preferred (s-a) Kidde (Walter) & Co., Maracaibo 3-15 3-15 6272C (quar.) Copper Kimberly-Clark 3-22 3-30 3-31 Moore Rubber & 877zC class 47* Inc.. convertible 8772C B Keystone $1.20 50c quar.).. 3-10 $12.50 Co., common (quar.)—— Manufacturers Trust 35c (quar.; $4.50 2 3-10 Montgomery Ward & 50c Service Tire Mansfield 30c (quar.) Company, 3-15 4- Public 8772C preferred Kelsey-Hayes Wheel, 1 2 Telegraph 3-31 3-31 < Locomotive 3-31 25C Brothers, 3-16 3-16 ...» Montreal (quar.) Mandol 2 2 4- Class 3-30* Manitoba Sugar Co., Ltd., 6% pfd. (accum.) Manning, Maxwell & Moore, Inc. (increased) 4- 4- $1.1272 Co. preierred $1,067* (quar.) &, 3-16 2 3-30* 4-14 Montreal 572% $1.12 72 _ $1.75 preferred preferred 4- 4-14 Corp. (quar.)—1 Coal RR. Co. (quar.) Manoning 4-16 (quar.) 372% A H ) Car 25c 2 50c $1.50 common™ (quar.) (R. Company tl2^c. Co., Monday, March 26/ 1951 . Per Name of 4-15 tl2 7ac Forbes & . Holders Payable of Rec. Wc , (quar.) B 57* 3 72% Class A Magor Kelley Island Lime & Transport Co. (quar.) Kelling Nut Co., 6% preferred (quar.) Kellogg Co., common..—— Class 3-31 $1.25 28c Kawneer Company (quar.;. Kaynee Company, common (quar.) Kendall 4-16 3-31 4- __ Consolidated M. & preferred (quar.)_ MacMnlan (H. ti.; Export Co., Ltd.— (quar.) com. Drug Co., $4.50 preferred Kennecott M. When Share 6% $1.07 common of Company MacAndrews $1.127a dividend preferred (quar.) Kansas Power & Llgnt Co., 474% preferred (quar.) 472% preferred (quar.; 372% & $1 com. $5 preferred J. 50c _ Co., 472% preferred (quar.) 4.28 % preferred (quar.)—; Kansas-Nebraska Natural Gas, "*•■1 Per Name M. (quar.) preferred 7% Holders Payable of Rec. City Southern Ry. Kansas Katz When Share Kansas City Power & Light Co. 3.80 7c preferred (quar.) . _— . 1— - 1 1 Volume 173 Number 4997 . The Commercial and Financial Chronicle *. Mining Share Corp., Ltd North (increased) ____ North American Car Co. $2 conv. preferred • 3- 2 10c American North Shore North Oil, 3-20 50c 4- 2 3-23 30c _ I ,A Co. Northern 2 3- 4- 1 3-15 6 7c 4-16 4- 2 6 7c 4- 2 3-15 Pratt $83/4c "pfd. ('quar.)I_"l 3-31 3-15 Pratt Read & Engineering Works____ Indiana Public Service 4%?*- preference (ouar.) Northern Natural Gas Co, (ouar.) Noithern Pacific Ry. (quar.)__ Northland Greyhound Lines— Pressed 10c 4-20 4-13 2272c 3-30 3- 5 45c 3-26 3- 2 i 50c 4-25 4- 3 : ' Norwich preferred Norwich • (quar.) & Worcester RR., 8% pfd. Scotia Light & Power Novadel-Aeene Corp Oak Mfg.- Co._; Ogilvie Flour Mills, Lld.f common • Oglethorpe Ohio Fund Edison (Savannah, Co., common Water Ohrbach's. 4- 1 Colony Old Line Old < Town Olin - Insurance Lile 5- 1 4-10 Corp. Oliver of 4% Omnibus Corp., 7% Steel Pacific . -.* (quar.) : Pacific Packard-Bell Packard .5 Co. Pagc-Hersey Panhandle 4% i Tubes, preferred Paramount Park ; 4% '4 (■- 47a% 2nd 3-12 Quebec Power 2 3-15 Quebec 5-15 4-16 Queen 4-16 Quincy 4- 2 4- 3-16 Corp. 4- 2 3-31 3-20 4-12 3-13* .... 4- 2 4- "• 2 3-20 > Pet Milk 472% ■ J Pfizer 4-13 3-30 3-30 3-22 Reliable Stores Corp. (quar.) Reliance Mfg. Co., 37a% pid. 6- 1 5-15 Remington-Rand, 25c 4-25 4-16 20c (quar.) 3-26 2-23* 4- 3-15 t55c $1 4- 50c ______ 2 '• Co., ; 1st i ( Revere'Copper 4- 3 3-> Reynolds Metals 25c 4- 1 3-13 4- 1 3-13 4- 2 3- 9 4-2 3- 9 4- 2 3- 9 $1.1272 4- 2 3- 9 50c 4-23 4- 2 4- 2 3-15 $3.50 4- 2 3-26 50c 4- 2 3- $1.50 4-13 3-21 25c 4- 1 4- 1 3-12 8772C 3-30 3-15 4- 35c 2nd pfd. (quar.) 2nd pfd. (quar.)_______ (P. 1 6-15 Rochester-American 472% 7- 1 6-15 Rockwood 10- 1 9-14 57o 1-2-52 12-14 5% 5% 3- 2 3- 2 4- 3-15 Co.— 6272c 80c 3-26 3- 5 2' 47 3/lOc 3-26 3- 5 (resumed) com, 2 Participation preferred (irreg.) PhilcQ Corp., 3%% pfd. A (quar.) Philip Morris & Co., common (quar.) *»Stock dividend 4- 933/4C 1 3-15 75c __ 4-16 4- 2 5% . (quar.) 4-30 4- 2 5- 1 5- 1 4-16 4- 2 3-12 3-26 3-15 $1 (quar.) Insurance (quar.)_. Pickering Lumber Corp, (irreg.) Pierce Governor Co. (quar.) ! Pillsbury Mills, Inc., $4 pfd. (quar.) Piper Airdraft Corp., k%% pfd. (accum.)__ Pitney-Botves, Inc. 75c _ 65c . 25c $1 • 3-30 3-22 4-16 4- 2 117.C 4-16 3-30 537sC 4- 3-20 ' 414 7o convertible 472% preferred preferred B (quar.) (quar.)__ 53 7ac _ 4 2 2 3-20 Pittsburgh, Fort Wayne & Chicago Ry. Co.— Common (quar.) $1.75 4- 2 3- 9 $1.75 4- 3 3- 9 35c 4- 2 3- 9 ' 71 preferred (quar.) Pittsburgh Plate Glass Co. Pittsburgh Steel— 17c arrears _L preferred for class redemption plus this Planters ^ Plough, Nut Inc. & B—This on June issue 1 at Pollock's, Pond Creek Pocahontas 15C 20c Co.— Class A Electric SI. Co. (quar.). — 4- 2 3-12 Russell 4- 1 3-15 4- 2 3-15 4-10 3-29 4- 1 3-19 4- 2 3- 9 9 Stock Russell 'f dividend 4- 1 2 2 3-15 $2.46 3-26 3- 4- 3-23 4- 2 2 1st preferred $6 2* 3-15 4- 2 3- 9 t3c 4" 2 3- 2 4- 2 3-26 $1 4- 2 3-26 5% 3-30 3-20 45c 4-15 3-31 5% St. preferred preferred Paul Fire Quarterly 3-10 7- 1 6-10 15c 4- 2 3-20 4- 2 3-20 $1.13 4- 1 4- : 4- 2 4- 2 3-21 23c 3-27 '3-21 45c 3-28 $1.75 $1.75 $1.75 $1.75 $1.75 $1.75 — redeemable series B J50c 4- 2 J5674C 4- 2 15c 4- 2 3-21 5c 4- 2 3-21 t2c 4-16 3-31 4-16 3-31 75c 3-30 (quar.)_ (quar.) pfd. (Boston) 5-25 • _______ Extra Oil Co. (quar.) _; Shellmar Products Corp. Sheraton Corp. America $1.25 of 3-15 5- 1 *4-13 31 Vac 4- 2 3-16 5- 1 t$1.75 3-15 Sicks 4- 2 3-12 Sick's 4- 2 Seattle Brewing & Malting 4- 3 3-12 Silverwocd 4-2 -3-12 4- 1 3-20* 4- 1 •3-20* 3 4- 1 7- 3-15 (quar.) preferied (quar.) Dairies, Ltd.-; 5% 5c 2.1272 Iron & C.) Smith (A. & Corona 2 3-16 Solar 4- 2 3-16 Sonotone t50c 4- 1 3-15 t50c 4- 1 3-15 Sorg Paper Co., common 572% preferred (quar.)___ *50c t20c 4- 1 3-20 South _ 3-31 3-15 — Co. 4% Corp., convertible preferred preferred t75c 4-30 4-30 3-31 1272C 4-10 3-29 15c 4-14 3-31 , —1 South Penn 3-15 South Pittsburgh Water, 47*% 3-15 South Porto Co., 3- 2 3-30 3- 2 3-26 3-15 4- 1 3-15 $1.37 (quar.) 3-15 4- 2 4- 2 3-15 Southeastern Public 4- 2 3-15 Southeastern Telephone 4- 1 3-16 Southern 15c 4- 2 4- 2 3-16 4- 2 •3-16 50c 3-28 $1.12 72 pfd. 3- 5 common 3- 5 Southern 6 3-15 4- 6 3-15 Lumber Mills 3-30 Southern 4-14 3-30 Southern Franklin 4-16 3-29 partic. 7% (quar.) preferred preferred (Durham, (quar.) N. 3-20 30c 4- 2 3-20 t25c 3-31 3-14 Southern 3-31 3-14 Indiana Southern 5% Railway and Southwest $6 4-16 5 t50c U83/4C 4- 2 3-15 4-25 4- 3 4-25 4- 3 4- 4-25 2 3 4- 3 75c 4- 3-31 3-15* 3-31 3-15* 3-21 Gas (quar.) A Gas & Electric 9-14 8-15 $2 4- 1 3-15 $1.50 4- 1 3-20 2 3-15 Co.— 4- $1.25 - 3-15 3-16 4- 3rl5 4- 10c $2.50 —- 2 3-26 $1.1674 2 Fire & Marine Ins. 1 9-10 9- 1 12-10 12- 1 9 (Mass.) — 50c (quar.) & Sons (quar.) series A (quar.) Company Squibb (E. R.) $4 preferred $4 preferred 6- 1 Stadacona 1 Standard-Coosa-Thatcher 1 Standard Mines, Factors preferred Fire 3-14 5- 1 4-16 $1 5- 1 4-16 t3c —I (increased) — 4- (quar.) — 75c • 3-20 2 3-30 772c 18%c J.) 3-21 4-18 25c (qu ar. I com. (quar.)_— (N. Insurance 3- 3-31 $1 ' Ltd Corp., 4-2 35c Quarterly Standard 6- 8c 7c Springfield D 6-10 7c —_— — 9- 4-10 5-15 $1.25 Common 12- 4-17 6-15 (s-a)__ Common 75c 75c 3-20 $1.25 Spokane Portland Cement 9-15 Co.— 4-14 Co.— 12-15 6-15 3-10 1 4-16 5- :—-— ctfs Stock Trust preferred (quar.) 4.65% preferred (quar.)___^ Sovereign Investors (quar.) Spokane International RR. Co—.u Square $1.25 $1.25 $1.25 3-30 45c $1.20 57® 4- 3-15 Co. Ohio preferred 3-15 4-10 3772C Natural Southwestern 3-20 3-31 Co.— preferred (quar.) preferred (quar.)__ non-cum. Mobile Electric & (quar.) non-cum. 5 7® Gas 3-27 50c C.)__ 10 „ 4-16 preferred (quar.) Southern New England Telephone Co. (quar.) $5 (quar.l.——-—— 4-20 (quar.) Common t$1.50 t60c (quar. I 5 3- 5-15 (quar.)_^— Process, com. Common (quar.) 5 3-31 t40c 4.807® $1.25 (quar.) 3-16 3- $1.75 Insurance Fire 3-31 t$1.50 3-29 Ltd.— Marine; Insurance 6% 3-20 $1 3-16 3-31 common- 3-12 1 3-31 27c Ltd., Co., 2 4- 3-20 3-20 4- 50c 2 $2.50 3-13 1 3-31 J (quar.) 4- 3-21 3-28 2 Edison— 4-16 1 3-14 25c 4- 4- 2 10c (quar.) & Paper Power 4-14 (quar.)_. Co., Canada 1772C 3-21 4- 127aC California 3-20 1 3-14 ' participation preferred 4.32% preferred (quar.) 2 4- 2 20c (quar.)_— (quar.) 5% 4- • 4- 4- t25c Co. Co. Extra 2 4- 3-14 3-14 4-16 $1 <quar.)_ common ' 4- 2 3-16 50c Service Advance Bag 1 6272C (quar.)__ Sugar 3-31 3-21 3-30 preferred (quar.) Southam Co., Ltd. (quar.) 4- 4-14 4- 8c :—- com. — 3-20 Co. 3-31 5772C 2 Rico 4- 3-19 31 Tic (quar.) 2 Oil 1 $1 (quar.)_— (quar.) A (quar.)__ preferred 2 — — Electric & Gas, Carolina 3-15 5- 25c pfd. 4- 25c 60c $1 9-10* 12-10* 3-30 — Corp., common 183/4C —— 9-20 3-30 (quar.)—__________ 4- Inc.— 3 12-20 10c American Southern common..—... 6-11* 40c $1.75 — 6-20 50c 3-16 2 5% 4-10 4- t50c 4- Aircraft 4.60 7® 3-15 4-16 25c (quar.)_ 50c pld, (quar.)_ (quar.) 1 53c Inc.. Corp Smith, Kline & French Laboratories Smith (Howard) Paper Mills, Ltd.— Common (increased quar.)_^._ 47® preferred (quar.) 8ociety B'-and Clothes, Inc. 8%c 50c $1.75 $1.127a 30c 1 5- 75c Typewriters, 3-15 3-28 3-15 4- 75c 4-20 (quar.)_______ 1 t45c j__— 3-20 (quar.)— __— 2-28 4- Co.— Quarterly 1 $1.25 $1.25 $1.25 50c 25c 30c $1.50 $6 2-28 $1.25 O.) 4-16 2 4-2 _— Quarterly 2 20c $1.1272 4- 1 75c Steel 3-30 (quar.)_ 2-28 $1.25 Quarterly (L. Y.)— 2 _________ — Smith 4-20 3-20 4- t$1.25 Company, Ltd., common (quar.)_ preferred (quar.)_ 6-15 1 3-31 tl5c (N.) 3-15 5- 3- 3-16 • ________ Slater 9-15 9-15 3-31 — (quar.)_ prior 1 6-15 9 t30c Rayon Corp.— preferred (quar.) preferred A (quar.) 5% 1 1 3• Skenandoa 1 1 4-10 1 3-30 tlOc 4- 7- - 35c Co. (quar.) Dairies, Ltd., class A (quar.)____ 10- 10- 3-16 15c quar.)_ Common preferred 2 1 (quar.)__ preferred (quar.) Sherwin-Williams Co. of Canada, Ltd.— 5% 1- 4- 50c convertible Silverwood Western 1- 2 1 t25C (increased 3-26 3-25 3-16 4-16 . f — (quar.) Optical Co. (quar.) Breweries, Ltd. (quar.) 5-10 3-13 3-30 tic redeemable series A preferred 77® 1 3-20 75c Sheep Creek Gold Mines, Ltd. (quar.) Shell 4- 130c (quar.) Extra ! - 3-12 10c 50c Shuron 4-25 1 y 2-20 3-21 $1.1272 6-15 6- 2-20 1 3-30 $1.25 3-15 3- — & 6-10 1 Louis^— . 2 50c preferred 3-10 1 4- ; 2 Louis, San Francisco Ry.— 57® 1 7- —_ 7- Rocky Mountain & Pacific Co.— preferred 4- $1.25 St. of 4- 2 Common St. 15C 15c 3l7»c Co. 3-13 4- Louis National Louis ____ 3174C 3- 3-10 preferred (quar.) ______ Stockyards Co.—• St. St. 5% 772c 2nd 9 i— Joseph Light & Power Co. preferred A (quar.): St. Lawrence Corp., Ltd.. $2 1st pfd. 75c 2nd preferred (quar.) 3-15 3- 1 3-10 57® Paper 3-30 2 2 (quar.). ————5% pfd. (called for redemption on April 1 at $112.50 per shr. plus this dividend) Lawrence 9 75c 4- (quar.)—iur?;— Safety Car Heating & Lighting Co., Quarterly Manistee 1 3- 4- 2 — Inc., 3- 4- 4- '7%*- preferred Safeway Stores, 4% preferred 5 3-30 5- — Ltd., 4- 15c 4- t Industries. 3-22 50c (quar.) preferred Shawmut Association 2* 4- common..., 472 7® 4-25 (quar.) $4.50 Inc., 4% 3-20 30c common Company 3-22 30c (quar.) _— (Jacob), (F. C.) 4-10 75c Royal Typewriter Co.. common 7% preferred ■(quar.)_s Ruppert 3-22 33%C Steel Corp. (quar.)_i Shawinigan Water & Power Co 3-22 & (quar.) 4-10 Shaler 2 non-cum. Oil 3-22 33 %C (quar.)—__— Servel, 4- preferred — Refining Corp.— 67® conv. preferred (quar.)—. Rothmoor Corporation, tcommon (quar.).;— St. 10c (quar.) rion-cum. partic. pfd. (quar.) Portis Style Industries (irreg.) General 4- 50c 41 Portland 6- U772C (quar.) Porcupine Reef Gold Mines, Ltd. • interim) Port Huron Sulphite & Paper Co.— Common 6 7o Roosevelt 3-22 4-10 8% preferred Inc.. 12-14 4-10 65c Co.. class B (quar.) Shamrock Oil & Gas Corp. (increased quar.) Shareholders Trust (Boston) (irreg.) 3 3-15 3-16 (quar.) Corp.i 12-27 45c 15c 3- 2 3- A(quar.)__ Hotel, $1.25 — 4- $1.1272 (quar.)_ convertible (quar.) 25c — 50c (quar.)_ pfd. 3-16 -> $140 (quar.)__ Scale, Ltd., 7% Inc. (quar.)_ 2 per dividend Chocolate 4- called $120 Plymouth Oil Co. (quar.) Pneumatic 4% Roosevelt (quar.) A preferred (quar.)_. 3-30 3-31 preference (quar.)— Pendleton, Inc., — Cable Rome 3-16 9-17 (quar.) 5 7® preferred A (quar.) Seismograph Service Corp 3-15 3-16 9-27 Seiberling Rubber Co. 472% prior preferred 3-15 3-26 prior & 3-19 $1.25 (quar.) common 57® 9 St. $25.6272 share 3- Company— preferred preferred Saginaw & 57c preferred class A—This payment clears all .f (increased) 3-15 3 30c 40c 8772C 25c $1.12Vi tl5c t27c t28c — & 2 3-27 A 50c $1.25 (N. common 4- 9 6-15 93%c (quar.) Co. 3- 3-19 (quar.) Investment 4-12 Ltd.—— Ltd. Insurance preferred Roeser 4-16 9772C 1 4- New $1.25 Co.. Co., & 1 2 3-27 19c — Rochester Telephone Corp., 3-16 3-31 Mfg. L.) Quarterly 9-14 1 3-31 4- preferred 50c —1 preferred A 4- 4- Sharon (accum.) 9 6-26 Sharp & Dohme, Inc (increased),. (reduced)— B Little 12-14 4-16 Ltd.— Mills, Robinson, 9 25c Phoenix Silk 3- 3772c (quar.) common (quar.) preferred Class 5% Securities Solvay A 5-14 $1.25 (quar.) 9 -• class participating class 4- $1 : 4% $2 3-16 1 5-25 Co.— 1 10- $1 Philadelphia Suburban Transportation ■ Riverside ' (quar.) preferred Cement participating $1 non-cum. 3.901 5 7® $1 non-cum. preferred Company, Inc., common preferred (quar.) 1 : preferred 2 —— Ritter 5-14 6- $1.25 — (quar.) 1 (quar.) —r Products—— 1 1-2-52 $1.1272 (quar.) 57o Brothers Metal 3- 6- (quar.)__ preferred (quar.) Acceptance Corp., common 3-15 — Rieke 4-17* 2 $1 convertible 3- : (quar.)— preferred Co. 3- * (quar.)—. common 7- $1.12 7a 2 3-12 40c (quar.) 1 4- ___: A common 1 (quar.) Inc., & Co., 1 (quar.) 2nd preferred Riverside Gas 2 (quar.) 2nd preferred Robertson $1.1272 5- 2 3-30 $1.25 $1.183/4 12c — (quar.) 4- _ pfd. Philadelphia Transportation, preferred preferred Richman Roebuck 4- - (quar.) (quar.) 1st 4- $1.25 preferred common 1st Rich's Sears, 81oss-Sheftield 77® 3-16 2 5-31 4- 90c 2nd preferred $1.25 (quar.) 4-14 1 4- (initial)—— Paper..Co. 1st'preferred 7% 3-12 $1.1272 5- 4- (quar.) 77® Company $4 r • 77® 3-15 5 3-15 Rice-Stix,' Inc.— 3%% j. ______ 3-31 60c Tobacco, 4.507® pfd. (quar.) J.) preferred Rhinelander 3-15 $1.25 ________ 2nd pref. (R. 3.607c 9 50c — common preferred 7% 3-31 50C non-cum. $1 t Reynolds 3-26 52c (quar.) (quar.)___ ^ Philadelphia Electric Co., Co., convertible preferred preferred A 87V2C 933/4C Brass —x— & 77o $4 ' 572% 3- 27c 6% prior preference A (quar.) Republic Supply Co. of California $1.1272 $4 » Fund, Inc. 3-15 7 1 25c (quar.) (quar.) 40c (quar.) $4.50" 1st preferred (quar.)___ $4.50 1st preferred (quar.) $4.50 1st preferred (quar.) $4 non-cum. 2nd pfd. (quar.) i A 3-23 v 4- 3-30 25c 75c $1.50 ' 35c 50c 25c $1.3772 3-20 3-13 $4 Republic Pictures Corp., $1 conv. pfd. (quar.) Republic Steel Corp., common (quar.). 3-19 2 3-30 $3 4c Philadelphia Dairy Products Co. $4150 t25c t37V2c 5c (quar.) 50c (quar.) & t2c common 3-20 _ common preferred 4-17* 5- 83 %C (quar.)__ Finance, common (quar.) $2.60 preferred (quar.)— $1.35 preferred (quar.) $1.35 preferred B (quar.) Seagrave Corp. (quar.) 57® (quar.)^ r ______ preferred 2-28 Securities Textiles, Ltd., class A (quar.) Renold-Covcntry, Ltd., class A (quar.),. « preferred Inc., 1 $1.12 7a pfd. Common — 2 c $1.15 Co. non-cum. 3-20 3-13 Renfrew ' (quar.) 5 7® 2 3-30 2-15 (quar.). 3-28 common 4- 25c Inc. 7-18 5- $1.0772 preferred Co 4- ■ non-cum. (irreg.)——— 4- 272C 62 V2 (quar.) 5 7® Republic Investors 3r30 1272C Philadelphia & Reading Coal & Iron Co.l Philadelphia Co., $5 preferred (quar.) ' V $4.50 Bit $1.25 com. 2 3-15 1 4- 5c ____ 3- 4-10 . Class iquar.)____ 372% preferred ^ Roller Reeves"Brothers, ' i- ' Reda 3-19 3-15 4-18 1 9174C (quar.) 3-31 3-31 (quar.)__ 1 8- Co.— non-cum. *472% 43A7c preferred A Pump Co. (irreg.) 3-28 3-19 5- 27 ViC quar.) non-cum. Inc. 3-29 RR. 57® — (quar.) 10c - (quar.) (Charles) Hosiery Mills, preferred A prior 15c _____ peoples Drug Stores (quar.) Peoples Gas Light & Coke Co. - Silk 57<> 3-20 50c preferred Line (increased 5 7® Seattle (quar.) Co., 3aA7c pfd. Red'Owl Stores, Co.—- preferred (quar.) '.Penobscct Chemical Fibre Co., 1 -7% 1st preferred (s-a)_ ; --,. 3 15c 2 35c $1.50 A 4- 2772C 3.357® 2 8772c preferred $1.50 $5 4 1st Co., 3- — class A Air Common of America— Reed Corp.— preferred (quar.) Pennsylvania Water & Power Co.— Common • Real 3-20 •' 1 series Seaboard 35c : — 3-20 $1.18% (quar.) 3- 50c Purina (quar.) Rayonier, Inc., $2 preferred (quar.)— Raytheon Mfg. Co., $2.40 conv. pfd. (quar.)_ Reading Company, 4 7«> 2nd pfd. (quar;)— 3-19 Electric Common 3-31 — (Canada) 3 3 Seaboard (s-a) 3-22 4- $1 $1.75 (quar.)_ 3-16 4- $1.0674 (quar.) 3-31 — Bearings 2 3-27 4-16 85c 35c $1.02 — Corp. 4- 25c (quar.) 40c- (quar.)_ 3-30 : 3-15 Candy Co.——_—— Market Cold Storage & Warehouse M. 50c Co., common preferred (quar.) preferred (quar.) Scranton 3-15 2 < Telephone Corp., class 3-14 Mtg. ——— 25c (quar.)_ 2 (initial) 2772c ' 4- 2Vs.7o (Pa.) 3-17 1 (quar.) com. (quar.) Cummins Co.-' preferred $4.50 Ltd Ltd. Co., Ralston 3-15 4-16 $2.10 ■i & 5 (see George Co. 2 (quar.) (quar.)___ 3.65% com.) Anne $3.50 Pennsylvania Telephone ! > , R. 3- 3-10 4- 4- Scruggs-Vandervoort-Barney, Inc.— $1.25 15c (quar.) Mines, Quincy Mining Co. 3-15 4-16 (quar.) Railroad 2 3-26 4- stock Extra 8 4-14 tne preferred Semi-annual 3-15 3- $1.10 _____; preferred Pennsylvania 2 1 $4 3-20 (quar.) (Boston) common preierred 4- 3-27 Company, preferred Sccvill 67® Manitou $1.1272 (iiTeg.)_.:_> Ltd.—. preferred 6 7c & — Quebec 4- 3-15 2 2 75c preferred A (quar.) preferred A (quar.) Co.— $3.40 6 2 (quar.) on Quarterly 3-12 : 4- common— common $3.50 Fund Quaker Oats Co., 3-15 50c • 7a %' 9 2 5-15 4- 3- 2 3-16 4- $1.25 preferred 5 72 7® Fund) 4- 75c (quar.)_ preferred Mills. 3-31 $1.75 of Quaker City Fire & Marine Ins. 3-19 50c ____ Pennsylvania Power & Light, 4.(507c pfd. (stocn div. share a (George) Putnam 4-18 3772c pfd. Pennsylvania Glass Sand Corp., . 3-21 Flour Radio (resumed))- (quar.) preferred 3-31 $1 Chemical 5 7c Putnam 35c Corp. Pipe Line Pictures Purity 3-21 15c _ Co., common___ 5% conv. preferred (quar.) Parmelee Transportation Co. (resumed) I Peninsular Telephone Co. (quar.L.*— Penney (J. C.)- Company ____ I 3-16 2 4- 2-28 4-16 4- Oil Co., 5 7o preferied (quar.) Purex Corp., Ltd. (quar.)— 3-26 $1.127a : Co. Eastern Industries l/40th of 4- __ (quar.) Car orig. 3-16 15c (quar.) Motor 77c 2 t$l ; _______ Tin •: Corp., 4- + 3-21 3-28 : 20c (Ed.) preferred 57a 7® 1 4-16 50c $1.10 (quar.) Scott Paper / Pure 3- 3-30 f20c — 5-15 1 3-23* 4 (quar.), 1 5- 4-16 $1.25 (quar.) 6- __ (quar.) $2 15c Y.)— (N. Co. Gas Puget Sound Pulp & Timber Co. 3-31 3-15 6-15 $1 3-14 Puoiicker — Consolidated Pacific-Western Oil Corp., . & common preferred Publication 2 3-30 1 $1.16 74 3-30 f $1.25 - 4- 7-14 4- t7c (quar.) Inc. 4.30 7® Oklahoma— Electric preference 25c Light C&7fiquar.^ji-j^il preferred of 3-15 ___. _________ __ 6 7c 4.087c 50c Public Service Co. (quar.)_ull:_f^2u Pacific Telephone & Telegraph Co.— Common (quar.) •i 3-31 Service $2 (quar.)__ <fc 4-10 60c Pacific Power $1.40 Pubiic 9 Co. 3-15 ____ Gas Pacific 2-22 $1 _ t 2 20c & Electric Co. (quar.) Pacific Indemnity Co. (quar.)___ Pacific Intermountain Express Co.__ Pacific Lighting, $4.40 preferred (quar.)___ $4.50 preferred (quar.)i,iu_, ; 3- 4- 30c common. 434% t4c (quar.) preferred (quar.)— 50c Pacific Can Co; (increased) i 3-26 25c (quar.) 3-15 preferred 3- _ Brewing Co. (quar.) _) Pacific American Investors, Inc. $1.50 preference (quar.) . 4.65 7c 25c Products, Ltd., preferred 47c 3-22 5674C Pabst , 3-15 3-10 2 2 (quar.)_ (quar.) 2 50c 2 .* Oswego-Falls Corp., 47a% pfd. Pabco Products, Inc., common 4% Co. 4- (quar.). preferred Trust 3-31 (quar.) (quar.) 4- 35c Bank & 4- { A Ontario Loan & Debenture Co. Ontario -k 2 2 4- 50c _ common preferred 4- 35c quar.) class 4 7»7® (quar.) Service 4- t25c (quar.)__ A B Omar, 8% (increased Filters, .(irreg.) Inc., common Pub.ic $2 (quar.) preferred United Class 1 Co. 3-15 12c $1.10 America Carbon 2 56Vic A Corp. Washington Insurance Co.— National 25c __ (quar.)_^.._ 4- Quarterly f25c (quar.)_ (quar.) Schuster Co.— 3772c Co. Co. & Industries, Oliver » Ins. Ribbon Gas Common 3-22 33%c 15c A Schick, 3-20 Schwitzer 977ac preferied 3- 3-20 Ltd.— Providence Providence Co.. Inc., $2.25 ' Old Service Co., 3-31 4-16 75c 3-12 (quar.)_______ Ohio • Oar series Electric Co. (quar.) Savannah & Atlanta Ry. Co., 57® pfd. (quar.) Savannah Sugar Refining 4-16 Dome preferred Sangamo f75c convertible East 1st t35c —_— 1 Co.— (quar.) preferred 6 Payable of Rec. Regis Paper Co. 4.40 7® 25c Inc. (irreg.) Company 4- (quar.)_ preferred 4.401- 6 (quar.)— 3-22 Ga.) 3.90% • 6 3- (quar.)_ com. 1 Nova • 3- 1 4- Share San Antonio Gold Mines, Ltd San Jose Water Works, common t$1.50 Ltd., preferred 35c ______ 3-31 45c (quar.) partic. 4- Public A 3-15 22Vic Power Lambert, Preston Co. series 3-31 Co., com. (quar.)__ (quar.)__—— preferred 93%c 50c Pharmacal 4V2i' 31 Vic (quar.)_ preferred Steel 3-15 of Company Holders When Per Name 3-15 2 4- — preferred A (quar.)— Mines, Ltd. (s-a) Procter & Gamble Co.; 8% pfd. (quar.)— Prophet (Fred B.) Company (reduced) Proprietary Mines, Ltd Prosperity Co., 5% preferred (quar.) Quarterly ' ; & 4!/27c 3%%' preferred (quar.)_______, Northwestern Leather Co. (quav.) Northwestern States Portland Cement < 1st non-cum. 3-30 62y2c of Canada, Corp. 4- Northern • Electric preferred Holders St. 25c (quar.) 5 7c When Payable of Rec. — (increased) 75c $1 7% Power Share (Pa.) Inc. Transit Co., 3.607c 7 Co., preferred 20c (quarj (quar.)_ Co.___« Ltd., 3-30 Company K.) Common Potomac _______ Refiactories Gas Star (H. Portland • Rayon Corp., $3 pfd. North . 3-31 Porter 2 51 , (quar.) North American Co. North American ; 3- 410c I 3-31 American Acceptance— Class. A i Name cf Payable of Rec. flOc Special i per Holders When Per Name of Company Normetal 51 (1319) 1 3-26 3-30 3-26 4-23 4-16 'A . The Commercial and Financial Chronicle Per Name Standard $3 . Share of Company Fruit & Steamship Corp., participating Participating Standard Fuel preferred Holding Co. (Ohio) preferred Standard Street 'n Stedman Preference 1 3- 1 5- 4-10 3-21 5- preferred 3-29 3-19 4-16 3-31 44- 1 3-15 5- 1 4- 5- Co., preferred Stokely-Van 1 6 4- 3-16 10c 4-10 3-31 4-10 .(incrd. 4- 2 3-21 4- 2 3-15 7- 2 7 3-16 4-10 3-20 25c 4- 1 3-30 3- 6 3- 6 4- 2 Inc., com. (quar.) preference (quar.) Shop, Inc, (quar.) 4- 2 3-24 42:?4C 4- 1 & Rubber Investment Mfg. 4% 4- 2 3-31 50c 4- 1 12'Ac 4-30 Co. Co. 3-30 3-14 4-14 4- 4- 2 3-15 25c 4-2 3-9 120c 5-1 4-6 ______ preferred Fruit (quar.) Studebaker Spring Corp. pfd. Corp —__ (increased). Suburban Propane Gas Corp., 5% Sullivan Sun Consolidated Chemical 54.50 Sun Life Corp. Sunshine Sutherland 414% 2 4- 1 3-16 (increased) 30c 3-30 4 16 United Industrial Non-cum. N. United Paramount J Quarterly Sytvania Electric Products, Inc., Svlvanite 1 Common 3-31 3- 2 Certificates 4-15 3-31 5- 3-31 Gold United 7- 1 6- 1 U. 10- 1 11-30 4- 2 3-20 2 Ltd. (s-ai _ $4c 7- 3 3 5-11 (James), Inc., common preferred (quar.) 4V2 % 20c 4- 1 4- 1 U. 4- 2 3- J 5c preference 4- 2 3- 9 $50c (quar.) 4- 2 3- Taylor Instrument Taylor, Wharton Cos. Iron (increased): & Steel 9 35c 4.60% preferred preferred (quar.) 6% Fund, 2nd Corp. preferred Electric pfd. $1.16 4- 2 3- 9 4- 2 3- 9 $1.50 pfd. (quar.) (quar.) (quar. )__„— Utilities Co. (quar.) Common $1.25 5% Thrift ' Canners, Tip Top Tailors, new common 4-10 1 Co. Co., 3-30 3-16 4-10 3-20 4-20 3-30 4-20 3-30 4- 2 3-15 4- 2 3-15 30c 4- 2 3-20 62'/2c 5-1 4-3 37'/2c 5-1 4-3 25c 4- 6 3-19 3-30 3-16 50c 4-1G $1 4-2 2-9 4- 2 4- 2 3- 4- 2 3-17 4- 2 4- 1 6 3-20* 4- 6 3-20* 4- 2 1 3-22 4- 1 3-22 3-30 3-22 3-31 3-15 (N. " $1.12V2 , 3-30 3-20 $1.60 3-30 Co., 4'/2% Y.) (quar.) 60c 3-31 3-16 3-31 3-16 "$1 (quar.) 4-2 3-3 4- 2 S. Plywood Corp., Co. $1.25 U. S. common 31'Ac (initial)__ Ltd., A (s-a)__— 4- 2 3-16* $20c 4- 2 3-31 3-10 $1,061/4 3-31 3-10 25c 4- 2 $25c 8% (quar.) Toronto General Irob Works, Ltd., common (increased quar.) (quar.')_ S. Trust Co (N. _T A (quar.) Corp., Ltd. 7Cc convertible United Stores 3-14 3-15 $$1.75 4- 2 3-14 25c 3-30 3-14 preferred (quar.). 4.20% preferred series B (quar.)__—-— $1.12Vi 3-16 3-16 $1.02Vi 4-16 4-16 4-16 $1.50 4- 2 3-15 Kootenay 7% Power preferred „ (quar.)_______ 1 Light— & convertible (quar.)__. — 4 Steel Foundry Power Co _______ Co. Vi % preferred series C West Texas Utilities Co., $6 pfd. West Virginia Pulp & West Virginia Water (quar.) 3-15 4- 1 4- 1 3-15 3-15 s-a)—— $1.60 4- 2 3-23 —_—__ preferred (quar.) $4.50 preferred (quar.) Assurance ; 4- 2 —$1.25 $1.12Vi +25c 6- 1 Co.— Paper Casualty & Surety (quar.)_____—- 50c (quar.)_____— 40c 4-12 4-12 3-30 4 3-23 4- 62'/2c pfd. 2 3-15 6-11 5-21 $1.75 (quar.) 5-20 5- 7-31 $2 (initial) com. $3.50 4.» 11- 1 4-16 Electric Co., Insurance Securities $2.50 class A ; 3-20 4- 6 75c Inc.______—______ Grocers, Ltd., class A preferred (quar.)_____ (quar.)__:— . 3-30 3-21 $50c 4-15 4-15 3-15 3-15 +35c Co.— (accum.)______— Life $1 (quar.)_ Ins. Co. (Helena, Mont,) 1 4-20 $1.50 4- 2 3-20 30c preferred 6-15 5- — 6- 7 30c 9-15 9- 7 Corp.,- com— 50c $1.25 $1.25. 4-16 4- 2 7- 2 3-29 3-15 6-14 Telegraph Co., class A (irreg.) 50c 4-16 3-23 3c 3-15 3- 9 $25c. 4-2 3-9 Common —___— Tablet & Statienery 5% preferred (qurr.)— 5% preferred (quar.»__ Western Union Weston (quar.)__——_ (George), Ltd $5 Shoe prior Mfg. (quar.)_ Co. 50c 75c $1.25 (quar.)_ preferred Electric 6% Co., Wieboldt 4- 2 & 3-15 3-30 3- 10c 4-14 3-20 17'Ac 4-14 3-20 9 & 4'/2% 25c 3-16 3-30 3-16 30c Sl.OGVA 75c 4- 1 4- 1 4- 1 3-20 3-20 3-20 $1.12Vi 4- 1 3-23 $30c ——_ (quar.) Company, $4.25 preferred 4-2 3-1 $1.06'/4 (quar.)_ 1 3-19 4- 2 3-16 4-16 3- 5 4- Grocery preferred 56V4c (quar.) A Winnipeg Electric Co. (irreg ) Winsted 3-30 30c quar.)— (increased Lovett 3-17 3-28 — (quar.)______ Willys-Overland Motors, Inc.— $4.50 convertible preferred A Wilson - 4- 1 4-20 (quar,)__. common Stores, Inc., common Wilsil, Ltd. 3-15 3-9 3- 9 4- 17c prefeired (quar.) preferred (quar.) 6% 1 4-2 4- 2 50c (quar.) preferred A___—_—______ 6 $17Vic (quar.)__ common 4-30 3-30 Stoies Western 6% • Department Western $1.40 — —_ (increased Co. Western Canada Breweries, Ltd Western 50c 3-16 Service $5 Western $1.05 (quar.)_ $4.25 $50c — Hosiery Co., common (quar.) inc., 4% pfd. $1.50 (quar.) 8- 1 7-16 $2.50 11- 1 10-15 Wisconsin Southern Gas & Appliance Corp.— Wiser Oil Co. 50c 4-13 3-28 25c i 5- 1 $2.50 4-28 3-31 3-16 15c Cyclops Steel (quar.) 5-15 $2.50 Common Common (quar.)_„_ Extra Universal Michigan Penn Weyenberg Co. (increased) preferred Wallpaper, Universal West Wheeling Steel Corp., common Corp.— 3-31 3-16 Laboratories, Inc.— Wood preferred (quar.)__ 12Vic 5- 1 preferred (quar.) 12Vic 8- 1 7-20 convertible preferred (quar.)___ 12Vic 11- Steel Co., Petroleum Co. 5% pfd. 3-31 4- 1 3-10 4- 1 3-10 $1.25 (quar.)___ 4-16 25c 4- 1 3-15 12'/2c 3-31 3-15 $25q (quar.) 3-30 3-13 3- 8 4-20 convertible 20c • - (Alan) 3-16 25c 1— (quar.) Extra Woodley convertible 5% Universal 8% Leaf Upson Company, 4Vi% Utah Power Utica Sugar, & pfd.. (accum.) — preferred A 60c 3-19 Wool 4- 2 3-15 Wright-Hargreaves Mines, Ltd. 4- 2„ 3-15 Wrigley $1.12Vi (quar.)_ 3-16 Yale 3-23 Yankee 3-5 Yolande 15c 3-31 4-2 50c 6-10 6- 62Vic 4- 2 3-22 preferred (quar.) 62Vic 7- 2 6-22 prior preferred (quar.) 10- 1 9-20 prior preferred (quar.) 1-2-52 12-22 , conv. pfd. 62Vic 62V2c (quar.) 25c 4- Kamp's Holland Dutch Bakers, Inc.- 20c 3-30 Scivev, 5% preferred 3-31 3-15 $20c 4- 3-15 5% preferred (quar.) 3-15 5% preferred 1 preferred B A (quar.)..., 2 1 Towne & Fibre Mfg. Tile Radio Extra Co. (quar.)_ 3-20 4- 2 3-19 3-30 3-20 5c 3-15 5-1 5- 1 5-1 4-2 4-2 50c 4-30 4- 9 50c (quar.)__—____—_ Corp. 4- 2 $15c $31(40 $37(40 quar.)—_— (quar.) ' 4-30 4- 4-2 9 3-15 3- 9 •Transfer books tPayable in U. not S. closed 4-16 4- 2 4-16 4- 2 a Less 6-11 6- 1 x Less Jamaica income 9-10 9- 1 y Corrected $1.25 12-10 12- 1 ' JPayable in for Funds, less funds, $1.25 $1.25 ___< 4- 2 50c 10c , (quar.j $1.25 Vapor Heating Corp. 5% preferred (quar.) 2-23 • Co.__— Mfg. Corporation preferred Zenith 3-22 4- 2 Company Zellers, Ltd., new com. (initial 5% preferred (quar.) 6% 3- 8 4-10 $3c (reduced)— 3-28 3-23 +40c - 26c (quar.) quar.)______ (William Jr.) 4- 1 50c $1.25 (quar.)___— (quar.) Monthly 3-28 (quar.) __A__r preferred Combing Corp. of Canada, Ltd 4-14 45c Light Co 5% (quar.) 25c 4-16 25c (quai\)____ 3-15 5% Lothrop, common 1 2 $2 Co Utility Appliance Corp., $1 Van & 10-19 54- common De Woodward 1 30c (quar.) common___ preferred Utah-Idaho Manufacturing Co., Ltd. 25c common (quar.) Winding Woods $2 Tobacco, preferred 3-15 2 3-31 25c 6- Wico 35c 9314c , preferred 2 4 . undis¬ _______ 4- 2 3-30 ______ new Stockyards Corp., 4-30 +20C from 6-12 Winn Y.), Steel Van 2 3-15 " Inc 11-20 132c 1 Insurance 4- 2 3-15 50c Co. $1.75 3-15 4- 4- 1 - 35c Sugar Corp. Fund. (quar.)_ 5% 1 50c 3-15 4- 2 Snowdrift, Inc. (quar.) Indies Paper preferred 3-20 3- k West Whitaker 7% prior 3-15 Oil 4- 2 in- profits) 5c securities 1950 3-15 3-30 3-16 3-1 4-16 (quar.)______ accumulated and income tributed Wesson 3-2 4-16 4- 2 4-2 3IV4C pfd. conv. Whitehall 8-19 5% 2 4% Co., 3-16 $1.75 5% 4- & 8-31* 1 (quar.) 3-20 3-27 Weeden 11-30* 4- preferred Knitting Co., prior preferred 15c 3-20 3-16 Co. Wellington Fund, Inc.— (20c from current and 9-20 (quar.)_________ A non-cum. $10c 1 Toronto 2 (quar.) _______ (quar.) Ltd 2 4- 5- 4 3-20 3-30 25c 35c (quar.)— 12-20 7% 5% $1.75 common Brothers, 4- $15c Ltd 3-15 $1.12'A N class 3-16* preferred Fixture 75c $1.50 Corp.— preferred (quar.)__, Upressit Metal Cap, 8% 3-16* & 6-15 Steel Universal 3-28 3-7 3-16 3-16 1 4-5 4- $1.25 (quar.)_——. 5-31* 1 7% U. 3-20 6-20 10% 6-15 2 Weber Showcase $5 75c common series Rubber Co., S. 7- 75c (increased) Printing & Lithograph preferred A (quar.) 5% 3-30 22'/2c (s-a» (quar.) dividend preferred 6-25 2 pfd. Co.. Westgate Greenland Oil Co. 5% 9 Motor 3-8 Corp.— , Playing Card 3-15 4- (quar.) (quar.) Western preferred 3-15 4- 3-23 3-15- 3-20 , (quar.) S. S. 3-22 $1.75 1 31'Ac 3-10 3-23 tlOc $20c (initial quar.)— Common A Securities 4- 4- $1.37'/2 25c .1——— (quar.) & Company Co. Western (quar.) 4-16 25c Ltd. Weatherhead 3-20* $1.75 , common preferred 3-13 4- 25c (quar,)—— Pictures, Inc. Wayne Knitting Mills Western . 5 3-17 4-16 4- 1 3-30 50c (Jack) 2-9 4- (quar.)_ (quar.) (quar.) 4-10 $26c (quar.) (quar.) preferred A 1 5- 25c Co., 3-22 (quar.)_ (Bait.) (quar.) 50c Tishman Realty & Construction, Inc. Packing 7 5% Inc., Inc. Top Class 5- $4 pfd. series B (quar.) preferred (initial series). Tip 7% U. 3-26 15c — Thrifty Drug Stores, Inc., 4% % pfd. A (quar.) 4 V* % preferred B (quar.j Tooke 3-30 31'Ac _______ conv, Stores, Ltd., 5- (quar.)_ com. (quar.) International Lines United (quar.) convertible 10% $f.75 Pipe & Foundry Co. Quarterly 314 % 3-26 50c (quarterly) Markets, Timely Clothes, Tobin 3-30 57'AC ... — 5% 3-23 Watson Western 50c non-cum. 3-27 40c & — Quarterly Thorofare 2 20c preferred preferred $6 quar.) (quar.)_ Mills 4- 10c (quar.) prcicrred Gypsum S. 3-26 — . Thor Corp. 3-31 3-30 25c ___________ _ 3-10 60c S. 3-15 $1 Third Canadian General Invest. Trust, Ltd.— ■'* Class A ;; ______ _______ Thomaston 2 4-15 — (quar.)_ (quar.) Brothers Waterous, 3-12 2 A/: United (quar.) 3-31 3-15 (quar.) United preferred Carbon Co. 4- 1 32c (Rhode Island) convertible Tdermoid 5- 50c (increased Thermatomic 1st 1st U. 3-15* 1 $1.14 ___ (quar.) Inc. (New Hampshire! preferred (quar.) Textron, Inc. 4- $1.25 Textiles, Inc., common preferred (quar,) 3-9 4- $2.50 _____ 7 $1.25 (quar,)„ Light Co., $4.56 pfd. $2.30 3- 5c ___ preferred 4-2 $1.06(4 preferred Guarantee S. U. U. preferred Textron, 3-29 $1.2.5 Power & 8 2-28 common Quarterly Ry. Co.— non-cumulative 3- 20c, .-i 3-15 $1.14 (quar.)____________ 4-13 Foreign Securities Corp.— 2nd $5 3-15 3-30 $1 (increased quar.)— Preferred 8 2 (irreg.) Co., class A Stock (quar.) & 4% to 9c 10c $4 a 3 & 7% U. Chomical Corp.— Service, Pacific 8. S. U. & 3- 9 (quar.) preferred Common Texas 3- Hoc —.— ._. common preferred West Special U. 9 2 2 45c Texas $4 3- 4- (quar.)_„ Engineering k Mfg. Co. Texas 2 $1.15 ______ Texas 5% 9 (increased) Tennessee Products $4.56 3- 3-16 2 50c Guaranty preferred S. 3-9 4- ______________ Inc. & preferred Foil $6 U, Tennessee Texas 4-2 . (quar.) Technical 2 4- (quar.) (quar.)— preferred 4- Quarterly Baking Co., Ward West Finishing Co. $4.50 3-15 $1.02'A com. (quar.) 4.65% 2 $1.16'A preferred 4.64% 4-12 S1.G6'A 4.25% Telluride Power, 4- 50c 4- 4-13 4- Corp 9 40c (quar.) 4 Inc.— Publishers, Inc. (quar.) convertible 7% U. Tennessee Gas Transmission Co.. 4.10% preferred (quar.) & 3-15 $25c common Extra 8% S. S. U. Tamblyn, Ltd., 4- 50c Storage Fidelity $4 3-15 56'Ac (quar.) 4-15 Y.) (interim) (quar.) Machinery Corp., 5-11 7- (quar.)—:—_——_____ Goodernam & Worts, Ltd.— 3-15 4-10 3-30 Watcrbury-Farrell Foundry & Machine Co.— 20c Cold S. U. 3-20 14c — (N. (quar.) Class Talcott 4% S. Canal Works, 8-31 4- 62Vic A 3-16 3-15 4.10% Brooklyn Theatres, Specialties Co 7% Mines, of preferred preferred 1 1-2-52 $2.50 class "Walker (H.) Warner 3-31 interest— Printers U. & of Shoe 3- $1 — 3-24 35c (quar.) United 1 40c (quar.)__ 3-29 55c Piece Dye $4.25 4- 50c common... (quar.) Extra RR. 1 3- 40c preferred J. 1 3- 4Cc t pfd. 6 25c Co. Bank United 3- 6% Quarterly Quarterly prior $3 3-16 3-30 3-31 3-31 4-20 4-19 4-19 4- 2 4- 2 4- 2 3-26 3-14 4- 2 5-18 4- 2 ;. (quar.) 3-31 $75c (quar.) 3-30 $1.75 75c $4.50 prefeired (quar.) $1.13 Vulcan Detinning Co., 7% pfd. (quar.35c Wabash Railroad Co., common $1 4Vi% preierred (annual) $4.50 Wabasso Cotton Co., Ltd 125c Wagner Baking Corp., wmmon— — 15c 7% preferied (quar.) — $1.75 Waialua Agricultural Co., Ltd. (irreg.) 15c Waialua Sugar Co.___ — 20c Waldorf System, Inc. (quar.)___ 25c Walker & Company, common — 25c 5% Corp. participating preference 1 40c 25c common 3-14 3-30 National United Quarterly (irreg.)_ Co., Corporation, 4- 15c Molasses, Ltd., ordinary 1 1 Tool preferred Vulcan "Waukesha Shares United 4- $1.06'A 6% 6% 5 Vi % $1 20c (quar.)—. 3- 9 4-17 7-17 (quar.) 3-5 75c Quarterly United preferred 4- 2 4-30 3-23 5- 1 8- 1 pfd. 3-21 $1.75 Improvement Co, 4- Co. $1.50 25c 62Vic 37Vic 37Vic Railway, common preferred (quar.)— preferred (quar.) vestment Gas 3-20 Ltd.— 3-5 2 Corp.— ; Illuminating (quar.) Virginian 3-31 $1.12Vi Corp. United 3-21 Quarterly (quar.) Fund United Swift & Company— 84 Gas J81.?5 Corp., convertible United 3-31 (quar.) 75c (quar.) Income 3-19 87Vic preferred 4-2 Funds, Inc.— United 3- 8 3-27 75c (quar.)__: Investments, Ltd.— preferred A (quar.)___ 6% 26 AC _ 4- Fuel 28'Ac (quar.) 3-20 2-26 $1 United 3-17 50c (quar.) Paper 4- 2 3-30 America United (quar.) Petroleum preference 3-17 t75c — Mining Co. (quar.). Supertest 5% A B 2 4- — quar.) common preferred 4- $1.13 (quar.) Sunray Oil Corp., 4(A % preferred 4'/2 % 15c • (Canada) (initial 3-15 3-17 $10c Ltd... (quar.) 1 4-17 62'AC pfd. (quar.) Mines, common A Assurance common Sunbeam Gold Ccrp... preferred New (accum.) 3-8 4- 2 $1 Extra United 4- $1.25 (accum.) Co. 2 40c (irreg.) of preferred 4- 2 Virginia-Carolina Chemical Corp.— 6% preferred (accum.) . Vlchck 4-16 3-20 $2.50 $1 Dye & Chemical 7% United 3-21 15c Twist 4.50% 3-20 3-15 , (quar.) Ltd. (quar.)„ Sulphur & Oil Corp. United 1 2 (s-a) Drill 3-20 3-28 4-12 75c 44- Yards of Omaha, Ltd Biscuit 2 $1 Co Union 3-10 Siubnitz-Grecnc 37'/2c ... Co. Union United 4-16 4- 62'/2c Co. preferred 3-30 40c $i5c (irreg.) Union Pacific RR. Co., common 3-26 $1.25 37'Ac (quar.i___ Ltd.— of. Canada, 3-20 25c Camp Corp., Asbestos 3-15 1 Strawbridge & Clothier, So pfd. (quar.) Stromberg-Carlson, 4% preferred (quar.) A- ' 3-31 (quar.)_ Gas 2-28 3-31 4- 30c 43-'»Ac __ Co.. 8-10 11-10 4-14 62'/2c (quar.)__ Y.) Union 6-15 4- 25c quar.) (quar.) Refractories 8-15 11-15 35c <N. Chemical 3Vi% 5-1 4- 2 (s-a)____.——4— —$2.50 Works, com. (increased)— 50c (s-a) preferred 7% (accum.) Corp. Co. Union 3-31 15c 56c .. — r— com 25c 25c fquar.>___ Union 3-24 pfd. conv. Street Trust preference Union 4- $1.50 LaSulle Co. 3-19 5-10 4- 50c Acceptance COc 6 4-14 2 Union 3-15 3-30 5Gc (quar.) prior Fuller 1 Coach, South Udylite Corp. 3-20 87'Ac — Corp. & Fuller 1st Underwriters Twin Union Stock (quar.) Baer 208 7 35c 4»/2% Stewart-Warner 3 8- 3- 2 5-15 $1.12»/2 convertible preferred <quar.) City Rapid Transit Co., common prior preferred (quar.) 4-10 1 5 pfd,___,. (Cuba)-— - Pacific Ry.— Shreveport & Common 5% Victor ________— —«.■*■—•——_________ ______ 3-16 3-16 3-15 50c 150c —•— Virginia Iron, Coal & Coke, 4% $1.50 5% 8-15 20c _ (quar.) com. 3-23 (quar.) 5- 3-30 5c Inc., 4- 4- 2 25c Temper Twin 4 25c (quar.) _— Textiles 4-15 4- 62'/2c Corp., 4»/2% pref. (quar.) Twentieth Century-Fox film Corp.— 3-21 4-10 5-15 $20c (quar.) Stowe 3- 1 $20c (ouar.) Stern & 1 4- $20c preferred Stop 4- 65c (quar.) (A% 5% 3- 7'Ac Extra 7% 1 60c _— (Irreg. i Steiling Brewers, Inc Sterling Diug, Inc., 3(A% pfd. Sterling Electric Motors Inc.— Increased 4- 75c Engineering 3-17 $1.50 $1.25 pfd. (quar.) preferred (quar.). Corp. (quar,) Trico $10c — (quar.) Products 3-16 Trinity Universal Insurance Co. (Dallas)— Quarterly Quarterly Quarterly Common 3 20 2 $6 Products 2 4- 3-28 31'Ac Products, 3-23 12'Ac (quar.) (quar.) Ltd. (quar.) Brothers, Vlcksburg, lOc 3-23 $ 10c ...— Inc. Steel Co. of Canada Ltd. 3-20 53»/sc 3-23 12'AC A Corp. 2 — common—J Investment Quarterly Viau, Ltd. 4- (quar.) $50c Company Shake, 3-15 — $1.75 class 3-15 2 25c 1 4-14 Vertientes-Camaguey Sugar Co. 2 2 4- (quar.) 1 1 3-15 4- 4- Payable of Rec. 4-2 4- 2 4- 1 15c $1.25 $57c Verney Corn, of Canada, Ltd., 4Vi% 25c convertible preferred Radio Corp Treesweet True 3-21 J50c 4- 1 3-16 2 t50c 4- 4-13 4-2 4- Holders When Per \ Share • • Vcrney Corp., common $5 preferred (quar.) $$l,12y2 $62'/2C __ (quar.)— £.) 3-30 A- t50c — (L. 4-10 class Extra Trav-ler 3-15 50c 4(4% preferred (quar.) Trailmobile Company, common 3-30 3-30 $10c Ltd., Corp., Works 4-25 2 4- of Company 50c 75c — Common Stix, 3-30 4-10 Monday, March 26, 1951 . 1 _ Name Payable of Rec. $$1.25 25c . —— Stanley Brock. Ltd.. class B 4 4-25 93 %C Co., common (quar.)— Silica & Traders Finance Corp., Ltd., Class B ; 12 '/2C (quar.) A (accum.) Radio, B Standard Stern 4-16 (quar.) Corp. Tri-Continental, _ preferred Steel 1 5- i Ltd preferred Standard Steak Towmotor 4(4% Participating convertible Participating Standard Power & Light Corp.— State 3-17 $1.75 ——- Paving & Materials, Starrett 3-17 $1.50 —___——i_ Oil preferred Stanley 1 1 Corp.— Standard Paper Mfg. Class 4- 4- $56'Ac (quar.) Class B Standard Toronto Mortgage Co. Torrington Company Electric— & Share Toe Class A 57 3-17 12'/2C Standard 3%% 1 . 1 of Company Holders When Per Name 25c (quar.) $6 prior preferred (accum.) $7 prior preferred (accum.) 6% 4- Ltd.— Co., Gas Holders Payable of Rec. 25c com _______ redeemable preferred 4'/2% Standard When . Canadian this dividend. 15% Canadian non-residents' tax. deductible at the source. Non¬ tax resident; tax 15%; resident tax 7%. British income payment tax. tax. or holders of record dates are reported here. Number 4997 Volume 173 . . (1321) The Commercial and Financial Chronicle . 53 STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS f i ALABAMA to Mobile, Ala. , Bond Sale—The $1,610,000 street improvement, series B bonds of¬ fered on March 20—v. 173, p. 1116 were awarded to a syndicate — Co., of New York City, Watkins, Morrow & Co., of Birmingham, Leedy, Wheeler & Alleman, of Orlando, composed Shields of Sale—The Bond bonds 173, offered Chicago, as a net interest about 2.95%, as follows: price of 98.15, cost of l%s. $161,000 a Due on 1, April interest 1954. and 805,000 23/4s. Due on April 1 from 1961 Dist. Thatcher School Offering of Superintendent bonds offered 19—v. March on (EST) a price of 100.08, a cost of about 2.71%, net Due as 1968 to Sch. Dist., Lauderdale. Legality approved by Giles J. Patterson, of Patterson, and Freeman, Rich¬ ardson & Watson, of Jacksonville. County (P. O. Lauderdale), Fla. Water District building bonds system revenue bonds offered on 1008—were p. Walston, Hoffman & Goodwin, of San Francisco, at par, awarded to follows: as V: $24,000 3s. Due on March 15 from 1957 to 1968 inclusive. of $18,000 .. Due 3V4s. on March 15 from 1980 to 1991 inclusive. 3V2S. 96,000 Due Fairmead School Dist., Madera County (P. O. Madera), Calif. , County Clerk will receive sealed bids un¬ Offering Bond til 11 the The on April £ for of $52,000 school May 1, 1951. Due (PST) a.m. purchase Dated bonds. — Dated April 1 from 1951. 1, Due offered in 21 years. on 1952 to 1959 inclu¬ interest (A-O) price of at payable at the County Treasurer's office. Legality approved by Or- Union Elementary Sch. Dist., Placer County (P. Auburn), Calif. Offering Bond County macher, ceive sealed bids — L. Clerk, until O. a will 10 re¬ Sweetwater Union Dist. No. payable at the County Treasurer's office. Legality approved by Orrick, Dahlquist, Neff & ton, of San Francisco. basis Santa Bond Offering—W. High Sch. Dist King < the purchase of $835,000 school bonds. Dated May April for 9 Bond Tax Sch. a.m. County Clerk, will receive sealed (PST) on March 27 for building the of $10,000 Dated April 1, purchase bonds. (EST) p.m. City County of Honolulu, at the Chemical Bank & Trust the or Co., of New York City. Legality approved by Wood, King & Daw¬ of New York City. Robert 1952 1971 to inclusive. The maturing in 1962 to 1971 callable. Legality approved by are Chapman & Cutler, of Chicago. College Township School Toun- ship (P. O. Route 2, Cedar Rapids), la. Sale—The Bond bonds offered $376,000 school March 011 21—v. awarded ta Halsey, Stuart & Co., as l3/4s, at a price of 100.55, a basis of about 1.69%. Dated May 1, 1951. Due 173, on 1217—were p. Dec. 1 from 1952 to 1970 inclu¬ sive. Legality approved man Morgan County Sch. Dist. No. 117 by Chap¬ Cutler, of Chicago. & Hampton Ind. Sch. Dist., la. O. Jacksonville), 111. Offering—M. Bea Loomis, (P. — bonds on able at the office of the Treasurer of Bond Sale—The 44,000 Franklin School Addition Building bonds. Due on Dec. 1 from 1956 to 1964 inclusive. $225,000 build¬ ing bonds offered on March 16— v. 173, p. 1117—were awarded to the Harris Trust & Savings Bank, of Chicago, and Associates, as a price of 101.15, a basis l3/4s, at 1.61%. $146,000 Jefferson School Addition Building bonds. Due on Dec. 1 from 1955 to 1970 inclusive. approved by Wood, of New York Cambridge City Sch. Town, O. sealed bids until (PST) purchase Bond bonds Sale—The on City March 15—v. Clerk, will sewer 1952 to April $945,000 on Due on p. 905—were awarded to the National Trust & of Indianapolis. KENTUCKY , 1 Bond Offering—Mrs. Jf. B. Al¬ len, City Clerk, will receive sealed Ferguson, Ky. (CST) 1, 1951. Jan. 1 from 1952 to 1971 Jan. The certificates matur¬ — Director March 27 for the pur¬ $500,000 temporary loan Dated April 2, 1951. Due on chase of notes. on June Jackson 30, 1951. Township Sch. Township City), Ind. (P. O. Cambridge ' Clarence E. Bryant, Secretary of Board of School Trustees, will receive (CST) on Bond Offering — sealed bids until 8 p.m. April 3 for the purchase of $66,000 joint school building-1951 Dated April 1, 1951. Due bonds. semi¬ annually on July 1, 1952 to Jan. 1, 1962. Interest J-J. Legality ap¬ proved W Ross, McCord, Ice & Miller, of Indianapolis. J. Brum- that the Commissioners of Sinking Fund will receive bids until noon (CST) on sealed April 4 for the purchase of $3,500,000 bonds, as follows: $2,000,000 street and traffic im¬ provement bonds. Due on March 1 from 1952 to 1991 inclusive. bonds. March 1 from 1952 to on 1991 inclusive. M. V. Bailey, of Board of School Commissioners, will re¬ ceive sealed bids until 7:30 p.m. Offering Note ports the Due Indianapolis Sch. City, Ind. Business Offering—Ben Bond leve, Treasurer and Secretary, re¬ 1,000,000 express roadway improvement 661,000 school building improve¬ ment bonds. Due on April 1 inclusive. Dated Miller, on Dated on approved by Ross, McCord, Ice & April 1 from 1965 inclusive. , Due bonds. of receive (CST) joint bonds. sealed receive (EST) 4 for the purchase of bopds, as follows: ing in 1967 to 1971. are callable. Principal and interest (J-J) pay¬ Savings Association, of San Fran¬ able at the First National Bank, cisco, at a price of 100.45, a net Dalton, or at the Chase National 173, Bank of America will school building-1951 April 1, 1951. Due semi-annually on July 1, 1952 to Jan. 1, 1962. Interest J-J. Legality Guy Keister, until 2 p.m. certificates. $12,000 school of Trustees, 000 — E. April 3 for the purchase of $49,- Ga. Dalton, Offering on offered Secretary School of California Board Bryant, Bond Ind. Clarence — sealed bids until 8 p.m. $284,000 10 Offering Bond GEORGIA Offering—Robert M. Un- receive Los bids until 9 a.m. the of the above date. Principal and interest (A-O) pay¬ Daniel Boyd, from 1952 to 1965 inclusive. March 29 for the The bonds are dated Oct. 1,1950. $490,000 dormitory revenue, series A bonds. Dated Principal and interest (A-O) pay¬ County Clerk, will receive sealed able at the First National Bank, July 1, 1950. Due on July 1 from bids until 10:30 a.m. (PST) on 1952 to 1976 inclusive. The bonds Dalton, or at the Chase National April 3 for the purchase of $85,000 maturing on or after July 1, 1957 Bank, New York City. Legality school bonds. Dated May 1, 1951. are callable. Interest J-J. Legal¬ approved by Chapman & Cutler, Due on May 1 from 1952 to 1971 of Chicago. ity approved by Orrick, Dahlquist, inclusive. Principal and interest Neff & Herrington, of San FranAdditional Offering—Mr. Keis¬ (M-N) payable at the County ter will also sell at public auction Treasurer's office. Washington Elementary Sch. Dist., at 3 p.m. (EST) on the same day Yolo County (J. O. Woodland), $750,000 water and sewer, revenue Manhattan Beach City Sch. Dist., Fowler Union Sch. Dist., Fresno - 2 City. bids University of California (P. San Francisco), Calif. will Angeles County (P. O. Los Angeles), Calif. Bond Offering—Harold J. Ostly, office the porate Trust Dept., 7th floor, 165 Broadway, New York City, until Dawson, & visors, will receive sealed bids un¬ Herring- derhill, Secretary and Treasurer of the Regents of the University, County (P. O. Fresno), Calif. Bond Offering — J. L. Brown, at Chemical Bank & Trust Co., Cor¬ of purchase of $190,000 bonds, as fol¬ Florida 15, 1951. 1951. a (P. O. Jacksonville), 1 Offering—Marie Nasland, Clerk of Board of County Super¬ Due on April 15 from 1953 to 1971 inclu¬ sive. Principal and interest (A-O) [15, from callable. Bids will also are received be Bond til Apiril 1, 1965 (P. O. Santa Diego County (P. O. San ; (PST) on March 26 for the pur¬ chase of $73,000 school bonds. Dated April 1, April dated are Offering April 2 for the purchase of $425,000 bridge revenue bonds. Dated March 1, 1951. Due on March 1 lows: County Special Duval Diego), Calif. a.m. 100.01, ap¬ Superintendent of Board of Pub¬ Barbara), Calif. lic Instruction, will receive sealed The bonds are dated April 1, bids until 5 p.m. (CST) on March bids until 11 a.m. (EST) on April Bond Offering — J. E. Lewis, 26 for the purchase of $25,000 gas 1951. Principal and interest (J-D) 18 for the purchase of $4,000,000 County Clerk, will receive sealed payable at such a bank or trust distribution system revenue bonds. bids until 10 a.m. (PST) on April school, series B of 1949 bonds. company as may be mutually Dated April 1, 1951. Due on April 2 for the purchase of $986,000 Dated Nov. 1, 1949. Due on Nov. agreeable to the purchaser and the 1 from 1952 to 1971 inclusive. 1 from 1952 to 1969 inclusive. The school bonds. Dated May 1, 1951. District. Legality approved by Principal and interest (A-O) pay¬ bonds maturing in 1960 and there¬ Due on May 1 from 1952 to 1971 able at the Citizens National Chapman & Cutler, of Chicago. after are callable. Principal and inclusive. Principal and interest Bank, Somerset. , ' (M-N) payable at the County interest (M-N) payable at the INDIANA National City Bank, New York Treasurer's office. Louisville, Ky. San Rechen- 1951 Legality Schlampp, City Clerk will receive sealed bids until 10 a.m. (CST) on of about rick, Dahlquist, Neff & Herrington, of San Francisco. Maria School Dist., bonds The 20—v. about 1.39%. Barbara County Bond from 1951. The bonds maturing on p. sive. Principal and Santa 1 1980 inclusive. to Bond City. Legality Foresthill March on office. Burlington, la. improvement April on 1008—were awarded to the Florida National Bank, and the Secretary of Board of Education, Pierce-Carrison Corporation, both will receive sealed bids until 7:30 of Jacksonville, jointly, as 1.40s, p.m. (CST) on April 10 for the 173, Francisco. April Due ILLINOIS series refunding, highway bonds purchased by Co., of San , on March 15 from 1969 to 1979 inclusive. 55,000 was The after Nov. Chicago. 500,000 public park improvement bonds. Due on April 1 from son, Fort or proved by Chapman & Cutler, of $1,220,000 SBA Bond Sale—The Trust American the Sale—The $175,000 water 173, Marin County (P. O. San Rafael), Calif. Bond Sale—The issue 16—v. callable. Broward (P. O. Brisbane), Calif. March are 1976 inclusive. Rafael San Bond bonds All Fort Bank, from 1952 to 1961 inclusive. Brisbane County on Principal and interest (M-S) pay¬ able at the Broward National April 15 from on 1, 1951. March 1 from 1956 to 1971 inclusive. 1958 to 1967 inclusive. 19,000 23/4s. Due Dated March inclusive. on 1, 1960 are callable. Principal and payable at the City Treasurer's public 500,000 T. Spangler, March 30 for the pur¬ bonds. 1951 follows: construction bonds. Due on July 1 on 1970 to maturing inclusive. 1956 chase of $772,000 Harbor revenue- 1952 interest 1956 to 1980 inclusive. receive sealed bids until 7:30 p.m. p. Prather, receive the for bonds $700,000 flood control bonds. Due on April 1 from 1956 to 1980 Secretary and Port Manager, will school $4.9,000 will Clerk, from follows: as County Port Authority Bond Offering—R. 20,000 2V2S. Due on April 15 from CALIFORNIA 20 Glore, Forgan & Co., and Fran¬ Broward will of $50,000 school March on Chung- Wm. — Treasurer of City and County, will receive sealed bids until 9 a.m. (HST) on April 3 for the purchase of $1,700,000 bonds, FLORIDA Dist., Sacramento Sale—The 26 County) and (City Offering bonds. County (P. O. Sacramento), Calif. receive sealed bids until March 26 for the purchase $400,000 school- offered W. sealed (CST) on March purchase of $100,000 parking lot fund bonds. Dated March 1, 1951. Due on Nov. 1 City Hoon, Jr., Co., of New York —v. 173, p. 1217—were awarded City, jointly, as 1%'s, at a price of 100.04, a basis of about 1.49%. $10,000 3s. Due on April 15 from 1953 to 1957^ inclusive. Schools, Bond 1 from May on Daley, Jack — Honolulu cis I. duPont & inclusive. 1976 Pacific Sch. cisco, at (P. O. Thatcher) Arizona Bond to 2.61%, bonds la. Offering—J. bids until 5 p.m. (P. O. Fort Lauderdale), Fla. interest ■ Bond Sale—The 1950 1217—were awarded to Dean Witter & Co., of San Fran¬ ARIZONA Graham County, Due Bond HAWAII May 1 from on Chicago. March 15 in on Wilmington, Del. Trust May 1 from on of v. — 1969 inclusive. to 7,000 23/4s. 173, 1961 inclusive. 1957 to about of 15,000 2V2S. Due Bond 1956. 1955 to cost 15 March on Ames. Hawaii 1960 inclusive. 1952 to 1970 to 322,000 2V2s. Due on April 1 in price of a $18,000 2%s. Due 1952. 322,000 2s. Due on April 1 in 1953 Due DELAWARE of San 100.14 a Association, IOWA Legality City. York New Bank, as 1962 and 1963. follows: Hugo Marx & Co., of Birmingham, at National America of Savings net 20 2.65%, from 1952 to 1961 inclusive. 1217—were awarded to the p. Bank Mayes, both of Birmingham, Mc¬ Donald-Moore & Co., of Detroit, of 2%s. school $40,000 March on Francisco, at Linn, about approved by Chapman & Cutler, $10,000 Murray Sch. Dist., Alameda County (P. O. Oakland), Calif. & Shropshire & Co., of Mobile, and of 2,000 2V2S. Due & & cost follows: the payable at County Treasurer's office. (A-O) Berney Perry & Co., Hendrix & Rodman interest April 1 from 1953 Principal and on inclusive. 1957 interest ■> , Due 1951. V 500,000 1952 Due on 1991 to bonds The and parks bonds. are recreation March 1 from inclusive. dated March 1, (M-S) payable at the Chemical Bank & Trust Co., New York City. Le¬ gality approved by Mitchell & Pershing, of New York City. Additional Offering—Herman T. Meiners, Director of Works, will 1951. Principal and interest receive sealed time for the bids at the same purchase of $1,000,000 grade crossing elimination bonds. Dated April 1, 1951. Due on April 1 from 1954 to 1989 inclusive. Principal and interest (A-O) pay¬ able at the Chemical Bank & Trust Co., New gality approved Pershing, of New City. Le¬ by Mitchell & York City. York 54 (1322) " Somerset, Bond City Clerk, bids until will 7:15 North Ky. Offering—W. A. Moore, sealed receive (CST) p.m. Note 000 tional Due on inclusive. The bonds maturing on rary or 20—v. 1, 1952 or any October 1 April 1 thereafter are callable. Principal and interest (A-O) pay¬ able at the Farmers National Bank 173, the to March Rockland Trust Co., Note /■■/■" Fire Dist. No. 1 (P. O. issue of mut Protection Bank, Due Gretna), La. of Nov. on Boston, 15, March bonds offered 11A%. at 1951. 173, p. 906—were syndicate composed Hattier & Sanford, of of a White, New Orleans, John Nuveen & Co., of Chicago, Scharff & Jones, of New Orleans, Barrow, Leary & Co., of Shreveport, and Weil, Ar¬ Note Bank of March Boston, at 1.02%. 13, 1951. Due Dated Nov. on 8, 1951. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Dedham, Mass. Bond Offering—Andrew D. Gal- of Detroit, offered of about 2.05%, Due Second National Bank, of Boston, 111 Franklin Street, Boston, until 1952 to 1956 11 a.m. (EST) purchase on March 27 for 1958 to $340,000 school bonds. Dated April 1,1951. Due on April 1 from 1952 to 1968 inclu¬ sive. Principal and interest pay¬ follows: as on Dec. 15 from 1980 Flint Sch. Dist., Mich. Bond Offering—Joseph A. An¬ derson, Secretary of Board of Ed¬ ucation, will receive sealed bids building and site revenue notes was $1,000,- purchased by the Second National Bank, of Boston, at 0.95%, plus a premium of $10. Dated March 26, 1951. Due Nov. on 1951. ■. Legality ap¬ Ropes, Gray, Best, Coolidge & Rugg, of Boston. Note Sale—The issue of anticipation notes $500,000 was pur¬ chased by the National Shawmut Bank of Boston, at 0.98%. Dated March 15, 1951^ 1951. Legality Storey, Due on Nov. approved Thorndike, 15, by Palmer & Dodge, of Boston. Bond (EST) bids until 11 June 1 from 1953 to Due 1963 on in¬ Due on 1964 in¬ to clusive. The terest dated are March (J-D) payable at the Citi¬ zens Commercial and Savings Bank, Flint. Legality approved by Berry, Stevens, Barber, Evely & MacFarlane, of Detroit. 000 by pay¬ able at the Second National Bank of Boston, or at the Sale—The school the bonds as issue State 2V4S, at of 6 $20,- Bank, of The bonds maturing in 1955 1956 are callable. Principal and interest City Treas¬ Chemical Legality approved by Gray,, Best, Coolidge - & Midland. (A-O) payable at the Savings Bank, f. Lynn, Mass. . Dated Aug. Ardle, ceive Offering—Daniel J. McCity Treasurer, will! re¬ sealed bids until 11 a.m. (EST) on March 27 for the pur¬ chase of $700,000 temporary loan notes. Due on Nov. 16, 1951. Prin¬ cipal and interest payable in Bos¬ ton or New York City. Legality Storey, Thorndike, Palmer & Dodge, of Boston. approved by Newton, Mass. payable at such may be agreed upon purchaser. 173, p. 1218—were awarded to the New¬ ton Waltham Bank & Trust of of Co., Waltham, 100.03, a as l*4s, at a price basis of about 1.24%. place a as the Tyrone Township Sch. Dist. No. 4 (P. O. Kent City), Mich. Bond Offering — Andrew H. Anderson, Secretary of Board of Education, will receive sealed bids until 8 p.m. (EST) on March 26 for the purchase of $80,000 build¬ Due March on 1968 March 1 1, & from 1952 to Principal and in¬ (M-S) payable at the Kent City State Bank, Kent City. Le¬ gality approved by Linsey, Shivel, Phelps & Vander Wal, ~of Grand Rapids. • Wakefield, Mich. Offering^Monica Kanie- ski, City Clerk, will receive sealed bids until 8 p.m. (EST) on March 29 for the purchase of $115,000 system, series A bonds. Dated March 1, 1951. Due on Aug. 1 from 1951 to 1961 inclusive. The bonds are callable. Principal and (F-A) payable at trust bank a company> designated by purchaser. Legality approved Miller, Canfield, Paddock & the by nes, March from Union Sch. Dist., Mich. offered $2,000,000 gen¬ and site, series 3 on March 20—v. 173, p. 1009—were awarded to a syndicate composed of Halsey, Stuart & Co., Northern Trust Co., Chicago, Philadelphia National Bank, of Philadelphia, A. G* of Becker & Co., of Chicago, Watling, Lerchen & Co., and Shannon & Co., both of Detroit, at a price of 100.02, a net interest cost of $675,000 l%s. Due 1953 to obligation March on 1966 2.20%, 1954 to 1960 40,000 2s. Due 1961 to gen¬ offered on cost of No. 1965 and 1966. on April 1 in 18 March on on 1 from nes, March No. 27 Bond son, District Clerk, St. Paul, Certificate 1 March in 1 Sale certificates fered of The — $47,000 indebtedness of¬ — for the (EST) a.m. purchase loan March on of $200,000 notes. Dated March 27, 1951. Due on Dec. 3, 1951. Principal and interest pay¬ able at the First National Bank of National Bank of St. Paul, as 1.10s, at a price of 100.10, a basis of about 0.95%. Boston. Legality approved by Storey, Thorndike, > Palmer ; & Dodge, of Boston. \ ■ .r; ^ Wolverton, Minn. \ Bond Sale—The $50,000 general obligation bonds offered on March NEW JERSEY & Township Sch. Dist► (P. O. R. F. D. Pittstown), N. J. Co., of St. Paul. MISSISSIPPI 173, p. Boland, A Bond Sale—The issue of $25,000 of by bonds E. C. awarded Co., of to New Beachwood, N. J. improvement March $45,000 general bonds offered .on 16—v. 173, p. 1010—were awarded to Boland, Saffin & Co., of New York City, as 3s, at a price of 100.36, a basis of about 2.96%. „ Long Beach Island Sch. Dist. pur¬ & & Bond Sale—The St. was Thomas Saffin City, as 2.30s, at a price of 100.10, a basis of about 2.29%. ) . Trauernicht, 1010—were York special- improvement bonds was purchased by E. C. Thomas & Son, of Memphis, as l3/4s. Dated reb. 1, 1951. Legality approved by & 0. Son, (P. Barnegat Light), N. J. 1 Bond Offering—Ethel Jacobsen, District Clerk, will receive sealed Louis. 2 Memphis, as l%s. Dated Feb. 1, 1951. Legality approved by Charles & Trauernicht, of St. bids until 8 p.m. (EST) for the purchase MONTANA inclusive. Roosevelt Wolf Board sealed of Dists. E. A. Lund, Trustees, will for 9 $251,320 until 8 bonds, New York City. school be serial district first bonds will ond choice 142,200 No. Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. of choice be and the the sec¬ , School ,$30,000 school bonds. 1, high school district A be serial bonds bonds The years first from callable. will be dated are bonds bonds choice to on Nov.. 1 1960 inclusive. est M-N. and .. C. C. Henry, Village Clerk, will receive (CST) on April 3 for the purchase of $50,- . from Inter¬ .. est J-D. 1, \ . ' maturing the date Interest of after issue J-D. Principal and interest at the National Bank of payable Westfield.. Legality approved by Reed, Hoyt 6 Washburn, of New York City. NEBRASKA Sarpy County Sch. Dist. No. (P. O. Bellevue), Neb. 1 Bond Sale—The issue of $30,000 school . 350,000 school bonds. Dated Dec. 1, 1950. Due on Dec. 1 from 1951 to 1969 inclusive. Inter¬ second Jan. 1950. Due 1951 Dated Nov. Pemberton, N. 7., Minn. of - sealed bids, until 8 p.m. (EST) on" April 5 for the purchase of $380,000 bonds, as follows: * choice of the School Board. are by Wood, well, District Clerk, will receive 45 bonds * $25,000 general obligation bonds. Dated April 1, 1951. Due on April 10 & Mountainside Sch. Dist., N. J.- fol¬ as the The Delafield pur¬ Amortization 1951. interest Bond Offering—Donald G. Max-* $109,120 receive and approved Hawkins, p.m. the Principal (F-A) payable at the Beach Haveh National Bank & Trust Co., Beach Haven. Legality Mont. — of bids April on School Point), Offering of receive chase County O. Bond on April of'$314,000 school bonds. Dated Feb.,1, 1951. Due on Feb. 1 from 1952 to 1971 Board. L from 1954 to 1964 inclusive. The bonds maturing after April 1, 1960 are callable. Legality approved by \ Bond Sale—The $104,000 school bonds offered on March 15—v. Starkville, Miss. Charles , Alexandria 15—v. 173, p. 1118—were awarded to Kalman the Mrs. Alfred O. Poulinr City Treasurer, will receive sealed temporary March 20—v. 173, p. 1118 awarded to the American —were Sale bids until 11 on bonds. Haagen- will sealed bids until 8 p.m. the Nashua, N. H. Note 27 Amortization — re¬ of a.m. (EST) on March 28 for purchase of $200,000 school bonds. Dated April 15, 1951. Due on April 15 from 1952 to 1971 inclusive. Principal and interest . Minn. bonds. Offering will care Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. 1954 to 1964 inclusive. The bonds maturing after April 1, 1961 are callable. Legality approved by Faegre & Benson, of Minneapolis. will Kettle River, in from sealed bids until 7:30 p.m. (CST) on March 28 for the purchase of Bond bids payable at the Merchants National Minneapolis), Minn. Offering—Colin Treasurer, sealed Bank of Boston. County Ind. Sch. Dist. (P. O. West Broadway, Station H. til 11 bids until 7:30 p.m. (CST) April 4 for the purchase of $200,000 building bonds., Dated April 1, 1951., Due on April 1 will Hennepin N. Offering—Samuel P. Had- District ceive I lows: on & the ' !-::\\y~,> by sealed (MST) 1965 and 1966. Due ley, Offering—Lloyd N. Ben.District Clerk, will receive Clerk inclusive. 20,000 2.10s. Due 2.20s. ;vv on Merchants National Bank of Bos¬ ton, 28 State Street, Boston 6, un¬ Bond March 1 from on Bond (P. O. Thief River Falls), Minnesota Due Hillsborough Sch. Dist. 1, ap¬ Pennington County Ind. Sch. Dist. (P. inclusive. 1964 Legality 19, 1951. and Dodge, of Boston. The March March 16 Legality approved Storey, Thorndike, Palmer proved by Dorsey, Colman, Barker, Scott & Barber, of Min¬ neapolis. v follows: $70,000 2V2S. Due inclusive. at of $250,000 interest as on Concord, ton. of Dated March 1 after callable. Co., price of about "1971 to are chased bonds net a Due of Nov. 23, 1951. Prin¬ cipal and interest payable at the Second National Bank,/of Bos¬ bonds. maturing cago, and Harold E. Wood & of St. Paul, jointly, at a 100.001, 1951. 1954 bonds April 1 from 1958 to 1964 inclusive. 250,000 I1/4S. Due 1, improvement 173, p. 1117—were Blyth & Co., of Chi¬ to Nov. on Mississippi 20—v. 1957 inclusive. 1,075,000 IV2S. Due April 1 from building Bank, Dated (P. O. Hendrum), Minn. Offering—Peter A. StenDistrict Clerk, will receive Bond Sale—The issue of $14,000 O. Springfield), Sale—The 1951. 0.94%. 1 $120,000 Dist. Minnesota Bond 20, Concord, N. H. to Capital Starkville Separate Sch. Dist., Brown County Ind. Sch. (P. chased by W. E. Hutton & Co., of Boston, at 1.14%. Dated March 20 1951. Due on Dec. 1, 1953 sealed bids until 3 p.m. (CST) March 27 for the purchase MINNESOTA 64 April from Louis. Stone, of Detroit. No. 1 : pur¬ sealed Coun'.y Ind. School Dist. water interest Dated Oct. on Hampshire Note Sale—The issue of $90,000 tax anticipation notes was Wiger, receive HAMPSHIRE New Minn. Macartney, of St. Paul. No. 1951. inclusive. Bond NEW Belknap County (P. O. Laconia), on with . Dated will bonds. Due Norman 15, 1651. Due on Principal and in¬ 1951. years. 1961 inclusive. Legality approved Note Sale—The issue of $300,by Harold W. Moody, of St. Paul, 000 temporary loan notes was pur¬ and Briggs, Gilbert, Morton, Kyle chased by the National State from 1967 to 1972 inclusive. building bonds March 1, 120,000 about 1.48%, as follows: Bond Sale—The $350,000 bonds offered on March 20—v. on Marie, Mich. terest State Bond Sale—The eral Ste. 5 are Bond Due Sale—The issue of $100,anticipation notes was pur¬ chased by local banks, at 1%%. Rugg, of Boston. Jackson 1951. 1.31%, 1951. Note par. Dated April 15, 1951. Due on April 15 from 1952 to 1956 inclu¬ urer's office. Note 1, Clerk, funding net a 000 tax awarded purchased was Chemical Midland, and Sault eral Township Sch. Dist. No. (P. O. Midland), Mich. sive. Principal and interest 100.04, De¬ Detroit. or bonds 1, 1951. The bonds maturing in 1959 to 1963 of series 3, and the bonds maturing in 1960 to 1964 of series 4, are callable. Principal and in¬ a.m. on Ropes, 1953 2,200,000 series 4 bonds. Bond re¬ March 27 for the pur¬ chase of $515,000 incinerator loan bonds. Dated April 1, 1951. Due on April 1 from 1952 to 1970 inclu¬ sive. from clusive. Offering—Alfred Courte- manche, City Treasurer, will sealed 1 Homer Lawrence, Mass. ceive Dec. by Holyoke, Mass. tax $3,300,000 series 3 bonds. 13, proved fol¬ as lows: Note Sale—The issue of 000 bonds, Town by of terest inclusive. Legality approved by Storey, Thorndike, Palmer & until 8 p.m. (EST) on April 3 for Dodge, of Boston. the purchase of $5,500,000 general Fitchburg, Mass. Feb. ing bonds. inclusive. 45,000 3%s. Due on Dec. 15, 1957. 1,760,000 2s. Due on Dec. 15 from of able at the Second National Bank of Boston. 20—v. Brothers, Phelps, Fenn & Co., Blair, Rollins & Co., Inc., First of Michigan Corporation, Estabrook & Co., Hemphill, No,yes, Graham, Parsons & Co., Hallgarten & Co., all of New York City, Watling, Lerchen & Co., and McDonaldMoore & Co., both of Detroit, at a price of par, a net interest cost $195,000 4s. the March 173, p. 1117—were awarded to a syndicate composed of Lehman re¬ of care of Co., Mich. on the in price a & Co., of Omaha, 2V2s. Due in 1962, optional after as bids until 8 p.m. (CST) on March 30 for the purchase of $25,000 $40,000 purchased was Livingstone at Sale—The $2,000,000 sew¬ ceive bids R. Plainwell. Legality approved by Miller, Canfield, Paddock & Stone, MICHIGAN vin, Jr., Town Treasurer, will sealed S. Sale—The issue of 1, 1961 approved (P. O. Mabel), Offering—W. T. Bond Detroit. Legality ap¬ Miller, Canfield, Pad¬ bonds Oct. after Monday, March 26, 1951 . Robert E. Schweser Oct. 1 from Newburg Stone, of Detroit. Bond Dated .. 1 Plainwell, Mich. water bonds. on inclusive. The bonds Legality by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. The Sale—The issue of $350,- Jan. 1 from 1952 to 1961 inclu¬ temporary loan notes was sive. The bonds maturing in 1960 purchased by the Rockland-Atlas and 1961 are callable. Principal National Bank, of Boston, at 1%, and interest (J-J) payable at the plus a premium of $1. Citizens State Savings Bank, of bonds issue of $300,anticipation notes was purchased by the Second National Co., proved b,y Dated age disposal system revenue re¬ funding and extension, series 1 Sale—The inclusive. Note Bond tax March on maturing Dated 000 about 2.90%. 000 Due 1981 interest cost of about Crane, of New Orleans, as 23As, at a price of par, a basis of Attleboro, Mass. to bonds. works 1971 callable. maturing in 1974 to 1981 Principal and inter¬ (M-S) payable at the Detroit troit, nold & MASSACHUSETTS 1 1951. Trust Taunton, Mass. on 19—v. awarded to 1, $600,- Bond Sale—The $700,000 public improvement series 1953 dock & 000 tax anticipation notes was purchased by the National Shaw¬ LOUISIANA Parish Sale—The 1953 to sealed callable. are est of Revere, Mass. Louisville. receive bonds March on Rockland. at 0.84%. Legality approved by Wyatt, Grafton & Grafton, of from 1218—were awarded p. will water April 1, 1951. Due bids until 7:30 p.m. (EST) on April 4 for the purchase of $770,000 sewage disposal system No. 1, $300,000 tempo¬ loan notes offered CLerk, revenue Somerset. Jefferson City Bank, of Boston, at 0.99%. Note Sale—The April in Bond Offering—Marie W. Clark, $200,- Plymouth County (P. O. Ply¬ mouth), Mass. bonds. 000 Livonia, Mich. of temporary loan notes was purchased by the Merchants Na¬ on distribution system reve¬ Dated April 1, 1951. April 1 from 1952 to 1971 gas Mass. issue The Commercial and Financial Chronicle ' 000 March 26 for the purchase of $600nue Adams, Sale—The "v , building and site acquisi¬ tion bonds was purchased by the . ' Bond Sale—The $50,000 electric light and offered 1118 — Peoples on power March were system awarded National bonds 19—v. Bank 173, to & p. the Trust Co., of price of 2.73%. Co., of Buffalo, and R. W. Press¬ prich & Co., of New York City, as Offering—John Michalek, Bond 1.80s, at will receive Raritan Township School District sealed bids until 3 p.m. (EST) on (P. O. R. F. D. Keyport), N. J. March 28 for the purchase of $36,Bond Offering—Wayne B. Dar000 fire-1951 bonds. Dated April District will receive 1 school 000 1951. Due 1970 Feb. Dated bonds. 1, approved Delafield & Principal and City. Seaside - Bond •• 173, v. a basis of about 2.70%. Vineland, Sale—The Bond fered $2,500,000 mu¬ bonds plant electric nicipal Dated Due sive. March 20—v. 173, p. 1010 on syndicate a Nov. March NEW YORK (P. O. Babylon), N. Sale Bond — 22—v. March The $30,000 fire on 173, p. City, as 2.20s, at a price 100.30, a basis of about 2.14%. of Ballston and Clifton Park, Ballston Lake Fire Dist. No. 1 Ballston Lake), N. Sale—The Bond (P. O. Y. CAROLINA build¬ ing bonds offered on March 14— v. 173, p. 1118—were awarded to .the Ballston Spa National Bank, Ballston of Spa, Free Sch. Dist. O. East Setauket), N. Y. No. 2 (P. : Sale—The Bond 2.20s, at par. as Union Brookhaven $630,000 con¬ struction bonds offered on March 1219—were awarded Lehman Brothers, and R. W. 173, 20—v. to p. Pressprich & Co., both of New York City, jointly, as 2s at a „ ' 100.55 price of a basis of about 1.94%. ■ Colonie Central School Dist. No. 1 (P. O. 1203 Central Ave., Albany), N. Y. ; Offering Bond — Lucey, John Acting District Clerk, will receive sealed bids until 1 p.m. (EST) on March 28 for the purchase of $660,- • : school -1951 000 '•March • 1, Dated March 1 bonds. Due on 1970 inclusive. Prin- 1951. from 1952 to cipal and interest (M-S) payable at the National Commercial Bank . Albany. Legality ap¬ & Trust Co., Sykes, Vandewater, by proved Heckler & Galloway, of New York City. Dobbs Ferry, N. Offering : Glennon, ceive - — Y. K. Village Clerk, will re¬ bids until 3 p.m. sealed (EST) on April 2 for the purchase $57,000 building-1951 bonds. Dated March 1, 1951. Due on of , March 1 from 1952 to 1971 inclu¬ sive. Principal and interest (M-S) payable at the Dobbs Ferry Bank, Dobbs Ferry. Legality approved Delafield & Wood, of by Hawkins, . Dated March March 1 from New York City. (P. O. Catskill), Greene County New Bond et-1951 York bonds offered on bonds. 1 Due on April inclusive. 1, 1949. 1953 from 1979 to 8c approved b,y Wood, King Dawson, of New York City. Village Clerk and Treasurer, will receive sealed bids until 8:15 p.m. (EST) chase March 26 for the pur¬ of $300,000 tax anticipation on Dated March 30, 1951. Due notes. 16, 1951. Legality ap¬ proved by Reed, Hoyt & Wash¬ burn, of New York City. ' July on 1952 Extension No. (P. O. IS Main 1 E., Ontario Center), N. St. Y. Offering—R. Wilbur Pal¬ Bond Town Supervisor, will receive sealed bids until 2 p.m. (EST) on mer, 800 purchase of $29,water—1951 bonds. Dated Jan. 1, March 29 for the 1951. 1966 to of Bank Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. No. 1 Clay Cent. $587,000 school March 21—v. Bond Sale—The offered bonds 173, on & to awarded 1219—were p. Roosevelt Cross, of New York 2.10s, at a price, of basis of about 2.05%. as a Tonawanda (P. New March O. Kenmore 17), Dorotha by Squire, Sanders Dempsey, of Cleveland. & Irving Trust Co., — Cleveland. as Raymond S. 1, 1950. Due on Dec. 1 inclusive. Prin¬ 1952 to 1961 (J-D) payable at the First National Bank of Akron, Barberton. Legality ap¬ proved by Squire, Sanders 8c Dempsey, of .Cleveland. 1219—were awarded 173, to the National Commercial Bank & at p. Trust Co., of Albany, as 1.30s, a price of 100.04, a about 1.28%. basis of Bond Sale—The offered on 1219—were $1,102,250 bonds March 22—v. awarded cate composed City Bank, of of to the New 173, p. of bonds. Due to 1952 there¬ and system nually Dec. on 1 bonds. Due semi-an¬ June and Dec. 1 are April dated 1, improvement 19—v. bonds 173, awarded to Fox, 100.36, as offered p. on 1118—were Reusch & Co., of l%s, at a price of basis of about 1.64%. a Township Franklin (P. O. Mans¬ field), Ohio — The $15,000 Sale Bond fire fighting equipment bonds offered on Feb. 17—v. 173, p. 707—were of price of awarded to Fox, Reusch & Co., 100.40, 900,000 bonds, as follows: portion City's $1,300,000 National Nov. 1 clusive. from paving, bonds. Due on 1952 to 1961 in¬ 3 from bonds are dated April 3, Principal and interest (M-S) 1951. payable at the County Treasurer's office. City Sch. Dist. Bedford), Ohio build¬ Maple Heights (P. O. Bond Sale—The $520,U00 March 20— 1011—were awarded to a syndicate composed of Seasongood & Mayer, W. E. Hutton & Co., and Pohl & Co., all of Cin¬ cinnati, as 2%s, at a price of 100.82, a basis of about 2.66%. 173, v. p. 1951. Interest J-D. as 13/4S, at a basis of about 1.68%. a Hanrahan, (EST) on No. 352 1952 to 1955 inclusive. ing bonds offered on on bonds 1955 inclusive. 1952 to 5,600 water supply line bonds. Due on Sept. from inclusive. 1966 from 1952 to 1966 inclusive. The 1958 inclusive. 4,480 water supply line No. 350 bonds. Due on Sept. 3 from system works 315,000 electric light and power Finance, will receive series-B City, on callable. water Cincinnati, Ohio sealed bids until 11 a.m. third York 1956 1, are 105,000 interest syndi¬ a (EST) noon City Sch. Dist., Ohio Sale — The $1,850,000 Fremont Director and 1953. 27,170 water supply line No. 335 bonds. Due on Sept. 3 from improvement bonds, June after 1955 inclusive. 1952 to 1,670 water supply line No. 361 bonds. Due on Sept. 3 in 1952 The Cincinnati, Bond Offering—F. R. until general April 2 for the purchase of $146,000 sanitary sewer bonds. Cleveland, water supply line No. 319 bonds. Due on Sept. 3 from 5,660 follows: Bond building unlimited tax bonds of¬ fered on March 20—v. 173, p. 1118 — 22—v. bids on 1956 inclusive. 1952 to •?. will receive City Auditor, follows: water supply line No. 310 bonds. Due on Sept. 3 from 7:~n Mt. on and Sul¬ April 2 for the purchase of $525,* 000 purchase of $53,120 spe¬ 1952 to Cuyahopa Falls, Ohio Offering—John C. Bond March cipal of Bond April 10 for the purchase of $12,- York at Flickinger, City Auditor, will re¬ ceive sealed bids until noon (EST) from interest (M-N) Cuyahoga Falls. Ohio Sale—The $37,700 street Ohio Barberton, Offering 1, May dated are Legality approved interest and Principal approved Bond from the L. (A-O) payable at the Ohio Bank & Savings Co., Findlay. Legality City, and the Manufacturers and Traders Trust Co., of Buffalo, jointly, bonds E. $8,540 *■ 1 Nov. on Toledo), O. Adelaide cial assessment bonds, as 1952 to 1966 inclusive. The p.m. inclusive. Due bonds. for the purchase Dated Dec. Sch. Dist. (P. O. Liverpool), N. Y. and Salina — (EST) on March 28 of $240,000 build¬ ing bonds. Dated April 1, 1951. Due on Oct. 1 from 1952 to 1971 7 Due on Jan. 1 from inclusive. Principal (J-J) payable at the Ontario, Ontario. interest State Dist., Ohio Local Sch. Offering 30 for the improvement Hall City — Schmitt, Clerk of Board of County Commissioners, will receive sealed bids until 10 a.m. (EST) on March 1959* inclusive.v to Offering Bond from 1 interest and County (P. O. Lucas equipment Nov. Due..on Principal payable at the First Na¬ tional Bank, Blanchester. Legal¬ ity approved by Peck, Shaffer & Williams, of Cincinnati. $105,000 sewer system bonds. Due on Dec. 1 from 1952 to 1966 inclusive. The bonds maturing Mengert, Clerk of Board of Edu¬ cation, will receive sealed bids until Ontario, West Ontario Water Dist., Bank, Andover. Arcadia Bond Dec. 1 from Principal inclusive. (J-D) payable at the and interest Andover service* machine equipment bonds. Due on 1 from 1952 to 1956 in¬ bonds. Dec. 15 from 1952 to 1961 on inclusive. clusive. (EST) on April March 1, 1951. Due on 1961 from 1 purchase of $16,000 fire pro¬ 1951. (J-D) 1973 inclusive. 400,000 police and fire sealed to 1 series-B Nov. on (EST) on March 28 for noon Due sewage disposal, third bonds. Due on Nov. 1 150,000 West- tection bonds. Dated Feb. 15, Nov. on third Due public Nov. sealed purchase of $10,000 water improvement bonds. Dated until the from 1952 to 1973 inclusive. and O. sealed bids Trustees, will receive 1 Nov. on Due Bridge, 300,000 (P. Township of Clerk 1952 to 1973 inclusive. 1952 to livan, 1952 bonds. bonds. 2 for the Bull, Jr., Offering—F. H. Watson, A. Offering—H. p.m. bonds. Due ries-C 500,000 syndicate a Offering—Delbert Taylor, Board of Township Bond from 1 by Squire, Sanders 8c Dempsey, Village Clerk, will receive bids until 8 series third Nov. on 1952 to 1973 inclusive. from to basis of about 2.34%. a Jefferson 1,350,000 general sewer, first se- works Y. Mamaroneck, N. 101.44, on 1973 in¬ New York City. Ohio Andover, awarded composed of Harriman Ripley & Co., Inc., Hayden, Miller 8c Co., and Ball, Burge & Kraus, all of Cleveland, as 2Vzs, at a price of 1973 inclusive" ries-B from bonds of¬ March 13—v. 173, p. 1011 on —were 1,450,000 general sewer, third se¬ payable Bond Due 1952 to 1951. Principal and City. OHIO interest (M-S) ity Note of New York Due fered boro), Ohio bonds. 2,500,000 Due. on 1951. 1, payable at the Central Islip Na¬ tional Bank, Central Islip. Legal¬ 100.53, Sale—The $278,000 budg- Oct. Dated Sand- bonds. incinerator, 150,000 Easter- E. Local Sch. Dist., struction and equipment i clusive. series Offering—W. 1952 to 1980 inclu¬ sive. Principal and and Margaret (P. O. Lumber- District Clerk, will receive Principal and interest (A-O) pay¬ sealed bids until 1 p.m. (EST) on able in New York City. Legality March 29 for the purchase of approved by Mitchell 8c Pershing 1952 Bond Legality eigh, until 11 a.m. (EST) on April 3 for the purchase of $1,000,000 school building, series C bonds. Y. building —1951 1 station, fire and 1 from 1952 to Nov. ford, $575,000 on Nov. inclusive. Due series fourth Tar- ling, Secretary of Local Govern¬ Commission, will receive sealed bids at his office in Ral¬ , police 250,000 ment « $14,000 New York City. in Bond Legality approved by Van¬ Sykes, Heckler & Gal¬ loway, of New York City. pauge), N. j 900,000 City Hospital and Health Center, second series-B bonds. Due on Nov. 1 from 1952 to ton), N. C. dewater, Bond Offering—Arthur T. approved by Peck, Shaffer & Wil¬ liams, of Cincinnati. in- Jackson Township from 1952 to 1971 City,, as 2.20s, at a a basis of about Robeson County City. Islip and Smithtown Union Free Sch. Dist. No. 6 (P. O. Haup- 1971 bonds. ries-D approved by Reed, Hoyt & Wash¬ burn, of New York City. at the Meadow Brook National Bank, of Freeport, with New York exchange, or at the Chase National Bank, New York New York from Loveland National Bank, Loveland. Legality on elusive. payable 1219—were R. D. White & Co., of awarded to able Principal and interest (M-S) sive. Y. offered bonds truck-1951 Due on 1952 to 1980 inclu¬ March 1 from West Babylon Fire Dist. Babylon, 1951. 1, Due interest and the at 1,000,000 Municipal Airport Ter¬ (P. O. R. D. 9, North Canton), O. minal improvement, first se- i Bond Sale—The $350,000 con¬ Legality approved National State ville Centre. •Bank, of Newark, C. J. Devine & by Hawkins, .Delafield & Wood, Bond Offering—W. E. EasterCo., of New York City, First of of New York City. ling, Secretary of Local Govern¬ Michigan Corporation, Mackey, ment Commission, will receive Hempstead Union Free Sch. Dist. Dunn & Co., Andrews & Wells, sealed bids at his office in Ral¬ No. 9 (P. O. Freeport), N. Y. Inc., Rand & Co., all of New York eigh, until 11 a.m. (EST) on April Bond Offering—Mrs. Alma BoyCity, J. W. Sparks & Co., of Phil¬ 3 for the purchase of $625,000 adelphia, and F. R. Cole & Co., den, District Clerk, will receive school building, series A bonds. of Newark, taking $2,498,000 sealed bids until 3:30 p.m. (EST) Dated April 1, 1951. Due on April on March 27 for the purchase of 1 bonds as 1.70s, at a price of 100.10, from 1952 to 1976 inclusive. a basis of about 1.69%. $1,500,000 building — 1951 bonds. Principal and interest (A-O) pay¬ Dated- 1 bonds. series-D March 30 for on Principal payable (J-D) 1952 to first $561,000 build¬ Edgecombe County (P. O. boro), N. C. the of composed inclusive. from 1973 inclusive. Bank, South Shore Branch, Rock- to 1 Nov. on (EST) noon purchase of $10,000 fire pro¬ tection bonds. Dated Feb. 1, 1951. Due on Dec. 1 from 1952 to 1961 the Freeway improvement, 1,600,000 Y. 100.66, NORTH payable at the Franklin National awarded —were York New price of 2.14%. on 1 from 1952 to 1960 inclu¬ Principal and interest (A-O) April of¬ 1951. 1, April from 1 1952 to 1971 inclusive. of J. N. Due bonds. Co., of New York City, as 2.10s, at a price of 100.17, a basis of about fighting equipment—1951 was purchased by Tilney & bonds 2%s, at a price of 100.21, as $18,- of issue Sale—The Bond Boland, Saffin & Co., of New York City, Bond Sale—The Y. on 400,000 recreation, first series-B Lyndonville), N. (P. O. 000 fire 1010—were awarded to p. 1.19%. Yates, Ridgeway, Carlton and * Gaines Cent. Sch. Dist. No. 1 ing-1951 bonds offered on March 22—v. 173, p. 1219—were awarded to a syndicate composed of the Marine Trust Co., Manufacturers and Traders Trust Co., both of Buffalo, and Roosevelt & Cross, water- March 16— on a about 2.06%. Sale—The $17,000 1951 bonds offered until sixth series Nov. at or at such other place as may agreed upon with the pur¬ stead), N. Clerk 1952 to 1971 inclusive. Wood, of New York Hempstead, Lakeview Fire Dist. (P. O. Lakeview, West Hemp¬ N. J. Park, Due bonds. Co., of Albany, as 1.20s, price of 100.02, a basis of Offering—Paul T. Steele, of Board of Township Bond Trustees, will receive sealed bids and Trust chaser. , on 1969 in¬ from 1952 to recreation, 100,000 to the National Commercial Bank City, be Due clusive. 16—v. 173, p. 1118—were awarded Hawkins, by 1 March on Ohio development, bonds. series-D Nov. $103,000 budget offered bonds —1951 (A-O) Legality in¬ terest (F-A) payable at the Peoples National Bank of Keyport. Legality approved by Haw¬ kins, Delafield & Wood, of New York Bond Sale—The first Township (P. O. Goshen), Goshen Lakefront 150,000 York 1.85%. about 1963 inclusive. Wayne County (P. O. Lyons), payable at the First National Bank of Bellmore. interest 1952 to from 1 Feb. on inclusive. to 250,000 park, first series-D bonds. Due on Nov. 1 from 1952 to 1.77%. New wright & Co., of Columbus, as 2s, at a price of 101.59, a basis of 1963 inclusive. price of 100.21, a basis a of about 1951. Due on Oct. 1 from 1952 1959 inclusive. Principal and 1, sealed bids until 8 p.m. (EST) on April 4 for the purchase of $150,- , Secretary, 55 Co., Ball, Burge & Kraus, all of Cleveland, and Sweney Cart- 150,000 park, sixth series bonds. Due on Nov. 1 from 1952 to Manufacturers and Traders Trust Hempstead, Bellmore Fire Dist, (P. O. Bellmore), N, Y. Pemberton, as 2%s, at a 100.13, a basis of about j land, District Clerk, (1323) The Commercial and Financial Chronicle Number 4997 Volume 173 were composed awarded to' a syndicate of the Northern Trust Co., Harris Trust & Savings Bank, Paine, Webber, Jackson & Curtis, all of Chicago, Prescott, Hawley, Shepard & Co., Field, Richards & f ocal Sch. Dist. (P. O. No. 4, Bucyrus), Ohio Offering—Lucille Stetzer, Clerk of Board of Education, will receive sealed bids until 4 p.m. R. R. Bond March 30 for the pur¬ construction and equipment bonds. Dated April 1, 1951. Due on Oct. 1 from 1952 to 1971 inclusive. Principal and (EST) on chase of $265,000 the Le¬ gality approved by Squire, San¬ ders & Dempsey, of Cleveland. interest (A-O) payable at Bucyrus City Bank, Bucyrus. Norwood, Ohio Bond Offering—G. E. Lyle, City Auditor, will receive sealed bids until noon (EST) on April 3 for purchase of $500,000 street im¬ provement bonds. Dated April 1, 1951. Due on Oct. 1 from 1952 to the 1961 terest inclusive. Principal and in¬ (A-O) payable at National Bank. Shaffer 8c Wil¬ Cincinnati. approved by Peck, liams, of the First Norwood. Legality 56 The Commercial and Financial Chronicle (1324) Roscoe, Ohio — C. R. Crown, Bond Offering Shuler & Sayre, of Village Clerk, will receive sealed bids until noon (EST) on March 27 for the purchase of $8,000 fire Dated April equipment bonds. 1, 1 from 1952 to 1951. Due on Nov. inclusive. Principal and in¬ terest (M-N) payable at the First National Bank, Coshocton. Legality approved by Squire, Sanders & 1959 Dempsey, of Cleveland. Silvercreek ' . Township of & Jamestown, 1100.66,~ Traders 2s, at as Westfield Local Sch. Dist. p.m. ing to 173, the ^ (P. O. Offering ceive sealed (EST) on of offered — Howard C. until bids 8 p.m. April 5 for the purchase general $60,000 obligation Bond Sale—The $15,000 build¬ ing bonds offered on Feb. 19—v. 173, p. 708 — were awarded to Hayden, Miller & Co., of Cleve¬ land, as 2s, at a price of 100.04, about Bond bonds 173, 1012—were awarded to the p. Equitable Webster Securities Dallas Bond City Clerk, will highway and receive Gibson, of Nashville, jointly, as 2J/4S, at a price of 100.11, a basis of about 2.24%." Winston-Dillard Water Dist. (P. O. Winston), Ore. Bond Sale—The $22,000 water 173, offered March on 1119—were p. Fordyce & 3V2s. 1 Co., 15—v. awarded to Portland, of — Ada Holden, bids until 7:30 p.m. (PST) on April 3 for the purchase of $32,000 City Hall bonds. on Dated March 1, 1951. March 1 from 1956 to 1963 inclusive. The bonds are callable. Principal and interest (M-S) pay¬ able at the City Treasurer's office. Hillsboro, Ore. Bond Offering—E. M. Bowman, City Recorder, will receive sealed bids until 8 p.m. (PST) on April for the purchase of $90,000 3 municipal swimming pool bonds. Dated April 1, 1951. Due on April 1 from 1952 to 1971 inclusive. The bonds maturing in 1963 to 1971 callable. are 173, offered p. $500,000 sewer March 21—v. on Bond Offering Board ceive for of sealed the building — bids will until purchase of bonds. Dated re¬ April 2 $1,000,000 April 10, 1951. Bowie County, Liberty Com. Sch. 1119—were awarded to receive sealed bids until (CST) on April 3 for the purchase of $90,000 school house Goldman, Sachs & Co., of New bonds. Dated May 1, 1951. Due on City, and DeHaven & Townsend, Crouter & Bodine, of Phil¬ May 1 from 1952 to 1974 inclu¬ sive. Principal and interest adelphia, jointly, as l%s, at a price of 100.18, a basis of about (M-N) payable at a place desig¬ nated by the purchaser. 1.60%. Shaler Township Sch. Dist. (P. O. Glenshaw), Pa. Sale — The —v. to & of & 173, p. on 1012—were $1,300,000 March 19 awarded syndicate composed of Blyth Co., C. J. Devine & Co., both a New York City, and Thomas Co., of Pittsburgh, as 2s, at a price of 101.15, a basis of about 1.90%. Ector County, County Ind. School Dist. (P. O. Odessa), Texas Bond ker, Offering—Chas. Business ceive sealed (CST) on March of $498,000 bonds. Dated 1 from Wal¬ will Manager, bids chase May L. until re¬ 1 27 for the school p.m. pur¬ sive. The bonds maturing on May 1, 1961 and thereafter are callable. Principal and interest bonds. 28 for the inclusive. March 15 from 1952 to Amherstberg High Sch. Dist., Ont, 'Bond 000 (PST) p.m. on 1971 Sale—The issue> school by purchase of bonds Goulding, & Co., and both of Toronto, jointly, 3%s. Due from to as 1952 qfr$iZ(f,^ purchased was Rose Harrison & Co., bonds 1971 March 15 on inclusive. Napanee, Ont. callable. Principal and (A-O) payable at the County Treasurer's office. Legal¬ ity approved by Weter, Roberts & Shefelman, of Seattle. are Bond Sale—The issue of interest $33,088 improvement bonds was pur¬ chased by the Deacon Findley Coyne, Ltd., of Toronto, as 3y4S, price of 98.37. Due from 1952 at County, Northport Union High Sch. Dist. No. 93 (P. O. Colville), Wash. Bond Sale—The $45,000 school a to Stevens 1966 inclusive. Orillia, Ont. - bonds offered 173, Bond 708—were awarded to the p. State, on 2y>s. as March 16—v. 000 Sale—The public 173, offered 1012 p. on series 1.28%. Virginia (State of) Bond Sale—The $7,500,000 road, bonds offered on March 21—v. 173, p. 1120—were awarded to York Bond to West C April 1 from 1952 to 1971 on 11 Hayden, Miller & Co., of Cleve¬ a price of 101.14, a basis series pur¬ inclusive. 20—v. awarded land, at of about the Due 1%% March were — was Gouinlock & Co., Dominion ; Securities Corp., both of Toronto, jointly, at a price of 99.18, as 3y2s and 2%s. $255,000 improvement, bonds improvement bonds and / Parkersburg, W. Va. Bond Sale—The issue of $391,- chased by Bell WEST VIRGINIA house May 1, 1951. Due on 1952 to 1966 inclu¬ improvement bonds was pur¬ by Goulding, Rose & Co., and Harrison & Co., both of Toronto, jointly, as 3y4S and 3y2s. 1 from 1953 to 1967 inclusive. The 3 p.m. 360 $69,000 general obligation bonds. Dated April 1, 1951. Due on April Bond Offering — Ben Fort, County Superintendent of Schools, will March 1:30 Ont. chased Offering—-Verne Silvers, Treasurer, will receive bids until Due Sale—The issue of $139,- Due - The Secretary Education Bond Treasurer, Bond- 3y4s. and ONTARIO County, Sultan Union High School Dist. No. 112 (P. O. Everett), Wash. r 3s Amherstberg, Snohomish on Dist., Texas as -. improvement May 1, 1951. Dated sealed York school bonds offered ^ City Recorder, will receive sealed Due bonds Sale—The Bond Offering pur¬ Reading, Pa. Bond as Empire, Ore. Bond the series of 1951 bridge building Alvin Ind. Sch. of Acadia, March 1 from 1952 to 1966 incl. on school 000 and Dist. No. 12 (P. O. Boston), Texas sealed 1, 1951. Due on March 1 from 1952 to 1961 inclusive. Interest M-S. bonds for 11 will noon Grindle, (PST) on April 2 tor the purchase of $22,249.68 improvement bonds. Dated March ' April on until bonds. C. bids until 5 p.m. Douglas County, bids chase of $25,000,000 City, Ore. Offering—A. Authority Bridge sealed (EST) OREGON Corp., ■ of $133,was pur¬ chased by the Acadia Trust Corp., will receive sealed bids until 2 p.m. (PST) on April 6 for the purchase of $144,- 8c TEXAS and way Tenn. # Sale—The issue County School Dist. No. 403 (P. O. Tacoma), Wash, Bond Offering—L. R. Johnson, County Sale—The $440,000 school offered on March 15—v. '* / ..... SCOTIA County, N. S. improvement bonds Pierce j 1.73%. bonds. Bridge Authority (P. O. Harrisburg), Pa. Bond Offering—The State High¬ Bond 000 WASHINGTON , Pennsylvania State Highway and NOVA Colchester of Security Na¬ Bank, of Sioux Falls, as Was, at a price of 100.07, a basis Monday, March 26, 1951 . - bonds. County receive basis of about 1.93%. a 19 awarded . $1,080,000 •" Northwest Bartlett), Ohio • of 480,000 Robertson School District tional of purchase follows: as bonds. build¬ March on 1119—were p. the bonds, Dist., $600,000 Gladeville School District $72,000 Murfreesboro, Montgomery Township Sch. Dist. (P. O. R. D., North Wales), Pa. Bond Sch. Dakota Sale—The bonds —v. Ind. TENNESSEE Knapp, District Secretary, will re¬ price of a re¬ 8 PENNSYLVANIA Bank, basis of about 1;89%: a will until bids Falls South Bond G. Kenneth Recorder, sealed O. — Farmers — (PST) on April 5 for the purchase of $20,000 water general obliga¬ tion bonds. Dated April 1, 1951. Due on April 1 from 1952 to 1971 Bond Sale The $12,000 fire protection bonds offered on March 15—v. 173, p. 1119—were awarded the City Reade, ceive Jamestown), Ohio to Offering Sioux Ore. Tualatin, Bond for SOUTH DAKOTA South inclusive. * (P. Winfree, McCulloch, Portland. by proved . 000 Township, Ont. Sale—The issue of $750,- improvement bonds was pur¬ chased by a syndicate composed of the Bankers Bond Corp., Deacon Findley Coyne, Ltd., and Harrison & Co., all of Toronto, as 3y2s, at a price of 99.43, a basis of about 3.56%. Due on April 1 from 1952 to 1971 inclusive. syndicate composed of the payable*.af', >£hase National Bank, of* New QUEBEC South Lebanon Township Sch. Dist. the Mercantile National Bank; York City, Northern Trust Co., Dallas. Legality approved by Mc(P. O. R. D. 1, Lebanon), Pa. Asbestos, Que. Harris Trust & Savings Bank, Parkhurst & Bond Offering — Howard E. Call, Bond Sale—The issue of $144,Crowe, of both of Chicago, Blyth & Co., Kid¬ v.' Weaber, Secretary of Board of Dallas. der, Peabody & Co., both of New 000 improvement bonds was pur¬ School Directors, will receive York Texas City, Texas City, Braun, Bosworth & chased by the Canadian Bank of sealed bids until 8 p.m. (EST) on Commerce, and Bell, Gouinlook & Bond Offering — Kenneth T. Co., Inc., Trust Co. of Georgia, of April 3 for the purchase of $160,Co., both of Toronto, jointly, as Nunn, City Secretary, will receive Atlanta, Chas. E. Weigold & Co., 000 improvement bonds. Dated W. H. Morton & Co., both of New 3V2s, at a price of 93.50, a basis sealed bids until 6:30 p.m. (CST) April 15, 1951. Due on April 15 York City, and the Charleston Na¬ of about 4.50%. Dated Nov. 1, on March 28 for the purchase of from 1952 to 1971 inclusive. Le¬ Due on Nov. 1 from 1951 tional Bank, of Charleston, at a 1950. $125,000 traffic control bonds. gality approved by Townsend, price of 100.03, a net interest cost to 1965 inclusive. Dated March 1, 1951. Due on Elliott & Munson, of Philadelphia. of about 1.40%, as follows: March 1 from 1952 to 1965 inclu¬ Brownsburg Protestant School sive. The bonds maturing on or $2,000,000 iy2s. Due on April 1 Commission, Que. Springfield Township Sch. Dist. from 1952 to 1955 inclusive. after 5 years from their date are (P. O. Springfield), Pa. Bond Sale—The issue of $180,/ 3,000,000 Was. Due on April 1 000 callable. Principal and interest school bonds was purchased Bond Offering—Harriet S. Mar¬ from 1956 to 1961 inclusive. (M-S) payable at the Texas City by J. F. Simard & Co., of Ottawa, shall, Secretary of Board of 2,500,000 iy2s. Due on April 1 as National Bank, Texas City. Le¬ School 3j/2s, at a price of 97.05, a basis Directors, will receive from 1962 to 1966 inclusive. of about 4.01%. Dated March 1, sealed bids until 8 p.m. (EST) on gality approved by Vinson, Elkins & Weems, of Houston. 1951. Due on March 1 from 1952 April 4 for the purchase of $100,WISCONSIN to 1971 inclusive. 000 improvement bonds. Dated VERMONT De Pere, Wis. April 15, 1951. Due on April 15 Bond Sale—The $80,000 bonds Hull, Que. from 1952 to 1961 inclusive. Le¬ Hartford Town Sch. Dist. (P. O. offered on March 15 v. 173, p. Bond Sale—The issue of $762,Inter-State Trust Co. Building, gality approved by Townsend, 1120—were awarded to Gillespie 000 various 28 South Main Street, White improvement bonds Elliott & Munson, of Philadelphia. & Wauters, of Green Bay, at a was purchased by a syndicate t J River Junction), Vt. SOUTH CAROLINA composed of the Dominion Se¬ Bond Sale—The $900,000 school price of 101.40, as follows: house construction and improve¬ $57,000 municipal public build- curities Corp., A. E. Ames & Co., Lancaster County (P. O. both of Toronto, L. G. Beaubien ment bonds offered on March 21— ing-1951 bonds. Lancaster), S. C. v. 173, p. 1220—were awarded to 15,000 street improvement-1951 & Co., Nesbitt, Thomson & Co., Bond Sale—The $350,000 school Rene a T. bonds. syndicate composed of F. S. Leclerc, Inc., and the and road of 1951 bonds offered Banque Provinciale du Canada, Moseley & Co., of Boston, Harri8,000 fire protection bonds. on March 19—v. 173, p. 1119— man all of Ripley & Co., Inc., Kidder Montreal, at a price of were De Pere Sch. Dist. No. 1, Wis. awarded to F. W. Craigie Peabody & Co., of New York City, 92.15, a net interest cost of about Bond Offering — I. A. Smits, & Co., of Richmond, and Hamil¬ and Robert Hawkins & Co., of 4.20%, as follows: ton & Co., of Chester, jointly, at Boston, as 2s, at a price of 100.34, City Clerk, will receive sealed Due on Nov. 1 from a bids until 4 p.m. (CST) on March $87,000 3s. price of 100.13, a net interest a basis of about 1.96%. 1951 to 1955 inclusive. 30 for the purchase of $200,000 cost of about 1.94%, as follows: 575,000 3^s. Due on Nov. high school building and equip¬ 1 VIRGINIA $120,000 l%s. Due on April 1 from 1956 to 1965 inclusive. ment bonds. Dated July 1, 1951. from 1952 to 1962 inclusive. Vinton, Va. Due on July 1 from 1952 to 1971 100,000 3s. Due on Nov. 1, 1965, 230,000 2s. Due on April 1 from Bond Sale—The $250,000 sewage inclusive. Principal and interest The bonds are dated Nov. 1963 to 1971 inclusive. 1, disposal bonds offered on March (J-J) payable at the City Treas¬ 1950. a , Jackson County Sch. Dist. No. 89 (P. O. Shady Cove), Ore. Bond Sale—The $15,000 school bonds offered 173, 1011—were awarded to the p. on March 14 — v. First National Bank, of Portland. Jefferson County Sch. Dist. No. 9-C (P. O. Madras), Ore. Bond Sale—The $190,000 gen¬ obligation bonds offered on eral March 16—v. 173, p. 1119—v/ere awarded to the United States Na¬ tional Bank, of 2*4s and 2y2s. Oregon Bond erans March Welfare 20—v. of the National Bank Trust $4,000,000 Vet¬ offered,, on bonds 173, p. 1011—were syndicate composed a First Portland, 3s, as (State of) Sale—The awarded to tional Portland, of Bank, America of Na¬ & — Savings Associa¬ tion, of San Francisco, Philadel¬ phia National Bank, of Philadel¬ phia, Pacific National Bank, Seattle, Blewer, Heitner & Glynn, of St. Louis, Continental National Bank & Trust Co., of Salt Lake City, Atkinson-Jones & Co., and Spartanburg County Sch. Dist. No. 21—v. 173, p. 1220—were awarded 7 (P. O. Box 970, to the the Chas. N. Tripp Co., both of Brooke-Willis, Inc., of Spartanburg), South Carolina Richmond, and Wyllie & ThornPortland, at a price of 98.87, a Bond Offering—Eugene C. net interest cost of about Best, hill, of Charlottesville, jointly, at 1.54%, as iy2s and Secretary of Board of Trustees, a price of 100.11, a net interest l*4s. will receive sealed bids until noon cost of about 2.18%, as follows: Pilot Rock, Ore. (EST) on April 12 for the pur¬ $220,000 2Y4S. Due on April 1 from Bond Offering—c. G. Bracher, chase of $330,000 school building 1952 to 1974 inclusive. Town Recorder, will receive bonds. Dated April 1, 1951. Due 30,000 2s. Due on sealed bids until 8 p.m. (PST) on April 9 for the purchase of $70,€00 1951. Due 1971 bonds. water on Dated May 1, May 1 from 1952 to inclusive. Principal and in¬ April 1 in 1975 on April 1 from 1952 to 1961 clusive. (A-O) Principal payable at in¬ and the Central and 1976. interest Wise Hanover Bank & Trust Co., New York Superintendent of Schools will Treasurer's York ceive Legality ap¬ City. Saskatoon, Sask. CANADA Debenture Offering sealed bids — The until County April re¬ 10 was Winnipeg, Man. Bond Sale—The issue of $2,000,000 improvement bonds was pur¬ purchased Due on Jan. from 1 - of . t 1952 . by syndicate a Commerce, Bankers 3.24%. issue composed of J. L. Graham & Co., Canadian Bank of Bank Gouinlock & Co., McLeod, Young, Weir & Co., both of Toronto, jointly, as 3y4s, at a price of 100.08, a basis of about to 1961 inclusive. Sale —The $457,000 improvement debentures MANITOBA chased by Bell, City. Legality approved by Reed, Hoyt & Washburn, of New office. SASKATCHEWAN and County School Districts (P. O. Wise), Va. terest (M-N) payable at the Town Bond office. Legality approved by Chapman & Cutler, of Chicago. urer's of Toronto, a nrice Nova Scotia, and the Bond Corp., all of as of 3y4s, 3Y2s and 3%s, at 98.58. Due on April 1 from 1952 to 1980 inclusive.