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ADM.

BUS.

LIBRARY

MONDAY

7350

ISSUE

Tk e

and

Financial

Chronicle

Reg. U. S. Pat. Office

Volume

Number 4887

171

New York, N.

General
RAILROAD
Adams Commodity Co.
The

.

of

was

B

stock

$1)

(par

at $10

no

this
six

share

per

of

amount

capital

subscriptions

amount

for

from

Jan.

COMPANY—A

its

American Hoist & Derrick

(as

5,000

speculation).

a

The directors

shares
Tnere

officers

class

York

New

to

stock

E

that $5,000 is

169,780.8

all

will

become

subscriptions

corporation

payable

subscribed

will

incorporated

be

In This Issue

the

within

cancelled.

primarily for

Stock and Bond Quotations

.

the

purpose of buying, selling
(which includes short selling) and trading
In
commodities
and
commodity future contracts; also to provide a
medium

CAPITALIZATION—There
stock

shares of

25

and

$1)

(par

stock

(sold

cash

for

5,000

shares

B stock

shares of class

25,000

class A

authorized

are

$10

at

ently outstanding.

class

New York Stock Exchange

share)

are

9

Stock Exchange

(Bonds)

__21

Curb

Cincinnati

Corp.

To

—

Bank

Prepay

or

loan,

due

would

clear

sinking

installments

semi-annual

in

books

the

fund

$125,000

indebtedness

all

of

debentures.—V.

of

171,

with

from

1, 1950,
exception of the

the

voted

stockholders

Feb.

on

14

1

stockholders

to

each

three

—V.

171,

of

record

held.

shares

Scrip

21

authorized

basis

the

on

issued

was

i_31

Stock

Exchange

32

Stock

Toronto

in

of

Exchange

lieu of

fractional

&

__.34

company

shares

RESULTS
Total

Net

FOR

DECEMBER

ENDED

YEAR

sales

Security

29

transferable

•After

after

per

NOTE—No

comparisons

with

previous

■

years

the

at

leaving

working

current

liabilities

end

of

was

3.6

1.—V.

to

—-

profit after Fed.

income

&

Net

from

Net

rv.

>

Net
Net

from

Dec. 31, '47

Reserve

$9,691,932 $10,575,127

52,056

190,105

89,782

_40

P.

has

company

for

100

Foundry Co.—Receives Order—

Co.,

Chicago—Registers With

received

covered

from

hopper cars

the
of

Gulf,

Mobile

70-tons

&

capacity

Ohio

RR.

each.—-V.

company

Insurance

to

incorporated

was

to

Code

in

engage

the

Feb. 15, 1950, under the
casualty insurance business.

Illinois
It

has

authorized

by the Director of Insurance of the State of Illinois
solicit subscriptions for its shares.
It will not transact any business

until

certificate

a

of

authority

to

transact

business

shall

have

been

by the Director of Insurance
According to the prospectus, the stock

would be offered for sale at
$2 per share.
A commission of 10 cents per share is to be paid to
M. A. Kern, of Palatine, 111., President of the company, "for his serv¬
ices in managing the sale of the shares offered.
Mr. Kern and other

American

and directors may receive a salesman's commission on shares
by them personally."
Pending completion of the sale of the ii,000,000 shares, the proceeds
from the sale
(less 15%, which may be used for commission, promo¬
sold

tinental

funds

Illinois

there

National

will

be

Bank

returned

&

to

Trust

each

Co.

deposited with the Con¬
of Chicago.
From these

subscriber

85%

of

the

amount

paid by him in the event that payments for all the shares and the
organization of the company are not completed by Feb. 15, 1952.
The prospectus further states that, if all the shares are sold and the
full

$2,000,000

paid

therefor,

and the sum of 20 cents per

10 cents per share will be paid to Kern
share for expenses in connection with the

promotion and organization of the company and the sale of its shares;
and the company will thus receive net proceeds of $1,700,000, of which
$1,000,000 will be stated capital and $700,000 will be paid-in surplus.
Under the subscription agreement, only 15%
of the proceeds may be
expended until and unless the certificate of authority to transact busi¬
ness
is issued by the Director of Insurance.
Upon receipt of such a

certificate, the company will use the $1,700,000 net proceeds to
the casualty insurance business.

Creosoting Co.,

Shoe

Co.—Consolidates

Louisville,

American Encaustic Tiling

Ky.—Calls

company

Canadian

a

consolidation

of

all

assets

—V.

operations

of

its

and

into one corporation, the Dominion Brake Shoe
wholly owned subsidiary, which has acquired the operating

business

of Joliette

Steel Ltd.

170, p. 2013.

and

on

26

Jan.

to

the

decrease

capital from $36,-

170,

p.

2581;

V.

171,

p.

1.

operations before the acquisition of Franklin Tile Co., plus
of operation after the acquisition.

1950

1949

1948

1947

$667,085

$686,261

$664,765

$602,113

from

91,280

131,148

87,476

ry.

99,875

57,742

21,129

112,911
50,350

one

expansion

of

per

share of

stock

common

late

in time

(without
The

cost

and

in 1948.

the

stated.

report

approximately $825,000.—V. 170,

The

new

facilities

par

shares

value), convertible
are

to be offered

Period End. Jan. 31—

will

♦Sales

2125.

p.

Ramapo of Canada, Ltd.

p,

845,

into
to

common

stock

prior to

July

The

corporation

covering

B

of

common

on

100

class

A

stock

Feb.

shares

purchase

proceeds
of

a

4(a%

stock

(par $15),

The

filed

20

of

common

all to
to

are

letter

$15)

be

offered

be

machinery

notification

of

preferred ,$tock

(par

used

and

to

for

and
at

(par

2,000

1950—3 Mos.—1949

by subsidiary companies.—V. 1.71,

1950—12 Mos.—1949

p.

846.

for

working

of

the

St Louis Listed and Unlisted Securities

2,000
class

No underwriting

par.

pay

with

$501,

shares

construction

The

proceeds

bonds

dated

of

Dec.

the

1,

Dovenmuehle, Inc.,

1949,

were

issue

recent

placed

used

to

Co.—V. 171, p. 553.

ifjT

of

$400,000

Edward D. Jones & Co.

of

capital.

privately

effect

a

with

merger

first

Established 1871

mortgage

institutions

300 North 4th

I
V

..

St.,

St. Louis 2, Missouri

Members

43i%

New

Stock

Exchange

Exchange
Chicago Board of Trade

with Simpson Electric
!

York

Midwest Stock

through

,

15,

company

American Food Products, Inc., Colorado
Springs, Colo.
—Files With SEC—
SEC

to

$45,545,084 $46,636,665 $144,056,893 $150,903,368

•As reported

shares

a

com¬

and

Associated Dry Goods Corp.—Quarterly Sales Lower—

additional production for the peak demands

fall,

request

1980,

employees, Including offi¬
cers, of the company and its subsidiaries.
The subscription price is
$20 per share. No underwriting is involved.
Net proceeds of the stock
sale are to be added to working capital.
Some of the funds may be
used for plant improvement and expansion, for the acquisition of addi¬
tional
refining equipment,
oil
producing
properties,
transportation
equipment, and for marketing facilities.—V, 171, p. 846.

manufacturing

to provide

summer

to

sell, at

1958.

month

profit, after income taxes, for 1949 was $724,661, equal to $1.12
on
645,200 outstanding shares of common stock.
This com¬

summer

171, p. 649.

The company on Feb. 27 filed a registration statement with the SEC
covering 50,000 shares of $1.20 cumulative convertible preferred stock

facilities to provide 33% additional
manufacturing capacity at the Lansdale, Pa., plant is under way.
The new facilities, it is
expected, will be in operation during the late
of

railway
oper. income—

Ashland Oil & Refining Co.—Registers With SEC—

share

pared with net profit of $1.11
An

RR.—Earnings—

railway

SEC has given interested personos until March 13
hearing upon the proposal of this company to issue and
petitive bidding, $25,000,000 of first mortgage bonds, due
apply the proceeds to its construction program.—V. 171,

Co., Inc.—Sales and Earn¬

acquired the business of Franklin Tile Co. on Dec. 1, 1948.
during 1949 amounted to $4,543,750, compared with $2,436,752
for 1948.
The latter figure represented sales
during the 11 months of

Net

1950—10 Mos.—1949

357.

p.

Appalachian Electric Power Co.—Hearing March 13—•

Sales

a

Inc.—January Sales Off 3.8%—
1950—Month—1949

The

ings at Record High—

\


\


is

Foundries—Changes in Capitalization

voted

Canadian

subsidiaries

Co., Ltd.,

the

re¬

least

$35,624,850

from

American Gage & Machine Co.—Consolidation—
announces

ever

at

days after
earlier.—V, 170,

Net

Pre¬

New high records in both sales and
earnings were established in 1949
by this company, according to the annual report for the year ended
Dec. 31,
last, which covered the first full year of operation since the

involved.

Operations—
The

to

171,

—V.

buildings,

Brake

which

of

90

or

the

of

engage

In

American

aircraft,

not

are

capital

1950

30,

Net

outstanding shares of 7%
cumulative preferred stock,
$100, have been called for redemption on April l, next, at $105
share, plus accrued dividends of $1.77 per share.

par

officers

will be

stockholders

Ann Arbor

company

issued

tion, organization and other expenses)

working

June

Inc.

Lines,

Export

maintain

to

maximum

$38,477,819 $40,015,555 $343,887,023 $352,717,974

Gross

company on Feb. 27 filed a registration statement with the SEC
covering 1,000,000 common shares, $1 par value.

been

Boeing

January—

The

The

last

American

expires

its

is on substantially the same

an

171,

553.

per

Securities and Exchange Commission—

i

is

reduced

company

that the subordinated loans from

all of which has been retired.—V.

—V.

ferred Stock—

Casualty

and

agreement

Period End. Jan. 31—

order

1947
$1,395,088
288,914
134,484

1948
$1,541,371
410,940
219,951

553.

American

the

of

Inc.

company

Sales

This

RR.—Earnings—

140,286

the
The

American Stores,

American Car &

and

40

84,655

income

this

except

by retiring 22,608 common shares held in the
treasury; to increase the resulting authorized 1,227,392 common shares
to 1,500,000; and to eliminate from charter all reference to preferred

171,589

58,066

1949
$1,345,490
271,668
129,774

which

agreement,

American Steel

stock,

124,261

1950
$1,308,610
298,754

plan

2014.

303,090

Auction Sales

43,901

railway

receipt
p.

.40

the SEC

with

which 910,000
for merger of

of

$1),

to

1947

1948

All

All

Banks

under

1948

Airlines,

and

The

116,835

93,792

railway

1

40

40

Condition Statement of Member Banks of

553.

171, pp.

Announcements

the

$3,500,000.

$457,996

income

oper.

ry.

—V.

Dec. 24, '48

$490,986

Alabama Great Southern
from

Dividend

statement

(.par

balance of 300.000 shares are to be publicly offered at
Kidder, Peabody & Co., New York, underwriter.
The
estimated at $10,939,500, will be used to carry out the

agreement
as

quired,

Combined Condition Statement of Federal

$360,489

January—
Gross

39

Foreign Exchange Rates

1949
$445,727

railway
p.

Clearings

stock

pursuant

the

American

Course of Bank

Redemption Calls and Sinking Fund Notices—40

to

Youngstown RR.— ■Earnings—

railway

oper.

i71,

assets

registration

a

capital

issuance

borrowing from $12,000,000 to $10,000,000

The

of

assets

$3,779,508,

New

110,085

1950

The

•

Federal Reserve System

Akron Canton

—V.

of

current

of

for

,

terms

297.

from

'

■

shares

'' V V.
American Overseas Airlines, Inc.—Bank Loans—

''

\i

General Corporation & Investment News.Cover

the

as

4 f' '

!

Inc.

^ proposed merger and for investment, purposes.—V. 171,"p, 845.

IVi'

Miscellaneous Features

'

*

'»

357.

$5,397,836

taxes.

January—
Gross

p.

Dec. 24, '49

sales

—V. 170, p.

of

171,

f

(& Subs.)—Earnings—

Months Ended—

Net
Net

current

liabilities

The

ratio

■

Co.;

&

through

State and City Bond Offerings.—________-___44

current

$9,721,385.

Airline Foods Corp.
6

and

1949

capital of

available

are

company started operating in January, 1949.
The
consolidated
balance
sheet
showed
total

$13,500,893

;

$155

1,004,250 shares)--„—

dividend retirements.

preferred

market

1,665,502

share ton

Witter

Dean

are-

790,000 shares are reserved under the merger for non¬
rights, exercisable prior to June 1950 at the net asset

Co.,

and

proceeds,

$31,029,546

taxes—,

common

value

National Quotation Industrial Stock Averages.,29

.—.—

income

•Earnings

Co.

&

and Wagenseller & Durst,

reserved

30

1949

31,

Peabody

Feb. 3 filed

on

2,000,000

are

Stock and Bond Averages

Affiliated Gas Equipment, Inc.—Earnings—

Kidder

Bateman,

covering

.30

(Dow-Jones)

investment

of

Scbwabacher & Co.; Sutro &; Co.; Pacific Company of Calif¬
Eichler & Co.; Hill Richards & Co.; Crowell, Weeden

Co.;

Transactions New York Curb Exchange..,:

553.

p.

with

Co.; Lester & Co.

The

___38

Markets

managed by Capital
of the Fund's board

ore

consist

Merger, Etc.—

35

Transactions New York Stock Exchange

investments

under supervision

company

Tully & Co.; William R. Staats Co.; J. Barth & Co.; Davies
Mejia; Elworthy & Co.; First California Company; Irving Lundborg

ornia;
&

Over-the-Counter

for

shares.

&

34

Exchange

the

of

Mitchum

34

Toronto Stock Exchange—Curb Section

capital

share

one

Stock

company's

Associated

33

Stock Exchange

Offered—Initial

Mutual Fund, Inc.—Shares

Code.

32

Montreal

A stock dividend was paid March

Feb.

on

increase the

to

stock from $15,000,000 to $20,000,000.

30

,-31

Exchange

quarterly

a

Research Ss
of directors.
securities and cash
which totaled $8,736,429 on Nov. 30, 1949.
The company holds in its
portfolio securities of more than 75 different companies.
The
company
proposes
to pay
dividends quarterly to its share¬
holders and expects to meet the requirements of a "regulated invest¬
ment company" under the present provision of the Internal Revenue

30

Montreal Curb Exchange

Aetna Life Insurance Co.—Pays 33y3% Stock Dividend
The

Exchange.

San Francisco

Jan.

The

Assets

Stock

Stock

declared

shares for each of tlia

outstanding.

also

Management Co.,

__30

Pittsburgh Stock Exchange

101.

p.

Exchange.

Philadelphia-Baltimore

is said to be planning pre-payment in full in March
long-term bank notes amounting to $1,500,000. The payment of the
company

now

split of 2'/a

type, was made by Kidder, Peabody & Co., on Feb. 28.

25

-

Angeles Stock Exchange

Midwest

Loans—
The

Exchange

Detroit Stock Exchange

-

Los

Addressograph-Multigraph

Stock

Boston

pres¬

\

,

(Stocks)

New York

A

of which

$1),

(par

per

■

of

shares

directors

American

New York

varying amounts
trading purposes.

Co.—Split-Up, Etc.—

stock

a

public offering of 300,718 shares of this Fund, an invest¬
ment company of the general, open-end
management

Page

which a number of individuals may subscribe in
of capital to be consolidated into one account for

through

have voted

dividend of 50 cents per
share on the stock outstanding before the split, payable March 10 to
stockholders of record March-1.
A dividend of 25 cents per share was
declared on stock to be outstanding after the split,. payable June 10
to stockholders of record June 1.—V. 168, p. 1793.

with
until

business

commence

this amount is not

If

1950,

18,

determined

have

MISCELLANEOUS

-

The

necessary

to.

subscribed

is

months

INSURANCE

-

,

PROCEEDS—Company officers
minimum
and

through

underwriting.

no

INDUSTRIAL

-

(N. Y.)—Stock Offered—

offered

January

in

company

class

Copy

a

Corporation and Investment News

PUBLIC UTILITY

-

Price 75 Cents

Y., Monday, March 6, 1950

New
.

York

Curb

Exchange

(Associate)

Phone
CEntral
Bell

7600

Teletype

SL 593

2

Ry.—Earnings—

Atchison Topeka & Santa Fe

1950
1949
1948
$36,425,779 $37,572,099 $39,685,963

Month of January—
income

Gross
Net

ry.

Net

*

4,425,158

ry.

—V.

fective—
of the officers for the Illinois Northern Ry., recently pur¬
the Santa Fe, Chicago, Burlington & Quincy, Pennsylvania
York Central railroads, was announced on Feb. 23.
Illi¬
Northern is an important switching line which operates approxi¬

nois

New

Feucht,

E.

P.

Minchin, President; H. B.

H.

G.

vania

directors

The

holders

an

Acquisition—

to call
oifer to

a

special meeting of stock¬
individual stockholders of
shares of Atlas
or $13 in cash

of Alliance, O., of five
shares of Alliance stock,

small

makes
—V.

170,

listing of

of

acceptance

to

$6.50

for

income

Net

public re¬

debentures

sold

and

of

Earns,

—V.

1,079,375

1,105,058

1,122,309

944,494

7,604,926
3,998,432

5,225,600
3,510,144

4,046,448
3,448,820

$1.30

$7.53

$6.48

$3.47

share,

com.

1

358.

p.

Burlington-Rock Island RR.—Earnings—

Net

from

Net

the American
stock to. repay borrowings from the American

tu

from

Gross

$25,000,000 25-year 3%
Telephone & Telegraph Co.

1949 the company sold

common

per

171,

12,920,797

5,939,555

outstg.

ry.

railway
•__

income___

oper.

1949
$329,635
54,410

5 977

*9,901

171,

.

1947

1948
$312,472

*3,867

73,972

railway

♦Deficit.—V.

which were made to finance the necessary
expansion and improvement of the plant.
Borrowing continued and at the end of the year totalled $4,900,000.

'

1950
$361,303

January—

nearly 48%.

or

shares

Common

;

23,887,711

3,980,396

dividends

Common

i,000,000

31,219,943

18,218,360

dividends

Preferred

telephone plant to ipeet the

of

expansion

continued

16,927,781

5,000,000

.

profit

11,577,111

29,171,473

14,875,343

taxes

contings.__

for

$

foreign,

Fed.,

state

&

inc.

before

Approp.

earned.

$25,000,000

for

motors

totalling

dividends

paid

company

FINANCING—During

and to approval of the SEC. Alliance
phonographs, heaters and similar equipment.

2222.

p.

Profit
Prov.

the

$573,048,000,

additional shares

Exchange

Stock

York

New

subject

is

offer

The

in 1948 to $135,932,000

$

s

288,161,509 216,960,514 141,544,445
65,391,416
41,815,492
24,497,908

263,497,942
taxes
33,093,703

sales

Net

Sept. 27,'47 Sept. 28,*46

Oct. 2, '48

Oct. 1, '49
$

the growth of

increased

1986.

p.

Burlington Mills Corp. (& Subs.)—Earnings—

quirements involved, during 1949, gross construction of $67,155,000,
including reused materials, resulting in net additions of $47,179,000.
These were clcse to the 1948 totals of $74,014,000 gross construction
and $58,247,000 net additions.
In the first four full years since the end of the war, the company
has
increased its
telephone plant investment from $387,401,000 to

share.

per

by

Co.

nine

each

for

voted

17

making

on

Manufacturing

stock

Tack

Feb.

on

vote

to

the business.
8.2%; from $125,628,000

168,

8%,

Reduced dividends of $1.50 were paid in the first

The

Alliance

is underwriter.—V.

Fiscal Year End.

or

per share of
three quarters
of the year.
The usual $2. dividend was earned and paid in the last
quarter, the first time since the last quarter of 1947 that it had
beer,

Atlas Tack Corp.—Proposed

Co. of Pennsylvania—Earnings, Etc.—

increased from $154,876,000 to $167,212,000,

revenues

1949

In

stock.

subsidiary.
Stock

corporation on Feb. 27 filed a registration statement with the
SEC covering 100,000 shares of its capital stock.
Calvin Bullock, New

Bank in New York City.—V. 169, p. 374.

of the

Ltd.—Registers With SEC—

Bullock Fund,
The

1949.

in

Commerce Com¬

7, from the International Harvester Co., a wholly owned
Under the arrangement the Santa Fe acquired 51% of the
and the Chicago, Burlington & Quincy 25%, with the Pennsyl¬
and New York Central each holding 12%.—V. 171, p. 554.
Feb.

mission

1, next,

Gillen, President, on Jan. 26 said in part:

1949

Expenses

purchased by the

capital stock of the Illinois Northern Ry. was
railroads under authorization of the Interstate

four

In

reflecting

The

gold bonds, series C,
at 105 and interest.

5%

mortgage

be made at any branch of the Bank of Montreal in
(Yukon excepted), or, at the holder's option, in U. S. dollars,

agency

W. D.

the officers elected were
Fink, Secretary and Treasurer.
Among

_

The foundry, which will be completed in the spring, will cost
approximately $1,400,000. The Gary plant, costing $7,000,000 will begin
operation later this year. Payment for the new facilities will be made
from current funds.—V. 171, p. 650.

York,

C. Jepson.

A.

first

redemption on May

called for

Bell Telephone

H. Minchin, and

Rydin, E. S. Marsh, G.

R. G.

the

at

production

the

will

Canada

body components and a new foundry at the Red Lion plant for
of grey iron castings, principally for automobile brake

mobile

drums.

outstanding

the

been

and tools were

and 63 railway cars were delivered to Brazil.
also reported on the company's recent expansion which
includes a stamping plant in Gary, Ind., for the manufacture of auto¬

Telephone Co. of Canada—Bonds Called—

Payment

mately 11 miles of freight trackage, and maintains various terminal
facilities in the Chicago Metropolitan area.
The new board of directors consists of L. R. Capron, J. J. Brinkworth,

190,752

dies,

manufacturers,

European

Budd

Mr.

555.

p.

of

All

have

by

the

and

171,

246,238

income___

oper.

Bell

Naming
chased

railway

from

Net

3,945,842

railway

from

Gross

Net

4,357,543

2,106,540

of

number

a

exported,

1947
$681,246
269,472
140,986

1948
$925,497
409,054

Illinois Northern Ry. Ef¬

Control of

of

Acquisition

2,473,614

4,049,076

income

income..:,

oper.

1949
$976,397
484,294
224,801

1950
i $959,128
534,159

January—

from

fees

Beaumont Sour Lake & Western Ry.—Earnings—

•

Monday, March 6, 1950

FINANCIAL CHRONICLE

THE COMMERCIAL &

(946)

.

$272,411
54,188

57,698'

*323

555.

p.

Telephone & Telegraph Co.'

(Trustees of) and Kansas Educational
Episcopal Church, Baldwin

Baker University

California Water & Telephone Co.—Registers With

-

,

Association of the Methodist

171,

—V.

The

847.

o.

recently called for redemption on

were

111.—V.

Chicago,

170,

Net

783.

p.

railway

from

53,913

—

(

*

176,018

ry. oper. income___
Deficit.—V. 171, p. 555.

to

1947

1948

$1,034,378
*33,584
182,011

$1,240,948

Net
'

-

$833,406
*139,465

railway—_

from

Gross

1949

19£>0

January—

,

and

Erie RR.- -Earnings—

V Bessemer & Lake

March 1, 1950, $10,000
of first mortgage serial and sinking fund bonds dated Sept. 1, 1947 at
par and interest.
Payment is being made at the Continental Illinois
National Bank & Trust Co., corporate trustee, 231 So. La Salle Street,
There

113,411

through
loans

operating revenues
Railway operating expenses,

Railway

—

recently

club

This

1950, through

called for redemption on March 1,

The

Net

$3,000,137

fund, $5,000 of first mortgage 5% sinking fund
due March 1, 1952 at par and interest.
Payment will be made
Harris Trust & Savings Bank, trustee, 115 West Monroe St.,

929,827

2,819,091

Net

the

1,116,702

railway operating income
income after fixed charges

Net

share.

Securities

at

♦Deficit.—V.

171,

p.

749.

1950

Month of January—

1950
$1,099,017
410,086
196.340

revenues..—

oper.

Net
Net

from

rev.

ry.

oper.

ry.

oper. income
income after fixed

Net

1949
$1,289,283
468,538
245,272

1948
$1,470,034
557,294
304,744

200,371

259,897

126,358

charges
—V.

—V.

1947
$1,087,039
276,561
158,444

151,099

January—
Ry.

1950

"__J_

income

♦Net

share.

per

Dividends

paid

Net

oil

'___

paid

Dividends
crude

Total

share

per

a.

(barrelsi__T

produced

payrolls

__J

:

expenditures

Capital

(net).

14,273,691

$7.96
6,124,853
$3.00
12,036,622
6,512,004
16,333,494

$6.42
6,659,417
$3.00
11.533,581
6,306,656
15,106,820

$4.10
f 3,439,342
$1.55
10,312,286
5,063,880
9,953,514

10,244

11,933

14,519

1,477

1,347

Employees
♦On

outstanding end

stock

1948

total

income

and

change in order to provide a

William Dewey

in part, as
In

The

income

company's

was

or

$7.96 per share.

in 1949 were affected by the following factors; (1) in¬
production; (2) a generally lower price structure; (3) a sub¬
stantial increased in operating charges and in depreciation due to the
Earnings

Brantford
have

in Kent County, northeast of Barnsdall's
Scurry County wells, at a cost to Barnsdall of $3,200,000 in cash and
$2,300,000 in oil payments.
The Scurry County leases are considered
largely proven production. While the Kent County acreage is wildcat,
recent drilling by other operators nearby has made this large block an
STOCK

PURCHASES—During 1949 and through February 1950, when

518,407 shares of Barnsdall stock were
reacquired at a total cost of $26,467,250, or an average cost of $51.05
per share.
Included therein are the 75,000 shares obtained through
discontinued,

were

of

a

call mentioned in

the last annual report.

As of March 1,

1,704,900 shares outstand¬
ing as compared with 1,865,800 shares on Dec. 31, 1949 and 2,223,307
shares the year previously.
1950,

of treasury stock, there are

exclusive

under agreements
dated Sept. 15, 1949, from The Prudential Insurance Co. of America
and from The First National Bank of the City of New York, The Chase
National Bank of the City of New York, Manufacturers Trust Co., New
FINANCING—The

company

borrowed

$40,000,000

First National Bank of Chicago, Security-First National
Bank of Los Angeles,
First National Eank & Trust Co., Tulsa, and
National Bank of Tulsa.
The loan is repayable in semi-annual instal¬

York;

The

ments of
first

10

2%%

$1,500,000 each April l and Oct. 1 commencing in 1950. The
totaling $15,000,000 held by the banks carry a

maturities

interest

rate;

the balance of $25,000,000 held

by the insurance

carries a 3%% interest rate. The loan agreements provide,
other things, that the amount of the loan outstanding shall not
specified relationship to the company's proved developed crude
oil reserves, that net working capital (excluding from current liabilities
company
among

exceed

a

■payments on the loan due within one year) shall be maintained at not
less than $11,000,000,
and that expenditures after June 30, 1949 for

company's capital stock shall not exceed $25,000,000
plus an amount which, together with dividends paid, shall not exceed
a
specified portion of net income.
(Since June 30, 1949, $20,311,756
has been expended for stock reacquisition.)
reacquiring

..

Co.

about

clients who own

called for

353.

p.

of

shares

redemption

on

and accrued dividends.—V.

'

154. p. J591.

underwriting

Feb.

22

publicly

headed

syndicate,

offered

and

by

.

-

sold 200,000 ordinary shares

(no par

per share flat.
This offering did not constitute new
the company, and the proceeds from the sale of these
share's; will not go into the treasury of the company.—V. 170, p. 879.

value)

$20

at

financing

by

the

STOCK—On Feb. 16. 1950 Atlas Corp..
than 40% of Barnsdall's capital stock, sold its shares

SUNRAY PURCHASE OF ATLAS
which owned more

Floyd B. Odium at the same time resigned as
as a director and was succeeded by C. H.
Wright, President of Sunray Oil Corp.,
in both capacities. O. L.
Johnston, George H. Howard and L. Boyd Hatch of Atlas Corp. also
resigned as directors and were succeeded by Glenn J. Smith, L, W.
Bennett and Edward Howell, all of whom are officers or directors of
toJ:he Sunray Oil Corp.

Chairman of the

Board and

Sunray.—V. 171, p. 847.




Distillers of Vancouver Ltd.—Name

Brewers &

Ltd..

the

and

this company was changed to Western

of

The name

Chang'd

Oct.

at

V.

170,

1950

$10,225,049

ing to Charles Ward,

Ry.—Earnings1949

$2,919,898

$3,072,267

$3,005,157

$2,591,435

233,427

315,545

294,746

*50,461

59,196

*2,673

64,122
*191,823

from

from

ry.

income—.

oper.

♦Deficit.—V.

171, p.

555.

Calendar Years—

1949
$9,991,658

Profits—
1949

*"

company

covering

Feb.

on

of

shares

10,590

letter of notification with the SEC
common stock (par $10)
to be offered to
filed

16

Feb. 24 offered to its stockholders of record Feb. 17,
10,590 shares of common stock at $28.25 per share. Right to subscribe
expires on March 13.
This is an offering of one share for each 14.3
shares now owned.
Stockholders, in addition to receiving preemptive
The company on

will be entitled to subscribe to additional shares.

rights,
is

not

being underwritten.
proceeds are to be used to

The

after
per

Dividends
Profits

taxes

share.
.—.—
(prelerred and common)
common

reinvested in the business

Working capital
value

Number of

Number

of

per

common

The

(average)

largest

sales

by the company in

1,370,000
38,258,105
$11.15

25,337
20,613

26,290

Central RR. Co. of New

Budd, Jr., President.
"In our Railway Division,"

insurance, etc.

Mr. Budd

81,237,624
13,825,910

said, "we completed 322 cars

with 197 in the preceding year."
railway disc brakes and highway truck trailers
continued 011 a profitable and growing basis, he said.
In the foreign field. Mr. Budd stated, business has been jnrreo singly
during 1949, compared
Production of plows,

active

The offering

treasury

from

Net

ry.

Jersey—Earnings—

1950

from

Net

1947

1948

$3,353,760

$3,257,578

$2,868,832

130,773

*53,462

155,899

*366,922

_

*596,663

*841,193

♦506,634

income..

oper.

1949

$2,399,584
287,215

railway-

railway

♦Deficit.—V.

171,

847.

p.

throughout the year.

In addition to

Pennsylvania—Earnings1950

receiving substantial license

1947

1948

$1,273,971

$1,592,260

$1,487,719

$1,464,308

railway
oper. income..

348,815

588,669

346,601

508,556

579,465

777,882

544,489

619,203

from

Net

ry.

—V.

1949

railway-

from

Net

171,

p.

847.

Central States

Electric Corp.—Preferred Stockholders*

Group Files Amended Plan—
A

of

committee

Court

District

at

.6%

preferred stockholders has filed with the U. S.

Richmond,

Va.,

an

amended

plan

for

the company's

reorganization, counsel for the committee announced on March 1.

20,879

76,642,159
10,104,557
and profits in its 37-year history were announced
its annual report for 1949, according to Edward G.

incl. wage taxes, group
paid or accrued

Payrolls,
Taxes

share

shareholders—preferred and common
employees

•

870,000
46,157,670
$14.57

Long-term debt repaid
Book

reimburse the

for amount
additions to property, plant and equipment.—V. 171, p 847.

spent for

Gross

1948

i 266,633,612 219,583,651
15,038,116
9,329,864
$4.12
$2.48
3,148,477
2,279,368
11,889,639
7.050,496

the year

for

a

stockholders.

January—
$ '*

■

Profit

SEC—

Central Ohio Light & Power Co.—Files With

Central RR. Co. of

Profit

1947

1948

1950

railway

railway..

January—
Gross

1950. Payment

President.—V. 171, p. 462.

Budd Co.—Has Record Sales and

Sales

Redemption—

2127.

p.

Central of Georgia

Gross

higher than last year, accord¬

January were 9.6%

Orders received in

large

a

Canada Breweries,

Bigelow—January Sales Higher-

Month of January—

manufactured

for redemption for the sinking fund on April 1,

the

stock (par $5) was increased from
shares.—V. 171, p. 358.

Sales

will- be

redemption price of 101%% and accrued interest will be made
office of Dillon, Read & Co., paying agent in
N. Y. City—•

the

at

January—

Brown &

which

aggregate principal amount of $750,000 of 3% debentures, due
1, 1965, has been drawn by lot by City Bank Farmers Trust Co.,

trustee,

capital

authorized

750,000 shares to 1,000,000

in

factory

Celanese Corp. of America—Partial
An

The

Co., Ltd.—Stk. Sold

new

a

and parts depot at San Leandro, Calif., and parts depots at
City, Kan.; Atlanta, Ga.; Shreveport, La.; Albany, N. Y.; Min¬
neapolis, Minn.; Spokane, Wash., and Indianapolis, Ind.—V. 171, p. 847.

\

A. E. Ames & Co., Ltd., on

announces that it has acquired approximately 300 acres
land near Joliet, 111., on -which it will immediately start

of

Kansas

cumulative first preferred stock
April 15, next, at $26.50 per share

Brazilian Traction, Light & Power
An

Light Co.—Registers With SEC—

on

factory

Co., Ltd.—Calls Preferred Stock—

Cordage

outstanding

the

been

171,

for on

portion of the company's extensive line of bulldozers, scrapers, wagons
and rippers.
In
addition to its main plant at Peoria, 111., the company has a

Net

purchase.

purchases

exercise

&

,

County leases and 27,075 acres

attractive

of

All

decrease

(consummated early in 1950) of 983 acres of Scurry

purchase

Carreau

paid

and

200,000

Net

$700,000 of bonds.—V.

development campaign carried on during the year; (4) a large
in local
taxes;
(5i
additional interest expense of approxi¬

ACQUISITION OF WENTZ ACREAGE IN WEST TEXAS—At the end
of 1949 Barnsdall and Seaboard Oil Co. of Delaware were negotiating
the

of

company

construction

permitted to intervene as an independent bond¬

interest

the

in

and

holder

bought

Interstate Securities Corp. at $2 per share, less 12Va
thus rounding out the capital to an even
The proceeds are for improvements and construction,

469.

p.

of unimproved

$1,120)."

(about

Kessel has been

Mr.

creased

for

In exchange for

my

claim

$7.65.

1

offer.

fails to adequately compensate
they are asked to surrender.
It represents only about 62%
of their claim whereas I believe bond¬
holder's would be justified in demanding a minimum of 80%
of the

stock outstanding was substantially reduced during the

mately $450,000 on account of bank loans; (6) a substantial
in the provision required for Federal income taxes.

Central Railroads are to file with the
reorganization plan by March 9. The

York

opinion, this new offer still
bondholders for the
rights and claims
"In

If the stock in the hands of the public on Dec. 31. 1948 had been
the same as at the end of 1949, net income for 1948 would have been

increase

New

slightly improved their previous

The proceeds will be used for plant,

corporate purposes.
shares of stock was

Caterpillar Tractor Co.—To Build New Factory—

changes in the amended
have

shares.

169,

The company

approximately $1,400 per bond representing claims of principal and
accrued interest, they now propose to give $775 in cash; approximately
934 shares of common stock of New Haven; plus an additional small
cash payment for rental to be paid by the New Haven.
This offer is
equivalent to between $850 to $860 per $1,000 bond based on current
market prices for the New Haven stock.
This compares with the pre:
vious offer represented by a package of securities which would have
had a workout value of about $800.

year.-

intensive

and

Haven

the

railroads

tAn adjustment has been made
as a result of the accounting

$14,852,469,

32,068

/

"New
ICC

fair comparison with 1949's figures.

income

to

part:

Loucks, President, on March 1, stated
net

letter

11,250

Feb. 23 filed a registration statement with the SEC
shares of its common stock, without par value.
Merrill Lynch, Pierce, Fenner & Beane and R. S. Dickson & Co., Inc.,
are
named
as
the principal
underwriters.
The public offering price
and underwriting terms are to be supplied by amendment.
Net proceeds of the financing will be used to provide for construc¬
tion expenditures.—V.
171, p. 847.

*

•

Research and ^vestment Department
the New York. Stock Exchange) in a
holders of first mortgage bonds on Feb. 17 said in

Carreau

circular

follows:

Barnsdall's

1349

of year.

net

$6,985,479
5,878,711
252,193

Kessel, Manager of the
& Co. (members of

C.

M.

of

—

Co.—Bondholder Objects to Plan—

Boston Terminal

9,119,031

:_

Stockholders

in

■

1947

tl948

1949

>

14,852,469

1,398

income

1949

$6,562,159
5,513,282
185,699
*44,465

.

8,

share commission,

covering

January—

$37,641,907 $37,190,205 $25,131,037

income

Total
Net

I,

J

general

Carolina Power &

Operating revenues
Operating expenses
Net railway operating income
Income after fixed charges
♦Deficit.—V. 171, p. 462.

(& Subs.)—Highlights of Report

Years—

—V.

The

RR.—Earnings—

4

Calendar

_

and

1950 by

per

150,000

1949
$6,039,348

ISO.

171, p.

Boston & Maine

171, p. 650.

Barnsdall Oil Co.

$5,229,631

Sales'

Bangor & Aroostook RR.—Earnings—

15,

cents

Inc.—January Sales Off 13.4%—

Bond Stores,

•

pay

and

2.

1950 on a pro rata basis at $2 per
1950.
The underwriter is Interstate

25,

March

Charlotte, N. C.

additional

Feb.
•

expire

Corp.,

equipment

Feb.

record

of

Rights

An

111.

Chicago,

p.

on

50,000

stockholders

operation of the sinking

$5,712,144

*838,443

operations

railway

from

rev.

proceeds are to be used to
of extensions, additions

cost

part

in

Feb. 20 filed a letter of notification with the SEC
shares of common stock (par $1) to be offered to

company

covering

bonds,
.

The

sale.

deirav

to

Carolina Mountain Telephone Co.—Files With SEC—

Club—Partial Redemption—

Bob O'Link Golf

;

and may be underwritten by Blyth & Co.,

amendment,

negotiated

and

improvements during 1950.—V. 170,

-

1949
$27,260,377 $31,485,618
24,260,240 25,773,474
1950

named by

Inc.,

Baltimore & Ohio RR.—Earnings—
January—

50,000

be

bank

$1,052,182
*128,907
290,587

SEC

Feb. 23 filed a registration statement with the SEC

on

35,000 shares of $1.25 cumulative preferred stock (par $25)
shares of common stock (par $25).
The underwriters are

covering

City, Kansas—Partial Redemption—
f
■

company

plan provides that holders of all classes of 6%> preferred stock
receive for each old share the right to buy a unit consisting of

The
will

eight shares of
4Va %

income

stock,

except

Williams
one

new

and

new

common

debentures

for

stock and $14 principal amount of new
a package
price of $18.
The common

for approximately 4,600,000 shares held
by Harrison
associates, would be offered the right to buy a unit of

common

share

and

$1.75

of

new

income

debentures

for

a

package price of $2.25 for each five common shares held.
The plan
to

be

paid

outstanding
would

provides further for holders of the present 5% debentures
in full with interest, and for the company to purchase the

5V2% debentures with interest. The 7% preferred stock
undisturbed. Funds for the redempition of the 5% de-

remain

Volume

Ventures

171

and

the

one-year bank

000,
i

it

purchase

loan from

5Va %

of

issue

of

Darien Corp.

P. Morgan & Co.

J.

stock

•

debentures

and

would

be

raised

by

a

be

underwritten

•

Also

by

banking group headed by Hemphill Noyes, Graham,
Co., Shields & Co., Blair, Rollins & Co., Drexel & Co. and
Sterling Grace Co.—V. 171, p. 847.

Parsons

a

both

alternate

Gross
Net

99.772

from

Net

$732,000

107,600

36,693

63,728

1,824

"72,516

"49,022

Co.

Gross

Division

intention

no

at

FIRST

MONTH

1950

from
ry.

railway
railway

OF

in

1

to

15

*

stock (par 100) in units of one share.
preferred and two shares of common stock at $6 per
(flat). This offer was limited solely to residents of

of

unit

New York State.

r

YEAR

1945

$2,316,133

corporate

1948

$2,524,037

1947

$2,637,420

$2,503,134

116,396

171,

96,441

167,215

337.456

"206,933

"275,875

32,404

small

loan

to Houston, Texas.
He states that the company
making such a move and, on the contrary, intends
substantial operations as well as its general offices
Ohio—V. 170, p. 2434.

Co.—January Sales Off 7.77 %—

—

of

Number
—V.

of

stores

in

1946.

ized

shares

The

and

amendments

reduced

Co.

Inc.,

OF

AS

FEB.

1.

1950

which
its

(BEFORE

conducts

certificate

FINANCING)
Outstdg.

50,000

2,650
316,000

1,000,000

"

Chanslor & Lyon-Palace Corp.—Personnel—
The

directors

mann,

tary,

Vice-President;

and

R.

Serving
A.

appointed the following officers:
Bruce DohrThomas A.
Walsh,
Executive Vice-President;
Roy

President;

Adams,

F.

Roy

Robert

Forrester,

the

on

Walsh,

The

have

board

Adams,

Dohrmann.—V.

171,

Dohrmann,

Treasurer

of

and

directors

Garret

Vice-President

The

Secre¬

and

company

1950,

at

held.

Bruce

Dohrmann, Thomas
Charles Fay and Robert

to

proposes

Co.—Registers With SEC—

registration statement

a

common

offer

stock,

$8.50

with

the

Clinchfield RR.—Earnings—

SEC

January—

par.

shares

498,666

of

the

stock

Gross

for

to

the

rate

additional

of

share

one

58,000

of

shares

new

the

of

Net

the close of business March 15,
stock for each five shares then

The subscription offer will expire April
7,

An

stock

to

be

offered

for

Net

January—
Net

from

Net

ry.

—V.

railway—.

1947

$416,240
33,369

81,021

2,614

44,245

49,815

$429,270

$393,983

Net

New

Unadilla

&

York

Public

Telephone

Service

Feb.

on

authorized

9

Chenango
$162,697,

Valley

and

would

company

the

Otselic

be

transferred

for

company

not

for

not

than

more

the

financing

January—
Gross

will be

used

to

finance

1949

railway.—
railway—

$2,968,140

oper.: Income—

from

Net

ry.

—V.

1950

from

Net

more!

$17,183.

the

earnings

Earned

per

Dividends

a

—V.

171, p.

1948

1947

$3,049,231

$3,193,762

947,365

880,655

1,111,580

491,724

636,672

*

Gross
Net

from

from

Net

.

'The
of

1947

income

1,457,243

551,466

-

2,520,598

3,130,288

Equipment to Be Submitted—

on

will

company

of

until

noon

equipment

instalments

15

over

of

March

trust

8

receive

certificates,-

bids

for

an

mature

to

in

issue

semi¬

The

ICC

9

Kirksville to Green City,

the

to

company

abandon

Mo.—V.

23.43

miles

171, p. 555.

January— "
from

from

Net

ry.

"

'

1950

1949

1948

1947

$1,321,328

$1,471,328

$1,398,278

170,929

268,967

118.071

"45,267

32,715

railway
income—

oper.

"Deficit.—V.

'

80,737

&

'

•

.

Chicago Milwaukee St. Paul & Pacific RR.—Earnings
January—

Gross

1950

from

Net

from

Net

ry.

railway

railway

1948

Inc.;

Canada

701,141

526,681

2,034,807

3,623,504

"1,322,248

"335,504

1,477,161

"Deficit.—V. 171, p. 650.

1949,

23,

for

our

i953
They

annum.
March

and

-

from

other
At

Life

for

Chicago & North Western Ry.—Equipment Trust Cer¬
tificates Offered—A group headed by
Halsey, Stuart &
Co.
Inc., on March; 1 was awarded $7,065,000 21/4%
equipment trust certificates dated April 1, 1950 and ma¬

turing annually from April 1, 1951 to 1965, inclusive. Is¬
sued under the Philadelphia
Plan, the certificates were
reoffered by the group at prices to
yield from 1.35% to

to

working capital.

Canadian

in

of

Prudential Insurance Co.
Co.

On

at

Dec.

of

The

capital

the

series

America

price of $100 per. share,
1949, the corporation bor¬
$50,000,000 on its 3.40%
notes, are subordinated to all

debt

amounted

to

the

$254,860,000,

corporation
and

debt

proposals:
99.142;

Halsey, Stuart & Co. Inc., 99.437; Harris, Hall & Co. (Inc.),
Ripley & Co., Inc. and Lehman Brothers (jointly),

Harriman

and Salomon Bros.

The

certificates

standard-gauge
Diesel

electric

units;

eight

tric

will

"A"

&

be

freight

Diesel

electric

switching locomotives,

Other

Hutzler, 99.094, all for 2s.

issued

to
provide for the
equipment, estimated to cost
units; four Diesel electric

railroad

following

roadswitching locomotives;

12
and three coaches—rail Diesel

Consolidated net income of the
the

highest

ings,

after

in

its

share

common

Deferred

was

with $4.57
of

for

1949

was

with

preference

the backlog

in

$17,071,475 in
stock, were equal

to

F.

members

G.

Yantis

S.

pared

per

1948.

future

gross

—V.

FOR

January—
Gross

from

Net

ry.

MONTH

1950

from

Net

FIRST

railway—

oper.

1949

1948

1947

785,349

171,

p.

436,263

1,474,940

"605,085

income—

"668,788

"1,844,323

"1,068,776

143,356

CONSOLIDATED

January—

service,

Interest

Gross

from

Net'-from

Net

'

railway—

oper. income

ry.

—V.

railway

171,

.

1943

Omaha Ry.—Equip¬

Offered—Harris, Hall & Co., Inc.,

Equitable Securities Corp.

were

awarded

at

and

Commercial

and

Financial

Chronicle

(Reg.

U.

S.

Patent

Office)

that

the

be

to

and

stock.

of

FOR

$129,185,226

dividends

Total

received

income
expenses

Interest

on
on

"Provision

current

intends,

subject

to

value

of the

of

such

new

sale

to

be

special

a

market

sell

Dana

offices:

135

as

S.

second-class

Seibert,
La

Salle

matter




by

con¬

initial

an

stock.''

used

cumu¬

approved

favorable

preferred

will

at

the

of

Is'

now

increase

to

the

It

from

March

on
a

or

new

cumulative

the

171, p.

30

will

consider

authorizing the creation

cumulative preferred

redemption

and

preferred stock

certificate

of

stock

retirement
to

incorporation

of

(par

$100), and
presently out¬

the

eliminate

and

the

all

references

authorized

capi¬

750.

Net

,

48,521

Alexander

have

been

366.318

income

dividends

per

on

common

shs.

common

stock

outstdg

viously provided
for losses of

and

Mr.

21,048,486

14,250,382

6,870,211
4,711,046

5,531,650

3,203,850

3,483,333

1,399,658

9,845,000

3,796,919

is

B.

Dana

per

of

the

company)

Nelson

Mr.

for

a

period

and
of

Samson

two

Selig

years.

Mr.

Corp.,

of

Daniroea,

and

a

Ltd.;

director
p.

Chairman

of

of

the

the

Molybdenum

Elec¬

Corp.

of

359.

Stock of New Unit—

Directors,

Feb.

on

of

$26,232,673 $17,071,475
1,833.334
700,000

common

of

Consolidated,

11,638,081
3,580,948

8,057,133
3,580,948

but

$7,282,086

.

stock

13,

in

lieu

Floyd

payable
thereof

B.

solidated

its interests in its

of

March

31.

at

the

cash

a

Inc.,

dividend

for

record

No
rate

of

each
at

fractional
of

$4.50

one-tenth

share

the

per

of

close

of

a

common

of

share
stock

business

shares

will

share

will

be

be

on

issued

paid.

Chairman of Convair, said that on Feb. 23 Con¬
to
Airfleets, Inc., its wholly-owned subsidiary,
property at Vultee Field, Downey, Calif.; the Stinson

transferred

at

Wayne, Mich.; 85 Stinson planes and spare parts, notes of
Aircraft "Corp. having an unpaid balance due of
approximately
100,000 shares of the common stock of
Piper, 15 ConvairLiner commercial transport planes and
$75,000 in cash.
Mr. Odium said Convair's book value for
the foregoing assets was

-

Piper

$116,000,

now

1963

Airfleets,
holders

Odium,

7,161,896

plant

declared

24

of

to

3,580,948

Airfleets

Called—

company is notifying holders of its 5%
gold debentures due
1,
1963,
that
all
of
these
debentures
have
been
called
for
on May
1, 1950, at 103% and accrued interest'.
Holders
may obtain immediate payment
of the full
redemption price at the
Central Hanover Bank & Trust
Co., New York, N. Y—V. 171 p. 750.
William

to

President

Chemicals

approximately

The

M.

Production

Consolidated Vultee Aircraft Corp.—To
Pay Dividend

in

1,465

Cities Service Co.—Bonds due

redemption

(co-founders

America, and Spiegel, Inc.—V. 171,

required and after providing all reserves
financing and factoring companies.—V. 170, p. 2127.

Nov.

Inc.—Donald

War

by Boris

Pregel

transferred

Nelson

tron ized

share

not

the

company.

$6.81
$4.57
$2.03
"After reduction by excess reserves
of $789,186 in 1948 and
$234,06.5
1947 provided in prior
years,
tlncluding recoveries of reserves pre¬
.

of

of

$131,077,940 $96,921,365 $62,623,409
43,738,194
39,941,421
32,589,232

.

preference stock

Mines,

Chairman

Selig is Secretary of the company. The shares constitute
approximately
32% of the 1,057,785 shares
outstanding on Feb. 14. Boris Pregel was
President and Alexander Pregel, Vice-President and Treasurer

567,537

March
on

former

$1.25

2,139.608

406,789

directors' quali¬
subsidiaries

Number of common

in

1,504,174'

of

consolidated

Nelson,

share, the present public offering price. The option
may be exercised
at any time up to two
years from the date of the option
agreement.
Voting rights on the 344,280 shares of common stock owned

1947

§94,961,881 $59,549,945

18,395,000

taxes

Cash divs.

Cash

YEARS

1948

Canadian

&

M.

99,817

indebtedness.

Federal

191.

Board
former Assistant to the President of
the United States, has been
elected President, Treasurer and a
director of this corporation.
Richard
J. Reynolds, industrialist of
Winston-Salem, N. C., was elected VicePresident and a director, and
Joseph B. Keenan, formerly Assistant to
the Attorney General of the
United States, was elected a director.
None of the new officers and directors will
receive any remuneration
for their services until such time as
mining operations show a profit.
However, Mr. Nelson will receive an option from the
company, entitling
him to purchase
up to 60,000 shares of common stock at

and

30,889,906

indebtedness.^

non-curr.

for

„

on

ten
by insurance subsidiaries
Investment expenses

Interest

CALENDAR

•

/

pres¬

charter

fully

underwriting, arrangements,

par

the

proposed

fleets'

its

$8,500,000

notes

common

The

*

he

added.
After

Vultee

slightly
p.

191.

payment
will

and

that in return,
Convair received from
$6,825,000 and 235,000 shares of Air¬
dividend was declared out of this

aggregating

stock.

of

stock,

this

dividend, Mr. Odium stated, Consolidated
approximately 5,300 shares of Airfleets' stock, being
than 2% of the outstanding stock of
Airfleets.—V. 171,

own

more

Company, Publishers, 25 Park Place, New York 8, N.
President; William D. Riggs, Business
Y.f REctor 2-9570.
Herbert D. Seibert, Editor and Publisher:
Manager.
Published twice a week
[every Thursday
(general news and
St., Chicago 3, 111
advertising Issue)
with
a
statistical
issue
on
(Telephone State 0613); 1 Drapers'
Monday].
Other
Gardens, London,
E. C., England, c/o Edwards & Smith.
February 25, 1942, at the post office at New York. N Y
Copyright 1950 by William B. Dana
Company.
Reentered
under the
Act of M arch
3.
1879.
American Union, $35.00 per year;
Subscriptions in United States, U. S. Possessions, Territories and Members
In Dominion of Canada, $38.00 per
of
Pan*
year.
Other Countries, $42.00 per year.
NOTE: On account (f the fluctuations in the rates of
exchange, remittance for foreign subscriptions and
advertisements must be made in New York funds.
/
William

its

cumulative

eliminate

This

effective until completion
all the outstanding shares of
3.60%

proceeds

stockholders

Donald

com¬

—

com¬

petitive sale on March. 1 a new issue of $915,000 2%
equipment, trust certificates, dated April 1, 1950. These
certificates were awarded on a bid of 99.07.
Subject to
approval of the Interstate Commerce Commission, the
certificates were reoffered at prices to yield from 1.40%
The

ACCOUNT

—1,705,662
profits realized on sales of sees.
Drl77,647
Miscellaneous income
364,699

Earnings

ment Trust Certificates

and

earned

securities

1947

$13,542,243 $14,389,395 $15,175,731 $14,036,404
2,786,384
3,234,614
3,181,230 " 3,855,521
735,808
1,099,653
1,059,547
1,802,674

St. Paul Minneapolis &

INCOME

premiums

Minority interest
fying shares of

555.

P.

Chicago

and

1949

SEO

of

for

and

Net

income

1950

preferred

Caribou Silver
Nelson Elected President—

in 1948.

1949

fNet

750.

Chicago Rock Island & Pacific RR.—Earnings—

used

Consolidated

com¬

Dietz, President, commented in the report as follows:
December 31, 1949, our total
capital and surplus was $180,649,833.
The financial
position of the corporation is strong and the port¬
folio of receivables is in prime
condition. Consolidated net earnings in
1949 were greater than
any previous year and the outlook for 1950
continues to be excellent."

Claims incurred under
policies writ¬

YEAR

$12,819,906 $13,503,768 $14,262,673 $13,297,667

railway

'"Deficit.—V.

OF

$3,308,705,983

with $3,226,058,169

Operating
EARNINGS

not

board

$25,000,000

171, p.

record

a

"At

Co.

&

all

The

Arthur O.

missions

Lee

1950,

City Bank Farmers Trust Co., New York, is now
prepared to
accept temporary 3% sinking fund debentures due
April 1, 1999, to be
exchanged for
definitive
debentures
bearing
interest
coupons
due
April 1, 1950, if in bearer form.
The exchange will be on a
number
for number basis which will
require at least 48 hours for completion.

Earn¬

$6.81

$732,135,458 at the end of 1948.
Combined volume of receivables
purchased by these subsidiaries
during 1949 was

cars.

of the offering group were R. W.
Pressprich & Co.;
Becker & Co. Inc.;
Gregory & Son, Inc.; Hornblower & Weeks;
Higginson Corp.; Otis & Co.; L. F. Rothschild & Co.; First of
Michigan Corp.; Freeman & Co.; Wm, E. Pollock & Co.
Inc.; Julien
Collins & Co.; McMaster Hutchinson &
Co.; Mullaney, Wells & Co., and

A.

April,

Commonwealth Edison Co.—Definitive Debs.
Ready—

$26,232,673,
1948.

figure in the corporation's 42-year
history.
Financing and factoring subsidiaries of the corporation had receiv¬
outstanding at Dec. 31, 1949/of $834,409,673, which compares

30

elec¬

will

satisfactory

conversion

thereto

earnings, increased to
31, 1949, compared with $71,024,613 a year earlier.

Dec.

on

corporation

compared

the

on

compared

income,

$103,086,992
This also

history,

dividends

passenger

Diesel

not

shares, $100 par)

cumulative

500,000 shares of

Reports Record Earnings—

new

$8,846,878:
"A"

of

tal.—V.

with

99.0713;

but

or

standing 3.60%

$333,263,890.

was

(500,000

which

and

The
of

was

current

in

working capital of the company, to be used for the
purchase of receiv¬
ables in the
ordinary course of its financing activities or advanced to
or invested
in subsidiaries for such
purposes or other purposes related
to their businesses.

serial

a.

of

stock

stockholders, the

ditions

15,

surplus

reserved

authorized

upon

and

registration statement with the
stock, $10 par.

redemption

conversion.
The public
price and underwriting commissions on these
shares are to
disclosed by amendment.
After the expiration of the conversion
right, the only right .of such holders who do not convert
"is to receive
the redemption price of
$105.50 for each share" of preferred stock
held.
The
directors have voted to authorize a new

companies,

1969.

stock

common

intended
cumulative

for

cumulative preferred stock
(249,842 shares outstanding Dec. 31,
is convertible into 1% shares of
common
prior to the close of business on an unspecified date in
April.
Underwriters headed by Kidder,
Peabody & Co. and The First Boston
Corp. have agreed to purchase from the
company such of the shares
of-

'

common

called

redemption of
lative preferred stock, is to be voted
upon by stockholders
meeting to be held March 30, 1950. If the amendment is

funds.
no-par

of

shares

has

1949), each share of which

conversion

ables

Interstate Commerce Commission.

Md.—Registers

stock

amendment,

Brothers.-

$4

427,943

company

a

'

2.50%, according to maturity, subject to approval of the
Also for l-to-15 year certificates,
competing bids were received as fol¬
lows: Harris, Hall & Co., Inc., 99.0713; Harriman
Ripley & Co., Inc. and
Lehman
Brothers
(jointly)
99.1143; and Salomon Bros. & Hutzler,
99.0966, all for a 2)4% coupon.
For alternate bids on the same cer¬
tificates maturing in l-to-10
years, the road received
the following

Baltimore,

filed

class

corporation.

the

money

to The

insurance

the

term

borrowed

Co.,

24

3.60%

ently

funds was borrowed in
country.
These notes^ maturing
interest ranging from 2V*% to 2Va%

in

company on Feb.

preferred

Canadian

bear

capital.

due

of

1949,

$180,649,833;

Lehman

in

Insurance

same

notes

31,

Credit

r

offering

that

payable

sold

were

the

liabilities
Dec.

1954,

are.,

Metropolitan

subordinated

and

in

19491,l: 200,000 shares

16,

preference stock

rowed.

group of

•

be

debentures, due in 1959, were
underwriters headed by Dillon, Read

$5,000,000

operations

during 1952,

and

a

Kuhn, Loeb & Co.,

Aug.

adding $20,000,000

1947

"1,083,057

income—

oper.

1949

$16,682,704 $18,461,137 $19,398,327 $17,608,765

.

1, 1950, and the

loan agreement /was also signed with

a

publicly through

Co.

,On

On
'

1

1949, $50,000,000 of 2%%

per

"71,318

171, p. 650.

to

,

Life

$1,177,315

106,330

railway

March

011

$3.26

$2.00

holders

The

Insurance Co. whereby the
corporation,
or before
April 1, 1950, will borrow $25,000,000 due
April 1, 1965, at 2%% per annum.
April 19,

$3.51

$2.00

share

common

March

covering
-

on

sold

'

Gross

1950,

York

On

Chicago Indianapolis & Louisville Ry.—Earnings—

Net

Equitable Life which is due
On Feb. 9,

Feb.

authorized

which this corporation, on March 1, 1950, borrowed
$75,000,000, due March 1, 1955, at 2^2% per annum. Of this
amount $50,000,000 will be used to
pay the note held by

New

from

on

branch line

a

remaining $25,000,000 will be added

years.

Abandonment Approved—
of

1950,

per

1948

750,

With SEC—

Corp.—Arranges Private Loans—On
loan agreement was signed with the Equitable Life Assurance Society of the United States under
Feb. 9,

share

common

paid

Commercial

555.

C. I. T. Financial

1948

-

,

railway.— $16,175,878 $16,530,188 $19,064,900 $17,453,340
3,950,873
' 2,588,223
5,822,702
6,348.287

$10,200,000

annual

1949

railway

oper.

ry.

Bids

1950

1949

$168,558,369 $169,202,900
2,554,494
2,356,370

^

of
4)4%' series cumulative preferred
shares were
to
3 on a
proposal to authorize the company to extend to
31,
1953, enlarged
unsecured
Indebtedness In
excess
of
the
limitation contained in the articles of
Incorporation.—V. 170, p. 660.

455,323

$2,745,880

.

Chicago Burlington & Quincy RR.—Earnings—

755,003

March
•

The

January—

526,185

Columbus & Southern Ohio Electric Co.—To Incr. Debt
vote

827,619

507,439

u

171, p.

Th?

to purchase Chenango Valley Telephone Co. and Otselic Tele¬
phone Corp., which serve about 2,700 stations in Broome, Chenango
and Madison Counties, N. Y.
The

of

Cincinnati New Orleans & Texas Pacific
Ry.—Earnings

company

than

Net

portion of
the
company's construction program, estimated to involve expendi- '
tures of $16,401,000 in 1950 and
$18,052,000 in 1951.—V. 171, p. 3.

Corp.—Acquisitions

Commission

proceeds

345,199

555.

p.

Sales

remaining 40,000 shares cover shares which may be acquired
by the company in its stabilization of the market price of the stock.

84,515

48,611

836,070

"

Year Ended Dec. 31—

(The

555.

p.

Chenango
The

1948

$386,017
90,278

railway
income...

oper.

171,

Ry.—Earnings-

1949

1950

from

1947

$1,605,091

628.830

income—

oper.

171,

1948

$1,712,160

443,525

Colonial Stores Inc.—Earnings
Higher—

Union

The

Gross

ry.

1949

$1,427,446

598,292
506,509

railway
railway

sale

employees

the

Charleston & Western Carolina

1950

$1,518,194

from

from

—V.

1950.

are

(including officers) of the company and its subsidiary,
Light, Heat & Power Co.
offering price of the stock is to be filed by amendment, the
price both to stockholders and employees to be the same.
No under¬
writing is involved.

750.

p.

on

596,666

subscription by stockholders of record at

Controller.

are:

McEnerndy ir,

Feb, 24 filed
shares of its

company

covering

of

Authorized

Preferred stock (par value $4)
Common stock (par value 10 cents)

Electric

'

par value of its author¬
authorized shares.

its

51

171, p. 190.

Cincinnati Gas &

other

Owns all of the issued and

the

changed and reclassified

CAPITALIZATION

$1,631,862

52

operation

for

and

Its charter is perpetual
corporation to invest in se¬

1949

$1,505,005

capital

|
14,

1950, Citizens Discount Corp. amended

.

Mill

working

Nov.

business.

January,
incorporation.

*

1950

expand

among other powers, authorizes the
curities and in commercial paper
generally.

In

Childs

to

and,

a

Month of January—
Sales

used

outstanding capital stock of Citizens Finance

750.

p.

be

purposes.

CORPORATION—Incorporated

"187,138

income—

oper.

"Deficit—V.

very

Hamilton,

maturing

for 2V2S.
FOR

from

Net

555.

Thomson, Vice-President in charge of public relations,
describes as completely unfounded the
recent rumor that the com¬
pany is moving its general offices and all the facilities of the Hamilton

maintain

certificates

same

•

common

PROCEEDS—To

J.

(Ohio)

99.328

January—

Champion Paper & Fibre Co.—Denies Move to Houston

to

the

on

EARNINGS

Net

has

shares of

*

oper.

Dwight

Inc.,

$760,432

"1,133

income
"Deficit.—V. 171, p.
ry.

$786,000

109,982

railway—
railway

Citizens Discount Corp. (N. Y.)—Stocks Offered—The
corporation in February publicly offered 47,350 shares
6% cumulative preferred stock (par $4) and 94,700

1947

$771,000

from

bids

following bids were received: Harris, Hall & Co. (Inc.),
for 2%s; Salomon Bros. &
Hutzler, 98.187 for 2%s; and Halsey,

3

(947)

-

of

the

Stuart &

1948

1, 1951, at 2.40% for the April

2VaS.

for

For

Central Vermont Ry. Inc.—Earnings—
1949

CHRONICLE

for

years,

1950

FINANCIAL

l-to-10-year certificates, the competing bids were received
follows: Salomon Bros. & Hutzler,
99.305; and Halsey, Stuart, 99.013,

as

&

January—

&

1, 1960 maturity.

>•

would

COMMERCIAL

for those maturing April

Incorporated, of $11,737,-

.

new

and

THE

debentures

stated.

was

The

Number 4887

'

4

THE

(948)
Delaware & Hudson RR. Corp.—Earnings—
January—

Gross

railway
railway..

from

Net
Net

$4,127,354

1947

1948

880,642

$4,302,754
405,524

438,532

income

oper.

ry.

—V.

1949

1950

from

137,445

$4,505,314

829,989
375,733

'

171, p. 556.

Delaware Lackawanna & Western RR.—Earnings—
1950

from

Net

from

Net

ry.

railway
railway

1947

1948

$5,761,165
761,877

$6,970,432

$6,939,578

$6,345,669

1,194,442

1,060,372

1,182,415

301,295

534,431

386,002

486,733

income

oper,

-rV,. 171,

1S49

556.

p.

Delaware Power & Light Co.- -Plans Offering to
mon Stockholders—
The directors

shares

mon

Feb.

on

the

to

Com-

24 approved the sale of

stockholders

232,520 additional com¬
employees to finance part of the

and

system's 1950 construction program.
Common stockholders of record April 5 will receive rights to subscribe
to one new share for each six shares held.
Shares not taken by the
stockholders

to

up

will

stockholders
The

the

be

maximum

a

or

company's employees and officials,
shares each.
And shares not purchased by

offered

150

of

employees

subscription

directors at

for

each

will

sold

be

underwriters.

to

from

from

Net

ry.

—V.

$5,306,075

$4,329,643

1,019,332

1,563,277

639,497

income

oper.

1947

1948

1949
$5,166,081

743,483

railway

railway

379,152

539,879

314,006

1,015,370

series due 1969.

Co.—Annual

Report—The income ac¬
with remarks made by
Prentiss M. Brown, Chairman, will be found in the
"Chronicle" of Feb. 20, page 751.
CONSOLIDATED BALANCE SHEET,

$

__I

7,264,562

receivable

accounts

Instalment

subscriptions

—

to

debentures

conv.

and

profits

excess

Miscellaneous

Unamort.

18,653,241
292,428

Federal income
4,100,000

(less premiums)

debs._

conv.

on

4,100,000

3,544,039
223,213

3,579,471
247,085

and Elder &

529,156,908 489,333,601

LIABILITIES—

•

,

used

finance

to

Capital stock outstanding

(par $20 a share)
153,544,840 139,925,560
Cap. stk. held for scrip, ctfs. outstdg. (1,526 shs.)
23,040
Premium on capital stock—
763,517
763,517
General and Refunding Mortgage Bonds:

separately.

not

construction

3Vzc/o, due Sept. 1, 1966

35,000,000

Series H, 3 %, due Dec. 1, 1970
Series I, 2%%, due Sept. 1, 1982
3% convertible debentures

50,000,000

2Vz%

notes, due

Accounts payable
Accrued property
vision

on

1,

60,000,000
46,641,400

1959

Co., also

154,221 shares of

March 3 placed

on

!
taxes,

funded

and

unfunded

and

from

the

of

Lobelville

include

12,336,417
1,622,962
178,677

2,303,173

2,098,882
279,323

pro¬

taxes

debt

Miscellaneous accruals
Dividend declared

payable in following January
deposits—

Customers'

275,606

Deposits by employees for U. S. Savings BondsMiscellaneous
Retirement

(depreciation)

Reserve for amortization
Res.

amortiz.

for

Unadjusted
Earned

adjusts.

96,283

reserve

27,647,762

3,258,236

reserves

991,888

credits

surplus

—

Net

NOTE—The

determine

cost.—V.

171,

p.

which

at

amounts

and other properties

utility

are

it

no

in

April,

1947.

communities

The

completed

already

Has

Ridge

portion

long-term

and

Gross

from

Net

from

Net

ry.

—V.

1949

1950

railway

$1,494,661

$1,624,230

$1,309,466

652,244

853,494

582,283

330,107

463,730

319,748

railway

income—

oper.

1947
$1,276,023
643,653
342,257

1948

171, p. 556.

of

the
to

contract

Carleton
&

S.

Feb.

filed

20

shares of
President,

Smith,

letter

a

for

Co., Detroit, undei writers.—V.

of

stock

common

$12

per

170, p.

notification

(par

share

$1)

to

to

R,

C.

its contract

to

in

industries

with

the

middle

in

and

& Iron Range

January—
Gross

from

Net

from

Knoxville,

the

1697.

the

of

—V.

Net

ry.

$203,872

$185,120

$158,526

$168,455

"1,542,780

"1,104,794

*941,609

"1,543,032

income

oper.

"1,641,894

*1,214,096

"1,029,293

"Deficit.—V. 171, p. 660.

1950

authorized

area,

Nov.

15,

1949,

well

as

for

as

modified
in

the

of

(1)

these

of

cost

raise

to

proposes

$6,750,000

facilities

in

the

first

is

estimated

at

the

through

the

funds

'■

mortgage

pipeline

The

company plans to
100% of the principal

delivery

to

Insurance

Life

the

units,

each
of

and

consisting

of

stock

5.2%

a

to

are

interim

be

Fire

The Tebbets plant is
and other wood items.

Benjamin
said

the

A.

loss

of

Ekco

Vice-President

insurance.—V.

and

170,

Gross

from

ry.

railway
railway

from

1949

1950

oper.

Treasurer,

1948

Gross

from

Net

from

Net

ry.

15,454

railway

railway

income—

oper.

"Deficit.—V.

171,

*57,649

*15,251

$273,000

p.

1947
$297,200
74,357
15,216

1948
$372,500
97,784
*21,192

Gross

$3,553,932

$3,164,694

1,673,309

1,145,414

666,278

713,777

353,069

475,263

from

Net

ry.

Elkhorn Mining Co., Boulder, Mont.—Files With SEC—
SEC

of

with

notification

660.

Offered—White,

Gas Co.—Notes

Weld

&

Co.

and

and

'

Feb.

on

the Board,

unit consists of

a

associates on
5.20%

115,200 shares of common stock. Each
$25 interim note, Series C, due April

1, 1951, and six-tenths of a share of common stock. The
offering price per unit is $26.25 plus accrued interest on
the notes.

Other members of the group are




1949

1948

$2,905,448

$3,056,901

$3,105,022

757,071

691,424

855,285

1,010,361.

417,507

400,836

467,234

562,318

1947

Ry.—Earnings—
1949

1948

1947

$1,445,285

$1,064,605

$1,236,200

$982,264

551.490

115,109

299,510

206,933

283,839

Earle

W.

20,913

137,224

121,343

Mills, U. S.

1950.

27,

David

(retired)

Navy

elected Presi¬

was

McCulloch, formerly Vice-Chairman of

elected Chairman of the< Board.

was

Harry Sanford Brown,
died suddenly on Feb.

formerly Chairman of the Board and President,
18, while on a voyage to South America.
Vice-Admiral
V.

in

Wheeler

1949

Vice-President

Executive

as

and

Mills

joined

director.—

a

171, p. 695.

General Fireproofing
stockholders

stock.

mon

Co.—Proposed Stock Split—

March

on

Under

will

27

vote on

to split the com¬

plan

a

this

proposal, 500,000 authorized no par shares
would be replaced by 1,000,000 $5 par shares.
There are 323,682 com¬
mon
shares now outstanding.—V. 170, p. 397.

the

corporation

prices

The

of

and

its

24

announced

passenger

of

to

$40

Cars

and

reduction

in.

trucks.

and

cars

$10

a

reductions,
of

announcement

to

Feb.

on

of

all

price
be

effective
immediately,
coincided
with
the
downward adjustment in the cost-of-living allow¬
the
corporation's
approximately
362,000
eligible

a

paid
and

salary employees during the months of March, April

May.

,It

the

was

third

reduced

downward

share.
No underwriting involved.
The proceeds are to
develop and operate mining property.—V. 168, p. 2323. •

be

On

Feb.

nounced

Interstate

Commerce

Commission

acquisition of control of this

ownership of bonds.—V.

company

171,

Feb.

on

authorized

16

time

prices to
trend

1949,

25,

coincident

writhin

the

and

that General Motors
savings resulting from

living.

1949, price reductions

23,

May

similar

year

customers

of

cost

on

with

last

the

along to

pass

in

downward

were

an¬

adjustments in the cost-of-

General Public Service Corp.—To Increase Stock—Of¬

the

by the Pennsylvania RR. through

fering Expected—

103.

p.

The

stockholders

10-cent

Emery Air Freight Corp.—Stock Offered—
In

February an offering of 500 shares of common stock (par 20c)
by an individual stockholder through Gillen & Co., New
York, at market (about $2.50 per share).—V. 169, p. 204.
was

made

The company on March 2

covering
par

filed

filed

registration statement with the FEC

a

unspecified number of

an

value, offering price and

shares

its

of

underwriting

stock.

common

terms

tne

of

issue

The

are

to

by amendment.
the sale.

Philadelphia Co., which will receive all of

Earlier

last

week

the

Standard

par

Gas

Elec¬

&

headed
new

17

F. S. Mose-

will

common

Negotiations

have

vote

stock
been

March

from

6

on

1,000,000

entered

by Stone & Webster Securities Corp.

common

the

with
The

shares,

according to

a

proposal

a

to

2,500,000

to

with

into

an

for the

registration

increase

the

shares.

underwriting
sale of

statement

group

$1,250,000
filed

Feb*

SEC.

stockholders

are

also to

vote

change in borrowing policy,
so as to reserve freedom
of action to borrow money to extent deemed
advisable by the directors under prevailing economic
conditions, sub¬
ject to requirement of the Investment Company Act of 1940 that im¬
on

mediately after obtaining any loan for
existing senior securities
have

asset

an

coverage of

being made from
intended

to

be

a

a

purpose

other than refunding

representing indebtedness, the company must
at least 300%, and subject to all such loans

bank

publicly

a

or

other

person,

distributed.—V.

privately

170,

p.

arranged
1597.

and

not

tric Co., parent of Philadelphia, asked the SEC for an order authorizing

Philadelphia to sell its

common

stock interest in Equitable.

Georgia & Florida RR.—Earnings—

Philadelphia would use the proceeds of the sale of its Equitable
holdings to redeem and retire $33,709,000 of its 4(4% collateral trust
sinking fund bonds, due July 1, 1961 at the redemption price of 1037/s%
$2,400,000

of

1, 1951,

its

2%%

collateral

trust

notes

serial

at their principal amount.—V.

171,

p.

due

serially

463.

January—
Gross

from

Net

from
ry.

1949

railway

$13,022,331

2,295,568

2,595,383
1,746,004

income

962,920

$12,933,743 $11,850,142

2,108,702
631,215

.

2,381,617
836,033

W.

H.

Ruffin,

change the

pany

is

Co.—Change in Name—

President,

and

that

reports

company's name to

expanding

the

stockholders

Erwin Mills,

changing

some

of

its

Inc.

ry,

have

Mills, Inc.—New Name—
above.

*47,005

168, p.

income

1949

1948

1947

$621,613

$726,402

$690,532

$666,090

61,249

101,008

76,675

57,128

44,886

84,848

51,563

21,803

696.

p.

voted

the com¬

to

include
1254.

Georgia Southern & Florida Ry.—Earnings—
January—
from

Net

Erwin

*49,083

1950

railway
railwray

oper.

171,

Gross

See Erwin Cotton Mills Co.

1949

$244,968
261,423

215,598
*21,432
*19,565

171, p. 695.

from

from

—V.

because

operations

manufacturing of rayon and other synthetic fibers.—V.

;

Georgia RR.—Earnings—

Net

to

Railway)
$221,331

expenses

January—
Gross

171, p. 557.

Erwin Cotton Mills

Northern

revenue

1947

1948

$11,665,331

railway

Statesboro

1950

"Deficit.—V.

1950

oper.

(Including
January—

Railway operating
Railway operating

Net railway operating income
Surplus applicable to interest

Erie RR.—Earnings—

Common

March 3 publicly offered on a unit basis $4,800,000
interim notes and

Los

of

Roberts-

Foster Wheeler Corp.—Mills Becomes President—
Vice-Admiral
dent

the

Net

Natural

Bank

subsidiary,

Ry.—Earnings—

income

oper.

Net

East Tennessee

National

its

Elmira & Williamsport RR.—Control—
The

—V.

Stock

underwriters.

$2,742,721

railway

50

stock

common

per
to

statement

2584.

p.

1950

at

non-assessable

from Security-First
the acquisition of

170,

railway

has

of

with

Inc.—V.

income___

the

covering

letter

registration

a

171, p. 848.

ance

a

filed

20

1950

oper.

Net

1,200,206

filed

borrowings

railway

from

The

$4,095,055

Feb. 20
40,000 shares

Feb.

on

Fort Worth & Denver City

1947

1,477,885

on

shares.—V.-171,1

300,000

to apply the $920,000 proceeds from the sale
retirement, in part, of $1,840,000 of indebtedness

the

railway

hourly-rate

company

to split the com¬
$1 par com¬

160,632

are

General Motors Corp.—Reduces Prices
Trucks—Readjusts Cost of Living Bonus—

171, p. 556.

The

a

2224.

p.

$3,591,904

income

on

There

authorized

171, pp. .103, 557.

Foster

Fire—

Elgin Joliet & Eastern Ry.—Earnings—
January—

$1.89

expects

connection

from

The

Executive

818,569

$2.07

proposal

May 4
basis.

an

January—

1

fully covered by

$1,547,342

818,569

'

-

share commission to the

$2 per

a

to

Markets,

ry.

one

Ekco's principal supplier of woodenware handles

Ragir,

was

vote

of

Ltd.,

Stores,

by

in

Net

—V.

estimated

.

stock

from

common

nounced.

947,080

Co.,

Net

destroyed the main plant of the E. L. Tebbets Spool Co., Inc.,
Mills, Maine, a wholly-owned subsidiary, on Feb. 27, at an
loss
of
between
$450,000 to $550,000, Ekco officials an¬

Locke

to

are

three-for-one

a

company

Gross

units;

Ekco Products Co.—Maine Plant Destroyed by

1948
$2,494,422

$1,695,592

taxes

share—

Florida East Coast

sale

stock.
Underwriters
will be White,
Weld & Co.,
F. S. Moseley & Co., 54,640 units; vEquitable Securities
Corp., 54,640 units; and Elder & Co., 28,000 units. '.The proposed price
is
$26.25
from
which
the
pipeline company
will realize $25 plus
accrued interest.—V. 171, p. 556.

54,720

1949

192,000

six-lenths

and

note

in

close

1,037,330

January—

The

and New York

offered

1948.

reserve,

the

$2,732,922

t

taxes

outstanding

represented

Lobelville-

and

on

share, with

Angeles

the

common

&

the

—V.

notes

of

at

the SEC covering 40,000 shares of

Public

Co.

interim

end

unearned premium

Fitzsimmons Stores, Ltd.—Registers With SEC—

of

bonds,

Co., Mutual Life Insurance Co. of New York

Insurance

the

at

of

preferred stock, $25 par value.1
Los Angeles, is named as the principal underwriter.
The
underwriters will acquire 4,000 shares at $23 per share for
investment.
The balance will be offered for sale to the public at $25

$6,750,000 in first mortgage bonds
amount plus accrued interest to the date of
following institutional purchasers: Metropolitan Life
sell

reported

of the

compared with $85.92

as

income

$234,044,000,

,

Lester

3y2%
series,
due May 1, 1969; and (2) $4,800,000 in 5.2% interim notes, series C,
due April 1, 1951, and 115,200 shares of $1 per common stock.
Any
required balance will be obtained through cash derived from company
operations of its completed facilities.
at

totaled

outstanding (excl. tieas. stock)

stockholders

Fitzsimmons
with

Knox¬

$11,765,900.

issuance

assets

—

695.

p.

•

Chattanooga-Knoxville line.
Total

$208,144,000

investment

net

a

192.

common

shares

mon

and

Ry.—Earnings—
1949
$287,100
40,245

new

$109,-

2224.

p.

stock

mon

The

plan which was filed Jan. 18, 1950, and later
supplemented, will provide funds required for a tie-line

to July

January—

a

of

(M. H.) Fishman Co., Inc.—Plans Stock Split—

,

.

-

The

and

Duluth Winnipeg & Pacific

171, p.

shares

170,

The

selling

the proceeds of
1947

1948

for

figure

1948

$9,002,000 and a net invest¬
for 1949, as compared with

and

admitted

share,

per

of

reported

including 35%

Net profit after Federal

per

be

Ry.— -Earnings—

1949

1950

$117,232,000

the

over

east

Maiyvilie,. Shelbyvilie
Co,, of America for

Aluminum

profit

were

$2,497,000

the

over

equity,
$101.68

Earnings per

FPC Approves Plan of Financing—

the

sold by
O'Donnell

be

"1,431,991

railway

railway

assets.)

totaled

1949

increase

consolidated

taxes

Common

Energy Commission, the
sales contracts for supplying natural

with

of

before Federal

profit

Federal

Atomic

Chattanooga,

Equitable is owned by the

Duluth Missabe

at

reserve

First National Stores Inc.—Earnings Higher—

projected

Equitable Gas Co.—Registers With SEC—
with

7%

Quarter Ended Dec. 31—
Net

The Federal Power Commission has approved the company's proposed
plan of financing its Lobelville-Chattanooga-Knoxville pipeline.

Drewrys Ltd., U. S. A., Inc.—Files With SEC—
on

premium

living allowance for GM hourly-rate employees.—V. 171, p. 695.

Counsel for a group of minority stockholders which obtained a court
injunction against removal of the plant, said the action would be
dropped after the stockholders had approved the move.—V. 171, p. 463,

8,015

in capital

during

$4,797,000

increase
to

1948.—V.

the

Atomic

security holders, the company will have out¬
standing 1,072,257 shares of common stock, the $4,800,000 of interim
notes
and $14,450,000 of first mortgage pipe
line bonds due 1969.

About $95,000 a year in operating expenses is expected to be saved
by transfer of operations to Scranton, C. W. Bartlett, President, said.

company

17%

of

CAPITALIZATION—Giving effect to the sale of the units and the
bonds, and the sale of the 154,221 shares of common stock for the

cents

The stockholders have approved the directors' recommendation
to
dispose of the Brockton, Mass., plant and to consolidate general offices
and warehouse at the Scranton, Pa., plant.
The Brockton factory has
been closed since last May due to labor difficulties.

covering

gains
a

underwriting

of

year-end

amounted

the system will have an estimated de¬
approximately. 193,000,000 cubic feet of natural
compression.
1
*

Columbia,

used

The

a

or

proposed

the

(W. L.) Douglas Shoe Co.—Sale of Plant Voted—

SEC

the

completion

of

has executed long-term

Net

January—

income

Shareholders'

group of

a

system, authorized
will be 465 miles long, extending
and
thence to Knoxville and will

Chattanooga

distribution

for

—V.

Detroit Toledo & Ironton RR.—Earnings—

equity in unearned
earnings were $12.06.

written

consolidated

At

without

addition

company
gas

to

Upon

day

Net

,

unrealized

represented

underwriting profit
$4,199,000 in 1948.

per share.
selling se¬
part of the proceeds will be re¬

Greenbrier-Oak

to

capacity

per

In

car¬

present sale value, replacement cost or reproduction

and

an

a

resell

gas

historical cost thereof and do not purport to repre¬

848.

and

premiums

high,

the market

on

529,156,908 489,333,601

ried represent the
or

2,429,970

._

Total

sent

2,003,453
3,258,236
989,233
108,821

32,697,173

plant acquis,

Casualty and contingency
Miscellaneous

98,737,257
24,225

Fla.,

(Calif.)—Earns. Higher

shareholders'

Adding

realized

pipe line

tie-line

a

form

livery

39,668
146,983

102,303,295
25,656

reserve

of franchises

elec.

of

58,145
180,164

liabilities

current

Augustine,

earnings were $4,946,000, or $4.95 per share*
and, after including, equity in unearned premium reserve, were $10.33
per
share.
(All figures exclude minority shareholders' interest, and

connecting with the Greenbrier-Oak Ridge line so
loop system.
The company will purchase natural gas
long-term contracts from the Tennessee Gas Transmission Co.,

to

as

share

7,508,130

1,743,271

income

16,272,280
189,207

general
Federal

St.

and its subsidiaries report 1949 consolidated net earn-'
income taxes of $8,488,000, or $8.49 per common

per share
1948 comparable net

In

ceived by the company.

The

10,382,805

and

at

18

Federal

35%, adjusted

the

of

after

share.

stock, priced at $9.25

common

curity holders and

10,000,000

a

estimated

for

Interest

Oct.

35,000,000
50,000,000
60,000,000
46,641,400

Corp.—Obituary—

Feb.

1081.-

p.

This company

ings

.

Series G,

died

President,

Fireman's Fund Insurance Co.

:

1950 the secur¬

1,

170,

Sr.,

share

one

A

This offering is for the account of

company
Total

July
units,

as

of

ment

ville

taxes

assets

exp.

24,853,561
14,542,186
981,092
2,138,149
22,171,055
413,336

3,639

Inventories

Prepayments for insurance, etc.—
Claims for refund of prior years'

7,261,078
645,112

618,464

24,664,349
15,697,856
1,081,336

Until

only

rate

Additional Stock Offering—Another group, comprising
36 investment firms headed by Equitable Securities
Corp.

account

.

and temporary investments
Accounts receivable—trade
Cash

Other

$

,

453,013,782 408,401,475.

Intangible (incl. $6,268,623 balance in elec¬
tric plant acquisition adjustments acct.)
Other properties—tangible

be

Tenn., and
the latter's Alcoa plant.

1948

1949

;

Tangible

transferable

by delivery of 5.20%

the

system in Tennessee.

and

DEC. 31

ASSETS—

Utility Properties:

be

at

Camera & Instrument

Ogsbury,

271,000.

and

count for the year 1949 together

$25,

Fairchild
James

Proceeds from the sale of the units and

will

bonds

Tennessee.

Edison

value

balance of the company's proposed natural gas

under

171, p. 556.

Detroit

will

COMPANY—Foimed

1950
$4,491,364

January—
Gross

Monday, March 6, 1950

—V.

Placed

construction

Net

payable at maturity
par

principal amount of notes.
units

the

be

stock,

system, and is selling gas under a
Energy Commission at Oak Ridge.
by the Federal Power Commission,

Denver & Rio Grande Western RR.- -Earnings—

CHRONICLE

Privately—Concurrently with this fi¬
nancing White, Weld & Co. and the above associates have
placed privately with institutional investors $6,750,000
of the company's first mortgage pipe line
bonds, 3

170, p. 2326.

April 3.—V.

on

fixed by

stock is expected to be

for the new

price

meeting

a

the

to

$25

in

will

notes

preferred

Bonds

the

'

interim

The

cumulative

ities

January—
Gross

FINANCIAL

&

ley & Co.; Equitable Securities Corp.; Elder & Co.; J. C.
Bradford & Co. and Cumberland Securities Corp.

$4,218,740

769,566
349,218

COMMERCIAL

1

'

from

Net

ry.

—V.

1950

railway

railway

oper.

171,

p.

income

557.

1949

1948

$625,731

$607,707

$614,403

233.755

226,546

171,670

$523,83a
132,110

64,999

27,156

55,999

50,920

1947

I

Number 4887

171

Volume

Co.—Acquisition of Plant Approved—

Gerber Products
The

company

Bros.

Co.

announced the purchase of the Curtice
N. Y., the transfer to take place Jan. 1,

16

plant at Rochester,

1951.—V.

171,

751.

p.

Glidden Co.,
The

Feb.

on

THE

The

date.

to

price

offering

date,

record

underwriting

and

be

terms

supplied

Increased

company because of a
substantial increase in the volume ol its sales resulting from its capital

capital

is

which

working

expansion
—V.

has

program

171,

desired

in the

completed

been

to

four years.

last

directors

Goldblatt Bros., Inc.—Partial

"With

the
as

National

Bank

Chicago,

redemption

Chicago,

of

III.—V.

169,

agent,

1007.

p.

Net

from

railway—railway______

from

Net

income

oper.

ry.

171,

♦Deficit.—V.

1949
$3,811,000
322,106

6,312

action

no

with

to

the

the

above

directors

said

L.

D.

dividend,

to

it

is

payments

President.—V.

Jr.,

170,

Sound Co.

Registers With SEC

—

The

company

covering

value

Securities
shares

March

20,

shares

of

to

filed

be

the

with

4(42%

of

the

as

offered

SEC

on

on Feb. 17 filed a letter of notification with the SEC
subscription agreements for 40,000 shares of capital stock
to be Issued at 50 cents per share through Robert D. Bowers
& Co., Denver, Colo.
The proceeds are to be used to pay for incor¬
poration expenses, marketing surveys, engineering and location of plant.

(no par)

from

the

sale

of

the

development

to

stockholders

common

preferred

Blackbird

for

April

011

shares

these

of

registration state¬
preferred stock, $50
April 1, 1955).

will

cobalt

used

be

mine

& Marine Insurance
North America, Parkway Co., Gen¬
eral Traffic Service Co., Inc. and The Philadelphia Investment Corp..
who on
Feb.
1, 1950, completed two years or more of continuous
service, were eligible to subscribe for capital stock under the Em¬
ployee's Stock Subscription Plan of 1950, between Feb. 1 and Feb. 28,
1950, at $85 per share.
Subscriptions must be paid within the period

to

com¬

Idaho.—

In

$3,443,000
632,120
261,982'

' •„i

Corkle, President,
"Operating

-

oi $16,336,000,

crease

the

of

result

balance

...

Co.—Earnings, Etc.—G. K. McFeb. 15 said in part:

on
in

revenues

the

8%

or

growth,

an

effect
the

in

principally

$224,915,000,

during

in

the

number

telephones

from

years

maximum

he

of

1,

1950.

March

amount

offered

shares

of

employees

to

was

was

limited

for all shares to
not exceed 30,000

each employee subscribed
entitled, the aggregate amount would
If

but

shares,

100,000

which
shares.

the

and

year

of

two
The

to

was

placed

totaled

of

In¬

1948.' About half of this increase

over

increases

rate

reflected

1949

year

Co.

Indemnity Insurance

Co.,

Net

463.

p.

and of The Alliance

employees in the service of the company
Go. of Philadelphia,
Philadelphia Fire

Insurance

six

1950.

4,

All

on

each

North America—Stock to Employees—

Insurance Co. of

principal underwriter.

first

ratio of one share of
held.
Rights will expire

company

covering

before

or

Colo.—Files With

Industrial Fermentation Co., Denver,

a

cumulative

stock

common

the

common

the

171,

28

shares

Corp. is named

are

1950 in

proceeds received

plete

Feb.

on

76,983

(convertible into

insurance companies. It is understood, how¬
at present for a public refund¬
1146.

by 15

Securities and Exchange Commission—

2025.

Preferred

—

privately

ing of these bonds.—V. 168, p.

soon

as

p.

program.

that the utility firm has no plans

ever,

Is

it

and

cumulative

dividend

resume

Adams,

held

are

respect

March

Illinois Bell Telephone

1947

1948
$3,887,000
353,497
* 110,303

557.

p.

Preferred Dividend

on

take

to

payable

Stock to Be Offered to Common Stockholders—

V.

1930
$3,925,000
605,304
253,851

January—

decided

20

dividend

The

Howe

Grand Trunk Western Ry.—Earnings—

,

Gross

of

warranted,"

The

April 1, next, 3,000
stock at $52.50 per
made at The First
38 So. La Salle St.,

the

reference

intention

Union

Redemption—

called for redemption on
shares of $2.50 cumulative convertible preferred
share
and
accrued dividends.
Payment will be
has

corporation

Feb.

on

July and expects

June or

construction

of

plans to

company

in

bonds

15, 1950, on the 5Va%
preferred shares, par $25.
The last regular quarterly pay¬
34% cents per share was made on Sept. 15, 1949.

of

ment

par

The

issue and sell $20,000,000 of first mortgage
to use the proceeds to finance its
Investment banking groups are being formed
to compete for the underwriting of this offering, and also for a pos¬
sible refunding of the $22,500,000 of 3%% first mortgage bonds, which
The

$82,799,909

cumulative

ment

'

1950—12 Mos.—1949

$25,392,623 $84,058,256

170, p. 2025.

declaration

the

by

751.

p.

—V.

Financing—

Other Proposed

Co.—Quarterly Sales Increased 2.1%—
1950—3 Mos.—1949

5

(949)

CHRONICLE

FINANCIAL

(C. J.) Ilendry Co.—No Action

by amendment.
Underwriters headed by Blyth &
Co., Inc., will acquire unsubscribed shares at the price to stockholders.
Net
proceeds of the financing will be added to working capital.
are

&

$25,936,769

The

on

SEC

record

Hecht

Period End. Jan. 31—
Sales

Cleveland, O.—Registers With SEC—

Feb. 24 filed a registration statement with the
covering 178,825 shares of its no par common stock, which are
to be offered for subscription by holders of outstanding stock at the
rate of one share for each ten shares of common stock held on the
company

COMMERCIAL

The

in

service.

of

balance

subject

such

limitations,

to

100,000

at

shares

be offered to employees/
discretion of the board of

may

time at

any

the

(

Ry.—Earnings—

Great Northem
railway

from

Net

from

Net

ry.

railway

171,

*1,839,019

*3,491,887

income

oper,

* Deficit.—V,

.

-

.....

1950
1949
1948
1947" "
$11,015,761 $13,091,548 $14,706,784 $12,820,824
♦1,946,841
*311,064
2,059,373
1,700,615

January—
Gross

"Operating expenses and taxes

311,040

163,413

188,000

Net

ry.

—V.

$284,629
58,576

$280,957
71,031

38,723

railway

from

Net

1948

93,676

railway

from

Gross

3,591

13,157

income—

oper.

20

1949

1950
$299,607

rise,

taxes

paid

increasing

by

earnings

$196,for

to

29%,

total

a

year,
This

46,880

draw

the

stock

in

share

per

Dividends

years.

$18,346,000

was

amounted

1948

of

and

$5.20

an

first time in

live years

$5.63

to

in

as

for

to

Net

Net

ry.

—V.

income

oper.

171,

to

$6,386,953
1,483,231

$5,688,805
1,366,104

567,460

535,971

393,313

557.

p.

Utilities Co.—Stock Offered—Offering

States

Gulf

the

loans.

of

all

the

of

(no par) was made on
headed by Merrill Lynch, Pierce,

"At

March

end

group

a

Brothers.

& Beane and Lehman

Fenner

share.
utility

In

Securities

Webster

&

with $6,000,000.
associates submitted

sufficient to provide it

amount

an

Stone

invited bids for additional common stock

had

company

Corp.

proceeds

PROCEEDS—Net

will

com¬

a

used

for

general

corporate

and the financing of a portion of the comanny's 1950 con¬
structive requilcmcnts.
Scheduled progress is being made on a large

construction program in which the company is now
engaged to meet the continuing increase in demands for electric power
in the rapidly growing area served.
important

,1^25,

COMPANY—Organized in

is engaged principally In the business

generating electric energy and transmitting, distributing and selling
it at
retail in an area of southeastern Texas and in south central
Louisiana, comprising an area of approximately 27,500 square miles.
The
company
serves
a
territory with an estimated population of
706,000, including the cities of Beaumont, Port Arthur and Orange,
Texas, and Eaton Rouge and Lake Charles, Louisiana.
of

TO

EFFECT

GIVING

CAPITALIZATION

FINANCING

PRESENT

Authorized

series

2%%

notes

1% %

Bank

notes

due

within

one

lative

($100

par)

lative

($100

stock

and

until

it

Allen

on

similar

notes

such

no

UNDERWRITERS—The
and

stcck

common

of

shares

60,000 shs.

60,000 shs.

50,000 shs.
5,000,000 shs.

50,000 shs.
2,719,899 shs.

less

for

respective

the

be

the

of

underwriters

several

percentages

them

purchased by

number of
set forth in the

the

of

the

of

total

Stein

Pierce,
14.70%

Beane

& Co
Hayden, Stone & Co

are

W'ebbcr,

Reinholdt

Schwabacher

7.40

William

&

&

from

and

did

the

slight

construction

for

had

in

&

the

of

at

bank

for

&

debt,

and

the

and the

program

issue

the

has

and

arranged

bills

1.90

1.90

Lerchen & Co.—

1.90

3.80

Dallas Rupe & Son

debt

to

sale

credit

force

at

the

date

INCOME

operating cost,

notes

Woolfolk

.85

171,

Co.

&

&

earnings

Jersey

New

of

one

Board of

share of

stock

Feb.

Utility

15.—V.

170,

p.

Commissioners

was

1,

In

February

1948 of

a

non-current

at

any

Hanford

one

April

11

on

a

proposal

to

outstanding.—V.

Co.,

170,

p.

ry.

—V.

retire

Prior

to

increase

the

one

share

for

On present
preferred stock

year.
on

1949

$2.59

and

a

share

1947

1948

$829,112

$1,018,046

$982,271

$965,459

78.928

234,877

241,034

301,961

17,139

114,764

96,301

141,466

income—
696.

p.

Indiana Gas &

La

Water Co., Inc.—Partial

corporation has
due

Salle

called

for

of the Sinking fund,
at

1970,

102%

Illinois

St.,

and

National

Chicago,

111.—V.

redemption

$120,000 of
interest
Bank

170,

p.

on

Redemption—

April

1,

next,

through

3% %
made at the

first mortgage bonds,

Payment
&

Trust

Bernardino,

San

Calif.—Files

The

from

company

time

$5,000,000

Feb.

15

filed

a

letter of notification with the SEC

issuance

of

the

bends,

stock (no par)

outstanding.




on

the company will split its 1,600
the basis of nine new shares for

time during

to

in

funds

The

be

issued

Feb. 27 applied

on

the

to

will

Co.,

be

trustee,

231

So.

305.

the SEC for authority

be

used

SEC

hearing.-

this

has

•

for

'

:

on April
1, next, all of
series A. due Jan. 1 1961,
made at the Harris Trust
West Monroe St., Chicago,

redemption

Service Co. (Ia.)—Asks FPC Approval

of

Stock—

to

The

company

becomes

effective.

of

additions

bank

the

-

will be used to help finance
improvements; for extensions
property; and to pay off temporary

issuance

proposed

acquisition of permanent

or

to

the

company's

loans, the application states.—V. 171,

849.

p.

Authorized

Jamaica Water Supply Co.—Stock
stockholders

The
.

31

Jan.

on

approved

a

proposal

to

—

issue

50,000

common holders
on the
basis of one share for each two shares held, at a price to be
determined later.
It is expected t'mt all unsubscribed shares will be
sold to underwriters.—V. 171, p. 849.
additional

common

shares

be

Mutual

Hancock

John

to

offered

to

present

Insurance

Co.—Assets

Total

Nearly $2,700,000,000—
statement of financial condition as of
$2,696,506,366, which included invest¬
$2,032,410,279; in stocks, $108,174,012;
mortgage loans on real estate, $309,275,753; real estate (home office,
housing and other properties), $55,688,984; and cash, $45,712,727. Total
surplus to policyholders, including special surplus funds, was $218',the company's
assets totaled

According to

Dec.

1949,

31,

bonds

in

ments

170,

and

p.

of

notes

1296.

Kansas Gas & Electric Co.—Preferred

Stock Offered—

Kidder, Peabody & Co. and Merrill Lynch, Pierce, Fenner
& Beane, on March 1 publicly offered 14,346 shares of
new 4V2% preferred stock at. $110 per share plus accrued
dividends, less a concession of 75 cents per share to
members of the NASD.
Stockholders exchanged 53,433
shares

7%

of old

number

of

41/2%

stocks for a similar
exchange offer which

and $6 preferred
stock

under

an

expired at 3 p.m. on Feb. 28. A total of 82,011 shares of
new
preferred were offered.
The underwriting group

14,232 shares of the
period.—V. 171, p. 849.

new

stock during the standby

Kansas-Nebraska Natural Gas Co., Inc.—Bonds
for

construction

The

purposes.

notes

to

expected to be repaid from the proceeds of per¬
financing later this year. American Gas & Electric Co., parent,
expects to Invest $10,000,000 in the common stock of Indiana & Michi¬
gan out of the proceeds of the sale of American Gas common stock
The

which

plan

2332.

1950 from four banks, amounts not exceeding

are

manent

contemplated

P.

First Mortgage Bonds Called—

sold

to borrow

aggregate.

would

therefor

170,

1599.

p.

050,918.—V.

1940

Indiana & Michigan Electric Co.—Seeks Loans—

outstanding preferred stock.
the

each

2437.

p.

railway__„

oper.

171,

The

691.

covering $125,000 6% first mortgage 10-year sinking fund convertible
bonds, and 6,250 shares of common stock (no par) to be reserved for
conversion of bonds.
The proceeds are to be used to pay bank loans

shares of common

of

dividends

year

1950

Continental

With SEC—
on

end

at

effect to full
would be $3 a

indebtedness to an amount not to exceed $3,-

time

Foundry

company

giving

railway

operation

vote

outstanding

actually

170,

from

from

made March

231.

will

stockholders

The

$3.16

divi¬

Hamilton Watch Co.—Plans to Increase Debt—

500.000

1,916,805

$3.04

Illinois Terminal RR.—Earnings—

series

corporate

6.060,579

2,156.406

shares—

January—

for each four shares outstanding.
1 to stockholders of record

stock

common

distribution

The

Public

declaration by the directors on Dec.

the

$6,060,579

368,167
6,454,112

share

common

cn

1948.—V.

for

Net

Stock Dividend—

Hackensack Water Co.—25%
The

1.816,595

$6,913,279

common

shares

♦On

Net

approved

7,877,174

1,680,062

common

common

capitalization,

Gross

848.

p.

and

$7,802,174

dividends

for

reorganization

a

1948.—V.

7,

has applied to the Federal Power Commission for
issue 50,000 shares of cumulative preferred stock (par
plans to issue the stock on or about April 11,
1950, and proposes to publicly Invite competitive bids for the pur¬
chase of the stock as soon as practicable after the registration state¬

21,268,278

deductions

other

under

escrow

Jan.

company

authority

1948

$8,518,341

income

Preferred

.85

Shober

170,

construction

8,593,341

and

SEC Application

S. District Court

8,311,404

income

Interest

in

called

has

company

The

23,883,593

;

'

■

,

.

101%

$100).

ACCOUNT

taxes—

held

New Preferred

issued

are

1949

and

company's

the
,

- V

company.

are

approved

Iowa Public

of

7,947,155

income

.85

Co

this

of

assets

Leahy

111.—V.

with
interest on

the

___

depreciation

'■,

outstanding first mortgage 4% bonds,
and interest.
Payment will be
and Savings Bank, corporate
trustee, 115

$40,349,089 $37,381,856

Other

the

at Wilmington, Del.;
granted the application of the SEC tor enforcement of
of a
compromise plan for distribution of $8,000,000 worth

terms

The

at

$15,000,000

of

31:

under

directors

as

696.,

the

1949 with a
capitalization

total

payment of the $6,000,000
of senior securities.7

revolving

a

in

purchase costs

.85

3.80

Hall

Inc

Wells &

December

Power

Gross

retired

Hume

Iowa Electric Co.—4%

other

from

came

ended

company

lower

a

Operating revenues

Operating

Fred

with

appointed General

24

assets

The

stock and

common

$9,269,489

and

connected

been

Blake.

the

1.90

Co

(Inc.)

-

& Co

Ended

and Vice-President since

1939

has

who

attorney

Rumer,

plan.—V. 171, p.

Proceeds

of

Central Republic Co. (Inc.)

Harris.

each

the
of

ment

per

Mullaney,

and

complete

preferred and

financing,

base

1950

commercial

♦Earned

Gardner

O.

Judge Paul Leahy of U.

Feb.

on

renewed.

Years

this company

with

associated

Interstate Power Co.—Court Approves
Chief

over

were

beginning of the year. The company thus finds
to raise the estimated $25,000,000 necessary for

through

Number

Mason-Hagan,

—.

Rothschild

The

1949

banks, running until Dec. 31, next, and calling for
borrowing at a rate of V* of 1% above the Federal Reserve rediscount
or

Frank C. Rand, who had
at the time of his death

late
years

been

director since

•

company.

the

the

company

1.90

Co._

7.40

dend

in

successfully

bonds,

new

in

postion

a

loans

The

of

stock

common

it

a

20

■

Judge

company

sale

result

a

the

of

resources

has

since 1929, was elected a director and was

Blake and

Mr.

1952.

increase

Balance

Staats Co.—

R.

Watling,

Jackson &

Space

7.40

Curtis

—V.

104.

p.

biggest year
of its construction program, but it also raised most of the new longterm capital necessary to do the work.
During the year $42,434,711
was
raised for construction, of which $33,165,213 net after expenses

1.90

Cook

7.40
Co.

3.30%

Boyce

Inc.—

7.40

Marks &

M.

Laurence

Co.,

&

Lane,

Newhard,

7.40

Weeks

&

Hornblower

Johnson,

14.70

Brothers

Hallgarten

Bros.

and has been

1927

the

for

Rand

Counsel, succeeding Robert E.

Wyck, .President, on Feb. 28, said in part:

only

Net

&

Lehman

F.

since

succeeds

Board

the

Edgar E.

2.

Co.—Plans

expenditures

1951

"Not

rate

mature

Dec.

company

five

cumu¬

names

stock to

common

Lynch,

Fenner

L.

last

1939,

of

Chairman

been

$42,000,000,
which is by far the greatest in the history of the company,
and is
greater than for any future year we can ow foresee.
These expendi¬
tures are estimated at about $25,000,000
for 1950, and substantially

120,000 shs.

below:

Merrill

Paine,

•

A. Gray as Chairman of the Board and Edgar E.
announced Feb. 27. Mr. Gray, who had served

was

since

1947.

Power

Van

"Total

itself

later than Dec. 31, 1950, with
borrowings or renewals at the then existing prime rate
notes, all prepayable at any time without premium.

that

interest

table

$20,195,689 $21,234,708
4,600,251
4,427,608
1,982,408
1,865,421
1,272,446
1,113,195

of Byron

President

as

retirement

bank

par)

'

595.

p.

President

as

$25,000,000 for New Conv
struction in 1950—Arranges Bank Revolving Credit—

"As

has bank credit agreements for extension of credit
may borrow or reborrow up to $7,000,000 at any time
1950,
on
unsecured notes due in 9 months or less,

30,

June

provided
for

Rand

1949

company

which

under

170,

Election

charges

COMPARATIVE
♦The

V.

Pearman,

557,

Atchison, Topeka & Santa Fe Ry. above.—V. 171,

Illinois

cash

1949

stated val.))

or

par

of

RR.—^-Earnings—

fixed

after

completion of the

par)

(no

See

than

120,000 shs.

$4.50 dividend preferred stock,
Common

752

p.

E.

Richard

1,300,000
*2,000,000

7,000,000

stock,

($100

63%

or

171, p. 849.

strong

——

cumulative

series,

$285,946,000,

Illinois Northern Ry.—Sale Effective—

15,000,000

year

preferred

dividend

$4.40

to

1950

income

—V.

from

stock, cumu¬

$4.40 dividend preferred

amounted

Railway operating revenues
Net revenue from railway operations
Net railway operating income

came

(Issuable in seriesi:

stock

Preferred

171,

Illinois Central

2,000,000

1, 1969
(non-currenti

due Jan.

Bank

capital

January—

10.000,000

—

1979..

due

debentures

offered 389,982 additional shares

were

at par in the proportion of one new share for
total subscriptions amounted to $38,992,300.

equity

end,

1945."—V.

of

15.000,000

1978

due

series

3%

Hamilton, Bermuda, liquidator of the company, re¬
ports that an arrangement with Stockholm Enskllda Bank to dis¬
tribute
the liquidating dividends to
all shareho.ders who presented
share to the Bank of Bermuda, Ltd.,
Hamilton, expired on Dec. 31,
1949, The Bank of Bermuda has taken over distribution of the dividend,
on
all shares which were surrendered onv and after Dec.
22, 1949—

capital.
The remaining 37% was debt capital, including shortand compares with a ratio of 22% in debt capital at the

$27,000,000
12,000.000
10,000,000

28,000,000
12,000,000

2%%

3%

Outstanding

series) $200,000,000

mortgage bonds (issuable in
series due 1976

1st

Ltd.—Dividend—

International Match Realization Co.
J.

short-term

through

International Shoe Co.—New President Elected—

pur¬

poses
and

obtained

was

loans,

Net

and

be

Effective

171, p. 752.

Santa Fe Ry. above.—V.

Atchison Topeka &

See

and

of $22,575 a share for 265,781 shares.

peting proposal, offering a price

558.

p.

Increase in invested

The stock was

priced to the public at $23.87Vz net per share. The group
was awarded the issue Feb. 28 on a bid of $23.201856 per
The

171,

International Harvester Co.—Sale of Railroad

for subscription

year's

total

capital

new

shareholders

In December,

stock

of

term

by

V.

meet

$225,193,000—nearly equal to the growth during the entire preceding

"Initially,

258,600 shares of common stock
1

Equips.rr-

on

64-year history of the company.

each six shares held;
.

on

March 7 in St.
Louis, Mo., receive bids for the purchase of $900,000 equipment trust
certificates, series DD, dated April 1,
1950, and due $60,000 each
April 1, 1951-1965, incl.
No bid of less than 99 will be considered.—
will until noon (CST)

the company

brought the tcial growth of invested capital for the four postwar years

1947

1948
$6,525,760
1,439,140

386,072

railway——

from

1949

1950
$5,639,759
1,119,511

railway

from

RR.—Bids

International-Great Northern

that it had not been necessary to

the "rainy day" fund to make dividend payments.
amounts of new capital were required in 1949

upon

"Substantial

10,444

RR.—Earnings—

Gulf Mobile & Ohio

corporate

The trustee of

This

during the
to surplus.

paid

were

transferred

was

the costs of extenbive additions to telephone plant.

January—

will be used for

added to treasury funds and
purposes.—V. 171, p. 752.

proceeds will be

general

of

com¬

1949.

$9.27

of

average

share

per

income balance of $996,000

and the
was

of

capital during the year was $55,886,000, including short-term loans,

Gross

The

accounted

company
or

directors.

1948.

share

per

with $4.16

prewar

1947
$230,285

171, p. 557.

from

$206,670,000

the

$6,466,000,

"Income available for interest and dividends

/

pares

Western RR.—Earnings—

Green Bay &

Operating

this

of

pared with $12,588,000 in
"Net

January—

1948.

to

$28,700,000.

557.

p.

in

three-fifths

5%

rose

Placed

Privately—An issue of $2,000,000 first mortgage sinking
bonds, 3% series due 1970, have been placed pri~

fund

vately through Central
was

announced

on

Republic Co.

(Inc.), Chicago, it

March 1.

year.

given

interested

persons

until

March

9

to

request

a

The

tion

proceeds

will provide

program.—V.

169,

p.

funds to

2420.

finance

the

company's construc¬

6

THE

(950)

Gross

from

Net

from

Net

ry.

1948

$439,283

$392,791

225,392

192,772

208,872

95,151

—V.

railway

railway

—

113,189

76,676

95,681

income-— •

oper.

171, P- 558.

1947

rThe
of

cor¬

poration on Jan. 16 publicly offered an issue of 50,000
stock (par $1) at $2.50 per share.
The
issue was completely sold as of Jan. 25.
PROCEEDS—To

operations

consolidate

and for

for expansion;

equipment;

in California on Oct. 4, 1948, under
the name of Telindustries, Inc. for the purpose of acquiring the busi¬
ness and
assets, assuming the liabilities, and continuing the business
cf Television
Industries,
its predecessor.
The Television Industries
business was transferred to the company on Oct. 25, 1948, as of Sept.
20, 1948. Present name adopted Dec. 14, 1949.
Company is engaged in the manufacture, assembly and distribution
Of television
receiving sets under the trade name of Kaye-Halbert.
These television receiving sets are manufactured under license agree¬
ments with Radio Corp. of America and Hazeltine Research, Inc.
The company's business operations are presently carried on in ten
scattered locations in the City of Los Angeles.
All of the operations
of the company are carried on in leased premises. The company owns
,

at

Alfred

outstanding

105,000

shares

authorized

there

D.)

—V.

Los

Angeles,

165,

The

SEC

p.

$26.50
p.

share,

per

and

Co.

of

the net

Smart

&

Wagner

cumulative

6%

share).

estate

proceeds

publicly,
Jan.

at

1,

-•after

The

*iote

with

1,

of

asked

be

redeem
the

the

South

to

of

amount

The

La

Salle
Ended

Gross

and

at

It

before

serial

Bank

of

be

used

and

expansion

and

Feb.

to

dividends

Common

shares

Earnings

per

approve

—V.

p.

168,

paid-,

the

the

soon

Lake Superior & Ishpeming

Net

from

Net

ry.

•

railway

49,000

'

Net

171,

Ended

Net profit
Dividends

Dec.

*'91,974

*'83,3.18
*101,458

*60,113
*78,068

.

*'99,864

per

—V. 167, p.

86,200

50,000

50,000

$2.26

$6.16

:
.

S.950

notification

shares

of

common

account

the

of

a

filed

was

stock

selling

with

be

to

the

SEC

offered

stockholder,

at

through

on

Feb.

$16.75

21

per

Walston,

share

Goodwin, San Francisco, and Shields & Co., New York.—V. 169,

Lawrence Portland Cement
Year Ended Dec.
Net

,

"

1949

1948

-

Common

1,303,848

1,188,652
470,000

*73,000

paid

*Tax

$718,652

281,250

225,000

225,000
$3.19

1947

were

reduced

by

$94,000

because

of

net

a

by

Calendar Years—

1949

sales

1947

$53,644,841

$40,259,269

Joseph L. Eastwick, President, stated that the final quarter's sales in
1949, totaling $15,051,004, were the highest for any three-month period
company's 103-ycar history, and that the improved demand for
Mr. Eastwick also

year.

stated

prospeits for the first
that

carpet

quarter of

249,941

has

p.

this

applied

the

from

from

Net

ry.

railway

Upon

171,

1948

p.

171,

January—

Gas

Net

from

Net

ry.

—V.

railway

railway

oper.

171,

Income

from

Net

from

Net

ry.

railway

railway
income

for

authorization

to

in

system

Co.

be

Parish,

Grant

La.,

(Ky.)—Common

used

to

betterments

water

retail

and

power,

is

or

GIVING

to

the

part

pay

physical

and

purchased,

EFFECT

TO

due

series

bonds,

2%%

the

of

expendi¬
properties.

is

sold

dis¬

and

PRESENT

FINANCING

cumulative

($100

par

value).—,

5%

cumulative

($25

par

value).—

Common
*The

stock

theieunder

issued

at

such

the

would

in

any

the

par

of

$25

each-.

stock,

the

and

severally

respective

1947

$456,169

$552,203

$583,651

$531,416

63.943

127,991
79,096

126,877

151,742

70,794

86,763

bonds

shall

20,000

large

1947

$5,061,221
754,945

$6,010,203
931,502

$6,286,381

$6,158,253

586,029

1,232,109

123,382

331,798

64,233

623,099

numbers
are

Brothers

the
set forth below:
shares

of

of

the

1950,
of

combining the prin¬
trust is being made

Fifty

State

Street

announced

was

trusts

separate

Hospital

for

such

Life

trusts

the Investment

Co.

of
1.

March

on

possible for
transaction,

1,000

then

unit

a

the

is

individual

Co.

The

Life

Massachusetts

.

investor,

trustee.

as

Fund,

1940 as a diversified
The '• Massachusetts Hospital
Life
Act

the

of

Legislature

1518,

ir.

i

Life

to $106.97

outstanding.

Fund

unit

n

Only

values

at
011

full

the

31,

Dec.

of

as

111.652 units

units

and

issued, smaller amounts being held

are

$1

of

stock

redeemed

be

Broadway,

even

of

one-

in cash

by

recently called for redemption on
the

at

Central

N. Y., at $110
share.—V. 171, p. 850.

per

March 31.
Bank & Trust Co.,
share, plus accrued divi¬

Hanover

York,

New

per

With SEC—
The

company

Feb,

on

filed

15

will

There
'
'

be

underwriting.

no

*

r'

Mid-Continent Airlines, Inc.—Files With SEC—
The

from

Net

from

Net

ry.

the

letter bf notification with the SEC
stock (par $1) to be offered at $1
used for working capital.—V. 171,

Feb. 21, filed

011

a

850.

Mid-States Equipment Co.—Common

Stock Offered—

Greenfield, Lax & Co., Inc., on Feb. 28 publicly offered
300,000 shares of common stock (par 100) at $1 per share.
REGISTRAR

AND

is

PURPOSE—It

ceeds

to

It

from

finance

stock

DIVIDEND—A

of Dec.

company's

by

Corporation

Trust

Co.,

intention that the net pro¬
the common stock are to

present

the

of

sale

expansion and additional

to

indebtedness to

of

the

received

be

devoted

be

AGENT—The

TRANSFER

Jersey City, N. J.

Exchange Place,

15

working capital and

retirement

company.

dividend

declared

was

the

on

common

stock

as

1. 1949, but no cash dividend has been declared on the common

to date.

stock

COMPANY—Organized in Delaware, Nov. 30, 1948. Immediately upon
it acquired and now owns all of the outstanding capital
of Modern Atlas Corp. (Mich.),
On April 2, 1949, Mid-States
took over the active operation of the business formerly carried on by
organization
stock

Atlas.

is engaged in the business of retailing household equip¬
furnishings and specialties, 011
the
budget
plan,
principally
through sales agents. Among the articles sold are silverware, sterling

ment,

■

silver, waterless
Venetian

qookware, dinnerware, sheets, blankets, curtains, drapes,

rugs, lamps, radios, jewelry, television, vacuum clean¬
washing machines, and other electrical appliances.
these goods are branded with names exclusively used by
Mid-States
Equipment Co., other articles are nationally
advertised

blinds,

refrigerators,

ers,

of

Many

CAPITALIZATION

GIVING

EFFECT

PRESENT

TO

FINANCING

-

Authorized

T.

Moore

&

railway

oper.

ferred

4,500

Smart

&

Wagner—______
&

Boyce

Wilson-Trinkle

stock,

*1,500,000

608,574

150,000

10,079

par)_
par)

shares of

and 60,000

holders.—V.

3,500

Issuance

upon

conversion of the pre¬

stock

common

are

reserved

for

war¬

171, p. 850,

Midland

13,000

Co.

2,000

from

Net

from

1950
$186,391

Net

ry.

1949

1948

$161,060

$188,798

72,911

49,743

78,571

64,314

42,370

railway

10,190

28,428

26,615

railway

income™

oper.

171,

1,553,233

C.

W.

MacFarlane,

repair

$1,500,000

building,

both

broken

be

1947

$154,679

559.

p.

Minneapolis-Moline

1,226,373

1,359,779

Valley RR.—Earnings—

January—
Gross

—V.

989,913

income

($3

Outstdg.

4,500

1950
1949
1948
1947
$14,409,461 $16,405,187 $17,110,571 $15,725,023
1,985,196
2,623,540
2,540,274
3,087,736

railway

(10c

stock

*30,237 shares are reserved for

Co.,
,___

Stein Bros.

2,000
4,500

stock

Preferred

common

Co.—Proposed

President,

parts

depot

on

and

Feb.

Incr.

in the Hopkins, Minn., area.
April 1.—V. 171, p. 850.

northern

The

Facilities

in

announced

9

$300,000

a

plans for a
headquarters

ground probably

will

about

171, p. 558.

Minneapolis St. Paul & Sault Ste. Marie Ry.—Earnings
January—

The

stockholders, on Feb. 6, voted to change the par value of the
capital stock from $25 to $10 per share to effect a 2y2-for-l split.
The split is subject to approval of the Massachusetts Department of
Public
will

company,

4,000 shares of common
share.
The proceeds will be

696.

p.

January—
Gross

letter of notification with the SEC

a

covering 176,167 shares of non-assessable common stock (par 10 cents),
to be issued
to buy a mining claim from the Sterling Zinc-Lead Co.

Louisville & Nashville RR.—Earnings—

Utilities.

If

increased

be

it

from

approved,

is

163,800 to

McBee Co.—To Pay
The

directors

common

The

%

each

trustee of each particular trust.

as

preferred

$6

will

next,

Security & Bond Co.3,500
*

13,000

Co

of

O'Neal, Alden & Co., Inc.__

10,000

4,500

•»

for

Insurance

Company Act of

company.

of Massachusetts

interest

company

rant

Inc.

Inc.

Bond Co.

underwriters

the

number

409,500.—V.

of

169,

shares
p.

outstanding

2437.

Bond Extension Proposed—
company has appplied to the ICC for authority to extend the
maturity date of $4,983,000 first mtg.e. 4 % bonds from Jnue 1, 1950 to
1, 1968.
Of the total. $4,975,000 is held bv Consolidated Real
Estate Co., a wholly-owned subsidiary, and the balance by the public..

includes

assets

hundredths of

shares

Lynn Gas & Electric Co.—Stock Split Voted—

T

interest,

investment

type, it was explained, it is
investors to arrange, in a single

$11,943,849, equal

beneficial

Common

several

Berwyn

Dupree & Co.______
J. J. B. Milliard & Son____

171,

of

stock.

17,648

L.

—V.




1,

surplus

merchandise.

consisting

17,64.9

Inc

L. Lyons &

the

of

purchased by each

to be

Co.,

names

Brothers

-

further

no

amount of bonds to be outstanding
exceed the limit of indebtedness

cumulative preferred

5%

as

UNDERWRITERS—The

Russell, Long & Burkholder

June

mutual

$100 each and 1,720,000 shares of the par value
860,792 shares of the series of par value of $25 each are

W.

The

Jan.

value of

designated
common

—V.

that

event

(now $150,000,000).
amount
authorized all
series,

fTotal

F.

1,170,000 shs.

company

of

stock

except

time if the total

any

issue

780,792 shs.

2,000,000 shs.

the amount of bonds which may be

limited

not

is

31,647

1948

to

contributed

The company

20.000 shs.

value)__

par

indenture states that

trust

issued

(without

<12,514

1949

beneficial

a

incorporated by fc'pecial
of the fund.

Co.,

net

Modern

'*
$41,000,000
*1,740,000 shs.

—

5%

12,048

558.

Outstanding

Nov.

—

stock

883

57,761

prior

and

Stock

in

88,640

1948

has

Metaline Mining & Leasing Co., Spokane, Wash.—Files

acquire

operating public utility engaged principally in the
The
company's electricity,.is generated

$277,389

1949

issue

new.

of ithis

medium

v.ere

dend

business.

30,923

195C

oper.

and

an

gas

and
at

will

sale

$253,528

Lehigh Valley RR.—Earnings—
January—
Gross

the

58,770

558.

p.

SEC

Electric

&

$257,455

1950

from

1949,

203,951

696.

p.

additions

The Bankers

1947

Lehigh & New England RR.—Earnings—
Gross

the

sole trustee

also

Tctal

of

38,642

income—

♦Deficit.—V.

1949

issued

and

$100,000

York, and
underwriters, it

Massachusetts

Insurance
is

70

distribution system and" ice plant in Mont¬
stock is owned by fiva jtersons not; affiliated
acquisition
of
the
stock, Louisiana would

its

of

$199,296

railway

oper.

the

to

distribution

facilities

and

Almstedt

Lehigh & Hudson River Ry.—Earnings—

Net

,

474,829

"

and

plant

Lehman

1950

of

of operations into other fields'

New

principal
and

of

and

open-end'management

The

31.248.343

for

electric

water

1979,

wool prices are at record-

2026.

January—
Gross

of

171,

outstanding shares of capital stock of The Grant
a cash consideration of $125,000.
The latter oper¬

340

Blyth &

170,

/,

surplus.

Fund, Boston-^-Units Offered—

units

Co.,

registered under

1947

237,543

mortgage

1,
'

in the

showed excellent

and

50%"

over

Maytag Co.—Redemption of Preferred Stock—
1948

346,706

CAPITALIZATION

of

1948

$48,061,768

high levels.—V.

1949

income

Inc.,

for

after

coverings

As

shares.—V.

13,000

647,529

steam

be

(James) Lees & Sons Co.—Sales Off 10%—

floor

stockholders.

to

the

a

tures

1st

operating loss carryover from 1945.—V. 168, p. 2210.

Net

of

of

Co., Inc. jointly
purchase group which on March 1 offered to the
public 101,297 shares of common stock (without par
value) at $34 per share,

$4.60

for

in

of

covering

->

75,000

$3.61

of

fund

&

program

the

per

150,000

225,000

share

payments

sent

Authorized

$345,204

outstanding

common

be

in excess

approval

Louisville, Kentucky, and vicinity.
During the
year ended
Dec. 31, last,
approximately 74%
of consolidated gross
operating revenues ol the company and subsidiaries was derived-from
the sale of electricity and approximately 26%
from the sale of gas.

418,204

490,000

:

$813,848

shares

shares will

new

stock was

Upon

$5,294,871

profit

■Dividends

authorized.

513,072

Preferred

•'Earnings per

not

720,579

small

small

-

$7,342,137

Prov. for Federal & State inc. taxes
Net

is

$1,514,214

the

a

tributed

1947

$7,328,043

Profit before Income taxes

-

&

378.

p.

deposited with it should stock¬

capital

559.

program

a

investment

150,000 shares

to

or

$1,543,206

company

electric

Co.—Earnings—

31—

sales

for

paid

capital

a

p.

trust

a

as

The

Offered—Lehman Brothers and Blyth &

covering

Hoffman

subscribed,

171,

small

with

,

1950

COMPANY—Is
of

that

20

the disposition of income and principal for the benefit of themselves
during their lifetime and thereafter for their families or others.
<

6 on proposals
to reduce the
of treasury-held shares outstanding
number of authorized shares," after, giving'

$1,655,505

oper.

head

1923.

Langendorf United Bakeries, Inc.—Files With SEC—
letter

Boston,

pre¬

treasury

for

PURPOSE—From

A

subject to ap¬

first and initial issue of 10,000 shares of capital stock

company

Estabrook

Grant with those of 'Louisiana.
-The water
and ice facilities would be disposed of within tine year from date of
acquisition.
It is contemplated that Grant eventually would be dis¬

$313,713

share™

in

Feb.

to permit expansion

are

offering

of

Through

railway——

integrate

1948

$120,256

outstanding

common

by

p.

taxes

shares

Earnings

the

ciples

entitled-

cumulative

railway.—

Louisville

1949

1950,

for,

completely

Public

meeting

March

treasury-held

from

of

Mo.—Earnings—

31—

85,850

after

6%

funds

increase

on

Massachusetts Life

deposited

March

vote

the

of

split-up

gomery, La.
All
with
Louisiana.

1947

$58,155

paid

Common

the

of

amount of the

approve

proceeds

$50,000.—V.

1803.

p.

full

to

subscribed

was

com¬

made.

been

22,

insurance.

the

The

A

1948

$53,867

Landis Machine Co., St. Louis,
Year

be

after the annual
preferred stock will be
has

shares of capital stock (par
the offer to continue in effect

March

171, p. 850.

all

558.

p.

will

10,000

preferred

days

shares

170,

the

offered

25

to and including

up

announced

The company's

Louisiana Power & Light Co.—Proposed Merger—

$1.34

1949

fail

was

The
of

$1,500,000

cumulative

amount

the

on

certificates

ry.

—V.

268,220

*'109,171

*"81,234

income___

oper.

of

20

stocks

A

Jan.

on

$15 per share to its stockholders,

solved.—V.

railway

*Deficit.—V.

by

change

to

stock

from

Net

194,480

•' $53,629

%

to

are

capital
6;

Utilities,

7

$52,633

It

Louisiana & Arkansas Ry.—Earnings—

RR.—Earnings—

1950

from

loan

a

March

class

consummated,

6%

such deposit

as

outstanding.—V.

retirement

10,

Gross

t

January—

few

a

cumulative

January—

$0.78

6.

irrevocable

giving
loan

funds

approximately

outstanding

event

ates

Gross

and

p. -361.

<•*>

s

meeting

a

obtain

to

outstanding

within

6%
as

at

dividends to July 1 next.
for the redemption

plus

that

stockholders

on

Feb.

1948

133,226

Manager of The Marathon Corp.
Mr, Everest will
active capacity as Chairman of the Board of Directors.

an

p.

proval by the stockholders on March 21, 1950 of an increase in. the
capital;and surplus of the company from $150,000 to $300,000. Louisiana
Savings Bank & Trust Co., New Orleans, escrow agent, will .return-to

stock.

all

bank

payment

March

in

modernization

228,549

907.

that

preferred

or

,

129,204

—

in

company

at
be

$358,760

:

share

second

proposal

a

preferred

share

of

are

shares

principal

203,824

outstanding

common

the

treasury shares and stock split, to 450,000 shares,

$178,338

Common

notification, with

or

due

487,964

profit

of

shares, to effect a 3-for-l split of.
6,
resulting in the reduction of,,,the
stated value per share to one-third of present stated value of $25, and,
to
increase
authorized
capital after giving
effect to retirement of

368,162

.

.

The

$2,998,590

,

letter

a

announced

25

cumulative

redeem

a

stock

effect

$2,850,498

Provision for Federal income taxes
Net

the

1949

taxes

The

$101

Loomis-Sayles Mutual Fund, Inc.—Plans Stock Split—

University—Earnings—
_____

filed

16

Feb.

on

York

holders

receive

to

Columbia, S. C., is President

31—

income

in

'

General

and

171,

been

anticipated
New

a

split-up

for

1526 Main St.,

Jr.,

Charleston

dent

continue

—V.

President.

become

1

-

offer

to

debentures

6%-

will

subscribers the

6%

to

$30

is

with

unsecured.

are

will

Extension
Dec.

of

income

Profit

National

Carolina

proceeds
Sol Kohn,

Year

$75,000

plans

company

2333.

p.

C. Everest, President and General Manager of this corporation,'
on Feb.
28 that effective Apr.il
i, 1950, William U. Keady/
formerly President of United States Gypsum Corp., will be made Presi¬

Managing

years

shares of common stock to be offered at par ($1
net proceeds are to be used to pay for general real

4 %

the

plants

170,

These

$70,000,

net

program.

the

Relations,

proposition is approved and the

pany

at

option of calling them, all or in part, on
debentures are junior to an obligation

the

1956.

that

many

*

on

corporation

will

S. C.—Debentures Offered—

February

interest,

and

par

1962,

Jan.

in

170,

announced

'

holders

on

announced

was

the regular quarterly dividends
preferred stock and $1.37Va a share oh
both payable April 1 to holders of record

6%

stock,

D.

...

the

of

both

being used for expansion.—V,

22.

Marathon Corp.—New President—

retired

director;

a

75,000
The

authorized

Kohn & Co., Columbia,

for

has

as

Chairman

ferred Stock—

publicly
$25)

the

on

preferred

14.—V.

holders

2226.

It

directors,

continue

become

Shopping Center, Inc., Chicago, 111.—

■

(par

March

corporation on Feg. 23 filed a registration statement with the
covering 500,000 of capital stock.
Slayton & Co., Inc., St. Louis
Mo., is named as underwriter.—V. 170, p. 788,
*

development.

stock

stock

record

The

.(Thomas J.) Lipton, Inc.- -Seeks Loan to Redeem Pre-

„

Calif.—Files

December

in

preferred

of

will
to

Schuelein,

Public

and

Kentucky Water Service Co.—Stock Offered—
Bond

of

the present outstanding

on

SEC

Manager, will succeed Julius Liebmann as Chair¬
Philip Liebmann, Vice-President, Treasurer and

Village

corporation

There

shares

holders

Managed Funds, Inc.—Registers With SEC—

and

Advertising
3053.

covering

ferred

2,000

March

.>

company,
on Feb.
20, filed a letter .of notification with the
covering 36,618 shares of preferred stock and 18,309 shares of
common
stock, both to be offered at par ($5 per share). There will
be no underwriting.
The proceeds are to be used for working capital.

Bankers

series

to

previously paid

simultaneously voted

share

a

5 '/2 %

and
•

The

The

the

Files With SEC—

6EC

offered

in

was

as

Marquette Casualty Co., New Orleans, La.—Stock Off'd

With Securities and Exchange Commission—
-

of

board
but

President

as

Hermann

General

and

Lincoln

to

Associates,

Committee;

Director

shares.

Keep

group,

rate

same

directors

$1.50

the

Inc.—Changes in Personnel—

retired

has

the Board,

of

man

If

(O.

bond

of

the

stock.

reduced $189,000.

were

with

years

Liebmann

Director

now

are

income

Chairman of the
the company,

Liebmann,

Executive

employed Arnold Staunton of Beverly
as duly licensed agent of the company
in consideration for which the company agreed to pay Mr;. Staunton
the sum of 17 V2 cents for each share sold and issued.
200,000

the

Liebmann Breweries,

per

the

in

reduced $662,000; Series E 41/2s

were

following 64

,

UNDERWRITING—Company
Hills, Calif.,, to sell the shares

CAPITALIZATION—Of

which

At

mortgage

stock, payable April .1

common

is at

The

the same time it re.duced the.
fixed interest obligations by $116,-

January.

retirement

while series F 5s

Julius

whatsoever.

estate

About April 1, 1950, the company's address will be in its own factory
3555 Hayden Ave., Culver City, Calif.

in

consolidated

Heaviest

4s,

•

*

real

of

"under one roof"; to pur¬
additional working capital.

CORPORATION—Incorporated

no

the

common

were reduced $421,Underlying liens of the
road
were
reduced
over
$100,000 in January, Total
retirementa of
contingent interest bonds since the effective date of the adjustment
plan have exceeded $5,200,000—V. 171, p. 558.

shares of common

chase

purchases

amount

000,

Sold—The

(Calif.)—Stock

Monday, March 6, 1950
on

a

mortgage

market

D

Corp.

general

reduction of $1,272,000 principal amount
contingent
interest
bonds
through
open

made

has

company

Its

000.

,«*

Kaye-Halbert

CHRONICLE

This

1940

$531,178
266,600

'

2950

$435,648

FINANCIAL

Reduces Indebtedness

Kansas Oklahoma & Gulf Ry.—EarningsJanuary—

&

COMMERCIAL

stock,

board

on

Feb.

payable

also

declared

declared

a

a

30%

stock

dividend

on

the

holders of record March 3.
quarterly dividend of 10 cents a share
14

to

Net
*

from

from

Net

ry.

1950
railway

oper.

171,

1947

$2,238,030

$2,337,693

*303.173

*281,952

*204,435

$2,163,914
105.953

*510,046

*524,200

*396,566

*54,483

income™

Deficit.—V.

1948

1949

$2,058,548

railway

p.

697.

Mississippi & Alabama RR.—Abandonment Approved

30% Stock Dividend—

24

March

Gross

The

17-mile
due

to

ICC

has

leased

authorized
line

between

the

company

Leaksviile,

unprofitabl operations.—V.

116,

to

abandon

Miss.,
p.

935.

operations on

and Vinegar

its

Bend, Ala.,
f

Volume

171

THE ^COMMERCIAL

Number 4887

"Mississippi River Fuel Corp.

the

Gross

from

Net

from

Net

ry.

—V.

$367,182

railway..—

railway
income

171,

1948
$363,988

$357,408
154,438
82,313

154,851
69,921

...

trade

$279,996
112,873
54,710

166,512
82,101

from

ry.

1,281,550
469,220

income

171,

It

was

reported

time

171,

This
shares

this

Feb.

on

month

and

.

The

to

in

of

ment

each

sidered.—V.

The
trust

and

will

company

receive

due

over

bids

March

period

a

of

V

171,

Ranch

deposits

properties

The

—V.

also

are

Monsanto

171,

New

the

in

Fuel

the

Associates

issue

Power

be

to

for

that

estimated
of

of

its

stock

natural

for

sale

and

legal
development

initial

of

The

the

supply

of

ry.

Option

Utah

on

certificate

a

Gas

Co.

at

this

J.

in

assets

has

court

and

North

Continnent

that

announced

24

Wilmington,

has

it

for

Del.,

England

by

$30,000,000

of

The

the

System,

for

will

proceeds

and

parent

of

required

tional

common

559.

share

for

p.

the

sale

1949

$555,810

9.033

"99,060

44,075

"124,244

"99,943

"223,310

"82,051

1948

,

1947

$657,876

the

under

company

Section 77 of the Bankruptcy
is Chairman of the committee.—V.

will

•—V.

171, p.

194.

Montour

of New York,

tion

$400
used

be

per

to

$330,000

Net

from

Net

ry.

—V.

1948

$257,244

$253,241

January—

1950

1949

1948

$420,415

$313,637

130,477

$415,624
93,461

$383,878

railway--—__

46,017

of

"18,529

54,569

63,342

66,034

33,940

"77,282

"3,540

income—

171,

income.—

30,036

64,000

65,441

in

share.

171,

financing by the

First

that

and

payment
call

company.

to

was

Property—Private

Leased

with

expire

Dec.

on

purchase

$600,000

Insurance

under

31,

rental,

to

Fi¬

Co.,

lot.

payable

Ended

Dec.

the

decided

partially

was

the

to

instalments

it

financed* by

over

12

—V.

#,i.

income

at

The

1948

$855,790

368,790

332,914

11,393

17,810

168,024

reduction

share

of

the

debentures

191,925
$313,140

also.

in

1962

1,

at

104

interest.

and

National Railways of Mexico—Offer
United

railway

of

these

either

is

the

offer

of

the

eligible

Plan

A

American

by

Mexico

securities

55%

of

obligations,

of

that

securities

holders
excess

States

or

V.

$100)
for

Payment

from

Co.

is

will

the

be

declared

operative

B

under

(Pan

the

ry.

—V.

March

vote

6

on

proposal

a

declare

stock dividend.—V.

60%

a

of

March

Net

In

Net

—*

income—

"Deficit.—V.

171,

agent,

between

the

Bankers

of

American
funds received

it
the

meet

payments
United

on

Trust

Co.)

has

from

Co.

been

1,

1950,

States

Mexican

that

announces

Mexican

the

March

and

the

the

it

has

on

The

the

of

stockholders
common

March
from

all

28

will

shares

references

consider

without

to

any

par

of

is

to

with

G.

Nesbett,
total

$497,000

end of

President,

on

approximately
or

$8.91

per

Feb. 28

$555,000

share,

changing the
value

to

$1

the

of

the last fiscal year.—V.




Niagara
its

Hudson- by
stock.

common

net

share,

Nov.

30,

of

notification

at

100.

No

400

with

'

SEC

the

of

shares

1949
$551,513
"33,688
"103,572

value;
170,

assets

plan

for

'•

851.

hearing

March

on

28,276 shares of common stock
close of the New

after the

made

Ohio Public Service
See also V. 171,
:

10.

Secondary Distribution—A secondary

—

distribution of
was

SEC

•

Ohio Oil Co.

•

for

March 10—

this company of The

into

merger

has been scheduled

of

the

change

Feb. 28 at $26.62x/2

on

count of

York

(no par)

Stock

45

Ex¬

share, with dealers' dis¬

per

cents per

share. The distribution was made
through The First Boston Corp., Coffin & Burr, Inc., and
Paine, Webber, Jackson & Curtis.
Oversubscribed.—
.V. 171, p. 465.
•

Oklahoma City-Ada-Atoka Ry.—Earnings—
195# $*'•'
$79,659i ;
33,785
5,435

January—

,,

Gross

from

Net

from

Net

ry.

—V.

railway

railway.
income

oper.

171,

1949
$81,353/

.

35,246
8,779

1947

1948
$79,470
29,235
8,584

$86,510

43,817
16,443

560.

p.

Oklahoma Natural Gas Co.

Secondary Offering—A

—

offering of 7,400 shares of common stock
was made Feb. 27 at $35.87V2 per share, with
concession of 70 cents per share to participating NASD

a

members.—V.

171,

851.

p.

/
Omar, Inc. — Preferred Stock Offering—KirkpatrickPettis Co. heads a group of underwriters which on
March 2

tive

publicly offered 20,000 shares of 4V2% cumula¬
preferred stock (par $100) at $103 per
accrued dividends from March 1, 1950.
This

convertible

share and

offering is subject to 16,933 of these shares being offered
by the company in exchange for presently outstanding
6% cumulative preferred stock, share for share, plus
payment to the company of $1 per share in cash.—V. 171,
p. 697.
Oregon-Washington

are

capital.

RR.

Navigation

&

Co.—Partial

Redemption—
The
of

1949

1948

$766,206

$753,433

$723,475

$733,937

170,038

168,464

115,448

58,291

44,556

41,010

company

for redemption on April 1, next, $541,000
series A, due Oct. 1, 1960, at 101V*
be made at the company's office, Room

called

has

refunding mortgage bonds,

3%

146,417

63,179

and

1947

interest.

Payment

will

2822, 120 Broadway, New York, N. Y,—V. 169, p. 807.

Pacific Gas & Electric Co.—Registers

With SEC—

Feb. 23 filed a registration statement with the SEC
covering 1,656,156 shares of common stock (par $25) to be offered to
common
stockholders about March 20 at the rate of one new share

Ry.—Earnings—
*

1949

for

$11,853,486 $14,801,038
2,321,195
4,169,874

—

1,4 85,056

2,669,217

1,454,703

_

Feb.

announced

plan

each

amendment.

owned.

shares

five

Unsubscribed

will

shares

pany's construction

for
of

the
all

23

assets

the

by

distribution

its

among

except

its

Approved

SEC,
the Commission
the security holders of
interest in a foreign

found

that

the

provisions

the

of

plan

and

the

North Continent's security holders
equitable to all interests affected.
*
'•

of

the

(no

the

three

of

Under
preferred cash

subsidiaries

Falls

Gas

of

Co.,

common

shares;

&

Storage

all

The

a

available

preferred
stock

of

Co.,

of

87,544

shares

all

the

of

Shore

shares

of

of

will

non-cumu¬

Oct.

also

Continent's

hold¬

of

stock

common

outstanding

Gas

Co.

common

all

constituting

(as

of $7

North

North

43,772

cash

stockholders

of

all

follows:

as

Ice

Cold

and

constituting
stock

shares

par)
and
166,746 shares of
plan, there will be distributed

the

par).

outstanding

common

31,

of

shares;

being 35.38%

will

(Saulte

Ste.

common

Marie,

stock

the

program.—V.

ern's

expected to expire April 5.
underwriters to be named by
to finance in part the com¬

are

by
used

171,

p.

697.

one

of

The

of

North

is

and

of

North

Continent's

interests

distribution,

properties

are
t

Great

in

sale

considered

of

most

such

will

are

interests
for

share -for

six

each

of

the

or

receive

now

of Great

North

held.

The

subscription

price

i»

offer

of the stock financing, which will approximate $81,r
rights to subscribe are exercised, will be used to reim¬

proceeds

316,000 if
the

after,

the

all

company's treasury, for construction expenditures.
There¬
remaining proceeds will be used to repay then outstanding

borrowings, from banks to the extent that such proceeds are sufficient,
therefor.
Such borrowings, made for construction purposes, both for
the
company and its
Nevada, are presently
remaining balance of
purposes.—V. 171, p.

wholly-owned subsidiary, Bell Telephone Co. of
outstanding in the amount of $67,400,000. Any
the proceeds will be expended for construction
851.

Inc.—Exchange of Stock—

new

the

stock.

not

shares

share.
The record date and expiration date of the
supplied by amendment.
No underwriting is involved,

The
of

the

mount

company

Pictures

United

the

North¬

Continent's

and

Corp.

Pictures,

certificates of interest in common stock
Inc., surviving companies under the
reorganization plan pursuant to terms ol

Theatres,

Inc.,

consent

stockholders

as of Feb.
8, 1950, a total of 81.34%
been exchanged for common stock of Para¬

that

had

Paramount

anti-trust

The

suitable

reports
stock

common

Paramount

common

desirable

Net

be

burse

of

Continent
new

new

per

to

common

outstanding

/

Northern

Co.—Registers With SEC—

on

company

Paramount Pictures,

67.74%

receive

Ont., Canada).

stockholders

Continent's

public

for

of

North

remaining 32.26%
for

be

Feb. 23 filed a registration statement with the SEC
shares ($100 par), which are to be offered
subscription by holders of outstanding common stock at the rat*

The

covering 814,694

1948)..

Continent, which is to be recapitalized on
one
stock basis with 64,616 shares outstanding pending disposition
its interests in its remaining subsidiary, Great Northern Gas Co.,

North

Rights
offered

be

proceeds

The

2,658,735

$109

stock

Great

The

compared
1949,

-

s

1947
$545,826
125,454
54,575

1948
$555,705
26,578
"60,927

common

Ry.—Earnings—

and

value

par

par

stock.—V.

that

per

on

of

1950

48,150 shares

preferred

iespectively
170, p. 2586.

of

underwriting. Proceeds

shares;

$9.38

lean

share

per

letter

a

working

Denver

announced
or

bank

the

company now has outstanding 43,772
convertible
preferred stock
(no

holders

ings

these

at

128.

560.

a

fair and

lative

of

Fund

common

and

income-^-

Commission

The

•

available

(The) Nesbett Fund, Inc.—Asset Value Higher—
John

of

proposed allocation of assets among

Ltd.

the

accompany

share

offered

be

to

corporation

The

Committee

1805.

p.

should

0.78

corporation.

de¬

Change Par Value—

on

stock

eliminating

on

p.

560.

p.

approved

of

also

which
for

10-year debentures

additional

decision,

a

this

sufficient

holders

p.

560.

p.

Pacific Tel. & Tel.

In

agreements

fiscal

Nehi Corp.—To

2438.

cents

filed

13

6%

railway

p.

171,

common

the

International

Necessary forms to enable
securities to accept the offer are
agent.—V. 171, p. 465.

railway

office

Co.,

North Continent Utilities Corp.—Liquidation

designated

Government

under

Mexico.

Mexican
of

Trust

due

The

Co.

interest.
Payment
trustee, 100 Broadway,

,

railway

oper.

171,

—V.

agreement.

American

Trust

exchange

in

25

operating revenues
railway operating revenues
railway operating income
income '

Net

to

2.

152,

secondary
(par $15)

January—

Suisse,

fiscal

As

to

Norfolk & Western

as

the

increase

RR.—Earnings—

$568,249
"25,614
"119,589

railway

railway

accrued

requirement

for

Railway

Government

Stock Div.

to

The company on

Operative—

Mexican

;

which calls for the expenditure of $51,800,000,
disclosed.—V. 171, p. 465.

will

and

oper.

ry.

current

trustee,

successor

ad¬

171,

for

1950

from

from

Net

de

posit with

cash

Feb.

on

(par

Gross

Mexican Government as fiscal agent under the agreement.
Mexico, Ave. del' Cinco de Mayo Num.
2,
Mexico City,
appointed special agent by the government.
The following
banks have been designated by American Trust Co. as
paying agents:
in England, Central Hanover Bank & Trust Co.; in
France, Belgium
and Holland, Banque de Paris et des Pays-Bas; and in
Switzerland,

"to

the

Co., Portland, Ore.—Files With SEC—

company

Net

been

Credit

101,

issue

.

851.

p.

used

the

Banco
has

1950, at

banks

the

bonds

the
corporation will redeem
5%. gold bonds, series A due

and

101

and

stock

January—

notifying holders of certain Mexican
of

at

York

reduction

a

171,

be

to

aggregate original dollar amount of railway
assent, has been presented for acceptance of

for

Plan

Trust

with

mortgage

Mohawk Power Corp. from $1.00 to 75 cents per share

of

covering $50,000 of

has called for redemption on April 1, next, through
fund, $125,000 of 15-year 4,/2% sinking fund

at
the
Guaranty Trust Co.
of New York,
Broadway, New York, N. Y.—V. 171, p. 850.

The

agreement

$1.76

tax

made
140

the

Norfolk Southern

April

that

28

mortgage

2586

pp.

equivalent,

Noon Bag
The

the sinking

due

Feb.

1950,

New

common

result

amount

See

697.

corporation

the

approved

first

1,

The

.170,

stock of Niagara

National Gas & Oil Corp.—Partial Redemption—
operation of

Life

Syracuse.

.

on

May

on

made

The

was

$822,351

_

expenses

income

share

p.

of

24

.

outstanding

York.—V.

each

an

1949

income

171,

received

Metropolitan

Niagara Hudson Power Corp.—Bank Loan Reduced—

Life

$1.54

Federal

per

and

Co.

existing 5% first
next interest date, May 1,

stock
Net

Earnings

securities have been

these

Insurance

the

announced

1951

be

New

years.

$274,144

Provision for

Life

Co.

Feb.

on

,

its

1,

of

sale

Mutual

of

period

a

the

of

notes.—V.

Executive Vice-President,

1950

from

Net

Corp.—Arranges

the

ACCOUNT

31—

less other

expenses,

Deposit

the

on

was

of

will

plant

possibility
was
to'

Hancock

John

INCOME

Gross profit from operations
Selling, general and administrative
Other

of

Chicago

the building it now occupies
transaction has just been completed.

This

in

its

in

view

In

management

COMPARATIVE
6 Months

to purchase

Mutual

redeem

to

price.

all

purchase

price of $900,000
3'A%
debentures

of

lease

a

1950.

the

company

the

adjacent parking

The
of

operating

was

increased
to

and

directors

voted

Nov.

interest

Service

Calls 5% Bonds for Redemption—

Corp.—Buys

company

greatly

a

best

Trust

The

nancing—
The

Commitments

Northwestern

It

Nachman

Water

the standby and loan agreement
and includes the following insti¬
tutions: The Marine Midland Trust Co. of New York,
Fidelity-Phila#
delphig, Trust Co., jyhe Marine Trust Co. of Buffalo, Bank of '^h6
Manhattan
Co.,-Entire Trust Co., Title Guarantee & Trust Co., apd

753.

p.

$150,000

time.

program,

share

per

The group of banks participating in
is headed by The New York Trust
Co.,

The offering represents the holdings of sell¬
new

1975.

from

block of 53,000 shares of common stock at $11.50

ing stockholders and not
—V.

an

Insurance Co.

(The) Muter Co.—Common Stock Offered—A banking
syndicate headed by Dempsey & Co. on March 3 publicly

per

sell

parent,

aggregate

,

559.

a

York

corporation has "not received approval from the New York Public Serv¬
ice Commission, or has not consummated the sale
of, new first mort¬
gage 3V4%
bonds, due in 1980 and 4% sinking fund debentures, due

(A. A.) Murphy & Co., Inc.—Stock Offered—1

offered

its

an

on

Piper, Jaffray & Hopwood on Dec. 28 publicly offered 6,000= shares
of 5^2% prior preferred stock at
par ,<$50 per share!
and dividends,
the proceeds being used to pay bank loans.—V. 171, p. 6.

v

off

pay

outstanding

and

to

or

capital stock from $2,000,000 to $3,200,000. It is the inten¬
the directors to reduce the par value of the stock from $25 to

of

"Net

agreement provides that the corporation may borrow this sum
May 1, 1950 for the purpose of effecting the redemption of its out¬
standing first mortgage 5% gold bonds, series A, if by that date the

68,716

oper.

171, p.

issue

stock

559.

p.

Standby
Agreement—Calls 5% First Mortgage Bonds—
The corporation has arranged a standby and loan agree¬
ment for the sum of $10,500,000, it was announced Feb. 24
by Richard L. Rosenthal, President.

97,04u

to

share,

$10,000,000.

stockholders

Gross

60,086

oper.

ry.

New

1947

1950.
1925.

$50,000,000 in common stock and serial
half of this year to finance its 1950
has disclosed.
The first portion

January

1947

railway—

from

from

Net

$302,866

1950

4,

company

Northwestern Pacific

The

1949

$95,462

•

April

on

23.—V. 167, p.

171,

and Loan

railway—__
railway—

lrom

8.

of

eight held.

the

at

yield

Merriam,

The

Susquehanna & Western RR.—Earnings—

Net

RR.—Earnings—

January—
Gross

U.

program calls for the sale in May of 304,500 addi¬
shares to common stockholders at the rate of one new

each

construction

John

Act.

Uhrbrock,
559.

Gross

1950—12 Mos.—1949

to

Northwestern National Insurance Co.—60%

New York

$1,168,877,256 $1,308,321,364

the

enforcement

and

Its security helders
corporation.

Ohio Edison Co.—Hearing on Plan

$66,688,902
V

dis¬

financing

$10

of

P.

p.

the

1950—Month—1949

be

The offering price will depend on market
However, it is estimated that the stock
As the second step in its program, the
company will take bids in June on an offering of $40,000,000 in serial
debentures, although the exact date has not yet been decided.
The proceeds from the two offerings will be used to finance the 1950

Ry.—Earnings—

$592,223

the

program,

convenience

171,

H.

$61,457,737

will

among

except its interest in a foreign
scheduled the matter for hearing

Electric

be

would

lines.—V.

ganization
E.

"Deficit.—V.

Period End. Jan. 31—

is

authorized

company

Sales

sale

.

ICC, on Feb. 2, authorized a committee for holders of. ref. 4s,
1992, to solicit authorization to represent bondholders, • without
deposit of the bonds, in connection with the proceedings for reor¬

Montgomery Ward & Co., Inc.—Jan. Sales Off 7.8%—

applied

approval

approved by the commission Feb.

was

construction

due

by

common

a

-

The company plans to sell
debentures
during the first

The

an

Feb.

on

$480,000.

Algonquin

stock

"16,414

income-—

oper.

If

Northern Natural Gas Co.—Financing Plans—

application will be made

transmission

the

of

of

$509,475

railway

railway

new

560.

p.

"Deficit.

the

covered

its

vances

of

1950

from

the

to

dissolved.

recapitalizing.

Court

plan

New

from

gas

Provindence

shares

250,000

feasible,

Commission

is

construction

be

Juris¬

of the plan, the proceeds will be
and common stockholders of North

The company has received SEC authorization
additional 1,200 shares of its $100 par capital

Committee to Solicit—

of

of

all

The

Transmission

organization

and

sell

and

found

the

Connecticut

or

will

an

Upon

reserved

States.

England

to

with

distributed

be

permits

Northern.

Commission

,the plan of this corporation for distribution

purchase 125,000

Gas

engineering

transmission

Jersey

England

of

will

Continent

consummation

Continent

Great

in

the

Northampton Electric Lighting Co.—To Issue Stock—
to

proceeds

and

which

present preferred
the foregoing basis

on

SEC

District

Association—Purchase

the

use

New

&

It

the

from

697.

p.

Federal

Net

Ratliff, which adjoin the Humphrey
option.
p.ans to prospect the deposits in explora¬
tory work which may extend for several years, Mr. Christian an¬
nounced.
The company is conducting similar investigations in Florida
and other
western
areas.
Completion of these studies will precede
any decision concerning expansion of present manufacturing facilities.

holdings,

The

'

1949

Algonquin

of

connection

January—

850.

p.

option to purchase part of the exten¬
Humphreys Phosphate Co. of Denver,
Christian, General Manager of Monsanto's Phosphate
announced on Feb. 23.
The deposits are near Vernal, Utah.

Division,

in

New

with

necessity.

Gross

equipment

$3,000,000

for

6

years.—V.

15

Co.—Acquires

has obtained

company

York,
the

Gas

to

pipeline for

a

proposes

finance

stock

investigations

the venture is

Net

Chemical

phosphate
Colo., John L.

1.4%—
$7,664,392

authorization

SEC

proceeds
North

without

conditions

Phosphate Properties—
The

Electric

&

interests

over

7

Court Hearing—

1950

New York Ontario & Western

850.

p.

certificates

sive

solved

its

of

and

to

pf North

recapitalization

sale,

cash

to

Continent

170,

the

171,

Monsanto

If

of

incurred

in

gas

the

to

,

St.

in

be

Eastern

time.

to

company
will until noon (CST) on March 6
Louis, Mo., for the purchase of $3,000,000 equip¬
trust certiiieates, series NN, dated April 1, 1950, and due $300,000
April l, 1951-1965, inch
No bids of less than 99 will be con¬
bids

Avon

$7,560,349

par common
The latter is

cost

New

Algonquin

Equipment—

trustee

receive

the

Participating

railway..—

on

$1

planning of

are

Bids

the

of

points

1950
1949
194.8 <
1947,
$15,406,125 $16,788,653 $17,179,801 $16,063,613
from railway
2,916,846
3,218,051
3,366,821
4,051,580
ry. oper, income*.—'
1,413,474
1,512,218
1,523,815
2,155,569

Net

with

the

prior

distributed

of

Gas

of

the

effected

under the

contract

.

England

services

$1,680,000

January—
Net

manu¬

The

allocation

stockholders

to

softener,

a

—

Association has received

natural

from

1948

6,

194.

p.

defray

Missouri Pacific RR.—Earnings—
Gross

into

diction,

purposes.

Corp. to manufacture and package the product.—V.

for- $125,000.'

to

the company plans the issuance
equipment trust certificates.—

that

24

of

■

697.

p.

entered

beard

Approved—

920,154
252,059

Co.

some

has

corporate

Maryland Oct.
liquid

(J. J.) Newbury Co.—January Sales Off

1947
$4,974,611

May Issue Equipments—

V.

a

It

immediate
effectuation

The

$6,456,177
$5,945,486
1,152,029
1,090,119
317,986 '
327,410

$5,690,309

railway..__

railway

oper.

in

distribute

Month of January—

,

New

1948

1949

for general

organized

"Neville."

name

—V.

1950

from

Net

used

was

and

Sales;——--

January—
Gross

be

to

advertise

security holders.

-

,

stock

common

2333.

Missouri-Kansas-Texas Ry.—Earnings—

Net

of

(951)

1947

697.

p.

proceeds

corporation

facture,

p.

1949

oper.

net

The

shares

CHRONICLE

1949 publicly offered "as a specu¬
(par $1) at $1.25 per share,

Co., New York, on Dec.

100,000

Allied Products

1950

"

&

Dunne

lation"

Missouri Illinois RR.—Earnings—
January—

Neville Corp.—Stock Offered—1

■

Secondary Offering—

—

Goldman, Sachs & Co. on Feb. 27 made a secondary of¬
fering of 7,500 shares of common stock (par $10) at $38
per share, less a dealer commission of 40 cents per share.
—V. 171, p. 753.

FINANCIAL

&

decree.

who

have

not

as

yet

surrendered

for

their

old

stock

exchange into the two new securities are requested to send same,
together with letter of transmittal, to Manufactures Trust Co., 45

Beaver

St., New York 15,

N. Y.—V.

171,

p.

106.

■-

8

(952)

THE

Parking Services, Inc., 'Washington, D. C.—Stock Of¬
fered—James T. De Witt & Co. on Jan. 16
publicly of¬
fered "as a speculation"
120,000 shares of class A common
stock (par 500) and
60,000 shares of class B common
stock (par 100) in units of two
shares of class A and
Out
will

of

the

allow

underwriters'

a

selling

discount

concession

to

of

$1

unit,

per

dealers

who

the

of

underwriter

company any of
ment to market

the

Ihe

between

the

dated

Jan.

16,

firm

no

aforesaid

sell

is

nor

purchase

the

there

firm

any

commit¬

any agreed or minimum number of the units,
to use only his best efforts to sell such

—V.

to

acquire property and for working capital.
Dec.

on

22,

1949,

in Delaware,

and

main¬

its

principal oflice and place of business at 1419 Eye Street,
Washington, D. C.
Company proposes to engage extensively
parking and garage business, and intends to acquire,
lease and/or purchase, and operate, parking garages, parking lots,
other

any

business.

other

Park-O-Mat

for

cf

will

a

in

and

entered

Inc.,

the

Philadelphia,

with

l«o

Washington,

Services,

use

206,555

income—..

,121,169

92,495

155,810

134,593

88,520

oper,

171,

234,625

lend

themselves

the

to

into

D.
to

agrees

cities

Pa.,

of

of

contract

a

C.,

under

make

with

the

firm

Washington,

a

1949

etc

-

1948

$6,728,153

1947

J

delivery

D.

which

of

the

com¬

Baltimore,

C.,

to

Md.,

CAPITALIZATION

GIVING

part upon the number of

in

EFFECT

TO

PRESENT

cars

6,892

352,000

$527,645

profit

Loan Placed

$564,347

Gross

$559,542

from

Net

Cr56,226

ry.

trustee.—V.

Net

Dec.

The

of

1949

720,795

stockholders

last

month

(par

value

50c 1

50,000 shs.

120,000 shs.

ry.

B

stock

(par

value

10c)

500,000shs.

125,156 shs.

bonds due

The

company is inviting bids for the purchase from it of $3,000,000
first mortgage bonds to be received at the office of Common¬

its

wealth

Services,

(EST)

a.m.

Inc.,

pir**

March

on

13,

tot.,

YorK,

r ew

1950—V.

N.

5,

Y.,

before

11:30

171, p. 851.

—V.

Pennsylvania Power & Light Co.—To Redeem 3% De¬
bentures from Bank Borrowings—

for

informed

were

that

Privately—

All

of

the

outstanding 3% sinking fund debentures due Oct. 1, 1965,
have been called for redemption on
April 1, next, at 103.16%
and
accrued interest.
Payment will be made at The Pennsylvnia Co. for
Banking & Trusts, 15th and Chestnut Sts., Philadelphia
1, Pa., or at
The Chase National Bank of
the City of New York, 18 Pine
St., New
York

15,

To

N.

with

a

of

group

the

State

will

be

The

balance

of

The

in

of

the

purpose

has arranged

company

nine

banks, headed by The Chase National Bank of
York, to borrow $27,000,000, of which $18,000,000
equal annual instalments beginning Oct.
1, 1951.

New

repaid

above

10

$9,000,000

will

become

due

Oct.

1,

be paid

$10,200,000 series Y
equipment trust certificates matur¬
ing annually Jan. 1, 1951 to 1965, inclusive. Subject to
Interestate Commerce Commission
authorization, the cer¬
tificates were reoffered by the
group at prices to yield
from 1.40% to 2.55%,
according to maturity.
Bros.

Hutzler, 99.568 for 2%s.
certificates, issued under the

final

series
to

instalment

Y.

The

provide

estimated
of

bids

2Vt%

a

V.

10

viz.:
Salomon

and

171,

cost

not

freight

less

than

passenger

$6,025,000.

equipment consists
"A" units; 39 Diesel-

"A"

units; 27 Diesel-electric freight
locomotive-type "B" units; 109 Diesel-electric
switching locomotives;
and one Diesel-electric road
switching locomotive.
Associated

in

Schoellkopf,

the

Hutton

offering
&

are:

Paine,

Pomeroy,

Inc.,

Webber,

and

Jackson

Reynolds

&

&

Curtis;

Co.—V.

171,

754.

p.

of

the

share.

stock

common

the

on
•

received

be

SEC

authdrization

Electric

System,

for $80 per share,
used

to

retire

to

issue

3,750 shares
or

of

sell

Corp.

of

for

of

color

of

notes.—

America—Reports Rapid Progress in

several

Dr.

E.

W.

Laboratories,

types of single tri-color direct-view picture
reception is progressing
rapidly, and two of
types will be demonstrated within the next few
Engstrom, Vice-President in Charge of
Research,
disclosed to the Federal Communications Commis¬

171, p. 195.
-'•

Reading Co.—Earnings—
January—
railway
railway

ry.

will

1949

1948

2,316,780
1 063,080

560.

p.

Feb.

directors

Mack,

Jr.,

Chairman

to

Presidency of the
Mr.

United

States.
of

Sheldon

the

on

announced
t'-e

Under

a

For

21.

of

,

,

and

Alfred

N.

in

Steele

Mack

has

been President

Co.

last

charge
of

of

sales

March

and

prior

years

Walter

by

employees

plan, company officials stated.—V. 171,

Coons

Net

—V.

he

was

in

board.—V.

171,

director

a

fill

to

an

existing

$2,352,265

$2,217,795

324,016

201,639

53,570

682,975
275,638

308,323

Pet Milk

vacancy

to Finance

1950,

of

at

upon

certificates

representing called shares on or after March
City Bank Farmers Trust Co., 22 William

the

Y.—V.

sur¬

by

the

the

this

.

171,

St.. New

110,

p.

'

10,

York,

The

Associated

Growers,

Inc.,

Aurora,

With SEC—

111.—Filed

line

company on Feb. le filed
1,000
shares
of
class

shares

of

underwriting
capital

and

stock

common

involved.
research

The

in

the

letter

a

covering
932

B

(par

of notification with the
preferred
stock
(par
$100)
$25) to be offered at par.

proceeds

be

to

are

development

of

used

hybrid

for

SEC

Life

Insurance

—V.

decided

the

171,

P.

p.

In

order
an

Morgan
Co.

make

$356,483

share,

&

and

the

No

Co.,

The

In

has

company

of

$22,517

fund

of

purchased

per

share

$250,000

in

set

11,102
its

aside

common

recent

for

Nov.,

1949, the company used $100,000
price then was $20.89 per share. V.

171,

shares

request for

tenders

p.

on

Month of

to

at

an

average

tenders.

stock

was

buy stock

exhausted.

The

average

560.

Net
Net

railway

1950

operating

income after fixed

—V,

—V.

to

filling

$16

1949

3,036^99

ihcome_„_,.r_

556,971

763,159

447,174

charges

598 566

Pittsburg & Shavvmut RR.—Earnings—
January—

Net

ry.

—V.

1950

1949

railway____
railway

$160,582

$168,515

$234,801

48,764

35,315

77,618

income___

71,331

42,562

35,171

60,395

54,931

from

from

oper.

171,

p.

560.




new

the

program

$1,000,000

In

its

outstanding

Mutual

amount

of

Life

the

Co.,
$3,075,000.

852.

January—

p.

NASD

—V.

169,

of

1950

1949

Increase

$968,209

3.1%

196.

1948

1947

$187,793

p.

The

a

concession of 500 per share

offering

was

oversubscribed.

807.
Congregation

(Milwaukee,

West

and

Wis.)—

Bonds Offered—
Ziegler

&

Co.,

Bend,

Wis.,

Catholic
The
of

Diocese

proceeds

of
are

construction

working capital.—V.

Chicago,

Milwaukee.
to
of

be
a

used

to

new

127, p. 2606.

repay

church

temporary

building

loans,

and

for

to

Fund,

Inc.,

/

•

required

a

and

notice

registration

with

the

on

SEC.—V.

the

Exchange

171,

852.

p.

Association—Secondary Distribution—Paine,

concession

a

171,

of

500

a

secondary

(no par) at
share

per

to

852.

p.

finance

Stock Offered—

of the company and its subsidiaries a total of
20,000
of
common
stock,
for subscription
prior to

ees

shares

April 15, 1950, at a price of $10.65 per share, purchasers
to sell them prior to Sept. 1, 1950,

to agree not
to

loans

above

held

net

from

proceeds

to

are

used

by National

in

a

Bank

the

sale

the

of

20,000

shares

majpr part to reduce outstanding
of

Detroit.

BUSINESS—Company, incorporated in Michigan on June 20, 1919,
wholly-owned subsidiaries:
Shedd-Bartush Foods, Inc. (Illinois)
Elgin, 111.; Millers Food Products, Inc., of Detroit, Mich.; Shedd-

has six
of

Bartush
of

Foods,

Inc.

<Ky.),

of Louisville, Ky.; Southern Margarine Co.,
Southwest Margarine Co., Inc., of Dallas, Texas;

Greenville, S. C.;

dressings,
(viz.:

mayonnaise

and

Sales.

company

109,000

and

the

manufacture

margarine,

sandwich

peanut

butter),

and,

and

sale, primarily
(including salad

dressings

spread)
to

and

peanut

minor

a

products

extent,

prune

pickles.

reenforced

of

to

at Detroit,

owns,

concrete

square

rented

are

and

peanuts

juice

Foods

company is engaged
in
its own brand names, of

feet
the

and

of

brick

floor

Hostess

Mich.,

structure,

(of

space

Ice

two-story

a

Cream

containing

which

Co.,

about

and

approximately

27,000

affiliate,

an

frame

steel

square

at

feet

monthly

a

$1,200).

FOODS,

INC.

(ILL.)—Owns,

at Elgin,

111., a fivestory reenforced concrete and wooden structure, containing approxi¬
mately 49,000 square feet of floor space, which plant produces mar¬
garine.
*
SHEDD-BARTUSH FOODS, INC. (KY.)
owns, at Louisville, Ky., two
three-story structures containing approximately an aggregate of 160,000
square feet of floor space.
This subsidiary also owns, at Terrell, Texas,

one-story cement block and

feet of floor

square

steel

building, containing

approximately

space.

SOUTHERN MARGARINE

CO. owns, at Greenville. S.

C.,

two-story

a

brick and wood structure, containing approximately
floor space.

41,600 square feet of
CAPITALIZATION

GIVING

EFFECT

PRESENT

TO

Authorized

1%% promissory note, due Nov. 30, 1951
2 Vz% bank loan, due Jan. 19, 1952—_

"This

stock
note

val.

(par

is owed

NOTE—On
were

stock

so

shares

class

of

Dec.

amended

19,100

B

(par

$1

per

of

28,

A

and,

700,000

500,000 shs.

419,872 shs.

Cream

Co.

company's articles of incorporation
capital stock was changed from

authorized

common

stock

common

$1)

the

1949,
the

that

class

Ice

p

*$275,000

700,000

share)

to Hostess

FINANCING

Outstanding

$275,000

(par

stock

$10),

(par

to

$10),

500,000

and

19,100

shares

of

shares,

common

forthwith

thereafter, 156,200 shares of the com¬
mon stock
(par $1) were issued in exchange for the then outstanding
15,620 shares of class A common stock (par $10), and 156,200 shares
of common stock (par $1)
were issued in exchange for the then out¬
standing 15,620 shares of class B common stock (par $10); that is
to

an

say,

aggregate

of

aggregate

value

of

312,400

shares

$312,400)

of

common

stock

(having

an

issued in exchange for 15,620
15,620 shares of class B common
stock (having an aggregate par value of $312,400).
Forthwith there¬
after, an aggregate of 87,472 additional shares of common stock were
par

of class

issued

to

for
of

each

the

shares

so

A common'stock

were

and

stockholders, being

the

on

basis

of

28/100ths of

a

share

share

$87,472

already held, and, in connection therewith, the sum.
(being the aggregate par value of the 87,472 additional:
issued) was transferred from earned surplus to capital in

respect of such shares.—V.

171,

p.

698.

Sightmaster Corp.—Registrar Appointed—
Chase

National

Sinclair Oil
Boston

111., in Dec.,
1949, publicly offered $500,000 of first mortgage serial bonds, dated
Oct.
15, 1949, and due serially to Jan. 15, 1965, at prices to yield
2 V2 %
to 3(4%, according to maturity.
The Congregation is a Wisconsin
religious corporation of the Roman

cost

Mutual

Shedd-Bartush Foods, Inc.—Common

The

Catherine's
Z.

169,

make the Security Co. no
its capital stock will in due

to

was

listing

share, with

per

shares

members.

from

Bank

of

the

pointed registrar of the preferred

St.

Pro¬

Blair, Rollins & Co. Inc. and Shader-Winckler Co. on
Feb. 28 publicly offered 120,000 shares of common stock
(par $1) at $12.25 per share.
This represents part of
the holdings of a major stockholder.
Concurrently, there
are being offered by the
company to certain key employ¬

Rome

long-term

Insurance

loan

merger

NASD members.—V.

and

Incorporated, The Connecticut Mutual

$997,974
171,

B.

Gross

the

of

American

on Feb. 24 made
distribution of 5,500 shares of common stock

Common

finance

increase

Co.

the

and

$3,770,570

2,444,625

171, p. 560.

Net

a

Rothmoor Corp.—Secondary
Offering—Lee Higginson
Corp. and F. S. Moseley & Co. (jointly) on Feb. 23 com¬
pleted a secondary offering in the unlisted market in
Chicago of 20,000 shares of common stock (par 400) at
to

$2,870,051

revenues
expenses

became

expand the production facilities
plant to include rigid conduit

Massachusetts

total

Calif.,

to

$6.37% per share (net), less

Pittsburgh & Lake Erie RR.—Earnings—
January—
Railway operating
Railway operating

Torrance,

and

company

for

Rose's 5, 10 & 25-Cent Stores, Inc.—Sales
Up—

working

corn.

sub¬

Insurance

Feb. 23.

on

Webber, Jackson & Curtis

$865,421
cents

89

and

Pickering Lumber Corp.—Accepts Stock Tenders—
The

with

1950.

Sales

price

$250,833

compared

3,

California

negotiated

with

will

Jan.

cn

accessories.

has

common

1949—9 Mos.—1948

quarter.

Manufacturing

lias

of

loan

J.

per

1948

Cable

company

product

which
The

Privately—

seven-year

working capital.—V.

*

of

reenforced concrete,

1949—3 Mos.—1948

*$164,227

cents

Rome

of

company

Pfister

41

Andersen-Carlson

certain

to

.

effect

Shawmut

46,000

Expansion—

corresponding

part

add

withdrawn,

Corp.—Earnings Lower—Loan Increased

profit

"Equal to
the

119,87.2

Mutual Life

announced

was

to

The

to

be

a

Cable

Operating

Co.—Partial Redemption—

company

render

724,378

the

has called for redemption on March
31, next, 3,000
shares of its 4(4%
preferred through the sinking fund at
$ioi.l25
per
share.
Holders may obtain the full
redemption price

N.

1947

594.

p.

Period End. Dec. 31—

The

1948

Vice-

a

851.

p.

1949

$2,264,841

551,996

income—

oper.

171,

Rome

elected

was

ry.

1938.

i960

$1,953,644

railway
railway

from

Mack

1957

course

rental

852.

p.

Fredericksburg & Potomac RR.—Earnings—

from

Net

Mr.

Coca-Cola Co.

R.

the

59,211,971
530,171

137,404

contingency charges—

existing California corporation,

The

the

Gross

1949

578,471

an

1.

Up to ten shares may be purchased
by each employee who will be
permitted to pay for these shares over a
period of 24 months, at a cost
of
$11.25 a
share.
About 26,000
shares are available to

since

operations

thereto

to

S.

1950

i,621,330

1

.

Since

The

employees' stock participation plan, announced on
24, employees of this corporation
may buy shares of stock in the
company at approximately 3 points below the market
value, effective

Richmond

of

Pepsi-Cola

to

number

a

promotion

566,687

longer

under

new

January—

the

beard,

Mr.

company.

was
brought
Vice-President

President

1

of

Steele
First

as

March

on

550,958

.

■

1947

$9,597,179

Feb.

Pepsi-Cola Co.—Mack Becomes Chairman—

502,980
SYSTEM

OF

income

used

SHEDD-BARTUSH

The

1,306,876

Co., Los Angeles, Calif.—Merger EffectiveTrading—

merger

referred

Remington Rand, Inc.—Stock Offered
Employees—

under

1947

>8,141,028

1L,307,440

York, it

be

and Shedd-Bartush

March

1948

$8
J,982,570

1,221,504

effective Feb. 21, therefore the capital stock of Security Co.
suspended from dealing on the Los Angeles Stock Exchanges as o!

bank

$8,494,583 $10,447,711 $10,110,809
1,378,760
1,761,971
1,436,225
630,183
675,299
478,037

income

oper.

171,

'

5

1950

from

from

Net

1949

$8,720,887

'574,786

and

PROCEEDS—The

t

Gross

Ry.—Earnings-

became
was

additional

outstanding

television

advanced

sion on Feb. 27.—V.

Net

be

to

aggregate of $300,000.

an

$300,000

and

Development—

weeks,

fixed

Security

adjustment1^

170, p. 1918.

698.

p.

more

RCA

will

No

second

This

locomotive-type

locomotive-type

preferred
instead a cash

issued;

conversion.—V.

par)

will

Development
the

—V.

the

are

be

each

of

$20,820,000
trust
certificates,
principal amount of this issue will be used
fohowing new standard-gauge railroad equipment,

the

Diesel-electric

electric

received,

Philadelphia Plan,

issue

an

will

England

($25

proceeds

tubes

aggregate

for
to

of

were

coupon;

&

The
and

other

for

of

for

common

(lie market value

upon

has

its. parent-New
capital stock

Radio

RR.—Equipment Trust Certificates Of¬
fered—A group headed by Harriman
Ripley & Co., Inc.,
and Lehman Brothers on March 1 was
awarded

Two

based

company

New

winning bid was 99.0566.
Stuart & Co. Inc., 99.053

shares

of

Quincy Electric Light & Power Co.—To Issue Stock—

Pennsylvania

The

shares

consum¬

mation of

Halsey

2Va

common

1960.

redemption of the 3% debentures is subject to final
the banking arrangements.—V.
171, p. 698.

of

day before-the date

The

99

1,269,133

income—

of New

The

may

rate

The

the

than

2319.

p.

Colorado—Calls Preferred Stock

up to and including April
14, 1950, on the basis of par
into shares of common ^stock at the
price of $40 per share, or

fractional'

Y.

provide funds for

less

7

equip¬
$05,000

Stock Withdrawn From

converted

-will

March

on

$975,000
and due

1950

after

ceeds

is
mortgage 4Vfe%
company

company has called for redemption on
April 24, next, all of its
outstanding 4.40% cumulative preferred stock at $105.25
per share,
plus accrued dividends of 66 cents
per share, at the Guaranty Trust
Co. of New York, 140
Broadway, New York, N. Y.
Such shares

the

of

1950,

corporation has issued $500,000 of

Co.

the

to

Public Service Co. of

at

(CST)

noon

purchase

$8,162,456

ordinated notes due

The

vaiue,

the

171, p. 698.

The

company's earnings due

the sale of $600,000
general
insurance companies at 101.
The proceeds are to be
repayment of bank loans and for
working capital.—V. 169.

1961

1339.

be

until

for

Mo.,

*$2.29

Pennsylvania Power Co.—Bids for Bonds Invited—
of

will

company

Louis,

railway
railway

oper.

Balance

404,375

making arrangements for

Class

used

the

St.

January—
Operating revenues
Net railway
operating

*865,256

Public Electric Light Co.—To Place
Loans

stock

p.

391,024

Securities Acceptance Corp.—Places Notes

Federal tax is payable on
parent
to carry forward credits.—V.
170, p. 2133.

The

of

in

from

from

"Loss.
NOTE—No

Outstanding

106,792

St. Louis-San Francisco

$1,481,372

404,375

:

share

common

138,625

$1,534,023
472,285
245,993

January—

1948

$6,677,782

$1.63

shares

common

per

1947

793,223

EARNINGS

sales

profit after all charges Unci. Massachusetts
income taxes)

Earned

1948

$2,026,084

343,022

income

Subs.)—Earnings—

Net

Number

1949

$1,630,162

361,794

Equipments March 7—

bids

Net

(&

1950

$1,457,084

railway

trustee

Gross

Co., Boston, was appointed

31—

account

mortgage

344.

railway

on

Net

Corp.

Ended

first

ment trust certificates, series DD, dated April 1,
each
April 1, 1951-1965, inclusive.
No bid of
considered.—V. 171, p. 594.

7

159, p. 385.

Polaroid

Redemption—

April 1, next, for

on

bonds, 2%%
series
Payment will be made at the Har¬
trustee, 115 West Monroe Street, Chicago,

Savings Bank,

p.

oper.

receive

Feb.

reported that "in order to pay off
provide additional working capital the cor¬
poration in
1949 borrowed $2,000,000 from two
insurance companies
and issued 4(4% debentures
dated March 1, 1949,
maturing March 1,
1964, with sinking fund provisions." John Hancock
Mutual Life Insur¬
ance
Co.
and
New
England Mutual Life Insurance Co.
participated
equally in the loan. The State Street Trust

A

195.

from

Net

Privately—
on

redemption

377,500

__

W. H. Doble,
Chairman,
current bank
loans and

FINANCING

Authorized

170,

for

$37,000

of
and interest.

102.4%

Trust and

Bids

firms

Park-O-Mafc

terms

1976, at

called

fund,

January—

$6,257,632
5,376,816

366,000

(net)

Class

p.

'

been

sinking

1950

St. Louis Brownsville & Mexico Ry.—Earnings-

5,886,530
Cr74,723

taxes

Net

the

lor
or

as

sliding scale of payment based
parked by the company.

171,

due

Subs.)—Earnings—

$6,357,299
5,456,762

„

expenses,

have

the

ris

parking

many
Park-O-Mat car positioners as
the company may, from time to time,
require for its operations, these
positioners to be conveyed under the terms of a license agreement,

—V.

of

111.—V.

deductions

Income

,

There

560.

p.

Other

Year

has

Inc.,

1947

$496,734

Year Ended Nov. 30—

itself.

company

Services,
pany,

which

of

than

The

facilities

Company will
also
offer
a
management service
parking buildings, or lots, owned by persons

operation

1948

$654,422

Costs,

being

W.,

and

1949

$805,365

Pneumatic Scale Corp. Ltd. (&

1950.

the automotive

by

ry.

of the six-month selling agreement entered
underwriter and the company, said agreement

COMPANY—Incorporated
N.

Net

period

PROCEEDS—To be used

tains

units,

to

Monday, March 6,
St. Joseph Light & Power Co.—Partial

1950

$572,737
119,058

-

Sales

commitment

CHRONICLE

agreeing

within

into

has

or

underwriter

units

in

from

tho

from

.

The

FINANCIAL

railway____
railway

from

Net

underwriter

members

are

NASD.

&

Pittsburgh & West Virginia Ry.—Earnings—
January—
Gross

share of class B stock at
$5 per unit.

one

the

COMMERCIAL

City

stock,

of

$4

New

par

York

has

value.—V.

been

171,

p.

ap¬

852.

Corp.—Secondary Distribution—The First

Corp., Coffin

&

Burr, Inc., and Paine, Webber,
a secondary distribu¬
tion of 30,740 shares of common stock
(no par) at $22 per
share, with dealers' discount of 40 cents per share, after
the close of the New York Stock
Exchange. Oversub¬
Jackson & Curtis

on

Feb. 28 made

scribed.—V. 171, p. 594.

additional

(Continued

on

page 42)

Volume

171

Number 4887

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(953)

Stock Record «» New York Stock

Exchange

DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADINB

YEARLY RANK OF SALE PRICES

FOR EVERY USTED ISSUE

'

Range for Previous

STOCKS

Year 1949

Lowest

t per share

$ per

LOW

STOCK

YORK

AND

HIGH

Saturday

Monday
Feb. H

SALE

Tuesday

Feb. 25

PRICES

Feb. 28

EXCHANGE

S per share

share

49% Jan

13

l7/a

Jun

Dec

2% Feb

1

17%

Oct

21% May

19 Va Jan

3

Xl7'/e

Jun

23

Dec

21

Feb

14

Jan

44%

Sep

40% Feb

28

Jun

35

NEW

Highest

Wednesday
Mar. 1

Thursday

51

Dec

3%

54% Jan
Va Jan

Abbott Laboratories

21

3% Mar
21

Par

ACF-Brill

3

t per share

5

*50%

$ per share

51

51

51%

$ per share

50%

$ per share

51%

CO

23% Jan

11

Adams Express Co

42% Feb

14

Adams-Millis

50

507k

*2%

2%

27b

27«

2%

20%

20%

20%

20%

20 %

20%

20%

20%

20 Va

20%

20%

20%

2.400

21%

22

21 %

21%

21%

21%

21%

217/k

21%

217 k

22

22

3,100

42

*40%

40%

40%

41%,

1

Corp

*40

No par

3

2%

3

42

51

50 %

*41

50%

3

3

41 Va

*40%

Dec

43

Jan

13

50

Feb

24

Addressograph-Multigraph

50

50

49%

50

50

50

49%

50

•49%

19%

Dec

17% Jan

3

26

Feb

24

Admiral

25%

25%

25%

25%

24%

25%

25 V8

25%

Jun

11%

Dec

9% Jan

May

51 Va

Dec

26

11% Feb

9

Jan

5

53 Va Feb

27

22% Feb

14

25% Jan

9

51

18%

Jan

97lk

Mar

110%

Dec

2%

Jun

4%

Nov

3

Jan

24

13 y8

Feb

18%

Dec

16% Feb

15

73

Sep

67% Jan

4

71% Feb

Dec

3% Feb

14

4% Jan

77% Mar

3

85% Feb

2

Dec

80

Feb

25

83 % Jan

4

Jan

21 Va Jan

3

Feb

Feb

64%

Jan

82 Va
86 Va

17 Va

Jun

88

Sep

83

July

93%

Feb

6

Jun

8%

Jan

8% Jan

200% Jan

13

Jan

3

27Va
104

Jun

210

Dec

15%

Jun

19

Dec

247/a

Jun

30%

Oct

25 %

Feb

35%

89% Mar

Dec

83%

Jan

25%

Feb
Jun

88

Jan

37%

Jun

89 %

23

Alabama

3

Alaska

Juneau Gold Mining

10

Aldens

Inc

Mar
Mar

3

3%

5

17

17%

100

*70

common
1
preferred A
100
$2.50 prior conv preferred-No par

80

4%%

Ry

common

preferred w w

Allegheny Ludlum Steel Corp.No
$4.50 conv preferred

9% Feb 23

Allen

3

Allied

Stores

35 Va

35%

35%

*93%

94%

95 Va Jan

3

24 '

18

Allls-Chalmers Mfg common.No par
3%% conv preferred
100

11,

Alpha Portland Cement

11.

Amalgamated Leather Co com——1

35 % Feb

38% Jan

20

3% Feb

28

Jan

26

40

4% Jan
40

Jan

100% Mar

2

4%

26

113% Feb

6%

50

2

44% Jan

10

Amer

9% Jan

3

11% Feb

18

American Airlines common

51

Jan

70

Dec

x69

Feb

10

75 V* Jan

6

3%%

20

Jun

27

Dec

x20

Mar

2

26%. Jan

7

American

61% July
x7% Jun

69

Oct

x63

Mar

2

67

12

Dec

13

15

35

Jun
Jan

106 %

172% Mar

8

104% Jan

20

7% Jan

13

9% Feb

20

Dec

4 Va

101% Feb

Jan

3% Jan

3

5% Jan

14

3

Jan

Dec

105% Jan

119

Sep

183% Jan

190

Jan

18

Jun

33%

Jan

25% Jan

30% Feb

15

60

Jun

82

Jan

70% Jan

79

Feb

18

Dec

24% Mar

19% July

25%

39%

Feb

47%

Sep

44% Jan

15%

Feb

19 Va

Dec

18 Va Jan

24

14

Jun

7%

Feb

15
23

American

12

Jan

5

18% Jan

9

82

Jan

3

86% Jan

23

51%

Dec

49

Jan

13

57% Feb

27

American

115% Jan

16

133% Feb

27

V.3%%

32% Jan

36% May

Jun

13

35% Jan

27

Lowest

Highest

47/a

Feb

6%

Oct

6% Jan

6

7% Jan

30

Feb

197k

Dec

18% Jan

28

19% Jan

12

13%

Jan

21%

Nov

20% Jan

1 Va

Jun

3%

Dec

2% Jan

Jan

69%

Dec

Jan

19 Va

Dec

16

Jan

19% Jan

10

Jun

61 Va

Dec

54

Jan

64% Jan

11

44

6%
37

24% Feb

4

3% Jan

3

11

74% Jan

64% Jan

10

457k

Oct

51%

Dec

49% Jan

54% Feb

3

34

Jun

43%

Oct

39% Feb

42% Jan

18

3%

5% Oct

Jun

46

24%

Jan

5 Va

Jan

73

47% Jan

32%

57k Jan
48

31% Jan

Dec

Jan

34

7% Feb

97/a Sep
100
Aug

Jan

8% Jan

14

Jan

13

15% Jan

9

217k Feb

6

22% Jan

12

Dec

91

Jan

Jan

15

Jan

27

18% Feb

15

Jan

84

Jan

4

91% Feb

27

14 Va Jan

12

17

Feb

20

Jan

4

84

Feb

8

Jun
Jun
Jun

15 Vb

76

Jan

84

Sep

78

102

57k Jan

7% Mar

7% Mar

3

4%

Jun

22 Va

Jun

33%

Dec

32% Feb

6

34% Jan

96%

Jan

105%

Nov
Oct

104% Jan

3

106 % Mar

6% Jan

5

Dec

29% Jan

13

7

Jan
Nov

33 Va

147/b

Jun

5

169

Mar

3674 Jan

16

217k Mar

13

147k Jan

Feb

10

Sep

Dec

8%

6% Mar

25

176
.

Nov

3

7

13% Jan

Jan

178

11

77k Jan

19% Feb
10

2

32 Vs Jan

«

34% Jan

36 Va Aug

Feb

20

Dec

187k

12%
11 Va

32

11

Mar

73

28%

20

86

15% Dec

Feb

157/8 Mar

5%

12
30

22 %

Feb

11%

47k Jan

Nov

48

Jun

28
2

10

1767k Jan

30

7% Jan

25

9% Jan

11

44% Jan

26

487k Mar

23%

Jan

49

37

Jun

43%

Dec

3974 Feb

10

43% Jan

3

39

Va Jun

56%

Jan

53% Jan

13

577k Jan

9

142

Feb

Jan

27

34%

164

Dec

Dec

42%

Jan

158
40

141

Mar

Jan

145

Jan

13

277k Feb

18

Jan

150

Sep

Feb

2

28

Jan

24% Jan

3

21%

Jan

31%

Dec

2974 Jan

13

10% Jan

5

Dec

38% Jan

25

120

Jun

128%

Nov

128% Jan

5

16

July

20 Va

Nov

197k Jan

13

Jun

150%

Jan

146% Jan

3

Jan

76%

Dec

7174 Feb

17

7%

12 Va

Jun

138
60 Va

Jan

45

Feb

12% Jan

47% Mar
133

Dec

151

Feb

6

155

Dec

16

75

xll7% Apr

67% Feb
1177a Jan

25

3

10% Feb

6

32% Jan

28

5

94% Feb

10

Jun

80

4%

Jun

Jan

7 Va

Dec

85
69

Jan

Feb

5% Feb

48 Va

Jun

65

Dec

62

25 Va

Jun

35%

Jan

287k Jan

35%

Jun

8% July
2% Aug
26% May
For

Dec
Dec

108

55% Jan

Jun

15%

Jan

40%

Jun
Jan

99 % Mar

48%

12074 Mar

28

59%

■

28 Vs

Dec

11 Va Nov

4%

Jan

42% Nov

footnotes

see

page




94

•93%

94%

94 Va

94 %

20J

33%

34

33%

33%

33%

337k

5,500

88

88

88

87%

87%

87%

87 Va

600

*35%

36%

*35%

36%

*35%

36 VA

35%

35%

35%

36

*3%
*38%-

-

104%

3%

3%

45

*38

104%

3%
45

17

14

74

Feb

2

77k Jan 10

Jan

30

65

Jan

12

3

31

Jan

9

28

Vs Jan

13

317k Jan

12

37

Jan

27

43% Feb

24

106% Jan

20

109 Va Jan

U

Jan

12

547k Mar

1

19% Feb

11

2374 Jan

7

x51

9 Va Jan

4

Feb

15

34% Jan

13

3

20.

107k Jan
4Ta Max

x44% Feb

12

3%

3%
45

*38

104%

104%

104 Va

44%

44%

44 Va

44 Va

44

44%

44

11%

11%

11%

U-,a

111*

11%

li Va

xi

*

72%

104

102%

'

72 Va

20%

20%

20%

20%

20%

20%

66%

63 Va

65%

*63%

64 Va

64 %

64 Va

xG3

113 %*

13%

13%

13%

12%

13

12%

12%

33%

34

20%

5,900

63%

*62 7/«

63 Va

220

12%

12%

6,900
2,600

13

20

3374

33 Vk

33%

337k

33 Va

337k

102%

*10174

102 Va

102 Va

102 Va

1027k

102%

874

974

8%

87k

87k

9

87k

9

7,900

*4 7k"

474

4Vk

47k

412

47 k

47k

47k

4%

4%

47 k

4%

4,b00

•

1127k

11274

112

1127k

110 %

1117k

188 Va

*188

188%

188 V*

188

188

2874

28%

28 V2

277k

28

76%

7674

7674

33

7674

110 V2

111

11074

188

t

188

111%

187%

188

29

23 7a

7574

76 Vb

400

112

188

2874

77 %

*76

111 Va

*18772

28%

27%

*75%

2,800
300

28%

4,300

76

1,700

*25

25 VB

25 VB

25%

2574

24 Va

2474

247k

2474

24%

2474

2,300

*47%

487k

487k

487k

49

497k

*48 Va

49%

4874

49%

47%

48%

*22 7a

2,000

2274

x22%

2274

22

22 74

22 7k

22 74

22 Va

2274

*22%

22 7%

600

1874

1874

*18%

lo
100

lo

*86

18 74

257 k

1874

187k

187k

877k

5574
129 %

*3372

*86

877k

567k

56

577k

557k

13374

130%

131%

18 Va

13174

347k

34

34

877k

33%

AND

•

HIGH

Monday

Tuesday

Feb. 25

Feb. 27

187k

18'4

86

86

567k

5674

56 TV

1297a

1317k

131%

*86

34

Saturday

187k
87 Va

557k

55%

130

*86

SALE

Feb. 28

t per share

t per share

34

34

t per

share

40c
& Foreign Power com__No
par

23%

24

x23

23%

23

23 Vb

3%

3%

3 VB

No par

68

23%

•68

177k

68

1774

17%

3%
68

3 7k

677a

67

'

3Vb
66%

7

3%

667k

4,000

177 k

5,200

587k

1,400

547k

5474

547b

10,700

40 Va

41

41

54%

547k

407k

40 y8

57b

5

46%

*46

32%

327k

33

*7%

8%

77k

32 7k

77k

*7%
*86

88

5

5

49%
32%

*46

327k
77k

8

89

*86

15%

15 74

15%

*15 Va

22

22

22

22

5

49%

327k
8

157 k

1,800

22 %

5,000

20,700

15%

157k

157k

15

157k

91%

91

91

90

90

1674

16%

167 k

167k

167k

-—100

*83%

American Natural Gas Co
American News Co

No par

No par

674

*6%
307b

35%

674
34

6%
33

106

105 7k

7

*67k

7

*67b

3074

307 k

3074

30%

36%

36%

36%

6%

217k
14%

*175

177

77k

46%

47

4174

*40

American Ship Building Co___No
par
Amer Smelt &
Refg com
No
par

7%

preferred
American Snuff Co common
6% non-cum preferred

100

*40

*54%
*163

25

*40%
*140%

No par

26

American

No par

*33

Co

American Stove Co

No par

American Sugar Refining com7% preferred
American Sumatra Tobacco

*11

*40 7k

4174
143

142

♦175

600

190

67k

*8 7k

674

IOO

30 Vb

307k

30%

307k

8,200

36 74

36 V2

367k

*36%

367k

600

217k

21

217a

207s

217k

55,000

147k

14%

14%

14%

147 k

29,500

*176 7k

1787k

177

4174
54%
164

77k

77k

77k

77k

77k

77k

47%

47 Va

47 %

47%

48

48%

43%

41%

40

40

407k

407 k

120

54

54

54%

54

5474

4,200

163

163

163%

*40

4174

53 7k
163

4174
142

53%

X4074

537k
163

164

*1407k

*40

4074

*41

*1407k

143

41%
143

2574

25

25 V2

25 Va

257k

25%

257b

33%

33 V2

337k

33 V2

33 7k

337k

337k

227a
150

1174

1174

11

11

43%

437k

4374

437k

4374

133

*132%

22%

227a

150 7k

150

134

*1317k

*10%

11

*1074

437k

44

44%

132V2

134

22%

x217k

217k

150 74

1507b

150%

21%
150

132 Va

73 V2

1547k

7074

71V2

119%

1197k

11974

119%

10

10

22%

23

*88 74

*6974

71

*69%

72

1

6%

25

*62%

50
No par

Anchor Hock Glass
Corp com—12.50
No par

Anderson, Clayton 8c Co
Anderson-Prichard OH Corp__,
Andes Copper
Mining

3074

120 V2

74%

15474
72

12074

737k

74

4,500

155

530

71%

72

*120%

121

3,300
270

155

974

10

974

97k

974

6,700

227k

24

23%

24%

23%

24 V«

33,300

89

*8874

90

87%

88%

88

88%

6914

*67

71

69

6 7k

63%

74

*5
63

30 7k

305a

71

227k

63 74

64

120

74

154%

89

5%

674

10

6%
63

57k
*63

6

*67

5%

9%

72

*68

6

6

6374

*63 %

6374

6374

72

330
100

6 74

2,600

647k

310

307k

14,000

307k

29%

30%

29%

30%

30 VB

307k

297 k

297k

29%

297k

28%

28 7a

28%

29

287k

287k

29%

2974

530

Va

43 74

42 Vk

43

4174

42

42 7k

42 Vb

427k

42 Vk

42%

4274

2,100

108

108 7k

*42

*107

,

1

*53%

54%

lo

21%

2174

*9%

IIIII_5

*3%

No Par

*3974

108

1087k

21%
20

74

74

21%

9%

90

300

2,200

154 V2

10

133

45,300

70%

89%

133

21%

7374

23%

133

1507k

154%

10

700

7,100

217k

69%

23

1074

4774

1507k

73 74

*8874

10%
457k

217k

15474

120

1,700

11

457k

1507k

7074

119%

50

4,100

21%

154%

*11974

560

1,100

1507k

70%

74

1,500

2174

737k

71

*129 7k

5,800

15074

154%

71

No par

prior preference

4174
143

33 7k

100

Amer Zinc Lead & Smelt com
$5 prior conv preferred-

1407k

25

73%

5

4074
*

3474

154%

par

preferred

4174
143

165

26

73%

American Water Works Co Inc
American Woolen common
No

16374

33%

154%

100

40

*140%

77k

257k

25

14

177

7 7k

100

preferred

*175

77k

477k

47

11%

43%
*131%

5

537k
163

177

*175

774

7 Va

85

26

loo
100

54%

177

14%

*84

33%

100

common

77k

164

100

American Steel Foundries

Anaconda Copper Mining
Anaconda Wire & Cable

*175

7%
46%

21%

6,400

85

3,800

36 %

1474

1,000

16%

7%

36

21%

15%

907k

167k

32%

36

147k

15%
907k

16 '/2

106%

30V2

217 k

15%
91

10674

307k

14 7k

40

*32%

30%

21%

86

33

67k

14%

86

107

67 k

21%

5

67k

33

*6%

7

147k

loo

*8372

•105%

207a

No par

674

16 7k

1057k

No par

7% preferred
American Safety Razor
American Seating Co

85

1574

*89%

105 V2

1057k

new.No par

com

67k
33

33

1057k

500

15%

167 k

*

8

227k

15%

674

8,500

*774

22 %

91

33%

327k

8

1574

16%

106

327k

*7Tk

2,800

87

157k

674

100

327k

327k

5%

227b

9074

*33

497k

5

15 VB

167a

*83 V2

*46 7k

87

15%

85

5 7k

497k

15%

90%

*83%

500

5

♦46

90

l

85

6774

22%

100

*105 Va

67%

6774

46%

No par

4,100

177k

5%

-

3%

58 Va

497k
32%

American Metal Co Ltd com_No
par
4%% preferred
100
American Molasses Co
.1

3 7k

3 7k

1,100

177k

5374

*83%

*4,000

5874

*40 7k

85

100

23%

23

23

17%

54

87

774
197 a

567k

40

217k

Share•

774
*19 7k

177k

53 Va

*1574

S per share

77k
1972

58

No par

preferred
Amer Machine & Metals

66 V2

Sales for
the Week

17%

40

217 k

Friday
Mar. S

58

537a

15%

2,000

177k

407k

90

34

58

x40%

2174

34

130

5,300

1774

42

15%

131%

58

1

3.90%

37k

53

*88

1317k

23,500

17%

No par

com__

23

53

5

600
-

5974

5%

preferred

7

527b
*41

34

$ per share

*19%

*58

*46 Va

American Locomotive common

7

60

1

6% non-cum preferred
100
American International Corp_No
par
American Investment Co of 111
i

37 k

x

56%

Mar. 2

*597s

_50

com

6%

convertible preferred
American Home Products
American Ice Co common

774

1874
85

x557k

Thursday

Mar. I

t per share
7

34

133

85

PRICES

Wednesday

19%

A P W Products Co Inc

1,200

20'/A

3374,

19%

Archer-Daniels-Midland

73

*101%

197b

9

*71 Va
*

9%

*19%

3

51,400

337k

LOW

$4 preferred

1,000

11%

102 Va

7%

conv

3,500

44%

9 7k

19%

Tobacco

103 Va

Vh

33%

7%

Stores

i L

*101%

20

com

44

974

*19 7k

San'y

2,300

102 %

7%

Light

101

■U VA

500

3%
45

9%'

*10174

19%
23%

Amer Rad & St

12%

102%
44 Va

x20

*65%

*6 7k

Amer Pwr &

100%

72

-

*3%
*38

72%

104

73 VA

STOCK

Fdry

3%
45

45

*19%

&

3%

*38

11%

*44%
-

767k

com__

American Hide & Leather

$4

36

36

3%
45

.

lo

$7 preferred

7%

3%
*38

73

$7 2nd preferred A
No par
$6 preferred
No par
American Gas A Electric Co
10
American Hawaiian SS Co
10

6%

7% Jan

91% Mar

94

34%

73%

American Viscose
Corp common
5% preferred

217k Feb

38%

Sep

22%

Mar

Feb

Jun

79

94%

34 Va

1

Amer Mach

300

*93%

73 Va

preferred series A_100

YORK

19%

*87%

767b

American Tel & Tel Co

Jan

5,500

No par

American

8 Va Mar

Jan

21%

25%

3

76% Jan

Aug

6%

17

Mar

150% Mar

74

153%

.

22% Feb

121

Jan

5

34% Feb 27

49% May

135

18

42

Jun

31%

Jan

2

19 Va

130

166

3

35%

No par

American Encaustic Tiling
American European Secur
American Export Lines Inc

7%

35%

20%

Par

Amer

35%

87%

EXCHANGE

15%

35%

34%

*28%

t per share

t per share

$ per share

fper share

NEW

1,400

35%

1

Distilling Co

Highest

28%

35 Va

87%

STOCKS

Range Since Jan. 1

Year 1949

23%

35 Va

35

19%
28 Va

No par

Cyanamid Co

Range for Previous
Lowest

207

19%
28%

34

■

American Crystal Sugar com
4%% prior preferred-

American

205 %

1,200
3,000

l

Colortype Co

conv

207%

20

87k

28 VA

73

25

American Chain & Cable
American Chicle Co

Feb

*8%

94'/a

100

50

200

90

90

20

73

100

23

6,700

38

No par

com

200

25%

34%

100

common

Pdry

80

100%

33%

No par

com

preferred

18

Dec

Co

preferred

Oct

120

Jan

25%

7%

American Car &

Mar

19%

Shoe

American Can Co
1

87

71% July
35 Vii Feb
99

26% Jan

Brake

convertible preferred—

American Broadcasting Co Inc
American Cable & Radio Corp

Jan 28

187%

21%

Amer

1,200

28%

20%

2

.

16,900

A

*93%

100

preferred

33

28 VA

*27%

10

preferred

110

70%
78

25%

87k

50

conv

Bank Note common

American Boscb Corp

12

32% Jan

Jan

2%

6%

13% Feb 24

Jan

35

10%

81

10% Jan

Feb

cum

i

2,300

*87

Petroleum Corp.
No par
Agricultural Chemical—No par

40% Feb

40

6,100

17 Va

100%

89%

206

7,200

125

♦

Amerada

3

Sep

89 Va

110

22 7k

*-

No par

convertible preferred—

10% July

104

106

*19%

36 Va Feb

45

Jun

204%

20

13

Jan

July

208

28

25 Va

101

8%

89%

20

20

90% Jan

*88%

205

207

35

91

25
101

9

27%

34 % Feb

*79 Va

8%

*19%

17

80 Va

25%
101

9

206%

16

•79%

80%

9

23 VA

207

81 VA

9

20 Va

Jan

5%

9

*27%

13

80 Va

24%

*19%

Feb

3%
77%

*100%

207

86% Feb

3%

78%

25 Va

5

31% Jan

3%

78%

101 Va

9%

70%

3%

24%
*38%

70%

53

3 VH

79%

*99%

91

3

17%

3%

25%

*88 Va

3%
17 Va

•70

►120%

79%

80

*80%

3

•17

70%

*70

3%

125

3%

100%

No par

93

70

3%

•120%

17 Va

3

17%

17 Va

80

121

*80%

9

Corp common—No par
preferred
:
100

121

*99%

No par

.

22%

x24%

Mills

32% Jan

11%

*52%

22%

25 Va
92

16,300

11%
53%

22%

81%

*88

11%

11%
53 Va

100%

81%

2,500

24,400

11%

o

V3.

«

25%

227k

122

70

3%
80%

49 7

25 Va

53 Va

3

71

3%

49%

11

22%

100

41%

50

*53

227s

17%

*79%

*40%

9,100

25%

11%

3

17%

Allied

23

*120%

3

*70

3%

122%

Allied Chemical & Dye
Allied Kid Co
s

21

6%

96 %

71

9 ^1

'—1

34%

30% Mar

3

17%

80

*80

gtd—100

Industries Inc

*119 %

25 Va

4,500

3%

53%

*100%

par

No par

Allegheny & West Ry 6%

122

3%

5%%

3

211 Va Jan

*119

Vicksburg

Allegheny Corp

2

90

100
10

&

11 VA
*53

22%

2

Jan

120% Oct

Feb

53%

22%

11

4% Nov
43

Apr

11%

52%

22%

Feb

Dec

2%
37

11 %

52%

22%

29% Jan

19

Oct

26%

1

101

2

11%

*52%

X27% Feb 24

97% Nov
33"% Dec

76

Feb

25% Feb 24

Jan>5

94

Mar

Air Reduction Inc

3% Jan
18% Jan

3

165

t

121

5

11

-50
No par

$3 preferred w w

11

Dec

Apr

2%

110% Jan

Corp__lo
1
Equipment com
1

Corp new common..,

Affiliated Gas

9

4

64

23% May

Shares

2.50

Co

Acme Steel Co

47

Nov

40%

for

the Week

Sper share

10

Motors

11

14 Va

55/a

Mar. $

S ver share

27% Mar

46

Sales

Friday

Mar. 2

•

tper share
37

Range Since Jan. 1
Lowest

Highest

107 k

37k
40

*53 7k

2174

*9%

74

108 7k

109

109

•109

110

30

*109

110

70

54 7k

547a

54%

547k

547k

547k

547k

♦547k

55

500

22

21%

22 7k

22

2274

21%

227k

2174

22

7,500

10%

*974

37 B

374

3%

3974

3974

3974

107 k
4

3974

*974
47s
39

107k

*974

47k

4%

3974

39%

10 Va

47k
40

10%

4%
40

107k

47a
40

900

5,100

1,200

9

10

(954)

THE

COMMERCIAL

NEW
Ranee for Previous

$ per

Range Since Jan. 1

Highest
$ per sliai

share

Lowest
$ per

J

NEW

'Highest

share

Jun

29%

Dec

26% Jan

Jun

95

Feb

89

5

Jun

8%

Dec

Jun

77%

Jan

69

Jan

13

77

Jan

38% Jun

51%

Dec

48

Jan

27

52

Jan

11

94

Jun

105 V*

101%

Jun

114

13% Mar

7% July
11% Feb

7% Jan

100 % Jan

27

15%

Apr

109

87

Apr

101%

Sep

Feb

102

4

15% Jan
105

Jan

100

Jan

Feb

50%

Nov

47% Jan

105 %

Jan

100% Jan

Nov

103% Jan

Corp common

Armstrong Cork Co

com

Artloom

9

Feb

59% Mar
104% Jan

5%

12

non-cum

Jan

12% Jan

14% Feb

6

A

47

Jan

41

Jan

13

46% Mar

3

Dec

68

Jan

28

70% Jan

5

Atl

77•

Feb

94

Mar

87

Jan

13

30 %

Jun

42%

Dec

Jun

112%

Dec

93%

102

Jun

Dec

99% Jan

89% Jan

20

40% Feb
115

5

Jan

24% Aug

22% Jan

19

25% Feb

58

52 % Jan

16

55% Feb

3

Feb

Sep

20%

Jan

Feb

7%

Sep

4%
13 y8

110

Feb

Dec.

15%

105

Feb

2

18

Jan

25 '

6% Jan

Dec

•4%

Jun

10%

Nov

47/a

Jun

7%

Jan

34%

Jun

44%

15

Jan

Jan

24
25

Jan

6% Jan
12%-Jan

3

37% Jab

5

4

8

ev8

*'75'%
50

28

7% Jan

Lin§s

»

Conv

50

*75V4

75

49%

50

*101

101%

*101

101 %

101

101

112

112%

*111%

112%

*112

112

101%

112

112

102

16

10

10%

10 V8

10%

15%

15%

15%

15%

106%

106 Va

*105%

106%

101

102

16

*15%

IOIV4

100%

101

10'/a

10

15%

Va

105%

*100%

50

-

50

*15%
10%

10 Va

15%
103

IOIV2

49%

13

*15%

15%
105

76

15%

30

300

15%

104

10%

1,800

15%

15%

105

3,400

Va

9,500

104

680

58

*57 %

101 Va

58

57%

101%

*101%

102%

57%

460

58

58%

105

105

53%

104V4

105»4

59%

104 Va

59%

59%

105%

104

2,300

105%

104 %

IO414

IO414

106%

106 %

104 Va

0,600

14 Va

*13%

105 Va
104 Va

1'04%
14

*45 %

.

1
'100

*87

A__100

10

Autocar Co

12

46% Feb

16

14

44%

45%

69

69
88

39

115

101 %

IOIV4

101%

25%

25%

24%

25%

55%

55

55

"

105%

*105

*105.

V '*23%

23%

7%

7%

*15%

15Via

1

■

4—5c

*6%

1.

6%

*13%

Mfg Corp (The) common—_3
$2.25 conv preferred
!
No par

101%

101%

25

24%

24%

54%
105%
23 %

7%
15%

7%

6%

6%

6 %

13%

13%

7%

44

44

6%

44

4,500

101%

101%

101%

480

24%

24%

25%

3,800

54%

55

54-%

108 %

22 V4

22%

8 %

8%

*15 Va

6%

*13%

7

54%

780
70

22

900

Va

16

6%

8%

9,100

16

400

6%

6%

1,200

13%

14'

6%

42%

21%
8

360

108

ma

16

6%

13%

6%

300

39V4
113

8%

42%

500

89%

38%
113

6%

7 Va

69

*87 Va

107%

16

43 %

42

6,200

113%

13%

13%'

6%

"

44

54

7%

2,400

24%

23

16

700

14 Va

46%

101%

105%

*20

16

71/4

7%

54

105%

8%

16

13%

'*

14

7%

101%

*24%

23 %

7%

:

101%

*113

104%

Va

69

89

39%

113%

*105%

70

89

38%

113

231/4

15%

-

14

46

39

114

54 V4

*104%

14 '/a
46

88%

38%

105

104 Va

13%
45 Va
*69

69 %

*87

105%

23 V4

-•

li4

104 %

69'A

88

38%

**54%

,

69

88

39%

38%
112'A

Avco

4

14

45%

101 %

Automatic Canteen Co of Amer-J—5

16

13%

112%

;

No par

7% Feb

104 %

13%
44%

112%

5

«.$1.20 V

*87

104%

14

69

88
39 Va

58

45%

45

69

'38-%

25

series

45%

69

common

common——No par

prior pref

*15 *4

*75 %

100

common

preferred

101/4

15%

700

75
49

1011/4

10%

250

11,700

75 %

76%

16

107

38,600

8%

49 Va

112

10%

8%
75%

75

IOIV4

15%

8%

49 Va

*15%

107

8%

97

50

*100%

16

8%

Shares

33 %

76

50

•

xlllVt

14% Jan
•-

76%

(3/,

9

101%

preferred

Refining

conv

9

112%

4% convertible preferred
TOO
Atlas Tack Corp—
No par
Austin Nichols commQn—A-No par

3

Feb

I SS

Atlas Corp
Atlas Powder

16

16

i

3

5% Jan

Jan

Feb

8% Mar

■

12

17% Mar

'

110
25

.

9%

Preferred $3.75 series B_—_—100

7

Jun

15

9

96%

10

W

non-cum

4%

2

42
100

32%

96

*15%

Inc

F

G &

Atlantic

27

101% Mar

T

5%

3

Feb

'20

Jan

32%

96

9%

Sales tor

the Week

10

Atlantic Coast Line RR—:

73

,

32

96%

--No par

Dec

1

32%

96

—100

Feb

36% Jan 24

31%

95%

preferred-

Jun

108% Feb

31%

95%

*101 %

com

10 %

106

30%

95%

,>112%

Co

& Santa Fe

32 %

3

311/4

94%

100

53

15

31

—100

Investment

Atch Topeka

Mar. 3
$ per share

5

preferred

Associates

2

20

Friday

Mar. 2
$ per share

95

Carpet Co Inc___:—No par
Dry Goods common
1

2nd

Thursday

$ per share

31

5

1st preferred

7%

7

110% Jan

27

6%

$ per share.

30%

Associated

30

$ per share

Mar. 1

95

Arnold Constable Corp

9

PRICES

Wednesday

No par

preferred

SALE

Feb. 28

No par

convertible

9

Jan

HIGH

Tuesday

Feb.27

100

No par
No par

S3.75 preferred
S4

AND

Monday

$ per share

lo

$6 conv prior preferred

9

104

16

105%

RECORD

Feb. 25

convertible preferred
Armour & Co of Illinois com

17

110

13

Jun

Steel

Monday, March 6, 1950

Saturday

4% %

Jan

17% Jan

4

80

Jun

CHRONICLE

LOW

STOCK

12% Jan

6

Dec

30%
97 V2

Feb

19

3

Dec

Armco

30

113% Jan

10

9% Jan

Jan

1

9% Jan

9

xlll% Feb
15

3

99% Feb

13

Oct

Dec

95

33 % Mar

3

Dec

16%
13%

STOCK

Par

31

13

Jan

YORK

Sper share

77

%

YORK

EXCHANGE

19 %

49

FINANCIAL

STOCKS

Year 1949

Lowest

&

13%

1,700

7

6%

41%

7

65,200

41%

41%

42

1,100

B
xl3

Jun

8%

Jun

14%

Jun

14%

.

15

Nov

14% Jan

5

12%

Jun

7%

4

Jan

10% Jan

11%

Jan

91/2 Jan

22%

Jan

18% Feb

15% Jan

25

3

13% Feb

16

3

11% Jan

11

14 '

Jun

25

Jan

60%

Jun

72

July

66

Feb

4

38

Jun

53

Dec

43

Feb

15

15

Sep

21%

Jan

16% Jan

3

Jun

41

Mar

36% Jan

16 '

36

39% Mar
97/a

Jun

26%

Nov

87 y8

Feb

12%

Nov

16 y4

72

Jan

5

48% Jan

4

20% Feb
39

46V4 Feb

25

57% Feb

3

14% Jan

3

2OV4 Feb

28

11% Mar

1

13% Jan

9

Dec

29% Jan

3

Dec

98

Feb

9

Jan

17% Jan

3

21% Jan

26

21%

Dec

20% Jan

6

23% Jan

30

86%

Nov

74

Jan

3

85i/2 Feb

2

33%

20%

6%

Jun

10 Va

27 y4

Jun

32%

30 Va

Jun

11 Va

Jun

10%

Feb

Barber

Oil

2

Mar

2

5%

Corp

Brothers

15

14%

15

14%

15

15

121,4

12%

15%

14%

15

12%

12%

12Va

12%

11 %

12 Va

11

IDA

12%

11

12%

11 %

12%

11 Va

11%

11

8,500

21

21

21

11%

11%

11%

34,600

22'A

13,800

100

common—'

preferred

Barnsdall Oil

:

Bayuk Cigars

Inc

Beatrice Foods Co

1

9% Jan

9

Beech Aircraft

6

Beech Creek RR

5

Feb

13% Jan

Eeech-Nut Packing Co

3

151/4 Jan

24

12% Feb

Belding-Heminway

1

14% Feb

28

Eell Aircraft Corp
Bell & Howell Co

Feb

15

Feb

Feb

10

87

Jan

3

341/2 Jan

13

42% Feb

16

Apr

11

Jan

9Va Jan

4

11% Feb

16

Bendix Home

17

Jan

1%

Feb

NOV

85

Dec

Dec

23%

27%

109%

25

May

23%

Jun

129%

Jun

22 V,

Jun

9

Oct

Dec

25Va Jan

Oct

12

1%» Jan
26V4 Jan

26% Feb

12

86

2% July
27%

6

Jan

106%. Jan

90

30 V2 Jan

13

139% Jan

21

144

Jan

13

28

9% Jan

3

31% Mar
11% Mar

33

26

Jan

13

36 Va Jan

5

34% Feb

1

Mar

2

Jan

9

13% Mar

3

S per share

79c

S per share

Jan

26% Jan

4

29% Feb

3

15 Va

Nov

14% Jan

13

15% Jan

12

YORK

14% Jan

5

32

32%

32%

32%

14%

14%

14%

14%

14

14%

Bohn

21

18% Feb

18

19% July

14

38% Mar

51

Dec

48Va Jan

42%

Apr
91% May
1% Mar

59%

Dec

55

98%

Dec

97% Jan

2%. Jan

1% Jan

26

38

Jan

Jan

6%

Jun

21%

Jun

32

20 Va

Jun

29% Nov

25%

Oct

*98

Jan

-18%

Jan

9

Jan

'29% Mar
95

Jan

15%

Jun

13%

Jun

120

Feb

7%

Jun

-61% July
'26 % Jun

9%

Mar

60

16% Jan

9

51% Feb

20

601/4 Jan

5

3

100

30*

Jan

9

2% Jan

11

38V4 Jan

9

9% Feb

18

32% Mai

24
21

3

Apr

8

^Jan

28

Jan

13

32

27.% Feb

14

29% Jan

3

9% Jan

25% Feb

17

29% Jan

6

102% Feb

23

105% Jan

18

Dec

36

Jan

13

12%

Dec

11% Jan

Dec

36% Mar

39% Jan

2

24

Dec

19%

Dec

125

Sep

13'A

Dec

76

Oct

35%

Dec

100

30

13% Feb

13:

40

102% Dec

-9

40

>

Jan

3

Feb

16

103% Jan

24

22% Jan

13

25% Feb

11

18% Jan
3
123% Jan 26

20% Jan
*124

Feb

12% Jan

3

74V2 Jan

3

14% Mar
76% Jan

4

39% Jan
20

341/2 Jan

Bon

Aluminum

Ami Co

Class B

27
2

Bucyrus Erie Co

27

27%

*27

27%

34%

33%

34

2,900

33%

34%

uH

34 Va

34%

34'/a

50.600

143%

143%

144 %

*142Va

*143

26%

26%

143%

26

26%

26%

26%

26 %

26%

26

121%

12 1/8

26%

12'4

2,000

12%

12%

12%

13

13 Va

13%

13%

13%

10,600

X97%

Jun

«y8

3

122

Dec

120

11% Dec

17

Jun

98 V*

Jun

20 Va

Jun

3%Pie
3%%

Feb

Jan

12

4% Mar

Jan

3% Jan
21

3

1

13

4% Feb

24

Jan

25

24% Jan

5

Dec

102% Feb

10

105% Jan

24

Jan

22% Feb

3

Jan

14

24%
105

Jan

26 Va

30

Feb

36 Va

Dec

34 Va Feb

52

May

58

Apr

53

1

Jun

2

Oct

Jan

5
5

24

3% Jun
16% Jun
9%
98

Jan

.Sep

5%

Jan

22%

Jan

12%

Feb

109% Mar

8

»

36% Jan

11

55

4

19%

28
Jan

4

101/4 Jan

3

Jan

4

101

5%

6V4

11

10%

Jun

41

May

40

Jan

5

27%

23%

*23%

53

53

54%

55

55

Bush Term

Butte Copper

Byers Co
7%-

(A

&
M)

Feb

18

15

Canadian

15% Feb

18

Canadian Pacific Ry

For

footnotes

see

n«ee

20




Breweries

54

20%

20%

20%

20%

1,890

X/4%

14 %

14

51

14'A

51

5,200

50%

51%

50%

51%

51%

51 "a

51

57%

51%

57Va

4,300

56%

57%

56%

57

58

58%

58%

59

*9914.

99%

6,400

*99%

99%

*99%

99%

*99 V*

99%

1%

1%
36%

>

5

*1%
:

V*i%
'36%

2

36

36

-—2.50

9%
28%

'<

914

_15

28%

No par

'*8%

-

No par
-No par

«

30%

*28
25%

29

*102'%

2

28%

.

25%

8%

*37

37

37

*101

103

37%
103
25

,24%

76.

*75%

39 Vt

*39 Va A 39%

19 V4

18%

33 %

33%

34

19 %

19 V2

*

*98

100

%

19Va

'

14%
**9

preferred—100

*122

18%

125

13Va

75%

75%

75%

39%

*38%

39%

18%

18%

33%

33%

39 Va

34

33%

19%

18%

99%
88

90,

,19

>.

33 %

19%

*90

18%

9%
123

14%

14%

9%

9%

9%

*122

10%"

10%

75%

76%

■

r,;io%

:•

123

'*122

«•'.

10

10%:-

123.

v

14%
■

-

j* r/10 %

14%
9 Va

9

*122
•>

.

123

*36%
*101

24%

24%

19%

19%
125

*123%

4%

4%
•

"*22% ' '22%

*35%
"*53

'*1%

4%
'*21

11%

*104%

4%

,

'22 V4

104

>:

22%
104

22%

36%

•36

53%

*53

1%
4%

21%
12

106%

1%
4Va
*21
12

105%

*75

76%

75%

4%

4%

22

22%

22%

104%

*22%

36

35%

53%

*53

1%

1

76

76

76

39%

39 % - 39'A

19

19%

191/4

19%

300

*34

34%

34%

341/2

1,100

18%
100

83%
*90

;

14%
*9

*122

10%

10 Va

75

75

105%

23

36

53%

4%

19%

18%

86

22%

*104%

22%

22%

36

V*

.

r

14 Va

8,700

'9%

91/2

3,900

123

10%

4%

4

21

21

12

11%

11%

106

105%

1%

1%
4%

106

1 %

4

4%

4,400

22

221/4

1,200

104%

4%

23

23

36%
*53

'

70

23

36%

600

1,100

533A

/

4

1 %

4%

2,600

4,700

*20%

21%

100

11%

11%

15,400

105 Va

105%
43 '

*105%

'*41

43

*41

43

*41

43

*41

20

20

*19%

20

*19%

20

*19%

15 Va

15%

15%

15%

4

1 Va

11%

43

15

1%

21%

20

15 Va

210

11%

*41

15

4,900

*20%

*19%
15

50

74

'

21%

106

510

104

36%

1 %

4

200

123

10%
74

105%

53%

330
'

141/4

75

36

10,500

90

•10%

*53

•

90

123

36%

200

86

14%
9%

533/4

%

1134

23

200
;

100

,

21%

104%

62,300

*84

-•

95

19

99%

100

4Va -.•"/*%
21%

21%
104%

*53

6,100

125

14%

lOF'x.
*4%

19%

1,000

14V4

75

*20%

4%
22

12%

''4%
22

*104

104

+-

200

'24%

14%

'

76%

37
103

*38

95

14%

36%
103

10

*75

19 Va

90

9%

14

87%

*90

19%

*123%

99

*86

93

1

99

88

99

*86

14%
■

19%

99

:

90

14%

241/4

14

19

*85%

r

25

19 Va

*123%

13%

'*75

*98%

!

100

19%

18%
"

36 Va
*101

24%

125 %

76

87V2

,15

No par

5,300

37
103

24%

13%

13%

99

—100

_

19

124

13%

*36%
*101

.24%

'*123%

19%

*123%

13%

'"*87

J

19%

124

'*85%

par

1

7,000

13%

13%,

"*18%'

1

38 »/a

13%

38%

13%

'*75
**39%

/No par

38%

38 Va

13%

13%

._

38%
13%

38

13 Va

19%

^—5

4,800

38%

*123%

1

1,000

25%

13

X25

28 %

28'A

38

*101

28%

4,100
10,200

103 Va

13%

25

150

B%

32%

25%

38%

37%

30'A

8%

31%

*102%

13%

103

*29

8%
32

25%

38%

'*24%

30%

2,300

103%

13 V4

'*37

100

500
'

9

25%

33

5

*

28%

630

*102%

13

*101

100

8%

25%
103

*0%

31 Ve

28%

25%

36%

8%

30%

8%
31

103

37%

8%

38
;

_15

1

x28 %

25%

2

*31%

•

30%

8%

103

*102%

9

30%

29 %

25%

25%
103

*1%

36%

30%

8%

29

28%

25%
*102

8%

30%

*99%

2

36%

9%
30%

30

30%

99%

*1%

36%

9

30%

8%

8%
30

103

'

<

51%
57%

*99%

2

*35%

,

9%
30

51
57

99%

*1%

36%

9%

29%

81/2

30

-5

Ltd

55

54

14%

No.par

Canada Southern Ry Co___

20% Feb

13

54%

800

21%

Calumet & Hecla Cons Copper
5
Campbell W & C Foundry
No par
Canada Dry Ginger Ale com—1.66%
$4.25 conv preferred
-No par

16

2,100

15

54%

Packing common-j^No par
preferred
50

19%

21.800

24'/a

14%

22 V4

14%

28%

23%

20%

*103%

Oct

28%

54

-No par

Dec

*14%

24

14%

No .par

common

21

15
29

23%

55

participating preferred—100

15%

15

23

24

21%

.No par

Zinc

Jan

15

28 Va

14%

No par

—2

Jun

6,600

21

'California
5^>

8,400

12%

14%

common

Byron Jackson Co

15%

12%

21%

preferred—
i

Bldg 7%

500

15

Va

14%

^

preferred

Shares

28 Va

20

12.50

Butler Bros common-—_

4%^

28

19%

'7

42

*14%

14%
23%

23%

1

_

A

12

14%

4% Jan

6

12'%

27%

Callahan Zinc-Lead

24

12%

24%

10

Mar 23

15

12%

23%

26

12 V8 Feb

15

12%

*

15

Jan

22% Feb

28%

24

1% Jan

106

27%

15

14%

_

1%

27%

14%

14%

Bush,Terminal

3

27%

15

14%

5

11% Jan 23
77
Feb
2

tper share

28%

19%

9

Mar

the Week

1

Jan

'123

Sales for

Mar. 3

$ per share

27%

100

2nd

Friday

Mar. 2

$ per share

1

preferred
conv

Thursday

t per share

1

preferred
Burroughs Adding Machine—No

15

9% Jan 13
71

4%

400

No par
—No par

9% Jan

17

82

Feb

9

8% Feb

Jun

3

2

144

PRICES

23%

_1

Jan

13% Jan

I per share

144

Mar. 1

15

jNo par

'

$ per share

144

Wednesday

27%

i

Mar

SALE

Feb. 2S

23%

j.

Mar 27

HIGH

Tuesday

Feb. 27

27%

Bullard Co_:

89

Jan

Jun

'CO

'100

AND

Monday

"*14%

10

90

May

9

*143

Saturday

24

2

1,400

26%

—No par

Burlington Mills Corp

4

33%

143%

$5 preferred
Buffalo Forge Co

18

36,800

27%

9

11

Jan

900

1%

33%

100

10

82 V2 Jan

100

109

1%

33%

common

36% Jan

85% Mar

108

1%

12%

common

20% Jan

94

110

1%

8,500

4,300

89%

27 Va

preferred—

2

Dec

*103

1%

11%
25%

33%

Budd

18% Mar

Dec

111

1%

10%
254a
*87

89%

27%

2

Dec
Nov

110

1%

5

—

19%

84

112%

.

20.000

34%

common—

$3.60 preferred

Apr

91

'

1%

10 %

26

*87

1,700

42%

26%

Brunswick-Ealke-Collender

13%

16%

*111

1%

10%

25%

41%

27 %

Bulova Watch Co Inc

95

89%

42%

143%

,

13

Apr

26%

89%

41%

14%
87

33%

1

21

Jun

10%

25%

89

41%

14%
*85

33%

100

17% Jan

May

10%

26%

41

14%
87

27%

(assented)—100

31% Feb

Feb

1.400

14%

*84%

33%

common

Brown Shoe Co Inc

Co

14%

14 Va

14%
87

3414

^

Bigelow

(The)

*14%

,_5

Brooklyn Union Gas

7%

14%

14%

14 %

*84%

50

34%
33%

preferred
&

1,700

*27%

Roller

Brown

1,500

14%

2.50

L

_

Boston & Maine RR

3%%

32

14 Va

27%

(The)
:
;_ls
Borg-Warner Corp coihmon_i—
5
31/2% pieferred
:
__100
Bower

32

14 Va

33%

Borden Co

Dec

Jun

112%

1%

..

32

14 Va

32%

34V4

;

Bond-Stores Inc_

Jan

Jun

*111

1%

x32

14%

11

LOW

class A__

18%

*7

112 Va

32%

42

*87%

7,600

14Va

Va

27%

Brass

36

13%

*111%
1%

90

*881,4

50

9%

32 Va

14%

Feb. 25

i.

&

Jun

70 Va

90

81%

8

10%

26%

26%

*86

*80%
*32

33%

Bliss.& Laughlin Inc—

12%' Feb

'77

26%

*26%

600

8%

87

Hi/4

23'A

32%

26 "4

42

11

1,900

*22%

*32

41%

41

11 Va

18%

32%

*32

*84%

41%

140

*18%

81 %

8%

103%

34

Co_

29%

*73

14%

*80%

8%

34 Va

*102

No par

Bristol-Myers Co

2
-

Jan

39

14%

87

8%

34%
102

70

—No par

7

9

Mar

Dec

105%

14%

11

1

Bearing CoEraniff Airways Inc__
Brewing Corp. of AmericaBridgeport Brass Co—1__
Briggs Manufacturing Corp
Briggs & Stratton
i

*

Jan

Jan

33

12

x24% Jan

9

7% Feb 14
28

10

Jan

3

Feb. 15'

x34% Feb

8% Mar
47%

14%

14%

*84%

41 Va

STOCK

Boeing Airplane Co

6% .Jun

13%

14%
87

32%

102

80%

*14%

14%

12 %

5

52% Feb

32%
101

80%

8%

12%

2

27

80%

8

12%

Mar

25 Va

*80

12%

Jan

Feb

23

12%

27

25

23

1

29

22% Jan

231/4 Jan

23%

14%

3-

25% Mar

23%

*27%

15

27

23

15%

4

Dec

81

27%

28 *

Jun

23

23%

*80

14%

13% Jan

Jun

18%

27%

12V4 Feb

Aug

18%

28 Va
14%

Dec

17%

19

*27%
14%

Dec

21

18%

32
101

39

11%

19

No par

14%

Jan

*23

81

*84%

.12

18%

No par

15

32%

23

,

11%

32
101

Black & Decker Mfg Co
(E W)

12%

32%

19%

Elaw-Knox Co
Bliss

11%

%'

*38

*99%

101

14%

Par

Jun

Nov

3,500

12%

39

_ioo

Jun

Aug

8,800

321/4

*38

No par

preferred

8%

13%

12

34%

32

32%

.*.
(Del) com

9%

18

5.600

13%

1

$ per share

30%

Jan

20%

EXCHANGE

Jun

64

2(|%

12%

'

,_J.

NEW

Jun

Aug

9,100

12%

14%

33%c

Bigelow-Sanford Carpet-.
Birmingham Electric Co

Highest

10%

Jan

50%

121/4

23

5

Best Foods _A_
Bethlehem Steel

Range Since Jan. 1
Lowest-

Highest

22%

50

49%

12 Va

20%

STOCKS

Year 1949

4 per share

50

20

*80

common
10
Cum pfd $3.25 ser of 1946_No
par
Cum pfd $4 div. ser of 1948_No
par

Range for Previous
Lowest

49

20%

32%

Best

Dec

49

19%

"

Benguet Consol Mining Co__18 pesos

Dec

38%

48

32%

12

Jan

38%

8%

11

36

38%
20 %

32%

2V8 Jan

1,500

48

8%

29% Jan

19%

19%

*32 V2

3

19%

4714

8%

4

19%

38%

32%

23

1,40(|

39

8%

20

44'A

20

100

Appliances

10

44%

47%

__10

common

1,300

45 Va

19%

*38

*32%

Feb

33%
141

19%

1

preferred

CoJ

19%

*32 Va

112% Feb

&

19 Va

18 Va

67%

12%

Beneficial Indus Loan

Jan

19%

_l

Bendix Aviation

4%%

44

,_10
:

1

Dec

44

•18

*65%

46%

^1
:

Mar

44

__50

Corp

17

44%

21%

18%
68

19%

19%

341/2 Jan

21%

*18 Va
"66 Va

38

*99%

321/2 Feb

21

18%
68

46%

19%

7

21%

6 6 '/'a

19%

32 %

16

20%

38

99%

98

Feb

19V4

19%

99%

37%

93

*43 V4

*191/4

32%

Oct

73 Va

*

19V4

*19%

common

Jun

21%

*18%

66%

3,300

46%

t

1

_No par
12.50

convertible preferred

85

6%

18%

66%

4414

J.100

3%%

12

24

21%

18 Va

441/4

Beaunit Mills Inc
;2.50
$1.25 div conv preferred
-No par
Beck Shoe (A S) 4%%
pfd—100

7% Feb

4

20%

191/4
67

*66%

45%

19%

—50

*

—

31% Feb

12% Jan

21%

19 V4

.■

'

29V4 Jan

x85

19%
69

'*44

*.10

—-^

Corp'—1

26

Jun

19
*67

CO—L—i_—„5

Bath- Iron Works

Jun

6%

14%

12%

'

Feb

16

14%

11

common—50

Jan

.

14%
12%

100

preferred—100
(Delaware 1
__10

Mar

7

3

341/4 Mar
102

Convertible

4 Va %

Oct

101

Bangor & Aroostook

Barker

Dec

1
__13

Baltimore & Ohio common
'
4c/c non-cum preferred—"

26

Jan

(B T)

Ipc
Ealdwin Locomotive Works

8

Jan

Mar

11 Va

22% Jan -23

15%
.

Oct

69

3

3

17%

56V4

Feb

11%

17% Feb

22V» Mar

Babbitt

15%

20

15%

106

*41

43

*19%

20

15

15%

110
-

—

—

100
40.400

Volume 171

Number 14887

COMMERCIAL &

THE

CHRONICLE

STOCKS

Range for Previous

LOW

STOCK

(955)

Monday
Feb. 27

Thursday

Wednesday

Tifesday

Feb. 25

11

SALE PRICES

HIGH

AND

Saturday

Feb. 28

EXCHANGE

Lowest

Highest

YORK

NEW

Range Since Jan. 1
Highest

Year 15)49

Lowest

FINANCIAL

Friday

Sales for

Mar. 3

Mar. 3

Mar. 1

the Week

'

$ per share

40%

$ per share

Jan

$ per

$ per share

share

.:

'

'

•

Mills-

Par

$ per share

$ per share

$ per

$ per share

S per share

share

$ per share

Shares

51

Dec

48

Jan

3

50% Feb

1

Cannon

.—No par

*50%

50%

50

50%

50

*50%

50%

*50%

51

50%

12% Mar

16%

Dec

153A Jan

19

17% Jan

9

*16%

17

16%

16%

*16%

17

16%

16%

*16 3/8

17

*16»/8

17

50

56% Nov

Feb 23

561/2 Jan

9

Capital Admin class A common___l
$3 preferred A
1„_10

*55

56 %

55

55

*55

56%

55

55

*55%

56%

*551/4

56%

40

Feb

18

Capital Airlines

11%

11%

11%

1134

11%

11%

11%

11%

1.1%

11%

14,100

105% Jan

26

Carolina

Clinch

Carolina

Power

Mar

.5% Feb
100

9/e

Jun

55
;

Feb

108

Oct

102

8% Jan

13

Jan

11

13

12

Inc
Ohio

&

26%

Jan

33

Dec

31% Jan

Feb

1

25 %

Jun.

354/4

Jan

30y4 Jan

3

33% Jan

31

Carpenter

12%

Jun

IS Ve

Dec

171/8 Jan

6

191/2 Jan

16

30% Mar

37%

Sep

36

Jan

6

38

Jan

14

Carrier Corp common
Conv preferred 4%

8

Jan

4

6

Feb

30

Jun

131

Jan

26%

8%

Nov

45%

Nov

381/8 Jan 13

Nov

146

Jun

37%

Dec

100% Aug
23% Apr

104%

Dec

140

Jan

3

32%. Jan 27
X1041/8 Jan

18

34

83/s Feb

2

483/a Jan

24

Feb

Carriers

&

I)

Mar

36

105% Jan

3

7%

(J

Celanese

343/4

Dec

Jan

13

34% Feb

97

Apr

105%

Dec

1041/a Jan

3

1073A Jan

25

$4.75

Jun

132%

Dec

130% Jan

138% Feb

28

7%

13%

Jun

263/4

Jan

18 3A Jan

Jan

10

Celotex

15 %

Jun

18%

Jan

xl7

Jan

17% Jan

30

14%

Jun

17

Jan

15

7'A May
3

123/4

6

Jun

161/2 Jan

9
10

Central

47/s Jan

27

Central

15

Jan

173/4 Jan

11

1 0.'/b Feb

9

38% Feb

2

Jan

Dec
Dec

351/4 Jan

10

112%

Dec

110% Feb

9

liy4

Oct

Dec

14%

Oct

10 y2

Jun

14%

Dec

9%

Feb

13%

Oct

8%

Dec

104 Va

Jan

8

Oct

1.2

9% Jan 12

,

37%

43 34

33

33%
3iya

33%

33%

33%

33%

33%

33%

3 3 V4

31

31

30%

31%

*30%

31%

*31%

17%

1734

17%

18

173/4

18

37%

37%

37%

*105%

8%

1,500

45%

44

45

150y4

*150

151

30

35 3/4

36

4,500

*105%

106

35%

35%

35%

*105%

106

y8

33%

105%

105%

105%

105%

*105y2

106

*105

106

1381/2

138%

138

138%

137%

138

*1373/4

139

340

19%

19%

1934

19%

19%

19%

19%

*193A

20

1,900

17%

*i7y8

17%

17'A

17'A

171/4

16'/8

16'A

16%

16 y4

16%

163/b

16%

163/8

1,100

10%

10%

10%

10%

10%

10%

10%

10%

*4'%

414

4%

4'A

43/b

4%

41/8

4%

10,300
1,400

19 34

1934

*17

Sugar Co

5

*16

No par

137%

I6V4

16%
10%

111/8

4%

"4

17'A
161%

10%

10%

4%

33

4

16

%

16

n

32%

331/4.

19%
*17

33

33%

*17

i7y4

331/8

8,800

1371/2

No par
—20
1

*8%

200

105%

138%

Aguirre

2,300

37%

44 y2

106

*105%

400

18

*37

83/b

3,800

32

150%

151

34%

106

*8%

100

33%

18

38%

500

33%

106

*137%

of

35%

*105%

104

18

*37

45%

43%
*150

104%

17%

8%

8%

45

151

3434

106

104

300

105%

33%

33%

*105%

100

1.

8%

44%
150%

35%

35

No par

common

8%

44%
151

104

10434

*37

8%

8%
44

105%

*104

37%

*37

*150

35

*105y8

50%

104

x31%

44

35

10
100

104

104%

151

*150

H3'b

*104

8 y4

8%

1

_

3311

No par

33%

8,700
300

17%

600

preferred series B vtq——100

*153i

163/b

16%

16%

Central Hudson G & E Corp—No par
Central Illinois Light common*

10 y8

10

10

10

10%

10

10%

10

10 %

10

10%

3,100
3,600

*36%

37

36%

3734

37%

3734

36%

37

36%

37

37

3734

6,900

—100

*111%

113

'/J

113

*112'/a

114

50

934

9%

*9%

101/8

9%

934

9%

9%

50

*12 34

13%

*12%

131/2

*12%

13 'A,

13%

13%

*13

15%

15%

15%

15%

16%

16%

116

15%

*15%

15%

15%

15%

15%

,15'4

5%

4%%

Feb

27

91/4 Jan 25

lli/8 Jan

9

12% Jan 26

14% Jan

30

Class

B

113

37%

33%

Foundry Co
Ga Ry Co vtc_

Central

11 '/a Feb

9%

50

—100

preferred

Jan

36%

Nov

5%

Jan

24 y4

6% Mar
33%

17 34

25

preferred
preferred

Corp

4

Jan

1734

series—:

Corp of Amer com
1st

2nd

91/4 Jan

11% Mar

Jun

21

10

33%
*3112

common

4.20%

Preferred

104a4

10

Caterpillar Tractor common

12

*104

____5

General; Corp

Co

11%

No par

preferred

xl 14

31

Ry

& Light
Steel Co_

Case

28

151

1
__100

50%

preferred—

16%

10

*16

113

113

16

161/4

16

16%
'<

*1121/8

*

113

112

1123/B

112%

70

10P4

9%

10'A

2,900

13%

13%

13%

300

16%

15%

161/8

15

15'A

*

,,

Central RR Co of N J class A
-

South West Corp com—5

141/a Jan 13

16% Mar

1

Central

&

12% Jan

3

163/b Jan

24

Central

Violeta

7 3A; Jan

24'

8% Jan

3

Century Ribbon Mills

18 3/a Feb

15

21% Jan

7

Cerro

Jan .13

18% Feb

3

Certain-teed

15%

16

9%

28,000

*

6% July
14% July.
9 %

.

211/4. Jan

Jun

,

16%.'Dec

15

11

22% July
18% Jun

31%

Nov

291/4 Feb

31

Jan

31%

Dec

301/2 Jan

35

Feb

6

91;

98%

Dec

98

Jan

102

Mar

2

Jun,

5 ye

Aug

■: 91/2

Dec

17% July,
27

Nov,

77

NOV

85

,

281/4 Jan

3 y2

7

26

Jan

34% Jan

Jun

10

9% Jan

81/4 Jan
24
28

Feb

Feb

80

Feb

15

41/4 Feb

10

Feb

30% Jan

12

84% Jan

de

Sugar

Pasco

8%

No par

Products

—

preferred

20

20%

1

_

173ij

17%

17%

1734

convertible" preferred—100

15

6% Feb

24

12

May

93A Jan

3

12 % Feb

24

14

Dec

121/4 Jan

13

143/4 Feb

10

7lA

Feb

131/4

Dec

11% Jan

13

18% Mar

12%

Jun

201/8

Nov

19% Jan

5%

Jun

10

.Jan

73/4 Jan

:

Jan

3"

Jun

51/2

Jan

4%

Jun

8%

Jfan

Jun

34%

Dec

17

9%

I

3

3

.

28% Feb

23

(The)
1
Chicago Great West Ry Co com—50
5% preferred
50

10% Feb

18

Chic Ind

1

3

fi

5% Feb

18

.7% Jan 13
29
Feb 28

8% Feb

3

35% Feb

1

4

:

Jan

Jun1

15

Jan

11

Jan

3

153/4 Feb

20

24

Dec

36%

Jan

273/a Jan

3

32

F6b

21

21%

Jun

291/2 Mar

26% Jan

25

30

Mar

49%

Jun

55%

Dec

53% Jan

17

55% Feb

25 y2

Jun

393/4 Jan 13

Jun:

41%
82

Dec

56%

Dec

79

Jan

14

88

13%. Nov

12

Jan

30

10

May

2

10

46% Feb

3

Feb

21

131/4 Jan

13

Class B——
Chic Milw St

Series

A

&

xl3

Jun

2 Vb

£ per share

16%

,

Jun

Jan

-

$ per

8i%

*8%

25i%

25%

28

28%

28%

29

28%,

29

28%

29%

29

13% Jan,

•

4

18% Feb

82%

82%

84%

841%

83%

83 %

84

84

10

Jan

3% Feb

14

Jun

60

Jan

453A Jan

3

4% Jan
503/4 Jan

Vb

Dec

36

Jan

44 Vb

Jun

68 y4

Dec

303A Jan
5
'62% Jan 13

68 3/a Jan

5

34% Feb

24

3'5
30

26%

Apr

97%

5ya

Jan

32% Sep
105 y2 SbP

30

Jan

103% Jan

4

Jan 16

34

42%

Mar

4

109

Feb

29%

pec

26

Jan

24

29

Feb

Jan.

x20

59%

Dfec

58

Jan

13

67

Mar

63/e

Feb

79 y2

Jun

86

Sep

82

Jan

3

25

Jan

34%

Dec

31% Jan

13

16

Jun

19%

Oct

.16% Feb

16

19% Mar

20%

Jun

30% Jan

67

Nov

85

8%

Dec

7% Feb
„

25

Feb

7

7

11

Childs

4ac

36% Mar

Dec

43 y8 Jan

43%

Jun

105

108

Jan

Claik

3

46% Feb
112

3

$4.50

27

9

106% Feb

24

107% Jan

18

5%

Co

preferred

preferred

12 3% Jan
323/a Jan

10

Pitts. RR Co 7%
Special gtd 4% stock
Climax Molybdenum

13

36% Feb

25

Clinton Foods

13

110% Feb

28

4%%

Sep

82 y2

Jan

54

Nov

64

Sep
July

Jan

1075

101

Jan

3

4% Mar

2

24% Mar

3

14% Feb

5% Jan

5

Jan

11
18

27
143

Feb

77% Jan

5

81

Feb

1

Feb

25

165

Jan

3

138% Jan

4

Jan

1075

29%

Feb

89

Jan.

158

100

533/B Jan 21

54% Jan

Dec

42

y4 Jan

3

46

Dec

43%

•98

Feb

8

100

16 3/4 Jan

13

xl3%

Feb

17%

Jan

12 Va

Jun

15

4

cum

8

4%

434

434

8

8%

7%

8

29 %

30%

29%

Class

2

Jan

9

193/4 Jan 20

Colo Fuel

& Iron

Jan

173/b Jan

11

Jan

16% Feb

15

18% Jan

12

Dec

16

Jan

13

24

Mar

3

8%

Jun

17%

Dec

16 % Jan

13

26% Mar

3

4 c'o

non-cum

7-%

Jun

163/4

Dec

15% Jan

13

24% Mar

3

4^>

non-cum

17%

Jun

29%

Dec

2.8% Jan

3

31 % Jan

17

Columbia

16%

Jun

28 Va

Dec

28 % Jan

13

31% Jan

17

Class

9%

Jun

7%

Feb

15

■

1PA Feb

16

14

14%«

15y8

14%

15%

14%

15%

30%

3iy4

30%

31%

30%

31%

7,100

29

29%

29%

29 V*

29 »A

30

29%

7,100

*54

55%

v55»A

55'A

*54%

56

121/2

13 y4

*12%

13%

333/4 Jan

10

22 % Jan

30

27% Jan

10

Sep

26%

32 Va

Oct

30% Feb

15

Jun

22%

Sep

20% Jan

Feb

27%

Dec

243A Feb

4'

Columbus

Pictures

SO

&

s

J/8

12%.,

;

291%
-

55

55

300

44

44%

45%

44%

44%

9,000

87%

86%

8 6 34

87%

87%

2,900

121/4

12l/4

*12%

'13%

500

1214.

i

.

*107

107

*7%

*173i

18%

3%
48 %

48%

32 <

31 %

31%

32

32

64%

-

63%

63%

63%

64%

3%

3%

4

49%

*31%

-

63%
1

34%

34%fe< 34 5 a

34%

34%

34%

107%

107,%J07%

108%

108%

108%

*27%

r

64 VB

28

64%

•

7%

*7%

*86%33%

18 Va

*17%

Sales for
the Week

18%

$ per share

400

3%

3%

21,700

49 Va

491/8

4

49%
32 V

64%

»

Shares

17%

17%

*31%

980
:

32

63%

64%

343A

34%'

108%

30

26,800
■

1

9,500

109

240

28

27%

28

28%

28%

28%

28%

3;300

64%

64%

66%

65%

67-

65%

66%

7,700

7%

7%

734

73A

88

86'A

86%

*86'A

88

33 %

32 34

3234

*32%

33%

33%

33%

1,300

*17%

18 Va

*17%

18

18

19%

3,200

251/4

600

18

7%

7%

7%

*861/4

600

88

25

25

*120

170

*120

170

*120

170

*120

170

*120

170

*120

75

*67

75

*67

75

*67

75

*67

75

*67

110

170

*67

75

25%

25 3 4

25%

25%

44%

44%

45

44%

111%

112

111%

*25%

45%

111%

111%

OO

*106%

28

107%

28

*106%

28

28

44%
112

28

107%

*106%

v*27%

107 Vs

106 %

*25%

25%

44s/a

45 Vb

251/a

45VB

25%

44%

44%

112

*111

112

*111

28

28

28

3,800

112

28

28

*

106%

106 %

107%

*106%

200
,

700

IO71/2

10

100

*70%

72%

*71%

72%

*70%

72 V

•71%

71 Va

*71

72%

*71

72%

*41

50
50 '

42%

*41

42%

*41

42 %

*41

42 Va

*41

42%

*41

41%

14%

133i

14%

I334

14%

14%

13%

13%

13%

1

36%

36%

36%

36 34

36%

36%

36%

36 3 4

109%

109%

109%

109%

10934

110%

1093/a

109 34

25%

4%
*140

*80%
158

*53%

4%

4%

4%

*434

4%

25%

.

25%

25%

25 Va

25%

142

81%
159

*98%
17%

*80%
158

54%

*1220
45

*140

53%

142

*140

159

99%

25

*140

31%

*81

161%

161%

5334

54

4%

-

142

*80%

81%
159

54%

54

*1250

*1220

•

36%
109

4%

4%

*243/4

25

141

142

14

36 3/4

109%
4%
25
141

81%

*81

81%

162%

162

163%

54%

54 %

54%

*1250

*1250

443i

44%

44%

45%

45%

45%

46~

*98%

99%

99%

99%

*9834

99 %

993/4

.99%

17%

17%

17%

17%

•17%

18

17%

17%

18

133/4

13%

7,400

36V2

36%

4,400

1091/4

630

*4%

4%

3,200

24%.

24%

2,200

*109

*140
*81

161%

54%

142

30

81%
162'A

4,500

543i,

890

*1260

44%

45

45%
*99

17%

46

4,600

99%

20

18

2,100

1534

1534

16%

16%

163i

17

17 Va

17 Va

16%

17%

163A

17

*163/4

17

22

22 3,8

22

22 P4

22

22%

22%

22%

22%

22%

223<4

24

2,520

24

24

24

243/a

24%

24 Va

24%

24%

24%

25 >4

25 V2

26%

2,460

22

21%

22

21%

22 34

*22P4

22%

22%

24%

810

29

29%

29%

29%

29

29%

29%

29 V2

4,800

29%

29P4

28%

29

29

29

29V4

29%

1,500

12 3/a

12 %

12 3%

12%

34,100

15%

16%

15%

16 Va

15P4

Xl6

163/a

I6V4

15%

16%

13,000

2,800
*

*21%

22

*21%

2.50

30%

30%

29%

30 3

2.50

30%

30 Va

20

30

12%

12P/a

12%

*14%

14%

No par

*65

68

-No par

*31%

31 5 8

313/8

Co—-5

Elec

*17%

49%

863/8

*17%

1734

334

33%

*7%

'•

Mar. 2
$ per share

share

47'2

3%

86%

%

1734

18

33

7%
88

33

No par

22 %

22%

No par

25%

25%

63

63 Va

common

Ohio

34%

34%

18

Friday
Mar. 3

Thursday

Mar. 1

$ per

47

3%
47

63%

Wednesday

Feb. 28

18

*17%

*31%

*86%

System. Inc—No par

$4.25 cum preferred w w
Columbian Carbon Cot.

68%

18%

Columbia, Gas

*

,87%.

S per share

44%

Broad Sys Inc cl A
2

Columbia

66

43

'

Tuesday

Feb. 27

643a

*33

1st preferred
100
2nd preferred—100

5

10

Monday
$ per share

11134

No par

14

4

Jan

18%

64

100

20

12% Jan
63

18%

20.

—100

Feb

Oct

S per share

No par

14% Feb

Dec

13%

9,400
12,200

14%

12%

20
Ry com„_100

& Southern

B

2,700

.1

31

*'i2 %

Corp com—No par

preferred

conv

29%

29%

17,900

14%

No par

12% Jan

13

Feb

48 VA Mar

21%

b'c

Colorado

29%

2,800
,

30%

88%

No par

17%

29%

29%

100
1

Corp

19%

8%

151/4

4414

preferred

Internatl

19

434

8

31

4334

Colgate-Palmolive-Peet com—No par
$3.50 preferred—
No par
Collins & Aikman Corp
No par

Jun-

4%

sy8

14%

*871/2

:

com

Jun

434

8

30%

28

No par

A

Coca-Cola

Mar

9%

15%

87

pfd

(The)

Co

27%

9%

4%

■:

/

26%

9%

3iy4

44

:

2nd

cum

29

87

100

Cluett Peabody & Co com
7 c'o preferred
4%

.

1

29%

43%

gtd_

Clopay Corp

Coca-Cola

29

No par

Inc—

conv

7%

Jun

4%

7%.

4%

8%

88

:

21

141%

4%

5
j

27%

9%

8;ooo

15%

5

i

24.

172

5,800
5,600

9% J

5%

31%

Cleve Graph Bronze Co common—_1

Feb

Jun

27

9%

9%

No par

Cleve &

■

71% Feb

Nov

27%

9%

9%

44%

:

42

July

26%

30

100

__

4

70%

27

8%

5

3

133

26%

5

No par

Jan

xl24%

27

9%

64%

Cleve Elec Illuminating com

Feb

Feb

26%

9%

*27%

Equipment

29% Jan

5% Jan

27
.

64%

623A Jan

30%

18%

28%

37

Jun

18

64%

Feb

3% July

18%

27%

Jan

21%

18

87

Ry Co com—100
5% non-cumvpreferred
100

17

Dec

18

44%

City Stores Co

13

Jan

17%

106%

3

27% Jan

Dec

17%

»95a

_No par

73

15%

1634

541/2

City Investing Co common
5%% preferred

109 Vb Jan

35 Vb

17%

Saturday

City Products Corp_.

Dec

105'A

17%

.^--100
Corp.

43

Dec

14,900

17%

34%

Dec

Jun.

13%

com——8.50

Elec

Dec

10% Aug

12

13%

32

61 %

2'4%

11%

13%

*31%

36 %

101%

5%

11%

13%

26%
,

No par

preferred

Aug

28 V2

5%
11%

13%

_25
—25

3

r-

,112% Jun

Oct

20%

5%

113/4

13%

29

C C C & St Louis

108

5%

11%

13%

541/2

t

3

10

13,700

5%

11%

3%

14

Jan

5%

5%

17%

.

10

Feb

28

700

13%

Feb. 25

8% Jan

Mar

46/700

84%

LOW AND HIGH SALE. PRICES

33% Feb

87

-.29%

11%

46%

C I T Financial-

100

29%
*83'/a

900

5%

3%

Cincinnati

8%
251/2

13%

*4534

6

81%

*251/4

11%

1

2

8%
25%

-

53i

28 3b

::

&

150

8%

*25'A

8'/a
25%

•

13%

100

Gas

3,100

.u

11%

6

Milling Machine Co^-lo

Cincinnati

500

33%

13%

55%

common

preferred
Chile Copper Co
Chrysler Corp

3

'

Co

5%%

28%
103

11%

5%

*28%

Oil

Cotton

*

13%

Par
Chickasha

17% '

1134

EXCHANGE

24

3,300
9,100

'

*1021/4

29%

8434

*54%

$ per share

share

400

20%

"

8 3%

NEW YORK STOCK

Range Since Jan. 1
Highest

Lowest

Highest

share

1,200

7%

33%

33%
102

*2514

—100

.

'

8%

No par'

Pac, RR Co

30

33%
102

343%

101%

*81

.

preferred
"
100
Chicago Pneumat Tool com
No par
$3 convertible preference—No par

preferred series A
Chicago Yellow Cati
;

17%.
28%

*29

29%

34

101%

17 3/8

253/4

w_100

Conv

29%

341%
101%

173/b

,

8%

5%

Is

29%

33%
101%

17%

2()

*25%

Chicago & North West coin—No par

Chic Rock

"17%

^

20 Vb

8%

No par

preferred vtc

*29

34

101%

STOCKS

Year 1949

$ per

& P vtc

17%

,

*7%.

8

25%

——No par

Paul

Range for Previous
Lowest

fly Co cl A—25

29%

20

15%

8%

——

& Louisv

101%

17%

19%

'

*7%
'20

8

20 3 8

20

*7%

*25%

Chicago Corp

51/2

*33%

,15%.

8

'

Chic & East 111 RR Co com—No par
Class A
i
;
40

Feb

293/8

34%

33%

Cab Mfg
2—;4.
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common—25
3%%

29%

101%

*29

*101

No par
1.25

■

Checker

30

*7%

20

Champion Paper & Fit) com—No par
$4.50

8

X8

20

i—No par '

Chain Belt Co

8%

5

Copper Corp

Jun,

<

*15

9.50

Co^

8

12%
14%

1334

1334

*64 Pi

3134

31%

22%

22%

25%

25%
62%

12%

67%

13P4
*64 3A

12 3,4

12%

*13%

14

13%

'*

6434

68

*643A

31%

313/a

3134

21%

22 V4

22

22%

25P4

2534

25%

25 s4

62

68

62 Va

62

.

,

31%

12%
13%
68

13%
*66

13%

1,600

67%

31%

313%

22%

22%

22%

22 Pa

3,500

25%

25%

25%

26%

10,700

31%

2,500

Combustion Engineering
17

46%

Feb

16

64%; Feb

6

95

Jan,

107%

Dec

Jan

19

112% Feb

6

13%

Jun

203A

Dec

163/b Feb

10

21% Jan

3

25 Va

Jail:

30% Dec

29% Jan

13

31% Feb

21

7%

Jun

25%

Feb:

2%
21%
xl06

60 Vs

30 Va
.

Nov

343A

Dec

4%

Jun

Febr

57% Jan
105

Coihmonwealth Edison Co

31%

10%
28 P4

10%

10%

*10%

10 Va

28"%

28 3 4

39P4

40%

2834
•3934

28%

40 %

Consol'Edison

30

4

Jan

6

30% Feb 24
11

of N

$5 preferred:

3 PA

Y cdm—No par

6

Feb

21% Jan

163A Jan

13

19% Jan

30

108

No par
1.33 %

Jun

Dec
Dec

1023A Dec

6% Jun

9%

Dec

Feb

78 %

Dec

For

footnotes

see

page




17%

1634

2,200
27,800

108 Va

1,600

108

"12%

108
12 3/4

13

*12

*

12%

*12

1081/4

108

12%

13

12%

*12

13

900

12%

100

44%

45

44P4

45

44%

44%

3,700

17

.

173'a

17 P4

17%

17%

17%

4,100

11 %

*11%

113/4

1134

1

11%

113 4

11%

11%

6

Consolidated Textile Co Inc——_10c

*10%

10%

10%

10 %

10 Va

11%
10%

*11%

Feb

10%

10%

10%

10%

10 1/8

10 V8

1,400

14

Feb

24

Consolidated Vultee Aircraft—2—1

13%

14%

1334

14%

14%

1434

13%

14

14%

13%

14%

59,300

143/a Feb

28

Consumers POwer Co

35%

16,200

33

Jan 13

9

1123/4 Jan

28.

Feb

20

Ill

Jan

4

38 SA Jan

3

43

"Feb

1

Dec

Dec

17%

45%
17%

3%
30%

12

4L%

17%

44%

3%

29%

12 % Jan

109

37%

45%

3%

30%

3

110% Jan

X98

12%

45

3%
29%

3

Dec

-

13 Va

12%

354
30%

108

108

13

12%.

1,400

3%

25

Dec

Jan

108

108 Va

1,700

-32 Va

10

29%

3P4
30

13 %-

13 Vs

45 Va

18

108

*12%

1,600

28%

*321%

Jan

110%

Jan

*45

pfd—.—100

13%
1'2%

10

28%

32%

Jan

113%

Jun

108

10P4
28%

10

Apr

85

3%
2934

*12%

Corp„J.—5
Consolidated Natural Gas
_15
Coiisol RR of Cuba 6%

13 %

3%
30%

10%
28 34

X32%

-.

11

Apr

30 Vz

*

3%
29%

3,670

20,200

10 % Jan

103 %

Nov

;——

3P4

30%

40

9,900

9,400

18%
11%

105%

103

31V2

iop/8

47 3/4: Feb

Jun

31%

40%

3

93

313/8

x28%

423A Jan

Jun;.

31%

10%

46 % Mar

27%

31P4

39%

Jun

May

31%

28%

11 Vs Jan

36

31P4

10%

Sep

29% July

31 %

28%

,

Consolidated Laundries

Dec

313/a

39%

.

Consolidated Grocers Corp

12% Mar

31%

No par

Publishing Co

10

10%

31p/8

Conde Nast

28

1.2%, Apr

17

Congoleum-Nairn Inc„—
No par
Consolidated Cigar—
No par
Consolidated Coppermines Corp
5

123/4 Jan

Jun

16%

6

14 3/a Jan

Jun

16%

3

108 3/4 Jan

Jun

16 34

6

5

7%

108%

17%

Feb

;

2

8

108%

16%

'

ll1/* Feb

8

11'A

108%

16 34

41

.12 3A Mar

38 %

108%

16%

30 % Feb

1-07% Feb

11%

62%

108 %

1634

109

2

Oct

8

62%

107%

163/a

X108 3/a

3

3

Jan

62 Va

10834

16 P a

110

3

15

14%

613/B

108 Va

16%

<"

Mar

33/8 Feb

109

Apr

563/4

No par
——25

Solvents

62 Va

110

100

preferred —L_

Commercial

x62

Jan

27% Jan

Jun

95

3.6OV0

common—i—10

10

Jan

Feb

13 Va

Credit

Commercial

;

27

x.32% Mar

29% Dec

11

10

Dec

10% Aug

Jun

243/4

.

Superheater' Inc

9'

1013A Jan 11
Jan

3

95 % Jan

9

17

35% Jan 13
3
102 % Feb

105 % Mar

2

193/b Jan

24

Jan

24

39% Feb

17

Jan

7

100
103

7

9% Jan

9

753/4 Jan 13

783A Jan

11

8 3/s Feb

20.

Consolidated

Retail Btores

Inc

*

35%

3534

35%

111 Va

111%

111'/a

111%

*109%

IO934

1093/a

1093A

*42 Va

42%
105

com——No par

$4.50 preferred

—

-

Continental Baking

$5.50

Can

Inc

*97

No par

Insurance

—No
Fibre

3734

20

common

$3.75 preferred
Continental Diamond
Continental

18%

Co com—No par

preferred—;

Continental

*104

:

*

par

102 Va

42

*104

42 P4

105

35%

111%

353/4

No par

$c4.52 preferred
:
—
No par
Container Corp of America corn—20
4% preferred
—100

14%
35%

112%

111%

111%

109%
42 Va

109%

109%

109%

42%

42 Va

35

,

105

35%

42 %
•

105

-

105

105

35%

11P4

3534

1113/4
;

112%

1.09 3'a

1093b

1093/a

10934

140

42%

42%

42%

42%

4,300

105%

105 V2

*104%

18 3A

18 %

1834

18%

18 34

18%

18 %

97%

9734

98

97%

97%

98

98

98

98

37%

373/4

38 Va

37%

37%

37'A

37%

37P4

37%

1*9

103

18 P4

*102%

103

5

9

9

8%

8%

10

77

77

76%

77%

*102%

8%
77

103
9

77

*102%
9

76 3A

103

*102Vi

9

*8%

76 P4

353/8

800

76%

103

9%
77

112

112

18%
*98

37%
*1023A
9

76%

430

106

18%

400

3,700

99 %

22fl

37%

5,600

103

9%

2,000

76 34

1,700

12

(956)

THE

COMMERCIAL

NEW
Range for Previous
-

Highest

I per share

Range Since Jan. 1

Lowest

$ per share

l<

NEW YORK

Highest

t per share

FINANCIAL

YORK

STOCKS

Year 1949

Lowest

&

CHRONICLE

Monday, March 6, 1950

RECORD

•

LOW AND HIGH SALE

STOCK

«

Saturday

Monday

Tuesday

Feb. 25

Feb. 27

Feb. 28

EXCHANGE

$ per share

Par

t per share-

$ per share

■'»-

•

t per share

5%

Jun

8%

Jan

Feb

65%

Oct

ll»/4

Jun

15%

Jan

56%

13% Jan

56Va

3

16%' Feb 28

Continental Steel Corp

14

19%

Jun

24 %

15%

Deo

15%

xl5%

16

23% Jan

4

26 y® Feb

15%

25%

25%

25 V4

25%

25%

25%

51 Va July
9
12

12%

Jun

49

7

19%

Dec
Jun

Jan

92Va

55

Feb

3

17

13

Jan

7

14% Jan

3

17% Feb

4

48% Feb

16

49% Jan

11
14

11%

Dec

10% Jan

3

1.4% Feb

Deo

57 % Jan

3

65% Mar

30%

Deo

102%

Jan

102

Sep

21
13

72 % Jan

185% Jan

12

28

Dec

4 % Jan

Oct

2

32%

Jun

Jan

Jan

27

Deo

Jan

103

102% Jan 27

5% Mar
30% Jan

3

105

Jan

Jan

14 %

NOV

12% Jan

18

14

Jan

5

29%

Dec

28 Va Jan

25

30 Ya Feb

27

104

23

Feb

11

13%

Oct

19%

Jan

15% Jan 26

17% Jan

Jan

42%

Apr

39

Jan

18

40

Jan

20

Jun

30

Deo

27% Jan

13

33

Mar

94

Mar

105

Dec

102% Jan

11

90

May

Deo

99% Jan

3

99%
24

Nov

14

21

16%

Feb

20% Feb

28

15% Jan

4

'Feb

14

175

May

7% Jan

3

67% Jan

14

',13%

Feb

25%

Nov

16

8

6% Mar

,,

Jun

10%

Feb

-

-73.-' Jan

5% Jun
60 •:

55

Dec

160

May

3

Apr

31

July

12%
160

16% Jan

Jan

72%

Nov

49

Jan

Dec

Feb

-

105
,

Feb

20 Yst Jan

11

59 % Jan

Jan

6

25

19% Jan-

9% Jan
71

9

13% Jan

19

: Mar

25%, Jan

8%

Oct

145%

Oct

Jun

-52%,"NOT

Dec

43%

Feb
Jun

•4%
109

:

•

7

■18%
19%

24%

:

Jun
Mar

133

9%

137

-

26%

Sep

14
16

49% Jan

3

;

Apr

6% Feb

122% Jan
;

3

7% Jan

20% Jan

-3

' Feb

21

22% Feb

Jan
Jan

17

125

Jan

Jan

8

4%■%■
,

9% Feb

10

24% Feb

10

138-

-

Jan 20

25% Feb 25

16 Va

12%

300

16 y4

16%

15 Va

16%

49'/2

15%

*48Vb

15 y2

49'/a

15%

15%

2,500

49 %

*48 Va-

49%

*48 Va

49%

Curtis

2

13%

13%

13%

13%-

13%

13%

64

62%

63%

64

64

64

32'/4.

32

32

65%

32

1,510

32%

32%

32%

32%

32%

32%

33%

4,400

101 »/4

*100%

101%

*100%

101%

*100%

101%

*101

102

*101

102

*101

102

70'/2

102

69%

184 y2

70Va

69%

...

70
185

69%

*184Y2

l85Va

*184%

5%

5%

5Vt

5%

5%

2%

2V'4

2%

2%

2%

28%

28%

28 V2

28%

28%;

*102%

103%

*102

103

131/*

13

13

13

*29%

30

16%

39 V*

32%

32 %

8%

*6SY2

*39 Va

39%

39 %

39 %

39 %-

39 V4

39

39 Va

700

32 Va

pfd

1'

24

25%

-

<24%
130
•

18%

57

57

a.

20%.

.

*68%."

6%

7

■

133% "
53

24Y4

7

.

V

9:,

'128

25%

-

*

:

240

17%.

71

:

1,200
1,700

8%'

2,900

X24%

j

300

71

'

■

..

9

t

9%

23%

23 Ve*

<

6%

'

24%

1259;

24 Va

23 Va

53%

v

X8%'
23

24 V8

>.< 53%

8%

(

»

180

'•

-

400

8%'.

29,000

t

23 y84'

1,900

■)

130

>

'

*24

*24

24%

9

15% Mar

13% Jan

13

17

96

12

97

14%

Jan

96"% Nov

13% Jan 25

15% Feb

15

15% Jan

17% Feb

17

Jun
•

11% July

17% May

Jan

15

Deo

Mar

26%
92

,'22%

Dec

Jan

31

May

Jan

*16%

9R% Aug

Jan

3

24

Jan

5

29"% Jan

4

34

Feb

7

Jan

11

97

Jan

100%

Deo

97% Jan 24

7%

Jun

ma

Nov

11% Jan

9%

Jan

Jun

30%
31

29

Jun

43%

Oct

36%

Sep
Jan

40%

Jun

26

8% Jan

Jan

Mar

17

5% Jun

9%

22%

3

27

99% Mar

1

100% Feb 20
15% Feb
10

11

Jan

5

Dana

Corp common
3%% preferred series A

Davega Stores Corp
5%

convertible preferred
Davison Chemical Corp (The)

Preferred

3.75%

i

'

24%'

?4% Jan 30
45

Jan

31

Deere <te Co

36

Jan

3

7%

1,600

■

Dec

12% Feb

15

13% Jan

10

Derby Oil Co

Sep

21% Jan

13

23 % Feb

28

Detroit

Jan

Jan

6

Feb

2

Jan
Jun

23%

s'. 58
9 Vu

4% Jun

Feb
a6% Jan

Jan

11%

Jun

16%

Jun

22%

31%

Sep

40

14

7% Jan

12

25

23 % Jan

9

6

5o%
xl2%

NOV

20%

24 % Mar

13 %

Jan

NOV

Jun

15

5\

58

13% Jan

11

Sep

45%

Feb

40% Jan

3

43% Feb

23

9%

Jun

13 Va

Dec

12% Jan

25

13% Jan

3

8 VB Feb

27

9% Jan

5

17% Jan 13

18% Jan

12

6%

Jun

9%

Nov

12%

Jun

18%

Deo

6%

9%

25

Match

101

S per

12 y4 Jan

4

35% Jan

28

50 % Jan

3

54% Feb

10% Jan

3

13

Deo

33% Mar

3

36% Jan

4

A—

15V4 Feb

27

17 % Jan

6

Dome

Feb

27

11

Dow Chemical Co

10
9

72%

Oct

57%

Dec

108%

Sep

108

Feb

20

110

Jan

30

123%

Dec

119V4 Jan

13

135

Mar

3

69 % Jan

54% Jan

13

13

82

19V4Jan

5

Sep

86%

Jan

30

11 y8 Mar

20%

Oct

19% Jan 27

14%

Oct

13

Divco Corp
Dixie Cup Co common
Class A
Dr.

112

63%
124%

Mines

Feb

2

20% Mar
14 y2 Jan

2

12

Jun'

9%

12%

Jun

15%

20 V4 Mar

Jun

13

Jun

16% Mar

2

7%

Jun

13%

Jan

38%

Jun

43 %

Nov

45 y8 Jan 27

Oct

172% Jan

S

19% Jan 10
Feb

24

15% Jan

17

3

12 3/4

16y4 Mar

23 %

30% Jan

9

10

19 Va Jan

7

88

Jan

96

Deo

96

Feb

14

96%

14%

Dec

12% Jan 29

May

96

Jan

Jan

14% Mar

3
3

13

96

Jan

13

Jan

9

Dresser Industries

25

*43%

44%

*43 %

43 V2

43%

43

43

43%

43%

*12 Va

12%

*12%

12%

12%

12%

*12%

12%

12'/a

12%

300

8%

8Va

8ys

8%

8%

8%

8%

8%

8%

8%

18 Va

8%

18%-

18%

18%

2,500

18%

17%

18%

<17%

18%

17%

18 Va

10,000

Saturday

Monday
Feb. 27

Feb.28

I per share-

4 per share

4 per share
13 %

52%

60

12%

12%

12%

12%
34%

12%

*12%

12 Va

12%

12%

12%

1,500

34%

33%

34

33%

34

3,300

34%

34%

34%

34%

15%

15%

15%

15%

15V4

15%

79

79

80

82

81

82

60%

61

60 Vb

60%

59%

15

——

50c

common

100
1

No par
(E I) & Co—

Common

Light

5%

1st

pfd

100

Corp

5

Eagle-Picher Co

1

Eastern Airlines

10

Inc

1

10

common

Stainless

Steel

Corp_^.

17%
*81 %

preferred

preferred
Elastic Stop Nut Co

1% J an

3

11

Jan

7

Electric Storage Battery
Elgin National Watch Co—

Feb

23

Elliott Co

82

*81%

*8iy2

81%

81%

81%

*81%

81%

*81%

81%

40

20 y2

*20

20%

20 %

20 y2

20%

20%

20%

20%

13%

1,100

13

13%

*13Va

13%

13%

13%

13

13%

1,500

*115

11 Va

63%

63%

63%

125

126

102%

*

116

*115%

11%

10

Dec

6% Jan

13

14%

Jan

10% Jan

13

61 %

Jan

55

Jan

13

Jan

60

Jan

9

103

Jan

common—

61

Mfg Co

Emerson Radio & Phonograph
Empire District Electric Co

5%

16%

15%

2,900

15%

15%

55,400

46%

47%

Feb 27

Erie & Pittsburgh

5%

Dec

5% J an 25

6% Jan

11

6Vb

Jun

10 Va

Jan

8% Feb

14

10% Jan

11

6%

Jun

11%

Dec

'9% Feb

16

11 % Jan

7

36

Jan

61%

Dec

Jan

13

66% Mar

3

Ex-Cell-O Corp

3

Jun

5%

Apr

3% Jan

5

page

55

20.




4% Jan

10

Williams

Evans Products

15

15V4

16

15%

16%

15%

16y8

48

47%

48 Va

47%

47%

47

47%

' *180

2

29%

1

*16%

185

29%
17%

*180

*182

185

29V*

29%

16%

29

17

*16%

17Vz

*95

97

96

14

14

13%

14

13%

100

*97%

100

*97%

9

9

29Va

97

96

*97%

186

*95

14yB
100

*180%

186

29V'2

29%

16%

.17%

*95

97

14

14%

*97%

100

*180%

186

29%

30%

*17

17%

*95

97

14%

14'/2

*97%

100

.

*181

29%

30

171/2i17%
*95

14%
'97%

8,500

186

97

14%

3,200

1,000
10

3,300

100

8%

9Va

8%

8%

8%

8%

8%

43%

8%

*8%

43%

43%

43%

43%

43%

43%

43%

-43%

19

43%

43%

44

19

3.600

18%

19Vb

18%

18%

18%

18%

18%

18%

18V\

18%

37%

36%

36%

6,500

36V2

36%

36%

*36%

37%

*36%
2%

No par
15

50

2%

5

36 V2

2Ve

2%

38

38

38V8

38!/2

38%

38%

12%

12%

12'/2

12Y2

xl2'/4

12%

12%

27%

27%

36%

39

*71

74

25%

147/8

>

2

2%

1%

2%.
39

12%

267/a

27%

26%

73

72%

72%

*70%

*50
26%

51

51

*50

26V'2

14%

*50

15%

19,700

257/a : 26Va

15,000

2,800

18%
31%

26%

102

25%

102

1

67/a

67/a

67/a

67/a

67/a

67/b

11%

11%

11%

ll7/a

11%

117/b

11%

100

55%

55%

*55%

563/a

50

*60%

5
:

67/8

No par

5%

55%

40

15%

18%

*60r/2

100

15%

31

61

51

147/a

18%

5%-.

73

15%

30%

61

*50

15

18%

5%

*71

15%

30%

62

73
51

1,200

7,200

18%

RR Co—

1,000
5,000

27%

31

Corp

12%
26%

26%

25%

102

1'2%
26%

'37,600

27%

*30%

102%

12%
27V8

2

38%

26%

xl8%
102%

.

l7/0
38%

267/8

187/a

*102V2

1,700

2

26%

26%

25Va

800

26%

31
102%

26

8%

39

12%

27

*72

27%

lOVa

100

36V2

iy8
*38V4

73

26%
*70

*30%

Co—

16%

14V4

10

Eversharp Inc

Eureka

17

Corp common—25

preferred series A

Feb

5,700
21,000

15%
15

16%

47%

10

5V2% convertible preferred
5% preference
1

Erie RR common—

57% Feb

16%

16%
15

16%

13%

No par

preferred
Equitable Office Bldg

12% Mar

16%

16%
14%

16%

5

4%

7% Jan

16%

16%
15

14%

100% Jan

800

16%

14%

Deo

10%

3

(The)

preferred

Endicott Johnson

140

10%

15

50%

8

900

11%

16%

27

19 Va Feb

11

15

26%

33% Jan

11%

16V4

50V4

6

llVa

115%

15

51

Feb

11%

*115

16%

27

17% Jan 11

115%

*11%

16%

14%

30

115%

*115%

15

*50V4

Dec

116

116

16%

16%

*26%

Nov

2,300

102%

14%

3

18 %

124%

102 Vi

a

16%

4

35%

36,500

124%

102%

62 3

15

50

Jun

62%

124%

102%

62%

16%

Emerson

Jan

62%

124%

102 Va

16%

El Paso Natural Gas_

14%

62%

125

102%

16%

6

x29%

62%

124%

102%

15

3

11,

63%
125 Vb

102 Va

*115%

11 y4

15% Mar
29% Feb

*

116

*11

28% Jan

3

62%
125

125 »/2

102 Vb

102%

51

Xl6% Jan

200

2,100
7,000

81%

16

Nov

17%

13%

15

18 %

135

17%

20

13

Jun

132%

6,700
12,600

13%

Feb

12 Va

17%

109

133%
17%

133%

109

48%

1

common

Electric

110

2,900
1

20

Jan

10

"108

15%
60 y8

13%

13% Feb

Jan

110

15%

500

20

26

Dec

*108

17%

17%

50

14%

60%

132%

171/4

Oct

Jun

79% <80

61

17%

17%

May

8%

80

12%

Elec & Mus Ind Amer shares

16

2% Feb
42% Jan

18

37% Feb

15%

79 %

60%

47%

100

Jan

15%

81

60%

131%

xl7%

100

4%%

15%
79%

132 Va

17%

13%

,

59%

131%

2.50

Ekco Products Co common

15%

33%

5

100

Eaton Manufacturing Co
Edison Bros Stores Inc common

preferred—

*108

60%
109 VB

34

*52%
12%

10

common

Jan

75

13%

5

2 Va

28% Feb 23

2,100

*52 %

Electric Auto-Lite

8

Shares

13%

52%

Electric

7

the Week

52%

5

67% Feb

-

*52%

6

25% Feb

Mar. 3
$ per share

52%

8

NOV

Sales for

Friday

Mar. 2

*52%

19% Feb

Nov

Thursday
I per share

53

38% Feb

75

4 per share

<

52%

46% Jan

28%

Mar. 1

52%

0

Jun

Wednesday

*52%

13

Jun

13%

Tuesday

•12%

1

24

17%

18

*37Va .37%

Jan

48

400

12%

13%

16

13

2,900
2,100

37%

35% Jan

11% Jan 25

2,000
<-

13%

42 Va Feb

see

*43%

13

37%.

Oct

footnotes

36%

14

Dec

For

"36%

37%

Dec

68

22%

36%

43 y2

13%

36 Va

July

^*13
'22%

44

37%

17%

3%

22%

14

45%

55

22%
36 Ve

38%

Feb

Jun

13

22%
36%

*37%

12%

48 Vs.

12%

22%

>

13%

33% Apr

13% Mar

2,900

38

32% Mar

Jun

4,200

22%

36%*

:

—

6%

22%

13%

10

10 y4

13

»

22%

LOW AND HIGH SALE PRICES

3%% convertible preferred
Duplan Corp

Convertible

13

—

6%

7

X22

62

38

12

51

7

6%

22 %

*58

38%

X8% Jan

Jun

13%

7

22%

61

*37%

Dec

Jun

678

22 Vi

*58

*8%

1

8%

iy8

7

61

No par
No par

Jun

34%

127/a

*58

*12%

■

Dunhill International

Boat

7,600

61

22%

108

4% %

600

23%

36%

.

133

6%

12%

23%

22%

1 »

36%

108

Corp

12%

23%

67/a

22%

36%

132%

Eastern

12%

23%

36%

,,<22%
'

55%

50%

*12%

23 %

22%

A-

13

12%

36%

108

Eastern

13

Jun

13

22%

54%

12%

23%

*58

22%

36%

56

12%

23 %

7Va

*7

.-v*2%

135

Eastman Kodak Co

" Jan

91/4

*12%

61

*106%

9

16% Feb

7

*58

55%

127/a

23 %

No par

1

29

Jun

61

22

common

24

Dec

4%

*58

56 %

*12%

No par

Feb

Jan

55%

13

23 Va

20,000

—No par

48% Feb
180

19

105

8,400

12%
23 y4

*133

Duquesne

32%

Jan

56

12%

Feb. 25

Ltd

DWG Cigar

Jun

100 Va

7,400

No par

10

Apr

51%

28%

$3.25 2nd preferred

20

14 Vb

29

28%

No par

Feb

21%

Jan

29

63%

13

23% Aug

28%

102%

Jan

42%

29%

*125%

10

,

28

5

6

6

28

No par

13

101

27%

57%

No par

14% Jan

Oct

29%

56

Preferred $4.50 series

13% Feb

94%

28

57 Va

Preferred $3.50 series

Deo

10% Feb

29%

57

10

16% Mar

202

6,100

28%

21

16 %

Jan

10

23

27

7% July

164

9%
22%

$4 preferred series A

11% Jan

9,300

9%

22%

64% Feb

116

34%

9%
22%

102% Feb

4

34

9%

22%

125'% Feb

4

34%
"

9%

9

10 y4 Jan

1,100

22%

13

113y2 Jan

Jan

10,200

35%

23

23 %

2

9%

600

43%

35%

23

60 Ye Jan

102% Aug
115% Jan

9%

23%

43%

23

122 % Jan

Oct

Jan

9%

*23 Va

35%

23

101% Jan 21

Nov

Feb

9%

23%

43%

43

2

Pepper Co

Du Pont de Nem

Jun

9%

150

2

Douglas Aircraft

61 y4 Feb

Jan

2

83 y2 Jan

97%

*23%

100 %

23 V*

No par

Doehler-Jarvis Corp

Sep

15% Jan 11
40 % Feb

8

43%

23 Ve

20

Per

Jan

18

119

23 Va

*99%
>100

50c

16%

Jun

100

Diana Stores Corp

NOV

17% Feb

8%

6,300

33 3a

* per share

share

81% Jan

78

8%

33%

Distill Corp-Seagrams Ltd

38 %

Dec

8%

32%

9%
*23

EXCHANGE

24 Va May

16%

8%

32 Va

Diamond T Motor Car Co

14% Mar

Feb

8%

30%

NEW YORK STOCK

Apr

43

8%

30 Va

participating preferred

Range Slnee Jan. 1
<
■Highest

Apr
Apr

48%

8%

8

4

101%

8%

30%

5

Nov

Jan

8%

30%

50

common

17

July

12%

3,100

30%

—100

i

38%

Jun

14%

*35%

Western

'53%

Jun

10

&

Raynolds class

Lowest

S per share

Feb

45%

x

Highest

24% Feb

14%

STOCKS

Year 1949

tper share

14%

100%

35%

(The)

Range for Previous
Lowest

70

14%

*100

42%

,

37%

100%

14%

42%

7

&

99%

14%

*35%

22

Devoe

99%

99 %

14%

35%

ctfs for preferred

Diamond

98%-

100%

43

7

3

100%

98

100

14%

23 y4

-

22

2

*99%

98

8%

1

22% Mar

5,300

*99%

8%

1

39 V* Jan

33%

15%

8%

Detroit-Michigan Stove Co

13

33%

100%

15

8%

Detroit Steel Corp
De Vilbiss Co

14

33%

42%

Edison

Jan

33%

23 %

Detroit Hillsdale & S W RR Co__100

36 Va Feb

.Jan

33%

'35%

Hudson

14%

Dec

Escrow

33

35%

&

11

33%

43 %

Lack

27

7,200

23%

Delaware Power & Light Co
13.50
Denver & Rio Grande West RR
Escrow ctfs for common
100

Jan

24

35%

Delaware

31

17%

22%

33

99

17'/a

22%

42%

Delaware

57 % Feb

*98

*99%

15

17%

22%

23%

3

3

33

*16%

22%

35%

17

14

32%

17%

22%

43%

14

Feb

32%

300

*16%

22%

23 %

10% Jan

52 % Jan

18

41,400

22%

35%

23% Feb

27

*17

y4

43%

3

Dec

18%,

23%

3

Dec

17
97

*14% -15%:

.

20

8% Jan

53%

16%
*96%

15 Va

32%

99%

29% Jan

30 Vb

17
97

*14%

22

100%

21% Jan 12

Jun

16%
*96%

14%

22 Va

15

16%
97

; 14%

*17Y»

*99V2

16%
*96%

14%

18%

*98 %

16%
97

*14%

22%

100

1

15%
*96%

14%

*96%

No par

common

preferred

Jun

'

22%

7

100

Deep Rock Oil Corp!

4

34% Mar

*17

1

B

ley*
97

14%

50c

19

12 %

15%

Decca Records Inc

13

15%

97

*14%

50c

35% Jan

Jan

15%

*96%

Dayton Rubber Co

34%

50

series

15%

-

20

Dayton Power & Light common
Preferred 3.75% series A

38% Jan

Dec

20

1
100

2.50 '

common

3

22

Jan

Jun

19

Mar. 2

Jan 23

21% Jan 23

92%

4% May

-

55%
62

56%
*60%

26%

.

102%
7

11%
56%
62

25%

18%
*31

*101%
7

11%

25ya
18%

18%

18%

32%

*31%

32%

102%

*101%

102%

110

7V4

7%

7%

20,400

12%

11%

12%

31,800

56%

57

*60%

62

57

*60%

57

62

300

800

10

5%

5V'2

5%

5%

5%

5%

9%

5%

5%

5%

1,300

9%,

9%

9ya

9%

9%

9%

10Va

3,500

;

5

10

10%

97/a

lOVa

1

Exchange Buffet Corp

10%

107/a

10%

107/a

.10%

107/a

10V2

10%

3

63%

64

*10%

61%

10%

10%

10%

64%

62V4

627/8

4,700

62%

64

2.50

*3%

64%

3%

3%

65%

65%

66%

9,900

3%

*3%

4

*3%

4'

*3%

3%

*3'/2

.

;

11,300

4.

V* 129%;

23
129

x,

.1,400

•.

; 53%'

8%:

x

128 Va

.

7%r

.:

i 134

t■•..■134

23 Ve

•

■128%

7

:

134%

"*53

1,100

..*23%; 23%.

7Va

>

'134

23%

129

)

12'/..: 12 Va

12%

:

53% I 53%
s

-

129

134

'

*12

23

D
87

>

175

8% ':

'

2,900

21%.

17%,.

10

-

57%-

*160

71

260
*■'

18%-

'21

.

8%
-

5,600

104%'

56%

175

68 V a

33

104%.

18%

.

21%
17%

-.

8%

.

71 :

7 V4

*133%

f

9%
24

.

7%
•*»

53

23%

•

.

23

,

7%

.

53 >/,,

,

130

25%

8%

12% !• 12%,

;i34 r 134"

9y«..
-

8%

*68%

12

23%

*127

25%

\

17

e

*160

%

4

12

23%

24

'<

.

»"

72;

j2

9"

-

.

<

57%

21%.

•

175

32

104%
.'*103

18%

57%

17 Va

*160

'

32%

104%
: 104 %

'

18%

;

.'21% 4 21%
.17%

8%

*103

56%

1

>

23%

"*52%
v

56 Va

17%
"J

121'o

'104%

104%;
38%

•»

180

8%

69%

32%
104 %

<18%

)

20%

17 Vb

*160

600

'

32%

104%
*103

t>

18%

8'/a

V l33Va

9%

%

105

>

105

*103

uy,

53

*126

No par

32%

*104%
:•

17%

69%

-.7

1,500
3,700

23y2

i33V2

*52Y4
8

.

1004

:——

—

Cushman's Sons Inc 7%

Cutler-Hammer Inc

'

*132

__1"

'
.

13'/a

16%

180

8V2

23%

.6%

;

No par

common

11%

*23%

13

30

21%

%

17

71

*11%

par1

21

x

*29%

13%

16%

57%

*160

8%

.

6,400

*102%. 102%

13 Ve

30

32 Va

57%
*

29%

28%-

*101% 103

13 Va

16%

18%

>

29%

103

30 Ve

18y4

17 Y4

29 %

29 Va

13%

16%

18Y4
22

14,400

30 Ve

lOdYa

180

9,800

2%

16%

105.'

*17

5%

2%

30

104%

* 22

28 %

5%

2%

16%

105

*160

160

5%

2%

.16%

105

57%'

185%

5%.

16%

104%

57%

3,600

16%

*104V4
18

185%

184%

f

40

70

39%

16%
*39

32%

%

69%-

3,000

5j/4

*101%

30

184

69%

13%

2%

2%

13

*29%

69%

185

*5

103

13

30y«

70%

185

28%

*101%

*103

—No par

Class A

29%

17

39'/4

No

common

140

13%

101

'

1,900

63%

*101

•

3,900

56

14

102

—*.—100

Publishing

*48 Va

-

25 y4

64%
101

5

25%

13%

2.50

Prior preferred—

25%

64V4

No par

preferred

Curtis-Wright

4

"B

,

14 %

No par 4

$7 preferred
<

*"8

"<

64

*100V4

3'
Cunningham Drug Stores Inc—2.50

2

.55% Jan 28

xl6%

12%

*101

Cuneo Press Inc

9

134% Mar

12%

2%

Cudahy Packing Co common—_10

5

1

*12%

16%

*5

'■

3

11% Feb 24
23

*54%

102

*
-

55

184%

non-cum pfd
100 '
Cuban-American. Sugar common—10
7% preferred
100 '

.

31

Mar

25%

*54V4

12%

70%

Cuba RR 6%

Feb 14

175

15,200
10,400

55

*101

Crucible Steel of Amer com—No par
5% convertible preferred
*_100

11

6%
57%

*12%

No par
common

6%
57 Ve
<

*54V4

100

Corp
$4.2o preferred—^
$4 2nd preferred—

16

16%

12%

25

Zellerbach

57%

16 %■

54%

101

1

Crown

57

16%

12%

'•

*100Y4

2'

27

104 ya Feb

100

of

Shares

54 y4

32

pfd 3V2%

$2 preferred

57%

6%

13

63

5 '

Wheat Corp (The)
Crown Cork & Seal common

3

,

6 %

55%

*48%

preferred

53%
16

57

6%

*54%

*14'/a

Cream

19

.

56%

6%

*12%

1

Creameries of America

3

36%

57 Va

6%

13

50

3%%

6%

55%

20

Crane Co common

i;

$ per share

'

6%

16 V2

r

series of 1947—100
Refining common__25
preferred
100
Coty Inc
1
Coty International Corp
1

31

t

*16%'16%
25%
25%'

Dubilier Electric Corp

Cum

6Y2

Sales for

the Week

•

Mar. 3

*12%

7%

3

Feb

8%
23

58y2

Corn Products

2% Feb 25

8

series

6%

Friday
-

$ per share

*54%

5 '

Corn

3

9

5 4

common

pref 5%

6%,

Exchange Eank & Tr Co
Corning Glass Works common
3 J/2 % preferred

Cornell

5

67% Jan

2%

96

101 % Ja n

100 '/a Feb

5%

Jun

Convertible

3

182% Feb

Jun

21%

Feb

Dec

3% Mar
1%

Copperweld Steel Co

3

Sep

73%
189

Jan

34

28% Jan 13
100% Feb 21

Deo

Jan

57

11

Jan

Feb

Jan

171%

Jan

12

1

Continental Oil of Delaware

9

20

58%

Apr

94

60% Jan

54

Feb

Continental Motors

9

52

49% Mar 1
20

55% Jan 25

55% May

'

Jun

7 % Jan

Thursday
Mar. 3

t per share

-

16%

Cooper-Bessemer Corp common
5
$3 prior preferred
No par
Copper Range Co
—No par

3

<•

Mar. 1

47%

6 % Jan

PRICES

Wednesday

4

200

Volume

the

Number 4887

171

commercial

Range Since Jan. 1

Year 11)49

Lowest

Highest

I per share

financial

chronicle

STOCKS

Range for Previous
Lowest

&

t per

$ per share

NEW

Highest

YORK

LOW AND

STOCK

Monday
Feb. 27

Feb. 28

Par

$ per share

t per share

Thursday

Wednesday

Friday

Mar. 2

Mar. 1

$ per share

13

PRICES

SALE

Tuesday

Feb.25

EXCHANGE

S per share

share

HIGH

Saturday

(957)

Sales for

Mar. 3

I per share

9 per share

the Week

$ per share

Shares

1,700
1,900

f
34

Jun

19

Feb

25%

Oct

23 Va Jan

3

Feb

4

Fajardo Sugar Co

19%

Oct

23%

Dec

20 Va Jan

23

22% Jan

7

Falstaff

12% Aug
% Jun

15'/8

Oct

14'/a Jan

3

17V8 Feb

23

Family Finance Corp

7%

Jan

% Jan

3

l%Jan

14
13

41'/a

Jan

33% Mar

1

42% Jan
25

11 y8 Mar

15'/a

Dec

15% Jan

3

16% Jan

32

Jun

38%

Jan

36% Jan

9

39% Mar

14%

Jun

18%

Nov

17% Jan

13

3%

Jun

6%

Jan

4% Feb

14

33% Jan

24%

Feb

36

95 % Mar

104

Dec

19

Fairbanks Morse & Co—

11

Federated Dept Stores common

104% Jan

18

13% Jan

12

12%

Jun

17%

Dec

17% Jan

3

19% Feb

27

81%

Dec

80% Jan

19

56

Dec

52 % Jan

63 ya July
43

July
May

105
53

Jan

11 %

Jan

Dec

67

Jan

17

Jan

13

Jan

3

28

.

18'A

Jan

Jan

30% Jan

4

Dec

103% Feb

27

Jan

31'/a

104%

18'/a May

13%

5

17%

Jun

98 y2

106% Jan

24% Jan

73

18 Va Jan

3

20% Feb

Mar

33 % Jan

4% %

2

20

Feb

preferred

T

$4 preferred
Florida Power Corp
Florida Power & Light

i

21% Feb

15

15% Jan

10

Florsheim Shoe class A

14% Mar 12

1

8%

Feb

14%

Dec

14% Jan

3

19% Feb

Follansbee Steel Corp
Food Fair Stores Inc__

28

27

Jan
Nov

89% Jan

3

96% Feb

10

96%

Oct

96

Jan

7

99

30

33%

Dec

29

Jan

25

35% Mar

25'/a

Dec

24

25

Jan

13
•

30% Jan

Food

18

<

19 %

Feb

Co_:

2

Jan

30

Jan

16

12% Aug

9% Jan

3

11% Jan

27

8

Jun

10% May

9% Feb

3

11% Jan

10

Feb

6%

19%

19%

65% Feb
19y8 Feb

10

23

3

Feb

16

22% Jan

9

Fruehauf Trailer Co common

78%

Feb

75% Jan

3

80

Feb

1

7 Va

Apr

5% Jan

3

7% Feb

16

Gabriel Co
Gair Co

5,000

•

37 Va

37 Va

104%

.104%

104%

*104 %

104%

12 Va

12%

12%

12%

12%

900

19%

19%

19 V*

19%

4,200

38%

37%

38

37%
;

38

19%

19%

"82%

83%

58%

59%

105%

;

105%

106

106

105%

105

83%

83

83

58 Va

59%

58%

83%

800

58%

2,300

72%

72%

72%

72

72%

72

73

72 %

73

2,200

13 Va

13%

13 Va

13 Va

13 Va

13 Va

13 Va

13 V*

13 %

13 Va

1,500

31%

7,600

*

31

31%

105

31%

xl03%

26%

31%

104

19%

19%

31 '/a

31%

31'A

*103%

104%

♦103%

104%

*103%

25%

•25 %

26%

25 %

25'A

19%

19%

19%

20

12,200

21%

21%

30,000

13%

14

31%

31%

11103%. 104%

26%

*26

"26

32

60

104

20

19%

21% '
14%"

21%

21%

21%

21%

13%

14'/a

14

14

:

14 Va

14%

14%

14%

514%

14%

28,900

Xl7%

18 Va

18 Va

18%

18%

18%

29,000

29%

5,100

;

21%

21%
14 Va

21%

21%

14%

14%

*14Va

14

*14%

14%

14

14%

18

18%

19%

18%

19

29 Va

29%

29%

29%

29%

29 Va

29%

93%

93%

92%

93%

93

93%

92 Va

92'a

98

98

97%

98%

*97%

34%

35%

34%

35%

35%

35%

24%

'

•17%

-•

29 y4

29%

29%

29%

*93 (v

94%

x92%

93 %

"98

98%

98%

98 Va

*98

33%

33%

34%

34

98%
34%

24%

♦24

11

33%
"24

*

24%

*24

24%

*24

10%

*10%

11

*

9%

4

24%

24

24%

*24 Va'

*10%

10%

10%

10%

10%

9%

9%

9%

•9%

9%

9%

6* Va

10 Va

*9%

60 7u

»

1,400

150

200

99

14; 500
70
500

11

500

9%

20%

600

64 Va

*75

*6$",4

6i>7rf

64%

65 Va

,64

17%

17

17

17%

*16%

17

17

17

*17

17%

200

20%

*17

100

200

19%

19%

25%.
19%

26%

13

v

220

71 Va

13 '/a

Va

21 y8

1

110

105%

-

14%

.

1

*

1,800

105%

19%

,_lo
Froedtert Grain «fe Malting Co Inc_l

20

1,100

4%

105%

*64 va

13

16% Feb

Dec

18 Va

4%

105%

71

31%

900

*17%

4%

12%

19%
83%
59%

65

57% Jan

Dec

preferred

19 Va

38

16

39%

18

4%

4 Va

1,900

4,700

15%
39 Va

104%

12%

"64%

Nov

17%

23%

4%

104 %

*12%

9%

60

v

104%

12%

10

Jun

Sep

38%
104 %

19 Va

"26

*4%

4%

1

1

16

18

18%

♦18

18%

4%

t

39%

15%

♦38%

12%

*9%

Jan

16 Va

38%

37%

*10%

16%

18

15%
38%

*103%

1

;

16

38%

12%

No par

11%
67

37%
104

105
•

25

_

4%

13 y8

10

prior preferred

18%

4%

71

Freeport Sulphur Co

*38

i

18%

4%

105%

100

Francisco Sugar Co
Franklin Stores Corp

Jun

18%

15%
*38%

59

-100

common

16

38%

83

_10

--.-I-

15%

38%

60 Va

No par

convertible preferred

preferred
Foster-Wheeler Corp

16

39%

83%

1

3%%

8% Nov

21%

3,000

60

Machinery & Chem Corp—10

3%%
'

Jan

-

16%

1 Va

83%

..No par

3

29 y2

16%

1%

60%

.,7%

15

92%

16%

1 Va

"i05y4

No par

13% Mar- 1

Apr

16%

1 Va

1%

83

No par

11% Jan

May

16%

1 Va

1 Va

60 y«

No par

bet

July

16%

1 Va

*82%
-

100

*

.

'

25

Jan

78

16%

19

;_10

com

Florence Stove Co

28

89

17

"37

1

15 y2

20%

16%

1%

103%

24%

,

2,300

17

"12%

Sep

May

20%

100

9%

12

24 Va

20%

—5

First National Stores

4

:

39%

24 Va

20%

*4%.

Firth (The) Carpet Co
No par
Flintkote Co (The) common__No par

9

Jan

27% Feb

39

24%

20%

"18%
,

5

preferred

Firestone Tire & Rubber

20

106

39

24%

20%

15%

No par

Fidelity Phoenix Fire Ins N Y

2

14% Jan

5

Dec

4%<%

20

15

39

24 Va

20%

-"39

_5

Motor Truck

Felt & Tarrant Mfg Co—
Ferro Enamel Corp
:

8

60% Feb

Feb

69

July

21%

83% Feb

13

105

107% Mar

38%

24%

20%
16%

1%

1

27

38 % Feb

3

3

38%

24%

20%

2

Federal

13

39%

24%

21%

Federal Mining & Smelting Co

Federal-Mogul Corp

Jan

39

24%

21

17

10

11% Jan

103

40 Va

24 Va

21%

1
1

common

Liquidating Corp___.
Fedders-Quigan Corp

17

Jan

*39%

24%

"21

Feb

20%

39%

24%

1

5% Jan

Nov

39%

,_20

FAR

3

10%

Sep

No par
1

Brewing Corp

20

20%

20

20 Va

20 Va

20%

20 Va

20

20%

8,900

77

77

73

76

73

77

*75

6*"/4

*16%

20%

130

77

*75

77

*75

g
4%

Jun

4%

Jun

7%

Oct

7% Jan

3

8% Jan

10

14%

Jun

18%

Dec

17% Jan

12

18% Jan

28

Oct

9%

Jan

6% Jan

3

8% Jan

20

31%

Oct

41%

Jan

35

Jan

3

38% Jan

12

13

Feb

17%

Dec

17

Jan

10

18% Feb

11

15

Jun

19

Apr

xl7% Jan

3

10%

Jun

15% Jan

3

6

16%

Dec

3%

Jun

6%

Feb

Jun

32%

Feb

15%

Jun

23%

Jan

13%

Jan

19%

Dec
Jun

105

Jan

41%

Sep

99

107

9%
152

106

163%
"15

Co

(The)

19% Feb

10

Garrett

5% Jan

12

Gar Wood Industries Inc

27% Jan

12

4

20% Jan

11

Gaylord Container Corp

Jan

3

11

General

Jan

11
13

12

10% Jan

19% Jan
107

Mar

2

53 y4 Mar

3

(The)

Amer

Feb

27

31

12

Jan

5

165

Feb

12

$8

7

9

75

Jan

9

14

30% Jan

9

17

Jun

20

Apr

16% Feb

16

18% Jan

11

129

Jun

139%

Apr

130% Mar

2

138% Jan

34

Jun

42%

Dec

41 y8 Jan

13

47

Feb

23

39%

Jan

48%

Dec

47% Jan

13

50% Feb

3

93%

Jan

100%

Dec

Jan

20

13 % Feb

16

General

Instrument

3

General

Mills common

6% Feb

100

14

Mar

2

9y4Jan

103

x6%

Jun

13 %

Jan

8% Jan

4

44%

Jun

56 %

Dec

54% Jan

16

123%

Jan

128%

Ju*

126

Jan

13

112

Dec

109% Jan

10

113

56% Mar
Jan

conv

19%

19%

19 vs

18%

19 Va

106 Va

106 Va

49%

49 %

49%

1%
•

18%

106%
49

5%

3

I per share

63 % Jan

123 y8

Jan

127% Sep

Jan

104%

13

Feb

NEW
.

13

78% Feb

10

5

127% Mar

102% Jan

6

104 Va Feb

19 y8 Jan

3

21% Jan

16

Jun

19% Sep
38% Dec

34% Feb

17

Jan

13

11% July

16% Mar

13% Jan

4

16 Va Feb

20

3% Feb

10

3% Jan

9

18% Feb

20

38

3

11%

11%

11%

165%

♦163%

165%

17%

17%

17%

17

23

Feb

7%

Nov

6% Jan

20

7% Jan

6

General

24%

Jan

23 Va Jan

31

Mar

34

Dec

x31% Jan

18

34

99 Vs

July

122

Jan

113

Jan

5

119

22%

Jan

31

Nov

18%

Jun

27%

Dec

50

25 % Jan

28% Jan 13

*100

100%

200

11%

10%

11

10%

10%

10%

10%

10%

10%

12,500

No par

55%

55%

55%

55%

56

56%

55%

56%

56

56%

56%

56%

2,000

129%

*128'A

129 Va

129

129

113

*111%

115

113

113

:

i

100

*123%

129%

*128%

100

"111

112

*111 Va

Portland Cement

General Public Utilities Corp
Gen Railway Signal com

6%

Realty & Utilities^

9

General

5

General

Gen Steel Castings $6

25% Mar '3

General

_5

18 Va

No par

23
*126%

10c

7

No par

*24%

1

,

pfd

33

No par

115%

11

Gleaner

31

23

Glidden Co

Jan

9

14

Jan

43% Jan

13

Sep

103% Jan

Jan

8% Apr

50

107

Mar

3

Feb

8

7% Jan

Jan

9

Dec

29

Jan

37% Feb

28

Grand Union Co

28%

Jan

243/4 .Tan

35% Feb

27

28 y4

32

Dec
Dec

16%, Apr
36%

Jan

Oct

26% Feb
100

Mar

23

27% Jan

2

102% Jan

28

•

33% Jan

5

35% Jan

17

13

11%

Jun

Jan

12

33 y4

Jun

43%

Jan

40% Jan

44'A Jan

10

16 ya

Jan

19%

Oct

18 % Jan

21% Feb

23

144% Mar

137% Jan

147

/14 y8 Sep

133% July

62%

12

Jan

Mar

Jan

71

Jan

30

Dec

41

Jan

44% Jan

12

Green

Jan

15

14'A Mar

13

Oct

12

July

10% Jan

93%

Jan

100

Jan

18% Jan

24% Feb

15

7% July

6% Jan

8% Jan

19

5

Feb

92

Jan

•

20%

1

101

Dec

Jun

14

Jan

12% Jan

15% Mar

3

54 y2

Dec

51% Jan

56% Mar

3

100

Jan

103

Jun

71%

Jan

59 y» Jan

25

16%

Jan

22 y4

Dec

21

Jan

3

footnotes

se?

page




21

20.

63% Jan
24% Jan

3

13

103%
24%

103%

•101

24%

23%

83%

83%

*83%

86

*84

75%

*73

75%

*73

i*73

75

9%

•

*73

9%

38%

38 Va

*95%

38%

95%

95%

14%

14%

14%

84

84

83 Va

83%

56

*82

97%

*20 %

20%

2,300

29%

29%

8,700

20

20 V*

20 %

20%

29%

30%

29%

30

10%

10 Va

56
10%

*107%

108%

*107%

108%

15%

15

•107%

15 Va

83%

56

♦55'A

10%

*55%

84%

56

15

14%

*55%

14%

14%

11

10%

108%
15

14%

84

84

83%

84%

83%

84 Va

103 V4

103 Va

103 Va

103 Va

103 Va

103 Va

103 Va

103 %

103%

48 V4

48 %

43%

48 %

48 %

48%

48%

48%

48%

49

♦106%

107

106%
12

2'A

.

106%

*106%

12%

11%

2%

2%

107%

109

*106%

11%

11%

4,000

2%

2%

2%

56,100

8%

8 Va

36%
34 Va

26%
101%

27

lOtVa

17

.

17

..

8%

8%

8%

37%

8%

36%

36 %

36%

•35%

35

33%

34%

27%

27

27%

101%

100%

100%

17%

16%

16%

35%

33

27%
100

16%

,

8%

8%

8%

36

36

33%

32 %

32%

24,800

27%

2,500

27 Va

27

100 Va

*100

16%

16

16%

*35

35%

35%)'

101

35%

*35%

35%

12%

12%

12%

*12%

12%

12%

12%

12%

12%

12%

12%

5,800

41%

41%

42%

41%

42 Va

41%

42

41%

42

41%

42 Va

4,200

21'A

21%

21

21%

21

21

21

21%

21

21

21

21 Va

2,100

*145

146

*145

146

*63

70

*144%

35%

146

144%

144 Va

'

145 %
♦63

146%
70

146%
*63

147

44%

43%

44

44%

44%

44 Va

44%

*1414

15

14%

14%

*14%

15

14%

15

14%

14%

14%

14%

10%

11

10%

11

10%

11

11

10%

11

100

99 %

99 %

98%

99%

98

99

Grumman Aircraft Corp
v—1
Guantanamo Sugar common,
1
•
$5 convertible preferred
No par

23 %

23%

23%

23%

23%

23%

7%

7%

*7%

7%

7%

7%

No par

140

70

*43%

1,300
1,800

(The)—

Common

3

preferred

preferred

*43%

1

70

35

44

$5

*63

-,

44

Gulf Mobile &

290

5,500

41%

•35

44%

4%%

3,600

12%
-

100

Greenfield Tap & Die Corp

1.200

36%

*35%

*34%

No par
No par

(H L) Co Inc

200

11%

35%

16%

1,900

7,600

2 Va

34%
26%

107

11%

33%
101%

5,900

50

2%

8%

16%:

2,400

11%

33%
27 %

107

14%
84

103%

2%

34%

102

48%

10

11%

8%

27

%

,

16,600

108%

2Va

32%

"16%

14%

83%
103

11

100

11%

34%

*10iy2

10%

4,500

2 Va

2%

5

1

108-

103 Va

56 Va

*56

*107%

-

11%

12

8%

♦106%

200

84

30%

10%

4,100

*82

20%

56

97

84

♦82

30

107%

38%

97

15-

20 Va

10%

38%

6,700

9%

*14%

21%

107%

Va

15

30%

*55

11

160

75 Va

9

4,800

86%

*73

38%

*96 Va

14%

23%

*84

9%

38

38

97 Va

23%

86%
75%

9%

38%

38

15

30

109 %

9%

14%

96%

14%

9%

*95%

38%

96%

9%

9%

104%

*102

70

*

56%

For

Feb

24.

83 Va

*63

11

Jun

9%
41

*101

24

83 Va

70

Greyhound Corp
100

103%

23%

590

*63

28

Jun

July
Apr

97 y2 Jan

15%

Mar

11% Jan

*101

24%

84

--—5

Green Bay & Western RR

Jun

103%

.

23%.

83

100

65

9%

*101

15%

__L 100
com

preferred

Nov

11%

2,000

10 Va

conv

43%

33% Mar

25%

10

.

preferred!

67

Dec

25%

No par

,

Gt Northern Ry 6% pfd
Great Wfestern Sugar com

7%

25

*107V2

preferred——No par
Gt Northern Iron Ore Prop—No par

3

24 Va

x21%

1

(The)

Grayson-Robinson Stores
$2.25

1,700

24

21%

No par
No par

Grant (W T) Co common

3%%

%

._10

Granby Con sol M S & P

9

17% Feb

15 % Jan

29

_1

Granite City Steel

101

29%

30%

No par

30%

Jun

29%

30
*55

1,200

29 Va

83%
lo

2,200

33

119

23%

29'/a

24

75

23%

33
118

117%

21 Va

50

33

33

5,000

117%

*82

Graham-Paige Motors

Jun

Apr

38%
*95

(B F) common—No par
$5 preferred
No par

Jan

11

*9%

Goodrich Co

16%

93%

*73

103V2

23%

23%

1,100
,

7

7

15,700

117%

100

com

33

,.

;

,

33

84

Goodall-Sanford Inc

23%

23%

17%

22%
128

117

*82

Telegraph Co

10

24

7%

6%

17%
22%

*126%

33

15

convertible preferred

18

*32%

22%
128

117

15

Brewing Co

16%

20% Mar

83%

2.50

$5 preferred
Gotham Hosiery

9

*23%

No par

common-

2% Feb

1% Jan

x24

6%

18

17%

22%.
♦126 Va

117

5

Harvester Corp

Goodyear Tire & Rub

24%

128

7,800

116%

33 %

No par

13% Feb

11% Mar

*101

,

$4.50 preferred

10

500

116

23%

-100

common

22%

6%

23%

24% Jan

18

7

23%

3

84% Feb

6%

33%

24%

.

*126%

7

7

18 Va

17%

22%
*126%

23%

25

104% Jan

25
33 %

115%

'

18%

23%
128

23%

24% Jan

3

.

18 Va

*22%

23

18% Jan

20

*126%

7

18%

22%
128

23

28 y4 Aug
25% Dec

24

18 V«

23%

3%

29

Dec

69% Jan

18%
23

128

-

29

Jun

101 y2 Jan

35

29

17%

Dec

21

29%

21

Aug

21

2.9

1

•4%%

21

29%

83 Va Mar

1

preferred

Gold & Stock

21%

29

10

Goebel

20%

20

Jan

2

20%.

4,100

preferred
.-100
Georgla-Pac Plywood <fc Lumb Co
1

5

1,500

20%

4,000

80

11

800

21%

21

*20%

3%

Oct

Feb

103%

14%

80%

Jan

127 %

103%

3%

72% July

;

127%

104 Va

14%

Glmbel

12

127 Va

104

35%. >36%

Gillette Safety Razor com——No par
$5 convertible preference
No par

56

♦126%

104%

3%

9

112% Jan

127%

104%

14%

3

23

*126%

104'A

36

24

25

126%

104

3%

Telephone Corp

(The)

126%

104 %

14%

16% Jan

Feb

126%

35%

.

Refractories
Shoe Corp

Brothers

30,100

76%

14-

38% Feb
Mar

Shares

76%

76

75%

35%

4

97

share

75%

3 Va

13

Jan

per

75%

14%

28

102

<

75%

35

100

3

126%
*104

I per share

75 Va

76

75%

3%

preferred

Mar

11

%

$ per share

t per share

76%

75%

14%

Jan

3%

Sales for
the Week

S per share

35 Va

90

16% Mar

Mar. 2

3%

14% Feb

Jun

Friday
Mar. 3

Thursday

14%

33% Jan

iy8 May
5% Feb

i

Mar. 1

34%

Jan

10

,

Wednesdays

3%

Jan

106

.

14%

Dec

Jun

SALE PRICES

600

35%

17%

98%

Feb. 28

100

Va

3%

91

45%

HIGH

Tuesday

Feb. 27

*99

*14t%

37%

Jun

112%

:

3%

6

34

♦128%

100

14%

10 Va Feb

14'A Jan

129

113

100

100'A

3%

25

Sep

*100

*00%

34%

8% Jan

19

5,300

*14%

Feb

72%

31,100

49%

1

3%%

104

46%

49%

10c

14

24

46%

Mi

No par

Co

72% Feb

Jan

46%

49'A

Monday

9 per share

10

7

.

46 Va

49%

Feb. 25

Jan

10'/a Feb

130%

46%

49 Va

Saturday

EXCHANGE

4%%

54

vi

LOW AND

1

131%

45%

49%

129

112

STOCK

130%

46%

131

,

•

*112%

129%

preferred

General Tire <fe Rubber Co com—5

107% Feb

170

132

*131

100%

14

Jan

8Q
900

17 Va

11

12

Dec

130%

17 Va

*100

25

Dec

17 Va

11%

24% Feb

10%

17 Va

100%

83% Feb

Jun

131

17%

11%

3

Jun

131

17%

28

100%

23

Jun

131

6,500

74

l

19 V4 Jan

14 y8

17

7%

73 Va

—No par
sNo par

77% Jan

52 ya

17

*

*27%

28

49

Apr

100

17

7%

7%
73%

♦27

46

Corp—

Jan
-

29% Jan

1

55

28

17%

7%

73%

74

*27

13,300

49%

Jan

116

*73

27%

a

17 %

46%

Jan

Jun

7%

7%

74

2,800

11%
1651

49%

:

YORK

7%

74
#27

17 %

46%

77%

Jan

17

.■

163 Va

49%

21%

July

28

11%
*

46%

102 %

5%

-

74

*27%

17

131%

Jun

48

7%

7%

*73

28

17 Va

200

49%

Apr

*95%

7%

17

?

46%

July

Jun

••

7%
73

17

par

General Time Corp common—No par
4%% preferred
100

Jun

;

7%
73

*27%

35

General

24% Feb

Jun

105 Va

131%

Gen Precision Equip Corp
General Public Service

126'% Feb

12 y4

*104%

11%

2i

6

79%

5,200

105 %

♦163%

*20y4

4

24

53 %

104 V2

11%

JNo par

3

12%

in=; 1#,

100

Gen Outdoor Advertising

19% Jan

Jun

140

52%

165 Va

126%

16% Jan

24

5y4

107%

51%

107

11%

104Va

121% Jan

68

19%

*106%

*

*163%

104Va

Dec

Mar

19'A

50 %

106%

50%

17 Va

*126%

Jan

73

1,000
7,300

11%

No par

Nov

Sep

#104 1/o

105

19:%

19%

165%

No par

20%

64

105

10">

19%

16%

1

17

10

10o%

50

19%

19

11%

Preferred $3.75 series

124%

Jan

106 %

*

50

100

19 V.

19 Va

No par

Corp com_

$5 preferred

Jun

101

106%

2,700

19 Va

*163%

General Motors Corp common

May

2iy4 Feb

19'A

106%

3,100

5
26 %

16%

Par

11

15%

18%

19 Va

4%

*25%

'

x125V2 Jan

Dec

19 Va

19 Va

19

26%

11%

$ per share

Dec

67

300

25 %

165%

:

convertible

Highest

$ per share

72% Nov

*97

99%

900

18%

18 V2

5

4%
*

11%

?.

'

Range Since Jan. 1
Lowest

Highest

19%

19%

STOCKS'

Year 1949

5

25%

16%

100

preferred

3%%

105

19 Va

,

4%
25%

4%
*25

*163%

No par

$3.50 preferred

24

105%

*105

18%

5
26

5

5

preferred

General Electric Co
General Foods

5

19

49

2nd

Range for Previous

Jun

*19v4

preferred
General Cigar Co Inc com—No

9

129 Va Mar

Apr

4%

19%

26%

*106V4

General Cable Corp com—
4% 1st preferred

20

20%

700

18%

18%

19

19 Va

*25%

5

Jan

4%

18%

xl8%

5V4

Corp

27% Feb

Jan

18%

No par

Bronze

71

15 %

18%

*18%

19%

5

preferred

General

Jan

11%

18%

13%

26%

No par

1

17% Mar

Jan

120

18%

18 Va

*5 Va

General Baking Co common

5

Jan

Jan

3%

18%

18%

19%

com__l

$4.25 preferred series A

10

Jun

18%

18 %

35%

200

1,800

*18%

35%

18 %

*35

4,300

7 %

*

35%

*35

4,200

7%

35

35

36

18

1.66%

Investors

31

2y4

*7%

7%

18%

*

*25%

Transportation

79%

22%

7 Va

7%

7%
18%

*13

18%

18 Va

36%

18%

18%

1

$4.50 preferred
General

Apr

Jun

7 Va

7%

7%

♦18

18

36%

100

American

Jun

51%

7

7

7%

7%

7%

7'vh

18%

36 Va

*13

2

Jun

9 per share

7 Va

7%
*18

13%

7%

7%

7%

7%

7%
*18

50

com

convertible preferred

105

13% Jan

161

Corp

4%%

24 Va

Lowest

7

7%

7%

7%
18

*18%

No par

65%

97

50

36 ya

7%

'

18

7%

*7 %

.No par

Co

1

Va Jan

103% Jan

Dec

6

Gamewell

Gardner-Denver

2

45% Jan

Jan

Feb

18% Mer

18% Feb

Dec

Oct

9%

i

13%

5

Gamble-Skogmo Inc common
5% convertible preferred

7%

7%

7%

*13

20

18

Jan

11

Jun

7%

1

common

7%

7>/«

1

(Robert)

3

4

25% Mar

48% Nov

July

Inc

preferred

•

21%

103%

6%

(The)

Ohio RR com_No par
;
No par

Gulf Oil Corp
Gulf States Utilities Co

25
—No par

'

102

102

*102

103

102

102

10%
*98
23

7%
*102

54,100

11

10%

99

99

99%

23%

23

23%

22%

23%

9,700

7%

7%

7%

800

7%
105

♦7%
•102

105

*99

102

100

102

260

150

14%

14%

14%

14%

14%

14%

14%

14%

14%

15%

15%

15%

28,500

54 Va

54%

♦53%

54 %

54%

54 %

54%

54%

54%

56 V*

56

56%

1,900

61%

60%

61

60%

61 Va

60'A

60%

59%

60%

12,100

24 Va

23%

23%

23%

24

23%

23%

23%

23:%

10,000

61

61

60%

24Va

24Va

23%

-

(958)

14

THE

COMMERCIAL

NEW
Range f0r Previous

Range Since Jan. 1
Lowest

Highest

$ per share

FINANCIAL. CHRONICLE

YORK' STOCK

$ per share

NEW YORK

Highest

$ per share

Saturday

Monday

Tuesday

Feb. 25

$ per share

Par

,

1950

RECORD
PRICES

ALE

STOCK

Feb. 27

Feb. 28

EXCHANGE

Monday, March 6,

.

STOCKS

Year 1949

Lowest

&

$ per share

4 per share

Mar. 1

Sales for

Friday

Mar. 2

Mar. 3

>•■>'"

$ per share

$ per share

$ per share

,

Thursday

Wednesday

the Week

$ per share

Shares

H
31

Jan

39%

Dec

33% Mar

2

46% Feb

14

16 %

Jun

24%

Dec

22% Jan

13

25% Jan

30

Halliburton

12

Jan

14%

Dec

14 Va Jan

4

15% Jan

12

Hall.(W

11%

Jun

13%

14Va Jan

12

72 %

July
Apr

81

Jan

108%

Nov

104 %
18%
142

Nov

Dec

23%

May

12% Feb
77

16

Hamilton Watch Co com

5

80 Va Feb

8

14

107% Jan

3

Hanna

Harbison-Walk

20

Jan

3

Feb

145

Jan

5

4%

-23

Feb

6

146

'

Feb

1

25%

Dec

23% Jan

27% Jan

7%

Nov

5% Jan

3

7% Feb

10

5

71% Feb

21

1 :

11

10

Jan

68%

Oct

64% Jan

6%

Jun

10%

Dec

9% Feb

5%

Jun

,

3:

8% Jan

Feb

25

Dec

21% Feb

9:

24% Jan

25%

Dec

25% Jan

3

29

Jan

84

Jan

95%

Dec

30

Jan

37%

Dec

98%

Jan

23%

Jan

32%

37

Dec

.42%

93%

Dec

34%

Jan

13 ys

Jan

40

105

Jun

122%

31

125

95% Feb
1

41

106% Jan

32% Jan
42% Feb

Heinz

3

23

53

127

Feb

Mfg

3%%
-

18

20% Mar

25

•

Industries

Hayes

17

7

Ja.i

*146

Marx___•

Cojrp

3.65%

J)

W)

Jan

6

Jan

24

5%

45

Dec

40% Jan

25

46% Jan

11

Hershey

53%

Dec

53% Feb

18

56

Feb

8

4% %

preferred series A—

52 V#

Dec

51% Jan

6

53% Feb

3

4%%

preferred series B__-—

21%

Jan

15% Jan

3

22% Feb

18

21%

Jan

13% Feb

10

18% Jan

7

20

80

14%

Jun

77

Dec

84 %

Sep

74

8% May

12%

Dec

11% Jan

4

12% Jan

11

15%

Dec

14% Jan.

4

16% Feb

t

25

11%

Jun

Feb

Jan

12%

Jan

15%

Sep

13% Jan

5

15% Feb

Jun

29%

Dec

25% Jan

14

28% Feb

Jun

15%

Oct

12

Feb

23

14% Jan

Jun

22%

Jan

18% Feb. 21 •

"■24% Mar
34% Jan

28%

Sep

27% Jan

16

50%

Nov

Feb

8

16%

x24

Apr

34%

45

Dec

Hotels

Hinde

&

9

Mar

29

'

5%

11

conv

9%
30

37% Feb

21

109

Jan

13

125 % Feb

21

$4.50 2nd pfd series

101% Jan

12

104

Jan

19

$4.25

13%

Dec

12 Va Feb

14

14

Jan

9

35%

Nov

31% Jan

3

34

Jan

10

28%

Jan

41%

Nov

>86%

Jan

99%

Dec

42%

Jun

48% May

35

Jan

31

95% Jan

7

99 Va Feb

48 Va Jan

Feb

44%

Oct

38 % Jan

12%

Jun

16

,

Oct

15% Jan.

131%

Jun

46%

Jan

37% Feb

4%

Jun

11%

Dec

8.

12

44% Jan
10 % Feb

26

15% Jan

42% Feb

Dec

12% Jun

Jan

37.% Mar

j

Feb

14%

Oct

13 Va Mar

8%

Nov

11%

Jan

8% Jan

2%

Jan

18%

Jun

Dec

19

52

51%

51%

51%

52

51%

52%

126

125%

125%

'*51%
*126

Howe Sound
Hudson

5%-

&

53%

53V2

*5314

53 V2

21%

22%

22%

22%

21%

13%

13%

13%

13%

131%

13%

*71

■•••

_1_5

*

126%

127

15

15

*14%

IS'/,

*27%

281%

500

53%

53%

21%

22

13%

14

12%

12i%

12%

•

*71
•

15V2

15%

600

2,800

12%

1.400

18'%

*18%

I8V4

18%

28%

*28%

28%

28%

29

46 '/a

45%

46%

45 %

45%

36%

"36%

13

"12%

33

*32 %

"*32 Va

37%

1

47%
16%

36%

36%

.

xl201/2

121

xl02%

102%

*102%

12%

12%

123'a

12%

12%

33

32%

32%

32%

33

33

*32%

«

120%
*

104

37V2

37%

37%

*37

37%

37-

98%

*98%

99 Va

*98%

99 %

98%

47%

48

48

48%

47%

42%

43 34

44 3,a

43%

■A* 15%

43

'/8

'16%

*15%

16 %

38%

39

37%

38%

*9%

10

9%

9%

9%

9%

100

-*14%

15

:^14%

15

14'4

14%

'*13%

14%

—12.50

13%

1

jC-6.66%

39%

13%

9%

'

„.__—l

38%

,13%
r.

10

2%

2%

*20%

20%

>

10

No par

-

2,000
670

104

70

12%

4.300

33'/4

700

36%

36%

98%

98%

60

48%

48%

5 900

43%

"

44 V#

6,600

'

700

16%

*16

*16.

16%

.

39%

39%

'

9%

10%

%6%

14%

14%

14

14

*16

'

39

383a

k

-

39'%

9%

40 %

4,100

10

6,100
700

"

38%

38»%

38%

38%

38'%

38%

37%

38

%

4,100

13%

13 %

13%

13 Va

13%

13%.

13%

13%

13%

9 900

10

20

36%

120'%

39

2 V2

."

37%

9%

2%

9%

2%

9%

2%

10

lO'/a

10%

2%

2%

2%

20

20

20%

21%

21%

10%

10%

4 300

2%

22%

3'/#

38,400

22%

22%

4,800

2%

20%

'

Refrigerator Co

6,100

'

10

39Vs

.

4

*32%

44Va

48

800

1,700

45 3

12%

48%

43%

120

*102%

98;i4

47%

39%

Ltd-^No par

104

98%

1
■it.

9%

*38%;

121

102%

18%
29

36 V#

12%

12%

121

common—100

„_5

18%
29

X45%

36'%

123%

""37V2

42%

-*15%

;

42%

99 Vs

47%'
42 %

c—25

37%

99Vs
<

18%

104

13

—

28%

18%

3 6 '/a

-

12%

45 %

121

A

15%

283,4

36%

600

.

27%

28%

"

3,700

15i%

12%

46%

36%

11%

15%

18%

*122

72-1/2

11%

27%

45%

'•"404

•

*71%
■

12%

28%

36%

100
3.000

13,400

15Va
.

12%

18%

123%

14

27%

15'/4
28

46.

104 '/4

21%

13%

*15'/4

11%

29

,

53%

21%

15%

*45%
36%

50

*53%

'y

72%

11%
*15»/4

11%
,

*27%

12%
18 V2

1 200

54%

14

**14%

28%

'

42%

54%

22%

15%

12%

130

42%

54

53%

11%

15%

240

3,300

43

72%

■11%

.126

►

900

11.900

♦

54

42%
'

*71

72'%

11%.
15%

26%

-

.

126

31%

31

V"

*28%
'

«.No par

Hupp Corp——
Hussman

52

43

*121%

_

Hunt Foods Inc

3

-12%

'18%'

51%

54%

*104

»

11% Feb

3

15

28%

52

54%

No par

preferred—-

3 % Mar

15

28%
*11%

51%

100

20%

42%

*71

50

104'%
42%

43'%

16

*104%

800

?0%

54i%

11%

1041/2.„.

38

*41%

*53%

72%

*37

600

95V2

31'%

*42%

11%

2,800

*95

"

20%

54%

xl6

4.700

42%

42%

*71

16%

7%
22 V#

19%

42%

11%

i6Va

800

28%

*41-1/2
>

.-_

2,200

x31%

*53%

72%

11%

6 %
10

42%

•

*53%

21%

Corp—

22% Mar

Va

'

-

1,500

73

31%

31%

53 %

„—100

Co

3

126

;

.

37%

*104'%

.

,

22%

.

95i%

37%-

104%

*104%

104'%

13%

43

54%

No par

Hudson Bay Min & Sm
Hudson Motor Car_

21

127

104 %

21%
'

com—5

com

Manhattan

non-cum

*126

127

*

■'

*53 %

Finance common—No par

13

1% Jan..

17.% Jan

18

No par

15% Jan 12

1

12

Co

preferred

Howard Stores
1

2

17%

■47%

1 % May

'

5

3

Jun

Jun

10%

3%%

24

8%

42

17-

T10

A

preferred

conv

Household

9

13

42%

17

•———5

Houston Light & Power.;
Houston Oil of Texas v t

Jan .20

28

33%
9

17

5

10

Jan

32

*42

17%

1

Electrochemical

$2.25

3

29%

38% Feb

*31%

42%'

17Vt

j._100

preferred—

Houdaille-Hershey

23

44% Feb

Hooker

24

46% Jan, 13

32

42%

30

Dec

104%

*31%

12.50

Dec

37

42%
17%

—110

116

37

"_5o

Mining—

101%

37

,

24%

28%

7%

*9^

130

2.600

149

7%

28%

95%

10

22%

28%

*42%

preferred

Homestake

7%

;.. 22%

'-*53%

_—/_

Sep
Jun

13

A

Holly-Sugar Corp

2

47% Jan

7%

800

: 20

22%

*6%
*71 %

,

10%

28%

31%

—1

((A)'& Sons'— ::

'

19% Jan

37%

37%

24 Va

.72'%

*10

22%

31%

*

'

'

37

951%

•>*36 %

.

50

Co__

Co_

Furnace

Hollander

S5%

*94%

5

Paper
(Charles E)J

Hires Co

96

>

*146 V4

6 Va

*61/4
*71

•

13%

79%
105

22%

-

24%

7%

4

105

149

■

28%
951%

22%
28 3

*771%

22%

75«

221/2
*28%

•

10%

Va

104%

Corp—

Dauch

Holland

96

7%

'.

#146

72%

10

I3V2

.

78

24%

6%

*6Va
*71

10 i/b

13%

*

24%

24

721%

10 Va

7%

>

6%

*71

28%

23

28 Va ;

,-v.

IO4V2

*

5

7%

7'. 22%

'24

:

149

?146

149

*104%

—5

Feb

94%

32% Jan

4

25
-

22%

**36

_UO0

Jun

100

I

Hilton

22

22V»

No par

com

Hewitt-Robins Inc

T

20

8%

preferred

Heyden Chemical Corp
3 Va % preferred series

6

22'/a

1

13%

13%

13%

22

6%

101/4

*94 V2

No par

Nov

xl3% Aug

106%

106'%

23%

72%

7%

*42

51% Nov

«.

78

*105

*146

10

28%

*17

common

Chocolate

79'A
106%

7

*6%

22%

—25

26% Mar

Sep

*78

21%

-24%

*71

22%

_No par

.

62

'

7

72%
10%

7%
-

llo

preferred

Powder

"

1,900

*105

.

100

;

Motors

Hercules

7

7,200

14%

13%
791/4

*105

149

24%

1 200

23%

I4V2

13V2

22%

*146

34%

23%

14%

14%

i25

common

non-cum

Hercules

11

common—A

22

24%

34

23%

14%

23%

14%

*77%

106 Va

149

•

33%

23%

14%

*d32%

241%

14V2

77%

*105

*28Ve

-—5

100

preferred

(G

7%

Co

■

10 V#

.

__15

preferred

771/2-

33,%-

24

41%

24

>

13%

13 Va

<

33%

41%

,

'

..—2
;

14%

22%

24%

•■*71

;—1

1

Glass Co/—

common

(H

Helme

Inc_

24 a a

14%

106 %

*21%':
''

—

&

41

24%

78%

«105

com__No par

40%
,

13%

*77%

pfd—No par

—10

Hecht Co

6

3

14%

l100

Hazel-Atlas

9

-

24%

; *13%

—_Ll00

$4.25

Refrac

Hayes

28

Jan

Co

preferred
Schaffner

Hart

6

20

Mar

49 % Jan

Dec

131

24

40 % Feb

16

17% Aug

Feb

3

Feb

104% Feb

Oct

53

Feb

Feb

No par

preferred

(M A)

42%

24%

Hat

10

Jan

'

7

19 %

20y4

9%

6% Jan

Jan

<"41%
*14%

-

Corp of America ■ common-,.—1
4%%" preferred—*—
£
100

12

Jan

3-

conv

6%

Jan

4%

_25

Well Cementing—5
Printing Co
—5

Jan

20%
61

Water
Oil

F)

104% Feb

Jan

149

Hackensack

.

-

Range for Previous

STOCKS

Year 1949

Lowest
$ per share

:

Range Since Jan. 1
Lowest

Highest
$ per share

NEW
"

Highest

4 per share

YORK

Jun

36%

Dec

35% Feb

8

Feb

36%

Dec

34.,% Jan

25

73

Jun

Dec

92 \lFeb

95

Jun

20

100

Jun

25%

96

34%

Jan

20

15

98

Jan

3

17

97*. Jan

20

34

Dec

Mar

39

94% Jfin

Jan

38

25

37%

20

Jan

•

Idaho

3

Jan

•>

6%

Par

'

non-cum

RR

A/

pfd

stock ..ctfs

Jan

37% Nov

36% Jan

13

Jun

55%

Nov

55

Jan

13

56% Jan

4

7%

Sep

10 Va

Jan

8% Feb

1

9% Jan

i- 4

>21%

Jan

Dec

28% Jan

3

31% Feb

10

4

Jun

29%
8%

7

Jan

Jan

19

Industria

33% Mar

53%

Dec

45

Feb

7

51% Jan

'5

72%

Oct

66% Feb

25

Jun

155

Jan

30

Jan

165

May

11%

4

Apr

Jan

38

Jan

9

71

6

Jan

41%

163

26

Jun

18%

Jan

13% Jan

10%

Dec

10% Jan

12%

Apr

18%

Dec

16% Jan

95%

Dec

92% Jan

9%

Jun

2% Jan
13%

Jan.

22%

Jun

164%

Jan

5%
73%

1% Jan

Dec

13

212

26% Jan

177% Feb

14

10

Dec

34%

Oct

Jan

86%

Oct

3%

Feb

6%

Dec

Jun

31%

32

Jan

143

Feb

33%

Dec

37% Dec

94

Jan

103% Nov

4% Nov

84
627

Jan

Jan

4

Jan

4

Mar

130 % Feb

7% Feb

24

33% Jan ^25
104

27
>.

14

46%

Oct

40% Feb

Jun

57%

Jan

49% Jan

Jan

33

'

7
-

46% Jan

28

3

54% Feb

4

Jan

13

35% Feb

3

13% Jan

14

17

20% Jan

17% Feb

Feb

23

Aug

20% Jan

4

Jan

34

Nov

29% Jan

30

32

Jan

Feb

148

27% Jan

5

24

136

Mar

23/4

Jun

7%

Dec

Jun

18%

Jan

14% Jan

94

Dec

92% Jan

25

44

Jan

59%

Oct

95%

Jan

105%

Dec

30%

Jun

50'/#

Dec

130

9

International Utilities

Jan

;

Interstate

.;

3

6% Feb

561/4 Jan

14

7% Jan

$6

11

Jacobs

23
24

3

70% Mar

3

Jewel Tea

3

107% Mar

1

3%%

9

49%

3

Dec

121

Feb

9

132

Jan

48

Jan

3

56

Feb

6

V^1

Jun
Jun

86

Jan

81% Jan

13

86% Mar

u30Va

Dec

40'/# Mar

30% Jan

13

34% Jan

Dec

33% Jan

108% Feb

109

2

27% Jan -13

Jan

31% Mar

Johnson

20
3
3

4%

&

2nd

Inc

'

_1Q0

Johnson

common.—12%

preferred series A_.

100

Joy Manufacturing Co—

*167

169'%
39

14%

14%

/

10%

10%

1%

*1%

'•

1%

13%

14 V#

28 Va

*86

6%

*6%

27%

10%

*10%

*10%

10%

600

18%

2.400

941%

1%

1%

14%

227

227

"

131

12%

Jan

9% Feb

17

11% Jan

lo

10

Kansas City Power & Lt'Co—

.

.

,

94%

Jan

102

Aug

98% Jan

25

100%

Feb

105% Nov

104% Jan

9

x34%
52

Feb

49%

Dec

46% Jan

62%

Dec

59% Jan

26

14% July
10% Jun

26
31

4%

52% Feb
.

27

Kansas

64

'Feb

16

»

4%

preferred

cum

100

:

preferred

100

City Southern

non-cum

*

6%

■:

11

11V#

33%

34

*86

89

6%

89

36

12%

33%
*28%
*136

;

6%

27'/4

27%

132

132%

18% Feb

20

13% Jan

9

Kansas Power & Light Co com—8.75
Kayser (Julius) & Co
i5

Kelsey Hayes Wheel

23%

Dec

20% Jan

13

21% Jan

9

19%

Dec

16% Jan

30

18% Jan

9

footnotes

see

page

20.




d Ex 25%

.

Class B

stock dividend paid Mar. 1,

conv

32,200
1.900

89

6%

100

6%

600

27%

29

7

36%

36%
*104/2

106'/a

6 V#

6%

58 %.

56

41%

41.%

52

22,700

*66

51

51

36

*18

18 ;

18 Va.

-

*109

fs30%

^85

*10

7Va

18%

51

36

11%
*18

400

12 Va

32,600

18%

1,000

22%

22%

22%

23 Va

23%

24

1.800

32%,

33

32 V2

33

31%

32

1.600

281/4

28 V#

28%

28%

28%

28 Va

28 3

7%

7

*16%
93%

X67
-

68

107

107

68 Va

*107

-

*136

6%

6 V2

7 V#

17.1/4

136

)136

138

94%

46

122%

rl24

124

55%

55

55

109%

*109

I71/4.

*16%
*94

67%

68V2

>

*

106V2

46%

109%

45%

46%

121 %

1231%

54

*109

109'%

45 V#

30%

31

85

85 %

86

86%

33

33

32%

*109

86'%

32%

32'%

30%

123

•

-

<

86%

32 %

>

9%

10

*99%

101

160

70%

1.800

107'%

150

47

Va

A

•

125

55

*109

109%

1

48%

t-125

55

55

109%

21.500

1,200

„

1,000
'

30%

30%

>31 %

36

86 Va

86%

330

32%

*

31

86

86%

32%

46

20,200

17%
94%

*106%

70

123%

*54%

*109

109%
>31Va

30%

30%

l'123%

'

154%

54%

6%

*16%
93 %

-

94'/4

107%

46%

46%

423

54%

20

70%

1

69%

69 Viz

107%

407

107%

2,800

#

138

6%

17%

*94-

■

*136

6%

6%

94%

i

138

*16%

17%

94%

31

10'/a

'.

970

300

2.600

22V4

*93%

46%

46
122%

"*55

51

*35

12%

'

,

42

36

I8V4

.

56'A

42

8.200

58%

56. %

51

„

11%

,k(

58

42

*35

12 V#

11%

6%

58

41%

17,600
300

56'A

57%
*56

51

6%

440

36%

331/4

*16%
»

67%

107%

)

6

132

106

28%

7%

*107

,

12 %

.

36 '/a

*104%

•

33%

17%
94%

6

*35

52

*136

*93%

<

36

11%

,

*16%

6

58%

55%

42

131%

36%

104%

57%

i

27

132 V2

36Va

68'%
.1

*35

12%

138

.*99%
*105

18%

3

26

Jun

*86

*6%

27% -,27%

6 V#

411,4

52%

*35

51%

16Va Jan

xl3%

410

11%

33%

58%
*55.,

*51%

*62%

12% Jan

Jun

17,600

11

131%
•

■

42%

:100

17% Nov
Jan

1,500

28

179

33%

104.1/2

36%

104 Va, 104'%
"

59

49

-36%

.

57%

No par

com

preferred

229'%>

27%
178

32%

32%

32 V#

3,600

1,6C0

17,500

-

»

•

-k-

'

10

10%

101%

10 %

lO'/a

10%

,

10%

100 %

101%

*100'%

101%

*100%

101%

107

*105

107

*105%

107

10

-

14%

17%

For

3.80&

*

106% Jan

12

Jan

99% Jan

7.700

229

28%
178%

'

Kalamazoo Stove & Furniture

700

14%

11 Va

*6%
j

132

132

36%
104%.

32%

■

1%

14'/#

34

*86

27%

50

1%
■

228%

27%
178

K
Jun

1%

14%

33%

.>

8%

<

14Va

.

10%
:•

6%

27%

3 200

18%

28%

89

.

6%

6.200

14 V#

94'/2

178%

11%
34

10

39%

14 Va

18%

28 V#
,

171'%

39V4

14%

94%

*1%
227

;

*167

39%

18%

478%

28%
178

178

171%

1 500

1,200

94%

13%

225

224

28%

300

48'/#

69%

18%

18%
*941/2

14 Va

7%

47%
*68 %

95%;

10%

18%

95%

600

39 V#

14%
-

*10%

*7%

11.100

xl4'/a

39 Va

14V«

18%

89

*167

171%

38%

28 3

34

6 %

common—_No par

,Jones & Laughlin Steel com—"No par
5%'preferred series A
:
100

30

169'%

*94%

59

l

Johns Manville Corp com_—,No par
3%% preferred
100

7

54% Dec

Feb

Co

preferred

7%

*7

95%

"55%

,

Jan

Jan

!

Co_

5,500

11

36%

Jaeger Machine Co__2
No par
Jersey Cent Pwr & Lt ,4%" pfd—100

(F L)

31%

7%

18

Feb

17

31 Va

71/4

4

*22

1

311/4

69

18%

:

31 Va

*

47%

22%
33%

preferred „"—i

311/4

68%

*18

-50c

1,900

31%

47 %

*22

common'

8%

*7'/4

^5

94% Feb

.

102

109

Corp.—

8%'

10%.

131

Stores,

Island Creek Coal

45% Feb

104

Dept

8%

47

r__No par
i—_^_iNo par

Intertype.Corp_

20

141

5

Jan

Jun

3

29% Feb

-

1

11%

Jun

9
•

'

81

29%

Mar

34% Feb

8%

4

25

—

8%

34%

*104

_25

common

preferred

,55%

8%

27%

International Telep & Teleg—:No par

1

18%

101

7%

'

Apr
Dec

39 %

55%

8%

63

178%

*87
•

No par

:

International Silver

38%

55%

'

100
iNo par

International Shoe

17

9% Jan

11%

24

136% Aug

5%
preferred.
International Salt

9

.39%

10%

100

;.

57 % Jan

3

55% Feb

20

1

:

59% Feb

49 V2 Jan

Feb

Jun

Preferred

38%

£■

47

225

.310

*551/4

34%

1

com—No par

14

5% Feb

Feb

28%
*178

100

35

35,

55%

40

39%

19 Va

*223%

101

*55%

68

'

9,800

94

4

68

10%

3.900

37%

*991/2

35%

46%

7

14%

*1%

100

Corp__

Int'l Nickel of Canada

$4 ^preferred—i
iNo par
Int'l Rys of .Cent Amer com—No par

71

24

7

International Paper Co com—7„50

61

34

16

4%
preferred
International Mining

14

35

>36

38

36%
*921/4

101

66 3

>39

19

37%
.

"

46%

171%
•

'*10%

Int'l Hydro-Electric Sys class A—25
Int' Minerals & Chemical com—5

24

20

.100

10

Jan

Jun

Feb

_No par

—

10

Jun

July

4

Machines

Shares

311/4

:<i

7

93%

46%

14 Va

preferred

foi

the Week

$ per share

37%

*,37i/4

66 %

*94%

12

Nov

7%

Feb

31%

*167

,5

6% Jan

41

14

11

27

8%

66%

,-1

37% Feb
106% Jan

50

30% Aug

Iron

Business

8%

*46

Int'l -Harvester, common.——No par

7%

55 3

—100

; 1

Feb

43

'38%

Interlake

40'%

55%

14%

common

,*35

35'%

39%

38%

Inc

35. Va"

,

55%

Rubber—No par
1
No par

Intercontinental

Sales

Mar. S

37%

*99'%

*99V2> 101

101

39 %

—20

preferred——i

93

*S9%

35%

No par

Int'l

134% Jan

;

C.tfs

Corp

4%%

101

*7

1

__■,

Friday

2

36%

37%

93

-

37%

3634

94

31%

A

6

7% Jan
29% Jan
-

Co

Interchemical

16

Feb

88

:

3

Steel

.

*92V4

37

371/4

8%

No par

3

Jan

36

■;

S

Mai

$ per share

share

37

-

par

100

Insuranshares

9

29% Jan

28

Mex,

$ per

36%
*91

39%

5

Inspiration Cons Copper

11

Feb

De

.ji

*55 %

50

Co__

preferred

Inland

10

181

12

9% Jan

6%

18

235

13

Dec

Feb

Electrica

Thursday

Mar. I

36%

94

*35

No.par
,_1

L
RR

Rayon
:
Ingersoll-Rand common-—

5

2% Jan

4

Dec

Feb

Dec

Jan

29%

180%

■

25%
133

preferred
Terminal

Indianapolis Power & Light—No

12

14% Feb

•

-

9

Jan

95% Jan

-

25

12% Jan

Jan

234

Jun

24

4.70%

19

Jan

■11

31

Jun

Jan

15

16

Jan

1

xl45%

Illinois Power Co common,

Tllinois

2

40% Jan

27

86%

Feb

170

3

-Jan

8

28

PRICES

Wednesday
,

$ per share

36%

*99%

A——1000

series

-

$ per share

37 %

*91

1Q0

Industrial

55

40% Feb
'

36%
37%

A—100

ser

Leased, lines 4^—i——
RR

Feb. 28

■:

Co. common-10o

conv

Tuesday

Feb. 27

4 per share

20

Central

Monday

Feb. 25

Pow^r Co

Illinois

51%

'

Saturt%T
.

'.

5 per share

1
31%
22%

ALE

...

•

.

STOCK

EXCHANGE

class A—1
1

101

*105

107

107

*991%
'105

101
107

51%

51%

523'8

51%

52%

64

63%

63%

62

62

18%

18%

18 5 k

18%

xl2%

12%

12%

'

18%

*

*105

51%

*62%

51%

51%

51%

'/2

51%

63

62%

62%

*62%

631/2

300

18%

18%

18%

18%

8 400

13

*12%

12%

700

18%

18%

12%

12%

12%

5 1

5,600

*12%

13

*21%
171/4

22

*21%

22

21%

217'#

21%

21%

21%

21%

*21%

22

900

17%

*17

17%

17%

17i%

17%

17%

17%

17%

*17%

17%

900

•

*12%

-

Volume

171;

THE

Number" 4887

,

COMMERCIAL,

NEW
Year 1949

-

Lowest

^

j

i*

Jan

50 y„ Jan

3

55

Jan

NOV

45 Ve Mar

1

47 Va

16% Nov

15% "Jan

3

19'/a Feb

Jun

25 y*

Dec

24

Jun

107 Va

Dec

106

Jun
Jun

48 %

,117a

Feb

17 JA

90

56%

Kennecott

Saturday

LOW AND HIGH SALE PRICES
Wednesday
Tuesday

Feb. 27

t per share

15

$ per

•

Thursday

$ per

share

$ per

share.

Sales for

Friday

Mar. 2

Mar. 1

Feb. 28

$ per

share

the Week

Mar. 3

Shares

S per share

share

53%

54%;'

54

52%

53%

52%

53%

53

53%

527a

5374

46

46

46

46

45 7a

45%,

45%.

45%

45%-

457a

4574-.

4574.

2,300

.No par

18%

19

19

19

18%

19

19

19

19

1874

187/a

2,400

No par

28%

28%.

28%

28%

28

281

a

28%

28%

287a

287a

28%

3,100

.—100

115%

115 %

114%

1147a

114

114%

M127a

114%

1147a

1147a

1

*16 ye

167a

167a

*16 7a

114%
177.

300

7074

*70

7074

10

.No par

Copper

5

—

Keystone Steel & Wire Co

18

Monday

Feb. 25

Kern County Land Co—

8

.

Kimberly-Clarke Corp,com__.

'28% Feb, 24

Jan, 13

STOCK

Par

30

Feb.

40

39

YORK

(959)

RECORD

STOCK

EXCHANGE

$ per share

<

>

:

Highest

i-.

-

t per share

$ per share

NEW

'""'.Range Since Jan. 1

,

Highest

f per share

YORK

;

STOCKS

Range for Previous
Lowest

FINANCIAL, CHRONICLE

x537a

•>1874
2874

13,000

'

Jan

116% Feb
'

10'/a
62

15'/a Jan

Mar

72%

Dec

18

69% Jan

J16%- Dec

Jun

16% Feb

4%

23
8

71% Feb

4

6

*

14

2nd preferred

conv

Kinney

(G RI

Co common

._

$5 prior preferred-

.No par

70

*70

70

s

16%

16 7a

167a
*70

70%

*70

70%

*70

70%

*

10%

16%

16%

167a,

•111

"

25%

98 '

Jan

93 y2 Jan

' 9

96

43

Jun

Dec

40 Va Jan

27

42% Jan

6

Koppers Co Inc common""4% preferred
Kresge i S S) Co__

55 '

Feb

20

62

Jan

5

Kress

59 y8 Jan

16

65 y8 Mar ' 2

6% Feb

15

3% Feb

11

31%. Jan

90 Va Aug
x35% Feb

48%

Feb

62.Va ' Dec

43

Jan

28% Jan 13

.

60% Dec

47/8

Jan

8

Oct

6

Jan

2
2

31 »/8 Mar

Mar

7% Jan
4% Jan

3

12

'

(S

H)

22%

9%

Jun

11% Dec

10% Feb

16

43

Jan

47

46

Jan

25

iy%

Jun

26Va

Jan

22% Jan

19

26Ve Feb

16

Lane-Wells

37

Jan

45'%

Dec

40% Jan

25

47% Feb

24

Lee

23% Jan

9

Oct

16%

Jun

22%

90 y2

Jan

98

6%

Jun

11%

Jan

33%

Jun

49%

Dec

44% Jan

22% Feb.

6

Lambert

12% Jan

9

Lane Bryant common—

Jan

25

.47%

Jan

20

Jan

3

May

94

Jan

24

Feb

24

7% Jan

3

8% Jan

10

27

50% Jan

7

98

'

3%

Jun

1%

Jun

15

5%

Jan

3

Jun

Jan

24 y2

4% Jan

3

Jan

4

17

4%

Jun

8%

Jan

x41%

Jun

56%

Dec

54

8'/a

Feb

11%

5% Mar

3

1% Jan

Jan

2% Jan
21

3

10

Jan

30

24

.24% Jan

9

1

65% Jan

11

6%

Jun

8% Mar

.8% Mar

Jun

37% July

7J/4 Jan
35% Feb

3

34%

8

(37 Vs Jan

18

72%

Apr

91 '/a

Oct

83

Jan

27

89 Va Jan

-3

Feb

23

•

2

Feb

186

Sep

182

Jan

11

33

Jun

49

Dec

45

Jan

17

52 V£ Feb

2

x6%

Jun

10%

Jan

8% Jan 25

9% Feb

15

52 y2

Jun

19

•

Dec

rovo

186

Jun

33%

Oct

281/4 Feb

Jun

17%

Dec

17% Jan

3

Jun

78

Jan

73

16%

Feb

25%

Dec

23% Jan

14 Va

Jan

18% Aug

16% Jan

76

75

Jan

1574
19%
153

Jun

25%

Jan

27%, Dec

Jan

23%

32-

Dec

30% Jan

41%

Jan

34% Jan

23% Feb

100

169

"

Mar

Jan

;9

24% Mar

3

277s Feb 24

17

Jan
Jun

6

3

25% Sep

Jan

15

27

18 7a Jan

174

1

11

Jan

19

34% Feb

21

40 y2 Jan

24

2 7.%; Jan. 28'

,

26

4774

97 74

8%

8%

46%

46%

Libby McNeill

&

Libby

46%

Co——:_a_—;

Star

7%

,5

(4%ri

18

Lukens

20

87a

3,200

48

5%

5%

2 Va

27a

27a

18%

18%

6

5%

674

47%

48 Ve

1,000

48

1,500

5%

27a

27a

1.6,100
4,900

1874

197a

3,700

5%

5%
27a
19

800

674

*6

674

3,500

57%

577a

577a,

*10%

107a

10%

10%

300

22%

22%

22%

22%

22%

4,800

61%

62

62%

627a

62%

6,900
17,000

22%

22%

22%

61%

62V4

61%

57

87*

7%

7%

7%

7%

7%

8 v4

7%

36 74

36

36

357a,

35%

*3572

35%

35%

35%

800

86

85%

86

857a

8574

86

867a

867a

87

86%

87%

5,200

18674

185

*184 7a

186

*185

51%

*47

6174

287a
18%
*79

.

61%

6174

8%

18%
*79

9

87/e

97'at

11,400

607a

61%.

1,500

*
:

29

297a

5,600

'

18%.

3,000

607a

28%

2974

287a

297a

28%

287a

18%

18%

1874

187a

183/4

19

1.8%

79%

79%

79 7e

*79 7a

80

*79 7a

28%

28

28%

297a

17

Corp
(Md) A

No par

787a

10

•

277a

_100

-

*170 7a

29%

787a

'

17

78%

r.

24

No par:

27%

27%

2474
2474.
27%.
277a
*170%; 172

24 7*

24

24

*170%

172

277/a
172

.

28%

28%

28%,,

20,400

>

17%

177a

173/8,.

17,800

797a

79 74-

793/4t

3,400

I
{

1,600

("

2474.

2474

2474.
27 %

277b

27%.

-

169 V»

170%

169

200

787a

27%

'

787a

80

1774:

t

177a

78 Va.

1774.

24%

24%

24%,.

.

277a

27%

3,800

16974

27%
170

16974

270

*34

34

34

34%

34%

34%.

1,700

39%

397'i

397/a

3974

397a

39V4

3974

39%,

39%

393/4

40%

5,200

24'74

.

347a

*39%

& So'ns-Inc com—l

247a

*24%

24%

247a

2474

247a,

2474

2474.

247a

2474

2474

99

*98

99

98%

,98%

98%

♦987a

997a

*98 7a

99%

19%

197a

19%

197a

19%

1974

19%

*98

—100 :
-

187a

347a

197a

18%

34%

34

34%

347a

k

*98

197a

19%

1,800
50

,

3,100

LOW AND HIGH SALE PRICES

.1

NEW YORK; STOCK
/
EXCHANGE
t
;

..

Saturday

Monday

Feb. 35

s

$ per share

Par

Tuesday,

'

Feb. 27

;

f per share

Feb. 38

t per share

t per share

t

Mar. 2

Mar. I

;.

the Week

Mart 3
t per

$ per share

$ per share

Sales'for

Friday

Thursday

Wednesday
'

Shares

share

M
97a
317a

Jun

Oct

1474

117b Feb

28

13 V* Jan

24

38% »Jan

3

41% Feb

2

Apr

42

Dec

Jan

131

139

Oct

97a

Jun

15%

277a

Jun
Jan

135% Mar

33% dan
10474, Dec

957a

87a July
107a

13

Jan

3

138 % Jan
14 v Jan
32 % Jan

11% Feb 16

;

31 y4 Feb

xl03

l

Jan

"5

9% Jan

Jan

25

105

430

7

20

.12

Jan

15% Feb

28

19%

Jan

107/a Jan

3

20

525

Feb

Dec

11

17% Jan.
Feb

11

preferred-—_—
——100
Trucks' inc
——5

Macy

preferred series A
Square Garden:
Magma Copper
Magnavox Co (The);
Manoning Coal RR>Co

550

Jan

16

9

Jan

7

14

97s Jan

11

Manati: Sugar
Mandel Bros

23 '

Manhattan Shirt

11

Maracaibo

Jun

18%

Dec

18

Jan

18

19% Feb

6 74

Feb

10%

Apr

7

Feb

14

8% Jan

1774

Jun

25

Dec

25

Jan

3

6 7a

Jan

Dec

28% Mar

_

1

Marathon Corp

9

Marine

Midland

18%

Oct

18 V2 Jan

4

Jan

5

Market

St

24%

Dec

23% Jan

25

277a Feb

10

95%

Jan

104

Dec

978 Feb
19

Marshall

_Ja:'_10
i__l
50
—_1
No par

__

Ry

Corp.
prior

102% Jan

3

104% Feb

24

77a

Jun

12

Apr

9% Jan

13

13 74 Feb

27

Martin

Feb

13%

Jan

ll'AFeb

6

137e Jan

11

397a

Jun

59

Dec

56

Jan

13

63 % Feb

3

Martin-Parry Corp
Corp

Jun

19%

Jan

14% Feb

21

16% Jan

9

Master

48

Dec

47J/a Jan

13

54

Feb

1

Mathieson

Feb

179

Aug

Feb

3

178

Jan

18

175

474%

7%

preferred
(Glenn

Jun

49

Dec

46 % Jan

30

50

Feb

9

Jan

98%

Dec

98 y4 Jan

18

100

Jan

12

89

Jan

98

Dec

97 V» Jan

4

100

Jan

30

$3.75

80

Feb

88

Dec

87

Jan

10

90

Feb

18

$3.40

Jun

1274

Dec

11% Jan

3

14% Feb

21

Dec

42 y4 Jan

13

50

3

112

30

May

45

110,

Jan

113

Sep

1107s Mar

197a Mar

25

Jan

21% Feb

307a Mar

36%

Dec

3378 Jan

21% Mar

40% Mar
90

Jan

100

Dec

101

Jan

16
3
3

26
5

Mar

3

*1534

u

177/a
*520

r

$6

23 74 Feb

27

McCora

Feb

28

31%

31%

31%

104%

*103 7a

104

105

*10 7a

10%

1774

535

*510

7%

7 3/4

8%

83/4

7%

7%

287a

237a

28 74

*18%

19

74

9%

9 74

18a4

18%

18%

18 3/4

18 34

18%

*18%

27

74

27 Va

2774

26%

27%

26 7

105 3/2

*104 74

1057a

*10474

*10474

■'

12 78

12%

12%

13 7,

12%

*1274

12 7a

59%

59%

59 7,

5974

12%
*12

58%

105

8

*10474

187a

100

77a

7%

77a

7%

2,000

28%

28%

28%

28%

3,500
8,100

*18 7a

19

7%
CM CO

-rf

187a

19

974

183/4

18%

*18%

19

590

203/4

277a

26%

27

8,500

SVa

9%

*104 74

105

105

1047a

104 7%

10

23,900

1374

12 7a

12%

12 74

13

127a

12%

127a

12 7a

123/a

12%

12%

12

12

597'4

59 74

5974

59

59

*58%

15 74

15%

15%

15%

15%

15%

15%

15%

15%

1,600

53

52%

53

52%

53

52%

52%

52 74

52%

3,300

*17672

179

179

*176 7a

179

175%

175%

4874

49

*1767a

179
48

*88 7a

5

987a

147a

No par

_

*98 7a

*98 7a

.

47 7a

49 74

4974

49%

5,600

98%

98y2

987a

98%

90

99

*98 7a

99%

*98%

99%

*98 34

99 7a

88%

*88 7a

90

887a

88 72

88%

887a

60

14%

13%

14

14

14 74

147a

14%

3,300

47

47

4:7%

47%

48

49

49

49

50

1,200

47

112

35%

35%

*102 74

103 74

103 74

*11042

103 74

111

112

111

'110 Yi

'22%

22%

22%

22%

23

22%

23 74

227a

22%

2274

427a

42

42

42

42

*41%

357a

36

3674

36

36

36%

*42

•

Mar

1

Jan

3

Publishing——.No par
Mclntyie Porcupine Mines
5

3074

Jan

4174

Dec

38% Jan

13

42% Feb

10

McKesson & Robbins Inc com____18

*41

92 74 May

102%

Dec

99 Va Jan

25

Dec

23% Jan

23

Electric Co

49

99 74

147a

35%

McGraw

49%

99 74

88%

*110JB

112

__3

17

49

9974

99

m'2

Jan

10374

10374

102 74

23 74

110%

112

103

103

23

213/4

23

3,200

42

40%

41%

290

36%

363B

367a

1,500

1023,4

103

47

47

46 74

467/4

467a

46%

46 7a

46%

3434

35 7,

357'a

35%

*34%

35%

35

36

54 74

53%

53 74

*53 74

53%

53%

547a

54

417a

X40 3/4

40 3%

*40%

40%

407a

40%

403/4

40%

ior%

*1007a

267a Jan

9

177a Mar

13% Jan

3

Jan

9

177a

Jan

14% Jan

3

707b May
Jun

93%

Nov

347,

Oct

207a

27

Dec

28%

Jan

177a Feb

Jan

5

91

Jan

24

47„%

6

367a Feb

23

4%

25

Feb

10

277a Jan

9

Jun

13%

Jan

11

Jan

3

Jun

49

Jan

42

12%

Jun

1574 July
8% Jan
;

105 7a May
18
July

24 74

247a

__10

Melville

Shoe

Corp

12

Jan

11

7

7% Jan

3

Merch

437a Feb

3

Merck & Co Inc common—;

Jan

18

Dec

96%. Feb 2.7

13

98

Dec

120

Jan

17

1297a Feb

3

237a

Jan

x20% Jan

25

2574 Feb

1

40

Dec

307a

Jun

37% Feb

18

977a

Jan

1047a

Dec

101% Feb

21

1057a Jan

20

105%

Oct

11074

Feb

108

Feb

23

10974 Jan

9

8%

Jun

14%

Jan

13

Jan.

3

147a Feb

21

37%

Jun

48

Oct

14 7»

Jun

18%

Dec

177a Jan

3

187a

Jun

34

Dec

28 y4 Jan

13

38% Feb

131

Jan

23

5

40 74 Mar

43

3

Jan

9

20% Feb

28

327» Mai"
139

Feb

3

Co

(The)

Min

Transp Co

*34%

357a

54

*53 7a

547a

600

4074

40%

*1017B

1013/4

1,100
100

preferred
Merritt-Chapman & Scott
Co—

South
Steel

101

108

Dec

•

106

Mar

1

1

10

1087a Jan

5

107a

Jun

14%

Jan

12V8 Feb

1574 Jan

9

Jun

80

Feb

76

Feb

1

81

Jan

6

$5.50

1st

1674

Jun

22 74

19

Jan

4

227a Jan

10

$1.50

2nd

For."footnotes

Nov

see




page

20."

24

247/a
*38 7a
*103
*

42%

*7%

.

41

42%

preferred,

11%
*42
14 7a
*

8

42%

4274
*96

97

4274

967a

*95 Va

127%

127%

12674

12674

126%

24 7a

247*

2474

24 74

247a

24-74

25

38%
10472

*24

383fc
*103

387a
1047/a

k-

38%
1047a

1077a

39

38%

39%

39%

40%

397,

19%

20

20

317a

313/4

31%

138

13674

*12%

1234

127a

117a

11%

11%

11%

74%

*136

400

7%

7%

200

42%

6,200

8

423/,

427a

98

*96

128

*127

2474

*23%
40

40

98

100

1287a

560

247a

900

4074

4,000

*104 7a

1057a

*1047a

1057a

1097a

*107 7a

1097a

1077a

1097a

143/g

*13%

147,

14

39%

39%

39

39%

40

207a

19%

20 Ve

19%

20%

25,100

32

31%

32

32

3274

2,400

*137

%

14

50
20

2,000
4,800

30

*1377/2

139

127a

12%

127a

123/4

12%

13

1,900

117a

11%

117a

11%

1174

11 %

2,800
2,700

139

*137

139

'•

74 74

74 %

104

105

105

98

*97

98

1067a

10

147a

19%

12%

11%

138

1274

437a

14%

31%

137%

12%

11%

11%
437a

14%

39%

32

12%

12

437a

*13 7a

207a

31%

393/4

70

10574

105

40

20

40

*96

600

*107 7a

105

1097a

19%

*105 7a

*7%

12874

31%

74

42%

987a

143/4

967a

39%

104

8

11%
*42

12874

147a

*9674

147a

9872

13%

5

7%

11%
43%

12872

1474

No par
—No par

preferredconv

43

8

147a

*136

67%

2,800

14%

10

Jan

1,700

1474

Minn-Honeywell Regul common
3
3.20% conv pfd series A__
:_100
Minn Min & Mfg common
No par
$4 preferred *
1
—No par
Min.neapolis-Molins C,o common—.1

1057a Mai"

15

600

257,

.5

27

4

10

367a

257e

TO

;

74% Feb

Jan

92

*35 7a

257,

1087a

Minn St

Jan

*89

3672

2574

1087a

Minneap & St Louis .Ry

96 Va Feb

89

*35 7a

257a

1087a

17

61

89

3674

25 7a

1077a

21

99

*127

5

ll7/e Feb

Dec

92

36

257a

*7%

147a Jan

Nov

*89

3674

257a

*7%

3

Nov

90

*36

257a

8

13

63%

*89

36 V2

257a

14%

ll'A Jan

101

89

*36

11%

1'0%. Jan

101

Feb

89
a

25 7a

43%

Jan

Jun

1,400

11%

Jan

Mar

COO

17 74

*14%

100

common

SS Maine.

147a

1774

*42 7a

12

P &

14 Va

17%

14%

12%
•'

14

17

11%.

Utilities Inc—No par
Prod

14

43 7a

pfd-100

__

Midland

247a

7a

1774

14%

...

3.90%

preferred series
Copper

Mid-Continent-Petroleum
Middle

24

14

*17

*42

4.35%

Miami

24

*13 7a

177-4

*11%.

No par
No par

2nd

Machine

24

14Va

177a

15

$4

Metropolitan Edison

24

147a

11%

*423/4

Mesta

24

43V2

*9672

(

14%

11%

No par

102

17 7a

89

No par
50c

24

1007a

1,200

247a

*14%

-

1,200

47%

35%

14

*42 Va

50

<

102

24

47

47 74

*34%

17

357

$3.50 preferred
conv

102

102

460

17 74

357a

___1

common

convertible 1st preferred

Mercantile Stores Co Inc
&

*100 7a

47

103

14

89

*25

1

102

—3%

12

Jan

15

5?,'o

—

__

127a Jan

Mengel

*

(1st series)—50

44

Dec

*17

(1st series) .^.100

16

43%

14

No par

common

preferred

2nd preferred

13

77a Feb
3974 Jan

1397a Mar

Corp

*24

.1

_

Jan

130%

1247a July
10% Aug

Mead

14 Va Jan

99

Jan

Co

McQuay Norris Mfg Co__

323A Jan

347a

77a Mar

McLellan-Stores

18

82
.

16

*100 7a

.No par

70

1,400

*

_

1107a
23

23 74

23

23

140

*22%

22%

*53%

1

McGraw-Hill

50

49%

14 7a

22%

50

179

90

*110J?

_

175 7a

987a

No par

common.

*

*88%

147a

_No par

preference

Corp

176
49

997,

98%

*

xl4%

987a
90

•

*46

No par

58

25

1,100

15 7 a

52%

36

Jun

59 '/a

15 74

523/4

48

Feb

700

15 74

14

July

974

9%

19

2774

52%

98 Va

$4 preferred

.40

1,100
500

1

*

18

1

900

1,100
12,600

9

28 72

9

200

'

7%

844

28 %

..No par
No par

.

73/4

8%

28 74

9%

2,700

540

7%
83/4

73'a

974

*525

540

7%
.*8 7a

*18 7a

974

*525

540

7%

7%

9V4

17%

177a

267/a

«.

15%

90

17.,000

10 3/4

1774

18 3/4

28

1.07a

17%

535

a.,

,

105

103/4

17%

774

27

Jan

x317i

17%

*1874

30VaJan

104

31 :!4

17

535

700

13

18

77a

53 y4 Feb

66 74

10%

19 74

43% Jan 27

87

1037a

7%

Apr

437a

31%

*1874
-

Nov

Jun

127a

15%

-

4574

77a

10%

13872.1383/2
12%
12%

157a

734

—

_

*

105

12%

15%

*8 7a

60%

Apr

*510

540

98%

Corp

"

•

157a

7%

34

90

17%

18

48

Preferred

127a

1534

*12(4

1037> Jan

Mar

2,200

'

137

157a

8%

McCrory Stores Corp common——1
37a% convertible preferred —100

102

137a

4074

'4074
1357a

15%

7%

Jun

27

*12%

13

40%

*39 7a

40

*15 7a

87a

Jan

7%

1234

12%

1387a

Corp-.^No par
TOO

Chemical

cum

*10%

8

Feb

12 7a

*■15%

167a

No par

1st

31%

*103 Va

107a

1

Co_a

Maytag Co common
$3 preferred

McCall

91%

9

_

11

12%

*7%

4172

197a

127a
40

*137

12 Va

105

107a

107a

1

32

*1037a

'

12%

*8 7a

24

xl3

1274
41

137

139

:

297a

Dec

11%

*4074

40%

31%

-

105

pfd 1947 series—No par
cumulative pfd
No par

20

3

s-

cum

Jan

42

.100

.

May Dept Stores common
$3.75 preferred

247a Jan

36 7a Mar

.

_

31%

107a

5
pl'd—100

Go_

preferred

38

7 7a

—

L)

Electric

89

1

:

Masonite

1174
170

12

137

12 Va

12 3a

*103 7a

Co com—No par

&

137

31%

6.25

6%

Field

1357a

40

*1357a

1274

—__5

—

107a

34% July

41

'

_

Apr

»

100
Nq par *'

Oil Exploration-

167» Mar

3

£

Co—

_

19 7a

8% Jan

12

12%

41
*

iR H).Co Inc com_i_v.No.par

47,%

Madison

17

9

12%

common—10

6%
Mack

Feb

;

15 74

8%

9

5

"

MacAnclrews ,& Forbes

7»/4 Feb

Dec

530

4

Working Co_

8% Feb

.

974 Aug

Mar

9

Jan

20

Jun

67a

17

in3/. J4.ri

Jun

Jun

5

18

M & M Wood

*105 V8

1067a

73

,*105

74

1057a

9774

97%

1067a

1067a

72 Va
105

973/4
106

737a

73%

723/4

7374

1057/2

10474

104%

104%

105

520

98%

983/4

98%

9974

100

1,400

106%

*1067,

107

73

10674

10674

80

12%

127b

12%

127a

12%

1274

12%

1274

12V4

7,200

100

*79

79%

X77%

79

77

77

767a

77%

76 3/4

76%

777a

77%

530

25

*19

19%

*19%

19%

19%

19%

193/4

I934

193/4

193/4

*1974

2074

400

12%

123%

127a

'

8%

79%

177*

300

50%

50%

9

607a

6174

60

185

185

50

187a

29

2874

28%

*48

50

*60%

6174..

17

2874

185

874

8%

61

62

;;t

497a

50

*49 7a

87a

,

79 7a

28 %

28%
187a
797a

77a

*185

18674
50

87a

9

7%

78

STOCKS

V

98%

8

367'4

186 74

>

Steel' Co__a—„__10 #

Lowest

21

*97

874

10%

17%

preferred series A

*20 7a

987a

*10%

79

(M)

21

8%

1,300

7%

87/a

1»

—

21
*97

10%

177a

a

47

3674

*49

Louisville Gas & Elec Co (Ky) No par
Louisville & Nashville—.
50

20% Jan

62%

47

57 74

79

preferred

>99% Jan

22%

62

46%

56%

Co common.

(F)

Lowenstein

10%

*185

_Nppar.

a—

Cement

Long Bell Lumber
Loriliard

10 7a

22%

a

5 74

57

X10%

10 7a

567i

46%

18 74

674

6 7a

56%

No par

Loew's Inc_—
Lone

*6

57a

2574

257,

48%

a

10

500

2574

47 74

18

500

47

*46

47

*85 7a

Liggett & Myers Tobacco com
25'
.7 Vc
preferred
—100:
Lily Tulip Cup Corp
R6 par Lima-Hamilton Corp
5No par

21

117b

2374

8%

53a

2%
17%

5614

5%
56

7%

5

Co

57,

27a

17%

117a

*46

874

47

17%

2

Va

47

5%

57i

5%

8%

1,300
1,100

11%

21%

217a
*97

98%

874

,

98%

46%.

21%

o97

47a,
213*

6%

6%

*36

^.7

Life Savers Corp—

2174
»

9774

87*

62 7a

17

;

*26

11,600

*4%
21%

11%

47

*25

22 7

23

tper share

*46

627a

18 '/8 Feb

$. per share

47

22%

Range for Previous

S per share

*46

No par

.'97% Feb

Range Since Jan. 1
Highest

47

a

No par

Oct

Highest

*46

461

Libbey Owens Ford Glass

21V*, Mar

Year 1949

11%

Lerner Stores Corp;.—

'

Lowest

11%

*1074

100'

80

11%

5

par;

6

Dec

5%
56

1

Oil

27

172'/a

31% May
20% Jun
95

,

22% Jan

25% Jan

Oct

No par

(The)

>3Va% .convertible preferred
Lockheed Aircraft Corp.A
•

;

*10%

2

Liquid Carbonic Corp com—No

-29% Feb

11

18

Lion

13

11

2

7

13

Dec

574

9

>79% Mar: 1

11

6%

474
217a

4

474

7*

74

6%

21%

18

31% Jan

:

217a

1

>2iy2Jan

Jan-13

21%

par

Belt

3

Jun

467a

Link

24

13 y4
65 y2

4%

21%

21%

87*

66% Jan 11

i

Jviar:

474

21%

21%

Lehn & Fink Products

61% Mar.

4

21%

6%

6%,

47*

21%

98

10

22% Feb

'

67'a

*4%

22 74

11% Jan

Sep

6%

Va

*97

23

Dec

467a

6%

6%

6%-

'

4

21%

*21%

10% Jan

26 %

6474

46%

Corp

2,500
3,300

62%

46%

50c non-cum 2nd pfd

65%

58

63%

257a

Lehman

6,700

5874

647a

41%

577a

62%

4674

11

42

587a

657a

41 Va

57%

63

267a

30

417a

5874

6474

42

56 74

627*

-

4674

6% Jan

41%

58

41%

567a

4

*10%,

par

41%,

*9474,

42

47 Va-

Lehigh Valley RR
No
Lehigh Valley Coal com
$3 non-cum 1st preferred—No

280

95

267a

57% Jan

64

6%
4

21%

,3*85% cumulative preferred-—100
Lehigh Coal & Navigation Co—10.
Lehigh Portland Cement
25

8,600

957a

56%

& Sons Co common—3,

Lees (James)

3074

x957a

41%:

*46%

1

X3074

96

94%

*26

Tire——

317a

957a

427*

1

;

(

&

30%

9574

57%

5

Co

Rubber

31

957*,

r

95

26

4

Jan

62

,—50

13

Feb

'

preferred

30%

30%

30%

3074

62

41%
*56 7a

No par
-No par

—

Jan

20y8

X60

4%%

(The)

Dec

.

x67

,

Co

5% Jan

44%

1-70

•;

—

29%

29%
95

10

.No par
.No par.

..

Gas Light Co__
;
4
Consolid46% pfd—75 Pesos Mex,

La

Jun
Jan

■r

;. —100

*94

Laclede

3y8

21'/a Feb 24

*29 J/2

& Co

Kroger Co (The)

17%

Dec

\ .—10

200

16

,

(960)

THE

COMMERCIAL

NEW
Ranfe for Previous

S per

Range Since Jan. 1

Highest

share

YORK

Lowest

$ per share

S per share

NEW

Highest

i

YORK

Jan

46% Jan

25

50% Feb

10%

Oct

9% Jan

3

10% Feb

1

31/4

Jun

Jan

4% Jan

3

Jan

12

27% Jan

Aug

25% Mar
51/4

Jun

9

21% Jan

3

Aug

4 % Feb

10

Jan

35

6

x31% Feb

20

20

6% Mar
35

Corp

Mission

Development Co__.

77o

Missouri

9

Dec

,11Va Jan

13

12% Feb

21

Mojud

26%

Nov

24% Jan

13

26 Vs Jan

10

Monarch

Machine

45%

Jan

57%

Dec

54 Va Jan

13

3

Monsanto

101%

Jun

114%

Dec

110% Jan

13

119% Feb

7

103%

$3.25

Jun

113

Dec

112% Jan

4

115% Jan

28

Dec

12% Jan

9

13% Feb

3

10

Jan

14%

60% Feb

$4

10

10%

10

Co

Jun

59% Mar

54% Jan

3

3

Jan

10%

101/4

.10%

10%

10%

101/4

3,500

5%

5%

5%

5%

5%

5%

5%

5%

5%

7,100

25%

26%

9,400

6%

63,900

25%

25%

25%

251/4

4%

4%

5%

51%

5%

32 %

12%

12%

Dec

13% Jan

13

15% Feb

6

Moore-McCormick

Jan

18

Jan

11

20% Jan

18

Morrell

.5

14

Jun

26%

Dec

23% Jan

3

36"% Feb

11

Motorola

Jun

27%

Dec

26% Jan

3

30% Feb

27

Motor

15'A

Jun

23'A

Dec

21% Jan

3

23% Jan

18

11%

Jun

Jan

14% Feb

23

17% Jan

7

Mueller

Jun

14%

Jan

12% Jan

13

15% Mar

3

11

Jan

9% Feb

2

50%

Dec

49% Jan

12

52

Feb

4

112'/a Mar

110% Jan

3

112

Jan

23

38%

Feb

108%

Oct

10

Jun

58

115

115

Co

5

July

Dec

15

Jan

13

17% Feb

24

39

Oct

36% Jan

13

40% Feb

24

Jan

43

Jan

13

45% Feb

10

Dec

16% Jan

13

18% Jan

12

38

Jan

31

25% Feb

4

51

13%

56

No par

118%

"115

57%

13%

56%

12%

12%

12%

1,300

25%

25%

25%

25%

900

58%

5,100

58 %

58

*115

118

115

115

115

131/8

12%

13

55%

56%

56%

x55 %

14%

14%

14%

20

20

33%

35

33%

34%

30%

29%

29%

29

"22%

22%

20

35%

35%

35%

29%

29%

5

14%

*19%

35%

29%

23

58%

58'%
117

117

20

20

32%

"113%

117

14%

Xl4%

500

"12%

14%

55%

15%
20

32

12%

55%

56 %

15%

6%
32

251/2

115

13%

13%

13 %

13%

6

"32

115

116

26

5%

5%
32%

"114

118%

*113%

No par

100

400

12%

56%

12%

2,600

56%

'

57%

14,800

14%

14%

15

20

20

20

34%

34%

34%

34%

7,000

29%

29%

29%

30

30%

10,300

22%

22%

22 %

22%

"19%

4,200
600

22%

1.400

22%

22%

221'4

22%

1

"14%

14%

14 %

15

15

15

15'/a

15%

151%

15%

15%

1.209

1

14%

14%

14%

15%

14%

14%

14%

14%

14%

151%

15%

15%

18.000

5

Co

(G

"25

58V2

58%

58%

12%

12%
25'%

115

20

5
No par

Corp

Brass

Co

13%

12%'
25 »A

>

25%

25%

5%
*32

32%

32%

12%

3

Products

4%%

57%

32%
-

25 Va

*115

"113

Inc

Murphy

25%
58

"9%

9%

9%

91/2

*91/2

9%

*9%

9%

9%

9%

9%

9%

-

Mfg Corp
Munsingwear Inc

12

15%

30 'A Mar
41

10% Jan

12%

118

Mullins

Dec

32%
*25

"115

Motor Wheel Corp

171/4

x9'A

25

No par

Co

9

a

No par

Lines

23

25%

25%

4%
32 %

Montgomery Ward & Co

13%

Jun

16%

1,500

10%

5%

com

B
Utilities

&

49

5%

20

16%

(John)

49

10%

w_1.25

10%

Feb

49

5%

No par

47%

59

49

48%

Shares

t per share

Sper share

share

48

481/4

481/4

25%

series

Montana-Dakota

48%

100

pfd series A

pfd

conv

48

pfd_10o

con

Tool

Chemical

conv

49%

the Week

10%

Carpet Mills
Hosiery Co Inc

12%

Jan

S per

tper share

t per share

49%

Sales for

*

Mar. 8

5

A

Pacific RR 5%

Jun

t per share

Friday

Mar. 2

Mar. 1

No par

com

Mohawk

21 y4

Feb. 28

Thursday

Tuesday

Feb. 27

10

preferred series

3

Jan

Monday

Feb. 25

Mission

Mo-Kan-Texas RR

HIGH SALE PRICES
Wednesday

Saturday

Par

27

Jun

3%
25

RECORD

'

f per share

54%

Jun

-Monday, March 6, 1950

CHRONICLE

LOW AND

STOCK

•

Jun

7%
15%

STOCK

EXCHANGE

38%

6

FINANCIAL

STOCKS

Year 1949

Lowest

&

C)

1

common

preferred

Murray Corp of America
4%
preferred
Myers (F E) & Bros

52

"111%

51%

511/4

51%

112

"51

100

111%

111%

*111%

*15

511%

52

52

112

112

112

400

52

51%

2,200

113%

120

17%

*112

12.500

10

16%

167 »

16%

17

16%

17%

171/4

50

"38%

39%

*38''a

39%

"38%

39%

391/4

391/4

*38%

40

*39

40

200

No par

45 %

45%

45 %

45%

*451/2

46

451/2

45%

*45

45%

*45

45%

300

X17'A

com

16%

52

111%

51'/a
112

17

17%

17%

N
10%

Jun

17%

22

Jun

32%

Dec

32

Jan

3

17%

Jun

24%

Dec

23

Jan

13

5

Jan

9%

9%

Jun

7% Jan

Apr

18

3

8% Jan

Nash-Kelvinator Corp
Nashville Chatt & St Louis
National
National

Automotive

Dec

16% Jan

13

18

Jan

4

National

10%

Jun

13%

Dec

12

Jan

13

15% Feb

24

National

Jun

41

Aug

36

Feb

24

41% Jan 11

National

30%

Jan

•40%

Dec

37% Jan

13

185%

Sep

181% Feb

9

170% Mar
4%

Jun

30%

7% Mar

6% Feb

Nov

32% Feb

23

Aug

8% Jan

9%

Jan

8

Jan

6

National

Can

38% Jan

,

11

National

Cash

7%

9

Jun

9%

Jun

12

27%

Feb

39%

Dec

Jan

27

42

13%

Feb.

17%

Aug

15% Feb

25

18

17%

Jun

22%

Dec

22

Jan

13

24% Jan

7

7%

Jun

14%

Feb

9

Feb

20

xll%

11% Jan

13

Jun

19 %

17% Jan

13

86% May,.
Apr
169% Jan

Dec

183

Sep
Dec

7%

Jun.

8% Jan 28

3

,12% Jan 17

11

Jan

*

180% Jan
X150

Jan

3

,

11

7% Jan
18

Jan

Jan

26

Dec

23% Jan

13

Jun

95%

Nov

88

Jan

13

H Jan

% Feb

21%

Feb

28%

Dec

26% Jan

Dec

19% May

15% Feb

14

X80

Deo

86

21%

Jan

38%

9%

Jun

9%

Jun

,

19

82% Feb
40% Mar

Apr

11% Jan

5

12% Feb

Nov

10% Jan

13

11% Jan

Gas

Co*—

.*

Highest

184%

184%

1851/4

185'A

184 %

Lead Co

7l/a
34 Vz \

,

100

National
Natl

4

40

Jan

xll%

Dec

94

Mar

102%

Dec

42

Jun

67%

Dec

Feb

14%

Dec

11% Feb

15

14 % Jan

72%

Jan

66% Jan

13

68% Jan

62% Feb

3
27
15

12% Mar
102

Feb

67

Jan

New
New

23%

Jun

35

Apr

26%. Jan

3

29% Jan

Jun

33%

Jan

27% Jan

4

30% Feb

Jun

Jan

11% Jan

Jun

102%

Dec

98

142

Dec

137

Jan

3

Jan

Jun

10

Jun

14%

Jan

Jun

30

Dec

30

Feb

8

Feb

61

Dec

56

Jan

26

Dec

250

Mar

220

145

107/«

10%*

40%

15%

15%

22%

22%

23

22%

23

22%

22%

22%

23

22%«

23

9%

9'%

9%

3

18%

18%

18%

18%

18%

99%

991/2

100 Vi

100%

ioo'a

37

36%

37%

371/4

37%

N

Inc

1

19 %

*19

19 Va
V2 *
ft

%

39 Va

9

N

34% Jan

6

New

18

Y

$5

St

System

4

35% Mar

3

18% Jan

3

58 Yb Mar

3

96 %

Nov

95

Jan

9

100

Feb

Harlem

Preferred

9

Jan

15

1

No par

Co

100

com

preferred

non-cum

Y

17% Jan

27%

*27 y2

28

*27%

19'A

li

"ft
*24%
101

24%
101

28

27%

16%

16%

16%

16%

16%

81%

81'A

81 'A

*81 'A

391%

39%

39%

39%

40%

39%

*39

12%
*11

Monday

7,400

24%

300

4,300

27%

100

16% *

5,800

82

190

40'A

2,400

12%

12%

12%

12%

12%

12%

12%

1,700

11 Ye

11%

11 VB

11 Vb

ll'/s

11'A

3,200

PRICES

Wednesday

Thursday

Mar. I

\ Feb. 28
$ per share

J per,share

600

11 %

Tuesday

-

Feb. 27

191/4

102

81'A

•

90

1,500

A

"

ft

24=%

101'A

60

'

7%

155

7%

191/4

230

183

155

7%

16%

RR

5%

t per

Sales for

Friday

Mar. 2

\ Mar. S

t per share

share

the Week

f per share

*16Ve

16%

12

121/4

16%

16%

*39

39%

*39

39%

38%

105 ya

*104%

*

104

%

105%

*104%

11%

11%

11%

*102
64

y2

102

>:63%

64%

11%

12

102

106

*103

*100
64

64

12%

161/2
104%
39

IO51/2

*11%
♦16'A
*103

16%
1041/2

11%

*16%
"103

38'/2

381/a

38'A

*104%

1051/2

105 y2

12

12

104

*100

64

12

12 »/b
104

*63%

64%

12

*100
*64

12

12

Shares

16%

12

16%
>103

1041/a
39

*38

•104%

12'A

12 V,

10

12'A

22,000

65

10

65'A

900

12%

13

12%

13

12%

*12%

13

121/2

12%

12%

12%

1,800

67 y2

68%

67%

67%

»67V«

68

*67

68

67%

67%

67%

67%

90

21 Vb

27 y8

27

271/4

26%

27

26%

27

27

27%

27

27'A

5,100

29

*

29

28%

28%

28%

28%

28

281/4

28

28

28%

28%

1,100

13%

90,700

13%
12%
107% 107 y»

12%

13 y8

12%

12%

13y8

12%

13'A

12%

13%

13 Va

107 y2

107 y2

1061/4

107

106

%

IO71/2

107

108

108

108

142

142

142

142

142

139 ya

139 ya

140

140

139

139

*14%

15

15

*27

31%

*140

15 V*

*27 VB

15'A

31 VB

*27

16 'A
31 »/a

15%
*27

16

*15%

15%

15%

31 'A

*27

31%

*26%

1,400
600

15%
31'/,

*57

62

*57

62

*57

62

*57

62

*57

62

*56

*210

230

*210

230

*210

220

*200

220

*200

220

200

1,700

62

50
RR

700

105

104

TOO

65

400

39

105%
104

3.000

16%
104%

No par

220

Co

Hart

series

12%

12%

104'/2

1

100

No par

Y New Haven &

53

%
24%

101'A

*103

lo

common

N

Apr

7%

191/4

■ft

104'A

l

No par

Dock

N

Deo

155

24%

*103

No par

com

York

10

19 %

16 y2

No par

27

53%

12%

1

City Omnibus Corp

Jan

Feb,

*153

7%

T82ye

81%

liy*;

100

lOYa Feb

Sep

13,700

16%

12%

100

Louis

3

48

10,400

38%

81%

39%

f per share

.19%
100%

38%

16%

12%

-

18%
100'A

82

11'/a

.

19 Vb

39%
183

XlOO%

2,400

100 ya

*1821/8

%
25

1,600
15,000

9'A

18%

18 •%

1

6,800

38%

19

19

LOW AND HIGH SALE

Central
&

21

3

7%

1,100
'

9'/4

9ya

155

♦153

!:

-lOO'A

.

*271/4

39%

Feb. 2,»

39

182%
-

19:

100%

103 Vs

ft
*24%

•

12%

Saturday

Brake

Feb

15%

38

102%

%

liy4

preferred series A

&

7%
19 y8

24%
103

12%

100

Elec

Air

Ch-ic

6%

155 '

*19

27%

16%

1

1821/4

*71/4

191/4

.

39 ye

:

7%

7%

7%

*8114

common.

30% Jan

Jan

18%

9

-<

1

York

Y

10

63% Jan

•

11'A

preferred.'

York

9

9

9

99'/a

-,81%

Jersey Pr & Lt Co 4% pfd—100

New

4

Jan

232

9

•

18%

36%

No par

Bros

England

New

-40%

•

*981/2

"

3,700

10%

40%;

15%

9%

Par

7% Jan

9% Jan

6,100

40%

1

preferred
1
Newport News Ship & Dry Dock

18 % Feb

13 % Jan

20%

13% Mar
110% Feb

30

7%

15%

10

4%%

4

9%

7%

10%

16%

Mewmont Mining Corp
Newport Industries common

20

24%

7%

40%

81%

Co

Corp

3%%

2

27
5

7%

10%

STOCK

preferred—
Newberry Co (J J)

9

Feb

7%

10%

*10%

No par

Fibre

f

5

Apr

10% Jan
102

7%

15%

10

com

Co

t per share

16

17

100 % Jan

4,500

40%

EXCHANGE

105% Feb

37% Jan

Oct

9%

10%

27%
16%

!

i

Co

Tea

NEW YORK

9

Nov

7,300

9%

•

15%

100

(T^e) Pa

Vulcanized

Natomas

Jan

39%

102%

7%
36'A

9%

40ye

*2714

4%%

Jan

7'A

35%

9V4

15%

"27 ya

10

-

7%

35%

9%

34%"

15%

No par

104% Feb

103

IV*

34%

9%

40%

102'%

1

Dec

7y,
34%

9%
7%

'

11

*24'/2

Feb

104%

7%
34%

34%

15%

24%

preferred

100

40%

102 y2

4%%

184%

10%

1021/2

Co

184%

15%

*24%

Ref

5,000

40'%

;

25

Sugar

7%

100

38%

22%

1

A

*183

4,200

x38'A

16

1

12.50
No par
10

'

36%

.

40%

.

15'A

:

Prod..,—No par

common

8

40%

10%

40%

5

No par

Nehi

Mar

185

71/4
...

*153

Highest

$ per share

185

154

Neisner

33%

185%

*183

154

10

Jun

39%

155

28

21

38%

*7'A

17% Feb

Jun

39%

154V2

12% Feb

5%

38%

..100

4

48

39%

par

HSsfigR-T

preferred B__

13

205

391/8

182

Range Since Jan. 1

,.tiL«west

$ per share

13%

39%

182

14% Jan

56

39 V*

182

10% Jan

117%

39%

182

Dec

9%

39%

182

13% Mar

65

*36

1

Prodhcts^y^No

preferred

14%

8 %

36

:

Enameling

Jan

93%

36

7%

Jun

Jan

36%

7%

9%

29

♦35 ya

7%

12%

xl01%

36%

STOCKS

Year 1949

,

*35'/2

7%

Range for Previous

tper share

36%

7%

National Supply

6

Lowest

*35%

National

28

13%

36'/a

National Shares Corp
National Steel Corp

2

12%

*35Va

•

1

2

13

3,700

14%

9%

6%

17% Jan 11

79% Jan
36% Jan

17%

14%

National Linen Service Corp
*
l
Natl Malleable & Steel Cast__No par
Natl Power & Lt ex-dist.—No par

2

Dec

171/4

15'A

7%

7%

3

Jan

-

17%

15

9%

11

Feb

17 »/8

151/4

34%

$4.50 preferred—J.

4

28

17%

15

7%

National

103% Feb 24

18

15%

17'/4

15%

,..100

&, Stamping
National Gypsum Co com

3

Jan

13,100

17%

151/4

9%

Distillers

24% Feb

8'/a

17%

15 »/4

341/4

Feb 25

U

25

8%

17%

15'%

7%

National

6

19%

81/8

17%

15 V*

34%
9%

Department

5

73%

-

7%

<17Va

9%

Cylinder

2

680

1,500

15 Va

1

28

9,700

37

24%

*17%

10

Dairy

7% Jan

81/8

8

_No par

National

20 % Jan

81/8

17%"

37

24%

'

1

Corp

National

183% Jan
155

S'/b

35%
*24

8%

10

:

National

4

Jun

preferred

2

39 Vb Mar

24%

8

Inc

common

5

25

x%

Co

Feb

100% Feb

24'A

36%

*23%

Register

Nat'l

17%
37

*36

24'A-

t

4

Jan

„

19% Mar

10

35

Dec

5% Mar
14

;3
•

94% Jan

..

Dec

19%

Jan

38

Dec

152%

.

135

10% Jan

Dec

95%
38%

•

25%

7% Jan

-

17%
37
24

17%

36'%

23%

National City Lines Inc
National Container Co

Feb 15

10

5

Jan

Biscuit

Jan

17%
36%

24%

17%
36%

5

Fibres

Corp

Battery Co

National

-

1

Aviation

186

4

Jun

-

39% Jan 17

14

36%
8%

Jun

5%

24

Airlines

17%

17%

17%

17%
36

24%

17V2
36

1

14

28

.

5

100

Co_.

Acme

Co.100

9%

9%

9%

ioy«

9%

9%

9%

9%

9%

.100

33%

34%

34%

351/4

341/2

35 Vb

34%

34%

34%

A

N Y Shipbldg Corp partic stock
Y State Elec & Gas Corp—

9%

9%
35

9,100
9,600

2,200

1

18

18

18

181/b

18

18

18

18

17%

18

171/4

17%

25

57

57%

56%

571/4

57

57'A

57%

57%

57%

58

57%

58 y8

*99%

991/4

N

%

86

Jan

Common

$3.75

preferred
100
Niagara Mhk Pwr Corp com.No par

*99'/a

100

991/2

99'/4

991/4

98%

98%

50

23%

24

23%

23%

23%

24

23%

23%

43,380

,28

28 ya

28%

28

28 Vs

28

28 Vb

28%

28

12.500

881/2

*88%

24

Feb

24

29

Jan

31

Class

A

86%

12

89% Feb

28

3.40%

preferred

93% Jan

12

95% Feb

28

3.60%

100

98% Jan

*94%

95%

19

102% Mar

3.90%

100
2.50

*ioiy4

102'A

101%

101 »/2

101%

102

32%

32 %

32%

32%

33

1

*9%

9%

9%

9%

9%

May

27%

Dec

25% Jan

3

34% Feb

14

6%

Jun

14

Jan

9% Jan

4

10% Jan

12

21'A

Jun

30

Dec

28

Jan

13

Sep

59'A

Jan

48% Jan

3

52% Mar

Mar

28%

Jan

26% Jan

6

28

47%
26

29% Mar
Feb

...

Noma Electric Corp

2

Nopco

3

Norfolk

Chemical

Co

4

Jan

20% July

18% Jan

16

21% Feb

24

North

American

81/b

Jun

11%

10% Jan

13

13 % Feb

27

North

American

85

Feb

78% Jan

5

Feb

11

Northern Central

Jan

39%

Dec

Ry

35% Jan

13

39% Feb

23

Northern

Natural

Gas Co..

Jun

19%

Dec

17

Jan

3

21% Feb

17

Northern

Pacific Ry

8%

Feb

7

Jun

95

Co

29%

*29 %

51 Ve

51%

27%

28

28

21%

21 y2

21%

12%

12%

12%

8i

84

50

*29y»

29%

*29%

29%

29%

511/2

51%

51%

28

27%

271/2

*27

27%

300

211/4

21%

21 'A

21%

x21%

21 '4

24,800

12%

13%

12%

13

13

53.800

51 »A

51%
28%

*27'/a

21%

21%

21'A

131/B

12%

131/B

51

84

84

51%

12%

30

600

52%

5,800

38%

39

38

38%

38%

38%

4,800

20%

20 y4

21

20%

20%

18,400

12'/a

38,800

*84

85

*84

85

60

States Pwr Co (Minn)—
No par

*94

94%

No par

*108

108%

11 % Jan

13

Jan

5

10

12

12%

25

19%

3

21% Feb

18

23% Jan

4

-31% Jan

10

2% Feb

16

3% Jan

13

tNorwalk

4

16% Jan

17

Norwich

Jan

291/4

2,600

201/4

$4.80 preferred
Northwest Airlines

14

160

9%

39%

9

Oct

9%

21

108% Feb

i4y4

9%

39'A

18

Dec

9%

20%

$3.60 preferred

Jan

9%

2,000

21%

Common

4%

*00

32

39%

21

36%

32

84%

95 y« Jan

Dec

32

9%

84

600

95%

102'A

21 y8

i?y8 Feb 28

1% May

31'A

95%

102'A

39

2

30%

33'A

89'A

95%

102'A

*84

3

Mar

881/2
*95

*101%

9%

*27!/2

84

95%

39%

10% Jan

19

33

891/a
101%

21%

93% Feb

Oct

*95

21%

107 % Jan

20%

*88%
101%

*39%

Dec

Jun

95%

lo

Dec

13

291/4

89%

100

11 Vs

Oct

95%

29%

51 %

27%

95%
12

89%

95

51%

109% Mar

13%

11% Mar

*29

27%

891/2

*88%

1

11 Va

84
Apr
IO71/4 Sep

*32

89

10

Co

31

Northern

89

25

Aviation

75% July

84

28 y4

25

& Western Ry com
Adjustment preferred

27

15%

Jan

100

preferred
preferred
Noblitt-Sparks Industries

3

16 Vi

23%

28 Va

4.90C

991/2

24

23
23

23%

*99

99%

23%

21% Jan

26% Jan

_No par

No par

,

Inc

common

4.6%
preferred
Northwestern Telegraph

Tire

&

'

—

10

35%

35

12

11%

ii%

12

94%

94%

94%

108

108

108'/«

11%

121/4,

20

19%

"30%

30%

30%

2%

*2'A

2.50

*14%

15%

Co

15

94%

12y4

*2'A
•

11%

31%

2%
-15

12 y.
108

'19%

31

*2%

14%

•_

20'A

50
No par

Rubber

Pharmacal

11%

11%
y4 72

'108

12

12

12 Vs

12

941/2

*94'A

94%

941/4

94%

108%

1081/2

108%

108%

108%

1,900

11%

11%

21,200

19%

8,600

32

1,160

270

11 »/a

12

2oy4

19%

20

191/4

19%

31%

*31 ya

32

*31%

2%

2%

31%
*2%

31%

2%

2%

*2%

2%

100

15'/,

14%

15%

15%

15%

15'A

15%

1,200

11%

12

19

0
27Va

Jan

33

May

31% Jan

13

35'A Feb

991/4

Jan

110

Dec

108% Jan

23

112% Mar

3

33% Jan

26% Feb

14

28% Jan

8

19%

19% Feb

14

20

Jan

9

23% May
17% Jan

Dec

20

Jun

31%

Jan

23% Mar

.Sty

Nov

99

Jan

92

Feb

10%

Dec

]oy4 Jan

3

Jan

3

6%

79% July
18% Aug
28

Jun

105

Nor

11%

Jun

64 %

July

49%

Jan-

For

96%

Dec

22%

Jan

40y4

95

1

Jan 31

20»A Jan

20

Dec

37% Feb

17

Dec

10»

107 y, Feb

14

27% Jan
100

Feb

)*■"«

lo
21
10

99 W Feb

23

22

Feb

27

41

Jan

7

108% Feb

2

16'/2

Dec

14% Jan

16

16

—Jan

9

79

Jan

74% Jan

4

82

Jan

14

64%

footnotes

Dec I

see

page

63y*Jan
20




13

Ohio Edison

28

G1V*Fe\» 16

4.40%

Ohio
-

Co common

Oliver
4'A%

Corp

34%

34%

%

34%

110%

110 %

111 Va

110%

112

112%

112%

26%

27'A

27

27'A

26%

27'A

26%

27'A

26%

27

26%

27

20

"19'A

19%

I91/4

19%

*19%

19%

19%

19%

19%

19%

19%

19%

No par

*24 Vi

24%

*97

;

Co,.—.^

Oklahoma Gas &

Elec

4%

pfd:

$4

i

v

35

35

35'A
111

X34%
*111

34%
112

34%
*111

34%

34

24'A

24%

24 Ym

24'A

23%

24

23%

24

24

24'A

100

98

98iA

98'A

97'/a

97%

97%

98 VA

971/4

98%

97 V*

97%

5

11%

12'A

12

12'A

12%

13

131/8

13%

12%

131/4

12%

13

preferred A..100
Collins...
10

98%

98%

98%

98%

981/2

98%

98%

98%

98'A

98%

98'A

98'A

Elevator

common

preferred

Outboard .Marine
Outlet

*110'/a

common

(The)

8convertible
Otis

•

preferred

common

convertible

Omnibus Corp

Oppenheim

--34%

8

100
No par

preferred

Oil

No par

62.50
&

Mfg

Co

Owens-Illinois Glass

2.50
_No par

Co

12.50

*21

38'A
*107

15%
*75

64%

22

38%
108

■

22

38 V,
*107

22

387/a
108

15%

*15 Va

151/2

80

*75

80

65

64%

65

22

38'A
*107

15%
*75

64%

22

38%
108

*21

38'A
*107%

23

38%
108

*21

*21

38%

39

IO71/2

*107

15%

*151/8

15%

78

*75

78

*75

66

66

66

64%

23

38%

107%
15%

15'A
-78

66%

'

22

39%

100

13,600
1,400
3.300

270

17,000
970
700

5,800

108

*14%

15

*75

78

65'A

17,100
-

66

10

300
_

„

3,000

Volume

171

Number 4887

-

THE

COMMERCIAL

NEW
Range for Previous
„

..

Tear1949

..

Lowest

..

• per share

11% Mar

..

7%

Aug

18.

71

30%

Jan

31

;21% NOV

Jan

50

7 Y» Jan

34

Sep,

Jun

54

34% July

89

Feb

104 Ye

Deo

135

Jan

148

Dec

v

,i

2% Jun

■

29% Jun

■v

8

Jun

36

Dec

95%

Jun

Jun

8%
20%

.

3

2%
■29

•-

53/4 Aug

104

9% Jan

Jan

2%) Jan

9% Jan. 20

7

3

31>

Jan

4

17% Feb

36% Feb

1

54% Jan

13

Dec :

10% Feb

8% Jan

61

3'

*

■

17%. Feb

25 %. Jan

126% Dec.

jun

35

Jun

111

'

Dec

Jun

13% Nov

Jan

107

7 22% Dec
17% Jan

3

Mar

31

t

Mar

.

*21% Jan
•

28

•

•

Feb

34% Jan

7

a

107% Jan

6

v -■

16% Jan 13

24 % Feb 17

17% Jan

9

'

32 '

Jun

»

41% Feb 20

45% Nov
113% Nor

104

Mar

29

Jan

96%

Feb

137

Dec

7% May

13

Dec

110

37% Dec

12

Dec*

102

Jan

108

9 3%

8% Jan
Feb

20

13% Nov

11% Jan

37% Dec

36

40%

Jun

57%

36 74

Jun

Jan

Dec

51% Jan

63 %

Jan

58

Oct

56

90% Mar

106

Dec

105

Jan

Nov

24

?

Jan

>

,

Jan

43% Jan
64

25

-

2
31

Mar

Feb

10

108

Feb

Jan

24%

25% Feb

23 %

Jun

3

24% Jan

26% May

26% Feb

Apr

117

Sep

Jan

104%

Dec

103% Jan

20

Apr

110%

Sep

107% Jan

4

8 per share

2V*

27%"

.♦

37%.
"• 30

8%

30

8%

*

874

10%

*6%

2 7a-

*10

30 '

,6j,4

674

*16%

16%

*1674

♦36%

36%

60 %

60%

•

i':*9
,*» 25%,

26'

6074
•9-

2574

>

33

♦31%

-♦3174

*107%! 109

*10774

-•

23%

17%

433i

974
26

2574

2374

2374

23 74'

177 a

1774

177a

17%

1774

17 %

17%

4474

*44%

3574

»iiy4

12%

*1174

11%

-1174

35%

44%
*112

35%
138

35

<

1274

2474

26

26

2574

2574

2574

gl

Co

common—No par

11574

300

10474

10474

200

110%

conv

115

.

NEW YORK

*

115

y

Saturday

Jan

105% Mar
97

Feb

16 74 Mar

Phlla Sc Reading Coal 3c Iron
Philco Corp common

12

4%

$4

1474

Hi

1474

37%

3874

3774

37%

373»ya

90

90

90

5474

54%

5374

5474

5474

10574

105 va

*104%

105 y4

*10474

*104%

C

Consolidation Coal Co

7134 Jan

61

Jan

4

25%

23 % Jan

9

3

Jan

3

26% Feb 21

10% Jan

5

12

50%

Apr

38% Feb

44% Sep

13

38% Jan

16

42% Feb

27

12% Jan

3

14% Feb

9

Poor

15

Jan

4

16% Feb

7

i

Potomac

7% Jan

3

8% Feb

15

6

31% Jan

30

4%%
Procter

79% Jan

16

89% Feb

31

60

Feb

3

X1574 Feb

24

17% Jan

6

4

85% Feb

17

53

13
31

Feb

Feb

class

Electric

conv

Ac

"When

$4.75

100

24-

118% Jan

24

86% Jan

26

88% Feb

6

1

26% Feb

8*

2

30% Feb

2

3

Serv

Co

Co

14%

1474

1474

1574

15 Va

16%

90

90%

90%

*88'/a

90 %

*8874

90%

80

28 74

2874

26%

2874

26 3/4

27 74

2774

27%

2774

2774

4,700

xl6

16

1574

1574

1574

1574

15%

1574

1574

1574

1,800

7%

10%

par

..

37%

37

8

774

$1.40

div

11

10%

*165

774

11%
*140

3774

36%

774

774

1174
155

*75%

77

64

64

*63%

64

2474

2474
146

40%

40

4074

2574 •2574

*1174

24%
*14274

*39%

12

25

24%
146

2574

11%
*140

75%
64

*23%
*142%
25

148

*147

150

166%

*165

166

37,
774

1174
155

7%

774

150

164

37%

II

3674
■

20

20

36%

8,200

"'774 "7%

3,900
4,600

11%

1074

11%

*140

155

*110

77%

78

78

78

78

64

64

64%

63

6474

24 %

24

24%

2474

25

*14274

146

146

2574

12

*11%

12

40

40

X39%

39 %

*1174

150

164

7£

3674

5,700

♦14274
25

*1174
3974

146

155

25%

.25%

12

*1174

200
800

1,000

2574

4,700
100

12

3374

39%

3974

4274

4174

4174

1,300

41%

4174

4274

4274

42 vs

41%

42

13%

13%

14

1474

1374

1374

1374

1374

13%

13%

1,500

16%

1674

1674

1674

1374
16 74

1374

16%

1674

16%

x1674

1674

1674

1674

774

774

774

7%

774

774

774

774

4,700
4,100

30%

1

com

7%

i

774

8

;

8

*42

*29

30 72

*29j/4

3074

*2974

30%

*2974

8874

88%

30

8874

88

88y4

8774

8874

8774

5974

5974

59 y8

59

59

59

15%

15%

15%

15%

84%

84%

85

15%

15%

1574

1574

1574

1574

84%

8474

8474

84

84

Colorado—20

52%.

52%

5274

5274

52%

5274

52%

53

5274

5274

28%

29%

29

29

74

2974

2974

29%

2974

2974

120

120

12074

121

29%
120%

88

*8774

88

i

Indiana—No par
—

100

—

*119%' 120%

preference

106 % Feb

23

Apr

33 % Jan

3

36 % Jan

12

*

Pullman

Inc

Oct

26% Feb

27

30 y4 Jan

9

*

Pure

(The) common—No par

July

107% Jan

3

109% Jan

10

preferred

100

—100

Purity Bakeries Corp

No par

25%

Jun

30% Dec

30

Jan

3

34% Jan 30

15%

Jun

20% Jan

18% Jan

4

21% Jan 30

Quaker State OH Refining Corp—10

9%

Jun

14%

Jan

12% Jan

3

15% Feb

Radio Corp of America com—No par

66%

Jun

74% Jan

73% Jan

13

Feb

7

x7

Jun

9% Ap r

ey4 Jan

3

9% Feb

3

92%

Jan

3

103% Jan

10

29% Jan

27

*120

5174

800

1574

2,700
70

■:

52

5,900

29%

"29

*120

100

4,600

85%

8,500
340

12074

87%

*87%

87%

87'A

*87%

24%

24%

2474

24%

24%

X24%

2474

24%

2474

24%

2474

29%

29%

2974

2974

2974

X2874

2974

2874

2874

2874

29

105%

10674

106%

88

*8774

88

10

22,200
7,200

t

105%

*10574

10674

10674

106 %

10674

10674

10674

106%

9,200

34%,

-

No par

preferred

120% 12074

15'/a
*85

29%

.

com—No par

33%

*84

24%.

*37%

100
com—No par

1,000

88

59

8874
5974

8774

60

*59

60

*83%.

5

com

•'

30

30%

88%

*30
•

*59'%

37

«'

•>

11%

Jun

conv

155

148

165

77

*7574

25%

Feb

5%

*140

774
11%

11%

24%

Oil

155

150

165

37

25%

30%

4.08%

*

*147

«

37

_No par

Inc

4.64% preferred
3%% preferred
,

100

1474

90

par

No par

of

Pub Serv El As Gas

*93

100

14%

37 %

r.

of

300

41%

preferred

Service

105

1474

10

preferred series A—50

Public

400

105

10

Gamble

Public

6

10

34

—1
Co

issued"

cum

100

*93

15,900

*874

*3374

10

,_Nopar

B
Power

Publlcker Industries

29% Feb 28
122

Co

*93

100

61%

9074

5

Pressed Steel Car Co Inc

3

56% Jan

A

105 74

*93

16%
95

60 74

*90

1

Pond Creek Pocahontas

*15

*91

105 74

100

5

Co

17

95

6074

1474

*14274

9

100

90 74

146

43% Jan

10574

34»/«

*93

*142%

14

5974

*104 74

14%

Ash pfd—100
;

*91

10574

92

25

:

40

11,700

*874

100

64

A

*15

74

105

*24%

Pittston Co (The)

6,600,

55%

*33%

105

*63

Plough Inc
Plymouth OH

9.900

547a

10

105

77

3

92

55 7a

'

34

105

♦75

Feb

Shares

1474
38

*9074

* 92

*874

105

*140

Pittsburgh Young

*

14

37%

14%

*33%

*104

-100

B

uu

104

preferred class A__:
—100
5%% 1st ser conv prior pfd—100
Pittsburgh Ac West Virginia—1-100

27% Jan 10

Feb

10

3474

16774

Jun

Apr

*8 7b

3474

150

Nov

12% Nov

10

3474

o974

*93

100

class

60

34 74

*165

preferred

59%

*874

*147

55

29

9%.
34%

168

Ito

147

17

150

preferred

14

37%v 38%
*90

95

*165

gtd

Sales for
the Week

1 per share

*14%

~

5%

Jun

*15

*91

*147

7%

8

Feb

1674
95

Pitts Ft Wayne A Chic Ry com—100

Pittsburgh Plate Glass Co__
Pittsburgh Screw Ac Bolt—No
Pittsburgh Steel Co com
No

12

Dec

*15

*91

6074

16 y«

10

8%

17
95

5374

16

Feb

xl9%

*15
*91

%

1

Feb

10

16%
59

28%

80

Feb

106

23%

150

64% Mar

*104%

1

Pittsburgh Forgings Co

9

144

106

5374

104

100

RR

5374

*3974

95

59%

—No par

Coke Ac Chem Co com—No par
convertible preferred
.No par

54

90

1474

*91

9%

$5

*89%

1374

♦15

-

*33%

Pitts

90

53 % *

5

Pitts

9

shore

•

25

common

3

8% Jan

*89 %
•

100

17

23

11% Jan

1474

37%

23

Jan

ner

14%

No par

£t Louis

Friday
Mar. H

Mar. :i
I

37 %

—No par

com

preferred
Ac

600

Thursday

Mar. 1

tper share

14 %

—100

preferred

C

2674

■

preferred

5%

Wednesday

Feb. 28

$ per share

1

100

Phillips Petroleum

Tuesday

S per share

3

preferred Berles A—

Phillips Jones Corp

2

37% Jan

3

Feb. 27

I per share

Philip Morris Ac Co Ltd common—5

3

16% Jan 20

*

Monday

Feb. 25

Par

3%%

115

"*25%

LOW AND HIGH SALE PRICES

STOCK

EXCHANGE

3

104% Feb

110

115%

8

105% Dec

26

*10974

Feb

28% Mar

26

.710

14,800

110%

,Jan

Dec

25%

25

104 7b

71

29%

X2574

2474

115%

150

Jun

24%

115%

May

25%

2474

1047b

167

x24.% Mar

24%

*10874

4

Dec

x24%

7,100

115%

13

25%

*106

iioy4

Jan

Jan

108

I."

104ya

30% Jan

20%

2474
2574

*106

8,500

a

115

19

26% Jan

10

10674

2474

Electric

*107

"

*109%

Jan

46% Jan

106%
'

2474

" Jan

47% Dec

106 V*

24%

88

Jan

*105%

106 y41

24%

Phlla

175

38

•105V2

.200

•104%

154

Jan

10574

100

79,500

11074

1

80

105 7'a

11%

35% "

106%

Apr

Feb

33 y4,

10674

Nov

90% Mar

Ml 74

108

64%

22

11%
35 74

108

13

Dec

1174
*34%

*106

15% Jan

Jun

11%
35%

10674

Pitts

79%

11%

*34%

x10674

No par

12

.14%

1174

3574

107%

preferred

29% Jan

86% Dec

1174

10574

300

1,700
•

■1274

59%

28

Jan

1274

477a

26% Feb

17

30

.1174

62 7

Jan

Oct

*1074

■

58%

32

Jan

1174

m

% 138

138

47 %

24% Jun

Oct

•10%

36

*35%

3574
138%

62 74

91% Feb

13%

1274

3574
138

59

3

15% Nov

'

138

*3474

1174

1,500
',
30

48

13

Apr

138%

/

6274

13% Jan

Jun

35%

138

•

'

•

58%

86% Jan

8%

•35

44%;
11474

47%

Dec

12%

44%
*11274

62%

14% Mar

22

44%

11474

3574

10
'

59

83

135% Jan

44%
*11274

113

500

II,900
38,600

4774

100%

Dec

•1174

45

113

113%

4,800
■

64

Jun

9% Jan

13774

26%
31

10774 10774
v
23%
2374
17%
1774-

58%

Dec

Jan

V 35%

35

*104

105%

45
112

2574
31
'

47%

Jan

4

26'
;32%
10975?-

2574
3174

63

11

7Va Jan

*10774

59

94

Jan

'-

63

*79

8%

'2574

104%

106

14

Jun

X25%

*32
32%
•10774 10974

4774

Jan

6%

32

4,800
V 100

974-

59

Plllsbury Mills Inc

164

26

109

900

61

*874

v

47%

Inc

Phoenix Hosiery

Dec

>

*10774

9

61%

12

Jan

70

3274
109

x60

61

9

59

27

37%

60 74

9%

2,000
2,200

1674

3574

4874

Jan

170

60 V„

*9

6%

1674
35%

61

34% Feb

Jun

P0%

974

'■

60

10

Jun

60%

*9

6%

674

5874

6

28%

35 7v

59%

611

6%

48 74

3

156%

1074

*3574

*

48%

9 % Jan

Mar

16%

3574

1,100

58%

32 % .Tan

148

16 %

1,000

974

58 Va

Mar

Nov

6%

16%

X3574

674

8 74
.

48%

11

16% Jan

6%

1674

3674

674

400

29%

74

8

59%

Ac Co

32% Aug
105% Apr

155

974

1

(Chas)

7

Jan

8%
10

16%

13,500

4,700

39%

29%

8%
97a

> 23%

112

35%

•

2974

97a

2374

138

*104

*2974

874

974

2374

136%- 136%

11%

2974

*8%

*3674

100

"

2

3874

2374

4474

112

'♦35%*

*29%

2

38%

1774

-

43%

♦111%

4

' 874
974-10

I*

38 Va

2374

23%

17%

674

167436%, 3674

9%

30

874"
'

10 y4

2

2

2

38%.

38

38

4,000

6

142

•30

•

874

2

2Va

37%

.330

'•

2,5j)0

4

Feb

2

37 74". 377a
-

4174-

1374

17% Feb

109

*2

37%

,

4174'

41%

62% Jan

Jan

4 2 74

13

94% Jan

107

♦4 1 74

4174

3

Xl03% Nov

42%

1374

16

Feb

*41%

4074

27

57%

4274

59,100:

13%

14

8%

*41%

1974

40

57 % Jan

32

4274

13,100

99

-

18%

3974

93% Jan

Jun

*41%

99

1874

13 y8

Apr

Mar

1774

39%

Dec

4%

18 7a

13 Ye

Dec

21

17%

13

14

Mar

17%

40 y4

64

32

17%

1274

95%

97

' 9974

-1878

17,200

39 Va

51%

Jun

774

16%

115%

55% Mar

9

Feb

774

1674

99

102 7a

100

'

774
1674

177a

•35

$ per share

13

103

104

7%
16%

7%

1674.

1274

87% Aug

36% Feb

104

1057a

7%
16%

4074

8

135%

*104

77a
1674

*10974

90% Feb

,14%

7%
157%

*104%

4

15%

104

-

7*74
16

111

84% Jan

Jun

7%

1574

♦41%. ,\42%

*

190

10474

Feb

7%

,7%
15%
18%

v

100

5,000

105

105

105%

115%

88%

Jan

*105

*10474

Nov

Feb

1057a

105

■

*109%

79 V*

103

105%

105

77.700

1974

4074

4174

*1974

4174

1274

$6

14

Dec

1974

41%

*

18%

-

18

105

*1974

42%

*115

S per share

50 % Jan

1974

40%

104%

14% Feb

Dec

•19%

42%

110

40% Feb

135

105'%

19%

42-

I,200
100,100

♦109V2

3

10%- Jun

*19ya

374

1074

■

♦104%

14

100%

*105

3?

374

10%

.

100

13% Jan

Jun

105%

334
1074

*3674

37%

374

1074

-

100

32% Jan

26

42 7'a

*36%

374
1074

390

410

5,400

3%

preferred.

Jan

>. 7% Sep

19

42%

37

3%
10%

37»
11

374

3%

preferred

Jan

Jun

19

43

374
10%

3 %•

4.3%

19%

Feb

•36%

37a
107«

.

3.8%

40%

10%

37%'

♦

37
-

3%
10 y4

3V4,

4.4%

Jun

Jan

*36%

36%

STOCKS

t per share

55%

3%

3

104% Mar

Jun
Jan

145%

3%

17.800

2

Jan

116

11%

37%
93%

145%

3%

3374

3374

3374

preference com_—No par
preferred
;
.100

22%
,

145%

3 %

33%

1.500

4074

Lowest

Highest

V4

110

.

12%

Range Since Jan. 1
Highest

Year 1949

70

33

2274

22%

40%
60%

Range for Previous
Lowest

*32

2274

110% Feb 24

xll4% Jan

98

104

33

22%

12%

24

105

110%

33

56

40%

15

Jan

*34

5

*

20%

56

No-par

.Pfizer

11

60

146

22%

145%

3%i

.4%

7%

_100

Petroleum Corp of America(
Pfeiffer Brewing Co„_

146

32

22%

10474

10%
19'

*■

<

No par

■

146

31

145

"36%.

3%.

15%

—-MOO

Co'common,

14574

55

Phelps-Dodge Corp
—25
Philadelphia Co 6% preferred50

;

1

*50% Jan

,

*105

Corpt com__No par

4%%- preferred

-

105%

145%

43

.

Pet Milk

:

6

13% Mar

3

47 % Mar

X4874 Mar

6

107

13
*

3*

105

55

104-%

3%

•*18%.

1

Peoples Drug Stores Inc
5
Peoples Gas Light Ac Coke_—
100
Peoria Ac Eastern Ry Co
—100
Pepsi-Cola Co™
—__33%c

"

5,

11% Mar

25

105

Dec

Jan

-

37% Feb

3

34

Jan

*

6

.13j/4 Jan

Feb

10474

10474

10

•

138% Feb 21

14

.

Jun

17

36% Feb

4
17

11

Apr."

35

Nov

6

1,200

10474

10474

36

,

* 7

35% Jan

Mar

x8

Feb

114% Feb

,•46

8

127% Jan

y.

; 21

.,

Feb

4,700

31

104%

.

power Ac, Light Co——^No par
.Pennsylvania RR
50
v Pennsylvania Salt
Mfg Co com.
10
3%% conv series A pfd
100

*

54

*30%

*104

104%

.3%

Penn

-

5374

30%

31

•

146 **■" 146

No par

.

53%

30%

31 y«

104%

par

preferred

53%

31

53

31

30

6%

53%

52%

31

♦10

'■> Penn; Glass Sand

33%-

3 3'/a

53

31

Coa_-__^_^*_2.50

30

33 Va
53

33%

527a

52%

tPenney (J C) Co,,...,
•
*._Nopar
6 > •Fenn Coal, Ac Coke Corpi._—_
lo
1 Penn-Dixie
10
Cement Co ia-L—
—7

3
<

*32

22%

33 V«

33 %

30%

Feb 24

9% Feb

32%

22

22%

30%*

_„No par

_

600

32%

31%

22%

■——loo

Penlck dc Ford.

200

9%

9

9%

*54

*30%

33 V.

-Peabody Coal Co common
—5
5& conv prior preferred—25

17

12

57

7% Jun

16%

Jan

16

34% Jan

11%

11%

1174

*974

97a

23

Parmelee, Transportation^—No par
Patlno Mines 3c Enterprises—1—_5

*

11% Jan 11-

•1174

1174

Shares

55

31%

52%

Park Utah Consolidated Mines
-Parke Davis A-Co
Parker Rust . Proof

9%

974

54

=•>

the Week

Mar. 8

I per share

'

Paramount Pictures Corp—s—l
,Park Ac Tilford Inc—
:
——i—1

'
,

3Q% Feb: 15-

37% Dec

I 42% Jan

233%

7

.

"

106

11

4

5% Jan

"

4

•1174

12

*30%

Paraffine Cos Ihc common—No par
4% convertible preferred——100

23
.-

19% Jan

Jan

'

6

Feb

;*

-

39y4 Mar, .3

,,

3
r

*

9

♦22%

Airways Inc_—,1
Pan-American Petrol Ac Transp—5
Panhandle-East Pipe-L com__No par
-:-44k preferred.:
——-_—l00
Panhandle Prod 3c Refining.——1

-

27

-

Jan

46%. Jan

4

7% Jan

*9

20% Jan

*

3

28% Jan
.

14% Jan
8

Dec

.

Jan

2

Dec

.

Mar* 2.

.34% Jan 16

,

7% Jan..

Juin

27%

Feb

'38% Decj

Jan

7% Feb
21,.

25

41% Mar

.

*1174

a

9V«

Sales for

Friday

Mar. 2

t per share

$ per share

54

No par

-

S per share

*51%

Pant Amer World

1

117

*9

Thursday

Mar. 1

Feb. 28

54

«

No par

—u_:

Packard Motor Car

*

106% Jan *13

53/4 Feb - 1
15% Feb

9

11

preferred

11T»

9%

SALE PRICES

Wednesday

Tuesday

$ per share

1

12%

♦8%

.Pacific Tin. Consolidated Corp__.—1
Pacific Western Oil Corp—^Mo

'

Feb; 28

:21

'

>6

Aug

Nov

15

Jan

Jan

%

6%

.

7

Feb. 27

♦51

Pacific TelepA Tel eg com—i_10o

43% Feb .16-

2H

Jan

'

.

/Pacific .Lighting Corp
Pacific Mills

*

Monday

♦11%

10

Finance Corp of Calif
lo
Pacific Gas & Rlectrlc_j.____——25

5

4% Jan
11,

13

17% Feb

9

..

Jan

99

x6

.

18% Feb-. 23

47% Oct

23% Mar

,

(

42
*

5

-

_

Pacific

3
i

Inc

common

preferred non-cum—i._No par
2nd preferred non-cum
No par

17

RECORD

Feb. 35

t per share

1st

-

.4

3% Jan

Jan 28

<22% Dec

Jun

Co

10

148% Jan

3

104% Jan

1%

•

7;

.

Oct

24%

„

Feb

Dec

37

Fisheries

Coast

11

Jan

33

*

3

104

Amer

Pacific

■

105% Mar

27

1

Pacific

4

-

3

3% Feb

34

Dec

17%

;

-t

12-

Feb

Jan

55

3 •'

Jan
,■

<:

34% Jan

1J

8% Jan

,

Apr

Jun

101

i

30

.

Oct

5%

34% Jan
23

1
■

2% Jan

38% Dec
104% Dec

15%

.

/

144

Apr

22

24

Feb

101

,r

1

■t,

(961)

LOW AND HIGH

k

3

9% Feb 28

." Feb

52

Oct

t

10%

CHRONICLE

Saturday
v

Par

57% Jan 17

30 % Jan

4%. Jan

: Jan

12
,

-

4% Jan
44

3% Jun
,

,

13% Jan '

3

32% Feb

Jan

Jun

„

STOCK

STOCK

t per share

2Q% Jan 25

27%

!

YORK

FINANCIAL

..." EXCHANGE

Jan 10

5?

NEW YORK

<

Highest

11 % Mar .3

Apr

40

Feb

Range Since Jan. 1

Lowest

J per share

.

Sep

29

v

,14
Jan
10% Jan

Nov

51

r.

,

,

I per ihare

.■

&

STOCKS

.

Highest

.

.

34%

3474

3474

34%

3474

34%

3474

3474

34%

3474

34%

26%

27%

26 %

27

2674

27

2674

27

2674

27

26%

27%

4,900
9,800

*108

32%

*20

IO8V2

*108

10874

*108

108%

*108

108%

10874

108%

10974

10974

200

327a

82%

3274

1,600

*20%

3174

1,200

71,400

32%

3274

3274

31%

32%

32

32 Va

327a

20%

2074

21

21

21

20%

20%

*20%

21

R

101 %

Dec

23%. Jun

29% Dec

21%

Jun

30% Feb

26%

Jun

34% Feb

100

Feb

3
27% Jan
X24% Jan 25

»" 76

>

14

28% Feb 17
16

Jun

23%

Jan

30 y» Jan 13
20% Jan 25

Feb

17%
34%

Nov

43

Jan

36

Jan

25

22% Jan
39% Feb

9

28%

Jun

36

Jan

31

Jan

13

33% Mar

3

For

footnotes

see

page




20.

32

9

$3.50

15

1574

1474

15

1474

•

7574

7574

75

75%

75

874

8%

874

874

874

*101 %

10274

*101%

102%

*10174

No par

*2874

2974

28 74

28%

*28%

-1

2774

2774

2774

2774

27%

1st

preferred——No par
Radio-Keith-Orpheum Corp__
_1
Ralston Purina Co 3%% pfd—100
Raybestos-Manhattan
Rayonier Inc common

I

$2 preferred
Reading Co common——
4% non-cum 1st preferred
4% non-cum 2nd preferred
<

-

25
50
50
50

1574

*7574

*31

2174

1574
76

3174
21%

■

1

1474

14%

14%

1474

1474

75 V4

7574

75%

7574

7574

1,800

8%

8%

8%

874

874

13,600

103

*101%

102%

10274

10274

8 74
*1023 4

10274

29

28%

28%

287«

28%

283 4

28 74'

2774

27%

2774

2774
*317a

27%

277a

28

2,900

3174
21%

32

32

1,800

♦2174

22

1,000

39

*38

39

200

3374

400

874

3174

3174

31

31V4

31%

3174

21%

22

22

22

21%

2174

39

38

38

38

38

34

33%

33%

*38

3974

*38

*33

34

*33

34

*3374

2174
*38

3374

33%

7

3374

10
■

800

18

(962)

THE

COMMERCIAL

Range for Previous

10%

Range Since Jan. t

Highest

S per share

Lowest

$ per share

NEW

Highest

$ per share

YORK

13%

Apr

11% Jan

25

127a Feb

1

Real

Silk

23%

Jan

1674 Feb

25

18

Jan

3

Reed

Roller

16%

Oct

1474 Jan

13

16

Jan

7,

6%
50

9%

Jun

58

Jan

5

60% Feb

1174 Jan

13

14% Feb

91%

85

20

92

10 V8 Jan

13

13

Feb

5% Jan

25

18%

6%

4%

34%
851/4

40

Jan

ft. Jan

13

103

Jan

13

Jan

1474 Jan
5% Feb

98

Feb
Feb

Jan

6% Jan

9 Va Jan

3774 Jan

25

47% Jan

12

,

3

50

10

94 % Jan

5

98% Feb

.Jan

16

107% Jan

Jan

13,

2174 Feb

3

14

42% Jan

1574

1574

*15%

157a

15

15%

15

*734

No par

series-

_

l_25c

!

*87%

Jan

13%

Jun

24%

Jan

108% Nov
21% Dec

1

Dec

37% Feb

21

Jan

16

151/4 Jun
x3%

21"

Mar

7"% Jun

Feb

16

Jan

12

12% Dec

<

Co—

(R J)

Tob

class

,

Roan

Jan

13

14% Feb

9

Dec

30% Jan

13

35% Feb

11

68%

Dec

60% Jail

13

67% Jan

5

96%

Apr

105*

Dec

Jan

12

16% Jan

3

104.

19% Nov

10% Jun
16

Jun

211%

Jan

Apr

61% Nov

54% Feb

15

8%

Sep

12 '/a Mar

10% Jan

3

x20

Dec

Jan

Robertshaw-Fulton

4%%,

Feb

28

58% Jan
12

5

9

109%

Apr

Co

Ruppert

Controls

12% Jan

9

43%

Dec

131%

Dec

123

Jan

2Q

98

Jan

24

105

6'% Jun
77

3

87

Jan

7% Feb

28

May

9%

July

43 % Jan

86% Jan

24

Mar

90

Preferred

Feb

St

7

9%

Jun

13%

Dec

12% Jan 13

17 '/a Feb

24

Jun

31%

Dec

30% Jan

34% Jan

11

46%

Jan

70

Dec

Nov

90

Jun

98

x 103

% July
Jun

94%

Jun

7

70% Mar

Oct

Feb

6

96

Jan

107

Jan

Jan

104

87% Mar
109

7

Feb

12%

Jan

14

Jan

13% Jan

Jan

91

Sep

86 % Jan

92

13%

Jun

21%

Dec

20

47%

Jun

62

Dec

60

16%

19%

Jan

Jan

25% Feb
69% Feb

10

Jan

A

5%

Sep

19%

56

Dec

47% Jan

25

52% Jan

Seaboard

11%

Dec

ioy4 Jan

31

14% Feb

33%

Jun

44%

Dec

41% Feb

15

44% Jan

Sears

91/2

Jun

16%

Dec

15

Jan

3

41%

Jun

6%

Jan

5% Jan

3

6% Jan

10

61/4 Jun

11%

Dec

10% Jan

3

13% Feb

1

1011%

Feb

91

1

94% Jan

11

Jun

Mar

16% Mar

Oil

241/2

$ per share

Jun

•

$ per share

31% May
37% Jan

Jan

24% Feb

par

17%

ma

19

19%

5 >8

•5%

22%

22%

22%

22%

14%

14 y8

14%

14%

35 Va

35%,

351/8

16

2874 Jan
,

3774 Jan

13

4274 Feb

14

10674 Feb
11

Jan

Dec

34% Jan

25

7

Oct

6% Jan

4%

Jan

2% Mar
Feb

38

vtc__—100

5

.

.

&

22% Mar

2

110

3

5

Mar

4% Jan

38 78

38'/2

37%

38%

3774

3774

4,400

11%

1074

117a

10%

117s..,

1174

1174

11,500

4674

4774

467a

*163

165

*100

102%:

"

8

88

*-774

4674

*163%

4674

163

77u

774

47

-•

477 a

4

162

3,700

16274

50
'

1027a

'774

47

*162'4

165

102 74

50

105

'

105

'774

105

•7%

-.

105

774

;

100

Vb

12,000

88

17%

17

1774

1634

17

1674

17

1674

17

14.200

31 VB

3174

31

31i%

31

•

3174

30%-

3174

70%

*69%

70%

70 V8

30,200

70

%

7074

400

96

220

94%
*106

87%
.

*107

87

70'/a

87

*37

70

70

9474

*95

96

96

10674

-106

106

*106

106'%

*86%

108i/2

88

96

88

96

*

.

86%

8674

*86

86%

108

10774

107%

*107

107%

1474

1474

14%

9174

9174

*91%

24

24%

24

2474

2474

2474

6574

6574

66

66

65%

6G

a-

2074

20%

4874

49

.

1374

1374

437 a

4374

437a

1674

1874

1674

8674

8674

*107

96

*106

100%

87

88

70 %

70%

*9574
non

*87

107

106%

50

8774

\

87 74

107%

100

30

107

100

14%

14%

1474

*901/2-

100

91'/a

91%

24 '/a

vtc—l_No par

24 y4

/ 2474

67%

66%

67

*66

9174
24 74

20%

207 s

2074

21

No par

48%

48%

X48 *•

48

*13%

No par

,

■

14

21

13%

42%

43

4274

16

16%

1374

43%

16

1674

*5%

1

11%

No par

*91%'

6

6

1178

*91%

13 %

43%

.

16%

6

11%

92

21

'4874- 49%

•

1374

.

16

.

11%

11%

92

12 Va

*9174

147a

1474

92

92

92

50

1174

92

91

49%

13%

43

4374

92

70

2474

11,600

6574

2074

49

3,600

247 b
'

2074

;

*9174

.

*13

•

14%

14%

65 %

1,000

207a

2074

4,100

4974

4974
1374

2,200
1,000
22,700

*13

!

«

43 Va

4374

74

10%

16%

1674

674

6%

<674

*5%

1274

1274

1274

*9074

92%

6%'

674

'

-

14%

9174

16

-

6

4,300

74

1,300

1274

1274

18,400

*9074

92%

20

Saturday

•

&

Gas

4

45

4

35% Nov

34

Jan

13

12

2574

25 74

25%

25

2574

6,100

27%

2874

27%

2874

27%

28 74

42 74

42

8,300

4174

4174

4174

4074

41%

41

4174

4,100

10674

10674

*106%

107%

*10674

107%

10

1074

10%

19

*18 74

10

,

*18%

10
19

9%
19

•

Oil

Smith

12

(A

Smith

3

Co

15

O)

preferred

Porto

56

Nov

66%

Feb

60

Jan

13

Feb

9

10%

Jun

13%

Jan

11% Jan

5

13 3 8 Feb

14

3

10% Feb

15

26

Oct

23% Jan

6

25

29% Mar

25% Jan

3

29% Mar

Jan

3

1074 Jan

Spear

12

24

Feb

&

Conv

24

Square

Mar

3

Squibb

108% Mar

1

$4

23% Feb

3

Feb

2

Dec

47

Jan

3

61% Feb

143

Dec

140

Jan

26

152 % Feb

159%

Dec

152

Jan

13

165

Sep

61

Jan

Feb

10
9
10

Co

preferred

Standard
4

& Sons

Brands

Standard

Oil

of

7

Standard

Oil

of New

45% Nov

42% Feb

14

60%

74%

€6

25

69% Jan

52%

'74%

*52%
7374

35 Va

35 Va

35 V4

35%

35%

1

No par
1

12%

12%

40%

40

*

1774

16%
109 J/4

*52 y2
73%

1274

127/2

40 Va

40
■

"

22%
*8574
*100

1674

73%

35 74

12%
40

23

109 y4

53
'•

*4374

600

16%

108

*2374

2274
87

2274
87

102

2274

1,800

*17 V8

1674

167-4

110

110

4

4

10%

1074

.'10%

1074

53

5274

53

*52%

53 Va

300

73%

7374

73%

73%

7374

1,000

*1274

1274

1274
4074

.

3974

3974

*41%

43%

*41%

43%

347/4

35 Va

25

•

12%
39 74*
*41

1274
40

100

3514

35%

7,800
50,200

13V4

13%

13%

13%

1374

1344

13%

'13%

13%

3674

37

3674

36

37

37

.

5274

53%

52%

34%

34%

5674

*64

1274

57

56 %

57.

66

64V2

64V2

12%

12%

12V2
874

8%

874

8%

674

674

*6V4

*67

70V2

*67

7

70%

5674
*64%
1274
r

52%
'35

5674
65%'
13

8

8%

*G

6 %

*67

70%

2,700

35%

37 v.

34 74

3,700
.*.

43 7 2

13V4

5374

20,600

%

36

34%

300

9,700

107a

1374

3474

47,900

•

4

3674

5374

500

110

4

13

*

290

1774

3674
,

30

102

*109

4

900

1,000

4,100

87

*10174

1774
16%

.

23'4
3074

30

74

3674

37

52%

53%

5274

53%

13,000

35

5274
34%

53%

34%

35 74

35

35%

7,600

56%

*64%
1274
8%
6 Va

57

5674

65%

*64%

13

1274

8%

8%

„■•

57-

65%
13

8%

5674

57

1,100

*64 %

65%

20

1274

1274

2,600

8 74

17,300
200

8

674

*6

6%

*6

674

70%

*67'

7,300

*67

7074

*67

7074

l

24%

24%

24%

24%

2474

2474

24 74

24%

2474

25

24 74

25

1

2874

28%

28%

2874

2874

2874

2874

29'/a

2874

29 74

2o%

29 74

2

974

974

16,300

9%

974

9%

974

974

9%

9Vc

9%

9

74

9%

7174

7174

3,800

70%

7074

*70

No par
5
1

No par
com—No par

par

Indiana

52%

*73V2

*42%

par

3

54

73V2

43Va

$7 prior preferred—,—„
No par
Standard Oil of California—_No

Feb

1074

*42%

$3.50 preferred!
——No par
Standard G & E Co $4 pref__No
par
$6 prior preferred
-No

3

10%

16%
110

12%

100

common

—

Inc

'

43V2

5

Inc

Co

(E R)

4*

17%

40

No par

65% Jan

36% Jun

18

*17

1274

stock tr ctfs___100

25

45

17%

17%

4374

„—No par

preferred

17y8

40

common__No par

common

$4.50

D

73%

7.50

Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel Inc common..

24

18% Feb

Co

17V2

25

preferred

$5.50 preferred

3

10% Mar

non-cum

Mobile & Ohio

23

Jun

102

-_25

Edison

Spalding (AG) & Bros
Sparks-Withington Co

18

*52

com_No par

(The)———

Railway

Jun

87

10174

'

Southern Natural Gas/Co

Pacific

Feb

50

_50

—

California

Southern Co

5<7-

1074

Greyhound Lines—__5
Rico Sugar

preferred-

Southern

6%

*8574

10%

Southern

22%

*22%

87

10%

9

21

22%
102

10%

12

Jan

22%
*8574

*10174

8574

<-

*107

2374
31

10%

21

70

2274
102

108

30%

374

85%
102

-

2374

30%

3%

*374

8574
102

108

23%

2974

374

38% Jan

3

107

23%

3074

16%

57% Feb

Jan

107

23%

29%

*108%

54% Feb

Feb

108

23%
•'

374

3

7

2 2 74

107%

24..

30%

16Va

3

4

2 2 74

10874

10874

11

574 Jan

30V2

374

Jan

Oct

2274

*2374

1674

32% Feb

Jan

3074

108%

Southern

2

5%

108

24

16%

8%

10

6%

*2374
*30%

2%

*

109V,

49% Jan

92

7,100

1674

54

3

8,500

774

*10874

5% preferred
574% conv preferred—

1

3% July
53% Dec

108

20

South Amer Gold & Platinum
1
South Carolina E&GCo com—4.50

Jan

20% Jan

35%

774

Soccny Vacuum Oil Co Inc
_15
Solvay American Corp 4% pfd__100

4

Corona

Jan

89% Jan 31

35%

7%

*1774

&

Dec

40

357a

774

Typewr.iters.No par

Smith

41

16

3574

*8574

61

13

19

7%

*10174

51

25

*1874

3574

100

preferred

Jun

Feb

•

774

774

100

4.20%

3

4% Jan

103

3

__lo

(A) & Sons Carpet Co com—20

3%%

12

3% May

Iron__

Corp

45%

Jan

18%

1,000

25% Jun

16

18

1874

27,900

32%

34

1074

22%

20

106% Jan

*1074

3574

35%

774

.

2274

37% Jan

72

35%

7 74

10%

18%

•

22%

13

23

35%
•.

200

1,800

10%

.

22%

34% Jan

Feb

19

1074

106 3 4

2274

36% Nov

65

7%

*10

10674

22 74

3

13% Mar

35

106%

41
4074
*106% 10774

2274

Feb

35% Feb

"

22

11% Jan

111 WW

2574

27%

"

4

22%

NOV




25%

2774

'

2274

10% Sep
281/4 Jan

20.

25%

28 Va

22%

South

40% Feb

Jan

Jan

25%

27%

22%

Southeastern

3

40

Jan

25 Va

27%

No par

12

36% Jan

Aug

68

Shares

25%

27%

.

2,900

27

Nov

9

share

25 74

.

3,100

14

14% Apr
45

t per

_1

..

274

3

40

$ per share

the Week

32 74

Jan

Jan

Alar. 3

2874

Feb

Feb

$ per share

Sales for

Friday

Mar'• 2

27a

75%

26%

Thursday

Mar. 1

28 74

16

36%

Wednesday

.

Feb. 28
S per share

*31%

Jan

11% Jan

Tuesday

Feb.27

S per share

274

68

60

Monday

Feb.25

Sper share

3174

Dec

Oct

page

3674
113%

38%

28 74

71%

11

see

35%
*11374

,

2%

28

footnotes

35%
113%

31

53% Mar

For

3574'
11374

28%

Jan

NOV

35%
11374

274

10

Jun

12,700

4

347a
*11374

2874

11

70

46'%

35%
113

30%

Feb

Jun

1

*

2%

53

55

1,800

3074

13

52%

800

10 74

28 %

11

Jan

56%

274

51% Jan

Jan

22 %

10%

1

30

Oct

18%

7,400

2274
*55%

1074

28%

52%

98% Jan

%

56%

32'/a

14%

.No par

Mar

109

99

4

10 %

3,000

30

9% Jan

Dec

56

18%

28%'

10% Dec

92

3.474

'

17

20

22% Nov

55'%
r 10%

800

18

18%

88

*107

.1.1

23

Jan

Jun

227fl

10%

2274

1874
22 7if

62%
103

274

Feb

3% Jan

Apr
17% Apr

187a

62 y8

■=101

30

Mar

106

82

1874

62 74
103

2874

Jan

Oct

Dec

400

6274

2%

25

Oct

Dec

6,300

35 74

22%

28%

87

Dec

181/4

2,100

1474

*34%.

30

102

4%

37%

2274

1474

3478

"

28%

7

107%

107

22%
14%

3474

30%

4

97% July

Feb

2274
14

35

*274

Jan

Jan

Jun

2,300

30%

84% Feb
98

17

13%

2,100

5 74

17 y8

STOCK

Skelly

14

23%

7,500

1974

31%

*86%

1

Sloss-Sheffield Steel &

Feb

100

38%

1874

"574

17%

94%

com

9

16

Apr
Dec

38 V«
=

574

32%

*69%

100

!_.

21

Jun

71%

89 '

106 Va

—1

common

110% Feb

Feb

Jan

1,300

17y4

100

Co!

2474 Jan

18

64

19 74

*10172

55

102%

5

3

4

May

2074

2074

32

*94

Col

15

14% Jan

73

*87

*105

.t—

Jan

Jan

Jun

3874

63

1074

163 !/2
.,.

774

No par

pfd__

com

21% Feb
100

17%
17%

Jan

7%

No par

Shattuck

5

29%

38%
*18%

300
490

No par

28

40

2074,

10

9874
107%

1

28%

33% Jan

7% Jan

49 %

*48

*9774
*107

2074

190

_5

23% Feb

Jan

8,200

No par

3

3%

39

14 Va
'

55%

*

4,600

.No par

13

14%

48%
93%

103

,

-

10774

*62%

1874

5,500

1174

3874

98%

*10174

•:

12,000
a

2274

14
35

63%

23 7

102

9

Jan

29% Jan

Jun

-

6

v

25

2974 Jan
33

20% Jan

10%

8

7%

Dec

Feb

*98

35%

Dec

Jan

163

774

22%

88%

35%

x46

102%

47%

35%

33%

31%

48

165 ;•

*98

1

Jun

100% Mar

35%
*113

*163

.15

Jun

Nov

48 %

2,500

1174

39

5

2274

574

107%

;

100

1674

102

1174

98%

108

23

23%

11%

574

23 >

11%

12

19

21%

2,600
37,000

101

*10074

101

3874

.

1874.

23

11%

21

16%

83% May
95% Jan

■■

1674
.

6

2274

18%

10%

10%

874 Feb

13

Sep

7,000

16

101

101

3974

*5

55%'

10%

374 Jan

27

Jan

■

4 74

:

*106

108

-

574

.

49

22%
*

6

22%

3874

xl8%

10%

16

*10074

2074

14%

10%

1

30

24%

474

l

400

3,300

27 74

38%

35%

vtc-^.No par

13

26% Jan

127%

4%

2674

2074

'

6374

55%

10%

107

5V8

%

9

36%

Jun

16,500

2774

107%

*101 %■ 104

22%

22%

35%

Jan

27% Nov

97

14

38

8

Jan

r

-

11

3974

*35

113

Co of Del

Shamrock Oil

11

2174 Feb

Oct

i

38i%

*10674

7

Jun

•7 74

1074

-

<

1137a

42

3

May

4%

20%

••■-51/8
2274

64 y4

'*54%:

10%

113%

.No par

9'% Jan

18%

35%
*113

.No par

15% Jan

22

22%
56

.

20'

Dec

28

56

*10%

23

15%

Jun

*22%

■

'

5'%

38%

1

11% Apr
Jan

19

Par

4

2874 Alar

Oct

2V4

19%

5

38%

EXCHANGE

10%

5

*35

,

38%

(The)

NEW YORK

.

81/4 Jun

40%

*97 %

3874

5

$ per share

14

25% Feb

38% Dec

Jun

774

18,500
•

'

$4.50 preferred

Highest

105% Feb

30

38%
*48

207a

Refrigerator Co——I
5
Seiberling Rubber Co—
„_1

Range Since Jan. 1
Lowest

Highest'

21% Aug
22%

!

7%--

*106 74

:

10174- 101 »4
1134
1174'

98 74

39%

Seeger

Inc

9174
11 Va

11%;

16%

49

20%

t

*10

1_*

Co

Roebuck

Servel

14%

1074

STOCKS

Year 1949

t per share

3974

*48

38%
17%

i.2

5%

_*

Seaboard Finance

Range for Previous
Lowest

*

3974

397a
49

20%

Seagrave Corp

21% Feb

1374

1

\

10%

2674

108

22</4

1174

38%

1_*^_100
&

preferred series A*

Jan

77

39%
*4774

•

1174

2074

No par

5%

36% Feb

39%
49

1174

1174

38%

_25

common

3.35%
preferred
Seaboard Air Line

18

Jan

...

1,000

60

*8974

14%
92,

t

400

10

1174

101

.5 74

2074

Co—i_100
preferred—,——100

Elec

6

102

*10074

par

;-«.1.75

Scranton

2

874
25

,.

*58 74

60

7 74

•

»

2674

16

1067.4

*_No par

i

Mfg Co 3.65%
4.30% preferred

30

Mar

100

.;

series

Regis Paper Co

*106

•2274

227g

ec

*97%

Southwestern Ry

non-cum

$4 preferred

21

14% Jan

83

1174

r—( 0 0

106%

com—1

common

Scovill

3

574

•

2274

2274
100 %

9874

Scott Paper Co common.„
$3.40 preferred
*

10

9

10

1374

*

*774
25

1074

10%
-

!

874 '•'
25

•

*89

4%
1174

r

*100 »/2

10674

Schenley Industries Inc

4

20

84% Jan

.4%

16 74
101

9874

1st pfd 4.40%* series A——***100
Savage Arms Corp
1
5

3

105% Feb

Oct
91% Alar

104%

Feb

94

108

78

66

3

Louis
5%

9

22%

0

'/a

108 Va

16 Va

*10072

106%

_5

1
Joseph Lead Co__,

St

2.

Jan

9

0

*106':

16%
101

98%

,

:

St L-San F Ry Co com

48% Jan 10
165% Feb 21

100% Nov

6%
2274
102

39%

2-1

(The)

14

Jun

107 %

16 Va

*10074

106 %

(Jacob)

St

Jun

10774

•'

4%

98%

Royal Typewriter

10

Jun

26 V8

19

41% Jan

31

2674

18%

3

78

7%

4%

104

21

87

.774

•

2674

€4%

113% Feb

10% Feb

774

774

2674

*101%

7

Jan

1074

267a

"

.

19

112% Jan

12%

14 %
89 %

10%

11

65

Safeway Stores
5% preferred

37% Mar

14 Va

89'/a

1074

11

104

9

Jan

14%

89%

11

*64 y4

3674 Feb

48V2

35% May
7% Jun

*774

*58 %

*1074

474 "

*101 %

13

Feb

2,100

60

11 Va

•.—20

29% Jan

113%

15

*974

*88%
•'

1

common.'

Co

S
33% Dec

16% Jan

14%

*581%

60

i_20

preferred-*

conv

Ruberoid

31

Jan

1,100

15%

10

474

4'c
preferred series A—..----100
Ronson Art Metal Works Inc.—a_ 1

1

23

12
17 74

15

8%

14 Va

*105%

Co_*_

Inc__'

Mills

Rohm & Haas

12

19% Feb

3

39%

104

*113/a

*167b

9 74

11 Va

16 %■

•.*47
"

Oil

Robbins

7%

101

11%

100

Corp—
1
__No
Company
*
No
Antelope Copper Mines

Ritter

774

5%

v_lo

Manufacturing

17

1074

109

16%

series——100

Richfield

89

1074

2674

*107

B___„10

!
series—

11

31

Shares

11%
171%

25

474

*100%

,

1

—

4.50%

27

Jun

$ per share

11%

25

'

3.60%

5% Jan

Jun

the Week

17

•

.151/8

11%

'

26%

2.50
com

Preferred

19 % Feb

36

Sales for

Alar. 3

'

Preferred

24% Jan

21.

11%

25

974

*58

8874

7%

22%

Rheem

60

.

89

*10074

3

20% Jan

Friday

Mar. 2

$ per share

17

*774

2574

974

14%

474
*11

—10

974

11

—No par

4

4% Jan

Dec

5%

Jun

15

*11%

8%

*25

14%

7%

!50c

common—

Common

9

42%

12

*7%

26

1474

11

1

:

8%

974
*58 "

60

14%

———1

*774
*25

10

*58

—50c

—

8%

26

••

*974

100

-

common
-

*25

—.5

..

102%

*1174

*

Steel

Reynolds

,

10

19

17

preference——10

Inc,.

Reynolds Spring

27

106

167/8

_

7"

Jan

167a

5%%. convertible preferred—^-100

20

3974 Jail

12

1674

50c

Corp—

Rexall Drug Inc
Reynolds Metals Co

•

20

Feb

*1174
*1674

Corp 'com——No par
6% conv prior pfd4 series'A—100
Revere Copper & Brass com.—No par
5%% preferred
1
—100

2

102 Va Jan

31

Oct

7

23% Mar

3

prior

pictures

Republic

20

13

100

12

1674

$1 convertible preferred

4

101

14

20 V2 Jan

17
.

Thursday

Sper share

1674

,

preferred

Republic

"

2

21

$ per share

*11%

;

Republic Aviation Corp

1,

108 % Feb

18

Feb

30

27Va Mar

3

9974 Jan

Sep
Aug

39%

Jan

23

Dec

10

42% Mar

Jan

Dec

103%

Jun

1134 Feb

Jan

23

Jun

Sep

574 Jan

13^

Dec

16%
100

4% Aug
98

11-

Jan

110

Jun

4Va Feb

974 Jan

$ per share

Mar. 1

5

Alfg Co common

Reo' Motors

28

Dec

div

$4.50

2.

7% Feb

Dec

27%

Aug

Jan

S per share

PRICES

Wednesday

No par

Co

Conv pfd 3 % %
Remington-Rand

14

Feb

Jan
Jan

4%

Jun

10%

$1.25

Reliable Stores

20

Nov

Bit

Cftobt) & Co—

Reliance

9

Dec

10

<

Jun

91

7

8%

Jan

17

17

Feb

12%

Feb. 28

•

11

25% Feb
11

6

Nov

Jan

5%

974 Jan

9

3

12%

•

6% May
4% Jun

2%

Jan
Feb

874 Jan

90

Apr

73

7
22

Jan

60 1

Aug

874

Jan
Dec

81/2
27

Jun

SALE

Tuesday

Feb. 27

1950

'

Hosiery Mills com

Reeves Bros Inc

Reis

Monday, March 6,

HIGH

Monday

Feb. 25
Par

Jan

AND

Saturday

5 per share

15 % Nov

4% Jun
18% Jan

CHRONICLE

LOW

STOCK

EXCHANGE

11%

Jan

FINANCIAL

STOCKS

Year 1949
lowest

&

—25

Jersey——25

x7174

7174

18

18%

18

18%

3774

37V2

38

38

108%

*108

*108
23

23

9274

92%

6074

6074

2274
x90%
4

5974

10874

71%

17%
'38

.

108

71%

150

1774

18'/a

1774

18%

17%

1774

5,300

39

3974

39

39%

39%

40

2,200

108

10874

*108

10874

108

2274

2274

91%

91%

59%

149

*146

148

164

*162%

163

6274

62%

6274

4374

4374

4374

67

6774

6674

59
146

•161%

71

18

23

*146

71

1,500

39

91%

*163

6274

*71

60 Va

2274
*91

58%

146

*146'

163

23
92

*161

-

59%
148

162%

.

*108

108 74

130

2274

23

2274

23

5,500

9174

9174

91

92

490

59%
*144

6074
146

161% 161%
627a
61%

60%

6074

*144

146

159

161

9,400
100
600

62

6274

62%

62%

43%

43 74

43 34

43

43%

43 74

43%

43

4374

8,200

67%

6674

67%

6674

67%

fc 7

677a

6674

67%

27,500

61%

62 74

11,600

Volume 171

Number 4887

THE

COMMERCIAL

NEW
Range for Previous
Year 1949

Lowest

20

Range Since Jan. 1
Highest

,

NEW

Lowest

$ per share
27 %

Oct

4

27% Jan

10

102%

Dec

Feb

21

102,% Feb

2

20%

Dec

18% Jan

24

Jan

3

25% Jan
101

20

40

Jun

48

Dec

48

6

50 '/a Mar

Jun

38%

Jan

26% Mar

1

32% Jan

July

13

Jan

12% Jan

3

15

Jan

28

41% Aug

36% Jan

35

Oct

4%

convertible

Starrett

Co

Sterchi

27

39% Feb

10

94

Jan

Jan

98

Feb

21

99% Jan

4

3%%

Jan

33%

Dec

31% Feb

6

34% Jan

9

Stevens

9%

Jun

14%

jan

12

3

18% Feb

14

9 Va

Jan

13%

Jan

14% Jan'

Dec

12% Jan" 13

15 A

Jan

18%

Dec

17% Jan

25

18% Jan

Feb

21%

Dec

20 % Jan

13

22% Feb

Dec

26

29% Feb

9

Dec

45% Jan

28

28%

Jun

52

6%

Feb

90

52 Va

66%

69 % Mar

July

Studebaker

Corp____
Sunbeam Corp

55 % Feb

14

10% Jan

25

Jan

16% Jan

30

18% Feb

14

15

60% Jan

9

Jan

9

Class

12% Feb

3

Sum ay

xl22

Jun

21%

Sep

19

Jan

25

22

Feb

60%

Dec

55

Jan

25

60

12%

Sep

9% Feb

9

Dec

195

Jan

Jan

10

Feb

Feb

11

Jan

4

Jun

41%

Dec

38

Dec

108%

Dec

107

,

3

11

Superior Oil

27

Feb

11%

Nov

10'/a Jan

4

11% Feb

2

Jun

36%

Dec

34

Jan

13

37% Jan

28

8%

Jun

12

Feb

Aug

89'

3%

Jun

6%

9%

Jun

9% Jan

Steel

Co

61/2 Jan

3

Telautograph

591/4 Jan

25
13

26 Vb

Nov

62% Jan

Texas

16

23% Jan

9

Texas

Pacific Coal &

Texas

Pacific

58%

Dec

53% Jan

3

59% Jan

9

Sub

Dec

44

Feb

14

48'A Jan

6

Texas

8

Jun

11A

Jan

10% Jan

3

12% Jan

31

15%

Jan

14% Jan

3

16% Jan

31

8%

Nov

:7A Jan

3

321/4 Aug

30 V4 Jan

3

14

12% Jan

6

25%

Apr

12

•-

Dec
Jun

4%
35

;
:

T

1%

Jun

6

34%

The

11

Thermoid

15

$2.56

6% Jan
40

Feb

4

% Jan

Jan

3% Jan

5

Jan

17% Jan

3

Mai-

7

Jan

13

7Vb Jan

10

Dec

52

Jan

13

55% Jan

18

95

Dec

94'/2 Jan

4%

40

Oct
Dec

25%

Jun

'

Jan

Nov

Jan

22

6.

11

96 Vb Mar

2

3

5Vs Feb
42% Feb

30

Jan

3

24 Vb Jan

Dec

19

105% Jan

5

106'A Feb

7

14'A Feb

3

16% Jan

11,

25

36 Va Jan

5

431/4 Mar

34

Jan

S per

share

10;

Jan

10

Jan

'
.

$ per share

'$

Lowest
per

•

16%

Dec

14% Jan

13

17%

•

Dec

16% Jan

3

15% Jan

3

Jan

11

8% Jan

13

9% Feb

24

98%

Feb

108%

Oct

104% Jan

3

109 % Feb

28

18

.

9%

Aug

15%

Jan

10

Jan

3

12% Feb

18

19%

Jan

25%

Dec

21% Feb

16

25% Jan

6

35

Feb

15

102

321/a

Jan

98%

Sop

37% Dec
103

24.

Jun

4%

Dec

36 % Jan

5

$1.50

Jun

5

24

34%

;

Jan

Nov

291/4 Jan

18

34% Jan

27

5%

4% Jan

3

Jan

9

Twin

21

11% Jan

20

Udylite

6%

Jan

Jun

10Tb

Dec

10

39

Nov

46

Jan

41% Mar

10%

Feb

12%

Apr

12

6

$4.50

17%

*17

56

56

X17

*119

11%
17

*119

11%

*16%

*202

209

*

*17

57

119

119

30

11%

11%

12

18,500

*17

17%

17%

17%

19%

20

20

20%

20'A

20%

4,000

59%

60

59%

59%

59%

10

10%

10%

10'A

10 Va

59%
10%

4,400

211

11%

12

*39%

207

40

11

110"%- 110 %
*10%

36%

*

207

11%

11%

11%

40

40

40

*110

111

*110

110%

10%

11

11

11

37

37

37%

12%

12%

21%

111%

*10%

50

200

11%
37

36%

82

82

0'/2

6%

6%

6%

12 "8

12%

*12%

12%

13'A

13%

14

14%

21%

22

21%

21%

12,300

83

83

83

22'A

82%

22%
82%

21%

:

12%

700

6,500
40,200

13%

%

12%

10,800

*82%

12%

22

*12%

600

11%

36%

,

1,500

206

40

83

6%

205

40

22

6%

208

12%

*110

11 A

36%

12%

207

*39%

-

11%

6%

300

10%

36%

6%

2,200

60

*205

109%

12%

57

119%

20'A

*82

22%

53 %

%

11%

119

11 %

17%

4,500

100

10

36

83

56%

1.600

10 A

10 Va

*97%

19%

*11

12%

22
*82

/

109%

56%

69%

69

10%
99

59%

207

*202

*97

120%

11%

17

10 %

10 A

56%

120 %

11%

6512
99

270

b%

6%

6%

6%

*12%

12%

*12%

12%

200

■

4,500

*6

12%

6

6%

18%.

6%

18%

61%

61 %

6%

6%

18%

18%

X18A

18%

*6

6V

18%

a

6%

0%

6%

18%

18'A

18%

61

60%

61

16%

16%

17

17 %

17

71%

72

71%

72 Va

71%

21

21 %

21%

21 'A

21%

21%

21%

21 %

20%

21

56

56

55%

55 3'4

55%

55%

55'A

6A

60%

61 %

61%

61 %

60%

3,400

17%61%

3,100

27/700

18%

17,000

72%

3,800

20%

20%

6,000

53 A

55 A

55%

I

1

45%

45 %

45 %

45%

*45%

45%

45%

45%

600

12

11%

11%

II

11%

11%

11%

11A

11%

4,600

*15%

16%

Xl6'A

16%

16%

16

16%

16,

16

preferred-,

No par

Co

10%
*36

*16
10

37

13%

*13

13%

1

6%

6%

*6

preferred-^—50

38%

38'/2

38

Co

6%

6%

6%

6%

*38%

39%

39%

6%

39

39

38

13,000
:

4%

*4%

4%

4>A

18%

18%

*7%
54

.

4%

4%

4%

4%

*39%

40%

*40%

7%

40%

4%

7%

7%

7%

200

52%

54%

54 Va

55

55%

1,400

96%

96%

93%

96%

96 %

70

4%

4%

4,100

*39'/a

40%

300

23%

23%

8,700

205%

105%

40

15 3 a

8,100

35

4,100

4%

4%

40

40

40

23%

*105%
15%

15%

151%

15%

14%!:

15%

Nty par

*34%

34%

34%

34Vi

34, %

34

23%

*105%

23%

23%
106

1,400

52%

5

23%

2,000

*94%

10

106

160

4A
18 Va

96%

53

*94%

96%

*105%

4%

*7%

■

53%

*7%

7%
54%

*94%

39%

4A

18%

7%

5,900

18%

4A

18%

96%

6%

39%

18%

54

200

6%

40

4%

<

1,390

13%
"

18%

No par

\

10%
37%

6%

4%

No,par

Roller, Bearing—

10%
*13

18 ','4

No-par

-

800

10%

41/4

*94

com

'A

13

%

1,400

/ 36%

37

13

xlO

10

18'A

*53

com

36%

13%

9%

4%

*7%

15

preference

35%

*12%

18%

No par

„

6

35%

13%

*3%

.__.H00

com

A

36%

16

*15%

13%

!„ 1

(The)—

,

10%

36

*13

10 %

10%
*36

*12%

common—.

'

10%
36'2

No par

/

4%
39.

40

4%
39

23%

24%

23%

105%

23%
106

*7%

7%

105%

*105%

23%
108

'

*

14%

15%

34'A

■

15

34%

34%

<15%
35

15%
34%

'

1/

YORK

1

LOW

STOCK

Corp

Coach

Tuesday

Feb. 27

171

-

Mar. 1

$ per share

$ per share

PRICES

Wednesday

T

$ per share

16%

17 Vb

16%

17%

16%

17%

16%

16%

15,900

19'A

19%

19

19%

19

19%

19

19

17,500

16%

*15 A

16

16

16

16

16

16

16

16%

*16

9%

9%

9%

108'A

108%

108 %

9%

9%

109V8

91/2
109

108%

11%

12

11%

12

11%

11%

11%

12

23 A

23%

22 %-

23%

22%

'22%

22%

22%

36

36

36i/4

3 OA

*102

103

102%

102%

91/4

9'A

No par

*9 A

9%

_50

*331,4

33%

32%

1

5

5

5

36%
*101

36%

36%
103

*101

9%

9%

108%

108 Va

12

36%
103

9%
109 %

'

5

*36

12

7,600

22%

9,300

36%

36%

X103

103

*101

<

9%

9%

9%

9%

32%

*32%

33 %

32%

32%

5

5

5

490

11%
22 Vb

9%

5

..

22%

32%

33

13,200

12'A

x22 A

*9iA

*

300

9%
108%

9%
109

5

Co

Shares

171/4
20 A

com__No par

preferred-

$ per share

share

17%

9%

»

the Week

19V4

1081.4

No par

$ per

Sales fot

Friday
Mar. 3

Mar. 2

17A

*15%

No par

Thursday

19%

8

19

No par

SALE

Feb. 28

S per share

2

.

Inc—„_5

cony preferred—
prior preferred

prior

HIGH

Monday

Feb. 25

Twin City Rap Transit com
conv

AND

Saturday

*

*

Century Fox Film

10% Jan

103

56

120'A

XI1%

10

*97

16%

preferred
Truax-Traer Coal Co

5

*55%
*119

12

65%

10%
99

72

$6

6

56%
120%

65

10
*97

45%

Transamerica

Jan

66

11%

Par

8% Jan

66

65

10%
99

45%

Tide Water Associated Oil

Nov

64%

10

*97

16%

$3.75 preferred
V—
Timken-Detroit Axle

10%

4%* Jan

64 %

10

99

X11 %:

Products

20th

64%

*55%

Transue & Williams Steel
No par
Tri-Continental Corp common
1

Feb

24,000

72

Transcont'l & Western Air

Dec

28%

161/4

4

9%

27%

72 %

27

16%

%

2J%

16%

17% Feb

Jun

?7%

*119

10

EXCHANGE

Feb

27%

11%

!

Highest

6'A

27 %

45%

NEW

,11 %

27%

71%

.20% Feb
*

2 7'A

16%

$ per share

share

27%

3,000

11%

STOCKS

Highest

27%

71%

(J Ri

L

Lowest

10,500

12%

■*45%

preferred
Thomuson-Starrett

Range Since Jan. 1

300

22%

27"%

100

Range for Previous
Year 1949'

18%

22%

9%

Avenue Transit Corp_No par

Timken

*17%

22%

Trust—

convertible

$3.50

18%

22%

16%

Oil

4%

.

12%

*17%

71%

Ry Co

Thompson

6

12%

18

22%

*17%

55%

Thompson
,

12%

17%

22%

18

55%

Fair

tThird

12%

18

*17%

1

Thomas Steel Co

6

13

4.

3% Jan
38

19% Jan

Jan

107 Va

Jun

32%

4

12%

12%
22%

64%

Thatcher Glass Mfg Co common5
$2.40 conv preference-.
No par

17

56Tb
-

2.A May
19%

24

24,

9

23% May

13%

Feb

12%
2 2'A

*97

5

certif'cates—

conv

13V4 Jan

3

36% Jan

7 Vb

A pi-

102% May

5% "Jan

Oct

1

Jun

84%

Jan

11

12%
22%

18

common—^.—__^_50c

Inc

$1.25

Land

Pacific

37% Feb

,

20

Jun
Nov

•

6%
41%

Mar

14%

Oct

share
&

Tetion

12%
22»A

27%

L_25

20'A Feb

48

12%

5,600

22%

17%
60%

Sulphur

Texas

Feb

7,700

37%
.

.——10

Producing Co

Gulf

17

Jun

16%

38

99%

No par

Gulf

731/2 Feb

33%

16

37%
*98%

22%

9

-

3

36

16%

*17%
,

—5

,

Jan

.

16

38

99'A

;

(James)

Co.—

Texas

3'

16% '

12%

Corp J
Corp
t

Tennessee

9

18 % Mar

16%

11%
37

18% Feb

15 Va Jan

16%

110%

3

69

16

11%

23

Dec

16%

36%

5A Jan

Nov

16%

*109%

Talcott Inc

Nov

16%

25

1

70%

3,600

*12%

■

100

12% Feb

18%

32'A

(The)__4.16%

9

Jun

32%

12%

U% Jan

Jun

.30

32%

40

Dec

11A

99'A

32%

11%

17

27'

38

99%

32

40

7% Jan

Jan

37%

99'A

32

16%

Swift International Ltd

17

38

*98%

32

37%

*98%

11%

3

500

32

381/4

991/4

40

5% Jan

200

1,400

32

37%

10%

N9V

50%

*50

32

*98%

40

Sylvania Elec Prod Inc com__No par
$4 preferred
No par
Symington Gould Corp
1

200

4,000

32

10

1

51

7,200

19

99'A

50

;

18%

38%

IO1/4

^

*50

26%
101%

19

38%-

59%

3

Dec

*14

14'A

26
'101

26%
101

18%

32

20%

3

Nov

;

*14

26%
101

99%

x9%

10

6Tb

July

14%

.

25

Corp

Shares

29

14%

*59%

14% Mar

56

4% Mar

28%

14%

xl9%

83% Jan

65 3 i

13 A

28

14%

14%

10%

23 % Feb

Jun

Jun

28

14%

30%

141/4

59%

9,

Jun

16 Va

29

30%

14%

20%

3

74

13%

18

26%

3OV2

*14

10%

4

Jan
Mar

48%

,

29 "2

*29

,

59%

Paper Co

t :
Jun

29%

\

20%

Jan

12 A

2%

50%

25

19% Jan

24%

Sep

of

preferred

&

50%

10c

Co
California

Sweets Co of America
Swift

50

*50

"

Sutherland

4%%

50

50%

12.50

;

Mining

Superior

4

28

50%

*50

25

Jan

7%

17 Va

preferred series A

Sunshine

Jan

18%

:__1

4%% . preferred series B
Sunshine Biscuits Inc

41

26%
101%

18%

/

100

10

110'% Feb

'26%
*100%

19

No par

common

Corp

15

224

26%
101%

18%

1

preferred

Oil

% 'jo

26%
*100%

19 %

No par

Jan

27%

76%

41/2%

26%
101%

19%

19

for

the Week

26%

No par

common

12% Feb

14

30%

4

A

Corp

11% Feb

3

14%

Chemical

Sales

Mar. 3
$ per share

*100%

1

1

Friday

Mar. 2
$ per share

Sper share

26%

—20
No par

$4.50 series A preferred
Sun Oil Co common

118% Jan

1

common

preference

share

101%

18%

5

Sun

Oct

106%

prior

Thursday

Mar. I

26%

15

„

$ per

Wednesday
1

*100%

;

4
5
/_100

Co, Inc

Stone & Webster

3

Dec

227

&

16

Feb

Jun

Pj

17

7% Mar

Aug

(J

10% Feb

16%

8%

common

preferred

Sto'kley-Van Camp Inc
5'/o

1

97% Feb

36%
127

Ino

3

Dec

122

Stores

No par

20

17%

Jun

3 5

13

7

11%

Jan

9

95 % Jan

13

8% Jan

Sep

96

Feb

117

Oct

9%

Jan

Jan

S

Stewart-Warner Corp

24

Feb

L

Sterling Drug Inc

4

12%
161/2

Feb. 28

S per share

PRICES

SALE

Tuesday

Feb. 27

$ per share

common—_19

preferred-—__50

(The)

Bros

24%

100

Ohio

Oil .of

HIGH

Monday

Feb. J5

3%% preferred series A
100
Standard Steel Spring common
1

5

10

Standard

AND

Saturday

.

(963)

RECORD
LOW

STOCK

Par

1

X27

Jan

YORK

$ per share

$ per share

Jun

Jun

STOCK

EXCHANGE

96% May
12

YORK

CHRONICLE

STOCKS

Highest

$ per share

FINANCIAL

5

i

33'A

5

■/,.

5

600

36%
'

103
9

9%

%

230

1,300

33%

290

5 A

/ 2,700

1,700

u
8'/a

19%

Jun

33%

Jun

107

Jan

86 Vb

Jan

__

Aug
—.

—

10%

10%

*10%

10%

10%

10%

42 Vb

42%

42%

42%

42%

42%

41%

42%

1,400

12%

12%

12 Vb

12%

12%

12%

12%

12%

12%

1,500

Paper Corp—No par

28%

28%

28 A

28%

28 A

28%

28 A

28%

28%

28%

281/4

28%

6,600

Union Bag &

9

Union Carbide & Carbon
No par
Un El Co of Mo pfd $4.50 ser__No
par
Preferred $3.70 series
No par

Jan

111% Feb

2

Jan

30

9OV4 Jan
103

10%
42%

12%

6

13

—

10 A
42 %

12%

29% Jan

13

94

10
43

12%

Union

26% Jan

96

45% Jan
112% Mar
96

Jan

2

30

___4

Corp

Asbestos

&

30

93% Mar

2

Preferred

$3.50

Jan

24

104% Mar

1

Preferred

$4

Rubber

Co

series

Jun

32 %

Sep

25% Feb

23

27% Jan

5

89 %

Jan

82% Jan

25

881/2 Jan

9

Unicn

Apr

51%

Feb

50

9

52 Vb Feb

36%

Jan

311/4 Jan

3

34

27

Dec

25 Vb Jan

13

20

Dec

Vb-July

Jan

1041/4

Jun

109V4

Oct

106% Jan

3

10'A

Jun

14%

Oct

13% Jan

25

61%

Jan

85 %

Oct

80% Feb

7

19%

Feb

31%

Dec

30'/a Jart

26

Jun

106 Vb

Dec

106% Jan

3

4%

Jun

9%

Oct

8

Jan

3

29%

Jun

38%

Jan

34

Jan

29%

Jan

40

Dec

40

A

Jun

3%

40'A

Jun

3%

Dec

3%

Jun

103

2

.

45

Jun

25

26

6,500

86%

87%

3,900

1.010

511/4

50%

51 Vb

31%

31%

31%

31%

1,600

27%

27%

27%

27%

12,400

*108 A

109 Vb

108%

108%

110

Jan

18

16% Feb

27

87

28

Feb

32% Jan
110

5

Feb

28

United
United

Biscuit

$4.50

United

4

44Vb Jan

3

50

3% Jan

3

4

9 A

Dec

8 Vb Jan

13

Jan

Jan

11% Mar
78% Mar

12
3

United

3

United

3

60% Mar

19%

Dec

17% Feb

17

191/4 Jan

11

Feb

26Tb

Dec

261/4 Jan

27

29

Feb

21

141/2 Jan

2

12
3

Carbon

1%

—

Fastener. Corp

United

Gas

9

United

Merch

3

United

Paramount

Dec

18% Feb

27

23% Jan

12

Dec

27% Jan

25

301/2 Jan

9

Mar

1021/4

Nov

101 Vb Jan

3

105

Jan

24

Jun

17%

Jan

15 A Jan

26

17

Jan

4

116 Vb

Dec

123% Mar

182% Jan

4

10 Vb

Sep

8 V2 Jan

3

10% Mar

57

Jan

46% Jan

4

54Vb Jan

26 Vb

Oct

189

Mar

1

Certificates
U S

22% Feb

16

3%

Jun

9%

Dec

8% Jan

10

Jun

30%

Dec

28 Vb Jan

11%

Jan

16%

Oct

15Va Jan

71/4

Jan

8%

Apr

81/4 Jan

18

10

1st

7%

preferred

9

U S Industrial

U

9

1

3

18

Feb

4

8% Jan

9

38

Jun

49%

Jan

41% Mar

3

49'/a Jan

52%

Jan

72

Dec

70

5

72

Mar

3

S

Leather

Partic &

U

S

Lines

4 Vb %

U

S

U S

conv

Co

16'A

16%
87

*31%

31A

31%

31%
110

110

110

*84

*108%

16%

16 Vi

16%

87

87

8i

108

31%
110

31'A
*108%

16

109%

210

16 Vb

16,200

89

500

31

31

900

*108

110

*83 %

8%
36 A
49

*8%
36%
*48 %

31%
110

500

2,500

36 A

36%

36 A

36 A

36V4

36 Vb

47V2

47%
3%

47Vb
3%

*47 Va

49V4

400

31/4

13.900

3A

3%

3%

8%

*46%

48 %

10 A

81/4

36%

3 Vb

3%

8%

48 Vb

48%

10'A

8%

36%

3%

3%

8%

48

48%

10A

8%

36%

3%

/

*

8%

49

*47%

:

*8%

8%

v

3A
48%

3%
49

*48 A

3%

A

31/4

49

3%

3%

3%

3%

10%

10%

10%

10 %

10 Tb

76

49

3Tb

10%

3%
10

3%
49

*48

75

3%

50

530

3%

52,800

11

11%

6,700

73V2

75%

76 V2

78%

220

18

18

17%

18

17%

17Tb

17%

18 A

I8V4

18%

18

18 A

3,900

42

42

42%

42%

42 Vb

42%

42%

42%

43

43

43

43

par

59%

59%

59'A

59%

59

59%

59%

59%

59%

601/4

59%

60%

12,200

17%

17%

17%

17%

17%

17 Vb

17%

17%

18

17%

181 b

34,900

13 %

28%

28%

28%

28%

*75

class- A

common

Playing Card Co

*75

75

76%:

'

-17%

75%

28%

27%

28%

28

28 %

28 Va

1

13

13

12 %

13

12%

13

12%

12%

X12%

20

20%

18%

20

18%

19 A

19 Vb

20

l

19%

20

18%

19%

18%

19%

19

29%

29'A

29%

29 Vb

28%

29

29

103%

103%

*102%

104

103

103

16'A

*15%

16

16

16

'

*16
118

*188

118%
189

118

*188%

104

*102

16 A

*15%

120'A

119%

189

*188 Vb

120%
189

119 %

com

*188%

10 Vb

9%

*50

50%

50

50 Vb

50%

50%

*50%

No par
No par

*23 %

23%

23%

23%

22%

22%

9A

9A

9 A

9A

9A

9 A

No par

31 %

31%

31A

31%

31

l

17%

17%

16%

17%

16 5

_io

common

Foundry

78

—_1

*8A

8%

8 A

8A

*8%

8%

42%

42%

42 A

42"! 8

71

71

5

100

preferred

Pipe &

36 A

*48%

.

100

Chemicals

Co

*8%

20

common

preferred

3

*31
*109

16 A
87

*

109Vb

'

No par

Machinery

Feb

10

30%
110%

16%
89

*108

5

No par
*

preferred

4A%

25% Jan
32 A Feb

Theatres
interest

of

U S Hoffman

16%
*87

110

No par

Mfrs Inc

Foreign Securities

$4.50

10

15Vb

&

U S Freight Co
U S Gypsum Co

2
3

Improvement Co
&

16%
89

*108'A

10

Jan

30 Tb

30%
*109

109

3,400

5

United Gas Corp

24

Feb

No par

United Engineering & Foundry
United Fruit Co—
No

23

18%

No par

United Electric Coal Cos_

18% Feb

25 Vb

No par

Corp (The) without div
1
Dyewood Corp' common——!
preferred
100

xl2% Mar

26

Jun

16 A
*86

Carton Corp
10
Co
J
No par

Sep

Jun

19

10

common

of America

&

'*108

100

Dec

19 Va

100

United Cig-Whelan Stores com—30c
$3,50 convertible preferred
_100

11

July

18% Mar
43% Jan

Inc

preferred
Board

Sep

Mar

preferred.

Lines

Air

common

4%%-preferred

28

91/2 Jan

Corp'

convertible

5%

Dec




25 Tb

87

X51%

3Vb

30.

23

X86A

*104

27%

47 Vb

page

25%

87%
32

United

see

104%

26%

87

52%

United-Carr

footnotes

*104%

104%

25%

87%

27%

13

For

104%

104%

26 Vb

86%

31%

11

Jan

'

52 %

53% Jan

Apr

87%

28 Vb

Dec

17%

26

86%

32

17

Oct

26

86%

5 2'A

Feb

187

26

86%

27%

55%

Jun

26

A

25%

25

31%

Jun

Jan

510

~70

52

4

May

93%

28 A

13

6%

93 A

31%

16% Jan

43

104

93%

52

4OV4 Jan

175

104

103%

93%

27%

Jan

23

104'A

103%

93 A

31%

49

Jan

,

93

51%

X44A

.

103%

*92%

31%

37

110

93

93

27%

Jan

Jun

93

,

52%

Dec

!x89 'A

19,600

101

31%

22%

94

*92%

112 Vb

*97

27%

42%

12%

43%

112%

101

52%

17

2

43%

43%

112%

*97

5

Aircraft

14

13%

43'A

112%

101

par

Jun

9% Mar

43 Vb

113 %

United

14% Aug

18 Vo

*97

4% non-cumulative preferred—50
Union Tank Car Co__
No

34%
16

*112%

112%
101

10

25

16

x43

44

112%
*97

50

common

43%

112%
100

24

Jan

64% Jan

43%

112%
*97

Feb

3 Vb Feb

Dec

*97

28'A Feb

Oct

70

RR Co

43%

112%
100

*111%

*92%

Union Oil of California—

Jun

43%

10%

.

-No par

series-

25 Vb

73A

Pacific

43%

11

'

No par

48

30%

10

*42%

'

Underwood

10

42

Nov

1

5

11

131/4 Jan

Jan,
Aug

;

No par

44Vb Jan

3

Dec

96

(The)

3

31%
112

•

Corp

Jan

45%

■

Jan

94

Feb

Co

20

10

*9%

43

*70 A.

9%

43
71

*9%

71

9%

9%

23

9%

28 Va

28V4

12%

12Tb

12%

8,000

20

19%

20%

30,900

19%

19%

20

19%

20

25,600

29

29

29

29 Vb

29 Vb

*101%

103

*101 Vb

103

15%

16

15%

16

1,000

123

5,100

123%

120

189

189

Vb

1,000

10%

4,000

51Tb

23

22%

23

22%

23

9A

9A

3,100

3,600

31%

31

31 Vb

16%

16%

16%

16%

*8i/a

8 Tb

*8 Vb

8%

42%

42%

42%

30%

17

240

1,900

9%

8%

31

16%

90

188 Vb

51

9'A

3,700

9%

9%

51'A

9 Vb

8,300

*1S8V8

189

9%
511/4

9%

31

42

122

122

52

17

*8%

900

19%

31
8

.

7,700
100

41%

42

4,700

72

72

600

■

71

71

71 %

*71

72

19

(964)

COMMERCIAL

THE

Range for Previous
*

*

Range Since Jan. 1
Highest

$ per share

S per

30

Dec

24% Jan

23

29% Jan

93%

Not

95

Feb

20

96% Feb 20

43

Jan

37% Jan

3

Jan

126% Jan

J

133

44% Feb

18

3%%

8c'o non-cum 1st preferred
US Smelting Ref & Mln com

2

46%

Oct

72

20 y4

Jun

26%

129%

Jun

140%

Jan

139

Jan

4

18 y2

Jan

22

Nov

21

Jan

4

22

Feb

21

38%

Jan

44%

41% Jan

3

43

Jan

11

4y4

Feb

6%

Sep
Nov

6

Feb

24

87a

Jun

11%

NOV

10% Feb

11% Jan

10

United Stores $4.20

Apr

92

Dec

4

Jan

,

Feb

27

2

Dec

25% Jan

13

31% Mar
142 %. Feb

5V4 Jan 26
9

Jan

20

67% Jan 21

3.

7 ?o

11

Jan

26

7

4% Jan

11

Feb

27%

Oct

25

Feb

14

27% Jan

9

12%

Jun

17%

Jan

15

Jan

3

Jan

11

3%

Feb

19%

Jan

2% Jun

9%

3 y4 Feb

Sep

23

Jan

25

x25

Jan

16

170

Feb

Dec

10

5G

Mar

25 y2

Apr

7%

Nov
Jun

27

10

Feb

1374 Jan

20

Jan

25

20 y4 Feb

97

85 y2

Jan

98

Jun

.*"'47

91

Jan

100

5

Jun

...

Dec

33 V*

27

4Y\'/«

Dec

99

10

10%

'168

171

10%

10*/4

10%
56*%

*55

22%

22%

22%

22%

974

974

;• 9%

27 y4 •.

2674

27%

27%

27'%-

,,

"26%

22%.
974

13%

1374^

22

22%:

99% :

-

99

.Mar

10

101

Vicks Shreve & Pacific Ry com„100
■5% non-cumulative preferred
100

6

Feb

"98%

Victor Chemical Works common!

2

118

.

18

117

Jan

"47

3% si
•

14% Jan

23% July

20.

Jan

17

122% Feb*

32%

Jan

27% Jan

26

30% Mar

2

Nov

33%

Apr

:28% Feb

28

.

7

Dec

30% Feb

17

preferred

loo

Va-Carolina -Chemical com..—No par
'6 Si div partic preferred
__100

.

s

—_100

115%

25

37

Feb

8

28

.Jan

11

30

Mar

1

Mar

32

Apr

31 y4 Jan

11

34

Mar

3

45

Jun

60 y2

55% Feb

11

59% Feb 24

Wabash RR 4%Si

12

Jun

14 y2

Sep

13% Feb

: 7

14% Jan

10

Waldorf System

25%

Jun

31%

Nov,

30% Jan

17

32% Feb

3

May

105%

Jan

11

105 y4 Feb

17

Jan

13

7% Jan

4

Vlsklng Corp (The )—.
Vulcan.Detinning Co common

"98 74

7%

•

21

115%

*21

30%

29%

;

*29%

99%

9974,
101

*98*%
7%

7%

,.

22 74..

22%

1074

10 74

27%

13%,

28%.
1374

23'%,

24 74

;i3% ,137 a
22*4

23%

,99

99

*99 y*.

9974
*99?% 101

.

101

*98*%

46 74

4574

99*%

*98'%

99*4

*98(4

774

29%

30

-

1,700

8

91*%

93

917%

21%

21

2174

21

21%

21

11,100

93

21%,

29%

115%

115*4

115%

22

*21

*29*4

11674

22

29%,

30

2974

2874

29*%

37

37

'36

30

30

37

*37

37*/4

"29%

30

*29 y4

30

*29%

20

"33

34%

*33

34 ya

*33

34%

.

11,500

■

99%

90

*21
1

1,100
3,000

4574

774

8%.

2,300

,

.

88 74

115*%

■

4,600

1074

2774

4674

..774

40

"

2774

4674
■■

5,000

50

87

20

preferred

"98%
*46

2274

80

1074

"54*%

21

22

*29%

*98*4

47

7%

115 */4

f

99%
101

22*/.
9%

700

700

170

10

10%

1,000

23%

87

<

2974

; ■

*98%

7ya
85

37

5

47

21*/.

115*4

22

•98*%

99% -

7V+

'.'*84%

21

-293,4

25

31% Jan * 3

Api

•«

*98%
'

*

47%.--

29%

25

preferred

33% Oct

30%

10 F

47

84%

■•

"21

99%,

"98%

"98%

>

99%

■

.-7%
"83%
20%

Va Iron Coal & Coke 4% pfd
Virginian Ry-Co common

7%

-"98%
•

101

47%

10

com

$5 preferred...—

6 Si

"98*2

5

•

Virginia Elec & Power Co

10

26

_2.50

;

170

56

3,400

5

23 y4,

171

10

56

3*%

*474

23*%

*168

56%

*56

3'%

er

474
"23

22

113% Jun

<

9%

171

3%

3%

4%

23*%

1374

27

*

-

4%
*23

13%

21 y# Feb

'

i:

5

23%

22

18% Jan, 18

30

16

13%-

Dee

Jun

*1574

22

120

y2

16

13 y4

Jan

25

15%

2134

11

28

16

'

11

23% Mar

*153i

1

23

Jan

16

21%

49% Feb 10

6% Jan 27

115

27

-13%

jJan

15%

*25

13y4

8% Jan

Jan

27

21%

•98% Feb

10
27:

Jan

'

2,500

1,300

97*%

*25%

3%

Vertientes-Camaguey Sugar Co_'_674

96% Jan

,

22 "

-

9%

*95*%

27

Vlck Chemical Co

27

.<

21%

•27%

220

6

3%

10%

57*/a

2iy2

98

102,700

1074

*25*4

"168

10 3«

"9%

'96

*574
10%

3%

9

79-.

\

Jan

98

6
11

26%

3

Jan

11%

*95

6

107b

14% Jan

118

.82% Jun

169

"56%

"27 Va

42%

98

*4%

10%

10

42

3%

23 y4

57%

2.50

42

24 y4 Mar

3

20%:Jan 26
Jan

Co

2,200

X42

6

5

10%

Raalte Co Inc~L_—

1,900

21%

11

24

169

3174
140*%

21%

G

16

"56%

Norman

Jan

170

3074
140 y8

"25 */4

1

Van

v.

5

23%

69*%

21%

li

3%

_100

com

preferred

Vanadium Corp of America—No par

45 r

5'%
24

*68

42*%

*42

5%

38

x21%

"96

98

3%

133

10,900

21%

li

16

Van

98

"96

15%

6

"

Dec*-

574

31
140

2 1 74

li

1074

16

12

Jan

6

a

'.8

"15%

23% Jan 11

98

V

57

140

J 40

27

170.

30y8
139%

42 y8

*25%

28%Feb

*

42%

27

100

30%

42%

—1

preferred

Universal Pictures Co Inc

,

31%

3%

10'% Jan

>Jan

12 Va Jan

"Oct
Dec

85% Mar

8%

30%

30%,

42 V»

5

3,900

139%. 140%

30%

"25%

"23%

1,500

3774

68%

2

1

133%

37*%

37%

*66%

2174

3%

133 */4

3774
68 y8

2174

99

133%

37%

50

3

9 <

Nov

"96

No par

Universal Laboratories Inc

2

61% Jan

14

preferred

convertible preferred

4374

*66%

22

10

42%

68 Yb

133 */4

3,900

97

43%

37%

133

Shares

27*%

*95

97

42%

133 »/4

141

6

*95

43

3'7%

217e

10%

27%

27%

"66%

140%

5%

10%

27%

132 3/4

43%

"42%

2d pfd—5

non-c

37

"66%

22

22

97

42%

$ per share

68 y4

30%

140y4

24% Feb 23

11% May

20 y«

11% Feb

1

*

30%

140%

Universal Leaf Tobacco conn—No par
25

2

Mar

Dec

Jun

17

12%
64

30 »/4

No par

273%

Sales for

the Week

t per share

37*/a

68%

Universal-Cyclops Steel Corp

9

Feb

133 */a

37%

100

convertible

$6

43%

37%

non-cumulative

4%

42%

133

133

26%
*95

Friday
Mar. 3'

Mar. 2

t per share

27%

"95

Thursday

Mar. 1

97

433%

No par

common

26%

43

"66%

United Wall Paper Inc common

Jan

161

Jan

7

43%

5% Jan

11

4% Feb

Sep

16

Jun

25 y
170

Mar

156

95

43%

27%

1950

PRICES

Wednesday

t per share

98

50

preferred

US Tobacco Co
Tjo

2734
"95

50

preferred

U S Steel Corp common

3<

21

80

100

7%

27%

"132

preferred__25
United Stockyards Corp
1

37

t per share

98

"42%

100

Oct

66% Feb

40"% Jan

27%

__10

33%

Apr

Feb. 28

"95

100

€2

Mar

Tuesday

Feb. 27

I per share

1

preferred series A

US Rubber Co common

10

133% Mar

Par

US Plywood Corp common

3

Monday

Feb. 25

1

Monday, March 6,

HIGH SALE

Saturday
;

tper share

share

19% May

31% Aug
112% Jun

CHRONICLE

LOW AND

STOCK

EXCHANGE

82

Apr

YORK

NEW

Lowest

Highest

$ per share

FINANCIAL

STOCKS

Year 194!)

Lowest

&

*33

'21

22

30*4

36%..

297.

3674

*21%.

30%

29 y4,

2974

115*4

116%,

3674

30

*2974
*33

340

1167422

30

1,500

29%

34*%

!

2974 s

1,900

3674

31

34%

30

2.900

39,400

3674.'

600

*29 74
34

31

10

<

34*

110

W

101

Jan

Oct

103
31

Jun

33

Dec

Jun
Jun

9%
17%

Dec

16

Jan

3

x87%

Jun

101%

Dec

97-

Jan

16

9%

Jan

16%

Dec

13 y4 Feb

14

18%

Jun

30% Dec

29% Jan

3

38% Feb

6

21 y4

6%
Xl2

Jan

14

Jun

22"%

Jan

23%

Jun

25%

Dec

11%

Jun

14%

Sep

16 y.

Feb

24%

11%

Apr

3%

Jan

36% Mar
9% Jan

3
10

19% Feb

1

Jan

21

16% Jan

24

102

14

18% Jan

9

24y4 Jan 28

25% Feb

15

15% Jan

9

15y4 Feb
Feb

27

Dec

20% Feb

21

24

17%

Nov

14

Feb

14

16% Jan

7

6%

Oct

5% Jan

3

6% Jan

12

xl3

Jan

11

Jan

24% Jan

13

27% Jan

July

84%

Dec

83 y2 Feb

28

85% Feb

8

Jun

23 Yb

Jan

20 ya Jan

3

23% Jan

18

16%

Sep

Oct

19% Jan

13

23% Feb

25

78

27%

Jun

22 y4

25%

4%

preferred

preferred

Walker

59

*53

59

59

59

*14*%

14%

*14 74

1474

14%

1474

*1474

14%

14'%

14%

200

3174

3174

3174

31%

3174

31%

ri*%

31%

31%

3174

1,100

103*4

10374

100

G & W

*34'%

8%

Ward Baking Co common

Dec

23% Jan

13

27% Feb

12

5

Wesson Oil>& Snowdrift

2.50

t per. share

$ per share

8%

Dec

7% Jan

13

Dec

x39% Feb

16

44 % Feb

3

Feb

16%

Deo

16

Jan

3

1974 Feb

21

Sep

33%

Dec

31

Jan

3

35% Mar

Jan

20

13

21%

2

Jun

30

Jan

28

Jun

70%

Nuv

66y2 Jan

3

Jan

18

24

Dec

1974 Jan

13

23 y2 Jan

4

34%

Jan

25 y« Jan

3

2774 Feb

4

May
Jun

98%

3

33% Feb
73

9

33

Feb
Jun

Dec

30*/2 Jan

13

3474 Feb

23

104

2074 May

21%
102

-

9% Feb 24

Aug

103 y4 Jan

6

105% Feb

18

Jau

22 74 Feb

16

26*/2 Jan

6

2674

Mar

Dec

115

4874

112

Feb

20

14

112

Feb

20

Jan

43% Feb

July
23% Mar

89%

Jan

81

Jan

3

89

Feb

28

32%

Dec

30'% Jan

13

41

Feb

27

12%

16%

Dec

15'% Jan

25

16% Jan

5

2974

Jun

•

71

Jun

18%

Dec

31

Jan

4

34

Dec

3374 Jan

12

34

Jan

9

14%

Dec

12% Feb

15

1474 Feb

3

774

Jan

5'% Jan

3

Feb

20

51 */2 Jan

3274

Jan

2874

49% Feb 27

Feb

7'/a May
4% Jun

Dec

36% Jan

7

9

26

55% Jan

5

Jun

12%

Dec

12 V4 Jan

4

1374 Jan

31

70

Jun

7974

Nov

77'% Jan

5

82

Feb

27

10

Jun

X42%

874

57%

Jun

Jan

13%
217b

15'%

1574

15%

574

574

574

574

5%

574

2674

2674

26%

10'% Jan

27

22

2374

2374

2374

23%

2274

2374

2274

23%

2274

23%

23

2374

20,600

2674

27 74

27%

*11374

114%

•10774' 109

*48'%

*10974

49'%
111

2774

27%

*113%

•

49

49

40

109%

110

*10874

*10874

110

*10874

110*%

1474

15

1474

14%

14'%

3,300

.

111

4874

487%

800

10974

109%

50

4874

*109'%

48%

4874

*10974

111

AND HIGH

Tuesday

Feb. 27

f per share

tper share

974

9*/a

--

t per share

40%
1874

40%

4074

1874

19%

*34'%

3474

3474

35%

3274

3274

4174

41*%

42

40 */4

4074

40*%

1874

1874

1874

1774

1 874

18

100

34

34

*32

*33'%

35

32%

32%

3274

33

70

70

7174

71

71

71%

500

20%

20%

2074

2074

2074

2074

2074

20%

3,200

27*4

2774

2674

27

26'%

2674

26%

26%

2674

2674

26

26%

10,600

33%

31,400

34'/a

3374

34%

33%

*104*%

104%

*10474

237/a

2374

*2374

*108

113

*108'%

113

*108%

33%
105

23%
113

*71

3374

3374

10474

10474

3374

10474

24

2374

■108'%

113

*108*%

-

113

49

4974

8774

87%

38

38

2,700

Jo

1674

4,500

4,000

4974

89

*87

89

3774

39

37%

38

38

16%

16%

16

16'/a

1574

16%

16

16'%

16

16
"

34%

34%

3474

*33%

34'%

12%

12%

1274

1274

l

674

6%

6*/4

6'%

6%

674

6%

pfd series A

No par

*52*%

53%

5274

53*/4

52%

53%

Wilson & Co Inc common

No par

1274

No par

*80*%

35

Nov

32% Jan

10

4974 July

48

Jan

3

11%

Jun

18%

Dec

17

Jan

13

X59%

Feb

72

Oct

69% Jan

9

73

Feb

27

Prior preferred 4'/2%

65

Jun

76

Nov

74

Jan

4

7974 Feb

27

Prior

68

Feb

89

Dec

85

Jan

7

89

Jan

9

66

Feb

82

Dec

80

Jan

25

87.

Mar

Oct

10% Feb

16

13% Jan

Co

1074
2274
*139

12%
82

1074
22%
142

1274

13

1274

*80'%

82

*80*%

*10%

2274

10%

*974

22%

22'%

142

*139

*139

12%
82

9%

2274
141

*34

52 %

1274
*80'4

*1074
2274
141

6,300
170

3474

3474

3474

3474

35'%

34%

34

34

34

34

13

1274

1374

13%

1374

2,800

674

674

6'%

6%

13,300

674
52%
1274
82

1074
2274
141

10

34%

3474

34%

35%

3574

35%

35

3574

10

Co

1,300

113

38%

x48'%

87 */4

41

34'%

500

2374

89'%

4974

88

'

10474

4974

49*/4

88

40

49%

34%

Sep

*108 74

600

4874

49%

88

40%

49

1274

Jun

2374

32*%

*87'%

49 »/4

88

39%

3474

44

3374
5104

2374

*33*%

22

3274
*70

34

104%

2374

20

10

1,100

70

32%

2474

10

1,600

35

2174

32 *4

10474

100

14,700

21

3374

com

*34

8,600

19'%

*69

*23*%

.

41
1874

68%

*104%

preferred

;

Shares

974
41'%

21 %

33%

100

$4.25 preferred

974

6874

12%

common

Sales for

the Weekr

21%

12.50

No par

20

t per share

974

12%

(F W)

Mar. S

97a

18*%

35

Friday

Mar. 2

974

34%

Iron

Thursday
S per share

9'%

3474

Wool worth

48%
111

9 74

1274

Woodward

*109'%

1474

974

9%

34%

6%

4874

49'%
111

Mar. 1

41*%

100

1474

t per share

10

No par

14%

Wednesday

100

*34

110

2674

SALE PRICES

Feb. 28

*33%

Wisconsin Elec Power Co

3

114'%

*10874

Monday

974

White Sewing Machine common—1
Prior preference
20
Wilcox Oil Co
5

Wilson-Jones Co

28

15,700

*113

110'%

1

11

Feb

27 Ve

11374

No par

25

51

27%

113%

*10874

2774

Saturday

1'

11% Jan

3574 Feb

2674

*11374 11474
*10874 110

*108%

15%

*109y»

27%

11474

10874

27

109%

1574

530

3,000

10874

109

*10874

4,300

*11374

114%

no7y2

2674

2674

Feb. 25

(The S S)

3

300

84

$5 conv prior preference—No par

31

2,600

2674

1

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

197% Jan

1,000

5%

2174

100

3.80Si preferred series B
Weston Electric Instrument

139'% Jan

15%

574

'

84

100

Westinghouse Air Brake
Westinghouse Electric com

Dec

11

574
27

pfd

com

Willys-Overland Motors

*1574

1574

84%

Preferred series A
100
Western Union Teleg class A.No par

Nov

Jan

■

2174

preferred.

140

141

1574,

21

4

2274 Feb

6

300

*20'%

8474

LOW

Jan

Jan

1574

21

2174

STOCK

128

14%

21

84 74

Western Auto Supply Co
Western Maryland Ry com

conv

3,800
2,000

2174

Western Air Lines Inc

$4.50

1374

8374

Par

White Dental Mfg
White Motor Co

25'%

13%

2174

100

Western Pacific RR

1674

25%

8474

preferred

2nd

*21

2174

574

1574

non-cum

*21

21%

15'%

*1574

4Si

16%

13'%

22'%

4 per share

41%

5374

26 74

EXCHANGE

Feb

1674
25%

1374

5%

West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par

NEW YORK

1674
*25

1374

1574

109%

Highest

1674
25'%

1374

21%
15%

*10874

Range Since Jan. 1
Lowest

Highest

32% May
21

'21

21%

STOCKS

Year 1949

8%

13%

2,200

83%

preferred series B
preferred series C

Range for Previous

16
*25

1674

_100

4% Si

36

22

4.lOSi

3

36

22'%

7

14

36'%

2674

108% Jan
Jan

3574

8474

13

Feb

3574

3,700

2174

107% Jan

51

27,500

26'%

Dec

110

440

1374

13%

84%

108

4

18%
101'%

13'%

8474

Power 4V2V0

Jan

18

101

13 74

101

26%

Electric Co com__No par

Jan

18%
101'%

1374

2274

4.20%

46

1874

101'%

84%

West Penn

108

6,300

22*4

West Penn

18

7,400

8'%

1

7

4
23

36'%

8%

35'%

25

13%

3474

8%

No par

com

$4 convertible preferred

West Indies Sugar Corp
West Kentucky Coal Co

25

5

1674
25

13*%

5%

24

t per share

17

25'%

15:%

Feb

Lowest

1674
*25

xl3

60

3474
,

101'/a

36

1374

1

114

13% Jan

*3574

18%

103

Xl3%

13%

2574

!_5

Inc

109% Feb

17% Jan
50% Dec

36'%

18

17%
101

*1374
21 */2

18

Jan

17'%

1374

*25

5

28

108V2

17 YB

1774
10074

14 y.

36*%

36%

18 y4

100'/a

103

300

60

'

lliy8 Jan

Feb

8'%

1374

*58'%

10474

3474

8%

"18

108% Feb

16

3474

874

100

Jan

,•

34 74

8%

18%

3

Wayne Knitting Mills
Wayne Pump Co
Tobacco

34%

P*4

100
14%

No par

Webster

3474

18'%

Washington Gas Light Co
Waukesha Motor Co

*103

8%

1374
*36

105

3474

9974

No par

*10374

b

1

Warren Foundry & Pipe
Warren Petroleum Corp

105

59'%

59 74

874

100

Nov

May

34 3

__5

5 % % preferred
Warner Bros Pictures

108%

35%. Jun

*103*/4

3474

8%

115

104

104

No par

Sep
Dec

104

No par

Co

Apr

12%

59

14%
3174

104%

101% May

59%

*31%

107

14% Jan

*59
*14 Ya

No par

.

;

(Hiram)

Walworth

100
No par

common

*

16%

xl9%

Walgreen Co

4974

50

4974

5074

49

74

50'%

49%

50

5274

53

1274

1274

*8074
10%

2274
*141

*34'%
50

82
11

2274
143%

200

52%

52'/a

1,400

1274

1274

4,100

*80'%
11

2274
"141

82
11

2274

900

5,300
10

143%

35

35

35

3,400

50'%

50'/a

50%

6,200

19%

6,500

Worthington Pump & Machinery
X1974 Feb

24

3

8%

Feb

1274

19%

Jun

30%

Dec

Jan

13

Jun

1274

Jan

10% Feb

10

30% May

39'%

Jan

36% Mar

3

40'

Jan

23

26 y2 Jan

4

31

Feb

9

8

27

16%

Jun

2874

Nov

53%

Jun

7774

Dec

72% Jan

13

10 Ys

Jun

1474

Jan

11% Jan

33%

Dec

474

Oct

2074 July
374 Feb

•Bid

dlvldend.

and
y

asked

prices;

30

Feb

12% Feb

28

14
3

8174 Mar

3

3

15'% Feb

9

31% Jan

13

52% Feb

474 Jan

6

no

Ex-rlghts.




sales on

,

6

Feb

thig day.

Common

Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co

Yale

& Tcwne

18%

*1874

72

73

7274

73

71

71

*71'%

73

79'%

79%

79%

7974

78

7974

*78

79

79

88

85

85

*84

86

86

87

2,700

1174

1174*

2,000

29%

2,100

14

Zenith

24

Zorrite Products

89

*85

19

88'%

'85

19'%

88

*85

83*4

83%

*83

84

84

84%

84

84'%

35

11%

11%

*11%

11%

11%

11%

11%

11%

25

29(4

29%

29 74

29%

29

29

28%

2874

18%

1174

Mfg Co

28%

2874

1874
*71%

29

73

180

79

640

120

85%

1

11%

11%

117

a

1174

11%

1174

11%

1174

1174

1174

11%

1174

50

38%

38%

*3774

38'%

38

38

3774

3774

?7

37'%

3674

3674

900

par

29%

30

x28%

28%

28%

28%

28%

29

2974

2974

2974

30'%

5,300

par

78%

79%

79%

78%

79%-".

78%

7974

7974

7974

79%

81%

13,100

par

14%

14%

X14*4

14'%

14%

14'%

1474

1474

1474

1474

1474

1474

2,000

No par

4734

48%

47%

48

46%

47'%

46%

47'%

4G54

4774

47%

9,000

1

Corp

574

574

574

574

574

0°/8

5%

574

9,500

Ccrp

petition

'87

19%

5

Young (L A) Spring & Wire_No
Youngstown Sheet & Tube
No
Youngstown Steel Door
No

tin receivership, or

18'%

71%

79%

19%

No par

convertible preferred

Radio

1974

71

79%

No par

York Corp common

4'%%

19'%

100

100

No par

series

j>fd 4'/2% conv series

has

been

filed

for

6

company's

79

574

5%

reorganization,

a

Deferred delivery,

r Cash sale,

s Special sales,

47

574

wd When distributed,

3,300

x

Ex-

Number 4887

Volume 171

COMMERCIAL

THE

Bond Record
italic letters in

the

column

FINANCIAL

CHRONICLE

(965)

New York Stock Exchange

«»
FRIDAY

The

&

WEEKLY

-

YEARLY

-

bonds mature.

"Interest Period" indicate In each case the month when the

headed

Figures after decimal point represent one or more 32d of a point.

SALE PRICES

LOW AND HIGH

Bange for Preyious

GOVERNMENT

Range Since Jan. 1

Year 1049

Lowest

Highest

Lowest

Highest

103.28

Dec

103.28

Jan

108.13

Jan

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
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

101.12 Feb

Oct

July

101.13

Jun

Aug

101.7

Feb

103.2

100.18

Jan

103.19 Dec

100.28

103-

Jun

102.23 Feb 24 :•-102.23 Feb 24

Aug

102.30

Feb

100.13

Jan

102.30

Sep

102.18 Feb

1

100.17

Feb

101.3

Jun

102.15 Jan

3i

105.4

3s
2%g—
2%s
2%s
2%s
2%s__

2%a
2%S—,
2%s
2%a
2%s
2%s
2%#.

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

2%t
2%s
2%s
2%s
2y4s
2 y4x

Treasury

110.23 Mar

2Mis
2 Vis
2y4s
2y4s

Aug

Treasury
Treasury
Treasury

102.18 Feb
103.9

Jan

^Treasury
Treasury
101.8

Jan

101.8

101.18

Feb

Low

101.18 Feb

Jan

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

1951-1959
1955-1960
>1951-1954

Feb. 28

Low

High

High

Low

Low

High

Sales for

Friday

Mar. 2

Mar. 1

the Week

Mar. 3
Low

High'

High

Bonds($)

103.10

*103.9

103.11

*103.9

103.11

*103.9

103.11

*103.8

103.10

*103.8

103.10

*103.8

*108.25

108.28

*108.25

108.28

*108.25

108.28

*108.25

108.28

*108.24

108.27

*108.23

108.26

102.13

102.14

*102.12

102.14

*102.12

102.14

*102.11

102.13

*102.11

102.13

*102.11

*110.8

110.11

*110.8

110.11

*110.8

110.11

*110.10

110.13

*110.9

110.12

*110.9

110.12

*111.26

111.29

*111.26

111.29

*111.26

111.29

*111.25

111.28

*111.25

111.28

*111.25

111.28

*113.26

113.29

*113.26

113.29

*113.26

113.29

*113.26

113.29

*113.26

113.29

*113.26

113.29

101.1

*109.31 101.1

*100.30

101

*100.30

101

*100.29

100.31

*102.12

1956-1959
1958-1963
.1960-1965

1950-1952

2yas

Low

High

Thursday

Wednesday

Tuesday

Feb.27

Feb. 25

EXCHANGE

Dec

108.13

Monday

Saturday

BONDS

NEW YOBK STOCK

*100.31

101.1

*100.31

1952-1954

*102.12

102.14

*102.12

102.14

*102

lk

102.14

*102.13

102.15

*102.13

102.15

*102,13

102.15

.1956-1958

*105.15

105.17

*105.15

105.17

*105.16

105.18

*105.17

105.19

*105.17

105,19

*105.16

105.18

1062-1967

*104.13

104.20

*104,18

104.20

*104.18

104.20

*104.17

104.19

*104.17

104.19

*104.15

104

*103.30

104

*103.28

103.30

.

104,17

.1963-1968

*103.30

104

*103.31

104.1

*103.31

104.1

*103.30

1964-1969

*103.17

103.19

*103.18

103.20

*103.18

103.20

*103.17

103.19

*103.17

103.19

*103.15

103.17

103.15

*103.13

103.15

*103.12

103.14

*103.12

103.14

*103.10

103.12
103.9

Jun

.

1964-1969

*103.12

103.14

1965-1970

*103.9

103.11

*103.10

103.12

*103.10

103.12

*103.9

103.11

*103.9

103.11

*103.7

1968-1971

Dec

*103.13

*103.7

103.9

*103.8

103.10

*103.8

103.10

*103.7

103.9

*103.7

103.9

*103.5

103.7

Jun

1967-1972

*102.22

102.24

*102.22

102.24

*102.22

102.24

*102.22

102.24

*102.21

102.23

*102.20

102.22

Sep

1967-1972

*105.1

105.3

*105.2

105.4

*105.4

105.6

*105.6

105.8

*105.5

105.7

*105.4

105.6

Dec

1967-1972

*102.22

102.24

*102.22

102.24

*102.22

102.24

*102.22

102.24

*102.21

102.23

*102.20

102.22

*102.12

102.14

*102.11

102.13

*102.11

102.13

*10X11

102.13

*102.2

102.4

*102.2

102.4

*102.2

102.4

*102.2

102.4

*105.3

105.6

*105.3

105.6

104.17

*104,13

104.15

1951-1953

*102.12

102.14

*102.12

102.14

1952-1955

*102.2

102.4

*102.2

102.4

1954-1956

*105.3

105.6

*105.3

105.6

*105.3

105.6

*105.4

105.7

1956-1959

*104.13

104.15

*104.13

104.15

*104.14

104.16

*104.15

104.17

1959-1962
1959-1962

*102.9

102.11

*102.8

102.10

*102.8

102.10

*102.7

102.9

*102.6

102.8

*102.2

102.4

*102.7

102.9

*102.6

102.8

*102.6

102.8

*102.5

102.7

*102.4

102.6

*102

102.2

2s

Mar 1950-1952

*100.1

2s

Sep

1950-1952

*100.19

100.21

*100.19

100.21

*100.18

100.20

*100.18

100.20

*100.18

100.20

*100.18

100.20

1951-1953

*101.5

101.7

*101.5

101.7

*101.4

101.6

*101.4

101.6

*101.4

101.6

*101.4

101.6

Jun
Dec

2s.

?

*100

*100.1

*100.1

—

*104.15

*100

*100

1951-1955

*101.10

101.12

*101.10

101.12

*101.10

101.12

*101.10

101.12

*101.10

101.12

♦101.10

101.12

2s

Jun

1952-1954

*101.17

101.19

*101.17

101.19

*101.17

101.19

*101.17

101.19

*101.17

101.19

*101.17

101.19

2s

Dec

1952-1954

*101.26

101.28

*101.26

101.28

*101.26

101.28

*101.26

101.28

*101.26

101.28

♦101.26

1953-1955

2s

103.15

*103.12

103.15

*103.12

103.15

*103.11

103.14

*103.10

103.13

*103.10

103.13

*100.9

100.11

*100.9

100.11

*100.9

100.11

*100.9

100.11

*100.8

100.10

*100.8

100.10

1972

Bank

International

101.28

*103.12

1950

2s

1%8

*103.6

103.10

*103.6

103.10

*103.6

103.10

*103.6

103.10

*103.6

103.10

*103.6

103.10

for

Reconstruction & Development
99.11

Jan

♦Bid

103.16

asked

and

Dec

103.7

price.

No

Feb

sales

103.18 Jan

16

transacted

this

9

day.

25-year 3s

JCalled

for redemption:

Treasury 2s March

RANGE

Friday
BONDS

Interest

Period

New York Stock Exchange

Last

Sale Price

WEEK

ENDED

March

MARCH

15

at 100.

a

Odd lot transaction,

r

Registered bond transaction.

3

Friday

Week's Range
or

Friday's

Bid & Asked
Low

New York

FOR

1950-52,

High

Bonds

Rang* Since

BONDS

Interest

Last

Jan. i

New York Stock Exchange

Period

Sale Price

Sold
No.

Low

1083a

10933

Friday's

or

3%s series No. 15

3 % Corporate Stock 1980

109 Va 109%

June-Dec

49

June-Dec

June-Dec
June-Dec
June-Dec

*65%

33/4S series No. 17
3%s series No. 18__

June-Dec

June-Dec
June-Dec

*65%

33/4S series No. 25_.

June-Dec

*89

$

■'

120

Teletype

Broadway, New York

NY

1-1693

Foreign Government and Municipal
Agricultural Mortgage Bank (Colombia)

—

§ AGuaranteed sinking fund 6s 1947

Feb-Aug
—April-Oct
(Kingdom of Norway) 4s 1968
Mar-Sept
SAAntloqula (Dept) collateral 7s A 1945
Jan-July
§ AExternal sinking fund 7s ser B 1945—Jan-JMZy
§ AExternal sinking fund 7s ser C 1945—Jan-July
SAExternal sinking fund 7s ser D 1945_Jan-July
AExternal sinking fund 7s 1st ser 1957—April-Oct

*73

66

AGuaranteed sinking fund 6s 1948

*73

Akershus

AExternal

sec

sink fund 7s 2nd

ser

AExternal

sec

sink fund 7s 3rd

ser

80-year 3s

s

f $ bonds 1978

10-year 3V»s 1956——
10-year 3 Vis 1957

reduced to
s

f

reduced
AExternal

s

to

f

A

52 Vi

47

49

52 Vi

*51 Vi

51 Va

—

—

39

—

46 Va

51 V'a

U

46 y2

49%

35

39

115

48

103 V*

104 »i

103% 103 Ms

50

102

103 Va

97

97

47

94 Va

97 Vi

96%

97

97

16

94 Vi

97

92%
92%

92 Vi

22

93

22

92%

31

106'/2

15

11G

116Va

7

81 Vi

91'/a

93%

106

June-Dec

81 Vi

8 Hi

1

88%

April-Oct

*58'/a

April-Ocf
(interest

89%
115 y3
75

92%
107 Va

,

"

116%
81 Vi

76

55%

60

76

1

73

56 V'a

57

10

53

1

73
53

55%

56 ya

82

81

82

6

76

e61

e61

6

57

57%

1979

April-Ocf
(Plan B)

June-Dec

54'/a
69

June-Dec

55 y2

5

51 Vi

69

4

67 Vi

*66%

70

69

66%

69

12

65 Vi

69

67 y4

66%

67 y4

12

65 V'a

101 Va

103 Va

101 h

39

102%

107 Vi 107%
102 %

101%

20

107

107%

102'/a 102%

22

102 Vi

103

*58

__

6

35

May-Nou

40

40

1

36%

May -Nov

30'/a

30 V«

2

28 Va

30 Va

40

1

36%

40

30 Vi

3

28%

30 Vi

,

40

30 Va
*39
30

A

AChile Mortgage Bank 6'As

A6%s assented

1957

40

29%

—

—

„

30'A

30 Vi

40

28%

31

13
*

'

4

30 Vi

40

1

30 Vi

28
40

28 Va.

30

39

40

29%

30'/«

29%

2

28%

29%

29 Va

30'a

241

26%

40

30 %

30 Vi

June-Dec

40

40

30 Vi

April-Oct

*29%
*39

—

For

40

28%

30 Va

40

1

37%

40

30%

3

28%

30 Vi

-

29%

40

30 >/4

39

30

36%

30 Vi

■

36%

4

29'"a

40

1

65%

66 Vi

3%s series No. 7

:

e67

e67

65%

e67

June-Dec

*67

33/46 series No. 8

June-Dec

*69

June-Dec

69

3%s series No. 10

June-Dec

*69

33/4S series No. 11

June-Dec

65%

33/4s series No. 12

June-Dec

*66 y2

33/48 series No. 13

June-Dec

68

68

3%s series No. 14-

June-Dec

65 y4

65%

73

66 Vi

23%

30 yB

1

39

40

1

28%

30 Vi

SECURITIES

FIRM TRADING MARKETS

r-.AEL MARgS & r.O-

£j£

FOREIGN SECURITIES SPECIALISTS

—

——

69

4

67%

69 y2

69 ya

69 V?

67'/a

691

63 Va

65%

66

67

1

66 Va

68

4

63 V'a

65 %

74 y4

65%

2
—

—

50

Broad

St.,

New

York 4, N. Y.

a

Telephone HAnover 2-0050

40

28%

-

-

■

39

,

-

Financial Institutions

FOREIGN

30 Va

1

2

40

.30 Va

*39

April-Oct

Mar-Sepf
Mar-Sepf

-

*29%

June-Dec

AGuaranteed sinking fund 6s 1962
May-Nov
A 6s assented 1962——————Afay-Nov

7s I960—.

30 Vi

36%

—

*39

Afay-Nov
Afay-Nov

June-Dec

6%s assented 1961AGuaranteed sinking fund 6s 1961
A 6s assented 1961

39

1

31

36%
28%

40

40

June-Dec

1957

40

13

30Vi

1993—June-Dec

39

'

Feb-Aug

fund 6s Sept 1961
Mar-Sepf
A6s assented Sept 1961
—-—Mar-Sepf
AExternal sinking fund 6s 1962_,
April-Ocf
A 6s assented 1962—
;
April-Ocf
A6s assented 1963-

39

35

4

25

39

1961—Jan-July

AExternal sinking fund 6s 1963-

101 y8

101

8

39

101% 101%

38 %

67 Vi

3%s series No. 9




4

103 Va

69

June-Dec
—June-Dec

25.

102%
101 ^

101%

AExternal sinking

54 Va

69

June-Dec
,

-page

65,

103%

—

3%s series No. 5—

see

65
101 Va

-

82

June-Dec

a

33As series No. 3

footnotes

103 y8

—Jan-July

Extl sink fund dollar bonds 2-3s

66

66

-

3

—

Feb-Aug

1961—-

56 Va

56 Vi

June-Dec

3%s series No. 2

For

-

■

(Interest

33/4S series No. 1

33/4S series No. 4

assented Jan

-4.

7
——

76

19

April-Oct

funding bonds of 1931 due 1951.
Stamped pursuant to Plan A (interest
3.375%)

A 6s

65

__

■

*66 Va

April-Oct

ARy external sinking fund 6s Jan

66

65

.

—«i

103% 103%

April-Oct
1961

64 Va

__

57

75'/a

5%

reduced to

*65%

AExternal sinking fund 6s Feb
A6s assented Feb 1961

64%
66

76

60

75 Va

A7s

External dollar bonds of 1944

June-Dec

AChilean Consol Municipal
A7s assented 1960

1957
April-Ocf
(interest

1979

(Central Ry) 1952
J
Stamped pursuant to Plan A
reduced 3.5%) 1978

66

ASinking fund 6%s 1961-

93

90

106

93%

June-Dec

due

68

65 Vi

AExternal sinking fund 6s 1960
A6s assented 1960

66

64

2

.

*

3

51'/a

*51 Vi
38

10

(interest

1979

Stamped pursuant to Plan A
reduced to 3.375% )

46 Va

52

June-Dec

1941

to Plan
1927

51

Jan-July

3.5%) 1978
6y2s of 1926 due 1957

3.375%)

46 Va

2

51%

103 Vi 104

Feb-Aug

6%s of

51

*51',4

June-Dec

Stamped pursuant

51%

46 V*

51%

June-Dec

External sinking fund 7s 1955

AExternal

46 Vi

*51%

103'A

6s 1955

*66%
*65%

.

June-Dec

8s

94 Vi

103 '/4

-Feb-Augr

Stamped pursuant to Plan A

71 y4

Jan-July

*

JABrazil (U S of) external

■

June-Dec

20-year 3 Vis 1967

20-year 3 Vis 1966
15-year 3%s 1962—
Belgium (Kingdom of)

7H/4
93%

-

*94%

1957_April-Ocf
1957-April-Ocf
Jan-July

Antwerp (City) external 5s 1958
Australia (Commonwealth) 5s 1955

June-Dec

SAChile (Republic) external s f 7s 1942
§ A7s assented 1942

70

__

66

Brisbane

Members New York Stock Exchange

66

'67

63 Va

*66 Va

3%s series No. 30

Telephone

u-

66

3%s series No. 29.

REctor 2-2300

.

70

65%

—

June-Dec
June-Dec
June-Dec

(City) sinking fund 5s 1957
Mar-Sept
Sinking fund gold 5s 1958
Feb-Aug
Sinking fund gold 6s 1950-.
June-Dec
Caldas (Dept of) 30-yr 3s s f $ bonds 1978-Jan-July
Canada (Dominion of) 4s 1960
April-Ocf
25-year 3 Vis 1961
Jan-July
25-year 2%s 1974
Mar-Sept
ACarlsbad (City) 8s 1954
Jan-July
Cauca Val (Dept of) 30-yr 3s s f $ bds 1978-Jan-JuIy

66

66

67
■

3%s series No. 26

Wertheim & Co.

66

64%

M

f'

33/4S series No. 27
3%s series No. 28

1

High

65 y»

10

*65%

3%s series No. 24

Foreign Securities

.

65

1

66

.66,-

3%s series No. 23

4-*^

64%

——

66

33/4S series No. 22

/ V

8
•

66

*67

-v-,*

Low

69

June-Dec
June-Dec

3%s series No. 20

Jan

No.

66

*66

June-Dec

3%s series No. 19
3 y*s series No. 21-

Range Since

Sold

High

65 Vi

33/48 series No. 16

Transit Unification Issue—

Bonds

'

Bid & Asked

Low

High

City

Week's Range -

Teletype NY I -971

21

22

(966)

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

>

Monday, March 6, 1950

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Last

Period

Sale Price

or Friday's
Bid & Asked

Low

AChinese

(Hukuang Ry)

Colombia

(Republic oft

A 6s

Of

1928 Oct

A6s

of

1927

1961

Low

New York Stock

__

78%

San

5%

89%

47%

89%

48'/a
47%

Serbs Croats &

27

77%

86

16

72%

87

56

19%

Stamped

25%

110

5

109

(Dept of)—
30-year 3s sinking fund $ bonds 1978—Jan-July
Czechoslovakia (State) —
Stamped assented (interest reduced to
6%) -extended to 1960
April-Ocf
§ADenmark 20-year external 6s 1942
External gold 5%s 1955

Jan-June

114

A4%s

(Republic of)

3

50

57

3%-4-4%s

99

63

90%

99

External

95

96

49

85 Va

96

90%

90-%

91%

58

75%.

92 %

f

s

dollar

bonds

Jan

1976

1

—

.

60
52

15

11%

11%

10%

—,

„

75
.59
50

—

Free

Italian

State

extl

(Republic)

sink

extl

fund

f

s

5s

l-3s

—

10,4

10%.

—Feb-Aug

—

10%

9 %

-April-Oct

—

:

—

1960—May-Nov

1977

.

41

Jan-July

Italian Credit Consortium for Public Works

1%

to

5A7s

3%

1977

series B

Italian

Public

Mar-Sept

—

Jan-July

1947

*10%

73%;
55'A

60

49Va,

,

Valle

76
52

7s

1%

33

-

1977

..Jan-July

Altaly (Kingdom of)

7s

1951.

.June-Dec

67%

(State Mtge Bank) 7s 1957—-April-Oct
(Colombia) 6%s 1954—
June-Dec
30-year 3s s f $ bonds 1978
Jan-July

51%

AJugoslavia

Metropolitan

Wgter

Board 5%s

Sewerage

&

Drainage
April-Oct

1950

Mexican Irrigation—
5A4%s assented (1922 agreement)
A4%s small 1943
...

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See

—

assented

(1942

64

62%

,

64'A

—

69

40%

(Republic of)

59

39%
—

38
61

62

37%,

;

41%

41%

1

39%

43

61

67%
" *12%

51%

~i

67%.

12%

-

71

62

12%.

—

.,

38%

52

3

■-

,

52

18

35

6

39

100

.

-

51b
—

13

6

deductions

A4s
8A4s

new

of

assented

agreement)

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assented

1910

ment)

to

debentures

1945

(1942 agree't)

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—

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,

new

10

11

(City of)

Mlnas Geraes

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extl

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6%s

(State)

to

agree't)
;

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10

--

Plan

to

Plan

reduced to 2.125%)

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to

f

s

f

s

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B

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stamped

reduced to 2%)

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Plan

35%

33

Plan

341

96%

pursuant

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pursuant to Plan
reduced to 2.5%) 1999
see

and

96%

93

93

4

92

93

6

98

99 Va

95

95%

—

—

—

—

*35%

32

98
98%
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69

1

33%

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99

95%

„

3'io

page

25.




104%

70

103%

104%

105 Va

105'A

19

105 Va

105%

78';.

78%

6

76 Va

78%

82

82

5

80

82'/a

127

131%

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Fe—

April-Ocf

Plan

98%

%;

1

128Va 128%

May-Nop
1952„Mar-Sept

4

<•

103

119%

120 Va

103%

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__

104%

103% 104

:

102%

104 %

104%

29

102%

105

102'A 102%

—'

Jan-July

31

104

%

__

June-Dec

1966

36

119% 119%

101 %

5

102%

102%

Toledo

—

90%
—

—

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90

103

90%

36

103

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4s

1995

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„

__

26

34

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—

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„

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&

—

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14%

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__

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—

8%

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8

12

8%

9%
5

7%

__

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9

1980

mortgage

April-Oct
1968

June-Dec
(interest

May-Nop
June-Dec

ref

M

4s

series

10
9 Va

refunding 4s

1951

1951..

60

65%

71%

71'A

71%

51%

52

86'A

85%

69

80

10

69%

74%

174

49'A

53%

86 %

37

85%

89%

68

69

21

68

71%

80

80'A

79'%

81%

91%

May-Now
A,

first

3V2S

v

Jan-July
Jan-July
1951-—Apn'Z-Oct

91%.

*__
.

1

91V2

*100'A

__

4

—

j

121'A 121%

99%

90
90

—

2

99%

5

100 %

121%
99 Va

93
93

100%

122'/a
99%

104

104

19

104

105

101%

Jan-July
May-ZVou

Jan-July

•

•
,

101 %

101%

22

100%

101%

101 %

101% 101%

2

101

101%

104'A 104 %

7

104

105

„

RR—

(Ernesto)

Mar-Sept

Co 7s 1954—

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May -Nov

April-Oct

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..

modified
Co

4!/2S

first

May-Nov
April-Oct

1952.

98 %
,

81

83

102

—

102%

90

72 V2

73%

32

72%

78

50 Va

72 'A

51%

Feb-Aug

1957—

4s

*._

.

51>/2

32

49%

56%

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*104
*

General

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44

Corp—

Maine

Stamped

105

103Va

66'A

104%

105%

104%

105 Va

105%

101 Va

102

102%

103%

~3

103 Va 103 Va

U

67%

26

63

101% 101%

65%

69

50%

52%

37%

46

44%
32

34%

California

54

California Oregon Power 3%s 1974.—
Canada Southern consol gtd 5s A 1962
Canadian National Ry—

2

102

99

100

9

98

100

April-Oct

106

106

106

5

106

106

103%

105

104%

104%

102% 103%

87

100

104%

102%

46

34%

102

99

39

46

102

Jan-July

37%

Consolidated
Bush

1955

5s

Terminal

...

Buildings

5s

gtd

1960

C
.

*54

54

—

—

*41%

38 Va

41%

*44%

43%

f

44%

Electric

Guaranteed

Power

gold

4%s

first

_

*31%
49%

gold

4%s

gold

Guaranteed

gold

*34%

36

31%

31%

49%

48%

49%

Canadian

38

34%

34%

__

_.

*33%
59%

37

34

34

59%

59 Va

61V

*69

*58

*55

60

57

57

„

series

A

4s conv lnc debs

60

56

56

75

75

68

75

*__

90

87

87

(interest
71%

—

Jan-July

115%

115% 115%

19

115%

116Va

113%

113% 113%

17

J. 13%

114'/a

113%

113% 113%

14

113%

114

Mar-Sept

104Va

104 Va 104%

15

104'/a

105

Jan-July

102'A

102 Va 102%

131

100%

103%

Mar-Sept
Mar-Sept
Mar-Sepf

71%

67%

71%.

(perpetual)

series B

1960
4s

1965.,

Ry—

83%
102 Va

AGen

AGen

mortgage guaranteed 4s 1981
Corp 3s debentures 1965
Corp 3%s debentures 1960

mortgage 4V2S series
mortgage 4V2s series

General

N

mortgage

102

84%
106

*106% 108

June-Dec

*58%

.April-Ocf

83
75
—

A

Jan

1

74

85%

83

106%
108

107

Jan.l

2020—.May

*101%

*66%

59%

103

%

104 Va

100 Va

100%

—

*89

65

58
11
--

*101

2020—May

B

64

103% 103 %

Feb-Auy
3%s debentures (1947 issue) 1960
Feb-Auy
JACentral Branch U P first gold 4s
1948..June-Dec
Central of Georgia Ry—
' First mortgage
series A
1995
Jan-July
•

83%'

,

Celanese

Central RR Co of
„

*104%
103

..June-Dec

1960

Carolina Clinchfield & Oho

Celotex

A
...

.April-Oct

...Feb-Aug

1955.,

Ry—
debenture stock

Carthage & Adirondack

*67%

__

*103% 104'A

May-Nou

Pacific

conv

debs

•First
„

'

Jime-Dec

Capital Airlines, Inc—
4s

__

1976

4%s 1956
4V2s 1951

4%
—

3s

1957—

Guaranteed
Guaranteed

—

(interest

Jan-July

,

52

.May

1985_Jan-July

35

*33%

1957—_May-Nov

Jan-July
Jan-July

64%

mortgage 2%s; 1976_.
—Jan-July
Buffalo Niagara Elec first
mtgc 2%s 1975_May-Nov
Buffalo Rochester & Pittsburgh
Ry—
,

(interest

May-Moo

D

37'A

46

64%

59 %

1980_Jan-July

33%

A

Mav-ZVop

ser

52

(interest

June-Dec

5%

conting. int)

.

„

59%

26

Bristol-Myers Co 3s debentures 1968^
ApriZ-Oct
Brooklyn Union Gas 4s debentures 1969—Mar-Sept

38

36%

62

64

2010—

52

__

„

64%
64%

63'A

mortgage
4s
series
RR
1960
Jan-July
mortgage 4'As series A July 1970—May-Nou

AInc
ABreda

Bush

Jan-July
April-Ocf

64
63

64

Virginia—

mortgage 2%s series I 1970
mortgage-2% s series J 1976
mortgage 3s series K 1979

&

First

8%

64 %

division

Extension

Steel

Ji

'

64%

June-Dec
1

West

mortgage series AC 1967——
First mortgage 5s series II 1955
First mortgage 4% s series JJ
19611.

*8%'
14%

f

June-Dec

First

,26'A

8%

98

'

Feb-Aug,

Bethlehem

33

14%

—

94

92%

C I960——April-Oct
Beneficial Industrial Loan 2V2S debs 1961-May-Nov
3%s sinking fund debentures 1964

105

22%

first

and

88%

40

Bell Telephone of Pa 5s series

„

93

31

lien

42

94%

Mar-Sept
Mar-Sept

1995.

1

Erie

stamped

Beech

88%
44

div

..Consolidated

.

*

Jan-July

1999

Like

89%

92'%

6%.
(2%%
contingent interest) —

Dec

Cincinnati

First

103%

*103% 106

(Interest

Plan

due

88%

94%

interest) —

Bangor & Aroostook RR—

A"

1966

89%

mortgage

3%%

J

(3V2% fixed & 1 %#

'

A

(interest

to

123'%

May-Nov

1964..„

contingent

general

and

S'western

Consol

April-Oct
May-Nov

A

and

fixed

98

93%

Feb-Aug

A

100%

104

A4V2s convertible income Feb

19

April-Ocf

A

99%

105%

Refining 2%s debentures

Pittsburgh

—

stamped

footnotes

'

21

Jan-July
jan-July

1952

(interest reduced to 2.5%)
A8s external 1950
n

For

*44%

98

2001

A

97%

104

100%

104%

1966—.

A

101%

109%

April-Ocf

1996

96%

June-Dec

Stamped pursuant to Plan
reduced to 2%) 2012
(State of)

5s

99%

96%
107%

100

'

1395—Quar-Jan

2000

96%

1950

reduced to 2.375%) 2001
A6%s extl secured
sinking fund

1936

—

April-Ocf

Paulo (City) 8s 1952
Stamped pursuant to Plan

8s

Co

July

l

97%

April-Oct

ASao

San Paulo

Products

:

48
146

1962—April-Oct

—■

4s

50

97%

1U%

1

—

1947—April-Oct

reduced to 2.21%) 2004
1967
stamped pursuant to Plan
(Interest reduced to 2.25% ) 2004

(City of)

gold

96%

108% 109

118%

debenture 3s

1969—

first

100V- 101

115%

March

97%

„ApriZ-Oct

due

100%
109

282

March

26 %

1926

96

100%

118% 118%

due

99

April-Oct

2012
of

99%

118%

due

26 %

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89%

67

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22Va

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106%

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22

to

100 %

109%

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—

Stamped pursuant

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95%

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,■

95%"

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101

93%

105%

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49

reduced to 2.5% ) 1999
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132

*100'/a 100%

...

"

12

4

61%

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A

--A

34

12%

26%

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f

94%

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11%

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93%

74

102Va 102%

59 Va

25%

A

2

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93%

107

104%

78 %

110% 111%
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1

59%,

26

to

;*■—•

%

106%
103 %

105%

74

12%

59%

99

Stamped pursuant to Plan A (interest
reduced to 2%) 2012
Feb-Any
Rio Grande do Sul
(State of)—
|A8s external loan of 1921 1946

ARome

12

—

26%

to

78

111%

Series G due Dec

26%

pursuant

"

5
-*«.

*

*104'A

June-Dec

12%

1961—April-Oct

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107

1957.June-Dec
1959

12

I960—.June-Dec

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7a

W

fixed
1

98%

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Mar-Sepf

reduced to 2.375% ) 2001
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loan

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debentures
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i&r.

series

pursuant

stamped

external

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7s

—

107

■

contingent interest I.July 1975-April-Oct
Refunding and general mortgage 5% (2%

April-Oct

(interest reduced to
2.25%) 2006
JARio de Janeiro
(City of) 8s 1946

A7s

9

*98%

Mar-Sept

(interest reduced to
2.375%)
1966

7%

99

1967—Mar-Sept

1958

of)

1961

47

9

—

—Feb-Aug

1959

loan sink fund

'

-

2nd series

6s

*59

*104

_I

Baltimore & Ohio RR—
First mortgage 4s series A
July 1975
April-Oct
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series B
(4%
fixed

a

Mar-Sept

June-Dec

A

104%

COMPANIES

'

'

10

102 Va

...

Refunding 4s series A

May-Nov

Plan

1st

A4%s assented 1968
AExternal sinking fund
A4%s assented 1963
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8s

6

Mar-Sepf
May-iVon

JAPoland (Republic of) gold 6s 1940

7%s

8%

(interest

1994

reduced to 2.125% ) 2008
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of) external 7s

5AStabilization

2

I

Stamped pursuant

104%

INDUSTRIAL

9

*71

5%

*44

1963
to

7%

"-96%

JUly

-4

*35%

2008

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jAPernambuco (State of) 7s 1947

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—

ext

6%

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debentures

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—

e9%

8%

—

April-Oct

extl

convertible

Series

3%s sinking fund external 1957
ApriZ-Oct
Municipal Bank extl sink fund 5s 1970—June-Dec
(City), sinking fund 4%s 1955

assented 5s

6

—June-Dec

9%

15

5%

—

—

Oslo

ANat loan

■

Mar-Sepf

(Kingdom) 3%s 1957
(Kingdom of) 4%s 1956
External linking fund 4%s 1965
4s sinking fund external
loan 1963

(Republic)

—

e9%

1959—Mar-Sepf

Norway

AStamped

5%

12%

Netherlands

Stamped mod 3%s

12

7Va

April-Ocf

—

1973

(interest

A

>7%

1964—May-Nop

1961

debentures

3s

11%

9%

—

—

1963—Jan-July

1958

A

80%

1987————June-Dec

Ref
to

80%

and 1%

—

...April-Oct

sinking fund 6s

Stamped pursuant

Panama

9%

1922

1952

pursuant

20

Jan-July

1986.—

—

reduced to 2.125%) 2008
ASecured extl sinking fund 6%s

80 'A

■*99%

Stamped 4s July 1 1995—
Atlanta & Charlotte Air Line
Ry—
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11

—

Jan-July

ASmall
AMilan

10%

11

__

(assented

1933

assented (1942

92%

80%

B

1963—Jan-July

,
.

86%

——Feb-Aya
:
ApriZ-Oct

Atchison Topeka & Santa
General 4s 1995——

--

11

5%

:

Treasury 6s of 1913

agreement)
ASmall

3

AND

Jan-July

...

assented

92%

1982—

Ann

—

10

—

new

89

%

92

121

agree¬

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A4s

89 Va

81%

debentures

American

—

29

1968— Jaw-July

1922

86

2

Feb-Aug

1975

debs

f

s

3Vas convertible

—

June-Dec

(1942 agree't)

(assented

90"%

2

89

2%s debentures

Atlantic
1954

82%

89 "a

89,

Feb-Aug

1978

1

to

due

90%

87%

1967—May-Nov
3%s 1972_Jan-July

1975

5%

11%

1904

(1922

1

88 %

Foreign Power deb 5s 2030—Mar-Sept
Telephone & Telegraph Co—
,v-

2%s

39

11

ASmall

134%

1^
CO 1

—

,

101

11

—

90%

i—April-Oct

3%s

1980

;

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May-Nov

1952

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debentures

1945—Quar-Jan

1963._Jan-Julp

9

Feb-Aug

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—

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—

..May-Nov
1978—June-Dec

&

2%s

—

14

96%

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1

1937)

2%s debentures

100A 100 ft

—

Quar-Jan

(1942 agree't)

Feb-Auy
May-Nov

1958—

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Large

92%

1979

Southern

Bosch

/American

15

46%

Great

'American

62

ASmall
A5s new assented

12

June-Dec

1943—May-Mop

agreem't)

96%

96%

& Western 1st gtd 4s
1998—April-Ocf
Allis-Chalmers Mfg 2s debentures 1956
Mar-Sepf
American Airlines 3s-debentures 1966

v

(1922

96%

Valley (Dept of)
(City) external 7s 1958—

'

__

assented

8%

10

'

assented

•American

ASmall
A

3

Jan-July

Alleghany

A

§A5s

8%

Alabama Power first
mortgage
.-Albany & Susquehanna RR 4%s

_

—

8%

^

—

1945

14-:

10%

10%

,

Cauca

•Alabama

48

.

—

14

10

5

2%s convertible

ag.reem't)* 1968—Jan-July

10%

12
27

'

100as2

82%
72

11 Va

readjustment

•AAdriatic Electric Co

103

102

__

43%

.

-

SA5s of 1899 due

.

82

66

10%

1979

<

4

-11 Va

RAILROAD

v

ASmall 1968
Mexico

38"
*59
38
*61

—

11 Va
11

readjustment. 1984—Ul —Jan-July

Cauca

A4%s

■

3%

to

1952

AMedellin

JA

Del

AWarsaw

Utility—

Credit Institute
AExternal

38

72

10%

conversion

11%

76

,

Jan-July

:

73%

13 Va

10%
" *62
*102%
41

67

———June-Dec

conversion

Government—

May-Nou

May-Nov

readjustment

external

85

12
—

1962——May-Nov
1958

7s

1958

(dollar bond of

External

High

June-Dec

external

external

3%-4Va-4-fts external
3%s

participating paid 1964
A6s participating paid 1968
Helsingfors (City) external 6%s 1960

-

,

—

A7s

Irish

57

98

95

ApriZ-Oct

55

Low

80

73%

72

April-Ocf

Sydney County Council 3%s 1957
S A Uruguay (Republic > external
8s 1946
AExternal sinking fund 6s 1960
AExternal sinking fund 6s
1964—

39

35

71%

A

1962

of)

assented

99

Jan-July
3y2s extl s f dollar bonds Jan 1 1976—--Jan-July
3s extl s f dollar bonds Jan 1 1976
Jan-July
AEstonia (Republic of) 7s 1967—
Jan-July
Greek

71

2004—Jan-July
1968____
Jan-July

to

external
secured

(Prov

Jan. I

No.

A

2.25%)"

Slovenes

series B

Range Since

Sold

High

--

2%) 2012
(Kingdom; —

4-4%-4 %s external

El Salvador

extl

39

Bonds

Bid & Asked

Mar-Sepf

Plan

to

reduced

secured

ASilesia

—

.t

Feb-Auy

External gold 4%s 1962

38\4

„

pursuant

A8s

.

to

loan

A7s

90

1956

Plan

to

reduced
dollar

(Interest

48%

25 Va

loan

pursuant

external

48%

8o
110

A6s

47%
—

water

(Interest
»

23%

110

external

79%
45

25%

1977——June-Dec

external

79%

85%

—

Sale Price

(State)' (continued)—

Stamped

Cundinamarca

4s

Paulo

82

40%

32

—

*48%

Week's Range
or
Friday's •

-

Last-

reriod

High

4%

—

*48%
*48Va

„

Interest !

Exchange

Low

44v4

44%

Friday,

BONDS

Jan. 1

No.

82

*81%

44%

...

r~

3

Range Since

Sold

7

82

__

Jan-July

4%s

MARCH

A 7s

April-Oct

fund dollar bonds

(Republic of)

Bonds

High

*3%

__

1970—April-Oct
§ A Colombia Mortgage Bank 6%s 1947
April-Oct
SASinking fund 7s of 1926 due 1946
May-NoO
SASinking fund 7s of 1927 due 1947
Feb-Aug
Copenhagen (City) 5s 1952
June-Dec
25-year gold 4%s 1953
May-Nov
ACosta Rica (Republic of) 7s 1951
May -Nov
Cuba

ENDED

—

1961

Jan

3s ext sinking

June-Dec

5s 1951

WEEK

Week's Range

Interest

New York Stock Exchange

FOR

87

87

23

63

67'/a

65 %

67%

41

48

42%

46%

—

66

69 Va

41%

41

42%

52

45

45

45%

271

J—

3%s

1987—

Jan-July

Volume 171

Number 4887

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(967)

23

NEW YORK BOND RECORD
RANGE

Friday

"

,

Interest

,bonds
Exchange

r

New York Stock

Period

East

?

or

Sale Price

Range
Friday's
Bonds

Bid & Asked
Low

Central

New

Central

Pacific Ry Co—

First

York

and

Power

refund

First mortgage

Champion

3

3s

1974

-

Fibre

&

4 %s

R

&

div

deb

3s

1965—Jan-July

__

104

consol

mortgage

gold

4s

1989—Jan-July
Jan-July

inc

5s

conv

mortgage conv inc 4'/2s Jan 1
mortgage 3s series B 1989

102

103%
104

119%

114

F

83

4

109

111%
108%

103%

99'%

40V2

154

1978

72

debentures

68

General

gold

General

5s

63

4s

86%

83

60 "2

5

49%

18

93%

2

103%

89

8

First

mortgage

Series

&

102'%

68 %

38

66

St

&

103

55%

3s

Cleveland Short
Cleveland

53%

54

314

51%

90

87

88

—

■

103%
103 %

82%

6

73 %

20

4

79%

104

5%s series A

1972

4V2S series C

Ry—•
modified)
1980

Fuel

&

Iron

mortgage

Columbia

3%s

Gas

&

Columbia

3'As

Gas

coll

Electric

debentures

3s

debentures March

3s

debentures

South

Columbus

&

Toledo

Commonwealth

3s

78%

Ry & Lt

7 8'A

refund

and

refund

First

and

First

and

ref

3s

C

"...

107

69%
"100%

Co

of

15

76

—

Northern Ry
§ADeposit receipts
first

§ADeposit
series

series

5s

1st mtge

first

series

N

debenture

3s

107 %

June-Dec

ctfs

A

Util

first

3s

1968-,

85%

871/2

105%

103 '/a 103%
60

103'/a

104%

101 %

5

„

5.9 Va

103

59

55

~2

102%

63%
60

102 Va

102 %

90%

—

102%

92%
103

106% 107

106%

107%

129

3

125 '/a

129

125

125

9

129

•

125

6

122 '/a

101

101'A

*100

100'/a

*—

27

102
102'A

100

95%

94

*80%

85%

85

87

96

*59

97%

7%

8%

103

9

103

103

103

104%

*104

*76'/2

103%

104%
79%

M

2%s

75

78

*102% 103'A
63%

101%

65

62

18

103%
67

1976

May-Nov

1978

*100

100

100'/a

2%s 1979

n

Jan-July

104% 104%

June-Dec

H
Finance

Corp

1976—Mar-Sept
Jan-JuZy
1970_
Jan-JuZy

2%s

Hudson Coal first sink fund 5s

107%

Hudson

&

Manhattan first

5s

A

ser

100% 100%

99%

127% 127 V%

1

127'/a

127%

»>•«.

l962_June-Dec

5

S--1

100'A 100%

5

99%

100%

16

100%

90

89%

90VA.,

89'/a

93

Feb-Aug

64%

64%

65'%

100

63

68

——April-Oct

A

27'A

27'A

28%

17

27

32'A

11

102

103'A

1957_:

Adjusted income 5s Feb 1957

100
Bell

Telephone 2%s series
mortgage 3s series B 1978

104%

105 y2

mortgage

First

gold
gold

Extended

gold

3%s

3'/2s

first

104%

gold

3'/2s

Collateral

Refunding

4s

105%

Purchased

lines

Collateral

302

93%

99%

3

99%

103%
106

105'/2

106%

115

119%

First

103

103%

Illinois

106

118% 119%

577

*103% 104%

Jan-July
_Jan-July

*86

Illinois Central and Chicago St L & N O—
Joint first refund 5s series A 1963
June-Dec
First

and

refunding 4'/2s series C

refund

mortgage

Terminal

4s series D

Ry 4s

series

A

1963_June-Dec

49 Va

{International Great Northern
AFirst

83

89

A

27%

32'%

AFirst

-

34%

—

32%

35'A

33%

■

—

35'A

6s

series

A

AFirst

series

gold

5s

B

C

103%

103%

103 %

106

27

"95%

102%

106%

106%

96%

102%

104'A

108

75

93%

96%

101 Va

101'A

100%

100%

*101%

*100%
*102 %

*102'/a

—

102%

102%
102'A

102'A

104

106

32

100'/a

101%

—

100'A 100%

95V4

*98'% 100

102%

55

—

100%

1

94

98'A

,

.

*100% 100'A

—

101%

.

——

—

104'%

95'A

101

101%

—

—

104

—

101%

100%

11

—

104%

—

102 %

100%

—

100% 100%
*100%

100

—

97%

99%

100'A

93'/a

—

Jan-July

1956_

86'%

93'/a

5

93 %

84 %

86'%

140

81%

88

732

32%

40%

April-Oct

1956

series

5
9

93%

RR—

1952.

Adjustments 6 series A July 1952
5s

70

*102'A

100%

1963-June-Dec

34%

101

—

*100% 102%

1970

94'%

101 Va

101

—

*101%

1951

47%

35'A

95%

June-Dec
3s

31%

89

*33%

Feb-Aug
1950

gold

92'A

32

*33%

—

1966

first

104

101%

—

105'/a 105%
*107% 108

—

■

"

Div

"7

34

*30%

4%s

Bridge gold 4s

108

102

103% 103%

May-Noy

103%

52

34

i

102%

104%

__

94%

*50

1953

4s

108

__

105
105 'A
*102% 102%

105

Jan-July
__May-Nov

1955—

105

108
104

-

*35

Jan-July
Illinois & Iowa first gold 4s
1950_Jan-July
Indianapolis Union Ry Co—
Refunding and imp 2'/2s series C 1986—June-Dec

17

103'/a 103 %

34

May-Nov

3'/2s' 1952

105

108

Mar-Sept

5

105% 105%

—

104

ApriZ-Oct

1955

trust gold

*104

Indiana

9

June-Dec

102

99%
105

106% 106%

103

93 Va

102%

102'%

3

19 V4

102

101%

1

105% 105'A

__

105'%

1

Jan-July
Louisville Div & Term gold 3'/2s 1953—
Jan-July
Omaha Division first gold 3s 1951
Feb-Aug
St Louis Div and Term gold 3s
1951——Jan-July
Gold
3'/2s
1951
Jan-July
Springfield Division first gold 3%s 1951_Jan-July
Western Lines first gold 4s 1951
Feb-Aug
Registered
—Feb-Aug

13

103

105%

101'%

102

15

105>A

.

105'A

104'A

5

103

May-Nov
1979_Jan-July

Litchfield

101

104% 104%

1977_ApriZ-Oct

Cairo

107

'•

*101

1972—June-Dec

107%

104%

5

*101%

1951—

3s

105%

107

104% 1U4%

*100%

1931—

106%

106%

26

,

*101'A

—April-Oct

C

1979_May~Noy
1979—May-Noy
1974—May-Noy
—Jan-July
——Jan-July

series

1951

4s

Refunding 5s

107% 107%

*106%

mortgage 4%-4%s series A

105

108%

ld2% 103

June-Dec

.

sterling 1951
trust gold 4s 1952—,

108%

I

1981_Jan-July

Illinois Central RR—

105%

14

A

Consol mortgage 5%-3%s series B

100%

;

40

33'%

40'%

Jan-July
Jan-July

82

81'A

82

22

75

82'%

81

§AInternational Hydro-Elec deb 6s 1944_AprZZ-Oct
Inter Rys Central America first 5s B
l972_May-Noy

61

'A

—

81 'A

13

75

82%

61 "A

613a

44

61

61'%

*96

99'%

—

74

74'%

28

96

100

D
Dayton

Power &

Lt first mtge 2%s 1975_April-Oci
mortgage
3s
1978
Jan-July
mortgage 3 series A 1978
June-Dec
Dayton Union Ry 3'As series B 1965
June-Dec

*103'/a 103%

First

*—

First

Deere

&

Co

23As

debentures

Delaware

&

Delaware

Lackawanna

Hudson

First

and

refund

AIncome

Morris

Essex

Collateral

5s

due

series

C

1993

1973_May-Nov

May-Nov

*

First
Denver

First

4-6s

May

1

2042

Power & Light 3s 1973
mortgage and coll trust 3%s

Rio

Grande Western

mortgage series A

contingent
&

interest)

Salt

(3 %

mortgage

1 </o

contingent

Edison

General

and

General

&

ASecond

For

86

1

interest),
G

23As

debentures

Mack

gold

first
4s

footnotes

&

4s

1959-June-Dec

74
—

73

76%

103

*102% 103%

103'%

103%

103%

—

104'%

K

99%

Kanawha & Mich first gtd gold 4s 1990-April-Oct
Kansas City Power & Light 2%s 1976——June-Dec

86

1st

63%

__

63 %

67 %

68

5

59'%

63'%

mortgage -2%s

Kansas

1G7%

",

9

65'%

68'%

5

107% 107 %

107 %

107%

l

5

0

Ks

11
1

1

..

105

105

96%

96%

77%

76

77'A

91

91%

.

,

19

95%

112

69%

97 'A

.77'A

Southern

Central

gold

& Indiana
Stamped 1961
Plain 1961
*.
unguaranteed

4s

100

April-Oct

1987

Terminal

"2

103% 103%
*105

1950—April-Oct

mortgage

Kentucky
Kentucky

—

June-Dec

3%s series B 1968
Kansas City Terminal Ry 2%s 1974—

4V4S

96%

City

1978

Ry 1st 3s
First mortgage 4s series A 1975
First

67%

April

first

Light 2%s 1976—Mar-Sept

4'/2s

1

June-Dec

Kings County Elec Lt & Power 6s 1997
April-Oct
Koppers Co first mortgage 3s 1964-.
—April-Oct
{AKreuger & Toll 5s certificates 1959
Mar-Sept

—

100

105 VA

67

Jo
103'%

2

103%

105'/a

102 3

103%

104 V

a

100%
105%

-

103% 103%
—

*114%
*26

25

—

31

1

*—

;

—

*101

—Jan-July
Ja n-July

1961

5

103% 103%

105

April-Oct

Jan-July
1961_Jan-July
Jan-July

—

A, 100 [Vf

100'A
108

-

100'A

•

—

*98

97

97%

*181% 185

—

181%

181%

*104%

104

104%

l'A

„

1 %

98

1

116% 116'%

65

114

1

(3%. fixed

refund

Terminal

H

fixed

1993

1966

refunding 3s series

3s convertible

Detroit

86

RR—

2018

3'As series

and

Detroit

86

May-Nov

Jan-July

Clear

81

51

Lake-

Income

Detroit

96.

1979-Jan-July

contingent interest)
1993
AIncome mortgage series A
(4'%%

Jamestown Franklin &

Jersey Central Power &

93%

104

0

94%

April-Oct

1%

Denver

104% 104%
95%

1977_June-Dec

mortgage and coll trust 2%s
&

„

division

trust

Delaware

First

May-Nov

'

— —

*101

April-Oct

1963

—

'

'

&

M

mortgage

&

1965

extended

103 3A
—

'

Western RR Co—
Lackawanna & Western Div

York

New

4s

103

107 %

*105

lien

series

H
I

1970_June-Dec

gold

.June-Dec
4s

1995

1995_^

see




page

25.

1961

-June-Dec

May-Nov

91

93%

115%
__

•

12

104%

107%

107'A 107%

47

106%

108 %

102% 102%

June-Dec

4%s

23

104% 105%
107%

1982_May-Sept

1958

Tunnel

Jan-July
May-SepZ

4

102 VA

103 y2

114 y2115%

193

112'/2

115%

76

C7VA

67%

103 'A 104

102 y2

*68
*67 >4

104

Laclede Gas Light 4'/2s conv debs
Lakefront Dock & RR Terminal—

1963—Mar-Sept

First mtge sink fund 3%s series A
Lake Shore & Mich South gold 3Vis

3Vis
104

J

100%

April-Oct
—

107%

76

<

•'?

—Jan->July

1969

Household

62VA

If

87'A

Va

70

*7%
103

125

100'%
100

*86

—Feb

April-Oct

:

Hackensack

First

,

102 %

receipts 1946_June-Dec
receipts 1946
June-Dec

6

*92 VQ

Feb
:

1959

87

107

102

1942

87 '/a

86

*102% 102%

Jan-July
Jan-July

1990

debentures

3%s

mortgage

mortgage

Illinois

*105% 107

3%s 1966-May-Nov

5%s

85'/a

60

Water first mtge 2%s
Hocking Valley Ry first 4'%s 1999

100'/a

108% 108%
>

«

Ohio RR—

debentures*

108'/a

.

102

1952

deposit

Jan-July
Jan-July

1976

66%

107%

41

1982_Mar-Sept

receipts
A
deposit

B

West

3s

>9 106
107%
f 105'% 106

105

June-Dec

gold

1952

1973—
D

62

99 VA

106

05

June-Dec

97 Va

10

102 Va

—

1965_May-Nov

105%

106

April-Oct
mtge 2%s 1975-—Mar-Sepf
3s iebentures 1965
Jan-July

Am

B

C

107

5

3

104% 104%.,.

first

Baking

2%s

57

4

%;/,

102

1963

70 '/a

55

86

*102%
59%

1956—May-Nou

98%

—

102

E

103',

—Mar-Sept

mtge

107-

107 %

107

76

1972

series

debentures

Power

May-Nov

1969

82
■

Jan-July
1961—Feb-Aug
April-Oct

B

ser
ser

62 '/a
97 Va

65

*100

June-Dec

6s

63%,

86%

105% 106

April-Oct

A

63Vi

85%

1974—Mar-Sept
Mar-Sept

79

98%

3

107% 108 ', 2
.

__

1951—,

ser

mtge 2%s

§ACuba

§A6s

75

5

; V .*99% 100

Feb-Aug

1978

110'/a

__

„

1955-Feb-Aug

1999

2%s

mtge

States

First

A

1977
N

4%s

1961

certificates B

trust

Debenture

L

mtge 2%s

refund

convertible

Si A7'%s

61

107

1970—May-Sept
4s

104 '/a

106'A

__

85%

1975
Jan-JuZy
inc 5s series A July 2015_Jan-JuZy
refunding 3%s series D 1969—April-Oct
General mtg£ inc 4s series B Jan 2044
April

Gulf

96

87%

4

47

'

..

Feb-Aug

refunding 3s series D

RR

66%

*106'A 106%

Consolidated Natural Gas 2%s 1968

ACuba

98%

'82 Va

1964—April-Oct

3Vis

104'A

*97 '/2 100

mtge

First

external

mtge

and refund

First

&

Corp

Mobile &

Consol

4s

65

First and

102

83%

10

78%

65%

Mar-Sept

series

1st and

and

Steel

101
96

—April-Oct

debentures

First

Cruible

103'A

Co—

3s

First

Continental

102 %

Gulf

First

Elec

2015_Jan-July
l964_April-Ocf

mortgage 2%s series Q 2010
Jan-July
mortgage 2'As series R 1961—Jan-July

Bay

Consol

Conn River Pwr sink fund 3%s A
Consolidated Cigar Corp 3'As 1965
Consolidated Edison of New York—

3s

110 %

5

61

May-Nov

trust

series

3s

mortgage

Consumers

104 'A

llO'/a

,

■; • 8

87 %

98%
65%

Jan-July

1974—,

first

series
series

1st

—.April-Oct

1974

Edison

sinking fund

Conn

103%

'

Mar-Sept

Ohio

mortgage

First

1

•

^

-

August

&

First

106

Corp—

1973

*105%

First and refunding 4s series B

'

101

87 Va

first

mortgage 3%s

A Green

;

102% 102%

—

Co

series

ADebenture

104

System Inc—

Columbus

110%

—

Ry Co—

5'/2s

Greyhound

—

.

Fi

5s

General

^April-Oct

197%

debentures

106%
104

Corp—

and

trust

debentures

4'/2s

General

104

103

26

110 Va 110'/a

—April-Oct

1977

Southern

(stamped

First

110%

110% 110%

*108%

•

"

4'%s

101

April-Oct

1959

deposit

income

(B

General

103%
4

104'/a

*102'A

104%

Co—

mortgage 5s series B 1973

Colorado

101

104'/2 104%

mortgage 3'/eS series O 2000-—Jan-July
General mortgage 2%s series P 1982
Jan-July

.

mortgage

&

104

*151%

General

80

37

104% 105%

',

1103i

1990

debs

4'/2s

collateral

General

85

76 ••

.

;

103% 104

Feb-Aug

3s

first

General

-

1950

series F

Rubber

General

■■

*99 Va 103%

,

gtd 4'%s 1961—April-Oct

Terminals

mortgage

103

Realty & Utilities Corp—

conv

General

101%

103'A

102%

77%

—June-Dec

guaranteed

&

Coast

Sugar

Goodrich

•

1970

1965

5s

refunding 5s series A

Great Northern

5

104% 105%

77%
105

1977—Jan -July

1982——

First

Colorado

A4s

4

103'A 103%
103'A 103 JA

82%

June-Bec

First

First

100%

10

G
General

101

103%

June-Dec
E

3'/eS

ACertificates of

56

Ry—

1993_

Line first

Union

Tire

and

Francisco

60

101

Louis

first

71%

58%

*96

Illuminating 3s

3%s

96 %

100%

100 Vi 100%

104%

67%

June-Dec

Pittsburgh RR—

D

93%

•

58

/

1990-May-Noy

Cleveland

High

92%

April-Oct

mtge

East

AFirst

*87%

Cincinnati Wab & Mich Div 1st 4s
1991-Jan-July
St Louis Division first coll trust 4s
Electric

Low

96 '4

Co—

consol

{Florida

62

50%

53%

1.

Southwestern

Railroad

Firestone

60

45'%

58 %

ApriZ-Oct

Refunding and impt 4'%s series

Cleveland

Jan. 1

NO.

92%

73'A

1966——June-Dec
1961

1993——:
B

&

stamped 1965

Collateral

Chic

series

73%

22

83

103

Feb-Aug

1959

Cincinnati

Range Since

Sold

'•

"

City Ice & Fuel 23As debentures
City Investing Co 4s debentures
Cleveland

Bonds

High

*100% 1011/4

Jan-July
consol mtge 3'As series G 2000
Jan-July
First consol mortgage 2s series H
1953-Mar-Sept
Ohio Division first mortgage 3'As
1971-Mar-Sept

42

10

93%

Financial Corp—••

2%s

1979

First

36

3

—

48',4

49%

_Jan-July

Terminal—

Paso

First

101

91

82

1969—Feb-Aug

C 1 T

2%s

General mtge inc 4y2s series A Jan
First consol mortgage 3'As series E

109%

102 %

April

mortgage gtd 3%s series E
First mortgage 2%s Series G 1974

First

112'A

7

60

1963

1st mtge

El

5s

90'A

1975_ApnZ-Oct

Union

Range
Friday's

or

Bid & Asked

*103% 104

Feb-Aug
April-Oct

Va & Georgia div first 5s
1956_May-Noy
(N Y) first cons gold 5s 1995_Jan-July
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Mar-Sept

120'A

114

„

8

72

Jan-July

series

,

10

*126'/a
91

June-Dec

1994

mortgage 2%s

1977—

100'/2

Edison El 111

106%

127

39

Jan-July

2%s

First

'

Week's

*94%

East Tenn

101%
105

99 Va 100'A

39%

Jan-July
First mortgage 2%s series G
1963
Jan-July
Chicago & Western Indiana conv 4s 1952_Jan-July
First and refunding 4'As series D
1962_Mar-SepZ

Cincinnati

2%s

Co

mortgage

57

Chicago Union Station—

Cincinnati Gas & Elec

Sale Price

133%

1st

30

109 '

Memphis Division 1st gold 4s 1951
June-Dec
Chicago Terre Haute & Southeastern Ry—
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3%s

Light

103

102 % 102 %

99.%

1999—April

Chicago Rock Island & Pacific Ry—
General mtge conV 4%s ser A Jan 2019
Chicago St L & New Orleans 5s 1951

2%-4'As

104

130

87

111% 111%

4s

mortgage

Duquesne

Erie

111%

1997—Jan-July

Second

First

Last

Period

Detroit Tol & Ironton RR 2%s ser B 1976_May-Sepf
Dow Chemical 2.35s debentures
1961——May-Noy

104

103%

6

*113%

series. A 1994
—Jan-July
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2019-Aprll
4 '%s conv increased series B Jan 1 2044.
April
Chicago & North Western Ry—

Income

105 Va

102,%

*119

mortgage 4s inc series A Jan 1983_Jan-July
A2nd mortgage 4%s inc ser A Jan
2003_Jan-July
Chicago Indiana & Southern 4s 19E6
Jan-July
Chicago Milwaukee St Paul & Pacific RR—

First

105%

105% 106

A 1st

mortgage

Interest

Exchange

Low

102% 103%
106

First
mortgage 3%s series B
1985
May-Nov
Chicago & Erie 1st gold 5s 1982_.
May-Nov
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2038-Jan-July
Chicago Ind & Louisville Ry—

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Friday
New York Stock

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104

102% 103 »/4

103

..Jan-July
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1977—Feb-Aug
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1985—Feb-Aug
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1970„Feb-Aug
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-

132 'A 132 %

1958—'

4s

3

BONDS

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,

MARCH

•

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1989
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1UO

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1992

first

a

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104

1968———Feb-Aug

and

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ENDED

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%'s series A 1974__—Feb-Aug

3%s series B

Paper
gold

WEEK

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i_

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FOR

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registered

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116'%

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91

91

91

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June-Dec

1997—

120

1968_June-Dec

86

86

86

1

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89%

94

84

90

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94

Co Ltd—

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1975

June-Dec,

—

15

^

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(968)

THE

COMMERCIAL

&

FINANCIAL

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Monday; March 6, 1950

NEW YORK BOND RECORD
RANGE

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New York Stock Exchange

Last

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&

ref

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stamped

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mortgage &

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98

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gold

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lien

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series

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series

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and

refunding

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first

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ser

gtd

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debentures

&

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—

trust

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77%

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88

88%

2

84%

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mortgage

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series

74

72%

debentures

1979.

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16

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60

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99

101

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101

41%

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101%

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;

37

& Lake Champlaln

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94

33%

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__

—

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62

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103%

102

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1966

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A

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106

103%

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of

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series

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1

118%

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105

L

1974

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104%

105

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3Vis
Lake

York

N

Y

&

A

1954

RR

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series

B

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and

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gold

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101%

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gold

1998

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1951

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103% 104

19

101% 102
99%

30

99%

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99%

104 Va

100

102

99 'A

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99'A

47

97%

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99%
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—

—

101'A

102%

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100 Vi

101%

60

59

60%

189

58%

64%

63

64%

182

61%

65%

70%

69%

70%

157

67%

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80%

80 Vi

79

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58'A

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see

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56%

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56%

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—

102'A 102 VA

60

59%

52'A

55%

102%

103%

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99%
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10

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,

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—

94%

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79

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——

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106

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106%

102

101%

102%

104% 104%

4

103%

104%

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105%

106%

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debentures

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debentures

1978

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3V4s

debentures

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Western Oil 3 Vis debentures

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& 111

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105

I964-June-Dec

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100%

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103 %

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101'/a

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107%
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gold 4%s 1855_Jan-July

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convertible

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1

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inc debs

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Sept 1 1960 —April-Oct

trust ctfs 1952

Pennsylvania Glass Sand 3'As 1960
Pennsylvania Power & Light Co—

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•

&

6

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77%

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102'A

104'/a

—

103%

103%

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B

4s

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Pere Marquette Ry

104

104% 104%

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1960

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114%

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105%

external

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115

17

93 Vi

150

98%

64
43

85

57%

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15%

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85

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1990

16

101%

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101

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3%s series D 1980

103%

114'A
102% 103%
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April-Oct
April-Oct

104'A

114

103%

June-Dec

1968

General mortgage 4%s series E 1984
Convertible debentures 3'As 1952
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Peoria

77

1

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Philadelphia

17%

10

6

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Baltimore

&

Wash

RR

104

114

115

100%

103%

104

108 3/a

93%
94

100%
81

57%
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98%
98%

101%
85
61

17%

102

103%

Co—

General

5s series
B 1974
Feb-Aug
geld 4%s series C 1977
,_Jan-July
Philadelphia Co collateral trust 4VAs 1961—Jan-July
Philadelphia Electric Co—

94

and

refunding 2%s 1971
First and refunding 2%s 1967
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First and refunding 2%s 1981
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ACertificates

of

Feb-Aug

4s

ser

G

4s

ser

guaranteed

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100%
95

2

73

74'A

80

6

77%

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Cine Chicago & St Louis
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5s series
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68%

327

64%

68%

49

47

49

728

44

49

3Vis

debentures

103

"

8'/a

103

103%

.

106%

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112%

—

106%

—

general

general 4Vis

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Co

5s

series

B

series

5Vis income

1962

1974—
D

Elec

Power

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mortgage

First

mortgage 3s

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debentures

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mtge

1977

1983

mortgage 2%s

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1984

4a

1977

1956

106%

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__

112%

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106'A

3

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HI

106%

103%

100%

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103%

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__

105

106

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88

83

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101

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general 5s series C

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101 %

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1965

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22

27

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100

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101

102%

93%

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1

93%

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92 %

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23

92%

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86

1017/a

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Pittsburgh Steel 1st mortgage 4'As 1958—-April-Oct
Pittsburgh & West Virginia Ry—

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103%

9%
103%

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1964

mortgage 4Vis series C 1960
Pittsburgh Youngstown k Ashtabula

104%

103%

102%

8

103

Pittsburgh Consolidation Coal—

Potomac

101%

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1975

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103%

102%

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1975

B

3%s series E

80

67%

19

ser

15

—

—

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94

8%

103

1957—May-Nov

1959

100%

%

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1953—June-Dec

mortgage 4Vis series B

79'A

102% 102%

F

ser

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——

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4s

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guaranteed

mortgage
mortgage

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103%

1937

guaranteed

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104'A

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deposit

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106 'A

103%

104

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110%

104%

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Pittsburgh Cincinnati Chic & St Louis Ry—

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112%

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110

4

29

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4s

12

105% 105'A

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99%

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95%

98'A
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—

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93%

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93%

96%

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108

108

June-Dec
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1964—Jan-July

100

100

100

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105

105

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105

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May-Nov
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103

25.




102

~2

102% 102%

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1958

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97%

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1954

97%

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mortgage 4Vis series

ifay-Noy
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93

-

1986

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100

15

Jan-July
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footnotes

103'/a

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.

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series A

Hartford

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Feb-Aug

2000

93

105%

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106% 106'A

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1973

&

100%

103%

—

99%

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106

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1998

103

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1998

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106
100 %

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—

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_

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deposit

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N

—

—

Chicago & St Louis—

Dock

Y

—

—

107%.

— —

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First mortgage 3s series F 1986
April-Oct
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April-Oct
N

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Michigan Cent collateral gold 3Vis
1998—Feb-Aug
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Feb-Aug

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—'

—

deposit—

of

registered

—

99%

mortgage 3 Vis 1997
registered
1997

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3Vis

*

&

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Feb-Aug

1956

89%

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deposit
D

106

Ry—
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70%
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85 Va

104%

102% 103

1979—June-Dec

106

Feb-Aug
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April-Oct
N Y

—

5

1952—Jan-July

1953

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33

debentures

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1956

of

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101%

—

106

deposit

C
of

series

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Mar-Sept
Jan-July

1954

series

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&

B

series

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first

Texas

series

1974
1983

5

95%

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1970

4%s series D 1981

RR—

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New

—

Jan-July
Feb-Aug

1986

95

104% 105'A

>100% 102'/a

3s series

General

Jfay-Noy

Jersey Bell Telephone 3Vis 1988.

N

94%

"94%

Feb-Aug

3s series

General

Jfar-Sept

New

107'A

63%

25

3s series N 1977—June-Dec
2%s series P 1981—June-Dec
2%s series Q 1980—June-Dec

106%

April-Oct

1974

112

105%
64

87

3s series S 1983
Tel & Tel 2%s debentures 1985

A

series

108%

9

61

85%

June-Dec

1»3%

Tel Co—
4 Vis

debentures

3s

Jfay-Noy

1982

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95%

2%s

95

14

104% 104'A

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33

101% 102%

1971

106

"100% 101'A

guaranteed

107

36

64 %

April-Oct

K

102%
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106

June-Deo

debentures

107

June-Dec

3%s series I
3s series J

and

Pacific

99%

99'A

April-Oct

3s

114

102

55%

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and

and

refunding
refunding
refunding
First and refunding
First and refunding
First and refunding
First and refunding
First and refunding
First and refunding
First and refunding

100%

62

Corp first mtge 3s 1965

First

63%

.

.*-

First

102

172

102

Supply 2%s debentures 1967
Naugatuck RR first gold 4s 1954
New England

110

105'/a 105%

103

Mar "Sept

mortgage 3s 1975
3s sinking fund debentures 1965
Pennsylvania RR—

April-Oct

National

—

109

64%

Jan-July

1975^

First

42%

78 Va

56'A

Feb-Aug
1970—Jufce-Deo
1974

93

133%

Pacific Gas & Electric Co—

Consolidated

debs

109%

104%

First mortgage 3s 1979
June-Dec
Oregon-Washington RR 3s series A I960.—April-Oct

74%

92%

1,841

99% 101 VA

102

Jfay-Noy

2%s

88

129%
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Ry—

First mortgage 3 Vis 1978—

tH O O £

63'A

V

41

98'A 100
"104 %

May-Noy

1970

Products

16

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May-Nop

Oklahoma Gas & Electric

82%

77

Feb-Aug
1958—May-Noy

1986

107'A

O

82%

Louis—

B

107%
106%

107

Telephone—

SAFirst guaranteed 4s 1948_
Ohio Edison first mortgage 3s 1974.
First mortgage 2%s 1975.

81'A

75

79

78%

3 Vis

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debentures

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St

12

129% 130'A
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Feb-Aug
April-Oct

first mortgage 2%a 1974

Bell

tOgdensburg

92%

4

11

78%

April-Oct

&

93

107
.106

States Power Co—

Northwestern

85%

N
First

92

129%

Mar-Sept

First

Nashville

5

63

49'A

1978_

—.

103%

84 %

1986

20

—

107

74

103%

1

62%
104

10

1955

107%

107

102%

106%

31

1966

mortgage 5s
mtge 4Vis series B

States

23

27

1991

B

debentures

17

74
15

—

80%

3Vis 2000-June-Dee
series A 1955-May-Nov

Construction

—

53'A

1980

& Essex first guaranteed

Mountain

101 %

87%

Afar-Bept

series
3s

109%

101

Vi

1965—Feb-Aug

107

"105%

—Jan-July
First mortgage 2%s 1979
Feb-Aug
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Mar-Sept

.

series

gold 5s

Co.

109

79%

-

3 Vis

19

77%

refund

&

"

86

refunding 5s series I 1981
Ry

87

77%

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Malone

102

83 Vi

<78%

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&

101%

13

Jan-July
1967April-Ocl

Jan

1975

(John)

1

86

52'A

A

Morrell

107%

79%

First and refunding 5s series *F
1977—Jfar-Sept
refunding 5s series G 1978—May-Noy
§AConvertible gold 5V2s series 4 1P49__jfav-Noy

Monongahela

107%

—

Jan-July
A

47%

——

13%

102% 103%

Quar-Aug

__

53%

AFirst and

Mohawk

"103

Jan-July

1978

ACum adjustment 5s series
{Missouri Pacific RR Co—
A

104%

87%

1962
D

,

10) %

June-Dee

1962

series

100'A

104%

1971—May
1991—May

-

Prior

62%

■„

RR—
A

5

Quar-Feb

First mortgage 2%s 1975
First mortgage 3s 1978

94

—

105'A 106

Aprll-Ocl

mortgage 4s lnc ser A Jan
Kansas & Texas first 4s 1990

106%

42%

•

1940——April-Oct

1967

103'A

Quar-Jan
2047

—

109
109%
"104% 105 »A
"102% 105'/4

105%

56%

Marie—

General

Missouri

109

Jfar-Sept

11

41

47%

91

54 %

102

85%

.Jfar-Sept

mortgage 3%s 1969
37/aS sinking fund debentures

88%
88'A

"99%

-Jfay-Noy

First

76

*

Refunding and impt 4Vis series C 1979—Jan-July
Michigan Cons Gas first mtge 3Vis 1969—Jfar-Sept
First

102%.

3

"104% 105%

April-Oct

».

72

10

91

56 >,0

100% 100 VA

.June-Dee
1974

6

9G

90

1

_

102%

72'A

55'A

(Southern

Metropolitan Edison first mtge 2%s
Michigan Bell Telephone Co—
3 Vis

72 Vi

Quar-Jan

1997

3s Jan 1

(Minnesota)

107%' 108%
102% 103%

"102'A 103

June-Dee

1997

4s

registered 2047

Northern

;

—

46%

1974—Mar-Sept

ser A

Refunding and improve 4Vis ser A 2047—Jan-Juiy
Refunding and improve 5s series C 2047—Jan-July
Refunding and Improve 5s series D 2047—Jan-July
Collateral

104%

...

103'A

refunding 4 Vis

registered

3s

-•

108% 108 Va
"103

and

lien

4s

100%

83

95

105% 106

Pacific Ry—

General lien

105'/a

86

102'A 102'A

May-Noy

General

Northern

105%

104%

12

99

"80%

Mar-Sepi

Ry Co—
mtge 5s convertible lnc 2014—April-Oct
Ry first gold 4s 1996—April-Oct
Northern Central general & ref 5s 1974—Mar-Sept

01

61
105

105'A

G3%

Southern

& Western

Prior
1

__

57

■>100%

AGeneral

77%

105%

9%

122 Va

104%

Y

Norfolk

—

61

"104%

—

April-Oct

1979

74%
122'/8

11

79 Vi

37%

76'A

61%

"74 %

61

104% 104%

61

61

15%

65

^120

3%
102%

35

53%

„

2%

102'A

"13%

63

—

High

8

"17%

U

104%

1

.

7%

40

Feb-Aug

14

57

56

3 Va

Feb-Aup
Jfay-Nov
Jan-July

12

Manati Sugar

Manila

i

first

64%

April-Oct

1960

4s series

47

60

_._Jf«y-Noy

debentures

con

1937

56'A

53%

Low

3

106

Vi

2003—Apra-Ocl

1955

4%s series A

refunding 5s

Jan

'

No.

-

59Vi

M
Macy

Corp first SVis 1963
Susquehanna & Western RR—

Y

Range Since
'

Sold

102% 102%

Jan-July

82'A

Bonds

High
7%

3

April-Oct
Jan-July
Jan-July

gtd

64

April-Oct

1st mtge

consol

77

RR—

Elec

&

1st

55%

Feb-A up

ser

Putnam

64%

1952

First and refund mtge 2%s ser G 2003
First and refund mtge 3%s ser H 2003
Louis Div second gold 3s 1980

Louisville Gas

&

59%

1951

Cincinnati Div 4s

Y

82 'A

56

Range
Friday's

7%

1st mtge 2%s 1975—Jfar-Sept

gold 5s 1943
Telephone 2%s series D 1982
Refunding mortgage 3 Vis series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
Niagara Falls Power 3Vis 1966
Mar-Sept

A

St

Atl Knox &

101

N

5s

mtge 3%s

100%

7%

June-Dec

1955

*s

& Light

73%

Feb-Aug

1963

Na^hyihe

First and

g

Power

N

„

100% 100%

Y

75'A

69

May -Nop
June-Dee

series

debentures

debentures

Louisville

7s

1951

series

4s

^Geueidi

96

82%

contingent interest 2003
contingent Interest 2003
Terminal Ry—
First mortgage 5s extended to 1979
April-Oct
Lexington & Eastern Rv first 5s 1965
F'h-Au»
Miami

94

May
May
May

5s

Little

10

—

Valley

Liggett & Myers Tobacco 5s

96

Jfay-Noy
Jfay-Noy

4 Vis

Series

96

or

Bid & Asked

Low

Jfay-Noy

interest 2003_:

Last

Sale Price

High

§ATerminal

contingent interest 2003

Series

Lehigh

Low

Period1

4s 1993
N Y State Electric & Gas 2%s 1977

Jan-July

2003

5s
4s

100%

Feb-Aug

4Vis fixed interest 2003

Series C
Series D

No.

High

Week's

Friday

Interest

New York Stock Exekango

1

.

bonds—

Series B

fixed

Jan

{N

mortgage 5s extended to 1984
Lehigh Valley Railway—
First mortgage 4Vis extended to 1974
Lehigh Valley RR—

3

BONDS

Sold

N

Feb-Aug

1st

First

MARCH

{AN Y Ontario & West ref 4a June 1822—Mar-Sept

Feb-Aug

Lehigh Valley Harbor Term Ry—

ENDED

*

Bid & Asked

Low

1st

WEEK

Bonds

le Price

Lehigh Coal & Navigation Co—
Sinking fund mortgage 3 Vis ser A 1970_Aprl]-Oct
Lehigh Valley Coal Co—

FOR

Week's Range

Friday

3

99%

100%

Volume 171

THE

Number 4887

COMMERCIAL

&

FINANCIAL

CHRONICLE

(969)

25

NEW YORK BOND RECORD
RANGE

Last

Period

3s

debentures

First
First

MARCH

May-Noo

_

BONDS

Jan. 1

NO.

High

Low

.

First

and refunding mortgage 3s
First and refunding mortgage 2%s

104%
."

*151Vs
222

1972—May-Hoy
1979_Juue-Dec

222%

*106V8

9
"

—

105%
151%
222%

106 %

~2

,

2%s

debentures

1964

.-Jan-July

*101% 102 V2

53%

57%

120

52

57%

23%

26

219

21%

26%

101%

3

101%

110

3

102%

1974

(R J)

Tobacco 3s debs 1973

Gas

General

Electric

&

General

series

mortgage

3%s

mortgage

3%s

4s

4%s

3

93

95%

104%

series

stamped

*

H

I

series

1967—Mar-Sept
Mar-Sept
Jan-Jiup

1S41

106 %

*107 Vb

*7%

Jan-July

8%

'

—

8%

Rubber

S

106%

Lawrence & Adir
Second

St

gold

Louis

St

6s

1st

gqjd

Virginia

^
,

r

8,,
(

104

67%

*

April-Oct
5s

stamped

104

*73Va

1955_Jan-July

*

--

*100

5

67'/tt

103%

104

6=5

mortgage 4s series A 1997——
Jan-July
ASecond mtge inc 4%s series A Jan 2022—May
St

Louis-Southwestern Ry—
4s bond certificates 1989

72

--

—

91%

94%

Second 4s lnc bond certificates Nov
General

and ref

Paul

&

St

Paul

Union

first

3Vbs

Depot

Scioto V & North Eastern

Seaboard

First

Air

Line

AGeneral

mtge

3s

1971

first gtd 4s
A

1989_May-Noy

1996

series

A

Jan

2016-Jan-July
•

80%
99

-

gtd

Southern Bell Telephone

June-Dac

2%s

Indiana

Southern

Pacific

1969

'

100%

Map-Nov

96%
93%

——Map-Nov

1st mtge 3%s ser A 1975_June-Dec

Pacific

RR

mortgage

2%s

series

E

mortgage

23/4S

series

F

1996

First

mortgage

2y4S

series

G

1961

Ry first consol gold 5s 1994

Memphis

3V8s

first

Dlv

Louis

Div

first

Bell

gold
gold

Tel

debentures

78

114V4

93%

*

gold

4%s

Sunray

Oil

Corp

Swift

Co

Walworth

debentures

Ward

50 %

1973—

60

Penn

102

West

Penn

Refund

Assn of St

and

-

1

104

105

West

Shore

first

10

78

83

'

36

100

97 Va

100'

95 V4

84

92 V

13

5

106 y8 107

Pacific 4V/2S

Funding

2.65s

96

and

refund

M

First

and

refund

M

Texas

&

Pacific

General

and

first

3%s

109
—

#103
101%.!l02
105

~2

102

9

lo

50%

103 y4
107

40

3%s

gold

refund

M

series

and real

gold

97%

41

3%s

C

2000

10

convertible

ser

E

3 Vis

§ ASu & Du

98%

series

104 %

5

12

73

78%

19

100

101.Va

102

1

102

10234

91

12

102
SO

SI

10212 103%

April-Oct
52 Vb

73%

80 Va

90

91

A

52%

Jan

50 VB

4

2

52%

*

101

101

.102%

106%

106%

103

105%

*102% 102%

106 V'a
106 V'a

106

*105% 106 V a
104% 105

b

104%

105

106% 107

May-Noc
Jan-July

2014

52 V

106%

102 Va

6

*101

Jan-July
1979—Map-Nov

1966

I

income

3

106

107

57

63

64%

82

59

64 Va

.64%

<

59%

70

55 V'a

59%

103% 103%

27

101%

104%

105% 105%

21

104%

105%

59%
103%

1013 4 101%

May

101%

102%

100

3

100 Vb

May-Nor

debentures

of

ACertificates

103%

Wisconsin

101V*

101%

First mortgage
Wisconsin Public

104

119 V«

125 Yo

2

104

105

included

105% 105%

20

105%

106%

not

iV 100 Vb

35

100%

100% IOOV4

23

99%

87%

87

85%

*._,,

102%

102 3

103

__

101%

103Va«

30

102

103

26

102%

103

10

102 V2 103

114%

115%

—

1153s 115%
76%

76

76

76

1936—Map-Nov

43%

43%

44%

June-Dec

first 4s

110%

•

O
<i¥

4/102%

Jan-July
.Jan-July

100%

160%

100%

deposit

106%

398

ipi%

1027s 103

—Jan-July
ApriZ-Oct

.

91%
102%

"

Jan-Julp
-

100%;
•'

101 y4

102

Vl09% 110%

110%

June-Dec

Mar-Sept

1960

90

*101

Mar-Sept
Jan-Julp

1973

87V2

85

77Va

3
68

77 Va

74
76

76

41

44%

deposit

104%

2

of

100

June-Dec

1950

100%

Mar-Sept

4Vis

estate

div and term

103

101

101

99 %

6

99%

130%

130% 131 y4

15

128 Va

105 V'a

105 Va 105 Va

16

103%

a

Electric

106

100%

Deferred
in

included

Power 2%s

2%s

in

saie

1971.

101%
the

101

n

in

the

100% 1001

year's

Under-the-rule sale not

year's range,

Bankruptcy Act,

100 Va

107V2

99%

107% 107%

Ja?i-July

included

not

year's range,
the

100

107 Va

T:

100 %

.Mar-Sept

3V4s

Light & Power 2%s 1976_Jan-JuZp

delivery

the

1976

1979

Service

y

Odd-lot sale not
included in the year's range, r Cash sale
d-Ex-interest.

range.

e

Ex-coupon.

^Negotiability impaired by maturity.
{Companies reported as being in bankruptcy, receivership,

1311/4

101

99%

1985_Jan-July

91V4
101

78%

78

Map-Nov

1976

1970

1967—

S B first 4s

104% 104%

.'June-Dec

88 V 4

99

103%

80%

80

U&y-Nov

1966

1951

ACertificates

105

97%

5s

Yonkers Electric

1990_Apn'Z-Oct

5s

debs

{Wisconsin Central Ry—
gAFirst general 4s 1949—

50%

10414

125 Va

1970_Apn'Z-Oct

103%

Telegraph Co—

Winston-Salem

102

106%

125

series B

2
13

101

1

Wheeling & Lake Erie RR 2%s A 1992
Wheeling Steel 3 Vis series C 1970
First mortgage 3 Vis series D 1967Wilson & Co first mortgage 3s 1958—

106

105%

104

105%

90%

90%

100

1971

30-year 5s 1960
Westinghouse Electric Corp—
2%s debentures 1971

120%

92%

l03

24

102% 102%

104

—_Map-Nov

118

103

*103% 104%

guaranteed 2361

Union

96%

114 (4

92

4s

Western

95%

95

21

96

104

3%s

Western

103 Va

90%

New Orleans RR—

First

W 2%s

3%s

97

4

*98%

April-Oct

1965

126

99% 100 %

99%

April
April
April

1981—

mortgage 3s guaranteed
Electric 3 V-^s 1974

93%

95

93 %

103V4 103 V4

Jan-July

114%

103

103

Jan-July
4s registered 2361
Jan-July
Western Maryland first- mortgage 4s 1952_April-Ocf
Gen mtge 4Vis-4,s series A 1969
Apr-Oct

103 %

103

*101 %

impt 2%s series D 1985

Refund and

Texas &

B

mortgage

Louis-

Texas Corp 3s debentures

series

General

25-year

Jan-July
Jan-July
Jan-July

impt M 4s series C 2019

103 %

37

*104% 105

April-Oct

(subordinated)

Power

114% 115y8

975/i

102%

105 % 108 %

124% 126

RR first ref gtd gold 3%s 2000
Feb-Aug
Washington Terminal 2%s series A 1970—Feb-Aug
Westchester Ltg 5s stamped gtd 1950
June-Dec

West

*103% 104%

97%

*

Warren

99%

T
Terminal RR

1958

debentures

conv

124

96

48%

1C5

105

3

103

103

Baking Co—

107

*107

April
1966—Feb-Aug
1971—Map-Nov

1966

5s

&

5%s debentures

103%

98%

88%

102

2013

1972

Co

G

101 Va

May-Noo

25/8s debentures

tHiram>

124

*108

102%

—

*

1995
.Mcy-Nov
mtge 3 Vis ser C 1973, April-Oct

3%s

106

93%

94%

106 la

Jan-July
Jan-July
1985—April-Oct

(N J) debentures 2%s
2 Vis debentures 1974

mortgage

14

103 y4

104

1951—
debs

Standard Oil of California 2%s debs

2%s

95

—Map-Nov

first

debentures

96%

*102

3s series B

7.-7',;'

100% 101

96

1996

5s

4s

2%s

Standard Oil

2%s

19

—

93%

Jan-July

1983

ASpokane Internat

&

59

*87%

—-Jan-July
Jan-July

Devel and general 4s series A
1956—--April-Oct
Devel and general 6s series A 1956—
Apn'Z-Oct
Devel and general 6Vis series A 1956
Apn'Z-Oct
St

99%

99%

99

*101Va 102

*100

1986— Jan-July

First

Southwestern

Walker

Co—

First

Southern

82%

102%

99%

78

91%

*105% 107%

June-Dec

income 4V4s series B Jan 1991

75%

— —

104 V4 104 \\

104%
'

Mar-Sept

1977

A

1981

San Fran Term

Southern

•

99%

90

'

106% 107

-

98 %

--

116 V'4

General

___

3

59%

*91

_J&n-July

4s income series A Jan

mtge

First

98%

60

99

*123%
106%

J&n-July
—Jan-July

Ry 2%s 1994

4%s
4yas

■

■

98

(Mar 2 at 102)

Gen mtge

Co—

(Oregon Lines)

Gold

'

967a

.

6

103 V* 103 V*

Jan-July
__Feb-Aug

1987

4yas

Gold

5

9934

-

98

W

101%

__

99

*50

-

__

99 Va

•99

1963——April-Oct
Co—

.

April-Oct

97%
103%

2

Wabash RR Co—

100%
'

105

96
102 V

3

15

98

1959—Mar-Sept

—

—

173

& Telegraph

1985

debentures

Southern

First

5s

'

*102%

—'—Jane-Dec

1979

debentures

—

81%

103%

103%
4"

10312 103 %

May-Nov

1967

consolidated

First

104%

—

26

105

102 %

106

103%

__

110%
103%

%

101

__

100% 100 %

■■

81%

99

RR

1976

3%s debentures

First lien and ref

105 V4

4

•

20

963a

96

April-Oct

Gen

V—

Socony-Vacuum Oil 2%s 1976—

2%s

66%

99 %

106 -'

*126 V* 127%

—

Jan-July

!

1974L

debentures

119

"103

—

99

3s

118%

106

*104% 104%

1991-Mar-Sept

1966

First and refund mtge 2%s ser G 1979
Virginia & Southwest first gtd 5s 2003

Co—

4yas

Ala

62 Via

10

-

Feb-Aug
2%s

'

—April-Oct

Oil

North

167

*107%

'

2%s debentures 1971—AprtZ-Oct
tSASilesian-Amer Corp coif trust 7s l941_Feb-Aug
Skelly Oil 2%s debentures 1965
.Jan-July
South :&

64%

118% 119-

__

& Sons 2y2s 1966——June-Dec

debentures
Union

B

series

4s

Seagram fjos E.)
Shell

RR

mortgage

1990—Jan-July
gold 4s 1968-June-Dec

cons

50

101%

gold 5s series A

Duluth

92 %

63%

119 '•

—May-No®
1989. Jan-July

104

102% 102%

.

debentures

Called bonds

__

91V4

64%

2%s

Virginian Ry

First

St

92%

110
103

1970—June-Dec

debs

mtge 2%s ser E 1975_. Mar-Sept
Filst and refund mtge 3s series F 1978— Mar-Sept
3%s convertible debentures 1963:
April-Oct

Louis-San Francisco Ry Co—
1st

110

*103'4
*104% 105

First and refund

71

72

4

-r

U

RR consol gtd 4s series A 1955. _Feb-Aug
sinking fund series B 1957
.Mcp-Nov
Electric & Power C*—

Consol

6s 1996_-^_i.Jan-J«I|/

1996

Rocky Mt & P

1976

Pictures

Vandalia

—...}Jlar-Sept

95%
101 Va

10%

•

Saguenay Power 3s series A 1971

92

—

2

8%

8V4

_7

8%

103% '

103%

107 Va

7%

2%s

of America

debentures

Universal

__

9

5

RR—

debentures

2%s

—

—

S
St

1968

California

101V

1971—May-Nov
1975—AprlZ-Oct
Map-Nov

Refunding mortgage 2%s series C
U

*1061/4

__

1969

1949

stamped

of

Pacific

2%s

105%

*124

1967—Mar-Sept

mortgage 3 Vis Series J
RR

17

Missouri 3%s

of

United Biscuit Co

General

{ £Rut-Cana4fian

93 Vz

1977—Mar-Sept

D

General

t§ARutland

93

105 Vt 105 %

—

Corp—

4%s

mortgage

debentures

Union Oil

April-Ocf

*95-%

1961—Mar-Sept

debs

2%s

Corp

First mortgage and coll trust 2%s

Union

Reading Co first & ref 3y«s series D 1955—May-Nov
Reynolds

103% 103%

56%
24%

3%s

Orleans

New

of

Tri-Continental

R

reorganized under Section

or

77 of

securities assumed

or

*Friday's bid and asked prices;
A Bonds selling fiat.

no

by such companies.
sales being transacted during current week.

,

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. Feb. 25
ending the current Friday, March 3. It is compiled from the reports of the Curb Exchange
itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current year.

and
or

RANGE

Week's

Friday
STOCKS
New York Curb

Range

Shares

Wire Co

Acme

%

1

Aero

Supply Manufacturing—.
Agnew Surpass Shoe Stores

5

Associates Inc

common

(N J)

22 3

4-%

Alaska
Alles

Power 4.20%

Airlines

Fisher

&

8

8%

1%

Inc

—.

100
1

Altes

(Mich)

common

Brewing Co

Altofer

Bros

High

Aluminum
S3.75

Co

Jan

1%

Jan

Amer

Jan

4

Jan

American

Bantam Car Co class A.

21

Jan

23%

Jan

American

Beverage common..

American

Book Co

Aluminum

50

4%

GOO

4%

Jan

5%

Jan

2,000

1%

Jan

2%

Jan

American

800

10%

Feb

Jan

American

600

7%

Jan

Feb

common

preferred.

footnotes

see

5%

conv

2

10%

7%

10%.
8

8%

8%

2,300

87%

20
225

7%
80

99%

12

8%

Jan

8%

Jan

Jan

87%

Feb

9,900

5
6

6 Va

600

♦

56%

100

101%

55

57

100% 101%

3,200
150

1

B_

Feb

4

Jan

5

Feb

American

Hard

Jan

4

Jan

American

Laundry

Jan

187'e

Feb

American

Manufacturing Co

5%

Jan

6V'a

Jan

American

Maracaibo Co

Jan

6

Jan

American

Metal

57

Mat

101% Mar

page

7%
*

29




Jan

49 Vz

48%

96 %

Jan

Jan

7%

50

6%

Feb

49 '/a

4,300

45%

Feb

26
RlA

Rubber

Co...

•fo

Jan

VfJ

IVe

IVa

200

1 V'8

Jan

1%

76'/4

Feb

—

—

—

14%

s1-.

Feb
Jan

Jan
Jan

American

Natural

Potash

.Tbti

Class

Gas

&

_10c

9%

9%

3,600

,

2 Va

113'%

111
2

Vb

35 %

1

41

41

8%

Jan

11%

11%

21%,

131

Mar

S%

0

Feb

Feb

115

Jan

2%

34 V'4

Jan

35 %

39

Jan

41

50

10%

Jan

13 Vb

600

19%

Jan

21%

Jan

1.800
.

250
25

20

—

—20

175

2%

35

-.25

com..

u-

Jan

Jan
Mar
Jan

Jan

Co

Chem

-25

16%

16%

16%

800

16%

18%

oan

1

3%

3%

3%

6.100

3>'i»

Feb

4%

Jan

2

15%

15%

8

800

33%

Jan

35%

Feb

54%

50 %

54%

2,700

Mar

30

31

—

common.

Meter Co

American

E>__

9%
111

•

Products

American

.100

...

Machine

Jan

American

High

1.400

1

$2 convertible preferred—
$2.50 convertible preferred

102

51 %

Jan.

100

%

Electric—

&

Gas

preferred...
American General Corp common..

Jan

24%

Low

13%

14%

8

3

Cities Power & Light-

6

5

.100

Range Since January 1

High

14%

%

___1
1

—,

16 %

4%

Low

..15

pfd

3%

4%

common

Aluminium Ltd common

For

Filter

4%%

2

Manufacturing

Industries

Air

22%

•

.

of America

cumulative

Par

iy»

4

101% 102

—1

common

Aluminum Goods

Shares

1

common

Products

far Week

of Pr ices

4 %

Allied International Investing Corp..„1
Allied

Range

Sale Trice

Friday

Low

500

87%

50

preferred

Sales

Last

New Y'ork Curb Exchange

Class

103b

3

Air-Way Electric Appliance.
Alabama

2

1

Alabama Great Southern

Week's

STOCKS

*

Ainsworth Manufacturing
Air

1

3

3

10

Inc

JIARCH

Range Since January 1

High

1%

1

common

Hat Stores

Adam

Low
1

Aluminum Alloys

Acme

ENDED

for Week

of Prices

Par

ACF-Brill Motors warrahtS—

WEEK

Sales

Last
Sale Price

Exchange

FOR

V
V

High

105 V'4

101%

1

,

Jan.1
Low

103%

3s

Rochester

Range Since
.

NO.

June-Dee

RR

Union Electric Co

Oats

Sold

High

Ave Ry first refunding 4s 1960
Jan-July
AAdJustment income 5s Jan I960——"^April-Oct
Tol & Ohio Cent ref and impt 3%s I960—June-Dec

Term

::
Quaker

Bords

Pacific—

Pacific-Missouri

{Third

106%

105 Va

•

105 V4 105 %

--

Friday's

or

Bid & Asked

Low

109%

222

'.

—

109

151%

*109%

Sale Price

High

r
■

"

Last

Period

New York Stock Exchange

*104% 105

_

Week's Range

Friday
Interest

Range Since

Texas

1963

3

Sold

Bid & Asked

Co—

and refunding mortgage 3145 1968_Jan-JMlj/
and refunding mortgage 5s 2037__Jan-July
and refunding mortgage 8s 2037—June-Dec

First

ENDED

Bonds

Friday's

or

Sale Price

Low

Public Service Electric & Gas

WEEK

Week's Range

Friday
Interest

BONDS

New York Stock Exchange

FOR

6%. pfd -—25
29 V*
—

.10

47

Jan

54%

34 Vb

Jan

37

3 75

26%

Jan

S3

900

26

Jan

31

27 Ve

Feb

-

class A

___.

Republics...

15'"

29 % x30%

29%

28

30%

-

4,400

Jan

Feb
Feb
-74

Jan

]

■,

'

26

(970)

THE

NEW

FOR

Friday
STOCKS

Rang©

American

Seal-Kap

Superpower Corp common
preferred
American Thread 5% preferred
$6

%

•

5

American Writing Paper common

5

Anchor Post

7k

129%

—

Anglo-Iranian
Amer dep

1

common

Oil

6%

Gas

1

$7 pfd

American
Associated

6%

Jan

6%

Jan

5%

Jan

6%

Jan

7 V»

1,150

12%

Jan

13%

Feb

City & Suburban

2,400

2%

Feb

3'A

Jan

Clark

6%

Jan

7%

210

109%

Jan

12%

13
3 4

3

Jan

Claude

4

Mar

Jan

Jan

12%

11%

11%

11/8
lO-'a

27,300

10%

Jan

12%

Jan

700

10 %

Feb

11

Jan

10

114%

Jan

116

Feb

10%

-

—

10%

10 4

400

8%

Jan

11%

Jan

21%

21%
24va

12,000

X21%

Feb

22%

Jan

24

24

Jan

25 %

Feb

10%

10%

11%

1,000

Jan

11 %

Feb

—

2,600

9%

100

0 4
55

274

2%

5014

4914

1

16

800

225

5014

5%

6

300

3

53

—

1

6

7,200

16%

16

1

5%

514

8%

814

8,

2,200

6%

Feb

6%

Feb

Feb

13

41 %

Jan

2%

Jan

44
5

15%

Jan

67 %

Jan

3%

Feb

Vtc ext

17%

Jan

4%

5%

Feb

6%

Feb

8

Jan

8%

.Tan

Jan

614

6%

7 4

2,900

6% Mar

9

17%

16%

2014

1,125

16% Mar

22

.'■in

3

1114

H'%

11 %

700

10%

13%

Feb

*

58

common

Feb

2,400

52%

Jan

50

36

Feb

36

36

10

--

1

Ltd

•

Corp

59'A

Feb

10%

800

9%

Jan

5%

100

4 %

Jan

38%

Watch

1

4-4
6%

common

common

Hedges

Bickford's

Inc

514

4%

Feb

400

6%

Jan

7%

Jan

29%

30'A

3,200

6%

200

5%

Consolidated Royalty Oil
Continental Car-Na-Var Corp

Light

10%

Jan

5% Mar

&

Reynolds common

45'A

45%

525

33%

Jan

9%

Jan

42

10%

10%

76%

48% Mar
6%
*

Feb

45% Mar

114

—

.

—

10%

500

76%

2,100

69%

Jan

114%

74'A

114%

180

113%

Jan

116

Jan

104%

Jan

108

Jan

Jan

'

—

11

Feb

77%

Feb

14%

13%

14%

5,000

12%
4%

Jan

4%

Jan

81%

81%

82%

1,950

81%

Feb

88%

Jan

2%

2%

3

1,900

1%

1%

700

14%

17%

17%

11,800

1%

Jan

j7fl

4,600

10%

300

7%

4,000

6%

50

—

43

—

—

Jan

17k

Jan

%

__

Feb

3

Jan

13%

10%

—

14%

2% Mar

30

__

convertible preferred

Courtaulds

Jan

17% Mar
32

Jan

Jan

%

Jan

Feb

A
10

11%

Jan
Feb

Jan

7%

1,000

16%

Jan

17%

9,400

8

5%

Jan

8%

1214

receipts

dep

(ord

reg)__£1
5

1

Jan

Crown Cork Internat'l "A"

Feb

Crown

1%

100

1%

Jan

2%

Jan

Crystal Oil Refining common

34%

Feb

35%

Jan

7%

Jan

8%

Feb

500

34%

Jan

44%

Feb

Feb

8%

12%
8%

514

200

12%

25

4%

16,200

9

1,100

16%

Jan

Curtis Lighting

Feb

8%

Jan

Curtis Manufacturing

12%. Jan

13%

3%

Jan

4lA

Jan

9%
62%

Feb

550

19

Jan

600

5

Jan

6,300

6%

600

25

25%

i""

175
V

16%
5
24

Feb

23
5 Tb

Jan

Cuban

Atlantic

Sugar

22%

22%

200

Feb

7%

Jan

Feb

6%

Jan

11%

11%

50

Feb

11%

Feb

;

2%

2%

800

2%

Jan

3%

Jan

«

2%

3%

600

2'A

Jan

3%

Feb

—

.

•

i-

3%

£1

Co

58

58

10

50%

Jan

20%

20 %

20%

2,600

18%

Jan

10

10%

800

10

Feb

5%

50

15

15%

350

13%

34

34

__

—2.50

(Mo)

5%

—5

8%

100

class

A

%

134

•

34

1

common

Jan

7%

Feb

Jan

25%

Feb

17

Jan

17%

Feb

Feb

33%

Jan

22%

Jan

23%- Jan

Jan

8%

Jan

8

Jan

8%

Jan

1%

Jan
Jan

100

2%

Jan

1,100

11%

Jan

5%

2,000

5%

Jan

18%

18%

9,500

14%

Jan

Feb

18%

2.50

B

16%
18%

19%

1,600

17£

11%

11%

11%

1,400

•11%

*

Line

*

Sullivan

1

2.50

Ring Co

6
•

1414

1

%
12 %o

4%

15

7%

7

Burma

Corp Amer dep rets
Burry Biscuit Corp.

14%
%
4

1,300
300

14%
7

4,400

Feb

2

24%

?

12%

Jan

•

'

5% Mar

5% Mar

15%

Jan

Feb

,

Inc.-

—

Dennison

8%

—50c

—100

Detroit Gasket & Manufacturing-

2% Mar

14%

3%

36%

Jan

63A

Feb

x7%

Jan

)

IIS

100

1%

Jan

2%

Jan

i

x257k

Jan

28%

Feb

8%

Jan

i

13% Mar

»'

A

-I'—"

-

~7%

~7%

500

7%

Feb

13%

"

12%

13%

4,600

10%

Jan

*

'135

■

~

——

"

...

Feb

146

1

Jan

1

j

itr

1074

11

200

9%

Jan

11%

Feb

2

Products

Steel

Devoe &

Mar

200

lis

5

Mfg class A common.._

debenture -.A

Detroit

250

7

35

Dejay Stores common

i

34

•

1%

2

1,900

13A

Jan

2%

Jan

—10

22%

Jan

237k Mar

>

11

Jan

12

Feb

i

,

23%

231s

1,100

11%

100

1%

—

237k
11%

•

Raynolds class B

1%

100

17k

Feb

1%

Jan

13%

800

123A

Jan

14%

i

*

Jan

•

Ltd—

Co

American dep rets ord reg 4s

Feb
Feb

5% Mar
18% Mar
19% Mar

Jan

6s,'a

Feb

Jan

12%

Feb

Feb

.16%

Jan

Mar

9

Dobeckmun Co common

__1

Domestic Credit Coip class A.
Dominion

Steel

Dominion

Tar &

Dominion

Textile Co Ltd

Coal

&

B

Chemical Co

%

Jan

Jan

4%

Jan

17%

„

17%
-

»
„

-—10

72%
-

Jan

4

Jan

10

100
495

•

—

j

Feb

38%

Jan

167/8

Jan

18%

Jan

24 %

Feb

9%

I

Jan

23%

500

-

73%

10
X72
—

#

Duke Power Co

374
37

•

common

Co

4,700

'

■

•

Harris

4

3%

4.

*

—25
Ltd

Draper Corp
Driver

-

•

class

13

13%

..1

.

Bridge Co Ltd.

Dominion

Jan

Jan

22,000
4%

i

6%

-

10c

Dayton Rubber Co class A

2%

common..

Feb

21% Jan

58

'

Davidson-Brothers Inc

Jan

23%

400

■

D

Distillers
1

5%

15

2.50

Davenport Hosiery Mills
Day Mines

8

8%

11

—,

•

Inc common.

Feb

13%

class

3%

Jan

5%

common.......5

18%

32

__

—

Jan

5%

2,200

84% Mar

22%

6%

2%

900

6%

Feb

5%

5

800

6%

Jan

Jan

80

20%

2%

6

5%

Jan

7%

270

6%

10s

Jan

2%

Detroit Gray Iron Foundry

reg

Jan

1%

Jan

Jan

7%

84%

18%

£1

1

Jan

3

32 %

30% Mar

6%

2%

10

Jan

£2%

18%

•

2,500

5%

partic—1~*
25c

$6 preferred.—

Feb

51

18%

•

8,600

1 %

5

(Md)_

Drug Co common—™

86

775

1
-t*
!♦

common

31%

1

Jan

62%

♦

T

Jan

3

__

30%
-1

1

—6

52

60%

84%

31%

Feb

3%

4

—

44%

Ltd—

Creole Petroleum

5%

5%

&

Jan

7%

12%

2%

Hill

Jan

6%

17%

Jan

12%

Piston

39%

8,700

7%

Jan

5%

Burd

8,600

7%

7'A

11%

8

2014

Power

Co.-A.-

Power

Ltd

48'A

6%

17%

1,700

2%

Pipe

46%

7%

3

12%

11%

12%

Mills

Jan

48%

—

Crown Cent Petroleum

1

Bunker

Feb

5%

1

Crowley Milner & Co

cumulative junior preferred—10
Brown Rubber Co common
1

Buckeye

Feb

6%

*

15

4%

Bruck

...6%

Jan

1

Crosley Motors Inc

100

Brown Forman Distillers

Co

Jan
Jan

4%

common

Petroleum

Feb

Jan

•

(EL)

5%
4%

2,300

___1

preferred class A

Cosden

Jan

300

B

Bruce

100

7,400

5%

•

Jan

3%

Tobacco—

Columbia

5%

6%

oc

7%

200

•

dep rets ord bearer

Class

Jar.

5%

10

Inc

5%

7%

•

dep rets ord reg
Celanese Ltd—

British

Jan

4%

*

17%

84%

•

rets ord

8

14

6%

& Machine Co—I

Jan

34%

_4

Amer dep

Jan

Jan
Jan

6%

31

5%

•

Jan

7%

British-American Oil Co

Amer

Jan

27

14

'

__

Mining & Smelting Ltd—5

34%

25

Manufacturing Co

Amer

6%
;

1

Consolidated

6%

81%

j.

Class A

British

29

—

•

Consolidated Liquidating Corp

12 %

7%

—1

common

American

Jan

7'A

——100^
100

25

1

Brazilian Traction Light &
Breeze Corp common

British

Feb

17

7%

Pwr Bait com..•

2,100

8114

prior cumulative preferred.100

Gas

Jan

13%

Jan

7%

1
Lt &

17,500

•

Borne, Scrymser Co

Brillo

16%

Jan

16

25

7%

1

common

(S) & Co common
Bohack (H C) Co common

Bridgeport

Feb

12%

1

1%

1

Blumenthal

Bourjois Inc

xl5%

100

Feb

Cuban Tobacco common

514%

300
400

25

5%

1214

1

common

Ridge Corp

16%
13%
16%

2%

Co

4%

.

1

Birdsboro Steel
Fdry & Mach Co com.*
Blauner's common
3
Blue

15%
13%
16

1

15%

6%

15%

1

Inc

Co

Benson &

Jan

3%

Croft Brewing Co

Telephone of Canada common__25

Benrus

Jan

787k

Jan

—

—1

Inc

Beck (AS) Shoe
Corp
Bellanca Aircraft common.1
Bell

1%

Feb

Jan

Consolidated Gas Utilities

American

Pwr

Beau-Brummel Ties

Jan

Feb

Jan

•

series B preferred

Corroon

59 %

58

514

& Co

8%

%
65%

20

preferred series C_

5%

shares

Steel

Jan

1,300
13,700

*

30

Refractories

7%

1
70

1%

to 1956

Consol Gas Elec

Jan

Banco de los Andes—

Baumann (L)

500

13

Compo Shoe Machinery—

Feb

Locomotive—

Barium

8%

2%

Community Public Service

6%

5

7%

Basic

Feb

16%

—1

Manufacturing

Colt's

$1

&

10

1,300

Colonial Sand & Stone Co

Jan

B

Lt

Jan

13%

Development ordinary

Colon

Coro

Tr

7%

20,900

Cornucopia uold ivmico

Barcelona

600

9%
8%

Jan

3%

Cook Paint & Varnish Co

Co

Feb

2%

common

Continental Foundry

American

19

4

Colonial Airlines

4%%

200

a

Plow Co

Cockshutt

Jan

51

25

preferred
Baldwin Rubber

Jan

Jan

400

6

♦

Baldwin

17%

2%

Commodore Hotel Inc

11

0%

—

*

Co

325

3

Club Aluminum Products Co

115'A 115%

-

Inc

Wilcox

Jan

19

3

Clinchfield Coal Corp common

Automatic Voting Machine
Avery (B F) & Sons common

Babcock &

64%

Jan

4

21%

common

Jan

9%

2%

Clayton & Lambert Manufacturing

3 %

10%

.

Ayrshire Collieries Corp

11%

62

25

67%

__

1

5,000

50

preferred

High

Feb

450

___1

common

8,700

3%

*

Co

Products

Inc

Neon

Low

10

63%

18%
9%

69%

—1

Manufacturing Co

Clarostat

Jan

Rang© Since January 1

/

10

__

„

5
10

Homes
Co

Controller

112

2414

America

Corp warrants
Atlas Plywood Corp

6%

Jail

Shares

High

62

__

1

for Week

of Prices

.

Low

62%
18%

.

10

common

11/a

£1

reg

Atlas

Cities Service

Jan

i.l

Associated Tel & Tel class A
Atlantic Coast Fisheries

Atlantic Coast Line

Voting trust certificates
Consolidated Mining

Chief

6%

*

of

Chicago & Southern Air Lines

200

7

1

rets

Steel

500

Industries—

Laundries

Automatic

Jan

10%

4

2.50

Refining Co__

dep

4%

Chicago Rivet & Machine

11%

♦

preferred

Electric

Jan

Mar

133

•

non-voting

Aspinook (The) Corp
Associated

4%

500

110,, 1 9 4

—

10

&

Jan

,

__

10
4.
•
*.

Sales

Rang©

t

,

—5

common

Chesebrough Manufacturing com

•

preferred

conv

Jan

900

6%

100

common

Arkansas Power & Light
Aro Equipment Corp

$1.20

%

Cherrv-Burrell

1,000

3%

1

Ashland Oil

Feb

Par <

,

City Auto Stamping
12%

1

Argus Inc
Common class A

Feb

13

116%

Ova

7

—

£1

Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Natural

5 %

Ltd—

Co

rets ord reg

Angostura-Wupperman

Arkansas

Jan

650

xG

xG

3%

8,200

%

4%

6'/?

._

_

2,900

5%

Week's

Last

Sale Price

High

Low

133^

47k

4%

2

Products

Friday
STOCKS
New York Curb Exchange

Range Since January 1

High

5^

„

10c

series

Angerman Co Inc

Shares

Low

2

common

Amer

EXCHANGE

ENDED MARCH 3

tor Week

«I Prices

Sal© Price

WEEK

Monday, March 6, 1950

Sales

Week's'

Las*

Par

FINANCIAL CHRONICLE

CURB

YORK
RANGE

New York Curb Exchange

&

COMMERCIAL

Feb

10%

Feb

69

Jan

74

Feb

26

Feb

29

Jan

85

Jan

95%

Feb

'

5%

Feb

57k

Feb

•

i

j

95%

425

5%

57k

200

2%

27k

800

2%

Feb

27 k

Jan

i
;

12%

Feb

147 k

Jan

;

4%

4%

600

3%

Jan

4%

Jan

:

14%

3.100

13%

Feb

%

17,250

%

Feb

3%

1,900

3

400

67

65 3 4

92

)

Dunlop Rubber Co Ltd—
American

Duraloy
Durham

Hosiery class B

—£1

dep rets ord reg
(The) Co

2%

1

_

_

'

*

common

—

__

—

'

Duro

Test

1

Corp common.

4

14%

Duval

Sulphur & Potash Co
Warrants w i

Cable

Electric

Cables

Products

common—50c

American dep rets 5%

Calamba Sugar
California

Electric

Camden Fire

Ltd

Power

Insurance

Bread

Ltd

Class B

Feb

Co

6%

~7 %

—

_7%

200

Jan

8%

Jan

7%

Jan

8%

Jan

Feb

3%

Jan

Jan

73%

Feb

Feb

75

Feb

29

W)

"5%

~3% ~3%

14,700

18%

18%

50

8%

■

73%

8%

800

70

73%

113% 114
3%

2%8
17

Jan

3%

Feb

3%

3%

Jan

30%

Jan

19%

Jan

Jan

3

Jan

4

Jan

5%

217k

21%

23

2,300

18%

Jan

23

Feb

7 7'A

Jan

80

Feb

10

10%

1,400

87k

Jan

107k

1

__

*

_

Jan

3%

Jan

19

1874

19%

38,400

177k

Jan

1974

Jan

1

—

__

15%

15%

16%

700

11%

Jan

17

Feb

60

103%

pfd— .100

104% 105

Corp

common

1

Ltd

Corp

—

17k

17k

%

10

—

1,100

1%

15,200

44

57k

1

_

100

14%

13

43

__

1

_____

—

6

6

14%

1

$3 convertible preferred

Esquire Inc

Jan

5

10c

114%

Jan

3%

Jan

"4%

6%

100

5%

200

i'if

1%

16

2874

25

105%

Jan

Jan

x6%

Jan

147k Mar

Jan

.

,,

174

Jan

Jan

42

5%

7,100

i"a

16

Feb

Feb

57 k
12

X45

Jan

Jan

6

Jan
TJ

Jan

Jan

iV
15

16%

Feb

297k Mar

Jan

Jan

4

500

4

Feb

5%

Jan

23%

50

23

Feb

26'A

Jan

5%

5%

1,900

4%

Jan

7%

Jan

Fairchild

Camera &

Instrument

& Airplane J.
Metallurgical
Engine

85

330

81%

Jan

85

Feb

Fansteel

1

10

9%

10

500

8%

Feb

10%

Jan

Fire Association

94%

95

100

94

Jan

95

Jan

First York Corp common

20%

21%

2,200

14%

Jan

870

142%

Jan

100
10

20%
164
.

20%
7

158% 165

__2.50

10

common

?Q

22

Feb

165

Mar

20

21%

550

14%

Jan

21%

Feb

20

21%

1,000

14 %

Jan

21%

Feb

Feb

7%

Jan

7

7

100

2
1

America




Jan

Equity

73% Mar

Jan

Feb

7

3%

10

common

oasre

67%

—5

84%

series—-100

preference

«ee

Jan

Feb

Empire District Electric 5%

.Fairchild

Conv pfd opt div series 1929
Century Electric Co common
Century Investors Inc

Corp

75

62%

Empire Millwork Corp
Emsco Derrick & Equipment

85

100

For footnotes

Feb

75

Jan

5%

preferred

of

70%

1

Jan

23%

4

Central Power & Light A.% pfd
100
SCentral States Elec 6% preferred__100

Co

25

66

1

Eureka Pipe Line common

10

Central Ohio Steel Products

Chamberlin

Electrographic Corp common.

71 %

63

9

63

2,900

71%

3'A

113

3-%

66

Feb

150

3 %

•

beneficial int

100

Cessna Aircraft Co

•

shares of beneficial Int.

Common

3%

•

_

Jan

475

3,300

common

preferred

Convertible

Corp

$5 pfd shares of

1,000

25

—

8%

£

common

div

6874

2s 6d

& Co

opt

71

6574

series A
series B
Sugar Associates—

Eureka

preferred

3
70

687k

3

--

Light $5 pfd
Biscuit Co

Co

3

71

Electric Eond & Share common..

Ltd—

(J

States

•

common.

Easy Washing Machine class B

100
...

&

Assn

prior preferred

preferred

Eastern

common

Power

4%%

100

100

Eastern Gas & Fuel

$7 preferred
$6 preferred

Catalin Corp of America
Central Maine Power Co—

Charis

Jan
Jan

Eastern

2.50

Products

Conv

23%

Ltd—

Co

Castle (A M)

1%

Jan

Alcohol—

dep rets A ord
dep rets B ord

3.50%

9

common

non-voting

&

Carreras

Casco

Jan

7%

Carr-Consolidated

Carter

1,200
22 %

Capital City Products common;
Carey Baxter & Kennedy Inc

Amer

8%

Eastern Malleable Iron

preferred

Amer

8%

common

Canadian Marconi

Carolina

7%

voting

Canadian Industries

Carnation

Jan

preferred

Industrial

A

8,600

20

Canners

Canadian

Carman

Feb

Feb

6%

Ltd

Co

Convertible
Class

1%

Jan

5%

6

!

preference

Canadian

1%

Jan

6%
8%

Corp

Canada Cement Co Ltd

1%

preferred—£

Estate

Calgary & Edmonton

6%%

Jan

Jan

Jan

%

%

17

Wireless—

&

Canada

4%

Jan

1%

1,300

374

4%

4%

14

5c to $1

Ford

cumulative

(M H)

Co

Jan

3%

Jan

4%

Jan

6%

Feb

7%

Jan

Jan

9%

Feb

100

9%

450

8%

12%

Jan

65

64%

65%

350

X61 %

Feb

76

,1

Jan

27k

Jan

3%

Jan

3274

Feb

21

Feb

Ford

6%

Feb

2%

31%

31 %

32

-.1

20%

1974

20%

200

16%

Feb

3%

374

1,200

37k

Feb

5%

Jan

21

Jan

26%

Feb

22%

Jan

28

%

Feb

Ford Motor of France—

2,700

Jan

preferred. —1

non-voting
Class B voting

4%

Jan

10%

3

2,200
150

31% Mar

*

Feb

6%

Jan

4%

3,700

Ltd—

3%

6%

2274

32,100

1174

27 k

deposit rets ord reg____ _£1

38 %

6%

9,800

6%

107k

6

Co—

Jan

4%

29.7 k

5%

11%

28%

1
8

10c

Stores

Motor

American

1

~10

(Phila)

Feb

37
4

9

$2 dividend
Fishman

.

Motor of Canada—

Class

A

American deposit receipts bearer

•

23%

23%

1,300

•
-7
54

k

13,700

•H ^n

;

Volume

Number 4887

171

THE

COMMERCIAL

NEW

YORK
RANGE

Friday
STOCKS
£
■

Port Pitt Brewing Co
Fox

Fuller

(Geo A)

Shares

Low
17

MARCH

Friday

8,300

11%

Jan

18

9%

Jan

11 %
7%

.

Jan

29%

5

12

%

Feb

32

10

350

12%

Jan

12% Mar

7,100

Feb

Kings County Lighting common
4% cumulative preferred
King Seeley Corp
Kingston Products
Kirby Petroleum

Mar

Knott
Power

Co

common.:

16%

16

16%

1,300

1

5%

5%

5%

300

Alloys Co
*
General Builders
Supply Corp com—1

IV:

lVa

1%

3%

3%

3%

5 7c

preferred

Gellman

common

:

General

5%

100

r

Mfg Co

—.

convertible

General

preferred

dep rets

ord

General

Fireproofing

General

Outdoor

common

Adv

6%

General

Public

Georgia

Service

Power $6

$6

3%

Jan

3%

Feb

23%

1

6

107%

Jan
Jan

10

100

Feb

4% Feb
100% Feb

25

114

Jan

115%

Co

107%

Feb

107%

Feb

2,900

3%

Jan

4%

5%

1,500

Class

14%

200

14

Jan

14%

Feb

11,600

15%

Feb

17V4

Jan

900

11%

Feb

13

Jan

11

Jan

15

Feb

—:

15

14 %

2

1%

2%

42%

42%

25

25

350

79

79

30

..

'

•

25

•

Consolidated Mines

..
.

1

Goodman Manufacturing Co
Gorham Inc class A

%

Rapids Varnish

__

6,800

1%

25

%

.

..

41%

15%

12%

16%

—

•

143

10%

100

Paper

45
28

25c

Gulf States Utilities $4.40

100

Gypsum Lime &

2

pfd_;

'

11,800

9

200

128%

Jan

180

130

Alabastine

44

30%.
10%

__

•

__

Lamp Co

Hamilton

5

Bridge

Hammermill

Hartford

Co Ltd

Paper

Electric

common

12%
'

1

Harvard Brewing Co

1

Hathaway

Bakeries Inc
Corp

Hazeltine
Hearn

Dept Stores

Hecla

1

5

Mining Co

111% Jan

5 % 7c

*

4%

preferred

preferred

(R)

&

Hollinger

w

i

Co class

__'
G

Horder's

Inc

Hurd Lock

&
&

Jan

400

10%

Jan

16

Jan

common

8

3,800

6"%

Jan

1,100

10%

Feb
Jan

15

12%

Feb

Jan

12%' Feb

10

96%

Jan

101

/.

9

Va

20

82%

1

30fl

9

Feb

9%

45%

Jan

48%

Jan

3,800

8%

Jan

9%

Jan

3()0

33 %

100

50

33%

525

20

800

82%

4 Va

11%

2%

2%
31

Jan

3%

Jan

Jan

34

Jan

Feb

13%

Jan

Jan

160%

46

Feb

3,100

4i%

Jan

167

Feb

32%

Feb

34

Jan

Jan

110%

Jan

18%

Jan

20

Jan

86

Jan

2

14

8()0

2 Va

15

4

Feb
Jan

51

Feb

8%

Jan

14

Feb

•

preferred

common

•

4%

Jan

10
Co

common—:

Chemical

of

deposit

7%:.

;

3%

Jan

Jan

18%

Jan

1
oc

»
*

18%

Ireland

18%

pfd

7,900

18%

Jan

20

18%

1,400

18%

Jan

20

Jan

1,300

11%

Feb

13

Feb

8%

100

Insurance Co of North America..

lo

International

Preferred

A

♦

Public

com

Service

4.90%

Light

Air

w

McCord

Corp

McKee

(A G)

McWilliams

•

Mead Johnson &

Menasco

Mfg

11

%

%

lb

xl%
29%

30%

4,100

*

23%

23%

23%

95

95

13%
6%

100

.___

Manufacturing

v

t c_

*

Chute

Jan
Jan

200

1%
30%

7%

7%

2

2,100

3,600

1

Italian Superpower Corp com class A__*

1

-

%

Jan

%

Jan

10

Jan

Jan

8%

Jan

8%

Jan

12

Feb

IV2

29% Mar

Feb

%
2

95

14%

600

13%

Feb

16%

Jan

7%

1,100

5 Va

Jan

7%

Feb

1%

Jan

Jan

Jim

Brown

Stores

1

(N J)

Co

common

Julian

&

Kokenge Co

1

Kansas Gas

& Electric 77o

pfd_

Kennedy's Inc
Key Co common
Kidde

(Walter)

&

5

;

•

Co

6%

5

17
.

12%

For

footnotes

100
see

page

29.




—

35

~

Jan

2%

38%

Feb

2%

'

Jan

Jan

~6V»

"G%

600

6 Va

Feb

7%

Jan

20%

21%

1,400

18%

Jan

21%

Jan

3%

21

3%

200

3%

Jan

4'4

Jan

6%

Jan

1 %

4,000

1 Va

Jan

23%

300

17%
39%

-

1%

m

1%

i'i

'

'

_—

,

Jan

Jan

23%

Feb

Jan

43

Feb

Jan

31

Jan

7

■

1%

30

23 Va

Jan

7%

7%

16Va

16%

7% Feb

16%

4,300

13%

Jan

2 '/it

16,000

1%

<

Jan

2

2

700

7%

Jan

17

Feb

2>/a

Feb

5

100

5

108% 108 "4

100
•:

4%

Jan

5%

104% Mar

108 %

Feb

6%

Jan

„

(7s-

Jan

Jan

Jan

8%

Jan

1%

1%

300

1

Feb

1%

Jan

7%

7%

7%

1,100

7

Feb

8%

Jan

7%

7%

1,400

7%

Feb

8%

Feb

9%

Jan

6%

15

West

Midland

Oil

Midland

Corp

Steel

1
1

common

conv

"9

%

8%

9 %

2,000

2%

5

common..

Corp $1

6%

7%

•

10

Micromatic Hone Corp
Middle States Petroleum
Middle

53
500

2.50

preferred

2U

2%

37,000

8%

Co

Mid-West
Midwest

•

Abrasive

10

24

Co

15%

Jan

13

5,150

Jan

3%
20

20

1

20 %

24%
2%

•

1%

5%
30%

10%

Jan

Jan

21

Jan

Jan

25

Feb

1%

Feb

3,700

5%

6

Jan

4

23%

250

~2%

50

Feb

17%

20

1,100

24%

1

'26

Jan

2%

Jan

600

5%

Feb

6%

Jan

30%

100

30%

Feb

32%

Jan

10%

11%

1,100

*

37%

37%

100

1

Service

7%

7%

1,000

7%

Feb

7%

Jan

1

Molybdenum Corp
common

2%

2%

2,300

2%

Feb

3%

Jan

Producers

101

99% 101

Tel

&

Tel

182%

Feb

Feb

37%

Feb

99

Feb

105

Feb

107%

1,400

2%

Jan

3%

181% 183

110

176%

Jan

183

Feb

34%

Jan

38

Jan

2%
35

Feb

6%

6%

2,20()

Jan

6%

Feb

13%

13%

1,600

13% Mar

15%

Jan

34%. 35%
100
1()1

1,550

31 Va

Jan

35% Mar

97

Feb

6 %

5

120

104

Jan

24

•

36%

2.50

8%

10
50c

Jan

100

5

common.—

Jan

35%

13%
35%

100

Verncn-Woodbury Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee Co common..

11%

104%

Feb

102%

•

Mt

300

Jan

Jan

34

3

~2%

10
common

10%
101

pfd—100

common

Monongahela Power Co—
4.40% cumulative preferred
100
4.80% cumulative pfd series B
100
Monroe Loan Society com class A
1
Montgomery Ward & Co class A
•
Moody Investors participation pfd
*
Morris Plan Corp of America
10c

Company

14%

50c

common

convertible preferred

States

15%

•

Mining Corp of Canada,

Muter

2%' Jan

10%. Jan

50c

Co

Wohl

4%%

Jan
Jan

2ft

Products—

common

Oil

Feb

Mar

10

preferred..*

$2 non-cumulative dividend shares—*
Midvale

Mar

36%

8%

Jan

25%

32%

100

Jan

36% Mar

200

8%

Jan

8%

Jan

Jan

12%

13

11%

12%

13%

13%

200

4%

4%

300

Jan

4%

Feb

3%

12

3%

5,700

3%

Feb

4

Jan

29%

Jan

300

12 %

Feb

13%

Jan

3,200

10%

Jan

12%

Feb

Jan

13%

N
Nachman Corp
Namm's Inc common
National

Bellas

Hess

*

3%

Jan

National

Rubber

Jan

19%

Feb

National

4%

Jan
Feb

Feb

New

15%

Jan

17%

Jan

New

50

liy2

Jan

13

Jan

100

9%

Jan

12%

Jan

13

Jan

7%

Feb

Nestle

105

Feb

Le

Machinery

New

New

Mexico
Park

Radio

Co

Jan

8%

9

Jan

13%

100

10 Va

Jan

14

Jan

9%

900

8%

Jan

11

8 Va

Feb

9%

6%

Jan

7%

——

700

«...

7

10

7%

900

3%

4%

2,500

7% Mar

17%

3%
4

3%

4%

14,100

5

34

29%

34%

3,80()

1

6%

6%

6%

100

94%

93%

Jan

2%

Jan

2%

Jan

24 %

Jan

18

Tel
Watch

Co

4%

Feb

34% Mar

Arizona

Mining Co
common

Land

300

5%

94%

330

92%

1

1

1 %

2,300

1

Jan

1%

20

4

4

4

100

4

Jan

5

53

>

1

8%

1

1%

•

52%
7%
1%

76%

54%

5,000

8%

2,500

1%

900

76%

25

Feb

52 % Mar

7%

Feb

1%

Feb

6^

an

Jan
Jan
Feb

1

Jan

Jan

Jan

4%

—25

&

Feb

12% Mar

7%

30c

common

32 Va

1

r~4 O

9%

*

Tel

Co

i

Jan

13%

1

Clock &

&

8%

4

2

Ltd—

Jersey Zinc

Process

22,50()

common

4%% convertible preferred
New

950

12%

4

Co

Car

Mur

England
Haven

31%

12

13

1

Cooker common

Neptune Meter common

100

31%

12%

1

Fabrics

Mallinson

Union

31%

*

Mfg & Stores common

Steel

'•

3%

25

Jan

117

1

Gas

3%

National

13%

1
common

preferred

400

Jar.

10

National Breweries common

3%

Feb

V

—

Jan

Radiator

Mar

Jan

7

National

11

Feb

15% Mar

14%

55

Jan

103%

9%

Jan
Jan

Jan

3%

500

8Va
14

13% Mar

Jan

Jan

11%

Jan

6%

3%

11

Jan

14%

6%

New

preferred

30% Mar

Mar

13

6%

100

11 %

700

1

3%

11%

13%

125% Mar
113

Michigan Bumper Corp
Michigan Steel Tube.
Michigan Sugar Co common

National Pressure

Kimberly-Clark Corp—
4 % 7c

13

Jan

8

8% Mar

12%

Feb

106

Jan

5%

12%

Jan

111%

5%

Jan

64,300

26%

50

1,500

Jan

-

10,400

8

6%

6%

3,250

30%

6%

3%

17

125%

Jan

600

6 %

Mar

5%

7,300

17

Mar

112% 112%

%

Feb

14
142

7 %

xll4%

•

1%

Feb
Jan

121

25c

8Va

TOO
;

121
x29

Jan

13%

9 % Mar

Corp common
Participating preferred

National

Kawneer Co

%

23,100
2,150

'2

30

Feb

Jan

Scott Corp—

Metal Textile

17%

;—1

Jan

8%

80,800

125%
112%

1

K
Corp

26%

3,000

National Transit

Kaiser-Frazer

Feb

5%

4%

♦

Jan

24

5%.

3%

•

1 Va
14

5

3%

1

Preference

27%

5%

7%

8%

26%

1

3%

1

ill
13%

136% 142

•

A preferred

National
common

Lake Sulphur Co

1

23% Mar

Jan

1

27

Jan
Jan

Jan

23% Mar

100

Feb

26'4

..Feb

92%

1 Ye

27

Jan

30% Mar

10

1

8%

3

Mesabi Iron Co

7%

Jefferson

1,300

Warrants
6% %

National Fuel

Jeanette Glass Co

9%

1

Co.

Merritt Chapman &

82% Mar

11

4,700

•

Jan

700

25%

10

& Co class B

75%

400

24

9

1

Dredging

CO CM

2,100

24%

*

Jan

7%

50

50

•

common

15%

7%

Feb

27

26%

£1

$2.50 preferred

Mountain States Power

11%

Jan

27

10

Mountain

7%

12 Va

•

common

Jan

1

d_.__.___

•

McAleer Mfg Co common
5% convertible preferred
McClanahan Oil Co common

Mar

Co—

preferred

Fireman

Irving

com

1

Shovel

Massey Harris

102

*

wd

100

(The B) Co
Mapes Consolidated Mfg Co
Marconi
International Marine

113

7%

Jan

26%

14

Manischewitz

Jan

11%

♦
.

&

7%

10%

100

Jan

7%

400

300

Jan

11%

11%

1,600

14

1,300

29% Mar

9%

103

<*

Feb

13%

300

<01

28

15%

CO iH

82 V8

150

8%

1,200

*

Royalty

Illinois G & E
Power

Iron

98%

29%

13%

15

10

1.

International Safety Razor B

Iowa

200

Feb

18%

14%

108

*

Registered shares

Iowa

102'

Jan

15%

Jan

—

142

Co

14%

_.

50

Industries

International Products

Iowa

101
106

Jan

14%

Jan

15%

13%

Mountain

series

Metal

International Petroleum coupon shs

Investors

102

106%.

•

Hydro-Electric—

$3.50

International

Machinery

Jan

12

£1

Cigar

Jan

3%

11%

--

Imperial Tobacco of Great Britain &

Indianapolis Pwr & Light 47c

10

18%

18%'

5

Feb

13

2,300

15'/.j

Monogram Pictures

Imperial Tobacco of Canada

Inernational

Feb

12 Va

2,100

11%

11%

100

common

Missouri Public

Jan

700

15%

18%

1

Service

Miller

Jan

14%

3%

13 %

14'4
17%

10

Public

Jan

3%

300

7%

Feb

M

17%

300

600

Jan

9%

Feb

100

3'4

8 Va

7 V*

5

14

15 Va

15%

7%

Mar

2

Jan

15 V4

■v

6

Lynch Corp

2%

£1

Jan

100

6

6Va

29 %

*

Feb

3V4

*

receipts registered
Imperial Oil (Canada) coupon
Registered

22%

12%

18'4

•

wi

2

"

Industries—

American dep

7%

Jan

—

1

77o preferred A ctfs of deposit
6% preferred B ctfs of deposit
Louisiana Land & Exploration
Louisiana Power <fc Light $6 pfd

Minnesota Power & Light 5%

Imperial

Jan

20

26%

certificates

common

Jan

900

1,000

Long Island Lighting Co—
Common

8 %

6 Vis Mar

7%

6

•

_5

Lone Star Gas Co (Texas)
Longines-Wittnauer Watch

New

2,700

Jan

•

Locke Steel Chain

1,000

I
Illinois Zinc Co

6%

Mar

21%

6

25

Midwest Piping & Supply common
Mid-West Refineries

'

15%

Inc

Loblaw Groceterias class A
Class B

Mar

81

400

'

*

Lit Brothers

Jan

100

9%

167

33

19%

14

Corp

Lipton (Thos J) Inc 6%

-

48%

5

...

.'76% Feb

3 Va

'.,-i 81

4%.

1

1

v

Mar

108%

,

Food Products

Jan

10*

47%

166
,

1

6%

Feb

5

12 Va

7

1

(R G)

common

12%. Jan

11%

100

4?

33%

1

preferred
Hydro-Electric Securities

Jan

13

150
300

3

»

warrants

Jan

14

»

stock

8% Jan
11%

12%

11%

5

common

Feb

Feb

12%

33%

5

Refining

11

20%
"

--

;*■

Lefcourt Realty common

Jan

2%

100

convertible

Hygrade

2%

Jan

x9 Va

*■

...

Manufacturing Co

Common

Huyler's

Jan

1%

3

15

Refrigerator $2.25 pfd

Hussman

1st

Inc

1%

47

'

9'V

--

_

(Harvey)

Humble Oil

1,800

'

-4

•

(Geo A) & Co
Horn & Hardart Baking Co
Horn & Hardart common..
Hubbell

Feb

*

;

preferred

'50%

_9

'

~

■

____1

.

Horrnel

5 7c

Jan

74

5

Holly Stores Inc
Holophane Co common.

Jan

Feb

101

'

lo

M

16

14 %

12%

101

__1

A

Consolidated

Jan

47%

100

common

Jan

11%

14

12%:

100

w

w

Henry Holt & Co
Hoe

w

6%

Jan

12%

•Jl'

2

■

Feb

100

11 Va

Jan

20

5

_

Lionel

Jan

250

11-

—

Class A
Heller Co common

University

Le Tourneau

109%

%'

7%

11 Va

*

7

5

Mangel Stores

15

7%'

25c

Helena Rubinstein common

5

Extension

Maine

900

14%

Jan

Monotype Machine

Feb

19%

12%

Corp of Delaware

Salle

Feb

10%

200

Lamson
La

10%

800 "

14%

Lanston

31%

18%

18%

Jan

Jan

2%

Feb

Jan

5

14%

6%

Jan

10%

*

common

Jan

300

1

9

400

2%

Lakey Foundry & Machine

26%

2

2%

16

Feb

100

20

2%

4%

,200

2

Feb

Jan

10%

ln%

1%

Feb

9%

1ft

Jan

600

30%

2

32%

23 Va

2,800

Macklntosh-Hemphill Co

50 %

*-

'

Jan

800

5

Marion Power

1%

600

9 Va

11

Feb

15%

.

Jan

13%

5

Communication Co Ltd

-

13 %

Feb

49

_

_

49 Va

32%

9

"2%

Feb

137

......

•

25

Jan

Feb

Jan

145

10%

5

Light

10

12%

__

31

9%

17 Va Mar

Jan
Feb

4%

44%

5%

■,

Jan

1ft
9-%

10%

Jan

»

Hartford Rayon common

33%c

40%

5%

11%

Feb

H
Hall

l,20u

1

700

111% 111%

__

Feb

7

Feb

:•

Jan

16% Mar

Jan

10

Feb

6
65

-

Jan

823

Jan

45

Jan
.Jan

6%

JUn

%

Feb

61% Jan

'l35y«.13G%

30%

.

Jan

200

42%

30,200

1%

Feb

4%

Mar

10%

..

17 Va

U

3%

2%

10%

Jan

79

141% 143%

.136%

25

Jan

Jan

%

200

7,7

2%

Mar

1,500

64

Jan

.Jan

4%

64

5

preferred

Feb

25

Pacific Tea—

Griesedieck Western Brewery
Grocery Stores Products common

19%

74

;

...

64

1

common stock

Northern

%

.

2,900

45

*

Gorham Manufacturing common
10
Graham-Paige Motors 57o conv pfd__25

Great Atlantic &

15

50

Gray Manufacturing Co

Jan

Jan

15%
16%
11% xl2%

.

5%

—

*

prior preferred

Feb

17

1

B

$4.50

5%

200

5

Inc.—

14'/a

Feb

Jan

800

16%

Feb

22%

1

Jan

...

1

(Adolf) Inc common
Godchaux Sugars class A

3%

Jan

—1

Jan

20

3%

14%

:

—

3%

10

Lake Shore Mines Ltd

Feb

4%
2%

18%

3%

31

Jan

21

400

42

.

Laclede-Christy Company
L'Aiglon Apparel Inc

Jan

6%

3,600

16

Gobel

1st

Feb

*

Glenmore Distilleries class B__.

Non-voting

100%

2,900

18

^.25

Feb

5%

--

*

_

& Co

Feb

x49%

3%

*

Alden Coal

Jan

8%

4Vb

107% 107V2

22%

1

8%

Jan

Feb

7%

Jan

115% 115 %

3%

1

7%

Jan

41%

.100

__

2

Feb
Jan

10

__

1

6%
6%

6%

4
100

..

22 Va

1

High

Jan

Feb.

1,000

104

6

4%
...

»

300

1,500

49%

7

38'/a

Jan

8

47%

*

Gladding McBean

Great

1,500

1,200

Jan

7'A

104

50c

preferred

Gilchrist Co

77c

Jan

2

7%

.7

48%

preferred..*

Giant Yellowknife Gold Mines
Gilbert (A C) common

Grand

6%

Low

8 Va

•

Kreuger Brewing Co
Kropp (The) Forge Co

Jan

Iligh

7%

•

.

Range Since January 1

—

1

Kobacker Stores

Feb

1%

—.

pfd—.100

$5 preferred

Goldfield

7 Va
—

♦

Gerlty-Mich Corp

Union

7%

__

1
10

General Phoenix Corp
General Plywood Corp common

Globe

Jan

93%

Low

1

1

16%

500

Shares

1

common

Jan

Jan

23

£1

reg

Finance

Corp

Jan

4%

-

.

..25

Corp common
preferred series A

Glen

15%
91

•

__

Electric Co Ltd—

Amer

General
57c

'

for Week

•

Kirkland Lake G M Co Ltd..,
(D Emil) Co common
Kleinert (I B) Rubber Co

G

Sales

Range
of Prices

60

Klein

Gatineau

Week's

Last

Sale Frice

Exchange
Par

Jan

Jan

700

32

31
11%

New York Curb

High

7%

10

1

50

27

8

STOCKS
Low

17%

9%

(971)

EXCHANGE

ENDED

Range Since January 1

•«(

High

16 %

1.25

!

Co

CURB
WEEK

CHRONICLE

for Week

1

(Peter) Brewing—__.

Franklin Sifnon & Co Inc common
4% %
convertible preferred

FOR

FINANCIAL

Sales

Range
of Prices

Par

-

v

Week's

Last

Sale Price

-

New York Curb Exchange

&

6%
97

59

9%
1%

f6 %

Feb
Jan
Feb
Feb

Jan
Jan

Jan

Feb

*

(Q n(\\

oc

28

(972)

FOR

RANGE

EXCHANGE

CURB

YORK

NEW

WEEK

Monday, March 6, 1950

CHRONICLE

COMMERCIAL & FINANCIAL

THE

3

ENDED MARCH

for Week

of Prices

Shares

Par

•

■

Low

•

Honduras Rosario

10

11

&

Co

New

Yoi4c

New

York Merchandise

New

York Shipbuilding

—

30%
10%

Niagara Share

29%

Jan

31

Feb

13

Jan

St

5

Corp common

__

200

17%

Jan

13%

Jan

49,300

15 Vs

Jan

17%

Feb

Salt Dome

.

900

12 Va

Jan

15V4

Jan

Samson

1,300

9%

Jan

10%

Feb

Savoy Oil Inc

Jan

20%

Feb

Sayre &

%

Jan

lj^

Jan

Schulte

10%

10%

•

—

10%

-

-

convertible preferred

1st

•'

Oil Co
United Corp common

1

Northeast Airlines
North

Pub

Ind

,

____50
4 %%

Serv

__

—

201)

47%
2%

48
2%
11%
3%

2,000

43%

Jan

43

2%

Jan

3

Jan

7%
16%

17

Steel

Co

Feb

12%

Jan

Seeman

Jan

3%

Jan

Segal Lock &

40

84%

Jan

93%

Feb

'

40

101

7%
17

500

101% Mar

Mar

6%

9,800

16%

Feb

7%

Jan

Jan

18%

Feb

1

Hardware

Ohio

4% %

Power

42 Vs

4,000

43%

1,226

34%

1

Jan

1%

Jan
Jan

45

41%. Jan

290

113% 114

—100

preferred

1%

111%

Feb

114%

Feb

2,800

34%

Jan

37%

Jan

13

13;

300

11%

Jan

13%

Jan

—1

17

17

ICO

17

Jan

18

Feb

O'okiep Copper Co Ltd Arner shares—
Securities
—1

18

18 Vs

300

17%

Jan

13%

Feb

10%

10%

100

9%

Jan

11

Feb

13

United Filters class B_——•

Oliver

Inc

Omar

35%

—15

Oklahoma Natural Gas

_—

„

Overseas

36

>

Serrick

Leather

Seton

common

of

Ltd—

Breweries

Jan

1%

2,300

Feb

1%

2%

4,000

1%

Feb

2% Mar

3%

1,500

2%

Jan

3%

Feb

2%

21,900

2 Vs

Feb

2%

Jan

27%

1,500

25 %

Jan

28%

Feb

14%

1,800

15%

Jan

13%

Jan

1%

200

1%

Jan

16%

600

15%

Jan

1%

1%

3,600

1%

Feb

1%

Jan

13%

14%

150

13 Vs

Jan

14%

Jan

3%

3%

7,200

24

24%

900

87

89

550

3 %

4

%

4%

C%

7%

7%

-

1

1%

Feb

17

Jan

Jan

3%

22% Jan
84% Jan

25%

Jan

89

Feb

Jan

91

1,000

3%

Jan

4%

Feb

3,900

3%

Jan

9

Vs

Feb

3,500

Feb

Feb

%

20%

Jan

Feb

Feb

Feb

3%

Jan

20 %

Feb

22%

Jan

20%

Jan

2,600

65

1,900

-

23%

130

107%

16%

16%

100

~3%

~4%

2,600

30

30

Jan

69%

62% Mar

108 %

108

1

2%

21%

62%

10%

900

21

21

62%

12%

Jan

500

3 Vs

—

21
21%.

Jan

10
3

Jan

11%

Jan

1C9%

Feb

Jan

19%

Jan

15%

Jan

17

Feb

18%

4V»

Silex Co common

Jan

18%

..

*
*
*

Canada
Corp of America class A

Sick's

IV

Feb

1%

--

*
5
*
-1
2o
100

Sheller Mfg Co

Shoe

Jan

1

common

4% preferred
Sherwin-Williams

8%

1

Denn

Sherwin-Williams

Feb

88 %

1

Mining
Shawinigan Water & Power

Shattuck

6'Is

14 Vs

3 -4
24 n

}

Safety Control
Corp class B

Sentry
1

10,000

-

Sentinel Radio Corp common

0

29% Mar

7%

16%

4 /®

25

Inc—

B)

(R

13%

Jan

2%

--

prior stock

$5.50

Jan

23%

26%

1°1/8
1 '■*

i
-5

stock

Convertible

10%

6,400

1%

I?.4
.

8,100

3%

2/ n

1

Selby Shoe Co
Selected Industries Inc common

Semler

1%

26% Mar

2,600

13%

29%

lVs

2,4
*/*

20

Allotment certificates

Ogden Corp common.————50c
Ohio Brass Co class B common
*

26Vs Mar

26%

6%

--

common

Corp General
Bros Inc

Securities

2%

11

High

12%

-1

<D

2,300

100

--J

Fisher Brick Co
A) Inc common
Manufacturing

Scullin

Mar

100

7%

-•—1
.*

Northrop Aircraft Inc.—
Novaael-Agene Corp

jg

11%
3%
92% 93
101
101%

—

pfd—100

RR Co

Penn

Northern

__

5

Central Texas Oil

North

47%

Utility Securities

American

%

—

preferred—50
*

North American Rayon $3
North

—

——5

Mines

Low

28 %

29 /«
' /a

2oc
1

(Del)--—

Scovill

5

Nineteen Hundred Corp common

Nipissing

-1
49
j

Corp Ltd common

Lawrence

26 %

26 A

wd

Joseph Light & Power

17%

17%

Range Since January 1

High

Feb

10%

17% 17%
xl2% xl3%

17%

17%

Niles-Bement-Pond

150

14%

1

Low

S

St

shares

Founders

Shares

Par

Corp—

Niagara Hudson Power common——1

for Week

Jan

7%

1,400

30%
11

Range

of Trices

High

Feb

7

300

Curb Exchange

New York

Range Since January 1
Low

7

30 %

10

Auction

Last

Sale Price

STOCKS

High

7

common

York

New

Range

Sale Price

New York Curb Exchange
■

...

Week's

Last

Sales

Week's

Friday

Friday
STOCKS

Sales

Jan

18%

Feb

3%

Feb

4% Mar

Simmons-Boardman Publications—

•

$3 convertible preferred

Pacific

Can

Co

5%%

7%

Jan

9%

Feb

36%

36%

36%

1,600

34%

Jan

36%

Feb

33%

33%

33%

300

31%

Jan

33% Mar

29 %

Jan

29%

Jan

28%

28%

500

28%

Jan

291/4

Feb

28%

29

900

28

Jan

29%

Feb

325

103

Jan

106 Va

98%

Jan

104

& an

15

Feb

15%

Jan

§Solar

*
•

1st preferred.

24%

Feb

25

Jan

Sonotone

39 Va

Jan

41%

Jan

Soss

2%

Feb

3

Jan

South

Coast

7Vs

Jan

South

Penn

Feb

Southwest

27%

Jan

Southern

12

Jan

5%

57

Jan

4.88%

Feb

4.56%

25
28%

25

Pacific
Pacific

Public

104% 104%

Lighting $4.50 preferred...—*
Power & Light 5%
pfd
100

Pacific

$1.30

Service

common

preferred

1st

Page-Hersey

Tubes

(C A)

Oil

Pancoastal

common

...

v t c

Patican

5%

29,500

5%

Feb

300

16%

Feb

x22 %

Feb

10%

Feb

53

Jan

17

16%

17

25%

24 Vs

26

1
•

10%

10 %

11

2

Ltd.

Co

30,100

1

.

Plymouth -Mills—

Patchogue

2%

5

Co

Parkersburg Rig & Reel
.

5%

5%

Paramount Motors Corp.

Pen

2%

2%

■"'"Panatapec Oil (C At Amer shares..
:Parker

Telephone common
cumulative preferred

$1

cumulative

$1.32

4%

1,250
500
'

"

■
•

4%

3%

800

4%

17

•

>■

4V2

Feb

25

Penn

Traffic

Penn Water

Pharis

Tire

Rubber

&

•

2%

2%

300
150

4%

36%

4%

•

Phillips Packing Co

•

37%

convertible preference

56'%

12

12

%
19

19

4%

5%

Feb

Jan

29%

Jan

Pipe Line
Southland
Royalty

Jan-

11%

Jan

Speed Queen Corp conv class A

Feb

2%

Jan

Spencer

Feb

109%

1

17

17

Piper Aircraft Corp common...

1

5V4

401%

Jan

Stahl-Meyer Inc
Standard Brewing Co

Jan

3%

Jan

Standard Cap & Seal common

53%

Jan

59%

Feb

11

Jan

12

%

2
50

...

5

common

Jan

Feb

Standard

6

Jan

Standard

19

Jan

4%

Jan

Mar

%
20

Jan

17

200

Jan

Standard

reo

2va

Jan

Standard-Thomson

16%

15%

2,500

14%

•Tan

16%

Feb

Standard

16%

Mining Co

6%

Corp
1st

of Canada

Prentice-Hall
Pressed

Inc

Metals

Public

Service

of

$5 prior preferred

(The)

14%

Stinnes

Co

(Hugo)

Jan

11% Mar

13%

4,500

11%

j an

13 % Mar

Sun

1%

11,100

1%

Jan

Mar

32%

Feb

35

Jan

Feb

17%

Jan

Feb

7%
200

9%

Jan

>

Jan

3%

Jan

3%

Jan

4%

Jan

%

Jan

1 Va

Feb

10%

11%

3,700

9%

Jan

12%

22

350

19%

Jan

22

3

200

2%

Feb

3%

3

17%

450

Feb

Feb
Jan

Feb

18%

Feb

Jan

10%

Jan

Jan

36 %

Jan

169%

Feb

240

162% 165

163

17%
9

34%

155

Feb

6%

6%

200

Jan

7%

4%

4%

7,900

4% Feb

5%

Jan

2%

2%

3,900

2%

Feb

3

Jan

5 %

6%

8.800

4%

Jan

6% Mar

Jan

92%

23

Feb

25

Jan

11 %

11%

400

11 Vs

Jan

12%

Jan

200

7%

Feb

8%

Jan

4%
6%

..

8

7%

5%

1
1

4%

8

17%

18

100

M.

•Id

*

1 Vs

Jan

8,500

3%

Jan

5%

Jan

425

5%

14%

Jan

18 %

18

2%

Jan

.3%

Jan

16 "A

16%

200

16%

Feb

19%

Jan

14%

14%

250

13

Jan

16%

4%

Jan

6

Jan

*

20%

21

275

20%

Jan

24

Jan

1

2%

1,700

2%

Jan

3%

Feb

8%

Jan

9

Jan

14%

25c

Drug common

Swan

Jan

600

*

common

Jan

'•

Feb

2%

1

Jan

% Jan

Jan

2%

2%

5

10%

6%

87%

*

*

Superior Portland Cement,
Superior Tool & Die Co
Oil

2%

100

Feb

.

Feb

Finch

300

1

7%

Feb

10

Ray

Jan

Feb

B

1%

Inc

2%

15

Corp

Feb

Feb

105

550

103 %

Jan

105

...__»

101 %

101%

100

99%

Jan

102

14%

15

300

14%

Feb

16%

Jan

n%

11%

11%

50

11%

Jan

12%

Jan

common

•
5

7%

1q

7%

500

7

Jan

Feb

7% Mar

Co

Inc

Technicolor
Texas

Power &

Thew

Shovel

*

17%

common

common

^

common

Markets

Inc

—.

Roofing Inc

_25c
—

•

105 %

156

100

.

420

156

98

Jan

109%

154

Jan

159

Jan

Tobacco

&

Feb

Tobacco

Security Trust

14Vs

•

Jan

14%

Allied

Co

10

26%

Raymond Concrete Pile common..-..*

26%

common

convertible preferred

Manufacturing

125

23

Jan

Jan

24%
1%

Jan
Jan

Trans

Lux

Jan

23

Jan

Tri-Continental

1,800

26%

24%

Jan

27

Feb

True Temper

Jan

53

Feb

Trunz Ync

8%

8%

15,500

6 Vs

Jan

9%

Feb

Reliance Electric

&

„

4%

5%

2.400

4

Feb

„

Radiator

3%

1,100

3%

Feb

4

,1 %

1 %

500

1

Jan

5
•

31%

30 %

32

950

27 %

Jan

32

t C——.

26 Vs

100

23 %

Jan

26%

2%

2%

3,000

2%

Feb

3%

Jan

2

2

2%

Jan

2 y*

Jan

——1

pfd F

Roeser & Pendleton Inc common

IV2

—

;

7,000

101%

20

9 Vo

200

•

dep receipts for ord reg._£l
Rome Cable Corp common—
—.5

Corp

Royalite Oil Co Ltd
Russeks Fifth Ave

MO
—1

50

700

7%

Jan

15%

1.700

12%

Jan

15'% Mar

75

Jan

98'%

4%

200

*

Ryan Aeronautical Co.

Ryan Consolidated Petroleum

Ryerson & Haynes common..
page




29.

120

11%

Jan

16

Feb

14%

Feb

18

Jan

8%

Jan

♦
—

5

Feb

Jan

11!

13

200

40%

650

Feb

45'

Jan

1%

500

1 %

Feb

2

Jan

50

101%

Feb

%

101% 101%

■—

%

12
3%

900

%
39

3Vs

3%

5.200

17%

17%

17%

1,350

Jan

9%

6.700

12%

11 Vs

1,200

Feb

103%

Jan

Feb

1

Jan

Feb

4

Jan

2%

Jan

3%

Feb

17% Mar

19%

Feb

20%

10%

12

3

1,200

3 Vs

%

—.

Lamp Works common— ZIIi
•
convertible preferred

Jan

1%

1%

*

^

4%

x39%

-*»-

——

3 Va

warrants

Corp

Jan

3%

Jan

20%

Jan

10% Mar

*

11 Va Mar

12%

Jan

u
Ulen

Realization

;

Corp

Union Gas of Canada

Jan

102%

Feb

Jan

29 %

Feb

9

Mar

08V4

9% Mar

Investment Co.—
Oil Co of

$3.75

United

—

Yards oi

Aircraft

9%

22%

6%

4

Chemicals

...

Omaha

Products

9%

10

8%

•

8

Jan

6%

Jan

7%

Jan

United

22%

Feb

25 %

Jan

United Elastic Corp.—

10%

2,200

8%

Jan

10%

Feb

* -: '
United Light & Railways.———7

8%

18,800

7%

Feb

8%

Jan

United Milk Products common

Jan

8%

Jan

200

x5Va

Feb

6%

Jan

10

Jan

Corp

Jan

2%

Feb

3,'«

Jan

12%

Jan

14%

Feb

8 %

8%

100

7%

Jan

99%

200

98%

Feb

64

common

3%

Jan

3%

~3

1,800

%

12

5%

5%

~~%

8,000

34%

38-%

500

39%

39%

42 Vs

58.800

19

18

19

.■%

warrants

1
•

4%

4%

4%

500

4 Vs

Jan

5%

Jan

——1

10%

9%

11%

13,700

7%

Jan

11%

Feb

participating preferred

United
Amer

United

Molasses

-8 Vs-Mah

—

Co

67

Feb
Feb

n

3%

Jan

51%

Jan

Feb

33

Jan

Vk «Tan
38% Mar

37%

Jan

42%

Iff

Feb

8%

•

*

100%

Jan

Feb

10

Jan

17'%

Feb

19

Jan

-

75c

•'

Jan

2%
43

*

9 s,s

500

300

1 Vh

1,000
2,100

98%

8%

*

2,700

6%

Feb

2%

14%

1.1

100

common__50c

24

9%

100

2%

California;—

preferred series A

Stock

2%

—

Union

United

"'15
13%

10c
5

8%

9%

22%

1.25

common

see

9

9

5

common

-

Jan

7%

4%

1

Tung-Sol

Union

—

16

14

93

Jan

Ltd—

American

Field Inc...

Feb

Jan

25

101%

100

Rotary Electric Steel Co

Jan

Jan

16%

1

Union

Rochester Gas & Elec 4%

13%

18%

122'%

Feb

2 %

.100

Unexcelled Chemical Corp—:
.

200

Feb

Jan

Feb

14%

-

Feb

26 Vs

o

Rio Grande Valley Gas Co—
v

700

35%

Jan

16%

5Vs Mar

3%.

1%

1

Engineering

Rice-Stix Inc—

Vs

1

6.25
—1

Reading Tube Corp class A_.
Reis (Robert) & Co.:

70c

Corp

24 %

80c

Regal Shoe Co

—20

Mining of Nevada

Tonopah

56

26%

5s

deposit rets def registered.

225

•
common—__5

21

1%

l
26%

14

33

119

7-%

_

...

Royalty Corp..
Toledo Ediscn 4 %?«
preferred

Rath Packing Co

23%

10

Ltd—

Toklan

10

3,300

13 %
•

1

•

Stocks—

Todd Shipyard Corp common

Railway & Light Securities—
Voting common
Railway & Utility Investment A

1,600

17%

Feb

20

105 % 107

35%
119

16'%

5

Corporation common

16%
13%

14

5

,—

35%
119

preferred .100

Light 7%

Co

35 V2

♦

Electric

Tampa

Amer

For foornotes

500

34

5%

Corp

9%

36

R

!

4%

3

Amer deposit rets ord registered. „£1

(The i

Feb

5%

common

1,600

Jan

104

common

6% preferred..;
Quebec Power Co

Rowe

4 '/a

Jan

Tishman Realty & Construction— —.1

Roosevelt

100

Jan

common

Stop & Shop Inc
Stroock (S) & Co

33

101%

Quaker Oats common

Rolls Royce

27%

20%

Sterling Aluminum Products common.l
Sterling Brewers Inc
1

Tilo

(Texas Corp)

Jan

3%

Feb

Thorofare

Richmond

26%

3%

Corp

Co

&

(A)

Thcr

Raytheon

Feb

1,500

2,200

17

105

Pvrene Manufacturing

$3

30%

13,500

Jan

14

—.100

.

Puget Sound Pulp & Timber
Pyle-National Co

Jan

Colorado—

4%% cumulative preferred
Puget Sound Power & Light—

""".

Feb

29%

5%

Stein

(J B)

9%

Jan

32%

5%

Steel Co of Canada...

Stetson

*

Jan

29

16%

33

36%
5%

Starrett

75

•

...

4%

-w,

Feb

'

Prosperity Co class B
Providence Gas

4%

47%

Mar

28%

4%

Inc

1%

27%

46 %

5%

§Sterling Engine Co

11%

27%

10
100

300

Feb

Sterling

1%

2,200

Jan

Jan

Mar

2,400

Jan

Jan

13%

30%

1.9

9%

4

Jan

1

30%

Feb

Jan

Jan

14

36%

59%

Jan

1

America..

of

Producers Corp of Nevada.—.

31

25%

100

21%

7V2

11%

2,000

100

4

Jan

51/4

10%

23%

32'%

10%

Jan

14%

11%

Feb

3,600

29

3

Jan

Jan

650

4

1

class

Jan

__2.50

common..

Tube

4% Mar

36

Jan

300

46 3 4

1

700

35%

Jan

3

3%

28%

1

1,400

36

•

Jan

9%

,—

18%

.100

Pratt & Lambert Co

Jan

3%

Feb

9 %

Corp

4%
14%

%

Jan

8%

17%

Co

7%

14%

*

common

Feb

2%

1,700

19

33

—*

4%'

2.50

preferred

25

%

1,600

9

17

30%
27%
4%

Light common.!.. 1

7

—25c

Powdrell & Alexander common..

16%

Jan

31

55

1,030

1,000

15%

29

3%

59%

21%

Feb

46%

*

Products

Feb

l"/8

58 Vs

Jan

13%

5,300

35%

preferred

215

1,700

20%

Jan

1
10

B

2

10

common

&

class

1%

58%

2%

20

(Ky)

Power

Common

1%

21

Feb

32%

26

10
1

Corp

Jan

"

Power

Oil

2%

'

Polaris

Forgings

1,000

1

;

Jan

295~

Jan

19

1

preferred
Standard Dredging Corp common
$1.60 convertible preferred

Feb

17 Vs

1,300

Jan

2% Jan

28

*
2.78

Convertible

2%
16%

1

Jan

Feb

1.100

17

Co

Shoe Corp

2U

l

Pneumatic Scale

Southern

Jan

1,200

%

preferred

2%

1,150

19

v

cumulative

4.32%

$7

Pioneer Gold Mines Ltd

Pleasant Valley Wine Co

Jan

Jan

4%

300

5'A

25%

36

-r-»

55%

Jan

Pinchin Johnson Ltd Amer shares

sPitney-Bowes Inc
Pittsburgh & Lake Erie
Pittsburgh Metallurgical

7

x3 Vs
.

3%

25
..25
25
25
1
5
5
*

preference

Feb

2%

1.950

600

269

1,000

25

—

convertible

48V2

'

Pierce Governor common

30%

Jan

Edison—

original preferred
cumulative preferred

Standard
1

■

Feb

5%

15'%

3

x8%

10^

Line

California

740

2%

14%

14%
Y«

12.50

common

Pipe

Pa

Jan

108

800

36%

common.u—50c

common

Oil

common

10%

14,100

2.50

Co

& Power Co

Philadelphia Co

11%

2%

Pep Boys (The)
1
Pepperell Manufacturing Co (Mass)__20
Perfect Circle Corp
2.50

.

10%

108% 108%

1

11%

•
100

'.y.. Penn Gas & Electric class A com
Penn Power & Light 4% % pfd

30

32%

—1
1

24%

50

25%

25

Pennroad Corp common

1,000

295

2%

1

—

common

29

25%

"

*•'

Corp

291

1
1

46

•

preferred

50

6%

*

Manufacturing Co

Corp
__y
Manufacturing

232

£1

Co

Aircraft

Solar

6%

1
4
100

Pattern common—.—
Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer
dep rets ord registered
Smitn (Howard) Paper Mills
Simplicity
Simpson's

4.48£>
Peninsular

6 Vs

Feb

*

preferred—

redeemable 1st pfd series A

5fe

330

25
25

preferred

1st

1st

5fo redeemable

9%

1st pfd—25

Pacific Gas & Electric 6%
5 c'c

9%

5

common

90

Ltd—

deposit rets ord
NJ RR & Canai

registered

—

100

__

.

236

Jan

242%

Jan

Volume-!?!

'Number "4887

THE

COMMERCIAL

NEW

YORK
RANGE

•

Friday
STOCKS
New York Curb

*

Profit Sharing

10 [0

preferred

Low

S

Air

S

Foil

U

S

and

$5
U

Conditioning Corp
Co

preferred

Radiator

U S

B

_

_

Rubber

with
_

17 74

Universal

130

407 a

Jan

4194

Feb

1394

200

12

Jan

1374

Jan

194

1.700

174 Jan

19b

Jan

Altalian

17 74

2,000

Feb

1874

Jan

494

3,800

McCord Corp debentures 414s
Midland Valley RR—

4

1

Products

4

91

—

-50c

-10

93

574

159e
4

500

94

Jan

8334

Jan

_

_

Sugar-

Light

with

A7s

Nov

1

4 %

at

common

l

Feb

Milwaukee

Venezuelan

Jan

New

Venezuela

Petroleum
Syndicate

IV

2,550

40

Feb

o434

Feb

100

25

Jan

2874

Jan

28 74

300

28

J&n

2914

Jan

234

294

1,300

294

Feb

3V

Jan

x25 74

257/a

2,000

23 V

Jan

2574

Feb

5'/a

572

71

3,000

71

5

10

Feb

594

68

3%

3 7-8

•

414

Gas Light 414s
19G7
England Power 314s 1961

Ohio Power 1st mortgage
1st

mortgage

Park

2%.

.,.600

13 Va

13 Vu

3%

314s

Feb

614s ex Oct 1

'

$2

Watch

Co- vtc

194

19»

Ward.Baking Co

warrants—:—

974

974

9'

94

Warner Aircraft Corp_i-^_wLi

Wentworth
West

—

1

Safe

1374

Jan

San. Joaquin Lt & Pow 6s B
Southern California Edison 3s

Tablet

&

Weyenberg
Whitman
Wichita

Shoe

164

River

Co__.

Corp

Pwr

Woodall

Lt

4

American

deposit
preference—

G'.'o

Wright

112 ft

Jan

158

Feb

11414. Jan
165

21

Jan

394

3 V

19

Inc

'4

00l/4

61

Jan-July

16094

163

104 V

10514

108 V

16214 163*
1105

__

106

1965

1099a/

1970

3rd

—

108V 10894
105 V 105V

10514

53

10474

10594

'

13

105

10694

>

274

Feb

17194 Feb

100

1914

105 V 10694

—

Jan-July /

110214 104

—

.

5s

Feb-AUg
May-Noy
*—.—April-Oct
April-Oct

1989_:

1950

.1966—_

Corp—

stamped

,

1946

Industries—

stamped

106V 10674

5

B

;•

■

1134

141

1

82

83

47

47

5

47

83

-

-

,

,——Jan.-July

,

!

47

5

0494

95

3

15

"

.

'

..47

.""

1946

——April-Oct

47

614

800

494

1.000

3 74

Jan

774
6

Feb

994

*

Jan

Jan

12

1394

14

250

1374

Jan

14

Feb

2994

2974

600

293b Mar

32

Jan

14 V

1474

1494

105 V

500

1294

1094

1294

1,600

5s

474

474

"in

10614

3,400

A

16

Feb

Electric

7s

Service

with

A7s

1

174

Dec

Dec

ex

1953

coupon

Feb-Aug

1956

coupon

10314

1947 coupon

1956

159

;—

1954

Traction

Newspaper
f

s

«

—

Mar-Sept

63

10394

•

63

62

130

5s

1960

x92!4

—

June-Dec

conv

102 V

Hotel—

debentures

June-Dec

6s

63i4
—

103Va 10314

June-Dec

West

Western

59

,

May-Nov

Washington Water Power 314s 1964
Penn

6114

<160
130

—

Co—

1940

1

1

income

A5s

9214

107

* 1120

—

96

92 V

1107

—

107

120

120

101 v

121

103

94

Union—

debentures

1959

-Feb-Aug

110214 104

r-y

1294 Mar

Jan

4

Jkn

494

Feb

l7/«

Jan

2

Jan

Foreign Governments and Municipalities

£1
•

1940

19G9—

Waldorf-Astoria

Jan

Jan

1074

100

"l74

—

Jan

14

1

Aug

revenue

United

Jan

4% Mar

with

V

s ex Aug 1 1947 coupon 1953
Triborough Bridge & Tunnel Authority—

Jan

674

—

Hydro-Electric Co—

A614s
A 6

Feb

334

—

Terni

Jan

814

G

100

•

Jan

314

874

.—.

14.

18

Jan

8 74

2

'

Friday

BONDS
New York Curb

Interest

Exchange

Week's Range
or Friday's

Last

Period

Sale Price

Bid & Asked
Low

Appalachian Elec Power 314s 1970
June-Dec
Atlantic City Electric 314s
1964
Jan-July
Bell Telephone of Canada 5s
series C 1960-Map-Nov
Bethlehem Steel

6s Aug 1

1998

Boston Edison 294s series A 1970
514s

debentures

Chicago
39is

Transit

Cities Service

108

June-Dec

1948—Jan-jiuy

Co

of

—

GO

103%

106

2

10514

debenture

10494

106

214s

106

3s

1977

(Bait)

9274

274s

10074

Jan-July
T

1976—Jan-July

U

1981

1962

Water Lt &

RR 5s

Elec

Mfg

A614S with Nov

1

A614s

1947

,

Nov

1

Residential
Trunk

series A

Mtge

1953

May-Noy
May-Noy

1953

Bank—

Ry

Western

Ex-coupon

4s

series E

A 7s

A7s

A7s

F

103

104

10694
106 V

10894

~

59'H

1958

110 V

27

55 V

4

47

10294

61

11814

62

62

1

52

199 34 1 00

9994
103 Va

145

4314

8774

42

4314

87

8734

7

81

8874

85%

20

7674

9474

95

U

86 V

9034

9174

5

8374

•»_

9474

94%

4

91

91%

12

1952

171V

—

7194.

7194

G

4074

1948

June-Dec

1

5174.

5214

9094,

7774

94

85

85

95
92

.86

95 7 4

8394

.„

91%

listed

on

are

the

Loan—

May-Nou

Feb-Aug

ALima

79

Exchange

as

(Peru) 6V2s stamped
Maranhao stamped (Plan A)
Interest reduced
AMedellln

7s

to 2yes

stamped

18 V

1958—Mar-Sept

1894

1894

2

33

33

2

33

33

5174

5214

2

4674

52%

2008

May-Noy

1951—

June-Dec

A7s

Bank of Bogota—
(issue of May 1927)
1947

A7s

(Issue

AMortgage

of

Mortgage Bank

de

Janeiro

A

514s

May-Nov
April-Oct

9

Denmark

to

5s

June-Dec

1972

117

187 V

Feb.

25

Feb.

Feb.

28

Mar.

2

Mar.

3

roads

ities

Stocks

42.73

73.90

204.15

—

55.39

204.33

—

1

Mar,

15

Util¬

trials

27

20

Rail¬

55.49

203.44

55.34

42.81

Total
65

73.99

42.81

73.76

10

10

First

Second

Indus¬

Grade

Grade

Util¬

37

Rails

Rails

ities

Bonds

106.18

101.80

103.11

106.13

106.14

103.11

106.09

91.76

91.75

10

Total

—

106.15

A)
2yas

2008

34

34

2214

22 V

133 V

Mar-Sept

(ser ABODE)

stamped

reduced to
Government

1r/o

(Plan

1997

—-Jan-July

22

V

34 V

2

3114

34

93

1894

2294

31

33 V2

A)

2012

6y2s

Jan -July

1919

Jan-July

29)

294

3

June-Dec

1921

294

294

3Va

44

8

>

214

394

214

394

*No par value,
a Deferred delivery transaction (not included in year's range),
d Ex-interest,
Odd-lot transaction (not included in year's range),
f Ex-distribution,
gEx-stock dividend, h Exprincipal.
n Under-the-rule
transaction (not included in year's
range),
r Transaction for
cash
(not Included in year's range),
xEx-dividend,
y Ex-rights,
zEx-liquidating dividend.

e

A

and

asked prices;

no

sales being transacted

during

current

week.

Bonds being traded flat.

§Reported in receivership.
Abbreviations used above—"cod," certificates of deposit; "cons,"consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"w i," when
issued; "w w," with warrants; "x w," without warrants.

-Counfer Industrial Stock

Average

Compiled by National Quotation Bureau, Inc.
Date—

Closing

Feb.

25—

36.60

High

27-

36.61

Low

Feb.

28_

36.60

101.79

91.54

106.01

101.69
Mar.

73.93

103.15

106.09

91.54

106.11

73.91

103.15

106.14

91.60

106.09

204.48

56.42

42.89

74.34

103.15

106.15

91.55

106.03

101.72

3—

101.74

Range for 1950

36.48

—

-

36.54
36.54

36.61 Feb. 27
35.13 Jan.

4

Range for 1949

101.72

42.82

2

Mar.

42.81

55.74

1

Mar.

55.73

203.54




88

—

Feb.

203.62
—

37

80

90

40

trials
103.13

894
1894

148

(35 Stocks)

10

SO

774
1474

-

148

June-Dec

1927)
1947
Chile 6s 1931—

(Plan

reduced

(Republic of)

lVs to 214s
Rio

of

of

stamped

Interest
Peru

Oct

Bank

Bonds

Indus¬

92
85

Mortgage

compiled by Dow, Jones & Co.

Stocks

Date—

''

Jan-July

City

daily closing averages of representative stocks and bonds

the New York Stock

^

52 74.

-

—

Slock and Bond Averages
Below

;

High

86

94 V

9094

Jan-July

Jan. 1
Low

NO.

62

100

10394

85

1957

Range- Since

Sold

High

•17114

Jan-July

1953

5s

Bonds

Friday's

April-Oct

.—

Port & Waterways —
AExternal 614s stamped 1952_

IFriday's bid
-June-Dec
1955—

—Feb-Aug

coupon)

External

61

49
V

43

7s

Cons

ARussian

110314 10414

Jan-July

Valley

Interest

2

5914

or

Bid & Asked

Danzig

10374

11814

Week's Range

Bank of)

Mortgage

Municipal
External 5Vs 1955

60 Va

42

4614

Sec—

coupon)

Danish

Parana

5934

Last
Sale Price

(Col)—

7s Jan 1947

(see

ACauca

115

11074

—

130

June-Dec

1952

(July 1941

104

106

1027« 10314

Mar-Sept
Jan-July

1950

1957

(Aug 1941

series

9994

106

7

111794 1189s

5914

A20 year

!

1963

614s series C 1955—
A6I2S (Dec 1 1941 coupon)

A 7s

58

145 Va

10274

Agricultural Mortgage Bank
A 20-year 7s April 1946

10094

104

111074

market

Power

V

RR—

(coupon on)

International
A

9974
99

10574

110574 10672
■

Mar-Sept

coupon

coupon

Western

Guantanamo &

94

Co—

1940

Green Mountain Power 394s
6s

91

11274 11374
1106 V 10694

Map-Nov
May

.Man-July

1956

stamped 1961

Grand

92

1104

Map-Nov ~

mortgage 4s series A 1993
1st mortgage 4s series B 1993
Gas & Fuel 314s 1965—
Marelli

1104

—

11374

April-Oct

1st

5s

G

<Balt

Eastern

Finland

106

—

Period

Low

11174

—

April-Oct

mortgage

ex

103
108

100 74 1 0034

April-Oct

series

City)—
/ "
414s 1954
Delaware Lack & Western RR—
Lackawanna of N J Division—

Ercole

10494

15

93

Friday
Interest

New York Curb Exchange

Bogota

—

mortgage 274s series

conv debs

Elmlra

104

10894

103

■

mortgage

Consolidated Gas

A

12

11094 11174

9274

107%

/
Pwr

.

107

104

"

—

/

High

25

106

mtge 294s ser Q 1976
1st rcf 294s series R 1981

General

Low

10838

11094

1st ref

ref

Jan. 1

No.

10514 107
J16394180

—

ref

Sold

■

BONDS

Range Since

103%10394

Jan-July
—Jan-July

1947—1978

Registered

1st

Bonds

High

Mar-Sepf

1954

Consol Gas El Lt &

1st

"■#.
4**

.,

Authority—
series

revenue

10814

Quar-Feb

Cential States Electric
Corp 5s debs

■ii

1103 V 104V

—

April-Ocf

1

106V 106V

Mar-Sept
Jan-July
Feb -Aug

1973

110294

>

—

(Calif)—

trust

(Hugo))

t.A7-4s:2nd

294s

500

19

2114 Mar

1774 Feb

—

8

Ltd

6014

■%«*t

B

314s

& Bros 5s

(Hugo)

A7-4s

Stinnes

Feb

150

__

receipts

Hargreaves

6014

-April-Oct

Jan

2174

_100

!

105 y* 106 y*

130

__

1971—

3s

Corp
collateral

Stlnnes

Feb

—

*

common

W)

series

3s

Counties Gas

motrgage

5s

Jan

30

Ltd—

(P

April-Oct

1973
M

AStarrett

Jan

8%

28

19

25

Industries Inc

A

ref

Spalding (A G)

Jan

114

Feb

3214

—

Woohvorth

6%

% Jan

Mar

__

1

Woodley Petroleum

49u Jan

29

1

pfd

series
and

1st

Jan

2474 Feb

*

7a V

10794

10514 iosv
98 V
9894

105V 105V

Southwestern Gas & Electric 314s 1970-,

Jan

■114

1,725

—

common

&

U la

30 V

—

5

Wilson Brothers common
5'.'o
preferred w w

Wisconsin

134

Feb

74 Feb

8

^

lo
!

Feb

Jan

29

l

(The) Corp
Williams (R C) & Co
Willson Products Inc

Elec

11014
-

21

'.

i

Wickes

Winnipeg

Jan

10

1G4

10594

99V

:

20
10

Oil

.

6214
106

110614 108

„

3s 1981—May-Noy
1952
Mar-Sept

California Gas

Feb

Jan

1,700
coo

10614 1 0694

198V

Harbor Water Power Corp

914. Jan

-

5.G50

74
8%

114IV my*

•

com

;

&

214

■■

Stationery

Mfg

fWm)

674

"4
87»

8V

preferred—*
Western Maryland Ry 7% 1st pfd__100
Western

Jan
Feb

974

700

103

10594 10594

Jan

1%

24,800
"

" '

1.25

Utilities- $6

Westmoreland Coal
Westmoreland Inc

8

\i

J.

6 7o

I

_i

.

Manufacturing!

Texas

gov

35

1105V 106

__

1960

Jan

109

300

5514

Co—

394

,

~13/.

Gas

•4%

8 V4

1,000

1960

coupon

coupon
&

Southern

89b

_1

w,l_

1940

1

1947

Feb

174
894

30

preferredn-l—

cum

Walt-hem

Oct

Service Electric

Southern

100

-_.t-

63

Va

101 y* 103

2

6214

1037b 104

J&n-July
Jan-July

614s with

•1st

_1

1% preferred
Waftt- Ar Bond

2

49

Hydro-Electric Go—

1294 Jan

•

'

53

110514 10614

April-Ocf

1964

50-year 6(4 debentures 1998
Queens Borough Gas & Electric—
514s series A 1952

Mar

W
Waco Aircraft Co.

3s

2 74,. Feb

,,

200

104

April-Oct

1st mortgage

1970

314s

Wagner Baking voctng. trust ctfs ext—•

314s 1968

1971

3s

Lexington

93

63

102

6214

Pennsylvania Water & Power 314s 1964—June-Dec

Jan

71

31V

2,400

25a

20c

Jan
Jan

High

8814

Jan

27

i

Inca,^—

93

55

102

May-Nop

174

*

Vogt Manufacturing-

Low

G2

5114

62 V

Mar-Sept

174

26

71

Jan,,1

NO.

130

__

594

5434

5 V

5

Steel Co_.

Feb-Aug

Feb

A

Corp

Range Since

Sold

98

159

53

_ApriI-Oct

174 Mar

A

$4 convertible. preferred—

1956

1963

1,100

4774

—

I

—

Jan-July

1,400

Public

Vanadium-Alloys

to

Mar-Nov

1963—

6s

3,900

28

294

Bonds

High

9694

98

—

174

Piedmont

Valspar

1940

Superpower

Extended

1952
coupon 1952

174

26

•

common

Jan-July

174

52

5

1952

Isarco Hydro-Electric Co—
A 7s With Nov 1 1940 coupon

Mar

28 74

—10

common

certificates

escrow

574

26

Co

ADsbenture

Feb

93

Friday's

Bid &, Asked

Interstate Power Co—

Jan

474

Jan

474

Jan

59A Mar

174

—

IV

Insurance

Universal

&

4974

4174

5lV

Reclaiming Co

Power

Jan

Feb

93

*

—

United Stores Corp common
Universal Consolidated Oil

Utah

5

43=4

174

1

warrants-

common.

Utah-Idaho

Jan

700

6,225

-10c

_

_

International Securities—

1st

S

class

94

594
4574

157»

_

or

Sale Price

Low

1374

4574

Week's Range

Last

' Period

High

4174

Shoe Machinery common- —25
Preferred
.25
United Specialties common
1
U

Interest

New York Curb Exchange

»

44 V

M.

5

United

U

3

BONDS

Low

29

EXCHANGE

ENDED MARCH

Range Since January 1

High
—

(973)

Friday

Shares

10

—

CURB
WEEK

CHRONICLE

for Week

_25c

common

FOR

FINANCIAL

Sales

*

Range
of Frices

Par

United

Week's

Last

Sale Price

Exchange

&

High
Low

35.20 Dec. 31
27.79 Jun.

15

-

■■"

®

30

(974)

THE

COMMERCIAL

FINANCIAL

Transactions at the New York Stock Exchange

CHRONICLE

Transactions at the New York Curb

Daily, Weekly and Yearly
Week Ended Mar. 3, 1950

Int'l

and Miscel.

Bonds

Bonds

Shares

Bond

Bonds

Sales

Bonds (Par

of
$1,259,000

$272,900

$1,531,900

I 404.930

Monday
Tuesday
Wednesday
Thursday
Friday

3,046,000

547,000

3,593,000

_

1,312.500

2,826,000

425,000

_

__

-

—

—

1.412,730

3,181,500

368,000

1,344,430

3,722,000

3,147,000

3,251,000

3,549,500

344,500

1,514,870

______

302,680

______

Exchange

Stocks

(Number

620,770

Saturday

1950

Daily, Weekly and Yearly

Total

Government

Bonds

Foreign

United States

Bank

Railroad

Stocks

Number of

Monday, March 6,

4,066,500

3,449,680

Week Ended Mar. 3,1950

Saturday
Monday
Tuesday
Wednesday
Thursday

Value)

Foreign

Foreign

Domestic

Government

Corporate

$28,000

$7,000

155,000

Shares)

20,000

$1,000

141,805
315,610

•

Total

$35,000
176,000

316,035

101,000

36,000

37,000

299,220

144,000

33,000

10,000

187,000

301,100

105,000

34,000

5,000

144,000

174,000

387,335

$2,260,080

$17,181,500

7,610,230

—

1950

shares

1950

Week Ended Mar. 3

38,744,829

$97,200

Bank

/ 950

138,000

451,000

1,559,200

21,456,080

16,3^45,050

12,951,700

177,588,400

$2,260,080
Industrial

17,181,500

Total

L__

$199,279,680

$14,524,900

$19,441,580

126,572,300.

Jan. 1 to Mar. 3

1949

1950

1949

1,761,165

1,030,790

16,714,118

9,924,632

$665,000

$266,500

$14,000

Foreign
&

$896,000

Stocks—No. of shares

U. S. Government
International

180,000

$70,000

1949

80,254,397

3,869,645

Bonds

Railroad

17,000

$161,000

Jan. 1 to Mar. 3

*1949

7,610,230

31,000

$665,000

$19,441,580

Week Ended Mar. 3

Stocks—No. of

132.000

1,761,165

Total'

Bonds
Domestic

Foreign

$486,000

$7,366,000

$6,676,000

161,000

75,000

3,762,000

1,777,000

70,000

25,000

479,000

332,000

$896,000

$586,000

$11,607,000

$8,785,000

government

Foreign corporate

$143,634,850

Total

'

OTHER STOCK EXCHANGES
RANGE

Boston Stock

Week'*
Range

Sale Price

Agricultural Chemical
Sugar

Refining

American

Tel

Tel

American

Woolen

&

Boston

150%

•

23%

Albany RR

Low

High

High

44 Va

194

40%

Feb

45

500

38%

Jan

45»/4 Mar

29%
115

100

4,115

23%

47

47

146%

585

30ya

288

116

Jan

21%

Feb

28i/«

Jan

Jan

150% Mar
32

Jan

31%

115

Jan

120

Feb

200

50

107

Jan

114

Feb

Jan

50

Feb

45%

3,181

100

14%

14%

14%

Day Power & Light—
Federated Dep't Stores
General

896

14%

Jan

14% Feb

class

8%

class

B

pfd

Boston Personal Prop

Calumet

&

Trust

Pure

Corp

Copper

Range

25

Eastern Mass

Street

700

12 %

100

1st preferred

preferred

Eastern SS

Lines Inc..

61

61%

100

—_

4

100

series A

B

Feb

50c

70

70

4

3%

200

Feb

4

61

Feb

68

Feb

75

38%

50

71%

72%

259

66%

53.60

53.60

5

52.32

General Capital Corp

1

;r

Electric

___•

Razor

Co—

47

56%

47

37%

*

770

24

38%*

~

Copper

Cos.

Haven

54

&

47%

Jan

38%

50% Jan

278

55%

Feb

16'

Jan

9Va

Jan

11%

Feb

26%

Feb

29%

Jan

14%

15

91

12%

Jan

15%

Feb

16"

Feb

17

Jan

X52%
57%

8%

25

52%
58

8%

47%

100

8%

17'/4

17%

52

300

7%

130

Jan

53%

Jan

58

1

17

Jan

181/2

1,900

17c

Jan

30c

10%

Jan

93%

9%
45c

45c

17%

94%

430

92%

Feb

96%

245

71/2

Jan

10

Jan

70c

29c

1,950
604

Members

Exchange

59

1

Jan

10

Jan

60%

3,885

60% Mar

Consolidated

44'/4

451/4

625

43%

Feb

49 %

Jan

Consumers

42%

43%

50

37%

Jan

43%

Feb

Continental

14%

14%

75

13%

Feb

14%

Prod

2

33

34%

775

30%

Jan

34%

Feb

33%

53%

Feb

Davidson

%

Paper

Power

——-

Bros

Week's

1

Range

Shares

19%
3%

Range Since January 1

High
21

187

3%

19%

Feb

Eaton

High
21

Mar

Friars

Ale

General

6%

5

~5

common_8%

35

5

6%

,

448

5

8

35

226

105% 108

81

34%

100

10

27%

25

5

74%

*

*

74%

46

27%

10

5%

897

6%
5

30%
103

26%
5

Feb

Jan

Mar

5

Mar

Feb

35

Jan

108

Mar

Hall

74%

Jan
Jan

23/a

23%

100

23

Feb

23% Mar

Feb

75

Jan

Kalser-Frazer

Jan

13%

Feb

16% Mar

King-Seeley

19%

Jan

Kinsel

_1

44

46%

Jan

Kresge

Feb

Lakey Foundry & Machine
Lansing Stamping

46

60

59

262

53%

Jan

31

24

31

Feb

35

Feb

24%

24

24

Feb

25%

60

Co

Masco

Jan

McAleer

Procter & Gamble.

•

88%

87%

88%

1,662

80

Jan

89%

Feb

Motor

59%

59%

33

Feb

59%

Feb

Murray

223

223

6

25

25

25

56%
221

Jan

12

20%

Jan

225

11%

Jan

26%

(S




2%

Feb
Feb
Feb

33c

35c

500

30c

Jan

44c

Jan

20%

285

20

Feb

22%

Jan

5

500

13

285

12

Jan

13

Jan

76

76

270

70

Jan

78

Feb

4%
76

3%

4%

Jan

5%

Jan

3%

300

3%

Jan

4%

1,200

10%

Feb

11%

Feb

4%

4% Mar

6%

Jan

Jan

12%

490

5

12%

6%

100

12%

12/4

17%

130

12/4 Mar

14

Jan

13%

13/a

155

13/2

Feb

15%

Jan

Jan

13

Feb

6%

6%

1,310

4 %

Jan

7%

22%

22%

255

21%

Feb

22%

Jan

1%

1%

400

1%

Jan

1%

Jan

268

41%

Jan

Feb

National

Electric Welding

12

250

14

28

32%

Jan

39

Mar

5

47%

Jan

47%

Feb

6%

100

6% Mar

7%

2

600

2

2%

Feb

1%

2

790

1%

Jan

2

Feb

3%

Feb

4%

Jan

Mar

Jan

3%

200

1%

1%

8,700

Feb

1%

Jan

30%

30 %

500

28

Jan

30%

Feb

17

17

180

15'A

Jan

17%

3%

1%

1%

Feb

3%

100

3

Jan

3%

Jan

3%

800

2%

Jan

3%

Feb

3%

2

3%

3%

_____

4%
39

Jan

39

47%

1%

—a—_^10
1

Stamping common

42

6%

—*

Corporation

42

2

_/i-l
common

National

39

42

.

Manufacturing, common —*$<-1

Products

Jan

Packard

Motor Car
39

150

30%

150%
33

146%

Jan

26%

Jan

33

150% Mar
Mar

40%

River

Raisin

Rudy

i

Manufacturing

Paper

28/a

29%

317

28 %

Feb

30%

Jan

Scotten-Dillon

69%

134

66%

Feb

78%

Jan

32%

20

Sheller

31%

Jan

33%

Feb

12%

12%

221

Timken-Detroit

11%

Feb

13

Jan

50

Udylite

8/a

Jan

9

Feb

Warner Aircraft common

8%

2

Pfeiffer Brewing

296

1,237

68%

9

38

2

Parke, Davis

32%

—

19

Jan

10%

Peninsular Metal Products

—1)

29%

Feb

2%

3%

1—_w_l

Products

Screw

Feb

47%

12%

Feb

18%

900

13

,-10
1

S)

Jan

Stocks—

-<|

29%

220

2%

20

-1
—1-1

McClanahan Oil

'

,

150

13%

2%

Jan

Jan

65 % Mar

69%

33c

29%

18%

10%

-1

;

common

Drug

16 %

29%

29%
2 %

*
„__12%

common

12%

Jan

j

Feb

7%
23%

——1

Car

73%

Jan

10

11%

Feb

Feb

Manufacturing common—__2%

147

59%

25

Jan

6%

217/a

7

—5

548

15%

City Products

9%

505

1

340

225

Chesapeake & Ohio

100

200

1

13%

564

Cities Service

Jan

23%* Mar

22/4

class B—1

16%

15%

33

8%

Jan

7

1

—

Motor

65 %

150%

Feb

22

1

Hoskins

15%

10

Jan

7%

11%

Corp

Houdaille-Hershey

61%

100

7%

22

10

Feb

15%

39

Jan

11%

2

Motors

Jan

65

12

6%

1,000

10

—

5%

"

*

250

5,495

Industries

Lamp

*

50

Feb

7

i

___.

Trailer

Gerity-Michigan

Kroger

223

Feb

.7%

7%

1

Manufacturing

28%

24%

•

35%

Jan

23%

Goebel Brewing

Lunkenheimer

100

Feb

Jan

6%

6%

5

Jan

31

*

20%

33%

7%

Brewing

Feb

56%

10

20

300

Mar

45

•

150
696

6%

1

12%

100

38.

Jan

35%

23%

—

16%

12%
16%

•

page

86c

20%

"7%

Mfg
Stove

Brewing

Wood

Hudson

50

10

see

Mar

6%

23%

Mogul

Frankenmuth

34"%
7%

33%

*

Curtiss-Wright

77c

Mar

20/4

5

Manufacturing

Federal

LOW

Feb

Ga?

32

for Week

of Prices
Low

Feb

Telegraph

31/4

20

Gasket &

32%

Armco Steel

15%

35%

6%

1

common..

Detroit-Michigan

Sales

20/4

*

common

Detroit Steel Corp.
Detroit Steel Products

315

American Telephone &

77C

Motors

Detroit

Exchange

34%

common

32

1

Edison

33%

Preferred

15%

Jan

•

B

Jan
Feb

Jan

Gemjmer

preferred

52

15

Gat

Issued

Jan

67 %

Fruehauf

preferred

29%

Jan

Feb

Hobart

405

Feb

Jan

Art

6%
15%

14%

Jan

Insulation

Jan
Jan

63%

3%

Yard—;

High

5%
13%

350

18

Stock

Low

100

1,305

390

177/s

Eagle Picher

6

505

Jan

Street

6

Range Since January 1

High

80c

22%

Jan

feub Bell Tel

Low

63%

Jan
Feb

Feb

Machine

Shares

14%

201/4

3%

Preferred

for Week

77c

Jan

60%

Sales

Range
of Prices

14%

Jan

25

451/4

Week's

63%

361/2

221/2

25

Exchange

"

•

33% Mar

115

15%

.

'/

25

463

14%

Electric

„

Last

Manufacturing

100

—______

DETROIT
WOodward 2-5525

Brown-McLaren
Mfg common
Burroughs Adding Machine.
Chrysler Corp

35

23

1

—_____

Exchange

Chicago Stock Exchange

Feb

33%

22%

34%

12.50

>—

New York Curb

Briggs

100

For footnotes

Feb

Jan

128

Columbia

34%

4%

17

Unlisted

31% Mar

Jan

Jan

17

Printing

Jan

30%

41%

17

S.

25%

110

'

Brewing

17

U.

310

34'/0

American Metal

*

class

31%

33%

Par

8

8%

35'A

Sale Price

Brewing
Champion Paper

Randall

Feb

Friday

*

Burger

When

Jan

27%

STOCKS

Baldwin

Hatfield

697a

Jan

Jan

100

20

——

Gibson

Jan

25%

17%

598

Last

American Laundry Mach
Balcrank

Formica

66

170

Jan

4 Va

Sale Price

Union

311

26%

16%

22%

Par

Cincinnati

67%

28%

Exchange

Jan

45c

4 %

STOCKS

Cine &

Feb

66%

Feb

22 'A

Friday

Cincinnati

23%

Detroit Stock

Jan

10

17%

17

Cincinnati Stock

Milling

13% Mar

Jan

67.

12.50

Detroit & Cleveland Navigation

Cincinnati

Jan

21%

•26%

Telephone:

Detroit

&

11%

99

Ford Building

10

System Inc—
Westinghouse Electric Corp

Stock

*r

■.

12% Mar

9%

_•
common

Waldorf

Gas

63

Jan

3,195

*

Machinery

York

Jan

19c

25

Inc

;.

'■

•;

Jan

12%

94%

50

Co

Cincinnati

100

13%
22%

Feb

8 7/8

18c

121/a

2.50

United Fruit Co

Corp
Adv

16%

13%
22%

Mar

Jan

11%

1

8

Churngold
Cincinnati

16%

13%

83% Mar

100

Drill

Shoe

10'
20

Feb

12

•

Rubber

Jan

11%

10

Detroit Stock

Jan

7OV2

Union Twist

S

17%

25

Feb

265

Torrlngton Co

United

28%

Jan

Feb

331/2

340

100

Hartford-

Quincy Mining Co__

U

26% Mar
16%

*

13

20

Pennsylvania RR
Webster

Jan

193

31%

New

Altes

&

90

17.%

Watling, Lerchen & Co.

Feb

83%

.

North Butte Mining—

Stone

26%

•17%

_

7'

72% Mar

Feb

12

•

England Electric System
New England Tel & Tel
New

Jan
Jan

74

__1

Assn

New

Y

26%

17%

26%

J)

(new!

Jan

12%

5

Service

26%

.

•

Westinghouse Electric

Feb

39

831/2

•

Linotvpe

Racing

Nash-Kelvlnator

N

53%

24%

Jan

41

210
> r<r

Jan

100

Mathieson Chemical Corp

National

Steel

Jan

100

common

preferred

Narragansett

52%

*

211/2
x36

2,263
"

.

Mergenthaler

8

64% Feb

5

38%

5%

U

Jan

40

23%

Maine Central RR

Feb

Feb

*

Kennecott

34%

Mar

xl2%

•

Stoves

Safety

Jan

Jan

Jan

First

Gillette

78%

45c

Employers Group Assoc

General

32

Jan

Feb

•

National

Jan

41/2

12%

10

160

Ry—

Common
6%

6 c!o

50c

12%

•

Co

Jan

6

22

Feb

66%

34%

Feb

11%

(Ohio)

271

34%

5

(N

69 %

34%

.

Oil

50c

Jan

15

Brand*
Oil

68 %

Feb

13%

26%

Co

Standard

Jan

78

Jan

•

Standard

4

Jan

11%

--

Feb

51/4 Mar

68%

175

*

Socony Vacuum

Jan

19%

41 %

288 v

13%

33 %c

3 %

65

47%

35

76%

13%

—

39%

165

Jan

46%

f75/a

50

Oil

Feb

830

Feb

13%

•

Feb

4%

Feb

38 %

•

A_.

3%

5%

34%

Jan

76%

Ohio Oil

Pennsylvania RR
Pepsi-Cola

35%

201/4

,

Jan

34%

46%

.

10

4

70,

High

,

30%

10

Ohio Edison

153

10

Cliff Mining Co

47,

140

"

3'/a

5%

4

38%

*

36%

20

20%

5

Service

Cities

.5%

•

Hecla

Low

33%

37%

•

3 Va

100
unstamped—100
1st pfd stamped—__100
1st

A

Range Since January 1

High

37 %

.

35%

prior preferred

Low
33 '

York Central

Southern
7%

l'.
33%

5

Motors

New

Standard

Boston & Maine Railroad—

5$>

Shares

J__7

Electric

Genera]

Radio

Railway—

Stamped

for Week

Jan

17

HOI/2 lll'/a

20

Boston Elevated

Range Since January 1

451/4

2iy8

50

Sales

Range
of Prices

Par

Shares

149% 150%

Week's

Last

44

100

Edison

3

Friday

43V4

100

pfd

of Prices

Low
__

.

_100

Anaconda Copper
Bigelow-Sanford Carpet 6%
Boston &

•

MARCH

Sale Price

for Week

Par

American

ENDED

Sales

Last

American

WEEK

Exchange

Friday
STOCKS

FOR

4—

40%

270

3% Mar
35%
2

37%

Jan
Feb

Jan

4%
39

2%
43

Jan
Mar

Jan

2%

Jan

7

100

6%

Feb

7%

Jan.

2%

3

2,050

2

Jan

3

Feb

502

12

Feb

13

Jan

Corporation

1—7—1

12%

21%

500

21

Jan

23

14%

14%

235

14%

Feb

16%

Jan

10%

5

12%

21%

10

Manufacturing
Axle

1,770
2,169

1,150

7

5
1

2

10

285

10

Feb

11%

Jan

85c

85c

500

85c

Feb

1.00

Feb

%

Jan

VoluiTle

171

Number 4887

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK
RANGE

Los

Week's

Last

Range

!

of Prices

Shares

Par

Gold

Mining Co
Alleghany Corp (Un)___
,

Alils-Chalmers Mfg Co (Un)......:

Low

10
—*

American
Amer

Airlines

Radiator

American

Tel

American

Inc

&

Tel

Viscose

Armco

Steel

Co

(Un)

Co

Mining

Corp

Atlantic

Refining Co

Petroleum
Bros Corp

Preferred

Feb.

11%

Feb

Radio Corp of

1,655

13%

Jan

14%

Jan:

1501/8 150%.

2,040

146%

Jan

a71% a71%

150%

Feb

Republic

_14

22

30 Va

522

28%

Jan

30"'4

321/4

32%

1.156

28%

Jan

32% Mar

8%

3

California

—

Certain-teed

Clary Multiplier Corp

Consolidated
Consolidated

Consolidated

Vultee

Pow6r

5'%

Oil

Creameries

N

Crown

143

duPont de
Electric

Nemours

Bond

Electrical

&

Derrick

Exeter

Farmers

Florida

Power

Motors

Holly

Hunt Foods.

Imperial

International
Int'l

Kansas

Power

Kennecott

Kern

Lockheed Aircraft
Loew's

6%

Los

McKesson
Menasco

Diablo

Edison

Ohio

Oil

Pacific

Co

5%

Inc

(Un)

....

4%

26%

Jan-

Jan

10 y2

Jan

Jan

4.

a—

5

Feb

14%

Jan
Jan

7%

9%

177
-

50

19%

93/8

,

a__

230

1,401

al7%

al8

15%

2%
11

Jan

18

Feb

23%

Jan

1%
10 V2

Jan

2%

Jan

11%

11%

Feb

12%

760

1.55

Feb

467

13%

10

350

9%

3c

1,000

3c

3c

2.20

10 Vt

2.25 i

2.20

a27

6%

6%
al8%

6%

Inc

15%

10%

Jan

2.30

13%

Jan

Feb

Public Service Co pfd__
Motor Car Co (Un)

Packard

Airways Corp

footnotes

see

page

(Un)

38.




133/b Mar

Jan

53%

Jan

Jan

1,045

33%

Feb

37%

21

Jan

23%

Feb

62

62%

1,745

Jan

643/4

43%

Jan

43%

870

Jan

a663/4 a67'%

44 Vt

Feb-

329

62 Va

.25

a67%

14%

Feb

29

Jan

Jan

22%

Feb

Jan

Feb

11%

11%

29 ya

11%

2,344

10%

Jan

12 Va

Feb

20*%

20%

203/b

160

19%

Jan

21

3/4

Feb

a 36%

a37

225

36%

Jan

36 Va

Jan

60%

a36

61

Feb

16%

Jan

9%

9%

19Va

Jan

461

8%

Jan

93A

11%

11%

100

a22'/t a23%

16%

5

Co

&

Carbon

Corp

Lines

25

Pictures

42%

Jan

443/4

Jan
Jan

26

2,192

253/4

Feb

27%

135

85

Feb

85

a27% a28 Va

155

26 Vt

Jan

27 Va

Feb

16%

880

14'/a

Jan

16%

Feb

3%

212

3%

Jan

3%

Jan

10

16'/4

1

3%

(Un)
(Un)

Inc

a27%

193/4

1
1

a

19%

lo
•

a

a43%
31%

(Un)l-

19%

311

8

56

13%

133/a

19a/4 Mar

23

Jan

20%

Feb

21%

Feb

38%

Jan

41

253/4

Jan

3,494'''

313/b

47%

.

25

2,947

19%

30%

40%

Feb

165

1

Co

9%

9%

9%

33 Va

33%

34%

1,200

a23 a23%

40

a23y4

1

6%

10

(Un)

a50y8

6%
a

4%

Jan

7%
17%

Jan

54%

1,014

45%

Jan

47%

Feb"''

7%
26

Feb

Laboratories

1.20

Jan

1.40

Jan

Adams

2,821

24%

Jan

Feb

175

5

Admiral

17 3/a

293/8

25%

25%

705

17%

17*!4

7%

17 yB

a40%

a40%

95c

Jan

8 Va Mar

Acme

Steel

r

300

(J

Feb

is ya

Jan

24%

Jan

263/4

Feb

Aetna

Jan

20

Feb

Akron

%c

72

Jan

95c

Mar

Co

D)

Mfg

Ball

&

Roller

*

a57,
__

8

40%

17

2

2V»

17,830

70c

3,800

20 Va

216

173/4

Jan

20 Va Mar

American

Rad

54%

Jan

58%

Feb

American

Tel

Feb

1.75

Jan

Anaconda

Feb

18 3/a

Jan

Armco Steel Co

a55%

a57

523

1.45

1.65

4,978

17%
—

•

—.

13%

1

__

1

1%
60c

9%

173/8

9%

135

1.45
»'

200

,

a22%

a23

13 %

13 y8

10c

11c

-

5%

Jan

49%

Feb

13

12%

13

21%

21 Va

211

20%

20 3

245

a

Allied

Feb

American

Airlines

Jan

American

Jan

93/4

Feb

Armour

24 y8

Jan

Asbestos

Jan

13% Mar

Central

&

UCROSSE

EAU

Feb

Feb

Avco

21%

73/4

Feb

Jan

2.00

Feb

35%

170

313/4

•

26%

26%

267/8

380

26% Mar

Jan

35% Mar
28 3/4

Feb

12%

Feb

20%

Jan

223/4

Feb

32%

Feb

34%

Jan

36%

36%

170

35

Jan

36 3/4

Feb

33 %

33%

196

32 Va

Jan

Feb

28%

Bruce

366

28

Jan

28%

Feb

a65% a65%

Burd

10

61%

Jan

63 Va

Jan

Burkhart

643

52

Feb

54%

Jan

200

24%

Feb

24%

Feb

24%

243)

•

334

3%

4

2,826

3%

Feb

2y2

10%

10%

11

1,630

9

Jan

—

33%

4%
11

Brewing Corp

Jan
Feb

Brown

Steel

Shoe
Co

€o

(E

Piston

(F)

Corp

L)

Bros

Jan

24%

25%

17%

Jan

26

Feb

6Va

63/4

Jan

G3/,

7

700

63/) Mar

7%

Jan

3Vt

300

3

Jan

3%

Jan

4

Jan

3%

2,80|)
100

53/t

Jan

Jan

50O

3%

Feb

26%

Jan

34%

Feb

93/4

Jan

11%

Feb

21%

22%

475

21V4

Feb

223/a Mar

50

14%

__

87/a
__

100

(Un)

•

—-

common

Manufacturing
common

Canadian Pacific
(Un)
Carr-Consol Biscuit

2yz
1

800

13%

2,033

146Vt

Jan

30%

690

28%

Jan

31

323/a

656

27%

Jan

32% Mar

14y2
150

83/4

9

1%

1%

106

106

5%

6

2
7

2

6%

73/a

Jan

2,210

7%

Jan

30)

1%

Jan

35

103%

Feb

400

15

Feb

150% Mar
Jan

9%

Jan

1%

Jan

107

Feb

4y4

Jan

6

Feb

lftO

1%

Jan

2%

Jan

8,300

5%

Jan

7%

Feb

50

37%

Feb

33%

Jan

133/g

13%

200

113/4

Jan

13%

41%

42%

1,226

35 Vt

Jan

42 % Mar

5Va

53/4

700

4%

Jan

333/a

34Vt.

1,400

303/4

Jan

15

15

300

14

Feb

123/4

123/4

700

12%

Feb

14

Jan

56 Vi

58 Va

395

55%

Feb

59%

Jan

37

37

100'

37

Feb

40

Jan

19

400

37
—

42%
34%

2Va

lo
5

143/4
150%

29%
31

—

12%

15

Burton-Dixie Corp
Butler

16

2,150

1

Inc

Ring

Jan

4,000

•

Bethlehem

12%

300

2,053

16

11%

5

Bliss & Laughlin Inc
Eorg (George W) Corp
Borg-Warner Corp

117

22%

100

34 y2

10

Jan

33 3/8

Jan

16

3%

4

Aviation

22%

21%

11

3

Mfg Co—

Berghoff

54%

Jan

32

3

Bendix

33 Va

a53 a53%

(Un)

Bastian-Blessing Co

28%
__

Fe

Corp

Belden

Feb

19%

3V4

63/4

50

600

6y«

25*%

846

20%

16

„

Feb

Jan

High

5114

20J/a

10

Atch

Mfg

Low

50

11 Va

1

Jan

6%

■

50%

Range Since January 1

High

34%

5

173/4

1.40

a53 '/a

Low

5

100

(Un)

Jan

34%

CLAIRE

Sales
Shares

•

(Un)__•

(Un)

Co

14c

34%

—

San

Co (111)

Mfg

13

2,700

—

3, ILL.

for Week

1

Co

21%

25,500

12%

Stand
Tel

Copper Mining

Jan

7%

123.)

&
&

(111)

Jan

Mar

2.00

—

Feb

Chicago Board of Trade

Range

l

18 3/4

7%

33%

49%

1

(Un)

10%
"

'•

Feb

6-0780

Week's

.50c

Topeka & Santa
Athey Products Corp
Automatic Washer

1.80

10

Castings-.
Bearing

Investment

1.90

—

1

Laboratories

Feb

10c

3,115

—

Feb

2ya

8%
-

—

7

•

41%
90c

11%

244

2,690

Jan

22%

3,600

-

17

Feb

Feb

*

Mfg
Alleghany Corp (Un)

65c

41%

Co—

Brass

19%

2

70c

Feb

a—

186

of Prices

10

Corp
Advanced Aluminum

ll3/8

531

95c

Feb

•—

CHICAGO

Par
Abbott

4,7)0

17%

Jan

9%

343/8

400

Last

Jan

29 3/8

25%

16%

Jan

6%

Friday
STOCKS

28%

v

Feb

Jan

8

303/4

49 3/4 a50%

MADISON

Jan

28%

,

56

Midwest Stock Exchange

Feb

Jan

Jan

8 Va

a

Jan

j">"31 % Mar,,

13% Mar

1.370

12.50
4

Feb

333

19%
a

a43% a43%

1

Inc

W)

Jan

(Un)

Consolidated Oil Co—..

(F

Feb

25 Va

a8G'/2 a87%

50

Theatres

Lines

llVa

Feb

373

25%

26

Jan

22

43%

5

(Del)

Jan

10%

235

43%

(Un)_*

(Un)

Inc

Jan

■

1.35

17%

Feb

2iy»

26%

Members:

734

a

69%

380
965

4(6

Paramount

1.30

al7%

Jan

22%
28%

„

16%

250

66%

22%

27%

2

MINNEAPOLIS

51

,

1

28%

a22 %

1.35

—

61

42%

MIDWESTERN LISTED AND UNLISTED SECURITIES

125

Jan

*

270
305

Midwest Stock Exchange

170

Jan

*

35
23

DAYTON 6l GERNON

18%

7

1

35
23

23

20

a—

23

25

Pacific

Jan

50%

Jari

30

_10

common—,

11%

320

Feb

265

25

preferred

Corp

2,352

53

*

Jan

Jan

26

10

Lighting

13%

Jan

Feb

7%c

a6%

25

Indemnity Company

Feb

13
53

gale Price

25

redeemable

Mar

35

19

Jan

11%

Feb

1
:

—T

35

Jan

Jan

Jan

a

1

_8

Corp of Calif

Feb

34%

105 SO. LA SALLE ST.

46

45% '

1

j.

Products

34%

275

Feb V

Feb

25 %

*•

'Un)

28%

190

35

Century-Fox Film (Un)

Warner Bros

53%

a

277

35

Jan

Jan

27%

43
75

28%

28%

35
35

17 Va

Jan

2.10

10

a27 a27 %

Jan

Feb

Feb

28%

48% Mar

9%

4,100

a36 V4 a36%

32%

Feb

85

400

al3% al3%

Jan

Telephone

60

1.65

10

31%

Air

a

805

13%

10

185

Feb

___

1.65

10

30 Vt Mar

32%

Jan

Carbide

Feb

13%

.

27%

Jan

32%

14%

Feb

44%
*

Jan

29 y2

3,722

Feb

78

a__

255
610

'

all% allVa

;

...

■

19%
47

Jan

22%

70

48 3%

Jan

Jan

16 V2

100

35%

26%

378

Feb

42 Va

90

22%

—1...

9%

Jan

422

a

69 Vt

46%
76%

—_

Feb

2,587

30%

17%

Western

Woolworth

1%
307

35%
27%

16%

&

Feb

Jan

Feb

35

27

30%

Jan

Jan

liV Jan-

34%

27 %

24 Va

Western

302

Jan

61%

Westinghouse Elec Corp (Un)
West Kentucky Coal Co (Un)
Willys-Overland Motors Inc (Un)

27

Jan.

17

72

14% Mar

306

24

Feb

Jan

14 % Mar

250

Jan

16

Jan

14 y2 Mar

1 Va

22

622

Feb

United Corporation

Jan

1,890

16%

713/4

14% Mar '■
37c
Jan

46c

Jan

223/8

163/8

23

185

15,000

22c

395

Coal

Air

Jan

Jan

935

400

43C

2ya

Jan

36 Vt

20c

135

Jan

18

Feb

2,000

61

19 54,

178

Jan

313/,

21c

23%

Feb

«

6c

32%

713/4

63%

•/'•

Jan

Mar

61

Universal

14%

6%

4c

23%

Jan

l<eb

Feb

3,000
1,142

713/4

19%

Feb

Jan

•

Certificates of interest in com
United States Rubber Co (Un)
United States Steel Corp

63 y4

Feb
Jan

73

22%
16 3/«

11%

United

5%

i

10

Feb

40rn 17 3/4

20c

90

5c

31'/a

31%

25

Feb

418

4c

5*

Air

21%

Jan

a35 a35 Va

Feb

51

Jan

67

1

United

33 Vi

Jan

51

•

Co

Jan

Feb

19

897
579

25

7%

Jan

465

20%
43%

Feb
Jan

1

9%

14
32%

31 y2

20%

Jan

9

Mar

43%

25

74%

Jan
Jan

31

31

(Un)
Corporation

Oil

Corp

Jan

31

*

Feb

59%

125

•

Union Oil Co of Calif com
Union Pacific RR Co (Un)
United Aircraft

Jan

7%

Truax-Traer
Union

a__

6%

7%

Tri-Continental Corp (Un)
Twentieth

Feb

36 Va

Feb

(Un)

Assoc

Transcontinental

30

6J/a

Jan

7%

1

Jan

46

(Un)_100

Pacific

For

Jan

Company (Un)
Sulphur Co

Gulf

Transamerlca

Jan

Jan

30 Va

185

•

^

Jan

'

—10

Railway Co

1.05

5%

2,420

25

73/4

11

1

(Un)

;(Un)-__

(Un)

preferred

American

Feb

31% Mar

1,380

6

5

Sunray Oil Corp common
4%% preferred class B
Swift & Company (Un)
Texas

39

35%

•

Stone & Webster Inc
(Un)
Studebaker Corporation

Tidewater

Jan

25

Standard Oil Co (Ind) (Un)—
Standard Oil Co (N J) (Un)

Texas

Feb

42

35 Vt

Company

6%

75%

—•

Pacific

Pan

80c

Jan

21%

Feb

25

72 Vt

48*%

1

preferred

5 Vz Vc

Jan

a6%

(Un)___—18

Pacific Gas & Elec common

6%

30 Vt

17%

Jan

37'/a

5%

25

pfd_L

111

a83 Va a83'/8

1

Co

RR

ComDanv

Clay

Jan

553/4

22%

20

Co

Pacific Finance

Jan

19%

preferred

1,122

46%

*

Oceanic Oil Co
Ohio

123/4

Feb

Feb

20 Va

2,600

25

*

9'/8

761%

1

—____

Ltd——
Aviation-Inc (Un)

Aircraft

Jan

Feb

17%

'

15%

140

50c

38%
5%

25

50

19%

7

Corporation

Northrop

17%
113/4

w

75

a21% a213,8

—1

Pacific

Feb

Jan

Jan

6

50c

25

a7

9%

1

American

43/4

17%

4

(Un)

Jan

11%

6

25

com

(Un)

Jan

470

306

10c

Co

763/4

27% Mar

35%

.

__

Ward &

Feb "

Jan

143/4
50c

•

12%

40c

——

Jan

(Un)____15

8%

•'

5'%

1

a79% a81%
al7% al7%

17%

Feb

Feb
Jan

Calif

293/i

8

Inc

Jan.

173/4

Jan

15%

sv

'

673/4

,

of

500

53%
' /•

Distillers Prod Corp

Northern

4

:r

79

13%

1

City Lirtes Inc__

North

;
,

1,405

13%
14%

a

9%

4 V4

23%

*

315

14'%

5

Co

North American Co

14%

19 Va

7.50

(Un)

National

Nordon

Feb

353/4

/

Co

Feb

Feb

1,180

1,020
2,341

class A

32 y4

(Un)

National

.

67%

200

19 Va

(Un)—_•

(Un)

Petroleum

Central

Jan

5

63 »/4

10

Co

York

21%
'

63%

—*

—

Nash-Kelvinator Corp

New

Jan

Co

13

2%

(Un)

& Robbins

Montgomery

Jan

153/t

Feb

8 %

4%

27%
15 Va

—25c

a57

8%

25c

Middle South Utilities
Mt

33
63%

15%

Jan

15%

1

13

a79%

_33VaC

Company

Mfg

Merchants

Jan

175

1,008

Jan

Jan

29

Jan

4>/a

15

Pacific

363/j

Feb

145

•

preferred

Southern

Jan

l2Va

263/a

Southern Railway Company
(Un)
Standard Brands Inc (Un)
1
Standard Oil Co of Calif

a_-

14%

305

-

Jan-;

23%

Jan

76

4%

8%

14% Mar.:

8%

33%

263/4

4%

1.75

;

a7

1

Angeles BUtmore Hotel

Mascot Oil

Jan

15.

273/a

Co

Gas

SO

265

1,350

27

8%

Jan

Jan

6

Southern Calif Gas Co 6%
6%
preferred class A
Southern Co

Feb

27

14%

1

preferred

4.88%

58% Mar.,!

a__

228

4.48%

a34% a34%

27

14%

1

Southern Calif Edison Co Ltd
4.32%
preferred

Jan

;

&

a34%

•

32 %

12.50

Corp.1

50Va

Jan

50o

57

13

(Un).

Co__

Magna vox Company

50

,

6%

&

Petroleum

4.56%

23 Vt

100

17%

a

*

—

(Un)

Feb

0

Sinclair Oil Corp
Socony-Vacuum Oil Co Inc

Jan.;

12% Jan

80

.

35%:

"

7%

,

t

1

(Un):

Inc

1,680

a35% a35Va
6%
6%

.-25

Can

473/4

•

Trading Corp

Signal

Jan

51

v

.

2iy4 Mar

8

Company

Petroleum

4,105

14%

984

10

Ltd-

210

Finance Co

Signal Oil

Feb

Feb

26%

Feb

Sierra

Jan,

8%

& 56% Feb

%7%

,

34 V*

>

Feb

;50

310

27%

•

-'.'v.

Libby McNeil & Llbby
Lincoln

5

145

58%

176

*

Laclede Gas Light Co (Un)_
'Lane-Wells

2,820

50%

1,550

1

(Un)

i.

*.

Jan

1%

Corp —_i_:
Si Light Co

'

25 %

30

1

'1

*

Jan

60

Feb

2Vb

Jan

7%

8

A

,j..

Jan

31%

95c

1

(Un)

Co

1%

;

555

1,715

29%

5

County Land Co
-

1,000

81/2

o

class

Corp

>

I %

33%
'

87 %c

6.66%

Copper

Feb

305

3

of

10%

13%

Co

com

Feb

Feb

(Un)—1

Co

new

42%

10%

4%

Company

Nickel

Paper Co

Jan

343

21%

Exploration Co
Intercoast. Petroleum Corp

Kaiser-Frazer

35%

'

31%

5

Corp

471

10%

•

Inc

Iron

Jan

l

independent

Interlake

13

•

(Un)

Development

Feb

169

-—50c

Corp

Development

10

115

Corp

Hudson Motor Car

1,700

31%

1

Company

Corp

Hotels

10%;
42 %r,

al7

(Un)

Graham-Paige Motors Corp
Greyhound

56

12%

17

a

Goodyear Tire & Rubber Co common..*

Hilton

Feb

1

Corp common

(E F)

48

12%

(Un)

Gladding McBean & Co !
Goodrich

495

al6%

«

(Un)

Public Utll

48

4%

2

General Electric Co
General

Jan

a68% a69%

4%

•

Corporation

General

Feb

25c

60

Light Co—____

&

38%

Jan

17%

and Merchants Nat'l Bank_100

Garrett

20

Jan

25c

28°

Co

Ltd

Jan

37 Va

a63% a64% ;

Corp
4
Equipment Co——5

Fitzsimmons Stores

17

50

1,060

,

al7

Company Ltd A
Liquidating Corp—

FAR

40

25c

15%

Oil

&

Sears Roebuck
Shell Oil Co

38%

35'!4

Products

Emsco

Seaboard

Feb

al7

Inc

Share

&

Feb

6%

a36% a36 %
al4% al5%

35%

25

Inc

11 Va

Jan

'7%

s

a36%

Corporation (Un)__5
Curtis Publishing Company (Un)
• j
Curtlss-Wright Corp common (Un)__*
Douglas Aircraft Co Inc
•
Industries

19% al9%

Jan

3%

13%

7%

:

Zellerbach

Dresser

47%

•

Regis Paper Co (Un)
Schenley Industries (Un)

10%

15%

(Un)

(Del)

47%

St

1,141

•

Mng

Y

47%

11 % Mar

Oil

40,005

6%

'

11

50%

*

America

of

Feb

20

(Un)

Corp

Co

13%

50

56%

58%

1

:

Aircraft

Motors

Jan

1,320

a27% a28%
5%
5%

__

continental

Feb

-8

10

;

Co

Continental

7%

33%

1

Engineering Corp__
Liquidating Corp
:

Consolidated

Consumers

of

Jan

8

28

& Sav

Edison

5%

7'/«

1%

—

10

Gas System
(Un)
Commercial Solvents Corp (Un).:

Gould

Jan

Corp common
Ryan Aeronautical Co

Jan

10%

—25

Columbia

Chollar

8%

Safeway Stores Inc

a22% a22%

.

Cons

1,310

1

Feb

9%

42%

42%

common—A

Co

11%

2.50

Jan

10

•

Colorado Fuel & Iron Corp com
Preferred

Commonwealth Edison

11%

Co

40

!

8

—

Oil

109

48

•

i
(Un)__

Ranch

Richfield

Jan

25c

18

,

Rice

Jan

38%

1

—-

Cities Service Co

11%

173%

1

Feb

a

5

Products Corp

Chrysler Corp

191/2

;

•

Canadian Pacific Ry Co- (Un)
Caterpillar Tractor Co (Un)

Jan

•

37%

5»/2
a

2

.

Corp

iti%

(Un)

104%

al2% al2%
10%
111/2

J:—;—

Packing

20 Va

781

(Un)

10

a6%

...

200

;

Corp

300

5

■.

9*

Pictures Corp

104% 104%

—1

(Un)__

Co

17%

(Un)

8

7

—50

Corp (Un)__
Corp
Boeing Airplane Co (Un)

Feb

17y4

•

America

230

1

s

17%

17%

(Un)

a38% a38%

...

25

Steel

>

Jan,

29%

Co

Reserve Oil & Gas Co
Rexall Drug Inc

Jan

—

!

Jackson

32%

32V3

Diamond

Byron

Feb

30%

-—

Borg-Warner Corp (Un)
Broadway Dept Store
Budd Co (Un) i

22

Oil

Republic Stee]

—.

5

Consolidated

Bolsa Chica Oil Corp
Borden Company (Un)

1,374

a__

10

Aviation Corp (Un)
8
Bendix Home Appliances Incj—
5
Benguet Consol Mining Co (Un)____50c
Bethlehem

241/8

a__

(Un)_30

Bendix

Blue

■*

15

Pure

High

1,853

Radio-Keith-Orpheum Corp (Un)

14%

Jan

Low

19

25

34%

—J

Range Since January 1

High

33y3c

(Un)

Feb

4

Low

17%

Phelps Dodge Corp (Un)
Pullman Incorporated (Un)

Jan

Ry (Un)—100

Oil Co

Pepsi-Cola Co

Jan

Jan

*

*

—

Barnsdall Oil Co

3%

9%

common——).—10

*

Barnhart-Morrow
Basin

Co

Shares

5U

3%

a33% a34y8
.11

Locomotive Works (Un)
13
Baltimore & Ohio Railroad Co (Un)_100
Bandini

for Week

19

(Un)

31%

a34

Baldwin

Barker

25

High

Feb

Co

225

(Un)

Sa les

Range
of Prices

l

1,185

(Un)_~i_

Manufacturing Corp

a3 Va

3

<

RR

Pennsylvania

(Un)

11%'
14%"

-

Week's

Last

Paramount Pictures Inc

Range Since January 1

20

a3V2

a3 la'

•

(Un)

Atch Topeka & Santa Fe

Friday
Sale Price

100

—

Co

(Un):
(111)

,

3

STOCKS

Low

a2%

1

(Un>

(Un)

Armour & Company

Avco

Co

Corp, (Un)__

American Woolen
Anaconda Copper

MARCH

Par

High

.

&2%

1

(Un)*...;

San

St

&

EXCHANGES
ENDED

for Week

Sale Price

(975)

Sales

STOCKS

Juneau

WEEK

Angeles Stock Exchange
Friday

Alaska

FOR

CHRONICLE

__

__

19

7

31%

8

37

7y4

17%

Jan

6%

Feb

Feb

34% Mar
15

19

Feb

Jan

350

7

Feb

Jan

34

Feb
Feb

83/4

Jan

50

29

19 %

19 Vt

50

16%

Jan

193/4

9%

10 '/a

75)

93/4

Jan

11%

Jan

25

14%

15Va

545

143/4

Jan

153/4

Feb

1

3Va

3V\

1,550

3Va

Jan

3%

Jan

12%
10

10%

31V4

31

32

(976)

COMMERCIAL

THE

&

FINANCIAL

CHRONICLE

Monday,; March 6, 1950

OTHER STOCK EXCHANCES
RANGE

Friday
STOCKS

Par

South West Corp

5

Central 111 Secur Corp common
Convertible

*

Certaln-teed

Products

5
25
4
•
*

~

Chicago Mil St Paul & Psc vtc
Chicago Towel Co conv pfd
Chicago Yellow Cab
Chrysler Corp
Cities

Service

Cliffs

Cleveland

Clinton

20 V

Feb

27b

Jan

20 '8

203 4

600

19V Jen

20%

Jan

Richman

17%

150

10

974

15%

600

29%

13%

13')

13%

1,107

65 Va

6519- 65*8
B

12

64%

260

115

Feb
Jan

Jan

7% Jan
114
Jan

25

12

18 V

11%

30 V Jan

Jan

12%. Jan

100

••

e-

-

28

Feb
Feb

9%

2,iuu

14%.. Feb
•

«5V Feb
8%

Feb

115%

Jan

Joseph

St Louis National Stockyards

12

Mar

1,030

63

Jan

68% Jan

Bears

397

67%

Feb

787a

Jan

32 7 s

33 V

150

32

Feb

337b

Jan

Serrick Corp class B common
Bbellmar Prod Corp_

15%.

Mar

Schwitzer

1,100

14%

Feb

15%

Jan

73%

Jan

78%

Feb

—

43 T,

Jan

46

Feb

Feb

South

36%

225

33 lb

Jan

36%

Feb

Spiegel Inc

6%

200

6 V Mar

6%

Jan

Standard Oil of Indiana—

200

20%

Jan

22 V

Feb

Standard

25

2.300

11%

Feb.

12%

Jan

Standard Oil

6,700

29%

Jan

31%

Feb

Standard

10

17

Jan

20

Jan

10

25 V

Jan

20

Feb

Sterling Aluminum
Stewart-Warner Corp

Sis

Jan

Jan

Stone

Jan

Studebaker

Feb

Sunbeam

121

311,

31%

IT

23

,

17"

28

-50

a

.

1

—

—

Corp

-—

6%

63b

150

28%

2878

175

1

6'fa

5
1

A

.-15

6%

9%

3378
4

601V

77a

7 495

&■:.

-

27 V. Jan

1,250

3474.'

3Tb

1,230

Jan

337 s Mar
3%

Jan

714
30
9 V

36V Jan
4.

Jan

60 7 ,

331

54%

Jan

607s.Feb

Swift

Se

63%

699..

61

Jan

64%

Feb

Swift

Internationa!

30

300

29

Feb

30%

III

;

15

79

Mar

90

Jan

20%

21

"

325

20 V

Jan

22

Jan

Thor

101

Drive

.20

3

Flour Mills of America Inc

10 V

700

10 V* Jan

tl

Jan

Trane

-10

Auto

~5 la

5'a

750

Jan

5174

5

Transportation
Candy class toGeneral Electric-Co (Un)

15

*-

III

Finance Corp common

46%.
7V

-10

Corp—

1

Refrigerator Co

Gillette

Safety
Co

Razor-

(Un)

"

46

46 7 ,

~8%
38 la

67s

Jan

7V

Jan

United

8 V

Feb

-BV

Feb

75

76 V

2,266

68 V

Jan

78 V

Feb

United Light 6c Rye Co,
United Paramount Theatres com.:

18%

697

16%

Jan

e%. :

38

1

2

V

2 1

8

11% Mar

23

28

.

1%

Jan

Feb

Prior

Feb

11V

Jan

Wisconsin

Jan

16

Jan
Mar

147s
25

Jan

23

400

11V

Feb

12%

Jan

5

30%

30V

500

26%

Jan

31V

177s

16

400

117b

Jan

19

Jan

24

24

300

22 V

Jan

24

Jan

1

Werner

Corp
Spencer Bartlett

25 lb

26

250

21%

Jan

26

7

__25

39

V

200

40

37<i

3

1,400

6%
39

Feb

41%

19%

Jan

11%

100

HV- Jan

12%

Feb

167V

267

12 V

18% Feb

Inc

1,000
890

26

V Jan

2974

657*

325

47

Jan

65%

Feb

9

Jan

11 7b

Feb

107V Jan

1274

Feb

34

3774

Jan

36

37

.

Brick

Illinois
Illinois

Co._L

Central

•

5u

32

3%

20

3

Jan

23 la

105

23

Jan

Independent
Indiana

Pneumatic

Inland

Power

Steel

Interlake

Iowa

Power

Shoe

12 V

14%

3,273

9%. Jan

60%

6174

837

5974 Jan

33

33

V;

1374

-•

.:
-

34

50

•

300

Extension

University

Machine
Co

30

23 V

28%

1.20O

Mar

23% Mar

1714

Muter Co

11V

11%

5

1

•50

9%

5

100

5

2 lb

2%

100

2%

6

6

14

50

6

Jan

Jan
Mar

17 V Mar

14%
85

Feb
Mar

Jan

12%

Jan

Mar

6V

Jan

Jan

27 s

Feb

Mar

7%

Jan

10|)

1074

Jan

11%

Feb

50

22 34

Jan

23%

Feb

161*

16 V

300

40

40

6%

*

778

*

51

1

51

1

51

Jan

45%

Jan,

167s

740

137s

Jan

1674

374
374
V r427*

1,500
1,140

20

20

■:

100

20

*

50%

51

250

7

800

11

50

2%
25

6%

24%

6%
14

xl8 V

£18 V
24 V

2%

789

25

100

6%
If

650

674

634

100

33 %

34V*

835

30% Jan

34%

Feb

16

16

ioo

15

Feb

16 V

Jan-

15 V,

15%

650

14%

Feb

15%

Feb

85

85

823^

Feb

85

Feb

,

*

!.

20

.

1174

-

11%

850

1174

Jan

12% Jan

14%

117a

2

1474

150

,14 V

Feb

16

Jan
Jan

5

11

11

100

10%

Feb

14 V

•

80 V

79

80 V

4o.j

73%

Jan

80 V Mar

1978

92%

92%

92%

$1,000

BONDS

Chicago

Transit

Authority 374s

Philadelphia-Baltimore Stock Exchange

612

14%

Jan

17V Mar

161

11%

Jan

13%

Feb

219

12% Mar

1574

Jan

12%

Jan

14% Mar
68 V*

1678

1674

12%

1274

1274

12%

•

14 V

1374

14%

552

2%

64%

6374

Works

Locomotive

Baldwin
Baltimore

Transit

57c

Co

1st

pfd—100

Company

Curtis Publishing Co
Davison

64%

304

62 74

Jan

674

7 V

460

67s

Feb

8

1
13%

I

Chrysler Corp

23%

22 V

2374

135

2174

Jan

24

Jan

•

Chemical

Corp
6t Light

Mar

Jan
Jan

2274

22%

23

1,533

21%

Jan

*

38%

38 V

39

442

37%

Feb

2314
41%

Feb

Storage Battery
General Motors Corp

10

76%

75

76%

2,750

68%

Jan

78 %

Feb

Gimbel Brothers

-5

14%

14%

29

14%

Feb

16%

Jan

8 V

257

774

Jan

8%

Jan

Power

com

Electric

Coal

Lehigh

& Navigation

10

8

8

—1

Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg common

12%

1374

705

11V

10",»

11V

•
50

(Glenn L)
Pennroad Corp

1274

1

Martin

23%

23 V

1774

17

10

Jan

13% Mar

1,603

1074

Jan

11V

24

2,069

21%

Jan

24%

Feb

177a

44%

10

Jan

2,959

16 V

Jan

18

Jan

88

413a

Feb

4574

Feb

36

Jan

39 V

Jan

44%

Pennsylvania Water 6c Power Co

•

36%

36%

37%

Philadelphia Electric common
$1 dlv preference common

*
*

247a

2414

25

25 Va

2574

280

4,170
188

Jan

2374 Jan

25% Feb

24%

Jan

2674

Feb

17

Jan

Feb

Feb

2674

Feb

28%

Feb

30V

Feb

22 V*

Corp
81 Gas common

$1.40 div
Reading Co

preference

Feb

54

Jan

Scott

2374 Jan

common

27%

Feb

49%

51%

Jan

Jan

Bun

Oil

Tonopah Mining

Feb

United

Corp

11%

Feb

United

Gas

2%

Jan

2%

Jan

Westmoreland

Jan

25 V

Jan

Westmoreland

Jan

7

350

2074

Jan

707a

268

66 V

Feb

56 V

57 V

173

5574

Jan

I—I1
13%
20

Coal

93

*

Jan

7074 Mar

60V

% Mar

Jan
Jan

37a

374

2,614

374

Jan

277.)

28:%

1,092

26!a

Jan

2874

21

21%

250

20

Jan

21% Mar

29

29%

228

23%

Jan

32%

43

44

$8,500

41%

Jan

45

Jan

47

3%
28

10

Inc

fa

74

74

"

_.

Improvement,

47

2,000

44%

Jan

49

Jan

—

BONDS

Jan

Jan

22 lii

69 7'a

56%

Jan

6

21%

7074

Co

Jan

23

•
•

6

7

common

%

.50

Paper

9%

14 V

Feb

547b Jan

58%

4

Jan

Feb
Feb

''

•'

12 V

21V

12 V

1,250

11V

Feb

12%

Feb

17%

790

16%

Jan

18%

Jan

28

200

24%

Jan

28%

Feb

374

5s series A

Feb

1178

-1975
1975

Baltimore Transit Co 4s

Jan

II

Feb

18% Mar

21%

515

28%

30%

2.500

16

16

10

13

1,450

•

30! b

2 la

12%

*

•

43

Peabody Coal Co common
57c
prior preferred

_25

Pennsylvania RR
Peoples Gas Light & Coke

~374

100
33 %c

35 V

27

3%

14

4V

9V
19

5

50

43

26%
14

Airways (Un) _2Va
l

Xl2%

343s

26V

*

11

17%

19

6%
16

6%

25
2.378

605
20

7

Feb

11% Jan
24

18%
257b
IK.

10%

Feb

Jan

21% Mar

Jan
Jan

Jan

117b

'

Blaw-Knox

Columbia Gas System

•
•

12

Feb

Duquesne Brewing

5

13

Feb

Follansbee Steel Corp

30 % Mar
16

13%
43

Jan

35!8

Feb

Fort

28%

Jan

Harbison

14 :.

Feb

4V

Jan

Mountain

Jan

11

Feb

National

Feb

2112

Jan

Jan

7

Jan

New

common

Old

$3.50

50

17%
6
1R

Jan

17 V

Feb

16%

Jan

177/b

Jan

429

1277b

Jan

138%

Feb

11V

11V

5,100

Pressed

8%

Jan

Steel

Car_

1

7V

7V

100

7V

Jan

Corp

(The)

:*

8%

Jan

4V

4V

20

4

Jan

4V

Jan

26%

27

•

14%

14%
8V

1

10
1
com—*
5
10
5

1,275

27

Jan

1174 Mar

24% Mar

Fireproofing

2%

preferred—

convertible preferred
Pittsburgh Plate Glass
Pitts Screw & Bolt Corp
$2.50

San Toy
standard
United

Mining
Steel Spring

States

600

26%

Feb

30

15%

3,200

12 V

Jan

15%

Feb

8%

145

Westinghouse

8lb Mar

9%

Feb

Westinghouse

Jan

Corp

Common

Glass

common

voting trust ctfs

Brake
Electric Corp

Air

-•
2o
10
*

1

Low

15%
12 ,s

15%

Jan

Feb

1274

Jan

13 /a

13

,a

500

1174 Jan

14%

Feb

13/*
16 a
22
9
21/a
5 n

14
17

1

2^2

^11
2.0

22

6 <4

25%

,a

,»

•

--

16%
22%
—

22%
5%

9

„5V

—

—

1

—

1

—

1
•

12%

,-a

o ;»
no

—

—

26%
33,4

'

67

66 ,4
38_
3b/*
7" *

38,2
-ii/a

8c

9c

18

■«

6%

6
26
33

,8

,4
/4

*

_

fa-

300

^
1/0

...

2,500

18^8
4

6,8
27 a
34 ,8

14

Jan

V Jan

11%

2574

Feb

•
iuu

100

433

12

Jan

11%

Jan

1774

Feb

2074

Jan

23

Feb

8%

Jan

19%

Jan

4%

54

3.*

9c

High

cO
151
217

21%

25
14%
12 «

--

—

Range Since January 1

High

Pittsburgh Brewing Co-

1,780.
550

27

Mackintosh-Hemphill
Fuel 8upply

Feb

9

2.600

•

Walker Refractories

3%

16%

29ss

Pitt Brewing

2,270

17%

28V

Co

8.500

16

29 V

Shares

Low

Allegheny Ludlum Steel

17 V

•

Sales
for Week

Par

Jan

„b

Week's
Range
of Prices

Friday

26% Mar
18

Last
Sale Price

26 V Mar

136% 138%

1774

Pittsburgh Stock Exchange
STOCKS

137s Mar

Jan

4Feb
32

30

Process




150% Mar

17 V

150%

34

24 V

28%

21V

38.

2,933

Jan

843

150

10

page

Jan

1,019

140

50

see

29%
146V

•
—13

Budd

High

215

Arundel Corporation

150

29 31

Feb

Co

footnotes

Low

34

150%

.100

Mar

26 V

(Un)

33 V

& Tel

American Tel

24%

665

•

For

American Stores

2374

19

26%

(Un)

Range Since January I

High

2-1

25

26 V

America

Low

24

8 V Mar

19%

8

of

Par

*

Jan

30

(Un)

Corp

Shares

Public Service El

77s

Jan

20

Radio-Keith-Orpheum

for Week

2674

56 3b

Co

Radio

Sales

Range
of Prices

Jan

Jan

400

(Un)

Week's

Last

Friday
STOCKS

Mar

18%

Edison

Co

Feb

24

55 7 b

Oil

Oil

93%

17

X29V

Ohio

Pure

92% Mar

75

Jan

2,380

com

Jan

471

12%

3%

(Ina?

7V

17

22 V

13 V

Corp

% Jan.

3874

•

1

Service

6

17

•

Ohio

Public

Jan

31% Mar

37 V

17%

3%

Pepsi-Cola Co (Un)

Jam

23 V

3774

100

12%

<Un>

23 V

Feb /
Jan

7,300

3

550

13%

(Un)

Mar ;

19

200

317s

19

41

250

.

•

Car

20

25 74

1914

30 V

31V-,

Philco

19

27%

Pictures

Feb

Philadelphia Insulated Wire

25

•

Xl7 V

Pan American World

Jan

Feb

51%

3%

Mfg Co

4

42

Feb

Feb

27%

B

Feb

3% Jan
3a% Jan

1674

Feb

X17V

Co

197* Feb50%

Feb

40

44

1

Shoe

Jan

49% Jan
42%

Jan

51

1,380

5

(Un»

16%

Feb

Jan

24

V

10

RR

34%

14

*

—50c

—

1474 Feb

Jan

39

150

27

6%

25

(Un)

8,10(1

46

11

10

Co__

8 V

26%

5
*

7%

100

45 Va

1

Cement

class

13V

12%
85

2314

Bancorporation

Motor

850

11%

common

Central

Paramount

1,400

85

23%

7

Mfg

American

Packard

17 V

13%

85

Car

&

American

Ontario

Jan
Mar

11%

——_—

Tile

16%
12-%

4

Nash-Kelvinator Corp
National Standard

Co

4674

10

Manufacturing common
Montgomery Ward & Co__
Muskegon Mot Spec class A

Brass

Feb

Mar

Jan

Products

Portland

Mfg

41

30

Feb

Modine

Ohio

Jan

500

•

preferred
Minneapolis Brewing

Oak

28%

Jan

7%

•

Hart vtc

Bush

Jan

Feb

39% Mar

14 V

$1. prior

Nunn

267b

31%
33

Jan

Corp —
Midwest Piping & Supply

Northwest

Feb
Jan

Feb

Brick

North

1,600

Jan

377b

6%

Cement—

Food

North

28%

28%
327b

Feb

13%

West

York

50.

6

381

•
•

Mickelberrv's

New

800

Jan

30

5

Co

&

Metropolitan

National

39%
33

4%

700

Libbv

&

Portland

Missouri

312

2,300

—

Field

Miller &

600

6%

Printing Co $3% pfdLindsay Light & Chemical

Middle

6

31%

14 V

Lincoln

Medusa

Jan

6%

common

McNeil

Marshall

15

———25

Co

Preferred

Libby

Jan

42%

1
33V4c

4

Lamson & Sessions Co
&

14

400

30

5

1

Feb

Jan

41%

*
—

Jan

V

2914

600
350

39

1

it

14% Mar
62

1,157

16 V

.

*
—*

Feb

39

28%

100

Laclede-Christy Co
Laclede Gas Light <Un)

Leath

12%

Jan

38%.

•

common-.

Feb

Youngstown Sheet 6c Tube

Delaware

Knapp Monarch Co
Kropp Forge Co common

Landis

Jan

.34%

2314

Key Company

Salle

107b

J°*50

Light—

delivered

preferred

Jan

437»

-X43'IV
■

V

197i

,19

•

43%

50

137*

;

4974

19/
50

*

common

*

30

Kelley Island Lime & Transport

8V

Yates-American Machine capital

Feb

750
•

»'

33

•

25

Electric—

<fc

Kellogg Switchboard

La

5%
31

*

Co

Gas

&

57f

•

delivered

WTien

57c

14'a

—•

a

Illinois

When

14

14 «

•

Harvester

International

12%
37

1

Light

&

12

37

•

Steamship

International
Iowa

Tool

Products

Steel

Indianapolis

24

10

J-

Jan

607s

j

Feb

39%

3%

100

„

RR

7% Jan

595

Sale Price

preferred

$6

Jan

Feb

8IV
,

3674

1

Bankshares

Jan

3%

39%

5

common

187* Jan

Jan

Jan-

5

common

Feb

262

12 V

Corp

Industries

Mar

—50

Huttig Sash & Door

27 V

Jan

3

21 '■>

17b

7%
43

Jan

Mar

—1

Corp

25% Jan

Feb

7%

963

17% Jan

•

preferred

Woodall

Feb

17%

3

Brewing Co

—

Hydraulic Press Brick

2%

6974

2,258

•

Works-

Stores

10%

500,

30'V

__1C

Heillman

Hupp

,

1

Co—

Corp

Hibbard

V

2

Brewery—

Harnischfeger

WIeboldt

66% Jan

Jan

64%

1

interest-^

of

common-.

Motor

500

11 %

(G)

Feb

Steel

650

23

11%

13V

Certificates
8

Feb

1,173

9V

28%.

27'V

(Un)

Co_

200

2 V

dlv

Electric

White

12 V

Towing

Hein

Westinghouse

49 V Mar

Great

Western

Feb

30%

11

Instrument

Van Dor 11 Iron

Jan

15%

Hammond

Feb

Jan

10%

Grlesedieck

38%

24%

151,

-100

Jan

44 V

11

class A

33%

300

15 "2

common

U

490

Dredge & Dock

Cooperage

Feb

49V

Great Lakes

Lakes

Feb

10 V

820 '

Gray Drug Stores

Greif Bros

18 V

Jan

30%
.

without

8

38 V

11%

H>

1.050

Jan

45

26 %r
19 -

8

8
28%.

,16 V

100

87*

10%

12%

(Un)

250

Gossard

(Un?

—

6 V

4814

Graham-Paige Motors

Corp

Inc

15% Jan

Feb
Jan

42% Jan

11%

46V Mar

Carbon

Lines

17

825

12

41V

Air

24V Jan

600

850

Union
United

143,b

Jan

400

117b

Transcontinental 6c Western. Air—
S
20g South La Salle St Corp
—.*

Jan

Jan.
Feb

■

9%

16 V
v

,

2

6c

Feb

167«

.',18%

5

—

(The)

Carbide

12V

Jan

43%

11%

15%

Feb

16

11%

V. 14

TV

2978

-

(W

1,629

.

5%

22

5,500

11%

51% Mar

Jan

500

2,230

16%

18 "b

14%. Jan

46
,

13:V

26%

.23

7

Goodyear Tire & Rubber Co
Co

5 V, Jan

30

lOO

T

Corp

3074

227b

.

Jan

12%, Feb

26%

2,000

26%

deposit
(The).

Co

30 V

.

Jan

11V Jan

Ltd—

17V

76 la

—5

General Public Utilities

51%
.15

Co

8%

-10

Preferred

Glidden

5%

5

Amer

General

Motors

a

Jam

100

677V

Jan

80

of

12

44%

2,670

Is

Co

Co.

10% Mar
41%

450

11
43%
,12

-25

GO

Texas

Jan

—1

29
79

34%

6674

.

Sunray Oil (Un;

Jan

Jan!

9V

—1

Machine Too]

Jan

31

66%

1

6%

425

43.

•

Corp

Bundstrand

16%

5

Corp.:

Corp (Un).

45

32

1
1

(Un)—
Products

Jan
Jan

Jan

10

com

Steel Spring

Container

Ctfs
•

(Ohio)

79

—2

.5 -/

(Un)

Jan

7

26 V Mar

29 V

16 V
16%

.2

62 lb

(Un). —5

Nemours

de

12%

311*

Jan

47«

46 V

Feb

Jan

Feb

13

;

25

Works-

—

J)

40

110

1,000

6%

26%

28%

16%

36%

(N

6% Mar
26 V Mar

■

200

427<r

13%

28 V

Oil

43 V Mar

400

500

22 V

•

Jan

Lathe

550

"

26 V.
5%.

12

-15

277a

Bend

Feb

27

10%

.

43%
29%.

Steel Strapping.
Oil Corp6ocony Vacuum Oil (Un>—

-25

(Un?

Eaton Manufacturing Co
Eddy Paper Corp (The)Falstaff Brewing Corp _

Gibson

1

Sinclair

200

5%

413<

5%

1

Slgnode

200

45

27 V Mar

31V

«

78

%

!

1

.

Co

A

100

...

...

Credit Corp class
Dow Chemical Co

General

Cummins

Roebuck

Jan

2674

1%

3

28

23%

6%.
;

41

,

,

~5%

•

*

—

643

Xl4ce

*

Domestic

General

-—•

com

28

23

■-

Four-Wheel

A

Sangamo Electric Co
Schenley Industries (Un)

44

6%
26 V

High

Feb

1,200

/$

6

43 V

6%
26 V

69%

12

57 a

5

St Louts Public, Service

Low
27

900

42 I

*

63%

50

27,

Power-

&

Range Since January 1

High
10

2%

68

642

12 la

Curtiss-Wright Corp (Un-

General

Light

Shares

27

•

Bros Co
Raisin Paper Co_

River
St

(Unj

6%

,-

common

(E I)

2 V

10

x22V x22 V

—

Co

Pont

750

Rath

1

Continental Motors

Du

2%

Packing
Republic Steel Corp
Rexall Drug
(Un?

16 V Mar

28

*

Doehler-Jarvis

Jan

for Week

of Prices-

-

Low

Par

14 V

28

Co——

Commonwealth Edison

Crane

High

2.500

1

(Un)

Bronze

Inc

Co

Sale Price

16V

44

(The) Co Inc—
Columbia
Gas System
(Un?

Preferred

Low

High

Sales

Week's
Range

Last

STOCKS

Range Since January l

15%

17%
10

Coleman

Consumers

Low

29 la

1

common—

3

214

Illuminating-

Graphite

Foods

,

331

Aluminum- Products

Club

'
16

78

Cleveland
Cleveland

.

10

Iron

$4.50 preferred
Electric

x

—*
2%

Corp

Products

City

Shares

115

Co—

xWARCH

for Week

1

tUn?

Cherry Burrell Corp
Chesapeake & Ohio (Un.r
Chicago Corp common
Convertible preferred

ENDED

Friday

Range
of Prices

1

preferred

WEEK

Sales

Week'u

Last

Sale Price

Central

FOR

Jan

6%

Feb

2

Jan

3%

Jan

14

9%

Mar

Feb

22% Mar

50

Jan

68

Feb

32 V

Jan

39

Feb

3574

Jan

37%

Jan

874

Jan

7

Jan

8c

Feb

11c

18%

Jan

1974

6

Jan

6%

Feb

574

Jan

674

Jan

2514

Jan

27%

Feb

30 74

Jan

34%

Feb

Jan

Jan

:

^Volume 171

Number 4887

-

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK
RANGE

San Francisco Stock
Friday

Week's

Range

Shares

Par

Ab!:ott Laboratories

common..

Alleghany Corp
American

common

Airlines

Inc

Low

_5

Friday

51

(

Range Since .January 1

Amer

Radiator
Tel

Stan

Tel

San

Co

American Viscose Corp
American

Woolen

11 Va

llu

1134

£40

3

3

200

2%

Jan

21

21

160

20%

Feb

(Un)

Co

•

Co

(111)

com

Bandini

Oil

Bendix

Co

cl

A

Fe

Distillers

Jan

National

69%

Jan

322

23

Feb

32

Jan

N

23

30%

Mil

St

Service

Colorado

30%

Jan

North

Amercan

Aviation

39

Feb

North

American

Co common

Jan

38Ve

Jan

North

all% all%

8%

8%

50

a

440

105% 105%

161

104

25

£40

24

6%

2,880

25

25

6%

6

24c

24c

7%

Jan

9%

Jan

105% Alar

Columbia

Ohio

Edison

Jan

Ohio

Oil

2,500

7

715

5%

Jan

7%

Feb

12% al2%

20

11%

Jan

13 %

Feb

46

23c

Jan

a

27c

10% Jan

Oliver United

Jan

Class

I_I"

Feb

Pacific

Feb

Pacific

Coast

12

Feb

Pacific

Finance

42%

503

35%

Jan

1%

—

1%

33%

600

34%

11

9Ve

—1

2.65

2.65

—5

(UnJ-

a28%

1%

990

11

Pac

42 Va Mar

Feb

30%

2Va

Jan

7%

Jan

5,650

2.80 ~

5,362

a28a28%
51%

...5

79

51%

Jan

24%

237

a57Vb e.57%

34 Va Alar
11

2.65 Mar

<Un)I_I-

.

.27%

.

Jan

49 Ve

47

58

Feb

59%

650

4

Jan

5%

Feb

14 Va

680

14

Jan

36

643

53%

17

36

IUlO

(Un-)
Iron

Common

Sys

A__2%

Consolidated Coppermines
Comioudated Edison Co of N Y
Grocers

Vultee

Feb

465

32%

292

32% J&n

2,400

8

a29Ve a29%

Jan

1.40

232

223

27

36

Feb

30%

Jan

7%

Jan

1.80

a68%
—

a29%

Jan

VI

common

Di

Pullman Inc

Feb

12%

a

12 %

16%

Jan

12%

J an

31%

Feb

40

20

21

Feb

43

Jan

3%

3%
30%

443

3% Mar
27% Jan

12%

12%

300

12%

14

43%

44% a44%

.'

E

Rayonier

Jan

43%

Jan

Richfield

Oil

Cement

Jan

14%

Feb

Riverside

6%

6%

350

6%

Jan

7Va

Jan

Roos

13

25

57

Jan

59

32%

j

104

'

14

Jan

3,236

27%

Jan

104

18

102 V*

Jan

a7

50

33

Bros,

33

Alar

104%

Feb

San

Stores

Maurico

302

13

Feb

Silver

3%

3%

574

30%

Eastman

Kodak

Dorado

Oil

Emporium
Emsco

common

&

•

Co

Co
common

Liquidating Corp

5

Food

»

General

Electric Co

General

Motors

General

Gillette

McBean

State

Co

(B

Co

Stores

Oil

Hunt Foods

Independent
Nickel

Intl

Feb

42 %

13% Mar

1%

49

2~1~%

46%

(Un)

13% Mar

Jan

1%

Jan

Southen

Cal

Gas

Co

Leslie

Salt Co

Corp

Co

pfd

seies

Marchant

Calculating Machine
Bancorporation
(Un)

For footnotes see page 28




i

50 Va

Jan

'

,*

'»

58

Feb

140

5

19%

Jan

6

10

14%

15 Va

1,630

a34% a34%

a26%

75

a26% a26%

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6

16%
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Jan

27%

Jan

29%

Jan

12%

20

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__

Mar"/ 1

Feb

Jan

15%

Feb

9%

Feb

100

72

8%

Jan

12%

Jan

Jan

74

73

24%

Jan

25%

Jan

••

290

30%

Jap

31%

531

23%

Jan

26%

Feb

30

Feb

38

39

Jan

20%

653

19%

Jan

21%

Feb

200

37%

Feb

42% Jan

20%

30%>

30%

30%

445

303a Mar

33%

29%

29%

50

28

Jan

12%

12%

12 Ve

220

11

Jan

36%

34%

36%

864

9c

8c

9c

12,300

39

39

39

155

43

43

498

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29Va
8c

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i
' !

297e

Feb

f

13

Feb

36% Mar

Jan

Jan

9c

39

Feb

43

Jan

42 Ve

Feb

43%

Jan

11

11

35%

186

35

Jan

37%

Jan

32

32

160

32

Feb

36%

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20

a—

22%

22 Va

1,485

22

Feb

24

Jan

10%

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.

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Feb

65

12 Va

71%

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j*

Jan

5%

395

15

61

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50

14%

12%

16%

16%

1,504

16

Feb

17

Jan

10

'

11

Feb

11

Feb

a._

t

31

1,670

29%

Jan

31%

Feb

s

35

35

778

34%

Jan

35 %

Feb

27%

27%

j

400

26%

Feb

27%

Feb

5

29

--

a30% a30%

25

29%

Jan

30

Feb

28%

A

25

29

230

28%

Jan

29

Alar

;

34%

35

825

33%

Jan

35%

Feb

1

13%

13 %

2,698

11%

Jan

13 Va Mar

52%

53%

687

50%

Jan

54

a28% a2.9%

175

26Va

Jan

28 Ve

Feb

25

9%

Jan

10%

Feb

34%

13%

•

52

a29%

common

2

Jan

46% Alar

Standard Brands Inc

(Un)

71'/a

Jan

78

Feb

Standard

Oil

Calif

11%

Jan

14%

Jan

Standard

Oil

17%

17%

100

16%

Jan

a

37%

Feb

37%

Feb

Standard Oil Co of N J (Un)__
Studebaker Corp (Un)

21%

Feb

23

Jan

Sunset

13

1,666

68%

75

a 83

%

11

a48% a49 %
2 Va

200

a41% &4l%

50

Jan

McKee

Co

62%

_25
1

iUn)

cap

Jan

69%

Jan

29%

Feb

9%

Jan

;

Jan

26 Va

100

10% Mar

a24

10

a24

25

22%

Jan

22%

&

25

a36% a36%

40

36%

Feb

36%

Feb

Feb

Texas

Company (Un)

25

a00% a61%

185

59%

Jan

61

Feb

44%

Co

(Un)

Jan

48

1% Jan

,

42%

Feb

2%

Feb

Tide Water

2

43V4

Feb

Transcontinental & Western -Air

__

5

Associated Oil

Jan

11 %

Jan

Union

Carbide

Jan

16 %

Feb

Union

Oil

Mar

191/4

Jan

Union

2.75

Feb

10

com

23%
a

24 Ve

2,720

23

Jan

16%

__

16%

17

7,83 6

14%

Jan

17%

Feb

19% ?.19%

50

18

Jan

'•19%

Jan

';;„i
/

24 Va

Jan

Feb

443

2.25

100

51%

53%

1,912

13%

150

a9%

60

5

5

225

1.95

500

17

2.25

Feb

&

Co

of

Carbon

Calif

a37

a37

30

13%

9%
5

a__

Aircraft Corp

United

Air

Feb

.15%

United

Corp of Del

Jan

11%

Mar

1.85
■

9%

10%

1,500

27 %

283

12

12 Va

535

9%

47 %

47%

290

6%

6%

1,050

8.75

18%

18%

•

53 %

9%

Feb
J__

Jan

27 % Mar

6

2.05

United

Gas

Jan

United

Par

10%

Feb

S

(Un)

5

of

int

Jan

13 %

46 Va

Jan

47Va

Jan

4%

Jan

7%

Feb

262

16%

Jan

18% Alar

555

51 Va

Jan

54%

46

Jan

Jan

Victor

Warner
Wells

Bros

Pictures

Petroleum

(Un)

Preferred

Jan

__

13%

13%

232

13 Va

Jan

14%

Feb

27%

27%

171

25%

Jan

-28

16

16%

779

13 %

Jan

3%

120

al8%

>

"■

V'..

-16% Mar

3%

3%

Jan

Feb

3%

31%

al7% al8%

59

al8%al9%

56

23

Jan

23%

Jan

al4% al9%

__

50

20 Va

Feb

20%

Feb

26%

Jan

31% Alar

41

Feb

51%

Feb

Feb

7%

Jar.

30%

31%
51 %

367

7

742

13%

13%

17%

2,961

47Va

6%

—

;

Jan

Feb

17%

Feb

(Un)

Western Air Lines Inc

(Un)

13 %

Feb

16

297

297

298

57

275 Va

Jan

300

1

1.00

95c

1.00

4,300

90c

Jan

1.15

Feb

5%

5%

6

2,625

Feb

6%

Jan

1

9%
a70%

a70% a71 Ve.

a20%

a20% a20%

Jan

47

Jan

Feb

331/2

Jan

7%

29%

395

23%

Jan

18

502

11

Jan

19%

Feb

a25% a25%

80

23

Jan

Westlnghouse Elec Corp 'Unj
Willys-Overland Motors (Un)

26%

Jan

Woolworth

(F

18

41M

Jan

43% Mar

Yellow

Co

Feb

600

100

(Un)

Dept Stores
50o
Western Pacific Railroad Co pfd____100
Western Union Telegraph
(Un)
*

45V4
32

81/4 Mar

5

Western-

Cab

W)

6%

l

common

125

43%

27%

27%

10

Fargo Bank & U T

Westates

250

43 Va

Feb

_1

830

29%

Jan

25%

255

16

•

Oil

Co

32

Jan

45

1,652

3%

(Un)_i

common

Consolidated

Equipment

8%

■

Feb

26

1

32

17%

43

25%

10

Corp

7%
29%

a43% a43%

__

1

(Un)

Theaters ctfs

Corp

a43%

It

Inc

(Un)

Steel

Universal

25

Jan

53 %

45%

Common
U

a—

29

Lines

Feb

Jan

___•

12%

53% Mar
Jan

(Un)

common

Sugar

Jan

49

27 %

17%

66 Ve

175

10%

Swift

10%

1.90

1

538

10%

Super Alold Corp

15

a9%

32

67%

a27% a28%

•—

Jan

573

5

7

Feb

Jan

255

1.95

5

Feb

14%

17

1

6%

Feb

44%

a

11

15

•

23%
64%

Jan

-69%

16%

13%

•

67Va

Jan
Jan

42 5 s

180

Jan

17

2.25

?7 Vis

21%
61

3,022

Jan
.

16

53

198

62%

a43 a43%

Feb

12%
a

10%

»

62%

10

Transamerica Corp

17

a22% a22%

__

__

a9%

67

381

2%

I8i%

a22%

•

35

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•

25

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12%
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(Ind)

33%

22

68%

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22

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4

if

47% Alar

Feb

211

6

.1

41%

5

!i;

Jan
Feb

8%

-Jan

30%

Pacific Co

280

1

Feb

17%
11 Va

220

5%

j

Feb

21

31

Co

1,682

10

Libby McNeill & Libby

Jan

10%

Jan

47%

5

Southern

1,614

1

4%
.■

Jan

47%

5%

/]

35

4.88%

13

3

(Un)

Copper Corp (Un)
County Land Company

Aircraft

%

preferred

76

33 Vis 0
com

n:\\

Feb

(Un>_*

preferred

40%

20

Tel

.Jan

105 % Mar

Feb

17

ao9%a61%

ij

:;J%n

,

.

Jan

1%

cumulative

com

76

•

Jan
Feb

16

5

Edison Co

United

Kennecott

Marine

12%

Mar

6%

Fern

Lockheed

Mar

38

100

12%

Kaiser-Frazer Corp
Kansas Power & Light

Magnavox

10

540

(Un)__*

(Un)

9%

15%

18%

25

3,290

39

1

Exploration

3%

6,125
196

25

10%

13%

IB

46

•

Corp

_*

Convertible

10

38

•

of Canada

Johns-Manville

(Un)

12%

•

2,075
1,055

17

324

5

Convertible preferred 4.48%

13%

♦

Inc

&

(Un)

Jan

10%

*

Car Co

Tel

46% Mar

13%

—

Co

International

303

Southern

Inc

Power

48%

Sperry Corp
Spiegel Inc

_

_5

47%

4.32%
46%

Feb

Sugar Plantation—
Maryland Mines Corp (Un)

Idaho

Corp

Calif

Feb

•

4

10%

*

A

Southern

6%

(Un)

Jan

800

__

Feb

21% Mar

(Un)

101

11%

•

Feb

7%

29%

(Un)__.

(Un)_50

64

Jan

Hutchinson
Idaho

Jan

Jan

Corp

Motor

61%

6

Pineapple Co Ltd
Hobbs Battery Co class B
(Un)

Honolulu

Jan

957

211/4 Mar

Hawaiian

Hudson

6%

aG2% a63%

25

Rubber

(Un)_*

15

Coalition

Oil

29

•

215

:

25%

Jan

17%

__

I

(Un)

_•

Gt Northern Ry non-cum
pfd
Greyhound Corp
Bros

164

a62%

Sinclair

108

common

16

Feb

11%

l

Sccony-Vacuum Oil (Un)
Soundview
Pulp
Co

400

Co

Graham-Paige Motors

Hale

7%

Feb

270

common

Feb

24

15

ry

Feb

Feb

59%

Co

10

&

&

Jan

31

Jan

100

F)

Tire

4

Jan

58%

6%

4%' preferred
Goodrich

Goodyear

Jan

29%

100

29%

common

Ltd

3Va

1,297

King

21V'

Corp

Safety Razor Co

Gladding

Jan

29

•

15

326

17%

15%

10

Co__

6%

Convertible 2nd preferred

Golden

11%

Water

Oil

21 %

(Un)

Paint Corp

Shasta

_2%

com

510

"

,•

Sears

com__10

Machinery & Chem Corp

Foster. & Kleiser

Jan

31

1

Florida Power & Light

8

a59% a60%
7%
7%

a60%

•

Equip

71/4 Jan

Shell

(Un)__10

Works

Capwell

Derrick

FAR

Co

5

250

15

al8% al8%

__

PJO

12%

Pont

}5

3%

aGl%

*

Alining

Santa Cruz Portland Cem com,
Roebuck & Co

Signal Oil & Gas Co class

du

20

8

Feb

•

•

10

Feb

15

A

106%

24%

.__

7.50

Inc

9%

10

Jan

15 Va

14%

S & W Fine Foods Inc

Safeway

13%

(Un»

103 %

1!

54%; Jan

104% 105 %

1

Jan

common

150

—

1

class

Co

Jan

Fields

Feb

Feb

,

common

7Va

Co

52%

10%

•

11%

Bridge (Dm..,
(E I) de Nemour0

484

15

17%

Corp

271

Chemical

53Va

24

__

•

502

Dow

Feb

28

15

25

9

Dominguez Oil

Feb

29%

300

__

(Un)

13%
12%

3 "'a

30%

29%

279

Jan

12% Jan

180

Jan
-Jan

29%

28%

104 104Va

104%

al8%

Reynolds Tobacco class B (Un)
Rheem Manufacturing Co

10%

13

Feb

Jan

Feb

14%

32%

31%

53 %

„_

16%

:

Jan

Feb

29%

105%

common

Preferred

Feb

36%

28%

__

100

30%

Jan

/ Jan

8

Realty common..

Incorp

34%

a36%a36%

Republic Steel Corp (Un)

3j%i Jan

Feb

Feb

35

(Un)__—

Freferred

1,175

a56% a56%

&

America

13%

Dumbarton

El

Com

Railway

Jan

Feb
Jan

Jan

5 %

1,164

•

Keith Orpheum

of

12%

36%

28%

.

'.

Feb

22%

36%

(Un)

Radio
s

Feb

ti
it

.

.Jan-'

Jan

36%
__

7

)

.Jan

4%
21

327/e

•

Radio

—

30%

100

100

8,982

(Un)

Pure Oil Co

a__

50

350

r

Jan

a__

598

16%

a37% a37%

a

17

10

31%

a

16%

11%

1,293

33 Va

1

Jan

12%

5

22%

33 %

_ftO

Jan

24

12

4%

22%

4%

6% Mar

33 Va

33%•

17

a30

all% all%

__

»

77%

Jan

14%

♦

4%

(Un)__l

Feb

66%

Giorgio Fruit Corp A common—„5
Co

Jan

all%

34% Mar

Jan

3%

28

9

Mfg

13 %. Jan

11%

24%

(Un)

1

Doernbecher

Jan

50

«_•

Feb

Jan

"

5

31%

100

Airways

a7

B___

Jan

200

common

*

Common

30

•

15%

Feb

Feb

63%

30%

33

150
1,350

10

68%

8%
35 %

,

13%

5

30

7

comi (Un)

14

31%

3 ¥2

•

Publishing Co com (Un)
Curtiss-Wright Corp (Un)
^

Jan

30

13

_♦

50

Jan

•

Preferred

28 Ve

Jan
Jan

41/2

r

100

31

1

Curtis

Jan

1.40

4%

•

al7

al6%

1

27

Jan

479

a29% a29%

31VI

~_~o

32

100

6%

common

World

Phelps Dodge Corp

1

Motors
(Un)
Continental Oil Co (Del) (Un)
Creameries of America Inc

868

12%

25

15%

a30

12

7,900

a27

6%

A___25

(Un)

Feb

2.00

34%

28

common

2.00

^

Feb

1.80

5

series

Feb

21%

34%

]2%

common

com

Jan

,

Mar

30

10

157 e

64 V»

a68% a69%

—,

(Un) —15

Continental

Crown Zellerbach Corp

American

18%

j

Feb

21%
51

&26%

__

a26%

•

Tel

Jan
,Jan

.18

Paramount Pictures Corp (Un)
Pennsylvania RR Co (Un)
Pepsi Cola Co (Un)

Mar

33%

Jan

Pan

18%

15

Fhilllps Petroleum Co
Pig'n Whistle conv prior pfd
Pioneer Mill Co Ltd (Un)_l_I;
Puget Sound Pulp & Timber (Un)

64%

—

—

120

;

Paraffins Companies

•

13 Ve

20%

25

Service

Motor Co

Jan

10%
40

25

preferred

&

13% Alar

20%

20

al7

a29%

a37%

Aircraft

36
1.00

Tel

Jan

Jan

20%

preferred

Packard

■

Feb

15%

1,101

_1.33Va

Co cap

11%

Jan

8

•

5

Feb

Jan

33%

Public

11 Va

11%

985

Jan

53 Va

14%

28%

(Un)II*

Corp

Consolidated.Nat Gas

_•

25

36%

10%

1.55

2V2

Gas System com
(Un)
Commercial Solvents
(Un)
Commonwealth Edison
!
Consolidated Chem Ind class A

Feb
Jan

75

28 %

*

class

34%
53

195

34%

__20

B

1st

Pacific

Jan

707

500

(Un)

Lighting Corp

.Pacific

Jan

'

al2

_*
100

17

15(b

33%
1.60

25

_____

•

>

212

100

1st preferred

1st

Jan

8V»

1,852

preferred.

red

7%

51

Electric common

1st

Feb

Jan

f

';

Jan

7%
10%

13%

•

$4.50 preferred
-Pacific Portland Cement

Jan

5ne

al2

•

Columbia

Consolidated

&

9%

24%

21 %

1.90

Jan

Jan
Jan

12%

1st preferred

Pacific

51% Alar

lo'/e

10

(Un)

33%

8

Corp

5%

Feb

53%

53%

1*3

(Un)

11%

13

Jan

5%

5%

-25

HI)

n %

12%

16%
22

45 %

Aggregates

5%

Mar

3.25

36

-50

25

954,

21%

'AlTterican Fisheries

Gas

6%

Jan

14%

1

a7%

33

(Un)

common—

12%

]7%

33%

1
10

1

9%

9%
17%

5 Ve

670

17

851

33 %

6%
—

a4%

j

Jan

a7%

Feb

6%

42

18%

90
330

51

(Un)

Co

11%

42 Va

Jan

17%

1

Sugar Plantation

50 Va

Mar

common—.,

Eroadcast

Sugar

Paauhau

Feb

•*„

18%

22%

*

Feb

10

Jan

a9%

•

4%

100

17 Va

17 Va

1

47%

10%

245

22%

Filters class A

45

10%

17%

;

27% Mar

a9%

1

B

2,480

10%

Jan

_*

lo

(Un)__^

G%

5%

58%

24

10

(Un)

common

Co

a46% a50Va

a50Va

—1

(Un)

Cons

Co

FeD

7

—5

—5

___

Consolidated

Oil

25

all % all %

Hi 2%

Oceanic

Feb

25c

6%

Jan

155

Feb

Feb

5%

Oil

Northern Pacific Ry (Un)

a

1

9

55%

27%

17%

•

Jan

American

340

17Va

1

(Un;

Jan

25

&

RR

Jan
Feb

27%

__

•

Central

5%
2.10

Feb

2,000

a9%

Corp—

38 %

common..

com

Service

Jan

16c.

1

29

34 Va

j.

Co

Fuel

Preferred

Y

5%%

common

RR

Preferred (Un)
Cnrysler Corp

Linen

5
1.60

56%

•

(Un>

14

20

1

Products

34

__1&

Paul

j

50

-20

Ry

Feb

200

15c

__

8

34

55%

__

10

(Un)

50

7

(Un)

Ohio

1;

389

1

II"

of
America
Mining Co

Chesapeake &

Jan

301'4

*

;

Tractor

Corp

) 9c

a377e a377e

—13

_

Eureka

Feb

a397-a a39%

.100

(Un)

Celanese

15c

a37"%

3

(Uni

Caterpillar

I6c

•

__

23

—

5

(Un)___

Packing Corp

1

(Un)

Natomas Co

—2

Preferred

Class

City

National

149%

P10

(Un)

Canada Dry Ginger Ale
Canadian Pacific
Ry

Cities

National

Jan

Jan

..

Calitornia

Chi

Feb

56

Jan

Sugar Cap_____.-_....___
Cement Co

Calaveras

Central

14%

Jan

.

Calaraba

Jan

Lines

Jan

56

69%

.2.50

(Un)
—

Corp

25c

Co

Corp

13%
146%

(Un)_100

Corp
(Un)
Boeing Airplane Co (Un)_

Borg-Warner

50

180

5

Bishop Oil Co
Blair
Holdings
Co

Jan

Fibres

2,148

(Un)

Corp <Uni
Benguet Cons Mining Cap tUn)

Borden

284

&

Auto

al50al50%

(Un)

common

Steel

21c

——

Aviation

Eethlehem

Nash-Kelvlnator

Feb

a6934 a71%

*

Petroleum

Basin Oil Co

28,200

__

Jan

Onomea

Locomotive

fcarnsdall

14%

50

Engine.
Wedge Mining Co
Avco Mfg Corp common
(Un)

Baltimore & Ohio RR

3,050

25c

(Un)

Morrison-Knudsen Co

Feb

3%

a71%

20

Corp

14 V4 a

a54% a54%

a

Ve

a 54

•_

Big

Ealdwin

11%
21

14

Imperial Diesel

Atok

Jan

iou Va

(Un)

Atchison Topeka & Santa
Atlas Corp <Un>
Atlas

9%

100

(Unj

Gas

5%
2.10

Montgomery Ward

1

Jan

22c

Jan

Jan

Feb

15%

5%

4

3%

.

11%

1.90

M J

67

High

Feb
Alar

25c

Jan

& AI & M Cons

10%

1.90

3%

Feb

€0

1

Co common
Mindanao Mother Lode Mines

Menasco Mfg

11

__

5

Jan
Jan

3

Low

al2% al2%

PlO

Co. (Un)

52%
25

a3%

1

(Un)

Nat

&

Sugar

Range Since Jannary 1

High

•

Feb

a3%

Archer-Daniels-Midland Co
Armour

McBryde

al2%

Shares

<Un;

Feb

•

(Un»

Anaconda Copper
Mining
Anglo Calif Natl Bank
Arkansas

High

Co

51

1

for Week

Low

1

______

Navigation

National

&

&

Alaison

(Glenn)

22%

110

Smelting & Refining (Un)__»

American

Co

143

t Uni __^

American

Martin

100

3

Sales

Range
of Prices

Sale Price

.

51

3

Week's

Last

STOCKS

Low

10

American & Foreign Power
(Un)
Amer Power &
Light new com

3

a22% a22%

*

(Un)_.
(Un)

MARCH

Per

High

33

EXCHANGES
ENDED

for Week

of Prices

(977)

Sales

Last

Reduction Co (Un)
Alaska Juneau Gold
Mining Co

WEEK

Exchange

Sale Price

STOCKS

Air

FOR

CHRONICLE

23%

8

Jan

16 V*

Feb

15

a

45

a—

1.013

Jan

Feb

100

5%

233

48%

30

_1_

31 Ve

6%
a4%

Feb

9%

5

Jan

Jan

Feb

18

Jan

a__

a49% a50%
a4%

Jan

'

a__

7

;• /

Feb
Feb

50%
5

—:
•

34%

•

'

Feb
—Jan

-

'

'

34

(978)

COMMERCIAL &

THE

FOR

WEEK

Monday, March 6, 1950

MARKETS

LISTED

CANADIAN
RANGE

FINANCIAL CHRONICLE;

ENDED MARCH 3

Friday

Montreal Stock Exchange

stocks

STOCKS

Range

Shares

class A

British

&

Jan

23%

Feb

Noranda

24

25

24

Feb

25

Jan

Traction

High

36>/2

.37

915

34

a41

a41

a4l

60

41

'9

250

8%

10%

Jan

Bank

&

9

350

Jan

9

Jan

14%

2,377

13%

Jan

15

Jan

Ottawa

58

1,210

52%

Feb

58

26%

27

60

26

Jan

27

Mar

8%

Note

Co

7%

1,800

7

Jan

75

75

35

75

Jan

76

Jan

26

26%

965

24%

Jan

26 %

Jan

135

135

135

100

8

135

137

Mar

Feb

25%

26

1,360

25

Jan

26

Jan

39%

39%

4,745

39%

Feb

41

9.10

9.10

9.10

50

22%

20%

22%

34,097

15

15

125

14%

26%

26%

26%

2,955

25%

Jan

2,105

26 %

Jan

27'%

Jan

25

Columbia Elec Co 4%%

Columbia Forest Products

British

Columbia

Power

cl

26%

26%

28%

517

27%

Jan

2%

Jan

3

3

*

19%

18%

19%

280

7%

7%

7%

155

Building Products

•

5

Dredging

6%

Jan

17

3%
29

3%

Cement common

$1.30 preferred

7%.

Feb

Bros

Feb
Jan

29%

1,011
35

38%

Jan

29

Jan

29%

Jan

Feb

12 %

Jan

a99

20

100
14

Jan

5% preferred
•
50
Canada Wire & Cable Co Ltd class B.*
Breweries
•

40%

38%

41%

34

Jan

30%

30%

50

22%

22%

23

2,381

23

23%

285

103

103

85

100

Jan

5,058

Canadian

Canadian
5%

•

Canners

Ltd-

'

1,386

*

'

•

'•

-

20%

20%

23.10

23.10

Jan

Ltd

•
*

common

•

*

1%

12%.

•

$1.00< series
Canadian

23

Feb

24%

Jan

Jan

104%

Feb

class

Class

Canada

Oil

New

Canadian

Pacific

Jan

7%

Jan

New

preferred
preferred

Feb

11

12% Mar
Jan

14%

14

14%

1,895

14

Jan

32%

33

3,914

28%

Jan

33

Feb

39

75

37%

Jan

39

Feb

13

Jan

260

16%

17%

435

9.25

9.35

3,975

104

104

10

15%

2,693

14%

8.80

80

22%

Jan

24%

Jan

Viau

7%

Feb

9

Jan

12'%

Jan

15%

31

33%

772

27

Jan

33% Mai-

15%

365

14

Jan

16

Jan

19

Mar

21

Jan

19

19

60

90

528

84 y2

Jan

52%

53%

19%

90

53%

255

50 y4

Jan

Jan

28

Jan

133

133

3

Jan

133

Jan

Weston

9%

1)

9%

104

22%

22%

23%

395

Feb

25%

47

Feb

48%

120

22

Jan

22 y2

150

915

148

Feb

152

Jan

21%

22

700

20

Jan

22

Feb

20%

21%

150

21%

150

:

191/2

98% Mar
20 j/4

Jan

21% Mar

19

Jan

227/a

Jan

10

Feb

Jan

106

Feb

22%

22%

1.221

9%

9%

570

101

Companies

—

.100

101 101%

153

101%

101% 102%

20'/2

Jan

8%

Feb

101

185

*

20 y4

Feb

150

20 y3

101 y2

Feb

108

Feb

20% Mar

21

Feb

21%

Feb

20%

20:%

255

14%

202

14

5%

5%

30

5%

Jan

14%. Jan
5% Mar

Feb

175.

175

175

5

170%

Jan

7'

7'%

700

6%

Jan

35

a35

9

15 V'4
42%

3,845

24%

24%

17

*

common

Jan

Feb

14

Feb"

15%

36 y2

Jan

42%

320

24

Feb

25

Jan

17%

210

17

Mar

19

Jan

34%

35

1,955

33%

Jan

100

483

99%

Jan

101

•63

64

170

52

Jan

67

Feb

28

28

50

27%

Feb,

29%

Jan

20

Jan

20%

Jan

.100

preferred

7%

99%

35

x_

Feb

175

a—

a._

325

39%

24%'

Winnipeg Electric common-

15

42

common-

Limited

Feb

100
135

a

Jan

.

100 y2

98%

21%

15%

9%

5%

21 y*

.

Jan

21 %

22%

;

8%

Jan

Jan

Jan

98%

21%

Wilsils Ltd

29

Jan

23%

395

& Worts

Jan

22% Mar

Feb
Feb

■

3,402

Biscuit

9%

Jan

■

48

5

8% Jan
•

90

53%
■

7%'

Walker Gooderham

2,209

•'

<

,

Feb

>22

■'

—*

preferred—

Wabasso Cotton

27%

9%

Jan

24%

Corp.

25

8%

Jan

14%

25

91/4

Jan

9.80
104

15%

-*

(Geo)

17%

Feb
Jan

22

-25

28

133

Jan

47%

common...—
:

Tuckett Tobacco 7%
Steel

Jan

•

Tooke Brothers

United

70%

Jan

16

103

Jan

63%

•:

37%

Feb

Jan
Feb

16

Railway

25

16%

215

15%

Feb

17%

Jan

17%

17%

17%

12,155

16%

Jan

18

Feb

9%

9%

108

9% Mar

14

Jan

16

15%

16

280

15%

Jan

16%

Jan

Canadienne

-10

13%

Feb

14%

Jan

Commerce

-10

25%

25'%

25%

270

24 ya

Jan

Jan

Montreal

-10

27%

27%

27%

1.514

27

Jan

28

Jan

-10

41

40%

41%

616

39

Jan

41%

Feb

-10

27%

27%

27%

1,251

28

Jan

20

Cockshutt Plow

•

Coghlin

*

13%

13%

13%

75

5

95

94%

96

3,204

94%

Feb

_*■

25

25

25

225

22 %

Jan

25

33

33

205

31%

Jan

33

Jan

21

21

21%

305

21

23%

6%

-25

preferred

Banks—

.

Jan

(B J) Co Ltd
Consolidated Mining & Smelting;
Consumers Glass
Crown

•

Cork

& Seal

~~

Co

Davis Leather Co Ltd A
Clasa- B

__

Dominion

Glass

common

preferred

Donohue

Bros

*

7%

7%

225

7% Mar

8%

21%

3,365

20%

Feb

21%

Feb

42

43

1,158

40%

Jan

44%

21%

21

21%

150

20

Jan

29%

300

27

Feb

29%

Feb

45

45

192

45

Jan

48

Jan

•

-w—

Corp

Gatineau

Power

22%

26%

Jan

29

Feb

12

Jan

Jan

174

Feb

255

•

28

28

28%

75

•

11%

11

ll7/a

5,307

173

173

30

173

»

15%

15%

100

15

Jan

15%

Feb

23%

23%

25

15

Jan

23%

Feb

3.25

3.25

125

2

Jan

16%

16%

100

14

14

14%

18%

18%

50

14%

14%

15%

602

29%

55

—

—

—

3.25

20

%

29 V2

*

•

preferred

.

Mining

&

_

Smelting

Par

Glove

Acme

Anglo-Nfld

Jan
Jan

15 %

Feb

Jan

18%

Feb

14% Mar

16

Jan

29

30%

Jan
Jan

Jan

25%

3.485

24%

Jan

26%

99%

115

98

Jan

99% Mar

18%

425

17%

Jan

19

Jan

2.90

2.95

200

2%

Jan

3

Feb

18

19%

2,000

17%

Jan

Develop

Atlas

Steels

Auto

Fabrics

*

Ltd

Works

Ltd

Co

Ltd

•

Products

cl

A

pfd

&

Paper

Belgium Glove &

Co

class

Common

Brandram-Henderson

Brown

19%

19% Mar

105

al05

52%

52%

25

52%

Jan

52%

Feb

17%

18

525

17%

Feb

19%

Jan

1.2 %

12%

125

12

Jan

13 %

Jan

36%

37

495

34%

Jan

38

Jan

48%

49

87

48%

Feb

50

Jan

Mar

48

Feb

a

18
'

36%

50

'

'

5

104

Jan

105%

Jan

Pulp & Paper

common

Feb
Feb

10%

10%

375

10

Jan

10% Mar

22

22%

1,225

Butterfly Hosiery Co Ltd

1

10 Va

Canada & Dominion Sugar

*

22%

21"%

Feb

22 y2

Jan

5

12

12

50

10

Jan

12

Feb

*

12%

12%

25

12 y2

Jan

12% Mar

Canadian Dredge & Dock Co Ltd

*

26

26

50

24%

Jan

Canadian Gen Investments Ltd

•

Industries

*

Ltd common

Canada

Starch

Canada

Vinegars Ltd

Canadian

Co

common

Preferred

Paper

common

International Petroleum Co Ltd
International Power

International
Jamaica
Lf.batt

Lake

Public

(John)

Service

Ltd,

of the Woods

Lang & Sons Ltd

common

class

A

25

25

84

4%

4%

125

4%

Feb

16%

17

245

16%

Feb

_•

31%

31%

31%

1,753

31%

144

144

15

7V2

39%

39%

40%

970

•

9

9

9

1,150

•

48%

48%

49

20%

19%

20%

"

11

11

26
5

Jan

Jan

17%

Jan

Jan

32%

Feb

146%

Jan

37%
8%

Jan

41V4.Feb

Jan

10'%

Jan

140

46

Jan

49%

Feb

685

19%

Feb

22 y2

Jan

A_

B




99 100 V2

2%

90

160

Jan

Jan

2.00

80

23%

Feb

8

Feb

4%
2.00

Feb
Feb

57

Jan

59

Feb

50

12

Feb

127/a

Feb

•

a41

10

39

Jan

10%

Food

Catelli

Chatco Steel Products Ltd common
Preferred

3.75

a41

23 y4 Mar
88

Jan

3y2

Jan

24

Jan

100% Mar
3%

Feb

39%

Feb

Jan

14%

Jan

7

Feb

7%

Jan

50

30c

Jan

25

38

12

12%

105

7

7%

100

a30c

a30c

•

Claude

3--—--10

——

Neon

General

Advert

cl

Preferred
Commercial Alcohols Ltd

8%

B—?
100

common

preferred

:*—

Consolidated Div Stand Sec class

11%

Jan

20

Jan

24%

Feb

28 y2

Jan

18

18%

500

18

Feb

19 %

Jan

11

11

75

10%

Feb

11%

Jan

9%

9%

50

9%

Jan

10

Jan

David

8%

8%

55

7%

Jan

17

17

205

94

94

25

17

Jan

8y4 Mar
17

Jan

5%

—

Textile Mllla com

preferred

& Frere

Class

Limitee class A—

50%
55

Jan
Mar

Woollens

Paper

Co Ltd—

Products

Ltd

Kootenay Power 7%
Aircraft Ltd—

Fanny
Federal

y4

Jan

18%

Feb

7%

IV2

25

7V2

Jan

7%

Jan

50

32%

32%

60

pfd—;

Farmer Candy Shops Inc_
Grain class

Fleet Manufacturing

16 %'

16

54

100

30

Jan

34

Feb

12%

25
•

Jan

17%

Feb

50

360

31

Fairchlld

Jan

18

2,125

East

Jan

290

45

Eastern

Feb

50%

18%

5%

Feb

29

37%

18%

45

Donnacona

25

Feb

211

Feb

18%

5%

Jan

Jan

26

1,245

13%

5%

16%

21

70

50%

Feb

Jan

*

Feb

295

26

50%

Feb

19%

13%,

11

•

4,095

25

50%

15%

177/a Jan

965

602

26

50%

Jan

2

7,426

17%

24

50%

15

al5

17%

25

Feb

Feb

19%

17%

13 %

Jan

65c

15

a

125

14%

29

Feb

13%

10%

14%

22

50c

19 VB

10%

Dominion

Feb

Jan
Jan

19%

10%

Dominion Oilcloth & Linoleum

Jan

?*% Mar

Jan

4%

13%

Co Ltd-•

Jan

25 Va

20%

Jan

2%

—*
•

& Worsteds——*

94

20

40

Jan

4.20 Mar

30

384

Jan

1,365

60c

41%-

Jan

Steel

a

40%

21%

25%

a40c

.Feb

2%

160,

40%

94

20%

A__*
——^

:

54

2,656

25%

4.20-

300

54

24%

20%.

4.20

Engineering Works Ltd—*

24%

25%

5

,

2.50

*

B

Dominion

24%
14%

20%

2.35

80c

*

Preferred

Consolidated Paper Corp Ltd—

Consolidated

a33% a32'/*

•

*,

20

Grain Ltd' (R L)

40

page S8.

3.80

al.50

23%

69

Jan

50

Mar

55.

1,184

3.70

al.50

Feb

5%

3,700

Mar

100

Tramways

69

600

59

19

*

Montreal Telegraph

1U

7%

3.75

11

*

Locomotive

a70

12%

100

*

a70

59

•

.

class

Jan

12%

185

100

178

3.75

300

17

Feb

1

19%

*

176

•

common—
Products common

25%

—

3

2

Westinghouse Co Ltd

19

—

al76

Canadian Western Lumper Co

Cassidy's Limited

24%

•

Jan

Jan

143%

Feb

24

Canadian

•

Ltd

see

Mar

18%

Feb

100

19

•

(Robert)

For footnotes

11

25

Jan

21V2

*

Ltd-

Vickers

Canadian

25

•

Breweries

Montreal

Feb

*

Wassey-Harris
McColl-Frontenac Oil

Class

101

11

B

Montreal

Jan

3.70

17%

505

7%

aTO

250

22%

23%

•

Mailman Corp Ltd common
5% preferred

Molson

99 %

—1

Jan

18'%

22%

*

•

—

common

(John A)„

MacMilian Export

Mitchell

40

17

Lewis Bros Ltd

Class

99%

Marconi Company

y2

al76

Canadian Pwr & Paper Inv Ltd com—.*
Canadian Silk Products class A—

*

I5

Utilities Corp

0

26

18%

22%

100

Feb

100

—

International

preferred
Canadian Ingersol Rand Co Ltd-

Jan

25

International Nickel of Canada

7%

26%

100

common

4.00

Feb

Canadian

International Bronze
6% preferred

Mar

4%

Jan

Intercolonial Coal

90

2.50

87

Feb

Mar

104%

32 %

Feb

90

Jan

Jan

32%

110

Jan

Jan

32

90

Jan

Jan

Feb

Jan

3y4

25%

Jan

9

1.50

85%

32%

Feb

92%

29%

29 %

Jan

8

58

55

190

Jan

30

600.

150

415

2.00
45c

3,010

1,320

31

Jan

Jan

100

86

32%

Jan

2.00

26

32%

8

1.85
25c

3.80

31%

30%

25

2.00

31

31

Jan

Jan

98%

257/a

32%

8'/2

Feb

3.90

3iy4

32

Jan

98 %

*

25%

25

7%

Jan
6

1

Canadian Inter Inv Trust Ltd com__*

.

Jan

100

Ltd

Jan

-

60

90

*

Jan

preferred
$1.60 preferred—

425

9

23 %

$1.25

8%

Feb

25

6%

9

14%

99 %

Jan

7

a3.75

9

Jan

99 %

y2

7

a3.75

6%

—

0

Ltd

21%

100

Jan

1,500

13% Mar

preferred

7%

7

13,400

2,865

5%

725

8%

6,668

86.

8 %

40c

13%

_

Jan

8 %

2.00

2.1%

,

16

35c

13%

25

Feb

Feb

8%

21%

100

11%

14%

1.95

21%

——

Jan

475

35c

Imperial Oil Ltd
•
Imperial Tobacco of Canada common.5
Acceptance Corp common
preferred

1,445

1.95

1,425

44

High

11%
15 %

•

A

Company common

Burnett

8 %

*

Columbia

Low

10
15

•

class

45

preferred

Range Since January 1

High

Hosiery Co of Cda—

Bickle-Seagraves Ltd
Brand & Millen Ltd
British

10

•

*

Pr

44

$4,25

Shares

Low

*

B

B

Bathurst

44%

4%

Jan

26

for Week

of Prices

.

5

•

Indust

27y» Jan

v

Sales

Range

Sale Price

Preferred
■

•

—

13%
17

16%

18%

18%

100

I*

Jan

24%

—

Goodyear Tire & Rub 4% pfd 1927—50
Gypsum Lime & Alabastine
«
common

65

15%

3.25 Mar

99%

25 %

Z*

Bridge
Paper

•

'

100

Smith

.Week's

.

Last

Feb

11

Friday

Jan

2,691

34%

•

common

223

Canadian Funds

STOCKS

Jan

35%

21

34

*

General Steel Wares common
5% preferred

Bay

Jan
Jan

20%

34

*

General Bakeries Ltd

Hudson

19%
33

21

.*

1

preferred

$2

.

45

25

*

Heating Products

20

20

Montreal; Curb Market

./V

Class

Power

4%%

Howard

Royal

21 % Mar

29

—

Jan

25

Nova Scotia

20

Jan

20%

42%

•

Famous Players Canadian
Corp
Foundation Co of Canada
Fraser
Co
common

Hamilton

Feb

21 y4.

__I_I*

Eddy Paper Co class A preferred
&

Mar

103

_•

100

—

Ltd

East Kootenay

Enamel

*

•

—

Dryden Paper

Electrolux

_

*

Dominion Steel <fc Coal class B
Dominion Stores Ltd
Dominion Tar A; Chemical common
Dominion Textile common—
7%

*

>

•

Distillers Seagrams
Dominion Bridge
Dominion Coal 6% preferred—.—.
Dominion Foundries & Steel

■

Jan

12'A

12%

9%

i

8%

Cardy Corp class A

■

100

23%

—___—

common

20%
23.10

old

23%

II—H*

Jan

5

24 %

common

Steel Co of Canada

Zellers

Canadian

Jan

99

2,075

47%

•

Power

Standard Chemical

28

*

63%

68%
alOO

Feb

*

*

8V2

B

17%

Feb
Mar

50

Co

Press

23%

Canadian Locomotive

Jan

12%

Voting trust certificates
*
Simpson Ltd 4*/2% preferred—100

25

Canadian Fairbanks 6% preferred—100
Canadian Ind Aiconoi class a,
*

15%

—*••

common

pfd—_20

A

preferred

83

31

com

Canada--;

of

25

Converters

Canadian Cotton 6%

16%

67

100

Jan

39

I,

46

15%

common—*

preferred

Jan

20
22.90

2,485

15%

Jan

Jan

15

IIIHI25

:

12%

149%

Jan

42%

16%

1

preferred

Williams

Southern

Feb

23%

32%

20

Canadian Celanese common
$1.75 preferred

11%

Feb

14J/e

9(30

Thrift Stores Ltd

Class A

149%

12%

■■

Canadian Car A Foundry common-

10

200

alOO

*

;

1

Sicks Breweries

Jan

Jan

57

1,450

68

49

common—

Sliawinigan Water & Power

41% Mar
32%

Jan

102%

55% Mar

46

preferred—_100

preferred

4%

Feb

26%

'47% Jan

14%

16%.

*

Corp
preferred
preferred

Series A

Feb

14%

1

100

Lawrence

Southam

22 %

30

149% 149%

172

45%

Power

19% Mar

30% Mar

140

20

cumulative preferredA

23

IIoo

Jan

11%

19%

30

25

'.I

9.50

29%

55%

Feb

33%

34

55%

1st preferred——99

Feb

2,032

Feb

—

Saguenay Power 4V4%

2nd

Jan

Jan

45

Mills

Jan

35%

26 y4

Royalite Oil Ltd

2nd

Feb
Feb

22

175

197

155'

—•——100

;

24
71,.

'19% Feb'

47

Provincial Transport

St

Jan

.

46%

Flour

8.50

17%

•

66%

11% Jan
21 Va Mar

Jan
Jan

175

Paper

30%

all% all%

*

:

19%
22

26%

Co

preferred

Quebec

Feb

—*

common

& Co

Fqb

9

175

Corp of Canada

4%

43

Jan

*

River

Price

Jan

Feb

*

37

26%

Lawrence

505

35

100

common

1.220

Lawrence

910

a97%

Bronze
preferred

19%

St

8.50

19

5%

3,320

19%

St

33%

•

Canadian

70

19%

Jan

8.50

20

Northern Power Corp
Canada Safeway Ltd 4V4% pfd.
Canada Steamship common

69%

Feb

33%
8.50

•

Canada

20

11.

High

Jan

•

Development

Jan

19% Mar

Jan

6%

Ltd

preferred

Sherwin

Canada

2,648

28%

100:
& Power

Placer

1st

352

»

Jan

100% Mar

Jan

~3

Bulolo Gold

15

Jan

2%

*

;

100

15

3.815

reb

27%

Jan

Feb

22 %

Jan

2.90

2.85

A—*

Bruck Mills Ltd class A

19

100% 100,%
2.90

9.80

9.10 Mar

28%

*

...

Ei

26%

pfd_100

Corp

B

105

2i%

23%
69 %

•

common

Powell

Jan

*

British

ii%

20%

23%

•

Light Heat

Penmans

Power

39%

_•

British

'

21%

*

Page-Hersev Tubes

Feb

8

75

26%

*

-

9

Mar

8%

26

Power

Low

•

Ltd

9

*

Light

American

Mines

57

25
Ltd

Range Since January 1

Low
36%

Car Corp
Weaving

Wire

14%

*

Teleg preferred

Bruisn American Oil common
Preferred

Class

22%

•

Mines

Class

2,760

Steel

Niagara

58

Power & Paper class A

Brazilian

Feb

«9

100

Telephone

Bralorne

24%

14%

•

4%% preferred

Bathurst

Jan

Ogllvle Flour Mills
7% preferred

pfd—25

Asbestos Corp,

Tel

National

21%

*

Aluminum Co of Canada 4%
Argus Corp Ltd, common

Bell

High

6,178

•

—

Associated

Low

High

•

Agnew-Surpass Shoe.
Algoma Steel
Aluminium Ltd

Shares

—•

common

National Drug & Chemical common—-5
Preferred
5

241/4
23%

*

-

for Week

'

Range Since January 1

24

23%

Sales

Range

—-25

Breweries

preferred

23%
22%

23 7/a

I£o

preferred
Acadia-Atlantic Sugar

4

Low

*

$1,50

7%

for Week

of Prices

Par

Power & Pa«per common

National

Sales

Last

Week's
of Prices

:

Par

Week's

Sale Price

Abitibi

■

Sale Price

Canadian Funds

Friday

•

Last

-.-V.;

■■

■

Jan

55

Jan

Jan

41%

Feb

9 7/a

Jan

10y2

Jan

16 Va

Jan

18

Jan

5 y4

Jan

6

Jan

Jan

45

39

'

38

Feb

5

1.80

1.80

625

1.40

Jan

1.80

Feb

1

35%

35%

35

35 Va

Jan

36 y4

Jan

A„

*

10

*

Ltd

1.25

1.20

.

10

50

9y8

Jan

10 y2

Jan

1.25

200

1.20

Feb

1.75

Jan

Volume

171

Number 4887

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(979)

CANADIAN
RANGE

Friday
STOCKS

Week's

Range

Co

of

Canada

Freiman Ltd (A J)

class

Shares

Low

*

A

common-

alO

alO

15%

15 %

15%

135

14%

12%

12%

250

11%

Feb

3.50

3.50

110

13%

13%

25

13%'i

Metal

Industries class A_>,
MacLaren Power & Paper Co——:.4'
Maple Leaf Milling Co Ltd—
*._!*
Maritime Teleg & Tel
preferred

Maxwell

conv

Distilleries

Mersey

Paper

of

Co

Canada

Minnesota

'

&

I

Montreal
Moore

Refrig & Storage
Corooration Ltd

Mount

Royal

Mar

27%

Jan

35%

Jan

40

Feb

9%

Jan

10

Jan

13%

10?

18%

Jan

18%

252r

18'A

Feb

ft'1.8%

a

.18%
27%

6%

27%

100"

27%

6%

450

5

5

25

11%

25

10%

'

e-

-

*•

■

54

A

18%

Jan

Feb

18%

:

-

Jan

28%. Jan
*•.•>7'*
Jan

6% Mar

•""5

Feb

5

* Feb

•

Feb

11% Mar

50

Jan

54

85c

Jan

54

25

1.00

1.00

2,000

18%

18%

535

17%

Jan

a35

a35

15

35

Jan

35

Jan

76

76

195

75

Feb

77%

Jan

325

9

Jan

10%

Feb

;

*

"~
10%,

10 %

10%

Mar

1.05

18%

Ltd__^.

11

100

110

•11%.

14%

a

Power Corp of Can 6%
cum 1st pfdllOO
6% n C partic 2nd
preferred—50
Purity Floor Mills Co Ltd pfd—40
Reitmans (Can) Ltd common..—
*
5% redeemable preferred

!r ~

Feb

class

City Rapid Transit Co
Union Gas of Canada Ltd!

preferred

C)

~

Central

~

Mines

Jan
Jan

51%

Feb

16

74

15%

Feb

17%

Jan

11%

100

11%

Feb

11% Mar

14

Jan

16

71c

43c

2c

115,400
1,060

2c

12,600

53c

Feb

Fields

Corp

7c

Feb

lie

Jan

2%c

Jan

3%c

Jan

2.05

1,000

4%c

6,620

4c

69c

69c

500

63c

6'Ac

2.26

2.43

5.00

5.20

28c

.

34c

8%c

6c 8'Ac

5i/aC

4%c

10%
96c

7c

6.20

6.20

Ltd

Mines

Ltd——

Cons

Gold

13

6.20

Jan

Feb

11

Jan

Jan

29c

Feb

66c

Feb

82c

Feb

19%

Jan

5.25

Jan

4.30 Mar
4c

500

140,400

370

Jan

9c

Feb

6c

Jan

8%c

Feb

12%

Feb

53c

Jan

12 %c

Feb

7,200

45c

Jan

14'

Jan

54c

Mar

22%c Mar
83c

Jan

45c

Jan

Feb

2.80

Jan

1.82

Feb

2.00

Jan

1.13

1.13

100

3.75

3.75

600

a30c

a30c

200

32c

:

1.13 Mar
3.05

Jan

a

10 %c

12c

1.87

1.87

1,000

1.87

Feb

5c

4,000

4c

Feb

1.98

400

1

5c

"

1.91

1

ific

16c

6,500

17c

2,500

5%c

8c

65,700

2%c

3c

7,000

1

2 30

a22% a22%
8%c
9c

35c
v

Ltd—1—

81c

56c

Ltd——_I_l

50

2,200

9c

9%c

2.25

2.35

3,600

64c 67'Ac

6,500

65c

2.

•

7,500

1.25

Feb

4.00

10 %c

1.91
16c
5%c

2%c
19
7c
9c

1.92
57c

Feb

Feb

Mar

Jan

12c

—

Feb

1.90

Jan

5%c

Jan

1.98 Mar

9c

Mines

class

Bell

Jan

23%
14c

Jan

Feb

Jan
Feb

14c

2.35

68c

class

Ribbon

Corp preferred

Bobjo Mines
Bonetal Gold

Jan

82c

Mar

2,300

52c

Feb

62c

Jan

56c

60c

7%c

500

2.55

2.64

10,700

2.32

Feb

2.69

1.20

Jan

1.25

4,300

1.20

Jan

1.36

Jan

55 y4C

_J

3.30

3.45

500

31^

3 %c

4c

10,000

8c

8c

1,000

54c 55%c

40,300

6c

Jan

7%c Feb

7%c

Feb

54c

Feb

71c

Jan

Feb

3.50

Feb

2.99

1

*

3%c Mar

Petroleums

class

*

1

_I°

;

1

see

•
41

page

38.




H'
^0%
4C

4.25

3.95

a7.05

4c
1,56
'

•

2.85
•

*

A

South Brazeau Petroleums Ltd——

footnotes

3.90

H*
1

Ltd

Ltd

]__•

1,400

3.85

a7.05

50

7.00

4 %c

1,500

4c

Feb

4.70

Feb

8.25

Jan

Feb

5c

Jan

Jan

class

Brazilian Traction
Light
Brewers & Distillers of
Ltd

(name

Canada

Columbia

British

Columbia

Class

'

Jan

13c

Jan

49%c

Jan

Jan

31c

Feb

14c

7.000

9c

Jan

15c

Feb

56c

18,200

53c

Feb

62c

Jan

15

15

285

13%

Jan

15%

Feb

9c

9c

9%c

3,500

7%c

Feb

1.36

9%c

Feb

1.35

1.42

10,000

1.28

Jan

8%

1.70

Jan

8%

8%

2,230

7%

Jan

8%

Jan

12c

12c

600

6c

6c

9,000

4%c

Jan

12 %c 13 %c

1,700

12c

Jan

1,359

3.10

'

6c

3.25

3.15

3.25

7%

7%

18c 23%c

14,225

10c

8%C10%C

10c

10

22 %c

15,200

—

27%

27%

Jan

13c

Jan

7%

Feb

6c

Jan

24c

Jan

27'/a

Jan

3.45

7'% Mar
18c

Jan

7%c

14Vac Jan

Feb

1,102

27%

Feb

Jan

10%c Mar
28%

Jan

20c

26c

48,900

26%

26 %

205

•

24c

41

6%

6%

54c

20c

1.54 Mar

Jan
Mar

65c

Feb

31c

Jan

24%

Jan

26%

Feb

6'/4

Feb

7%

Jan

155

12%

12%

13%

675

12%

Feb

14

Jan

39%

39%

40

7,504

39%

Feb

41

Jan

24c

Feb

31c

4c

Jan

5c

6%

Jan

1

29

%c

29 %c

41

■I:I

31c

4%c

4%c

7

7

7

*

2,300

12 %c

51

35

51

12 %c

Jan

7

Feb

Jan

...

.

52

Jan
Jan

—

13c

•6,000

12c

53c

62c

39,742

39c

Jan

62c

Feb

2%c

60c
■■

2%c

500

2c

Jan

f3c

Jan

10 %c Mar

119c

Jan

10 %c

•

11c

vv

2%c

"3,000.

.

500

2%c

1

14c 15 %c

21,600

9.40

9.50

35c

40c

Feb

14c

2,010

2,800

15c

Feb

3c

Mar

Jan

25c

25c

Jan

Feb

10

Jan

Jan

9.35

40c

Jan

16%

16%

2,180

10

17

Feb

26.60

26.60

27

4,546

26%

Jan

27

Feb

22 Vb

20%

22%

34,550

19%

Jan

22% Mar

16%

Jan

Ltd)

3%c

3c

3%c

2,700

26%

625

100%

100 % 100%

3c

11,422

26%

35

•

2.90

2.85

*

•

2.90
11

27%

.27%

99%

Feb

23%

215

28%

3%c Feb

Jan
Jan

1,700

11

28%

28%

Mar

25%
26

1,310

11

102

Jan

3%

Mar

273/4

Jan
Jan
Jan

Jan

11%

Feb

29

Jan

Feb

Jan

3.00

2.90

3.00

1,000

Jan

3

22c

21 %c

23 c

20.866

21c

Jan

27c

60c

60c

62c

25,000

50c

Jan

62c

Feb

19%

19%

19%

375

17%

Jan

19%

Feb

7%

7%

7%

110

6%

Jan

73/4

Feb

Feb

19 %c

Jan

14 %C

-

12c 14 %C

2.00

2.00

5%c

—

33%

5%c
34

'

1.92

Jan

16.500

8c

Jan

11c

Jan

1,500

;■

5c

Jan

6c

Jan

Jan

310

30%

16

195

14% •Jan

27%

27%

130

26

Feb

17

Feb

19%

Jan

•

7.10

6.95

2.76

class

Preferred

Canada Wire & Cable class A

5c
45c
10c

Feb

Mar

58c

Jan

Jan

12c

Feb

3.25

Jan

120

42

Jan

42% Mar

94

34

Jan

383/4

Jan

29%

29%

29%

540

29

Jan

30

Jan

11%

2.62.

3,100

•'

11%

55

Feb

11%

Jan

22

22

35

19%

Feb

50

50

50%

135

47

Jan

52

Jan

11%

Feb

12%

Jan

34

Jan

37

Jan

24%

Jan

11%

11%

11%

161

34%

<14%

75

21%

21%

22

1,310

19

213

101

196

Jan

21:0-

19
40

17%

19

38%
<

41%

83

2,159
■

83

892

40

30%

31

150

9%

9%

9%

25%

25%

*

22%

22%

•

20

20

1st preferred
Convertible preferred

20

23.10

HIH*

common

20
common

13

14%

preferred

Canadian Indus Alco "A"
voting

83

30%

Jan

33

Feb

11%

Jan

26%

Feb

22%
26

I__*
•

9'/a Mar
25

Jan

,

41% Mar
Mar

22%

Jan

23%

Jan

1,106
2,278

193/4

Jan

20%

Jan

22%

Jan

23.15

19%

Jan

20%

11

Jan

13

590

*

1,490

;

Feb

Jan
Mar

14

14%

440

14

32

323/4

815

29

Jan

32%

Feb

39%

115

37

Feb

39%

Feb

22%

Jan

15

Jan

69

23%

25

26

26%

100

24 V#

Jan

27

Jan

4.90

•

....100

Mai-

Jan
Jan

°

25

common

20%
13

19

33%

-1,205
,

23.10 23.10

11%

Jan

Feb

i

H*

Dredge

715

23

215

39%

*

25

25%
20%

20%

•

A

14

Feb
Mar

22

80

125

10

common

12%
;

Jan

213

*

Commerce

Jan

63/4C

2.89

I-HHIBo

Breweries

Feb

8.35

Jan

7,000

Jan

35'%

—

Canadian Locomotive

6.95 Mar

34%

9

of

14c

42%

•

Canadian Bakeries

Canners

Jan

35

„

Bank

7c

6,100

«

Canadian

8

100

B

Canadian

Feb

HIII*
inn-

Canada Permanent
Mortgage
Canada SS Lines common

Jan

2.76

•

A

Feb

42%

—

_lo

Class B

Feb

16

7%

6,690
5,275

48c

34

30%

35%

__

•

7.10

6%c

45c

«

common.

21,500

10%c 10%c

preferred-HHBo

A__

400

6%c

*

•

270

7%

10c 12 %c

10c

18

7%

--

•

Power

Jan

15%

*

.11—HH20
class

2.25

27%

H_Hl

B

12c

3,435

Jan

15%
*

1111111111111

class

2%

36,700

2.25

8c l0%c

•

H

Canadian Celanese

50

10

;

Jan

1

'

•

1

27,400
;

26

1

Canadian Food Products
Preferred

Feb

Jan

Jan
Jan

53c

1

Canadian

10c

22c

77
20c

13 %c

»■.'

26%

Oils

Canadian Car

Jan
Jan

11c

15

■

•

com

I

Jan

41c

40,500

75

54 %c

18

Jan

1,500

20

2,549

27 %c 29 %c

28c

5o

HHH.

4.85

5,500

76

20c

Jan

HHl.

7%c

41c

Jan

700

•

A

Mar

11c 11 %c

8

56c

HI

class

4c

41c

Jan

75

1

New

23 %c

7%

15c

—

9.45

Preferred

Jan

500

Mar

HI

Jan

4.20 Mar

7%

Jan

41

Lake

Jan

18c

Jan

40

1

1.18

5,800

22c

Jan

H HHl
HHl *

13%

33,000

Feb

Jan

—__H"H*
HH •

Feb

56,500

17%c

1

Feb

20c

2,000

7%

11111111111—•

1.01

4.40

Feb

18c

17 %c

26%

Preferred

Class

28c

10,500

26%

Oil

Calmont Oils

Class

Jan

7%

14%c

Calder Bousquet
Calgary & Edmonton
Callinan Flin Flon

Foils

12c

22c

•

Burrard class A

Canada

4%c

Jan

B

Calnorth

Jan

2,000

1.16

IIIIIH25

Burlington Steel
Co

Feb

3 %c

4c

19c

changed

Building Products
&

32c

t

4c

"1

& Pwr

Ankerite

Class

Feb

38%

Buffadison Gold

Burns

18c

21 %c

*

Bruck Mills class A
Class B

Red

Feb

5.300

38%

Porcupine

Buffalo

27c

—

150

*

Dominion

Broulan

Jan

25c

10%

93,700

B

British

4.75

Feb

56c

Products
Columbia Packers class A
Columbia Power class A

British
British

10%

4%c

Mar

Feb

9.60

816

Forest

IOO

4c

71c

3.80

535

4%%" pfdllllOO

Elec

4,443

4.20

Jan

8,700

25

11

19 %c

44c

3.95

10%

39

common.

1.05

Feb

27,800

3.80

10%

1.53

_

Breweries

1.88

1.88

Jan

71c

—

j

British American Oil
Preferred

1.45

Jan

Jan

10c

64c

41

Lake

1.05

1.22

Feb

65c

Feb

17c

1.34

A

Brantford Cordage common
Preferred

10%

10,400

20c

Jan

7c

3.90

14%c Jan

5'Ac Jan

Jan

55c

2%c

Packers

36c

16c

2,000

2,500

j

Canada

Feb

3,800

56c

"IIIIIH*

Bralorne Mines
Brand & Millen

British

Jan

Mar

38%

Boycon Pershing
Boymar

Red

27

8%c

.

Western

57% Mar

Jan

55c

II-H—HHl

Vancouver

Jan
Feb

41

>

Bordulac

Brewis

13%
52%
26

16 %C

II

u

H_
HHl

Gold

Northern

Jan

835

1.51

I

Iron Foundry
Malting

33c

1,015

27

»

Bidgood Klrkland Gold—HHHH
Biltmore Hats common
II

Canada

69c

14%

57%

38%

,

Gold

Canada

1,360

550

56%
26%

28

Canada

10,200

Jan

<■

HI.'

Jan

82c

Jan

25c

1

H

Feb

35c

—_1
.

A

Bros

Bevcourt

Jan

33c

80c

Jan

10

HI
HH

Mining

Power

Feb

Jan

Feb

Jan

23c

1111111111—*

Ltd

Bread

5c

70c

1,750

]n

III"

Telephone

Blue

6,600

70c

10

I

Cement common

2 60

8c

HHl

B

Eteatty

Feb

80c

""III—II

Toronto

Metals

Jan

9

23c

*

-%

Mines Ltd

Class

Jan

Jan

8c

1

HH

A

Bagamac Mines
Bankfield Consolidated
Bank of Montreal
Bank of Nova Scotia

Bathurst

8%

Feb

55c

7%c

55c

HIHIIHHHi

Co

225

Mar

14%

1

Aunor Gold

Base

I

H*
.!!!„*
HI— I—HIl
I
IIHHHl

Aumaque

Barymin

8%

75c

%

17c

HI

Yellowknife
Aubelle Mines

of

Jan

8%

;

Atlas

Bank

4%c

27

"""Hill
IHlO

(1937)

Steels

Fabric

40c

1,000

1

H
Hardware class A

Atlantic Oil

Auto

60

3,575

5c

23c

*

Ascot Metals Corp

Athona

•104

•49c

14 %

1

Armistice

Ashdown

«

High

40c

75c

14%

Gold

Canadian

Pan Western Oils Ltd-.

For

Warrants

Arjon

Canada

{oq

Omnitrans Exploration Ltd
Pacific Petroleums Ltd

Superior .Oils

Preferred

Canada

Jan

105

—HI
•
-HI—
•
I__I_HI I*
IIIIIIl
HI*
HHl
H
1
~ H_ •
",
_fb
HIII

common

Jan

7%c

_i

Consolidated Homestead Oil Co Ltd

Co

Corp

Jan

77c

v

IIIIl
Hi

Gaspe Oil Ventures Ltd
Oil

Argus

Campbell Red Lake
20%c

Jan

Low

103%
41c

1

Feb

a__

102

II"

Mines

Feb

2.60

90

Anglo-Canadian Oil Co Ltd
Calgary & Edmonton Corp Ltd

home

Area

80c

1,100

Jan

II

Oil

Jan

Oil StOCKS—

General

Canadian

65c

gc

"

Anglo

Buffalo

1,200

25

pnTflrred "25

Canada

Anglo-Huronian

Feb

4,500

Feb

—1

Anglo Rouyn Mines
Apex Consol Resources
Aquarius Porcupine

13%

1.95

Feb

24

Larder

Jan

2.70

23%

530

8%

_

Nepheline

12

1.85

24%

100

-1

Buffalo Canadian

2.70

——II

Ltd

American

Jan

1

United Asbestos Corp Ltd
Upper Canada Mines Ltd.:

Amalgamated

Jan

;_I

•

24%

I

"

American Yellowknife
Anacon Lead

3.30

ill

Ltd

of

66%

1,000

Feb

Jan

24%

22'/8

Ltd

Co

Jan

1 957

50C

Mines

Aluminium
Aluminum

Jan

80c

24%

2,945

I

3.00

40c

~~1
Ltd__-JlHIIIIC 1

Cons

-62%

900

Jan

23%

57%

Pacific

10

12%

21%

22%

__1

Algoma Steel

1,100

38c

Ltd—IIIII*"1

(1944)

Alberta

3,500

80c

Co

Ltd

Akaitcho Yellow Knife

Jan

3.10 Mar

2,495

23%

Oil

3.25

Feb

24%

5c

&

3.10

3.05

High

23%

•

II

Uranium Mines
Gas

Range Since January 1

Lotc
24

Agnew-Surpass

Jan

17%

400

54c

Jan

21c

85,500
4,800

19c 22%c

Jan

10

150

12%

*

Ltd—1

Acme

to

6.20

1,800

18

9c

1

Mines

Co

Acadia

3.05

III

Ltd

Mines

Feb

500

Shares

_«

_

'

3.20

Torbrit Mines Ltd!

Westville

Jan

7c

5.30

i

_

Sherritt-Gordon Mines Ltd

Mines

10c

4.50

.

Mining Corp Ltd

Sullivan

2.43 Mar

Feb

Feb

l

~

Santiago Mines Ltd

Trebor

Jan

3%c

71c

t

Labrador Development
Quebec Manganese Mines Ltd

Mines

Feb

60,500

4.45

I

class A

a62% a62%

1—"HI*

Quebec

Mines

22 %c

~

Pitt Gold Mining Co Ltd
Preston East Dome Mines
Ltd—

Gold

Mar

Feb

54c

Pato Cons Gold
Dredging Ltd—_
1
Paymaster Cons Mines Ltd
„_Ll
Piccadilly Porcupine Gold'Mines Ltd—1

Stadacona

63c

6c

12%

l_i

Standard

Feb

Jan

1

—

Ltd—

Mines

Jan

8c

Jan

8%c

Hi

Sladen-Malartic

Jan

20%

42c

7%c

r-.

O'Brien Gold Mines Ltd

Miller Mines

25c

Feb

Feb

-7%c

5

Osisko

Rochette Gold Mines

Jan

Jan

common.

Jan

28c

18

59c

89c

Jan

2.22

5,200

71c

51c

Jan

16c

27,198

ggc'

Jan

11,550
21,500
18,500

27

22%c

2.20

5%c Jan

53c

9,500

25 %c

4.30

Feb

6c

3,085

8C

Mar

'

10%

~f

9c

18c

"6,000

10%

7ic

Jan

17%

7,000

22'A c

Feb

31c

Paper

Preferred

Bonville

1.000
^

63c

c

Feb

2.05

60

"l
*

5%c

4c

21c

HI"~1
_

96,500

al8

^ 20

1*33

1

New

Goldvue Mines Ltd
Normetal Mining

Jan

55 %c

l

Mines"

Mining Corp of Canada Ltd
Nechi Corns
Dredging Ltd

14c

20c

1

Ltd

Feb

22c

]~~i

Ltd

6c

al8

g3C

1

Ltd—

Mines

10,000

6'Ac

1

Gold

8%c

■"

__H.

Macdonald Mines Ltd

Mclntyre-Porcupine

Jan

*

20c

5

Ltd

Malartic

Feb

7c

-.-'1•

I

Cockshutt Gold

4c

Jan

2.05

4c

1

Mining Corp

MacLeod

Feb

'

1

1

Goldflelds

Mar

4c

9c

Ltd

1.53 Mar

3c

7c

_i

Co

Jan

20c

8%c

Ltd

Jan

61c

500

7,500

Mines—

Feb

3c
!

Mar

2,500
57,000

al8

Ltd

1.20

71c

5,000

9%c

1

Ltd

Jan

5c

2%c

—________i

Silver

Feb

3c

8c

IIIII1

Fortune Gold Mines

Siscoe Gold Mines

Mar

19

'

Acadia-Atlantic

Mar

25

26c

2 %c

(1945) Mines Ltd—_
Lake Shore Mines Ltd

Quemont

:

-:20c

8%c

1

Mines

8,500

2%c

Ltd

Yellowknife

•

Feb

56c

1.53

l

Lake Rowan

Quebec

100

55

i

4'Ac

"""•

Gold

Gold

Gold

Jan

Jan

6c

1

Mining & Exnlor

Crow

30

12%

54c

"1

Joliet-Quebec Mines Ltd
Kerr-Addison Gold Mines

Pickle

Feb

1.40

1

Ltd

Knife

Mines

Feb

36

Feb

3c

—

Mines

Lake

16%

Feb

50

_1

1

Formaque Gold Mines

Wasa

Jan

29%
52'A

64c

23c'

_l

Louvicourt

14%
36

16

4%c

•

Sullivan Mines
Ltd_—HUHl
Eldona Gold Mines Ltd

Lake

Feb
Jan

355

1

East

Lake

35c

11

330

1

Ll

Mines

Dulama Gold Mines Ltd—
East Malartic Mines Ltd

Labrador

Mar

641

'5417,0'*

Ltd.—&IH"Hi

Co

Dome Mines Ltd
Donalda Mines Ltd

Mines

Jan

9

for Week

.20

&

$1.50 preferred

Atlas

55

2c

•

Mining

Cortez Explorations Ltd

Jaculet

Feb

25

71„

Ltd—. 1

Cadillac

Duquesne

Cons

16%

51%

153!

Cochenour Willans Gold

rioinnger

Mar

21

}

1

Candego Mines Ltd
HI
Cartier-Malartic Gold Mines Ltd
Centremaque Gold Mines Ltd—.

Yellow

Mar

45c

51

•

Lake Gold Mines "Ltd
s Lake Gold
Mines Ltd
Bouzan Gold Mines Ltd

Giant

116

Power

Barnat

Mining Corp Ltd

Gold

Feb

a

20c

1

16

Beatrice Red

Sol

Jan
Feb

a__

150

H—H41

Mining

19%

\."-

Bob

El

750

Lt^.

Metals Corp
Barnat Mines Ltd

Cournor

Jan

11%

Ascot

Consolidated

16

a34

29%

54%

v

'

Feb

13% Jan

v

2

a34

■:

05

5

Ltd

Jan

2

_o
_

Ltd

Consolidated

2,000

9

1,000

29 %

100

Breweries

Feb

41c

•

16

"'

«

48%

113

9

9

<

Feb

15

67

■

54%

18%

25,102

25c

110% Mar

Feb

45c

al7

Jan

Jan

116

16%

Feb

15

13

18

25c

V

7%

Feb

17%

1,050

15%

*

__

Base Metals

25

19%

42c

~_5o

A—1

Mining Stocks—
Mines

Feb

15

355

"•

Anacon Lead Mines
Arno

48'A

14

48%

114

41

com

United Securities Ltd
Products Ltd
(j

Jan

18%

Ltd.—4"

Westeel

Windsor Hotel

Jan

53%

18

41

United Amusement
Corp Ltd class A
United Corporations class A—
United Fuel Inv

Wilson

109%

al7

(Cant

Twin

Canada

4

160

54

13%

A^

Transvision-Television

Western

Feb

■

Feb

11%

Jan

13%

19%

Ltd

Co

5%

-10

48%

45c?

11

111% Mar

Jan

800

14

Southern Canada Power
6% pfd—100
Investment Co Ltd
Standard Paving & Materials

10%

14%

II

20

Feb

7%
a

53%

Southmount

11

111% Mar

25

110110%

■

Russell Industries Ltd

Stowell Screw

11%

7%

*

■

11

111% 111%

'

Abitibi

Jan

National

Grocers Co Ltd—
_«
Nova Scotia Lt & Pr
6% cum pfdJoo
Nuclear Enterprises Ltd__%
Orange Crush Ltd
I""" •
Paul Service Stores

Sales

Range
of Prices

Par

Feb
Jan

30*

—

•

_

3%

14'A

a9%

18%

LtcL—HIIII41

Mills,

Jan
Feb

26

_

'

common—"

_

Rice

Jan

115

»

5

12%

13

11%

'

.10

Co

!

805*

H

Week's

Last

STOCKS

15% Mar
.

27

__

Friday
Bale Price

a__

—

3%

Exchange

Feb

40

1/

«

1
Paper

a—

29 \a

26

io

Ltd_

Ltd

Ontario

10
'

Toronto Stock

Canadian Funds

Jan

40

"

»

com—H41

Limited

—

24%,

a9 %

.

pfd__20

1,099

,

•

preferred

Mica

„io

.

6%%

Ltd

Melchers
6%

1

Co

27%

40:

common—lo

7%

3

High

Jan

12%

Paper Co Ltd com—♦
Insurance Co
io

Massey-Harris

Low

27

41

Hydro-Electric Securities Corp
4'
Inter-City Baking Co Ltd:
1—100
Int

MARCH

Range Since January 1

High

27 %

Great Lakes
Halifax

MARKETS

ENDED

for Week

of Prices

Par
Motor

WEEK

Sales

Last
Sale Price

Ford

FOR

LISTED

4.90

70

43/4

Jan

6

Jan

69

Jan

71

Feb

69%

20

9%

8%

9%

260

22%

223/4

233/4

115

22% Mar

67

8%
CM

rv-

Jan
Mar

23%

93/4
29

Jan

Jan
Jan

35

36

COMMERCIAL

THE

(980)

&

LISTED

CANADIAN

Monday, March 6, 1950

MARKETS

for week ENDED MARCH 3

range

I

FINANCIAL CHRONICLE

v

r

Friday

Range

Shares

Low

•

8%

100

Canadian

Pacific

Canadian

Canadian Wirebound

class

16%

Jan

18

Jan

31

Jan

33

Feb

Gwillim

102

102

10

101

Jan

103

Feb

Gypsum

27

Feb

9% Mar

13%

Jan

Jan

1.45

Feb

1.30

1.30

1,700

2.50

2.50

2.53

3,415

2.20

Jan

2.60 Feb

1.09

1.07

1.13

15.200

1.00

Feb

1.52

16c 21 %c

7%'C

9c

12

13

8%

8 Va

100

1.19

29,200

6c

5,200

1.30

8,400
1,500

—

—

1.09

-80c
1

5%c

5 Vac

1

1.28

1.25

_

13c

13c

—1

Jan

Jan

8c

14 Vk Jan

10%.. Jan

"25

1
Preferred
Cocfcshutt Plow

III

—

Jan
.15% Feb

,11 Vac Feb-

37c

Feb

50c

Jan

15C

25

Mar

15% Mar

1,072
2,400
225

1.40

15c
1.15

16%

Jan

18c

Jan

1.50 Jan
1.15 Jan

Feb

1.00

850

24c

20c

24c

198,196

13c

Jan

14c

Mar

8c

8c

8 Va c

10,260

8c

Jan

10c

Jan

1.00

Mines

Ansley
Astoria

Lebel

Consolidated

Mining. & Smelting—

I

Consolidated Press

-

['■it/ Class B

A

——

.

:

v^Onwest

Exploration

"•"Craig' Bit

Huron to Erie

Jan

Industrial

Feb

70

6,500

60c

Jan

90c

Jan

Mar

5c

Jan

4c

6,000

4c

60c

4,900

55c

Feb

62c

Jan

16c

12c

Feb

26c

Jan

96V4

12,822
3,631

6%

100

Jan

103

94% Mar
6% Feb

6%

Feb

1.75

Jan

220

1.50

Feb

320

160 ¥2

Jan

1.09

1.11

2,700

1,08

Jan

1.26 Jan

Jan

8% Mar

Cfoinor1 Pershing

Crowshore

Oils

-i

|;

Detta Red Lake

f

Dexter: Red Lake

-i

Discovery Yellowknife

-i

f; Distillers Seagrams

—

Textile

j

DOnnell to

■■

East

[

I

Economic

■

,

Ltd_

1

.;

-1

Jan

7c

Feb

26c

Feb

36c

Jan

27

-

—

42c

Feb

30c

Jan

20%

Jan

21% Jan

17%

Feb

21%

Jan

205

26% Mar

27%

Jan

21% Mar
29 V*

21%

50

2014

Jan

28

29%

134

26%

Jan

Feb

825

7%

Feb

2,005

19 Va

Jan

22 Va

Jan

34

34%

680

33%

Jan

36

Jan

50

11

Feb

12

Jan

174

25

173

Jan

175

Jan

10 y8

10 V*

100

10

Jan

11%

63c

98,350

52c

Jan

63c

54c

Mar

9% Mar

9

Feb
Jan

23c

13,800

6c

Feb

9%c Jan

He I2V2C

18,150

11c

Feb

14c

Jan

5»/4C

6,000

4c

Feb

6c

Jan

23c

9Va

9

21c

20c

23c

169.200

6c

6c

6%c

;

Jan

15 V4 c

9%

50

iiy8c
23c.

5c
23c

24c

8,700

2.26

2.48

51.500

2.45

5.15

5.00

5.25

30,425

5V4

5V*

55s

460

48

48

55

153:,

<■

Investment

.25

Ll:

28c

Mar

2.05

Feb

Feb

45%

5.30 Jan

Feb

5%

Jan

2.48 Mar

Jan

4.40

International

Bronze

Powders

International Nickel Co

Jack

Feb

Fittings Ltd

v;

Class

Jaculet

Mines

Joburke

,

;i

Jollet

6%
48

'

Gold

Jan
Feb

'Class"

Jan

21

Jan

23%

Jan

13% Mar

,14%

Jan

26

25%

26

389

4,800

4c

Feb
Feb

32%

32%

40

God's

8

8

25

7%

Feb

8

10%

1,000

9%

Jan

12

40c

42c

3,700

Jan

49c

Jan

17 Va

Jan

25

17

j

.Goldcrest

17

80

110
15

101%

Jan

3,145

31 Va

Jan

144%

144% 144%
9

5%c

Jan

38

143%

Feb

146%

Jan

960

8%

Jan

10%

Jan

8c

192.000

5c

Feb

8c

Feb
Jan

1,000

16c

Jan

21c

7,236

20c

Jan

30c

2,828

20c

Jan

30c

Feb

4%c

Feb

15c

Mar

10c

Jan

12c

Jan

66c

Feb

82c

Jan

6c

Feb

10%c

Jan

27c

25 Vac 25 Vac

15c

39,783

10 %c

11c

5,500

66 %>c

70c

37,240
9.104

,

.

Feb

7 V4 c

60

65

770

43%

Jan

65 (

Feb

5c

5c

500

4%c

Feb

6%C

Jan

1

18 Va

18

18%

1,715

\17%

Feb

19%

Jan

Feb

65c

Jan

6

7c

55c

1.31

2,000

50c

1.25

Feb

1.44

500

11 %C

Jan

14c

1914

Feb

19%

300

4.45

3,030

10c 12%C

4.35

19%

4.25

.19%

<

10.400

.

11%C 11 %c

■

—

;

56c

1.27

56c
1.29
■'

;

111,500

3%c
1.06

1.10

1.20

32,400

9c

385,300

3c

31c

31c

Feb

32c

3,150

9c

12,059

13

1,455

52 %c

52 %c

Jan

Jan

17c

Jan

12%

Jan

Jan

5.30

Jan

7%c

Jan

20

4.25 Mar

8c

Jan

1.34 Jaa
Feb

9c

43 c

Jan

9c

Mar

14%

Jan

5%c Jan
12%

Feb

50c

Jan

64c

Jan

54c

14,450

1.90

2.00

2.00

8,500

1.90

Feb

2.40

Jan

6.60

138

6.25

Feb

7.35

Jan

3c

1,100

2%c

Feb

4c

6,000

4c

5c

40,000

4%c

Jan

16%

290

15%

Jan

19

19
78c

1.25

1.34

25
1,200
10,325

3%C

A—.

1.23

—1
•

•

•

B

1

Goldfields

Lynx Yellowknife

a

—_—+

MacDonald

Jan

16

Jan

Jan

36%

Feb

Macho River

Jan

10%'Jan

-

4c

1,500

;

,

■

5c

4,500

56 %c

54c

58c

18,920

31%

31%

31%

191

30 Va

30%

4%c

__

30%

140

22 %C

16c

23c

408,300

19c

16c

20c

30,400

Macfie Red Lake-

34%

-

-*3VaC Jan

Jan

4%c

4%c

Long Lac

14%

35 Vs

35 V*

35%

535

1G

10

10

400

120

2.43
8

120

121

170

5VL'C

6c

4.200

2.15

2.47

19,675

9
117

5%c
2.05

124

Jan

2.90 Feb

Jan

8

8

20

7%

Jan

.12%

12%

100

12 %

Feb

6%c Feb

Jan

^an

8

12%

19
74c

5c

Jan

Jan

Feb

82c

Jan

4%c

Feb

19 Va

Mar

1.15

Jan

7c
17

Feb

Feb

1.34

Feb

Jah

6c

4%c

Feb

7c

Feb

45c

Jan

62c

Feb

31

Feb

32

Jan

30V4

Jan

31%

13c

Jan

23c

Mar

13V»c

Jan

20c

Mar

Jan

14,012

44c

Jan

80c

6%c

17,000

5c

Jan

7c

Feb

10%c Mar

17c

Jan

10% c

10% c

11c

7,100

3.20

2.90

3.25

126,334

8%

8 Va

8%

1,085

Madsen Red Lake Gold Mines—

3.05

2.99

3.10

McMlllan

Class

Export class

B

Magnet

Feb

Malartic

—

Gold

9%4

A

-——

60c

3.15

3.35

12,750

2c

2c

2%c

8,500

15

16

475

Eastern

27

27%

1,566

24

Jan

29%

53c

2,790

8%c

Jan

14c

Feb

Maple Leaf Gardens

99

50

98

Jan

99

Mar

87

20

87

Feb

91

Jan

Maple Leaf Milling
Maralgo Mines

2.25

2.38

5,890

2.25

Feb

2.60

Jan

92

92%

30

18%

181 %

18%

240

107

1G7

107

105

105%

110

111

55

110

Mar

111

Mar

2.85

2 85

200

2

Jan

3

Feb

—*

1.05

1.05

200

1.05

Jan

1.05

1.05

1,200

1.00

Feb

*

18%

19%

523

105

105

12

6.10

6.20

—1

615

7c

16 %C

l

95

91% Jan
17% Jan

Jan

19 •'/' Jan

Jan

6,197

17%
105
6.10

Jan
Jan

Feb-

107%

Feb

Gold

Marcus

Jan

3c

Jan

Mar

16"

Feb

Martin-McNeely

.

1,25

5c

—

#

Massey-Harris common

3%c

■

(L)

preferred

Mclntyre

19% Mar

Feb

6.60 Jan

McKenzie Red
McLellan

McWattcrs Gold

Milton Brick

1.30

12%

:

—

—

4,000

15c

Feb

17c

Jan

Mining Corp

—

1,500

6c

Jan

8c

Feb

Model Oils

—

6c

Jan

Modern Containers common-

4c

4VDC

8,324

3%c

Jan

52%

53

85

52%

Feb

10%

Jan

3.35 Jan

Class

A

Monarch

7c

Feb

Moneta

5c

Feb

Montreal

Jan

Moore

53

101/4

1.700

10

Jan

16

1,890

14%

Jan

42

43

60

40

Jan

10%
'16

43%

9%c Feb

Feb

——-—

Locomotive

Feb

Mar
Feb

9c

3,050

8

5V+

5 Va

1,100

5%

Jan

4c

4,400

3c

Jan

1.25

1.30

1,600

1.10

12%

12%

1,615

12 V.

1,000

■

9 Vac
6

•

Jiin

Jan

"Jan

4c

Jan

Jan

1.35

Feb

Jan

13%

Feb

•

35c

35c

31c

Feb

37c

15%

16

235

12%

Feb

16

17%

18

275

16%

Jan

13

Feb

11

Feb

•

II*
125
1
—

1

r

Feb
•

Feb

12

C

III

Mosher Long Lac—

Mylamaque Mines

.

Jan

60c

-

16

—

Corp common—_—

Preferred

6,100

•

18

Mortgage to Inv—_

-

15 a8

9%c Mar

Jan

35c

——

Porcupine

v

9c

—

5%

Mills

Be

'

Jan

67

'

•

Feb

'

3%c

Jan

7%c

Jan " •!

3%c

16%
100

Feb

36c

Jan

51c

8c

Jan

Jan

Jan

1,000

32c

2.51

61%

8c

8,350

4%c

Feb
Jan

8C

36c

4,700

300

Jan

13%

8c

Red Lake

McMarmac

Mercury

Feb

63

Jan

97

115,500

Mid-Continent Oil

Feb

50

54c

Jan

5c

1,342

100

6c

28% Jan
17
; Feb

Feb

9%c

—

Feb

4%c

14%

17

53c

—

65c

1.700

30

6%c

-

^—

Mar

7c

<

Jsin

25 Va

Jan

9C

Lake

Gold

57c

5i,4c

27% Feb

62%

63

Porcupine

7,800

16 %c 16 %c

3 Vac Mar

21%

Jan

8%c Mar
15 %c

Jan

1.20 Jan

105%

-

10 Va

Jan

275

17

14.

.100

3%c

3,500
2,915

28

99 Va

14 ¥4

common

24%

17

17

—-

Preferred

5c

24%

27%

24%

——20

Preferred

McBrine

15

1

—

59c

2,700

42

2c

9% Mar

57c

15,450

15%.

Jan

13 %c Mar

7%c Jan

5c

*

Feb

3.45

80

5%c

2.74

•

J-"!

60c

Jan

49,700
10,900

Feb

5c

»

Feb

Jan

15c

Jan

2.65

4c

Jan

10

2.95

31c

9%

6c

5c

—-

3.15

8 %c

2c

5c

1

8%

Feb

4%C

3,500

2.70

—50

Jan

13%c

2.200

*

;Gqldhawk Porcupine
] * Goldora Mines

Jan

7%

15c

7c

l

■

3.25 Mar

9%

8V4C

Vac

7c

—1

Jan
Jan

2.76

9%

8c
■

2.70

Jan

—1

32 %c

1

2,11

Jan

—1

2c
C8c

2.33

Feb

13c

805

10,800
186,140

55c

Goldfields
to

10

3.30

Consol

99

2^5

2.45

Mlnes.

—

MacLeod-Cockshutt

,87
2.35

10,556

60c

5%c

2.53

Mines

12 %c

27

2.55

52 %c

—1

Mines

Feb

92 y4

1




Jan
Jan

9 Va

10c

1

745

—

38.

28%
103

V4 c

Lencourt Gold

15%

•

page

Feb

5c

l

15

Gold

see

Feb

60

—

15

Gold—

For footnotes

31%

16

26

Jan

1

f'! Gordon' Mackay class A
I'll-Great Lakes Paper common—
0 " Preferred /k

Jan

32%

31V*

Leduc-West

Jan

—1

•

Feb

27 Va

31%

:

class

4.60

common—

Goodyear Tire preferred—

Jan

■;

16%

78c

& Jones

61c

[ ij
-

40c

Jan

16

Jan

—___■*

-

100

102% 102%

4c

Feb

—

('. Gold Eagle Mines
M i .Golden Arrow
t \ ■ Gulden- ;• Manitou

31

27

Mines

"U"

4.20

___—

/Goldale Mines
f

31

31

10 %

Secord

38c

1

Lake

30

31

Lapaska Mines

2,832

Globe Oil
.

32 % Mar

10%

■

'Glbhofa GOld

32% Mar

3c

1.190

•

,-GiJIies Lake

Jan

6.60

42c

__100
—-100

Giant-Yellowknife Gold Mines--

3c

Jan

•

—

4.40

•

Preferred

27

323i

12%

Mining

41c

100

General Steel Wares

Feb

32

Cadillac

Class

25 Va

Jan

4%c

Gold

Louvicourt

32

Jan

6c

4.30

—100

—i

30%

1,450

31c

4.35

•

—

480

8,092

14

Feb

—

Jan

100

A

31
21 •%

13%

1.13

Gold

MCColl-Frontenac

1) ••>•

307-a

12 %c

Jan

21 % Mar

Feb

Feb

Mines

La Luz Mines

Leitch Gold

Jan

124

29%

Mines

Shore

Lawson

Jan

'3c

Jan

21%

Lake Rowan (1945)

Larder

47%

Jan

32%

Lake Lingman

Laura

Mar

2c

325

1

Dufault

Lapa

44

121

210

Labrador Mining to Exploration— —1

9c

•

common.

157

1

9%c

com

General Petroleum

2,700

1

17,500

*

'General Bakeries

2,055

15%c Jan'

4c

Labatt ( John) Ltd

Wasa

Jan

Feb

7%c Jan

32%

1

Lamaque

Feb

11 Va

JO

31%

Lake

8%c

•

_.a——

30,700

18

31

.'

8"sC

Exploration

v-5% % preferred

2,285

8%c

8%c Feb

Jan

3%c

Loblaw Groceterias class A-

V

10%

Jan

31%

•

Lake

Jan

7c
16 %

250

14

Kirkland Townsite

Lake

Mat

31%

Kirkland-Hudson

Lake

60c

10c

_a

——

Kerr-Addison

Laguerre

Feb

—Zi

^

Gold

Kirkland

Jan '

9 %c

Jan

6c

31%

Mines

Lexindin Gold

Feb

1,000

70c

Little

Feb

7%c

4o

a

Kelvinator
Kenville

58c
*

'

Feb

*

124

Quebec Mines

Feb

X

—-

Feb

5,000

11c

Feb

preferred—..——100

Gatineau Power

6c

7c

14 %c

Jan

•
—100
l

Gair Co preferred*

Jan

2%c

25 %c

43c

common—

"•'?; 5%" preferred

39c

31

Ltd

16%'

Fold .Motor class A
Frbncoeur Gold

f 'Frpbisher

Feb

17 %c 17 %c

50 %c

j>

iFraser. Cos

;

22c

•

21%

(1939)

_•

j \: Freiman (A J> preferred

4;020

44

Gold

Manitoba
v.

Jan

23c

Feb

25 %c

*

A

7c

2 Vac

Mining———

Jellicoe Mines

Macassa

?'

4c

Jan

8c

Jacola Mines

Jan

——

!} Fanny. Fa,rmer Candy Shops
\ f1 Federal Grain common
j I .•'•-•. Preferred :
1; Federal Kirkland
|| Federated .Petroleum
:

Jan

6c

17%

9

Feb

Mar

3%c

500

10%

5%c

Jan

8c

2,500

6 Vic

122

-100

15%

6c

3%c

4;S

Petroleum

:.28c.

21

47c

2 Vac

common-

89,638
2,479
50

Feb

2,400

8c

Jan"

30c

-

86,500

10%

Mar

11

2,700

60c

7c

42c

Jan

"

8%c Jan:

8V4C

Gold

Waite

10

Mar

Gc

•

35c

—X

Nickel
I f* "Famous Players

pfd

Preferred

International
Jacknife

26% c Jan

Feb

Jan.

5c

60c

lioo

28c

21%

42c

—.

34c

21

-

15, Falconbridge

.5

__6

Preferred

36 %c

63ic

15,500

-

150

5 %c

1

115

8¥26

10%

5c

*

19,750

8V2C

399,530

—25
:

46c

-1

42c

33c

10 %

Feb

2

•

A

16%

—

14% Jan

Feb

32%

preferred
5%
conv
preferred
Ingersoll Machine class
Inglis (John) to Co_
Inspiration Mining

43c

-1
,

13%

Feb

6%c

$1.60

43c

».

Jan

13 Va

1

16Z
,

11%

270

I

32

common-^

preferred

-I

-1

325

14

25

-20
.

12 Va

.100

Acceptance

Lake Fortune

174

62 %c

12%

8% Jan

8%

20%

11 Vh

Feb

60c

1

common

convertible

$1.25

Kelore

7%

10 %

1 %

17%

Jan

20 %

—

Eureka Corp

6c

1.000

-1

Mines

Empire Brass class A

V

7,000

Zi

El Sol Gold

! i

1.80 Jan
67c

1.60

■

Eddy Paper class A

|j

Feb

26%

5 V4C

j; Eldona Gold
i ...El; Pen-Rey

Jan

Feb

2,340
1.350

•

;,*lder, Mines

5

Jan

16c

Feb

12c

40c

20,150

•

Steel

7c

29 %C 29 %c

24

21% Mar

20%

l

Leduc

Eastern

2,000

37c

—*

a

| ' East. Malartic Mines.

100

42c

18%

..100

;

Sullivan

1.60

2.000

34%

East Crest Oil

-

-

12c

11 Ya

Duvay Gold Mines—
.,
■
.
: ■' •
EastAmphi

\

325

21%

21%

——•

II. VZ
5

Jan

27

-25

... .

Mudge -class

j

Jan

42c

21%

common

——

j. Oipatnq Gold Mines

13c

Feb

18

29

rKmalda. Mines

•

Jan

23c

8%

|^Dominion'Woollens
,.

10c

4,700
—^

21

.25

Dominion Steel to Coal class B_
I 'Dominion Stores

Preferred

6,200

29c

35c

lift

■

{

7%e Jan

18

| ^Dominion Magnesium

{¥■Dominion

Z

37c

•

Dominion Foundry to Steel

(

58c

Jan

21%

-3

| vDonde Mines Ltd..
| > Dominion Bank
| fDominion Coal preferred.—.—

Jan

Jan

7c

13c

3,040

Jan

50c

40c

40c

-i

—■

Feb

2,700

12c

•

—

17c

10,000

21%
•

-i

,

9%

Feb
Feb

56c

1.60

Z-»

:

6%
9%
13c

7%c

12c
■

21 Va
i

Delnite Mines
j*Del Rio

2,025

1,330

6%C

A

j

i

1

—

:

100

15c

28c

12e
•

Ltd:

9%

7c

'

—.

Petroleum

Decalta

8%

Jan

165

5lc

1

Davis Leather class

i

15c

1

Davles

i

1 'Z-

—1

Patricia

;} D'Aragon Mines

\

8

9%

14 %C

8%

l%c

7c

Indian Lake

Feb

5c

9%

163

—1

4%c Feb

7 Vac

-10
Imperial Bank
Imperial Oil
_•
Imperial Tobacco of Canada ordinary-5

66c

1.50

ZIo

;

Jan

...1

Bay Mining to Smelting
Hugh Malartic

Feb

1.50

common

Preferred
Crestaurum Mines

4c

1

Feb

1.10

—

5,500

—1

International Metals class A
i

27

4%c

«-

Feb

160 Va

—

.100

—.

Feb

4c

6%>

Hudson

4c

161

-

Consumers Gas

20

3%c

Hosco Gold Mines——

8

6%

94%

_

200

22c

Hollinger Consol

51c

'

class

20%

Hinde to Dauch

806

94%

Oro

Jan

24

20

—

—

1,500

59c

60c

Consolidated

19%

Feb

Lake

Heva Gold. Mines

29,000

1

Feb

15

41 %c

HighlandiBell
Hignridge Mining—
Highwood Sarcee

62c

4c

j >: Consolidated Howey

17 Va

50

41c

Gold

8%

14c

Homestead

■

325

15

5%c

67c

67 c

;Consolidated Duquesne

18

15

10 %

4%c

8

17%

14

Gold Mines-

60c

60c
—

Feb

12%

Gold

4%C

8%
Mines

Jan

6c

1%C
•

4% preferred
Consolidated Bakeries

19c

Jan

1.50

Feb

1.00

Mar

25

Mar
Feb

1.39

Feb

14 %

Jan

165

1.25

2.32 Mar.

Feb

2.01
14

235

25

Feb

4%c Feb

15c

38c

15%

16c

1,000

Hedley Mascot

Jan

1,000
18,175
V
55

5,350

Harding Carpets

Heath

3c

2.32

Hard Rock

Feb

Jan

1.40

vCOniages Mines

^•Consolidated

Jan

Feb

Feb

16c

Harricana

Jan

Feb

1.21

1.21

Cadillac—

16c

Cotton

6c

2,VaC

14%

Hamilton

1.78

14%

15c

Commonwealth Petroleum

Beattie

Jan

4c

Bridge

Feb

1.15

150

15%

■

Central

7c

4%

4%c

Halcrow Swayze
Halliwell Gold

Hasaga Gold
Headway Red

4,000

25

'

'

Consolidated

43c

9,029

High

Jan

15

Preferred

Feb

15 Va

2.05

•

Consolidated

Feb

11c

Low
4 Va

17%

Alabastlne

to

Feb

2%c

14%

2.27

1

___

Consolidated

36c

4Vac

common

8%

37c

2%C

-

Consolidated

8,000

20 %

Lime

Brass

1.37

15

ZlZi

Hahn

Jan

72o

2%c

—*

A

Cochrane Dunlop class A-

Lake

300

40c

10c

10c

Gold

Jan
47/aC Jan

7%
-

Jan

21V4C Mar

Jan

6c

310

1.05

15c

67,000

13

Jan

1,08

JAn

85c

21.500

8%c
:

Willans

4%

38c

1

-

16c

Lake

Hamilton

7,700

88c

86c

20 %c

-

.

Research

Cdniaurum

25%

100
351

1.25

87C

Chimo Gold

Coin

27
10

1.45

.-

Chesterville Mines

Cocheuour

27

9%

27

*

class

High

4%

4%
;

Range Since January 1

Low

Mar

"

:

'

—

Circle Bar Knitting
Citralam- Malartic

'

Gunnar Gold

100

.

Wines

Shares

Mines

11,552

X

common

Lead

33

•

Central Porcupine

-Coastal-Oils

Gulf

1

Centremaque Gold

-•

Jan

17%

A

Central Patricia Gold -Mines--

Chesklrk Mines

154

Feb

151

for Week

Wire

33

—-

Chateau-Gal

Greening

Guayana Mines

17%

—20

Central Leduc Oil-

Chemical

Jan
Jan

33

Castie-Trethewey

Chatco' Steel

8

70c
17 Va

17%

class A

Cariboo Gold

151

Jan
Jan

.25

Railway

Corp
Utilities preferred

Canadian

151

—

60c

230

...—*
100

Tire

Cardy Corp

16

15 Va

1,300

15%

16

common

preferred

68c

Sales

Range
of Prices

Par

High

LOW

Week's

Last

Sale Price

Range Since January 1

High

67C

—

Canadian Oils Cos

STOCXS

for Week

of Prices

Par

Canadian Malar tic

Friday

Sales

Week's

Last

Sale Price

STOCKS

36c

12

Or,

Feb

12

35c

37c

8,400

33%c

Jan

38c

Jan

20%

20%

20%

790

20%

Feb

22%

Jan

76

75%

76%

560

75

Feb

78

Jan

27%

27%

55c

30

263/a

Jan

"•

'27%

Feb

Mar

37 %C 57 %C

514.350

16c

Jan

55c

7c

715

6c

Jan

7%c Feb

7c

Volume 171

Number 4887

;

THE

COMMERCIAL & FINANCIAL

CHRONICLE

(961)

CANADIAN
-

Friday
STOCKS

Week's

National

_

Chemical

&

Steel

New

_

11

360

10%

Feb

12'A

575

28

Feb

22%

23

400

22

Jan

23

Feb

32C

33c

30c

Feb

38c

Jan

Steel

3y4C

3c

3'Ac

1,500

3c

Feb

1.00

1.00

1.03

8,156

1.00

Feb

I

Oils

,

j 93

_Z_*

05c

_•

Hershey

,

4534

1,500

Jan

1.65

17c

Jan

1

2.24 Jan
22c

3,400

2%c

Jan

5c

33Ac

Feb

8c

Jan

50

7A

Feb

8

129

10

Jan

130

128

405

5%

Jan

500

8'Ac

Jan

common

A

8

5'A

Feb

1.07

Jan

1.30

22,500

lO'Ac

Jan

500

15'Ac

5'Ac

Feb

7c

11,570

4.20

Feb

4.90

Jan

44'A

Jan

47%

Feb

Waite

Jan
Mar

17c

19 %c

30c

24'Ac

Jan

3c

Feb

4A

Jan

1,000

3c

Feb

5c

3%c

Mar

8.800

2c

Jan

3'Ac

Jan

Feb

34c

31c

254,997

1.88

1.90

74c

90c

76c

19,014

46

2,845

10

,

Ryanor Mining
preferred

(G

14%

2,505

12A

Jan

1.90

2.05

37,345

1.71

Jan

634

7%

60

6%

Feb

8%

Jan

Jan

48%

Jan

2.05

80c

9,600

75c

Feb

96c

Feb

18'A

Jan

23%

Feb

97c

4c

Feb

4%c

1.06

32,847

22%

4,414

51c

63c

70,400

4c

55 Ac

4c

1,500

5 A

5%

100

II

3c

3%c

10,500

29

29

170

48

48

25

48

48

25

12c

9c

12c
9c

5 A Feb
2%c Jan

Westeel

Grocers

For footnotes

500

page




37c

•

36c

39c

27

27%

.'•94

94

\

50c

■>

27%
■
—

1

50c

-

20c

25c

•

7c

-14,550

•■3,000

Jan

35c

94

•

•

Jan

15c

16%

3,665

14%

5,000

15%

29

50

27%

345

»-(.-

■

r9c-{Jan
50c - Feb
28 'A -Jan

.

9T

47c, Feb

2,800

Feb

-Jan

12 y4 -Jan

-

-VMar

12c,12'/4c

.

12

Jan

25%

50

f

%10%-Jan

Jan

11% Mar

Jan

1.36 Jan

:

Jan

11

-1,465

59c

v

-

.

Jan

35C ;' Fet)

f

•

Jan

26

16%'Feb

IBVAc \Jan

Jan

..

Jan

-30-vFeb

Jan

11c

28%
52

Jan

28% ;Jan
55
Jan

Feb

22% .Jan

3.70

3.75

v

.

3.90

3,600

19c

19c

2,640

7

7'A

505

6%

Feb

7%

Jan

3.45

3.35

3.45

20,120

2.91

Feb

3.50

Feb

6.20

6.20

6.25

7.05

Jan

3.60
19c

795

Jan

4.30

Jan

6.20

26c

Feb

Jan
,Jan

14

14

100

12'A

Jan

14

37c

37c

1,000

35c

Jan

41c

Feb

26c

34c

20c

Jan

34c

Mar

33c
8.10

8.00

8.10

25,000
2,045

•

42

39%

42%

9,965

♦

4.75

4.75

7.90

36

50

Feb

9.50

Jan

4.75 Mar

6.00

120

10

Feb

2,000

7c

Feb

8'Ac

Jan

5c

5c

500

5c

Jan

9c

51

51%

140

be

9 %c

2,902

9

Mar

49

Jan

7c

16%

16%

190

16

Jan

51

Feb

Jan

97/eC Jan

Mar

16%

30

30

50

29%

Jan

31%

Jan

33'A
24%

33%

50

32

Jan

34

P*eb

24%

85

23%

Feb

100 101%

33'A

•

24%

100

101

i

180

99%

Feb

10c

5%c

3,000

5c

34%

10c

5 'Ac

•

5c

9,600

4'/eC

34'A

20,500

26

Feb

Jan

101%

Jan

Jan

9c

ZZl
_ZZZl

12c
5%

Jan

Feb

6'Ac Jan

Feb

9c
4

Jan

35

620

33'A

Jan

37% -Jan

100

100

15

99%

Jan

100'A-Jan

14%

10O
5

Jan

9

7%c

*

common

Jan

42'A Mar

9

«...

ZZ>

common

:

Feb

7%C

——

'

5

I__
,__2

Preferred

,

14% Mar

13.'A'-Jan

7

29

48

Feb

48

7c

Jan

12c

7Ac Jan

14c

Jan

9.35

14,435

Feb

9.80

80,900

Jan

10c

Jan

18 %c

Jan

3c

Jan

4%c

Jan

6c

6c

8.85

104% 104%

17%

20

3%c

3%c

3.65

5 V4c

7c

Jan

104% Mar

Jan

15'A Mar

Jan

33'A Mar

Feb

3%c Mar
5c

Feb

7'A Mar

15,100

Knitting

class

21c

Jan

78'Ac

80c

4,965

75c

Jan

92c

Jan

2.00

2.00

200

2

Feb

4.05

Jan

5c

Jan

7'A Mar

1

Preferred

Bulolo Gold

Canada

and

Canada

Vinegars

Shares

Sugar.

Canadian

Cottons

Canadian

Fairbank's

Morse

Industries

Jan

Canadian

Jan

Jan

15c

Feb

Canada

1.20

Jan

Consolidated

common

Western

2.31

2.23

2.35

46.841

21A

Jan

21'A

21A

2.38

560

Jan

20

Jan

21

21'A

200

21%

Feb

19%

Disher

24 Ac 27 Ac

Jan

13,200

21%

Feb

24c

Feb

63c 67 Ac

77,500

38c

Jan

48c

Jan

__

22%

Lumber

Dominion
Foothills

Paper

Bridge

International

Paper

common

28

635

27% Mar

165

24% Mar

98%

99

317

98%

Feb

33c

34c

3,425

300'A

33c

Jan

78c

83c

36c

47,750

Feb

67c

Jan

83c

105%

32%

Feb

36

Jan

20%

Jan

Pend

21%

Feb

Price

Feb

Southmount Investment
Southwest Petroleum

35

36

575

9%
—

21%

21%

10c

12c

13,050

55c

10c

60c

5,298

9%

9%

1,050
25

90

91

525

10c
Jan
53 Ac Feb

8%
86

International

12Ac

Jan

62c

Jan

Jan

10

Feb

Jan

91

Feb

Ltd

2,225

3'A

Feb

99

99%

110

8.50

8.70

395

22'A

22%

810

92

Jan

8.50 Mar

,

common

common

Oreille
Bros

Temiskaming Mining
Consol___:_.

Jan
Jan

Feb

4%

Feb

Feb

104
9.75

Jan

22

Jan

12

12%

50

12

Jan

13

Feb

23%

75

22'A

Jan

24'A

Jan

105% 105%

20

105%

Feb

105%

Feb

45%

Feb

42

Feb

45

45

45

150

45

Mar

41

41%

150

39

Jan

21%

21%

100

3.85

3.75

4.00

3,425

98

loi

480

3.80

3.70

3.80

1,500

60

59

60

267

i9y„

191/0

191/,

3,185

34%c

33%c

35c

4,200

13

13

40

21%

2%
89

3'A

Feb

Jan
Jan

Jan

22%

24

.

3%

56

Jan

60

177/e

Jan

19%

33'Ac Mar
12

Feb

Jan

4%
101

45c

Feb
Mar

Feb
Mar

Feb
Jan

Jan

13

Jan
Feb

42'A

42'A

42%

305

40'A

J.an

44'A

3.75

3.75

3.80

2,265

3.15

Jan

4.00

Mar

7%

40

39%

40%

501

37'A

Jan

41'A

Feb

20'/e

19%

20%

595

19%

Feb

22'A

Jan

50c

50c

15

50c

Mar

52c

Jan

*
__

Yukon

3 95

6

5

Utilities

Minnesota & Ontario Paper
Niagara Wire Weaving

Ogilvie Flour

3 75

41

Mar

81c

92 "

Mar

.

Oil

25

35%

26%

Jan

5

•

24%

Jan

Jan

82'A

23%

*

27%

27

24%

35

•

28

■

355

90

•

common

24%
__

26'A

90

♦

*

Langley's

25'A

•

Westinghouse

Steel

150

*

Feb

Jan

__

»

Dalhousle Oil

21

Range Since January 1
Low
High

sy4

1

Vickers

Canadian

High

*

com

Canadian Marconi

Jan

30

3 75

common

Canadian

32c

Jan

•

100

48 'A

10

__

__

Preferred

25%

69c

26'A

*

Dominion

Feb

9'A Jan

Low

•

Canadian Bronze common

Feb

1.91

for Week

,_5

Feb

Feb

2 'A -Jan

Sales

Range

100

47

1.10

2.27 Jan

5
«

23%

10c

Week's
of Pi ices

1

Asbestos Corp

Jan

6Ac

Jan

Exchange—Curb Section
Last

British Columbia
Pulp & Paper com__*
Brown Co -common

25c

820

Feb

*

B

Andian National

100

9%

17c

Friday

1,000

9%

2,300

Sale Price

12c

65Ac

19C

2.07

Canadian Funds

1.10

*

18C

STOCKS

nc

24 Ac

Jan

19C

1

Mines

Toronto Stock

1.10

__

30c

1

Bear

Jan

3.50

315

26c 28'Ac

Mar

12%

3,200

7'Ac

Feb

27

2,000

5c
7 Ac

5c

19%

103'A

4,100

4c

Jan

6c

1,000

Mar

2.13

Par

11'Ac 13 Ac

805

23c

.Tan

Jan

33,500

5,000

Mines

Mar

49c

4c

25c

Feb

28

19%

3,895

23c

Feb

Feb

3c

50

2.15

24'Ac

•

Zinc

Jan

Feb

19 A

&

Feb

Jan
Jan

25c

19A

Lead

3%c Mar

27

9.25

14%

2.10

1

«Wrlght-Hargreaves

York

1,105

3.65

•

38.

500

1.18 Mar
10

100

Jan

9,200

3.65

100

see

75

7%c

17%.Mar
44c

•24'/oc Mar

21

Wool Combing

Jan

28c

•

common

11%

1

common

Electric

1.17

27 A

•

Mines

11%
(7'Ac

•

(George)

Preferred

1.03

25c

1

Preferred

11 %

-?%c

4.75

1

Yellorex

27'A

__

Stadacona

1,161
•

Feb

Feb
Jan

2,925

30%

11%

■

1

Class A

Weston

Yellowknife

28c

1

Standard Chemical

-1.25

lO'/e

11 %

;

Feb

Feb

145

Western Canada Breweries
Western

Feb

48

25

'*

1.18

17

36c

12V4C

125,100

,

Jan

27'A

20

Co

1.18

25

f

1,010

17c 24%c

11c

190

Products

40c

28'A

625

100

1

Feb

55

ZZZl

•

Brazeau

;17% 17%
38'Ac 38'Ac

6c

22'A

;

20% c

44

16,600

9c

1

Co common

22,700

Jan

'

7

3.20 Jan

Jan

1.00

22'A

60

Slater (N)

11c

31

Feb

Jan

75C

47

570

Siscoe Gold

—6 Ac

2.92

14'Ac Feb

Feb

51c

78c

47 A

Sladen Malartic

8,505

Feb

Feb

24'A

Preferred

3.00

Jan

54%

& W)__

Class A

Yale

47 A

,____

2.95

12c

Jan

*

West Malartic

14% Mar

12%

I

23%

class B

2.99

26%

1

Wekusko Consol

Winnipeg

15'A

1

Feb

•

Wlngait Gold

33 A

1

Feb

6

•

Winchester Larder

15

i__<

29

215

.

-Jan

.Jan

21'A

common

Feb

4 7'A

Simpson's Ltd class A

Ltd

Jan

24y4

class A__

(Hiram)

Waterous

Feb

33'A

I

120

7

7-;

•

1.05

•

common

3,000

29'A

ZZZl

1.10

50

certificates

14c

29
*

25c

50

Amulet

17'A

27c

Sllanco Mining
Silver Miller Mines

12'Ac

2.31

1

Jan

15'A

1

Jan

21'Ac Mar

.25

preferred

Z

Jan

*

;

1.66

29

Mines

Jan

1

Sherritt Gordon

Feb

12c

Mfg

15'A

33 A

50c

1.45

—

Oils

76c

Sarnia Bridge

Shawkey (1945) Mines
Sheep Creek Gold
j

Viceroy
Violamac

86c

senator

com

1,700

25c

•

110

1

Preferred

1.54

*

3,20 J

Mar

9.30

1

Feb

1.50

<

I

4,400

1

Mines

_•

Mines

85c

1

Rouyn Ltd
Bhawinigan Water & Power

.1

Hill

16'A

49

Gold

6%c

4

i6y*

15c

100

Lawrence Corp common

1

Wiltsey-Coghlan

14,100

1

1st preferred
Ban Antonio Gold

Feb
Feb

18c

liy2c

•

Jan

Mar

loc

1

common

46

16c

1

Russell

82c

Jan

34c

•

Roybar Chlbougamau
Rupununi Mines

Jan

85

1

Eank
Royalite Oil

3.45

68c

42%

2,100

»

•

3.15 Jan

Jan

40c

*

Royal

3c

Resources

80c
,

29

Co

^an

48 %

_»

1

1.95

40c

1

73c

1

I2%c Mar

48%

__

1.03

A

Feb
Jan

1.80 Jan

40c

22%

Gold

2,500

___ioo

90c 94 Ac

1.98
_

3.30

46c
7 AC

2,555
200

45'A

75c

29'Ac

2,750

8 Ac 12 Ac

45%

1

Lac

5c

—

Western Ashley Minerals

8,400

3.30

•

Preferred

5c

Jan

29 %C

46c 49Ac

14%

1

Jan

3,000

5c

2V2c

85c

Quesabe Mines Ltd

8,600

3'Ac

5c

3c

igy4

Regcourt

20c

3c

31^
Z"5

Quemont

Mfg common

50c

10'A
*

Ventures Ltd

Walker

Feb

Queenston Gold

A

Feb

Feb

5c

1

class

2.70

41c

common

Steel

Vulcan

Feb

1.58

1

class

Feb

3,700

Jan

500

Jan

1

Gold

20,950

41c

IS

Canada

33,920

Feb

__40

Mining

3,600

2.65

8%c

Oils

Upper

4c

1

Quebec Labrador

23c

2.56

-1

__2

Keno

United

Feb

1.23

1

Quebec Manltou

United

Feb

7%

4,000

10

Preferred

>

11c

11,700

1

Quebec Gold

21 %c

Feb
Jan

4c

1

common

Jan

-1

Fuel class A
Class B preferred

5V2

46%

Feb

2.99

24%c

United
1

1.20

46%

21%

Feb

Mining

United

7%

13c

Feb

'

Class B

Jan

49.900

7A

Feb

2.25

7

Exploration

-Preferred

Union

Feb

20%

..United Corp class A

Jan

Feb

22
108

Mar

355

Union Gas

26 %c

Jan
Feb

•

106'A

20 Va Mar

102

18,650

-II

Transcontinental

:

140

Jan

2.42

Transvlsion-Television

Jan

1.48

1

Mines

*"

17% Jan

100% Feb

*80

29

Tower Petroleums
Traders Finance class -A

;

2.05

4c

Z_1

Purity Flour Mills

South am

Jan

20c

8,500
9,400

6

1.42

1

Preston. East Dome

South

•:

1.80

'

4C

•

Dairies

Feb
Feb

5% Mar

5,150

1.46

1

___:

Metals

Silverwood

11%

<

...Jan

Feb

Jan

1.54

Gold

Towagmac

Jan

Jan

lOc

,1

*

Corp

trust

11'Ac
.,9%c

10

,

165

Voting trust certificates

Breweries

Jan

1

Powell Rouyn Gold

Voting

Feb

7c

2,071

1.95

7c

1

Sicks'

6c

63Ac Feb

-

100

20%

16%

12 %C

Jan

5c

t

210

72c.

5c

Toronto Iron Works
Class A

Feb

.

;

900

4.40

•

Sannorm

.

7c

River

Power

Mar

4%c

12c

1

Industries

Jan

•*

8,150

4.20

lOc

Gold

Long

Jan

2.80

1.12

ig

1

Silk

70c

17'A

5%.,Jan

,

Feb

40c

Torbrit Silver Mines
Toronto Elevators

,4c

■y

24,500

7c

Oil

Textiles

19c

Jan

2.58 Mar

39,500
*

i3C

Porcupine Reefl Gold

River

10c

4 20

Ltd

Jan

60c

-

Feb

65c

22c

Tamblyn Ltd common
Taylor Pearsoni common

5%
1

*

Mines

r

4%

9,200

20'A

2.63

Toburn Gold

Feb

Feb

*45

72c

2.30

Mines

Jan

71

5%

20%

River

Tombill

434

High

2.31

'

Feb

1.18

15c
*■.

10,500

__ZZ_ZZl
Zl

Powell

Sand

4.VaC

8e -9'Ac7JAc. i)J4c,
lO'A
10'A
5 'A
5%

7'A

1.89

Saguenay

11.840

10V4C IOV4C

n%c

St

46,125

1

Mines.

Oils

910

64c

2.70

f

Jan

60c

129

71/

1

Roxana

Jan

4c

Jan

4c

129

•

Rochette

•66'A

4c

Piccadilly Porcupine

Roche

2,555

2%c Jan
40c

33

Low

102 102'A

Teck-Hughes Gold Mines
Thompson-Lundmark J
Tip Top Tailors

Feb

7%

Pickle

Robertson

70

19c

3 %c

Bioneer Gold

Reno

Feb

3i^c

Gold

Renfrew

1.07

4y4C

Paymaster Consol

Riverside

200

•

Malartic

Power

101,300

18c

2

Partanen Malartic

Pressed

2,000

•56c

1.08

25c

Tubes

(
■

Jan

20 Ve

-

1.87

Cadillac

Crow

-

3'Ac

23c

1

Porcupine

Western

Perron

13c

1.73

*

Petroleum

Paramaque

Jan

1.82

~1
ZZZZZZIZl

I

Lake

Pacific (Eastern)

Farbec

9c

17 VaC

Osisko Lake Mines
Osulake
Mines

Pandora

875

jgc

50

Orenada Gold

Pan

Jan

Jan

1 74

Orange Crush

Jan

'4c

10'Ac

•

Loan

5c

Jan
Jan

__1

"I

Omnitrans Exploration
Ontario Beauty Supply preferred

Pamour

ioy„

./ 5ya

_

Malartic

Pacific

u

1

Gold

Feb

3c

7%c

8c

5

Oils

3c

8c

4c

20%

7_,

Sylvanite Gold Mines
Taku

a

_•*

;

3,500

Jan

Feb

27%

16%.

Superior Oils Ltd
.

16%

60

70c

common.

w

Jan

33

.

Jan

8 Ac

6,500

•

9^"

••

:

Ogama-Rockland

4c

88c

Feb

5,700

2.58

1

i)

tw

preference

3:3%

70c

5'4

16%

Suliivan Cons

Jan

3 Ac

GlC'

2.6O

1

____

Mar

Jan

~19c

i

Mines

60c

6'Ac

69%

62'Ac

Gold

Canada

2,750

101 101%

*

Steep Rock Iron Mines
Sturgeon River Gold

i
•

Jan

50c

.

1

Gold

73c

50c

1.08

-

Feb

8Ac

10%cl0%e

-69%

New

Jan

48c

Feb

4,100

3c

of

16%

33

Feb

Ac

1.32

8c

~~

Oo

High

15%

t-mm

Preferred

Jan

3 Ac

1

Mines
North Star Oil common..

35c

24,450

7c

3'Ac

1,

Northland

3,492

78c

,,

"•
"

_

43c

68c

oy"!
.

Olsen

Range Since January 1

Low

Surf Inlet

6 Ac

52c

Gold

Mines
North IncaGold

Page

43c

3y4C

.

_

3

Jan

72c

Starratt

21 % Mar

Mar

ZZZIZZ*
__Z_Zl

Mines

Orlac Red

66c

31c

„•

Norseman

Ontario

33,900

Z*

Mines

Normetal Mining

O'Learv

103'A

101'A

36,025

1

,

Nordon Corp

Omega

Jan

40

73c

__1

*

Okalta

1.68

41c

_•

Nipissing Mines
Noranda Mines

Preferred

Feb

37c

1

-

O'Brien

Jan

1.41

66c

ZZl

Yellowknife

Norplck

19'A

5,282

73c

1

Pacalta

Norlartic

1,360

1.52

38C

1

Thurbois

Nicholson.

21A

1.46

1

Nor zone

New

Nib

20%

101 % 102'A

1

Z_IIIl

Jan

New common

21V2

1

___

Sbares

Stedman Bros

3,000

1

Gold

for Week

16

28'A Mar

102'A

Mines

New

Feb

Standard Paving common
Preferred
Standard Radio class A

28%

Z.50

Newnorth Gold

11%

;

Feb

28

•

Newlund Mines

"New

Jan

100

_

New Jason

Marlon

10%

Sales

Range
of Prices

Par

Jan

9'A

28

Dickenson Mines

New

150

37

•

_

New Goldvue

'

Jan

11

High

Feb

8%

*

preferred

Calumet

34 A

200

Week's

Last

Sale Price

STOCKS

io34

Bidlamaque

New
New

Low

50

9'A

n

.

*

B

Car

iWm)

3

Friday

36%

91/4.

Negus Mines _Z
Neilson

MARCH

Range Since January 1

High

30%

__

20

Petroleum

MARKETS

ENDED

7T

common

Hosiery class

National

Low

5

Preferred

National

Shares

5

National Grocers

LISTED
WEEK

for Week

*

com

Preferred

National

Range
of Prices

Par

Breweries common___

National Drug

FOR

Sales

Last
Sale Price

i

RANGE

5
j_

18%

18'A

18%

715

17%

Jan

18% Mar

*

23%

23%

24%

125

22'A

Jan

24%

19%

i97/o

25

19% Mar

5.30

5.30

5.45

1,820

5.30 Mar

68

*

1
•

20

6.00

Feb
Feb

Jan

67'A

68

110

63%

Jan

69 %

*

42c

43c

125

41c

Feb

42'Ac

Jan

*

30c

30c

800

32c

Jan

40c

Feb

6'Ac

6'Ac.

600

6c

Jan

8c

Jan

C0c

60c

500

57c

Feb

GOc.

Feb

1
.1

„

Jan

38

COMMERCIAL

THE

(982)

&

FINANCIAL

CHRONICLE

Monday, March 6, 1950

OVER-THE-COUNTER SECURITIES
x

Quotations

for Friday, March

3

,

Obligations Of Government Agencies

Investing Companies
Mutdal Funds-—
Aeronautical

Securities

Affiliated Fund
Amerex

Ask

1

5.92

6.49

1%
10

4.30
33%

4.65
35%

______

Inc_

Holding

Bid

Par

Corp

_l

Axe-Houghton Fund Inc
Axe-Houghton Fund B

3.93

8.09
15.43

Par

Bid

Mutual Fund—♦
Second Fund__10
Managed Funds—

98.67

100.68

47.87

48.85

Mutual Funds—
Loomis Sayles
Loomis Sayles

4.26

—1
5

American Business Shares

8.75
16.77

3.49
3.78

4.45

3.33

3.67

1

6%

7%

Electrical Eqiupment shares.lc
General Industries share3__lc

lc

3.74

4.12

Blair Holdings Corp___
Bond Xnv Tr of America

1

2%

2Vo

Non-Ferrous Metals

lc

3.14

*

97.99

shares

lc

3.94

21.58

lc

4.01

102.07
23.33

Furnishings shares

Paper

shares

Petroleum

Bowling Green Fund Inc

10c

4.17

17.28

Manhattan Bond Fund Inc„10c

7.47

32nds of

more

point

a

Bonds—

Bid

Ask

1%S May

1952-1950

99.22

1%S Jan.

100.2

1,

1,

1953-1951

99.28

100.2

2%s Feb.

—

1,

1955 1953

101.28

102.2

100.3

100.7

Other Issues

19.46

28.55

38.12

40.99

Mass

12.81

99.26

14.23

15.47
16.47

1953

1,

"100.2

100.5

-1-18%

1961

119%

1%S

Oct

1957-1955

l,

—

13.85

14.90

l%s Feb.

Panama Canal 3s

30.86

1

Central Bank for Cooperatives—

8.19

1

Fund

Ltd

9.30

Steel

1
15.43
16.68
100 4,220
4,370
Preferred
,_100
137
142
Commonwealth Investment
1
5.88
6.39
Delaware
Fund
1
X14.42
15.87
Dividend Shares
—_____25c
1.58
1.73
Fund

Chemical

Christiana Securities com

Howard-

Eaton &

Balanced Fund

Fund'

Stock

1

Industrial Fund Inc-1

10

Boston Corp—_

First Mutual Trust Fund

1

4.11

Bond

lc

6.14

lc

5.40

5.92

2

15.38

Fundamental investors

Inc

16.85

1

16.70

53,75

General Investors Trust———1

5.13

lo

7.10

:—lc

6.40
6.39

shares

lc

7.87

shares

lc

6:63

10i26

__lc

7.70

shares

Industrial Machinery shares

lc

7;17

institutional bond shares-—lc

9.39

8.67
6.01

lc
lc

8:76
5.10

lc

7.50

Railroad Bond Shares—

lc

2:50

2.76

RR Equipment
Railroad stock

shares

lc

3;71

lc

4.73

5.20

lc

5.07

5.57

lc

4.69

5.15

ac

6.20

6.80

—

shares

Petroleum

shares

Steel

Tobacco

shares

Utility shares
Howe

Fund

1

4.54

4.91

Income Foundation Fund____10c

Plan

Inc

1,80

1.96

Incorporated Investors—^t.ii.5

25.14

23.24.

Institutional Shares Ltd—
Aviation

Group

Group shares

Investment

Co

America

of

Investment Trust of

1

90c

1.12

1.24

12.74'

1

8.55

9.37

15.13

15.48

(Investment

B1
Bf2

Bonds)

1

27.53

1

24.26;

1

17.19

Bn3

(Medium Grade Bds)
(Low Priced Bonds)

B-4

(Speculative Bonds)

1

9.92

28.79
*

26.46
18.76

16.15

S-l

(Quality common Stks)_l
1

29.90

32.62

15.75

12.67

13.82

S-2

S-4

(Income com Stocks)

(Low Priced com Stks)__l

Knickerbocker Fund

Trust

Lexington

_________l

Fund

25c

Dated

Bid
bl 30

1.15%

1.35%

8-1-49

5-

1-50

bl.30

9-

1-49

6-

1-50

bl.30

11.76

12.89

1

8.99

9.85

1

11.99

10.87

3-50

bl.30

1.30%

11-

8-

1-50

bl.30

1.15%

1-49

12.36

*

4.13

American

Alliance

American

Automobile

„—

11.23

13.23

14.50

1

10.20

11.18

i'—1

11.15

12.22

i—1

8.51

9.33

Mar. 16,

1

15.32

16.79

Mar. 23,

1

10.93

1950_:
April 6, 1950—
April 13, 1950.

Public

utility

1

8.60

9.42

1

5.70

6.25

Bid
Mar.

__■

1950-

bl.14

1950-

bl.14

American Casualty

1.08%

bl. 14

bl.14

6.96

8.42

1

11.67

15

22

1

16.12

17.33

1

2.52

value).*

52.95

52.95

2%

11.25

12.17

Bank

21%

22%

Bank of New

Trading

(Geo)

Fund
Investors Fund

Putnam

Republic

.Fund Inc

(net

asset

Paf'

Selected Amer Shares

Shareholders Trust of Boston—1

Sovereign Investors
Street

Television
Trusteed

Union

1,

Investment

Fund

6.20

Corp.**

6.79

New

&

York

Fifth

Bankersr Trust

Brooklyn

1

21.87

Series

B

1

18.44

C

1

20,09

__

Union Preferred Stock Fund

1

I

7.48

United Income Fund Shares

1

10.19

11.03

Investing Corp
Wellington Fund

l

10.65

10.86

1

18.41

20.09

Whitehall Fund Inc

1

17.25

18.55

Wisconsin Investment Co__

1

3.77

4.08

Chemical Bank & Trust
Trust

7.73

8.90

1

2.21

2.51

1

3.98

1

2.33

North Amer Trust Shares—
——

—20

____!

Bank

Trust

&

Trust

National

Irving

Bank

Trust

Par

Bid

36%

Trust

105%

10

Maryland Casualty common.. -1
$2.10 Prior preferred
10
$1.05 Convertible preferred. -5

20%

21%

51%

54%

26

Fire

National

American Re-Insurance

34

36

National, Fire

American Surety

25

63%

66%

National

Automobile

10

60 %

63%

New
New

31%

33%

Bell Telephone of

9%

10

Union

65

68

Chic

Fire

5

New

Yorlr Fire.

62 %

64%

23

24%

North

76

79

37%

2

10

Northern

41%
x46

___j._5

River

39%

43%
48

19 %

Northeastern

Ins

Co

20%

26%

2.50

12.50

27%

—3.33%

73/4

5

17

Phoenix

10

65
64%

:

—

Preferred

Accident

91%

94%

Reinsurance

22%

23"%

Republic

General Reinsurance Corp—_10
Glens Falls
5

30%

32%

Seaboard Surety

Corp

(N Y)

(Texas)

—5

13%

14%

16%

18%

95%
30%

__10 *106

5

32%

(New Haven)
Springfield Fire & Marine
Standard Accident
—

U

Hanover

Fire

10

35%

37%

Hartford

Fire

—10

121%

125 %

Hartford

Steamboiler

_10

37%

39%




Pac

&

——

1979:

1979

S

Guarantee

Westchester Fire

37

10

-

37%

39

Bank—100

295

Mellon Natl Bank & Trust™100

59 %

282

302

37

39

Peoples First National
Bank & Trust

431/2

.47%

20

61 y2

Portland

278

272

49%

93

First

96

43 %

National

Bank

12%

8iy2

20

62 %

65%

of Amer NT&S A—12%

53%

55%

45 %

United

Bank

Natl

San Francisco

gs/8

695'

665

States

94

Bank

Security Issues
101V*

103%

-1980

Duke

Power 27/sS

99%
54

lo
10

110

34%
103%
57

38
-

40

47%

Pwr

Par

pfd

$2.20

4.28%

Hartford

Power

&

Electric

56%

52 '

52%

Light—

100

3.90c

pfd„50

103%

103

5% %

pfd_30

Kentucky Utilities $4.75 pfd_100

99%

99

iooy8

Maine Pub

100%

N

104%

104

_1979_

Serv $5.50

pfd

20

106

Power

United

Gas

52

37

38

101%

102%

19%

20%

Y State Elec & Gas—
4%%

pfd

(series

Penn

& Light—

Pub

.1979

2%s

104%

104

Corp

2%s— .1970

1949)

100

Pwr &
Ser

1st pfd—25

Lgt 4 % %

(Colorado)

pfd__ 100

106

4.40

104%

105 J/4

102%

103%

:

,

Par

101

101 Va

Bid

Ask

Blackstohe Valley Gas & Elee— *
$4.25
4.75 %

Rochester Gas

Hudson

Gas

preferred

&

—

Elect
100

San

100

107%

107%.

28%
108%

131%.

&

Island

108%

Elec—

100

106

? ;

Diego Gas & Elec— '
preferred

Sfeaten

2(1

21%

22%

Edison—

preferred

100

107

108%

10U

108%

109%

106%
Tenn

105

107

pfd_100

$4.75 preferred series G

4.90 %

_100 .105V2

preferred

28%

-

Pub Serv of Okla 4.65%

101%

-

redeemable

$4.80

4%%

Central

107%

51%

Pacific Gas & Elec Co—

Service Co 2%s_.—. -1969

mortgage

Ask

55%

«

preferred.

104

Bid

*

—

"

Gas Transmission—

$4.65 preferred

49%

10

40

42

100

450

465

4

54%
65%

10

81%

85%

22

23%

2

&

preferred

Delaware

106%

18%

Gas

1980

7%

12%

$2.04

RR—

Lgt & Power 2%s__ -1984

1st

6%

33

Lt

Conn

103%

103

37%

2

Stocks (Continued)—

Ask

100%

Niagara Mohawk Pow 2%s
Public Serv of Indiana 3s_ .1979
Tenn Gas Transmission 3s_ .1969

5%

Fidelity & Guaranty C0__2

U S Fire

U. S.

35%

Pittsburgh
Farmers Deposit Natl

Iowa Southern Util

2%s _1999-i

Commonw'lth Edison

included in year's range). bBid yield price, d Deferred delivery sales (not
range), e.Ex-interest, f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
nAdmitted to trading N. Y. Curb.
rCash sales (not included in year's range),
tExliquidating dividend.
(Un) Admitted to Unlisted Trading privileges. wdWhen delivered. wi When
issued,
x Ex-dividend,
y Ex-rights,
z Ex-stock dividend.
a

—

16

National Bank of Detroit

104%

35%

10

Security

Travelers

Bank

31%
330,

Detroit

22

Indianapolis Pwr & Lt 2Vss .1979" 103%

100%

—15

30

315

34%

~8%

10

10

St Paul Fire & Marine

—

27/ss

Island

Stocks—

5

20
100

105%

5

Providence-Washington

10

Bank
Co

Trust

National City

103%

63

69%

Globe & Rutgers Fire common_5

Cleveland

109%

105

140

10

62%

2nd preferred __—
American

Rock

Kansas

25

10

54%

630

102%

118

38%

10

Great

27/8S_

Power

Oregon

Central Maine Power 27/ss_

Federal

Globe & Republic—

Calif

Conn

10

52%

610

46%

315

Pa 3s— -1974/ 105%

34

Employers Reinsurance

of Frisco

350

1, 480

1979

Associated Tel 27/8S

34

87/a

Pacific Fire

Newark

335

2Q

1971

Amer Tel & Tel 2%s

32

Pacific Indemnity Co
Peerless Casualty Co

of

100
100

19%

100

(Detroit)—10

Amsterdam Casualty
Hampshire Fire

5

Fund

Harris Trust & Savings
Northern Trust Co

Bid

32

105%

69
66%

233

106^

28 %

Recent

-5
-4

Casualty

92%
225

1, 300

306
'

Bonds—

-5

Assurance

Mfrs

&

22%

Fireman's

&

?.

95

100

Central'National

25 - 91
Trust——12""
8%

Trust

Ask

220

Illinois

National Bank & Trust—33%

27%

21%

Firemen's

States

210

First National Bank-

7%

20%

25 *

Guarantee

100

36

Bank & Trust_17% •;

109 %

18

10

city Natl Bank & Trust

663/4

106%

20

York Trust

Bid

Chicago

-

(J P)

52%

Merchants

Phila—

Par

28%

100 1,450
25 ' 411/2

Co

Companies

Ask

38%

America- .10

Massachusetts Bonding

of

1.08%

Ask

-5

16%

Assn

1.10%

6%

10

:

Manufacturers

.20

Casualty__5
American of Newark
2%

Fire

bl.14

'

100 1,240

County Trust—
Lawyers Trust

United

Merchant

Fidelity & Deposit of Md

1950

64%

Guaranty Trust _:
_100
Industrial Bank of Commerce-10

Title

Home

40

1,

Cleveland

10 ~ 32 %

Kings

Companies

18%

38

1.10%

June

52

•

1

Exchange Bank & Trust-20
County Trust Co
(White Plains, N Y)
16
Empire Trust
50

First

2.50

Independence Trust Shares

28%

77%

*

bl.14

50

44%

Com

Fiduciary

Diversified Trustee Shares-

27%

Employees Group Assoc

1950

bl.14

—_

159

154'

—10

Co.

Stamped

Federation

Ask

72%

25,

Continental

103

_15w

Bank-

Continental Bank & Trust—

Type Trusts-"-

74%

69%

1.08%

May

Commercial National Bank &

Union Common Stock Fund

Series E

—100

Trust

Chase National

6.50

Jersey Insurance of N Y

36%

1.08%

bl.14

1950
1950

18, 1950

1.08%

27%

48

Central Hanover Bank & Trust 20

Insur Co of North

___

bl.14

4,
11,

348

10

12.33

67

Continental Casualty
_10
Crum & Forster Inc.———10

1.08%

"

100

57.50

Series 1956

—10

bl.14

1950

1.06%

'Bid

>:

>

83c

1

Series

1955

York

Avenue

series A

Bond Fund

Unit

Co—lO"*

Manhattan

the

of

74c

17%

Camden Fire

Ask

1.08%

27,

May

-

54.50
11.31

257/a

Connecticut General Life

Bills

May

■

.

Shares.—25c

Inc

Industry

2.73

25

1.15%

bl.14

Banks & Trust

Scudder, Stevens & Clark

5

Bankers & Shippers
Boston

bl.30

20, 1950

2.76

&

68%

10

1-50

12.79

5

Tobacco

Petroleum

66

American Fidelity &

12-

9.23

2.50

*

1-50

May

6.35

Equitable Assur_____5

American

1.15%

3-

:

April

1.08%

bl.14

Mar. 30,

1

Series

55

1.15%

bl.30

Bid

1.06%

1

65

4

bl.30

1-50

April

1.02%.

Steel

5.55

27%

2-50

11-

Ask

bl,14

9, 1950—

Railroad equipment

5.45

25%

1.30%

11.98

—

97%

10

10-

1-50

United Stales Treasury

10.25

1

s*ock

10

—25

—

3-50

2-

■

4.53
11.50

10

Agricultural

Ask

1.15%

1-

1.30%

1.15%

10.49

10

Life

1-50

11.53

11.28

7-

Sterling- National

Casualty & Surety

9-

13.14

—1
1

10-3-49

New

Aetna

Bid
bl.30

Due

1-49

1.30%

1.30%

Public Nat'l

Aetna

Dated

12-

;;f:

1.15%

1

stock

& Co Inc
100
National City Bank
—12%

Aetna Insurance —

.9859

—_

1.15%

1.35%

5.08

Bid

99.9695

1,1951

1.30 '/c

8.59

Morgan

Par

.9883

Rate

7.29

4.97

Insurance

.0418

99.9769

1,1950

ll'/esjan.

Ask

3-50

Due
4-

1-49

7-

11.08

Railroad

17.19

S-3 (Appreciation com Stks)_l

.0384

100.0100

Federal Intermediate Credit Bank Debentures

7.84

Pacific Coast Invest Fund

26.04

.0307

100.0288

tl'/e-s Oct.

100.7

6.65

17.62

23.87

100.6

—

10.11

10.83

K-l (Income pfd Stocks)
1
K-2 Appreciation pfd Stks)_l *

1955

100

1

Oils

11.06

Keystone Custodian Funds—

99.31

1

Metals

13.96

10.17

1 %S Marchr 15,

1.55%

Wall Street

Boston—l

Investors Management Fund

10.40

9.49
82c

1954-

15,

1

State

shares—__lc
lc
Insurance Group shares
lc
Stock and Bond Group
lc
Bank

IQ'0.0235

1,1950

1,1950

7.27

Inc—

4.08

shares-

1

Machinery
Merchandising

8.22

Merchandising shares
Mining shares

.0241

1,1950

fl>/4 S.July

100.1

100

17.13

Insurance

9.16
5.60

shares-—-

1%S March

4.49

15.93

1,1951

preferred stock—1
Electrical equipment
1

6.59

Priced

Low

1100.0061

tl%s June

Jll'sS Sept. 15, 1950

4.07

4.11

Diversified

9.50

lc

3.72

Diversified Investment Fund-l

9.86

Investing Company shares—lc

6.65

Corporate bond series
Diversified Industry

7.86

Ask

Indebtedness—

5.32

4.87

1

Building supply

8;44

bond

100.1

Bid
of

tl%s, Apr.

3.33

Chemical

8.04

General

100

Bank

5.51

7.33

1951

Aviation

11.24

5.02

Fully administered shares—lc

1,

July

Automobile

7.27

Electrical Equipment shares-lc
Food shares
lc

1%S

Agriculture

8.63

Chemical

100.6

4.82

3.05

1

York Stocks

7.01

—lc

Building

Aviation shares

7.54

4.41

1

New

Group

Automobile shares

6.90

100.5

Rate

7.02

Securities—
Agricultural shares

7.19

1

,

England Fund

7.79

Inc

Corp.

6.58

1

Series

Series

New

5.55

Fund

Capital

1

Series

Low Priced Com Stock Series 1

57.80

Industries

General

7.57

Industrial Stock Series

18.05

—1

Gas

6.93

Maturity—
Certificates

1950

10.68

Selected Group Series

6.73

series.

Ask

1,

l%s Oct.

Stock Series

6.04

stock series!
stock

Common

15.39

9.88

1

Stock

Preferred

14.34

1
1

Speculative Series

Franklin Custodian Funds Inc—

Preferred

1

series

Income

Dollar Price
Bid

Maturity-

Treasury Notes—
1%S April

Securities—

Low Priced. Bond

33%

5.44

1

Balanced Fund

2.18

31%

Boston Inc—1

of

Nation-Wide

30.26

1.98

Inc.l

National Investors Corp
National Security Series—

4.32

27.99

Fund

Fund

2nd

Mutual Invest Fund Inc

20.09

20c
5

Equity Fund Inc
Fidelity Fund Inc
Financial
First

18.79

interest__l

beneficial

of

U. S. Certificates of Indebtedness

Trust—

Investors

Mutual

29.89

1

__—

___■

27.96

shares

Investors

Mass

Ctfs

Century Shares Trust-

'

100.3

100.1
^100

or

Federal Land Bank

4.60

5

9.31
18.68
21.32

lc

Broad Street Invest Corp

"

one

4.42

Bullock

V

Ask

Bid

4.34

Inc__—___—__1

Fund

Boston

'

15, 1950
15, 1951

3.47

Home

j"

£

—

1.35s Sept.

4.17

4.04

Beneficial Corp

•>

Federal Home Loan Banks—

3.85

Equipment shares.lc

Business

Figures after decimal represent

Ask

l%s Feb.

lc

shares

Automobile

,

56%
68%

Odd lot sale (not

Included in year's
change

•No par

value,

fin default.

tThese bonds are subject to all Federal taxes.

«v\

Volume 171

Number 4887

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(983)

THE COURSE OF BANK
CLEARINGS
'4
Bank
clearings this week will show

Preliminary figures compiled by

us

increase

an

based

Cities of the
country, indicate that for the

compared

with

telegraphic advices

upon

a

year

from

the

ago.

chief

week

ended Saturday,. March
4, clearings
for all cities of the United
States for which it is possible to obtain
weekly clearings
will be 5.1% above
those of the
corresponding week last year. Our
preliminary
total stands at
$14,842,462,556 against $14,126,981,340 for the same week in 1949. At
this center there is a
gain for the week ended Friday of
7.7%. Our comparative
summary for the week follows:
it
•

•

Clearings—Return by

Telegraph

Week Ended Mar. 4—

1950

New York

1949

:

$7,160,136,630
624,838,582

+ 17.6

933,000,000

+

3.8

464,208,243

454,526,240

+

2.1

Boston
I

—

Kansas City

(
*

'

St. Louis

1;

i_

)

+

.

324,044,615
222,757,524

—

cities,

one

k.

+

Total

6.9

Complete

in

(7

Saturday and

Accordingly, in
U

West

In

we

the

We

cannot

to

give final and

12.7

clearings at this
ing

to

the

1949.

center

Federal

was an

Districts

a

in

we

has to be estimated.

present

week

press.

further below

previous

—

the

week

$12,606,272,729 against $11,674,483,373

this city there

having recorded

Reserve

the

cases

week

going to

increase of 8.0%, the
aggregate of clear¬

amounted to

Outside of

of

time of

was

gain of 13.1%.
which

they

gain of 3.1%

a

the

bank

We group the cities accord¬

are

located

and

from

this

it

(including this city) the totals show a gain
12.8%, in the Boston Reserve District of
7.7% and in the
Philadelphia Reserve

of

District of 4.2%.
but

in

the

In the

Cleveland Reserve District the totals
Reserve District the totals are

Richmond

Atlanta Reserve District
by 4.1%.
of 0.5%

and

the

ari

decrease of 7.6%.

a

improvement

of

are

smaller

In

the

of

13.7% but

Kansas

the

St.

Louis

2.5%, in the Dallas Reserve District of

6,210,779

265,167,160

cities)

737,673,643

following

we

fuAish

a

there

is

14.6%

and

in
-•*

the
'%

San

**»•<■

Virginia—Huntington

Week Ended Feb. 25—

summary by Federal Reserve Districts:

Federal

1950

Reserve Districts

$

1st Boston

12

2nd

New

3rd

Philadelphia

4th

2,238,659

9th

11th

770,694,829

6,420,255,503

4.2

800,171,968

4.3

723,689,940

831,664,994

+
—

957,665,224

355,087,520

+

6.3

306,821,129

601,329,029

+

4.1

560,101,054

613,071,582

867,760,568

805,995,901

802,286,067

+

0.5

—

"

414,447,374

448,566,036

7.6

385,460,574

7

"

441,044,130

320,680,448

281,979.051

+13.7

286,787,633

10

"

399,345,166

335,003,506

389,733,773

+

Dallas

6

"
"

>*'

our

452,003,835

241,169,324

259,749,116

660,347,959

7.0

+

12,606,272,729

11,674,483,373

■,+

8.0

5,966,842,945

+

3.1

714,845,619

12,103,876,691

6,149,367,113

5,907,532,005

City—

add

394,334,919

626,953,012

670,624,328

112 cities

2.5

259,991,688 *' +14.6

297,945,811

10

Francisco

now

showing the figures for
#

15,339,961,800

each

$

l—1——

1,281,439

Portland-i—^

1948

3,454,573

5,7)94,431
255.484,870

302,206,200

4.3

770,694.829

723,689,940

831,664,994

2,330,557

2,585,230

2,351,017
10,525,000
123,640,063
3,352,262
207,192,121

3.9

—

377,518,146

355,087.520

(6

cities)

Sixth

Federal

14,827,947

Nashville

1.4

9,577,000

1.6

102,427,092
2,708,340
137,340,286

—

—

+ 10.5

52,183,181

49,099,392

6.3

306,821,129

396,159,855

+

14,746,371

69,026,317

0.5

14,184,720

22.9

15,063,673

53,901,042
220,400,000

223,700,000

2.6

—

3,495,892

3,134,717

3,555,608

—11.8

96,666,427

82,014,332

+ 17.9

88,847,107

83,781,435

4,903,924

5,592,365

326,893

314.070

111,214,381

111,641,264

626,097,148

Macon

—

601,329,020

i.

Florida—Jacksonville

Alabama—BirminghamMobile

Mississippi—Vicksburg—.
Louisiana—New Orleans.
Total (10 cities)

Seventh

+
+

240,000,000

3,449,435

Augusta

56,187,692

233,700,000

Georgia—Atlanta

Federal

Reserve

1.3

6.0

l

1,577,326

1,545,886

3,531,868

3,968,538

7.3

388,241,566

1,363,696

+

17,K

1,535,415

759,281

1,606,906'
760,550
1,561,928

+

0.2

Connecticut—Hartford

19,403,054

New Haven.—

Hampshire—Manchesterl"l—

2,857,442
2,762,323
80,002,071
73,501,191

—12.3

Blnghamton

2,119,300

77,229,468

368,312

373,221

106,019,652

124,362,713

+

4.1

560,201,054

613,071,582

969,313

9,293,478
4,142,684

4,442,596

3.2

43,966.000

5,585,252
41,875,000

5,542,431

+ 28.7

2,199,612

2,470,353

—11.0

54,005,989

Terre Haute

I,451,858

1.6

7,132,123

Wisconsin—Milwaukee

3.9

+ 14.3

45,083,000

Iowa—Cedar Ranids

+
+

4,330,093

4,301,919

South Bend

933,162

8,658,626

46,927,865

+ 15.1

—

'+

2.5

tl

t

71,815,425

2,952,172

+

6.7

51.460,813
3,233,582

22,659,826
12,774,793

+

4.1

25,279,779

<

627,637,380
2,363,983

8,614,618

-

11,975,276
842,093
621,511,305
2,388,033

'•

Chicago
Decatur

+15.9

4,163,479

5,538,383

0.1

19,185,857

26.261,536

9.2

9,862,701

9,801,668

:+ 22.7

19,649,400

24,405,500

—

,

.—

-1.2;

'+

7.7

9,370,063

—

946,004

4,150,510

II,939,109
988,719

1.0

687,880,860

13,025,260

+ 17.1

Rochester

Syracuse

Connecticut—Stamford
Jersey—Montclair

Newark

Northern New
Jersey
Total (12 cities)




-

••

1,095,36ft

2,403,620

8.1

2,588,005

—

9,943,976
4,574,368

10,594,189

802,286,067

5.5

+

'

456,976,120

547,513,524

32,314,833

42,869,633

2,098,433

+

1.0

2,386,953

2,874,158

+

9.9

67,267,644

86,107,486

1,296,559

1,709,658

1,077,084

+42.5

1,382,922

+

6,456,905,616

5,707,640,428

16,846,115

15,850,883

10,830,507

8,809,489

12,491,160

13,328,387

607,169

606,239

33,059,749

32,125,555

43,849,537

47,754,222

6,672,212,343

4,565,688

1.9

2,773,522

3,413,523

0.5

+

867,760,568

986,061,767

Louis—

Missouri—St.

Louis

220,800,000

133,854,920

83,921,049

Tennessee—Memphis
Illinois—Quincy

232,800,000

108,172,974

Kentucky—Louisville

80,420,939

Total (4

Ninth

1,553,351

5.2

207,200,000

19.2

100,915,294

+

4.4

75,654,897

+

4.2

1,690,383

1,874,882

7.6

385,460,574

441,044,130

—

—

Federal

Reserve

448,566,036

233,600.000
1

109,462,120
96,107,128

District—Minneapolis—

Minnesota—DuluthMinneapolis

5,015,450

4,602,405

213,443,410

181,759,025

82,856,853

77,338,406

5,663,576

St. Paul

North

.

1,490,177

414,447,374

cities)

5,689,605

Dakota—Fargo

9.0

4.179,933

+ 17.4

4,692,040

7.1

193,952,565
72,421,462

231,609,421

0.5

4,542,230

I-

+

2.687,720

2,660,778

+

1.0

8,843,442

2,982,349

7,116,970

+ 24.3

6,104,935

79,878,745
5,671,619
3,098,097
2,771,698
7,281,886

320,680,448

281,979,051

+ 13.7

286,787,633

335,003,506

South Dakota—Aberdeen.

2,169,997

Montana—Billings
Helena

2,811,862

—

—22.8

2,604,159

Federal Reserve
District—Kansas City-

Nebraska—Fremont
Hastings

-

447,724

450 000

—

0.5

326,428

Wichita

5,604, 989

101,243, 516

6,193,509

Omaha

492, 981

5,537,992
106,529,116

7.790, 493

—20.5

9,402 059

+ 23.8

11,636,441
256,203,378

Missouri—Kansas City—
St. Joseph

252,501

624,691

411,579

—33.4

446,495

1.2

454,164

5,187,224

5.2

103,776,129

7,019,911
121,398,631

—

+

912

1.5

5,118,868
8,551,287

5,927,934
10,081,747

259,154,999

2,095,718

2,091 ,178

0.2

1,686,261

1,845 343

8.6

1,354,729

293,560,599
10,122,926
1,613,568
1,412,776

399,345,160

389,738,773

+

2.5

394,334,919

452,003,835

+

8,686,593

Colorado—Colorado Springs.
Pueblo

Total (10 cities)

8,316 ,302

4.5

8,416,038
1,704,459

Eleventh Federal Reserve
District—Dallas—

Texas—Austin
5,914,455

Fort Worth

5,913,946,547

7.1

+13.1

1,609,447

2,342,098

6,196,344,686

8,550,279.993

6.3

15,000,127

17,970,907

+22.9

10,555,470

11,334,576

—

6.3

9,878,929

9,652,410

+

0.2

584,494

+

2.9

35,219,067

32,257,121

8.2

47,797,294

47,397,664

.+

—

+12.8

6,420,255,503

9.3

5,920,286

218,763,549

+ 14.9

6,053,153

22,831,218

200,422,000

19,457,741

+ 17.3

215,503,000

19,638,885

9.4

21,61-6,584

4,666,000

+ 36.9

2.0

2,942,316
7,579,837

4,989,000
3,034,379
8,653,000

+14.6

241,169,324

259,749,116

..

Galveston

5,229,000
4,639,651

Federal

Reserve

Yakima

District—Sam

3,388,065

97,512,275

2,555,060

Utah—Salt Lake City

California—Long Beach
Pasadena_
.

+

—

Francisco—

2,809,813

116,465,126

Oregon—Portland

San Jose

259,991,688

98,864,928

1

San Francisco

8,190,444

297,945,811

Washington—Seattle

4,781,000

8,027,217

Total (6 cities)

Twelfth

5,410,889

251,304,270

Dallas

Wichita Falls

70,247,645

1,535,259

New York

15,359,853--•
1,287,160
769,505,829

1.0

—

106,085,585
42,914,479
10,797,604

47,159,043
13,758,827
10,728,742
362,694,523

+

1.4

94,903,618

9.1

105,751,278

3,299,519

+

9.8

119,851,096

+

9.9

40,657,319

4,171,388
100,831,152
47,960,874

—

+ 27.4
+ 31.0

6,614,869

6.6

367,380,020

9,894,882
7,889,011

417,810,532
10,693,251

8,736,468
8,410,680

Stockton

8,572,732

1.9

9,396,249

3,683,457

7.4

6,250,931

Santa Barbara

2,885,895

6,050,918

3.3

3,358,124

6,863,355

6.485,127

382,944
Total (10

8,805,178,648

8.496,019

8,188,517

340,337,632

cities)

670,624,328

Grand Total (112 cities)
Outside New York

■"Estimated.

JNot available.

626,953,012

7.0

660,347,959

714,845,619

12,606,272,729
6,149,367,113

11,674,483,373

8.0

12,103,876,691

5,966,842,945

3.1

15,339,961,800

5,907,532,005

6,789,681,807

+

,

4,104,291
27,096,600

+

2,376,835

805,995,901

6.3

—11.0
—

3,933,880

2,331,865

Louisiana—Shreveport.

1,480,815

Jamestown

5,086,329

'

3,150,944

Illinois—Blooming.ton

5,849,518
5,531,247

47,947,000

4,933,948

23,594,913

Des Moines

1,356,917
9,924,193 ♦

7,284,712

434,261,932

*

93,815,538
7,612,691

6,104,301

4.1

—

4,949,853

Lansing
Indiana—Fort Wayne
Indianapolis

York—

Buffalo

Elmira—

5,923,819

23,965,400+.;.^ 19,539,ItjO

15,257,648

3,698,093

3,173,614
83,950,238

0.4

+

8,794,535

Grand Rapids

1,636,508

1M

9,575,519 •„+

467,624,428

Federal Reserve
District—New

York—Albany

1,432,182

+

999,4011,011,620

Total (12 cities)

790,960

+14.9

19,419,036

10,452,023
—+

1,539,633

3.994,017

4,630,446

,

463,386,804

1,359,402

6,760,694
.

777,147

"

5,980,852

,

Springfield—
Worcester—:

$

7.5

■

57,321,801

District—Chicago—

Michigan—Ann Arbor

Lincoln

$

+

3,015,709

4,706,568

Reserve District—Atlanta—

Tennessee—Knoxville

Kansas—Topeka

366,799,777

.

1947

—

2,788,921

River————

Island—Providence

3,720,777

1.6

—

city for the

—11.3

393,413,666

New Bedford

Second

or

Dec. %

25,023,200

0.9

—

+ 19.5

Tenth

Inc.

1,443,923

Lowell

Rhode

'

7,214,752
180,819,063
308,240,638

7.3

+

6,312,293
286,180,653

+ 10.1

6,789,681,807

,

District—Boston—

Massachusetts—Boston
Flail

1949

$

Maine—Bangor—+

9.2

—

4,250,581

2,711,392

Week Ended Feb. 25
1950

at—

First Federal Reserve

30,357.100

58,441,584

Total (7 cities)

detailed statement

week ended Feb. 25 for four
years:

Clearings

157.452,939
267,378,608
28,196,500

986,061,767

"

4

A

6,361.815

5.2
0.8

—

175,782,079

396,159,855

626,097,148

—

Outside New York

+ 28.3
—

64,594,303

Columbia—Washington

547,513,524
8,805,178.648
'

"

Minneapolis

We

737,673,643

+ 12.8

377,518,146

17

Total—

!

789,648,889

6,010,517

957,665,224

$

456,976,120

"

Louis

12th San

5,768,073

166.819.064
271.007.065

3,240,343
193,502,726

1947

§

7.7

+

„_10

City

7,961,084

10,285,000

Rockford

6

Chicago

10th Kansas

5,913,946,547

822,920,359

"

1948

Dec. %

6,672,212,343

"

7

$

434,261,932

4,468,328
2,685,910
4,249,281
5.475,520

3,610,395
7,813,292

800,171,968

105,536,908

Total (17 cities)

or

2,725,289

2,094,838

4.2

+

10,138,000

Springfield

Inc.

487,624.428

"

11

Atlanta

8th St.

cities

12

Richmond

6th
7th

York

Cleveland

5th

1949

980,303

1.039,690
3,718,408
925,000,000

769,000,000
2,280,736
3,031,833

—10.6

103,804,115

Peoria

SUMMARY OF BANK CLEARINGS

4

9.9

+

1,311,978

473,522

District—Richmond—

Sioux City

.

In the

Reserve

City Reserve District

Francisco Reserve District of
7.0%.
t

by 4.3%

larger by 6.3% and in the
Chicago Reserve District records an increase

The

Minneapolis Reserve District

District registers

1.7

+ 12.2

909,18?
1,028,189
1,968,892

appear

the

as

that in the New York
District

appears

New

7,402,962

158,171,660
268,859,226
27,574,400
4,287,456

5.1

+

today, inasmuch

not available at

are

$

District—Cleveland-

!

Carolina—Charleston
Maryland—Baltimore

by the foregoing will

furnish them

complete results

For that week there

week in

same

covered

statement, however, which

ings for the whole country
having
in the

week

the Saturday figures

elaborate detailed

able

are

2.5

+
—

Richmond
South

6.0

724,047.446

,

the above the last day of the week
in all

ending Feb. 25.

New

Reserve

Federal Reserve

Total

and exact details for the

issue of next week.

our

ends

789,648.889

Virginia—Norfolk—

^

[I

6,669 ,620

822,929,359

Youngstown

6.1

+

$14,842,462,556 $14,126,981,340

..

{

New

5,959,353

cities)

•

Total all cities for week
f

6,995 ,423

Jersey—Trenton

Federal

1947

$

6.9

+

2,485,177,635

632,129,462

—

D
•

7,662,505

2.4

—

District of

1__

day

3.212 ,831

Delaware—Wilmington

3.1

+

$14,210,333,094 $13,402,933,894

..

All

2.211 ,772

4.4

4,015 ,851

3,606,229

Pennsylvania—Pittsburgh.

3.4

+

$11,674,117,965 $10,917,756,259

?

2,681, 518

8.2

+

2,174,669

York

(11

+

4,116,226

Wilkes-Barre

Fifth

2,536,215,129

2.613, 486
758,000, 000

2,616,660

Scranton

Mansfield

8.0

318,499,913

Baltimore

—26.5

791,000,000

Cleveland

2.5

+

313,925,855

—

—17.4

1,245, 517

2,826,402

Philadelphia
Reading

Cincinnati

1.2

—

279,300,000

238,041,439

—:

+ 27.4

1,172, 723

915,493

1

39

Ohio—Canton

—

329,219.156

Cleveland

850, 143

968,772

Bethlehem
Chester—

1948

Dec. %

1,083,050

Lancaster

New

$

District—Philadelphia-

Columbus

335,238,000

>

Pittsburgh

,

265,414,755

286,200,000

San Francisco

,

262,276,130

Reserve

Pennsylvania—Altoona

Fourth

7.7

+

735,060,860
968,000,000

----

$
Federal

%

$7,715,030,232

Chicago

Philadelphia

1950

Third

Total

i

Week Ended Feb. 25
1949
Inc. or

40

FINANCIAL CHRONICLE

&

COMMERCIAL

THE

(984)

Monday, March 6,
'

Company and Issue—

Foreign Exchange Rates

Goldblatt
Indiana
1st

give below

daily
countries of the world* We

Tariff Act of 1930, the Federal Reserve Bank certifies

Pursuant to the requirements of Section 522 of the
to the Secretary of the

Treasury the buying rate for cable transfers on the different

record for the week just passed:

a

RATES

convertible

$2.50

Water

Co.,

3 Va 9'c

&

bonds,

Inc.—

Date

preferred stock.Apr

Pagt
♦

1

i

due

1970
;__Apr
1
National Gas & Oil Corp., 15-yr. 4439'c
debs, due 1962_Apr
1
Oregon-Washington RR. & Navigation Co.—
Refunding mortgage 3 If bondsT series A. due 1960__Apr
1
Pet
Milk
Co., 41491
preferred stock
—Mar 31
mortgage

f
*

♦

...

CERTIFIED

BY

FEDERAL

FEB.

EXCHANGE

FOREIGN

Inc.,

Bros.,

Gas

1950

24,

1950

TO

MARCH

mortgage

Tennessee

York

Buying Rate for Cable Transfers in New
Value in United States Money

Noon

Joseph Light

1st

INCLUSIVE

1950,

2,

& Power Co.—
2%%: bonds, due 1970.
Scranton-Spring Brook Water Service Corp.—
1st mortgage 2%%
bonds, due 1976

1930

UNDER TARIFF ACT OP

TO TREASURY

BANK

RESERVE

St.

Transmission

Gas

mortgage

pipe line

mortgage

pipe line bonds,

York
s

$

3>

Mar, 1

Feb. 23

Feb. 27

Feb.25

Feb. 24

Argentina, peso—

1st

bonds,

ENTIRE

.297778*

.297778*

.297778*

Pieferential

"A"

.206949*

.206949*

.206949*

.206949*

"B"

.174562,:

.174562*

.174562*

.174562*

.174562*

.138958*

.138958*

.138953*

.133958*

.138958*

•

753

ISSUE

1
1

1

CALLED

.206949*

Preferential

.297778*

.297778*

Basic

Bpecial
Australia,
Belgium,

.0199750

.0199875

.0544060

.0544060

.0544060

,909090

.909090

.909090

.909090

59c

gold

debentures,

due

.899140

.899375

.900625

.901250

5 9c

gold

debentures,

due

Nov.

.208500

.208500

.0200600

.0200600

.0200600

.144938*

.144938*"

.144938*

.144938*

.0028625

.0028625

.208700

.208700

.115718;
.262525 •'

—

1

peso

guilder
pound

.208700

.203700

.208700

Maytag

.115718

.115718

.115720

New

.262462

.262500

.262500

2.772896

2.772896

2.772896

York

1st

.140154*

.496125

.496125

Public

.0345964

.0346035

.0346321

Riverside

.327125

.327125

.327125

3%

15

Apr

1

553

Apr.

1

750

1

•

.327125

•

""

1st

1963

May

1914.:

bds„

4 9c

360

1

*

6

55S

Mar 31

due

A.

ser.

*

1961.Apr

stock.

Mar

Corp.—

bonds,

series

A—

May

1

Apr

1

Power & Ligijt Co.—

debentures,

Service

Co.

of

1965—

due

Colorado,

Club. (Chicago)

Golf

4 9'c

mortgage

;

4.40(c

preferred stock.Apr 24

,193329*

Thew

Shovel

.232440

.232500

.232450

Ward

2.783750

2.783750

2.800742

*

Mar 15

754

Mario

i960

500

Baking Co.—

2.783750

r

—

bonds, due Nov. 1,
7% preferred stock

.232500

2.800742

.193329*

.193329*

.193329* \

2.800703

2.800664

"

1,

preferred
preferred stock.

59c

2.783750

Closed

1953

3 Va 9c

Service

Water

f.

s.

1,

dated

mtge.

1st

$6

Pennsylvania

.140154*

.496125

bonds,

1st

Corp.,

mortgage

.0346142

54b'■<

Co.,

debentures

25-year

r

(subordinated),

due

l$70__Apr

1

'

.658327*1"

.658327*1"

.658327*t

.658327*1

.658327*1

.561797*1

.561707*1

.561797*1

.561797*1

.425531*1

.423531*1

.425531*1

'

.561797*t

peso

Co..

.140154*

•

2.800664

peso

Electric Co.,

.496125

.193329*"

.425531*1

.425531*1

*

„

in

•Announcement

this

issue.

Auction Sales

tApplication depends upon type of merchandise.

•Nominal,

Apr

Hotel Co.—

Johns-Manville

.231940

peso

Uruguay,

stock

due 2019

income bonds,

(

mortgage

.0028625

-

.140154*'

2.783750

pound
United Kingdom, pound sterling
Africa,

1st

.0028625

•

Straits Settlements, dollar

franc

6%

2.772896

Closed

.496125

krona

Hastings Square

.0200600

Iowa

.327291

Uruguay,

mortgage 4V2 9't

.144938*

,140154*

.0346071

Uruguay,

General

.262525

2.772896

krone

of South

*

1

Chicago, Rock Island & Pacific RR.—

.115718

Philippine Islands, peso
Portugal, escudo

Union

.208500

.208500

.0200600

—

krone

Switzerland,

Pag!

1

May

preferred

April

.0028625

;

India, Dominion of, rupee

Sweden,

Apr

C-.._.

1st

.0199714

.208500

koruna

(Metropolitan >, franc

Norway,

Ltd.,

Co.,

0199857

.898125

rupee

Czechoslovakia,

New Zealand,

Cordage

series

.0544060

•

_

Netherlands,

Brantford

bonds,

59'c

mortgage

stock

Canada—

oi

.909090

r-

Free

Mexico,

Co.

preferred

Cities Service Co.—

Official

France

Telephone

Date

7 f,t

Co.,

.0544060

Canada, dollar—

Denmark,

2.231573

2.231573

Creosoting

.0199250

franc

Brazil, cruzeiro

Ceylon,

Bell

1st

2.231573

2.231573

Closed

2,231573

pound

Company and Issue—
American

«

1

Mar 15

.

3C series, due 1967—Apr
234(f series, due 19G6-Apr
bonds, due 1960
...Apr

mortgage

$

$

&

3V4ri

Corp..

Mar. 2

1

Co.—

1st

1st

Country and Monetary Unit

Apr

Transacted

Statement of Condition of the 12 Federal

York

City and

deposits adjusted decreased $55,000,000 in the
$48,000,000 in the Cleveland District,

Demand

Reserve Banks Gembined

decrease of $16,000,000 in the Atlanta

a

District.

by R. L. Day & Co., Boston, on Wednes¬
day, March 1:
Shares

STOCKS

100

District,

Atlanta

Verney

Corp,

Associated

7

$ per sharo

J

—_

Textile

in the Minneapolis District, and $43,000,000
in the San Francisco District, and increased $161,000,000
in New York City; the net decrease at all reporting
member banks was $82,000,000,
United States Govern¬

Cos.,

5%

__

common..

...

36:!4

$46,000,000

thousands

(in

of dollars)
Increase (+ ) or

decrease (—)

Gold

Redemption

___

_

for

fund

R.

F.

313,500

advances

loans

Borrowings decreased $217,000,000 in New York City
$38,000,000 in Chicago.
A summary of the assets and liabilities of reporting

219.263

+

71.800

225

+

1,646

and

member banks follows:

Certificates

5.731,450

—___

Notes

S. Govt, securities.

17,756.874

+

.

.

—4.080,582

Due

F.

loans

from

R.

securities..

and

of

34,245

—

——

117,973

.

+

16

87

chasing or

2.066

+
—

S.

U.

50,879

—4.002,433

Real

Federal

Reserve

notes

—

22.968,766

31,237

+

—

555,057

-U

—3,396,669

112,111

8.

403

-f

174.672

321,863

+

134.679

558.912

+

24.627

+

76,560

Total

deposits

:

items...

availability

Other liab.> incl.

.+

18.286.491
2,349,531

accrued divs.

■

+

9.965

—3,507.298

311,639
118,213

1,279

—

469

+

1.442

—

securities

Other

with

Cash

+

459,815

214.640

+

218

-

—

270
571

—

23
324

Surplus
Other

(Section

capital

+

21.462

+

28~273

488.173

27.543

13b)

5~102

4.

U.

Government

S.

accts.

44.493,529

+

465,135

—4.002,433

of

note liabilities

combined.—.

Contingent liability

56.0

0.5 If

—

♦Feb.

15

accounts,

to

loans

Paper

262

—

1.169

565

—

462

—

5%

The condition statement of weekly

reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week end¬
ed Feb. 21: An increase of $187,000,000 in holdings of
United

States

securities

Government

and

decreases

of

$177,000,000 in loans, $285,000,000 in reserve balances
with Federal Reserve Banks, $306,000,000 in demand de¬

posits credited
borrowings.
Commercial,
creased

to

domestic

banks,

and

$236,000,000 in

Bosch

2

+

for

7

—•

60

—

100

+

66

$21,000,000 in New

and

agricultural

loans

York City and by

de¬

smaller

net

banks.

of Treasury bills increased $117,000,000 in
City and a total of $96,000,000 at all reporting
member banks.
Holdings of Treasury notes increased
$40,000,000. Holdings of United States Government bonds
increased $55,000,000 at all reporting member banks; the
principal changes were an increase of $60,000,000 in New




1

4-

1

3-10

4-

1

3-18

15c

4-

1

3-18

1

3-18

745

Apex

23

190

Arkansas Power & Light Co.,

236

35

and common stocks called for redemption,
those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

preferred
including

ing tenders, and the page number gives the location in
the current volume (except where indicated) in which

given in the "Chronicle."

were

OF

Heller

ref.

Date

(Walter

E.)

&

Co.,

PARTIAL

REDEMPTION

Company and Issue—
Baker

Association

Bob

O'Link

1st

Golf

mortgage

Cleveland
1st

oi

Corp.

s.

f.

5#

f.

bonds,

America,

Union Terminals

mortgage

s.

bonds,

3 9'c

preferred

class

A

Motion

Topeka

Ohio

Episcopal

3-15

1

3-17

4-

1

3-17

— —

due

March

debentures

1.
due

B

and

C

Line

59 %C

4-

1

3-17

12VaC

3-27

3-15

4-

Ry.

Co.

3-10
3-

$1.50

6-

1

4-28

$4.50

3-

1

2-20

$1.25

4-

1

3-17

$1

5-

1

4-

5

93 %c

5-

1

4-

5
6

1

20c

Co.

1

3-10

Inc.

(quar.)_

Ry.

(s-a)

(quar.):

(quar.)
Alarm

—

—

— ____

——_

(Del.)

decided

have

(quar.t

A

(quar.)—

(quar.)____—

(Hartford)

& Sons, 6If

F.)

Fe

preferred

1

(quar.)

15c

3-10

3-

30c

3-22

3-

25C

4-

1

3-17

preferred—
omit

to

the

quar¬

Allied

Babbitt

Bank

(B.

Products, Inc.,

Building
Oil

Inc.

T.),

Equipment

&

pfd.

4'f

(quar.)

(quar.)
(quar.)

Corp

—

—

1,

50c

4-

1

3-15

30c

4-

1

3-10

15c

3-15

50c

4-

1

3-16

12 Vac

Avon

(L.)

3-

1

2-23

3-15

3-

6

& Co.—See Ludwig Bauman

*

1

Lomb

1952
Mar
196o__Apr

•

1
1

•

&

Lumber,

Beatrice

3%%

Foods

Apr

1

..

103

$1

4-

1

25c

4-

1

3-10

(quar.)

50c

4-

1

3-14

(quar.)

84%c

4-

1

3-14

4-

1

3-15

4-

1

3fl5

Optical,

4%

class

(quar.)

Co.,

convertible

A

pfd.

common

preferred

(quar.)

—

—,

Belgium Glove & Hosiery Co. of Canada, Ltd.
Common " (quar.)

A,

(quar.)

$1.12 Va

Co.—

Co.

Fire

Bausch

Church,

Mar

bonds

Air

Automobile Insurance Co.

(B.

1

4-

Industries.

Sar.ta

preferred B

Press

3-15

115c

Telegraph

convertible

Automatic

1

4-15

(quar.»_

Picture

&

Refining

Atlas

3-15

4-

25c

_

—

Charlotte

Atlantic

3.75If

1

Hardware. Ltd/—

H.)

&

49'c

3-

4-

25c

(quar.t

(quar.i_— _

preferred

3-15

$1.50

—

conv.

(quar.)——:

Atlantic

Bauman

Co.

series

(quar.)

—

Corp.

37 Vac

$1.75

______

$6 pfd.

Pagt

Date

Club—

of

44a9c

Rubber,

Beaver

Methodist

and

(quar.)

4-

$1

(quar.)_.

(quar. i_—

(quar.)
convertible

Barber

,

the

serial

Co.

3-15

,

City, Kansas—

mortgage

Celanese

554
557

and Kansas Educational

University (Trustees oft

Baldwin

1st

Page

Apr 12
Mar 27

bonds, due 19615Vz7o preferred stock

4vz7c

mortgage

50c

pfd.

terly dividend at this time.

Valley RR.—

and

—

—

preferred.

Constable

Avery

TENDER

Company and Issue—
1st

6%

B

Directors

NOTICES

Holdings

New York

4-

15c

Co.,

&

(resumed)

&

1

$1.50

306

Atlanta

1

(quar.)—__

1 irrtg. )____

(quar.)—

Class B

list of corporate bonds, notes,

a

2

3-

Processing, com. (resumed.)

1,035

Associated

3-

3-10

3-15

181

(J.

3-10

3-13

3-13

Optical Co.

A

1

6-

Tobacco

Class

4-

1

Yarn

43/4 'v

3-22

25c

4-

American

Steel,

2-14

1

6-10

American

Class

1

3-3C

332

Armstrong

1

34-

18c

549

Armco

2-14

3-

25c

Corp.

19

except

$2.50
12 Vac

common

Co.

preferred

3

_

Mfg.

$7

of

(initial)

International

conv.

5-15

(Texas)--

——;

shares

(242

American

Smelting

4-

5-31

held)

share

common

4-15

Co.—
_

82

Notices

amounts in

nearly all of the other districts; there was a
decrease
of $51,000,000
at all reporting member

Derrick

&

3-20

25c

Co.

•

(quar.)—

dividend

each

New

Insurance

—

Hoist

Stock

956

2.259

285

_:j_—

—

common

3

4-14

50c

2.966

Old

5-

25c

.

Extra

American

3-15

1

50c

General

62

1

6-

25c

—

American

+

3-10

4-

tCinc.)—*

622

—.

3-20

8

$1.25

(quar.)___

common

Fire Insurance

822

55

3-22

30c

4,348

40

1

—

+

Redemption Galls and Sinking Fund

the details

Y.)

(N.

+

(Philadelphia District).

found

(quar.) —

Co.
.

4

20.386

Below will be

pfd.

(quar.)

Quarterly

3-22

4-

15c

4f'<

Insurance

Corp.,

1

125c

(quar.)..

quaiterly

preferred

4-

$2

(increased)

Corp.

Dye

3-

40c

4irreg.)

3-24

62 Vac

Canada

American' Druggists
Annual

Ashdown

Aroostook

industrial,

&

of

Alliance

Increased

Atchison,

Condition Statement of Member Banks

3-10

3-17

15c

96

indus¬

—

1

American

4,153

+

3-10

4-

1 quar.

Mills

Co.

American

Arnold

7,364

...

make

2-20

1

accounts,

Govt,

figures revised

1

4-

+

5.19c

+

3-10

3-

—

187

foreign

correspondents
Commitments
trial

demand deposit
and
U.
S.

to

during week

accept¬

purchased for

ances

on

Chemical

(quar.)

(quar.)

common

pfd.

Allied

47c

—

interbank

certificate re¬
F. R.

gold

to deposit and

serves,

3-20

5c
pfd.

1.249
257

—

Borrowings
Debits

Ratio

3-20

(quar.)

8.991

deposits

banks

1

Forging & Socket (extra>_——i_
Furniture Mart Building Co.__

demand deposits:

Domestic

Foreign banks
Total liabilities & cap.

Inc.

Inc.,

conv.

American

Government..

except

4-

American

46.843
15.395
2,938

deposits adjusted

deposits,

Interbank

147.370

accounts..

Time

343i»c

—_

45

Liabilities—

11,160

3-20

87VaC
I
37 Vac
(quar.t$1.06¥4.
prior

American

Demand
+

4-1

590

+

2,155

domestic banks

with

3-15

12430

common-..

+

—

757

—

52

1

—4.063,323

Capital Accounts—

Capital paid in__
Surplus (Section 7)—

Industries,

Co..

+

—

12.012

Banks

4

+

5.223

Reserve

+

-f.-

24.914

—____—

Federal

1

4

—

3.988

vauit_

in

Balance

43.614.803

Total liabilities

indebtedness.—

of

Treasury notes
U. S. bondsReserve

37.162

securities—Total

certificates

Treasury

1

4-

+

5.858

Other

4-

75c

5

—

2,402

229

Government

50c

11*

—

+

S.

1

45

+

,

306

4,439

+

U.

—

53

3-17

4-

+

4,410

______———

884.996

—

140

3-1S

62Vac

Co.

common

preferred

American
—

431

554.859

—_

Deferred

+

137

-I-

acct.

Treasurer'— gen.

Foreign

—■

994

16,237.724
'

U.

1,368

3-13

4-10

—

(quar.i_.-_

(quar.t

$3.50

Allied

51*

pur¬

acct.

bank—reserve

4449b

$2.50

loans—.

loans

Co.

Discount

Mfg.

Gas

Inc.,

Allianceware,

banks

to

Other

Member

Brass

183

for purchasing or carrying:
obligations— —

estate

Loans

Deposits:

Akron

175

obligations

securities

&

preferred

Allen

Government

Other

Liabilities—

Investment

265

securities

S.

U.

Insurance

Life

Alabama

carrying:

Other loans

«

Aetna

Aluminum

Government

Other

465,135

+

for

dealers

ana

(Hartford)

...

177

13,354
brokers

to

& Surety Co.

Quarterly

5 039

.

3-30

75c

...

Alden's,

and agricultural

industrial,

loans
Loans

1949

Holder*

PavaMe of Rec.

—

Co.

Casualty

24,974

.\

Loans—gross

39.011

Feb. 23
,

announced

When

25c

Aetna

8

66.985

.

Commercial,

Share

(irreg.).
Addressograph-Multigraph Corp.
Express

24,600

Investments—Total

Loans and

13.956

—

1,121

—

44.493,529

assets

'

—

127,940

+

—.—

Bank premises

7.962

—

2.730.309

items

Other assets

—4,007,136

351,783

+

•

106.549

banks—

other

,

33

foreign banks

notes

Uncollected

Total

13,072.785

1950

were

Per

Name of Comvanv

542''

fan millions of dollars)

\

Assets—

Loans—net
Total

Feb. 15,

1950

—3,028,027

132,300

+

Feb. 21,

915.450

47,000

—

'••.v'.'

Aid

Dec. (—) Since

647,319

—

561,900

+

6.339.700

.

.

502,900

—

1.262,500

—

___

—1.320 686

120.300

3.873.224

—

payments shown below
during the current week.

Agricultural Insurance Co. (Watertown, N. Y.;
Inc. ( + ) or

Bills'

Total U.

+

DIVIDENDS
The dividend

Adams

securities:

Govt,

Bonds

46,506

—

+

-

tricts.

74.983

+

5.423

—

2.411

—

—

3

+

311,279

and

Industrial

79,014

—

23,120,351

reserves

cash

Discounts

153,997

+

537,920

Total gold ctf.

U. S.

3

deposits increased in all districts and a total of
$181,000,000 at all reporting member banks. Demand
deposits credited to domestic banks decreased in all dis¬

ment

$

22.532,431

notes

Other

1949

$

$

certificates

Mar. 2,

1950

1950
Assets—

since

Feb. 21,

Mar. 1.

57c

preferred

(quar.)

—

115c-

125c

•'

Volume 171

Number 4887

THE
Per

.

Name of Company
<■
Beneficial Industrial Loan
,

$3.25
$4

preferred

convertible

5%

Diamond

Book

of

the

Boyertown

.

Co.,

Traction
Brass

Mig.

$2

Co.,

claas

A

,

&

iquar.)

__

12

on

a

Company

$1.30

Co.,

common

iquar.)

preferred

Bush

Co.

(quar.)

preferred

3-24

1

3-10
4-

3-10

1

3-20

3-10

3-

3-

$1

2-21

$1.25

1

I

3-

1

2-17

20c

(quar.).

4-

1

3-16

4-

1

3-16

10c

4-

30c

:
...

3-16

3-10

25C

2-28
3-

1

3-31

25c

Buildings, 7% pfd. laccum.)
(Holding), Ltd.—

1

4-

J40c

:

9

3-10

3-11

3-

4-

$1.75

a234%

convertible

Corp.—
preferred (accum.)

Bread

Ltd.

Canada

Dry

$4.25

Co.,

Iron

pref.

3-15

1

B

10c

(quar.)

1

Power

!__

(s-a)

Corp.,

Ltd.

(quar.)
__

...

A

3-31

H5c

4-25

3-20

isoc

3-31

3-24

4S3.50

3-31

3-24

$50c

4-15

3-18

J 75c

5-15

4-14

J31c

5-

4-10

1

Ltd.,

(increased)

com.

conv.

Carreras,

W.)

Corp.

preferred

120c

4-

1

4-29

3-31

4-15

3-15

3-29

3-15

3-15

2-25

3-31

3-16

Vac

3-15

3-

4-

3-13

1

8

4-

1

3-15

4-

1

3-15

25c

3-31

3-17

1-16

2-23

1-16

50c

4-15

5c

....

&

2-28

5c

Electric

4Va%

pfd...

_______________

4-

3-31

1

3-15

3-30

3-16

3-31

3-16

$1.12 Va

4-

1

3-10

$1.18%

4-

1

3-10

prior pref.
above

demption

25c

(quar.)_„—....

$1.12 Va

3-15

3-

4-

3-15

1

9

issue

is being called lor re¬
April 15 at $105 per shaie.

cn

Cherry Rivet Co. (quar.)
Chesapeake & Ohio Ry.—
taken

was

on

3-31

3-20

at meeting of Feb. 24.
preferred iquar.)
Chicago Dock & Canal Co. (quar.),

Quarterly
Ltd.,

South

&

87 VaC
$1

Bend

—!___'
5 Va %

25c

is-a)_______

Worsted

Mills

Molybdenum

Clopay Corp,
common

Coast

Supply
Machine

Hobbing

Cleveland

Climax

Gas

1

Life

1——_

Co

action

no

—

on

Mutual

&

3-15

3-

3-31

3-15

3-20

3-10

1

3-20

4-

3-18

3-

8

3-16

3-

6

10c

3-31

3-15

25c

Co.

of

Life

Insurance

3-10

3-13

3-

$1

Co.

Edison

Corp.
Co.

(reduced)

(N.

(quar.)

Y.)

3-13

3-

6

$5

4-10

6

10-

9

3-31

3-31
9-30
3-

8

$1.25

(quar.)

5-

1

4-

7

10c

(Baltimore),
4# preferred
4%%

Textile

Consumers

Co.,

Vultee

of

each

of

1

3-15

1

3-15

6-

1

3-15
4-

3-

8

7

3-24

3-31

Inc.,

3-13

'

(quar.)
Co.__

Fibre

25c

3-15

2-28

15c

Inc. (quar.).!
(year-end)—

Sugar

Curtis

Co.——

Companies

Curtis

3-30

3-21

3-

25C
____

3-10

4-10

40c

America,

Zellerbach

3-20

25c

__

3-31

3-10

80c

4-

1

9

3-13

25C

4-

3

3-17

25c

3-

1

2-14

Publishing Co.—

$4

preferred

prior

David

&

.____

Ltd.,

Frere,

class

A

$1

(quar.)___

De

Long

Hook

Extra

De

Pinna

iquar.)

—

(A.)

action

(No

...

Eye

&

_'

6%

3-31

:£75c

3-31

3-15

3-31

3-15

4-

3-20

50c

3-15

3-

15c

pfd

conv.

1

3-15

50c

——

Company,
taken
on

3-10

J25C
—

(annual)

B

1

150c

Extra
Class

4-

4-

3-15

1

3

dividend

common

&

Delaware

Power

3.70%

Co.

&

Light,

Tire

&

Rubber,

RR

4%

iquar.i

pfd.

5%

Detroit
Detroit

Mortgage

Corp.

3-13

4-

1

3-15

3-31

3-10

9 2 Vac

3-31

3-10

$1.07

pfd.

iquar.)

—

RR., common

3-31

3-10

$1.50

3-

1

2-20

12 VaC

3-31

3-15

Co.

i resumed i_

Realty

(quar.)
(quar..)—

6%

Co.,

Ferries,

prior

Electrical
Liectro




Co.

Investment

Trust

3-

1

4-

1

3-15

5r/o

4-

1

3-15

6'o ••1st

3-15

3-10

1

3-10

15c

Ex-Cell-O
Stock

preferred

Corp.

3-

3

3-15

3-

3

$1.37)2

3-20

3-10

3-24

3-17

$1.50

iFreti)

Federal

Screw

Ferry

6%

Tarrant

Filtrol

Co.

Finance

of

3

3

3-17

8'i)ac

&

Shoe

3-10

Mfg.

3-15

3-

4

Liberty

4-

1

3-14

Lincoln

4-

1

3-14

Lincoln

1

3-17

partic.

General

(quar.)

$4.50

preferred

6%

preferred

General

Bronze

Builders

Electric

3-

3

3-13

Class

A

3-13

Class

3-15

3-31

50c
$1

iquar.)

Mills,

Portland

General

Inc.,

Georgia-Pacific
$2.25

1

3-15

3-15

25c

4-29

4-14

4-29

4-14

(quar.)____

28VaC

.

34%c
25c

____

2-28

4-

1

3-22

4-. 1

3-17

4-

1

3-17

4-

1

3-20

Alden

Knitting

Golden

3-

4-25

iquar.)

Lumber

&

$1.25

__

50c

____—

Great

Lakes

Class
Class

1

3-22

1

3-15

$1.25

4-

1

3-15

10c

preferred

$1.75

(quar.t

10c

1

$1

3-31

3-

9

$1.25

3-31

3-

9

B

preference
Life

Guaranty

Trust

(W.

Co.,

Co.

3-15

3-

3-23
3-31

3-10

3-31

3-10

J5c

3-10

1

3-20

1

3-15
3-15

3-20

3-10

25c

4-

1

3-15

$1

4-

1

12 lie

3-31
3-31

3-15

quar.)

3-31

$1.25

(quar.)_.

4-

3-15

1

3-15

4-

$1,37V2

3-28

3-17

$1,121/2

iquar.)

4-15

3-31

action

taken

March

meeting
Harshaw
Hearst

on

1.)

Chemical

Co.

Consolidated

T/o

preferred

Hein-Werner

Hercules
New

A

Class

(accum.)—

(Edward)

Fire

(San

&

3-10

25c

Finance

Ball

Co.

preferred

8

8

3-15

Interlake

10c

3-31

3-16

International

lc

3-15

3-

Inglis

1

John)

preferred

Co.,

preferred

4-

1

3

3-17

3-15

3-

3

3-10

3-

4

$1.50

4-

1

3-20

—

25c

4-

1

3-21

56V4C

4-

1

25c

pfd.

iquar.)

Ltd.

5V'a '/o

3-16

iquar.)

3-15

3-15

4 c'o

1

7-2*

1

10-2*

3-13

2-23

37lac
BlVuC

3-13

2-23

3-13

2-2»

4-10

3-31

$1.25

4-10

3-31

17!ic

3-20

3-10

3-31

3-10

3-15

3-

3

3-21

3* <1

3-31

3-17

lliU'aC

3-31

412 VaC

3-31

3-10

3-10

3-27

1

3-27

5c

6-

1

5-15

5c

12-

1

11-15

common

1_—:——

common

.

3-2*

___

2-24

2-)4

4-15

3-20

J17VaC

4-15

3-20

4-

1

3-20

25c

4-

1

3-20

$1.12V'a

preferred

(Entire

3-31

;

3-15

4-

$1,0614

3114c

iquar.)

1st

50c

20c

iquar.)
—— _

last

1

3-15

4"

1

3-15

issue

week.)

$1

common

(quar.)

dividend

—__

________

preferred

preferred

(quar.)

10c

30',«

3-31
4-

3-23

1

3-14

3-

3

$1.37Va

4-

1

3-1*

$1.50

4-

1

3-1*

3-31

Ltd)—

(quar.)

J S1

4-20

50c

3-14

25c

4-

1

3-15

37'ac

4-

1

3-13

Merck

Publishing Co. 1 increased)
Inc., 5Vo pfd. iquar.)

&

$3.50
$4

Company,

preferred

convertible

common

iquar.)

(quar.)

2nd

t*

4-

1

3-13

$1

iquar.)

4-

1

3-13

30c
1 Oc

Utilities, Inc.

Manufacturing

3-

87Vac

preferred

Co.

South

Miller

iquar.).

27lie

Co.___—_—

5c.

3-13

3-13
4-

3-

0

3-

5

1

3-10

3-31

3-21

Minneapolis & St. Louis Railway—
Directors

at

action

meeting

on

Feb.

on

dividend

a

consideration

will

took

27

declaration.

be

at

the

no

Next

March

29

meeting.
Minnesota

&

Ontario

Paper Co.

37VaC

(quar.)
—

_____

Monarch

Knitting Co., Ltd.,
preference
(quar.)

414%
Monroe

5%

Auto

Montgomery
class

$7

Montreal
Moore

Drop

Mueller

Corp.

of

last

week

shown

5%

Myers

iquar.)

iquar.)

Securities

date

B

Co.,

Inc.

iMd.i____

Electric
Fire

Jersey

preferred

Yorker

iquar.)

Co..

Ltd.

iquar.)

Oak

3-20

4-

I

3-17

4-

1

3-20

Oneida,

i50c

4-

1

3-10

Ontario

J$1.121i

4-

1

3-10

Class
Ohio

6%

1

3-20

3-13

2-23

3-13
3-13

2-23

3-30

3-15
3-15

2-23

15c

4-

3-15

30c

4-

1

3-ltt

3-31

3-10

5-

4-14

1

1

2-23

4-15

35c

3-27

3-

5-

1

4-15

3-31

3-17

t)2c

4-15

3-15
7

3-31

4-

1

3-13

4-

1

3-10

4-

1

4-

3

3-13

4-

3

3-13

3-15

3-

3

3-10

3-

6

30c

4-

1

3-20

3-31

3-13

3-15

3-

6c

6

1

3-15

4-

1

3-15

class

3-10

2-21

25c

A

Service

preferred

Ltd.,

Co.,

common

preferred

Beauty
Participating

com.

iquar.)

(quar.)

conv.

3-

1

3-24

3-

3

3-24

3-

a

31c

3-31

'3-3

4-

3-15

3-

3

37V2C

iquar.)

974c
31V4C

—

iquar.)

Supply Co.,

3-15

$1.25
$1.25

Co.,

(quar.)

4-

25c

Corp

75c
40c

(quar.)

Coal

3-20

iPenn.)—

iquar.)

B

Public

3.9%

3-10

4-

50c

—

:_

Co.

Manufacturing Co.

3-20

3-20

50c

25c

Inc

Rayon $3 pfd.

Illinois

40c

10c

A

Brass

3-)0

5614c

'

Co.

Acceptance Corp.

Oh>o

3-29

$1.18%

Co.

Gas

3-15

3-14

$1.01)4

common

North American

Shore

3-13

1

12c

(quar.)

quar.)

Service,

Noblitt-Sparkes

North

1

4-

Light—

Magazine,

American

4-

3-29

20c

iquar.)
Co.

(quar.)
Industries
(quar.)

Class

0

3-13

t371bc
Co.

(quar.)

Auction

File

3-

1

25c

System

(initial

Public

preferred

Nicholson

0

1

4-

75c

Insurance

Power &

York

3-

4-

$1.50

iquar.)

Telephone

England

Engl: nd

New

4-15

25c

-

iquar.i-,

Insurance

New

Orleans

50c
t40c

30c

iquar.i

iquar.)

Ltd.

Fire

New

434%

3-17

75c

(quar.)

iDetroil)

New

4.05%

1

12c

Naugatuck Water Co. (s-a)
Nekoosa-Edwards Paper —

New

3-10

4-

12!aC

common

Car,

Brunswick

1

was

(increased)

Co.

Co.,

Union

1

4-

published

iquar.)

Casualty Co.

Steel

was

payment

Brothers

preferred

4-

—

louar.)

Gypsum

National

J25c

15c

iquar.);

National

Lead

3-10

7

$1.25

;___

the

B

&

3-17

20c

common

declaration

but

E.i

1

593ec

iquar.)

(Hawaii)

incorrectly)

Nation-Wide

—

iquar.i.

pfd.

$5

Co.

preferred
<F.

common

preferred

America,

preferred

4.8%

(quar.,)_

iquar.)_

(quar.)

iThis

4-

25c

Telephone

Common

common

Co

preferred

Mutual

12laC

$1.75

Corp.,

Brass

Murray

Co.,

Works

Forging,

convertible

Finance

3-10

:t$1.121a

(quar.)—

com.

(quar.)

Locomotive

434%

4%

&

3-

Co.—

(quar.)

Ward
A

3-31

3-24

3-31

62Vic

Equipment

preferred

4-25

15c

50c

Mission Appliance Corp.
(quar.)—
Mississippi River Fuel Corp.
n____
Molybdenum Corp. of America iquar.)

1

Ltd.—
:

811-

371ac

McGraw-Hill

25c

iquar.)

Co

Industries,

1

4-28
4-

4-23

4-

preferred (quar.)
McColl-Frontenac Oil Co.,

4-1

$1.25

1

$1.50

—

6"0

SlOc

—

<quar.)__

SI

4-

5-

1

Company,

Stock

Northern

$1.1834

1

30c

4-

(quar.)

$6

North

(quar.)____

3-

$1.50

Corp.,

columns

our

New

iquar.)

Metal

41i%

3-

Telephone—

Steamship
A

7

3-29

(quar.)_

(quar.)

Class

3-

4-15

3-11

30c

Co

Indianapolis Power & Light 4%

3-

3-15

40c

(quar.)

preferred

Commercial

preierred

7

Co.—

Incorporated Investors
57o

3-

4-

Corp.—

convertible

$4.75

Thrift

Bearing

Houdaille-Hershey

3-15

$1

Insurance

3%

3-22
3-10

50c

common

1

3-21

62 Vic

(quar.(_

Co.,

(quar.)
&

Corp.,
&

2

12lie

—

(quar.)

Lumber

Marine

Gibson

Illinois

3-

3-30

12lie

Francisco)

Honolulu

$2.25

3-15

15c

iquar.)

.

1

20 Vo

Corp., class A

B

3-

—433/4C

quar.)

Q

3-15

t20c

Co.

McBee

New

(Initial

3-

for redemption on March 31 at $111
share, plus this dividend announced in

per

6%
3-15

3-18

3-17

1

—_____

National

(quar.)

Hollingsworth & Whitney
$4
preferred
(quar.I
Home

30c

dividend
Oil

Hlnes

(quar.)„

3-17
3-10

called

National

Corp.—

common

Stock

at

Publications, Inc.—

Corp.

Motors

dividend

common

1

4-

National

Harrisburg Steel Corp.—
(No

3

3-25

$1.50

preferred

Maytag

3-15

50c

Co...

(increased

-

Manufacturing
Telegraph & Telephone Co., Ltd.—

4Va7o

3-15

common

preferred

3-31

4-

4-15

(quar.)

Harrisburg Gas Co.,

3-10

$3

10

preferred

3-10

25c

—

com.

pfd.

preferred

Motor

(quar.)

Munning

Co.,

3-31

7

(Winnipeg)

dividend

prior

3-20

t621/ac

(quar.)

Winkle

Seybold

Stock

3-22

(quar.)

Printing Co.
Company, common

Hanson-Van

1

3

4-14

iquar.)

Y.)

F.)

preferred

3-

4-

J25c

Ltd

iN.

1

30c

2 $5

Wire

3-

20c

$30c

Co.

3-10

3-10

+15c

(quar.)

Assurance

$2

•

1

3-15

7!aC

—

prior

iquar.)—
Marshall Field & Co., 4\'a '/»
pfd. iquar.)
Maryland Drydock Co., common (quar.).

3-27

4-

44-

(quar.)_

Basket

3-10

15c

(quar.).

iquar.)

1

3-20

4-

:f$l

5c

iquar.i_

preferred

3-10

4-

4-15

$1

Y.)

3-

1

3-30

25c

(irreg.)

(N.

3-15

3-15

J5c

—

Insurance

<o'/v

Extr&

1

7

common—_—_—_______

77o

Middle
4-

3-

Ltd.—
(Marcus) Theatres, Ltd.)

Meyer-Blanke

40c

1

McQuay,

4-

(quar.)

preferred

West

3-14

3-14

4-

—

Engineering Works (irreg.)
Industries, Inc. (quar.)
Paper, Ltd., common

Quarterly
Greening iB.)

3-21

1

4-1

56?/»c

(quar.)

—

A

3-13*

$1.50

_—

Warehouse & Cold Storage Co.
Stores, Inc. iquar.).

Lakes

4-

3-10

Co.—

Trunk

Great

3-31

50c

$1.06V'4

Mines, Ltd.
(interim)
Ltd. iquar.)

Co.

Lakes

1

3-31

20c

.

1B. F.)
Company, common....
preferred (quar.)
Goodyear Tire & Rubber Co. of Canada, Ltd.

Great

4-

4

4-

3

Ltd.—
—

RR.,

Market

3-17

.,

American

3-15

8

3-15

$5

Drug

3-

3-31

Goodrich

Great

3-16

3-15

25c

T/o

Co

Mfg.

3-21

60c

preierred

Co.

Manitou
State

3-16

31'Ac

Works

Brewing

Golden

3-20

Co.—

Globe-Wernicke,
Goebel

1

3-21

10c

iquar.)

Coal

4-

25c

'#

60c

Common

$1

3-

Loew's Theatres,

Mai'itime

3-10

\

1

25c

(quar.)

Common
Marcus

Marion

15c

iquar.)

Co

Co.

(quar.)

Export Co.,

Realization,

3-15

10c

common

preierred

Co.

R.)

preferred

Mar-Tex

33-

4-

35c

(Irreg.)—

iquar.)

Wells,

3-15

75c

d

common

iquar.)

$6

67«

3-17
3-14

1$1

iquar.)

—

Marshall

3-31

iquar.)

5%

(H.

Central

3-31

15c

Plywood

Power,
preferred

Maine

3-15

$l,12I/a

Cement

preferred

MacMillan

(See Loew's

Directors at meeting on Feb. 25 decided to
omit dividend payment at this time.
Glens Falls Insurance Co. (quar.)______

$5

4-

3-30

3-15

55c

Realty & Utilities Corp. is-a)
Time Corp., common (increased)
preferred
iquar.)

General

Harris

1

6

(increased)

Co.

&

pfd.

B

(increased quar.).

Corp.

General

Bauman

3

75c

com.

Cement

Angeles Biltmore Hotel

Ludwig

4-

4-

.____

—

Theatres,

Portland

3-31

'

quar.)_

(quar.)..

Supply,

Ltd

Los

65c

Telegraph-

T,i

iMarcus)

4-

25c

(quar.)__

Candy

General

4'/o

3-17

3-17

1

(quar.)

&

(quar.)

iquar.)

Longhorn

3-1®

3-31

(Fort
—_

5'Jo
preferred (quar.)
Lindsay Light & Chemical,

30c

(quar.)

preferred

General

Hall

1
1

25c

5%

Great

44-

3-31

(Texas),

Corp.

Common

12VaC

Extra
General

Gray

1

1
1

37!aC

preferred

Telephone

25c

(increased

Oil

3-

$2

(quar.)

American

3-10

$3

(quar.)

Investors,

Co.

iquar.)

Loew's

50c

preferred A

American

Ind.)

Insurance

prior

9

4-

5-

50c

Corp._
Life

Service

Lincoln

1

3-

50c

30c

Building
National

Wayne,
Quarterly
Quarterly
Lincoln

3-10

1

10c

(resumed)—

T/o

6

3-23

30c

Corp.

iquar.)

67o

3-

3-23

50c

i—

Co.

3-28

3-

1

25c

(quar.)

Cement

Corp., common iquar.)—_
participating
preferred
iquar.)

3-15

B

Light Co.
Co.__J

Portland

3-10

3-20

1

4-

$1

L

3-31

10c

4-

10c

—

3-

35c

(irreg.i_

Y. (quar.)
iSee Marshall Field)

N.

5-15

50c

—

iquar.)

3-24

1

5-15

1

12c

iquar.)

Lid

3-15

3-10

preferred

pfd.

4'/o

Mining,

4-

1

1

6-

25c

50c

3-20

class

Gold

Products

4-

20c

tquar.)

Co.,

4'ye

Steel

4-

3-10

6-

$1.75

Lighting Co.,

Gas

$1.50

3-20

'

25c

(quar.)___

2-23

40c
$1

________

Creamery Co. (Calif.)
Co., Inc., common
preferred
tquar.)

Laclede

1

3-15

8

95c

quar.)

Corpoiation

Lawrence

2

3-15

1

3-

Light—

Knudscn

Laclede

37 VaC

preferred

Knott

3-21

3-

1

4-

35c

Koppers

3-10

3-15

4-

$1.50

.

$1

3-10

1

3-15

$1.25

iquar.)

(quar.)

Lake

1

class A__

convertible

2-20

50c

iquar.)

4.Va%

3-15

1

Mill

1

Co.

5Va%
Gemmer

1

3-

2-23

525c

iquar.)

iquar.)
Froeatcrt Grain & Malting Co., com.
$2.20 preferred (quar.)
Garfinckel (Julius)
& Company—
Common

1

4-

3-15

1

...

Process

4-

10c

10c

S-l

4-

30c

Machinery & Chemical Corp.

Franklin

$1.50

(quar.)

70c

Series

4-

3-

Corp.

iquar.)__

(quar.)

2-23

4-

$5

...

Foster-Wheeler

pfd.

$6

3-15

50%

15c

Co.

a

30c

2-28

3-15

Light

Co.,

3-23

Keystone Custodian Fund Series B-4

$2.50

is-at.

Ltd.

Class B

$3

33-

—

Florsheim
Food

3-10

3-10

3-31

iquar.)

Pennsylvania

Power

4-14

3-

Kirxland

iquar.)

Extra
Florida

50c

iquar.)_:

3-15

Kilturn

25c

Co.

3-15

20c

Kings County

California

of

Co.

&

1

(quar.)

preierred

5GV4C

Cap &; Set Screw Co.
(Marshall)

77c

3-20

iquar.j_.

Mfg.

4-

Kearney & Trecker Corp.—

3-17

5c

pfd.

Kaynee

3-15

iquar.)

Fiduciary Trust Co. of
Field

3

1

(quar.)

pfd.

Works

60c

(quar.)
Company, common'-iquar.)

1

50c

iquar.)

Chemical

Federal

3-

iquar.)___.

preierred

4-

75c

com.

3-ia

3-20

preferred

4-

1

Company
Shops, Inc.

Bake

Co.,

America

(initial

25c

—

&

Federal

3-31

3-

$3.50

5%

4-15

25c

Stores

(Boston)

preierred

17)ac

common

Motors,

preferred

&

47c

3-10

.

Famous Players Canadian
Corp.,
Farrel-Birmingham Co. (quar.)
Faultless Rubber Co.

Felt

3.8',c

3-10

(increased)

Family Finance Corp.,

of

Feiss

&

Common

3-10

25c

(Calif.) iquar.)
Alleys Corp. iquar.).

irreg.)

1

Joseph

3-15

12I2C

iquar.)

&

J60c

iquar.)

Telephone Corp.—
preferred A
(quar.)

1

4-

$1.62'/a

Corp.

Railway

Common

Fear

4

3-31

$1
;

dividend

Fairmount

4(2%

4-

$1.50

;

(quar.)______

3-15

(quar.)

,

A

Holder*#

1

4-

Jamestown

4-

$1.75

$1.75

class

pfd.

Capwell Co.,
preferred is-a)

7%

3-

6

Telephone

Investment

3-28

Equity Fund, Inc. (quar.)
Erie & Pittsburgh RR. Guaranteed

3-25

3-

Interstate

3-28

4-15

common

Emporium

3-15

3-15

3-31

4-15

$1

(accum.).

5\kc/o

Products

3-15

50c

4-15

f25c

Co.

Kansas City Power &

Inc.,

Relractories

$1

1

Department

(accum.)

preierred

Register

Electric

25c

—

&

$1

3-28

Interstate

Ltd.

41

Payable of Ree.

$1.50

•

(reduced)

International

3-31

25c

$5

Co. iKansas)
Gray Iron Foundry

Steel

—

1

preferred

Derby Oil

Detroit

25c

—

Denver & Rio Grande Western
5 %

$1

Western

Shoe

3-15

4-15

B

Hoover

(quar.)

&

preferred
(quar.)
preferred
(quar.)
Mill Mfg.
(quar.)

4.28 ','n

Dempster
Denman

Hudson

Lackawanna

Corp.

Co.,

f43c

preferred (quar.)

Hotel

declaration.)
Delaware

Delaware,

Products

Corp.—

6V2'/o

Hickok

textra)___

Power

International

(increased)

Class

Egry

41/2</«

com¬

International

75c

Paper Corp. (irreg.)
Edison 1 Thomas A.), Inc.,

5-20

20c

(quar.)

Cuban-American

44-

held

(resumed)

Creameries
Crown

3-15

25c

$1

(quar.)

Airfleets,

(Reading)

Company

_.

(quar.)

Inc.

share

Continental-Diamond

Inc.

1

Aircraft (stock dividend)

share

Gas

4-

2

Eddy

Haloid

$1

_____

Rendering Co.

for

6

$1.12 Va

Co

Consolidated

mon

6

3-

90c

(quar.)___

Consolidated

Gne-tenth

3-

3-14

Power

(quar.)

Paper

Consolidated

&

(quar.)

common

preferred

Consolidated

Light

3-14

5c

Electric

Gas,

3-

3-15

3-24

_____

preferred

B

Co

1

iquar.)

Co.

When

Share

Telegraph

9

iquar.i-

Extra

25C

__T

Engineering Corp.

A

Ocoan

4-

common

—

Extra

Consolidafed

class

(Ohio)

—_____—

Solvents

Consolidated

3-10

3-31

$1

America

3-31

30c

;

$5

preferred

$6

6

Electric—

Semi-annual

Commercial

class

Grand

(quar.)..

Insurance

Consolidated

$7

Globe

2%%
50c

Ltd.,

Products

of Company

50c

iquar.)

States

Gorham

Semi-annual

Crane

2-25

a

—

Columbus

Coty,

2-25

1

$2

Extra

$5

1

3-,

20c

(quar.)

iquar.)

preferred

Colonial

...—

(Directors took

preferred

4.80%

3-

7

payment).

Counties

4%

4-

12 VaC

preferred

Builders

Cleveland

1

RR.—

Clayton &. Lambert Mfg. Co
Cleveland

Steel

Name

International

J12 Vac

common

common

Co.,

3-11

3-29
3-

iquar.)

preferred

Dunn

Glen

5-

$3

Shore

Cinzano

Power

7%

Per

Payable of Rec.

12)aC

iquar.)

Draper Corporation

(985)

Holder»

13 5c

Ltd.,

Co.,

Glass

When

50c

preferred

preferred

$5

payment

South

T/o

Georgia

dividend

common

3fate

Chicago

Dominion

4V4%
2VaC

•

Dairies,

CHRONICLE

25c

Corp.
(quar.)____
Corp.
iquar.)

General

Products Corp.—
quar.)

(quar.)

Sons

non-cum.

General

33 7/10c

10c

Co.

Extra
3-15

313C

(interim)

(quar.)

(quar.)

(quar.)

(increased

action

3

65c

(interim)...

(initial)

Hudson Gas

Common

3-

12 Vac

Co'p...

Company

preferred

Certain-Teed

1

5c

...

receipts B

4%

General

&

(J.

4-

12

'resumed)

receipts A

deposit

Corp.,

Dominion

.

deposit

;American

3

1$1

(quar.)...

Company

Lid.—

American

3

3-

50c

com.

preierred

Carborundum

3-

1

115c

(quar.)

Capitol Records, Inc.,

4-10

1

4-

$$1.75

....

Ltd...
Lamp Co., Ltd. (quar.)
Canco Corporation (resumed
Capital City Products Co. (quar.)__.
Co.

1

4-

120c

Motor

Transit

5-

.

Ltd.—

7Vo
preferred
tquar.)
Canadian Ingersoll Rand,

The

4-15

3-31

130c
i

Industries,

Canadian

4Wo

3-15

170c

(quar.)

(quar.)

Canadian

Carriers

3-15

1

150c

6% preferred (quar.)_.__
Canadian Ice Machine Co.,

$2.60

1

4-15

+30c

$$1.25

.....

com.

Extra

Capital

3-15
3-10

1

4-

HOc

common

Starch Co., Ltd., com. (resumed)
T/o
non-cum.
preferred (s-a)....
Canada Steamship Lines,
Ltd., 6% pfd. (s-a)
Canada Steel Products,
Ltd
Canadian Bronze Co., common

Class

3-20

15c

Canada

5%
preferred
(quar.)
Canadian Cottons, Ltd.,

8

4-

preferred

Northern

3-

4-

f 62 Vac

common...

7

4-

(quar.)

Foundries, Ltd.,

non-cum.

Canada

5%

Ginger Ale Inc.,

preferred

Canada

No

4-

Wireless

$1.50

$4.75

2-28

2-28

$1

Canada

Central

2-28

3-10

$1.10

prelerence
(s-a)_
California Pacific Trading

Carter

3-15

3-10

(quar.)

Terminal

Cenco

3-15

62 V2C

...

Carrier

3-15

1

15c

_

5Va Vo

£6%

1

4-

4 $ 1.8 8

(s-a)

Sharpe Mig. (quar.).
Products, Ltd.
(quar.)
Company
(quar.)..
Battery Co. (irreg.)

&

4-

15c

&

Cable

3-14

25c

Brooklyn Telegraph & Messenger Co. (quar.)
Distillers, common iquar.i-

Burgess

5

35C

Brown-Forman

Bullard

3-

3-31

30c

Share

Car

Theatres

Duke

3

50c

___

_

Brown

4-15

payment.

(quar.)

Assurance

(Henry)

3-16
2-18

$1.37'/a

Motor

Doehler-Jarvis

Eastern

Broadway Market Corp.
(quar.)
Brockway Glass, 5% preferred (quar.)
Brooklyn Borough Gas, common (resumed).

junior

3-14

1

1

4-

Company

T

District

5%

4-

t$1.50

_

British-American

Name o/
Diamond

Disston

....

Ltd.

(quar.)

preferred

1

3-

432 Vac

pfd

Power

_

Building

3-15

4-

25c

(quar.)

Extra

4%

3-30

Vac

20c

___•

common

Bristol

$4

3-15
3-15

62 V2C

(reduced)

Ltd.,

Light

preferred

Brass

4.4 %

3-31

3-30

Co.—

Bristol

■

$1
25c

iquar.)

(quar.)

No action taken
5Va%
preferred

Brillo

3-15

3-24

Club

Casket

preierred

Bridgeport

3-15

3-31

_

(quar.)

preferred

3-31

_.

iquar.)

FINANCIAL
Far

Payable of Ree.

8114c

Corp

Month

Cordage

Brazilian
6 %

5%

Burial

Brantford

(quar.)

common

preierred

(Phila.),

Elue

.

Corp.,

&

Holder*

37 VaC

common
,.

preierred

convertible

Blauner's

Share

Corp.,

(quar.)__

Bingham-Herbrand

When

COMMERCIAL

3-15

3-

A

4-

3-20

1

3-15

Ltd.—

preferred

iquar.)

f25c

3

_

j

42

(986)
Per

Name of

Ontario

Company

Loan

&

Ontario Steel

7%

4

Ox

Co

Brush

Co.,

Gas

Pacific

6%

Electric

preferred

&

»

4%

'

4-

3-15

Southern

3-22

3-

1

3-15

3-31

3-15

$1.50

4-14

3-31

15c

3-27

3-

8

4-15

4-

1

50c

3-29

3-16

10°

3-

1

2-15

30c
$1.15
$1.12%
$1.12%

4-

1

3-10

4-

1

3-10

Stanley

4-

1

3-10

Starrett

Feb.

Peoples

Telephone

Perfect

Circle

Permanente

Corp.

Corp.

____

—_____

-

$2
20c

(quar.)__

(quar.)

Cement

Petroleum

+

$4.50

1st

$4.50

1st

4-

1

$4.50

1st

preferred

1st

preferred

(quar.)

Inc.,

3-10
3-15

3-

4-

1

1

10-

1

9-15

1-1-51

12-15

non-cum.

2nd

preferred

(quar.i_

$1

$4

non-cum.

2nd

preferred

(quar.)

$1

7-

1

$4

non-cum.

10-

$4

non-cum.

$1

■

*

Extra

(quar.)

Insurance

Pioneer

Suspender

Co._

Fort Wayne

Common

iirreg.)_

(reduced)-

sider

will

Corp.

March,
Inc.

Power

Corp.

of

4% %

partic.

Car

and

A

Co.

preferred

A

Y
(quar.)

(accum.)

A

Toronto

Textile

3-16

3-20

3-31

3-20

Riley

Stoker

Riverside

3-27

3-

6

66c

4-

1

3-15

4-

1

3-15

Co.,

Extra

Ltd.,

A

(quar.i_

common——

preferred
Cotton

I

(quar.)Mills,

Rochester-American

Y.)

Cable

Corp.,
Tool

(F.

C.)

Mfg.

4-

1

3-20

$1.75

4-

1

3-20

One

$1.25

4-15

3-31

common

Charles

Hotel

St.

Helen's

Pulp

St.

Joseph Light &
preferred

4-

4

3-10

60c

50c

S.

Trust

United

3-23

4-13
3-15

3-

3-31

3-17

4-

3-15

1

6

IN.

&

Wire

Oil

7-

6-15

7-

6-15

Vapor
Heating
5%
preferred

10-

9-15

5%

10-

9-15

5%

3-20

3-10

3-

3-10

3-

1

3-15

3-

6

3-30

3-15

3-15

3-

4-

3-15

$50c

$50c

4-

1

1

3

1

3-15

4-21

3-20

5-

1

4-

1

4-14

3-20

3-

1

2-23

West

Penn

4-15

3-31

West

3-31

4-

1

3-20

4%%

White

3-

3-10

6

tlOc

83%c

1

7%
Wico

6%

Co.

Cement

non-cum.

Electric

5%

Smith

Company, Ltd. $2.12 pfd.
(A. O.) Corp._

Smith

(T.

L.)

Company,
Manufacturing Co.
Co.

6%

pfd.

(quar.)

(quar.)__

(quar.)

iquar.)_

Sugar

Co.,

(quar.)




Power &

3-18

Wisconsin

Public

3-18

Wiser Oil

$1.25

4-

1

4-

3-15
4-

3

5-

2

4-

15c

3-

1

2-24

25c

3-16

3-

1

3-10

3-

1

6-

1

9-11

9-

1

12-11

12-

1

3-15

3-

1

6-10

Co.

4-

Wool

Combing

Desauer

1

3-

6

3-30

3-16

4-

1

3-15

a

50c

4-

1

3-15

xLess

resident
Less

30%

on

15%;

the

distribution of
was

made

close

not

was

171,

19,900 shares of

common

Feb. 27 by Laird. Bissell &
market on the New York

on

the
per

from

of

with

the

par

shares
are

the

share (net), with a dealers'
169, p. 2757.

20,000

18,

$100

of Spartan

shares

authorized

420,000

to

authorized

as

by

stock

Was

shares

and

common

$10

par

shares,

$10

including 1,500 treasury shares were
shares. Each of the 25,000 outstanding

par

shares

Startex

of

$10 par

outstanding and
2336.

Startex Mills,

the

1949,

par

issued

new

common

with

merger

Nov.

on

30,000

exchanged for 16
$25

shares

Mills

stock.

common

24,000

were

As

a

exchanged

for

396,000

result,

four

shares

held as treasury stock,—V.

are

170,

Spokane International RR.—Earnings—
January—

3-17

5

Net

4-

3-15

Net

7%c

1

3-

3-15

10c

4-

8

*

from

from
ry.

1950

1949

1948

1947

$107,140

$122,396

$153,620

$153,794^

*23,786

*29,769

31,360

39,242

*46,552

railway—

railway—

*56,165

7,161

•

income.—

oper.

Deficit.—V.

171,

10,996

699.

p.

3-11

1

,

25c

3-15

3-

20c

3-31

3-17

1

4-

1

4-

1

3-

Standard
This

3-15

$1.75

...

.

Gas

&

Electric

Co.—Hearing

Philadelphia Co. and

company,

'

.

three

on

subsidiaries

'

•

Plan—
of

the

latter

have

3-31

3-10

filed applications with
the SEC proposing various
translation^
generally designed to effectuate compliance with the Holding Company
Act, it was announced on Feb. 28. The proposals have been scheduled

45c

3-24

3-10

for

$1.02%

4-15

3-17

$1.05

4-15

3-17

oil

$1.12%

4-15

3-17

table

3-

structure

—

3-20

30c

1

8

SEC

(1)

1

3-24

1

3-20

$50c

4-15

3-15

4-15

3-15

25c

4-

1

3-15

accrued

3-24

3-10

March

13,

proposals

1950.

involves

Philadelphia's

to

be

the

combination

of

the

and

gas

system

under the ownership of Equi¬
certain changes in the capital
another Philadelphia subsidiary, Kentucky-

accompanied

Equitable and

West Virginia Gas

44-

by

Co.

(2)

Philadelphia proposes to sell all of its holdings of common stock
of Equitable (subject to the contingency noted below) and to use the
proceeds for the redemption und retirement of $33,709,000 of its 4-4'%%
collateral trust sinking fund bonds, due July 1, 1961, at the redemption
price

D
at

in

Co.

of

on

such

of

Gas

40c

(quar.)_.

dividend

hearing

One

properties

$$1.50

103%%,' and $2,400,000 of its 2%% collateral trust serial
serially to July 1, 1951, at their principal amount (plus

of

due

interest

each

in

cast).

It

is

understood

that

Standard's

plan

3-31

3-15

for
simplification
of the
corporate
structure
of
Philadelphia
Co.
System/which provides, among other things, for the retirement of the
noncallable
preferred stocks of
Philadelphia and The Consolidated
Gas Co. of thi City of Pittsburgh, is to be further amended to provide

3-31

3-15

also for the retirement of
the

3-

$3.50

.__

25c

(quar.)__

2-24

1

$1.12%

4-

1

3-24

2-28

$1.12%

3-15
3-15

3-15

2-28

25c

.

(quar.)l

$1.12%
$1.20

—

pfd.

3-20

3-

Corp

2-28

1

4-

15c

1

3-11

4-

25c

1

3-11

3-15

3-

$40c

Canada,

for

4-10

3-25

3

Ltd.

this

resident

tax

7%.

tax.

income

deductible

non-residents'
at

the

tax.

source.

Non¬

stock

proceeds

(3)

of

such

sale."

.

of

the

Commission's
Standard

(4)

Rule

U-50.

"

•

alternative to Philadelphia's
sell at competitive bidding, its
holdings of all of the 1,625,000 shares of outstanding $10 par common
stock of Wisconsin Public Service Corp.
Divestment of this stock was
ordered by the SEC in August, 1941.
Prior to the hearing, Standard
and Philadelphia will notify the Commission as to which sale will be
of

sale
(51

proposes,

Equitable stock,

(and

then
In

common

will

as

possible

a

that Standard

withdraw

the

application

in

respect

of

the proposed

abandoned).
the event

of the

sale

by Standard of its holdings

of Wisconsin

stock, Standard proposes to lend an amount equal to the pro¬
to Philadelphia, which would issue therefor its 18-month

ceeds

tax.

-

Philadelphia has requested that its proposed sale of the Equitable
stock be exempted from the competitive bidding requirements

common

made

dividend.
Canadian

the

the

.common

sale

10c

not closed

the callable preferred stocks of Philadelphia
possible sale and divestiture of Philadelphia's interest in
of Equitable, as such slock will exist upon consum¬
mation of the reorganization of Equitable (mentioned above), and for
the redemption and retirement of the funded dqbt of Philadelphia with
for

and

(quar.)

A

(quar.)__

Jamaica

The sale

offering by Southern Union Gas

of

connection

3-21

——_—

(annual)

Light, 4%%

income

offered

1

shares of stock to stockholders.—V.

new

stockholders

each

3-20

.

Co.—

of

Distribution-^r-

March

holdings purchased by the
Murchison, Jr. and John D. Mur-

current

after the

changed

3-

Co—

books

British

Secondary

—

stock (par $1) at $21 per share.

Spartan Mills—Change in Capitalization—
In

3-20

___!

tax

Co.

common

Exchange at $12.50

Stock

3-31

—

common

Corp

1,771,322

;• ' '

45c

tPayable in U. S. Funds, less 15%
fPayable in Canadian funds, tax

$1

2,496,833

represented

(par $1)

Gross

(quar.)

Quarterly
♦Transfer

1,224,519

::

discount of 600 per share.—V.

3-27

,f

&

1,921,509

Union Gas

secondary

stock

3-20

(quar.)

Wolf

1947

3-15

1

3

$53c

30c
common——

1

4-15

3-10

1

(guar.)

Service

3-15

40c

3-10

4-

—

.

Extra

3-20

1948

Co. and Lehman Brothers

shares

Meeds

notes,

Mfg.

preferred

3-23

852.

p.

(A. G.) Spalding & Bros., Inc.—Secondary Distribution
—A

2-28

3-31

4-

:

(irreg.)

Wisconsin-Michigan Power—
4% % preferred (quar.)

1

company

171,

3-15

35c

(quar.)

Wisconsin

1

&

115,275
852.

2-28

4-

56c

—

common

6

4-

Southern
Allen

25c

A

6

$1.25

(quar.)_

(quar.)

(N)

1

3-15

3-15

20c

.

Willys-Overland Motors, Inc.—
$4.50
conv.
preferred
series

4-12

1949

■

.

$35c

class

3-

4-

6

$25c

(quar.)

preferred

Co.,

preferred A

10c

(quar.)
preferred A

income.—

oper.

8

3-

5c

!—

3-

$1.12%

B

3-

3-15

24.)

4.80%

iquar.)__

class

3-15

——

Co.__

3-15

1

3

3-15

50c

& Light Co., Ltd.—

3-15

4-

4-

25c

(quar.)_

$1.02%

Service—

1

3-20

—

(quar.)

Inc.

iquar.)

on

Inc.

Motor

Whitehall

25c

Rico

Feb.

meeting

Westmoreland,

1

4-

1

(quar.)_!

taken

3-23

$425,000,

The

V.

Y

1950

.

15c

Co.___

Ltd.,

preferred

4-12

Westmoreland Coal Co.—

3-15

also

171, p. 594.

87 %c

Western

1

—V.

45c

.

Grocers,

over

not

$425,000.

railway
$17,654,181 $18,606,622 $21,175,231 $19,039,385
railway—,_J__
4.179,093
2,974,587
5,515,437
4,211,i)34

from
ry.

3-10

$$1.25

;

3-13

3-15

1

4-

(increased)

common

3-10

7

but

of

9.—See

from

Net

p

1

4-

4-

25c

—

4-

$1.10

3-10

50c

—

4-

$175,000
excess

March

Ry.—Earnings—

January—
Gross

3-10

1

$1.25

$$1.06

12%c

3-15

$1.25

3-10

4-

in

on

3-20

4-10

4-

$1.25

iquar.)
Electric Co.

action

Southern

of

Inc.

preferred

$1.40

of

excess

profit

issue

p.

2

50c

Bakers,

2-28

8

the

3-

$2

1

2-28

for

related to the

10c

3-20

3-

in

such net

any

bids

3-11

(accum.)

3-15

6

of

1

——-—

4-

3-13

75 %

receive

to pay to the company on or before
of any net profit realized on the resale of the

4-

—

(quar.)_,
West Virginia Water Service Co
———
Western Assurance
Co., (Ontario)
(s-a)
Western Department Stores (quar.)_

3-

and

will

required

50%

chison and affiliated business interests.

$8.75
—

Power Co., common
preferred C
(quar.)
preferred B (quar.)

A.20%

are

debentures

1

93%C

Penn

4-15

3-10

underwriters

unsubscribed

3-

—

preferied

3-25

The

3-17

$1

(quar.)__

West Kootenay Power

4.10%

of

will

These

$1.25

Snowdrift

&

Debentures—

on

1960,

1

common

Inc.

Wesson

15c

prior preferred

preferred

Oil

1947

333,483,512
2,653,727

3-15

(reduced)

Co.

2-23

7%'

1948

7,466,116

3-18

3-16

iquar.)

Dutch

17%c

Rayon,

Oil

Fund,

3-10

Scruggs-Vandervoort-Barney, Inc.—

Porto

Wire

Wellington

assets.—

Y

1949

4-

,

$2.50

_■

Ltd.

Co.,

3-10

3-10

Penn

Cotton

company's

2,227,193

2-21

$1.75

Goodwill Station,

1

4-

South

Wabasso

the

$1.75

(quar.)

Iron

&

for

6,787,001

1

3-

held..

(quar.)—

preferred
Mold

bid

1,445,564

bankers from Clint W.

i accum.)__

preferred

Works,

Equipment Co.
The

also

■> 1,558,687

3-30

$2

common

1

2-28

South

3%%
Victor

had

173,128

175,464 shares of

t25c

3-

3-15

preferred

3-20

(quar.)

3-30

2-21

Company,

Inc.

Chemical

accepted
bankruptcy

Los Angeles,

3,307,433

May 1 of this year,

3-18

7

(quar.)

4-

2-21

Seagrave Corp.

1

4-

(quar.)—

Corp.,

preferred

Vulcan

3-10

Skenandoa

Ltd.,

5%
Victor

WJR,

1

(quar.)

4-

"

Verney Corp. of Canada, Ltd.—
4%%
preferred
iquar.)
Viau,

3-20

1

A

5%

Co.

6

Inc.—

Inc

8%

Kamp's Holland

Veeder-Root,

3-20

1

1

Common

$1

preferred (quar.)
preferred (quar.).
preferred
iquar.)

4-21

3-

(qrar.)—

4-

___________

De

4-

4-

preferred

1

(quar.)

Co.,
Corp

Refining

Van

3-

(quar.)__

5-

(s-a)

Extra

3-15

4-

Y.)

Metal Cap,

Upressit
Utah

A

Match

4-

50c

Water

tl2%C

iquar.)_—

Co.

Steel

$27c

__$0.296875

8%

U.

Universal

—.$0.296375

Brook

3-23

(quar.)

3-31

(quar.)

(quar.)

1

25c

common

3-15

1

(No

Ltd.—

4-

(quar.)

preferred

4-

(quar.)

Common

$1

iquar.)

Plywood Corp.,

4-25

B

Scranton-Spring

Canal

&

3-10

$$1.50

17,

in
of

the
new
$37,727,600
convertible
debentures, due
be called on to share their profits with the com¬
underwriting covers any part of the issue not subscribed
the stockholders. According to terms of the bidding invitation,

1,

Net

4

4

(s-ai

shares

1

S.

4

3-

3-

(stock dividend)
Light & Power

Joseph
ten

4-

U.

3-

3-20
3-20

(quar.)

pfd.

common

A

pfd.

3-16

15c

13%c

iquar.).

$1.25

3.35%

35c

(quar.)

$1.25

Co.,

preferred

the

3-15

Circuit,

Co.

7%

Feb.

on

Rudolph

income—

3-15

25c

Railways
St.

each

RR.

J.

J.,

company,

C.

25c

&

37%c

Co.,

preferred

Freight

preferred
Electric

1

Co

Gypsum

preferred

Scranton

4-

pfd.

4%

S.

4%.%

Sobs

N.

6

4-1

Storage Co.—

S.

$1

(quar.)

Co.,

Co.,

U.

4%%

5%

United

3-

J15c

Ltd

Canada,

U.

1

3-13

tl5c

Y.)

3-13

1

3-16

1

75c

iN.

5-

15c

St. Louis Public Service, class A (irreg.)
St. Regis Paper Co. 4.40%; 1st pfd. A (quar.)
San Jose Water Works, common <quar.)____

Bridge

Co.

5-31

3-

4-

(quar.)
—

Cold

of

for

S.

was

railway.—_

oper.

pany.
for by

J$1.75

common

3-10

Power Co.—

(initial)

Common

3-17

50c

25c

(quar.)

1

93%c

35c

_______

Paper

Ltd.,

4-10

25c

;__

4-

3-10

Theatre

Light

30c

(La.)
&

31%c

Corp

share

Accepted for AssetsN.

this

1950

Underwriters

(quar.)——

Corp.

United

50c

& Lighting Co
Saguenay Power Co., Ltd., 4(4% pfd

April

1

50c

(increased)

Inc.

3-17

5%

Gas

of

railway— $23 841.078 $30,441,780 $34,984,111

Bidding

2-21

Company

Artists

Electtric

from
ry.

3-17

4-

20c

Company—
Co

Ryerson & Haynes,
Safety Car Heating

Slater

United

Newark.

3-15

Drill

Tv/ist

bidder

at

'Deficit.

1

3-31

prior

partic.

Net
Net

1

$30c

RR.

Sulphur

successful

The

from

1

——__—__

Trusts

Terminal

Gross

4-

3-15

$1.75

1.

i

Typewriter Co., commonpreferred (quar.)
Ruberoid Company

$4.50

Pacific

assets

;

31 %c

(quar.)__—

34-

3

15c

7%

10c

4-

30c

Royal

Shaler

Union

the

Southern Pacific Co.—Earnings—

3-22

tlOc

of

Co.

Fake,

January—'

6

—

30c

(quar.)

(quar.)„:

3-31

25c

iquar.)—

B

3-

$4

iquar.)_._

preferred

3-15

Insurance

Washburn

common

pieferred
&

10c

____

(irreg.)_——_.

preferred

4-

$1.50

(irreg.)—--———

United

30c

conv.

Co.———

3-10

—

Quarterly

Gear

3-15

3-10

$10c
(N.

3-10

1

3-24

t62%c

Ltd

Insurance

1

3-24

t50c

—

$2.50
Robinson

4-

preferred iquar.)
United Dyewood Corp., 7%

|$i

Mfg.

$1.16%

——

(quar.)__

Co., $6 pfd.

common

Trust

Gas

4%

$1

B

4.1%

Underwriters

4-24

15c

class

3-10

Electric Light & Power

Gas,

Union

50c

common

Ltd.,

1

Fixture Corp., common-—__—_—
preferred
(quar.)
——__

Union

30c

Mills,

4-

5%%

Unfon

40c

Corp

Silk

Robertson

Sarnia

Tucson

Tyler

75c

(quar.)

(increased)

Corp.,

(quar.)

$1.06'/4

iquar.)_

(quar.)

$5c

A (quar.)
Products Corp

Metal

3-10

Iron-Works,
A

3%%

preferred

Extra

3-20

$5c

Co.

3-10

1

Corp._
Brothers, Ltd

4-15

L.
for

170, p. 1704.

3-15

4-

Shipyards

$27c

Co.

V.

3-.10

3-10

t75c

G.

$815,000

Sprague

3-10

1
1

3-10

$28c

Paper

4-

$1.02%

Welder

General

Judge

of

3-10

(quar.)

General

bid

Calif.
4-

t25c

<quar.)_

3-31

Tooke

Federal

proceedings.

at

3-31

Todd

364.

p.

Solar Manufacturing Corp.—Bid

1

1

5c

.

3-

1

$2c

(quar.)

3-10

3-10

1

10c

(quar.)____

3-20

$1.12%

Toronto

10c

class

15c

25c

Feb.

3-17

(quar.)

Markets,

vote

1808.

p.

3-17

1

$1.06%

3-20

25c

Ltd.,

3-16

1

4-

4-

$1.50

Co

1

4-

$50c

$1.25

___„_

4-

15c

Drug

4-15

1

issued

March
to

Oversubscribpd.—V. 171,

87 %c

Stores Co.—
preferred A' iquar.)._—
preferred B
iquar.)
—
Water Associated Oil, $3.75 pfd. (quar.)

Tide

3-31

be

9-15

4%%

4-

to

entitled

3-10

4% %

2-15

stock

outstanding.

3-31

6-15

4-

Carbon

Electric

Thrifty

$1.75

________

•

Paper

5%

Thomson

1

now

stockholders

25c

;—

payment

170,

for

12-15

6-30

4-

50c

!

Rieke

,

3-10

3-

$25 par

new

number

date

—After the

a

50c

(quar.)

(quar.)1

Extra

St.

3-17

$1

Corp.

Bit

Rhinelander

Russell

Thermatomic

3-15

oi

the

as

9-29

8

25c

Mfg.

Glass

t5c

A

Russell

3-10

$1.16(4

;

Extra

4%

1

Union

Extra

Ross

4-

Oklahoma—

—

Roller

Rome

Thatcher

1

shares

record

Socony-Vacuum Oil Co., Inc.—Secondary Distribution

6

35c

Electric Service

3-10

meeting.—V.

the

as

12-29

______

'__

the

fixed

$1.25

Cos.

preferred
preferred

4.65%

1

35c

.

(quar.)

(quar.)
Transmission, com.

Gas

4-

(R. I.)

(quar.)

3-

been

$1.25

(quar.)_

preferred

4.25%

4.40% pfd.
redemption on April

(quar.)

Renold-Coventry,

i

3-10

Colorado,

of

preferred

1st

Class

3-15

12%c

Insurance Co.

of

Co.

Reed-Prentice

$4

50c

payment

Raytheon Mfg. Co., $2.40 conv. pfd. (quar.)
Reading Company, 4%
2nd pfd.
(quar.)__

Riegel

1

37%c

(This

_

Riegel

3-15

3-

56%c

(quar.)

Purolator Products, Inc.
(quar.)
Quaker Oats Company, common (irreg.)
6%
preferred (quar.)
Quebec Manitoir Mines, Ltd
Queen Anne Candy Co.
Railway Equipment & Realty, Ltd.—

Class

4.10%

t$1.50

Puget Sound Power & Light, 5% pfd.

Class

Tennessee

Class

Corp., common voting
non-voting
original preferred (quar.)
1st preferred
<quar.)_,

Reed

3
7

Inc.—

preferred

Co.

common

Instrument

3-

4-

capitalize a portion of the company's earned
share of stock for each share then held. ■

1,306,000, same

has

at

$1.13

dividend

on

preference

Toronto

(quar.)—

Tool

(G.), Ltd.,

3-

in

about

to

one

additional

16

regular monthly meeting held this week.

1

40c

..Common

6%

taken

convertible

—

Corp.,

(quar.)

Machine

action

No

4-

25c

plan

of

close of the New York Stock
Exchange oh
28, The First Boston Corp., Coffin & Burr, Inc., and
Paine, Webber, Jackson & Curtis, made a secondary dis¬
tribution of 51,274 shares of common stock
(par $15) at
$16.25 per share. Dealers' discount of 30 cents per share.

—

A

non-voting

(quar.)

preferred

7%

preferred

3-15

2c

75c

Ltd.—

called for

Service

7%

3-15

4%

meetings

Publication

;

3-31

5%

24, at $105.25 per share plus this dividend

4.65%

$1.25

—_—

Lithograph

5%

arrears.)

Service

4%

common-

3-

Taylor

December.

preferred

Co.,

5%

Corp.,

Entire issue

.

3-20

3-15

——:—_____

Co

S.)

con¬

Tuesday

(quar.)_

Providence Washington
Increased

Public

3

15c

Canada,

preferred

Public

3-30

25c

(quar.)

Works

(The)
(L.

$1.75

t5c

Clinchfield

dividend
fourth

September

preferred

clears

the

subsidiary
the

preferred

Steel

Prestole

3-31

50c

number

be

5 will vote on a oroposal to increase the
3,000,000 shares of $25 par from 1 400 GOO

to

3-18

60c

stock

par.

directors

The

April

on

common

of $15

3-18

1

parent

to

28

for

America-!

of

non-cum.

Pressed

5%

__

(quar.)_^,

Co.

1st

March

on

its
on

June,

Potash

6%

Inc.__.

payments

Hereafter

held

be

Plough,

meet

and

company

will

1

4-

Thorofare

dividend

Coal

4-

25c

Tamblyn

Co.—

Directors

6%

J

stockholders

surplus, by issuing
will

75c

partic. preferred
Participating

$1.75

____

3-31

:

3

3-

4-25

3-31

$1.75

preferred (quar.)__._
Pittsburgh Metallurgical Co.,
j

3-

3-14

3-18

Texas

(quar.)

7%

Pittston

3-31

3-10*

4-

3-31

$1.50

(accum.)

Steamship Corp.,

&

Portland Cement
Superior Steel Corp.—

Chicago Ry.—

&

prd.

The

authorized
shares

The
1

50c
25c

3

3-15

2-28

1

30c

(Hartford)

Pitsburgh Consolidation Coal Co.
Pittsburgh,

3-

2-27

Co.—

Insurance

(accuin.)-^—

Fruit

Sundstrand

12-15

3-31

3-15

3-15

4-25

9-15

1-1-51

8c

—

.

Co.

1

$1

$1

(quar.)

1

2-27

25c

4-

preferred

$4.50

3-17,
6-16

4-

50c

Superior

1

30c

_______

(quar.)__

common

I—

—

Phoenix

(quar.)

preferred

Co.

Screw

1

25c

2nd preferred

Electric Co;,
preferred (quar.)

$1.16%
:__

25c

6-16

4-

Philadelphia

8)

page

Skelly Oil Co.—Plans Stock Distribution—

3-15

preferred
(quar.)
___■
5%
preferred
(quar.)
..—
5%
preferred
(quar.)
5%
preferred
(quar.)--.
;
Sterling Aluminum Produces (quar.)
Sterling Drug, Inc., 3 % %. preferred (quar.)
Sun Chemical Corp- common (increased)___

3-17

7-

1

5%

2-28

$1.12%

______

(Continued from

4-

(quar.)__

Stecher-Traung

4-15

$1.12%

—,

——

3-15

3-21

com

$3

2-28

$4

;

Increased

Standard

3

4-29

3-10

25c

com.

___

3-30

3-31

$1.25

Square D Company (quar.)_
Standard Gas & Electric, - $6

4

$1.12%

(quar.)

$4.50

2nd

3-

3-

3-15

$1.12%

Dairy Products Co.,
preferred (quar.)
preferred (quar.)

Oxygen Co.
(quar.)
Gas & Electric—

Company
Electric Co.
Springfield Fire & Marine

3-10

25c

-

1

Philadelphia

1

25c

(quar.)

Extra

4-

60c

(increased)

Co.

Exploration

___

Sprague

$7

(quar.)

50c

50c

iquar.)

preferred
(quar.)
preferred (quar.)__

5%

24.)

(reduced)-

com.

Corporatien and

Investment News

3-20

4-15

t$1.50

—

Process

Spotless

taken

was

meeting

Corp.—
(initial quar.)

preferred

Phillips

8

-

at

3-16

4-20

Southwestern

4-15

$1

(No action

preferred (quar.)
2nd preferred (quarJ

4%%

Franklin

1

5-15

t35c

/—I

(quar.)

preferred

6%

4-

1950

6,

Ltu.—

Power,

4.65%

Peck, Stow & Wilcox (resumed)
Pennsylvania Power &, Light Co., com.
4%%

3

Pictures

common

4.60%

3-

50c

______

________

Inc.,
(quar.)

preferred

New

3-10

General

Payable of Rec.

62 %c

is-a)_—

Co.

(increased)

Common

Co.—

(quar.)

Companies,

Paramount

4-14

8c

(quar.)

dividend

common

5-15

37 %c

Telegraph

Packard Motor Car Co.
on

Southern Canada

Southern

(quar.)

Paraffine

4-14

Telegraph

Atlantic

&

$1.75

Telephone

Common

5-15

$1

Inc.-.

preference
(quar.)
Pacific Coast Aggregates, Inc
Pacific

&

Southern

Investors, Inc.—

$1.50

,

3-15

175c

(increased)

com.

(quar.)

Pacific-American

4-

Monday, March

Holdert

When

Share

Name of Company

Payable of Rec.
1

$$1.25

CHRONICLE

Per

Holdert

$$1.75

Products, Ltd.,

preferred

Fibre

Share

Debenture

When

FINANCIAL

&

COMMERCIAL

THE

thereof

4%%

unsecured promissory note.

Standard would be given

the right to

Volume 171

Number 4887

THE

such

agreed

note

into common

between

upon

the

stock

two

of

Philadelphia, at

a price to be
approved by the Com¬
conversion the "Combined Plan

companies

January—

into

or

the Wisconsin
funded

common

Net

debt

v

above.

The

of

Philadelphia
Kentucky, and

all

owns

.

of

the

outstanding

stock of

common

Pittsburgh and- West' Virginia Gas Co., together with
shares, of-7% cumulative second
preferred stock of Kentucky.
2,825 balance ©fc-such
preferred shares is owned by Pittsburgh,
which also owns all'of-the
Co.

<a ).

.

.Under

the

Pittsburgh

proposal:..

ties cf Equitable
stock

of

of

(as

set

dividend

a

forth

Pittsburgh

and

of

in

to

750,COO

its

common

authorized

Philadelphia)!,

exchange
its

stock

proximately

in

"b"

into

above,

for

$4,771,800

and

preferred

stock

additional

Philadelphia will purchase
Equitable common
(with treasury funds)

preferred
common

(hi
of

its

presently
563,000

exchange

in

to

value

par

for

cash

stock,
to

the

authorized

stock

Kentucky

exchange

will

be

of

for

the

authorized

its

securi¬

and

reclassified

$1,000,000

for

its

pay
p. 397.

to

Kentucky all the

for

149,059

$3,000,000

outstanding

.

ap¬

com¬

value

par

of

re¬

lattcr's

additional

outstanding
Kentucky

shares

of

and

bank

82,695

Kentucky

loans

additional

will

the

use

aggregating

shares
pro¬

$3,000,000.—■

'

.

of

a

90

cents

share;

per

Oversubscribed.—V.

171,
1

ber, Jackson & Curtis, after the close of the market on
Feb. 28 made a secondary distribution of
27,358 shares

be

circles

Standard Oil Co. (Ky.)—Annual
Report—
Calendar Years-

1949

sales

1948

1947

and

$

$

S

192,412,372

new

that

to

its

this

200,334,520
1,009,912

155,418.173
1,345,663

114,006,919

156,763,836

115,141,367

1,597,094

__

concern

total,

saies, sell.,

gen.

1,134,448

and

178,381.264

139.808,031

98,751,542

2,375,971

State

income

(

•

taxes

.

.

2,136,650

1,721,800

1,323,428

on

-

profit
Dividends

Earnings

to

up

manufacture

It

is

would

be

set

7,970,000

5,770,000

$17,000,000

$8,000,000,

COMPARATIVE

would

INCOME

from

revenue

Provision

be

represented
to

ACCOUNTS

sulphur

for

sales..

contingencies.

Depreciation

be

FOR

share

5,625,000

income

taxes

(current)

SHEET,

DEC.

31

receive,

$200,000).

...

capital stock

of

.'

—.

Plantation

(not

the

on

Pipe

U.

S.

Prepaid

plant and equipment

insurance

and

other

3,353,250

2,023,116
33,349,637

1,700,186
29,957,855

275,261

(net)

244,005

expenses>

1

—»

—*

Total

$79,991,295 $76,938,402

—

LIABILITIES—
Federal

Accrued

State

local

taxes

federal and State taxes
less

U.

Reserve

S.

on

income—est. (net)—

Treasury savings notes
contingencies, incl. fire,

for

storm

and

shares

demand

on

stock

surplus

value

(par

$10

(additional

800,000
26,047,900

share)—

a

paid-in

capital)—

.1,638,400

surplus (earnings retained in business)-

-30,855,813

Total
—

V.

169,

800,000

26,047,900
1,638,400
24,691,386

$79,991,295 $76,938,402

1119.

p.

3,594,123

and

tPlants,

&

ters With SEC—
The
SEC
of

company

Mortgage Co., New Ulm, Minn.—Regis¬
Feb,

on

filed

27

cohering $500,000 of series

series

series

1207:A

1217-A

involved.

accumulative
accumulative

This

company

is

an

registration

a

1305

statement

with

the

investment

certificates, $1,000,000
certificates, and $10,000,000 of

savings
savings

certificates.
'No
investment firm.—V.

underwriting

168,

p.

950.

-

January—

Gross

1950

from

Net

from

Net

ry.

railway.,—

railway

oper.

1949

1948

$252,007

$306,096

1947

9,624

171,

10,879

*5,741

<'75,064

now

outstanding, earnings

and

SHEET

time

AS

Stern

&

common

count

AT

Stern

stock

March

on

($1

Stock

—

1

offered

(customers)

of

accrue

par

to the company.

*

On

the

Feb.

11.100

20,

letter

a

shares

of

referred

notification
to

was

above.—V.

filed

169,

p.

with

the

SEC

covering

705,

1,252,819
55,203,718

12,462,959

10,227 669

6,369,557

exc.

6,288,107

24,046,204

4,460,132

4,447,538

3,127,142
24,338,440
3,353,987

275,776

1,626,691

1,782,344

etc

profits

and

tax.

goodwill..

Ill
744,313,664 722,692,534 649,109,385

27,049,042

following

notes

year

31.370,166
14,403,657

62,017,638
150,000,000

28,199,416

70,369,500

14,403,172

1967—

due

58,095,667

9,479,763

150,000,000 150,000(000

337,500

337,500

315,000

7,837,773

liabilities
under Govt,

8,468,620

6,573,553

contracts

1,643,144

contingencies
par)

Total

194,698,079

6,541,043
193,061,359

246,503,969

195,195,410

744,313,664

(no

6,541,043
196,971,111
279,156,385

stock

722,692,534 649,109,385

6,541,043

reserves for depreciation and
amortization of $325,726,876 in
$301,435,529 in 1948, $282,182,966 in 1947.
tRcpresented by 28.-

806,344
and

Month of

Railway
Railway

Dec.

8,932,666
1,192,212

9,390,773

Net

1,426,721

shares

1,294,473

Other

income

(& Leased

15,311,027

from

the

was

Companies)
1949

$29,571,742 $29,579,414
24,469,356
28,465,772

.

.

railway

1943,

operations...

$5,102,386
1,150,000

joint

facility

income

from

rents

from

oil

Income

from

investments

and

gas

827,445

(net)

transportation

Income

2,232,713

1,129,115

taxes

$1,113,642

2,221,586

income

5,209,813
Net

31,

statement

Lines)—Earnings—

taxes

Equipment and

442,751

Dec.

1950

expenses.

revenue

at

1947.

revenues

operating

Federal

1,519,473

*

28,807,314

31,

January—

operating

176,939

9,477,886
442,434

1949,

31,

at

(Excluding Offsetting Accounts Between

7,646,284

.....

Dec.

Union Pacific RR. Co.
1948

166,500

cos.

at

shares

comparative consolidated
given in V. 171, p. 886.

7,977,934

advances

and

shores

9,479,788

The

.

for

Total

for

a

current

term

of

(for

payments

to

years)

(no

par

500,000
and

operations..

—

and

$601,685

t$l,946,516

1,864,230
593,183

2,351,932

$3,059,098

operations

shares
in

509,206

$1,065,153
523,129

$2,549,892

$542,024

(net)

other

sources—

of

3,488,372
26,175,000

51,755,743

capital

stock

659,737

44,592,551

reac¬

Gulf

Oil Co. in
1934, and interests in sulphur processes and after
for amortization of $20,494,670 in 1949 and
$20,075,642 in 1948.
JAfter reserve for
depreciation of $9,772,635 in 1949 and $9,400,721 in
1948.
^Represented by 3,840,000 shares
(including 500,000 shares in
reserve

increased

—V.

171,

of

at

31,

1949,

earned

surplus

the

restricted

in

the

Net

ry.

—V.

end

1949

1948

1947

$250,729

$202,917

109,702

98,406

85,816

50,439

its

45,920

53,169

March

railway
railway

—V.

171,

1949

1948

Month of January—

4,473,633
365,400

317,824

208,858

13,787

7,559

$618,386

$597,006

85,559

$688,353

$682,565

7,016

7,418

237,630

deductions

234,206

—

charges

—V.

income

171,

p.

of

United

rights,

to

this

March,

April

Light

of

assuming

record

March

delay

no

in

will

23

receive

making the

the

registration

schedule

with

the

will

rights

permit
to

mailing

in

be

effect

of

out

for

20

rights by
days and to

20.

company has authorized the distribution
shareholders
of
record
at
the
2,

1950,
each

of

March

on

close

16,

1950,

business

of

of one St. Joseph Light & Power Co.
10 of the United common shares held.

notification

shares
for

the

of

common

accuont

of

no

The

to
on

common

par

New

was

filed

stock

Feb.

(par

21

$1)

with

the

be

to

SEC

offered

York
at
of

covering

at

a

$3

per

Upham

Upper Peninsular Power Co.—Common Stock Offered

—Ownership of this company,
in the State of
Michigan, will

$443,707

699.

$440,941

a

public utility operating
into the hands of the

pass

general public for the first time since its organization in
February of 1947, upon the completion of an offering
March 3 of 190,096 shares of the utility's common
stock.

Kidder, Peabody & Co. and Paine, Webber, Jackson &
Curtis are joint managers of an investment
banking
group which is offering the stock at $14.12y% per share.
The abovementioned shares

shares
Net

with

$5,652,456

(net Dr)

income

statement

selling stockholder through Harris,
Co., Minneapolis, Minn.—V. 171, p. 699.

&

398,910

...

income

of

on

letter

20,000

$5,254,889
3,905,982

railway operating income

Other

registration

a

effective.

for

share

69,967

facility rentals

file

to

U. S. Thermo Control Co.—Files With SEC—

885,546

1949

....

Dr)

scheduled

common

2,369,839

1950

(net

expenses

conditions.

$8,729,378

Texas & Pacific Ry.—Results From
Operation—

rentals

blizzard

St. Joseph Light Stock Distribution Authorized—
The

A

Operating revenues
Operating expenses
Railway tax accruals

operating

severe

Exchange quoted the United common stock ex distribution
opening on March 1.
Scrip certi hate? will be Issued in lieu
fractional shares in payment of the distribution.—V.
171, P; 886.

1947

699.

p.

because of

1949,

its

$9,815,460 $10,148,337 $10,379,181
2,369,776
2,022,122
2,885,679
1,103,614
959,039
1,095,488

income

oper.

oper¬

Curb

Orleans—Earnings—

from

from
ry.

and

were

covering offering of rights to stockholders to pur¬
of
Kansas City
Power & Light Co. at $12 a
of three shares of Kansas
City for each five shares

3,

ratio

Adherence

share

Gross

reduced

transportation

reac¬

$271,132

1950

from

stock

purchase

1950

January—

TNet loss

Light.

statement

expire

171, p. 699.

Texas & New

the

United

of

130,233
58,633

income

oper.

in

$286,890

.

railway
railway

from

revenues

was

March

common

share

the

Gross, from

taxes.

January,

in

company

SEC

chase

stock

is

$27,500,000, the cost of 500,000 shares of capital stock
held in treasury.—V. 170,
p. 1844.

Texas Mexican Ry.—Earnings—

Net

—

788.

p.

Stockholders

Dec.

—

sources

United Light & Rys. Co.—To File
Rights With SEC—
This

•

NOTE—As

all

NOTE—Operating
were

Dr27,5OO,O0ODr27,5OO,OOG

$65,247,154 $58,688,255
deducting $27,500 payable within 12 months,
tlncluding con¬
rights released by, and rights and properties acquired from Dela¬

amount

charges

from

"Excludes Federal income

"After

treasury).

other

income

ations.

Total

tract

—

"27,500
3,359,554

26,175,000

—

treasury

income

and

Net

....

held

Fixed

be

value)

surplus

$1,015,172
10,889,659

—

contingencies

stock

of

$1,053,231
10,403,626

taxes

current

not

over

Earned

Fixed

shares

1,257,161
59,015,301

127,015,360 126,141,987 111,971,398
equip. 373,685,214 330,294,110
238,059,702

and

surplus

13,913,215

receivables

.

payable

Liabilities

Offered—C. E.

11,100

1,312,049

interest

accrued

Reserve for

31

$65,247,154 $58,688,255

Accounts

Total

Textiles, Inc.

Co.

&

DEC.

<'51,965

value) at $9 per share, for the ac¬
of two selling stockholders. No
proceeds from the

sale will

promissory

Earned

share

per

deposit $16,355,834 $12,520,474
5,269,000
5,269,000

development

.**r'

Miscellaneous

Unterberg

100,562,015

payable

Deferred liab.

"$5.64

10,126

<'41,418

699.

p.

$

99,230,150

54,975,562

LIABILITIES—

Net

$276,091

of

1947

$

10,227,657

250,000

$7.25

charges

Equipment

<'38,889

income—

"Deficit.—V.

2.70%

3,800,000

Ry.—Earnings—
~

■

$230,462

1948

LIABILITIES—

17,280,000

Total

Joint

Staten Island Rapid Transit

-

Canada)

23,897,670

Divs. payable Jan. 1 of
Accrued taxes

587,021

3,340,000

buildings, machinery and equipment—j

Deferred

Net

Bond

and

102,136,913

companies

refund

Accounts

2,013,467

18,450,000

auxiliary

and

Net

State

will

55,540,115

_

8,750,000

$7.14

certificates

January—

1,534,139
flood

:

Capital
Capital
Earned

$14,349,433 $15,761,604
4,636.671
4,275,737
128,939
* -129,252

excise, taxes

1950

31

35,243,082

Total

790,660

9,625,000

States

DEC.

106,286,151

Foreign subsidiaries

Patents, trademarks

3,340,000

$6.49.

receivable

quired and

payable

and

mach.

31

f

'

Accounts

buildings,

Affiliated

1949;

—

3,340,000
to

Treasury

Accounts

ware

3,353,250

—

SHEET,

1949

Investments—

400.000

1949

hand

quired

subsidiary)—at ccst—i—

a

assets

Property,

"Land,

$23,863,192 $24,231,158 $21,665,011

1948

$14,759,863 $12,368,700
1,727,949
1,809,095
13,418,097
13,478,424
11,084,122
14,026,887

cost

(less reserve of

BALANCE

Inventories

1947

600,059

9,375,000

COMPARATIVE BALANCE
on

$3.62

securities—at

Co.

DEC.

1,981,540

ASSETS—
Cash

$3.63

$4.94

"

Line

ENDED

16,700,000

equivalent

§Capital

$5.27

1948.

1949.

U. S. Government securities.:
Other marketable securities
Trade notes and accounts
receivable
Other notes and accounts
receivable

Postwar

225,000

share

per

"Eased
were

Reserve

-

in

$

the

731,513

(current)

paid

Earnings

9,441,397

.

facilities

in

expenditures for construction during

than

Prepaid insurance, taxes,

1948

597,261

taxes

production

$114,857,493

"After

5,209,576

Inventories

Other

and

$33,238,192 $34,081,158 $30,665,011

Net income
Shares outstanding at Dec. 31

5,209,577

;

that

lower

(Operating in the United

$32,640,931 $33,481,099 $30,077,990

income

income

with

ASSETS—

Other

income

Federal

9,464,005

1949

in

anticipated

tCapital

Cost

Investment

debt

400,000

income

6,902.692

——

accts.

by

YEARS

1,619,041

Total

12,856,518

BALANCE

Trade

is

initial

offered

537,687

*.

Miscellaneous

Other

additional

chemicals

the

$59,170,623 $61,183,073 $55,365,373
21,882,877
22,032,908
19,756,611
2,490,092
2,556,013
2,326,646

Amortization

7,553.891

—

Marketable

that

Originally, it was expected
with a $20,000,000 capital

up

stock

common

Operating and delivery costs
Selling, gen'l and admin, expenses

•13,718,318

ASSETS—
Cash

various

indicated

Texas Gulf Sulphur Co.—Annual
Report—

Gross

for

compared

as

property

CONSOLIDATED

equities

stocks.

Provision

8,450.000

—

-

per

It

be somewhat

stock

outstanding.
comprise 100,000 each of 4.10%
and 4.25%
preferred
("Chicago Journal of Commerce.")—V. 171,
p. 886.

Other

made

Net

to

with

of

______

169.465,177

expenses-

Depreciation
Fed.

plans

publicly.
Under
the proposal,
the Tennessee Gas would have a half
interest in the
new
organization
and
its
stockholders
would
receive
right for
a
proportionate interest in the stock to be
issued, or $4,000,000,
Common
stock
capitalization
of
the
Tennessee
Gas
consists
of
5,000,000 $5 par value
shares, of which 3,333,333 are

4

income

admin.

interest

conjunction
issuance

to

stockholders.

'

and

company

in
the

$71,753,167,

Cash

the

tLands

194,009,466 201,344,432

income-

Cost, of

accrued

Corp.—Pays $71,753,167 for

The
chemicals and
plastics
groups
continued
the
expansion
of
production facilities at .plants
located in Indiana,
Texas, and West
Virginia, and commenced the construction of a
phenol plant in Ohio.
A plastics
fabricating plant was completed and plaoed in
production
In Canada.
Production and power facilities were
expanded for plants
of the
alloys and metals group in Ohio and West
Virginia. Three largetonnage, low-purity oxygen plants were
completed by the industrial
gases and carbide
group during the year.
The expenditures in the
electrodes, carbons, and batteries group were for
increased production
facilities in a number of
established plants.

interest, in each
Chicago, or at Dillon,

involve

Inventories of sulphur above ground
Inventories of materials and
supplies
Invest, in & advances to sub. &

1946

$

Total

$750,000
$396,000
bonds, 23A%

accrued

subsidiary,

gas.

the

Miscellaneous

Other

financial

company is being set
derived
from
natural

remainder,

stock

(par $25) at $43.121/2 per share. Dealers'
discount, 80 cents per share. The offering was oversub¬
scribed.—V. 170, p. 1639.

Net

102.10%

and

Chicago,

may

rights

Dividends

Standard Oil Co.
(Indiana)—Secondary Offering—The
First Boston Corp., Coffin &
Burr, Inc., and Paine, Web¬

common

in

new
chemical
company
Chemical Corp., which

Operating

California-r-Secondary Distribution

9.

of

at

of

New York.

new

Of

-

—The First Boston Corp., Coffin &
Burr, Inc., and Paine,
Webber, Jackson & Curtis, after the close of the market
on Feb. 28 made a
secondary distribution of 16,989 shares
of common stock (no par) at
$62 per share. Dealers' dis¬
p.

be

101%%

Bank

to

43

by operating groups were
as
follows:
Alloys and metals, $21,734,928; cnemicals approximately
and
plastics,
$41,068,454; electrodes, carbons, and
batteries, $3,545,311, and indus¬
trial gases and
carbide, $5,404,474.

Redemptions

line

Carbon

expenditures

additions

Accrued
•

■-

Standard Oil Co. of

count

pipe

1949

purchase from Kentucky

common

to

171,

r'

in

transfer

will

at

structure.

shares of

proceeds to be used by the
Equitable's outstanding bank

retire

to

■that

outstanding

(the preferred to be retired);

Equitable

ceeds

V.

will

bonds

bonds

capitalization will approximate
$25,000,000.

par

amounting to $1,200,000 at Dec. 31, 1945;
(f)
Equitable
will
borrow
$1,800,000 from
The
Farmers
Deposit
National Bank of
Pittsburgh and $1,200,000 from Mellon National Bank
& Trust Co.;
Equitable

The

National

understood

purchase

$17,500,000 20-year 3Va■%
and will amend its

undetermined number of

debentures

is
up

Mathieson

1950,

(including the

loans

(g)

First

set

com¬

stpek from $15,000,000

to convert

an

the

classified
latter

amounted

/New Chemical Unit
May Be Formed—

securi--

holdings of

scock;

(e)

23/4%

The

The

ot

common

having a lower par value;
(d)* Equitable will issue to
Philadelphia,

mon

in

stock

ties" described

3%

the

at

It

common

$24,500,000 par value and
shares of $20 par common

shares held by

the

on

on

1949,

"21,734

1966.

Read & Co.,

Philadelphia

Philadelphia of the

all

below),

r

value

to

'

increase

29,090

"66,336

mortgage

due

and

■

.

.(c) Equitable will authorize the issuance
sinking fund, debentures,, dated March 1,
to

kind

Equitable,

inV'd"

Kentucky;

charter

4,236

5,848

During

699.

p.

&

Construction—

•

will declare

2,825 shares of
Kentucky preferred;•
■,,(b.) Philadelphia will tarnsfer to
mon

of

171,

qase

•

stock

60,854

59,879

income—

oper.

Payment

51,250

common

1947

$359,362

the

series

Equitable,

The

outstanding

1948

$352,042

company has called for redemption on
April 1, 1950,
first mortgage pipe line
bonds, 3% series due 1967, and
predecessor company's first

of its

>

.

1949

$378,349

117,497

Tennessee Gas Transmission
Co.—Partial

the proceeds of the sale by Standard of
together with bank borrowings, to redeem,

described

as

ry.

"Deficit.—V.

use

stock,

1950

railway
railway.

from

Union Carbide

common

Duquesne Light Co., :a Philadelphia
subsidiary.

Philadelphia proposes to

Oil

CHRONICLE

$390,275

from

Net

.

same,

of

Gross

;

...

.

its

FINANCIAL

"Tennessee Central
Ry.—Earnings—

and

mission, provided at the time of such
Reorganization of the
Pittsburgh Railways System
and
for
Discharge
of Philadelphia Cc.'s Guarantees
Afiecting Pittsburgh
Railways System Securities^ shall have been
consummated or become
binding. Otherwise, the note could be convertible
into common stock
of
Equitable, if Philadelphia has not then sold
for

j

&

(987)

convert

stock

COMMERCIAL

096

of

common

shares

offered

stock
on

of

are

part of an authorized issue of 250,000
200,000 are outstanding.
The 190,-

which

March

3

represent

the

holdings

in

the

power

of Consolidated Electric & Gas Co., The Middle West
Corp.
Copper Range Co., and five minority stockholders.
Upon com¬
pletion of the current sale, Upper Peninsula Power will cease to be
a
subsidiary of these companies.
None of the proceeds from the sale
company

and

Torrington Manufacturing
Authorized Stock—
The

Co.—Plans

Reduction

in

will

stockholders

will

be

received

by

the

company

itself.—V.

vote

March 8 on a proposal to reduce
the
capital stock from $850,000 to $750,000
by cancellation of
authority to issue 4,000 shares of $25 par
preferred stock, none of
which is
outstanding at present.
The stockholders also will be asked
to
authorize the directors
to

171,

p.

788.

authorized

(G. S.)
•

The

SEC

Suppiger Co., St. Louis, Mo.—Files With SEC—

company,

covering

offered

at

will

added

be

par

on

2.000
($100
to

Feb.

20,

shares
per

working

of

filed
5%

share),

a

letter

of

cumulative

with

capital.




no

notification

preferred

with

stock

underwriting.. The

to

the
be

proceeds

continue

for

employees
warrant

a

if

the

calendar

current

dividend

net

to

the

year

earnings

1950

a

during

reasonable

the year
stockholders.—V. 164, p.

distribution

are

324.

sufficient

to
to

Virginian Ry.—Earnings—
January—
Gross

from

Net

from

Net

ry.

—V.

1950

railway

railway

oper.

171,

p.

income
595.

1949

1948

1947

$2,129,030

$3,460,561

$3,359,471

$3,321,574

692,849

1,330,510

1,269,007

1,605,879

432,047

872,698

791,789

983,161

U

Wabash
Gross

from

Net

from

Net

ry.

—V.

railway
income

171, p.

1948

$8,133,082
1,662,324
599,854

$8,396,719
2,301,414

$7,527,018
2,144,623

950,481

911,198

The

Acquisition—

committee of the board of directors on Feb. 20, 1950
unanimously recommended that this company acquire the capital stock
of Crown Manufacturing Co.
The committee proposed that the capital
stock of Wamsutta Mills be increased by T,000 shares of $100 par value

consented

had

stockholders of record

The

<

before Dec.

on

or

at

par

New

of

shares

of

(EST)

on

stock of Wamsutta.
will receive one share of
stock for each share of Crown common stock.—V.

All

Net

railway operating income

Net

income

Trust

701,761

to

Net

ry.

295,539

railway

from

oper.

*157,328

387,575

income—

668,651

$3,234,117

*

—

$3,060,106

679,873

fixed

after

charges

at

Co.—Secondary Offering—A sec¬

Western Natural Gas

ondary offering of 3,000

County

O.

(P.

171,

Bond

offered

Sale—The S195.000 bonds
Feb.

28—v.

awarded to

were

171,

Birmingham, First National Bank,
& Co., both

Thornton, IVIohr

Montgomery, as 2 Vs«, at a price
100.86, a basis of about 2 04%.

of

Additional

refunding
on

above

Sale

date

$80,000

warrants

road

The

offered

—

price of

awarded

were

the above syndicate,

100.65,

2Vss, at

as

to
a

basis of about

a

2.06%.

(State of)
Offering — Chester G.

Johnson, State Treasurer, will
the

Bond

Offering—James

E.

De-

Souza, Clerk of the Board of Su¬

pervisors, will receive sealed bids
until

2

(MST)

p.m.

on

Duarte

Sch.

4-380,000 Sch. Dist. No. 14 bonds.
Due on July 1 from 1951 to
1970

bids until 9
7

the

for

on

Dist.

Due

on

1969

3 bonds.
Crom 1951 to

No.

inclusive.

Dated

July

Jan.

tion $1,000.

1,

1

1950.

Denomina¬

Interest J-J.

(PST)

a.m.

purchase

bonds.

March

on

of

$126,000

April

Dated

Denomination $1,000.

1,

Due

April 1 from 1952 to 196.9 in¬

clusive.

Principal

(A-O)
payable
Treasury.
Fresno

Bond

and

interest

the

County

at

County Sch. Dists. (P. O.
Fresno), Calif.
Offering—E. Dusenberry,

County Clerk, will receive sealed
bids

until

March

10:30

(PST)
purchase

a.m.

the

for

14

bonds

building

1951

has

Dated

been

& Co., of
Tucson. Bosworth, Sullivan & Co.,
and Peters, Writer & Christensen,
both
of
Denver,
jointly, as 3s.
Dated Jan. 1. 1950. Legality ap¬

bonds,

Gurdon,

(A-O)

Due

on

April 1 from

1960 inclusive.

April 1, 1950. Denomina¬

hospital bonds purchased by Hill,




bidder was

Co.I Stranahan,

Barcus, Kin¬
dred & Co., Commerce Trust Co.,
Kansas
City, Provident Savings
Inc.,

Cincinnati, and

Bank & Trust Co.,

Philadelphia

bidder
a

was

interest

net

a

1, Pa.—V.

cost of

The second highest

1.70%.

J. S. Strauss & Co., on

bid reflecting a net

interest cost

of about 1.71%.
R,

& Co., and Hel¬

H. Moulton

ler, Bruce & Co., both of San
Francisco, jointly, were associated
with Blyth & Co., of San Fran¬
cisco,
in the
purchase
of the
bonds, at a price of 100.07, as fol¬
lows: $40,000 as 5s, due on April 1
from 1951 to 1954 Inclusive; $70,000

114s, due

as

1955

on

April 1 from

inclusive; $40,000 as

1961

to

lV2s, due on April 1 from 1962 to
1965
inclusive, and $150,000 as

l34s, due

on

jointly, for 5s, 2y4s

and 2V2s, on a

bid reflecting a net
2.31%.

Santa Clara County

interest cost of about

No.

Union

High Sch. Dist.,

San Diego County
San

(P. O.
Diego), Calif.

Sale

—

The

Sch.

Junction

County (P. O.

Dist.,

school
171, p.
awarded to Dean Wit¬
$11,000

offered Feb. 27—v.

887—were

Co., of San

ter &

Sacramento

Francisco.

Elementary Sch. Dist.,

Mesa Union

Ventura

Sale

Bond

—

The $400,000 con¬

Sacramento), Calif. struction, Series A bonds offered

Sale—The

Bond

County

(P.

O.

Ventura), Calif.

price of 100.24.

Sylvan School District, Sacramento
County (P. O. Sacramento), Calif.
Bond
Offering—C. C.
LaRue,
County Clerk, will receive sealed

March
$45,000
bonds.
Dated April 1, 1950.
Denomina¬
tion $1,000.
Due on April 1 from
1952 to 1975 inclusive.. Principal
bids until 10 a.m. (PST) on

6

the

for

and interest

(A-O) payable at the

Legal¬

ity approved by Orrick, Dahlquist,
Neff & Herrington, of San Fran¬
cisco.

Denver

(City

for

Co., of Los Angeles, Paine, Web¬
ber, Jackson & Curtis, of Chicago,
Heller, Bruce & Co., of San Fran¬
cisco, and Stern Frank & Meyer,
of Los Angeles, jointly, at a price

parking

171,

p.

700

—

Improvements

of

Manager

Colo.

Campbell,

and

Parks will receive sealed bids un-

till

v.

and County),

Bond Offering—T. P.

were

—

of

County Treasurer's office.

awarded to the William R. Staats

Feb. 21

purchase

school coupon or registered

11

a.m.

the

bonds.

(MST)

March 14
$3,700,000

revenue,
series
Dated April 1, 1950.

nomination

1950

De¬
Legality ap¬

$1,000.

Pershing,

proved

by

Dick

Dawson, of

&

on

of

purchase

Sale—The $130,000

Bond

from 1972 to 1980

follows:

$20,000

as

1951

110,000

4s. Due on April 1

and
as

Bank

1952.

both

of

New

York,

inclusive.

highest bidder was
bid reflecting
interest cost of about 1.68%.
second

Weeden & Co., on a
a

net

Palo Alto,
Bond

Sale—The

Calif.

$300,000 water

electric

system,
Series
A
bonds offered Feb. 24—v. 171, p.

and

700

Co.,

were

awarded to Blyth &

of San

Francisco, on a bid

—

The

in

iy2s. Due on April 1

from 1953 to 1963

$1,409,000

syndicate composed of the Na¬
tional City Bank, First of Michi¬

Corp.,

Dean

a

COLORADO

Sanitation Dist.

(P. O. San Jose), Calif.

4

Witter & Co., for 2y2s,

was

at

1975 inclusive.

The

gan

171, p. 837.

April 1 from 1966 to

Kaiser & Co.,

Principal and interest
payable at the County

building bonds offered Feb. 27—
171, p. 789—were awarded to a

$26,500

&

Co.,

&

Harris

on

3%%

bonds,

Bosworth,

Denver.

DELAWARE

ing bonds offered

to

Grossmont

Bond

Ark.

Sale Details—The

second highest
Nuveen

John

divided

v.

Bond

1965 inclusive.

Due on March 1
to 1970 inclusive.

Treasurer's office.

Phoenix.

ARKANSAS

to

Is.

from 1966
The

tion $1,000.

proved by Gust, Rosenfeld. Duielbess & Linton, of

1960
as

of

follows:

Wickenburg, Ariz.
revenue

Due on March 1

on

Bonds Sold—An issue of $80,000
sewer

424,000 as 214s.
from

April 1, 1950 $321,000
series, due April 1, 1960,
Pennsylvania,
and Chestnut;

redemption

for

fund

of 100.002, a basis of about 2.32%,
build¬
as follows:
Feb. 28—v. 171,
$65,000 as 5s.
Due on April 1
p. 897 — were awarded to J. A.
$14,000 Teague Sch. Dist. bonds.
from 1951 to 1960 inclusive.
Due on April 1 from 1960 to Hogle & Co., of Los Angeles, and
155,000 as 2J/2s.
Due on April 1
Mitchum, Tully
& Co., of San
1970 inclusive.
from 1961 to 1971 inclusive.
Francisco, jointly, at a price of
100,000 Auberry Union Sch. Dist.
180,000 as 2s.
Due on April 1
100.17, a basis of about 1.55%, as
as

bonds.

sold to Henry Dahlberg

Due on March 1
1959 inclusive.

bonds

$114,000

inclusive.

215,000 Sch.

Angeles

Los

County Clerk, will receive sealed

March 20
school

bonds, divided as follows:

Dist.,

County (P. O. Los Angeles), Calif.
Bond Offering—Harold J. Ostly,

for the purchase of $595,000
coupon

from 1951 to

purchase of $50,000,000 school
Dated May 1, 1950.

1950.

Maricopa County School Districts
(P. O. Phoenix), Ariz.

about

bonds.

building
ARIZONA

reflecting

355,000

fcr

Co.

sinking

interest.
Payment will be made at The
Banking and Trusts,
successor trustee, 15th
and

/

S. Dickson & Co., of
Chicago, and Lyons & Shafto, of
Boston, at a price of 100.18, a basis
of about 2.27%, as follows:

re¬

ceive sealed bids until May 3 for

'

R.

cisco,

California
Bond

386,423
162,141

DEPARTMENT

Schwabacher & Co., of San Fran¬

$630,000 as 5s.

com¬

Both of

Leach.

v.

at a price

789—were sold

p.

in

*4,690

AND NEGOTIATIONS

CALIFORNIA

posed of the First National Bank,

♦Sterne, Agee &

Little

noted

of par.

789—

p.

syndicate

a

previously

102%

called

been

have

mortgage

Sts.,

shares of common stock (par$l)

v ■

Crawford & Sanford, Inc., of

16,027

886.

p.

Corp.—Partial Redemption—

York
There

first

BOND PROPOSALS

Birmington), Ala,

*343,974

Deficit.—V. 171, p. 886.

STATE AND CITY

Jefferson

*220,513

204,721

————

171,

'

42,150

276,457

-

$1,922,197

317,106

14,719

income...

oper.

1947

$2,212,743

294,527

railway

from
ry.

♦Deficit.—V.

1948

1949
$2,099,516
301,458

1950
$1 908,602

railway.—

from

Net

1949

railway operating income—

Net

to $1 par value.—V. 171, p. 886.

par

Net

1950

Railway operating revenues—:
Net revenue from railway operation-

as

through the exchange of three new shares for each share
outstanding.
also will be given to changing the authorized common

Wisconsin Central Ry.—Earnings—

Northern Ry. and Tidewater Southern Ry.)

(Including Sacramento

Commission previously ordered disposition of the
water distribution properties, and the company chose to sell the entire
.system, including its water supply and transmission systems, dams
and other collateral equipment.—V. 171, p. 783.

Rock,

of

no

Gross

STATEMENT OF EARNINGS

The

ALABAMA

purpose

January—
CONSOLIDATED

Net

meeting of the common stockholders will be held March 8
of acting on the advisability of increasing the total
outstanding
shares of common
stock from 372.000 to

special
the

from

*Deficit.-

Co.—Proposed Sale—

under

Consideration

1947
$2,956,492
404,432
134,021

1948
$3,226,745

500,000

offered

Winn & Lovett Grocery Co.—To Split-Up Stock—

1,116,000
presently

1943
$2,877,612
76,256

be

March

on

to

A

Co.—Earnings—

1950
$3,053,940
664,527

railway-—

from

Gross

has notified the SEC that it has contracted for the
the City of San Angelo, Texas, of «its entire water system
in and adjacpnt to that city,
for a cash consideration of

&4,887,272.

2 filed
with the SEC a registration
shares of common stock
(par $12.50)
an
employee stock plan to employes
of the company and five of its subsidiaries.
The proceeds will be used
for general corporate purposes.—V. 170, p. 2588.
corporation

are

number

January—

company

located

,

covering

794,933

—

January—

West Texas Utilities

to

which

for

Western Pacific RR.

Wamsutta common
168, p. 890.

500.

The

Mines, Ltd., Vancouver, B. C.

Westinghouse Electric Corp.—Registers With SEC—
The

171, p. 886.

—V.

Co.—To Redeem Debentures—
25-vear debentures (subordinated) due
1, 1950 at 103'ic
at the Guaranty
New York on and after March 31, 1950.—V. 171,

uf

Company

3,800

and the

loans

1949
$3,854,297
1,223,391
730,429

after fixed charges—-..,

will be redeemed and payable on April
accrued interest.
Redemption will be made
1970

16,734

(non-personal liability) on March 2 filed a registration
800,000 shares of common capital stock ($i par
be offered to the public at 35 cents a share.
,
No underwriting is involved and the
company said that a selling
commission of 7 cents a share will be paid to those persons selling
the stock.
The SEC said the stock was being offered as "a specula¬
tion" and that the price "was determined arbitrarily."
that is

value)

9,500

1950
—$2,632,805
—545,537
—
373,325

Operating revenues
operating revenue

Net

outstanding 5%%

the

of

1,

52,199

35,872

covering

statement

Ry.—Earnings-

Western Maryland

Net

Ward Baking

new

were

equal number oi

will receive an

stock

preferred

Crown

of

used to repay short-term
construction.—V. 170, p. 2334.

proceeds

for

Telegraph Co., as the holder of
then outstanding, subscribed for
offered.

&

shares

6,000

January—

of preferred

Holders of common stock

$338,919

77,442

886.

p.

statement

^

March 15.

on

Holders

1947:"..'

1948

$365,953

This company

1949, had the right to subscribe

Dec. 10,

shares

15,000

the

the

net

balance

of at least two thirds of the outstanding
the proposal.
,T
The First National Bank of New Bedford, 545 Pleasant Street, New
Bedford, Mass., is depositary. The exchange offer expires at 2 p.m.

chares

171,

33,883

income—

oper.

Western Uranium Cobalt

Co.—Stock Sold—

additional capital stock
the basis of one new share for each 2V2

Telephone

England

The

only recently completed the constrcticn of a yarn dye plant.
A special meeting of the stockholders will be held on March
10 to
take action on the proposed offer to the stockholders of Crown Manu¬
facturing Co. for the purchase cf the outstanding stock of that com-

of

and from free
surplus does not

1

ry.

railway

from

Net

1949 for 6,000 shares of

30,

share.)

($25 per
owned.

shares

shares

and

Net

—V.

railway.

from

1948
$352,243
47,184
17,009

1950
$353,044
82,888

January—
Grosa

—Registers With SEC—

common

fwiny.
The affirmative vote
stock is required to approve

Alabama—Earnings-

Western Ry. of

i

authorized capital of 60,000

an

members.—V. 168, p. 1821.

75£ per share to NASD

to offer its

an

Westerly Automatic Telephone

shares

value

par

no

.sale

to

restriction from earnings after Jan.
of $64,000 at that date, provided earned
drop below $500,000.—V. 170, p. 2069.

stock of which 56,493 shares are outstanding
and 3.507 shares are in the treasury of the company.
Crown Manufacturing Co.,
which like Wamsutta is controlled and
managed by the Axelrod interests, is regarded as one of the most mod¬
ern
and best equipped textile mills in the North.
The company has

Mills presently has

Wamsutta

and

plans

surplus

stock, and that said additional
of Crown Manufacturing Co.
in

Mills.

Oct.

it

that

without

paid

of no par value
stock be offered to the stock¬
holders
payment for 7,000 shares ot
3cumulative preferred stock (par $100) and 50,000 shares of com¬
mon
stock
(par $10)
of that company which are now outstanding.
These
recommendations were approved by the board of Wamsutta
of

1

50,000 shares

preferred stock and

cumulative

common

March

on

right to purchase new shares of the stock
record date has been set for the offering.

disclosed that

directors

The

special

3%%

No

share by Rotan, Mosle &

per

Tex., with a dealer concession of

Moreland of Houston,

five insurance companies that hold the
amendment to the mortgage indenture that
would release it from the restriction of not paying out more than 80%
of annual earnings in dividends.
As a result, dividends now can be

788.

Wamsutta Mills—Plans

the

stockholders

l-for-14 basis.

a

debt

A

announced

company

common
on

24 at $23

made Feb.

was

Offer Rights to

Common Stockholders—

1947

1949

1950
$7,607,437
1,510.033
434,519

railway

oper.

Virginia Water Service Co.—To

West

RR.—Earnings—

January—

1950

Monday, March 6,

FINANCIAL CHRONICLE

&

COMMERCIAL

THE

(938)

&

inclusive.

second highest bidder was
America

of

National Trust

Savings Association, San Fran¬

cisco,

on

interest

a

cost

bid
of

reflecting
about

a

net

2.32%.

Claymont Spec. Sch. Dist., Del.
Bond Offering — H. E. Stahl,
Secretary of the Board of Educa¬

tion, will receive sealed bids un¬
(EST) on March 15 for

til 4 p.m.
the

$160,000 school
1950. Due
April 1 from 1951 to 1970 in¬
purchase

bonds.
on

clusive.

Harrington
Bond

Savanna Sch. Dist., Orange

—

Spec.

Sch.

Dist., Del.

Offering—Ellwood

County well, President Board of

(P. O. Santa Ana), Calif.
The $45,000 school
bonds offered Feb. 28—v. 171, p.
887—were awarded to Weeden &
Bond Sale

of

Dated April 1,?

Gru-

Educa¬

tion, will receive sealed bids un¬
til 1 p.m. (EST) on March 21 for
the purchase
of $210,000 school
1950 coupon or registered bonds.
Dated March 1, 1950.
Denomina¬

Co., of San Francisco, as 2y2s, at
tion $1,000.
Due on March 1 from
a price of 100.77, a basis of about
1951 to 1975 inclusive. Principal
2.41%. The second highest bidder

—""m*"-

Volume 171

Number

4887

THE

and interest (M-S) payable at the
Farmers 'Bank
of the
State
of

West

Delaware,
proved

tary

burn, of New York City.

101.16,

syndicate

and

Bond

Sale

National

consisted

Nov.

on

1

able

from

Nov.

on

1951

1,

interest

Charles

1 from

sealed bids until 8 p.m. (MST) on
March 7 for the purchase of $550,-

Bonds

Due

to

1959

are

call¬

1951, and

on

date

payment

171,
local

Shoshone County Class A Sch. Dist.
No. 13 (P. O. Kellogg), Idaho

Due

inclusive.

on

April 1, 1953, at

optional

price of

ond
D.

par.

bonds

130,000

Feb.

Guthrie

the

27

Bank, of Guthrie
2s, at a price of 101.61,
The

bonds offered
789—were

The

Feb.

awarded

701—were

of

96.66, a basis
1.79%, as follows:

$1,000,000 ly2%

about

of

playground

bonds.

6,000,000 1^%
5,000,000 iy2%

■

sewer

bonds.

super

1,600,000 iy4%

highway

until

voting

machine

Due

water

works,

provement and refunding

reflecing

Bond Sale Details—The

1,

1950.

Due

on

Bonds

to

Eminence, Ind.
1950 bonds offered Feb.

price of 101.20,

28—v.

basis
The second high¬
a

est bidder was Frank E. Hailstone

at

a

price

from

52,000

1951

The

52,000

as

as

2i/4s.

Due

96,000

Bros.

&

1951

Due

to

1961

23/4s.

as

Jan.

on

1

inclusive.

Due

on

Jan.

The

2V2s.

as

1968

second

2.50%.

Due

on

1970

to

inclusive.

Jan.

highest bidder was
& Co., and Associ¬

$12,000

fire

100.08, a basis of about




Treasurer,

sealed bids until 11

of
a

net interest cost of about 2.59%.
second highest bidder was

The

Scharff & Jones, Weil & Co., and
Howard, Labouisse, Friedrichs &
Co., jointly, on a bid reflecting a
net

interest cost of

about

2.62%.

Gretna, La.
Offering—Julius

City

F.

Ho-

Clerk,

will
receive
sealed bids until 8 p.m. (CST) on
March
30
for
the
purchase of
$275,000 public improvement
bonds.

Dated

nomination
from

1951

gality

$1,000.
to

City

1, 1950.

Due

1975

approved

Thalheim,
Julian

Jan.

on

De¬

Jan. 1

inclusive.

by

Le¬

Andrew

Attorney and
Samuel, of Gretna.

March

—

Bower Haw¬

13

for
the
purchase of
water, sewer and street
improvement coupon bonds. Dated

$108,000

Au¬

March 1, 1950.
Denomination $1,000.
Due on March 1 from 1952

First

tp

1—v.

March

interest

1961

inclusive.

payable

at

Winnfield), La.

Denomination

(CST) on March 25
for the purchase of $15,000 school
bonds.

approved

by

1950.

De¬

Chapman

maintenance

Dated
Nov.

&

notes

of

count.

on

at

Nov. 8,

0.94%

dis¬

1950.

Hanson, Mass.
Sale—The $500,000 bonds

Bond

offered
were

Feb.

28—v.

and

hospital

renewal

March

Note

1950.

Treasurer,
bids

sealed

March

until

7

March

for

11

the

loan

A.

on

Ewell,
receive

a.m.
(EST)
purchase of

hospital

notesr

1950.

Dated

Denomination

Due

Nov.

on

Winthrop, Mass.
Note Sale
notes

awarded

—

The

offered
the

to

$300,000
Feb.

discount.

Due

20

rev¬
were

Merchants

Bank, of Boston,
on

Oct.

Na¬

0.69%

at

20

and

15, 1950.

171,

p.

888—

awarded to

Kidder, Peabody
Co., of Boston, Harriman Ripley
Co., Inc., and the Lee Higginson
Corp., jointly, as l%s, at a price
of 100.53, a basis of about
1.69%.
&

&

Lexington, Mass.
Bond

Sale—The $190,000 sewer
bonds offered Feb. 28—v.
171, p.
888—were awarded to L. F. Roths¬

ceive

sealed

(CST)

bids

Clerk, will

Series loan notes

171,

offered

Feb.

24

until

8

p.m.

Denomination $1,000. Due on Oct.
1 from 1950 to 1959 inclusive. All
bonds maturing after Oct. 1, 1954
being subject to redemption, in in¬
verse

numerical

order, on said
interest payment
date thereafter, at a premium of
2% if redeemed prior to Oct. 1,
1957, and a premium of 1,% if re¬
date and

on

any

deemed after Oct. 1, 1957. Princi¬
pal and interest (A-O) payable at
the

Bessemer

Emmett

National

(P.

O.

Twp. Sch. Dist. No. 11
Battle Creek), Mich.

Bond Offering—Albert E.

Wood,
Director, will receive sealed bids
8 p.m.
(EST) on March 9

H.

the Branch

Banking & Trust Co.,

for

L.

of

bidder

was

the

County (P. O. Elbow Lake),
Minnesota

790—were awarded to Shaugh-

nessy & Co., of St, Paul, and
C. J. Ashmun Co., of

the

Minneapolis,
jointly, as lJ/2s, at a price of
100.28, a basis of about 1.46%. The
second highest bidder was North¬
western National

olis, for 1.60s, at

Bank, Minneap¬
price of 100.35.

a

Hennepin County Com. Sch. Dist.

Bond Sale—The $125,000 build¬
bonds offered Feb. 24 were

ing

awarded to

Piper, Jaffray & Hopwood, J. M. Dain & Co., and the
Williams
Co.,
all
of

Allison

-

Minneapolis, jointly, at

42,000

a

a price of
basis of about 2.60%, as

2s.

as

as

from
41.000

on

until

highest

Improvement

warrants.

Sale—The $150,000 drain¬
age bonds offered Feb. 28—v. 17J,

March 13 for the pur¬
$50,000 water revenue
coupon bonds.
Dated Oct. 1, 1949.

790—were awarded to

second

$14,000
12

Due

as

from

2V2s.

on

1959 to

23/4s.

Due

Feb. 1 from

on

Feb.

1

1964 inclusive.

Due

on

Feb.

1

1965 to 1969 inclusive.

chase- of

p.

Wilson, at 0.78% interest. The

Grant

re¬

of Detroit.

—v.

warrants;
Fund No.

1953 to 1958 inclusive.

at

Lynn Housing Authority, Mass.
No'te Sale—The $200,000 First

Im¬

Special
Assessment
warrants, divided as follows: $26,500
Improvement Fund No. II

$42,000

child &

Co., of New York, as l%s,
price of 100.77, a basis of
about 1.67%.

receive

Street

follows:

Bank,
Bessemer.
Legality aproved by
Miller, Canfield, Paddock & Stone,

a

will

provement

100.08,

kowski, Jr., City

Clerk,
$40,500

No. 27 (P. O. Lakeland Avenue,
North Minneapolis, 22), Minn.

15, 1950.

enue

of

Bond

Due

will

tuberculosis

7,

purchase

p.

Offering—Avis

County
on

7,

Village

sealed bids until March 15 for the

motes.

Bond Offering—Frank A. Draz-

—

Boston,

notes.

MICHIGAN

The $500,000 rev¬
offered Feb. 23 were

Due

on

Bessemer, Mich.

Chelsea, Mass.
Sale

(EST)

15, 1950.

MASSACHUSETTS

Note

receive

loan

$25,000.
100,000 tuberculosis

a.m.

Dated April 1,

a.m.

Warrant Offering—Bert D. Put¬
nam,

Ewell,

$50,000

$25,000 and $50,000.

Offering — R. L. Terry,
Secretary of the Parish School
Board, will receive sealed bids
10

A.

will

$300,000 temporary

maintenance

until

Avenue, Minneapolis 22), Minn.

March 7 for the purchase of
$400,000 notes, divided as follows:

$300,000
Grass Mill Sch. Dist

Vidalia), La.

Barrow, Leary & Co.,
Shreveport, on a bid reflecting

offered

Offering—Avis

County

1

'

Winn Parish,

enue

5

Minn.

Offering

thorne, Village Clerk, will receive
sealed bids until 8 p.m.
(CST) on

Legality ap¬
Storey,
Thorndike,
Dodge, of Boston.

$218,000

790—were awarded to

p.

Edina,
Bond

National

Denomination $25,000.

Fox, Reusch
ates, for 2V4s, 2V2s and 2%s, at a
price of 101.50, a basis of about

Bank,
No.

Mich.

Golden Valley (P. O. 3245 Nobis

Note

1

awarded to the National Shawmut

Concordia Parish Sch. Dist.

Legality approved by

MINNESOTA

Plymouth County (P. O.
Plymouth), Mass.

&

a

2V4s.

as

from

March 1

LOUISIANA

171,

888—were awarded to the

inclusive.

on

Fraser.

Miller, Canfield, Paddock & Stone,

pay¬

interest.

from 1962 to 1967 inclusive.

on

from 1958 to 1961 inclusive.

tard,

equipment 1950 bonds offered Jan.
31—v. 171, p. 501—were awarded
to the City Securities Corp., In¬
dianapolis Bond & Share Corp.,
and the Fletcher Trust Co., all of
Indianapolis, jointly, as iy4s, at a
price of
1.23%.

1953

Due

March 1

of

of Detroit.

of Detroit.

Boston.

notes

p.

syndicate

a

Stein

Long

167,000

March 1
from 1954 to 1957 inclusive.

Bond

—

to

21/2s.

on

Merchants

Sale—The

Cutler, of Chicago.

Due

Principal and interest
(M-S) payable at the State Bank

1965 inclu¬

Housing
thority, Mass.

Series

Nov.

3V2s.

to

Attleborough

a

cost

gality

of

Greencastle, Ind.
Sale

on

interest

tional

as

inclusive.

Paine, Webber, Jackson & Curtis^

pur¬

by

Note

nomination $1,000.
Due on April
1 from 1951 to 1965 inclusive. Le¬

100.94.

Bond

been

awarded to

171, p. 789—were awarded to Fox,
Reusch & Co., of Cincinnati, as

1Y4s,

$142,-

North

The second

Burkholder, of
price of 101.50, a
basis of about 2.47%, as follows:

Bond Sale—The $174,000 school
bonds
offered
Feb.
27
were

Bond Sale—The $32,000 building

for

of

has

of

proved

Equitable Securities
Corp., and Russell, Long & Burkholder, of Lexington, jointly, at
a price of
101.02, a basis of about
2.27%, as follows:

pur¬

INDIANA

Co.,

bonds

the

(P. O.

&

Russell,

(P. O.

Sold—An issue

refunding

$385,000

bonds

1.51%, for $325,000
iy2s, and $60,000 as l3/4s, as pre¬
viously noted in v. 171, p. 789—
were sold at a price of 100.52.

of about 1.60%.

Nov. 1 from 1951 to

Middlesborough, Ky.

about

a

to

of

from

bonds.
Dated
Denomination

the

Palmer &

171,

awarded

$237,000

years.

Bank,

p.

Bond

chased by Blyth & Co., of Chicago,
on a bid reflecting a net interest

l3/4s, at

bonds.

at

$38,000

Pekin, III.

of

net

a

Lexington, at

revenue

refunding coupon bonds.
Dated
Sept. 1, 1949. Denomination $1,008.
Due on Sept. 1 from 1951 to 1963

—v.

p.m.

the

Principal and interest

able

M.

1951

on

—

KENTUCKY

sold

of

Due

years.

1963 inclusive.
Legality approved
by Chapman & Cutler, of Chicago.

000

cost

obligation

March

Bond Corp.; J. T. Swartz &
Co., and Barcus, Kindred & Co.,
all of Chicago, jointly, as 4s. Dated
Jan. 1, 1950. Legality approved by
Charles & Trauernich, of St. Louis.

building

p.m.

bids until 8 p.m. (CST) on March
13 for the purchase of $10,000 gen¬

bonds has been sold to the Munici¬

municipal

7:30

receive

1 frorp

(EST)

Principal and
any suitable
banking institution designated by
Branch Banking & Trust
Co., of the purchaser. Legality approved
University of Louisville (F. O.
Wilson, at 0.76% interest. The sec¬
by Dorsey, Colman, Barker, Scott
ond highest bidder was the Second
Louisville), La.
&
Barber, of Minneapolis.
Bond Sale
The $500,000 first National Bank, Boston, at 0.77%

Monona, Iowa
Bond Offering — Edna Meyer,
Town Clerk, will receive sealed

revenue

pal

Barnes,

E.
re¬

of $60,000 water loan cou¬
bonds.
Dated April 1, 1950.
Denomination
$1,000.
Due
on

National Bank

was

Commerce, New Orleans,

bid

Denomination $500.

im¬

sewerage

about 2.87%.

composed

E.

serially in 20

Mascoutah, III.
Sold—An issue of $292,-

Bonds

will

9,000 water works

$500.

bonds.

000

Clerk,

eral

bonds.

Iowa

Offering—M.

serially in 20

Co., City National Bank &
Trust Co., and the American Naprice of

A.

Almstedt Bros., O'Neal, Alden &
Co., J. J. B. Hilliard & Sons, W. L.
Lyons & Co., all of Louisville, and

Trust

a

171,

the

of about 2.89%.

sec¬

$16,000 water works bonds.

First National Bank, Harris
Trust & Savings Bank, Northern

tional Bank, all of Chicago, at

to

12:15

for

8

colai,

sealed bids until 8 p.m.

March 15 for the purchase of
$53,000 water revenue extension and

Sale—The $17,000 general
obligation bonds offered Feb. 27

chase

sive.

,

sealed

Co.,

;

awarded

highest bidder

price of

a

27—v.

March

on

Mich.

Bond

Charles

—

sealed bids until

April

1951

Offering—Richard E. NiVillage Clerk, will receive

pon

$257,000 school

Feb.

Offering

(EST)

Boyce, of Louisville, Blyth & Co.,
of
Chicago, Bankers Bond Co.,

bids

syndi¬

a

1

(CST) on
March 6 for the purchase of $25,000 bonds, divided as follows:

$13,600,000
171, p.

to

Feb.

on

1968 inclusive.

mortgage bonds offered Feb. 24—

Town

28—v.

cate composed of the Continental
Illinois National Bank & Trust

Due

ceive

from

1

Principal and

Bond

Olivet,

Newburyport, Mass.

Houghton, City Treasurer, will

Smith-Wood Co., of New Orleans,
on a bid
reflecting a net interest

Carleton

was

Co., for 2s, at

Bond

basis of about 1.98%.

a

Note Sale—The

1

inclusive.

1

cost of

offered

Liscomb,

Chicago, III.
—

Feb.

on

1958

2y2s.

as

bonds offered

con¬

101.60.

ILLINOIS

Sale

Due

1955 to

1

were

Bond

23/4s.

as

from

Bond Sale—The

par.

to

highest bidder

Beh

100.20,

April

Fraser,
sewer

888—were awarded to

p.

Bond

Livingston Parish Sch. Dist. No.
(P. O. Livingston), La.

a

State
as

Bedford, Mass.

Sale—The $474,000

171,

Feb. 1 from

on

as 2y4s.
Due on Feb.
from 1969 toJ.975 inclusive.

v.

to

$75,000

basis of about 1.85%.

a

on

The

—

awarded

County
Center,

April 1 from 1951 to
All

Sale

struction
were

as

price of 101.01, a basis
Dated April
1,

1970

—

awarded

a

New

Bond

1954 inclusive.

to

358,000

Guthrie Center, Iowa

2.15%.

1950.

investor, at

Bond

Bond Sale—The $100,000 school
bonds offered Feb. 27 were award-

a

789—were

p.

&

York City.

loan of 1946 bonds offered Mar. 1

171, p. 701—
syndicate com¬

a

from 1959 to

Dubuque, Iowa
$25,500 CherryStreet
Sewer Dist. Spec.

Imp. bonds offered Feb. 25

Legality approved by
Chapman & Cutler, of Chicago.

about

1—v.

4s. Due

as

398,000

.

the holder.

21/4s, at

$114,000

dated March

Bond Sale—The
Green

Heenehan

$1,000,000 notes
offered Feb. 28—v. 171, p. 888—
Bank; Newman, were awarded to the Merchants
Brown & Co., and
Nusloch, Bau- National
Bank,
of
Boston,
at
dean & Smith, all of New
Orleans, 0.95% discount. The second high¬
at a price of
100.002, a basis of est bidder was National Shawmut
about 2.40%, as follows:
Bank, Boston, at 0.96% discount.

1951 to 1959 inclusive.

are

March

on

inclusive.

interest

(A-O) payable at a bank
6, 1951. Legality or trust company to be
designated
Sullivan, Donovan, by the purchaser.
Legality ap¬
Hanrahan, of New proved by Miller. Canfield, Pad¬
dock & Stone, of Detroit.

by

Charles, La.

Des Moines.

1, 1950. Denomina¬

$1,000. Principal and interest
(M-S) payable at the Irving Trust
Co., New York City, or at the City
Treasurer's office, at the option of

of

Nov. 1 from 1951 to

on

awarded to

1951

tion

j ed to Blyth & Co., of Seattle,

fered
were

1, 1950.
Legality approved by Bannister,
Carpenter, Ahlers & Cooney, of

bonds.

coupon

Due

Due

1964

45

March

on

approved

Halsey, Stuart & Co., and Paine,
Bond Sale—The $1,000,000
pub¬ Webber, Jackson & Curtis, of Bos¬
lic school improvement bonds of¬ ton, jointly, as 2s, at a price of

10,000 improvement bonds.
De¬
nomination $500. Due on May

H.

Due

March 6/ 1950.

Hibernia National

thereafter.

—

been

&

000.
to

dated

are

Boston, at

-

posed of Blyth & Co., of Chicago;

of:

inclusive. The bonds

Williams, City Clerk, will receive

Dated March

award¬

were

$25,000 construction bonds.

Idaho Falls, Ida.

building

street

Corydon State Bank, as

any

000 public

$35,000

2s and 2y4s.

IDAHO

Offering:

has

Nuveen

Notes

—v.

Sale—The

ed to the

Bank, and J. H. Hilsman & Co.,
both of Atlanta, at
a
price of
106.51, a basis of about 1.94%.

Bond

John

0.78% interest.

1,

1949.

Iowa

bonds offered Feb. 28

Co., of Chicago,

Southern

bonds

revenue

to

Lake

York, Blair, Rollins & Co.,
Paine, Webber, Jackson &
Curtis, of New York, Johnson,
Lane, Space & Co., of Atlanta,
Citizens

sold

IOWA

Corydon,

Inc.,

&

system

(989)

Second National Bank,

4

1979 inclusive.

of New

Nuveen

v

Sold—An issue of $7,000,electric, water and sewerage

000

basis of about 2.13%.

a

composed of Lehman Bros., Stone
& Webster Securities
Corp., both

John

La.

—

CHRONICLE

Co., of
p. 789 — were awarded to R. S.
Chicago, and Scharff & Jones, of
Dickson & Co., of Chicago, and New
Orleans, jointly, as 3V4s, on
Braun,
Bosworth
&
Co.,
Inc., a bid reflecting a net interest cost
jointly) as 2%s, at a price of of about 3.43%.
Dated Nov.

Columbus, Ga.
Bond Sale—The
$2,000,000 2Vz%
bonds offered Feb. 28—v. 171, p.
a

FINANCIAL

Lafayette,

$346,000 sani¬
flood drainage

and

sewer

&

Bond

Sale—The

1950 bonds offered Feb. 24—v. 171,

GEORGIA

789—were awarded to

Lafayette Conservancy
District, Ind.

Bond

Dover.
Legality ap¬
by Reed, Hoyt & Wash¬

COMMERCIAL

*•»*> "*•"

the

building
March 1,

purchase
coupon

of

bonds.

$140,000
Dated

1950. Denomination $1,-

Minneapolis, Minn.
Bond

Sale—The $1,500,000 re¬
funding bonds offered March 1
—v. 171, p. 888—were awarded to
a
syndicate composed of Phelps,
Fenn & Co.; Stone & Webster Se¬
curities Corp.; F. S. Moseley &
Co.; Paine, Webber, Jackson &
Curtis;
Schoellkopf,
Hutton
&
Pomeroy,
of
Buffalo;
First of
Michigan Corporation; Hornblower
& Weeks; Dominick &
Dominick;
Reynolds
&
Co.;
Roosevelt
&
Cross; F. S. Smithers & Co., all of

New

York; McDonald & Co., of
Cleveland; Wm. E. Pollock & Co.;
Paul Frederick
&
Co., both of
New York; J. M. Dain &
Co., of
Minneapolis, and the Milwaukee
Co., of Milwaukee, as 1.80s, at a
price of 100.33, a basis of about
1.76%.

Additional
bonds offered

Sale—The $4,980,008
on

above date

awarded to the same

were

syndicate,

as

46

(990)

1.80s,, at

THE

price of 100.06,

a

of about

Chillicothe,

Sale —The

park

$147,900
parkway im¬

and

provement bonds offered
date

MISSOURI

DeKalb

1.79%.

Additional

special

basis

a

COMMERCIAL

also

were

awarded

Bond

offered

the

to

water
department bonds

power

Feb.

7

awarded

were

to

iy2s, at

as

of 100.05.
Fork

(P.

Belgrade),
Bond

Offering

O.

maturing

Minn.
—

thereafter
E.

Andrew

March

on

$35,000

8

road

tion $1,000.
1953

bonds.

1950. Denomina¬

1,

Due

March 1 from
inclusive. Principal

1968

to

(EST)

m.

purchase of

bridge

and

March

Dated

the

for

on

interest payable at any suit¬
able bank or trust company desig¬

will

1961

and
redeemable in

year

be

Legality

approved by Faegre & Benson, of
Minneapolis.
Traverse

County (P. O. Wheaton),
Minnesota

Sale—The

Bond
age

$75,000 drain¬
bonds offered Feb. 28—v. 171,

790—were awarded to the C. S.
Co., of Minneapolis, and
Shaughnessy & Co., of St. Paul,

p.

Ashmun

as I V2S, at a price of 100.28,
basis of about 1.46%.
The sec¬

jointly,
a

ond

highest

bidder

North¬

was

western National Bank, Minneap¬

olis, for 1.60s, at

price of 100.35.

a

MISSISSIPPI

Brookhaven, Miss.
Bond Sale

The $579,000 gen¬

—

eral obligation bonds offered Feb.
23—v. 171, p. 790—were awarded
to

a

syndicate composed of the J.
Co., of Jackson, Union

Love

S.

Planters
Co.

National

Bank

Trust

&

of

Memphis, Scharff & Jones
of New Orleans, Kingsbury & AlviSj of Jackson, Cady & Co., of Co¬

lumbus, Max T. Allen Co., of Hazlehurst, Herman Bensdorf & Co.,
of Memphis, Weil & Arnold, of
New Orleans, and Lewis & Co., of
Jackson at a price of 100.15, a
basis of about 2.47%, as follows:

$312,000 water works bonds: $40,000

as

3s, due

1951 to 1955
*

2s, due

as

1956 to 1961

21/4s, due

as

1962 to 1966

2%s, due

as

1967

to

March 1 from

on

inclusive; $78,000
March

on

1

inclusive; $68,000
on

March 1 from

inclusive; $70,000
on

1971

March 1 from

inclusive,

$56,000

as

1 from

1972 to

2%s, due

2s, due

as

inclusive.

2^4s,

to

1966

to

$48,000

March

1

O.

1

as

from

inclusive,

2%s, due

1 from 1972 to

on

and
March

1975 inclusive.

Legality

Townsend),

approved

Thorndike,

Mont.

Palmer

by
Storey,
& Dodge, of

Max

T.

Allen

Delaware

Township (P. O.
Erlton), N. J.

Bond

2.58%,

as

basis

follows:

$270,000

as 2%s. Due on March 1
from 1951 to 1966 inclusive.

76,000

as 2%s. Due on March 1
from 1967 to 1970 inclusive.




(EST)

bids

March

on

chase

of

ment

1950

Feb.

28

$87,000

until

9

for

street

coupon

2

re¬
p.m.

the

as

Meadow

interest

and
Brook

National

Vance

bids until 11

were

—

20

Securities

at

follows

to

108,000

Due

l3/4s.

Due

The

second

highest bidder

of

ty Treasurer's office.

1

Sale

—

Bond

ceive

23—v.

(EST)

sealed

bids

at

awarded

the

000

Offering

sealed

New
Bond

ing
Feb.

Brunswick,

Sale—The

improvement
28—v.

awarded

the

J.

$300,000 park¬
bonds

171,

to

N.

Bond

offered

Denomination

bids

until

11

P.

Parking

Bond

Woodstock

Water

Legality

approved

by

Offering—Kenneth L. Wil¬
Town Supervisor, will receive

000

water

1950

tered bonds.

N.

Y.

—v.

the

171,

p.

791—were awarded to

Union

Franklinville,
>f

100.12,

a

National
as

Bank,

l%s, at

a

of

price

basis of about 1.72%.

March

1

a.m.

coupon

or

regis¬

Dated March 1, 1950.

Denomination

Bond Sale—The $10,000 fire ap¬
paratus 1950 bonds offered Feb. 23

Offering—F.

of the

Board

of

Proctor,
Education,

from

$1,000.
1951

to

Due

on

1989 inclu¬

sive.

Principal and interest (M-S)
payable at the State of New York
National

Bank, of Kingston. Le¬
gality approved by Vandewater,
Sykes, Heckler & Galloway,--of

New York

City.

works

(M-S)

proved

bonds.

payable at the City
office.

by

Legality

Squire,

East
Bond

—

bonds.

pur¬

construe tion

Dated April

1, 1950.

De¬

Coshocton

City Sch. Dist., Ohio

Clerk-Treasurer

of

the

Boyd,

Board

of

Education, will receive sealed bids
until noon (EST) on March 7 for

<

bids until noon (EST) on
March 14 for the purchase of
$67,-!
350
street

improvement,

Special

Assessment bonds. Dated April
1,
1950. Denomination
$1,000. Due on
Oct. 1 from 1951 to 1955 inclusive..
Interest A-O.

Edison, Ohio
Bond

ter,

Offering

Village

—

Earl

Clerk,

Shoewal-

will

receive'

sealed bids until 7
p.m. (EST)
March 13 for the purchase of

on

$6,- !
equipment bonds.
Dated
March 1, 1950. Denomination
$500,
except one for $600. Due on Oct.
600 fire

1

from

1951

to

1960

inclusive.

Principal and interest (A-O) pay¬
able at the Peoples
Savings Bank
Co., Mt. Gilead. *
Elida,
Bond

Sale

Ohio
The

—

works bonds offered

$4,000 water
Jan.

awarded to J. A. White

Cincinnati,
100.72,

as

3M>s, at

25

were

&

Co., of.
price of,

a

basis of about 3.29%.

a

Euclid, Ohio
Bond

Offering—W.

A.

Abbott,

City Auditor, will receive sealed
bids

until

■

noon

:(EST) on March
purchase Of' $65,000:
bonds, divided as follows."
20

for

the

$40,000 transportation system imbonds.

provement
March

1, 1950. Due

Dated

Dec. 1

on

from 1951 to 1955 inclusive.

25,000 street improvement bonds.
Dated

July

Dec.

from 1950

1

1„

1949.

Due

to

on

1954

in¬

clusive.

Denomination

$1,000.

Legality

approved by Peck, Shaffer & Wil-

liams, of Cincinnati.
Fairborn City Sch. Dist., Ohio
Bond

Offering — Emerson E.
Palmer, Clerk of the Board of,
Education, will receive sealed bids
until noon (EST) on March 22 for
purchase of $890,000 building

bonds.

Dated March

nomination

$1,000.

Dec.

1

from

1, 1950.

Due

elusive. Interest J-D.

March 17 for the

$35,000

Ohio

E. Allan Mc-

Keever, City Auditor, will receive'

(EST)

on

&

sealed

and

of

ap¬

Sanders

Liverpool,

Offering

will receive sealed bids until noon

chase

Dated

Dempsey, of Cleveland.

the

H.

Bond Offering—Lester S.

(EST) on
March 9 for the purchase of
$206,-

NEW YORK

Bond

Clerk

(P. O.

Bond

sealed bids until 11

par.

Barlow Local' Sch. Dist., Ohio
>

Woodstock), N. Y.

at

Delevan,

District

Ohio

on

Treasurer's

pur¬

nomination $1,000.
Due on Oct. 1
Principal and interest (J-D)
from 1951 to 1960 inclusive. Prin¬
payable at the Marine Trust Co.,
cipal and interest (A-O) payable
Buffalo, or at the Marine Midland
at the Waterford Commercial &
Trust Co., New York City. Legal¬
Savings Bank, Waterfbrd.
Le¬
ity
approved
by
Vandewater,
gality approved by Squire, Sand¬
Sykes, Heckler & Galloway, of
ers
& Dempsey, of Cleveland.
New York City.

son,

price of

1,

Due

Dec. 1 from 1950 to 1974 inclu¬

Committee Chamber of Commerce,
a

$1,000.

or

&
•

1, 1950.

Due

terest

re¬
a.m.

sive.

790—were

p.

water

000.

Brandon

—

March 22 for the

on

office.

office

Offering — E. M. WitzleDistrict Clerk, will receive

ap¬

Sanders

Denomination $1,Sept. 1 from 1951 to
1962 inclusive.
Principal and in¬

of)

of John

ben,

Legality

Squire,

Defiance,

was

Hodges, State Treasurer, will

$6,000 construc¬

791—were

to

Securities

North Carolina (State

tion registered bonds offered Feb.

on

The

by

March

p.

coupon

Dempsey, of Cleveland.

basis of about 2.08%.

Irving Fire Dist. (P. O.
Irving), N. Y.

171,

$180,000

Bond Offering—Leonard
Corp. Trust
F. Pat¬
Co., of Georgia, Atlanta, and F. ten, City Auditor,
will
receive
W. Craigie & Co., jointly, for 6s, sealed bids until noon
(EST) on
l3/is and 2s, at a price of par, a March 6 for the purchase of
$60,-

Equitable

Legality approved by
Vandewater, Sykes, Heckler &
Galloway, of New York City.

Bond Sale—The

of

building

inclusive. Principal and in¬
terest (A-O) payable at the Coun¬
proved

Feb.

on

purchase

sealed,

March

on

1964

1958 inclusive.

as

the

(EST)

April 1 and Oct. 1 from 1951

on

from 1959 to 1979 inclusive.

Freeport.

Hanover,

Husak,
County

of

registered bonds. Dated April
1, 1950. Denomination $1,000. Due.

Feb. 1 from

on

for

a.m.

4

or

:

5s.

as

1952

the

Bank

Board

Franklin Avenue

&

$62,000

Dated March 1, 1950.
De¬
nomination $1,000.
Due on Sept.
1
from
1950
to
1958
inclusive.

Principal

the

to

889

p.

pur¬

improve¬
registered

or

171,

v.

—

Co., and R. S. Hays & Co.,
both of Durham, jointly, at a
price
of 100.11, a basis of about
2.07%,
er

bonds.

1950.^

$60,000 bonds
offered Feb. 27—v. 171, p. 888—
were awarded to Dolphin & Co.,
of Philadelphia, as 2.65s, at a price
of 100.10, a basis of about 2.64%.

phis, Weil & Arnold, of New Or¬
leans, and Lewis & Co., of Jacka

sealed

building 1950 coupon
registered bonds.
Dated April

Co., of Hazlehurst,

price of 100.03,

ceive

950,000

NEW JERSEY

Herman Bensdorf & Co., of Mem¬

son, at a
of about

Hunt, Village Treasurer, will

the

of

building, Series B bonds offered Commissioners, will receive

W.

sealed bids until 2 p.m. (EST) on
March 9 for the purchase of $2,-

—

were awarded to a syndicate
composed of the J. S. Love Co., of
Jackson, Scharff & Jones, of New
Orleans, Kingsbury & Alvis, of
Jackson, Cady & Co., of Columbus,

24

Clerk

school

Corp., of Greensboro, J. Lee Peel¬

Stephen

—

Bond Offering—Frank J.

Sale—The $300,000

Beach

Boston.

Additional Sale
The $346,000
water works and sewerage system
revenue
bonds offered on above
date

Feb.

Bond

awarded

Offering

Cuyahoga County (P. 0.1
Cleveland), Ohio

O.

—

from

$60,000

March

on

1971
as

from

con¬

Freeport, N. Y.
Bond

(P.

Mocksville), N. C.

$25,000

offered

County

—

inclusive; $58,000

inclusive;

due

1967

1

The

—

bonds

Davie

Y.

Daly, attorney, 371 Long Mitchell & Pershing, of New York
Road,
Oceanside,
until City.
Sale
The $188,000 con¬ 2 p.m. (EST) on March 10 for the
struction bonds offered Feb.
24 purchase of $22,000 fire truck 1950
Oxford, N. C.
were awarded to
Piper, Jaffray & coupon or registered bonds. Dated
Bond Offering — W. E. EasterHopwood, of Minneapolis, as 2.40s, April 1, 1950. Denomination $1,- ling, Secretary of the Local Gov¬
at a price of par. The second
high¬ 000. Due on April 1 from 1951 to ernment Commission, will receive
est
bidder
was
State
Bank
of 1955 inclusive.
bids
Principal and in^ sealed
at
his
office
in
Townsend, and Miners National terest
(A-O)
payable
at
the Raleigh, until 11 a.m. (EST) on
Bank, Butte, jointly, for 2y2s, at Oceanside National Bank, Ocean- March 7 for the purchase of
$200,a price of
100.63.
side.
Legality approved by Van¬ 000 coupon bonds, divided as fol¬
dewater, Sykes, Heckler & Gallo¬ lows:
Havre, Mont.
way, of New York City.
$80,000 water bonds. Due on April
Bond Offering—G. W. Patter¬
1 from 1951 to 1972 inclusive.
son,
City
Clerk,
will
receive Huntington Union Free Sch. Dist.
20,000 sanitary sewer bonds. Due
No. 4 (P. O. North Port ), N. Y.
sealed bids until 7 p.m (EST) on
on April
1 from 1951 to 1970
March
15
for
the
Bond Sale—The 530,000 school
purchase of
inclusive.
1950 bonds offered March 2 were
$485,000
water
revenue
bonds.
100,000 land acquisition bonds.
Dated April 1, 1950.
Denomina¬ awarded to Geo. B. Gibbons & Co.,
Due on April 1 from 1951 to
tion $1,000. - Due on April 1 from
Inc., Chas. E. Weigold & Co., Hall
1973 inclusive.
1952 to 1970 inclusive.
Bonds ma¬ & Co., all of New York,*1hnd the
Dated April 1, 1950. Denomina¬
turing in 1956 to 1960 will be re¬ Northport Trust Co., of Northport,
tion $1,000. Principal and interest
deemable at par, at the option of jointly, as
iy2s, at a price of in New York
City.
Legality ap¬
the City, on April 1,
1955, and 100.08, a basis of about 1.43%.
proved by Mitchell & Persuing, of
any interest payment date there¬
I slip Union Free Sch. Dist. No. 11 New York City.
after.
Bonds maturing in 1961 to
1970 will be redeemable at par,
(P. O. Ronkonkoma), N. Y.
Rockingham County (P. O.
at the option of the
Bond Sale—The $252,500 school
City, on April
Wentworth), N. C.
1, 1960, and any interest payment 1950 bonds offered March 1—v.
Bond Offering — W. E. Easterdate thereafter. Principal and in¬
171, p. 889—were awarded to Hall
ling, Secretary of the Local Gov¬
terest payable at such banking in¬ & Co., of New
York, as 1.70s, at a ernment
Commission, will receive
stitutions as shall be satisfactory price of 100.27, a basis of about
sealed bids at his office in Raleigh,
to
the purchaser
and the City 1.66%.
until 11 a.m. (EST) on March 7
Council.
Legality
approved
by
for
the
purchase
of
$1,000,000
Rochester, N. Y.
Faegre & Benson, of Minneapolis.
school building, Series D coupon
Note Sale—The $1,031,000 cap¬
bonds.
Dated June 1, 1949.
De¬
ital and tax anticipation notes of¬
NEW HAMPSHIRE
nomination $1,000. Due on June 1
fered Feb. 28—v. 171, p. 889—were
from 1951 to 1979 inclusive. Prin¬
Concord, N. H.
awarded to Salomon Bros. & Hutzcipal and interest (J-D) payable
Note Sale
The $300,000 notes
ler, of New York, and the Nation¬ in New
York City.
Legality ap¬
offered Feb. 24 were awarded to al
City Bank, of Cleveland, joint¬
proved
by
Caldwell,
Marshall,
the Second National Bank, of Bos¬
ly, at 0.70% interest.
Trimble & Mitchell, of New York
ton, at 0.81% discount.
West Seneca and Orchard Park
City.
Notes are dated Feb. 28, 1950.
Central Sch. Dist. No. 1 (P. O.
Denomination
$25,000.
Due
on
OHIO
Buffalo 10), N. Y.
Dec. 1, Dec. 4 and Dec. 5, 1950.
(P.

Bond

March 1 from 1962

on

2i/2s,

$35,000

Sale

NORTH CAROLINA

DeKalb

awarded to the C. E. Weinig

receive

Broadwater County Sch. Dist. No. 7

inclusive; $66,000

on

1956 to 1961
as

and

March

on

1975

267,000 sewerage bonds:
as
2s, due on March
1951 to 1955

from

O.

numerical

and

nated by the purchaser.

(P.

Monday, March 6, 1950

to the Manufacturers and Traders chase
of
$75,000,000
order, at par
secondary",
and accrued
interest, on Feb. 1, Trust Co., of Buffalo, as 2.20s, at a road coupon or registered bonds.
Dated Jan. 1, 1950.
1960, or on any interest payment price of par.
Denomina¬
tion $1,000.
date thereafter prior to maturity.
Due on Jan. 1 from
Hempstead, Oceanside Fire Dist.
1953 to 1970 inclusive.
Legality approved by Charles &
Principal
(P. O. Oceanside), N. Y.
and interest (J-J) payable in New
Trauernicht, of St. Louis.
Bond
York City, at the option of the
Offering — Andrew S.
MONTANA
Southard, District Treasurer, will holder, at the State Treasurer's

inverse

Thoen, Town Clerk, will receive
sealed bids until 1:30 p

the

in

20

Co., of Buffalo.

nomination $1,000. Due on Feb. 1
from, 1951 to 1963 inclusive. Bonds

I

North

Bond

CHRONICLE

Union Free Sch. Dist.

struction
were

Stern Bros. &

Co., of Kansas City,
and Blewer, Heitner & Glynn, of
a price of 100.06, a basis of about
St. Louis, jointly, as IV2S, at a
1.48%.
price of 100.45. Dated Feb. 1, 1950.
The second highest bidder was
Denomination $1,000. Due on Feb.
Halsey, Stuart & Co.; J. P. Morgan 1 from 1951 to 1965 inclusive.
& Co., Inc.; Lehman Bros.; Blair,
Principal and interest (F-A) pay¬
Rollins & Co., Inc.; Estabrook & able at
the Mercantile-Commerce
Co.; Eastman, Dillon & Co.; Otis Bank & Trust Co., St. Louis. Le¬
& Co.; W. H. Morton & Co.; Laidgality approved by Stinson, Mag,
law & Co.; Bramhall, Barbour &
Thomson, McEvers & Fizzell, of
Co.; Detmer & Co.; Title Guaran¬ Kansas City.
tee & Trust Co., New York; Na¬
Fulton
Sch.
tional City Cank, Cleveland; King,
Dist., Mo.
Quirk & Co.; Piper, Jaffray &
Bond Offering — L. C. Dahl,
Hopwood, and William R. Comp- Secretary of the Board of Educa¬
ton Co., jointly, for $1,500,000 as
tion, will receive sealed bids un¬
1.80s, at a price of 100.30; $4,980,- til 7:30 p.m. (CST) on March 9
000 as 1.80s, at a price of 100.05,
for the purchase of $155,000 school
and $147,000 as lVfes, at a price bonds.
Dated April 1, 1950.
De¬

Phelps, Fenn syndicate,

FINANCIAL

Junction), N.

Sale—The $565,000

plant and

same

on

No.

Mo.

&

>

in-

>

Legality

ap¬

on

to

proved

by Peck, Shaffer
liams, of Cincinnati.
Franklin Local Sch. Dist.
R.

F. D.

Bond

De-*
June

1975

1951

&

Wil¬

(P. O.

'

Kensington), Ohio

Offering—Delia

Treffin-

ger, Clerk of the Board of Educa¬

tion, will receive sealed bids un¬
(EST) on April 4 for the»
purchase of $40,000 construction

til 8 p.m.

coupon

bonds. Dated Jan. 1, 1950.

Denomination $1,000. Due on Oct.
1
from
1951
to ' 1970
inclusive.

Principal and interest (A-O) pay-,
able ^at the Peoples ,State
Bank,
Lisbon.

the purchase of $400,000 improve¬
ment bonds.

Dated March

Denomination $1,000. Due
1

from

1951

to

1970

1, 1950.
on

inclusive.

Principal and interest (M-N)

pay¬

able at the First National Bank of
Coshocton.

Legality approved by

Squire,. Sanders
.Cleveland.

&

Jefferson

Dempsey,

of

Bond
Clerk

Local

Sch.- Dist.

(P. O.

Dresden), Ohio

-

Nov.

Offering

of the

—

P.

Board: of

S. Gray,
Education,

will receive sealed bids until

•

noon

(EST) on March 13 for the pur-,
chase of $10,000 bus garage bonds.
Dated

$1,000.
to

April 1, 1950. Denomination

Due on Oct. 1 from 1951
1960 inclusive. Interest A-O.

■Volume

Number 4887

171

THE

Lemon Local Sch. Dist. (P. O.

Monroe),

<

for

—

Hazel Hannah,

iClerk of the Board of Education,
March

on

chase

8

for

the

on

Sept.

inclusive.

1

pur¬

Co., and
flecting

,1951

to

1970

inclusive.

1

from

Interest

->J-D.

Legality approved by Peck,
.Shaffer & Williams, of Cincinnati.
Mason
Bond

Local

Sale

Sch.

—

Dist.,

The

Ohio

at

$30,000 im¬

provement bonds offered March 1

awarded

jwere

to

J.

A.

White

was

for

,

a

a

due

are

Texas
No. 61

Beverly),
Bond
Clerk

The second highest bidder

will
1

Offering

of

the

—

Board

receive

(EST)
purchase
of
p.m.

the

—

(P. O.

M.
of

G. Nixon,

Education,
bids

until

March 15 for the

000.

1,

1950.

Due

on

from

1951

cipal

and

to

June

and

Dec.

1

Xenia

1972 inclusive. Prin¬

(J-D) payable
Deposit Bank, Na¬

Penry Ttvp. Local Sch. Dist. (P. O.
Canton), Ohio
Bond Offering—W. C.

trict

Clerk,

will

Bell, Dis¬

receive

Due from 1952

County Sch. Dist. No.
(P. O. Empire), Ore.

Bond

Offering

—

Luella

6

Deal,

District Clerk, will receive sealed
bids until 8 p.m. (PST) on March

Twp. Local Sch. Dist. (P. O.
Xenia), Ohio

6

for

the

school

purchase

bonds.

Dated

of

shall

sealed

Offering

be

—

E.

L.

until

for

subject

to

call and

re¬

sealed

bids until March

Bond Sale
bond

703—were

The

—

offered

Feb.

$105,000 water
13—v. 171, p.

awarded to Dean

ter &

Co., of San Francisco,

and 2

Vis, at

Monessen

for the

a

2Vis

price of 2.44%.

County, Palatine Hill
Water Dist. (P. O. Riverdale
School, 11733 S. W. Brey-

the

Sch.

Dist.,

Pa.

Offering—Joseph M. Du-

Secretary of
Directors,

the

Board

of

School

will
receive
bids until 7:30 p.m. (EST)
March 9 for the purchase of

sealed
on

$789,000

building
bonds.

coupon

1950.

and

Denomination

clusive.

Bank

at

1952 to

interest

National

Co., Monessen. Le¬

approved

Churchill,

1979 in¬

and

Peoples

the

& Trust

gality

$1,000.

Principal

payable

equipment
March
1,
Due

Dated

March 1 from

on

by

Ruffin

Burgwin,

&

Hazlett,

of

Pittsburgh.

Bond

Kensington, Pa.

Offering—Louis G. Heinle,

City

Clerk,

bids

until

will
10

receive

sealed

(EST)

a.m.

March 7 for the purchase of
000

refunding

Wit¬

as

Multnomah
e

7

purchase of $25,000 general obli¬
gation bonds.

New

County, Menlo Park
Water District (P. O.
Portland), Ore.

$56,000

Offering—J. P. Hohnstott;
Secretary, will receive

Township

Multnomah

from 1951 to 1960 inclusive. Inter-

hoon

Hopewell Township (P. O.
Aliquippa), Pa.

Portland.

March

Co., Harrisburg, for
price of 100.49.

a

Bond

das,

Oliber,

(EST) on March
j by Winfree, McCulloch, Shuler &
est
J-D.
man
Legality approved by Sayre, of Portland.
Avenue, Portland),
purchase of $945,000
Peck, Shaffer & Williams, of Cin¬
construction bonds. Dated April 1,
Oregon
Douglas County Sch. Dist. No. 15
.1950. Denomination $1,000. Due on cinnati.
Bond Offering — G. W. Haerle,
(P. O. Days Creek), Ore.
June 1 and Dec. 1 from 1951 to
Bond Sale
The $55,000 school Secretary of the Board of Com¬
OKLAHOMA
1971 inclusive. Principal and in¬
will
receive
sealed
bonds offered Feb. 24—v. 171, p. missioners,
terest (J-D) payable at the Peo¬
Caddo County Indep. Sch. Dist.
bids
until
8
p.m.
(PST)
on
703—were awarded to the Chas.
No. 161 (P. O. Hinton), Okla.
ples Bank, Canton.
March
13
for
the
purchase of
N. Tripp Co., of Portland, as fol¬
f
Bond Sale—The $51,000 building lows:
$287,000 water bonds. Dated March
Salem Local Sch. Dist. (P. O.
bonds offered Feb. 27—v. 171, p.
1, 1950. Denomination $1,000. Due
Rt.
1
Fayetteville), Ohio
$40,000 as 2s. Due on April 1 from on
890—were awarded to the SmallJuly 1 from 1951 to 1979 inclu¬
Bond Sale—The $12,500 building
1952 to 1959 inclusive.
sive.
All
bonds maturing
Milburn Co., of Wichita, on a bid
after
bonds offered Feb. 24 were award¬
15,000 as 2 Vis.
Due on April 1
July 1, 1955, shall be subject to
reflecting a net interest cost of
ed to J. A. White & Co., of Cin¬
from 1960 to 1962 inclusive.
call and redemption, at par, plus
about
1.72%.
Dated
March
15,
cinnati, as 3s, at a price of 100.96.
The second highest bidder was accrued interest, on any interest
1950.
Due on March 15 from 1953
The
second
highest bidder was
Atkinson-Jones & Co., for $55,000 bearing date, on or after July 1,
to 1965 inclusive. The second
high¬
Pohl & Co.; for 3V2S, at a price of
;
•
1955.
est bidder was the First Securities as 2 Vis.
Legality approved by Win109,28.
free, McCulloch, Shuler & Sayre,
Co., of Kansas, Wichita, on a bid
Douglas County Sch. Dist. No. 6
of Portland.
Salem Local School Dist^ (P. O. reflecting a net interest cost of
(P. O. Route 1, Box 153,
R. D. No. 3, Urbana), Ohio
about 1.72%.
Roseburg), Ore.
Prineville, Ore.
Bond
Offering—W. H. McCulBond Sale
The $26,000 school
Crescent, Okla.
Bond Sale Details
The $8,iough, Clerk of the Board of Edu¬
bonds offered March 1
v.
171, 345.87 improvement bonds pur¬
Bond Sale
The $25,000 sewer
cation, will receive sealed bids un¬
p. 792 — were
awarded
to
the chased
by the First National Bank,
improvement bonds offered Feb.
til noon (EST) on March 17- for
County State Bank, of of
27—v. 171, p. 890—were awarded Douglas
Prineville, as 2%s, as previous¬
the purchase of $175,000 building
to the R. J. Edwards, Inc., of Ok¬ Roseburg, at a price of par, as fol¬ ly noted in v. 171, p. 792, were sold
and equipment bonds. Dated April
lows:
at a price of par. •
lahoma City, on a bid
reflecting a
15, 1950. Denomination $1,000. Due
$12,000 as 2s. Due on April 1 from
net interest cost of about 2.74%.
on
Oct. 15 from 1951 to 1972 in¬
Seaside, Ore.
1955 to 1960 inclusive.
Bond
clusive.
Lincoln County Indep. Sch. Dist.
Interest A-O.
Offering — Robert
Urie,
14,000 as 2i/4s.
Due on April 1
No. 103 (P. O. Prague), Okla.
City Auditor, will receive sealed
from 1961 to 1967 inclusive.
Sebring, Ohio
bids
until
8
p.m.
(PST)
on
The second highest bidder was
Bond Offering — Ned
Bond Sale
The $49,000 water
Burleson,
the
purchase of
Atkinson-Jones & Co., for $14,000 March 13 for
works improvement bonds offered Clerk of the Board of Education,
$115,000 bonds, divided as follows:
as 2Y4S, and $12,000 as 2V2S.
will receive sealed bids until 7:30
Feb. 22
v.
171, p. 703 — were
$100,000 water bonds.
Due on
(CST) on March 6 for the
awarded to Hayden, Miller & Co., p.m.
Eugene, Ore.
April 1 from 1951 to 1960
of
$40,300
of Cleveland, as 2 Vis, at a price of purchase
building
Bond Sale—The $1,000,000 gen¬
inclusive.
bonds.
Due from 1952 to 1961 in¬
100.64, a basis of about 2.17%. The
eral obligation water and electric
15,000 general obligation bonds.
second highest bidder was Ryan, clusive.
utility bonds offered Feb. 27—v.
Due on April 1 from 1951 to
Sutherland & Co., for 2 Vis, at a
Lincoln County Indep. Sch. Dist.
171, p. 703 — were awarded to
1960 inclusive.
price of 100.57.
No. 125 (P. O. Tryon), Okla.
Blyth & Co., First National Bank,
Dated April 1, 1950.
All bonds
both of Portland, Northern Trust
Bonds Sold—An issue of
Smith Local Sch. Dist. (P. O.
$35,000
which mature after April 1, 1955,
building bonds has been sold to Co., of Chicago, and the United
R. D. 4, Alliance), Ohio
States National Bank, of Portland, shall be subject to call and re¬
Bond Sale—The $85,000 building the First National Bank, of ^hand¬
jointly, at a price of 99.54, a basis demption on April 1, 1955, and on
bonds offered Feb. 21—v. 171, p. ler, at a price of par, as follows:
any
new
interest
of about 1.78%, as follows:
paying
date
702—were awarded to Braun, Bos- $12,000 as 1V8S. Due on March
1,
thereafter.
Principal and interest
worth & Co., Inc., Toledo, as 2V2S,
1953.
$250,000 as 4s. Due on April 1 from
(A-O) payable at the City Treas¬
1951 to 1955 inclusive.
at
a
price of 100.83, a basis of
23,000 as 1Vis. Due on March 1 in
urer's office.
Legality approved
about 2.41%.
1954 and 1955.
250,000 as IVis. Due on April 1
p
by Winfree, McCulloch, Shuler &
from 1956 to 1960 inclusive.
Dated March 1, 1950.
Suf field Local Sch. Dist., Ohio
Sayre, of Portland.
250,000 as IV2S. Due on April 1
Bond Sale
The $180,000 con¬
Logan County (P. O.
from 1961 to 1965 inclusive.
Tillamook, Ore.
struction bonds offered Feb. 25—
Guthrie), Okla.
Bond
250,000 as l%s. Due on April 1
Offering—J. C. Holden,
v.
171, p. 791—were awarded to
Bond Offering — L. R.
from 1966 to 1970 inclusive.
Taylor,
City Recorder, will receive sealed
Fahey, Clark & Co. ,of Cleveland, County
Clerk, will receive sealed
bids
until
7:30 p.m.
(PST) on
as 2%s, at a price of
Hood River, Ore.
101.73, a basis bids until 10 a.m. (CST) on March
March 20 for the purchase of $12,Bond Offering — W. M. Sylves¬
of about 2.31%.
6
)
for
the
purchase of $225,000
954.18 improvement bonds. Dated
ter, City Recorder, will receive
county separate school bonds. Due
Tiltonsville, Ohio
April 1, 1950. Denomination $1,sealed bids until 8 p.m. (PST) on
from 1952 to 1960 inclusive.
Bond Offering—Pete
000, except one for $954.18. Due on
McKeegan,
April 3 for the purchase of $10,Village Clerk, will receive sealed Rogers
April 1 from 1951 to 1962 inclu¬
County Indep. Sch. Dist. 957.40 improvement bonds. Dated
sive. Principal and interest (A-O)
bids until noon (EST) on March
No. 9 (P. O. Foyil), Okla.
Feb. 1, 1950. Denomination
$1,000,
11 for the purchase of $16,000 fire
payable at the City Recorder's of¬
Bond Offering—Fred C.
Draper, except one for $957.40. Due on
truck bonds. Dated March
1, 1950. Clerk of the Board of Education, Feb. 1 from 1951 to 1961 inclu¬ fice, or as may be agreed upon
with the Common Council.
Denomination $1,000. Due on Dec. will
Le¬
receive
sealed
bids
until sive. Principal and interest (F-A)
1 from 1951 to 1958 inclusive.
In¬ 7
gality approved by John W. Shu¬
p.m. (CST) on March 8 for the payable at the City Recorder's of¬
terest J-D.
ler, of Portland.
purchase
of
$16,750
building fice. Legality approved by Winbonds. Due from 1952 to 1959 in¬
free, McCulloch, Shuler & Sayre,
Troy Local Sch. Dist. (P. O.
PENNSYLVANIA
bids

27

Trust

V^S, at

Bond

demption, at par, plus accrued in¬
terest, on any interest bearing
date, on or after July 1, 1955. Le¬
gality approved by Winfree, Mc¬
Culloch,
Shuler
&
Sayre,
of

Bond

'

County, Hazelwood
(P. O. 110

I

47

District

Equitable Building,
Portland). Ore.
Bond

15,
Offering—James R. Hart- 1950. Due on March 15 from 1952
1961
inclusive. Principal and
man, Clerk of the Board of Educa¬ to
tion, will receive sealed bids un¬ interest
(M-S)
payable
at the
til noon (EST) on March 22 for
County Treasurer's office, or at
the purchase of $19,000 equipment the fiscal
agency of the State in
bonds. Dated March 15, 1950. De¬ New York
City, at the option of
nomination $1,000. Due on Dec. 15 the" nurchaser.
Legality anproved

interest

at the Navarre
varre.

1

Coos

Cleveland.

Denomination $1,-

Water

Edwards,

OREGON

(A-O) payable
at the Peoples Banking & Trust
sealed bids until noon (EST) on
Co., Marietta. Legality approved
March
14
for
the
purchase of
$330,000 construction bonds. Dated by Squire, Sanders & Dempsey, of
April

Multnomah

Secretary of the Board of Com¬
County Indep. Sch. Dist.
missioners, will receive sealed bids
No. 7 (P. O. Skiatook), Okla.
until 8 p.m. (PST) on March 10
Bond Offering — Geo. F. Ste¬
for the purchase of $228,000 water
phens, Clerk of the Board of Edu¬ bonds. Dated March 1, 1950. De¬
cation, will receive sealed bids nomination
$1,000. Due on July 1
until 7:30 p.m. (CST) on March 9 from 1951
to 1979 inclusive.
All
for the purchase of $35,000 im¬
bonds maturing after July 1, 1955,

cipal and interest

Jones, District Clerk, will receive

(J-J)
payable at
the
County Treasurer's office. Legal¬
ity approved by Walter H. Bell, of
Stayto.

Inc., of Oklahoma City.

from 1951 to 1972 inclusive. Prin¬

Donald F.

J.

R.

Curtin

interest

—

to

warrants.

to

re¬

County Indep. Sch. Dist.
(P. O. Texhoma), Okla.

awarded

school

$2,000

Dated March
15, 1950.
Due on
Jan. 15, as follows: $200 from 1951
to 1955 inclusive. Principal and

1953

from

$120,000
building provement bonds.
Navarre-Bethlehem Local Sch. Dist. bonds. Dated April 1, 1950. De¬ to 1958 inclusive.
nomination $1,000. Due on Oct. 1
(P. O. Navarre), Ohio
Offering

of

of

bid

Bond Sale—The $77,500 build¬
ing and equipment bonds offered
March 1
v. 171, p. 890 — were

Ohio

sealed
on

chase

cost

a

interest

net

(991)

Tulsa

Wolf Creek Local Sch. Dist.

Stranahan, Harris & Co., Inc.,
2V2s, at a price of 101.68.

Bond

Milburn

-

on

CHRONICLE

1973 inclusive.

price of 101.18.

&

Co.,-of Cincinnati, as 2V4S, at a
price of 100.57, a basis of about
'2.19%.

Small

was

Associates,

Bonds

—

Dec.

FINANCIAL

about 2.91%.

$280,000 perma¬
nent improvement bonds offered
Feb. 24
v.
171, p. 599 — were
awarded to Field, Richards & Co.,
of Cleveland, as 2V2s, at a price
of 101.87, a basis of about 2.32%.
The
second
highest bidder was
Weil, Roth & Irving Co., for 2V2S,

$300,000 building bonds.
iDated March 1, 1950.
Denomina¬
on

&

Bond Sale—The

of

tion $1,000. Due

bidder

est

from

Interest

Willoughby Twp. Local Sch. Dist.
(P. O. Willoughby), Ohio

will receive sealed bids until noon

r,(EST)

-Due
1971

to

M-S.

•

Bond Offering

$200.

1951

Ohio

COMMERCIAL

March 1,
000.

1961

to

coupon bonds. Dated

1950.

Due

on

$30,-

Denomination $1,March

on

inclusive.

1

from

1952

Principal

and

interest payable at the Mellon Na¬
tional

Bank

&

Trust

Co.,

New

Kensington.
Peters

Township Sch. Dist. (P. O.
McMurray, R. D. 2, Cannonsburg), Pa.

—

Bond Offering—W. H.

Orr, Dis¬

trict Secretary, will receive sealed
bids

until

March

13

'

chase

of

$45,000

for

the

school

pur¬

coupon

bonds.,

Upper Darby

Twp. (P.
Darby), Pa.

Bond

Sale—The

provement bonds

O.

Upper

$300,000

im¬

offered Feb.

28

i

171,

—v.

„

p.

890—were awarded to

Blair, Rollins & Co., Inc.; Singer,,
Deane

&

Scribner, of Pittsburgh,

—

—

and Edward Lowber Stokes &

—

—

.

of

Philadelphia,

at

a

price

about
bidder

Co.,

&

100.55,
The

W.

and

basis

a

H.

Co.,

l%s,

as

second

Harriman

was

Inc.,

Son

of

1.27%.

jointly,

of

highest

Ripley

&

Newbold's

Co., jointly, for l%s, at

a

price of 100.53.

—

RHODE

—

—

Welshfield), Ohio
Offering—Arthur Kimpton, Clerk of the Board of Edu¬
cation, will receive sealed bids

clusive.

Bond

until

noon

(EST)

for the purchase of

ing bonds.

on

March

Dated March

Denomination

18

$82,200 build¬
1, 1950.

$1,000, except




one

of Portland.
S til well,

Okla.

Bond Sale—The
$106,000 water
works extension and improvement
bonds offered Feb. 23 were award¬
ed to
a

C. J.

Carson, of Stilwell, on
bid reflecting a net interest cost

of about 2.90%.

The second high¬

Marion

(P.

O.

R.

F.

D.

126

Aumsville),

(PST)

sealed
on

bids

March

for

Sale

—

The

$125,000 im¬

A.
re¬

7:30

p.m.

the

pur¬

Sale—The

$75,000 equal¬

offered March 2—v.
were

awarded

of

New

of

101.04,

York,

171,

p.

890—

Coffin

to

&

Burr,

l%s, at

as

price

a

basis of about 1.62%.

a

SOUTH

CAROLINA

Charleston County (P. O.

Charleston), S. C.
Bond Sale—The

tal

bonds offered

792—were

p.

Peeler &

awarded

J.

to

Lee

Co., of Durham, and the

Vance Securities

boro, jointly,
net

$100,000 hospi¬
Feb. 27—v. 171,

interest

Corp., of Greens¬
bid reflecting a

on a
cost

of

about

1.36%.

The second highest bidder was In¬
terstate

lotte,

Securities

for

1.40s,

Corp.,

at

Char¬

price

a

100.006.

Charleston

(P.

of

'/
County Sch. Dist. No. 4

O.

Charleston),

Bond Offering—A. F.

Chairman

of

the

S.

C.

Heinsohn,

Board

of

Trus¬

tees, will receive sealed bids until
a.m.

(EST)

purchase
pon

of

bonds.

on

March 16 for the

$500,000
Dated

school

April

1,

cou¬

1950.

171, p. 792—were awarded to Denomination
$1,000.
Due
on
Dauphin Deposit Trust Co., of
April 1 from 1951 to 1965 inclu¬
Harrisburg, as l%s, at a price of
sive. Principal and interest (A-O)
100.04, a basis of about 1.11%. The
second highest bidder was Camp payable
at such bank or trust
—v.

until

6

Bond

provement bonds offered March 2

Oregon
Warrant Offering—Virginia
Hammer, District Clerk, will
ceive

Bond

ization refunding act of 1946 bonds

II

Harrisburg, Pa.
County Sch. Dist. No.

ISLAND

Newport, R. I.

the

48

(992)

company

THE

as

be agreed upon

may

lay the Board of Trustees
purchasers to act

TEXAS

the

and

Amarillo,

paying agent

as

Bond

be

payable

Treasurer's
proved

office.

by

Auditor,
County until 11

the

at

Legality

Sinkler,

ap¬

Gibbs

for

&

Lancaster

March

15

1950

De¬

school

1951

to

inclusive.
pay¬

Gibbs

&

Simons,

bonds

(P.

&

awarded

$591,000

Co.,

of

to

Jackson,

Co.,

of

County

(P.

Offering

(EST)

a.m.

coupon bonds. Dated Feb.

1951

maturing in

shall be subject

1959,

1970

to

1960

or

the

on

order

County

any

to

1970,

to repurchase in

numerical

of

inclusive.

the

at

Feb.

on

1,

interest payment

date thereafter at par, accrued in¬
terest

date

to

of

fraction

thereof

intervening

between the date fixed for
repur¬

chase

and

the

the bonds.

(F-A)

stated maturity

payable

at

will

road

Dated

Principal

(A-O)

payable

Trustee's office. Legality approved

approved

by

Bonds

Rio,

March 1,

bar &

Co., of San Antonio,

1949.

Legality

as

Dated Dec.

approved

by

will

receive

Bonds

sealed

Sold—An

issue

650

school

23

1950

bonds has been

the

purchase

of

$100,000

house

to

1

from

1951

drainage

awarded

and

$32,000

Due

March 1 from

on

on

2V2s,

as

125,000

city

March

1980

1,

1

1951

to

Dated
March 1

on

inclusive..

1, 1950.

from

Due

1951

sewer

im¬

to

due

as

July

on

1980

Dated

April 1, 1950.

Due

April

1

to

from

1951

on

Principal
Chase

1

park

bonds has

of

Investment

Dallas,

of par.

Co.

of

Texas,

3s and 3V2s, at

as

&

price

a

Legal¬

Boothman, of Dallas.

Education, will receive sealed bids
until

2

(EST)

p.m.

on

March

28

for the purchase of $285,000
school
bonds.

Dated

May 1, 1950.

1951

Due

De-»

May 1

on

1984 inclusive. Prin¬

to

cipal and interest (M-N) payable
the

the Chase National
Bank,'New

State

Treasurer's office

or

York

City. Legality approved by
Caldwel, Marshall, Trimble & Mit¬

Sold—An

County (P. O.
Marys), W. Va.

St.

Bond Sale—The
$180,000 school

bonds offered March 1—v.
600
ten

&

price

Co.,

of

issue

of

1

of

Pittsburgh,

100.29,

basis

a

The

Marys,

second

for

2s,

a

about

the First National

was

p.

at

of

der

St.

$288,-

171,

awarded to A. E. Mas-

were

—

highest bid¬

at

Bank,

price

a

of

par.
.

to

drainage bonds has been sold
WISCONSIN

Underwood, Neuhaus & Co., of
2s and lV2s, at

as

100.003.

Dated

Jan.

a

000

District,

Texas

issue

School District

(P. O.

1950.

Springs Independent

Sold—An

Allouez

price

15,

Legality approved by Dumas, Hu¬

Bonds

Wash¬

at

1.98%.

Refugio County Drain. Dist. No.
(P. O. Refugio), Texas

School

Houston), Texas
L.

O.

Offering—A. Clinton, Loy,
Secretary of the County Board of

the

to

Dated Jan. 1, 1950.

Richland

H.

sold

ity approved by Dumas, Huguenin

(P. O.

—

been

guenin & Boothman, of Dallas.

National Bank, New York.

Offering

Hampshire County (P.
Romney), W. Va.

Pleasants

of

County

Legality

Boothman, of Dallas.

Bonds Sold—An issue of $30,000

Houston,
$1,000.

office.

chell, of New York City.

1980

inclusive.
Denomination

(M-S) payable at the

Texas

bonds.

revenue

inclusive.

15, 1950. Principal

Treasurer's

1951

inclusive, and $330,-

Muleshoe,

000

Bond

bridge

July 1 from

2y2s,

as

Bonds

Wil¬

to

on

inclusive.

Harris

1962

No.

1

West Allouez

116

*

Avenue, Green Bay), Wis.
Bond Offering — Doris
Frink,
District Clerk, will receive sealed
bids until 8 p.m. (CST) on March
31 for the purchase of

$295,000

of $100,-

school house construction and

school bonds. Dated April
15, 1950.

Denomination $1,000. Due
15

from

1951

on

April

1970 inclusive.
burn, County Auditor, will receive
equipment bonds has been sold to Principal and interest
(A-O) pay¬
Denomination
Worth, as 3V4S and 3y2s. Dated sealed bids until noon (CST) on the Louis B.
$1,000.
Due
on
able at the
Henry Investments,
Kellogg-Citizens Na¬
March 8 for the purchase of
March 1 from 1953 to 1963 inclu¬ Jan. 10, 1950.
tional Bank, Green Bay.
Legality approved
$13,- of Dallas, as 2y2s, 3s and 3y2s.

school bonds. Dated March
1, 1950.

liam N.

sive.

by McCall, Parkhurst & Crowe, of

500.000

Dallas.

vided

Principal and interest (M-S)

payable

Bank,

the

at

Union

Fayetteville.

National

Legality

ap¬

Bonds

000

County (P. O.

Bond Sale—The $160,000
hospi¬
tal bonds offered Feb. 27—v.
171,

703—were

Wooten

&

Co.,

Associates,
net

on

interest

The

awarded

R.

a

bid
of

bid

reflecting

a net

to

price of

as

Huguenin

&

of

v.

—

to

a

&

Drexel

Equitable

171, p. 600

—

were

syndicate composed
Co., of Philadelphia,

Securities

Corp.

Texas, of San Antonio, at

1v

January 31, 1950. a cash
share on the outstandin?
common
stock
of
this
corporation
has
been
declared payable April 12. 1950, to stockholders
of record at the close of business
April 1, 1950.
New

York,

N.

Y.,

OTTINGKR.

March

1,

1950.




to

Secretary.

Parkhurst

jail

of

of
as

100.03,

a

a

price

basis of about 2.12%,

follows:

$100,000

as

after

Due

on

1,500.000

10

or

years,

as

April

1

as

2V4S.

Due

on

April 1

from 1956 to 1965 inclusive.

Bond

$80,000

bonds has been sold to the Central

hospital bonds. Due

$55,000

water

system

works

son,

as

Refining Co., of Hender¬
2V2S. at

a

price of

previously noted in

v.

are

171,

par,
p.

as

792—

dated March 1, 1950, and ma¬

ture

March

1

from

1951

to

Hill

25,000

sewer

1985

Dec.

15,

1949.

construction

and

McNeil, Mantha, Inc., Montreal, jointly, as 3s.
a price of
97.67, a basis of about

at

3.31%.

Dated Nov. 1 from 1950 to

inclusive.

•

Contrecoeur, Que.

No. 29

<

Sch.

Dist.

(P. O. Abilene), Texas

Bonds Sold—An issue of $23,000
school house bonds has been
to R. A. Underwood &

las,

4s and 5s.

as

1950.

sold

Jan.

15,

Parkhurst

&

Crowe,

of

Texas

improve¬

receive

sealed

Land

bids

Giles,
Board,

until

10

$50,000

offered

im¬

Feb.

21

Morgan, Kemf &
Robertson, of Toronto, at a price
of 98.27, a basis of about
3.39%,
follows:

as

$6,000

3s. Due

as

1951
44.000

Dated

1960

to

as

from

March 1 from

on

inclusive.

3V4S. Due
1961

on

to 1965

March

March

1

inclusive.

1, 1950.

Thetford Mines Sch. Com., Que.
Bond

ed

(State of)

Offering—Bascom

Chairman Veteran's
will

The

—

bonds

awarded to

Sale—The

$37,000

bonds offered Jan. 23
Texas

Bond

Sale

provement

Co., of Dal¬

Dated

Legality approved by Mc¬

Call,

Bond

Legality

were

Taylor County Com.

County Road District No. 24

Bonds Sold—An issue of $60,000
road

were

the Societe de Place¬

to

ments, Inc., and the

system bonds.

Dallas.

(P. O. Hillsboro),

awarded

1969

approved by Dumas, Huguenin &

school bonds purchased by Beacon
and

sewer

or

Bond Sale Details—The $550,000

Oil

and

bonds.

revenue

Sale—The $396,000 water

works bonds offered Feb. 9

on

Henderson Indep. Sch. Dist., Texas

from 1951 to 1955 inclusive.

300,000

QUEBEC

Asbestos, Que.

on

five

to

CANADA

&

Stockdale, Texas
Bonds Sold—An issue of

inclusive.
3s.

ap¬

Crowe, of Dallas.

1980

and

house

court

,

1, ■jEa

Legality

McCall,

Boothman, of Dallas.

Bond Sale—The $1,000,000 coun¬

per

SIMON

1951

on

bid.

Galveston), Texas

ty mainland hospital bonds offered

Corporation
25c

from

Due

10 years, as bid.

For the quarter ended
of

bonds.

clusive. Optional after five

on

f

1, 1950.

by

Dated

awarded

dividend

al

Galveston County (P. O.

Feb. 24

Plywood

Jan.

proved

April 10 from 1951 to 1980 in¬

interest cost

DIVIDEND NOTICE

Dated

April 10 from Investment Co. of
Texas, of Dallas,
1951 to 1980 inclusive.
Option¬ as 4s, at a
price of par, as follows:

Du¬
of

10

bonds. Due

3s and 3V4S

Boothman,

bonds, di¬

inclusive.

Dated Feb. 15,

by

road

6,000,000

Van H. Howard

par.

1950

a

of about 2.40%.

United States

the

has

of

follows:

April

bonds

Legality approved

was

First National Bank.
Memphis,
a

1

Dallas.

2.38%.

bidder

a

1950.

and

reflecting
about

highest

B.

sold

Co., of San Antonio,
at

mas.

of Memphis,

cost

second

to

construction

Series

as

$6,000,000

Sold—An issue of $200,-

road

been

Savannah), Tenn.

Co., of Forth

County Road Dist. No.
(P. O. Pearsall), Texas

Chicago.
Hardin

&

Frio

proved by Chapman & Cutler, of

p..

Edwards

•

March 15

on

1975

nomination $1,000.

and

on

1961

000

1950.

bonds.

to 1980

Dated March

670,000

from

inclusive.

at

to

Central

hall

March 1, 1950. Due

March

1

provement bonds: $130,000

2s, due

on

1980 inclusive.

I

July

on

March 15

on

Bond

library

2s, due

as

as

WEST VIRGINIA

follows:

as

hall

to

net

a

2.48%,

approved by Dumas, Huguenin &

basis

a

1964

a

State

Due

to 1963

2y2s. Due

as

and interest

to

about

2y4s.

Dated March

from

improvement

Dated

Series

sold to

$570,000

from 1962 to 1969 inclusive.

bonds.

of $165,-

bonds,

city

460,000 street

bonds.
Due

110,000

Mc¬

Indep. Sch.. Dist., Texas

bids until 2 p.m. (CST) on March
for

March

on

and interest payable at the

Floudada

The

bonds^ offered

were

2.42%,

bonds:

inclusive.

15,

las.

Clerk,

1950. Due

were

National

reflecting

of

1951

from

price of 100.27,

a

about

Dated

March

4s,

Fayetteville, Tenn.

City

bonds.

Dated March 1, 1950.

1949

Series

289,000
—

bid

a

cost

as

Mosle &

$110,000

75,000 park improvement

sys¬

bonds,

date

same

1 from 1958 to 1980 inclusive.

Sold—An issue of $500,-

revenue

on

on

from

basis

a

1969 inclusive.

from 1951

tem

price of 100.42,

a

of about 2.72%.

of

180,000 street improvem't bonds.

000 water works and sewage

Moss, Moore & Co., of Dallas,

2%s, at

due

Park¬

Texas

$61,000

as

the

library

City

follows:

$30,000

hurst & Crowe, of Dallas.
Del

Fox, Reusch & Co., of Cincinnati,

of tonio, at

;

the

Eddleman-Pollok Co., of
Houston,
interest

Investment Co. of Texas, of Dallas,

Crowe,

to

Co., of Kansas City,
Co., of San Antonio, and the

Roe &

Sattley & Co., of Detroit;

clusive, and $78,000

Republic

McCall,

&

of

Bank & Trust

H.

Ratcliff, of McClung & Knickerbocker, Rotan,

;

bonds offered Feb. 27

jointly,

purchase
of
$1,190,000
bonds, divided as follows:

National Bank of Dallas, or, at the

ity

& Son, of Dallas,

house

Illinois Company, of Chicago,

for

April

option of the holder, at the Chase

Dallas Rupe

July 1 from 1951 to 1961 in¬

by Chapman & Cutler, of Chicago. Call, Parkhurst & Crowe, of Dal¬

Bond Offering—Louise Sullivan

Parkhurst

Crowe,

Indep. Sch. Dist., Texas

the

Bond Offering—Frank R.
Lucas,

on

National Bank, New York. Legal¬

890—were

p,

City Secretary, will receive sealed
bids until 2 p.m. (CST) on March 7

interest

and

the

at

171,

syndicate composed of the Central

Dated Jan. 1,

&

Sale—The $350,000 school

awarded

syndicate composed

a

has

bonds

Keller &

Dallas.

April 10 from 1951 to 1970 in¬

clusive.

1950

Legality approved by

Parkhurst

Dallas.

Moreland, both of Hous¬
Legality approved by Mc¬ ton, and Russ & Co., of San An¬

1950.

receive

(CST)

a.m.

bonds.

County 2y2s, 3s and 3y4S.

the

Lynn,

of bonds has been sold to R. K. Dun¬

Principal and interest

been sold to

10, 1950. Denomination $1,000. Due

to each year

as

Moore

—

1—v.

sani¬

bonds offered

and

Harlingen, Texas

from date.

years

series

for the

veteran's

Bond

$700,000

general obligation

improvement

Fort Worth, as 4V/2S.

Call,
1

Sale—The

sewer revenue

March

of

21

$10,000,000

bonds.

and

Na¬

Legality

Sold—An issue of $6,000

works

extension

13 for the purchase of $6,-

repurchase, and

additional interest
or

Dec.

Goliad.

Bond

tary

Additional Sale

Bonds

1

inclusive.
on

Auditor,

000,000

Feb.

on

1970

Due

Offering

County

on

Denomination $1,000. Due
from

1, 1950.

to

sealed bids until 10

on

issue of $750,000 school

Dec.

of

land

March

on

of

Legality approved McCall,

W.

Treasurer's

at the First

or

Bank,

water

price of par,

on

State

Dated

purchase

1950

Uvalde

awarded to

on

inclu¬

Goree, Texas

Co., both of

Due

the

2y>s.

and

(CST)

a.m.

of Fort

Laredo, Texas

Austin.

and

a

for

school

1965

214s

as

15, 1950.

Co.,

Dallas.

un¬

approved by Gibson & Gibson, of

First

&

6

Due

to

Worth,

&

by McCall, Parkhurst & Crowe, of

Principal and interest (M-S)

tional

171, p.

Texas,

1951

Edwards

School

$200,000

$1,000.

from

1

N.

Jan.

Dated March 1, 1950.

ofice, Austin,

County Road District No. 1
(P. O. Dallas), Texas

March

public auction at 10

sive.

of

2V4S.

as

Bond

Frank Percy,

—

of

,

2y2s.

1950

optional 10

O.

Elizabethton), Tenn.

County Court Clerk, will sell at

21—v.

the

March

on

of

Denomination

Bonds maturing in 1959 to 1973

and

Knoxville,

Dallas

Carter

purchase

from 1971 to 1973 inclusive.

H.

jointly.

an

Co.,

as

159,000

are

&

Feb.

Pierce

from

171,

C.

Crowe,

of

(CST)

p.m.

March

basis of about 2.42%, as follows:

O.

tal bonds offered Feb. 28—v.

Davidson

offered

Dallas, jointly, at

Bond Sale—The $100,000 hospi¬

887—were

&

Neuhaus & Co., of Houston,

Cleveland), Tenn.

inverse

New

Sale—The $750,000 school

of Southwest

a

County

8

payable at

Rauscher,

Bradley

President

890—were awarded to Underwood,

TENNESSEE

option

payable

City Bank,

Parkhurst

Bond

Charleston.

1

(A-O)

1

Texas

Board, will receive sealed bids
til

April 1

on

Indep. Sch. Dist.
(P. O. Freeport), Texas

Chase National Bank,

Sinkler,

April 3

De¬

Brazosport

March

on

1966

.New York City. Legality approved

Bond

erick,

Legality approved by Mc-

of

$240,000

able at the

Little

1950.

April

on

Monday, March 6,

ment bonds has been sold to Wil¬

liam

Bond Offering—Walter F. Fred¬

1950

Dallas.

Principal and interest (M-S)

Bonds

National

call,

from

#-

April 1,

1

inclusive.

Indep. Sch. Dist.,

house bonds.

the

York.

noon

for the

nomination $1,000. Due

by

Goliad

$1,250,000

Series

April

on

1976

CHRONICLE

from 1977 to 1980 inclusive.

bids

the

pur¬

of

bonds.

1

Dated

Dated March 1, 1950.

chase

of

Due
to

2Vis. Due

as

cipal and interest

The Chairman

will receive sealed bids until
on

purchase

1966

160,000

March 15

on

FINANCIAL

2s.

from 1951 to 1965 inclusive. Prin¬

o( the County Board of Directors at

(EST)

(CST)

a.m.

sealed

nomination $1,000. Due

Lancaster), S. C.
—

receive

&

as

from

Texas

improvement,

bonds.

County (P. O.

Bond Offering

will

the

street

Simons, of Charleston.

440,000

Offering—J. C. Lilly, City

and, at the option of the holders,
will

COMMERCIAL

to

Gairdner

&

were

Co.

school
award¬

of

To¬

ronto, as 3^4s, at a price of 97.77,
a
basis of about 3.52%. Due on
Dec.

sive.

1

from

1950

to

1969

inclu¬

.