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ISSUE
MONDAY
MAR 27 1950
~Tke Commercial w
Financial
Chronicle
Reg. U. S. Pat. Office
Volume
New
Number 4893
171
Price 75 Cents
York, N. Y., Monday, March 27, 1950
General Corporation and Investment
RAILROAD
PUBLIC UTILITY
-
INDUSTRIAL
-
INSURANCE
-
finance
To
.
additional
purchase of Electrical Reactance Corp. and provide
capital,
this
company
borrowed an additional
Prudential Insurance Co. of America evidenced
the
4V4%
by
a
to
At Dec.
1964.
1,
Dec.
loan
The
and
provides for the payment of $30,000 Jan.
l and $60,000 each June 1 thereafter
agreement
each
Jan.
$66,667
170,
' '
'
2013.
p,
1,
It
i>
into
unit
to
New
shares of
Co.
&
Inc.—Common Stock Oi>
stock
common
'
15 publicly offered 36,500
March
on
(par $1) at $8.121/j-per
*
business.
'
.
.
.
!
31,
Series
A, due
serially to 1958
Series
B,
due
serially to 1955
stock
Common
"Includes
Including
convertible
^
—
($25 par value)...
cumul. conv. pfd. stk., ser. A
5V2%
($1
value)
par
Sept.
due
$50,000
Transactions New York Curb Exchange
NOTE—The
^Authorized 500,000 shares,
conversion of the cumulative
for
unsecured lines of credit aggregating
representative banks.
As of Dec. 31, 1949,
23
by
(Dow-Jones)
Stock Exchange
Gas
which
nominal.
is
•
of
The
March
on
company
16
filed
letter of
Course of Bank Clearings
to make and assemble
underwriting involved.
machinery
Corp.
Holding
Amerex
heater
and
Foreign
Federal
System...
Stockholders'
Committee
formed to represent the stock¬
and Mary McLaughlin Cooney
Secretary, Box A-560 World Telegram-Sun.
The committee stated that it had been formed
trying to get $50 more
price
market
for the nurpose of
for each share of Amerex stock, instead of the
about $35 per share.
of
99%
than
Sell American Express
corporation has no
The
holds
it
facilities
,
for
that
sale;
will
be
official
"An
stock
intention of disposing of its interest of more
$18,000,000 capital stock of the American
directors were unanimously against sale; that
the new interests. Equitable Securities Corp. and Union Securities Corp.,
who had purchased the Albert H. Wiggin's holdings of Amerex stock
last July,
were against it, and that officers of both companies were
opposed to it.—V. 170, p. 589.
not
at
its
sold
company
of
set
be
will
continued
stock
in
at
up
H.
property immediately north of and adjacent to the Can
holdings at 360 lizabeth Avenue, Newark, N. J. The purchase
expands its Newark property to approximately nine acres.
The new
property consists of a four-story concrete and steel building with
approximately 50,000 square feet of floor space.—V. 170, p. 2433.
ing
and
company
American & Foreign Power Co., Inc.—Cuban
Financ¬
ing Completed—
The
company
has
announced
the
of a refinancing
sub-holding company in the
consummation
the Cuban Electric Co., a
system.
Under the plan, Cuban Electric has issued $85,000,000 first
mortgage 4V$s and 4 Mrs, to refund $75,373,975 of its 6%
debentures
previously outstanding, $3,998,000 of underlying bonds of Cia Gas y
Electricidad de la
Habana, and
repayment of $1,975,000 principal
amount of 6% loans.—V. 171, p. 553.
program
for
Financing—
March 3 announced that it plans to sell $27,000,000
time iu May through competitive bidding.
They
a period of 15 or 20 years.
The proceeds will be
used in part to redeem $15,162,300 of 43/4% preferred stock, which is
callable at $110 per share and the balance will be applied to pay off
$10,300,000 of bank loans out of a total of $19,200,000 outstanding,
—V. 171, p. 749.
The company
notes
would
mature
on
some
over
American Telephone & Telegraph
Transfer Facilities in Chicago—
The
company
facilities
Co.—To Have Stock
-
has approved estabbshment of
stock in Chicago, 111.
for its common
amount
of
with
the
of
purchasers
bonds
severally
Lee Higginson Corp
200,000
700,000
to
be
A. E.
Merrill, Turben & Co...
200,000
The Ohio Co........
300,000
Roger S. Palmer Co
100,000
B. W. Piazini fyCo., Inc.
150,000
300,000
100,000
& Townsend,
Bodine
Dominick..
700,000
150,000
Riter & Co..,
1,000,000
Scott, Horner & Mason,
Inc. .....
200,000
Chas. W. Scranton & Co.
200,000
Putnam
2,000,000
Co.,
&
150,000
1,000.000
Co.
&
Marache
Co.
Co
&
1,000.000
Co...
300,000
Miller
Hayden,
40
171,
&
100,000
Stroud & Co., Inc.____
700.000
Tucker, Anthonv & Co. 1,000.000
Harold E. Wood & Co..
150,000
1,000,000
...
100,000
200,000
Inc.
300.000
-
Hallgarten
Co,
Sheridan Bogan Paul &
Co., Inc.
Stein Bros. X: Boyco...
Strader, Taylor & Co.,
200.000
Folger, Nolan Inc
200,000
Goldman, Sachs & Co.. 2,000,000
Clark &
t
Rand & Co..
1,000,000
!
Fahey,
2,000,000
200.000
...
& Co
Masten
150,000
Co
Emerson
L.
200,000
500,000
1,000,000
1,000,000
& Co., Inc.
&
$200,000
200,000
John C. Legg & Co
Lehman Brothers
Harris, Hall & Co. (Inc.)
York.
New
1141.
p.
would
companv
to
cash
stock,
reduce
rata,
pro
then
the
net
3
on
than
a
proposal
Churchill
proceeds,
bought
166,
with
Ashland Oil Refining:
The
transfer and registrar
company
Inc.,
stock
Oil
Refining
the
latter
110
service
P.
G.
ferred
It
struction
in
in
New
15-year 3% first mortgage bonds to finance the project.
are expected to be offered for public sale early
in April.
$10,000,000
The
earlier this month that this company had been
York State to finance $20,000,000 of housing con¬
Israel and that the SEC had approved proposal to sell
reported
was
organized
Oil
bonds
Corp.,
Co.—Acquisitions—
2
in
valued
western
at
the purchase of the Frontier
refinery at Buffalo, N. Y., and
announced
which operates
Chairman,
Blazer,
a
New
Yo-k.
announced that Ashland common and pre¬
than $2,000,000. would b« issued In
more
Frontier Oil stock.
company Is offering holders
for the
Ashland
of
the outstanding
and 0.35 share of $5 cumulative
share of common for each common share of Free¬
fractional shares will be issued.
Cash at the rate
preferred
share of Freedom-Valvoline
preferred
and 0.5
No
dom-Valvoline.
of
per full share
will be paid to holders entitled to fractions
preferred and at the rate of the last sale price of the company'#
stock
cn
the New
York Curb Exchange on the date of
$100
of $5
ever
Offered—An
underwriting group headed by Harriman Ripley & Co.,
Inc.; on March 23 publicly offered $25,000,000 first mort¬
gage bonds, 2%% series due 1980, at 102,95 and accrued
interest.
The group won the award of the bonds on
March 21 at competitive sale on a bid of 102.4352.
date
Ashland,
the company of shares for exchange or on Feb.
be earlier.
The Second National Bank of
is
Associated
Ashland,
exchange agent.—V.
171, p. 945.
Development
Research Corp.—Common
&
Stock
fered
40,000 shares of common stock
publicly of¬
Offered—Bioren & Co. on March 22
per
1, which¬
shall
Ky.,
(par $1) at $2.50
share.
received, also for 27/88, viz:
Stuart & Co.
Inc., 102.357; First Boston Corp., 102.35;
and Kulin, Loeb & Co. and Union Seeurites Corp. (jointly*, 102.22.
Halsey,
extensions,
scheduled
of
plant,
and
facilities,
construction
Regular
100%,
program
by
the
company
to
pay
for
property
redemption
transmission lines, distribution lines and col¬
general plant and equipment.
The cost of the
at $59,727,000.
is estimated
prices
for
the bonds range from
while special redemptions are scaled
COMPANY—Is
and
used
additions and improvements under a construction program
1950 and
1951.' The program calls lor construction
distribution
engaged
and
sale
in
of
the
from 103%
106'/2%
Securities
of
electric
Edward D. Jones &
to
to 100%.
generation,- purchase, transmission
energy
to the public and the
Co.
Established 1871
300
St., St. Louis 2,
North 4th
Members
electric
at
wholesale to other electric utility
companies and municipalities in an extensive territory in Virginia and
West Virginia, to another electric
utility company iu Tennessee and
to
other
electric
utility
companies in
Ohio, Kentucky
and
North
Carolina. * The company serves 1,177 communities In an area having
supplying
SL Louis Listed and Unlisted
for
generating
lateral
be
4,000
preferred shares and 80,851 common shares of Freedom-Valvoline
in exchange 1.2 shares of $5 cumulative preferred for each
Co.
receipt by
f
Appalachian Electric Power Co.—Bonds
were
and 3,000
common
Tbey will be amortized at rate of 1/15 a year.
Three other bids
March
on
stations
stock,
exchange
Corp.—Plans Financing—
stock
246.
The
Amun-Israeli Housing
cumulative convertible preferred
1,000 shares of *%%
shares of class A common stock (no par value) to be offered at $40
and $14 per share, respectively, for the account of Frederick Machlin,
Executive Vice-President, through F.
Eberstadt & Co., Inc.—V. 168,
the
153.
P.
offering wi'l be made through F. Eberstadt <fe Co., Inc., New York.
On March 8 a letter of notification was filed with the SEC covering
P.
dissolve
10 covering
shares of class A common stock (no par value) to be offered
per share for the account of Jarne,; A. Walsh,
President, The
$14
Dissolve—
to
Downs,
together
sell
to stockholders
and holders of any voting trust
outstanding.
The voting trust agreement expired on
1950.—V.
22,
other
assets
all
April
vote
distribute
and
certificates
March
will
stockholders
company,
not
filed with the SIC on M'rch
of notification 'vas
letter
I,200
at
,
the
but simply act as transfer agent for stocks
exchanges.—V. 171, p. 1141.
PROCEEDS—Will
American Gas & Electric Co.—Plans
serial
of
500,000
Inc.
the
emphasized
Bell
Illinois
offices,
on
on
and
shop
several
amounts
Co
Co..^—
&
&
Estabrook & Co
of
American Turf Association, Inc.—Plans to
The
Machine Shops—
March 16 announced that it is enlarging it3
adding new research laboratory facilities and has
contracted for the purchase from Purolator Products, Inc., of a build¬
The
machine
the
150,000
Dodge &
6%
Can Co.—Expands
American
stock.
common
500,000
Drexel & Co.__._-:
The registrar will bs the First
Stock Holdings—
Express Co., it was stated at the stockholders' meeting held on Mar. 14.
Robert L. Clarkson, Chairman, said the American Express stock held
was
for
will Fsue to American
Simmons.
Blair
Dominick
office of the Illinois Bell
National Bank of ChicBgo.
Heretofore, the company's registrar and transfer fac lities have been
maintained in New
York City,
with the company acting as transfer
agent and the Bankers Trust Co. of New York as registrar.
These
facilities
Transfer
the
in
provided
J. J. B, Hilliard & Son.
Johnston. Lemon & Co._
A. M. Kidder & Co.......
Collins & Co...—
A
and
Not to
the
of
names
principal
1
,
Cassell
F.
—V.
Telephone Co.
holders:
present
respective
Brothers
Granbery,
...
and
the company since Nov. 1, 1949. together
to purchase said shares of common stock.
Julien
40
Reserve
value;
the company
Ripley & Co.,
Ellis
Blunt
40
Statement of Member Banks
Condition
par
Armstrong: Rubber Co.—Files With SEC—
—
following committee was recently
M. J. McLaughlin as Chairman;
The
the
Watts &
William
..40
Banks
Reserve
no
parent, 6,500.000 shares of
Co. will utilize advances in
$2,700,000
Baker.
Statement of Federal
Combined Condition
the
by
to
cash,
Crouter
Rates.
Exchange
limited
issuance
cooker.
Formed—
as
and
J DeHaven
Announcements
Dividend
New
notification with the
instantaneous
Electric
Inc.
stock
No
its
Co.,
made
in
Almstedt
^
*
stock,
bonds,
series
1930
&
"
Sandusky, O.—Files—
a
the
Gas
Eache & Co
39
Redemption Calls and Sinking Fund Notices_40
covering 250 shares of common stock and 250 shares of preferred
to
be
offered at par ($100 per share),
the proceeds to buy
SEC
of
Harriman
Investment News.Cover
City Bond Offerings
—
44
State and
The
but
amount
purchased by each are set forth below;
General Corporation &
arising
Alessandro Heater Co., Inc.,
of common
class
UNDERWRITERS—The
bonds
Miscellaneous Features
discount
at
indebtedness
maximum
the
Clark,
subsidiary are engaged in the business
and generally dealing in contracts and
from the sale at retail of new and
used motor vehicles and other articles of personal property, and
of
loaning money on new and used motor vehicles and equipment in the
hands
of
automobile dealers.
Practically all of the business arises
from dealing in motor vehicle paper.—V. 171, p. 1141.
purchasing
evidences
300.000 shs.
72,000 shs.
$7.100,000 shs.
110.000,000 shs.
value)
par
to
as
Electric
&
^3,000,000
C.
its principal
and
Company
of
(no
new
$15,000,000
s
,
,
of
American
■>
of
stock
issuance
Industrial Stock Averages .29
National Quotation
1700,000 shs.
(par $100)— ._
stock out¬
Immediately prior to the amendment date into 600,000 shares
the new class of common stock.
§Prior to or concurrently with the
of
29
Markets
Stock and Bond Averages
credits
these
under
....—
Exchange—Curb Section
Over-the-Counter
aggregated $4,850,000.
CORPORATION—Incorporated in Ohio on April 13, 1936.
Its prin¬
cipal executive offices are located at 106* North Main St., Akron, Ohio.
Branch offices are at Columbus, Barberton, Toledo and Canton, Ohio.
Company has one active subsidiary,, Aid Budget Co., 95%
of the
stock of which is owned by the company.
Company also owns 100%
of the stock ol At row Services, Inc., a subsidiary, the present business
payable
'notes
Exchange
Transactions New York
'
—
Exchange.....
Curb
Stock
Toronto Stock
has
company
extended
Montreal
Toronto
1950.
30.
33,754 shares reserved
preferred stock.
$6,750,000,
$400,000
"100,000
9,644 shs.
J239.026 shs.
Exchange
Stock
Montreal
*
standing
33
34
34
35
.37
,—38
30
30
San Francisco Stock Exchange..
;
subordinated debentures:—
4'/?%
,
1949
shares
Exchange..—32
Exchange......
32
Stock
Pittsburgh
1J..J
„the automatic conversion of the 6,000,000 shares of common
Stock
Philadelphia-Baltimore
-
AS OP DEC.
CAPITALIZATION
OUTSTANDING
-
for
available
•'
be
and
series
"Unlimited
.
■
Outstanding
requirements of the instrument under which such securities are issued.
JThe company ou March 9, 1950, increased its authorized cumulative
preferred stock lrom 500.000 to 700,000 shares; authorized 10,000,000
-—
Exchange.;...-—....r.—_—.31
Midwest Stock
.
added to the company's working
expanding the company's volume of'
PURPOSE—The net proceeds will be
capital
19801.
Common
Exchange^L^_--_.-l_.-._3i
Los Angeles Stock
share./
FINANCING)
$70,000,000
28,000,000
23,000,000
...
preferred stock
series ()par $100)
4.50%
25
30
Cincinnati Stock Exchangei_..^.___^_-___^__30
Detroit Stock Exchange_i._-_.__—
30
Exchange.-.
Stock
PRESENT
TO
1977
due
Exchange.
Curb
York
New
Boston
,
due
series
4Vz%
9
21
(Stocks)
York Stock Exchange (Bonds)--—-
series
27/s%
Exchange
New York Stoek
planned to merge the Snyder Aircraft Corp., Chicago, with
the Chicago branch of Air Associates, Inc., the consolidated
known as the Snyder Aircraft Division.—V. 171, p. 1.
;
Aid Investment & Discount
.
EFFECT
mortgage
Cumulative
Page
be
fered—Otis
cooperates
t,o its
and
appi.auces
"Unlimited
bonds:
series due 1970...
3Vt»%
Stock and Bond Quotations
to
'
J Air Associates, Inc.—Proposed Consolidation—
and
sells
electrical
of
Authorized
First
3 \\%
maturity.—V.
financing
(GIVING
CAPITALIZATION
31, 1949, loans amounted
$1,866,666.
1950
due
note
al.-o
It
1,416.000.
of
and
sale
the
In This Issue
the
from
population
in
dealers
customers.
working
$1,000,000
News
MISCELLANEOUS
-
estimated
an
with
Increased—
Aerovox Corp.—Private Loan
Copy
a
New
energy
York Stock
Exchange
Missouri
'
Pho,n*
„
Midwest Stock Exchange
CEntral 7600
Chicago Board of Trade
New York Curb Exchange (Associate)
Bell Teletype
SL 593
..
2
(1258)
The
THE
proceeds
Machines
to
are
Corp.
and
be
used
Transonic
for
Corp.
loans
to
for
and
General
general
Computing
corporate
The
The
corporation
March
on
filed
9
letter
a
fiEC covering the above 40.000
shares of
notification
of
•stock.—V.
common
with
the
600
shares
February
Louis,
of
by
fit.
on
March
steps
class
(both
B
SI»
par
Chicago, and G. H. Walker & Co.,
The offering has been
completed, it was
in
taken
the
to
of
process
combination
the
enter
furnace
gas
unit
and
work-in
connection
The
of
therewith
for
sale
Is
a
Fire
and
oil
lower
oil.
The
outside
degrees
of
notes
Co.
a
Nov.
9.
products
include
Gas-A-Firc,
burners; propane
burners
which
temperature,
temperature.—V.
conversion
conversion
utilize
then
171,
Stock-A-Fire,
gas
gas
switching
1042,
p.
SEC
to
SEC
Gas-A-
down
oil
covering
from
freight.-
Mail
and
All
express
other
Total
$
7,198,741
6,529,817
Fuel,
material
and
services.—
A
~3L.II—
Interest
-
—
Rents
-
Miscellaneous
189,448,241
income
1,089,452
——
funds,
(for
and
improvements,
other
Income
tax
accruals
for
to
to
Of
$9,191,830, compared
31, 1949, total assets
144,343,
compared
Current
include
$4,535,907
representing
of
crease
amounted
Dec.
to
31,
31,
1949.
number
In
of
of
1949
two
capital
stockholders
the
1.279
$1,220,092,569,
Chase
&
dissolved
Ohio
and
inated.
the
This
acquired
decrease
a
$53,766,506.
the
hands
of
as
This
The
number of
of
T.
RR.
&
Jr.,
has
the
been
post
1948,
RR.
Those
their
ot
company reports
in
the
earnings
of
The
Benguet
31,
1949,
that
company
a
net
Vice
taking
alone
profit
^ComparisonspWith^the
Co.
be
m* I
of
reports
Common
Federal
shares
♦Earnings
per
President,
program of
Ohio System;
at
or
at
The
SEC
company
D.
the
W,
Board.
covering
for
the
fourth
Offered
to
be
to
the
used for
quarter
filed
series
of
not
trustee,
the
in
307 719
record
Sept.
at
are
$3.75
to
$100
the
date
of
and
up.
on
with
annum
the
1963,
sink ng
160, p.
Corp.,
Dec.
31,
1950,
the
stock
of
at
dividend
of
ten
cents
1950,
Ltd.,
on
an
agreement
Toronto,
company,
and
will
1950,
has
whereby
offer
to
to
been
it
the
has
general
all
1949 were offered
shares at $100
per
entitled
16
an
the
share-
to subscribe
shares
were
additional share for each
16 shares held
issued.—V. 170, p. 1078.
en¬
No
into
of
will
be
entitled
to
receive
only
shares.
President,
value
March
on
Feb,
on
157,
28,
17
1950,
said:
was
"We
equal
&
2V\%
of
headed
Co.
of
at
end
The
amendment
that
of
1950
to
March
certificates
estimated
an
March
offered
1
15,
will
be
$29,500,000—V.
1960,
with
$7,385,000
the
3Va%
SEC
convertible
amount
with
the
of
4%
debentures,
$5,991,000
series
A
series
of
and
the
$1,000,000
Columbia
interest
nounced
authorization
instalment
promissory notes
Gas System,
Inc., the proceeds to
of
3»/4<V
bearing
on
advance-:
March
16.—V.
bv
be
Column
158,
p.
766,
for
to
17,
the
years)
(ten
and
20
$2,000,000
$2,000,000
thereof.'
No
underwriting
The
purpose
redeem,
upon
of
presently
sources
of
time
which
were
pany
has
matured
on
sale
in
is
call,
upon
as
first
"in
of
not
that
large
amount
outstanding
Dec.
31,
of
$4,900
1949,
but
bonds
of
not
ot
to
used
its
to
construction
and
parent
repay
it
was
sell
The
The
in
a
Natural
letter
of
shares
offered
for
an¬
jvvHng
of
filed
publicly,
and
The corporation
recently
will
be
(par
the
SEC
Paul
placed
on
at
April
5,
they
all
by
3
p.m.
may-
of
(EST)
sucb
so
deposited,
168,
on
the
have
purchasers jdnill
1950.—V.
the
to
< r
2680.
y>,
4%
provide
of
&
Commission
Omaha
to
1
on
of'equipment
purchases.
a
March
Ry.—Equip¬
13
authorized the
certificates in connec¬
trust
The
certificates were sold by
syndicate headed by Harris,
banking
947.
p.
(&
Subs.)—February Sales 7.51%
52
were
as
1950—Month—1949
$1,388,825
units
in
operation
compared
to
51
$2,893,830
during
the
a
year
been
stated
four
$3,134,203
weeks
ended
before.
have
sales
Lower—
1950—3 Mos.—1949
$1,502,341
171,
of
in
U.
S.
dollars at
the
947.
p.
Securities Corp.—New
this
corporation
company
Opdvke,
formed
was
has
been
Control—
acquired
Chairman
new
and
by
Frank
President,
J.
Schulte,
respectively.
to
1928
since
1936.—V.
158,
and
has
been
573.
p.
in
Net
profit
after
Earnings
per
—V.
p.
170,
par,
$4,488,701
31,'4B
$5,996,99<",
132,290
83,477
189,48';
$0.41
$0.25
$0.5?
Dec.
1492.
corporation
Arundel
March
on
14
of
be
to
County, Maryland.
filed
No
letter
a
common
stock
used
for
of
SEC—
notification
be
to
offered
acquisition
of
with
at
the
par
($109
in
Anne
land
underwriting involved.
Cluett, Peabody & Co., Inc.—To
Increase Stock, etc.—
The
par
the
from
The
with
the
were
27,
with
no
the
stock
at
that
there
are
no
plan,
a
price
New
authorized
and
which
York
shall
Stock
be
plans
710.931V2
for
on
r<a
em¬
an
authorized
the
but
the
average
Exchange
for
issuance of
common
conversion
of
the directors may
treasury stock, to key employees of
of
the 30 consecutive business
on
shares
present
250,000
shares.
There
are
249,3471/2 shares reserved
second preferred stock.
the
on
increasing the
1,250,000
of
the
common
and
daily
4%
authorise
unissued
company
the
shares
the
sub¬
last sa?es
company's
comm
n
days of the Exchange commencing
days before the date of the execution of the
purche.:e
by the employee. It is contemplated that
30,000 of the
45 such business
contract
shares
will
balance
be
will
offered
be
35,600
to
offered
employees
at
the
subsequently.—V.
present
170,
time
and
that
tU«
881.
p.
Coca-Cola Bottling Co. of St.
Louis—Files With SEC
letter
and
of
shares
account
Wm.
of
F.
notification
of
common
Willard
Dowdall
R.
&
filed
was
stock
Cox,
to
with
be
the
EEC
offered
President,
at
through
Coi( St. Louis.—V.
Coleman-Pettersen
170,
The company on
G.
p.
Corp.,
March 13 filed
covering 5,000 shares of
6%
a
letter of
nonconvertible
March
on
$30
Cleveland,
Securities and Exchange Commission—
,
con¬
or
on
and
35,000
price
had
under-
April 5
1,000,000 to
plan.
proposed stock purchase
issuance of not to exceed
sidiaries
;
authority to
states
company
shares,
to
be
vote
Under the
com¬
not
will
from
purchase
additional
cumulative
com¬
covered
will
stock
stock
outstanding
other
The
common
ployees'
which
.
applied to the FPC for
June 30,'49
$4,067,587
share
covering 2,200 shares
share), the proceeds
per
amount
four
which
Dec. 31,'49
taxes
Club Estates, Inc.,
Baltimore, Md.—Files With
The
SEC
bonds
1953.
Feb.
Co.—Earnings—
Six Months Ended—
sales
Net
have
funds
of
e
as the' dtiU
mortgage issue wiJi be opened
$25,000,006 ot
which will be
first
new
Minneapolis
Commerce
March
on
1950,
President
*
statement
bonds
series
$1),
reject
•
liquidate tne large Cleveland Discount
failed for $30,000,000 in 1923.
Messrs. Schulte and
Opdyke,
who own Ledogar-Hoiner
Co., investment firm, succeeded Kenneth
L
Bliss, who joined Cleveland Securities
Corp. in
been
stock
with
deposited;
may
which
2,000
common
involved.
sale
offer,
shares
new
and George F.
registered
Gas
notification
non-
the
the
Club Aluminum Products
Corp., Charlotte, N. C.—Stock
Privately—Construction of Pipelines Planned—
100,000
$17
shares
redeemed
maturing
bonds
had
of
new
Co., Inc —V. 171,
28,
The
presented for
redemption,
$1,330,900 of bonds of series
five
which
mature
$173,500 in
1950, $89,300 in 1951,
$136,700 in 1952, $827,000 in
in
1953, and $104,400
1954.—v. 145, p. 3190.
and
deposited
are
exchange.—V.
Co.,
series A,
principal
to
the
be
Made
each
They
equip¬
shares
mortgage
or
part
such
may
par
the
40,000
tentatively selected by this company
NOTE—1950 Canadian
official rate of
first
of
shares
they
or
of
before
or
new
mortgage 5% bonds
denominations of $100,
$500,
100%
involved.
is
registration
six
with
and
par)
Trust Certificates Authorized—
There
B
seven
excess
of
its proposed
Interstate
&
Feb.
company."
The
company also "is
contemplating im¬
its facilities and
deems it advisable to
refinance at
to
the
series
series
offered
bond
or
a
are
outstanding
tht
provements
the
maturity
filed
of
of
years), which are to be
$1,000
at
prices which
and
this
March
on
($5
part.
-
financing consiscs
for
stockholders
corporation
SEC covering
statement
stock
($50
S. A.—Offer
shares,
shares
been
bids for
Childs Co.
company
debentures,
conversion of the debentures
and 26,045
from the
registration.—V. 171, p. 358.
The
the
excess
Period End. Feb. 28—
Sales
Etc.—
for
Carolina
Placed
issue
on
has
28
railroad
Hall
the
Canada
new
the
company to issue $915,000
tion with
new
equipment
the
debentures exchanged for
debentures, have been removed from
registration.
addition, the company stated that 306.280 $1
par common
removed
common
stock
the
Sugar Co.,
50,000
shares,
both
The
3V2%
reserved
registration
.
than
both for
ment
income
B,
a
its
of
2.
p,
Feb.
on
-
filed
21
all
of
some
Control
Inc.—Exchange of Debentures,
filed
about
1952.—V. 171, p. 1042
Jr.,
in
by
be
on
preferred
on
shares.
proposed
sur¬
for
inclusive.
secured
171,
rate
Chicago St.
by Dominion Securities Corp., Ltd.,
on
additional
expansion.
will
was
equipment trust certificates of
1950, due $1,000,000
99.53.
cumulative
Cleveland
Toronto,
It
"A"
upon
$8.84
an
money
and
purposes
to
refund
$12,500,008 out"
money purposes and to refund
$12,500,000 oufcstandr
ing 41/2S due 1977. The latter become callable in
Canadian
understand
to
vote
and
for
1950
a
wiih
preferred,' the offering prices and the
terms are to be disclosed
by amendment.
The
First
Corp. and Blyth & Co., Inc., are named as
underwriters,
which
sold
1419.
p.
its
dividend
less
The
with
all
class
cash
shares
$3,500,000
in
create
share.
Chicago Burlington & Quincy RR.—Plans New
Financ
A
Binghamton (N. Y.) Gas
Works—Notes—
of
such
been
Newfoundland)
in
March
on
deposit date, in acceptance
right to either purchase all
meeting
purchase
shares
new
to
$50),
per
.
If
1950
dividends
shareholders
(except
their
31,
entered
will
the
expenditures
would
shareholders
special
a
also
may
Value
at
as
will
(par
$2.45
reducing the present authorized
preferred stock, par $50, from
200,000
shares to
thus
eliminating
120,000
unissued
shares.
company
purchase
on
Jan.
share
per
of
proposal
than
approximately
construction
a
stock
more
Empire Trust Co.,
as
agents
for
purchasers, ■ is offering to
purchase 50,000 shares of $9.50
par value capital stock of
the sugar
company at $17 per share.
If
50,000 or more shares are
deposited with the bank
by 3 p.m.
(EST) on April 3, 1950, in
acceptance of the offer, the
purchasers
will purchase the first
50,000 shares so deposited.
Under the plan, the
purchasers
purchase
America
Asset
as
on
preferred
40,000
provide
Violeta
Share—
sold
company's
to
The
unborrowed
Ltd.—Net
to
vote
exceed
Central
219.
Bank
on
not
'
and
par
to
V\%
on
outstanding.—
of
to
Federal Power Commission
before
or
based
proceeds of the financing will be used in
part to pay $1,000,000
currently outstanding construction loans and the
balance will be
applied toward the cost of the
company's 1950 construction
program,
estimated at
$5,000,000.—V. 170, p. 1595.
11
sale
30,
Capper Publications,
Inc.—Registers With SEC—
call
Proceeds
15,
least
per
the
of underwriters
like
a
been
the
was
the
of
presently issue
that
will
31
shares
covering 125,000 shares
shares
72 020
$6.22
to
$0.78
and
now
underwriting
exceeding
1950.—V.
The company further disclosed that
$697,000 4%
r
In
letter of notification with
the
2-21-50 investment
agreements, to be
,anc* stockholders holding
were
SEC
Boston
Dec.
held
now
27,
as
for
due
to
shares
shares,
The
be
debentures, due
1960, registered with the SEC,
$5,991,000 have been exchanged for
$2,995,500 4%>
debentures, series A, and $2,995,500 4%•
convertible
income debentures, series
B, both due 1960, under its
exchange plan.
The balance of
$1,394,000 oi 3J/2% debentures are
unexchanged and
remain - registered.
the
1948
2%
payable
share."—V.
costing
together
$4,938,979
applied
payable
of
be
Canada
priced
an
a
right to subscribe for
846 additional
common
rights expired Oct.
1, 1949. Each stockholder
fractional shares
York,
bonds,
prices
Ltd., residing in Canada
reinvesting the proceeds of
McLeod,
disclosed
ended
are not avail-
6
A
Capital Airlines,
Biddeford & Saco Water
Co.—Rights to Stockholders—
The common
for
New
proposals
171, p. 847.
valufe
Bell, Gouinlock
were
in¬
89 880
accrued
of
April 3,
their
group
In
equity
585,379
public at face value in units
of
social welfare
purposes,
to subscribe
at
March
on
Corp.,
of
"A"
pany
Vtli
titled
of
sum
noon
semi-annually from Sept. 15,
C,
Foundation, Inc., Indianapolis, Ind.—Files
stockholders
of
gold
$202,225
stock
$10)
Financing—
March
on
stockholders
Net
inviting
$1.08
preferred
(par
cumulative
The
City
is
accepted
12
notes
rate
Investors
the
of
I.
ment
$7,178,806
share
of
the
share.
liquidating
A
Mr.
Show Large Gain—
preference dividends
stock.—V. 171, p. 101.
$400,000
the
Y„
$0.43
on
stock
Registers With SEC—
Canadian National Rys.—Offers
Equipments—
2.
p.
consideration its
taxes
14
to
cost
debt
Arizona
estimated
80,000
corporate purposes.
stock to present share¬
the
May 1,
close of business March
27.
ratification by shareholders at
on
$22,000,000
corresponding period of 1948
March
the
of
class
and
of
on
of
dividend
$8,300,000.
1678.
p.
of
N.
March
will
to
outside
(five
{The) Best
is
$2.50
are
of
of
project,
estimated
to
of common stock and
1950—2 Mos.—1949
$21,823,564 $46,543,128
$42,163 272
1,602,457
4,259,650
2,920^894
$0.47
common
of
planned
It
publicly
by Wood,
proceeds
miles
capacity
1950—Month—1949
for
of
120,000
dividend rate
common
of Corporate Investors
Ltd., without surcharge.
Shareholders
Canada
(except Newfoundland)
will
accordingly have the option
surrendering their shares for cash at the net asset value
per share,
of
reinvesting in full shares of Corporate Investors
Ltd., stock
their
liquidating value.
Shareholders
residing in Newfoundland
or
the
___
,
The
372
aggregate
946.
were
13
the
by the sale
share
shares
issue
annual
is
general
shares
The
in
succeeding
ot
outstanding
common
♦After payment
Of the preference
and
privilege
of
1949
".7r~~7
after
allotment
Investors
per
Corporate
be
$116,766.
Hedges—Earnings
profit
associates.
and
shares
that
1,858,502
stockholders
a
1042.
March
on
mortgage 4%
be
to
The
asset
held
assets
elim¬
will
existence
company's
Chairman
into
Year Ended Dec.
31—
Net
common
share
an
1042.
Plans Preferred Stock
The
of
approximately
having
and
Line
proceeds
to be used to retire
$4,875,500 bank loans and the balance
for additional
working capital.
new
per share, compared with $11.58
per share
preceding fiscal year.
Net income available for
Subject
to
holders,
and
A.
cents
record
-1
and
Benson &
and
$12.05
declared
the Baltimore &
reduced from 107 in 1941 to
68.—'
elected
of
S.
net
the
45.9
of its subsidiaries, Balatoc
Joining Co. and
..WeoJ/i dumber Co-,-consolidated
net profit for the
fourth quarter
Dec. 31.
ended
1949; was $88,673.
Dec.
par
per
166,
Bank
will
up
interest
an
was
Benguet Consolidated Mining
Co.—Earnings—
The
no
stated
financed
p.
com.
Central
The
p.
construct
lines
dis¬
Pipe
Light & Power Co.—Bonds
Placed
Privately—The company in February sold
privately
$5,000,000 of first mortgage 2%% bonds, the net
the
$2.50
declaration
Higher—Sale Proposed—
de¬
a
when the
subsidiaries
corporate
the
Ellithorp had been Executive Vice-President,—V.
171,
terest
at
be
providing
p.
March
Beech-Nut Packing Co.—New President—
assumes
time.
expansion
in
first
exhaust
Canadian
$14,-
was
20,240
31,
Chicago
Co.
to
furtherance
subsidiaries has been
Ellithorp,
and
York.
balance of credit.—V.
May 21.
who
to
interest
&
have
Commercial Corp.—Loan Placed
Privately—
The corporation has borrowed
$2,000,000 from John Han¬
cock Mutual Life Insurance
Co. on a subordinated
loan
bearing interest of 3%%, it was announced on
S.
offered
the
on
authority to issue $2,000,000 promissory notes
N.
Bankers
J.
action
no
this
at
Toronto,
of
Proposals
render
Arkell,
took
$26.12 Va
given
New
amount
Investors
1141.
p.
of
Dec.
simplifying corporate relationships within
V. 171,
Ltd.,
The company on
for
ownership of all the properties
Ohio
incident
in
is
in
than
direct
&
Southwestern
expense
action
be
to
with
be used for minimum operation
capital.
additional
at
National
Street,
an
The
total
was
less
subsidiaries—Baltimore
Baltimore
stock
common
notification
Gas
day.
taxes
per
171,
Ky.—Files
California Electric Power Co.—To
Borrow from Bank
21.519.
was
company
of
after
♦Earns,
excess
was
1948.
1949,
stock
This was
letter
a
also
171,
Transcontinental
$22,137,488
Profit
3,764,480
replies to the company's
petition to reopen the record to
admit",
evidence that the
agreed purchase price of $150,000 is not
unduly high.
171, p. 847.
were
$8,997,275,
company's
Louisville,
would
13
per
Period End. Feb. 28—
request
—V.
compared with $62,763,781 as of Dec,
31, 1D4S.
1949, total liabilities amounted to
$994,518,674. This was
total liabilities, Dec.
31, 1948.
The net decrease of
$9,668,115 between total assets and total
liabili¬
ties, Dec, 31, 1949, compared with Dec.
31, 1948, is due to the reduction
in
outstanding debt.
31,
Co.,
application
♦After
to
.
As of Dec. 31,
The
27
The ICC on March 2
postponed the effective date of its
order au¬
thorizing the company's abandonment of 14.2 miles cf
track between
Union and Pride. S. C. and
the sale to Southern
Ry. Co. of the remain¬
ing 4.6 miles of track between Union
and Buffalo, S. C.,
pending filing
of
$23,812,458 less than
Dec.
March
of
feet
Sales
686.
p,
to
proposes
cubic
to
North
with
sought.
Caterpillar Tractor Co.—Sales and
Earnings Up—
two.
Buffalo, Union-Carolina Railroad
Co.—Postponement
ad¬
an
$11,405,734.
Dec.
Cramp
Co.,
also
consisting
$7,332,200,
&
the
Connection
is
securities.—V.
per
1949
represented by equip¬
carrying an interest rate of 2Vz %.
31, 1949, amounted to $90,882,006, a decrease of
with $100,073,836 as of Dec.
31, 1943.' On Dec.
with
liabilities,
The
common
'
that amount $4,440,000
Dec.
of
fund.
certificates
assets,
400.000
be
accrued
equipment obligations in the principal amount of
$5,077,000
trust
usually due
development
sufficient
22,158,295
was
due principally to reduced
stoppages, and further rises in oper¬
31, 1949, the company owned 355 Diesel locomotive units—
84 freight, 58 passenger, 28
helper and 185 switching.
Outstanding system funded debt obligations
amounting to $7,525,500
were purchased or retired
through sinking fund operations in 1949,
In
addition, maturing equipment
obligations amounting to $12,589,914
were paid.
Current
of
14
stated.—V.
work
As of Dec.
ment
shares
March
on
Canada
Co.,
ft,
showing
Roy B. White, President, in the annual
report, said in
incurred in 1949.
the
Feuer
higher of
of Jateral
pipelines to supply natural
gas
serving manufactured gas in
communities in
company
pipeline,
Buffalo & Susquehanna RR.
Corp.—Tenders—
part—
New
until
170,
filed
proceeds to
will
250,716
6,869,827
..———
of
in
L
The
years' income taxes which amount had no relation
operations.
Excluding this adjustment, net income for 1949
1949
10
involved.
was
it
justment of prior
would have amounted
net
Preference
sinking
purposesi—
NOTES—The unfavorable
traffic volume resulting from
ating cost levels.
100,006
the
total
Broad
Net
persons
Insurance
holders, it
122,893,503 134,772,985
28,537,943
30,975,43U
25,373,643
25,323,806
8,547,208
3,790,741
Taxes
interested
March
on
dividend
offered
used
170,464,073
—
the
as
growing out of their
between Blue Riage and
application.—V.
Life
directors
Gundy
wages
for
system
now
140,000,000
The
Expenditures:
For
The
British American Oil
Co., Ltd.—Stock Offered—
363,775,654 406,720,264
...
bid
Spiegelberg,
7,829,096
7,067,637
income
and
accepted
171,
14,478,500
sources--
price
company paid 25 cents
each on Jan. 1 this
year and July 1 last year and 50 cents
on
April 1
last year, but there was no
disbursement in October, 1949.
The regular
quarterly dividends of 37 V2
cents
on
the 6%
prior preferred and
31V\ cents on the 5%
preferred stock were declared,' both
payable
April 1 to holders of record March 20.—V
1948
14,025,653
—-—«—-—
Ripley
was
to
a
Carolina
Corp. system
Botany Mills, Inc.—Omits Common Dividend—
313,560,900 353,289,835
21,922,718
24,593,016
Miscellaneous
a
to
common
*949
Passenger
given
the
underwriting
fuel
as
$
Income
has
company
per share,
No
Ohio RR.—Annual
Report-
Year Ended Dec. 31—
affiliation
upon
Bluegrass
The
The
Baltimore &
Harriman
Ripley bid
the
invitation
an
With SEC—
burners.
burners;
fuel
as
at
V.
1953.
gas
struct
South
'
issued
to
of
hearing
parts
issued in
and
assets
due
furnaces;
conversion
predetermined
a
at
4%
of
stock
January
Monday, March 27, 1951
tributors
an
exemption order
Ripley & Co.. Inc., of
Har'iman
coolers,
space
other
and
in
Harriman
the
The
Nov,
engaged in the heating business and now
line of central house-heating devices using
conversion
Dual-A-FIre
air-conditioning
same,
$230,682
already
complete
coal, gas or
and
Oil-A-Fire
Oil-A-Fire,
the
for
fuel
as
completed
process
company
offers
dated
Manufacturing
inventories
Ridge
in
one-
air-conditioning
and
low-priced
a
for
holdings
Cramp;, the transaction
Harriman Ripley
is
prohibited
by terms
of
the
Investment
Company Act unless an
exemption order is issued by the
Commission.
air-conditioning field
developing
SEC
Cramp Shipbuilding Co.
share.
per
common
being
Cramp Stock—
the
to
.
Blue
Because
"Fridg-A-Fire."
The
corporation, under contract
1949, purchased from General Engineering &
certain
$28.52
and
called
9,
in
Co.,
15.
applied
the purchase from it by
shares of common stock of
30,000 shares of Cramp common
stock
constitutes
approxi¬
mately 13.7 % of the total outstanding.
Harriman Ripley now owns
178,084 shares, or approximately 80.9%, and the
remaining 10.371
shares are held by about 140
stockholders, according to the appli¬
cation.
and
made
was
has
CHRONICLE
The
stock
common
Conditioning Field—
is
company
unit and a
room
&
are
the
-and
stock
common
share.
per
To Enter Air
Presently
A
Dempsey
$3.50
at
announced
class
7,000 shares of
corporation
30,000
170, p. 298,
Automatic Firing
Corp.—Secondary Offering—
secondary offering of
FINANCIAL
permitting
ol
A
&
Blue Ridge Corp.—Sale of
pur¬
poses.
COMMERCIAL
per
H.
9
covering
share
Walker
1911.
for
;he
&
Co.
•
O.—Files
1
With
,
notification with the SEC
preferred
stock
(par $20)
Volume 171
Number 4893
and 15,000 shares of common stock
at par and the common at $3
per
for
new
equipment,
retiring
THE
(par $1), the preferred to be offered
share. The proceeds are to be used
three-year
a
term
bank
loan
and
shares
the
Holders
on
of
to
the
The
until
Dec.
9,
Holders of
required
to
11,
1950.
The
had
offer
been
scheduled
the
ordinary
shares
their
Co., New York, N. Y., at
desiring
certificates
to
accept
said
for
issue
to
before April 11,
or
said
to
1950.—V.
because
of
the
offer
series,
3.60%
fully
are
all
Irving Trust
171, p. 650.
cumulative
effective
SEC
corporation
covering
offered
at
990,000
25
ceeds
of
per share,
director and
a
to be
are
shares
cents
Wash., who is
used
in
filed
13
letter
a
of
notification
stock
common
(par
cent)
one
through Leverett G. Tollman
officer
an
of
the
with
purpose
ment
of
corporation.
the
to
to
stock.
sell
proposed
gold mining development.
the
Th
stockholders
directors
tal
to
stock
retire
If
'Is in
not
the
or
otherwise
or
directors
29
to
be
of$53
expend
share.
per
exchange,
requirements.—V.
capi¬
and
plan
a
transfer
Tenders
tender
no
inviting
or
at
will
the
be
stockholders
lowest
which such
be
portion
of
for
the
authorized
issued,
operating
170, p. 784.
such
amendment
amendment.
the
class
will
not
value
the
the
of
subsidiaries
are
for
subsidiaries
such
engaged.
The
the
new
and
its
of
other
or
may
of
in
may
but it is presently anticipated that the
major
proceeds will be used in the acquisition of instalthe receivables in the regular course of business.
amendment,
the Eoard of Directors will be
provisions applicable to each series
others, the dividend rate, the redemption
rights, if any, and the sinking fund and pur¬
certain
1949
Sales
1948
tfhich
upon
such
but it
1947
profit
income
$6,464,597
$8,280,215
2,434,611
1,678,762
__—
is
not
intended
to
CAPITALIZATION
.
provide for
$8,560,760
income
$8,899,208
$9,958,977
9,255
„_
1%%
GIVING
33,189
93,233
,
disposal of fixed assets
on
43,138
2,143
EFFECT
TO
2,725,000
589,481
299,314
$5,955,247
$6,504,865
$6,064,196
3,224 436
3,224,436
of
$4.03
$3.76
foreign taxes
on
profit
.Dividends paid
Earnings
share.
per
♦After provision of $3,061,579 in
in
1947
for
depreciation,
1949, $2,776,688 in 1948 and $2,646,and amortization.
depletion
*
NOTE—The net assets of foreign
subsidiaries,
■equivalent,
current
51,324,738
45,604,741
32,270,017
33,294,597
32,084,723
32,266,268
24,407,169
and
Feb.
1,
included at U. S. dollar
aggregate $616,934 in 1949 of which $359,395 represents net
assets.
■
-
3%
due
note
3.95%
Per
Total
CONSOLIDATED
.
BALANCE
(oil
Crude
50,000,000
»
Cash
$5,283,408
,
U. S. Government
♦Marketable
Accounts
obligations
securities
receivable
(at
(at cost).
tlnterstate
shares
Natural
capital
Mississippi
River
capital stock
Gas
Co.,
Inc.,
Blair,
R.
804,490
Fuel
Corp.,
111,492
(bbls.)
Patents,
goodwill,
1,154,758
353,805
353,805
*
(net)
318,820
298,169
31,854,777
28,337,751
1
1
charges
etc.
_
803,679
611,056
$51,735,854 $48,825,527
_
foreign taxes
for
Minority
!
Capital
$1,969,086
$1,963,538
2,545,146
2,647.569
410,000
460,000
income
cn
1
taxes..
interest in
slock
861,084
1,612,218
861,084
1,723,328
stock
1,346,917
—
of
nc
value
par
v
'#.
13
•'
Co
&
Becker
&
Co.
21,849.354
21,849,354
22,427,876
-w—,—,—
19,697,065
Bear, Stearns & Co
Salomon
Bros.
Brown
Hutzler__
&
Sons.
&
'
market
♦Quoted
tQuoted
§After
$51,785,854 $48,825,527
market
value,
price
for
reserves
$1,052,583
$4,288,710
depreciation,
1949
in
in
1949
and
$1,045,233
and
depletion
1948.
in
in
$2,859,140
amortization
and
Co
Higginson
Corp.——
Legg & Co
—
Co.—Unconverted
Hutton
rights
Robert
W.
Baird
Inc.
&
Ellis
Julien
1.7
Blair
&
&
3.60%
cumulative
preferred
1950) have been underwritten by
headed
(as
stock
stock still
a group
March
of
13,
of underwriters
by Kidder, Peabody & Co. and the First Boston
Corp.
&
Collins
Clement
A.
Langley & Co.__
Allyn and Co., Inc.
&
&
&
See
also
B.
Marache
all
1950
Credit
business
chase
as
the
not
Prior
the
to
March
on
such
common
for
redemption
stock
stock
each
the underwriters
of
the
above
to
have
shares
on
share
prior
of
the
agreed
of
April
which
close
to
common
of
pur¬
stock
&
Co.
*
Schmidt,
Schwabacher
Jaffray
Co
Hopwood
&
Poole
&
&
of
Co
for
are
expiration of
the
may
be
may
right
offer
varied
to
and
each
convert the
sell
shares
24-hour
preferred
of
common
period
stock
1950,
$60.3657, and not greater than the last sale price of the common stock
on the New York Stock Exchange in the last preceding 24-hour
period
in which
the common stock was sold on said Exchange plus
the
commission.
Exchange
Stock
After
the
expiration of the right
underwriters may make
stock, the several
or more
private or public offerings of common stock at
determined.
Between Jan. 1, 1950 and March 13, 1950
preferred
the
convert
prices
an
to
to
one
be
aggregate
87,400 shares of the common stock were traded on the New York
Stock' Exchange at prices per share ranging from 57'/2 to 64%. The
of
price on March 23,
last sales
As
of
March
reserved
ferred
13,
for
stock
The
Chase
New
York
issuance
may
be
National
15,
N.
1950 was 62%.
158,845 shares of
1950,
outstanding,
remained
and
277,978
shares
3.60%
of
preferred
common
stock
stock
were
upon conversion thereof.
Shares of 3.60% pre¬
converted at the office of the transfer agent,
Bank of the City of New York, 11 Broad St.,
Y.
PROCEEDS—The net proceeds to be
131,904
176,502
16,645,661
14,575,090
152,660,205 136,635,762
1,872,358
1,160,261
1,682,576
1,553,595
23,242,034
incl.
for
Federal
25,519,534,
13,170,991
provision
22,425,714
in-
payable
to
note
,S.
401,166
283,102
U.
4,636,015
327,242
710,000
notes
852,000
Govt.—due
payable to
bank
717,783
162,619
insurance
annuities
for
(par
250,000
464,991
value
$5
each).
31,
1932—_«
surplus
If
563,487
860,803
contingencies
stock
623,475
169,480
250,000
™"
credits
826,005
24,397,499
24,397,499
!______
54,876,256
54,876,256
147,521,710
130,717,959
—„;
271,293,803 261,949,817.
i'
\
'
■
the
on
last-in,
below
or
first-out
cost.—V.
170,
basis,
2128.
/
p.
.
,
lower
than
corporation
has
and
just
Wolff,
licenses
concluded
Ltd.,
Harland
important licensing
an
British
and.
marine
Wolff
to
engineeiing
build
and
contract
iirm.
This
certain
sell
types
Cooper-Bessemer
171,
1147.
p.
Juneau
.4
Lumber
Co.,
Co.—Subsidiary in Liquidation—
Inc.,
Juneau, Alaska, on Feb. 8 notified the
100,000 shares of preferred stock at par
share), the proceeds to be used to purchase the
property of
Juneau Spruce
Corp., a Coos Bay subsidiary, which is in process of
liquidation.—V. 170, p. 301.
SEC
of
per
.4
its
proposal
to
sell
Corporate Investors, Ltd.—Proposed Acquisition—
See
.4
Canadian
Investors
Corp., Ltd. above.—V.
158,
1439.
p.
.4
Cribben
A
letter
&
of
Sexton
notification
shares
of
price
($4.50
per
well,
the Federal Power Commission
p.
authority to change the authorized capital stock from 500,000 $25
shares to 1,250,000 $10 par shares to effect a 3-for-l split.
There
228,636 shares of $25 par outstanding.—V. 171, p. 660.
Co.—Files With SEC—
common
share
was
filed
March
6
stock
(par
$5)
be
or
Indianapolis, Inch,
more
)
for
director.
a
2207.
to
the
No
with
the
offered
account
of
underwriting
SEC
at
covering
the
Robert
market
C.
Cald-:
involved.—V
'
Cuddy Mountain Mining Co.,
Spokane, Wash.—Files—
The
SEC
Consolidated Edison Co. of New York, Inc.—Purchase
of Staten Island
Utility Approved—
(10
to be
The N. Y. Public Service Commission has approved the proposed pur¬
V.
this company of control of Staten Island Edison Corp. for a
base price of $10,720,000. The latter, which serves 55,000 customers, now
is owned by General Public Utilities Corp., a holding company v/hich
been
purchase
the
used
167,
to
complete purchase of,
and to develop
a
in Idaho.—
mine
1468.
p.
by
Curtis
.
had
company on March 17 filed a letter of notification
with the
covering 1,000,000 shares of common stock to be
offered at par
cents per share), through
Explorers, Inc., Spokane, the proofs
ordered
proposal
deadline
divest
to
must
specified
171,
be
in
itself ol'
the
Staten
by
purchase
approved
the
Island
company.
The
before March 28,
agreement by
Consolidated
the
SEC
1147.
p.
A
500
Publishing Co.—Files With SEC—
letter
notification
of
shares
of
prior
through
Hecker
Trustees
of
—V.
170,
the
&
filed
was
preferred
Co.,
Curtis
March
stock
Estate.
There
9
be
to
Philadelphia,
is
with
The
no
the
offered
Pa,
at
SEC
$53
proceeds
covering
share
per
to
go
received from the sale of such
Consolidated
Engineering Corp.—Files With
SEC—
letter of notification with the
SEC covering 1,000
stock (par $1) to be sold di¬
rectly to Robert L. Smallman at $5 per share the proceeds to be used
for working capital.
No underwriting involved.—V. 171, p. 1047.
The
corporation
March 6 filed a
shares of common
Dravo Corp.—Awarded Air
The
on
a
corporation
contract
The
contract
tilating
of
William
States
Consolidated Gas Utilities Corp.—Financing in
1949—
According to the annual report, the company during the fiscal
year ended Oct
31
1949, sold $1,000,000 first mortgage sinking fund
bonds, series C, due Sept. 1, 1969, to holders of its series A and B
bonds.
While the purchase agreements weer all signed prior to the
close of the fiscal year the bonds were not authenticated and delivered
until Nov. 10, 1949.
The proceeds from the sale of the new series C
bonds were used for new construction and to increase working capital.
Prior
the
to
sale
from
$300,000
of
banks,
the
series
C
bonds
pending sale of
the
the
new
company
had
borrowed
bonds.
company
A
and
retired
$314,000
of
its
3%
series B 3s and $33,000 25-year 3%%
the
40-story
Place
Corp.
contract
was
first
complete
structure
Corp.
The
subsidiaries
awarded
Conditioning Contract—
announced
23
the
to
it
has
been
awarded
new skyscrapers.
heating and ven¬
under construction by the 525
conditioning,
now
building
and
that
Pittsburgh's
of
air
will
Mellon
Dravo
be
occupied
National
Corp.
Co., general contractors for the building.—V.
by
171,
Bank
Turner
p.
&
by
United
Trust
account
ct
the
fluctuations
in
the
rates
of
exchange,
remittance
for
foreign
subscriptions
and
advertisements
must
Co.
Construction
751.
Dayton Power & Light Co.—To Increase Stock—New
Financing Reported Planned—
The
stockholders
common
leasing
to
first mortgage bonds,
debentures through
the sinking funds.
The bank loans amounting to $500,000 and matur¬
ing May 22, 1949, were paid in full before maturity.—V. 171, p. 750.
The
series
he
March
on
condition
covers
Penn
Steel
The
air
to
on
officers
and
in
1950
scheduled
gram
13
will vote
on
increasing the authorized,
employees.
The company expects
t*es
April
stoek from 2,000,000 shares tc 4,000,000 shares, and on re¬
50,000 shares of such increase from preemptive rights for sale
to
to
presently
to raise $15,000,000 through the sale of securi-,
finance
cost
part
$94,263,000
is 81%
of
its
over
completed.
construction program, which is
1946-1952 period.
The pro¬
the
It is reported
that between 200,000
Commercial and Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place
New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor_and Publisher;
William Dana Seibert,
President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue)
with a statistical issue on Monday].
Other
offices:
135 S. La Salle St., Chicago 3,
111
(Telephone State 0613);
1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1950 by William B. Dana Company.
Reentered
as second-class matter
February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of PanAmerican Union,
$35.00 per year; in Dominion of Canada, $38.00 per year.
Other Countries, $42.00 per year.
On
the
commitment.
underwriting
2023.
p.
The
NOTE:
169
.
stock,
commencing
but which it is Intended shall not be varied
24-hour period except that such price may be reduced
such period, such price, however, not to be less than
any
6,119,919
advances—
Coos Bay Lumber
.4
Co
Singer, Deane & Scribner—
applied to
26,220,525
33,787,642
6,271,220
assets
taxes,
Harland
—V.
1146.
March 6
26,301,222
engine-driven equipment to many countries now
included in the sterling area.
Payment of royalties to Cooper-Bessemer
in dollars has been
approved by the
British
Ministry of Supply..
1.1
on
20,242,029
25,184,736
29,014,502
approxi¬
;
and
2,000
company
(which
taxes
($11
.4
Graham,
p.
cost
271,293,803 261,949,817"
agreement
.4
Piper,
$
15,267,998
Cooper-Bessemer Corp.—Signs British Contract—
.4
Pacific
1.1
171,
at
surplus since Dec.
The
v
.4
1.1
1.1
1948
17,739,913
payable
1
with
Community Public Service Co.—Plans Split-Up—
Edison—V.
conversion.
which
any
within
for
called
preferred
of
and
1950,
company
15,
within
shares
underwriters
price
a
cumulative
1%
4,
used
several
the
at
April
on
from
are
into
has
Company
3.60%
of
convertible
current
,
.4
Northwest
31
.4
Lunt
1.1
.
(Inc.)—
Co
V.
securities
Total
.4
Chapman & Co.
1.1
(Inc.)
Co
DEC.
hand
on
♦At
cost,
determined
aggregate market.
TAt
Co.,
Johnson, Lane, Space and
Co., Inc.
Kebbon, McCormick & Co.
<
1.1
Co
Noyes,
Parsons
1.3
Co
&
SHEET.
market)
Earned
.4
Co
Evans
Inc.
.
&
chase
Commercial
14,
is
Govt,
and
Purchase obligations and notes
Other current liabilities—
reserved for conversion of the outstanding 158,845 shares
of
banks
come
,
.6
.4
Hilliard & Son
Hallgarten
BALANCE
'
155,653
1949
Capital
Cimmons
J. J.
Estabrook
155,974
LIABILITIES—
Co.,
Co
Hamlin
&
192,892
Property, plant,and equipment (net)
Unadjusted debits and sundry assets
Prepaid insurance, royalties, taxes, etc.
.4
1.3
$42,-
Stock
in
S.
.4
:
1.5
Co
Republic Co.
217,776
ASSETS—
.6
Co.-
&
Spencer Trask & Co._.
Watts
243,594
-
Lerchen & Co
Whipple
Bacon,
Clark,
Baker,
1,858,222
269,620
(acres)
.8
.8
.6
Granbery,
C.
27,530,001
2,009,441
Options held (acres)
Royalties
and
mineral
Capital
&
1.7
A.
33,310,194
2,756,246
31
.6
California.-
of
Farwell,
par
Underwritten—The 277,978 shares of common
Co.--..
1.7
._
&
38,305,703
189,350
Dec.
(net)
Reserves
1948.
of
Common
Watling,
>
1.7
&
Co
Dodge
43,489,990
28,885,470
38,779,454
4,187,624
held
1.0
Blunt
The
Credit
&
5,764,690
34,595,826
38,742,894
Acreage
1.0
Co
1.7
&
5,271,337
43,818,491
48,508,646
45,832,427
(bbls.)
for
W.
Shields
5,548,282
oil
Sales of crude oil (bblstf
1.0
&
Co
Co._„_
Pomeroy, Inc.
1.7
Jackson
22,307,284
oil,
crude
for
•
.4
Webber,
28,426,227
(non-current)
.4
C.
37,796,068
33,628,342
Sales of refined products
Reserves
Ball, Burge & Kraus
John
40,241,536
5,400,169
Reserves
1.0
William
&
38,308,687
-44,557,996
Deferred
1.0
Co
1.7
372,098 in 1949 and $39,957,176 in 1948.—V. 171, p. 358.
Commercial
1.0
Hornblower & Weeks
Hutton
crude
of
payable
annually to 1955
Purchase obligations and
1.0
1.7
E.
40,553,229
43,798,495
32,534,719
(bbls.)
1.0
Hayden, Stone & Co
Hemphill,
—-
Co.
Schoellkopf,
1.3
Alex.
&
&
Kidder
Pacific
1.8
Harris, Hall & Co.
Total
Inc.
Pressprich
Walker
Witter
M.
A.
2.6
Central
(outstanding
shares)
Earned surplus
3.3
3.3
Weld
Inc.__
Inc.
Baker, Weeks & Harden.Whiting, Weeks & Stubbs-
3.3
3.3
W. C.
subsidiary companies—
Surplus
Capital
Beane
Curtis
payable and accrued accounts
and
Reserve
H.
Dean
White,
Paine,
LIABILITIES—
Accounts
G.
Co.,
.Robert Garrett & Sons-
Lee
Total
W.
&
35,233,233
(bbls.)
Purchases
Mortgage
1.1%
Dominick
R.
Smith, Barney & Co
G.
&
Folger, Nolan Inc
Mitchum, Tully &
Lynch, Pierce, Fen-
&
ner
Rollins & Co.
3.3
Ripley
34,980,359'
75.63
'
crude
I
Inventory of
-
agreed, sev¬
the following
Boyce
3.3
3.3
Merrill
&
Inc
Harriman
A,
1
(net)
Deferred
1
•
_
security investments
Notes, accounts receivable, etc.
assets
shares
804,490
have
Dillon & Co
Co.,
(bbls.)"
Total
2,278.973 shs.
S. Dickson & Co.,
Dominick
3.5
&
15,294,939
processed
Accounts
below
Bros.
7.9
Securities
Union Securities Corp.
142,957
stock
Other
§ Fixed
5,675,336
(at cost)—
Stein
3.9
Sachs & Co
Eastman,
70.75
20,091,052
■ •
'
*
above.
named
Goldman,
3,471,150
6,721,088
i
Investments
7.9%
Inc.
884,470
3,768,652
<net)_.
Inventories
$7,234,541
876,749
23,000,000
The First Boston Corp
1,000,385
ccst)___
25,000,000
23,000,000
underwriters
Kidder, Peabody & Co
Blyth
1948
62.51
20,158,994
44,440,398
Investments
.
'
25,000.000
1964______
to
Corp.
1949
_.
crude -
of
runs
oil
Other
41,500,900 r
50,000,000
1957
1,
jointly,
63.14
17,495,817
oil (bbls.)
^
Accrued
not
net
production
Pipe line
mates
35,000,000
.
purchase from the company
respective percentages of the remaining common stock.
SHEET, DEC.' 31
ASSETS—
I,
UNDERWRITERS—The
and
total—
and accounts receivable (net)_;
♦Inventories of crude oil and refined
products
tlnventories of materials arid supplies—
41,500,000
"Proposed Preferred Stock Financing"
erally
of
annual
Cash
Outstanding
Cumulative pfd. stock ($100 par value)
500,000 shs.
Common stock ($10 par value3,000,000 shs.
♦See
cent
2$ 1
$
.
.
1963
June
_
Intangible development
costs incl. above—
U.
1954-57
Sept.
due
notes
properties
4 694
produc'g properties:
Amount
Notes
3.
due Jan.T,
all
On
CONSOLIDATED
(due within
Aug. 1," 1951
$35,000,000
due serially Dec. 1, 1953-
Stone & Webster
S.
52,728,547
On
sale,
3,224,436
$3.69
and
'•Net
U.
1 118 925
FINANCING
Subordinated unsecured notes:
2,825 000
37G.568
*
1,790,493
curr.
rights.
PRE8ENT
due
notes
note
3%
6,833
8,846,815
901
1,475,475
determined
time
.
income__
S.
1,427,783
$285,774,500
notes:'
note
1956
$9,321,765
80,934
56,554
—
Other deductions
U.
,
conversion
any
be
the
year);
Unsecured
761,005
...
Minority interest in earnings—_■_
*
will
at
Authorized
2%%
Total
'Interest
Loss
sold
$170
Long-term debt, Dec. 31
Capital expenditures:
•
J
one
Operating
Other
be
may
outstdg., .Dec. 31
30,935^90
„_—
Unsecured short-term notes
,
series
'by the directors in the light of market conditions
$38,691,178 $42,920,977 $41,103,104
Cost of sales and other oper.
exps.__
27,090,984
29,542,783
27,524,158
Selling, admin, and general expenses
5,135,597
5,097,979
5,021,186
_
terms
$4.05
7,960,033
$2.50
4,747,155
among
conversion
$6.61
11,867,440
$3.50
39,111,853
working capital
and
$11.24
16,824,254
$4.00
share
4,823,458
purposes
manufacturing,
$7.4!)
19,293,129
(cash)
59,351,453
financing
purpose
determinable
now
for
1946
4,823,458
the
used
Opera¬
1947
57,100,861
the
of
1943
assets, Dec. 31
Net
account
other
CONSOLIDATED INCOME ACCOUNT FOR CALENDAR YEARS
per
pre¬
from
be
may
such
amounts
not
are
amend¬
capital
such
lor
insurance
as
the
proceeds
working
working capital
the ordinary course
in
If
provisions,...if any... With respect to the initial series
$25,000,000 par value, the annual dividend rate, the
redemption
prices, the sinking fund and purchase account provisions and the
—
Divs.
Shares
share
per
paid
1949
315,219,913 330,280,783 228,730,662 159,230 875
taxes__36,096,880
54,216,729
31,356,663
19,013,899
after
earns.,
Earnings
intend, subject
underwriting arrange¬
par
that
increase
in
3
income
oper.
Divs.
be
of
Columbian Carbon Co.—Annual
Report
Net
of
directors
satisfactory
expected
purposes
determine
the
Gross
incorporation
new
a
and
including,
price,
have
time
net
to
proposed
to
invested
proposed
chase
normal
This
$25,000,000
advanced -to
subsidiaries
the
of
additional
businesses,
obligations
Uhder
used
this
or
the
used
directors
of
of
stock.
and
series
receivables
-
be
from time to
vary
men
which
accepted
of
to
to
certificate
authorization
stockholders,
presently
be
that
may
relate
"to
is
will
purchase
prices
In buying shares tendered, the company
$7,000,000, and in no event more than
than
more
sell,
of
the
discretion.
submit
which would reduce the
operating capital below
sum
authorize
to
outstanding shares
their shares.
accepted,
proposal
a
on
acquire
to hold,
will
part of
any
first
excess
will
a
all
the
March
It
advanced
as
company,
and
shares at the directors'
these
be
vote
this
approved,
will
•
purchase
of
to tender
will
be
Stock Purchase Plan—
Calendar Years—
500,000 shares
(par $100),
elimination of the presently author¬
the
on
the
conditions
initial
and
activities,
Colt's Mfg. Co.—Proposed
by
an
sale
company,
the
consist
the
preferred
acting
market
ferred
be
pro¬
of
approved
ments,
Seattle,
The
is
favorable
Continental Oil Co. (&
Subs.)—Highlights of
tions Revealed in 1949 Annual
Report-
exercise
to
unconverted
completion of the conversion or redemption of
shares of the 3.60%
cumulative preferred stock.
A
of the stockholders will be held on March
30, 1950,
meeting
to
March
on
as
(1259)
stock.
FINANCING—The
of
the
to
the
until
outstanding
special
Colorado Ohio Corp., Seattle, Wash.—Files With SEC—
lor
for
conversion
upon
stockholders
redeem
to
preferred
STOCK
stock
and
issuance
preferred
used
amendment
preferred
for
CHRONICLE
.
of
be
3.60%
providing
company
for the
The
an
cumulative
in
reserved
will
PREFERRED
advisable
FINANCIAL
failure
outstanding
issuable
expire
of
privilege,
the
&
stock
common
PROPOSED
ized
surrender
of
declared
ordinary shares may continue to tender their shares
Anglo-Saxon Petroleum Co. Ltd. at a price of $6 per
April
1949.
the
issued
conversion
portion
Colon Development Co., Ltd.—Offer Extended—
share
of
not
are
other
purposes.
for sale
COMMERCIAL
be made in New York funds.
2
THE
(1258)
The
proceeds
Machines
are
to
be used
for loans to General Computing
and Transonic Corp. and for general corporate pur¬
Corp.
A
secondary
600
3hares
fit. Louis,
at
class
announced
A
Dempsey
$3.50
(both
of
$28.52
The
Sli
In
made
was
of
shares
Ridge
Conditioning Field—
Because
of
the
is
unit
purchased
1949,
certain
work-in
and
The
offers
for
fuel
as
Fire
sale
coal,
a
conversion
burners; propane gas
Dual-A-Fire conversion burners which utilize
and
outside temperature, then
of temperature.—V. 171, p.
predetermined
a
and
issued
lower degrees
gas
down
fuel
as
switching
to
oil
SEC
covering
Passenger
Mail
express.....
All
Total
14,478,500
7,067,637
6,529,817
Fuel,
—
material
and
-
Interest
—
Rents
8,547,208
Miscellaneous
improvements,
and other
NOTES—The
due
to
1949
of
principally
for
include
1949
obligations in the principal amount of $5,077,000
ment
certificates
Of that
assets,
amount
$4,440,000
carrying an
Dec. 31,
Interest
of
total
1949,
to
with Dec. 31,
liabilities,
of
crease
assets amounted
compared
Current
rate
of
Dec.
31,
of
as
Dec.
company's
1949.
31,
In
of
of
of
capital
1949,
stock
a
total $53,766,506.
between
in
was
.This
was
a
31,
de¬
inated.
Southwestern
the
This
V. 171,
total
the
assets
hands
of
as
and
total
of
Dec.
20,240
31,
1948,
Co."
to
Those
their
.
Commercial
Ellithorp,
who
13
by
be
in
elim¬
of
will
reduced
from
107 in
1941
stock
to
Corp.—Loan
Placed
was
SEC
on
Jr.,
has
the
assumes
been
post
elected
of
Vice
President,
Chairman
or
-
is
12 noon
at
York,
proposals
gold
for
2
postponed
notes
rate
of
prices
the
not
Ellithorp had been Executive Vice-President.—V. 171.,
applied
2%
value
will
per
sale
30,
the
terest
reports
the
in
that
taking
into
to
to
exceeding
A
to
the
of
the
its
not
with
annum
Dec.
Vt%
order
Dec.
Benguet
31,
1949,
company
net
a
Comparisons
able.—V.
with
171, p.
alone
reports
for
the
profit of $116,766.
the corresponding period
fourth
1948
of
-■
the
stock
dividend
A
of
ten
on
March
May
cents
1,
Ltd.,
Canada
t
"A"
will
entitled
share."—V.
357,
28,
group of underwriters
Gouinlock
&
receive
only
said:
17
1950,
214 %
of
headed
Co.
of
priced
costing
at
has
The
cash
upon
the
on
to
its
an
disclosed
1960,
$2,995,500
ended
are
avail¬
that
The
of
registered
income
quarter
amendment
"We
equal
was
March
on
will
$29,500,000.—V.
with
$7,385,000
with
4%
the
of
the
3V2%
be
understand
to
series
offered
i
$1,394,000
ol
due
3 V2 %
by
Hedges—Earnings Show Large Gain—
«aleS
Net
profit
.
Common
shares
•Earnings
•After
Of
the
per
$4,938,979
$3 75
payment
preference
share____
of preference
stock.—V.
dividends
171,
p.
reserved
accrued
to
the
date
of
been
on
March 14 filed
a
of
notification
SEC covering $400,000 of series
2-21-50 investment
offered to the public at face
value in units of $100
to be used for social
welfare purposes.
with
agreements
and
up.
to
the
The
Ltd.,
Canada
equip¬
new
15, 1949 were offered the
right to subscribe for 846 additional common
shares at $100 per sharerights expired Oct 1, 1949. Each stockholder
was entitled
to subscribe
for one share, and stockholders
holding at
titled to
least
subscribe for
were
an
16
additional share for each
issued.—V.
170,
p.
shares
16
were
shares held.
en¬
No
4%
its
are
convertible
*
exchange
A
March
series
and
filed
-
which
B,
B
were
debentures
from
registered
exchanged for
registration.
par
disclosed
No
purpose
the
of
time
shares
the
matured
on
amount
outstanding
Dec.
$1,330,900
1954.—V.
is
&
registration
a
part
such
of
the
31.
of
145,
p.
of
$4,900
bonds
of
bonds
of
1949, but
statement
provide
bonds
with
amount
funds
of
redeemed
maturing
bonds
had
not
series
in
the
from
to
com¬
other
1953.
The
four
series
oi
been
live
$136,700 in 1952,
The
company
has. received SEC authorization
to
issue
and
sell
$1,000,000 of 2VS>e
instalment promissory notes
to
its
parent
The
Columbia Gas System, Inc., the
proceeds to be used to
repay'nonInterest bearing advance* bv
Column for construction
it was an¬
nounced on March 16.—V.
158, p. 766,
which
presented for
which
$827,000
mature
in
1953,
com¬
had
redemption,
$173,500
and
There
for
new
for new
xucuon, it was an-
The
in
a
100,000
letter
W'Hng
for
of
shares
of
publicly,
involved.
filed
and
stock
with
will
be
1950,
official
and
Bliss,
the
all
1
with
of
excess
shares,
-
offering
the
of
to
sugar
the
the
or
by
the
3
p.m.
purchasers
Under the plan,
shares
they
bank
offer,
deposited; they
reject all of
the
may
such
may
...
money
purposes
and to refund $12,500,002 potr
purposes and to refund $12,500,000 outstand¬
The latter become callable in 1952.—V. 171, p. 1042
Commerce
Ry.—Equip¬
Commission
(par $1),
the
SEC
placed
on
at
March
on
13
authorized
171,
headed
1950—Month—1949
units
in,
compared
Canadian
rate
of
the
connec¬
sold
by
by
Harris,
947.
p.
(& Subs.)—February Sales 7.51%
as
of
to
51
sales
$2,893,830
during the
year before.
a
have been
Lower—
T95C—3 Mos.—1949
$1,502,341
operation
exchange.—V.
stated
$3,134,203
four
in
weeks
S.
dollars
U.
ended
at
the
171, p. 947.
Securities Corp.—New
this
corporation
George F.
who
President
Opdvke,
joined
since
has
Control—
been
acquired by Frank J. Schulte,
Chairman and President, respectively.
new
Cleveland
1936,—V.
Securities
153,
Corp.
in
1928
and
has
been
573.
p.
which
Feb.
par
were
27, will
with no
Co.—Earnings—
Six Months Ended—
profit
after
Earnings
per
—V.
p.
170,
June 30,'49 Dec. 31,'4f!
$4,488,701
$5,996,990
132,290
83,477
189,487
$0.41
sales
Net
Dec. 31,'49
$4,067,587
Net
$0.25
$0.53
taxes
share
1492.
Club Estates, Inc., Baltimore, Md.—Files With SEC—
corporation
on
March
14
filed
letter
a
of
notification
with
SEC
covering 2,200 shares of common stock to be offered at par
share), the proceeds to be used for acquisition of land in
Arundel County, Maryland.
No underwriting involved.
the
($10(1
per
Anne
Cluett, Peabody & Co., Inc.—To Increase Stock, etc.—
The
stockholders
the
covered
not
be
under-
recently applied to the FPC for authority to
con¬
stock
vote
from
states
company
there
shares.
249,3471/2
second
5
to
on
increasing
1,250,000
the
shares
authorized
and
on
an
no.
em¬
plan.
that
250,000
and
April
1,000,000
purchase
additional
cumulative
will
stock
common
outstanding
are
preferred
no
There
shares
present
are
reserved
plans
710,9311/2
for
for issuance of
common
conversion
of
shares
the
4%
stock.
Under the proposed
the
issuance
of
not
stock purchase plan, the directors may authorize
to exceed 35,000 authorized but unissued common
treasury stock,
or
sidiaries
at
a
price
to
which
key employees
shall
of
the
and
company
suo-
the average of the daily last sales
Exchange of the company's common
stock on the 30 consecutive business
days of the Exchange commencing
45 such business days before the date of the execution of the
purcht ;e
contract by the employee.
It is contemplated that 30,000 of the 35,000
shares will be offered to
employees at the present time and that the
balance will be offered
subsequently.—V. 170, P- 881.
price
the
on
New
York
letter
account
and
of
shares
Wm.
of
F.
notification
of
common
Willard
Dowdall
R.
&
be
Stock
Coca-Cola Bottling
Co. of St. Louis—Files With SEC
was
filed
stock
to
with
be
the
offered
Cox,
SEC
at
President, through
Co., ot. Louis.—V. 170,
on
S30
G.
p.
March
9
covering
share
per
H,
Walker
1911.
for, the
& C«.
f
1
Coleman-Pettersen Corp., Cleveland, O.—Files With
Securities and Exchange Commission—.
„
1
The corporation
is
stock
company
was
formed to liquidate tile large Cleveland Discount
Co., which failed for $30,000,000 in 1923. Messrs. Schulte and Opdyke,
who own Ledogar-Horner Co., investment firm, succeeded Kenneth L
in
Gas
common
$17
The
A
notification
sale
of
money
52
were
28,
new
$104,400
Corp., Charlotte, N. C.—Stock
Placed Privately—Construction of
Pipelines Planned—
offered
capital
deposited.
so
$1,388,825
Feb.
3190.
Natural
the
First
been tentatively selected by this
company as the date'
proposed new first mortgage issue will be opened.
financing consists of $25,000,00u &f. bonds which fill bt
Childs Co.
2,000
Carolina
Made
purchasers,
deposited
acceptance
excess
.
Co., Inc.—V.
shares,
to
the
be
not
may
for
value
par
are
in
Period End. Feb. 28—
The
"in
call,
S. A.—Offer
agents
$9.50
purchase
Interstate
ployees'
involved.
sale
and
The
170, p. 1595.
as
of
Sales
-
its
large
1950, $89,300 in 1951,
in
is
bond
prices
amendment:
syndicate
Hall
have
company."
The company also "is
contemplating im¬
facilities and deems it advisable to refinance at
to
the
has
pany
and
of
maturity or upon
presently outstanding
as
provements
this
underwriting
upon
offering
by
shares
common
principal
The
',
•
.
debentures, series A,
and
thereof.
redeem,
the
40,000
bids for its
both
The
removed
20
with
and
par)
company to issue $915,000 of'equipment trust certificates in
tion
with new equipment purchases.
The certificates were
the railroad on March
1
to a
banking
and
unexchanged
'
$697,000 4%
conversion of the debentures and 26,045
from the registration.—V.
171, p. 358.
on
the
statement
($5
par).
plan.
107|;
Binghamton (N. Y.) Gas Works—Notes—
for
covering
years)
pany
stockholders of record Sept.
fractional shares
exchanged
for
corporation
SEC
.sources
common
due
been
under
company
debentures,
$2,995,500
1960,
the
$2,000,000 of series six first mortgage 4%
bonds
$2,000,000 of series seven first mortgage 5% bonds
(ten years), which are to be offered in
denominations of $100, $500,
and $1,000
at
prices which are 100%
of par
or
be
Proceeds
Biddeford & Saco Water Co.—Rights to
Stockholders—
The
series
been
stock
Chicago St. Paul Minneapolis & Omaha
Trust Certificates Authorized—
par
the
letter
have
to
has
28
both
The
Jr.,
in
Capper Publications, Inc.—Registers With SEC—
call
101.
<The) Best Foundation, Inc., Indianapolis, Ind.—Files
oJ£he C0a?pany
have
the company stated that 306,280 $1
removed
(five
7
$5,991,000
debentures,
shares
shares.
each
72 820
$6.22
3y2%
the
307 719
89 880
with
200,000
($50
preferred,
be
Co.,
shares,
Control
.
In addition,
are
$7,178,806
taxes___,
out&tandmg____;
common
1948
585 379
—
after Federal
the
.
194g
17,
income
debentures
• registered.
*
■
The company further disclosed that
and a like amount of 4%
about
2.
p.
Feb.
on
convertible
both
remain
.
SEC
$5,991,000
series A,
and
B,
be
authorized
ment
of
that
for
$8.84
secured
171,
SEC,
debentures,
debentures,
balance
filed
present
unissued
common
Sugar Co.,
1950,
of
sur¬
by Dominion Securities Corp.,
certificates
estimated
an
expansion.
from
$50,
stock
first 50,000 shares
ing 4'/2s due 1977.
been
equipment trust certificates of 1950, due $1,000,000
1950 to March 15, 1960, inclusive.
They
99.53.
It
will
the
registration
a
its
preferred
are
3,
may
Cleveland
Toronto,
par
120,000
filed
21
shares of
shares
the
proposed
sold
1419.
p.
an
additional
for
1950
a
with
27.
to
March
on
Feb.
on
and
$3,500,000
in
create
share.
per
shares
new
reducing
on
stock,
March
Trust
NOTE—1950
President,
value
vote
eliminating
Violeta
some
which
The
sold
Toronto, whereby it will purchase all the
and will offer to shareholders of Canadian
be
the
expenditures
to
$50),
$2.45
Chicago Burlington & Quincy RR.—Plans New Fir/ancV'
1950
shareholders
to
(par
than
If less than 50,000 shares are deposited by 3 p.m. /EST) on the
deposit date, in acceptance of the offer, purchasers .shall have the
right to either purchase all of the shares so deposited, cr to .reject
all such shares, on or before
April 5, 1950.—V. 168; p
2620.
shares.
McLeod,
together
'
Placed
would
31,
share
per
1950,
also
preferred
rate
April
on
purchase
Value
Jan.
at
will
on
50,000
purchasers
Commission
1950,
Asset
as
proposal
a
stock
more
40,000 of
$5,000,000.—V.
will purchase
5
debentures,
Benson &
Co.—Bonds
on
preferred
approximately
at $17 per share.
50,000 of more shares
March
company's
vote
exceed
construction
thus
Empire
(EST)
Capital Airlines, Inc.—Exchange of Debentures, Etc.—
1590.
Year Ended Dec. 31—
on
Share—
If
admit
to
Ltd.,
their
of
ment
not
based
outstanding.—*
company
on
Ltd.—Net
will
31
of
to
provide
terms
at
purchase
au¬
the unborrowed
on
to
that
dividend
The
unduly high.
31,
March
shares
cumulative
Central
219.
record
Federal Power
before
or
business
company,
Corp.,
were
of its subsidiaries, Balatoc
Heald Lumber Co., consolidated net profit for the fourth
quarter ended
Dec. 31. 1949, was $88,673.
The
Power
not
125.000
its
estimated
and
semi-annually frcm Sept. 15,
C.
Mr.
equity in¬
Mining Co. and
earnings
$0.78
and
now
of
1963,
par
160, p.
date
reopen
the
on
payable
of
Investors
of
I.
In
consideration
$10)
(par
&
Club Aluminum Products
company
$1.08
stock
sinkng
Canadian National Rys.—Offers
Equipments—
Benguet Consolidated Mining Co.—Earnings—
The
$0.43
Corp. and Blyth & Co., Inc., are named as underwriters.
proceeds of the financing will be used in part to pay $1,000,000
currently outstanding construction loans and the balance will be
applied toward the cost of the company's 1950 construction program,
11
847.
p.
of
be
close
liquidating
class
2.
p.
1950—2 Mos.—1949
$46,543,128 $42,163,272
4,259,650
2,920.894
Net
the
in
27, 1950.—V.
effective
petition
payable
171,
share.
per
the
$22,000,000
W.
Board.
cost
debt
Boston
Dec.
held
now
of
underwriting
trustee,
as
bonds, due
$202,225
March
on
New
inviting
4%
of
Investors
and
and Bell,
the
to
and
stock
,
per
outside
the
May 21.
succeeding
ot
estimated
common
preferred
on
stock
presently issue
company
The
''
;
to
shares
covering
shares
share¬
present
Canada
or
Privately—
announced
$0.47
Light
on
rate
shares,
The
be
to
purposes.
(except
Newfoundland)
will accordingly
have< the option
surrendering their shares for cash at the net asset value per share,
of
reinvesting in full shares of Corporate Investors Ltd., stock
their
liquidating value.
Shareholders
residing in Newfoundland
at
68.—'
to
project,
of
Registers With SEC—
Wood,
are
residing in Canada
(except Newfoundland) the
privilege of reinvesting the proceeds of their shares in class "A"
shares of Corporate Investors Ltd., without
surcharge.
Shareholders
Beech-Nut Packing Co.—New President—
S.
the
City of
accepted
March 6
The
asset
at
assets
when the
existence
the
the sale
dividend
common
120.000
cumulative
80,000
share, compared with $11.58 per share as at the end
preceding fiscal year.
Net income available for dividends was
render
bearing interest of 3%%, it
J.
March
on
of
stockholders
$2.50
publicly
Subject to ratification by shareholders at a special general meeting
be held on April 3, 1950, an agreement has been entered into with
i
to
The corporation has borrowed $2,000,000 from John Han¬
cock Mutual Life Insurance Co. on a subordinated loan
Arkell.
net
cents
D.
Bankers
the
Y.,
company's
interest
Corporate
action
subsidiaries has been
the
A.
$12.05
record
liabili¬
holders,
subsidiaries
corporate
that
by
1950—Month—1949
Arizona
estimated
The
847.
S.
Investors
RR.
incident
expense
to
declared
1141.
p.
of
sum
be
to
up
company on
an
45.9
was
is in furtherance ot
the company's program of
simplifying corporate relationships within the Baltimore & Ohio System:
The number of
were
1678.
p.
mortgage
the
March
on
p.
&
the
of
194S.
This
of
of
$8,800,000.
authority to issue $2,000,000 promissory notes to Bank of America
T.
was
21,519.
was
ICC
The
This was 1,279 less than
Ohio
&
166,
of
Corp.,
Higher—Sale Proposed—
1948.
$9,668,115
stockholders
and
shares
common
share
per
allotment
N.
first
will
Canadian
the company acquired direct
ownership of all the properties
subsidiaries—Baltimore & Ohio & Chicago RE. Co. and The
dissolved
York,
of
balance of credit.—V.
1949
two
Baltimore
in
Bank
exhaust
interest
171,
have
were
ties, Dec, 31, 1949, compared with Dec. 31, 1948, is due to the reduction
In outstanding debt.
Dec.
to
Proposals
The
1948.
On Dec.
decrease of $14,-
compared with $62,763,781 as of Dec.
1949, total liabilities amounted to $994,518,674.
The net decrease
number
given
New
amount
replies
for
31,
$1,220,092,569,
is
excess
$23,812,458 less than total liabilities, Dec. 31, 1948.
The
par
California Electric Power Co.—To Borrow from Bank
■
decrease of
a
of
dividend
planned
It
2V2 %.
$8,997,275,
As of Dec. 31,
is
prior preferred and
declared.' bath payable
171, p. 1042.
evidence that the agreed purchase
price of $150,000 is
represented by equip¬
1949, amounted to $90,882,006,
$9,191,830, compared with $100,073,836
144,343,
was
miles
capacity
1042.
for
stockholders
common
6'/
company's abandonment of 14.2 miles cf track between
Union and Pride, S. C. and the sale to Southern
Ry. Co. of the remaining 4.6 miles of track between Union and Buffalo, S. C., pending filing
N.
1949.
372
aggregate
946.
P.
annual
were
20.—V-
no
$26.12'/2
at
National
Street,
The
maturing
New equipment
shares
issue
new
paid 25 cents
company
thorizing the
paid.
incurred in
31,
a
Buffalo, Union-Carolina Railroad Co.—Postponement
$4,535,907
retired through sinking fund operations in 1949.
In
equipment
obligations
amounting to $12,589,914
or
an
and
Line
Plans Preferred Stock Financing—
of
per
31, 1949, the company owned 355 Diesel locomotive units—
58 passenger, 28 helper and 185 switching.
Outstanding system funded debt obligations amounting to $7,525,500
trust
capital.
declaration
Co., Ltd., Toronto, and associates.
The proceeds
development and expansion and general corporate
Chase
accrued
84 freight,
Current
the
on
The
the
on
stock
March
additional
Canada
It
an
—V.
purchased
ij
400,000
stated.—V.
As of Dec.
addition,
in
sufficient
Roy B. White, President, in the annual report, said in
part—
were
cents
record
was
it
would have amounted to $11,405,734.
were
action
no
preferred
be
Broad
representing an ad¬
of prior years' income taxes which amount had no relation
operations.
Excluding this adjustment, net income for 1949
justment
$2.50
at
'
accruals
tax
offered
operation
The
took
14
371/2
will
'
Income
be
to
minimum
stated
financed
share
com.
Central
the
with
approximately
having
dis¬
Pipe
Privately—The company in February sold
privately
$5,000,000 of first mortgage 2%% bonds, the net proceeds
to be used to retire $4,875,500 bank loans and the balance
for additional working capital.
Buffalo & Susquehanna RR. Corp.—Tenders—
22,158,295
ating cost levels.
of
fc*
The
to reduced
traffic volume resulting from work stoppages, and further rises in oper¬
was
notification
construct
lines
$22,137,488 $21,823,564
1,858,502
1,602,457
providing
171.
Ky.—Files
year
holders,
250,716
6,869,827
—
showing
this
holders of
total
fund.
unfavorable
stock
common
b3 used for
usually due at this time.
Preference
sinking
purposes)
of
of
be
171, p.
taxes
per
3,764,480
V.
Louisville,
also
would
after
•Earns,
an
request
and July 1 lust year and 50 cents on April 1
but there was no disbursement in October, 1949. * The regular
to
Gundy
3,790,741
1,089.452
f
(for
income
funds,
Profit
686.
letter
a
Gas
day.
Period End. Feb, 28—
•After
to
18
per
Sales
British American Oil Co., Ltd.—Stock Offered—
A
170,464,073 189,448,241
122,893,503 134,772,985
28,537,948
30,975,480
25,373,643
25,323,806
-
unless
27
supply natural gas to
in communities in North
Transcontinental
Caterpillar Tractor Co.—Sales and Earnings Up—
Co.,
two.
'
363,775,654 406,720,264
services..—
Taxes
Net
1
used
wages
shares
March
on
Jan.-l
offered
-
Cramp
of
feet
application
$7,332,200,
7,829,096
—
income
The
cubic
securities.—V.
holdings
Harriman Ripley
Act
to
gas
with
to
proposes
consisting
140,000,000
common
March
pipelines
manufactured
Connection
company
pipeline,
involved.
dividend
on
April
24,593,016
Expenditures:
For
their
p.
Co.,
filed
10
proceeds to
net
directors
last year,
14,025,653
—-—-
other sources..
the
quarterly dividends
of
3114 cents on the 5%
$
7,198,741
-—-
Miscellaneous
The
Botany Mills, Inc.—Omits Common Dividend—
1948
21,922,718
-
and
170,
Insurance
March
100,000
share,
each
$
the
lateral
serving
to
313,560,900 353,289,835
——
of
out
application.—V.
on
underwriting
The
1949
freight
for
bid
Feuer &
the- higher of the
as
by the Commission.
interested persons until
Life
company
common
from
the
upon
per
1042.
Year Ended Dec. 31—
growing
to
Spiogeiberg,
now
Carolina
Corp. system is also sought.
price
a
issued
given
No
Baltimore & Ohio RR.—Annual Report—
Income
is
has
Bluegrass
The
fuel
as
at
of
system
a
South
With SEC—
burners;
conversion
SEC
hearing
in
1953.
9,
oil.
The products include Stock-A-Fire, Gas-Afurnaces;
Gcs-A-Flrc, gas
conversion
burners.
or
gas
oil
Oil-A-Fire,
at
$230,882
and
accepted
the transaction between B'ue Riage and
prohibited by terms of the Investment Company
a
is already engaged in the heating business and now
complete line of central house-heating devices using
Oil-A-Fire
and
same,
and other assets
of i%
notes due Nov.
the
for
process
therewith
company
invitation
an
was
Cramp,
The
from General Engineering & Manufacturing Co.
of completed air-conditioning space coolers,
parts
inventories
connection
dated
contract
Cramp Shipbuilding Co.
Ripley
affiliation
exemption order
under
Issued
Harriman
one-
9,
-
January
Ripley bid
Nov.
corporation,
exemption order
Ripley & Co., Inc., of
an
Cramp
to
called
The
for
Har'iman
by
of
SEC
total
Harriman
the
in
"Fridg-A-Fire."
stock
of
the
In
stock
common
are
the
-
Blue
15.
Monday, March 27, 1951
struct
Cramp Stock—
to
it
from
common
of
field
steps
applied
share.
per
13.7%
being taken to enter the air-conditioning
a.nd the company is in
the process of developing a low-priced
room
unit and
a
combination gas furnace and air-conditioning
Presently
has
purchase
30.000
cation,
and
To Enter Air
CHRONICLE
common
stock constitutes approxi¬
outstanding.
Harriman Ripley now owns
178,084 shares, or approximately 80.9%, and the remaining 10,971
shares are held
by about 140 stockholders, according to the appli¬
and
stock
common
par
the
shares
mately
& Co., Chicago, and G. H. Walker & Co,,
share.
The offering has been completed, it was
per
March
on
stock
ccmmon
30,000
Offering—
offering of 7,000 shares of class B
of
by
FINANCIAL
tributors
corporation
permitting
The corporation on March 0 filed a letter of notification with the
€EC covering the above 40.000 ahares of common "Stock.—V. 170, p. 298.
Automatic Firing Corp.—Secondary
&
Blue Ridge Corp.—Sale of
The
poses.
February
COMMERCIAL
The company on
March 13 filed
covering 5,000 shares of 6%
a
letter of notification with the
nonconvertible
preferred stock
SEC
(par $20)
Volume 171
Number 4893
and 15,000 shares of
common
at
and
par
for
new
the
stock
$3
at
common
equipment,
retiring
THE
(par $1), the preferred to be offered
share.
per
The proceeds
three-year
a
bank
term
shares
be used
to
are
loan
and
the
Holders
share
of
to
the
The
until
ordinary shares
continue
may
Anglo-Saxon Petroleum
April
11,
1950.
The
Ltd.
Co.
had
offer
of
their shares
price of $6 per
at
been
a
scheduled
to
required
to
the
ordinary
shares
their
desiring
to
accept
said
for
certificates
issue
said
to
offer
outstanding
cumulative
effective
until
for
Co., New York, N. Y., at
before April 11,
or
1950.—V.
The
corporation
covering
offered
at
25
cents
Wash., who is
ceeds
13
shares
of
share,
director and
a
be
to
are
March
on
990,000
in
of
letter
a
stock
common
notification
(par
with
cent)
one
the
to
be
through Leverett G. Tallman of Seattle,
an officer of the corporation.
The pro¬
per
used
filed
of acting
171, p. 650.
Colorado Ohio Corp., Seattle, Wash.—Files With SEC—
"SEC
shares
gold mining development.
Th
tal
retire
If
to
to
stock
ments,
to
ferred
stock.
sell
proposed
approved,
will
be
ris in
will
a
all
the
the
or
be
29
on
proposal
a
to
be
of $53
expend
to
authorize
the
acquire outstanding shares of capi¬
will
submit
exchange,
transfer
or
plan inviting stockholders
Tenders at the lowest prices
no tender will be accepted which
a
accepted, and
share. In buying shares tendered, the company
than $7,000,000, and in
no
event more than
per
more
operating capital below normal operating
requirements.—V. 170, p. 784.
Columbian Carbon Co.—Annual Report
1949
Sales
—
other oper.
It
is
series
be
used
to
which such
to
be
portion
27,090,984
5,135,597
exps.
expenses
profit
$42,920,977 $41,106,104
29,542,783
27,524,158
invested
businesses,
subsidiaries
for
the
such
the
authorized
issued,
such
but
it
proceeds
proposed
$8,560,760
1,678,762
•Other
-U. S.
$8,899,208
_______
9,255
$9,958,977
80,934
,
2,143
it
is not intended
2,725,000
"
'Net profit
Dividends paid
569,481
299,314
]
$5,955,247
$6,504,865
3,224,436
in
1947
for
$3.69
$4.03
depreciation, depletion
and amortization.
*
assets.
'
CONSOLIDATED
BALANCE
SHEET, DEC.
ASSETS—
'
U. S. Government obligations (at cost)
/♦Marketable securities (at ccst).
notes due
due
and
1956
note
receivable
tlnterstate
i
shares
Inc.,
Other
111,492
Corp.,
shares
'
804,490
3%
Aug.
1,
i—
_
353,805
(net)
353,805
318,820
1,
28,337,751
—
'
Patents,
goodwill,
Deferred
charges
etc
1
803,679
;—-——~—
'See
1
611,056
$51,735,854 $48,825,527
S.
U.
for
Minority
Capital
460,000
861,084
of
shares)
1,612,218
1,346,917
(outstanding
value
par
nc
21,849,354
*
21,849,354
22,427,876
;___
Earned surplus
due
Sept.
due
notes
and
—
1,
1957
market
'Quoted
19,697,065
value,
$1,052,583
in
1949
and
in
$1,045,233
price $4,288,710 in
1949 and $2,859,140 in
depreciation, depletion and amortization of
market
fQuoted
for
reserves
1, 1964
($100 par value)
Credit
Co.—Unconverted
Common
1948,
1948.
*
preferred stock
cumulative
3.60%
Stock
(as of March
25,000,000
23,000,000
500,000 shs.
Jointly,
underwriters
to
purchase
named
from
oil
business
as
on
not
Prior
the
into
April
the
from
are
Credit
the
to
several
shares
1950,
company
used
for
for redemption on April
stock each share of which
called
cumulative preferred
1%
4,
has
Company
all of 3.60%
1950
convertible
chase
of
common
stock
prior
to
the
close
of
and the underwriters have agreed to pur¬
such of the above shares of common stock
conversion.
Goldman,
R.
3.9
Sachs & Co
have
agreed,
the
sev¬
following
stock.
Bros.
Crude
a
Stock
price
expiration of
the right to convert the preferred stock,
offer and sell shares of common stock
underwriters may
which
may
&
Boyce
1.1%
Inc.
S. Dickson & Co.,
Dominick
3.5
&
After
the
expiration
of
the
right
to
preferred stock, the several underwriters may make one
private or public offerings of common stock at prices to be
determined.
Between Jan. 1, 1950 and March 13, 1950 an aggregate
the
more
of the common stock were traded cn the New York
share ranging from 57V2 to 64%. The
last sales price on March 23, 1950 was 62%.
As
of
March
13, ,1950, 158,845
shares of 3.60%
preferred stock
remained
outstanding,
and 277,978 shares of common stock were
reserved for issuance upon conversion thereof.
Shares of 3.60% pre¬
ferred stock may be converted at the office of the transfer agent,
The
Chase National Bank of the City of New York, 11 Broad St.,
New
York 15, N. Y.
of
38,308,687
34,980,359
43,798,495
40,241,536
37,796,068
32,534,719
33,628,342
28,426,227
22,307,284
5,400,169
5,548,282
5,271,337
processed
:
of
crude
oil,
•
Purchases
1
40,553,229
44,440,398
(bbls.)
crude
of
-44,557,996
43,818,491
34,595,826
28,885,470
Sales of crude oil (bbls45,832,427
48,508,646
42,489,990
38,779,454
38,742,894
38,305,703
33,310,194
27,530,001
4,187,624
2,756,246
2,009,441
1,858,222
269,620
243,594
217,776
189,350
192,892
Sales of refined products
(bbls.)
__;
Acreage
—
held
(net)
Dec.
31
______
Options
held
Royalties
(acres)
mineral
and
rights
(acres)
BALANCE
155,974
DEC.
SHEET,
155,653
31
1949
banks
in
Govt,
S.
and
1948
cost
at
(which
20,242,029
25,184,736
market)
accounts receivable (net)-.
'Inventories of crude oil and refined products
tlnventories of materials and supplies
16,645,661
14,575,090
152,660,205
136,635,762
6,271,220
176,502
1,872,358
1,160,261.
1,682,576
1,553,595
271,293,803 261,949,817-
LIABILITIES—
.
.
i
.
payable
:
4,636,015
current
Mortgage
and
notes
852,000
623,475
in-
taxes
Purchase obligations
327,242
717,783
Federal
22,425,714
401,166
710,000
for
25,519,534,
283,102
provision
23,242,034
13,170,991
incl.
taxes,
come
.
26,220,525
33,787,642
advances—
Property, plant and equipment (net)—
Unadjusted debits and sundry assets
;
Prepaid insurance, royalties, taxes, etc
-
26,301,222
29,014,502
6,119,919
131,904
assets—
and
15,267,998
approxi¬
Notes'and
current
$
17,739,913
hand
on
securities
payable
liabilities
notes
payable
to
annually to 1955
obligations and
1.0
Purchase
1.0
Inc.
5,764,690
oil
(bbls.)
1.0
3.3
&
White,
G.
U.
S.
Govt.—due
(non-current)
Deferred credits
Weld
note
payable
to
bank
Becker
Salomon
Co
1.0
for
annuities
Co
1.0
Reserves
for
contingencies
Co._
1.0
Capital
&
&
Co
&
Harden—
3.3
Whiting, Weeks & Stubbs_
Earned
A.
Schoellkopf,
2.6
M.
Kidder
Pacific
Co.
&
&
13
Bacon,
Hutzler—
1.8
Robert
Sons_
.
W.
Baird
Inc.
1.7
&
1.7
Blunt
1.7
1.7
Julien
with
Ball, Burge & Kraus
Higginson Corp.C. Legg & Co
<
John
—
Jackson
Webber,
Shields
C.
Granbery,
Hamlin
&
1.3
J. J.
1.3
1.1
1.1
Kebbon,
l.-l
Pacific
C. Allyn and Co.,
Baker,
Watts
&
Inc.—
Co
—
Central Republic Co.
Estabrook & Co
Hallgarten & Co
Harris, Hall & Co.
&
also V.
See
&
_____
(Inc.)—
&
in
Co.,
Marache
&
171,
Lunt—
Lane,
Inc.
&
are
SEC
of
($11
and
Northwest
Schwabacher
Co.,
than
marine
Wolff
equipment
licensing
contract
engineering iirm.
build
to
and
to
sell
This
certain
types
countries
many
now
Payment of royalties to Cooper-Bcsseiner
by the British Ministry of Supply..
Co
&
Spruce
Inc.,
to
the
Juneau
Juneau,
Corp.,
Coos
a
Feb. 8 notified the
preferred stock at par
Alaska,
100,000
sell
shares
proceeds to be used
on
of
purchase
to
subsidiary,
Bay
which
the property
is in
process
of
of
301.
p.
Corporate Investors, Ltd.—Proposed Acquisition—
See
Co.__;
Investors
Canadian
Ltd.
Corp.,
above.—V.
158,
'
1439.
p.
Singer, Deane & Scribner_^
Cribben
letter
A
the proposed pur¬
of
Co.—Files With SEC—
notification
of
shares
p.
was
filed
March
6
stock
common
2207.
(par
$5)
be
to
with
the
offered
SEC
covering
the
at
market
'
„
'
Cuddy Mountain Mining Co., Spokane, Wash.—Files—
(10
company
covering
cents
to be
Utility Approved—
Service Commission has approved
Sexton
&
price ($4.50 pel* share or more) lor the account of Robert C. Cald-:
well, Indianapolis, Ind., a director. No underwriting involved.—V. 169,
171, p. 660.
Consolidated Edison Co. of New York, Inc.—Purchase
Public
lower
approved
proposal
share),
liquidation.—V. 170,
The
Y.
its
,4
Co.
SEC
N.
important
an
British
and
engine-driven
been
Lumber
per
-Piper,
228,636 shares of $25 par outstanding.—V.
of Staten Island
concluded
Ltd.,
Harland
.4
McCormick &
company on March 6 applied to the Federal Power Commission
authority to change the authorized capital stock from 500,000 $25
shares to 1,250,000 $10 par shares to effect a 3-for-l split.
There
The
basis,
170, p. 2128.
1147.
p.
Juneau
Son
Space
Community Public Service Co.—Plans Split-Up—
for
has
171,
2,000
par
first-out
cost.—V.
Coos Bay Lumber Co.—Subsidiary in Liquidation—
1146.
p.
dollars
Co.
1.1
Co
Just
Wolff,
Cooper-Bessemer
Jaffra/ & Hopwood
Schmidt, Poole & Co
1.1
1.1
1.1
has
and
licenses
included in the sterling area.
Co.______
Evans
B. Hilliard
Co.,
Graham,
Noyes,
Parsons
(Inc.)
of
Cimmons
Johnson,
&
last-in,
below
or
Chapman & Co.
Co
Dodge
the
on
TAt
corporation
Harland
agreement
Co._
—V.
Farwell,
1.7
Langley & Co
Clark,
;
A.
&
Inc.
&
Co.—
&
Collins
Clement
Spencer Trask & Co.—_—1.5
A.
Ellis
1.7
&
determined
cost,
The
„
William
Co
147,521,710 130,717,959
____
Cooper-Bessemer Corp.—Signs British Contract—
Co.,
:
Blair
54,876,256
271,293,803 261,949,817,
'At
Whipple & Co.—
1.7
&
•
1932
Watling, Lerchen & Co
1.8
1.7
Hutton
31,
826,005
24,397,499
54,876,256
;
aggregate market.
Hornblower & Weeks-——
E.
860,803
24,397,499
each)
$5
surplus since Dec.
169,480
•
Ilutton &
Hayden, Stone & Co
W.
value
surplus
Total
California—
Pomeroy, Inc.
f
(par
563,487
Co
&
of
insurance
stock
Capital
Weeks
Inc.—
Co.
&
&
for
Reserves
250,000
464,991
Reserves
Co.——
&
Bros.
Brown
Witter
162,619
250,000
1.0
Pressprich
Walker
Dean
1.0
Co
&
3.3
—
&
Inc
Tully
3.3
3.3
Beane
Stearns
Alex.
H.
Nolan
Baker,
Robert Garrett & Sons_—
G.
W.
Pierce, Fen-
Smith, Barney & Co
Bear,
R.
Dominick.
&
Mitchum,
3.3
Merrill Lynch,
ner
Folger,
3.3
Inc
Eastman, Dillon & Co._—
Harriman
Ripley
&
Co.,
Co.,
per
used
V.. 167,
by this company of control of Staten Island Edison Corp. for a
base price of $10,720,000. The latter, which serves 55,000 customers, now
87,400
shares
Stock'Exchange
is
owned
had
by General
been
ordered
to
Public Utilities Corp., a holding company which
itself of the Staten Island company.
The
divest
must be approved by
the
deadline
specified in the purchase
Edison—V.
171, p. 1147.
purchase
proposal
Consolidated
be
commission.
Exchange
convert
or
oil
(bbls.)
Other
Rollins & Co.
75.63.
15,294,939
-
Total
the SEC before March 28,
agreement by Consolidated
P.
to
March
on
filed
17
1,000,000
shares
share),
through
of
letter
a
common
of
notification
stock
to
be
the
with
offered
at
par
Explorers,
Inc., Spokane, the proceeds
complete purchase of, and to develop a mine in Idaho.-—
1468.
at prices per
PROCEEDS—The net proceeds to
be received from the sale of such
corporation
letter
Trustees
of
a
the bonds were not authenticated and delivered
10, 1949.
The proceeds from the sale of the new series C
used for new construction and to increase working capital.
close of the fiscal year
until
Nov.
bonds
were
Prior -to
the
$300,000
The
from
sale
of
banks,
company
the
series
pending
retired
C
sale
$314,000
bonds
the
of the new
of
its
3%
company
had
borrowed
bonds.
first
mortgage
bonds,
3J/2% debentures through
the sinking funds.
The bank loans amounting to $500,000 and matur¬
ing May 22, 1949, were paid in full before maturity.—V. 171, p. 750.
series A
and series B
3s and $33,000 25-year
Curtis
March.
stock
to
Philadelphia,
Estate.
There
The
to
contract
tilating
of
The
air
he
March
on
condition
covers
the
40-story
9
is
no
with
the
offered
The
at
SEC
$53
proceeds
covering
per
share
to
go
23
the
Conditioning Contract—
announced
first
complete
structure
of
air
that
it
has
Pittsburgh's
conditioning,
under
now
been
awarded
new. skyscrapers.
heating and ven¬
Corp.
construction
by
the
525
contract
Corp.
The building will be occupied by United
subsidiaries and Mellon National Bank & Trust Co.
was
awarded
to
Dravo
Corp.
Co., general contractors for the building.—V.
by
Turner
171,
p.
Construction
751.
Dayton Power & Light Co.—To Increase Stock—New
Financing Reported Planned—
The
stockholders on
stock
common
from
April 13 will vote on increasing the authorized
shares tc 4,000,000 shares, and on re¬
The company
t'es
in
1950
scheduled
gram
to
to
Commercial
offices-
NOTE-
Dana
135
On
8
expects
from preemptive rights for sale
to raise $15,000,000 through the sale of securi-,
part of its construction program, which is
finance
cost
$94,263,000
presently is 61%
over
completed.
the
1946-1952
period.
The
pro¬
It is reported that between 200,000-
^ibert Editor and Publisher;
and Financial
O^r
Seibert,
La
account
Salle
ct
the
fluctuations
in
the
rates
of
exchange,
remittance
for
foreign
subscriptions
4
2,000,000
leasing 50,000 shares of such increase
to officers and employees.
Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D.
President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) wlth a rtvUMcal h*ue on Monday]
St
Chicago 3
111
(Telephone State 0613);
1 Drapers' Gardens, London,
E. C., England, c/o Edwards & 8mith.
Copyright 1950 by William B. mna con^any.
Keen^ea
as second-class matter
February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. 6. Possessions, Territories and Members of Pan
American Union, $35.00 per year;
in Dominion of Canada, $38.00 per year.
Other Countries, $42.00 per year.
The
William
the
underwriting commitment.
Place
Penn
Steel
be
Pa.
2023.
corporation
contract
States
Gas Utilities Corp.—Financing in 1949—
the
filed
was
preferred
Co.,
&
Dravo Corp.—Awarded Air
The
William
Consolidated
prior
Hecker
on
According to the annual report, the company during the fiscal
year ended Oct
31, 1949, sold $1,000,000 first mortgage sinking fund
bonds, series C, due Sept. 1, 1969, to holders of its series A and B
bonds.
While the purchase agreements weer all signed prior to the
of
170, p.
Co.—Files With SEC—
notification
of
shares
through
Engineering Corp.—Files With SEC—
March 6 filed a letter of notification with the
SEC covering 1,000 shares of common stock (par $1)
to be sold di¬
rectly to Robert L. Smallman afc $5 per share the proceeds to be used
for working capital.
No underwriting involved.—V. 171, p. 1047.
The
Curtis Publishing
A
500
—V.
.
varied each 24-hour period commencing
on
March
15, 1950, but which it is Intended shall not be varied
within
any
24-hour period except that such price may be reduced
within
any
such period, such price, however,
not to be less than
$60.3657, and not greater than the last sale price of the common stock
on the New York Stock Exchange
in the last preceding 24-hour period
in
which
the common stock was
sold on said Exchange plus the
at
crude
chase
Commercial
14,
above—
net
(bbls.)
Inventory
*
2,278.973 shs.
company
common
Blair,
Kidder, Peabody & Co. and the First Boston
Corp.
is
incl.
Accounts
below
the
Stein
13,
1950) have been underwritten by a group of underwriters
headed by
total—
'
reserved for conversion of the outstanding 158,845 shares
of
of
annual
Investments
50,000,000
3,000,000 shs.
7.9%
$42,-
of common stock still
Underwritten—The 277,978 shares
oil production (bbls.)~
35,233,233
Pipe line runs of crude
costs
Total
Other
41,500,000
The
Commercial
20,091,052
cent
mates
35,000,000
.
23,000,000
7.9
1948.—V. 171, p. 358.
372,098 in 1949 and $39,957,176 in
20,158,994
Per
$
\
•
25,000.000
June
Kidder, Peabody & Co
$51,785,854 $48,825,527
-
17,495,817
1,118,925
Intangible development
Cash
,
($10 par value)
not
Hemphill,
Total'
24,407,169
70.75
Amount
694,251
'
CONSOLIDATED
Outstanding
50,000,000
The First Boston Corp
861,084
1,723,328
-
-
stock
§ After
410,000
companies-
slock
32,266,268
62.51
4
On produc'g properties:
FINANCING
41,500,000
—
respective percentages of the remaining
W.
Surplus
Capital
$1,963,538
2,647,569
—
...
interest in subsidiary
PRE8ENT
$35,000,000
1963_;
Curtis
taxes..
32,084,723
63.14
properties
rights.
'
1951
UNDERWRITERS—The
Paine,
$1,969,066
2,545,146
payable and accrued accounts
and foreign taxes cn income
Reserve
instal-
"Proposed Preferred Stock Financing" above.
erally
LIABILITIES—
Accounts
33,294,597
all
Accrued
Lee
Total
32,270,017
U.
1954-r57
Cumulative pfd. stock
298,169
31,854,777
etc.
(net)
45,604,741
On
business.
serially Dec. 1, 1953-
Feb.
due Jan."!,
note
3.95%
A.
1,154,758
i—
51,324,738
Long-term debt, Dec. 31
Capital expenditures:
$285,774,500
Union Securities Corp.
804,490
Fuel
investments
security
assets
5,675,336
stock
capital
accounts receivable,
gFixed
3,471,150
142,957
Co.,
...
Notes,
884,470
3,768,652
—
Gas
TO
,
Inc,
876,749
(net)
Mississippi River
capital stock
,
$7,234,541
cost)—
Natural
of
of
course
(due within
Corp.
6,721,088
(at
acquisition
Subordinated unsecured notes:
Blyth
1948
1,000,385
Inventories
Investments
the
conversion
any
EFFECT
*
notes:
note
3%
31
$5,283,408
1,475,475
52,728,547
assets, Dec. 31
»
1949
-
Cash
•Accounts
anticipated that the major
in
the Eoard of Directors will be
provisions applicable to each series
Stone & Webster Securities
.
may
'
1%%
$3.76
NOTE—The net assets of foreign subsidiaries, included at U. S. dollar
^equivalent, aggregate $616,934 in 1949 of which $359,395 represents net
current
used
and
$1.70
30,935,190
of
3,224,436
'After provision of $3,061,579 in 1949, $2,776,688 in 1948 and $2,646,901
manufacturing, in
working capital
outstdg., Dec. 31
4,747,155
purposes
determinable
year)/——
Unsecured
$6,064,196
3,224 436
share..
per
presently
be
provide for
GIVING
'
Common stock
Earnings
is
will
and
amounts
now
Authorized
2,825 000
37G.568
Minority interest in earnings..*.
;
The
not
are
certain
to
CAPITALIZATION
.
6,833
8,846,815
income..
on
may
$4.05
7,960,033
$2.50
ASSETSI
33,189
93,233
43,138
foreign taxes
or
$6.61
11,867,440
$3.50
39,111,853
1,790,493
account
$9,321,765
56,554
deductions
and
other
price,
761,005
disposal of fixed assets..
on
financing
purpose
amendment,
determine
to
for
$11.24
16,824,254
$4.00
4,823,458
the
used
its
of
such
lor
be
may
such
for
insurance
as
engaged.
are
5,021,186
$8,280,215
^Interest
'Loss
working capital
ordinary course
$7.4!;
19,293,129
(cash)—
59,351,453
the
of
$
4,823,458
pre¬
from
1946
$
57,100,861
1,427,783
subject
capital
1847
$
share
Net curr.
arrange¬
new
proceeds
working
subsidiaries
the
of
1350,
amend¬
including, among others, the dividend rate, the redemption
the conversion rights, if any, and the sinking fund and pur¬
2%%
—
the
the
subsidiaries
in
purposes
time
net
'
"5,097,979
,2,434,611
._
income
30,
the
Shares
.
time to
of
Under
1947
$6,464,597
„
income
Total
increase
obligations and the receivables in the regular
men
one
Operating
If
A
1943
share
per
paid
per
stock.
March
on
value
par
that
expected
to
advanced -to
or
the
used
from
vary
be
to
Unsecured short-term notes
Other
held
amendment.
$25,000,000
presently
will
may
relate
but
1948
$38,691,178
sales and
be
Earnings
1949
315,219,913 330,280,783 228,730,662 159,230,875
taxes—36,096,880
54,216,729
31,356,663
19,013,899
after
earns,
Divs.
of
preferred
Net
Divs.
be
of Opera¬
income
oper.
$100),
not
redemption
or
Gross
author¬
will
.
provisions,., .if any.- With respect to the initial series
of $25,000,000 par
value, the annual dividend rate, the redemption
prices, the sinking fund and purchase account provisions
and
the
other terms upon \rtiich such series may be sold will be determined
by the directors in the light of market conditions at the time of sale,
CONSOLIDATED INCOME ACCOUNT FOR CALENDAR YEARS
Cost of
conversion
will
(par
presently
amendment,
of
chase
the
Selling, admin, and general
initial
sale
advanced
of their shares.
part
which would reduce
sum
March
otherwise
directors
any
first
excess
not
vote
or
company, and to hold,
sell,
shares at the directors' discretion.
these
tender
will
this
an
company, and that this additional
the purchase of receivables in the
as
purchase
of
shares
the
of
class
3.
$
have
incorporation
new
a
approved by the stockholders, the directors intend,
to favorable market conditions and
satisfactory underwriting
Co.—Proposed Stock Purchase Plan—
stockholders
'directors
500,000
the proposed
on
Continental Oil Co. (&
Subs.)—Highlights
tions Revealed in 1949 Annual
ReportCalendar Years—
directors
of
of
cumulative
stockholders
(1259)
stock.
This
the
of
3.60%
the
as
exercise
unconverted
is
activities,
Colt's Mfg.
the
of
the purpose
ment
of
of
to
the
certificate
authorization
stock.
conversion
upon
stockholders
redeem
elimination
completion
outstanding
special meeting
the
consist
the
preferred
CHRONICLE
FINANCING—The
of
the
to
to
preferred
STOCK
lor
issuance
preferred
used
3.60%
providing
all
of
be
amendment
an
preferred stock
series, and for
in
3.60%
fully
are
Irving Trust
will
PREFERRED
company
issuable
ized
surrender
the
for
reserved
failure
privilege,
advisable
cumulative
expire
Dec.
9, 1949.
Holders of the
of
of
because
FINANCIAL
&
stock
common
PROPOSED
declared
tender
to
the
issued
conversion
portion
Colon Development Co., Ltd.—Offer Extended—
on
of
not
are
other
purposes.
for sale
COMMERCIAL
and advertisements must be made In New York funds.
4
and
250,000
(to
*tccfc
of common
shares
for approximately
the near
sold
be
$7,SCO.OOO) ar.d S.,5CO,0w-0 preferred slock may be offered in
future (the ccmixic-n first to common stockholders).—V. 171,
Delaware Fund, Inc.—To
(& Subs.)—Earnings—
Detroit Edison Co.
revenues
Utility expenses
said that construction of the 24-inch line
from the San Juan field to a point south of Needles, Calif., is expected
to cost $47,600,000 and be completed in the fall of 1951.
Construction
will
be financed through
the sale of $28,000,000 of first mortgage
bonds, sale of an additional $9,000,000 of
debentures to insur¬
ance companies, and the offering to the company's stockholders in the
near
future of $6,600,000 of convertible preferred stock.
The balance
of construction lunds will be provided internally from retained earn¬
ings and cash reserves, Mr. Kayser said.—V. 171, p. 1048.
Other
income
—
—
—
20,172,340
155,419
15,544,204
284,215
20,327,759
6,277,302
utility operations—
income.
corporate
Deductions
.
15,828,419
4,910,334
income
lxom
=
14,050,457
8.600,541
sales
profit
—
2,522,703
$1.83
-
paid or declared—
dividends
$1.56
ferred
per
To
and
directors
share of capital stock
—
at
in
Z97.494
148,747
$3.01
$3.62
$3.36
(Adjusted to reflect 100% stock
for dividends paid on 7% pre¬
treasury.
allowing
in
redeemed
1947.
dividend
cash
payment of a 33%%
ratification of stock¬
to
If the plan is approved, one share
three held.
The corporation paid a
common stock
in April, 1948, and pays 25
on
1950.—V.
quarterly, the last Jan. 26,
2577.
167, p.
voted to change the par value of the
class A stock from $12.50 to $2 per share and of the class B common
stock from no par to $1 per share; and to increase the authorized
number of class B common shares from 200,000 to 300,000 shares.
The stockholders also amended
the charter so that the duration of
stockholders
The
the
shall
company
171,
23
perpetual and
be
provide that the number of
than 15.
to
848.
p.
Sales
and
Cost
of
Federal
income
5%%
An upturn in sales, earnings and
backlog of
reported March 20 by J. B. O'Connor, Executive
this corporation
Vice-President.
was
only were February earnings substantially above the level re¬
ported for the first quarter of our fiscal year," Mr. O'Connor said,
"but the improvement bids fair to continue and accelerate throughout
the entire second quarter.
"The increase in backlog substantiates our expectation of a rising
trend in sales and earnings as the season advances and milder weather
permits more drilling, pipeline and construction activity."—V. 171,
p. 556.
Larger TV
Tube Soon Ready—New Plant Officially Opened—
Du Mont Laboratories, Inc.
or
area
over
huge Du Mont Allwood Tube Plant in Clifton, N. J.
This new giant direct-viewing picture tube has been under develop¬
ment for some time, stated Dr. Du Mont, and will probably be released
by fall.
It provides for the really comfortable entertainment of siz¬
able audiences by offering adequate screen size, high light levels and
clean-cut
pictorial
defin tlon
characterizing direct-viewing TV as
against the projection method.
Obviously, the 30-incli tube is hardly
intended for home receivers but rather for use in public places such
the
opening of
schools, clubs, restaurants, hotels and hospitals.
manufacturing unit of Du Mont, now also the main office, Is
on
the site of the fornfer Air Cruiser plant.
Total cost of
as
Common
shares
Earnings
per
—V.
p.
170,
$2,775,491
148,501
shares
521,292
the
354,435
$<.17
...
The
outstanding
—.—
share
common
$6.97
—
of
letter
A
shares
600
(about
notification
of
$2.50
was
stock
common
share)
per
(par
cents)
20
the
for
6
March
filec!
covering
SEC
offered at market
selling stockholder
be
to
of
account
the
with
a
Formal
marketing of
to
share.
a
rate of $1.30
unit
basis
of
will produce 12, 12%, 15, 16, 19 and 20 inch cathode ray
picture tubes for telcvison receivers.
Half of the production will
be devoted
to metal tabfes.
In addition to producing picture tubes
The plant
lor
Telev'sion
Mont
Du
the
Receivers,
also
firm
many other
receiver manufacturers.
The
opening of the new tube plant
supplies
tubes for
which
The notes
will
the
callable at par and
arc
of
part
$2,400,000
comprise
a
be
will
ta;e
the
of
instruments—V.
Du
Mont
171,
marks
organization.
Mont
Du
Co. System,
2%%
of
dividend
annual
return of around 5.35%.
by Philadelphia Co.,
used
a
retire outstanding
to
serial
notes
$33,-
and
refinancing
its
the term debt
Equitable Gas also plans
well as additional
p.an,
to
20-year debentures as
holdings in Pittsburgh & West Virginia Gas Co.
Virginia Gas Co.—V. 171, p. 1147.
West
—Earned $142,700,000 in 1949—Assets
investments
From
earned
and
stockholders
The
the
V.
company
171,
p.
and
will
vote
20
April
on
Industrial Steel, Inc.,
a
proposal
a
to
wholly owned subsidiary.—
463.
Eastern Utilities Associates
Period End. Jan. 31—
Dec.
1950—12 Mos.—1949
Operating revenues
Oper. exps. and taxes.
$1,446,295
1,232,399
1,248,873
13,813,191
14,046,205
Utility oper. income-
$213,896
40,347
$195,616
$1,872,097
569,175
$1,541,518
585,191
Other
income
(net)—_
income
Gross
income
36,978
37,599
$217,265
-
$183,232
$1,987,144
$1,724,127
100,043
77,652
27,458
23,768
Pfd. div. requirements—Blackstone
and
Electric
Co
Applicable
to
minority
$2,126,709
$2,441,272
454,128
$220,831
$254,243
—
Deducts, ffom gross inc.
Net
$1,444,489 $15,685,288 $15,587,723
25,215
Valley
Applicable to E. U. A.
operations,
insurance
total
totaled
assets
invested
was
in
bonds
Society
The
in
1949
stocks
of which $4,$908,689,888 in
and
$322,433,223.—V.
17U,
Mills, Inc.,—Common Stock Increased—
addition
to
approving
the stockholders
stock
a
on
change
Feb.
7
of name from Erwin Cotton
voted to increase the authorized
1,150,000 to 1,400,000 shares; eliminate
authorization of 25,000 shares of preferred stock (par $100), none of
which
(par $10)
lrcm
is
outstanding; and to change the annual
third Tuesday in March.—V. 171, p. 948.
meeting
sales
Cost
and
gross
Opearting
Other
...
.J.]
profit
income
Other
income
$1,622,707
255,605
9,185
—
Total
$1,878,312
180,043
157,966
—
$1,994,736
...
$1,720,346
Expenses
General
income
'
taxes
Federal
I
taxes
Interest
Net
Total
income
Interest
39
2,827,051
98,976
57,106
$4,123,032
86,394
2,165,000
44
15,381
$3,518,575
425,806
$2,498,638
398,806
$8.26
profit
Common
shares
Earnings per
$6.26
171,
outstanding..^
share
common
$1,692,721
dividends paid-... L
Convertible dividends paid—
1,371,305
236,869
—
$1,559,865
1,371,300
118,434
171, p. 359.
EI Paso Electric
Operating
revenues
—
Oper. exps. and taxes..
Utility
Other
oper.
incomeincome (net)
Gross
Income
Net
$513,196
370,229
369,684
1950—12 Mos.—1949
$5,871,445
$5,427,322
4,328,937
$142,967
$1,542,508
882
765
17,165
37,139
$143,732
11,817
$1,559,673
Operating
Net
oper.
Non-oper.
Co.—Earnings—
1950—Month—1949
1950—12 Mos.—1949
$194,093
171,734
$22,794
$25,835
4,637
$21,148
(net)
$1,883,114
1,733,724
219,600
163,671
dividend
$1,340,073
Balance applic. to
$123,321
requirements
ccmmon
$131,915
Gross
$149,390
57,774
$105,713
$30,755
4,794
$207,164
67,500
stock and surplus
Earnings per share (381,994 shares)
—V. 171, p. 848.
„
income
gross inc.
income
$1,272,574
$1,137,215
v
$3.33
$2.98
Inc.,
is not
em¬
171,
(& Subs.)—Earnings—
income
1949
1948
$42,011,579 $33,040,151
265,089
157,007
—
-
„—
———
income
and
31,908,990
490,000
$1,245,031
$798,168
$2.84
share——,
common
per
Foremost
$33,197,158
95,000
—_—_
——
NOTE—The
of
—
..
taxes_
income
income
Earnings
$42,276,668
40,936,637
-
expenses
Provision for Federal
statement
for
income
of
includes
1949
$1.80
the
operations
Delaware corporation), for the period
from Jan. 1 to March 26, 1949 (net income, $154,039) and of Fore¬
most Dairies, Inc. (a New York corporation), and subsidiaries for the
period from March 27 to Dec. 31, 1949 (net income, $1,090,992). It
does
not include
the operations of Maxson Food Systems, Inc.
and
Dairies,
for
the
Inc
(a
period
from
Jan.
to March 26,
1
1949
(net
loss,
$538,736, including extraordinary
adjustments incident to merger).
The figures for 1948 are those of Foremost Dairies, Inc. (a Delaware
corporation).
The operations of Maxson
Food Systems,
Inc;
and
subsidiaries
V.
170,
of
for
the
1948
year
resulted
in
net
a
loss
of
$292,523.—
2331.
p.
stockholders
from
100%
Net
sales
profit for
of
March
on
shares
180,000
stock
100%
a
Stock Dividend—Sales and
dividend
will
29
vote
500,000
to
the
on
increase
to
shares
outstanding
to
the
capital
declaration
permit
164,000
shares.
amounted to $1,546,086, or $9.42 per share, on
1948 net income was $1,212,989, or $7.39
1949
$13,985,979.
For
share, and sales totaled $13,076,559.
D.
J.
O'Conor, President, said that the directors hope earnings wilt
at
a
sufficiently satisfactory rate to warrant payment of
at a rate of $1
quarterly, on the basis of presently out¬
continue
standing stock.
The company recently
April 1 to holders of record March
Fox Metal Products Corp.,
declared $1 per share,
15.—V.
168,
p.
payable
344.
Littleton, Colo.—Files With
Securities and Exchange Commission—
57,005
38,810
$25,961
$150,159
$137,500
p.
corporation
on
March 16 filed a letter of notification with the
of common stock (par $1) to be offered at
$2.08
1189
Fundamental Investors, Inc.—To Incr.
1,803,835
The
7,961
70,598
&
p.
Insurance
Corp.,
Mesa,
Ariz.—Files
on March 13 filed a letter of
the SEC covering $225,000 face value of
subscriptions
to 25-cent par value stock in the
corporation, the
proceeds to be invested under a trust
agreement.
The company and
rarm & Home Loan &
Discount Co., Mesa, Ariz., are underwriters.
with
holders
le
Jl
1.1
on
March
16
approved
a
proposal
to
reduce
/i
V)
ana do not
cap,tal by $6,000,000 through cancellation of preferred
treasury or still unissued. James Coggeshall, Jr.,
7,
01 b7o
' the Mellon interests do not
influence management.—V.
170,
Fitzimmons
stockholders
indebtedness
As
Stores,
p.
own
any
voting stock
2584.
Ltd.—Preferred
Stock
Offered—
°; on March 21 publicly offered 36,000 shares
cumulative convertible preferred stock at
par ($25
snare) and accrued dividends. In
addition, the un¬
derwriters purchased
4,000 shares for investment at
per
$23
dividends.
from
of Sept.
5,000,000
a
to
Capitalization—
proposal to increase the au¬
10,000,000 shares.—V. 171,
will
vote
April
$6,000,000 to
22
on
increasing
the
authorized
$9,000,000.
30,
1949, the company had outstanding $4,666,000 3%%
notes due May 1, 1963, of an original issue of $5,000,000
1948.
The
of
purpose
the
immediately available.
entered
into
a
increase
in
The
however, recently announced it
purchase all the outstanding capital
authorized
indebtedness
was
not
company,
contract
to
stock
of
American-Austrian
Magnesite Corp.
of Pittsburgh a sub¬
sidiary of which owns and operates magnesite deposits and a refractory
plant near Radenthein, Austria. See V. 171, p. 751.
brick
General Reinsurance Corp.—Group Shows Substantial
Assets, Reserves and Policyholders' Surplus—
Year-end
the
May 8 on
695.
Gains in
First Boston Corp.—To Reduce
Capitalization—
vote
from
stock
General Refractories Co.—Plans Increase in Debt—
had
Stockholders
capital
promissory
Home
Robert N. James and James E. McNeils
notification
stockholders will
thorized
in
Farm
per share and
,
Other
$176,311
181,809
Earnings per share
—V. 171, p. 359.
$1,331,247
$1,204,715
67,500
Markets
company
$1,909,548
$2.27
income
inc.
$204,603
$22,359
3,476
revenues
$1,368,386
22,723
sales
Net
The
Period End. Jan. 31—
4,096,075
$145,161
(net).
income
Preferred
$514,845
the
present
$3 per share, the proceeds to be used in liquidating current obligations
to the RFC and other creditors,
No underwriting involved.—V. 165,
.
1950—Month—1949
$146,044
income
deducts,
Co.—Earnings—
At
SEC covering 30,000 shares
entitling
Period End. Jan. 31—
Foremost Dairies, Inc.
1048.
p.
With SEC—
income
Public
Roberts
of
10.
1,538,000
charges
95,049
14211
Feb.
Years Ended Dec. 31—
$4,024,056
$5,740,081
......
Provision for Federal income tax_
Net
102 004
~I
"
_
Common
—V.
$1,717,830
47,492
53 790
:
„
1949
$1,872,764
_
terminated
948.
p.
The
1950
income
shareholders
minority
was
dividends
Deducts, from
Earnings of Holding Association Only
12 Mos. Ended Jan. 31—
Total
offer
at
making any offering of class A shares to stockholders, officers,
ployees or others except upon conversion of preferred shares.—V.
17,374,270
"
Balance.
to
which
stock
111,697
Oper. exps. and taxes..
$2,174,779
Expenses, taxes and interest..
176,323
conversion of
is subject to
adjustment, but including 12,942 shares issued between Dec. 31, 1949
and Feb.
10, 1950 pursuant to the offer of exchange made by the
The
1948
$5,628,984
(net)
Fall River Gas Works
$1,859,643
176,323
shares
per
—V.
305,951
—
$1,020,000
100,000 class A shares issuable upon
the initial conversion price which
including
preferred
Formica Co.—Plans
22,789,959
3,130,950
—
;
40,000 shs.
"72,943 shs.
100,000 shs.
$1,020,000
the
to
machines. $31,549,893 $24,225,377
;
—
Selling and general and admin, exp
Outstanding
Earnings Higher—
1949
inc. from leased
sales
of
date
(& Subs.)—Earnings—
Years Ended Nov. 30—
Net
$1,622,707
Eastern Utilities, Associates—
par)
——
...
subsidiaries
Erwin
'
Earnings of subs, (as above)
Non-subsidiary income
I
loans
Net
$5,269,289,168,
and
FINANCING)
40,000 shs.
200,000 shs.
100,000 shs.
par)
conv.
A,
Total
1293.
p.
Net
$1,859,643
—
.
402,582
Gas
interest
1949,
31,
056,614,122
Ex-Cell-O Corp.
(& Subs.)—Earnings—
1950—Month—1949
and
PRESENT
TO
par)
$5,269,289,168—
mortgages and real estate.- Surplus amounted to
common
consolidate
EFFECT
the
or
Kentucky
of whicii $6,000,6*00 was set aside- to strengtnen
$83,800,000 was allotted for policyholders' dividends.
and
Public
owns or controls 95%
of the
Inc., and intends at some time in
consolidation of the Roberts chain
($25
$142,700,000,
reserves
Roberts
of
made.
company
Markets,
complete
(GIVING
cumul.,
6%
shs,.
Class
Cost
Mills Co.,
Corp.—Merger Proposed—
the
the
5% cumul., partic. ($1
Class B, 5%
non-cum., part.,
($1
Pfd.
issue
Equitable Life Assurance Society of the United States
In
Eastern Stainless Steel
date
Public
effect
shares
of
was
with its own by merger, consolidation, dissolution of Roberts
acquisition of the remaining shares which it does not now own.
common
amounting to approximately $4,700,000.
Both the debentures and
common
are
to be taken up by Philadelphia Co. in exchange for its
stock
company,
103,875.
at
stock
4.
p.
present
Roberts
to
value
the time the offer
of
future
book
the
with
at
company
common
contemplated
collateral trust sinking fund bonds maturing in 1961.
$17,50)000 of 3V2V0
At
another step in the
opened the world's
largest receiver assembly plant in East Paterson. N. J., last September
and also operates a large plant at 1000 Main Avenue, Clifton, N. J.,
lor the manufacture of transmitter equipment and special electronic
advance
Ins.,
the
At
"Not
stock Is ex¬
reportedly at a price
shares of
March 29,
a
share, that would indicate
a
709,000 of 4>A%
As
about
or
the Standard Gas & Electric
in
debt,
on
the
On
oblained from
Proceeds
2,000,000
the
underway
get
$24.25
the
exchanged for 12,943 of
The exchange offer was based on a
and market price of the company's
class A shares.
the book value
of
shares
A
Markets,
Bank
Equitable Gas Co.—Proposed Stock Offering—
pected
to
1,849 Roberts shares had been so
company's
Notes
of
foods
frozen
and
cream
on
Authorized
through Reynolds & Co., New York.-^-V. 171, p. 948.
additions by Du Mont, exceeds
plant, including improvements and
$2,500,000.
ice
others.
CAPITALIZATION
located
the
time
which
the
comparison
97,159
2023.
products,
and
Oct. 19, 1949, owned or controlled 25,269 of the
28,523 outstanding shares of Roberts Public Markets, Inc., and the
remaining 3,254 shares were owned by some 45 persons.
On Dec. 23,
1949, the company made an offer to such minority shareholders to
exchange for each Roberts share held by them seven of the company's
class
A
shares.
This offer was kept open until Feb. 10, 1950, at
415,497
—
—
others.
by
Emery Air Freight Corp.—Files With SEC—
Du Mont at the official
disclosed March 27 by Dr. Allen B.
was
use,
pref, divs
operated
and
company
668,206
dividends..—
preferred
cum.
dividends
also
owned
dairy
eggs,
145,000
—
600 square inches of 3crecn
three times that of the large 19-inch tube already in general
with
tube
TV
diameter
30-inch
A
conv.
one
company
the
$3,057,141
91,075
120,354
year
Common
"Not
(Allen B.)
for
cumulative
and
and Roberts own an aggregate of approximately 30%
capital stock of Jerseymaid Milk Products, Inc., which supplies
The
cf
under the names Fitzsimmons, Thriftimart and
under the name Clarks' Ranch.
supervises the operations of departments in
operated
are
markets
1,935,000
taxes
Ltd.
company
class
income
Net
5%
Industries, Inc.-rUpturn in Activity—
Dresser
The
18,324,361
4,135,153
131,517
Pennsylvania Income taxes
1930 the company was incorporated in
September of
and
Inc.,
the present time the company's markets and those of Roberts
operated as a single chain consisting of 48 super markets.
The
150,000
~—
subject to dilution privi¬
is
At
1,950,000
expenses
expense
price
company
acquired all of the assets or Associated Stores of
(Calif.), in exchange for capital stock of the
company.
In October of 1949 the company acquired control of 88%
of the capital stock of Roberts Public Markets, Inc. (Calif.).
16,847,364
4,288,037
49,617
;
and
Interest
1948
1949
$26,342,159 $27,446,522
revenues.
products sold
administrative
Selling
be divisable by 3 and not less than 9 nor more
directors shall
—V.
Feb.
on
BUSINESS—In
California
America,
Roberts
Elliott Co.—Earnings—
Year Ended Dec. 31—
fractional
intends to use all of the proceeds from
the sale of the 40,000 preferred shares, amounting to $920,000 before
expenses estimated at approximately $21,400, to retire to that extent
indebtedness to Security-First National Bank
of Los Angeles.
The
company borrowed $1,840,000 from the bank in connection with the
acquisition of its subsidiary, Roberts Public Markets, Inc.
4.
every
convertible into class A shares (and
shares) at the conversion price,
are
The conversion
uate>.
PROCEEDS—The
The
Raynolds Co., Inc.—Changes Par of Shares—
Devoe &
icdemptiwn
leges.
Roberts,
the
subject
stcck,
April
on
for
preferred shares
cash in lieu of
or
taxing the preferred shares at $25 per share, of $10 per class A
share, at any time or from time to time (except that in case of
1 ademption
of any preferred shares the conversion right shall cease
as
to shares called for
redemption on the fifth day preceding the
are
7,697,173 in 1950 and 6,997,430 in 1949.—V. 171, p. 1147.
"Based oil
The
scrip
markets
recommended
14
common
on
meeting
a
stock
in
cents
March
distributed
be
100%
•Net income per
297.494
alter
was
on
dividend
will
held
1948
which
1,004,369
Pay 33%% Stock Dividend—
The
holders
construction
in
1,075,818
share
common
shares
paid
stock
stock
business for working capital
Retained in
896,452
after
tEarnings
dividend
1947
1948
1949
Monday, March 27, 195U
$11,817,377 $12,583,512 $11,631,146
„
taxes
"Number of common shares
10,918,085
8,395,377
5,449,916
income
Net
Cash
(& Subs.)—Earnings—
Electrographic Corp.
"'Includes
Gross
President,
Kayser,
Year Ended Dec. 31—
Net
Net
Balance, income from
CHRONICLE
Finance New Constructs
EI Paso Natural Gas Co.—To
Paul
$
122,540,826
116,627,910 106,996,622
—
FINANCIAL
&
1949
1950
Ended Feb. 23—
$
irom utiiity operations——— 136,800,250
Months
12
the $1
shares.—V. 171, p. 660.
capital stock from 1,000,000 to 1,500,000
Gross
1147.
p.
Increase Capitalization—
18 on a proposal to increase
The stockholders will vote April
par
COMMERCIAL
THE
(1260)
statements
the
of
insurance
Group
disclose
insurance
Corp.,
a
corporations comprising the
General Re¬
total
assets of $53,557,094 for General Re¬
$2,561,497 over 1948 year-end and total
assets of $21,566,894 for North Star Reinsurance Corp., a gain of $3 208,485.
gain
of
United States Government bonds and cash boWne** or Genial Re¬
insurance Corp. aggregated $23,997,392 and constituted 46% of its in¬
vestments.
North Star Reinsurance Corp.'s government
nolaings
cash amounted to
Reserves for
$12,375,029,
claims and
or 61 %
claim
and
of its investments.
expense
of General Reinsurance
Cor¬
poration were $24,540,270, an increase from the prior year of
$1,554,178.
The corresponding reserves for North Star were
$1,689,435, -a decrease
of $165,670 from the prior year.
Reserve Tor unearned .premiums of, General Reinsurance
,
$7,604,648,
an
increase from
the prior year of
Corp. was
$277,503, and for North
Volume
Star
the
171
Number 4893
unearned
$1,873,262.
Voluntary
premium
THE
$12,583,930,
was
reserve
increase
an
of
the
utility
without
General
of
reserve
.
Reinsurance
Corp.
Capital
reserve,
Policyholders'
was
$6,158,399,
the
prior year.—V.
surplus
North
of
171,
these
of
names
knowledge.—V.
or
firms
two
171,
used
were
Reinsurance
Star
The company
covering
filed
on March 8
10,000
shares
of class
letter of notification with the SEC
a
A
stock
and
shares of
class B common stock to be offered at $20
and $50 per share, respec¬
tively, the net proceeds to be used to place first mortgage loans on
homes and for other realty transactions.
Corp.
tae close of
at
%
Union
1048.
p.
(J. B.) Gundel & Co., Inc., N. Y. C.—Files with SEC—
1148.
p.
The
permission
common
2,000
5
(1261)
7C
Securities Corp
27.25
The First Boston Corp
$3,224,139, an
was $5,000,000 and
increase of $730,757 from that shown
an
corporation.
their
CHRONICLE
FINANCIAL
&
was
increase frcm the prior jear of $1,128,216.
surplus $10,000,000, representing no change from the prior year.
Policyholders' surplus was $18,224,139, an increase from the prior
year oi $1,128,216 reflecting the increase in the
corporation's volun¬
tary
COMMERCIAL
12.93
F. S. Moseley & Co
Alex. Brown & Sons
Smith, Barney 8c CO
White, Weld & Co
W. C. Langley & Co
V. 171, p. 1149.
12.93
Clark,
7.79
5.20
12.S9
Eateman,
Eichler & Co
5.20
2.60
7.79
Boettcacr
and
2.60
Johnston,
Lemon & Co
Dodge & Co
co
2.60
Huttig Sash & Door Co.—Stock Changed—Stock Dis¬
tribution—
Genuine Parts
The
stockholders
Feb.
on
27
approved
Campbell
of
merger
a
Parts
Corp., Boston, and the latter's affiliate, N.
England Warehouse, which was completed, effective
1950.
The
company
also
Parts & Supply
Alabama
Hahn Aviation
Co.—Consolidation—Acquisitions—
purchased
Supply Co., Columbus, Miss.,
1.—V.
of Jan.
as
Ala.,
169,
New
Jan.
stores,
and
Auto
March 9 filed a letter of notification with the SEC
covering 100,000 shares of capital stock to be offered at par ($1 per
share), the proceeds to be used to pay for the manufacture and sale
of a patented aviation spark plug. No underwriting involved.
Motor
A.
of
as
additional
two
Tuscaloosa,
Co.,
P.
A.
1,
West
Parts
Insurance
»
$550,000
has authorized the company to issue $950,OCO of equipment
certificates to buy nine Diesel engines.
The certificates will be
plus accrued dividends, to the RFC.—V. 171,
dated
1,
to
used
The
Pine
V.
lias invited sealed, written proposals for the purchase
$15,000,000 of its first mortgage bonds.
Such proposals are
presented
at the office of Southern
St., New Yoik 5,
117, p.
N.
Y.,
before
11
Services.
Inc., Suite 2000,
(EST),
a.m.
April 4,
on
had
purchase
168,
payable
$237,500
for
been
the
a
plant
of
subsidiary
a
and
additional
for
The
company
March
on
filed
13
letter
a
of
Hartford Rayon Corp.—RFC Loan-
Glidden Co.—Common Stock
Offering Underwritten—
it
offering of 178,535 shares of common stock (no par
value) to common stockholders of record March 15 at
has
been
underwritten
will
bankers headed
New
way,
York,
stock
common
appointed
Y.,
N.
now
its
The
one
addi¬
100
Broad¬
The
SEC
New
York
lo
accept
agent,
Trust
Co.,
net
subscriptions
estimated
are
at
for
the
company
covering
in
the
form
of
March
on
short-term
Central
notes:
receipt of
financial
of
National
20
filed
registration
a
are
which has
Members
(38.3%),
which
tale
of
All
ment.
the
certain
Eberstadt
family
be
trie
shares
reduced
of
the
remaining
stockholders.
selling
F.
his
of
will
of
own
to
with
statement
eight
additional
an
302 009
incluaed
shares
the
In
directors
Bank
Cleveland, The Chase National Bank of the City of New York, 'ihe
City Bank of Cleveland, The National City Bank of New
York, The New York Trust Co., The Philadelphia National Bank, and
Wells Fargo Bank & Union Trust Co.
The remaining $3,000,000 of
404,148
by
known
income
and
Total
GIVING
EFFECT
TO
WA
pfd. stock (par $50)
(without par value)
conv.
cum.
stock
"Excludes
shares
294,920
reserved
200,000 shs.
stock)
1947
1948
upon
the
of
issuance
stock
dated
herebly.
$<n°15.2l5
50,762,601
1,607,000
3,193,600
38,560,422
2,194,000
Cr22,340
Cr:2,150
upon
involuntarily
168,193
Cr54,985
$2,328 056
$5,010,631
$3,452,603
$12.60
162,
p.
of
which
there
have
and
1947
in
1949,
March
the
is
15,
2%
stock
$20.59
now
dividend
distributed
share.
per
1950, such options
During
the
on
six
the
months
As
facture
industrial
of
founded
in
1875,
varnishes
which
and
engaged
was
"Jap-A-Lac"
the
in
The
business
of
the
company
and
its subsidiaries as now constituted
comprises five principal
classifications
or
subdivision,
namely,
the
Paint Diviion, the Food Division, the Chemical and Pigment Division,
the
Vegetable
Oil
Division
UNDERWRITERS—The
respective
for
holders of
agreed
to purchase
writing agreement,
&
Co.,
Hornblower
Lehman
Merrill
to the
follows:
as
&
(Inc..)
—2
Hallgarten
&
5.5
NOTE—Above
Corp.
5.5
percentages
to
allotment
on
March
&
shares.—V.
171,
version
eliminate
to
to
for
the
Months
warrants
right:, issued to holders of the
warrants, during the subscription
representing
rate of 1.09 shares of common
stock.
The
vote
from
stock
upen
charge
account and
surplus
later
a
stock
from
of
deficit
to
by
$1
commence
in
the
reducing
10
to
earned
Such
April 1, 1055, at the initial
stock, equivalent to a con¬
stock for each share of preferred
H.
conversion
price
and
rate
subject
are
adjustment
to
cents
the
capital
per
share,
earned
surplus
expenses
W.
Frazer,
objections
Chairman
and
by &EC would
raised
delay
the
proposed
p.
that
to
Ltd.—Regis¬
to
company
prospect
for,
and natural gas reserves in western Canada
oil
filing on March 22 of
$10,000,000 notes due
United States
the
note
registration
April
1,
statement
1965,
was
and
disclosed
develop
with
the
with the SEC covering
and 500,000 shares of capital
will be offered simultaneously
It is proposed that the securities
Stock.
in
a
acquire
in
the
principal
stock.
Each
warrant to purchase
capital
Dominick
share.
and
&
Canada
amount
of
units,
as
$1,000
each unit consisting of a
(Canadian) and 50 shares of
note will carry a non-detachable subscription
an additional 50 shares of capital stock at $10 a
Dominick
and
Peabody & Co.
Kidder,
are
heading
the United States underwriters and James Richardson & Sons head the
Canadian underwriters.
The
notes,
due
April
first
two
years,
the
for
rate
price will be filed by amendment/
1, 1965, will bear Interest at 1% per annum
rising to 4% in 1955 and continuing at that
thereafter.
Lewis
A.
The offering
W.
MacNaughton,
Arbuckle, of Montreal,
Green Mountain
of
Dallas,
Texas,
is Vice-President
Power
Is
President and William
and
Corp.—No
Treasurer.
Commitments En¬
tered Into With Two Banking Houses—
It
was
stated
"Chronicle"'
#
Co.
shares
We
in
that
an
article appearing
Harriman
Riolev
&
in
the March 16 issue of the
Inc., and Goldman, Sachs
would be the probable underwriters of an Issue of 100,000
of r.ew
common
stock of the above corporation.
have
been
informed
by
Co.,
officials
of
Harriman
Ripley & Co^
Inc.', and Gcldman, Sachs & Co. that they have had no dealings
whatever or entered into .-ny commitment::, written or otherwise, with
PRESENT
TO
FINANCING
Outstanding
stock
$4,000,000
$4,000,000
cumulative pfd.
of
(par
stock
76,983 shs.
461,900 shs.
76,983 shs.
600,000 shs.
(par $50)_
$5)
$400,000 payable Sept.
all
added
be
thereof
mine
near
net
15,
1955.
the sale of the preferred stock
proceeds from
to the
working capital of the company, and substantially
will be used to complete the development of the Blackbird
This mine Is a cobalt and copper property.
Forney, Idaho.
COMPANY—Incorporated in Maine on Aug. 22, 1903.
Is engaged,
directly or through subsidiaries, in the mining in the United States,
Canada and Mexico of ores containing various non-ferrous metals, in¬
cluding
this
EFFECT
notes,
"Payable $360,000 semi-annually commencing Sept. 15, 1950 with bal¬
ance
ters With SEC—
of
serial
Common
account.
exchange offer
GIVING
Authorized
capital
4,
Great Plains Development Co. of Canada,
Formation
CAPITALIZATION
*2%%
to
and
to
March 7 announced
holders of the company's preferred stock.—V. 171,
com¬
to about
$22,000,000.INCOME
ACCOUNT
28—
1950
etc.,
Preferred
1949
$40,892,036 $33,074,973
and taxes-
32,246,502
30,043,705
$3,646,134
$3,031,273
Public Service
75,000
$8,721,134
;
$3,100,273
reductions
1:734.843
_—
dividend
applicable to common stock
Earnings per share of common stock
$6,267,442
$6,267,442
$3.03
*
(requirement)
Balance
1.G38,o31
$0,036,286
407,333
$6,o28,953
,.
$2.91
NOTE—The
applicable
stock
issued
based,
are
in
preferred dividend requirement shewn above is that
to the $10,000,000 par value of 4.70% cumulative preferred
October
April 19, 1949.
2,156,406 shares
on
on
and November,
Earnings per share of common stock
which includes 239,601 shares Issued
1949.—V.
171, p. 949.
Indiana Associated Telephone Corp.—New President—•
Herbert
E.
Hussey
Ralph
Anderson,
been
elected
succeeds
L.
has
elected President succeeding L. F.
elected Vice-President.
George
National Bank of Elkhart, has
been
Heusel has been
D.
President
the
of
First
director
to
succeed
Shepherd
as
a
a
F.
William
Meinke.
C.
Mr.
Heusel
director.
Mr.
Hussey formerly was Vice-President and Chief Engineer and
has been direct'ng the affairs of the company since March
1 when
Mr. Shepherd resigned to become President of Pennsylvania Telephone
another General Telephone Corp. subsidiary.
Mr. Huesel
formerly General Auditor of the company.—V. 171, p. 1149.
Corp.,
Inter-Mountain Telephone Co.—Registers With
company
March
20
filed
was
SEC—
registration statement with the
95,000 shares of its voting common stock ($10 par).
on
a
standing shares of
PROCEEDS—The
on
Pierce,
The
75,000
income
•The
preferred stock.
will
President,
Lynch,
stock.
the
revenues
SEC covering
Holders of
4'/a%
Exchange Offer Delayed—
J.
Merrill
for
underwriter
as
price and interest rate
terms of the under¬
the
and
any
Ended Feb.
Sharp, President, announced that approximately 70% of the
outstanding common stock oh March 20 had authorized the new class
of
value
par
account
offering
amendment.
income
Interest,
in
H.
be
may
authorized
surplus
aew
n
stockholders
date
decrease
to
$5,174,625
to
common
the
at
proposal
a
$12,374,625
authorized
the
authorize
that
reports
company
to
named
program
operating
Gross
events.
Graham-Paige Motors Corp.—To Reduce Capitalizat'n
asked
The
stock,
revenues
Operating
S.
Co., New York, N. Y., has been appointed sole
subscriptions to the 4'A% cumulat ve preferred stock
accept
certain
,
2.0
1148.
p.
public.
redeem
to
of
fractional
the
to
is
Beane
Shepherd.
into common stock at any time on or before
conversion price of $46 per share of common
3.0
2.0
subject
are
and
stock, and to transfer the
period exp r:ng April 4. 1950
The preferred stock Is convertible at the option of the holders thereof
3.0
Bacon, Whipple & Co
Henry Herrman & Co
5.5
stock held of record
common
5.5
Securities
Maynard H. Murch & Co.
.____
1955
Trust
exercise of
upon
!
Co
&
Bankers
agent
5.E(
5.5
American
to
writers headed by Union Securities Corp.
under¬
Co.
McDonald
_____
Co
the
Hayden, Miller & Co
M. Loeb, Rhoades &
10.0
G. Becker & Co. Inc.Central Republic Co.
severally
Carl
10.0
A.
the
and
have
in
12
1950. Any shaies of preferred stock not subscribed
by the stockholders will be purchased at the con¬
clusion of the subscription offer by a group of under¬
subscribed
not
forth
set
competitive bidding.
Of the stock,
first to the holders of the company's
at
COMPARATIVE
for
The
Pierce,
Beane
stock
underwriters
common
loan.
20,
Division.
underwriters,
common
the
conditions
10.0
Brothers™
Stores
several
of
27.0%
Weeks
Lynch,
Fenner
the
of
which
subject
are
Naval
shares
warrants
Inc
&
the
names
percentages of the
by the
Blyth
and
each six shares of
RFC
shares of outstanding <\70% cumulative
preferred stock not exchanged.
The offerings ©I bonds and stocks are
not contingent upon each other.
Net proceeds from the sale of the bonds and from
$5,000,000 par
value of the preferred stock are to be used for the payment of shortterm bank loans made by the company to linance construction and
the balance for new construction.
Net proceeds from
the remaining
$10,000,000 par value of preferred stock to be offered In exchange will
be applied toward the redemptio price of outstanding 4.70%
cumulative
preferred stock not exchanged.
The company's construction program
during the years 1950 to 1953 is estimated at $61,000,000, of which it
is estimated $25,000,000 will be expended in 19E0.
It is estimated
that
$37,000,000 of new financing will be ne-e sary and that the
proceeds of the present financing will reduce future new financing
serial
Co.—Offering to Stockholders Underwrit¬
offering to holders of its outstand¬
ing common stock the right to subscribe for and purchase,
prior to April 4, 1950 at a price of $50 per share, 76,983
shares of a new class of 4V-i% cumulative preferred stock
(par $50) on the basis of one share of preferred stock for
manu¬
stains.
vainish
3'/a%
,31.
Howe Sound
COMPANY—Incorporated in Ohio on Dec. 11, 1917.
At its forma¬
acquired the business and assets of The Glidden Varnhh Co. of
Ohio,
Dec.
of
the
statement with the
1980, and
registration
a
Company
ten—The company is
tion
Cleveland,
offered
be
the price of the
be disclosed by
to
are
intends
Net
ended
stock, at $20.59 per share.
common
bonds,
Net
exercised by 18 employees, including
were
three officers, as to 4,517 shares of
to
are
offered
be
the
458.
1949, there was outstanding $454,545
debentures, payable in instalments of $45,454.50 annually
balance $181,318 in
1956.—V.
161, p.
1203.
stock
common
bonds
to
are
of
Holeproof Hosiery Co.—Debentures Issued—
granted to
employees options to purchase, at any time prior to Nov. 1, 1952, so
long as the holder remains in the employ of the company, at a price
which, as adjusted to give effect to the split-up of the common stock
in
filed
21
Dividends received from Kewanee
in respect of 19,810
certain officers and key
been
on
$8.63
__
Earnings per share
—V.
due
200,000 shares of 4.70%
cumulative preferred stock in
exchange on
a
share-for-share
basis plus a cash payment.
The
shares not so taken in exchange and the balanre of
100,000 shares
Crl03,118
30,697 shares held in the treasury of tne company,
shares
The
Operating
profit
ba»ance
'
Adjustments applicable to prior yrs.
Net
stock.
outstanding
needs
re¬
liqui-
the creation of 200,000 shares
Co.—Registers With SEC—
March
on
Crl88,692
$8.32
taxes
(est.)
inventories
excludes
Also
of
$58,909,088
44,894,184
:
Federal
placement
*1,963,888 shs.
March
offered
S40 or;; 037
expenses
Recoverable
15, 1950, against
conversion
of the outstanding shares of convertible preferred stock.
The number of shares so reserved will be increased to 298,911 shares
(1,498 shares of common stock per share of
convertible preferred
as
__2
and
Federal & State income taxes
199,540 shs.
3,000,000 shs.
of
Ccst
Outstanding
$4,000,000
payable
Common
FINANCING
PRESENT
Authorized
(par
involved.
outstanding
any
200,000 shares are to be offered
Fenner
the company.
to
CAPITALIZATION,
Notes
3949
stock
1149.
p.
company
among
included
$49,556,322 $58,812,470 $43,836,180
418,775
96,618
79,035
credits
notification with the
$1001, and 1,200
of
letter
a
preferred
No underwriting
Illinois Power
writing
&
sales
to
cleaner.
liquidate
to
171,
state¬
(Edward) Hines Lumber Co. (& Subs.)—Earnings-
Other
filed
(par $10), to be offered at p?r.
The proceeds
pay for experimentation,
manufacture and sale
company
pany
Years Ended Dec. 31—
Net
outstanding seasonal borrowings is in the form of
commercial paper sold by the company, the holders of which are not
presently
696.
covering $10,000,000 of first mortfea-e l.onds,
due
300,000 shares of cumulative preferred stock ($50 par).
Co., Inc., and Watling, Lerchen & Co. have been
named
as
the princ pal underwriters.
Tne public oiier ng price arid
unclerwrit.ng terms are to be supplied by amendment.—V. 171, p. 557.
National
made.
stock
SEC
of
the
—V
the
(28.6%)
registration
are
p.
states that the directors have recommended the sale
of
the new preferred and additional common stocty to provide addi¬
tional working capital for increasing volume of business.
It is also
the
low
shares.
the
be
171,
ditticulties,
$000,000 loan from
a
will
owned
14.—V.
$8 par cumulative convertible preferred
The
planned
company's plant
300,000
shares
shares
after
$4,893,596,
deducting underwriting commissions and expenses.
Of such net pro¬
ceeds, $4,500,000 will be applied to the reduction of seasonal borrow¬
ings of the company, presently outstanding in the amount oi $8,500,000;
the remainder will be added to working capital.
The following are
the
holders
of
$5,500,000
of
such
presently outstanding seasonal
borrowings,
the
because
be
to
March
The stockholders on Feb. 23 authorized
of
165, P, 2926.
10,000
proceeds
after
month
a
that
3
October
shcres of its common stock
($2 part.
All of
outstandinp^ and arc being offered for sale by
53
selling stockholders.
Among them is Aben E. Johnson, President
and
director, who holds 32,834 shares (3.1%) and proposes to sell
being offered.
PROCEEDS—The
last
Hastings .Manufacturing Co.—Registers With SEC—
these
has
within
reopen
March
on
since
used
vacuum
a
The
tional share for each ten shares held.
company
down
cn March
16
1,600 shares of
common
be
to
are
group
a
by Blyth & Co., Inc.
right to subscribe on or before March 29 for
The
announced
shut
RFC.—V.
of
Holders have the
by
was
been
The
stock
new
effeceive
company
covering
shares of
the
covering 2,000 shares of common stock (par $1) to be offered at
$20 per share through Paul H. Davis & Co., Chicago, III.—V. 171, p. 360.
20
of
became
Hytron Radio & Electronics Corp.—Stock Authorized—
with
notification
SEC
1950.—
shares
two
changes
The
SEC
of
1693.
p.
1143.
$23.75 per share
each
Hydroway, Inc., Philadelphia, Pa.—Files With SEC—
and
quarterly,
at
on
or.gin.vuy $zao,00U). The loan
total of $800,000.
The proceeds
$12,500
Latter
Hammond Instrument Co.—Files With SEC—
company
it of
be
1949 had outstanding a $787,500 bank
loan,
on
1949
equipment.—V.
to
Dec. 31,
company
and 3(4%
Sept.
were
S48.
p.
Georgia Power Co.—Bids for Bonds—
from
for
The
The company at
Georgia & Florida RR.—Equip. Ctfs. Authorized—
sold at par,
stockholders on March 9 approved a proposal to change the
common stock from 139,861 shares, par $5, to 400,000 shares,
$10, one new share to be issued in exchange f_r each share held.
In addition, a stock distribution of one additional share of new stock
(C. M.) Hall Lamp Co.—Loan Placed Privately—
The ICC
trust
The
authorized
par
&
1007.
p.
Products, Inc., Phila.—Files With SEC
The company on
gold,
silver,
zinc and
copper,
record
at
the
close
of
95,000
used for general
During
1949,
3 Months Ended Jan. 31—■
Cost
goods sold and other oper¬
ating charges
147,338,000 184,959,000 156,949,000
Selling, collection & admin, expenses
20,794,000
17,645,000 16,574,000
revenue
from
income
11,616,000
and lead,
metals recovered from; the ores produced thereby, are the
Chelan mine (1938—cbpper, zinc, gold and silver) in the State of Wash-"
types
the Britannia mine (1905—copper, gold, sliver, zinc and iron
pyrites) in the Province of British Columbia, Canada1 the Snow Lake
mine
In the Province of Manitoba, Canada; and
(1916—lead, silver and zinc) and El Carmen <1949—cooper,
11949—gold and silver)
Potosi
gold and silve) mines in the State of Chihuahua, Mexico. The Black¬
bird mine in the State of Idaho, which is a copper, cobalt and gold
property, is presently under development.
All of these mines have sub¬
stantial ore reserves except El Potosi mine.
UNDERWRITERS
—
The
underwriters
named
below
have
$50
shall
viz.:
per
share,
the
underwriters,
not
be
respective
of such
subscribed
for
of
percentages,
the
pursuant
to the
offering
share_
._
604,000
11,386,000
4,327,000
28,879,000
10,974,000
15,984,000
5,966,000
17,905.000
10,018.000
$0.44
$1.29
p.
of
the
SALE—On Feb.
capital stock of
$0.67
7 final details were
the
Illinois
949.
agreed,
the names of
stock as
to stockholders,
set opposite
76,983 shares of preferred
-
15,380,000
completed for the
Northern Ry„ which was
purchased from us by The Atchison, Topeka & Santa Fe Ry. Co.,
Chicago; Burlington & Quincy RR. Co.; The New York Central RR.
Co
and the Pennsylvania Co.
We received $960,000 from the pur¬
chasers and also received nayme"t from
of a^S.OOO of nctes
owed by Illinois Northern Ry. to International Harvester Co.—V.- 171,
RAILROAD
sale
severally and not jointly, to purchase from the company, at a price of
such
income
Net
Earnings per common
37,000
7,059 000
-
Provision for Federal income tax.__
of
lngton;
El
Total income
23,842.000
Dr230,000
sales-
("ft)
zinc
188,903,000
of
Net
copper,
out¬
S
S
$
Other
silver,
of
1948
1949
1950
179,748,000 231,446,000
net sales
Total
while proposed
producers of gold,
31
purposes.—V. 168, p. 2685,
operations in connection with the Blackbird mine will make it an
integrated producer of cobalt.
The company and its subsidiaries presently have five operating mines
and one mine under development.
The five operating mines, with the
date of original commercial operation thereof bv the company and the
mary
March
Internationa) Harvester Co.—Earnings-
lead, and the milling therefrom
precipitates containing
the company's Snow Lake mine also com¬
menced the production of bullion containing gold and silver which is
sold to the Royal Canadian Mint, and upon completion of the Blackbird
mine th*» company anticipates that it will mine, mill, refine and sell
cobalt.
The company's present and past activities classify 't as a pri¬
metals.
on
new
and sale to custom smelters of concentrates and
such
business
common stock will be Issued rights to subscribe for
shares, in the ratio of one share ior each two shares
then
held.
The offering
price and underwriting terms are to be
supplied by amendment.
Courts & Co. of Atlanta -head-a group of six
underwriting firms named In the prospectus.
Except for 42,776 .shares
to be purchased by Southern Bell Telephone & Telegraph Co. and The
Chesapeake and Potomac Telephone Co. of Virginia, the two principal
stockholders of the company, the underwriters will acquire any of the
remaining shares not subscribed for by stockholders.
The company intends to apply the proceed- from the stock sale to
the reduction or payment and discharge of short-term bank borrow¬
ings from The First National Bank of Atlanta ($775,000 at 2/28750,
and expected to be increased to $925,000).
Any remainder will be
the
International Ry. Co., Buffalo, N.
Y.—Reorganization—
have been directed to proceed with a
oian under U. S. District Court superv's on.
Judge John
The
a
trustees
final order to that
effect on March 13 alter a
reorganization
Knight signed
majority of creditors
6
(1262)
bad
THE' COMMERCIAL
the plan approved by the court last July.
The companyand street cars in Buffalo, Niagara Falls
(N. Y.i and
accepted
operates
Lane-Wells Co.
It
has
been
in
1947.—V.
since
bankiuptcy
171,
Gross
Investors Fund,
NOTE—Assuming that all conditions pre-requisite to purchase have
fulfilled by the company or have been waived by the under¬
as between
themselves and the other underwriters, the three
1949
Earnings
after
$13,687,230
2,273,910
2,414,330
$6,32
taxes
1948
$15,990,908
income
income
Net
Inc.—Exchange Offer Submitted—
$6,71
„
share
per
writers,
Estabrook & Co. and Dallas
will purchase and take down in equal shares the differ¬
by which 150,000 shares exceeds the amount of shares
subscribed for by present
stockholders of the company.
All under¬
writers, including the three managing underwriters, will be obligated
to take down such number of shares, in! proportion to their percentages
set forth above, of the unsubscribed portion
of 592,185 shares over
managing underwriters, Straus & Blosser,
Rupe
whereby they
exchange
may
net
next
business
declared
In
holdings for shaies of Mutual Trust of equivalent
The exchange shall be accomplished as cf the
their
1 %.
value less
asset
following
day
effective
order
but
date
the
than
later
hot
which
upon
June
20,
exchange
shall
In
are currently making monthly
payments,
invest the balance in the number of Mutual Trust shares that the
unpaid balance will buy in blocks of 10 shares by electing to do so on
and other automotive
ASSETS—Cash
accept
who
wish
continue
to
and
and
S3,649,464
making
The
stockholders
stock
standing,
tional
will
from
share
new
one
Telephone
164,
monthly
pay¬
payments
due
to
Co.—Proposed
and
vote
March
40,000
be
Recapitalization
no
issued
thereafter
31
shares
par
in
in
capital
500,000
for
as
each
stock
a
$10
no
shares,
share out¬
dividend
five
addi¬
$10 par shares for each share held;
(2) considering re¬
(a) $2,320,500 first lien collateral 3s due July 1, 1961; (b)
<359,000 first series A 3Vas due May 1, 1971, of Platte Valley Tele¬
phone Corp., a subsidiary; and (c) $150,000 bank loans outstanding
under a loan agreement with the Northern Trust
Co., dated Sept, 29,
1949; and (3; authorizing the officers and directors to borrow
up to
$6,000,000 upon a long-term basis and to apply the proceeds of the
loan to the retirement of the above
liabilities and to use the balance
for other purposes.—V.
169, p. 2753.
I
new
The
net
working
to
per
which
time
fund,
31.
$1,015,901;
$389,266;
and
other
$225,000;
year,
long-term
total,
$679,365;
and
The
for
167,
their
expired
Commercial
corporation.—V.
of
sale
offer
certificates
stock
The
to
note
minority in¬
at
&
3
Trust
the
to
of
York,
New
The
ICC
has
Of
authorized
the
first mortgage
$4,933,000
1963.
the
total
wholly-owned
to
from
June
subsidiary,
held
and
said in part:
be
common
stockholders
of
dividend
the
stock
United.
will
It
balance
than
public.—V.
be
distributed
in
June
to
on
of
basis
be at the rate
three
shares
for
each five shares of United
held, will
share, Mr. Conrad said.—V. 170, p. 1700.
of 45 cents per
Appointment
of
debenture
residents
Court
of
at
receiver
a
ACCOUNT,
for
the
has
company
been
CALENDAR
Gross
Costs,
operating income
oper., sell, and gen.
Taxes
(other
for
$65,605,838 $66,645,121 $54,250,031
46,093.757
42,922.670
935,085
33,512,357
995,354
extinguishments-.
capital
5,730,939
5,178,780
3,432,185
income
exps.,_
requested
Net
by
operating income
Other
income
204,034
208,275
177,994
$12,989,822 $17,816,861
$11,935,896
York
Wilmington,
The
complaint describes the company as
investment trust and that its portfolio is
closed-end
a
management
made up almost entirely
minority stock interests in various Italian power and light compa¬
plus blocked lire deposits in Italy and $447,000 in cash in the
United States.
In
addition, it alleges that the company's liabilities
exceed assets
by at least $3,644,849, taking these resources at a value
income
Income
Fed.
deductions
667,051
3,207,610
5,514,437
of
164,
reported
as
for
fiscal
ended
year
Dec.
31,
Jamaica Water Supply Co.—Bonds Offered
Stuart & Co. on March 22 publicly offered
mortgage
27/8%
bonds,
series
C,
102.25% and accrued interest.
at
competitive sale
Three
W.
C.
and
shares outstanding Dec.
Common
Earnings
1949.—
1035.
p.
paid
other
bids
Langley
were
Co.
&
on
received, viz.:
100.82;
223,314
100.139;
Blyth
all for
Securities
&
2%%
a
Co.,
BALANCE
Corp
Inc.,
rate,
coupon
31
Notes
and
(redemption value).
val. of
insur.
Fixed
and
assets
109,296
3,927.763
5,717,546
249,217
237,865
Deferred
charges
226,349
$16,000,000
of
489,471
companies.
The
20,663,888
947.253
be
applied
in
part
to
the
redemption of the
outstanding $5,745,000 first mortgage 33.4% bonds, series A.
$1,250,000 first mortgage 3 "4% bonds, series B.
The remainder
will be applied to the
payment of bank loans, to the defraying of
refunding costs, and for gross additions to utility plant.
Regular redemption prices range from 105.25% to 100.21%.
Special
redemption prices are scaied from 102.25% to 100.12%.
668.100
1,481,844
$39,348,196
COMPANY—Incorporated
in
1887.
Is
an
operating public utility,
owning and operating a water supply system in an area of
approxi¬
mately 40 square miles in the Borough of Queens and in
part of the
Towns of Hempstead and North
Hempstead in Nassau County, New
York.
business
consists
of
the
production, purification, distribu¬
and sale of water for
domestic, industrial, public and irrigation
and for fire protection.
The population served by the
company
tion
uses,
is
The
estimated
See
also
to
in
be
Johnson
of
excess
stock
common
460,000.
offering
Power-On
in
4,933,806
3,915,837
386,529
338,898
2,833.893
debentures
debentures
2,707,983
due
due
20.000,000
1968...
20,000,000
1968
§Cap.
for
Earned
(1,171,575
no
171,
12,469,241
surplus
12.469,291
23,299,963
28,903,939
Total
$75,126,443
Transmission
Corp.
in
Illinois-
of
stock
12,469.311
the
14,263,294
1948
and
1,171,575
shares
in
1947.—V.
$63,875,851 $39,348,196
170,
covering
5,000
shares
of
letter
a
common
of notification
capital
stock
to
be
($10 per share), the proceeds to be used to Improve
matic power transmission devices.
No underwriting
with
the SEC
offered
and
at
par
develop auto¬
involved.—V.
164,
3292.
p.
Kaiser-Frazer
Corp.—Stockholders'
Protective
Com¬
reveaied
A
similar
York
Run
of
Mr.
13
Cuttle
Crestline,
Col.
in
that
$29
and
the
the
$31
part:
million
the
of
year
automobile
recently
holding
"At
the
for
Cuttle,
U.S.M.C.
was
(Ret.),
•
announced
the
by
Milton
shares
8,500
annual
company
Lacks
the
of
is
the
of
operating
the
of
Willow
the
year
greatest
New
an
1949
171,
p.
it
operate
operating
and
May,
appears
before
production
industry."—V.
to
tax
at
loss
In
profit
good
of
the
stock¬
a
on
credits.
profit
Texas
U.
the
au¬
between
This
was
history
of
5,
Kaye-Halbert Con,M Los
SEC
,
covering
It
pits
creditors
volved.—V.
to
171,
stock
cancel
$16,750
of
notification with
(par
indebtedness.
$1)
No
950.
p.
to
be
the
issued
underwriting
in¬
which
■
which
Kendall Co.—To Increase
Capacity—
of
the-
Knott Corp.
Recapitalization and Change in Name
The
stockholders
March
on
20
approved
recapitalization
of
the
company and a change in the name to be Knott Hotels
Corp
The
company operates 25 hotels in New York and other eastern
cities
in
addition to other activities.
The
recapitalization,
capital
$5).
stock
Each
exchanged
On
from
of
for
March
compared
with
paid in 1949
a
shares
183.949
shares
two
17,
recommended
250,000
the
the
of
the
corporation
50-cent
totaled
issued
$2.15
dividend
per
above.
the
$1)
shares
new
$5
directors,
to
'of
year
171,
increases
1,000.000
$1
par
value
par
disbursed
last
share.—V.
Knott Hotels Corp.—New
Bee Knott Corp.
by
(par
a
at
p.
value
by
each
be
as
Dividends
of
iron
Star,
When
is
the
located
M.
of
from
are
&
war
in
old
July,
1949, sold its 7.3%
common
Lighting Co., which it had received in
in
Co.
County
reorganization
stock.
common
that
of
The
miles
with
sold
was
in
The
&
Island Ligting Co.,
Long
This
subsidiary
in
had
loss
net
a
effective
made
rate" increases
profit
will have
Co.
of
&
II"
IricI
Inc
of
in
$29,241 for 1949; but,
July, 1949, is expected
because
show
to
of
a
1950.
have been made with banks by the Long
Island
Lighting Co. for loans during 1950 tip to a total of $12,000,000, to be
borrowed as needed. This will provide $8,250,000 of new money during
Arrangements
the
to
year,
the
at
of
end
in
the System
favorable
(separately) had $3,750,000 of notes payable
the company
as
banks
place
completion
The
194.9.
position
a
of
will
consolidation
do permanent financing on
tc
more
a
basis,
f
PRO FORMA BALANCE SHEETS AT DEC.
31
(OF CONSOLIDATED
CORPORATION)
pipe.
ASSETS—
"T948
Utility plant,
original cost—;— 152,546,941
79,048
at
stock
Capital
expense--.
S
138,256,546 122,430,994
79,048
79,043
1,284,951
1,457,219
1,514,562
2,093,370
2,604,265
2,745,323
97,901
94,802
98,570
4,541,541
3,5G8,438
3,360,330
132,301
290,440
349,557
4,709,489
5,461,424
941,928
941,406
5,105,944
791,144
144,209
129,176
102,274
539,900
429,389
167,129,137
fund
and
Investment
153,422,664
137,007,140
52,719.000
iccounts--,--
Cash
—-
Receivables
subsid.
from
cos
from oust., less res,
Accounts receiv,
Other
*1947
$
$
receivables
Materials
and
supplies,
at
cost
Special deposits
i
Prepayments
Deferred
.
debits
557,458
-
respec¬
„
purchased
is
affiliated
Total
LIABILITIES—
1
Mortgage
55,713,000
43,924,000
1
Debentures
19,393,000
9,367,000
10.090,000
Draper, Sears & Co.__
1
Notes payable
9,050,000
10,200,000
12,000.000
Emanuel;
1
3,936,902
3,951,229
3V->
Fevel
l
Accounts payable
Customers' deposits
2,240,489
1,617,752
3,525,241
1,058,131
Grimm
1
Interest
4,468,797
3,673,478
3,166,432
858,403
595,956
148,961
41,579,452
38,863,686
36,541,540
900,000
900,000
900,000
&
Deetjen
Henry-Seay & Co
Barrett
Howard, Labouisse,
2
2
richs
Herrick
&
_
Inc
Binford &
Dunlap
Bradbury-Ames Co
Campbell, McCarty
&
Co
1
Russell,
Long
Chas.
Stroud
1 y4
Texas
Weil
1
W.
&
White
Co
"1
--IIIIIIH
1
&
&
Co., Inc.—
Burknolder
Scranton
&
Co.,
Inc
;
for
for
construc¬
deferred
credits.!
depreciation
256,392
208,823
23,284.171
25,444,012
167,129,137
(no
264,293
31,718.801
stock
153,422,664
137,007,140
par—3,149,696.6
1
Total
1
"•Restated
1
Corp
advances
other
shares)
1
See
1
Co., Inc
also
for
comparative
income
accounts
purposes.
in
V.
171,
p.
850.
1
1
Co
Securities
&
Corp
McCarley & Co
Payson & Co
Marine
V2
\h
Co.
McDonald-Moore &
M.
Common
1
&
Clayton
H.
Co.
Eolger & Co
National
Hanrahan
&
&
accrued
taxes
for refdg. of long-term nebt, etc.
Miscellaneous resetves
1
Putnam
.
Res.
1
R. Livingstone & Co
Perrin, West & Winslow, Inc.
L.
and
Reserves
Fried-
(long-term)
(long-term)
and
tion
1
F.
SLillinglaw,
1
_
Inc..
S.
1
II
Sullivan
Co.,
bonds
Customers'
1
&
Co....
11/4
Inc
...
Co._
2
Co._I
Co._—_,
&
Co,
&
&
.
3
2
ChicI"
California...
&
Warren
3
2Va
Co
&
Inc.
operating
Dewar, Robertson & Pancoasl
2Va
Co
Dempsey & Co
the
be
which
2V2
Co.
Co
Cummins
Emerich & Co
Bosworth,
of
none
to
its
will
company
to
an
Chace, Whiteside,
Sears, Inc
2
Roney
&
company,
sale
approximately
pressure
and
severally
as
Inc., a small gas company serving
purchased from the parent company.'
the Long Beach Gas Co.,
3
...
Ritcr & Co
C.
is
the
underwriters
stock
The
energy
expects
addition to
iron
value
made' in
8
First Securities Co. of
Pacific
which
cast
the
was
8
Co
Company,
&
electric
company
operation,
sale
of
8
&
Co
Cruttenden
in
selling
the
transported.
an
for
competitive
exchange
at
excess
an
east
the proceeds of
as
in
company
stock
by
Texas,
150
Kings
1948
8
Co
Ling, Gorman, Peck
Rausclier, Pierce &
Ames.
the
Star,
Lighting
in
follows:
8%
Co
&
the
of
cost
of
common
the
as
Byllesby & Co., Inc.__
&
of
are
With
foundry
placed
names
shares
of
Siils, Fairman &
Harris,
Lc-ewi
during
Lone
by-products
stock,
estimated
& Son
Stone
Dirtmar
products
pipe
business
Lee Higginson Corp
Wm.
at
approximately
coke
common
Blosser
Hayden,
coke,
plant is
the
in
company,
Straus &
Russ
built
ovens
State,
pressure
such
underwriter
the
Wheelock
dividend
time.
1048.
Name, Etc.—
will
the
(par
stock.
65-cent
this
shares
coke
finished
coal,
shares
engage
percentage
Putnam
Voted—
was
in the manufacture of pig iron.
operate coal mires,
coke ovens and ore
its basic raw
materials, and a railroad
and
iron,
UNDERWRITERS—The
H.
the
secures
raw
pig
Lone
at
also
it
oast
a
$1,530,900.
tive
to
which
Co.
the island of Long Beach with gas
Its only subsidiary
organized for the purpose
air_and other related products.
592,185
Estabrook
company will start construction April i.5 of an addition to its
cotton mill at
Newberry, S. C.
The mill will be doubled in
size, with plans calling for a
four-story extension of the present
building.—V. 170, p. 2026.
It.
plant
of
and
own
both
sell
company
compressed
with
The
Co.,
required further temporary
the amount of notes payable
$165,500, or an amount slightly
it was then carried on the books.
subsidiary
April 8, 1942.
primarily engaged
however,
Dallas Rupe
Oakland
on
anci
The
portion
is
company
from
over
i,
borrowings, and
1949
does,
then
M.?rch 16r flled a lettcr of
shares of common
6, <00
Ry.
furnace
Government,
construct
An&eIes> Calif.—Files With
blast
a
in Texas
Northern
northeastern
plant
c
SEC—
S.
&
Dallas.
of
The
meeting last
expected
during the third quarter of last year.
thority that the company will have
.
O.
committee
bank
consolidated
The
stock.
company's
told
K.
protective
Calif.
was
stockholder
a
said
were
stockholders'
Lt.
by
committee
City,
automotive
holders
second
a
March
on
stockholder
a
New
of
insurance
order of the SEC which has required that the
Kings County interest be divested within one year afer consummation
of the reorganization of the former subsidiary.
Co.—Rights Expired—The rights to the
common stockholders to subscribe for
592,185 shares of
common
stock
(par $1) at $4 per share expired on
March 23.
The offering was underwritten
by a banking
syndicate headed by Dallas Rupe &
Son; Estabrook &
Co., and Straus & Blosser as managing underwriters
(see V. 171, p. 1150).
COMPANY—Organized
Organization
the
compliance
,
mittee—
sinking
a
program
for
which
at
Lone Star Steel
10 filed
of
2585,
p.
life
These new deben¬
fund designed to,retire
and
years
to
bank loans of $10,000,-
maturity.
at
the
borrowed
Island
interest
bidding
Files With SEC—
The company on March
was
December,
97%
1947.
in
directly
repay
debentures.
construction
Lighting
Long
82,021
shs.l.
par
deducting $2,023,708 in 1949, $4,027,792 in 1948 and $2,002,393
U.
S
Treasury
tax
savings
notes,
tlncludes
interest
accrued.
gRepresented by v2,340,813 shares in 1949, 1,171,574 shares
1149,
p.
system
Suffolk
"'After
V.
20
par,
to
issued
5,600,000
contingencies.
stk.
the
$2,820,000
5,000,000
33A% debentures due 1959
Reserve
of
at
used
were
year-end was $9,050,000.
Of this amount,
pay the mortgage bonds of the Nassau
matured during the year.
Permanent
refinancing of these bonds was not considered desirable in view of the
expected consolidation.
(
by
£309,751
4,795,873
accrued
314%
3%
5,594,569
accrued
""Taxes
money
previously
by
financing through
payable
Payrolls
issue
continuing
about
financed
was
June
debentures,
proceeds
program
available from, operations and by bor¬
required.
The only long-term
by Long
Island Lighting
Co. of
funds
3%%
term
a
entire
The
LIABILITIES—
Accounts
of
refund
to
have
tures
the
Total
and
and
on
total of system con¬
to $53,700,000,
years
'
construction
1949
use
693,831
PROCEEDS—Will
presently
the
by
38,091,038
000
$15,414,925
spent
we
the
postwar
their
but
rowing
the
additional
new
financing was
the
sale
in
1,376,556
....
four
out,
£0,527,225
advances
the
in plant accounts of more than 52% during
costs were, on the average, slightly higher
previous sharp and steady rise appears
increase
leveled
equally
1949
This brought
during
Construction
1948,
FINANCING—The
152,647
4.292,266
facilities.
gas
an
during
have
to
1947
$6,688,689
PROGRAM—During
expenditures
period.
than
9,473,132
life of officer
on
and
electric
that
1948
112,809
(net)
York, Inc., announced on
made more than a year
its proposal,
companies or on our operations.
system
our
representing
4,682,839
(net)
of
$75,126,443 $63,875,851
Investments
New
of
Co.,
the withdrawal of
1950,
struction
$6.83
9,741,284
receiv.
accounts
Edison
Consolidated
28;
new
•
1949
securities
have had
We
an
CONSTRUCTION
1,170,355
$7,439,260 $10,310,323
S.
history.
The U. S. District
plan and on Feb. 17,
1950;
a
serious problem in recent
company's
consolidation
our
to purchase a controlling interest in our Consolidated corporation.
This action
will have no effect whatever on the impending consoli¬
July .10, 1947.
on
DEC.
ASSETS—
Cash
and
100.6432;
$10.02
SHEET,
Cash
U.
the
in
ago,
2,048,096
1,170,365
split two-for-.one
Inventories
bid of 101.629%.
Union
(Jointly),
White, Weld & Co.,
March
a
was
2,343,143
;
per
—
The bonds were awarded
March 21
on
Halsey,
$7,995,000 first
1, 1975, at
due
31
$3.89
share
NOTE—The stock
$10,972,521
V.
Dividends
rates.
gas
$7,991,287
(est,)-
taxes
income
rates
small
dation
Net
increased
it
more
our
group
a
Feb.
3,621,295
$9,115,161 $11,722,432
3,511,186
3,218,496
and State income
579,992
of
nies,
in
1947
increased
electric
year
new
1943
In
in
customers increased by 27,000, and
customers
were
connected.
This
represents
that it be enforced.
The
Gross
the
on
and
share,
appeal from the order of the court has been taken
of common stockholders of Long Island, representing a
portion of the equity of the Consolidated corporation,
arrangements have been made to expedite the appeal with the ob¬
jective of consummating the consolidation at an early date.
by
$12,785,788 $17,608,536 $11,657,902
;
by
offset
share
per
consolidation.
per
electric
gas
approved
Although
647,585
very
Amerigo Vitelli and Armand de Rossi, both
State, who filed the complaint in Chancery
Del.
Their holdings of debentures total $7,000.
our
it
1947
taxes)—
than
$1.14
$.88
was
Co.,
years
because of the large; dividend arrears on the publicly held
preferred stocks of the system companies, which in turn has made
impossible for us to sell equity securities.
Consolidation solves
this problem, and permits earnings to flow to our stockholders and
equity securities to be cold.
YEARS
1948
•
holders,
New
INCOME
1949
Prov.
Italian Superpower Corp.—Receiver
Sought—
has
partly
our
growth
greatest
basis
Gross revenues for the
a
substantial reduction
was
year,
additional-
11,000
the
Lion Oil Co.—Annual Report—
COMPARATIVE
the
or
in
issued
be
to
despite
however,
ordered
common
that
share.
per
During
171,
is
on
$3,100,000
which,
1,
the
by
$.61
was
$3,577,279,
was
wheh
slock
income
net
1949
for
common
Court
is
contemplated that the initial quarterly
the 1,904,003 shares of Iiwa-Ulinois
stock, to be distributed
income
Net
for
agent
by Consolidated Real Estate Co.,
the
Borough
Queens
by
950,
p.
of
company,
23,
the maturity date
1950 to June 1,
extend
bonds
is
this
must
the
company
4%
$4,975,000
submitting the annual report to
in
of
Gas & Electric Co. and of Nassau & Suffolk Lighting
March
transmittal
Co.,
common
at
849.
p.
charter
Lighting Co.—Annual Report—Edward F.
President,
stockholders
the
$1 par
corporation
(EST),
p.m.
letters
and
Bank
stock
the special stockholders' meeting
at
company's
the
l.i 50.
p.
Barrett,
stock,
common
taken
action
1950,
4
change its authorized 2.000,000 shares of
nominal or par value into the same number
Lehigh Valley RR.—Bond Maturity Extended—
of
March
on
to
as
Long Island
tenders
the
with
has been amended so
stock without
of shares of common
stock of $1
par
value, and the registration statement, filed by the
company with the SEC in respect to the remaining 592,185 shares of
such stock unissued,
has become effective March 16, 1950.—V. 171,
held
income
foreign
$2,050,000;
442,185
accordance
In
$12,075,716.
accruals,
Federal
debt,
namely, their proportions of the unsubscribed
shares.
150,000 shares,
of
Change in Capitalization—
accounts
doubtful accounts), $1,plant and equipment (less
$7,437,182; patents and other in¬
$158,126; capital stock (par value Sli. $360,000;
$1,607,714; earned surplus, $5,636,209; total, $12,075,-
share.
first
portion
1949
104.
p.
submit
delivered
the
any,
for
reserve
payable
one
DEC.
OF
P.
Iiwa-Ulinois
two
amount,
field service trucks
property,
charges.
$1,359,300;
AS
corporation recently invited holders of Its
value,
Conrad, President, stated on March 6 that under the plan for
liquidation of United Light & Rys. Co., parent, it is expected that
on
171,
$13.50
a
Iowa-Illinois Gas & Electric Co.—Stock Distribution—
latter
$789,439, and there
Lefcourt Realty Corp.—Offer Made for Stock—
par
par
this
were
subsidiary,
surplus,
716.—V.
changing the authorized
to
exchange
distribute
to
(1)
on
funding
C.
deferred
(estimated),
for
depreciation),
witnin
taxes
727.
p.
SHEET
$125,694
$1,176,462;
for
reserve
tangibles, $156,522;
Refunding—
common
advances
(less
inventories,
terest
Investors
exchange offer.—V.
Of
Son
if
the
BALANCE
LIABILITIES—Accounts
holders
not
$1,529,804.
equipment.
receivable
notes
900.383;
acceptance.
certificate
should
ments
of
increase of $616,445 in the net investment in
an
and
plant and equipment at the end of 1949
property,
increase
an
buildings and lease improvements
CONSOLIDATED
may
letter of
to
be
Mo.
The certificate holders who
The
was
1950.
City 6,
the
investment
$7,437,182,
additions
to
accept the offer, certificate holders should send certifi¬
together with letter of acceptance to Commerce Trust Co., Kansas
cates
Net
was
&
ence,
The
company, as sponsor-depositor
and issuer of Investors Fund
(Insured Investors; series A, B and C certificates, on Feb. 20, 1950
submitted an exchange offer to said certificate holders,
Monday, March 27, 1950
been
Year Ended Dec. 31—
1149.
p.
CHRONICLE
FINANCIAL
(& Subs.)—Earned $6.32 in 1949—
buses
vicinity.
&
The
Products
Corp.
Borrows
Y2
with
company reports that $200,000 of the $250,000 loan
the Bank of America N.T. & S.A. was taken down
Va
—V,
169,
V2
Co
Magnesium
from
Banks—
arranged
during
p.
907.
1949,
Volume
Profit
1948
1947
$3,021,378
before
Prov.
for
income
$2,964,336
$2,230,903
530,895
406,066
258,438
Fed.
taxes
income
192,712
160,093
$245,973
127,050
254,100
$0.97
split
profit
effective
Dividends paid
:
Common
shares
Earnings
per
_
254,100
$0.74
outstanding
share
common
$1.33
'
The
stockholders
stock
(par
March
on
from
$41
voted
8
300,000
the
increase
to
The
proceeds
will
be
for
used
finance
to
production
plant
a
light
of
colored
authorized
30,000
to
award
4.
at
from
171,
171,
of
preferred
These
of
further postponed,
been
originally
scheduled
were
to
and
Net
this time
come
Month
Uncollectible
operating
income
will
'
Net
Net
after
—V.
171,
The
South
of
Company
Midd'e
the
to
compliance
and
1,176,542
public
with
Act
stock
common
by
systems
and
system
New
171,
1948
$1,878,857
taxes__
760,000-
680,000
$940,726
Co.
Dallas
—
Placed
Notes
Prudential
and
Life
Insurance
Co.
of
announced on March 23. The proceeds
expansion.—V. 163, p. 2859.
was
to finance
Telephone & Telegraph Co.—Earnings—
1950
$15,336,475 $13,518,387
15,662
12,685
revenues—-,-
$15,320,813 $13,505,702
11,388,223
11,432,103
1,843,061
979,156
_
$2,089,529
1,402,547
Life
As
paying
1960
P.
In
and
together
4%
&
are
with
Coupon Sheets Ready—
the
Morgan
sheets
coupon
office
for
agent
J.
French
attaching
talons.—V.
them
170,
bonds
franc
Incorporated
Co.
to
have
105th
its
annual
of
increase
an
report to policyholders, the company reported
insurance in force under 3,864,338 policies on
with the year-end figures for 1948, there
life
Compared
1949,
31,
of
policies and $430,787,118
84,797
received
bonds
presented
and
new
For
the
SEC
March
cn
covering
245,708
filed
21
shares
registration
a
its
of
capital
common
($10
stock
company's
the
The
the
to
are
of
of
insurance
of
is
to
disclosed
for
to
are
be
by
stock
expire
offered
and
amendment.
shares
such
for
as
pro¬
four
shares
of
The
the
Securities
taken
under
the
Net
proceeds
of
the
financing
finance construction, then to
general corporate purposes.
templates
$2,300,000
some
struction
facilities
of
for 28 years at
to
are
substantially all of
or
by
at
applied
first
bank
toward
loan
re¬
made
to
by the company and con¬
to be leased to the company
party
Connally,
Democrat,
of
and
Texas,
19
other
17
by
Senator
Senators.
was
Tom
Sponsors
of
the
resolutior object to one of the three lecrganization plans approved
by the Interstate Commerce Commission. It would, they say, eliminate
m by the common stockholders and allow but slight partici¬
pation for the preferred stockholders.—V. 171, p. 1049.
participnti
Monongahela Power Co.—Bids for Preferred Stock—
The
the
has
company
cumulative
office
The
of
York
4,
invited
bids
preferred stock,
N.
West
Penn
Y., up to
the
for
Electric
12
purchase
series C.
Such
Co.,
(EST/,
noon
Ninth
50
28,
shares
oi
received
be
Floor,
March
on
60,000
will
at
Broad
1950.—V.
St.,
171,
850.
p.
and
Of
year.
the
company,
a
subsidiary
requested SEC authorization to
of
unsecured
ending
aggregate
The
and
amounl
notes
the
be
would
to
has
be
given
the
on
be
used
First
to
the
Associates,
time
March
on
169,
31
has
during
and
the
in
notes
Bank
of
the
March
of
fluctuation
contingencies of $283,593,320.—V.
asset
an
by $308,593,320, which amount
fund of $25,000,000 and surplus
170, p. 2027.
finance
to
fill
to
a
vacancy.
170, p.
The
office
in
the
to
finance
amount
this
finance
company
of
portion
year's
of
Chairman
will
be
vacant
&
Corp.
Gas
—
Financing
of
the
The
13 announced plans for a $56,000,000 con¬
1950-1952 period, including the installation
steam
electric generator at its East Corning,
March
on
the
program over
50,000-kiwowatt
a
station.—V.
171,
1050.
p.
hotel
obtained
bank
$200,000
a
The
Bevery Wilshire also arranged for a new $1,250,000 15-year first
mortgage loan with the Connecticut Mutual Life Insurance Co.
The
proceeds will be used to retire the outstanding $787,500 first mortgage;
to repay the above $200,000 bank loan; and balance added to working
capital.—V. 170, p. 790.
951.
p.
Malleable
Steel
&
Casting
Co.—To
stockholders
The
authorized
corporation
The
stockholders
165,
no
will
vote
capital
par
April
stock
5
from
on
a
Capitalization—
to increase the
1,000,000 shares.—
proposal
800,000
to
1072.
p.
American Co.—To Increase
and
company
its
St.
Investment in Unit
Louis
$5,000,000.
The
proceeds
in
payment,
wholly
its
the stock sale would be applied by Union to the
of the 1950 .construction program of Union and
of
part,
owned
subsidiary,
Union
Electric
Power Co.,
estimated
at
$36,500,000.
The
has
SEC
hearing,;
the
upon
interested persons until March
application.—V. 171, p. 851.
given
stated
that
additional
29
to request a
will
shares.—V.
March
vote
stock
from
have
170,
29
on
600,000
to
1,000,000
plans
present
no
proposal
a
for
to
increase
the
shares.
It
was
issuance
of
any
1805.
p.
The
corporation
Only
the
42,000
balance
March
on
filed
17
a
registration
129,000 shares of capital stock, SI
shares
being
offered
be
tc
are
stock
outstanding
for
to
the
be
statement
the
issuer,
in
"selling
stock¬
by
holders."
The
by
The
BIyth
names
offering
price
& Co., Inc., as the principal under¬
underwriting terms are to be supplied
and
amendment.
The
company
and
sale
used
to
moving
from
(sale
of
machine
various
and
wide
a
retain
of
has invited
1050.
Aircraft Corp.—New RFC Loan Agreement
company
two
As
a
has
concluded a new loan agreement with the RFC.
loan from the RFC, dated May 31, 1949, due
extended for five years, to around! March 1,
the company will pay the RFC considerably less
$5,000,000
has been
years,
result,
beginning five months
agreement.—V. 169, p. 2646.
monthly,
prospectus
writer.
p.
original
1955.
account
sold
The
The
of
171,
Northrop
with
par.
company
$12,000,000 of its first mortgage
—V.
National Motor Bearing Co., Inc.—Registers With SEC
the SEC covering
its
subsidiaries
variety
lubricants
parts
and
oil,
of
in
are
fluid
contact
retain
to
in
engaged
and
with
other
dust
the
seals
manufacture
shafts
fluids
to
or
and
designed
bearings,
or
other
exclude
dust
parts oi machines.
Proceeds of the company financing
shares/, together with $900,000 of borrowings from
42,000
American
Trust
outstanding
Co.,
balance
are
of
to
be
unsecured
$1,453,414.
used
to
loans
pay
of
off
the
and
discharge
company
the
aggregating
Service Co.—Bids for Bonds—
bids for the purchase from it, as a whole,
bends, series E, due March 1, 1980,
such bids to
be presented
to the company at the office of Harris
Trust and Savings Bank (Room B, 20t,h floor), 115 West Monroe St.,
Chicago 90, 111., at or before 11
a.m.
(CST) on March 28, 1950.
The
directors
the
Northern Indiana Public
of
common
March
on
9
Oklahoma Gas & Electric Co.—To Issue
Rights—
expects to give to the holders of its common stock the
right to subscribe for additional shares of that stock on the basis of
one additional share
for each ten shares held of record (with adjust¬
ment for units of less than ten shares),
The company also expects to
This company
give to such holders the privilege of further subscribing for shares not
taken under (he foregoing right, subject to allotment in the event of
offered
so
total
shares.
amount
The
is 97,900
of
which
stock
common
will
be
subscribe will be given to those persons who are holders
common stock of record on the books of the company at
the close
business on a date to be determined by the directors.
This date will
of
of
probably
expire
1950.
after
on or about April 5,
approximately 15 days
be
in
The subscription rights will
the mailing of warrants Ja
completed.
The
V.
171,
p.
with
filed
be
price will
1184.
subscription
also
See
Hearing
the
SEC
by
amendment.
Financing March 30-
on
March 16, the SEC has given interested persona
upen the common stock, financing
30 to request a hearing
proposal
this
of
of
/■hares
company,
$20
its
which
proposes
stock,
common
par
the
to issue and sell 97,900
stock to be offered for
by common stockholders at the rate of." one new share
ten shares
now
outstanding.
Proceeds would be used for
subscription
each
for
construction
expenditures.
Standard
parent,
shares of Oklahoma
subscribe to 55,004 shares cf
and Electric Co., as owner ol
stock (33.26%), proposes to
Oklahoma stock.—V. 171, p. 1184.
Gas
common
the
Oneida, Ltd.—To Increase Capitalization—
$12.50
authorized
P.
from
any
Noyes,
Pacific
Gas
now,
compared
with
the
old
Co.—Proposed Sale—
W.
time
Mr.
to
the court
at the
DeLaney stated
interest
in
the
that a firm offer of $2,000,000 cash for a
already been filed.—V. 170, p. 2334.
business has
subscribe to an additional 1,656,-
stock at the rate of one new share
for each five shares held. The offer to purchase the addi¬
the subscription price of $30 per share,
1950. A nationwide group of approxi¬
tional shares, at
expires April 5,
90%
Blyth & Co.,
unsubscribed
mately 200 investment bankers, headed by
Inc., will purchase from the. company all
shares at the original subscription price.
stock will finance,
part
the company's construction program which
$300,000,000 in the years 1950-51 inclusive.
it estimates will
total
construction program will be obtained
(1) from treasury funds presently on hand; (2) from cash available
irom internal
sources
(expected to exceed $20,000,000 annually) the
principal items of which are the provisions made for depreciation
and amortization and unappropriated earnings;
(3) from short term
bank loans, and (4) from the sale of additional securities wnen and
as required,
the nature and amount of which are not now determined-.
Additional
the
for
funds
EFFECT TO
(GIVING
CAPITALIZATION
PRESENT
Authorized
!
due March
1,
Ihe company )
Pacific Gas & Electric
Outstanding
$150,00C,00O
lying and refunding mortage
3C-vear 6% gold bonds, series
1952,
B of
1952 (assumed
$7,688,500.
oy
Co.
first
and
refunding mortgage
—
Series I 3Va% bonds due June J, '66
bonds due Dec.
600,000,000
927,000
18,669,000
1, 1970_
23,839,000
1971
Series L 37
bonds due June 1, 1974Series M 3% bonds due Dec. 1, 1979_
Series N 3% bonds due Dec. 1, 1977_
Series O 3% bonds due Dec. 1, 1975_
Scries P 2%% bonds due June 1, 1981
Series Q 2%% bonds due Dec. 1, '80
Series R 3>/8% bonds due June 1, '82
Siries S 37 bonds due June 1, 1983
Series K
3%
due June
bonds
1,
109,598,000
78,500,000
48,182,000
11,800,000
24,358,000
70,614,000
73.0CO.OOO
78,645,000
stock—cumulative (par
First preferred
$25/:
4,211,662 shs.
stock
first preferred
6%
preferred stock
5% first preferred stock__.$
—
5% redeemable first preferred stock
5% redeemable first preferred stock,
first
5Va%
series
A
redeem,
»No
Power
this
stock
in
/par
preferred stock
preferred
stock
$25)—
Corp.
—
bonds may! be issued
unifying and refunding
1,173,163 shs.
400,000 shs.
400.000 shs.
1,000,000 shs.
1,000,000 shs.
shs.
§1,500,000 shs.
1,500,000 shs.
1 600,000
1,500,000 shs.
12,000,000 shs.
None
9,936,936 shs.
under the San Joaquin Light &
mortgage except bonds issued
outstanding bonds. §96,519 additional shares of
reserved for issue to employees under instalment pur¬
in lieu
are
4,211,662 shs.
1,173,163 shs.
2,115.175 shs.
series)—
additional
series
chase
first
first
(unclassified
Common
FINANCING)
uni-
Light & Power Corp.
Pan Joaquin
thereunder
hearing.
Stockholders
156 shares of common
DeLaney,
has announced
or
Electric Co.—Offering to
&
being offered rights to
Redeemable
trustee of the company in reorganization proceed¬
that bids for the whole or any part of the assets
of this company will be entertained subject to approval of the court.
Hearings on any such bids will be held April 3 in the Federal Court
at New Haven,
Conn.
Bids mays be submitted to the trustee at any
W.
March
states
Underwritten—The stockholders of record March 14 are
.
ings,
30 on a proposal to increase the
stock from 240,000 to 300,000 shares.
there is no present intention to issue
shares.—V. 167, p. 1474.
vote
common
par
President,
additional common
B.
4.807c
Norwalk Tire & Rubber
will
stockholders
The
in
subsidiary, Union Electric Co. of
Missouri, have applied to
the SEC for an order authorizing the
issuance and sale by Union to North American of an additional 350,000
shares of Union's common stock (no par) for a cash consideration of
Increase
Capitalization—
authorized
Tex.—Files With SEC
Hunters, Inc., Fort Worth,
Series J 3%
National
31
__
PURPOSE—Proceeds from the sale of the common
^
Niles-Bement-Pond Co.—To Increase
This
Corp.—Mortgage Refinanced—
$315,000.
of
3,995
4,014
126.186,913 132,393,468
6,141
6,310
$26,740,084 $25,337,365
$14,147,000 $31,660,000
filed a letter of notification with the
SEC covering 2,000,000 shares of comon stock to be offered at par
(10 cents per share), the proceeds to be used to pay indebtedness and
drill, test wells.
No underwriting involved.
company
N. Y..
retirement.
the
Dec.
employees
Oklahoma's
Electric
State
York
struction
V.
recently reported that on Nov. 30, 1949, the Beverly
Beverly, Calif., owned by Kirkeby Hotels, Inc., a
wholly-owned subsidiary, had retired the balance of its second mort¬
gage
171,
Oil
496.
outstanding.
request
The company
Wilshire
Hotel,,
loan
—V.
9,331,000
—
"
Capital expenditures
By order announced
1454.
p.
of
96,249
3,020
2742,661,173
3 0,675.000
(acres)
mileage
until March
present.—V.
North
National Cuba Hotel
Number
Shipbuilding Corp.- -New Chief Executive
*
construction program, esti¬
mated to cost over $55,800,000 in the next three years, the company
expects to offer in the near future 272,380 additional common shares
to present stockholders in the ratio of one new share for each seven
shares
held.
Proceeds
of
this offering
are
estimated
at between
2 V-i'/o
to
28
held
line
transported
Payrolls
year or
To
Boston
September.
until
Barrels
77,046
7,822
214
2,424,760
(barrels)
refined
pipe
35,227,224-
completed--
lands
gas
oil
28,121,640
:r
The rights to
expects to sell new serial preferred stock, either late
early in 1951, to raise additional cash.
To
prepare
the way for financing construction program, common
and preferred stockholders of record
March 3 voted March 23 on a
proposal to authorize a two-for-one split in present common stock, sale
of an
additional 800,000 shares of new common stock, and 200,000
shares of new serial preferred stock.
Under the plan,
the authorized common stock which consisted of
1,100,000 shares, par $25, of which 953,333 shares were outstanding,
was changed
to 3,000,000 no par shares of which 1,906,666 shares willthis
The
$2,700,000
off
through
persons
application,—V.
to
National
pay
outstanding
requirements
interested
rime
promissory
$5,200,000.
The
to
Utilities
from
of
excess
issued
Eastern
issue
1950,
in
construction
SEC
hearing
a
would
noies
Montaup's
30,
not
proceeds
promissory
The
Sept.
and
Operated
total
$6,000,000 and $8,000,000.-
period
Oil
wells
33,157
33,761
31
Dec.
production
of
$2.30
$2.30
per share
stockholders
of
(barrels)
DaiJy average net production (barrels)
Number of wells producing Dec.
31
policyholders.
living
liabilities
other
general
York
New
Montaup Electric Co.—Seeks to Issue Notes—
This
Net
550,041
be
of
bids
for
director
a
for
The
this company
of
Number
Proposed—
Missouri Pacific RR.—Investigation Proposed—
investigation of the plan for reorganization
proposed in a resolution introduced cn March
to
paid
was
$220,250,250,
aggregated
preceding
T. H. Bossert, President since January, 1947, has been named Chief
Executive Officer.
John F. Metten, Chairman of the board since 1943
and Chief Executive Officer the last 15 years, retired from both posts.
Neal Dow Becker, President of the Intertype Corp., has been
elected
estimated total erntal of $5,400,000.—V. 171, p. 1049.
an
An
New
New
warrants.
construction
third
of
up
held
Officer—
named
the company's expansion program and for
The company's expansion program con¬
of
a
be
$7,250,000
a
Dividends
1948
<
$33,658,767 $49,333,158
$5.13
37.52
share
per
pres¬
„
payment of all
its
funds
at
price
is
the
over
company
underwriting
Corp.
the
$852,385,500,
was
reserves
made
was
the
of
outstanding
1950.
24,
terms
not
are
holders
stock
each
April
the
Union
the
to
to
sales have ranged between $850,000,000
new
$13,874,250
the
1950,
exceeded
capital
common
additional
warrants
stock
be
underwriter
as
share
one
ently held.
which
shares
982,830
of
rate
amounted
is continuing the same scale of dividends to
in effect in 1949, the report stated.
The
company's assets totaled $4,674,990,644 at Dec. 31, 1949, re¬
flecting an increase of $226,620,885
during the year.
The assets
par)
and subscription warrants for such stock.
The stock is to be offered through warrants
1949
policyholders and beneficiaries
policyholders as
with
statement
profits
profits
over-subscription.
$131,802,411
payments,
corporation
that
year
of
increase
an
Mississippi River Fuel Corp.—Registers With SEC—
The
in
insurance
$860,000,000.
Payments to
their
at
life
new
successive
third
series)
(foreign
1804.
p.
of
Sales
now
Net
1949
Years—
net
at Salt
the Federal Court
Brief—
Ohio Oil Co.—1949 in
Consolidated
514,340
Co.—Has More Life Insur¬
Insurance
under Chapter 10 of the Federal Bank¬
approved by
Act. Its petition was
City.—V. 160, p. 227.
The
York
$9,970,371,347
Dec.
was
due
Lake
$1,094,443
753.
President, reported earlier this month that the company
of reorganization
process
Crude
1949
tection.
Midi RR. Co.—New
Petition Ap¬
Utah—Bankruptcy
of
in Force—Sales $852,385,500—
ance
Rock,
Little
Co.
Copper
H. Kittle,
in
ruptcy
$1,118,857
Privately—This
has sold $5,000,000 of notes to Republic National
p.
New
Corp.
559.
p.
171,
Mississippi.
and
Orleans,
$31,290
21,450
—
851.
p.
Ohio
P.
incomecharges
after
electric
Louisiana
are
Natchez.—V.
operate
$291,850
227,733
32,825
$5,247
9,035
—
operating income
charges
171,
is
1949
$1,620,726
.
operating
—V.
dis¬
in
Holding
South
Middle
Arkansas,
in
the
by
of
1949
$292,660
810
$307,379
279,280
22,852
revenues
taxes
after
—V.
3-for-l split.
were
Light
&
Net
the,
change
to
to provide for a
Operating expenses
Operating taxes
17,
Utility
company,
Power
the
Operating
and to increase the authorized
Operating revenues
were
Public
holding
under
proposal
a
on
of January—
Net
corporation
1950
$308,065
686
revenues
Operating expenses
Calendar
used
be
Net
this
of
Electric
Subsidiaries
served
Vicksburg
utility
a
year
formulated
1935.
gas
cities
South,
last
plan
a
of
natural
Principal
Jackson,
959,793
listing on the San Francisco Stock Exchange on March
Securities
tributed
1,143,748
.
of
27
8,000,000 shares,
Operating revenues
Uncollectible operating
Utilities, Inc.—Listing—
shares
5,600,000
admitted tc
•
'
171,
—
of
Month
$1,177,262
________
1043.
p.
Middle
•
1,354,042
$1,375,906
charges
issue
Number
8,279,984
8,404,617
operating income—
to
outstanding.—V.
41,773
—$11,134,565 $10,600,994
*
authorization
is
taxes
New England
Operating revenues
Operating expenses
Operating taxes
which
951.
p.
America, it
1949
46,594
revenues
March
vote
Neiman-Marcus
$11,181,159 $10,642,767
„
of
for Federal and State income
171,
Bank
1950
revenues
Operating
revenues
Uncollectible operating
Corp.—Earnings—
company
of January—
the
terminate
profit
—V.
for
up
Michigan Bell Telephone Co.—Earnings—
Operating
split
1184.
before
Provision
1150.
p.
to
none
Year Ended Dec. 31—
$7,000,000 of bonds
proposed
its
stock has
securities
will
3,000,000 to
p.
Nehi
brick.
competitive bidding on March 14.
The delays have been oc¬
by technical considerations connected with the financing.—
casioned
V.
this company
by
shares
April
and
The
proved—
Metropolitan Edison Co.—Offerings Postponed—
sale
voted
stock
value of the shares from $25 to $10
par
—V.
Profit
The
shares
par
basis.
1.
also
stockholders
stock
to
2-for-l
National Steel Corp.—Plans Stock Split-Up—
com¬
to be given the
yet determined.
be built south of
face
a
Net
According to reports, the stockholders are expected
right to subscribe to additional stock at a date not
Canton, Ohio,
bOO.OOO SI
Month of January—
com¬
Operating
The
•
shares.
400,000
to
to
on
authorized
p. 850.
Capitalization Increased—Rights May Be Issued—
mon
the
change
shares
par
no
March
preferred
to
voted
191,780 shares
250,000
outstanding
cumulative
7
Ohio Associated Telephone Co.—Earnings—
28
Feb.
on
stockholders
The
Net
from
the
became
127.050
254,100
to
$187,308
._
stock
mon
71,130
$338,183
152,460
taxes
stockholders
The
1949
sales
(1263)
CHRONICLE
Split-Up Voted—
Metropolitan Brick, Inc.—Earnings—
Year Ended Dec. 31—
Net
FINANCIAL
&
COMMERCIAL
THE
Number 4893
171
agreements
of
now
in
force.
THE
(12641
8
UNDERWRITERS—The
respective
agiecd
Blyth
Co.,
&
C.
A.
the
.23
W.
Balrd
ft
Baker, Watis & Co.,
2*.
Barth
Stearns
Bear,
G.
A.
Co
ft
Becker
&
.48
Bingham, Walter ft Hurry
.53
Rollins
William
& Co.,
Blair
&
Inc.,
Ellis
ft
Co
.005
Bo-swoitb,
Sullivan
&
Inc.
Bradford
Brown
Brush,
H.
Sons
Siocurnb
M.
ft
Byllesby
Co
Qulncy
Cass
Central
Republic Co.tlnc.)
Asso:.ates__
E.
W.
Clark
Richard
coiiin
Cohu
.125
Conrad,
Bruce
Co
ft
Co
ft
Co
Co
.095
Crowell,
Wcedon
&
Co.,.
M.
Dain
Davles
ft
&
Mejia
Davis, Skaggs & Co...
L.
R.
ft Co
Day
DeHaven
ft
Crouter
Dick
R.
ft
&
S.
Company
Dickson
Dillon,
Read
ft
Drexel
&
ft
Co..
Inc.
.125
I ic.__
Co.
Co
ft
Francis I.
Doinlnick,,.1,
ft
.59
Co..,
Estabrook
Clement
&
Fahey,
Clark
Fairman
ft
Co,,,
ft
ft
Co.,
First
First
Boston
Corp.__
The
First
Southwest Co
Foster
&
Scott
&
W.
Trank
.035
Marshall,
Glore, Forgan, ft Co
Goldman, Sachs & Co
Hallgarten
&
Hallowell,
Harbison
Wmf P
ft
Harper
&
Ripley
Hall
ft
ft
Co.
Parsons
&
J.
B.
&
Holt
&
&
Hope
&
&
E.
F.
Hutto.i
&
E.
Huttoi
William
D.
Company
/_
Co.,
Robert
T.
H.
C.
&
Kalman
—V.
&
&
Co
The
on
Hoffman
ft
Weld
Weeks
ft
Dean
Woodard-Elwood
.065
Wcod,
be
offered
Net
&
wUl
b°
u
to
May
171,
the
off
nay
Bank
.59
lork
Barkers
agent
to
warrant?,
period
rru'fc
21
ti
New
York, N.
subscriptions for
accept
and
March
Co.,
t~~ns pr
through
t.be
April
series
Agriculture
Files With SEC—
clPe corporation
BEC
with
due
1980,
Pipe
2%%
Co.
been
and
covering
($1
par
per
equipment
provide
To
to
upon
during
the
171,
capital
be
working capital.
used
No
irom
the RFC
company
pay
any
March
on
for
grants
dividend
a
the
on
2
term
RFC
authorized
the
not to exceed
a
83,218
p.
first
to
pay
to
be
New
exercise
$53,430
1,072
years
on
125,
to
on
its
p.
3,457
letter
a
of
notification
with
the
involved.
the
offered
the
at
buy new
involved.
Proceeds
borrow
Irom
the following
not
less
Crl2,lll
18,000
*6:20,283
su.plus
road
$150,000
condition
that
the
and
not
stock
$10).
(par
Proceeds—To
added
be
with
the SEC
Price—$15
to
per
working capital.
The
E.
Pollock
L.
of
F.
the
offering
Rothschild
ft
gioup
Co.;
G.
A.
are
Merrill
23
on
The
bid
a
Becker &
Lynch,
First of Michigan Corp.;
&
Co., Inc.; Gregory ft Son,
and Mullaney, Wells & Co.—V. 171,
Co.,
of
Co.,
Pierce,
Inc.;
Fenner
Freeman ft
Co.;
Inc.;
McMaster
ft
Wm.
Hutchinson
ft
1086.
p.
Security Insurance Co. of New Haven- -Registers With
The
company
covering
warrants
stock
of
March
on
50,000
for
is
be
filed
22
shares
of
registration
a
capital
stock
statement
with
par)
subscrip¬
($10
and
the
stock.
such
to
the
offered
first
through subscription warrants to the
common
stock at the rate of
company's
outstanding
share
additional
each
for
five
shares
held.
The
price of the
stock and the terms of underwriting are to be disclosed
by amendment.
Chas. W. Scranton & Co. and Day, Stoddard & Williams, Inc.,
are
underwriters
as
stockholders
Net
capital
as
the
of
proceeds
and
the
for
of
such
stock
the
taken
not
by
present
company.
of
the
surplus
of
part
a
tinues—The
financing
of
the
general
will
and
company
company's
applied
be
to
are
be
funds.—V.
to
increase
added
160,
to
the"
and
used
471.
p.
$1,500,000
from
RFC
the
substantially all property,
its subsidiary.
and
company
The
note
is
Line Co.
below.—V.
163, p.
Line
Co.—Rights
following is taken from the company's 54th
annual report:
At
Dec.
1949,
31,
increase
an
of
electric
during
of
Roanoke
to
was
the
of
pipe
a
Line
15,
at
share for each of
The
19 202
shares
were
1950
also
program
to
at
The
an
the
95,800
offered
in¬
the
Gala
to
Roanoke,
Va.,
of $250,000, par $10.
approximately $600,000.
financing, the directors of
purchase
at
Roancke
by
the
Gas
company
share, with
per
of
the
Pipe Line company
The entire proceeds
Co.
or
to
are
discounts
be
19.202
have been
with
company
company
in
or
connection
have
expenses
with
the
been
distribution
of
shares..
had
the
holds
commissions
or
incurred
original
518,523,
and
substantially completed
Life
bonds
of
Insurance
Co.
Rcanoke
Gas
the
by
the
of
New
Co.)
to
Pipe.
York
borrow
pipe line and
over
a
its
a
loan
stock
items.
period
of
tv'e Pipe
the
years,
Line
estimated
at
an
will
company
balance
interest
of
have
Commission to
stock
for
oeen
obtained
to
at
par
of
to
raise
plus
care
of
of
33/»%.
from
With
the
sufficient
all
pay¬
sale
funds
miscellaneous
$10
the
Virginia State Corpora¬
($200,000)
per
of
share,
the
Roanoke
including
the
Pipe
2,000
and
1945.
capacity
a
in¬
an
The
of
new
280,000
lor
the
work
of
from
Mesa,
to
have
in
3 949.
The
Big Creek No.
be
to
a
$19,000,000.
completed
4
in
$9,500,000.
of
budget
line
work
the
of
will
of
and
1949
year
originally
somewhat
$74,091,724.-
was
programmed,
lower
costs
As
deierment
than
estimated
budget, actual expenditures for 1949 were $70,227,985,
less than budgeted.
The budget for 1950 totals $51,less than such expenditures for 1949.
It is
that
expenditures
under
the
1950
budget
will
much
more
the
budget estimate.
Net additions to plant for
giving effect to retirements, are expected to
after
1950,
$45,200,000,
compared
additions
net
to
of
$56,223,961
1949.
additional
banking
CAPITAL
shares
syndicate
this
from
used
to
finance
Construction
the
from
permanently
estimates
together
company's
budgeted
commercial
new
has
money
CONSOLIDATED
banks.
not
will
The
been
requirements
INCOME
(COMPANY
from
raised
form
in
1,
The
sources
1949,
were
program.
additional
funds
temporarily
which
determined,
of 800,-
investment
internal
Jan.
require
be
for
an
$24,800,000.
construction
will
1950
issue
an
to
of
hand
on
continuing
for
total
a
funds
funds
which
1949,
sold
was
or
with
and
$27,000,000
financial
of
share,
per
May
stock
common
reserve
work
approximately
borrowing
of
sale,
depreciation
OBTAINED—In
$31
for
as
of
Magunden
advance
plant
cost
this
on
transmission
from
cost
in
This
estimated
expended
satisfactorily
very
well
1951.
of
total
a
seel
progre
completed
at
was
1950,
approximate
year
this
pending
may
by
be
further
1951.
AND
SUBSIDIARY
1949
COMPANY)
1948
1947
electric
energy..
$99,482,753
$94,818,857
$83,822,060
operating
revenues
652,305
760,123
1,055,227
$100,135,058
$95,578,985
$84,877,237
33,879,734
35,424,838
8,445,133
27,802,343
11,260,000
12,000,000
of
Other
Total
operating
revenues'
Operation
Maintenance
Prov.
for
Prov.
for
11,629,900
frequency change
depreciation
expense
10,961.821
Amort,
of acquisition adjustments-.
State, local and misc. Federal taxes
Federal
Net
income
income
Gross
261,805
9,386,576
8,961,000
4,708,000
5,614,700
~$22,725i327
$15,227,393
$14,016,868
2.251,535
income
:
________
inccme
9,296,827
261,805
10,283,714
2,653,754
1,868,664
"$24,976,862"$17,881,152 $15,8857532
deductions
Net
6.498,168
261,805
(net)
income
9,968.097
11,715.471
taxes
operating
Other
6,037,075
4,555,785
"$187939,787
:
5,991,857
$11,889,295
$11,329,747
Dividends—paid
Orig. pfd.
or payable in cash on:
stock—$1.50 per share.
Preferred
stock
6%
and
Cumul.
pfd.
stock—4.32%
per
240,143
239,936
302
2.303,666
1947)
series.
1,785,703
1,785,703
1.026,794
conv. ser.
1,839.646
1,851.355
1,218,904
stock—4.88%
pfd
Preference
Earned
in
299,995
Crl,154
(retired
5y2%
series—
976,000
935,359
stock—4.56%
series—
Preference stock—4.48%
Cum.
Common
from
sell 20.000 shcre*
c*.sh
rate
$150,000,
adequate working capital and take
Proper authority has
Co.
20
with
$542,224,-
was
year,
since
$18,708,562
or
expected
Total
Mutual
the
plant
the
years
Beach,
Fall
new
a
one
plant
work
$3,864,639
or
Sales
the
during
four
Years Ended Dec. 31—
the
by
Gas
the
$10
of
par
the
and
be
the
cancellations
of
other
in
and
estimated
original
result
a
of
plant
kilowatts,
includes
Magunden
1951
for
($10
par
is
temporary
the
to
1950
stock
line
Pipe Line stock
made
18,
Company
line from
capital
authorized
the
Feb.
in
may
ir.
$6,300,000
ADDITIONAL
Rcancke Gas Co., the parent.
organized in Virginia for the purpose
pipe
necessary
Co.
by
record
12%
Redondo
date
84,000
Approximately
in
before Marcn
Pipe
outstanding.
operating
of
or
the
Pipe Line
one
maximum
cost
the
of
of
011
subscribe
stock
company
and
Co.
at
and
year
schedule
proceeds
Gas
47%
in
investment
or
or
generating
the
approximate
Receive
company's
$56,223,961
station
hydroelectric
1872.
Expire—To
the
of
$172,666,033
kilowatts, was completed during the year at a cost of $38,300,000.
Construction
work
commenced
on
the
company's Big Creek No.
4
closely
underwriting
provide
Line
Commission.
March
on
sale of the certificates will be used to provide lor
standard-gauge railroad equipment, est'mated to cost
3-Diesel yard switching locomotives, and 64
Illinois Co.;
capacity oi
approximately 15% of the cost of the pipe line (thet is, approximately
$450,000), to be secured by 1 first
mortgage on the
tion
Commerce
the issue
freight switching locomotives.
steam
letter of notification
a
common
shares owned
Line
Negotiations
to
certificates,
$9,420,167:
members
Co.;
$29,463
Insurance Firm—
repayment
which
of
trust
the
new
than
&
661,
of
approximately
able
equipment
4,634
$47,463
the offering
of approximately
19,202 shares are to be used,,
together with
the
proposed
borrowed
funds
from
the
Mutual
Life
Insurance Co. of New York, for the
purpose of acquiring rights of way,
purchasing materials and equipment for a natural gas pipe line and
plant, and for the construction of such pipe line and
plant and the
expenses incident thereto.
<
with
properties
512.
filed
•)
bids were received, all for 2'/4S, viz.: Salomon Bros. &
Lee Higginson Corp. and Harris, Hall &
Co., Inc.
99.7986;
and
Harrirnan
Ripley & Co.,
Inc.
a.id
Lehman
(Jointly), 99.64.
Brothers
1,333
income
March 14 filed
Pipe
Gas
shares
No
debts,
underwriting
company
10
mortgage
outstanding stock.—V,
"$27,865
understanding that this stock will be resold
subscription
notification
stock
March
on
99.877;
(jointly),
50,212
852.
p.
Pipe
provide
such
ICC
61,406
other
Hutzler,
v
-lifiiiates—
2,000
1185.
letter of
A
47,091
—
awarded
was
named
payable
Pecos Valley Southern Ry.—Loan from RFC—
The
"$9,727
:
1339.
estimated
Line
100.000 shares of class
share), the proceeds to
and
97,595
Dr18,138
promls-
appointed
stock
common
1950.—V.
a
$108,430
99.026.
one
$100,813
4
Irom
has
:
approval of the Interstate
The
1949
105,929
income——2—
net
authorized
an
The
the
Enterprises, Inc., Tempe, Ariz.—
March 6 filed
cn
131,435
$95,421
ing April 1, 1965. Issued
the certificates are priced to yield from 1.35% to
2.50%,
according to maturity, and are being offered subject to
America—Earnings—
"$32,394
shaies
2,000
incurred
Palmer
650,419
SEC—
over
the
Roanoke
Trust
warrants,
21,
712,444
—
1, 1951 to and includ¬
under the Philadelphia plan,
about
costs
1949.
—
ordinary
on
constructing
with
t
Y.,
$890,284
124,593
underwriting
SEC
income
stockholders
clude
and
.
2,095
$932,461
—
fering $7,065,000 of 2Vs%
the income account
to
896,202
share) on the basis of
shares of the Gas company
.29
statement
company's
ft
No
holders
per
Pacific Telephone &
Telegraph Co.—Agent—
The
months in
restored
1950
recently given the right
19,202 shares of capital
.095
697.
p.
1949
$892,379
2,514
.....
such
.125
registration
at
r0tTn-«eld t,by MeIIon National
1, 19o0.—V.
.1950
series G maturing annually April
stream
year,
from
The
2.83
Co.___
Co
fust
ed
good
generation
steam
two
income
171,
Roanoke
Loan
.35
of
a
—
$934,975
Seaboard Air Line RR.—Equipment Trust Certificates
Offered—Halsey, Stuart & Co. Inc. and associates are of¬
000
.29
Co.__
ft
Hansen ft Co
mortgage bonds,
competitive b dding.
proceeds
that
1185.
p.
transfd. to earned
Roanoke
Co.—Registers With SEC—
filed
appropriate.^—
12,928,787
.125
Stubbs
ft
Struthers
sale
for
$21,3(2,606
fact
12 Months
Roanoke Gas Co.—Rights to Stockholders—
The
of
the
by
reaute
the Ei.me
expenses
from
169, p.
See
1.56
Co
Johnson ft Hlggins
Witter ft Co
Yaruall
Corp.—Earnings
revenues
corporation
erty.
the
.125
Co
and
.23
S9.000.000
2 Months
$4,248,079
loan agreement provides, among other
things, that the company
without prior consent of the RFC pay
any dividends, or pur¬
or retire
any capital stock, so long as the note remains unpaid.
chase
p.,. 1-186.
covering
to
company
with
period
1.21
Co
.095
deem
;»
charges
Beane;
not
—V.
1.15
Co.—
Co
White and
Wul f,
they
as
covering 10,000 shares if :ommon stock to be offered at par ($1
the proceeds r,o be used to drill San Pedro Mines prop¬
Otis
ft
C.
Pacific Power & Light
SEC
on
"665,270
(he
during
equipment of the
year,
will
1.86
Goodwin
Whiting,
in
as
share),
per
Three
per
shaie
per
Co.—Earnings-
revenues
from
and
The
.42
Corp
Weeden
17
cents
75
of
other principal payments required by terms of the note
and (b) any amounts the company may recover as a
tax carry-back refund for losses sustained in 1949.
.42
V'i^on
not,
stock
$30,000,000,
to
extra
dividend
Electric
1949,—V. 171,
20,000
such
for
.065
Co.—
Watling, Lerchen &
Mirch
company
additional common stock.
dividend of 75 cents
01
year-end
a
$25,000,000
company on Nov. 15, 1949 borrowed
note payable secured by mortgages cn
a
any
.59
&
Securities
&
on
of
the
of
payable in monthly installments of $25,000, plus (a) the excess of 25%
of net earnings (after taxes but before
provision for depreciation) for
.145
Company
.035
company
the form
quarterly
Underwriter—None.
plant
.29
N.
do
much
171, p. 852.
original
.29
Walker ft Co
.23
I ic
the
The company
.175
Vager seller & D"rst, Inc.
.21
.
in
be
declared
officers
the
Rand McNally & Co.—Files With SEC—
.23
Corp.,
Anthony
Wa'ston,
limes
operating revenues
crease
.59
Co
Co
financing
is exclusive of $225,0000
"Deficit.—V.
.23
Swift ft Co.__
&
White,
Co.__
and
railway
street
a
Richmond Radiator Co.—Borrowed From RFC—
Co
.29
Co.__
171,
ft
Tucker,
H.
such
at
operating inccme
group
authorized
public
compared
income
Net
Securi¬
Company, Inc.,
&
Jones
Jcnes
Kaiser
&
Lines,"
Arrow
suburban Philadelphia, Pa.—V. 170, p. 889.
i
ordinary
Deductions
1.86
American
Union
Co.
as
Southern California Edison Co.—Plant Expansion Con¬
Net
share.
Co.
Co
.065
Cosg'-ove
Deductions
.145
&
Tucker
.42
Inc.
Jones,
&
Gas
purchase
taxes
alter
SEC
.145
covering
Spencer Trask ft Co
Johnson, Lane, Spacs and
Johnston, Lemon
involved.
underwriting
No
20
indeb.edness to
011
.145
.43
James' Co..*..
for
ordinary
Interest
.125
.125
Company
Net
—V.
to be offered
used for expanding operations
be
to
;
as
Gross
.23
ft
Youngberg
ft
Swiss
G.
ft Co
Illinois
ft
Roanoke
San Pedro Mines Co., Tucson, Ariz.—Files With SEC—
the
with
.095
Strauss
Plenty F.
.065
W.
The
S.
Sutro
.39
Co
the
at
.125
Corp.
J.
Labouis.se, Fricd&
Net
Diesel
operating
Co
Webster
ft
Stroud
.095
Weeks
March
on
Increased
was
Meyer
&
,175
ft
notification
of
V
.145
Leydecker
.175
Co
richs
Co
,065
Fay
Hornblower
Howard.
ties
425
Son,,
Delafield
&
.175
Boyce
Scanlon
.59
Collins
Hooker
Stone
Stone
Sandman,,.
letter
a
Net
operating revenues
Non-communication
revenues
1.06
Co
.29
H.lliard
&
ft
.125
Hogle & Co
Holmes
Stewart,
Stlx
.43
Co
filed
6
"Red
operates
General
December,
.29
.23
Co
Delafield
stock, both payable April 15 to holders of record April 3.
1949, to and including Jan. 15, 1950, quaiteriy dis¬
50 cents per share were made and, in addition, a yearpayment of $1 per share was made on Apul 15, 19t9.—
enabled
Total
.095
Co.,.:
&
ft
Frank
.97
&
ft
Brothers &
Stern
.48
Co
Herrman
Richards
Bros,
Stern,
(Inc.)
on
15,
Tuia. cp-iating
2.83
Co
.055
Co.,
Hayden, Miller k Co
Hayden, Stone & Co
Hemphill, Noyes, Graham,
Henry
Co
Co
Staats Co.,,,,
Stephenson,
2.33
Harris,
A.
R.
Stein
.065
&
March
Radiomarine Corp. of
.59
1.06
Scribner
&
3mithers
S.
Starkweather
__
J.
F.
&
Co._
Smith, Moore ft Co
.175
Son
&
Agnew ft
William
Inc.
J.
Shuman.
Deane
Co
Karriman
Kill
Hammill
&
Barney
Henderson
olfered
cents per share).
The proceeds
President.—V. 171, p. llbu.
.095
Smith,
Talbot
be
to
are
Month of January—
.125
Company
.97
the
privilege,
January—
tion
&
__
Singer,
&
building
with the SEC covering 750
.065
.
ft Co.,
Shaughnessy
.015
ft
in
1.21
Scranton
through
net proceeds
might
ffhis figure
.42
Co
&
.095
Co.
Hannafoid
flows
.35
Hutzler,
&
Shearson,
1.86
Co
Sulzberger
Co
Shields
1.86
Co.
&
which
levejiue.j
$270,000
Alcan¬
&
.145
Granbery, Marache
Wesley Hall & Co.,
and
revenues
Uncollectible
■
.145
Fr.edman
.095
Stringfcllow
C.
Co.
.065
H.
Maxfield
underwriter.
the
2133,
p,
"Net
.35
Bros.
Chas.
cents)
income
Net
.065
.125
Corp.
Michigan Corp.,,
of
Grosi
.43
&
Rothschild
.065
First Cleveland
First
33'/3
(par
Mack, Jr.,
regular
Portland
.125
Gardner
Schwabachfr
1.21
8
period Ended Feb. 28, l.,50—
Co.
Co
Co
Salomon
2.33
forward
go
the
852.
Operating
Other
Robinson-Humphrey
F.
and
sell, then
to
themselves,
p.
Month of
Morenead,
of
extra
170,
.29
Co.
.065
California Co
V.
.23
The
L.
end
.065
ft
the
also
a
April
tributions
.42
Co.
Baikie
ft
of
subscription
Rochester Telephone
cov¬
common
Prom
.095
Co
Pierce/ &
ft
board
and
.095
—
Riter
.145
Field, R chards ft Co,.__,
The
5
.125
Co
the
095
tara
.125
Farwell, Chapman
Fewel
.0
Co.
&
stockholders
this
necessary
Operating expenses
March
Exchange
S.
on
plans
which
part of
share
.125
Reeves
Richcy,
.0:5
Gould
be
wili
filed
was
manufacturing.
log
develop
.175
Reynolds & Co
Co.,
R.
not mere than 75,000 shares of capital stock
directors
The
& Co
Reinholdt
.42
&
Inc.
to
.29
;
&
Stock
company
The
.44
Baerwald
Reed
Inc.
.23
Co.__
Evans
A.
.145
Pressprich ft
Daniel
171,
market
Philip Morris & Co., Ltd., Inc.—Plans Financing—De¬
.89
Rauscher,
1.83
of
account
17
the
at
clares Extra Dividend—
California,
oi
ft
Ragglo
1.21
Corp.
W.
March
on
oDered
(approximately $11.62'/2
share,
per
The
.125
—
Northwest Co
Putnam
.23
Eastman, Diilon & Co
Elworthy & Co
Securities
Co.
Co., Inc
R.
.43
auPcnt
Equ.table
&
2.83
SEC
be
Philadelphia,
bus transportation system in
Se<*uh:ties
P.pez, Jaifray & Hopwood
Prescott, Hawley, Shepard
.23
the
the
to
.065
_
Fflueger
.063
Merle-Smith
Dominick
Co
Peters, Writer ft Chrlstensen, Inc.
.033
.065
Dewar
2.83
Curtis
Co
$10,110,000.—
Philadelphia Suburban Transportation Co.—Secondary
Offering—Brooke & Co., Philadelphia, on March 22 of¬
fered a block of 4,004 shares of common stock (par $10),
priced to yield over 8%.
Paine, Webber, Jackson &
.065
Dempsey-Teleger ft Co
pre-cut
.40
Company
Coast
Pacific
.145
Bodine
Denault
&
Ohio
Pacific
Townsend,
&
of
.175
ft
Co.
.59
York
commencing
.29
Co.
&
Newsome
Faciiic
.89
found
The
.23
Co.
.095
.125
.035
with
soicfe
for
Co.,
stock
corporation
.125
ft Co
Co
Moseley
C.
share)
&
to Walter
$1
.145
The
.0.5
Co
&
York
price
go
at
1.06
.125
J.
.59
Curt.ss, House ft Co
Turben
Miller
Milwaukee
S.
filed
was
common
notification
SEC covering
1.36
Ntwhard, Cook ft Co
.0o5
ft
Pierce,
Beane
&
Mullaney, Wells & Co
Maynard H. Murch & Co.
.175
Cooley
Courts
J.
Lynch,
Monell ft Co
F.
oi
per
capital
New
to
The
Mitchum, Tully ft Co
.125
immediately
the ollicers and directors of the
Pipe Line company reserved the light to sell the remaining part of
this issue up to $192,020 to such persons, including the officers and
Perfection Logs, Inc., Coeur d' Alene, Idaho—Files—
.23
Moore, Leonard ft Lynch,
Morgan Stanley ft Co
.42
.095
&
Company—
Minsch,
.095
.066
Co
Collins
Co.
Merrill,
Co.
.29
Inc
ft
Revel
for
.065
ft
The
.*<$
Inc
are
Fenner
.065
Clarke Corp., '
Burr,
&
Julieil
&
W.
&
market
May ft Co
Merrill
.53
Chace, Whiteside, Warren
& Sears, Inc
Clark, Dodge & Co
the
.065
.125
McDonald
.23
of
.29
McAndrew
Co.
to
of New
Insurance Co.
2532.
p.
letter of
Inc.
Masten
Earlc
J.
l.^l
and
(Inc.)
E.
A.
.175
amount
Is
it
Life
plans
the
event
the exercise of
Operating
shares
ft Co
Mason-Hagan,
.065
Co
&
ft
Brothers
Mascn
.125
C.
Jr
Alex.
will
Pepsi-Cola Co.—Files With SEC—
A
.42
Co.
$4
Bioren
169,
.59
Marks ft
M.
issue
new
the
the
line.
Operating
-59
Laurence
Co.
—V.
shares
at
Treasurer.
Riioades ft
Loeb,
Irving Lundboig ft Co
In
Mutual
with
pipe
directors
notification
of
15,761
(estimated
.59
Co.
.145
Co
the
of
the
from
the
-
later
1185.
letter
A
ering
.065
Co
ft
Co.
M.
Carl
.145
_
Simmons.,
and
ft
Lester
-
Blunt
Boettcher
Leib
William
.23
Blair,
bids
23.
Installment
p.
for ind bought by the Roanoke Gas Co.
imperative that at least $150,006 be raised immediately from
the Roanoke Pipe Line Co. stock in order to obtain tne
of
promptly
Invjte
to
already subscribed
was,
sale
loan
V.
1.66
Brothers
It
the
Pennsylvania & Southern Gas Co.—Files With SEC—
.29
.97
.125
Higginson Corp
C. Legg ft Co
Lehman
.48
Inc.,
Co.,
& Co
Irving Lee
John
been
this month on a new
trust ccrtii.cates designated ser.ts-"V," it was an¬
March
on
171,
1.86
ft Co
Lee
.59
Co
&
H.
.44
ft
Levy
V.
Co.,
Lazard Freres
.005
E chler & Co.
Bateman,
ft
p.
has
who
H.
expected
equipment
Initial
ft Meeds—
Langiey
Lawson,
.35
Baker, Weeks & Harden.
Ball, Burge A Kraus
Lceb ft Co.
BjssoII
C.
W.
171,
is
company
of
nounced
2.83
.125
1.21
Williams
.29
Kuhu,
.125
issue
.145
ft Co
Knowlton
The
.095
Co
Laird,
.29
—
Board.—V.
Sammis,
1185.
W.
Pennsylvania RR.—Plans Equipment Issue—
1.66
Pe&body ft Co
Frank
succeeding
of
,
Co.,
Inc.
J.
Kirkpatrick-Feitis
475
Bailey ft Davidson
Robert
Kidder,
.145
;
Whipple & Co
Monday, March 27, 1950
shares
has been elected
made chairman
Vice-President and General Manager,
Round,
the
of
.125
Kidder ft Co
CHRONICLE
.
B.
-0b5
EclJ
&
M.
FINANCIAL
&
Pennsylvania Power Co.—New President—
L.
President,
.29%
McCormick & Co.
Kebbon,
Kerr
A.
475
Securities Co..,.
American
Bache & Co
Bacon,
of the several Underwriters and the
unsubscribed stock which each has
as lollows:
purchase,. are
to
Inc.—
6.04%
Co., Inc.,_
.42
ft
Ailyn
names
of
peiceniagj?s
severally
COMMERCIAL
807,539
stock—$1.50 per share..
common share
(Continued
on
7.354,187"
$2.99
page
42)
640,783
4,775,750
4,772,463
$1.83
$i,95
171
Volume
COMMERCIAL
THE
Number 4893
CHRONICLE
FINANCIAL
&
(1265)
9
Stock Recoxd «» New York Stock Exchange
ORILT RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
STOCKS
Range for Previous
Jun
1%
Jun
177/s
Oct
21% May
19% Jan
*17%
Jun
23
Dec
21
Jan
44%
27% Mar
14%
35
Nov
3%
2% Feb,
Dec
11
Sep
40% Mar 22
42 % Feb
14
Adams-Millis
47
Dec
43
Jan
13
Feb
24
Addressograph-Multlgraph
19 %
Dec
17% Jan
3
9% Jan
26
Dec
Dec
51
Jan
23% May
22
27% Mar 23
Mar 24
110%
Dec
new
9
25% Jan
9
Air
1
Alabama
3% Jan
3
10
Feb
&
Jun
4%
Nov
Feb
18%
Dec
16 % Feb
15
Sep
67% Jan
4
Dec
3% Feb
14
,
Mar
72
Apr
2 Va
Feb
4
40%
Feb
82 %
Dec
75% Mar 14
85% Feb
Jan
86%
Dec
79% Mar 14
83% Jan
4
17 Va
Jun
27%
Jan
21% Jan
3
27% Mar 23
88
Sep
Jan
5
103% Mar 23
83
July
93%
Feb
8
Jun
8%
Jan
8% Jan
165
Jun
210
Dec
200% Jan
Jun
19
Dec
15%
104
Mar
94
89% Mar
92
2
Ry
*118
100
5%%
Mar 22
229
2
Allied
Kid
11
Allied
Allied
Stores
Jun
30%
Oct
Feb
35%
Dec
32% Jan
13
36 % Feb
3
Feb
16
95% Jan
3
4%
83%
Jan
97"%
Nov
93
25 %
Feb
33%
Dec
31% Jan
13
35% Mar 23
76
Jun
88
Oct
86% Feb
17
90% Jan
26%
Jan
37%
Dec
35% Feb
2%
Jun
4%
Nov
3% Feb
28
Jan
Jan
26
Apr
43
40
38% Jan
11
4% Jan
.
40
3V*%
26
conv
3
Amerada
8
113% Feb
Amer
Feb
Oct
100% Mar
2
Jan
45
Sep
40% Feb
2
45 % Mar
6%
Jan
10% July
9% Jan
3
11% Feb
27
Feb
10
75 % Jan
6
3%%
7
American
51
Jan
70
Dec
20
Jun
27
Dec
61% July
69
Oct
*7%
12
Dec
30% Mar
35
Jan
96% July
104
Jan
Jun
X69
26 Va Jan
17% Mar 24
Mar
x63
67
2
13% Feb 24
13
10% Jan
Jan
12
104% Jan
20
35
32% Mar 22
101% Feb
8
6%
A%
preferred
100
Corp
No par
Agricultural Chemical__No par
cum
preferred
conv
Dec
105 Va Jan
3
119
Jan
28
American
187%
Sep
183% Jan
4
190
26% Jan
12%
13
52
53
22%
22%
"118 'A
Broadcasting Co Inc
25%
Jun
59% Mar 20
13
16
36% Mar
Mar 20
138
13
39% Mar 23
Can Co common
preferred
preferred
1 per share
4%
Feb
Sper share
Oct
6% Jan
7% Jan
6
15 3A
Feb
19%
Dec
18% Jan 28
13%
Jan
21%
Nov
20% Jan
20
-
24% Feb
3
4
4% Mar 23
45%
34
3%
Amer &
Oct
51%
Dec
49% Jan
55 % Mar 22
American
43%
Oct
39% Feb
42% Jan
18
American Hawaiian
Jun
5%
Oct
4% Jan
5% Jan
12
American
Jan
30
Feb
73
Jun
Jun
Jan
76
4%
Jun
15 V$
84
Jan
14% Jan
12
Jun
33%
Dec
963A
Jan
105%
Nov
5%
Jan
7
28%
Nov
Feb
32
10
Jun
Mar
6% Mar
23%
Jan
37
Jun
39%
Jun
Feb
142
34%
Jan
Jan
130
71
1,500
18%
II,300
27
Feb
20
4
8
3.
Mar 22
34% Jan
11
18%
17%
18
65 »A
65 %
65%
270
12%
12%
12%
12%
12%
8,800
300
4%
4%
4'A
4%
4%
4%
4%
4%
4%
4%
4%
12,800
117%
117%
117%
118
117%
117%
*187%
189
187%
1
non-cum
of
Investment Co
111
33
Amer Machine
117%
117%
H6V4
117 %
116%
116%
187%
187%
187%
187
187%
187
187 Va
280
24%
22%
24%
23%
24
23
23%
22%
22%
12,500
64%
65%
63%
65%.
63
64
62%
63 %
62 Va
62%
61%
62%
5,500
24%
*24%
24%
24 Vb
24%
24%
24%
24 Va
24%
24%
49%
48%
49'A
48%
48%
49
51
50%
51
22%
22
22 %
22
22
22
22
22
22%
•24
49%
*22
187%
19%
*18%
19%
*18%
19%
*18%
85%
*83
85 Va
*83
85
*83
85
58%
58%
58%
59'A
59
137 V8
37%
138
136'A
37
36%
37%
Monday
7
36%
58%
600
18%
200
18%
57%
58%
135%
39%
85
57 Vb
577/b
42,200
133%" 135 Vb
9,700
37%
38
Wednesday
Thursday
Mar. 22
$ per share
Friday
I per share
Sales for
Mar. 24
Mar. 23
9 per share
the Week
7'A
7%
7%
7 Vs
7%
7%
7%
19%
*19%
19%
19%
19%
20
20
19%
19%
400
22%
22%
22 Vb
22 'A
22 Va
22%
21%
22%
3,800
3%
3%
3%
4%
4%
4%
4 VB
4%
97,000
76'A
76'A
23
4
80%
79%
7%
7%
81%
83%
81
84
21 %
21%
24%
24
25 %
23%
24%
22%
23%
82,100
66
69%
69%
72%
71
73%
70
70%
19,500
53%
543/4
54 '/a
54%
10,100
42
42%
42
42
5%
5
54 Va
54%
54%
54%
54 Va
55%
*41 Va
4 2'A
*4.1%
42%
41%
42
5 Vb
5 Vb
5%
5%
5%
*46%
32%
*46 Va
50
33
33
7%
*7%
*85 Va
86'A
*85%
15 %
15%
15%
14"%
14%
*88%
15%
91
89
*85
85%
15%
15%
14%
*88'A
15%
16 Ve
No par
7%
7%
7%
32 Vb
31%
31%
*105'A
106'A
*105%
7%
7 Va
32 Vb
106 'A
14%
21%
105'A
52
33%
*46%
15
21%
8
8
15%
21%
22
14%
*88'A
15
15
*21%
21%
14
14%
87%
87%
500
15,200
15'A
14%
14%
14%
14%
*85 %
85%
85%
85%
30
8
8
7%
8
7%
7%
10,300
29
7%
30
29%
30
30%
30%
3,000
106 Va
♦105%
105%
*105%
106%
*105%
1
*6%
6%
6%
x6%
American Natural Gas Co
No par
32'A
32%
32%
32%
32%
32%
32%
32%
31%
6%
32%
31%
36% Aug
34% Jan
25
36% Jan
American
No par
*35'A
36'A
35'A
36
36 Va
36%
36%
36%
36 Vb
36 V8
19% Feb
16
21% Mar
& Light com new_No par
20%
20%
21
21%
20%
21
20%
20%
20%
20%
13% Jan
13
14% Jan
Amer Rad 8c St San'y com—No par
14%
14%
14%
14%
14%
14%
14%
14%
14%
14%
Feb
10
178%
7%
49
50%
*39%
40
53%
54
*165% 166
*176%
178 Va
*176%
178%
♦176%
178%
*176%
7%
7%
7%
7%
7%
7%
7 Va
45%
47%
45%
—-
14%
Jan
Sep
178
176
Dec
7% Jan
49
Nov
44% Jan
43%
Dec
8%
56%
Jan
Dec
164
Dec
40
141
27
Mar
2
2
10
6
Molasses Co
Amer Pwr
7%
Co
News
100
preferred
11
American
Safety Razor
American
Seating Co
43 % Jan
Ship Building Co—No par
& Refg com
No par
100
3
American
57% Jan
9
18
5
No par
Amer Smelt
Jan
166
42% Mar 16
2
Feb
28
preferred
51% Mar 16
25
26
51% Mar 24
Jan
Mar
9% Jan
39% Mar 13
158
Sep
42%
150
177
4%%
American
145
Jan
13
7%
preferred
American
6%
Snuff
non-cum
Co
25
common
preferred
100
18
21%
Jan
34 % Feb
27
American
7%
Jun
12%
Jan
31%
Feb
45
Dec
38 % Jan
25
128% Nov
128% Jan
5
9% Mar 21
120
Jun
16
July
20%
Nov
19% Jan
13
138
Jun
150%
Jan
146% Jan
3
Jan
76%
Dec
Jan
153%
Dec
49% May
74
Dec
Apr
121
71% Feb
17
Feb
6
151
24 %
32
*10%
25
7% Jan
3
Feb
21% Feb
23
Jan
Jun
38%
79
Sep
91% Mar
Jan
80
59%
Jun
4%
Jun
48%
Jun
65
25%
Jun
35% Jan
22%
Jun
35%
25%
Jan
40%
7%
Dec
Dec
Jan
Dec
55%
Jan
5
68% Mar 18
5% Feb
14
11 % Nov
4% Jan
42% Nov
see
76% Jan
9
155% Mar 24
Jan
4
Mar 10
American
American
6%
5%
32 Vb Jan
American
94% Feb
10
7%
Feb
2
$4
74
7% Jan
10
12
110% Mar
8
Mar
4
55
11
23% Jan
7
9% Jan
4
10% Jan
12
Feb
15
34% Jan
13
19% Feb
3
page 20.
5
Mar
41% Feb
5
No par
preferred
1
23
*87'A
68%
6%
20
5
*10
*4Va
Arcfaer-Danlels-Midland
No Par
40!/b
39%
—
—
620
39%
42%
52 'A
52
*163%
42 Vs
51%
52
164'/a
163'A
164
42%
42%
42%
"10,900
-
300
700
30
12,900
31%
32'A
32%
32%
32%
32
32 'A
31%
31%
10'A
9%
10%
47'A
47%
132 VB
47 Vb
♦131
*130%
72%
154%
68%
70'A
121
72%
155%
154%
67%
70
10 VB
10
49%
49%
131%
132
145
10
50
131%
*21%
21%
152%
153%
73%
72%
73%
21%
"
154%
155%
68 %
67
121
121
121
121
121
10 'A
*10
50
Vb
21%
10%
900
49'A
50 Va
5,200
132%
132%
300
*10%
72%
21%
21 VB
21%
1,700
154 VB
155%
55,600
72 3A
71%
155 'A
155
67
67'/a
♦120%
121 %
12%
72
23 %
23
23%
88'A
69
87'A
88
69%
69%-
6%
6%
«"»
550
66%
66%
8,600
121
140
12
141,200
11%
6%
11%
11%
12%
11%
23
22%
22%
22-/4
23-/8
87%
87%
87
87 Va
87
87
*86%
87
69
1
6%
22%
22%
11,100
130
Va
90
6%
6%
11.300
62%
62%
470
28%
18,400
69%
*69
6,200
155%
155%
121
22%
10%
1,600
155'/a
154
67%
50%
132
132
154%
121
♦143
143
143
10%
10%
10 %
♦143
152%
21%
152
73'A
72
•68%
69%
*683^
69%
*68%
6%
6%
6%
63/b
6%
63%
64%
♦63%
64%
28%
28%
28%
28%
28%
28%
28%
28%
28'A
28%
28
28%
28%
52%
52%
*52
53
1,000
45
46'A
46
46
46%
46%
45 3A
46'A
46
46
3,100
110%
*110
110%
XllOVa
110%
110
110
63
22 Va
10 %
A P W Products Co Inc
35 %
—
23
63%
22
Andes Copper Mining
5,600
145
*52
6
42%
42%
145
*143
143
*110
10
45%
22%
52'A
22 %
5,800
45 Vs
46
%
45%
110%
10
7 Va
24
45
*110
51%
Anderson-Prlchard Oil Corp
178%
7%
22%
Anchor Hock Glass Corp com__12.50
21%
♦176%
7%
24%
28%
No par
36,200
178'/a
24
63
$4 preferred
32,200
14%
24%
28%
Anderson, Clayton 8c Co
20%
14%
24%
63
28%
8c
20%
•36
24%
50
Wire
25
9%
39 Va
36 Va
11,900
700
31%
*154% 155
121
45%
700
31%
'A
24
No par
Anaconda
12
common
*41%
42
42
143
Cable
Anaconda
Jan
42 Va
143
24'A
32 %
10%
47
133
Copper Mining
9
12
27
Inc
Amer Zinc Lead 8c Smelt com
Jan
Jan
52%
164'A
21%
preferred
100
prior preference—No par
$5 prior conv
52
164
152%
conv
Jan
46% Mar 22
Woolen
53%
165 Va
21%
100
preferred
-
140
7
*6%
"
52%
164%
151%
70'A
40
53%
21%
72'A
47
164%
151%
100
39%
40
106%
53'A
21'A
25
common
*39%
39 Va
7
164%
151'A
Viscose Corp common__14
American Water Works Co
31% Jan
37
Tobacco
39%
49
5
preferred
American
47
*131
47 Va
*6%
7
100
Sumatra Tobacco
12 V8 Mar 22
28
100
„
American Tel & Tel Co
31
Mar 22
Refining com—100
preferred
65
Mar
106% Jan 20
2% Aug
3
7%
8
28
*51
8% July
3
27% Mar 10
61
Jan
28% Dec
footnotes
85
Dec
108
Jun
15% Jun
22% Feb
121
117% Jan
Mar
155 Vb Mar 23
75
Aug
6%
American Sugar
No par
American Stove Co
133
66% Mar 24
8% Mar
21%
12% Jan 11
50% Mar 23
,
*41'A
*142
No par
Co
Stores
*176%
7%
No par
27% Feb
13
6%
7
21,500
85%
33% Mar 16
7
1,900
"
14%
5
3
900
1,800
89
13
7% Jan
5,200
'
86%
14%
14%
—
8
7%
14%
6,600
33
32%
*85%
89%
♦85%
49%
86%
14%
15%
5%
*85 %
89%
16.000
600
%
*46%
52
33%
33
8
86%
14%
31
*30
5%
90
85%
*85
85%
*85
*7%
*85%
22
22
14%
88
33%
8
86%
15
15
22
22
22
14%
♦46%
33
7%
86 %
8
50
'
5%
81
6% Jan
106'A Mar
3,500
66'A
29 % Jan
3
Share9
Sper share
Oct
104 % Jan
9,000
64
54%
;
4,100
22 %
*84
38%
38%
1,200
50%
*21%
20%
42
5%
18%
85
24%
50%
135%
136
5 Va
54%
*41'A
18%
*83
3,000
HIGH SALE PRICES
Tuesday
S per share
7%
7
136
Mar. 21
Mar. 20
$ per share
58
.
v
137%
36%
137
36%
»
'
19%
*33
100
Ltd
*187
*18%
com_No par
& Metals
American Metal Co
3,100
24
22
No par
_100
33
24%
l
—100
Pdry com
preferred
32 VB
103
24
1
preferred
Amer Mach &
3.90%
17%
65 %
4%
*85'A
15 Vb
17
12 Vs
12%
18%
66
14,200
preferred
100
American International Corp_No par
1%
18%
*65%
66
2,100
87/e
20
857/b Mar 15
Mar 22
19
*43
32%
Jan
22% Mar 24
For
70%
49%
29% Jan
26% May
72 %
33 %
Jan
99% Mar
71 Va
*7"%
Dec
48%
72 %
33 %
28
*117 %
71%
*46%
31%
60%
72%
1
Jun
135
71%
50
American Steel Foundries
19 %
71%
112
111%
Dec
33%
—
169
Jan
5% Jan
71%
No par
91'% Feb
4
Dec
22%
__
preferred
American Locomotive common
29
28,500
Products
American
78
11%
Home
15
7% Mar
1,500
11%
Ice Co common
12
Sep
84
43%
11%
American
18% Feb
Jan
102
43%
American
22% Jan
14
112
11 Vb
11
6
21% Feb
Jan
112
43 Vo
20
Mar 24
Dec
Dec
18%
7,500
44
11%
Jan
9
15%
11 ya
convertible
15% Jan
22 %
1,900
4%
4
*39
103 Va
10
com
13
Feb
36%
45
8%
10
Co
Co
Jan
Jun
73
SS
& Leather
Mar 10
15% Mar
12%
& Electric
Hide
84
14
11 Va
$7 preferred
6%
35%
4%
*39
43%
8% Jan
91
36%
4
4%
45
32 %
1
Aug
100
36%
36%
300
111%
LOW AND
$6 preferred
34
89%
11%
Mar. 18
$7 2nd preferred A
73% Mar 23
7% Feb
*89%
43
74 Va
25% Mar 22
Jan
31% Jan
89%
111
73%
20
64
Jan
47% Jan
89 Va
11%
73%
19%
63 Va
84
16
54
Sep
90
43
No par
No par
No par
64% Jan
Dec
34%
11%
3'A
Dec
Nov
35%
*42
3%
Dec
9%
IP,800
34%
111
22%
Dec
32%
111%
100
35
35%
11%
22%
61 %
48
*39
4,600
96
43
22%
3%
Dec
Jan
3%
43%
2,700
34%
34
*94
110
Inc
40c
Foreign Power com__No par
3%
Jan
36
3%
*38
96
28'A
11%
*19%
Gas
♦89
34%
*94
4,500
20
28
43
109%
19%
19%
Jun
36%
34%
28%
33%
96
219%
217
*19%
20
28%
11%
*19%
69 Va
5%
89%
36 Va
221%
•19%
2,100
43
No par
Jan
24%
46
31%
89%
220 Va
20
50
9%
9%
*102%
American Export Lines
6%
34%
221
34%
95
*9p
9%
28%
*94
92
9%
34%
34%
34%
9%
28'A
44
*38
Saturday
Encaustic Tiling
American
♦19%
95%
3%
500
92
92
9 Vb
20
American European Secur
Jun
48
34%
95%
3%
103 Va
103%
Par
2% Jan
Mar 23
3%
*102%
219
20
28'A
35%
36%
36
3%
220
28'A
90
*89
37
*19%
28%
103%
9%
9%
95%
34%
90
218%
20
103%
1,200
8%
STOCK
YORK
Jun
37
34%
*94
34%
9%
102'A
92
92
220
28%
96
58%
Jun
6%
20
28%
9%
20,000
32 Va
136%
Jan
1%
44
9%
*90
600
27%
78
•102%
EXCHANGE
30
92
STOCKS
NEW
Mar 23
*90
79%
26%
102%
102%
79%
9%
10
com__
J per share
$ per share
*101'A
111
preferred series A-100
Cyanamid Co
conv
Lowest
Highest
6%
prior preferred
,
Range Since Jan. 1
Highest
Year 1949
102%
*76%
27%
32%
10
10
100
American Distilling Co
Range for Previous
Lowest
Co
Colortype Co
American Crystal Sugar com
3%%
"101'A
78
81
27%
103 %
100
Chicle
American
*79%
27%
8%
Jun
Jan
*77
81
27'A
9
14
32% Jan
78
♦80
27
32%
No par
49
*77
80
26 %
103 Va
No par
115% Jan
77%
80
8%
American
Dec
77%
26%
42,600
32%
American
Dec
78%
80%
25%
I,700
3%
3%
103 Va
American Chain & Cable
51%
78%
*79%
3%
4,400
16%
71%
9Vb
23
120
3%
3%
3
3
16%
*71
103%
Mar 22
Jan
3%
3
16%
72%
8%
Feb
Feb
3%
16 Va
*71
32%
51
99
3%
17
72%
*102%
23
35%
3%
2%
3
*16%
•71
121
♦118
8%
American Car & Fdry com—No par
4Va%
2%
17
121
33%
7
23
10,100
♦118 V-..
121
103'/a
24
% Jan
340
22%
8%
18% Jan
86
12%
52%
22
•102%
23% Mar 13
xl9% Mar 16
12%
52%
22%
23 Vb
1
44% Jan
3
13
53'A
22%
12%
72%
12%
Dec
5
3%
•118 Va
3
16%
*71
12'A
Sep
Jan
100
♦52 Va
13
52%
22%
121
3
17%
72%
12%
Dec
Jan
3%
3
17
*71
12%
19%
82
*118%
12%
47%
18
121
18%
25%
Oct
12%
52 Va
22%
*65 Va
Feb
Mar
23,400
13
53%
19%
Feb
19%
63,700
66%
15%
87
27 'A
*65 Vb
19% July
71% July
27
19%
39%
12
27%
25
106 7/s
7%
27
100
Jan
172% Mar
18
26%
1
American Cable 8c Radio Corp
Feb
25%
12%
9%
33
14
79
25'A
66 Vb
—100
Co
5% Jan
61% Mar 24
24%
19%
No par
Shoe
3
Jan
2,600
25%
«
*65 Vb
com
Brake
3% Jan
Jan
49%
72
convertible preferred
Dec
33%
49
2
4%
82
49%
10
Note common
Jun
Jun
49'A
50
Bank
preferred
2%
Jun
49 V8
22%
3
*71
100
20
60
48%
24 7
17
43
11%
'
1
9% Feb
21%
49%
*38
111
common_No par
13
7%
48%
45
Mfg
7% Jan
18
49!/a
35
Jan
15
41'A
34%
*94
34'/a
*88Va
*36
3%
100
10%
Jan
*40%
Corp common__No par
Jun
30% Feb
41'A
*19%
5%
22% Mar 24
*40%
219
American
81
40 %
28%
American Bosch Corp
Amer
40%
*19%
American Airlines common
15
Feb
41 %
219% 219%
Petroleum
89%
*40%
5
No par
Alpha Portland Cement
No par
Amalgamated Leather Co com
1
6% convertible preferred
50
11
Jan
2,800
41%
*48%
72 Va
3%
78%
9 '/a
1
preferred
34 %
120%
Inc
Co
Allis-Chalmers
18
22 V8
53%
3%
78
*79 % 1 81
25'A
257/s
*101
103%
*90
92
gtd—100
Mills
247/s
22 Va
No par
Feb
29% Jan
20
3
1
Allied Chemical & Dye
Mar 16
3
24
21
22%
223%
17
100
preferred-No par
conv
Industries
Jan
19
22%
"
*71
preferred A
x27 % Feb
25%
37
10
5
Allegheny & West Ry 6%
Allen
22%
3%
3%
54 %
121
100
common
$2.50 prior
22%
3%
20
13
12%
*54
22%
Allegheny Ludlum Steel Corp_No par
$4.50 conv preferred
No par
9% Mar 11
3
13
11
4,400
22%
24%
preferred w w
Allegheny Corp common
2
64%
4% Jan
3,500
*22 Vb
*40%
No par
Vlcksbuig
Inc
Aldens
9
73
3%
20 Vb
41%
48%
'
2% Mar 22
2%
13 %
64
*3%
20 Va
*40%
48%
24%
Alaska Junean Gold Mining
18% Jan
121
5
Reduction Inc
5,500
3'A
22%
$3 preferred w w
Shares
47%
20%
22
1
1
50
share
47
3%
22 Va
common
47%
20 Va
22 %
Affiliated Gas Equipment com
Corp
55% Mar
5
110% Jan
Admiral
47
3%
3%
20%
Corp__l0
13% Mar 15
11 %
97% Mar
Corp
48
20'A
3%
20 V8
Adams Express Co
Sales for
the Week
S per
20
3%
20'A
No par
23% Jan
$ per share
20 V8
3%
20'A
Acme Steel Co
Mar. "3
tper share
47 Vb
48%
48
Friday
Mar. 24
Thursday
Mar. 22
$ per share
48%
1
14
50
48'A
48%
10
11
Feb
S per share
2.50
Co
Motors
21% Ja.i
51%
Jan
ACF-Brill
4
43%
Wednesday
Mar. 21
Mar. 20
9 per share
5
3
Jun
18%
Par
HIGH SALE PRICES
AND
Tuesday
Monday
Mar. 18
Abbott Laboratories
21
3% Mar
1
May
5%
46
54% Jan
Mar 23
47
Dec
Saturday
9 per share
$ per share
t per share
51
LOW
STOCK
YORK
EXCHANGE
Lowest
Highest
1 per share
37
NEW
Range Since Jan. 1
Highest
Year 1949
Lowest
29
-
Va
*10
53
22%
10%
4'A
*4%
4%
40'A
40'A
40%
64
*63
110%
r
•110
28%
53
53
22
*10
52
52
52 3A
52%
•52
22 V2
*52
22%
22%
22%
22 Va
22
22%
10
4
10%
♦10
VB
4%
3%
40%
40%
40%
*4
29
10%
9%
10
*9%
3%
*3%
4
*3%
40%
41
41
40%
40%
90
1,000
19,400
200
100
3,100
r
10
COMMERCIAL
THE
(1266)
NEW
t per
$ per share
Jun
29 Ya
Dec
26% Jan
Jun
95
Feb
89
5
Jun
8%
773/4
Dec
13
94
99% Feb
13
9% Jan
30
69
Jan
13
43
Jan
27
Armco Steel
1
81
4%%
Dec
Dec
100 Va Mar 13
102
Jun
114
1143a Mar 23
Oct
111
16 ya
Dec
15
13%
Jan
15%
Sep
Mar 13
Feb
Illinois
10
Jan
9
12V2 Jan
9
Artloom
Mar 10
17% Jan
9
15
95
Apr
109
Dec
104% Mar
101% Dec
99% Mar
19
4
110
Jan
9
104
Feb
Apr
Feb
50%
Nov
47% Jan
13
80
Jun
105%
Jan
100% Jan
16
Jun
105%
Nov
103 % Jan
27
Dec
15
Jan
12 Va Jan
3
Jun
47
Jan
41
Jan
13
53
Feb
73
Dec
68
Jan
77
Feb
94
Mar
87
30%
Jun
42%
80
24
Dec
108% Feb
1
115
Dec
107%
10734
101%
*100
101%
*100
101%
*100
101 %
101 %
59 %
59
59 %
59
5%
Atl
G
4%
Refining
preferred
conv
Dec
105
20 y2
Jan
13
73/a
Sep
Feb
153/a
4%
Jun
7%
112V4 Mar 24
44%
15
106
105
1093/4
10534
106
*105%
100
108 %
'•
1053/4
■iV-
7,300
■
1.600
13%
13%
133a
13%
13%
13
13%
13
13 %
46
46%
46
Va
46%'
46%
47%
46%
47%
*75
77
*88
.89%
*88%
42 Va
42 Va
41%
112
76
76
112
42
112
112%
77
77
79
80
89%
89%
89%
89%
89%
4334
44Va
44
45
43%
45%
112%
113%
113% 114
11334
114%
101
101
100%
"4,100
90
433a
*83%
42%
112
76
90
76
90
2,500
"
113-
79
,
79
1,500
700
28,200
740
*101%
101%
101 %
101 %
*100'.!
1013,
*100%
101%
101%'
420
.5
24%
24%
24 Va
24%
24 V8
24%
24%
24%
24%
24%
24
24%
3,500
54
54
54
54
*53%
54%
523/4
53
53
53%
52%
53%
820
112
*110%
*111 Va
112%
No par
100
*110%
112
No par
*21 %
22
No par
—
*7%
Autocar Co
Automatic Canteen Co of Amer
5
Jan' 3
7Va Feb
16
Avco
3
16
No par
*42
14 % Mar 21
15% Jan
25
Babbitt
10
13% Feb
16
E<aidwin Locomotive Works
13
11% Jan
11
Baltimore & Ohio common
100
No par
i$1.20>
isy8
,
5c
(The).common
$2.25 conv preferred
♦110%
,
15%
7%
*7%
*15%
15Va
*15%
6%
13
13
6%
6%
7%
42%
42%
42%
14%
14%
14%
'11%
11V.
6%
7
22
*21
6%
12%
13
42%
43
*42
43
6%
6%
13
7%
67/a
7
.
13
22%
7%
15%
*15%
6 %
6%
6%
13
*21%
7%
7*8
15%
*15%
6%
13
112
*111
22
7 3/i
♦7%
*153/4
.
73/4
112%
22
22
73/4
157/a
6%
13
112%
112
*21
22
*21
8Va
7
46% Feb
Nov
106 %•
110%
46%
12
Mfg Corp
105%
1U9
'
13%
10
53/4
105%
109%
1.200
46
28
Conv prior pref
105%
103
"
58%
133/4
Feb
,
110
170
100 %
58%
59 %
46
7% Jan
<
-
103
59
100
convertible preferred
4%
105 7/a
111
1
A—100
common
Atlas Tack Corp
Austin Nichols common
3
109%
?
59
300
13%
373/4 Jan' 4
Jan
Jun
t
16
series
107
.
.
46
14% Jan
Jan
Jun
*105
25
__
Powder
*58%
100
common
common—
Preferred $3.75 series B
-
58 %
110%' 1107/a
100
_
preferred
non-cum
110
34%
53%
10
W I SS Lines
&
5%
Atlantic
Feb
16
*100
10
Inc—
Feb
3
Co
preferred—
non-cum
T F
Sep
12
-
Investment
15
25
100
107
100
Jan
101 %
107
Atlas
6 % Jan
107 %
107%
3
12 Va Jan
107 Va
*106
55% Feb
15
107%
1073/4
16
Dec
7,600
107%
52% Jan
Jan
15 %
15%
Jan
8
400
15'/a
15'A
58
17% Mar
10 Yb
15%
100
100
580
153/4
15%
preferred
2nd preferred
220
114%
15%
1st
3,200
113%
15%
■
600
52%
102
'10
15%
*15 3/4
81
*15%
15%
Jun
Jun
114%
15%
42
Nov
113%
15 Va
Atlas Corp.
4%
113%
10%
1
14,000
102
15%
7
13%
113%
113
10 Va
25% Feb
10%
102 %
15%
5
Feb
113
113
52%
*101%
10%
27
83/8 Mar
*112
52%
102
52
101
16
19
25
113
*52%
52
101%
52
52
109%
*15%
223/a Jan
2
52%
100%
*79 Va
*10%
993/4 Jan
24
*112
No par
52%
100 %
81
79%
1334
24% Aug
25
52%
79
79
10%
Jun
Feb
78 %
*15%
Jan
Jan
73%
*10%
93%
63/4 Jan
78%
16
20
4%
78%
9%
10%
102y4 Mar 11
Feb
17,700
78%
9 Va
10%
A
Mar 23
1123/4
9%
9%
9%
16
Mar 24
102
490
9
78 %
Atlantic Coast Line RR______No par
45% Mar 24
Jun
97 %
9%
Atch Topeka & Santa Fe com—100
6
90
13
363/4 Jan
33 3a
97
10%
7%
47% Mar 24
28
Jan
Dec
32%
99
9%
Carpet Co Inc
Associates
2
143a Feb
33%
97
*15%
106% Mar 21
10 ya
32%
33%
98%
*10 Vb
6%
11134 Mar 16
59% Mar
33%
93/8
100 %
Shares
,
32 %
98
9%
100%
tper share
the Week
■
33
93%
*52
share
Sales for
Mar. 21
S per share
98%
32%
*98
9%
No par
Friday
Mar. 23
5
7
87
33 Va
98%
S per
No par
Associated Dry Goods common
1
30
30%
33
93
Thursday
Mar. 22
$ per share
99
No par
Arnold Constable Corp
4
S per share
PRICES
Wednesday
No par
$3.75 preferred
$4 convertible preferred
SALE
HIGH
5
com
Armstrong Cork Co com
17
Feb
Feb
106
of
Co
93/4 Jan
11%
97 y2
&
AND
Tuesday
33 Va
32%
*98
Monday, March 27, 1950
Mar .21
Mar. 20
f per share
10
100
preferred
$6 conv prior preferred
52V2 Mar 23
51%
7% July
LOW
Monday
Mar. 18
Corp common
convertible
Armour
Mar 23
101%
13% Mar
105%
CHRONICLE
RECORD
Saturday
Par
4
3
7% Jan
jan
33% Mar
Jan
Jun
38% Jun
STOCK
STOCK
I per share
share
19%
Jun
YORK
EXCHANGE
Lowest
Highest
77
49%
NEW YORK
Range Since Jan. 1
Highest
Year 1949
Sper share
FINANCIAL
STOCKS
Range for Previous
Lowest
&
13%
20
100
%
8
700
15%
100
6 3/4
2,300
13%
6%
13
3,600
6%
7 Va
6%
6%
42%
42 3/4
42%
42%
14%
*14%
14%
10%
14%
11%
14%
H%
11%
10
10%
11%
11%
11 %
11%
•;
36,900
'
1,000
B
xl3
8%
Jun
12%
Jan
7%
Jun
11%
Jan
9% Jan
3
14%
Jan
18% Feb
14
17% Feb
3
Jun
22 %
14%
Jun
25
Jan
60%
Jun
72
July
38
Jun
53
15
Sep
21%
Mar 24
22 % Mar
43
Feb
15
48% Jan
4
Barber
Oil
Jan
16% Jan
3
20% Feb
8
Barker
Brothers
Mar
36% Jan
46% Feb
23
Oct
14% Jan
3
11%
Jun
17%
Jan
,
16
Dec
15%
11% Mar 21
33%
Nov
Feb
12%
Nov
69
Bath Iron Works Corp
9
Bayuk Cigars
preferred
Jan
85% Feb
3
7% Feb
7
12
Jun
7
Mar
11%
Jun
16
Feb
10%
Feb
Jun
Oct
17
Mar
26
Jun
12% Feb
Feb
93
3T% Dec
No par
Inc/
Apr
11
Feb
11%
,11%
Jan
32%
32%
32%
32%
'22%
32%
32%
32%
13%
13%
14Va
14%
14%.
13%
13%
14
*13%
13%
13%
*13%
Bell Aircraft
Feb
24
Bell
Jan
3
43% Mar.
Corp—'
& Howell Co
4%%
.
7
24% Mar 24
28
10%
26
*87%
89
5
Mar
Best
Foods-
7%
34%
34%
142%
142Va
142%
142%
3,100
12%
2,500
NEW YORK
LOW
STOCK
Saturday
EXCHANGE
21
Aug
27
Jan
23% Jan
25
27
Jan
5
Bohn
60
Jan
Aluminum
Aug
64
Jan
52% Feb
21
Aug
32%
Jan
18% Feb
18
x24% Jan
12
Nov
19 % July
13% Mar-23
16% Jan
<9
51 % Feb
20
Borden Co
7% Feb
9%
32
Jun
39
Dec
12%
Dec
40
Dec
Jun
13 % Jun
Jun
Apr
54%
55
20%
20%
203/4
990
13%
14
133/4
13%
6,900
(The)
51%
51%
513/a
6,300
593/4
6,700
5
2
-
7%
Budd
Oct
74 V2 Jan
3
78% Mar 17
34% Jan
4
17% Jan
13
39% Jan 24
20 Va Mar 24
36
31% Feb
21
36% Jan
,
Jan
19% Dec
17% Mar 24
Dec
82% Jan
16% Jan
13% Jan
3
Jun
9
May
x97% Jun
122
Dec
11% Dec
82
Feb
4% Mar
24% Jan
105
120
,
4
Jan
9V2 Jan 13
69% Mar. 7
3% Jan 13
20% Mar 24
102% Feb
10
26% Jan
22% Feb
3
30
Feb
36% Dec
34% Feb
52
May
58
Apr
53
1
Jun
2
Oct
3% Jun
5
Jun
9% Jan
12% Feb
109 'A Mar
41
May
16% Jan
21
Oct
10% Jun
l53/4 Dec
For footnotes
see
,
Mar
89
Jan
90
*
9% Jan
11% Jan
,77
.
Feb
4% Feb
50 3/4
51
60%
99
99
2 %
2
36%
*36
36%
4%
*8%
8%
8
:
2
5
5
55
8
Feb
28
19% Mar 22
10 % Jan
3
101
Jan
4
40
Jan
5
5%
153/4 Feb
2%
2%
36%
36%
36%
36 3 8
400
8%
2,800
8%
8%
29
8%
83/8
7%
8%
8 Va
8%
32%
32 %
32%
32%
323/4
32
323/s
23 3/8
283/a
28 Vtt
28%
28 V4
28%
23%
25
7%
8
40%
40%
40%
40 %
133/4
13%
13%
13%
38
*37%
•
102%-
-
*23%
18%'
23%
18%
*123
*78%
80%
38
19%
t
.
18%
*123
124
14%
80
*78%
80
19
*37 %
■*
"
19%
18%
38 34
37%
37%
19%
19
19 3 8
19%
34%
343/a
-
19%
34%
35
*34%
34%
18%
*37%
1,800
18%
9,300
...
14%
*78
80
38%
-
*37%
19%
19%
20
34%
34
18%
19
18
:
19
*98
98%
♦98
99
98%
98%
97%
98
*80
84%
*80%
83
♦80%
83
81
81%
*88
92
91- "
•*88
92
*88
-
14%
92 >
»
14%
14%
'*•'
9 y8
9
,
9
-120%
*
120%
9
19%
-
143/a
14%
14%
9
9
121
121%
*88
91
9
♦120
.
18
98
900
98
81
10%
10%.
74
k
•
'
10%
10%
10%
10%'
74
74%
73
73%
>•
'
14%
14%
14
*
.
9
8%
120
120
*118%
•
l03/a
.-
73
.
...
6,Ioo
14%
9 Va
,
120
10%
10%
10%
10%
f
*73%
74%
74
74
4%
4%
4%
4%
21%
20%
20%
•104%
105%
*104%
105%
*104%
105%
104V'o
104%
23 y4
23%
*23%
23 %
23%
23%
233/i
23%
39%
39%
40
53%
*53
4%
4%
43/a
2,600
'i: 160
4-%
73
105J/4
4%
7,700
-
450
.
2,400
*'
,No par
-
39%
>
*53
1
1%
5
39%
53V2
1%
44
21
21
*53
1%
1%
4
4
21
1%
4
19%
21
v
40%
53%,
1%
4
20
21
213/,
40
40%
*53
53 %
1%
4
19%
1%
4%
19%
20%
20%
19%
liy8
104
. 43
18%
11%
103ya
43
11%
103y»
43
11%
103
11%
11 Va
11%
103 Va
103%
103%
*42%
43%
No par
11%
104
*42%
*18%
*18%
18%
*18%
25
14%
143/4
I4y2
143%
-
,.
.
20
183/4
i4ya .143/4
42
42
80
200
92
10%
-
23 Va : 23 Ya
4%
24,300
>
'
8%
122,'
17 %
*76
4,100
V$
4
'
"♦88
300
34
\
74
80
-
'
■
.
48,300
383/4
19%
<■
121
800
'
134
14%
'i
99
38 %
34
"
*104%
Canadian Breweries Ltd
Canadian Pacific Ry__
13%
123
■
.14%
participating preferred—100
par
*37%
23%
21%
;50
5,500
102 %
21%
;
5,600
13%
*23
No par
preferred—
10
42%
13 %
*101
14%
'*78%
700
12,000
»•-
41%
23%
18%
18%
10,600
..
233/4
102%
23 Va
124 A
143/a
5.000
-
102%
84%'
-
141/3 * 14%*
*9
80%
37%
19%
'•
18%
14%
♦102
38V4
♦101
23%
23%
102%
*37%
38
102%
23%
24
33/8
'
34%
18%
13%
*123
13%
8%
41
13%
37%
18%
124
14%
*78%
*38% 1 38V2
19%
! 34%
18%
*123
-
40 %
135/a
*101
233i
14%
80
-
123
40 Va
24
101%
38%
102 %
23%
18%
123
14 V4
33
*101
24
18%
124
14Va
38%
102%
•101
24
23%
*101%
13%
13%
24%
101%
40
405b
13%
120%
310
31%
41/3
common
1,400
29
29
*28%
24%
: *77
29
*4%
(A M)
8%
310
31%
102%
.
2S
29%
5
Canada Dry Ginger Ale com-1.66%
$4.25 conv preferred
No pat
Canada Southern Ry Co
100
1
18
2%
28%
40%
100
Hecla Cons
Copper
Campbell W & C Foundry.—No
oL
page 20.
preferred
8%
24 Va
1
^
143/a Jan
2%
99
31%
*101%
1
Callahan Zinc-Lead
Calumet &
6
*98%
28%
25%
preferred—100
/«,
15'
Copper & Zinc
8%
8%
29%
102 %
5
California Packing common_-_No
paf
26
l^VaFeb 24
18 % Mar 14
13
1
Byron Jackson Co
iI8Tanl2
43/4 Jan
7
22% Feb
common
2nd preferred
,
24%
No par
:
8%
*29%
•101%
*88
Byers Co
40% Mar 21
Jan
4
1
8%
*29
8%
*98
*.7%
59%
99 %
36%
*36
102%
*80
-4 Va%
59%
313/s
24%
100
Butte
59 %
*98 %
2 Va
2 Va
36
*101%
.'—100
—
Bush Term Bldg 7%
Butler Bros common
24% Jan : 5
JL05% Jan 24
24
Jan 14
Jan
-
Bush Terminal
24
51 Va
1,000
590
29
31%
3%% preferred.
100
Burroughs Adding, Machine—No par
23
99
2%
36
29%
8%
2 9 3/4
*28%
L.—100
conv
593/4
233/4
S
*29
—No par
4
preferred
r'3%%,
2%
'
51%
59
99
51%
59
2%
50%
59 %
99
51
*98
*36
_-__i___'_No par
5
1% Feb
(
$5 preferred
9
123% Mar
.,.
!
common.
Burlington Mills Cor.p
2
9
14%
♦2
5
Bulova Watch Co Inc.._j.
Mar 27
Jan; 9
15
12
Dec
®/4 Jan
223/4 Jan
100 :
,
8% Feb 17
.
11
:
—4
Co
Buffalo Forge Co_4
Halliard Co
20% Jan 10
.
18
Jun
.
preferred
(The)
20%
13%
59 ya
Bucyrus Erie Co common
Feb
55
20%
23%
'
_
14% Mar 22 '
54%
14%
59%
27
124
,
55
20%
14
99
20 Va Jan
3
54%
20%
14%
51%
59%
*98
3
Mar 20
55%
20%
14
14%
50%
15
(assented)..100
54%
20%
14
18 Va Jan
Apr
Sep
35% Jun
55
203/8
55%
€0%
20%
38
13%
98
54%
*55
1
*101
Mar 23
16%
23%
15
Jan
20% Jun
23%
common.
94
Jun
23 J/4
.No par
$3.60 preferred.4
:
Brunswick-Ealke-Collender— .No par
81
17
233/4
Brown Shoe Co Inc
Dec
98% Jun
23%
3
Nov
Feb
*23%
11
84
Jun
24
40
91
3
24
1
95
60
24
;—
73
eYt Jun
*23%
Bigelow,
77
May
70% .Jun
7
900
9,700
24
76
12 % Feb
13%
15%
27%
Brown
35% Dec
18 % Dec
61% July
26% Jun
29%
15%
27%
7
12% Jan
6,500
1534
Mar
123
12%
28
Jan
Sep
12%
15%
25% Feb
lA Dec
14%
13
27%
103% Jan
13
14%
12%
16
16
125
14%
13 Va
283/b
13
Feb
14%
13
15%
Feb
Jun
14%
13%
27%
14
2
14%
13%
15%
42 Va Mar 24
36% Mar
143/4
13%
273/4
13
100
14%
13%
15%
22% Jan
24
1,300
3,600
143/4
13%
Shares
27%
Dec
102% Dec
28
16
19% Dec
29y4 Mar
27%
27%
.No par
Roller
&
28%
27%
13
36
,
28%
*15%
Jan
6
18
28%
28%
15
16
11% Jan
29% Jan
28%
28
27
Briggs Manufacturing Corp. .No par
.No par
Briggs & Stratton.t
j,
2.50
Bristol-Myers Co common—
33/4% preferred
.No par
Brooklyn Union Gas__—»
7
105% Jan
Jan
7%
32% Mar 23
29% Jan
23 % Mar 24
Jan
120
9
13
14
101 % Mar 22
18%
Jan
9% Jan
Jan
28
28%
t per share
26%
5
Bearing Co___
Eraniff Airways Inc
—15
Brewing Corp. of America
.No par
Bridgeport Brass Co
3
Dec
Jan
15 %
18
32% Mar
Jan
33
Oct
98
95
9% Feb
Jan *21
Bower
Sales for
the Week
*28
t per share
*15%
....
Boston & Maine RR
9
27% Feb
Jan
257/a
9
38% Jan
7% Mar 10
29% Nov
11
Friday
Mar. 24
Mar. 23
S per share
5
Brass
Borg-Warner Corp common.
3% % pieferred
9
2% Jan
14
Apr
Jun
Jan
Thursday
Mar. 22
2.50
Bon Ami Co class A
60% Mar 17
PRICES
Wednesday
___5
&
_
SALE
15
13 Va
Bond Stores Inc
Class B
HIGH
8 per share
I per share
28%
.
*14%
(E W) Co—*
Bliss & Laughlin Inc
10
*28
AND
Tuesday
Mar. 21
Mar. SO
I per share
.No par
.No par
___2
Boeing Airplane Co
Mar 13
Monday
Mar. 18
Par
6
28
600
25
16
Jan
V
12%
29% Mar
8% Mar
4,000
52,000
,
24%
4
24
35
144
26%
3
x34% Feb
34%
*142
12%
13% Jan
Dec
34V2
34
35%
142%
1,4
12%
22% Jan
30
v8
142%
25
Dec
1% Jan
34%
1,000
12%
25% Mar
Jan
34%*
'14,500
r
27%
27
34%>, 34%
142%
34%'
100
•
26%
15
2V2
34%
34V2
142%
27%
200
'
1%
12%
Jun
1% Mar
34%
-
27
1%
26%
Jun
100
35
34%
143V4
1%
12%
9%
9
35
r
1%
27V4
27
27
1%
26%
17%
Jun
27
35
1%
1%
3,400
12%
Bliss
3
111
34%
t per share
15
*110
*109%
26%
5
Feb
111
*
12%
14% Jan
55
110
26%
28
48% Jan
110
4,700
'
12%
12% Feb
97% Jan
89
26%
Dec
Dec
89
12"%
14%
Dec
89
*87
26%
Jun
Dec
89
12%
8%
98%
89
•
*26%
Black & Decker Mfg Co
51
89
-
No par
Blaw-Knox Co
59%
26
1%
STOCKS
Apr
10%
25%
'".12,100
42%
10V4
25%
No par
Range Since Jan. 1
Highest
91% May
41%
10%
Birmingham Electric Co
Lowest
$ per share
42%
10%
25%
Bigelow-Sanford Carpet
3
6%
34%
-200
1,100
V
9
4
20 Va
35V4
35
42
10%
26!
*142%
>
'600
.—
10%
.
10
2,100
v-•-
13%
25%
1%
27%
"
3
13% Mar
15% Mar
21%
1%
;
2,900
■
}•'
13%
10%
111%
42
k<
87
26
*ilO
111%
1%
27%
42
13%
*85Va
10%
*87
*110y2
*27
42%
-•
.
25%
..100
preferred
29% Feb
47%
*27
41%
'
111%
l% y
No par
42%
42
90
*109
1
(Del) com
42%
*88%
1
_
Bethlehem Steel
2
Jan
$3.25 ser of 1946.No par
div ser of 1948_No par
4
105 y2
42%
*13%
87
10%
13
Jan
14
'*85%
25%
14 Va Jan
Jun
13%
87
10V8
26% Jan
6%
14
*85%
25%
Jan
25%
*13%
87
lOV'a *
Nov
38
13%
*85%
25%
5
;•
13%
*13%
Beneficial Indus Loan common—10
•
*13%
13%
87
Bendix Home Appliances.—__33%c
15 Yb
Jun
14
Bendix Aviation...,
35V» Mar 23
3
13%
*85%
4
36% Jan
144
*13%
'
,
87
4
30%
26
*85
17
Jun
42 y2
13% ' 137/a
13%
13%
1
100
.
Jun
.38% Mar
*14
_10
common
preferred
10%
'
...
14ya
:10
1
22%
18
84
32%
13
share
*82%
14
Eeech-Nut Packing Co—1—
Belding-Heminway,
Range for Previous
S per
84
700
.,
32Va
21
Highest
*82%
60
,.21
14%
30% Jan
Year 1949
21
32%
90
3
9% Jan
21%
32%
5
24
87
>
2,400
4,900
8%
139% Jan
31% Mar
*21.
15%
31%
Best & Co
11% Mar
'
'f5
33%
8Va
12
Oct
84
*82%
3,100
103
15%
31%
29% Jan
Jun
21%
32%
*102
16
8%
Benguet Consol Mining Co—18 pesos
22%
'*20%
84
33%
103
15%
7,500
>4,000
32%
11
32% Mar
16V8
:
.
'
8%
2Vb Jan
Dec
*82%
33%
103
16%
21%
21%
-
33%
102
102
16%
11%
*31%
4
Dec
23
33%
33%
103
11%
,
8%
Cum pfd
33% Jan
*102
16%
•
18
32%
Cum pfd $4
Jun
,
38
8%
20
Jun
17
11%
150
-1,300
51%'.
17%
t
900
-
-
51
.
'
*31%
23
23%
33%
103%
-
*37%
18
8%
Feb
129 y2
11%
38
52%
18
11%
32%
112% Feb
26 % Jan
11%
*57%
51%
1-
18%
11%
8%
12
27% Oct
11%;
38
*31%
12
Feb
18
•<
8%
32%
Jan
23%
18%
•
8%
106% Jan
>
51%
50%
18%,
*31%
11% Mar
1% Jan
18%':
18%
10,000
•
1,700
8%
26% Feb
86
18%
50%
11%,
84%.
*83
45%
32%
6
2% July
13%
84%
44%
*8%
4
Dec
50
*83
22%
46
*44%
*31%
15
.
13
1%
36
23
45%
18%
1
Dec
141
*22%
'•
64%,,,...
'17%
33%
*102
16%
17% - 17%
18%'
64%
Beech Aircraft Corp_
9% Jan
Dec
*33
102%
*100
j
14% Feb 28
,
k
85
33V4 * 33%
convertible preferred
100
__—-2.50
21V4.
18%
Beech Creek RR———.*—50
25% Jan
27% NOV
73%
'
11%
"
38
20%
18%
64-%,-
9
15% Jan
10
34% Jan
Jan
6%
21%
$ per share
17%
21%
18%
64%
6
34% Jan
t
1
-
Feb
*37%
51%..,..
21%
18%
65
9% Jan
3
12% Jan ; 4
x85
19%
21%
32% Feb
.
Mar 14
13% Jan
16%-Jun
11 y.
85
31
*18%
17%
Beatrice Foods Co common-.___12.50
2
19%
50%
,17,200
*37%
50%
45%
18%
$1,25 div conv preferred—No par
Beck Shoe (A S) 4%% pfd
.100
74
45%
50%
:
1.800
34,600
'
20%
"18%
*64%
18%'
65%
17%
30
29% Jan
-
,
45
18%
18%
64%
38% V
*38
38%
18%
50%
23% Jan
Feb
109%
*38
5
-
20% Jan
30%
•
50
"
67%
45%
1
I—
Beaunit Mills Inc.:
Jan
Lowest
:
Co
26
10 V«
9
19%
21% Jan
32%
May
19%
3
Jun
25
19%
9
Jun
Jan
10
common
15% Mar 24
6%
93
45%
98
6
21
45
Barnsdall Oil
.3%%
20%
*44%
29% Jan
21% Dec
86 % Nov
Mar
Corp
6
7
21%
14%
18%
*65%
18%
67%
3
2
21
21%
"18%
26
34 % Mar
11 %
*65%
Jan
103 % Mar
11%
11 Va
50
13% Jan
,
11%
11%
21%
100
Jan
Feb
11%
11
100
10
20% Mar
4%%
11%
11%
common
57% Feb
39
,
14%
preferred—'
(Delaware'
5%
Dec
20 %
27%,
•
Convertible
Dec
101
Oct
16%
AroostOJk
Dec
41
26%
preferred
non-cum
5
56%
87 %
4%
Bangor &
Jan
Feb
Jun
.
23
72
14%
11%
11%
-
14%
11%
1
Inc
64 y4 Mar 23
9%
36
39% Mar
3
22% Jan
(B T)
21
39%
40
*53
1%
4
19%
11
103%
42
53%
'
1%
4%
193/4
11 %
*104
1,900
105
23%
39%
39%
10
23%
*53
1%
4
19%
ioyB
1,400
3,800
-
53%
5,166
1%
4 Va
19%
11
4,200
2,800
,
10,900
'
103%
42
*104
105
42
42
*18%
19
*18%
19
*18%
14 %
15
14%
15
14%
230
-
210
19
14%
37,400
Volume 171
Number 4893
THE
COMMERCIAL
NEW
Range for Previons
40'A
Range Since Jan. 1
Highest
Sper share
Lowest
$ per share
Jan
51
Dec
S per share
Jan
48
NEW
Highest
YORK
3
50% Feb
1
Cannon
16%
Dec
153A Jan
lg
17% Jan
9
Capital Admin
Nov
55
Feb
23
56% Jan
9
9%
Oct
8 ye Jan
13
Feb
Jun
26%
108
'
Jan
Feb
33
Dec
Jan
12
13
102
Feb
Mills
No par
class
preferred
A
Capital
26
Carolina
Clinch
&
Ohio
Carolina
Power
&
Airlines
Inc
Jun
35%
Jan
33% Jan
31
12%
Jun
Carpenter Steel
18%
Dec
17
Mar 22
19% Jan
16
37%
Sep
36
Jan
38
Jan
14
Carrier Corp common
Conv preferred 4%
8%
Nov
x77/8 Mar 13
83/8 Peb
2
48 3% Jan
24
6
Feb
30
Jun
131
Jan
26%
45%
Nov
37%
100% Aug
23%
Nov
146
Jun
104%
-
Dec
34%
Apr
<
Dec
Dec
3
6
38% Jan
140
»
13
Jan
32'% Jan
X104V8 Jan
18
106
29% Mar 21
Apr
105%
Dec
104 y8 Jan
3
X114
Jun
132%
Dec
130% Jan
13
13%
Mar
140
Preferred
10
1073A Jan
Co
Celanese
25
7%
Ry
11%
11%
*104%
Corp
*32%
Jan
110% Feb
112%
Dec
8
Oct
11%
Oct
9'A Jan
25
11% Mar 21
12
Dec
14%
Oct
12% Jan
26
14% Jan
10%
Jun
9%
14%
Feb
Dec
Oct
13%
14% Jan
12% Jan
6% July
8%
Dec
14% July
21 %
Jan
9%
113
9
13
3
*105
106
*105%
136
136
136%
19
19
16 %
Dec
15
Jan
31%
Nov
28
31%
Dec
30% Jan
98%
Dec
98
9%
Dec
91
Jun
*
3
35
Feb
104
;
Central
6
28 %
Jan
24
Jan
4
27
Nov
34%
Jan
28
Feb
15
30% Jan
77
Nov
85
Feb
80
Feb
15
4
% Feb
15
Jun
8
Jun
Feb
9
7
%
5%
12
$4.50
12% Jan
13
1434 Feb
13
13'A
Dec
11% Jan
Jun
20%
Nov
19% Jan.
10
Jan
5%
73A Jan
Jan
28% Feb
5
18
5 % Feb
9'A
*
Jun
8%
34%
Dec
28
Mar 10
35% Feb
15
Jan
11.
Jan
153A Feb
20
Jan
7% Jan
.
13
8% Feb
3
24
Dec
Jan
273A Jan
3
21%
Jun
29% Mar
26% Jan
25
49%
Jun
55 %
53% Jan
17
36%
Dec
3
.
30 Va Mar
5%
4
135%
19%
19%
19%
19%
19%
17%
17/b
17 Va
17%
17%
*17%
17'A
500
17%
17%
173/8
17 %
17%
17%
17%
173/4
17%
10%
10%
17%
10%
10 3A
3,500
103/s
10%
10%
10%
10 3A
10%
10%
10%
7,800
25%
Jun
41%
Dec
39 3A Jan
13
46% Feb
56%
Jun
82
Dec
79
Jan
14
88% Mar 17
10
May
13%
Nov
12
Jan
30
3
13% Jan
*4
16
4%
4%
4%
16%
*16%
163/a
16%
16%
15%
10%
.
10%
10%
10%
10%
10/s
Paul
$ per share
Jun
2%
% per share
&
16%
Jan
133A Jan
J an
3 % Feb
14
38%
383/8
37%
373/4
373A
111%
111%
*111%
112%
*111 %
10
10%
10%
11%
10%
11 Va
10%
10 3A
10 3A
12%
12%
10%
13
133/4
13%
143/b
14 Va
14%
133/j
133/4
13%
13%
453A Jan
3
30%
Dec
36
Jan
44%
Jun
68%
Dec
303/4 Jan
62% Jan
5
13
68% Jan
5
26 %
Apr
323/a
Sep
30
Jan
4
34% Feb
24
55% Mar 21
34
% Mar 16
97%
x20
Jan
105 %
Sep
103 % Jan
1
4
Feb
29 %
Dec
26
Jan
Pac
Jan
59 3A
Dec
58
Jan
33
6%
Feb
8 3/4
Dec
79%
Jun
Jan
25
86
29
Dec
Jan
82
31% Jan
Jun
193/b
Oct
16% Feb
16
Jun
30%
Jan
24
67
Nov
88
13
16
343A
6
8% Jan
3
20%
Feb
4%
16%
15%
16
15%
15%
153/4
157/B
17%
17%
17%
17%
17%
173A
17%
19%
7V4
73A
*7%
19%
19%
19%
19%
19
19
18%
19
18 3/4
19
17 Va
18%
17%
187A
17%
177/a
3,200
17%
173/4
1"i 72
17%
l/°/8
113/4
17'/a
173/4
10,600
;
29
*28%
28%
34
*33%
101%
*8 Va
333/4
102%
8%
101 Va
!
*28 %
30
28%
34
7%
29
28
28
34
28
Mar 15
10
Claik
C
Mar
85
43%
Dec
43% Jan
3
Oct
112%
Jun
109 Vb Jan
17
Jun
28'%
Dec
108
20%
105
Jan
3
Cleve Elec
4
9
29%
29%
29%
29%
84%
84%
84 3A
84%
5 3A
5%
5%
5%
6
6
11%
11%
11%
11%
"113/8
11%
12
12
123/8
14%
'
143/a
14%
14%
14
17%
177/s
*17%
27%
27%
27
27%
263A
9
9
*4%
9
4%
9
*4%
4%
Jan
4
43
123/b Jan
3
14% Feb
323% Jan
Jan
24%
Jun
35%
Dec
101%
Dec
105 %
Dec
101
4
3% July
5%
Jan
Jun
30%
Feb
July
21%
133
141%
Sep
82%
Jan
70%
Nov
xl 24%
Jun
172
Sep
54
Nov
64
July
1075
Jan
1075
77% Jan
5
Feb
25
158
81% Mar
165
Jan
1,400
77/e
14,200
14 Ve
14%
14%
143/4
5,300
14%
14%
14%
15
14%
15%
7%
4%
3
143/B
143/4
303/8
30%
31
8,000
30%
31%
31%
31%
32
32%.
32
32
*28%
29
283/4
7,300
283/4
28 3^
23%
285%
28%
54%
54%
54%
54%
*54%
55/2
*54%
28%
55 Va
28%
54%
54 %
44%
54%
44%
400
43%
443A
43%
433/4
43/4
44
44 Va
44%
43%
38
441/4
88
88
88
87
4,800
87
87
87%
87%
877A
873A
873/4
2,300
*13
13%
No par
A
—100
No par
*12Ve
13%
*13
13%
*13
.
Jan
29%
Feb
89
Jan
xl3%
Feb
43%
100
53% Jan
gtd
4%
21
55
Mar
3
Class
A
46%
42% Jan
Dec
3
97% Mar 22
17% Jan
163A Jan
Mar~16
Jan
34
33%
34
333/4
19%
18%
19
183/b
1%
gtd
Corp
9%
Jun
Dec
113A Feb
14
7%
Feb
13%
Oct
12% Jan
4
48% Mar
68%
Sep
61
Jun
32%
Oct
30% Feb
15
Jun
22%
20 Ve Jan
4
13
Sep
Dec
243A Feb
17
27% Jan
Dec
57% Jan
16
64% Feb
95
Jan
107%
Dec
Jan
19
112/8 Feb
6
Mar 22
21'% Jan
3
105
Jun
20%
Dec
16
25%
Jan
30%
Dec
29% Jan
7%
Jun
10% Aug
10
■.
54%
54%
27% Jan
3
8
109% Mar 18
123/a Mar 23
14%. Jan
10
8
Feb
11%
Sep
11% Jan
5
123/4 Jan
28
38%
Jun
46% Mar
423/4 Jan
3
473A Feb
Feb
21%
Jan
16% Jan
13
19% Jan
30
3
12'A: Jan
9
8
12
Feb
6
12% Mar
11
Dec
10%
29% July
.
Jan
9% Mar
10 % Jan
May
Jan
Dec-
110% Jan
9
110%
Dec
1083A Mar 24
36
13
113%
36
33
28
Jan
4
Apr
27%
Jun
93
Jun
Dec
103
17'%
38% Jan
3
Nov
41%
101% Jan
11
Dec
17
Jan
95ViJan
9
«
^
45% Mar 16
106
Mar 15
193/b Jan
3
24
Jan
39% Feb
17
Jan
7
&
17%
17%
17%
17%
I,200
1,490
26 Va
27
26
26%
1,440
25%
25%
25%
253A
253/4
480
System
15%
16%
15%
153/4
15%
*25
16
15%
2.50
So
31%
31%
323/8
32%
32%
32%
333/4
33 Va
34%
34
35%
15,400
31%
32
32%
32
32%
32%
33%
33%
34
34
35%
8,200
Inc—No par
133/a
13%
13%
13%
133/8
*62%
64%
*62%
*313/B
31%
31%
21 %
5
No par
22
26%
26%
26
13
61%
62
62%
107%
108
108%
Solvents
Inc—
Cigar
62%
31%
31%
22%
217/a
22
*62%
26%
110%
No par
Edison
13%
313%
63
27%
27 Va
26%
200
27
II,600
62%
62 3A
62 Va
61%
62%
109%
108 7A
109 Va
1073/a
108 Va
35,100
24,460
27
16%
16%
16
16%
16%
16%
16%
16%
12,100
32%
32%
32%
32%
32%
32%
32%
32 Va
11,000
10
10
10
10
10
10
10
10
*28%
283/4
28%
28%
28%
283A
28%
28 Va
28%
28 3A
28%
28%
30%
303/4
30%
30%
30%
30%
29 7A
30%
29
29%
*291/4
293A
1,900
33A
3%
3%
3%
33A
3%
3%
33A
3%
5,400
51,100
3%'
33/8
2,400
1,800
31%
313/4
31%
313/4
31%
31%
31%
313A
31%
313A
1093/8
109%
109%
109%
109%
1083A
*108%
109V4
1083A
108 V4
1,900
12%
12%
12%
12%
12%
Xl2%
12%
12 3A
123/a
*123A
12%
1,000
.5
*11%
11%
11%
*11%
11%
11%
11%
11%
IIV4
*11
11%
45%
453A
45%
46%
45%
45 Va
45
45%
6,400
18%
18%
18%
18%
183A
18%
18 Va
4,600
11%
113A
11%
*11%
11%
11%
11 Va
10 3A
10
10%
-
10
*9%
13%
127A
.
15
453A
453A
45%
11%
453A
100
*17%
17%
17%
17%
1
*11%
-
13%
133A
353/4
13%
35%
111%
111%
109%
109%
44%
*105%
44%
106
*105%
18%
183A
*183/4
Insurance
5,900
327A
111%
Diamond
22%
10%
111%
Continental
22
1093A
*12%
Inc
10c
$4.52 preferredNo par
Container Corp of America com—20
4% preferred
j
100
Continental
22%
17%
Consumers Power Co com—No par
$4.50 preferred—
-—No par
9
8,700
22 Vb
5,400
10%
10%
11
33 Va
32%
103/4
9% .Jan
33%
167/e
11%
78 3A Jan
33%
17%
10%
7
313A
-
10
11%
Continental Baking Co coml_No
Inc
75,400
13%
61
323/4
10%
Can
13V2
12 7A
61
32%
11%
par
—No par
common.,
20
$3.75 preferred—
133/a
13%
17%
13%
Continental
62%
109
13%
10
10
preferred
263A
62 3A
109%
■
63
123/4
*61
1.33%
pfd,
Stores
26%
62%
109%
1
Retail
133A
13%
12%
62%
13%
,
26%
10
—100
common
13%
133%
64
22
22%
Co
13
/13%
31
31%
22%
13%
64%
No par
Elec
*13
No par
w
w
Co
Ohio
Credit
31%
*31%
common—No par
preferred
8 3% Feb
130
17%
27
58% Mar 21
page 20.
991/4
*17%
26 3A
3
see
46%
991/4
17%
25
13
For footnotes
45%
99
26%
35 JA Jan
Dec
46%
98%
25
102% Feb
Dec
40
98
+
26%
Dec
9%
46%
97%
46%
24%
Dec
78%
3,600
*1220
46%
99%
24%
*24
37 3A
Feb
1,450
24%
preferred—100
102 3A
Jun
900
1,500
541/2
7,000
Jun
6'A
80
158V4
2,400
Jun
56%
54Vb
139
253A
preferred
Consolidated
'
*1240
—
791/2
158
16%
30%
103
543/8
54'A
*137
26%
95
1
1593/4
2,000
5,500
263/4
26
Consolidated Textile Co Inc'
$5.50
54%
80%
159
420
4
223A
26
100
16%
17%
11%
24
139
*80
161
4
22%
8,000
5,900
15%
Jan
100
*137
80%
23
13%
36
107%
25
Jan
,
4%
22%
139
13%
35%
107%
130
16%
13%
Dec
133/a
36 %
108%
4
4%
233/8
20
71%
423A
153A
85
x98
*1240
—
13%
36
1073/4
71
*41
17
'
105%
54
543/b
71%
16
Consolidated Vultee Aircraft-.
Mar 16
112%.Jan
111
*793A
*159
13%
36%
108%
330
2,300
108
42 Va
71%
*41
5,600
28
253/4
Consol RR of Cuba 6%
"
Apr
*137
80%
161
703A
42%
*106%
46
1103A
16%
Consolidated Natural Gas
14% Fez 28
25
139
107
28
25%
Consolidated Grocers Corp
Consolidated Laundries Corp
6
11%
4
23%
23%
107
108
45%
110%
163/4
3%
107% Feb
4%
•
28
25%
Consolidated Coppermines Corp
5
Consol Edison of N Y com—No par
$5 preferred—'
No par
Oct
17%
13
36
108%
46%
111
28
700
75
16%
6
Jan
13%
36%
108%
453/a
*110
28%
25
170
*69%
253/a
16
Jan
14%
45%
*98
*41
46
110%
25
*120
163A
100
4
29 3%
25 %
1,700
25%
Ry com
32
Apr
*1240
„
17%
15
Jun
*1240
17%
No par
11
25
25%
1,700
18 7A
24%
Carbon
Commercial
Mar 16
—
17%
—No par
xl06
12% Apr
*1240
Consolidated
3% Feb
80%
54%
Congoleum-Nairn
Dec
*137
81
54
6
Jan
139
54
6
43%
*80%
160%
Feb
Jun
*137
161%
41
2%
80%
160%
30% Feb
Mar 23
139
161
3
Jan
Jun
80%
161
—25
29
Jun
*137
70 3/4
70%
36
108%
*107
423A
13
36%
109%
4%
No par
27
135A
36
109
23%
Co
Doc
13%
703/4
4%
Conde Nast Publishing Co
Nov
109%
453A
110
*273A
107
*41
23%
Commonwealth
34%
107
4%
3
30%
108
23%
11% Feb
Feb
273/4
4%
33 % Mar 16
Jun
7%
13%
36%
3
13
24%
8
13%
36
Mar
25%
109
cum
Commercial
3.60%
453/4
110%
273/4
17%
Combustion Engineering
Superheater Inc
6
453A
110%
27%
423/4
*109%
20
33,%
2.50
Columbian
10
60 %
463/8
111%
*107
89
33%
,16%
Pictures
27%
108
*86
*18%
17
Gas
Feb
18V0
25
$4.25
Feb
*25%
34
17
Columbia
21%
89
33%
*18%
243/4
Columbia
46%
*107
46
273/8
23%
B
Columbus
*88
18%
17
14
6
88
34
24%
20
22% Mar
25
*110%
*4%
Columbia Broad Sys Inc cl A
10
18%
*16%
Feb
333A Jan
88
*33%
*24%
13% Mar 17
66
800
Southern
&
14% Feb
Mar 24
73/a
260
Corp com—No par
preferred
20
conv
Class
28%
No par
2nd
35% Mar 24
46
m
46%
non-cum
*7%
75
99%
4%
7%
7%
170
453/4
25% Mar 24
7%
*67
99%
13
12,800
*120
46%
15% Jan
700
671/4
75
99%
Dec
27%
65%
170
46%
16%
107%
27%
67%
*67
*97%
Jun
107%
273A
67
*120
No par
7%
108
27%
75
71%
& Iron
108
27%
68%
170
*703/4
No par
108
*67
com__No par
.
n
7%
88
*24%
No par
—
Va
*120
*41
100
1
75
*23%
1st preferred
35% Mar 24
24%
71%
100
1
170
46
44,600
24,200
121,600
,
1
*67
No par
com
non-cum
3
67JA
33
*120
No par
preferred
Internatl
66%
32 %
75
111
32
61 Va
33%
170
*27%
*31
1,800
67 Ye
*67
42%
1
32
600
21,400
53
33'A
*120
*703A
100
4%
13
24%
*31
53
43/8
*
*41
No par
4
28% Jan
25
*86
50
27
103%
par
*243/a
88
50
pfd
(The)
32
Shares
18
4%
673A
18%
*86
53%
n
34
18%
stock
13
28'A Jan
7%
*33%
20
16% Jan
Dec
7%
88
100
Dec
Dec
*7%
*86
53
18
4%
33%
7%
17%
28%
:
4
673A
7%
5
Jun
29%
108%
173/4
173/B
Sales for
the Week
$ per share
323/4
107
8%
Jun
*107%
Friday
Mar. 24
55
*27
12
Jun
H
108
13%,
66%
67%
7%
11
16%
%
1
A.
27%
18% Jan
17%
67%
32%
17%
4%
*31*
32%
108%
25% Mar 23
Mar
32
663A'
33%
67%
173/B Jan
5%
*31%
67%
27%
15
Colo Fuel
32
66%
32%
%
27%
13
Colorado
*31%
'
67%
16 Vb Feb
16
53
67
16
Jan
55 %
*27
Jan
15
107%
53 %
67%
Dec
Jun
107%
Co com—100
$3.50 preferred
Collins & Aikman Corr
193/4 Jan 20
13
67
55
5
Colgate-Palmollve-Peet
9
32
33%
*13
Mar. 23
$ per share
share
4
416%
27%
Jan
10
,33%
4%
67
17%
Feb
/'31%
\ 66%
17%
4%
*27
19%
21%
53
*16%
4%
10
19
13%
52%
$ per
17%
41,4
13%
Thursday
Mar. 22
$ per share
__No par
Jun
18%
1.50%
11
Jun
26%
17%
4%
*17
4%
8.50
com
Jun
15
*16%
100
7%
12%
Feb
100
* per share
1
Wednesday
Mar. 21
1
Co
Coca-Cola
Dec
$ per share
*13
900
HIGH SALE PRICES
Tuesday
Mar. 20
10
Inc
2nd
cum
Monday
Mar. 18
No par
Co
conv
13%
LOW AND
Saturday
preferred
RR
Coca-Cola
8
28%
Clopay Corp
8
8
54%
Cluett Peabody & Co com
7% preferred
18
4%
4%
.
Foods
5
43A
29%
8
30 3/o
Molybdenum
11
43A
2,600
77A
Co
4%%
Feb
4%
9
29%
100
Clinton
Jan
87A
8%
common
37% Mar 15
5% Jan
9%
28%
Corp—
112% Mar 16
27
3,100
9%
30%
100
13
143
700
26 3/4
29%
25
13
4
17 Va
26 3A
8
"
Elec
Climax
22 J/2 Mar 24
I41/2
*17%
30
Illuminating com—No
cum
14
3,900
22,300
27%
9%
43A
5,100
12%
7%
25
Pitts
Special
4%
18
11%
26%,
27
8 3/4
14%
*17%
200
6
29%
...
10
Mar 22
138% Jan
Mar 14
%
18
<■
24,800
85 Va
29%
Cleve &
37
293/a
6
29%
24
Jan
291/4
*85
297A
71% Feb
Jan
8
14%
14%
27
86
77/s
3
15%
18
26%
297A
29%
18
43
18
-
8%
43A
14
14%
18
*17%
29%
*85
77A
107% Jan
Dec
600
29 3A
24
36 %
1,000
7%
106% Feb
62 3/4 Jan
8
28
29%
Aug
Feb
8
28
6%
*11%
108
73
73A
28
85%
$4.50 preferred
,——No par
Cleve Graph Bronze Co common—1
5% preferred
100
Dec
260
73A
*27
28%
30%
No par
RR Co
St Louis Ry
463A Feb
2,500
*53/8
Milling Machine CO
non-cum
29% Jan
1,000
34
104
29%
preferred
&
28 V8
33 7A
*84%
!.
&
Equipment
C
28 7A
300
*102%
57A
.
112% Mar
Mar 10
27
61%
10% Aug
C
5%
36% Mar
17,600
30,600
8
34
85%
STOCK
City Products Corp
City Stores Co
3
Jan
15%
18 7A
104
*5%
-
I T Financial
5%%
28 V2
15%
18
*7%
333/4
*84%
Oil
City Investing Co
Mar 22
19% Mar
Mar 11
C
28
7%
*27
8
*102%
33%
103
7%
8
28%
28
33 %
102
1013A
8
8
28
34
101
8%
8
28%
34
102%
8
29
29Vb
28%
8
100
preferred
Cincinnati
14
30
com__No par
common
Corp
4,000
10,900
3,100
No par
com
Rights
4
68% Mar 22
7% Mar 11
Sep
Chrysler
37%
112
100
series
Cotton
Co
37%
*111%
No par
Cab
Cincinnati Gas
Mar 16
109% Mar
24
42%
T
38%
112
16
A___25
vtc
p
5%%
preferred
Chile Copper Co
Jan 16
37%
*111%
No par
com
Tool
preferred
Chickasha
Childs
38 Va
112
8%
Par
24
4% Mar 13
Jan
400
100
Chicago Yellow
18% Feb
60
3,400
9%
EXCHANGE
Jun
1,600
10%
17%
$ per share
4
5 Vb
Jun
43/a
163A
10%
38 3/8
No par
preference
NEW YORK
35
*4iA
163A
16'A
preferred
Highest
$ per share
43A
16%
10%
112%
.
xl3
4%
16%
103/a
16%
preferred vtc
convertible
Range Since Jan. 1
Lowest
Highest
4%
16%
preferred
STOCKS
Year 1949
4,800
16%
103/a
9%
No par
Range for Previons
Lowest
*
4
1,000
19 %
38 3/8
50
Chic Rock Is &
13
*4
19
*110%
No par
Louisv Ry Co cl
A
Conv
43/b
10%
5
com
RR Co
Chicago Pneumat
$3
134
800
*7 3/4
preferred
&
41,200
■
17%
1
Chicago & North West
32% Mar 23-
134
.
18 3/4
19
40
Chic Milw St
x56V8 Mar 15
100
31
105
9.50
A
Series
135
30 3A
105
No par
Co..
Class B—
1
Jun
134%;
31%
134%
No par
convertible
Chic Ind
18
Jun
17
5%
105
30%
17%
Chicago Corp (The)
1
Chicago Great West Ry Co com—50
4
23
10% Feb
3
Jan
4
18 3/4 Mar
3
105
30 3/4
19 Va
Copper Corp
Chic & East 111
10
105/a
135
29%
4,900
106
*17%
Cab
Class
*105
*134
100
361/4
361/e
*105
17'A
com__5
preferred
3% %
24
24
Feb
4%
6% Feb
30%
105%
2,100
7,400
17%
Mfg
1.25
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common—25
12
12% Feb
Jun
West Corp
Sugar
Pasco
Checker
Mar 20
3
5%
Jun
29
10
93A Jan
12%
3
9% Jan
May
Dec
14
Violeta
South
Champion Paper & Fib
85% Mar 16
Jan
3%
&
Mar 10
136%
8%
433/4
153Vi
50
Certain-teed Products
Chain Beit Co
Jan
5
7% Mar 11
29%
105%
106
*8 Va
43%
153%
50
B
3
5% Aug
17% July
154
100
Cerro de
11
45%
*153%
*17'A
No par
Century Ribbon Mills
Jan
44%
154
I*171A
Co
7
18ye Feb
45 3'a
*153%
7,100
5
Co
Ry Co vtc
3
31
45
44%
154
333A
1
Sugar
8% Jan
Mar 22
44
*152%
3:
20
No par
common
Central
19 % Mar 23
13
Jun
1
45
154
100
preferred.,
Class
8%
36 7A
preferred
4/2%
8 %
105%
Central RR Co of N J class A
30
8%
36%
4434
*152%
No par
21% Jan
15
22% July
18% Jun
27
163A Mar
73A Mar 15
183% Feb
Feb
8
8%
1053A
5% preferred series B vtc
100
Central Hudson G & E Corp
No par
Central Illinois Light common
•
104%
1,100
36 3A
11
2
371/2
106%
173/4 Jan
10% Mar 15
37%
36%
Foundry
38% Feb
37%
*105%
Central of
•
8
5,900
37%
36%
Central
12
8%
17%
106%
10
10
*8
200
17
'37%
37%
33 3A
17%
36%
27
Jan
37Va
33%
17%
*105%
4% Jan
9% Jan
37%
34
33
31%
11% Feb
15
37%
33%
363/4
Jan
35% Jan
37%
8%
170
33
106 V4
9'A Jan
Dec
38%
44%
9,300
34
17
30 %
Aguirre
Jan
17%
*105V4
Central
Dec
17/4
31%
30
9%
*32%
18
154
10
11%
105
17%
33
173/4
106%
10
36"%
*32%
*32 34
31%
Jan
24%
11
34%
57
105
*1053/4
17% Jan
Jun
11%
105 '/a
100
17% Mar 21
Nov
11
*105
36%
Jan
6% Mar
11%
1043/4
36%
Jan
12%
10%
18
*37%
*55
1043/4
33%
36 Va
15
33%
56
No par
com
preferred
Ga
1,200
56
10
common
xl7
4
57
43%
Jan
Jan
I6V4
*152r/a
Jan
6
500
16%
*56
/
491/4
16 7A
33
33%
Shares
48%
16%
*49
25
Jan
11% Mar
34%
$ per share
50
163/4
100
t
17
Jun
34
Sales for
the Week
49%
33
18
1
common
-
18%
7% May
34%
Friday
49/4
104%
26%
3
*56
104%
lo
preferred
Corp
57
104%
Jun
5%
*56
$ per share
*16%
17
104 Va
Jun
Celotex
57
34
11
Mar. 24
Mar. 23
$ per share
49%
*104%
Jun
21
16%
57
11'A
14%
8
*48%
17
11%
15%
18% Mar
50
16%
11%
50
4.20%
1st
2nd
*48%
17
11%
No par
series
Corp of Amer
$4.75
Mar 14
49
Thursday
Mar. 22
share
*56
_5
General
I)
.
Co
Caterpillar Tractor
9
34 % Feb
&
(J
7%; preferred
36% Mar 21
27
97
Carriers
"Case
153 % Mar 24
3
$ per
Mioo
:
30% Mar
$ per share
;_1
Light
105 % Jan
49
Wednesday
Mar. 21
*16'A
1
10
18
25 %
30 % Jan
common
A
34V2 Mar 16
11
31% Jan
'
$3
Tuesday
Mar. 20
t per share
(1267)
AND HIGH SALE PRICES
LOW
Monday
Mar. 18
Par
56 %
5'/4
CHRONICLE
RECORD
Saturday
v
$ per share
12% Mar
100
STOCK
STOCK
EXCHANGE
50
Mar
YORK
FINANCIAL
STOCKS
Year 1949
Lowest
&
No par
Fibre—5
10
353/4
*983/4
38%
*101%
*8%
74
36
100
38%
*109
44%
13%
35%
-
313A
13
13%
35%
36
109%
44"%
111
111
109%
109
109
44%
443A
105%
'105%
105 %
18%
18%
44%
105%
106
44%
18%
18%
18 3A
983/4
99%
98
98
38%
383/8
38 %
*101%
74%
x59%
8%
103
83A
60
13%
111%
-
*101%
8%
58%'
103
*98
38%
*
1013A
99%
383A
103
8%
87A
8%
59%
59%
60%
93/4
13
353A
35%
ill
*109
*
38%
103
9%
31%
109
-
357/a
35%
93A
13
35 7A
111
111%
111
111%
109
109
1083/4
109'/a
433A
44%
44%
*105
18%
98
38%
103
*83A
61
45%
105%
105
105
300
1,400
3,800
29,800
9,700
680
310
3,300 '
140
18%
18%
18%
3.J00
99%
97 V4
97 V4
460
38%
6,800
38%
103
38%
♦101 Va
103
100
87A
83A
83A
1,100
61%
613A
62 %
4,200
-
*
12
NEW
Range Since Jan. I
Highest
Year 1949
t per
S per share
5%
Jun
8%
Jan
6% Jan
3
Feb
65%
Oct
55% Jan
25
11%
Jun
15%
Jan
13% Jan
19
Jun
24 %
Dec
July
55% May
$ per
share
47%
51 %
NEW
Lowest
Highest
t per share
7% JftD
9
Continental Steel Corp
23 % Jan
4
26% Mar 14
54
Jan
11
55% Mar 13
12
13% Mar 16
12%
Feb
Jan
17
Jan
14% Jan
3
17% Feb
4
Feb
48% Mar 24
49% Jan
11
7
Jun
11%
EPb
10% Jan
3
14% Feb
14
49% Mar
58%
Dec
57% Jan
3
67% Mar
6
36% Mar 24
30%
Dec
28% Jan
13
94
Jan
102%
Dec
100% Feb
21
101% Jan
92%
Jan
102
Sep
100% Feb
21
102% Mar 21
67% Jan
13
Jan
73%
Dec
189
Sep
5%
3% Mar
182% Jan 31
Jun
2%
32%
Jan
96
Jun
Dec
104
3
6% Mar
6
Jan
Coty Inc
Cream
Crown Cork & Seal common
367/«
Jan
42%
Apr
39
Jan
19
49
3
20% Jan
11
Jan
55
Feb
8
59% Jan
11
20% Feb
28
Nov
72%
21
July
12% Feb
160
May
31
Apr
16%
160
Dec
May
4
15% Jan
175
Feb
14
13% Jan
19
Feb
25%
Dec
22 % Mar 21
25% Jan
5
71
8
Mar
3
Jan
9
18%
133
8%
Oct
6% Feb
14
145%
Oct
122% Jan
16
Jun
52%
Nov
49% Jan
3
55% Jan
28
Dec
7
Feb
Jun
4%
43 %
9%
Apr
7% Jan
3
9% Feb
10
Jun
Mar
19%
Sep
24 Va
137
Jan
Jan
26%
Jan
oo3/8 jan
125
3
Feb 21
22% Feb
17
No par
134% Mar
24% Feb
7
10
Jan
20
25% Feb
25
138
13 Vs
12%
16 Va
Zellerbach Corp common
5
$4.20 preferred
No par
$4 2nd preferred
No par
5%
convertible preferred.
pfd
non-cum
Cudahy Packing Co
64%
64'A
35 V4
IUV4
5%
186
57/»
2%
102
•
102%
2,100
16 Vs
15%
16
2,100
48 3A
48%
483/B
70
14
13%
14'A
133/4
13%
5 900
65
63 Va
643/4
64
64%
470
36 3/«
9,000
36
36
101
186 %
5%
*100%
101
102
102
*101 Va
102'/a
71%
1
5%
36
36%
101
*100%
186%
12%
186%
5%
5%
5%
60
71
5,900
185
7 0 */4
185
110
5%
yoo
2%
23/8
2%
2%
600
2?3/8
28
27 Ve
27%
26 Ve
27 %
13,400
*102'A
103
*102'A
*102%
102 Va
500
2%
2%
28
102%
123/4
16%
12%
j
*134 Va
9.400
*48'4
12%
48%
102
102
5%
2%
27%
102
*100V4
W/4
.
*184%
28%
35%
35%
101
11,200
2%
103
13
13
13 Ve
13 Vs
13%
1374
13 Va
13%
30%
23%
30
29
29
29%
29
29%
700
16%
16%
157/a
16
15%
15%
15 Va
153A
15%
15%
5.400
39%
33 '/a
*39%
39%
*39 Va
*39 Ve
39%
39 Ve
39%
39
39 Va
300
6,000
13
*30
33
104%
104%
104
*104
*56%
* 20%
33
33
104%
104 Va
164
104
33 Va
33
33 Ve
104 %
105
13%
*29
104'A
33V*
*
333/4
32%
33 3/s
104 V4
104 Va
105
*104
104%
104%
104 %
104 Vs
105
104 Ve
4,700
104 Va
430
120
18%
18%
18%
18%
13%
18%
18%
173/4
18
2,600
56%
56%
56%
56 Va
56%
5C%
55
56 Va
*55%
56
1,000
20%
21%
16%
16%
16%
*160
39%
'
13%
18%
57 %
*18
100
64%
102% 102%
6V2
16%
103 %
100
133/4
13%
2%
30
33 %
"104%
com__Nopar
*48 Vs
*100 %
6%
16
16
16
48%
13%
36
186
12%
12%
16
27"%
2%
*39
Crown
Crucible Steel of Amer
5%
5%
16Va
31
3
14
11% Feb 24
109
preferred
35%
36 Vs
*29 Va
9V» Jan
7% Jan
67% Jan
13
16
13V»
2
2.50
Cuba RR 6%
Feb
16
$2
(The)
Cuban-American Sugar common__10
1% preferred
100
Jan
8% Mar
12%
13
1
of Wheat Corp
6
13%
Jun
Jun
55 Va
103
9
73
5%
*54%
*102
14
10% Nov
60
55'/a
12%
28
Feb
Jan
*54%
28
19 % Jan
25
175
55 Va
100
preferred
Creameries of America
16% Jan
*54%
"5%
*2%
1
5
Jan
55%
1
25
common
3
24
*54%
CO 74
4
Nov
55%
*184%
17% Jan
14
*54%
70
14
8
55%
35%
100
30% Mar
27
3,100
186
preferred
18
Mar 13
25 Va
*184%
7%
25
Feb
24%
102%
15% Mar 23
34% Mar
25%
101%
3%%
105
25 %
*101%
11
105
25%
*100%
Jan
3
25%
102%
105
13
25%
101
Crane Co
99% Jan
*25%
*101%
69%
Coty International Corp
27% Jan
26
*100%
31
102% Jan 11
25%
5
100
preferred
12% Jan
Deo
1,800
25"%
12%
Cum
28% Jan
Deo
15%
pfd 3% % series of 1947__100
Corn Products Refining common__25
3 % %
Jan
Dec
15%
Corning Glass Works common
Deo
99%
15%
64%
Nov
30
15%
64%
19%
105
15%
65%
14%
Jun
15 Va
65 Va
29%
Mar
15%
20
Oct
May
*15%
Exchange Eank & Tr Co
Feb
94
15%
Corn
Jan
20
15%
13%
13%
90
15%
13%
25
40
60%
13%
2% Feb
18
59%
13%
30% Jan
Jan
6%
60%
Cornell Dubilier Electric Corp
23
8%
G%
60
*48%
9
8
63/4
61
48%
28
101% Mar
6%
60%
*48%
Jan
2
6%
62 y»
16%
4% Jan
Oct
Jun
72% Jan
186 % Mar 23
6%
61%
48%
26'/a Mar 24
Dec
1%
21 %
5
6%
62%
16%
series
Shares
6%
62%
*43Ve
pref 5%
Sales for
the Week
6"%
62
50
1
Convertible
Friday
$ per share
t per share
I per share
*54%
Cooper-Bessemer Corp common
5
$3 prior preferred
No par
Copper Range Co
No par
Copperweld Steel Co common
5
19%
t per share
Mar. 24
Mar. 23
Mar. 22
25%
14
52
Tbnrsday
Wednesday
*15%
16% Feb
Dec
share
PRICES
SALE
Mar. 21
62%
0%
1
3
28
f per
HIGH
AND
Tuesday
Mar. 20
t per share
-5
Jun
Jan
Motors
Continental Oil of Delaware
Jun
57
Continental
Monday
Mar. 18
62% Mar 18
9
171%
Satnrday
Par
Monday, March 27, 1950
RECORD
LOW
STOCK
YORK
share
12
Apr
STOCK
EXCHANGE
49
20
YORK
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
COMMERCIAL. &
THE
(1268)
•160
180
20%
20%
17%
180
21%
21%
17%
17%
17%
180
*160
21%
17%
130
*160
21%
21%
*21
180
21%
17%
17%
17'/a
*160
500
17 Va
3,200
180
*1G0
10
8%
8%
6%
8%
8Va
8%
8 Va
100
*69'/a
71
*68%
70
*68%
70 Ve
*63 Va
70
69 Va
69%
*683A
70
5
11%
11%
*12
12%
12 Ve
12 V.
12
12
12
12
*12
12%
1,000
Cunningham Drug Stores Inc
2.50
Curtis Publishing common
No par
22%
6%
*129
*50 %
22%
6%
130
51 Va
22%
22%
22%
22 Va
22 3/4
23'A
1,100
6%
9,200
8%
8%
4%%
common
preferred
Cuneo Press Inc
$7 preferred
No par
Prior
No par
1
preferred
Curtis-Wright common
Class A
22%
1
Cushman's Sons Inc
7%
pfd
Cutler-Hammer Inc
8%
100
22%
6%
6%
130
50%
*49%
50
8%
8%
8%
22%
*129
24 %
24%
130
22'A
131
*49%
8%
22%
22%
131
*24
6%
*22%
22%
23%
e%
6%
7
*129
130
130
50
50
51
*50
8%
22%
131
*129
24%
8%
130
130
8%
*22 Ve
•129
24%
6%
6%
*129%
50%
131
*24'/a
8%
6%
*129
22%
*129
No par
8%
8%
8%
22%
22%
22%
*129
24 Ve
24
8%
131
23%
7,100
300
130
90
51%
300
8%
20,400
22%
1,900
131
131
24
233/4
83A
20
24%
2.300
D
9
Jun
15% Mar
13% Jan
13
19
87
Jan
96%
Nov
96
12
98% Mar 22
11% July
14%
Dec
13% Jan 25
15% Mar 15
15
Jan
17 Va May
15% Jan
17% Feb
Mar
22%
213/4 Jan 23
Jan
31
Jan
98% Aug
*16%
26 %
92
Deo
May
Jan
3
17
Jan
5
29% Jan
4
34% Mar 17
Jan
11
102% Mar 21
101
97
92%
Jan
100%
DM
97% Jan
24
7%
Jun
12%
Nov
11% Jan
3
9%
Jan
8% Jan
27
4% May
24
Mar 22
Mar 16
Dana
1
17%
17%
17%
18%
18%
18%
18%
19
100
*57%
98%
*97%
98%
97%
97%
98'A
98%
*98
98%
2.50
*14%
15%
*14%
15%
*14%
15%
*14%
15%
*143/4
15%
__20
*16'/a
17%
*16%
17%
*16%
17%
*18%
17 Va
*16 Va
17%
Corp common
3%%
preferred series A
Davega Stores Corp common
5%
convertible preferred
Davison Chemical Corp
(The)
Dayton Power & Light common
Preferred
3.75%
series A
Preferred
3.75%
series
15% Feb
11
Jan
5
B
100
Decca Records Inc
10
Jun
29
Jan
Jan
3
25% Mar 20
Deep Rock Oil Corp
Jun
43%
Oct
38% Jan
4
49
Mar 23
Deere <Sc Co
31
Mar
36%
35% Mar 24
36
Jan
26
Jun
40%
Sep
Jan
36
Mar
29% Jan
3
3
6
7%
Delaware & Hudson
Jun
9%
Jan
8% Jan
3
10% Jan
17
Delaware
Lack
22%
Deo
21% Jan
13
23% Feb
14
Delaware
Power
Denver
& Rio
&
19
Jun
30 %
Dec
26% Mar 10
31
Jan
11
Escrow
ctfs
34%
Jun
53%
Dec
46% Mar 13
57% Feb
27
Escrow
ctfs for
12%
Dec
14%
Dec
12% Feb
15
13% Jan
10
20
Jan
23%
Sep
21% Jan
13
23% Mar
Jun
58
Jan
50
4%
Jun
9%
Jan
15
Jun
24% Mar
11%
Jun
13%
NOV
58
7
Feb
2
Jan
6
6% Feb
14
7% Jan
21 % Mar 13
23% Jan
9
13% Jan
11
53
xl2% Jan
6
13
23
12'
Mar 15
for
Detroit
101
*100%
101
100%
100%
14%
15
14%
15
14%
15 Ve
8%
9
9%
25%
25%
47
48
35%
35%
*35%
34
*33%
8%
1,200
35%
35%
35%
353/4
35%
35%
1,700
34
*33%
34
34
34%
33%
9%
9%
23%
22%
*27
27%
27
27%
28%
28
28%
27%
273/8
48%
49
49
-49%
49
49 Va
49%
49%
49
49
12%
12%
12%
12%
12%
12%
12%
12%
123/4
123/4
12%
2,200
20
23'/a
23%
23%
23%
23%
23%
23%
23%
x23Va
233/4
23%
23%
12,200
62
*58
G2
60
*58
*58
62
*58
62
6%
6%
6%
67/a
6%
6%
*6%
>
*21 %
21%
21%
21%
21%
21%
21 %
5
'
13 Va
13 %
13%
13%
13%
13'A
13%
•
9
3
Diamond T Motor Car Co
2
12 %
12 %
12%
12%
12%
9% Jan
5
Diana Stores Corp
Distill Corp-Seagrams Ltd
50c
8%
8%
8%
8%
8%
Raynolds
class
Lowest
S per
NEW
Highest
YORK
15% Jan
11
9%
Feb
17
Jan
12% Jan
4
Feb
38%
Nov
35% Jan
28
41% Mar 17
45%
Jun
53%
Nov
50% Jan
10% Jan
3
56% Mar 24
63/4
1,500
21%
21%
21%
2,800
13
%
13%
13%
13
13%
•
22%
23
*22%
22%
1,700
37
31 Ve
36%
36%
2,100
1,600
22%
22%
22%
22%
22%
22%
22%
23
-36%
36%
36%
36%
36%
36%
37
a*>
d9
3/4
42%
*42 Va
43%
423/4
423A
12%
*12 Ve
12%
12%
12%
12%
12'A
900
3'A
8%
8%
8%
8 3/s
8%
8%
3,700
193/8
19%
19%
19 Va
15,200
25
13%
2
*43
43%
*43
19%
19%
43%
20
STOCK
Saturday
Monday
Mar. 18
Par
Divco Corp
Dixie Cup Co common
Mar. 20
AND
HIGH
19%
SALE
Tuesday
Mar. 22
t per
share
*13%
14
*13%
133/4
13%
13%
No par
*393/4
40%
393/4
393A
39%
No par
*54
54%
54%
543A
*54%
19%
39%
543A
Friday
Sales for
Mar. 24
the Week
Thursday
Mar. 23
t per share
$ per share
$ per share
13%
Shares
40
40'A
54 %
55
133/4
*13%
40%
40%
393A
393/4
1,100
55
13%
*
300
PRICES
Wednesday
Mar. 21
1 per share
t per share
i
Class A.
19%
19%
LOW
EXCHANGE
241/4
6 3/4
21%
*36%
t per share
share
62
*58
63/4
21 Va*
6%
2
STOCKS
share
63/4
2,500
No par
A
tommon
participating preferred
Range Since Jan. 1
S per
*58
1
13% Jan
Highest
2,600
27%
48%
44% Mar
Year 1949
27%
28
8
Lowest
6,000
2,400
12%
3
I per share
2,700
93/8
22%
48 %
40% Jan
Mar 17
33%
9%
223/4
8
Feb
20
33%
23
100
Dec
13
9%
100
45%
17% Jan
9%
223A
9%
preferred
Sep
Deo
34%
23
23
common
37%
18%
9%
9%
23
West RR
3
Jun
5,200
353/4
1
Range for Previous
8 3A
*35%
39% Jan
12%
8%
35%
8
27
9
14,800
20% Jan
8% Feb
7,600
25%
35% Mar
Nov
400
15
48%
Jan
9%
101
14%
25%
NOV
Jun
8%
1003/4
15%
15
47 3/4
40
Jun
190
100%
1003/4
25
22%
9%
4,000
49
Sep
6%
1,600
34 Ve
25
23
Detroit Hillsdale & S W RR Co__100
6%
23%
1013A
48%
Jun
Mar
33%
25
16 %
xl2
*22%
*100
48%
23
t
Match
34%
102
160
25
Detroit Steel Corp
De Vilbiss Co
&
17 Va
47%
Detroit-Michigan Stove Co
Devoe
23%
33%
*100
9 Ve
*16%
28,200
25'A
31%
13%
8%
15%
47%
9%
9%
34
102
19
98%
14%
*
467/e
*22%
9%
33%
♦100
9
*25
50
(The)
Edison
Diamond
23
*100%
13.50
Light Co
23
23
34%
102'A
25Va
47%
*33%
100
.
Western
&
Grande
Derby Oil Co
8%
'
23%
34 Va
101%
47Va
20
23
34%
102%
15
25
1
preferred
Jun
5%
19
14%
No par
common
23%
34
*102
100%
100%
50c
17
23%
23 %
34%
103
*102
50c
Dayton Rubber Co
30%
22
23 %
34 '/a
1
7
100
183/4
98%
19
18%
56
56
56%
570
13%
14
400
10
Jun
3
13
Jan
9
Dr.
Pepper Co
No par
12%
12 3A
12%
12 Ve
12%
12%
*12%
12%
12%
12%
12
12
25
July
33 %
Dec
32% Mar
9
36% Jan
4
33%
33%
33%
34
333/4
34%
34'A
343/a
34 'A
34%
34%
343A
6,700
18%
Sep
14% Mar 24
17% Jan
6
Doehler-Jarvis Corp
Dome Mines Ltd
5
Jan
No par
14%
15
14%
15
15
14%
15
14%
14%
14%
143A
7,500
Feb
27
12%
48%
43
101%
101
14% Mar
72%
Oct
Apr
57%
Dec
Apr
108%
Sep
108
Apr
123 Va
Dec
Feb
69 % Jan
13
13
64% Mar 16
Feb
20
110 % Mar 20
119% Jan
13
141
Dec
24% May
16% Mar 10
Sep
86 %
Jan
81
11% Mar
20%
Oct
19% Jan
14%
Oct
11% Mar 24
16%
78
82
54% Jan
Mar
7
27
Mar 24
19% Jan
5
83% Jan
30
21
Mar 21
14% Jan
12
Douglas Aircraft
No par
Dow Chemical Co
$4 preferred
63%
*110
No par
139
139
50c
3%% convertible preferred
Dunhill International
16%
78 Ve
77%
773A
76%
62%
63 Ve
62 Ve
62%
62%
110%
110%
110%
110%
*110 Va
-.•138%
138 %
138
138 %
113
common
Duplan Corp
78
78
63%
No par
$3.25 2nd preferred
Dresser Industries
78
15
common
series A
15
;.
17% v
-
/
17
17%
100
*81%
83
*81%
*20 Ve
21
*20%
140
138
77
78
633A
63%
112%
*110%
140
17%
140
17%
17%
17%
81%
*81 Va
82
*81%
82
21
21
77
63%
*110%
633A
81%
83
1
17%
77 3A
113
21
20%
20%
x20%
203/8
12%
11%
12
11%
11%
173/4
140
17%
700
77
64 Ve
5,800
12,100
113
300
141
3,200
17%
7,100
81
81%
*20
20%
400
11%
1,700
68%
46,200
100
8%
Jun
43%
Jun
63%
Nov
60 % Jan
13
5
64%
64%
643A
65%
65%
65 %
68
67
Feb
124%
Oct
122% Jan
9
125% Feb
27
Preferred $4.50 series
No par
*124%
124%
124%
124%
124%
124 Va
1243A
125
125
125
125
125
1,500
Jan
102% Aug
101 % Jan
31
102% Feb
10
Preferred $3.50 series
No par
102'A
102 3/a
102%
102%
102 Ve
102%
102 %
102 Ve
102'A
102%
102'A
2,000
Jun
115%
Jan
113% Jan
4
116
Feb
20
102%
Duquesne Light 5%
100
115%
115%
115 Va
116
116
115%
116
114% 115
9%
Jun
12%
Jan
10 % Jan
4
11% Jan
10
DWG Cigar Corp
5
*10%
11
*10%
11
15%
Jun
20% Mar
16
19% Jan
10
Eagle-PIcher Co
13
Jun
16% Mar
14% Jan
13
17
Feb
24
Eastern
Airlines
7% July
16 %
Dec
13% Feb
6
15% Jan
3
Eastern
Corp
7%
Jun
13%
Jan
10
Jan
13
16% Mar
1
Eastern
Stainless
38%
Jun
43%
Nov
48% Feb
9
Eastman Kodak Co
Du Pont
119
97%
112
68% Mar 24
No par
de Nem
13
13%
12%
12%
*12 Ve
11%
(E I) & Co—
Common
1st
pfd
*
65
116
11
10%
10%
*10%
66%
66%
*10%
*114%
510
115
11
103A
103A
300
E
164
Jan
202
Oct
Mar
7
45% Jan 27
172% Jan
6
182
Mar 21
6%
~
Jun
Jan
13
30% Jan
9
Eaton
14%
Apr
19
Dec
16% Feb
10
19 Ve Jan
7
Edison
Jan
96
Dec
95
Dec
12% Jan 25
15
Mar
6
13
100
Mar
6
10%
Feb
94%
Oct
6
32%
14%
101
Jan
May
29
96
Mar
Jan
4
98
Mar 10
4
Steel
8%
Dec
x8% Jan
12
10
Jan
9
Elastic Stop
Deo
42 % Feb
24
46% Jan
5
Electric Auto-Lite
12%
Feb
1734
Dec
16
Jan
13
19% Feb
6
Electric
32% Mar
36%
Oct
35% Jan
6
38% Feb
8
3
2% Feb
18
16
42% Jan
11
Electric
11% Jan
25
13
17%
Jun
28%
Nov
Jun
75
Nov
Jan
51%
7
23% Mar 23
28% Feb
23
66% Mar 23
75
23
Oct
50
Jan
13
51% Mar 13
May
26
Feb
16
28% Jan
23% Aug
8% Jun
29
14%
Deo
13% Feb
15
12%
13%
Nov
xl6% Jan
3
18%
Nov
17% Jan
11
35%
Deo
30
14%
Jun
Jan
x29%
Jun
100%
Jan
4%
Jun
9% Jun
48%
55
3%
Jun
July
Feb
6% Jun
6%
105
7
14%
61%
68
5%
10%
Feb
Dec
Feb
100% Jan
0
10
15% Mar
29% Feb
6
3
11
Storage Battery
Jan
Jun
11%
Dec
Jan
61%
Deo
8% Feb
14
11
2
Mar 14
9
Mar 16
30
30
30%
30
30%
4,300
17
17%
17%
17 Va
17
173/4
1,200
3
Jun
5%
For footnote®
Apr
*94
14%
*94
147/e
14%
*98
97
*94
143/4
102
14%
*98
97
*94
143/4
*98
9
9
44
44%
44
44%
18%
18%,
18%
18 Va
No par
*38Va
1%
38%
*38 Vs
38%
38 Vs
38%
*37%
383/8
37%
37%
*12Ve
25
50
* 66 %
8%
2
12%
25%
8%
1%
37%
*12
8%
8%
8%
97
15
102
*94
143/4
*98
60
96 3A
143/4
3,900
102
93/a
93/8
9%
433/4
44%
43%
43 5/a
6,400
18%
18%
18%
18%
3.800
*37%
38%
37%
37 5/e
300
3,200
Ve
1%
l7/e
1%
2
1%
2
l3/4
1%
13,300
373A
1%
38
12
8%
14%
102
18%
373A
37%
38
373/4
38
37%
37%
2,700
12
12
12
12
*11%
12%
25
25%
233/4
253/8
6974
66%
66%
*63
66%
25%
257/e
24%
25%
71
*66%
69%
*6G3A
69%
*66 3A
.
*12
24%
12%
200
24%
7,300
109
*51%
51%
51 Va
51 Va
*51%
52%
*51%
52 %
90
27%
27%
27%
27 Va
27%
27%
27 3/4
Emerson
27%
5,400
4
15
15
14%
15 Ve
14%
143/4
14%
143/4
14%
14%
14%
14%
3,700
26
26%
20%
Electric
Emerson Radio &
Mfg Co
Phonograph
Corp
4%
common
Evans
Williams
25 Va
25%
25%
26%
25%
26%
20V4
20%
20%
20%
20%
20%
95
31'A
31V4
31%
313A
*31%
102%
102%
102%
103%
7
7
7
100
*102
6%
1
No par
5% preferred series A
Erie & Pittsburgh RR Co
Eureka
5
10
Co
common
Corp
Products Co
12
100
*56
57 %
*56
57%
50
*61
63
*61
63
s»/4
514
5
*10%
10%
ioy4
10%
Eversharp Inc
1
Ex-Cell-O Corp
3
"When issued"
Exchange Buffet Corp
12V4
5
11% Mar 24
97
102
44 3A
68% Mar
20.
143/4
*98
18Ve
13
10
•94
44
16
4% Jan
14%
18%
Mar 21
3% Mar 24
97
102
,
182
182
*179
29%
17%
*98
180
182
180
30%
17%
Jan
6
182
293/4
17%
9% Feb
Mar 21
181 V2
29%
17%
55
44
186
29%
17%
44
36
*182
30 Va
51%
Erie RR
6% Jan
186
29%
*17%
273A
Empire District Electric
62
*182
1
27 Va
Endicott Johnson
57% Feb
6,000
11,600
*51%
5
9
15%
46 3/4
27%
4
13
15%
46%
51 y4
7% Jan
Mar 14
16
46%
27%
12% Mar
Jan
15 Va
46 Ve
51 %
13
Jan
15%
4 6'A
3
13
5
15%
46%
50
6% Jan
60
15%
46%
44
preference
10% Jan
55
15%
46 Ve
El Paso Natural Gas
Jan
Jan
15%
467/e
18%
common
Dec
Dec
15%
46%
43%
convertible preferred
preferred
Equitable Office Bldg
Jan
15%
46%
10
5%
2,500
15%
15
Co
5%%
4,200
10,900
46%
Elgin National Watch Co
33% Jan
103 J/4 Mar 21
14%
Elliott
20% Mar 17
5
14%
No par
1% Jan
48
153/8
14%
14 %
5
37% Feb
Jan
15%
15
3
(The)
Jan
2%
51
16
15%
8%
common
Jan
Jun
16
15%
15
16
1
13% Mar
Jun
16%
15%
2.50
Nut Co
Convertible preferred
Elec & Mus Ind Amer shares
10%
16
15 Ve
143/4
100
45%
34%
16%
15%
143/4
100
Jun
Jun
16
15%
14%
2
common
common
Apr
1%
16%
15%
14%
5
preferred
Boat
16%
15%
15
10
V*% preferred
Ekco Products Co
4%%
16%
15V4
100
Stores Inc
33%
42%
Corp
common
Manufacturing Co
Bros
16%
15V»
*14%
10
preferred
Zl %
88
16%
1
10
Inc
common
*65%
.
2.50
66
*43
44
*2%
3%
12 Ve
5
10%
10%
65%
*43
*3%
12%
5 Ve
103A
6%
12
32
103%
26
265/8
38,600
20%
193A
20 Ve
5,600
31%
32
31%
33
►102 3%
103
*1023/8
103
1023/s
102 5/a
230
7
12%
12%
57
57
4
♦61
63
*61
5
5
5
10%
10%
10%
10 Vs
65%
64%
64 Va
44
44
3%
27 Ve
20 Ve
32
7
44
10%
26 Ve
20%
*31%
3%
3%
56%
10%
1,900
7%
7%
7%
7%
7%
13,100
123%
12 V8
12%
11%
12 Ve
13,700
57
*57
57%
57
57%
63
*61%
63
61%
61%
40
5%
5%
3,100
10%
2,100
11%
28,000
5%
10 Va
5%
10
5%
10%
10
11
10%
11%
64%
64 %
*64 ' J
65
*64
65
44
*42%
44
*42%
400
44
*42%
*3%
3%
11%
*3%
11%
33A
3%
3%
700
100
•
200
Volume 171
THE
Number 4893
COMMERCIAL
NEW
Range for Previous
Year 1949
Lowest
NEW
Range Since Jan. 1
.
9 per
YORK
FINANCIAL
STOCK
Lowest
1 per
share
Highest
share
S per
YORK
RECORD
LOW AND
STOCK
Saturday
EXCHANGE
Monday
Mar. 18
share
Par
HIGH SALE PRICES
Mar. 23
Mar. 22
9 per
9 per share
9 per share
Friday
9 per share
share
Sales for
Mar. 24
Thursday
Wednesday
Tuesday
Mar. 21
Mar. 20
9 per share
13
(1269)
CHRONICLE
STOCKS
Highest
9 per thare
&
the Week
Shares
9 per share
J
i
34
Jun
19
Feb
25%
Oct
23% Jan
3
Feb
4
Fajardo Sugar Co
19 %
Oct
23%
Dec
20 Va Jan
23
22% Jan
7
Falstaff Brewing
127/a Aug
% Jun
15 Va
Oct
14% Jan
3
17 Va Feb
23
7%
Jan
% Jan
3
11% Mar
41%
37% Mar 10
Jan
,
42% Jan
25
Dec
15% Jan
Jun
38 %
Jan
35% Mar 11
40% Mar
18%
Nov
17% Mar
19
6%
Jan
4% Feb
Dec
33% Jan
15%
3%
Jun
24%
Feb
36
95 % Mar
104
103
16% Jan
3
13
27
Federated Dept Stores common
3
104% Mar
3
13% Jan
17% Jan
3
20 Va Mar 20
63% July
81%
Dec
59 Va Mar 21
11% July
21% Jun
98%
Jan
18% May
13 % Jan
Feb
15
67
Jan
17
17%
Jan
31%
Jan
104%
Dec
28
preferred
Firestone
4%%
5
Tire
Rubber
&
18%
18 Va
18 Va
4%
4%
4%
4%
4%
4%
4%
4%
4%
*4%
37%
37%
37%
37'/a
36%
37 %
35%
36 Va
35%
104%
103 %
12%
12%
37
37
*103%
104 %
♦12
1
♦19%
10
*103
12%
12%
25
60
103%
103%
310
12%
12 Va
12%
1,600
19%
19%
18%
18%
2,000
60%
61%
62%
62 %
62%
3,200
3,500
59%
597/a
106 Va
59 Va
9
31%
31%
31%
31%
31%
59%
59%
1067/8
106 %
106%
106%
106%
73%
74%
74%
74%
*74%
75
13 Va
12%
13
*12%
12%
«38%
32
32%
31%
32 %
18'/a Jan
20% Mar 17
3
15
No par
22 % Mar 23
Florsheim
10
9,500
24%
Jan
11% Jan
3
14% Mar
8%
Feb
14%
Dec
14% Jan
3
19% Feb
27
Food Machinery
Apr
29%
Jan
27% Mar 22
30% Jan
♦104%
104%
92%
Nov
89% Jan
3
96% Feb
July
19% Feb
96%
Oct
96
Jan
7
99
30
33%
Dec
29
Jan
25
35% Mar
21%
Jun
25%
Dec
24
Jan
30
25
8%
Nov
12% Aug
9Va Jan
3
8
Jun
10Va May
Jan
3
57% Jan
13
Dec
16% Mar 15
65% Mar 23
19Va Feb
3
16 y2
Jun
23%
Dec
20
Feb
22% Jan
9
78%
Feb
75
Mar
Feb
1
7%
Apr
16
7
11% Jan
80
22,200
20%
20 Va
20%
22%
22%
22 Va
22%
22 Va
22%
22%
22%
13%
13 %
13%
*13Va
13 %
13 Va
13%
13 Va
13%
——10
13%
14
13%
14
13%
13%
13%
13%
13%
13%
13%
13%
18Va
18%
18
18%
18
18%
18
18 Va
18 Va
18 Va
28%
28%
28
28%
27%
27%
27%
27%
27%
27%
91%
*90
91%
91
90
90
98
1
18Va
18%
10
28
28
convertible preferred
100
*90
preferred
100
*97%
& Chem Corp
10
9% Feb
Nov
22%
20%
Franklin
17%
22 Va
Stores Corp
Freeport Sulphur Co
91%
♦90
•90
98%
98 %
98%
98%
97%
98%
98%
98%
98%
32%
32%
32%
32 Va
32%
*32 Va
22%
32
32%
25
*24%
■
98%
32%
•24%
25
*24%
25
♦24%
25
25
11
10%
10%
10%
9%
9%
9%
25
♦24%
10%
10%
10
10
65%
*10%
10%
9%
10%
10
9%
64 v4
65 %
.
700
12,000
,
5,300
10
:
270
25
10%
10%
10%
,
3,900
,
90
*88
33
33
:
10,900
*13%
16
60
500
19'%
13 %
*
'
30
26%
20%
27
Feb
760
500
18%
*26
22 %
Jan
Jan
20
13%
11% Jan
11%
26'/a
19%
104%
*26
20%
Foster-Wheeler Corp common
lo
6% prior preferred
25
Francisco Sugar Co
No par
2
104%
26%
20
•104
26
22'/a
3%%
10
*104%
26%
20
104
26
26%
60
7%
3%%
18
May
*26
31%
104
104
104
26%
*13
59%
*
No par
Follansbee Steel Corp..
Food Fair Stores Inc
2
104%
*26
74
No par
Co
Shoe class A
Sep
*104
No par
'i
1,100
31%
20 % Feb
,«
59%
106%
60
106%
33 V8 Jan
♦73%
2,400
103%
19%
74
36
18%
59%
60 Va
400
1,300
12 Va
19%
106%
600
4%
103%
59 Va
60
6,200
18 %
12 Va
60 %
*73%
37%
103%
20 Va
*106Va
15%
36%
♦13
12 Va
20 Va
60
106%
*15%
5,000
103%
13 Va
$4 preferred
38
X59%
80
*106
15%
38
19%
20 Va
80
15%
;
12%
104
13 Va
9%
Sep
15%
37%
•18%
15%
38%
13%
15% Jan
67
15%
*37 %
18%
15%
*38
12,300
1
1
1
18%
5
com
Florence Stove Co
1
18%
100
Florida Power Corp
Florida Power & Light
4,800
15%
13%
2
16%
38%
13 y2
4
16
15%
*13%
Jan
16%
38%
No par
No par
27% Feb
'
16%
*18%
Firth (The) Carpet Co
Flintkote Co (The) common
106
'
1,800
16%
18%
20
27
2.300
20%
15%
14% Jan
Mar 13
25
20 Va
38%
74
24
41%
24%
20%
*38
*73%
103% Feb
40%
25
20 Vs
1 Va
1
1 Va
1
No par
7
41%
24 Va
20%
*18%
5
preferred
13 Va Mar 13
*38
16%
1 Va
1
First National Stores
Oct
89
16%
41%
25
*15%
1
74% Mar 23
15%
78
16%
16%
41%
1
___100
May
20%
16%
29% Mar
Dec
1'
Truck
Felt. & Tarrant Mfg Co
Ferro Enamel Corp
Fidelity Phoenix Fire Ins N Y
8
106% Jan
16%
16 %
♦24%
12% Mar 23
Jan
18%
9
12
60% Mar 17
13
105
Dec
*-•»
12
52% Jan
Dec
56
Motor
4%%
Jan
11% Jan
Dec
69
20 Va
*4%
38 % Feb
Jan
107% Mar
20%
No par
13
17%
Jan
25
20 Va
5
Federal
20%
July
May
40%
247/a
20%
l
10
Jun
53
40
25
20%
2
5% Jan
Nov
43
41%
25
20 Va
1
14
12%
105
40%
24%
1
Federal Mining & Smelting Co
Federal-Mogul Corp
83% Feb
41%
24%
17
4
40%
39%
*20%
l
Feb
4
10%
Sep
No par
Corp
Family Finance Corp common
FAR Liquidating Corp
Fedders-Quigan Corp
1% Jan 14
14% Jun
32
Fairbanks Morse & Co
11
1
1,300
40
.
>"
1,700
1,700
1
9%
9%
9%
10
*64%
65
64%
64%
64%
65%
65%
Froedtert Grain & Malting Co Inc.l
*16%
16%
♦16%
16%
*16%
16%
16%
16%
*16%
16%
16%
16%
200
21%
21%
21%
21%
21 %
21%
21%
21%
21%
21%
21 Va
21%
5,400
77
76
76
76
77%
76
76
♦76%
77%
77%
530
Fruehauf Trailer Co
4%
common
1
„
preferred
—100
9%
*76
.
65
64%
*77
1,800
,
;
•''*
G
4%
Jun
4%
Jun
7%
Oct
7% Jan
3
8% Jan
10
14%
Jun
18%
Dec
17% Jan
12
18% Jan
28
6% Jan
6
5% Jan
3
7% Mar
Gabriel Co
4
Oct
9%
Jan
3
8% Jan
Oct
41%
Jan
34% Mar 10
38% Jan
Feb
17%
Dec
17
15
Jun
19
Apr
10%
Jun
16%
Dec
3%
Jun
6%
Feb
21%
Jun
32%
Feb
Jan
10
xl7% Jan
18% Mar
Gamewell
Gardner-Denver
3
4y2 Jan
3
5% Jan
12
Gar Wood Industries Inc com
24% Mar 13
27 % Jan
12
18% Feb
4
20 % Jan
Dec
18
Jan
3
19% Mar 23
103 y2
Jan
Jun
105
Jan
11
107% Mar
7
41%
Sep
45% Jan
13
53% Mar
3
Nov
July
106
Jan
103 y4 Jan
12
Jun
11
Dec
10% Jan
5
12
Jan
Mar 20
165
Feb
163%
Jan
158
9%
Feb
15
Dec
6
Jun
10
Jan
65%
Apr
79%
Jan
65 V8 Mar 23
75,
24%
Jun
31
Jan
26
13% Jan
6% Feb
12
14
Mar 24
General
$8
9 % Jan
Jan
9
4%
9
4%
conv
Apr
16% Mar 24
18% Jan
11
Jun
139%
Apr
130% Mar 16
138%-Jan
9
Jun
42%
Dec
41 y8 Jan
13
47% Mar 22
39 y4
Jan
48%
Dec
47% Jan
13
51
937/a
2
103
4
13
20
Bronze
Jan
56%
Dec
16
57% Mar
8
123%
Jan
128%
Jun
126
Jan
13
129% Mar
3
5 %■
Apr
112
Dec
109 y2 Jan
10
115
Mar
8
3%%
97
100
Mar
8% Jan
54% Jan
Jan 20
% FeD
General
lo
Lowest
9 per share
$ per share
S per
Highest
share
51%
Jun
72%
Nov
68% Jan
13
123%
Jan
127%
Sep
xl25% Jan
5
*97
Jan
104 y4
Dec
102% Jan
6
13
Feb
19%
Sep
19 V8 Jan
3
22%
Jun
38%
Dec
34% Feb
17
11% July
2% Jun
11%
3%
Dec
3% Feb
104% Feb
7
11
Corp com
4%
20%
10
General
16% Feb
20
Portland
Cement
20
General
4
24% Feb
17
126% Feb
23
6% Mar 10
18% Feb
7% Jan
24%
Jan
Mar
34
Dec
x31% Jan
18
Jan
112% Jan
3
31
Nov
27%
102%
21%
Jan
67
July
64
Sep
77%
73
28 % Jan 13
Dec
22
Jan
25
Jan
101
Jan
10
19% Jan
3
Apr
Mar
77% Jan
23
Jan
7
68
9
General
5
General
29% Jan
26% Mar 16
Jan
12
24% Feb
14
102
500
7
6%
7,000
68 %
69%
*68
69 %
27
*26 Va
27
No par
12 y8
Feb
8% Jan
25
Dec
33% Jan
13
Jan
90
12 y4
Jun
17 y4
Jan
13% Mar 24
16% Jan
72% July
80%
Oct
80
10% Mar 22
39% Mar 15
97
Mar
3
9
Jan
lo
84 % Mar 15
21
Dec
28 y4
Aug
18% Jan
25
24% Jan
17%
Jun
25%
Dec
24% Jan
3
55
Dec
31
1/128 Mar 24
5%
Jan
*95%
Jun
23
Dec
10% Feb
25
Jan
10%
116
107% Feb
24
Apr
Pec
29
Jan
28 y4
Dec
26
Dec
100
20% Mar
93%
Apr
11
Jun
101
16 y4
Apr
Feb
an
12
Feb
2
112% Jan
11
(The)
RightS
4%%
Goebel
—
13
1
3
104% Jan
10
51% Mar 23
108
Mar
13% Feb
2% Feb
Jan
6
10
18
Mar 10
9
27% Jan
9
27
5
2
102% Jan
9
13
17 % Feb
28
36%
Oct
33% Jan
14 y8
Sep
12
33 y4
Jun
43%
Jan
16%
Jan
19%
Oct
18% Jan
13
22
Mar
7
144 y2 Mar
137 % Jan
3
149
Mar
7
12
3
39% Mar 14
35 % Jan
17
13
Jan
12
44% Jan
10
67
Nov
65
Jan
6
71
33% Mar
43 %
Dec
41
Jan
4
45% Mar
11%
14 y4 Mar
13
Jan
4
15% Mar 24
12
July
10% Jan
July
x96% Mar
Apr
18% Jan
5
Feb
92
Jan
101
Dec
Jun
14
Jan
Jun
54%
Dec
51% Jan
9%
41
7% July
Jan
30
7
56%
Jun
71%
Jan
16%
Jan
22%
Dec
For
footnotes
see
page
3
8
13
11% Jan
11
Jan
28
24% Feb
15
100
I per share
5
76%
77%
39,200
126%
126%
126%
126%
126 %
126 %
1,100
104
104
103%
104 Va
103%
104
♦21
21%
21%
21%
21%
21%
21%
21
21
1,000
37
37%
37
37%
37
37 y8
36%
36%
36%
36%
6.400
13%
13 Va
13%
13%
13
13 Va
13%
4,500
4%
20,600
17%
15,900
37
*21 %
77%
77%
77%
27
64% Mar 17
24% Jan
13
116
6%
6%
23%
24
32%
33
117
116
29%
26%
*25%
♦101
104 %
23%
21
21%
126
6%
29%
29%
17%
17%
21%
*124%
*101
23%
23%
*85
86%
*85
86%
*85
*73
76
♦73%
76
*73%
5
2.50
preferred
10
(B F) common—No par
$5 preferred
No par
10
(The)
No
Grant (W T) Co common
conv
Gt Northern
6%
6%
6%
•23%
23%
23%
Green
4%%
1,700
33%
33%
117%
117%
116%
116%
116 Va
116%
120
29%
29%
29%
29%
29 %
29%
3,700
26
25%
26
25
25
33
33
32%
117
29%
•25%
26
104 %
*101
33
*101
33
104%
*101
1,100
300
104%
23%
23%
23%
23%
24
23%
86 Vi
85
85
•84 %
86
*84%
86
76
76
*73%
76
•r*V*
76
•73%
10%
10%
39 Va
39%
23%
10%
10%
39 Va
39%
3,000
20
10,000
10%
10%
10%
39%
96 Va
96 %
96%
300
14'/a
14%
14%
14%
13%
14%
15,800
83 %
86%
•83%
86%
83 %
83 %
97
•
39%
•95
96%
*95
4,800
800
19%
19%
19%
19%
19%
19%
19%
*19%
19%
2,300
28%
28%
28%
28%
29
28%
28%
23%
28%
19,400
152,500
32
*107
108
10%
*106
1/64
56 %
10%
108
1/64
1/64
56
3l2
1/64
♦56
56
10%
♦106
*55%
10%
10%
108
*106%
1/64
1/64
1/64
1/123
1/188
56
56
56%
•55 %
56%
300
10%
J0%
10%
10%
10%
6,500
108
108
108%
•108
109 %
50
14%
14%
14%
14
14%
14
14 Va
13%
3,400 -
14%
14%
14
14%
83
83%
83%
84
84%
84%
84 %
84%
3,800
83
82%
85
83
102%
102%
102%
*102%
50%
102%
102%
102%
1,000
50%
51%
51 Va
51%
51 Va
51%
13,700
106%
106%
106%
106%
106%
•105%
107%
11%
•102%
103
103
103
8%
8%
8%
30%
35%
*35%
35%
35%
35%
•35%
36
35%
35%
1,400
35%
33 Va
33%
33 Va
32%
32%
32%
33
32%
32%
2,700
33 %
26%
26%
27%
27%
27%
3,700
1
*106
12 %
2
102
*101
70
No par
2
2 Va
11.300
8%
8%
8%
8%
8%
8%
2,200
33
26%
27
102
*
] n2
16
16
*66
40%
21%
40 Va
21%
40%
21%
27%
27
27%
1 m
•
12
■j no
Ipi
*101
102
16
15%
15%
♦35 Va
35%
35 Va
35 Va
12%
12%
12%
12%
15%
40 %
21%
41
21%
41
21%
41%
21%
101%
15%
*35
12%
41
21%
148
147
147
147
148
147
147
147
70
*66
70
•66
70
•66
70
♦66
42%
102
15%
100
700
35%
20
12%
3,700
41%
5.400
21%
2,400
147 %
90
70
42
42 %
2,400
42%
*
41%
42
41 %
42
41%
41%
41%
15
15
*14%
15
15
15%
15%
15 %
15%
15%
2,900
15
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
49,800
98
*97 %
98%
♦97%
98%
98%
30
97%
98%
98%
22%
22%
23
23%
24 Va
23%
23%
22,200
22 %
7%
8
7%
8 Va
•7%
10%
Gulf States Utilities Co
2 Va
12%
98%
22%
64
23
2
12%
10%
25
12
2Va
12%
*97
22%
56%
i?%
2
12%
3
No par
12
2'/a
35 Va
21%
1,900
12%
2
*35 Va
40 %
1,000
♦12
2 Va
35%
*146%
12
12%
*35 Va
100
$5 preferred
Gulf Oil Corp
26%
*101
51
16 Va
147
*42
1
2
♦105%
♦15%
40"%
21%
*66
15
12Va
50%
50%
106
35%
12%
40%
*21%
*146%
par
50 %
106
16%
*15%
1
Die Corp__No
(The)—
Sugar common
23%
8%
pfd
preferred
23 %
19%
56%
10%
12%
Common
50
11,500
29
28%
*35%
Grumman Aircraft Corp
1,700
6%
33 %
26%
5
(H L) Co Inc
Greenfield Tap &
24
21
125%
6%
*35%
—No par
No par
preferred
100
Bay & Western RR
100
Green
6%
1T%
20%
•124 %
28%
*56
10%
-No par
Ry 6%
21%
125
par
Great Western Sugar com
7%
20%
125
19%
19%
Ore Prop—No par
preferred
126
8%
100
preferred
Grayson-Robinson Stores com
Gt Northern Iron
4 Va
17%
-/a
10
Granby Consol M S & P
Union Co
13 Va
4%
17%
o
21%
♦124%
24
104%
13%
4 Va
17%
i.
600
102"%
50%
106%
12%
2
8%
1
5
Graham-Paige Motors
$2.25
*82
33
50
1
100
Goodyear Tire & Rub com—No par
$5 preferred
No par
Gotham Hosiery
No par
3%%
14%
7%
Mar 23
6%
17%
17%
22
76%
4 Va
Va
4
4'/a
126
*26
104%
23%
23%
*101
15%
57
3
*26
%
32%
33
117
29%
*101
1
4
Jan
29 %
$5 convertible preferred
No par
Gulf Mobile & Ohio RR com.No par
103
124
*23%
24
*32%
Guantanamo
16% Mar 23
23
*23 %
19
3
59% Jan
5
*21%
*
6%
6"%
-
20
17%
17%
22%
126
4
4'/a
4
■
*116
for
Shares
76%
*21%
1
No par
Sales
the Week
I per share
104'/a
17%
*124%
Friday
Mar. 24
9 per share
126%
4%
No par
100
10c
200
76%
76%
13%
21
3
21
f per share
I per share
Thursday
Mar. 23
Mar. 22
Mar. 21
80
127%
113
PRICES
Wednesday
Tuesday
Monday
127%
*112
104 Va
4%
Feb
3
Jan
20.
127%
112%
900
*126%
13%
8% Jan
6% Jan
12% Jan
100
127%
112
6,100
77%
10c
Brewing Co
Greyhound Corp
20%
128%
112%
9%
56%
126%
No par
Gold & Stock Telegraph Co
Grand
100
*127%
•111%
300
101
9%
56%
104 Va
*36"%
Granite City Steel
Jun
128%:
112%
*100%
*103%
1
common—No par
37% Feb 28
Jan
*127%
*111
Mar. :j<>
21%
— — — —— — — — — —- — — —
convertible
35% Feb
Oct
127%
112%
127%
♦111
84%
3
9%
10
56%
*126%
104%
No par
4
15 y8
101
77%
126%
21%
$4.50 preferred
4
93%
56%
86%
23
Mar 17
56% Mar 23
Jun
Jun
9%
56%
*83%
Glidden Co
Jan
Dec
97/a
56%
*103%
Gleaner Harvester Corp
11%
62%
76%
No par
11
32
133% July
9%
55%
9 per share
*126%
*100%
101
9%
56%
83%
Jan
Jan
,
9%
*55%
82
7% Jan
Mar
101
102
9%
55%
14%
24% Jan
15 % Jan
101%
9%
55%
39%
13
8%
102%
•130%
9%
14'/a
20
28 %
*101%
*101%
9%
39%
*96%
43% Jan
30%
;
14%
101 % Jan
Jun
102%
t
14%
Jan
Jan
6,100
Saturday
Brothers common
Aug
16%
50%
14%
Glmbel
Goodrich Co
16 y8
49%
No par
Goodall-Sanford Inc
1% Jan
50%
10%
9
11% Mar
49%
96%
6
103% Jan
32,900
50%
39%
Mar
Jan
47 Va
49%
10%
Jan
3%
46%
50%
96%
18
Sep
16% Mar
47%
49%
39 Va
85
106
130%
46%
50%
10%
3
Jun
131%
47%
50 %
97
13 % Mar 24
Jun
*130%
47
50%
39%
69% Jan
1% May
5% Feb
131%
47 Va
128%
Co
40
131
131%
46%
10%
Sep
10
17 Va
131%
39 %
Dec
98%
1,400
46%
*96%
19
45%
300
16%
131%
$5 convertible preference—No par
72%
104
26 V8
16%
Va
46%
Georgia-Pac Plywood & Lumb Co__1
Gillette Safety Razor com
No par
Jun
Jun
67
2a
17
♦130%
112%
100
100
Jun
Jun
65 %
26
167/s
46%
*111
common—No par
100
preferred
14%
34
65%
26 Va
17 Va
131%
*55 %
*127%
General Tire & Rubber Co com
52%
100
65 Va
27
LOW AND HIGH SALE
preferred
91
Jan
68
17
46%
49%
,
preferred
37 y2
4
General Time Corp
3%%
Jun
54
17
17%
*17
250
66 Va
*26%
*130%
100
Castings $6 pfd
General Telephone Corp
4%%
Jun
July
•*26 Va
27
17%
*17
,
»
70
70
*26%
Mar. 18
Refractories
14
72% Feb
Jun
48
16%
6%
Shoe Corp
4%%
70
16%
6%
& Utilities
85% Mar 13
79%
Jan
11
159
159
16%
6%
Gen Bteel
24
5y4
General Realty
3
25% Jan
2,700
2,800
♦16%
Public Utilities Corp
Mar
119
22% Mar 10
11%
6%
preferred
Jan
34
122
6
6%
51%
16%
Gen Railway Signal com
6
Jun
160%
11%
0a %
6%
Public Service-
3
Apr
11%
j
107
♦16%
1
Gen Precision Equip Corp
General
51%
7Va
Par
3
4% Mar 23
*105%
*104%
16%
10
No par
Preferred $3.75 series—-—No par
19% Jan
15%
♦158
51%
6'/8
$5 preferred
16% Jan
99%
11%
106 %
106
16%
General Motors Corp common
121% Jan
Jun
11%
160
160
51%
*104%
7%
STOCK
YORK
Dec
18 y2
51%
106
700
16%
100
Jan
Jun
8,900
6%
preferred
Jan
99% July
22% Jan
24
19%
16'/a
No par
common
Nov
.
19%
7%
No par
20 y4
Nov
19%
16%
Corp
17
7y4
11%
158
6,800
2,600
26
*25%
*16
50
Corp com
124%
Feb
*104%
11%
5Va
5
200
*158
No par
100
Inc com
Jun
Jan
158
158
158
160
11%
11%
3,300
5
May
15y4
120
11%
17%
19 %
11%
•104%
17%
19 Va
5
11%
1,500
18
5
No par
107
19%
19
19%
♦105%
51%
51%
18 Va
19
26
106%
106%
107
18 Va
47/a
•105%
51%
*104%
300
18%
19%
*105%
51%
2.100
36
25%
4%
106 %
107
500
7%
7%
36
19%
*105%
Gen Outdoor Advertising
38
•25
51%
51
19,900
18%
26
4%
5
26
106%
4
22% Mar
5
*25
5
25%
*51%
*104%
share
10
4%
25%
*105 %
EXCHANGE
.
5
26
7%
2,000
7%
7%
36
'
13% Mar 22
16 y4 Mar
9 per
78% F«>b
127% Mar
18
STOCKS
.
Lowest
Highest
18
5
convertible
NEW
Range Since Jan. 1
19 %
17%
19%
preferred
■
Year 1949
19 Va
17%
19%
Instrument
Range for Previous
19%
17%
18 %
2nd preferred
General Mills
19%
18
19%
$3.50 preferred
Dec
19%
17%
19%
No par
13 y4
19 Va
17%
19%
General Foods
100%
19%
19 %
19 Va
1
Jun
♦18 Va
19%
^
Jun
18%
19%
100
Jan
♦18Va
4"%
No par
44%
18%
19%
preferred
*6%
*18
19%
Corp
General Cigar Co
Mar 16
18%
*25
General Electric Co_
1%
18%
19%
1st preferred
30% Jan
Jun
18%
36
7%
7%
*18
No par
General Cable
17
36%
19 %
preferred
General
34
7%
*35%
100
9
129
7%
36%
19%
General Baking Co common
7
7%
*35%
7%
19%
Transportation
1
17% Mar
7%
7%
36
7%
19%
$4.25 preferred series A
8
31
8 Va
18 Va
36
7%
7%
77/a
17%
1
50
1.66%
$4.50 preferred
Amer
7%
18 Va
Investors com__l
American
General
8
18",
18'
*19%
2
convertible preferred
Gaylord Container Corp
11
105 % Mar
(The)J
Corp
4%%
7%
7%
7%
18%
*17%
No par
Co
7%
7%
7%
*18 %
8
37
*7%
No par
15% Jan
Jan
Oct
(The)
Garrett
19%
152
Co
7%
7%
18%
*36
5
10
23%
9%
50
common
19% Feb
Jan
48 %
7%
18%
(Robert)
19% Mar 16
Jun
107
77/s
18%
Inc
preferred
3
13%
99
*7%
*18%
Gamble-Skogmo Inc common
5% convertible preferred
6
157/8
7%
7%
*7%
1
20
6%
12
13
1
___
Gair Co
20
31%
(The)™
7%
IO3
15%
56%
64 Va
23 %
*97
22%
7%
•100
7%
102
15%
16
56 %
56%
63%
64 %
23
23 %
7%
*100
103
24
8%
102
•100
16%
•100
102
13,600
15%
16 %
56%
57
56%
900
63%
63%
63%
64%
13,900
23 Va
23 Va
23%
10,800
*Oi'/2
5/
5o
v2
Ob '/a
63%
64
63%
63%
22%
23
•100
56 V4
15%
22%
102
6,700
16%
15%
15%
15%
8
i
14
(1270)
THE
COMMERCIAL
NEW
Range for Previous
Range Since Jan. 1
Lowest
Highest
i per thare
YORK
FINANCIAL
CHRONICLE
X per share
X per share
NEW
Highest
YORK
RECORD
C"
LOW
STOCK
Saturday
EXCHANGE
Par
$ per
Mar. 20
share
HIGH
AND
Monday
Mar. 18
X per share
Monday, March 27, 1950
I
STOCK
STOCKS
Year J 949
Lowest
&
SALE
Tuesday
Sper share
PRICES
Wednesday
Mar. 21
.
Thursday
Mar. 22
X per share
Friday '
Mar. 23
$ per share
Sales for
Mar. 24
I per share
t per
the Week
,
share);
Shares
H
31
Jan
39%
32% Mar 21
46% Feb
14
Kackensack
Water
16%
Jun
13
25 Ya Jan
30
Halliburton
Oil Well
Jan
24% Dec
14% Dec
22% Jan
12
14% Jan
4
15% Jan
12
Hall
13%
12% Feb
16
14% Jan
12
Hamilton
11%
Jun
72 y2
July
104%
Apr
18% Nov
142
May
20%
Jan
4%
Dec
Dec
81
77
Jan
Jan
5
80% Feb
8
104% Feb
14
107% Jan
3
108%
Nov
23%
Jan
20
Jan
0Feb
145
Jan
149
25%
3
23
Feb
6
27% Jan
12
Jau
7%
Nov
5% Jan
7% Feb
10
Jan
68%
Oct
64% Jan
71% Feb
6Va Jun
5% Jun
10%
Dec
9% Feb
11
9% Jan
6% Jan
19%
Feb
20 y4
Jan
25%
Dec
84
Jan
95 Ya
Dec
30
Jan
98 %
Jan
25
37% Dec
105
32%
Dec
31
42%
Dec
40% Feb
Jan
17y4 Aug
40
Jun
53
49 Ya Jan
122% Feb
131
Sep
26% Mar
45
Dec
53%
Dec
Nov
Mfg
10
41
14% Mar 23
52
Industries
Hayes
Mar
7
44
6
40% Jan 30
53% Jan
4
56
Feb
22%
26%
1
*6V4
100
*71 Vr
common
Dec
51% Jan
6
53% Feb
15% Jan
3
22% Feb
3.65%
Helme
(G
7%
Co
W)
common
9%
7'%
*32%
24% Mar
34% Jan
28%
Sep
27% Jan >16
29 y4 Mar
50%
Nov
44% Mar 10
47% Jan
x24
Apr
100
Jun
94% Sep
9% Jun
30
Feb
34%
Hey den Chemical CorP---
37% Feb 21
125 Ya Feb
5%
13%
14'/4
13%
13%
72 Ya
72%
72%;*
11%
11%
11%
15 Va
15 Ya
4,300
15%
15 %
15 %
15'%
*15'%
15%
15'/a
15%
15%
15!#- "
14%!' '
27% '.,
1,100
Co—
(A)
1
Co
Electrochemical
Co
$4.25
10
Household
Houdaille-Hershey
Mar 22
17
37% Feb 28
Dec
8
Jan
8% Jun
17%
Dec
12% Jan
33% Jun
47%
Jan
35% Mar
Oct
13% Mar
1
8% Nov
11%
Jan
8% Jan
12
1% May
2%
18%
Jan
1% Jan
3
Dec
17% Jan
Feb
10 y4
Jun
9
■11% Mar
9
14%
9
Jan 20
44% Jan
13
26
17
13
3%%
Howe
2
12
11% Feb
21
3 Ya Mar
4
25% Mar 17
5%
&
18%
28"%
45%
28%
29
45%
45
36
35%
119
35%
119
27 Ya
11%
*11%
18'%
29
45%
35
35%
117
117
*14%
14%
15
27%
12
27%
*11%
18%
183%
18%
18 y4
18
*28%
29'%
29
29
29
45 %
34%
45%
34%
45'/4
34%
45%
34%
400
5,900
.
12
I
200
•'
18 Vii'*
29;
45%
34%
45%
34%;
116
116
116
116
114%
114%
105
*104
105
104
104 4
1,100
600
.
3,600
1,200
■
1,320
w.
104%
*103%
104%
*104
12%
12'%
12'/,
12 %
12'%
12'%
12
12'%
11%
11%
11%'i
4.100
50
i2ys
*32%
32%
*32%
32%
32%
32%
32'%
32%
32
32 y4
31%
32%
1,200
t
V
Co
*93
99
37
"
37
36%
36%
36%
36%
36%
36%
36%
99
98
98
98%
99
*98%
99%
*98%
49%
49%
49%
49%
49%
49'/a
49%
49 y8
49%:
47
46 3,,
46%
46%
47%
46%
47
46%
47 W.
49%
49%
49%
25
46'%'
46%
46'/a
c
*
1
*15
16
*15%
16
15%
15%
15
15
———5
;
Manhattan
40
40
39%
40
39%
39%
x33
40
10'%
10'%
10
10%
9%
9%
common—100
preferred
9%
*15
37*..
9%
15
15%
*14%
400
15%
15%
14%
15
*14%
15%
15
37'%
37%
37%
37%
37'%
37%
37
37%
37
37.'/#
14%
14%
14%
14
14%
14'%
14%
14
14%
13%
14
111%
11'%
11 %
1
3
3
2%
No par
25
25
24%
11%
11 y,
3
24%
11%
10%
111%
•
11
11
11
,
9|4'
16'%
37%
14'/,
;
8,500
33%; tr.
9%
37%
Refrigerator Co
- (
15%
*15%
Hupp Corp
4,700
33
9%
100
—12.50
6.66%
60
-
39
& Sm Ltd—No par
Hudson Bay Min
2,100
99%* /
15%
38%
93%
ilO
- -
*98
*36'%, 37
100
_No par
Hudson Motor Car—
Hunt Foods Inc
Hussman
120
14%
27%
11%
*103%
common—No par
of Texas
non-cum
*18%
18%
29'%
14%
27 %
11%
No par
com
Finance
Sound
15
27%
27'%
11%
104'/»
Stores Corp—,—
Howard
Hudson
Mar 13
42% Feb
15% Jan
•
*35 Ya
*14'%
12%
.18'%
45
120
15
27%
130
*103'%
preferred
conv
15
11%
27%
*12
14
No par
Oil
46% Jan
45
—No par
preferred
Houston
Jun
*28%
com—5
*14%
12%
18%
12.50
47% Mar 22
Jun
27%
<
30
Mining
?
15
*27
*12
10
preferred—
conv
*14'%
5
5
—
38% Jan
4%
10
& Sons—,
preferred'
Light & Power
31%
9,600
700
13%
Houston
'
3,300
11%
49% Mar 16
Oct
21%
*71 Yt
46% Jan 13
16
21%
11%
Dec
Jun
900
21%
2,000
■
14%
Nov
12 Ya
53%
45Ya\ '•
72%
$2.25
12
54%..
53
-45%
11%
99 Ya
Feb
54%
53 Ya
11%
Dauch
41%
29%
54%
*71%
*$4.50 2nd pfd series A
9
46
54'/a
*52%
11%
9
38 % Feb
45%
55
14%
11%
"
99% Mar
4,000
'
50
.
72%
10
7
600
53 %'*
126
11%
Jan
31
*
14'%
Jan
Jap
46
53%
126
72%
14
35
22
45%
*54
53 y2
126
14%
14%
34
95% Jan
52%
126
%
43
11%
42 Ya
48% May
44% Oct
14%
72%
28% Jan
86% Jan
Jun
54'%
127 Ya
*42%
15
14%
11% Mar 24
3
22
45%
32%
43
72%
31% Jan
Dec
35% Nov
*45
33»/2
14%
14 %
Furnace
Hooker
19
Jan
*
53%
*126
33'/4
*42%
15%
72%
Homestake
21
104
127%
33%
43
1,00(
14 %
Paper
Hires Co (Charles "E)
7
12
53%
53%
*126
15%
*102 %
5,000
Yu
*72Ya
11%
Holly Sugar Corp.,———:
13
53%
127%
33%
*42 V»
23
1
9
Jan
15%
103
22%
preferred series A——100
Corp—:
5
3'%%
Hollander
32% Jan 13
33%
43
*15%
103
*21%
Holland
101 Ya Jan
600
*33
*42%
16
103
21%
5
109
32%
33%
103
21'%
'
Dec
60
104
22%
5
,
15 % Feb
Dec
200
103%
*103
21%
—
14'% Jan
19'% Jan
Dec
37 %
20%
Inc,
28% Feb 25
101%
*37
20%
Hewitt-Robins
13% Jan. 5
116
38%
53%
25% Jan
11
*37
53'%
&
Mat 24
37%
53%
Hinde
18
37 %
55
25
Jan
37%
*54
16 y, Feb
22%
20
*36%
*52%
4
16% Jun
98%
45%
14% Jan
.4
32
*97%
53 y4
Dec
14
*31'%
98
54'%
15%
11% Mar 21
22%
323,3
93
54%
Hotels
4
22%
32
45%
Hilton
Oct
23
32%
97'%
*52%
6
Sep
8,700
54 Ya
11
Dec
1,000
7%.
52%
12% Jan
15%
9%
7%
32%
43
53%
3G
9%
7%
97 Ya
103
*126
-
71*
71
9%
7%
37%
33%
*126
1,300
•
32'%
*15%
53%
54%
: 127'%
44%
44%
—100
-No par
com
6 Ya
98
32%
*42
43
16V4
22%
100
1,103
•
*67'%
32%
103
33
22%
2,200
25 t
9%
7%
52%
18'/, Jan
Jan
15%
.
,
*15%
21%
6 Va
71%
400
260
148%
6'/4
*53%"
80
29%
21%
13 '/a
78
22
22
*147
*24%
*71
1,200
104%
24%
10
7%
1,400
7,200
.
98
32 Ya
104
*42
common—No par
-
71 %
10
22%
148 %
50
6
Jun
21%
21%
*103
10
common
71'%
7%
*77%
104 Ya
24%
preferred series B_,——50
11 % Mar
Jun
73
9%
7%
13%
78
105%
6'%
•
preferred series A
70% Mar 14
8%
*71'%
9%
7%
32Ya
22'/,
6 Ya
9%
21 %
i
*147
4Ya%
13% Feb
20
S'%
7%
13
105%
4 Ya %
Sep
Jan
6%
9%
100
5% preferred—;
Hershey Chocolate
Jan
12 y4
6%
7%
——5
22 Ya
148 %
25%
6%
73
13
*77%
24%
9%
non-cum
Dec
,
*71%
21%
*147
13%
78
105%
25%
1
preferred-
84%
7
73
22
148%
*12%
*77%
*104'%
25%
2
*36%
12%
10
6%
33
Dec
21%
6%
*38%
Co
8% May
11% Jun
77
22
25
J)
13 Ya
78
105%
*147
26
.>97'/a
'
18
22%
148'%
98
1H
*12%
*77%
*104'%
22
26
31%
Heinz
78
105%
*147
'•
*97y»
3
Jan
13%
15
.8
52%
13
*77%
*104'%
143 Ya
Powder
21%
13
78
105%
*26
Hercules
51% Nov
14%
*12%
preferred
25
Motors——,——-No par
Xl3% Aug
14 % Jun
23%
14%
*22
Hercules
11
33%
23%
14% '
*147
3
46% Jan
33
23%
*14%
10
54% Mar 13
127% Mar 13
23
34%
23%
143%
100
Mar 10
20% Mar
34%
23'%
14%
3%%' preferred-
6
33% Mar 16
3
Jan
9
33%
23%
14%
Hecht Co common,
Mar 23
Jan
33%
23'%
14%
100
Inc
Glass
33%
23%
14%
com—No par
Corp„
Hazel-Atlas
32%
23%
14%
*77 Ya
preferred-
Hayes
33
23%
14%
*104%
Marx—
America
7
106% Jan
Mar 20
13 V»
12o
4%%
of
10
98
23% Jan
34% Jan
Dec
Corp
33
23%
14%
100
,
&
33%
23Ya-
pfd—No par
$4.25
Eefrac
Jan
33 Ya Mar 16
Feb
36% Mar 15
103
Oct
Hat
*33
com—No par
preferred
Schaffner
24'/, Jan
25% Jan
93%
Co
8% Jan
21% Mar
Dec
(M A)
6%
Co
preferred
conv
Hart
21
61
Watch
Harbison-Walk
147% Mar 15
23% Jan
Dec
4%
Hanna
25
Cementing—5
Printing Co—
5
(W F)
5,100
15%.
V:
1.100
:
■
'■
11%#:
2%
2%
2%
2%
2%
2%
2%
3
24 %
24%
23%
24'%
23%
23%
23%
23
6,600
5,800
12,200
8,700
8.400
.
3,100
•*
Range for Previous
STOCKS
Year 1949
;
Range Since Jan. 1
Highest,
NEW
.
Lowest
tper share
Highest
Lowest
YORK
LOW
STOCK
Saturd»v
-
EXCHANGE
Xper share
X per share
X per share
•
Par
AND
HIGH
Monday
Tuesday
Mar. 20
X per share
I per share
X per share
SALE
Mar. 21
Mar. 18
"
PRICES
"Wednesday
Mar. ?2
Thursday
X per
Sales foi
Friday
Mar. 23
X per share
Mar. 24
share
£
the Week
X per share
Shares
I
31% Jun
22%
Feb
73
Jun
36%
Dec
35% Feb
8
Dec
34 V4 Jan
25
39
Jan
20
Dec
92
Feb
15
98
Jan
3
Jan
36%
100
94V2 Jan
XI
97
Jan
20
37% Jan 20
41% Mar 23
56% Jan
4
95
Jun
20
Jun
34%
Dec
34
Jan
25
25% Jan
37%
Nov
36% Jan
13
Jun
55%
Nov
53% Mar 24
7% Sep
21% Jan
10 Ya
Jan
40% Mar 15
8% Mar 10
51 Ya
96
29%
Dec
Jun
8%
Jan
33% Mar
53 V4
Dec
4
55
Jun
155
Jan
30
May
11% Jun
8
Jan
72%
165
Oct
-
28% Jan *3
7
Jan
4
44% Mar 24
66% Feb
25
Apr
163
Jan
6
41%
Jan
38
Jan
26
18 y4
Jan
13 V4 Mar 24
10% Dec
10% Mar. 6
12%
Apr
18%
Dec
16% Jan
16
86%
Jan
95%
Dec
92% Jan
31
1
Jun
9%
Jun
Xl45% Jan
22% Jun
164 Ya
Jan
5% Feb
24
Jun
73%
Jan
3% Feb
25%
133
Jun
Dec
33% Dec
94
Jan
4% Nov
2%
13%
234
Jan
Jan
1% Jan
25
12% Jan
13
Dec
29%
212
Dec
26% Mar 21
177% Mar 23
180% Dec
10
Dec
34%
Oct
86%
Oct
6%
Jan
9% Jan
32
Dec
3iy4
143
Feb
37%
Dec
103% Nov
7%
Jan"
Jan
84
Jan
6
Jan
4
12
Feb
Feb
5% Feb
33% Mar 23
9
Jan
19
51% Jan
5
71
2
Feb
172 y8 Mar 24
40% Jan
15
9
Jan. 12
11
Jan
>5
'20
Feb
18
96% Mar 22
2% Jan
11
14% Mar' .4
235
Feb
3
28% Jan
14
181
12
Jan
16
Mar 22
36
Feb
4
4
88
Feb
24
4
24
33% Jan 25
104
.♦
4
28
25 Ya Mar 22
130% Feb
9% Jan
1
14
7% Mar 16
29 Ya Jan
135
10
Mar 24
39% Mar 23
106% Jan
10
6% Mar 20
59% Feb 27
Idaho Power Co„_1
Illinois
6%
Central
-Leased
—20
RR
non-cum
lines
common_100
pfd ser A—100
4%
*99%
*35'%
*38'%
38%
*55
55%
4.70% preferred—
Illinois Terminal RR
—50
Co
24
34
Jan
13% Jan
14
9
Mar
3
Nov
29% Jan
30
36% Mar 23
Jun
32
Jan
27% Jan
5
136% Aug
31 '/•» Mar 15
148
Feb
24
*
136
Mar
1
141
Jan
3
250
12.100
500
8 %
8%
3%
3%
8%
32%
32%
33%
32%
33 Ya
7%
Via
7%
*7%
8 V
1
47'%
43%
47%
45%
46'%
46
47
46
47
No par
44%
45%
4,400
*68%
69%
69%
69%
69'%
69
69'%
69 Ya
69%
69%
69 y4
1.700
Industrial Rayon
Ingersoll-Rand common
6%
preferred
Inland
Steel
i
100
Int'l
Nickel of
172'/a
20
39%
39%
6,000
13%
13%
3,500
*10%
10%
*10%
18%
18%
13%,
10%
2,700
96
96
26%
*178
11'%
33%
*85
1
7'%
com__No par
100
26
*133%
7.50
No par
Dept
37%
*105
1%
14
10%
18%
*96
1%
14'%
231
1%
13%
230
10%
10%
10%
10%
19
19%
19
19'%
19
19%.-
96 Ya
96%
96
96'%
96
96
1%
13%
231
1%
13%
230
1%
13%
230
1%
13%
230
1%
*1%
14
13%
231
229%
230
1%,,
13%
1.700
27
35,400
26%
26%
26%
26%
26%
26%
26%
27
26%
178%
178%
177%
178'%
177%
177%
177 V*
178
177%
11%
11%
11%
11%
11%
11%
12
U%
12
11%
11%
27,200
33%
33%
33
33%
33
33%
33%
33%
33 %
1,700
88
87
33%
87 '
33%
88
*85
88
7%
7%
7%
2 6'/a
25%
26'%
134 y8
134
134
*85
7
25%
134
88
7
25%
134%
*85
6%
25%
134%
37%
37%
38'%
37%
38%
38%
105'%
105'%
*105'%
105%
105%
6%
56%
59
*41'/a
41%
*50'%
51
6%
6%
56'/4
57'%
57
57
59
58'%
58%
*58
41'%
41
41'%
51
49%
50'%
*57%
41'/a
*50%
38
*34'%
38
6%
*35
6%
38
*85
7
26
105%
*6%
88
6%
25%
134%
39%
106
*134y4
39
105%
7
26 y8
135
177%'v
100
6%
7
7,700
26
47,000
135
135
120
39%
38%
39%
49,300
105%
105%
105%
500
*6%
6%
*6%
56 Ya
57%
56%
56 Ya
57
57 %•
59%
58%
58%
58%
58%'
41
41%
40%
41'%
40%
40%
49%
49%
49%
49%
*49%
49%
35
*34%
38 <■
*35
38
35
6%
6%
6%/
11%
11%
11%
11%
11%
11%
12%
12
12%
11%
12
19%
19%
19'%
19%
19%
19'%
19'%
19%
19%
19%
19»,4
19 %"
*22%
23%
22%
23 y8
x22%
22%
29%
*137
1,150
400
2.000
400
11'%
5
l
3,200
1,700
50c
preferred
•
.
par
*33
670
25%
No par
No par
common
1,100
5,600
230
26%
—25
Stores
900
13'%
97
178%
56'%
*34 Va
11
19'/a
97
231
No par
common
"Intertype Corp—
$6
1%
*57%
25
Coal
18%
14
loo
preferred
Creek
*10'%
*96
232
No par
International Telep & Teleg—No
International Utilities Corp
Island
11
1%
13 %
*230
Int'l Rys of Cent Amer com—No
par
Interstate
172
39%
13%
100
Corp
preferred
7%
175
39%
13%
'
Preferred
International Silver
*170
39%
,13%
5
com
International Paper Co com
$4
175
39%
13%
—100
Canada
"170
39%
13%
No par
'4%
Int'l
175
39 %
13%
No par
common
preferred—'
International Mining
*170
40'%
13%
iNo par
Chemical
175
39%
1
preferred——
&
*170
14
Hydro-Electric Sys class A—25
Minerals
175
300
40
No par
1
*68%
5.500
9,300
39%
'
100
Machines
Harvester
7%
Int'l
Int'
iron
Business
x
8%-.,
5
preferredIntercontinental RubberInterlake
^
*13%.
No par
4'%%
Int'l
*170
46
8%
Or
J
20
Co
Inspiration Cons Copper
.
Insuranshares, Ctfs Inc—
Interchemical Corp common
7
20% Jan
40%
53%,-
*7%
36
24
40%
53%
32%
4
3
41%
54
7%
54% Feb
4
36 Ya—
8%
49 Ya Mar 23
17
*53%
1,700
101
32%
International Shoe
9'/»Jan
40%
54%
*35%
8
5%
preferred—
International Salt
17% Feb
40%
54%
*99%
36
*7%
28
20% Jan
39
55
101
2,500
11,900
7%
58% Mar 21
Apr
38%
55
36
94
8%
46% Jan
Dec
36%
55%
35%
37%
94
32%
3
Aug
*99%
38%
35%
38'/#
37%
8%
7
23
/-
38%
*55
35%
37%
*7%
14
11%
101
35%
"
38%
32%
49% Jan
20
*99%
35%
*35
38
95
8 %
55% Feb
Feb
37%
37%
95
7%
40% Feb
Jun
101
38
37%
32'%
Feb
July
*99%
37%
37 Va
*92
8%
Feb
7%
95
*7%
71
18 y4
101
3738
32'%
61
14
*99%
36 Ya
38%
36%
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—
46% Oct
57% Jan
Mar
101
38%
*92
5
Jan
13
94
_1000
series
Jun
Jan
38%
37%
94
.,-100
ctfs
Nov
33
38%
37 %
No par
stock
43
Jan
38'%
37%
95
A
RR
41
34
a
37%
*94
Illinois Power Co common
50
38% Jun
30% Aug
381
Co
conv
?
81,400
3.200
22%
22%
22%
22
22
33%
33
33
33
33%
33%
34
34
36%
36
36%';.
7,700
30
30
30%
29%
30
29%
29%
29
29%
28%
29 V-
139
4,100
*137
139
*137
22%
139
*137
139
137
137
*136%
600
-
137 % v
30
f
2Va
Jun
7%
Dec
11% Jun
18%
Jan
81
Jan
94
Dec
44
Jan
59%
Oct
95%
Jan
105%
Dec
30%
Jun
29% Jun
102
Feb
50 y8
6% Feb
14% Jan
14
5
92% Jan 25
56% Jan
3
104
Jan
.3
Dec
45% Feb
54% Dec
109
Dec
Jan
3
108% Feb
2
48
9
7% Jan 11
17% Mar 16
95
Mar 21
70% Mar
107% Mar
3
1
49% Jan
3
56
Machine
Co
Jersey Cent Pwr &
Jewel Tea
3%%
Co
Inc
—_
Lt
4%
Jun
33%
Jan
73
27% Jan
13
Jun
31% Mar
4
86
Jan
81% Jan
13
87% Mar
40% Mar
6
30 Ya Jan
13
34% Mar
6
6%
.No par
*17%
17%
*94
95
f
d„100
common—
No par
preferred
-
6
Feb
109 % Mar 20,
21
30% Dec
1
Jaeger
Johns Manville Corp
com
100
66%
*104
.No par
49
•——12%
4%
2nd
preferred ser
Jones & Laughlin Steel
5% preferred series A
100
*54%
*109
.No par
6%
6%
66%
105
-
17%
?■ *94
6%
6%
17%
*17%
95
*66%
105
66%
105
6%
*66%
66%
66%
66%
66%
66%
66
66 %" *
*104%
105 Ya
104 y8
104 y8
*103%
104 Ya
48%
49 %
48 Ya
55%
55%
*55%
109%
30
87
87
31%
32
31%
31%
Ya
30%
5,900
95-*
55
109%
7%
95
49%
30%
6%
*1634
95
49
87
7 Ya
17%
95
55
109 %
6%
17%
95
49%
*30%
7
17%
95
55%
*86%
Joy Manufacturing Co_.
6%
17%
95
95
*109
30%
*86 y2
31%
109%
*109
49
*16%
104%
1733
300
120
104 Ya
60
49
48%
49./
55%
*55
553/4
55%
55%%
109 »/2
*109
109%
48%
30%
30%
30%
30%
31 Ya
87
86%
87
86%
86 Ya
31%
31%
31%
31%
313/4
109
30%
*86
31%
'
109
30%*
86%31%
1,300
12,300
1,100
80
10,000
260
5,900
K
8% Jun
94% Jan
100% Feb
x34% Feb
52
Jan
14% July
12%
Jan
102
Aug
105%
Nov
9
Mar 24
98% Jan 25
104% Jan
9
49%
Dec
46% Jan
Dec
59% Jan 26
12
102
Mar 24
107% Mar 14
55% Mar 23
64
Feb
16%
Jan
10% Jun
14%
Jan
12
17%
Mar 23
23%
Dec
20% Jan
13
22
Dec
16% Jan
30
18% Jan
Jun
Xl3% Jun
19%
For footnotes
see
page
10
Kalamazoo
Stove & Furniture
10
City Power & Lt Co—
3.80% preferred-L—
—100
Kansas
62%
17% Nov
11% Jan
20.
3
19
Mar
13% Jan
16
69
Mar 16
9
4%
cum
Kansas
preferred
J—100
City Southern
com__No par
1
*9%
10
9%.
*100%
101%
101
*107
108'/2
-107
53'%
53'%
9%
*9%
9%
9 Va
9%
101
*101
102
*101%
102
108%
*107
108%
*107
54%
54 Va
61 Ya
*61%
9 '/a
9%
101%
101%
102
2,900
102
40
108'%
*107
108'/2
*107
103 %
54%
54%
54%
55
55%
55
55%
62 %
62 %
500
100
Kansas Power & Light Co com-i8.75
(Julius) & Co
5
62
54
61%
62
62
62%
*61%
62%
18Va
18%
18'/a
18%
13 %
18%
18'/a
18 Va
18%
18 Ya
13%
*12%
6,200
12%
Kelsey Hayes Wheel
12 y4
12%
class A—1
*12 y4
12%
12 Yx
12%
12
12%
*12
*21%
12 %
1,700
21%
21%
21%
21%
21%
21 %
21%
*21%
*21 Va
900
17'/4
21%
21%
—1
17%
17%
17%
17%
17%
17'/a
17%
11 Ya
17%
17%
17%
2.200
4%
non-cum
preferred
Kayser
Class B
conv
*61'%
18 %
6,^00
Volume 171
Number 4893
COMMERCIAL &
THE
Range for Previous
STOCKS
Range Since Jan. 1
Year 1949
Lowest
Lowest
Highest
9 per share
$ per
share
40
Jun
56%
Jan
39
Jun
48 ft
Nov
NEW YORK
Highest
$ per
9 per share
50
16% Nov
15% Jan
25 ft
Dec
24
Jan
19ft Feb 18
29% Mar 24
Jun
107ft
Dec
106
Jan
4
10ft Jun
16 ft
Dec
15 ft Jan
18
Feb
17ft Jun
90
62
Mar
25%
30
8
119
Mar 23
69 ft Jan
72% Dec
Jun
Jan
47ft Feb
3
13
14
16% Feb
71% Feb
Jan
28% Jan
13
98
Jan
93 ft Jan
9
x35% Feb
Par
preferred
43
Dec
40ft Jan
27
42% Jan
Kresge
Feb
62ft
Dec
55
Feb
20
62*
Kress
43
Jan
60% Dec
59ft Jan
16
657/b Mar 20
'
-
•
Jan
8
Oct
6
Jan
6% Feb
15
3% Feb
11
7ft Jan
3
Laclede Gas Light Co
La Consolid 6 % pfd
3ft
Jun
17ft
Jan
22%
I*""
20% Mar 21
22% Feb
6
Lambert
9% Jun
11%
Dec
10ft Mar 20
12 ft Jan
9
Jan 25
47 >/a Jan
25
.Jan
47
Oct
46
19%
Jun
26'/a Jan.
37
Jan
45 ft
Dec
16ft
Jun
22%
Jan
20
Jan
90ft
Jan
98
May
94
Jan
4% Jan 12
3
24
6% jun
3%
15
Jun
Jun
Lane-Wells
47% Mar
7
Lee
23% Jan
9
Lees (James)
Jan
7% Jan
3
44% Jan
4% Jan
3
Jan
3
Jan
Jan
1% Jan
17
Jun
8'ft
Jan
Jun
56%
Dec
8ft Jan
10
50% Jan
'
7
Mar
6
2ft Jan
3
Jan
54
Feb
99 ft Mar 23
27
4%
21
4
Jan
4
10
30
4
6ft Jan 30
Jan
13
x57% Mar 23
Dec
11 ft
5% Jan
10 ft Jan
23
11% Jan
Sep
21.% Mar 10
24 ft Jan
61 ft Mar
66% Mar 23
20 ft
Feb
26'A
44%
6%
Jan
64
Jun
Dec
8% Mar
34ft
Jun
72%
Apr
.
1.
10
9
8ft Mar
7ft Jan
3
37% July
35% Feb
8
37ft Jan
18
91ft
Oct
83
Jan
27
89 ft Jan
3
2
3.85%
Lehigh
Lehigh
Lehigh
Lehigh
Valley RR—
Lehn &
45%
46
46
46 '/4
46
46%
19%
19%
191/4
19 ft
19%
19%
19'/4
19'ft
29%
116%
29
116%
17 V*
*16 ft
70 ft
70 ft
30 ft
30%
30%
30
*94 Va
95-
94 ft
95
■
41%
41%
57ft
57ft
*56 ft
65%
119%
*16 ft
17 »/4
*16%
17 ft
70 ft
*70
70'/a
*70'ft
70 Va
70 ft
70 ft
110
6,400
119
119
29%
30%
30'/a
30 ft
30
30 ft
29 ft
95
95
94 ft
94 ft
94 ft
110
94 ft
Va
41%
41%
41%
41%
42 Va
41%
56 '/a
56 Va
55'/a
55 ft
55
55
64%
65%
65
65 ft
64'A
65
65
160
42
56ft
65
41
:
4,700
,
29%
95
56'/a
65%
66
29%
*118 ft
171/4
*94
41%
57%
*65%
V
117 ft
*16 ft
29%
ft
41%,
"
117 ft
17'ft
*70
•
116ft
*16'/a
70ft
.
29%
30,100
1,300
1,600
116ft
17 ft.
*70
29%
29
29 Va
29
29'/a
29
116%
*16 ft
4,900
Va
1,100
2,000
65 ft
Jun
16ft
Feb
14ft Jan
18% Aug
Jun
,15ft Jdn
19 ft Jan
Jan
76
Jan
75
18 ft Jan
81
13
.
25%
Oct
22 ft Jan
6
Dec
25ft Jan
27
28
172 ft
Dec
167ft Mar.10
174
Jan
32
Jun
Dec
30% Jan
Jan
34 ft Jan
Mar 16
25% Mar
11
41ft
6
3
6
Mar
4
Jan
19
35% Mar 21
'40% Mar
4
Lone Star
7%
—No par
*46 ft
47 ft
21ft
21ft
21%
99 Va
99
99
8
49
5ft
2
5%
18
5%
.u
5 ft
17
99ft Jan
5
4 ft.%
20% Jan
18
Lukens
preferred series A_
Steel
*5%
26
47'A
21%
21%
217/a
21ft
09 ft
*98ft
100
7%
48%
48%
5%
5%
8
7%
*48 ft
48%
5%
5%
2
2
2
2
18%
100
1%
18'A
18%
18%
Xl7%
X57
5%
*5%
5%
*5 ft.
57
57
57 ft
57%
57%
10'A
10 ft
10% '
10%
♦10 ft
10%
22%
22 ft
22 ft
22
22%
21%
65'A
65 ft
65 ft
65 ft
65%
65 ft
5 ft
5%
57%
10ft
57'/4
*10
8
8
7%
8%
*64%
29%
8%
65%
30
NEW
2,500
99'/a
*99
8
48%
5%
2
17%
5%
7%
7%
5,200
48'A
48%
700
5ft
5%
JO'/a
10'A
10»/a
10'A
22'A
21%
22'/a
22
22 Va
7,400
65%
66
66%
65%
66 Va
7,500
7%
7%
9,600
36 ft
1,100
88
8,100
7%
8
8
36 ft
*35%
87ft
88%
88
88%
88
88%
87 Va
185ft
185ft
186'/a
185 ft
66
30 ft
30 ft
185 Va
186'A
185 ft
Va
50'/a
*50'/a
8%
51
e»A
8%
8'A
50
8%
51
.
30 ft
4,700
1,100
170
185 ft
300
50
50
8%
8'A
8%
66'A
*65
900
57
35%
51
3.500
'
5'/a
57
36 ft
1
5,700
57%
36
8%
7,900
7%.
17%
36
51ft
*65
5%
1%
17
35%
185ft
8%
40
100
88
*50
1,300
66
66
65'A
65 Va
65%
30%
31
30%
31
30'/a
31
19 V4
19%
19%
18 Va
500
65%
30'/a
13,600
19 ft
13,200
3,900
19'A
18%
19'/a
19'A
19 ft
80 Va
80 Va
79'A
80
81
81
*79%
82
27
27%
*79'A
26%
81
27%
27%
27%
28%
27%
28'/a
27%
28
13,800
16%
16%
16%
16%
16%
16%
16%
16%
16'A
16s/a
10'A
16%
33,300
80'A
80'A
79%
80
80
80
80
80%
80'A
81
79
80
25
25
25
25
25
25
25'/a
25'/a
25 Va
25 ft
25
25
»A
1,200
27%
27%
27 ft
27 ft
27 ft
27%
27%
27%
27%
27%
27'A
27%
4,100
168 Va
168 ft
168 Va
168%
168 Va
168'A
35%
35%
35 V4
35 ft
4,200
38%
22%
39
38'A
38%
2,900
22 ft
23
4,500
•97ft
99
19
*168
168'/a
19'/a
*168
168 ft-
168
*79%
168
35'A
35'A
35 ft
35%
35 ft
35%
35 ft
35%
*38%
...50
39'A
39
39 Va
38%
39'/a
38%
39
24
24
*23%
24'A
*98
J
10
600
21'A
27'A
'
100
Co
26'A
47%
2lft
7%
77/a
12,400
26'/a
36'/a
185 ft
7ft
*46%
21'A
8
99 Va
*98 ft
18%
18%
18%
100
18%
STOCKS
Range Since Jan. 1
Highest
9 per share
5%
2
26
47
8ft
8
*48%
18%
*46
26
46 Va
65 ft'
t
Lowenstein. (M» & Sons Inc com—1
Lowest
s per share
*98 '/a
5%
2
18ft
47 ft
Va
46ft
"
23
Highest
21%
48%
*4'
46 ft
♦46
8ft
8
48%
7
4
22 ft
■
Louisville Gas & Elec Co (Ky) No par
18ft Feb
Year 1949
9 per. share
_100
Louisville & Nashville
'/ ..Range for Previous
Lowest
47 ft
*25
7ft
4
57
Cement Corp.——Nopar
preferred-———
97% Feb
28
*46
25 ft
47'A
7
7ft
7
25 ft
47 ft
2
(Md) A—No par
Lorillard (P) Co common
_1G
22 ft Mar 24
27% Jan
47 ft
25 Va
25 ft
47
5 ft
Long Bell LUmber
Oct
'
*46'/a
*46 Va
25'A
17%
Co———U_j.No par
Co__u——No par
Loew's Inc—
Sep
25%
47ft
47 ft
25ft.
51 Va
21 ft Mar
100
Jun
2,000
*98
Liquid Carbonic Corp com„.iNo par
27%
,
31% May
Jan
Dep
16ft Mar 23
10 ft
21ft
3ft% convertible preferred™100
Lockheed Aircraft Corp————1
29% Feb 27
10 ft
186 »A
Mar 22
81
13
10%
,*50ft
Belt
13
10%
*185%
5
—_
Oil
73,
Jan
23% Jan
10%
■i
Corp
Lion
Dec
10%
88
Link
Jan
10 %
87%
7
78
10%
47'
-No par
9
25 ft
10%
8
11
3
10 ft
*48 ft
31% Jan
17ft Jan
2,100
10%
*46'/a
1
100
21ft Jan
60ft Mar 2
28ft Feb,27
21%
87%
Lima-Hamilton
Oct
21%
Liggett & Myers Tobacco coin
-25
7% preferred '——
i___l00
Lily Tulip Cup Corp——UNo par
2
Dep
21ft
36%
15
17% Dec
600
21ft
36%
9% Feb
66% Jan
■33%
4ft
21'A
*36'A
52 ft Feb
X67
*3%
20%
7ft
4
5
17
Jiin
4'/a
21%
7
7%
11
"Jiin
4'A
207/a
7ft
7
Jan
13 ft
*3%
21 ft.
25
Libby McNeill & Libby—
Life Savers Corp—
a—.
Jan
52ft Jun
4
21
10%
!
No par
Libbey Owens Ford Glass.
8,ft Jan .25
186 ft Mar 23
7\
4ft
21ft
7'/a
1
—5
Lerner Stores Corp—
45
10ft Jan
7ft
*3%
21ft
.
_No par
Fink Products.
182.
-
46
19 Va
.
Sep
15
*45%
Va
Valley Coal com—
__1
$3 non-cum 1st preferred—No par
50c non-cum 2nd pfd
No par
Lehman Corp (The)
—1
Dec
20%
45%
19
.10
Coal & Navigation Co
Portland Cement
49
95
45%
19%
5
;
cumulative preferred-
186
23%
45%
Shares
50%
& Sons Co common__3
Jun
153
50
1_50
:
;
*
Feb
x60.
51 Va
*115 ft
—_j^No par
Tire
&
33
x6% Jun
/
50 Va
Nopar
Co.
Rubber
170
19
51%
"
75 Pesos Mex
preferred
26 ft Mar 24
Dec
24ft
4Vs%
19
25
x41%
8ft
_No par
(The)
40% Jan
ll%
: Jun
Co
'22ft Jan
»
49%
5%
Jun
.1%
50%
4
Lane Bryant common
33%
52
-t,
■
4% Jan
43
51 Va
28%
( S S) Co—_10
(S H) & Co—
\
No par
—
share
Sales lor
the Week
$ per share
52 Va
100
Kroger Co (The)
$ per
Friday
Mar. 24
Mar. 23
,
*19 Vs.
47c conv 2nd preferred—!
100
Kinney (G R) Co common
•
—1
$5 prior preferred——a——No par
Koppers Co Inc common
—10
4%
Thursday
Mar» Z'i
9 per share
51 ft
.No par
com
Wednesday
Tuesday
Mar, 21
9 per share
9 per share
*45%
_5
_
Monday
Mar. 2©
52 ft
52
.No par
48%
,:
*
Kimberly-Clarke Corp
*
8
9 per share
_No par
Keystone Steel & Wire Co
Mar
96
Mar. 18
Kennecott Copper
Kern County Land Co
31 ft Mar
31%
90 ft AUg
,
Saturday
share
55
(1271)
LOW AND HIGH SALE PRICES
STOCK
EXCHANGE
Ma? 24
45% Mar 1"
lift
FINANCIAL CHRONICLE
23%
24
23%
23%
98
98
98
98
18'/a
19
18%
18%
*97 ft
18 ft
82
23%
99
18%
ft
40 0
3,700
110
150
18%
18%
1,300
LOW AND HIGH SALE PRICES
YORK STOCK
Saturday
EXCHANGE
Mar. 18
■
I per share
Por
/ I
per
share
Monday
Mar. 20
I per share
Tuesday
Mar. 23
Mar. 22
$ per share
Friday
Sales for
Mar. U
the Week
Thursday
Wednesday
Mar. 21
f per
9 per share
share
9 per share
Shares
12 ft
600
M
9ft
Jun
31 ft
9ft
Oct
Apr
42
Dec
38% Jan
3
Jan
131
14 ft
139
Oct
135 ft Mar
3
Jun
Jan
10%
Jun
5
6ft
13
7
Jan
Dec
Jan
,20
19%
525
Feb
Jan
Jan
Dec
9ft Aug
Mar
13% Mar
11
Dec
15ft
Jun
18%
Dec
6ft
Feb
10%
17ft
Jun
25
Apr
Dec
6ft
Jan
Jan
5
,/*12%
13%
MacAndrews & Forbes common__10
*39 >A
40%
18
6%
Jan
17
Mack
32 ft Jan
9
14
5
25
105
Jan
10% Mar
15% Mar 15
17ft Jan
20
6
9
10% Jan
3
20
Feb
11
Feb
17
550
Jan
9
7ft Jan
4
9
Jan
7
530
M & M Wood
138% Jan
16
9% Jan
X103
6
41ft Mar 24
30% Mar 22
104 ft
Jun
Jun
11% Feb
33%
8ft July
430
28
i5% Jan
27% Jun
95ft
11% Feb
8% Mar 24
Working Co
preferred
Trucks
Mandel Bros
11
23
Manhattan Shirt
8% Jan
11
Jan
3
31% Mar 11
8% Jan
3
x9ft Mar 15
18 ft Jan
4
16
5
——
lift Feb
6
13% Jan
Jan
13
63 ft Feb
3
14% Mar 23
16 ft Jan
9
Master
48
Dec
47ft Jan
55
34% July
170
Feb
179
Aug
38
Jun
49
89
Jan
98%
175
13
Mai 22
Feb
3
Dec
46 ft Jan
30
50
Feb
9
Dec
98 ft Jan
18
100
Jan
12
178
Jan
18
.
Electric
Mathieson
7%
—_1
li
Co
Chemical
Corp—-No par
1O0
preferred
Stores common
—5
preferred
—Nopar
May Dept
$3.75
89
Jan
98
Dec
97 ft Jan
4
100
Jan
30
80
Feb
88
Dec
87
Jan
10
90
Feb
18
Mar 16
Maytag
13
—
$3.40
7 ft
12 ft
Dec
30
May
45
Dec
11% Jan
42ft Jan
110
Jan
113
Sep
110% Mar
19 ft Mar
25
Jan
Jun
3
15
$3.75 cum pfd 1947 series—No par
cumulative pfd——-No par
51ft Mar 22
$3
Co common—,
Nopar
preferred——Nopar
20
$6
1st cum
112
3
;,Jan
90
Jan
36%
24% Mar 17
McCall
23 ft Feb
McCord
40
30 ft Mar
16
20% Mar 11
42
21ft Feb
Mar 22
Dec
33 ft Mar 24
Dec
100
100ft Mar 11
29ft
Jun
45 ft
Dec
43 ft Jan
24
Feb
34
Apr
30ft Jan 14
27
•
Feb
36% Mar
103% Jan
27
28
3
18
52% Mar 16
36
Mar
1
41ft Jan
30ft Jan
60%
NOV
52 ft Mar 24
58
Jan
3
41ft
Dec
38% Jan
13
4*>% Feb
10
92 ft May
19 ft Feb
102 ft
Dec
99 ft Jan
25
Dec
23% Jan
23
xl3
25
Jun
17 ft Mar
102% Mar 20
26% Jan
9
13% Jan
3
July
17ft
Jan
14% Jan
3
18% Mar 22
70% May
28% Jun
93 ft
Nov
82
Jan
5
91
Jan
34 ft
Oct
32% Jan
6
38
Mar 22
20ft
27
Dec
25
Feb
10
12 ft
Jan
7%
Jun
13%
Jan
11
Jan
3
34ft
Jun
49
Jan
42
Jan
13
12%
Jun
15 ft
July
14ft Jan
16
7ft Mar
8%
Jan
7ft Feb
7
13
27
Apr
43%
Dec
39% Jan
90
Jan
99
Dec
96
105 ft May
18
130 ft
Dec
23ft
Jan
40
Dec
July
30 ft
Jun
97ft
105%
Jan
Oct
Mar 21
16
Jah
27% Jan
9
24
9
12% Mar 15
44
16
Jan
12
Mar 17
7% Jan
3
43% Feb
3
Jan
18
98
Corp
Corp
Nopar
preference
Nopar
common-————-3
—_—.t————50
Preferred
McCrory Stores Corp common—1
3ft% convertible preferred—100
18
43% Mar 17
105% Jan 20
23
109 ft Jan
9
Co
Inc_
Mesta
Machine
Co—
.——5
Metropolitan Edison 3.90%
4.35%
preferred series
124 ft
July
Jan
5
139% Mar
lift Jan
3
14% Jan
pfd_100
100
_5
104
Dec
96 ft Feb
15
101
108
Dec
Mar
10ft
Jun
14%
Jan
12% Feb
67ft
Jun
80
Feb
76
Feb
1
24
1
Jan
108% Jan
15% Jan
81
Jan
Jun
For
22 ft
footnotes
Nov
see
18% Mar 20
22% Jan
32 ft Mar
16ft
34% Mar 20
page 20.
9
.
53 ft
54 ft
54 ft
179
*177
*177
59%
*102
*25%
14 ft
.54
49
179
49
491/4
49 ft
49 ft
49%
99
no
99
99
98%
99 %
110
98%
220
*177
48»/a
49
98%
*98 ft
99
99 ft
99%
*99 ft
100
99
99 ft
*98%
99 ft
90
*88
90
88
88
*88%
89
14%
14%
51
110%
niojs
24%
24 ft
22 ft
22%
41 ft
40 ft
40 ft
102
*98 ft
Steel Prod common
1st preferred
—
Minneap & St Louis Ry—
3.20%
conv
_,
14 ft
■*11041
14%
15
14%
*51 ft
52
*51 ft
51%
110%
*110JH
110%
*11043
110%
23%
23%
23 ft
23%
110%
22 ft
22
22
22
23 ft
22
40
41ft
41
41
24
33%
34
23'/a
102
101%
23 ft
101%
1,900
*100%
51ft
51ft
2,100
51%
ft
51'/a
52
35
53
53 ft
52'/a
41%
*41
41 ft
40%
41%
103 ft
*102
103 ft
*102'/a
24%
24 ft
24%
14%
18%
14
14
*102
18%
90
*88
89 ft
38
40
25 ft
25%
25%
26 ft
15 ft
7%
*7ft
7%
12'/a
12 ft
12%
43'ft
43 ft
43'/a
43 ft
43%
44
15 ft
15 ft
15 ft
15 ft
15 ft
15%
15%
15 ft
ft'
7%
7%
7%
*7%
40 ft
41ft
*7
41%
40 ft
40%
97
40%
*96
96
96
124 ft
124 ft
22 ft.
ft
123
*22
123
22%
41
8
41ft
*95
97
*95
97
*122
125
*122
125
25%
26
11 ft
12%
*7%
40%
*95
500
4,900
100
89 ft
38 ft
43%
12 ft
*43
26%
12%
100
3,900
18%
18'/a
*88
*37 ft
1,200
2,500
103
*37'/4
26'/4
12%
8
40%
97
•
300
6,700
6,700
fc
210
4,200
500
4,200
100
126
100
22 ft
22%
23'/a
23'/a
23
23
1,500
41
41%
40%
41
40%
41%
2,700
42%
42 ft
43%
41%
103% 103'ft
*107% 109%
*14
14'/a
*103 ft
104'/a
*103 ft
104 ft
*104
104 ft
*107%
109 ft
*107'/a
109 ft
*108'/a
109 ft
*42
18%
18'ft
43%
500
53
41 y8
18'ft
100
34%
*34
*341/4
*52%
89
12 ft
12 ft
22
51%
35
53
*34 ft
26%
*43
250
34
37%
25 ft
22
41
101
90 ft
17 ft
1,300
1,300
23ft
21%
*40 ft
34
101
36 ft
15 ft
42
*14%
400
101
34
100%
36 ft
*35%
3,900
14%
51ft
36 ft
92
20
15
14%
51ft
*110 JS
41
23%
21%
*40
2*100
89
*88 ft
14%
*89'/a
17%
17
179
42
*104
*
108 ft
*121ft
104 ft
109 ft
*104
104'/a
♦108 ft
13ft
50
109'/a
2*600
14
14
13%
14
13'/a
13%
42 ft
41%
42%
42
42 ft
42 ft
42%
13 ft
42%
13%
42%
43%
43
43 ft
19ft
19%
19%
19%
19'/a
19%
19%
20
19%
20
19%
20
31
31ft
31
31ft
31%
31%
31
31ft
31%
31%
31 ft
31'/a
*134
135 ft
135 ft
134'/a
134 ft
20
12%
12%
12%
1,900
10
*9%
69%
9%
1,700
2,800
.—5
100
Nopar
No par
Minn-Honeywell
*7%
41%
14 ft
*89 ft
*177
51'/a
14 ft
*51
34 ft
33%
101
15%
*96
97%
*126
128ft
22%
22%
179
49%
51
1,500
4,000
54%
*177
49
*88
60
14%
14 ft
54%
55
179
98 ft
24ft
22%
12%
43%
60%
14%
54%
130
Nopar
Regul common—3
pfd series. A
100
Minn Min & Mfg common
.Nopar
$4 preferred
No par
Minneapolis-Moline Co common
1
$5.50 1st preferred
*
100
$1.50 2nd conv preferred
25
Minnesota Power & Light Co_No par
101
•
8%
Copper
Minn St P & SS Marie
Jun
106
Miami
11% Feb 21
Jan
66ft
54%
140.
6,800
107
13ft
74% Feb
27
54 ft
10,500
10
Midland
105% Mar
14%
15%
Stores
3
4
11%
59%
14%
3%
Mercantile
Merch & Min Transp Co—Nopar
Merck & Co Inc common——^50c
32 ft Mar
10
11%
59'ft
15 ft
14%
*17
*89 ft
*35%
*25ft
12
*43
4 ft %
13
Jan
11%
59 ft
14%
—10
Corp common—.—Nopar
preferred (1st series)—100
4% 2nd preferred (1st series)—50
Melville Shoe Corp——
1
Men gel Co (The) common-,
—1
5 % convertible 1st preferred
_50
Mead
28 ft Jan
Jan
11 ft
59 ft
14ft
1
McQuay Norris Mfg Co
Dec
•
1,200
2,700
14%
14%
34
9% Mar 22
15,600
lift
105ft
14%
24 ft
Jun
61
14%
lift
59%
106 ft
14%
14 ft
18ft
99
14%
11%
*105 ft
24%
Mid-Continent Petroleum
Nov
15
11 ft
15
14%
14 ft
Middle South Utilities Inc
Nov
14%
106'/a
*105 ft
24%
7
63%
*105 ft
25%
20% Mar
101
106
103 ft
43% Mar 24
Feb
105ft
14%
105 ft
25
3
Jun
27%
*102
1
Mar
18%
27%
25 ft
23
7%
*18%
102 ft
Jan
87
9%
18%
27 ft
9%
25%
17% Jan
43 ft
9'/4
18%
27 ft
9%
102 ft
.A—
13
Jan
9%
18%
103ft
25%
14%
17'ft
92
36ft
26
Nopar
Co
3,900
27ft
42 ft
$4 preferred
5,600
29
9'ft
53 ft
McLellan-Stores
100
7%
7'/a
28%
41%
38% Feb
12
7%
28%
26%
15%
102
17%
17%
7 ft
*18%
11%
34
18%
600
9%
59
34
*101
8%
18%
15
*40ft
8%
26%
9ft
11%
24ft
22%
2,700
8%
18%
59
110%
10
8
26%
9%
15%
*110JI
570
7%
*550
18%
12
51ft
28,500
17%
17 ft
8%
570
26%
9ft
59%
99ft
99%
90
14%
400
1,100
3,200
16
26%
*15
*98%
*98%
*88
14%
*51
18 'ft
9%
16
*18%
*11%
*59
54%
54%
*177
179
*48%
49 ft
103%
28%
7%
53 %
Oct
7
*17%
18%
29
42
Jan
17
7ft
29
29
29
53%
Dec
131
*17%
41ft
48
Jan
*8%
9
38%
7'/a
*8%
9
53%
18%
12%
7%
8
41ft
Jun
139 ft Mar
29%
29
*18
.
41ft
& Robbins Inc com_
Jun
10% Aug
7%
*550
8
18
McKesson
Jun
9
18%
8
35
8%
15% Mar
*8 ft
S
51
14ft
14%
9
9
17%
17%
570
34 ft
37%
4
7%
*550
51
Merritt-Chapman & Scott—Nopar
21
8
7%
16%
17 ft
51 ft
l
Feb
7%
*18
16
16
55Q
34 ft
3
37% Feb
15%
16%
550
51ft
25% Feb
101ft Feb
17 ft
550
103%
*33%
129% Feb
108
16
16
16%
*535
■*.
35
53 ft
17
Feb
12 ft
51%
25
Dec
138 ft
*34ft
53%
Jan
110 ft
18%
7%
7%
29
29
-9ft
9%
*18%
18%
*26%
26%
*105ft 106%
14%
15
10 ft
*136%
*51
_1
McGraw-Hill
x20% Jan
104 ft
*17%
138%
Publishing——No par
Mclntyie Porcupine Mines
—5
McGraW Electric Co————
$3.50 preferred'—
—-No par
$4 conv 2nd preferred-.—Nopar
120
103%
9%
10
16ft
56
11
103%
*9%
Jan
Mar 23
15 ft Mar 16
2,000
16
Jan
106
13
30%
10
Dec
9% Jan
3C%
10
13%
Apr
31
104
19ft
Dec
12
30%
10%
59
104
Jun
5
10
30%
104 ft
Jun
Jan
7ft
Jan
31
10%
Feb
95 ft
19
27% Feb
23% Jan 25
102 ft Jan
3
10,700
*102 ft
Jun
Oct
Dec
12%
10'/a
lift
Dec
18 ft
24%
Apr
12%
104%
39ft
8%
ft Mar
12%
*103
10 ft
16
12%
31
104
Exploration—.—1
Marathon Corp
.——6.25
Marine Midland Corp-i——;_5
Market St Ry 6% prior pfd—_100
Marshall Field & Co com—Nopar
4ft% preferred
100
Martin (Glenn L) Co—1
Martin-Parry Corp
.Nopat
Masonite Corp—
Nopar
19 ft
12 'ft v12%
31ft
Maracaibo Oil
25
30
12 ft
31
No par
9% Jan
19 ft Feb
138 ft
12%
30%
30%
104%
*10
10%
16
16
16%
17
*535
550
*7%
8
9
9
200
41ft
338 ft
"r, 12'ft
*103
12 ft
41ft
138%
*41
12 %
-
7
12%
41%
*136 ft
41
138 '■/%
Nopar
.100
Square Garden—-Nopar
Magma Copper
:—■
1
10
Magnavox Co <The)—;
-1
Mahoning Coal RR Co
—50
Manati Sugar Cou
— 1
14
12 ft
>13
438 ft
*40 ft
*136 '/a
12 ft
4ft%
Feb
*12'/a
12%
41
*136%
Madison
7
17% Mar
12%
*40%
_5
*—\
(R H) Co Inc com—
preferred series A_.
Macy
12%
41
—100
—
Inc_
12%
*40
*136%
*134% 136
*12%
12%
*9 ft
9%
*71'ft
72
105% 105%
*98
99
*106 ft 107ft
12%
12%
77
77%
19%
19 ft
34
34
*134%
12%
9%
•
136
*134 ft
136
12%
12%
12%
12%
12%
9%
9%
9%
9%
9%
9%
71
72%
70
105 ft
*104
105'ft
*104
98%
98 ft
98
98'ft
98'/a
98%
*106'/a
107 ft
107 ft
*106'/a
107 ft
12'/a
'12 ft
76%
77 ft
72 ft
*104
*134
12%
72%
72%
*106%
12 ft
12 ft
12%
12'ft
76%
77
77 ft
77 ft
w
105 ft
18%
19%
*18%
19
*18'/a
19
33%
34 ft
33%
34
33%
34
70
70ft
104% 104%
99
100
70 ft
10,900
21,200
3,700
*104
105
70
100 Va
100 ft
1,400
*106%
107 ft
*106ft
107ft
12'/a
6T00
12%
76%
12 ft
12%
76%
76'/a
76 ft
*18%
18%
18%
18%
400
33%
34%
33 ft
33%
7,300
570
16
(1272)
COMMERCIAL
THE
t per share
38%
Range Sine* Jan. 1
Highest
$ per share
Jun
54%
10%
7%
Jun
3%
Jun
15%
Jun
Jan
I per
Highest
share
46% Jan
NEW
t per share
25
55% Mar 24
Oct
9% Jan
3
3
21% Jan
3
Corp
Mission
6% Mar 23
25% Mar
Mission
11% Mar 24
4% Jan
Development Co
28%: Mar 23
3% Aug
5 %
Aug
4% Feb
10
1%
10% Mar 20
t Missouri
Pac
35
Jan
31
Jun
12%
Dec
11% Jan
13
12% Mar
21%
Jan
26%
Nov
24% Jan
13
27% Mar 20
Monarch
45%
Jan
57%
Dec
54% Jan
13
60% Feb
Monsanto
101% Jun
103% Jun
114%
Dec
110% Jan
13
120% Mar 22
$3.25
113
Dec
112% Jan
4
117V« Mar 16
$4
Dec
12% Jan
9
13% Feb
8
Montana-Dakota
22 % Mar
8
23% Mar
6
Montana Power Co
10
Jan
14%
35
Jan
Mohawk
9
4
8
Mojud
Mills-.
Carpet
Chemical
pfd
Mar
54% Jan
3
3
53%
54 'A
53%
55%
10%
10%
10%
10%
10%
10%
103/4
10%
10%
10%
11%
51/4
5%
5%
5y8
51/4
5»A
53/4
5%
6'/e
5%
6Va
45,200
2 5 S/8
253/8
25%
2 5 3/8
25 5/4,
253/8
27%
273/4
28'A
27 5/8
28'A
51,600
8*4
100.200
9%
8'A
6%
83/4
lO7/.
87/8
8'/8
9'/«
323/4
32
32
12%
12%
12%
12»/8
12ya
12
12 1/8
27
32
27
27%
27%
27%
27'A
271/4
*32
32
*26%
*32
32%
Dec
13% Jan
13
15% Feb
6
Moore-McCormick
Jan
18
Jan
11
20% Jan
18
14
Jun
26%
Dec
23% Jan
3
39% Mar 23
Motorola
8'/a
8%
31%
31%
31'A
31%
12'A
12
12
1,000
27%
27'/4
27*4
1,400
*12
27%
59%
59%
59%
593/4
59
59'A
14,500
120
119%
119%
120
120%
120
120 5/B
119%
120*A
119
119'A
2,900
116%
116
116
115'A
1153A
1153/4
115%
115
115
115
115
59
59'A
595/8
60
59'A
60
Dec
26% Jan
3
32
Motor
21 % Jan
5
13
13
13
13
13
13
13
13
13
13
No par
23
23%
223/4
23
22 5/8
227/8
225/a
23
22 7/8
23%
No par
56%
56%
56
57
56%
56%
57%
57
57%
*133/4
133/a
133/4
13%
135/8
133/4
13%
137/a
193A
19%
193/8
Lines
56'%
135/8
*19
133/4
22'/a
900
1,600
23 Vs
21,700
563/s
57
14,000
133/4
13%
3.000
700
38 Ve
38%
24,300
32
31%
32
13,400
223/4
23
Co
No par
*193/4
20
193/4
193/4
3
353/4
36
36
36%
3 6 3/8
377/8
373/4
383/4
38%
397/8
Corp
303/«
30'A
30%
30%
31%
313/4
22 7/8
Inc
13
123/s
19%
193/4
*19'A
&
800
*119
—
(John)
8
8,100
*115%
Co—
Montgomery Ward & Co
13%
23
Morrell
12,900
531/2
5
5?%
Jun
Feb
Shares
51%
25%
5
(The)
Jan
59
Sales for
the Week
No par
Utilities
10%
Jun
'
t per share
51%
*12%
com
series B
16'A
47%
Friday
Mar. 24
share
No par
Co
pld series A
conv
conv
t per
50%
No par
Co Inc
Machine Tool
share
♦
23
51
20
1.25
Hosiery
$ per
.
50%
5
series A
100
RR 5% conv pfd-100
Jun
t per share
t per share
Thursday
Mar
10%
-
preferred
9
8
5
Mar. 22
Mar. 21
50%
No par
Mo-Kan-Texas RR com
share
Wednesday
Tuesday
Monday
Mar. 20
50
10
25
Mar
I per
Par
•
Mar. 18
EXCHANGE
Jan
6
Saturday
STOCK
YORK
-
Lowest
Monday, March 27, 1950
LOW AND HIGH SALE PRICES
STOCKS
Year 1949
Lowest
CHRONICLE
RECORD
STOCK
YORK
NEW
Ranee for Previous
FINANCIAL
&
*19
16%
Jun
27%
15%
11%
Jun
No par
293/s
30%
30
23%
Dec
3
23% Jan
18
Motor Wheel Corp
5
223/4
223A
22%
23
*223/4
23
23
23%
Jun
17%
Jan
13% Mar 14
17% Jan
7
Mueller
Co
1
15
15
14%
143/4
*141/4
143/s
14%
14%
14%
14%
1,300
Jun
15
15
x9%
14%
Jan
12% Jan
13
15% Mar
4
Mullins
1
143/8
143/3
14'/8
15
14%
147/e
14%
143/4
143/4
14%
143/s
14%
Dec
5,000
11
Jan
9% Feb
2
Mfg Corp
Munsingwear Inc
5
10
10
10
10%
10
10 y»
10*/8
10%
*97/8
lO'/s
*97/8
10 VB
3,600
Dec
49% Jan
13
112% Mar
110% Jan
9
38%
108%
10
Feb
50%
Oct
Jun
12
10% Jan
52% Mar
3
7
15
Jan
13
17% Feb 24
39
July
Dec
Oct
36% Jan
13
40% Feb
43
13
45% Feb
10
12
Jan
Jan
Brass
Co
43/i%
24
51
Products
Murphy
Mar 17
113
15%
30% Mar
41
Mar 23
C)
(G
4%
100
(F
E)
*112
16 3/4
10
com
preferred
Myers
*513/4
1
common
preferred
Murray Corp of America
Bros
163/8
51%
'112
16%
*51%
52%
113
52
*112
51%
517/8
112
112
113
16%
16%
16%
16%
16 3/4
51%
112
163'8
523/8
112
52'A
*112
1,800
52'A
2,500
113 *A
50
16%
16%
16%
4,400
*37
No par
38%
*37
39
*37'A
38%
*3714
39
*37 JA
39
37 */4
37 Va
1,300
*44%
50
&
523/8
' 114
23
45%
*44%
45
44%
44'A
*441/4
45%
*44*4
45%
44
44'A
300
175/8
18,800
*/4
N
10%
Jun
17%
Dec
16% Mar
9
22
Jun
18% Jan
32 %
Dec
32
Jan
3
41
17%
Jun
24%
Dec
23
Jan
13
25% Feb
4
National
Acme
9%
Apr
7% Jan
3
8% Jan
14
National
Airlines
Mar 24
17%
173A
17%
173/4
*39%
40
39%
39'A
*24%
25
243/8
25
1
8
243/8
8%
5
Jan
9%
Jun
Dec
16% Jan
13
10%
19% Mar 24
National
Jun
13%
Dec
12
Jan
13
28
15% Feb
24
Jun
National
41
Aug
36
Feb
24
41% Mar 23
National
Dec
Battery Co
37% Mar 21
39% Jan
National
Biscuit Co
30%
18
Jan
40 Vt
170% Mar
185%
4%
Jun
30 %
Jun
5%
Jun
5
Jun
12
13%
Feb
17% Aug
22% Dec
Dec
Jun
14%
19%
Dec
86% May
25%
Jan
135
Jan
5% Mar
14
Dec
183
Dec
ii
6
National
Can
National
Cash
Dec
15
National
8% J an
28
12% Jan
17
National
Cylinder
44% Mar ?3
5
18% Jan
National
Dairy
15% Mar 23
National
Department
22
Jan
13
24% Jan
National
Distillers
Feb
20
11% Jan
13
Jan
27
7
13
19% Mar 16
94% Jan
11
Jan
10
3
184
li
155
Feb
Jan
7% Jan
18
Jan
100% Mar
40% Mar 24
8'/4 Mar 23
20% Mar 16
% Feb 25
tt
JaD
4
Jan
26
Dec
23 % Jan
13
Jun
25% Mar 24
95%
Nov
88
13
Feb
110% Mar 21
15%
Dec
26
Jan
Mar 22
28
Feb
2
6%
Natl
Power
9%
1^% May
Jan
17% Jan
11
77% Mar 24
82% Feb
2
38%
Dec
36% Jan
13
40% Mar 23
National
12%
Apr
11% Jan
5
12% Feb
28
Natl
13%
Nov
10% Jan
13
11% Jan
3
Jun
14
National
Natomas
Range 8ince Jan. 1
Highest
Lowest
$ per share
t per share
Jan
13% Mar
10% Jan
4
Jun
12% Feb
28
Nehi
14%
14% Jan
Jan
13
17% Feb
10
Neisner
29
Mar
102% Mar 10
104% Feb
10
43/4%
Jan
9
105% Feb
16
93%
Jan
8%
Jan
94
Mar
42
Jun
Dec
Dec
39% Nov
102% Oct
37% Jan
17
100% Jan
4
10% Jan
3
11 %
Dec
102 y«
Dec
102
60
x
Feb
40
13% Mar 23
27
102
Feb
27
67
Jan
5
14% Jan
5
67%
Dec
Feb
14%
Dec
11% Feb
Apr
72%
Jan
23%
66% Mar 14
Jun
35
Apr
24 %
26% Mar 17
Jun
29% Jan
20
33%
Jan
26
9%
Jun
30% Feb
4
13%
Jan
11 % Jan
3
3
56
Jun
117%
102%
Dec
98
Jun
142
Dec
136
Mar 14
15
Mar 24
Jan
13% Mar
110% Feb
Mar 24
New
145
3
N
Y
N
6
Dee
56
Jan
Dec
<26
2 PA
Mar
220
Feb
21
Jun
9%
Jan
7% Jan
Jun
33%
Jan
30% Jan
63% Jan
18
10
N
3
10% Feb
27
N
4
36
15%
Feb
19%
Apr
17% Mar 21
Sep
53%
Deo
53
86
Jan
Jan
9Uj/2
Nov
95
Jan
9
21% Jan
23
232
*
Mar
4
3
19% Mar 13
58% Mar
100
Feb
24% Mar
7
15
9
Bros
Dec
6%
Jun
14
Jun
30
Dec
8%
Air
York
N
St
23
223A
23
9%
9%
19%
19%
19%
99
99
99
99
99
393A
38%
7%
20%
184
183
1543/8
*154
183%
1543/8
155
'155
73/8
77/«
20%
&
107%
is
20% July
11% Jan
3,700
3,100
%
%
%
108 3/4
109%
109%
110
*26 >/4
27
fe
25%
25%
25
25
165/a
16%
13,600
78
78
77'/4
771/4
380
403/4
*40i/a
40'A
12%
12 %
12%
12%
121/4
12 y.
121/a
600
11%
11%
113/8
11
11%
11
11 Va
2,500
1
12%
*12
11
Co
11
%
*12
12'A
*11%
11%
*12
11%
LOW
STOCK
Saturday
Monday
No par
_1
*113%
12
*163/8
17%
100
*103%
104 %
—No par
39%
39%
100
com
*1033/4
104%
123%
'100
*113/8
123%
104
17
*103%
*39
103%
123/s
*100
16'/a
Mar. 22
I per
$ per share
Shares
12
113/4
12
113/4
113/4
800
163/b
16%
16%
*16 'A
16%
104%
*10372
104 %
*103 %
104%
*103%
104'A
104%
104%
20
39%
*39%
39%
39%
39%
39%
39%
*387/8
391/2
400
103%
*ll3/8
*103
13
104
123/a
*100
63
63%
12%
12%
12%
68%
68
68%
61
12 %
*68
1033/4
13
104
103
12%
.
•100
61%
60%
12%
68 %
12%
*68
share
103
13
104
61%
12%
68'A
3,700
68
26%
5,100
26%
26%
26%
27
26%
263A
26%
267/8
26V8
26'A
26
26iA
131/s
3,600
13 %
13%
100
*103%
104%
No par
50
Hart
RR
*58 %
*200
Co_100
9%
_100
1
139
13%
13%
13
13%
133/s
101%
103%
101
103
103
104
IO31/2
IO41/2
102%
102%
140
140
140
138%
140
137
139
136
137%
1,200
*138
60
*58%
220
*200
16
29%
60
220
123/a
13%
lVU
127/8
14%
143/4
14
14«A
141/a
14%
3.900
*28%
29%
*28 %
29%
28%
28%
59'A
*275/8
28%
1,000
*58%
*200
60
220
9%
9%
*34%
35%
343/8
35
35
35
17%
173A
17%
17%
17%
58%
*211
17%
93/8
9%
9%
58%
220
*58 'A
*211
220
*58JA
*211
591/4
9%
95/8
93/8
9%
35
35%
35%
3554
351/4
35%
5,000
17%
17%
171/4
183/8
18 3/a
185/8
4,700
58
25
573/4
573/4
57%
57%
581/4
57%
57%
*97%
98%
98
98%
973A
973/4
*97%
98%
*97%
98%
*97»/4
981/2
80
23%
233/8
23%
233/a
233/a
23 3A
233/a
23Y8
23 3/8
235/8
231/4
23%
40,500
No par
27%
27%
28
28
27%
27%
27%
28
27%
27%
27%
27%
3,000
100
*89%
*95
'.103%
57%
573/4
90%
*89%
95%
*95
103%
1033/4
573A
90%
5734
0
89 %
90%
*89'A
95%
95 %
95%
*95 %
1033/a
103 Ye
103%
103
90%
90%
90%
*89%
91%
95%
*95'/4
953/4
95%
91%
300
102'A
IO21/2
103
103
540
331/8
335/8
33%
3,200
1
*9%
10
9%
9%
93/8
*32%
33
32
32%
£,31 %
32%
33
33
33
33
32%
34
_25
50 Va
50%
49 3/8
50%
493/8
50
50
50%
49 5/8
50'A
49%
49%
2.50
Co__
Western
Ry com
preferred
25
5
84% Mar 13
Northern
Central
39% Feb
23
Northern
Natural
213/4 Feb
17
Northern
Pacific
*32%
*27
32%
33
9%
33
32 %
323/8
323/8
93/4
33
10%
11%
Dec
95%
Dec
93% Feb
2
95% Mar 23
107% Jan
18
109% Mar 24
13
13
Mar 22
Jan
213/4 Feb
32
5
18
Mar 18
33
9%
*27
27%
*27
27%
*27
271/4
27
27
Ry
Co___
Gas
*27
27'A
3,600
1,500
16,200
200
Co
21%
21 %
21
21%
21
21%
21
21%
21'A
21%
21
211/4
38,900
123/4
12%
12%
123/4
12%
123/g
12%
13
12%
13
125/b
12%
21,900
84
50
*84
*84
84%
*84
843/4
83
84
84
*84
lo
39
39
39
39%
39
393/8
39
39%
39
39 »A
*385/8
38%
4,600
20%
203A
20%
20%
20
20%
20%
20%
20'A
20 5/8
197/a
201/2
20,300
12%
25,900
.
100
843A
Common
No par
$3.60 preferred
No par
95%
95%
No par
*108%
108%
108%
1083/4
108%
1083/a
108%
10
10%
10%
10 3^
10%
10 '/a
10%
10 %
10'A
10 Vs
25
17%
173/a
17%
18
171/8
171/2
17%
17%
50
313/8
32
31%
32
315/8
313/4
313/8
32
Inc
common
4.6%
preferred
;
Northwestern Telegraph
3% Jan
13
tNorwalk
16% Jan
17
Norwich
35% Feb
28
Ohio Edison Co common
&
97/8
1
$4.80 preferred
Northwest Airlines
Tire
9%
100
10
Ry
Rubber
Pharmacal
9 3/a
27 %
Northern States Pwr Co (Minn)—
109% Mar
3,400
1033/a
4
Industries
3
2~dr>0
9%
9%
100
;
13
10
220
par
preferred-
Adjustment
2,200
153/a
Nopco
27
37,700
143/8
Noma Electric Corp
Feb
140
263/4
Niagara Mhk Pwr Corp com_No
17
4
5^400
123/s
68
26'/8
Shipbldg Corp partic stock
State Elec & Gas Corp—
Common
78% Jan
4
60
12
26%
Y
35% Jan
1% *T-*r 16
60
125/8
68%
263/s
series A
Dec
Dec
61%
26 %
Y
&
50
16,900
104
263A
*28%
Dec
36%
12%
*100
26%
29%
19%
Dec
123/8
123/4
103
26%
*28%
39%
30%
603/4
*r-8
13 Vs
104
*102%
26%
Co_
Mar 24
123/s
*100
103
26%
Aviation
16% Mar 10
*102
800
26%
No par
American
30
Sales for
the Week
1
com
common
American
Oct
t per share
Friday
Mar. 24
•16%
*68
15%
North
Oct
Mar. 23
*11%
*62%
15%
Norfolk
700
12
•12%
No par
North
20%
Thursday
Noblitt-Sparks
6
1,600
163/a
10
-
Co
24
Jun
27
No par
27
13%
800
4,800
16%
12
loo
13 y8 Feb
3
163/a
*261/4
25%
1091/8
PRICES
Wednesday'
f per share
16%
251/4
109
17%
—1
63
HIGH SALE
Mar. tl
* per share
I per share
AND
Tuesday
Mar. 20
Mar. 18
*15
Chemical
7,900
40%
17
27
26
26%
25'A
12
6
12
%
783/a
26%
251/4
14
Mar 24
28
Jun
%
40%
16 3/4
27%
110 %
10% Jan
34
53% Mar
7
%
16 3/4
163/4
27
109
34% Feb
3
Sep
90
8%
19%
40%
21% Feb
Jan
155
81/4
195/g
78
13
14
155
8'A
193/a
163/8
16
23''2 Jan
156
8%
19s/8
403/a
10% Jan
n
'156
8
20
79%
18% Jan
Oct
156
73/8
193/8
73/8
20
163/4
27%
No par
™r»H
10% Jan
*155
220
40%
100
Jan
184
*783/8
106
York
$3.75
387/8
*183
40%
100
4
393/4
183
79 3^
preferred
3
10,200
39
40%
preferred
preferred
13
110
40%
393/8
39
78%
3.60%
Jan
99'A
40%
3.90%
9% Jan
*98 >/4
793/8
3.40%
28
99%
40%
95% Mar 15
Jan
*981/4
183
%
25%
106%
1,600
13,800
993/4
184
193/4
*25%
9%
19%
*183
73/e
1934
Y <r
95/8
191/4
156
73%
25%
9s/a
193/8
183%
20%
'
9%
19%
99
39
9%
193/4
79%
common
&
383/4
39%
183
19,500
9%
19%
,
Pa com—10
103% Mar 20
26% Jan
v.
9%
19%
139
5%
19.200
223/8
series A__
Haven
1,500
8
23%
9%
19 %
100
New
103/4
223/4
No par
$5 non-cum preferred
Y & Harlem RR Co
Y
4,900
103/4
_100
Louis
Dock
9%
7%
103/8
233/a
u
9%
City Omnibus Corp
Y
9
8 1/8
10%
*25
105%
27%
16%
Brake
preferred
9'/a
7%
11
23
No par
25
Co
Central
Chic &
,
23%
1
York
9%
8 3/a
8
10'/8
8%
23%
1
-
Fibre
Elec
9
9
9%
8%
23%
19
Jan
a
8%
2,900
11,700
2.100
10
Inc
9
9%
100
7%
391/8
13,900
12
28%
14%
1831/2
71/a
38%
15 3/a
A
48% Jan
% May
183%
73/8
393/8
441/8
Class
107%
1
1831/2
7%
39
15%
31
Jan
11% Mar
183%
7%
39'A
4334
29
59'4
Feb
184'A
7'A
38%
39
15%
90% Mar 23
Sep
Apr
*183%
7%
33%
44%
12
Mar
84
184%
7%
7%
39
15'/4
23
25% Jan
Jan
21 y4
Jun
184 %
184 3/8
43%
93% Jan
11%
7,400
153/4
98 % Jan
27%
85
377/8
43%
86% J^n
Jun
375/8
15%
26% Jan
8Va
373/8
43%
preferred
Preferred
N
75% July
31
Jan
375/8
153/4
pfd—100
6%
Jan
48%
Jan
373/8
43%
System
New
61
15%
37%
153/4
No par
England
New
4
9
Feb
26
373/8
43
Jersey Pr & Lt Co 4%
New
18% Feb
Dec
47%
37%
153A
Newport News Ship & Dry Dock
34% Jan
13 % Jan
30
16% May
1,700
1,500
38
43%
4% % -preferred—
4
Jan
Jun
21
14%
41'/a
15%
Mining Corp
Newport Industries common
28% Mar 23
14%
20%
5%
14'A
41
43 %
Mewmont
10
Jun
205
145/8
413/4
43%
_100
Corp
New
Jan
10
48
14 'A
41'A
11
Corp
(The)
Newberry Co (J J)
33/4%
preferred-
68% Mar 16
9%
65
14%
41'A
11
Par
9%
104%
14%
41%
153/4
tper share
12%
18'/4
730
14%
11
EXCHANGE
xlOl%
18%
8
41
83/s
Cast—No par
ex-dist
1N0 par
NEW YORK
>.
Highest
30,600
18'A
81/4
14 %
STOCKS
Year 1949
S per share
19%
18 3/a
18
18%
8%
40
14%
10 3/8
10
Co
Range for Previous
Lowest
*
8%
40
8'A
Co
Vulcanized
173/s
17%
8%
17%
43%
preferred-.
Tea
7,400
8%
17%
*15%
23%
9%
19%
99
39%
183
.
Ref
Supply
4%%
1,400
8Va
8%
11%
Steel
National Shares Corp.
Steel Corp
Sugar
24'/8
8
No par
National
National
41
247/a
*11
100
Lt
&
9%
403/4
25
.—5
Prod
Service
&
9%
403A
25
No par
Stores
A
Linen
7%
383/8
393/8
25
1
preferred B
National
Natl Malleable
7%
38
17%
39%
—1
Co
common
preferred
86
15% F»h
Co
7%
Jan
Jun
*184%
1
Gas
Products
Lead
National
Dec
9%
185%
7%
38
9%
Enameling & Stamping—12.5o
Gypsum Co com
—1
$4.50 preferred
No par
25
4
25
19%
21%
*184%
No par
National
6
73%
X80
37%
Nat'l
Mar 20
X150
Dec
37%
National Container Co
3
21%
28%
37'%
City Lines Inc
Register
3
Feb
173/4
14%
*39
40
100
Corp
4
10
17%
14%,
40
10
!
preferred
7% Jan
Jan
Jun
9
JaD
35
Dec
19%
Jan
8
39% Mar 23
7%
17%
*14%
8%
__10
186
180% Jan
Sep
152%
7%
Jun
x%
Dec
38%
Apr
169%
95%
1
5
common
8% Jan
38
Feb
Jun
Inc
4
9
39%
Jun
Fibres
Corp
17% Jan
Feb
7%
Aviation
10% Jan
27%
17%
9
14
32% Feb 23
Jan
*11%
181% Feb
6% Feb
Nov
8% Aug
9% Jan
Jun
9%
Sep
7% Mar
36%
17
Automotive
8%
17%
39%
25
17%
*39
1
Co
17%
393A
25
17%
5
100
Nash-Kelvinator Corp
Nashville Chatt & St Louis
No par
Co
2.50
12%
*1%
15
12%
12%
95
1%
1%
15
15
123A
95'A
l3/*
15
12%
85
123/8
123/e
851/4
1%
13/8
*143/8
95
15%
*l3/4
15
13
95%
109
17A
15
12 7/8
95'A
109
13
95%
109
123/4
95'A
84%
95%
60
1,050
109
IO91/4
1,760
10%
10
10%
11,500
17 y8
17%
17
171/4
8,100
31'4
32
31 3/8
313/4
1%
147/8
l3/4
15
1,420
l3/4
17/a
3,700
14%
14%
2,900
343/4
21,700
O
27%
Jan
33
M*y
99% Jan
110
Dec
23% May
17% Jan
"V.
.Ton
107% Mar 24
1123/4 Mar
14
29% Mar 23
Ohio
19% Feb
14
20
Oklahoma Gas
Jan
31%
Jan
91
Nov
23% Mar 10
99
Jan
92
Jan
31
10%
Dec
10% Jan
3
14% Mar
96%
22%
Dec
95
3
99% Feb
Jan
20 % Jan
20
22
40%
Dec
37% Feb
17
41
28
Jun
105
Nov
*
108
Dec
Jan
105% Mar 24
11% Jun
16%
Dec
14% Mar 22
64% July
49% Jan
79
Jan
74% Jan
For footnotes
64%
see
Dec
page
63% Jan
20
4
13
27% Jan
100
82
Oil
Co
34%
34%
343/4
343A
34%
343/a
34%
34%
34%
34%
34%
110%
110%
110%
110%
1081/4
109%
1081/4
108'A
108'A
10814
1077/8
108
410
28%
28%
28%
283%
28'4
28%
281/4
283/4
28 %
291/8
28 y8
29
&
Elec 4%
19,900
20
195/b
193/4
pfd
20
10
Oliver
21
23
4%%
convertible preferred
100
Omnibus Corp (The) common
5
8%
convertible preferred A__100
Feb
27
Oppenheim
Jan
7
Feb
108% Feb
16
9
8
100
No par
preferred
26% Feb
Dec
Jun
79% July
18% Aug
4.40%
Jan
19%
20
6% Feb
9
33%
Jan
Jan
67% Feb
8
2
9
14
16
Otis
$4
Corp
No par
common
Collins
Elevator
10
common
Outlet
*19%
20
•19%
20
•19%
20
*193/4
&
Mfg
Co
Glass
Co
400
23%
233A
23%
24%
233A
235%
24
23%
24
233/4
233/4
96
96
95
96
*95
961/a
96'A
96 5%
95
96%
941/4
941/4
560
14
14%
14
14 y*
14
14%
131/2
13 3/8
12%
131/4
123/4
13%
18,200
97%
97
97
97
97
96
963/4
96
96
*953/4
96 »A
530
22%
*21
221/2
*21
22'A
*21
*°63A
*21
*
22%
23%
*21
22%
*21
-No par
393/4
393/8
393/4
'106 3/4
107 %
106%
106%
2.50
*14%
15%
*14%
15 y»
*14%
i5y4
14%
14%
141/2
14%
No par
Marine
Owens-Illinois
20
62.50
preferred
Outboard
*19%
*75
77%
76%
76%
*76
77%
76
77
77
77
12.50
65
65
64
651/4
65
651/4
65 y2
663A
65%
66%
40
39%
*106
393/8
107
4
39%
*106
393/4
107
39%
106
397/8
106
5,900
22%
7~200
391/4
39%
1053/4
105%
260
14%
14%
500
*75
65 3/4
77
160
66
3,800
Volume, 171
Number 4893
THE
CO] i"TnlOf EtCIAL
NEW
Range for Previous
8TOCKS
14
7y4 Nov
Jan
18
10%
71
Apr
40
t perthare
11% Mar
Jan
Sep
Aug
-
29
Jan
7y? Jan
52
Jan
13% Jan
3
Pacific
Amer
28
Pacific
Coast
Co
17
34% Jan
23
34
31% Mar 21
Sep
25
89
54
Jan
52
Feb
34% July
104 y4 Dec
Feb
30
Jan
Jan
2%
148
Jun
Dec
4%
144
1
29%
30
32
*31%
22
22
22 ya
22
22
22%
22%
32%
32
32 Va
31%
31%
31%
32%
32%
32%
57,400
hi
hi
54^3
%
hi
517,800
54%
54%
54%
54%
2,600
30
3,000
&
Electric
Pacific Telep St Teleg com
Rights "when issued"
6ft
preferred
Pacific Tin Consolidated Corp
9
Pacific
Jun
44
Oct
Jun
4%
10%
Jan
3% Feb 27
11
Apr
8% Jan
3
11
Feb
28
Pan
Jun
22
Oct
18% Mar
7
21
Jan
9
Dec
38%
Jun
104%
Dec
Jan
6
Jun
8%
Apr
5% Feb
1
15%
Jun
20%
Dec
15% Feb
25
101
Dec
34«% Jan
104
13
Mar
-
Jan
104
Feb
25
Dec
104%
Jan
97% Mar
17%
Oct
22%
Dec
17 % Feb
28
20% Jan
Aug
47 y4
Oct
40% Mar 13
46% Jan
11
Jun
2%
Feb
1% Mar 21
2% Jan
7
1%
24%
Jan
38%
Jun
9
Dec
34% Jan
16
29
23% Mar
X6
Dec
28% Jan
4
30% Feb
7% Jan
3
9% Jan
Nov
11
Jan
8
15
Dec
19%
27%
Jan
37%
Jan
57
Jun
Feb
23%
9y4 Jan
5% Jan
3
Jan
16
7% Mar
Jan
4
34% Jan
12
38% Mar 17
Dec
54 y2 Jan
13
61f
Feb
8% Mar
9
Dec
Vt
25% Jan;
17% Feb
3
3
Jun
35
Dec
31
Mar
106
Jun
111
Mar
107-
Jan
Jun
21% Jan
6
22%
13% Nov
,
34%
108
-7
29
Jan
16% Jan
13
18% Mar
6
45%
Nov
41% Feb
20
46
6
Mar
■-
113%
Nov
Jan
96%
37%
Feb
116-
8
35% Jan
4
36% Feb
Dec
127% Jan
17
138% Feb
21
13
Dec
14
13% Jan
5
Mar.
11
Jan
12
Apr
35
.
Dec.
34
Dec
Feb
105
108
8% Jan
Jan
12
3
25
Mar
37% Feb
4
9%
40y4
36%
Jun
57%
Jun
Dec
53y»
x48% Mar
58
'90% Mar
106
Jan
51% Jan
'
25
44% Mar 24
Jan
11
.5
Jan
5
24% Nov
24
Jan
3
25% Feb;
26% May
24% Jan
7
26% Mar 17
108-
Feb
•
Jun
Apr
117
Sep
xll4% Jan
6
Jan
104% Dec
110% Sep
103 y2 Jan
20
107 y4 Jan
$6 •
Phlla
4
116%
,110%
Range tor Previous
Year 1949.
Lowest
2
,
preferred
f per thare
100
:
4.3ft preferred
;.
.
100
STOCKS
NEW
Lowest'
:_No par
:
•
t per share'
16%
*41%
42%
*40%
1%
39
42
*40%
-1%
42
1%
39%
*29%
6%
16%
38
38
1%
16%
*37%
i7
yi
*44%
'
115
-
26%
32
.
23%
23 ya
58%
57%
9
*8%
27
1%
1%
39%
38%
29%
29%
106
.
6 %
*6V4
16%
38
58%
58 Va
58%
17%
17%
45%
44%
115
115
26%
26%
6%
32%
108
*106%
23%
23%
23%
26%
•30%
32»/a
108
17
17%
45
44%
*36
36%
35%
•34%
61%
•105
44%
*36
134
11%
600
37%
700
58%
59
58%
5,800
9
26%
'
58
*8%
26%
*32
7
10%
11
*34%
107
*105
35%
*105
107
17 Va
17%
17 Va
17%
23,300
44%
44%
♦115%
11%
300
10%
11%
35%
*35
54,100
35%
35%
300
107
107
60%
6i y4
46%
44%
45%
45%
45%
59
59%
59
59
59
24%
26%
♦115
*104%
105
114%
*35
107
*106
13%
13%
13%
13%
13%
44 %
44
44%
44
44.
105
61
60%
61%
4,800
45%
44%
45%
59
58%
59
19,700
1,740
107%
24%
24%
24%
107 %
25
107%
24%
26%
26 y4
26%
261A
«*26'A
116%
116 JA
115V2
116
104 %
*104
104%
109
109
*108%
109%
116
*108%
109%
107%
•104
-
■
108%
108 i/a
Saturday
Monday
Mar. 18
Par
Tuesday
Mar. 20
Wednesday
Mar. 21
9 per share
9 per share
9 per share
115%
130
100
'
*107%
108%
80
Friday
Mar.
9 per share
13% Jan
14
14% Feb
18
PhD* St Reading Coal St Iron
1
14%
14%
14%
14%
14%
14%
14 VB
14%
14
32% Jan
3
40% Feb
14
Philco Corp common
*37%
38%
38%
39
37%
38%
37%
39%
84 y2 Jan
4
91 y2 Mar 24
28%
39%
_100
*89%
92
89%
89%
55 y4
91
Dec
50 y2 Jan
90
90
13
57% Mar 17
55%
57%
10%
Feb
14
87 y4
103
Feb
9
14
Jan
17% Feb
94% Jan
Aug
95 y2
Dec
93% Jan
Jun
64
Apr
57% Jan
7%
Sep
11
Mar
9!/2 Jan
26
Jun
Jan
Dec
51%
100%
106
32% Aug
66% Mar
10
32'/a Jan
Jan
preferred series A
12
4ft
6
common
8
16%
*15
16%
*15
16%
*15%
16%
*16
*91
95
*91
95
*91
95
*91
95
*91
95
*91
64
64%
5
*oya
10%
*9%
25
*33%
33%
33 VA
No par
Plllsbury Mills Inc
*104%
common
94
Dec
100 y4
Jun
97
Feb
100
11
Jan
14% Mar
13% Jan
79
Jun
83
Dec
86
23
24%
Pitts Coke St Chem Co com—No par
$5 convertible preferred
No par
Jun
32
Jan
26% Feb
23
29y2 Jan
12
Pitts Consolidation Coal Co
1
10%
27%
29 Va
Jun
16%
Jan
15
13
16% Jan
20
Pittsburgh Forgings Co
1
16%
16%
Mar 17
y2 Jan
9iy2 Feb
142
Jan
155
Nov
148
Mar
1
155
Mar 21
156%
Jun
170
Jan
163
Mar 22
167
Jan
28%
Jun
37%
Dec
35 V4 Jan
13
6%
Jun
8%
Jan
7ya Jan
4
7%
135
15%
Jun
Jan
9% Jan
Apr
175
May
150
64%
Nov
88
Jan
55
Nov
71%
Jan
3
Feb
8
71
Jan
61
Jan
11% Jan
12
Feb
8
3
80
Feb
10
4
64% Mar
&
C
5ft
1st ser
Jun
Dec
147
Feb
xl9%
8%
Jun
29
Apr
Feb
12% Nov
10% Jan
5
12% Mar
8
Plough
36%
Feb
50%
Apr
38% Feb
14
43 V2 Jan
9
Plymouth
Mar
44%
Sep
38% Jan
16
48
32
22% Mar 14
135% Jan
22
Jan
13
3
27% Jan
144
10
Feb
10
26% Feb
21
Pittston Co
Mar 15
Jun
13%
Oct
12% Jan
3
14% Feb
9
Poor
Apr
15 y2
Nov
15
4
16% Mar
8
Potomac
4%
21
8%
Jun
Jan
7% Mar 23
6Va Feb
15
Oct
28% Mar 22
3iy» Jan
30
4% ft
Dec
79% Jan
89 Va Feb
3
Procter
Feb
3
"When
6
Publicker
56
22
Jun
Feb
16
Mar 22
14% Mar 13
79%
Dec
90y2 Mar
80
Jan
4
38
Jan
47%
46% Jan
13
Dec
26% Jan
31
118% Jan
24
86% Jan
26
60
17% Jan
89
26 V2 Feb
25%
Jun
29%
Dec
28% Mar 24
30yaFeb
xl03% Nov
105%
Dec
104% Feb
3
30%
Feb
37
Apr
33% Jan
3
Jun
33%
Oct
26% Feb
27
July
107% Jan
107
Jan
109
8
2
107 y2 Mar
9
36 V2 Jan
12*
31V« Mar 20
3
109% Jan
Jan
3
34% Jan
20ya Jan
18% Jan
4
.ran
12% Jan
3
74%
Jan
73% Jan
13
Jun
30%
15%
Jun
Dec
30
105
15%
29 Va
16%
-
86 V2
28%
88
15%
86'/2
15%
16%
15%
86%
85%
281/4
28%
*16'A
16 «/a
86%
87
87
28
28%
28%
16%
16'A
16'A
15%
87
86%
86 Va
450
28%
28%
28%
7,300
16%
15%
16%
1,400
6,300
•150
155
155
155
*150
155
155
155
*150
155
165
*162
164%
164
164
163
163
*163
165
*163
165
100
38%
38
33
6,600
7%
*10%
*140
...
*76
*62%
38%
38%
7%
7%
11 VB '
155
*10%
*140
76%
15 VA
62%
*62 Va
*23%
24
♦142%
146
23%
*
142 Va
7%
7%
11
10%
10%
7%
10%
7%
20
7%
10% "
4,200
10%
1,700
74%
75
73%
74
*72%
62
*62%
63
*62y4
63
62%
62%
40
24%
23%
23%
1,700
*142V4
*140
23 VB
23%
24'A
*11%
11%
41%
41%
42
*43
23%
24%
24
24%
155
*142'A
*142% 146
12
42%
*140
155
23
146
24
41%
7Va
10%
37%
75
23%
23%
41%
7%
10%
38%
155
C2
62%
146
12
37%
75
75%
24%
24
7%
7%
10%
38%
*140
155
12
*11%
37%
38%
*11%
23%
11%
*11 VA
146
22%
*145
*142%
22%
155
74
540
146
23%
3,200
11%
11%
11%
200
42%
42
42 %
41%
42 %
4,400
46%
45%
46%
45
45%
45
43%
43%
14
13%
13%
13%
13%
13
13%
13
13%
12%
13%
3,600
16
16 VB
16 Ve
16'A
16%
16%
16%
16%
16%
16%
16
16%
4,500
7%
9,900
29
85
57%
56%
56 Mr
57
57
*56»/2
Inc
of
Gas
90
•
155
38
7%
St
*15
14
7%
5
16
16 %
No par
*83
84%
*50%
50%
No par
28%
28%
28
com
Colorado
Indiana
20
7%
*41
43
7%
7%
7%
7%
7%
28%
28%
28%
28%
*23%
29
—-
„
57%
51 Va
800
58
56
563%
♦
400
1,800
56
9,300
15%
16 Va
15%
15%
15%
15%
83
84%
84%
84
84
83'A
83%
60
50%
*
50%
50%
50 %
50%
50%
51%
51%
51 Va
51%
28%
27%
28'A
28
28%
28
28 Va
27%
28%
5,700
9,300
15%
*83
15%
15%
*83
84%
100
♦119%
120'A
120%
120'A
*119%
120%
—100
com
*88%
89%
*88%
89%
88 3A
88%
No par
25%
25%
25%
25%
25%
25%
♦119%
16
120%
120%
120'A
120
5,200
120
180
89
88%
89
88%
88%
120
25%
25%
25%
25%
23 Va
25%
19,000
28%
28%
28%
23%
107% 107%
33 Va
34%
28%
28%
13,200
*88%
'
preference
com__No par
preferred
(The)
100
28%
•107
28%
107%
28%
*107
29 Va
28%
107 %
*107
No par
34%
34%
34%
34%
34%
No par
30%
31 Vn
30%
31 y»
30 %
preferred
,-100
♦108 %
No par
32%
conv
15%
*162
84%
Inc
Oft
15%
*150
Purity Bakeries Corp
10
30-
16
46 %
com
preferred
El
16%
15%
'28%
of
500
105
*100
7%
Pullman
15% Feb 14
25 y4
*104
105
85%
Pure Oil
•
21% Mar 20
14%
4.08ft
106
*97
41%
No par
Industries
dlv
*104
105
1—1
preferred
$1.40
106
*97
.—10
Co
preferred
Pub Serv
*104
105
29 Vb
3% ft
Mar 23
Mar 10
106
*97
85%
Co
32,700
9%
34%
*104
29
Serv
*9%
*34
105
7%
4.64 ft
9%
34 %
17,400
66
105
85%
Public
*9%
34
64%
*97
29%
28
24
9%
33%
64%
105
7%
29% Feb
Dec
*9%
63%
105
85%
Co
63%
33%
9%
34
*29 Vb
Service
25%
63%
56%
105 %
105
24%
Issued"
cum
*9%
*33 Va
1
Public
6
9%
34
63%
preferred series A__50
17
$4.75
63
56
*103
No par
B
Power
Gamble
24
Jan
24%
conv
Feb
20 y«
1
64%
5
class
85y2 Feb
Feb
100
Pocahontas
53
122
100
*103
106
5
Pressed Steel Car Co Inc
St
*85%
No par
Co
Electric
32
Feb
*15%
—No par
(The)
Co
86 Va
Mar
14%
&
*.97
lo
conv
Oil
Pond Creek
8%
57%
100
Inc
12%
Jan
RR
prior pfd—100
Pittsburgh St West Virginia
100
Pittsburgh Young St Ash pfd—100
14%
Dec
Louis
preferred class A—
5%ft
3
135%
25%
Et
Pittsburgh Plate Glass Co
Pittsburgh Screw St Bolt
Pittsburgh Steel Co com
7ft
preferred class B
9
150
C
Pitts Ft Wayne St Chic Ry com-100
7ft
gtd preferred—.
100
23
39% Mar 16
8% Jan
preferred
200
95
64
1
16%
100
No par
105% Mar
Pitts
56
106
*15
Feb
3
55%
*103'A
16%
103
Mar 14
56
106
*15
Apr
16 Vb Mar
55%
*103i/4
91%
*103
105y2
$4
56
106
12,600
16,600
90%
57%
106
Jan
2
*89%
39%
*103
Phoenix Hosiery
34 % Mar 23
54%
91
Shares
14%
38%
No par
com
5ft
preferred
Phillips Petroleum
4
57%
*89%
Sales for
the Week
14%
•
100
preferred
Phillips Jones Corp
12
5
£4
I per share
14%
3
Feb
Dec
700
115%
104%
Mar. 23
thare
Jan
105
15,000
26%
*104
Thursday
Mar. 22
9 per
88%
Jan
350
25
LOW AND HIGH SALE PRICES
19%
40%
93%
107%
24%
104%
Jun
3%ft
5,800
2,700-
60'A
"
•
'
Philip Morris St Co Ltd
13%
45%
]'" 59
26%
104%
30
44
107%
♦115
2,100
108
13'A
44:
Jun
Jan
134
59%
107%
107%
115
*104%
.
■
24%
25
26%
•
*26%
107%
107%
24%
36 Va
11%
45%
26%
116
134
11
59'/2
107%
*36
11 Va
:46%
24%
36%
1341/2
11%
59
*26'/*
800
340
12
..■46%
*"
•36
45
116
12
61 %
' 44
45
116
134
60%
109 y2
44%
116
12
61%
13%
,
10
17%
60 »/2
,
200
II,300
135
*11%
10%
35%
5,300
32%
109
23%
11%
37%
26
32%
*107 %
79% Nov
Jan
>9
25%
32%
108
22%
,
6 Va
23
61%
*108%
800
16%
*36%
23%
13%
.
6%
*16
23%
44%
*106Va
6 Va
23%
36%
135
11%
1,200
37%
115%
115
36%
134
35%
,13 Vn
44%
115%
*36
11%
106
'■
45
*115
2,200
10
16%
-
115
10%
44%
11 Va
17%
300
7%
9%
16 Va
37
108
13%
r
7%
.
5,000
10,200
♦8'%
44%
i
7%
10%
1%
6Va
'
9
26%
30 %
*
23%
11%
13%
«■
7%
10
16%
38
*8%
60
29%
16%
9
4,900
53,800
39
29%
39
*106%
32
108
'
35%
'
1%
39
29%
*29%
"
36%
10%
*
42
17%
102
39%
39
29%
♦40%
7
•106%
13,900
18%
6%
17
38%
27
*
YORK STOCK
•
18'A
7%
EXCHANGE
"
17%
*100%
18%
10%
23%
1
50
171%
100 y2
18 Ve
7%
32%
14,100
6%
17%
*10%
108
130
7%
7%
100%
7%
*30 %
♦106%
300
47%
106 %
18%
10%
*8%
20
45%
17%
7%
26%
*
7
18,500
*105%
107
loo y2
*10%
57%
*19%
48 VA
4,600
10
17%
7%
9
9%
17%
10%
57%
33,600
*99%
10%
6%
4,600
3%
17%
■'
25
preferred
preferred-.
3.8 ft
24
Range Since Jan. 1
Highest
Highest
t perthare
Mar 23
Feb
—
Electric Co common—No par
$1 conv preference com___No par
4.4ft preferred
L.
.100
........
'
9 per thare
3
104% Mar
5
No par
7%
*7%
*8%
lOo
__
Corp of America
7%
3%
41%
3%
191/2
47%
♦106 %
7%
5.7%
33 %c
preferred
19%
48%
3 V8
40%
10 y4
10
106 y2
10%
6%
3%
3%
3%
48
IVA
210
40%
40
106
107
28,600
147
18%
"...
:
12
No par
*19%
48%
3%
880
1A
1
146%
100%
18
29%
*38
lo
common
3%
107%
17%
39%
29%
*16%
1
1%
14k v*
3%
10%
30
106%
100%
134
Philadelphia Co 6ft
15
t
Jan
23%
Apr
_25
Co
1%
10 Va
6%
No par
30%
146 %
20
32
108%
1
7%
*
5.
5
Brewing Co__
Pfizer (Chas) St Co Inc__
Phelps-Dodge Corp
I
Feb 10
Jan
20%
•
50%
60
,
56
39
30
*11
4% ft
1
105
'
98
Mar
38%
134
Pet Milk Co
6
Oct
110%
105
64
*29%
12
Petroleum
Jan
38%
2.50
Pfeiffer
107
Dec
.
No par
1%
135
13% Mar 23
Jan
42
1%
*11
44% Mar-16
.36
*40%
2
♦36
3
11% Jan
Dec
42
*1%
135
13
Nov
37>/4
19
100%
5
20
13%
Jan
18%
7%
30 y4
107%
146%
10
32 y2
170
600
I,300
•
100
Feb
Jun
-
17%
•99%
7%
100
Pepsi-Cola
.
48'A
*105%
18
Peoria St Eastern Ry Co
•
17
49%
107
Peoples Drug Stores Inc
Peoples Gas Light St Coke
>
6
-
48%
•105%
19%
Pennsylvania Salt Mfg Co com
10
3% ft conv series A pfd——_100
6
48
30%
%
19%
100%
__50
22%
106
146
10 %
18%,
*41
No par
*21%
22%
40%
10
*99 %
:
22%
3%
19%
7ya
common
32
3%
19%
7%
Enterprises
*31
39%
10%
107
No par
32
3%
19%
47 %
s
•31
3%
10
*105%
1
57
40'A
3%
10%
17%
Co
Ford
3%
40
20
7ya
Pennsylvania RR
Mar 24
137
Feb
Nov
21
110-
Feb
Dec
7% May
x8
102
.
17
17%
10
17%
Penn-Dlxie Cement Co
7
Penn Glass Sand Corp com__No
par
5%
preferred
loo
Penn Power St Light Co
No par
Mar 23
24% Feb
3%
l
Penn Coal St Coke Corp
,
10
Jan
3%
39%
prior preferred
conv
%
3%
*18%
30
146%
100
Penney (J C) Co
6
Feb
Jun
■32
104
Dec
.
5#
Penlck St
24
9% Feb'
28
6
'16%
17
Feb
u
146%
3%
l
Proof
Co
13
147%
1
Parke Davis St CO—
Patino Mines St
n
♦146%
No par
Parmelee Transportation
Peabody Coal
%
39%
Mines
*55
,
105
105
147%
3%
Refining
30 Va
104%
39%
100
St
30
30%
105
3%
Airways Inc
1
St Transp—_5
Consolidated
Rust
30%
104%
39%
Pictures Corp
Utah
I Parker
6
Dec
-
10%
26
39% Mar 23
4
Jan
14%
42%
7%
Park
30%
*8%
57
&1
105
•
9ya
*55%
32
54%
3%
Park St Tilford Inc
20
11% Jan
Paramount
15
Jan
7%
5% Aug
17%
6
%
54%
__lo
Parafflne Cos Inc common
4% convertible preferred
4
37
A
54%
147
Petrol
4* preferred
Panhandle Prod
hi
3%
Corp
*8%
57
54%
No par
Oil
World
9%
57
%
1
_
6
*8%
54%
*30 Va
Panhandle East Pipe L com—No par
9
7% Feb 27
21
Western
Amer
Pan-American
49% Mar 20
107
9
A
*104y2
100
Packard Motor Car
Jan
5%
8%
54%
%
7
8
*
100
ft
95%
9
54%
No par
3% Jan
36
32
No par
Mills
148% Jan
Jan
*21%
•8%
hi
Lighting Corp
3y4
12
*
Rights
Pacific
9
4% Jan
210
29%
3
42
1,200
9%
29%
Pacific
»
10
1% Mar 23
28
12%
12
29 Va
7
Jan
12%
57
Feb
36
12%
Shares
56
2% Jan
Jan
12
ttyare
55
10
Mar
12
Sales for
the Week
9 per
54
25
109
12
Friday
Mar. 24
Mar. 23
9 per thare
9y»
Gas
Jan
12
-Thursday
Mar. 22
9 per thare
52%
Pacific
33
12
12
Wednesday
9 per thare
9 per share
12%
SALE PRICES
*8%
Finance Corp of Calif
55% Mar 10
3
♦12
HIGH
Mar. 21
52%
29 Va
;
9
AND
Tuesday
Mar. 2©
10
Pacific
J3 Mar 23
Mar 10
101
12
Feb
Inc
common
34% Jan 11
% Mar 15
135
17
preferred non-cum
No par
2nd preferred non-cum—_No par
4
A Mar 21
Jun
■*
Monday.
»■
9 per thare
1st
29% Mar 10
Saturday„
Mar. 18
Fisheries
9% Feb
57% Jan
Jan
Jun
(1273)
RECORD
LOW
„
Per
3
•
20 % Jan
50
CHRONICLE
v
-
STOCK
10
21% Nov
27%
STOCK
.
EXCHANGE
Sperthare
3
Feb
30%
NEW YORK
Lowest
I per the re
11% Mar
51
Range Since Jan. 1
Highest
Highest
f per thare
YORK
FINANCIAL
"
Year 1949
Lowest
&
common
Quaker 8tate Oil Refining Corp—10
*21
28%
*107
107%
107%
34%
34%
34%
30%
30%
30%
30%
30%
*107
107 y2
20
35 Vs
35%
16,200
30 Va
30%
21,100
109
108%
103 Va
108%
100
32%
*32%
32%
32%
32%
32
32
*31%
31%
31%
31%
700
21%
21%
21%
♦21 Va
21%
21%
21%
21
21
21%
21%
1,000
15 A
78%
8%
15%
15%
14%
15%
113,400
78%
79
73
78
110
*108 y2
*108'A
109
109
•108%
*103
R
9% Jun
66%
Jun
x7
Jun
9y4 Apr
92% Jan
23% Jun
21%
26 Va
101%
29%
Dec
30%
Jun
Dec
Feb
34% Peb
Jun
8% Mar
100
Feb
6
79
.
Mar 23
9% Feb
$3.50
103%Jan 10
27% Jan
3
29% Jan 27
x24% Jan
25
'
29% Mar 16
17%
Jun
23%
Jan
30% Jan 13
20Va Jan 25
22% Jan
Nov
43
Jan
36
Jan
25
39ya Feb
Jan
31
Jan
13
34% Mar 22
J
9
36
-
9
34 Va
28%. Jun
For
.
footnotes
see, page 20.
33
Mar 15
1st
preferred
No par
Radlo-Kelth-Orpheom
3
3
Radio Corp of America com—No par
•
Corp
Ralston Purina Co 3%ft pfd
Raybestos-Manhattan
No
Rayonler Inc common
$2 preferred
Reading Co common
4ft non-cum 1st preferred
4ft non-cum 2nd preferred
14%
*76
1
8%
100
*100%
par
*28%
1
28%
14%
77
8%
102
29;
28%
25
*32%
33
50
*21%
22'A
50
*37%.
38'A
50
*34
34%
14%
14%
78
*100ya
*28%
8%
32
22
22%
*37'A
*34
38%
34y2
14
78
78 A
8%
•
-
102
29%
28y4
32
29
28
32
*21%
38ya
x33%
22%
33%
33%
,a
8%
8%
*100»/a
-
102
29%^
28%
32%
28
14%
77%
15
77
-8%
.
s
8%
22
2
29
27%
31%
8%
102
8%
102
1,100
20,800
10
102
29%
28 %
28 %
28%
27%
28
32
32
21%
21%
900
38
3Q0t
34%
500
28%
27%
32%
28 A
28
22
22
21,4
22
37%
34
37%
34%
37 A
34
37%.
*37
34%
*33%
32%
8%
32%
800
»
2,600
900
18
COMMERCIAL
THE
(1274)
YORK
NEW
STOCKS
Range for Previous
Range Since Jan. 1
Year 1049
Lowest
Highest
S per
$ per share
I per share
10 ¥4
18>
23%
Jan
16% Feb 25
11%
16% Oct
13% Mar 24
Jan
Aug
Jan
6
9
Nov
8% Jan
3
11
Feb
7
Jan
5
60% Feb-
9
Jan
13
20
10% Jan
13
58
12 %
Dec
11% Jan
90
Nor
85
6% May
4% Jun
-
12% Jan
•„
14% Feb 20
Feb
I
14
12%'Jam
5
92
-
8% Jan
Jan
;
5% Jan 25
7% Mar 17 :
4% Dec
4 % Feb
11
5% Jun 30
Dec
9% Jan
13
10
5% Jan
i:
11% Feb
*
'■
$1.25 div prior preference—L_10
Reliable Stores- Corp———-No par
Reliance Mfg Co common-——.—5
Conv pfd 3%% series-—4.100
Remington-Rand common s—-50c
$4.50 preferred
———-"25c
Reo -Motors Inc
1
i
1
Republic-Aviation Corp—J—_ 1
Republic Pictures common——50c
$1- convertible preferred— -——10
26% Mar 22-
60
.
.
'
i
i
11%
14%
7%
*7%
S per
Sales for
the Week
% per
share
S per share
share
Shares
11%
200
$ per
11%
16%
15
16%
*14%
Mar. 23
Mar. 22
share
*11%
$ per share
17
Friday
Mar. 24
Thursday
Wednesday
Tuesday
Mai. 21
'
11%
*11%
*16%
14%
Monday
Mar. 20
Saturday
$ per share
-—No par
--50c
—
Reis (Robt) & Co—
9% Jan, 11
Feb
Apr
2%
0
7
Jun
8%
Reeves Bros Ihc
7
,
22
9% Jan
6% ^Jun
73
*
Dec
27
J&n
50
16
\
Par
Real Silk Hosiery
RECORD
Mar. IS
Reed Roller Bit Co
8% Jan
4% Jun
18%
JanJan
Monday, March 27, 1950
LOW AND HIGH SALE PRICES
1
Mills'com—'—5
1"
3*
12% Feb
CHRONICLE
"
<
EXCHANGE
share
10% Mar 11'
15% Nov
«
t per
share
Apr
13%
Jan
STOCK
'
STOCK
YORK
NEW
<
Highest
Lowest
FINANCIAL
&
12
*11%
12
*11%
12
11%
16%
*1674
1674
*1674
17
*16%
16%
14%
14%
14
147a
13%,
13%
1374
8%
17
874
26%
800
1374
1,900
»
-
.
7%
*25
*974
*59
14%
*88%
10%
26
26
10
10
10
*59
61
*59
61
*26
10
9%
61»
*59
*8
*59
14%
28
974
800
974
2,300
60
*5974
01
600
3%
"26
,03/4
14,606
1474
1474
*88%
90%
*88 74
9074
*88 74
10%
10%
1P%
1074
10 74
1074
2,300
7%
7%
7%
7 74
7%
7%
10,000
4%
4%
4%
4%
474
474'
4%
10,500
-
92
10%
10%
10%
774
7%
7%
4%
4%
474
14%
14
14%
*8874
92
10%
8%
26%
'7%
14
1474
14%
*8372
:
14%
92
"
7%
4%
*10¥2
874
26%
10
874
26
10
10%
7%
8%
874
26
26
10
61
14%
92 *
t
4%
-
10%
10%
10%
10%
10%
10%
1074
10%
26%
*10772
1074
2674
26%
26%
26%
27
26%
27
.
1074
1074
^674
2674
4,700
i
27% Jan
Jun
17
110
91% Jun
10%
91
Aug
.
109% Mar 15
3
:
99% Jan
18
5% Feb
14
104
13
3
Jan
26.
39% Jan
47% Jan
3'
50
98
Aug
94% Jan
5
i
25
108% NOV
13% Jun
21% Dec
19
24% Jan
42% Dec
37% Feb 14
15% Jun
21
Jun
x3%
21
Mar
15.
Dec
68% Dec
31
Jun
36'
Dec
12% Dec
7% Jun
21
Jan
5% Jan
Jun
105
96% Apr
Dec
10% Jun
19% NOV
16
Jun
21% Dec
39%
Apr
61% Nov
12% Mar
8% Sep
35% May
33% Dec
11374 Feb
48% Jan
7% Jun
12% Jan
16% Jan
10974
Apr
'
31
4374 Dec
131% Dec
100% Nov
Jun
-
87
Jun
78
: Jun
9% Jan
May
1374 Dec
6% Jun
77
87
July
974 Jun
.
Jan
22
13
3174 Dec
Jun
70
Dec
Jun
98
*103% July
108
Nov
Oct
46% Jan
90
Jun
91% Mar
94% Jun
104% Oct
78
14
83
Jan
Jan
91
1274 Jan
Sep
Common.—*-
10
'
43% Mar 23
4.50%
1
21 74
No par
40%
*18%
*4%
Manufacturing
Richfield
Oil
Co—
Corp„1
:
19% Mar 24
24% Jan 17
15% Mar 20
Robertshaw-Fulton
Jan
13
38
30%Jatt 13
60% Jan 13,
102
Mar 17
f
3
Jan
19% Feb
23
10% Jan
3
.
29% Jan 13,
112% Jan
7
Jan
80
7
6
.
.
9
.
,
Jan-10
84% Jan
9
91
Jan
7
109
Feb 21
1374 Jan
92
Mar
62
Dec
60
Jan
6974 Feb
—5
——100
1
Co 3.65%
2
Elec Co
(The)
5%
com
69% Mar 22
Seagrave Corp
Jun
44% Dec
41% Feb
' Sears Roebuck
9%
Jun
1674 Dec
15
4%
Jun
6% Jun
18% Mar 23
5% Jan
3
10% Jan
3
Seaboard Finance
44 74 Mar 23
6% Jan
101% Feb
90% Mar 13
Lowest
Highest
t per
I per share
share
$ per
31% May
3774 ,Jan
Jun
21% Aug
22% Jan
3874 Dec
8% jun
10% Oct
7
15% Dec
9 % Jan
15% Jan
Jun
40% Dec
34% Jan 25
5
Jan
Oct
674 Jan 13
2% Jun
4% Jan
3
274 Mar
,
,
1
11
Jan
11
.
May
27% Nov
2674 Jan 13
28
Oct
3674 Jan
2974 Mar 21
2974 Jari
9
33
Jan 25
1874 Jun
24% Sep
2174 Feb
,
127% Jan
Jun
114
*6674
(Frank
(W A)
Simmons
3
3
29% Jan 13
33% Jan
5
Smith
21% Mar 24
25
Jari
12
83% May
95% Jan
10%
•
100% Mar
-
Jun
14% Jun
97% July
*
17% Jan
17% Oct
107% Dec
Jan
474 Oct
7% Jan
10% Dec
3%
40'
Mar
"
98
16
106
7
-
88
4
Jan
14% Jan
102
Feb
18
Feb
14
51% Jan 11.
Jan 16
53
Feb
10
75 74 Mar 22
jan 12
Oct
;
14% Apr
1174 Jan
4
26%
Feb
'
40 1
Nov,
36% Jan
3-
40% Mar
6
36%
Jan
45
Aug
40
Jan
4"
45
1
29%
Jan
35% Nov
34
Jan 13
12
11% Jan
10% Sep
28% Jan
32% Jun
Nov
3.
'
36% Nov
3474 Jan 13.
'
51
4974 Jan
14
Feb
*
G)
1374 Mar 16
,
45% Jun
61
Jan
54
Jan
3
56
66% Feb
1374 Jan
60
Jan 13
Nov
10% Jun
3% May
3% July
6% Jan
574 Oct
53% Dec
73
May
21
26
Oct
Feb
2274 Jun
29% Mar
11% Jan
5
4% Jan -3
2374 Jan
6
25
2574 Jan
3
Jan
3
29% Mar 3
10% Jan -12
9
68
13% Jun
16
Feb
23% Feb
100
Apr
3774 Dec
107,
Dec
34
Jan 13
17% Apr
22% Nov
82
Jun
18% Jan
98% Jan
109
Jan
Jun
55
36% Jun
60% Jun
92
Dec
52% Dec
143
Jan 23
16
106%. Jan 25
2074 Jan
3
8974 Jan 31
47% Jan
3
72
Feb
Feb
Mar
3
10874 Mar 21
23% Feb
3
9274 Mar
7
73% Mar 24
Dec
140
Jan 26
16p
Mar 22
159% Dec
152
Jari
174
Mar 22
70
Sep
61
45% Nov
7474 Nov
66
For footnotes
sea
13,
Jan 25
42% Feb
6774 Mar 24
107 ¥a
107
107
15
1574
15
15
92
/
.92
2574
6874
68 ¥a
6874
*6774
.
80
25%
2574
40
4,000
92
*9174
25 ¥4
i
14,500
900
63
3,500
44
43 ¥4
44 ¥2
4474
443/4
44%
44 ¥4
34,600
16%
17
16 ¥4
17%
17 ¥a
18 ¥a
17%
1874
574
*574
P
*57a
1
574
13 74
13
*90 74
13
* 9 1 74
92
«
13
13 %
13
93
92
92
92
92
Mar. 21
S per share
t per share
28
27%
2774
2774
27 ¥2
27
27
27
27 74
2674
2674
5,100
40
39%
3974
39%
3974
39%
39%
40
4074
4074
40 ¥2
5,800
*39%
•
*108
*108
109
109
*108
11
10 34
11
1074
*1874
19
*18%
3874
7 74
*774
39
10 %
7%
18%
1874
700
39
3974
14,800
7'/a
7¥a
7 ¥4
7¥a
774
774
2,800
274
6,900
3
2 ¥4
274
28
28
28
2774
28 ¥4
27 74
28
27%
2774
30
31
2974
29 %
31
31
3174
31 ¥4
3074
3074
1,400
2374
24
24
24%
24
2474
24%
24¥a
24 ¥4
24%
2474
2474
52,600
*10874
109
108
107%
109 ¥4
107 ¥4
109 3/4
2374
23%
*22%
2374
2374
*23
274
109
2374
,
3174
31%
3174
3174
32
2274
22%
22
22 ¥a
*215/a
22
87
*8574
87
*8574
87
*853/4
♦99%
101
*99 ¥2
101
*99 ¥2
I674
17%
'
17%
16%
17
17%
109
110
*109
111%
4
4
4
1774,
111'
4 74
1074
1074
1074
1074
*52
53
1074
17
17 ¥4
111
11174
10%
1074
*52
5274
75 ¥4
75 ¥4
*75 ¥4
77
12,%
1274
39 •/»
.39 ¥1
3974
4274
*4174
437/2
*41
3574
3574
35%
137s
1374
13%
13%
13%
1374
1374
1374
37
36%
3674
36 ¥2
37
52
5174
52 ¥2
52 ¥2
53 ¥a
5274
9/64
7/64
¥a
^2
¥a
34
9/64
343/4
3474
34%
34 ¥2
58
58
5774
58 ¥4
5774
58
1,200
36%
5274
51%
'•h
7/64
3474
3474
3474
34 ¥4
57%
58
3474
3674
;
39 ¥2
39 ¥2-
'
5774
*5674
6374
-874
8ya
■
*574
1
674
70%
57%
*62
,
6474
*61%
*1274
1274
12%
'87 4
♦574
*67
81/4
574
70 ¥2
24
24
28
2774
974
7174
9Vl
28%
974
*70%
71%
24
24
28%
974
9 ¥.
*70%
71 ¥2
17%
1774
1774
18%
1774
18
38
38^
38
38
38
38
*108
2274
;
10874
91
6574 *
Standard G & .E Co $4 pref__No par
2274
91
91
6974
15474 154 %
,
"
168
*
*108
2274
170
7034
170
6
*574
72
24
2434
28 ¥2
-
*68
2874
2874
9%
*974
9%
•70 ¥4
is y#
*37 ¥2
38
*108 ¥2
109
171
169% 172
,
172
.974
.
8,800
974
10,800
570
-1774
18
5,200
2374
70 %
2874
2774
187'4r
*, 33
10874; 10874
38
91
70%
24_
6974.
7174
500
38
38
*10874
109
•
60
*
2374
12,400
,9074
91%
830
7374
49,900
23
6974
159
15974
15974
,
17334
172
172
6574
66 74"
66
6774
12,900
16,900
34,400
160
159
174
171
65%
65%
65%
46%
47
4674
47%
4674
47%
4674
4774
69
69%
69 ¥4
6974
6974
69%
6974
70 ¥2
4774
2,600
17%
23
158 ¥2
"60
24 ¥4
71
9074*
7174
.5%
72
*70
91 ¥4
157 ¥2
*534"
*68
70...
23 ¥a
.
"
70,
23
69%
69
18,400
*91
69
46%
68%
874
91.74
4674
46
8¥ir
23 y8
65 ¥4
65
600
874
•B3/*
23
70
20
1274
*91
155
6.200
1274
10874 10874
72
481,600
12 ¥4
.2374
91%
6574
6474
18
9/64
*12
10874
1547-4 156%
6474.
70
52%
3474
6474
24%
28 ¥a
9%
36%
*62 ¥2
70 ¥2
24
28%
.
3674
10,000
36,700
5,000
14,500
6474
6
*574
70 ¥2
24
*7074
V4
*574
1374
-
*63
8%
8
*68%
-974
-
8
200
3574
13%
'
43 ¥2
3574
12 V4
12%
574
2774
;
8
3974.
64 ¥2
*63
63
,12 ¥2
7074
24
1
1,200
1,900
35%
9/64
*67
500
12%
35 ¥2
3674
-
7774
12%
42 ¥2
x5174
1274
•7574
1274
3574
3634
3674
5174
5274
H/64 13/64
63 %
21,000
*53
*52
*12%
4,000
11
10%
10%
5274
39 ¥2
43 ¥4
.
13?4
*1274
1074
4
3%
4y«
3574
3574
25
17 %
11074
4
*42%
1374
100
43,400
1,400
17%
11074
3574
3974
—5
*5674
700
43%
39V4
*41
4374
3474
1674
4
*52
53
10
101
1674
17%
4
4
39
*52
16%
*9574
16%
111%
17
*109-
1674
87
87
101
3974
1
-
87
101
3574
No par
2,300
*99%
*41
100
2174
*8574
1074
common—No par
2174
87
*374
*
4,500
101
*16 ¥2
600
23
3274
2174
21 ¥2
1674
6,200
23
3274
31%
1674
2,800
3274
2374
32
1674
114
110%
11174
109
2 2 74
*86
7.50
.
*
31
31
17
23%
23%
2%
3974
_25
27a
274
2774
31%
2 74
25
Indiana
274
2 74
2874
*31
—25
Standard
274
7%
*2774
'
1274
Standard Oil of New Jersey
1,400
19
4074
74 ¥4
4774 Mar 24
10 ¥8
19
3974
74%
70% Mar 24
1074
10%
10 ¥2
19
40 ¥4
1274
$6 prior preferred.,
—No-par
$7 prior preferred
——_N»par
Stahdard Oil of California
No par
-
19
39 ¥4
74%
Square D Co._
Squibb (-E R) & Sons common
i_l
$4 preferred
——__Napar
Standard Brands Inc com—_Nopar
$3.50 preferred
I—
No par
10%
109
19
1274
No par
5
1074
*108
109
*108
109
6,900
39%
39
71/4
108
109
19
11
*1874
3874
2
Shares
'
27¥a
27
1274
—z.
I per share
share
28
2074
7474
common
t per
2774
27%
1274
preferred
Sales for
the Week
28
7%
—No par
Friday
Mar. 24
27
X2774
76 74
_.
180
2774
12%
Southern Co (Tpe)__l_
92
28%
♦ 74 %
1„
*9074
92
27
'
Edison!
12,900
28%
'
preferred
13
Mar. 23
share
4,200
700
574
574
1274
Thursday
Mar.22
$ per
,
1374
*90 ¥2
Wednesday
Tuesday
574
13
13 y8
Monday
$ per share
574
5%
5%
6
13%
Mar. 20
*3874
50
-
14
50
4374
—20
Jan. 25
page 20.
50
110
9174
*9074
91
44
—50
of
96 ¥2
1774
Southeastern Greyhound. Lines5
South Porto Riqo Sugar comJNo par
Oil
3,200
>
4374
17%
*
Conv- $4.50 -preferred
*
7574
100
'• 106 ¥2
9674
*106
25 ¥4
2574
*68
53
Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel-Inc common
1$ 74 Feb 24
40
t
39,600
21,200
44
—5
$5.50 preferred
24
68
*52
Spear & Co
24
67%
.
5,600
30 ¥2
7474
96%
*10674
15%
92
.92
2574
16 ¥a
17%
—
18
1474
1474
92
86 ¥2
30
10674
90%
8¥a
1674
r.
874
8674
*'•.
76%
96 ¥2
90%
107 ¥2
106%
"31
*106
10674
140
:
16%
75 ¥2
77
96 ¥2
9674
3,500
104 ¥2
."4674
4374
1774
•
Spalding (AG) & Bros Inc
1
Sparks-Withington Co
—Nopar
70% Mar 22
10% Mar
Jan
Feb
3
71% Apr
18% Dec
6% Jun
64
7
4
Jan
r
107%
25%
66%
30 ¥4
*106
47
150
*103
\
87
16s/4
31 Vs
76%
..
12,300
5,700
Mobile & Ohio stock tr ctfs
574 Jan
60
14%
30 ¥1
1174
*146
874
*86 ¥2
16%
*90
"
non-cum
■;
1174
47
'874
87
v
11,100
150
150
*103
8¥a
8%
90
*91%
10474
*86 ¥2
1
30%
78
90
I
}
f
47
150
440
3474
104%
463/4
47
*148
*103
,
1674
96%
106 ¥2
*10674
1174
:
8,100
11374
34/
.
14,900
65
13% Feb 14
1074 Feb 16
•
96%
10674
~
11 ¥2
11%
-
1374
5%
9
77
3474
3474
3474
112¥4
34 ¥a
11%
17
'
3474
112 ¥2
35
6774
58V4 Mar 23
Feb
87
34%
113%
34%
36
1674
2974
3474
11374
34 ¥2
11274
35
112%
20 ¥2
1
5% preferred,
—
5 % % conv preferred—
Railway
1,400
1374
111
Southern
1174
6474
Rights
12
11%
2074
*1674
Southern Pacific Co_i
38% Jan
11%
14
'
Southern Natural Gas Co
11
*11%
20 ¥2
"
5474 Feb 2T
3274 Feb
11%
6374
Corp———lo
37% Jan 20
Jan
1,900
1174
2,100
2,100
14
1
4.
15/64 Mar 17
41
5774
68
—No par
3
25% Jun
22
57
20 ¥a
,_15
7/64 Mar 21
Dec
22
57%
1
69 ¥2
1
California
18
22%
57
14 ¥a
*99%
Southern
1774
22%
56%
20%
*2274
8%
3674 Mat IT
1774
18
22%
14
South Amer Gold & Platinum
1
South Carolina E & G CO com—4.50
,
1774
17%
22%
66 ¥2
Solv'ay American Corp 4% pfd—100
,
104
*10374
103 %
*102
2074
_
4% Jan 12
11
Jari 28.
2,100
103%
66
1474
4.20%
preferred—'I—100
Smith: & Corona Typewriters-No par
Socony Vacuum Oil Co Inc_!
1—15
VI74 Mar 20'
113% Mar 16
3
13
900
66
20%
(A) & Sons Carpet Co conl—2o
3%%. preferred
:
100
8.
38
65
-
65%
Pen Co—
—
IT
Jan 20
Feb
374 Jan
974 Jan
68
Mar
33
66%
15
x20%
No par
—No par
Co—
(A O)
1574
3774
66%
xl4%
„N0 par
Skelly Oil Co,
SlosS-Sheffield' Steel & Iron.
22
4
52% Oct
71% Dec
53% Mar
II
84% Feb
.Mar24
Mar 4'
15
37%
66%
1474
Smith
21% Nov
24
13,800
15 %
38
6074
15
Jan
20% Jan
15%
900
20%
»
No par
22% Dec
2,200
64
Sinclair Oil Corp
3374 Dec
31% Jan
88% Feb
100
2 0 74
2074
56
,
1174
*86%
96%
6674
19 %
14%
No par
19
8%
17
31%
1474
91(4
20%
*102
11%
4674
4674
150
150
*103
104%
8%
8%
87
25%
20%
66%
11
/
24%
60%
21%
44,800
2 0 74
Silver Bang Coalition* Mines
16% Jun
Jun
20 74
91%
,
25%
20,400
63%
Simonds Saw &; Steel—:
,
1474
1474
92
574
42%
19
1474
Sheraton Corp of America
2474 Mar 22
97
Shattuck
Sheaffer
12
22
15
107%
2474
—No par
preferred
cum
3474
150%
106% 106%
89%
89%
*10674 107%
89 %
*91
—_1
Corp__i
Shell Oil Corp
8% Feb 21
,*96
"106%
14%
Par
Steel
11274
*
104%'
78% "78%
96%
*10 6 74
30 74
47
57a
62%
1
$4.25
2174 Feb
8
4074 Mai' 22
3% Jan
78%
* 88 74
i_No par
Sharp & Dohirie comriion
20
J
31%
Mar, 18
Sharon
1174 Apr
31
*106
—5
Shamrock Oil & Gas-
106% Feb
1674
Saturday
28% Mar
14
8%
*86%
16.%
EXCHANGE
2874. Mar 17
30
7
Co
2474 Feb 14
4274 Feb 23
*102
87
*96
^
150
"
874
■
78%
"
47
47
*1874
5%
,
*37%
10374
34%
3474
11274 11274
151
104%
'
41%
18%
5%
-
"
11 %
8%
Co.———No par
2574 Feb 16
37% Jan 13
105% Feb
6674
il
43%
18%
47/a
1574
38
11 %
2,500
1474
—
,
4
34%
42
19
690
21%
21%
15%
ce%
35%
STOCKS
NEW YORK STOCK
.$ per share
share
&
$4.50 preferred—i
1
4
24%
15%
37%
66%
*102
4274
2174
21%
4%
15%
103
2074
300
97
107
10674
21
4174
xl9
5
39%
35
16%
——1
-
.
.
*102
97
9874
5
__
Servel Inc common———
94% ^an 11
Range Since Jan. 1
Highest
Year 1949
21%
34%
*86%
1
i
Seiberllng Rubber Co
1
Range for Previous
Lowest
21%
21%
49
*47
49
107
No par
Co
Seeger Refrigerator
674 Jan 10 '
13s/a Feb
1874
*474
35%
*4674
100
Seaboard Oil Co of Del
1574Mar 17
3374
■
No par -
preferred series A—1
21% Feb
11% Dec
41%
18%
478
113
*149
—100 tvtc
34%
113
*102
5
com.
preferred—„
Seaboard Air Line
19% Jan
3
41
1974
11%
_Nopar
100
-100
pfd
10% Jan 31
15
41%
4%
35%
.—No par
47% Jan 23
Jun
■
vtc—.-100
$3'.40 preferred
preferred——I
Dec
77
'
.
non-cum
11% Dec
Jan
40%
*18%
11%
Jan
19% Sep
40%
1974
47a
11%
574
56
*20%
11%
3.35%
10
1674 Jan
2174
11%
Scranton
25% Mar 23
47%
10674
56
4.30% preferred-
2
Jan
*0774
18%
Scovill Mfg
1574 Mar 23
86% Jan
20
*47
9874
22%
$4
Mar23
104
48
106%
18%
preferred,
12,200
10674
56
5
1,800
3974
*97%
22%
-
117a
38%
*47
18%
(Jacob)
1174
39 %
21
66%
180
11%
39%
21%
157a
102
11%
39%
217a
21%
102
11%
33%
98
57%
.
Mar 16
96% Mar
9774
22%
preferred
—100
St Regis Paper Co common—'—5
1st pfd 4.40% series A——100
Savdge Arms Corp
5
Schenley.Industries Inc———1.75
.Scott Paper Co common—No par
*
.
49
*47
49
9774
18%
Preferred series A 5%
7
107
10174
3974
57
5%
17% Feb 24
34% Jan 11
105% Feb 20
1017 a
102
1174
11%
<
22%
Safeway Stores, common
9
.
*100%
39%
18%
,
2'
Feb
101%
1174
39%
57
St Louis Southwestern Ry Co—100
9
22%
3,100
22%
9
90
23,000
*1874
—1
——No par
St Joseph Lead Co———
~10
St Ii-San F Ry Co com vtc—No par
Mar
574
22%
*22%
*56%
11%
Ruppert
4
105
29% Mar 10
Feb
Mar
Mar
.—100
A
48% Jan 10
165¥aFeb21
1274 Jan 13
Feb
31
12% Jan
7% Feb .28.
86% Jart 24 -
66
Jan
preferred, series
574
2274
Ronson Art Metal Works Inc———1
41% Jan. 10
Jan 24
94
12
4%
5%
2274
Royal Typewriter—
Ruberoid Co (Thei
9
37
1974 Feb 14
43% Jan
3
123
Jan 20
93
,
28
114
7
Mar 24"
,
1
Feb
58% Jan
54% Mar 13
34
Jan
3
16% Jan
x20
5
12
574
2274
107%
*38
20
57a
2274
107
22%
7,100
574
107%
1574
39%
6674
*10174 103 ,
10374
200
1774
10374
*103
22%
107%
.1574
*38%
6674
conv
,
109
1674
17%
574
11%
.
109
109
1774
*103
227 a
217a
22%
—
Controls com—1
preferred
25
Rohm & Haas Co common———20
4% %
Mar 21
67% Jan
104
Roan
11
5% Jan
*47
*97
10374
10174
101
11%
17%
10374
22,900
5%
22%
22%
109
17
*103
17
*103
5%
101
397a
16%
.
104
5%
107
107
Ritter Company
12
3
2174 Dec
36% Feb
-
104
-
4874
*96%
series—j—
17%
109
*10774
*10774 109
108
17
9774
*47
100
series'—_—100
3.60%
Rheem
19% Feb 27.
16
1374' Jun
Jun
—*——-10
Preferred
Preferred
Mar 15'
1
I—10
—_—No par
Antelope .Copper Mines
Robbins Mills Inc
——-20
Feb
4% Jan
16
'
22%
Id '
Jan
107% Jan
8
xl05% Mar
102% Jan
f
Reynolds Metals Co com
5%% convertible preferred—.'-100
98% Feb. 27
Jan
—2.50
No par
,-i~<
Reynolds- Spring Cos
!—*
Reynolds (R J) Tob class B
7
37% Jan
85% Jan
.
Rexall Drug Inc
5
42% Mar
.
■
102% Jan 20"
12
Feb 20 '
39% Oct
40
Sep
34%
,
26%
26%
*107% 1107a
16%
17%
103
103 '
r
57a
6
*22%
2274
101
101
*11%
11%
*
3974
39%
,
conv
Revere Copper & Brass com—No par
5%^ preferred
-100
7
23% Jan
Jan
9
'
Mar 20
6% Jan
100
Jan
20% Jan
"
Dec
10
6%
17% Mar 15
Dec
23
Sep
4% Jun
13
Steel Corp com
No par
prior pfd series A—100
Republic
4
Jan
14% Jan
103% Feb
Jun
98
21V* Mar
23% Jan 13
103
6% Dec
100
4% Aug
18%
Jan
16% Jan
Jun
•
2,300
3,900
f
Volume 171
Number 4893
THE
NEW
Range for Previous
20
Range Since Jan. 1
$ per
27 ft
Oct
May
102%
Dec
Jun
25% Jan
Jun
48
x27
Jun
10
July
35
Oct
101
1021/4 Feb
21
18% Jan
24
48
Jan
6
50 % Mar
Jan
26 ft Mar
1
33/4ft
Jan
12 3ft Jan
3
15
27
Jan
393/a Feb
47c
Steel
Stores
Bros
Jan
Jan
98
Feb
21
7
Jan
33%
Dec
31ft Feb
6
34 ft Jan
9
Stevens
9ft
Jun
14ft
Jan
12
Jan
3
183/4 Feb
14
9ft
Jan
13%
Dec
12ft Jan
13
14i/a Jan
7
15ft
Jan
4
12 ft
Feb
17% Mar 16
18 ft Jan
20 ft Jan
231/2 Mar 23
13
303/4 Mar 23
71
23
Dec
26
Jan
52
Dec
453/4 Jan
>
Oct
96
66%
8% Jan
Sep
9ft
Jan
951/2. Jan
5%
3
99
Mar 14
62% Mar 24'
Oct
551/4 Feb
15
117
Jan
Dec
118ft Jan
14
9
Jun
11%
Dec
10 ft Jap
15
July
17%
Jafi
16% Jan
30 1
20
Mar 23
21ft
Sep
19
25
22
Feb
55
16%
122'
)
Jun
36 ft
Feb
60"%
Dec
7ft Mar
12 ft
Sep
127
Jun
227
Jan
Jan
Dec
195
Jan
Feb
14
41
ft
Dec
38
Feb
11
106ft
Dec
108%
Dec
107
Jan
4
7ft
Feb
11%
Nov
10ft Jan
4
27ft
Jun
36%
Dec
34
Jan
13
Sft
Jun
12.
Feb
9ft Jan
3
.
17 ft Aug
76ft
Sep.
3ft
24ft Jan
9%
Jun
2%
Jun
13%
•
Jun
19 3ft Jan
891
*
Jun
74
Mar
6% NOV
12 ft
Dec
6%
Dec
4ft %
2
23% Feb
4
9:
.
83 ft Jan
7ft Jan
3
12ft Feb
5ft.Mar 21*
,
10
Nov
Jan
48%
Jun
65% Nov
59 ft Jan
lift
Jun
18%
Nov
15 ft Jan
56
Jun
70 ft
Dec
69
Jan
Jun
26 ft
Nov
20 ft Feb
500
14%
381/4
38 ft
38
ft"
38 ft
38 ft
38 ft
38ft.
38%
381/b
38 ft
38'A
38 ft
1,100
6,000
-
*99
.I
1
Dec
533/4 Jan
44
5iy4 Mar 23
Texas
Jan
10 ft Mar 23
123/4 Jan
31
Tetion
July
Jan
14 ft Jan
16% Jan
31
4% Mar
8%
Nov
7 ft. Jan
13 ft
25 ft
Apr
32 ft Aug
12
Dec
14
4%
35
Oct
Jan
Jun
Jan
20'
Jan
Mar
7
1
*5
7
Jan
13
34 ft. Jun
56%
Dec
52
Jan
13
Apr
95
Dec
94 ft Jan
4
2 ft
May
3% Jan
3
4%
Oct
,
17.
Mar
6
10c
Mar 20
7ft Jan
11.
10
593/4 Mar 17
99
Mar 24
5ft Feb
6
42% Feb,
Dec
Jun
25ft
Jan
102% May
13ft Jun
107 ft
Dec
Jan
14 ft Feb
3
16% Jan
11
33 ft Mar 17
36ft Jan
5
19%
32 ft
19
Nov
43 ft Mar
36
Mar 10,
22
Jan
3
105ft Jan
5
251/4 Mar 24,
106% Mar 21
$ per share
I per share
Jan
16%
Dec
143/4 Jan
17 ft
Dec
16 ft Jan
3
16%
Feb
15
9%
Dec
108 ft
Oct
6ft
Feb
98 ft
Feb
•
9% Aug
Mar
8% Jan
104ft Jan,
Jan
17% Feb'
20 ft Feb
18
7
Jan
4
10 ft Mar 23
13
1
3
109 ft Feb. 28
Jan
3
12 3/4 Feb
18
25 ft
Dec
21
Mar 17
25ft Jan
6
371/4
Dec
34% Mar 23
36ft Jan
Dec
101/4 Nov
30
83,300
30 ft.
29%.
68 ft
10
67%
*67 ft,
68 ft
68
12%
67%
10
10ft
*96%
100
59ft.
59ft
*120ft
12%
102f
Jan
6
103
Jan
5
81/4 Jan
5
12% Mar. 18
Jun
34 ft
Nov
29 ft Jan
18
4ft
Jun
6%
Jan
43/4 Jan
3
8ft
Jun
10%
Dec
10
Feb
21
39
Nov
46
Jan
41ft Mar
10%
Feb
123/4
Apr
12
19 ft
Jun
31ft
Jan
6
Jan
9
39ft
20
21%
22
21%
22
*19'/2
20
7,900
59 ft
59 ft
59%
59%
60
€0
603/a
*53»/a
60
2,300
10 ft
214
lift
413/4
111%
11
10
10 ft
209
10
lift
41ft
10
10
10
210
209
.
11
215
216
220
41ft
111
*
lift
*40 ft
111
*10 ft
lift
41ft
11
9%
9%
9%
225
220
9%
225
229
lift
2,700
411/4
41
41
41
41ft
600
111%
*110
10%
*110
*110
lll7/8
111%
10 ft
10%.
10%,
10%
10%
10%
800
37%.
37%
37%
371/4
371/2
14 ft,
14%
14%
14 ft
14%
4,800
16,400
13*700
37%,
14%
14%
14%
14'4
14%
37 ft
14'ft.
21%
21ft
21ft
21%
21
21%.
21ft.
21%
21%
21%
82
82
82
82
81ft
82
801/4
22
80%
21%
82
80
81
6%
6ft
6%
*12
,
12 ft
*11%
6%
'
6%
12
53/4
5ft
5ft
18 ft'
18%
18%
63%
18 ft
18
"
6%
11%
5%,
*18 ft.
63 ft
6%
12
5ft
63ft": 63%
17%
*12 ft.
12ft
5 ft
-
6%
♦■12 ft
121/4
270
3,300
12 ft
2G0
5ft
1,100
5
5%
*5ft
18
18 ft
*17 ft
18 ft
500
63%
63%
63%
63'/a
64 ft
25,800
18
17%
5 ft
18'/a
63 ft
63%,
18
6%
*12
5 ft,
18%
63%.
18 ft
200
10%
noft,
37 ft,
6ft.
3,000
lift
37%
6ft
2,900
11%
37ft,
6ft
7,500
11%
*40%.
110ft 110ft
18
ft
18 ft
18%
18
'
18%
9,900
*18
18%,
ft,
-
•
733/a
73%
73/
73%
72 ft
73
72
73
72 ft
72 ft
72
72 ft
4,300
t
21%
21%
21%
22
21%
21ft
2fl%
22%
22 ft
223/4
21ft
22 ft
9,400
56 ft
58 ft
61%
60 ft
61ft
593/4
61
481/2
50 ft
51
51 ft
50 ft
51
3,200
11
lift
10 ft
11
10 ft
10%
9,500
151/4
143/4
15 ft
15
15 ft
1,400
11,300
.
56
57%
48
48
48
lift
11
lift
*153/a
15%
15%
15%
15 ft
15 ft
103/4
*37ft
*13
38
*37
13%
*13
—1
*6ft
r—
No par
f
,
..._—,1
_*
6%
40ft
43/a
,
43/a
18%,
19
10%.
6ft
37%,
*13
ft.
19
13%
6%
6%
6%
*40
40%,
4Va
5
19
19
4%
19 ft.
ft.
*7ft
7ft
7ft
59 ft
58 ft
59
7ft
ft
58 ft
58%.
98ft
97
97 ft
97 ft
971/2
*97
43/a
t
No par
43/a
*37
24
.
s
ft
38
24 ft
106
106
ft
7 ft
23%
4ft
*37 ft
24 ft.
4ft..
38 ft
24 ft
23%
106
106
7ft
*4%
38 ft
4ft
*37
*151/8
lift.
*37ft
10%,
40 ft
40
4
10 ft
38
13%
ft
59 ft
'
100
Co com„No par
l03/4
*39
,•
i-15
com
106
l'lft
|
12'A,
38:
38
13
13
6%.
*40
3%.
.
*7%.
58%:
*971/2
41/4,
7"
*36
24
13 ft
,
40 ft
40 ft
,
19
•12%
«
6ft
3%
7ft;'
33/4
13 ft
6
*40
1,120
100
2,000
403/4
33/4
19
7ft
6
18%.
150
4ft
3,700
19
1,400
7ft
800
58 3/4
583A
59
58
58 ft
2,500
973/4
98
99
99
•'
*36
106%
15%
14%
151/8
15'
<•
151/e
333/4
33 ft
33%
33
33%,
33%:
35'ft
4%
24%
-
4ft
38
36
24%
106%
106%
,
15
*7'A
7ft
4%
4%
38
l53/a
ft
393/4
22,100
98 ft
33ft
.
123/8
393/8
6'A
243/a
*106 ft
12 ft
40
*123/4
'
4ft.
19
12 ft
38
6'ft
40%
19
11%.
>
ft
153/a
5
1063/a
15
'
343A
4ft
36
24%
25 ft
1061/4 IO6V4
150
800
100
18,100
360
15 ft
143/4
14%
8,600
35 3/8
345/a
35
9,300
LOW AND HIGH SALE PRICES
STOCK
Saturday
.
Mar. 18
'
'
Par
Corp
$ per share
Truax-Traer Coal Co
.
'
preferred
No par
$4.50 prior preferred
No par
Twin City Rap Transit'Com—No par
preferred
Co
50
Mar. 21
$ per share
Wednesday
Man 22
Thursday
Friday
Sales for
Mar. 24
Mar. 23
the Week
S per
share
17
17
17ft
17
17ft
17.,'
17ft
16%
17ft
16%
17
19
18 ft
19
18 ft
18%.
18%
18 ft
18 ft
191/8
18 5/e
183/4
16
*15 ft
16
ft
*15 ft
16 ft
*151/2.
161/2
*151/2
9%
9%
9%
10 ft
16 ft,
10i/4
109 ft
*1071/2
108 3/e
108%
108%
16
93A
*
9%
109ft
109
*ll3/4
—5
20th Centuiy Fox Film com„No par
Tuesday
r
16%
5
No par
Monday
Mar. 20
*18 ft
,
...2
Tri-Continental Corp common—1
$6 preferred Z
c.,
^.No par
Coach
11%
373/a
*81 ft
1
33,500
19%
21%
No par
'
Twin
12%
19 ft
21%
37ft.
-
2,500
19
lift
No par
prior
12%
.
»
21ft
55 ft
Bearing
conv
123/4
10
.
121ft
18%
*47 ft
Timken
5%,
12%.
62%
*120%
59%
*10ft
No par
conv
122
21ft.
lift
—
Transamerica
12%
12%
12%
61
62
61
*120%
8,500
18%,
56
convertible
YORK
61
*120% 122
400
10%
99
21%
59 ft
..No par
Roller
10%
*971/4
18%.
47
common.
preference
66
103/4
981/2
21%
lift
preferences—^_No par
Co
*65
10 ft
*97%
,
19
47
Tide Water Associated Oil com—10
38 ft Mar 21
12 ft
67
10ft
97 ft
60%,
60
122«
553A
$3.75 preferred
Timken-Detroit Axle..Z-
$1.50
59 ft
68
10
97 ft
ft-100
*120 ft
122
12 ft
10 ft
10
*97
-
8,300
213/a
*40%
1
preferred
preferred
Thompson-Starrett
5
103
29%
29%
50c
Transue & Williams Steel
15ft
•
30%
671/2
30%
100
11;
Jan
Sep
30'/a
30
ft.
8,100
,
Transcont'l & Western Air Inc
Jan
Jan
Trust—
27
19ft
4%
30'/a
13'/a
30ft
EXCHANGE
32ft
98%
——5
.—25
.
NEW
10
24
19,600
*111
1
;
$ per share
13
Jan
.
100
23 ft
*11
No par
certificates
conv
Highest
10
Jun
17 ft
22%
10 ft
,
,.———9
4%
Range Since Jan. 1
Lowest
Highest
10
lift
*17%
23 ft
STOCKS
Year 1949
$ per share
13 ft
17 ft
22%
*17%
14%
common
Range for Previous
Lowest
12%
17V2
23%
*59
10
—
Thompson (J R)
Thompson Products
$3,50
13ft
17%.
23
23
*209
preferred
50
iThjrd Avenue Transit Corp.No par
Tho;nas Steel Co (The),..
—-—1
6
40
12%
,*17%
22%
25
Thatcher Glass Mfg Qo common—5
$2.50
12%
17%
*17%
23 ft
21%
100
Land
conv
Thermoid
13 ft
17%
22%,
50
Pacific Ry Co—
The, Fair
12%
12%-
17%
*18%
"
1_12.50
;
Inc
$2,40
13 ft
13ft
22%
12 ft
25
—25
Paper Co
share
17,000
16
60
preferred
&
$1.25
Mat 23
193/4, Jan
84ft
23 ft May
Sub
40 ft Mar 20
17ft Jan,
9
7ft
r
13 ft Jan
3 3/4 Jan
Jun
6
12% Mar 23
40
36 3/4 Jan
Nov
14%
3
5% Jan
6%
Mar
613/4 Mar 22
3
14
301/4, Jan
12 3/4 Jan.
41ft Oct
Jun
1%
Feb
110
32 ft
15%
122
Pacific
Dec
991/2
32
16 ft
*59ft
Producing Co——10
Texas Gulf Sulphur.'
—No par
Texas Paoifio Coal & Oil
l
1.10
lift
15%
99 ft
33%
16 ft
9%
Gulf
58%
99 7/8
32%
16%
*963/4.100
-
Co
48
*98%
33%
15%
*673/b
'
Texas
Jun
99 ft
33 ft
15%
29/4
;
Texas
Jun
99 ft
33%
15 ft
22ft
►
8
99 ft
33 ft
15 ft
*17 ft
t
36
99ft
33%
15 ft
12%
5
Tennessee
Feb
99
33 ft
15
' *120ft
Sylvania Elec Prod Inc com__No par
33 ft
99
33ft
—No par
Talcott Inc (James)
■
99%
15
20
common
*28
33 ft
Telautograph Corp _u—————5
91
300
28 ft
:,3 '
74ft Mar 17 "
300
14%
27 :
233%.Jan
49 ft
28
64 ft Mar 24
16
*48'/a
14 ft
18% Mar 23
3J
16ft
491/2
28'ft
Corp
•
49 ft
*49 ft.
50
14V2
6ft Jan
13
50
*49 ft
8,200
18,800
14%
preferredJ— 100
Corp
20 ft
28
:
,
r
19%
14 ft
18% Feb
3
25
17
20 ft
28
Texas
18
20
Shares
27%
102
14%
common
$4 preferred
__r„
Symington Gould Corp—
17'
20%
27 ft
102
28
Swift International Iitd
6
20 ft
27%
14%
Sweets Co of America (The)—4.16%
Swift & Co—
_■
,„25
37 3/4, Mar 23
15% Mar
Steel
Sutherland
Mar 13
11% Feb
3'
1.1% Jan
Superior
42 ft Mar 16
112
9
Jan
5ft Jan
27
20%
20%
27 ft
102 ft. 102V4
28
No par
Corp
20 ft
50
*27 ft
27 ft
101%
14%
Mining Co_—
Superior Oil of, California
Mar 24
12% Feb
*49 ft
27 ft
101%
28%
Sunshine
15
493/4
$ per share
27 ft
102 ft
27
14%.
5
4ft %' preferred series A
4ft %, preferred series B_
Sunshine Biscuits Inc.—
229
3
10
,Oil
20 ft
share
Sales for
the Week
*101%
103
20%"
Friday
Mar. 24
Mar. 23
f per share
14%
15
lift Feb
9
Jan
,
3
27%
$ per
28%
5
preference
Class A 4ft %
Sum ay
S per share
*27ft
100
Sun Oil Co common/
9
3
27 ft
*102 ft
Thursday
Mar. 22
*14ft
common
60% Mar 23
25
9% Feb
Jan
12y8 Feb
25
14%
8% Aug
30% Jun
xl22
27
PRICES
Wednesday
1
Sunbeam
10% Mar 23.
20
Tuesday
Mar. 21
$ per share
49
Corp
1
,___1
Corp
:
—No par
Sun Chemical.Corp common
1
$4.50 series A preferfefl
Nq par
7'
Mar
prior
Monday
Mar. 20
19%
Studebaker
13
1
19,
No par
Stone & Webster
13
(1275)
RECORD
103
*102
50
Inc
Stokley-Van Camp Inc
Dec
Feb
Feb
common
& Co Inc
Dec
Jun
Feb
(J P)
26%
'
100
Stewart-Warner Corp
18 ft
28ft
6ft
Mar
21%
16 ft
52 ft
100
S per share
10
common
Spring
94
90
Mar. 18
preferred
(The) L S
Co
Sterchi
10
Ohio
24ft
*
Saturday
convertible
Starrett
5
28
of
Sterling Drug Inc
31/2% preferred
100
CHRONICLE
LOW AND HIGH SALE
STOCK
preferred series A
Standard
1
32 ft Jan
13
36% Jan
Standard Oil
2
20% Mar 18
38ft
41ft Aug
YORK
Par
273/4 Mar 23
4
Feb
Dec
20 ft
40
STOCK
EXCHANGE
$ per share
Dec
12
NEW
Highest
t per share
share
Jun
96 ft
Lowest
Highest
$ per share
YORK
FINANCIAL
STOCKS
Year 1949
Lowest
&
COMMERCIAL
12
21
21ft
*35ft
36
*101 ft 103
»
12
—1
1
;
37
*5ft
*10 ft
9%
109
*11%
$ per
10
12
11%
21ft
21ft
35 ft
35
*101
103
12%
12 ft
12
38
37 ft
share
*16
10
1081/4
107 ft
Shares
17,600
6,400
16ft
100
lO'/a
56,600
1073/4
290
11%
11%
11%
lift
11%
10%
lift
4,600
21%
21ft
21ft
211/4
21%
"21ft.
21%.
35
35 ft
34%
35
35ft
35ft
16,700
1,200
*99 ft
101
102
*100
•
10
107%
$ per share
35 ft
21ft
*35
ft
$ per share
*99ft
101
*100
102ft
—
—
12ft
ft
-
12%
12%
12 ft
12 ft
12%
12ft
12ft
6,300
37 ft
38
38 ft
x37Va
37 ft
37 ft
371/2
37
37
1,120
5 ft
5ft
5
!
5ft
5ft
10%
42
*10%
11
10%
10%
10%
11
10%
10%
10%
42
42
42
42'ft
42 ft,
43
43%
44
44%
44
44
12%
12%
12%
12 ft
12 ft
12 ft
*12 ft
12 ft
12 ft
12 ft
12%
12ft
2,200
29ft
'
43%
*112
113
j *97 ft 102
95
95
* 104% 104%
29%
29%
29 ft
293/4
29%
29%
29%
29%
29%
29%
10,100
35,700
5ft
Sft
.
5 ft,
5
5
5ft
2,000
U
f4.„
33%
107
Jun
451/2
Dec
lls/4 Jan 20
UdylJte
7
44% Jan
17
Underwood
Jan
3
131/4 Jan
10
Union
26% Jan
13
41% Mar
Jan
112
Aug
94.i
Jan
96
Nov
96
86ft
Jan
94
Aug
9
29% Mar 23
453/4 Jan
9
96
Jan
30
Preferred
$3.70
90ft Jan
30
96
Mar 23
Preferred
$3.50
series
Preferred
$4 series
Jan
24
Sep
25% Feb
23
27% Jan
Jan
823/4 Jan
25
89 ft Mar 16
103
104ft
Jun
51%
Feb
50
9
52 ft Feb
36%
Jan
31ft Jan
3
341/2 Mar 20
27
Dec
25ft Jan
13
Oct
109 ft
Jan
106 ft Jan
3
10ft
Jun
143/4
Oct
133/8 Jan
25
61%
Jan
85%
Oct
80 ft Feb
7
19ft
Feb
313/#
Dec
301/8 Jan
26
Jun
106 ft
Dec
106ft Jan
3
103
28ft Feb
112
27
32'ft Jan
110
40
Dec
40
Jan
17
49
Jun
33/4
Oct
47ft
Sep
3
Mar 21
44'/2 Jan
3
4
50
Dec
33/s Jan
3
Dec
8ft Jan
11
12
Mar
6
Dec
64% Jan
16
78% Mar
6
Jun
70
14 ft
Aug
223ft
Jan
16 ft Jan
4
34%
Jun
423ft
Dec
40ft Jan
13
46
x44ft
Mar 22
Jun
55%
Dec
53 ft Jan
13
61ft Mar
July
16
18ft
19%
Dec
17 ft Feb
17
19% Mar 22
Feb
26%
Dec
26ft Jan 27
9% Mar
133ft
Sep
12
Mar
19 ft
Jun
26
Dec
18
Mar 22
19
Jun
25 ft
Dec
17% Mar 22
18%
8
Feb
30%
Dec
Mar
IO21/4
Nov
12%
Jun
173/4
Jan
x89ft
Jun
116ft
Dec
110'
Jan
23
Jan
187
Oct
94
175
""
104%
*104 ft
104%
104%
104%
330
27ft
27%
27 ft
27%
27%
27%
16,000
85%
87
86 ft
86%
85%
86%
4,900
4%
6ft
43
Jun
May
273/8 Jan 25
100
United
5%
United
United Biscuit of America—No par
$4.50
United
1%
(The)
Dyewood Corp common
preferred
100
i
United Electric Coal Cos
United
5
Engineering & Foundry—.5
United
Fruit
No par
Co
3
United
31.ft Mar 23
U S
4
8ft Jan
3
lift Mar 23
4
54 ft Jan
8% Jan
11%
Jan
Mar 11
10
9
189
Mar
2
3
18
8% Jan
10
18
72.
Dec
693/4 Mar 21
72
20.
Feb
Mar
4
3
U
S
S
U S
*109ft
110 ft
*109ft
110%
ft
110
15%
*86ft
87 ft
15
30%
*107
15 ft
*86
31ft
31
108 ft
108ft
8ft
81/2
8%
37ft
37 ft
37 ft
47 ft
3ft
*49
4
11%
*74 ft
47 ft
47 ft
3Va
3
50%
*48 ft
4ft
4
110 ft
15%
87 ft
*109ft
31%
31ft
108 ft
*108 ft
8%,
38i/4
47 ft
*46 ft
3ft
4ft
16 ft
86
31ft
109
31ft
32
*108 ft
109
15%
16
*85%
86
19
*108 ft
32%
109
400
14,600
400
5,100
50
8ft
*8 ft
8ft
8ft
8ft
1,100
37%
38%
38 ft
38%
6,000
48 ft
*46 ft
48 ft
*47ft
31/8
3
48
15%
86
38 ft
3%
38
49 ft
15%
871/B
15 ft
*86
ft
48%
4
4ft
12'
10%
lift
10%
11'ft
76
73
74 ft
12
72 ft
3ft
48
4
lift
72 ft
3ft
48
48 ft
400
3J%
3ft
9,700
47%
47%
320
4ft
4
4ft
65,400
lift
72 ft
11
lift
4,900
*71
73
220
17%
17%
17%
17%
17 '/4
17%
17 ft
17%
171/8
17 ft
4,100
45 ft
45 ft
45 ft
45 ft
46
46
45%
45%
45 ft
45%
900
59%
60 ft
59%
60
45 ft
60ft
19ft
27 Ye
19
191/4
27%
271/2
59%
9,500
19
19%
19 ft
19%
19 ft
19%
19
19%
27 ft
.
27 ft
27 ft
27 ft
27%
28
27 ft
28
53,100
7,400
59%
59%
59 ft
59%
59
12 ft
12%
121/2
12%
12 ft
12 ft
12
12 ft
12,700
18ft
18%
18
18 ft
18%
18%
18%
18%
191ft
18
18%
17%
18 ft
18 ft
18%
18'A
18%
No par
29,300
32,900
15,100
No par
No par
20
100
preferred
Lines
4ft ft
U
110 ft
112
112
19%
Partic &
9
49 ft Jan
2,300
7,700
13
com
5
100
No par
8% Jan
26%
18%
No par
15ft Jan
33 ft
26 ft
18%
Leather
38ft Mar 23
1,800
32 ft
27%
12%
Industrial Chemicals
Apr
51ft
33 ft
26 ft
12%
U S
Jan
51ft
33
27 ft
19%
U
8%
51ft
34
27
19%
123/4 Mar 22
49ft
19ft
27 ft
51ft
33 ft
27 ft
19
25% Mar 20
'
45 ft
*60
51
34
26%
*
19
preferred
4ftft
37 ft Mar 22
108ft
'
8%
8%
37%
37%
*47 ft
49
3ft
3ft
*49
50%
4
4ft
11%
12
76
76
17%
18
*107
51
33 ft
51
12%
U S Hoffman Machinery
S
15 ft
86
30%
51ft
34ft
27 ft
51
Foreign Securities
&
7ft
86
30%
50%
33%
27
1
Theatres
$4.50 1st preferred
10
27
*110
15%
51
33%
27
112ft
1
of
Freight Co
123ft Mar
51
-'33ft
104%
interest
Paramount
Certificates
Gypsum Co common
22
1
9
46'ft Jan
United Corp
.100
without div__.1
12
14 ft Jan
24
21
182 ft Jan
page
Fastener Corp..No par
Cig-Whelan Stores com—30c
$3.50 convertible preferred
Jan
Feb
Sep
see
No par
U S
28 i/s Jan
10
Corp
Co
23% Jan
29
Jan
footnotes
Carton
&
1
Oct
For
No par
U S
Dec
ft Jan
preferred
4
Dec
10
100
24
9 3ft
5
100
United Gas Corp
10
United Gas Improvement Co—13 ft
United Merch & Mfrs Inc
1
10ft
Oct
common
Jan
26 ft
52
6
57
16 ft
Inc
preferred
Jan
30 ft
Jun
Lines
Air
4ft%
17
Jun
7ft Jan
Corp common
convertible preferred.
105
Jun
38
Aircraft
Mar 18
3%
Apr
No par
15ft Jan 26
15ft
17%
non-cumulative preferred—50
Union Tank Car Co_i
3
191/8 Mar
'45
4ft Mar 17
20
350
104%
United
3ft
96
271/4
No par
United-Carr
9ft
96
86
3
Dec
95 ft
104%
12
Jun
95 ft
85 ft
17
3%
95 ft
26%
Jan
3ft
98
96
104%
Feb
Mar
102
26%
Carbon
Jan
Jun
113
*97 '/a
87%
Board
383/a Mar.
45
*112%
102
104%
United
3
25
44%
1121ft
*97ft
*95
95
44 ft
26%
United
Jan
Jan
44%
112ft
102
86 ft
8
8
34
44 ft
113
*97ft
26%
28
Oct
Jan
44
*112 ft
43%
87ft
9 ft Jan
93/4
38%
44 ft
113
*97 ft. 102
*112 ft
26%
28
Jun
43%
113
102
4,100
87ft
Feb
Jun
2ft
5
43%
113
*97 ft
2,300
—25
28
Feb
No par
No par
29
43%
10%
Union Pacific RR Co common—.^50
Mar 20
16% Feb
4%
29%
24
pfd $4.50, ser__No par
Union Oil of California
25
87
29%
40 ft
Un El Co of Mo
1043/4 Mar 15
5
.5
Co
series
Mar 15
32%
Dec
No par
Union Bag'& Paper Corp
-No par
Union Carbide & Carbon..—No par
113
891/2
Apr
&
2
Jun
July
Asbestos
^
1
Rubber
30
Jun
30%
Corp
Jan
25ft
20 ft
(The)
111 ft Feb
73 ft
48
Corp
Co
conv
Co
common
class A
common
preferred
Pipe & Foundry Co
Playing Card Co
No par
29%
100
16 ft,
120
186%
10%
*52
24 ft
9%
32
1
16%
10
8ft
40ft
*69%
20
10
29%
100
16 ft
121
186%
10%
53
24%
9%
32
17
29%
30 ft
*99%
100ft
*16
16 ft
U9ft
1201/2
188
188ft
30
*99%
*16
119%
30
31
lOO'ft
100
100
16 ft
*16
16 ft
119%
118
119ft
30 ft
*186 ft. 188
*186
188
10%
16
118ft
*186
10%
16
118%
188
lift
30%
100
15%
30%
100
16
117 ft
118%
187 ft
1871/a
140
400
3,600
50
11
11
3,000
*53
54
10
10%
10%
10%
10%
*52 ft
53 ft
53
53
24%
25%
25 ft
25%
25%
25%
24%
25 ft
24 ft
5,500
9%
9%
9%
10%
10%
12%
12 ft
12%
lift
12%
34,100
37 ft
37
37 ft
35 ft
37 ft
11,700
5,900
32
16%
32 ft
17
*<
32 ft
16%
34%
17
10 ft
*53
34%
16%
54
17
8ft
*8 ft
8%
8%
*8 ft
8ft
40ft
40 ft
40%
40
40 »/4
38'A
39/b
72
69%
69%
72
31
31ft
*99% 100 ft
*69%
*8 ft
*69
72
*53
16%
54
16%
23%
16%
16%
100
8ft
8ft
*8 ft
38 ft
38%
38 ft
39
7,400
•70ft
71
100
*69
72
8%
THE
(1276)
20
COMMERCIAL
Range Since Jan. 1
Highest
Year 194*
$ per
$ per share
19% May
30
Dec
24% Jan
93%
Not
95
43
Jan
37% Jan
3
133
Jan
126% Jan
18
31% Aug
112%
Jun
33%
Oct
46%
Apr
€2
Oct
72
20%
Jun
26%
Dec
129%
Jun
140%
Jan
25:
29% Jan
20
Feb
97
33% Mar 22
Mar 23
X64
25% Jan
u
139
Jan
4
Jan
44% Feb
8%
U
21
NOV
21
4
22
Feb
44%
Sep
41% Jan
5
44
Not
5'/« Jan
20
11%
not
10% Feb
9
Apr
92
Dec
4
Jan
11% Jan
convertible
Jan
26
11
9
United Wall Paper Inc common
4% convertible preferred
121/2
Jun
17%
Jan
15
Jan
3
16% Mar
8
3%
Feb
9%
Sep
4% Feb
11
5 % Jan
9
9
Universal Leaf Tobacco
25 %
Jan
Sep
22% Mar 13
16
Jan
Jun
161
Feb
12%
Dec
10
43%
Jan
64
Dec
54% Mar 10
17
Jun
25%
170
Apr
2
Mar
20% Feb
14
7%
% Mar
Jan
3
27
Not
24% Feb
23
Feb
13%
Jan
12% Jan
3
20
Jan
25
Oct
20% Jan
26
85% Mar
97
Dec
85%
Jan
98
Dec
33 V*
Jun
47
Deo
91
Jan
100
5
'
11
Jun
10
•
Nov
20%
Jun
82%
Dec
11%
Jun
9
97% Mar
Jan
Jan
$6
11% Feb
*42
preferred
10%
No par
'94 Va
2
141%
141%
21%
21%
96%
*94%
*16
16%
*16
No par
com
preferred
103/4
96%
*94%
96%
3%
3%
3%
21%
43%
6%
6%
1,300
10%
10%
*94%
21%
*43 %
6'/a
10%
10%
10%
1,400
94 Va
96 y4
95%
95'/a
100
3%
3,900
3%
*25
26
*25
16
*16
3%
26
16
*
16%
4%
4%
43/4
4%
*16
*24
16
*4%
4Va
300
26
16
16%
4%
4%
3%
3%
25
25
3,500
-
100
400
4%
1,100
23 %
233/4
23 3/4
233/4
24'/a
*23%
24%
'170%
172%
'170%
172%
*170%
172'/a
*170y4
i72ya
10
10%
103A
10%
10%
10%
10%
10 y8
10%
10,000
56
56
56%
55'/a
55%
*55'/a
*55
56
of America,_No par
Co
23%
2.50
Inc
,
10
*55
24
24
13%
*99%
100
*99%
*45
45%
100
*97
23 Va
233/4
23%
231/a
*99'/a
1003/4
♦99%
1003/4
*99%
101
*99%
101
*99%
45 %
♦97
18
22
Jan
18
117
Jan
10
17
22% Feb
7
Va Iron Coal & Coke 4%
27% Jan
26
31% Mar
7
25
33%
28
*35%
*28%
297/a
20
*34 Ve
*57
21 Ve
28
Nov
Apr
28% Feb
30% Feb
17
25%
Jun
33%
Oct
31% Jan
3
37
Feb
8
Virginian Ry Co common
6% preferred
Visking Corp (The)
23% Mar
30%
Apr
28
Jan
11
30
Mar
1
Vulcan Detinning Co common—
32
Apr
31% Jan
11
34% Mar 14
Jan
55% Feb
116'/a
.
r
Va
31%
31%
29%
25
preferred
21%
116'/4
99»/a
45%
29%
1003/4
101
*45 Ve
7%
45%
*97
99%
S8>/2
21%
116%
21%
29%
453/a
31%
297/a
21%
116%'
21%
116y4
"
45%
97
7%
*90 Va
*20
31%
29%
73/a
90%
U6Va
-
21 Va
31%
96%
7%
*
21%
*45 '/a
90%
-
-
92
116%
*20
;
*99%
*99%
101
7%
36
20
Dec
14
23
*S0»/4
21
14
23
90%
■:
0%
11,200
28'A
23%
39%
7%
*21
9%
28%
'
14 y8
*7'/a
10
lO'/a
283/4
14%
90%
25
97/a
283/4
'
14%
99%
.
-
SO
23%
22%
23%
10%
28%
14
.100
_100
22%
10%
28%
14 Vb
No par
com
24%
10 y8
14
com
pld
24
800
56
28%
14
partic preferred
Virginia Elec & Power Co
$5 preferred
^
24%
13%
101
5
preferred
10
*28%
24
22%
Vlcks Shreve & Pacific By com__ 100
5% non-cumulative preferred—100
Va-Carol in a Chemical
24
10 Va
28%
;
23
common
*55
24%
9%
*28%
10%
*22'%
Works
56
28%
2.50
1%
44
*6
6%
10%
100
26
Mar
21%
43 Va
2,900
23%
Victor Chemical
Mar 23
21'/a
43 %
142
172%
Vlck Chemical Co
<
213/4
92,400
10%
6
.
21%
*42
43%
700
32%
142
142
7.400
64%
32
*23%
Jan
18% Jan
141%
*63%
32'/a
•170%
20
Dec
14134
34%
34
351/4
64%
10%
24% Mar
div
14134
34%
23%
13%
6%
32%
X64
170%
Vertientes-Camaguey Sugar Co—6%
3%%
32 %
10%
9
11
653/4
810
170%
14% Jan
11
35%
64 %
30
9.300
131
1
Pictures Co Inc com
*28%
23
4%
130 V*
427/8
100
preferred,
%
*23
4%
130%
33%
10%
16%
'4%
42%
32
4,100
98
43%
32
Shares
25%
130%
10%
3%
*S5
for
the Week
Sper share
25
98
42%
131
6%
96%
3%
1
10
4
*"42
10%
3%
34%
share
26
25%
*95
Sales
Mar. 24
66%
6
10%
115
20
118
21%
43%
6
107/8
Feb
Jan
Jun
14% Jan
21%
*42
1
Laboratories Inc
Raalte Co
Jan
141%
34%
*G6
26
Norman
8% Jan
141%
*25
Van
96% Jan
31%
'3%
Vanadium Corp
101
32%
6
Van
27
66
31%
43%
7
6% Jan 27
34%
66
6
12
99% Mar
34
68
24% Mar 15
28% Mar
34%
32
23% July
32% Jan
15 %
113%
30
34%
*cg
26
4 %
6
Jan
130%
*25
8%
10
•
130%
10% Jan
98% Feb
96% Mar 22
130%
130%
50
Universal
61% Jan 27
49% Feb
79
129%
Universal
2
10
Jan
98
129%
Universal-Cyclops Steel Corp
170% Mar 18
x44% Mar 15
Jan
118
8
x25
43%
United Stores $4.20 non-c 2d pfd__5
10
4% Jan
Mar
43%
21%
27% Jan
7
43%
21%
7
19%
43%
1
14
156
100
44
No par
Feb
3
43%
preferrcd__25
3Va Feb
Jan
43%
141%
25
95
97
43%
129%
I per
26 Va
97
*141 %
Oct
Jun
26%
97
2b Va
97
31%
27%
2%
26%
97
50
50
Feb
80
21
'26 Va
100
non-cumulative
Mar. 23
I per share
97
a
No par
preferred
1%
$ per share
Fridav
Thursday
Mar. 22
26%
United Stockyards Corp
6% Mar 21
PRICES
Wednesday
10
U S Tobacco Co common
Mar 23
6%
SALE
97
100
Smelting, Ref & Mln com
preferred
7%
t per share
share
HIGH
Mar. 21
*94 %
a
1st preferred
non-cum
2u
Mar. 20
100
U S Steel Corp common
11
22
S
7%
6
32% Mar 23
142% Feb
common
preferred series A
U S Rubber Co common
133% Mar 2
40% Jan 20
68% Mar
Plywood Corp
3%%
10
Jun
8%
U S
3
t per
AND
Monday, March 27, 1950
1 ue»day
Monday
Mar. 18
Par
Mar 13
Jan
«/4
Saturday
there
Jan
38%
CHRONICLE
LOW
&TOCK
fcOitn
EXCHANGE
Feb
18%
4
Mar
t per
I per share
82
Apr
NEW
Lowest
Highest
share
FINANCIAL
STOCKS
Range for Previous
Lowest
&
♦97
7%
400
*99%
4,000
20
;
101
45%
*451/4
46 Va
98%
*97
99
400
30
7%
21%
7%
7%
IVa
3,600
903/4
90%
90Va
400
213/4
116%:
116%
*20
21%
*20
31%
x30%
301/4-
*29%
29%
101
11,500
23%
*99%
4,500
-
90%
91
21%
297/s
23%
<
29%
21%
217/a
*116%
1161/a
22
116%!
211/4
v
*20
■30%'
•»
*30
'
-
35,700
"
'
?"
310
21 y4 »•
—
30%
600
29%
29 Va
35%
35%
29%
293/4 !
29%
29%
35%
35 Va
35%
35 Va
35y4
351/4
35%
35%
*28%
29%
*29%
.29%
*29%
293/4
*29%
29%-
34%
*34»/«
34%
*24%
34%
*34%
34%
*34%
34%
583/4
*57
58%
*57%
58
57%
57%
14
*13%
14%
13%
13%
400
31%
31%
31%
31%
1,200
-
♦
"
*34i/4
34'/a
.
I
1,800
1,800
10
•
W
45
Jun
12
Jun
14%
Sep
13% Feb
7
25%
Jun
31%
Not
30% Jan
17
May
105%
Oct
103
Jan
11
Dec
31
Jan
13
7% Jan
4
101
60%
33
21% Jun
6%
9%
Jun
Jan
11
60% Mar
Wabash RR 4%%
7
14% Jan
17
Walker
Jun
17%
Dec
16
Jan
3
Jun
101 %
Dec
97
Jan
16
Jan
21
9%
Jan
16%
Dec
12% Mar 18
16% Jan
24
18%
Jun
30%
Deo
29% Jan
3
38% Feb
6
18% Jan
9
19% Feb
102
Ward
1
100
(Hiram)
Walworth
10
x87%
Xl2
preferred
G & W
Jun
22%
Jan
25%
Dec
Jun
14%
Sep
xl3
Feb
16%
Feb
24%
Dec
x20
Mar 14
11%
Apr
17%
NOT
3%
Jan
6%
Oct
5% Jan
3
6% Mar 15
Xl9%
Jun
27%
Jan
24% Jan
13
28% Mar 23
Wesson Oil & Snowdrift
July
84%
Deo
83% Feb 28
85% Feb
16%
Jun
23%
Jan
20% Jan
3
23% Jan
18
16%
Sep
22 y4
Oct
19% Jan
13
23% Feb
25
14%
Jan
25%
Deo
27% Feb 25
14
600
Wayne Knitting Mills—
Wayne Pump Co
*20%
203/4
*20%
21
20%
20%
20%
20%
20%
20%
400
16%
163/a
17% Mar 16
Webster
8
114
Feb
16
Tobacco
51
Jan
Dec
7% Jan
13
x39% Feb
16
16%
Deo
16
Jan
3
19% Feb
21
Sep
33%
Dee
31
Jan
3
20
Jun
9% Feb
30
Jan
28
Jan
3
Not
66% Jan
3
73
13
24
Deo
19% Jan
1313
6
16
Feb
20
43% Feb
It
112
Jan
113-
18
Mar 16
Jan
3
89
30% Jan
13
41
15% Meb
8
17% Mar 15
32%
41% Mar 24
28% Feb
7% May
14%
81
Feb
28
Feb
.
27
Dec
31
Jan
4
Dec
33% Jan
12
34
Deo
12% Feb
15
3
14% Feb
57%
Dec
22%
22
22%
5,400
21%
217/a
21
21%
6,300
26%
27
27
5% Jan
Jan*
Feb
7
$5
230
110
109%
109%
*109%
110
*109%
110
*109%
110
l093/4
1093/4
60
5
15%
15%
14%
14%
15
14%
14%
14%
4,900
par
*46%
100
Pulp & Paper com—No
preferred
YORK
*108%
15%
47%
109
113
15
*463/4
non-cum
2nd
conv
Saturday
Mar. 18
4 per share
47%
White
9%
93/4
9%
44%
44%
45
100
18%
18%
18%
34
34%
*33%
34
10 % Jan
11% Jan
11
22% Feb
25
Jan
11
22
Jun
35
Not
32% Jan
10
39
44
Sep
49% July
48
Jan
3
61
11%
Jun
18%
Deo
17
Jan
13
x59%
Feb
72
Oct
69% Jan
9
73
Feb
27
65
Jun
76
Not
74
Jan
4
79% Feb
27
68
Feb
89
Dec
84
Mar 22
89
Jan
66
Feb
82
Dec
80
Mar
,
Iron
Woolworth
(F
Jan
25
88
Oct
10% Feb
16
13% Jan
27,
9
6
28
30%
Dec
Jan
13
Jun
12%
Jan
10% Feb
10
30% May
39%
Jan
36% Mar 14
40
Jan
23
16%
Jun
28%
Not
26% Jan
4
31
Feb
9
53%
Jun
77%
Dec
72% Jan
13
14%
Jan
11% Jan
3
30
Feb
12% Feb
14
3
83% Mar 23
15% Feb
33%
Dec
31% Jan
13
60
4%
Oct
4% Jan
6
6
9
dlTldend.
and-asked prices;
y Ex-rights
;
9%
9%
9%
9%
3,500
443/4
44"%
44%
46%
19
187/a
19 '/4
183/4
19
18%
is y»
8,300
10,300
34%
34%
34%
353%
34%
*33%
34%
34
34
71%
*70
71%
70%
70%
22%
22
233/4
23%
243/a
23%
24
26 %
26
26 VB
261/a
26%
25%
*34
26%
21%
21%
26%
26
.
,
343%
*
35%
33 %
34
*71
35
2,500
33%
•'
71%
100
223/4
23%
57,800
25%
'
33%
*70%
71%
25%
12,600
35,000
343/8
34%
34%
'34%
34%
34%
34%
343/4
34%
347/a
343/8
*1033/4
104%
*1033/4
104%
*1033/4
104 '/a
*1033/4
104%
*1033/4
104%
25 %
24%
24%
*24iA
247/a
24%
800
34%
104 Va
24'A
■*112
49%
114
*112
24
115
49%
49%
*85%
24%.
*112
48%
115
*24%
♦112
25
115
*112
115
49
49%
49%
51
507/a
86%
-
863/4
863/4
86%
86 Va
86%
86%
86 Va
501/4
363/4
36
37
35%
35 Va
353/8
35%
35
16%
16%
16%
16 Va
167/a
171/4
17%
171/a
38%
"
l67/8
363/4
363/4
37%
39%
38%
39
38%
39%
*33 J/2
333/4
33 Va
33 Va
*33'/a
333/4
*33%
333/4
33%
33%
133/a
133/a
133/a
13%
*13%
13%
13%
133/4
13%
13%
6%
6%
6
6%
6
6y«
6Vb
6%
6%
6'/4
*513/4
52%
*52
52%
52
52%
x51%
51%
51 Va
-
39
"
86%
33%
35%
163/4
35%
16%
51
85%
86%
36%
500
115
*112
51%
17
8,500
280
.
_
2,100
4,600
387/a
41 Va
33%
33%
13%
,
13%
2,900
6%
11,800
6
12,600
300
51%
900
13
133/8
13
13%
13%
133/4
l3Va
13%
13%
13%
13
13%
7,300
*80
813/4
*80
813/4
81
81
*80%
813/4
*80'%
813/4
80%
81
*10%
103/4
*10%
107/a
103/4
107/a
10%
10%
800
21%
21%
213/4
21%
21%
213/4
21%
21%
6,400
10%
10%
10%
21%
21%
21%
22
*140
52
51 %
600
141
*140
141
141
141
140%
140 Ve
141
141
190
377/a
38
373/4
38
38
39
*37
38
37%
373%
38
38
2.700
493/4
493/,
49 3/4
50%
493/4
50%
50%
50
50%
50
50%
7,700
18%
4,000
183/4
141
183/4
*140
19
18%
19%
187/a
50%
187/a
18%
*71%
72
72%
72%
72
72
71
71
71
*76
77
76
76
76
77
76
76
.100
*83 %
86
*83%
86
84
84
No par
87 3/8
No par
123/a
87%
123/a
-25
29%
29%
100
Mfg Co
*83%
86
181%
41
18%
18%
71
'71
72
90
77
77
77
270
85
*83
85
10
873/8
873/4
87%
88
87
87
86
87
86
86%
1,200
12%
12%
12%
121/4
12
12%
12
12
11%
11 y8
1.8C0
29%
29%
30
29%
293/4
2,900
11%
5,500
5
Corp common
29%
'11%
llVa
11 Va
11%
11%
11%
29%
11%
11%
11%
336V4
*36%
37 Ya
36%
36%
36%
37%
37%
Young (L A) Spring & Wire_Nopar
Youngstown Sheet & Tube
No par
Youngstown Steel Door
No par
30%,
37%
30%
30 Va
30 y4
30 Va
297/a
30
*29%
30 Va
29%
30
82%
14
82%
83%
83%
82i/e
82 y8
827/a
83%
82%
83%
14,800
14
14
13%
13 y8
13 Va
131/2
13%
13%
13%
2,100
5C%
507/e
52%
51%
52%
52%
55%
56 Va
59 Va
56%
€0
5%
5%
5%
5%
5%
5%
5%
5%
5%
convertible preferred
Zenith
Zonite Products Corp.
Radio
81%
*13%
50
Corp.
*5%
30
tin Teceivership, or petition
has been
Hied
1
tor company's
reorganization,
a
11
Deferred delivery,
■
r
Cash sale.
29%
29 Vz
1
,50
4% %
Mar 24
no sales on this day.
Shares
9%
44%
18%
7
^
I per shore
4 per share
9%
441/4
10
Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
Feb
24
f per share
9%
45
*70
*10%
_No par
Towne
Sales far
the Week
10
;
Prior preferred 4%% series
Prior pfd 4%% conv series.
&
Mar. 23
*33%
20
Co
Common
Yale
Friday
Mar. 24
Thursday
Mar. 22
71%
10
com
100
York
9%
'
Worthington Pump & Machinery
X19% Feb 24
Wednesday
*24%
_No par
No par
Cc
W)
900
109
*104%
l
preferred :
Woodward
Feb
*108%
*44%
.
'
i
.)
Wisconsin Elec Power Co
Mar 21
3
26%
,100
Willys-Overland Motors common—_1
$4.50 conv pfd series A_,—No par
6%
48
*47
47%
109
20
AND HIGH SALE PRICES
•
Jan
141
343/4
'
5
13%
19"% Jan
47%
*108%
15%
34
*
20
Jun
139 % Feb
21%
12%
common
$4.25 preferred
Wilson-Jones Co
Dec
47%
109
"
*70
12.50
'.
Wilson & Co Inc common
Nov
9%
'
5
140
26%
C
'
__1
27
Jan
46%
*108%
f per share
18%
100
com
31
128
47%
109
Mar. 21
I per share
44%
prior preference—No par
(The 8 S)
_20
Prior preference
,
15%
26%
'
preferred
Sewing Machine
114
Tuesday
Mar. 29
10
Wilcox Oil Co
20
*108%
Manday
26%
113
47%
109
•108%
—I
White Dental Mfg
9
113
LOW
STOCK
White Motor Co—
3
26%
270
*109'/a
Feb
20% July
3% Feb
22%
213/4 V
100
82'
:
22%
21%
18,300
13% Jan
10% Jun
22
21%
26%
263/4
55% Jan
Jun
22%
21%
113Y4
12 % Jan
8
213/4
21%
108 %
51% Mar 23
19%
22%
21%-
26%
77% Jan
12%
22%
*21 %
263A
22%
108%
Dec
Feb
84
*112%
Not
8%
83%
267/a
10
,
84%
113%
12%
21%
83%
109%
79%
Jan
84%
*112%
Jun
14%
84
*108%
70
*
84%
109%
Wheeling & Lake Erie Ry_„
100
Wheeling Steel Corp com
No par
51% Mar 23
Dec
Jun
84
114
3.80% preferred series B
Weston Electric Instrument
6
Deo
Jun
84%
*1083/4
Westinghouse Electric
26% Jan1
16Ve
87/«
84%
109%
34% Mar 23
105% Feb
89%
x42%
84%
*107%
27% Feb 1 4
32%
Jan
2,400
9,000
109%
Western Union Teleg class A_Nopar
Westinghouse Air Brake
_No par
July
7%
6%
28%
21 %
Western Pacific RR com_____No par
Preferred series A
100
24% Mar 22
12% Jun
18% Jan
Jun
63/a
23%
Virginia Coal & Coke
4%
18
237/« Mar
4%
6%
283/4
22%
'
No par
pfd
Western Air Lines Inc,
34% Mar 16
70%
'
63/a
27%
«
112%
4%%
Western Auto Supply Co
Western Maryland Ry com
21
53% Jun
34
1
4
com
6%
273/4
*84
Par
24
2,900
6%
27%
*108%
4%%
46% Mar 24
16%
6%
27%
109%
West Va
35% Mar 22
Jan
No par
I per share
Dec
16
16%
6%
27%
EXCHANGE
8%
16%
6%
273/a
1133/4
NEW
41%
16%
6%
27%
STOCKS
share
16%
6%
27%
*107%
Range Since Jan. 1
Highest
Feb
71
17
6%
273/a
250
com
*1123/4
Lowest
32% May
8% Feb
Deo
16%
500
100
Power
Range for Previous
Jan
17
*20%
*26%
100
Penn
West
14
16%
21
■;
preferred series B
preferred series C
West
3
Feb
17%
*
Inc
West Kentucky Coal Co
West Penn Electric Co
18
110
30 % Jan
7,100
11
4
22% Feb
18%
Jan
24
25
103% Jan
17%
13%
Jan
Dee
4,400
263/4
Jan
Aug
33%
18 Va
46
3
33%
13%
108
25 Ye Jan
34%
26%
Deo
$ per
34%
17%
Jan
Highest
210
343/4
1,700
27
50%
48%
33%
143,200
13%
108 %
115
33%,
15
13%
Jun
Jun
33%
14%
13%
May
Mar
34%
14%
is
4
29%
333/4
13%
27
13% Jan
102
34%
13%
17%
Jan
Jan
12 3/4
18%
*13%
4.10%
26%
12%
102
*26%
109% Mar 24
104
123/4
18%
101%
17%
13
Feb
13
18%
1013/4
*
13%
107% Jan
Jun
123/4
3,600
18%
101 %
18%
101
26%
Deo
Year 1949
101
12,000
8%
17%
108
98%
18%
101%
38%
8%
13%
4.20%
20% May
18%
101%
37%
8%
26%
7
21%
183/4
101%
20
383/a
8%
13%
24
Jan
183/4
*100%
13
104%
38
8%
173/4
Feb
34%
*18%
183/4
101%
*103
38%.
26
109% Feb
33
8%
13%
13
Jun
373/a
8%
17%
18
21%
38%
8%
26
23% Jan
May
37%
8%
17%
111% Jan
5
39 %
8%
*103
13%
108% Mar 24
t per share
38%
8%
104 %
26
Jan
I per share
393/a
103
*257/a
NOT
Lowest
103
*13%
108%
,35%
104 %
Washington Gas Light Co.
115
104
*in->
Waukesha Motor Co
Apr
17%
104%
500
53
9
Sep
Dec
*103
58
15% Jan
104%
12%
103
31%
26% Mar 24
107
101% May
'
-
34%
$4 convertible preferred
West Indies Sugar'Corp
78
Feb
14
31%
*100
Warren Foundry & Pipe.
Warren Petroleum Corp_,
Jun
14
14
31%
123/4
14
27
14»/«
31%
18%
1
5%%
11%
15% Feb
*13%
31%
8%
•
Warner Bros Pictures
23%
24i/4 Jan 28
14
31%
39
No par
Baking Co common
preferred
13%
31%
103
No par
Co
*57%
14%
31%
*
58%
*13%
•
No par
4%
39% Mar 20
9Vn Jan
100
No par
Walgreen Co common
4
105% Feb
preferred
Waldorf System
10
Feb
32
11%
*37
5
37%
Vat
5%
300
1,200
55,500
2,100
1
sSpeclal sales,
wd When distributed.
xEx-
"
Volume
171
Number 4893
THE
COMMERCIAL
Bond Record
italic letters In
the
column
(1277)
New York Stock
«»
friday
The
CHRONICLE
FINANCIAL
&
headed
weekly
"Interest
Period"
Figures after decimal point represent
yearly
in each
Indicate
one
or
Exchange
32d
of
bonds mature.
when the
the month
case
more
point.
a
LOW
Range for Previous
Year
GOVERNMENT
1949
Lowest
Range Since Jan. 1
Lowest
Highest
Highest
103.28
Dec
103.28
Jan
108.13
Jan
110.23 Mar
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
110.23 Mar
102.31
Jan
102.31
Jan
104.9
Feb
104.9
Feb
102.1
Mar
104.15
103.8
July
103.8
Treasury
Treasury
Treasury
Treasury
Treasury
Oct
July
Feb
10T.13
Feb
103.2
Aug
100.18
Jan
103.19
Dec
100.28
Jun
Treasury
Treasury
Treasury
Jun
101.12
101.7
103
Treasury
Treasury
102.10 Mar 18
Aug
Mar.
102.23 Feb
24
Treasury
Low
18
Low
High
Low
High
Thursday
Lew
High
1 103.2
High
Low
Sales for
Friday
Mar. 23
Mar. 22
Mar. 21
Mar. 20
HIGH SALE PRICES
AND
Wednesday
Tuesday
Monday
Saturday
EXCHANGE
Dec
108.13
BONDS
NEW YORK STOCK
the Week
Mar. 24
Lew
High
*103.2
3s
1951-1959
103.6
*103.4
103.6
*103.3
103.5
103.4
♦103.2
2%s
1955-1960
*108.18
108.21
*108.18
108.21
*108.18
108.21
' 108.18
108.21
*108.18
2%s
1951-1954
*102.8
102-10
*102.8
102.10
*102.8
102.10
' 102.8
102.10
2%s
2%s
1956-1959
*110.4
110.7
*110.4
110.7
*110.2
110.5
1958-1963
*111.25
111.28
*111.26
111.29
*111.28
111.31
2%s
1960-1965
*113.26
113.29
*113.27
113.30
*113.29
114
2%s
1950-1952
*100.26
100.28
*100.26
100.28
*100.26
100.28
.-1952-1954
*102.10
102.12
*102.9
102.11
*102.8
102.10
*102.8
102.10
*
102.8
102.10
*102.9
-1956-1958
*105.15
105.17
*105.15
105.17
*105.14
105.16
*105.14
105.16
*105.14
105.16
*105.14
105.16
104.10
'•104.9
104.11
*104.9
104.11
*103.4
103.4
103.21
*103.18
108.21
102.8
102.10
*102.8
102.10
110.5
*110.2
1L0.5
*110.2
110.5
1 111.29
112
*111.29
112
*111.29
112
113.29
114
*113.29
114
*113.30
114.1
100.25
100.27
*100.25
100.27
•100.25
100.L7
110.2
.1962-1967
*104.10
104.12
*104.10
104.12
*104.8
104.10
*104.8
1963-1968
*103.23
103.25
*103.23
103.22
102.11
103.25
*103.20
*103.20
103.22
*103.20
103.22
*103.20
10J.22
*103.11
103.13
*103.11
103.13
*103.9
103.11
*103.9
103.11
*103.9
103.LI
*10„.9
103.11
1964-1969
*103.6
103.8
*103.6
103.8
*103.3
103.5
*103.3
103.5
*103.3
103.5
•103.3
103.5
2%s
1965-1970
*103.3
103.5
*103.3
103.5
*103.1
103.3
*103.1
103.3
*103.1
103.3
*103.1
2 %s
1966-1971
*103.1
103.3
*103.1
103.3
*102.31
103.1
*102.30
103
•102.31
103.1
•102.31
103.1
2%a
2vaS—__—Juu
2%s
Dec
103.3
2 Via
Jun
1967-1972
*102.9
102.11
*102.8
102.10
*102.7
102.9
*102.9
102.11
*102.10
102.12
*102.9
102.11
2%s
Sep
1967-1972
*105.6
105.8
*105.5
105.7
*105.5
105.7
*105.5
105.7
*105.5
105.7
*105.5
105.7
2 Vis
Dec
*102.9
102.11
Sep
102.18 Feb
1
Feb
101.3
Jun
102.15 Jan
31
100.17
101.8
101.18
Jan
101.8
103.9
Jan
102.9
*102.10
102.12
*102.9
102. J1
102.11
*102.9
102.11
*102.9
102.11
*102.8
102.10
*102.8
102.10
*102.3
102.10
*101.30
102
*101.30
102
*101.30
102
*101.30
102
*101.30
102
*101.30
102
2%s
1954-1956
*105.1
105.4
*105.1
105.4
*105
105.3
*105
105.3
*105.1
105.4
*105
105i
2%s
1956-1959
•104.10
104.12
*104.10
104 12
*104.9
104.11
*104.9
104.11
*104.10
104.12
*104.10
104.12
2%s
Jun
1959-1962
*102.1
102.3
*102
102.2
*102
102.2
*102.2
102.4
*102.3
102.5
*102.3
102.15
2%s
Dec
1959-1962
*101.29
101.31
*101.28
101.30
*101.28
101.30
*101.31
102.1
*102
102.2
*102
102.2
2s
Sep
1950-1952
♦100.15
100.17
*100.15
100.17
*100.15
100.17
*100.15
100.17
*100.15
100.17
*100.15
100.17
102.10
Treasury
2s
1951-1953
•101.3
101.5
*101.3
101.5
*101.2
101.4
*101.2
101.4
*101.2
101.4
*101.2
2s
1951-1955
*101.8
101.10
•101.8
101.10
*101.7
101.9
*101.7
101.9
*101.7
101.9
*101.7
101.9
1952-1954
*101.14
101.16
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.13
Feb
2s
—Jun
2s
—Dec
101.15
1952-1954
*101.23
101.25
*101.22
101.24
*101.22
101.24
*101.22
101.24
•101.22
101.24
*101.22
101.24
1953-1955
*103.9
103.12
*103.9
103.12
*103.8
103.11
*103.8
103.11
*103.8
103.11
*103.8
103.11
1950
♦100.8
100.10
*100.8
1C0.10
♦100.8
100.10
*100.8
100.10
*100.8
100.10
*100.3
100.10
1972
In
*103.8
lVaS—
Bank
for
Reconstruction ft Development
Jan
103.16
Dec
103.7
Feb
16
103.18 Jan
'
9
25-year 3s
-
*103.6
103.10
103.8
*103.8
103.12
*103.8
103.12
*103.12
*100.28
101.4
*100.28
101.4
*100.28
101.4
*100.28
101.4
*100.28
101.4
*100.23
lOl.-i
*100.28
101.4
*100.28
101.4
*100.28
101.4
*100.28
101.4
*100 2
101 4
**
101
*100.20
100.28
*100.20
100.28
*100.20
100.28
*100.20
100.28
*100.20
100.28
*100.20
2s serials of '50 due Feb 15 1956
—
1954
2s serials of '50 due Feb 15 1955
—
2s serials of *50 due Feb 15 1953
2s serials of *50 due Feb 15
—
*100.8
100.16
*100.8
100.16
*100.8
100.16
*100.8
100.16
*100.8
100.16
*100.3
103.8
103.12
»
2s serials of '50 due Feb 15 1957
asked price.
No sales
transacted
this day.
99.8
♦98.28
99.12
*98.28
99.12
*98.24
99.4
•98.12
98.24
*98.12
98.28
*98.8
98.24
*98.8
98.20
*98
98.12
*98
98.16
*97.28
98.12
*97.24
98.4
*97.24
*97.12
97.24
*97.12
97.28
*97.8
97.24
*97.4
97.16
*97.4
2s serials of *50 due Feb 15 1962
a
*98.28
2s serials of '50 due Feb 15 1961
and
*99.24
2s serials of '50 due Feb 15 1960
96.24 Mar 23
1C0.4
2s serials of '50 due Feb 15 1959
96.24 Mar 23
*99.24
2s serials of '50 due Feb 15 1958
"Bid
*96.20
97
♦96.20
97.4
*96.16
97
*96.16
96.28
Odd lot transaction,
r
Registered
RANGE
Friday
BONDS
Interest
i
New York Stock Exchange
Period
Last
>
Sale Price
New York
Transit Unification
bond
FOR
*99.24
100.8
,
*99.24
100.8
100.4
or
*99.24
WEEK
ENDED
MARCH
Jan.I
No.
Low
„
—June-Dec
10912 109%
108%
1091*
Members
REctor 2-2300
120
New
67%
75%
65%
„
*69
66
67
12
June-Dec
June-Dec
70
76
No.
15
June-Dec
16
17
June-Dec
June-Dec
series
-
7*eletype
*
"
'
NY
*
June-Dec
June-Dec
1-1693
•
(City)
—
sinking fund 5s 1957
Sinking fund gold 6s 1950
Feb-Aug
*77
*77
(Kingdom of Norway) 4s 1968
Mar-Sept
lAAntloquia (Dept) collateral 7s A 1945—_Jan-July
iAExternal sinking fund 7s ser B 1945—Jan-July
iAExternal sinking fund 7s ser C 1945—Jan-July
iAExternal sinking fund 7s ser D 1945_Jan-Juip
A External
sinking fund 7s 1st ser 1957—.April-Ocf
A External sec
sink fund 7s 2nd ser
sink fund 7s 3rd
1957_April-Ocf
—
—'
—i—
'
——
ser
1978
54%
*53%
54%
——
Jan-July
1958
June-Dec
1955
*53%
*53%
*53%
40
— —
75
94
46%
2
71%
93%
•
_
54%
75
71 %
v
■
„
*95
54%
1957_April-Ocf
A External
54%
46%
■
__
•
■J-
51
54%
46%
5
55
54'%
8
—
„
40%
—
54 %
76
49 %'
40%
102%
104 %
102
103 %
103%
97%
97%
93
48
94%
10-year 3%s" 1957
June-Dec
96%
96%
97
47
94%
97
30-year 3%s 1967
20-year 3%s 1966
June-Dec
94%
June-Dec
Feb-Aug
(Kingdom of) 6s 1955
External sinking fund 7s 1955
A External
s
Stamped
to
s
f
A
A
1957
to
April-Ocf
1957
April-Ocf
A
93%
43
106 %
6
92%
106
114% 115%
•84
89%
A
to
June-Dec
reduced to 3.375%) 1979
External dollar bonds of 1944
3%s series No.
1
66
*69
65
*69
MarSept*"
•
Feb-Aug - - 10314
June-Dec
1011
101%
104%
103
103%
5
101%
104 %
101
101
101 %
1
101
40
40%
23
35
101
% 101%
71
102 % 102%
assented Jan
40'4
40%
44
24
102 %
103
47
2
35
40%
36%
47 -
*32%
28%
31
36%
40
23%
41
28%
35%
44 %
44%
36%
44%
33 %
35
1961—Jon-July
—
Jan-July
28%
35
28%
30%
28
30
*46
*32%
•46
April-Ocf-
—
♦32%
116%
75
84
64%
15
55%
81
81
81
10
73
56
53
60
♦78
73
76%
Financial
institutions
81
—
For
64%
58%
60
~
—
*
foreign
53%
--
securities
65
FIRM TRADING MARKETS
60
55
53
60
—
__
76
84
65
66
4
57
66
57%
58%
6
51%
58%
75
*84
A
r.ARL MARKS ft r.O- INC.
(interest
April-Ocf
(Plan B)
—
.
—
June-Dec
72%
75
19
67%
3%s series No. 2-
June-Dec
71
71
72
6
65%
3%s series No. 3
June-Dec
71
71
72
33
65%
71%
71
72
46
65%
72
65 »/2
72%
73
73
67%'-
75
foreign securities specialists
72
June-Dec
■3%s series No. 4
;
J%s series No. 5
June-Dec
3%s series No. 7
June-Dec
J%g series No. 8For footnotes
see
———June-Dec
page
25.
e72
——
72'%
*73%
80
*73%
76..
40
.
-
SO
72
Broad
St.,
Telephone HAuover 2-0059
..
31%
36%
35%
*46
35%
1962—
13
102%
107%
*53
Feb-Aug
1961
40%
101%
107
*106% 107%
*46
—
Feb 1961—:—Feb-Aug
ARy external sinking fund 6s Jan
65
2
*32%
May-No®-
AExternal sinking fund 6s
'
AOs assented Feb 1961
66
163 % 103%
93%
63%
April-Ocf
June-Dec
Plan
< _
.•
(Interest
1978
pursuant
65
70
107 %
funding bonds of 1931 due 1951.
Stamped
70
65
April-Oct
1960
68%
*69
—April-Oct
sinking fund 6s 1960
assented
AOs assented
114%
—
A 6s
64
68%
—
I960-—
1942
70
66
1961—Mar-Sepf
A 6s assented Sept
liar-Sept
AExternal sinking fund 6s 1962
April-Ocf
106
15
—
68%
•70
—
8A7s assented
68
6J %
68
6s Sept
1961—
95 Va
65%
70
70
—
AExternal sinking fund
94 y»
90
70
(interest
1979
Plan
83%
64%
June-Dec
due
Plan
68
53
70
(interest
1952
pursuant
—
94%
94%
4s
69 %
67
*69
64%
30-yr 3s s f $ bonds 1978_Jan-JuIy "^40
(Dominion of)
64%
67
(interest
1979
1927
to
115
—April-Ocf
Plan
3.375% )
(Central Ry)
reduced 3.5%)
9%
to
3.375%)
reduced to
Stamped
June-Dec
1978
6%s of
Stamped pursuant
A7a
Plan
-w—
June-Dec
1941
6%s of 1926 due
pursuant
reduced
A External
f
to
93%
Jan-July
94%
94 %
-
A 6s
98%
v
66
69%
*68 %
25-year 3%s 1961
25-year 2%s 1974
A External
35
2
103'/a 103%
52%
46%
■
77
103% 103'/«
54 V.
46%
'
52%
46%
47
55
Feb-Aug
Belgium
„
_Aprii-Oci
101%
i———Jan-July
i
Mar-Sept *
102 %
A Carlsbad (City)
8s 1954.
Jan-July
Cauea Val (Dept of) 30-yr 3s s f $ bds 1978-Jan-JnIy
40%
lAChUe (Republic) external s f 7s 1942—-May-Noo - •
Canada
i
%V
Jan-July
15-year 3%s 1962
:
65%
70-14
69%
*68%
June-Dec June-Dec
June-Dec
—June-Dec
;—-—
70
66
*63
~
70
Caldas (Dept of)
April-Oct
__
■•>—
3%« series No. 29
64%
71
*68%
June-Dec
3%s series No. 28
1
70
*70
„
June-Dec
3%s series No. 27———Li
70
•68V2
June-Dec
——
71%
*68%
8%s series No. 25———1—4
-
68
63 %
65
71%
„
3 %s series No. 21
75
66%
70
__
June-Dec
June-Dec
June-Dec v
June-Dec-
—
69%
20
*70
14
3%s series No. 19————
'
Akerahus
3.5%)
High
63%
3%s series No. 20
—
§ A Guaranteed sinking fund 6s 1947
A Guaranteed sinking fund 6s 1948
pursuant
Jan. 1
Low
No.
7
3%s series No. 26—J
York Stock Exchange
Broadway, New York
Foreign Government and Municipal
Agricultural Mortgage Bank (Colombia)
reduced to
Range Smoe
Sold
75%
Sinking fund gold 5s 1958—
Stamped
Bonds
7-t %
3%s series No. 30
external 8s
High
*69
Brisbane
(U 8 of)
Range
Friday's
June-Dec
June-Dec
June-Dec
3%s series No. 11
Wertheim & Co.
IA Brazil
or
Bid ft Asked
5
3%s series No. 24
5s
Week's
75
8%a series No. 22
external 5s
30.000
75
-3%s series No. 23
(Commonwealth)
10-year 3y«s 1956
96.28
3%s series No. 10
37
Foreign Securities
Antwerp (City)
*96.16
99.4
June-Dec
3%s series No. 18
Australia
96.24
Last
3%s series No.
f $ bonds
97.16
Sale Price
3%s series No.
s
*97.4
Period
8%s
sec
97.16
Interest
8%s series No. 13
30-year 3s
9u.20
98.4
96.24
3%s series No.
•
*9o.R
*97.24
24
3%s series No.
.
*93.24
98.4
100.4
3%s series No. 9
Corporate Stock 1980
'
99.4
98.20
High
City
• -
100.28
100.16
*98.24
Low
Issue—
Telephone
4
♦98.8
New York Stock Exchange
Sold
High
3.000
103.16
23
*99.24
BONDS
Range 8lnce
Bid ft Asked
'
100-4
Friday
Bonds
Friday's
>
transaction.
Week's Range
Low
'
1,000
101.4
Treasury
Treasury
Treasury
Treasury
Treasury
International
99.11
1967-1972
Jan
107.18
Feb
102.18 Feb
*102.7
*102.9
1952-1955
Treasury
Treasury
Treasury
Aug
102.30
102.10
1951-1953
Treasury
105.4
Jan
*102.8
2 %s
2%s
Treasury
Feb
100.13
102.10
Treasury
Treasury
102.30
Bonds ($)
103.4
High
New York
4,
N. Y.
Teletype NY 1-911
21
22
THE
(1278)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, March 27, 1950
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
Last
Feriod
Sale Price
or Friday's
Bid & Asked
Low
(Republici
May-Nov
AChile Mortgage Bank 6%s
A6%s assented
fund 6%s 1961
0%s assented
1961
AGuaranteed sinking fund 6s
A6s assented
May-Hoy
Jan-July
3s ext sinking fund dollar
.
(Dept
Stamped
(State;
47
47
—
49 %
*53
*53
*53
88%
—
89%
(interest reduced
26%
External
f dollar
s
41
40
AEstonia
bonds
(Republic of;
A6s
part paid
paid
Helsingfors
Jan
77 %
72%
Italian
87
14
A 4
114
35
41
40
7s
Jan-July
1976
1
50
99/2
36
90%
99%
96%
26
85%'
96 %
91
91% V
73
75%
92%
60
*
to
{A7s
3%
1967—
«
—
Jan-July
Jan-July
external
sink
6y2s
1960
fund
—
—
11
B
Public
A External
f
s
l-3s
76%
62 ,8
53%
*10%
73%'
6
76%
63
53%
15
55 %
49%
11%
10%
10
30
34'%
36'%
95
34%
61
62
35
61%
37% '
61
71
35
41%
1
61
62
62
71
—
1977
2
Jan-July
9 %
-
11%
62%
—
64%
103
102
—
—
AMedellin
3%
to
1977
37%
.61%
__Jan-July
1952
Jan-July
Altaly (Kingdom of)
41
118
38%
43
41%
64
64
5
12%
12'%
13
52
11%
54
54
1
46%
39%
40V2
9
35
1978
Jan-July
—
Metropolitan
Water
Board 5%s
Sewerage
&
Mexican Irrigation—
|A4%s assented (1922 agreement)
A4%s small 1943
assented
(1942
99%
agreem't)
1968—Jan-July
6'%
—
6 Vs
I
"
ALarge
'
assented
(1922
agreem't)
—
-
7
.
A
assented (1942 agree't)
new
Large
1963—Jan-July
(1922
A4s
|A4s
assented
ment)
1910
1954
June-Dec
(1942 agree't)
(assented
to
1968—Jan-July
1922
1945
new
1
11
9%
—
—
10
5 Vis
5
8%
"9%
—
1963—Jan-July
(1942 agree't)
—
ASmall
9%
—
tATreasury 6s of 1913 (assented
9 %
20
7%
to
9%
6'%
__
"
—
9%
9%
6%s
(State)
agree't)
1952
1963—Jan-July
—
—
ApriZ-Oct
„
—
to
Mar-Sept
1959
A
2008
(Kingdom) 3%s 1957
(Kingdom of) 4%s 1956
External sinking fund 4'As 1965—
4s sinking fund external loan
1963
8%s sinking fund external 1957
(City)
Panama
fixed
5s
extl
s
s
f
f
6s
1959
35%
34%
33
f
*35%
32
35%
57
96%
secured
95%
4
96%
93%
93 %
—
—
—
*94y8
98%
96
92
2%s debentures
—
90 %
—
__
*102
90 %
*103% 106
*44
~4
—
95%
.'April-Oct
27%
34%
Stamped pursuant to
27%
ApriZ-Oct
7V2
8
Jan-July
jan-July
Jan-July
8%
—
7%
1
18 %
8
8%
*7%
38Va
__
44
34%
107%
18
99%
101% 102 %
6
101%
97%
112
100%
103
105%
124%
121% 125
633
115%
101
100% 101
209
100%
101
103%
103% 104%
73
103%
104%
104% 105%
37
104%
105 7/a
79%
*81
128%
79%
2
120
104%
1966
103
120%
103
109% 115%
106%
125
32
2
76%
79%
80
84
128% 128%
103 %
82'%
127
131%
119%
120%
103
1
103% 104
31
102%
104 %
104
*
Jan-July
105
42
102%
105
102
102 %
101%
102%
103
104%
27%
First
28%
First
First
8%
9%
8%
.
15%
9
3
8%
10
7%
--
i
9%
37%
38%
3
37%
33%
34
34
1
33%
35
50%
52%
17
37%
3
44%
Feb-Aug
34%
26
32
35
39%
40
34
54
,
43%
1
M
93
63%
63%
63%
63%
63%
26
59%
64%
63%
63
63 %
32
59%
64%
64%
39
Steel
.
71%
71%
26
69%
74%
51%
51
52
243
49%
53%
86 %
83%
176
85%
89%
5%
ser
A
1980_Jan-July
70%
70
70%
33
67%
series
D
71%
1985_Jan-July
81%
79%
81%
17
79'A
81%
90%
92
4
90%
90%
2
1951—
Jan-July
first
3'As
C
1951
1960
90%
Jan-July
1951
90%
April-Oct
April-Oct
1961-May-Nov
*100%
122
99%
99%
*104
..Feb-Aug
3s
series
K
1970
93
122%
"6
93
99 3 8
13
104%
100%
121%
122 %
99%
104
99%
105
1976
Jan-July
101%
101% 101%
13
100%
May-Nov
101%
101% 101%
20
101
101%
104% 104%
1
104
105
1979—_Jan-July
Mar-Sept
Bristol-Myers Co
*__
May-No®
*102%
ApriZ-Oct
*—
1013A
3s debentures
modified
Co
1968
4%s
first
1957
4s
1952——
1955
5s
82
81
102
__
83
102%
90
72
72
72%
40
72
78
51%
51%
52
31
49'A
56%
104%
105%
104% 104%
100% 101
2
104%
105 Va
9
100%
102
102% 102%
5
102%
103 3'a
Feb-Aug
April-Oct
*104
Brooklyn Union Gas 4s debentures 1969—Mar-Sept
General mortgage 2%s 1976
Jan-July
Buffalo Niagara Elec first mtge 2%s
1975_May-Nov
Buffalo Rochester & Pittsburgh
Ry—
Terminal
89%
RR—
(Ernesto) Co 7s 1954
Consolidated
89%
100 %
„
Corp—
Maine
Stamped
65 Va
71%
mortgage 4s series RR 1960—Jan-July
AInc mortgage 4%s series A July
1970—May-No®
ABreda
60
T
4s
refunding 4s
Bush
Terminal
May-Nov
April-Oct
Jan-July
Buildings
5s
gtd
58
California
1960
Electric Power first 3s
California Oregon Power 3%s 1974
Canada Southern^consol
64%
64%
105
'65%
43
*101% 102%
100
April-Oct
'
99% 100
*106
32%
National
63
102
37
69
102 'A
98
100
—
106
106
50
~
43 Va
Guaranteed
43%
45
Guaranteed gold
4%s
4%s
2
31%
32%
50
2
48%
50
Canadian
—
34%
35%
37
~
34
34
Pacific
conv
April-Oct
*104 %
103%
103
103%
42
115% 115%
20
105
104 Va
—
103%
104%
100
104%
4%s
1957
—
1955
Jan-July
June-Dec
1956
4%s 1951
Feb-Aug
115%
116 Va
113%
114 Va
12
113%
114
18
103%
105
160
100%
103%
*113 % 113%
113%
Mar-Sept
113 % 113%
103% 104
Ry—
debenture
stock
(perpetual)
Jan-July
1013,8
1013, s 102%
Capital Airlines, Inc—
4s
*34
gold
Guaranteed gold
4%
*35%
gold
*103% 105
May-No®
Ry—
38%
3<>%
1976—June-Dec
gtd 5s A 1962
Guaranteed
—
__
94
92 %
u-_June-Dec
mortgage series AC 1967
mortgage 5s series II 1955—
mortgage 4%s series JJ 1961
Canadian
43Vo
*45
May-No®
pursuant to Plan A (interest
reduced to 2.25%) 2004
June-Dec
7»
1967
stamped
pursuant
to
Plan
A
(Interest reduced to. 2.25% ) 2004
June-Dec
88%
40
C
*34/4
*58
_
349
46%
343/,
96%
40
4614
91
1
June-Dec
First
7%
94
2010.'——May
division
ref
mortgage
&
28 Va
7V2
10
46 Vi
April-Oct
(Interest
1966
Boston
22
14%
89 %
93
—Mar-Sept
-Mar-Sept
—
1995
mortgage
Extension
.
Feb-Aug
first
stamped
22 V8
21
*52
40
1
Telephone of Pa 5s series
Bush
Jon-July
div
Creek
8%
_
(interest
692
99% 100%
."May-No®
1952—Mar-Sept
■
A
,
25.
101%
96 %
33
1995—
mortgage 2%s series I
Consol mortgage 2%s series J
A
——Aprll-Oct
8tamped
page
7%
*8%
*14
reduced to 2.5%) 1999
April-Oct
A6s external
sinking fund gold 1968
June-Dec
Stamped pursuant to Plan A (interest
reduced to 2%) 2012
June-Dec
A 7s external loan of
1926 due
see
__
April-Oct
(interest
A
100%
99%
21
interest)—
Consol
22 %
23
ApriZ-Oct
1946
Plan
4s
105
31
3
27
1
due Dec
lien and
Bethlehem
44
—
34%
1947—April-Oct
1953
|A8s external loan of 1921
99%
38
mortgage 6%
(2%%
contingent interest)—
3%%
J
Cincinnati
Consol
__
44
A
96%
110% 112
111%
May-Nov
Beneficial Industrial Loan 2%s debs
3%s sinking fund debentures 1964
93
103%
26
Plan
38
95%
100 %
89%
,
contingent
general
Consolidated
Beech
Bell
103
88%
—
28%
to
101
93%
97
Bangor Si Aroostook RR—
99'/a
103
9cy4
3%
and
First
93%
98
3
28 %
A
216
99% 10G%
Quar-Jan
(3%% fixed & 1%% conting int)
Toledo
95
98%
*95% 100
26%
2001—
and
S'western
98%,
23
26%
Plan
96 %
96%
—June-Dec
A4%s convertible Income Feb 1
99
27%
6Vis
100%
.
78%
100 %
100% 100%
100%1
.Pittsburgh Like Erie & West Virginia—
Refunding 4s series A 1980
May -Nov
99 %
4
__
27V2
1961
For footnotes
—
I960—_June-Dec
Stamped pursuant
;■
*35%
*44
1961—_April-Ocf
reduced to 2%) 2012
Bio Grande do Sul (State
of)—
'
—
—
series
pursuant to
reduced to 2.375% )
94%
104%
74
960
Feb-Aug
1962—April-Oct
1996
Series
series
Stamped
20
53
103%
115%
2000
98%
Mar-Sept
stamped pursuant to Plan
(interest reduced to
2.375%) 2001
7%s 1966 stamped pursuant to
Plan
(Interest reduced to 2.25%) 2006
IARlo de Janeiro
(City of) 8s 1946
AExternal
94%
107
106%
April-Oct
l
98%
1950
and
fixed
1st
loan sink fund 7s
93%
—ApriZ-Oct
l
*44%
6s 2nd
A4%s assented 1968
AExternal sinking fund
gold 8s
A4%s assented 1963
Porto Alegre
(City on¬
100% 100%
1
Fe—
March
98%
1967—Mar-Sept
Mar-Sept
lAPoland (Republic of) gold 6s 1940
A4%s assented 1958
iAStabillzation
11
77
*100% 101%
95
60
104%
113
July 1995—
Series G due Dec
(interest
>'
77
94
60
104%
106 %
106
1966_.
March
97Vi
Mar-Sept
external 7s
60
106%
103% 103%
Aprll-Oct
4s
due
98'%
ApriZ-Oct
2008
(Republic of)
7%
115%
—
due
Feb-Aug
June-Dec
B
A
10
June-Dec
:
M
99
May-Nov
Plan
95
80%
106%
1959
K
ApriZ-Oct
1994
to
91
86%
80%
—-June-Dec
debenture 3s
Series
98%
1963
to
11
June-Dec
Series
1
reduced to 2.125%)
to
1957
13%
—
ext
95
*—
June-Dec
_.
1971-
gold
92
92%
81%
COMPANIES
-ApriZ-Oct
_
61%
:
St&mped pursuant
loan
;
June-Dec
1909
first
82%
80%
Jan-July
11%
98
ApriZ-Oct
(Republic)
95
April-Oct
57
1
98%
1970—June-Dec
ANat loan extl
~5
13%
57
99
extl sink fund 5s
External secured ref 3%s series
lAPernambuco (State of) 7s 1947
ANat
13%
57
13%
12
-
98
98%
Mar-Sept
sinking fund 4%s 1955
AStamped assented
Stamped mod 3y4S
APeru
Mar-Sept
Mar-Sept
May-No®
Norway
Municipal Bank
—
(interest
Netherlands
Oslo
*13%
•
2.125%)
42
Co—
1961
debentures
Tobacco Co
P W Products Co 5s
Ref
extl sinking fund 6s 1958
Mar-Sept
Stamped pursuant to Plan A (interest
Stamped pursuant to Plan
89
86
mortgage 4s series A July 1975——Aprll-Oct
First mortgage 5%
series B (4%
fixed
—
reduced to 2.125%) 2008ASecured extl sinking fund 6%s
88
94
INDUSTRIAL
contingent interest) July 1975_April-Oct
-Refunding and general mortgage 5% (2%
ASecured
reduced
AND
and 1%
—
(City of)
88 %
6%
Feb-Aug
debentures
debentures
134%
*121
First
Jan-July
ASmall
A Milan
134%
__
96%
7%
1973
convertible
9
92%
7%
;
1982
—
Mlnas Geraes
10
6 %
—:
Baltimore & Ohio RR—
1922
1933
assented (1942
new
*134%
1967-
General unified 4%s A 1964
ASmall
A6s
95%
6%
9%
95%
7
6%
10
9%
14
B
—
4
3%s
Stamped 4s July l 1995
Atlanta Si Charlotte Air Line
Ry—
First mortgage -3%s 1963
Atlantic Coast first consol 4s July
11%
10
8
7%
1952
debentures
Atlantic Refining
10
6!%
14
—Feb-Aug
—Jan-July
assented
agreement)
debentures
2%5
A
11
11
14
10 Va
13
10%
agree¬
ASmall
A4s
11
1984
1975
3s; debentures
11 %
9%
2
11
10 Va
.
1980
deductions
Ann/Arbor
to
due
agreement)
new
of
assented
*11
11
1904
7s
debentures
American
10
12
68
11
10%
9%
,
RAILROAD
Atchison Topeka & Santa
General 4s 1995—
*11
—
-
ASmall
A4s of
—
124
1979——May-Nov
May-Nov
2%s convertible
1%
Large
72%
13
Airlines 3s debentures 1966—-June-Dec
American Bosch Corp 3%s s f debs
1964—May-No®
American Si Foreign Power deb 5s
2030—_Mar-Sept
American Telephone &
3 %s
ASmall
A5s
85
66
5
—Feb-Aug
Southern
3%s debentures
—
73%
11%
60
Great
2%s debentures!
2%s convertible
1945—Quar-Jan
67
72%
12%
May-Nov
1958
2%s
11 it
-
ASmall
72%
1978_—Feb-Aug
Jan-July
2%s
J-
Quar-Jan
72%
85 Va
82
72%
1978—June-Dec
2%s
1
67%
*104
101
itn
1
--
76%
87 %
80
May-Nov
Alabama Power first mortgage 3%s
1972_Jan-July
Albany Si Susquehanna RR 4%s 1975__—April-Oct
Alleghany Si Western 1st gtd 4s 1998—April-Ocl
Allis-Chalmers Mfg 2s debentures 1956
Mar-Sept
t
—
68
87
72%
72%
April-Oct
1
99 U
21
76%
72%
June-Dec
Valley (Dept of)
(City) external 7s 1958_
assented
AAdriatlc Electric Co
11
JA5s of 1899 due 1945
A
997/a
1943—May-No®
ASmall 1968
5A5s
9923
60
72%
1962
1979
2%s debentures
Drainage
—ApriZ-Oct
1950.
(Republic of)
19876
56
72%
conversion
readjustment
Cauca
Cauca
Alabama
40%
f $ bonds
64
•
ANew
See
A4%s
54
s
external
Del
'
15
—
72
3
Aprll-Oct
1958
7s
Telegraph
June-Dec
7s 1951
(Colombia)
30-year 3s
Mexico
3%s
American
(State Mtge Bank) 7s 1957—April-Oct
6y2s 1954
June-Dec
A Jugoslavia
2004__Jan-July
Jan-July
readjustment
4-4%-4%s external
"
-
63
72
May-Nov
external
conversion
13%
11
57
1
A
to
3%-4%-4/ffs external
'AWarsaw
—
—
Jan-July
Mar-Sept
1%
2.25%)
1968
readjustment
11%
—
2
*126
'
53%
61%
89
Jan-July
Mar-Sept
1958
*
63
2
High
58
„
A
Plan
external
76%
*7
76%
6
41
10
April-Oct
1947
7s
of)
assented
59
(Interest
1962
1
Utility-
Credit Institute
to
Jan. 1
Low
A
—Jan-July
Jan-July
—June-Dec
Valle
11
9%
65
*100/2
38%
1960—May-No®
5s
1977
series
Italian
Plan
Slovenes
External
Italian Credit Consortium for Public Works
1%
to
1999
external
(Prov
%s
55
«
93
.
—
Jan- July
1976
_May-No®
„Feb-Augr
extl
60
Sydney County Council 3%s 1957—
Jan-July
IA Uruguay (Republic) external 8s 1946
Feb-Aug
AExternal sinking fund 6s I960
—May-Nov
AExternal sinking fund 6s 1964—
.May-Nov
27%
19%
109
—
59
2%) 2012
(Kingdom) —
Croats &
ASilesia
to
loan
reduced
'
extl
(Republic)
Serbs
90
9
95>/8
99%
96%
91
1976
1
1
1968
(City)
series B secured
30
41
,8
*50
„
Jan-June
1964_
Irish Free State
secured
A7s
89%
Greek Government—
part
A8s
43%
dollar
pursuant
(Interest
•
f dollar bonds Jan
A7s
47-/4
external
Stamped
External
Feb-Auy
April-Oct
f dollar bonds Jan
s
48%
A6s
to
gold 4%s 1962
(Republic of)—
s
49 Va
43%
-
72
May-No®
Plan
to
reduced
79%
85%
26%
*lliy8112
—
—Aprll-Oct
1960
to
pursuant
87
—
El Salvador
extl
Stamped
47%
—
w
85%
26
_
Jan-July
1978
gold 5%s 1955—
4s
5%
—
63
72
No.
(interest
pursuant to Plan A
reduced to 2.5% ) 1999
A7s external water loan 1956.
47%
—
—
A
3%-4-4%s (dollar bond of 1937)—
External
3%s extl
33 %
Stamped
40%
167
Pian
to
Range Since
Sold
(interest
sinking fund
79 %
—
A
1950
(Interest
—
63
1957—May-Hoy
2001
78%
*86
„
May-No®
June-Dec
fADenmark 20-year external 6s 1942
8s extl
31%
4 %
*66
„
*—
May-No®
Plan
1936
stamped pursuant
(Interest reduced to 2.5%)
8s external
—
assented
extended
6%)
8s
40
—
to
pursuant
High
Bonds
*69
to 2%) 2012_^
(State of) —
Paulo
A
28%
1
5
44
of)—
30-year 3s sinking fund $ bonds
Czechoslovakia
*4%
San
44 %
23%
-
'
„
April-Oct
May -Nov
Feb-Aug
June-Dec
May-Nov
fASinking fund 7s of 1926 due 1946
jASinking fund 7s of 1927 due 1947
Copenhagen (City; 5s 1952.
25-year gold 4%s 1953—
ACosta Rica (Republic of) 7s 1951
Cuba (Republic of) 4%s external 1977
—
33*4
33*4
__
bonds 1970—ApriZ-Oct
5AColombia Mortgage Bank 6 %s 1947
Cundlnamarca
■
__
Friday's
May-Nov
1952
2.375%)
to
Stamped
35 %
39
——
*46
—
April-Oct
1961
Jan
*32'/2
or
Bid & Asked
April-Oct
reduced
23%
4
8s
A6%s extl secured
32%
39
3
44 %
35'/4
35'/4
Sale Price
1952
pursuant
reduced
44 %
6%s
(City;
Stamped
30%
28%
-
(City of)
Paulo
47
36%
44 %
—
Mar-Sept
1960
40
_
ABao
31%
37%
*46
—
Mar-Sept
1961-
1927
—■
—
June-Dec
of
47
-2 k
Rome
35%
28%
2
Week's Range
Last
reriod
Low
46%
26%
1
44»A
Interest
Exchange
High
39
■—
47
—
1928 Oct
A 6s Of
A6s
BONDS
New York Stock
23%
—
__
(Hukuang Ry) 5s 1951
(Republic of)—
142
„
May-Hoy
Municipal 7s 1960
assented
A7s
Colombia
Low
9
35 /«
44'/•
*32%
„
April-Oct
1962
Consol
A Chinese
No.
46 h
32 %
—
-—April-Oct
1961
1961
sinking fund 6s 1962
assented
A6s
33
June-Dec
June-Dec
June-Dec
June-Dec
1957
1957
24
Friday
Jan. 1
*32%
—
1993—June-Dec
MARCH
Range Since
Sold
High
44 A
—
May-Nov
A6s assented 1963
AChllean
Bonds
A
Extl sink fund dollar bonds 2-3s
AGuaranteed
ENDED
cont
/^External sinking fund 6s 1963
A Sinking
WEEK
Week's Range
New York Stock Exchange
Chile
FOR
debs
series
A
I960-
4s conv inc debs series B
Mar-Sept
,
1960
Mar-Sept
82%
83
9
74
85%
100 % 1C4
53
83
106'A
Volume
171
Number 4893
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1279)
23
NEW YORK BOND RECORD
RANGE
Friday
BONDS
New York Stock
Interest
Exchange
or
Sale Price
Friday's
Oho
&
4s
1965—
Mar-Sept
Carthage & Adirondack Ry—
First
mortgage guaranteed 4s 1981
Celanese Corp 3s debentures 1965
Celotex Corp 3'As debentures 1960
mortgage
A Gen
General
N
York
A
series
Jan
B
Jen-July
2020.—May
2020—_May
1
Jan
1
3%s
Power
Jan-July
1974
2
*101%
*85
Champion Paper & Fibre
Chesapeake & Ohio Ry—
deb
3s
60 Va
104%
1 Vo
'
100 Va
1965
63%
89
63
67%
65%
40%
41
69 Va
39%
-
41
45%
46%
4s
*105
67%
79
39%
42%
105 Va
104
103%
104
102%
103
\
*103
104
*100%
__
*103
—
132% 132 %
J3
130
102% 103 %
56
102
First
4s
Chicago & Eastern 111
A
mortgage inc conv 5s 1997.
mortgage 3%s series *B 1985
Chicago & Erie 1st gold 5s 1982—
Chicago
Gt
West
AGeneral
inc
first
4s
series
A
4y2s Jan 1
mortgage
Jan-July
May-Nov
May-Nov
1988—Jan-July
2038_Jan-July
mortgage
A 2nd
4s inc
series
mortgage 4%s inc
A
Jan
A
ser
1983. Jan-July
Jan
First
mortgage
4s
series
A
General mortgage 4y2s inc
4%s
A Jan
ser
increased series B Jan
conv
Chicago & North
Second
Jan-July
Western
mortgage
1
2044
1
mortgage 3s series B 1989
Chicago St L & New Orleans 5s 1951
and
Income
June-Dec
1994
mortgage
3'/as
series
F
2%s
series
G
Jan-July
Jan-July
1952_Jan-July
First and refunding 4y4s series D
1962_Mar-Sept
Cincinnati Gas & Elec 1st
mtge 23/4s 1975_ApriZ-Oct
First mortgage 2%s 1978—
Jan-July
Cincinnati
First
Union
Terminal—
C
I T
City Ice & Fuel 2%s debentures
City Investing Co 4s debentures
Cleveland
1966
General
gold
General
5s
4s
1993—
series
B
■
Series
3y2s
D
Cleveland
Short
Cleveland
Union
Line first
Terminals
First
4%s
&
Colorado
First
Fuel
3'/8s
Gas
Gas
41%
39%
70%
*126 %
&
Columbus
&
36
1
68
trust
Railroad
First
consol
73%
>(
Ohio
Division first
4s
93
21
86%
82
31
73%
60
1
59%
G2
27
45 %
50%
89
93%
,
41
*92
102%
68
92%
102% 102%
68
53%
12
68%
First
mortgage
102%
First
3s
mortgage
2%s
Conn
f
s
66
103%
58%
27
55%
246
50%
91
87
103%
102%
*110%
*103%
100%
•841/4
76%
79%
76
--
87%
79
*—
12
103% 103%
12
103 %
104%
102% 102%
1
101%
103
69%
341
Ry & Lt
Elec
85
income
3%s
external
4s
General -5%s
L
N
First
1990
2000
4y2s
mtge 2%s
2%s
1951
——April-Oct
104 %
A Green
ser
Cruible
Steel Co
SACuba
Northern
Ry
receipts
§ A Deposit
ACuba
of Am
RR
first
gADeposit
§A7%s
§A6s
__
110%
&
A Debenture
__
102%
1031/4
Gulf
110%
100%
5
97
102
96
87%
4
96
83%
~
87%
80
A
,
Mobile &
B
100%
.
1976—,.
debenture
107%
60
92%
103
10
106%
107%
6
125%
129
11
106% 107 %
122%
125
100%
102
100
102%
Jan-July
128
124% 125
101 Va 101%
46
100% 100 %
7
94
100%
128%
95%
95
95
2
84%
84%
8
84%
87 %
95%
Feb
A
ctis
95%
2
95%
97%
*65
Feb
8
General
mtge inc
series A July
5s
70
7%
9
102%
103
103%
104%
8
Collateral
Gulf
trust
Util
States
106% 107%
3%s
first
mortgage
mortgage
1968—
M
2%s
64
75
101 Va
65
13
99%
"2
62
79%
103%
67
;fc_May-Nov
99%
99%
100 %
104%
104%
April-Oct
1969
*11
Jan-July
*
1979
2%s
1
75%
Jan-July
1976.
1978
3s
105
June-Dec
H
87
107%
107%
99%
100%
107%
Hackensack
Water first mtge 2%s
Hocking Valley Ry first 4%s 1999
Household
Finance
Corp
2%s
Hudson
A
&
Manhattan
first
Jan-July
5s ser A
5s A
*100% 101
l962_June-Deo
1957—
Adjusted income 5s Feb 1957
Feb-Aug
April-Oct
92
91%
100%
32
92
127 Va
128 %
99%
10
128 % 128%
128%
—Jan-July
1970
99%
*99% 100%
1976—Mar-Sept
100%
89 Va
93
68%
68
70
124
63
70
37%
37
39 %
312
27
40%
102
102%
108%
106
4
74%
75%
*102% 103 %
66%
82
15
—
♦103% 104%
Jan-July
2015_Jan-July
First and refunding 3%s series D 1969—April-Oct
General mtge inc 4s series B Jan 2044
April
62
106%
6
*103%
1959-.—April-Oct
First and refunding 4s.series B 1975
1st
98%
63%
debentures
3s
debentures
57
15
108%
101%
105,
107%
105%, 106'A
37
62%
78
100%
100%
11
__
104%
105%
15
105%
106%
—
105%
Bell
First
Telephone
mortgage
2%s
series
3s series B
198I_Jan-July
A
..June-Dec
1978
—
*106%
.
8
*104
104% 105%
105%
108%
107%
__
105%
108 %
*107% 1087/a
107%
Consol
mortgage 4%-4%s series A 1979_May-ZVoy
8
—
—
*104
mortgage 5%-3%s series B 1979—May-ZVoy
mortgage 3%s series C 1974—May-ZVoy
*107%
Consol
First
105% 105%
104% 104%
*106% 107%
107%
105
107
*100%
105
5
gold 4s 1951
gold 3%s 1951
First
Extended
First
first
gold
Collateral
3s
Refunding 4s
107
104%
105%
Debenture
102
103%
106%
106%
101
104% 105
101 Va
104%
105%
102
10
—
102 %
101% 101%
101%
102%
7
99%
100%
6
102%
103%
May-ZVoy
1979_Jan-July
104%
104% 105
6
104%
106
105%
106%
June-Dec
125%
99%
*105% 106%
115
127 Va
20
103
104
105
19
104%
106
101
7
103%
104
106
*101
...
"
103% 104
1
103%
2
102%
102%
9
104 'A
105%
107%
107% 108
10
106%
Feb-Aug
94%
105
first
gold
967/a
101 Ve
101'A
*100% 102%
Jan-July
1951
100 Va
100%
94 Va
101
95
3%s 1953—wJan-July
*102%
102%
102%
3s
*101 Va 101 Va
100%
101%
*101
100%
101
101%
101%
1951
Feb-Aug
Jan-July
gold 3s 1951
Jan-July
Springfield Division first gold 3%s 1951. Jan-July
Western Lines first gold 4s 1951
Feb-Aug
Registered
Feb-Aug
and
Joint
..
—
and
First
refund
series A
5s
refunding
4%s
mortgage
Terminal
—
*100%
*102%
—
—
—
*102'/a
—
—
.
—
102% 102%
102% 102 %
Chicago St L & N O—
first refund
First
108
93%
*101
June-Dec
3s
105
1951
Illinois Central
—
103% .104 %
1966
St Louis Div and Term
Illinois
101%
100%
102% 102%
Ry
4s
4s
1963
series
1963_June-Dec
series A
51
-
49%
35
85
31%
35
100%
86
1
83
89
30
30
4
27%
32%
32%
35%
33%
33%
62
104
106
25
lOOVe
101%
96%
6
96
*98%
94
98'A
99
97%
99%
^International Great Northern RR—
86
104 V2
100% 100%
104
June-Dec
C
series D 1963_June-Dec
Jan-July
Indiana Illinois & Iowa first gold 4s 1950-Jan-July
Indianapolis Union Ry Co—
Refunding and imp 2%s series C 1986—June-Dec
105%
*103
102%
*93
95'A
47%
-
103%
92 %
94
*49
1970
100 %
5
lOOVe 100 Va
*90
100%
—
100
93%
100%
96
30
*32
June-Dec
*33%
—
—
Jan-July
87
86%
87%
68
81%
88 Va
April-Oct
Jan-July
AFirst
gold 5s series C 1956
Jan-July
SAInternational Hydro-Elec deb 6s 1944_ApriZ-Oct
Inter Rys Central America first 5s B l972_May-ZVoy
38
37%
39 Va
125
32 7/a
40%
81%
81%
10
75
82 Va
81%
82
44
75
61%
62V4
29
61
96%
96%
1
96
Jamestown Franklin
86
1946_June-Dec
1946
750
104
101%
——
—
—
103%
33%
105%
June-Dec
receipts
.
123% 125%
103% 103%
April-Oct
—Jan-July
Jan-July
2
108
102
May-ZVoy
gold 4s 1953
Louisville Div & Term gold
Omaha Division first gold
3 %s
105
108
Jan-July
May-ZVoy
1952..
1955—
Div
100%
105
—
—
*35
May-ZVoy
3%s
4%s
..
101 Ve
*
April-Oct
Bridge gold 4s 1950—
Litchfield
*102% 104%
ApriZ-Oct
Mar-Sept
1955
Refunding 5s
Cairo
1951
1951——
4s 1952—
gold
lines
*
Jan-July
sterling
trust
*104%
Jan-July
gold 3%s
„
*101
_I
107%
99%
1952
receipts
106%
*105% 106%
105
mtge 3y8s 1966_May-Nov
first 5%s 1942——June-Dec
deposit
69%
103
Ohio RR—
98%
100%
106 Va 106%
1st
deposit
90%
102
Jan-July
1.
certificates B—
Corp
3s
103% 103%
1975—Mar-Sept
debentures 1965
Jan-July
goid
1973
D
West
75 "fvV*80
if
103%
receipts
series
series
5s
C
Hudson Coal first sink iund
1977_ApriZ-Oct
1972—June-Dec
C
First and refund mtge 3s series E
3s convertible debentures 1963
Consolidated Natural Gas 2%s 1968
Consumers Power first mtge 2%s
3s
series
Bay
Greyhouna
106%
1982_Mar-Sept
B
ser
refunding 3s series D 1972
Baking
97%
102%
2%s series P 1982
Jan-July
mortgage 2%s series Q. 2010—__Jan-July
mortgage 2%s series R 1961
Jan-July
General
Gold
A
ser
refund mtge
Continental
*90
mortgage
103%
1
Jan-July
1961—Feb-Aug
First and
2%s
102%
__
16
72%
103%
*102
.
Jan-July
106
85%
73%
*103
Jan-JuZy
mortgage 3%s series O
104
85%
107
59
60
II
Jan-July
mortgage 3%s series N
2
■/
106% 106"%
..April-Oct
refund
and
1952
B
General
General
3
-.—Feb-Aug
April-Oct
First
and
series
5s
General
40
1978——June-Dec
1999
1999-
mtge
2%s
mtge
4%s "series
104
60%
1955_Feb-Aup
1977—
series
refund
Mar-Sept
196f%May-Nov
General
7
105
fa'6 %
108
67%
Ry Co—
Collateral trust
River Pwr sink fund 3%s A
Consolidated Cigar Corp 3%s 1965
Consolidated Edison of New York—
and
first
1969
'
106%
"''104'
60%
.—Feb-Aug
1970—May-Sept
Conn
First
1959
debentures
F)' Co
(B
Great Northern
80
.
,
Co—
1st and ref
4%s
Realty & Utilities Corp—
conv
103
65%
100
105%
67%
103
60%
100
87 Va
*100
103%
Goodrich
104%
65%
106%
85
102%
11
103 %
100% 100%
*96
6
G
103'%
4
~
103% 193%
*102%
86
June-Dec
A4s
103%
2
r-
103% 103%
105
87%
85%
"
90
103%
-
105% 106%
*—
85
88
and
General
*70
70%
97%
34
refunding 5s series A 1974..Mar-Sepf
A Certificates of
deposit
—1
Mar-Sepf
Francisco Sugar collateral trust 6s 1956—May-Nou
56
103% 103%
83
63%
97 Va
86
1961——May-Nov
60
54%
debs
3s
first
Coast
General
£4y2
34
85
*97% 102
1953_Mar-Sept
1971_Mar-Sepf
mortgage 3%s
65 Vs
86
71%
*103
Mar-Sept
debentures
debentures
series H
64
64%
Consol
1974
3s
sinking fund
2s
Rubber
&
East
AFirst
104%
80
>
series
3s
mortgage
Tire
tFlorida
General
*87%
110 Vi
—
F
Firestone
49%
57%
53%
104%
106%
~4
109
*108%
April-Oct
84%
60
„
109
ApriZ-Oct
93
80 Vs
1964—ApriZ-Oct
1974
Edison
1965.^
5s
:
1107/a
104%
—
91 Va
Purchased
Commonwealth
first
i
110%
—
Co—
42
91 y2
Mar-Sept
first
Southwestern
stamped 1965
10
110% 110%
Mar-Sept
mtge inc 4%s series A Jan 2015_Jan-July
First consol mortgage 3%s series E 1964_April-Oct
First consol mtge 3%s series F 1990
Jan-July
First consol mtge 3%s series G 2000—„Jan-July
101
Corp—
Ohio
Toledo
170
&
Ry 3'As 1970
General
103%
99%
81
April-Oct
August
101
Illinois Central RR—
1973
March
Paso
Erie
Illinois
1971
South
102
9
^2
70%
April-Oct
-May-Nov
System Inc—
debentures
Columbus
coll
Electric
debentures
11
Corp—
and
&
3s debentures
3s
Iron
debentures
Columbia
3y4s
&
mortgage
Columbia
1977
Ry—
modified) 1980
101
110%
109% 110'/a
1021/8 102 %
99% 100
Southern
(stamped
2
101
108%
100
Co—
mortgage 4%s series C
Colorado
101
_April-Ocf
101
104
11
102Ya
First
•
96%
100%
112%
1950
mortgage 5%s series A 1972—„ ApriZ-Oct
First mortgage 5s series B 1973
April-Oct
35
103
111%
June-Dec
Feb-Aug
gtd 4%s 1961—April-Oct
101
2
3
111% 112
June-Dec
guaranteed
101
103% 103%
E
First
Refunding and impt 4%s series E 1977—Jan-July
Cincinnati Wab & Mich Div 1st 4s
1991_Jan-July
St Louis Division first coll trust 4s
1990_May-Noo
Cleveland Electric Illuminating 3s 1970
-Jan-July
First mortgage 3s 1982June-Dec
Cleveland & Pittsburgh RR—
101
*152
June-Dec
.
1979
67%
105%
*104%
—
Ry—
1993__,
117%
92%
Elgin Joliet & Eastern
June-Dec
1961
Cincinnati Chic & St Louis
103 %
102 %
114
Feb-Aug
April-Oct
101%
112%
95%
*94%
114
*112
1969—Feb-Aug
Financial Corp—
debentures 1959
2%s
31
138
105 % 105 %
May-Nov
B
East Tenn Va & Georgia div first 5s 1956_May-Nov
(N Y) first cons gold 5s 1995_Jan-July
,
gtd 3%s series E
First mortgage 2%s series G 1974
108%
67%
Edison El 111
'•
mortgage
93%
107%
76
*67%
104
4s
Indiana
1961
—
120 %
1963
conv
Western
4%s
RR 2%s ser
mortgage 2%s
90 %
106%
*68
June-Dec
Tunnel
&
& Ironton
116% 117%
106%
1963
mortgage
101% 102 %
116%
June-Dec
1995—June-Dec
101%
Jan-July
First
Chicago &
Terminal
1958—.
gold 4s
1995
4s
8
119%
Chicago Union Station—
First
High
104%
1976_May-Sepf
Dow Chemical 2.35s debentures 1961—May-Nov
Duquesne Light .Co 2%s 1977
Feb-Aug
Ry—
refunding mtge 2%-4%s 1994-Jan-July
23/4-4y4s
gold
Detroit Tol
lien
first
18
107% 107%
105%
June-Dec
Memphis Division 1st gold 4s 1951
Chicago Terre Haute & Southeastern
debentures
Mack
90%
107%
4
April
1999—April
Jan-July
First
First
2019_April
Low
.May-Sept
54
Ry—
inc 4%s Jan
conv
1
1993——Jan-July
1966
36
RR—
1994
series G
105% 106
2003_Jan-July
Jan-July
Chicago Indiana & Southern 4s 1956
Chicago Milwaukee St Paul & Pacific
77%
119% 119%
Chicago Ind & Louisville Ry—
A 1st
97 V*
69%
103% 103%
RR—
General
95%
53
105%
1977—Feb-Aug
First
3%s
convertible
5s
1985—Feb-Aug
refunding mortgage 2%s 1970„Feb-Aug
First and
4
76%
119%
—Jan-July
refunding 4%s series B
and refunding mortgage 3Vas
First
76
refunding 3s series H 1970_June-Dec
and refund 2%s series I 1982_May-Sept
&
97%
75%
NO.
Lake—
(3% fixed
contingent interest)
ASecond
El
1958
and
Jan. I
90%
April
and
General
Chicago Burlington & Quincy RR—
General
Range Since
97
—Jan-July
103%
103%
Sold
133%
102%
Bonds
High
mortgage
Edison
Detroit
1st
132%
Friday's
or
Bid <fc Asked
fixed
(3%
A
interest)
1993
series A (4%%
interest)
2018
Salt
&
General
105%
103
Detroit
46%
—
Week's Range
mortgage
Income
48
296
106
Sale Price
Grande Western RR—
contingent
Denver
87
64
Last
Penult
contingent
AIncome
—
*61V4
Jan-July
1989—Jan-July
1989
Jan-July
Rio
mortgage series
Detroit
gold 4%s 1992
Mar-Sept
Refund and impt M 3%s series D
1996—May-ZVoy
Refund and impt M 3%s series E 1996.
.Feb-Aug
Refund and impt M 3%s series H
1973—June-Dec
R &
A
div first consol gold 4s
gold
Denver &
17o "
63%
Feb-Aug
—Feb-Aug
General
consolidated
58
100%
„
.
Interest
Exchange
mock
Low
108
103%
—
ApriZ-Oct
i
>
High
107
*101
46
"
BONDS
3s
1987
3s
Low
5
60 %
J—
Central Pacific Ry Co—
First and refund 3%s series A 1974
First mortgage 3%s series B 1968
Second
No.
*103% 103%
Feb-Aug
24
New Yora
First
April-Oct
1995
series
4%s
of
mortgage
New
A
4%s
mortgage
Central RR Co
Central
series
mortgage
A Gen
Jan. 1
High
60%
debentures (1947 issue) 1960
Feb-Aug
8 ACentral Branch U P first
gold 4s 1948—June-Dec
Central of Georgia Ry—
First
MARCH
Range Since
Sold
107% 107%
June-Dec
3 'As
ENDED
Friday
Bonds
Bid & Asked
Low
Carolina Clinchfield
WEEK
Week's Range
Last
Period
FOR
74
73%
74%
15
102% 102%
1
AFirst
6s
series
A
1952.
AAdjustments 6 series A July 1952
AFirst
5s
series
1956—
B
...
62%
82%
62 %
100
D
Dayton Power &
First
Lt
mortgage
First
first
3s
mortgage
3
2%s
mtge
1975_April-Oct
1978
series
June-Dec
&
Co
2%s
debentures
Delaware
&
Delaware
Lackawanna
New
Hudson
York
First
and
AIncome
Morris
&
refund
Essex
M
1965
extended
&
&
5s
due
series
C
95 %
96%
93%
2042
mortgage and
coll trust 3V8s
mortgage
coll
and
see
trust 2%s
page
25.
May-Nov
April-Oct
1977_June-Dec
1979_Jan-July
1976—Mar-Sept
99%
I
Kanawha
&
"
87%
81
86%
59%
63 Va
62
63
7
67
67%
4
65%
68%
106% 106%
1
106%
107 Va
105
105
Kansas City
1st
67
*—
106
—
Mich
1st mtge 4s 1990
Power & Light 2%s 1976
mortgage
Kansas
4-6s
May
1
Light 3s 1973
81 Clear first 4s 1959.June-Dec
Power & Light 2%s
73
102%
76%
103%
104 Va
104
46
Div
May-Nov
First
footnotes
*103% 104%
95%
1973_May-Nov
1993
First
For
May-Nov
Jersey Central
—
division
&
103%
Co—
Western
trust
Power
102%
II
*101
April-Oct
1963
Western RR
Lackawanna
mortgage
Collateral
Delaware
4s
*105
June-Dec
Dayton Union Ry 3y4s ^eries B 1965
Deere
*102% 103%
Jan-July
1978
A
City
2%s
Southern
Ry
'
„
1st
3s
*103
103%
*105
103%
—
April-Oct
100 A
104%
105%
44
105
2
103% 105 y8
2
102% 103%
102% 102%
—
100 A
103%
104% 105
105
June-Dec
April-Oct
Jan-July
*
103%
—
1950—ApriZ-Oct
1975
mortgage 3%s series B 1968
Kansas City Terminal Ry 2%s 1974
Kentucky Central 1st mtge 4s 1987
__
—
June-Dec
June-Dec
1978
First mortgage 4s series A
First
K
April-Oct
*114%
—
—
—
24
(1280)
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
Monday, March 27, 1950
NEW YORK BOND RECORD
-
Interest
Period
•
'
Last
Stamped
,
Indiana
Terminal
1961
4%s
19dl_Ja»-JuIy
Jan-July
.
Plain
1961
4%s
unguaranteed
Bid k Asked
lAKreuger k Toll
certificates
5s
Low
•
Aprll-Ocf
105
New
97
181%
181%
1 %
1963—Mar-Sept
mtge sink fund 3%s series A
Lake Shore & Mich South gold 3%s
3Vis
registered
Nitrate
94 Vi
89%
90
June-Dec
92%
k
ret
&
ref
5s
stamped
&i
ref
5s
stamped
1970_Aprtt-Ocf
Valley
First
1954
A
Series
B
4 Vis
Series
C
5s
Series
D
4s
E
Lombard
Harlem
94
06
♦83
85
77%
1
interest
70
72%
72%
73%
15
72%
75%
A
refund
mtge 3%a
First and refund mtge 27/8s
refund
Div
Knox
&
gold
Cincinnati
Louisville Gas
&
Elec
53%
10
53%
61
in
63
65
37%
37%
38
42
41%
42
77
45
45
45 Vi
18
122
k
Y
F 2003
75%
77%
9
♦120
11
(R
Hi
&
Co
Centra]
First
2%s
RR
dprfl-Oct
ser
G 2003
H 2003
1980
April-Oct
Mar-Sept
1955
May-Nov
95%
mtge 2%s 1978—May-Nd*
series
4s
con
A
86
101%
86%
B
June-Dec
1954_June-Deo
Manati
Sugar 4s sinking fund Feb 1 1957
Manlia
RR
(Southern
Lines]
4s
II
102%
May
109
3%s
debentures
109
First
&
1988
Y
gold
3'is
1951
88%
104%
109
series O
197fl__Jan-July
Michigan Cons Gas first mtge 3 Vis 1969
First mortgage 2%s 1969
First mortgage 3%s 1969
37/«s sinking fund debentures
I5 £ Midland
Minnesota
Minn
St
of
N
J
&
Sauite
ext
St
series
Jan
A
Prior
lien
40-year
Prior
5s
4s
series
lien
ACum
series
4 Vis
B
adjustment
IMissouri
AFirst
Pacific
and
AGenera]
and
and
and
1971—May
1991—lfaj
June-Dee
Jan-Jnly
Jen-July
1978
series
A
Jan
Northern
A
19074yrtt-Oet
1965—Feb-Auy
5Vis
General and
series I
mortgage
Construction
Mountain
3Vis
mt?e
States
Tel
debentures
5s
4 Vis
&
100%
3Vis 2000-June-Dec
series
Tel
A
1955-May-Nov
1955—MSay-Hoy
B
2%s
1986
May-No?
1978
1977
First
National
104%
—
107%
107%
gold
1943
5s
3s
St
—.
1
102
101%
83%
87%
108%
1
—
1
70
•tit
104
109%
101
„
—
lien
4-
3s
3s
k
guaranteed
"vi
105%
55%
103
'
>
^
debentures
1961
1974
Jersey Bell Telephone
Junction
New
Jersey
New
Orleans
RR
gtd
Power
&
Great
Map-How
Ohio
Edison
first
4s
Light
Nor
5s
1986
100 %
62
First
First and
and
,75
and
First
and
101%
97
74
77%
85%
72%
93
82%
93%
102%
658
102
63 %
303
99% 101%
92%
102%
94
102%
78
75
42 %
1.047
33%
43%
102%
46
93%
103%
101
154
62%
4
1
92%
56
102%
3s
A
1974
1983
New
itrfl-Oef
A
Certificates of deposit
AFirst 5s series C 1956
Lake Champlaln
1948-!
first mortgage
of
103%
102
and
First
and
Pacific Tel
3s
3s
3s
3s
York
Central
Consolidated
4s
RR
A
1998
N Y Central
,
&
Hudson River RR—
General mortgage 3Vis
1997
3Vis registered
1997
Lake Shore collateral
gold 3Vis
*
3 Vis registered 1998
♦
For
footnotes
see
page
25.
Jan-Jute
Jan-July
1998—Feb-Auy
Feb-Auy
63%
*60
107
33
112
25
105%
107%
84
63%
61
66
29
84%
89%
4
65
108%
92%
97%
—
70'%
85'%
86'%
94
94
94
94'%
4
92%
97%
103% 104'%
46
103%
105%
102
103
*102%
„
102% 102%
*104'%
102
102
*99%
15
102'%
103%
102
102%
__
102
8
—
—
106% 106%
12'%
105
~
10
12%
--
105%
10
105
12
3
107%
13%
104%
105%
101%
102%
3
101 Va
102'/a
29
101% 101%
April-Oct
104%
series J
104
*105%
June-Dec
M
1979
104%
103%
104%
105%
107%
105%
106%
3s series
N
1977—June-Dec
June-Dec
*106'%
Ss series S 1983
& Tel 2%s debentures
June-Dec
1985
June-Dec
2%s
debentures
1986
April-Ocf
3 %s
debentures
1987
3 Vis
debentures
1978-
3%s
debentures
1983
Mar-Sept
Mar -Sept
June-Dec
—
1
105%
.
106%
107
105% 106
15
105%
105
105 %
17
105%
106%
■
106 "a
105% 105%
105%
106%
15
101%
102'/a
103'/a 103%
103%
3
101% 101%
13
105
■
105
103 Va
104%
106%
104%
105%
11
100%
102% 102%
9
105
105
2
107
__
105
5
100 % 100%
100'/a
1
104% 104%
—
__
April-Ocf
Pacific Western Oil'3%s debentures 1864
Paducah k 111 1st sink fund gold 4%s
-
a
105%
2%s series P 1981—June-Dec
2%s series Q 1980—June-Det
3%s series R 1982
June Dec
'
—
105% 105 V
June-Dec
107
7
*104% 105'%
__
*101'%
—
♦
1955_Jan-July
104 %
—
——
-4-
100%
102% 103 %
105
105%
107
107%
105%
106%
101'/8
101%
—
Pennsylvania-Central
Airlines—
A3%s convertible lnc debs Sept
76%
77
28
72
78
Pennsylvania
Glass 8and
98%
99%
9
99%
Pennsylvania
Power
105% 105 %
1
105%
1960
1
April-Oct
75 %
76 %
Guaranteed 4s serlea E trust ctfs 1952
First mortgage
k
3%s
May-Nov
1960
11
♦102% 103
June-Dec
*„
103
68%
77%
102%
Pennsylvania Co—
76%
98%
1970
series
58%
105
1966—June-Dec
June-Dec
81%
104%
103%
103%
Aprll-Ocf
♦104% 104%
104%
105%
April-Ocf
105 %
103 A
104
Feb-Auy
113% 113%
113%
115
99
100 %
104
54
104
109
Light Co—
3s 1975
sinking fund debentures 1965
Pennsylvania RR—
'
„
Consolidated
96
5
2
105% 105%
1C4 % 104%
♦1007/8 101%
93
96
10
,
8
102%
103%
105%
♦105% 105%
104%
sinking
106%
105%
106
•
103%
104%
101
<
101%
fund
4%s series A
General
96
102% 102%
118%
118'/a 118%
106
*75
*106
101 %
3
106
5
103%
119%
105
106
„
104%
105
107%
107%
—
■
107%
5s
General
4'As
General
series
B
4%s
Peoria
&
1965
June-Dec
104
102% 104
June-Dec
108%
108
April-Oct
98%
98%
99%
38
93%
99
99
99%
52
94
101% 101%
67
1981
103'% 104
AIncome
4s
100
1st
4s
external
100
First
and
and
101
104
104%
8
—
—
24
—■
April-Oct
April
Baltimore
series
B
k
1980
Wash
Mar-Sept
RR
100
103%
99%
99%
101
97%
100'/a
of
104 %
104%
10 %
9%
Consolidated
guaranteed
4s
ser
G
101%
Consolidated guaranteed
Consolidated guaranteed
4s
ser
ser
Consolidated guaranteed
4%s
ser J
79
F
1953
Pittsburgh
Cine Chicago k St Louis
mortgage 8s series A
Feb-Aug
1963_Feb-Auy
1964_May-Nov
Pittsb Coke & Chem
78.
57%
61
Pittsburgh Consolidation Coal—
3%s debentures 1965
"53%
56%
1st mtge
10%
41
103%
104
104
8
10%
9%
1
8
9 %
103 %
20
103
103%
99
99
99
♦102% 108
*106%
♦103%
113%
—
•
♦112V4
106%
106%
111%
113%
__
113 % 113%
—
111
'
RR—
mortgage 5s series B 1975
General mortgage 3%s series E 1975
83
74
June-Dec
1957—Mow-No?
I
3%s 1964
Pittsburgh Steel 1st mortgage 4%» 1958
M*-TW
—April-Oct
108
107%
Apru-Oci
May-Nov
108
106% 107%
♦86
100
Jan -July
Apm-o*
103%
102%
9%
99
H 1960
4%s
ser
8%
103%
103 Va
Feb-Aug
100 Va
4s
General
—
103 %
♦104
guaranteed
71%
—
106 %
1
Feb-Aug
1937—Jan-July
Consolidated
67%
*54%
118%
110%
104 V8
Pittsburgh Bessemer k Lake Erie 2%a 1990-June-Dec
Pittsburgh Cincinnati Chic Sc St Louis Ry—
General
41
110
107%
>103
104%
62
59%
1
60
June-Dec
deposit
Phillips Petroleum 2%a debentures 1964
65%
59
118 %
103%
61%
48
118 %
104 VB 104%
>103%
102%
4s
17%
104 %
14
58%
78
Jan-July
17
129
81%
Feb-Aug
Jan-July
102% 103
ACertificates
61
103%
102%
122
80 %
14%
May-Nov
59%
*76%
57%
102
refunding 2%s 1974
First and refunding 2%s 1981
First and refunding 2%s 1978
ISAPhilippine Ry 1st sink fund
64'%
81%
4
103% 103 %
103 Va 103%
59%
66
1
10
101%
86
103%
63%
70%
14%
99%
99%
81
May-Non
59 Vi
70%
58 %
14%
102 Va 102%
4
100%
June-Dec
63 Vi
70%
%
86
58 '%
14
102%
85
refunding 2%s 1971
refunding 2%s 1967
101 %
—.
109
Co—
1974
and
103%
6
85%
April 1990
5s
First
33
5
101 %
Jan-June
geld 4%s series C 1977
Philadelphia Co collateral trust 4%s 1961
Philadelphia Electric Co—
101%
104%
100 %
103
General
April-Oct
1985
General
106
103%
101
*__
103%
Philadelphia
100%
2
102% 103%
Jan-July
1960
mortgage 3%s series F
Eastern
1
1968—
series D
Convertible debentures 3%s 19*2
General
First
5
1960
mortgage 4%s series E 1984
106
101% 101'/a
104% 104 '/a
103%
118%
—
—
-Feb-Auy
Refunding and impt 4Vis series A
2013-Aprll-Ocf
Refunding and impt 5s series C 2013
Aprll-Ocf
117
June-Dec
1974
75%
.
:
93
133%
114
June-Dec
L
21
Co—
series
88
128%
'
—
113
109% 109%
106'% 106%
Feb-Aug
1975
series
80%
—
New
107%
107
—
*101% 102%
1971
79%
Feb-Auy
April-Oct
1
9
—
-April-Oct
K
80%
AFirst
—
92
12.9
*110
-Jan-July
.Mar-Sept
series
54 %
99%
~
107%
106 %
4
106%
Ry—
3Vis series I
77
deposit
4Vis series D 1956
ACertificates of deposit
AFirst 5Vis series A
1954
ACertificates of deposit
92
129
*110 %
April-Oct
3s 1974
1975
& Electric 2%s
58%
Peb-JLu*
___
ACertificates
92
May-Nov
57%
*104%
Orleans & Northeastern RR—
Refunding and impt 4Vis series A
1952—Jan-Juiy
New Orleans Term
first gtd 4s 1953—
Jan-Juty
INew Orleans Texas &
Mexico Ry—
AFirst 5s series B 1954
107
103%
107
106
62'/«
103%
101%
_
99%
102%
2
——
Mar-Sepf
1979
refunding
refunding
refunding
refunding
refunding
refunding
refunding
refunding
refunding
refunding
and
First
103% 103%
58
~7
80
Gas k Electric Co—
First
62
#
17
74
P
Pacific
81%
100
51%
13%
—
Telephone—
63
82 Va
*107%
Feb-Auy
liar-Sept
Jan-July
107
Feb-Auy
106%
103%
74
39%
42%
—
106%
Jan-July
Oregon-Washington RR 3s series' A I960-
84%
101
&
Gas
36
101
106%
85
51%
102'/a 102%
April-Oct
First mortgage 3 Vis 1978
First mortgage 3s 1979
First and
200
41
101
105%
107'% 107%
Feb-Aug
1975
1978
First mortgage 2%s
54%
81
101%
%
101
4
O
93
Jan-July
1988
102%
Quar-Feb
8 a First guaranteed 4s
59
Mar-Sept
3Vis
25
Co—
3s
Bell
tOgdensburg
85
71%
Power
3%s debentures
82%
100
2047
first mortgage 2%s 1974
Northwestern
88
77%
Aprll-Ocf
New
N
J
B
50
Q
1
First mortgage 2%s 1979
(Wisconsin) first mortgage 2%s 1977
First mortgage 3s 1979
49%
81
100%
ser
Pere Marquette Ry 3%s series D
series
51
1974—Mar-Sepf
A 1974—Mar-Sepf
1997
3s Jan
mortgage
General
1982
101
3%
63
/
f.f>-
4Vis
debentures
101
57
105% 105%
Ouar-Jan
First mortgage 2%s
84%
19
1970
England T»1
101
65
9%
103
101 «/4
" '
Louis
June-Dec
Distillers Products 3%s debs
1974—April-Oct
National Steel Corp first
mtge 3s 1965
April-Oct
National Supply 2%s
debentures 1967
June-Dec
Naugatuck RR fir-1 gold 4s 1954
May-No?
First
*60Va
.Jan-July
1997—
States
5
53%
24
Nat'l
New
102'%
3s registered 2047
Quar-Aug
Refunding and improve 4Vis ser A 2047—Jan-July
Refunding and improve 5s series C 2047—Jan-July
Refunding and improve 5s series D 2047—Jan-July
Collateral trust 4 Vis 1975
Mar-Sepf
44
88
53
81%
mortgage 3s series B 1986-.
Feb-Aug
Dairy Products 2%s debs
1970—'June-Dec
debentures
7
general & ref 5s
registered
Oklahoma
—
87%
82
April-Oct
k
2%
Mar-Sepf
refunding 4 Vis
4s
—
„
N
Chattanooga
7
119
102% 102%
Jan-July
3s
Nashville
236
Jan-July
101%
103%
81%
101%
April-Oct
1981
series
103
7%
2%
__
81
72%
Feb-Aug
Mohawk & Malone first
gtd 4s 1991
Mar-Sepf
Monongahela Ry "3Vis series B 1966
Feb-Auy
Morrell (JohnI & Co. 3s
debentures 1958—May-Hoy
Morris k E^sex first
guaranteed
101%
7
2%
72
81%
100%
1980
4
102% 103
7
92'/2
81%
1978—May-Nov
1949—May-Hoy
A
H
ser
51
Pacific Ry—
lien
92 %
Mar-flept
1977
G
series
gold 5s
refund'ng 5s
Construction
85
Mor-Bept
F
70%
44%
Ry Co—
Central
First and
series
first
Southern
First
1975
gold
96%
88%
100%
88
53 Vi
Co—
refund
AFirst and
*03%
♦103
Jan-July
refunding 5s series
relunding 5s series
§ A Convertible
AFirst
D
refunding 5s
4s
AFirst
AFirst
88%
54 %
105% 105%
April-Get
1962
5s
RR
4
13
72
*101%
*102%
102%
76
♦108% 109%
Mar-Sept
1962
series
87%
Mar-Sept
RR—
A
2%s
Corp first 3Vis 1963
First and
mortgage 4s lnc ser A Jan
Kansas & Texas first 4s 1990
Missouri-Kansas-Texas
92%
*99%
1967—Aprll-Ocf
General
Missouri
96%
♦102 '/a
87%
lfar-8ept
1940
64%
749
Light 1st mtge 2%«
(Minnesota)
70
Marie—
Firsts mortgage 4 Vis inc
a
5s
95%
♦107% 108
1967—Jan-J*Zf
first
Mining & Mfg 2%s
Paul
351
51
2%
AGeneral mtge 5s convertible inc 2014—Aprll-Ocf
& Western Ry first gold 4s 1996—Aprll-Ocf
103%
102%
15
♦104% 105%
Mar-Sepf
—Map-Hoy
1952
Refunding and impt 4%s
70%
49%
1992—Mar-Sept
Telephone 2%s series D 1982.
48
102%
72%
♦102%
Aprfl-Oof
Sag 3Vis
69
85
61
J 07%
70
♦100
Central—
Lans
69%
50%
*75
Northern
102% 102%
68%
Dept Stores 2%s debentures 1972
Jan-July
Corp first mortgage 3s 1966—
—June-Dee
Metropolitan Edison first mtge 27/8s 1974
May-Nov
Michigan Bell Telephone Co—
Jack
80%
80%
.May- Nov
Prior
100%
♦91%
95%
Mead
Michigan
74%
77%
*80
15'%
Northern
QK
♦102% 103
72
May-No?
May-Hoy
1959
95%
73
28
102%
100%
^,
94
9
*13'%
105%
83
101% 102
#
1972—Kay-Now
1960
series
_
1
74
*17%
104%
95%
100%
95%
fan-July
132%
105%
101%
100%
74
June-Dec
45
104%
95%
95%
100%
95'%
May-No?
June
4»
1955
Electric k Gas
General
104% 104%
95%
April-Oct
ser
debentures
4Vis
mortgage &
1954
4s
West ret
«
9
103%
100
Chester—
42%
M
Macy
Port
40
61
94
RR—
36%
♦104% 105%
98%
"
_Feb-Aug
-Feb-Aug
102%
104% 104%
102%
U
—'
„
refunding 6s 1937.
12? %
♦103
5
—
95%
*94
Jan-Juty
May-No?
—May-No?
Hartford
Norfolk
77%
59%
55 %
100% 100%
-Jan-July
1973
A
Niagara Falls Power 3 Vis 1966
74%
56
52%
Susquehanna Ac Western RR—
First
Maine
*100%
Norfolk
77
High
4
100
95 Va
Refunding mortgage 3%s series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
TJ.
Low
12
*
102% 102%
*99
teb-Aug
JAap-No?
2000
series
102 Vi
Apru~Oct
Aprti-Oct
1951
38%
33%
.Jan .1
.
No.
16
SASecond gold 4%s 1937—
$AGeneral gold 5s 1940N
57
60%
64 %
Feb-Aug
Aprll-Ocf
Div 4s
1st
8
60
64
1951
3s
55%
60
64
June-Dec
ser
mtge 3%s
second
55%
May-Nov
May-Hoy
1952
(Pi
Co debentures 5s
debentures 1963
Louisville & Nashville RR—
Louis
IN
Ranre Sine*
'
Sold
55
S A Terminal
contingent interest
series
&
Steam
6uvs
67
May-No?
2003
3s
First and
Y
7o>»
12
57%
55
1976—Mar-Sept
Putnam 1st consol gtd 4s 1993
Aprll-Ocf
State
bonds-^-
interest 2003
7s
Power
Y
68%
contingent interest 2003
4 Vis
Y
k
mortgage
NY
67%
4s
3 Vis
4s
k
uniano
*
N
68 Vi
1986
1973
B
River
85%
82%
77 Vi
Jan-July
1974
mortgage
fixed
Electric
First and
IAN
N
Bonds
'»
High
57
refunding mtge 4s ser A 2007—Jan-July
mtge conv lnc 4Vis serlea A 2022—May
ana
5 A First
to
Lorillard
Atl
First
Feb-Aug
1984
May
2003—May
Series F 5s contingent Interest 2003
May
Lehigh Valley Terminal Ry—
First mortgage 5s extended to
1979
Aprll-Ocf
Lexington & Eastern Rv first 5s 1965
Feb-Aug
Liggett k Myers Tobacco 5s 1951
Feb-Aug
Little Miami general 4s series A
1962—May-Nov
Series
St
90
101
gold
gold
Haven
N
to
interest 2003
fixed
series
94
100%
3s series F
West
&
New
90%
♦100% 101 Va
.Fcb-Aug
4%s extended
fixed
4s
Vis
Y
97 Vi
♦96
Feb-Aug
Fefc-Ang
extended
consolidated
Series
4
92%
Lehigh Valley RR—
General
Lack
Y
N
Railway—
mortgage
lirst
Harlem
84
Valley Harbor Term Ry—
5s
Dock
k
AGeneral 4s
1974.
Lehigh
94%
mortgage
First
A
ser
1984
1st
stamped
mortgage
89%
3
Rang*
Friday's
(cont)
Connecting RR 2%s series B 1975
Atieneral
1st
A
20
Hudson River
k
Moitgage 4s series A 2043.
Mortgage 4s series B 2043
120%
;
June-Dec
1st
First
114
Ltd—
Sinking fund mortgage 3%s
Lehigh Valley Coal Co—
Lehigh
21
91%
mortgage income reg 1975
Coal & Navigation Co-
5s
119% 120
1997-June-Dec
£ First
Lehigh
120
l96«_Jaa«-Dec
1997
Co
Y
N
First
Lautaro
Y
NY
L
4%s conv debs
Lakeiront Dock & ER Terminal—
•r
Bid At Asked
York
Firot
N
N
%
Centra]
Chicago & St Louis—
Refunding mortgage 3%s series E 1980—June-Dee
105 %
% ' "
York
New
100
104
105
,,
%
Week's
Last
Sale Price
Michigan Cent collateral gold 3%s 199to—Feb-Auy
3 Vis registered 1998
Feb-Aug
100%
108
100
Period
Low
27
100%
—
Interest
New York Stock Bxekangs
High
27
•
♦181 % 185
1959—JBer-Sepfc
Laclede Gas Light
U
BONDS
Jan. I
No.
High
100
April-Oct
MARCH
Range Since
Sold.
♦30
♦101
J an.-July
Jan-July
1961
Kings County Elec Lt & Power 6s 1997
Koppers Co first mortgage 3s 1964
ENDED
Friday
Bonds
Friday's
•r
Sale Price
low
Kentucky k
WEEK
Week's Bang*
Friday
BONDS
New York Stock Exehaar*
FOR
RANGE
88
103
103%
107%
83
86%
100%
100
101 %
102%
103
101'/a 101%
101
102%
100
*103
ioi %
112%
103 %
"VV
Volume 171
Number 4893
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
A*
(1281)
-
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
New York Stock Exchange
Period
Last
.
First
general 5s
High
93%
6
series
B
1959
ApriZ-Oct
93%
93 Va
2
94%
is.
C
1960
April-Oct
1962
B
93%
income
mortgage 8%s
First mortgage 3s
I960
3s
1977
Feb-Aug
Service
1983
Electric
Jan-July
&
First
First
2%$
Oats
(R J)
debentures
1964
Tobacco 3s debs
Gas
General
&
Electric
104
103 %
.
General
mortgage
mortgage
3%s series H
3V2S series I
General
mortgage
4s
4%s
RR
series
D
105
105,
Lawrence
stamped
gold
St
Louis
St
Louis-San
1969
1st
6s
1st
P
mortgage 4s
105'/a
5s
stamped
and
ref
St
Paul
&
St
Paul
Union
Duluth first
First
Air
Line
B
151%
3s
.»
225
Union
Oil
Union
Pacific
106 %
Union
106%
105%
105%
5
101%
93
Union
Oil
4Vis
2%s
t§ASilesian-Amer
92%
&
North
Southern
3s
Bell
104%
coll
RR
debentures
2%s
debentures
2%s
"i
'
8%
4%s
Gold
—
7%
8%
8 Va
—
2
10%
104'/2
103%
69
3s
convertible
Southern
First
72
99%
Pacific
51
91
RR
consol
Ry
5
118 %
103%
101% 103 %
30
99 Va
106%
105% 105%
26
105%
106
10^34
1 OA
127 '
127%
100
120
„
120
5s
mtge
4s
mtge
income 4'As
First
Walker
(Hiram)
Walworth
*103
II
—
127
127
__
100% 100%
—
—
T
80%
June-Dec
80%
1971
*99
—
Ward
U,
7s
98%
103
June-Dec
1963
98%
April-Ocf
99%
99%
West
Penn
60
West
Penn
Power
10
*123%
—
102%
Q8%
99%
'
---
124
124
Gen
_Jan-July
—Feb-Aug
Jan-July
.
1994
A
—
♦
2
107
Western
Pacific
101% 101%
4
101 %
102
Western
12
-
105
105
15
102'/a
103%
10®
105
49
114'A
130'A
103
103%
106'A
126'A 130'A
105
*99
103'A
90
90 'A
88'A
100% 100'A
*104'A
20
91V4
101
99
103%
—
100'/a
104
105
4
78
97
Afay-Nov
wi
96%
94%
Apr-Oct
1960
79
100 V« 109%
106
101%
94%
95%
99%
89
95
series
E
1986
94
2%s
102%
103
103 V*
93
95%
Wilson
97
104'A
gold
4s
1951
23/4s
Tel
debs
94%
104%
gold
of California
Standard
Oil
(N J)
4Vis
2%s debs
debentures 2%s
2%s debentures
debentures
1972
§ASu
109
A
102
102
103%
50 %
104
106%
50%
104
97%
POVa
1
97%
103
97%
104
39
1 CJ%
101% 101%
"2
•lOjia 104Va
—
First
106%
106
106 '/e
104%
105
107%
1Q6Va 10G%
31
57
59
59%
4^
55%
59%
35
101%
104'A
105'A 105%
103%
G4%
103% 103%
.
106
63%
63%
1
7
3 04'A
105%
101 % 101%
May
1
100
100,V.
100'/e
100
27
V
13
JLOO'/o 100'A
89
Mar-Sept
Jan-July
1973
4s
3s
1958
1960
.
87 %
123
89%
term
first
*101 % 101%
—
111%
101%
102%
300
100%
/ 99%
100%
85
91'A
102%
268
106%
111%
8
101%
103%
102% 103
*—
••
"
101%
102% 102%
Jan-July
April-Oct
77%
78%
77%
103
114%
115%
iZi
■
74
78%
l
46
76
77 %
47
41
46'/a
77%
45%
Jan-July
1936—May-Nov
103'
102%
3
315% 115%
—
78
102
2
11
<
102% 103
Jan-July
4s
301%
110% 111%
102%
June-Dec
Mar-Sept
Jan-July
deposit
deposit
2s/sS
1976
1979
3'As
1971
Power
27/bS
Public
64%
Service
June-Dec
100
"4
300
100%
107%
107%
99%
100
100%
Mar-Sept
*103%
Jan-July
—
98%
103
104%
Electric
Light & Power 2%s 1976.Jan-July
*—
100%
101%
104
Yonkers
1033/4
101 %
a
Deferred
in
the
included
not
delivery sale not included in the year's range.
d-Ex-interest.
e Odd-lot sale not
year's range,
n Under-the-rule sale not Included in the year's range,
r Cash sale
in
the
year's
range,
y
Ex-coupon.
•
§Negotiability impaired by maturity.
reported as being in bankruptcy, receivership,
Bankruptcy Act, or securities assumed by such companies.
of St Louis—
1965
105%
-
June-Dec
first
and
Electric
mortgage
Wisconsin
T
Texas Corp 3s debentures
106'A 106'A
103
Corp—
Ry—
1949
of
52%
301
102%
*105'A 106
Mav-No®
1950
4s
of
div
Certificates
Included
impt M 4s series C 2019
impt 2%s series D 1985
2014—
50 Va
101
*105% 103'/a
Apr-Oct
Jan
A
52%
*101
52%
97%
s
Jan-July
1973
52 V2
106'A
105
1966—fJan-Juiy
_
91
102%
107
40
3
104
102%
90
;o4%
*102,?«
1966
4'As
mortgage
general
& Du
Wisconsin
108
101%
2
102 %
•107
—
2013———April
1966—Feb-Aug
105%
8
102
May-No®
Corp
Swift & Co
first
A Certificates
96
105'/a
11
Co
§ A First
106
101% 101 %
—
—Jan-July
Sunray Oil
92%
&
103
7
♦108
__
1971—May-Nov
1974
83
102
—
■
May-Nov
first
Oil
95%
105
106% 107%
.—
Jan-July
1985—April-Oct
1983
Standard
94 Vs
104
79%
101%
Co—
debentures
convertible
{Wisconsin Central
87%
income
estate
Winston-Salem S B
67
I
Wheeling & Lake Erie RR 23As A 1992
Wheeling Steel 3'As series C 1970
First mortgage 3'As series D 1967
90%
89
81
73
99%
90
103
52 'A'
May-Nov
1971
96%
88 '/a
21
'
Mar-Sept
120%
89
1994
94 %
73%
78'A
90
90
April-Oct
1970—Feb-Aug
A
1951
5s
95
5s
94
81
78
99% 100'A
*102'A
1976—May-Nov
1970
1960
5s
debentures
2.65s
92%
101%
—
real
gold
25-year
30-year
77
103 %
4'As
and
Westinghouse Electric
103%
98%
369
101'/« 102
*100
Funding
83
47
97%
*20%
78'A
,April
April
1974
Union Telegraph
2
78%
--
Afar-Sept
1991
mtge 4'As-4s series A 1969
114
and
91%
*104
1966—May-No®
3'As
series
series
104% 104'/a
101 %
Jan-July
1977
3'As
,106% 106%
—
1
and
99%
90
*105
130
gold 3'As 2000.—Feb-Aug
25/bS
3'As
24
Refund
98'A
91%
102% 103
Jan-July
West Shore first 4s guaranteed 2361
Jan-July
4s registered 2361
Jan-July
Western Maryland first mortgage 4s 1952_April-Oct
103%
25
99 %
23As debs
gtd
Electric
59
32
103
98%
—
ref
Terminal
96
Refund
99%
*103% 107'A
Ltg 5s stamped gtd 1950
June- Dec
General mortgage 3'As 1967-1
Jan-July
General mortgage 3s guaranteed
1979—May-Nov
115
Assn
98'A
*109'A
Westchester
98%
53
103
f'rst
Washington
82'/a
98%
99
*50%
1941_Feb-Aug
Jan-July
RR
101%
96
RR
96%
91%
91%
April
1981—
1971
(subordinated)
114
Terminal
97'A
103%
98'A
*98'A
Mar-Sept
May-Nov
Jan
B
debentures
conv
debentures
90
debentures
96
102%
58'A
1955—Feb-Aug
series B Jan
series
W
&
115
2Vis
105
96'A
103'A
Baking Co—
5'/2S
__
98%
Co
G
75%
69
99 %
•102%
April-Oct
1
I •/.
Co—
27/Bs
103%
96'A
1
3'As
Jan-July
debentures
104% 104'A
*103
April-Oct
income series A
mortgage
Jan-July
Devel and general 4s series A
1956—-April-Oct
Devel and general 6s series A 1956
April-Oct
Devel and general 6%s series A
1956—ApriZ-Oct
Memphis Div first gold 5s 1996
—-Jan-Jufy
2%s
105
„
Co—
1958
Gen
1996
Internat
110'A
103'A
103%
104 '/8
1995
May-Nov
mtge 3%s ser C 1973.April-Ocf
120
1961
debentures
109
303
—
102 %
May-Nov
series A
4s
103 %
F
3 Vis
109
Wabash RR Co—
G
ASpokane
101%
*102'A 102'A
3s series B
series
first
95%
104'A
April-Oct
Power
consolidated
series
Bell
32%
92
W
66'/a
June-Dec
5s
first consol gold
Div
109
*103'/a
refund
mortgage
Louis
1976
debentures 1959
gtd
&
mortgage 23/4s
St
65
21%
301%
—
*104'A
June-Dec
sinking fund series B 1957
First
Southwestern
1970
94%
62%
May-Nov
2%s
debs
1967
Jan-July
Jan-July
Ry
109
May-Nov
Feb-Aug
debentures
First
Southern
52
72
176
mtge 3%s ser A 1975_June-Dec
RR
103%
103%
--
64 %
T
debentures
mortgage 2%s
May-Nov
1975—April-Oct
1976
First lien and ref
92%
—
1st
695
RR—
Electric
Virginian
71
63%
1981
San Fran Term
23/4s
1971
First and refund mtge 27/8S ser G 1979—June-Dec
Virginia & Southwest first gtd 5s 2003
Jan-July
104%
65
91%
1966
gtd
Ry 23/4s
1969
4%s
*101 'A
mtge 2%s ser E 1975—Afar-Sept
First and refund mtge 3s series F 1978—Afar-Sept
3VbS convertible debentures 1963
ApriZ-Oct
107%
63 Va
Jan-July
2016_Jan-July
Jan
trust
(Oregon Lines)
4 %s
Gold
California
23/eS
First and
"
1
9
106%
Pacific Co—
First
1968
debentures
Consol
92
1985
Southern
3%s
—
1968-June-Dec
1996
A
1987—
Indiana
Rubber
S
Vandalla
—
May
1979
2%s
Missouri
Gen
debentures
Southern
101
131%
103%, 106
105%
Telephone & Telegraph Co—
debentures
of
of
debentures
Warren
A
series
Corp
Ala
debentures
—
*93%
99
128'/a
95%
11-
May-No®
1989_Jan-July
Jan-July
Skelly OH 2%s debentures 1965
Socony-Vacuum Oil 2%s 1976
South
Electric Co
2%s
102%
22
Co—
(Jos E.) <fe Sons 2%s
debentures 1974
3s
1
151%
3
*73%
1971
April-Ocf
gtd 4s 1989-May-No®
Seagram
Shell
95%
First
1990
gold 4s
cons
series
4s
mtge
95%
222
*66%
101'A
U
225
•104
*
•
Jan-July
1989
3Vas
RR
mortgage
^General
1,323
23/4s
8%
2
65
32%
First mortgage and coll trust
106% 106%
1955_Jan-JuIy
certificates Nov
Scioto V & North Eastern first
Seaboard
103'A 103'A
57'A
109%
*7%
Jan-July
April-Oct
1997
gold 5s series A
Depot
June-Dec
26
Virginia
—
2
11
64'A
105%
•106%
13
131
105 yB
27 %
109
Ry—
bond certificates
4s
General
1996
4%s series A Jan 2022
Second 4s lnc bond
1974
104
105% 105%
—
High
100'A
.
•124
__
99%
131
105
'
*
Jan-July
U
Mar-Sept
6s
99'A
3
Ry Co—
series A
mtge Inc
Louis-Southwestern
First
gold
99%
105
1960-^
1
102% 102%
Jan-July
Jan-July
1941
1996
Francisco
3%s
5
92%
Jan. 1
Low
Pacific—
Orleans
New
Ry first refunding 4s 1960
Universal Pictures 3%s
Mar-Sept
1949
stamped
Rocky Mt &
ASecond
St
Adlr
&
of
1990_ApriZ-Oct
C
2000——June-Dec
ser E
l985_Jan-July
5s
37/es
M
104%
•105% 106%
93
No.
101'A 101'A
Refunding mortgage 2%s series C 1991_Mar-Sept
United Biscuit Co of America 23/4s 1966^—ApriZ-Oct
April-Ocf
Saguenay Power 3s series A 1971
Second
gold
AAdjustment income 5s Jan
-
•105% 105%
102%
Rang* Sine*
Sold
—
151% 151%
—
Bonds
High
April-Oct
Tol & Ohio Cent ref and impt 3%s I960—June-Dec
Tri-Continental Corp 2%s debs 1961
Mar-Sept
100%
105
S
St
RR
Ave
series
3%s
first
refund
109
•221
——
1977__Mar-Sepf
1967—Mar-Sept
1967—Mar-Sept
3%s Series J
{gARutland
M
and
104
—
Friday's
Bid & Asked
1970_April-Oct
309
—
—
Jan-July
1973
4%s
J A Rut-Canadian
refund
Pacific
Term
99%
Corp—
mortgage
General
and
series B
3^s
Co—
Reading Co first & ref 3 Vis series D 1995—May-Nov
Reynolds
M
&
{Third
R
Rochester
refund
Texas Pacific-Missouri
Q
Quaker
and
First
Texas
108,
104%
106
•100
Mar-Sept
Gas
First
96 %
w*
7
•*«.
•105
—
1963
May-No®
refunding mortgage 3%s l968_Jan-July
and refunding mortgage 5s 2037__Jan-July
and refunding mortgage 8s 2037
June-Dec
and refunding mortgage 3s
1972—May-Nov
and refunding mortgage 2%s l979_June-Dec
First
96%
May-Nov
and
First
96%
•* —
•107
debentures
First
93
108
104% 104%
or
Sale Price
Low
"I
r
"Week's Range
Last
Period
Texas & New Orleans RR—
93
—
♦100
Jan-Juiy
First mortgage 27/aS 1984
Providence Terminal 4s 1956
Public
'
June-Dec
3%a
mtge
Friday
Interest
BONDS
•
New York Stock Exchange
General
•111
1964__Jan-July
21
High
June-Dec
1977
debentures
1st
93%
Feb-Aug
general 5s series C 1974
First
Lou}
93%
general 4%s series D
Potomac Elec Power
No.
June-Dee
First
5 %s
Jan. 1
1958
series
MARCH
Range Since
Sold
A
First
Plttston Co
Bonds
series
mortgage 4%s series
First
ENDED
t
Friday's
Bid! & Asked
Low
Pittsburgh Youngstown & Ashtabula Ry—
WEEK
Week's Range
•r
£ ale Price
Pittsburgh & West Virginia Ry—
First mortgage 4tea
First mortgage 4%s
FOR
i
• ■»'
{Companies
Jan-July
*125% 126%
April-Ocf
May-Nov
103
126
"2
1' *
105
♦Friday's bid and asked prices;
105% 306 %
■
119%
104% 104%
■
23
105%
106%
ABonds
the
selling
no
or
reorganized
sales being transacted during current
77 of
under Section
week.
flat.
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
In the
following extensive list we furnish a complete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Mar. 18
and ending the current
Friday, Mar. 24. It is compiled from the reports of the Curb
Exchange itself, and is intended to include every security, whether stock
or bond, in which
any dealings have occurred during the current
year.
-
Friday
Exchange
Week's
Range
Shares
Par
ACF-Brill Motors warrants
Acme Aluminum
1
Acme Wire Co common
10
Aero
Hat Stores Inc
Air
Manufacturing
Associates Inc
1
common
(N J)
Alabama Great Southern
Alabama
Alles &
Power 4.20%
For
:
Low
New York Curb
Exchange
High
200
l'/a
Jan
1
% Mar
3%
3'/a
3%
700
3
Jan
4
Jan
Allied International Investing Corp
Allied Products (Mich) common
21
Jan
23%
Jan
Altes
100
•
page 29.
1
Brewing Co
4'/a
2
4%
200
4% Mar
5%
Jan
Altofer
2
2%
800
1%
2%
Jan
Aluminum
Jan
$3.75
10% xll%
2,000
10%
Feb
12
Jan
7%
9
7%
1.400
7%
Jan
8'/a
CO
9%
2,800
7%
Jan
9% Mar
225
99%
•P
80
100%
0
—-
100% 100%
4%
—
5%
—
15,900
—
Sales
Range
for Week
of Prices
Shares
4
—
Jan
Jan
Jan
87%
Feb
Feb
!
Bros
cumulative
common
preferred
Aluminum Goods Manufacturing
Aluminum Industries common—
Aluminium Ltd common
Amer Air
Filter
American
Bantam Car Co class A
American
Beverage
American
Book Co
—
conv
100
100%
18%
Feb
6 Va
500
5%
Jan
6%
Jan
6
Jan
58%
2.POO
51 %
Jan
58% Mar
100% 101%
450
96%
Jan
101% Mar
pfd
common
24%
100
50'/a
2 400
45%
14%
15
1,400
12
80
26
Jan
8%
Jan
Feb
50% Mar
15
13%
Jan
29,900
Jan
1
200
n
Mar
80
70
76 %
Feb
12
A
U
Jan
6 Va Mar
6%
49%
1
100
300
25
6%
50%
18
1
57
25
*
—•
•
Feb
5%
Jan
5'/a Mar
57%
Jan
4
Jan
16'/a
3%
18
6'/a
•
High
Low
3%
150
18
1
of America
Range Since January 1
300
3%
1
5
High
•
common
Co
5Va Mar
102
Low
Par
1%
50
preferred
1
see
High
—
Week's
Last
Sale Price
Friday
Range Since January 1
%
1
common
footnotes
24
1
5
3
Airlines Inc
Fisher
MARCH
STOCKS
•
•
Air-Way Electric Appliance
Alaska
Low
1
Supply Manufacturing
Agnew Surpass Shoe Stores—
Ainsworth
ENDED
1%
Alloys
Adam
WEEK
fer Week
of Prices
FOR
Sates
Last
Sale Price
STOCKS
New York Curb
RANGE
Mar
18 Mar
1%
81
Jan
Jan
25
THE
COMMERCIAL &
FOR WEEK
RANGE
EXCHANGE
CURB
YORK
NEW
Monday, March 27, 1950
FINANCIAL CHRONICLE
ENDED MARCH 21
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
Friday
Week'*
Last
Range
STOCKS
of Prices
Sale Price
New York Curb Exchange
Lou)
Par
Sales
for Week
Shares
STOCKS
1
Range Since January
Class
&
100
Rubber
Co
com
Metal
American
Meter Co—
American
Natural Gas Co 6%
American
Potash
Products
Chem class A
Amer
$1.20
American
Line
900
47
Jan
Jan
37
26%
Jan
31
400
28
Chamberlin Co
Charis
29%
1,600
26
Jan
31
Feb
32%
8,100
27%
Feb
33%
Jan
5%
1,100
3%
Jan
n
%
19,300
%
Jan
132%
550
116%
Jan
4%
131
1,100
4%
Jan
6%
300
6
Jan
5%
300
5% Mar
6%
6
4%
6%
5%
/8
6%
200
6%
5% Mar
Yt
Feb
Mar
133
4%
7%
Jan
Feb
12%
■3%
6/®
12%
3%
300
2%
Feb
7%
3,100
6%
Jan
111%
50
109%
Jan
3%
--
111/a
1,900
6%
111
11
10
--
Jan
Jan
11%
,2
3%
10%
12 !/e
19,000
10%
Jan
12%
10%
1,700
10%
Feb
11
Jan
12%
90
114%
Jan
10%
1,300
8%
Jan
21%•-•
22 %
1,900
x21%
Feb
22%
24%
1,400
11%
12%
3,600
Jan
25%
9%
Jan
£1
%
Feb
6%
4,800
100
% Mar
18
Jan
1
67%
Jan
5
Jan
6%
15% Mar
17%
7
6%
1,200
525
17
17
12%
11%
12%
1,500
5'%
Feb
6%
Feb
Jan
8%
Jan
Banco
1
Steel
55
56
37
37
37
11
10%
11%
74
6% Mar
9
Jan
16% Mar
22
<Tnn
350
1,300
>
Watch
Benson
&
Co
common
Bickford's
13%
Feb
10%
Feb
Jan
59%
35% Mar
38%
Jan
•
1
600
300
12%
i
Co
common
8%
Light St Power
6% Mar
Jan
British-American
Oil
17%
5%
Jan
5%
Jan
12%
Co
1% Mar
2%
33% Mar
35%
500
100
190
52
Jan
16
50
15
Jan
16%
19%
8%
Mar
13%
1,100
_4
Jan
7%
8,300
3%
Jan
4%
7%
Jan
9%
51
Jan
62%
70
80
Feb
23
30
5%
200
18%
19%
12,200
19
Jan
Power
class
A
1,800
Jan
5
5%
21
50
Jan
common
Jan
25%
Jan
class
B
21
Feb
33%
Jan
22%
500
22%
Jan
23%
Jan
Jan
8%
Jan
1%
100
8%
Jan
1 % Mar
2
Feb
24%
Corp Amer dep rets
Burry Biscuit Corp
11%
Jan
5%
Jan
Jan
Products
Feb
5%
6
18%
19%
6,000
14%
18%
900
17%
Jan
6
—
Power
Bread Co Ltd..
Canada Cement Co Ltd common
6%% preference
Canners
Convertible
Canadian
Ltd
preferred
Industrial
Class
A
Class
B
common..
1,700
11%
Jan
12%
1,000
14 % Mar
16 %
650
,9e
4,4
4%
23,500
4,400
Mar
7
7%
preferred
Jjf
Jan
%
Jan
3%
9Ve
Jan
Carnation
Co
3%
3% Mar
4%
Power
Carreras
400
9%
Jan
5,000
69 %
Jan
500
114% 114%
13%
14
Reynolds
St
Petroleum
116
Jan
108
12%
Jan
4%
Jan
I.000
81 %
3,100
3 Ve
2,900
1
100
18%
19%
17,500
30%
850
1% Mar
1%
Jan
5% Mar
~6Ve ~6%
9
9%,
9,800
4,700
Jan
Jan
3 Va Mar
1%
Jan
Jan
32
Jan
% Jan
11% Jan
V*
Feb
10
1,800
6%
Jan
600
16%
Jan
II,000
5%
Jan
975
34%
Jan
Jan
7%
Feb
17% Mar
Mar
9
47% Mar
;
dep receipts
3
reg)__£1
(ord
33%
6,200
1 Va
5,000
6
2%
1
Jan
Jan
3
32"%
Jan
1%
Jan
1,200
2%
Jan
3 Ve
Feb
1
5%
500
5%
Jan
7%
Jan
6%
3,100
5%
Feb
6%
Jan
11%
150
2%
*
partic
800
Feb
11
12
Mar
2% Mar
3%
Jan
2'A
2%
25c
•
—10
5
Drug Co common
Atlantic
Jan
30% Mar
5
(Md)___
preferred—
Jan
3%
Feb
54%
10
50'A
Jan
20%
20%
54%
20%
5,000
18%
Jan
58
Feb
21% Jan
Sugar common
Feb
12%
10
_—•
5% Mar
2.50
5
2.50
51J Mar
8
Jan
Jan
7%
Jan
35
8%
600
7%
Jan
9
100
7Va
Jan
9
% Mar
150% Mar
3%
3%
3%
22,900
5
18%
18%
19 Va
450
8%
8%
400
2%
17
Feb
x7Va
Jan
1ft Mar
2%
Jan
28%
170
600
1.300
76
2,140
63
24%
23%
Feb
8%
Jan
14% Mar
Jan
146
Jan
11%
Feb
1,100
1%
Jan
2%
Jan
1,500
22%
Jan
24% Mar
Jan
12
11
100
1,300
12%
3,000
Feb
17%
25
B
1,700
18
1%
Jan
12 Va Mar
14 Ve
Jan
3%
Jan
9%
9%
100
*
70%
70%
71%
325
10
28 %
26
28%
450
4 % Mar
Jan
38%
Jan
Jan
Jan
18%
Mar
24%
Feb
9% Mar
10 Ve
Feb
Jan
74
Feb
24 % Mar
29
Jan
85
95%
Feb
16%
23
9%
Harris Co
Feb
1%
37
•
69
"
*
Test
.
—
Jan
5%
100
1
*
4%
1
*
Potash Co
,
700
13%
13%
5,800
8,700
Feb
Feb
2%
Feb
Jan
12%
£l
Corp common
Feb
Jan
Jan
Jan
Mar
Jan
3%
13
2% Mar
3%
Jan
Jan
73%
Feb
2%
2%
TOO
72
71%
72%
1,325
67
TOO
prior preferred
preferred
68%
66%
69
2,450
64% Mar
•
2%
25
_•
States Corp
29
.
3-4
Jan
Jan
"3%
1,200
3
Jan
Feb
30%
Jan
Jan
4
70%
70%
50
70% Mar
75
Jan
•
64%
64%
50
62
67%
Jan
21%
22%
80
21%
81
22%
10% Xl0%
20%
23%
16 %
16 Va
105
43%
5%
6
5%
500
18%
Jan
23
Feb
100
77%
Jan
81
Mar
8%
Jan
10%
163,700
17%
Jan
23% Mar
2,400
11%
Jan
18
10
103%
400
4,300
1%
50 700
44
5%
125
300
1%
Feb
105%
Jan
Jan
x6%
Jan
19% Mar
Jan
1% Mar
Jan
x45
5% Mar
6
42
Jan
Jan
-ft Jan
ft
Jan
Jan
16%
Feb
29% Mar
15
Eureka Pipe Line common
Jan
Mar
Feb
5%
12
6,000
Corp Ltd
Va Feb
1.500
19%
1%
—
18
105
5%
18
Esquire Inc
Eureka
~3 %
Jan
75
•
Electrographic Corp common
Empire District Electric 5% pfd.—
Empire Mlllwork Corp
Emsco Derrick & Equipment
Jan
Mar
Jan
2%
*
19%
3%
'
•
Jan
76
Mar
10%
29 % Mar
24%
2Va
1
Jan
Jan
7
Jan
9%
2%
1
Equity Corp common
$3 convertible preferred
9
x25%
135
•
Bridge Co Ltd
Feb
8 Ve Mar
Jan
6%
3%
2% Mar
75
150 % Mar
36%
500
300
preferred series A
$6 preferred series B
Eastern Sugar Associates—
Common shares of beneficial lnt—
Mar
9
Mar
34
6%
Electric Bond & Share common..—
9
175
34%
If*
$7
Mar
8%
Feb
Jan
1
Eastern
9 % Mar
24
Jan
5% Mar
15%
13%
Mines
6%
•
113
88%
30
7%
45
Mar
19% Mar
8%
50
Feb
5
Jan
17%
beneficial int
Easy Washing Machine class B
•
Mar
1
$5 pfd shares of
76
1
•
Eastern Malleable Iron
•
•
2% Mar
Jan
14%
13%
1
convertible preferred
4%%
•
1
78% Mar
4,100
5c
common
Jan
Jan
104 V*
30
common
Mar
113%
78%
*
77% Mar
10
4%
1
Feb
11
26
90
4%
3
25% Mar
1,600
106% 106%
1
Co—1
Jan
1%
2.50
common
Carolina
10%
77%
26
preferred class A
Duro
•
8%
7% Mar
45% Mar
25%
Paint & Varnish Co
Duval Sulphur &
22%
•
Jan
Jan
10
dep rets ord reg
(The) Co
Durham Hosiery class B common
20
•
6%
33%
76
Duraloy
Mar
5
4%
6%
-
1
American
Jan
1%
1
Co
St
1,600
Dunlop Rubber Co Ltd—
Jan
3%
1%
100
Marconi
Capital City Products common—
Carey Baxter & Kennedy Inc
Carman
5% Mar
50 % Mar
1,000
Duke Power Co
Feb
9
Canadian Industries Ltd—
Canadian
Jan
Jan
7%
preferred series C_—
Driver
Alcohol—
voting
non-voting
Feb
4%
39%
Draper Corp
Feb
6%
7%
5
Canada
Canadian
1
Feb
6%
2,200
Dominion Textile Co Ltd common
Mar
6
14%
/*
—
1
Insurance
6%
Jan
5,200
Dominion Tar & Chemical Co Ltd
Feb
14 %
%
*
Jan
Jan
5%
45%
Eastern Gas & Fuel Assn common..
Sugar Estate
Jan
4%
Bait com—*
«.•
—-*
Dominion Steel St Coal class
2% Mar
n%
11
14%
common—50o
Calgary & Edmonton Corp Ltd
Jan
8
14
49%
7%
Dominion
19% Mar
13
18%
19%
preferred—£1
31
5%
Domestic Credit Corp class A
Wireless—
dep rets 5%
Jan
1,900
%
44%
Raynolds class B
Ltd—
American dep rets ord reg 4s
19% Mar
12%
5%
12%o
Mar
Distillers Co
Feb
1,400
2,300
13
1
Jan
27
Feb
49%
Dobeckmun Co common
Jan
*
Jan
17
"5%
5
1
Devoe St
Jan
2.50
14% Mar
Inc
10c
Dayton Rubber Co class A
.
35
Dejay Stores common
50c
Dennlson Mfg class A common—
5
8% debenture
:
—100
Detroit Gasket & Manufacturing—
1
Detroit Gray Iron Foundry
—1
Detroit Steel Products
10
Feb
Jan
2%
*
Sullivan
Electric
14
1
Day
Mar
17
32
23%
2.50
Ring Co
Fire
6%
25
__—
Davidson-Brothers Inc common
19% Mar
7% Feb
16%
•
Burma
California
Jan
Feb
Jan
15% Mar
D
Jan
5
24
7
1%
1
Buckeye Pipe Line
Camden
16%
12%
550
Davenport Hosiery Mills
23% Mar
7% Mar
Ltd
Calamba
xl5%
300
15%
Lighting Inc common
Curtis Manufacturing Co (Mo)
84% Mar
£1
—10s
reg
Mills
St
Co
Manufacturing
Cuban
Feb
150
80 %
8
Co
Electric
1,700
14 %
1
1
-25
—
Curtis
Jan
57
22%
(E L)
American
16%
Jan
300
"
Bruce
Cables
Jan
5%
Cuban Tobacco common
Mar
100
8%
3%
21
cumulative junior preferred—10
Rubber Co common
1
Cable
78%
5
$6
Jan
Feb
8 %
Va
*
Brown
St
65% Feb
Jan
7%
•
Hill
22,000
•
*
Crystal Oil Refining common
Ltd—
rets ord
Piston
73%
Feb
Jan
6%
—
•
B
Bunker
Jan
Jan
Feb
e%
£1
Brown Forman Distillers
Burd
1%
ordinary
Crown Cork Internat'l "A"
Tobacco—
Bruck
Feb
6
Crown
Feb
Jan
600
1%
5Va
—
•
•
dep rets ord bearer
Amer dep rets ord reg
\%
%
14
American
Jan
11%
300
*
Amer
Class
2,800
Creole Petroleum
Feb
23
—*
Columbia
Jan
U
50
Crown Cent Petroleum
80 %
1
—
British American
British
8%
Crosley Motors Inc
Crowley Milner St Co
57
-*
Corp common
Bridgeport Gas Light Co
Brillo
Manufacturing Co common
dep
Feb
10
Jan
700
Jan
7% Mar
11
4
•
Breeze
Celanese
19
Jan
7%
2,000
5%
8
~4
1
common
prior cumulative preferred.100
Borne, Scrymser Co
25
Bourjois Inc
•
Amer
Jan
7%
1,100
6%
5% Mar
34
8 Ve
5%%
British
17%
400
8%
29 %
Jan
7%
3
common..j
Brazilian Traction
125
9 Vis
8%
8% Mar
Jan
"
Bohack (H C) Co
18%
8%
Jan
3%
88
93
common
Class A
12%
1%
24
common
&
18%
9 %
700
11% Mar
33%
--
—
(S)
Jan
Cornucopia Gold Mines
Jan
9%
16
1
1
Ridge Corp
Blumenthal
9,300
— -
12%
1
common—
Inc
64%
Feb
52%
12%
Birdsboro Steel
Fdry & Mach Co com.*
Blauner's
7%
1
Inc
Hedges
"4%
7
'
Telephone of Canada common__25
Benrus
%
_1
Beck (AS) Shoe
Corp
Bellanca Aircraft common
Blue
2,800
"4
4
1
common
Beau-Brummel Ties
60 % Mar
6%
4%
Inc
& Co
Feb
Jan
375
400
Cook
•
1
Refractories
Baumann (L)
9%
8%
Cosden
_
Pwr Ltd
Jan
Jan
62%
9%
Croft Brewing Co
Corp
Jan
7%
3% Mar
Courtaulds Ltd—
common
Jan
4%
Feb
3%
Continental Foundry & Machine
de los Andes—
Barium
Bell
55
30
Co
American shares
Barcelona Tr Lt &
Basic
•
.
Rubber
38%
6%
Jan
Continental Car-Na-Var Corp
Locomotive—
preferred
Baldwin
Jan
3% Jan
8%
100
100
1
Consolidated Liquidating Corp
•
Consolidated Mining St Smelting Ltd—5
Consolidated Royalty Oil
10
1
1%
Co
37
200
Jan
5%
Wilcox
Jan
3% Mar
1%
4%
B
St
Feb
7%
Feb
2%
$1
Baldwin
2,800
21%
Feb
2,600
Corroon
Babcock
50
4%
4%% series B preferred-
Jan
200
17
3
37%
Jan
7
3%
Consolidated Gas Utilities
Feb
5%
.6%
25
common
14%
100
254,000
New common
Feb
51
44
2,200
5%
5
950
7%
7%
60%
Vtc ext to 1956
Jan
7,500
16
1
21%
Feb
3%
Consol Gas Elec Lt & Pwr
Jan
3%
8
Inc
*.
Ayrshire Collieries Corp
Jan
2% Mar
41%
50
50
5%
Products
21%
Compo Shoe Machinery—
.
50
Jan
1
Community Public Service
Feb
24
1,600
2%
*
Co
Jan
14%
3
Commodore HntPl Inc
12% Mar
6%
24
12
1
142%
175
Feb
24
•
Mar
910
21%
1
Colt's
Jan
116
*
reg
Feb
165
163
19%
Jan
5
10
;
Colonial Airlines
Colonial Sand & Stone Co
116% Mar
11% Jan
116%
10%
21%
22
1
Colon Development
Jan
1° /»
95 % Mar
Jan
11%
Cockshutt Plow Co common
Jan
10%
/«
4,100
5,400
10%
Jan
9% Mar
Club Aluminum Products Co
4% Mar
4 Va
ll'/a
Feb
14%
Clayton St Lambert Manufacturing.—4
Clinchfield Coal Corp common
20
Jan
3%
400
2,000
500
Inc common
Claude Neon
Jan
UV4
f
11%
8%
9%
9%
Clarostat Manufacturing Co
?% Mar
7%
112
85 % Mar
9%
common
City St Suburban Homes
Clark Controller Co
Jan
13%
Jan
21%
1
10
City Auto Stamping
Jan
Jan
common
Cities Service
Jan
Mar
7
6%
High
81%
19'
10
1
2.50
10
5
10
4
•
*
of America
Cherry-Burrell common
Chesebrough Manufacturing com
Chicago Rivet St Machine
Chicago & Southern Air Lines
Voting trust certificates
Chief Consolidated Mining
Feb
5%
Corp
260
94
10
2
Cessna Aircraft Co common
Jan
30%
160
20 %
Convertible preference
55% Mar
1
Automatic Voting Machine
Avery (B F) & Sons common—
preferred
55%
162%
100
pfd opt div series 1929_.—100
8%
-
preferred opt div series
Co common
Century Investors Inc
16% Mar
28
5
1
Corp warrants
Atlas Plywood
Corp
6%
Jan
-100
85%
pfd
preferred
Conv
4% Mar
13%
20
1
100
Elec 6% preferred—100
Products
Century Electric
Industries—
rets
Steel
Feb
600
,4
474
Atlas
Automatic
3 %
16
3%
--
•
Laundries of America
Associated Tel & Tel class A
Atlantic Coast Fisheries
Coast
38,300
15^/8
28
131
2.50
Associated
Atlantic
16%
14
*
Corp
dep
4%
10
Light $7 pfd
Electric
Jan
•
common
preferred
conv
Associated
18%
5
1
Refining Co
Aspinook (The)
1,600
Jan
28
100
Equipment Corp
&
16%
16%
32','2
1
Gas
Arkansas Power St
Jan
28
1
pfd
„
Ashland Oil
Jan
21 %
£1
Common class A non-voting
6%
preferred
Aro
13%
Jan
1
Appalachian Elec Pwr 4%%
Natural
Jan
19%
Ltd—
Co
Angostura-Wupperman
Apex-Elec Manufacturing Co
Arkansas
Jan
10%
2
common
7%
Conv
41% Mar
39
850
5
dep rets ord reg
Argus Inc
25
700
20%
gCentral States
Jan
34%
5
preferred
Products
Oil
41
2%
84%
-—100
Central Power St Light 4%
36% Mar
11%
—*
Thread
Inc
Jan
53%
•
Writing Paper common
Co
Jan
34%
21%
2
10c
American
Anglo-Iranian
2
25
Low
Co—
preferred
Central Ohio Steel
Feb
llVa
f '8
10
American
5%
2,900
pfd—25
Superpower Corp common
series preferred—
Angerman
9% Mar
115
20%
l5J/a
•
Post
2 Va
41
——•
B
Anchor
Jan
35%
2
—
1° A
2
common
American Republics..
American Seal-Kap common
$6
8%
110% Mar
A
1
American
Amer
300
l*™
20
25
American Maracaibo Co
Class
1,300
9%
--
25
Laundry Machine
American Manufacturing Co
&
*
1
1
American
2
35%
10c
$2 convertible preferred
$2.50 convertible preferred
Hard
*
Range Since January 1
High
84%
3.50%
Electric—
preferred
American General Corp common
American
9%
110% 110%
9 /2
1
Gas
4%%
Low
Par
Central Maine Power
American Cities Power St Light—
American
*«xehange
High
LOW
High
New Tor* mru
Ltd—
&
Light $5 pfd
Carr-Consolidated Biscuit Co
Amer
Amer
Carter
Casco
dep
rets
A
ord
dep rets B ord
(J
W)
Co
Products
Castle (A M)
common
common
& Co.
Catalln Corp of
America..
1
112% 113
3'A
3%
6
6
114%
Jan
1,800
3Va
Jan
3%
Jan
400
5%
Jan
6Ve
Jan
100
112% Mar
£1
2s 6d
1
*
Fairchild Camera St Instrument
& Airplane
Metallurgical
Fairchild Engine
—
4%
5Va
3,500
3% Mar
22%
24'A
400
22% Mar
5%
5%
2.200
4Va
Jan
Fansteel
(Phila)
1
1
•
10
Va
Jan
Fire Association
26%
Jan
7%
Jan
First York Corp common
-—10c
$2 dividend cumulative preferred—1
5
22%
Jan
12,000
4%
Jan
10%
11'A
6,300
10 Va
Jan
12 Va
Jan
66%
67%
260
x61%
Feb
76
Jan
8
2%
1,500
2%
Jan
32%
33%
200
28%
27
5%
27
6
1.400
31% Mar
6 %
3%
Feb
Jan
33 % Mar
Volume 171
THE
Number 4893
COMMERCIAL
NEW
&
YORK
FINANCIAL
CURB
CHRONICLE
(1283)
27
EXCHANGE
RANGE FOR WEEK ENDED MARCH 24
Week's
Sate*
STOCKS
Last
Range
for Week
New York Curb Exchange
Sale Price
of Prices
Shares
Friday
Low
Par
Friday
High
Low
Week's
Sales
STOCKS
Last
Range
for Week
New York Curb Exchange
Range Since January 1
Jale Price
of Prices
Shares
High
Low
Par
Range Since January I
High
Low
High
Fishman
-
5r.
tft
(M H) Co—
$1 Rtorpji
21
1
21
50
16% Feb
1,900
3% Feb
21
K
Feb
Ford Motor Co Ltd—
3%
American deposit rets ord reg——£1
3%
3%
5% Jan
Ford Motor of Canada—
Class A
Class
•
non-voting—
B
24%
voting.
.
—
--
24%
1,600
25%
•
25%
25
22% Jan
26% Feb
28
Feb
%
28,800
ft Feb
H Jan
21
Jan
Ford Motor of FranceAmerican deposit receipts
Fort Pitt Brewing Co
—
Fox
bearer.
—1
16%
.1.25
9%
—
(Peter) Brewing...—
Fuller
(Geo A)
1,800
11% Jan
9%
1,800
9% Mar
9
'
Co
32%
12%
——
31%
32%
12%
13%
18
Feb
11%
Jan
7%
300
2,800
Jan
7% Jan
29%
»
.
—50
preferred
convertible
16%
16%
1
Franklin Simon 6c Co inc common.
4%%
%
——
Feb
32% Mar
10
Jan
13% Mar
Kalser-Frazer Corp
...
Kansas Gas & Electric 7%
Kawneer Co
Co common..
...
(Walter) 6c Co...
-
5%
16 %
•
._
preferred
16%
300
91
__100
Gellman Mfg Co common
~5% "5%
1
—
200
1%
Alloys Co—
—*
General Builders Supply Corp com—1
5% convertible preferred;
25
3 Ya
1%
3%
93%
Jan
4% Jan
1% Mar
600
3%
General
16% Jafl
3,000
3% Mar
23
...
Feb
Feb
6% Jan
Amer dep rets ord reg
General Finance Corp common..5% preferred series A.
£1
1
3%
Jan
Knott
23% Mar
Knott
General
.*
General
Outdoor
Adv
General
Phoenix
Corp.
pfd
6%
350
7% Mar
1)800
41% Jan
*49%
100% Feb
~6%
~6%
107%
300
11%
11%
225
9% Jan
Xl2%
900
10% Mar
2,500
4% Jan
6%
3%
1,600
2% Jan
4% Feb
101
101
100
10
3%
3%
3%
5V4
5%
5%
3,900
*
Gladding McBean & Co.
Mar
19 %
19%
19%
107% Feb
350
3
*
—...
101
116% Mar
3,200
1
Gilchrist Co
Feb
Mar
5% Mar
,
17
Jan
14
.Jan
4%
Jan
5% Jan
19% Feb
14%
Feb
..25
Glen Alden Coal
15%
*
...
15%
16
6,500
15% Feb
17% Jan
Glenmore Distilleries class B_
i
12 V4
12%
12%
1,000
11%
Feb
13
Globe Union Co Inc..
5
16%-
16%
18%
3,100
11
Jan
18% Mar
2% Jan
.
Gobel (Adolf) Inc common
Godchaux Sugars class
Class B
2,400
44
1%
150
Jan
Jan
41% Jan
45
•
25
Mar
28
Jan
*
$4.50 prior preferred
i.—
Goldfield Consolidated Mines—
Goodman
43
43
74
Jan
80
Mar
—*
ii.
i
2%
1%
2%
1
u
A__
1
47%
*
%
A
%-
50
Manufacturing Co
46
4%
Gorham Inc class A
6,900
x47%
4%
200
64%
350
13%
14
700
7%
133% 135
61%
9
600
280
7
10%
Feb
4% Mar
1,100
144% 145%
45
200
10%
7
10%
ft Mar
30
4%
63%
Gorham Manufacturing common
10
Graham-Paige Motors 5% conv pfd__25
Grand Rapids Varnish.
...
.
1
Gray Manufacturing Co.
5
%
Jan
x47% Mar
6
Jan
Jan
65
Feb
Jan
16% Mar
6% Jan
10
Jan
7% Mar
Feb
12% Jan
128 %
Jan
146% Mar
130
Jan
137
Great Atlantic & Pacific Tea—
Non-voting common stocks....
7% 1st preferred.
Great Northern Paper
Griesedieck Western Brewery.,
Grocery Stores Products common
Gulf States Utilities $4.40 pfd
Gypsum Lime 6c Alabastine
1
145%
•
.
100
41%
2
25c
41 %
41%
950
28
25
27%
30
850
40%
Jan
26%
Jan
9
31%
4%,
5
700
4% Mar
-i-I
—25
49 Va
1
■
2
1
2
12
1,950
10%
Jan
12
Mar
17
200
14%
Feb
17
Mar
48%
49%
290
47%
Jan
50% Feb
r
1,900
1,600
1%
Jan
2% Jan
1%
Jan
2%
10%
Jan
11% Mar
16
Jan
20%
1%
2
2
2%
'
Hathaway Bakeries Inc
1
Hazeltine
*
Corp —.
Hearn Dept Stores
Hecla Mining Co
10%
7%
Heller Co common
preferred
preferred
w
w_
.
12%
13%
46%
325
5,300
9%
9
9%
2%
2%
3
34%
35
43%
43%.
44
Jan
Jan
Jan
13% Mar
102
Mar
77
Mar
10% Mar
45%
8%
600
i,
Jan
Jan
9%
Jan
2% Mar
3%
Jan
48%
Jan
150
Jan
Mar
300
43
Jan
46
Feb
160% Jan
.
31
11
.15
167
Feb
32% Feb
108% Jan
34
Jan
*
...
8c Hardart common
33%
33%
34
22%
22%
22%
1,100
88
84
88
4,800
525
.100
preferred
...5
(Harvey) Inc common
Co...
—5
Hussman Refrigerator $2.25 pfd...
*
4%
4%
52
4%
18% Jan
300
52
81
Jan
4
.
Feb
48 %
50
35
Mar
13% Jan
110% Jan
22% Mar
88
Mar
4% Jan
Huyler's common
...
preferred
...1
...
2%
1
15
•
Hydro-Electric Securities
Hygrade Food Products
~2% "2%
52
Mar
16
Mar
3,000
2
14
14%
3%
Jan
8% Jan
Common stock warrants
1st convertible
12%
Jan
8% Mar
..
Hormel
Humble Oil & Refining
Hurd Lock & Manufacturing
Jan
11%
46
34%
...
15
74
1
(Geo A) & Co
Horn & Hardart Baking Co
8% Jan
11% Jan
Jan
12% Mar
400
5
M___.
Jan
6%
300
10%
Feb
13
200
;
Jan
10% Mar
96%
..10
Hollinger Consolidated G
Holly Stores Inc.Holophane Co common..
Hubbell
350
8
"9%
1
Hoe (R) & Co class A—__
5%
3,300
14%
73,4.
.100
w w
Horder's Inc
1,800
10%
13
2
'
10%
.100
Henry Holt & Co common
Horn
1,600
14%
10%
—
Class A
4%
200
19%
12%,
._25c
Helena Rubinstein common
5%%
10%
19%
III5
common—
6% Jan
10%
ZIIs
—i
15%
800
3%
3%
200
Feb
Feb
3% Jan
—5
14%
__
8%
•_
Jan
2% Jan
17%
Jan
3% Jan
18% Jan
Indianapolis Pwr 6c Light 4%
Preferred $3.50 series
19
'
Mar
18% Mar
20
Jan
18% Mar
20
Jan
11%
Feb
13
Feb
8% Jan
98% Jan
10
Jan
102
Mar
113
Jan
11%
——
'
100%
300
'
■
'
——
5o
100% 100%
106%
105
106%
1,550
103
Jan
15%
15
15%
1,400
14
Jan
CO O
80%
82%
2,100
75% Jan
%
3,200
8V0
8
8
7% Mar
*
Registered shares
■
.
.....
International Products
...
International Safety Razor B....
Ho
__
Iowa
Power
Iowa
400
%
100
1%
2,300
12
%
—
Illinois G & E com
12%
%
1%
12
*
Royalty
Iowa
15%
Jan
82% Mar
A
International Petroleum coupon shs. II*
Investors
18%
11%
.50
Metal Industries
Jan
4
10,700
19 %
—...
•
Cigar Machinery
International Hydro-Electric—
10
3% Mar
__
*
.10
Inernational
International
18%
19
pfd—_ 100
Insurance Co of North America
7% Mar
2,100
19
-£1
—
850
;
»
Ireland
8%
8
_£1
Imperial Oil (Canada) coupon
»
Registered
Imperial Tobacco of Canada.
i. 115
Imperial Tobacco of Great Britain 6c
7%
11
Jan
~8%
Jan
8%
3%
17%
1ft
1A
2,700
17,600
7,000
—
*
—10
9%
9%
9%
400
9% Mar
12%
12%
100
12% Mar
13% Jan
27%
32%
4.90%
&
d—
._*
Light com wd—._ I"*
27%
14%
275
23%
13%
700
30%
29%
30%
12,000
23
23
23%
9,700
,
100
preferred.
Fireman Manufacturing v tc—
•
•»*»
13%
—
13%
.
—
13%
600
5%
Irving Air Chute
Italian Superpower
Corp com class A
*
8%
9%
600
—.1
Kropp (The) Forge Co——.—-33 %e
14%
15%
400
7% Jan
13% Jan
~2%
2%
2%
300
2% Mar
14%
14%
—
Kreuger Brewing Co
Laclede-Christy Company
L'Alglon Apparel Inc.—
Lake Shore Mines Ltd
—
Lakey Foundry 6c Machine
Lamson Corp of Delaware..
Lanston Monotype Machine
La Salle Extension University
Lefcourt Realty common—
Le Tourneau (R G) Inc
Lionel Corp common—
Ltpton (Thos J) Inc 6% preferfed.
6
500
%
1
2
29% Mar
30% Mar
23% Mar
Mar
92% Jan
95
13 %
16% Jan
5%
Feb
Jan
U Mar
(N J)
3%
4
..1
8
8%
4%
Preference
For footnotes see page
3
.
6%
3,300
7%
20%
900
29.
Jan
13%
3%
3%
Mar
8% Jan
6% Mar
14%
2,400
20%
6,200
Jan
7%
Jan
22%
7%
Jan
Jan
Feb
14%
Jan
Jan
15% Feb
20% Mar
6%
20
12%
13
15%
Jan
28
•
11%
11%
11%
Common
of
certificates
New common
w
i
26
26
24%
——
Longlnes-Wittnauer Watch
Long Island Lighting Co-
24%
24%
Feb
Feb
300
29% Mar
Jan
Feb
26%
Jan
250
26
24
Jan
27% Mar
Mar
6,900
Feb
26%
Jan
9
800
8% Feb
9% Mar
1
10,400
% Jan
1% Feb
14%
37,400
1,600
121
Feb
Jan
152
Mar
127% 128
1,225
106
Jan
131
Mar
31%
113% 113%
6,100
26%
Jan
31% Mar
10
111%
14%
-—
12 %
27
IS
14%
1
——
Lynch Corp
10% Jan
x8%
Codeposit..
7% preferred A ctfs of deposit¬ .100
s'^ preferred B ctfs of deposit- 100
—1
Louisiana Land & Exploration
•
Louisiana Power 6c Light $6 pfd—
142% 145
142%
31%
30%
Z2
13
13
13%
14% Mar
Feb
113% Mar
100
12% Mar
14% Jan
M
Macklntosh-Hemphill Co
8
Maine Public Service Co
10
Mangel Stores common
1
Manischewitz (The B) Co————-*
300
'$% Jan
9%
200
200
14
Jan
12% Mar
44%
31% Mar
31% Mar
35
38% Mar
12%
31%
.of'
31%
10
37%
—-
12%
37%
100
Jan
2%
"*7% ~7%
1,600
Feb
7% Jan
20%
20%
20%
1,400
18% Jan
21% Jan
4%
4%
300
3% Jan
6%
1% ~1%
—
~6% "7
—
Mfg Co.——-—
1
15%
15%
—
Mead Johnson & Co——
1,000
1
1%
1%
15%
2
600
4,000
2,300
Jan
.4% Mar
x7% Mar
1%
1% Jan
30
•
•
& Co class B_.
McWilliams Dredging ...
(A G)
Jan
6% Mar
13%
Feb
17
Jan
—
—.—100
—;
1
common..——-25c
Mesabi Iron Co——
Metal Textile Corp
.Participating preferred
15
Michigan Bumper Corp —
1
Michigan Steel Tube
2.50
Michigan Sugar Co common
*
6% preferred
—-—10
Micromatic Hone Corp
1
Middle States Petroleum common
1
Middle West Corp common—
5
Midland Oil Corp $1 conv preferred—•
Midland Steel Products—
$2 non-cumulative dividend shares—*
Midvale Co common——
•
Mid-West Abrasive.—
50c
Midwest Oil Co
10
Midwest Piping 6c Supply common
Mid-West Refineries
—
Miller
Wohl Co common.;
4%% convertible preferred
Mining Corp of Canada
•
1
50c
—50
~5%
~5%
Monongahela Power Co—
4.40% cumulative preferred
100
4.80% cumulative pfd series B...100
Monroe Loan Society com class A—.1
Montgomery Ward 6c Co class A
-*
Moody Investors participation pfd
•
Morris Plan Corp of America
10c
Mountain Producers
10
Mountain States Power common
—•
Mountain States Tel & Tel—.—..100
Mt Verncn-Woodbury Mills
5
Murray Ohio Mfg Co..
—.——*
Muskegon Piston Ring common..—2.50
Muskogee Co common—
-10
Muter Company common
50c
r4% Jan
6%
7,300
5% Jan
5%
53
"7
"7
x6%
2,600
6%
Jan
Jan
Jan
.
5%
110
■
"t:
Jan
Mar
6% Jan
8
Mar
55% Mar
7
Jan
8%
8%
100
7% Mar
8%
Jan
1V4
1%
1%
800
1
Feb
1%
Jan
8
7%
8%
8%
Jan
m—
7
Feb
7%
7%
800
7%
Feb
8%
9%
9%
9%
8,000
8%
Feb
9%
Jan
2%
2%
2%
8,700
2ft Jan
2 Yi
Mar
10
Jan
10%
Jan
24
Jan
26
13
Jan
17% Jan
1,500
50
Feb
10
300
201/.
800
20
Jan
21
24%
2%
1,800
3%
20%
—
14%
3%
20V4
10
13%
13%
24%
50
23%
Jan
25
2%
2,900
2,800
1%
Feb
•2 %
Jan
5% Mar
6%
Jan
2
'
5%
30%
30%
50
10%
5%
10%
1,600
5%
3% Jan
30% Mar
10% Mar
4
Feb
Jan
Jan
Feb
Jan
11% Feb
32%
101
5i% 5i%
•
1
—.1
200
104% Mar
*
5% pfd—100
——
5%
5%
5%
Febi
2%
1% Jan
-
—
Jan
31
Jan
7% ; Jan
■
Merritt Chapman 6c Scott Corp—
Warrants .——
A preferred
Jan
"7%
McAleer Mfg Co common
—.
1
5% convertible preferred
10
McClanahan Oil Co common—__—1
6%%
Jan
2%
Jan
6%
Feb
15 % Mar
•
Massey Harris common
Menasco
8%
14%
£1
10
Marion Power Shovel
McKee
8%
14%
14%
—-—*
Mapes Consolidated Mfg Co
Marconi International Marine
Communication Co Ltd—
"7%
100
Jan
105
Mar
34
Feb
39
Mar
6%
7%
1,800
6% Mar
2%
2%
1,700
2% Mar
105 %
100
102% Feb
X2%
1,000
2%
Jan
182% 183%
130
176 %
Jan
99
105
x2%
36%
37
6
5%
6%
14
13%
35
35
14
35%
100% 100%
24%
25%
42
44%
8
8
13%
Feb
183% Mar
38
Jan
Jan
6%
Feb
13% Mar
31% Jan
15%
Jan
70
600
600
13
3%
34 % Jan
8
13
Jan
107% Jan
75
1,150
12
12%
105
2,200
1,800
1,800
45
13%
12%
Feb
7% Jan
3% Jan
5
97
Feb
35% Mar
'104
Jan
24
Jan
25% Jan
32%
Jan
45
Mar
Mar
8%
Jan
2,300
12% Feb
10% Jan
13%
12%
Jan
Feb
300
12% Mar
13%
*an
4%
Feb
4
Jan
200
8
7% Feb
1%
N
Jan
Nachman Corp ...
Namm's inc common
10
—
National
4%
900
3'A
3%
6,800
...
Mallinsonl Fabrics.——
*
1
National Mfg 8c Stores common.——.1
National Pressure Cooker common
2
Radiator
Rubber
...—.4
Co
—10
•
1
Machinery
8% Mar
National
3% Jan
Neptune Meter common.
Jan
4%
3%
National Transit common
Union
Radio
.
30c
12%
,7%
29%
29%
35%
29%
25
——
3
5%
4%
1
•
National Breweries common..
7% preferred
National Fuel Gas
13
_1
National Bellas Hess common..
6% Jan
Mar
3%
Jan
Nestle
19%
Feb
New
3
700
13%
26
Lone Star Gas Co (Texas)
1,100
300
13%
300
19%
20%
Locke Steel Chain
3% Jan
Mar
Feb
5
26%
400
200
14%
12% Jan
5% Mar
20
Class B
17% Jan
3%
2%
Feb
36%
12%
13
7%
Le
Mur
England
Co
Tel
9>/a
8%
9%
8
28% Mar
32% Feb
75
35% Mar
36% Mar
10%
13
800
600
8%
8,900
6%
6%
7
3%
4%'
Jan
320
21,300
9%
4%
500
Jan
7% Mar
3%
33
1
5%
95%
Mar
Jan
14
Jan
8% Jan
11
Jan
8
6%
Mar
Jan
2%
Jan
2%
Jan
3%
4
6,100
13,700
30%
33
1,600
5%
6
500
5%
Jan
95%
430
92%
Feb
94
9
Jan
17% Jan
Tel.—.—..—100
common
6c
—5
7%
4
3% Mar
10%
-
..1
Julian & Kokenge Co...
Feb
Jan
16
Feb
10%
5
Loblaw Groceterias class A.:
National
Sulphur Co
Feb
9%
26% Mar
National Steel Car Ltd
Jefferson Lake
Jan
14% Mar
12% Jan.
8,900
7%
6%
20
Feb
23
Mar
100
300
11%
5
% Jan
700
%
-1
Jim Brown Stores common
Jan
10%
6%
11
Lit Brothers common....
National
Jeanette Glass Co common
lft Jan
10
13% Mar
9%
—
—.....
12% Mar
"
Iron
—
17% Mar
Ift Jan
Jan
Jan
% Feb
1% Jan
Public Service Co—
w
Jan
Feb
3%
14%
Corp (new)
Molybdenum Corp
•
11%
Feb
3%
Jan
16%
Monogram Pictures common—
....
2%
42
24% Mar
1%
Missouri Public Service common..
Imperial Chemical Industries—
American dep receipts registered
Jan
1
5
—1
Hotels
Minnesota Power & Light
Illinois Zinc Co common
21
3%
10% Feb
111% Jan
17
..
Electric Light..
Hartford
4%
*
Hartford Rayon common.
Harvard Brewing Co
8% Jan
Jan
7
2,300
17%
Feb
Jan
*
Hammermill Paper common.
24
Feb
109% Jan
100
—5
3,200
38% Jan
II
Jan
105% Mar
Feb
44 %
H
Hall Lamp Co
Hamilton Bridge Co Ltd
8%
24%
7%
—
Feb
Feb
107%
1
*
Feb
8% Mar
113% Mar
*
j.
Giant Yellowknife Gold MinesGilbert (AC) common
103%
12% Jan
13
Feb
3%
10%
12
Jan
6%
3%
.100
1
50c
General Public Service $6 preferred..*
Georgia Power $6 preferred™:
—*
$5 preferred
8%
45%
45
General Plywood Corp common.,
Gerity-Mich Corp
7%
Jan
44
8%
10
Fireproofing common
7%
Jan
(Effective March 22)
Hotels Corp. (old)
Kobacker Stores
7% Feb
6%
2,000
13% Mar
300
13%
Corporation
Name changed to
Knott Hotels Corp
Jan
6% Mar
7%
7
7%
Jan
15%
12%
Knott
2
General Electric Co Ltd—
18 V4 Mar
17%
100
*
—50
1
1
1
Feb
Jan
1
(D Emil) Co common
Kleinert (IB) Rubber Co
15% Jan
117
Feb
12%
Kimberly-Clark Corp—«
4%% preferred
.——
Kings County Lighting common
4% cumulative preferred..—.
King Seeley Corp Kingston Products
Kirby Petroleum
Klein
Co common
7% Feb
4% Jan
*114%
18%
.
Power
20,400
•
Kirkland Lake G M Co Ltd
Gatineau
6%
5
•
—.5
...
Kidde
5%
6
15%
—
-
Kennedy's Inc
Key
;—,—1
pfd..—100
24% Jan
9%
7%
Jan
Jan
18% Mar
4%
Feb
4%
Feb
35% Mar
6%
57
Feb
Jan
28
(1284)
THE
COMMERCIAL
NEW
YORK
RANGE
r rlday
Week's
Last
Range
ENDED
MARCH
of Prices
Shares
New Haven
4Va%
Clock & Watch
Co
Mexico
Park
Arizona
New
Process
Yorx
Co
Co
53%
55%
5,600
3%
7%
8%
•.,20 J
7%
1%
1 Va
1%
1.10J
1 Va
New
Yortt
&
York
49
•
**
q
»■
7
'
7
20)
7
29%
150
29
10%
"lO
Honduras Rosario
10%
960
10 Va
17
29
—10
shares
13%
—
Niagara Hudson Power
Niagara Share Corp
Niles-Bement-Pond
59
Eeb
Feb
1%
76%
135/a
1,600
31
Feb
Feb
13
Jan
Mar
17
19
Mai-
17'/4
17%
17%
32.600
i5y3
Jan
13 Va
13%
3.600
12 y8
Jan
15%
9%
10%
3,300
9%
Jan
10%
23%
400
14%
Jan
in
%
600
5
5
I if
Rayon $3 preferred —50
•
Utility Securities-
45 %
45 %
47 y8
2.100
3
3%
1.700
11
11
11%
800
Mines
North American
North
American
North
Central
Northeast
23
Oil
5
Airlines
Penn
RR
Ind
1 ri
"
Texas
3%
Co—
Pub
3'/2
3%
4 V* 'U
43%
102%
150
Northrop Aircraft Inc
1
7%
NoVadel-Agene
*
—
8 Va
2%
300
48
Mar
3%
.Tan
Jan
QT3/4
Jau
Jan
Feb
Mar
6%
18%
Power
4% %
.50c
prefer red
100
Oklahoma Natural Gas
Oliver
Leather
Filters
..15
class
B
Securities
Can
Co
common—
Feb
Pacific
Power
&
Pacific
Public
Service
—25
1st
Light 5%
common
Jan
37%
13%
17
Jan
18
Feb
17%
17%
400
17%
Jan
18%
Feb
11
11%
1,500
9%
Jan
11% Mar
33% Mar
1,400
9%
500
7%
Jan
36%
2,500
3434
Jan
32%
33
200
21%
Jan
34
Mar
31
Mar
<
31
28%
23%
—
31
23
29
29
14%
—
29%
28
Mar
29%
Feb
Sonotone
28
Jan
29%
Feb
Soss
275
103
Jan
106%
Feb
South
Coast
Jan
104
Jan
South
Penn
98%
14%
100
14% Mar
25
Jan
41%
2%
Feb
5%
83,700
5Vb Mar
16%
16%
50
24
1
24 %
150
10%
—
10%
400
16%
X22
pfd
Penn
Traffic Co
Penn Water & Power Co
11%
—
45
350
25%
Pharis Tire &
Rubber
21,200
275
107
1,500
36
1st
10%
4>A%
1
400
Jan
12
Jan
57
Jan
Feb
4% Mar
48%
1,800
20%
1%
1,400
1
1%
3,000
16%
17%
2,500
58%
60%
700
24
21%
24
1%
3%
-
—
4,200
3%
Corp
common
Pipe
Willi.
-
7
Jan
Jan
Stahl-Meyer Inc
2%
Jan
100
Feb
5%
Jan
no
—
700
Jan
$1.60
3%
Jan
Standard
Jan
59%
Feb
Standard
Mar
Standard
Jan
12
1% Mar
%
Jan
Jan
4% Mar
6
Oil
Light common
B
class
17
-
Jan
~2%
Jan
20% Mar
1%
~2*J
B
class
Tube
Standard
2%
Feb
Feb
Jan
14%
Jan
Jan
60y8 Mar
18%
Jan
24
3%
(A)
6c
-
common
lu
Mar
4
Jan
Sterling
—....
Inc
Jan
18
Mar
Stetson
(J B)
4%
1,500
4
100
14%
Jan
15
Mar
35
350
33
Jan
36
Mar
12%
11%
12%
13%
15
17% Mar,
15
Mar
1% Mar
.
Sun
1%
1%
10 %
10%
7
1,400
9%
Jan
6,400
1%
ll1/,
Jan
8.300
1%
Jan
7%
900
10%
1,800
9%
105%: 105%
7
„Mar
7%
..
(Hugo)
103
16
103%
Jan
Jan
; 16%
,104% Mar
800
14%
Feb
16% Mar
~7%
600
105% 107%
157%
156
13%
7
Jan
12%
.
Jan
7% Mar
Tool
Superior
Swan
5
929
93
Jan
109 'A
Feb
60
154
Jau
159
Jan
13%
25
23%
23%
500
1%
1%
1%
100
WW
25%
Electric
Co
Inc
Technicolor
1
13% Mar
26%
2.600
21
1%
14%
Feb
24%
Russeks Fifth Ave
page
Jan
Jan
Jan
28
Jan
27
Feb
58
Jan
27% Mar
84%
Jan
92
95 %
95%
95Vz Mar
150
88 V2
Jan
4
4%
3,900
3%
Jan
4%
Feb
7
6%
7%
11,200
3 %
Jan
9 Va
Feb
1%
1 '/a
1%
1,500
%
Jan
1 % Mar
11%
12%
200
11% Mar
12% Mar
Thor
Corporation common
Markets
300
9 V, Mar
10%
Jan
2%
2%
1,400
2%
Feb
3'A
Jan
21%
21%
3,300
20%
Feb
22%
Jan
22%
22%
2 3'A
1,200
20 %
Jan
23'A
Jan
62%
62%
63%
1,400
69 V2
Jan
109%
Feb
62% Mar
107'/2
Jan
18%
3%
6
300
19% Mar
17'A Mar
Jan
18%
3%
Feb
100
6
303
3%
3 %
900
Jan
18%
17'%
Jan
15%
,
17
30
: ;i2
740
30%
Feb
5%
1,600
Feb
4% Mar
Jan
7
Jan
Jan
269
Jan
325
Mar
2%
Jan
2%
32 y*
Jan
32%
Jan
13%
Feb
15%
Jan
V4
Feb
%
Jan
2%
Jan
14%
2,800
5,200
Jan
3'/4
Jan
8%
800
8% Mar
9'/2
Jan
3%
3 Va
100
3
Jan
4
27%
1,400
25%
Feb
28%
Jan
14
27%
3%
8%
8%
Jan
22
Mar
46
Mar
27
210
309
28'%
Feb
47% Mar
Jan
Jan
29
Mar
33% Mar
29%
Jan
31% Mar
Jan
27%
700
26%
4y8
Feb
34%
1,200
?•>%
Feb
16
16%
250
~2%
2%
3
27%
Feb
Jan
4%
35
Jan
Mar
17%
Jan
2% Mar
3%
Jan
4%
Jan
16
400
%
1,300
u
11%
11%
20
19%
13
I
Feb
1%
Jan
Jan
13
Mar
Mar
9'%
9,000
Jan
22
Feb
,,.20%
6,000
1
2%
2%
2%
1,000
2% Mar
20
1
17 Va
17'/a
17%
400
17% Mar
13 '/a
Feb
9%
9'/2
200
Jan
10 Va
Jan
AO
1
*
36%
36%
36%
9(F)
Jan
37% Mar
7%
200,900
7%
5.600
7%
7
5%
'
172
5%
171
173
9
34.%
3%
6%
6%
900
G
5%
6'/a
17,100
2 %
Jan
7% Mar
7% Mar
173
Jan
155
6% Jan
4
V*
2%
1,100
6%
7,300
17%
700
11%
llVa
100
II y8
Jan
7%
7%
200
7%
Feb
1
300
%
Jan
7,700
3%
Jan
100
14 %
Jan
5%
2 '/a Mar
6% Mar
17% Mar
4%
25
22 V2 Mar
1
4%
.
-
4%18
"2%
5%
18
2%
2%
14%
2%.
300
14%
4%
5
21%:
200
21%
......
150
Jari
12%
~
;
Jan
%
Jan
1 Va
Jan
8
5% Mar
18'/2
Jan
2'% Mar
1,100
3%
Jan
Feb
19 %
Jan
16'A
21%:
Jan
3
Jan
16% Mar
*
1
Mar
7% Jati
6% Mar
Feb
17
Jan
3%
Jan
3%
130
6%
13
•
16%
Jan
Feb
4%
Jan
6
Jan
20 V3
-
Jan
'24
Jan
■
2%.
2%
2.100
2%
Jan
9 Vs
*
19%
9%
200
8%
Jan
Roofing
Inc..__
Realty & Construction
Stocks
Trust
Amer
Amer
5
1
1
•
*
Feb
3y8
9% Mar
8,900
14%
240
35%
Jan
33
16%
122 Vt
Jan
Jan
14%
100
13%
13%
300
11%
Jan
14%
16
16
100
16
Feb
18
~7%
7%
13%
1,800
14%
400
12%
Jan
100
75
Jan
102
97
16
Feb
7%
14%"
101
Feb
21% Mar.
Jan
Feb
119
7V2 Mar
,
Feb
1
Jan
8% Jan
15 Va Mar
102
Mar
Co
Todd
Shipyard Corp common
Royalty Corp
Toledo Edison 4Va% preferred
Tonopah Mining of Nevada
Lux
800
20
13%
Ltd—
deposit rets ord registered—£l
deposit rets def registered—5s
Security
35
19 Va
119%"122%
25c
Inc
Corp
20
70c
100
1
1
True Temper Corp
4%
"%
""%
37%
37%
38
1%
1%
700
*
850
'%
Feb
103%
650
101%
Feb
%
%
%
600
3
3 Va
900
3
3%
10.400
18
17%
18
650
25
25
50
11%
10%
"11%
5,000
13 %
12%
13%
1,200
5% Mar
12
Jan
37% Mar
700
25
•
%
Jan
1%
103
3'A
warrants
Tung-Sol Lamp Works common
convertible
80c
preferred
4%
4%
1,500
4
Feb
Feb
45
Jan
2
Jan
103% Mar
Feb
1
Jan
3
Feb
4
Jan
2%
Jan
3%
17% Mar
20% Jan
19%
Feb
Feb
Mar
25
3'/2
3%
2,000
3%
Feb
4
Jan
1
1%
1,100
1%
31 %
450
27 y4
Jan
32% Mar
Ulen
25%
25%
100
23%
Jan
26 Va
Feb
2%
2%
1,200
2%
Feb
3%
Jan
Unexcelled Chemical Corp—
Union Gas of Canada
8%
Jan
11 % Mar
12% Mar
14
Mar
Jan
29%
1
•
5% Mar
3%
—
30
2%
2 Va
2%
101
35
25.300
6 Va
1
2 V\
99% 101
35
<t
40
Jan
9%
Jan
Feb
U
Realization
Investment Co—
80
300
2
Jan
2%
98%
Jan
102%
25
Jan
40
Jan
Feb
Mar
9
Mar
9
Mar
9
7%
7%
1,100
6%
1.600
200
Jan
9% Mar
10
Jan
8'A Mar
23 %
23
24 v8
22%
Feb
25%
1
10%
10%
10%
4.300
R%
Jan
10% Mar
9%
8%
9%
100,300
7%
Feb
9% Mar
X5VS
—
— —
7% Mar
T-
5%
4%
9%
.
5%
500
4
4%
900
4
900
7%
9%
10
13
2%
16'%
Jan
8%
Jan
Feb
6%
Jan
Mar
5'/a
Jan
Jan
11%
Feb
2%
16
8%
4
Feb
2% Mar
1 %
Jan
3 Va
Jan
2%
1,900
16%
16,600
12%
Jan
16% Mar
8%
.
100
7%
Jan
8 Vi Mar
Union Oil Co of California—
$3.75 preferred series A
Union Stock
United
1
.10c
Corp
4
9.500
9
1
10
10
2%
21%
34%
:
4%
•
•
Feb
Mar
4%
common.
common
8%
100
1.25
3%
Feb
*
29
Jan
22 V2
400
33 y8
1% Mar
10
common
see
24'4
55% Mar
5
Ryan Aeronautical Co
Ryan Consolidated Petroleum
Ryerson & Haynes common
For footnotes
Jan
24 %. Jan
5
Rotary Electric Steel Co
Rowe (The > Corp common
Royalite Oil Co Ltd
z
3%
11,200
15
7%
American dep receipts for ord
reg__£1
Rome Cable Corp common
Roosevelt Field Inc
19,400
27%
91%
Texas Power & Light 77® preferred-100
Thew Shovel Co common
5
Union
Rochester Gas & Elec 4%
pfd F
Roeser & Pendleton Inc common
Rolls Royce Ltd—
3%
25%
91
*
Corp
8%
•
.1
Jan
91
25c
•
Inc
Co
Die
*
Oil
Finch
Tri-Continental
—
Jan
26%
1
Cement,
Portland
Tobacco
157%
23%
1
Jan
1%
14 V2
Mar
105% Mar
99%
107
6.25
2% Mar
.Tsn
75
11% Mar
25%
16% Mar
10% Mar
Jan
875
104
,
"?%
Corp—
Ray Drug common
Superior
Tampa
5
1
Richmond Radiator
Rio Grande Valley Gas Co—
(Texas Corpi v t c
3%
13
100
27'/a
1
34%
•
Engineering
3%
13
Feb
17
1 Va Mar
27%
*
5
I
Co common
Stop & Shop Inc
Stroock (S) & Co common
10
•
8,100
34%
Sterling Aluminum Products common.l
Sterling Brewers Inc
1
^Sterling Engine Co—
1
Stinnes
1
1%
13
13
*
ordinary
Canada
of
Co
totem
17% Mar
55
Steel
Trans
10
Jan
1
1
—
Jan
16^%
Jan
15%
1
Products Co
Standard
Jan
.
Jan
1%
700
~3
•
nrofd'i'Bd
*7
Jan
(ivy)—
Potfer &
Common
24% Mar
Corp
Forgings
7%
>
13 V2
7,800
~3Va
10
5%
103
3,200
2%
16 %
1 %
~1%
16%
1%
16 '/a
14
j,—1
Dredging Corp common
convertible preferred
Jan
—
&
15
2V2
.2.73
Standard
40%
*
R
Reliance Electric
Rice-Stix Inc
15%
Feb
2% Mar
28%
3%
Toklan
Rets (Robert) & Co
Jan
5
5
time
Jan
•
common
Feb
25%
—25
—1
Standard Cap & Seal common
Tobacco & Allied
$3 convertible preferred
2ys
1,100
—_
RrevMn"
Jan
109%
Tishman
•
Raymond Concrete Pile
12,000
28
1,500
Tllo
Raytheon Manufacturing common
Reading Tube Corp class A
;
Regal Shoe Co
2%
27 y2
30%
Mar
100
A
2%
27%
30%
6%
•
Jan
2'A Mar
31
1,500
35
2;%
1%
1,000
15
•
Railway & Light Securities—
Voting common
Railway & Utility Investment
Rath Packing Co common
3'/2
Feb
Feb
32%
14
of
Co..
Jan
29
Thorofare
Quebec Power
1%
2%
46%
11% Mar
Feb
a--
,;
,
preferred...
1%
1,000
Jan
32%
15
10
6%
500
2 %
8%
28%
15'
—
1
common
1%
3 %
Feb
6V8 Mar
46
250
18
4
•
Puget Sound Power & Light—
$5 prior preferred...
•
Puget Sound Pulp & Timber common._•
Pyle-Natlonal Co common
;
3
Pyrene Manufacturing
Quaker Oats
1%
3%
14%
1
1
12.50
——Id
Oil common
Pa
7%
17%
4 Mr
1
:
6,600
28%
Jan
17%
1,300
2fS
2%
16%
.2.50
Colorsdocumulative preferred
Feb
Mar
11
6,400
59%
„
5
•
Pressed Metals of
America—
Producers Corp of Nevada
Prosperity Co class B
6 %
1
100
common
6ya
46
Jan
2,30<J
5%
4%
2%
2.50
common
preferred
Service
12
24%
19-
10
common
30% Mar
6%
1
—1
—
common
otaiiua.u-moiusou
25c
Pratt & Lambert Co...
Public
11%
22%
2G%
13%
Jan
25
53%
350
18
2
common
Providence Gas.
11%
23%
1
50
Pittsburgh Metallurgical common
Pleasant Valley Wine Co.
Power Corp of Canada
27%
Feb
shares
—
Prentice-Hall Inc
56%
55%
.1
Jan
23%
26% Mar
37%
36%
5
10 *,2
3,400
25
25
25
2%
*
Pitney-Bowes Inc
Pittsburgh & Lake Erie
Pneumatic Scale
Feb
Corp
^Mfson—.
original preferred
cumulative preferred
4.56% convertible preference
4.48% convertible preference
4.32%
cumulative preferred
Southern Pipe Line
Southland
Royalty
Co
Speed Queen Corp conv class A
Spencer Shoe Corp
Feb
29%
4%
*
Pioneer Gold Mines Ltd
Piper Aircraft Corp common...
Polaris Mining Co.
Powdrell & Alexander
17
Jan
11%
107
common—_50c
Pierce Governor common
Plnchin Johnson Ltd Amer
Feb
Jan
107%
11%
37%
25% Mar
2,600
5%
Jan
24%
—
Philadelphia Co common
Phillips Packing Co
7%
44% Mar
50
2%
*
25Va Mar
13%
30'/a
25%
4,88%
Jan
Mar
3%
—
Boys (The)
1
Pepperell Manufacturing Co (Mass)—20
Perfect Circle Corp—
..—2.50
9,000
12%
29%
So"*hern
Jan
3
29
107%
26
12%
1
_____________
—
Manufacturing
boutliwest
-
,
100
2.50
——
Pep
700
25%
25 %
--
~4%
44%
45
1
A com—_•
Light 4Va%
"4%
—
25
Penn Power &
%
10'%
52
Patican Co Ltd—.——
—.—-2
Peninsular Telephone common
*
$1 cumulative preferred
25
$1.32 cumulative preferred
Pennroad Corp common
Penn Gas & Electric class
Jan
Feb
27,800
5%
1
25%
of
Manufacturing Co
§ Solar
Jan
~2%
*
Mills
15%
39%
5
Plymouth
Jan
24%
,
common
.—.
Co
gftlor
100
1%
5%
Patchogue
Feb
800
•
Parkersburg Rig & Reel
9%
4,200
105%| 106
2%
High
37% Mar
*
Co..
Jan
35%
—•
preferred.:
Pen
11%
>\—
1
25
100
Canada
•
Shoe Ccrp of America class A—_——•
Sick's
Breweries Ltd
*
Siiex Co common.
*
Simmons-Poardmar RnH'ieations—
$3 convertible preferred—.
•
Simplicity Pattern common.
1
fcuupson's Ltd class t$~.
—— *
Singer Manufacturing Co
100
Smaer Manuiacturing Co Ltd—
Amer
dep rets ord registered
£1
Smith (Howard) Paper Mills
L,
•
Jan
70)
275
34%
preferred
She4 win-Williams
Feb
13
pfd.—100
Paramount Motors Corp
6%
114%
17%
25
■
4%
Jan
17%
„
Mining
Sherwin-Williams
Jan
12%
X9
—25
Page-Hersey Tubes common
Pancoastal Oil (C A) vtc
Panatapec Oil <C A> Amer shares
'
45
33%
35%
redeemable 1st pfd series A
25
Pacific Lighting $4,50 preferred...—•
Parker
111%
1%
Jau
160
113V2 114%
3
5%
$1.30
Jan
41%
11%
1st pfd—.25
1st preferred—.>——
redeemable 1st preferred.
5%
1
525
17%
1
Pacific Gag & Electric 6%
5%% 1st preferred
5%
1,100
12%
O'okiep Copper Co Ltd Amer shares.
Pacific
l'/a
44
34
...
Inc
Overseas
43
114
*
5
*
common
Denn
Shelter Mfg Co
17%
United
Omar
43%
1
—1
Shawiniean Water & Power
l'/a
•
B common
1
Sentry Safety Control
Serrick Corp class B———
Jan
O
common
.1
-
Sentinel Radio Corp common
Shattuck
Ohio Brass Co class
Inc
B)
(R
8emler
Seton
Ogden Corp
Low
~
prior stock
Allotment certificates
8% Mar
15% Mar
*
1
5
25
$5.50
102% Mar
Jan
1
Segal Lock & Hardware
Selby Shoe Co
Selected Industries Inc common
Convertible stock
Jan
12 v»
Inc
Bros
Seeman
General
Corp
Securities
3% Mar
Feb
101
3,500
15% X16V4
•
Jan
04%
7%
U
Jan
2%
11
__
pfd- -100
Corp
Vi Mar
1,300
101 % 102%
—50
Serv
Scovill
24% Mar
Nineteen Hundred Corp common
1
25
*
1
(D A) Inc common
Manufacturing
Scullin Steel Co common
Schulte
Feb
Nipissing
Range Since January 1
High
29%
—25c
1
(Del)
feayre & Fisher Brick Co
Jan
9%
49
1
1
bavoy Oil Inc
17% Mar
13 Va
*
1
Joseph Light & Power wd
Lawrence Corp Ltd common
1st convertible preferred
Salt Dome Oil Co
,
Samson United Corp common
Jan
Mar
.♦
St
Feb
7'/2
St
Jan
Feb
Low
Feo
Jan
1
.
—
Shares
S
Jan
9 Va
—5
common...
common
for Week
Par
Shipbuilding Corp—
Founders
Range
oi Prices
Feb
Jan
2.)
— —
Merchandise
Northern
Mar
65
«***
l'/a
5
•
common
New
York
3% Mar
53%
Exchangw
High
% Mar
5)
1
common
Auction
3%
25
Land
Mining Co
New
amm
3%
1
„
<fc
Low
Sales
Weeks
Last
Sale Price
STOCKS
New York Curb
Range Since January 1
High.
— —
-20
Jersey Zinc
New
Low
1
convertible preferred
New
Ohio
5*1
for Week
Sale Price
Par
North
EXCHANGE
CURB
WEEK
Friday
STOCKS
New
FOR
Monday, March 27, 1950
CHRONICLE
FINANCIAL
Sales
New York Curb Exchange
New
&
United
United
Yards of
Aircraft
Chemicals
Corp
•
Omaha
Products
United
Light &
Rights w L
99%
Molasses
NJ RR
.
225
.3%
6.100
•
7
Railways
93% Mar
40
40
40
41
300
37,900
51%
40
37%
Jan
42 y8
Co
3%
3%
110.800
3% Mar
x8%
475
7% Mar
18 Va
18%
40
17 Va
Feb
Jan
Jan
A Jan
Jan
7%
Feb
Mar
Jan
Feb
3%
rets
70
33
7%
common.
100%
3%
48
39%
Jan
2% Mar
7,200
•'
participating preferred
Amef deposit
United
3
%
common
United Milk Products
75c
93%
64
~3%
warrants
United Elastic Corp
United
99'/a
100
common..50c
Mar
Feb
3% Mar
10
Jan
19
Jan
Ltd—
ord
& Canal
registered
100
236
Jan
242%
Jan
Volume
171
Number 4893
THE
COMMERCIAL
NEW
YORK
FANCE
Friday
Week's
Last
Range
of Price*
S hares
Par
United
Profit
10%
Sharing
United
Shoe
Machinery
7/8
6
700
6
%
50
10,500
Jan
% Mar
Jan
5
43
'A
44
43V4 Mar
49V2
41
VB
41 %
ltrtJ
*0%
Jan
42
13
300
12
Jan
137/b
Jan
1%
18 Vb
Jan
McCord Corp
~i%
1%
1%
5,100
iy8
1
16%
16%
17%
3,600
15%
Feb
4'A
4,200
S
Foil
Co
S
and
International
1st
ADebenlure
41%
10c
class
B
preferred
U
S
U
S Rubber
Radiator
Securities
with
*
Products
Utah-Idaho
Power
&
A7s
with
Altalian
Feb
Range Since
Sold
Jan. 1
High
96 'A
96%
36
57%
57%
1
No.
Low
Nov
Midland
96%
1952
coupon
1940
1
Jan-July
1952
High
88
98
Co—
1940
1
Superpower
—Mar-Nov
debentures 4%s 1956
52
53
13
49'A
Feb-Aug
1963
$30
Jan-Juiy
1952
coupon
6s
57%
102
102
1
101 y4
MM
63
M.—
MM
55%
103
Valley RR—
500
83%
Jan
1,500
41/2
Jan
5%
Feb
Milwaukee
1 %
200
11/4 Mar
11/2
Jan
New
1%
Jan
1%
93
1%
500
850
40
Feb
551/2 Mar
26%
100
25
Jan
28%
JaH
750
27% Mar
291/4
Jan
1% Mar
267/b
28%
3%
3%
6,600
2%
Feb
•
26%
26%
271/4
2,400
23%
Jan
Extended
Mar
55%
3'A
common-
Jan
Hydro-Electric
5%
,_5
Light
with Nov
53
55'A
10
common
Sugar
A 7s
Jan
41/2
Isarco
26 >/4
10
10
Co
37/s Mar
Jan
1%
50c
Insurance
92
certificates
e.crow
Mar
5%
5'/4
1
United Stores Corp common
Universal Consolidated Oil—
Universal
92
1
Reclaiming Co
Universal
37/e
•
warrants
common
Bonds
Bid St Asked
Interstate Power Co—
Mar
6
Friday's
or
Sale Price
Low
43%
Conditioning Corp
U
Last
..
Period
High
1
12%
Interest
New York Curb Exchange
25
common^
Week's Range
Friday
Low
29
24
BONDS
common
U
Utah
MARCH
25
Specialties
Air
$5
(1285)
EXCHANGE
ENDED
Range Since January 1
Hiah
ii
10
Preferred
S
Low
25c
common
preferred
United
U
CURB
WEEK
CHRONICLE
for Week
Sale Price
IOR
FINANCIAL
Safes
STOCKS
New York Curb Exchange
&
3%
Jan
at
4%
April-Oct
1963
to
Gas Light
4'As 1967
England Power 3%s 1961
Ohio Power 1st mortgage
1st
mortgage
Park
3s
Lexington
3'As 1968
3'As
103
106
4
105'A
105%
4
105%
107%
105'A
105%
106%
60%
$105% 106
Jan-July
98%
.
June-Dec
1970
1
12
106
April-Oct
April-Oct
1971
1st
63'A
104%
104
May -Nov
mortgage 3s 1964;
Pennsylvania Water & Power 3%s 1964
27 'A Mar
63%
105'A 105'A
Afar-Sept
98%
4
105% 105'A
$106
Jan-July
63%
98%
98%
105%
1.
106%
107
Piedmont Hydro-Electric Co—
A6%s with
A6
%s
Public
Valspar
$4
Corp
1
common
convertible
preferred
Venezuela
6%
Feb
6% Mar
72
72
10
68
Jan
72
•
Petroleum
31
31
50
27
Jan
4.
Vogt Manufacturing
4%
2%
20c
Inc
50-year
32'A Mar
1
Syndicate
5
1,700
5
Vanadium-Alloys Steel Co__
Venezuelan
6%
3
*
Mar
1,700
3%
Feb
4%
2%
Feb
3%
Jan
6%
13%
Borough Gas
5%s series A 1952
700
12%
Jan
13% Mar
Safe
San
Harbor Water
California
A
1%
7%
1%
7%
1,
—.
jw
—
Waitt
i
$2
Bond
&
Inc__,—
;
$Waltham Watch Co.
Ward
,1
preferred
cum
Baking
Co
vtc
i
w
8
&
Westmoreland
Weyenberg
Whitman
Wichita
Shoe
(The)
Williams
C)
Wisconsin
(F
American
6%
18 '
—
4'A%
pfd
W)
Jan
Jan
8%
Jan
114%
Jan
AStarrett
Jan
1%
5s-
-
32'A
receipts
a7-4s
Feb
18
2'A
Jan
7'A
3%
400
3y2
150
13y8
Feb
22'A Mar
Jan
8'A
14%
.
1%
Ill
Electric
1970
3%s
2%s series A
Central States Electric
debentures
2nu
Cities
United
Jan
12
Jan
Electric
A7s
1970
with
108 J/2
105
A7s ex Dec
A5s
Jan
Jan
16
1st
ref
mtge
ref
2%s series R
2%s
3s
105
10%
Feb
13
Q
ser
Jan
ref
mortgage
27/8s
ref
mortgage
27/es
.1st
(Bait
Gas
6s
Water
Ercole
Lt
&
RR
Elec
100%
Grand
Green
High
No.
108%
Low
107%
107
1
A
1993
104%
26
luJ
27
108
A
Mtge
6
91%
139
99%
(coupon
A6
%s
1
99%
100 'A
94
104
3
103
u
104
104'A
106
-Va
106%
107
104
105% 105%
"2
105%
106'/2
115
51
108%
115%
110'A
110'A
115%
$110'A
—
A6%s
A 7s
1956
-
60
14
55%
A20
7s Jan
year
Bogota
E
(Aug
series
A 7s
17
42
47
2
102
100%
117% 117%
—
Valley
Cons
7s
F
3
44
57%
58
60
12
57
63 Y<
60
130
103% 103%
103%
157%
20
102%
62
1
1953
5%s
External
5s
Danzig
Port
1954
•193
Mar-Sept
-June-Dec
1120
94%
1107
June-Dec
1959
91%
107%
320
120
101%
103
Period
(Col)
Week's Range
or Friday's
Last
Sale Price
Bonds
Bid & Asked
Range Sine*
Sold
High
Jan. 1
No.
Low
High
71%
71%
—
April-Oct
Jan-July
1946_—
1947
L
1948
t71l/2
—
$71'/a
„
-June-Deo
May-Wop
1953
City (Peru)
Maranh&o stamped
Interest reduced
„
„
56
46V2
6'As
stamped
91
__
91%
06
„
Feb-Aug
53 ya
79
88
13
92
4
77'A
3
7%
1958
.
Mar-Sept
8%
—
21-.
*
—
8
14'A
23
33
33
46'A
54
2'As
2008
May-Nop
AMedellin 7s stamped 1951
Mortgage Bank of Bogota—
A7s
(issue of May 1927)
1947
A7s
(issue of Oct 1927)
1947
AMortgage Bank of Chile 6s 1931
117%
118'/a
4s
'
May-Wop
$30
Mar-Sept
Jan-July
1950
1963
59
59 »A
—
62
61
■—
—
62
Denmark
99%
MM
104% 104%
—
10
103'A
1958_
$45
50
42
—Jan-July
42
—
8%
23
June-Dec
35
54
54
—
„
June-Dec
coupon)
Rio
de
Afay-Nov
April-Oct
1
$50
__
$50
$37
„
June-Dec
—
June-Dec
„
50%
„
—
$87'A
—
„
l"J'A
A
5'As
to
A)
,
2'As
37
89
,
2008
34%
34%
34%
5
31 Va
34%
24
Mar-Sepf
1997
Jan-July
23'A
24%
338
18%
24%
31
34%
stamped" (Plan A)
reduced
to
Government
2%
2012
6'As
3
$34
2%
35
3
46
2Y»
3%
3
Jan-July
Jan-July
-
1919
1921
•No
e
2%
3
30
2y#
3%
—
June-Dec
42
88%
a
transaction
n
„
Deferred
delivery transaction (not Included In year's range), d Ex-Interest,
in year's range),
f Ex-distribution, g Ex-stock dividend, h Ex(not included in year's range)
r Transaction for cash
range),
xEx-dividend,
yEx-rights,
zEx-liquidating dividend.
(not Included
Under-the-rule
included
in
43%
81
(not
value,
par
Odd-lot
principal.
~3
82%
~.
84
76%
86
91
1955
1957
93%
4
86
95
88
91'/4
13
83
year's
and
transaction
asked
prices;
no
,
sales being transacted
during current
week.
93%
2
86
95%
91'A
10
bJ
AEonds being traded flat.
92
91%
92
Jan-July
1952
1
89
Stocks
and bonds
& Co.
Bonds
—
10
SO
SReported in receivership.
'consolidated;
t
"cum,"
cumula-
c," voting trust certificates;
15
Rail¬
Util¬
trials
roads
ities
Stocks
10
First
Second
Grade
Grade
Util¬
40
Rails
ities
Bonds
Total
65
Gver-flte-Counier industrial Stock Average
10
Indus¬
20
Indus¬
trials
Rails
10
(35 Stocks)
Total
Compiled by National Quotation Bureau, Inc.
Date—
Range for 1950
Closing
March
18
208.09
55.70
43.69
75.13
102.91
106.21
92.09
105.66
101.72
March
20
207.78
55.25
43.67
74.91
102.80
106.22
92.14
105.66
101.71
March
18
March
21
208.27
55.21
43.57
74.97
102.82
106.30
92.17
105.65
101.74
March
March
20
22
•209.31
55.67
43.70
•75.39
102.86
106.25
92.28
105.59
101.75
March
23
209.62
55.58
43.50
75.36
102.80
106.31
92.06
105.68
24
209.78
55.30
43.35
75.26
102.85
100.26
92.09
105.65
computed by dividing total prices by
13.9; Utilities, 14.1; 65 Stocks, 43.2.
are
the following:
6
35.13 Jan.
4
21
30.52
22—_
36.54
23—1
36.68
March
Industrials 8.92; Rails,
36.70 Mar.
Low
-March
•
High
36.57
March
101.71
36.47
:
March
101.71
March
24—
36.57
Range for 1949
-
High
Low
—
35.20 Dec. 31
27.79 Jun.
15
"
one-half
share
of
50%
37
80
90
—
(ser A B C D E)
Janeiro
A Russian
100
104%
mmm
87%
$84
Feb-Aug
coupon)
divisors
?
-
1972
5s
- $34
__
Sec—
1952—.
NOTE—Averages
8^
62
.
li
(Plan
reduced
(Republic of)
1%3 to 2'As
—
52
15
$99% 102
June-Dec
stamped
Interest
Peru
Bank—
coupon)
Date—
88
"
4
Jan-July
(Plan A)
to
Mortgage Bank of
$53%
Loan—
1955
ALima
103%
RR—
on)
1941
1941
Interest
Stock and Bond Averages
new
97
107
120%
102% 103
Feb-Aug
& Waterways —
6%s stamped 1952—:
AExternal
Interest
$57%
Below are the daily closing averages of representative stocks
listed on the New York Stock
Exchange as compiled by Dow, Jones
-•The
103%
63
62
130
Exchange
Municipal
External
*
May-NotJ
1957
1941
(July
46%
Mortgage Bank of)
(see
Danish
60 y4
47
45%
102
—Mar-Sept
1953
1955
(Dec 1
series
A7s
A7s
Power
C
46
Union—
7s April
Parana
59
59
May
market
series
58
1956
I960-
Mortgage Bank
$Friday's bid
International
5s
debentures
A20-year
100%
$105
-Jan-July
coupon
Ry
Western
Ex-coupon
f
s
Agricultural
111%
91%
}"*Yb
115
Co—
Mountain Power.3%s
series
45%
Low
106%
•
6s
7
June-Dec
1956
BONDS
ACauca
104
104
May-Nov
1993
coupon
Western
&
46%
•WO*
100'A 100%
.—April-Oct
1961
Guantanamo
debentures
New York Curb
106
105
1
108%
103%
8
__
RR—
1940
Residential
Trunk
46
High
"7
2
91%
104 %
1976___Jan-July
1981—April-Oct
ilfay-Nov
1954
5s
1947
5s stamped
T
U
1965
Mfg
A6%s
Nov
90
_*
Foreign Governments and Municipalities
Jan. 1
City)—
3%s
1
Finland
series
series
4s
A6%s with Nov
ex
96
140%
79
Division—
J
Fuel
Marelli
coupon
coupon
Newspaper
conv
Range Since
Sold
111% 111%
Jan-July
series
4 %s
of N
&
89 V*
131
8
Friday
Bonds
04'A
91 %
April-Oct
mortgage 4s series B
Gas
Elmira
'•
1976
Western
mortgage
A 1st
Eastern
1947
Traction
Jan
2
—
1962
mortgage
Lackawanna
6
14
SO
Co—
1940
1
1
income
Penn
Feb
4%
1% Mar
106% 100^/4
106%
Jen-July
1981—
1st
&
95
■"
90
Mar
105
104
Jan -July
1977
(Bait)
1st
Lack
94
HO
Jan
$163% 180
Mar-Sept
debenture
1st
General
Service
Dec
Western
106%
14
$104% 105%
Registered
Delaware
106%
April-Oct
1946-
32'A Mar
Friday's
or
June-Dec
1947—1978
of
Consol Gas El Lt & Pwr
Consolidated
101%
106%
Waldorf-Astoria Hotel—
Authority—
2 "As conv debs
106%
101%
140% 140%
140%
•
Jan-July
West
Bid & Asked
June-Dec
Corp 5s debs 1948—Jan-jiny
series
Co
104
:
.
Washington Water Power 3 'As 1964
100 Vb 100'A
Service
stamped
Week's Range
Sale Priee
1964
1954
Transit
revenue
' <
4% Mar
3,300
Last
Period
Jan-July
Bell Telephone of Canada 5s series C 1960_Jfay-Nov
Bethlehem Steel 6s Aug 1 1998
Quar-Feb
3%s
Corp—
12% Mar
4
•
Interest
Appalachian Elec Power 31/4S
Chicago
105
$106%107'A
-
-April-Oct;
April-Oct
-
14'A Mar
1,500
Low
51/2S
104%
3
105
1989-2—i—p.—May-Nop \.
1966—*
Jan
500
13
105%
106%
2
105
105
__
109%
104%
105
*
101% 101%
Feb-Aug
1950—
5s
trust
29% Mar
3,100
Friday
Edison
1970
Jan
MM
lii
BONDS
Boston
_April-Oct. ;
—Jan-July
—
12% Mar
ww
32%
105
105
108%
31
—
Hydro-Electric Co—
—
•
Ltd
New York Curb Exchange
City
1970
1
105 yB 105%
1106 Vb
%s with Aug 1 1940 coupon 1953——Feb-Aug
A6%s ex Aug 1 1947 coupon 1953
Triborough Bridge & Tunnel Authority—
2%s revenue 1969
,
—Afay-Nov
Feb
6'A
5% Mar
9% Jan
*
Jan
3%
17% Feb
13%
12%
——
_
Hargreaves
Atlantic
3y4s
stamped 1946——
(Hugo)') Industries—
__
Wright
105%
„
108 Ye 108%
105%
A 6
104'A Mar
13
-104%
1102%
Feb-Aug
3rd
Stinnes
21% Mar
150
14%
14%
8
Inc
(Hugo)
A7-4s
17%
—
2
Stinnes
20'A Mar
•
29%
160%
104% 104%
(Calif)—
1971
& Bros 5s
Corp
collateral
Terni
500
——
Gas
Gas
3s
t
1973
B
Spalding (A G)
Jan
6%
—
Feb
5%
3%
series
3s
California
motrgage
i
Southwestern Gas & Electric 3*48
l'A
-
-
Mar
10'A
13%
163
162% 162%
Ltd—
deposit
preference
Feb
28
700
—
61
28% Mar
400
8ya
5%
13%
25
—
M
Counties
172'A Mar
100
21 'A
10
"lOO
...
ref
Southern
1st
1965
Jan
Feb
100
8
60'A
104%
-
May-Nou
Afar-Sept
Mar-Sepf
Jan-July
1981
1952
3s
Jan
Feb
25
21 VB
•
common
and
Edison
1973
1%
Jan
125
3'A
8
—25
Lt
y«
24'A
3'/4
Corp 3s
11%
158
290
18
—
62
162 %
April-Oct
Feb
112%
——
20%
__
Industries Inc
Wool worth
172%
.
20%
1
—
w
&
10
29
—1
common
Pwr
165
—
Co_
Petroleum
•
Feb
it Mar
-<-7% Mar
1,900
-
«
Inc
w
Feb
Jan
110'A
9%
-
--
*
common
preferred
Woodley
8%
114
28
5
...
preferred xw_„
Wocaall
7%
114
1
_
5%
Elec
3,100
28
Corp
5%
Winnipeg
16,500
172'A
1
Co
&
Brothers
Jan
4%
-
.
.
Mfg
Products
Wilson
li
6%
2%
9'A
-
1%- Mar
-
--
1,150
—
&
109
.
2,600
ii
8
ZI20
——
Corp
(R
Willson
1%
11
Jan
-7% Mar
-
,w
,
•
Stationery com.
Oil
River
Wickes
.
5%
A—
*
Inc
(Wm)
*
1 %
-
-
1,600
ii
—
-1.25
Manufacturing
•
Utilities $6 preferred.
Western Maryland Ry 7% 1st pfd. "IIoo
Tablet
300
..
•
1
Texas
Western
1%
10%
'
.
-
6'A
—
Wentworth
Westmoreland Coal
—-.
.
•
11
1
warrants—
Warner Aircraft Corp
West
—
.1%
—30
:
series
Southern
•
,—,—
Jan-July
1998
Joaquin Lt & Pow 6s B
1st
.
157%
130
1960
Co—
Electric—
&
Power
3Vss
W
Wagner Baking voting trust ctfs ext—•
7%
-100
preferred
Gas
April-Oct
1960
coupon
coupon
debentures
Queens
Southern
Waco Aircraft Co—
1940
1
1947
1
Electric &
Jan
800
Oct
Oct
ex
Service
for
the
Procter
"
30
&
industrials and
Gamble
for
common
the
stock
65
for
'
'
stocks-give-effect to the distribution of
each
share
...
held.
MM
.v.Jt
30
COMMERCIAL
THE
(1286)
&
FINANCIAL
CHRONICLE
Transactions at the New York Curb
Transactions at the New York Stock Exchange
and Mitcel.
Bonds
607,630
3,185,400
3,194,000
2,005,970
4,058,000
4,573,000
Sales
405,000
$3,000
556,300
1,568,180
3,629,000
$19,944,400
—
30,000
360,000
9,025,990
Total
(Number
Bonds
$1,000
570,000
2,020,460
Stocks
Bond
419,500
1,398,790
Total
Government
$165,000
1,424,930
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
$1,305,000
United States
Bonds
Foreign
Bonds
Shares
Week Ended Mar. 24,1950
Int'l
Bank
Railroad
Stocks
$2,475,800
$1,000
$33,000
Week Ended Mar. 24, 1950
Saturday
Monday
Tuesday
Wednesday
Thursday
FHrf*y
_
386,615
6,000
171,000
551,000
1,653,100
29,841,880
21,797,050
19,944,400
12,986,000
235,147,700
165,046,300
$14,650,100
$265,258,780
150,000
145,000
11,000
269,000
92 000
85,000
17,000
194,000
606,960
104.000
76,000
100,000
58,000
4,000
162,000
2,563,580
$499,000
$463,000
$62,000
$1,024,000
_
Total
a
1950
180,000
Jan. 1 to Mar. 24
1949
2,563,580
1950
963,185
1949
23,145,138
12,822,005
-
Bonds
•
Domestic
$187,673,850
Industrial
&
20,000
113 000
465,410
_
$279,500
$98,200
$5,000
33,000
$22,454,200
Railroad
67,000
453,765
...
51,573,549
105,442,282
4,225,150
$1,000
$69,000
.
Week Ended Mar; 24
2,475,800
Foreign
Total
$10,000
483,215
_
„
Stocks—No. of shares
Bank
International
63.000
-
$22,454,200
Bonds
U. 8. Government
Foreign
Corporate
$32,000
$27 000
167,315
_
1949
1950
1949
9,025,690
Foreign
Government
Domestic
Shares)
Total
Stocks—No. of shares-
Bonds (Par Value)
of
$1,471,000
3,604,900
3,753,300
4,628,000
5,008,000
3,989,000
Jan. 1 to Mar. 24
Week Ended Mar. 24
1950
Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Number of
Monday, March 27, 1950
;
$916,000
$9,236,000
403,000
89,000
4,889,000
62,000
108,000
702,000
557,000
$1,024,000
$1,113,000
$14,827,000
$12,131,000
/"
Foreign government
Foreign corporate
$499,000
"
r
Total
$9,417,000
.
2,157,000
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK ENDED MARCH 24
Week'*
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
Boston Stock
Exchange
Par
Friday
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
STOCKS
Par
American
Agricultural Chemical
American Sugar Refining,—.»—
100
Tel
American Tel &
American
Anaconda
——•
50
pfd
100
100
28
Woolen
Copper
Bigelow-Sanford Carpet 6%
Boston tu Albany. RR
Edison
Boston
_
Low
*
100
High
low
High
Jan
42%
mmms
"155
43%
116
40%
Feb
45
47.
m-mm
50%
235
38%
Jan
50% Mar
151 %■ 155
22%
116%
48
49%
32
Jan
31%
Jan
502
.*
28
Mar
15
114%
49
155% Mar
Jan
21% Feb
208
28%, 29
114
115.
'
146%
4,064
%.
22%, 23
•115
— —
National
Bange Since January 1
114
Mar
120
Feb
229
107
Jan
117
Mar
45% Jan
50
Feb
2,339
14%
100
—
14%
14%
7%
100
5%
100
100
100
•
100
prior preferred
—
cl A 1st pfd stamped
class B 1st pfd stamped
7% class C 1st pfd stamped
8%
Boston Personal Prop Trust
Boston & Providence RR
Calumet
Cities
&
Service
——:
Eastern Mass Street
6%r 1st
5
10
Hecla
100
100
*
Inc__
SS Lines
Employers Group Assoc
•
First National Stores—
General Electric—.
Safety
Cos
New
England Tel
N
New
71%
'
—
Shawmut
60%
6%
U
40%
64%
10
36%
Feb
41'/*
21%
Jan
40
40%
170
Jan
215
667/a Jan
41
10%
Jan
50% Mar
55%
86%
433
70%
Jan
47%
Jan
52
Jan
94
218
17%
17%
7%
420
18 %
16% Mar
'
Detroit Stock
Ford
95
93%
95
550
92%
Feb
96%
7%
Jan
10
Jan
70c
17
9%
42c
16c
29c
100
17%
5%
Mar
Jan
16% Jan
619
5%
412
5%
Feb
■30c
1
Cincinnati Gas &
Rights wi
Cincinnati
Electric
18% Mar
6%
15
Jan
16% Mar
Altes
Jan
23% Mar
American Metal Prod
394
33
Baldwin
1
22%
170
22%
Briggs
Cincinnati
44% Mar
Consolidated
81
13%
Feb
30%
Jan
14% Jan
34% Mar
Consumers
639
40%
Feb
Jan
Davidson
25
Street
Union
Found
Power
Range
for Week
of Prices
Shares
Gibson
:
Randall
S
5%
715
589
73%
128
12% Mar
5
Feb
Feb
35
Mar
1 % Mar
28%
5%
Jan
Hoskins
Howell
Kinsel
Drug
Co
Mar
65
Mar
LaSalle
2
25
2
Mar
2
Mar
Masco
53"%
Jan
60
24
Feb
25%
12
12
30
37
40
46%
46%
6
Feb
"34%
34%
25
151% 155%
154
32%
32%
33%
29%
McAleer
—
12%
Jan
100
3%
Feb
Mar
6
500
4%
Jan
260
21%
Feb
160
1%
Jan
41%
1%
42
411
2
2
40O
2
1%
1%
340
1%
1%
41%
1
4%
*
Motor
Feb
Feb
20 %
National Electric Welding
National Stamping common
2
Jan
26%
Feb
Packard Motor Car
11%
Jan
32%
Jan
1%
•
14
Jan
39
Mar
47%
Jan
Park
Products
13
4%
Feb
Feb
Jan
Chemical
Brewing
Mar
36
Rudy
1
Jan
155% Mar
349
26%
Jan
33% Mar
Scotten-Dlllon
Feb
30%
Jan
Soss
66%
Feb
78%
Jan
Standard
31%: Jan
44 % Mar
Columbia Gas
•
13%
13%
975
11%
13% Mar
8%
8%
70
V*
33%
34%
259
36%
36%
10
34"%
•
46%
46%
47%
197
41 %
10
77%
76%
77%
355
68%
Jan
78
9
Feb
Manufacturing
Union
Jan
38%
United
Jan
47% Mar
Feb
Feb
B
common
Timken-Detrolt Axle
Udylite Corporation
34% Mar
1
Tube
Investment
States
-
Radiator common
Preferred
Wayne Screw Products
Feb
1%
Jan
1%
Jan
300
1%
Jan
2
Feb
600
3% Feb
4% Mar
100
7%
7
Jan
2,700
1%
Feb
1%
7
525
6%
Jan
7
1%
233
1% Mar-
400
28
Jan
Feb
Jan
Mar
1 % Mar
32
Mar
100
3
Jan
3%
3%
3%
820
2%
Jan
3% Mar
3%
295
3% Mar
4%
2%
100
2%
Jan
2% Mar
936
35%
Jan
39% Mar
2
500
2
Feb
37%
Jan
2%
44%
387
2%
600
2% Mar
3
6%
275
6% Mar
7%
3%
3%
6,075
2
Jan
12%
%
Jan
44% Mar
43%
6%
3
Jan
Jan
39 V*.
2%
43%
10
Superior Tool & Die
Feb
2%
3
2
5
Manufacturing
Jan
Mar
32
2%
2
146%
'
39
1
*
42
Feb
Mar
3%
~3%
1
(H W) & Co
River Raisin Paper
1%
3
1
•
Peninsular Metal Products
.
Jan
7%
24
32
*
Parke, Davis
28%
13
.3%
13
24
1%
,—10
Jan
97
38.
common
59%
Jan
.
511
485
.
G
1%
89 %
30%
10%
24
•>
1%
1
16%
102
page
3%
y
2
Jan
536
see
„
Products
56% Mar
73%
For footnotes
12%
3%
1%
44%
5
Jan
65% Mar
43%
Electric
13%
Jan
72%
Motors
13
59%
29'/*
General
13
6%
72%
General
Jan
1
29V*
Federated Dep't stores
Feb
6%
Michigan Bumper
Michigan Sugar common
10
34
Jan
4% Mar
Mar
25
7
4%
280
47
8%, Jan
3% Mar
Jan
Jan
7% Mar
5
l
Manufacturing
—•
1
Feb.
'■ -2
—10
Preferred
City Products
1
Jan
5%
13
2%
Jan
Feb
22 %
Jan
Jan
11%
1
S)
(S
Screw
Cities Service
13%
Jan
Feb
46
34% Mar
44c
Jan
1%
46% Mar
Jan
Jan
5
v
1
1
Rickel
154%
Curtlss-Wright
Day Power & Light
*_
Wines
Pfeiffer
•
Feb
2
7
Jan
Stocks—
American Telephone & Telegraph—100
Armco Steel
10
11%
600
4%
Jan
7
320
1 %
15%
220
—
.
12
1,250
4%
80
36
Jan
Jan
Feb
4%
350
3%
7
146
—
Jan
23% Mar
2
1
250
20
270
i"
.
10%
McClanahan Oil
3,735
12
7%
Mar
58%
—
9%
30c
3%
13
1
7%.
13
15%
210
7%
8%
Jan
200
5
12
12% Jan
85%
Chesapeake & Ohio
'
44
26%
22
300
10%
*
2%
.
—
1,587
56%
Stores
;
...
13
.
King-Seeley
Feb
65
26
1-
5
Kaiser-Frazer
75% Mar
13%
59%
—
300
21%
4%
12
.1
—i——'
Motors
62
310
5,954
35c
21%.
12
—10
Manufacturing
Electric
35c
35c
1
1
Lansing Stamping
65%
Feb
Feb
Kresge
5
35% Mar
Jan
7%
11
1
Corp
Feb
84%
*•
Gerity-Michigan
Jan
15%
•
Feb
2%
47
11
1
19%
47
11
Finance
2% Mar
10
23%
General
15% Mar
70
23%
1
7
100
23%
1
-
Industries
396
13
Jan
6%
7
7%
Manufacturing class B
2%
58%
50
3%
Wood
16%
15%
•
21% Mar
Gar
2%
24%
33%
422
35%
6%
7%.
Gemmer
15%
*
B
High
15%
*
—
Printing common
1
Allied
Jan
64%
Preferred
Unlisted
Feb
ig Mar
64%
Rapid
U
30%
26%
12%
i
class
6,670
60
554
1,440,
35%
2% Mar
Hoover Ball & Bearing
13
20% Mar
7%
Jan.
24%
Jan
Feb
7%
59
20
20%
Jan
5% Mar
———-——*
Gamble
&
Feb
2% Mar
75%
13
100
20%
6%
Feb
2
67% Mar
1,112
2%
34%
5
Jan
Feb
67%
240
Feb
50
Jan
15
63%
66%
700
32%
457
86c
Jan.
6%
3
iiV
32% Mar
Mar
14%
425
2%
34
27%
Jan
77c
1,000
82c,..
14%
20
Goebel Brewing
Graham Paige Motors common
Hall
Lamp
1
33%
29%
31%
Jan
6%.
Jan
32%
283
80c
...
6%
2%
18
166
11% Mar
Jan
1
Jan
6%
16% Mar
Jan
5%
1
1
15%
75%
50
—;
w
19%
12%
-*
Preferred
New
42
Jan
10
14%
1
200
27%
*—10
Procter
Low
576
13%
512
8
Mfg
18
5%
*
,—
Lunkenheimer
2%
&
34
*
common
Kroger
21%
485
1
Fruehauf Trailer
Range Since January 1
High
75%
•
common
Art
2%
15%
11%
454
.10
;
common
18
6
Hobart
Kahn
20%
15%
10%
31%
6%-
High
11%
1
Bros
Gasket
Low
6%
•
Paper
Range Since January 1
High
6%
•
25
Brewing
Ale Brewing
Friars
12%
10
Low
Detroit-Michigan Stove
Sales
Low
5
Shares
Frankenmuth
*
Insulation
Inv
Exchange
50
Stockyard
Crosley Motors
Eagle Picher
Formica
Detroit
Week'a
%
Cine & Sub Bell Tel
Cincinnati
Exchange
for Week
•
Manufacturing
37% Jan
145
14
Jan
61% Mar
49%
41% Mar
43%
34%
25
1
Rubber
Jan
43%
13%
Jan
43%
90
34
Feb
36%
I
Brewing
Brown-McLaren Mfg
Burroughs Adding Machine
Chrysler Corp
41%.
34%
Mar
53% Feb
525
41%
—
34% Mar
Sales
Range
of Prices
2
34
2,216
32%
Jan
32% Mar
Exchange
Week's
Par
Jan
20%
60%
10
'
" V ./
Last
185
24%
common_8%
Machine
Jan
Jan
Sale Price
STOCKS
569
44
—
Milling
25%
30%
DETROIT
' f
Friday
15%
59%
—
700.
36
WOodward 2-5525
Detroit Stock
13 % Mar
23%
43%
34
*727% Mar
Chicago Stock Exchange
+
33
2%
13% Mar
33% Mar
'20
-
I
15%
20%
-
New York Curb
•-»
22%
Last
—
32%
Exchange
Telephone:
Jan
42c
20
63
34%
Exchange
Feb
9%
22%
*
—*
*
31-%
34%
32
t
Jan
55
1
Brewing
Champion Paper
Churngold Corp
Jan
Jan
-
Jan
Jan
10%
Friday
American Laundry Mach
Feb
25%
-
Building
Jan
3,077
Cincinnati Stock
Burger
23%
-69%
34%
Detroit & Cleveland Navigation
Detroit Edison
Balcrank
Jan
Jan
9% Mar
Jan
2,900
Par
11%
66
33%
Jan
17c
Sale Price
-17% Mar
54% Mar
58% Mar
195
9%
43%
STOCKS
.'.15% Feb
21 %
wiii^
m, m
31 % Mar
Jan
•163r
•
11% Mar
13%
34
12%
113 '
27%
86% Mar
10
12%
5%
7 26%. Feb
*16 -Feb
•
235
27%
—12.50
....
•
11% Mar
104
•
.10
f
Jan
18 V Mar
Jan
Members
39% Mar
12%
17
i-A
13%
K
: 23
69%
New York Stock
47% Mar
Jan
942
25
12150
Jan
33%
11%
14
Corp
X36
16C
—10
Inc
Electric
59% Mar
52
54%
.
174-
4"%
Jan
Watling, Lerchen & Go.
74% Mar
57
•'**?-*
344
69%
(new)
Electric
13%
13%"
50
153
-
28% Mar
16%
9%
•
40% Mar
74%
8%
25
Waldorf System
17%,
24% Feb
60
59%
Co
15 %
177.-
-
34% Mar
;
3% Mar
Jan
75
60%
IIII5
common
31%
14.%
Xf
22%
<■■■£..
Feb
38%
22%
60%
54%
17C "
30%
14%
",
Jan
26% Mar
»
120,-.
30%
•;
32
67-..
111—25
1
17%
10%,
r.
13% Mar
Jan
38%
56%
"•
II
—
B__.
Steel
10%
,
38% Mar
Jan
78%
Feb
79
86
—
Drill
Westinghouse
66%
11%
mi*
Inc
Machinery
Rubber
320
50%
—.
•
preferred—
S
73%
S
17%
j
—
(Ohio)....
Westinghouse
17;:,
High
Feb
11% Jan
40
*
—5 A
*
Brands
(N J)
U
3%
•
;
Co
R
28%
$■*
L—13
.„jr-
Standard Oil
Timken
34%
3%
17":
.33 %C
—
Oil
34%
28%
:
50
Radio Corp
Socony Vacuum,
Southern
120
34%
8
„
Car
32%
Jan
73%
-
IIIII
50
Assn
Shoe
Oil
251
28%
...
..
Motor
Pennsylvania RR
Pepsi-Cola
Pure
94
13%
4% Jan
3% Mar
467
—2.50
Co_._.
Twist
100
2,314
United Fruit Co
United
OH
38%
-
Mar
79
22%
38%
—
2.50
Torrington Co
Union
3%
39%
—100
& Tel
Hartford—- —100
Stone & Webster
3%
5
22
Jan
66
180
71%
3%
4% Mar
70.
47%
&
Pennsylvania RR
Drug
75
19% Jan
200
39%
20
System
North Butte Mining
Rexall
5% Mar
5
21
46%
1
England Electric
Haven
5%
5
21
47%
5
New
Y
Jan
Jan
•
Association
Nash-Kelvlnator
Service
5%
6
•
Linotype
Narragansett Racing
National
4% Mar
5
39%
preferred-II100
5%
Mathleson Chemical Corp
Mergenthaler
33% Mar
300
5%
~5
•
RR
40
4%.
•
1
Co..
Kennecott Copper
Central
34%
—*
—
Razor
Hathaway Bakeries __J
Maine
Jan
4%
•
Gillette
39%
33%
V*
Edison
Ohio
Packard
Ry—
preferred series A—
bio preferred adjustment
Eastern
r
Ohio
Low
38%
38%
Range Since January 1
High
13
Standard
14% Feb
14% Jan
210
Boston & Maine Railroad—
f
Register.
York Central..
New
Standard
Boston Elevated Railway—
Stamped
Cash
Low
0
12%
220
12
Feb
Vz Mar
Jan
Jan
3% Mar
13
Jan
8%
505
8
9%
Jan
1
2%
2%
300
2%
Feb
3
Jan
—1
2%
2%
500
2%
Feb
3
14% Feb
16%
Jan
11%
Jan
I
5
1
8
14%
14%
14%
115
10%
10%
11
968
10
Feb
300
8
Jan
8%
4
1
50
1
8%
~5%
37
5%
36
%,
1%
8%
5%
37
1%
200
4%
Jan
270
33%
Jan
2.100
1% Mar
Feb
8 % Mar
5% Mar
37
1%
Mar
Jan
Volume
171
Number 4893
THE
COMMERCIAL. &
FINANCIAL
OTHER STOCK
RANGE
Los
Friday
"
:
4
\
Admiral
Alleghany
uoia
iUn)_„
(Un)
M.ig Co
Airlines Inc
American
American
Power &
Radiator
Lt
Co
Tel
American
Viscose
Tel
&
Anaconda
Armco
Co
Co
Steel
Armour &
Manufacturing
Corp
Petroleum
Barker Bros
al09%
Preferred
Barnsdall
Oil
—
Consolidated
Co
—■
(Un)_i.—-_
Bendix
Aviation
Bendix
Home
Corp (Un)
Appliances Inc—
Diamond
Blue
Borden Company
Co
355
28
Mar
30%
Jan
33 V2
516
28%
9 %
610
Jan
33% Mar
8
Jan
9% Mar
111% Mar
90
11%
Feb
37%
Jan
690
7
104%
245
•
5%
Jan
7%
Feb
Mar
13%
Feb
542
10
40
Feb
10'%
Jan
11% Mar
3%
Jan
7% Mar
170
17
Jan
20
Feb
Pepsi-Cola Co
Pure
Oil
Co
(Un)
Rexall
Oil
Rice
Gas
&
Drug
Rheem
Ranch
Oil
Richfield
Jan
38% Mar
Jan
25c
Jan
Oil Corporation
Ryan Aeronautical Co
j
Feb
56
Feb
Safeway Stores Inc
ll7/e
1,610
10
Feb
13
Jan
St
42%
203
35%
Jan
42%
Feb
Schenley
10%
200
10% Mar
1% Mar
35
1,305
31%
Jan
8
1,390
TV*
Jan
•
9%
35
Jan
Mar
59%
Regis
Paper
Co
Sears Roebuck
8%
Feb
Jan
Sierra Trading Corp
Signal Oil & Gas Co class A
59% Mar
Signal
Petroleum
9
9%
4,697
7%
Jan
10 Ya Mar
Sinclair
14%
1,410
12%
Jan
14% Mar
Socony-Vacuum
*
40
40
150
14%
15
410
Oil
Packing
Case
Corp
Cessna
Co
25
Corp
z
(Un)
Cities Service Co
17%
60
1,195
63 Va
Jan
67%
Jan
a71% a73%
175
67%
Feb
76%
Jan
4 Va
2,453
4%
Feb
15% al5%
10
15^a
Jan
17 Va
Jan
16% al6%
74
17%
Jan
17%
Jan
13%
287
11%
Feb
13% Mar
17
35
17%
Feb
19%
a32% a32%
85
30%
Jan
32% Mar
90c
1,000
80c
Jan
1.05
a72%
3%
a
20
a
Commercial
Solvents
Chollar
Corp
Edison
Commonwealth
Cons
t
Gould
Consolidated
Vultee
N
(Un)
Aircraft
1
(Un)
__
1
13%
Douglas Aircraft Co Inc
a
du
Pont
de
Electric
Bond
Electrical
Share
&
Products
Emsco Derrick
&
Exeter Oil Company
FAR
Co
8%
1
68%
Ltd
Stores
1
Florida
Power
Garrett
Light
General
Foods
General
Motors
General
(Un)
Public Utll
Corp
Gladding
Goodrich
10
common
(Un)
pfd (Un)
Hilton
Hotels
Holly
Development Co
Company
Foods,
Co
(Un)
Exploration
Petroleum
Intercoast
Corp
International
Paper
Co
Oil
Co
Kennecott
Kern
&
Co
Corp
Jan
13
Jan
14% Mar
1,650
28
304
155
10%
37c
%
1,330
115
505
17%
302
9%
Jan
Feb
13%
Jan
46c
IV*
307
Jan
Feb
Feb
10% Mar
42%
133
49 %
Jan
Jan
Jan
19%
47
Feb
Feb
69 %
Jan
89
16%
Jan
18 V8 Mar
24'%
155
22%
Feb
24V, Mar
125
a__
—
Feb
41%
41'%
110
41% Mar
42%
Jan
10%
10%
935
10%
11%
Jan
101'/a
103
911
11%
11%
285
1.75
1.60
1.75
14%
14%
liy4
11%
11%
a2%
a2%
101
Jan
Mar
11% Mar
51
Mar
112%
Jan
a37%
12%
Jan
3,100
1.55
Feb
1.85
13%
Feb
15%
Jan
11%
50
2%
Jan
2%
35%
Jan
38%
5c
4,600
3c
Feb
7%c
11%
8,037
9%
Jan
2.20
2.25
4,900
a25% a26%
169
27
38% Mar
38'%
38'%
330
11%
12%
990
a6c
a6c
300
2.10
9%
10c
Jan
Mar
Jan
Mar
2.30
29
220
26%
Feb
30% Mar
15'A
2,347
12%
Jan
15%
Co Inc
500
8%
Feb
9%
Feb
25
4%
Feb
5'A
Jan
a26'A a26%
299
23 Vs
Jan
27% Mar
25
a26%
23'A
19
25
20,389
11'A
Jan
5%
5%
365
5%
Feb
1
a21
a21
75
20%
Jan
50c
50c
800
40%
42%
3,433
37%
Feb
5%
5%
187
5%
Jan
6 Vs
a34% a35'/s
208
30%
Jan
36 Vs
50c
42'A
(Un)
Company
1
13 V*
4.32%
4%
Jan
7%
16%
Jan
17%
Southern
Calif
Southern
51
45%
630
51
Jan
54%
45%
Jan
47%
7% Mar
31
31
560
30% Mar
33%
Feb
20'A
20%
2,089
19
Jan
21Vs
Feb
a63% a68%
173
51
Jan
51
41'A
Feb
44 % Mar
35
Feb
37'A
437/s
44%
1,135
a387/s
a39
75
44%
5c
600
26
a7%
50
*
23
Jan
7%
Jan
26
Southern
Pacific
Gas
South
Middle
Utilities
1.20
1,050
1.15
Mar
28
410
24%
Jan
29%
5c
1,000
4c
34%
1.642
31%
ai8c
500
23%
24%
2,638
22
Jan
24% Mar
17
17'A
1,412
16
Feb
17'A Mar
17
al4%
747
16% Mar
18%
Co
6%
25
&
Power
Minnesota
227
24%
Jan
26%
Power
Montana
+
796
11%
Jan
20
v
500
72%c
Jan
95c
a40% a40%
25
41%
Feb
41%
35%
650
1%
Jan
2%
17%
85c
85c
a40%
1%
70c
70c
19%
19%
.1
1.40
National
York
New
Nordon
(Un)_:
Corp
Central
RR
(Un)
*
Corporation Ltd
American
North
Oil Cons
Pacific Railway Co
Northrop
Aircraft
Inc
Petroleum
Ohio
Ohio
Edison
Oil
Pacific
Pacific
For
Company
Clay
(Un)
Finance Corp
see
•
—.10
of Calif.—
page 38.
10
17%
Jan
20 % May
267
33% f
*-
100
2% Mar
3
Jan
*
790
22 % Mar
23
Mar
.*
57
301
54%
58%
'
17%
57
1.50
17%
1.50
—
23%
"
a7% a7%
' a 13% a!3'A
15%
36 Vs Mar
Jan
a27
50
313
29 %
Jan
30% Mar
a28% a28%
30
28%
Jan
28V,
a35% a35%
10
34%
Feb
35% Mar
670
11%
Jan
13% Mar
60%
Jan
53%
Jan
13%
13%
52
53 %
31,145
Standard Brands Inc (Un)
•
•
Standard Oil Co
Standard
Stone &
Oil
Calif
of
Co
(Ind)
Co
(Un)
Inc
21
61
209
42%
66%
Jan
69%
21 Vs
Jan
23'A Mar
26%
Jan
303/s Mar
12%
12%
2,451
103A
Jan
12%
Feb
100
19%
Jan
21
Feb
a37»A a37%
180
36%
Jan
36% Mar
60 Vs
Feb
62% Mar
71%
Jan
,
a37%
a63'A a63%
293
a72% a73%
a 10% a 10%
143
Preferred
10
Corporation
—
Western
Jan
11'A Jan
12%
Feb
15 Va Mar
15% Mar
345
24
25%
1,250
17%
25%
1
15%
,
16%
23
Jan
V 253/s Mar
4,272
14%
Jan
17%
18%
11
16%
Jan
20
10%
16%
1,500
8%
Jan
10 % Mar
Feb
Mar
5
al8%
Trl-Continental Corp (Un)
1
9%
Truax-Traer Coal Co
5
all V2
Twentieth Century-Fox Film (Un)
•
Union Carbide & Carbon Corp (Un)_*
21'A
21'A
209
21
Mar
25%
Jan
44%
44'A
582
42%
Jan
44 3A
Jan
26%
27%
1,622
25%
Feb
273A
Jan
a85% a86%
138
85
Feb
85
a26% a27'A
97
26 V*
Jan
27%
Feb
16%
Feb
Transcontinental
Union
Oil Co
&
Air
72
60
15%
*
(Un)
Feb
a21% a21%
12%
25
•
Transamerica
443/s Mar
3,900
25
Co
Jan
30%
50c
Oil
65% Mar
117
(Un)
Assoc
Feb
23 Vs
Jan
265
a68% a69%
Incorporated common
Tidewater
Jan
Jan
(
23'A
25
Sulphur Co
Mar
29 v5
—1
Swift & Company (Un)
Texas Company
(Un)
Gulf
at
37%
1
Sunray Oil Corp common
4'/a %
preferred class B
Textron
Feb
Jan
22%
25
(Un)
Studebaker Corporation (Un)
Texas
93
944
a46% a47'/s
a47
27% Mar
•
(Un)
(N J)
Webster
25
33%
65%
65 %
Jan
7/64 Mar
85
a22% a23'/s
Standard
Oil
26%
672
7/64
7/64
a34 % a34%
of Calif com
Union Pacific
25
27%
(Un)
—50
a86%
RR Co
United
Aircraft
United
Air
United
(Un)
Inc
5
(Un)
Corp
Lines
Paramount
10
Thea
United States Rubber Co
United
Steel
States
com
Bros
Air
Western
Union Tel Co
Pictures
Inc
Zenda Gold
3%
Jan
58
17%
Feb
4'/s Mar
19 'A Mar
18%
112
18% Mar
23
Jan
18%
163
19Vs Mar
21'A
Feb
a43% a43%
50
38%
Jan
43 3A Mar
3,259
25%
Jan
32% Mar
18%
a
18%
a
32
32%
55
56 %
13
32%
56% Mar
1,973
40%
3,340
13
Mar
9%
440
8
Jan
23
23%
448
21 %
Jan
23% Mar
12.50
Kentucky Coal Co (Un)
Willys-Overland Motors Inc (Un)
W)
1,600
•
(Un)—
West
(F
4'/s
Feb
14%
a34 a34%
270
30%
Jan
34 % Mar
4
a21'A a21%
0
Westinghouse Elec Corp (Un)
Woolworth
Jan
9%
1
(Un)
Inc
Lines
14%
12'A Mar
1
Consolidated Oil Co
Universal
Warner
Western
Jan
420
al9 a 19%
10
•
10%
4
10
Corp
50
al2
16
1
1
(Un)
a
15%
15%
(Un)__l
interest
of
Certificates
(Un)
Co
55%
14%
10c
58
»—
Feb
—
16 Vs
Jan
9%
Feb
a—
7
Feb
a6 'A
20
5%
Jan
a49% a50%
140
49%
Feb
49 3A
Feb
16c
18,000
2%c
Jan
16c
Mar
a6 'A
1
10
Mining Co_
8c
9%c
DAYTON & GERNON
CHICAGO 3, ILL.
SO. LA SALLE ST.
JOS
Telephone Central 6-0780
Members:
Chicago Board of Trade
Midwest Stock Exchange
MIDWESTERN LISTED AND UNLISTED SECURITIES
MINNEAPOLIS
L»CROSSE
MADISON
—
.
—
—■
a28%
—
—
1.45 Feb
267
16% Mar
22%
25
r
560
•
Feb
a__
11%
Steel
Acme
Admiral
Jan
Allied
American Airlines
Jan
American
American
Rad
American
Tel
Anaconda
14c
Jan
10%
Jan
13
Feb
Armco
18%
Jan
21%
Feb
Armour
25
41
Feb
50
-
20%. 20%^
a7% a7%
30c - 33c
2.25
2.75
a34% ■ a35
a28y2
a29
* 12%
12%
a22a22%
545
17%
Jan
21%
Mar
Feb
Asbestos
Atch
»
10
6%
20c
Jan
Jan
8% Mar
35c
Feb
73,602
1.40
Jan
2.75 Mar
195
31%
Jan
35% Mar
290
26% Mar
28%
200
12%
13
175
Feb
20% Jan
22%
Co
Co
Mfg
Co
(Un)
Belden
Mfg Co.
Bendix
Jan
21V* Jan
27Va
27%
Jan
27% Mar
6'A
7
3%
3%
Aviation
Benquet Cons Mining Co
Jan
73A
Jan
4
Jan
34%
700
26%
Jan
34% Mar
11 Vs
1,085
9Va
Jan
113A
235
21V*
Feb
22 Vs Mar
14%
1,640
13%
Jan
15
151 Vs 154 3A
2,107
146%
14%
598
28
27%
Jan
Mar
28%
29 Vs
32%
33'A
730
9Vs
3,300
7%
Jan
lVs
1,350
1%
Jan
109% 109%
28%
43
103% Feb
1
1%
100
4
Jan
Feb
Feb
1543A Mar
31
Jan
33% Mar
9%
Jan
1%
Jan
111% Mar
5%
5V»
200
4V« Jan
6»A Mar
1%
1%
50
1% Mar
2'A
Jan
5% Jan
7%
Feb
42
1%
7%
2,900
36%
150
33 V»
13
-10
6%
36%
6%
•
——
(Un)—PI
63A
6% Mar
3% Mar
22
9
5
6% Jan
600
11%
34
—10
3
300
1,835
21%
11%
3
Corp
Bastian-Blesslng Co
Jan
19%
17%
5
Manufacturing
Mar
Feb
,
Automatic Washer
Avco
1,301
7,119
6
(Un)—50
Mining
(Un)
& Santa Fe
Products Corp
Athey
20%
14%
(111)
Jan
20
154%
Co
Topeka
*
3,800
Copper
Steel
&
Tel
54%
24 3A
100
San
Stand
&
&
47 Vs Mar
20%
1
(Un)—•
(HI)
High
Low
220
48%
6%
1
(Un)
Investment
Range Since January 1
High
47%
•
Laboratories
700
Mar
Low
1
(Un)
Jan
5,000
9c
Shares
•
Castings
Roller Bearing
1.75
1,081
.
Aluminum
Ball &
18%
13% Mar
1
5
Corp
Advanced
Aetna
10
Co
Alleghany Corp
a—
Jan
for Week
5
Laboratories
Abbott
Feb
24%
Week'a
Range
ef Prices
Par
21
21
—
—
Jan
33% Mar
Sales
Last
Sale Price
10c t
13
9c
12%.
—
EAU CLAIRE
Midwest Stock Exchange
STOCKS
a49ys a49'/s
10c
•
200
33% Mar
575
*
22%
2.70
Products
footnotes
*
1
10
8
231
23
23 %
.
L
19%
Jan
:2%
20%
r_—L
Co.
90c
2%
(Un)-100
—1
__1
Oceanic Oil Co—
Feb
33%
1.50
—_10
,
Corp
60c
22%
1
Northern
Occidental
(Un)
(Un)
800
'
17%
1
.
American Aviation Inc
North
North American Co
70c
:
—
5
:
Feb
Jan
30%
Mar
"
__
—
Distillers Prod Corp (Un)
•
Mallison Fabrics Corp—_*
National
14%
34 V8
Jan
23
*
•
;———*•
Montgomery Ward & Co Inc (Un)
•
Mt Diablo Oil Mgn & Dev
——1
Nash-Kelvinator
10
35%
Feb
17
*
_
Jan
30%
•
Company (Un)
Feb
1%
17%
*
—
Jan
22c
3,775
al4'A al4'A
35%
•
Feb
25%
1
Co
Jan
36'A
25
pfd_
Company
Feb
25%
18
Light——
Monogram Pictures Corp
6c
Feb
Mar
a26%
Rights
Bouthern Railway
Jan
25%
1
(Un)
Mar
16c
Feb
16%
1
Inc
Jan
Jan
ai8c
5
Feb
28
1.20
20
Co
Jan
8 Va Mar
16%
'
1
Petroleum
9
32%
34%
Friday
Merchants
Feb
650
Feb
25 %
—
(Un)
Jan
8%
Jan
791
51
46 Va
a7%
26
__
—
Co
42% Mar
25
Co
Jan
1
Robbins Inc
Jan
Mar
Feb
58
1.20
&
55c
25
preferred
preferred
4.88%
Feb
3,380
1
Mfg
Mar
25
preferred
4.48%
Jan
12c
6%
*
Menasco
48c
Mar
63A
21% Mar
8%
8%
15
38 Va Mar
al3al8'/a
__10o
McKesson
Feb
8%
a4%
•
Oil
Jan
5%
7
Magnavox company (Un)
Mascot Oil Company
Jan
30%
14%
1*
Jan
5%
:
Angeles Biltmore Hotel Co
36%
33%
Mar
8'A
•
Southern Calif Edison Co Ltd com
11% Mar
al8
(Un)
Co
Jan
Jan
Jan
150
12
Jan
5c
•
B
(Un)
50%
16%
Feb
10%
Lockheed Aircraft Corp
Petroleum
Jan
Feb
30%
15
25c
Corp
Jan
5
(Un)
a34% a35%
8%
47%
15'A Mar
60
Feb
80
11
2.25
350
Jan
9%
5c
a25%
18'A Mar
4% Jan
Jan
102
100
a37 a37%
„
Jan
Jan
16%
329
a„
Feb
103
i
Calif
Corporation (Del) (Un)—
United Gas Corporation (Un)__
49% Mar
78
of
Co
United
a__
15%
784
2,389
Jan
a
49%
77%
Jan
23 Va Mar
18 Va Mar
2%
Loew's
Los
42c
a%
18
.
Jan
12
(Un)
Company
Inc
25
Jan
a6c
.
Libby McNeil & Libby
Lincoln
435
Mar
1%
*
County Land Co
Lane-Wells
1,190
67
1
Light
Copper
23 Va
61% Mar
44%
—10c
Corp
Power
Kansas
863
Jan
638
(Un) —__7.50
—-—
Kaiser-Frazer
67
9% Feb
78 Va Mar
19 Va
500
•
(Un)
Int'l Tel & Tel Corp
Jade
Jan
Jan
2
10
(Un)
Jan
72'/4
1' % Mar
Mar
51
25c
33V3C
Co
International Nickel of Can
17%
7%
115
680
...
7%
41 %
100
Imperial Development Co Ltd
Independent
8%
8%
a68% a78%
295,
34
2
1
RR
Feb
50%
1
12.50
6.66%
Inc
Central
Jan
6%
2
8
Corp
Hupp Corporation
Illinois
29%
165
7
31% Mar
a83% a84%
*
Hudson Motor Car
Hunt
205
24'%
*
A
Jan
6%
al7% a 17%
3
Calif
of
Co
Jan
76%
5
25
(Un)
Corp
Oil
Jan
14
49%
Company
.;
_*
Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)
1
Hancock
59%
Jan
27%
a46% a47%
a46%
(Un)—___♦
Co——.
Great Northern Ry Co
Jan
12%
17%
(B F)
Greyhound
55%
485
a22% a23%
—
•
Corp
&
McBean
50
13%
10
a22%
Co
Corporation
Jan
304
10 %
2
Electric Co
General
Feb
7%
40c
1
A
Corporation
&
14Va
Jan
a%
*
class
Jan
Jan
6V4
21 Va
Farmers and Merchants Nat'l Bank_100
Fitzsimmons
26%
10%
250
13%
13%
al8% a!8%
13%
5
Ltd A
19% Mar
510
6%
65%
4
Liquidating Corp_
1,255
13%
17%
5
1.
Corp
Equipment Co
20 V2
6%
5
Co
666
a32% a33%
50c
&
Nemours
Jan
31%
13
a33%
•
Jan
a60% a60%
6%
5
Inc
3% Mar
4% Mar
19%
'
*
Corporation (Un)__5
Publishing Company (Un)
•
Curtiss-Wright Corp common (Un)__*
Industries
Jan
4
17% Mar
31%
_
Curtis
Dresser
Jan
6%
%_
19 %
1
15%
12%
1
..
Inc—_
America
of
31
•
(Un)
nJn)
a
85c
Zellerbach
Crown
al6Va
Mng____l
Y
Motors
Corp
Continental Oil Co (Del)
13%
___25
(Un)
Engineering Corp
Consolidated
Continental
Creameries
•
Sav
of
3%
(Un).-.—■—?.
Co
&
Edison
Consolidated
(Un)
Jan
67%
•
1
48 Va
36% Mar
a4 %
1
System
Feb
Feb
Jan
66%
10
Gas
15%
45%
660
Feb
20%
Mar
a4%
1
Colorado Fuel & Iron Corp com
Preferred
40
17%
Clary Multiplier Corp
Columbia
Jan
17%
66%
.
Mar
14%
38
135
.____25
t
40
.
15
a36% a36%
1
-
Chrysler Corp
a44% a44%
10
;
(Un)
Products
Aircraft
_
(Un)_.
(J I) Company
Caterpillar Tractor Co
Certain-teed
common
Ry Co (Un)
11
Feb
a4%
*'
51% Mar
Solar Aircraft
California
Canadian Pacific
a35%
Feb
Jan
499
16%
a
Feb
Mar
3%
17%
11%
al6
_15
14%
•
•
11
al6%
Feb
9
110
687
•
a44% a45%
a 44%
•
a64%
& Company
25
.
11
25
1
Feb
.
2,560
17'A
(Un)
(Del)
Shell Oil Co
6%
Co
of
Feb
47/e Mar
3%
10 alO'/s
17'A
——.1.75
56%
'
a
18%
5
(Un)
Finance
Seaboard Oil
10%
18%
(Un)^
Company
Industries
Seaboard
3%
a
1
50
%
55
5
115
3,880
1
Feb
♦
;
225
5%
a50% a51%
►
2'/a
52
_„T
—
59%
'5
.51/4
59 V2
11 % Mar
688
.1
48
7%
8
5
(Un)
Company
25c
5,583
54%
2.50
i
37ye
1%
54%
1
Company
225
1%
66 Vs Mar
•
Inc
10%
__
29%
Jan
28
1
Mfg Co
11
1%
Jan
61%
50c
Republic Pictures Corp (Un)
Republic Steel Corporation (Un)
200
34%
<
28%
28%
120
•
Radio-Keith-Orpheum Corp (Un)
52 V8
.
Jan
340
•
25c
20
100
28'A
66 Vs
33VsC
(Un)
51%
38 V2
28 %
50
Corp of America (Un)
Reserve
Jan
28'A
1
Phelps Dodge Corp (Un)
Puget Sound Pulp & Timber Co_.
Puliman Incorporated (Un)
Radio
37% Mar
35
34%
•
tUn)
51%
•
15
Broadway Dept Store
Budd
281/4
60
11%
1
(Un)
Borg-Warner Corp (Un)
Jan
70% Mar
Co
Mar
Jan
273
v
10
(Un)
25c
•,
2
Bolsa Chica Oil Corp
32 Va
38V2
50c
Corp
153% Mar
al8V2 al9V2
51V2
5
.
Jan
RR
Mar
66 Vs
•
146%
Feb
28 %
(Un)„2%
Co
Pennsylvania
22
35%
(Un)
Car
Feb
34,906
S
Benguet Consolld Mining (Un)
Betnlehem Steel Corp (Un)
Motor
High
31% Mar
72,153
35%
American Airways Corp
55%
all
1
20c
Basin Oil Co
Packard
Feb
..
A
Low
5,645
25
—
Indemnity Company
Pacific Lighting Corp common
Pan
32%
Range Since January 1
High
31%
25
preferred
preferred A
55%
.7 Va
_50
5
.
red
Paramount Pictures Inc
6
al8%
redeemable
5%
Pacific
Jan
Mar
all
7
5%
Low
32%
25
—
14%
70% Mar
10
10
«
preferred
21
325
7
10
—
Barnhart-Morrow
Feb
6%
Jan
2,184
109%
Shares
%
13%
100
a
for Week
—
20% Mar
23
al09V«
3
;
.
11%
Jan
Rights
50
.«
Sales
Range
of Prices
25
common
382
■
Week's
Last
613
21
a42 a43%
1
Corp common
35% Mar
9
9
25
Co
9%
Jan
32%
28%
Baldwin Locomotive Works (Un)
13
Baltimore & Ohio Railroad Co (Un)-100
Bandini
Jan
4
Jan
23
•
S
(Un)_
31%
3%
Feb
315
,
Fed
3%
„
650
a66% a66%
10
(Un)„100
27% Mar
3
28%
a66%
(Un)_30
(Un)
27% Mar
204
.
14%
153% 163%
14
High
400
a52 Vs a52%
100
Co
(111)
Company
21
♦
Range Since January 1
225
,
-
11%
11%
*
__
•
Atch Topeka & Santa Fe Ry
Atlantic Refining Co
(Un)
Avco
(Un)
.
35%
14%
(Un%
Mining
Corp (Un)
11%.
I
3
:
34'A
__
(Un)__*
(Un)
Copper
Friday
Sale Price
Low
3%
(Uni
(Un)
Corp
American Woolen
24
"or
Sbares
27%
3
3%
1
Co
American Smelt & Refining Co
American
MARCH
Pacific Gas & Elec
High
27%
—
•,
new
San
St
&
27%
10
___1
Allls-Chalmers
Amer
Low
—1
Co
(Un)___
Mining
Corporation
EXCHANGES
ENDED
STOCKS
for Week
of Prices
Par
I
Corp
Juneau
Aiasita
Range
Sale Price
1
(1287)
Sales
Week's
Last
"
V
WEEK
Angeles Stock Exchange
STOCKS
I
FOR
CHRONICLE
13'A
250
11% Jan
13%
41%
42%
1,203
35% Jan
43% Mar
13A
200
1% Mar
1% Mar
1%
Jan
37% Feb
Feb
31
32
(1233)
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
Monday, March 27, 1950
OTHER STOCK EXCHANGES
RANGE
Friday
STOCKS
Week's
Range
of Prices
Par
Low
•
34%
Blnks
1
13%
2%
15%
1
Mfg Co capital-,
Bliss
&
Laughlin Inc
(George W) Corp
Borg-Warner Corp
Eorg
& Sons
Brach
&
Brown
Shoe
Brown
Co
Bruce
Piston
Brewing
Illinois
Convertible
1
12%
12%
13
400
12% Mar
13
Mar
American
Car
20
27%
27
27%
250
i.4-i
Jan
28
Mar
100
14
Feb
15% Mar
North
American
Co
10
21%
21
21 Va
1,140
18%
Jan
21% Mar
14%
2,650
14% Mar
Northern States Power
*
12%
12%
Feb
60
435
55%
Feb
60
Mar
54%
100
52
Jan
57
Feb
11%
13%
260
13% Mar
Northwest
Oak
Oil
Ohio
Jan
Packard
14%
14%
15
275
14% Mar
15
Mar
7
Feb
31%
10%
31%
250
29
Jan
15
10%
34
Feb
Jan
9% Mar
11 %
14% Mar
15%
Feb
3% Mar
3%
Jan
3% Mar
5
3%
3%
50c
4%
4
5
2,850
5
15%
Pea body
Mar
Peoples Gas
15%
16%
1,700
14%
Jan
16% Mar
37%
33%
230
35%
Jan
38'/a
Feb
Potter
1
2%
2%
350
2% Mar
2%
Jan
•
20%
20%
50
19%
Jan
20V2 Mar
1
(Un>
17%
17%
309
15 V2
Jan
18Vs
Feb
Corp
Public
3.50%
9%
11%
Jan
Pure
29
30
1,586
28
Feb
30%
Jan
Radio
14%
14
14%
1.300
12%
Jan
14%
Feb
Radio-Kelth-Orpheum
preferred
*
65%
65%
150
64%
Jan
65% Mar
8%
400
9%
•
8
*
pfd
Co conv
9%
96
300
9% Mar
7%
8%
Jan
96
10
91
Jan
114% 115
52
114
Jan
Pacific RR Co
Feb
Remington
Feb
Republic Steel Corp
Rexall
•
72
73 %
370
67%
Feb
78%
Jan
33%
33%
220
32
Feb
33%
Jan
14%
15
14% Mar
15%
78
78%
250
73%
Jan
78%
45%
46
453
43%
Jan
46
Illuminating.,,
Bronze
(Urn
(Uni
13%
13%
2,400
11%
Feb
7,600
29%
Jan
13%
13%
100
13% Mar
13% Mar
17%
17%
100
17
Jan
20
28
28
20
25%
Jan
30
7
515
6%
Jan
270
27 Va
Jan
<•
,,,.50
1
IE
Pont
6%
(Un)
—
de
Nemours
(Un).:
(Un)
Diedge
&
Dock
Four-Wheel
Drive
Socony
Amer
:
Co
(W
Instrument
Heillman
Hein
(G)
Werner
Hibbard
Hydraulic
Illinois
Corp
Spencer
3
Bartlett
pfd
—50
Co
RR
Tool
•
Indiana Steel Products
&
Light—
Industrial Rayon Corp
Inland
(Uni
;
Steamship
International
Shoe
International
Tel
Iowa
Gas
Illinois
When
Power &
When
Kansas
Co
&
delivered
•
Tel
&
(Uni...
■»
La
Salle
Laclede-Christy
17*
78% Mar
90
Jan
Standard
20
22
Jan
/
2,500
Mar
35
9
Jan
12
200
10%
Jan
50
5%
5%
Jan
5%
Oil
Laclede Gas Light
Studebaker
Llbby
McNeil
Marshall
&
Field
McKee
(Arthur G)
Miller &
Hart
Minneapolis
Missouri
11% Mar
United
Jan
United
ls
Portland
Co
Feb
Jan
2%
Feb
Feb
11%
Jau
U
S
Steel
15%
Dorn
Iron
214%
Jan
16
Jan
Van
N'J 11/4
Feb
12%
Jan
Warner
10% Mar
29%
10% Mar
450
26%
Jan
31%
Feb
Wieboldt
17%
300
11%
Jan
19
Jan
Wisconsin
26%
350
21%
Jan
26% Mar
6%
6%
300
6%
Feb
7%
110
38% Mar
43
Jan
22
22
110
21
25
<;%
13%
1.10J
38%
700
34 %
Jan
39
14%
14%
650
14
Jan
15
8
1
100
1
Mar
33%
350
45%
85
39%
150
37%
Jan
250
32%
Jan
33
Jan.
45% Mar
50
26% Mar
28%
Jan
40% Mai-
46%
Jan
American
12
12%
400
12
12% Mar
Mar
30%
1,500
29% Mar
30% Mar
100
17%
200
11%
12%
1,850
11
100
7% Mar
13%
Jan
11% Mar
9%
Jan
10
Jan
17% Mar
14%
Feb
12%
Jan
14% Mar
7%
Jan
12
300
10%
Jan
12
Mar
24
20
22%
Jan
24
Mar
16% Xl6%
7%
200
8
625
14
7%
Jan
Jan
16%
Feb
8% Mar
26%
27%
902
23%
Jan
27%
Feb
24
24
60
23%
Jan
28 %
Jan
Jan
♦
30%
30%
30%
50
28%
Feb
31
53 %
53%
53%
200
49%
Jan
53% Mar
6%
400
6
Jan
10
10
150
9%
Jan
6%
10
2%
2%
300
6
7
6%
500
18%/
18%
200
17%
Jan
25
23%
:
38.
Jan
19
5%
23%
350
22Vs
Jan
25
Mar
29%
29%
100
28%
Jan
30
Feb
2%
2%
50
2 Vs Mar
3
Feb
35%
37
150
35% Mar
38
Mar
56%"
57%
492
54% Mar
58%
Feb
18%
18%
10
18% Mar
21%
Tel
1st
16%
Feb
1
4
3%
4
871
3%
Jan
115
33Va
Jan
42% Mar
5,900
3% Mar
3% Mar
19
19
18%
18%
50
31%
32%
7,900
6%
100
6%
19
4
Jan
Mar
23 %
Jan
18% Mar
23 Va
Jan
25%
32% Mar
Jan
15
34%
50
6% Mar
300
14%
34
15
Feb
Va.
40
3%
<
32%
Jan
Feb
3%
40
14% Mar
15
30%
34% Mar
1,056
Jan
7 Va
Jan
Mar
16%
15%
16%
50
14%
Feb
12%
12 Va
12%
1,700
11%
Jan
12% Mar
12
12
34
10%
Feb
12
11
11%
300
10% Mar
14%
82%
83%
217
73%
83 Va Mar
5
11%
•
Week's
16% Mar
12%
4,300
11%
5
17%
17%
1,200
16% Mar
2
9%
9%
300
26
3%
"
Feb
9%
Jan
Jan
Mar
Jan
Sales
Last
Range
for Week
of Prices
Shares
Low
.100
Tel
&
Power
&
General
Motors
Power
Pennroad
$]
&
com
Corp
Public
Service
div
Sun
Paper
Oil
common
El
& Gas common
preference
common
common
—
Mining
United
Corp
United
Gas
12%
Jan
15
721
627/a
Jan
68%
62
1
23%
23%
100
23 %
1,884
1S%
100
22%
37%
22%
37 %
33
6% Mar
21%
21%
Jan
Jan
37% Mar
666
180
180
180
3
Mar
Jan
24
Jan
24% Mar
41%
Jan
Mar
180
182%
Jan
Feb
7«%
77%
2.536
68%
Jan
78%
10
7%
7%
8 Va
824
7%
Jan
8%
14%
14%
%
%
-1
•
60
10
264
15
%
11%
10
Jan
Jan
15% Mar
% Mar
35
Jan
8
77%
Va
Jan
11%
11 Va
2,696
10%
Jan
11% Mar
23%
22%
24
1.909
21%
Jan
24% Mar
17
16%
17%
2,604
16 %
Jan
18% Mar
44%
44%
186
41%
Feb
45%
Feb
•
37
36%
37 %
165
36
Jan
39%
Jan
•
•
24%
24%
25 Vs
5,973
237/a
Jan
25%
26
26%
258
24%
Jan
26% Mar
39%
394
32%
Jan
40%
Feb
25 %
—
Co
Tonopah
590
6%
*
Reading Co
Scott
15
67%
6%
37%
div preference
$1,40
B
Electric common
Philco
14
66%
•
class
Water 8c Power Co
Improvement
*
•
#0
*
*
1
1
13%
Feb
25%
790
23% Mar
26%
Feb
28%
28%
307
28%
Feb
30 %
Feb
21%
22 Vs
50
20%
Jan
22%
Jan
75%
74%
78%
670
66%
Feb
80 Va Mar
62%
59%
62'%
747
55%
Jan
62% Mar
25%
%
%
%
3%
27%
1,579
27%
1,033
3%
s
%
135
4V8
27
>
Jan
Jan
Inc
10
20%
21 %
94
20
Westmoreland
Coal
20
28
28 %
97
28
,
1«
Feb
3%
26%
Westmoreland
Jan
Mar
Jan
4 Va Mar
28%
Feb
21% Mar
32 Va
Feb
BONDS
debentures
Jan
14%
67 Vs
Salt Mfg common
debentures
37/s
Jan
RR
conv
Feb
15%
Power & Light
conv
3%
12% Mar
Corp
2%s
i.800
7
Light
2%s
3%
Jan
12%
12%
17Va Mar
—1
Feb
Feb
Feb
2%
12%
L)
Jan
28%
13%
1% Mar
Navigation
&
Jan
Jan
10 Va Mar
305
2
10
18%
24%
14%
600
2%
Corp
12%
200
936
11%
.
Light
10%
26%
17 %
10%
Corp
America
of
Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania
Philadelphia
Jan
16s,8
2%
•
Co
National
155% Mar
10 V«
Storage Battery
(Glenn
34 Va Mar
Jan
-—.—100
Finance
Martin
Jan
16%
Electric
Coal
29%
146 Va
•
2%
Chemical
Lehigh
High
11c
2,259
*
Company
Delaware
Low
32%
151% 155 V»
155
.13
Works—
common
Chrysler Corp
Davison
Range Since January 1
High
31 %
preferred
Feb
12%
3%
13%
400
15% Mar
•
Curtis Publishing Co
Feb
23%
•
1
page
Jan
*
"
Mfg
Feb
Feb
2% Mar
6%
6%
7
11%
2U Mar
18%
lo
11%
24
1
...
see
7
Mar
1
Nash-Kelvinator Corp (Un)
National Pressure Cooker
For footnotes
8%
17%
•
National Standard
16
»
—
Arundel Corporation
Baldwin
Locomotive
Budd
Feb
12%
15%
Jan
•
common
Baltimore Transit Co
6%
#
Jan
Par
425
3,000
50c
45%
Friday
2,516
7%
35%
42% Mar
Sale Price
41%
Jan
*
1,767
STOCKS
26%
7%
•
44%
Jan
Jan
2%
43%
Mar
26%
11
7%
Jan
44%
American Stores
8%
27%
50%
9%
Philadelphia-Baltimore Stock Exchange
33% Mar
18% Mar
16%
19%
Jan
•
40% Mar
33
28%
23% Mar
12
Jan
164
Jan
32%
29%
7%
37% Mar
49%
—12%
Machine capital
40%
11%
12% Mar
Jan
16%
5
(Un)
Corp
Bankshares
Co
Jan
100
Mar
1
4%
33
~4%
Inc
10%
34
13 % Mar
13%
Muter Co:
Stores
Publishing
Mar
800
Jan
100
Preferred
Works
Pictures
Electric
Jan
Jan
8
10%
39%
17%
69% Mar
11% Feb
Feb
Mar
45%
12
Jan
225
7
Youngstown Sheet & Tube
41
30% Mar
Jan
9
19'/a
•
Yates-Amerlcan
14%
Montgomery Ward & Co
Muskegon Mot Spec class A
World
Jan
47
700
50 %
——.-1
Jan
14%
common
Bros
Westlnghouse
17%
26%
143
11%
19
com..—1
Certificates of interest
100
6%
26%
(Un)—
common
common
1
33%
div
Theatres
Paramount
13%
1%
10%
200
30%
68 Va
11
3%
200
350
5.000
Feb
29 %
11
5
—;
4,000
51/"
common...
i
2%
10%
17% Mar
67%
30
10
(Un)
without
w
Air
Carbon
10%
200
Cement—...
Chemical
Corp
United
Jan
16
•
Western
Light & Rys Co
Rights
51% Mar
6%
Co
Manufacturing
&
9/64 Mai¬
37%
14%
.4
Monroe
Tile
50
44%
Jan
40
*
Modlne
National
12
Jan
100
50 %
Union
14%
17%
50%
208 South La Salle St Corp
1/128 Mar
8% Mar
16%
•
Transcontinental
231
Jan
63V8 Mar
Feb
100
Jan
7%
34%
Feb
8,600
12%
850
Jan
10 Vs
32
18%
295
8%
Jan
18%
Inc
20% Mar
16 Va
'
59%
Jan
Lines
Jan
29 %
Jan
Air
18%
69% Mar
725
8
United
27% Mar
101% Mar
450
16 V2
&
'
Jan
14%
535
Feb
1,175
Jan
25%
33
850
Carbide
66%
63 7 «
2
Mar
47% Mar
8%
8%
25
(The)
&
Jan
14
(Tbe>
Co
26%
22
15%
20%
Jan
Mar
10%
32
Co.
Trane
15%
•
Brewing
Mar
63
Texas
Feb
6%
vtc common
18
32%
Feb
51%
6%
__
14%
deposit
Jan
Mar
5
17% Mar
101% Mar
815
8%
14%
23%
19%
42%
1,782
7%
14%
10%
20
12%
78%
Mar
1
-fa
37%
Jan
—5
Products
53% Mar
12%
Feb
Jan
Corp
51% Mar
37 Va
Jan
Feb
Brick
Food
West
345
12%
6%
6%
Cement
13% Mar
53 Va
37%
8%
2%
—
Jan
13% Mar
Ltd—
68%
xll% xll%
7
class B
of
Co
50
"
18
*
Ctfs
Co
2,037
4% Mar
Co
Portland
Mickelberry's
International
2% Mar
Co
Machine
Metropolitan
&
Swift
150
Libby
&
McKay
Medusa
Swift
1,300
Co
Feb
15%
100
29
Feb
2%
common
16
450
—1
15%
47% Mar
8%
2
17%
9
Sunray Oil (Un)
Jan
Jan
r
1
Tool
17%
■,
12
10%
1
27%
<
•
Jan
23
lo
Co
Feb
Jan
13%
%
10
Machine
14%
200
1
> :
(Un>
(Un)
Corp
46
7
10
100
;
Corp
10%
25
Machine
&
)
V«'
<
69%
25
A
Corp
Corp
Container
41%
82
4
Spring
160
52% Mar
(Un)
com
series
2,210
15%,
.47%
2,100
Landis
Leath
Middle
75
J)
(Ohio)
Steel
Sunbeam
Jan
2%
(Un)
—
5%
18
*17%
47 %
25
Storlcline Furniture
Mar
18%
Lamson & Sessions Co
-
51%
(N
Oil
preferred
Stewart-Warner
10% Mar
___33%c
Co
•
2,600
Feb
51%
13%
*
4%
20
4%
University
L
17%
14%
24% Mar
13%
17
5
550
Jan
Jan
954
5
Extension
17
17
5
—"
5
Feb
12 Va
22
-
1.685
23%
l
15
Wons
—
Co
4%
1,300
4,300
27%
4%
....
(Un/
1
14%"
24%
69%
50%
1
Knapp Monarch Co
Kropp Forge Co common
.
14%
23%
26%
3%%•
18
•
Key Company
14 %
24%
.
-
68%
Standard
Jan
23
•
,•
Forgings
Standard
30%
Feb
1/128
1
Kelley Island Lime & Transport
Kellogg Switchboard common
30%
101% 101%
67% Mar
46% Mar
29
75
(Un)„
44% Mar
Jan
10% Mar
Jan
46% Mar
35
*
Light
Jan
26Va
61
200
30%
•
delivered
41%
1,850
Standard Oil of Indiana.
1,206
Light—
Power &
100
3,000
30%
Rights
Feb
Electric—
Katz Drug Co common
10%
44%
29%
Pacific
67%
Jan
•
,
10%
43%
29 %
Oil
Southern
43%
,
24%
•
Harvester
Jan
10%
44%
Jan
625
•
International
12
1
Jan
1
•
Jan
642
28%
i
Steel
Interlake
Iowa
.
34%
47%*
28%
_
Power
29% Mar
45%
28%
l
Warrants
Indianapolis
1,150
*
Lathe
Jan
64Vs Mar
40
too
Pneumatic
Jan
Jan
Jan
lu
Central
Independent
29%
54%
33%
25
$6
Jan
26% Mar
200
310
1
.
Press Brick
Brick
Illinois
l
Jan
6%
800
63%
40
*
Co
31 %
45
Jan
9%
39%
•
Co
Brewing
29%
'»
Jan
4%
9% Mar
15
2
Hammond
28%
40
100
51%
•
Brewery
26% Mar
5,700
-
9%'
5%
•
Western
25% Mar
10
6%
26%
28 %
,
25%
43 %
6
9%
11
Griesedieck
1%
43%
6
1
11
3
*
x25 %
43 %
Standard
1
......
25%
>
Jan
Mar
1/G4
(Un)
2,600
Jan
36%
10%
•
Kt
46%
33
10%
Drug Stores
Great Lakes Dredge & Dock
Greif Bros Cooperage class A
Greyhound Co
(Un)
43% Mar
43% Mar
435
20%
"
Gossard
Jan
42% Mar
34%
20"
*
Gray
6%
75
250
3%
20
•
Graham-Patge Motors
27% Mar
Feb
Feb
85
—
Jan
5%
Va Mar
8%
——...
14% Mar
23%
1,200
2%
17%
...
46
14% Mar
1,347
8% Mar
8%
—
43 Va
45%
500
Feb
Feb
Feb
422
17%
Bros
42%
.
„
57 a
9%
200
1
Rights
5%
15%
28
11,930
5
Goodyear Tire & Rubber Co
26% Mar
27
9%
Utilities
Goldblatt
20
27
2%
85'
•
Jan
8 Va Mar
2%
8%
(Un)
Feb
12 %
125
9%
77%
Co
26%
6,700
8%
1
*
Glidden
820
15%
8%
Standard Dredging common
46%
I
Razor
31 Va
14%
Jan
8%
Safety
30 %
15%
Jan
76%
Gillette
31% Mar
30%
•
9%
Refrigerator Co
Gibson
88% Mar
6%
77%
Public
Jan
8%
10
General
86
Jan
—.10
Corp
60
Jan
64%
5
Corp common—.'
Motors
88%
*
Co
29% * 30'/a
67%
46%
.5
Preferred
29% Mar
7%
46%
1
General Finance
Jan
7%
46% ;
General
27
5% Mar
85
•
859
650
5
*
Feb
28%
450
10
Transportation...
Feb
8%
600
*
General Candy class A
8%
oo
Vacuum
Bend
Sundstrand
General
Jan
7Va Mar
88%
•
Clothes
Southern
Stone
General Electric Co (Un).
Mar
50
25
8%
1
Inc
12
8
7'/a
27%
27%
V
com
Strapping
Brand
South
A
Corp.
Jan
"
Auto
Jan
8
7%
5%
.
•
.....
8%
Feb
Feb
63%
2
Co__.
Flour Mills of America
30
Oil
Society
Feb
2,250
11%
138%
Corn,.
Steel
Sinclair
Jan
Jan
7%,
5%
63%
5
...10
—,
Co
Connell
&
8%
7%
5%
15
Kodah
28%
7Vs
127%
33%
10
5
Manufacturing
Simons
8%
5
—
Corp
It
27%
1
Nav
Eddy Paper Corp (The)—
Falstaff Brewing Corp
Fitz
6%
418
14%
Co
u
Prod
Signode
33% Mar
18% Mar
27
Cummins
Roebuc*
Sears
13% Mar
32%
17%
14 Va
Stockyards
Service
Electric
Shellmar
22% Mar
32%
(Un»_.l
Dow Chemical Co
Du
Feb
13%
—
Doehler-Jarvis
Jan
s
7% Mar
Jan
Jan
11
8
•
National
Public
Schwitzer
37% Mar
(Uni
Dodge Mfg Corp...
Eaton
28%
33%
'/"•
32%
Curtiss-Wright Corp (Un)
Eastman
27% Mar
200
Jan
16
16%
26%
Schenley Industries (Un)
100
6
480
842
14%
delivered
Feb
441
Jan
Joseph Light & Power
When
Sangamo
27%.
11
*
Feb
22
24
Mar
133% 135 Va
*
Louis
36%
Jan
17%
26%
Co
Louis
27%
Feb
21%
16%
•
(Un)
Corp
St
22
21
504
Jan
11
Feb
17 Va
2%
Jan
.
6%
4%
Jan
17%
16%
—50c
(Uiu
'Uni
Bros
6
9
Mar
28% Mar
3% Mar
100
—i—10
St
•
common
Cleveland
St
21%
1
(Um_;
Rand
Oil
Rlchman
Jan
36
25
&
Jan
68%
25"'
Co
Detroit
46
Jan
5
Aircraft
Preferred
Jan
63
1
System
Edison
Continental Motors
45%
1,000
41%
1
Inc,,
Vultee
Co
14%
•
—
Co
Gas
1
common
•
Inc
(Thei
Commonwealth
Crane
1,150
•
Iron
Graphite
Foods
Consumers
100
67%
10
$4.50 preferred
Cleveland Electric
Consolidated
44%
Corp.,
Cliffs
Columbia
44%
66%
„
(Un>
...
Diug
980
•
(Un>
America
Jan
97
115%
2%
Co
(Un)
of
Packing
Richfield
Chrysler Corp
Service
Co
Corp
Rath
Chicago Rock Island &
Products
Oil
3%
485
100
29%
*
Coleman
preferred
Feb
26% Mar
675
17%
•
com
35 Va
10%
1
(Ind)
1
Chicago Mil St Paul & Pac vtc
Clinton
Corp
Jan
18%
1
5
Chicago Towel
Cleveland
Service
32
325
21 %
33V3C
(The/
25
(Uni
Chicago Towel Co common.—
Cleveland
Co
3,275
28%
3%
100
Pepsi-Cola Co (Un)
Feb
34%
10
5
Pressed Steel Car common
13%
18
25
Light & Coke
32% Mar
Jan
10
50
common
Ohio
Convertible
City
Coal Co common
prior preferred.—
5%
13
Jan
10 Va
18%
1
Pennsylvania RR
12% Mar
25%
2,000
34%
*
*
Products
Chesapeake &
Chicago Corp
Cities
(Un)
J,410
1,350
13 Va
3%
(Un)_2%
Patterson-Sargent Co
900
14%
3%
World Airways
Paramount Pictures
900
14%
1
American
Pan
•
13
31%
28%
34%
(Un)
13% Mar
12%
•
Car
Jan
1.200
25
%
8%
Co
Motor
Jan
12%
12%
(Un)
Jan
11%
31
•*
Co
19
__
8
Edison
40
100
(Minn)
"
1
Ohio
Jan
7%
(Un)
Bancorporation
13% Mar
17%
7%
Aviation
Co
Mfg
36% Mar
Light
Burreil
Cherry
600
American
North
150
preferred
Certain-teed
13%
North
13% Mar
15%
13%
13%
35% Mar
150
Central 111 Secur Corp common
-
High
Jan
13%
& South West Corp
Central
Central
Low
Jan
8
Corp..
Range 8inee January 1
High
12
53%
10
Low
*
30%
1
(rJn)
(Un)
lOo
*
common
Pacific
RR
1,255
38
.
Central
-
13%
Feb
18%
Carr-Consol Biscuit
Centlivre
Par
York
New
-
35%
6%
38
Manulactunng
Bros
Butler
Canadian
—
Shares
Jan
18%
common
for Week
4%
2Va
Ring
Sales
Range
of Prices
350
59%
IS
Week's
Last
High
Low
6
1
Li
(Pi
14=
Friday
Sale Price
STOCKS
Range Since January I
5
—;
(Urn
Co
Bund
Burd
5%
MARCH 21
ENDED
Weeir
Shares
*
Inc
Co
(E
Burkhart
10
<E J)
Blgelow
5=14
for
High
Brewing Corp
Bethlehem Steel Corp
(Un)
WEEK
gales
Last
8ale Price
Berghoff
FOB
American
Baltimore
5s
Tel & Tel—
Transit
series A
Co
4s
1957
114% 114%
1961
110
111%-
1975
48% >49
1975
53%
53%
$200
109%
Jan
114% Mar
1,700
107%
Jan
111 Va Mar
41%
Jan
49
Mar
44%
Jan
54
Mar
7,500"
6.300
Volume 171... Number 4893
THE
COMMERCIAL &
FINANCIAL CHRONICLE
(1289)
33
OTHER STOCK EXCHANGES
RANGE FOR WEEK
ENDED MARCH 24
Friday
Pittsburgh Stock Exchange
Friday
Week's
Range
of Prices
Shares
Par
Allegheny
Ludlum
(D
L)
Co
Pitt
New
210
21%
Htgh
Jan
27% Mar
14 3/8
14%
207
93/4
934
200
13%
13%
548
11% Feb
133A Mar
13%
13%
500
11% Jan
14%
9
Jan
15% Mar
Jan
14%
10
Jan
Feb
16%
16%
163/4
129
11%
Jan
17%
22 y8
22
22%
135
20%
Jan
23
31%
31%
80
30%
Jan
34% Mar
217a
22
1,060
19%
Jan
22 % Mar
1
*
Feb
.
Feb
10
Brewing
21%
5
5%
5%
574
1,967
4%
Jan
6%
2%
Fireprooflng
37s
3%
37s
6,329
2
Jan
3% Mar
Corp..
$2.50
convertible preferred
PiusDurgn Plate Glass
Spring
Jan
40Va Mar
35%
Jan
38% Mar
7Va
20%
1
vtc
32%
100
7%
172
7
Jan
40
75
Feb
77
1
common
66
38%
6%
80
20
pfd—_100
.
40
373/8
37%
lo
*
Pttsburgh Steel Foundry 5%
United States Glass
40
25
Pitts Screw & Bolt Corp
Steel
Feb
Co—
common
Standard
Low
277a
1
Refractories
Joy Manufacturing Co
Mountain Fuel Supply
Pittsburgh
High
com—•
.
Walker
Range 8inee January 1
m*
5
__
Par
13 %
•
Brewing
National
26 V8
*
Duquesne Brewing
fori
27%
•
cuiuxnbia Gas bystem
Harbison
Low
•
Co
aiaw-Knox
Clark
Steel
20%
155
6%
200
5%
Jan
Jan
6%
18% Jan
•
25%
25%
263/b
511
25 Va
12 %
VVesunghouse Air Braae
Westingbouse Electric Corp
347a
34
34%
466
303a Jan
«%
80
J an
Mar
20% Mar
6%
Jan
27%
Feb
343a Mar
Hupp Corp (Un)
Idaho Maryland Mines Corp
loano
Power
Exchange
Week's
Range
of Prices
Shares
Par
Abbott Laboratories common
Low
5
*
Reduction
Co
Alleghany Corp
American
(Un)
(Un)
Airlines
American &
Intl Nickel
IXL
Mining
Factors
American
Power
Radiator
Ltd
&
Light
Stan
&
20
Tel &'Tel Co
Corp (Un)
Corp
Kansas Power & Light
Kennecott Copper Corp (Un)
Kern County Land Company
Woolen
(Un)__*
Anaconda Copper
a513/8
100
155
(Un)
Mining (Un)
50
Matson
Armour
Gas
Corp
Co
(111)
com
—
cl
(Un)—*
A
(Un)__
Atchison
Avco Mfg Corp common (Un)__
Baldwin Locomotive
lUn)
Barnsdall
Beech
Oil
Co
Bethlehem
(Un)
common
National
170
9%
Jan
Feb
Natomas Co
3%
4%
al6% al6%
1,400
274
Jan
50
1< % Mar
18'A
28
903
20% Feb
21
Feb
14 %
13%
Jan
147/e
Feb
North American
a51% a523/a
160
56
Jan
Jan
North American Investment com—100
North
American
Oil
Cons
10
14%
153% 155%
2,954
a22%
al2
70
a9%
—
3,701
17,900
746
Co
Ale
Public
7,520
73/4
Jan
13% Mar
Pacific
Tel
RR
System
First
Steel
Gicvgio
a774
a774
a29% a30'A
125
—
32%
—
(Un)__•
31%
iUni-15
a45%
1
13
Inc
1
—
25
—
5
—
(Uni—
(Uni
class
Fields
Kodak
Co
common
Emporium Capwell
Emsco
Derrick
Eureka
(Un)
Corp Ltd
Plantation
Co
—
(Un)
(Un)
Corp
General Paint Corp common
Gillette Safety Razor common
McBean
Co
&
Gt
Northern
Co
com
Ry
Hawaiian
12%
Jan
80
163/4
Feb
21
32%
230
30%
Jan
32% Mar
Safeway
42%
42%
200
40
Feb
43
Jan
Sears
3174
Mar
Shell
Oil
317s
1,129
277s
Jan
32
a45% a453/8
16
43%
Jan
43%
13%
595
255
13
13
13
107e
12%
Jan
Jan
21
2,085
2774
Jan
53
102%
Jan
18'%
18'%
100
We
Feb
6%
8%
6%
15
8%
16'%
*•
100
195
1,166
1,817
Jan
63A Mar
J«n
11%
29%
Jan
Jan
Jan
14%
14
Jan
Feb
Jan
Feb
115
34% Mar
Aeronautical
Ryan
S 61
Rights
Standard Brands Inc
67
a467/8
65%
67
a46% a467%
899
183
11%
11%
23%
1,070
555
10
22
39% 39%
al8% al8%
%
%
416
50
2,200
*
2%
10
•
*
*
Oil
Standard
Standard Oil Co of N J (Un)
3778 Mar
42 %
13% Mar
1874 Mar
%
A Jan
Jan
Swift
&
Co
(Unt
Tide Water Associated Oil
22'A
194
22 % Mar
22'A Mar
277s
27%
430
27% Mar
29%
Feb
Union
Oil
6%
360
63A
Feo
Union
Sugar
6
463A
—
13%
__
12
—
—
133%
—■
—
a51%
6
Jan
16
1%
106
Jan
Jan
Mar
Carbide
Caroon
&
Calif
of
Co
1,143
41%
Jan
a49% a50%
150
100
49%
Jan
495/a
Feb
United
Air
13% Mar
15
Jan
United
Corp of Del
1,909
71%
78
Feb
United
Gas
1,107
11% Jan
60
37% Feb
373/e
19i
2,260
2l3/4 Feb
24
13%
77'A 773A
12 127a
a397e a3978
24
13%
24
14%
67% 67%
a3478 a84%
a50'Aa51%
2
2%
40
20
195
710
Jan
14% Jan
Feb
Mar
Lines
S
Steel Corp
Universal
common
Consolidated Oil
Jan
143A
Jan
69'A
Jan
Victor
447a Jan
17« Jan
_
—
493/4 Mar
27a
Feb
Co
Equipment
Warner Bros
Wells Fargo
Westates
Pictures
Preferred
(Un)
43%
Feb
10%
107»
355
10% Mar
11%
Jan
Western Air Lines Inc
—
16'A
16'%
230
15
Jan
16 Va
Feb
Western
17'%
173A
24%
1.70
7
5334
637
167a Mar
19%
Jan
20
40o
1,300
21
Jan
25 'A
1.60 Feb
1.75
1,550
49
(Un;—•
a407e a4078
——•
12%
Corp
Motor Car Co
6%
Inc
For footnotes see page
38
—
1.70
7
53'%
—
11%
24%
1.60
4%
53
al4% al43/8
11%
11'A
50
42%
3% Feb
Jan
7
Feb
Feb
Mar
533A Mar
74
1374 Feb
15%
Jan
100
9% Jan
113A
Feb
5
1
5
W7
74
Feb
Jan
25Va
Jan
32%
292
30%
Jan
32 Va Mar
267s
39%
21.
407a
29%
26%
39%
2178
42%
172
233/4
Jan
27% Mar
29%
5%
231
23
/a
38
Feb
39'A Mar
672
19%
Jan
22
1,072
37%
Feb
33 %
Jan
Jan
29%
Feb
30
29'A
5%
100
5%
Jan
400
11%
Jan
11
20
28
Feb
140
29%
Jan
36% Mar
42%
Feb
44'A Mar
514
35
Jan
393A Mar
32
Feb
36%
22
Feb
24 % Mar
Feb
.17% Mar
34 /4
600
24 .2
17%
31%
1,150
1,430
16
2,001
Jan
508
29 %
Jan
303/4 Mar
353/4
36
198
333A
Jan
36
—
13'A
52'A
13%
53
1,127
113A
Jan
1,322
50%
Jan
7/64 11/64
28% 28%
31c
31c
46,774
—
—
—
a64%
44 v8
273/4
Feb
26'A
Jan
28% Mar
211
31c
261
2,438
143
361
Feb
32c
Jan
21%
Jan
23'A
Feb
61
Jan
67 Va Mar
42%
Jari
46'A Mar
66 %
70
Jan
Mar
2,550
26%
Jan
30% Mar
312
22%
£37%a37%
86318 a64%
24'A
25
lp% 17%
18 A 18 ,4
43% 44%
26% 277t
13% Mar
54
205
23'A 23'A
653/8 67'A
a46% a47'A
70
70
29% 30%
22%
Fefc
Mar
13/64 Mar
7/64 Mar
22'A
Jan
23% Mar
10
36%
Feb
36%
287
593*
Jan
62% Mar
23
Jan
25
8,688
125
14%
Jan
18
Jan
1,062
42 % Mar
1,597
25%
2,505
,
17%
Feb
Mar
Feb
19Va
Jan
45
Jan
27% Mar
Feb
100
13%
Jan
14'A
Feb
a27
60
253A
Jan
28
Feb
15%
218
13 Va
Jan
16 Va Mar-
960
3%
Jan
104
17 3A
Feb
19 Va Mar
—
4
4'A
19'A 19 A
al8%
al8Va al9'A
124
23
Jan
233A
3,217
26%
Jan
32% Mar
41
Feb
56 Va Mar
—
a263A
—
4
137A
a26%
153«
1378
32'A
317A
32%
56'/a
255
56 Va
56'A
3Va
6%
3'A
7
450
365
14%
1274
147A
2,150
12% Mar
2
4% Mar
6% Mar
—
—
2.70
Jan
90c
16%
20
265
-12%
1
-10
50%
1
25
—
10
25c
—
53A
9%
710
5Va
8
Feb
Jan
Jan
Feb
1.25 Mar
.
7% Mar
9%
Feb
Feb
18
Jan
20
Mar
31 Va
Jan
25
5%
Feb
48%
Jan
4
Jan
300
Mar
390
200
7%
16
Jan
160
67A
9%
17%
a23
34%
a6Va
21,527
Jan
33/a Jan
Feb
275 Va
780
pfd
53A Mar
682
44%
39%
17'A 17%
a22% a237A
345/a 34%
a6'/a a6Va
50% 50%
4 %%
(Un)..
Mar
423/4 Mar
29% Mar
340
15,931
—1
Mar
32%
1.27
7%
9%
(Un)
Cement
Feb
Jan
24%
65
a284
Preferred
Portland
9%
8%
Jan
7
35
pic
Yellow Cab Co common
Yosemite
Feb
a284
Westinghouse Elec Corp (Un)
Willys-Overland Motors (Un)
(F
15%
—
...
...
Mar
31
1/0
Stores
—
-—50c
Western Union Telegraph (Un)
—•
Feb
Mar
12%
100
Dept
Woolworth
65
a—
27 % Mar
(Un)—l
——1
Feb
103A
*
pfd
Inc
(Un)
common
3
non-cum
—
Bank & U T
Petroleum
—10
<Uh)_l
•
10
(Un)
Utah-Idaho Sugar Co
Jan
a__
1
Corp
12%
—
1»
(Un)
67
a
—5
United Par Theaters ctfs of int
U
•
28
12%
Inc
1,741
17
Feb
—
70
(Un)
United Aircraft Corp
47
(Un)
common
250
143/4
a...
31% Mar
—
cap
common
47
13 %
Mar
Union
com
7
Jan
2 7 3/4
25
22'A
Mar
1,162
5'A
36 Va Mar
16%
—
3A Jan
Jan
Feb
2
277a
143/4 Mar
105
5
Jan
5
50
100
34'A
10
883
65 Ve Mar
29% Mar
Transamerica Corp
44
1%
106
Feb
23%
Transcontinental & Western Air__
15
1
50%
58
228
31c
28
-—
11% Mar
Jan
45 Va Mar
1,739
67'A
25
(Un)
cap
18Va Mar
27
307s
—10
Texas Company
Jan
.19% Feb
,
353A
1
Super Mold Corp
Jan
Com
8%
Feb
21
Feb
Jan
Jan
27
30%
—25
(Un)
Studebaker
18%
17
—
4%
10%
35%
25
(Ind)
Co
Jan
Feb
106
—
(Un)
Calif
of
a__
—
—*
•
cap
Co
23'A Mar
—
—
,
Co
Oil
106
20
15
477s
.1278
Valley
—
—
-
Standard
—
3%. Feb
17
30'a
1
—*
8perry Corp
<1—
224
a28% a283/a
32%
(Uni—•
Feb
312
a8%
65
—
—
146
Feb
14%
Feb
1% Mar
224
325
Feb
Jan
25%
109'A Mar
is'^
a8%
65
—
17%
Feb
Mar
Jan
839
31
153/8
5
—
Spring
31
437a
39%
—
Mar
55
16
Mar
101
2,201
a34% a34 A
•
Jan
106 %
10
—
5
Mar
Jan
17%
—
Co
4
10
17%
12- 12 y
Pacific Co
16
Feb
Jan
—
Bouthern
Mar
—
—
21%
42'A
297b
29%
Southern
Mar
—
--
Feb
67
Jan
—
9%
32
Mar
—
16 % Mar
61
18%
65
cumulative
Jan
45% Mar
—
Jan
Feb
Feb
Feb
29%
9 %
—
15
5
Edison Co com
Calif
303a
29%
Jan
Feb
Jan
200
al8% al9%
17 17'A
'
11 11%
a447A
a46
ao3% a64%
5
5
16%
17
a35% a35%
15
Co
Jan
—
15%
8
18%
29
1,175
•
Socony-Vacuum Oil (Un)
Sound view
Pulp
Co
4.32%
52%
103%
a40
5
Signcl Oil & Gas Co class A—_
Sinclair Oil Corp (Un»
'
Southern
4d3
3%
—
preferred.—25
Convertible preferred 4.48%
25
Southern Calif Gas pfd series A
25
Mar
105
28
/ 35
33A
1
common
Inc.
Stores
525
a397A
xu
Co
W fine Foods Inc
Jan
—
(Un)..*
A
Roebucic & Co
Jan
25
1
58%
•
(Un)___
class
Co
655
13% Mar
"
—10
—1
•
common
61%
Battery Co class A (Un)——*
Development Co common
1
Holly Oil Co (Un)
1
Hunt Foods
Cement
Bros,
204
Hobbs
Hudson
Roos
13% 13%
16% al7'A
106
Pineapple Co Ltd
Oil
Mar
a62% a637a
Holly
Honolulu
32
—
&
Stores
Mar
16%
*
Co
Manufacturing
Oil Corp..
Riverside
a„
32
—
—
a637/8
100
Greyhound Corp
Bros
a
3%
Rubber (Un)_„—•
Graham-Paige Motors (Un)
—1
Haie
125
105
11%
25
State Co Ltd common
preferred—
Goodyear Tire
Richfield
105
•
General Foods Corp common
Metals Corp cap .
F)
Rheem
Feb
400
695
2%
General
(B
Jan
34%
2,368
1
General Electric Co
Goodrich
773/4
16
common—5
fc Kleiser com
Golden
67% Mar
Feb
323A Mar
3%
31%
Liquidating Corp common
1
Prod prior pfd <Un)_.100
Florida Power & Light
*
Food Machinery & Chem Corp com„10
Gladding
Jan
68%
15
Board
Motors
63%
Republic Steel Corp (Un)
Reynolds Tobacco class B (Un)—
3%
31%
FAR
General
Feb
3%
5
—
Feb
33%
—
Equip
Preferred
—
a35%
(Un)——1
com
87a
15'%
Co
&
Orpheum
35%
16
*
& Share CO
Jan
__
a447/8
ao4%
•
(Un)..
America
of
63
32
*
7.50
Railway Equip & Realty Co Ltd pfd-100
Rayonier Incorp common
1
Jan
—
5
(Un>—10
-AO
33%c
-—29
•
_*
Works
Oil
Bond
303/4
17%
al8%
17
•
_15
(Un)
Nemour*
de
Keith
—
•
(Un)
Coro
Radio
Jan
—
—1
iUni_,
(Un)
32%
a
(Un)_.1
Jan
*
Co—
Radio
3374 Mar
1.80
._
•
—
(Un)
36% Mar
Jan
28
37 V* Mar
Jan
29 %
730
144
Fh'Jlips Petroleum Co—
Pig'n Whistle conv prior
Jan
35
260
6
Phelps Dodge Corp
Pure Oil Co
2 503
1.196
(Un)
Pepsi Cola Co
$2 Mar
44,434
(Un)
Feb
A Mar
1%
Airways
Jan
290,518
al46
common..
Jan
Mar
106
—
World
Pictures Corp
34% Jan
M)
10
-Un)
31% Mar
al46
—
107
Corp
com
15c
15% Feb
a543/8
Feb
20,869
.
35%
30
28%
28%
a54% a54%
1053A 10574
l|',f
Pullman
32%
—
*
1
co;n__5
A
Co common
(E I)
—
Oil
Co
ComDames
Inc
—
Beb
22%
10474 108%
100
common
Pennsylvania RR Co
Mar
—
•
_100
Motor
Paramount
—
5%
Jan
Feb
—:
Western
Paraiiine
3674
Jan
Jan
4°/a
21
24
31
439
—
12%
Feb
546
Feb
7%
43/4
<
Jan
Jan
7
53/4 Mar
11%
25'A
Feb
Feb
13%
25
11%
27
343A Mar
Jan
1.40
25
53 %
Jan
Jan
11%
—*
Jan
1.40
2.70 Mar
32
700
Mar
Jan
30
Jan
431
14
10%
32%
9,350
12%
550
pfd
Puget Sound Pulp & Timber (Un)
14% Mar
2.75
3474
14%
...
48
1.25
2.70
14
pfd
►
Feb
12%
—
40
105
_*
(Uni
common
Tel
1st
1
Jan
17
32c
14%
1,025
6774
32%
a31% a32%
32
W
American
Pan
12% Mar
Jan
•
Feb
5
Mfg
Chemical
—
Y
Amer
Corp
Dominguez Oil
—
*
common
32-74
__
—
367/a
a71% a73%
__
Bank
Co
66%
—
a723/8
•
of
36%
Feb
Feb
Mar
Feb
Mar
53/4.Mar
Jan
22c
347a
*
53
95
*
*
Class B common
Foster
75
a73/4
cap
Fruit Corp
Doernbecher
Fibre
46
950
_
Curtiss-Wright
Ewa
53'%
all
all
al4% al4%
295/8
Aircraft
Nat'l
Publishing
Electric
54%
297a
25
Zeiierbach Corp
El Dorado
826
29%
A—2%
Edison
Preferred
Eastman
40
3,400
(Un)
com
America
Creameries of
Pont
39%
31
(Un).
Vultee
du
10c
1.55
10
Natural Gas
Dow
1.25
45%
30
3%
Conm "Med Edison Co of N
Di
10
102
450
1.45
*
class
Mar 't'r
46
25
_
13
10c
—
(Un)
Consolidated
Crucible
al.05
Feb
Jan
45%
1.50
(Un)
Co
Consolidated
Curtis
al.05
26%
—
100
Solvents
Menard
10
Consolidated Chem Ind class A
Crocker
—
2'%
Commonwealth
Crown
14
39%
25
Gas
Pacific
593/4
J
(Un)
Sys
51 3/b Mar
Feb
30
1,259
780
Co
com
Broadcast
Jan
58
16%
—
_25
(Un)
Co
49%
53
—
America
Ohio Ry
58
60
4
11
200
(Un)..10
—.
Service
&
Preferred
10c
*
1%
common——.
of
Mining
Rights
Feb
23
16%
•
(Un)
Jan
14% Mar
150
30C
Feb
Mar
2/(0
25
25
—25
A
25
j.
$4.50 preferred
3.25
22%
12'A
^
363A
30
28%
287a
Pacific
10
4,201
12»A
A
Mar
115
—
32%
35
121
51
31%
Jan
a
Jan
32'A
303A
»
40
34%
25
700
a5%
16%
1,236
245
35
a53%
49 3A
2,975
Pacific Portland Cement com
al4% al4%
49
30c
49 %
5
42% Mar
a23% a23%
19 Va Mar
22
Jan
—
213A
Jan
22
Jan
a233/8
13 Va
Jan
16
25
preferred series
Pacific Lighting Corp common
27%
Feb
Jan
18%
180
210
1st
2.50 Mar
Jan
156
534
9%
0
Class B
Columoia
Feb
24% Jan
11 Va
332
12'A
preferred
preferred
red
7% Mar
7% Jan
10% Jan
13
5%
47%
...
(Un)
Ry
Tractor
Commercial
1st
1st
193/4 Mar
19 Va
12'/a
474
35%
1
Jan
15
common
red preferred
Jan
Feb
24%
common—5
55
4,730
36
9%
Jan
18
19
*
a
27
263
35
Jan
22
8
B
a50% a507A
a8% aB%
42
42
—
Jan
8%
103a
Feb
2%
Chrysler Corp
Columbia
5%
5%
Jan
163A
a21 a21%
127a
x
(Un)—_10
4%
50
Chemical
Electric
&
Feb
Feb
3,930
193A
Feb
13% Mar
5
Corp common (Un)__10
Feb
9%
18% Jan
23% Mar
Aggregates...
7-%
50%
Jan
Jan
iUn>—.
Fisheries
13%
Feb
17 Va
11'/a
3,025
—
157
al7% al774
Mar
233/4 Mar
7
—
28
627
6%
<Un)_—*
common
Ginger
Service
Coast
5%
58%
549
Rights
Mar
Jan
Jan
78
Pacific
Gas
Mar
55%
1,455
173/a
23
Mar
23
24
28
13 %
Sugar Plantation
Jan
7
27 Va
1
Mar
11%
42
280
a56 Va a57%
23%
common
Filters
Pacific Finance
6%
Jan
13
common
American
Jan
Mar
19c
23%
13
*
6%
13%
Preferred
Clorox
27c
26c
Feb
120
•
Aviation
Pacific
Pac
Jan
15c
11 %
Jan
Packing Corp common
Cities
574
Mar
8% Mar
2lc
2,500
11%
10%
*
California
Preierred
21c
Feb
Feb
25
5,100
17c
•
10
capital-—
Trad
Paul
574
105'/a Mar
—
23c
83
990
Co
Pac
St
F«*o
Feb
a
22c
a77a
400
—
California
Mil
Jan
9%
2.10 Feb
a77A
11%
a8%
(Un)
(Un)_;
California Art Tile class E_—
Chi
Jan
a
Jan
a
Feb
l
Corp
Co
United
Paauhau
a__
7%
24
*
Cement
Chesapeake &
a__
Oil
Edison
Oliver
90
15 3A
•
1.60
200
11%
common
Cap
Corp
Ohio
Mar
303/4
a
200
836
10
Byron Jackson Co
Eureka
Feb
41
104
a59% a597e
Celanese
Oceanic
39
198
a507/8 a51%
Central
Jan
Jan
Mar
50
1.90
9
Oahu Sugar Co Ltd (Un)-——___20
Occidental Petroleum Corp
1
Jan
13
400
13%
Feb
Mar
23'A
Power
Co
13
9
(Uni
Amercan
34
138
al08%all0%'
a24% a243/8
8
7%
8%
21c
21c
22c
7
7%.
Nor:n
38%
50
a597«
Caterpillar
Mar
75
a51%
Pacific
28
380
5
Canadian
Jan
1,778
15
Corp
& Sullivan
Dry
Mar
28%
Borden Co
Canada
72
32
37%
1274 13'%
2.70
2.80
a27 &27%
Ink
Jan
Feb
28s/s
—
California
697a
36%
2.70.
Calaveras
155% Mar
23
85
a40% a40%
1
Sugar
Jan
100
a23
_5
Calamba
1463A
56
RR
27'A Mar
Feb
11
23
—
Mohawk
Jan
10 3A
1
11%
(Un>
19%
Jan
Holdings Corp
(Un)
Boeing Airplane Co (Un)
Bunker Hill
1
.,
10
Blair
al73A
4
19%
23
195
(Un)—•
11 %
Bishop Oil Co
Borg-Warner
5
Jan
al095/s
a24%
_5
_
28
3%
a9 %
2
(Un)
a56%
300
Jan
409
a227/a a227/a
•
374
408
27%
17c
*
(Un)
17%
al97a al9sA
22c
10
3%
Central
Feb
al47a a 15'A
1.75
1
(Un)
16%
13%
PlO
National City Lines
National Distillers Products
Y
29%
Jan
a41 'A a41 %
Jan
N
23%
66
a41%
1
Jan
Niagara
a27 % a287a
27
•
25
Jan
Jan
8 % Mar
177a
18
52 3A
4% Mar
Jan
33%
Jan
a 14%
rto
113/4
47
Feb
7%
Jan
*
Service
Jan
32
5
Jan
Co.
Linen
45 V*
1-2
18 Va
47
all3/*
—1
5
1
*
(Un)
Corp
Steel
High
690
32 Va
a77a
32%
Ju%
Mar
46
32
Feb
160
—
3
13
Aircraft,Corp
Aviation
Low
f eD
Mar
54% Jan
16% Mar
(Un)
Nash-Kelvinator Corp
National Auto Fibres
19
Va Jan
313a
—
...
Range Since January 1
Jan
51
275
Utilities
Power
16%
320
5
(Un)_
100
(Un)
Petroleum
Bendlx
South
(Un)
Inc
1
Baltimore & Ohio RR
Bandinl
Co
90
262
Feb
16%
common
Montgomery Ward & Co
Morrison-Knudsen Co
High
—
5
(Un)_100
5
—2.50
P10
Topeka & Santa Fe
Corp (Un)
Atlas Imperial Diesel Engine
Atok Big Wedge Mining Co
Atlas
Co
18 al87a
a50% a52%
7%
a303A a31%
1
Robbins
Jan
a31
160
36%
Co
Nat
&
&
49% Mar
Jan
4%
6%
Jan
13% Jan
36c
167a
1
Navigation
29
Jan
Feb
46 V*
46
a27%
(Glenn)
Menasco Mfg
11% Mar
♦
Calculating Machine—.
McKesson
9%
Jan
Mar
_*
common
Co
Magnavox
Jan
25 Va Mar
33c
Mar
38
a77/a
32
7
—
Martin Co
9%
50
a
6
Lockheed Aircraft Corp
Inc
(Un)
Macy & Co (R H)
3
2.05
Mar
1,300
6
10
Loew's
Marchant
a487s a485A
a507A
47
...
20
Archcr-Daniels-Midland
Arkansas
a22%
•
Anglo Calif Natl Bank
100
•
1
—8.75
...*
High
Jan
38
1,660
33c
2
1.75 Mar
715
12%
33c
Libby McNeill & Liboy
Montana
Sales
a67%a68%
14
.
(Un)
Co
257*
11%
1.
Co
4,565
25 Va
12
P2
Kaiser-Frazer
Salt
120
25Va
•
(Un)
com
—
Jonns-Manville
Lee lie
38
Low
150
•
(Un)
Tel
38
Range Since January X
4,275
11%
a23
14%
(Un)
(Un)_.
American Viscose Corp
American
*
•
(U11)
San
American Smelting & Refining
American
al6%
(Un)
Co
1.90
10%
a223/4
__
1
(Un)
Inc
47
of Canada
International Tel &
1.75
—i
1.75
11
a20a203/4
„1
Shares
33%o
-
all%all%
__
Foreign Power (Un)
American
Amer
47
Exploration
independent
M J & M & M Cons
for Week
Sale Price
Air
for Week
High
-20
—
Mindanao Mother Lode Mines
Last
Friday
lo
Sales
Range
Low
1
(Un).—1
,
Middle
San Francisco Stock
STOCKS
Week's
of Prices
.
for Week
Sale Price
Last
Sale Price
Sales
Last
STOCKS
STOCKS
Mar
18*
18 A
138
183A Mar
2oc
25c
100
20c
Feb
34% Mar
7
50%
Feb
Feb:
5
Jan
19%
Jan
25c
Mar
34
(1290)
THE
&
COMMERCIAL
LISTED
CANADIAN
FOR
RANGE
Montreal Stock
FINANCIAL
WEEK
CHRONICLE
Monday, March 27, 1950
MARKETS
ENDED
MARCH
Friday
Week's
Last
Range
Abitibi
Power
$1.50
&
Paper
common—
preferred
class
Co
Bathurst
Bank
14%
3,980
13%
Jan
15
Jan
555
370
%
90
8%
9,265
7
Jan
78
115
75
Jan
25c
25%
25c
500
15c
26%
740
24%
26%
39%
40
3,014
22%
22
22%
15,480
•
•
Columbia
Elecc
Columbia
Forest
pfd
100
Products——*
British
Columbia
Power
Corp
4%
cl
A—*
B
•
26%
540
Jan
Jan
27%
Jan
Jan
27%
Jan
90%
90%
90%
30
90
Jan
91
Jan
3.40
3.15
3.50
28%
28%
28%
3
3.10
19%
32%
19%
14,775
2%
Jan
1,281
27%
Jan
700
2%
Jan
25
580
30%
Jan
400
8.50
Feb
35%
573
34
Jan
38%
Jan
29%
29%
1,240
29
Jan
29%
Jan
11
11
•
19
18%
19
60
1,890
40
205
22
2,225
295
preferred
100
Ltd
104% 104%
•
20
20
65
23.10
23.10
239
*
a20
a20
10
preferred
•
common
A
preferred
Pacific
&
14
Jan
15
Jan
28%
Jan
34
Mar
40
39%
40
255
37%
Jan
40
Mar
23%
23%
210
22%
Jan
24%
Jan
8
8%
565
Feb
9
Jan
8
8
50
27%
292
34
34
50
*
9%
15%
Feb
18
Mar
16%
Jan
18
25
2,246
25
25
250
31%
400
21
25
Jan
Feb
37% Mar
23%
Jan
22%
23%
6,265
20%
Feb
Power—:
Jan
45
Jan
Jan
27
Mar
45
Feb
56
47%
Jan
40
149% 149%
al4%
al5
57
Jan
15
56
preferred
Feb
14%
Jan
15%
Jan
47% Mar
17%
3,101
71%
4,713
100
100
10
12%
12%
985
16%
16%
555
a25 a25%
20
9.65
11%
32,520
15%
15%
"
345
Jan
63%
Jan
99
Jan
12
Mar
16
17%
Jan
71% Mar
101
Mar
13
Jan
Jan
17%
Jan
Feb
23
Jan
8.80
Feb
11% Mar
21
12%
Jan
34%
15% Mar
35
1,357
27
Jan
16
35
15%
16'%
660
14
Jan
15
14
15
50
16
Mar
99
97
95
99
680
84
%
1
55
54
55 %
1,035
50%
•
com
preferred
25
25 %
1.535
23% Feb
47
25%
48%
431
47
51%
48 %
52
385
51% Mar
52
24
Mar
22'/a
24
57
22
Jan
24
Mar
22
21%
646
20
Jan
22
Feb
19%
Jan
'
•
0
*
A—
21
13
14%
705
27-%
27%
27 %
100
Canada
Standard
Chemical
•
98%
—1* '
common-
5
Lid
Brothers;
Thrift Stores
Jan
165
20%
Jan
21% Mar
591
19
Jan
23
Mar
9%
9%
9%
705
10
Feb
20%
20%
20%
1,580
21%
Feb
20%
20%
21
715
15
"5
15
5
5
7
•
7'%
50
14
Feb
15
136
5
Mar
1,180
14%
14%
200
44
46
4,635
25 %
25%
"17%
11%
100
35
38
5,810
63%
63%
26%
Wilsils .Ltd
29
%
•
common
36%
•
common
——
_
preferred
—25
'
"
Jan
Mar
21% Mar
44%
-r.
•
__
8%
20
20 % Mar
25%
'
Worts
common
__
100%
21%
0'
Wabasso Cotton
Limited
98% Mar
Feb
Jan
22 %
0
St
30
21
"'0
Corp
Winnipeg Electric
50
Mar
14% Mar
22%
.
New preferred
Walker Gooderham
98%
27
*
Jan
21
•
common
new
21%
9% Mar
Jan
*——
•
Power
Co of Canada
75
Feb
"
.
Press Co
22
21
14
20
__
Southam
Mar
47
*
Southern
99
55% Mar
52
c
class
Jan
Jan
Jan
—50
common
vt
Ltd
25%
Mar
16% Mar
21
__50
preferred
B
preferred
Feb
•
common
Simpsons class A
5%
149%
1
Mills
Paper 1st preferred
Sicks Breweries
6%
Feb
42%
15%
4%#> prefererd
Sherwin WilUaihs of Canada
Zellers
54 % Mar
149%
120
16%
25
Mar
1,135
69%
49
(Geo)
170
47
46%
12%
Shawinlgan Water & Power
Weston
Feb
26%
17
2nd preferred
Steel
175
Feb
38%
11%
Lawrence
United
Jan
261
common
St
Tooke
Feb
22
330
16%
preferred
Lawrence Flour
Steel
71
46
70%
1st preferred
4%%
23 % Mar
24
26%
—
common
$1.60
Cprp
v
1,852
Jan
Jan
66% Jan
19% Mar
46
56
2nd
Common
19%
19%
22
GO
26%
100
St
Sheraton
2,719
10
al5
Power;
4%
69
Jan
50
46%
Ltd
Regent Knitting
Royalite Oil Ltd
Series
23%
11%
44
Corp of Canada
Series A
1,705
170
.—1
Co„
Lawrence
Jan
75
23i%
26%
•
Provincial Transport
St
10%
11 %
Jan
44
—
preferred
Quebec
Feb
170
.100
Bros it Co
4%
75
6%
Mar
5% Mar
Jan
7%
14
Feb
15%
36%
Jan
46
Jan
Feb
Mar
24
Feb
17
Mar
19
Jan
Jan
38
Mar
Jan
67
25% Mar
33%
175
52
26%
125
25%
Jan
26%
Feb
29
25
27%
Feb
29%
Jan
Feb
44
890
40%
Jan
44 %
21%
21%
21%
638
20
Jan
29%
29%
501
27
Feb
46
46%
745
44% Mar
48
35%
25
35
36%
21
3,355
a34
a34
10
27%
28%
46%
20%
Jan
H)
19%
Jan
22 %
Jan
35%
565
26%
Jan
29
225
26
Jan
425
21%
Feb
22%
7,134
11
Feb
12
Jan
al75
al75
10
173
Jan
174
Feb
95
96
70
Jan
96
Mar
-20
a4.85
16
15%
100
93%
a4.85
common
Lang St Sons Ltd
Candy
Inv
A)
Shops Ltd-
Products
Belgium
19%
100
17
Jan
19% Mar
19%
Jan
20%
Jan
Bickle-Seagraves Ltd
16
Jan
Brand
230
26
1,176
a99 a99%
40
18%
18%
108
50
2,320
18%
45
108 108%
35
14% Mar
14
&
Jan
Common
Jan
2%
Jan
17%
Jan
104
108% Mar
3
Feb
19% Mar
-
class
Ltd
Jan
105%
10
52%
Jan
52%
19
1,585
17%
Feb
19%
Jan
13
14
2,460
12
Jan
14
Jan
Mar
*
cl
Paper
A_
3.90
3.90
3.90
50
7
7%
200
12%
12%
50
2.00
1.90
9%
35c
9%
9%
Butterfly Hosiery Co Ltd
38% Mar
Jan
Canadian
43
44
Dredge &
41% Mar
48
Feb
Canadian
Fairbanks-Morse Co Ltd
Food Products Ltd
22%
21%
22%
9,658
21% Mar
23%
Jan
13%
13%
13%
1,844
13% Mar
14%
Jan
26
26
26
280
25%
Jan
26%
Jan
7%
Jan
1,360
Vinegars
Canadian
7%
7%
115
34%
2,765
29%
Jan
35
Mar
a86
10
85%
Jan
87
Jan
34%
34%
75
29%
Jan
34% Mar
34%
35
655
32%
Feb
35
Mar
5
5
25
4%
Feb
6
Mar
7%
Jan
__
Dock
Co
_
7%
Canadian
Inter
Inv
Trust
_
_
5%
-
Vickers
16%
385
16
Mar
17%
Jan
30
Mar
32%
Jan
Canadian
: Mar
3.90
4,600
3%
Jan
4%
Feb
99%
239
92%
Jan
104%
Feb
2.25
300
1.50 Jan
2.50
Feb
11
Jan
Jan
43% Mar
Cassidy's
49
Jan
T/%
Jan
a25
a25
20
24%
Jan
26%
40
Jan
47
310
200
18%
18%
_•
115
10
112%
Jan
1,642
8%
Jan
10%
Jan
•
48%
Catelli Food Products Ltd
48%
48%
105
46
Jan
49%
Feb
21%
Chatco Steel Products Ltd common—
0
21%
21%
1,093
19%
Feb
22%
Jan
Chateau-Gai Wines Ltd
11%
12
205
11%
Jan
12
19
19
50
19
Mar
20
Jan
24
24
200
24
Mar
28%
Jan
Consol
al55
al55
11
Jan
Consolidated
152
Jan
18
18
35
17% Mar
16
16
50
16
Mar
90
Mar
90
90
4
10
10%
350
8%
17
a94
9%
Jan
155
Mar
Commercial
7%
8%
preferred
of
Canada
17
Jan
Consolidated
Mar
5%
Textile
Mills
Co—
Frere
•
88
Jan
3.80
160
11,900
61
65
57
Jan
61
13%
13%
13%
425
12
Jan
13% Mar
115
115
21
113
Jan
115
Feb
39
Jan
42
Mar
10%
Jan
14%
Dominion
94
Jan
94
Jan
21%
Jan
25%
Jan
Dominion Oilcloth & Linoleum
Dominion Square Corp
13%
Feb
16%
Jan
21
Jan
Engineering
Woollens
25
225
50
25% Mar
29
Feb
Eastern
26
50
25'/a Mar
29
Feb
Fairchild
20%
21
2,545
20%
Feb
22
Jan
Federal Grain
25% Mar
Donnacona
Paper
Steel
Works
Co
Co
Ltd—
Co Ltd.*
Jan
a8
a8
5
3.00
2,370
4.15
4.75
1.100
4.15 Mar
8%
8%
25
8% Mar
a27
a27
20
24%
20%
19%
20 %
13,283
12%
■■
100% Mar
3.85 Mar
Mar
Jan
7
Jan
8% Mar
2%
Jan
3
Ltd
Mar
240
50%
Jan
51
Mar
Fleet
2,234
37%
Manufacturing Ltd
Jan
63
Mar
Ford
Motor
•
of
Canada
cluss
A.
20% Mar
11
Jan
18%
13%
Feb
Jan
18%
30
Jan
34
Feb
12%
Jan
17%
Feb
60
1,255
50
Jan
60
170
39
Jan
41%
210
61
Mar
10%
10%
25
18
9%
Jan
65
10%
Feb
Mar
Feb
Mar
Jan
1,647
6
3,295
5%
Jan
1.80
600
1.40
Jan
1.80
9 %
9%
375
9%
Jan
10%
Jan
1.15
28%
18%
5 %
1.80
*
62
Jan
65
*
50%
17"%
40%
6
56
Mar
58
18%
50%
27
65
.—5
A___
Jan
Jan
40%
•
Jan
9
60
•
Ltd
4%
40%
•
Ltd
class
al4%
*
Worsteds
&
Products
Aircraft
Co
3%
2.60
2.95
110
•
26%
10
625
al5
*
25
a43
13%
al4%
B
26
a43
13%
13%
15
Class
26%
Jan
97
30
Jan
Dominion
Feb
2.25 Mar
12%
3.80
725
Mar
5,357
Feb
61
a34
9
•
1.50
96
18%
17
Mitchell
Jan
Feb
4%
3.65
12%
Jan
20
8
103
—
a34
17
3,742
Jan
Jan
Feb
18%
35
a94
2%
12
12%
730
24%
5%
93% Mar
95
-50
com
class A
9
14%
Jan
250
i '_20
Limitee
17
7% Jan
Feb
Jan
178
2.25
*
•
preferred
&
18%
24
Feb
12%
*
Ltd
90
David
75
Jan
Feb
12
—5
:
Bakeries
Jan
10% Mar
3,025
Jan
*
Lithograph Mfg
Consolidated Paper Corp Ltd
19%
*
1
3.90
Jan
Mar
17%
2.00
common— __4
common—
7%
93%
5.50
21%
176
12%
™
Ltd
27
3.55
100
Alcohols
192
4.60 Mar
13% Mar
'
•
12
105
23
178
93 %
3.90
—
—1
18%
23
178
•
preferred
Jan
50
5
9%
7%
Jan
51%
14% Mar
200
46
9%
Mar
22%
51
5
115
115
Jan
Feb
13%
45%
~2
-
Westlnghouse Co Ltd
Limited common
10
50
5
Mar
21%
13%
46
Feb
6% Mar
90
50
•
com
11%
'
a25
9%
58
Jan
85
13%
•
Canadian Western Lumber Co
4.272
.100
6
10
335
•
43%
-_40
50
1,005
-
30%
37%
Jan
Jan
9% Mar
505
•
Ltd
16
21
Feb
11
13
•
Ltd
41
5,277
2.00
45c
85
22%
*
preferred
Canadian
9% Mar
Jan
Jan
3.80
_
30
•
Jan
8
Jan
12% Mar
6%
13
5%
preferred
100
Canadian Marconi Company
—1
•
Canadian Pwr St Paper Inv Ltd com
30
25
8
1.85
Jan
7%
Jan
12% Mar
25c
Jan
4.00
98%
100
16%
•
125
22
Ltd—
preferred
43%
•
9'A
13
.
Canadian Gen Investments Ltd
Canadian Industries common
•
9
10,500
22%
*
Ltd
7%
—.
3.90:Mar
6 %
Mar
9% Mar
11
*
50
a86
3
50
1,800
40c
•
Feb
al55
9%
2.00
-
,_1
Canada St Dominion Sugar
Canada Malting Co Ltd
Jan
34%
•
7
85
2.25
48%
24%
38.
Jan
99
34%
13%
Montreal Telegraph
Montreal Tramways
7%
3.80
255
24%
—
6,090
•
1,000
13%
A
9%
100
Ltd
38%
•
B
8%
-I
Company common
49%
•
(Robert)
16
9%
85
37%
*
Feb
com_*
48%
35
13
14%
6%
&
49%
•
Jan
300
_
Pulp
Preferred
Canada
High
25
15%
Feb
18%
Brown
Low
11
15%
*
_
Columbia
Burnett
Range Since January 1
High
15%
.
Packers Ltd
19
_
Low
•
99% Mar
106
Shares
•
A
Jan
Class B
*
—
•
-
Jan
110
for Week
•
Ltd
Columbia
British
E.
——-
Millen
St
-5
Co class B
Brandram-Henderson
Jan
Sales
Range
12%
British
Jan
Week's
of Prices
Hosiery of Cda—
32 % Mar
17%
Mar
11
Ltd
-
&
26%
98
39
*
class
Paper
Ltd
Glove
Jan
150
25
Pr
Bros
Jan
19
104
Bathurst
24%
a2.85
104
5% Mar
29
19
a52% a52 %
_100
Fabrics
Beatty
32%
0
_
page
40
•
Jan
Massey-Harris
see
105
Ltd
Feb
McColl-Frontenac Oil
class
Steels
15%
25%
•
common
Ltd
39 %
—
Last
Co
16%
!
For footnotes
Atlas
Develop
Jan
7%
•
Locomotive
Anglo-Nfld
Jan
4
Breweries
Jan
39%.
Glove Works Ltd.
Jan
25%
a 99%
-100
_
preferred
28
Par
Acme
2.00
19%
•
preferred
Corp Ltd
41%
Jan
Friday
13%
34%
100
__
Export class A
B
Jan
27%
Sale Price
15%
15%
0
common
(John
39
1,855
Canadian Funds
53
15
0
„
1.040
STOCKS
395
•
common
Ltd
preferred
40%
27%
5
Corp
Service
40
27%
Montreal Curb Market
975
32
100
25
Utilities
Jan
Feb
40
27%
43
32
preferred
International Petroleum Co Ltd
International Power
28
10
16%
19%'
25
$4.00
Jan
Feb
£1
preferred
27
27%
20
—10
_
38%
St Smelting
International Nickel of Canada
International Paper common
1,251
*
15%
a2.85
25
Woods
•••
16
15%
19
common
27%
•
14%
32%
0
preferred
Mar
27%
28% Mar
22%
.50
Mining
Jan
31
Feb
11%
TOO
Paper
26
Jan
——
'
Jan
28%
preferred -25
preferred
Jan
30%
:—10
.
Toronto
19%
common
20% Mar
24%
25
Jan
33
11
11
Products
4%%
Jan
135
31
10
*
Royal
Auto
4.16%
680
25%
1
29% Mar
100
preferred-
20%
31
Jan
21%
•
*
A
20
25%
Feb
20%
„
Jan
35%
-
.
Montreal
Nova Scotia.
20
10
,
_______
21% Mar
29%
23'/a
pfd
10
---10
,
Imperial
23% Mar
42%
28
Acceptance Corp common
preferred
Montreal
Jan
Mar
103
Jan
42%
•
common
preferred
Class
Jan
16%
22%
•
preferred
Molson
22%
170
•
$1.60 preferred
'
91% Mar
21
•
preferred
5%
95
Jan
25
preferred
International Bronze
i
91%
15%
37%
19
Mailman
498
21
Imperial Oil Ltd
•
Imperial Tobacco of Canada common_5
1
16
37
104
Can
St
preferred
Price
9
46
Heat
River
Jan
19%
*
_
Placer Development
Powell
Feb
8%
68%
19%
100
Ltd common
nnnime™*
15%
92
1
Public
6%
35
23%
69
commoi
Products
Ottawa Light
Penmans
a8%
43
11%
Page-Hersey Tubes
Feb
100
Class
Jan
100
Ltd
Secord
29
1,901
common
the
22% Mar
•
Heating
(John)
825
6,415
Goodyear Tire & Rub 4% pfd 1927. ,_50
Gypsum Lime St Alabastlne
Hamilton Bridge
London
25%
•
Corp
MacMillan
10% Mar
♦
preferred
S
10% Mar
Jan
18
General Bakeries Ltd
General Steel Wares common
;
Jftn
8%
17%
•
common
Power
i-
8%
325
*
preferred
Laura
3,805
17
Famous Players Canadian
Corp
Foundation Co of Canada
£
10%
10 %
167/e
5
-
East Kootenay Power
Eddy Paper Co class
International
Jan
18
Co
Donnacona Paper 4%%
Bay
Jan
36%
Steel
40% Mar
22%
22%
preferred
Ontario
37
220
a8%
a8%
—5
ranariienno
6%
Smith
28
17%
•
preferred
Cos
Feb
Feb
25
voting trust ctfs
Redeemable preferred
Dominion Textile common
Gatineau
26% Mar
32
9
9%
24%
Common
Co
Mar
12% Mar
*
Dominion Stores Ltd
Dominion Tar St Chemical
<T
7%
8
Feb
common. —5
33% Mar
41
to
Glass
Estabrooks
11
10
•
preferred
20
Dominion Steel & Coal class
B—25
&
900
26%
7%
Electrolux
7%
Mills
High
1,308
40%
Car
Flour
Low
34%
Banks—
Seal
Coal
Dominion
*
Feb
670
12%
Ltd—
Cork
of
Jan
20%
2,802
Dominion Foundries St Steel
7%
Jan
23.10
Feb
14%
Leather Co class A
Dominion
Lake
20%
Jan
20%
33%
*
Railway
Distillers Seagrams
Dominion Bridge
V
Jan
22.90
12
25
Cockshutt Plow
Consolidated Mining St
Smelting
Consumers Glass
*
Feb
33
0
Corp
Jamaica
20
104%
Jan
14%
*
Name changed
Sheraton
Ltd
Lf.batt
Jan
24%
Jan
12%
B
Canadian
V
102%
41% Mar
23%
20
pfd
Canadian Ind Alcohol class A
6%
Jan
Feb
25
class
Canadian Locomotive
Canadian Oil Companies
$4.25
34
21% Mar
23
14%
B
$1.25
19 % Mar
Jan
23%
Canadian Foreign Investment
Indust
14
Jan
25
Canadian Cottons 6%
6%
12 %
•
common
$1.00 series
Canadian Converters
4%
10% Mar
20
Class A
$1.75 preferred
Hudson
26
20
cumulative preferred
$2.00
Mar
9.75 Mar
34%
24%
Howard
34
34
9.60
24%
5%
19% Mar
29%
50
Foundry
Ogllvle
Feb
3.15 Mar
Jan
9.60
21%
5%
29
Steel
Range Since January 1
High
34
-25
—
Corp_,
Niagara Wire "Weaving
Noranda Mined Ltd—
3.50 Mar
17
32%
39%
Fraser
Jan
15
24%
common
Canadian Celanese
National
Jan
14%
40
Fraser
22% Mar
26%
22
Enamel
41
Jan
25%
24%
7%
26% Mar
Feb
19
150
•
Davis
Jan
39%
700
•
Crown
25
1,413
Bronze
Cardy
Jan
14%
Breweries
Class
Mar
25c
26%
•
preferred
Class
Jan
26%
Canadian
&
76
34%
__
8% Mar
,
26%
Canadian
Canadian Car
Jan
20
—
Canada Northern Power
Corp
Canada Steamship common
Canners
Jan
Mar
14%
5
Canada Cement common
$1.30 preferred
5%
Mar
Mar
26%
•
Dredging
Convertible
59
27
46%
26%
26%
•
class A
Building Products
Canadian
Feb
Jan
8
59%
British
5%
52%
26
45% Mar
76
25
Gold
59
26%
46
26%
Co
Preferred
5%
14%
8%
Shares
Low
common.
National Drug & Chemical
Preferred
i—
Jan
•
British American Oil common
Bulolo
Jan
9
•
British
Bruck Mills Ltd
Feb
25
Breweries
preferred
Power
Power
Note
23%
Jan
29
St
26% Mar
Jan
Feb
8%
46
Paper class A
Light
Jan
22 %
250
58
25C
Traction
21%
24
9
26%
25%
American
Class
475
59
Telephone
British
3,680
High
8%
loo
Power it
14,952
23 %
26%
Asbestos Corp
Bell
High
24%
46%
—•
Range Since January 1
Low
23
pfd. -50
preferred
Shares
2614
pfd_. -25
of Canada 4%
7%
for Week
24
14%
0
-
Warrants
Brazilian
23
•
A
Anglo Canadian Tel Co 4%%
Argus Corp Ltd common
4 V2 %
25%
•
Aluminium Ltd
Aluminum
Low
26%
-20
Acadia-Atlantic Sugar
Agnew-Surpass Shoe
Algoma Steel
ef Prices
National
Sales
1
Par
for Week
Par
Friday
Sale Price
Sales
Range
of Prices
STOCKS
Canadian Funds
STOCKS
Week's
Last
Sale Price
Exchange
1.20
1,400
1.15 Mar
1.75
Jan
28%
28%
1,666
Jan
29 %
Feu
16% Jan
24%
18% Mar
6
Jan
Feb
Volume 171
Number 4893
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1291)
CANADIAN LISTED MARKETS
| RANGE FOR WEEK ENDED MARCH 24
"••v.
stocks
for Week
of Prices
Sale Price
Foreign Power Sec Corp Ltd
Shares
ion
§*ml Likes
Paper Co
Halifax Insurance Co_
54
100
*17
10?
LtdCommon
Ltd com
•
J
K
3$3P
8/8
85
550
13
«"pr°fnear',5amt5 (Ca"' Ui
Invest
~^
C1
!
Foundation"Ud"common
Lambert
(Alfred)
Lowney Co
Ltd
lnC
Teleg & Tel
\l
8^
"*
common..:—10
ulwil lE* c° m%
Lt
&
II
Pr
Co
Paul
'
common
pfd
Ltd
Western
C)
Mining
Co
Ltd.!"
Mining Corp
Consolidated
Cournor
25
7 Va
25
14
50
10
5%
50
7
2,356
13
Gold
18
Jan
50
113
Jan
25,391
17%
41c
Feb
50c
Mar
300
13%
Jani
16%
Feb
200
10
Feb:
13% Mar
19 V.
i
14Va
Jan:
19 % Mar
100
36
Feb'
36
Feb
540
12%
Jan
28
Mar
50
Jah>
53 Va
90
15
210
14 % Mdr;
14 Va
95c
111/4
1,425
36
23
53
Labrador
ZZZ
77 *
j
Jan'
3c
Jan
Jan
Jan
Barymin
""
Mines
Ltd
Mines
Ltd.
Mining & Explor
Lake Shore Mines Ltd
Lingside Gold Mines Ltdl
Goldfields
Mclntyre-Porcupine
Norseman
Mines
Ltd
~
Mines
Ltd
Jan
Bobjo
25c
Jan
17% Mar
20%
16c
23c
Mar
Jan
Jan i
2.44 Mar
Feb
3,000
28c
9 V4C
3V2C
500
5c
9,000
5,000
Feb
10c
Jan
Brand
7c
Feb
Brantford
6c
5c
Feb
Mars
Jan
2%c Mar
27c
56.501
21c
Jan;
29c
Feb
British American Oil common
Preferred
61c
4,600
57c
82c
Jan
20%
British Columbia & Electric 4%
1,150
17% Mar
Feb
Mar
4c
5,500
24c
30c
98,700
50c
56c
4,600
4.00 Mar
12 %c
Ltd
Feb
61V*
62
135
12 Va
700
12
40c 45 %c
17,375
32c
Feb
66%
13%
Jan
7%c
500
500
2.50 Mar
9c
9%c
40,500
1.90
600
100
6 V2C
8%c
3,500
15,500
2.10
2.20
1,700
86c
89c
1,600
34c
34c
36c
Jan
69c
Jan
82c
Mar
62c
Feb
62c
Jan
19
-
81c
4,500
7c
5%c Jan
20%c Jan
Jan
23%
Feb
Jan
14c
57c
14c
Jan
Jan
2.35
Feb
89c
32c Mar
2.80
52,200
7%c
9V8c
4,000
a2.93
a2.93
50
2.95 Eeb
1.15
1.16
1,000
1.15 Mar
6c
7c
6,000
6c
Mar
42,800
53c
Mar
3.15
3.75
100
2c
2%c
3,coo
8.0Q
100
3.32 Feb
7c
class
26c
13,500
•
9 9^
7.15
7.30
1,000
1,900
500
Mar
Jan
Mar
2.80 Mar
9 Vac Mar
3.10
Jan
1.36
Buffalo
Red
Jan
Burns & Co
Class
23c
Jqn
6.95 Mar
49c
Feb
1,000
4c
9.25
Jan
5%c Jan
Feb
34c
Mar
1.17 Feb
26c
8.25
58c
1.42
6c
Mar
Jan
Jan
Feb
14
Jan
Feb"
41
Jan
7.10
6.75
6.75
27 VaC
27 VaC
30c
5,200
20c
28c
30c
II,300
5c
1,000
5c
900
6.50
Feb'
27%c Mar
21c
4c
1.88
Feb
3,900
1.05 Mar
1.30
Jan
3,800
1.01
Feb
1.18
Jan
12
9,902
10%
Feb
13%
Jan
1,000
1.65 Mar
2.21
Jan
1.22
Jan
41%c
1.78
1.80
4C
4c
4 V2C
6,000
3%c Mar
5 20
7%c Jan
4.65
5.20
1,580
4.20 Mar
5.20 Mar
9%c Mar
41c
Jan
,Jan
31c
Jan
6c
Mar
Jan
15%
,
8.50
,44c
Mar
15%
50
15
Jan
50%
50%
m
50
Feb
'
.
16% Mar
52
Jan
13c
12c
13c
7,200
12c
Jan
59c
56c
61c
18,100
39c
Jan
62c
Feb
JC
3c
oc
2,0U0
2c
Jan
3c
Jan
12c
9.00
12c
1,500
3c
3V»c
3,000
2%c
15c 15 %c
6,266
12c
9.00
9.40
I,310
35c
35c
40c
16,100
15%
15%
15%
286
26.60
26.65
544
26%
26%
pfd.100
09%
89
100
•
3.45
A
•
A
•
22%
20,285
4 VaC
8,660
lOVtcMar
19 Vb
Jan
Jan
40c
15'/a Mar
Feb
27.00
Feb
22% Mar
Jan
3c
Jan
10
Jan
26.50
Jan
3% Mar
25c
9.00 Mar
25c
Feb
19c
Feb
Mar
15% Mar
27,000
26%
4c
15c
Mar
4%c Mar
25%
Jan
27 Va
170
26
Jan
27 Va
Jan
90
65
89
Feb
91'A
Feb
100 100%
50
99%
Feb
3.10
3.55
11
11
11 Vs
225
11
Mar
6%
6%
6 Va
1,748
6
Mar
28%
28%
28%
665
2.95
102
2%
18,860
Jan
27%
Jan
Jan
3.55 Mar
11%
Feb
6% Mar
29
Jan
Feb
3.00
125
24 VaC
23c*
26c
'145,500
21c
Jan
27c
59c
59c
60c
8,400
50c
Jan
62c
Feb
19%
19%
19%
120
17%
Jan
19%
Feb
7%
7%
25
6%
Feb
10c 12% c
33,200
*
10c
2.01
13c
4%c
—•
Calgary & Edmonton
•
Calllnan
Flon
•
Campbell Red Lake
1
Canada
2%
3.05 Mar
Jan
2.01
2.10
3,150
ll%c 14 %c
25,000
4%c
10c
Jan
Mar
8
Mar
1.92
8c
5c
II,200
33%
435
30%
2*25
16
150
14'A
30
40
26
Feb
17
Feb
4%o Mar
Mar
6c
Jan
30
Jan
17c
Jan
16
Jan
19 Vac
Jan
SJan
32%
30
Feb
17%
Class
B
common
preferred
17%
50
7%
150
12%c 12 %c
Jan
34
Feb
16
,
Feb
30 Va
Jan
19 %
Jan
1,000
Feb
8
7c
Jan
14c
Feb
8.35
Jan
7.10
7.30
2.150
5c
5c
6 %c
7,000
5c
Jan
54c
13,800
45c
Mar
2.70
2.70
2.80
2,800
2.40
2.50
800
48c
Jan
7%
7.20
1
Bread
17%
7%
•
Flin
Calmont Oils
6.80 Mar
2.62
6%c Feb
58c
Jan
3.25 Jan
Feb
2.35 Mar
■
27/a
Jan
50
common
Preferred
42%
42%
42%
5
42
Jan
42% Mar
•
34%
34%
35
392
34
Jan
38% Jan
20
Canada Cement
Canada
Foils
common
29%
29%
29%
180
29
Jan
30
Jan
6
6
25
5
Feb
6
Jan
11%
205
•
*
•
Power
class
Class 3
Mm.
-
A
-
-
1
--
100
216
J..
135
47
150
) 1
35%
35%
360
34
21%
1,265
19
Jan
214 216%
67
196
Jan
Bank
$23
per
of
Commerce
Jan
247/a Jan
216% Mar
18%
19
40
40
11
33 %
20
20
50
20
Mar
82%
82%
83%
20
80
Jan
83% Mar
33
33
33
85
3u%
Jan
33
25%
25%
26
965
25
Jan
26%
•
10
•
22
310
I*
Jan
19% Mar
Jan
41% Mar
20
Mar
Feb
Feb
21%
22
2,230
21% Mar
23%
Jan
*
19%
19%
20
1,100
19% Mar
20%
Jan
share)
*
23.10
23.10
preferred
*
20
common
•
common
Class A
20
•
13c
Jan
Preferred
25
49 %c
39%
Jan
New
25
Celanese
preferred
common
23.15
64?
Jan
23.15
20
20'A
625
197A
Jan
20%
12%
14%
37%
Canadian
Jan
Jan
19
1st pref (called for
redemption on April
1
Convertible
37
40
*
Canadian Car
Jan
12% Feb
52
12%
•
25
5%
at
M<>r
60
Varnish
B
Canadian
Jan
Jan
51
11%
21
35%
--
1
11%
50
11%
•
preferred
Canada Wire & Cable class A
Class
117/8
51
•
——
Breweries
1.12
12%
39%
—1
Canners
1.15
38.
Jan
26% Mar
815
26%
Calder Bousquet
Canadian
1.05
page
Feb
31c
Jan
3,576
•
Canadian
1.05
1,500
Mar
40
—25
A
Jan
112
21,500
20c
24%
65c
12%
1
Mar
500
3,050
49c
75
1.55 Mar
Jan
12%
Jan
35c
43c
7,400
54c
39%
•
Preferred
Feb
4,000
10 %c 10%C
23c
26 Va
Jan
12%
*
Packers
Feb
1.23
1 80
22 %C
26%
•
Canada
4 %c
90c
22 %C
Jan
39%
B
Northern
1.70
48c
10,000
*
Canada
35c
*
59C 60 VaC
22
Class A
Canada Malting
Jan
Feb
1.57
ZZZZZ*
60C
1
class
3.75 Mar
71c
osc
Ltd
1.16
Burlington Steel
2%c
{g9
ZZZZZ..
•
ZZZZl
Jan
38%
26 Vb
Building Products
Feb
«
1
40
38%
115
Lake
Feb
1.23
11%
41
Jan ;
620
23.200
24c
io'/bc Mar
Jan
14 %c
ZZ
comraonZ.. "«■
is
Jan
Jan
Mar
40
1
2c
4 %c
12
28'A
1.48
22%
Ankerite
Canadian
4.35
24c
Feb
•
Jan
4.10
24%r
Jan
1
470
4 35
«
Feb
6c
*
**85
•
1
40%
18c
27%
40
26%
Buffadlson Gold
2.99
8.00
Mar
Jan
6%c Mar
1.92
Mar
6
1
Burrard class A
123
505
1.41
;
Jan
9c
4»/2C
22,500
•
class
B
2.00
8c
Z1"
LtdZZ
23,300
8%c
27 Va
39%
Products
Canada Permanent Mortgage
Canada SS Lines common
Co
24c
8c
27%
40
•
Mar
qc
60c
3.45 Jan
Jan
40
Class B
Class
Mar
19c
Feb;
5%
1.44
British Dominion Oil
Broulan Porcupine
Bruck Mills class A
10c
Mar
79c
105
Jan
3.10
18 %C
8c
27%
100
British Columbia Power
Buffalo
-Feb
53c
Jan ;
12c
23 %c
Buffalo Canadian
4c
2.65
103
7% Mar
*
Jan
16c
S3c
14 Va Mar
8%c Mar
3.85 Mar
Class B
2.80
1.80 Mar
o r.
9% Mar
"
Jan
.Jan
*'2c
Feb
1,600
ZZZZZZZ
105
*
preferred
7%c Mar
7%c Mar
1.85
Jan
45%c Mar
7%c Mar,
2.60
Jan
3.45 Mar
Jan
7%C
~"Z""ZZZZ"
see
4%%
Jan
South Brazeau Petroleums Ltd
footnotes
83c
61% Mar
12
3.05
Mar
28%c Mar
Jan
900
53c,
1
Jan 1
10c
Jan
1
2.29
___
For
4c
12%c Feb
45c
3.45
1,500
7,500
7%
4,000
Jan
Jan
& Pwr com-*
2.07 Mar
Omnitrans Exploration Ltd
Pacific Petroleums Ltd
Oils
30c Mar
3%c Jan
3.25
53c
3,485
5,900
Feb
1.70
7%
Lake
3%c M£ir
Ltd
Ltd
Red
25
.....
Oils
5.25
*
Gaspe Oil Ventures Ltd
Co
20% Mar
5,000
~~ZZ~"l
Petroleums
Brewis
1,500
Consolidated Homestead Oil
Dalhousie Oil Company Ltd
A
Brazilian Traction Light
Feb
5c
Ltd
Ltd
Jan
al.95
Calgary & Edmonton Corp Ltd
Leduc Oils
11
15 %c
4c
CorpZ.
9%
6%c
Jan
3.75
—25
2c
10
al.95
Dev
9%c Feb
*
;
-
Ltd.IZIZZZI*
_
Feb'
1.28
•
8c
8.00
7VaC
150
A
1,500
4c
Zn
7,600
52,950
100
A
class
1,034
1
Anglo-Canadian Oil Co Ltd
Oils
class
Cordage
1
____
&
Millen
&
Preferred
1,580
on stocKg—.
Oil
Feb
21
a
15%
7%
•
14c
1
Wright Hargreaves Mines
Dominion
5c
17c
«
Jan.'
3.bo
14c
3%c Feb
50r
Ltd
13%
14c 14 VaC
1
10%
59c
5%c
•
3 Vic
53c
8%
6c
65
1.62
1.48
9%
Feb
8 VaC
8c
1.60
31c
7%
Bralorne Mines
4c
•vfn
8 VaC
14%
Jan
Mar
3.85
Boycon Pershing
Jan
21
^1
14%
Jan
35c
3.85
Bordulac
2 Vic
1
Ltd
14%
8% Mar
77
Feb
1
42c
16c
ZZZZZ ZZ 1
LtdZ
ZZ"
"l
Ltd._ZZ" _ZZZ""l
Feb
Jan
200
Gold
Feb
21
oac
15c
62c
6
5.85 Mar
2.60
fn
Jan
Mar
Jan
Mar
Jan
4.45
4c
9
9c
50c
7%
73
1
885
1
22c
4,000
23,900
6
i
—
13
""1
~~ <
36,100
6
Bonetal Gold
Forest
1
Ltd
Mines
Mines
1,500
•
Ltd
Silver Mines Ltd
Malartic
5%c
Packers
1
Ltd
Amulet
Mines
Feb
Columbia
«
29c
50c 53 %c
--50
Columbia
-
26c
53c
5
preferred
British
7(in
11c
1
A
British
1
ZZ_
Surf Inlet Consol Gold—
Teck Hughes Gold Mines
Upper Canada Mines
410
class
preferred
Jan;
1
Z
Mines Ltd
United Asbestos Corp
4c
18c
Hats
Ribbon
Feb
1
Ltd
Trebor
1,000
2,000
•
Ltd.
(1944)
Mines
Biltmore
Jan
Jan
~"ZZ~50c
Mines
Mines
Cons
Mar
1.75
Mar
453/^
7,250
3,395
3,250
Bldgood Kirkland Gold
5c
Feb
9c
Co
8herritt-Gordon Mines Ltd
Sladen-Malartic
Mar
Feb
10c
1
Santiago Mines Ltd
Stadacona
9c
3c
Jan
•
35
35c
1
Jan
{*
8%
76%
1
4c
61%
8
73
1
1.15
Blue
Jan
15c
14,500
Gold
6c
ZZZZZZZZZZ'l
Z__ZZZZ~1
Silver Miller Mines Ltd
Siscoe Gold Mines Ltd
Bevcourt
2,500
1
Co
500
Jan
1,800
1
"ZZ
Mining Corp Ltd
Rochette Gold Mines
5,000
Jan
14,000
3 45
8%
18c
Belleterre Quebec
Berens River
10c
>Zc
Jan
•
5.25
Nor
22c
25
7%c
24
Feb
Mar
105
Bros
14c
Feb
Feb
14c
•
10c
•
Pitt Gold Mining Co Ltd
Quebec Labrador Development
Quemont
7c
5%c Feb
4.75 Jan
32c
19,000
3.45
A
Telephone
11c
5ViC Mar,
Mar
Feb
14c 15 Vac
•
class
4.35
5
_
O'Brien Gold Mines Ltd
10,000
71c
Jan
14 VaC
15c
Mining
Power
7%c
1
Ltd
Ltd
24,000
60,600
'
Jan
Feb
3.80
1
ioc
ZZZZ.Z'l
Zl
18c
•
73^
1
Goldvue Mines Ltd
Marlon Gold Mines Ltd
Mining Corp
Jan
2.22
12%
I,500
10
57c
4 65
5,700
21,525
Jan
10c
4%c
10
1
Mining Corp of Canada Ltd.
Normetal
4%c
Scotia
23c
1
68c
4.35
65c
Feb
28c
1
"1
Mines
Mines
Mar
20C
19%
65c
4.05
Feb
20c
Mar "
7c
Jan
10
8c
l
"
Ltd
2c
Feb
33,600
10%
l
1
Macdonald Mines Ltd
MacLeod-Cockshutt Gold
1,750
7c
at
Ltd
Bell
5c
1
Co
Jan
2.44
34c
44c
15 v2c Mar
22 %c 22 %c
Jan
3c
3 V2C
7
Lake Fortune Gold Mines Ltd
Rowan (1945) Mines Ltd
Louvicourt
7»Zc
1
"
7c
Jan
"
10%
__
4c
Jan
2c
5.85
30c
_LtdZZZZZ5
Ltd
17%
52c
3.30
Ltd
Metals
Eeatty
Feb
4c
5,000
2.44
l
Co
Bathurst
10.500
5.20
*77'
i
Mines
20c
Base
Nova
Bonville
17 V2
1
~~"7
Gold
S
a
l
_.
l
1,000
10,000
Jan
1
of Toronto
Barnat Mines Ltd
5c
8 \c
5,700
8c
*
Bank
61c
Jan(
2C
18c
55c
14%
Jan
—*
Mar.
nvl
Mar
105
—
Auto Fabric class B
4c
3c
Mar
27
7%c
*
2c
7,000
59
Jan
3.35
A
50c
12V2C 21 VaC
"" ~""i
ZZZ
ZZZ
Class
1,350
lc
8c
Feb
26
100
common
17,200
...3c
4/4C
52%
140
15c
Bank of
Jan
13%
1,755
1
Mar
2J
*JC
5i/4C
Z
S
18c
Wiborg preferred
Aunor Gold
Auto
Electric
71c
1.53 Mar
2,010
59
Jan
1
Jane
31c
14%
26%
15 %c
1
43c
Al?c
4
150
Yellowknife
Aubelle Mines
66,600
3,800
Feb
14%
Feb
12c
10
Bagamac Mines
Bankfield Consolidated
Bank of Montreal
Mar?
Mar
9
3Vac
1
Mar
1.20
Jan
28c
5,000
•
75c
20c
80c
5,000
•
Mar.
'
lr
A
(1937)
75c
600 V
Jan
Mar
8% Mar
4C
Atlas Steels
500
1
70c
23c
19c
Atlantic Oil
n*r
'
i
class
Jtin;
500
"
Vo
Mines
Fe>
;pc
346
700
6,520
Jan
12c 13 Vac
llVa
Jan
9
7 VaC
Jan
26c
95c
1.00
4%c
Jan
18c
-1
100
11% Mar
3,500
55C
37/aC
—
110
J?*
4
4^
Mines 1
Ltd.ZZ '
Lake
Superior
17% Jan
5c
Mar
35c
95c
3c
{
_
Joliet-Quebec Mines Ltd
ZZZZZIZ
Kerr-Addison Gold Mines Ltd
Okalta
53% Mar
35c
57%
100
Ascot Metals Corp.
Ashdown Hardware
Atlas
Feb
3,600
4c
Armistice
Ault &
Jan
38c
18c
—
Arjon Gold
Athona
Feb
1
•
11V4
65c 69 Vac
Jf Jc
Cadillac
Mines Ltd
Mines
Oil
Feb
Mar
16 %
18%
7«/Zc
Co
Cons
Lake
Class
19%
116
13 %
25 Va
*
*J0
Hudson-Rand Gold Mines Ltd
General
Feb
15%
JZ
1
Mines Ltd
Hollinger
Home
Jan
18%
115 Va 115 Va
>
]
Formaque Gold Mines Ltd
Central
8%
Jan
455
69°)
Jfi
}
_
Gold
Calmont
110% Mar
22% Mar
300
50c
Jan
105
26%
58%
__
Preferred
Feb
18
14%
4.35
common
Warrants
15
Mart
'
Feb
25
Jan
1
Corp
Feb
Feb
102%
8%
66c
Oil.
Mines
Argus
7%
Feb;
,
Area
Canadian
11%
108 % Mar»
7
22 Va
75c
i
Limited
Sullivan Mines Ltd
British
111% Mar
Jahf
13%
Feb
13 %
Mines"LtdZ::ZZZZ"i
Central
Mining
Westville
llVa
111% Ma£
10% Jaa
19%
LtdZZZZZZZZZZZ~Z"*
Vinray
Anglo Rouyn Mines
Apex Consol Resources
Aquarius Porcupine
45c
i
Dome Mines Ltd
Dulama Gold Mines
East Malartic
Mines
Waite
12
«
LtdZZZ
Century Mining Corp Ltd
Chesterville Mines Ltd
Torbrit
Anglo
77%
18
IZl
Candego Mines Ltd
8ullivan
19% Mar
Feb,
Mar
24
45
55c
Jan
Jan
595
7%c
Jan*
Jan
24%
16 %c
9
17%
7
-
r
Larder_
75
1.05
23%
75 %c 75 Vac
26c
28c
Nepheline
15
11 Va
*"i
""" '
i
Amalgamated
American
Jan
5c
preferred.26
American Yellowknife
Anacon Lead
65
19s,a
;
\
\
Ltd
Canada
12
v
Z~"
Corp
•
of
77
*
7*
«
Centreraaque Gold
New
Jan
Feb
11% Mar
20
1
Bouzan Gold Mines Ltd.
New
85c
Mar
5
Feb-
Ltd
19Va
cTZ
Bonville Gold Mines Ltd
Bouscadillac Gold Mines
Jack
100
Jan
4.50 Mar
—•
Co
26% Mar
22 Vb
35c
1
3,800
1,605
36
.
Mines..
Bob's Lake Gold Mines
Ltd
Jaculet
1.00
97
10%
20
25/s!
"a
Gold
Gold
Metals
Goldora
30
111% 111 Va
?si/Z
«
Mines
Mines Ltd
Sol
460
11
19% Mar
*
.
Beatrice Red Lake Goid
Mines-Ltd
El
25
4.50
21
lg
inn
Ltd
Metals
Eldona
99 Va
'
-Band-Ore
East
Aluminum
Jan
2,600
24
Jan
Jan.
*
ZZZZZZZZZZZ~"~«
Yellowknife
Arno Mines
Base
Aluminium
Jan
7
Jan-
115V? i
Stocks—
Akaitcho
Barnat
Feb
28%
108 Va 108 Va
iq~sZ
Anacon Lead Mines
Ascot
18%
Mar
;
"♦
Ltd
Mar
6% Mar
18 %
issj,
ZZ
18
27
II J
"""«
_
35
130
500
21%
23%
102% 103%
1
Algoma Steel
13
20%
22%
Materials Ltd
Ltd
Jan
51
50c
Breweries
Grain
(J
10
6%
14
100
__
Wilson
8% Mar1
High
3,560
23 V8
1
Cons
Low
25%
*
Pacific
Range Since January 1
High
26 V8
*
Agnew-Surpass
Alberta
27 Va
7Va
.
Amusement Corp class A...
United Securities Ltd
Products Ltd ZZ
Canada
25
115
II
24%
Akaitcho Yellow Knife
19 %
»
♦
Westeel
Western
Jan
Mar
20 Va
~~2n
Un ted
41
19%
%
preference..
Paving &
Jan
20 %
(
•
Uranium Mines
19
«
Twin City Rapid Transit
Union Gas of Canada Ltd
16%
35%
;
"
of Can 6% cum 1st pfd.100
Rpltmnf (Can)v1Ilf 1J° Ltd common__10
Reitmans fn
Ltd
Standard
Jan
'
7^0
23 Ve
100
12
~~
*
*
Russell Industries Ltd
Southern Canada Power
6%
Southmount Investment Co
15
Low
25Y8
Acme Gas & Oil
9%
Shares
•
A
76^4
]
p°"efr
redeemable
Jan
Jan
95c
11
common
Preferred
180
8%
'
iq
.
Service Stores Ltd
5%
Feb
Acadia
11
" '■
5
•
'
12
Jan
8%
for Week
20
Acadia-Atlantic class
4.50
" ?
10
common.
Nuclear Enterprises Ltd
Orange Crush Ltd
_Z
1,400
Paper
10% Mar
a
—s
99%
'
*
T0
preferred
11
&
$1.60 preferred
13
loo
_
Mount Royal Rice Mills
Ltd.
♦
Newfoundland Light & Power.—IZZIo
6%
a-
7Ve Mar
Power
6%
Minnesota & Ontario
Paper Co
Moore Comoration Ltd
Nova Scotia
7Vs Mar
5 Va Jan
Abitibi
27%
277i
c'"', p,d~2°
McColl-Frontenac oiT4%~pfd_
Melchers Distilleries Ltd
common
6%
preferred
Mica of Canada Ltd
35% Mar
Sales
Range
of Prices
Par
12% Mar
Jan
Week's
Last
Mar
Feb
15
40 Va
8%
5
Friday
Bale Price
STOCKS
17% Mar
760
39 %
%
90
11%
20
{%
.
Canadian Funds
Mar
5% Mar
Feb
28
2,495
i,',4a11;4
t
♦
Lem ,MillillS Co Ltd
Maritime
MaHH
o~,7
MlZIIIIZIiJ
MacLaren Power &
Paper Co_
W
15c
Jan-
14Vi Jan
100
anS2Ql??2
i
(Walter
4,005
High
Mar
5
5
"??
17
17
-
Toronto Stock Exchange
Range Sines January 1
15c
280
5,/>
35
"
;
i- ?
Low
^*
com
Redeemable preferred
Preiman (A jf
V
Sales
££•
.
12%
170
11
Jan
13
Mar
15
Jan
34
Mar
40
Mar
22%
14%
14%
381
14
Jan
39%
33%
1,915
29
Jnn
39%
40
85
37
Feb
23
23
100
22% Mar
23 Va
Feb
Jan
Jan
35
THE
(1292)
36
&
COMMERCIAL
FOR
RANGE
Friday
Week's
Last
STOCKS
Range
Sales
for Wetk
of Prices
Shares
Sale Price
Low
Pur
Canadian
Dredge
v*xi*cuan
-25
*
Class
5.00
*
A
Canadian
Industrial
Alcohol
Oils
Cos
Pacific
Railway
235
1.27
100
1.25
Jan
2.20
Jan
Feb
1.52
Jan
1.08
Jan
__
2.50
2.51
14,860
1.12
1.24
81c
83c
20,440
2,805
1
7%c
50c
82c
81c
87c
1
5c
5c
6c
Chesterville
1
1.49
1.35
1.60
Research
Mines
1
Coastal
16c
__
A
Malartic
21c
16
Chimo Gold
16
2%c
1
3c
Jan
18
13% Mar
Gieat
Willans
1
Cockshutt Plow
Lake
Coin
Colomac
Great
1.00
80c
Mar
21 %c Mar
21,000
12,400
13,000
15,230
16,100
72c
Jan
1.37
Feb
6c
Feb
4%c Jan
1.15
Feb
11 %c
Feb
1444
37c
4,800
15%
16
Feb
2%c Jan
Commonwealth
Coniaurum
oe
Petroleum
1.28
Mines
__
*
Consolidated
Ansley
Astoria
Consolidated
Mines
2
Duquesne
Consolidated
Feb
1.78
16
3c
50c
Jan
Mar
Jan
Jan
Consolidated
14,300
8%
53c60%c
Imperial
Mar
18c
Jan
Feb
6c
Jan
1.15
l oo
13c
Feb
Feb
Jan
7 VaC Mar
1,50
1.15
28c
Hahn
9%
Feb
Feb
66c
Feb
Jan
90c
Jan
2,500
4c
55c
Feb
62c
3.677
10c
Mar
26c
2,605
9144 Mar
92
91%
95
162%
164
219
.
L.J
\.U
15
15
15
l.ouo
490
_»
Jan
8
60c
5,492
'
Jan
Mar
51c
160%
Mar
Jan
1.0/ Mar
14%
Feb
25
Jan
95
Mar
405
52% Mar
53
Mar
1044
375
10
Mar
10%
Feb
19
25
19
Mar
19%
Feb
Coal
17
1644
1 7%
14%
Jan
17% Mar
43%
42
43%
360
40
Jan
43 %
20
Jan
26
Feb
11% Mar
21 44
*
__
445
1144
95
9%
4.25
__
ll3/4
22
11 Va
4.25
150
4 Va
37c
*
*
*
Jan
Fen
Feb
Jan
4%
38c
2,010
12c 13%c
30,000
7c
Jan
16c
Jan
15c
-
12%c
1
Lake
17c
10,800
15c
Mar
19c
Jan
33c
43c
Mar
Feb
4%c
5c
6,500
4%C
Feb
6c
Feb
•
19
18 %
19
1,690
17 Va
Feb
19%
Jan
Brass
*
22%
22%
22'%
440
Feb
27
Feb
544c Mar
103
165
1.26
15
Jan
Jan
Jan
Jan
Jan
Mar
1
Gold
Lime
Alabascine
<Se
preferred
_
Halcrow
Swayze
Hall!well
Gold
1
1
Mines
1
4.00
•
Hallnor
Hamilton Bridge
u»"i
Rock
4.00
Jan
4.00
Jan
14%
7,940
11%
Jan
38c
49,675
26%c
Jan
44c
10
5
Jan
11
Jan
—
5%c
5%c
4,089
5c
Mar
8%c
Jan
—
40c
40c
2,200
30c
Feb
47c
Lake
344c
344c
1,500
3%c Mar
4c
Feb
6%c
6%c
500
Jan
6%c
6%c
1
—
344 c
1
__
6%c
Sarcee
5
Gold
1
Mines
Howard Smith
Paper common
*
1
Malartic
class
58c
Jan
60c
Mar
6c
Feb
10c
Jan
6%c
6%c
1,000
17%
17%
65
10%
10%
10%
2,890
4c
4c
4c
4,000
7c
15,300
__
6%c
6%c
37 %
37 %
105
43 %
—
43 %
2%c
43 Va
1,013
2%c
3c
8
8
6,500
125
10
•*
31
31 Va
210
22 %
21%
22 %
10,658
13%
13 %
13%
1,670
Bank
Imperial
Oil
4%
25
Acceptance
convertible
5'k
26
26
26 '/a
205
1
preferred
Indian Lake
3 %C
3%C
4c
10.000
34
34%
310
34
40
•
common
25
preferred
Jan
6c
2,200
243,500
Imperial Tobacco of Canada ordinary_5
Imperial
9%c
7,000
53c
*
A
Feb
Feb
7c
9%c
*
Mining & Smelting
Hudson Bay
Jan
58c
1
Yellowknife
6c
Mar
7%c
•
Hollinger Consol
14% Mar
__
——*
—
10
7'/2c
1
Dauch
Industrial
Feb
10
—
Ltd
227
12%
•
Hugh
4.10
35%c
1
Hunts
Feb
4.00
10
Mines
Homer
2c
4%c
36c
Highland-Bell
Hignridge Mining
Hmdo &
Feb
1
Gold
Highwood
IV2C
1
Red
Gold
344c Mar
1,000
13%
Hasaga Gold
Heath
1,500
l%c
144
—
1
Mines
Gold
Headway
20
4c
c
4c
—
v—*
Gold
Harding Carpets
Hosco
60c
164
Jan
10 %c Mar
4yac
*
Mills
3%c
10c 12%c
5
Smelting
&
15c
58c
59c
100
Mining
Conwest Exploration
275
27,950
12,449
Jan
75c
1
Consumers Gas
Cosmos
138,983
16%
15% Mar
Feb
92
52%
*
;
1
Mar
2.32 Mar
44'/4C
1
Oro
28c
&V2C
Feb
90
5c
*
Paper common
Mines
H*rricana
21c
65c
__
•
Howey
Lebel
5,z-*6
8%
__
60%c
1
Homestead
Consolidated
Consolidated
2rc
•
Beattie
Consolidated
1.10
24%c
1
Consolidated Bakeries
1.35
o'/4e
1
Consolidated
4c
1.05
•
loc
3%c
755
1.800
3,000
1,400
2.01
Jan
3,550
1
Gwillira
High
3 Vac
10
10
*
Gulf
Gypsum
Low
21,500
92
Guayana Mines
Feb
Mar
40c
__
A
Wire
Lead
5c
52%
—
A
preferred
West
Range Since January 1
High
4%c
*
_
Great West Saddlery
Greening
Low
4%c
Feb
9c
2.23
1
-
class
class
Co
A
1.45
Jan
3dc
1
Yellowknife
&
Class
Heva
Cochenour
Shares
50
Mackay
2.60
Jan
25
26,4jg
for Week
19
Tire common
Lakes
14Va Mar
6c
2.13
„_
Jan
82c Mar
173/4 Mat-
16c
2.13
*
29
l.-ioo
15%
Oils
Jan
944 Mar
81c
Chesklrk Mines
Jan
1
Gunnar Gold
1.24
17c
9c
10% Mar
10 % Mar
13 % Mar
2.50
—
Jan
Jan
16% Mar
1
1
8%
8V4
15%
2,495
9,295
1
Centremaque Gold
Citralam
Grafton
60c
•
class
Gordon
Mar
14%
Oil
Knitting
Feb
260
1.27
—
1
Porcupine
Bar
71
Jan
14'/2
20
A
17c
7%c
Circle
Feb
Jan
100
Castle-Trethewey
Chemical
11
67
2244 Mar
207
8,162
Mines
Preierred
250
13'/a
Central Patricia Gold Mines
Central
Goodyear
Feb
13%
75c
0
Cariboo Gold
Leduc
Jan
16%
Wallpaper class B
class
6
12
Jan
1744
common
Canadian
Corp
4.65 Mar
24%
17%
24
—*
Maiaruc
Canadian
Goldora
24
75c
16%
10 Va
*
—*
Canadian
Central
9'/a
*
vot
Locomotive
Canadian
Cardy
70
Jan
260
10%
10 Va
25
79c
1744
17%
B
Canadian
55
10
3.615
115
69
260
9%
50
Sales
Range
of Prices
Par
High
27
•
,.
_.
Week's
Last
Sale Price
Range Since January 1
25
Electric
General
465
060
365
-
Friday
Low
25
5%
12
WEEK ENDED MARCH 24
STOCKS
High
70
100
Prel erred
Canadian
Class
25
4.65'
12
--
Food Prouuccs common
—
MARKETS
LISTED
CANADIAN
Monday, March 27, 1950
CHRONICLE
FINANCIAL
34
---
Feb
6 %c Mar
8 VaC
16 Va
Jan
18
Feb
10
Feb
11 Va
Jan
5c
Jan
4c
Mar
6c
Mar
35
Jan
15 %c
37% Mar
Feb
41% Mar
47%
uan
3c
Feb
Mar
9
Jan
30%
Jan
32
21
Jan
2C
7
Jan
Jan
23%
Jan
13% Mar
14%
Jan
25 Va
Feb
27
3c
Feb
4Vic
29%
Jan
25
Mar
Jan
30
Jan
34
Mar
32 % Mar
35
Mar
8
Mar
Jan
*
Cournor
Mines
Crowshore
Davis
Class
Patricia
Delnite
Del
class
A
—'
Jan
18c
Mar
32c
7,000
27%c Mar
42c
Jan
21
230
20% Mar
Red
Lake
Red
13c
1.000
1.70
47c
47c
1,050
3,200
Yellowknife
Distillers Seagrams
Dominion
Coal preferred
Dominion
Tar
&
Invest
Coal
Donalda
16C
Feb
1.80
Feb
6 <C'
Jan
Jan
Chemical
common.
Mar
36c
Jan
41,600
7,730
30c
Feb
42c
20 V8
Jan
2344 Mar
Jan
17
1734
3,335
173/a Mar
21%
26%
26%
385
26% Mar
27%
20V4
Jan
22
Jan
Jan
—
21 Va
21%
29
29%
Jan
29% Mar
9'4
25
392
200
26%
9
7%
Feb
102
102
10
101 %
Feb
103
Jan
Jan
544 Mar
5%
534
100
20 Va
20 '/a
21
1,120
19%
Jan
22 Va
Jan
33 %
33Va
34
565
33%
Jan
36
Jan
30
Feb
22 44
Feb
—
27%
*
—
__
11
2734
100
26
Jan
22
195
25
21
Jan
26% Jan
27% Mar
11
22V4
27 Va
11 Va
490
11
12
10 >4
27 Va
10
Mar
Jan
11 Va
Jan
Jan
10 Va
30
l
56c
55c
60c
30,100
52c
Jan
64c
Ma r
•
20c
19 %c
23c
60,000
15%c
Jan
24c
6%c
6%c
644c
13,000
Feb
9%c Jan
10 Va
Duvay Gold Mines
6c
East
1
Sullivan
Eastern
Steel
Machine—!
Investment
*
25
_
El
__20
Mines
Eldona
El
Sol
Gold
Empire
_
Brass
class
International
Metals
Estabrooks
Eureka
(T
Hi
•
March
2.48 Mar
5.90 Mar
6
5 %
6
3.275
5% Mar
6%
Jan
6Va
6V8
100
6% Mar
644
Jan
48
48
35
45%
Feb
48% Mar
16
16'/a
240
15 %
Jan
16%
36%c
Jan
50 %c
A
Jan
28c
Feb
5,165
8c
Mar
7%c
21,500
6c
Feb
*
*
:
euro
*
Francoeur
*
common
Motor class
A—
41c
--
__
Feb
IOV2C Mar
7VaC
9%c
2034
2044
50
20 44 Mar
21 % Mar
10Va
10 Va
25
10% Mar
11%
1934
1944
40
19%
Jan
41V4c
4 20
15%
__
944
—
__
744
„
1.15
Gatlneau
5%
—
Exploration
Power
12c
100
2.32
•
com
1844
100
Bakeries
General
Petroleums
—
•
preferred
General
Class
28%
*
Gold
Frobisher
„
_•
Fraser Cos preferred
___•
43c
3,003
4.20
4.40
1,285
4.15 Mar
37c
Mar
12c
Mar
Feb
1944 Mar
61c
4.60
Jan
Jan
14%
15V4
585
14% Mar
16
Jan
33 44
35 Va
960
33% Mar
36%
Feb
9 44
10
575
9
10%
General Products
Mfg class A
to
Steel
Wares
—
__
*
120
120
110
117
6c
6c
4,950
2.35
2.45
12,040
5 Vac
2.05
Jan
Jan
Jan
124
Feb
6 %C
Feb
2.90
Feb
8%
8%
300
8
Feb
8%
Jan
7 44
7 44
1 20
7%
Jan
8
Feb
12%
12 Va
50
12%
Jan
12%
Feb
1.15
1.15
300
1.15 Mar
1.75
1.10
1.10
200
Gold
Lake
Gillies
Glenora
28
2844
2.751
12c
12c
11,900
99
99
60
2.30
2.35
4.650
1 8%
18%
732
108% 108Va
2.85
2.85
10
655
1.10 Mar
1.25
Feb
(1939)
Goid
Joliet
_
Key
Boy
19
3
Mines
Labatt (John)
200
1.05
Jan
1.25
Jan
1,750
1.00
Feb
1.20
Jan
*
—
30
30 %
200
29%
Feb
31
Globe
1
Oil
Lake
__
1
1
__
Gold
•
Eagle Mines
1
Golden Arrow
1
OMden
1
Manitou
Goldhawk
For
*rm
1
11
1
ii
Porcupine
footnotes
see
♦
page
1
38.
__
6.10
__
__
65c
__
__
__
2.50
__
18%
19V4
104 105 %
120
1
17%
101
Jan
20
Mar
106
Mar
Mar
82c
4c
Jan
5c
7 Vic
7,000
6c
Feb
65
69%
605
43 %
Jan
71 Va Mar
4%c
Feb
6%c
—
Lake
La
19 %
Gold
28c
13
52c
Jan
Jan
Mar
1.34
Jan
Jan
9c
Feb
Mar
30c
15,300
43c
Jan
10c
5,000
5%c
Feb
10c
Mar
12%
13%
4,325
12%
Feb
14%
Jan
64c
Jan
28c
56c
16,150
200
1.90
Feb
2.40
Jan
6.60
6.75
1.094
6.25
Feb
7.35
Jan
Sons
17%
17%
50
17 % Mar
19 %
Jan
Cadillac
2%c
3c
15,100
2%c
3%c
Jan
5%c
4%c
5 %c
8.300
3%c
3%c
4 VaC
28.000
16
16
16%
375
18
18
50
Gold
i^apaska Mines
"U"
Larder
Minea
Secord
Laura
Lawson
class
Jones
&
A.
Jan
3 %c Mar
15%
18
74c
Jan
Mar
Feb
Jan
19%
Feb
82c
Feb
80c
1.29
6,650
1.15
Jan
1.34
6c
16,000
4%c
Feb
7c
Feb
50c
52c
5,475
45c
Jan
62c
Feb
52c
31%
A
B
Red
31
Feb
267
30
Mar
31c
401,450
17 %C 19 Vac
24c
Jan
31c
Mar
20c
Mar
21,200
13 %c
Jan
2.85
3.10
13,995
2 33
Jan
49c
56c
28,900
6c
6c
1,500
lie
lie
12c
6,000
3.50
2.95
3.50
154,475
10
—
Gold
MacLeod-Cockshutt
Mines
—
Jan
32
31%
Jan
49c
Lake.
River
Feb
13c
2.85
Mines
Macfle
Macho
176
30%
19c
_
MacDonald
31%
30%
25c
Goldfields
Lynx Yellowknife
Mines
31%
30%
class
Groceterias
Louvlcourt
7c
.17
77c
5,700
Jan
5%e Mar
5c
I.ac
Long
Macassa
Feb
1.25
Gold
Class
4c
Mar
80c
1
Gold
Lexindin
49c
1.25
Leduc-West
Leitch
44c
Jan
5c
Jan
10 %c
Mar
2.11 Mar
3.25 Mar
80c
7c
17c
Jan
Feb
Jan
3.50 Mar
10 Va Mar
Maple
9%
Jan
9
2,635
7%
Jan
3-10
4.825
2.76
Feb
48c
52c
28.700
3.20
3.15
3.30
10,200
2c
2%c
10,300
8%
9
775
5 %c
5%c
2,750
18c
19c
18.874
13%c Mar
19c
Mar
%c
Vic
26,500
%c Mar
%c
Mar
5c
5c
3.000
3%c Mar
6c
Jan
24%
24 %
2,690
21%
Jan
25 Va
Jan
27 Va
27 Va
45
Mar
28%
Jan
13%
14%
3,600
Feb
16%
Jan
99 %
A
Red Lake Gold Mines
Consol
Magnet
395
8%
3.05
9
class
3.10
49c
Export
10%
9
McMillan
Goldfields
—
Eastern
&
Milling
Leaf
Mines
18 %c
Gold
Rights
VaC
—
—
Martin-McNeely
—
—
24%
Massey-Harris common
—20
Preferred
Jan
common
Jin
Mcincyre
•
14
99 %
30
12c
12c
12c
1.000
61%
61%
62%
580
100
Preferred
*
0
Segur
McDougall
Porcupine
65c
8.400
57c
Mar
65c
Jan
McMarmac
2.300
32c
Jan
36c
Jan
55c
55c
55c
5,450
8c
Lake
34c
7%C
8%c
34,900
Lake
Red
6c
Jan
Mercury
7%c
Jan
5%
Mid-Continent Oil
Jan
Midland
Jan
Milton
Mills
&
—
Pacific
Brick
3%c
Grain
9c
8,200
8 Vic
9c
McWattcrs Gold
6c
5.30
17c
Jan
2.15
60c
3.35
3.95 Mar
Jan
Mar
Jan
20
52c
32c
2.49 Mar
Mar
1.44
15c
9c
30c
10c
Mines
Red
4Vac Mar
19
3c
Gold
11,450
525
93c
McLellan
21.400
19%
36,500
McKenzie
5%c
19
70,500
7-)4c Mar
4%c
Jan
50c
8c
3%c
Jan
Feb
HVaC
1.04
reo
5%c
1.25
500
7c
.Tqr»
4%c Mar
Mar
13,300
13c
93c
be
9,500
80c
500
1.39
1.00
Or-
2,800
Feb
70c
1.30
77/aC
500
5c
Mar
Mines
1,000
2.55
10c
3%c
744c
7V»c
Jan
20% Mar
Mar
6.500
2%c
5c
Feb
Jan
17% Mar
23,600
(1945)
IOV2C
10c
9c
7C
2.49
1,500
..
2.00
&
Little
2,000
10,800
10c
5.15
Mines
Lamaque
Lapa
4 Vic
20%
10c
8C
Exploration—
Mining
Wasa
Luz
Lang
4%c
19 V.
4.25
2%c
63/4c
Jan
55c
31c
Jan
2.95
Jan
2c
Jan
8% Mar
3%c
27
Jan
Mar
9
3.15
60c
3.45
3c
10 Va
Jan
Feb
Jan
Jan
Jan
8 VaC Mar
Jan
"v
6.60
Mar
4.75
5.661
6.00 Mar
12%c
8 VaC
6.25
6.10
Jan
13c
Gold
Fortune
Marcus
1.10
10c
70c
Ltd
Dufault
Jan
1.15
21,800
2,500
1.30
Labrador Mining &
L&guerre
Maralgo
Feb
lie 12 Vic
Feb
32,650
Kirkland Townslte
Jan
108 Va Mar
Mar
63c
10c
Lake
Manitoba
Jan
15c
4%c
—
Con
Kirkland
Malartic
Jan
Jan
55c
Kirkland-Hudson
Feb
Jan
4%c
4%C
19 %
Kerr-Addison
Feb
2
Feb
11,333
7c
Gold
Kenville
14c
17%
30c
%C
Mines
Kelvinator
29 %
105%
Jan
%
63
4
Mining
Jan
2.60
20c
9%
56c
Quebec Mines
Kayrand
Jan
99% Mar
Jan
8c
11c
>urke
Jan
Feb
Jan
10%
Feb
10c 11 Vic
98
2.25
32 Va
Jan
10c
Mines
Jellicoe
Jan
Mar
41,300
8%c
1.08
1
Gold
God's
Gold
Mines
30 %
27c
2,4
1.05
iuO
Yellowknife
30
30 V8
Jan
1.15
common
Preferred
Giant
Feb
28%
on
23 %c
McColl-Frontenac
General
delisted
be
Jan
Jan
*
common
A
Feb
104
Lta
Mines
Madsen
Fleury-Eissell
103
Jan
Feb
43c
16
7,550
*
Manufacturing
Jan
100
25c
Jaculet
Shore
Jan
__
Class
101%
25
5c
Lake
Feb
2.40
Fleet
125
103
Jan
26%c Mar
Co—
b
Jan
53.787
100
_
103
103
•
Feb
30
28c
2.05
•
common
102 Va
100
preferred
26
7,760
Mar
4.40
1
common
.100
2,309
23c
16,700
Federated
Products
26
17Va
Feb
Pec
22,500
1,500
143,135
Federal Kirkland
Fibre
26
5% Mar
Fob
16
k'uC
9 Va
24c 24 Vac
9c
1
Fittings Ltd
26
200
5%C
Rowan
34c
•
Petroleum
1,100
5C
Lake
43c
•
—
50
24c
Lake Lingman
29c
Fanny Farmer Candy Shops
Preferred
17
24c
9%
Jan
41c
•
common
A
16 Va
5 Vac
Jan
5.90
d
5 Va
17
Gold
Jacknife
6c
2.44
—
Jan
25
14c
5.10
__
Jan
49c
Mar
24c
International Petroleum
Feb
8V»c
Federal
Grain
shares
Feb
2.27
1
Players
5%
36c
12
Jan
5 Va
fniernational Nickel Co common
Loblaw
Famous
com—*
100
Milling
4c
31c
-L--25
Nickel
class
Mining
lie
5.6O
—
Corp
Falconbridge
4,900
Preferred
12,000
844 c
25
preferred
&
International
15,500
1
A
Equitable Life Insurance
40c
Mar
9 Va
—*
Powders
5%c
5c
1
___
;
—
36c
Coke
lie HVaC
1
„_i
_
Gold
Pen-Rey
40c
7
—1
Bronze
Coal
Lake
2.30
1
•
Eddy Paper class A
Elder
__
1
__
Easy Washing
Economic
!
Mines
__
•
,
East Malartic Mines
East
nc
1
•
Leduc
50
200
Preferred
Lake
East Amphi
East Crest Oil
130
7 Va
10 %
Mar
1
Ltd
35
7 Va
10%
1
International
Keiore
5
34%
7 Vn
10 %
944 Mar
/
34'%
*>
6
25
International
Mai-
29%
•
Mines
32
-
A
Mining
Jd 11
744c
26%
*
Woollens
Inspiration
Common
17
__
common
preferred
Machine class
(John) & Co
International
Jan
Jan
23%
23.50
Gold
Feb
Jan
25
B
Mines
Duiama
40c
8%
Jan
22%
common—_1
class
certificates
Dominion Textile
Dominion
1.60
24
•
&
trust
12c
Feb
6c
22%
-100
'Preferred
Voting
Jan
10c
SI.60
Ingersoil
Inglis
Jan
•
Dominion Stores
Dominion
7c
7 VaC
26c
34c
_•
preferred
Scottish
Dominion Steel
Mar
25
& Steel
Magnesium
Dominion Malting
Jan
65c
1,100
30c
10
Dominion Foundry
Dominion
17c
Jan
3,000
30%c
•
Bank
Dominion
Feb
27c
2
Dome Mines Ltd
13c
50c
744 c
1
Discuvery
844 Mar
7c
.
1
__
Jan
27c
1
Lake
300
8
13c
1.62
1
Dexter
8'4
8
1
6%
7%
1.70
•
;
60c
7%c
204a
__
»
LtQ
Mines
16c
7%c
__
___*
Rio
Detta
18c
30c
__
1
B
Oils
Decaioa
12c
30c
1
Petroleum
Leather
Jan
15c
15c
57 %c
1
;
D'Aragon Mines
*"«es
18'4c 18%c
8%
8%
__
8%
*
Pershing
croinor
250
l
l
______
Crestaurum
18'/4cMar
500
270
2,500
1.000
1,000
150,250
•
Mining
Bit common
Craig
10c
5%
1,135
8%c
4c
8.500
15%
15%
75
1.20
1.25
925
3%c
100
Feb
97
Jan
10c
Jan
12c
Feb
61V4
Jan
67
Jan
51c
Jan
60c
Jan
3%c
Jan
10 Vac Mar
Feb
9 Vac
Peo
8c
1,500
5%
13%
11c
5%
Jan
3c
Jan
6
Feb
Mar
Jan
4c
Jan
15 % Mar
16%
Jan
Jan
1.35
Feb
1.10
Volume
171
Number 4893
THE
COMMERCIAL, &
CANADIAN
FINANCIAL
LISTED
RANGE FOR WEEK
Last
Range
of Price«
Low
Knitting
Monarcn
Moore
19%
50
16Mi
75
25
12 V4
III
Locomotive
Preferred
4 %
Feb
10 y2
Jan
93'%
Feb
85
30
35c
2.040
33 %c
20 Vb
75
Feb
20 V2
21
77%
365
27 %
27V-4
75
42c
82,800
,_25
26 %c
1
36c
Breweries
Drug
Preferred
National
*
34
34%
com
9
9
Jan
Silknit
Feb
22 y8
Jan
Sliver
78
Jar
Silverwood
Jan
Jan
11
11%
11
5
Preferred
National
class
.
Sewer
Steel
37
9V4
National
Trust
Negus
New
770
10%
Jan
11%
Feb
Siscoe
210
10% Mar
12 Va
Jan
Sladen
class
27%
25
27% Mar
28 % Mar
120
22
Mar
22%
Jan
Southam
22'%
090
22
Jan
23%
Feb
South
25c
30c
4,500
38c
Jan
Siadacona
25c
Mar
Slater
41%
225
40%
Feb
42 V2
23'/4
2,6o0
19%
Jan
23 % Mar
Standard
27%
25
29
Standard
1.46
1.50
5,450
1017 a 101%
__10
1.47
10
27% Mar
1.41
Jan
Feb
8%c
2,334
41/4C
11,575
3c
1
7,324
95c
46c
40C 46V4C
Jason
40c
Newlund Mines
85c
8c
9c
Jan
Starratt
Jan
30,850
67,400
4
66c
Mar
85c
Mar
31c
Jan
48c
Jan
Steel
Olsen
A
of Canada
New
37%
38
40c
3,633
41c
35c
Feb
50c
Jan
Stovel
Mar
88c
Jan
Sturgeon River Gold
Press
Feb
31%
25
27%
Jan
33
Feb
5%
210
4%
Feb
67c
68c
1,000
i6y2
17
340
20%
20%
20%
2,120
7%C
EC
26,500
Jan
Surf Inlet
9c
4,900
4c
Feb
9c
Mar
9%C
9%C
14,750
9c
Jan
13c
Feb
2%c
Jan
4c
Jan
Tamblyn
40c
Jan
60c
Feb
Teck-Hughes Gold Mines.
1
10'/2c
Sudbury
Contact
Cons
1.00
1.00
700
Jan
Thompson-Lundmark
68%
69%
1,985
66'A
Jan
71
Feb
Toburn
3c
3 %C
1,500
3c
Jan
3%c
Jan
Tombill
60c 61V2c
47,462
60c
Jan
70c
Jan
2.60
8,823
2.80
Jan
1.00 Mar
1.18
2.46 Mar
54c
10%c 10 %C
4c
Feb
201,600
6c
Feb
10c
Feb
500
39c
Feb
45c
Jan
3,000
9c
Feb
l
...
Mines
21%
Feb
Feb
2.99
Jan
5
150
Mar
5'/2
Jan
7%c
7%C
8C
9,043
G'/'aC
7%c
8c
4,000
7c
Jan
7 \a a
7%C
1
gc
Gold
—;
79,810
2.31
41%C48%C
47,600
40c
Mar
3c
Jan
7C
9%C
30,734
1.51
1.60
I,950
12c
12c
1,000
29
29%
140
3.25
14,520
Torbrlt Sliver Mines
Toronto
Class
3.05
8c
1,865
25.825
1.15
4,500
10%
•
common
Mines
1.82
1.90
1.80
8c
ll%c
6%
Tower
Jan
Traders
1.80
class
Jan
11%
Feb
Jan
Loan
6
Mar
20c
Jan
26V2c
Jan
1.60 Mar
2.24
Jan
19 %c 221/2C
25,000
17c
4%C
16,600
2%c
Jan
47/aC
73,800
3%c Feb
1291/8 1291/a
10
6% Mar
Feb
4c
3%C
129'/a
Jan
1,000
4c
'50
I
2.05
2,820
3%c
21 %C
128
Steel
Orenada
Orlac
common....—,...-
Gold
Red
———
Mines
—
—
—.
43
43
6c
1
1.06
1
25
10c
8%c
—1
Lake
OSisko Lake Mines
Osulake
43
*
163,600
15c
19c
4%c
4%c
5.25"
4.b0
5.25
•
45%
45%
;
•
—10c
—
1.35
1.35
18c 19 %c
17c
1
—
(Eastern)
1
Pacific
Petroieum
1
Ltd
Porcupine Mines
Western
Pan
Tubes
Hershey
Oil
—
lQVoC
Feb
10% Mar
12'A
Jan
Jan
9c
Jan
•
A
Resources
32c
Mar
50c
33c
'
32c
34C
17.850
29%
28%
30
2,105
25 V2
Jan
30
47c
47c
50c
7,400
47c
Feb
59c
*
2,291
*
27 Vi
Corp class A—
United
Fuel
class
Jan
United
UnitedUnited
Keno
Feb
lie
Feb
Vicour
8
Feb
Jan
Vulcan
Feb
Wane
1.30
19 %c Mar
Jan
1
4 V?.c Mar
7c
Oils
Walker
(Hiram)
Ltd
Waterous
Canada
Western
Grocers
3 %c
4,871
3c
Feb
4'/2c
Jan
4,000
3c
Feb
5c
Mar
3c
1,000
12,150
2,800
10%t 11%C
44,600
1.89
Piccadilly Porcupine
Pickle
—
Peninsular
Porcupine
Reef
River
—
—
Porcupine
Powell
5c
Mfr.r
2c
Jan
Feb
34c
Jan
46c
Feb
63c
Jan
7%c
Jan
12 %c Mar
3,955
1.80
Jan
1.95
Jan
3.25
3.25
3.40
520
3.15
Jan
3.45
3.00
3.00
3.10
4.800
1.82
1.82
3.00 Mar
3.10 Mar
3%C
71c
I
46%
•
•.
Voting
Power
4c
2,466
3c
Jan
4%c
Feb
71c
73c
14,500
68c
Jan
82c
Feb
47%
46%
42%
1,620
Jan
47%. Mar
85c
17
•
90c
85c
Mar
76c
Gold common
1
certificates——-—___
trust
Corp
2.000
3.50 Mar
19c
Jan
7Va
'7
7 Vs
515
6%
Feb
3.45
3.45
3.70
38,629
2.91
Feb
6.00
6.00
6.10
668
8
1,500
38c
33c
37c
II,000
8.00
8.00
8.20
5,673
8
8
6.05 Mar
Jan
4.30
Jan
26c
7%
7.05
6'/2C
Feb
8'/2c
Jan
40c
7.90 Feb
36
44
46
8,435
5'A
100
4.75 Mar
Jan
Jan
Jan
3.70 Mar
20c
5'A
44%
»
———Zi
Consol
Malartic
9.50
Jan
Feb
Mar
Jan
46 Vb Mar
•
„•
9c
Ashley Minerals
Class
...
8%C
4%c Mar
9c
53
155
9%C
14,062
Jan
,7c
53
Feb
49
9%C
14%
14%
14%
60
14% Mar
16%
20
preferred
.
.
6%c Mar
2,500
__5
Breweries
32
32
32
330
32
32'A
33%
34
322
31% Mar
25'A
25%
ft
A
4,500
4%C
8c
•
7%c
53
„
Products
6
6c
4V2c
6c
■
—
...
Weston
•
(George)
common-
Preferred
33%
-
25'A
—100
■——
'
—
Wiltsey-Coghlan
Mar
34
Jan
Jan
Jan
Mar
Jan
Feb
Feb
Mar
26
Jan
475
23%
101% 101 %
15
99%
Feb
101%
Jan
9'/2C
10,500
9c
Feb
12c
5%C
Jan
Jan
6'/2c
Jan
76C
2,000
76'c
Jan
1.05
Feb
16%
17
3,925
15%
Jan
17 >A
Jan
2,300
.
1.10
Feb
55
30
52
Feb
55
Feb
I.
Winchester Larder
„„!
Metals
1
16
15
16
2,580
12%
Jan
16
East
1
1.85
1.85
1.92
6,200
1.71
Jan
18%
18%
150
7 %C
7%C
1.500
4c
4c
99%
Gold
Yale
Lead
&
Yellowknife
....
Zinc
6,080
4c
Jan
4c
Mar
Mines
100'A
65
3%c
3,000
14
14 %
135
2.08
2.08
2.15
5,475
24c
24c 26'AC
4,500
23c
3,500
25,530
18c
18c
18c
88c
—
87c
97c
38'A Mar
99% Mar
100
3%c
1
—
Jan
33'%
14
1
Bear
7,000
17.600
•
...
-
Mines
Yellorex
5%c
4%c
38'A
99%
3'/2c
-
Combing
34%
—5
Preferred
Winora
Wool
37
common-
Jan
Jan
Feb
13
2.06
4'Ac
Mar
?%C
15'A
Jan
Feb
2.27
Jan
Jan
Mar
30c
17c
Feb
21c
Jan
!35c
Jan
99c
Mar
Mar
Preston
4%c
5'/2C
•
Electric
Winnipeg
Mar
Pressed
9c
mm*'
WrJght-Hargreaves
Powell Rouyn
6,700
3.90
19 Vac
Feb
*
—1
—
Gold
3.95
Jan
55Vs> Mar
22%
3%cMar
29 %c
1
Oil
3.65
19%c 19 %c
28%
Feb
Jan
'
10 %C
•
Gold
Polaris
—...
Mines
Gold
Crow
Pioneer
1—1
/——1:
_—,
J an
20% Mar
_♦
& W)
(G
common—
Feb
5.25 Mar
1,800
54c
52
425
13'Ac
Mar
Western
31c
Jan
160
21
1
Westeel
50c
26
54V2
1
—
Jan
30c
27%
21
*
———-I—
Amulet
24'/2c
2%C
Jan
1
Ltd
Ventures
Jan
1
11c
•
Mines
West
—1
19% Mar
•
Canada
Wekusko
Malartic
Perron
35c
54]/2
•
—
Feb
Paymaster Consol
Gold
Partanen
Feb
Jan
27%
—.—a—..———
Steel
Feb
*
40
Jan
15c
25
—
Feb
Mar
14%
50
preferred
Hill-
Oils
.
1.58
4%C
A
Class B preferred
47%
3%c
—
United
Jan
3%C
Jan
7c
12c
Jan
1
Jan
300
11%C
1.23
.1
—
<10%
2,500
11 %C
44 V2
1
Mines
Malartic
1.36
9% Mar
11
1
705
-eA;,
Paramaque
Parbec
1.15 Mar
7%C
Mining
4,621
31/2C
Mar
7c
Union
46
4c
Mar
25c
10%
7c
1
100
1.41
3%C
Feb
45c
12
22.463
Feb
4c
11c
Feb
Jan
25c
4.20
3'/2C
——.
Feb
11
19%
79,640
1
Pandora. Cadillac
6c
36c
12'Ac Jan
150
11%"
25c
Jan
Jan'
17c
Feb
Jan
3.25 Mar
Mar
18%
Western
Page
Pamour
31
173
25c
Jan
44
lO'/oC
500
Feb.
Jan
18%
5c
1.00 Mar
23.250
.
Paciiic
Feb
167
•
130
Jan
Jan
5%
29
Jan
22y2c Mar
8%c
6,950
33,5oU
14 %c
30
*
V 8c
-;
39
13.500
8c
1.10
1.00
Jan
295
Gas
Upper
Ontario
1.66
12c
4,500
11
Transvision-Television
•
__
9%cMar
Feb
2.92
Feb
Jan
10
1
Finance
Jan
-_1
Malartic
50c
170
*
9V2c
11,350
1.66*'
1.45
Jan
2.83 Mar
1.17
Exploration
Feb,
21c
20 %c
1
Feb
10
common
Transcontinental
1.80
8.065
4V2c
Jan
170
Petroleums
Feb
1.80
6'/4
Specialties—
Gold
Ontario
10'/a
25c
3%c
*
>—
A
Towagmac
45c
21c Mar
100
-
Works
9c
45c
19c 20V2e
20c
1
Elevators
General Trusts
Toronto Iron
29
3.20
•
—
10
725
1,500
3,500
2.83
1
;
,
Gold
6%c
12,600
10%
Jan
22c
4%c
10V2c Mar
Feb
8c
5c
21c
1.51
*
5
4'Ac
•
3c
Feb
Feb
9%C
69
22
2.25
2.60
48c
1
common
Mar
20%
>
•
_
Ltd
Jan
20
5
-
3,000
Jan
17 Va
450
2.68
River
72c
Jan
18.250
__
_
Taku
Feb
16%
21
_
Mines
Sylvanite Gold Mines
65c
2.76
•
9>/2c Mar
76,050
10c
5% Mar
2.55
5
Superior Oils Ltd
7%c
Feb
10
20%
2.65
-
Jan
*
„
15%
16 %
4c
8%C
Jan
5%
Jan
18,500
8%
Feb
31%
3c
4%C
Mar
91% Mar
6,200
4c
62c
16 %
4C
4 V2 c
Feb
Jan
Sullivan
2.50
525
Feb
53 %c
Jan
Jan
60c
9.732
21%
12 %c
13%
5c
2.51
59c
Feb
Jan
Mar
10
86
Feb
7%c Mar
20%
9,500
20
3c
55c
Oils
Omega
Mar
32%
275
10c
Union
O'Leary
38
385
21%
850
5%c Mar
45c
Omnitrans Exploration
Mar
9%
49c
1
Wood
Feb
83c
16 Va
7,500
1
Mines
North Inca Gold
Okalta
36c
Jan
91%
59,850
Northern Canada Mines—
Ogama-Rockland
Ja»
Mar
67c
9V2
60,055
1
Gold
Oakyille
Jan
Jan
15%
4c
Toronto
Gold
30
27
H 00
9iy2
75c
3%c
1
O'Brien
Jan
31 %c
53c
53c
t
preferred
3c
•
North Star Oil
Feb
21
—25
1
—_
Mines.
Mar
ID CO
10c
21
*
common.
preferred
50c
Mines
Northland
2,575
62,030
1
new
*
Denison
24
205
•
50c
Mining
North
26% Mar
1,010
34C
91/2 C
*
Extension
Jan
7%
*
=.
Gold
3%c
Norlartic
Northern
1.720
81c
•
Stedman Bros
9%C
Normetal
Norseman
b% Mar
Jan
Feb
1
Mines
Norpick
Mar
•
•
—
*
:
Feb
10
99
100
—
class
1
„
Jan
Jan
17%
91c
28
33c
49c
8C
Nipissing Mines
Noranda
Feb
8.85
38c
Jan
24%
78'/2C
7 %c
Oils
Norgold Mines
Mar
Jan
98%
33c
6%c
Merger
Mines
Mar
9%
24%
79c
3»/4C
Yellowknife
16
48c
27%
1
3%c
Thurbois
Nicholson
Feb
Mar
28
50C
__
Norzone
Nib
72
8.00
22c
24%
7%C
Gold
New
6%
•
common
common
Steep Rock Iron Mines
Rouyn
6%
•
Radio
%c
Mar
1
Pacalta
525
38
—
1.32
Feb
1.08
Goldvue
New
50
70,750
a
Mines
Standard
1.00
New
New
16
9uc
•
Preferred
1.68
31/8C
75c
New
16
___
Paving
1031/2
8%c
83c
Gold
30,200
9%
common
Chemical
Feb
1
Mines
Feb
101 % Mar
l
;
Marlon
972
24c
—1
—
Co
22%
1
Newnorth
8.50
98%
—
Brazeau
277/a
22%
Dickenson Mines
New
21%
22c
Jan
22
Jan
83c
_
—
Co
<N>
41
«
New
New
Jan
19%
Feb
25c
•
Bidlamaque
Calumet
A__
Malartic
22%
A
Alger
20
9%
*
Gold
22
*
New
350
450
16
•
22
preferred————100
New
Feb
Jan
2.38
21
84C
•
A_
Preferred
27%
Mines
(Wm)
Jan
1.20
21%
9%
-1
—■
class
1.91
16
<
8.05
—,.—5
Mines
Preferred
Neilson
44.061
.
1.05 Mar
21%
22c
1
Ltd
oiass
Feb
Jan
27%
Car
—.
21%
1
-
B
Jan
8%
22%
•
Pipe class
2.23
High
Jan
34%
20%
(Quebec)
Dairies
Simpson's
:
33 % Mar
22 V2
Petroleum
National
€0
1.200
6%
*
,
National
16
1.10
57 %C Mar
•
A
B
National
11
common
common
Miller
20
Hosiery
Class
11
*
common
Low
16
2.06
•
Range Since January 1
High
1.08
Mining
Ltd
16
27% Mar
16c
45
:
Grocers
Mines
aiiaijco
38c
26%
50
—5
common
Chemical
&
Sigma
12% Mar
Low
*
certificates-
trust
Fcd
A_
_2
Breweries
Voting
Mar
'i
National
National
Sicks'
il
Jan
Shares
Gold
Gordon
85
2,395
77
Sherritt
Feb
12'/4
21
Creek
Feb
9% Mar
12'A
77 V2
common-
Mosner Long Lac
3
100
85
*
Investment
&
4
9%
Sheep
19 % Mar
Jan
Winnipeg Brew class
13%
for Week
Par
Shea's
18 y2 Mar
Jan
Mar
34V2c
-100
Mortgage
Corp
14%
4
Porcupine
Montreal
245
9%
common
Preferred
Moneta
18%
19 'A
Works
12
Sales
Range
of Prices
'
'
High
240
18%
Modern Containers
common-,
Ciass A
Monarch
Low
High
12'A
Week's
Last
Sale Price
STOCKS
Range Since January 1
12
Tool
14
Friday
Shares
Par
Modern
MARKETS
MARCH
for Week
Sale Price
Mining Corp
(1293)
Sales
Week's
Friday
STOCKS
ENDED
CHRONICLE
Premier
Trust
*
——-1
10
Proprietary Mines
Purdy Mica Mines
Purity
Mills
Flour
55
100
——
_
Dome
common--
■
7
——:—————1
Preferred
7
48
31c
17c
78c
1.04
21 Vs
56c
2.05
.
Feb
18 V2
Jan
6%c
Jan
6%
40
30c
15c
77c
98c
20%
45c
17% Mar
50
48
—————.—40
Gold
7%C
55
Feb
8%
48%
Toronto Stock
Jan
Jan
Exchange-Cirb Seotion
Jan
47
7%c Mar
Canadian Funds
Last
Range
Sales
for Week
Sale Price
of Pi ices
Shares
Friday
Quebec
Labrador
Quebec
—1
Manitou
16c
1
Quebec
—
1
Queenston Gold
Mining
Quemont
—
*—
99c
•
20%
47c
1
Quesabe Mines Ltd
2,250
30c
Mar
40c
15c
Mar
20 %c
Jan
3.900
75c
Feb
1.03
Jan
19,032
95c
Mar
1.17
Jan
STOCKS
Mar
15.000
18%
1,675
45c
15,300
Jan
Mar
Reef
Pete
—
Reeves MaeDonald——,
Regcourt
*—-1
:
Silk
class
A——
Roche
Lac
Long
Oils
Roxana
—;
1
——
2.10
200
4c
4c
500
4%c
28
4%c
28
7,600
9
100
9%
125
9J%c 103/2c
4,000
—
9%
9%c
9%
75
27,200
Feb
Asbestos
Jan
Eritish Columbia Pulp &
Feb
4c
:
2%c
Co
Feb
10
7c
Jan
13c
25c
Feb
49c
28
Jan
11% Mar
1,440
54,009
11c
3%c
73,500
19%
1,390
14%
34%
15%
97 %
55%
3.80
200
12%
100
100
1
14%
14%
49
1
St Lawrence Paper 1st pfd-,—-——99
2nd preferred
1
1st
2nd
Ban
preferred
preferred
Antonio
Rannorm
Sarnia
;
———
Gold
Mines
Bridge
_—
Senator .Rouyn
Ltd
Water * Power com
series B p*-eferred^
Bhawinigan
4% %
Shawkey
(1945)
Mines' ——i
For footnotes see page S8
1
1
*
1
•
50
-1 I
—
34%
15%
96
95
—
—
3.60
54
3.60
--
26c
25%
52
—
.3
25c
8
27c
25
25v*
52
10%c
52
12c
92
3.80
Feb
4%
Feb
99
3,704
760
3'A
99
3.95
99%
92
Jan
Feb
•
22
515
275
Mar
— —-
23 'A
22'A
13%,
23'A
176
22
———*
22%
13'A
104
22%
Sugar
27
8.85
I,
—100
Consolidated
12'%
23'A
176
_
155
5
3.823
420
5.650
12
Jan
J an
Feb
Feb
13% Mar
Feb
24
Jan
Mar
21%
176
180
Jan
18'Ac
Jan
3.30
3.70
95
3.60
3.90
99%
3.80
*
•
€0
60
19%
€1
20Ve
180
4-550
—*
34c
33c
25
35c
27
22,000
255
16
43
43
--
17%
115
225
40%
2——a
43%
18%
*
3.65
3.50
3.70
2.100
*
common-—.—7%
35
43%
30%
41
35
43%
3.045
5,885
115V2 115%
21'A 21%
10
——
Dalhouflle Oil
3c
Jan
4%c
Jan
deHavillanc!
17%
Jan
19%
Feb
Dominion
Jan
15% Mar
27
Jan
Jan
16
—
89
Jan
Jan
3%
57
Jan
Jan
17%
4'/8
101
Feb
Mar
3.90 Mar
61
Mar
20 Vb Mar
.45c
Jan
Jan
27
Mar
Jan
44 Vi
15%
Jan
18% Mar
3.15
Jan
Mar
32c
34% Mar
14
Jan
2%
99V2
3.80
Paper
Jan
—
*
•
Lumber
Canada Westinghouse
10c
.
1
Western
Mar
Jan
97% Mar
Jan
55% Mar
3.50
Feb
4.05
Feb
6%c
5,000
26 %
Jan
Vickers
85%
2^
Jan
82%
Marconi
Canadian
Canadian
50 Ve
395
24%
1
—
Canadian
535
6,200
245
200
common
—
Jan
296
25
26 %
85
25 %
85
—
Preferred
Mar
3.700
8,500
—
Mar
25 V2
85
3.70
*
Paper com—*
——
—
Dominion
Canadian
5c
7% Mar
8
25c
Feb
32c
23%
Feb
25%
51% Mar
52
10c
15c
Jan
Foothills
Aircraft
Paper
Hayes Steel
International
Preferred
International
Jan
Minnesota
Jan
Pend
Jan
Price
Mar
Feb
—
Paper
!
2
—
—
5
21%
18%
*
20
19 %
1
Paper-
common
Oreille
Bros
*
5.15
*
—
5.10
1°
5
Utilities
& Ontario
Ogilvie Flour
*
•
Oii
Jan
Mar
1—
—
Bridge
Donnacona
St Lawrence Corp common——
7
Jan..
Feb
Feb
34c
11%
56.000
Vinegars
Industries
9'A
27%
.
Canada
Mar
Jan
9.60
10c
3Vsc
Jan
5c
10
Mar
500
Preferred
4%c
Feb
High
Low
5
7
—
common—,
and
8%
11%
19%
——
Canada
Mar
27%
19%
Corp
Jan
29
30%c
10J/2c
3%c
Jan
Mar
Mar
28
22c
•
43c
2.55
27%
1
—1
Chlbougamau
Mines
Industries common
Mar
Range Since January 1
High
5
100
23%
97c
2.03 Mar
•
Ru'pununi
Russell
'
2.10
36c
19,000
*
Rovalite Oil
Roybar
28
40c
10
Co
Eank<
Royal
—
*
*
—
4%e
73c
Robinson Cotton __——————*
Robinson Little common
•
1
— —
Gold
Reno
Riverside
26c
1
-
Low
Par
—"
Andian National ———2
Brown
Week's
—'
Temiskaming Mining
Twin City Rapid Transit com—
1
*
18%
--
13Ve
13V8
193/2
20
5 20
llVfe
7%c
13Vb
37%
Jan
43% Mar
Feb
115% Mar
115
Feb
Jan
19% Mar
5.05 Mar
63%
Jan
6c
100
Feb
Mar
Feb
17 V*
1,635
200
35
Jan
27
19%
325
4.00
Jan
8%
Jan
22%
Jan
19% Mar
20
6.00
Feb
Jan
71% Mar
8c
Jan
13% Mar
37
/
33
THE
(1294)
COMMERCIAL & FINANCIAL
CHRONICLE
Monday, March 27, 1950
OVER-THE-COUNTER SECURITIES
Quotations for Friday, March 24
Investing Companies
Mutual Funds—
Securities
Aeronautical
Affiliated
Amerex
Fund
—
5.81
6.38
l/4
4.39
4.76
—10
Corp
37%
1
3.97
4.29
8.26
15.66
8.93
17.02
1
Fund
Inc
Axe-Houghton Fund
Beneficial
35%
1
5
6%
6%
Business Shares
American
Axe-Houghton
Ask
1
Inc.,.
Holding
Bid
Par
B
Corp
Blair Holdings Corp
1
25/s
3
Bond Inv
•
98.71
102.82
Tr
Fund
Boston
America
of
Fund
(Net Asset
Managed
5
18.65
Petroleum
19.83
21.73
Steel
Fund
Chemical
1
15.64
100
Preferred
4,450
100
com
136
Commonwealth Investment
Delaware
141
1
Shares
5.90
6.41
1
14.54
15.99
25c
Fund
Dividend
16,92
4,600
1.60
1.75
„•
Balanced Fund
1
Fund
Stock
1
Boston
20.15
4.09
4.30
28.20
30.49
2.01
Inc.l
10
Corp
Fund
First Mutual Trust
18.85
20c
Industrial Fund
Financial
29.94
-—5
Equity Fund Inc
Fidelity Fund Inc—
First
28.00
31%
2.20
33/.
5.46
1
6.06
Franklin Custodian Funds Inc—
series
stock
Common
lc
6.14
6.72
series
stock
Preferred
lc
5.47
5.99
2
15.66
17.16
Industries
Gas
General
Fund
Capital
Inc
1
17.18
18.57
1
54.48
58.58
1
5.16
5.58
Inc
Corp—
General Investors Trust
Mass
Agricultural shares
lc
7.23
7.92
Automobile shares
lc
6.47
7.10
Aviation shares
lc
6.21
6.81
shares
lc
7.84
8.59
shares
lc
6.78
7.44
Electrical Equipment shares.lc
10.37
11.36
Building
Chemical
Food
shares
...
5.12
General
bond
shares
5.62
7.38
lc
;
—.s
Fully administered shares—lc
8.09
lc
7.75
8.50
Industrial Machinery shares lc
bond shares—lc
7.22
7.92
9.46
9.93
Institutional
Investing Company shares—lc
8.95
Ctfs
Mass
of
5.91
6.48
Priced
lc
shares
lc
lc
Petroleum
Shares
9.13
4.89
5.37
lc
shares
Railroad Bond
8.33
8.05
8.82
lc
Merchandising shares
Mining shares '
2.53
2.79
RR Equipment
shares
lc
3.56
3.92
Railroad
shares
lc
4.77
2nd
4.07
Inc__10c
7.49
interest—1
29.18
31.55
Fund
5.11
5.61
Inc.l
13.30
14.38
1
14.17
15.40
1
15.03
l%s Jan.
100.2
99.25
118%
1,
l%s
119/2
1, 1953-1951-
Feb.
Oct
99.28
100.2
101.28
102.2
100.2
-
100.6
100.5
Panama Canal 3s
1961
1955 1953
.
1957-1955
1,
.
U. S. Cerlificaies of Indebtedness
Dollar
15.33
10.77
1 %s
100
April 1, 1950
Series
1, 1950
100.0000
U%s June
1, 1950
100.0195
l%s July 1 1951 "C" wi
100
100.1
tl%s July
1,1950
100.0260
.0341
1%S Oct.
100
100.1
lifts Sept. 15, 1950
100.0133
.0322
1,1951
7.62
l%s March
15,
1954
7.19
1%S March
15,
1955
.0268
7.43
4.38
99.29
99.30
100.5
$1 %S Oct.
1,1950
99.9788
.9891
lifts Jan.
1,1951
99.9634
.9786
100.6
4.79
3.03
Series
tl%S Apr.
Ask
Indebtedness—
100.1
6.84
Series
Bid
oi
100
"B"
1951
1
6.58
Series
Maturity—
Certificates
6.97
series
Price
Ask
Treasury Notes—
1%S July
9.96
Bid
Maturity-
16.61
14.28
Priced Bond Series.
Stock
Ask
99.21
-
2%s
8.21
Securities—
Speculative
Bid
1, 1952-1950
4.49
Security Series—
Income
100.3
Central Bank for Cooperatives—
l%s Feb. 1, 1953
4.63
of
Stock
l%s May
Issue*
4.70
4.20
Fund
Preferred
point
a
Bank Bonds—
3.36
4.26
National
Low
32nds of
more
3.31
1
4.83
5.28
Industrial Stock Series
1
Selected Group Series
1
Low Priced Com Stock Series 1
6.64
7.26
3.75
4.10
4.05
4.43
16.17
17.39
New
England Fund
York Stocks
1
Federal Intermediate Credit
Bate
Dated
7-
1.55%
Inc—
Due
4-
1-49
Bid
Ask
bl.30
3-50
1.15%
Rate
Dated
1.30%
Due
12-
1-49
9-
Bid
Ask
bl.30
1-50
1.15%
Agriculture
1
10.25
11.23
1.35%
8-
1-49
5-
1-50
bl.30
1.15%
1.30%
1-
3-50
10-
2-50
bl.35
Automobile
1.15%
1
6.81
7.46
Aviation
1.35%
9-
1-49
0-
1-50
bl.30
1
1.15%
1.30%
2-
7.71
1-50
11-
1-50
8.45
bl.35
1.20%
1.30%
10-
3-49
7-
3-50
bl.30
1.15%
1.30%
3-
1-50
12-
1-50
bl.35
1.20%
1.30%
11-
1-49
8-
1-50
bl.30
1.15%
1.30%
4-
3-50
1-
2-51
bl.35
1.25%
stock
1
11.75
12.88
Building supply
1
8.99
9.85
Chemical
1
12.14
13.30
Corporate bond series
1
10.90
Diversified Industry
l
Diversified Investment Fund.l
Diversified preferred stock
1
4.24
4.65
11.37
12.46
10.47
11.47
Electrical
equipment
11.56
l
14.52
10.22
11.06
12.12
8.47
9.28
16.71
18.31
11.20
12.27
Machinery
Merchandising
Metals
l
Invest"
Pacific Coast
Public
Fund
Utility
Bid
Mar. 30,
Ask
1.00%
May
1.00%
May
bl.14
1.04%
June
bl.14
1.06%
June
8,
bl.14
1.06%
June
15,
1950_
June
22,
1950
8.77
9.61
1
Railroad equipment
Steel
Bid
bl.14
bl.14
1950
April 6, 1950
April 13, 1950
April 20, 1950
April 27, 1950
l
Railroad
Treasury Bills
11.20
l
United Stales
11.84
13.25
1
stock
10.80
1
l
Insurance
wi
5.71
6.26
May
4, 1950
bl.14
1.06%
May
11, 1950
bl.14
18, 1950
25, 1950
1,
Ask
bl.14
1.08%
bl.14
1.08%
1950
bl.14
1950
bl.14
1.08%
1.08%
1.06%
1
6.22
6.82
1
8.51
11.51
22
_1
16.21
17.43
l
2.54
2.77
value).*
52.98
52.38
2%
11.35
12.29
213/8
22 5/8
1.10%
12.61
15
bl.14
9.33
_l
1.08%
Tobacco
5.24
lc
4.51
3.04
Investors Corp
Bond
100.2
100.1
or
Federal Land
4.17
Boston Inc
Mutual Invest Fund Inc
Balanced
100
15, 1951
one
Ask
Trust—
beneficial
Nation-Wide
1950
15,
3.73
3.78
lc
Bond Fund
Fund
4.09
3.38
lc
Investors
Mutual
4.27
lc
9.81
Low
3.89)
lc
shares
Investors
Bid
49.45
lc
shares
Bank
Securities—
Group
3.53
shares__lc
shares
Paper
1.35s Sept.
Other
New
Fundamental Investors
49.45
lc
National
Eaton & Howard-
34.02
1%S Feb.
10
shares
Non-Ferrous Metals
Manhattan
Christiana Securities
Value)
Industries
9.34
40.72
34.02
Fund—
Furnishings shares
9.33
17.25
37.87
♦
General
23.62
1
Federal Home Loan Banks—
!
3.87
Home
Figures after decimal represent
Ask
Mutual Fund—
Business Equipment shares.lc
Electrical Eqiupment sharefl.lc
21.85
Century Shares Trust.
Bid
Funds—
Automobile
-1
Ltd—
Par
(Net Asset Value)
Loomis Sayles Second
10c
Bowling Green Fund Inc
Broad Street Invest Corp__
Bullock
Loomis Sayles
1
Inc
Obligations Of Governmenl Agencies
Mutual Funds—
Steel
stock
shares
Tobacco
shares
lc.
Howe
Plan
4.72
5.18
lc
Utility shares
6.31
6.92
Fund
Inc
4.54
4.91
10c
1.79
1.95
Incorporated Investors —5
23.53
25.44
9.36
10.26
Income Foundation Fund
&
Trading
(Geo)
Republic
5
Fund
Investors
Fund
Group
Fund
Inc
Selected
(net
Amer
asset
shares
lc
Group shares
Group shares
lc
Insurance
Shares
Shareholders Trust of Boston._l
81c
89c
lc
1.11
1.23
lc
12.77
14.00
1
10.23
11.12
State
Street
Television
Fund
Trusteed
Co
Group
America
of
Union
Investment Trust
Boston
1
Investors Management Fund
1
15.40
15.76
1
27.55
28.82
1
24.37
26.59
1
17.37
18.96
Keystone
Bl
of
Custodian
(Investment
B-2
(Medium
B-3
(Low
Grade
Priced
Bds)
Bonds)
(Speculative
Bonds)
1
(Income pfd Stocks)
K-2
Appreciation
S-l
(Quality
11.02
16.12
S-2
25.94
30.51
32.28
(Income
15.79
17.23
Stks)_l
12.86
14.03
Stks)__l
5.09
5.56
(Appreciation
S-4
(Low Priced
com
com
com
series
12.59
Brooklyn
152
157
First National Bank
75c
04c
Central Hanover Bank ft Trust 20
100%
103%
Harris Trust
cScSalfnk%BTn™iZI~}o
C~cl———20
43*
4°'/4
A
l
B
1
18.41
C
1
6.54
1
20.24
Trust
100
Union Preferred Stock Fund
Union Common Stock Fund
I
7.58
Income Fund Shares
Wall Street Investing
Corp
Wellington Fund
Whitehall Fund Inc
Wisconsin Investment Co
1
Continental Bank
1
10.15
11.03
1
10.86
11.18
1
18.36
20.03
1
17.39
18.70
3.77
4.09
First
Diversified Trustee Shares—
Series
E
2.50
7.86
9.00
l
Independence Trust Shares
2.26
2.57
North
4.97
5.45
25c
2.53
2.76
Series 1956
1
4.08
1
2.40
Guaranty
&
Par
Casualty & Surety
10
Aetna Insurance
Bank
Trust
98%
Home
5
Assur
65
Insur Co of North America
10
65
Jersey Insurance of
20
75
78
26%
28%
51%
54%
5
Fidelity & Casualty
63
62%
4
American Casualty
17
Maryland Casualty
N
Y
common
19%
Co
25
20
Co Inc
100
253/4
27%
34
Merchant
5
313/4
333/4
4
87/e
28 V*
16%
18%
Fire Assurance
Merchants & Mfrs
Casualty
National
Fire
American Surety
Automobile
25
62%
65
National
Union
10
Bankers ft Shippers..
25
64%
New
New
(Detroit) ..10
Fire
Amsterdam Casualty
Hampshire Fire
61%
63%
New
York
5
23%
25
North
Connecticut General Life
10
76%
79%
in
71%
74%
Crum
10
36%
65%
40%
5
....
62 %
10
413%
River
2.50
12.50
Northeastern
Pacific
39%
Pacific
Ins
Co
3.33%
Fidelity ft Deposit of Md
10
66
70
Fire
10
66%
Fire
25
91
94
of
Phila
"Firemen's
of
of
Frisco
Newark
General Reinsurance Corp
Glens Falls
5
22%
23 3%
82%
853/4
5
Providence-Washington
Republic
Corp
(Texas)
(N Y)
Security
13%
14%
Springfield Fire ft Marine
16%
18%
Standard
96%
Fire
10
34%
36%
Hartford
Fire
10
117%
121%
Hartford
Steamboiler
10
40
5
53/4
10
33 3%
2
7%
10
33%
12%
100%
10
55%
lo
36
10
47%
93/2
96%
12
8%
645
(New
Haven)
Accident
2"%s
1979
1974
2%s__1979
Power
Island
Pac
&
0
39 %
100
U S Fire
Westchester
4
Fire
39%
12%
20
85%
64
66
55%
57%
.
San Francisco
9%
Bank
675
of Amer
N T
& S A__12%
Security Issues
Stocks
Ask
102%
103%
105%
Conn
106
103
2%s_1999
Lgt & Power 2%s
Power
Service
1984
27/aS
Co
1979
27/8s
1969
103
98%
k__
1033/4
104%
102
N
105%
1023%
104%
Niagara Mohawk Pow 23%s_1980
101%
1979
104
105
Tenn Gas Transmission 3s__1969
103
103%
United
101%
102
Gas
of Indiana 3s
Corp
2%s
Electric
100
3.90c
pfd
&
pfd__50
pfd_30
20
106
52%
53%
39%
40%
103
19%
104
20%
Gas—
(series
$4.80 redeemable
Penn
1970
Elec
Ask
56/4
53/a
& Light—
preferred
State
4%%
101%
Public
Y
Bid
55 ft
523/4
1949)
100
107
108%
Pacific Gas & Elec Co—
105
Serv
*
•
Maine Pub Serv $5.50 pfd
104%
Light—
2%S
Par
pfd
Kentucky Utilities $4.75 pfd_100
1979
&
$2.20
Iowa Southern Util 5%%
104
Power
Pwr
Power
4.28 %
Hartford
99
-103%
Indianapolis Pwr ft Lt 2%s_1979
mortgage
&
preferred
Delaware
103%
102/2
(Continued)—
Lt
$2.04
Pub
Pwr
Ser
&
1st
Lgt 4%%
(Colorado)
pfd
25
28%
pfd__100
107%
4.40%
Pub Serv of Okla 4.65%
—
100
28%
127%
pfd_100
107
$4.75 preferred series G—100
106
Rochester
San
Gas
&
108%
Elec—
Diego Gas & Elec—
41%
Fidelity & Guaranty Co__2
U. S. Guarantee
_
Bank
Natl Bank
RR—
1980
Commonw'lth Edison
Conn
35%
Stocks—
485
5434
Par
Bid
4% %
38
Elec—
Central
104%
Blackstone Valley Gas ft
$4.25 preferred
Elect
4.75%
500
563/4
68
71
10
79%
83%
2
22 V*
23%
Hudson
Gas
preferred
ft
100
100
preferred
Island
4.90%
105%
20
22
Ask
Staten
22%
Edison—
preferred
100
106%
108
100
108%
109%
106%
Tenn
105
-
Gas Transmission—
$4.65
preferred
Odd lot sale
(not Included in year's range).^ b Bid yield price,
d Deferred delivery sales (not
range),
e Ex-Interest.
fFlat price,
k Admitted to listing on N. Y. Stock Ex¬
to trading N. Y. Curb.
rCash sales (not included in year's range),
tExliquidating dividend.
(Un) Admitted to Unlisted Trading privileges, wd When delivered,
wl When
x Ex-dividend,
Issued,
y Ex-rights,
z Ex-stock dividend.
ft
Travelers
37%
49%
10
100 %
U S
UnIted States
•
Reinsurance
St Paul Fire & Marine
Seaboard Surety
38
First National
93%
142
10
543/4
32
Rock
Kansas
1834
323%
30%
7%
67%
30%
Hanover
Tel
2/aS
Gas
17%
52%
5
49 %
.
64%
5
Great American
28
5
10
Globe & Republic
5
Globe ft Rutgers Fire common.5
2nd preferred
15
21
120
10
Accident
20
Portland
4o
100
300
59%
278
Did
Oregon
1st
69
10
Assn
igy2
26%
113
100
,.
Peoples First National
Bank & Trust
1,520
43%
43%
49%
Indemnity Co
Preferred
wireman's Fund
41%
47
Peerless Casualty Co
Phoenix
71%
Calif
Chic
383/4
38%
•
Associated
Duke
Fire
Northern
Continental Casualty
34
63%
2
,
47%
Trust
&
Trust
Bell Telephone of Pa 3s_
5
10
285
.
43
Bonds—
10
109
10
32
295
Mellon Natl Bank & Trust
_
90%
Trust_17%
Central Maine Power 2"fts—1979
National
10
ft
25
Guarantee
93/4
26%
3
34%
Federal
39
Pittsburgh
25
Bank
States
41%
57%
272
Recent
32
22%
Employees Group Assoc
Employers Reinsurance
37%
14.
38%
$1.05 Convertible preferred__5
Massachusetts Bonding
5
21%
Inc
38
109
18%
32'/4
Forster
36'/,
12%
Trust
32
335
Farmers Deposit Natl Bank—.100
54%
10
ft
100 1,490
City Bank
30 %
18
'
32
55%
21
5
61 %
36%
105
19 %
preferred
American Re-Insurahce
Camden Fire
20
100
Ask
52
Prior
2%
;
l
Bid
10
$2.10
Newark..
Boston
Trust
National Bank of Detroit—__10
312
Nat l
620
Co
1,280
18%
United
Par
10
_
1.220
29
York
350
600
National City Bank
22%
10
Trust
337
34%
303
&
100
100
Savings
244
110
2l.%
32%
100
Title
Ask
25
....
American of
Bid
10
Automobile
American
107
Cleveland
6<iV*
Irving Trust
Kings County Trust
Lawyers Trust
P)
94%
237
38
100
Sterling National
10
.
American Equitable
W'
36
10
Trust
225
100
Northern Trust Co
7%
Industrial Bank of Commerce.lO
(J
Ask
55V,
10
Bank
—
Insurance Companies
American
"
16
N Y)
Trust
National
National
Alliance
&
Central National Bank
Empire Trust
Fiduciary
Bid
215
lanoltaNU'I
Bank & Trust-33%
92
4
50
(White Plains,
Public
American
53V,
6%
CountyTrus^CoaDlt & Trust~20
New
Agricultural
w
& Trust—
Stamped
Federation
Type Trusts—
Amer Trust Sharesr—
Series 1955
Fund
Life
*>77
"«■/,
22.02
Series
Unit
100
Continental Illinois
11.55
ZZZ..10
Morgan
Aetna
City Natl Bank & Trust
1
25c
,nn
Bank™TrSX™
Manufacturers
Aetna
28%
6.77
___1
Fund
Bfckw0fthNeAWvpYn!?
26%
58.25
17.59
23.78
Stks)_l
Stocks)
1
S-3
Co„10
«.
1
pfd Stks)_l
common
Trust
10.09
Manhattan
6.19
United
K-l
Lexington
9.12
Funds—
Bonds)
B-4
Knickerbocker
8.32
Par
Chicago
the
of
Companies
Ask
55.75
Inc
Fund
Bank
Bid
York
Corp.*
Industry Shares
Bond
New
1
Investment
Series
Stock and Bond
Investment
Banks & Trust
Par f
Sovereign Investors
Institutional Shares Ltd—
Bank
Putnam
Scudder, Stevens & Clark
1
Aviation
Petroleum
Included In year's
change.
n
Admitted
•No par value,
tin default.
$ These bonds
are
subject to all Federal taxes.
Volume 171
Number 4893
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1295)
THE COURSE OF BANK CLEARINGS
Bank
clearings this week
will
Preliminary figures compiled by
show
compared
with
a
year
ago.
based upon telegraphic advices from the chief
us
cities of the country, indicate that for
the week ended
Saturday, March 25, clearings
for all cities of the
United States for which it is possible to obtain
weekly clearings
will be 15.0% above those of
the corresponding week last
Our preliminary
year.
total stands at
$15,283,431,615 against $13,291,153,748 for the
this center there is
week in
same
•*
-
1949.
At
Third
Our,; comparative
New York
I
$7,652,591,931
Chicago—
$6,363,965,973
694,807,213
Philadelphia
y
1949
1,114,000,000
461,8*5,520
City
259,863,053
St. Louis
days_.
Total all
Federal
344.858,215
'+
318,454,427
in
Total
ends
able
to
(+•17.3
West
2,540,601,540
+ 13.7
+16.5
We
cannot
bank
week in 1949.
clearings at this
furnish
them
today, inasmuch
not available at time of
are
there
was
the week
as
going to
press.
has to be estimated.
decrease of 0.7%,
a
center
to
having recorded
$15,417,612,501 against $15,531,-
loss
a
District the totals
of 2.6%.
Philadelphia Reserve District
; We
decrease of 0.6%
of 0.6%.
are
improvement
an
In the Cleveland Reserve
a
District of
loss of 4.2%
gain of 1.$% and in ^he
2.7%.
In
following
we
furnish
a
the
Kansas
but in the Dallas Reserve Dis¬
San Francisco Reserve District of 3.1%.
V
In the
by 3.3%,
increase of 7.3%, but the St. Louis Reserve District
records
an
City Reserve District the totals suffer
a
a
larger by 3.0%. The Chicago Reserve
and the Minneapolis Reserve
enjoy
•
-
■
'
'
.4.
SUMMARY
Week Ended March 18—
2nd
3rd
Philadelphia
Cleveland
——
—11
i
Inc.
$
580,952,088
8,109,698,714
8,258,341,326
1,008,654,907
1,002,917,211
971,285,356
Dec. %
—
Atlanta
6
10
7th Chicago
—17
.....
$
U
626,907,802
562,697,109
1.8
8,167,622,561
7,673,226,225
0.6
+
1,053,588,610
971,502,991
4.7
—
995,883,252
<<
451,807,597
470,525,759
719,418,472
698,169,827
456,143,798
+
960,755,201
544,909,107
547,945,534
684,813 785
695,487,293
10th Kansas
11th
7
385,882,787
396,463,447
City
—
Dallas
12th San
—10
488,371,393
509,603,855
__
Francisco
6
346,798,604
342,477,373
—10
York City.
now
add
our
816,567,619
7,622,593,697
7,530,460,293
Seventh
Federal
Reserve
Indiana—Fort Wayne
Wisconsin—Milwaukee
;
New
848,568,418
722,647,088
15,577,745,343
14,399,151,282
7,685,461,445*
or
New
Chicago
Decatur
*.
1947
$
$
+
—
6.7
1,581,204
1,575,150
4,011,204
4,215,934
0.7
York—Albany
1,682,086
864,936
+
15.0
851,134
736,536
+
7.3
1,822,909
+ 11.2
7,364,372
L
,
rs
5,686,482
25,G90,130
11,948,944
v
+ 14.7
4,734,545
25,476,537
20,207,485
.
+ 19.9
715,965
376,588
141,329,967
—10.3
124,908,007
139,429,808
698,169,827
+
3.0
684,813,785
695,487,293
+ 36.5
1,916,885
10,390,556
5,369,636
9,588,358
5,563,277
58,338,000
4,966,799
49,920,000
3.7
10,829,904
6,289,701
1.2
29,194,300
28,465,100
—13.2
1,382,840
1,233,218
+
1,513,875
580,952,083
_
Springfield
+
0.2
626,907,802
562,697,109
+ 276.1
+ 19.3
Northern New Jersey..
98,801,281
6.7
102,489,635
+
+ 10.8
13,290,504
0,324,005
+ 11.9
—
5.1
5,977,298
+
4.3
6.940.392
+
8.8
3.044.393
3,734,794
26,045,735
0.9
6.8
—
68,502,904
14,895,313
1,147,954
734,493,954
2,745,140
10,497,011
—
6,488,412
t
+ 14.6
61,875,254
0.1
+ 26.4
3,658,247
27,898,685
+
1,586,498
5,087,540
4,710,507
It
55,437,689
3,754,445
29,000,713
3.0
11,298,801
+
6.7
1,097,169
13,631,209
944,254
+
6.3
782,030,764
707,803,217
—
+ 19.5
2,749,727
2,630,960
6.3
10,044,368
9,578,843
+ 38.9
5,021,814
3,949,554
+.
4,294,276
3,187,907
960,755,201
+ 11.3
3,250,149
3,010,606
7.3
996,991,744
905,601,192
+
Eighth Federal Reserve District—St. Louis—
Missouri—St.
Louis
295,800,000
142,514,044
104,408,140
1,848,223
544,909,107
Illinois—Quincy
313,200,000
2,136,923
Kentucky—Louisville
Tennessee—Memphis
Total (4
cities)
Ninth
Federal
Reserve
547,945,534
5.6
316,600,000
287,500,000
335,858,289
+
4.9
138,933,247
97,039,022
+
7.6
95,369,129
122,113,157
107,241,838
+ 12.9
2,078,321
1,539,768
0.6
552,980,697
518,394,763
—
—
District—Minneapolis-
Minnesota—Duluth
North
6,829,252
267,572,625
95,507,034
Dakota—Fargo
5,806,270
259,018,094
95,578,662
8,120,344
3,952,734
8,588,722
South Dakota—Aberdeen
3,111,229
Montana—Billings
3,434,010
9,394,446
3,692,331
11,740,481
385,882,787
Helena
396,463,447
+ 17.6
5,764,296
5,628,577
3.2
268,264,289
96,822,300
262,750,291
0.1
—
—
86,072,388
5.8
5,625,238
—21.3
3,567,615
3,517,130
7.0
2,719,070
2,717,537
—20.0
8,888,901
8,920,845
2.7
391,651,709
375,530,807
+
—
—
5,924,039
Reserve District—Kansas City-
541,353
437,180
+ 23.8
483,567
648,802
+ 25.5
561,732
7,193,212
424,552
7,118,225
129,283,093
1.1
6,376,303
2.8
109,480,852
6,137,100
123,411,520
Hastings
Lincoln
_
Omaha
125,601,949
8,771,339
__
Missouri—Kansas City
St. Joseph
Colorado—Colorado Springs
Pueblo
7,081,177
12,046,367
317,978,619
11,963,019
338,157,641
11,070.607
Wichita
+
—
377,509
368,816
+ 23.9
6,270,913
5,199,027
0.7
6.0
11,433,135
340,034,288
10,972,838
314,625,928
9,801,312
—
—
+
4.4
9,989,229
2,074,717
+
8.3
1,815,068
1,689,554
2,234,787
+
9.1
1,708,588
1,360,314
488,371,393
Total (10 cities)
10,605,214
2,247,056
2,437,324
_
Eleventh
509,603,855
4.2
488,047,617
473,990,961
+21.0
7,341.501
7,452486
214,541,000
20,993,973
—
Federal Reserve District—Dallas-
Texas—Austin—
10,038,061
98,201,481
86,327,263
1,525,121
26,336,097
6,300,000
6,675,800
Wichita Falls
4,580,103
10,890,877
4,110,836
10,525,989
346,798,604
Total (6 Cities)
11,296,375
2,748,806
13.8
95,284,473
83.832,641
+ 11.8
1,630,166
1,447,126
Oregon—Portland
California—Long Beach
+
1,798,060
+
—
Federal
Reserve
6.2
1,932,238
1,563,091
*.6
7,892,283,898
7,435,917,569
District—Saw
342,477,373
0.1
264,419,000
+
6.6
22.932,760
+
—
6.0
6,662,000
+ 11.4
3,548,731
+
3.5
9,641,358
5,365,000
2,765,108
7,928,987
+
1.3
314,545,350
259,046,554
129,862,970
Pasadena.
+16.4
21,330,283
17,235,257
17,028,450
9.7
19,611,227
11,450,561
—.
7.2
15,091,833
12,057,941
764,555
90
677,010
774,908
45,275,120
43,589,798
3.9
43,092,914
55,413,594
5.1
60,225,976
54,762,865
8,167,622,561
7,673,226,225
8,258,341,326
—
IK
113,008,474
4,179,142
112,975,440
+
49,669,488
+
58,953,561
14,229,230
416,604,386
11,753,155
7,970,884
Total (10 cities)
Grand Total (112 cities)
Outside New York
|Not available.
—«
4,452,820
8,011,612
816,567,619
San Jose
10,414,318
4,471,160
San Francisco
•Estimated.
3,454,287
161,323,652
+
10,637,024
410,508,548
791,932,374
15,417,612,501
15,581,369,351
7,622,593,697
7.530,460,293
8.5
2.0
153,441,311
12,961,989
40,139,085
58,236,794
+
—11.7
4,003,736
158,573,771
60,043,864
15,383,409
——
Stockton
13,089,920
833,120
117.280,214
3,534,886
Santa Barbara
'
Franelsee—
127,265.115
Yakima
Utah—Salt Lake City
-
8,000,909,058
Twelfth
Washington—Seattle—
22,325,099
8,109,698,714
286,909,000
28,062,608
Galveston—
8,295,451
286,551,155
—.
Dallas
2,303,3f8
'
Total (12 cities)
+ 12.5
58,796,000
1,030,993,218
13,659,225
14,025,692
1.
Newark
5,121,818
3,549,793
13,673,699
•
—14.4
w<,
3,408,303
1,909,958
Connecticut—Stamford—
5.6
7.1
—12.7
1,235,597
10,094,715
5,964,576
26,013,519
New Jersey—Montclair
393,746
II,158,923
Fort Worth
30,254,400
.
5.506,726
11.2
+
—
12,161,600
7,795,018,304
.___
;
4,436,435
3,231,928
96,096,318
110,390,416
+
+
6,448,187
1,705,175
1
3,889,059
3,629,152
1,987,478
7,710,914
4,066,542
1
Syracuse.
,
2,073,458
45,738,801
;
Rochester
,
1,921,043
582,160,906
1
New York
:
485,121,689
5.9
1,313,412
Elmira—
\
536,865,569
+
Federal Reserve District—New York—
Jamestown
18,471,014
81,430,781
235,300,000
3,280,684
—.
Louisiana—Shreveport
Buffalo—
!
18,784,618
70,105,564
248,200,000
1,224,876
780,756,751
Nebraska—Fremont
*'
1,874,486
30,630,900
Blnghamton
•
—24.5
14,443,665
Sioux City—.
Illinois—Bloomington
Tenth Federal
•
J
.
1948
1.8
—
487,865,776
11,506,542
_
Total (12 cities)
t
19,334,499
71,263,380
246,600,000
5,287,969
3,873,999
100,413,053
103,103,260
6,569,954
32,912,524
Des Moines
6,963,233,713
1,984,549
6,524,717
i
Hampshire—Manchester
Second
417,751,201
3,740,300
Minneapolis
Dec. %
3,937,627
28,556,612
Connecticut—Hartford
Island—Providence-.:—
456,143,798
78,501,603
—
St. Paul
8,572,901
Worcester
Rhode
3.3
2,833,245
Iowa—Cedar Rapids—+
259,046,554
2,236,098
Springfield-
New Haven
470,525,759
+
5,925,343
Terre Haute
314,545,350
1.2
Inc.
1,516,060
484,413,126
-
New Bedford
;
3,648,502
—
61,304,000
7,553,168
Indianapolis
South Bend
473,990,961
0.7
+
$
4,007,233
River
2.3
208,148,493
65,979,991
4,859,6G8
Lansing
488,047,617
994,838
"™Fall
130,248,026
86,980,086
I,686,255
11,292,844
Grand Rapids
Kansas—Topeka
:__
3,830,470
12,174,000
8.5
—
District—Chicago-
Michigan—Ann Arbor
518,394,763
J
1,414,378
Massachusetts—Boston
+ 11.9
—
905,601,192
First Federal Reserve District—Boston,
2,268,241
10,161,000
127,545,874
9.2
—
719,418,472
Total (10 cities)
375,530,807
3.1
+
—
1949
$
Portland
2,765,959
2,804,700
11,765,000
135,348,552
126,774,978
Louisiana—New Orleans
391,651,709
Week Ended March 18
Maine—Bangor
823,275,098
showihg the figures for each city for the
1950
at—
995,883,252
3,467,062
3,383,164
Mobile—
552,980,697
week ended March 18 for four years:
Clearings
4.7
75,461,545
Mississippi—Vicksburg
1.3
+
791,932,374
statement
—
232,027,206
112,932,652
110,027,866
Alabama—Birmingham
4.2
__
15,531,369,351
detailed
971,285,356
4.3
4,527,088
Macon
Florida—Jacksonville
Total (7 cities)—
We
286,707,115
5.8
14,603,253
Augusta
2.7
—
if
.
352,797,183
229,796,951
75,220,445
264,200,000
Georgia—Atlanta
996,991,744
if
15,417,612,501
New
5,873,904
—10.0
472,130
Tennessee—Knoxville
7.3
i<
Total
Outside
•
5,014,724
6,134,583
360,137,885
Sixth Federal Reserve
District—Atlanta-
0.6
+
«•
M
—
33,590,500
8.6
417,751,201
3.0
M
1,030,993,218
823,275,093
3.3
—
II
8th St. Louis
2.0
+
$
0.2
+
M
9th
Minneapolis
+
1947
M
—
3,025,864
933,000,000
2,853,105
4,820,388
2,374,876
5,087,365
11,384,836
7,277,896
(6 cities).
Rockford
1948
or
ft
Richmond
6th
1949
$
12
+ 10.4
7,153,368
2.1
—
37,313,000
454,807,597
Columbia—Washington
Total (17 cities).
929,349,177
York—
4,410,459
—
CLEARINGS
582,160,906
cities
4th
5th
OF BANK
1950
Reserve Districts
New
193,240,844
297,657,897
28,487,900
4,276,491
3,741,066
219,825,314
92,049,547
Peoria
by Federal Reserve Districts:
summary
•
Federal
7,030,947
199,798,982
391,304,928
2,545,629
13,162,000
'
1st Boston
7,192,352
0.3
the cities
group
located and from this
smaller by 4.7% and in the Richmond Reserve
District
are
District has to its credit
trict the totals
are
gaih of 1.2% the
a
(including this city) the tbtals suffer
but in the Atlanta Reserve District the
totals
a
the aggregate of
but in the Boston Reserve District the totals show
of 0.2% and in the
3.2
7,257.387
123,784,041
Nashville
cases
Outside of this city there was
that in the New York District
appears
decline of 1.8%
+
4,573,636
11,345,086
7.1
194,410,602
360,602,655
+15.0
according to the Federal Reserve Districts in which
they
it
971,502,991
0.6
+ 15.1
—
2,732,034
5,945,664
2,307,318
District—Richmond
Virginia—Huntington
Carolina—Charleston
Maryland—Baltimore
—10.0
last day of the week in all
For that week
same
1,053,583,610
929,349,177
South
774,283,803
clearings for the whole country having amounted
369,351 in the
0.6
+
2,581, 876
324,280,268
Virginia—Norfolk
detailed statement,
however, which we present further below
give final and complete results of the week
previous — the week
ending March 18.
5,916,693
+
details for the week covered by the
foregoing will appear
Saturday and the Saturday figures
are
6,944,459
1,002,917,211
8.2
7,765,986
(7 cities).
Fifth Federal Reserve
In the elaborate
we
8.5
+
.
Richmond.:
Accordingly, in the above the
i
+
0.5
3.0
24.5
+
$15,283,431,615 $13,291,153,748
issue of next week.
our
7,305 ,701
;— 1.2
173,662,177
1.4
Total
exact
4,814, 266
14,436, 575
+
193,827,948
353,056,542
38,061,100
Pennsylvania—Pittsburgh.
District of
Complete and
3,409,278
1,013.000,000
1,068,951
1,112,338
859,475
5,200, 130
Youngstown
H 11.2
696,471,259
3.7
+
—
3,010, 718
4,870,619
Mansfield
$14,586,960,356 $12,516,869,945
Total all cities for week
1,217,573
7,486,714
$9,976,268,405
All cities, one day-
998,252
7.1
Reserve District—Cleveland—
,
2,888,232,240
cities, five days
1,115,310
6.4
1,008,654,907
cities)
$11,698,728,116
Other cities, five days—.
+
—
7,927,280
Cincinnati
4
Ten cities five
(11
1.7
314,552,775
Baltimore
4.3
—
1,123 116
3,159 941
Jersey—Trenton—
1.3
216,186,494
Cleveland
1,134, 423
1,150, 065
5,539,073
£*•
300,575,000
$
13,416,443
Columbus
349,786,079
i
1947
959,000, 000
Yprk
Cleveland
334,261,000
Pittsburgh
$
5.626,651
2,596,981
Scranton
5.2
—
1948
964,000,000
2,921,805
Philadelphia
Reading
+
281,600,000
I
or
Dec. %
3,277,591
Ohio—Canton
:+i9.i
263,359,441
276,900,000
_____
San Francisco
1,085,605
Lancaster
Fourth
30.4
935,000,000
485,779,571
Boston
Inc.
%
+ 20.2
•
532,947,652
$
1,194,993
1,068,485
Bethlehem
Chester
Total
1950
1949
District—Philadelphia-
Delaware—Wilmington.
.
Clearings—Return by Telegraph
Week Ended March 25—
Reserve
Pennsylvania— Altoona.
New
Kansas
Federal
Wilkes-Barre
gain for the week ended Friday of 20.2%.
a
summary for the week follows:
Week Ended March
18
1950
$
increase
an
39
1.9
60,135,193
8.1
10,243,118
+ 21.8
7,819,133
7,221,264
1.5
451,532,679
+ 12.9
10,649,410
0.4
4,356,355
405,000,996
9,613,564
3,548,186
8,031,472
+
+
9,399,062
0.5
9,191,421
3.1
848,568,418
722,647,088
—
0.7
14,399,151,282
+
1.2
15,577,745,343
7,685,461,445
—
+
6,963,233,713
COMMERCIAL
THE
(1296)
40
Monday, March 27, 1950
CHRONICLE
FINANCIAL
&
PARTIAL
below a record for the
give
MARCH
1950
17.
Noon
.297773*
.297778*
,206949*
—■—
Special
pound
Australia,
franc
Belgium,
.206949*
,208949*
,1745623
.174562*
.174562*
,138953'-
.138958*
.133953*
Clo .ed
2.231573
1
,
.174562*
1st
r'
.138958*
.0199500
.0199825
.0199583
.0544060
.0544060
,0544063
.0544000
.0544060
.909090
.909090
.903090
.903125
.903125
.903750
.903203
.208500
.208500
.208500
.208500
.0200600
.0200600
.0200600
.0290600
.0200600
.144938*
.144938*
.144938*
.144938*
.144938*
.002862-5
.0028625
.0028625
.0028615
.0028825
.208700
.208700
,208700
.203700
.208700
.115718
.115711
.262686
.262722
.26266.
.26270)
2.772896
2.772896
--
(Metropolitan), franc
India, Dominion of. rupee _
peso
—
—
.115700
—•
.
Netherlands, guilder
New Zealand, pound
*
dollar
krona
Switzerland, franc
Uaion of South Africa,
United Kingdom, pound
.496125
.496125
.496125
.0345541
.0345678
,327291
.327291
.327291
.193329*
.193329*
.193329*
.193329*
.232550
.232650
.232716
.232750
.232300
2.783750
2.783750
2.783750
2.783750
2.800742
2.800742
2.300742
2.800742
Closed
2.800703
.658327*t
peso
.658327*t
.561797*1
**
Gas
,561797*f
*«
Cities
of tho 12 Federal
Reserve Banks Combined
Increase ( +) or
F.
for
fund
Redemption
Demand
Total
advances———
and
Discounts
•
loans
Industrial
2.630
-—
—
115,547
—
181
+
Govt, securities:
U. 8.
3.816 875
5 848.550
-
Certificates
Notes
Bonds
—*
>—
—
-
and securities—
+
17.762.466
Total
loans
notes
Uncollected
Bank
Other
33
111.991
2,752.681
34.476
110,643
foreign banks.
of other banks...
from
R.
F,
items
—
...
premises
assets
—
deposits
Demand
in
$209,000,000
City
York
New
Borrowings decreased $88,000,000
1.011.650
—4,507,237
3,029
—
+
+
95
+
+
3,475
summary
—
Mar. 15,
3eposits:
41,724
U,
S.
Treasurer
Foreign
802.607
acct.
758,739
749.515
:
—
15,968 560
839,250
40,453
acct.
bank—reserve
gen.
__—
Other
299.732
—
—
—
—
572
+
159
25,029
+
161
+
91
521.213
—
17.866,281
items...
2.478,864
incl. accrued divs.
12.020
liab.,
Dther
—
327,327
■
brokers
to
Loans
672.811
+
U,
Government
S.
Total liabilities
...
—
for
38.352
Real
Other
loans
S.
+
918
+
paid in
(Section 7)
Burplus
(Section 13b»
Other capital accounts
214.934
488.173
27.543
163.560
...
44.107.521
accts.
Total liabilities & cap.
+
63
+
•
,
10,713
+
Government
141
+
+
4.498
36.877
securities—Total
indebtedness
21,462
Treasury
4-
+
24",362
certificates
of
4.856
5,581
Other
608,283
—4,553.301
Cash
5.326
securities
Reserve
—
in
with
+
—
—
12,438
Federal Reserve Banks-
of
2.463
serves,
note
certificate re¬
to deposit and F. R.
gold
56.6%
liabilities combined....
+
0.3%
+
purchased for foreign
correspondents ...
Commitments to make indus¬
trial
47.236
7,317
Government
S.
2,504
9.676
1
949
1049
May
1
951
Apr
l
952
952
stock__:
stock,
series
A
Corp.—
bonds,
5%
mortgage
this
in
series
A
—
933
issue.
payments shown below
+
Share
—^
(increased quar.)—__
2c
4-
1
3-25
3c
4-
1
3-25
Corp.
Petroleum
—
Fuel
Mills
Iron
Extra
154
Fire
Insurance
3-17
4-15
3-15
3-22
3-15
(Pittsburgh)-
25c
3-30
3-20
5c
3-30
3-20
4-15
—_
1.2C6
Co.
—i—
pfd.
( quar.)
Inc., corn,
(quar.)
Sugar,
Filter
5%
12 »/2 c
5-
1
—
25c
4-
5
—
$7 preferred (quar.)
Asphalt Roof Corp. (quar
American
Book
Co,
$1.75
4-
5
3-21
4-15
3-31
Co.
American
Fidelity
&
27
American
Home
358
American
Natural
+
-r-
53
1
+
380
+
5'a%
136
American
+
295
20
—
—
+
Products
Gas
4.570
1,050
968
2,168
3
231
$5
Zinc,
preferred
Company,
&
Cable
Natural
Atlanta
1,054
+
315
Atlantic
City
+
530
Atlantic
Steel
71
147
—
148
426
3-29
3-31
3-20
3-31
3-20
1
4-
6
4-18
4-
6
10c
4-10
3-30
1
4-11
5-
Co.—
15614 c
Corp.,
5-
4-
4
4-
4
30c
$1.20 conv.
3-22
4-
1,
3-15
4-
50c
(quar.)
1
3-24
3-21
1
3-15
5-
1
4-20
5c
4-
1
3-21
5c
4-
1
3-21
4-
1
3-21
5c
4-
1
3-21
37»/2c
4-
1
3-21
$1.12 y2
4-
1
4-15
50c
4-
1
3-25
15c
-
4-
30c
:
—
3-31
$2
(quar.)
Cc._
&
1
$2 50
(accum.)_
4-
20c
pfd.
(irreg.)
4-28
4-28
50c
common——
5c
Sewerage
Nichols
Automobile
4-14
50c
(reduced)
Laundries, $2.50 2nd
+
4
—
4-14
1
$1.25
.
Co.—
Electric Co.
Hegeman
433
Austin,
1
4-19
30c
525
874
55-
3
,
—
+
+
4-14
12V2c
(quar.),.
common
Inc.
Gas
1
3-21
15c
—
Smelting—
Ang'o-Canadian Telephone
4 Mi %
preferred (quar.)
+
349
&
(quar.)-—
Wire
3-31
5-
3Cc
—
4-10
13 %c
(Del.)
Holly,
Anaconda
A
monthly)
(quar.)
Lead
Angerman
Arkansas
i
4-
10c
common——_
1
4-15
37V2C
Corp.
4-
15c
(quar.
1
15c
(quar.)——
preferred
4-20
5-
25c
(quar,)___—
Co.,
3-21
$1
(quar.)
Casualty
Spring of
381
'
iVt.)
American
3,765
+
+
Body
Seal-Kap Corp
+
—
&r
American
672
—
882
785
preferred
+
370
—
6%
139
25c
(quar.).
Fidelity
466
8
3-31
50c
—
———
Air
4-
20c
25c
■—
American
4-25
,_rj
(quar.>——
—
4-14
25c
(q.tar.)___
&
Holiert
Payable of Rec.
1
+
9
Borrowings
Debits to demand deposit accounts, except
interbank
and
U.
S.
Govt,
accounts,
announced
When
5-
Coach
—
414
+
—
+
were
50c
+
20
1,272
Foreign banks
15
Mar 31
950
Attleboro Gas Light
banks
Domestic
1,347
87
1,176
loans
2,577
82
deposits,
U.
1149
Apr
1961_Apr
1049
48
17
15.430
except Government
deposits...
Interbank demand deposits:
Time
1978
7
Arrow-Hart
5.7%
ances
1043
Mar 31
Allemania
237
Liabilities-
Contingent liability on accept¬
1
Apr
Class
Ratio
1147
1956_May
bds., ser. A, due
preferred stock
4 7*
preference
Co.,
American
+
27
+
743
vault—.....
1
860
due
Albers Super Markets—
4,496
284
4
101
148
—.—
1047
Hiram
and
debs.,
due
series,
Service
Water
American
24.046
5.660
—
66
2.394
Surplus
+
.
27
465
loans
banks
1
Co.—
3%
1st preferred
Chemical
York
Alabama
_
4.442
securities
estate
to
U
—
—
Other
4.817
23A%
convertible
Amalgamated
523
purchasing or carrying:
Government obligations—
S.
&
American
Capital Accounts—
Capital
4V« %
Alabama
pur¬
obligations
947
Jun
.
1914
Worts, Ltd.,
20-year
mtge.
1st
Air Reduction Co,
for
loans
U.
—4.609.833
614.011
dealers
securities
Other
Loans
43.213.311
and
1
dated
Extra
agricultural
and
1936
Name of Company
chasing or carrying:
189.324
—
6
+
industrial,
Commercial,
—4,122 110
229,508
bonds,
Co.,
Co.,
dated
Per
1949
+
131 304
135,963
Inc.,
Sons,
mortgage
Aberdeen
1950
66.855
Investments—Total.
'
deposits
3eferred availability
750
May
1963
DIVIDENDS
(in millions of dollars)
24,652
Loans and
Other
Total
1
Co.—
bonds,
The dividend
Mar. 16,
1950
—3.391.779
■
Member
556
Apr.
1958
bonds ser. G 3 Vi %, due 1966-May
mtge.
Hotel
•Announcement
or
Mar. 8,
Loans—gross
—
57.182
22.856,146
notes
1
Service Co. of Colorado, 4.40%
preferred stock-Apr 24
Baking Co.—
5'/2% 25-year debentures (subordinated), due 1970—Apr
1
Dec. (—> Since
2,303
—4,553,301
603.238
&
Adams-Miilis
Inc. < + )
13.883
Reserve
946
Apr
due 2019
Ward
of the assets and liabilities of reporting
8
Liabilities—
Federal
15
Public
member banks follows:
.
"
—
948
Apr
—May
during the current week.
8 221
69.5
bonds,
Walker-Gooderham
1st
$147,000,000 at all reporting member banks.
16
1,
in New York City,
—4,101,737
452.487
44.107.521
—
945
1
Apr
$50,000,000 in the
and
217,849
102.321
Nov,
Chicago District.
Loans—net
assets
Pag*
1
Pennsylvania Power & Light Co.—
2% s. f. debentures, due 1965—
to domestic banks increased
deposits credited
ref.
mortgage
Electric
New
nearly all districts.
in
increased
Assets-
Total
938
CALLED
Co.—
and
Monsanto
$32,000,000 in the San Francisco District, and a total of
+
1187
1
Inc.—
income
Maytag Co., $6
United States
—2.929,250
—
Due
1st
City, $149,000,000 in the San Francisco Dis¬
Government
1,
Houston Lighting & Power
in
$206,000,000
amounts in most of the other districts.
er
A
—-
increased
April
due
debentures,
Edison
Walker
Chicago District outside of Chicago, and by small¬
in the
783.219
—
■
17.573,325
U. S. Govt,
1
Apr
income bonds,
due
Apartments,
1st
Iowa
86.600
__
—
securities,
Total
1.914
+
94.500
1.379.200
6.528.700
——
-
—-
46,604
407 414
—1.400.913
36.749
—
Bills
21,310
—
6,170
+
80.310
—
53,909
23.047.947
237,284
136.461
gold ctf. reserves
cash
Other
1967.Apr
due
Co.—
mortgage
Hiram
trict, $60,000,000 in the Kansas City District, $50,000,000
59 000
+
3,909
—
532.511
adjusted
deposits
New York
*
t
R.
notes
987
987
Date
mortgage 4V2%
gold
Maltlne
1949
50,000
—
1
1
series,
Co.
gold debentures,
6*,
Mar. 23,
15,
1950
*
1967__Apr
series, due 1966—Apr
3%
collat trust bds., 234% ser., due
3l/*% 1st mortgage bonds, due 1960
Haouug., Square
of indebtedness decreased $53,000,000.
cates
22,515,430
Co.—
bonds,
line
5%
redemption for a new note issue. Holdings of
Treasury bills increased $173,000,000 in New York City,
$66,000,000 in the San Francisco District, $63,000,000 in
the Chicago District, and a total of $370,000,000 at all
reporting member banks.
Holdings of Treasury certifi¬
decrease I—) since
certificates
952
1
Corp.—
Service
2nd
Statement of Condition
Assets—
952
Apr
1970
Rock Island & Pacific RR.—
General
Gold
pipe
5%
Detroit
Mar.
due
Creosoting
General
called for
1950
bonds,
pipe line bonds, 2%%
Te.ephone
Chicago,
of merchandise.
Mar. 22,
951
Mar 31
Co., 7% preferred stock
of Canada—
1st mortgage 5%
bonds, series C
Brantford Cordage Co., Ltd., 1st preferred stock
* #
.425531*1"
.425531*1
.425531-* t
thousands of dollars)
1050
1
I960—Apr
Company and Issue—
American
Delaware
(in
951
1
inc. bonds, series A, due 1964-Apr
mtge. and
Corp.,
Bell
*<!
**
%658327*t
.561797*t
tAppllcation depends upon type
949
& Navigation Co.—
ENTIRE ISSUE
—
•Nominal,
4 %,%
.0345673
.327291
2.783750
-
943
Fower Co.—
.140151*
.140154*
.140154*
1st
.193329*
—
due
15-yr.
Transmission
Ga£
mortgage
York
.0345735
-------
peso
,.Apr
bonds, sferies A, due
preferred stock
2%%
1st mortgage
.115718
.115710
.496125
•
peso
1184
RR.
4y»%
Co.,
Tennessee
United
.327291
pound
sterling
1970——
.—Apr
1
debs., due 1962_Apr
1
debs., due 1960
Apr 14
bonds,
mtge. 5%
mortgage
1st
.140154*
--
—
1143
Corp.,
Joseph Light &
1st
.496125
s~—•-— —
—
—
Bweden.
Uruguay,
.208500
.0345857
krone
Uruguay,
2.772896
Milk
Pet
St.
.140154*
Portugal, escudo
Uruguay.
•
Closed
2.772896
Philippine Islands, peso
Straits Settlements,
'.
.262666
-—
—
l
Co.—
2.772896
•—
Denmark, krone
Norway,
Oil
&
Gas
and gen.
1st
.999090
.903750
Free
France
1146
C
and
Refunding mortgage 3%
.909090
Official
Ceylon, rupee —
Czechoslovakia, koruna
101
1
1
3'/a%
mortgage
Oregon-Washington
Canada, dollar—
1
B
A,
Vulcanized Fibie Co., 4 Va %
Northern Indiana Transit, Inc.—
Brazil, cruzeiro
Mexico,
Inc..
Bros.,
National
.0199500
—~
Apr
series "A" bonds, due 1965 Apr
$2.50 convertible preferred stock-Apr
series
mtge. 33'4%
National
2 231573
2.231573
2.231573
2.231573
946
1042
1979
sinking fund debentures, due 1960
Indiana Gas & Water Co.,
Inc.—
.0199750
—
1
2%, due
3%',i
.206949*
.206949*
.174562*
.297773*
1042
1
Harris-Seybold-Potter
,138958s
"A"
"B"
Preferential
Goldblatt
$
$
.297773*
114
1
Co.—
Power
gen.
1141
1
Apr
bonds,
mortgage
1st and
Mar. 23
Mar. 22
Mar. 21
$
.297773*
$
$
Preferential
1st
Money
Mar, 20
Mar. 13
Mar. 17
1141
Co.—
mtge bonds, series R
Union Terminals Co.
Connecticut
Argentina, peso—
Basic
United States
Value in
...
gen.
Cleveland
Buying Rate for Cable Transfers in. New York
Power
Maine
and
1st
Unit
Apr 15
Apr 15
_
Corp.—
sinking fund debentures, due 1958
Apr
Cambridge Electric Light Co.—
25-year 2%% notes, serie; A. due 1974__
Apr
Celanese Corp. of America, 3%
debentures, due 1965__Apr
Central
Country and Monetary
Pagl
10-year 3%
1950, INCLUSIVE
TO MARCH 23.
debentures, due 1962
20-year 3%
TREASURY UNDER TARIFF ACT OF 1930
CERTIFIED BY FEDERAL RESERVE BANK TO
Date
Co.—
25-year 3% debentures, due 1969
Ampai-American Palestine Trading
world. We
week just passed:
RATES
EXCHANGE
FOREIGN
buying rate for cable transfers on the different countries of the
of the Treasury the
Tobacco
American
1930, the Federal Reserve Bank certifies daily
requirements of Section 522 of the Tariff Act of
Pursuant to the
to the Secretary
REDEMPTION
Company and Issue—
Foreign Exchange Rates
4-29
4-10
1
3-24
Co.—
prior pref.
Banking
(quar.),
Corp.,
(quar.)
com.
—
Condition Statement of Member Banks
weekly reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
ended March 15: Increases of $414,000,000 in holdings of
United States Government securities, $380,000,000 in re¬
The
serve
condition statement of
balances with Federal Reserve
Banks, $295,000,000
domestic banks, $525,000,000 in demand
in balances with
United States Govern¬
deposits, and $349,000,000 in demand deposits cred¬
deposits adjusted, $433,000,000 in
ment
ited to domestic banks,
Commercial,
industrial,
creased $35,000,000
Chicago District,
and
a
•
and
agricultural
loans
in¬
during week
total of $91,000,000 at all
Holdings of Treasury notes
reporting member banks.
increased $882,000,000 and
decreased
$785,000,000, partially reflecting the exchange of bonds
holdings of United States Government bonds
Class
A
SI.50
:
;
(quar.)
,U.
Extra
22,610
...
preferred
Badaer
Redemption Galls and Sinking Fund
Locomotive
Bankers
Commercial
bonds, notes,
common
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
OF
—
i
RR.—
1st and ref. mortgage 4y2% bonds, due 1961
Buffalo & Susquehanna RR. Corp.—
1st mortgage 4%
bonds, due 1963—
Central Violeta Sugar Co., S. A., capital stockHeller (Walter E.) & Co., 572% preferred
Innes,
Beaux-Arts
$6
Belt
67r
Ltd.,
Corporation
Baystate
1st
Pag*
preferred
preferred
Ben-Hur
$1.75
Apr 12
554
*
♦
preferred
Securities
557
Co.
Ltd.,
Boston
Edison" Co.
Personal
Green
G%
preferred
.
—
(quar.)_
(quar.)
(quar.)
(quar.)
1
4-20
5-
1
4-20
4-
1
3-21
4-
1
3-21
Fund
—
25c
4-15
3-27
1
3-23
HOc
4-15
3-31
t25c
4-15
3-31
1
3-16
40c
37y>c
4-
4-
4-17
4-
3
70c
5-
1
4-10
25c
4-20
3-31
(quar.)
10c
3-23
3-16
(quar.)—
40c
4-15
3-31
}$1.50
5- 1
4-15
Property Trust
Columbia
4-15
5-
87V2C
-
Corp.
Bridgeport Hydraulic
Brhish
(quar.)
common
Insurance Co.
W.)
1
75c
;
(accum.)-
(quar )
(George
Bowling
•_
5-
EOc
(quar.)_
com.
4-12
40c
Inc.—
Hats,
A
Co.,
3-27
1
$1.50
1
4-14
5-
75c
%
(quar.)—
(quar.)
Eessemer
Eorg
pfd.
4-
+50c
(s-a)
(quar,
Products.
prior
5c
A
$3
Stockvards
Boston
Valley
$1.50
(quar.)—
Aoartments,
Railroad
Class
Date
N. Y.)—
(quar.)
class
&
Birmingham Fire
TENDER
Company and Issue—
Aroostook
Corp.
(quar )__
(reduced)
(quar,)—.—
Biltrnore
in the "Chronicle."
NOTICES
preferred
Works
(quar.),
Stores
Bartgis Brothers Co.
stocks called for redemption,
including those called under sinking fund provisions.
and
preferred
Hardware
„
-
Bates
Below will be found a list of corporate
preferred
•:
(quar.)_._
Baldwin
6%
Notices
Paint
-
-
Avondalc Mills, $4 50
in New York City, $18,000,000 in the
$11,000,000 in the Cleveland District,
Extra
—
Telephone, Ltd.—
(quar.)
Volume
171
Number 4893
THE
Per
Name of Company
<
Brown
1
Rubber
share
Budget
Co.,
lor
each
'
.
.
Inc.
Share
>
heid___'_
B
2
com.
preierred
i
common
-
Fire
Insurance
Corp.,
Associates
preferred
National
Chemical
3-28
1
5-
3
6-
1
5-
3
Common
6',o
in
Co.
Bank
(quar.)
(N.
A
Mutual,
5-
1
4-10
■investors
Trust
5-
$2.50
3-27
4-10
4-29
4-
7
4-29
4-
7
50c
3-31
3-29
Y.)
tquar.t
3-20
Extra
40c
.
5c
_
(quar.)
Loan
5-
1
3*
4-
4-15
3-31
1
50c
5-15
5-
15c
5-
$1.12',2
4-
3.60%
(St. Louis)
Co.
Corp.
Credit Co.
(Being
demption
share
5
were
Concord
3.60%
,
pfd. iquar.)__
called for re¬
entirely
being
previously
(New
prior
to
$2.50
Kalm
1
3-14
4-
1
3-18
4-
1
3-18
90c
3-31
3-
1
Roi
4-14
CO
I
Lip ton
__
1
3-23
5-
1
4-17
25c
4-
1
3-24
4-
1
$3.50
3
21
$1
iquar.)__
5-15
4-17
90c
4-25
3-31
4-15
3-31
3-31
3-20
3-31
4-
Rubber
A
A
Co.,
common
„
1
Dodge
&
Cox
4-15
4-
4-10
4-10
3-31
5c
4-il
3-.ll
4-15.
3-31
Co.,
Inc
i
10c
Co
50c
interest
iquar.)
20c
Co.,
Ltd. class A
iquar.)______
&
(ouar.)__
participating
Participating
Factor (Max) Co.
6%
(s-a),
____
Co.,
preferred
iquar.)
(quar.)
Street
Ltd.,
of
preferred
Froeutert Groin
4%
B.)
Si
Lor/eh
$1.50
,
pfd.
San
7
4-17
3-31
4-20
4-
225c
4-30
4-15
4-15
4-
$1.25
5
55c
I2'/2c
5-
1
1
4-14
4-2")
4-14
1
3-23
4-
7'/2c
1st
iquar.),
(quar.)
Inc.,
common
(quar.)
3-23
$1
4-
1
3-29
4-
1
3-29
4-
1
3-20
4-
1
3-20
25c
4-25
4-10
$1.12'/2
(quar.)______
Industry
3
50c
(quar.)—
4-
$1
pid.
4-25
Macy
1
3-15
3-31
3 30
$1.25
75c
4-
Mahoning
Fire
Hartford
&
Haverhill
The
Gas
ofd.
(quar.)
(quar.)
(quar.)
4-
3-31
3-23
4-
1
3-25
3-30
3-21
4-i
3-24
4-
3-31
3:29
30c
4-
1
7-
1"
6-22
3-21
3-22
St.
$1.0614
5-1
4-3
4-
1
3-31
6-
1
5-15
Common
fl5c
UOc
$1
3-31
1
3-24
1
3-84
1
4-12
5-
1
4-12
5-24
Light
&
4.56%
(John)
3-31
1
1
4-
1
States
02Vi>c
$1.75
4-
1
(quar.)
50c
3-31
3-31
(quar.)
$1.12"2
1
45c
4-
1
40c
4-29
4-
8
933/4C
(quar.)
common
5-
preferred (quar..)
4-29
4-
8
3-24
Hendershot
Paper
—
3-30
3-24
3-31
3-24
?_il
3-20
4-15
3-31
6-15
5-31
4-
1
4-15
iquar.)
vtc.
iquar.)—
1
6%
3-20
3-10
Tcrre
5-
1
4-15
5%
4-
1
3-20
Time
4-
1
Ltd.
6-
1
5-23
United-Carr
3-27
4-20
4-
50c
12V2c
3-31
3-20
4-29
4-
1
31
One
Class
Corp.
Shops
A
(Del.)
6214c
C2viC
3-31
4-20
3-31
4-15
3-31
U.
6-
1
5-15
5-
1
4-11*
4-15
3-31
4-15
3-31
4-
1
of
the
3-24*
S.
4c
Vertientes-Camaguey
Common
5%
(quar.)
225c
preferred (s-a)
£$2.50
Hendey Machine, $2 class A
iquar.)
Hoe
Race
(R.)
Hoffman
&
series
stock
series.,
common
4-26
4-22
4-22
West
4-26
4-22
West
4c_
4-26
4-22
Weh
4-26
4-22
7%-
4-23
4-22
4-26
4-22
4-26
4-22
Radio
New common
Hook
Drugs
Loan
3-24
Extra
Western
4-22
White
2c
4-22
Whiting
which
class
A
iquar. l„_
6-
1
5-17
3-31
3-25
$1
4-15
3-31
25c
l
5-31
31c
5%
4-20
4-15
3-31
3-21
5%
1
3-21
4-20
4-15
Retail
New
York
groups
shares
trade
Co.
preferred
iquar.)_
$2
12'2c
4-
waukee)
National
Stock
Co.
iN.
Y.i—
Insurance
Co.
1
Illinois
Be l
Telephone Co
$1.75
3-31
3-27
27V2C
2-29
2-21
Winn
5-15
4-29
5-15
4-29
5-15
3-31
3-31
3-24
3-31
dividend
Oklahoma
5V4%
Gas
&
3
3-20
preferred (quar.)
4%
pfd.
(quar.)_
.
—
is-a)
4-14
4- 3
—_
3-10
5-1
3-31
5- 1
4- 1
4- 4
3-22
4-15
3-25
10c
50c
5%
20c
30c
Sl.OO'A
75c
pfd.
Ctock
Grocery
of
>
*
$5
common
<quar.)__
dividend)
per)
to
he
ino
4-
1
3-25
$1.25
5- 1
4-14
5- 1
3-31
5- 1
4-15
4- 1
4- 1
4- 1
5- 1
4-14
3-20
4-19
4- 1
3-27
3-27
3-27
4-20
-—
iquar.)
com.
5(c
25c
171/2c
20c
50c<
31'Ac'
— _>
(stock dividend).
Chocolate
exchenged
par)
4-
for
Yellow
Young
Cab
shares
3
effect
to
67"
conv.
4-27
4-10
4-
6
•Transfer
3-31
tPayable
books
resident
4-15
3-31
a
4-20
3-31
xLess
Less
In
not
tax
common
3-15
15%;
iquar.)
com.
—
closed
for
this
15%
funds, tax
resident tax 7%.
income
tax.
income
4-17
4- 3
4-30
4-20
75c
$1.75
(quar.)
25c
37'Ac
iquer.)_
FVinds, less
Jamaica
'SI
split
Co.
Canadian
British
30%
of
1
pid.
(J. S.) Company,
preferred iquar.)
tPayable in U. S.
25c
18c
20c
$1.21 V*
for
3
Machine
Yates-American
7%
60%
Electric,
(quar.)
Corp.. class A
Mfg.
Inc.,
Lovett
share
4-10
$1.25
3-20
Ogden
Corporation—
liquidating distribution-.^—
Oglethorpe Fund, Ire
—______
3- 9
4-20
4-29
3-31
&
Each
4-29
5-15
lc
Mil¬
(quar.)
2nd
Imperial Tobacco Co. of Great Brit k Ireland
American dep. icts. for ord. rcg. (final)
Stores,
4-29
$1
iquar.)_„
(quar.)
preferred <quar.)._
preferred fquar.)
4-20
3c
5-
3-21
3- 9
Telephone Co., com. iquar.)
Dental
S.)
5-15
5c
5-15
3-30
3-31
— —
Corp.
5-15
$1.25
—
—
shares—
Telephone
Northwestern
(S.
Wilbur-Suchard
$2
—
shares
5-22
*
6
3-/1
100%
<quar.)_——
Massachusetts Cos. iquar.
4-29
3c
series
equipment
iquar.)
preferred
8c
Niagara Fire Insurance
Corp.—
(initial quar.)
(quar.)
Company,
Railroad
1
3-28
4- 7
50c
:
11c
series
series
6-
Co.—
Insurance
preferred
5-15
6c
>—
pfd.
$5
$4.25
go
6%
series
Railroad
Company,
Western Light &
Wieboldt
the regular
5-4-21
4-15
4-25
4-25
25c
...
4-22
series
5- 1
3-27
3-27
3-22
4-14
50%
Commonwealth
Western
4-26
those
1
4-15
— -
prior
4-26
Selected
3-27
6-10
$2
1—
Hardart Biking (New Jersey) (quar.)
Horn
Hub
$4
1
2-30
50c
—
Kentucky Coal Co. iquar.)
Michigan Steel Foundry, com.
4-26
April 29:
4-
1
dividend
Stock
3c
2c
The following are estimates of
4- 1
4- 1
4-11
5- 1
5-10
5-10
—
Coast Life
2c
——
3-30
4-11
37V2c
$1.12*2
$1.05V4
dividend
Chemical shares
shares
3 30
5- 1
5- 1
Waterbury-Farrell Foundry & Machine—
4-22
Retail trade shares—,
50c
iquar.) —
4-26
—
^
5-15
Cuba-
iquar.)—
—.—2c
stock
of
•
preferred
shares
Stock
(s-a).
Co.
prefericd
shares
Freferred
Sugar
$4.25
Building
3-24
25c
Ccurse
Co.,
4-
1
50c
r
Heywood-Wakefield Co, common
5% prererred B (quar.),
Hialeah
4-
RR.
$4.50
2c
i—
Balanced
3
40c
$3
Quarterly
5c
2c
—•—
3-20
3-20
5- 2
75c
(initial quar.)
com.
Less
Cuban
withholding tax of 5 8%
Washington Gas Light Co., com. iquar.)__._
4c'
series
series
on
new
Joints—
Massachusetts
&
Wcatberhead
4-26
1
62V2c
Enterprises
Extra
2c
series
distributions
Co.,
Universal
d.
4- 3
1
15c
Co., ccm.^
preferred
p
4- 1
4-
10c
Works $4.25
Dye
Envelope
Stock
will
to shareholders of record April 22:
groups
Piece
Valtar
fiscal
that
amounts
3-31
1
4-
——
(quar.)
Quarterly
approximate
stock
share oe'd
A
Froducts
participating
S.
U.
50c
20c
(quar.)
4- 7
$1.31,A
5-10
4-15
4-20
$1.25
estimates
4- 7
4- 5
3-31
United Transit Co., 5% pfd. (quar,.)
Upper Peninsula Power Co.—
■51/4%
preferred tquar.)
———
5-1
4-30
Funds—
aie
3-15
4-15
17V2c
SS'ic
$1.0~l/4
—
(s-a)
4-3 4
3-30
4-
15c
50c
iquar.)—.
Milk
4-. 1
sc
iquar.l_
$1
class
class
4-6
4-6
3-31
3-30
3-30
3-15
United
5Cc
(quar,)—*
Stoies
&
for each
Co.
3-15
4-10
United
Vermont
—
share
Tool
4-1
1
4-
-5-1
6
$1.50
iquar.)—
& Telegraph
B
4-15
.
5c
(irr*g.)
(stock
dividend)
Fastener
&
4-5
3-31
3-31
3-31
3-31
3-23
7-12
1-
Oil, Tank & Pump
Drill
4- 5
4-15
4-15
4-15
3-24
3-23
;
common
iquar.)
additional
United
4- 5
4-30
4- 1
4- 1
5-1
5-10
fl214c
4-30
4-30
,
$1
(quar.)
preferred (quar.)
Co., common—
preferred
3-20
7-14
7'•
Mfg. Corp.
Ry. Co.,
3-20
3
$1.23
-
non-cum.
Tokbcim
4-15
5
Pacific
&
—
—
&
4-29
1
4-
20c
(quar.)
—
-
Mai eable
Finance
75c
(quar.)
common
Products
Haute
3-15
383/bC
5c
5-15
4-
5c
25c
$1.50
$1
5-.c
-
iquar.)
Fund
3-20
+20c
(initial)
Taunton Gas Lig.it (quar.)
Taylor-Wharton Iron k Steel——
Tecnnica.
$1.0714
Ltd., new com.
(initial)-
preferred
3-31
50c
EOc
t20c
(quar. 1
Electric
3-20
4-
(Boston)
Motors, Inc
Strathmore Paper Co., common
3-20
4-
3-21
40c
pfd
prior
to $0
Co.
of Canada,
preferred
Sterling
1
5J4c
lc
—
(s-a»
following
New
Trust
1
4-2p
(Del as)—
—
Street
6- 1
4-
pid. (<jusi.)'
Quarterly
State
3-20
3-15
4-15
26c
28V2e
1
3-20
1
5-10
3-31
4-
Eoc
1
—
Southwestern Life Insurance Co.
35c
pfd.
(quar.)—.
Manufacture
Low-priced
Products, Ltd.—
Co., cum. vgu-r.
3-31
10c
A
non-cum.
on
Edison
iquar.)
4-10
6%
quar.)
com.
Mills,
Distillers
preferred
ex
—
3-31
6-15
$i,,8o
10c
IV2C
*
334%
40c
iquar.)
3-31
Specialties—
class
conv.
Selected
4-17
1
3-27
Aviation
3-21
4-
1
3-19
Texas
St- ck series
3-21
50c
4-15
4-
4-10
Co.—
Telephone
Motor
Preferred
3-13
3-31
4- 5
12-19
25c
Low-prices bond series
3-15
1
4-15
4-15
-
$1.50
iquar.)
States
Income
3-15
3-20
4-
3-31
4-
q.-*.-./-——
(quar.
California Gas Co., 6
4
4-15
4-15
25c
$1.06'<4
1 quer. )
iirreg. 1
4-
3-22
4-
$1.18A»
inc., mm
4- 4
1
2oc
25c
—__
ymtuvi
•
4
4- 4
20c
22V'2c
—
Delaware
of
California
Southern
Philip Morris)—
Power,
preferred
Trust
3-20
75c
3
4-
Co.—
—
Shirt
3-20
4-_5
—
1-2-51
35c
iquar.i
Rice
Royal
National
3-20
4-
iquar.)
4-2-51
10c
.
514%
Co.,
(see
Co
National
3-28
4-
4-25
4-
Lto.—
9-18
2714c
iquar.)_
Co.___
&
Diablo
Bond
6-7
(quar.)
Mining
pref.
pref.
Sieei Co
(quar.)
(initial
Co.
Radio
Mount
3-30
3-23
4-10
7- 1
4-25
4-23
$1.1214
iquar.)____.
Society,
(Philip)
4-10
Mills,
1
4-25
2
$1.50
IV2C
4-
ttOc
pid. tquar,1
1st pid. iquar.)
iquar.)
v,vmp.my,
Co.
1
$1.40
tsl.06
$50c
tlb3/4C
(accum.)
10-
i
4-
t$1.50
pAd.
Lid., $2
Stahl-Meyer, Inc., $2
iquar.)
Power
be paid
5-10
4- 4
3-23
$1.50
— ——.
Co.
Light
&
Loan
A
4-14
1
1
4-14
—
Southern
3-24
3-31
6-
50c
2c
133/4C
(quar.)
(quar.)
iquar.)
preferred
S2.50
&
Derm
4.48%
5-31
3-21
25c
—
trewng & Mahiag Co. (quar.)
oc
Co.' (liau.ord)—$1.50
Co., eommm (quar.)-.
15c
90c conv. preierred (quar,)__-.
22V2c
Sonoco Products Co. (quar. >
25c
Southdown Sugars
50c
4-15
3-20
3-22
t$8.50
(Pittsburgh)—
Mamuacvuri tg
5-
3-20
1
4-
Aircraft
5-
Storage—
Shipping
Morris
$2
83/4C
10c
pfd.
(quar.)
Co.
Power
National
3-2<>
3 i VaC
G% preferred A ( quar,)
37V2c
Southern Colorrdo Power Co. (quar.)
17',2c
Southern Fire & Casualty Co. (quar.)
10c
Soutncrn Ice Co., $7 preferred
(guar.)—$1.75
Southwestern
Engineering
12c
.
common
Power
preferred
National
3-20
4-10
6-19
iquar.)_.2——
conv.
preferred
Mississippi
$2
3-29
10c
50c
.
—
Cold
Shoe
Muskegon
12VzC
50c
-
—
class A
&
Mid-States
5%
5-15
3
—
5V27c
Ice
conv.
Mountain
4-14
1
3-31
3-29
7-
—
Michigan Bakeries 5V2% conv. p.'d.
Michigan Seamless Tube
Mid-States Equipment Co.—
Mountain
1
6-
50c
Brewing Co.,
Mount
5-
1
12Vac
50c
..
preferred (accum.)_,__,—
Metals Disintegrating Co., Inc.—
4V2%
pieferred iquar.)
Morrell
70c
1
Seattle
Solar
5-
1214c
——
6%
Gass
Sicko'
iquar.)—_
—_
(quar.)
Merchants
Montana
3-24
$1.06Vt
4l/4%
preferred
ot.re,,. 0
Smyth
(quar.),,
Stores,
B
Monroe
4-
10c
McFadden
Mi souri
3-31
17V2c
—
6%
Ltd.,
tarer
Oil
S'nattuck
3-31
(quar.)
preferred
$6
3-15
3-15
iquar.)
Common
3-30
4-20
Nauoiia, otock,ara-.
Seacoard
1
1
(initial)
com.
Co
(Edi
4-
4-25
iquar.)
Common
5
4-
■'
3-22
(quar.)
preferred iquar,)
preferred iquar.)
sna.atr
(quar.)__
4-
1
(quar.)
5%
preferred tquar )._,
Sanger Brotners .tquar,)_„
3-22
35c
20c
;
Aircraft,
4-
75c
—
4-14
4-20
Diego Gas & Electric, tommon tquar.)_
4'.2% preferred (quar.)
1
irreg.)
1
1
4-15
(quar.)
preierred
4-
Tuist—
Co., Ltd., class A
Co.
'-15
5-
6c
(quar.)
preierred
2nd
20c
(quar.)
iquar.)-Stores
1st
j-iouis
25c
(quar.)
7%
$G
Scl-Ai.ter
Inc..
4-17
4-1
$1
San
fc
Moore,
Co.
Lawrence
4%%
Investors
Grain
Class
St.
4-3
1
5-
60c
Brass
Fewer,
2nd
4%%
are
Extra
L'/c
4-10
4-15
5-1
(quar.)_
quar.)___
Co.
Lawrence corp.,
7oc
the first
&
McDonnell
1
lour
represent
These
(Certificates of benelicial interest)
Max Factor & Company, class A
McLellan
St.
3-31
Fund
B
3-24
$12.50
above
3
75c
&
tmikung
t,he issue since Dec. 1931
on
Eond
Massachusetts
Class
3-31
Co.—
siiown
J.)
(N.
common
-
ouuvn
Saguenay
$2.40
Corp., common
preferred
(quar.)
McCabe
Ru,.s
4-21
3-30
Co.,:
4-
2c
3-21
27Vic
(quar.)—
1
4-15
L-tia
1
(irreg.)——80c
4-
62V2c
(,quar.)__
Co
Gas
1
-
pfd. A
Co.
Vvaier
4-14
4-29
10c
Copper
4-
5-
1
7
3
17VaC
(o-a)
Quarterly
Revere
5-
15c
______
5-
$1
prior pxd.
Drug, class A (quar.)
Reliance Grain Co., Ltd. (reaucec!)
1
4-
75c
Reed
$1
iquar.i_„
Mills
67«
7-
1
tic
quar.)
increased
Pump
$1.50
preferred—,,
Maxwell
Manning,
Reda
$5
RR.
paid
Manhattan
Martel
75c
4-
4-17
5-
$1.06V4
tquar.)
Co
Common
Rulane
.
4-29
5-15
t$1.50
4V4% preferred iquar.)
Red Top Brewing, ciass A
Class
B
(quar.)
Rochester
t_.
4-15
f75c
.
Pneumatic Scale Corp., Ltd., ,'/« Did.
Public Service Co. of Colorado—
3-23
30c
„
——
<quar. 1
Corp.
conv.
Railroad
payment
divids.
5-
75e
Light—
Company,
3-24
$1.50
quarterly dividends.
America—
4V2preferred
3-31
4-14
3-25
4-25
75c
Union
Tool
Railroad
Co.
Co., common
preferred (quar.)
of
3-10
preferred-
(accum.)
year-end
$1.25
Machine, 5%
3-20
1
4-15
tune.
(quar.)
Reliance Life Insurance Co.
tnis dividend
& Co., 4'/4%
Coal
p_d.
4-10
19c
Mfg., $7 preferred
Insurance
4
Light Co.—
Light
Central
5%
4-30
25c
common
Gas
Corp.
Maine
The
25c
CooJey
-
(increased
Cordage Co.,
Employees' stuck
Mfg., Inc.—-
H.)
25c
B
Hartford
(R.
25c
Shares
Knitting,
4-
4-10
J50c
Co., Inc.
Industries, Inc
&
6%
Watch
&
non-cum
Extra
Hosiery
H.)
Valve
5'/a%
Monumental
Inc.—
(quar.)
iP.
Hecht
4-15
4-
3-21
25c
iquai,)_____.
preferred (quar.)
8%
1
4-20
3-25
$1
is-a)
preferred
Harris Foundry
Hat
5-
15c
50c
Growth
Hart
3-27
Fran¬
Glatfelter (P. H.) Company, 5% pfd". (quar.)
Manufacturing Co
Goodyear Tire & Rubber Co. of Canada, Ltd.
5m
3-15
$25
(accum.)
is-ai
of
4-29
1
1
35c
Plymouth
5c
(quar.)
Electric
Ludlow
4.30%
pref.
4'%
Company
pref.
Power
Mississippi
4-12
Goodman
Class
3-15
$1.50
(quar.)„
Co.
Corp..
preferred
Har.es
1
5
4-14
(quar. 1
Gimbel Brothers
Grand
4-
4-
3-22
Co.
Plomb
4
7
1
5-
de¬
to
:
Plainfie-d
4-
Care Una)—
(So.
share plus
per
Company—
pfd.
2nd
Art
Gotham
4-15
1
Molting $2.20 pfd. (quar.)
Inc. (quar.)
&
Cable
conv.
4%
30c
4-
$3
3-15
3-15
56',4c
pfd. iquar.)--,
Inc.———-—
Common
33V3%
$1.20
'Mass.)
1
1
4-29
30c
—
$6- preferred
Metz
1
(irreg.)
Extra
$4.50
3-31
4-
1
Industries,
Genera]
Gibson
4-15
20c
Co.
America,
Telegraph
conv.
4-15
1
(quar.)
5%
Mills
6%
3-31
4-25
65c
conv.
(D.
4-75
5-
Insurance
5%
Fuller
3-20
1
4-
Corp.,
Boston
Flour
Frontier
4-
$150
(quar.)
Franklin
4-14
iquar.)
Firestone Tire & Rubber Co
Fleury-Bissell,
4-28
f$l
5c
& Company
Products. Inc.—
preferred
cisco
$25c
$.125
J.)
Fund
3-17
pfd.
Light
prior
Fireman's
6-15
9-15
(see Max Factor Co.)
conv,
Electric
Associates
6-20
9-20
3-31
lc
cl. A.
6%
Walnut
1500
3-15
15c
-
Phonograph Corp
Corp.—
Credit
44-
75c
<onv.
Fund,
tnis
Pciroieum Co.,
15c
(quar.)
Insurance Co.
McFhail-Candy
(monthly)
20c
Fifty
3-20
Ltd.—
Electric
Rsdio
Fibreboard
20c
25c
___
preferred
Sault
(John
3-24
25c
common
_
Felin
3-31
1
20c
Fields
]
Steel
River
H)
at
not
Pittsburgh Brewing Co., $2.50 pfd.
Co
Y.)
(N.
Common
Electrographic Corp. (stock dividend)
Subject to approval of stockholders April 4
Fall
3-31
4-25
___
Oil
Fairbanks
4-10
50c
Electro Refractories & Alloys Coip.—
5% preferred
Equitable
4-10
4-25
4-10
Fund-
partic.
Emerson
4-25
50c
25c
...
Donnell & Mudge,
Eastern Bekeries,
Edison
5
___
Crucible
Common
4%
4-
(increased)_____
Quarterly
Quarterly
Edgewater
4-15
Co
Certificates of beneficial
Dominguez
5
5
Co.
Mig.
Products
Joseph)
44-
25c
&
Products
Dixie-Home Stores
Dixon
__
Lines
Steel
4-20
4-15
2c
__
___
Refining
Gasket
25c
50c
1 ^,c
quar.)__,
<quar.)__,
iquar.),-
&
RR.—
1
4-
preferred (quar.)_,
5c
-
$20
Louisiana
3
93a,4c
(increased
com.
pieferred
Oil
iquar.)
iquar.)
Corporation,
Dictograph
Eiectric
Co.
(Thomas J.) Inc.,
at
3-20
4-15
iquar.)
iquar.)
(Toronto)
com.
Pioneer
25c
Longines-Wittnauer
4-
$1.50
Co.,
4%
3-20
Co
Brothers, 6% preferred
Lockwood-Dutehess, Inc
$1.50
Air
&
Gas
decided
Co
Extra
3-20
1
(resumed)
4-29
$1.12'/$
Telephone
3-31
1
"lie
3-20
25c
tquar.)-.
com.
Inc.
Co.
4-15
Common
25c
1
Cudahy Packing, 4'/2% pre.trred iquar.i___
Cunningham Drug Stores, Inc. iquarj__J
Co.,
4-20
1
4-
4-15
—
23
dividend
&
4-
4-15
50c
a.)
Power Co., 4.25% pfd.
Go.d Mines, Ltd. (quar.)
Pniiip Mortis & Co., Ltd.—
$1.25
5-15
3-31
preferred
Rapids
tC.
March
Perron
25c
4-
3-31
Seal
&
1
25c
Trust
Lhe
Quarterly
5-
is-a)
Pennsylvania
4-
Corp
Brewing
(John
4-20
4-
(quar.)
Inc.
Liberty
4-11*
Delta
Grand
Company, 4Vi%
Lewis
4-14
3-24
25c
Company
Lawrence
Le
1
Detroit
(G. >
Kurz-Kasch,
Lane
10-19
I
f20c
Kennametal,
Lawyers
4-10
Detroit
preierred
Krueger
4-
1
5-
$2.95
(James R.)
4-10
4-
class
Allegan &
4-20
25c
iquar.)
Insurance
11-
3-31
Lia.
25c
$1.25
i_td,, common
preferred (quar.)
62;/2c
l it
_
com.
,
10-19
Inc.
Knapp-Monarch Co.
$1.75
Refining Co
1
—
6
the
tquar,)
Co.,
11-
Ltd
(quar.)
4-
5-19
$2
Ottawa,
01
1
30c
Danciger
Co.
common
00.
Davis
6%
3-24
iCalii.)—
Penman's,
2c
(quar.)
5-
$$5
Dayton
Sons,
6
Co.—
tquar.)
Corp.
Parke
37tic
4-
25c
Life
33i%
Publishing
Corp.
on
a
7-19
7-19
—
1
$1.25
clare
1
1
Semi-annual
5%
Directors
3c
preferred
Kalamazoo
lamepec Oil
6-
,
(E.)
5%
3-31
3-31
4-14
37V2c
Manufacturing Co. (quar.)
Ranch Royalty is-a)
Journal
Finance
8-
Participating
4-15
preferred (quar.)
Packard-Beil Co.
25c
(quar.)
3-31
$1.12Va
Inc.—
tquar.)
5%
25c
preierred
pieferred
Payable Of torn.
35c
Ex*™
37V2c
!
75C
Insurance
Inc.
$1
com.
(quar.)
5-
(quar.)
Cork
Crcwn
Dana
preferred
(increased)——
Coasi Terminals
Co.,
1
5-
When
Share
Co.
41
12Vac
Paciiic
21
Entire issue ca.ied fcr redemption 01. July 1
Creamery Package Manufacturing Co.
Crown
6%
Rnoae L,land,
of
Quarterly
Goods
preferred
3-22
4
Kellogg Switchboard & Supply Co., com
12'/2c
Dearborn
Products
1
4-15
lsc
—
Kearney
Hampshire)—
Printers,
Dry
4-
lie
Inc
3-24
14c
7%
preferred
is-a)
________
Consolidated Natural Gas Co. (s-a)
Cuban
Fund,
conv.
Paciiic
Inc
35c
Consolidated
3-22
3-20
above
Increased
Consolidated
1
4-10
per
Inc
7%
preferred (accum.)
Connecticut General Lile
Connecticut
4-
1
called.
Hotel,
Gas
$105.50
shown
announcemei ts
published
stock
Commodore
20c
Mfg.
Facile Coust Aggrtgales,
3-27
1
10c
iquar.)
April
14
at
this dividend).
plus
1
25c
<s-ai
on
dividend
4-
30c
(quar.)
(Boston)
Banking
pfd.
50c
4-20
+4'/2d
Extra
Commercial
iquar.)
Co.—
Participating
3-31
4-
10c
Commercial
3-20
^Oc
Bottling
Collateral
3-31
12c
(quar.)
Coca-Cola
1
Johnson
50c
__
_
Inc.
____
(quar.)
(quar.)
Fund,
Management
Investors
James
pfd.
4-
preferred (quar.),
Investors
1
4-15
75c
:
3-24
4-20
1
20c
Telephone
3-24
Per
Name of Company
4Va%
(quar.)
Cr.
5-
1
4-12
25c
(quar.)
pfd. tquar.)
Ltd., class A common
Stoics Co., common (quar.)
7%
4-15
6-
Boldert
Payable of Ret.
corp.—
iquar.)
4-12
tlOc
Cinzano,
Corn
Inter-iuountain
15c
preferred
$1.25
Chillicothe Paper 4>/2%
*;
Industrial Bank of Commerce (N. Y.)
50c
Cnemical
50c
(s-a)
Chesapeake Corp. of Virginia
Chicago Corp.
iquar.)
The
3-28
Inc.—
conv
Tran
Chasers, Inc.
Class
4-15
$3
When
(1297)
Orangeburg
(quar.)
6c
uas
SI.30
(quar.)
Investors,
Charleston
City
3-28
preferred
25c
common
non-cum.
Chase
4-15
$2
Indiana
$20
Century
$2
3-28
$1.12Va
(quar.)_,
Canadian Investors
Corp., Ltd. (quar.)
Carolina, Clinchfield & Ohio Ry. (quar.)
5%
4-15
12'/2c
(quar.),
Special
Celotex
5-15
4-15
5c
•
iquai.).-
Brothers,
Camden
Share
CHRONICLE
Telephone Corp.—
10c
iquar.>_
,
4V2%
preferred
(quar.)
CalUornia Portland Cement
-*
Associated
50',b
Plan, Inc., A
common
6%
Per
Name of Company
.
51/4C
Finance
Butler
FINANCIAL
&
Holder•
Indiana
Extra
1
When
Payable of Ree.
dividend)—
(stock
COMMERCIAL
4- 3
4- 3
3-21
3-21
dividend
Canadian non-resldenta' tax.
deductible at the source. Neat,
tax.
.
t—J
THE
(1298)
42
COMMERCIAL
securities,
General
Corporation and
its
lien or pledge.
will make application
Company
as
(Continued from page 8)
,
Sales of electric energy
electrc
Total
Prov.
for
Prov.
for
fund
depreciation,
incl.
basis
of
Total
5%-_
10,954,500
The
261,805
8,700,000
4,410,000
11,353,003
10,234,173
at
...
—
—
income
22,769,311
-
less taxes and
income,
and
Gross
_____
income
Interest,
deductions
6,015,271
in
of
the
debentures
income
$13,368,338
...
NOTE—The
provided
has
it
returns
claimed
lieves
that
tax
be
deduction
the
be assessed
may
recoverable,
depending
during the period
BALANCE
conversion
the
actual
of
costs
incurred.
as
of
as
a
the
upon
of such
SHEETS
prevailing tax law,
proposed
DEC.
Al¬
Equipment
Common
"In
6,810,568
Deferred
8,744,329
12,010,206
charges
12,010i206
„■;
olher
5,291,338
expense
5,566,901
2,661,481
2,661,481
outstdg. issues.
on
______
—___
593,160,221 598,406,996
______
LIABILITIES—
stcck,
par
Original preferred
value
5%,
$25
share—
per
4.32%
series
4.88%
4,000,000
4,000,000
series
Blyth
Salomon
41,335,725
W.
96,145,772
capital
on
stock
96,145,772
6.496,044
6,496 044
14,012,930
_____
refunding mortgage bonds:
Series of 3s, due 1965
Series of 3l/4s, due 1964...
19,473',503
108.000,000 108.000 000
due 1973
Accounts payable
deposits
other
2,264,522
1,233 072
credits
1 233 772
107,917,255
5,271,446
_—
Pensions
________
casualty
in
aid
of
107,968,077
5,271,446
443,258
291,799
2,066,419
—_—
construction—
443,258
291 799
(Alexander) Smith & Sons Carpet Co.—To Open New
Pilot Plant—
that
announces
it
has
contracted
a
modern
factory building in Ardsley, N.
panding product development and pilot plant
pany's Research and Development Division.
The
company
the
constructed
ities
expects
Indiana
from
in
1946.
the
of
this
work
as
will
work
mill
soon
be
title
Products
The
Yonkers
s*,ar';
take
to
Steel
as
title
for
is
to
Southern Pacific Co.
—
ed
It
fall.—'V.
is
ex¬
com¬
April
OFFERING
building
plant
provided
the
of
Funded
Co.,
Jan.
1,
&
Co
Crouter
.69
Kirkpatrick-Pettis Co
.58
Irving Lundborg & Co..—
Martin, Burns & Corbett,
.58
.58
1.78
Inc.
Pacific Northwest Co.Scott,
1.90
Chapman
B.
J.
Co.
.69
& Son___
Hilliard
.69
&
TO
otherwise,
at
such
prices
determine.
to
reimburse
heretofore
proceeds
the
expended
from
the
sale
treasury of the
therefrom
in
of
the
in part,
company,
connection
debentures
with
the
for
will
be
amounts
retirement
of
outstanding funded debt.
The
and
1950
expenditures
separately
road
and
which
operated
Horner
&
solely
controlled
«
is
It
DESCRIPTION
be
issued
Hanover
Bank
that
expected
toward -the
1950
the
program
affiliated
DEBENTURES—
under
&
an
Trust
indenture,
Co.,
as
for
The
dated
trustee.
Indenture
any
one
Is
limited
time.
The
to
companies
for
$107,000,000,
equipment financing
for
of
the
other
3%
debentures
corporate
convertible
April
l,
They
will
1950, will mature April 1, i960.
The principal amount of debentures which
System
about
proceeds
and
Transportation
purposes.
debentures
1950,
be
are
will
to
Central
dated
be
issued
of
to
the
to
pay
in
Gas
3,074,213
2,85cJ,bzy
other companies-—_
ciedits————
708,564
1,033,470
surolus
■
^n'a™
40,833
42,443
*
•
3,722,606
178,051,939 1(3,050,821
693,800,685 688,975,804
and amortization, tlncludes $1,078,752
Equipment Trust "RR" held by Trustee to be
disbursed upon delivery of equipment.
^Includes $4,400,343 unexpended
proceeds of Equipment Trust "OO" held by Trustee to be disbursed
upon delivery of equipment.—V. 171, p. 986.
.43
.27
company,
excess
such
of
$175,000,
net
profit
but
in
not
in
excess
of
I
Co.—Stock
the
99,968
stockholders
to
March 15, 1950, filed a registration statement with
114,828 shares of common stock (par $1),
Central
Republic Co. (Inc.), of Chicago, has been named as the principal
underwriter.
The public offering price and underwriting terms are to.
per
share,
were
over¬
company
on
covering
SEC
be
supplied
amendment.
by
Only 65,000 shares of the stock are being
and the proceeds thereof are to be
addi¬
record
of
States Telephone Co.—Registers—
Southwestern
The
the
Oversubscribed—Ac¬
President,
issuer;
construction
registered for sale by the
applied to the company s
program.
are being sold to the underwriter by
Wilmington, Del.
It holds 40,000 of these
Texas Telephone Co., Sherman. Texas
and
certain
of
the remaining shares for the account of Citizens Inde¬
pendent Telephone Co., Terre Haute, Ind., and Texas Telephone Co.,
remaining
Inc.,
shares
49,828
Syndicate,
The
Allied
ACCOUNT
FOR
miles
CALENDAR
for
of
account of
the
p. 2336.
Texas.—V. 170,
Sherman,
1948
operated
1946
6,483
6,484
173,569,622 £07,256,592 186,185,803
tiain—
336,038
8,432,736 i2,074,739
transportation—
____________
—
$
$
20,877,905
429,159
-
20,866,952
357,107
$
stockholders
The
164,126,085
$
—
facility
Stanley Works—Proposes 33 M Stock
1947
6,466
17,960,923
passenger
YEARS
authorized
the
is
It
$25
March
on
capital
par
30
will vote
stock
from
Dividend—
a proposal to increase
600,000 to 840,000 shares-
on
to reserve sufficient of the 240,000 additional shares to
for each 3 shares outstanding. The
to employees.—V. 170, p. 2440.
planned
pay a stock dividend of one share
balance would be reserved for sale
33,842,343
932,657
7,301,929
5,898,559
4,504,490
"2,773,326
3,050,368
2,440,408
1,836,301
1,924,893
1,637,430
3,568,239
4,036,323
3,997,095
766,595
881,371
800,893
Stanwood Oil Corp., N. Y.
858,042
City—Files With SEC—
1,339,938
2,794,754
A
ing
letter
notification
of
was
filed
with
the SEC on
March
14 cover¬
5,000 shares of common stock to be offered for the account
J. Steinharter, a director, qt the market price (estimated
$3.25 per share).
No underwriting involved.—V. 168, p. 889.
Joseph
Total oper.
revenues—
212,771,708 245,013,413 222,833,436
be
212,041,109
of
to
Operating expenses—
Maint.
of way & struct.
Maint. of equipment—
Miscellaneous
__
operations
General
Total
oper.
expenses—
Net rev. from
32,897,919
40,522,725
39,541,356
4,209,622
3,905,092
3,740,825
81,605,767
94,666,797
86,455,297
86,961,128
2,089,773
2,221,567
2,278,376
2,486,725
7,274,227
6,672,621
6,163,775
184,606,915 171,673,513
171,791,729
166,438,603
Starrett Corp.—To Redeem 5%
The
company
not
facility
crued
Nonoper.
Inc.
from
income..—.
for 5% collateral trust bonds due 1966, under the com-;
exchange plan, will be paid at maturity. Fixed and ac¬
of $412.50 per $1,000 bond will be paid to holders of
March 15, the company said.—V. 169, p. 2215.
record
bond
51,159,922
40,249,380
27,721,768
24,898,426
16,491,195
2,338,945
3,433,954
3,176,874
Tne
the SEC
1,167,045
1,452,530
29,148,740
21,375,013
19,311,146
State
1,270,165
21,863,820
Loan
Misc.
rent
Misc.
nonoper.
property
Dividend
Inc.
of
Income
securities
24,430
25,583
217,831
228,675
35,165
47,684
Dr62,042
1,482,735
secur.
1,509,192
1,979,640
944,060
1,058,411
1,037,062
1,011,354
1,006,858
426,712
293,278
225,847
accounts
&
—
9,260
6,489
due April
3,112,654
3,513,276
2,848,272
1,
SEC—
15 filed a registration statement with
5% ten-year sinking fund subordinated
1960.
debentures is to be underwritten by Johhston,
Washington, D. C.
The public offering price and
terms are to be supplied by amendment.
offering of the
&
of.
Co.,
Loan
is
a
holding
company
whose subsidiaries
are
engaged in
business.
It will use $924,000 of the proceeds
off a like amount ox 4xk'U subordinated serial
notes
held
by Provident Mutual Life Insurance Co. of Philadelphia
and $618,000 to pay off 4Vi% subordinated serial notes in that amount
held
by
Investors Diversified Services, Inc.
The $2,229,700 balance
will be added to working capital.—V. 171, p. 1186.
personal
finance
the financing to
pay
7,516
3,298,768
March
697,622
10,461
unfunded
Miscellaneous
State
the
ot
35,765
—
funded
from
25,051
203,647
physical
income
from
5G.202
228,484
—
Finance Corp.—Registers With
on
covering $4,000,000 of
underwriting
road
income—
&
corporation
Public
Lemon
income—
iease
equipment
*
Income Bonds—
10 notified New York Curb Exchange that
income bonds due April 1, 1950 which are
interest
60,405,498
1,436,077
rents
Operating
March
exchanged
pany's
883,609
equipment
on
outstanding secured 5%
all
22,149,598
of
Joint
31,839,402
43,167,562
46,333,105
oper
Taxes
Hire
33,067,141
40,785,824
7,107,611
Transportation
30,607,087
4,242,541
Traffic
(The) Stouffer Corp., Cleveland, O.—Files With SEC—
nonoper.
income
the
an
aggregate of $37,727,600 outstanding
at
indenture will not limit the amount of
other
_
„
any
any
shares offered
3,049,628
2, <56,2 ..0
deducting depreciation
"After
net profit (determined as
the underwriters) realized on the resale
of
„
4,82q'?5q
4,^2.281
companies———
Total
.27
agreed
—
—__——
6,258,450
22,138,497
unexpended proceeds of
April
under
56,777
3,548,200
1,261,531
———
.58
.55
Jenks, Kirkland & Co._
Zuckerman, Smith & Co..
Zachery,
Operating revenues—
Freight
Total
may
54,396
—-—
———-
declared-
surplus—appropriated—— — — surplus—unappropriated——
Earned
.43
also
1__——
unpaid-
dividends
unadjusted
Earned
.58
C. F. Cassell & Co., Inc.__
Henry F. Swift & Co.___
50%
Other
Mason,
— —
1949
and
Pacific
equipment
are
estimated
at
$30,245,000 of funds from previous
be applied
1,
Southern
for
available.
will
of
<——-
reserves
debentures,
PURPOSE—The
used
—___
14,363,Oo5
6,158,402
Equipment—leased from
.58
Inc.
i—_____——.
Stix & Co—_—.—
Minsch, Monell & Co
have
with
offer
may
550,609
12,713,928
5,531,004
unpaid—
Depreciation accrued on:
Road—leased from other
TTriPfirnpd
—
debentures
H.
INCOME
Joint
payable—___—-
cited in issue of March 23, pages 1219 to 1221.
were
Incidental
wages
interest
Operating
Southern Ry.—Annual Report—The results for the year
1949, together with the remarks of Ernest E. Norris, Pres¬
Other
2,087,320
301,304
(Cr):
liabilities
Deferred
Bodine—___
&
J.
30, through rights at $17.50
Express
45,362,000
56,712,000
1,443,880
—-—550,605
accounts payable-
matured
Unmatured
subscribed.—V. 171, p. 986.
Misc.
and
accounts
Unmatured
.84
Farwell,
1950,
Union
C.
common
Average
—
service balances
car
Miscellaneous
.69
1.15
May
to
——
129,686,900 129-569,80Q
60,000,000
60,000,000
194,303,500 194,650,500
obligations————
equipment
bills payable
and
Audited
par)—
-
trust obligations
and
250,200
133,100
$100)
debt
Traffic
.79
$425,000, and 75%
$425,000.—V. 171, p. 1086.
cording
3,881,54*1
693,800,685 688,975,804
i.
(par
11,295,698 shares, no
Miscellaneous
Loans
—
stock
Equipment
.84
2.06
Co
Mail
the
may
S.
& Co
Palmer Co.—
1.36
the contract
in
slock
stock
Preferred
.84
2.06
Co
unsubscribed
underwriting syndicate head¬
sell debentures
they
Co.—
&
Eateman,
Eichler & Co.
De
Haven
&
Townsend,
of
excess
Slocumb
Brothers
Sutro
underwriters
before
Debenture Offering to Stock¬
acquired by them through the exercise of warrants
cr
Otherwise, or in anticipation of the acquisition of
unsubscribed
cebentures. either firm or subject to
prior subscription.
After the
expiration of the warrants, the underwriters
may
make
a
public
t
ffering of unsubscribed debentures and of debentures
acquired by
them through the exercise of
warrants, or
as
LIABILITIES—
1.15
Granbery, Marache & Co.
was
1808.
p.
underwriters
and
L
Co
—
Common
names:
1.90
facil¬
equipthat most
STOCKHOLDERS—These debentures are offered pro
company to the holders of its common stock
for subscription in the ratio of $100 of debentures for
each ten shares held
of record
at
the
close
of
business on
March
10,
1950.
The sub¬
scription offer will expire at 3 p.m.
(EST) on March 31.
Before the expiration- of the warrants
the
by
&
Roger
1.15
1
additional
expected
170,
the
around
pilot
of
purchase
the
of
the
existing
secured.
the
house
by Blyth & Co., Inc. and Salomon Bros. & Hutzler
have agreed to purchase
any of the $37,727,600 3% con¬
vertible debentures due
April 1, 1960, not subscribed for
by the stockholders or their assigns, it was announced
on March 21.
rata
respective
2.06
&
149,066
934,115
882,659
3,728,174
—
—_____
——
Common
such
of
5.30
Co.—
Passenger
holders Underwritten—An
their
Simon
M.
Brush,
1.15
ident,
building
installation
by
for
Y.,
activities
which
moving
the
accomplished
the
cn
Co.,
of
and
Total
shares
of
Ironx
after
percentage
3.97
i.
Corp.—
&
2?3'?ct
3,223,650
accrued—1,289,322
Accrued
accounts
payable—
5,288,737
Taxes accrued
19,104.208
Other current liabilities—
84®'882
Inc.
or
______
351,932
2,594,410
li028'838
—
.84
&
Southern
company
the
Elworthy
Emanuel, Deetjen & Co.—
tional
The
I.
—_
on
debits
15,602,125
170,216
—
—
other funds
and
Unadjusted
their
or
below
1.90
NOTE—The
._—
payable Jan.
Illinois Co
Dickson
assets-
matured
Co
Richards
receivable——————
accounts
current
——
—
receivable——_——
Working fund advances-
UNSUBSCRIBED
OF
2,066,419
593,160,221 598,406,996
—
196.
Other
supplies
dividends
2,600.441
10,371,745
13,523,005
324,332
2,404,261
183,024
Interest
Murch & Co.
The First Cleveland Corp.
2,264,522
deferred
Accrued
receivable——~
accounts'
and
and
Interest
™2,20?
61,437
1,922,818
11,291,544
(Dri_
balance
agents and conductors--—
Interest
&
Lemon
American
S.
from
Miscellaneous
Material
service
car
Dividends
Maynard H.
Hill
and
Balances due
—
.84
R.
597,366
SALE
interest
2.83
Collins
24,156,228
3,151,681
receivable
bills
and
Traffic
113,166,000
27,262,262
.84
Co,_
Julien
(U. S. Treasury notes)
Byrd
Ball, Burge & Kraus
The
16,782,874
201,05a
36,199,071
Butcher & Sherrerd
Co
&
,
480
679
201.023
—-
-
deposits
Loans
349,416,838
258,095
15,036,406
15,514,749
-
—
Temporary cash invests.
Total
26,064,630
20,641,654
254,428
investments:
Casn
*$136,291,530
26,083,545
22,249,110
——
5.30
Co.—
&
-
—
'
Special
SEP¬
1949
$7,500,838
—
—
5.30
2,719,271
19,496,240
___________
advances and
p.
) !■
companies:
14.31
9,670,132
1.9.181,901
AND
property
Co.—
9,649,791
2,719,271
.
Frequency change
171,
s
Hutzler_
&
Weeks
25,000,000
—597,366
—
_____
FOR
Cooley & Co.___.___u—___
1.36
Fahey, Clark & Co—1.36
Prescott, Hawley, Shepard
&
Co.,
Inc.1.36
—,
accrued
Zota^
1948
544,724,340 519,908,183
——tl,384,979
14,625,515
974,322
989,913
funds
reserve
physical
Bonds
2,700
forth
set
40,000.000
Reserves:
~^V.
31
and equipment-
Stocks
383,581,151
accrued
30,000,000
__________
and
and
25,000,000
Dividends payable
Insurance
price
40,000,000
(3%)
Other
be entitled.
—
siockholuers
30.000,000
due 1973 <3'/«%
B,
Contributions
its
&
Johnston,
—
Depreciation
$4.81
DEC.
SHEET,
BALANCE
-
Advances
pay
has agreed to sell any of the debentures
company
by
&
Swiss
surplus
time
1,300
AGREEMENT
Dodge
E.
McDonald
and
the
option,
1,400
Hutton
Clark,
20.000,000
15.430,375
Customers'
3,000,000
3,894,600
$6.85
road
Notes
AFFILIATED
31,
ether
and
Bonds
of
383,581,151
shares—
2.83
2.83
40,503,275
accrued
3,894,600
$12.51
Other deferred assets—?———
14.31%
&
&
Witter
15,430,375
Customers'
5,192,800
$6.89
$
"Miscellaneous
Insurance
Hayden, Stone & Co
Baker, Weeks & Harden..
40,503,275
Interest
973,650
Investments in affiliated
the
of
at
at its
SYSTEM
DEC.
341,916 000
5.30
series
Taxes
9,252,270
3,000,000
dividends
Stocks
amount
effect
in
shall,
CONTROLLED
OUTSTANDING
Paine, Webber, Jackson &
series—
Common—authorized
Paid-in surplus—premium
price
Capital
$50),
company,
price
principal
*$136,291,530
Inc
Sachs
Hornbiower
convertible
Series
for
Bros.
Goldman,
convertible
Series A,
11,892,761
3,000,000
direc¬
—
debentures
& Co.,
4.56%
___
the
to
conversion
company
than
.
20,000,000
—
price to be
the con¬
shares
at such
4.48%
Earned
19,248,065
3,000,000
investment in
"Total
If
more
pay
TRANSPORTATION
value
par
qualifying
unsubscribed
41,335,725
___________
Preference—
First
6,563
10,235,989
ASSETS—
at
Co.—
companies
company
Dean
prior______
preferred—
to
the
over
SOLELY
Curtis
Capital
Cumulative
THE
5.299,827
expenses—
_____—
Capital stock selling
Total
and
____
conversion
is
any
company
assigns at their prin¬
cipal amount together with acciued interest thereon from March 31,
1950, to date of delivery, to the underwriters listed below, each of
which
has
agreed, severally and not jointly, to purchase from the
25,422
5,566.901
at cost—
convert
113,166,000
Pacific
subscribed
not
7,327,005
8,291,704
to
the
indenture).
such
at
the
of
TransSeparately Oper.
portation Solely Controlled
S- stem
Aff 11. Companies
DEBENTURES—The
5,000,000
reserve
insurance
OF
UNDERWRITERS'
3,000,000
__.__I.__
obligations
Materials and supplies,
taxes,
20,955
10,343,304
GENERAL
addition, $13,530,000, principal amount, of Southern Pacific Co,
equipment trust certificates, series DD, was sold in January, 1950.
2Va%
$
9,546,664
deposits
Receivables, less
S50,
OPERATED
without
tors'
25,422
government
Prepaid
10,358,209
11,914,308
to
the
3,772,763.0564
Other
542,224,661
_____
S.
Special
10,690,010
debt
dividends
Common
capital stock:
Southern
through
7,277,920
the
conversion
bond".
Debenture
31 *
assets....
Cash
U.
than
right
conversion
required
value
(he
obligations
bonds
Mortgage
amortization,
542,224,661
be
conversion
Long-term debt:
provided for the additional
result of deferment but which
—...
other
time
will
the
If
COMPANIES
or
$
plant
Investments and
less
is
holder
$11,287,114 $10,997,724
ASSETS—
Electric
of
such
CAPITALIZATION
Company Consolidated
'
29,926
1949
the
appropriate fraction of a share to which cuch holder may
4,615,994
deductible from income during the period
and intends to contest any deferment thereof for income
reductions
thereon
accrued
stock
(such
in
of
debenture
on
share
per
provided
at
the
accordingly, it has not paid
income taxes which
would
246,650
56.0C0
Earnings per com. share
debenture, in cash, the excess of the principal
amount thereof ever the value, at such conversion
price, of the stock
issued
on
such
conversion, or deliver to such holder scrip for the
they are properly
tax purposes;
interest
common
the
as
excess
to
though the Treasury Department contends that these costs should be
amortized over a ten-year period
for tax purposes, the company be¬
of conversion,
239,300
2,339,542
31,729
68,971
224,350
Appropriations for:
part on April
1, 1952, or
of the sinking fund, at their
have
will
into
$55
of
conveited.
of
aggregate amount of $34,409,383
from income during the years 1945 through 1943 for the costs of chang¬
ing the system-wide frequency to 60 cycles.
In its Federal income tax
company
whole
eflect
the
ARATELY
Net
236,632
Profit
Preferred
in
operation
debenture
a
required,
issued
shares
$17,302,385 $15,613,718
6,037,646
cash,
as
price
if
price
holder
the
in
1,365,540
88,716
106,844
$24,455,984
—
total
etc.,
2,075,5j3
1,569,933
116,740
expenses
miscellaneous
conversion
a
adjusted,
Other income:
Oil
icdeemable
through
any
debenture
version
$80,291,789 $70,654,265
15,119,942
14,159,462
taxes $77,338,003
&
expenses
261,805
of
holder
such
9,287,971
261.805
5,467,500
9,342,962
9,958,497
adjustments
interest
income..
operating
Interest
be
40,178
.
funded
on
2,312,319
32,121
38,428
on
debt
Interest
$1,000,000,
discount
of
funded
33,289
46,186
charges—
income
Amorciz.
company,
than
less
not
the
Misc.
the
on
2,314,176
32,873
debt—
date.
any
amount, together with unpaid
the date designated for redemption
sinking
other
operating
on
of
option
amounts of
principal
12,000,000
11,260,000
expense
on
acquisition
Federal
Taxes—all
in
time,
one
the
at
2,178,519
roads__.
rents—
unfunded
on
—_
frequency change
Amortiz.
Taxes—
Net
—_
also
thereafter,
date
any
revenues
Operating expenses
by lot,
part
will
Debentures
-—^.$100,107,314 $95,411,731 $84,813,727
and taxes
34,141,893
35,723,754
27,798,549
11,626,802
8,443,560
6,495,478
operating
Maintenance
-
redeemable,
When
redeemed
otherwise
than
through operation of the sinking
the redemption
prices of the debentures will,
together with
unpaid interest acciued thereon to the date designated for redemption;
range
from 102 and interest for the year beginning April 1, 1950
to 100 and interest for the year beginning April
1, 1959,
$99,482,753 $94,818,857 $83,822,060
024,561
592,874
991,667
,
revenues
in
or
be
fund,
1947
1948
1949
Operatng revenues:
Other
whole
a
will
principal amount, at any
ONLY)
(COMPANY
ACCOUNT
INCOME
Years Ended Dec. 31—
debentures
leased
Miscellaneous
Int.
for listing the debentures
San Francisco and Los Angeles Stock Exchanges.
York,
The
for
Rent
any
New
Monday. March 27, 1950
CHRONICLE
or unsecured,
which may be issued by the company
subsidiaries or affiliates.
The debentures will not be
of
by
or
v
FINANCIAL
secured
any
secured
Investment News
&
The company on
March
15 filed a letter of notification with the SEC
covering 8,013 shares of common stock (par $2.50)
Total
gross
income—_
Deductions—
25,162,588
32,261,394
24,888,289
22,159,418
per
No
to be offered at $15
share, the proceeds to be used to provide additional working capital.
underwriting involved.—V. 158, p. 1478.
Volume 171
Number 4893
THE
Super Electric Products Corp.—Files With SEC—
A
letter
of
notification
with
filed
was
the
covering up to 140,000 shares of common stock
at
market
for
the
account
of
SEC
Henry Winston,
March
on
(par; $1)
20
to be offered
President.
No
under¬
writing involved.
Mr.
to
Winston will
net
offer his privately held stock to a total sufficient
exceeding $100,000 at market.
The proceeds derived from
not
the
sale
for
COMMERCIAL
&
FINANCIAL
CHRONICLE
publicly offered 400,000 shares of common stock (no par)
at $25 per share.
The stock was awarded to the group
at competitive sale on its bid of $24.27
per share.
Competing bids were: Lehman Brothers and Bear, Stearns & Co.
(jointly), $24.21; Bidder, Peabody & Co. and Merrill Lynch, Pierce,
Fenner & Beane.
(jointly),, $24.0351; Union Securities Corp., $24.03;
and Goldman, Sachs & Co. and. Harriman
Ripley & Co., Inc. (jointly),
working capital.
The
of
these
securities
will
loaned
be
to
Electric Products
Super
has given to Mr. Winston an option to purchase
at $1 per share that number of shares equal to the number of shares
he disposed of under the letter of notification.—V. 168,
p. 2330.
$23.61.
corporat ion
Taunton Gas Light Co.—Proposed
directors
this
of
Consolidation—
and of Attleboro Gas Light Corp.,
recently voted to recommend to stockholders a merger of both com¬
panies with Taunton Gas Light Co. as the surviving corporation, sub¬
ject to the approval of the Massachusetts Department of Public Utili¬
ties.
The merger would be effected by the exchange of two shares of
Taunton stock (par $50) for each share of Attleboro Gas Light stock
4par, $100).—V.
Tennessee
be
added
to
company
will repay $1,200,000
additional^ shares- of common
funds from which
the
of
bank
borrowings and purchase
stocks
of" its
subsidiary
operating
Increased—
stockholders
March
on
voted
17
increase
an
in
the
above
subsidiaries
has
served
of the
population
a
of
around
subsidiaries for the year
equity
year
of
Texas
distribute
generate,
square miles in
Texas,
The
area
of
2,250,000.
Operating
revenues
ended Dec. 31, 1949, were $60,155,466.
in the income of subsidiaries for
Co,
Utilities
common
and
approved
authorized
2-for-l
a
split of the pre¬
additional common
80,000
the present,—V. 170,
1440.
p.
U. S. Oil & Development Corp., Denver, Colo.—Files
The corporation
SEC
the
of
400,000 shares,
company
will have outstanding 4,800,000 shares of
common
stock.
The company has no other securities outstanding.
DIVIDENDS—In
1949
the
company paid
stock.
dividends
amounting to
17,
1950,
the
company
declared a dividend of 32 cents per share payable on
April l, 1950,* to holders of record on Feb. 28, 1950.
$1.15
share
per
the
on
On
common
Feb.
10 fi'ed a letter of notification with the
on March
6%
160 000 shares cf
covering
preferred stock
(par 10 cents)
to
te offered at 25 cents per share, the proceeds to be used to drill and
rehabilitate wells.
The underwriters are R. L. Hughes & Co., Denver.—
V.
167, p. 588
U. S. Thermo Control Co.—Files With SEC
letter
A
notification
of
filed
was
the
with
SEC
—
March
on
17
of common stock (par $1) to be sold at not
share by M. B. Green, Vice-President and Secre¬
No underwriting involved.
the same date, a letter of notification was filed covering 12,000
covering
tary.
On
shares
3,300
than
more
shares
$10,084,191.
was
CAPITALIZATION—Giving effect to the sale
authorized
a total of 600,006 shares
value preferred stock and 10,000,000 shares of $5 par value
common stock.
The company had been limited previously to 400,000
shares of preferred stock and 5,000,000 shares of common stock.
The additional stock authorized
may be issued in
the future but
there are no. immediate plans for the sale of the additionally author¬
ized stock, Mr. Symonds said.
However, the company does plan next
month to sell 100,000 shares of preferred stock previously authorized,
capital stock which will permit the issuance of
of $100 par
shares
which will be retained in the treasury for
sell*
and
72,650
the
To Sell 100,000 Preferred Shares Next Month—
The
BUSINESS—The
electricity in an area covering aproximately
the
northern,
eastern
and
western
parts
the
Co.—Stock
10
March
on
and
shares
treasury
approximately as follows: $3,000,000 for Dallas Power &
Light Co. shares; $2,000,000 for Texas Electric Service Co. shares
and $1,500,000 for Texas Power & Light Co. shares.
Net
1892.
Transmission
Gas
United States Envelope Co.—Split-Up Approved—
The stockholders
ferred
company
146, p.
43
With SEC—
PROCEEDS—To
companies
The
(1299)
of
$3
per
stock
common
sold
be
to
by
the
company
George
to
Ereen, New York City, at $1.50 per share, the proceeds
for working capital.
No underwriting.—V. 171, p. 987.
to
F.
be used
(Wash.) Telephone Corp.—Files With SEC—
Vashon
The
corporation on March 9' filed a
$49,000 first mortgage 5%
to be offered at $1,000 per bond plus
1949;
Underwriter is Wm. P. Harper &
SEC covering
letter of notification with the
serial and sinking fund bonds
accrued interest from Nov. 1,
Son & Co;
*
undetermined
plus an
tially
for the
care
President,
amount of bonds
explained.
V.
See
the
in
later
171,
p.
Summer,
Gardiner
construction program,
current
to
par¬
Symonds,
1186.
UNDERWRITERS—-The
number
of
Texas
Co.—$9.62
Blyth
&
deducting all charges,
Co.,
$132,743,159, or $9.62
was
share, which compares with $165,980,980, or $12.03
per share in 1948, according to the company's annual
report to its more than 105,000 Stockholders, made public
March 20 by W. S. S. Rodgers, Chairman of the Board,
and Harry T. Klein, President.
per
Corp.—
000,000
"In
non-subsidiaries.
lo
investment
report.
the
1950
"However,
required
for
Pierce
increase
Republic
(Inc.)
services
interest
1948
ocher
and
—
(other
taxes
come
than
41,034,343
1,116,037,056 1,121,920,774
819,210,821
20,756,514
839,967,335
Fed,
830,117,530
785,716,568
609,277,898
35,438,351
31,810,494
and
38,384,322
28,400,162
in¬
)
—
holes)
drv
of disct.
amortiz.
38,552,814
11,585,460
46,136,901
13,175,424
—
and
10,000
Binford
10,000
William N. Edwards & Co.
&
Co.
Rotan, Mosle & Moreland
Dallas Rupe & Son.
Underwood, Neuhaus &
Co.
——
35,230,524
6,503,851
3,760,104
1,150,174
3,760,164
629,972
" 20,600,000
45,500,000
Waggener
H.
Cash dividends declared-——
132,743,159
55,142,428
165,980,980
40,619,469
106,312,617
26,962,745
19,513,624
——.
$12.03
$7.90
funded debt
charges!
income
J.
Co
5,000
Rowles, Winston & Co
Schneider, Bernet &
R.
5,000
The
Co.,
.
1,000
1,000
1,000
1,000
Inc.—
Co—
&
Harold
5,000
Investment
Inc.
Ranson-Davidson
Roe
Hickman
Phillips
Co.,
5,000
_
&
Stewart
S.
&
tStock dividend
per
_______
share———
$9.62
p. 595.
Co.
C.
R.
clared
3 Months Ended Feb. 23—
income
Operating
general
Wabash RR.—To Add Diesels—
$750,000 in April and. May to Dieselize Its
yards, Arthur K. Atkinson, President, said*
Diesel locomotives, probably seven in
number, will replace 15 steam locomotives currently used in switching
operations.—V. 171, p. 988.
company will spend
North. Kansas City freight
stated
He
addition, State and Federal gasoline
accrued
in
the amounts
of $186,159,305
shares of the capital stock of
t336,528
of
Operating
Other
$173,567
54,446
52,424
profit
$121,391
income
—
1,537
on
been
Weisfield's, Inc., Seattle, Wash.—Files With SEC—
The
mccme
42,508
31,295
28,500
___
Earnings per
Texas
Co.
at assigned
$58,303
.
common
share__|___
$101,834
$0.13
ASSETS—Dash, $128,406; accounts receivable, $80,785; materials and
$73,250; leaseholds,, development costs and equipment (after
for depletion and depreciation of $407,829), $511,543; royal¬
ties (after reserve for depletion of $319,684), $260,957; furniture and
supplies,
reserves
fixtures
and
automobiles
(after
reserve
for
depreciation
of
$3,317),
$4,239;
undeveloped leaseholds, $56,792; non-producing royalties, $235,deferred charges, $11,468; total, $1,362,887.
437;
LIABILITIES—Accounts
payable,
$56,304;
accrued
taxes,
$9,346;
compensation, $3,624;
unclaimed dividends (prior
executive
years), $6,871; common capital stock (par value 70c.) $558,517; capital
surplus, $129,618; earned surplus, $598,607; total, $1,362,887.—V. 171,
p.
594.
Treasure State Supply Co., Houre,
The company on March 8 filed
Wellington Fund, Inc.—Registers With SEC—
March 21 filed a registration statement with the
shares of common stock (par $1). The offering
price will be determined on the basis of net asset value- at the close of
the day. Underwriter is W. L. Morgan & Co.—V. 171, p. 500.
The corporation on
West Coast Life Insurance Co.—Stock Dividend, Etc.—
stockholders
The
from
stock
ment
of
SHEET,
1
'
<
Cash
——
U.
Govt,
S.
end
Accts.
i.
short-term
______
a
(less
Turner
SEC
and
^Properties,
plant
—
reserve)__
90,868,884
92,240,762
West Virginia Water
and equipment
—_—
jl
_______
——_
for
—_—___——_
ceived
Accounts
payable
1 Provision
and
March 10 filed
on
—
accrued
for Federal income
—_
liabilities
taxes
—
Div.
payable Jan. 3, 1949 and Jan. 2, 1948debentures, due May 15, .1965——
debentures, due JUne 1. 1973
T
Notes of The Texas Pipe Line Co.
SEC
1950,
$1,000,000
158,911,691
1952,
held
742,058,255
12,779,735
623,009,802
13,969,400
1,368,132,586 1,277,093,761
8,510,759
90.655,436
6,081,730
96,953,262
9,449.919
10,679,021
letter of notification with
a
60,000,000
in
general
corporate
purpose.
No
under¬
80.000.000
80,000,000
38,333,333
22,100,000
1,795,444
Gas
Corp.,
on
March 20
re¬
by United Gas.—V.
171,
p.
March 6 filed a letter of notification, with the SEC
covering 17,647. shares of common stock (no par value), to be offered
to common stockholders
of record March 13, 1950, at $16.75 per
& Co., Harrisburg, Pa., and New
group of 30 dealers soliciting subscriptions.
construction costs.—V. 171, p. 988.
SRes.
debt
long-term
deposits)
for
__i_—
benefits
(less
related
special
—
under
employees'
plans—
Reserve for incentive
compensation plan
Reserves for foreign exchange fluctuations
Reserves for contingencies
__!
.___
Capital
Capita!
Earned
stock (par value $25)
surplus
—r—
surplus
—
..
_
——.—
SCapital stock held in treasury
____
1,930,067
25,000,000
344,940,600
133,103,357
475,955,448
Rights
Blair F;
York, are heading a
The proceeds are for
y,
Western Maryland
Interstate
Ry.—Equipments Authorized—
Commerce
$2,460,000
issue
to
Commission on March 15 authorized th«
of equipment trust certificates in con*
171, p. 988.
with new equipment purchases.—V,
Wheeling & Lake Erie Ry—To Offer Bonds—
the
23
authorized
to
(S. S<) White Dental Mfg. Co. (&
Subs.)—Earnings-
1949
1948
1947
$18,943,548 $19,220,793 $19,342,319
taxes
1,410,582
2,241,055
2,092,690
on March. 17
sale&_
_
before"
—
income
Net
Earns,
Mines
of
Honduras,
Inc.,
Wilmington, Del.—
Files With SEC—
The
March 16 filed a letter of notification with
shares of common, stock (par 50 cents)
share through Willis E. Burnside & Co., Inc.,
New York City, the proceeds to be used to pay indebtedness and for
general corporate purposes.
the
to
corporation
covering
SEC
be
offered
at
$2
on
'
sh._
,
1,175,000
$1,232,690
$1,508,097,
$4,12
$5.0f
' -
t<j
Stock Dividend and Offering of Shares
Stockholders and Employees—
Plans 5%
stockholders
.<
860,000.
925,000
$805,582 ,$1,316,055
$2.69
$4.40
profit
for common
■
$19,786,223
2,683,091
„„„„„„
605,000
taxes
vote
will
at
the
annual
meeting
April
4
on
a
proposal, to increase the authorized capital stock (par $20) to 450,000
from the present 300,000 shares.
.
*■
In his
annual report to shareholders, Trect E. Steen, President,
said if the increase in stock is authorized, the company will declare
a
stock dividend of one share for each 20 held.
■
.
shares
...
..
United
1946
Year Ended Dec. 31—
Net
The
With SEC—
filed a registration statement with the
SEC covering 1,200,000 United Income Fund Shares and 1,000,000 of
United Science Fund Shares.—V. 171, p. 500;
The corporation
;
reported that the company plans to sell competitively $4,000,00(1
of bonds, on April 6, the proceeds to be used to refund bank loans.—*
V. 171; p. 140.
It is
inc.
Prov; for Fed. and State
connection
500,000
United Funds, Inc.—Registers
7,909,662
—_
Other
the basis; of: one new share for each 14, shares held;
March 27, 1950.
Shea & Co., Boston; Mass., and
to expire
Claybaugh
Profit
1086.
2,108,610
5,901.918
1,892,643
1,826.448
25,000,000
344.940,600
133,103,357
£53,556,179
Dr615,262
of
of United
authorizing it to redeem on or before March 25,
its $35,000,000 of 6%
debentures due March 1;
with
the proposed
2-for-l split to be voted on
no
par common stock would be
changed
1,000,000 shares, and one additional share Issued to
holders of each of the 305(193 outstanding shares.
The capital or
surplus accounts would not be changed.—V. 170, p. 1920.
60,000,000
2%%
account. t<*
the
United-Carr Fastener Corp.—Plans Stock Split-
10,332,004
3%
subsidiary
a
order
194,823,309
13,781,757
and
capital
company,
an
169,708,531
from
contracts payable—
and
surplus
Service Co.—Files With SEC—
Union Producing Co.—Redemption Authorized—
This
81,593,000
LIABILITIES—
from
transferred
were
The company on
nection
covering- 60,00C shares of common stock (no par) to be offered
per share, the proceeds to be used to buy planes, pay overhaul
March
.
Notes
Airlines, Inc., Indianapolis, Ind.—Files—
198,958,277
——__1_:—_
Deferred charges
Total
$
cost—
at
funds
Rights to Stockholders—
company
1948
112.545,797
—
advances—
Investments
-
31
dividend
($100
working
writing involved.
104,718.904
49,040,000
—
securities,
receivable
notes
Inventories
DEC.
1949
$
ASSETS—
21 voted to Increase the $5 par capital
$1,000,000 in order to provide' for the pay¬
to stockholders of record March 10,
Feb.
to
stock
1950.
Necessary
capital account.
are
1,000 shares of nonassessable common stock to be offered at par
per sharp) to be offered through the officers" and directors of
the company. The proceeds are to be used for construction of a building
for corporation headquarters and to maintain Inventory requirements.
on
$500,000
100%
a
share on
Mont.—Files—
letter of notification with the SEC
cumulative nonconvertible preferred stock
a
and
and
B/ LANCE
No underwriting involved.
Washington and Oregon to sell retail jewelry.
1950
at $4
CONSOLIDATED
.
SEC covering 3,000,000
$0.07
—
The corporation
The
14: filed a letter of notification with the
corporation on March
covering 6,000 shares of, capital stock to be offered at $47.50 per
share, the proceeds to be used in setting up additional branch stores in
$161,629
61,429
3,197
___
Provision for Federal and State taxes
$119,121
$122,928
—
—
Interest, depreciation and depletion———
and oil taxes were paid or
during
1949, $176,851,775
$58 per share.
meeting, which had. been scheduled for March 10
the proposed
acquisition of Crown Manufacturing Co.,
adjourned until March 30.—V, 171, p. 988.
stockholders'
act
SEC
during 1943 and $166,532,295 during 1947.
value
1,200-horsepower
Wamsutta Mills, Inc.—Meeting Adjourned—
The
♦In
stock
1949
1950
expenses—.
-
Nov.
This
has
$173,815
_;
—..
and
dividend
stock
28.
17, 1949, the stockholders increased the authorized $5 par
from. 100,000
to 200,000 shares to provide for
the
stock dividend.—V. 170, p. 1920.
On
common;
to
Gross
reports that on Feb, 21 the directors de¬
payable March 31 to stockholders of
President,
100%
Feb.
The
Toklan Royalty Corp. (& Subs.)—Earnings—
Wyth,
a
record
1086.
covering 2,000 shares of 6%
profit
Earnings
Eubank
&
Prank Miller & Co
10,000
Funk
—V. 171, p.
& Dunlap
Newton & Co._—_
Lynch, Allen & Co., Inc.—
10,000
,
■__
Fridley & Hess
Creston
1,500
1,500
1,000
1,000
1,000
1,000
1,000
1,000
Lentz,
Walker, Austin &
3,760,166
551,395
28,000,000
on
interest
Provis. for Fed.
Net
Elliott
10,000
Levy & Co.—_
Moore & Co.
and
taxes—
expense
Other
1,500
Inc.
Dittmar
Robert E.
holders in reorganization
Viking: Pump Co.—Stock Distribution—
2,000
——
S; Hudson & Co.,
R.
Moss,
accrued
—
Depreciation
Deplet. and leases surrendered
Int.
2,500
2,500
authorization from holders of
5% gold, bonds due 1953, to; represent
proceedings of the company; The com*
mittee: G; T. deSimone, Chairman; Alexander Mackenzie and M. E»
Birkens. Robert Smith; 165 Broadway, New York, is Secretary.—V. 171,
&
15,000
________
21,930,679
32,915,353
-
Intangible devel. costs (amortiz.
.
Co.
20,000
15,000
Roberts
CONSOLIDATED BALANCE SHEET, FEB. 28,
gen¬
expenses
♦Taxes
38,766,810
inc._
_r__—
selling
oper.,
eral
3,000
2,500
.
Co..
&
Sidlo, Simons,
CO.—
1947
1,077,270,246 1,080,806,43).
and
Gross income
Costs,
Marshall—
&
Pauls
seeking
following'committee is
Victor Fuel Co. first mortgage
such
Edw. Lowber Stokes Co.—
25,000
Co.
—____
&
Net
1949
and
Foster
Louis
Schoelikopf, Hutton &
Pomeroy, Inc.
crude oil reserves."
CONSOLIDATED INCOME ACCOUNT FOR YEARS ENDED DEC. 31
Divs.,
25,000
Co.—
3,000
exploration
our
Victor-American Fuel Co.—Bondholders' Committee—
as
are
Inc.
25,000
Total income
'
Sales
purchase
to
R.
Co.,
Union i Trust
Central
Russ
&
—
Dallas
-
expenditures will be materially reduced," says
continued
large annual expenditures will be
and development of producing properties to
agreed
Moroney, Biessner & Co._
A. Uncferwood & Co.,
87,500
*
Tekaco's 1949 net profit was the second largest in its history, not¬
withstanding the industry-wide easing of supply and the leveling-off in
demand which resulted in substantially lower prices for most products,
particularly residual fuel oil and middle distillates.
,* The company's total volume of sales of petroleum products in 1949
was the highest on record, and refinery runs also reached a new high.
Domestic
crude oil production was about 7%
lower than in 1948,
principally because of state conservation orders and lower demand
for
crudes
producing large percentages of residual fuels.
Drilling
activities were also reduced during the year.
Nevertheless, Texaco's
proved underground crude ml and natural gas reserves gained sub¬
stantially in 1949 and, at the year's end, were the highest in the
company's history.
The company spent about $207,000,000 in
1949 to complete the
major part, of its pbstwar expansion and modernization program. This
involved new and improved refinery facilities, additional marine equip¬
ment, new pipe lines, and substantial amounts for discovering new
crude oil reserves.
In addition,
the company advanced about $19,-
severally
87,500
Inc
First Southwest Co.—_
dated net profit of this company and subsidiaries for 1949,
after
has
'
First Boston
Rauscher,
Share in 1949—Consoli¬
per
of the underwriters and the respective
names
each
The
The
Inc.
(The)
shares
follows:
.
also plans to offer stockholders rights toshares at the rate of one for each 10 held andr
to offer employee® the opportunity to subscribe to 20,000 shares, plus*
shares unsubscribed by stockholders.—V. 171, p. 699;
He
said
subscribe
the
to
company
29,891
150,000
per
Wilcox-Gay Corp.—Registers With SEC—
corporation on March 20 filed a registration statement wittti
300,000 shares of its common stock ($1 par). Gear*
Kinnard & Otis, Inc., of New York, has been named as the
principal underwriter.
The offering price and underwriting terms;
are
to be supplied by amendment.
■
'
The
company's products consist primarily of television receivers,
disc and magnetic tape-disc recording equipment.
The proceeds of *
the
stock
financing would be used for general operating require¬
The
the SEC covering
Total
I
—
♦After reserve
for depreciation,
-
1,368,132,586 1,277,093,761
amortization, and depletion of $637,-
1949 and $611,519,445 in 1948. tAfter deducting $25,000,000
U. S.
Treasury obligations held for payment of taxes in 1949 and
$45,000,000 in 1948.
SExcIuding $1,590,000 in 1948 included in current liabilities above.
159,375 in
^Represented by 10,000 shares (at cost).—V. 170, p. 2230.
Texas
Utilities Co.—Common Stock Offered—An
un¬
derwriting group headed by The First Boston Corp.;
Blyth & Co., Inc.; First Southwest Co.; Rauscher, Pierce
& Co., Inc., and Dallas Union Trust Co. on March 22
United Paramount Theatres Inc.—Voting Trust Provi¬
sions Modified;—
Leonard
H.
Goldenson,
President, on March 24, announced very fa¬
trust provisions of the consent judg¬
vorable modification of the voting
ment, entered March 3, 1949.
restrictive features to security holders were
approved by the Feddral Court.
The amendments agreed to by the De¬
partment of Justice permit release from the voting trust of holdings of
500 shares or less of the common stock of this corporation.
Amendments eliminating
approved amendments over 70% of the stock of the cor¬
become free of the voting trust.
Restrictions will then
apply to only a little more than 500 of the corporation's 40,000 holders.
With
the
poration can
—V.
171, P.
788.
hart,
ments.—V,
170, p. 1641.
Wilson Brothers,
A letter of
Chicago—Files With SEC—
notification was filed with the SEC on
ing 15,000 shares of common stock
Sheybogan Chair Co., Inc., at $4.37'/2
underwriting involved.—V, 170, p. 929.
(par
per
March 17. cover*
$1) to be sold by
share (market price).
tho*
No
*
44
THE
(1300)
COMMERCIAL
FINANCIAL
&
CITY
STATE AND
CHRONICLE
Monday, March 27, 1950
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
above date
ALABAMA
/»'
Ala.
Gadsden,
and
Sale—The $200,000
Bond
public jointly,
improvement bonds offered March
21—v.
to
and
of
price
a
Sch.
County Clerk, will receive sealed
oids until 11 a.m. (PST) on March
— Armistead
27
for
the
purchase of $41,000
of the Water ouilding
coupon
or
registered
Works Board, will receive sealed bonds. Dated
May 1, 1950. Denom¬
bids until 11 a.m. (CST) on March ination
$1,000. Due on May 1 from
30 for the purchase of $7,000,000
1951 to 1970 inclusive.
Principal
bonds, divided as follows:
and interest (M-N) payable at the
$1,500,000 industrial water reve¬ County Treasurer's office. Legal¬
bonds. Due
bonds.
Due
reve¬
Jan.
on
1,
1973.
Jan.
Dated
tion
1,
$1,000.
1954,
On
after
or
Jan.
their respective matur¬
ities at the option of the Water
Works Board, in the manner and
upon
the terms and conditions
prior
to
referred
to, either in whole, or in
previously noted in
1188,
of
the
if
amount
1954;
and
if
or
redeemed
prior
thereafter
Jan.
to
1,
and
1963;
Jan.
1,
1,
on
or
on
1%
deemed thereafter and
to
Jan.
on
if redeemed thereafter
prior to Jan. 1, 1958; 2%
3%
on
redeemed
if
or
re¬
prior
1968; and without
pre¬
mium if redeemed
in the
thereafter, and
of serial bonds, a pre¬
case
mium of ]/4 of 1% for each year or
part thereof from the date of the
redemption to the date of matur¬
ity of each bond, not to exceed a
total premium of 3%. In part, the
bonds
term
be
may
redeemed
at
the principal amount of the bonds
to
be
redeemed
interest
together with the
accrued
thereon
to
the
date fixed for redemption, plus a
premium of 3% of such principal
if
amount
1954; 2%
and
if
on
or
-
redeemed
if
Jan.
on
redeemed
1,
thereafter
prior to Jan. 1, 1958; 1%
redeemed
thereafter and
or
on
prior to Jan. 1, 1963;
Vz of 1% if
redeemed
and
thereafter
on
or
prior to Jan. 1, 1968; and without
premium if redeemed thereafter,
the
and
serial
deemed
their
in
bonds
the
inverse
maturities
amounts
of
the
may
at
the
bonds
be
;84,C00
1951
from
re¬
2V4S.
p.
Bond
;on,
April 1 from
on
1965 to
April
on
1971
Sale—The
1
inclusive.
Offering—Chas.
awarded
John-
State Treasurer, will receive
bids until 10 a.m.
(Calif.
on May 3 for the purchase
171,
John
to
Jr.,
bids
until
May
15 from
sive.
school
state
&
$1,000.
1952
Due
on
inclu¬
interes*
1963
to
and
payable
the County
Legality ap¬
at
office.
Herrington, of San Francisco.
San
build¬
Sch.
Elem.
Ravenswood
Mateo
coupon or
City. Legality approved
Sch.
Dist.,
County (P. O. Santa Rosa), Calif.
Bond
bonds
o.
Sale—The
offered
$69,000
March
school
20—v.
1087—were awarded
to
171,
Heller,
Bruce & Co., of San Francisco, on
a bid reflecting a net interest cost
lin,
March
$210,000
1951
bonds.
The
March
14—v.
171,
p.
988
awarded to Dean Witter &
demption. Principal and interest Co., of San Francisco, as iy2s, on
(J-J) payable at the Irving Trust a bid reflecting a net interest cost
Co., New York City. Legality ap¬ of about 1.48%.
proved by Mitchell & Pershing, of
Additional Sale
The $14,000
New York City.
Teagpe, School District bonds of¬
to
District
from
1
inclusive.
1975
Almaden
School
Union
on
fered
to
a
Bond Sale—The
$380,000 School
Dist. No. 14 bonds offered March
$8,000
21—v.
171,
p.
988—were awarded
Phoenix,
100.03,
a
jointly,
at
a
price
basis of about 2.39%,
of
as
follows:
$72,000
as 21/£s.
Due on July
from 1951 to 1954
inclusive.
186,000
as
2V4S.
Due
on
July
1
May 1
Dated
May 1, 1950.
Denomina¬
tion $1,000. Principal and interest
(M-N)
payable
at
the
County
Treasurer's
office.
Legality
ap¬
proved by Orrick, Dahlquist, Neff
&
Herrington, of San Francisco.
as
2M>s.
Due
on
July
1
Sale —The $215,000
Sch, Dist. No. 3 bonds offered on
as
on a
bid reflecting
culture
cost of about 2.60%,
State
and
Fort
follows:
21/2s. Due
on
April 1 from
1960 to 1967 inclusive.
6,000
as
1968
Bond
2%s. Due
to
1970
on
133,000
sold
April 1 from
inclusive.
Offering—E.
bids until
10:30 a.m.
(PST) on
April 4 for the purchase of $88,000
building bonds, divided as
building
Dunlap
School
Due
on
May
bonds
Boettcher
&
of
$1,-
has
Co.,
been
Peters,
Christensen, Coughlin
Co., and Bosworth, Sullivan &
Co., all of Denver, jointly, at a
price of par, a basis of about 3.66%
as
3y4s.
Due
on
Aug.
1
The
second
Shields
742,000
from
-
as
Co.,
Co.,
at
2.5.9%.
about
highest
&
bidder
was
Robinson-
and
jointly,
for
E.
—
sealed
bids
1950
bonds.
Dated
from
1951
3y2s.
Due
on
Aug.
1
33/4s.
Due
1969 to
on
Aug.
1
1983 inclusive.
J-J.
Legality
Sale
March
April 12 for the
$2,150,000 hospital
struction utility tax revenue
pur¬
a
con¬
on
of
'
by
The
—
1950
fire
$11,000
offered
bonds
22—v.
pon
registered
or
Dated Oct.
$1,000.
1955
1, 1948.
Due
on
cou¬
(A-O)
in
New
by
Le¬
Wood, King
City.
of New
State
York
Sale—The $125,000
Sale
build¬
ing bonds offered March 20—v.
171, p. 1188 — were awarded to
Paine, Webber, Jackson & Curtis,
of Chicago, as l3/4s, at a price of
100.008, a basis of about 1.74%.
Clear Lake, Iowa
(P. O.
College
works
Pocatello), Ida.
Bond
Sale—The
$150,000 build¬
ing
and
improvement,
revenue
1950, Series A bonds offered March
20—v.
171, p. 1088—were awarded
to John Nuveen & Co., of Chicago,
at
price of 98.07,
a
2.46%,
as
$55,000
l%s.
Due
on
July
1
from 1951 to 1959 inclusive.
38,000
as
from
57,000
2V4s.
Due
on
July
1
as
2ViS.
Due
on
The
2.19%.
Bonds
Nov.
on
inclusive.
2.52%.
30 for the
tax
(1950)
on
purchase of $9,-
corporate
anticipation warrants.
purpose
Legal¬
ity approved by Chapman & Cut¬
Chicago
Sch.
Con.
l3/4s,
as
at
with
the
Transit Authority, III.
scheduled
a
price
of
basis of about 1.73%.
bidder
a
100.15,
a
The second
Ravenscroft
was
Co., for 2s, at
Bond
Offering
City
Clerk,
bids
until
price of 101.52.
—
will
7:30
000
sealed
p.m.
special assessment bonds, di¬
vided
as
follows:
$28,000 Street Improvement bonds.
on
inclusive.
May
1
from
1951
to
|
21,000 Sewer Improvement bonds.
connection
Due
on
May
1
from
1951
to
1959 inclusive.
purchase
Sale of the
Dale A. Noel,
receive
(CST)
on
April 3 for the purchase of $49,-
of
$20,000,000 of equipment, includ¬
ing
elevated
cars,
trolley
and
motor
buses, the Authority will
cates for the balance.
Dist., Iowa
Halsey, Stuart & Co.,
Due
Financing—In
by
&
Newton, Iowa
Offering—Bryan HartDistrict Clerk, will receive
March
Ahlers
Carpenter,
awarded to
Warrant
900,000
1965
to
approved
Sale—The $100,000 build¬
Bond
&
(CST)
1, 1950.
Cooney of Des Moines.
highest
ILLINOIS
a.m.
1951
ing bonds offered March 21 were
second
sealed bids until 11
from
1
Legality
Bannister,
1
highest bidder was
Stern Bros. & Co., on a bid re¬
flecting a
net
interest cost of
nett,
dated March
are
Hudson
July
the Carleton D.
to
Co., both of Des Moines, jointly, as
2y4s, at a price of 100.51, a basis
of about
1960 to 1964 inclusive.
from 1965 to 1970 inclusive.
offered
Co., and Shaw, McDermott &
Due
follows:
as
Beh
The $98,000 water
March
16
—
bonds
awarded
were
basis of about
a
Iowa
Dist.,
Bond
IDAHO
Idaho
Sch.
Con.
Bond
Principal and in¬
payable
approved
Dawson,
Calamus
Oct. 1 from 1950 to
inclusive.
Petersburg.
&
IOWA
certificates.
Denomination
Dated April 1, 1950.
Ottumwa, la.
Bond
Sale—The
$150,000
park
171,
1088—were awarded to Halsey,
p.
v
In¬
approved
1.58%.
(EST)
chase
&
bonds
•
1950.
Jan.
171, p. 1088—were
Raffensperger, Hughes
Co., of Indianapolis, as l3/4s, at
price of 101.01, a basis of about
a.m.
Denver.
.
on
awarded to
10
pjay 25% in cash and issue $15,proved by Myles P. Tallmadge, of 000,000 in equipment trust certifi¬
.
1,
Due
inclusive.
Ross, McCord, Ice & Miller, of In¬
dianapolis.
Dated Feb. 1, 1950. Legality ap¬
-
April
1965
to
equipment
Baynard
until
p.m.
Swayzee, Ind.
Cook, Director of Finance, will
receive
2
2%s
Petersburg, Fla.
Offering
until
Denomination $1,000.
price of 2.66%.
a
Certificate
Plans
from 1962 to 1968 inclusive.
from
73,000 Reedley Joint School Dis¬
trict bonds.
Due on May 1
from 1955 to 1970 inclusive.
as
of
terest
of
bids
April 3 for the purchase
$15,000 municipal building of
1959
from 1951 to 1961 inclusive.
District
1
as
on
ler, of Chicago.
follows:
$189,000
1960 inclusive.
to
issue
sealed
Chicago Sanitary District, III.
Colo.
&
202,000
1951
Mechanics
Collins),
Georgia, of Atlanta
basis
June 30,
on
Whitley, Ind.
—
Lucy Keller,
Clerk-Treasurer, will re¬
(CST)
100.05,
a
Dated
notes.
Due
Ottering
ceive
1
of Agri¬
(P. O.
&
Dusenberry,
County Clerk, will receive sealed
$10,000
to
Writer
College
Sold—An
Bonds
as
bonds.
1
from 1965 to 1970 inclusive.
Additional
net interest
Colorado
of
E. M. Newton & Co., of Bos¬
about
COLORADO
awarded
were
follows:
from 1955 to 1964 inclusive,
122,000
above date
Blyth & Co.,
Maricopa County Sch. Dists. (P. O.
Phoenix), Ariz.
to John Nuveen & Co., of
Chicago,
and Kenneth A. Ellis &
Co., of
on
Co.
1950.
ton, jointly, as 2.60s, at a price oi
from 1951 to 1970 inclusive.
—
ARIZONA
and
on
School
May
on
District bonds. Due
$100,000 Au-
berry Union School District bonds
offered
40,000
Due
22—v.
gality
on
School
pur¬
$420,000
31,
Town
March
York City, or St.
May 1
inclusive.
1971
to
Whisman
1951
—
Due
p.m.
South
$500,000 build¬
offered
re¬
7:30
of
Bond
Fla.
receive
(PST)
View
Mountain
from
83,000
County Sch. Dists. (P. O.
Fresno), Calif.
Sale
Trust
the
for
District bonds.
bid reflecting a net interest cost
of about 1.97%.
—were
27
will
a.m.
No.
will
until
1950.
171, p. 887—were awarded to the
purchase of
$333,000 school coupon or regis¬
tered bonds, divided as follows:
a
Bond
Clerk,
bids
March 28 for the
on
Bond
Offering—Albert J. New-
County
of about 1.96%. The second highest
bidder was Dean Witter & Co., on
Fresno
bonds
City),
sealed bids until 11
Commissioners,
sealed
(CST)
Special Tax
1
(P. O.
West),
Bond Sate—The
ing
St.
Clara
Bond
Dist.
Key
and 2.60s,
County Sch. Dists.
(P. O. San Jose), Calif.
Sonoma
School
ceive
chase
County
Sch.
terest
Santa
•ington, of San Francisco.
Union
Monroe
Humphrey
Dist.,
fice.
by Orrick, Dahlquist, Neff & Her-
Dunbar
of about 2.36%.
County (P. O.
Redwood
registered
Dated May 1, 1950. Denom-
New York
of
p.m.
Calif.
Bond Offering—W. H. Augustus,
oonds.
nation $1,000. Due 011 May 1 from County Clerk, will receive sealed
bids until 10 a.m. (PST) on April
1952 to
1976 inclusive.
Principal
4
for
the
purchase of $142,000
and interest (M-N) payable at the
school bonds.
Dated July 1, 1949.
State Treasurer's office, or at th^
Denomination $1,000. Due on July
option of the holder, at the office
1
from
1950
to
1969
inclusive.
of any duly authorized agent of
;he State Treasurer, including the Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
agent of the State Treasurer in
ing, Series A
both
FLORIDA
ealed
$50,000,000
Business Director of the Board of
1950
Moore,
proved by Orrick, Dahlquist, Neff
DST)
if
Chicago.
171, p. 988—were awarded to Laird
& Co., and Laird, Bissell & Meeds,
will
1:30
Principal
by
March
receive
(PST)
on
April 17 for the purchase of
$44,000 school coupon or regis¬
tered bonds.
Dated M?,y 15, 1950.
Clerk,
County
sealed
inclusive.
Legality
Chapman & Cutler,
1979
to
INDIANA
County
Offering—Fred J.
bonds.
coupon
1, 1950. Denomina¬
Due on Sept. 1 from
Indianapolis Sch. City, Ind.
Note Offering — M. V.
Bailey,
(P. O. Eureka), Calif.
Bond
April
on
March
approved
of
(CST)
a.m.
$1,000.
1950
Davis,
sealed
purchase of $2,075,000
revenue
Dated
tion
10
the
D.
Safe—The $210,000 school
bonds offered March 21—v
Wilmington, jointly, as
2%s, at a price of 100.12, a basis
Elementary
Union
Humboldt
Dist.,
Treasurer's
G.
21—v.
Nuveen & Co., of Chicago.
(M-N)
(State of)
school
$39,000
March
offered
Denomination
inclusive.
Due
California
principal
be
171,
v.
for
F.
receive
—
will
Clerk,
bids until
iiona
Merced), Calif.
1087—were
$124,000
price of 100.02,
a
Due
1964
to
as
of
deemed together with the interest
thereon to the date fixed for re¬
2s.
as
40,COO
re¬
order
to
Bond
Sch.
basis of about 2.13%, as follows:
term
bonds, a
premium of 4% of such principal
sold at
were
City
Offering
Harrington Spec. Sch. Dist., Del.
Dist., Merced County
(P. O.
McKinleyville
bonds purchased by the
California Bank, of Los Angeles,
plus a premium as
shown herein, the redemption pro¬
visions being as follows: In whole,
case
Sch.
III.
Decatur,
Bond
DELAWARE
>
Bond Sale Details—The
i
&
Elementary
Union
Livingston
ouilding
redemption,
the
Sonoma
California
part, at a redemption price of par
and accrued interest to the date of
In
Union Sch. Dist.,
County (P. O. Santa Rosa),
stated in the Indenture hereinafter
Bank
Co., 777 Main Street, Hart¬
ford, until 3 p.m. (EST) on April
3
for
the
purchase of $285,000
11
p.
is
National
Corporation, ac¬
cording to Chicago press advices.
water
cisco.
1,
redeemable
are
21—v.
Hartford
struction Finance
Trust
Co., of Los Angeles, school 1950 coupon bonds. Dated
21/4s, at a price of 100.07, a basis March 1, 1950. Denomination $1,of about 2.24%. The second high¬ 000. Due on March 1 from 1951 to
est bidder was Bank of America 1970 inclusive. Legality approved
National Trust & Savings Associa¬ hv Robinson, Robinson & Cole, of
tion, San Francisco, for 2y2s, at a Hartford.
price of 102.43.
bonds
Denomina¬
1950.
bonds
the
ity approved by Orrick, Dahlquist,
& Herrington, of San Fran¬
Belle cue
will receive sealed bids at
vately or used as security for a
$15,000,000 loan from the Recon¬
as
Neff
inclusive,
industrial water
5,500,000
nue
Jan. 1 from
on
1967
to
the
Calif.
certificates may be negotiated pri¬
Lyme, Conn.
Bond Ottering—Walter L. Spen¬
cer, Chairman of the Board of Fi¬
nance,
$150,000 school
March
CONNECTICUT
East
liam R. Staats
W. T. Paasch,
—
O.
P.
171,
1087—were awarded to the Wil¬
p.
California
Offering
Offering
1955
Ana),
Dist.
Sale—The
offered
bonds
Secretary
nue
Sch.
Santa
County (P. O. Martinez),
Eond
Leake,
Habra
La
Contra Costa
Dist.,
Denomina¬
1950.
1,
Principal and inter¬
(M-N) payable at the County
Treasurer's office.
basis of about 2.39%.
a
Alamo
2.31%.
Ala.
est
May
$1,000.
Bond
Robinson-Humphrey Co.,
of Atlanta, jointly, as 2y2s, at a
price of 100.96, a basis of about
Bond
at
Dated
tion
CALIFORNIA
the
Mobile,
2l/4s,
as
100.001,
171, p. 1188—were awarded
Equitable Securities Corp.,
the
awarded to Refs-
were
Ely, Beck & Co., of Phoenix,
Boettcher & Co., of Denver,
nes,
offered
March
20—v.
Volume
Stuart
of
&
4893
THE
second
highest bidder was
Paine, Webber, Jackson & Curtis,
for
13/4S, at
a
price of 101.81.
KENTUCKY
Pulaski
O.
County (P.
Bankers
was
of
Bedford
Housing
Authority,
Massachusetts
2%%
refunding bonds offered March
17—v. 171, p. 1088—were awarded
to Fox, Reusch & Co., of Cincin¬
nati, at a price of 102.91, a basis
of about 2.58%. The second highest
bidder
on
$315,000 First Series l.otes. Dated
April 10, 1950. Due on April 10,
1951. Legality approved by Cald,vell, Marshall, Trimble & Mit¬
chell, of New Yoik City.
New
Somerset), Ky.
Sale—The
$75,000
Bond
COMMERCIAL
Co., as 112S, at a price1 Boston, until 11 a.m. (EST)
March
30
for
a basis of about 1.48%.
the
purchase
100.15,
The
Number
171
Bond
Co.,
Louisville, 102.75.
Note
ond
Sale—The
Series
to
the
C.
J.
Chase
offered
Sec¬
March
National
Devine
Bank, and
Co., both of New
&
York,
jointly, at 0.76% interest.
The
second
highest bidder was
J.
P.
Morgan & Co., Inc., and
Second
LOUISIANA
$1,430,000
notes
23—v. 171, p. 1189—were awarded
National
Bank,
Boston,
jointly, 0.83% interest.
Beauregard Parish Sch. Dist. No. 3
O. DeRidder),
(P.
Bond
Northampton,
La.
Bond
Offering—K. R. Hanchey,
Sale
The
—
School
Board, will receive sealed bids un¬
til 10 a.m. (CST) on April 18 for
the purchase of $500,000
school
bonds. Dated May 1,1950. Denom¬
ination $1,000.
Due from 1951 to
1970 inclusive. Legality approved
by Charles & Trauernicht, of St.
department
Louis.
Denomination
Secretary
Parish
the
of
March
16
Davis
Parish,
Road District No.
Jennings),
Offering
Bond
1
Welsh
of
of
1
1951
from
on
1965
in¬
Principal
to
and
interest
of
Boston.
proved
Legality ap¬
Storey,
Thorndike,
Dodge of Boston.
by
Palmer
&
Pittsfield
Housing Authority, Mass.
Housing Authority, Mass.
Note Sale—The $1,405,000 Sec¬
ond Series notes offered March 23
1189—were awarded
National Bank, and
C. J. Devine & Co., both of New
York, jointly, at 0.78%. The sec¬
ond highest bidder was J. P. Mor¬
—v.
171,
gan
p.
Chase
the
to
Co. Inc., and Second Na¬
Bank, Boston, jointly^ at
&
tional
0.83%.
Chairman,
will
sealed
bids
office
the
at
the
of
Street, Boston, until 11
March 30
for
the
a.m.
(EST)
purchase of
10,
1950.
Bank
of
nue
offered March
notes
awarded
the
to
21
were
National
Second
Boston, at 0.68% dis¬
count. Dated March 22, 1950. Due
of
Bank,
Nov.
on
10,
Legality
1950.
proved
Heenehan
York
Offering
Mass.
Ardie, City Treasurer, will receive
sealed bids until 11 a.m. (EST) on
March
28
the
for
Denomination $1,000.
Due
on April
1 from 1951 to 1970 in¬
clusive.
Principal
and
interest
payable
(A-O)
tional
First
the
at
Bank, of Boston,
or
Na¬
at the
City Treasurer's office.
Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.
sealed
bids
March
Sale—The
$800,000
the
Co., of Lynn, at
0.73%
are
29
on
Nov.
17, 1950.
Note
nue
Sale
—
The
offered
notes
(EST)
a.m.
purchase of
Mass.
$400,000
March
reve¬
Palmer
&
Saugus, Mass.
Note Sale—The $200,000 tax an¬
ticipation notes offered March 22
awarded
0.78%
the
to
Bank,
discount.
at
Due
National
Boston,
Weymouth,
Mass.
water
department
notes.
1951
to
Due
1955
Dated April 1, 1950.
tion
$1,000.
tional
Principal
on
equip¬
April 1
offered
to
the
—
March
21
Merchants
of Boston,
were
awarded
National
Bank,
at 0.65% discount.
Note Offering—John
each
on
Note
Sale—The
bond
called
1.
Oct.
1,
1968;
called
premium of $20.
Burr
Oak, Mich.
Bond Offering — Carl Leyda,
Village Clerk, will receive sealed
bids
until
7:30
p.m.
(EST) on
April 3 for the purchase of $110,000 water
supply system revenue
"April 1, 1950. De¬
Dated
nomination
$1,000. Due
on
Oct 1
from 1954 to 1988 inclusive. Bonds
ton, Chairman, will receive sealed
bids at the office of the State
maturing in 1974 to 1988, shall be
subject to redemption prior to
Housing Board, 18 Tremont Street,
maturity
in
inverse
numerical
April
on
1
second
highest bidder
Nuveen
wa:
&
Co., and Miller.
Kenower & Co., jointly, for 2%s.
2s and l%s, at a price of 100.14
basis
a
of
aoout
Manistee
Note
Due
2.u4%.
Sch.
Offering
Dist.,
Mich.
for
redemption
1971, but
1,
1974;
on
$10.00
interest
and
of the
be¬
or
each
on
30,
July 1, 1950.
Principal
1951.
payable at the office
Board of Education.
County (P. O.
Big Rapids), Mich.
Sale—The
offered
to
March
the
the
Big
$21,000
17
Citizens
were
State
Rapids
for redemption after Oct.
but
on
or
before Oct.
1, 1977,
1,
Savings
and
Bank,
Principal and interest (A-O)
able
at
bank
a
trust
or
18, 1950
May 1 in 1950 and 1951.
Principal and interest (M-N) pay¬
able
pay¬
office.
the
at
County
designated by the purchaser.
Legality approved by Miller Canfield, Paddock & Stone of Detroit.
Detroit, Mich.
Bond Offering—John H. Wither-
(EST)
chase
Controller,
March
on
of
will
until
re¬
10
the
29 for
a.m.
pur¬
$764,000
general obliga¬
tion registered bonds.
Fraser,
Bond
Sale
—
Mich.
The $53,000 water
and refunding
bonds offered March 15—v.
989—were
Bank,
awarded
to
Twp.,
R.
Bond
F.
No.
D.
offered
171,
the
p.
State
25,000
1 %s. Due
1951
as
1 MjS.
on
1959
to
Fraser, and the First
State Bank, of East Detroit, joint¬
ly, as 2%s, at a price of par.
Due
April
1
inclusive.
on
April
1,
1960.
The
Pointe),
bid
Mich.
highest bidder
was
Jones B. Shannon & Co., and S. R
Livingstone
Crosse Pointe Woods (P. O.
Co., jointly, on a
net interest cost
&
reflecting
Bond
bonds
bids
Montrose
No.
until
8 p.m. (EST) on April
purchase of $80,000 tax
anticipation
1950
notes.
Dated
April 1, 1950. Denomination $20,for
SaAc—The $250,000 school
March 20—v. 171,
offered
1089—were awarded to the First
p.
Michigan Corporation, at De¬
troit, at a price of 100.01, a basis
of about
2.04%, as follows:
$100,000
as 2V4S.
Due on July
from 1951 to 1958 inclusive.
as
2s.
Due
16
Sch.
Dist.
(P. O. Montrose),
Edina, Minn.
Sale—The $108,000 water,
Bond
and
sewer
bonds
street
offered
improvement
March
13—v.
989—were awarded
p.
to
171,
the Al¬
lison-Williams Co., J. M. Dain &
Co., and Piper, Jaffray & Hopwood, all of Minneapolis, jointly,
as
1.70s,
at
price
a
of
100.12,
a
1.67%. The second
highest bidder
National
Northwestern
was
Bank,
Minneapolis, and
Mannheimer-Egan, Inc., jointly,
for
1.80s, at
Bond
a
price of 100.51.
Iron,
Offering
Minn.
Albert Fiola,
—
Village Clerk, will receive
until
7:30
sealed
(CST)
p.m.
on
March
27
for
the
purchase of
$200,000 build¬
t $275,000
water, electric power and
ing bonds offered March 20 — v. steam
system revenue bonds.
000.
Due on Sept. 1, 1950.
Prin¬ 171!, p. 1089—were awarded to
cipal and interest payable at the Paine, Webber, Jackson & Curtis,
Ramsey County Indep. Sch. Dist.
No. 36 (P. O. New
Grosse
Pointe
Bank,
Grosse of Chicago, at a price of 100.002, a
Brighton),
Pointe.
Minnesota
basis of about 2.11%, as follows:
Bond Offering—C. G. V. Carl¬
Howard Twp., Howard Community $125,000 as 2V4S. Due on Nov. 1
son, District Clerk,
will receive
from 1951 to 1961 inclusive.
Sch.
Dist.
R.
R.
No.
No.
Niles),
1
(P.
Box
1,
O.
as 2s. Due on Nov.
1962 to 1966 inclusive.
8
Mich.
Offering—Dennis Parker,
coupon
1950.
(EST)
p.m.
bonds.
on
Dated
March
28
March
1,
Denomination
$1,000. Due
April 1 from 1951 to 1960 incl
able
at
a
bank
or
trust
1 from
75,000
222,
Secretary of the Board of Edu¬
cation, will receive sealed bids
until
Sale—The
Bond
pay¬
company
The
second
highest bidder
was
District
ler,
ceive
sealed
bonds.
of
De¬
No.
20
Twp., Burke Sch. Dist.
Offering—R. D. Forward,
til 8 p.m.
(EST)
Secretary,
bids
until
will
re¬
5
1950.
(EST) on March 27 for
of $80,000 school
bonds. Dated March 15,
Denomination
$1,000.
Due
on July 15 from 1951 to 1966 incl.
Principal and interest (J-J) pay¬
able at the First National Bank
Trust
on
April
10
for
the
Wadena
p.m.
pur¬
$425,000 building coupon
May 1, 1950.
De¬
nomination $1,000. Due on May 1
of
1, 1950.
Due on July 1 from
Dated
County Indep. Sch. Dist.
No. 33 (P. O. Menahga), Minn.
Bond Offering — Pearle Qualey,
District
Clerk, will receive sealed
bids until 2 p.m. (CST) on March
28
for
the
purchase of $65,000
Prin¬ building
coupon
bonds.
Dated
(M-N) payable April 1, 1950. Denominations $1,at a bank or trust company desig¬ 000 and $500. Due on April 1 from
nated by the purchaser.
Legality 11953 to 1975 inclusive. Principal
approved
by
Miller,
Canfield, and interest payable at any suit¬
able
Paddock & Stone, of Detroit.
banking institution
desig¬
from 1951 to 1965 inclusive.
nated
Troy
purchase
coupon
on
bonds.
Denomina¬
coupon
cipal and interest
(P. O. Kalamazoo),
Michigan
the
April
(CST)
purchase
the
I able bank or trust company desig¬
Spring Lake Twp. Sch. Dist. No. 2 nated by the purchaser. Legality
approved by Faegre & Benson, of
(P. O. Spring Lake), Mich.
Bond Offering—Charles E. Mil¬ Minneapolis.
chase of
Stone,
Dated
for
building
2.36%.
field,
&
29
$150,000
Braun, Bosworth & Co., Inc., and
tion $1,000.
McDonald-Moore
& Co., jointly,
i 1952 to 1968 inclusive.
Principal
for 2V2S and 2V4S, at a price of
! and interest payable at
any suit-
designated by the purchaser. Le¬
gality approved by Miller, CanPaddock
sealed bids until 8 p.m.
| March
&
Co., of Kalamazoo. Legality
approved
by
Miller,
Canfield,
Paddock & Stone, of Detroit.
Township (P. O. Route 2,
Birmingham), Mich.
Bond Offering—Norman R.
Bar¬
by the purchaser. Legality
approved by Dorsey, Colman, Bar¬
ker, Scott & Barber, of Minne¬
apolis.
nard, Township Clerk, will receive
sealed bids until 8 p.m. (EST) on
March
28
for
the
purchase of
MISSISSIPPI
Harrison
$235,000 water supply system jun¬
ior revenue coupon bonds.
Dated
1, 1950. Denomination $1,on April 1 from 1954 to
1979 inclusive. The bonds will be
March
and
000.
16
Due
County (P. O.
Gulf port),
Bond
Sale
bridge
were
—
Miss.
The
bonds
awarded
$275,000 road
offered
to
March
White, HatSanford, of New Orleans,
Manistee County, Norman-Dickson
subject to redemption prior to ma¬ on a bid reflecting a net interest
Agric. Sch. Dist. No. 2 (P. O.
turity. at the option of the Town¬ cost of about 2.24%, as follows:
Brethren), Mich.
ship, in inverse numerical order,
$100,000 as 2%s. Due on March 1
Bond Sale—The $200,000 build¬
on any one or more interest pay¬
from 1958 to 1961 inclusive.
ing bonds offered March 22 were ment dates on and after April 1,
50,000 as 2V4S. Due on March 1
awarded to H. V. Sattley & Co.,
1951, at the par value thereof,
in 1962 and 1963.
McDonald-Moore & Co., both of and accrued interest, plus a pre¬
125,000 as 2s. Due on March I
Detroit, and Walter J. Wade Inc., mium on each bond in accordance
from 1964 to 1968 inclusive.
of
Grand
Rapids, jointly, at a with the following schedule, to
The $275,000 road and
bridge
price of 100.01, a basis of about wit: $50 if called for redemption
bonds are <£ated Sept I*
on or after April 1, 1951, but be¬ coupon
2.0004%, as follows:
tier
&
*
t
was
MINNESOTA
bids
Michigan
the
*
highest bidder
Mountain
Frac.
July 1 from
on
John Nuveen &
Co., for 2y4s and
2V2S, at a price of 100.08, a basis
of about 2.17%.
a
Twp.
1
1967 inclusive.
second
Note
4
Twps. Frac*
(P. O. Grand
8), Mich.
Rapids
of about 1.74%.
Offering—Philip F; Allard
Village Clerk, will receive sealec
to
Principal and inter¬
basis of about
second
re¬
prior
to
Sattley & Co., of Detroit
Sutherland & Co., Inc.,
of Toledo, jointly, at a price of
100.04, a basis of about 1.69%, as
as
time
any
out¬
for
(A-O) payable at the Detroit
Co., Detroit. Legality ap¬
by Claude H. Stevens, of
Berry, Stevens, Barbier & Evely,
22—v.
awarded
and Ryan,
from
then
called
proved
V.
$175,000
be
Trust
The
3,
March
1189—were
p.
bonds less
no
issue
est
1959 to
Sale—The $200,000 build¬
bonds
171,
H.
shall
demption at
April 1, 1956.
Custer Frac.
of
Grosse
standing
Con. Sch. Dist. No. 4 (P. O.
ing
entire
150,000
Monroetown
follows:
extension
revenue
the
Treasurer's
Monroe), Mich.
bids
provided, that
than
company
to be
spoon,
City
ceive
sealed
before April 1,
1971, $10 if
for redemption on or after
April 1, 1971, but before April J,
1976, and no premium if called for
redemption on or after April I,
of
on
1980.
called
but
awardec
Due
each bond called
if
Sch. Dist. No. 8
1, 1977; $5.00
on
$40
called
notes
Bank,
dated March
are
1956,
Wyoming and Paris
both of Big Rapids, jointly, at 5%
Notes
1,
on or after April 1,
1956, but oefore April 1, 1961, $30
if
called
for redemption
on
or
after
April
1, 1961, but before
April 1, 1966, $20 if called for re¬
demption on or after April 1, 196*6,
of Detroit.
Mecosta
Note
April
1976:
Dorr Johnson,
—
Dated
June
on
for
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
an¬
Due
bond called for redemption after
Oct. 1, 1974, but on or before Oct.
Bond
$15,000 tax
The
John
redemption after Oct. 1, 1968, but
on or before Oct.
1, 1971; $15.00 on
at the Merchants Na¬
M. Hamil¬
$20.00
Kalamazoo
Barry and Eaton Counties, Kellogg
Rural Agric. Sch. Dist.
(P. O.
Nashvile), Mich.
bonds.
Millbury Housing Authority, Mass.
1,
inter¬
MICHIGAN
a
The $500,000 notes
Oct.
1965; $25,000 on each bond called
for redemption after Oct.
1, 1965,
but
on
or
before Oct.
Denomina¬
Bank, of Boston.
Middlesex County (P.
Sale
before
or
troit.
p.
Note
on
inclusive.
and
iy2s.
1965.
pation notes.
but
or
$45,000
from
1957 to 1964 inclusive.
as
1962,
on
after
Principal and interest (A-O)
25,000
1
1,
1962;
$30.00
on
each
bond
called for redemption after Oct.
1,
1, 1959. but
redemption
on
water supply notes. Due
April 1 from 1951 to 1965
April
on
fore
45
for redemption
til 7:30 p.m. (EST) on April 10 for
the purchase of $64,500 tax antici¬
for
follows:
inclusive.
1
before Oct.
called
for the purchase of $100,000 school
on
from
each
on
April
on
Due
2s.
as
15,000
pre¬
Offering—Harry I. Grang¬
er, Town Treasurer, will receive
sealed
bids until 11 a.m.
(EST)
on
March 28 for the purchase of
$70,000 coupon notes, divided as
Merchants National Bank, of Bos¬
O. East
Cambridge), Mass.
$35.00
a
Due
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
Oct.
15,
Note
interest, plus
follows:
as
bond
Bond
21—v.
Boston, at 0.68% discount.
mium
at
Nov.
on
1189—were awarded to the ticipation notes offered March 20
—v.
171, p. 1189—were awardec
to the Security National Bank, oJ:
ton, at 0.67% discount. The second
Battle Creek, as 2% interest, plus
highest bidder was Day Trust Co.,
171,
accrued
1950.
Legality
approved
by
Storey,
Thorndike, Palmer & Dodge, of
Boston.
Melrose,
the
Thorndike,
est payable
due
for
11
Dodge, of Boston.
awarded to
discount.
Notes
and
L.
Dated March 29,
Denomination $50,000 and
Storey,
notes
were
Trust
until
ment
offered March 22
Essex
New
$25,000. Due on Nov. 21 and Dec
5,
1950.
Legality
approved
by
Lynn, Mass.
Note
of
Oct.
terms shall be
redeemed at the par value thereof
Tyler, City Treasurer, will receive
of
purchase
$725,000 classical high school loan,
Act of 1950 coupon or registered
bonds.
Hanrahan,
Quincy, Mass.
Note Offering — Mildred
Shawmut
Daniel J. Mc-
—
&
City.
were
Bond
Legality
ap¬
Sullivan,
Donovan,
by
ap¬
proved
by
Ropes,
Gray,
Best,
Coolidge & Rugg, of Boston.'
Lynn,
Boston.
after
or
suant to the above
and interest
payable at the National Shawmut
1950.
$1,000,000 reve¬
on
1, 1953.
Bonds called for redemption
pur¬
Principal
$1,000,000 notes.
Fitchburg, Mass.
date
2V4S.
as
120,000
to
a
(1301)
from 1951 to 1956 inclusive.
be
as
maturity
re¬
funding at the option of the Vil¬
lage, on any one interest payment
receive
State Housing Board, 18 Tremont
on
Note Sale—The
shall
Note Offering—Frank A. Wood-
head,
whole
redemption prior
for the purpose of
to
fore
Fifth
Series
notes
Dated April 10, 1950. Due on Oct.
Chelsea
issue
Oct.
$1,750,000
MASSACHUSETTS
this
subject
bond
on
Chicago.
of
after
Due
$65,000
1, 1959;
provided, however, that the bonds
each
$1,000.
CHRONICLE
on any one or more interest
second
highest bidder was Coffin
& Burr, for iy>s, at a price of
par.
Bonds are dated April 1, 1950.
FINANCIAL
payment dates after Oct.
Boston, as 1V2S, at a price of
101.07, a basis of about 1.34%. The
Bank
C.
Walter
the Police
Jury, will receive sealed bids un¬
til 10 a.m. (CST) on April 20 for
the
purchase
of
$110,000
road
bonds. Dated May 1, 1950. Denom¬
ination $1,000. Due on May 1 from
1951 to 1960 inclusive.
Legality
approved by Chapman & Cutler,
Secretary
Peters,
the
to
payable at the Merchants National
La.
—
offered
awarded
were
clusive.
(P. O.
bonds
Rockland-Atlas National Bank, of
April
Jefferson
loan
Mass.
$80,000 water
order,
&
46
1948.
on
$1,000.
Denomination
March 1 from 1958 to 1968
interest
(A-O) payable at the First Bank
of Biloxi.
Legality approved by
Charles
&
Trauernicnt, of
St.
and
Principal
clusive.
Sale
Additional
—
equipment
transportation
notes offered
on
awarded
the
to
Authority,
until
Sewerage
sealed
Chairman
bids
receive
will
(EST) on March 30 for the
purchase of $1,500,000 sewer reve¬
nue coupon bonds, divided as fol¬
The $8,000
Louis.
school
Authority, N. J.
Bond Offering—Albert H. Molt,
date were
same
8 p.m.
lows:
$1,000,000 Series S bonds. Due on
March 1 from 1953 to 1990 in¬
National
Gulf
Bank, of Gulfport, as 3V2S, at a
price of par.
,
The $8,000 transportation equip¬
ment bonds
are
dated April 1,
1950. Denomination $1,333.33, ex¬
clusive.
Series T
1, 1990.
500,000
Due
bonds.
March
Dated March
1,1950. Denomina¬
Principal and interest
cept one for $1,333.35.
Due on (M-N) payable at the Camden
April 1 from 1951 to 1956 inclu¬ Trust Co., Camden.
Legality ap¬
sive.
proved
by
Caldwell,
Marshall,
Trimble & Mitchell, of New York
MONTANA
tion $1,000.
City.
Mont.
Bond Offering—Ann Guy, City
Glendive,
Clerk, will receive sealed bids un¬
(MST) on April 10
for the purchase of $106,000 bonds,
7:30
til
p.m.
divided
follows:
as
Lavallette, N. J.
Offering
Bond
Borough
Homer,
ceive
(EST)
on
D.
Gordon
—
will
Clerk,
until
bids
sealed
re¬
8
p.m.
April 7 for the purchase
of
$82,000 water 1948 coupon or
$102,000 special improvement (dis¬ registered bonds. Dated April 1,
trict No. 40 bonds. Denomina¬
1950.
tion $500.
on
dis¬
improvement
special
4,000
trict No. 41 bonds. Denomina¬
tion $100.
Havre, Mont.
Sale—The $485,000 water
bonds offered March 15—
revenue
$1,000.
Due
payable at the First National Bank
Legality approved
by Hawkins, Delafield & Wood, of
New York City.
of Toms River.
Dated May 1, 1950. Due on Jan.
1,1970. Principal and interest pay¬
able at the City Treasurer's office.
Bond
Denomination
April 1 from 1951 to 1960 inclu¬
sive, Principal and interest (A-O)
Montclair, N. J.
Bond Sale—The
$2,452,000 school
improvement and water
general
offered
bonds
21—v.
March
on
171, p. 990—were awarded to 171, p. 1089—were awarded to a
Blyth & Co., Foster & Marshall, syndicate composed of the Fidelity
of Seattle, Juran & Moody, of St. Union Trust Co., of Newark, White,
Paul, and Boettcher & Co., of Den¬ Weld & Co., A. M. Kidder & Co.,
ver, jointly, at a price of 100.05, a and Freeman & Co., all of New
basis of about 2.54%, as follows:
York, taking $2,450,000, as 1.60s,
$73,000 as 4s. Due on April 1 from at a price of 100.08, a basis of
v.
2V4s.
as
Due on April
New
from 1956 to 1958 inclusive.
348,000
2V2s. Due
as
April 1
on
from 1959 to 1970 inclusive.
(P. O. Plenty wood), Mont.
W. Platts,
District Clerk, will receive sealed
bids until 8 p.m. (MST) on April
14 for the purchase of $100,000
school addition bonds. Dated July
1,1950. Amortization bonds will be
Bond Offering c- H.
first
choice
and
serial
Trustees.
sue
If
(EST)
on
chase
of
School
and
bonds
sold and issued, the entire is¬
be
may
bond
put
into
divided
or
single
one
into
several
a.m.
March 29 for the pur¬
$675,500
New
Jersey
Municipal bonds.
from the
date
of
Central Sch. Dist. No. 3 (P. O.
North Syracuse), N. Y.
Bond Offering—William G. Co-
larocco,
ceive
District
will
until
2
March 28 for the
on
chase
Clerk,
bids
sealed
(EST)
issue.
If
day each
same
year
until all of such bonds
NEW
thereafter
are
paid.
re¬
Trust
Note
ceive
bids
until
4
L.
re¬
p.m.
(EST)
on
March 28 for the pur¬
chase
of
$200,000
April
1,
notes.
4
$275,000
ment
Offering — Gerard
City Treasurer, will
sealed
April
on
HAMPSHIRE
Berlin, N. H.
Morin,
Weekes, City Clerk, will receive
sealed bids until 3:30 p.m.
Dated
1950. Legality approved
by Storey, Thorndike, Palmer &
•Dodge, of Boston.
from
1951
to
1965
v.
2.90s, at
the
as
&
Wood, of New York
Bond Sale—The
$290,000 school
offered March 20—v.
171,
p. 889—were awarded to Ira
Haupt
bonds
^r.1.57%. The second highest
was
bidder
Blair, Rollins & Co., Inc., and
MacBride, Miller & Co., jointly,
for $290,000 as
l%s, at a price of
100.15.
and
Canisteo
Jasper), N.
Bond
1950
Sale—The
bonds
171,
bonds
March
dated
are
1,
re-offered at prices
were
yield from 0.90% to 2.60%, ac¬
cording to maturity. The Author¬
ity received four bids for the
issue, with the second high bid,
based
on
interest
net
a
about 2.5289%,
cost
of
being entered by
a
Bank
of
York.
New
•
of 2.5018% was
made by the National City Bank
of New York and Associates, and
the final offer of 2.5452%, came
from an account headed by Blyth
high
bid
& Co.
Among
the
associated
others
successful
Lehman
with
Brothers
account were:
Phelps, Fenn & Co.;
R. W. Pressprich & Co.; Goldman,
Sachs &
Co.; Shields & Company;
Manufacturers
Trust
Company;
Blair, Rollins & Co., Inc.; Merrill
Lynch, Pierce, Fenner & Beane;
F. S. Moseley & Co.; Alex. Brown
& Sons; Equitable Securities Cor¬
poration; Estabrook & Co.; Hemp¬
hill, Noyes, Graham, Parsons &
Co.; B. J. Van Ingen & Co. Inc.;
White, Weld & Co.; Coffin &
Burr, Inc.; Eldredge & 'Co. Inc.;
First
of
Michigan Corporation;
Hallgarten & Co.; Harris, Hall &
Co. Inc.; Hornblower & Weeks,
and Kean, Taylor & Co.
Richmond, Bristol, Canadice, South
Bristol, West Bloomfield and
Livonia Central Sch. Dist.
No. 1
(P.O. Canadaigua),
New
Bond
York
to
C.
p.
1
(P. O.
J.
Devine
&
22—
1039—were awarded to
and
Traders
1.80s, at
price of 100.12, a basis of about
1.77%. The second highest bidder
was C. E. Weinig Co., for
1.80s,
at a price of 100.11.
Keeseville, N. Y.
Sale—The
$22,500
improvement
bonds
March
171,
20—v.
awarded to the
p.
price of 100.76,
was
Marine
Freeman &
&
a
basis of about
The second highest bidder
Trust
Co.,
Buffalo,
Co., Rand & Co., Otis
Co., and Erickson Perkins & Co.,
jointly,
for
2.10s,
at
a
price
of
C. E.
100.64.
on
Chase
Na¬
(P. O. Sanford), N. C.
Sale—The $270,000
school
Series B bonds offered
March 21—v. 171, p. 1190—were
awarded to a syndicate composed
of the Kirchofer & Arnold, Asso¬
Bond
building,
Smithfield,
N.
The First Na¬
Memphis; Wm. E.
Pollock & Co., Inc.; Roosevelt &
Cross, Incorporated; Tripp & Co.,
Inc.;
Tucker.
Anthony
&
Co.;
Andrews & Wells, Inc.; Burr &
Company, Inc.; Darby & Co.;
Clement A. Evans & Company,
Incorporated.
C.;
tional Bank of
Pinehluff, N. C.
Sale—The
Bond
$17,000 bonds
offered March 21—v. 171, p. 1190
Inc., of Raleigh, J. Lee —were awarded to the Kirchofer
Peeler & Co., of Durham, Vance
& Arnold, Associates, Inc., of Ra¬
Securities Corp.,
of Greensboro,
leigh,
at
a
price
of
100.20, a
and R. S. Hays & Co., of Durham,
basis of about 2.78%; as follows:
at a price of 100.03, a basis of
$7,000 building and park bonds:
about 2.08%, as follows:
$2,500 as 3y4s, due on April 1
$36,000 as 6s. Due on June 1 from
from
1952 to 1956 inclusive,
1951 to 1956 inclusive.
and
$4,500 as 2%s, due on
94,000 as 13/4s.
Due on June 1
April 1 from 1957 to 1965 in¬
ciates,
from 1957 to 1965 inclusive.
110,000
2y4s.
as
Due
June
on
clusive.
1
from 1966 to 1976 inclusive.
30,000
IV2S.
as
Due
June
on
10,000
from
Equitable Securities Corp., for 5s,
2s, 2y4s and 13/4s, at a price of par.
to
$7,500
highest bidder was
The
J.
as
on
1956
inclusive, and
23/4s, due on April 1
1957 to 1967 inclusive.
second
Lee
bonds,
$2,500 as
April 1, from
due
1952
from 1977 to 1979 inclusive.
The second
water
314s,
1
highest bidder
Peeler
was
&
Co., and Vance
Securities Corp.,Greensboro, joint¬
North Carolina (State of)
Bond
Sale—The issue of $75,- ly, for 214 s and 3s, at a price of
000.000 secondary road coupon or
registered bonds offered on March
22—v. 171, p. 990—was awarded
to
a
syndicate headed by the
Bank
National
Chase
York, at
interest
of
New
price of 100.4179, a net
cost of about 1.523%, as
a
follows:
100.10.
Raeford, N.
Bond Offering
—
C.
W. E. Easter-
ling, Secretary of the Local Gov¬
ernment
Commission, will receive
Raleigh,
sealed bids at his office in
until
for
11
a.m.
(EST) on March 28
purchase of $125,000 cou¬
bonds, divided as follows:
the
$14,500,000 4s. Due Jan. 1, as fol¬ pon
lows: $3,700,000 in 1953; $3,$95,000 water and sewer bonds.
500,000 in 1954; $3,600,000 in
Due on April 1 from 1953 to
1955, and $3,700,000 in 1956.
1976 inclusive.
iy4s.
follows:
Due Jan.
$3,800,000 in
1, as
1957;
$3,900,000 in 1958; $4,050,000,
1959; $4,150,000, 1960; $4,250,000, 1961; $4 400,000, 1962; $4,-
1963,
and
$4,700,000
22.550,000 iy2s. Due Jan. 1, as fol¬
lows: $4,850,000 in 1965; $4,-
30,000 street improvement bonds.
Due on April 1 from 1951 to
1964 inclusive.
Dated April 1, 1950. Denomina¬
tion $1,000. Principal and interest
(A-O) payable in New York City.
Legality approved by Mitchell &
Pershing, of New York City.
•
950,000, 1966; $4,100,000, 1967;
$4,250,000, 1968, and $4,400,000 in
4,200,000 iy4s.
Due Jan. 1, 1970.
All of the bonds
1, 1950.
OHIO
Barlow Local Sch.
1969.
are
dated Jan.
The Chase National Bank
Bond
Sale
struction
—v.
171,
—
Dist., Ohio
The
$35,000
con¬
bonds offered March
p.
17
990—were awarded to
and associated underwriters made Ryan, Sutherland & Co., of To¬
public reoffering of the bonds at ledo, as 2s, at a price of 100.88, a
prices to yield from 0.75% to basis of about 1.84%. The second
Note Sale—The $900,000 capital
bidder
was
Waterford
1.70%, according to maturity. The highest
notes offered March 21—v. 171, p.
1190—were
the
to
Rochester, N. Y.
street 1191—were awarded to the Guar¬
offered
price of 100.02.
a
Lee County
500,000,
York, jointly, as 2.10s, at
a
Bond
li/2s, at
in 1964.
2.04%.
March
price of 100.20,
a
highest bidder was J. Lee Peeler
& Co., and Vance Securities Corp.,
Greensboro, jointly, for 53/4s and
Co., Inc., and R. D. White & Co.,
a
Y.
offered
l%s, at
as
basis of about 1.72%. The second
33,750,000
Sale—The $934,000 build¬
awarded
lotte,
a
of New
Cen¬
$15,000 school
Manufacturers
&
Co., of New York, as 1.60s, at a
price of 100.20, a basis of about
1
Co., of New York, Blair, Rollins &
Woodhull,
Trust Co., of Buffalo, as
Glen Rock Sch.
Dist., N. J.
May
on
were
—
basis
to
inclusive.
City.
Bond Sale
The $35,000 water
bonds offered March 20 —v.
171,
p. 1089—were awarded to
Boland,
Saffin & Co., of New
a
Due
Delafield
tral Sch. Dist. No.
York,
1
ing 1950 bonds offered March 23
Cape May, N. J.
•
April 1, 1950. De¬
$1,000. Due on April
Jasper, Troupshurg,
price of 100.16,
registered
Dated
Cameron
a
of
improve¬
or
2.60s.
May
on
1995 inclusive.
Principal and interest (A-O) pay¬
able at the City Treasurer's office.
Legality approved by Hawkins,
NEW JERSEY
of about 2.86%.
(EST)
purchase
works
coupon
nomination
1
the
water
1950
bonds.
for
Due
to
from 1996 to 2000 inclusive.
p.m.
pur¬
of
facturers
21/2s.
1978
3,'502,000
Third
Co., New York
serial bonds are issued and sold
City, or at the Cicero State Bank,
they will be in the amount of $6,Cicero. Legality approved by Van700, except the first bond, which
dewater, Sykes, Heckler & Gallo¬
will be in the amount of
$6,200,
way, of New York City.
the sum of $6,200 will become
pay¬
able on July 1,
Dunkirk, N. Y.
1951, and the sum
of $6,700 will become payable on
Bond Offering — Laurence C.
the
from
National
NEW YORK
$1,067,000 building 1950
bonds, as the Board of Trustees
coupon or registered bonds. Dated
may determine upon at the time
March 15,1950. Denomination $1,of sale, both principal and inter¬
000. Due on Dec. 15 from 1950 to
est to be payable in semi-annual
1979 inclusive.
Principal and in¬
instalments during a period of 15
terest (J-D) payable at the Manu¬
years
from 1965 to 1977 inclusive.
9,538,000
syndicate managed by the Chase
Clay Cicero, Salina and DeWitt
bonds
amortization
Fund Roads and Bridges, will
addition
—
1950 and
receive sealed bids until 10:30
the second choice of the Board of
are
of)
ing Fund Commission, State High¬
way
Sheridan County Sch. Dist. No. 20
the
(State
Jersey
Bond Offering—The State Sink¬
In
Forsyth County (P. O. Winston- tional
Bond
Bank, the following are
Salem), N. C.
some of the other members of the
by Dillon, Read & Co. Inc., and
Bond Sale—The $5,000,000 school
underwriting
group:
Chemical
consisting of First Boston Corp.,
building bonds offered March 21
Bank
& Trust Company; Harris
Eastman, Dillon & Co., Goldman, —v.
771, p. 1089—were awarded to Trust &
Sachs &
Co., Ladenburg, ThalSavings Bank; Blyth &
a
syndicate composed of Phelps,!
mann & Co., and Lazard Freres &
Co., Inc.; C. J. Devine & Co.; The
Fenn & Co., Stone & Webster Se¬
Philadelphia National Bank; Union
Co., all of New York, has pur¬ curities
Corp.,
Paine,
Webber,
Securities
chased a new issue of $6,500,000
Corporation;
Merrill
Jackson & Curtis, Coffin & Burr,
21/2% revenue bonds. The issue is
Lynch, Pierce, Fenner & Beane;
all of New York, First Securities
due on March 1, 1975 and is being
Equitable Securities Corporation;
Corp., of Durham, Hornblower &
Wachovia Bank and Trust Com¬
reoffered by the bankers at a price
Weeks,
Dominick & Dominick,
of
100.50
plus accrued interest
pany,
Winston-Salem,
N.
C.;
First
of
Michigan
Corporation,
from March 1, 1950. Legality ap¬
Hemphill, Noyes, Graham, Par¬
Laidlaw & Co., F. S. Smithers &
sons & Co.; A. C. Allyn and Com¬
proved by Hawkins, Delafield &
Co., Wm. E. Pollock & Co., and
Wood, of New York City.
The
pany, Incorporated; Harris, Hall
Byrne and Phelps, Inc., all of New
bonds are interest exempt in the
&
Company,
Incorporated; Lee
York, at a price of 100.05, a basis
opinion of bond counsel to the of
Higginson Corporation; The Ma¬
about 1.79%, as follows:
rine Trust Company of Buffalo;
Authority and of counsel to the
underwriters, under the existing $645,000 as 6s. Due on April 1 from Paine, Webber, Jackson & Curtis;
1951 to 1956 inclusive.
statute and court decisions from
Trust Company of Georgia; Ira
2,015,000 as IV2S. Due on April
Federal income taxes, and by vir¬
Haupt & Co.; Aubrey G. Lanston
1 from 1957 to 1966 inclusive.
tue of the Nassau County Bridge
& Co.. Incorporated; Carl M. Loeb,
2,340,000 as 13/4S. Due on April 1 Rhoades &
Authority Act from. New York
Co.; Otis & Co., In¬
from 1967 to 1977 inclusive.
State income taxes.
corporated; The Robinson-Hum¬
The second highest bidder was
phrey Company; Stranahan, Har¬
New York City Housing Authority,
Chase National Bank, New York, ris &
Company, Incorporated; City
New York
Blyth & Co., R. S. Dickson & Co., National Bank & Trust
Company,
Bond
Sale
The $21,275,000
Mercantile-Commerce
Bank
& Kansas
City.
New York City guaranteed
Trust
Co., St. Louis, Wachovia
Courts & Co.; F. W. Craigie &
Ravenswood
Houses,
project Bank & Trust
Co., Asheville, Rey¬
Co.; Fahey, Clark & Co.; Hirsch
NYC-20, offered on March 21— nolds &
Co., Ira Haupt & Co., An¬ &
v.
Co.; Laurence M. Marks & Co.;
171, p. 1190—were awarded to drews &
Wells, Inc., McDaniel
W. H. Morton & Co., Incorporated;
a
syndicate headed by Lehman Lewis
&
Co.,
and
McDonaldNational State Bank, Newark; F.
Bros., of New York City, at a Moore & Co., jointly, for 6s, iy2s
price of 100.023, a net interest and l%s, at a price of 100.05, a S. Smithers & Co.; Stifel, Nicolaus
& Company, Incorporated; G. H.
cost of about 2.4937%, as follows:
basis of about 1.81%.
Walker & Co.; William Blair &
$1,410,000 5s. Due on May 1 from
Kings Mountain, N. C.
Company; H. M. Byllesby and
1952 to 1957 inclusive.
Bond
Sale—The $18,000 water Company,
Incorporated; Com¬
2,066,000 2s. Due on May 1 from
and sewer bonds offered March 21 merce
Trust
Company,
Kansas
1958 to 1964 inclusive.
—v.
171, p. 1190—were awarded City; Dominick & Dominick; First4,759,000 2V4s. Due on May 1 to R. S. Dickson &
Co., of Char¬ Citizens Bank & Trust Company,
The
1
in Connecticut and Massachusetts.
Mineola), N. Y.
Sale—A syndicate headed
O.
(P.
about 1.59%.
1952 to 1955 inclusive.
64,000
Monday, March 27, 1950
NORTH CAROLINA
County Bridge Authority
Nassau
Sewerage
Gloucester City
Due
in¬
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(1302)
anty Trust Co. of New York, and
the Security Trust Co., of Roches¬
Weinig Co.,
of Buffalo, as
2s, at a price of ter, jointly, at 0.79%, plus
100.39, a basis of about 1.92%.
mum of $57.
a
mini¬
bonds
are
interest
exempt
from
present Federal income taxes and
tax exempt in the State of North
Carolina.
They are legal invest¬
ment for
funds
in
savings banks and trust
New
York
and
certain
other States and for savings banks
Bank, for 3s, at
a
price of 105.69.
Botkins, Ohio
Bond
Offering—V.
H. Blanke,
Village Clerk, will receive sealed
bids until
for
the
noon
(EST) on April I
purchase of $8,000 fire
\
Volume 171
bonds.
Dated
Denomination
Jan.
on
1
THE
from
Jan.
$1,000.
1951
to
1,
Sale—The
Series
sewer,
March
B
23—v.
Due
1958
incl.
April 17 for the pur¬
of $25,000 street
improve¬
chase
$18,000
bonds
171,
of
2Vis, at a price of
100.38, a
basis of about
2.21%. The second
Co.,
Inc.,
highest bidder was Breed & Har¬
Stranahan, Harris & Co., Inc., of
rison, for 2Vis, at a price of 100.14.
Toledo, Fahey, Clark & Co.,
Hayden, Miller & Co., and McDonald
Cleveland, Ohio
& Co., all of
Bond Offering—F. R.
Cleveland, jointly,
Hanrahan, as
2V2s, at a price of
Director of
102.16, a
Finance, will receive
until
noon
(EST)
on
April 11 for the purchase of
$11,440,000 unlimited tax
bonds, di¬
follows:
as
$750,000
city's
second
portion,
series
B
paving,
bonds.
on
Sept. 1 from 1951
inclusive.
300,000 park,
Due
fifth
series
on
Sept. 1 from
inclusive.
1962
59,000
street
lighting
Due
to
1960
to
improve¬
Due
1965
443,000 municipal airport, fourth
series bonds. Due on
Sept.
from 1951 to 1970
inclusive.
790,000
recreation,
bonds.
1951
Due
fifth
1
Co.,
First
Cleveland,
Cleveland
Shepard &
Mayer, Pohl
&
Co., and
Kreimer & Co.,
jointly, at
of
Fremont,
Offering
City Auditor,
for
will
noon
price
Peltier,
Bond
April 1
$27,000 sewer
Clerk
1951
to
1960
Due
on
on
of
Offering—W.
County
Auditor,
B.
will
on
to
on
1965
Cole,
sewer, second
bonds. Due on
Sept.
from 1951 to 1975
inclusive.
Howland
HfeiL,
•
bridge,
fourth
Due
1851
onj,000
'
on
bridge,
bonds.
1951
1.000,000
on
1975
from
Sept.
1
B
ination
viaduct bridge,
series
bonds.
Due
street
opening,
to
2/00,000
series
from
1975
sewage
on
1975
Sept. 1
1951
tion
disposal, second
to
1975
March
on
J. Frisch,
Education,
noon
for the
17
until
pur¬
of
$110,000 building bonds.
April 15, 1950. Denomina¬
$1,000. Due on Oct. 15 from
Dated
inclusive.
on
Offering—Joseph
Clerk of the Board of
will receive sealed
bids
inclusive.
Due
Interest
1951 to 1972 inclusive.
Sept. 1
proved
inclusive.
by Peck,
Legality
Shaffer &
ap¬
Wil¬
liams, of Cincinnati.
ated
t
t
May 1, 1950. Denomina$1,000. Principal and inter-
and
City
Offering—L. M. Thurston,
Clerk," Will- receive sealed
bids
until
p.m.
April 3 for the purchase
000
extension
bonds,
follows:
(CST)
of
Prospect Local Sch. Dist., Ohio
Bond Offering —
Donald Hick¬
on
(P. O. Chouteau), Okla.
Bond Sale—The
$40,000
bonds
offered
March
awarded
to
the
First
building
16
were
National
Sale
—
The
truck bonds offered
March
11—v.
171, p. 991—were awarded
to the
Peoples Bank of
171, p. 990—were
Tiltonsville, as
2V^s, at a price of par. The
awarded to Otis &
second
Co., of Clevehighest bidder was
und, as l%s, at a price of
Weil, Roth &
10L06,
Irving & Co., for
a basis of about
2%s, at a price
1.59%.
100.51.
Euclid, Ohio
Bond
Sale—The
$40,000
trans¬
portation
t>onds
system
improvement
offered March 20—v.
171,
990—were awarded
Co., of Cleveland, as
p.
to
Otis
lV2s,
price of 100.26, a basis of
1.41%. The second
was
at
&
a
about
Troy Local Sch. Dist., Ohio
Sale—The $82,200 build¬
ing bonds offered March
18—v.
171, p. 991
were
Bond
—
Ryan, Sutherland
Washington
—
offered March 3
Ohio
The
$40,000 con¬
equipment bonds
were
of
—
The
Schools
Superin¬
will
receive
sealed bids until 1
p.m. (CST) on
March 28 for the
purchase of $26,-
000 school
awarded to
Le¬
Townsend,
Philadelphia.
171,
office,
bidder
was
Sherrerd, for l3/4s,
Butcher
at
a
West
&
price of
100.57.
Mifflin, Pa.
Bond
Offering—Irene L. TrautBorough Secretary, will re¬
man,
ceive
sealed
bids
until
8
p.m.
(CST) on April 4 for the
purchase
of $250,000
general obligation cou¬
bonds. Dated
April 1, 1950.
Denomination $1,000. Due on
Oct.
pon
1 from 1951 to
1975
g a 1 i t y
inclusive.
approved
Churchill, Ruffin
Pittsburgh.
Le-
by
Burgwin,
Hazlett, of
&
Principal
RHODE
payable
as
p.
Aspden,
ISLAND
Cranston, R.
Note
designated
I.
Offering
William
City Treasurer, will
A.
—
re¬
Legality ap¬ Brown,
Winfree, McCulloch, ceive sealed bids until noon (EST)
on
March 27 for the
Sayre, of Portland.
purchase of
$500,000 sewerage loan, Act of
Eugene, Ore.
1939,
11th
Issue
notes.
Dated
purchaser.
&
Offering—Henry
Recorder,
to
one for
$397.74.
inclusive.
1960
F. Beis-
will
receive
a.m.
Due from
and interest
payable at
Treasurer's office.
Principal
the City
for
OREGON
(P.
County Sch.
O.
Dist.
No.
3
Kings Valley), Ore.
Bonds Sold—An issue
of $34,000
school
improvement bonds
has
been sold to the
State Treasurer,
as 2s and
2)4s, at a price of 100.33.
Clackamas County School District
No. 23 JT. (P. O.
Wilsonville), Ore.
Bond
bonds
Sale—The $95,000 school
offered
p.f 1090
—
March
were
20—v.
awarded
purchase
of
City
Treasurer, will
sewer
1, 1950.
Due from 1952 to 1975 in¬
re¬
pur¬
poses
coupon or registered bonds.
Dated April 1, 1950.
Denomination
$1,000. Due on April 1 from 1951
to
1970
inclusive.
interest
Principal
er's
and
payable at the First Na¬
$350,000 tional
Bank, of Boston,
bonds. Dated March
general
option
Hospital
at
the
or at
Rhode
hold¬
Island
Trust
Co., Providence.
Principal and
interest
(J-J) payable at the office of the Legality approved by Ropes, Gray,
City Treasurer. Legality approved Best, Coolidge & Rugg, of Boston.
by Winfree, McCulloch, Shuler &
SOUTH DAKOTA
Sayre, of Portland.
clusive.
Milton City, Ore.
Bond
Sale—The
provement
bonds
March 6 —v. 171,
$10,973.36 im¬
offered
p.
890
on
—were
Faulk County (P. O.
Faulkton),
South Dakota
Bond Sale Details—The
hospital
bonds
purchased
Faulk
$100,000
by
the
County
State
Blyth & Co., of Port¬
Bank, of
land, at a price of par, a net Faulkton, as l%s, as previously
noted in v.
interest cost of about
171, p. 1090, were sold
2.305%, as
at
awarded to
follows: $973.36
as
1951, and $10,000
a
6s, due Feb. 1,
2Y4S, due on
price of
Multnomah
County,
Water Dist.
par.
as
TENNESSEE
Feb. 1 from 1952 to 1961
inclusive.
(P. O.
Cannon County
Hazelwood
(P. O.
Woodbury), Tenn.
110
Equi¬
table Building
Portland),
Oregon
fymd Offering—John B. Gribble,
County Court Clerk, will
receive
Sale—The $228,000 water bids until 9 a.m. (CST) on
April
the
March 10—v. 171, 7 for
purchase of $125,000
p. 991—were awarded to the First school bonds.
Dated Feb. 1, 1950.
National Bank, of
Portland, as 2s, Denomination $1,000. Due on Feb.
1 from 1951 to 1970
2V2s and 23/4S, at a price of 98.00.
inclusive.
bonds
Benton
the
A.
Brown,
ceive sealed bids unitl
noon
(EST)
on
March 27 for the
purchase of
$100,000 school site and other
Bond
building bonds.
to
Co., of Toledo.
Local Sch.
Dist.,
highest bidder
Bond Sale
McDonald & Co., for
l3As, at struction and
awarded
&
Offering
tendent
fire
inclusive.
by
of
by
City
1951
31
Bond
$10,000
1950.
Bank, of Pryor, as l%s, at a
price
Hermiston, Ore.
100.01, a basis of about 1.62%.
Bond Offering—F. C.
The second
McKenzie,
highest bidder was R.
J.
Edwards, Inc., for l%s, at a City Recorder, will receive sealed
bids until 8 p.m.
price of par.
(PST) on March
—
of
tel,
1958
Bond
1,
(M-N)
of
—
Bond Sale—The
$180,000 Frank¬
lin Avenue
Building bonds offered
March
20—v.
the
except
seeled bids until noon
inclusive. Principal and
Oklahoma (State of)
(EST) on
interest
April 13 for the purchase of
(A-O)
payable
at
the
Bonds Sold—An issue of
$171,$36,000
509 street
Prospect Citizens Bank,
improvement, Series No.
Prospect. state institution bonds has been
103
Special
sold to the State
Assessment
notes.
Salem Local Sch.
Dist., Ohio
Treasurer, as 2s,
Dated May 1, 1950.
at a price of
Denomination
par.
Dated Feb. 15,
Bond Sale—The
$175,000 build¬ 1950. Due on
$5,000, except one for $6,500. Due
July 15 from 1951 to
ing and equipment bonds offered
on Nov. 1, 1951.
1974 inclusive.
Principal and in¬ March 17
v. 171,
terest (M-N)
p. 991
were
payable art the City
awarded to J. A. White &
Pottawatomie County
Treasurer's office.
Co., of
Indep.
Legality ap¬
Cincinnati, as 2V4S, at a price of
Sch. Dist. No. 112
proved
by
(P. O.
Squire,
Sanders
&
102.21, a basis of about 2.03%.
Asher), Okla.
Dempsey, of Cleveland.
Tiltonsville, Ohio
to
York
sealed bids until 10
—
Cuyahoga County (P. O.
Cleveland), Ohio
by
proved
Bond
from
1
.
refunding
March
28, 1950.
Denominations
$50,000 and $25,000. Due on March
225,000 sewer bonds.
(PST) on 28, 1951. Legality approved by
Due from
April 10 for the purchase of
1952 to 1969
$359,- Ropes,
inclusive.
Gray, Best, Coolidge &
397.74 Bancroft
Improvement, Se¬ Rugg, of Boston.
Mayes County Indep. Sch. Dist.
ries D bonds. Denomination
$1,000,
Bond Offering —
No. 6
William
water bonds. Due
1952 to 1969
inclusive.
to
171,
the
2
the
March 20
1090—were awarded
Robinson & Co.
,of
Philadelphia, and Arthurs, Lestrange & Co., of
Pittsburgh, joint¬
ly, as 13/4S, at a price of
100.68,
a basis of
about 1.68%. The
second
—v.
at
agency of the State, in
City, or at the County
Treasurer's
as
(M-S) payable at the Irving
Nashville (P. O.
Nash), Okla.
man, Clerk of the Board of Educa¬
st Co., New York
Bond Offering—Bids
City. Legalwill be re¬
tion, will receive sealed bids un¬
?
approved by Squire, Sanders
ceived
until
11
a.m.
til noon
(CST) on
(EST) on April 1 for the
Dempsey, of Cleveland.
March 27 for the
purchase of $75,purchase of $41,000
improvement 000 water
works system
bonds. Dated
bonds.
Columbus, Ohio
April 1, 1950. De¬ Dated
April 15, 1950. Due from
nomination $5,000,
Note Offering
except one for 1952 to 1975
Agnes Brown
inclusive.
Cain, City Clerk, will receive $6,000. Due on Oct. 1 from 1951
to
1961
for
bonds.
purchaser.
May
interest
$1,050,- Shuler
divided
to
until
4
Lemoyne Sch. Dist., Pa.
Bond Offering—L. F.
Baker, Dis¬
trict
Secretary, will receive sealed
bids until March 28
for the pur¬
chase of $29,000 school
City, at the
Legality
by Winfree, McCulloch,
highest
Sayre, of Portland.
the
New York
Bond
1952
March 20
inclusive.
—
Gladys UnverClerk, will receive
New
the fiscal
Ardmore,1 Okla.
C.
April 1, 1950.
on
April 1
Due
Munson,
Offering—Bessie Gittings,
Dated
194s. Due from 1959 to
inclusive.
7:30
from
$1,000.
gality
County Sch. Dists. (P. O.
Prineville), Ore.
Bond
$825,000
Bond
sixth
Due
bonds.
inclusive.
M-N.
259,000 incinerator, second series (EST)
chase
bonds.
Due on Sept. 1 from
1951
1970
Nov. 1 from
Monfort Heights Local
Sch. Dist.,
(P. O. Cincinnati 11), Ohio
clusive.
series bonds.
from 1951 to
to
on
on
Sept. 1 from 1951 to 1975 in¬
699,000
1951
$1,000. Due
as
1961
construction
from1 bonds. Dated May 1, 1950. Denom¬
inclusive.
central
second
1
second. series
Due
to
Sept.
131,000
Dist.
Warren), Ohio
Offering-r-Claire Humason, Clerk of the Board of Educa¬
tion,, will receive sealed bids un¬
til noon (EST) on
April 11 for the
purchase of $580,000
1975 inclusive.
to
Twp. Local Sch.
R. D. 5,
Bond
series
bonds.
,
(P. O.
April
$311,000
approved
Elliott &
*
1
Denom.
March
sealed bids until noon
$387,000 sewage bids until 2
p.m. (PST) on April
(EST) on disposal plant and
sanitary sewer 5 for the purchase of
April 8 for the purchase of
$90,000 system bonds offered
$500,000
March 21—
Hog
Creek
Ditch
bonds, divided as follows:
Imp.,
Spec. v. 171, p. 1191—were
awarded to
Assmt. coupon bonds.
Due on Sept. 1 from
Dated May the
$395,000 County High School Dis¬
1951 to
Small-Milburn Co., of Wichita,
1, 1950. Denomination $1,000. Due
1964 inclusive.
trict bonds. Due on
and
associates, at a price of par, a
May 1
on
May 1 and Nov. 1 from 1951 basis of
from 1951 to 1970
150,000
about 1.73%, as follows:
inclusive.
general
sewer,
third to 1960 inclusive.
Interest M-N.
105,000 County School District
series bonds. Due on
$76,000 as 3s. Due in 1952 and 1953.
Sept. 1 Legality approved by
bonds. Due on
Peck, Shaf¬
from 1951 to 1975
180,000 as iy2s. Due from 1954 to
May 1 from
inclusive.
fer &
Williams, of Cincinnati.
1951 to 1970 inclusive.
1958 inclusive.
4459 000 general
series B
bids
on
of
coupon bonds. Dated
District Clerk, will receive
sealed
Bond Sale—The
1951 to 1973 inclusive.
,550,000 city hospital and health
center, first series B bonds.
sealed
purchase
to
1960
inclusive.
Principal and interest (A-O) pay¬
able at the
County Treasurer's of¬
fice, or at the fiscal agency of the
April 1 for the purchase
OKLAHOMA
from
i
Michael
—
sealed bids
Anadarko, Okla.
receive
1963
District
Crook
Wilson,
Due
2y2s. Due
as
$36,000 building bonds. Dated
1, 1950. Denomination
$1,- State, in
on
Sept. 1 from 1951 to option of
1962 inclusive.
Legality approved approved
by Bricker,
Marburger, Evatt & Shuler &
Barton, of Columbus.
Principal
2y4S.
as
O.
Offering
(EST)
were
Blyth & Co., and the
United States National
Bank, both
Portland, jointly, as follows:
$110,000
(P.
Chervenak, Jr., County
Controller,
receive
p.m.
14
County
Pa.
will
$134,000 school
March
or
State
Ebensburg),
Bond
of
000. Due
County (P. O.
Kenton), Ohio
Bond
offered
the
until 8 p.m.
West Lampeter
(PST) on
Twp. Sch. Dist.
April 3 for the purchase of
$13,000
(P. O. Lampeter), Pa.
school bonds. Dated
April 15, 1950.
Bond Sale—The
Denomination $500. Due on
$160,000 con¬
April struction
15 from
bonds offered
1951
March
Oct. 1 from
inclusive.
bonds
of
PENNSYLVANIA
Cambria
Bond Offering
Hardin
from
003,000 Zoological
Garden, third
series bonds. Due on
Sept. 1
47
County Treasurer's
office,
the fiscal
agency
New York
City.
in
awarded to
zagt,
Ohio
Howard
of
(EST)
except
for $900.
—
at
Columbia County Sch. Dist. No.
11
(P. O. Columbia City), Ore.
the Board of
Education,
will receive
sealed bids until noon
street
Bond Sale—The
from
April
$85,000 ad¬
Offering
the
of
Clatsop County Sch. Dist. No. S
(P. O. Route 3,
Astoria), Ore.
24,000
Wharton Local Sch.
Dist.,
sealed
on
basis
20 from 1952 to
1962 incl.
receive sealed bids
until
15 for the
purchase of
improvement, Special
Assessment bonds. Dated
April 1,
1950. Denomination
$2,900,
one
from
Offering—Eunice Earhart,
Assel, Clerk of the Board of
Education,
a
will
receive
(EST)
1
Bank, of
as
194 s. Due on April 1
from 1952 to 1958
inclusive.
39,000 as 2s. Due on April 1 from
1959 to 1963 inclusive.
Dated March
1, 1950.
dition bonds.
Fred
for
one
National
$56,000
1960 inclusive.
West Union Local
Sch. Dist., Ohio
Bond
Ohio
—
the purchase of
and
1951 to
Corp.,
102.15.
Bond
Denom¬
ination $1,000
except
$500.
Due on Sept.
Prescott, Hawley,
Co., Seasongood &
and interest
(A-O) payable at the
National Bank of Fremont.
series
on
Sept. 1
1972 inclusive.
to
&
bids until
ment, first series bonds.
on Sept. 1 from
1951 to
inclusive.
1951 to 1960
inclusive.
19,500 water line bonds.
States
at
100.12, a
about 1.88%, as follows:
nominations $1,000, $500 and
$250. Due on Sept. 1 from
basis of about 2.29%. The
second
highest bidder was Field,
Richards
bonds.
1951
Unitdd
Portland,
about 2.57%.
Waterville, Ohio
1, 1950.
Bond
Offering—Ernest D. Hook,
Fairborn City Sch.
Dist., Ohio
Village Clerk, will receive sealed
Bond Sale—The
$890,000 build¬ bids until 7:30
p.m.
(EST)
on
ing bonds offered March 22—v.
April 5 for the purchase of
$55,171, p. 990—were awarded to
750
Ryan,
bonds, divided as follows:
Sutherland
&
Co.,
of
Toledo, $36,250 storm
sewer bonds.
Braun,
Bosworth
De¬
&
trunk
offered
Cincinnati,
vided
CHRONICLE
ment bonds. Dated
March
p.
as
bids
FINANCIAL
Offering—W. A. Abbott,]
Ryan, Sutherland Co., of
City Auditor, will receive sealed
Toledo,
as 2%s, at a
orice of
bids until
101.64, a basis
1090—were
awarded to the Provident
Savings
Bank & Trust
Co., of
sealed
&
Bond
Cheviot, Ohio
Bond
COMMERCIAL
(1303)
equipment
1950.
Number 4893
offered
Washington County Sch. Dist.
No. 48 (P. O.
Beaverton),
Oregon
Bond Offering — Errol
Hassell,
District Clerk, will receive sealed
bids until 8 p.m.
Morristown, Tenn.
Bond Offering—Paul E.
Walker,
Town
Recorder, will sell at
auction at 1 p.m.
28 an issue of
(PST) on April
$150,000 con¬
Dated
May 1,
1950. Denomination
$1,000. Due on
May 1 from 1951 to 1965 inclusive.
M-S.
Principal and interest payable at
man
4 for the purchase of
struction
bonds.
public
(CST) on March^*.
$400,000 electric
system revenue, Series 1950 bonds.
Dated March 1, 1950. Denomina¬
tion $1,000. Due on March 1
from
1952
to
1969
inclusive.
Interest
Legality approved by Chap¬
& Cutler, of
Chicago.
1
*#r~
V
I/
Nordhelm Indep.
TEXAS
enue
bonds.
Due
sewer-rev¬
on Sept. 1
gality
approved
&
Thorgrimson
Preston,23,290,000 2% % refunding bond3.
by
^
Horowitz,
Due
of
March 1
on
from
1969 to
1973 inclusive.
from. 1954 to 1979 inclusive. Seattle.
bpnds has been
750,000 water and sewer revenue
Bond Sale—The $200,000 water sold to Rauscher, Pierce & Co., of
La Conner, Wash.
bonds. Due on March 1, 1980.
works and sewer system revenue San Antonio, "at a price of par, a
Bonds Sold-—An issue of $100,bonds
offered
l^rch 10, were basis of about 2.46%, as follows: •
Dated March 1,1950. Denomina¬
000 water distribution system rev¬
awarded to the Columbian Securbonds
has
been
sold
to
$40,000 as"2V4S.. Due on April 1 tion $1,000. Principal and inter¬ enue
ities.Corp., ofr Texas, and " Voiz,
est (M-S)'payable at the Chemi¬
Grande & Co.,and H. P. Pratt &
Jrom 1951 to 1955 inclusive.Carsweli &. Co., both of San An80,000^9 2^5. Due on "April 1 cal Bahk & Trust Co., New York Co., both of Seattle, jointly, as
jointly, at a price of 100.15,
City, Legality approved by Chap¬ 3V2S. Due in three to 25 years. Le¬
from. 1956'to 4965JnclusiveV;
a basis of. about 2.84%, as follows:
man
& Cutler, of Chicago, and gality approved by Preston, Thor¬
Dated April 1,-1950. Dehominar
$42,000 as 2i4s.
Due on April 1 tion
■Dumas, Huguenin & Boothman, of grimson & Horowitz, of Seattle.
$1,000. Optional April 1, 1961.
&,ir" from. 1951 to 1960 inclusive. Dallas.
"
Principal and interest (A-O) pay¬
Snohomish County (P. O. Everett),
; 110,000 as 3s.
Due on April 1 able at the State Treasurer's of¬
Wash.
V* VERMONT ^
/
from 1961 to 1972 inclusive.
fice.
Legality approved by Gib¬
Bond Sale—The$175 000 funding
48,000 as 2%s.
Due on April 1 son & Gibson, of Austin.
Vermont, (P. O. Montpelier), Vt
bonds
offered
March
20
were
from 1973 to.1975 inclusive.
.Bond Offering—George H. Amiawarded to Halsey, Stuart & Co.,
Port Arthur, T&xas
'
«'■ Dated April 1, 1950/ Denomina¬
don, State Treasurer, will receive as l34s, at a price of 100.17, a
Bond SaTe — The $1,000,000
tion: $1,000.
Bonds maturing in
sealed bids until 10:30 a.m. (EST)
basis of about 1.73%. Dated April
works and sewer system
1966 to 1975, are optional on April water
on
March 31 for the purchase of
1, 1950. Due on April 1 from 1952
revenue bonds offered March 23—
1, 1965,' or any interest payment
$4,334,000 coupon bonds, divided to 1965 inclusive.
"date thereafter at par and accrued v. 171, p. 1091—were awarded to a as follows:
Walla Walla, Wash.
interest/
Principal and interest syndicate composed of Fridley &
$2,800,000 bridge bonds. Due on
Bond Sale—The $115,000 fund¬
XA-O) payable at the Mercantile Hess, of Houston, First Southwest t
April 1 from 1951 to 1960 inNational Bank, - Dallas.
Legality Co.; of Dallas, k Merrill Lynch,
ing bonds offered March 22—v.
,7
elusive. ' ■. '.v
'
171, p.
1192—were awarded to
approved by Dumas, Huguenin ;& Pierce,. Fenner & Beane, * F. S.
1,534,000 building bonds. Due on
Smithers & Co., and Estabrook &
Boothman, of Dallas, t
Foster & Marshall, of Seattle, and
'4
April 1 from 1951 to 1960 inCo., all of New York, at a price
the Baker-Boyer National Bank,
Cleveland, Texas
7: elusive. : '.'■ 7
7
of par, a basis of about 2.69%, as
of Walla Walla, jointly, at a price
\
Bonds Sold—An issue of $75,000
follows:
:
Dated April 1, 1950. Denomina¬ of
■"*,' *"V-'-. ,; '
•
/:
water works Improvement bonds
100.03, a basis of about 1.89%,
tion $1,000. Principal and interest
Due on Feb. 1
for l%s and 2s.
has been sold to Dunn & Wells, of $850,000 - asr 2%s.
payable at the National Shawm ut
from 1952 to 1982 inclusive.
The second highest bidder was
Houston, as 2%s, 3s and 3*/2S.
Bank, of Boston/
Legality ap¬
150,000 as 2V2S.
Due on Feb. 1
Dean Witter & Co., for 2s, at a
Dated Jan. 15,1950, Due on Jan. 15
proved
by
Storey,
Thorndike,
from 1983 to 1985 inclusive.
from 1951 to 1970 inclusive. Op¬
price of 100:66, a basis of about
Palmer & Dodge, of Boston.
<•.
tional on Jan. 15,, 1950, or op any
1.92%.
V
7 " "
The second highest bidder was
Texas
Carrizo Springs,
.
,
water and
$1,750,000
Sch. DietTexas
Sold—An issue of $120,-
Bonds
■
Monday, March 27, 1950
FINANCIAL CHRONICLE
COMMERCIAL, &
THE
(1304)
48
000 school house
'
Dated March 1,
1950.
*
,
Vancouver, B. C.
Offering — Frank
Debenture
Jones, City Comptroller, will re¬
ceive
.
1
COLUMBIA
BRITISH
of
divided
p.rm
Marcn 27 for the pur¬
$4,879,000
debentures,
on
chase
2
until
bids
sealed
(PbT)
follows:
as
various improve¬
$1,484,000 3V4%
debentures.
ment
Due
on
April 15 irom 1951 to 1960 in¬
.
clusive.
,
ment
15
Bank
Montreal, and in Canada
of
Trail,
■
Phillips,
Offering—J., R.
Bond
President of the
Board of Trustees,
7:30
D.m. (CST) on March 23 for the
purchase of $225,000- construction
receive sealed bids until
will
bonds/ Dated
and/ improvement
April 10, 1950. Due from 1951 to
after 1965
to
maturing
Bonds
inclusive.
1975
to be made subject
are
redemption.15 years from their
date
on
Interest payment date
any
Principal and interest
thereafter.
the {State Treasurer's
office. Legality approved by Gib¬
^payable
at
& Gibson, of Austin.
son
27
Feb.
Mahon
were
and
awarded
$43,000
offered
Mc-
to
Burns, of Vancouver,
Bank of Montreal/Mon¬
the
and
treal, jointly,
3s, at a price of
as
par.
Due on.Dec. 15 from 1950 to
1959
inclusive, 7
VIRGINIA
.
debentures
improvement
,
C.
B.
Sale —The
Debenture
r
1
Augusta County^ South River
Sanitary District (P. O.
StauntonJ> Va.
Bond Sale—The $400*000 water
15, 1950, Principal
(A-O) payable at the
only.
,
\
on
1975
to
inclusive.
and interest
;
,
1961
from
Dated April
.
.
payment date thereafter. First Securities Co.; Chicago, Otb
"Principal and interest (J-J> pay-* & Co., Ira Haupt & Co./Paul Fred-1
able at" the First Natioiial Bank, erick ./ &
Co.,.: Lucas,
Eisen &Houston.
Legality^ approved by Waeckerle, .and Sh^ughnessy &
Chapman & Cutler; of Chicago.
Co., jointly, for 2s and 2%s, -at
a price of 100.07, a basis of about
Llano JnJep. Sch. Diet., Texas
Due
debentures.
April
'
,
.interest
various improve¬
3,395,000 3V2%
7
'*
7
Westminster, B. C.
New
WISCONSIN
$120,000 3 Vz%
retaining wall
Bond Sale —The
City of Oconomowoc, and a Part
Towns of Oconomowoc
of the
bonds" offered
Wis.
and Summit,
.
awarded
Sold—An issue of $394,-
Bonds
Street
Columbia
;March717
A.
to
E.
.
were
Co.,
Ames
&
and equipment bonds
1091-—were awarded to Scott &
has been sold to the Milwaukee j Sons, of Winnipeg, and the Royal
/
Sweetwater, Texas
iBank
of
Canada, of
Montreal*Stringfellow, of Richmond, StradCo., of Milwaukee, as llAs, at a
Bond Sale—The $2,500,000 bonds er; Taylor & Co., of Lynchburg,
jointly, at a price- of 101.10, ka
price of 100.08, a basis of about basis of about 3.28%. The second
offered March 15 were awarded to and the Peoples National Bank, of
1.23%.
.'7
•;
'
77 highest bidder was McMahon and
Charlottesville, jointly, at a price
a syndicate composed of Ketcham
&
Greenfield and Franklin Joint \,
Nongard, of Chicago, B. ' V Of 103.149, a basis of about 1.88%,
Burns, at a price of 100.87.
Christie & Co., of Houston,
E as followsf1" ' 7 "■
School District No. 1 (P. O.
"
NEW BRUNSWICK
Kelly Brown Investment Co., First $20,000 as 6s. Due on April 1 from
Greenfield, 7325 W. forest
Southwest /, Co:, - Central ;■ Invest¬
1954 tp 1957 inclusive.
Home Avenue, Milwaukee New Brunswick
(Province of)
ment Co., of Texas, R. A.^Under14), Wis.
Debentures Publicly Offered—
380,000 as 2s. Due on April 1 from
j,
•'
wood & Co., Rauscher, Pierce &
1958 to 1975 inclusive.
Bond Sate—The $120,000 build¬
'
A syndicate composed of Nesbitt,
Co., all of Dallas, Dittmar & Co.
ing bonds offered March 22—v^, Thomson & Co., Greenshields & f
WASHINGTON
'j
First of Texas Corp, both of Sar
171, p. - 1691-^wefe " awarded to Co., L. G. Beaubien & Co., bQtli of
Antonio, Rotan, Mosle & MoreF. S. Yantis & Co., of Chicago, as
Montreal, Burns Bre£T'Sr^7®bTf;
Benton County, Kennewick
land, of Houston, and the First
T%s, at a price of 101.68, a basis of Toronto, James Richardson &
■
SchooC Dhtri^ No. 17
Securities - Co7
of
Kansas,
of
of about 1.83%.
Sons, of Winnipeg, Stanbury &
' (P. O, Prosser)f Wash.
Wichita, as 3s, at a price of par, as
Co., and J. C. Mackintosh & Co77
Bond
Offering—C. W. Nessly,
;
Kewaskum, Wis.
follows:
both of Halifax, is publicly offer¬
County Treasurer, - will receive
Bond Sate—The $60,000 village
ing an issue of $7,500,000 refund¬
sealed bids Until
1 p.m.: (PST)
hall
bonds
offered
March
13—
ing debentures. " Dated April 1,
on March 27
for the purchase of
v.
171, p. 1091—were awarded to 1950.
Denominations $1,000 and
$300,000 ' school
bonds.
Dated
Paine, Webber, Jackson & Curtis, $500. Due on April 1, 1967. Prin¬
•f :
Y: •'
'April -1, 1950. Denomination $1,of Chicago, at a price of 106.01, a
cipal and interest (A-O) payable
000. Due on April 1 irom 1952 to
2.71 %.
;
offered
bonds
:,74,;77<
171,
March 20—v.
p.
of
000 building
Toronto, James Richardson
1
.
,
\
••
s
^
,
.
.
•
.
.
,
Principal and in¬
payable - at
the
County Treasurer's office. Legal¬
ity approved by Preston, Thorngrimson & Horowitz, of Seattle.
)■': 1965 inclusive.
terest
(A-O)
,
1
i
'< rila,
information
for
them
000
Investors look to
Country.
*
1
-
Addressograph Service
{
.'4''
*■
"i. .tYe have
">
t
.
graph
■■
a
•'*
'» ••
Department
for
: v
Cowlitz County,
alphabetically
States
Bond
*
f
service, available.
.7./,
'
V
%
.Our charge for addressing envelopes for the
7
complete list (United States or Canada) is
$5.00
per
.
All addressing completed within 24 hour3.
>
7 We
■
:<C
pan
al^o supply the list on gummed roll
I
i-
labels at
v.
thousand.
•
..
.
a
small additional charge.
-Vi
«
•
:,
23
v'S*" •"
'
4 "
'
'
y
*
t
■
Publishers of "Security
ceive
Dealers of North America"
REetor 2-9570
w
until
sealed
(PST)
on
New York T
riion $500.
1952
■
4-»- V tV '
». At
j-'*"{• *■ v
S3' '7 "»jr
- '
>iA
■
,
**
-7''
♦
-
r;
-jt
7
«,
-
4
V *
*
<
.«•
■
i.
DuBoyce, of Montreal.
purchase of $90,000
Dated April 1,
Denomination $1,000.
Du3
1950.
ONTARIO
Leaside,
the
April 1 from 1951 to 1968 in¬
clusive.
Principal
and . interest
on
at
the
First National
Bank, Niagara. Legality approved
payable
by Chapman & Cutler, of
Chicago.
Sale—The
Bond
bonds.
Ont.
$175,000 town
improvement bonds offered March
7 were awarded to J. L. Graham
& Co.,
of
and Fairclough & Co., both
jointly, as 3s, at a
Toronto,
price
to
97.85,
of
a
basis of about
Feb. 15 from 1951
1970 inclusive.
"
1
3.23%.
Due
CANADA
on
QUEBEC
Quebec
ALBERTA
Alberta
Bond
bonds
(Province of)
Publicly
Offered—
in the United States of
West, Que.
Sale—The $225,000 school
March
8
were
McTaggart, Hanna-
offered
awarded
to
$60,700,000
Debentures
will
1:30
bids
until
10
March 27 for the
a.m.
pur-
to
Due on April 1 from
1956
inclusive.
Principal
the
office.
Le-
and interest (A-O) payable at
»County
■'
Wells,
..
Herbert D. Seibirt & Co., Inc7: chase of $31,500 refunding bonds.
Dated April 1, 1950.1 Denomina25 Park Place
'
for
building
Treasurer's
$65,000
debentures, divided as follows:
Due
on
March 1 from 1961
to
1963 inclusive.
24,330,000 234% refunding bonds.
,
*
46,500
t
as
Due on April
inclusive.
1
as
April
1
from
Bated
Due
3s.
from 1955
28,500
Due on March 1 from 1964 to
1968 inclusive.
2%s.
as
from 1951 to 1954
$13,000,080 2%% refunding bonds.
■
^ U H'
J.
follows:
''•
f
*
R.
;
gina, Calgary or Vancouver. Le-* vgality approved by
Park.ns &
1
ford, Birks & Gordon, of Montreal,
A syndicate headed by the First
receive
as
3s, at a price of 99.76, a basis
Boston Corp., Wood, Gundy & Co.,
p.m. (PST)
of about 3.08%.
Due from 1951
Inc., and consisting of Smith Bar¬
on
April 11 for the purchase of
to 1955 inclusive.
ney & Co., Harriman Ripley & Co.,
) $80,000 school bonds.
Dated April
St. Bruno-de-Guinues, Que.
Inc., Halsey, Stuart & Co., A. E.
15,
1950. ' * Denomination
$1,000.
Ames & Co., Dominion Securities
'Due on April 15 from 1952 4o 1960
Bonds Sold—An issue of $60,000
Corp., McLeod, Young, Weir &
inclusive.
Principal and interest
improvement bonds has been sold
Co., Blyth & Co., Eastman, Dillon
(A-O)
payable - at
the
County
privately, as 2Y2S, at a price of
& Co., Merrill Lynch, Pierce, Fen¬
Treasurer's office.
Legality ap¬
98.00, a basis of about 3.81%.
ner & Beane, White, Weld
& Co.,
proved by Preston, Thorgrimson
Salomon Bros. & Hutzler, DomiWarwick School Commission, Que.
& Horowitz,, of Seattle.
nick & Dominick, Hallgarten
&
Bond Sale—The $140,000 school
Kittitas County, Ellensburg School Co., F. B. Ashplant & Co., Robert
bonds
offered
March
13
were
District No. 401 (P. O.
W. Baird & Co., Alex, Brown &
awarded to the Rene T. Leclerc,
Ellensburg), Wash.
Sons, McMaster Hutchinson & Co., Inc., of Montreal at a price of
Bond Offering — Lucille Veen- and the Pacific Northwest Co., on
98.47, a basis of about 3.3%, as
March 22
made public offering
huis, County, Treasurer, will re¬
This list is revised daily and offers you the
up-to-the-minute
—
Saint
Charlottetown,
Halifax,
will receive sealed
bids until 11 a.m. (CST) on March
Woodland School
404 (P.O.
Treasurer,
sealed bids
most
Offering
in
John, N. B., Moncton, Fredericton,
Montreal,, Toronto, Winnipeg, Re-
District Clerk,
Offering—Gertrude Rivers,
County
b
"
price of 103.54.
Joint Sch. Dist.'No.
(Village and Town), Wis.
; Kelso), Wash.
and
7 Cities, and within the Cities by firm names.
'■
Vf"
by
No.
District
banking and brokerage firm in the country//
arranged
De-
1952 -to
.
-
investment;
every
a
Legality
approved
by
Preston,
,Thorgrims6n
&
Horowitz,
of
.Seattle.
7
'
metal stencil in our Addresso-.»
7
.
revenue
1950'.
1,
Principal and interest (M-N) pay¬
able at the City Treasurer's office.
.'.■■/♦'J,"?''
.
from
sewer
May
$1,000.
Due on May
.1975 inclusive.
nomination
l\
"i.#, >
.i
'
Dated
*
t
-ft
and
water
bonds.
! company.
you?
on
on
April 4 for the purchase of $309,-
Report to the Investment
■
of the
Houses
(PST)
bids until 2 p.m.
sealed
Mail your Annual
The second
Niagara
Bond
Bond Offering — Frances LauCity
Clerk," -will
receive
;■
:■
Co., at
Centralia, Wash.\
..it
■
basis of about 1.83%.
highest bidder was F. S. Yantis &
to 1965
on
inclusive.
Due on April
1966. to 1970 inclusive,
3V2s.
April 1, 1950
■
-
1
v
@FedFRASER