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IT *OF MICHIGAN W51 MAY 2i MONDAY ''■'.I ' ISSUE mHtssmmmm A - Volume 173 Number 5013 New York, N. RAILROAD i PUBLIC UTILITY - Y.y Monday, May 21, 1951 INDUSTRIAL - - i Abbott Price 90 Cents a Coi INSURANCE Laboratories—Earnings— 3 Months Ended March 31— income after taxes.— ♦Adjusted.—rV. 172, ______ : ___. MISCELLANEOUS - American $2,929,671 3,739,814 $0.78 ♦1950 Car & Foundry Co.—Changes in . Charles J. Board and In This Issue John a Hardy,. Sr. member of has resigned as director, a Personnel Chairman, of thg the executive commitee. E. Rovensky has been, elected Chairman of the Board apri Hardy, Jr. as Chairman of the Executive Committee, com¬ that office with his present position as President.—V. 173, Charles J. ; 2477. p. , _„ Capital shares outstanding -Earnings per share..:— 1951 $3,812,799 3,739,814 $1.02 , Net . _ Admiral Corp.—Over 40,000 Sets Television set sales have turned the -headed in a more successful and bining Stock and Bond Quotations Month— a 757. P. . . • distress orderly corner direction, pre-Korean and with Page are again prices at New York Stock Exchange (Stocks) Stock Exchange (Bonds) war levels and manufacturing and sales of sets being stabilized, according to Ross D. Siragusa, President and Board Chaiir- ' >man. v ; ' l "Although some manufacturers have at least temporarily, Admiral Corp.T is closed their New York production lines, now producing at a rate iti a month; which is comparable in unit production second quarter performance. "Admiral has no bank loans or. other borrowing of any kind. None Is contemplated,"—V: 173, p. 1369. r' " V ' * "-'1 to last year's ;/■ T Cincinnati Stock Exchange Detroit Stock Exchange. . « , , r' * * 4 • " . *' • Los Angeles Stock ■ ' Aeolian jl Air Reduction Co., Inc. (& • 172, p. 1029. of sales, operating and other Provision lor ,1951 1950 $28,206,697 $22,052,285 22,497,601' 18,425,944 1,063,598 1,089,626 expenses-—_ depreciation. Net operating income—'——.——— (less income charges)—— ; $4,645,498 299,309 $3,005,259 198,564 Interest expense a__L—.j—____ 1 Provision for Federal <fc foreign taxes on income * 205,440 2,866,105 I < . on charge and credti disposal of investments (net)__ — 1,085,635 income Number of Earnings * common shares share: per * charge charge —V. and credit $0.69 $0.64 i from Net from Net ry. 1950 $1,367,697 298,876 345,518 82,436 134,211 175,620 4,632,438 4,006,405 4,019,262 867,937 railway— income— 1951 $1,600,155 224,466 railway 949,004 438,841 872,210 oper. 1949 1948 $1,402,094 . from Net railway from railway Net ry. —V. Income— oper. 173, p. 359,960 162,770 1,051,643 554,346 experienced company all in finish probability the $290 some million Inc.—Earnings— 1950 $375,000 $248,000 169,000 93,000 __ C. earnings Earnings indicate He total $0.59 surtax and 1950 $455,836 $224,774 269,461 88,740 excess - $136,034 250,416 250,416 $0.74 $0.54 share— 1825. 1951 Sales before dividends on preferred shares and provisions for minority interest Divs. on pfd. shs. of sub. cos Net . sub. preferred common increased , stock from stock shares from will 7,733,223 6,281,810 180,749 185,549 15,355 23,381 $6,072,880 $2.02 $1.63 operating revenue flight expenses 1951 * 12,782,788 — (net) Provision for Federal income taxes Federal tax refund Earnings per-share after preferred dividend—..-" . - - 11,690,038 63,772 ___ ,__ Cr520,000 . income . 10,575,288 13,737,516 139,317 4,350,000 _ expenses ; Interest and miscellaneous * 15 payment pointed for to 750,000 to shares 3,000,000 and shares. the Part the acquisition of the asset® controlling. Interest was recently Board, died on Chicago, IH.—Files With SEC on May 8 filed a letter of notification with the SEO 7,652 shares of common stock (par $2), to be offered hfc exchange tor 15,304 shares of common stock (par $1) of MetalA company on told The of a stockholders of on stockholders dividend that this* year present will be June 15 on for the merger a l-for-2 basis.—V. 172, p. 2377. this company and of The Aeolian Co. will vote proposed plan of merger and recapitalization providing of these companies with Aeolian American Corp., theip a wholly-owned subsidiary.—V. 170, p. 1694. ; h American Seating Co. be pos¬ however, including $2,914,610 " sales, less returns Cost of good3 sold pointed out ' also that $0.40 3,130,38* the replacement cost of operating equip¬ $63,000,000 greater than the original 1,015,524 844,052 $258,143 $741,465 72,603 $290,205 314,000 100,000 $354,862 $161,740 152,259 127,054 $1.17 : charges Federal Income Net earnings have ———— $0.53 taxes Income Cash dividends ♦Earned per ♦Based on continued be to favorable.. ~ 32,062 share shares outstanding March 31, 1951.—V. 28,465 172, p. 473. American Snuff Co.—Earnings— of proposal for employee stock, however, was approved. Res¬ shares for issue generally among employes 3 Months Ended March 31— ♦Surplus after Common shares Earnings per another 500,000 authorized. These would be "restricted stock options" within meaning of the Revenue Act of 1950 so as to enable the take advantage of the tax benefits accorded by the act. of 107,000 authorized personnel.—V. $1,331,285 :Nil Profit 173, p. shares for previously allocation holders the to ♦After P. preferred 1951 dividends share $377,523 434,100 outstanding common 1950 $354,473 434,10® $0.82 $0.87 —— charges, taxes and preferred dividend requirements.—V. 172, 745. / approved among by the stockholders executive and supervisory 1473. St. Louis Listed and Unlisted Securities from oper. before 1951 deprec— Miscellaneous income Miscellaneous deductions Pfd. dlv.—foreign subsidiary for Federal and $640,173 92,475 27,148 62,614 1950 3,676 Depreciation Provision 249,990 1949 $599,084 84,490 34,600 110,574 3,676 197,714 $1,260,397 - 76,790 32,421 108,583 19,326 Edward D. Jones & Co. Established 300 North 1871 - 4th St., St. Louis 2, Missouri J7et profit, Earplugs pejr commfth P. i$25. Members $258,566 $237,230 467,730 ' $620,389;., , ' share———,. m§ $0.85" r' Phone New York Stock Exchange CEntral 7600 Midwest Stock Exchange foreign income taxes (estimated) 12, • high and also 1950 $4,232,570 $686,436 55,029 — Total Other is total . expense Other income Another was allowances Operating profit than earnings and depreciation capital additions are also antici¬ means that the company must provide $63,000,000 more presently derived from the depreciation reserve to provide for the full replacement of the existing fleet," he said. Commenting on earnings, Mr. Smith said that the volume of busi¬ ness for April and for the first half of May has continued at a was 1951 $7,972,350 6,270,390 and greater "Substantial ment now in service is at present value. level Subs.)—Earnings— „ Gross that capital expenditures for 1951 will $29,000,000 for 17 new Douglas DC-6B expenditures will be the than (& Three Months Ended March 31— Selling and administrative out, $32,000,000, Quarter Ended March 31— 1950 $33,924,2131 $20,477,813 Ground •boss," l 231,742 2,000,000 used American Bank Note Co. (& Subs.)—Earnings— Subs.)—Earnings— 3 Months Ended March 31— Direct the May book A $7,537,119 .. per share American Airlines, Inc. (& Net 1950 172, p. 1885. Total be American-Marietta Co., The 55 1952." ervation of co income to earned surplus Earnings —V. of covering shares of authorized but unissued employes stock was the stockholders on the ground that the Revenue Act of 1950 removed advantages which would have originally accrued to the holders under the option plan. $61,804,830 $46,413,710 — Profit a stock common Donjestic Finance Corp., which by American Investment Co. 500,000 approved by Subs.)—Earnings— Three Months Ended March 31— Minority int. in profit of experif. ' "This __ (& that on aircraft. He 1951 taxes, etc capital shares Aluminium Ltd. its of of Illinois. M. Morris, founder and Chairman of the May 3 in South Bend, Ind.—V. 173, p. 101. 55 may in Elimination • quarter companies^ of declaring that the policy of the company must be to retain substantial portion of its annual earnings to cover increased capital and increased depreciation, Mr. Smith said, "We would like, as soon as amount and stability of earnings will permit, to have our common stock on a quarterly dividend basis. That 261,290 $186,375 per President, year," he said. pated for 1952." profit —V. 172, p. of .first additional equity financing as well before three-year expansion program in which wo the expenditures $155,000 $0.66 . of Smith, "Those Three Months Ended March 31— income before Federal income Net : v warranted. 311,290 1 Net Number R. $206,000 _________ -_ tax, ; : /American Piano Corp.—Proposed Consolidation— sible Allied Products Corp.—Earnings— normal dilution a acquired Ernest Earnings Said to Warrant Dividend- for taxes, profits tax . American Investment Coi of Illinois—Stock Increased stockholders on May 14 approved a proposal to increase the authorized a 1951 before income taxes—; for Fed. income taxes. Federal : . While Allied Laboratories, Quarter Ended March 31— Net profit Capital shares outstanding Earnings per share —V. 173, p. 1169. profit#' originally; report* * ' ; " \ 173, p, 1985. Disintegrating Co., Inc., This company has called for redemption on June 15, 1951, through operation of. the improvement fund, $979,000 of first mortgage bonds, series due 1972, at 104 Va % and accrued interest. Immediate payment will be made at the Chemical Batik & Trust Co., trustee, 165 Broadway, New York 15, N. Y.—V. 173, p, 657. Prov. 1' f 3'/2 % Profit amount; , ■' of Alabama Power Co.—Partial Redemption— - the • 1,298,47§ $PJB* and, excess total of $190 a ♦ • \ income The • __45 Redeemed through April 30, 1951 1473. under , 1950 shajes in April, 1951 for authorized —45 Federal Reserve March Business Index United States Savings Bonds Issued and 4,392,423 425,713 44 Condition Statement of Member Banks of Federal Reserve System From Jan. 1— Gross we Reserve Banks $1,457,303 314,340 and reach have embarked."—V. Foreign Exchange Bates _____45 Combined Condition Statement of Federal Alabama Great Southern RR.—Earnings— March— Gross final the purpose of raising funds to help the expansion programs-of subsidiary companies. < Mr. Sporn addedf "Money rates have:tightened and with it the in? terest rate on high grade bonds has likewise gone up. We have ahea<$ of us not only major bond Issues in all of our three largest Redemption Calls and Sinking Fund Notices.45 Dividends Declared and Payable..-12 173, p. 961. the finance 33 The Course of Bank Clearings— $0.64 $0.87 — and profit the 339,674 General Corporation & Investment News.Cover State And City Bond Offerings. __51 $2,374,841 * $1,755,ll8 2,736,856 2,736,856 outstanding——— •• Before extraordinary After extraordinary effect to revenues for 1951,. on the basis and forecast for the-balance of the year, that but ? ^ give • . 43 Miscellaneous Features Dr590,932 h $1,092,£ $0.84 should exceed last year's million, or about $23 milium than last year's,- Philip^ Sporn. -Pres.dent, stated at the annual stockholders' meeting on May 15. On a $190 million gross it is expected that earnings for 1951 will reach the $4.86 per share figure reported in 1950, despite the fact i— Reval. of certain plant prop, to appraised value $1,093,499 more $1,755,118 " to figure by 14 % 42 SEC Index of Stock Prices.— "*-T~ $1,880,138 . J_L—\ — Operating ence ..40 Curb Exchange. 34 Dow, Jones Stock and Bond Averages 33 National Quotation Industrial Stock Averages.33 1,044,701 1 Net income before extraord. Net 38 Transactions New York Stock Exchange...—34 468,544 $4,944,807 — —!—___________ lJ. — outstanding..——1,298,473 share—— *1950 $1,918, 825, 954,896 American Gas & Electric Co.—Earnings Estimated fpf 1951—More Financing Ahead—: < * : 'v v 1 ;■ Transactions New York Total Profit 37 _37 Toronto Stock Exchange—Curb Section. Over-the-Counter Markets per " $2,048,395 — taxes tax rate, decreasing profits by $89,201.—V. 172, p. 569. _36 Exchange.____ income shares ♦Revised _39 Stock for Earnings —35 1 1951 income taxes Income Capital _37 Toronto $2,536,715 Net i_34 ————34 Montreal Stock Exchange. Montreal Curb Market Subs.)— 7 Other income - ______i___34 San Francisco Stock Exchange— Wholly-Owned 3 Months Ended MarCli '31—'T "Net" sales Cost Provision Philadelphia-Baltimore Stock Exchanges. ; Pittsburgh Stock Exchange— Co»-7-Proposed Merger—• See American Piano Corp below.—V. Profit before ___ Exchange— Co.—Earnings— Quarter Ended March 31— 26 Midwest Stock Exchange , . C Curb Exchange.—. Boston Stock Exchange— of 40,000 sets excess 13 New York •. American Chicle Bell Teletype 8L 593 Chicago Board of Trade New York Curb Exchange (Associate) ....... . ; ' r : ' : v : _ ,y The Commercial and Financial Chronicle (2086) 2 11994548076 Monday, May 21, 1951 t May on company Uncollectible , 695,660 21,467,982 723,374 765,824 629,498 085,583 _ _*J~ 23,350,963 25,261,183 28,615,956 * - - _ »—V. holders -<.20,606.999 173, Net Net income. charges____„ 1,870,011 —V. 173, 1370. p. ' 2,073,676 ' - . Fiscal Year Ended Jan. 31— " Net 1950 Capital -Earnings— Subs.) American Tobacco Co."(& 1951 3 Months Ended March 31— 1 Sales Income Met after tEarnings per outstanding share common ___ — __ •Includes 173, by tAfter preferred dividend requirements. the company. income Net Capital —V. share per 173, 1926. p. - 1,634,748 $4.10 1,634,748 $5.29 , 1,685,501 1,622,855 1,500,000 $1.08 1,103,442 1,844,299 1,500,000 $1.23 income Armour ' . net proceeds are Used tcr be ing 1951 ir to The » other Philadelphia and a chain ready-to-wear stores in fot 1960 exceeded $20,- 1790. p. K' \ .1 . before income Profit taxes— $8,537,029 —- ——- / ' $4,417,726 ,542,318. 236,000 . income taxes Federal 1950 1951 -■ 327,523 111,000 1,500,000 $3.35 income Net Earnings than at statement comnfon per 173, 1886. p. $216,523 $306,318 —- »'■ share. $0.32 $0.45 • $105 The >. 2% $0.78 v . " 1 and maturing July 1, 1951 to 2.8% preferred stock will the-approximately new $416,522 525,514 - March 31, 1951, amounted to $5,531,1950. In the above figures no provision has been made for a possible "renegotiation refund. To what extent net profits will be influenced by renegotiation oannot be determined at this time, but should- be considered In projecting estimated profits into the future. Exess profits credit is estimated at $1,956,000.—V. 173, p. 1474. / v assets '.senior $0.80 — to $5,180,880 at the close of 277, compared to 1966. The 100,000 shares be the only other security outstanding 930,000 shares of common stock to be Outstanding upon consummation of the plan.. ;'a " • " V^V *. T?:•"/ >• Of the 100,000 shares of new prefeired stock, approximately 40,000 shares are Issuable 1 to holders of the 6 % preferred stock of the of .:of —* share________i_ NOTES—Net working capital at at $102'per share, cqrpora.tionls balance sheet at March 31, ,1951 shows net ciirof $27,038,000, and the excess of total assets over current $49,347,000, In each case before giving effect to the additional funds from the proposed financing. The only funded debt consists of a term loan In the amount of $5,000,000 bearing interest * outstanding common preferred dividend requirements/ 'After $424,191 525,514 ' J per 1950 $671,810 255,288 . .- ' liabilities'was ♦ ___^ ——4 taxes_____— shares 'Earnings The ;■ frent income Net Common 1951 $1,116,291 692,100 , . taxes income income Federal new ing fund-at a-doclining scale df prices commencing t before .Profit share. per 31— Three Months Ended March The $110). Inc.—Earnings- Bliss & Laughlin, was 100,000 of (par preferred stock Will be entitled to the benefit of a sinking fund providing tor the annual retirement, commencing in 1953, (through purchase or redemption, of 3% of the number of shares ls.sued. The shares will be redeemable through operation of the sink¬ (Sidney) Blumenthai & Co. Inc. (& Subs.)—Earnings to /present/Massachusetts- corporation of similar name'under the plan iof consolidation with its wholly--owned Delaware subsidiary, as announced plant new a of ment. i financing of company Quarter Ended March 31— r issue r.ew a stock ;, to help misses' the (E. W.) Bliss Co.—Earnings- . 1,500,000 $3.08 of sales Consolidated 173, and women's Wilbur-Rogers OOO.OOO.—V. filed on May 16 with the SEC cover¬ shares of cumulative prefeired stock, dividend rate of the new preferred, be supplied by later amendment to the reglstrat'on state¬ shares will be redeemable by the company for purposes the sinking fund at a declining scale of prices commenc¬ registration ing ;series oversubscribed Pacific Mutual Life Insurance Co. The 474. 1 p. Cities. Bigelow-Sanford Carpet Co., Inc.—Registers With SEC May on 173, A 16 that the company has ar¬ ranged for the sale to four life insurance companies of $12,000,000 of 3%" first mortgage sinking fund bonds, due July 1, 1971, at 98Vs% and accrued interest. The company has already drawn $5,700,000 of this loan and expects to draw the remaining $6,300,000 early in 1952. The insurance firms participating in the loan arer Metro¬ politan Life Insurance..Co., Mutual Benefit Life Insur¬ ance Co., Mutual Life Insurance Co. of- New York and announced was $2.38 Pa.—Notes Placed Privately— o;>€rates a specialty store in company 37 35 —V. (111.)—Arranges Private Financing—It Co. & share per The of 1951—9 Mos.—1950 $9,001,644 $8,110,841 4,387,735 .3,092,649 4,613,909 5,018,192 1951—3 Mos.—1950 taxes.. —V. offering of 20,000 shares of common stock (par $10) was made on May 17 by Smith, Barney & Co. and W. E. Hut,ton & Co. at $42.62 Vfe per share, with a dealer's concession of 65 cents per share. The offering was and the books closed.—V. 173, p. 1985. 389,263 $2.90 announced on May, 16, has placed privately, through Eastman, Dillon & Co., $1,500;000 of 2l/z% promissory notes, due May 1, 1966: J . . 389,263 ______—____ 173, p. 562. Blauners, Philadelphia, (& Subs.)—Earnings— income Earnings Offering—A secondary Steel Corp.—Secondary Armco 782,781 $927,469 The company, it was 1949 \ $267,501 *$1,030,504 $2,947,741 Net 1949 $8,651,804 1,634,748 $5.39 outstandings..-—. shares Earnings taxes after 1,640,237 tax———»— 5,918,115:'- •" $3,308,356 Federal 1950 $6,709,754 1951 $8,813,439 —V. 504,000 *• 504,000 $2.32 , , $0.53 ,$2.04 sale of fixed assets.—V. 167, Capital shares outstdg.. Co.—Earnings— Archer-Daniels-Midland '■ ""J' $7,375,192 504,000 • taxes. before Inc. Profit 9 Months Ended March 31— the on * - Period End. Mar. 31— 1473. ' p. v * Best Foods, Inc. ' ♦Adjusted —V. — profit $189,020 ' 2606. p. 5,378,425 $1.24 5,378,425 $1.29 _—.—r.—___ 1,710,270 $1,127,870 income foreign income 1Capital>" shares; outstanding Earnings per share— *—;— Net * $1,168,209 taxes outstanding—* shares Earnings per sharts____. 209,446,000 196,499,000 7,751,000 *7,481,000 —_ - taxes shares Common - $ $ after income , Subs.)—Earnings— 1951 1950 •' Benrus Watch Co., Inc. (& < —1—r- 1 $7,169,416 5,616,817 $2,576,671 $2,400,901 operating after ' i.m ■ 23.350,963 25,261,183 28,615,956 1985. p. 12,819,513 2,338,860 Operating expenses Operating taxes Held by Public 20,606,999 21,487,982 Stock- Shares Outstanding , . " ; 1050 $15,012,768 $10,541,628 •.2,768,107 hieome State' Jk Federal, $51,935,284 $46,605,583te11,703,894 37,752,431 34,112,627 1,850,763 7,013,437 5,317,754 • ■J 1951 '' ;______J_r_——1 Profit: -before Operating revenues —' $17,550,274 $16,136,328 Shares Dec. 31— rev.. oper. 6 Months Ended March 31— Sales $17,584,961 $16,164,062 $52,016,445 $46,889,271' <• 25,707 27,734 81,161 . 83308-v. Operating revenues., hit the 15 Black & Decker Manufacturing Co.-—Earnings— , 1951—3 Mos—1930 1951—Month—1950 period End. Mar. 31— million mark in the number of stockholders—the first-business in history to achieve such broad ownership. The record for the last five years follows: The of Pennsylvania—Earnings- Bell Telephone Co. Hits Million American Telephone & Telegraph Co. Mark in Number of Stockholders— ' ... . r-ftef . , ; from $151,284 $544,502 $49,616 $1.52 mi4 depreciation for Provision $1,082,638 71,450 (est.)_——i.———* 466,686 operations for Provision 1950 1951 3 Months Ended March 31— Profit taxes plant and equip._ on 73,493 ^ 28,175 • Kankakee, 111.—V. near 1129. 172, p. - . fin letter # Inc.—Earnings— Quarter Ended April 1— income Net Capital after charges shares Earnings taxes and 890,625 $0.92 outstanding share per ; ..... man 1949 $502,067 593,750 *$0.56 1950 ' $718,496 593,750 .. *$0.81 new of balance , 60,000 proposed to is 'Moseley Co. & —V. 173, reflect to 50% the 197. p. " paid dividend stock Boeing Airplane Co.—Earnings— ' " Ashley, Drew & Northern Ry. Co.—Distribution— The has company applied to the to authority for IGC _ Sales Profit before Net taxes income Federal income name, end holders of the existing common stock will receive 1V2 .sharas (qf new common stock of such Delaware corporation. It is also pro¬ posed that an offering be made to the public of approximately 60,000 shares of the same series of the preferred stock of the new corpora¬ its increase capital stock from 12,000 to 24,000 shares, the new stock to be distributed to stockholders on a ahare-for-shave basis.—V. 145, p. 3490. common 1951 ' 1950 1949 *$73,122,148 $60,282,005 $55,195,130 2,213,165 2,241,527 937,017 1,1C0,000 . 860,000 360,000 Three Months Ended March 31— The stockholders will vote June 19 on approving a plan to broaden } the company's capital structure and liberalize its corporate powers. The plan provides that the holders of the existing preferred stock 'of .the present corporation will receive for each share held IV!* shares of new preferred stock in- a new Delaware corporation cf the same 1950. July, in —— share. - , ♦Adjusted income Earnings per common V. 172, p. 842. -a Stockholders to Vote on Financing Plan— V; Net be nationwide- underwriting group headed by HarriRipley & Co.,. Incorporated; Kidder, Peabody & Co., and F. S. ^publicly- offered by 1951 $823,866 of series same May 15.- The preferred stock dated stockholders to the of shares Arvin Industries, taxes____.—__. income 1,113,165 —- outstanding... shares Capital Earnings per share—/..:.— » 1,381,527 577,017 1,082,454 $1.03 1,082,454 1,082,454 <$1.28 $0.53 " 'includes' other income.—V. 173, p. 1790. , tion. Associates Investment Co.—New Chairman Elected— Robert .- L. Chairman company Oare, the of formerly 38, Beard 3—V. who died May. Vice-Chairman, succeed to Ernest 172* p. M. The been elected founder of the has Morris, 1 * 1826. ' ; . ' - , The V- ■' ; A kind the ' The Holders, facility April Earrings Show Decline— Income of crease The the & O. for $500,000 as April . be will with compared $1,000,000, about Income net than $4,500,000, during 173, the p. - for as well as increased wage and common shares share Vrtthin the ? past Inc., the Hartford Rayon-Corp.. new stock of a $5 capital of $25 New York Stock material fields detente, of the 1 > —V. has immediate no plans STATEMENT OF for INCOME ' The company manufactures super-precision ball bearings at Conn. Proceeds, according to P. E. Erlcson, President, will principally to finance expansion of plan facilities. receiving increased orders for defense purposes. The Danbury, be used is company Federal shares •♦Earnings 378. in Income taxes .$884,347; .621,718 ' <$1.36 per outstanding. common : .i share— . - ... " $.49 $0.24 -- Inc.- -Earnings- $3,385,494 ■ 151,015 6a.342 $3,047,479 146,898 $85,673 $91,521 900,000 900,000 $0.10 —___ taxes_X.--i._l_-—'_ income Canada & 1950 1951 ____, taxes income income preferred dividends requirements.—V. 173, p. 1370. , — ' 3 Months Ended March 31—, Hales ■ inc. after Fed. $3,336,688 income taxes— $0.10 5S.377 746. p. Boston Edison Operating 173, - Co.—Quarterly Earnings- 34,052 198,500 $0.67 $0.77 9,987,174 Net 36,116,361 6.167,960 1,606;500 38,147,038 6,454,150 16,660 67,503 61,691 5,016,182 3 837,642 15,883,122 12,726,314 $3,085,735 $10,158J866 89,641,547 income " $2,947,183 income— 47,052 operating Non-operating 9,377 728 18,338 1,689,000 ievenue__ accrued ♦Taxes 474. p. expenses Depreciation Uncollectible 1951—12 Mos.—1950 1951—3 Mos.—1950 $19,657,877 $17,924,265 $70,710,679 $64,713,873 revenues Operating 1949 198,500 $0.17 • 198.500 Earnings per share.. ' $2,714,592 134,771 $1,726,761 153,467 outstanding shares 1950 1951 ^ 1 —__. share per 172, — outstanding Capital' shares —V. $918,249 621,718 " $1.41 Birdsboro Steel Foundry & Machine Co.—Earnings— —V. $1.00 '200,000 1550, Period Efid. Mar. 31— Net 94,583 200,000 Nil Ended March 31— before Net - 'After Capital '* includes foreign restrictions in the amount, cf $15,462 16,663 in 1949 and $20,483 in 1948. exchange to $13,741 sales Federal 1,984,347^-1,638,249 1,100,000 720,000 rowed $450,000 under a • 173, p. Profit Apr. 1.'50 Mar. 31,'51 taxes profit.... Common 10-year loan, due April 1, 1961, from the Guardian Life Insurance Co. of America, it was announced on May 15. $192,262 94,583 $1.00 200,000 * <- Nil share $141,840' r- participating provisions cf the shares. with Earnings , 200,000 outstdg. subject 3 Months 1986. (The) Barden Corp.—Places Note Privately—This cor¬ poration negotiating through Lehman Brothers has bor¬ $1.00 $29,821,239 $22,447,374 sales Net $94,422 94/583 $0.84 Book -Of-The -Month Club, to distribution. or Quarters Ended— Profit before Prov. 94/583 per compared Net , $79,901 4. NOTE—Net profit for quarter ended March 31, 1951, profits company company manufacture COMPARATIVE costs, ^ ?, share ' a April, Net 17,990 127,866 rranuiacturers of cotton ruvs, ments' cf; national tenter 20,250 97,583 the 'Under has purchased Georgia and a major'ty interest Mr. Wise said that beyond the require¬ months the five 21,822 69,204 shrs. Earnings will be This share will have, assigned to. it shaies will be listed on the These 338,118 outstdg/.Mz shs. per Class B of common held." This 1948 $632,770 259,673 18,650 profit A 'Earns, having approximately 930,- outstanding. stock Net Class 1949 $626,818 185,448 40,612 taxes • stock will receive 1VZ Delaware Company for each new of ' . 1950 $444,305 1951 $448,629' 139,164 on sales.. profit Deprec. and depletion ' Fed. and foreign income- Operating a ......... Rug Mill, de¬ a will produce result in the new company present. a <& Subs.)—Earnings— profit Gross ;Mt stock is to be fixed in the stockholders' meeting, Exchange. However, railway operating expenses increased more reflecting the heavy maintenance programs carred month, preferred new . common but... each value as nearly $400,000 less than net Income for March cf this year. in total railway operating revenues for April was more $4,000,000. on B. shares par increase than *—V. the than more and 1950 of .the Will 600 * Net of cf in . the on Stock Exchange. York New stock shares exchange accommodate to to 40,000 torn. up rate V companies. At such minimum $4.SJ dividend yield equal to $6.75 for each share of present preferred stock held at the time of consolidation. This compares with dividends of $6 a year on, the present preferred stock. Application vii: be made to list this new preferred* stock on • the newer oce.n-golng will handle an Increas¬ ing flow of iron, manganese, chrome and other ores from foreign sources, particularly Liberia and Venezuela. ' The r.ew facility is capable of handling as much as 10,000,000 tons of ore a year, or more. It is ideally located because of Baltimore's geographical proximity to the nation's major inland steel-prcduc.ng plants. ' constructed of dividend the -l-y2 rate pier especially ore-carriers Bon Ami Co. Qu'ar. End. Mar. 31— but designed especially to handle imported ore was opened by the company at Baltimore, Md., on May 15. j Completion of the new facility, capable of trans-loading 2,000 tons of ore per hour from ship to railroad cars, is a milestone in the his¬ tory of American steel production. > The new pier is the first modern, completely new facility cf its $5,000,000 both of the light of market conditions at the time of it will be not less than $4.50 per share. Baltimore <& Ohio RR.—Opens New Pier— t ! Delaware new a liabilities and * ' to bo carried out through the consolidation of the with its wholly-owned subsidiary, Bristol Mills, Inc. corporation succeeding to the business,. assets company form to is plan present "357.493 293,057 $3,144 982 $10,516,364 $9,934,604 59,247 Basic Refractories, Inc.—Earnings— Quarter Ended March 31— Net . income Capital —V. after per 172, p. outstanding share '__ , 1950 1949 $117,500 350,000 $176,646 $244,425 350,000 350,000 $034 taxes shares Burnings Birmingham 1951 $0.50 $0.64 - 2376. Electric Properties— Co. To — Sell Transportation Gross Int., < cbmpany on May 14 filed a notice with the SEC of its pro¬ its" transportation properties to a group of Birmingham businessmen. ' ... Income t(,J sell C. Co., Prevost Inc. has Boyce, leased Chairman, for a is that announces 10-year term, the effective Western Electric June 1, 1951 No. 16 at ap¬ proximately 320,060 square feet of space in Building 666 Couth Front St., Elizabeth, N. J. Louis Schlesinger Company, real estate brokers of Newark, N. J., represented Western Electric Cot in the transaction. "<• Will continue operation of its Import Cotton ^Department in Building No. 15, located in Linden, N. J. ir Bayway More than Fumigation 900,000 square/feet -of space is now ^tea-sed "to"«terin tenants Including Monsanto Chemical Corp.; t3oadyear Tire •& Rubber Co.; Tele-Tone Radio Corp.; and Western Electric Co., Inc.—V. 173, 562. ? - . affiliated ' (A. S.) Beck Shoe Corp.—April Sales Off Period End. Bales, '■ Apnl 28— ~ I8!l%— NOTE—Bates of the Adler chain are 173, p. 1051—17 Included In the abdve table for J®51®"*1 1950- These figures United States Government.—V, are exclusive of sales to the 169:7._ . , „ The aggregate consideration to be received by 012,500, of which" $1,212,500 is payable in cash 5 - 'includes to be . '.<••. 706,117 2,841.800 2.649,313 .$2,438,865 $7,674,564 $7,235,291 etc. Federal income taw.-—V. 173, p. 858.. Period End. Mar. 31— "■ — tions of Ey an by Birmingham realty company to be organized by the purchasers/,: ;• >. VEquip, order of the Commission, the Commission has deter.-, the earlier ! rents^ 349,272 tent&{Dr>yilz.c proposed sale need not be submitted far its approval.' However, the proposed acquisition by Birmingham oL tha.purchase» ^-•^•Ntetery. incomemoney obligations fromr the realty company as part constderatioir of Other income^,the sake Involves tin acquisition subject to the Commission's jurisdiction and ,for which Birmingham has made Application to the Com¬ Gross incdme mined ....... 1951—Month—1950 Operr revs. ir__—$7,564,410 Oper. 9^12,919 Ttke585;425 to Pullman Standard'-Gar Mainrtacturing Co. and $000,000 Is bayeWe .by the delivery of purchase mcmeyv obllga-r, paid RR.—Earnings^— Boston & Maine * Birmingham-is $2,- including • $1,000,000 - : , - ^ /1951^-3 Mos.—1950 > .$6,999/208 $21,749,471- $19,488,8^0 5,748,256 !T8,B2E,5l8- :16,404,270 404;473 ^T;80l»,791f 1,492,841 367,613-f-1,033,779 966,804 : 37,539 30,732 $379,255 $368,129 .,.96,377. -93,151 that' the $702,014 $531,844 49,996 45,627 172,951 242,548 $429,251 $413,756 $374,965 $774,392 263,143 267,290 813,311 818,890 $166,108 $146,466 $61,654 •$44,498 . ' * : . - - - The SEC has given interested persons until 1 Wks—1950 * $3,368,801, $4,114,893 $14,234,048 $13,171,13$ 1951—4 Wks—1O50 witli Birmingham. 4 mission. > 607,458 $2,386,777 rente, & balance The purchasers are John S. Jemlson, jr., Ernest Woods, Harvey Deramus, George Morris and Joseph H. Woodward, II, none of whom * ~ disc. The posal • Bay way Terminal Corp.—Leases Building— $2,994,235 income May 25, 1051, to request hearing upon the application with respect to the acquisition of the purchase money-obligations.—-V. 172, p. 1230. r : a Total int.^ Inc. deduct. etc.). after Contingent "L ~ < rentals, —^—: fxd. chgs._" The stockholders stock (par $2) Net on April ^6 voted to increase the author5zed capital 172. p. 21 IB. " from 400,900 to 750,000 shares.—V. 182,583 charges____ Bishop Oil €•.—Stock Increased— *$16,475 income ♦Deficit.—V. 173, p. 1370. ; 186,400_ 549,501 560,432 ♦$39,934 ♦$487,847 *$604,930 .Volume 173 Number 5013 The Commercial and Financial Chronicle . (2087) *•' " •" ' r- . Brillo The at Manufacturing Co., Inc.—Partial Redemption— balance Brillo for in 9 Months Ended March 31— of the the shares 4,011 President, said. retirement of class Plans now the of outstanding, M. B. Loeb, consideration, he stated, outstanding class "A" shares ProviSidh Net . - * Loeb added. The senior 172, has company the to preferred no company's income for taxes incdrrie taxes. 143,710 stock shares bonds» nor of to the the on 10% $688,518, 953,270 $2,865,051 395,000 $1,465,742 360,000 ox number stock ; " of shares dividend.—V. now 173, ' $7.23 - outstanding Months Operating Operating Ended March 31— revenues 1951 1 —•— and expenses taxes" 1950 $13,452,484 $12,104,310 11,440,827 10,502,618 .. gage notes Operating Other income income $2,011,657 : (net) — *_ . . $1,601,692 1,211 Drl,524 holders—The Gross Income Income Net $2,010,133 — deductions inc Net for preferred income Earnings '—V. 1,622,897 _ Provision after per 173, dividends- share $1,529,727 $1.62 share, and security dealers will receive held. The offering price offering and warrants expire p. 1886. Central RR. Co. of New 6 Months Ended March 31— 1951 1950 $ Net sales ^Profit : before' provision Common ; — shares •Earnings 19,861,000 16,258,000 Net ry. 7,041,000 . per 9,590,000 share — + $1.47 1949 Total Net income income after taxes 1948 284,797 *419,496 180,003 '433,135 660,622 '111,220 10,500,050 173, Gross 4,997,390 8,574,152 9,414,105 $0.44 $0.22 661,077 '1,275,032 486,867 '1,523,175 173, p. ry. Operating Operating $3,215,967 expenses 2,743,718 Gross - Net Int. Net Pfd. income oper. $579,177 $2,134,499 614,668 2,326,358 —V. 150,603 653,871 600,386 •Earned $1,672,487 $1,993,765 157,557 658,153 646,817 $191,370 $306,508 $1,014,334 $0.11 stock com. per $464,065 176,293 $0.21 $0.61 divs. share com. "On average number of common shares outstanding first quarter of 1951 and 1,452,981 in 1950 period).—V. $1,346,948 $0.97 .. (1,676,125 in 173, p. 658. 0 Callahan Zinc-Lead Co., Inc.-^-Earnings— 3 Months Ended March 31— •Net 1951 income 'After of excess 1950 +$8,473 depletion, sale and stock of a profits +$53,204 by for 58 to The be delivered new Corp.—V. Equipment— the to baggage railway. will cars be built at the National Steel. Car ' 173, p. 1790. Canadian Pacific Lines in MaineGross Net 1951 ■ . $1,835,907 449,736 685,073 477,915 717,716 income—. 655,827 952,159 651,591 892,023 4,331,381 1,482,051 4,858,428 1,284,924 2,006,094 2,053,938 2,128,903 from Net ry. 1949 1948 $622,327 $800,613 $743,159 304,224 188,108 328,752 284,165 201,520 railway railway 1950 $796,881 from 81,841 220 790 168,524 income open The railway railway railway—— oper, income 1,809,565 from 2,321,600 573,455 on May common 15 approved stock amendment to an The SEC ry. 612,891 275,651 580,426 three from an amendment 8,000,000 shares March— Net tive 0 individuals, railway__ Net ry. oper. income 1950 " 1949' 1948 $166,954 $210,661 '24,834 '52,799 '100,925 Net from from of 7,500, Net ry. 'Deficit.—V. 173, together with apporxtaately 10,0C0 and 16,000 on ICC. The group were their bid of 99.203. locomotives at an aggregate members the of 173, Co. ; the issue cost income after shares are Inc.—V. Safe $8,130,615. Drexel & Co., 173, p. Earnings 'Loss.—V. *198,185 *399,013 of 350.40-foot refrigerator The 1951 $1.55 Co. (& income for 2,061,688 outstanding common 800,000 $0.99 share $394,414 800,000 _ (& Subs.) Quarter Ended Net income March 31— alter taxes—. shares •Earnings per to to the be Duiit railroad by the Burluigton Refrigerator Express Co. under a conditional sale agreement, company The corporation on May filed 8 letter a of notification covering 20,000 shares of common stock to be per share), without undezwriting. The proceeds working capital. 84 with offered to are the at be Quarter Ended April 30— Sales par 1950 $26,772 $16,468 346,628 346,628 $0.04 $0.01 $0.19 After preferred dividend requirements.—V. 172, p. 2118. 1949 the the next net three additions capitalization which and it years made May 16. projected a $55,OOb,OO0 which is designed to to the over — •Earnings after per taxes common and charges 'Based on 250,000 share 1950 $1,281,219 143,425 $1,214,955 157,279 $0.57 ,, shares common now outstanding.—V. $0.63 172, interest. series Immediate A, p. 106. redemption on June 11, 1951, all of its 4%, due Dec. 1, 1962, at 103%- and payment will 55 Broad Street,. New York be made at the Manufac¬ 15, N. Y.—V. 151, p. 2039, (The) Coleman Co., Inc.—New President Elected— Sheldon and observe as 81stv its President. W. C. birthday, continues as Coleman, who* this week Chairman of the Board. the will be 61.8% debt, 11% preferred ,, borrow under may its bank $9,000,000 loan sold last calendar awaiting his a 1951 year are con-• share; Mr. Poston added. now month—and Transit predicated . the common 1,701,360 shares Columbus is for a This outstanding—including it is before provision too for La estimate adherence on to rates the presently tax beyond 47%. the regulated public utility method, he said, earnings could estimated .$2.20 a share on present stock based on the 47% before the company would become subject to excess profits an rate taxes. • , For the against share t March actual for deficit quarter earnings both of estimated the Columbus of of 1951 56 the estimate cents Transit share a actual and was and results 57 was after cents 47 share a cents provision per for tho Co, CONSOLIDATED INCOME ACCOUNT 12 Months Ended March 31— ' 1951 Operating revenues Operating expenses Depreciation General and taxes amortization..—;'-!-—: on Net 2,896,834 2,444,236 income 64,732 __. — ; .. deductions—- 441,324 per common statement of share. income has been restated to include previously (b) excluded Federal taxes final $4,189,215 effective profits taxes the months ended March 31, 1950, the applicable portion of electric earn¬ income for th'e applicable $3,747,891 $2.50 $2.22 for (a) pending on rate 441,324 $3,326,096 tEarnings the 1,103,418 $3,767,420 Balance excess $5,292,633 2,198,990 1,538,632 income Preferred dividends ings $5,219,548 73,085 $5,306,052 ; 2,505,909 2,265,059 $5,241,320 ! (net) *1950 $28,450,336 $26,463,303 15,127,946 14,273,80S 2,740,000 income. Income Other income Gross —_ 1: tFederal taxes Operating ! 12 settlement for the first electric rate three months of matters, 1950 all tlncludes $37,000 Federal 1950. IBased on 1,501,360 Two hundred thousand additional 1950. year to of the year shares outstanding at end of period, shares, $5 par value, were Issued common 1698.; ' f on :_.k. April 23, • 1951.—V. _ 173, .. Connecticut River Power Co.—Earnings— 3 Months Ended March 31— Gross 1951 earnings 1950 $978,292 $1,102,694 610,385 $492,300 206,014 209,128 $183,858 —— 588,420 $389,872 expenses $283,183 '4 - Balance before capital charges— and other charges. Interest — Preferred dividends Balance for —V. 173, p. declared common 18,000 — dividends and surplus.., 18,000 $165,858 $265,183 379. Natural Gas Co. — Debenture Offering Oversubscribed—Morgan Stanley & Co. and The First Corp., headed a group of 94 investment firms who on May 16 offered for public sale a new issue o£ Boston $50,000,000 31/4% debentures due 1976. The debentures* were priced at 1011/2% plus accrued interest to yield approximately 3.16% to maturity. The issue, which was awarded to the group at competitive sale on May 14 on their bid of 100.8719, was oversubscribed and the books closed. v Two other bids, each naming a 3%% coupon, were received viz:' Dillon, Read & Co. Inc., White, Weld & Co. and Paine;. Webber, Jack¬ son & Curtis (jointly), 100.81999; and Halsey, Stuart & Co. Inc., will A sinking fund provides for retirement of 72% of the new deben-* maturity, at the rate of $1,000,000 a year in tho period May 1, 1954-1968 and $3,000,000 a year in the period May, 1, 1969t1975. Sinking fund redemption prices start in 1954 and raogo from 101.42%- to par. Optional redemption prices range ftom 104% % tbre issue before Salle a Co.; subsidiary, whose application for decision of the Federal District Court. Chronicle (Reg. U. S. Patent Office)^ William B: Dana Company, Publishers, 26 Park Place, New- York 7; N. Y., REctor 2-9570. Herbert D. Seibert, Editor and! Publisher. President; William D. Riggs, Business Manager, Published twice a week [every Thursday (general ;news and* advertising issue) with a statistical issue otf^Monaayj. utner St., Chicago 3, Hi, (Telephone STate 2-0613} ;. 1 Drapers' Gardens, London, E. C., England c/o Edwards & Smith. Copyright 1951 by William B. Dana company. Reenteretr as second clask matter February 25,. 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members 01 panAmerican Union, $45.09 per year; in Dominion of Canada, $48.00 per year. Other Countries, $52.00 per year. ... ' NOT&r CMaccount of ^ fluctuattons id the rate of exchange, remittance for* foreign subscriptions and advertismentk must fee. made in New York funds. " 136" Si of agreement 31. • years Executive Vice-President Manager, has been elected President to succeed his W. C. Coleman, who founded-the firm in 1900 and had served his since 100.369991. Coleman, 49, for the last 11' General father, continuously approxi¬ to properties The Commercial and Financial William Dana Seibert, offices: v surplus. financing arises. the relief Consolidated 1951 1- — Net Income turers Trust Co., $68,179 - used Claussner Hosiery Co., Inc.-Earnings— accrued -Earnings— ;< Of¬ commercial and resi¬ relation to present demands In Ealance before dividends— bonds, 169, p. 496. outstanding—346,628 share in Clinton Water Works Co.—Calls Bonds— 1951 common sold are This company has called for first mortgage by Affiliate— Carman & Co., Inc. cars $0.46 dividends.- See Southwestern Ohio Water Co., below. -V. * 283,000 $815,688 shares 'After preferred Common 677,414 1,246,000 taxes income per 1950 $8,827,424 share* Industrial construction .Operating cars. Chlorophyll, Inc., Neodesha, Kan.—Files With SEC— Subs.) —Earns. 1951 $>174;t per this Under reach and (CDT) on May 24, 1951, at the com¬ for the lowest interest rate at wjiich $2,839,200 for financing the acquisition ($10 taxes. Provision nl providing for a 10% down payment with the balance payable equal monthly instalments.—V. 173, pp. 1887 and 1374. for $13,836,696 Income before Loan Nil during '* was Early — 1951; the cony)any had taken down on Poston *The Deposit Co.*— Partial SEC ; •Earnings 240,000 _ 3 Months Ended March 3L-- Net *$43,416 240,000 Carey Manufacturing Sales Common 1950 $372,402 1 173, p. 562. (Philip) Se¬ until noon '173,634 *323,721 share. per Union 1987. Chicago, Burlington & Quincy RR.—Bids for Equip.— '213,530 1 the fare surtax p. '164,753 ; revenue program, which calls for expenditure of $10,year, and on calculation of Federal income taxes at tho prevailing 47 % rate. He added that earnings would recede by an estimated four cents a share for each 1% increase in normal and * for redemption on June 15, nexk,'$125,000 of mortgage gold bonds, due Dec. 15, 1953, at 100 and accrued interest. Payment will be made at the First National Bank of Chi¬ cago, 38 South Dearborn St., Chicago, 111 —V. 141, p. 743. pany's office, in Chicago. III., bidders will provide not over taxes— increased common 30, shares new of 000,000 May on have been called 583,672 outstanding May on of f 517,937 3 Months Ended March 31— Net gross • $19,001,914—or $1.28 173, p. 1887. tremendous for Interest and other income offering group Corp., and Stroud & Chicago Board of Trade and Capital 1887. p. and associates awarded estimated '41,519 1474. was the advised, required 1 In sale 27.2% $15,000,000 deficit 53 shares.—V. this planned Halsey, Stuart & Co., Inc. bid 99.201 for the certificates, also as 27/bS. The certificates are to be issued to finance, in part, the purchase of 655 70-ton steel hopper cars, 520 50-ton steel box cars and eight 514 835 Capital Transit Co.—Earnings— 1951 . tiring step April further < $6,450,000 of 27/s% equipment trust certificates, Second Equipment Trust of 1951, maturing semi-annual¬ ly from Nov. 15, 1951 to May 15, 1966, inclusive. The cer¬ tificates were priced to yield from 2.15% to 3%, accord¬ ing to maturity and are being issued under the Phila¬ delphia Plan. Offering is being made subject to approval 37,990 p. to of MT. 643,579 income oper. are p. 1578. 16 offered Bids will be received railway... railway- be ■ curtailed. 14 financing its expansion the company contem¬ early offering of $10,000,000 of first mortgage bonds. Giving an 200,000 increase Chesapeake & Ohio Ry.—Equipment Trust Certificates From Jan. 1— Gross will program, be May Consummation of the presently planned construction program will require further public financing to suppplement funds available from depreciation reserve accruals and from retained earnings, Mr. poston said. The financing will be done ih a manner, he added, which will be most advantageous to the shareholders and its customers at tho t Offered—^Salomon Bros. & Hutzler "113,125 • and time the need for such 10,000,000 '46,348 ' '84,055 defense will on War II. figure is-based real estate $169,477 '26,283 '98,156 were financing share,—V. Earnings of the company seivatively estimated at $2.03 respec¬ amounts There Vermont—Earnings- \ 1951 railway railway—$196,223 from { on Redemption—1 from to to modify preemptive rights;—V, 173, . Gross 1,594,290 other persons who for the most part reside in Chattanooga, propose to acquire from Equitable an aggregate of 195,000 shares (30%) of the Chattanooga stock at a price of $3.30 per share. Because of the stock ownership by the three in another utility company, their acquisition of the Chatta¬ nooga stock was subject to the Commission's jurisdiction under the Holding Company Act. Their individual acquisitions-are in the 367,527 1474. Canadian Pacific Lines in v. May 8 announced the issuance of an order authorizing the purchase by F. M. Cantrell, Rhoton P. Cliff and Phil B. Whitaker of 27,500 shares <4.2% ) of the common stock of this company from Equitable Securities Corp. 732,410 Net 912,816 p. 4,098,430 1,831,330 -. 2,040,578 933,659 173, income—. stockholders curities 2,322,383 Net —V. 4,564,309 railway—1,164,572 authorized Other from new running until next Jan. ' Chattanooga Gas Co.—Stock Sale Authorized— From Jan. 1— Gross 1948 173, P. 1475. the 15 Earnings— national program r 120,000-kw. of name plate rated facilities to generating will' bring capacity at the 1953 year-end to 440,800-kw. safety margin of 26% over estimated peak demand of next and As the 1949 oper. of the March— 31, income per loads $425 • baggage cars valued at $4,360,000 has been placed It raises to $90,000,000 the value of rolling stock this company. now .< order 1949 depreciation, etc. tlncludes $50,857 profit on the subsidiary and before provision for Federal income taxes. tLoss.—V. 173, p. 562. :v t ' ' - Canadian National Rys.—Orders New An i Net cents $100,000,000 the plates < $1,379,312 The $367,663 pref. , . a of World As Central & South West Corp.—Stock Increased— 2,594,151 173,825 income— and Pennsylvania—Earnings— 1950 $2,450,407 541,488 other deducts— Earned for ' $472,249 income- and public no March program This effect $1,708,282 shares and Gross the corporation compared with the 22% margin of capacity peak demand experienced last December. Completion of the program three years hence will stock 1951 from from ry. 1951—12 Mos.—1950 $2,760,907 $12,072,119 $10,888,879 2,181,730 9,937,620 8,438,472 30 for provide end Consolidated) 1951—3 Mos.—1950 revenues high. new electric mately 570,258 $1,547,301 oper. Net Period End. Mar. 31— a 350,000-kw., 1475. From Jan. 1— Net (Mexican Subsidiaries Not 370 263,490-kw. *1,815,173 railway railway...... front Net $0.55 California Electric Power Co. (& Subs.)—Earnings— in arms * another and 10,136,941 912,091 from Net 4,994.090 570. p. expected plants. '1,382,122 March— 1949 4,997,390 - 364 the system, J. B. Poston, President, stated on To provide for this expansion the company has • from 'Deficit.—V. $26,325,945 $20,374,769 $23,251,917 2,183,328 1,111,032 2,746,323 __ Capital shares outstanding Earnings per share —-l —V. 1950 period construction this of ended year Prospects $3,799,408 ______ (& Domestic Subs.)— 1951 for 1951 the increase of add $3,166,066 Central RR. Co. of Quarter Ended March 31— needed presently dential Jersey—Earnings— 362,431 '401,450 railway Net from railway Net ry. oper. income 'After ' preferred dividend requirements. tAdjusted to reflect the three-for-two common stock split in March, 1951.—V, 173, p. 1474. Burroughs Adding Machine Co. of on 1950 Ended— —17 Weeks . Gross 3,953,000 $1.40 —.—.— outstanding common is System's - with sales* compares Columbus & Southern Ohio Electric Co. fering of Bonds Planned— From Jan. 1— 9,217,000 6,410,000 ——.—■, operation at end stockholders construction $3,154,930 income— oper. is 918,951; _ 1951 railway railway.: from steel Gas is $3,635,120 from Net income income Net , Gross 141,460,000 10,271,000 income for March— $ 170,707,000 . in i com¬ . This 1987. p. result, For . Burlington Mills Corp.- -Earnings— stock. Apr.)28, '51 Apr. 29, '50 Apr, 28, '51 Apr. 29, '50 $15,410,000 $13,354,000 $65,104,000 $50,120,000 iyoiv $1 per share for securing subscriptions on Stockholders of record May 1, 1951 are entitled on June 4, 1951—V. 173, to 1986. p. "It of warrants. $1,205,688 $2.05 . 745,364 shares) on per mission shares 173, a an each $26.50 $1,205,688 93,170 preferred dividends common Inc.—Rights to Stock¬ for the highest first quarter W tb» $8,533,777, with earning* of as common period last year and earnings of $504,032, at stock.—V. 173, p. 963. common stores Because •As company 17 of Columbia stock of Columbia Gas System, Inc.—No Financing in 1951— > • Record—Earnings Higher-** reported ^ is offering 20,348 shares of its (par $10) to stockholders pursuant to their preemptive right in the ratio of one share of new $1,602,903 397,215 387,236 — —V. stock common same . Number • . Co., a New quarter, —4 Weeks Ended— due 1959-1970. ,: Central Louisiana Electric , share of a ■, Privately Placed—Goldman, Sachs privately $6,000,000 of 3%% first mort¬ & Co. has placed $1.67 were share Sales St. Louis, Mo.—Notes * , or first effect give Catholic High School Association of the Archdiocese of Brooklyn Union Gas Co.—Earnings-^Three history, $5,697,264 in the $3.67 to the . 562. p. during Colonial Stores, Inc.—April Sales Increased 15.40%— 2478. p. sales company's $1.21 outstanding share..; per 'Based out¬ stock. common Net 4,862,030 ^ shares 'Earnings 1950 $31,952,901 $17,718,975 7,727,081 2,409,012 ... income Capital The. total of 4,011 shares to be outstanding after July 2, represents about 12V2% of an oriignal issue of 32,620 class "A" shares, Mr. —V. before Quarterly Sales Make t . _ under i standing sales Profit stock- are remaining future. near A Net 1951 - _ per After a Carpenter Steel Co.—Earnings- on May 15 called for redemption as of July.2, 1951 share and accrued dividends 3,000 shares of class A stock. giving effect to the redemption of these shares there will be company $30 ... ; '* c * VV* Zi [ ' iOu- 1975. principal amount it redeemed on or after May 1, . Sales to of the debentures along with other cash resources will be used by the company to purchase se¬ em it.es of its operating subsidiaries. The subsidiaries will use the funuu so obtained for consruction of additional plant facilities and for otner corporate purposes. Budgeted expenditure for the proposed con¬ struction program for 1951 is $G4,500,000. . • from 'PROCEEDS—Proceeds sale the 1951 $7,445,817 5,943,022 31— customers, less returns, allowances, etc. sales, exclusive of depreciation— — Three Months Ended.March Cost of 430,643 Net Other income- Net 353,264 ry. $353,783 Income (net)—— 33.832 — Gross 5,362 $1,105,984' and holds all of the capital stocks winch constitute an interconnected and owns operating subsidiaries, five Provision for taxes operating Total —1 income 173, interest 1888. p. , subsidiaries The and Pennsylvania . natural gas In West Virginia, Ohio, York fields and at the end of 1950 had 1,945 of gas from independent producers in the produce New . credit. / • ' This ' k ■ debentures due FINANCING notes issued under bank loan agree- debentures due Capital stock <■ stockholders The 1976—:. .1—- $15**. (par 3,274,031 shs; - 16 50,000,000 3,274,031 shs. outstanding, a seasonal.loan of $4,900,000 due Sept. There is also " ' ' 62A33 1,436.097 136,177 "40 207 238,028 "11.412 "171", 727 91,3tf9 approved 26 from stock 15,000 150,000 split.—V. 156,. p. 1148. 1 application1 states that at April 30, 1951 National's assets coushted almost wholly of cash and there-was available-for-distribution to National stockholders an amount which, after deducting the esti¬ mated- costs in connection with any dissolution of the company, The 1, Exchange than share for their_stock and realzing about 26(7>, more* than get if National were to be. liquidated and dissolved,} or their-interests. Bond and Share does not" make any 'representation- as-to whether or not it is in the interest of stockholder of National, other>.jtban Bond and Share, to accept the contemplated offer or to'retain :their interests in National.—VV 173; p. 1791. cents per would they retaining . r Cummins Engine Co., Inc,—New Development— equal about 35% cents per • share - of - National stock. Thus, the contemplated transactions, the stockholders - of- National, Bond and Share,, will.be given a choice of. accepting 45 under other . Curb utility the in not to invest either directly 6r Phoenix has agreed field. company. otherwise (pdr York New p. • 1080. the of May of the Governors the would on Board of five~cents)WV.-170, of 46.56% of the stock of National 10'filed an application with the SEC lor holder Light Co., on-May not affiliated in any way with Bond and Share or National. purchase agreement between Bond and Share and Phoenii, is obligated to offer to purchase the holdings of other stockholders of National at-the same price, and; to change-the name to increase the shares,' to effect y » National Power Sell latter the proposal a to Co.—To . the company,& Under '/ k Share & company- 2. *7. '"*■ approved for listing 229,80,0 additional, shales of capital stock The . 20,000,000 ? < Cornucopia Gold Mines of Spokane, Wash.—Listing— " i . -50.000,000 — April on common 10-lor-l a v . 20,000,000 1, 1950 as supplemented ment of Feb. 3»Afe * 4 . '•/ Outstanding ',-$30,000,000 ; Authorized $30,000,000 1968 ' 1' Corp.—Split-Up Ratified-r-' Converse Rubber 4 y CAPITALIZATION GIVING EFFECT TO PRESENT < The credit is( for a- two-year term,,.with. 13 ana the national Bank 01 Detroife acting ajj agent for the group. ' 4" ' ' C. J. Reese, President,' stated that tooling for th£ two engines which Continental is producing has teen nearly completed. • Output is 011 a sharply ascending schedule, he said.—V. 173, p: 1987.* . ; authorized 2%% "70,084 1,342,945 approval of the sale of its holdings in- National at- 43 cents-per shai'e to Phoenix Industries Corp., oi New York City,, a recently formed 9 proviue • Bond Electric approved establishment of a $30,000,000 adoltional working, capital for military May 011 to , ' the wells of the ) ' gas fields. Estimated proven reserves of subsidiaries at Dec. 31, 1950 were 454,000,000 MCP. Appalachian 13,433 1,405,933 1791. 173, p. Stock Holdings— $0.34 $0.62 of cap. stk, ;production contracts. bank^ participating the. purchase for • 108,484 _ stockholders The ; V<-loan I contracts 112 315 17,601 income—_ oper. ®Deficit;—V. $156,899 Continental Motors, Corp.—Bank Loan Approved— * of the system for 1950 were $134,749,000 and miscellaneous deductions was $17,- revenues beiore income "17,998 1,921,751 373,689 158,t4l 1ai.wa3-.__— rall\vay_—_— from ry. Power • 018,000. t 633,412 $376,152. income—. on - " —V. ' 1943 $544,789 73,4i 1 income—. oper. rrom Net $359,145 -93,762 four vania. 2 % 96,420- , . Earnings per share on 459,559 shs. public utility subsid'aries serve about 919,900 customers in 696 communities in the Appalachian area in Ohio, West Virginia and western Pennsylvania. New York State Natural Gas Corp., supplies natural gas. at wholesale to two of the other subsidiaries and alto to non-affiliated utilities in western New York and western Pennsyl¬ and depreciation:——.;.. Net company. , for Provision integrated natural gas system engaged in all phases of the natural gas business. Tne subsidiaries are Hope Natural Gas Co., The fc'ast Ohio Gas Co., The Peop»es Natural. Gas Co., The River Gas Co.,-and New York S.ate Natuiai Gas Corp., the last being a non-utility The 1949 $451,163 126,o»l From Jan. 1— Operating Net of 1950 $524,169 '••• railway from -Earnings- 1951 railway from Gross . etc.—Company -BUSINESS, Monday, May 21, 1951 . $633,276 March— 1950 $4,233,325 3,526,278 $1,072,152 administrative and general expenses—_ Selling, . . Duluth South Shore & Atlantic Ry. Continental-Diamond Fibre Co. (& Subs.)—Earnings— 1951 down to the the 12 months beginning May 1, redeemed during -If Chronicle The Commercial and Financial (2088) 4 Minn—Files j :■ Farmers Mutual Telephone Co.; Madison, issued in accordance with the company's policy of borrowing on -short-term bank loans' to finance ^seasonal cash requirements for in¬ 2.7 Natural gas where available- tan be-utilized- in -a new engine develThe company 011 May 9 filed a. letter of notification- with the SEC ventories of gas in storage. it is announced. /< .\ —» .. . • 1 •' ■ A .. j.._ _oped^bythis company, coA-ering 2,600 -shares of common stock and- 1,200 shares; of preferred Designed primarily to take advantage of "the plentiful supply of; s/ stock, to bq-;offeitd at $35 and $50 per share, respectively, without PURCHASERS—The names of the. several-underwriters and- tlje natural gas in the_ oh producmg-areas; of the nation, the new engine , f underwriting. The procefeds are "to be'U3ed to rebuild rural telephone principal- amount -of. the deoentures underwritten by. each, -respectively, ■/ ;is known as the Model LR-600-^-GAS Cumniifts'Engine."The engine is ^system."""" „•"» v V; are as follows: ;'i '• ' : •"* classified in the medium speed field because of Its 1,100 rpm. rating. * - * v \" ' '■ s Now in production, the LR-600-GAS engine-will be used principally Morgan Stanley & Co.__$3,150,000 W. E. Hutton & Co i $800,000 ; to provide economical power for oil' ?well Klrilling rigs: However, Florida Power & Light-Co.—To Place Preferred Stock The First Bosioh Corp.. -3,150,000' - The Illino.s Company—. 600,000 UCumrains officials foresee Other .applications--whenever- there-;is an Almstedt Brothers 100,000 / • Indianapolis Bond & ' Privately — The company into agreeabundance of natural gas, such as in pipeline -pumping" stations, A. E. Ames & Co., Inc._ 400,000 Share Corp. _____ 200,000 : ments with;. 10 institutional investors providing for the municipal power plants and cotton gins." 3 Arthurs, Lestrange & Co. 100,000 Jenks, K i r k 1 a n d & The'Diesel counterpart of the new Cummins, gas engine is. the sale of 50,000 shares of Alk% preferred stock,, series A, Robert W. Baird & Co., Grabbs —_100,000 Model LR-600. This Diesel >ast a maximum rated horsepower of Inc. 600,000 , Johi.son, Lane, Space 6c ' par $100, at $102.25 per share and accrued dividends 300 hp. at a speed of 1,100 rpin. and a compression, ratio of. 13.5,-to-l. Baker, Watts & Co. 300,000. Co., Inc. __w——_ 100,000 from Marcl) 1,1951. \ Conversions units have also been developed by Cummins to change Ball, Burge 6c Kraus—*. 400,000 Johnston, Lemon & Co._ 400,000 the LR Cummins Diesels to gas engines and the LR-600-GAS engine The proceeds are to be used to meet part of the cost of the com¬ Biddle, Whelen & Co 150.000 - T. H. Jones & Co.„_ 200,000 to Diesel operation.—V. 173, p. 1987. pany's construction program and for other corporate purposes. The WUiam Blair & Co,.,—_ 600,000 Kaiser & Co.^—— 200,000 program is expected to require approximately $20,000,000 new capital Blnnt Ellis & Simmons— 600,000 Kalman & Co., Inc 200,000 during 1951 and 1952. ' ' * » Boettcher and Co 150,000 A. M. Kidder & Co 400,000 Daylon Rubber Co.—Places Note Privately—It was an¬ The stocKholders on May 14 approved a proposal to create an Bosworth, Sullivan & Co., Kirkpatiick-Pettis Co.— 150,000 nounced on May 15 that this»company has arranged authorized issued of 50,000 shares of 4V2'/» preferred stock, series A, Inc. 150,000 Kuhn, Loeb & Co. 2,700,000 : .1951, ; , ' ' - ... .* ■ ^ r recerrtly>^entered < r , ■ ~ . . . (Inc.) Republic & Sears Ten Co. 800,000 War- ' * Inc;—. Carl 100,000 C. 100,000 C. Codings and Co.— 300.000 Gruttjnden & Co.; 200,000 McLeod, 'Inc. 400,000 Tjwnsend, E>dine & Have.i D3 Merrill. 200,000 F. Co.- 150,000 800,000 U Dempsey-Tegelcr & Drexel & Co— Fahey, Clark & Co 400,000 400,000 300,000- Ferris & C'jmpany_^_— First' of Michigan 100.000 400,000 • Corp. Folger, Nolan Inc.——— Foster & Marshall-— i- Inc. Scott, " 400,000 200.000 2,700,000 " 2,700.000 Goodwyn Co. Olds— & —. e 100,000 Edw. 100,000 Miller & Co.— Co, 100.000 150,000 , Co.— 150,000 Cartwright" Net A. Hople & Co.—.... 100.000 E. F, Hutton & Co.—a— 400,000 Net income & The Co.. 100,000 ' ; and 3 Mos. End. Mar. 31 1951 • . Total $ 42,543.874 146,795,557 Operating deductions..—u 34,389,847 29,766,500 111^54,688 Federal 8,900,000 4,150,000 15,850,000 Net revenue income taxes operating income Other (estimated). • 11,300.329 8,627,368 19,690 868 k—i28,877 17,145 May 15. Trading in with the Securities and income Gross _u— — ...... deductions Income I— 11,329.206 549,225 .... ■ 8,644. 51^ .270,086 20. P54.720 1,388,184 incorporated in company, of of 7M>c Net Net i;, income income 10,779,981 per sh. to finance urgently extremely critical days can the trucking industry is per¬ entire national economy.".—V. 172, p./2480; ' , equipment additions during these be measured by the Indispensable service forming for the hardware. is engaged in the manufacture 1924, casement share per quarter and per window stock Common is on door dividend already this year an The McDonald G. for & Co., tude extra of in August, public distribution, 1435. for considered formerly that President, reported on May 16. Gamewell. a major producer 1950 stock. 8,374,427 18,866,536 $3.29 $2.56 $5 76 (3^274,031 shs.) —V. 173, p. 1888. Ironton Gross Net ry. $1,469,273 G06.011 $50,000,000 three-y<.ar new a credit with a group of 10 banks which covers all the company's known requirements, including expansion of facilities and contem¬ plated increases in production over the three-year period. used be 293,633 railway__— from 334,163 509,505 4,697,803 4,163,642 1,725,046 859,76d 2 2 Co., Merrill Lynch, 295,276 4,307,951 2,331,379 railway.. from ry. 965,207 income.- oper. - 72,662 1.776.QG6 1,207,605 - 965,331 count of 1375. p. selling stockholder. a the annual at of rate prime'commercial New be York lor greater, the of rate 90-dav on this agreement capital. new 2 agreement, Vz# of or The March— Gross at the ry. Gross Net from Net ry. provided that the rate shall not Bank of shall.from exceed the time Vh'/o city of to, time annually., 1950 $773,947 355,114 91,926 408,351 148,479 1951 income... oper. National an whifbever $725,662 \ ' railway^..... From Jan. 1— company will pay interest annual rate ot % abo\e the Chase maturities. from .> . railway____ from Net —V. from , railway—— railway.^—— incomer oper. 173. p. - . 2,093,579 J.,011,146 _ 194$ - in $591,591 $63.2,805 303,769 111,829 313,655 1,914,832 .9j£Uii)l,, 325,976 and subsidiaries located. ' • _ Gamble-Skogmo ' stock common mainly under under the the under "Gamble's name name * " . stores are the name company Mountains' principally Canada 1476. states, and in 19.1% of the of Western Auto Supply Co., which sells merchandise through company-operated and dealer stores- located largely in states other than those in which Garable-Skogmo stores are 1.891,167 1,611.599 223,0-jd middle-western, northwestern and far western Canadian provinces. The company owns western outstanding 93,412 1,796,314 947,195 364,988 26 four • , 255,670 - 1949 .. the corporation 1928, in merchandise through over 500 company stores and to 2.000 au¬ thorized dealers, located for the most part in towns and small cities sell Detroit & Toledo Shore Line RR.—Earnings— Net has already borrowed $10,000,000 working as terms computers. Sachs & Pierce, Fenner & Beane, and Piper, Jaffray & Hopwood on May 14 offered 304,270 shares of common stock (par $5) at $8.25 per share. The offering was oversubscribed and the books closed. These shares which were already outstanding, were sold for the ac¬ $1,402,023 .579,647 5,208,504 income— oper. $1,548,767 643,755 694 725 railway.. —V.-173, Loans— agreement Under nas is geared underwriting group headed by Goldman, —An BUSINESS—Incorporated The corporation has negotiated to Philbrick, systems, signaling Offering Oversubscribed Gamble-Skogmo, Inc.—Stock 1948 1949 From Jan. 1— Gross Consolidated Vultee Aircraft Corp.—Bank 1950 $1,739,870 railway. from from Net The corporation Frederick B. / emergency potentiometer manufacturing facilities, ajid for mass output of the ntwiy developed devices for altitude —V. 173, p. 3376. RR.—Earnings— 1951 March— Net '2 unavoidable, of its expanded • . has developed a potentiometer that can measure alti¬ bombing missions "within a maximum error of about one- company fourth underwriters and the were : Co.—Develops New Product— Gamewell industry regular and a 100,000 shares of the common On May 16 the Board of Governors of the New York Curb Exchange approved for listing the 247,200 chares of common stock.—V. 172, p. of this financ¬ President, stated that "the importance in enabling our trucking customers instrument needed share, has been declared. rer offered the for hardware builders' Net •i . Roy Fruehauf, ing the issue will commence Exchange Commission be¬ on Detroit, Toledo & j entered ;V'/ Fruehauf Trailer Co., it was announced on Of this amount, contracts for $70,000,000 were into during 1948 and 1950. parent. its May 15. 563,852 revenues... — 131,825 application to list 247,200 shares of $1 par value has been approved by the Detroit Stock Exchange,: it stock sale C. versus effective. of 2V2C $ 54,590,176 247,494 at Dec. 31, 1950 shows total current liabilities of " * the. company - (registration bail's $ operating and Mar. 31,'51 revenues.—s..—. : • 12 Mos. End. 1950 of $1,203,176, Approved— announced after The CONSOLIDATED INCOME ACCOUNT .' $1,804,286 company's common •was;, of private sale of $10,000,000 of collateral trust 3V2% de¬ bentures due Sept. 1, 1963, bringing up to $80,000,000 the amount available to finance customer paper acquired by 1949 $2,743,637 ______________ sheet balance assets u< Listing loans.—V. 173, p. 1998. Inc.—Debenture^ Placed Pri¬ Trailer Sales, Fruehauf Co.—Earnings— 1950 ____________ current comes r 272,044 proceeds will be used to reduce bank vately—The corporation has arranged through Lehman Brothers and Watling, Lerchen & Co., Detroit, for the _________________ Consolidated total 100,000 Dean Witter 6c Co.—800,000 Woodard-Elwood —„44 etc taxes, of com¬ offering , 103. sales 150,000 300,000 J. Son., revenues_ after 173, p. $356,936. & — J. R. Williston & Co.— B. & Co. 150,000 J. operating income Year Ended Dec. 31— 800,000 J. Milliard Net 1950 $4,744,412 jy Stock Offered—Hamlin & — May 7 publicly offered 18,500 shares stock (par 50 cents) at $16 per share. The oversubscribed. on The net 1951 $6,454,804 710,819 Three Months Ended March 31— Total Detroit Hardware Manufacturing —_ Lowber Stokes Frontier Industries, Inc. ■i Lunt mon 400,000 pucker, Anthony & Co._ Web.:ter & Gibson — 600 000- - are was —V. 150,000 Sutro & Sweney, 100,000 who watwthe to go to Dean H. Phipps, Chairman, stockholder.—V. 173, p. 1987. proceeds selling Harris & — Stix & Co.—— 300,000 Co. ' Starkweather & Co 200,000 Stern Brothers & Co—400,000 & — Gude, Win nill & Co.— Hallowed, Sulzberger & Hayden, Falrman Inc. on 100.000 - Sills, ' 150,000 Granbery, M a ra c h 100,000 300,000 200,000 Mason, & Co., Delta Air Lines, Inc.—Earnings Chas. W. Scranton & Co. Glore, Forgan & Co.— Goldman, Sachs & Co.— Goodbody & Co Horner Inc. ' May 8 offered 9,877 shares of common stock (par $1) at $6 per share. : & 150,000 - —— Offering—Cohu Stores, Inc.—Secondary Phipps Dean shares were taken up and placed privately at $59 per share" by the underwriting group managed by Estabrook & Co. Rights expired on May 10. See details in V. 173, p. 1888. ' "• t j r •• Scott 6c. Stringfellow "200,000 Robert Garrett & Sons— 100,000 Hop- & 23,206.shares of common stock (par $2.50) offered to common stockholders of record April 27 at $42 per share, 23 060 shares were subscribed for and the balance of 146 1698. 173, p. l- 99.37%'Subscribed—Of Offering — but the are running at record levels, serves high priority Industrial, automotive, railroad and other key indus¬ currently The /.'Reinholdt & Gardner.—,. 600,000 i Fulton, Reid & Co._; 400,000 wood ! Rambd, Close & Kernel', 400,000 Farwell, Chapman & Co. Jaffray Piper, f requirements in 1,250,000 — 2,700.GOO between 400,000 - Co.— Northwest Co. Peters, Writer & Chri.stensen, Inc. 2,700,000 _ Eastman. Dillon & Co.— Foote Mineral Co. those of a $4,000,000 note, the the same parties a few months which was ago, tries."—V. Co & arranged unissued $4.50 to 100,000 Moseley &.Co.*— S. correspond note 600,000 which of another to eliminate 50,000 shares of authorized preferred stock (par $100).—V. 172, p. 2480. - • and $100, par and brings the aggregate principal amount to $5,500,000. A. L. Freedlander, President, stated: "Dayton Rubber's direct defense pro¬ duction is of increasing tempo. Its regular line of products, sale of Weir, Pacific Dominick & Dominick—. Crouter the of term:: 400,000 Co. , Turben The sale 100,000 200,000 u Young, The Milwaukee through Lehman Brothers for the sale of a $1,500,000 3V2% promissory note, due Dec. 1, 1965, to the Equitable Life Assurance Society of the United States. 200,000 Patton & McJunkin, 100.000 Co.—- Davis & Co Pai 1 H. 1.500,000 ; McDonald & Co.:.. • Cunningham & Co.—100,000 Curtiss, Hmse 800.000 Rhoades .Marx & Co.—j.-*——„ 400,000 ___ _ & Co. Loeb, McCormick & Co._ Co.—— & 2,700,000 D. A. Lomasney & Co.— Courts & Co._x„-——* Julieit Collins M. & Co. " Loev.'i & Co 100,000 — Richard W. Clarke Corp. 8i — —^ W. C, Langley Co, ———_—_—r_ Whiteside, Chace, 150.000 Sherrerd.— 6c Central • Ladenburg, Thalmann Bradford & Co.—600,000 C. J. Butcher „ ^ 2, , operated east of the Rocky "Gamble's"; in the far west Western Auto Supply" and in "Macleod's." Banks participating in the credit agreement with The Chase Na¬ tional Bank of the City of New York are: Bank of America National Trust & Association;. Manufacturers Trust Co. New Yc»k* Co., New York; New York.Trust Co.; Marine-Midla id Savings Bankers Trust H°* °i *<" i ' National Bank of Detroit; Co.; Chemical Bank 6c Manhattan ,-TbC about V. Trust National Bank mercial new 8c Trust Co. of credit. agreement, replaces a year 173, p. ago,.which allowed 963. the . Co., New a New Bank York; and of the Com¬ Diamond Match Co.- to borrow made $20 000 0(9 OF 19501 before Profit Federal income income1 taxes — —— taxes—.——_—L———— 2,173,000 869,000 6,037,000 3,743,000 3(4%' prom, note, due to Dec. Preferred stock 'par $50)—-. 5% MARCH Net — "After per $2.00 _L—'. common preferred dividend "■ - $1,304,000 $2,294,000 sharco—i——-—— income "Earnings requirements.—V. 172, p. 2379. $1.17 - Mtt A. . 31," 1951 Outstanding Authorized $11,650,000 * 1, 1967— $11,650,000 150,000shs. cumulative convertible—L Common two-year^ agreement, AS • 1951 $28,712,000 $21,039,000 York. company CAPITALIZATION -Earnings— Quarter Ended March 31— stock *478,496 (par $5>__' shares, of - common. preferred stock at the rate of 4 share of such preferred stock. =— 3,500,000 shs. - ' 116,706 shs. *2,491;226 shs. stc*k are. reserved for conversion' of 1/10 shares of common stock for each 1 • Volume 173 Number 5013'... The Commercial and Financial Chronicle 5' (2089) UNDERWRITERS—The selling stockholder had agreed of the underwriters agreed v to its opposite Merrill ' Sachs Co 30,635 * Lestrange & Blair, 14,000 2,500 Lehman 8,500 Carl Rollins Bosworth, Inc. ■ to Co. Inc. Sullivan & ----- ' 6,000 Central-Republic Co.'(Inc.) 2,500 M. S. & Dain Co._, to Co.,— Dickson Doolittle Francis to & Co.__ 6,000 Parsons Ac Co. .. Henry —V. Co to . A The . way 3,500 built 2,500 sub-contract present, royalty Co guaranty Navy for blimps, is in engaged transparent other of start The the is Maschinen Heme, know-how, has been signed with once, will contract North .American's actual for investment an in the Federal Beien, -the mine many A. Beien, coal licensing coal a chain mining equipment company pneumatic and conveyors mines.—V. for 173, between arrangement firm German loaders car connections 173, assembly plant work completed 1889. p. for before Federal Net North at The will manufacture and German in use other and sell Western per March Net be proceeds Would the 1951 years additional an sale of offered I" Financing— issue to and be used public sale at competitive bidding. part to prepay a $1,300,000 2 '/*% in - 1953, It securities.—V. American's , common stock on May stockholders for 30 cents of each record ' : p. of share June The with ■ 1951 . record June presently 1.—V. 172, been distribution the of 1951 5, held. share of one quarterly A declared, June on to 11 required to of after the close of business - May 17 on on The —V. and Stock Exchange by Blyth & Co., Inc.; at share, with a dealer's discount of 75 cents per was 173, oversubscribed March— Gross Net the and books Net ry. 1950 closed. Net $701,393 191,364 137,558 171,750 railway____ 2,407.639 held 569.909 will be of to used .$153,686 $0.38 251.489 Net ry. 173, 491,863 163,054 the lenders ' stipulates retire notes 124,576 139,379 2,091.425 2,068,932 254.125 303,401 232,376 222,883 ... 209,041 1951 from Net from Net ry. rail way _; ' 1950 and Net 3 V2 % maturity ■ i 173, 1477, p. Net ry. —V. 215.018 314,185 Co.—Pays Stock Dividend— April 13 preferred March paid stock 22, stock a for Scrip dividend each five certificates of share one shares of issued were common in lieu ■ •< of 117,531 13, stockholder's the issue of the 116,000 designation of stock.^-V. 173, approved a proposal to preferred stock 4V2 % shares of the then outstanding create 2.144.394 " 1,913,055 1,896.325 1,884,221 705.243 669.474 572,662 545,793 164,053 140,993 171,796 171,013 railway____ railway income F. capital stock J. Gavin has Board, $5,116,800 named directors been Gibraltar C. , S. had Budci Mr. the from Presidency been has Budd elected Operating as Chair¬ to President. Ira Vice-President. on ballast May approved 10 including 50 cars, purchase 700 express iron of ore refrigerator The V. ICC 1,000 and box 15 cars, cabooses. authorized this company and , atlilMJ broken was this month Laboratory-Sgjg^l^ for a,, new chemical niresearch structure will contain 33,000 ft. sq. of gross floor area.— $0.06 li~2, p, "when 165,650 $0.21 571i The Corp.—Proposed Plant Abandoned— plans to banker, April on construct 20 said $100,000,000 a Months Ended March 31— that steel operations 1951 the & plant has the and borrowed the agreement, if it company $1,000,000 from two Rochester needs it company on a borrow may temporary banks another profits taxes inc. ___z & —V. because the 1951—3 Mos.—1950 173, p. Net income Earned per per The 173, 4,954.498 510,205 2,354,011 370,378* period—.: -common i share——_ share -$4,473,917 : $3,725,963 . ;r__* $15.89 . 1 — .- ^1:03 •Revised. Gleaner Harvester Corp.—Earnings— (6 Months Ended March Net sales ; 7 Npt .income after taxes 31— Capital shares, outstanding___7. Efcrnings per share— —V. > ■' '1931 —J_._42,6SO;748 ' $0.53 , . $1.07 called in date any days 1951 of the notice, 100% to ' company prior at if to letter 240*836 ' L306,308^ 400,000'^>400,t3p0 -1 * 80.62 of shares 6,500 under of- way. feet of additional floor space tooling up operations have begun, so not as and interfere* to irons and frac¬ 1951—4 Mos.—1950 " 1951—Month—1950 $2,-166,357 $2,723,513 $9,459,1-77 $9,089,307 '• of notification 7 Corp.—Filing Withdrawn— filed stock common SEC with (par March on has been $1) 27 covering withdrawn.—V. 173^ 1478. p. Idaho Power Co.—Registers With SEC— The on May company filed 14 registration statement with the SEC a covering 35,000 shares of its 4% prefeired stock, $100 par value. The underwriter, Wegener & Daly Corp., Boise, Idaho, has agreed to purchase 10,000 shares of additional 25,000 to up stock and has the shares. stock The is option t.o purchase offered for publid an be to share, with a $2.25 per share underwriting commission. Net proceeds of the financing will be used for additions to the company's production, transmission and distribution facilities. Con¬ struction has costs for 1951 authorizations estimated are from -the Commission U. P. for at Federal (in addition permanent is company the to the of the and offering) has issuance the company aggregating $11,of $6,975,000. It its construction program until such time for stock program considering presently The Commission borrowing bank loans preferred present financing $22,831,600. Power short-term and as Illinois Bell Telephone Period End. Mar. <31— revenues effected. The approximately $15,- been of 173, p. 761'. ' • ' • * • . Co.—Earnings— 1951—Month—1950 1951—3 Mos.—1950 $23,729,118 $21,062,272 $69,604,464 $61,337,448 j. oper. rev; Operating revenues 68,740 ~ 65,529 200,538' $23,660,378 $20,996,743 __ Operating expenses Operating taxes 201,866 $69,403,926 $61,135,582 16,664,401 15,312,478 4,200.393 3,261,090 49,150.911 12,228,888 45,002,533 9,360,535 $2,795,584 $2,423,175 $8,024,127 $6, 772,514 2,353,993 ;_ Net oper, incomeNet after —V. '2,021,818 6,631,543 5, 535,825 11 $3.26- ; charges 173, 1584,' p. Illinois Central RR.—Equipment Trust Certificates Of¬ fered—Halsey, Stuart & Co. Inc. and associates on May 18 offered $3,900,000 of series GG 3% equipment trust cer¬ tificates maturing semi-annually Nov. 1, 1951, to May 1, 1966, inclusive, at prices to yield from 2.20% to 3.05%, according to maturity. Offering of the certificates, which are issued under the Philadelphia Plan, is being made Interstate Commerce Com¬ awarded the issue on their bid of 99.70267. subject to mission. May 17 One of the approval The banking group were on bid other 99.571, also for received was Salomon from : , secured are by steel 1,000 box cars the of Co.; Otis Hutchinson McMaster x , , estimated to , members Illinois of Hutzler & Bros. 3s. certif'cates $5,202,500. Illinois offering Co. & group are (Inc.); Wm. A. G. B°cker & Co., Inc., E. Pollock & Co.; and Co.—V, .173, p. 1889. for Helicopters, was the per ranging 1960, in the name proceeds from the sale of the stock under the to be used for BUSINESS—Company is engaged primarily in the production, pur¬ transmission, distribution and sale of electric energy and in the distribution and sale of natural gas in the State of The territory served by the company comprises substantial northern, central and southern Illinois, including eight cities populations in excess of 25,000 and six cities with populations purchase, Illinois. in areas with between 12,000 25,000. and CAPITALIZATION GIVING EFFECT TO NEW Authorized •First mortgage series due-1976 3'/e% series due *2%% series 23,i% series FINANCING Outstanding ^Unlimited bonds——_—; ... name changed. to Helicopters. UNtffiRWllkSBaEtS^Assoeiated with Blyth & Co/, Inc. and. Lehman Brothers ln.^he™«atterwriting are: Hay den,- Stone ft Co.; Burnham b Co.; Davis, Skaggs.-^€<0: and Wilson. Johnson & Higgins.—V. 173, p. 1889. 1978-- due $45,000,000 15,000,000 — 1980 15.000,000 r —— 10,000,000 v 1979 due underlying • • . , was*- are chase, 2%% 1 incorporated in 1945 share. payment tNon-callable 1951, Offered—The First Boston a ~ Inc» _In> March, Co.—Stock of $2,000,000 of short term bank loans made financing construction and the balance for new construction. proceeds are to be used for plant expansion, additional machinery, for working capital and to re¬ , Power ly headed an investment group which offered on May 14 a total 203,594 shares of common stock (no par) at maturity, prices called as i^manufacturing its^helicopters solely for military use-and its current $L7T7ri78 ^5,^3.^3^^ ^c^^ ®LnniHtary;orderjs Is in excess of $18,000,000. " , ' 173, p. 380. if on option i>tf /feHilleE__Helicopters i^ engstged rim the design, development: and sale of helicopters. According''to-'.the -prospectus,, the*.company Is presently "" 400.000- already than more production 70,000 Idaho Maryland Mines The net outstanding loans. United '565." * the at 4T950 *'v 428.302 —^ \- 120% County, Calif. The company p. Hiller - redeemable BUSINESS, etc.—Hiller Helicopters is a Citilornia^corporation hav¬ ing its principal plant and executive office Palo Alto, San Mateo . NOTE—Above' includes earnings of Ton! Division.—V." 173, ■ from purchase of duce $8.$0 .7 are PROCEEDS—The $2,476,621 $'3.24 *$0:84 1 is has that and ' PROCEEDS—The Debentures Offered—A syndicate Plus accrued interest to dgte of redemption. ' the for preference — whole or from time to time in part, upon 30 days and not exceeding 60 264,877' 3,007,469 Cr76,118 earns. items acquired 1 • company contracts 1793. p, $33.62V2 $83,389,625 1793. debentures downward — j has — —V. 1951—12 Mos.—1950 $19,417,779 $18,017,336 $86,694,663 Hiller Helicopters $5,465,887 270,054 - contracted defense Corp, and Merrill Lynch, Pierce, Fenner & Beane joint¬ 172, p. 381. headed jointly by Blyth & Co., Inc. and Lehman Bro¬ thers on May 17 offered an issue of $2,500,000 5% con¬ vertible income debentures, due May 1, 1961 at 100%. excess Provision against unrealized Earned *$0.7d giving I950t—V, 172, December, Howard Stores Corp.—April Sales Decreased 20.5' $1,500,000 basis." will use the funds for working capital.—V. Period End. April 30— sales 1949 $7,513,691 288,906 domestic in after term. Net company 1950 $9,641,203 ___^ Depreciation Foreign 937,74? outstanding now Large Gov't Orders— Government Period End. Apr. 30— The 1 capacity, now in process of building, is ample for the needs. C. M. Higbie, Detroit financier and chief promoter project, on April 12 let an option on the site of the proposed near Trenton, Mich., expire.- See also V. 173, p. 760. from 1,882,643 the'Canton, The company 10-year a Under $8,495,000 *$0-93 Gillette Safety Razor Co.—Earnings Higher— 3 •1,456,559, $0.J)6 Sales 1792. steel Profit 1950 $5,208,871 .1,806,083 _ 1988. has new 173, p. for the mill 1951 $5,980,206 taxes Ohio, area and Hattersley said the defense work is planned tiie company s output of electric cleaners tional horsepower motors.—V. 166, p. 760. nation's of 752. p. ($ Subs.)- -Earnings— with equipment cost¬ new cars, cars (The) Hecht Co.- -Sales Increased 7.8%— Cleveland abandoned large $0.37 non-recurring profit.—V. Steel Eaton, as 171, President, Etc.— elevated succeed to $14,500,000, p. Ground 1951—9 Mos.—1950 $2,793,000 $13,708,000 49,000 717,600 285,600 share cents' share per outstanding company Operating and John M. was 173, The 1951—3 Mos.—1950 income after taxes- 19 $3 Mr. to laboratory at the corporation's research center in Harmarville,: Pa. The building and equipment will cost an estimated $1,100,000; and barring material hold-ups, it will be completed in about a year. ^ Gerity-Michigan Corp.—Earnings— •Includes of 150,000 ^outstanding.—'V. Hattersley, President, reports that the The in cost Period Erd. Mar. 31— com. now Alter sharedpreferred against'40,00d have an 1477. per par will 1,882,643 capital shares 100% stock dividend paid the of some $50), (par 1699. p. Gulf Oil Corp.—To Construct 64,874 Sales Earnings Indemnity^ Home the 2480. Other Net of 000,000 of additional first mortgage bonds later in 1951.—V. . Haloid Co., Rochester, N. Y.—Bank Loans— . value par a latter the on $15,000,000. in of Pennsylvania Greyhound Lines, Inc., an affiliate, each to guarantee the payment of o.ie-half of the $900,000 3% %, mortgage of the Greyhound Building Corp., New York, payable $13,907.63 ' quarterly over a 25-year period.-^V. -173, p. 476. : ■ 209,501 29,351 173, p. the has obtained short-term proposes to continue temporary financing Greyhound Corp.—Guarantee of Note— $676,219 51,389 oper. after shares to Idaho . 229.450 irom the? 7. issued prei- sale at $100 per ,, $723,953 $663,973 " $756,199 1943 income.— from presently other Income— income 975,000, cn of as nearly hopner The From Jan. 1— Gross shares' Pri¬ of iinal a , services.—V. . 1949 railway___,___ oper. p'aF, the preferred approved; by approximately' $6,500,090 to $17,500,000. of $ll,00c,00o in 110,000 preferred shares-of $5 and effect presently interest rate an 1953 ~ . the of —V. Georgia Southern & Florida Ry.—Earnings— March— Gross the stock , The 300 1376. o. of all owns the common company, outrtanding of •Based . Net -from —V. from Indemnity Capital ap¬ to working capital and will plants, the purchase of new new shares. March Pool ing $733,423 136,013 1,802,299 railway______ oper. lncome___ 93,706 * Place'Loans Inc.—To Great Northern Ry.—New 1948 $745,043 126,096 from reduce to been Earnings per share_ From Jan. 1— Gross have i. 1949 $819,429 income oper. increased Uncollectible G. t, J. 951 railway. railway $5,000,000 construction armed company Frank Earnings— / , from from 247,392 ;;154,31Q ' $186,061 Batteries, with the changed man Georgia RR. ■ $2,789,718 340,371 r taxe"s__ income $0.46 ' by common 1 1988. p. add 40,000 , now of Hoover Co.—Has other corporate purposes. any cumulative On the York It > Grand Union holders- 2480. p. the 1963. authorized share. Co. of Quarter Ended March 31— J. common dividend cash payable June 25 Time Corp.—Secondary per be Sales H. amount for agreement made $35.75 Directors. Honolulu Oil Corp. 1950 $2,941,913 taxes— _________ or fractional New of Insurance additional preferred 110,000 Home proposed transaction has been completed, the Home "In'**' capital will be $1,500,000 And the surplus to policyholder* preferred p. additional funds provided will be available for the accomplish¬ ment of the company's $5,000,000 program providing increased capacity, particularly in the industrial division to manufacture storage batteries ■ stock ary Boaids of the tc the the Subs.)—Earnings— share- common total Offering—A second¬ offering of 9,317 shares of common stock (no par) was Downey, * sinking fund payments commencing in in 4Vz% General at The 1 authorized 17 the available due 1792. _ share has also per plant 26, page 7, under this heading should have equipment, is 173, Of be is estimated at $13,300,000 for expected that this will require through bank borrowings or the prgram inclusive. ; directors share. per issuance sale present issue Both acthns investment by the Home of outstanding and the balance will be added • Gemmer Manufacturing Co.—Stock Distribution— The , Daggett, President, on May 17 an¬ nounced that under plan of refinancing, this corporation has arranged to borrow $8,000,000 from three life insur¬ ance companies. for $4,400,000 of financing, additional in ,mfr. (& ' > Canadian Gould-National construction to will the the for European promissory note and the balance of the proceeds will be used to provide the construction of additions and improvements to property. company's Calif., start any way for The to peared under "Grand Union Co.," and does not refer in to Gotham Hosiery Co., Inc.—V. 173, p. 860. \ and 1839. p. would value) Indemnity's Correction—The item appearing in the, "Chronicle" of in Gardner-Denver company on May 15 requested SEC authorization ot first mortgage bonds, series due 1971. bonds When [, * Co., Inc. income Earnings sell $5,400,000 The authorize par $3 Home demnity's announce¬ Downey, 1 income and vately—Albert - at scheduled , profit, Prov. backfill Gardner-Denver Gas Service Co., Kansas City, Mo.—Plans _ to respective shares -of until run sales Net Republic of mine car loaders, rock drills, com¬ equipment, and pumps, for mining, con¬ other industries. The German firm involved manufacturing the $5 The to $3 the nose the end of 1952 and calls for complete T-28 wing, sti that it'willonly heed be attached to fuselage, and the necessary wiring,' hydraulic, control-and 3 Months Ended March 31— Net manufactures Fabrik now • and the trainer's Gotham Hosiery . the with Quincy, 111., the Economic Cooperative Admin¬ recently. It is also the first Marshall Plan indus¬ machines. Under asked (at of terred shares and 99%7r * tooling from at Calif.—V. pneumatic struction, oil and ; war fabrication canopies planes, tow targets, and radar structures, the " assembly of ' ' guaranty contract, covering a European for an American company's manufacturing granted Gardner-Denver be shares of the plastic Germany, according to the ECA report. pressors, will supplement present defense orders now-under-, : of istration announced trial manufacture ' v; 7; v i Home Plan other Co.. the June. 8,500 r " payments technical and processes Gardner-Denver will said. Moving will Gardner-Denver Co.—Signs Royalty Contract— firm's for of'The capacity 5000 8,500 3,500 Marshall contract Goodyear-Arlzona for enclosures ment other first dollar the company's Arizona operation, which during the last wings and tail surfaces for many of the nationl's warplanes. envelopes 8,500 173, p. 1889. The $0.17 at »At 5,000 Inq.<.. multi-million 8,500 3,500 Brothers & $0.22 share—, common 1792. wing and empennage assemblies for North American Aviation's T-28, an Air Force advanced trainer, has been awarded to the Goodyear Aircraft Corp., for its plant at Litchfield Park on the outskirts of Phoenix, Ariz.. 8,500 Stroud -to Co., 8.500 Hcrrman - 5,000 Stern 8,500 162,500 $263,080 Goodyear Tire & Rubber Co., Akron, O.—Contract— 2,500 L. F. Rothschild to Co._r Stein Bros. At Boyce___, 5.000 . per the Indemnity CO., th«* casualty and surety affiliate of The Home Insurance Co., the latter1 company has offered to invest $11,000,000 in the Home Iridsmmty A preferred stock. For this purpose, stockholders of the Home Indemnity' from 6,000 Co Trie Robinson-Humphrey Co., Inc. 8,500 Fulton, Reid & Co Granbery, Marache to Co._ Haydenr Stone & Co.__ Hemphill, Noyes, - Graham, Wells to 293,851 $332,026 ___ increase -.7 ' . in order to value 2,500 Reinholdt At Gardner Reynolds to Co 5,000 2,500 duPont I. 6,000 —- Co., Inc._ Co. ec L.__ > Paine, Webber,, Jackson to Curtis— 1__ H. O. Peet to Co._ Edward A. Purcell to Co 8.500 Cruttenden -Mullauey, income taxes—— —V,. 173, p. 5,000 Merrill, Turben to Co._! Brush, Slocumb & Co—___ 2.500 Caldwell Phillips Co.__ _.3,500 income taxes income Earnings 3,500 5,000 to Co.-__ 425 580 Home Insurance Co., N. Y.—To Increase Investment in Affiliate— Sc McCormick Ac Co._________ 5.000 ; _ Marx . Net 11,000 Rhoades I Loewi to Co. _J1 8,500 Co., Loeb, i950 $5,088,562 625,877 — 8,500 5,000 Brothers M. belore Subs.j—Earns. 1951 $6,684,679 . _____ Provision for 8,500 . Co.. & Co. 3,500 J. C. Bradford to Co R. Hutton Co._ Bateiuan, Eichler to Co J. E. Johnston, Lemon & Co Kalman & Co., Inc.___-__ W. Baird& Co., Inc. Robert . Ilcrnblower & Weeks W. Piper, Jafiray & Hopwood- Arthurs, < 30,635 Shares .... . Pierce, Fen- Beane Salcs^ Profit 1 . Brewing Co. (& Wholly-Owned Three Months Ended March 31— ' name: Lynch, & ner Goebcl below; and each" of the underwriters had the (number of shares of common stock set Shares Goldman. to- sell to each named purbhase, (closed)5% , , * mortgage bonds, due March 1, 1959 (St. Clair County Gas <fc Elec. Co.)_ Sinking fund debs,, 2%% due 1966_'_ - pfd; stk.,-85tr par value per shr. 4.03% cumul. pfd. stock — ,4.26% cumul. pfd. stock —150,000 shares Common •Additional may be Co. (without bonds (now •. -1 *"•'»'« „150,000 par valuO__ of- the- series • 2,560,000 shs. 5.000,000 shs. shown above, or of other series, the ^mortgage vupon compliancfc with the terms principal and interest by American Gas dissolved).. Liability for such guaranty assumed by North issued "under American > _ 300,000 ShS. . outstanding stock thereof 1,233,000 8,650,000- $1,233,000 9,000,000 1,000,000 shs. Serial tGuanmteed -as :tO Light & Power Co. ' - 6 The Commercial and Finar\cial (2090) EARNINGS—Operating , This outstanding is Illinois of revenues 12 months ended Feb. 28, $7,800,748. stock the for Company Power 1, May on 28, 1951, or $2.78 completion of this new underwriters set forth named First The Boston Merrill Lynch, " & ner A. G. .Shares 35,757 & Co. Blyth 12,620 & Glore, Inc Forgan & Co Co., Wertheim C. & H. Inc Illinois 12,620 The 173, Newhard, Cook & _ Staats Co., 6,800 4,340 Fulton, Reld & Co 4,340 J. 2,920 Co Hurd, Clegg & Co Kirkpatrick-Pettis Co.___— J. Hilliard <fc Son B. The Ohio 1,460 1,460 1,460 covering $1,552,858 1,981 .2,423. -$523,539 $414,494 $1,550,377 380,229 296,870 1,097,023 $1,209,172 699,704 50 50 150 The $1,211,595 831 . of 150 Operating Net i Net property oper. 75.868 60,330 $67,392 $55,244 operating after 40,345 income charges «►—V. 173, 28,279 136,290, ... 235,971 1584.- p. International Cigar Machinery Co.—Earnings— i Quarter . Ended rentals Bales, March and 31— ' 308,952 $3.75 for Federal income 508,357 217,000 taxes are to offered be 1051, the at held. then share* terms Net ■ profit Common Earnings —V. 172, $0.51 2024. p. '' Years Ended Jan. 31— <-1951 t *1950 $ sales Profit bef. Federal 3,433,639 1,885,922 N. 2,700,700 3?rov. Fed. for 4 income taxes 2,388,016 1,370,000 725,000 1,110,000 Linnton divs. Gash $1,160,922 $1,590,700 $1,427,016 655,773 Earnings 617,892 617,892 617,892 173, paid share— per ♦Based V. ——- ;/• LIFO on J $6.68 $5.15 $3.76 k inventory valuation, ton retail and of 1, ment $4.62, of : L. L. to -The Stores, Inc. Current ■ fund sales shares of face inventories.—V. Vice-. Rapraeger, investment certificates Sales for The . 173, p. 1989. " , , " stockholders 100,000 Shares later -Issued of voted 5 to create authorized an yekr to mining and the of facilities asbestos defense May on M. L. research milling national ,to meeting - of were to and enlargement of operations increase** Johns-Manville described stockholders to Cassidy, Chairman of reported the the that Board chief and Johns-Manville to officer All produce amount of materials for defense" and. that the company has problem of converting production for defense because Johns-Manville' are equally important in a peace or war economy. Ir. discussing the company's expansion plans, Mr. Cassidy said no products, •that the research new building now under- construction at the insulations, clothing and and filters other for radioactive projects .which will improved fireproof vital role in military play a Cassidy said that exploration work the at Asbestos fibre is a strategic shortage of Mr. Cassidy reported pany's principal mine, the that - company's new and there currently ings 1941, exists $22.10 in to 1945. $36% •value per share in In per 1946 share in of asbestos fibre at the com¬ book 1950, 1941.—V. 173, p. value or $24% was more than share, per double 1890. the . in¬ Exchange on May 16 by Paine, ^Jackson & Curtis after the close of business on shares stockholders inactive-since been used , to on pay June off 25 by will vote on a 4% per annum, bank short-term Net ry. oper. from Net from Net ry. y income— railway__j_ 173, p. will not . 1951 $280,857 ! 1479. be Controls F. C. Weems, President, and associates, on April 27, sold to Valley Gamp Coal Co. a total,of 8,611 shares (over 87% i of the 3%% cumu¬ lative prior preferred stock and 32,484 "shares (75%) of the common taxes. Prov. for State inc. Net -V. 2,009,283 taxes) 936,090 800,283 731,705 2,137,445 897,215 854,625 399,890 519,568 295,667 254,885 227,367 176,089 65,000 100,000 175,000 $1,672,919 $1,866,066 > (other conting™ profit; profit per sh. (948,Shs. outstdg.)_C— " ; 1377: ■- • tax, loss 1949 ' . $230,786 40,000 24,518 626,394 " sales inc. Prov. for State inc. Gross . r from -V. 171, p. ry. 9,583 *. - $0.96 • . Completed—Blyth *: 1950 $3,942,503 ♦882,675 242,359 10,710,689 '811,349 ♦570,695 10,925.933 -♦504,367 11,508,067 } $4,025,863 $3,723,598 ♦116,845 183,746 income___ 1948 1949 - $3,720,100. ♦101,575 railway. oper. Net from ry. railway__ 11,319,477 1 ♦4,948 334,568 700,669 156,742 241.471 24,262 31,622 ; income. ?1,795,419 '3,332,860 173, p. ♦2,739,840 1479. -Louisiana & Arkansas Ry- -Earnings— 62,177 * - • March— $7,354,557 80,871 1,830 . $7,058,049 $31,991,482 $27,969,447 89,187 148,003 254,336 - 2,045 $91,232 7,645 $155,648- 0102,125 "$152,211 1 ry. oper..-income.. taxes tax. (& Subs.)—Earnings— 1951—3 Mos.-r-1950 ^8,53.0:884 34,053 ' 1,830 1951—12 ' s Mos.Cl950 $8,058,163 $32,998,147 $30,604,767 75,293 201,070 . 651.437 2,045 $73,248 U,Q04. Cr238,€75 * $190,066 "7* $412,762 1950 1949 1948 $1,650,036 $1,634,607 $1,594,445 663,143 634,002 657,166 .233,-586 railway railway.. from > 1951 $2,012,625 748,254 . from Gross Net 1951—12 Mos.—1950 r 323,557 309,240 ■ 248,932 .♦ From Jan. 1— Gross from Net'from Net ry. railway railway 5.832,786 4,796,866- 4,562,963 4 2,118,773 1,952,122 1,619,716 1,896,614 681,063 - .* oper.' income. 940,616 770,825 724,889 . 569,290 -rV. 173, p. 1479. Louisville 8c Nashville RR.—Earnings— Gross 1S51 from: Net from Net ry: nrlway railway oper. 1950 " 1949 1943 $19,163,946 $16,395,062 $15,507,347 $17,520,832 4,217,155 3.385,326 2.410,842 3.178,608 J ,811,637 1,172,214 1,485,499 55,265.152 ' 43.072,321 6,519.707 47,078,313 7,560,057 51.386,573 8.487,529 3,245,290 3,830,023 1,817,764 income From Jan. 1— Gross from Net-ry; —V. railway..- railway oper. )73, p. 12,488.781 income_u_""v' 1794. 5,490,359 J ♦229,637, ♦1,129,009 ♦2,269,914 rallway_™__ oper. ♦Deficit—V. 40,430 .; 1951 . railway from Net 113,966 143,249 1 1951—3 Mos.—1950 $32,223 1785. ,■;•■■■. From Jan. 1— Gross $321,934 . from Net Net* from -profit . rates.—V.173,. - Long Island RR.- rEarnings— March— 873,982 129,799' $82,611 Period End. Mar. 31— ,Net , Inc., as dealer-manager, on May 16 announced the completion of an offering of 20,000 shares of common stock (no par) at $14.50 per share.—V. 173, p. 1989. 1948 51,062 Lehigh Valley Coal Corp. before • Long Island Lighting Co.—Offering •• • . 171, p. 1785. ' Profit •„» $1.67 _ in foreign exchange against decline provision $913,736 $1,586,713 • $1.97. $1,76 March— ' 1948 3,575,415 & Co., • 71,024 • sales™™™;™ inc. i 1949 1950 inc. taxes for ^Special p. (& Subs.)- -Earnings— 3,918,450 inc. Fed. Net before Super-Constellation now $9,594,705 597 the Lehigh Valley Coal Co. (& Subs.)—Earnings— Loss primarily is accounted for in com¬ countries of the- wor'd for the, many 1951 charges Net Net loans.. 1950 -$244,225 326.797 income™ Period End. Mar. 31— Gross in 5,107,121 taxes Fed. ♦Reserve - —V. the Lockheed raise * - railway oper. Gross JKaiiawha &> Hocking Coal & Coke Co.—New for for Misc. proposal to increase the • 816.417 ^ mrailway____'. ' railway From Jan. JL—. Gross backlogs contracts before taxes, etc. than 20-year 106,329 ^ fro will $14,911,353 $13,252,653 $12,650,931 Prov. bonds, with an proceeds of which are The balance of the used immediately.—V. 173," of $6,000,000 , from the "of airline Net May 16 — , some into Lone Star Cement Corp. Lehigh & Hudson River Ry.—Earnings— Gross big year in 1952." Production under 1953; Mr. Gross stated. a extends negotiations Sales 1923. 567. Net est mated • 810,000,000. sell ($4,000.0001 power and are indebtedness borrowing Webber, at $33 .per share, with a dealer's discount of 80 cents per share.; R was oversubscribed and the books closed V. 173, p. 1989. f have company plans to •interest rate of less than ; Joy Manufacturing Co.—Secondary Distribution — A offering of 19,000 shares of common stock(par $1) was made after the close of business on the New Stock sales 3 Mos. End. Mar. 31— , Prov. / \ pompany transport, and the forthcoming going into production.—V. 173, p. 1989. used to pay for drilling and to make payments on options, $30,000 first quarter sales were He predicted that 1951 President, Gross, E. that balance Income provide Robert Constellatign net proceeds are to be to t of-at approval Navy. The mercial book secondary York and . 4 production the > of this Colo.—Stock Offered— public offering of 88,236 stock at par ($1 per share), common March— world, at Asbestos, Quebec, had Plans for the future call for construction .7 v backlog to more than $850,000,000, not including any production contracts at the Lockheed Georgia division. Approximately 85% of the backlog is for military airplanes, including the .F-94 all-weather jet fighter, the,* P2V Navy Patrol Bomber, and the T-33 jet trainer for the Air Force (James) Lees & Sons Co.—To Incr. Authorized Debt—' p. 1377. stock outstanding, contracts Current outstanding present the plan, "The a < have increased the value of the stockholder's investment. In the book value amounted to $17.79 per share, and - increased creasing Approved— approved the proposed merger fibre. mine to -replace the present mill, he said. discussing the book value of Johns-Manvilie common stock, Cassidy pointed out that in the years 1941-1950 reinvested earn¬ Mr. April 26 the and mines 20,365 be 40-for-l split.—V. 173, p. cdmpany in "position for corporation has 741,051 shares issued, of' presently held in the corporation's treasury. There are presently unissued 258,049 shares, out of a total authorized issue of 1,000,000 shares.—V. 173, p. 1890. to a of out current > i CAPITALIZATION—The which The largest in the been increased considerably. >of a new mill at the Jeffrey to material the of . Munro asbestos mine in Northern Ontario is being pursued to determine if there are additional asbestos ores available. The mill at the mine is so constructed that its capacity can be doubled at any time. •world-wide expenses authorized dusts, civilian defense. Mr. com-, com¬ pany's Research Center near Manville, N. J., would provide room for a number of projects important to the nation's defense, including the scientific development of substitutes for critical materials, jet aircraft blanket also is to be paid fa. * approximately $200,000,000 for the calendar year. He' the impact of heavy taxes, added to a generous appropriation of over $8,000,000 for capital assets, probably would cut into the year's profits. He added, however, that, the heavy, "raake-readv" spending for increased war production would nut the pointed BUSINESS—Corporation, Incorporated in Colorado on Aug. 25, 1945, as owner, or as a lessee, controls, in whole or in part, the Horseshoe Consolidation, consisting of 145 patented claims and 22. unpatented mining claims, with a total area of approximately 1,433, acres. The most important units of Horseshoe Consolidation consist of lead-silver-zinc mines, known as Last Chance, Fulton and Hilltop. annual executive "expe.cts the, of amount the of the first quarter of last year. "very satisfactory year" for the o. either great a >j£< etc., and for working capital. for contribution* at 5% . to sales total ! a PROCEEDS—The • 11. corporation, stockholders.*>n other Johns-Manville Corp.—Expansion Plans Discussed— Expansion to equal over be wouid of 191,000 shares be-n • 10% up without underwriting. (par $100), a part, of which may be finance the company's construction pro¬ 1276. p. See V. 173, p. 1989. the capital According ' Detroit Stock Exchange the on at which time registration additional shares of of issue preferred stock this gram,—V. 473, April on traded was 1951 to of stockholders.. The company on April 25 made a ■ . fee a * *A 5% commission of -the preferred shares. least a majority of the 1,125,704 the compay plans to increase thei authorized capital stock (par $1) from 1,500,000 shares to 3,000.000 in order to effect a two-for-one split up through the issuance of one additional share for each share held. The corporation has 9,156 Leadville Lead Corp., Denver, Iowa-Illinois Gas 8c Electric Co.—Preferred Stock Ap¬ proved— receive sale value, to effect 8ubject stock will be exchanged, share-forrshare, for stock of the Delaware corporation,. which will have authorized 400,000 shares of $1 par value.—V. 171, p. 361. May are expected to establish a new monthly high of $45,000,000,rMr. Clark said.—V. 173, p. 1071. all-time stock corporation,* Under distributed announced. will the Lockheed Aircraft Corp.—To Split-Up Stock— at 139 Pennsylvania corporation,'with La France Industries, Inc.,* wholly-owned Delaware subsidiary. The lattgr will be the surviving a mutual" and The employed John J. Oxley and Jay A. Williams to seek out, the qualifications ,of those proposing membership, for which-they par — La France Industries—Consolidation company, by this corporation are 16% over the, com¬ parable period of 1950, Grady Clark, Vice-President and General Sales Manager, otherwise qualify for membership. ; ' Services, Inc.—Sales Up 16%— amount subscribe', tor one. share of the association s com-; • of the loan, which is expected to be common -The Investors Diversified « . „ association Is -cooperative association organized in February, which proposes to engage in the production of plywood from both domestie^soft Jroods. and imported hardwoods. It intends to conduct its production operations at -a site in Linnton, Portland, Ore. . Members: of..the association will be lts employees, each of whom, as a condition' • . registration statement with the stock of the par value o{ the par a The , is company £ame effective. , . filed 1951, And K. A. Hornschu Is company, The company's offices are located Nevada.—V. 173, p. 1193. * Reno, moncing May 10, mortgage , JO shares of preferred capital stock of Value of $2,500 per share. consummated about will be used to repiace -funds to be expended for the retire¬ .preferred stock on June 1, 1951, and to finance heavier mcr**-. chandise bonds, 3% series due Jan. 1, 1980, are available for delivery in exchange for temporary bonds, at The Chase > National Bank of the City of New York, 43 Exchange Place, New York, N. Y.—V. 173. p. 1071. ; ■ •'V• ■ ■ \ - May on shares of common capital $5,000 per share and 200 -respect --of Kysor Heater Co.—Listing— first J apprpved a proposal to increase the $1) from 500,000 to 750,000 shares.— ' -- Association, Portland, Ore.—Regis¬ Exchange Commission— Plywood SEC covering 400 To Mine xo mine Treasurer. St., The proceeds June inventory basis.— Interstate Power Go.—Definitive Bonds*Ready— Definitive (par , is President of the 1478. p. i . , association The , stockholders by To Borrow from Insurance negotiating with an insurance for a term loan of approximately $2,000,000 to ma-. in equal instalments over a 15-year period. firm 961,000 $2,063,639 ——r profit issued outstanding only Kobacker ture •Net ap¬ ters With Securities and with the SEC one 'Products inc., tt.eno, niev. Reno Nev rrooucis, Inc Hornschu Firm—This • • p. stock 23 1072. 173, shares inc. —;— shares Virginia • taxes April on common V. additional share for each subscription price and underwriting amendment. Blyth & - Co., Inc., and of stockholders The 62,813,948' 66,886,994 1,000,000 shares and covering the Secretary '$ "3 61,75?,079 to 500,000 from company, H.. B. 11948 11949 $ 65,508,303 voted to increase the authorized com¬ 26 value) Deposit"- > 50,000 Net by subscription for rate The supplied -be President. Interstate Department Stores, Inc. (& Subs.)—Earnings : April on par "»: ; -rV: The association intends to utilize- the net proceeds from the stock' which on April 17 filed a letter'-of 'notification* with •,>: s51e''fpr' the" improvement of. the; plant' site land the; acquisition of proposed issuance and sale of 200,000 shares of plant facilities and machinery. " ; ' .' *> common stock at $1 per share, was. formed for the marketing, : mining and exploration of a marine fossil deposit knowm as Cape Kiawanda, •. Lock Thread Corp.—Split-Up Approved— " 7 which mineral is a valuable ingredient for such px'oducts as soil cor-1 The stockholders on April 18 voted to change the authorized capital, rectives, animal husbandry, pharmaceuticals, cosmetics and food pre¬ stock from 50,000 shares of no par value to 500,000 shares of 10-cent servatives. The corporation is capitalized at 1,500,000 shares, with This .• 120,000 $0.49 (no stock option plan for full time employees.—V. 173, p. 1479. a authorized V: J ' fOSSll 600,000 share— per to Kiawanda iviawanaa $308,590 150,000 600,000. distribute Lincoln Park Industries, Inc.—Stock Increased— , The ,165,000 $291,357 ... ,__r_ shares outstanding™—___ stockholders 'stock proved Hilliard & Son are named as principal the SEC Dividends vote and the common . May 14 filed a registration statement are 23. May J. J. B. 1950 '$945,326 473,590 .;,T- . will company $2.58 $0.20 • $1,039,982 __ 'Profit, before Federal Income taxes,,..,™—,—■ Provision 1951 «. royalties™ 19.404.203 2,754,753 771,895 Lily-Tulip Cup Corp.—Capitalization Increased, Etc.— mon underwriters,';w , . , net-proceeds nof the stock sale .are to be Used to pay, or reimburse the'<cofflft&ny Sox, -a -part of 4he .cost of property additions 169,846 and betterment®. The company estimates that its construction program* $139,472' Will require expenditures of $10,650,000 in 1951 and $18,890,lHMXiirl952. This (program 56,174 is expected to -require an additional financing in 1952.; The construction expenditures for 1953, ; .ently estimated at about $16,250,000; but the manner v expenditures will be financed lias not been determined.—V. 172;^ vVi $217,733, taxes stockholders the The $798,000 308,952 shares-of its $10 par common stock. 260.071 shares record seven Kent 17,332.864 3,000,830 1,310,808 May 28 on approving a proposal to dis¬ its assets. It is expected that on stockholders will receive for each share held 4% shares of Glen Alden Coal Co. stock,—V. 157; p. 899. t $1,156,000 $0.12 308,952 - Operating revenues Operating expenses 15,173.550 2,555,695 872,054 1377. liquidation is company The company on $415,325 ' 625 rev.. income Lehigh & Wilkes-Barre Corp.—Plans to Dissolve— The ! 1951—12 Mos.—1950 $38,000 308,952 $63,000 taxes- . 1951—3 Mos.r-1950 1051—Month—1950 $524,164 revenues Uncollectible oper. 18,528,648 3,392,645 1,577,710 railway. railway oper. 173, p. solve doubling its production of burnt dolomite at its Gibsonburg, Ohio, plant and $1,200,000 has been appropriated for this construction. This product is sold exclusively to the steel industry and is used as a refractory product in the lining of open-hearth fur¬ naces.—V. 172, p. 2221. The Telephone Co.—Earnings— Period End. Mar. 31— Operating ry. —V. Kentucky Utilities Co.—Registers With SEC— Indiana Associated $6,891,927. 1,365,232 596,221 ' 1,460 Company after income Capital shs. outstdg Earnings per share 2,920 1,460 1,460 Inc. Julien Collins & Company. 557,548 $5,773,384 1,037,783 550,651 income—i- oper. from from Net Net Co.—Earnings— 1951—3 Mos.—1950 Period End. Mar. 31— Net 2,920 R. ry. , $5,638,179 1,324,369 830,697 $6,260,628 1,126,163 k Kelley Island Lime & Transport 2,920 2,920 Co of Cali¬ fornia 1793. p. Company__ Company William Co. & Chapman & Co,__ Pacific Bacon, Whipple & Co —V. Expand— May 11 construct con,pany..pn 1890. p. 2,920 2,920 Milwaukee Company— 6,800 & 2,920 (Incorporated) pany Company, Marks M. 2,920 2,920 Com¬ and Farwell, . Walker Co., The Harris, Hall & Company (Incorporated) G. H. & Company 12,620 Incorporated. Laurence & 12,620 8,740 and Blair Byllesby M. 12,620 Co Allyn Baird W. Incorporated Kidder, Peabody & Co Smith, Barney & Co.—, A. Robert William Net 1948 194S* 1950 •*~*1951 railway railway. from Gross applied to the Federal Power Commission for authority to additional pipeline facilities in Nebraska and Colorado to increase the capacity of its natural gas transmission system from the presently authorized 164,200,000 cubic feet per day to 182,600,000 cubic feet daily. The facilities, estimated to ccst $976,330, would be used to provide additional gas for the increased demands of the company's existing markets and to serve new markets in Nebraska and Colorado.—V. 173, The the respective number of shares 35,757 Corp from Net before May 31, 1951.—V. 173, p. 1989. on or 1 March— Gros3 Bankers Trust Co., New York, to certificates Monday; May 21,1951 Lehigh Valley RR.—Earnings— ■ the their .. . From Jan. 1— below: Pierce, Fen- Beane Becker share for the per *,•,•.». should deliver transfer agent, severally have below Shares • and $30 •. with connection Kansas-Nebraska Natural Gas Co., Inc.—To stock common the preferred for same 1951. UNDERWRITERS—The agreed to purchase from the company of share per offer the number of shares to on $100 purchase. Valley Camp Coal Co. made the offer to other stockholders. Stockholders desiring to accept this In be outstanding at the financing. Quarterly dividends totalling $2.20 per share were paid on the common stock of the company in 1950. A quarterly payment of 55 cents per share was made Feb. on at common, 1951, totalled $47,131,332 and net income was to $3.01 per share on the number of shares equal Chronicle 4,119,345 , * Volume 173 Number 5013 . . The Commercial and Financial Chronicle . f (2091) Lower Valley Power & Light, Inc.—Granted License— i Federal The > Power 50-year license to -maintenance of Commission this hydroelectric a on corpcrtion coln County, Wyoming. The project is estimated May for ordered 11 Issuance added general the of and will be ..... company ' . operates available for air an the Lynch Corp. (& Subs.)—Earnings— Three Months Ended March ; Net income after Capital, shares Earnings •—-V. 172, taxes— 292. p. after $199,990 450,000 _ , share-' per Operating ■ ' 1950 1951 <■ —_ outstanding / $230,854' CAPITALIZATION $0.43 EFFECT TO May 4 1, "convertible debs, ——L—J——J $2,000,000 Manati Sugar Co.—Tenders— The .Central Hanover will receive proposals of of amount an sufficient to Bank to up 20-year exhaust, the Trust & 1 4% sinking of sum Manning, Maxwell The corporation SEC covering The < 'have •share -The be record be filed date, by offered their stock for the the due the ' . sale $1,597,150 Feb. 1, with hangar, tan common stock, $12.50 par value.; subscription by stockholders who each and rate held share price the on of 15/44ths the underwriting Hornblower & Weeks record terms and of principal underwriters. Since the proceeds use as working capital.-^V. T73 p." 8. ~ 173. McCord Corp.—New Process Developed—; of revolutionary soldering new for process in use the . May 16. Called. the. "Coronil rBold.erjit»g Process,", - series » 1951, under use does boiler as not fuel electric its in make to propose the , 1,641 ' • • • Stock" of- Purchase . - stock common Plans have and 75,000 Co.„y._*r,-^._ .100,Q00 Hcrntlower & Weeks^. 200,000 & remained to -f-v.-iwa. p. j794." *• t profit Number 5, • 1951 1950 ■ ■ $46,659,847 $35,846,974 6,782,105 4,720,775 4,209,387 1,894,809 $2,572,718 $2,825,966 879,605 800,000 $2.93 T *$3.21 shares ' share.. per Adjusted to reflect payment of 10% stock dividend in January, —V. 173, p. 8. Mountain States Telephone & Telegraph i : 150,000 Period End. Mar, 31— 1951—Month—1950 Operating revenues Uncollectible oper. rev,., 100,000 21,489 ^♦ Opera-ting revenues J. Operating expenses Operating taxes 75; 000 $8,318,195 . 041,554 ; .*■ Hete- operating income after chargesc Scrip Certificates $755,044 $745,467 573,799 , 534,092 -Net soldering fluxes bearing ;'. The-company's capital stock scrip certificates, series B, are redeemdiscovered by McCord .and devej-, able- at Guaranty Trust Cq. of New cooperatively ..with Mathiesonj.i -These M.C.C. fluxes are suitable York, at "the rate of $.26448 for in joining most of the ♦'^ach l/OOth of ;a'share.—V. 173, p; 1990^, " ' commonly used metals and produce ; , ,r > solder" bonds of highest strength; leave no corrosive residqes-and "eliminate .corrosion of plant equipment. ...J m f —V.^73, 1700, p. , Co.—Earnings - $7,358,642 $24,557,413 $21,351,292 5,739;619 ~ 18,807,000 16,776,092 873.55!; .3,300,143 2,494,110 6.521,597 . 1950. 1951—3 Mos.—1958 $7,384,351 $24,622,421 $21^30,031 25,709 65,008, 78,745' $8,339,884 .... 200,000 , '—I— capital sub¬ $150,000 ... Mrssinn Development Co.—-Redeems . of " - r. • . $0.86 6. p. „^ Earnings White & Co^ -• *'• • '. **■ ■ • $730,888 $0.98 Profit before income taxes Prov. for Federal income taxes Walstcn," Hoffman &/' Goodwin -4- $832,594 —^ Quarter Ended March 31—' Sales - 100,000 — ■ offered issued been 171, Net which 1950 $1,148,206 417,318 948,320 : Motorola, Inc.—Earnings— initial the now 1 income —V. ; at debentures 1951 $1,780,914 taxes share ' • , income income under - issuance, for the of shares Co.J.^JJw Cchu thbnovel-",ohejnioal- generating sales of natural any ' ' (est.) / - • — - Burnham manufacture own taxes Metropoli¬ made Brbthers_J.J-.I_ $400,000 ' Morgan &- <3o.__ : Inc, J. 300,000 • Reinholdt-&Gardner— JBall,»Bulge'& Krausl.i.- .150,000 v I. M. Simon & Co.__L— automotive * Paul been Lehman « i . have .'Kalman & Co., radiators and other heat exchange equipment has been developed by this corporation in cooperation with Mathiespn Chemical Corp., Baltimore, Md.t it was announced on jnetallurgical method employs a new "the trade name M.C.C., which -were 28, conversion upon Barret, Fitch & Co., Inc. " public •» 2482. p. before Net respective underwriters ' named below have severally and not jointly, to purchase, and the corporation has agreed to sell to them, the respective- principal amounts of debentures set after their names: ^ - ' ■ transported through the combined facilities solely Earnings per common UNDERWRITERS—The f agreed, * A loans • scribing employees. " 1794. p. Minneapolis-St. * rate, Feb. issuable C- Mathieson Chemical Corp.—New Process Developed-rSee McCord Corp. below.—W. t at -no 1951, present intention for such issuance. $Not including 180,000 shares reserved . retire for facilities 15, May of agreement. conversion Dodge ^accrued '"available and service As no to are Clark, be Power's company 172, Federal 200,000 shs. therepf of the stock sale, the company intends to redeem the $281,000 of cumulative preferred stock at par plus dividends, and plus a premium of about $2,600. The balance of the net proceeds will be added to the general funds of the company and * (par $25) Profit $417,114 stock date. " Three Months Ended March 31— - 1,000,000 shs. tThe charter of tho corporation permits the issuance of its preferred in series by resolution of the board of directors, but no shares have been authorized for issuance and. the corporation has , a FPC. Motor Wheel Corp.—Earnings— 325,000 (par office Airport this the The "gas.—V. ®On Oct, 31, 1950, the corporation entered into an agreement with Fhiilips Petroleum Co. whereby the latter has agreed to lend the 'corporation not'to exceed "$325,000 for the construction of additional sinking fund, at statement notes stock •(Preferred stock Inc;—Registers With SEC registration interim 1957, • is to gas Montana plant. $1,597,150 1363 Common it to the is $2,000,000 *4% paying agent, for 8 bonds 1136. p. a for subscription as fund preemptive rights at amendment. named are From to additional supplied Co. & - is waived of 16 150,000 shares of its stock not 172, & Moore, May on June on $160,525 held in tprices not exceeding 102V2%.—V. / , Co., New York, as (EDT) p.m. from company Natural due mtge., notes 3 '/a % -3 %.. payable monthly, ,1951-1955 j.—_-— necessity The .for • Outstanding Chattel 1 : j FINANCING" Authorized '12-year' 1 ; PRESENT : proposed Montwift convenience proposing to build an 8-inch line from the Hark "Mountain Field in Wyoming to Warren, Montana, and to convert ah 'existing oil pipe line extending from Warren to Billings, Montana. income net , GIVING 430,000 $0.51 during i$5Q totaled $8,238,390. while $355,446. 1949 " $193,279 450,000 $0.44 , revenues- "taxes' was ' ' 31— _ ' i of and . ; , i Montana Power Co.—Proposed Construction-^ yc*"; The Federal Power Commission on May 9 found that the .construction of natural gas pipeline facilities in Wyoming and by this company will not require a certificate carrier system extending Gulf of Mexico to within 70 miles of the Canadian border, covering 3,992 route miles and serving 36 cities iu 12-mid-eontinental states. Cities served Include Chicago, Milwaukee, Minneapolis, St. Paul, Omaha, Kansas City, Tuisa, New Orleans and Houston, from * - funds purposes. BUSINESS—The company . i ... to cost $620,Q00. the corporate a construction, -operation and on Strawberry Creek in Lin¬ project to genetal of the j ' l > $2,450,270 J $2,081,P8A1,915,024 1,486;815 , .oped for use , £ McCord Corp., with eight plants in . 'and Canada, several the of midwestern states . March—' /. has been serving the automotive industry in the United .States and. C4nada for-, over 40 years, manufacturing radiators and other parts for Studebaker, Nash, Hudson*' -International Harvester, ♦Chrysler-of Canada, Ford,-Lincoln and many others, . . . Mutual Citrus Products Co., Anaheim, Calif.—Files—.1 The company on May 8 filed a letter of notification with the covering 5,000 shares of common stock, to be offered at par ($10 per share) to present stockholders^ without underwriting. The proceeds, are to be used for working capital. Mississippi Central RR.—Earnings— , from -'.Gross * "">'1951 railway.. . ' * 1950 • $201,566 •"""' ■"1949 $187,493 ; ,1948 - > $179,154 - $210,276- - f , Mathieson .Netrfrqm,railway'J \ ••'Net ry.'-oper. Chemical Gross Three Months Ended March 31— „ income after shares Earnings per —V. p. 173, all * share..- common ^- 809,252 537,165 ' (" 167,745 124.163 57,908 40,871 , oper,. income.^- 173, 1480. p. ' See 4 American Marietta Co. above.—V. 165, *5 from Net Net ry. Period End. Mar. 3l 1951—Month—.1950 ~ rev.. •Net l ■; , - — . "a Net operating income.; Net after —V. 173, $1,807,654 1,596,090 charges.... 1585. p. . r *,.,!■■■ . 1- c .' ;/.t C; • Earnings per ,^l.iAfter all 1950 "The adjustment able the SEC for has Co. the Hanover The loans not-received -ferred or Bank credit op, $3,000,000 chares common & ' Trust' Co. agreement by June the cr- It i3 antic pated manent financing maturity The i 28, that at * the bank ry: oper. bank borrowings for Mellon National has.issued 1951. to request a order an hearing request of American for Of stock.—V. 172, p. 382, from debt of will be time the sale of obligations retired prior giving interested the on joint 17,664.319 17.185,956 19.229.227 4,264,227 4,340,859 1.987,581 1,616,205 pointed out * that 3,398,207" 1,118,093 1,351,270. . revenues gross up of movement of-consumer It is -expected 1951,<- and is No. that 52, * the to for » pre- A Oct. dated * ,■' ' ' .* 1951 per¬ first iricorae__L""' 2,300,859 until which purchase the " 1950, ■ ; it' 'Iof 4."?J J' .- the 1,897,389 • - The- debentures per share itbrough through An _ In through May May annual 1954 are Service June 15 and retail and debentures 1, May 1958; 1, 1960, sinikng will will convertible fund extend be 1956; 1, and at when to at for $12.50 per share share per conversion the and stock common $14.28 4/7 the redeemable into 50,702,691 9,820,994 5,374,694 will expires. Of J 9,459,458 operative Under it the at plus accrued redemption purposes the debentures are redeem¬ able at prices -ranging from 103J/2% to 100 Vs-%; plus accrued interest. interest. „ For..general Co.—Proposed below.—V, Acquisition— 172, p. PROCEEDS-^A major corporation includes the construction Bt. Paul toward the purchase of a part -of costs of of the proceeds will be applied by the its capital expenditure program which additional aircraft and equipment and the new hangar Metropolitan- Airport. and The service balance unit of at the the Minneapolis- proceeds will be from . Net ry. - - at tions and from Net. from. Net 'ry. * shares . - ■ 173, p. (& 173, ; . $2,871,833 —— 1950 ' $1,247,038 155,400 101,732 420,000 420,000 $0.37 $0.24 —— of stock common \ since ,• the 2-for-l stock " 1951 1950 1949 1948 $557,413 $406,311 $501,591 188,283 85,516 178,180 64,833 128,751 *93,762 *21,507 income railway-—— ♦ income— 173, p. 1480. 744,241 128,568 754,322 .-25.58L *151,676 262,867 ; $1.04 — ~v $3,252^654- -535,014 $0.51 company, and subsidiaries at the end oif current assets of $7,378,029 and current liabilities 1585. p. /■ .. . *■ and applied six to and other the ' ♦ ' • • subsidiaries SEC $2,706,200 distribution of of for and of New authorization ' England horrow to amounts Central Light Co., conversion of their respective Massachusetts Maiden & Gas Northampton Gas Light Co., $400,000; $1,500,000, and Wachusett- Gas Co., $250,000. SEC a has interested given hearing upon in con- available the application.—V. 173, Gas in are: $400,000; Glou¬ Light Co., $3.- Salem Gas Light Co.,' J until persons borrowings Co., Melrose 000,000; The costs expected to be gas 1 $500,000; Gas for natural 1951. cester p. May 24, 1951, to * 1891. - New England SEC Securities association covering NEGEA of Gas & Electric Association — on its seeks May shares filed 16 stock common authorization May 31, 1951, one then outstanding (as shares tional to be also Registers an£ Exchange Commission— record offered would be a registration with Ibo ' offer for to subscription by stockholders common share for each eight additional of April 30, on . statement proposal. financing this entitled the 1951, basis to would number be 197,243 of addi-> shares). unsubscribed shares on the basis of one additional share for each share held, subject to 'allotment on a pro rata basis. The subscription price, underwriting terms and other details afe to be supplied by amendment. Proceeds of the financing will be applied to the retirement of -two $500,000 short-term botes held by Chemical Bank & Trust Co., New York, and State Street Trust. Co.,. Boston. Any balance of such proceeds' will be set aside for the purpose of acquiring under pre¬ emptive The the 2,021,160 1950 $6,036,824 ; — share— extensions, half companies The 1951 . Suhs.)—Earnings— 382. 279,572 railway-— oper. year.—V. 1951 Arlington," $1,200,000; $750,321 . ■ railway Deficit.—V. in the history year previous fiscal the have with the latter The , From Jan. 1— Gross the an aggregate of $7,150,000 from The National City Bank of New York. Of the proceeds, au aggregate of $1,025,000 would be applied to the of bank notes, $3,418,800 to construction of property addi-< request $149.50.—V. share—. railway—- oper. from payment . Show.- charges and taxes— outstanding—,— common 420,000 from Net 47% Light Co. - System Stockholders Mafch— Gross total Arlington Gas uectin ' 1438. Monongahela Ry. -Earnings— .. pf $2,416,854.—V..£73, Electric , split of last December.—V. 173, P> 762. •' become including May 1, 1962. the principal amount, after on just ended-^the best year over New England Electric System—Units to Borrow— 3,913,344 and J sheet March showed 50,481,872 < • 4Based Corp.—Shareholders on May 14 announced that "share-. Series now under 45,310 and hold 1,577,160 10.898,970 4,794,577 - shares up common per Balance ♦ Co.—Earnings— shipments at thereafter privilege debentures $11.11 1/9 thereafter ?.nd Monarch Machine Tool Common 383. p. f• A revolutionary midget-size automatic tape record¬ of repeating a sales, advertising or safety mes¬ Three Months Ended March 31- r^Earnings per Securities National Vulcanized Fibre Co. Earnings 1948 2,149,367 47,178,094 Distributors Conference and income Research Quarter Ended March 31— Net sales J. Net income after taxea time Net & President, . capable Net 173, which compares* with 712 shareholders holding 223,512 company, With Mid-Continent Airlines, Inc.—Debentures Offered-^-A purchase group headed jointly by Lehman Brothers and" Kalman & Company, Inc., on May 15 offered $2,000,000 of 12-year 4V2% convertible debentures due May 1, 1963. The debentures were priced at 100%, plus accrued int. above.—V. * ■ ( completely into production •" • Co. 662. S'r > 'l949J:!A. of - Jr., $29,687,000 far the fiscal p. ')* Known as the Message Repeater, the new device, which measures only g inches high, 5 xh-inches wide and 5 inches deep, is the invention this corporation, which has announced that the machine will go May includes $3,000,000 department semi-annually.—-V. 172, - Light Co.—Offer for Stock— Share - < . Public Parts construction shown ; : . & National the at •of 173, endlessly, or at pre-delermined intervals is being shown for the to appliance dealers and distributors at Chicago, 111., at the sage Include are. 1841 fiscal year-end," As of April 30, 1951, pet assets Securities-Series were reported -at $83,060,412 up 33% from the earlier figure. year Market value of securities held ex¬ ceeded their cost by about $8,500,000. Sales of National Mutual Funds, it was further reported, wero • - of shares $20,734,759 $17,122,251 $17,755,769 $17,391,706 4,903,464 3,953,266 4,216,077 3,418,853 Union Electric Co.-of Missouri new, $57,2li of. National will < 1948.—V. 1, ' railway.., machine which, Securities Simonson, holders t 14,621,546 shares the trend •- . .— Mohawk Business Machines Corp.—New Product— extended the persons application, authorization, to >l" the suuor- through National Hr J. * . goods primarily increasing '. ry, See ■ , See Electric Bond increased _ Bank 36,257 $61,155 on ; Missouri 93,520 40,770 477,552 from railway.—,. 57,472,801 from.railway—12,133,474 oper, income—T - 5,776,077 —V. 173, p. 1480. Net 'annual the 621,810 Net ex¬ ing later 651,174,, .Gross to does-not of, 1,302,160 5,518,391 . slowing From Jan. 1— date, SEC from Net . appropriate an 1,779,431 195i railway..^. Net prepayment of $3,000,If t'e Pipe Line company 1951, loans 1,654,590; President, of results -X $6,193,609 20,143.199 > statement the • National Power & 1948 $6,696,545 'rn„v».. from 1949 $2,086,101 101,925 $65,319 1635. , lr. • 1950 $2,106,042 • 1S49 < . J 1951 ...... .NOTE—Above . • 1950 a 1951, 20, issuance rlinated to the bank loans. i, and requires before June 20. or Earnings—" $6,098,900 Missouri Pacific RR.—Earnings— Gross / * authorization mrturity of $20,000,000 of Centra) , Junfc March— . year and to issue and sell 30,0(>O shares of-its common'stock for $3,000,000 cash tq it-; parent, American Natural Gas Co. The borrowings wore, made from The National City Bank of New of on - >Vr Seeks to Extend — one Trust . . May 11 authorized payment of one coupon of the mortgage bonds,. > This coupon will become due and pay- ; $1,922,690 ; -Bank Loans and Issue Additional Stock to Parent— & 224,678 ' 1950 $2,153,921 - York, 233,427 196,044 699,295 incomg^ a sales Net profit , moBths directors 'p.-"1480. ' 1951 .... Michigan-Wisconsin Pipe Line Co. -000 ir.^oper. ' - "Up £"6 the present time," C.-A. Woodhouse, President, said, "releases our customers continue to require full time opevat on with some overtime. Our backlog of orders on May 1,1951 was in excess of $2,500,000."—V.' 173, p. 661. " ' /v, t 'r ■ • ■ ■■•>', • •' 14 applied to 452,478 1,897,698 railwa •Y.' Fra5ey: ..7 ,, Higher— \ company on May the July 1,- J951 1,063,975 430,917 • 4 " >$6,955,550 railway...... three from The 1,071,741 441,751" 76,304 ".■-.resume with the stepped^up defense requirements.'' "occasional tend from - // 19&1 and $1,206 in. 1950. ■> .... w 1,076,063 1951 I ' D. .-$0.31 $0.39i : : Net, incr operations, mfJitaryprjMTQction. J..,^^$©.40 Sales 1-. 68,924 because of full Inventories-and because of the changeover from civilian $1,447,812 -'rto 97,114 share non-recurripg charge* of $21,593 in * 1 -traffic due-To 1951 charges and taxes.. common Sales for First'Four Months 10% 4 Mopths Ended April 30— - ' I " $1^96,478 after $0.46 share common ...J. $3,223,693 before -inc. taxes..^., 130,639 Prov, for Income taxes.. 65,320 139,750 79,861 $2,957,OOOj or 17%, while net income showed an Increase of "At $335,000, or approximately 37% , the presenOlme," Mr. Fraser said; "there is a leveling-off in carload sales. income i income first Three Months Ended Maroh 31— ..."■Net 136,408 Net 1480. p. ; Froin Jan. 1—• Net -Michigan Bumper Corp-—Earnings— 565,063 , 527.260 199,497 oper. Net Trom '.. r J railway.,.^— 171, .Gross $1,319,107 ' $5,540,648 $3,985,753 1,118,494 4,795,198 ...3,389,250 per 173, P. 1930. 1950 $6,123,387 667,486 ..... Three Months Ended March 31— $365,575 70,278 ' , 1,265.392 March-- j 1951 $8,519,165 taxes. National Fireproofing Corp.—Earnings Higher 1948 " $365,812 156,178 73,202 railway...^ Crpss from .imilway Net fyom railway. Net ,ry. opcr^ Jr.come-.__ U—-•• after / > *" ... income Earnings • ' Net 204,830 J > 1949 $374,949- Missouri-Kansas-Texas RR. 1951—3 Mos,—1950'> < — 49,454 Co.—Earnings— Three Months Ended March 31— Sales Net p. , .Operating taxes ry. —V. .$13,230,121 ;$4i,29R,929 $38,992,896 £33,059,V»1 9,306,448 «^55,290 27,171,747,125^110,087 ...2.116,079 ^.1,321,532 ' 6,280,501 3,963,951 . from from ^ $13,241,518 $11,330,968 $39,026,674 £33.194,448 " 11,337 " — 41,039 33,-778 ':'-T34;657: _—, Operating revenues Operatiiig. expenses -> Net •> Michigan Bell Telephone Co.-^-Earnings— Operating revenues .Uncollectible oper. 51,534 1950 $464,325 inc<5me__i: oper. 1951 L railway. railway from Gross ' ' , 509,954 146,498 171,720' - " March— $1.57 1457. p. 605,606 ■ ' _ Metals Disintegrating Co., Inc.-—Exchange Offer— National Cylinder Gas Missouri Hli nois RR.— From.Jan, 1— c" 13,664 ' railway.... Gross 464,000 . $1.34 t_ 1794, .. 46.350 22,767 —V. • $730,165 464,000 from Net .ry 1950".' $623,705 , -.., ' 1951 charges and taxes outstanding.... 62,174 - • fromJraUway..!„J. 'Net —V. Common 13,271 From Jan. 1— McGraw-Hill Publishing Co*, Inc. (& Subs.)—Earnings Net ineome..,; 44,756 •'* ' 14,976 ' Corp. is one 'of-the largest'.manufacturers of ►industrial and agricultural chemicals^ in the United States, with 14 plants located from Niagara Falls. -N. Y.,-to Houston, Texas,' producing .basic chemicals and allied products.—V. 173, p. 1700. 1 V 52,153 -," , Edison 1,758,211 1,949,357 674,804 860,460 open 46,991 209,633 4 and right, additional $500,000 purchase Co., and account later -stocks State common of Street stock subsidiaries. Trust of Co. New was - Algonquin P- against 1585. applied Bedford that from Chemical Bank & Trust Co. to 173, from additional applied shares).—V. common borrowed of purchase was to Gas <fe* loaned Oh Transmission Co. for construction payment for additional Algonquin common Gas 1 . , * ■' 'I 8 The Commercial and Financial Chronicle (2092) New England Telephone & Period End. Mar. 31— Operating oper. rev.. Operating revenues Operating $16,786,443 __ 12,230,363 2,390,273 expenses Operating taxes E. _— Net operating income Net after charges $15,611,643 $49,416,281 $45,705,184 11,543,732 36,023,567 33,762,823 1,880,854 7,073,000 5,563,729 $2,165,807 $2,185,057 1,515,161 1,499,882 $6,378,632 4,333,580 $6,319,714 4,394,857 To Offer Additional Common Stock— directors oft ratid of one the share for each new two shares Machold, President, North share, American Aviation, Operates Inc. Glore, Forgan & Co C. A. Allyn and to mail to the stockholders sometime in June a prospectus offering the new stock for subscription. < < Proceeds from the sale of additional stock will be applied toward reduction of the amount of outstanding• temporary borrowings, the campany said. It stated that this indebtedness was incurred to fihance extensive postwar plant additions and service improvements, with the expectation of permanently financing such borrowings as soon as piacticable. Such stock financing, it was pointed out, has been for several years the company's expressed objective.—V, 173, p, 1585. Cruttenden 24,850 Quarter Ended March 31— 4,650 4,650 Kalmen Hayden, Stone & Co.-. 12,000 12,000 Loewi Hornblower & Weeks.. 12,000 Reinholdt W. 12,000 Scott, Horner 6c Mason, Central Republic Co., (Inc.) Hutton E. Co & 9,000 — 6c Co.— Co.—- 9,000 Bosworth, Sullivan Inc. V. 173; p. 1795. 6c Income from operations.,.— Other Operating $5,158,272 241,306 — Income . __ $5,399,578 10,300 $2,571,243 1,470,000 . $297,547 980,000 *$0.15 Federal income and Earnings share per !— from previously reported adjustments.—V. 173, p. 1701. *Revised ehd $0.13 1951 from.; railway....i Net from railway.;..... Het ry. oper. income... From Jan. 1— $1,108,720 • 174,871 ' . railway Net from railway ..... Nit ry. oper. income..:. ^~V. 173, p. 1480. * share, due to • ' Rodman 6c the 1463. . . . 28,717,436 r 3 ;364,911 1, 383,309 period End. Mar. 31— Operating-revenues $867,322 405,519 Uncollectible $1,021,946 462,694 177,300 $931,993 393,010 168,618 207,799 *2,937,424 - 389,771 33,900,661 3,786,540 1,006,073 . ■ New Orleans, Texas & March— v Mexico Ry - Operating revenues $10,847,980 Operating expenses—. ' 7,643,492 1950 Co.—Earnings- $653,032 226,142 v 1951—3 Mos^l950 " $9,432,357 $31,312,918 $27,341,452 t .20,251 78,41474,380 operating income Net after charges...— —V. 173, p. 1586. 1,090,232 $1,420,218 : 217,605 taxes s $4,634,467 $3,206,469 2,045,495 3,937,407 ,f . • . . Sparks, Nev.—jTiles, With SEC 274,869. ,2,134,407 947,534 784,896 2,109,710' 972,288 854,327 366,193 Northwestern Pacific 799,392 . Rj. oper.-revs... Ry. oper. exps... 1951—3 Mos.—1950 1951—Month—1950 Net $ rev. 70,637,786 60,503,972 ... fr, ry. oper.. 10,133.614 3,330,607 Net ry. oper, income Net inc, after fxd. chgs. ♦Deficit.—V, 173, p. 1,407,359 * March- -Net Net ry. *2,303,071 *7,955,773 from Net from 1950 1949 2,026,306 271,123 *60,396 ry. *51,806 *20,265 *278,531 ... , 30,614 734>9C4 717,101 296,770 262,858 677,218 169,218 .231,481:, 153,473 133,802 29,153 -26,131 Net revenue™ expenses. $2,547,128 $2,170,161 740.219 507,873 $7,100,550 1,759,722 1.-. oper. ' rov._ $410^469 Net $7,161,004 Net 2,201,581 . operatini? income ■ ■ i 1 Profits from operations— Interest income (Port of Seattle -261.874 47,024' ■ '--24,719 $49,612 23.349 • . i 1951 $481,909 railway.... railway, $433,858 137,448 from from 112,429 ry, oper. Income From Jan. 1— from from Net ry. * 4^,488. railway.... 1949 1948 s . 1 , $412,123 $490,606 80,926 175,625 75,197 ' 39,490 22,221 Period End. iMar. 1,223,348 328,641 1,179,743 -• 225,016 44,916 m , $1,268,059 Period End. Mar. 31— Net rev.. oper. operating 1951—Month—1950 revenues Uncollectible 6per. _— rev,. p. Operating revenues Operating expenses Operating taxes ♦ 865 '$26,784 164,875 : $22^457 ' 6,976 "71,639 $174,468 " $53,309 8,570 '97,860 Earnings^.: - .. 1951—3 Mos.—1950 1951-Month—1950 $' revenues ^_— Uncollectible opef. rev._ 1 Net Net .» taxes operating income after charges :—V, 173; p. Co.—Earnings— . 116,715 - 100,810.091 : 369,946 '314,230 34.656,384 113,419,420 100,440,145 25,184;322 78,676,348 74,416.312 4,852.286 19,496,868 13,626,530 Operatinr revenues ^ 38,736,212 Operating -expenses —— 26,939,567 operating $ •$ " 34.773.099 113,733,650 38,841.611 105,399= Oi>erating . . . : ?98,422 6,614,581 5,182,064- 4,619.776 3,682,668 4,362,065 15,246,204 12.397,303 12,294,096 9,276,312 ■' 1587. ' __ 46,047,955 30,671,020 9,316.912 1951—3 Mos.—1950 Pacific Tin Consolidated Corp. $11,860,700 $10,602,386 $34,537,108 $30,696,306 11,212 27,623 32,888 91,641 173, $1,604,552 1,574,123 $1,637,935 1,648,592 $4,596,233 4,464,329 § 4<r,579,720 135,113,078 29,488.943 90,922,343 6,452,664 27,035,101 il7,588,256 sales of and other sales and ' inc. operating Net after —V. 173, income charges 85,707,207 Depletion > Depreciation 18,793,617 Provision for Federal 6,059,723 5,294,674 4,638,107 3,925,974 17,155,634 12,837,432 14,417,021 10,120,868 Net Net 1586. p. and Operating revenues Operating expenses.... $1,157,225 Crude ; 1951—12 Mos.—1950 $971,034 773,850 695,645 $4,610,195 3,021,699 —V. $4,063,343 2,742,436 income income taxes $383,375 income tax income; deductions...—' income .... .♦Earns, per share ♦Based on 99,500 -144,281 142,911 $0.38 $275,389 31,500 $1,588,496 198,279 Net income 193,048 592,921 55,251 812,707 382,343 $0.15 $2.18 $1.03 • 172, p. 1832. —w 2,560,202 — 1950 1949 $6,497,335. $3,591,041 *' -.$623,639. 335,866 127,600. - ; ; .8^21,000 32.119: 3Aia.;' 621359 *After preferred dividend requirement's.—V. 172, p. $0.27 13;, ■ ... Net founded. in ♦Loss, of ■ inois.. cotton is spun 'and woven "Into various kinds of and its own sewing plants in Chicago, Cairo and Danville, Ill¬ Sewing operations are ."also Conducts at Opelika. / ' , . . . ^Includes treasury shales. •• EARNINGS—Net sales for 705,192 profit tlje year ended Jan. .31, 1951, -were $13,with ^ $11,669,908^ 1h the-preceding fiscal year. Net Federal income takes for the" latest fiscal year -was compared after Crl61,000 2,394,000 $3,911,033 15,000,000 Nil S0J26 . . ■ NOTES—Working-capital Arose -to-$47,505,239 Packard . ♦$259,586 15,000,000 .' J • at March 1951, 31, * - in the first three months of this year totaled against 16,881: in the corresponding 1950 quarter. ; production 25,296 units . Hugh !J. Ferry, President. said: "Military business on our books now $250,000,000/ but - security regulations preclude • a detailed : Y.'"'r "••• : exceeds- breakdown." .' The 1951 first 290.613, , quarterbalancef sheets shewed1 current assets/ of 471,r $25,014,162, and U. S. Govt, and mother $18,706,9§0, and current, liabilities were $23.; including, cash; of marketable securities-of ■785,374. •. ; ; \ " ■ $0.02 3,477,000. $2,499,973 15,000,000 • $0.17 compared with $44,631,069 - at the same, date a year-ago. • now- one. —~ ! profit. Earnings per share:!.—.—:—----- ' • l898 .and- is taxes^_^__ income — tNumber capital shares.^—^— ■ a was for taxes^ Subs.)—Earnings— 1951 • 1950 ' 1949 j $58,186,348 $37,863,283 $35,767,498 5,976,973 *420,586 • 6,305,033 sales Prov: ■ Offered—Public where- raw ' .. Profit'before-income • $52,403 ' Net 84522"^ '■-•rentaL trade. 621359 '/ Packard Motor Car Co. (& Quarter Ended March-31— . 6,869,000 made BUSINESS-YThe business $0.23 "on 4,534,224 shares of common stock outstanding when stock split became effective on May 4, 1951.—-V. 173, p. 199L 2,979,000 , (barrels)3,382,000 the most: important integrated'manufacturers serving, the Jinensupply The company. operates its' oWn te'xtile mill in' Opelika, $2,719,763' - .-$208,266 621,359 $0.94 $1.27 $0.50 subscribed and the books closed. " 1951 -—— $0.20 ♦Based 6,563,377 $0.50 ., $1,066,049 ; $0.95 share.,! $8,360,862 $1.37 6,563,377 ; $916,645 132,501 ' ♦Earnings per common . cloth, Common shares outstanding ^Earnings per common share—— was ;(par $5 each) by 173, p. 203, Ffdfit before income taxes..——1,600,889 Federal income taxes.............. 977,250 Net-income refineries $1,103,270 37,221 $945,597 28,952 $4,464,941 — Pfd. dividends paid on May 15 of 200,000 cornmonv shares banking group headed by Glore, For¬ gan & Co. The stock .was priced at $13 per share. The shares offered represent 40% • of the holdings - of selling stockholders who together-owned all of the 500,000 shares outstanding. The offering was quickly over¬ $1,320,907 Newport Industries,Inc.—Earnings— — at 1949 1950 1951 —$4,664,941 200,000 income taxes..; Federal income taxes 3,174,102 $9,015,064 — per. common share .... stock outstanding common oil processed "offering 144,100 843,743 372,256 shares outstanding.—V, Three Months Ended March 31— Resales of $0.08 Pacific Western Oil Corp. (& Subs.)—Earnings— 297,955 4,547,419 taxes Opelika Manufacturing Corp.—Stock Oper. inc. before Fed. Fed. taxes 1950 4,019,192 amortization Cash dividends paid (per share) Net crude oil produced, (barrels New York Water Service Corp. (& Subs.)—Earnings1951—3 Mos.—1950 charges & all depreciation and depletion.—V. 173, p. 2026. Profit before $49,990,747 $43,839,966 32,011,488 29,446,845 397,584 income income Shares period End. Mar. 31— after ♦Also after $4,703,206 4,633,613 1951 income..^., expensesi..*............^^... $132,000 1,086,737 $0.12 $88,000 1,086,737 (& Subs.)—Quarterly Earnings Higher-— 3 Months Ended March 3L— Net 1949 J 1950 $376,000 •Capital" shares outstanding,.,..—1,086,737 Earnings per" share —— $0.35 1586. Ohio Oil Co. $ 40,784,795 135,466,518 117,916,231 205,075 353,440 527,975 (& Subs.)—Earnings—1951 Three Months Ended March 31?- 3-for-l ^ $27,649 4,301 .$71,424 Three Mos. Ended March 31— Cost ; $67,123 ——— • 1951—3 Mos.—1950 $ 46,166.946 -119,291 !ncome charges —V. Co.—Earnings— $ Operating Net iDrl6,000 ■ $323,370 n 928.716 ' .1951—Month—1950 Net.after - 29 2,153 Dr37,000 Pacific Telephohc & Telegraph Co.Ferbd End. Mar. 31— *Net *11,934 New York Telephone > $43,620 13,500 bonds) ,-i— Net results for period ,* Operating revenues— $11,849,488 $10,574,763 $34,524,220 $30.604,S63 Operating expenses 8,082,098 7.239,298 23,695,410 21,025,667 Operating taxes —i 2,162,838 1,697,530 6,232,577 4,875,992 330,957 141,415 1,343,135 31— revenues.... Uncollectible 1,303,146 367,155 142,739 , railway income oper. Operating Deficit;.—V. 173, p. 1480. Net 1,730,190 j'$88,470 — Profit before surplus and other adjustments. Miscellaneous., items (net)..— — 1701. Ohio^ Bell Telephone RR.—Earnings— 1050 Net Net 1,698,698 depre¬ ' March Gross 1950 $1,773;810 reve¬ for Federal taxes on income Prov. $925;*2o < 2,058 5,686 . f $309,050 •, '317,938, - .$1,273,745 086 - (net) interest Other 1951—3 Mos.—1950 * • ..'in, . $414,574 aiter charges 1730 p. 8i.fl Net * 1951 of goods sold, operating expenses, ciation, depletion and taxes— : ■ dross the ♦Deficit.—V. 173, P. 862. $309,736 1,895 " ■■■ V. New York, Susquehanna & Western of $1,787,168 and merchandise and operations.—— products from other Cost ■ , 1951—Month—J050 , ; Operating revenues Operating expenses*...^ Operating taxes -z---- $13,375,654 $11,990,371 $37,951,458 $34,770,264 10,828,526 9,820,210 30,850,908 27,609,260 from ry. oper. of nues 222,223 *36,963 "f , Period End. Mar. 3h— 1951—3 Mos.—1950 Oper. Income... —V. 173, p. 1480. rev. Y J RR.—Earnings— 1951—Month—1950 "Net -ry. 1,835,924 - Automobile Bridge Co.—To Reorganize— 1676. Uncollectible Railway opeh Railway;oper. ■ Operating* revenues -Period End. Mar. 31— : , acquired -*11 Pacific Coast Co,;—Earnings— Ohio Associated Telephone Co.—-Earnings— 173, p. 1480. New York# New Haven & Hartford .. v company / Three Months Ended March 31— Sales reorganization plan was submitted to the Federal Court at Cam¬ den, N. J., on April 20, which-'calls for the issuance of $325,000 new 15-year 4V2V0 bonds; $51,155 second mortgage income -5% bonds, cumulative if earned; 3,750 shares of non-oumulative preferred stock (par $40), -and 34,666 shares of common stock (par $5). - * Under the plan, 28,500 common shares would be issued for unpaid accrued interest on the 3% bonds which are being retired.—V. 126, 64,392 1 . the . * • Ocean City $269,577 607,800 . Income oper. approximately three month?. . 22,054- 1,701,528 297,363 railway $1.47 . ' 1948 $244,711 132,013 81,596 145,477 126,216 Net ry. oper,. Income.— —V. 2,506,202 p. railway *88,632 * from $688,170 . $0.41 . strike for April,. 1951, ACQUISITION—In 110,012 ♦Deficit.—V. 173, p. 1481. -Earnings— 153,037 railway.... -54,965: * Net From Jan. 1— Gross $627,124 *7,712 — * $0.49 down by 90,347 $678,431 161,130 from, railway...... 16,210,607 *954,644 *4,084,995 $288,391 $321,470" income. oper. 18,394,373 353,202 railway.... railway.... $787,972 204,717 80,831 Net Gross 60,615,560 193,447,974 l'64,465,456 52,506,889 175,053,601 148,254,849 540,293 $1,007,898 railway share plant shut 778,526 $2,231,993 $626,335 $734,251' - . 387,152 61,089- Portland, Ore., and. a small roofing plant on leased land at Tacoma, -Wash., will operate as a wholly owned subsidiary company.—V. 173, p. -763. ' ' A 1951 from from from j* stock— *Main From Jan. 1— $ ■ * ■ 1795, New York Connecting RR.Gross $ 8,108,671 2,472,102 1948 railway — Net ry. oper. income-.- New York Central RR.—Earnings$ 1949 1951 Net from ' ■ 1950 ±——— com. > ^outstanding stock, of; Pacific Rpofing Co. 1n exchange for 40,000 shares of the company's: common stock, no par value. Pacific Roofing Co:, which operates * felt mill and roofing plant on land owned by it. at RR.—Earnings- March— 59,187 4,564,606 1,945,461 919,132 292,797 -r prof. * taxes profit tEarns.-per - drill well. used to be $517;392 1,331,144 535;804 taxes— income Net • 2,259,553 Gross Period End. Mar. 31— ■ to are 324,806 $1,058,032 -tAfter: preferred, dividend" requirements. The corporation on May 1 filed a letter of notification with the SEC covering 3,000,000 shares of-common stock to. be-offered at par <10 cents per share). Of these -shares,, 1,000.000 will be donated gratis.by James Ellas Morris. No underwriting will be involved. The proceeds From Jan. 1— 2,086,443 income-.:—_ on Federal . dross from, railway.... Net from railway ... Net. ry. oper. income e—V. 173, p. 1480. $*707,164 367,387 366,700 1951—3 Mos.—1950 1951—9 Mos.—*1950. $9,158,889 $6,986,705 $27,709,295 $17,584,491 End, March 31— Net; 8ales____—— Profit • before Federal - 3,480,091 5,151,675 . '$987,072 807,090 1.257,192 Northwestern Oil, Inc., . • ;—i,-. Income on . . Products, Inc.—Quarterly Earnings Higher— Pabco Period , 1,784,270 ,-Net $857,469 118,778 330,741 . -J—.: and debentures- 172, p. 2222. •Federal * exc. 1948 1949 $660,567 239,431 211583 $1,310,666 55,374 1,191,000 401,736 1 Federal taxes $9,412,106 $31,234,504 $27,267,072 22,048,362 20,579,912. 7,334,802 — -Earnings— 1951 $734,599 106.767 101,110 • railway.... Net from railway . Wet ry. : oper. income—.! , $2,637,294 357,161 56,701 1,165,400 $2,355,274 —.... Interest on notes of Oross.from . . income 'Depreciation ' 2,495,792 3,066,986 1,057,963 .1,373,697 '446,611 612,348 966,556 32,179,432 766,795 *1,844,197 *1,112,997" * _ Subs.)—Earnings— Other income 1951—Month—1950 $10,872;162 24,182 —* rev.. oper, Operating taxes 2,541,047 ' 34, 969,690 • • 1481. p. 2.500 outstanding common stock from 240,COO to 480,000 171, p. Net earnings - 2,500 Linn— Thornton, Mohr & Co 4,650 Quarter Ended—•' Mar. 31, '51 Dec. 31, !50 Mar.- 30,- '50 operations before deprec. " $2,349,246 ■ $2,536,375 $1,328,981 (net)...—. 6,028 < 100,919 Dr 18,315 , —V. • 3,134,305 1,364,044 459,577 from ♦Deficit.—V.. 173, 4,650 - .Gain from year- 1948 1S49 Y 1948 - Total railway..,.' railway...... Net ry. oper. incerae... RR.—Earnings— 1950 490,309 dross from per 1949 1950 Northwestern Bell Telephone New Orleans & Northeastern March— Gross $1.31 1,960,000 shares ($25 par) on 4,650 Harris & 4,650 2,500 2.500- Co., Oxford Paper Co. (& . from Net 4,650 -May 15 made a distribution' to* holders of common May 4 of one additional share tor each share - held. record increased shares.—V. From Jan. 1— Gross Consolidated net earnings Dividends 1951 railway. 4,650 Gardner & company on stock' of This from from 4,650 ——1 Co. Oswego Falls Corp.—Stock Distribution— The railway—..'$12 ,558,506 $11,266,344 $12,482,497 $11,786,010 934,004 1,583,509 l,5o7,676 1 ,270,420 Net ry. oper. Income—. 507,098 426,400 744,506 672,361 Net $307,847 2,828,335 and other income. excess profits taxes (est.).. March— .Gross & Company, Inc.. Corp., DeKalb, III.—Files With SEC Northern Pacific Ry. —Earnings—^ $26,610 281,237 6c Sterne, Agee 6t Leach Barret, Fitch & Co., Inc— C. F. Cassell & C<k, Jnc... Stroud 6c Company Inc 9,000. 'Ames, Emerich 6c Co., Inc., 4,650 . Corp.— Michigan Inc. 9,000 & • Fairmah Sills, 9,000 Hentz Reynolds of Inc. 9.000 Courts 6c Co. Lustron corporation on May 7 filed a letter of notification with the SEC covering 3,080 shares of $1.50 cumulative t preferred stock (no pari to be offered, at $23.50 per share, without underwriting. The proceeds are to be used for working capital, to make small loans and finance property.—V. 172, p. 1635. *1950 1951 4,650 Co First The Subs.)—Earnings Higher— & Farwell, Chapman & Co... « New Jersey Zinc Co. (& com¬ 12,000 Fulton, Reid & Co....: Northern Illinois or severally Shares Company Inc H. The company expects have Shares April 20 took over the Lustron Housing Corp. plant in Columbus, Ohio; and turned it over to the North American company under provisions of the 1950 Defense Act. The latter company will use the plant to build planes for both the Ait Force and the Navy, —V. 173, p. 1701. stock issue registration below agreed to purchase from the selling shareholders the number of shares set opposite each underwriter's name beiow: The Navy on statement with the SEC. named $§09,594, With compared underwriters mon Plant— held. The company is planning to apply for approval of the to the state regulatory authorities concerned, and will file a in UNDERWRITERS—The Bacon, Whipple 6c Co May 15 authorized issuance of 777,850 additional shares of capital stock of par Value Of $100 per share. The stock¬ holders will be given the right to subscribe to the proposed issue in The $1.62 reports that the company's over-all pro¬ gram to expand and reinforce electric and gas facilities will require expenditures of $150,000,000 In the period from 1951 through 1953. The system-wide program is scheduled by 1953 to add about 1,600,000 k.w. to the electric generating capacity, and to make natural gas available to about 200,000 customers who now are served with man¬ ufactured gas. " The company has made arrangements with a group of banks to borrow up to $35,000,000 during 1951 and these loans, with deprecia¬ tion accruals and retained earnings, ar? expected to finance construc¬ tion requirements for this year.—V. 173, p. 1991, J. or $2.26 a common the preceding year. $1,131,677, Niagara Mohawk Power Corp.—Plans Expansion— 1951—3 Mos.—1950 $16,806,306 $15,637,496 $49,476,421 $45,775,317 19,803 60,140 70,133 25,853 revenues Uncollectible Telegraph Co.—Earnings— 1951—Month—1950 Monday, May 21, 1951 ... At March 31, laist .year,"current .assets were $20,402,630 in cash and $15,620,395 in securities, were $19,786,093.—V. 173, p. 1379. " " ' ' - 1 ' $64,417,162, including and current liabilities . . \ Volume 173 Number 5013 The Commercial and Financial Chronicle . .JJf (2093) Panhandle Eastern Pipe Line Period End. Mar. 31— Net inc. after "■Earns; per "After preferred Plans The $2,674,165 share com. Co.—Earnings— 1951—3 Mos.—1950 taxes $2,452,480 $9,388,038 $0.72 $2.73 $0.78 dividend Pittsburgh Plate Glass Co.—Opens New Plant— 1951—12 Mos.—1950 requirements.- has thority to sell debentures, due company to crease key 1971. ' Panhandle —An shares common Producing It 3,300,000.—V. to Refining & 173, 863. p. shares offered represent Co.—Stock Offered wealth No Texas and its Mexico. integrated an oil service stations in engaged company located are « ' . 1951, the first equivalent to 90 quarter of 1951. cents Oklahoma Texas, notes CAPITALIZATION maturing Dec. 27, mtge.. 15, Common real estate 1958 stock shares to of semi-annual 1. of the stock new to interim make whole a certificates and of the underwriters the at had a afford presented principal of ' ' Net The item A. advised for yet exchange System System to all Operating Operating period to (!) of entitled selling $10 to the receive fractions whole per share, the , ' . new System Shares to C. order an liquidate the share of stock for company cash whole one 10. p. .» V- ; Union Securities Corp 54,000 ;_ _______ , 15,000 John $13,000,000 1951—3 Mos —1950 $994,115 $3,217,141 1,877 1,693 6,380 $1,091,075 $992,422 707,955 $3,210,761 2,299,777 185,823 156.975 558,430 443,029 $117,765 $127,492 $352,554 $355,72S 70 720 __ 78,057 213,366 207,97? taxes charges 173, $2 883 990, 5.930, $2 876 054 2,077 290 1587. p. Stock per "k Exchange on May 16 by Bache & Co. at share, with a dealer's discount of 70 cents per share. It was V. . p. 1992. 173, oversubscribed the and books - J. ; St. Louis Public The April 30 on row Bohlinger New ■ . Missouri P. S. ' closed.— ■ Service Co.—Loan Approved— Commission approximately $2,000,000 assist in the York,-to buses 54,000 • the - 15,000 ; by 17 Corp.—Earnings— 1951—Month—1950 rev._, revenues $34.50 share.— • ■- 170, Ordnance an May 787,487 oper. York purchasing from the new whole share, the additional Beuvenga cf the- New York Supreme Court directing Superintendent of Insurance A. company.-^V. for on Safeway Stores, Inc.—Secondary Distribution—A sec^ ondary offering of 17,000 shares of common stock (par $5). was made after the close of business on the New Preferred Accident Insurance Co.-r—To Liquidate—> Justice F. signed contract announced was $1,092,952 expenses after —V. (2) into it agents $14,118,900 par and fractional a to 01* $1.23 the Net operating income- remain unexchanged $468,067 principal and $153,250 par amount of System stocks. days from May 18, 1951, the new company shall persons of rate additional an will bonds 60 received $2,200,000, revenues Operating certificates, exchanged, within' the bonds to Rochester Telephone Operating dis¬ were of Pittsburgh Railways exchange and sub-exchange of 1,237,392 $1.14 President. Period End. Mar. 31— holders to interim as 1,333,900 . company's total defense orders above added.—V. 173, p. 1701. level, he - Federal holders the amount company has Uncollectible that $1,538,544 ' certificates not 994,100 $1,521,876 outstanding share_, amounting This brings • - 2,530,6i4 2,584,500 common Robertshaw, Trust Co., The sell or $9,599,70t profits taxes (est.) Receives Additional Defense Order— Net 54.500 Equitable Securities Corp. Smith, Moore & Co shares per 1950 $14,477,341 . Common I — 1951 .*• — Earnings agent; .and issued. profit available now excess 1892. System stocks; tijere period of the to be company for cash, at the rate of $10 per fractions required to augment their fractions V. 173, p. 569. i number y Co & the Federal Coqrt. April 26, 1951, public of 1,448,422 shs. and presented fixed by the-option by & Co.____ Ellis securities unless * 4,106,376 before taxes__ Prov. for Federal and paints,p. * exchange interim are For 55,320 each, are as follows: y:' / ■ ; 173, present their certificates that on and after May 18, System amount Outstanding 2,000,000 shs. of names house are fractions share. holders as worthless amount $6,170,918 ___- purchased y White, Weld of at the time of the exchange, reminded are transfer 31— ; are' urged to Railways 1951 75,000 the will addition, divi¬ $6,583,000 . company that the-new company, of such issuance securities common Two OF APRIL :___ $1) (par be line finishes.—V. is In at AS 1955__ maturing note _ UNDERWRITERS—The H. (Pa.) old As and the company reported stock and for 1950 share. per Authorized D. of $12,385,000 share per cents 26 in . ; r of new well be dends of 10 cents per share were paid in 1950. In February of this year a dividend of 15 cents per share- was paid. < June shares fradtions the become . EARNINGS—For the year ended Dec. 31, net. income 4r/o the Pittsburgh for-exchange. promptly and- as is , First of fractions from holders Holders refining and marketing divisions of the industry. The company's oil and gas producing properties and its refinery are located the of directed buy sufficient production, ' stocks Margh Profit complete continued. BUSINESS—Company in and Co. fractional Court has shares, New Trust either 50,000 own bonds Ended Sales 16. automotive Guaranty Trust Co. of New York and Fidelity-Philadelphia Philadelphia (Pa.) are sub-exchange agents. part of the holdings of Atlas a Corp., which after the sale, will continue to , May produce-a and Quarter formally was Railways System companies which have not as yet been exchanged for cash and securities provided in the combined, plan of reorganization. Common¬ ($1 par) at $8.37Vz per share. quickly oversubscribed and the books closed. The was to company delivery in exchange for interim bond certificates and interim stock certificates issued by the reorganization trustee, and in exchange for outstanding bonds and stocks of the former Pittsburgh stock common equipped on Robertshaw-Fulton Controls Co.—Earnings manufacturing units in this, Pittsburgh Railways Co.—Definitive Securities Ready underwriting group headed by White, Weld & Co. for public offering after the close of the New Stock Exchange on May 15 a block of 192,500 shares of Calif., paint of for released York modern plant * Definitive ' ■ also seeks authority to issue 60,000 addit'onal Common N employees under a stock option plan. This wou.d in¬ outstanding is most 1 applied, to "the Missouri P. S. Commission for au¬ competitive bidding $20,000,000 of sinking fund at Torrance, plant the $1,250,000 new varnishes^ resinc, industrial _ shares The v the at of one as world; opened $2.46 v Financing— company The the $8,523,887 * . Described costing $2,200,000. authorized the Mutual borrowing instalments 1992. p. the be over Insurance purchase will a bor¬ company to Life the of The notes maturing in quarterly mencing-Dec. 1, 1951.—V, 173, Public Service Co. of New Hampshire—Registers With Securities and Exchange Commission-— ha? from financing of Co. 10O evidenced by 10-year period . com¬ ' ,\ ; of new 3Va % . . The CONSOLIDATED STATEMENT i. OF Three Months Ended March 31—; Gross Net operating income Prov. 1951 for Federal income taxes _, 1950 $3,141,631 $2,580,339 444,619 income___. before 374,747 taxes income on company on May 11 .filed a registration statement with the SEC covering $3,000,000 ol first mortgage bonds, series F, due June 1, 1981. The bonds are to ba offered for public sale at competitive bidding. EARNINGS (est.) 70,550 proceeds curred income Earnings per —V. p. ___ 173, share common $0.26 - $0.20 1951—Month—1950 * 1951—4 amount $ stock can Mos.—1950 .<£ 71,744,961 and The that further has to , 173, 1892. p. •' capi.tal —V; 173, According to Mr. ^ Silberstein5, - am executive committee has been to investigate the opportunities for marketing the company's "• coal, tlucaigh exporting channels.- The program calls for the formation' of a special coal*export sutsiidary to be set up under the auspices ' Of this committee. See also V. 173; p. 1991. per p. 'v- Common per 1950 $482,738 before 384>529 187,934 ,.v - $0.48 (Chas.) Pfizer & Co., Inc. . (Adjusted sales Profit reflect to ■ Apr. 1,'51 2-for-l taxes__. ' income Cash ; dividends paid Cash dividends paid on common shares outstanding preferred stock___ on stock Earnings , . The April per balance 1, a sheet shows $19,218,319. Earned ago.—V. p. year current 173, surplus was $1.21 before $44,234,413 Net of as $37,767,034 against Earnings —V. per 173, $0.73 & stockholders $li (oar May 4, 1951 Co. above.—V. 173, April on from 16 voted 250,000 to received were an mailed p. Gammack & currently of the Co. in May on excess year.—V. 15 of announced $1,500,000, 173, p. that up Net out on 384, assets than of 50% after 1,700,000 87,386 income before from 1951- '" *, sales,-rents; etc. . Net profit ♦Earnings ♦After after shares $5,058,471 1,091,398 830,711 682,847' per taxes- _L__ share__. Profit Provision Net for taxes ♦Earnings requirements.—V, 173, p. - " 1951 1950 1949 $11,248,000 $7,352,161 $5,200,533 taxes_—_____ 2.153,000 637,292 894,729 income taxes 1,299,000 266,100 358,200 $854,000 outstanding--—- common share $371,192 $536,529 560,974 560,974 560,974 $1.47 $0.61 $0.90 ♦After preferred dividend requirements.—V. 173, p. 2223, 74,880 $353,217 $137,145 600,000 600,000, $0.59 — $0.20 outstanding share.——. of Subs.)—April Sales Off— 1951—Month—1950 $3,455,749 453 with retail 432 stores stores a and Schiff wast Block are Shoe pperated during April of this ysAr earlier, year subsidiaries • 1951—4 Mos.—1950 $3,766,524 $14,144,609 $12,^54,591 Co.—V. 173, • - Shoe Stores, - Jnc.^ Gallenkamp 1587. p. C ... change in Co., Inc.—Change in Par Effective—» the par value of the stock common from no par to. new 1992 share and be to issued in exchange for each 1482. Y " ' share held.—V. 173, ' •" 18.—V. 168, 1951 taxes share A long-term sion: on loan April The-loan with 2 by Prudential $1,000,000 Insurance to provide Co. funds of for America plant was exp,m-> amended, requires that the company repay the principal at the rate of $150,000 a year beginning April 1, 1952, any remainder to be paid at maturity of the loan.—V. 173, agreement, as 1892. Silver King Coalition Mines Co.—Earnings— Period End March 31— The 'Net new No. 2124. p. shutdown 1950 3,501,120 $0.01 expenses.—V. * 1951 ' — - —— $6,938,987 taxes.. current Federal Nil • (Net loss after 1834. assets at liabilities other March ' 1951 31 including provision 1950 90,000 - taxes by first a under (now deed of trust on Xavicr construction), and St. Joseph; f 6,204,692 2,274,438 Of¬ The bonds ma¬ semi-annually from Oct. 15, 1952 to April 15, 1903, inclusive, and <■ are secured by Regina High School Norwood, Ohio. This lished 5.444,063 1,551,682 O.—Bonds Catholic the in Older, United or comprising States 107 Professed 670 years ago and Sisters, is was represented estab¬ in 12 Dioceses. $108,420 for — secured Mo. Iowa. ture $198,420 $126,459 — further Louis, 3V2.% bonds at 100 and accrued interest. $0.89 Y 151,000 securities are fered—Metropolitan St. Louis Co. on May 2 publicly of¬ fered $500,000 first mortgage 2%%, 3%, 3Y4%, 3%% and $3,571,439 $277,459 _'___ — government and p. Sisters of the Precious Blood, Dayton, 950,000 . State income taxes income current 172, depletion. 4,521,439. $1.73 ' bonds Academy, Des Moines, $44,085,309 $32,188,386 12,288,987 The High School, St. 1950 Archdioceses and 1,220,467 $0.04 April 17 publicly offered $1,000,000 first mortgage 23/4%-3V2% serial bonds at 100 and accrued interest. 5,350,000 before»income Total ($440,733' Nil Iowa—Bonds Offered—R. G. Mills & Co., St. Louis, Mo., Nil Corp.—Quarterly Earnings Doubled— income Total $52,575 1,220,467 $0.05 ? Sisters of Charity "(Blessed Virgin Mary), St. Joseph, 3,501,120 - • . (estimated) Cash share. com. on 172, P. 2223. Provision for Federal and Net t$67,423 1,220,467 1949 $0.22 per share.—/_l 173, p. 1833. Profit per 1951—12 Mos,—1950 $66,376 1,220,467 • "After depreciation and taxes, but before 3,501,120 Earnings —V. 1951—3 Mos.—1950 profit capital shares— Earns, $40,699,193 $35,911,933 $39,429,971 757,291 33,276 ♦142,218 .____ 1,538,667 , Signode Steel Strapping Co.—Increases Loan— ., out¬ Ritter Co., Inc.—Earnings— 4 1701. (& Subs.)—Earnings 212,02». 569,977 rru__— i. common < per share became effective on May 10. The authorized common stock was recently changed from 100,000 shares of no par value to 200,000 shares of $5 par value by vote of the stockholders on April 10, capital the up $0.41 income shares per $423,711 $0.36 Chemical Co. income Common • 959,189 __ * before split 407,000 1,078,413 3 Months Ended March 31— sales authorized ^ Three Months Ended March 31— & and ' preferred dividend Pittsburgh Coke Net $408,551 outstanding common May other operating revenue—^ Net income before Federal taxes on income.— Provision for Federal income and excess profits 1950 $5,999,415 (est.) / The stockholders of record Sales and Net Common shares Quarter Ended March 31— taxes__ Prov. for taxes increase the to Inc.—Earnings— Richfield Oil ..Quarter Ended March 31— Gross 1950 $1,264,687 $5 37,000 the 1891. Pitney-Bowes, Inc.—Earnings— Profit per loss.—V. 'Net this Fund since taxeS--^--^-— ■tki Shuron Optical The $5,500,000 1,036,000 about or - profit Earnings net more 1951 923,194 1950 • additional share for each share held. Capital shares outstanding-——/- are ; L- 600,000 Sales Pioneer Fund, Inc.—Assets Up 50%— first the $0.37 Corp.—Proposed Acquisition— Share of z_4——I— Quarter Ended March 31— Electric Bond < the-com¬ by percentage $0.10 Rexall Drug, Phoenix Industries See received like total one : of- order 7,000,000. $2,642,421 taxes. sales Stores Co. of $50,386 ceitificates 1481. p. $3,800,000 $674,000 $151,272 share__ common of $25,800,000 taxes per Consolidated pp. standing 250,000 shares into 500,000 shares. 1950 $205,202 . A p. $29,352,058 1951 income income compared . income The taxes_.___ cost 01951 taxes income for Retail .. ; * notice, rate on than more * Is Reserve Oil & Gas Co.—Stock Split Voted— 1891. 3 Months Ended March 31— after a material stockpile of a Shoe Corp. of America (& $2.02 - Earnings per common share-___$1.37 'Estimated.—V.' 173, p. 569. '"v;'';;" / stock income been for Inc.—Earnings— income for before increased Philadelphia Dairy Products Co., Inc. (& Subs.)—Earns Net have ' Provision 740,025 of Prov. permitting 1,480,050 $2.29 assets $2.82 estimated certificate 3 Months Ended March 31— Profit 42,875 740,025 ____ total projects a Sales 1951, of which $14,487,663 represented cash and marketable and $9,352,969 accounts receivable. Total current liabilities securities were share, common the semi-finished imported for creation of Period End. Apii! 28— 496,935 ' Necessity certificates, ; $1,844,570 1,480,050 r__ Common that of Additional sales Earnings capacity of its four mills by about 10^. figures indicating that, on" 24 hours' processed, bottied and shipped at the —V.' 173, p. 478. $2,322,050 313,103 i 65% expansion expected Reo Motors, 1,349,573 $3,435,676 / 41,563 four is $3,114,341 from 1,457,000 745,403 approximately of 1950 • ; Net the It 1951 313,103 share^i. amortization be be month; N$t> profit -i Comrnon shares $20,518,395 $14,945,295 7,903,841 3,779,050 ___*. is expanding the - PVP-Macrose is evident __ * _____' as Quarter Ended March 31— $3,000,000 cost of "the fourth project will be granted at an early date. ' -V.,; .... ; 1 As of March 31, 1951, current assets were $27,804,777 and current liabilities $6,146,941, a ratio of 4.5 to 1.—V. 173, p. 1482, "V '*• '. '**. '• 3,194,143 6,854,000 ._ or can Net estimated Apr. 2/50 taxes—10,289,676 of pany; 4 $23,237,249 $12,155,155 before income Federal, State and foreign income a pints Profit 4,789,500 paid common tons, five-year (& Subs.)—Earnings—Y ______ $1.10 taxes— such than more Schick, Inc.—Earnings- 805,045 $1.24 paid_;__' corporation 45,000 t$0.30 1891. Three Months Ended— Net per The Emelin. released can $382,896 805,045 i dividends dividends three dividend requirements. split iiv December, 1950.—V. 173, p. Mr. 'i - - income Earnings 321,860 share—___ 321,860 t$0.40 $1,001,685 taxes______ Common $232,381 .643,720 _•(* little a 2,000,000 pints." extenders" pints, he added.—V. 173, pp.-1482, 1892. $1.10 . only 300,000 1949 805,043 ; that PVP-Macrose V ' J, income income Preferred 164,302 $294,804 ♦After preferred stock Net .1949 $347,786 common fact than more "blood . May $889,182 ; ________ Profit $396,683 «. outstanding_____:__ shares ■♦Earnings 1951 $732,315 Y of proposal. 1950 sales Net Pennsylvania Glass Sand Corp. (& Subs.)—Earnings— _____ financing Rayonier,£ijc»-(& Subs.)- -Earnings— Quarter Ended March 31— K ', t Federal Net profit until persons pending 1951 764. - . .< interested the shares;___^.____-_'i ... taxes giving upon share____ ■ elected Income sale for need 13,000,000 pints-of whole blood were collected" during the entire period of World War II, Mr. Eraelm said. "Some types of treatment require whole blood,, but in many • cases—especially shock or burn casualties—PVP-Macrose has bcea demonstrated as a key medical aid in restoring fluid volume." .l. .. . Earnings * }. "Y Y "Y order an hearing a taxes____., Number B'erta, who was retained as consultant to the company on sale$ The; corporation has-,, retained as counsel, Messrs. Hays, St. John} Abramson and Schulman. '* *:" charges_____;_i._i__U;_ including the the Purity Bakeries Corp. (& Subs.)—Earnings- J. T. Quarter Ended March 31— production of The , issued request 16 Weeks Ended April 21—. Net profit after Leopold D. Silberstein, . who on May 7 was elected Chairman of the Board of Directors!has alsp been designated as President to succeed Profit after financing, Emelin, President of Schenley Laboratories, Inc., a sub¬ on. May 15 that "So far 55,000 pints of PVP-Mdcrose pyrrolidone) have been produced, but material is provided' (polyvinyl for and _;v. . permanent C. sidiary, stated ; : Pennsylvania Coal & Coke Corp.—New President— : SEC 1951, —V. 1951 against 1,608 ; r,.. Arthur in¬ require¬ bonds, will be required in 1952. No definite determination made as to the time, amount or type of any future perma¬ financing. : ; ' ■ ; nent $ There were,1.612 stores in operation during April, In April last year.—V; 173. p. 17,01. .*• borrowings construction be now 7.1.604,467 270,309,042 231,121,001 •/; -28, . short-term company's . . 1 Sales reduce the additional Penney Co.—April Sales Up .20%— - to of The of (J. C.) applied financing at 1795. Period End. April 30— be to are interim Such borrowings amounted to $4,950,000 at Dec. 31, 1950, and to $5,450,000. company's construction program for 1951 and 1952 is estimated $8,250,000 and $10,916,000, respectively. It is expected that addi¬ tional permanent financing will be obtained in 1951 through the sale $294,747 now Net for ments. 80,000 $374,069 Net Schenley Industries, Inc.—To Increase Blood Extender Stockpile— 827,077 NOTE—Shipments during the first quarter of 1951 were 33.30% greater than those for the first quarter of 1950.—V. 172, p. 2027. Skyline Broadcasting Corp., Dayton, O.—Stock Offered —Ball, Burge shares of The V. 173. net D. & Kraus common proceeds 1702. on ($23,750) are 9 publicly offered 250. ($100 per share). May stock at par to be added to working capita!.— 10 The Commercial and Financial Chronicle (2094) 1951" Net $268,063 32U.569 $0.83 *$94,527 322,569 322.oU9 $0.82 and taxes shares $0.93 172, p. share— per —V. 1334. p. 584,800 172, $2.23 for Prov. Net Federal inc. profit after Southern Natural Gas Co. (& Subs.)—Earnings— 9,921.594 7,532.li>4 32,252,249 $32,887,118 2o,893,462 $2,980,589 $2,598,884 14,422 48,080 $7,727,474 266,586 $6,993,656 150,532 $2,966,167 $2,646,964 , 438,049 $7,994,060 stock Preferehc* revenue and taxes exp. Operating Other income— income Gross Int. 502,003 deducts. other and Net income- —V. $6,204,077 operating $3.46 income New Operating Operating Operating 13,210 Operating taxes 664,260 495,770 $582,414 $626,178 $1,836,228 Net 519,836 1,484,027 —V. 173, As preferred stock—_ after dividend on — The of . stockholders /will ' vote the and May preferred'stock 120.000 from Southwest Pennsylvania, Gas outstanding The first end a Pittsburgh.—V. at 144,-p. 3351. " Net —V. shares Earnings per share— 1951. the company's history. in 1951—3 Mos.—1950 1951—Month—1950 The $2,085,335 9,000 $1,508,386 7,500 3,000 $514,557 2,500 — $695,773 $512,037 $2,076,335 $1,500.936 — 513,367 381.331 1,472.610 $698,773 Operating Rent revenues expenses of oper. _ 302,584 165,132 income $89,360 $75,110 $301,216 $210,454 Gross 65,623 55,233 230,286 148,794 Profit Net operating after operating 173, revenues oper, Operat;ng Operating taxes $70,315,530 54,142,719 9.021,466 $23,558,297 $24,038,809 $83,997,089 2d,463,283/18,397,110 CO,550,482 I4,591,217 = > 3,043.003 13,444,407 — —_ income $3,483,797 $2,598,690 charges—,^.-,- 2,925,497 2,117,070 operating Net after —V. 173, &.A 1587. p. 5,870,725 ;V. v Cincinnati (O.) Privately Placed a area, has secured a $3,750,000 loan from Society of the United States the Equitable Life Assurance proceeds will bs used to construct facilities to produce untreated industrial use by owners of the company. All but one share¬ The water for holder, Distillers National ' Products Corp., guarantors original are ." loan. the The The company owners Electric incorporated was Electric are Auto-Lite Gardner Board & Co., j with 1,185 shares at of $100 Investors, stockholders and The York of terms the Robert S. elected were May with contract Kaltenthaler, on per share. Co., Procter & Gamble Co., General Co., Philip Carey Manufacturing approved 14 contract Sovereign of Nooue the to Contract Ap¬ a the are Corp. 169, same p. as those in the Parks, Harry J. and Hoch Reid of New Joseph Philadelphia board.—V. management new stock above ■ 1890. Three Months Er.ded March 31— taxes——; income Net Sutherland Paper Co.—To Redeem 41/4% Pfd. Stock— Guaranty Trust Co, of New York has been appointed agent by above company to redeem all of (Its 4%% cumulative preferred stock, called for redemption on June 11; 1951, at $103 plus accrued dividends amounting to 48c. The bank will convert this preferred stock into v. stock common 173, *1950 $7,117,040 3,125,000 $4,167,782 —; — Earnings per share The p. 103,705 $1.01 2028. earnings (& Subs. Consol.)—Earnings— 1951—3 Mos.—1950 $22,432,694 2,504,103 10,836,710 $21,289,261 10,302,623 1,085.500 620,000 3,914,436 3,676.050 surtax) Excess Other Ptov. profits tax_, * 192.000 taxes for and 392,000 308,948 of 1,010,534 1,007,197 66,342 264,013 261,580 and - amort, 270,549 63,434 deprec. depletion Int. (normal tax and revenue Profit before Excess 22,065 25,117 102,356 103,244 $1,067,673 Dividends Earnings $1,193,623 $5,912,645 $5,938,567 4,208,782 4,208 782 paid share per NOTE—The - from income Capital surplus $53,988,022 a restricted specific but it after amount of reacquired with allocations $1.92 of dividends. $27,500,000, held in the the cost Earned of with surplus shares 500,000 treasury. have been indicated that bf made the for this company the tonnage balance the of will be expected allocated to year, Sulphur Corp. Current assets $32,161,016 U. March on year a ago. Government S. above to and ground profits including totaled $40,635,303, compared with 1951 The 1951 total includes $27,946,036 in cash securities, but does not include inventories of or materials and supplies. Current liabilities $14,896,959, excess $11,731,997, 31, including taxes. provision $13 808,503 Current of provision liabilities $10,941,515 for for 1950, of 31, the became of the The SEC to less than join to The 95%,. the in further 172, SEC— With are be of proceeds the offering and price additional is $500,000 applied be to to the of payment like a amount of indebtedness of the company to The First National Bank Boston, incurred in March, 1951, of which $130,000 replaced the cash payment for Kelley-Koett, $250,000 was advanced to KelleyKoett for working capital and $120,000 was retained for working capital of Tracerlab, Inc. In addition, the company intends to increase its investment in Kelley-Koett by the puichase of notes in the amount of at least $1,000,000, of which Kelley-Koett will apply $200,000 to the payment of existing indebtedness to Tracerlab. Any balance of the proceeds to Tracerlab, together with the said $200,000, will be used by Tracer¬ lab for working capital and for other general corpoPErte purposes. » The funds so received by Kelley-Koc-tt will be' used to pay off $275,000 of notes held by Meyers, a $250,000 note held by American Research & Development Corp. to provide, working capital and the $200,000 note held by Tracerlab and initially issued in the amount of $250,000. The balance is to be used for working capital and for of other corporate purposes. purchase by Tracerlab The of the controlling interest in Kelleythe purchase from Meyers (representing himself and principally members of his family) of 11,711 shares of the 15,941 outstanding shares of 6% cumulative preferred stock, and 23,217 shares of the 24,000 outstanding shares of Kelley-Koett, for an aggregate purchase of $627,250. For such purchase price price, Traderlab also received an option to purchase 1,550 additional (scares ofjjthe preferred at $15 per share coupied with a proxv to vote Koett involved other persons, ahe same,-. Subsequently, Tracerlab purchased additional resulting in its ownership on April 30, 1951, of Kelley-Koett shares, 11,993 pre¬ and, 23,608 common shares. Kelley-Koett is in default as to the'payment of preferred stock dividends, as a consequence of which the preferred stockholders have all the voting power4of which 85% is ferred held by Tracerlab).—V. corporation on May authority River to 173, 1797. p. Corp.—Expansion— asked the Federal Power Commission for 11 auxiliary pipeline crossing of the Delaware Hook, Pa., the estimated cost of which is $1,123,415. construct Marcus near The project an would include 7,200 feet of 1234-inch pipe.—V. 173, Union Electric Co. Missouri of 1280. p. Subsidiary to Sell — Electric Distribution Properties— This company and Missouri Power & Light Co., its subsidiary, have applied to the SEC for an order authorizing Missouri Power to sexl its electric Public distribution Service This 1950 order as a purchase Missouri part Chilton, at of price in cash. which of were Union's held by Commission the Net system. The has SEC hearing a given upon persons until May 31, applicatiaon.—V. 173, p. 1797. interested the United Aircraft Corp. and before Federal Net other be to with will its to re¬ sale 1951, " 1951 1950 1949 $87,950,621 $65,639,922 $55,183,251 8,734,406 income 5,881,736 1,601,683 taxes share* 5,016,970 2,397,219 394,852 $3,717,436 $3,484,517 $1,206,831 2,656,701 income taxes 2,656,701 2,656,701 $1.18 $0.33 ——_ income Common the the (& Subs.)—Earnings— Three Months Ended March 31— Sales 28, of of not proceeds of the in connection Missouri Power for expenditures substation near Moberly, Mo. quest Dec. a acquisition disposit on permitting Union's subject to the Power, by Missouri to Mo., $650,000 proposed to facilitate compliance with Commission the of located properties for properties, used new of stock retainable be Co., transaction is Clinton Texas Lightweight Aggregate Co.—Underwriting—As¬ sociated with Securities Management Corp. in the under¬ writing of an offering of 19,000 shares of common stock (par $1) are Rauscher, Pierce & Co.; Binford, Dunlap & Reid; J. F. Perkins & Co.; and Southwestern Securities Co. See details in V. 173, p. 1994. public The by amendment. $497,250 will be applied to issued as part consideration of sale, stock paid in cash). Profit 1140. returns the discharge of a $497,250 note the purchase, in February, 1951, from Phillip M. Meyers (Cincinnati) and associates of the controlling stock interest in The Kelley-Koett Manu¬ facturing Co. for an aggregate price of $627,250 (the balance being wore year tax filed a registration statement* with the of its $1 par common stock. offered for public sale through an underwriting by Lee Higginson Corp. terms are to be supplied the of May 17, as 11 shares to company conso.mai.on shares headed group Federal pp." 2225 and 2484. 172, May on three resulting the $189,000 consolidated the Service Co., former parent of the com¬ ownership by Cities Service of the; common of ineligible corporation in for taxes savings " of income 319,542 'SI,368,07a Cities company covering 175,000 income include Tracerlab, Inc.—Registers . 1950 5,145,736 $1,480,086 •:$ 1,687,620 —— Federal company's reduction of Federal ago taxes.—V. a for —' ■—•; returns tax common to supply the • deductions-L*—277,656- Cities Service Co.—V. of 3,340.000 compared $61,215,798, was payment and two-thirds has been approximately 3,340.000 1951 that export shipments during the quarter were allocations established by governmental agencies. noted report 31, $'2,945,137 2,421,380 $1.22 ' V ' 1951 — provisions Upon stock $6,407,279 $1.83 March ago the in accordance No $6,115,800 — ;. at year stock capital 8,9s6,279 2,589,000 outstanding——. share per Earned 9,347 800 v " — March ended income The ———3,232*000 — . shares Earnings and taxes. taxes—— 1949 - $1,682,222 5,398 inclusion pany. 1950 $16,019,515 $15,673,860 — $1.99 "/ ~ • . Transcontinental Gas Pipe Line 1951 sales-—— income profits .Net outstanding "Earnings per common shftre a $1.27 "After preferred dividend requirements. t NOTE—Contracts, orders and government letters of intent at March 1951. amounted to approximately $910,000,000, which compares 31. with 1950.—V. 173, $715,000,000 at Dec. 31, p. 1994. consolidated $0.51 financial $0.57 statements $2.81 include the $2.82 accounts stockholders 250.000 authorized number of number junior then used common On the to p. 664. on shares, of 4% of all subsidiaries of Stone & Webster, Inc.; other than Industrial Gas Supply Corp., organized late in 1950, and foreign subsidiaries.—V. 173, - United Biscuit Co. of America—Earnings— Textron, Incorporated—Plans Preferred Stock Issue— The income from - — 1950= - $3,059,563 2,421,380 $1.26 $6,827,951 etc., NOTE—The months now 3 Months Ended March 31— - - debt expense Net Y::' ■■; ■'■■ 1951—12 Mos.—1950 $4,679,734 2,806,153 Federal income taxes: Income *Y: wholly amounted $5,545,773 expenses See also 1951. 1, ;'.:. v. 1951 " $4,806,542 incomeY—$1,202/430 Net Texas Gulf Sulphur Co., Inc.—Earnings— p. Period End. Mar. 31— Gross : company $1), sulphur Stone & Webster, Inc. General /:Z [ is offering about 10,000 shares of class A stock to employees at $12.33 per share, on a basis that requires them to in turn offer it back to the company whenever they leave the employ of the company. See also V. 173, p. 1993. $3,992,040 101,588 $1.06 172, business June of Swartwout Co., Cleveland, O.—Stock Offered to (The) income ' the close until 1993. p. Employees—''' in 1951 — profit '"Revised.—V. stock at the trust 1951.—V. 173, p. 1993, The is $9,167,782 5,000,000 ——— taxes dividend Payment will be made at common the Export Preferred into v'j The before converted be may the close of business June 11, company until b. Sterling Drug, Inc. (& Subs.)—Earnings— Estimated tAfter * of New York, 140 Broadway, New York, N. Y. Guaranty Trust Co. of Earnings 5,059,113 $0.49 Corp. $7,711,009 —»' 6,245,058 income Carton Inc.—Management new 8,735,415 outstdg—— | corporation has called for redemption on June lif-1951,'all of cumulative convertible preferred stock, series B, at $25.50 per The (par . contract underwriting contract with George A. Bailey & Co. of Philadelphia, Pa. $2,961,733 number of common share proved— present $6,056,824 —^ - Gross The 3,711,733 750,000 share, plus dividends of 22 cents per share. Co., Cincinnati Chemical Works, Inc., Emery Industries, Inc., Drackett Co., Stearn & Foster Co., and Fox Paper Co. ;. : Sovereign 3,275,910 its 4'/2% 3% promissory notes maturing in 1971. on 9,332,734 Calls 4V2% Preferred Stock— This - -'"v." cooperative and non-profit company firms with manufacturing plants in the 11 by $31,031,039 $14,196,053" .... ...—.— —. taxes—; taxes— preferred dividend requirements. $7,351,745 $9,993,200 8,293,798 Southwestern Ohio Water Co.—Notes —This company, owned 1T950 per common share———$0.62 "Includes Barnsdall Oil Co. ("Excludes, Barnsdall Oil Co. 'the Net - ' cashier's a 1— —$1,465,951. (net)___——_y,i_cl'--—___—^ 14,135 income underwriting ^Earnings 1951—3 Mcs.—1950 $28,667,719 $24,129,908 $84,321,534 -870,787,025 -109,422 91,099 324,475 271,035 rev._ expenses Co.—Earnings— 1951—Month—1950 ..— revenues Operating income income Average Southwestern Bell Telephone Peiiod End. Mar. 31— Uncollectible *1951 of Parkway Fullerton Co.—Earnings— . taxes— share— per the property on net, and that form operating Income—! Other An Net Operat.np, Net y 1279. 1587, pp. income income before for Prov. —V. ; Quarter Ended March 31— " Net a its ship is also continuing to high rate.-MT, 173, p. 1483. company at Sunray Oil Corp.—Earnings— 5~5~616 — the date the of 172, p. 2129. Of 93,071 taxes to commercial products Cr75 C'r25 prop was although normal charges—— Operating . $6,248,000 increase The said, Operating of 1.125.300 Operating revenues—— Uncollectible oper. rev- Roller Bearing Three Months Ended March 31— $2,024,000 In single month , V backlog of orders on April 21 totaled $24,056,000, an over Jan. l unfilled orders, Mr, Olson said. due largerly to the national defense program, he company's increase t $675,000 in ' after 1950, -; »»•'»' Olson, drawn operating revenue—— Operating expenses 376,256 $0.47 :■ $0.85 ——:— — President, pointed out that sales of comprised the largest shipments in any F. March, -Earnings— Southwestern Associated Telephone- 376,256 check be must $25,000 to order Gross $174,971 $318,682 ——i ————i__;— outstanding—1 approved the sale of bid deposit Toledo Edison Co.—Earnings— 1950 $3,039,000 'v ,383,657. 208,686 505,195 +■ —— —... profit Bruce period End. Mar. 31— taxes (axes Common \ , before for Prov. - — — Profit company Corp.), Parkway will be held May 24, at 520, 105 South La Salle property Corp., Room 10 minimum must 937. p. Interest; 1951 $5,328,000 —i823,877. company's Service April on th«* certilied Earnings ' ' Three Months Ended March 31— Sales not were had filed for reorganization under Chapter 10 of the Bankruptcy hearing on a plan was held-April 20 in the Federal Court petition a bonds 5f# fund 1951.. Previously,-the May I, paid at maturity on Act Sundstrand Machine Tool Co.—Earnings-: stock divi- 100% a Ic6, p. 508. capital shares—2;421,380 ■/ Gross ""'Yv /'• v selling stock-; 1 J T": *, proceeds went to Richard Harris, the 173, p.' 1893. "/ 7 ' " the of bidders profit Number , holder.—V. 173, Corp.—Bonds Not Paid— sinking mortgage shares.^-'V. 200,000 to the 3,000,000 shares (Y'YAY.:::v'" ,"• 1279. p. approving a proposal .to in¬ 23 on . authorized common stock from 2,000,000 to the crease pay 425.843 of issuance tlie to date.—V. (Fullerton Parkway Quarter Ended March 31— Inc., and Lester & Co., on April 27 offered 10,000 shares of common stock (par $1) at $4.50 per share.. The offering was quickly oversubscribed,, and Southern Union Gas Co.—To Increase Stock— order In same 111. that 124, Net seller & Durst, The of the Securities Timken ;v$190,665 Offered—Wagon- Service, Inc.—Stock Gas 1 authorized 21 stock common record stockholder* or —V. tf— $234,649 - of prospective of 4%, sinking fund institutions. 1 May 1, the corporation had outstanding 757,986 shares of stock and 9,995 shares of preferred stock.-—V. 173, p. 1893. Suburban 1992. p. stock— prelerred March on of auction Chicago, condition 1,571,592 i 460,183 charger?--!.-'-— after shares offices $1,893,732 „_ operating income-- cumulative 5% on 'common Net $1.55 Cotton Mills—Stock Dividend— (Ga.) Fullerton Public 117,878 103,525 22,500 the first quarter of this year, $1,500,000 debentures due May 1, 1965 was sold privately to 9,467,950 1,493,250 10,793,194 2,023,353 3,252,165 3.757,474 expenses $2.03 shares—408,461 3/20 shrs._ • holders of Street, $241,381 ' $207,849 o,73217,184 earnings During $634,034 Chicago, 111.—Proposed Sale— $451,752 ; 124,904 290,275 31,500 . ... — $4,374,113 $14,652,775 $12,854,932 $5,004,148 revenues $438,510 13,242 4 $688,060 — — contingencies—: for Balance 273,377 $827,851 shares— common • stockholder check $4,381,797 $14,693,381 $12,884,210 7,684 40,606 29,278 $5,017,358 rev.l oper. — deductions.—. inc. <fc excess profits taxes (est.) Fed, Dividend $907,411 273,377 44,442 64,176 $673,46914,5!1 »' income::.—— _r; etc., for Net 1951—3 Mos.—1950 1951—Month—1950 revenues Uncollectible The additional •dend to Co.—Earnings- Telephone England End. Mar. 31— ... income; taxes on —— Interest, Prov. Southern * $1,338,453 -1 855,501 the Total Provision Period ——I ' Thomaston 399 1796. 173, P. . $1,242,443 96,010 $1,778,134 1,040,489 ; for common per * $5,385,944 $3.63 $1.42- $1.44 Ftderal than (other Net $1,101,228 tax income requirements— 173, p. 967.: ' $1,673,145 104,989 — — operating income—— Operating and general expenses 1,758,244 1,789,983 1,364,711 457,300 . excess dividend ' $2,208,915 $2,464,164 _ share— per —V. 1950 1951 Gross Other Earnings Earned Corp. (& Subs.)—Earnings— 31— profit on sales. operating income— Other Taxes income— Gross March Ended $7,144,188 $12,902,183 $10,131,078 $39,959,723 Operating Oper. Months Three 2,067,728 966,500 tax profits taxes- 2224. Suburban Propane Gas 1951—12 Mos.—1950 1951—3 Mos.—1950 and Federal BaTanfce' available Period End. Mar. 31— income Federal $539,842 $2.07 profit'ybefore ■ \ —: - sales Net 349,900 $502,768 3. —— — $20,617,704 $17,537,471 Net $889,742 profits taxes excess earnings Earnings "Loss.—V. and income Net 1950 1951 12 Months Ended March 31— . $1,087,568 taxes———— income before profit federal $300,890 322,o69 Nil $266,215 outstdg. Earnings per com. share Common Net chgs. after profit 195C 1951 9 Months Ended March 31— 1948 1949 1950 Monday, May 21, 1951 . Thatcher Glass Manufacturing Co., Inc.—Earnings— (S.) Stroock & Co., Inc.—Earnings— Smith & Corona Typewriters, Inc.—Earnings— (L. C.) Quar. End. Mar. 31— . . for issued present June 8 will vote preferred stock on authorizing a new issue and outstanding. $1.25 preferred $100), 23, Profit The stock. new The and on preferred proceeds would be the stockholders will vote before Federal and income State ' Net profit increasing the 173, p. $2,416,875 taxes—, —————— Common on stock from 2,000,000 to 3,000,000 shares.—V. 1951" » taxes-—— income 1 1950 $1,857 635 1,289,965 743,029 $1,126,910 951,565 $1,114,606 ' 951,565 $1.08 be to are expansion. May Three Months Ended March 31— of reducing the shares of $1.25 convertible preferred stock to the (par authorized 1588. shares Earnings per —V. 172, p. :. ——— outstandings common 2029. share--. . J—1 $1.09 Volume 173 Number 5013 . . The Commercial and Financial Chvonicle . 11 (2095) • United (Del.)—Market Value Corp. ; At the market indicated share. first has Exchange. November, of tiie Act. it $4.37 owned, share, per four months ranged in stock or the plan decision 173, p. to by 1951 between the 10% as of has with Commission the itself 1588. United Public at Yorlf Stock premlym, at a Pipe Line ' Pittsburgh, The United New Utility in to this Curb Holding Company the is-expected May 4 granted supply natural gas to present customers and the Naval Air Station at Saufley Field and the future. near Total , after Prov. Field to funds noticed Eglin do so. in the active was Broadcasting Co. interests to accounts the recent Paramount its expand necessary in Air BAse. Force operates television this for and connection, the to press discussions which in In net in engaged works. active in discussions have have We all-electronic Net tions, of The the 2,681,305 by of the and radio vert those terest <82% to titled of vote in of sale the details that we and eligible future the stock) who full not. done able be withheld dividend, con¬ We until now being as breakdown the of reference beneficial the to ownership larger in the stockholders matter further with the Department of Justice is obtained.—V. 173, the once to Period End. Apr. 30— the For L. A. Sales for the records lor these on in have quarter and April also established 765. p. in their offer an speculation" 1,999,000 shares of will of be the for used road repair the and of expenses proceeds ~ will purchase of road be before Federal 1,033,988 116,960 1,033,988 1,292,485 1,292,485 $1.44 buy Preferred and to funds general reportedly stock income owned the "$1.29 stock mining operations. CAPITALIZATION '. The stock for share during March on EFFECT 7. . exercise also of 22, reserved to PRESENT and his brothers have and company ended have $25,000,000 for about $15 share.—V. per 173, 24% the Harry M. and Jack L. 24% of ' the total). (about and p. of Albert This would 865. and 1951 will 1,000,000 purchase of'its shares said shares common '20 at Cents period. the of ' corporation, incorporate^' jiv Dela¬ 1951, is the exploration, development and operation mining properties. The company is in the exploratory and development 'stage. It presently holds, under lease or contract of purchase, an aggregate of 25(4 mining claims in the Sinbad-Muddy River-Hondu Mining District (unorganized), Emery County, Utah. Because of overlapping, the claims are equivalent to 17(4 full lode mining claims covering an area of approximately 345 acres, The principal claims are located on Tomisich Mountain, of uranium The for and holds of 20 by the company 22 years for a these of from claims April further term of under 1951, 5, 20 lease. with The lease is right of renewal a years.—V. 173, 259,506 $472,614 $399,050 $1.31 dice, for proposing natural lack the of Commission prosecution, construction of a on the pipeline project to from Texas and Louisiana to markets in Indiana, Ohio and Michigan. The application had been filed in June, 1950. The company's proposed project would include a 1.000-mile line extending from Hardin County, Texas, across Louisiana, Arkansas, Missouri, Illinois, Indiana, and into southern Michigan. In addition, the proposed to build 500 miles together with necessary laterals for company Texas, V. gas 172, p. Van Lake The line in and Louisiana and distribution.— Uranium Co.—Statement Withdrawn— registration statement filed 500.000 shares of V. of supply 114. common stock with the (par $1) SEC was on March withdrawn on 23 and at the SEC sales 1949 sale __ 1676. * corporation Profit Prov. Net before for income Federal $ ' 1,032,055 166,028 823,725 ';*■*' $945' ' 1,227,053 V 899,892 . •' •/ $208,330 profit Capital shares Earnings per share 760,324 $549,357 outstanding share". Working capital per $6,016,063 1,399,857 850,500 taxes; and on net? March worth 311,800 r $448,524 405,706 - 31, was 1951, was income lorging Machine • $109,973 ' • ■ . Mines, Inc., Carson City, Nev.—Files— on (but ;' its taxes Minority '• ■■ plant in now 1950 1,600,960 , 810,775 income on in net 9,300,000 of subsidiaries — Bulk The by of $5,938,112 stockholders of record April 26, 1951, $13,699,100 princi¬ pal amount was subscribed for at par and the remaining $539,800 principal amount of debentures were purchased by the several underwriters headed by Kuhn, Loeb & Co. and reoffered by them in the over-the-countr market or at private sale. Subscription rights had expired on May 10. See also V. 173, p. 1931. is to 84,000 engaged is used sold for to side of shares, in the stock of is models of will be available made Show amounted period its in of in March to units, as three compared months to ended 2,843 March units for 31, The the company had on hand unfilled orders for 4% months of production at the rate prevailing first quarter.-It is expected" offered share for 173, 1994. p. „ * with Co. are the " ' shares. named under¬ as The . * 12.175% or " ■ , manufacturing business, the warp wool-filled upholstery automobilc-body manufacturers cotton and the and , Co.—Registers With SEC registration a with statement the capital stock, $25 par. for subscription by stockholders each amendment. five price held shares the on SEC the at record date. and underwriting terms are to be Stanley & Co. is named as the Morgan v May 10 announced:' on have directors additional shares the under of enlarged s consideration capital stock volume of business of of offering an additional provide to Chapman, the 102,197 funds to They will be offered to the holders of capital stock at the rate of one share for each five shares held, at a price which will be determined shortly before the time of offering. The statement Securities the made of Act and unless is company. contemplates the filing in the near future of a regis¬ relating to the additional shares with the SEC under company tration The 1933, until the offering registration stockholders will to not be effective. statement has become business 1951, or on such later date as the registration statement effective, to stockholders of record at that time and the subscription period will expire "on the 15th day after the offer. It is expected that the rights will be admitted to dealings on the that expected June the offer will be made the at close of 5, New York Stanley Stock Exchange. & underwrite arrangements Co, covering the offering. that, barring material- shortages, have been made the formation of with the firm of Morgan underwriting group to an . COMPARATIVE STATEMENT EARNINGS OF Three Months Ended March 31— sales Cost of — __ Other income Total 1950 $13,916,293 16,801,292 3,378,178 10,694,296 2,318,506 $2,584,863 $903,491 ——< —— — tar.es ., income "Earnings "Based $925,162 107,029 $467,946 $0.92 $950,030 $1.86 —. share— number'of — — — 350,187 1.604,929 ——-- * f per on — - 21,671 $2,636,189 81,230 1—~ income..; on 51,326 . 1 Interest for ——— . income Provision Net 1951 $22,764,333 - goods sold-,-—-.—— and administrative expenses.,-. operating income—- of period. shares outstanding at end *, company's backlog of orders on hand at March 31, 1951, was approximately $32,000,000, compared with approximately $9,000,000 at the same time in 1950. The current backlog does not include any The substantial booked portion in of shares, government business. 173, p. the second quarter —V. the will to vote June 27 on effect a . „ ■ Net before income shares 173, p. n taxes— — outstanding — fsooOO $8,580,142 ~~ « — --- ed° r t o ^ r efl e c t ~ "the" _2- fo r -1 ~ ~st oc k - split 865. proposal to lb 72,000 Earnings ..,,1.9,5ft177q S1",458,779 . A d 1 us t a (& Subs.) March 31— other revenue income taxes income E V. and Dividend— approving stock (par $20) from o6,000 shares two-for-one split-up.—V. 171, p. 203a. Youngrstown Sheet & Tube Co. sales it is expected, will capital Three Months Ended Net This, 1931. County Gas Co.—Plans Stock stockholders The Increase Capital 1951, to be to its date; subscription President, the 1950. 31, products equal the 5,063 the for are manufactured , Federal for the non-vehiCuiar be to Plans Offering to Stockholders—Gilbert W. Profit Gain— Deliveries of trucks and buses filed 16 underwriter, these Western-type cab-ovcr engine Diesels for highway service will be known as White-Frelghtliners, to be handled by the sales and service facilities White operates in 11 western states. Deliveries orders other sun visors, glove compartments, head lining for automobiles. as shares of new one record York of sales, announced that White with the Freightliner complete line of Freightliner Ore., whereby the light-weight, cab-over engine Diesel trucks through the White sales organization. added these, in textile a automobile May on 102,197 by charge Portland, military only parts & 690,000 being walls, and principal be by the Indiana.—V. McDowell A. product normally which Selling Bauman, Vice-President, in agreement has been made for included and are to be offered for public thereof; and none of the proceeds will public offering price and underwriting amendment. A. C. Allyn and Company, outstanding supplied 198„739 $9,997,073 —— of 3%% debentures due May 1, 1965, offered by the corporation for subscription by common N. components were *{ The company will apply $1,000,000 of the proceeds to the payment of presently outstanding bank loans recently made to augment working captal. The remainder of the proceeds will be placed in the company's general funds, to be used for general corporate purposes, including the maintenance of the company's working capital position and the acquisition of machinery and equipment.' r the $14,238,900 sales own eleven company partially- Wheeling Steel Corp.—Subscriptions for Debentures— As cartridge outstanding George has the 3,225,086 321,231 . income 173, p. 865. 1951, shell becomes etc.——— $54,360,199 $36,670,020 _ income same a own is Net equal to-approximately $24 Co., projects Anderson, holders company. be supplied 155,950 shares The on — interest pro¬ $2,000,000 wholly owned a * shell vehicles. The engine component jet backs of front seats, It 1951 products, logs, pulp, (.net) income Federal $1.11 for way company, fabric 809,991 $55,961,159 $37,480,795 Net profit before income taxes--—;.——t—19,629,304 y,361.957 The Rausch, this of v and stockholders. and Tentative Total 405,706 $1.35 equal to about $39 per share, Mr. reports. Although it will have little effect on 1951 operating results, W. C. Keeley, President, states, completion of the current expansion program will have a-considerable-effect on the- company's 1952 production capacity.—V. 173, p, 765, Keeley to principal 700,018 $327,161 •• ' of lumber Corp. under are 1 the rate , : a' \ 3 Months Ended March 31— Of R. phase selling stock¬ in the aggregate 581,300 shares, or 84.245%; and the sale of the 195,800 will reduce their aggregate holdings to 385.500 shares or 55.87% (in addition, members of the families of the selling stockholders will, upen completion of the offering, own an aggregate of 108,700 shares, being 15.75% of the outstanding stock). , $ Weyerhaeuser Timber Co. (& Subs.)—Earnings— -V. Raymond first military are company holders 30,000 market at •f,;'"' J. $8,535,268 taxes__ income for gear present the are The 154,750,568 115,831,224 124,529,669 May 8 filed a letter of notification with the shares!*of capital stock (par 10 cents) to be not exceeding $3.50 per share) through J. Arthur Warner & Co., Inc., I4ew York. The proceeds are to be used for exploration and development of Utah properties.—V. 173, p, 665. Other for on May 14 fiied a registration statement 195,800 shares of its $1 par common stock. the to The Explorations, Inc., Las Vegas, Nev.—Files— covering Sales big contract (Me.) Woolen Co.—Registers With SEC— shures by terms corporation offered a 1950 the Toledo value. writers; 1948 covering 1951 ^ that facilities its Forces' company covering accrue White Motor Co.—New Sales Agreement— Three Months Ended March 31— Net to the company's April 30.— America—Earnings— in Air Initial an assemblies. gear expected - other being covering Calendar Years-*—— 1950 166,973 taxes——/ income-.; 172, p. SEC 173, p. 1420. Vanadium Corp. of 'r The company 39,360,100 income— owned carry is facilities ■ landing and contract 9 $144,500,000 its v statement year Co.—Earnings— off May 8 filed a letter of ndt'ification with the SEC covering 1,750,000 shares of common stock to be offered at par (10 cents per share), without underwriting. The proceeds are to be used for exploration and development costs, and for new equipment. dismissed without preju¬ application of this corporation May it $3,000,000 the a in '. - — Westates Valley Gas Pipe Line Co., Inc.—Application Dismissed Power landing said of Contract— of program for gears receipt signing Pontiac, Michigan, for the production of the Jeeps Net Federal landing announced $1.11 ; — Net The of . preferred at $60 per shale. $250,000,000 backlog of unfilled orders and contracts in negotiation for civilian and military business reported in the company's recent mid¬ and iJ.— share ( 1994. p, at expand Both The 643,441 $ vanadium company period a the exceed assemblies. (from $658,556 profits taxes excess Mar. 31,51 The non-cumulative 1950, Willys-Overland will use 430,000 square feet of plant space for the wing and nose landing gear assemblies without infecting its civilian or military -vehicle production capacities, Mr. Rausch said Rehabili¬ tation of the five-story building in which the operation will be housed is starting immediately.- Plans include installation of 350 heavy doty machine tools to machine the landing gear components. The company 1950 $1,116,055 1230. p. the ;to .100,000 outstanding selling stockholders are officers and/or directors including Earl B. Foss, the President, who is selling the largest block, 71,950 shares, involving a reduction in his holdings Mills—Quarterly Earnings Higher— — Western Gold Outstanding 4,049,000 shs. of Seven of ; 3 Mos. End. FINANCING Authorized 10,000.000 shs. ; warrants business TO - . three-year a BUSINESS—The ware GIVING , has company stock per y (par, 1 cent)- 7% 27, Rausch also revealed negotiations program at. Wilson Foundry & finance Common change $50) 39,700 retired was stock. offered by families _;L per 173, The and of Dec. on Yale & Towne Manufacturing /- and supplies, for expenses working capital. Including for also company Wilton that he in their taxes— profit Net the May 14 announced the multi-million dollar tooling production cargo plane. Incorporated, Wayne Knitting (par one • added equipment building, $1,784,638 -Three Months Ended March 31—• —V. (par of on a the subsidiary of Gross proposal* to a shares split tooling 1,190,000 L_ interest to equivalent to Expenses • stock common share. per net 2,330,000 on group Weeden & high new ... for The $69,235,000 Uranium Corp., Salt Lake City, Utah—Stock Of¬ & Co. on May 14 publicly offered "as a PROCEEDS—The 1950 .7 .. Warner announced fered—Tellier cent) at 15 cents taxes v -,. for 173, 1951 , $86,270,261 $82,665,271 4,192,483 2,974,638 share i Sales periods.—V. 2029. p. ' 1951—12 Mos.—1950 , final on Pictures, Inc.—Negotiations for Sale of their and been Profit begin duction- will the company's Warner ." Utah retain Lurie's Mr. redeemed were Vice-President, (& Subs.)—Sales Up 62% $6,769,000 $108,545,000 51%. 171, 1 , of year.—V. _ ; quarter ended April 30, 1951 consolidated sales were compared with $19,823,000 in the same quarter of 1950, increase an each *.. paid M. necessary final $29,980,000 $0.40 based May 2 that an offer to purchase the controlling company had been made by a syndicate headed by Lurie,. West Coast xeal estate operator. Net 1951—Month—1950 $10,960,000 $151,809 stock* and $1,862,483 common reported was interest —-V. Sales $180,385 preferred on Outstanding May 10, Earnings United States Plywood Corp. stock paid Bros. negotiations 1703. p. 78,000 $0.53 paid preferred dividend requirements, September, 1950.—V. 173, p. 1994. decided determine element of working control exists. We are currently can¬ vassing brokers for information on larger holdings and we shall pursue this 229,309 Control Dropped— en¬ any Information $1,305,119 - to production • "After It approved 40,000 2-for-l a outstanding 6,000 shares corporation The 1950 * 416,385 State income and profit dividends Oh 20 from Willys-Overland Motors, Inc.—Government plant $4,197,356 taxes '. Earnings ^per corporation, to income shafts in¬ of receive the (par $50) C-119 (& Subs.)—Earnings dividends are so. to up well as converted certificates will of The 1951, eligible to are your been been : income other Warner 10, stock.. There yet as convert May had common less has of As stock to effect 5,900 taxes dividends common Common in $25), cases. Common stock. your particular whether All stock $8,059 1 for Federal Net control of the corporation. Having met in part the formal quantitive .requirement, we have held some discussions with the Department of Justice on" termination of the Trust. The Department has requested a with 110,000 $151,219 share common Preferred expect we products 'V theatre television. that you which 20 These 22 installa¬ operation, will give us a have to so addition, for Corp. in or America judgment provides that the trust may be terminated by subject to certain conditions having to do with the working statistical 31,600 1951 Federal deducting before Prov. April on common (par shares. $91,130 13,959 $40,530 _ shares of Profit in¬ were consent court, 261,219 236,000 sales and the The $339,717 6 Months Ended March 31— Net film-type' theatre tele¬ concern. into possible dividends the of shares interest, as have of In large-screen interest 500 are Corp. Pictures outstanding of of Radio intermediate matter the who back receive to of soon as the verify however, installations. two for a holders of you so the already we certificates of portion and of still is cannot the purchase of ABC and that the without any deal being consummated. Paramount five the certificates do to from trust of their urge the to number of a 1949 The before income "After tele¬ for television future near shares holders still 1950 taxes "Earnings per we you that effect purchase nationwide state, can with order theatres equipped 27 voting I suspended theatre the added total shares Detinning Co.—Earnings Higher— income 322,580 will deliveries White's 1994. p. stockholders authorized Mr. - the in . from Federal date, Whitehall Cement Mfg. Co., Phila.—Stock Split-Up— 3 Mofaths Ended March 31— Income r an installations I reasons reports. discussions been placed delivery in vision obvious For various the 173, To factor share 968. Vulcan • vision V. be will additional one 72,180 : * 173, p. — hopes the aside cluded also of $165,191 ..... taxes Walgreen Co. corporation American at major a contract including markets new Expansion in Voting Trust May Be Terminated — Leonard H. Goldenson, President, in a speech to stock¬ holders on May 15, said in part: . have 1951, 14, stock rate continue at approximately first- " on military orders nave not operations; however, production is about to begin en several large defense orders which will materially ' increase this phase of the business, the company announced. See temporary author¬ Paramount Theatres, Inc.—Plans Television United May capital 1951 — charges-i.—- profit Net may on the 4, 1951, the distribution held.—V. 173, p. 1994. income for Net The construction, estimated to cost $1,945,000, will bring the total capacity of United's Pensacola pipeline facilities up to about 75,700,000 feet per day.—V. 173, p. 1176. set that June on share income Profit ' cubic The business stated production levels. been company to have Exchange Quarter Ended March 31— for the construction of approximately 50 miles of pipeline in the southeastern Alabama and northwestern Florida area United of commercial quarter par Virginia Iron, Coal & Coke Co.—Earnings— modification) —V. ization York ex for each share the capital stock, the capital stock for each no The* to minor . on split-up of the Pa. New quoted Co.—To Expand— Power Commission Federal -The 2-for-l a value. • Gas of effect to company is distributing cne additional share held of" record at the close of . . the staff of the SEC 1950, (subject the the selling asset net report for approval comply on been above more annual 4^4 and 4 30, '. i value market per at, April , order on $4.12 was and the In stock, based common investments was Vanadium-Alloys Steel Co.—Stock Split— '* the " 1950 recommended final A —V. 1951, Generally, - much as mentioned As for Higher-— i' of , stock common value . the During times 31, " i ,. net asset quotations March At 1951, $4.36. - of 1950 the end - *$604,228 <8^000 $7,490,941 i 675 008 in September, 1950- *>^o mn 3'35^°gg "$2.23 12 The Commercial and Financial Chronicle (2096) Per DIVIDENDS Dividend announcements In tables. first the grouped in two separate are indicate we nounced during the current week. dividends the all Crown which Then Common show the we 5Vr Abitibi Power $1.50 Insurance Extra Adams (s-a)_» Gas Equipment, $3 Great Southern partic. Alaska preferred Packers Allegheny-Ludlum Steel Allen Industries, Allis (Louis" (s-a)__ (quar.),—.— convert bie Airlines, Car 7 Y T/i The directors of the above company a payment Cyanamid Co., (quar.) com. preferred A B 6-20 Export Lines, Stores -American ; East 1 6- Co. ■12-14 4-1-52 6-29 7- 2 : . .: 7- 2 6- 5 Equity Fund, 5 Erie & Pittsburgh Erie Railroad 7- ♦ 2 6- 1" prior preference (quar.)——^ ' $1 7lft. preferred (qi'.ar.)—.— ——,-$1.75 American Zinc Lead & Smelting— "4 6-15 6- 1* Co. (quar.) conv. Iquar.)2__«w___,.i_i,/__; prior preferred (quar.) Arts Corp. (quar.)——— 7-16 5 8 2U 7- Fire 1 7- 6-30 '6-. 8- $1.25 10c 6'A 5-21 B 6-29 '6-15 Florida Arkansas 25c 6-20 6- 5 T/z'/t 6- 5 Aro Western Equipment Asbestos Extra Gas — 15c 6-20 6-29 6-29 "6-12 Picture Motion Inc.— Industries, 15c Associated Telephone & Telegraph Co.— preferred (accum.)__ __ $6 T/r preferred Food 6-12 —J—-**/-* $50c 425c (quar.i ,_ Associated _ (irreg.) Corp. Ltd. Corp., (quar.) Co. ; 7- 2 .6-14 •- 6- 1 7- 1 7- 1 (quar.)——— / Atlantic Avon Greyhound, Products, Co. 6-30 6-15 2 6-18 — 4% Inc. pfd. $1 (quar.)—— r $1 —35c —— 76- 1 6- 9 6- 7- 1 Co. Foods, Class A Inc., Preferred ' 6-20 (quar.)—— common (quar.)__~i_ common Bank Building & Equipment Corp. of Quarterly _ _ Bankers National Bastian-Blessing Life Insurance Co. (N. J.) 15c j. 50c (quar.)-1 Co. /Beeeh-NUt Packing Co. Bird Amer. _//: (quar.)—__—_ .t '40c & 6-15 1 ; Fruit of 5-10,. ' 2 6-15 5-23 Son, 5% preferred (quar.) $1:25 Ridge Corp.- (irreg.)—' 22c, Bock-of-the-Month Club'Inc. (quar.)— * 25c 5-31 2 6-18 Boss 5-25 5-11 Blue Manufacturing Boston Wharf lirach (E. Breeze Corp., Briggs (s-ai Co. J.) new 50c 4 &« (Sons (quar.) Corp. $1 7- 6-29 66- 8 25c (quar.) 2 6-11 6- 1 6-15 15c 6-15 6-30 (entire — 4 • issue called preferred 6- 1 5-21 28 Vac 6- 1 5-21 25c (quar.)— 5-25 15c 6- Water Service Crushed Canada Life Assurance (quar.) Co. Stone, Ltd. Co. ' _ Wire Class A Class $1 5-21 5-26 7- 6- 2 (quar,)_ , (quar.i, 6-15 7- 0 6-15 $5 Company, $12V2c $25c Detroit Warehouse Extra (quar.)., : Louisiana preferred Paper Steel 5-31 Co. R.) 4V4% 5-23 $1.50 1 5-15 Hamilton 5-15 (quar. 25c 1 5-15 6-30 6-20 6- Co. of America (quar.).——„ common pfd. Co. Mill Lumber & Co. Chicago, Rock Island preferred 5/4 A conv. pref. City Water Co. 5'/4 Cobalt Coleman 4'A% Colorado Company, preferred Central Commercial com. (quar.)— Conde Nast Consolidated Mines, Ltd. common Continental Coos Bay Gas Steel & 6- 4 6- 4 6-14 6- 1 (initial) 43c 25c 53»/8c <quar,)_______ 10-15 *9-29 5 5-25 6-12 5-25 6- 25c 6-, 1 5-15 $1.20 6-30 6- 1 " preferred Holophane One Co., I-T-E Ideal Ltd., B $i . Inc. (quar.) Corp. (quar.) (quar.)_ Lumber Co. (irreg.) 6- 1 :5-22 6- 1 5-22 25c 6-15 6- 1 20c _ 7- 6- 5 ' 183ic , 35C $2.50 1 6-15 Circuit Cement Industrial 6-15 6- 1 5-25 >6- 1 5-19 6-14 ' A ■ * 6- 1 Ogden "6- 1 Ohio Co. 6-30 2 ' e- 1 7- 2* 6- 1 Rayon B Corp. Harvester Water preferred Machine Co. iquar.) Telephone Corp. 5(4 1st preferred (quar.i. Johns-Manville Corp. 6-30 6- 7 6-30 6- 7 Peck Stow & 6-11 Penick 7- 6-11 6-10 >5-22 A- 2 7- 2 4 6-30 6- 5-25 - ' Pet & Milk Wilcox 7 Plymouth 6-15 Pneumatic 5-21 Portsmouth 6- 1 5-21 Potter .6-12 "(5-30 Public 6-15 . Rayonier, D. Real C.) 5 Reeves 7- 3 6-15 3 6-15 Reliance . $1 , $2 // & Ranch -6-13 6-13 Richmond 6-15 Risdon 15c 6-20 6- ; 6-30 6- 6-12 5-22 7- 37'A c Mills, 2 6-15 6- 1 5-15 6- 1 6- 1 5-18 25c 6- 1 5-15 50c 6-14 5-25 5-24 40c 6-15 7- 40c 6-15 5-31* $1.75 6- 1 5- 11 25c 7- 1 6-11 7- 1 iquar.) S7 pfd. (quarJ (quar.) 2 5-28 "6- 7 6-11 50c 6-20 6- 9 12'Ac 6-15 6- 5 35c 7- 2 6-12 I5c 6-21 5-26 $2.50 _ 1 100'-; (quar.) 40c • " (quar.)II Co. Gas $4.75 pfd. (quar.) 37'Ac 1 7- 2 6-15 7-31 6-29 6- 1 €- 5-18 1 5-23 6-15 5-31 40c 6-30 6- $1.183/4 6-15 5-31 6-14 5-25 Ltd Inc., $2c 7- 3 '6-12 35c .6- 9 *5-19 6-12 5-28 50c (qiiar.»___ 7- 6- 2 "(Wash" Co. com. (quar.i_._ (quar.) ; 15c $1.25 6-20 6-15 5-25 7- 2 6-15 com. 6-25 6- 75c 6-15 ■6- 15c 6- (quar.) (quar,) 8 6-30 30c (Pittsburgh) (Illinois) 1 50c (quar.)_ preferred 1 1* 8 5-21 Oil 7- 1 6-18 25c 7- 2 6-11 25c I_I_I 5-2.1 25c 6-15 40c Co 7- 1 6- 9 Co Cedar partic. 37'Ac (quar.). Co., lc Works Manufacturing Riverside Silk 5- 9 5-31 6-20 5-25 15c 5-31 5-15 5- +50c (quar.) 6-11 50c — Co. 7- 1 6-15 50c 5-21 7 Mills, Ltd.— class A preferred (quar.i 10-15 Robertson (H. 475c 10-15 9-15 Rochester Transit 50c 6-11 5-25 Rotary Electric Steel Co. (increased quar.) Ruud Manufacturing Co. (quar.I^ : ,■ 8 62'Ac 450c H.) Company Corp.— (quar.) : 6- 9 10c 6- 1 75c 6-15 6- 1 25c 6-12 *6- 1 6-15 6-23 6-15 Inc.— ~~ Inc. Paper . 6-204 6-11 6-15 2 35c (quar.) 7-14 7-1 2 Corp.— 7-16 75e 77- Inc. Pictures 7-14 $2 1 97'Ac 50c preferred Rice $1.25 6- 37'Ac Insurance Co. convertible Rhlnelander — 5 5-22 6-30 $3 Respro, Inc. Reynolds Spring 5-23 9-15 6- 5-29 $1.10 iquar.)____ preferred Title Mfg. 50c 1 6-F> 10c 4) No. 30c Life Insurance 430c 7- $1.39 Amer¬ African , dividend Corp. Hosiery 437'/2C 583Ac 1 $1.12*A Corp., Ltd. Brothers, :5-25 4* 6- (quar.)_ (stock prior preferred A Republic '6-11 8 57e 3'/2% 5-18 6-15 6-12 5-2b (s-a) Reliance 7- "6- 5-10 50c common Electric Inc., Silk 8 15c 1 6-15 (quar. Co. Corp. Steel Estate 6-19 2 Scale & 6-14 : Water, Packing Co. Raybestos-Manhattan, 6- 7- 6- (quar.) (quar.) Manitou Mines, .6- $1.06'A 5-11 50c Industries, Inc., .2 6-11 5-15 Inc. 6-15 2 i 5-14 (quar.R___ , Pullman, ;5-l7 6-30 6- Company 7- 6-1 of South (quar.) Co. Service 6-20 r/5c to Rath 6-20 7- 10c 50c (quar. Publicker 1 '6-20 1 $1,25 State O'l 1 35c : 6- ordinary- Hosiery Co. 1 I Pittsburgh Plate Glass Co Pittsburgh Screw & Bolt Corp. (cmar.)___ Pittsficld & North Adams RR. (s-a) 25c 4 2 Phoenix 2 1 7- 50c the 011 (quar.). Mfg. preferred 7- 6- 6- $1.50 $1.50/ Company, 4'A(4 -6-15 6- 6- 6-15 v. • . Ford, 6- 56'Ac : Co. Pettibone-Mulliken 5-15 .7- 44- 6-15 Co Pennsylvania Salt 6-20 6- 10c £ LtdCement Corp. Penney (J. C.I Company "5-23 5 6-23 7- +25c Penn-Dixie 6 12V2c . Cquaf.i— Y.i 6-11 2 6- Patterscn-Sargent Co.; 6-25' 6- 100(4 ! (N. 1 7- 6- - (quar.)__ Rust-Proof 420c (quar.i— 1 6- Co., Investors, Parker 50c convertible 6- 1 (quar.)______ preference Quebec — Power Co., common (quar.) preferred (quar.) Investment Foundation, Ltd., com.- (increased) 7-11 2 """ (liquidating dist. Co. American Lumber , held '(quar.i__ 4.70(4 Jamestown _ (quar )—_ i_ 7-23 7- 6-15 iquar.)___ Service Co. Brewing $1.50 :5-18 (quar. 5-22* 7-1 i (quar.) Pacific 1 Co. 7-11 SI (quar.) ■6-15 6- Powders, Ltd., common participating preferred (quar, International 7-23 5-31 $1.01'A Co.— Power preferred Pacific '6-13 31c (quar.) 6-15 $2 (quarJ pfd, (quar.i preferred Ohio I 5-25 vquar.) 2 20c ' -6-12 9 Bronze 7- 10c 1* com. 3 2 (quar.) 5-31 75c •• RR. shillings Co., 2 6- A 6-11 15c (quar.) Subject 7- 7- 1 5-31 1 40c Corp. 7- 50c pfd. 6-11 6- 20c "I_I 3.90(4 "•:/ 6-13 25c Co 5-31 (quar.) 4.40'4 6-15 7- 25c (s-af 5(4 Co. Corporation 10c (quar.i Water, 9 50c 7J/2':4 Edison Real Breaker 5-31 6- quar.) $1.39 to the holders or of 420c A 9 "_I quar.) shares. tax 50c common 5-18 6- 6-12 (quar.) Copper; Co.— ican . 6-12 412V2c Ltd.— shore Co. Light & Mining Corp. shares, 6-11 6-12 $5.62Vi __ (quar.) pfd. f payment of 10 25c $1.06>A —— each 1 5-31 6- ' O'Okiep 4 5-31 5-31 6-30 1 5(4 6-15 6-15 $1.25 (quar.) (increased Inc, Norris-Thermador 2 6-14 30c — — industrial Wire Cloth Products Corp. 6(4 7- 7- for 1 8 40c (quar.) Co., Steel 15c preferred class preferred International Jaeger 8- V 25c (s-a) Indianapolis 6(4 6-20 1 $1.50 Corp., convertible 4 'A (4 6-15 7- 30c (quar.) share "5-15 3 50c quarter-____i.'_-u# preferred Newmont -5-25 quar.) Rapid Transit, {. Pennsylvania ' 6-1 50c ; Corp. Newfoundland 5-25 I ' B Houdaille-Hershey Hunt's, 6- Inc.—* additional Honolulu $2.25 6-15 common Co., 5-16 10c Newburgh (Hartford)— Interstate 30C Power Corp. 5-11 6-15 (quar.)____ (quar.) Co. (Phila.*)— Utilities 1 6-15 Co. Publications G- 25c (quar.) Title Light 5 5 30c — (quar.) preferred (quar.) Connecticut 66- 5(4> 5 $1.25 (quar.)._____. (initial 1 1 6- (quar.) com. Y.-Chicago & St, Louis € Ye. 1 6-23 ;$5 , common Class Common 4Y '6-13 6-20 6-20 $1.12'A Co. Power Credit Commonwealth 6-30 $1.50 _ $1.25 Co., (quar.) Silver 6-13 Chattanooga— Quarries Lode 6-30 $1.75 Iron preferred $4.50 6-15 $1.25 (quar.) (quar.) Cleveland-Cliffs Cleveland common 6-lb 6-28 75c com.__ (quar.i_ of preferred Pacific RR., (quar.)__; Chicago Towel Co., 7'/< & 6-28 6- 6- : 7-2 ; Heywood-Wakefield G- 5-13 "5-15 Co.— Extra 60c Corp. 6-29 6-12 6- 1 7- Extra 7 Henkel-Clauss Co., $6 preferred Hercules Cement Corp.— 30c (qliar.i_. Extra 6-25 $1 __ Sugar Co., 5-31 7-1S 7- 1 Co. Y, Auction N. 5 Hazeltine 30c Chicago N. 412 y2c & 5-18 15c (quar.) Jersey Power & Light, 4(44.05(4 preferred (quar,)_. Pabst common, $2 convertible pref. Hawaiian Commercial New ■i 7-2 Extra Co., 5-31 25c + England Electric System (quar,)_______ England Telephone & TeRgranh Co.— Increased 9 (quar.). .5-19 6- 10c Mur 45c (this payment clears arrears) Bridge 5-23 1 6 2'Ac New 5-21 6- 1 '4 ■ 5-31 6- 1 6- 8 G '6- (quar.)—". Mfg. $1.50 (quar.) I_ tquar.1 (Del.) Co.. Company ' 6-30 6- .6-22 3 7-2 5-2o " 6-29 New" $1.75 6- 6-25 New So'Ac -u— 6-17 6-29 1 (quar.)_ca._25c common 6-15 75c ___ 6- 5-19 6-15 o- 50c Extra 6- „ 1 5c Natomas I 50c (quar.) 6-12 62y2c Chicago Great Western Ry.— 5/4 preferred (accum.) 6- 6-15. 8jc $1.12 Va i__ IOC . 6-11 (Winnipeg 1— $45c Chamberlin 2 25c common Guardian Investment Trust 1 15c 7- 6-15; >50c Company (quar. Paper Co. (quar.i Corp., preferred 6- 62'Ac _ Tile & 6- - : & preferred Hart-Carter (quar.) & Wire 7(4 6- Co.— National 14 2/7(4 Greyhdund lc - (quar.) Co. 5-23 .6-11 < 6- (quar.)______ — 2c — —_—. Electric 5-31 2 10c dividend Quarterly Great Western Sugar, 1 7- 25c Telegraph (quar.) Mines, Ltd. (interim)— 8 6- Standard 1 6-30 -6- 25c (quar.) Extra $1.50 6- - National 6, 75c Ltd Products ".6-11 $1.25 preferred (quar.i Government Employees Insurance Co. (quar.i (W. Food 2 $1 (quar.iJ—^ C (quar.i 50c 9 1 25c (quar.)_ 7- 12J/2c (s-a) common 6- $1.62'A $1.25 Corp., Shirt Shops 3at /. ,'6-11 t A 7-15 6-15 1« *6- 6-15 35c 1 increased 1 National 37'/2c ________ 6-30 €-15 National ', .20(4 Great West Life Assurance 9 ' ' (quar.)— Northern preferred 9 35c common pref. Discount 6- 62V2C 75c Specialties conv. i —_..15c, Distilleries, class 5-31 ■ (quar.)_____ Great 6-22 5(4 20c .• Brick F.i A Company National 7 5-17 1 Motor class Muskogee $1.50 . _' pref. 6-15 50c Co., 5 50c J, Co Grace 6- $2 * Nestle-Le Co 6- 60c ( (quar.) Metal 6- 20c 8 2 "6- Royal 6- '25c Co 8 3 5-20 , 100(4^- 6- 7- 5-20 6-29 \ (irreg.i___—5c Cement 8 6-15 17'Ac iquar.) 6-15 ? — (quar.)—; (quar.) 8 6- 50c (quar.>__ (quar.) Hosiery Co., common Muskegon .5-20 1 1 Co., preferred Mount Ltd.—- 5-31 7- 1 66- Utilities 25c ... • ctfs. 6- 2 (quar.) 6-15 — ((piar,!. 6- 10c .) Central Co. 6-3C $2 6- 6- 7 ' Investments, (B. Co. 75c (quar.i 6-12 7- (quar.)____'_ Water preferred 5(4 5-28 2 1 6-30 $37 'Ac ' /. 81'Ac $5 Stock 5(4 5-25 7- $1.12Va.' .' ' 6-30 , 6- Goodrich Ltd.— Boxes, (quar.)— _i / 6-22 65c 35c/ (quar.i— 6-30 7-2 (quar.) M:ssouri 1 Stock Co. 5-31 7- Manitou Electric B Mojud 4-19 30c $1.75 j.. (quar.i 5-25 20c common preferred (quar.i—____ Godchaux Sugars, Inc.— $4.50 prior preferred (quar.) u Class A (quar.) — & Inc. 0-15 1 4-30 : 5-19 (s-a) ,6-15 1 5-22 6-13 :6-19 lliron's, 5(4 preferred Miss.ssippi Glass Co. (increased) 37J/2C.' (increased), :_J. Packing, 6'/2(4 pfd. <quar. Michael Stern & Co., class A (quar.i_ 1 +43%C - Middlesex 6- 1 5-31 M 6- Co., 3 6-15 5-25 ' ; nou-cum. pfd.__ Inc.______^_____^__ $60c • 4.50/4 (quar.i— {irreg,)— $25c '. Central A convertible 7- t75c common— 5-31 6-1G 6- 7-16 15c Exploration Co. Company 7- 1 preferred 4'/a(4 & 67!l 6413 7- B. Golden 5-31 McCormick 1 Glenmore 5-19 6-15 5-23 75c dividend $50c - —__ Wirebound $1.50 class A Central Stock Gold 8 2 1 Glen-Gary Shale 4$5 , <quar.l______; preferred Central 9 6- 7- 6- Machine 5-30 J$1 Celanese, Ltd., Canadian 1 Maytag 4 6-15 6- 6-30 tinterim 1 Marchant 6- Safety Razor, Glidden 6-15 5-24 5-23 50c ,,: ' preferred $1.75 420c (quar.)__ B Canadian Mortgage Corp Cable Co., Ltd.— & 50c (resumed)— (quar.)— Canada Permanent •Canada 411c class 15c 1* 6- $1 Mfg. Co. (quar.i_"_ Calculating Machine Co. (quar.i Company iquar.) 1 e' 1 dividend Class 35c new com. (initial quar.) Burrard Drydock Co., Ltd., class A (quar.)— Canada 6-15 (quar.) 5-31 Consolidated 6-15 (quar.i common Gisholt 6(4 Brunswig Drug Co., California 5-31 for redemption on May 25 at $26 per share plus this divid.j Brunner Manufacturing Co., com. (quar.)__ 4 'A % 5-31 ■ Mapes $1 5-22 6-12 $1 ___> 425c Inc., $3 Gillette «'• Luminator-Harrison. 6-11 25c " 1 -5-31 ' common (quar.)_____ 5-28 6-29 (irreg.k__v_— 6- 5 37'Ac Company, Mortgage Class 5-25 6-15 cominon___ Title 2 6-13 Coal Co.— Meyer (H. H.) . 6- 2 6-12 quar.i (quar.) (P.) McGraw Co.— preferred Co., Portland Co., & , 6-12 6-12 " Land 1 6-11 7- 75c preferred G- '■ 6-11 5-29 $1 Inc. 7(4 2 37'Ac (initial 25c Refrigerator Giant Lorillard 2 30c ; 25c (quar.)— Georgia Marble Co. 1 Loew's. 7- American 7- 25c Extra Stock Inc. 77- 6-12 62 '/2c ; (quar.) Pipe 87'/2C (quar.).___ $1 ^quar.i fquar.i 30c Inc. Gauley Mountain Coal Gaylord Container Corp. Gibson 8 5 6-15 Mfg. Joint 6- Ltd.———— Corp. Investors, pid. Common 5 (quar.i_i.__—. 4$1.25 preferred (quar.)_— |$l 38 Gemmer Lock 6- 430c General Tin H- 75c , (initial) common Stratton & 1.—_________ Co. 1 6- Briggs Manufacturing Co. (quar.)—75c Brcadway Department Store, 6% conv. pfd. ' « v6- 1/ 6-25 gtd. 30c 30c (increased) 6c Chemical— Loom, (quar.i (s-a J common g. 25c 62'Ac Co. G.I, Inc., $4 Louisiana 2, 60c $1.12'/2 common Louisville 7- preferred 5V2 (4 Co., (quar.i Corp. Stores, on (quar.)________ Corp., 6-15 — Power (R. 6-11 '<quar,)„ series stock <quar.) Leather 6-20 / 5 special meeting Co. 5-31 1 6-15 50c (quar.i—..—______ stock the Gatineau 5(4 5* 6- 5-19 7- 7(4 Light Co., convertible capital a Cup 25c Wayne Corrugated Paper Co Franklin Custodian Funds. Inc.—. , Rubber 7- Sl'.lSVa Fort 5-21 30c 18%c Burt . 6- 2. 6-12 50c 20c preferred Fundamental B/G 30c (quar.)— & Aug, Sessions 25c Philadelphia Machinery k preferred 4(4 1 6- $1.50 ___.—$1.75 (accum.) Investment 2 6-15 stockholders Schuylkill Navigation RR. & 6- 2 (quar.) Power the basis at preferred .6- 1 77- lquar.)__ com. Foremost Dairies, Inc., common 6(4 preferred (quar.i—_____ " Associates 7- 40c $1.50 5-31 6-30 6-20 Semi-annual '6- 8 1 $1.50 . (quarj_ Ltd., the Service Lincoln 6-15 5-11 7- $1.75 ' Stores, & Tourneau Little $1.75 to split to on $2.50 preferred Lawrence (A. C. 1 jLn $1.03V* Smelting of ' 6-30 5c Inc.— 3V4Vr Foote $1.50 A_____ pfd. Stores, preferred 5-31 Co. submit B.i 50c Metallurgical Class 30c 15c Milling Farms 5-26 ,25c RR., Mining & Fitzsimmons 5 8. (quar.) Arkansas Natural Gas Corp., 6A pfd. (quar.) Arcady 6- —— Inc., Nickel Mines, National Lincoln $1.50 Co.— Association First Lily-Tulip 5-22 (quar.)— Products, Fansteel 5-22 Co Inc. Falconbridge 7-10 (ouar,)—.— Capwell Fabricon 5-24 Lamson 7-10 — preferred Federal (I. 6-15/ ■i 8 6-15 $25c Corp., common preferred fquar.)_, 4(2(4 Kleinert ' 12'Ac 5-19 $1.12'A : Kimberly-Clark j 5 6- 6-15 (accum.) class Eversharp, Inc., 5(4 ' 6-29 25c . , 66- , • 1 j, B _2— Emporium 6-15 $5 B 1 1 ■ 3 al5(^ (quar.) Co., 1 6- Applied Drug Class 1 6-11 3 7- (quar.)_ Common common 6- 7-16 ■•Common Electric, 6- 8(4. will held be 7-16 * Emerson 6-15 $4 preferred 6- 6-15 7- Co.-*. County Land Co.— Directors 7- common— Stores, 2 . 1 6- 6-11 20c 450c tl5c 4$1.75 (accum.)___ 1 common—$1 Co.; 6-11 Co.— (quar.)—.— 6-20 • 18c (quar.)— Telephone & Telegraph Kern 5-25 — Water 1 2' American 6- common , Le -—— 1 2 American Woolen 6-15 (annual) A Co., 7- 50c , (s-a)— Y.» (N. 30c 15c 6- 7- Co. $4.50 preferred (quar.) Kelvinator of Canada, Ltd. "25c; 6- 2 7- Surety 5-23 preferred .iquar,) Electrographic Corp. (quar.)____ $1.50 $2.25 preferred 5-15 $4.50 (quar.)——$1.75 '7% American 5-21/ 1 — 6- 6-28 7- Kodak Brothers Paso 5-19 1 — (quar.) series El 1 1 60c (quar.i——— preferred 4'A(/c 6-15 6- 6- Steel, Ltd. (quar.)— Ltd., common (quar.) Interurban & preferred Eastman 1 S3 6- Co series Edison (s-a»__ 7- Laboratories, Inc.— preferred 6% preferred ■ 25c (quar.i— $1 —— com. 3(4 non-cum. Katz Drug Co., 5-16 proposal $6 3-14 ■ 5-19 5-19 two-for-one $7 * —50c Extra it 9-14 1 1 35c T/r. preferred" iquar.)— Eastern States Corp.— 6-15 1 6- (quar.)_ Refining, Sugar 1 6-29 10- 1-2-52 6-15 ; _____ Corp.. 5-28 66- a Company 1 S3 to preferred 6- 83 a St. Louis 6-20 $3 (s-a a2 V2 Ve Duraloy 6-15 5-18 2 (s-ai 5-25 Products 1 7- C $1.25 Bonus Steel -5-29 6- B 6-18 (quar.i 6-10 50c 37'Ac 62'Ac preferred 5-25 B.) 10-20 preferred 1 (Allen 1 non-cum. 1 preferred 11- 7-20 non-cum. — 1 10-20 6y 3 Co., 7-20 1 6(4 1 7- 50c Inc International American 6- 6- preferred 67c $1 87'Ac 87'Ac (quar.)——-—— American 5 $1.50 (quar.)— preferred 6-11 6- (increased 1 11- Oklahoma & Gulf Ry. preferred A (s-a) / 5-21 1 6- 20c (quar.) Dunlop Rubber Co., Ltd.^Amer. deposit recpts. for ordln'y 8 $3.50 ; 3'A% American 6- ' on 3V2%- Kansas, $1 Foundries & Mont 5(4 5-18 v 2 7- * may the common stock at the June meeting. American Cigarette & Cigar, common—— 6 'U preferred (quar.)—______———announce American T/r Du 1 6- 1 75c ___ Inc —— 7% 6-15 450c Co. & Foundry Co.— non-cumulative preferred ,—$1.75 non-cumulative preferred _______ $1.75 non-cumulative preferred., $i.75 non-cumulative preferred... $1,75 Tic 6-29 .i-......—... Dobeckmun Dunn _. Joy?,Manufacturing Co. (quar.)____ Kgbn's (E.) Sons Co., common 5(4 preferred (quar.) __4 (irreg.)—..—75c Dominion 5-19 6-20 6- 25c (quar.i 6-15 12y2c _____________ common 8- 2c 6(4 (increased)— (quar.i... 1 3c 6-15 Extra Holdert 8- • . Construction, Ltd..—_ Corp., preferred 2c common When Payable of Rec. 3c _____ — Y, Inc., 6-30 25c (quar.)--. N, Co Co. Dominion Textile Inc.— preferred American American 8 5- 6-30 50c 20c 4'A Disher Steel 5-17 1 50c Alkali 5-28 5-15 6- Harvester of Co., 4-. 6-30 $2.50 common... Co. Co. Royalty 2'U . j. (quar.)__.— 5-28 •' 5-25 $1 50c (quar.) Cos., _1jl- ;— : Properties Supply Dictaphone 1 6- o 6-27 $5 , — Detroit 1 6- 6-27 6- 6-20 (irreg.) Corp. preferred Diamond 5-18 6-22 6-15 75c $4 <quar.)__ com. (quar.I Leather Amalgamated 6',4 Inc. Co. Co A.i Monte Dentists' 1 0- 1 6- 25c (s-a)_- Association 6-15 $4 pfd. Vermont RR. (s-a) & Baldwin, Ltd Albany & Alexander 1 15c RR., 6Y 6- $2.50 —■ Alabama 6-15 7'Ac —_______ Affiliated 1 10c (irreg.)_ Corporation 6- 5 6-1 6-15 Del — Express Co.——-.— Aerovox dividend) 6-12* 2 Share 7- ' (quar.)____„ common 7-1 25c 137'/2c —. Y.)— (N. .___ preferred 5% Corp, (L. Extra 6-20 \ Company * Ranch 25c preferred lquar,)_^i_^,.»..—$1.25 Dayton Malleable Iron, 1_J_—1—_____"•/■ Corp., Darling Ltd.— Co., A Electric Acme HolderJ Payable of Rec. Share . (quar„)__—,j__. Title & Class , Paper preferred Abstract <; & / When Per ... of Company (stock conv. Johnson Quarterly Cuban Tobacco Co., 5'/ pfd. iaccum.)____^_ Curtis (Helenei Industries, Inc.— 50c preferred A (quar.) . Name 7-15 Per Name of 6-20 Corp.— A Monday, May 21, 1951 . Holdert 6-28 (quar.) com, (quar.).-i-. i—— Crucible Steel Co. of America— we follow with payments previ¬ ously announced, but which have not yet reached their payment date. V, in second table a class $1 International Cork Payable of Reo. 20c ——$1.31 y» Corp., $5.25 preferred (quar.)— r- an¬ Electric When Share Name of Company Cornell-Dubilier . . (Continued on page 45) 5-23 Volume 173 Number 5013 . . \ The Commercial and Financial Chronicle (2097) 13 Stock Record «» New York Stock Exchange DAILY RANfiE OF PRICES WEEKLY VOLUME OF YRADIRG YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE STOCKS Range for Previous 39% Dec 1 19 V* Jan 18 21 41% Mar 15 Dec 30 4% Mar 15 27% Dec 3 29 27 V\ Jan 2 251/2 Dec May 12 59 % May Laboratories Abbott 4 Steel Acme ^0 2.50 Co —10 29 25% Jan 2 30 May 21 42% Feb 14 37 May 16 43 Jan 18 Adams-Millis Corp 39 Va July 14 53% Nov 15 49 Apr 4 56 ¥4 Feb 14 Addressograph-Multigraph Corp—10 17 »A Jan 39% Apr 17 13% Mar 15 22% Apr 30 29% Feb 26 Admiral Jan 3 47% Jan 18 July 12 36 ¥2 Dec 3 7% July 26 48 V8 Dec 15 20 ¥2 55% Mar 2'A July 13 2% Jun 26% Apr 121% Jan 11% May 52% May 3 1 19 3% Jan 15% Mar 29 4 27 Feb 121 5 67'/2 Jan 9 9 28 % Nov July 13 110% Jan. 3 Dec 28 23 31% Apr 131 27 4% Jan May 18 87% Jan 2 29 3% Feb 86% Dec 30 831/2 Oct 20 July 3 74 Sep 8 211/8 Jan< 3 89 »/2 Mar 2- 47'A Dec 100 79 % 82 Jan 86 Apr 26 47% Jan 5 4 19 37% Apr 4 18 Nov 95 Jan 6 8 'A Jan 3 11% May 27 83 % Nov 1 60% Aug 24 58 Jan 21 102 Jan 3 231/2 Dec 22 26% Dec 11 30% Jun 1 28% Jan 32'A Jan 13 28 40% Apr 93 Feb 16 28% Jun 27 81V2 July 12 30 July 13 53'A May 31 3 July 36 5 Aug 16 100% Mar 2 441/4 Sep 1001/2 Dec 20 93 Dec 29 20 23% Feb 38% Jan 11 34% Jan Dec 22 84 5% Dec 29 40 May 12 Jun 27 9% Jun. 27 66 Jun 30* 3% Jan July 22 Jun 55% 15 203 Apr 30 Amerada May 14 100 May 14 "When Jan 2 60% Feb 23 Amer 15 16 % Apr 16 American 82 Dec 28 78 13 88 Jan 16% Jan 57 Jan 8 109'/2 Oct 4 105% Apr 14% Apr 21 10% Jan 8% Apr 21 120% May 24 93% Jan 170 190 Jan 18 Apr Oct 17 30'A Anr 74 Mar 29 28 Mar 14 18 27 15% July 17 17'A Jun 30 8 13 Mar 22 40'A Jan - 851A May 17 Oct 7 Feb 2 97 Jan 103% May 71% Jan 1781/2 Jun 19 101'A July 12 113% Jun 23 111 49% Oct 6 233 171% Jan May Jan 46 % 143% May Apr 58% Jan 51/4 July 13 S per 8% May 19 July 51 24 Nov 24 17 Jnn 24% Feb 4 2% July 13 64% Jan 3 12'A July 12 5^ Jan, 3 44% July 12 43% July 26 4% Jan 3 4% Mar 23 93% Oct 13 25 % Mar 22 79% Oct 17 5 221A Feb 16 3% Jan 2 1 96¥2 Jan 16 30 18 ¥2 Jan 1 2]A Jan ' 84% May 14 Apr 72% May 3 42 29 7 Mar 24 Mar 28 46% Jun 30 47»/2 Mar 25% Aug 3 6'A Nov* 13 34% Apr 11 29% Jan 75 Dec 92 13 July 17 12% July 12 * 16 51% May 15 8 % Dec 13 9% Apr Mar 29 28 6% May 9 23 1 Jan 16 56 ¥2 Mar 22 50 9 Jan Jan 51 ¥2 Jan 34% May 81/4 Jan 2 10 38 88 3/8 38/4 50 44 1 199 No par ®8 * 17% Jan 18 191/4 Apr 4 99% Mar 13 Oct 29 106% May 17 14 % Jan 2 x8% Mar 20 3 36% Jah 2 22% May 23 5 '4 22 25 22% Mar 24 29% May 9 2 27% Jan Aug 134% Sep 20 33% Mar 16 Aug July 3 Apr 15% Jan 1. 32 37% Dec 41% Apr 102 18% Aug 16 9% Nov 10 xl2 50 1- July. 14 38% Jaiv- 25 28 16% May 12 33% Jan 16% Jan- 12% Jan 173 3 12 3 2 May 10 Apr 24 9% Jan 11 7% Jan 2 51% Mar 16 311/2 Jan 15 53% Dec 49 14 73% Nov 24 169% Sep 44 145 14 Jun 5 Jan 13 35"% Dec 18 Mar 24 70 ¥2 Mar 28 149 Apr 23 38 ¥2 Jan 2 130 May 10 31¥2 Apr 2 17% May 161% May 20 150 Jan 25 9 62% May 18 Mar 30 137% May 16 76% Jan 121% Mar 28 xll7 12% Mar 22 8 18 Radio Corp 15 Ya Mar 17 Feb 20 10 ¥4 Jan 19 177 x41% May 10 56 Feb 80% Feb 5 13 Jan 9 42% Feb 14 167 139'/2 Jan 2 37¥4 Jan 19 Feb Mar 27 1 13 6 23 ¥8 Feb 9 Feb 28 158 68% Jan 31 154 Jan 16 16 6 38¥2 Apr 2 Dec 14 98¥2 May 16 Dec 18 78 ¥2 Apr x51 July 12 Jam 12 19% Feb 9 % Jam 3 11 4 Feb? 15 28 141/4 Mar 28 16% Nov 24 Nov 21 77% Apr 2 40% Dec 28 38% Jan 25 38% Nov 24 351/2 Jan 28 x25% Apr 110% Mar 8 2 72% Oct 2 46% Jan 107 9 3 Mar 16 941/2 Jan 19% Feb 4,400 39 *36% 39 17% *17% 17% Gas & Hawaiian non-cum com preferred Locomotive common Fdry 1 , 201 201 197 197 195 195 194 196 197 100 100 *97 100 *95 100 *96 100 *95 100 57% 57% 57 ¥2 58 58 58 58 58 57¥2 58 16 ¥4 16¥s 16 ¥2 15% 16 3/8 15% 16 153/4 16 15% 16 ¥a 87% 87¥a 88 86 ¥« 88 86 87¥2 107 ¥2 *1071% 13% 12 7/8 13¥a 6 ¥4 6 Va 6% 108 1071/4 110% 170 ¥a 171 34% 36¥4 82 ¥2 82 82¥4 82% 83 ¥4 82 83 ¥2 85¥4 83 84 3,400 30% 30% 31 30 30% 30 i/s 301% 31 31 ¥2 30% 311/4 5,000 42 3/8 41% 42 ¥» 41 ¥2 41 ¥2 40 ¥2 41¥4 41 V« 42 ¥2 42 42 ¥a 2,800 20% 20'/a 20% *20% 20% 20¥4 20 ¥4 20 ¥4 20¥4 20 20% 2,300 243A 24% 24% 25 233/4 24 23% 24'A 23% 24 1,800 101 3 May 15 2 5 66 ¥2 Jan 3 110 88 Jan *91¥2 93 5% 99¥4 3 23 For footnotes see page 24. 46% Apr 25 42 Apr 4 107'A May 18 100 *220 235 •220 136 136 132 134 132 132 *1341% 136 131 139 ¥4 48 ¥2 48 3/4 48 ¥2 Monday May 14 f per 18% 18% 19% 19 2% 2 ¥4 2 3/8 2 ¥4 2 ¥4 2 883/4 89 ¥2 86% 89 ¥2 Hock & Cable Glass $4 42% 89 Oil Jan 13 Archer-Daniels-Midland Corp *23¥8. *6% 7 ♦23 241/2 86% Armco Steel Corp common 87 2 ¥4 86 88 ¥2 88 3,400 14¥2 14% 14% 14 14 ¥2 6,000 751%. 76 77 75 ¥4 76 ¥» 2,700 52% 52 ¥2 523/4 52 ¥2 52% 3A 53 Va 52% 53 Va 11,300 43 3/4 53 43% 51% 44 43% 43% 43¥2 43% *43 ¥4 43 ¥2 43% 43 ¥2 900 7 ¥4 *71/4 7 ¥2 7% 7¥4 7% 7¥8 IVa IVa 7¥s 7 ¥4 2,600 49 ¥4 *48 ¥2 49 ¥2 48 ¥2 48 ¥2 343/8 33¥4 34 32 ¥2 33¥4 32'/4 32% 6% 6% 63/4 6% 63/4 6% 63/4 52 49 48 48 300 32 ¥a 32% 32% 33 9,300 6% 6% 63/4 *77 ¥2 79% *48 49 *48 6% 2,100 80 78 ¥2 78 ¥2 *77 79 19 ¥b 19»/g 19 Va 19 19% 19 19 19 19 *18% 18% 900 18 3/8 *.18% 18% 18»/8 183/g 18 18 ¥4 18 Va 18 ¥4 ♦13 18 ¥4 1,400 *78 ¥2 80 20% or t 20%'. >101% 104 ' 16% ''v 88 ;i / 88 * *78 ¥2 20 '/a ¥4 - 20¥2 102 102 15% 86 16% > ••13'A 133/8 49 ■ 203/4 16% r->i6% *86 80 104 13 y* 13 ,481/4 48 ¥2 47 ¥2 - 86 15% *84 20 ¥» 203/s 20 • 86 13 13 13¥8 48¥4 48 48 ¥4 . 100 100 ¥2 16 161/8 19% 20% 100 101 100 16% 15% *84 86 *84 50 20 ¥4 8,300 100 900 16 Va 5,500 86 10 13 13 13 Va 2,ICO X47 'A 49 473/4 493/4 3,400 *103 ¥4 106 13 ' *104 106 106 *104 106 17% *104 17% 106 173/4 17% - 17% 106 17% 3,500 9% 9¥8 9¥8 30 ¥2 31% 30% 31% 30% 31 ¥a 343/8 34% 34% 34 34'/a *333/4 183/4 18 ¥4 18% X18 i/s 18 3/a 18 Va 18% 18 18 ¥4 13,300 15 14% 15 14% 143/4 14% 15 14% 15 39,400 *34 3 4 ¥2 18% 18% 143/4 15 *173 175 8% 8 3/a 77 159 38% 132 132 130 35% 35% 37% 373/8 37% 13 13 67% 135 64 ¥4 177 8% 62 ¥4 62¥4 119% 119¥2 8 8 ¥4 80 80 17 17 ¥4 80 80 43% 80 42% 40¥a 27% *101¥a 40% *173 8'A 175 8 ¥2 *9 175 8¥8 93/a 175 8'/4 *9 31 77 78 35% 36 17 17 *16 ¥4 *7 7 , 9 9% 31% 173 ¥4 8 34 30 3A V- 173 ¥4 ¥4 *33% *173 8% 8% 413/a 401/4 40% 39¥2 40 39 ¥4 50 49 ¥2 49 ¥2 *49'% 50 49 ¥2 49% 771/2 75% 773/8 75'A 76 ¥2 76¥4 78 158 ¥2 39 39 ¥4 160 1591/2 38% 130 36 160" 38% *130 343/4 160 39 132 161 38% 130 161 120 a ¥2 4,800 1,400 ♦48 ¥4 49 ¥2 120 75% 78'% 7,400 158 ¥2 158 ¥2 39 38% 39 •128¥2 132 320 1,100 I 70 35% 34% 35"/2 35¥4 35¥2 34% 35¥2 7,700 37 36 ¥2 36 ¥2 36% 36% 1,300 373/8 123/4 13 12% 12% 12% 12% 661/8 67% 67 67 67 68 ¥2 153 % 500 39 ¥a 132 373/a 21% 12,000 ' 174 39 13 134 34 *128 373/a 21% 400 31% 38% 67% 135 9 130 ¥4 363/4 139 ¥t 1391/4 62 61 ¥2 119 119 8 ¥4 8 ¥4 38% 37% 100 100 80% *78¥s 183/8 17V0 140 140 4934 49% 43% 43%. *103 ¥4 17% 9¥t 93/8 31% 109% * 17% 17% 17% 17% 21% 27% *49 4,500 2 ¥4 14 ¥2 101 ¥2 43 Va " 109% 2 ¥4 2'A 75¥»- 75 ¥2 No par 7,700 141/2 101 ¥2 10 preferred—100 19% 77 21% 10 20 7 400 19 19 ¥4 141/2 27% 35% 1,500 23 ¥2 18% 87'/4 Share* ♦23 2 ¥4 ¥4 6% 1 6% 24 ¥4 19¥4 - the Week f per share 75¥4 40% *16% May 18 share 14% No par 5 2,300 Sales for 77 ¥4 No par Andes Copper Mining A P W Products Co Inc 1,000 47¥2 14 ¥2 6.25 j. preferred convertible 17 ¥s *79 . 17,000 Friday $ per 7 134 21% 1543/4 *133 21¥2 153% 134 21% 154 ¥2 *133 21 ¥4 154% 134 *123/8 67¥4 *133 12% 600 68'A 2,600 133 7/s 100 21% 21% 213/g 1,400 1551/4 154% 155 »/a 41,000 63 633/b 64'/a 63 3/8 62% 138 i/s 139 »/4 137% 138 138 ¥2 138 ¥2 1383/4 140'A 630 61¥4 61% 603/4 62 60% 611/4 58% 59 ¥2 7,300 119 ¥a 119 ¥4 •1191/4 119% 63 63¥2 119 ¥8 1191/a 1191/a 1191/8 8 ¥4 8'/4 8¥a 8'/a 39*/2 63 8 393% 8 8 Va 39% - 38% 9.700 16,900 37% 39% 99% 98¥2 "¥2 100 100 80 80 79 80 *80 82 80'A 80 »A 18% 171/4 18 17'/4 17% 17% 100 8 Va. 99 *100 15,300 393/4 38% 101 340 260 28,300 17% 18% 81 81% 81% 81 81 43% 41% 43 41% 42% 42 ¥b 42% 41% 42% 40% 40¥4 40% 40 40 V4 39 ¥2 40 ¥4 39 ¥4 40 1,160 27 ¥a 27% 271/4 3,900 *81 82 *81 Corp— Anderson-Clayton & Co 4%% 1 24 • 76% ■f 14% 76% 38% 25 50 *23 98% 235 135% 46% 48 Thursday May 17, $ per share *6% 18% 100% $5 prior conv preferred 7% 95 ¥a 991/4 540 PRICES 18 3/4 64¥2 80 share 6 %" 48 Wednesday May 16 24 1553/a 8 ¥4 May 15 I per SALE *233/8 7 63% *119' HIGH Tuesday 96% 473/4 47% 23% 154% 62¥4 AND 48% 7 38 Common 47% *6% 100 Amer Zinc Lead & Smelt com share 9 7'/8 5,100 28 102 ¥2 79 27 27 '/e 27% 101 Vi *100¥2 101 ¥2 79% 8 iy4 84¥2 85 88 80 87 35 y« 35% 34 s/8 15¥4 15¥4 351/2 151/2 *63/4 6% ♦6% 51 ¥« 50 ¥» 771/3 34% 35% 34% 35 ¥b 16% 16 16 151/2 151/2 7 ¥4 17 7 *6% 50¥2 43% 109% 110% 27 27 101 36 *49 ¥4 43 ¥a 83 50 42% 109 Va 50 43¥* 110 50 ¥» 7 50 ¥2 42% 42% 108% 109 ¥a *100 ¥2 1011A X50¥2 42% 108 ►100 ¥2 14% 1011/2 7 50 % ' 16,100 92 ¥2 233 No par common Anderson-Prichard 51% Jan 29 Jan 29 ■< *91 921/a *220 preferred —100 $4 conv prior preference—No par 10 53 5 7% 22 130 25 *91 97 240 155% 64 ¥4 92¥a 94 *225 155% *139 ¥4 *91 240 22 ¥4 22¥t 25 preferred Woolen 95% 97 *228 *21% *134 92 ¥2 *91 93 99 13 67% *134 21% 67"% 5 com 27 19 18 Corp Feb 38% Apr 4 37% *12% American Water Works Co Inc American 24 245 39 41 - 100 8% Jan 3 4 26 13 May 17 6% Jan 47% Oct 30 . No oar 9 30% Jan *9 No par Wire 41% May *48'/2 100 Viscose 700 36% 35¥2 American 14,900 170'A 159 159 common 31,300 6 Va 107 1091/4 *130¥« Tobacco 13% 5% 35 39 preferred 13 6¥s 170¥i 100 6% 13% 6 108 ¥2 77 159 American Tel & Tel Co 13 6¥« 35 ¥4 84 ¥4 77% 77 ¥2 Tobacco 13% 6 170% 49'/2 preferred 107 13 ¥4 6 108% No par American Sumatra *6 1071/2 13 ¥4 123/4 343/8 *40% 100 100 7,600 108 50 Co 8,100 170 ¥2 41 Refining com 14'/2 38¥2 35 preferred Stores 40 14 ¥a 373/4 108 ¥2 25 American Stove Co 5,500 170 ¥2 No par 100 — 1,700 187/s 62 ¥2 34 ■ *49¥2 common 107% 86 18% *61 170 ¥4 31 ¥4 34 ¥2 18% 14% 175 8% No par Co non-cum American ♦85 18% 621/2 ; 106 ¥4 American Steel Foundries 7% 86 3> 35¥a 17% & Refg com preferred Snuff 107 18% *61 171 ¥2 *104 • 1 Amer-Smelt & American *35'/2 1,300 51,400 108 ¥2 16% *86 13% 48% 100 Light No par Amer Rad <fc Std San'y com—No par 7% preferred 100 American Safety Razor 5 American Seating Co No par American Ship Building Co__No par 100 57% 341/2 *101 100 Co 1,100 IO71/2 20% 1 2 100 197 101 1701/2 34 Natural Gas Co—No par American Sugar 17% 34% 43% 7% No par preferred 1,800 39 *17% 110 088 14 ¥2 76% 52% No par com American Molasses Co— 6% *36 ¥2 173/4 200 ¥2 $ per share 100 Amer Metal Products Co 7% 39 *171% 172 ¥4 82 /4 3°J/8 42% 29% 24 /4 *91% 97 > *239 *133 *48¥a 50 preferred American *36% 17% 17274 34 10 preferred American 39 119 ~ 10 SS Co Leather convertible 4 ¥2% *36% *17¥4 *1063/4 -,5 1 3% 17% 17% 1071% .-10 Electric Co Hide & Amer Mach & 33/4 16,400 1,800 39 *36% LOW Anaconda 13% Apr 1,400 88 Saturday May 12 Copper Mining 31 ¥8 Apr 49% Dec Jam 37% 87 3% "1061/a 20 Anaconda H 120% Oct 89 37% 83 *3% 14'A ' x.100 2 18 26%, Jam 13 33% July 14 38 87 3% 38 com 13 20 Nov 371% 87¥2 33/4 14'A .-10 Feb 87 Dec 7 38 87 3% 37¥2 No par 44% Feb 17% Dec 36 37% 88 3% 38% No par Sugar com American Anchor 106 38 V* 87 3% 37¥2 25 Cable American Power 101/4 Feb 95 28% Dec 38 88% 3% 39 Foreign Power com__No par $7 preferred. No par $7 2nd preferred A No par $6 preferreu No par News 120¥2 Apr 100 5 39 88 3% 38 ¥2 Amer & American 15 1 18% July 13 38¥a 88% X95 39 Va 18% *2 % American 30 Apr 20 27% Apr 3 Apr May 27% Mar 10 38% . 39 *78 ¥2 19 % 18% Jan 84 81 951/2 39 ¥4 100 4 63 8 95¥4 *46 141/4 preferred 66 ¥2 Feb 57 ¥4 Apr 117% Aug 17 14 45% 95 ¥4 % 14'/a ..40c 3 138 64% Nov 27 Mar 45¥4 94% 14% 13 7 200 45 95 ¥4 14 ¥4 100 100 45% 14% 2 22 95¥4- 14% *6% 31 110 1,600 21,100 45% 14 ¥2 American Export Lines Inc 3.90% 9,166 95% 18% 1 3 '• 45% 62 ¥2 No par 2 *21 22 18% 7 23 /2 7% *20% *61¥2 1 No par 6% 22 18 3/4 common 24 *92 ¥2 • 62 ¥2 Tiling European Secur 27 70 54 % Nov. 16 5% Feb 95 *20% 21 ¥4 18% No par com American Encaustic 22% Feb 13% May 3 61 69 *61 ¥2 YORK STOCK 36¥4 Feb 38 ¥2 Apr 46% Dec 67 ¥» 18% Products 11 Jan 8 31% May 14 2 10 28 19% Mar 10 201/4 Jan 21% Feb 106 ¥2 Jan 10 1301/2 Apr 3 May 59 ¥2 Jan 3 7% Jan- 68 ¥4 621/2 American 111/2 Jan 158 66% 18% 21 32% Jan 13 3 67¥4 62% 29 11 22% Feb 62% July 26 66 ¥4 18% Jan 24 136% Oct 146% Jan 67 62 ¥2 19% Mar 26 Nov Jun 27 146% Jun 30 66 18/8 24 ¥4 Feb 105 60% Aug 17 18% Jun 30 128 *92% 93 , 88 ? American International Corp.No par American Investment Co of 111 1 12% Jan 38 69% 81 (* 14 7 39 > 50 ¥2 May 11 xl57%Apr 10 Va 10 American Metal Co Ltd corn-No par 16 '2 18 par Amer Machine & Metals 39% Mar 30 > '2 *98 —1 90 28% Dec 10% 95 Home 19% May 15 7 185 10% 46 Va 14¥2 Apr 26 5% July, 13 1C% 93 25 11 % July 26- 10% 94¥8 25 175% July 18 101/4 98 45 101/4 Jan 6% Jun- 26- 10 ¥4 ♦93% 98 93 85% Apr 23% Aug 10 ¥4 393/a! 95 ¥a Ice Co 86 39'/4 38% *931/4 46¥4 American 2 86 ¥2 38 39'/4 98 ¥2 93% American 2 *80 38% *93¥4 451/2 „?q'4 Par 6% 1,200 *92% Distilling Co American 30% 98 ¥2 , 8 Jan 22 47% Dec *21¥4 86 ¥2 80 22,400 39 ¥2 *96 1,800 3% 931% 11 13 68% 4,500 ' 77 »/4 79% 81 ¥2 *80 86 ¥2 2% 21% 3% 4 *80 " *76 *92¥2 90 July 13 69 ¥4 *80 2 ¥2 21% - 76 3% 8I1/2 2% 22 15,600 93 ¥2 11% Nov 22 Mar 22 Id/4 4 *80 85% 38% 76 10 29% 133 1,300 3 14% Dec 101/4 39% 3% 81 *2% *213/8 77Vi 52¥4 28% *129 6,000 4 29 10 ¥4 4 *80 98 ¥a 2% 21% *76 *51% 2D ¥2 43¥« Jan 104 98 77 ¥4 81 ' 86 ¥2 39 2 ¥2 2li/4 , 21% 3% 82 "83 86 2% , 52 ¥1 133 32% — Cyanamid Co American 29 *129 421/4 5% Jan 78 81 80 ¥4 2% 21% *76 4% 3% 3% 96 ¥2 24 Jan 28 J^n 9 16 21% Dec 17% May 12 84 78 25% Oct Nov 9 18% May 55% Mar 22 101 76 39% EXCHAxNGE May 10 *51% 29% 133 32¥2 $ per share Feb 521/2 29 32% preferred series B_100 8 *51% "129 133 43¥2 conv 24 *129 32% 3 ¥2% 2 52 30 % 29'% 30 29/a 30 132129 133 2% 2 4 2 -f 2/4 43 Colortype Co NEW 52 30 133 • 43 9 15 4 11 13% July 3 81% July* 3 10% 32% conv 5% Jan Dec 16% July 18 11 42¥4 3¥2% 21% Jan 45% Aug 25 16% Dec 11 32% prior preferred Highest share 49 26 liy8 33 ¥a 3 Range Since Jan. 1 Lowest Highest $ per share 18 27 10% STOCKS Year 1950 Lowest 11 ¥4 43% 1 preferred American 11 42 100 4¥2% 7,600 11% 53 200 32 ¥2 No par 100 American 11 22 ¥2 21 Vi (The) preferred Range for Previous t per share & American Crystal * 11,300 23 69 10 preferred series A_100 9 600 23 23 10/8 No par Co 24 90 Cable & 28% Feb 54 38 44% preferred Chicle 22 % Jan 5,83 39 ,s 962 Broadcasting Co Inc____1 Chain 27 97 Co convertible American 54 *36 ¥2 21% ' Cotpl Shoe American 25% Dec 76% Nov 21 Brake American 9 54 ¥4 28% 38 50 9 22% Feb 54¥4 28% ♦37 ... « „q2/4 preferred-—.xlOQ 21 18% Jan 54 ¥2 33 common Feb 23 28¥4 37% 54¥2 • 43% — 32V4 Jan x45 2 3,600 28 37 56 231/8 77 A ; 7% 29 38 33 American Can Co common 7% IB 28 ¥4- 31% 22% 76 American Car & Fdry com 19 Feb 23 16 13 2 Jan 283/b 30 ¥t 44% Bank Note common American 27% 30 ¥2 Share* 32% com Corp conv cum American 4^,700 30¥s 63/4- 21% preferred 4% * 2 39% Jan 2 Feb 32% Jan 115% May 185 17 35 51 30 Amer 30% 30% 56 32 34 *44% 93 43 a preferred Airlines American Bosch 16 7% Mar 2 5 79 Jan 14% Apr 5% May 18 27 6% 6 114 3%% 37,400 30 ¥« 63/B *21 Y* Agricultural Chemical__No American 19 44% Feb 10 30% Nov 115% Jan 17% Jan 10 13 - 2 621/2 May 11 14% May 16 37% May 16 14 20 May 14 191/4 May 2 22 7,700 6% 6¥4 23% 78 3/8 100 Sugar Co issued" 13% Jan 49 55% 5%- 551/2 5% 30 ¥2 22 No par Petroleum 27 30 19 convertible Amalgamated Dec Dec 3 6% • 14 43% Dec Jun- 26 Jan Amalgamated Leather Co 30 21% July 13- 49 Aluminium Limited 3 5 381/2 Dec 81% May 5 5 901/e July 26 178 27 5% Jan 23 7 7% Jan 40y2 Apr Feb 541/b- 55% 5% 22% 21/a common__No par 1001/2 Jan Jan 16 Corp 17 19 share 55 56 *55 Sales for the Weefc $ per 5% *37 ¥2 Friday May 18 May 17 S per share 5 3V*% conv preferred Alpha Portland Cement 41 553/4 Thursday May 16 J per share No par . 9 PRICES Wednesday 231/2 76 No par 11 20 53% Nov 22 Dye SALE t.per share 39¥2 56 22 4% preferred 100 Allis-Chalmers Mfg Common_No par 9 9 29 29 ¥4. ¥4. 39 ¥2 56 56 22% 22 % 11% 11% 53 ¥4 53 A 39 ¥2 22 1 Jan 36% Apr 67% Jun 10i/4 Jun.. 27 Feb 47% Jan 100 17% Apr ifin% J*n 261/2 Jan 30% July 101'A Feb X101 26 14% July 13 27 26 Stores 19 58 Dec Mills Allied *37 ¥2 55 23 ¥4 11 % 52 A 31 ¥s 31Va HIGH Tuesday May 15 56% 5% 31 ¥4 29 22 1 Mar 13 100 40 Allied & 56 5% 30% 28--a 5% 5% *129 2 10b Allied Kid Co 4 Chemical 56 ¥2 56¥2 5 Industries Inc 3% Apr Jan 1611/2 Dec 2 48% Jan 93% Mar 15 98 Allied 33% May 42% Mar 15 99% Dec 44 ' * 13 4 AND t per share 10 100 preferred A 100 $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp_No par Allegheny & West Ry 6% gtd 100 9 10 Feb 29 , 51/2% 5 11 4 No par preferred w w Allegheny Corp common Allen 16 4 50 Inc Vicksburg Ry 7IV4 May Apr 21 19 9% Jan Feb 1 com 4¥»% 2 5'/a Dec Equipment Alaska Juneau Gold Mining Aldens Inc common 9 *37% *5o /4 22 % 11 ¥» 1 Gas Alabama & 2 27 1 No par Corp Air Reduction 7 19 80 5 Co $3 preferred w w 9 50 Feb 74 % Jan 77 Express Affiliated 2 3% Jan 4 18 . Mar Adams 8 27% Feb 2% May 10 ?VA Apr Oct 58 1 56 ¥2 5¥2 31 ¥s 28 % 5 ACF-Brill Motors Co 6% May 17 33% Jan $ per share Par $ per share 5414 Jan 6 LOW Monday May 14 Saturday STOCK EXCHANGE Highest tper share S per share 1 2% Feb Lowest Highest f per share NEW YORK Range Since Jan. 1 Year 1950 -Lowest ; 230 33,300 60 5,100 10,400 700 400 1,900 42% 37,700 108% 11,940 ' mMMxtsmmaaMk l 14 The Commercial and Financial Chronicle (2098) .. Monday, May 21, 1951 . NEW YORK STOCK RECORD i $ per 12% Jan 13 Jan STOCK 11% Dec 28 91 Nov 2 80% May 18 92 53 Aug 10 46% Jan 3 59% May 17 93% Apr 11 9% May 18 Armour <fc 9 '$6 12 " Jan Co of Illinois 5 com prior preferred conr t per f per share Par 10% PRICES Wednesday Thursday Friday May 15 May 16 May 17 May M# $ per share $ per share share 10% ",.10 10% 83 10% 10% SALE Tuesday May 14 May 18 HIGH AND Monday Saturday $ per share S per share share YORK EXCHANGE Highest 13 7% Jan 69 Lowest Highest $ per share NEW Range Since Jan. 1 Year1950 Lowest LOW STOCKS Range for Previous '• 9% 10 83'A 82 82 58% 58% 58% 97% 98 118% 117% 83 83 No pai 105% Nov 100 Vb Mar 13 107% July 31 14% Apr 18 117% Jun 8% July 13 12% Jan 8 112 104 53% 58% 58% 59% No pai Jan 17% May 18 *97% 98% 98% 4 13% Feb % Apr 20 Arnold 16 preferred Constable No par Corp *117% 5 ' *18 118% 118% 18- 18% Artloom Carpet 9 A May July 13 28% Sep 28 23 21 July 17 27% Oct 19 27% Jan 2 40% May 26% Feb No pat 11% 2.50 *24% Ashland Oil & Refining Co com—1 38% 24 July 12 28% Oct 23 27% Jan 2 40% May 7 26 15 Mar 10 20% Sep 25 19% Jan 2 25 Oct 31 107% Apr 20 102% Jan 4 116 Industries Inc 98 118 3 Apr Oct 109 4 19 100% Jan 16 103% Jan 27 111% Dec 19 Jan 13 70% Dec Jan 28 86 Nov Jun 27 95 Nov 26 8 18% Jan 6 68 Jan preferred—^ -Vb May ' 5% >113 100 Oa Investment % % % 24% 25 39% 38% 39% ,.■."'38% Feb 39 39%' 39% 38%, 38 % - 78% May - "■20% 113 115 *113 115 113,. 113% 20% 49 48% 50 159 158 % 160 109% 109% 109%'109% 49 , 18 60% Jan 27 97 Apr 20 105 % Jan 5% 22% July 13 25% Nov 24 25% Jan 2 28% Feb Line Coast 5 Vk i 5 Preferred . Atlas RR^ No par 32 74 5 » *97% -100 : 2i 25% . 72% ' 98% 97% 74% 76 '*97% 98 74% 98 I 49. 49 40 Dec 27 116 Dec 27 v 35% Apr 110 41% Jan 3 Mar 15 119 31 13 6% Jun 30 9% Nov 17 14% Jun 29 16 5% Ji 29 11% Dec 20 10% July 11 5% Jan 3 14% Jan 12 12% Jan 3 9% Apr 7% Jan ltf 46 n 15% Apr 9 37% Jan 4 53% Apr 18 18 10% Dec 26 15% Jan 25 10% Apr 15% Aug 3 28 , 16% Jan 10 11% Jan 13 Mar 15 19 13% May 8% Mar 11% May 18 l«y8 Mar 28 Atlas 90 - 17%";.% 300 ':L .500 , 1 ,* Nichols ■' 1 - 38% 38 38% *113% 113% 30% *28% 31% 8% *8% 8% *28% No par r' No par > *8% 16% 10% 10% 1,800 20% 1,400 20% 110% 113% *111% • 49% 156 49 2,000 156% 109% 13% 32f % 71% 71 370 109% 7,700 900 20 12,800 n ' A 170 . . 43% . 152 t 20% 19% 4,100 J 113' a 43,200 69 71 95 *85 90 *87 90 98% *97% 98% *97% 98% .100 73% 70 73 98% 98% 98 98% 430 25% . x72 % 98% 25% , 4,700 ' ,73,% 98% 1\" r 113 *85 ...73' . 20% 112%-; 108%' 108% 70% r ' *49 3 70 % 25% 26 25% 25% 10,500 • . • Automatic Canteen Co of Amer—5 Avco Mfg Corp (The) common 3 **13% *28%* •hi- • preferred ' • No par 7% *47% * 37 • 37 ; 37% - 7% 7% - 47 8% -" : 15,200 , 37% 37 37%' • 13% "■ '•> 8% 9%' : *23'A 30% 8% 8% % 8% , *16 16% 10 10 % 13% ; 10 13% '13 10 7% V 7% 46 - . 8 ' 114 *16 _ 40 16% ' 1,200 - • 10 JA > 2,700 13% 2;?00 , ' *'■: 47 % *113% 30% 13% -13% r 7% 113% *28'A 8%;; 2,700 1 113% 30% " *i5%j .16%- - ' ,70% "7% 114 *28%'" - 16% 10"' 47%"'' 47 % 47% 8%<" ',,'13 7% *113% 30% *15% 13% r 38 '113% •113%"' 10% 13% conv 38 *97%'- . -25%- y, 37% • 16% *16- *16 *10% *13% Co../. $2.25 *37 , ' 5c 8 8,800 38% Ui 99 25% • 113% Conv prior pref ($1.201 ; 24% 35% 155 1 . 44,700 23 20 - % riu ' 5,000 34 *111% 49Va 19% 11% 35% 112 154% 156 109 "■ 109 ■' 98% 98 ■ *113% common. Autocar 25 20% 113 49 11 Va x38% 112% • •'72%,...74% - r 38% Tack Austin „ 1 51% Mar May 16 (voting) * ..20 convertible pfd ser A 100 Corp__ —No par •-4% 11 V 15 10% Jan 8% May 18 28" Feb Jan - ... r Common 3 Jan 7 July 28 , 3 Jan 29 31% Dec 5,0b0 V ii7%."- .'17% A , 25 20% . 112% 98% *97% •I 2 A , x34% 111% 113% ,.,*87 25% 25% 25%" ,Y _ 87 * "20% , 113% Atlas Powder—■- 5 39 38%', 38% . A > * 32 *69%- ,72.% 32 72%' 98% 25 commons .. 24% 38% 154%'158% „ 97% 73% 98% 73% .1100 $3,75 series B Corp *90 '*97% 1 Lines common % A 24 ; ; *109; 109% i9%v 20% 20% 20 20 20 10 preferred non-cunt Atlantic Refining 17 4 100 — Atl G & W I SS 3 75% Dec 105% Nov Feb 11% ' 21 *111 20% 3 Atlantic 7 % ' " 24% ;;24% , ' 27 5 preferred.* City Electric Co; Rights 97% May 14 24 15 11 11% /II % ' 3^% . 158% __10 non-cum Atlantic 93% Feb 82 4 18 36% Jan 28% Sep 17% •' 9-7%- . ►ii6'.: 17% .18 * 58% *91%, . 118 Week Shares 32,200 10 " 82%*i'* 'Y- 1,200 80% 58 97% - *117 ' Atch Topeka & Santa Fe com—100 9 99% Jan 105 18 "-11%'' 11% 11% 113 20% •111 100 2nd preferred— Associates 21% Mar 19 Mar 28 83 97% ;97%, 117% 18 % ' 2 92% Jan conv cum 1st 1% • 3 115% Feb 18 86' 4 177% Feb 28 68 Apr 50% Feb 41% Jan A May 16 41' 6% 3 12 Xl7% Dec 2 Mar 31 115 •38% preferred_.No par Associated Dry Goods common_.__l 150% Jan 25 30 21% Jun Feb $1.20 108% May 17 59% Mar 2 152 % Dec 11 39% July 12 ;,*18 58% * share 9% , * 82% 58 Va .97% 118% 25 ' Mar 18 » 11% 11% % Arvin 7 May 18 Co Inc 9 21 104 - 10 Va ♦82% 117% , $ per " ' 9 convertible $4 8 19% Feb 10% Jan 27 19% Dec 5 118% May Mar 16 Armstrong Cork Co com $3.75 preferred 7 10 83 58% 98% *82 No par * 39% July 26 S per share Sales for ^-■ the 7% 7% " 46%' 46% 46% 7% ; 7.% 47 " 46% , 35,700 •. ■ 1,600 , B 9% July 9 • 5 20% Dec 27 Jun ' 40 17% Feb 3 28 Oct 11 36% Apr 30 Babbitt 15 % Jan 22 Baldwin-Lima-Hamilton 24 % Jan 17 Baltimore & Onio common 45% Feb 4 27% Jan 30 59 Jan 2 77 8 17% Jan 2 23% Feb Jan 26 2 43% Jan ' 3 25% July 26 20% May 16 28% Jan 9 30 13% Jan 10% Jan 12% Jan 17 29% Jun Feb 9 Jan 2 31% Jan 2 38 Mar 107 Mar 70 __10 20% 20% *20% 20% 20% 20% 41% *39 41% 31 4%%" preferred Iron Works Corp 8 Beatrice Foods Co 3 4 37% Feb 21 3 88 % Apr 3 Beck 9 Beech Aircraft 8 Inc Mills 21 79% Jan 18 10% Mar 13 29% Jan 12 32% Feb 6 30% May 10 35 Feb 15 July 13 34% Jan 5 30% Jan 31 33% Jan 3 18 % Oct 23 17% Jan 4 19% Mar 8 Packing Belding-Heminway 28'A Dec 12 227/b Apr 4 30 % Jan 19% Oct 18 17% Jan 2 1 12% Jan 13 6 Bell 23 % Feb 9 Bell & 92% May 17 94% Mar 9 18 3 48% May 18 59% Feb 21% Jan 26% Mar 79 Dec 14 Feb Jun 26 2'A Jan 11 July 14 31% Apr 20 31 % Oct 21 90 21 156 30 Va *82% 8 12% 12% 31% *30% 32% 32% 1 *21V* 28 *27 % 50% 51 50% 51% 50% 25% 25% 25% 25% 25 80% *79% 80% *27% 28 33% Jan 22 37% Feb Best Foods 60 Bethlehem Steel Nov 28 Apr 9 9 26Jan 2 17'A Jun 22 14% Apr 2 146 155% Feb , i Apr 34% 35 53% 54,': 53% Year 1950 *147% 35% 35% 35% 16% 16% *16% Lowest Highest STOCKS ■V#" Rauige Since Jan. 1 Lowest NEW YORK Saturday Highest EXCHANGE f per share $ per share $ per share $ per share >■ 25% Apr 26 34% Oct 24 33% Mar 27 40 13% Jun 27 19% Dec 27 16% May 18 20% Jan 29 Blaw-Knox 27 15% Dec 28 14% Mar 28 17% Jan 16 Bliss (E W) Bliss & 11% Jun 18% Dec 8 Jan 12 1 13% Jan 4 Feb 6 22% Jan 3 41% Dec 18 39% Jan 25 56 Feb 13 22% Mar 25 35% Dec 18 33 Jan 24 38 May 14 Jan 10 33 Apr 18 60 18% Jan 21 2 Dec 29 11% Dec 8 x24% Jan 12 12% Apr 4 12% July 13 17'A Oct 19 15% Apr 26 39 2o 9% Dec 12 45 July 17 51% Nov 16 55 Feb 15 97% Apr 1 8'A Dec Dec 27 Jan Jan Bohn Bon 15 19 17 Jan 12 12 Jan 52 Jan 4 60% Jhn 95 Apr 71% Mar 2 12 103% Jan 9 8 Borden Co May 18 45% Jan 22% Dec 7% Feb 20 Jun 19% Jan 9 53 % F6b 9 25% Oct 23 24% Jan 5 29% Feb 14 13% Dec 27 12% Jan 10 j 27 32% Jan 26 23% Jan 16 3 39 Apr 17 7% Mar 10 15% Nov 27 13% Jan 2 36% Jun 12 29% Jan 2 35 74 25% July 14 29% May 19 27% Jan 3 34% Mar 23% Mar 24 Apr 20 31% July 13 48% Sep 26 io: July 12 36% Mar 2 16% Mar 31 % Dec 28 30 11 35% Jan 17 18 94% Apr 23 105% Jan 17 44% May 17 Apr 38% Feb 26 14 49% Apr 26 14% Oct 24 58 Nov 24 11% Jan Jun 53 49 104 46% May 8 53% Feb 16 2i 13% Feb 18% July 14 20 Jan 2 23 % Jan 21% Dec 19% Apr 2 23% Mar 26 12% Jan 3 74% Jan ,„3 34% Jan 4 Jun 27 17 31% July 3 Jun 1 18% Jun 12 97% Oct 25 84% Mar 13' Oct 20 39% Jan 30% Dec 18 26 126 40 38% Oct 123 21 Feb 6 16% Jan 2. 126 91% Jan 2 38% Jan 6 May 17 18% Jan 45% Jan Mar 14. 29 24 2 19 34% 34% 51% 53% 53% 148 AND LOW 91 July 3 18 20% 20 45% 36% 33% 33% 33% 34 *12% 12% July J 3 8 Mar 31 IO8V2 July 12 8% July 12 69% Mar ,7 3% Jan Oct xl7 July 12 24% Jan 5 100 Dec 1 105% Jan 24 22 % Jan 8 : 9 28% Mar 2 101% Jan Feb 3 13 109% May 15 22% May 15 23% May 11 Inc 12Va 12% 970 15% 16 Va *11 16 »A 11% 11 U 8,400 11 -11 11 11 107/a 11 10% 11 1,500 47% 48% 3,100 64% 65% 9,300 -• ' : 1,110 47% 47% 47% 48% 47% 68 68 67 68 65% 67 65% 66 98 98 100 100 98% 98% 97 97 15% 15% 15% 15% 15 15% 1,500 *47% 47% 48 r common 100 *15% Co Co Inc 49 49 47% 49% 49% 48% 50 29 28% 28% 28 28% 27% 28% 27% 28 3a 15 Va 2,000 1;400 14% 14% 14% 14%' 14% 14% 14'A preferred I41/2 3,000 *36 %' 38 37% 38 28 Vb 38% 15%' 16 15% 16 Va 15% 16 9,900 33% 32 Va 34% 33% 34% 33% 34 Va 5,700 32% 32% 32% 32% "700 32% 33 32% 33% 33% 5,900 *36% 38 15% 16 15% 34% 33% 15% ''34% 33% *32% 33% 32% 33% .*33% 34% 33 % 33 33 33% 98 *96 98 ; 45% 45 45% 50% 49% 50 12% 12% 12% 15 *58% 59% 58 58 *100 102 No par *20% ;5 22% *125 *100 21 126% 17 ,_10 23'A —No par *65% 400 12'A 3,600 58% *56 58% *56% 58% 57 *100 *100 102 *100 102 % *125 126 V2 *125 127 125 20% 57 - *100 - 21%-' 22 ' • 126 300 102 20% ; 3,100 20% 600 22% 21 'A 7,600 127 *124% .20 17 16% 16% 17 85 *84% 86 *84% 86 *84'A 86 41 40% 40% x39% 39% 39% 40 % *26% 27 % 26% 27 27% 40% 27% 27 Va *40% *40% 40% 27% 40% 40% *40% 21% 22 Va 40% 40% 40% 21% 22% % 21%' 21 93 21% 92 92 *92 27 90 *82 ' 17% 12% *12 *82 18 82% 81 82 9% 25% 23% 25% 23 109 23 Va 21% 21 93 *82 *92% 90 17% 12% 128% 12% 82 82 82 9% 22% 9% 24 y8 22% 25 , 40 17% 19,600 *123'8 I2V2 800 *125V2 127% 12% 1 80 "2 9% ,. / 4,000 8or2 50 9% - 24% f>ro8 IO8V2- 103% 10 13 91/4- 25V - 200 15,900 ,. 90' ^ 108% *22% 82 9% 24% 108% 23 *80% . 600 1,200 93'A ' 17 Ve -* 12% 500 40 *82 17% *125% 128% 13*"'' 13 «■. 13'A' 109% T< 90 22/100 84'A *92% ♦12% 12% *125% 16% ' - 84'A*391/4 17% 13 16% - 93 *82 17% 12% 9% 9% 24% -•25% - 109 109 . 21% 127% ' *80% 9% 16% *92% 17% 12 3a 12% 16% 90 *125% 13 25% * 127% 12%: 9% 16% 17% 12% 127% 12% 110 102 44 - 85 129 25% 50% 12 *40 90 *109 *49 12% .16% 93 " 50% 12% *57 20% 22% > 43 *49 12% 44 20% 41% 9% 44% 50'% xl2 21% *40% *81 *44 *48% 12% 21% 27% 100 44% 50% 20% 27% 12% 45% 22.% *27% *12% 98 12% 20% No par *127- *96 44% 21% 126 33 Va 98 20% *125 17% 18 *96 • 22% 41 17% 98 20% 86% *82 32 % *96 .150 *48% 102 *40 22 98 / 22% *85: *92' * *20% 22% No par 1 & : Zinc ,__5 Byers Co: ( A M) common,: No par 7% participating preferred 100 new.' *96 12% No par 38 15% 45 ^15 - *36 % 33 Copper Co 37 *49% preferred__100 common 180 49 *96 3 Bldg 1% 98 49 34% *32% — Terminal; *96 15% 15% 4% 3% % 66 «/2 15% 34% No par j 48% 98 15% __5 i 47% 65 % *96 •« 15% 15% 1 100 ; 48'A , r 40 common Co common; Jackson 33% 12% Burlington Byron 33 1,200 4:600 5 „ $5 preferred Buffalo Forge ,Co 4% % 37 j.100 $3.60 preferred Brunswick-Balke-Collender Butte' 35 34 17,000 33% Butler May 45% 37 - 4,900 20 15 Va ' Bush 10 36'A 20 44% 12% 9 88 20% 46% 45% / 8,200 15'A 33'A 9 80% May 18" 7% Mar 15 37Vav *20 300 T7'A 14% 12 '/a Bush 27 46V2 36% 16% 15% 29 8% Dec 13 20 '/a 45'A 36% 35% ■ . 331% comnfon cony preferred Bigelow Bros 15% 1.25 Inc cum Term 17'A 15'A 15%/ 18 Mar 36 16% 12 Va 14% Jan 15% Feb 35% 17 15V8 33% 18 % Apr 132 35% 33% 2 29 35% 16% Shares share -12% Mills Corp cam preferred xoo preferred ,100 Burroughs Adding: Machine__No par 10 $ per fnr the Week May 18 $ per share 20'A 8i!.c Friday May 17 37%" 33% - Thursday :'16 Vb 31 12% Jan 100 15% 26 123Va Jan 6:300 17% '12% Jan 25 34% *16% 12% 87% Feb 28 34% 17% 16% 4 24 800 34% 16% 15 Oct 88 148 34% *16% 12% 18 15% Nov 127 148 6.000 47,900 16% 10% Jan 19 27, 148 1,300 "" 12% 137/a Jan 3 15% May 10% Dec 52% 16 Apr 4 34% 51% 1 Jan 23% May 34%- 53% 15% 45% 38 Apr 100 34% 148 , 17% $ per share 47% 84 - 27% SALE? PRICES $ per share 37% 92 100% Aug 17 92% July 25 27 52% Wednesday May 16 20% 20 82% Jan HIGH Tuesday May 1.5 46% —— Watch 1% 27% 34% 35%' *16% 1% '■ fir 20% "*36% BuloVa 148 34% 37% Brewing Corp ©f America t_15 Bridgeport Brass Co No par Briggs Manufacturing Corp__No par Briggs & Stratton No par Bristol-Myers Co common 2.50 3% % preferred 100 Brooklyn Union Gas com.' No par 19 148 17% 46% 14% 47% Feb 2 - 52% 36 37% *28% Bullard 34"% > < 148 35 *16% 46 14% 23 52.300 *20% 28% 30% Feb 1,000 1% 5 49 Budd" (The) 79% " Bucyrus- Erie Co 7% preferred 100 *78% 15% 20% 14'% 1 800 1,600 79% 1% 17 % "when isslied"_100 Co 95 27% 36% 28% Shoe *92% 78% 15% 48% Brown 92% • 79 % 16% u-5 3 92% 1% Sper share 2.50 May 62 95 1,200 27 *78% 36 Bearing Co Airways Inc 103% Mar Mar 13 20% 26%" , 79% 17% Roller 5% '20'A ,17%" 27% 3,300 15% RR— preferred Braniff & 15% July 17 121% Jun 5% Bower 20% 3,000 12,400 37% "when issued" new 20% 17% 50 VB 15% ,_15 Corp Maine Brown 19 28 & Common 16 Apr 16 9 105% Jan 99 Feb 1 Apr 16 July 10 25% Feb 11 100 9 20 Apr 17 27% July 13 100 • 8 *27 20% 32% 25% 17 % preferred Boston 15 27% 40 32%- 25 Va *36 % (The) Borg-Wa:rner 3%% Club 18 43% 17% 1 Book-of-the-Month * 32% 18 5,400 25% 15% No par No par Inc 32% 17% 12% 32 50% 5 Class B Stores 32%' 12 *30% 25'A 2.50 class A Co 12% 32 50% 37% 1 '40 12% 32 25 % 15% Brass & 160 12% 27% 17% 84 32 1% 36 ■ *30 3,300 < 51, 17% Co 82 29 800 102 28 50% *36% Laughlin Inc 84 101 28% 82 'v 25 % 1 4 x28% 41% V 25% , No par Co 101 28% 27% May 14 I per share 101 101 *92% No par Co Aluminum Ami Bond 31 25 9 Decker Mfg Co- Boeing Airplane 3 16 46% Apr 73% May 26 102 44% Jan 1 Black & Par 36 1% * • 35 % 27% 35 Monday May 12 / 36 1% .Wf.r STOCK ' 2,200 36 27% 149 149 .100 No par No par v- Range for Previous lb 36 54% -35 150 10% 35% 27% 1 2;700 10%' 51% %"'' 79 Va 1% 21% 10% 28 1% 1% No par 7% preferred ; Blgelow-Sanford Carpet-Birmingham Electric Co 36% May 17 1% '21 ,* 20 'A 20% 95 common.l.lO *39 21 27% 27 *92% 41% 20% 10% 31% 18 20% 95 *92% . 17% 32% 26% 20% 95 20% *39 % , 21% *30% 18 ; 27% 20% 20% *92% i 41 < 12% 32 32 18% 10 (Del) com 4,300 *81 12% *30% *18 *79% Jan 20% 28 Vb 85 12% 32 18% il 2 •: 32% *18 100 Co— 20 101 29% *82 1 & - 20% *35% 100,%.. 101% 28% 12% 12% 31% 32% * 85 *82 86 Best 30% Nov July 13 3 9% Jan ; 23 101% Cum pfd $3.25 ser of 1946_No par Benguet Consol Mining Ca__18 pesos 2 May 18 20% 36 1 Corp 2,500 20% *39 41% 5 Loan 72% 36 29% * 70% 36 *100% common 71% 35% 36 30% Aviation Beneficial 30 Co 71% 10 %• 101% Corp 90 71 20% 50 preferred 2,100 65% 11 30% 10' 13,500 18'A 65%* 21% *100% Co... 41% 18% ,11 21% 40 18'/a 65 VB 11 U00 pfd 41% 18'/a 65 Va 21% 48% Jan 28 49 % Dec 4%% 41% 18% 21% 100 Corp Howell Bendix 6 1 % Jan *35'% RR Aircraft 4%% 10 84% Jan S) 40% 67 *65% 11 32% Feb 1% Jan 27 39% May 26 13 139% Jan ■ 10 78% May 17 23 1 25 % 30% Jan Creek 5 26% May 20% July 27 (A Beech-Nat 53% Dec 10 34% Jan Beech 100% Oct 4 Feb Shoe 53,400 21% 2.50 common *39 40,a00 21%- 18 67 ' 12.50 common 3%%- convertible preferred Beaunit *11 No par 12 20% HVs 21% „__1 Cigars 1 In6 Bayuk *39 ..50 Bath 900 11% 21% 20% 73 common 11 VB *10% 12% ^21 Ve 71 74 Brothers 12 12% 21% 40 18% *65% 11 Va *10% 11 11% 20% 41% 18 3A *73" 90% Oct 12% Feb 18% 67 74 13% Dec *85 18% 66%s 73% 3 3 39% 41% 4T 41% 19 68% 10% : 12% 21% ..10 7 13% Jan 41 ■ 19 99% May ; 21%* 20% 12% 21 Va *67 26% Apr 13% Jan 12% 21% 100 II 12 Va 12% 20% 100 Jan 28 *10%* 10% 10% 11 12% 300 a_50 7% Feb 74 11 1 ...13 Corp preferred. non-cum May 11 24% Dec 29 108 15% Mar 25 ■l 37 9 34% May 17 29 98 r 39 19 Inc Barker 3 9% Jun (B T) Bangor & Aroostook common Convertible 5% preferred Barber Gil Corp1 (Delaware) Apr 23 14% Jan 35% Dec ' 4% ; 16 74 % Jan 18 20% Feb 39% July 13 15% July 12 10 May 16 65% May 17 74% Aug 17 61% Dec 28 12 Apr Dec 28' 29 17% Jun 63 13% Jan 26 8,200 nr 2,100 1091/2 - 70 * 23 23 223i 23Va 1,500 ■ ; 34% Feb 5 58% Dec 19' 1% Feb <8 3% Dec 29 Feb 28 8% Dec 28 17% Jun 27 26% Dec 21 4 w 8% July 13 94 40 July 14 Jan 5 12% Feb 24 Feb 28 43% Oct 9 106- 56% Jan 30 3% Apr 8% Jan 2 25 4. 5% Feb 5- r "13%" Apr 16 Jan 5 108% Mar 2 1 21JA Dec 11 15% Jan 4 22% Dec 20 21% Jan 2 43% Apr 60 Dec 2Q Dec 12 3 * 14% July 13 19 ' 52 57% May 15 14% Dec 28 52% Mar 30 17% Jan 2 52% Apr 25 12% Jan 10 20% May 16- Sep 8% Jan 14' 14 13 July 26 For footnotes see I page 24. 9 29% Jan 10 41% Jan 13% Mar 30 15% Nov 30 10 10% Jan Mar 15 11%'Jan 100 71% Apr 14 Jan-- 2 48 * Feb 6 14 19% Feb 13 California Callahan Zinc-Lead Copper_..,_&' Campbell W & C Foundry No par Canada^Dry Ginger Ale cbm__ 1.68%: $4.25 conv preferred J__Nopar Canada' Southern Ry Col Canadian Breweries Ltd- 29% Feb 13 Canadian 61 Feb 16 Cannon 5 55% Mar 7 17% Mar 22 19% Feb- 23 ..1 Calumet 3s Heclar Cons *22% Feb . Packing Corp. Pacific Ry: Mills.. 1 *3% 67 3% — 3% 65'/-,. 3% 9% 10 y* 3% 9 7/8 64'A. u. 65 3% 9 5a 10 ; ' 27- 12% 12% ♦101% 102% 27 27% --12% - 12%; *42% 43%"* *18% 18% _i25 2.?% No par *52% 2f *52% 25%- *42% '• 43% 18% 18% 25 . *53 54 21 *2034 21 *5234 5-T 54 *43 •••>< *52% - :• 20%' 20>r>52% ' 15 15 15'Ah 14% • 18% 18% 18% 18% 18% •3% 65 - J* - , , 12 Va 8,900 ' '• 26%. *101'% -A.300 "... 3'A, z ■ - • 9% 26%- 12 12'A , - .■. 11,400 1.900 / 12'A *101 102'%. ' 9% 26% 9% 26%- 64 64% . 33ai ? 9% i-f 102, ?43 - 20%"20% " - . •20% 20% *52 54 14%.• 14% 14% 14'%-/,» 18% 18 V2 18% 18%" 20 *A *52 - '>•••; 14% 18% JT-it , *3,90$ *-' ' 14%;^z^.40,800"^ " - - ^200' * Y 600^-' V, 54 18% ■ 30* 1,400; • 20'A: 'J- - T8y8- ' , - /., 12,900^ * . 44%,;: -V*43>A 441/2 .'19%';;-' V 191% ,19'A ' 235-3 ~24% .24%', 24%".%: ,.24% 24%/:;. 53% 53'A ; 53% *52'Ai- 53% ' i53% 43 % - -43;'% l8Va 15- 18% , 12Va i*52% .' 54 15 ■ . 9% 102%; ■' 54 ; 12 24%, 25 Va'.."?;7' . 9.% *101% , ;i8%%i8.%:-7--; . 25 V2 54 ;-v ■ "' 26% : 27 " HHff '; 26%; 27 12 12% *l01V!i l02'% *101'%. 102'% 64% , 3.3% ' 9% ./ 27 No par. Capital 'Admin clats A' cbmmon-__3L $3 preferred A— ,_10> Capital Airlines Inc.^—^ ,__1 Carey (Philip) Mfg 65% 65 Y 4,700 *> « yolume 173 • Number 5013 . : The Commercial tmdrFinancial Chronicle . M (2099) -_a NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest $ per 102 share Jan 27 ft 15 ft" 11 July 27 30 ft Jan . 3 July 13 Range Since Jan. 1 Lowest Highest S per NEW $ per share share 110 ft July 107 13 50% Dec Jan 3 29 46 28 LOW AND STOCK Saturday May 12 $ per share 30 ft Jan 34 Vz Mar 16 YORK EXCHANGE Highest Par Carolina 110 ft Mar 12 33% Mar Clinch & Ohio Carolina Power 8 Apr 2 56 May 17 Carpenter 21% May 20 18 ft Jan 2 25 Mar Carrier 39ft May 13 35 Jan 5 42 May 11 9% Jan 2 11 ft May 7 Carriers *& 66% May 9 Case 9 & Steel Ry 19 x7% Mar 13 10 ft Jun 16 35% July 13 56% Nov 15 52 Jan 2 1 145 Apr 30 140 ' Jan 3 156 32 Vb Jan 27 55 103 ft Dec 22 106 29% Mar 21 _ 130 ft Jan 13 May Dec 141 46 ft 29 Mar 47% Dec 9 100 106 Mar 26 140 Aug 18 55% Jan May 18 43% Jan 29 *109 ft 110 ft 109 ft 109 Va 32% 32 Va 32 ft 32 32 ft 32 Va 323/8 51ft 51ft 53, ft 51ft 52 53V4 23% 24 Va, 231/4 23% 23Va *22% 43 Va 41ft 41ft *40 3/4 43 *41Vi 11'/a 11 H 10% 11 61% 613/4 51% 52 23 Va 23 Va 50 *41 Vb 43 ft ' Jan 21 Jan 17% Apr 14ft Jan 10 Apr 12 18% Mar Central 8ft Jari 2 26 16 ft Jan 25 24 ft Feb 23 15 Jan 3 39 Vz Dec 26 39 Vz Jan 3 57% Feb 23 Jan 3 10 30 July 13 110ft Feb 9 113 Feb 32ft Jan 27 Dec 20 9% Jun 26 ft Dec 105 27 8ve July 17 ' 9 2 38 ft Feb 12 27 10% May July 27 12% Jan 17 112ft Feb 29 Mar 28% Mar 13 ft Jan 21 15 ft Mar 2 Sep 12 Feb 8ft Jan 2 17% Mar 30 34% Dec 28 33ft Jan 27 2 20 25 11% July 26 18% Apr 29 36 Dec 29 30 ft. Jan 45ft Jan 9 63 ft 107 Vz Feb 2 16 26% Dec 1 32% Oct 24 29 Jan 19 35 ft Dec 28 31% May 16 38 ft Feb 8 July :■ Jun 30 90J/2 Dec 28 4ft Feb 15 17 Dec 29 76 9% Jan - 10 ft 3 July 12 11% Jan 13 19ft Jan 3 7% Jan Jan 35 2 80 Apr 27 15% May 12 90 Vz Jan 16ft *16 ft 20% 201/4 201/4 20 3/b 20 3/B 203/b 20 ft 9% 2,500 93/4 93/4 9% 10 ft 93/4 9 7/8 4,600 21% Dec 18 21 ft Apr 25 27 Feb 10 12% Jan 9 17 Feb 9 32% Dec 11 22 ft May 15 33ft Jan 9 37'ft Dec 14 33% Mar 24 38% Feb 13% May 15 19 7% Jun 22 5 8 May 15 15 ft May 16 29% July 19 62 ft July 13 Dec 9 Miiw.St convertible Conv 16 Chickasha Childs 8 19% Mar 30 1 50 Feb 82% Apr 14 Lowest 27 ft 103 ft July 26 July 3 Range Since Jan. 1 Lowest Highest Co 31% Jan 34% Feb 24 109 ft Mar 100 4 Jan 24 36 ft Dec 41% Dec 15 29 43% Jan 8% Nov 30 8ft Jan 20 Jan 3 93 May 12 89 ft May 28% Dec 19 34 Mar 15 29 ft Jan 82 16 ft Feb 16- 20% Jun 18 ft May 23 138 Jun 1 Mar 30 72 38% July 26 Sep Xl08 6 40 ft Dec Sep 87 Nov 18 8 93 2 84 ft Jan 42 ft Jan 4 108 ft May 9 29 30% Jan Nov 17 70 4 29% Dec 28 3 43 3 73 Jan 7 12% Jan 28 37% Mar 15 99 ft July 12 112ft Mar 16 3ft July 11 22 Mar 27 ,134 ft July 27 70% July 17 Dec 946 7 18 37% July 17 Dec 95 21 14% July 17 14 ft Mar 30 5ft Jan 26 Feb Dec 3 1004 Oct May 24 31 5 143 85 ft 113 Mar 28 36 ft Feb 23 ft 231/4 24 22 3/4 23 37% 4,600 361/4 3,500 23% 22% 233/a 22 Va 23 ft 10,000 45V4 231ft 45% 23 ft 46 46 463/4 45 46 7.100 40 ft 393/4 40 40% 41ft 413/4 41% 3,500 *611/4 54% 63 *61i/4 . 23 23 ft 23 23 ft 453/4 45% 46 41ft 41ft 41ft 41 Va *61V4 63 *61 ft 63 59 59 55 Va 56% 55 55 92 89% 89% 91 91 *90 92 *901/4 92 12% 12% 12% 121/4 12% 12 3/b 12% X12 ft 121/4 *12 12% *17 ft 171/2 17 ft 17V4 17ft 17ft 17 ft 17Vb *17Vb 17 ft *17 17 ft 300 51/4 14,800 57% *90 5ft 5% 5 5Vb 5ft 51/4 16 ft 16 16'A 15ft 15ft 15% 153/4 15% 15% 45 *44 44% 44 44 42 ft 42'A *41% 421/z *41V2 42 ft 60 76% X741/4 75 73 Vb 74 ft 73V8 73% 73 ft 741/4 721/a 73% 59,000 26% Feb 3 19ft Jan 2 Jan 10 61 37% Jan 8 56 Feb 21 35ft Jan 9 54% Mar 17 25% July 11 40 ft Oct 11 28ft Jan 2 33 25 July 12 40 Oct 11 27% Mar 13 11 July 26 14 ft Apr 12% Jan Apr 4ft 2 14% Oct 13 11% May 18 14% Feb July 11 24 59 ft May 18 28 39 ft Apr 4 48 ft 6 19ft Jan 2 May 9 Pictures Columbus & Combustion 26 38ft Nov 30 37 ft Jan 2 45 Vz Jan 29 18 67% Jun 1 45 ft Jan 8 55 19 5 24ft Nov 18 22 ft Jan 8 28% May 4 Commercial 33 ft Mar 16 27% Jan 2 30 Mar 3 9% Jan 2 3 lift Feb 8ft July 18 lift Feb 3 30 ft Feb 6 23 2 27ft Feb 41 Feb 6 28% May 18 35% Jan 7ft Dec 28 Superheater 7ft Jan 19 24ft Jan 3 12 108 Vz Apr 1 353/b 50 ft ; 35 493/4 50 103 104 3/s *93/4 *9% 10 891/4 891/4 89 ft 30 29% 29% 18% 18 Vz 92Vz *89 100 100 ft 6,000 lOOVz 500 35 35'A 50 491/2 106% 100% 101/4 • 89ft. 44 441/2 *159' * 90 175 91V, 90 *88 *88 20 29 Vs 29 "Vs 1,400 183A 18 Vz 18 Va 1,000 91ft 44 ,109 *36 36% 36% 36% 35 ft 36 353/b 50 70 70 ft *70 Va 72 71 71 *70 ft 50 *41 44 *41 44 *41 ft 44 ft ft 109'/4 44 109 *155 *88 90 44% 92 ,91ft ,443/a ft *443/4 ,110 *1083/4 '35ft 35% 42 ft 43 *155 175 90 *41 3,500 *88 70 ft 71 *41 44 90 44 ft 44 % 108% 140 34% 35 ft 2,100 70Va *70ft 71ft 130 44 *41 35 ft ; 36 Va 33% 35 ft 34% 35 34% 36 34% 35 ft 32% 32%,. *32% 32 ft 323/4 323/b 32% 31% 32 ft *105% 106% 1063/4 4% 43/4 4% 106 106 106 107 107 4 3/4 434 4% 4% 4% 34 ft 34 ft 34 ft 34% 33% 34 33% 33% 132 *131 ft 134 131 Vz 131ft *131 ft 89 *87% 873/4 *87% *131 Vz 100 88% 114ft 132 132 88% 89 114ft 115 115 113 *875 *875 51 ft *94 *94 95 88% 114 23 114 113% 4 3/4 3,400 260 43/4 43A 4,900 >f34 333/4 33% 2,500 133 *131 ft 88 ft 881/4 114ft 113ft *850 133 110 881/4 700 114 6,500 ~51% 2,800 *850 51 51% 51 51% 51% 51% 95 94 94 94 94 *92% 94 ft 21 20% 20% 20 ft 20% 5,300 22% 22 ft 233/a 22 ft 233/8 20,900 51 21% 20 21 22% 22% 20,800 107 *94 95 20% 20ft 873/4 113 34 *850 *875 51% 51% 51 ft 20 ft 106 ft 107 * 43/4 No par 5,500 44 35 ft 32% 105 ft 940 43 ft X32 ft 36 Va 100 91ft 175 108 3/4 44% 109 '' '- 93/4 89 ft 29% 42 ft 43 ft 175 109ft 44 9% *89 2,400 9,700 32,700 1,100 183/4 91ft 41 44% 32% 50 29% 18 Vz *155 109ft 36 35V4 1053/4 ' 44% - 35 35 491/2 101 109 ft _l 231/4 22 ft 22% x203/8 221/4 70 ' 100 54 100 *49 100 *48 2.50 54 m 50 50 29% 30 ft 29 — 1 .*30" 49 ft 49'A 49ft 49 50 *48V4 50 48 ft 48 ft 10 29% 30 X29 28 Vz 29 ft X28 13% 13 ft 12% 13 ft 13 ft 12 Vz 12 ft 12 ft 63/ *61 ft V 54 54 29 ft 13 Va 13% 29 Va 28% 29% 283/4 293/s 4,700 28 ft 28V4 29 ft. 28 ft 29 3,300 13 Vs 13 3/b .> 63 4,41/2 441/2 46 20% 21 20% 44 5 20% 20% 21 21Va 41 41 ft 36,900 11 3/4 12 Va 3,000 59 ft 61ft 431/2 44 43 ft 441/4 2,900 21 43 ft 45 13% 121/a 63 21 21 -20% 21 5,700 133/8 12 ft' *61 ft • *61 ft 443/4 12 ft 12% *61 Vz . 180 530 ft ft *121/4 63 44 ft Elec Co 53 50 *48% 55 3 Oft *61 ft ■ 52 *49 50 29ft — : 54 50 *54 f- 28% > 2.50 -*>51/2 ', v50 50 54 49% *48 ft 54 - No par : Shares 35% ' 175 *88 90 35V4 106 10 90% 44% " ft Inc No par 39% 40 ft 10 53% 53% 53 53%* No par 26% 26% .26% 26% 23 28% 28% 28 ft 28% *29 Vz Solvents Edison Consolidated $5 ' 35 100 29%, 18% 92 Va 44 *155 175' *88 w w___No par Consol Edison of N Y 27 108 Vz Mar 28 the Week $ per share 35V4 101 101 89'A 18% 92 45 Va 10 30 *18 ft 92 ft 98 Vz 89V4 *89 45 Vz 49% 10 "30 18% 34% 51 89ft *92 Inc No par common__No par 11% May 10 2 4 Sales fo* Friday May 18 May 17 $ per share 351/2 44ft preferred 31% Feb 25 Jan 35V4 10 10% 101 107 50 1051/4 Conde Nast Publishing Co—No par Congoleum-Nairn Inc No par Consolidated Cigar __No par 20 Thursday May 16 $ per share 35 600 * Wednesday 109 ft Commercial Credit Co 9 25 ft 106 ft Jan - 50% 101 % com. Ohio Commonwealth 20% July 12 35 ft 5 63 12 Vs 13% 13 ft 300 Engineering 24 ft Apr Jan 35'A 35 ft 108 30ft *155 100 System So 35 ft 101 *30 *18ft 20 Columbian Carbon Co__ 4 PRICES No par preferred cum SALE May 15 $ per share 35% 101 *89 100 pfd 2nd Gas $4.25 43 ft Dec Apr 35 ft 35% HIGH Tuesday May 14 $ per share 101 Vz 35 ft 100 preferred— Columbia 22% Mar 10 ' Monday 5 5% '' (The) Columbia 65% Mar 19 30 10 No par Columbia Broad Sys Inc cl A Class B 13 32% Apr 13 13% Mar 3 72% Oct 33% May 19 *101 100 *10 Vb common conv non-cum ^ " 5 Colorado & Southern Ry com 4ft non-cum 1st preferred 24 8 109% Mar 18 *35 Vz Collins & Aikman Corp. No par Colo Fuel & Iron Corp com__No par Mar 19 21 38 ft Dec July 12 Saturday 50% stock 300 1,200 *16% 105% gtd 13,400 51/2 May 12 Sper share 5 7% -55ft 16% No par com 52 Vz *16% 76 ft 8.50 *_ ft *44 • Coca-Cola Internatl Corp No par Colgate-Palmolive-Peet com__Nopar $3.50 preferred No par 29 106 ft July 19 com 55% 5ft -. . Coca-Cola Co 23% Jan 63 _10 Co Inc 2nd *61 ft 91 3 cum 63 3,300 i23/8 12 4% 63 5,100 573/3 Corp 1 Cluett Peabody & Co com____No par 7% preferred 100 16 *61 14 *88 ft Jan Mar 28 22% Mar cum v , , 100 Jan 19 13 4% gtd ' 45ft No par ft Jan 10 15 22Vz 39 ft 94 37% Dec 21 3% Feb 23% 45 ft 138 41ft Dec 26 ft 22 ft 22% par 132 13 July 13 24 14,300 May 15 13 12 24 10,600 46 3/a Apr 25 13 26% Dec 241/2 Clopay 27 Jan 15% July 21,000 ' 5 36 RR 4 ft % 10 6 Pitts Special 2 55 ft Feb 23 ft Oct & 27 5ft May 100 Vz Feb 14 1,500 133/4 "45% common 109 ft Jan 2 18 ft Nov 16 ft 22 Vb 13 ft __io 3 Mar 27 43% Dec 15% 21ft 13% 46Vz Molybdenum Jan" 29 16ft 22 ft 13% 453/4 Corp Foods 91 30ft Jun 16ft 22Va 133/4 45% STOCK Climax ft Jan 10% Dec 16 22 ft 13 ft LOW AND Clinton 16 57 153/4 22 ft 14 ft 44 ft 25 16 15ft Jan t; 16 22 13% 45% 25 40% Apr 30 16 ' 15 ft 22 _1 34 ft Apr 46ft Oct 16% 43% 25 2 101ft May 22 22 YORK T Financial Cleve 27 50 ft Nov 2 Jan 400 1,300 46 100 Cleve Elec Illuminating com__No par $4.50 preferred-.'No par Cleve Graph Bronze Co common 1 5 83 26,400 45% __ 5 44 ft Feb 131ft May 16 28 Jan 32 18 92 165 74 3% Mar 24 5 34 ft Dec 105 37% May 26 Mar 15 30 Va Jan Jan 83 v 800 f 32% 53,800 Oil C C C &.St Louis Ry Co ■'; 5% non-cum preferred Apr 25 5 46% Feb 83 7% 31ft 313/4 No par 4 ft % conv preferred Clark Equipment Co 5 90 111 May 11 40% Jan Mar 14 29 ft July 17 14 Feb . 340 23% conv "City Stores Co 15 53 ft Feb 155 13 8 7 83 * 7% *30 . 32V4 2,900 22 Va City Investing Co common 51/2 % preferred City Products Corp 26 100 ft Feb 5 4 62% Jan 112% Dec 2 Feb 47 ft May 31% Dec 37 21ft Jan 84 73/4 31ft 31% 800 55% 103 23Va Par I 83 3/4 * 7 %' *30 4 33% 55 *102ft 22 ft Cities Service Co___ 24 Jan 32% Mar 16 112ft Mar 23%, July 13 C 32 ft 84 . 31ft 31% 33% 56 ft 22Vz preferred Cincinnati Milling Machine Co 9 31 32% 34 103 14Va 23 Va 4% 18 9 155 19 19 lift Jan 38 ft Apr 29 150 27 53% Auf X112 ft May 3 89% May ■ MarTl 24 > 26 73/4 *71/4 31% *83 *102ft 22V< 455/3 A Cincinnati Gas & Elec 9 Feb 7% 56 " *231/2 EXCHANGE 38 ft Apr 8 84% Mar 28 6ft Jun 107 32 ft Mar 27 68 ft Mar 22 26 35% May 3 May 17 563/4 103 Vz 15% 22% ' < 7ft 31% 34 34V4 563/4 22 Va 45 common NEW $ per share 34 1021/z . 14 —100 Cab Cotton cum Highest J per share $ per share 57 16 ft STOCKS Year 1950 - 10,600 *37 preference__No par Yellow Range for Previous $ per share 16% 221/2 141/4 No par pfd Chile Copper Co__ Chrysler Corp 13 2 5% 153/4 103 ft *31 84 16 ft 22 P preferred series Chicago Feb Paul & Chic Rock Is & Pac RR Co 9 .' .■ . 16 341/2 56 103 ft „ 16Va 141/3 — 16 68 ft Jan 40 19 84 ft Oct 44 ft Feb 34 ft 57 Vz 104 *83 84 *22 5% preferred 100 Chicago Pneumat Tool com__No par 14 35% 57 Va *103 ft 15% 22Vz 9 19 Vz Jan 35% 57i/4 1041/2 18,300 21% 52% Feb 1 3-7 57 46'A 231/4 10 3ft Feb » *351/2 1041/2 44 ft 16% , 46% 22 ft /42 ft Jan 11 16 45 10 11 Sep 16% 443/4 10 26 19 16% 44 133/4 43 Jan i63/„ 1,300 45% - 36 Va 44 ft Dec 13 44V4 101/4' 3 3 45% 14Va 30 2 ft 363/4 26 ft Jun Mar 45 13% 27% Jan Jan 500 457/3 10 Chicago & North West com__No 17 9% 36 ft 3 87ft Jan 13% 26 *9ft 103/b 28 ft Mar 12 13% 26 9% 14 3 19 13% 261/4 *9ft 363/4 Jan 88 ft Mar 17 13% 2 6'A 9% 10 21 13% Apr 13% 26 *9Va 13% 28 July 12 133/4 26 9ft 36 ft 22 ft Dec lift July 26 13% Jan 4 14 26 VB 9ft 10 Vz 3 77 13% 26 Vb 10 141/4 11, - 13% 26% *9 ft 37 Ry Co cl A B Series A preferred $3 22,900 13% 26 Va 10ft 9 3 600 13% 59% Feb Chic Ind & Louisv 6 2,300 20 ft 36 2 Feb 10 21 ft 10% 42 ft Apr 61ft May 94ft Feb 20 20 ft 10%' 27 64 21 20% , 36% _J7% 14Vb 14Vz 28 27 20 3/b 10% 51ft Dec 25 201/4 143/3 23% Dec 58% Apr 20 10% 9 50% Jan 21 3,700 1,800 109 14ft 5 28 21 *107 25 16 Feb 20 21% 109 —No par Jan 14 ft Feb 30 62 ft Dec 109 igft . oO 10 53 ft Dec 109 2,300 33% 9% *82 Vz 21% May 15 17 *107 2,600 93/4 13% \ 15% 30 27 109 19Va 48Vz • 26% 100 21 53 ft Jan 33% 21% 7% 16% Dec 36% Jun 331/2 22%- 32% 277/8 Mar 30 . 333/8 300 44% Chicago Corp (The) 1 Chicago Great West Ry Co com__50 54ft Feb • 5 33 V2 21 31ft 10% Dec 38% Mar 28 33 ft 20% *7% 5 Dec 33% 20% 32 ft 3 Jan 9% 21'/a 31ft Class 9% ; 20 Va 8ft Chic 48 9ft *107 ft 321/2 preferred 48% 9% 191/2 49 21ft 32% 5% 18 43% 9% 21ft *77/3 preferred 19% 48% 9% 21ft 321/2 13 10 109 19 ft 49% 17 13% No par convertible *16Vz 33Va 33 Va *107 ft 17 *9 ft 1 Jan Jan 109 *19 ft *16 ft 9% *31 Vz 2 Apr 33% 17 *26% Chic & East 111 RR Co com__No par Class A 40 13 15 ft 33% *108 5 7ft Jan 4; t 33% *20 1.25 3 Vz ft 100 9% , Corp of Virginia 5 Chesapeake & Ohio Ry common__25 24 5,600 16ft Champion Paper & Fib com__No par 2 23% Feb 16% 20 ft Chesapeake 5 25 3 16% 9% Checker Cab Mfg May 8,100 163/4 20% 100 $4.50 preferred 9ft Jan 107% 9% No par 7ft Mar 29 *47 107 ft 20% vtc Co 100 ft Mar 15 14,200 147 107% 9% Pasco 2 48Vz 47% 148 ft 107 20 ft *21 Vz 18 100 9% , 29 5,900 20 ft 21ft Dec 49 10 47V4 103 ft 1 50 Dec 149 46 ft 1031/2 16% preferred _1__ 49 ♦148 47 ft 103 Vz 16% 20 10ft Jun *149 600 17 ft 19 Va 107 4,100 *16% 49 5 63 16% 16% 9% 3 1,700 61 ft ; 62 ft 48 3/8 16'/a 49% 8 10% *146 16% 20ft Jan 6,300 41ft 47 49 16 ft 9% Belt 23 103/4 16% 49 ft Chain 221/4 403/4 ♦148 107 3/b 9% 40 231/4 42 */a *102% 148 106% 20 ae 3,300 16% Copper Corp Certain-Teed Copper Corp 9 48% 55 16% :.——_____ 50 Central & South West Corp com__5 Central Violeta Sugar Co 9.50 Century Ribbon Mills —No par 18 ' 47% *146 54 ft 62 103ft 107% 49% Cerro 15 49 ft 146 2,300 56 11 ,106% 10 32 3A 5 Ry Co vtc 6ft Dec 98 48 ft 146 108 *9% 46% May 17 17% Feb 28 ft Feb 50 148 107ft *49 Vb 6 33 ft Apr July 12 49% *146 108 ft 47 *102ft Share» 110 32 54 ft ; 62 Va 148 148 48 ft 103 ft *19% Class B May 11 11% Jan 47 ft *102 100 2 14ft Jan 25 y2 .. 48% 103 Va *109 32 ft 16% Central RR Co of N J class A 2 9ft Oct 24 ft 149 110 32 ft 20 preferred series B 4 ft% 2 May 16 48 *102 49% 60% ♦148 No par 5% 15 May 18 ft 148 " 63 150 Central Hudson G & E Corp__No par Central Illinois Light common ♦ 6 20 1 16% Mar Apr 35ft Feb of Ga 48 *146 108 62 ft *148 23 *109 No par Aguirre Sugar Co-. Central Mar 26 4 6% July 14 3 ft 103 Vz 49 Vz par 100 Central Foundry Co 1 20 ft 20 64 48 Va 11 150 *102 100 __; pfd conv cum 20ft May 18 18% Jan 17 ft Dec 10% Mar 29 2nd preferred 2 20% Aug 29 lift Apr 6 3 8% July 13 64 10 —L *41 11 *148, 100 common 4.20% 17% Mar 22 " . 25 3 Jan 3 11 100 Celotex .Corp common— 5%: preferred 7% July 17 15. Co common Corp of Amer com__No 4ft ft 5 4 , - 7% • 108 ft May 10 2 15% Jan 18 _i *109ft 110 Sales tor the Week $ per share 11 5 10 General Corp__ Preferred $ per share IIOV2 preferred Celanese Friday May 18 May 17 Sper share ">32ft Co Caterpillar Tractor 13 19 152 2 106% May 15 13% July 13 15 ft July 14 3 Feb Thursday May 1G $ per share *109ft preferred 4% series (J I) 7ft 6 56% Feb 10 Jan Mar Sper share PRICES Wednesday 100 ' 155 SALE May 1.5 No par Light Corp common. Conv HIGH Tuesday May 14 $ per share * 33 ft Dec i Monday Co 11 Coppermines Corp___5 11 25 25 25 29% lift HVa No par 31 No par *107% No par com preferred 11 29 ft 25ft 40 40'/a 40% 42 53% 52 ft 53 523/4 533/a 53 54V4 7,500 251/4 26% 253/4 26% 26 26% 25% 26% 18,400 28 Va 28% 28 Va 28% 28% 28 ft 283/b 283/4 17,600 39% / 103/4 11 10% 25% 25% 263% 26 Va 29% 29'/4 29% 29 10% 29Va 10% IIV4 10% lift 10 3/8 11 30% 311/4 30% 107% 31 108 107% 1073/4 42JA 5,800 t 10% 2,600 25Va 26% 29 ft 3iy4 31 107% 41 10 3/4 10% 25 29 ft ,. 10% 25% ,10% 31 108 39% 52% • 26 Vs 7,600 28% 29 1,200 107% 10 ft 10 Va 10% 30,100 30% / 31 30 ft 30% 28,500 107 ft 108 108 Va 108 Va 1,400 ft 253/8 10,000 *109% 110 ft IOV4 Cons Gas Elec Lt is Pwr Co 23 Dec 20 27ft Jun 112ft Dec 18 117ft Apr 105ft Sep 26 108 ft May 24 10% July 13 9% July 5 99 26 ft Feb 24 23 115 Feb 3 May 17 107 Feb 10 14% Sep 25 13% Jan 2 19% Mar 12% Jan 28 10% Jan 3 12 Feb of Baltimore Preferred common 4 ft ft series B—,—100 1 109% 109% 109 ft 109ft 110 109ft 101ft ♦100V4 101V4 *1001/4 101 17% 17% 17 ft 17% 17% 5 *10% 11% *10% 11% 47% Feb 6 45ft Jan 11 54 Va May 14 27 28 ft Dec 22 26% Jan 23 34 ft Mar 21 13% Dec 28 12 Mar 30 16 Feb 5 Consolidated Retail Stores Inc 17ft Sep 22 13ft May 18 18 Feb 3 Consolidated Dec 18 17ft Apr 21ft Feb 26 15 Jun 9ft Mar 10ft Jan 8 25 19 30% Jan Mar 16 28 Dec 109 Dec 7 108 Sep 15 28 Dec 4 32 ft Dec 11 101% Jan 11 106ft Dec 29 14% Apr 24 19% Jan 88 7 July 28 30% Dec 102ft Feb 4 3 36 4 2 113ft Mar 106 110 May 32 ft Jan 100 4 2 Apr 23 24 17 Jan 2 Jan 24 93ft Jan 11 41% Jun 23 32ft Jan 2 July 19 95 ft Apr 20 107 ft 34 ft Mar 104% Apr 23 113ft May 12 111 Jan 4 100 1 10 Va May 16 16 July 17 50 ft July 13 13 ft Dec 30 78% Jan 11 9% Dec 28 . Jan lift May 30 19 ft May 12 ft Jan 10 16 ft Feb 64 ft Feb 1 5 98 ft May 16 78 Jan 4 9 1 1 21 3 Cont 5ft .cum 13ft Jan 3 96 Dec 28 27% Nov 25 Vtor footnotes see page 24. 8% May 15 lift Jan 20 Continental 11 106 Vz May 11 Continental 52% May 15 88ft Jan 24 ft Mar 30 32 Feb 53 ft 53% 53 53% 53% 53% 53 53 ft 20 31 30 30 ft 30 ft 303A 30 31% 131/4 12ft 12% 12 3/b 12% 12% 12% 12% 12% 2,100 14 14 13% 14 13% 13% 13 ft 13ft 13V4 13 ft 13 Vb 133/a 12,100 173,4 177/3 17% 18 Vb 17% 18 173/a 173/4 17% 18 Va 171/4 18 17,600 1 "When Motors Oil of Delaware Steel Corp.. 32% 32 ft 32 ft 32 ft 32 ft 32 ft 321/4 32 ft 107 Va 107 Va 106% 107% 1063/4 107 Vb 106% 107 ft 1063/4 107 107ft 1061/4 107 106 ft lC6ft 106ft 106 ft 106% 106 % *106% 107 36% 36% 36 ft 37»/4 36 ft 36% 35% X100% 1003A ♦lOOVz *101 101 101 37'/4 36% 1011/4 101 36% 101 101 660 540 36% 3,900 340 101 *19 191/4 19 19 19 19ft 19 19 ft 19 19Vs 18% 19% 97% 97% 97% 97% 98 93 98 98 ft 98 ft *98 ft 98 ft 150 33% 38% 38 ft 38% 38% 383/4 37% 38 371/4 373/4 36% 37 Va 15,700 98 96 Vz 96 ft 973A 96 ft 96 ft 200 10% *67 8 ft 106 „ 14 101ft' 37 ft 8,000 *97 ft 1 5 6.500 32 ft 32 Va .107% 14% 10 323/8 32% 107 V2 *106% *i8ft issued" Continental » 5 ; 8,600 54Va 25 Inc 600 31ft *93 Va Fibre 10% 12% No par com 2 (conv) Diamond Continental Insurance 51ft May 16 5% Jun 29 55ft Jan 25 pfd 10% 52% 100 Cop & Steel Ind Continental 10% 30 ft No par preferred 10% 10% 133^ Continental Baking Co com,._Nopar $5.50 preferred No par Continental Can Inc common 20 $3.75 11 11% 52 ft — • 3,500 31 1 preferred 200 17% 13ft 10c 4ft 991/4 17 ft ft 30% $4.50 preferred No par $4.52' preferred No par Container Corp of Amer com 10 106ft Jan 99 17% 17 52 ft Inc com 290 991/4 100 173/B _1 Consumers Power Co 15 106 Co llOVz 99 17 ft 99ft 17% *11 *1093/4 25 .15 2 39% Feb 21ft Mar Textile 109 ft 25Va "25ft 100 pfd_. Consolidated Vultee Aircraft 11 39% May Consol RR of Cuba 6ft 8 Jan XI8V2 Apr 8 B 25 ft 25 *100% Consolidated Laundries Corp Consolidated Natural Gas 110 253/b 10O 10% July 13 40ft July 28 25 1.33V3 Preferred 4ft series C__ Consolidated Grocers Corp 3 25% *25% 25% *25% 98 *96 loft' 19- 14% 67ft 9 106ft 10% 10 Vz 97 10 ft *96 10 ft 10 ft *18% 18% *1-8% *49 14 ft 14'ft 14 ft 143/8 14% -14% 67 * IOV4 10'A 10% 18% 14ft 67 65 66 64 3/4 65 - —*18 ft A%( - 9ft 106 Xl04ft • 26'1 10% ♦85 ft , 25% * 9 9 105 ft 1023/4 104V4 ft ; 52 3/4 51ft 52 ft 253/4 25% 25 25% 8% 104 52 * 25ft -*18 V2' • 9ft 65 X8% 103 521/4 *25 ..19 - 10'A 19 3,200 7,800 . 300 14% 14 ft 14% 3,500 65 643A 65% 5,100 9Va 15,000 8 3/4 9ft 103 ft 104 ft 521/2 „ 25% ' *51Vz 25 105 52 ft 25% 11,400 6,100 • 46 The Commercial and Financial Chronicle (2100) . . Monday, May 21, 1951 . NEW YORK STOCK RECORD NEW Range Since Jan. 1 Year 1M0 Lowest • Highest Lowest LOW stocks Range for Previous STOCK YORK * ' May M * AND Monday Saturday EXCHANGE Highest HIGH SALE Tuesday May 14 PRICES Wednesday May 15 Thursday May 16 Sales f«r Friday May 17 the Week - May 18 ' $ per tper share 26% Jan 12 31 Apr 10 55% Feb *24% May 16 20% Api 1 42% Jan 8 Jun 17 41 Dec 26 14% Jun 27 22% Dec 28 46% July 14 51% Oct 24 49 Mar 17 10% Jan 17% Apr 22 13% At>r Oct 17 *61 45% Nov 57 * ' July 17 28% Jan 100 3 Apr • 76 18 Out. t 98 Apr 30 98 May 4 104% Feb Jan 3 78% Apr July 13 187% Apr 13 2% Feb 166% May 17 4*?u Jan 6 6%-Mar 3 1% July 13 25 2 Apr 25 10% Jan 2 -105 Jan 96• 14 14 Jan 26*4 Jun ' 30 12 % 26% May 16 30% Mar 41% Oct 27 19 Jan 23 5% Jan 26 2% Jan *27 27% 35% Apr 103% Feb 20 Jrfii 2 27% Jan 13 49% Dec 28 48% Jan 2 56 11 105% May 100% Apr 19 106 16% Jan 3 34% Dec 5 29 Jan 82% Nov 15 81% Jan 24 % Jan 34 Co *3%% of 7 Cream of Wheat Corp Crown $2 May 10 Jan 44% Jan 29 2 95 Jan 30 2 32 Mar 20 Crucible Steel of Amer x24% 25 27% *54% 55% 24% 263A 25 % 2634 54 1 Mar 31 17% Jun 15% Jun 175 Feb 22% Dec 27 20 ; •• 5 20 19% Mar 29 Mar 27 180 >8% Apr ' Jan 8 77 10% Apr 4 26% Nov 22 10% Oct 25 x25 Jan 3 10% Feb 106% Feb 28 52 12% Dec 18 10% Apr 3 -Feb 23% 22% 23% 22% 22% 23 22% 23 50 3« *49% 50% *49% 50% 50% 50 50 170 14 1334 13% 13% 13% 14 14 14 14 1,500 s 62% 62 62'A 62 62% 62 62 61 62 61 61% 1,650 56 60% 59% 60 7,800 98% *97% 99 '75%, 75% 59% 59% 58% 593/4 58% 59% 98% *97% 98% 98% 98% *97% 98% *97 *96 98% *97% 99 *96 98 *97 99 .75% 75% 76 75 % 75% 171 5 5 2%' 2% 2 V* 99 12% 2G% 26% ' 167% 167% 166% 166% x4% 4% 4% 4% •4% 4% 2.500 2% .2% 2% 2% 2% 2% 1,800 32% 33% 33 33% 32 33 98% *96 98 12% 12% 26% 26% 18% 183/, 18% 18 36 36% *35 56 55% 55% 55% 102% 39'A 39 88% 88 29% 29% 38% 39% 38% 39% 88% 87 87 55% 33% 12% 26% , 18% 35% 8 3 4%% Press Curtis $7 Prior preferred 12% jail 9 Class 10 A1 17 8% - •/ 20 129 Jan 2 132 % Jan 24 *52% 1 30 Jan 25 35% Feb 24 Cutler-Hammer Inc 100 1,500 18 8,500 36 55% 102% 39% 39% 36% 39 87% . n ; 10% 25% -' 87% 863/4 .; 32% 54% 55% 103 t ' ; 73% 73% 10%; 10% 27% ' 27% 27% 8-%... 8% io% 25% *130 32 134 ; 32% 14 ; 8% 26% 8% 103% 103% / 1 52% f • - 4 134- 32% 8% 10%.. 253^ - 10%-. 25% '128% 124- 8% _ 103% . •„ 10%; < 25% 25%; ; *128% 33 , 33 31% 31% ; 30% *93% • *15% 2,600 ;; 21,600 • 52% : , „ 110% ■ ■ 32 3/4 ..... 500 1,500 28 *51% . 4,700 10% - 103% *51%;. 8% 1,2.60 6,300 73% , 10% - 25% 25%32% , . < 1,200 30% 8% 73% , 10%. '.*128% 32%-, 8% - 104 •» 10% - 1 6,900 200 52 104 52 3% / 440 . % 23% : 22 *175 10% 27% . . 25 V# ■ 8% 72% '4,900 103 29 23% 200 8% "8% 105 .. 293/4 23 *175 10% * 10%. . 32% 31% ' 27 ' 26% 29 % 1 23 % 200 600 87 72% . *51,%>„ 52 % • . 25% 134 ; *130 10% 3% 10% " 8% 72% *104 52% 33 *32% r ' 29% t J 8% 52% 134 *130 ; 1 105 *104 25% 25% ——No par • ,'■• 53%" 10% : 10% pfd Cushman's Sons Inc 7ft 29 8% , 23 *175 10% - 26% 8% 4. 8% 105 *104 , 26% * *29 v 23% 200 72% 10% 26% 30 23% : 72% 10%; : Jan 138 / 72%* ^1 — 9 72% 2G% par J *175 rio% 2.50 common 8%; 9 ' . 200 *10% ■ -293/, , 233A *175 4 *87 29 3A *71% B prelerred__: Curtis-Wright . ,88% 23% 24% 200. 8% - 100 ——...L..N0 , -24 *175 Publishing common—No par w-i-—No par 15 10 >27% Feb common Cunningham Drug Stores Inc 3 29 4 10© 7 10 ' Inc.——,—a Jan Mar 13 100 common__10 preferred—, Cuneo 57 24 pfd. ' 2,200 26% 17% *35 55 % 103 9,000 98 12% 102% 55% 103 4 32% 26% 18 35% , 880 167 *96% 12% 26% 18% 167 98 12% , 36% 55% 39%' 38% 88 26% I?3/* •35 102% 102% *102% 103 12%- 26% 36% 55%, *96 12% 18% 36% *102% 6,400 2% 18% par 20 76 5 *96 26% 26% 75% 2% 12% 12% 76% 169 36% . 75% 4% 33% *96 *96" 169 * 98% 33 V< 33 % 33% 74% ' *169 *12% 4 3,500 98 99 5 2% „ 59% *97% - 170% 5* 23 *49% *97 % 60 170% 100 —1 preferred 32% Dec 21 22% Feb 24% Aug 1 May 1« preferred non-cum Cutiahy Backing Co 8 3 . May 18 8% May 15 25 • , Mar 103% Mar 30 148% Nov 3 28 ; 7ft 5 13% Feb '■ 55% Jan 125 i Jan 70 19 27 20% Jan 11 5 31 convertible RR 6% Cuban-American Sugar 13 10 Apr 10% Oct July 13 7% Jan • 77% Oct 44% July 13 » 27 24% Feb 185 13% Jan July 13 102% Dec 28 Nov 180 7% July 3 64% July 13 9% July 17 < * 6 Jan 25 26 14 5ft Cuba 1,300 10,500 13% * ' Share$ 28% 55% 23 Va 25 com 26% 28% 49 % 2 iNo 24% 27 % 26 »A 28% *54% 28 13% 2.50 preferred—— 553A *97%, preferred $4.20 31 2 (The) *54% 23 % ' il common Cork & Seal 27% 55% 50% 62% No par Crown Zellerbach Corp common__^B 14 28% S per share - 23 % 100 America 27% *54% 55 S per share *13% 28 common preferred--. •Creameries 4 3y% Feo 102% Jan ' 5 19% May 4 Crane 14 -12% May 29 % Mar 28% *53 t per share *49% * — 12 35% Jan la 17% Jan July 13 32 V4 Jun 186 2 27% Jan 30% Jan 27 Dec 104% Mar 2 2 % Jan - Sep * 10 64% May i>rf 22% July 13 55% 4 72% Jan 27 176 % July 13 101 20 May 17 3 J 1/ 50% Feb 'Nov 30 105 72% Jan 3% Aug 28% Corp preferred prior t per share share 28% 28% *54% $3 -17% Peb 102% Aug 17 13 100 % July 11 62 25% Feb iq S per share —No par Copper Range Co No par Copperweld Steel Co common fl Convertible pref 5% series 50 Cornell DUbilier Electric Corp 1 Corn Exchange Bank & Tr Co—20 Corning Glass Works common 8 *■ 3%ft preferred —100 Cum pfd 3%ftu series of 1947_100 Corn Products Refining common.28 7% preferred— 100 Coty Inc -i -1 Coty International Corp— 26 * S per common—ft Cooper-Bessemer 18 54% Jan 12 - Par Sper share 24 27% Nov 20 < share 55% Mar 13 July 17 53% July 25 > $ per share 71,300 1200 . 7 211400 .. 7 t 2,900 134'i 33% '1,400 ; 31% 7,600 ■ 94% ; 16% D t 13% Jan Jan •96 13 26% Dec 30 12 99% Dec 2 ■ ' 28 % Jan 6% Jun 3 17% Feb <-*31% 31% 33Aft preferred series An__—100 '*93% Davega Stores Corp common 2.50 • *15% S4% Dana . 9 Corp common 17 16% Jan 11 Dec 30 31% Jan 2 37% May 15 Davison Chemical Dec 29 to 3 20% Apr Daystrom J a ii 17% Feb 14 2 P9 3 92 102% Sep 1 97% May 8 104 Feb 26 18% Dec 29 17'/a Jan 8 21 Feb 24 3 4 5ft 28 29 % Jan 27 Jan 38% Jan 22 37% Mar 100% Mar 16 102% Aug 21 3 11 3 34% Mar 17 102% Mar 21 : July 5 July 24 100 24 16% July 26 < 2 Apr 14% Jan 17% Feb ! 96% May 24 96 93 31 15% Jan 3 18% July 13 10% July 13 * 25% Jan 19% May 10 13% July 10 ■ »nr , May 18 33% May 3 99 Jan 4 Preferred Dayton 3.75ft Preferred Dayton Rubber 5 8% Jan 3 41% Jan 3 10% Apr 60% Apr 28 Deep Rock Oil 57 Jan 2 68 27 Deere 18 32% Mar 29 37 Jan 19 45% Dec 19 43% Jan 2 53% Feb 9 14% Dec 20 12% May 13 17% Feb 2 23% Jun 7% Jun 27 19 * Dec 20 Decca 10 Feb Oct Records Inc Delaware 21 20% Jan 58' Dec 28 53 Mar 24 65% Feb 17 Escrow ctfs for 27 72 % Dec 29 62% Mar 28 79% Feb 17 Escrow ctfs for 12 20 15% Mar 29 19% May Apr 17% May 26 24 ' 52 % July 12 May 19 68 21% July 13 Feb ' 5% July 12 8 2 21% Apr 61 10 64 May 6% Jan May 16 8 26 Mar Detroit 20 37 11% Mar 31 16% Dec 27 15% Mar 27 6% July 13 9% Jan 5 -29% Nov 24 34% Dec - 17 18 July 13 8% Jan 2 24% Apr 4 .,19% flV/2 4?j $1.5b.,cum 35 48 % Jun 11 14 Jan 1 18 44% Jan 15 51 26 57 ' May 24 Ja n 62% May 18 13 10 : July 17 25% July 12 Jan 36% Jan 9 11% Apr 4 3b '/2 12 a uii 2 35Via Mar 2 19 Dec 28 °3 15 83% Dec 19 48% May 16 77% Jan 10 107 Sep 111% Jun 27 Mar 15 102 15 May 17 Dec 19 i.80% Jan 3 16% July 17 21% Oct 18 20% Jan 2 81 Mar 88% Dec 8 18 July 12 Jun 14 14% Dec 18 119%, Jan 181 13 7 x22 11% Mar 27 60 % Jan 85% Jun 9% Dec 10 111% Feb 211 May 24% May 93% Feb $j.26 22% 22 % 22% 22 22% 22% 22% 22 3/4 22% 22% 22 % 2,500 59% 59% 5 8 3a 59% 56% 58% 5 6 3/4 58% 59% 593/4 56% 59% 68% 67 7,400 68% 68 67 66 69 66% 66% 3.000 13% 18% 18% 3.200 22% 11,900 100 Jan 6 Apr 25 Apr 9 30 50 Mar 30 54 % Feb 10 10% Jan 12% Feb 6 18 20-/8 Dec 27 19 Jun 27 21% Nov 25 19 13 10 Jan 40 18% Apr 13 52% Nov 27 July 17 Dec 171 19 190 6 Apr 10 x20% May 16 Jan • 10 Apr 4 15% Mar 28 42% Apr 162% Apr 20 17 Jan 39% Oct 25 13 14% July 12 :« 88% Aug 25 98 Mar 10 15% Dec xl2% July 12 7 19% Jan 102 26 36% Jan 4 \ 15% Jan 30 14 2 101 Jun 5 13% Dec 19 11 Jan 25 38% July 26 49% Oct 9 45 Jan ? 16 13 21% July 26 30 41 Jan 32% Jun 1% Jan 19 10 % Jun Mar 27 25% 25 25% 25 *51% *34% 523/4 49% 50% 493/b 35 35.. 35 163/4 163/4 16% 1«% 16% 9% 9% 9% 9% :'.;*'.9% . 23 27% May 3 73 3 3 Feb 20 Jan 2 3 12 % Dec 15% Dec 15 13 6 22% Al]g 29 20% Jun 1 20% Mar 17 29 33% Jan 5 Dec 20 104% Nov 15 18% Dec 8 24% Jun 5 28% Nov 100' 10% Jan 13. 7% May 15 19% Dec 28 51 % Jun v60' Jan 27 68 9 66 6 ' July 12 • 4% July 13 8% Feb Dec 28 "May 25 6% May 5 23% Jan 2 17% May 16 13 May 52% Mar El 16% Afrr 20 28 "4 Apr 4 33% Feb 5 99% May 15 103% Jan 22 % Feb 12 7% Feb 23 . 2 6% May 18 19% Jan 64 16% Mar 16 18% May 9 2 2 24% Feb 13 % Mar 30 71% Feb 6 GO ' May 17 6% Mar 13 66 Mar 26 8% May 3 Co Natural 3438 6,700 15% 16% 10,200 9714 500 333A 34 15% 15% 15% .15% 100% 101 99 100% 96% 98% 96 97% 96 97 97% 51 '50 50% '49% 49% 48% 48% 49 49 4'< 4914 1,500 90 90% 883A 90 88% 893/4 893A 90 3A 88 90% 10,300 103% 103% 103 103 *102% 207 204 211 *198 90% 90% *103 4 *103 Ye 105 *203 par 105 207 *202 207 23% 23% 103% "199 20 r 23% 23% •22% *90 92 *90 28 28 *26% 13% 14 13% 13% pfd—50 .*50% 8 *10% 22% 97%- 98% ; 22% 23% •90 92 89% 90 *88 27 27 28 28 *27% 13% 13% 13% 99 95 96 Corp -30 300 13% 3,300 96% 28,500 953/8 96% 121% 120% 1203A *120% 120% 600 *99% 993A 99% 99% 99% 99% 400 *50% * 51'A *50% 51 ?'!10% 103A 10% 10% X20% ' *50% 1 20% lu*:8 95 51 *50% 51 10% *10% 10% 21% 21% 20% 21% 23 23% 23 % 23% 22% 23 »A 22 % 22'A 22 22 21% 21% 17% 17% 45% 46% 21%' 60 , 17% 10 17% 46% 457,, 100 nee ' 170 2 40% 40% 1 ig% 166 16% 17% 17% 45% 46'A 20% 20% 20% 900 21 22% 23 % 23% 23% 22%; 23% *21% 4 21% 213/4 21% 21 22 17% 17% 45 : 100 *90 2.50 common lot l 40% 40% 40% 40% 40% 16% 16% *16% 16% *16% 16% *16% Co.. 17% *89% 92 *89% 92 *90 92 *90 17 *17% 17% 17% 100% *98 17% *98 100 17 *98 101% 12% 12% 12% 12% 12% 12% 51% 50 50% 50 51 50 21 % 20 Vs 21% xl9% 20% 19% 20% *37 % 37% 37 37% *37 37% 2% 2 43% 43% 13% 13 'A *13 % 13% 26% 26 % 26% 26% *67 50 2 43% 74 44 13 13% 25% 72 *67 2 43% 26% *67 12% 2 *37 2 2 43% 44 13% 13% 25% 25% 4 72 *65% 50% 50% *50 67 44% 2 -13% 25% 72 * 51 50 50 50 50 26% 26% 26% 26% 26% 26% 27 18 18% 17% 18% 17"% 18% 18 18% 4,300 13% 13% 13% 13% 4,400 , *99% 100 20% 20% 20 'A 6% 6% 6% ; ;_i No par 1 ZTt rv>wr»__ Corp.—1 " 2,90 *99% 20%' *16% - * 20% 61/4 6% 22% " - 233a 13% 13 % 100 13% . - *62 7% 22 * - 33i .* , 13% 18'A 183s 28% - 100 2.600 28% 3,600 100 23% 20% ; 6'A 20 20 % 7% -20% 20% 6,000 6% 6% 6% 8,000 21% 22 " ,21% 22% 21% *66% 67 66% 67% *66% 67% 62 *60 . >20% 6% ■ . 67% ■ * 67% 64 7% 37 41 13% 18% 8.600 ' *58 60 60 60 *58 63 30 7 7 7 7 1,000 16% .16% *15% 16 900 13% .14 22% ' ""67% -6734 64 13% 41 ' *3% 100 20 % 6% 6T%" onr 100 . ' 22% „*G2 q - 13% 67% ' ; /__; Gv 13 2334 100 50 : 1,100 2,800 72 26% *99% Evans Products Co 13 % 25% 18% 51 99% j 13%. L5 *65'A- "26% 99% Williams Corp. 2,100 18% 100% Pittsburgh RR Co. 6,700 26% *50% 20% preferred series A_^ 300 2 44 2 43%: - coos,, RR common 38 18% 100 ; 6,800 5,300 *37 27 ' 8 50 / 2,000 2OV2 51 ig .29 ; 12% 50% 20% 26% ,.4 18 % preferred.— 3,800 ^5914 4 3 Equitable Gas Co Equitable Office Bldg__ 20 17% 50% 44%: 13% 700 101 12% . 37% 25% *65% . 5,700 92 17%, 12% 50 41% 16% *97 51% 21% 164 '39%. 17% 50% 2 2 164 101 37% *43 10 ; *97 166 12% *37% 15 166 21% 51' *21% 50 " 51 *12% par 4,100 24,800 90 34 90% 100% 17% 44% 40 ' 5 preferred 92 17% *98' 2 ... ' 17% 4 16% - 16% 43% 16% ' common 17% 45 J/8 40 a"4 168 *166 1,700 17% 166% 40% 170 3.600 18.400 44% 453/8 *166 28% Ex-CcP-O ■* 28 13% *120% 18% Exchange Buffet; 90 ■» 11,100 120% 21% 5 Gas Eversharp-Inc 200 22 3A ,99% 51 10% xl3% 22% *99% 99%" *10% 11 ,v 96 1033/4 .120% 122% 51 51 92 3,900 ,211 23 28% 14 92 4 '13% *200 23% 23% *90 *28 "103% , 34 2 8 3/8 Eureka 490 1.230 34% 18 10 34 16% 2,600 15% 28% 26 24. 34% 64V4 333A 18% 4% Feb page 11% 29 44% Jari see 62 Va 11% 18 2 For footnotes 62% 11% -11% 28% 7 10 63% 63 .11% 18% 39% Apt .3% Feb 4% Jan 63 63 29 % Mar 21 44 63 18% 13 6 63 64% 29 12% Jan 27 63 . 18% & 1.200 63 29% 5ft '63% 65 ig% Erie Shhret ■ 1534 *63 133/ Erie 15% 64 *29% 4ft : 65 Empire District Electric Co;.. .10 Endicott Johnson Corp common 25 1 " Jun 16 64 5 14% Dec '2% Nov *153/4 the Week $ per share 15% Electric Mfg Co.. Emerson Radio & Phonograph 8% July 13 33 45% Sales f01 " May 18 ; $ per share 34% common. 2 6 15% Friday May 17 share 15% Battery..—No 14% Jan 13 Thursday May 16 4 per 33% common Watch 28 Apr PRICES Wednesday $ per share _1 common 15% Dec 16 SALE 15% L.No par Steel 14 18%Apr HIGH May 15 1,300 34% 15 Emerson Pa so 13,200 15% preference—; 2 3 2 Jan 5ft 6 28% Mar 26% •. convertible 22% Jan Jan 20 Co 25% 26 1,600 34% preferred—No par Elec & Mus Ind Amer shares 5%% 26 3A 9% 26 xll% Convertible Elliott 25% 11% Elastic Stop Nut Co Electric Auto-Lite (The) Elgin National Apr 5,230 263/4 65 Inc Co Electric Storage 66 ' 934 11% preferred..-— 12 49% *1.300 16% 9% 64 preferred Products 23 23 34% 1*% 93/4 11% Manufacturing Co.. Feb 26 34% 1*% 67% common—._50c Eaton 16% Jan 46 343A 93/4 3,000 ..6 Edison Bros Stores Inc 5 343/4 16% 9% 6"% *50% 8 2 2% Mar 34% 16% 9% 6:4 No par 3 26 34% 1P% 67% . May 15 23 15 Kodak 13 41% Jan 2,300 *11% preferred 40% Jan Feb 13% Feb Eastman Boat 49 3a 10 9 Electric 43 12 common Eastern Stainless 2 493A 69 Corp 3 18 49% 10 2 75 21% Aug 54% May "23% Jan 49% *11% E Eastern 4%ft 49% 6% No par Airlines 4 % ft 2,000 *67% Eagle-Plcher Co 28 52% Apr 28% Jan 1951—---• 9 Duquesne Light Co 3.75ft DWG Cigar Corp.. Ekco 25% 65 *120% 13% Mar 29 25% 65 -99% 18% Apr 27 101% Mar 22 25% 67% 99% 26 25% 67 69 98% Feb 25% 67% 122% 8ft 800 25% 153/4 *29% 11 18% 65 -97% Jan 31% 18% 68 % *120% 48% Jan 31 18% 16% par 182 32 1878 16 series.'—_No par 20% Feb 6% *31% 183/4 68 *67% 64 31% 16% 69 22 *G0% 31 69 *16% 22 % 64 *18 Tuesday , $ per share share, S per ±_—_No par AND May 14 series..'— No Dec ' Aug 25 Monday May 12 ' " $3.50 44% Oct 48 ' / preferred./.*..—No 2 2 52% July 17 19% July 13 Saturday 4 22 *60% 63A 34% 1 ,25% LOW July Industries Eastern 900 50 348% 27 27 J STOCK Co 1% Jan 15 Ltd. „ issued" 28% Feb 26 2 50c Corp..: 18 3% Apr 4 25 Co... $4.50 2 6 3/4 25% Preferred 24% May 4 23% Apr 30 • 6% 25% Preferred 24% Jan 62 6% 2 *32 3 9 *60% 6% 18% Ltd 2 Oct 64 6% common....No par 19% Apr 35% May 3 35% Apr May 64 6% 23 , Sep *60% *60% 64 *60% RR Co.. 100 May 95 8 18% 22 Jan 43% May 19% Feb 95 18% 21% 106% Feb 16% May 10 19 18% 22% 102 % 90 Apr 19% 99 125 '* 29 18% —No par ■ 24% Dec 30 19% 22% convertible preferred 100 International %—No pftf' Du Pont de Nem "(E'fy D&'Co— %''' Common r4~— 8 7 13% Jun 19 22 Duplan Corp 98 15% Mar 30 19 22 % Dnnhill Feb 83 2 *67% 19 22 63% 100 3% ft 28% May 17 67"% 8 Co 2nd Dresser 120 11 * 22% *33'A West RR $4 preferred series A 12 12 i 3,700 14,900 Corp— Chemical 1,800 13% Aircraft "When 33% 32 called Mines Douglas Dow 11% Jan 31 51 % Dec 19% Jan xl3% May 16 13 53% May 95% May 52% Nov 9 101 % Jan Mar 22 Pob Dome 33'A 48% preferred Doeliler-Jarvis 9 16 127% Apr 22 106 Jun' 1 13 122% Jan 87 lno-v, Feb 34 12% ..LlNo par A 333/4 46% _1 Pepper 33% 6,300 13,500 13% A Dr. 19 34% 333A 9% 48 % common.' Class May 10 114% Jan 6 17% Jan <'54% Jan x69 % 60% 9 13% Corp Class May 10 14% Jan 11% July 25 69 % Jan 13 97 x70 Divco 54 59% 18% ""NEW YORK Dixie Cup 4 53% 60% 4t3/4 Par 13 May 9% 533/4 59% 13% EXCHANGE 16% Apr 70 % 9% 53% 60 34% STOCKS ' 9% 523/4 5,700 48 $ per share 15% Jan i 29 " 60 19% 13% 1 * ,'47% Oct 4' July 26 4 18% 47% Corp-Seagrams Highest per'share $ $ per share "f~*lper share *12% Jan Range Since Jan. 1 Lowest. Highest 193/4 50 98% 13% Diana *y Year 1950 *97 48'A Diamond T Motor Car Range for Previous Lowest * 98 % 92 13% 8 Distill 19 3,100 94% 47% 3 13 18% ' 14 Feb Feb *97 92 , 48 7/s Feb Stores 98% 32%. , 94% . 13% Raynolds class A— Diamofid "Match 16 20 *97 32% , 4,600 9% 32 Devoe Feb 95% 5,800 17% 59% 18% 1 36% Feo 94% *92% 400 37 52% 32% 29% Mar 54 32% *93% 95% 60% 18% 23% Jan 45% Jan 32% 94% 16 , 9% 60, 18% 29 34% Apr 32% 18% 32% % Dec 7 17 3A *15 53% 52 61 36% 13 48% Detroit Steel Corp De Vilbiss Co 21 60% 36% 17% 94% 19 9% 54% *54 60% 15% 36% 32 99% 18 3A 93/8, 9% 9% ' 54 60% *97 19% 19% 19% : 9% 99% •97 15% 18 *92% . 18'A 9 Dec 95% B 2 19% Mar Dec 95 *92% 1 38 % Feo 49 *93% 95% *6% 32% 16% Jan 8 32% 94% *92% 153/4 36% 17% 13% & S W 30 35% Mar 32% *93% 99% 54 J & 33% X32%, 94% 15% 363/g . 48% Detroit-Michigan Stove Co..— 17 16 17"% 2n 22 4 37% 17% 13% preferred 27% Nov July 13 36% 18% 48% (The). 32% Nov 13 % 15% 36% 17% 50 Edison. 12% Jun Apr 153/4 36% . 100 common. 21 % Mar 13 29 16 Light Co ...13.50 & Detroit Hillsdale 2 Jan *15% 34% Rio Grande Derby Oil Co 9 23% Feb Power & 16% *33% Western & 29 Denver 94% *15% 20 Hudson & Delaware Lack *93% 16% 34% preferred- Delaware 94% *15% 1 33% 19'A 1 *93% 16% 96 *97 No par 31 % 94% *15 Va 16%' S4% 50c Corp 31% *93% 16% 16 33 % *£4% 50c 31%. 94% *15% ' 36% 18' 100 Co. 24% Jun 42% Jun 2 C & Co common 7% 23% Mar 27 series 31% *93% 16% *15% 36% B—100 series 3.90ft 20 37 34% July 13 29% Jan 3 •' 10 Power & Light common_«_7 series Al „100 30 Dec 4 _1 — Preferred 3.75 ft 7 Jan 10 20 (The) —— 100% Feb 41% Dec •\ 59% preferred Corp convertible Inc . 7% 7% 7 ; 7% * 16% 13% 41 17 13% - "41.,' *3% 3% 16% 16% 13% 13% 41 41 *3% 3% 16% 16% 13% 41' *3% . 14 , . 41 t 3% , 40% 41% *3% 3% 13% 13a4 40 -*3% ; 40.. 3% 42,000 700 5,600 1,600 Volume 173 Number 5013 . . I4 i«S The Commercial and Financial Chronicle . 17 (2101) NEW YORK STOCK RECORD Ranee for Previous STOCKS -Year 1950 ' • Lowest per share < Range Since Jan. I Highest * Lowest $ per share - J per NEW - Highest share YORK LOW STOCK EXCHANGE Saturday '-!••*.• $ per share •' '.. Par, f HIGH SALE Tuesday May It 8 per share ' AND Monday May I'i PRICES V\«unefcriuy May 15 t per share Thursday Friday Sales f®r May 17 May 18 the Week $ per share * per share May J6 t per share . % per share •, Sharea F 37 ¥4 Mar 10 487* Oct 18 46% Jan: ' " 22% July 3 12% Dec • 5 13 , 26 July 26 15% Jan Apr 17% Jun .. 3 7 2 . > 53 Nov 25 * 16'/a July •, 28 25 % Oct 23 4% Feb 103 Jan 10 3 14 . 8 % Dec 49 % Dec 3 28 106% May 25 July 24 137* Jan 12 23% Oct 83% Feb 52% Jan .» 105 Feb 13 86%.Dec 15 108 July 17 , 65 .. 89 10% July 13 101 i 29 20 -25 Aug 10 108 1 100 6 101 . 84 2 Jan Apr 27 2 17 Vs. Jan 2 22% Mar 23 21% Jan 17 5 15 % Sep 28 3 20% Oct 23 3 23% Sep 22 24% Mar 30 37 Nov 18 94% July 17 98% Dec 7 94% July 21 27% July 12 9% Jan 3 101 Feb 78 Mar Mar 17 9 93 % Apr 6 102 Jan 40 % Mar 13 47% Jan 18 19% Apr 5 4 Nov 25 4 19% Feb 3 16 32% Nov 20 25% Mar 5 30% Jan' 87 % Nov 29 85 9 95 Mar 13 « Jan • 88 Feb Feb 3 10% Oct 25 29 13 Dec 30 1174 Mar 29 30 19 1474 May Dec 29 19 2074 Jan 6 97a Nov 2 40 % Nov 10 36% Jan ' 20 74 Apr 25 18% Feb 217 a 21 22 20 18 31 Jan 10 2374 Jan 25 2074 Jan 2 26 31 10% Jan 163 Feb 8 6% Mar 29 1074 Dec G374 Mar 31 25 Jun 4174 Jan 9 34 29 Jan Jan 12 5 162 Dec 21 11 15% Jan 9 5074 Jun 12 13 111 Jan 44% Aug 3 -99% Apr 6 8 74 - 5174 Apr 517a Apr 20 124% Jun -1374 Apr 61% Dec 13 21 29 12974 Mar 105 74 July 28 1197a Sep Baking Co • $8 26 - 1st 8 Apr 7% S per 4874 Jan 18 Jan 11% Mar 65% Jan 46 .Jan 15 23 74 Apr 11 18% Jan July 26 Jan3 35% Jan 6 22*% Jun ' 3074 May 101% Jun ^ 22 Jan 101 Jan 10 4 1974 Jan 77% Jan 23 ■' 68 Jan 13 1 24 74 Dec 90 Jan 1374 Apr 80 •16 Jan 101 % Apr 24 105 34 Aug 22 3D 25 90% Sep 17% Dec 90 6 Jan Apr Jan 1774 Jan 29 > July 17 2 4 2274 Feb Jan 874 Apr 24 120 Jan 30 1974 Apr 3 8 65% Jan 2 4374 Jan 13 6634 Dec 30 13 10874 Jun 20 27 15 Dec 28 Feb 24 4574 Dec 3 Oct 774 Jun 29 10 Apr 18 ! 31 8 Jan 3 29 32% May 18 18 ij-'/t Jan 2 15% Jan 5774 Feb 152 78 45% Mar 13 4 23 74 Dec Apr 17 Dec 1 5 75 7 Dec 20% 22 : 10% Jan 2 12% Jan Jan 9 102% Mar b 1,200 3,300 24 5,800 *10474 105% *10474 105% 104 % 105 % *104% 10474 *52 7a 53% 50% 5174 51% 51% *1174 ^5 *36 11% 11% *160 162 * 52% 52 1174 *160' • 177/2 17% 974 9% 9% 974 "" - 7% 1174 "160 1774 77 , '35% 11% 162 1 774 *17 17% 16% 974 974 974 78 77 76% 7674 *7674 78 31% *30% 31% 3074 30% *30% 30% 1674 1674 16% 16% 16% 1674 16% 16% 6% Jan 49 Jun *59% Jan ; 1874 Jun 3 3 30 25 30 10% Jan 1174 July 11 *120 120 120 121 55% 5574 67/2 674 6% 44% 4474 44% *95%. 55 , 120 55%. 5474 28 21% Jan 10 Dec 12 6274 Mar 28 66 83 24 , Nov 74 Jan 81 >/, Jan 27 11 2074 May 15 13 . , 2874 Teb 6874 Feb, 9274 May 23% Jan 100% Mar 30 For footnotes see page 2f. 104 104% May 110 ^Feb 7 2 17 Feb,14 14 - 78 76% 7674 30 ¥» 30% 30 ¥. 30 ¥. 300 16 ¥4 16 ¥2 16 ¥r 16 ¥4 1,900 120 ¥2 120% 12074 4374 44% 43% 43 3A 44 9,200 9574 95% 95% 95% *947'2 9674 .,200 974 5974 974 974 974 974 9% 1,800 59% 12274 59% 51% / t 99%., 36%. 36%. 187/s 13%, 18% 374 18% * ■' . • • 25, 87V. *%: 3374/ 35.74 /,/. 8% . *122 874, „3374,s ,.,33 74 a .,•33% o^4,7^6% 163% *101 *85 23 2334 , 22 74 95 1874 1974 *8974 91% *83% 9174 ♦8974 92% *8974 91 ¥2 21 20% 2174 2074 21 2074 36% 34 74 36% 35% 35% 36 74 37 35 ¥4 61 ¥2 60 61% 59% 59% 6074 60 ¥4 58% 874 874 9 *1247-2 127 21 21 37 36% 62 61 % 974 8% 854 *124 ¥2 127 9 127 *124 74 23 Va 23 2374 2274 2174 23 5074 52 74 103 74 75% 13% Ore 774 77 ¥4 ■ ,13 74 dividend preferred dividend preferred 16,500 52 81 80% *106 82% 1374 13¥8 13% 13 ¥4 1374 48 48 46 ¥4 467. 700 3% 374 24,100 73A 774 1,200 374 374 374 374 374 3% 7% 774 774 774 774 774 7% 35 ¥4 f • *35% 36 35% 2674 25% 26 2574 26 2474 29 74 2974 2974 30 29 2974 *95 ¥2 ♦95 ¥2 96 ¥2 96% 96% 377« 35 ¥2 35 >A 36 ¥4 96 ¥4 *9574 96 1474 .14 14 ¥a 1374 14 1374 34 ' *33 ¥4 34 34 *3274 96 » ♦33 ¥4 74 1374 1374 32% 33 ¥4. • 14% 14 ¥4 1474 1474 14% 14% 53 ¥2 51 53 ¥4 51 ¥2 52% 1974 19 ¥2 1474 14% 52 >1974 19% 19% 3774 2774 *27 ¥4 144 144 ¥2- 14474 76 *73 76 19 ¥2 14474' 144 144%- 1974 - . *73 76 *73 X51 1974 144 74 143% . *73 76 . 1474 143 V2 27 27 ¥4 11% 11¥+ 1174 1174 9874. 98%, ♦98 ¥2 99% ' 2274 23 ¥4 { 11 ¥4- 2274 1174 99 ¥2 2274 13 74 ■, 63% ^ 897V '•—2674 26% 63%- 91%.' ^ 2074 , 10274 *10474 106 » 87'* 2074 21% *10174 * ,.-^64 . *10174 8974 207V 10274 *10474. 106 12% 12% 1274 .27 64 74 2274 .-2374 - 1274 1274 2574 13 ¥4 13 1374 26% . - 2674 25% 26%.. 64 6574 65 ¥♦ 657V 84 \ 8774 X837V -I 2174 20% 20% 2074 *10174 10274 ♦10274 102 ¥2 ♦10474 106 10474 10474 2674 65¥«~ 66 * { v „ X2074' ,110074. 1,800." , 26,100 260 99 22 2274 13,000 12% 9,300 - '• 12% - < 7 ; . >, 19,500 26 TV 8674:' 2074 2,000 65741 8474 ; 21% 2574 6474 : 86 10274 % 27 1174- 98 ¥2 ■ • X10474- 1047V 3,600 27 12% 25% 85 150 14374 11% ; • 85 ¥4 4,400 38 2674 j- 28,400 76 37% 2674 • 3,200 - 197. *73 ¥2 27% ,..*98.74 . 76 26% ll3/a 14%- ,14 TVSI ¥« 144" 28 99.,. 2374 160 1974 - 3774 2274 10 3,600 19% 37 ¥2 11% * 13 ¥2 3274 4974 375/# 99 ... -- - 3774 1174.. 3,500 9774 74 5174 3774 93 t 9.500 1374 37 ¥2 - 500 s 32% 4 38'A, 2274 11%. 93 '2274 *96 13% 34 5274 277'a > 1,000 3574 2574 30 ¥4 No par - 500 50 % *48 3 ¥2 - No par. 22,900 106% 10674 26 *36 74 3874 ' 100 81 ¥2' 78 ¥2 107 2974 3874 100 100 6,500 5374 102% 2174 53'/. 103 74 107 1374 13 ¥2 22 ¥2 J 10274 2274 52% *10274 26% *73 common_ $4.20 1,000 29% 1974 1 8.400 4,400 26 ¥4 *144 3 $4.40 77% *106 50 74 *48 2174 22% 52% .; 2,200 127 *124 ¥2 103 ¥4 -1474 * : 874 2974 1 25 2074 58 ¥2" 2674 3774 *3374" ■ , —100- /. v 400 11,300 3674 ' x83A 52% 51 *10274 10574 50 74 334 8! 1374 100 Corp— S3 preferred —J 20 % 21 5,700 29% *95 Prop—No par 1 Aircraft , 29 2674 2—100 ,1 Bay 3c Western RR (H L) Co Inc ; 23% con? No par 7574 10574 1374 *13 ¥2 *48 374 374 5 2 13 74 49 *774 *36% 12.50„ $2.25 conv preferred 7674 105 ¥2 105 ¥2 ' 49 .10 1 common 106 76 76 *105% 1 127 28% ' *102% 5 ' 90 9,600 95 5374 P_ 5,800 23 1974 103 34 M S 3c 22 % 28% , 95 52 74 4 *23 1974 90% 23 74 No par 4674 >90 *85 ■90 2874 *102% Inc 1,900 *90 ¥2 : 92 *9474 91% *124 ¥2 3,300 , 104 *45 74 /. 90% 19 ¥2 28 34 55% Batteries 22% 23 74 48 94% 3674 , *85 •90 *102 104 2874 *89% 127 90% 19 ¥s 19 *2074 • X4774 94% *94 1974 *89 No par *102 103% 28 ¥2 9474 19% *124 180 35% 19 ¥2 2 8 74 94% 9 1,100 28% 35 2274 10374 ;_No par 28% 3574 23 74 537* com 2874 / *85 • 2,000 «- *' 35 28% 28 74 19% 974 33 10,500 115% 95 2874 96% 19% *9 90 f 3474. 115% 3574 *101 103 ¥2 1,500 8 ¥4 2874 47 *85 3274 7 19,100 2474 8 ¥4 ■; 5,100 , 124» 28% 90% : 33 34. , is %•; 18 23% 1X6 3,200 37 V, 35 7A 45 ¥2 9674 *60 33 - *122 874,; " 9,200 18%, 177a 3 ¥4 1*40 0 37 ¥4., 36Vb 28% 90% 90 t. *35% 46 *85/ ¥4. *115% 9 2 74 , . 125 34 34* 116 92 74 2874 ' : 8 8%, 33 7V. *33 ¥2 *11574 , 24% *122 45% 90 / 2374 . „ ,'2374 1 33 34 ¥2 *101 1874. 18 ¥2 24% 93 93 2.300 ■ 45 %Y f46% , 1,000 19 374* r 187.,, 24 ¥2 ' 9574 ' ..'9974 18741 : 18 ¥i, 47%" 77y * 93 - 3674 125 Shares 123,100 r 124 74 99 3A *3 ¥4, 8 ¥4. 36 . 9974, 18% 374* 51 124% .. 719%,- > the Week S per share 50 51 3674, 1874: 4 28% " ! 124 ¥4,' 1874* ♦24 33% 3574 sg 50 3674 11574 28% 103% 4 46% $ per share 123 Sales for s May 18 1874 3 ¥4.,,, 8%. 2 ' 3674 *101 * 5074 Friday • 99%, *122 36 2074 Thursday 19 34 116 116 260 9974, 115 LU 1,300 120 *115 121% 18 74. 125 8%. 35,Yh 58% 12274 36 74. 3%, 24*4, 2474, 125 5874 12274 j May 17 share 997% 18% 18 25 ;• *122 vr xl9 1874 3%,/ 1874 *25 ; 125 3174 :v 18 1874, *24 74- *122 37». 3% 5874 123% *115 12274., 12274-, 99%,. 1874/ 374 * S 4974 50 % 123%,.. 36%. 1874 121% May 16 19 %v 1974367436%. 36% - 4 , „ 1974. 19 2,200 58% Wednesday-— per share 123 1974 19 34,000 6 74 AND; HIGH SALE PRICES x49 74 52 54%, 122 ¥2 123 *115 121% , 59% 122% Tuesday-. May 1") 99%, 100 100, *9974 123 *115 124 11123 58% 12284 May 14 - 974 58% 123 Monday*.: 51%, 210 4474 ,,.4474 96% 45 60*. 124; 121 674 974 50% 121 400 53 ¥. *9574 124 * 6% 4474 *10274 Gulf States Utilities Co com^No par • *76 ¥4 54¥« 974 V 50 1 Steel. Golf Oil Corp 7 5,700 *6 ¥4 *58% 10 ,.$%%*pfef«Tred V 974 5374 common__No par Guantanamo Sugar 5 1,900 974 974 674 9674 J iGUlf Mobile 3c Ohio RR com_No pgr' 13 1674 54% 974 t per share• 20 16 34 674 *95% 121% 2,600 17 , 53% 9% *116 4,300 1174 162 74 No par (W T) Co Common 6 *122 74 1 23% *116 ,121% No par 2.50 Co.(The), City 55 674 6% 96 74, t per share 5 ♦120 121 *974 No par Motors Consol Grumman 1374 May 10 25 .2474 Dec 1174 *l60¥a 974 *3074 51% 162 1674 974 12.500 10474 51% 11 ¥4 *160 17 *104% 52 11 160 • 104% 5174- 1174 160 ' -12% Jan 11% 162 774 , *104 ¥2 *7674 - Ry 6% i 774 v 900 3,900 2374 ^5 "Tap & Die Corp Greyhound Corp (The)— • 6 .27% Jan 2174 Mar 29 7% 700 1974. 24 100 100 _1 Green field 9 97 1974 2374 Green 18 19% 24 Green 11 1974 2374 16 28 1974 500 21 ¥4 24% 22 Jan 1974 ■ 24 30 1174 Jan 21 ¥1 24% J an 29% Dec 2174 24% No par : Iron • 4 24% ' 20 A preferred Gt Northern S 20 7 ;24% Jan 2974 May 6 21% 774 pfd—No par Great Western Sugar com_ No par 7% preferred100 .-4 19 ¥s 21 774 8,200 37 1374 20 7% 874 37 1974 28% 10c common Gt Northern - 8 ¥4 37%, *1874 36% 82 Mar 28 Feb 2 8% 74 *37 18% 2174 1974 774 7% 8 8% 37 7% '43% Jan 3774 May 18 28 *21 87 a 37 '1874 1,800 21,800 ,100 2774 154 143% May 17 Aug- 30 100 774 8% 874 1374 1974 *34% 5* Co— 374% preferred Grayson-Robinson Stores I 14 6 9% July 17 1 12 4774 Mar 28 2 8% 874 13% *19¥. • 27% No par Hosiery Union Grant 5 29 3 1974 37 '_1 common. (B F) Goum-Nationai 14 Feb 22% Jan 8% 1374 *19¥a 450 27% 10c ' preferred— Grand 28 Jan 20 $5 14 18% Feb Mar 28 874 13% 19% 6,300 36 No par preferred-i Granite Feb Oct 3574 Aug : 95 $5 43 % Mar 17 10374 Feb 19 874 1374 2774 87 36 preference—No par Gotham 1374 May 17 7 ' 100 2774 28 Stock Telegraph Co—100 3c Goodrich Co 2 Apr Mar. 8s/4 *19 74 1974 1.000 3,000 1474 87 X1374 874 14 19% 10%' 85 *1474 36 No pax, Goodall-Sanford Inc, 2 13 16 137% Jan Jan Gold 19 50% Dec 22 87 1374 8% 8% 38 May 12 Brewing Co 28% Mar 16 25 2774 87 V 14ya 27% 1 Goodyear Tire 3c Rub "'31% 27% 8 6 74 *1474 28 No par,. convertible Goebel 1 37 17 65 474% 31 38 18% Apr i > Saturday com 17'A Feb 4 2774 86 74 1974 LOW 82% May 17 Feb 1 8 4 24 2674 1474 ' — (The) Granby Apr 28 1074 8474 87 8% 9 1074 85 1474 35 preferred__100 Harvester Corp Glldden Co Graham-Paige 27% Apr Jun 20%- _1 $4.50 preferred-— Gleaner 9 28 '33 9 14 *19% 1074 84 *14% 27%' Safety Razor common—^.1 1074 Jan 28 I 12 27% 86% 1474 2874 100 Brothers 7 Ar»r 8474 1074 85% 160 2,500 3,900 38% 100 convertible 5 n4 1074 84 10% 85 *1474 • 2874 No par 100,/ Plywood 19 31% Sep 10334 Nov 27 22% 88% No par preferred—'! Feb 37% Feb 17% Feb 28 43 22 74 28% 8 74 _No par Telephone Corp__/ 4% Feb 4 2 96% 42 2274 2974 Castings $6 pfd—No par 6 3 • 96% 43% 2274 x88 74 7% 50 Corp 274 Jan 24 Mar 58% May 50 45 774 May 32% Apr 11% July 13 Mar 2474 Feb Mar 14 30 96 4174 37% Corp preferred $5 109 28 3 96 42 23 1074' *29 100 preferred 'Gimbel May 10374 Feb 105% May 14 1374 May 17 174 Jan Dec 140 10 101% Jan 103 74 Jan 9 5% 2274, x28 974 1,700 *36 . No par Refractories Gillette Mar 20 9% Jan 3 42% Jan 100 87% 4,200 450 95 74 88% 1974 98 42 2874 1 Equip Corp_„No par Signal 'Georgia-Pac 9 61% May 14 30 July" 26 21% Dec 1074 8574 1474 *97 95% 15 *9 1 374% 16 38 105 *1074 . 98 % 42% *14% No par 4% % 13 2 19 Jan 30% Feb *97 23% 23% 'General Tire 3c Rubber Co com:—-5 14 18% Jan Oct 25% July Apr 2774 Jan 134 29 26 3 55 9874 300 * j 2074 41 % , 1474 No par Realty 3c Utilities Steel 474% >; : 16 11 106% July 20 f Jan 100 *97 4,600) 1474 22% 5 General Time Corp common 30 2 36 30 94% Jan Feb 10 74 Jun Jan 24 12 6 General General 2 92 10 ■ 5 27 13% Mar 24 24 1 preferred 18 2474 Feb 774 Jun %~Dec 96% 16 6% Jan 2 23 xlOl •* 51% May 19 Gen Railway ^General 11 Oct 6,400 96 2074 General Public Utilities Corp • 5 13 11 59 38 74 96 20 74 Portland Cement Co Feb 29% May 18% Apr 89% Apr 16 37%. 96 88% ._No par Precision •Gen 94% Jan 5274 Aug 38% 9574 * Advertising •General Shoe 24% Jan 3174 May Outdoor 17 7 29 37% 96 * General Public Service. 26 22 8 3774 95 74 95%. 42% 2374 5 preferred •General ;Gen 9 24% Jan 10' Gen 10 Jun 100 120 3674 96 21T4- Preferred $3.75 series - 23 2174 Sep 9174 Dec 26% Dec 7 4 19 74 3774 *21% STOCK ' YORK 29 Jan 39 22% July 12 ■ J 39% Jan 119 2 2 99 ' 874 Jan 37% Jan May 15 26 17 $5 17 Jan 29 98% 2174 General Motors Corp common 3 12 Jan Oct 20% ' Par 2 Jan 35 3474 Dec 207a 2274 - *2274 42% EXCHANGE 9%. Jan 32% Mar 15 24 20% "21% Corp 75% preferred 374% convertible NEW 19% Mar 9 2774 Jan 17 27 107 7 Feb 130 4 3074 May 11 3 >' 4 4174 Nov . 25 95% 4274 " 2 112% Jan 2074 " General Mills commop ' 54 6 4074 Jan 34 4 2074 ' • 10 21% Jan x8 % Mar 14 18 May 2074 No par Co $3.50 preferred Instrument 3 21% Feb 3 Apr 217a *95% 24%" ' • 8 10574 Jan 2 2 122 28 3974 Dec ■54 May 126% Jan 23% May 18 22 128 24% July 27 ' 20 3374 Dec 2 2 16% Jan 19 Dec 8% Dec 30 95% 1474" 22% 1874 $ per share 3 % Jan 20 2674 Oct 27 96 15 22% 37% 38% 95% 15 22% 98% 98% 37% 1474, 37% common— -General 8 ' 1774 May 18 26 74 Mar 23 1874 Feb July 13 98% 227V 1474, 22 % 20% 20% 1074 50 800 4,500 22 V2 * 12274 May 16 98% Mar 30 106 74 Nov 127 20% *95% „ 18%„ 15 * 1874 :General Foods Corp com— 2 Highest share 6 7 2274. STOCKS July 13 Sep 22% 20% " 26,100 2674- 23 1474 100 Finance 105 Lowest 26 •- 22% *,26 . 2274 37 preferred Electric Feb 15 14% July 13 17% July 3 2274. *1474 2674 * General Feb 102% Jan 119 74 22% 15%, 23 19% 2nd preferred Cigar Co Inc comj General 120 7 4 2274* 38 Corp 5 128 5 38 18 74 1 No par 9 Range Since Jan. 1 2174 Dec 187a-; 20 % *19% 29 TV 1,700. noo'v .100% 1874, 2274 *'14% 2774. u 1874* 2474 \ 30% 10074 *26 180 300 1374 1774. *1874 Transportation 6% Feb 17 28%,. 100% 3,606 78%, . 13%. 18 *98% '• 1374.,' 18 19% conv General 20 13% v *7774 . 1874, *1474 87 7774 26%. 8 74 3874 Corp com preferred 4% 77%* 3,700 93 10574 , 26% 15% , 105% 3,200. 6974 90 74 ; , 1,400 2174,, 6874 94' 430 1674; . 21 105 3,100 104 1574.; , 2,500 497V. 49 18%. 74, 600 3,000 674. 2674,, 23% 10% 6074 3074 2274,, 2274 87 3,500 104 < 68 105 30 22%.. 26% *1874 preferred 4% 7 67%, 92% 2874 2,500 6074. 16, 21'V 2174 100% 10074 1474- 2274 4974 104 16.. 14" 700 1474. . " 49 92 . 1,900 14% . 27%. *38 Inc com 6% 21% 3,200 2274/ . 30% 6% t *14 ; 100 Amer 26 19 5474 Oct > 18 29% 3074., *100%. 101% 101% ; 30% 674 . 104 13%. * 60% 3074 6? %« 91% , : Cable Mar 13 $ per share 11 *2674 14> 2 Industries General Apr 12774 Mar 2% Sep 31 *100'/a 4274 5 common (The)_ 56% Mar 55% Mar 15 Highest 12% July 12 30% ; 27%,. *95% common—__1 Co— Bronze 113 15 ■ 30% 1374, 14 i - , 105%, 10574;. *78. 78'V 787V 23 ' preferred— 50 (The)———No par General 122 15 a 14- 78%, < 16 67 917V 10574 1474 6074, 674 49% 217V, 5074 2274 (■ 2274 104 16 697V 917 V v 79% 96 1 General 4 3 4374 Dec i *78 ,4974 217V *10574 ■ 49 22% 14% 14% 30% * 51% , 1474 t- 6074 74 10374 16% 68%, . 3874 ' . 20 General 6 May 18 122% Jun 1 93 4974 2174, 105%, 98% 100 $4.50 preferred Apr 125 4 Year 1950 I per share *92 - 105% 33 il (Robert) Corp Range for Previous Lowest 6974.. *95% 4%% convertible preferred 50 Gaylord Container Corp 1.66% General American Investors com_il 26 34% Feb 18 -9% Apr j convertible Gar Wood • 17% Jan 4374 May 16 95% May 16 6 (1037a Dec 29 July 12 22%. 101% " 23 100 Corp • , , 23 674 103 , 16.74 ' 30 674 Jan 4974 103 16% 69% 14 *14% * 15 (The) Inc 11% Feb 2 49% Jan 16% 22% 18%. lo Gamble-Skogmo Inc Garrett • Mar 103% 227V, ' lu preferred 5% • 80 49% 103 787a ' *26%., 100 _■ 19% Mar 19 29 % Mar 28 18% Jan 138 % Jan 15 9 Feb 5874 Feb — .1474 j 227a , " 107% Mar 2 16% May 16 874 Apr 2 % 72%Jan 2 21 75 July 13 Dec 149 Co Co 6% 874 May Apr 4 50% May 15 Jan 24% Nov 22 Gair " 39% May 3074 May 105 12 12 Gabriel 9 13 Feb 25 ' *100% " No par Gardner-Denver 5574 Dec July 13 preferred 2374 Feb 22 107 74 July 14 4% -23% Jan 29 '51 Co... Stores 3 29 49 94% " 30% Co__ lo Froedtert Grain & Malting Co Inc_l Fruehauf Trailer Co common _1 Gamewell Co Dec 13 9% Feb 40 of ser Corp Sugar 21% Jan 1974 May 18 6 74 Jan 12 25% Dec July 3 9% July 13 104 Jan : 2 28 30 674 106% *1374. Freeport Sulphur 10% Mar 21 4 24 74 Nov 45 / 14 774 Jan 33 74 Dec 29 17% July 13 1017a Dec 4 13% Jan 3 2 Nov 7 '<■ 146 Jan Jan 237a Dec July 13 1774 Jun 8 Pid preferredpreferred— 1 Franklin 14 Feb 30% 74 6974/ 78% ; l 1474 6074 . 6 22% 94%. par, Inc.— cum Foster-Wheeler 2 16 2 60 V3 30 * convertible Francisco 3 78 14 % Jan 60% 6% ' div '3%% 2 7 81 62 30% 674 51% 2274,, 2274 30% 1674 10674. 7% Light Co—_No Machinery 3c Chem Corp 3%% 24% May 11 13% Feb 9 374 July 13 - $4.20 *60 ,1474 2274 2274 104 69%. —-5 Corp_ Fair Stores Food 29 27 " par 5174 227a. *14 ; . 1474 23% 50 *16 74 No par &' 14% " 1—No 51% 14 674 " 15 July 25 16% July 24 17% July 12 15% Jan 3 i ' 41% May 3 101% Feb 8 12% Oct 32 • Food 1474 2274 62 *103%. 100 preferred— 23 14 30% , 67V Florsheim Shoe Class -A—No par Follansbee Steel Corp — 10 27 2 Apr *60 '30% No par Co 52 14%- 14% 23% ■22% Carpet Florida .Power % Apr 8% Jan 674 Apr 23% (The) common—No par Florida.Power 6 7% Jun . $4 13 10% May 11 (The) 51% *22% 2374 4 - N Y____10 *14 14% 49% /.5 Florence Stove Co__ 12 1674 Jun , Firth Flintkote Co 7 Jan Co preferred 1 25% Feb Mar 22 94 8 4%% 20 2374 Jan 100 Feb Mfg First National Stores 16 2874 Mar 21 24- Tarrant 52 23 1474 14% Firestone. Tire 3i Rubber com——25 18," 46% Dec July 14 13% Dec Feh 21% Dec 8% July 12 56 Dec 33 Apr 106% Feb 19% Mar 30 94 * X18% Mar 14% May 18 18% Jan 2 •• * V 1474 Apr 13 32% Mar 21 2 23 % Jan Jan 3c 52 2374 , Ferro Enamel Corp 107% Mar 17 12 20% Mar 17 Apr 11% Jan 4 52 2374- f _No pat Fidelity Phoenix Fire Ins 277* Feb 20 52. '*14: * Federated Dept Stores common——5 474 % preferred——— —100 78 July 13 14% Jan " ' Truck— Felt July 17 2. .- Motor " Apr 26 23% May 9 11%. Jan . 5 18 May 17 75% Apr Jan Federal 31 Jan - 81% Jan _ 9 33% May 3 65 14. 106 2 105 May 54 % Feb Mar 29 17% Jan • 17% July 13 v 8 v 2 16 . . 20 Brewing Corp—— __^i Family Finance Corp__ _1 " Fedders-Quigan Corp— H Federal Mining 3c Smelting Co 2 -Federal-Mogul Corp I 5. *62% May. 9 30% May 12 "8% Feb, 2 6 19 13 .—No par Fajardo Sugar Co_ Falstaff 29% Mar 27 11 13% Jan . ft; Nov 14" 4 Jan 22% July 26 103 Oct 13 r 2 15% Mar 2 6% Apr 19 July 13 50% Jan 23% Jan' >-47% Jan' 52 ; 9 , 22% May 11 . 28 16% July 13 . Fairbanks Morse <fe Cov- 4 17% Feb -19 . 33% July 17 . 27 13% Jan 26% Dec , .5474 May 26% Feb J 13% Apr . 35% Mar 11 . 2 22% May 16 8 22 % Jan ?n.3/v *101 . 30.200 10.200 102 ¥2 *103¥V 105 . Y , "TO NEW YORK STOCK RECORD Lowest Highest 9 per share , NEW YORK Ranre Since Jan. 1 Year mO Lowest $ per f per share Highest share /Monday" Saturday May 12 STOCK EXCHANGE - SALE LOW AND HIGH STOCKS Range for Previous Par 25 $ per share 8 per 31 t per share * Thursday May 17 t per share •""• May 18 $ per share $ per share share PRICES Wednesday' May 16 ^'"'- Tuesday May 1.5 . May J4 $ per share Friday"* 'Sales for the Week Sharet H 30'A Dec 46% Feb 13% July 25 11% Jun 15 Jan Jun 30 5% Jan 33 19 10 81 28% Mar 14 148 Jan Jan 5 6% Jan 2 8 76% Jan 8 82 6% Mar 13 23% May 15 8 41 107 Jun July 21 122% Aug *34 29 3 1 64% Mar 15 Mar 10 121 127% Mar 13 2 48 July 25 Jun 62% Aug 23 56 Feb 8 15% July 14 10% Jun 27 22% Feb 18 52% Apr 20% Jail 18% Jan 19% Dec 26 68% July 24 80 Jan 78 6 15 Feb 44% Mar 12 3 27% May 4 No par common—-No par Hercules ^ 5% preferred.:— 100 Hershey Chocolate* common__No par 4%% preferred series A —50 Powder — Inc Hewitt-Robins 2 86% Jan 10 25 common Hercules* Motors 25% May 15 13 preferred— (G- W) > Mar 29 54 Co common— 7%" non-cum preferred 127% Mar 15 24 Jan Helme ♦ 24 79 (H J) ' 31 *14% 29%. 11 11 11% 11% 11% 11% 7% 7% 7% 7% 7% 7% 7% 25 ' 1,700 6% *76% 78 2,500 149 6% 11% *76% 130 30% 24% 6% 78 7% 80 107%- 25% *6% 78 900 78 20 10% 7 1,400 73% 10% 9,200 23% 24. 23% 23% 23% 24 23% 233/4 3,200 34% 34% 34% 34 »/4 34% 34% 34 V* 34% *34% 343/4 700 *90% 93% *90% 93% *90% 93% *90% 93% *90% 93% 10 35% 36% 35% 35% *35% 36 *35 353/4 100 23% 23 y4 35 35 *99 100% 24 100% *99 100% *99 24% *99 j 100% 23% 100 *99 24% 24% 23% 24 % 23% 233% *37% 38% *37% 38% *37% 38% *37 38 37 37 20% 19% 19% *19% 20% 19% 19% 1,700 73% .•123":/ 123 42 42% 70% 71% 71% 72% 70% -72% 5,100 20 73 74 123 20 20% 123 72 . . , * 42% 42% 53% 53% *52% 25% 23% 83% 23% '*122% 123% 42% 42% 122 y4 . * 42% 53% 52% 523/4 25 24% 24% 24 x23'/4 23% 23% 23% 84 x82 82 82 82 14% 14% xl4% 14% 21% 20% 20% 3,800 170 130 . 41, 3,100 53% *52% 24% ' '*82 123 40% ; 243/4 25% 21 82 *122 123 42 *52% 53% 24% 24% 82 * 23% 23% 25% 25% s 25 6% 79 25 *83 *145 *145 25 79 22% —5 — Heyden Chemical Corp common—1 Zlh% preferred series A_, 100 149 149 30% 11% 7% 300 107% 30% 25 *6% 14% 80 *145 6% 1,700 *106 149 25% 7,300 17% 14% 30 6% 36% 17% 79% 30 25 35% 14% *106 500 31 <30% , 79 , 81 107% 30 *145 6% *106 79% *79 92 92 *35 35% *99 100% 24% 24% *37% 38% *19% 20% 72% 73 122 122 *42 42% *52% 53% 100 25 100 preferred 3.65% 1 23% Feb 4 24 35 common— • 14% *79% 81 107% 29% 25% 6% *14% 14% 80% *106 149 25% *23% *34 % Heinz 5 *106 ; 14% . 81% 107% *145 _5 31 Feb 40% Feb Apr 25 39% Jan 1 27 *81 25% 15 33A% 14% *14% 6% 79% 11% Co 17% 149 25% 6% *79 *11% 7% * 26 106% Jan May 11 23% May 17 36% Apr 6 18 % Jan 2 33% Mar 16 44 8 8 37% Jan 2 100 20% Mar 20 14 34% Jan 9 Oct 26 Mar Mar - 97 35% 17% *145 10 Hazel-Atlas Glass Co 12 37 69% Dec July 14 49 Jan 27% Jan 11 34% 17% 100 preferred Heeht 12 31 % Jan 8 90 May 11 5 8% Jan 34% 17% 30 4%% - 34 17% 30 America common 1 preferred 100 Hayes Industries Inc 1 Hayes Mfg Corp——; —__2 ' 34% 17 30 Hat Corp-of 5 Apr 11% Jan 12 10% Mar 28 33% Oct 23 Mar 20 Mar 6% 31 34 17% 3C Hart Schaffner Ac Marx_ * 31 30% 35 17% cora__No par Refrac Harbison«-Walk ' 17 30 98% Apr Dec 5 16 154 93% Feb 39 32% Jan Mar 20 8% Jan 7 25% Dec 28 3 preferred100 Hanna (MA) Co $4.25 pfd„No par *30% 31 34% 17% 14% 01 *105% 107% 5 No par (W F) conv 1 24% May 18 6 July 3 20% July 18 25 July 17 25 107% May 22 Printing Co Hall ' 7 31 *30% *30% 31 35 34% 17V2 '"14% 81 5 Hamilton Watch CO com 1 May 81% Nov ,1 11% Oct ' 9 5 - 105% Jan 19 18% May 4 Water— Halliburton Oil Well Cementing 15% Mar 14 11 27% Jan 12 7% Feb 10 8% July 13 31% Dec 23 15% Apr 13% Apr 149% Dec 5 103 Jan 73% Jan 8 31% Dec 30 3 Hackensack 36% May 18 108% Oct 22% Nov 28 64% Jan 28 30% Jan 18 Sep 29 14% Dec 29 3 141 30% Feb 24 Nov 80% Feb 66 % July 13 104 Apr 11 20 14 35 8 22 Va Apr 20 200 243/4 2,500 22% 24 82 82 1*%" - , 143/» 5,700 20% 2,100 21,300 160 , . 11% Mar 6 14% Jan 4 12 14% Sep 27 19% Sep 5 July 12 . 20% Dec 31 161 12 % Jan 3 15 8 22 3 25% Mar 17% Sep Nov~24 Homestake 30% Jan 20 38% Feb 10 100% Dec 18 38% Jan~12 15 Mar 22 15% Feb 17 36 Feb 13 36 Mar 15 94 99% Mar May 24% Oct 22 35 % Mar 53 % Dec 9 1 107% Jan May 7 May 11 18 20% Apr Apr 4 24 68% Apr 30 19% Apr 3 21% Jan 54% 29 11% Mar 13 2 Apr 20 99 19 58 % Dec July 25" 7% Aug 1 11% July 21 2 Jan 105 * 50% Mar 15 6% May 10 •14% May 10 < 50% May 15 10 61% May 9 * Jan Nov 24 19% Mar 5 58% Jan 15% Jan 2 20% Feb 26 8% Jan 12 17% Jan 3 28% Feb 1% Jan 3 July 17 4% Apr 22 25% Apr 13 3% Apr 4 18% May 15 4% Jan 22 *• Apr. 10 -—— 5 59% -Hudson Ac Manhattan common—100 7% > Hunt Foods Hupp • Range Since Jan. 1 Lowest Highest ; 32 14 July 25 40 y4 Mar 15 34% Jan 25 82% Jun 29 62 Dec 20 99 Dec 8 34 Jan 25 60 30% Nov 29 52 Oct Dec 14 7% July 13 Dec 523/4 Dec ; Jan 00 96 20 Jan ■ 2 Idaho Power CoIllinois Central RR Co HI 52 v , lP/aJan ,, _ 68% Dec 30 83 Dec 29 60 3/4 May 18 76 Mar 13 175 Apr 10 155% Jan 24 ; 56% Dec 30 49% May 15 62% Feb 2 207a reo 23 Dec 15 38 Jan 26 12% Mar 30 ^ Dec 14 25 y8 Jun Dec 81 9 5 Feb 52 1 17 25% Jan 10 Lzo 96% Jan 31 5 % Jan, 3 101 % Mar 30 1 59 Dec 18 39 May Feb 6 16 20% Jan 28 30 81%'Jan "13 23% July 17 64 100 26% May 8 27% Jan 4 Mar. 24 May 11 Apr 4 Apr 16 47 Jam 64 . oO 6 *15% 5,000 20 20 58% 57 57% 400 3,700 6,200 7 614 16% *15% 50% 51% 51 51% 51% 51% 51 51% 6,900 17% 17% 17 17% 17 17% 16% .17,% 11,000 23% 23% 23% 23% 23% 23% 23% 23 23% 2,100 . , 18'A , • 3% 3% 18% 3% 3% 19 18% .. 3% 3% 33/4 3% 3% 18% * 18% 16 *15% 18% 11,600 : 19 19 Friday Sales for May 15 • May 16 May 17 May 18 the Week $ per share . $ per share f per share $ per share Thursday Wednesday 33% *205 205% 333/8 3314 *163% 164 16% 16% 62 Shares 33% 33% 48% *48% 485/8 51% *4914 51 *49% 9'/a 31% *7% 80 80 *166 714 *714 61% 62% 77% ~10 1,800 9 31% ; 714 .6,100 ■r*1' 73/4 6014 78 77% 78 168% 168% 10 50 50% 503/8 50% 50 50% 6,500 22% 22% 22 34 2214 22% 23 22% 2214 5,600 113/8 11% *11% 113/4 *11% 27% 2814 27% 28 2714 .27% 97% ..., *166 51 97% 983/8 98% 98% 3% V 3% 3% 3% 17% 205 : 183/s I • 17% 2053/4 X203% 33% 34 \ 163 % 164 ■i: *166 170 35/a 204% 33 y8 333/s 33 16214 ■ 3% 4,300 18 11,600 1,600 3314 16114 163 "140 205 33 3314 162 163% . 17% 204% 18 204-% 26,500 930 162 h 16% 16% 16% 16% 15 3/4 16% 21,300 18,300 33% 31% 32 31% 3214 31 3214 881^ 873/, 8714 88 88 90 90 3% 3% 3% 33% 34% 333/4 34% *132% 1323/4 132% 1323/4 ,1321/4 15 14% 30% Apr preferred 51 *103% 104% 8 8% *61% 62 4114 41% *4014 41 . ——Nopar preferred—. 25 3 24 . 5 100 new_—___No par ——No par *65 25 , t Feb 106y2 Jan>ll 59%. Apr 21 7814 Jan* , . 7 5 • — $6 preferred 8y# Jan 18 69 ^5 Interstate Dept^Gteres _-xNo par Intertype Corp ——Nopar Iowa-Illineis Gas & EleeCo—Nopar Iowa Power & Light C»_ * _10 Island Creek Coal common— 50c Feb-, 7 ' Jacobs (F L) Co— 1 33% 3% 34% x33% 131% 130% 800 3% 3% 1,400 3314 3% 34'A 3414 33,800 *135 25% - 3514 >136% 5% *2014 88' Jewel Tea- Co Inc' common.*—No par *67 68 314% preferred Jctons .Mcnville Corp 100 —1 *101% * ii—Nopsi Johnson Ac* Johnson Jor Manufacturing Co, 1 51 5114 50 Vs 5114; 1031/4 .103% 103% 103 % 103% 103 y2 41% ,40% 40% 64% 73/4 63 64 7 3/4 714 59% 6oy4 40% 67- 400 40% 64% 6514 653/4 64 *34% 3514 *34% 35% *34% 3514 .*34% 15% 15% 24% 15% 1514 15% 14%. 15% 2414 1,600 35% 151/# 24% 24% 24% 293/4 30 35% 26% 26% 21 34 3414- 21i/« 33% - - 55% ' 67 25ya 94% 33y# 3333*% 26% 21% 25% 26% 26 26% 21% 213/8 21 -2114 4,900 34 3334 34 33% 33% 3,000 135 *133% 135 133% 133% 40 5% * 5% *20% 2iy2 87 87 J/4. 67% 67 V2 *10014 103 55%r 5614 4,100 S 56% 67 1,500 37 3314 5% 67% 101% 101 y» *101 »/4>-,102%. 1,600 30 36 '/• *133% 88% 67 68 2414 29% 2414 29% *35 2iy# ' > .*20%^- 21 y«' *87 36 58,500 1,700 >4,300 > 26% "21% 135 5%: • - 30 1,500 ' 36 2414 29% 24% *29% *35 - 3 *133% 1353/4 25% 94% ' 35 .•* 303/4 ' o. 890 43 40% 40% 400 1,500 60 *42 *43 *41 ' 7,200 21,000 7%- 59 15% *67 5614 41% 40% *i03y4 8 6i 714 60 *131 131 353/4 25% 9414 25% 4i y# 40% 36% ~ 7% 60% ' 66 - 33 * 51% 41% 67 *66 Jones St Laughlin' Steel com.;—10* t 5% preferred series A—_i—100 14%. 5014 7% 5% 5% *20%%21%' ' *87 89 102Va 13% 51% 60 41 7- 94% 12V2 34%May 5614 514 14% 43 135 2iy# *88 14 103'4 26% - , 14 814 21% ■ 34 14 61% 36 27 21% 131 141/4 501/# 521/4 1041/4 *34% 1514 24% 3014r 31 1 . 66- - > 910 13114 132% 14 1414 *103% 8% 60% *4114 *4014 353/4 15% ,Jaeger Machine Co-J l-Nopar .Jersey Cent Pwr-Ac Lt 4%"pfd—10<) 31% Jan 29 99 ;Jan 3 9 66 *34% 153/a 25% *3014 3514 26% 2114 34 ; 1^ — , f 16% 3% 7.50 ' 1614" 88% 14%. : " y- 1414 513/4 51%' 100 3,300 99 .. 3J/4 314 1714 17% 205 2714 27% *98 ; 113/4 *11% 1114 98% 31% . 1,800 ... 170 495/a 3% *89 400 5,000* 62 170 77% 78% •51% 9 31 " 7% 61% 440 8,000 *50V4 3114 734 61% 61 33% -48% 9 313/fl 61% 8 61 31% 14,500 ' 33% *481/# 51 9 9% 31% 9 9 2,100 6314 105 61 33% *48»/s 3314 60% *101 62 33% 48% 3114 16% 32% 61 60% 33% 3314 63% 105 *101 33% '51% 28% 9814 3% 183/8 16% 63 - 633/B 105 33% , 97% 3% 1814 20614 206% 33% 34 163 % 164 y4 . . 3% 18 t 33% 63/a 33% 62% *101 *48% : ll7/# 28 105 *61 62 - 643/8 *101 104% 33% 33% 63 65 100 Limited International Utilities Corp 3 t' 22%'Feb 10.. 95 Mar 16 Mar 27 2414 M&y 18 92 Apr, 11 , 5% 7 233/4 Jan 19 Feb 2,000 SALE PRICES Tuesday' ... 34% *ll3/8 98% 35/s 17% ' 5y» May 15 nii/ VaXJ Mar wC 34% 16% 7 66 20% 57%' 63% 8914 18% Mar 183/a jair :4 86 1 Dec *97- 7% preferred 25 International TelepAc Teleg—Nopar 139 3 May 18 *15% 60" 6,000> 33% International Silver common 133% May 18 25 $4 May 4 3514 Jan 30 39 i1 75 7 — 18% 66 65% *19"% 21 *20 ' 18% 89 3% 73 2 4 May 15" 51 y2 3 21 33% Apr 3 36% July 26 Jan 25% Jan 22 48 i 101%. 101% 32% 2 37% Feb 26 70y2 Mar 6% „ 3,300 95 *93% 89% 3% 3414 Shoe 35% Jan 31 107% Mar 35 '/# 35 . 32% Salt 31% Jan 24 26 900 35/s 33% International 28% Jan 10 Jun 6% *48 27% International 14 54% July 19 81 170 27% 41% May 11 44 % Febt 28 22 1814 Sep , 23(4 11% 2 4 Apr • 6% 48% *51%$.£31% r 9 Vs' * w 9 V# 32 / 32% V* 7% 714 61% 6214 *80 81 *166 170 X513/4 52 23 23% 73/4 23 *11% Int'l Rys of Cent Amer com—No par 19 Dec 5 58 33% ..33% 523/4 preferred—JLJ liTJ .100 Mining Corpt1 Int'l NickeL of Canada cdm%.No par Paper common 45 6 34% 17% 62 , V 32% 523/4 International International 30 Oct 64%• 62% *80 i Machines 17 4 5% July 18 Business 10414 9 *166 Nopar —-Nopar Packers July 12 14% Jan 57% 17% 64% *1021/2 513/4 *7% 100 Rubber Iron preferred Jan Jan preferred International Apr 23 141 6,100 34%' 18%- 18% 65% 70 133/4 52% 33% 1 30 53 July 11 59% May 14 ^5 Inc__ 22 13 % Jan Dec 20 57% Monday *51J/2 32% 4% , 10 11% Jan 733/i Jan May 18 27% Sep 20 • S per share 34% 62 100 147/b Jan 109 73/4 May 16 19 22 101% 1,400 i33% : 7. 163A 3% 48% 9 1 56% Jan ' 483/4 Mar 15 22 35 3/4 Dec ' Mex, S A 133 V4 Jan 2 34 July 17 66% 7% 18% 337/8 Int'l Hydro-Electric Sys class A—25 Int Minerals Ac Chemical iOom _5 33% May45 i'cu 123/4 Jan Oct 8 103 13 40% Jan ■ •w * 7 173/4 July 26 27% Jan 5 - 31 % May l Apr 21 22% Jun 19 23% Dec *91 Jan 16% Apr 333/4 May 15 65 65 - 59% 95 2,900 51% 103% 23% •: *48% Nopar Int'l Harvester common-—-Nopar 7% preferred-. i 100 373/8 Feb 44 873/4 May 16 33/a Apr 27 17 *62 V2 50 Corp common J"n 16 3 4%% ^ 36 20% Jan 135 Interchemical 40 % Jau 32% Aug 30 9% Jan 3 Ctfs Insuranshares 9 4614 Jan 28 613/4 Oct 7 42 y« July 28 6 Int'l 2 1000 A -w-No par Copper™ 20 Cons 3 70 July 25 Inspiration 23 179 *102% common——No par 220% Feb. 2 ser A—100 preferred——— 15 72 38 y8 July 18 6% Jan , 35% 55% *101% 35% / 35% - *100 18% xl8% ; 18% " 59% 50 13% *93% V 102 38% 543% 104 *34 - 37% 4,900 1,500 3,700 1714 65 V* L—— Inland Steel Co 200 10% Jan Sep Ingersoll-Rand 2 Interlake 6 9% Dec Electrica De Intercontinental 1613/4 May 18 series Industrial Rayon 2 Apr 110 Industria 1 3 16 • 95 *93% *100 ' 35% 35% 95" 102 18% 20% *20 34 preferred- 5% Jan 143/8 Aug 7 593/4 Sep 18 3 Jan. 29 % May cum 20% Feb 9% May 8 36% Dec 18 July 12 49 y2 Jan 12 ctfs stock 4.08% 2 Jan 137% Jun Jan 4 16 1013/4 Feb Mar 28 27"% Dec 30 33% Jan 25 104 Mar 28 95 y4 Nov 14 84 35% 35 28 52% 65 pfd non-cum conv Apr 16 y2 Mar 29 133/4 25 y8 Mar 31 11 y« Dec 3 21 32% Oct 23 8 1293/4 Dec 11 % Mar 168% May 18 94"% Apr 20 181 22 8 71% Feb 23% Jan 23 9 240 Aug 18 3% Dec odu 17 43/b Dec 29 73/4 July 12 27 ■/u 323/sMay 2 n 20 Oct 183/b Dec 27 1713/4 July 13 xo ifl 25% Oct 1% Jan 25 July 17 7/o « 6 11 J/4 Dec 100 12% Jan 13 185 19 20% Nov 22 9% Aug 8 16% Jan 16 92 67 *16 34 4.26%' cum preferred 50 Illinois Terminal RR Co 5 Indianapplls Power & Light—No par 5 155 28 Vs Feb 34% 21 Vz 28 51 13%- ; 100 20% . * % * 7% 20 4 16 €3 Jan 18 67 > comjnon_100 "Ullnoia, Power Co common—_No par . 5$% Feb 13 £1% Mar 27 -;/8% May 1 6% RR Feb Jan >. 400 43,900 11% • .§6% Feb • 35% *100. 123/4 25% *11'/a 56% *102 13% - 38% *50 Vs 102 13%" / 35 " 55 49% ■•;-•■;. 102 13% *93% 95 18% '-. tper share Par 107% Mar 2 48 % Apr 25 333/4 Mar 27 9 35 ;; 37% 49 V ...104* 13%- 102 55% 37% -.X54% * Saturday May 12 STOCK YORK 39% Jan 32% Mar 15 18 NEW ' 13%/ 35% 35% *93% *100 28% 5514 LOW AND HIGH 75% Feb 2 54 3/4 Jan 1 9 10% Dec 18 29 ■: 34% 3% 19 EXCHANGE 25% July 12 53/4 July 14 42% Mar 28 Jun 3% 19 $ per share 33% May 15 413/8 Mar 23 523/4 Jun 27 1 „No par *102 v. 35% 13% 23% -—. 103 .»*'■ 103 7% 17%, 52% 49 21% 28% 38% 49% 54% 50 20% 28 f 24 11% 20% * 12%. 25% 11% >-•20% 13% 25% 27%-- ': '37%.. -37% 56% •12% 11% 20% 21% 27%./ 27% 37%- 37% 13 25% *10% 11 20% - 56% 59% 23% *16 ^-12.50 Inc_— Refrigerator Co. Highest ? $ per share $ per share * 50 . 28 50 —6.66% — Corp ♦Hussman -21%' STOCKS Year 1950 .Lowest Car Motor 20% *27% 14% 20%" 13 24% *10% 17% 52% 17V4 5% non-cum preferred— 100* Hudson Bay MinC As Snrr Ltd_^No par •Hudson Range for Previous 9 per share - 33A% preferred 100 4%preferred -100 Houston Light Ac Power new-No par •Houston Qii or Texas (Del)—25 •Howard Stores Corp. -1 19 16 30 24 11% 12% 14% 20% • 25 12% 23% 102 102 13% 13% *34% 35% *35'A 35% *93 % 95 *100 103 18% 1814 67% 67% *19% 20%* No par .No par > 50 Howe Sound Co 12% 2214- *10%" *12% / 51 *50 . ~ 28 38 57% 37% 56% Household Financecommon—No par V 14 July 13 preferred—; 21 y# * 11% 20% 20% *27%. —— Mining Houdaille-Hershey com $2.25 conv preferred— 19 17% Oct 7 18% Dec 20 1 13 . $4.25 3 2 conv Corp— Nopar Hooker Electrochemical Co com—5 4 30% Jan 20 Dec" 11 62% 33 •5% 29 18 , 53% May Jan 13 107% Dec 22 ; , Honolulu -Oil 100 May 24 10 30 ——12.50 preferred 19 19 lo 23 L5 Sugar "Corp common- Holly 66% Jan Jan 3 •Hollander (A) As.Sons—— 42% Feb 34 July —5 ' 28% Jan 9 • 21- 14% 14% 21 % 1322% 2 Jan 103 9 8 > 14% *20% *12% *22% *10% 25 14 Jun 28 Ffeb 22% Feb • 14% Holland Furnace' Co_ J -5 .—10 11 54% Apr 4 42% Jan 11 107 94 9 Hilton Hotels Corp. Hinde As Dauch .Paper Co— Hires Co', (Charter E)— 26 % Apr 8 29% jJuly 13 • : 34 % Jan * 29% July 27 ; 14 10% Apt 16 18% Apr 24 6 47% Jan 11 47% Jan 10% July 13 1 29 Jan 9 Jun 20% Aug 18 29% Mar 7 c- Jan~13 Dec 13 21% Feb 21 16% May July 25 32% 17% Fen 2 18% Mar 29 31 15 10% Apr 5 16% Apr 18 25% Jun 12 Jan 14 ♦ . . 26% 5% *2014 *86% 5% 5% *2014" 21% 87 87y2 67 *100% ' 67 103. '58% 54 5514 67% 6714 67 25 25V* 94% 33% 55% 94% 33 87 68 *67 *100%.1Q3 * 56 5614 67 25y# 25% "94% ' 94Ve 33 33% 5% 21% *66J/2 - " *67 69 ' 25% 25'/a 95 33% *94% 32ya • — 290 - 500 3« 12,160 500 69 2414 94% 25%. 94% 3214 33 > 58,60Oa 100 7,000 K 32 9, 22 Mar 24 Dec 5 98% Jan 25 103% July 13 43 July 3 16% Dec 29 25% Sep 103% Apr 15 10 109 y8 May 18 6614 Dec 19 14 May 15 ."Apr 3 23,% Mat 30 65 Apr 16 97% Apr 23 613/8 Apr 67% July 13 14% July 26 70% Nov 18 66 19 6 16 10 ya Jun 30 14% Nov 27 28V4 Ded 30 28 2 20% Jan 13t 16% Jan 30 Mar 25% Oct 23 m— For footnotes see page 24. Apr 12 Apr 20 13% Maf 29 Jan 5 21% Jan ; 2 3334 May 14 16%'Jan 9 ?5% Jan .16 103%'Feti 1 108 Jaii 5 7514i Feb 8 703/» Feb 24 17% Mar- 1 15% Feb 6 32% Apr 20 30%Feb-24 Kaiser Alum & Chem Corp Kalamazoo Stove*Ac Furnace 1 r 4% cum preferred 100 *14% *looya Kansas City Southern com^_No par > 4% non^cum preferred J 100 Kansas Power Ac-Light Ct>_ 8.75 Kayser (Jiilius) & Co 5' — : 1 25 * * i6y2 1314 28% *68 - 65 *68 69 16%- 18% 13% *31. > ♦lOOIk 102 > ,28%: .- ♦100% :. .. 63 69 , *68> > 243A 1414 • - 64 y4 69 .32%. 32 14'%' 25% "25 98% *98 98 102 -32% 14% '" 25" *98" *100% *100% 102 64 y4 65 69 1614 16'A 16 16%. 14 13% 14 64% 16%. 1384 301-4. 28%.. 283/42814 31 *301/4 ■28 y» 31 30% 28% 28 • 30% 30% 28'/#- ^7%, 2,300 ,69 16% 14 160 102 *68 *68 i6%> 1.5Q0 6,900- 9814 63 13 % c 5.700 14%.'2514. - 13 % 3Y% . no 65 - 24% ley#,- • . 14% 14% : 32% 32% 32%. . . ; 16V4 .. 3214 .. 14% 14% 24%/: 25 " 97 y4; 9714 - 6614 66y2: 31V4 28% 98 . * 100%;.. 103 69 311/4 15< 24%r.'25%'" •♦97 67ya 13% - . 103 *16% ^ - .98 *68 23 33% - *14% 15 *66% Kelsey Hayes Wheel conv class A—1 Class H J 33 - * 10 Kansas- CitJr Pr Ac Lt Co cothwNo par .*24% ' 3.80% preferred _100 *97 14 ' 3034' - s.ioo 3,100 1,800 3,500 Volume 173 Number 5013 , . The Commercial and Financial Chronicle . (2103) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest S per Range Since Jan. 1 Highest $ per share Lowest share 3 45 Vb Mar 1 15% Jan 3 47% Nov 27 24 Jan 75% Dec Highe^ $ per share 49 '/4 Apr 28 70% Mar 15 79% Jan .17 17 68 y4 May Kern 22% May 17 42% Mar 15 Jan , 2 20 Ncv 14 17% Mar 20 •76% Nov 24 72 37 26 62 6 July 13 7% Nov 5 12% Jun 15 477/2 Jan Kress Kroger 7 Jan 6 »/2 Feb 10 Lambert 11'/2 Jan 2 14% Feo 6 Lane o 18 19 May 16 28 56 Jan 9 957/2 Apr 25 100% Feb .11% Jan 18 Dec 28 3 Dec 29 11 9 Dec 29 51 July 17 9 July 17 13% Oct July 13 247/s Jan 9 3 * 30% Dec 15 7% Jan 3 UvC m 177 Jun x 5 by r 29 45% Nov ' f Aug V .23% Jan f 14 % July 12 81 x :21% July 17 f *li * - Aug 7 -2 Sep .17% Jan Jan 75 * 22% July IB 28 » * 8 34% Jan • 174 July .7 29% Dec 3 36 »/2 22% Mar 24 • 4 50% Dec " * Mar 152 17 ■"* 17% Jun 29 May '."•' 30% Dec So 4 Lone. Star 27 '33 Apr 16 13 39 103 Feb 19 43 »/4 Feb 30% Jan Feb 9 5 . Cement Year 1950 Lowest f$ per. share 117/8 Feb 36% 28 17 : Lowest 4 11% MarJl *"*iOl "Nov ""105'; 3 Dec 12 "Mar 30 Al0.% Jan 51Q ...vJuly V7'A Jan r "'• Apr 3. ^•'-24'AxApr /550 7. Jan 5. 4 A 6 V4 July Jan 25 . 97/s Nov 19% May Dec % DfeC 30 32 175 " Feb 185 3% 97 100 Aug 18 • 96% 4^0 22 87 .Jan 10 11 % Jan 3 :42i/4 Jan xuo i 13 90 9 52 7/2 J / 25 May 3 Mar 15 40 7/4 Nov 21 Jan 3 58 July 13 42% Feb 10 217/e July 13 267% Jan 9 5 181/4 Aug 16 1 3 Jan 5 32% Jan 6 32% Oct 1 Jan 95% Nov 9 17% NoV 25 9 6(i% Dec 28 ; 101 34 7/4 Dec 27 July" 12 49% Nov Apr 27 7 12 1047/4 Nov 28 19% Dec 28 38% Feb 23 57 % Dec 30 July 13 125 13 July 18 10'A Jun 8% July 2g 3 IOII/2 Mar 91% Jan 20% Mar 7 54% Nov .30 a39% Nov 18 ...17% Dec 28 16 Dec 29 16 . 24 31 July 17 Jan 10 42% 113 For footnotes see Dec'11 Dec 48 48 20 20 7/4 19 7A 201/4 63% 64 4,000 64% 637/a 63% 900 22% 66 23 97 19T4 66 *64% 23 *47% 20 y8 63 7/8 . 23 2 117/2 12 1% 1% 1% 16 »/4 15 5'/4 337/2 717/4 169 par 56 - 57 45 , 45 ' par' -No par *82 ; . 537/2 307/4 30 page 24. , 4U-/4 .ipr 44 27 Feb 3 Apr 16 Jan 9 19% Apr 27 >. ; 1061/2 Jan 167% 2 51% Apr 17 39% Feb 2 65% Feb 16 45'A Jan 49% Jan 4 39>A Mar 29 44% May ;227A May 15 15 '/e Jan Jan 45'A 44'% 6% Jan 67 42% 60 Jan 47/4% 26 4% 16 21% Feb X37% 83 42'A 5% 8% Mar > 88 101 Jan 12 33 Apr 16 28 Jan 5 56 May Merck 32% 537/2 , 30% 5- Co— Robbins Inc^,— Stores Co__ 1 —10 (1st serJes)-—100 common ; Co 50 3% Min »Transp Co & Co Inc common 411/4 Jan 2 48% Feb 140% Apr 23 21% Feb 9 18% Jan 16 Jan 13% Mar 28 preferred series Copper 2 9 50% Apr 134 Apr 30 'A 17 37% 373/4 *133 5,600 — 41'A — 3,600 Sales far the Week Share9 17'A 30 530 33 29% 16'/4 *525 12% -i3y4 13% 91/2 *9'/« 9% *23% 24% *23% 24'A 11'A ."47% 11% 4 6'A 47 46% 10% 10'A 10'A 47/2 *43/8 43/4 10% > 24 7/2 11'A 31% *100 «/4 100"% 31% 100'A " .^31% 30'/4 100% *100'A ",17'A 17% V 17% IT 12% 12% . 341/+, .«• 20% . / 41% - 64>% . *33 ■'i: , 15'A 24'A 23% 23% 200 41% 46 3/4 10% 105/8 11% 15,200 43/4 18% 101 1017/2 1,200 *168 >/2 170% *167'A 95 63'A *95 15 15 49 19% 23'A *95 100'A 96 *48'A 15'A 193/4 23% 17% 18'A 100'A 15'A *987/2 18 7/8 18 100 99 51% 51% 51% 51 51 377/4 37 37 7/8 37'A 54% 557/4 55 55% 553/4 437/4 43 43«/2 42 42'A 42 42 42 23 22% 23 22% 223A 177/2 17'A 17 »/2 17'A 25 24 'A 243/4 *89 91 88'A •17 17'A 25 89 65 *60 24'A 197/2 *57 247A 19 *56 - 8% 82% 18% 19'A 24'A 19'A *8'% 50% 37 553/4 56'A 1,500 42 »/8 413/8 42 3,000 81'A . . 17'A 16'A 16% 24'/4 25 91 *90 66 *59 24'A 24% 183/4 19 55'A 55-'A *55 60 19 18'A 19 Xl8% 24 19'A 80 81'A 791/2 183/4 80 »/2 19 1,300 91 800 ; -500 2,900 80 64 24'A 183/4 58 7,200 5,900 40 19% * *8'/4 - 183/8 *53 . 2;700 225/g 25 60 8% 19% 3,900 87/4 8% 600 81% 3,500 80% 817/4 9 *90 93 *90'A 94 94 94 *93 96 *29% 30 30 30 29'/2 30 297/2 29% 29% 29% *29 3/8 30 *23 23% 2 3'A 23% 23% 233/4 23'A 23% 23 23'A *22'A 23'A 3,200 54 2,800 *50 2'A 51 50% 81% ' 22% 90 3/4 8% 410 361/2 19'A *8'A 10 ;/ 507/4 19 8'A 1003/4 56 '/4 *55 8'/4 1,300 4,200 r 51 *60 243A 3,900 . 37% - 19 '/2 8 7/2 24 243/4 66 100 *90 52 *99 100'A *99 *106 107'A 99 18% 97'A 18% - 52'A 100'A 107 »/2 *97>A 100'A *106 99'A 99'A 937A' *91 53 537/2 100'A 100'/2 *106 107'A *99'A 99% 19 19'A 17% 18'A 61% 60% 61% 58 J/2 60>/2 18% 19% 18% 19'A 18'A 18% 5 *43% v *99 *16% 887/2 24 1,700 20 3/8 18 17 88% *23'/4 18 *225/8 -22% 243/4 *60 65 23% 20 15 48% 44 59% 19'A 60 19 *59 66 24 60 130 85'A 44 223/4 24% • 19% . 99 50% 37% 557/2 93 5,000 95 181/4 >/8 377/2 25% ' 15 > *481/4 20% 51'A 25% 10 64 7/4 96'A 44'A 557/2 *90 ; •■ 24 «44 377A *17»/4 - 15% 24 ,, 517/4 *22 'A 95 *83% 49 > 20 20 44% 85% *48 «/4 235/a *44 96/4 63'A *95 170 1 49 23'A 20'/» 95% *83% 'A " 64'A 95 *95 85% 15 . 44'A 177/e 64 . *831/2 49 *44 64 96 37% *22 'A 1,700 170'A , •55% • 333/4 *168'A 157/2 101 33'A 5,300 49 187/4- 333/4 33 17 123/8 19% 96'A 18 70 8,000 1,400 16 12 'A 40 7/4 64% -i 2,800 19% 95 20 90 305A 101 17'/4 12% 12 7/4 34 30% *100'A 38% 63% 44% 17 11,500 43/4 40'A 170'A 24 .. 3,300 103/8 19% '19% .85'A 23% 30% 101 - - 463/4 , 393/8 96% -*44 17'A 10 ■?43/8 40% *83'A 44% 30% 467/4 . 5,500 20 83'A 20 - 23% 40 9% 13 19% 96'A 15'A 530 121/4 *9y8 39% *168% 64'A *525 9% ,41 83'A •*48% "20 >% • 5,400 20 40% 957/4, 195'A 16 10'A 12% *33 33% 20 1,900 13% 101 17 29 *4% • 123/8 12'A 96 »A ' .49 • 34'A ,'v20% ..17O ::--170 96 '/< ! ! oW -85% 1..r ' mt41 AiuiAl'A '.647% ' 34 *20 12'A 800 28 11% 101 13 200 7% *237/2 31 100% 31'A /100%*' * 31% 17% • 171> 0t. 20% • ■ 11 4,900 99'A 153/4 530 13% *9% ^4'A V 30 *9% 33'A 73/4 16 163/8 535 10,100 8 30 9JA 10% 800 173/a *96 98% *73/4 29'A 13 16 3/4 33 &'/2 7% 16% 3,600 38 136 33 3^% 09% 13'A 60% 10 175/8 33 535 163/4 *133 *98 535 16% *377/2 136 173/B ■".*75/8 ^30'A 16'A 16 «/2 99'% 1% v - *9'/b 53% 53% 100'A 107% 100% *106 101 *99'A ' 80% ' 54 531/4 100'A 100'/2 *106 107'A 101 '99'A ■ 18 18'/8 18'A 18% 50 59% 60 61 18'A 18% 18'A 18 3/4 100 »A 100 800 170 107'A 100'A "lO 17% 18 i/s 59'/4 60% 3,600 7,000 18% • 18% 14,100 ' common—' ."—100 ,/ 44% 140 140 *43 ' , 140 Minn St P * SB Marie. No par 16% 16>A 16% 43% 44% *139 7% 1407/a *1397/2 140'A ITVb "17% "17'A '175/8 15% 16'/4 44'A 140 ' 17'A conv 2,300 4,100 - 99 Friday May 18 137/4 17 % 3.20% 7%'"*- 545 17% Common 16 167/4 *535 No par 13 . 30'A *106 ■ 5 — 17% >99% V/e Minaeap & St Louis Ry 13, 200 31% *973/4 40 7/4 • 10,600 $ per share 16% 136 No par Petroleum 8% J.st preferred 523/a May 17 "38 32%- 33 7% 99'A 81% ; 100 Midland Steel Prod w 33'A ■; 7% *8 »/4 100 Minneapolis-Honey veil 41'/4 Jan 111'A Jan pfd_100 preferred series 3.85% 5 3 •16% Mar 28 131 38 *133 7/4 10%- 19% < , __50c No par Inc 33 17 4% 24 7/4 No par Utilities 17% ' '■ 10'A *61% _1 1st preferred Inc Middle. Bouth 22'/a." 32'A ^Thursday *165/8 •16% 38 136 38 * 47% 43'A • —No par ">• 2nd preferred (1st series)—50 Shoe Corp—— 1 Mid-Continent ■>■ 2,400 2,600 153 ,$ per share 37% - . . 261,000 22,800 ' PRICES Wednesday May 16 I per share •4W> 16% *133 10% *44 j 17 2 $ per share 47'A 51 '/4 21 Mar - 55% 18 4.35% May .9 SALE 3/8 3" 303/4 41 HIGH 56,100 51'A • 99 40% Tuesday 143/4 32'/4 31'A *971/4 40 *4'A *48 »A f 21% Feb 64 305/8 99 4% 101% 104% Feb '20 52% 393/4 -107/2. *15 1 • & Stores 143A / 32% -*973A 16,500 15% r 41 300 38% 41% 21% 523/8 • 82% 153 32'A .30% 3,100' 15'A 22 99 10% 47% 18 Vb Metropolitan Edison 3.90% 2 30'A 8,600 20 4(5 7/2 f 52'/4 43 82 7/4 7 154 • 23% 3 Jan 321/2 2,500 76 'A . 21% 2,700 197/2 373/4- 14% 153'A • 250 571/2 44'A , 421/b • 153/4 ,147/4 32 51% May 15 387/4 ', 136 *987% *94'A -.96% - 10 531/4 Mar 15 42 213/4 154 32 30% AND " 17% 9% *83'A 3 24 18 3 8'A 24 96»A No par $3.50 preferred Mergenthaler Lintoype Miami 82% 42 1,000 *74% 20 39'A i 17 16% *13 'A - *23 *64 par Jan Apr 21 17'A Mar 28 82 42% *973/4 413A *133 16'A *170 104% Jan 95 38% 14'A A 537A 30'A . 99 I per share 545 •34'/4 s- 1071/4 Jan 2 38'A 15 3/s ■ 41% 217/2 32'A 51'A Monday May 1,4 31 17% 3 47% Apr '98 Apr 7 32'A 7% *12% • 104% Mar 27 May -741/2 19% .82 i 152'A 44 42'/8 11,900 13,200 168 55 747/2 15% 14 'A 154 31% 1 Co.—No par Merritt-Chapman & Bcott No par i Mesta Machine Co, 5 ;22% • 40% iV 22'A 215/a 153'A . 4% _No pari — Merch ■& 25 3H2 /(T 22 'A 154 41 %7% .:48>A' __—-—x_——.—50 / (The) v • 567/2 441/2 16,900 9% 167 •> "383/4 82 14% •10 'A —6.25 ————No par ; convertible 41% ' 14% 143/4- 82'A 40% 169 1- 13% 76 15% 82 ■>■ ' 441/8 .•42% 19% *73% 9 55'A .•44% 42 19% 757/2 99'A 10% '• Corp com new_50c convertible preferred.1—100 Mercantile 10 29% May 15 '88 »/2 Apr —5-, Stores Mengel Co Feb 42% 19% 30 5A *97% 337/8 v *9'/b Melville 64 33 ti..»•; >13% „ _100 common— preferred Jan ;42 7/ig, 44'A 33 9% *167 • :■* 33% 9 , 56 , ,-757/8 327/4 53% 17%" *535 1> — McQuay Norris Mfg Co Mead Corp common Mar 20 22% Feb . — Corp common.—..—. McLellan 267% Jan 2 16 26 100 17% 16% __1; Col—— L) Corp McKesson 168 56 447/4 ' Ax-— Electric ■167 56% 32 39 *98'A ; *—_—-—No par preferred McGraw 19 271/4 Jan 17 88'A May 15 59% Apr 3 23% May 15 .100 Publishing——No par Mclntyre Porcupine Mines— 5 16 191/2 Jan com—-No pai.:/v McGraw-Hill 7 26% Feb 2 Inc -... cum pfd 1947 series—No par j ' $3.40 cumulative pfd_: ^No par 3'A% 169 55 33% 9'/a ' —5 ' Dept Stores common—' ;„ $3,75 preferred ——No McCrory 15,500 707/a' 83 136 J 41% Preferred 8 .36% May 18 *133 . *20'A McCoru 33% 69% 41 16% 16% *38 »/8 common.-10 1 McCall 3,600 / -i, ■. Shirt— Co 22% 70% LOW " $3 22% 35 16 $ per share 22% 70 • May 12 Sugar Maytag 19 22% 70% 71- 20 Saturday 17 691/2 70 39% .,40% 16 35 153/4 99 40% 17% 35 38 30 7/2 A 97% —,—10 $3.75 31 16. 35 16 ,53% 1,000 3,500 35'A 56 14'A 1,400 5% 71% 33'A 39% 32 3/8' 16 57A 70'A 32% 16 . < 76 {'a 10 157/e 5% 10,000 71 9 *34% 35 157A I 16'A *5 7/8 •70% 9% 9 35 39'/a •■ *16 '/a 5 33% 32 % 19% 14% 4,000 22% 169 42%' 42 14,000 1% 22% *737/2 83 2,300 11% 1% 15% 71% ,i,45— 14% 25% 11 1% 97/4 22% 9»/4 55% 41'A , 257/8 11% 25% 11% 9 151/B 16 15% -. 25% 71 . 900 97 " 1% . .16 5 39'Av , 16 71% 22% *96iA 91/4 22% 34 168 76 39 , 11% 1% 1% 5 71 357/2' v71'/b- -169. 11% 22% 97 80 9'/a 707/4 157/2 97/8 35 71% 25% . 16% 5 9»/4 251/2 1% 157/2 . 97/8 200 48 157/e 33% 9% 35 •- 9% 13 23 22 Vb 33 y8 9% 5 72 '15'/s 237/4 9'/8 16'/4 5 72 15 •„■■■ 35 *16 72 23 Vb 25 May • 7 *96% 127% .100 :!%■ preferred u 22% 97 1% 11% 1% 167/4 _5C (Glenn 23 *967/2 11% 11% • 1. *307/4 Martin *22% 97 *96'A 631/4 22% 22% 97 *96 »/2 b47A 26 par Master.. Electric iCb>„,'-.a..x-J 21' r 99 48 19% Mathieson Chemical Corp com..;..5 9 .46% Feb 23 2 -3 Feb 26 17% May 15 '99 May 17 Jan 1017/2 Feb 16 *" .. .72 421/s Mar 17 Jan 3 15 183 ,19% May 15 20'A Jan 4 Jan 6 28'/4 Jan Jan 16'A Jan Jan . >23% Feb ,::.43i/4 May 2 Mar 26 18 107'A Sep 13 Jan 52 110 102% July ^67 17 20 106 7 1677/4 Apr 27 37% July 17 101% Feb 21 Dec 10 20 7% Jan 47% 19 207/2 26 Martin-Parry Corpi———_l.No pat Masonlte Corp tiLAAl-II0 par 34% May 11 2 29,.., Ian Nov 53 t ' x20% Jan .17%, Jan -19% Nov 13 16 6% Aug J1 39% Jan 13 Oct ;11 27% Jan 10 '/b July 17 42 27 64 x21% July 19 14'4 Jan 11 f ■ 11 94% Nov ,• 47% 207/2 20% 267/4 •• 18 14% Jan 1/ Aug 17 27 21% Jan 43 105 July 13 105% Feb 1,400 *12 7/2 267/8 Marine Midland Corp. —' 5- : Market St Ry 6% prior pfd_: 100Marshall Field dc Co com No par A '/4 % preferred —100 5 1,000 26% 13 , ' Maracaibo.Oil Exploration Marathon Corp 3 13,800 6% 25'A *12% Stock Bros..— 7% *6% 48 -10 Manhattan 7% 6% 48 >7% :Mandel 2 Jan ,38% Feb 6 10 * 39% July 27 5 5 52 19 10% May Mar ISlu Jail 27% Sep 31 7'/8 *47% 20'/a — 71/8 . 48 No par Manati 16 7'/4 13 Mahoning C6aT RR Co— ,11% Apr 26 491/2 May .4 X831/2 May 11 Mar 28 Jan . May 18 30% Jan 18 Feb 49 14% Jan 25 93 23% May 11 32 Apr 94% Mar 30 July 13 397^ • oO July 30 7/, July 17 .97 17% May 11 3 12 35% Jan 7'/a 2,400 13 Magma Copper ——— Magnavox Co (Hie)— i' -13% May. 10'., . 5 2 12 18 44 Jan all o 19'A July 14 July 9 Jan 39 99 5 *12 Sep 26 , 25 8 Nov xy 13 7/3 Apr 36 13'A 43 .Madison Square Garden. , ."4% Mar l 30% May 18 Dec >29 . 9 16 ; 18% Nov '15 -* ;31%'Nov'22 -= .10% Mar 15 18 12»A.Julyl3" .24% July 27 2 37% Jan 3 ,' 4 C13% May 9% July "19 ... 21 = Jan 35% 13'/4 5 —-4%#-preferred series A .17% Mar 16 073 Feb 28 7% Mar 28 ^ibeys'sep 25 . 2 > >33 % Dec =29 25,.: % Jan ... 36 13% 23 Working Co———5 Co 35% *13 42% & forbes H) (R 36% *35% 13'A 7 Trucks Inc Macy i May 18 21% Apr 27 19 .2 .36% Jan .9 . ' 13 38'A Dec 100 7% Aug 97/c Jan 13 31 . 27 «9% Oct Feb 900 27 10 preierred Mack • 530 23 3 •38 17 103% Jan2 12 , Aug 30 13 2 M Wood MacAndrews 5,700 53% *6% *96% (M) & Sons Inc com 1; 4%% preferred series A_—100 6% % i 10 -.Jan; 13 , 28 9 9% Dec 20% Feb . -•• 387/8 52% 97 26% 32'A M & 2 26 7% Apr .24 r 19 > •. Jan > 200 38% 54 % 6% Par 142'A ieo . 96% 38% 5* 78 26I/2 EXCHANGE 977/8 Apr 18 18 28 17 " r233% Oct 8% July 25 18'A Apr 23% Jan 32% Jan ' 96% 38% 5,000 6% Lowensteln 18% Mar 19 42 May 7 16% May 18 Jan 20 , .% 37i/2 May 17 97 551/4 7'/4 25% l 96% 38'A 42% 26 'A par $ per share 134 19 .14% Apr 35% Dec . ,77/4 Mar 30 16 19 34% May 25 . ">y«% "■/ 15 Ton 26 Sep 18% Dec ... 28% July. 17 .^ Dec . 96'A 42 6% 25% - 200 80 38'A 37 7'/a 7 22 new Vork 35% *78% 42% 26'A 20'% Co 55 7'/4 *152 Steel 55% 80 42% 6% 22% • 39 *78 % 42% 2 6'A 153i/a Lukens 38% 80 42 »/4 18'/a 277A *647/2 No par' Corp.! 97 *55 36% 7% 42% 97 18 Vb 6,300 *6% 22'A iHighest per share 4 May , A2 143 .«» 3 7'/4 *151'A Range Since Jan, 1 _ S per share Aug,. _8 35'A 42'A 25 M 1351/2 Mar 35% STOCKS "„%/ ••Highest * 55'A « 100 Range for Previous • 557A 38 7/4 56 Louisville Gas & Elec Co (Ky) No par Louisville As .Nashville,, ^ 50 17 59% Feb 38% 97'A '38% »A ,45 13,300 *26% 5 Lbrillard (P) Co common—/ *7% -preferred *. - 433A *97 *73% — 3 *78'A 43 977/4 20 y4 Long Bell Lumber (Md) A—No par' Long Island Lighting Co__—/No par 4 Jan 80 *78'A 43% 5'/4 -No 18% 43'A -No par * 18 % 8,400 80 5 com 45% *78'A preferred-^-lOC convertible 45% 80 100 Lockheed Aircraft Corp Loew;s Inc ." 1 - Apr, 53 170 .97% May * '3%% 44% 18 9% new——_1 Co—,'—/ ^Liquid Carbonic Oorp 9 •25'A Jan 5 Co 900 457/2 45 9% x Oil 22 7/a *18 71% Tulip Cup Corp..—No Lion 13 % May 49% Jan 281% Apr 21 ■97?4 Feb 3 307/a Jan > 21 38% Sep 102%-Dec 87 Lily 22% 18% 1 : 22% 9% 2 „ 22% 73% 6% No par preferred Uu& '* 14% Mar 12 , 217/2 May 16 - Jan' 19 May 23 ~ 13 747% Apr 2 ; Feb 18% Feb "2 712% Jan i t'ja Apr /30 42'A Feb 5 ;,27% Jan 29 60 x81 37 .331/4 Apr 2 •15% Apr 25 * 2b -vuu 223/e 9% — 3 67% 22% 463/8 No par Stores Corp 223/4 46 10 Libby-Owens-Ford Glass Co Libby McNeill & Libby Life Savers.Corp Liggett & Myers Tobacco com ■' 477% Apr 17 ■467/b Apr 27 21% Feb v 5 15 74 7% May 1/,-Mov 364 * Mar 28 * Mar 16 1-3 7/4 Jan 9 Jan ltt-t Mar 29 9 17 '"'28% Aug 17 ■' •, 79 ,25 »yl' X40 38% Dee -18 187/2 Oct 4 '■ 50 % July 26 19 39i ■f 24 .« 13 13 36% Apr 41 2-21% Jan 83 % Apr, 3 ' ' 35% Apr 10% Feb 2 l0u'/2 20 44% Nov 14% July .12 71 ' 9 2 6y% May 16 f/ Peb~27- Lerher 5 Jan • 2nd Pfd--, 27% Feb 8% Jan 31 .50c non-cum Lehman Corp (The)— L'ehn & Fink Products 31% Jin 33% 3 xuar 18 73% May 4 17% May 17 22 '/a May 18 28 7/2 Jan 187 •»' 2?%. July 26 28 % Oct 38 2 223/4 *22 3/4 72% *47% 100, 2 , —. Jan 22 8% Jan . 2 2 39'/8 Aug 28' 97/4 Oct 19 30% Aug 25 preferred 23 64 j 27% & Sons Co common—3 — May 14 65'/2 Jan "11% Jan 3.85% 65 *13 5 Lehigh Coal & Navigation Co Lehigh Portland Cement Lehigh Valley RR JSfo Lehigh Valley Coal com*$3 non-cum- 1st preferred—No 17 Jan (James.) 74 64 ey8 50. Tire 73% 64 45 7% 1 & 73% 63% 27'A No par - 723/4 64'A *18 *35% No par- common 74% 63% 18% pfd_75 Pesos Mex preferred*. Rubber Lees 19 15'/2 Feb ,23 - 13 • May 18 5 ; 23 " Dec.28 67 16 ,26% Apr 1% May 12 151/2 May 15 22% Dec 29 20 Lee 15 9 May 18 257/2 May 11 7 . Bryant 73% 64%, 46% 38 7/8 Share• 75% 46 *55 Sales far the Week per share 633A *18 4 6% (The)— Lane-Wells Co 7 25% Feo * 4% Apr May 4 14 12 67 10 .No par yS •74% 97'A -No par Friday May 18 May 17 $ per share 18% : Thursday May J6 $ per share *79 10. — Wednesday »May 15 $ per share *18 100 — k * 233/4 453/4 1 Co Co *23'A par i _ & Co— Consolidad ,4%^ 2 21% Jan 10% Dec 30 May 29 50% Jan 1% Jun 21 2 9 25 1007% Sep 14% Jun , .51% Fob * ,-(The)_" Gas La Oct 24 Laclede 1 4 62 7/2 Sep Jan 27 Mar 37 94 ' 8 28 7% May 64% No par cwnmon Co H) Co 76 63% No par Tuesday ' $ per share 75% /No _ preferred— (S S) (S 2 19 7 July 13 38% July 13 4% Jan 3 7% Feb f 2 Kresge $ per share 5 , Co common—a. preferred 7 25 25% May 4% 7 May Corp Koppers-Co- Inc 13 9 40% Jan 3 Feb (G R) prior 39% Mar 22% Jan Jan $5 56% May 30 25 20 4 Mar 51 103 5 Kinney 22/2 Jan ' i 22 42% Dec May 44y8 ; 1,0 39 20 25% Oct 25 10% Jun 2 KLnberly-Clarke 52% May 18 24 7 % Dec , May 18 36 V4 Jan 3 . 34% Apr 5 27 28 19% July 12 Jan Feb 80 May 14 No par County .Land' Co__ Keystone Steel & Wire Co 29 19% Jan 24 36 6 Jan Jan 96 V* 1 35% Dec 20 :3% Jun 24 Dec' ,42% Jan July 12 34% Dec Noy 101 9 35% Dec 1 9 25% Jan 50 Mopdal May 12 Kennecott Copper- 57 24 13% July 20 24% July 12 Saturday Par 63% Oct 11 LOW STOCK EXCHANGE $ per share 67 % Aug 50 YORK 27% May 13 93 % Jan NEW "18 w 17 t 433/4 44%: 44 44'/8 140 16 163A 433/4 44 2,200 140'A 60 17% 17'A 163/4 "173/4 •4,900 16% 16'A 153/4 16'/4 5,300 140 . " > .*139'A Regulator— pfd series A 1.50 45'A —100 120'A 45% 121 45'A 45'A 44% 119% 120% 1197/4 45% 121 45% 121 47'A 125 x46 46% 45'/4 14,200 122 123% 121% 3,590 , Chronicle The Commercial and Financial (2104) . . Monday, May 21, 1951 . NEW YORK STOCK RECORD Range for Previous Year1950 Lowest S per Range Since Jan. 1 Lowest Highest 37% Feb 108 V.Jan 26 Jun 27 4 Mar 7 27 187/. Jan 2 ,24% Feb Nov 10 83% Jan 2 93% Feb 27 25% Jan 29% Jan 34 V4 Mar 20 25 73 9% Jan 3 Dec 28 73 15% Dec 26 Dec~22 11% lo Feb ..$5.50 27 11 35% Apr 9% May 18 3 52% Dec 22 48% Jan 10 13% Mar 73% Mar 47# Feb 10 31% Dec 30 21% Jan 19 Apr 4 11% Jan 13 41% Oct Mississippi 34% Jan 2 39% Feb 2 16% Feb 10% Jun 13% Ferb 30 Mar 15 73 Dec~21 Jan 24% Jan 25 3 11% Jan 23% May 11 21% Jan 13 67% Nov 24 b4 12% Jun 27 29 16% Dec 20% Jan 29 15'A Dec 23% Jan 22 57 Oct 19 26% Jan 3 13% Mar 25 12% Jan 19% Dec 13 19 9 Jun 29 '14 44 Jun 29 Jan 2 52 3 31% Jan Apr' 25 Jan 2 18% Jan 25 Montana-Dakota Morrell Motorola *89% Motor Wheel 23 Mueller 16% Jan 20% Feb >8 12% Jan '51% Aor 15 15% Feb 26 6 23 55% Jan 8 Munsingwear Inc Murphy Co (G C) Feb 1 112 4 ,23% Feb Mar 17 109 ' 23% Aug 30 20 2 . Jan '45 Mar 26 36 % Jan 13 43 Jan 13 16 July 13 22 May 20 17% Jan 32 Jan 3 53 " Dec 21 51% Jan -23 Jan 13 34% Dec 18 52% Aug 30 53% Jun 12 - May 14 27 49% Feb 66 12 3 22% Feb, 2 2 79 Apr 4 % • 31 30% 307k 83'A 83% 82'A 83 3,400 15 143A 15 10,400 32 32 % 32 32% 32'A 15% 32 % 32 32% 4,800 10% 15% 33% 11 15% 10% 10% 10% 10?'# 10'A 9?# 10% 23,300 63/4 61 62% 60% 51% 61?4 62'/# 57 ?4 61 21,800 33% 37% 14% 18,. 31 32% 30% 32% 31'/# 31 30 31V# 37,700 38 38 38 38 38 % 800 14?# 15'A 1,400 31% 37'% 14% xl8% - ' 10% 37 V. *37% 14% *14% 14% 14% 14?, 19'/. 19% 18?'# 19 85 86% 85'A 87 18% 18% ' 18% 19 V 18% 86% 88% 17% 90% 19%, 19'/.. 18%* *14% 46 45% 46% 45% 46 28% 29% x27?k 27% 19% 20% 18% . 18%' .« 18% -18% i*14%, 14% *14%- 14% *51% 51% x51% -51% *111 112 % v. 112 112 21 21 20% 21V. <"41 48 • *47 48 60 ' 60 *60 62 28% 29 27% 28 19 19% 20 preferred 1. : 50 — & Bros 23'/. No par 23% 23% 70% 16% 16% 16 " 16'A 16?, *14?#- 46'A 28 % 28?# 28 *27?'# 18 % •t »47 62 3,900 *52 13'A - 1,300 52 ?k . 1,600; 62 -*60% ■ 111% 203/# 20% 203/# 20?; : .*47 *60'/# 48% '/ : 48% „ ' 63 140- ; 111 111 ; *47 •*60'/# 48% *47 48% *60% 1 20% 20% 20% 10,700 18 Vk 13% 1 52 51?. Ill 112% 700 ; 27% 20 V# 18 ;. 13 % 13% : ' 1 ♦111 112 • 4,100 19 V. 20 V# 18'/. 52 700 5,100 . 27% 27?4 20 18 V. -14% 4,700 28% 19% 51 % 15,200' . 14% 45?4 27% Xl3% - > 5,900 - 16% 16 14?# 18 %'- 14 51% 47,700 23% 45 19 V. 18% ; 20% 7,000 ' 71V# 14 3A 28% ■ 27% 51% 23 'A • '45?# 15 46 28% - - 14 V. *111 18% 70'/# 23% . • 15 45% 15 18% 85?# 11% 71?, • ' 900 83 23?# 71% J V 19 *183A 70 ?# 23% 72% 16% 20% 4,100 " " 71 29 29% .28%. 28%. 2—100, com—10. > - ?8 14% 16% 14% 91 • 37 % 16% 5» of America Myers (F E) 31 83'% 15 14% common > 30% 83 15 1; preferred Murray Corp 28 2 52., Jan 4%5fc 30% 15% 16% Mullins Mfg Corp 18 30% 83 16V# 1: 600 15 *14% 5 440 30 82 I 10 90% 30% No par L • 30% 23-}# 72 Corp 90% 30 86 23% 71% Co 90% 30 62 19% 45% 15,200 90% 30 90% 23'/# 84 15 V. 33 18% l 11,200 21'/# 23'/# 30% 23% 72 % - No par Co Oct 30 *28 Share• 47?4 106 *104 30 90 % *28 16% S -No par Corp Brass 91 % $ per share 106 22% 22- Sales for the Week X47% 47% *105 106■ 20% 21% 91 46 3A 47% ' *105 20% S per share share 46% 47% 106 23% 72% Co (The) 3 Products $ per share 46% 89 18% Lines May 24 - 113 13 5 Inc Motor 9 May No par Utilities Si 10% 62'% ' 30% '*37% *14% *18% Co Co (John) 29 21% Feb 33 20 1.25 Tool Chemical Montana Power Mar 21 29 Machine Monsanto 8 27 V# 20 Monarch 16 40 % Jan * $ per 30 *28% 30% 83% 15% 33 11 63% 31% 40 15 30% *85 15 V. -No par com— Moore-McCormlck Jan 18% Feb 29 . Montgomery Ward Si Co 18 *28 Corp—_ 10 9 15% Mar 15 - RR 56% Dec •108% July 12 15 74% Feb Fuel Carpet Mills Hosiery Co Inc Mojud 5 14% May 14 18 42% Aug 24 30% Nov 14 20 V. July 17 2 Jan River Mohawk 91% May 11 19% May 10 -24 V. Apr 3 2 19 7» July 13 49% July 13 91 preferred series A100 ^Missouri Pac RR 5% conv pfd_100 10 77% July 26 *9C% 7% 9 14% Jan *104 20% 25 preferred conv 106 21V# 1 May 16 *105 Friday May 18 Thursday May 17 Wednesday May 15 48 48% *105 106 21% 21% 90% 90% 48 100 preferred Mo-Kan-Texas 9 6 18 54 9 16% Nov 20 No par common Mission Development Co 33% Mar 12 30 47?% No par common Minnesota Power Si Light Co-No par Mission Corp 1 10 30 21% Jan 1st $1.50 2nd 89% Apr 3# 16% May 3 May 15 & Mlnneapolis-Moline Co 9 32% Feb 2 Jan 13% Apr '32 32 2 Min Mfg $4 preferred 14 27*4 July 26 3 Minn 9 46% Jan '4% Jan May 107 PRICES SALE HIGH Tuesday S per share t per share Par 54 1 Dec 27% Dec May li ' AND Monday May 14 Saturday STOCK f per share 20 May 84 July 19 16 103 YORK EXCHANGE 21 97# July 12 67 5 NEW Highest $ per share S per share share Sep 104 LOW STOCKS ' 9,500 1 1 " 4 , 100 62 N * " 6%' Jun 29 *31 ■ Mar 15 * 12% Jan -14% Dec 27 23 Jan 13 20 31% Dec 26 175% Jun 30 12 - May 27 16% Jan Dec 28 35% May 4 ',-.16% Apr 13 '21% Apr 21 15 18% Jan 39% Jan 17 32% Jan ■ 186.. Jan, 2 , 9 ' " ,,14% July 12 Mar ^Nash-Kelvlnator Corp Nashville Chatt ' ./National National 12 -National Biscuit 167% May 18 -*0-184% Jan 9 35% Jan 20 - July 13 •42% Jan 2 15 11 11 14% Dec 28 ■!l,% , 2 * 2 Jan 19 14 - : May 15% Feb Co preferred National National 6 ; City National 9 Container Lines 15% 20 19%. 19'A No par- Inc,— 54 ■■i •, ' 171 10% 13% 168% 34'A- 8 15 'A 15?. 14% 19%^ 19% 19% 19?# 19 19 18% 18% 34 : 33% 33?# 15?# . 33% *. 14% 13% ■ 13 % 10?. 12?. 13?. 13?. ;-i9% 13%- ; Cylinder Gas Co— 1 .13% 13% 13% 13% 46'/. 46 %' - 110 168 7?# "5i% 10% 12% 14% 13?# 12,400 10?# • . 2,400-' 7% 13V# 15,400 14 V* -4,200 > '■". 13 ' 7,800 H 10% •• 51?. Xl2% . ■ 51?. ■f 10% 52; 10 % 10?. 167 % 8 7% 50% 51 53% 12?. *167% •* 8 .7%. v 34'A 169' 33?. • /•« - ' 9,600 15% 19?. > 19 ;! r 19%: ♦167%: 170 10?. 13'% 13% 350 1,500 34% ; i 51% 53% 10% ,10% , % • ; ; 65% 34 66% 34'A V 15'/#- 168% 8 [ 64% 66 % 33?# ; T8% 20% ■19% i34'A* > 33?. 8% 53% 54% 19 19,300 20 19?. , 66 % 33?. - National 20 19?. ; 20 19?. v! 65% ' i5%"4 19% " 34 8 .10% v 1 34 15% ; • -19'A *169 g '.13% 1 66% *33% . 20V. ; 33% .33% 8 . • 20%* ' 172 4*109% - 15% 15% 20>A •<" 19% 10 Co - 15% ' —100 — Corp Cash Register.. 34 34 19?. 68 65 34 20% 67% 33% 1033% common 20 67% " 20% 1 8 National Can 54% May 11 ,11% Feb 24 13% Mar 26 10 27 9% Jan 2 • 9% Jan Feb 11% Oct 7% July 12 6% Jun 27 10% Jun Jan 7 Fibres Inc Corp - :.Y 20 -33% 1 > Action 20 .67% ■ 1 1 Airlines -.National 2 >100 3 r.Natlonal Automotive 13 5 >■ * 31 Co— 22% Feb 8% Apr 29 46'/a Nov 24 5% July 13 Acme I , Louis St Si , 2,200. t 6.700' 3,700 • , ; ' 36 15 July 25 35 102 Mar 13 185% Jun 159 11 25 x% Dec / 5 2 r 2 Jan 13 Department National Distillers 4 156 2 17 31% Mar 29 Jan / National 1 U Jan 4 % Jan 2 Nov 24 25% Jan 2 27 47% Mar 14 27% Jan 6 15% Apr 27 71% Apr 4 23 % Dec 29% Oct 9 National 9 National 32% Feb 16 20 x85 Mar 14 22 May 18 20 24% Dec Shares Steel 9 11% Jan 25% Feb 2 2 16% Apr 30 Natl Jan 3 10% Feb 15 8 - . Vulcanized Range for Previous Range Since Jaw 1 S per t per share Lowest Highest; , Co tper share NEW Highest •' share YORK 9 ,y; . 17% 170% v %. H 35% ■■■;■' 27% 17?# / 28 •26?4 27'A 26?. 27% 88 87% 8 8'A 87% 87% 22% .22% X22'/, 22'/. *16 16 V. 8% 9 8% 22% 16% 8% .22% 16% 16'/. Monday,! S per share SALE HIGH t per share • ( per share May 16 100 27% 26% 21,500 *86 22 250 87% 22 % 2,300 16 -15?# V 1,000. - 9% 9 9- - ,Thursday V 2,800 « Sales fa* the Week ^ May 18 - t per share « Friday • , ;■ May 17 * $ per share ;= 9 . - 28 % *28 PRICES , -' 9 . Wednesday:- , May 15 • 16, - 9 Tuesday; " May $4 \ 16 . . 9 9 LOW AND , 10,400 88 vt Par 300 49?# 26?. ' 22%. May 12 27?# "48'A 28.I/4 89 Saturday 25,900 *27% 49% 16% ' li ?« 27?, ' *27'/2 48?. 22'A » 5,300 ,28'A 16% i-. 3,100 28% 22'A : 9% 35% 49?. 28'/. 20 9 *28 89 50 >' 34 49% 22'A . 144 - 28 ?4 27% - ,140- 9% 35% *28 89% ■■■•• *141'A r 12,100 / 35?. li *9 .48% *16'/. / 144 ' . 172 49 27% - *89 11,600 18% 73% *171 29 , 7,600 98 71% 171% *141'A 28 28 17?. 98 , 1. 50% 49'% *28 29 ?. 28 73 170 ?2 • 35% ii 35 : 18 99 9 9 u - ♦27% 27,900 70 r 144 *141'A 9 36% ii U 27'% 49% ,27% . 36'A 35% ' • 13,300 29% *96% "* 172 172 144 9 20 28?. » 71 69%" 172 *141'A ' 9 19'A 29?, r 99 *96% 71 46'A 20'/, •46?. - , 18 j. 177#' 5 99% ; 70% 144 27l/2 *28 .1 tper share 18% > *98 / 171 ... 9 36 '"49?# • STOCK EXCHANGE ., 171 ♦141'A 142% }i No par/ STOCKS Year 1950 . Fibre 99 '72% 45% 20 29 20 29?. 28% ■ >X45 46 % 45 %- - " No par 10 Natomas Co 3 Lowest Corp Corp Sugar Ref Co—__No par National Supply (The) Pa com—10 4%.% preferred 100 National. Tea Co 5 14% Jan 28 14% Oct 172 9 National ♦29% May 7 89% Jan 30 2 18 Dec 89 July 13 7 21% Jan 21% Dec July 13 10 % 2 72 45?. , 18%. i8v. 27 V2 13 46?,20% " 29% 99 35% Jan 19?. 29 142% 1 Natl Malleable & Steel Cast—No par Natl Power Si Lt ex-dlst No par 28% Feb 20 »A 30 74 *171 100' 46'A. 18% 74 100 Corp 46% 19% 29'% • 99% 18'A -*98 .10- preferred B— " Mar 22 26 30 1?. : " 19% 30% .18% —No par i._i preferred A „v 8No par common.. National Linen Service 9 Mar 56 Co 6% 26 38% May Lead 7% 25 9% Jan . Stores. Prod National Gypsum Co com $4.50 preferred * 29 185% Jan National Dairy Products—,.—No par v. National . 21% Mar 22 76% Feb 53 % Nov 28 35% Mar 31 - May 11 103 • Apr 24 8% Apr .,31% Dec 22 29' v 141'/. May 21 9% May 31 4 22'/a Jun 5 , Nov 170 Jan 30 V2 May 18 65 Jan Jan 2 98 July 13 18 l7'/« Jan 7 Jun xl50 .7% Jan 50 23% Feb ; 4 10 69% Dec 29 10 178 « May 17 18-" Apr< 26% Jan 21 22% May 31 ' U Jan x45 13 20V4 Dec 22 "27% Dec 20'/a July 17 ;94% Jan Nov 50 July 17 14% Mar 30 Share$ $ per share ' ' 8% Aug 1 .14% Jan 13 - 12% Feb 17% Feb 102% Mar 10 99 10 'A July 11 10 :-105% Feb xl05 Jan 13 Apr 18 42?. Jan 9 Feb *7 11'A Jan Apr 13 ;98 Apr 6 104% Dec 18 •99 26 20% Nov 22 5 116 Apr' ^8% Apr 2 8 75 -Apr 29% "Apr 39 V2 Oct 17 36%" Jan 10 3 21% Dec 21 '19 188% Oct f 3 180 Oct- 30 loo 29 152 13y« Jan 4 19 Jun , 6 Apr - Jan ' Mar 15'A Jan 17 92 '/a Jan 24 38% Jan 4 12. 46?#'Apr 27 -< 16 230% Feb 2 N Y 156.^# Feb 13 10 28'A Mar 29 42 56 Jan 26 Dec 13 : 27 " 6% Jun 28% Jun 31 41% Jan 21 54'A Apr 3 N Y 25 "New 93 Dec 2 Feb 20 N Y & Harlem RR Co— 25?# Jan 18 N Y Dec 27 46?4 Apr 4 59?# Jan 17 12 15'% Apr 4 22 V# Jan $5 9 100 Feb 18% July 13 24% Mar 24% Dec 15 29 85 Dec 14 91 91% Dec 22 97 ?4 Jun 98 26 19 JUly 17 4 3'/2 Jun 4 2 Mar 23'A Mar Mar .29 88% Jan 8 87 % Apr 25 94 Feb 102 Feb 6 92 Apr 19 Oct 19 10 Jan 10 ■■ 39% Nov 24 35'A Jan 9 53?. Mar ; 6 - Feb 24 26 May 17?# Jan 17% Dec -18 Gas & Class 5 8 North American Feb 13 North American 5 Jan 3 Mar 6 Northern Central 8 39?s Feb 23 31% Jan 2 35?4 May 2 Northern Natural 3 33% Dec 28 31'A Jan 2 '40% May 10 Northern Pacific 9 % Dec 15 Mar 22 9?« Apr 10 81 May 18 88 » Ry X90'A Dec 106 % 27 97% Jun 15 85% May 7 July 13 109 % Dec 16 106'A Mar 3 97 >A Apr Jun 27 14% Dec 15 V# Jun 26 20 32% Mar 28 12 % Jan 12% Jun 29 28% July 12 • 25 24 95 "' Dec 21 26% Feb 14' 18?i Dec 20 18% Oct 9 19?# July 11 90. July 8 5 2 15% May 10 • 26'/# 26% 26% 26% 26'A 91 91 91 91% 91% *90'A 21?# 22 21% 26?# 26 26?'# \17?. Dec 15 % Mar 31 16 35% May 26 112% Mar 30 V# Jan 100 Jun 22 46% Dec 28 20 % Dec 28 20 Jan 9 28% Nov 22 -1013A Oct' 5 -.f# 102 9 90 ' Apr 18 May 17 May 19 2 25?#. Jan 2 97 S Jan see page 24. 17 ?k 177/# 49?# 48'A 49 16 15?i 16'/# 26'A 26'/# 26?# 26'/#l 26'A 91'A *90% 92'A 90% 90% 215A 21?a 21?# 21?/# 26 26% 26 9,300 26?# 8 5,400 4,400 * 21% 26'A *81?# 21?# 21% 26% 83 26'A *81?s 13,600 ■i 4,400 83 *81?8 83 4,100 130 83 *81?# 83 *81?k 91 *89'A 90 89'A 89 V# 100 *89'A *89'A 90 *89'A *94% 95 *94'A 95 9 4'A 95% *94'A 95% 95 95'A 130 11 11 10% 11 ll'A 11?'# ll'A 11% 10 % ll'A 2,600 46% 46% 46% 46'A 45 46'A 45'A 45% 45?# 45?, 44% 45 % 1,300 48'A 48?# 48t 48% 47% 48 25 *26 ;..l - 50 Co 10 Ry *26 26% 18% 18% 18»A 18'A 18 15% 15% 15'A 15% 15% 15?4 15?« *82 ■ 35% ' 46'A 48 26'A 26 26 18 18'A 18 18% 19,000 15?# 15% 15?k 15'A 14,100 15 47% "3 »81'A 37,900 200 20 83 83'A 35'A *82 83'A 82'A 82% *81% 35'A 35 35 % 34 % 35% "34% 34?. 34?# 34?# 10,100 38% *82 83% :35 V# v .100 *26 26% *26 18'A *26 18'A 48'/# 26% 47% 47? a 26'A 18'/# . 1 Co Gas . 37 38 ?i 37% 38 38 38'A 36?8 38 V# 41,800 10 10 V# 10 10% 10 10 % 10 10 V# 13,400 33 38% .'38 10 10'/# ,10 10 V# 83 : <__I10Q i : 86 ?4 • *108'A 86% 87 87- • 108'A 109 86% 108% 87 % 87 86% ♦108V+ 108 % 109 108% • *87 86'A 88 87 ,340 109 % >108% 109'A 210 993A *108% *99 V# 99 ?i 360 * $1.10 Northwest* Airlines series.— Inc 100 -common 10 preferred 25 Telegraph ——-.60 Northwestern 21 8 Norwich Pharmacal *99 . ,'199% " 14V# 14% ; 2 ?% . 99% .*99% >14% , 23 22% ".*24'A -J .lil i t Ml'/# ——100 Co- 33 . v ^ 99% ' 99 ?4 24%-' 24% 14'/# ; 14%' 22 V# -. 22 ?4 24 3A" "25- 19% 15% 19 31'A 19?# - 31 Vk ; 99?4 S9?i *99 % ''14%? 14V4 22 V*-"227/# 19% *105% • 15 23'A '■ *24% - Jan 17 99?#. Feb 24% - 19% common - 31'A '"I9V4 - 31 % 51 y# 13# Jan 31% Mar v.. 27! *54% Apr 27 21% Feb 28 20 Ohio Edison Co a7a r# 105% 105 7 k 3*2 May 17 110% Mar 12 Ohio 31 Vk 24% 14 ?4 21 % 22 % 24 ?k 24 'A 24?# 25 680 '19'A MS 'A 19 3,900 14 14% , 22 Vk } 19%. 14 22?'# 19'/# :• • 13,700 - -11.000 4 % 106% Mar -8 4%% 1111 il hum L.100 *92'A 92% —No par com 10 : 53 V# -53% ; &-Electric Co preferred Oliver Corp 11 ii.iigiiuii i.. v>i9% —20 .1 common convertible^preferredY_. 100 111 106 31?i .31?* %31'A "31% - 105 'A 31?k rVt 3*2 . . ; ■ 105'A 105%. 105'A 104 91%52% / 90 -104%. 104?4 /104% . .15,000 401,600 i- . 300 - OIL Co_- Okla Gas 8 6 4.40% preferred 3.90 preferred iV 1 . (Minn)— i'.—__ 100 5 him Por footnotes 60 17% * 2 4 27 43% Mar 29 19 V# Jan -440 - 89 380- 11'A preferred 26% Jan May 51 89 15% 49 3 . ' .2,900 5,500 *320- 89?# 380 17?i 21% 26'A 51 52'A *89 1,900 • 18 55% preferred 4.6% 26% 21% 5 Preferred 24 % May 10 - 18'/# 90% $4.80 27 17?# •11'A $3.00 - 2 106 ?i 16?'# *90 25 Common 16 49'A 16 »A * , 104% Dec 16 Apr May 103?# Feb 24 19 Vi Jan 28 94% Feb 109 25 22"% Dec 28 23'A Jun 8 10% Mar " 211 106% 17% -95% 10 Ry 19 205 17?'# 48?i 16% 1,800 T-51,100 19 3A 19?# 3,000 . 42'A 106?# *51 - ' 20 ... 1 com Northern States Pwr Co 13 17'A 49?4 15% *26'A . 2,800 - 90 Aviation Jan 88 % 17% 17 ?4 41 19 7A 32?# 32 , • 80 *79 •' 30 1,200 105 19% 32?# *320 48 '/4: 99 210'A 89?# 380 16% ! 190 10,400 19?# 52% *89 *320 -700- . 12'A 105 -42Y* 2,600 , - 94 Va 106% ; 18 52'A ■ 8 9'A • 20 81 >42 I06?i 52% 380 19% : . - •206'A 208 106?4 17?. 101? 32'A 37 99 12% *79 • 19?# 19?# : 18 *89 Co 17 42% - 208 ; 18 8 9'A 79% 32 Va- '41'A 42 106?# 52% 20 - 32 V. 50 83 preferred 78% Jan 79'A ■ 12 V# 12 r -105% 105 • 106'A *933A 94 »*98 - 16'/# 26'A 4 13 28»A Dec 19?4 c •4 .20 *320 105 •' 214'A 17% 89% 81 101 '» ; .103'A 37- 93% • 11?# 37 ; 700 100 19'/# Feb Western r ,207 51'A >98 ' 17?# 16'/2 *81 ?8 I 2b % Jan & •12 V, 32?, 106?4 380 12?', 49 34 18»A 100 X52% Feb Adjustment 51'A *86'A 12'/. : 20 % - 19% - 17?. *320 49% 16% 100 7 19 18'A —No par 4 15'A Mar 28 54 , 105'A '42 ,,106?#. 107 17V# 94% 101- i. 81 43'A . '94% 12'A T 32% 20% v37 95 19?i /'•; 215 37% 105 ' 33 19?4 12'/# *36% *104 106% 12 *98„ • J 83'/a ~ 213 4 89% 48% 100 A Norfolk 19 ?4 380 20% • . 43% 17 '/2 *86% *320 ,•■■ 33 107 ,17?. No par preferred 3.60% preferred — 3.90% preferred Noma Electric Corp Nopco Chemical Co 8 , 211 VA - *104 , 1,300 Corp— 3.40% 9 ; 107 •, i*81 *43% 19?. 211 107 15?4 16 16 : 37% i- 12 V# v: 16 11?* ' - 11% 15?4 11% 11?. .1Q6JA 12 . *94Vi 101 107 33 43% •; Niagara Mhk Pwr Corp com.No par 7 83%. • ,'*36?4 „ ^"12% 12 20'A .• 33 II1/. \ 11% *104 106% •; .11?. : 95 : "*98 21 -*81 ■, 37% , *104 .'V 12% ,*36% :*94% *15?# 15?#..- 16 106'A 12% 107%, *50% ^..-^..50 preferred 5 50 46'A May 18 27 21?e Feb 28 7 12% May May Elec State $8.75 23 1 101 107% preferred..—No par Common 1' 17 *98 11?# .11'/. 11% ll'A- .16% *104 12'A : 21 New Y 95 12'A; : Haven & Hart RR Co. 100 '; Preferred 5?4 series A___.__lbO ^ N Y Shipbldg Corp partic stock—1 17 Apr 25% May ' 15?b July 12 10% Jan 13 99 May 20 ?4 Jan 31 Mar 29 16 5 24% Dec 4 , 82 Jan 9 5 90 103% Mar 20 July 26 Dec 9 x28?8 Jan 25% Jan 5 15 non-cum • cohi!rpon.T_JNq Apr 17'A May 15 28?a Apr 12 Dock 91 410 N 21?b July 27 York 3 17 16% > >36% 95 A—r;'._^..lpQ; City Omnibus Corp.,.—No par 36% ; 100 com 16V. 106% 11?. 1 11?, ..12% No par _No par St Louis Co preferred series J«n ' 28 52 - Central Brake.. Jan 73 215 19 20?# Apr 27 14% Oct Nov 73% Nov 21 246% Apr 177A Dec York - Chic Si " 200 *15% *104 100 / 5 Air 6% 48?4 May 10 • 1 * — York New 3 26'A Jan common— Inc •New 13 3 Inc 4?4% preferred Co (J J) com JNP Par 3% % preferred 100 New England Elec System >. 1 New Jersey Pr -fc Lt Co 4% pfd_100 Newmont Mining Corp 10 Newport Industries common 1 4 V4preferred 100 Newport News Ship & Dry Dook 1 Jan.20 , ♦11%" 11%: n% Newberry 20 23% Feb H Jun Feb 103 Apr : 2 ' ' •• Nesco 12% Mar .6 2 21 3 "July - 34% Oct 4 3 11% Jan 90 128 102 11 807A Dec 26% Mar 29 24% July • 93% Apr 103 66 % Mar 14 - 3 Apr Corp Ndsner Bros 11 11 35 16 Nehl 19 23 10?4 Jan • 18% Feb 2 Apr 5 58 18 8'/2 Jan 13 V# Mar 23 July 25 14 V4 Jan 5 -15'AJan 104 42% Nov 25 -July-18 x99?4 Sep 10?4 Jan v 106% Aug 11 11 Vb Jun 13 7% July 13 34 28 1111ru.il UTiin ii.[#iMilliiill -•'•.92 %• 92'A ',52% 54%, 52 ?k -.54 19?# )97i 19?k 18 »A 18 18?# *91 92% : 91 ; 5i 1 19 i# '19% 18% • * 18 *18 - • i • 18 % ,19 •" - 30?« 30?4 303A 10IV4 101% 101'A 101'A •29% .30'A 101 102 * ; 29 %*100 • ;30;A. 101 - :3o%> 100-V4--100% " ; 51%T'52?k ' 19?#.- 120 -*19- • 30% ^:- t - • ; : 4*90. " •- 90" [ L 51?4- ' 30% - 18% / ' 90% 52?#"' 19% ^19?# ' 19% *18 .* 19?# • .. v , • --19VA -... - • 29%2*30?aW J riOO". vlDO-^- .-'610 t". 19,400 " 2,300 . • -700 10.100 '450 . • Volume 173 Number 5013 The Commercial and Financial Chronicle ... (2105) NEW YORK STOCK RECORD Range for Previous STOCKS -Year 19f>0 Lowest Range Since Jan. 1 Lowest Highest „ Highest f per share - ■" •• . $ per-share..: I per share 3 95 3 Jarv 15 ' Apr 113 21 11% Apr YORK STOCK Nov 10 100 20'A Jan 20 27% Sep 22 25 30 42 % Jun July 26 ' 23 14'/+ July 10 19 -' Oct 72 82 57 Aug ,2 . 'A July 12 ■79 * - 14 Nov 13% Jan 105 20 33% Jan 25 39% Apr 21% Jan 78 27 19 73% Feb 2 Omnibus 5« 28; 17% Feb 27 - 2 Jan 25% Feb Mar 24 75% Feb 5 Jan Apr Corp Otis Outboard 2 16- Par (The) common,. 5 ii% preferred A—100. —.■ ', 37 37'4. *19% 12.50 78 100 *25 *11%. *100% 26 37% 19% 19% 77 77 78 78% *76'/+ *11% f 12 11% 100%,' 100% 26 *25 %. 26 36% 19% *18% 78 *76'/+ 75% ' 76% 11 tHWeet" Shares 530" " 26 36% 37 37 V«- 8,800"- 18% 18%. 77 77- 77 76% 76% 76% 77 : 3,700 2,800 ■- .40a ; 60 - P 13% July 17 97 Oct 11% Apr 7% Jan 21 Jan 6 17 Jan 3 104 Feb 25 98 Jan 16 21% Dec 20 19 16% May 12 17 '/a Jan 10 1 49 22 3 1 65% Sep July 12 Sep 27 57 %• 21 35% Jun 48 July 26 55% Mar 10 28% Apr 3 98 % July 13 18 38 Apr 103 Jan 48 142% July 21 2% Jun 29 8% Dec Feb 152 7 4 3% Jun 27 Apr 16% Jan 13 Dec 138 34% Jan 13 64% Feb 3 25 x40 Mar 15 Feb 20 28 22'/8 Oct 5 21% Jan July 20 1% Mar 21 48% Nov 34% Jan 26% July 11 6 33% Aug 22 9% Jan 20 6 18% Dec 18 5% Apr 15% Apr 17 9'% Dec 23 % Dec 29 6 20 18 27% Mar 10 X24% Mar 9 Mar 110 Jan 27% Apr 26% Jan 18 5 3 10 18 64% May 10 34% Mar 27 Jan 3 Pet Milk Co common- 27 56 Apr 105% Feb 13 100% Apr 82 3 Jan 66% Dec 29 59 % Apr 62 % Dec 14 57 27% May 26 26% Mar 17 10 25 23% Apr 116% Mar 23 26 2 110% May 9 110% Feb 3 Apr 25% Jan 99 24 104 114 69% Jan 17 110 Lowest $ per share 4 4 15% Dec 27 Feb 97 Jan~22 19 % 86 Mar 17 96 Nov 22 92% Jan 24% July 3 14% July 17 40 Dec 29 38% Mar 16 148 Mar 163 1 Mar 22 25% Nov; 21 155 174 30% July 17 27 56% Mar 9 18% Dec 10% July 17 Jan 71 3 6 18 30 Jan 17% Jan 23 8 125 Nov 24 4 Jan 2 135% Jan 13 145 19 July 28 9% Sep 20 38% Feb 14 May 16 141 31% Dec 30 23 4 21% Jun 30 24% July 12 115% Noy 8 1 8 18 30% Feb 2 27 107% Mar 31% Jun 30 48% Nov 26% Feb 27 48% Dec 30 Oct 106% Dec 26 25% July 18 109% Jan 111 May 17 83% May 16 .21% Jan 24 % Apr 4 12'A Jan 3 73'A Jan 13 27 3 July 13 103% Jan 35 For footnotes see Nov 7 Feb 48% May 54% Feb 21 7 13 reb 2 Jan 22 3 29 Feb 6 16% Jan 2 21 Mar 16 76% Jan 3% Apr 2 82 21% 21% 99 104 % 106 66'% 67% 68 % 65% 67% 60% 60 % 603/4 27% 27% 1103/4 60% 67 * '' 60 27% 27% 500 10% 41,500 *4934 50% 103'/2 *102'/+ 103 % 211/4 24% *60 X21% % 10U I,400 19, 10 % 50 33 % 117 ' *17 10% 30 102 % 22 % 21 % 21% 4,400 21% 213/8 21% 21% 3,000 27% 24% 25 50 21% * .500 * 10 108 108% 114 65% 66 66 % 68 663/e 68% 60% 60% II,800 60 a/4 61% 60 60'/a 1,180 27% 28 27"% 28 8,900 24'% 24 24 800 ;lo5 ■ . % 110 113 8,100 Mar Saturday t per share SALE 70 "l0 PRICES Wedn^day Thursday May 16 Friday May 18 May, J \ \ Sales for the Week 13% 14 13% 14% 14% 14'A 14% 22% 22% 22 3/4 14% 23% 14% 22% 14% 223/4 14% 22% 23 6,300 223/a 22% 22 223/4 87%, 87% 87% 11,100 88 88 88 88 100 5 : *87% 51% *100 f per share 88 87% 87% 873/4 51% 51% 51% 51 *160% 100% *97% 98% *98 101 *97% 98% 100% $ per share .,,.51% 50% 100% *100% 51% 99% *18 19% *18 19 *18 193/4 *18 19 3% *95% 99 *953/4 99 *953/4 99 *95 3/4 99 84% 85% 84% 86% 833/a 85% 83% 42% 42 3/4 433/8 42 43 41% 42% *12% 13 *12% 12% ♦34 34% 34% 34% *12'% 13 *12% *34 34% 34 *101 102% *101 *16% 16% 120 16% *110% 13 34 ' 102% 101 16% 16% 120 *110% 101 98% *101 16% 16% 120 *110% 19% 18% 19 18% 183/4 17% 10 No par No par (The) Co conv & Publicker $4.75 23% 23% 79% 79% 87% cum 79% *26% *146 6,900 18 183% 18% 18% 3,600 ' *150 *163 29 9,300 *150 . 165 ♦162% 165 150 7,700 9,000 23% 22% 79% 78 % 87 *85 273/4 *26% 148 *146 23% 223/b 23 23 21% 22% x77 77 *77 78% 77 77 *85 863/4 *85 86 85 85 27% *26% 27% *26% 27 26% 26% *144% 146 •144% 148 *144% 148 *12% 133/4 59'3/4 60% 593/4 *49% 51% *50% 51% *50% No par 10 17% 17% 173/4 18 17% 17% 17 17% 13% 13% 13% 135/8 13% 13% 13% 13% 233/4 38% 22% 22% 22% •: 13% 23 % 22% 78'/a 87 133/4 23% 23% *13 23% 23% *13 23% 23 13% ♦13 60 60% 60% 51% 50 17% 50% 17% 13 3/8 133/s 13% 70 40 100 146 23% 2,800 13% 59% 49 % 49% 17% 173/a 1,700 13% * 61% 133/4 7,400 13% 13% 13% 13% 37 37% 36 73% 71% 71% 71% 713/4 71% 71% 223/4 213/« 21% 22% 21% 22% 21% 22% 92 92% 91% 91% 91 26% 26% 26% 26% 25% 26 273/b 277/e 27% 27% 26% 2734 500 36 71% 5,300 13% 37 . 13% *36 93 *92 93 91% 22% .92 " 10 26% 26% *26% 26% 26% 26% Indiana__No par 28% 28'% 28% 28% 273/a 28 100 *112% 100 112 110 40 28% 3,900 61% 114 99 40 9% 73% preferred *97 40% 42% 233/4 *92 29 97 93/8 60% No par 28% 97 401/4 ' v.f 42% 38% Colo 2,700 93% 73% of 80 16% 120 9 % 13% of 16 ♦110% 9% 73% preferred 16'/+ 120 9% *123/4 5 16% 101 9% 38% com 100 700 101 9% 13% Inc 9,000 34 93/4 13% 13% "v 12 33% 42% 24% *50 42% *11% 42% 61% 51% 41% 12% ' *12% . 100 34,800 42% 73'% Co 166 f 18 85% 42% *61 No par preferred . 133/4 373/4 133/4 *36 111 91 9,300 300 , 5,GOO 10,600 260 3,400 13,900 112% 111% 111% *110% 111 111 111 84 84% *84% 85% 84% 84'/a 93% 84 83% 83% 84 84 ;__No par 22% 22% 223/e 22 s/8 22% 223/4 22% 22% 22% 22% 22% 22% 16,700 preference com__No par preferred 100 24% 24% 24% 24% 24 3/8 24% 24% 243/4 24% 243/4 2434 24% 21,500 1003/4 101% 44% 45% 46% 46% 45% 46% 10,700 50% 51% 503/4 513% 49% 513/8 25,600 com dlv Oil 23% *85 166 ' 983/4 99 43% *36% 3%% Pure *23% 93/4 *150 168 200 42% 1 4.64% 4.08% Pullman 27% 148 *166 8,600. 43% preferred series A__50 Pub Serv El & Gas $1.40 *26 % *146 *150 169 43 130 50 s/8 102 823/4 101 *110% ' Shares 34% 101 ' 1 B Industries Serv S'% 160 *166 43 12 % 18% 5 Gamble Public Serv Co Public 9% *85% 1 Pocahontas class 43% 40 5 Plough Inc Plymouth Oil Co Creek 169 43 100 Pittsburgh & West Virginia —100 Pittsburgh Young & Ash pfd 100 Co *150 *165 100 1st series prior pfd Pittston *150 42% 18 *953/4 85% *34 16% *973/4 193/4 99 84% . 50 ♦101 102 *18 120 19% " 51% *95% ' t per share 101 *100% , 102% Forgings Co 1 Pitts Ft Wayne & Chic Ry com__100 7% gtd preferred 100 preferred class A 101 84% Pittsburgh 5%% 50% 101 98 5% $ per share 14% *98 Inc (The) *100%' 101 *100% *100% 101 46% 47 46% 46% 443/4 46 52'% 52% 52% 52% 50% 52%' No par (The) No par 100 *108% No par common *30'% 110 30% 109 30% 101 109 30% *108% *30% . 110 30% *108% 109 *29% 30 102 111 103 *108% 110 29% 29% 6 *36 36% 35% 353/a 35% 6% preferred 100 Quaker State Oil Refining Corp—10 *143 144% *142% 144% 144% 144% *143 144% 142% 142% 26% 26% 26% 26'A 2G% 26 26'A 26'A 26'A 19% 19 78 eom SW Feb 8 9 Ralston Purina Co 3%% pfd 5 Raybestos-Manhattan Jan HIGH Tuesday May IS May U 111% 3 Radio Ctorp of America com.JNo par $3.50 1st preferred No par pictures Corp —1 RKO Theatres Corp 1 40% Mar Monday 1073/a 111% ._i 8 5 107% *24 I per share 4% Jan 103 *49% * 21 106% 2 2 10'/2 493/4 28% Quaker Oats Co 48 159 Jan Jan 20% . 10% 103% 40 5% conv preferred Purity Bakeries Corp 33 21 *102 *97 ' 6 95 20% 10% 49% , X28% 5 16 119% Feb 6 13 10 page 24. 19 Feb 27% Feb May 16 Apr 27 50 103% 29 31% Feb 18 18% 18% 41 109% Apr 25 18% 18% 98% 8 24 21% 1163/4 40 2 24% Nov 24 21% *32% 117% 98% 27% Jan 3 Feb 19 107 21% 59 33% 117% 103/4 50 *102 60'% *323/4 28% 106% Mar 1 100 Feb 30% Feb 26 95% Apr 25 34"% Jan 30 Nov 95 13 .41% Apr 2 46% Mar 28 23'A Apr 31 26 9 80 29% Jan 91% Feb 33% Apr 4 142% May 17 18% Jan 17 23% Feb 13 10 Jan 2 , 10% 50 102 59% 33 117 19 29% 4%% 28 10% 50 102 60% 33 116 116% 19 40% Procter 23 10% 33 116 98% 17 30 *32% 19% 29 11 2 10% 51 103% 33% 117 *19 40'% 16% Jan Jan 10% *50 *1°2 21 % *32% *114% 98% Co Potomac Electric Power Co Pressed Steel Car Co Inc com 26% May 18 3,400 19 29% Coal Pond 25 60% 19 61% 40% 80 14 60 62 99% 41% Jan 26% Feb RR Poor & 28% May 31 t 61% 62 29% 10 Apr 90% Jun Louis 28 30 69,600 40% 70% Mar 15 14 St 28 10 20% *97'/a 35% Mar 15 123 & 19 Jan 19% 1 12% Jan Apr C Feb 90 20% 25 14% Feb 1 20'/+ 21% 5 Consolidation 19 19 103 C 29 Nov - 20% No par 2 common preferred Pitney-Bowes Inc Dec 91 4,600 42% 57 2 273/8 105 % issued" 19% Jan 20% Apr 27% No par 16 % Mar 14 24 27% 21% No par com $4 71 % Dec 25% Nov 27% . 100 Corp Petroleum "When 19 38 Jones preferred 13% Jan 4 , *107 % 27'A 20 106% 100 49% May 18 8 Dec 23% Dec 2 12 20% Dec 85 31% Jan 14% Apr 19 Jan 9 63% Feb 22 80 3 Feb 2 16% Mar 27 18 3 18% Dec 13% Jun May 18 9 Jan 33% Jan 147 200 107'A 27% 213% 100 Pittsburgh Screw & Bolt Pittsburgh Steel Co com 10 % Jan 52% Nov 3 preferred 3.90% series preferred 10 51% Jan 15 July 4 109 1,700 5,500 w 27'A. 106% common 4% * 27 Mar 22 Philip Morris & Co Ltd 17 Jan 7 13% Dec Reading Coal & Iron Corp common,. 3%% preferred series A Pittsburgh Plate Glass Co 10 11% Jun 56 , ♦107% 13% 26% 20% " Phila & 1 54% Oct 38% Jan. 16 27 Jan 109 107'A 13% 26 27% LOW AND 21 12% Apr 12% Dec 7% Mar 23 24 132% Jan 98 24 May 12 Feb 30 Apr •20% 13% 20% Pitts Coke & Chem Co com__No par ,v $5 convertible preferred—No par 2 74 20 *20 27'A Pitts 2 77 30 27 20 20% 109 21% 98% May 10 Jan 26% May 13 Dec 26% 22 26% 20 'A *107 26% 42% Jan 29% May 10 18 76% Nov 27 26% 26 % 23 109 21% *110% 46% Apr 10% Jan 32 26% 27 27 *22'A *107 26% 100 174 30 4,400 13% 21% 63'% 63% *32% 34 *115 117 STOCK Phoenix Hosiery Pillsbury Mills Inc Jan 17 Jun 61% July 25 119% 13% 5 Philco 15 35% Apr Jan 8% Apr 67% 13'A ' Par Phillips May 4 37% Jan 25 7 13 STOCKS 86% May 11 43% May 11 155 164 14 21 13 66 % 26 % EXCHANGE 5 Dec 9% Dec 3,400 133/, 67% 21 common—_No par NEW YORK 3 Jan 37% 13 663/8 108% Feb 153 1,160 37% 67'A ♦107% 22 Mar 21 40% Oct Mar 30- 7 17'/a Mar 29 21% 37% 66% 107 Pitts 24 21% 37% 67% 109 5 17 21% 37 67 *107% 5% Oct 21 % 36% 69 104 Phillips Oct 21% 36% 21% 37'A '21% 37% 109 7 21 21% 37'A 67% ' *107% 5 110 8% 109 Mar 17 ,8% 109 Feb 11% July 14 8% *107'% 4.3% 20 2 8% 22 100 4 96 Jan 200 8'/2 10,200 4,600 preferred Jan 4 16 ■7% 17% *101 28 26 *7% 16% 111% 95% Feb 17% Sep 7% 163/4 104 95% Feb 104 7% 16% 8% _,1 $1 conv preference com. 17% Jan 2 7'A 17'A *101. 16 27 7'A 16% 83A- *110% 19 19 1,100 7% 17% 8% 104 107% Jan Apr 10,000 17'A *' 1103/4 104% Jan Jan 34% *101 8 99 2,800 55% .34% 103 27 12% Apr 54% 343/4 111% 99% Apr 31 55% * 98 9 54% *34 *101 14 Jun 106 34 104% 21 16% Apr ~24 34% Mar 23 9% Mar 31 28% Dec 101 % Dec 56 33% *101 15 41% May 10 55'A 34 '*7% 104 49% Jan 76'/« Mar 15 563/, '34 *101 2 8 ,55'A 34'A 3 100 19 9 48 % preferred 25% Feb Feb 22 3/8 3 3.8% 17% Jan Dec 22% *46% 3% 9 7 20 22% 48% 3 27% 24% 2 97 22% *46% 3'A 24 % 13% May 80% Dec 29 22% 48 % 3% m% 87 3 9,900 22% 24% 20% Jan Jan 28,600 111% 1 14 8% 24% 3 May 30 7% *110% 16% Nov 22 91% Aug- 8 57% Jan 27 Co 8-y# *46'A 47% 3% 57 *34 8% 27 % 25'% 111% 96% May Dec 5 8% 100 4,200 98 27% *24% 23 % Dec 107 100 23 % 45 % *96% 22,400 31 44% 98 *109% 4 103% Dec Electric 56% 23'A 31 45 100 15 30 23 8% 32% 44% *96% No par 18 100 % Oct 3% 27 33 %c 1 $ per share May 11 *46% 3% *31 45'A preferred Dec 23 49% 8% 33 98 4.4% 11% Apr 58% Oct 8'A 44% *96% 11% 8 84 % Jan July 17 102% July 17 8%. 233A 13% 109 No par _ Corp of America Pfeiffer Brewing Co i Pfizer (Chas) & Co Inc— 23 20 46 98 3% 68 26% Petroleum Highest $ per share 44% 98 23'A 22 *31% 44'A *47% 49 *20'% *107 32 44% 8% 23% *31 11% 99 *98 8% 7 5 : - Range Since Jan. h Highest 44% 99 373A 100 preferred—, V Year 1950 44% 33 ' 12 Feb i Range for Previous Lowest 40,000 *31 19 Jan 26% Feb 106 11% *13% 10 100 Phila X115 11% *37% 68 •• 10 Phelps-Dodge Corp,! Philadelphia Co 6% preferred-: 9 11% 22 50 28% Mar 24 Apr 17 11% 33 23% No par 63% Mar 27 4 Apr May 17 48,400 1 Pennsylvania Salt Mfg Co Peoples Drug Stores Inc Peoples' Gas Light <fe Coke 19 18% Jan 5'A *47 100 12% Jan 22% May 9 22% Mar 12 5% 8% 1 Glass Sand Corp com 5 44% Mar 27. t per share Corp„ Cement Corp —_! Peoria & Eastern Ry Co Pepsi-Cola Co 11 11% 44% No par Coke 3 17% Jan 1,500 12'% *98 —25 preferred 4%% 8% 11% *31 1 Penn Power & Light Co Pennsylvania RR 9 8% 11% 5'A 11"% No par 27 34 8% 5% 8% 24% Feb 6 *8% 5'A -17% 125% Feb 6 18% 8% 5% 8% *21% 8 17% Nov 24 18'A *8% 17% 2 9% Jan 18% 8% 53/8 8% 4 Mar .4 18 3/4 8% 5'A 17% Jan 106% Jun 1 18'A 8% 5% 8% & 20 8% 5% ? Jan ' 18'A 9,900 8% 5 Penn-Dixie 5% 19'/a 350 340 5% 5% 73/« Coal Penna 19'% 5'A 8% *7% Jan 56 Jan j 5 23% July 20 23% July 18 - Penn 6 52% Jan 28 102% Oct 23 15% Mar 16 May 17 19% Apr 8 105% Oct 20 8 19% 5'A 5% 73/a 18 85 % Dec 5% 33% 32 25 5% *7% 17% 115 51% Jan 5'A 33 % 6 Jun 5% 19'% 5% 2.50 10 25 140 53A Co Feb Jan 5'% 5% 1 Penney (J C) Co 37% Feb 5% 1 No par Proof 26 107 108% 140 Transportation Rust May 19 20% Dec 22 13 28 Parker 10 12 108% 140 56%' 40% Feb 36 % Feb 109'A 139'A 56'% 74% Jan 18 Dec 3 May 1,700 108% No par Co 3,300 39 "4 109 a & 12,700 50'A 38'A 139% 3'A Davis 32 % '50% 39 'A 139% 3'% 4 Dec 112 Parke 32'/+ 51'A 109 51% 1 11 139 7% July 12 July 13 July 12 2 32% 109% Corp Jan 64% Nov 27 29 11% Jan Pictures 36 24% Jan 39 139'A Tilford Distillers Corp Consolidated Mines 13 9 50'A 39 1383/4 Utah 64% Apr 27% May 24 22% Dec 20 30% Aug 22 28 <fc Park 28 27 103 Park Q 25 % Jan 2 51'A 38% 600 140 Refining 30 20 50% 38 3A 39 100 38% Mar 17 23% Jan 51% 38% 10 100 20 139% Corp. 5% conv prior preferred Penick & Ford X106 32% 50% *51 % 970 19% 139% Patlno Mines & Enterprises—;.. Peabody Coal Co common 21 19%. 32%. *138'% 8 30 19% 32%. 100 14 Oct 19% 323/« 109 10% Jan Dec 19% 32 »A 39% 21% Feb 22 19%, 32% 109% 16% May 18 110 19% 32'% 51% Parmelee 9 19% 32% 1,100 39% 109'% 16 6 July 14- 15 57% May May 14 *19% *38% 8% Jan 18% Dec 10% Jun Jan 4% Jan 27 19% 39% 51% 3 X20% Apr 40 39% 11 xl06%Jun 107 57 35 57% 40 109% Airways Inc & 28'A 5 7'A *108% preferred Prod 28'A 58% 40 32% par 4% 16%, __100 —— 13 % Dec 7% Apr 29 18% July 26 *39 No par 8% Mar 28 : 39% —No par com 70% Nov 13 31 July 31 53% Apr 25 41% Feb 4 18 Paramount 11 Corp 6% Apr .; *39 102% *163b *39 25 31% Jan 29 8 14% Jun 10 11 4 21% Jan 45% May 26 Dec 39% *100 % ' *19% Pan-American Petrol & Transp„_5 Panhandle East Pipe L com__No 8 45% Apr 9% Jan 4 25% Feb 3 Apr 40% Jan *56%. -.58 Electric World 25 24 58 102% 16'A *57'% par Amer Panhandle 22 *56'/a 16'As 58% — Pan 5 27 29 58 *100% 39 39 Pacific Western Oil Corp com new_l 4% preferred —10 Packard Motor Car No Feb Dec 4 7 18 104% Jan 4 46 % Jun 16 *28% *56% *57% par Pacific 33% May 20 96»/2 Apr 7% Apr 9 29'A. Pacific Mills 6% Mar 28 29 'A; Pacific 13% Apr 28 30 1 2 16% 30 5 21% May 7 8% Mar 16 18 %■ 102% 16'A 30 No par Consolidated 18% *100% 29'% 49% Feb Tin 19 16% Pacific Teleg 13%, :__10 non-cum Lighting 193/,. 102% *16% nqn-cum—_No Telep & preferred 19 100% 16% 6 Mar !9 102% 16% 3 113 19 19%, *100% 16%. 54% Mar & 19 102%' 16% Pacific Finance Corp of Calif— __10 Gas 19 *100% 5 9 6% 8% Jan 19 ;_100 lnc 20% May 34% Mar Pacific 28 38 prefererd 14 4% Jan preferred preferred 2nd 30 8% Dec 17% Feb 1st 15 6% Feb 19 Mar 19 Feb 151% Jan 11v conv 44 10% Mar 14 107 Co. common 8 May 28 49% Mar 20 Aug 15 5% Feb 1 Coast 17 27% Oct 102 Pacific 6 12 % Dec 17 9 May cum May 5 18'% May 15 ' 18 % Apr Fisheries 5 6 4% Jan Amer 31% Mar 27 18 _No par com Pacific 3 x49% Jan Sep 26 Dec 8% Dec 29 Jun 8 37 4 Inc 4% 6 30 3 Sep 27 23 Products 19% Feb 2 111% May 23 43 Pabco 1 May 15 27% July 11 15 % July 27 30% July 26 Mar 21 101% Mar RKO 100 No par 26'% 19'A 36 36 35% 36 35% 103 109 29% 35'A *141 103 700 35'A 90 26 3A 800 19% 18% 19'A 18% 19 183A 19% 18'A 19 Va 77% 77'A 77% 76% 77 77 77 3'A 3% 3% 3% 3% 3% 3% 33A 3% 3'A 3% 3 3'A 98 *97 37% 98 97 97 *97 38 38 38 38 98 38'A 1,500 143% *26'A 3% 37% 300 200 77% 37% 250 30 3% *97 340 109 3'% *77% 79,900 76% 76% 1,600 3% 3% 33/8 3% 38,500 3 3% 3% 3V+ 25,600 *97 38% 98 38 s/s » ■- 2,900f ,4 100 ♦25% 19% *76% 78% 100? ' 36% 19% 77 77'A May 18 8 per share 36% • Sal e» for Friday .- May 17 t per-share 12 101 *25 36% 20 Thursday ' . $ per share % 37'/+ 78%" ' 'A -'May 16 • • 77 PRICES' Wednesday 11% 100.. 26 *19%. . 11% 101% 37%'. . 20 77 Co 101'/+ *■25 SALE ■ I per share 11%- 11% • 26 No par Glass • 102 *25 HIGH Tuesday May 1.5 • f per share Mi% 102 10 ;— Owens-Illinois May 14 f per share ————No p*r Marine «fe Mfg_.„.—2.50 Co Monday- May 13 Elevator Outlet LOW AND Saturday J Convertible 131 v Jan 82 • Oppehhelm Collins— 12 Jan • . EXCHANGE . $ per share 3 ' , NEW - . . 10'A Jiii 2* 97 *38% 97 38% 40 1,500 Financial Chronicle The Commercial and Monday, May 2f, 1951 .. . (2106) 22 RECORD NEW YORK STOCK Range for Previous Year 11)50 $ per share 3014 Jan 13 20% Jun 29 28 Va Dec July 39 Apr 25 32 Mar 14 37 21 20% Feb 20% Dec 19 16 % Apr 3 21% Jan 5 9% Dec 16 9% Mar 14 x25 Jan 3 12% Feb 123A Mar 30 6 July 3 Aug 8 56 28% Jun 22 12% Oct 9 23 15 1 - 58 10% July 17 Jan 20 93 % Aug 22 10% Jan 13 19% Dec 85 19% May 2 90 Jan 11 177/8 Apr 4 12% Mar 15 27 100 22% Feb 9 4 13 25 16% Dec 28 July 13 5% Jan 30 3 % Apr 19 4% Jan 30 11% Feb 1 9% Jan 2 10% Feb 5% Jan 3 8% Jun 13 47% Nov 20 Jan 13 117% Dec 30 14% Jan 32% Nov 20% Jan 13 ,6 Jan 100 8% Dec 3 15 Dec 15 ♦ 32 Jan 30 Dec 30 7% Apr 28 July 13 31% Dec 27 13 107% Nov 27 3 20 155 107 , Apr 105 15% Jan 20% Jan 28 34 47% Jan 3 60 1 8% Jan 3 12% Feb 99% Dec Mar 24 Nov 55 41 20 7 23% Oct 27 24 % Dec 21 42% Jun 30 62% Dec 21 Jan 98 Jan 24 Oct Apr 3 122 11 29 10 4 90% Apr 14 •18% Apr 5 Oct 28% Sep 39% Dec 1 . 20 25 41 52 % Apr 16 11 Feb 26 24 107 Jan 3 Mar 28 38 Jan 8 93 % May Feb 6 101% Sep 20 112% Sep 21 18 Jun 30 33 % Dec 27 33 84% Jan 9 Oct 17 87% Apr 7 16 5 92 102'/2 Apr Jan 123 2 f 12 86% Jan . 61 10 20 Jan '3 Dec 22 60 Jan 3 83% Nov 20 78% Jan 25 16% July 26 21% Feb 2 17% Jan 3 31 July 17 20 t 22% Jan 15 Feb 14 18% Feb 8 Seeger 16% May 4 8 6 14% May 31 Dec 29 98 % May 17 88 Apr 72 12 30 89% Apr 8 $ per share 17 24% Jun 34% Oct ,28% Sep 27 37 Jan Nov 10 23 Jan 2 24 7 . 51 12% Jan ,11% Dec 14 14 % Oct 6% Jan 13 11 Dec 3 26 10 47/e Dec 29 2% Mar 31 25 Apr 19 53% Feb 28% July 13 17 % July 13 76 Dec 30 Dec 30 75 31 Jan x34% Jan 36% May 29 25 Jan 28 88 21% 22 53% 54 54% 53% 54% 1,700 11% 11% 11% 11% 11% 11 11 2,100 11% 11% 35 35% 34% 35% .*98 - 983/8 98% 99 43% 43% 43% 42% 43% *20% 20% 203/a 20% 20 Vb 2OV4 20% 20%' 27% 26% ..;27% 633/4 63% 63% 34 % ;983/4 42% 20% 20% 27% 20Vb -27% 63% 63% 633/4 27 • 320 320 320 310 315 140 140 140 3 102 Feb 23 22% May 26 May 21% Jan 25% Nov 24 25% Mar 15 106 Jan 20 118% May 24 14% 14% 13% 14% *91% 93% *90% 92% *91% 14% 14% 94 *92 3% Jun 7% Jujy 50% Dec Jan 28 8 53% Apr 29 14 49 11 25 22 55% Dec 30 36% Jan 3 28 10 % July 12 13% Mar 16 11 18% Dec 18 23% May 25 19% Jan 6 - Feb 53% Jan 1 36% Jun 12 45 42 17 40 Jan 19 19 19 19 % 19 19 19% 19% 19 19% 3,300 3 6 3/4 37% 35% 36% 36 36% 37 371% 36% 37% 25,400 48% 48 48% 48 483/4 48 48 47% 47% 1,800 48% 48% 48% 107 *104% 107 *104% Apr 11 67% Dec 21 51% Dec 50 53% Jun 29 70 58% Jun 28 67% Dec 27 10% July ,12 14% Oct 13 3 10% Feb 15 4% Jan 5 Apr 60 Jan 3 99% Dec 28 : 20% Jun 26 25% Jan 3 8% Mar 30 66% Aug 15% July 1 5 77 Jan 101% Nov 15 100 Jan Dec 28 33% Dec 18 13% Dec .28 85 Sep 21% Dec 40 113 '25% Jan 30 77 35% 353/4 353/4 353/a 353/4 35% -35% 35% 351% *88'A 89% 88% 88 % *88% 89% *88 % 89 */2 *116% 118 Va *14% 14% 14 A4VB 14 % *86 87% :*86 119 *116 19% Jan 26 2d% Oct 23 96% May 24 22% Jan 17-, 2 4% July 13 121 136 3 jJuly 13 July 13 10% Dec' 8 .77% Mar 27 88 May 16 May 18 9% Mar-28 65 Apr ■ 14% 14% V 87% *86 58% *84 59% ' ,84 59 84 72 57 58 84 84 84 , 15 -1 No par- 75% Mar 2 :: $ per 9 . 17 Apr 25 Mar 5 16% 16% 15% 14% 15% xl4% lO'/a 93/4 103% 13%. Feb 1 78% Feb 1 13% 16% 2,000 *10% 10% 1 15 1 1 5 28 % 28% 56% 57 *16% * 33% 47 45 104 ;• 10 % 10% 10% 29% 56% 54% 56% 17 16.% 16% 16% 10 % 10% 10 % T03/a V, *4% 4% 4% 4% 33% 333/a 333/a 34% 50 % 49 % 50% *48% 393/4 39 Va 39% 38% 1 10 55% 56% 55 l63/a 16% 16 , '• 49% 49% 49% 49% S&% 37% 39% 85 V* 82% 85% 85 37 203/a 20 % 20% 20 Va *73% 78% *75% 78 Va *75% .78% 90 *85 90 *85 23% 8% 4% • 8% 8% 2,000 , 1,100 34% 33% 34 36% 37 Va 4,200 20 % 20 203/a 3,000 . 20% 78% *753/4 78. *75% 73.. 90 *85 *85 90 *85 90 23% 12? 122 4% 30% 30% 30% .31% 30% 303/8 31 5 4% 8Va 8% 8 *49% :i,500 31 Va 86,200 125 1,200 4% 5 10,300 8% 8 8% 125 43/4 23% 5 124 124 5 . 22% 23% 23% 23:% 23 Va 125 9,900 8% 83/a 49 % 50 49% 49% 61% 62 61% 62 44% 44 44 V2 43% ! 43% 33'A 33 ,33% 32% 33 Va 32% 32% 32% 4,800 33 323/4 33 Vs HVa 11 % 11 Va 11 % 11% 11% 11%: 11 Va 11% 86,100 20 3/4 203/4 20% 20% 20% 11% 203/4 44 Va 144% 44 44% 433/4 44 % 43% 44 663/a 67 67 67% 65 %. 67% 27,900 52% 53% 52% 533/a 13,500 67 67. 65 3/4 66% * 50 *49% 37 20 3/8 v *753/4 . 90 12? 4% 4% x20 20 Va 23% : 127 4% 400 48,500 . ■ 313/8 30% 12fi 128 % 37-% 34% 7 " 23% 23% 23Va 31 30% *125 '9,300 33.3/4 34% 36% ? 2,500 4 33% .84% 84 Va 34%' 38% 20% 4 34 " 35 *85 .7,100 10 Va ■ ' 333/4 38% " - 4,300 38% : 873/8 O) 6,700 16% V 50 38 "■ 700 56 , 10 ■ 4 290 30 *28 • 2,700 10% 10 : 10 4 4 *49 107 10 10 Va 33% 37 & Iron 6,100 106 106 29 34% 88 —25 Steel 18,400 45% 45% 29 4 39% 45% 44% 10% 33% 49 43% 29 10 4 Va 11,600 46 10 Va 16%'. 10% i 4 Va 33 Va 10 Va 56 33% ,>34 32% 45% 55 - Shares 33% 443/4 16 ■v: Sales for the Week *104% *28% 56 % Friday $ per share 104% 10% 29 16 3/4 40 33% . 46 453/8 46% 103 11,600 91 May 18 May 17 45% 45% 5,000 9% 9% *89% $ per share 333/8 103 800 15% 14% 1C Thursday - 34% 28% *28 , $ per share 33 Va \ 103% 10 Va May 16 45 ■ .:. 15% 89 9'/a 89 Wednesday $ per share ' 33% . 800 PRICES SALE HIGH 14% 143/4 Tuesday share 102% 613/4 com.No par Mobile *43 33 Va 11 Co Conv Square Squibb . *20% common $4.50 preferred D Co (E. R) 8 3/8 V 51 ... *49% , *493/4 51 V 50 160 Feb 8 $6 Feb 8 $7 prior preferred prior preferred 6 6 V2 103 103 103 -27 *80% ; 27 ' 3p% ' 78 22 22 54 23 % 88% No par 22 Va *80% 103> 103 103 23'% 883/4 12%. 9% '■91/2- -- 22 300 9% 9% * 70% 83 103 *101% 27 *26% 30% 30% 30% 30% 11% 11% 78% 78% 78% 22 * 22 22% H3/4: 78% - 78 % -*•*'21W <■>: - •. 69%70% " * 70% 145 *143 145 *164 165 *164 165 164 164 ■"--• - - r = 70Va' -70% *143 164 145 164 12 78 21% .7,700 22%, .8,700 " 170 -7,400 5,900 51 % 23% 9% *144% 1,500 . 102% .12% 7OV2 11% • 23 Va 9% 1461/2 < 77 12 51V4 12% 70% 300 30 % *101Va 9% •*144 Va 27 30 51% 12 Va - \ 26% — 30% 102% 23% 88'.; , •• 102% *101% 89 9% 27 *101% - 103 ? 23% 88% 102% 51% 52*% ; 52 23% 12% '*'12% 100 6 *80% " 11% 1,500 1,200 .4,900 ,5% 83 *101% 9% 53/4 5.% 1,900 :2,300 15% *5% .233% 88% 15% 15% 400 72% *80% " , *70 6 *101%' 103^ 23% „ " '* 72% 2,100 21 27 • • 52-53%t • 20% .83 101; 27 m"; ' * 43 Va Va *80% 83 21% -22 % 103 233/4 23% 88% "*88% 12 3% 12% 6 *42 67 . 5% 6 *5% 103 113/4 V-i' '54 - f. 53/4 6 . 15% 15% 6 • 30 ♦78 * 78 V2 r 15% 15% 1 66% *70 61% 54 53% 72.%. *70% 26% -'27% 53% 553/8 103 12% : 61 " ' *101% v 27 *72% *53A 83 „ *78 ' - 15% 30% 11% •,12v- 12 -78 *70 30 Va 30% 11% "•< 67% 6 - • a 53% 67 6 6 83 • 52 V . 153/4 ,.-153/4 61/4 *80 3/8 2 No par No par 16 *70 *6 /68 66 67% 54% , 61 43% *42 43 V2 .*42 61% 61% 613/4 61% 72% 53% •67 % - ■ 68% 673/4 •- *6 No par Stand, Gas & Elec -Co com—No par ■■ $4 preference — No par 172 68 *15% Standard Coil Products Co Inc__^-1 157% Mar 29 53% 72% - • 5 —— 20% 45% 68 Va 52% & Sons common—1 preferred 45 *70 No par 20% *44% 20% 68 $4 preferred No par Standard Brands Inc com—No par $3.50 113/8 67% preferred 100 Ohio stk tr ctfs_-„100 Inc 1 No par 1 62 45 Natural & ; , 25 California Edison—r—25 non-cum Spencer 1 1 $ per *102% Spenoer Kellogg '22% Feh 27 8 15,500 89 89 90 AND , May 14 47 Inc Mar 53% May 45 Monday 46 Spiegel 96 52%. 10 93/4 10 *89 tIA 47 Sperry 26% Feb 16 16% 47 9 9 -13% Mar 26 84 16 16% 473/4 5 30 *82 16% 163/4 46 3/4 14% Feb 56% May 85 *16 53% 47% 34% Jan 109 % Jan .2,900 183/4 *82 % 53 333/4 Chemical Co 4.60% pfd_100 & Sons 1 Corp (The) —1 Feb 18% 18% 18% 20 87 16% 541/8 17 Vb No par Spalding (A G) & Bros Sparks Wlthington Co 1 Spear & Co common $5.50 preferred 27 29% Feb 13 81 400 53% 46 % '39% 83% ,55% 33% *49 83% -16% 33 % No par No par No par 84 15 *8y share *83% 533/4 9% May 12 , 6,400 16% 15 Saturday' , r Indiana 5% 138% Mar*29 ' ' 58 57% 56 17% 91 *89 57% 56% 19 ■r 16% 1 *84% 82 17% 9% 1,500 14% 14% 14 Va 86 84 / 183/4 14% 9% V 14% 57% 57 84 58 17% , (The)— 5 • Gas & Elec__No par Gas Co——7.50 Southern Pacific. Co No par Southern Railway common—No par Mar 22 24. 20 .440 86 85% Southern South Mar 22 page 2,300 89% 14 38 .Southern 160 see *116% ■118!%. % 116 116 87%' 56 VB No par No par preferred 8% 174 For footnotes 11*6 *116 . 35% 35 *88% •« 36 Southern 10 105 ■ 2 36% Jan 101 % Apr 117 116% 55% Co South Porto Rico Sugar 9 82 3 3 Mar 16 5 Feb Apr 8% Jan ' Nov 30 107 , 7% Jan 29 • Jan 93 *104% 88% 1 , 24 74%-Feb 16% Feb ' 4 ; *12 -47% Jan - 3 k Smith & 9 75% Feb 30 2 *91% 107 35% "Socony Vacuum Oil Co Inc—,—15 Solvay American Corp 4% pfd—100 South Amer Gold & Platinum. 1 South Carolina E & G Co com_4.50 5%, preferred ;—50 18 64 8 , 93 *104% preferred _—: 100 preferred 100 Corona Typewriters-No par 3%% 3 Jan 35% Mar 47 - May 15 ,11% Apr 25 11 May *915/8 107 88 Va 5 1 Corp Alexander Inc 4.20 % 12% Jan 30 2 5% May 16 17 26 5 21% Feb 10 13% Jan Oct 81 8 45 v 65% May 18 67 Jan ' 4 6 29% July 26 July 13 89% Jan 31 26 Jan 6 106% Jan. 25 20 27 7% Oct 5 9% Jan May 64% Feb » 35% Jan 2 63% Mar 15 11 Dec 4 18 52% Jan 2 27 93 *104% 93 107 88 19 • * "May 12 Jun 49 *91% *91% *104% 93% *92 '93% *92 r 37% Smith 5% ,Jan 12 32% Feb 30% July 12 92% 19 *35 Va 5 130 3 32 % Apr *91% 92% 29,300 37% *87 3/8 5 31% May 14 May 18 39% Sep 31% Dec 130 140 13% 19 35% 25% Apr , 2 Apr 26 1,700 v 145 37% 38% 23 4% Apr 24 . ■ 13% 14 *91% 92V4 88 Feb ' 30 13% 38 80% Feb ' 5% Dec ' ' 14 35% 23% Feb 2 111% Apr 145 20 —10 —20 Smith ,(A 4 87- 4 148 13% 55% Co— Oil Skelly 8 94 14 Aug *145 17,100 305 300 148 *16% Corp Sloss-Sheffield 6 Feb Oil Sinclair 9 16 306 700 2,400 633/a 62 63% 305 •• 13,500 27 25% 27' *63% 306 *145 140 *130 263/4 63% 63% 16% Steel—, & Saw Simonds 5 16 76 Apr 26% 26% 306 *130 6,500 35% 98% 35% 973/4 43% *300 3,900 43 343/4 983/4 43 20% . 973/4 3534 98V4 1 22' 43 35% *16% Co Simmons 9 30 39% .May -14% Jan 88 • 25 19% Apr 8 *21% 53% • 82 of America Coalition Mines King 91% Apr 40% May 11 32% Mar 28 12 Mar • Silver 38% Feb Mar 14 18 , 22% II,800 19% 11% *16 Corp 17 8 33% Oct Mfg .Feb 41%. Jan 75 21% 19% 19% : 54% 18% Sheraton Corp 42% Nov 10 34% Dec 105 22% No par Pen A) Sheller 29% Mar 21 3 *102 11% 81% Corp— 8 35 15 (W Oil 17 . 4 20% Jan Shell Jan 6: 29% Jan 52% July 13 1,000 105 53% 18% Corp- 17% Mar 19 ■ 17 21% Feb Steel 11% Jan 2 35 Oct 105 22 81 Shamrock Oil & Gas Sheaffer 24% July 12 • 3 May 7 58% Feb 16 <- 26 3% Mar 13 3,400 135 22 % 43% Par 30 Mar 15 56% Oct 23 8,300 32% 134 54% 19 $4.25 cum preferred Shattuck (Frank G)__ 108 v Jan 12% Feb 4 15% Jan 20"% 31% - 54% 83 " 9 May 32' 22 19 Sharp & Dohme common 10 20% 19% 82 EXCHANGE 9 101 34% Jan 25 -V-Tv*. 9 2 Apr '■ 50% May ,6 1,900 135 19% 19 preferred 49% May 18% Oct •12,400 ; 130 v 19% 85 — 2 108"% Apr 9% 38% 55 No par 25 14 38% 19%: 19 & Co Sharon 8% July 12 105% Feb 8% 37% 20% ' *83 NEW YORK STOCK Jan.'l 35% Feb 3 32% Jan 3 46% Aug 28 July 25 '33 31% Apr 200 28 *27 9 *102% 130 1 $ per share $ per share 33% Dec 30 27 10,700 32 35% ~100 Refrigerator Co_^ Rubber CO— $4.50 Highest Lowest share 55% 20% *102% > 1,400 54% 38% 20% 19% 18% LOW f per 105 31% 55% 23 32'/« 130 138 105% 31% 22% STOCKS Range Since Highest » 98% 5 Servel Inc common 4 ' Lowest 32% 105% 8% 32 21% 20 .100 -370 32- 105% *27 , 20%. 38% 38% ■.:> 19% 9 , 92 55% 38% -No par of Del Co Corp gears Roebuck Range for Previous Year 1950 v. *102% 105 27% 8% . : 45 *90 ; 1,500 16,500 . 19 Co com_No par Seagrave 11 % Jan 9 % May 18 87% Jan' 9 *42 x31% 55% 27% 134 140 .•.'54%. .. 33% 92\ ■ *105% - *27% 56% > *90 32% 32% 45 *42% 105% 9% 1201 : ■ . 9.% 33% 45 32% 33% 32 ' 105% 33 20% ; - • 90 43% 5 100 com Seiberllng 58 25 8% Nov Oil Mar 14 16% Jan 13% Nov 32% 33 90 *42 1 35% 100 100 series A Co__i preferred Seaboard May 15 51 % Jan 3 21% 32% ; ; *98% . No par No par .1—25 Seaboard Finance 74 24 5% Jan *§% 16 91 May 20 Nov 55 14% July 28 40 Feb 19% Mar 19 Jan 12 - 15 May 11 17% Dec 27 82 25 47% Jan 10% J an 50 8 May 87 47% Jan 3.35% preferred Beabd Air Line RR 14 89% Feb (The) Co Elec Scranton 2 Mar 15 80% Mar 26 2 Mar 38% 20% 32% 33% 33 10,800 52% 188 188 > 10 *9% ' '0 2 13% Jan Mar 27 *38% 21% 10' , f - 135 185 * 17,100 50% 51% 51% 185 9;700 6% 6% 7 6%. 7 52 ' 10 y 55 , 51 .400 31% 31 11% Louis, Southwestern Ry preferred $4 preferred Scovill Mfg Co common— 3,65%. preferred 4,30% preferred ; 115% 33,500 ' 32% 31% 1,400 • 18% Stores common B preferred --100 St Joseph Lead Co_ ,-10 St Joseph Light & Power Co_No par St L San F Ry Co com vtc__No par Preferred series A 5% vtC—100 $3.40 7 Feb 95 17 Jan 112 24 Nov 115 Jan 31 102 28 12% July 12 9 41% Jan Mar 30 :io5% Feb 96 19 21% Jan 25 33% Apr 47 % Nov 1 38% Aug Feb 96 9 115% •115% '116 32% 8,100 9% >. . 54% Co—100 5% non-cum preferred —100 St Regis Paper Co common 5 1st pfd 4.40% series A 100 Savage Arms Corp_ 5 Schenley Industries Inc 1.40 * Scott Paper Co common No par •/ May 18 14% May 38% *102% 42% . 22 Safeway St May 11 145 Apr 96 ' 5 71% Feb 20% May 24 6 13 2 " 8% 32% 4% 12 30% Feb 320 11% Jan 140 '. 7% July 13 22 % Jan ■5 . 6 10 Apr 8 9 9 32% 27% ■20% 105 41% 42 115% 105% 105% 9% *38 Vb *102% 42% 42 6%. 45 28% 9% 144% 9% 184 GO 56% 9% *141 9% 31% 33% 33% *42 33% 140 9% 115% 9% ,9% 56% -t 28 9% 9%. 53% *27%, 57 . 189 *90 92; 106% 9% —6 (Jacob) Ruppert 21 Feb 1 51 4. 1.4 10 60% Jan 205 12 % Dec 12% Jan Jan Dec 240 26 Apr 22 - 101% Jan 13 20 Vb May 9 9% Jun 128 Apr 96 24 * 28 preferred series A. —100 Ronson Art Metal Works Inc.,.—1 Royal Typewriter 1—1 Ruberoid Co (The)No par v 43 *33 11,000 3% 3%. 7 G% 33% 42 56% 4% i Mar 22 39 % Mar 34% May 16 28 18% Dec 104 23% Feb 2 May 11 39% Nov 24 22 99% Dec 5 23 19% May 18 11 Feb 12% Apr 26% July 12 94 Feb 33% 106% 13 % ,3% 13%- 3% 41% 33 51 10% *90 33% 42%' 186 V 92 106% 6,700 12% 12% .3% " 44 '*33 20% 12% v 115% 26,100 94 3% • 1 600 20% 21% 21 12% .. 400 . 40 21 . *9% ■>'- io , . 18% 18%, *90 94% *90 ■ . 20%- 21% - 7% < 94 .- 19% 18% 18% *90 94%* v 58% - 18% 19% •• -t 31% 195 '" 10 %' *106 Controls 1 Rochester Gas & El Corp—No par Rohm & Haas Co common——20 *90 58 % 59 ,T18% / '53% 52% 33% 33% Robertshaw-FUlton 60 33 *90 20 Mills Inc—— Robbins *58% 9% *40 Copper Mines— Roan Antelope 9 17 *5.8%. 59%. 115% *189 10 .*9% No par No par Corp 10% - - - 100 9% 26 % *10% 10 ; *9% 12%-. 13% 3% ' 3% 7 *190 —1 9% *2 o% 10%, -41% " 10 26% 42% 53 195 I,000 3,100 *10'% 115% 7 . 53 *9% 16% '100 19 16% 16% *25% 42% — Company Ritter 24 ' May Mar 13 ' 61 ■i July 13 85 2 Feb 42 23 437/a July 28 8 33 % Mar 93% Jan May 12 1 19% Feb 19 July 13 18 4 31 107 Mar 17 14% Dec 21%' May 16% Jan 13 102 9% May 4 2 35 Jan 60% Jan 2 Apr 14 22 30% Feb Oil' Richfield 8 May 2 10 30 12 59 Rheem 7 * . 14% 16% ; ro% 32 % 14% ■19 16% 11 ' 33% *14%, 15% 1£% 19% 26% 115% 42% 116 15% 19% 16% •- •700 *10% *58%' / 9% 33 100 :_100 3.60% series 4,50% series Manufacturing Co ' 9% 42% —10 —— 3% 9% 33 *25% .3% 3% 32 11 13% ' 12% v 3% -2.50 Preferred Jan 23 23% Jun 23 34% Apr 10 50% Apr 11 Common Preferred 108% Mar 19 Dec 36 4 19 Jan 8% Nov 3 19 yB Mar 24 98% Jan 29" Apr 26 ' 24% Dec 11% Jan 20 89 % Apr 53% Dec 30 14 Jan 13 34 10 21 20% *115% ■ 19% 94 % 13 *33 25% *10% 59 19 *91 95 20% conv *. *58'% 59 19% . 11% r* . 21 1 —50c -10 Drug Inc Mar 31 28 15% July 13 4% Jan. Jan 45 105 13 37 y8 Feb 36 2 Jan 41 99% Mar 31 2 108% Jun 9 19 327/8 May 13 13% Jan 23 7 39% Jan Jan 10 50 39 Va Dec. 27 5 94% Jan 104% Dec 25 9% May 10 206 19 Reynolds Metals Co com No par 5 % % convertible preferred—100 Reynolds Spring Co , l—1 Reynolds (R J) Tob class B—-—10 30 Apr 30 Apr 58 139 i 18 Dec 150 8% Feb 25 11 11% 40 *0% 10 26 *93 Steel Corp com No par prior pfd series A__100 Copper & Brass com.No par 6% 9 5 34% May 4 6% May 18 38y<rJan Motors Inc *9% 26 *58% Republic 2 24 43% Dec 5 common Republic Aviation Corp— Republic Pictures common $1 convertible preferred 5 24 7% Nov Co 10 26% *11, *38 25% *9% 26% Rexall 49% Feb 118% Jan 28 Va Jan 3 July 13 5 Inc 16% -.16% 17% 17 Va, 17% 16% i.-e 800 2.000 ,v 200- 40 *18% 19 , 3,600 28%': v *38 *14% 15% 13% 27% •V 40 *38 33% < ■ Shares 49 38%-' ^4 V 39. , *14% 16 Revere 2 112 Va Mar 15 40 % Apr 23 Va Jan 103 35 39 19% __25o —1 Reo 17- 16% Jan 33% •14% preferred $4.50 - *19% 100 :_60c Apr 28%. 16 Conv pfd 3%% series Remington-Rand common Feb 64 5 Apr 14 y# Jan 37 23 20 Si Reliance, Mfg 13% Feb 10% Mar 31 . 14Vs Feb 20 36% 28% *lJVa div Reliable 28% Mar 36% 28 % *14% Co— prior preference 10 Stores Corp No par (Robt) $1.2<s 36% 28% 35% *39 35% 35% 37% —* Bit Co Bros Reeves Reis •• 62 % May Feb Silk 36% - the Week 6 share>■ "47%" *36 %" 28%^. 40% 28y2 40 > -48 % 48% 47% -47% ■ $ per S per share S per share , ■■■ 48% May .tit , 28% No par 60c MiUe Hosiery Reed Roller preferred—60 2nd non-cum Real 1 18 % Dec '.'22 4% 7. July 17 Jan 3 19% Feb May 17 share Sales for Friday -• Thursday May 16 47% 49% *36% '« 37% 28% 40 Wednesday $ per share 49%- 37% *28 - 16, 14% Mar 28 17% Jan 2 18 16% Nov 7 8 Feb t per 50 37% preferred 25 Reading Co common -50 4% non-cum 1st preferred-'—60 $2 Feb 9 34% Mar 22 3 —1 Rayonier Inc common 10 13 32% Feb 44 30 15 37% Feb 27% Mar 15 30 39% Feb 19 Jun 54% Feb 2 35% Mar 22 ' May 14-. May "IS * *49% PRICES SALE Tuesday May 15 Monday $ per share share $ per share 46 Vb Apr 49% Dec 21 36% Dec 30 1014 Jun " Par $ per 25 30 ' > , share *24% Jan 35 EXCHANGE ; Highest Lowest Highest Lowest f per ' Saturday STOCK YORK NEW 1 Range Since Jan. HIGH AND LOW STOCKS 23% *88 . -<70% •143Y2 io4 va 89 *87 Va 12% 93A 12 71% 69 145 9% 89 i2Va "9% 71 50 6,600 . , 240 2,600 "5,200 7,000 143 143- 100 164 164 Va 900 { [Volume 173 Number 5013 . . The Commercial and Financial Chronicle . NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest Range Since Jan. 1 Highest $ per share Lowest $ per share NEW Highest $ per share Mar 13 50 Par Standard Oil of California 9 Standard Oil of Indiana 25 Standard Oil of New Jersey Standard Oil of Ohio common 25 14 60% Dec 30 59 25 92 Apr 2 30 x69% May 90% Jan 4 1213/a May 4 39% May 11 105% Mar 9 25% Jan 4 35 18 104 18% July 13 26 Dec Jan 48 Dec 30 33% Mar 15 Aug 17 98 % Apr Oct 23 21"% Jan 6 54% Nov^28 1 40 Dec 29 12% July 14 16 28 14 26 % Mar 34 July 12 98 Feb 39% Feb 30% Apr 10 24 98 27 48% Dec Jan 3 213/b Apr 27 18 18 16% July 5 : 28 17% Jan .19% Jan 2 7 27% Jan 2 71 7 11% Nov 1 10 101 15 -116% Oct Mar Jan 25 Jan 58 - 14 % 14% 14% 5 393A 39% 393/e 393/4 :__100 *97% 98% 98 98% *98 15 41% 41% 41% 413/4 41 5 18 % 41% 18% 18 18% 17% 18 17% 18 17% 18 .5% prior Stone & Apr 30 119% Jan Oil 5 Class 25 17% Dec 19 17% Jan 10 21% Feb 19 30 24% Oct 18 Sunray 223/4 May 18 29% Jan 17 243/8 Jan 29 25 14% July 12 22% Dec 19 21"% Jan 49 633/4 Apr 11 56 July 13 8% July 12 195 Jan 370 9% Mar 30 35 Nov , 14 17% Dec July 17 July 13 9% July 11 116 263/b Feb .63% Apr 16 Sunshine 15 18 Mar 14 17% Jan 430 2 8 114 Apr Apr 40% Oct- 4 24% Feb 10% May 16 20 5 "32% May 11 3 15% Mar 6 18% July 13 Jan 26% Apr 18 88% May 31 10% Oct 25 4 5% Jan 13'A Jan 3 11% July 11 15 Nov 3 7% Apr 25% Dec 591/4 Jan 25 82% Dec 13 24% 8 16% May 4 Superior Steel Corp Sutherland Paper Co 4%% & Mar 5 1 3 Syxington Gould Corp 12% Jan 23 14 30 Jan 6ct"i7 2 23% Jan 21 23 36 '/2 May 100 5/8 May 2 81% Jan Feb 63% Jan Talcott Inc Texas Co 97% Nov 25 503/4 May 4 293% Apr 28 2 — "When issued" 395/8 Nov 24 34% Mar 7 53 July-17 89 % Sep 22 80 Jan 44 10 Feb 85 Nov 76% Jan 25 14 17 Jun 14 30 Jun 3 27 21% Dec 30 7% Jan 19% Dec 26 18 Jan Gulf 16 Texas Pacific Coal & Land 103 Apr 27 IO31/2 Mar 10 25% Mar 14 10 Gulf Texas 273% Feb 10 26 233% Mar 19% Mar 28 Sub 1 113/b Feb 27 14% Jan 31 1 373/2 Jan 2 40% Jan 12% July 53/e Jan 31 13% Sep 18 133/4 Jan 5 18 3/2 Jan 8 9% Oct 20 2 363/4 Jan 103/8 Apr 27 42% Oct 20 Mar 13 5 2 425% Feb 6 29 38% Dec 28 22 6 Jan 3 13 5% Jun 27 4 Apr 28 3/4 May 3 5 3 2 353/8 Feb 1 31% Mar 29 383/a Jan 2 Tide 3 Timken-Detroit May 191/2 Jan 2 443/4 Nov 433% Jan 4 10 15 Dec 17 Jan 43/4 Jan 20% Nov 24 33% July 14 9% Dec 18 103 30 x9% Jan 251/4 Mar / 4 49% Jan 30 10% Jan 9 4% i 223/4 1,200 34% 34% 34% 34 34 25% 24% 243/4 24% 24% 24% 61% 61% 61% 62 61 247/8 62 11% 11 113/a 11% 111/4 11% 62% 111/4 425 *405 34 418 405 128 1301/4 rl27% 127 130% 19% 113/4. 11 11%, 10% 10%' '33% 337/a 33% 33% 33% 335/8 *13% 16'%' 29 % 29% 29 % 29% 89% 89 *14 J/2 90 9 ',9 8% 13% *13'% 4%' -4% 100 Year 1950 fper share 14% 15 8 3/a (The) 13% 5' 10 3 Jan 3 94% 48% 48 48»% 94i% 473% 96 47% 253% 261/b 25'% 26'A' 25 26 951/4 353/4 97 95% 96 961/4 97'% 97 98'A 373/4 36 36% 2,900- 36 375% 36% 37% 7,300.' 375/8 983% 12 10% Apr 2 13 3/4 Apr Tri-Continental 983/i Aug 1 8% Jan 5 29% Jan 18 43/4 Jan .!' 3 103 Transamerica Corp 983% 97 97 97 943/4 95'A 94 94 91 94 26 5% 20 20 19% 203/4 26 3% 26 5% 191/2 19% 19'% 195% 193/4 265% 19% 1,700 14,200- 20% 20"% 203% 203% 195% 19% 19'% 19'% 19 % 8,300 195% 131/8 131/8 38'% 16 10% *12% 13'% 125% *193/4 20% 12% *125%; 13i% 193/4 '12 % 193/4 5 12 % 13 *38% 15'% 39'A-15'% 123% *38% 39% 383/4 383A 38'A 381% 16 *15'% 153/4 *38'A *15'% 383% *15'% 10% 153/4 10'A *15% 16 *10! *44 97% 10 44 43'% 4'%. *43 38'A ~ *15'%. 10'% 44 1 103% 2% 29% 365% 22% 363/4 23'% 47 47 98 4% .*4'% 47% 29 % 283/4 29% 3 29 - 37% 96 . 7% 37'% 98 2% 29 44 75% 96 37 30 26% 102 Apr 27 Mar 13% Apr 103/2 May 18 33 3/4 May 17 8 5/8 Jan 6 41 Jan 12 Jan Apr V 9 % Oct 5% 26 Twin prior preferred conv Coach May 15 -*23% 104 ' 16'% 20'% 20'% *335% 34 ' *100 -101'% .11% H'% *34 35 10'A 10 >% 1 Co 12'A 153% 20'% 333/4 *100 *11 34 >•,. 10'A 25 12%104'% / 12 23% . 103% 7% 10% Thursday May 16 $ per share 18 183% 18'A 183% '17% 233% 233/4 22'% 235% *23% 24'%, *233/4 24'% X23'% 23 % 11% 12'% "12% 123% 1033% 103% 11% 12% 103'% 1033/i 103'% 104 16'% 15% 15% 20% 153/4 16 20'% 19% 20'% 19% 20% 335% 335% 33s% 33s% 34'% 35 10'%'/ lC'A 16% .10'% 101% *100 11'A'11'% 101 11'% 11 33% 34 333/4 10'% 10% 103% 10 3/4 100'% 16'% 19'% *35 11 34 11% 34 Share* 183% 23'% 20% 33%101'% 11% 34 *100 Sales for the Week $ per share 23'% J 8,900 Friday May 18 May 17 $ per share , 200 . Wednesday 12'% 104% 1,90a PRICES » 18'% 23% 36 10% t SALE $ per share 233/4 125% 104% 104'% 50 9,800 10 Tuesday May 14 $ per share 233/4 12'% Twin City Rap Transit com__No par 16 10% 10% 13'% No par 10 10'% 22'% "23% 15% 8,100 12.900 lC'A 18% 5 $4,50 prior preferred 13% Jan 39 Co 48 % '-'".471% 24% Truax-Traer 23'A 473A 23 48% 18% 20th Century Fox Film com__No par $1.50 conv preferred No par 36 22% 233/4 23% 18% Feb 34% 23'A 363% 22 3/4 X47%' 13% 243/a Feb 363% 48 35% 23 3% 48% 24'% No par 30'% 22%*: 18'% 1 *27'% 47'% 24 No par 291/4 10'% $ per share 40/ '*?73/4 . Monday 12,6001 29% -36- ;■ 200 2% 36% ■ 97 8 2% 48'/4 ' 38'% 96 10,000, 2% 23'% ' 375% 700; 30 2% 36% - 110 43A 295% *75% 2% *28 t 60.. 100 5,300; 98 *96 80a 1,200- 383% 37'A 98 2% 8 473% 5 common *75% 2,400* 44 *4'% 30 23'% , 2 * 4'% 29®% 37'% *96" 2% A * ' 8 *,*75% 2% *28% " Inc 10'% 43'% *4'% 38'% 38 10% M0'% 5 10% 445% 28'% 8 *96'% < 10 3% *43'% l 431% 5 29% 4% 293% 38'% 2% 29% 103% 445%, *7% 8 37% *96 5 par 25 99 100'% *100'% 15,300 7,700 ' 60O 49,000 1,720 16% 19% 4,500 - 30,900 36'% 800 103 20O 10'% 11 1,800 33'A 333% 33% 640 10% 10 10% 3,000 :/ iifl, ■ U 10 Feb 13% Jun 39% July 14 10% July 17 26% Jan 13 40'% July 17 110'% Oct 96 30 22 13 Jan 2 473/4 Dec 19 473A Jan 2 13 'A Jan 10 12 'A Jan 2 37'% Jan 10 39% Nov 24 553/4 Dec 114 11 July 7 533% Mar 28 106 Jan 30 30 103'% Aug 18 993% Aug 15 100 90'A Jan 24 107'% Nov 100 103' Jan 24% May 2 35% Dec 28 30 81 Jun 27 105 50 Jan 9' 54 Aug 21 31 May 12 38 Dec 30 375% Dec 18 25'% Jan 106'% Jan 133/a Jan 13 3 112 Dec 18 Mar 20 Apr 26 Feb 17 87'% May 18 May 33% Apr 3 •15% Mar 3 58 May 11 15 May 3 48 • May 9 -i-61% May 10 112'A Feb 2 102 Mar 17 96 Jan 107 11 Mar 7 4 40 'A Apr 30 98 3A Mar 13 ..» 109'% Jan 3 48'% Apr 3 6'A Apr Apr 13 13 35 Jan 4 109 17% Jan 22 21 20 44'% Mar 13 63'A May 28 26'% Jan 18 32'% May 16 Jan 12 3 3% Jan 363-8 July 11 33% Jan 3 50 4 13 4% Feb 3 45 Apr 2 49'% Feb 13 4'A May 31 4 Jan 2 43% Jan 22 93/4 Mar 26 123% Jan 22 88 Sep 21 533% Oct 20 663A Nov 2 69% Jan 12 5 59'% Jan 2 73% Feb 13 10 23 Feb 9 29% Apr 16 18 15'% July 13 24 Jan 3 143/4 Apr 17% May 23% Jan 12 17% Jan 42, Nov 24 106i% May 23 213% Oct 24 38% Apr 2 100% Jan 2 135 Jun 5 1041% Jan 189 Mar 2 177 4 Mar 11 8% Jan 10 2a% Jan 9 20'A Jan 2 24% Mar 1 124 Feb 13 185 Jan 26 . 14 % Dec 16 13% Apr 3 19 Jan 17 64i% Dec 29 59 May 18 37% Jan 2 70 Jan 25 59 May 11 21 28% Jan 16 84'% Jan 16 38'%. Nov 22 22.% Nov 25 68'% Dec For footnotes see 29 page 24. May 15 63J% May 16 Freight Co I U S Gypsum Co common 1% preferred U S Hoffman Machinery com 4»A% preferred Industrial Chemicals U 8 Leather Co common + Class A conv preferred 5 - 16 —1 19'A 1 *19 1 46'% No par 110 19'A 32'A - *106 . 19% No par 20 100 5 100 No par - 4 4 463A 37% ' 4'% ll'A 11 *83'% 85 ' : 28'% 16'% 19'% 20 51'A 20% 283% 44% 43% 44% 8,100 59% 58% 593/4 22.300 * 16 18% *18'A 46 104 *22 112 *175 14 *62 57'A 22 *65 , ■ 16'% ; 48 3A *37 31 *32»% *106 28% 17,900 7.200 48% 48% 37'A 900 30'A 31'A 15,000 105 *104 32'A 27% *116 32% 32% 110 *106 2,500 104% 600 283% 26,600 120 300 32% 1,600 110 19% 19% 19% 193% 800 59'A 58 59 57 58% 13,400 32'% *32 333A 32 32 58'% 33/4 38'A 105'A 37 283/4 19'A 32'% 4 373% 103 H9% *106 19'A , 80 • 31'A 28'% 32% 110 102 49 119'% 119 80 260 38 *103'% 105 40 88 3% 3% 4 200 3% 3% *45'A 46'A 45'% 45'A 200 43% ; 4% 43% 4% 43% 4% 37,20D 10% 10% 103A 10% 10% 103% 900 82 83'% *803/4 83 82% 453/4 < 4'% 11 86 46 19,000 82% 270 19% 19'% 19% 19% 19% 19% 19% 1,200 49% 50'% 50'%' 49% 493A 49'A 50 1,200 691% -67% 153% 46% 22% * 65 - * 68% 67% 68% 8,700 20 20% 20 20'A 20'A 20% 22,500 28'% 28'% 28'A 28% 28'A 28 28'A 6,300 18% 44'A 45'% *104 105'% 21% 21% 107'% lll'A. *175 178 13'% 14 63 63 56% 57'% 21 21'% 65 65 . 68'% 21 16'% JL8'% , 112 178 14 69 383% 3 04'% / 101 102 37% 303% 27% 102 103'% 48'% 108 87% 38% 37'% X118 108 *100 , 1033/4 48% *103'% 19'A 18'% 104 22 *101'% 102 30'% 32% *18'% 19 18 % 58'A. 88'% 1,900 19'% 21'A 28'% 583/4 49'% ,68'A 20'A 28'% 51'A 69% 69 - 4'% 10% ?83'% ~ 86 193%> *19'% 20 51'A 693% 21% 46% 4'% 11 583A 373% 110 *18'% 4 46% 4'% 46%. 104 22 112'% 112'% *175 178 *14 14'% *62'% 65 58 'A 58'A 21% 22 / *65 68 104 22 No par No par 85 *19'% *50 69'/4 21'% *283% 13% No par 4,400 14 88 46'% 100 Corp & Foreign Securities 3,200 54 14 101 29 123 *46 Cig-Whelan Stores com__30c $4.50 1st preferred U S 323A 32'% *106 19'A 28 60'% Certificates of interest 143% 52% *87 37 *117 433% < *100 103 30'% 31'% 103% 104'A 124 -■ 101 333% . U S 32'A 110 *18'% 37 58'% United Paramount Theatres V .143% 14'% 108 3A *101'% 373/4 38% 102 103'% 48'% 48'% , *32'% 3% 1 4 *121 102 333% 9 11 *101'% 60'A 9 143% 53% *108 *86 59 % 183% Feb a 4'% 109 *100 *32'% 213/4 Feb Apr 127 58'% 88 333/4 22 % Feb ■'.<' *108 101 59% (Del) 1 United Dye & Chemical Corp com.l 1% preferred 100 U S 44% 59'A 1 4 43 3% *32 3% *46'% 4'% *10% 2 28 443% No par 12 48% May 14'% No par United Gas Improvement Co United Merch & Mfrs Inc.. 1063% Feb 14 Co $3.50 convertible preferred United 32'A 10 United Electric Coal Cos 25 46'% Jan United 14 Fastener Carbon United-Carr Corp 53'% 14'% 88 37% common___10 Carton 53'% 101 31%V 32'% 1043/4 105' 28% 293/4 31'% *105 105'% 29'% 293% United Engineering & Foundry 5 United Fruit Co No par United Gas Corp 10 19'% Jan 22 United & 143%/ 53 44'A 49'A 37'% 7 26% Jan 30 48% 9 18 90'A July 26 181'% July 19 8'% Jan 3 49'% 21 15'% July 13 27% July 12 , Inc 373A 38% 102 105 38'% 105'% 37% 100 preferred 14'A 54% 583/8 595/3 *107'%109'/4 ■ 103 313% Apr 243/4 Feb 29'A Apr 16'/4 Dec 4 Lines *100'A 49'A 543% Jan 20'% Nov 27 Oct Air 101% 37% 1 14% July 18 22'% July 13 11'% Mar 30 14% Jun 4'%% 14% 14 - 89'A 88% 5 Mar 30 19i% May 48 convertible preferred United 90 No par common *106 Sep 25 Corp United Board 3 31 Dec Mar 29 non-cumulative preferred__50 United Biscuit of America—No par $4.50 preferred No par Mar 4 July 17 38'% 105 Mar 13 32 99 tub*- 53 102 101% 25 Aircraft *101'% *88 Jan 48 July 18 50'A July 12 4- / 14'% " go 109 "100'A 103 50 4% 591/3 1083/4 *123 30 16 Union Oil of California . 109 100 '23% July 12 39 7(Ji. % * No par Union Pacific RR Co common 5% Apr 58 $4 series 2 112'% Jan 31 123% Aug 21 783/4 Mar 3 Preferred United 131 83% May 22 60'% *1083% Union Tank Car Co 6 Mar No par Un El Co of Mo pfd $4.50 ser__No par Preferred $3.70 series No par Preferred $3.50 series—.No par 1 3 Jun 443% 2 10 23 No par 14'A'14% 44% 453% 9 993/4 Jan 32'A July 12 Union Bag & Paper Corp Union Carbide & Carbon 14'A 45% 603% Feb 29% Jan 107 14'A May 28 111'% Sep 13 18'A Dec 29 56 Jan Mar 29 18 143% 55 52 1033/4 Dec Dec 14'A 56'A 41 'A 79'% July 11 24'% July 17 7% Mar 28 14% 56 1 Corp 40 27 22% Jan 143% No par Union' Asbestos & Rubber Co..—.5 Underwood 6 243% Dec 33 Udylite Corp (The) 25 30'A May 18 103% May 15 25 106 I I "■i, 21 • 973% 19% May 18 335/8 May 15 Jan 4,900/ 13,800 265% 10 preferred Coal 14,200;' 48 94 Par Trans 351% Feb 963% 263% com Transue & Williams Steel Apr 953% 94 May VI 27% Feb 15 971/2 953A . LOW AND .HIGH 253% Feb 36 % Jan 1,300 4,300 49% 971/2 * 2 25 % Jan 29 500 4 %. 35 7% 99% 963/4 - Jan 18 '/a July 17 13% 43/4 941/2 15 "' 223/a Mar 15 32% Jun 13% 35 26 Saturday $6 1,070 10,100 49 *• 21 Apr 343A 16,500 9 9g (Tl?e) 13 106 13i% 43% 35% 43A 343/4 8% 26% 5 27 Mar 26 *13 5 34 9 94 No par 30 103 13% 4% 8% 263/8 Oil Nov 110% May 17 17% Dec 29 * 9 951/2 Axle Corp 29% 88 263/4 No par 113/b Jun July 13 28% 88 253/8 37'% *99 100 95 ^ 95 % , 100 Airlines 291% 88 50'% 37% NEW YORK STOCK World 29 88 26% 97 EXCHANGE 20'% Jan 16 29 26i/2 $ per share 23 -*14% - 6,900 95 1 195/a Dec 16% Jan 33% 49% 37% l 22 7 104% Jan ; Highest $ per share 11,000 x26«/a 97 ..No par 1 253/4 Dec 29 Mar Lowest $ per share July 13 153% Jun Range Since Jan. 1 Highest Lowest * 920 11 , 16% 2,500 128 11 33% 88 8% 351% 97' 4,200 127% . 333/4 *13% 15% ' 11% 33% r 400 20 51% 28 5/8 13% 34 128 '*11 r 400 19% ' 88 9 5 36 *13% 291/4 89 9% *l3'/8 5 16%. 283/4 88 . j -127% 1273/4 *11% 8,900 51% 51% 113A 16% 400 20 600 "2,300 103/4 .11% 415 19% 51% . 33% 49%, 50 STOCKS *400 19% 51 1,600 1 No par Timken Roller Bearing Range for Previous 407 X50% 26% : • 22% 343/4 26 preferred Co 23 61 J/4 99% common preference Edison 23 3,300 26% preferred Toledo 23 '343/8 991/2 50c Water Associated 23 55,400 26% Thompson-Starrett Co com__No $3.50 10 20% 19 %i 411/a Jan 95 6 103 H71/2 19% *243/4 4% 24 10 Nov 117% 20% 61% 29'% Nov 4 2% Nov 1183/4 19% 52% *4% 5% Feb 94% Jan 25 *117% 20% 19% 28% *7% 33 3/a Apr 8 76'/a 1183/4 19% 51 tThird Avenue Transit Corp.No par 18 Dec 76% *1171/2 23% 193/4 Thompson (J R) Thompson Products Inc Co 99% 20% 35 99% 1 common Steel 1,200 ; 4,100 *98 77 118 3/4 53 Thomas 2 May 11 ll5/8 Mar 7 22,800 12 23 19% 30 42% Dec 32 7 30'A 54% > 113/8 300- 20 *117% 52% 1 43/8 May 29% 53 • 993/8 76 - 12,300 11% 128 4,300 17% 24% 303/b *98 1 17 5/8 17% 24 • 25% *415 9 25 24 35 425 4 18 83/4 Oct 76 17% ' 20 % 36 No par. Co 3,700 X25% 13 % 100 preference convertible 17% 173/4 24% 30. 993/8 *74% 70 173/a « 61% Feb 53/4 Dec 28% Nov $2.50 *98 76 8,5002 5,100 23% 35i/4 __No par Fair Thermoid 99 391/4 99 42% , common. conv 1183/4 20% *23 35% Apr 33/8 Jan • The *117% 20% 451/2 Apr 6 5/e Jan 17% Jan 30 $2.40 391/8 173/4 24 - 75 76% 13% *4% certificates Texas & Pacific Ry Co Texas Utilities Co $1.25 conv preferred Thatcher Glass Mfg Co Apr Apr 5% July 13 Trust— 7 233/a Mar 14 76% 35'/4 10 1,300 41% 12% 49% Oil 14% 54'/2 113/4 9 i—No pai! Textron Inc 43 8'/4 Jan share *54% 11% 10 Co 7 301/4 Jan 40 Producing Sulphur Pacific 543/4 11% 173/4 *17% * *97 89% ..... Texas 30 ■ 54% 12%, 25 „ Jan 105 54 11% 5 ! 443/4 Jan 903/4 Mar 15 53% 12'/8 99 5 ; Tennessee 1 54% 12 *97 19 % ' 9 Telautograph Corp Carp „i 2 30% 54% , 51 %, 1 (James) ! 43/4 May 17 25 30 18 33 % Sylvania Elec Prod Inc com__No par $4 preferred— No par 10 3/a May 18 30% 118%, *13% '95% Mar 30 '30% 173/4 ' *11% Swift International Ltd 173/a 303/4k 11% 128 25 1,000 143/a ; *98 30 % 18% 19 % 100 300 42% ' 98 171/2 7,400 '> 533/4 42% 42% 173/a 51 % . 10 2 171/4 • 995/a v 39 y4 98 413/4 • 17% 77% 11 % 50 391/e 99 41% 23% 25"% 2 39% 41% 233/4 62 Co.. *98 *17% *61 % com 99 27,900 23% *53 - , 173/4 23% *410 145/3 X39% 24% 55 20% Sweets Co of America (The)..4.16% Swift - *23 25 143/e 39 %k 173/4 12% 10c 14% 143/e 39% 233/8 *25% preferred Texas 635/8 July 13 201/4 Feb 16 ser 141/a *14 17,200 233/i 42% *17% 1950..20 Inc Jan 473/4 May 16 15% Jan Jan pfd 41% 18 35% 8% Mar 28 86 29 30 40 2 2nd Biscuits conV 41% 25,500 37% 36% . *98 »/2 23% 533/4 18 25 233/4 Jan 17 Jan 4% Nov 17 9 May 553/4 May 9 138%' May 9 133/4 Jan 18 5 9% Jan 19 Jan *401% 23% *53 17,200 114% 1 ' 531/4 24 99 1 Sunshine Mining Co Superior Oil of California -33% Jun 79 100. 41% 23 % -12 _'__25 / 23% *53 235/B 53% 41% *17% *97 *76% *117% 233/4 53 66% 112 99% 23% * ' .12.50 8 43% Jan 6 13 4%% preferred Corp common preferred series A conv pfd series B 4 30 Oct A Oil 10 •>. ' 1 No par No par Jan 355 453/4 Aug 23 103 19 No par comomn preferred 10% Apr 11% May 11 3 Corp Co -common 4%% 4%% 5%% 3 6 3/4 Feb ! Corp 30% 55 \ 303% 23% 1 371/4 *99 Share* 47% 63% * 363/4 . 100 Sales for the Week 46 . 115% 23% *17% Corp Chemical Sun 20.' No par* $4.50 series A 19 19 preference.... Webster Studebaker 7 j 14 114 37% *99 % . Feb X37 100 24 10% Jan 20% Dec 38%' *99 41% 16% Jan Jan 100 54 Sunbeam 84 Mar 28 *99 118 1 233/4 Sun 4 117 1153/4 37% 41% 3 ' 113% 114% 38 % 54 2 - 99 66% 233/4 May 4 473/4 66% 54%- .12% May Apr 67'A Jan • 9 183/4 Mar 3 - 96 46% 66% 42 (J P) & Co Inc. Stewart-Warner Corp 253/b Apr 14 35 % Mar 7 10 .103/4 Apr . 18 72% Oct xl22 42 24 Apr 46% 651/4 *41 % 50 Stevens 20% Feb 4 27 36% Oct 8% July 17 93 % Dec % Mar 26 233/4 457/« 683/4 118 3/4 38% 100 473/4' 66% Stokley-Van Camp Inc common___l 19% Feb 16 118 38% *99 Sterling Drug Inc common. 3%% preferred * —: 49% Jan 2 - 20% Sep 23% Apr 16% July 13 25% July 17 38% July 13 55% Feb 18 118% Thursday 46 % *54 104 % Jan 11 15 % Jan 24 Nov 68 Wednesday No par i 1 40 % May Apr 39% Apr 21 10% Jun 12 48 68 4% convertible preferred Starrett Co (The) L S Sterchi Bros Stores Inc 15% Feb 36% Jan 103% Nov 21 Friday May 18. $ per share 41% 33/4% preferred series A 100 Standard Steel Spring common___l 44% Feb Jan May 17 $ per share 683/4 * 25% Apr 56% Feb 523/8 Apr 373/4 Apr Sep 4 May 16 $ per share 48% 38 % PRICES $ per share $ per share 68% 10 SALE May 15 48 % 118 HIGH Tuesday May 14 $ per share No par AND Monday May 12 3 66 100 Saturday May 42 "/a Feb Dec LOW STOCK $ per share 44 Jan YORK EXCHANGE ... 15'% 68'% 183/4 18 18 44'A 21'% 108% *175 443/4 105'% 21'% 15% 18% 183/4 44'% ' 13% • 105% 21% *175 15% 21% 178 13,000. 18% 18,100 43'A *104 21'A 1083/4 * 16% 18% *18 45% *104 108'A 109 178 15% 18% *173% 153/4 18'% *104 i 108 *175 > 183% 10O. 44% 8,900 105% 130 21% 1,009 1093/4 178 4,700 " 14 133/4 13% X60% 61'% 59% 60% 59 60 55% 56'% 563% 55 56 7,500 21'% 21'% 55% 21% 22 21 21% 6,300 63*'% 64'A *533/4 66 64 64 13% 13% - 1,800 ( 530 90O . , Monday, May 21, 1951 . ,(2108) RECORD NEW YORK STOCK STOCKS Range for Previous Year 7 % Dec S per share Feb 29 3 20'/e Feb U*/2 uan 12 43 2 49 y« Jan 10 37 77 Jun 12 73% May 17 84% Mar 23% July 12 38% Dec 2* 34% Mar 29 42% Feb 88 % July 97% Apr 11 91 % Mar 20 525/« Oct \ >51 3 18 '. 143%Oct 5 33% Mar 31 62% Nov .2 Jan 8 139 4 Jen 4 18y« Dec July 40 3 19 4 % 5% May 15 9% Jan , •04 ; 3% Jan 8 27% Jan 3 24 y2 Oct 18 4 2% Dec Jan 161 45 177 16 ; 5 Feb 17 24 1 2% May 15 10 ' 2 '8 75 35 '/if 93 % 43%-: ; 19% 500 35% 36 35% 36 74 35 94 J 11 95% : 3% 27% ♦25¥4 166 * 54% •28% 28% 3 36% :• 36 > ;: ' -*32 % - 32% . . ■' •25% 55 123%; * ' *'114 114% -. 97 ■'jl% ,,12% 121% 122% 114 : 114 103 *52 33% • *' 29 >.■ 102 Va *30 ' 31 - 32 29 V* 39% 28 y. f38% 17% *30 : .; t 39% . 28'A 77 28 38%, 38%' 7*38'A 17¥s . ., 18 -* 33 30 30 v - ->■ 48 •'• • '"*20 103 -40 32% 32% 2,000 28 lU 28% 1,700 18 18 30 38% • 2,000 20 30 >29%. • 600 18% *37% 39 % 18 - * *295/«. 400 - 101% 48 ; 28 ¥4 ^ ¥4.' 5,700 21 ¥. 114 ♦101% i ■'.900 7. 120 *99 > 6,100 llTs -11378 ' • 17¥v> ' 1,806 56 V. 21% 33'A / 14,000 97 11% >>118 * 51 .*48 - . •1,400 - 56 "•:■. 12'A • 1213/4- 121 ¥4 32'A ' ; 728% 28 ,/# V 17% 17e/, 50 750 33%- ' I9¥i *94 >99 r ■ 101%*101 / 102 ¥• 102 Va. *102 52 7 .* ..28% " •■-: - >99 ,'^tOO 25 ¥a V*110 21% >t'* •-/ li»V- •' 113 Va .1,500 19 y2-' 97 ,.21'A .:: 101% V v 31*/4 24%' •* : 6,600 16 54%:- • : >. ,113A , 21% ,113.%.: .-*TT 32 y4 . *39 , , 17% I 52 33% 33 Va . .40 17¥. 122Va- . 21%- , 102 102 " : 54 *52 * 29 • *39" *120 101% .*99> 101% 55 *33'/. *99- *102 *102 __ -.11% /12 • 1 35% 16- *110 *95 . 33% > 97 1,600 *30%' 7 25<A- *110 54 21%-. 21 - 114 114 ' >. ■101 Va •• *110 7*95 • *28 V* l'• 19% 19¥.: ~,24¥.' 54 100 v ■; 16% ,• 54 54% 28 35 ¥• 34%~ ■ 24 7k ■ " ' -*99 •19% 19% x24% *52% 54% *~3 i%- '31% *110 12%' 21%.. 2iy4 31% , >- ♦no *95 123% 123% • >21%,-,/ 21% * , -. 80 10,600 28 .4. ,:*16 16 32 -54' -.t, 97 - 9JA* 28 » 35 Vr 16-.,; : *: *110 .".:12% 12% 12 Va *122 • 32%25 »A 54 ii 9% - t 197/« / 25% . *110 >" *95 . j X32 55% 54% - /97 •*95 , 1,600 168 • 8% 9% >52-%' 16% > ; *110 - 54% 35% '• / 19% 197/.' 25 ¥• 25% , *110' *•110 •*110 ; 16 32% —32% ' 19%- —19¥» 19% *25 168 54'/a ' " . 34 > 16%- -16% .... • 167 ¥4 28 % :>.34'A- ; 36% -36 V. : ie% ,;'16% i: 42.800 2% 2% ; 1,166 24% 24 V2' 24 y* - 27%' ; 3,200 ■ 24 *52%: *52% 3 >8 27 V4 *92" 24 9¥« *-9% 9% S'% 3% *25% 24 ¥• ♦ 167% *166 95% 3,200 2,600 tlG7y2 24'V >24%' . 3 940 1,200 - 5% ' 2¥, : 19% 39% 11 y, 247/« 24 %• (*2¥%'. 24%' 3,700 19% -.5% . 27 y» >25 ¥4 3,100 . 11% 11%- 68,500 38% ; r 5% 300 , 143 143 * 95% >92 3%. ; 3 ¥4 95% 3% 40 5% «■ 11% r 95% 24% i 24'/, 166 ?. 5% 5% 3% 2% 9¥« 54 * . 28=/, 5 >39%. «. ; 19% 19% 1 f; 24%'i -24%; 143 ¥v i 19% 11 i 4 27% *25¥4 43%- 43 Va 40 V4 •:: •3 ¥4.;. 3% 64% 42'/, 54 19% / • 11 95% *63y, 6,900 53% 63% 43 7/, 39 ¥4- ! 5% 5% 51% 63% ;142%: 43% 53 : •>42¥4'142%" 40% 1,040 - 53%, 64 %£ 22,500 . 137 136 136% 30 65% 62 ¥, 65 ¥4 X64 Xl35% 3,300 94 *92 94 i*92 65% 42%- V ; 138 64% 19¥4.: 40% 1974 40% 5% U'/r,. 9% 53% *28% . 73 Va t „ ■ 73% ■1:53% 64% 142% 143% 1 '■«. 73% 64% 54%:, 42% t 4,100 73% 74 137% 64% v 39 ¥« : 52'A- 100 39 : „ 138 137 ,6,700 8% 39 65% • 18% *8% S per 39 35 93% 63% Shares 18 y» 8 ¥4 per share 33 % *92 75 share 18 ¥« *8'A 38% / 35 97 3¥* 27% 24 V*,.3% 3¥* 24¥* 24¥* ...*166 167¥4 > f 34%*Aug 16 '•/•.* 30% uan 39 Sales for the Week 18% ■ V • . • • ; . ; .t • J ; ...t . / • . *37¥#-Apr 30 Vanadium-Corp of • Amerlca__No par . 16y8 Dec 28 V ^HVaJan *16% Feb 13 . Van Nornvkn C»__a — _"_2^0* 9 - Jan 3 " 38%• Sep 5 .,..'30% J«n 3 ^33% Feb 5 •--Van*Raalte Co Inci.^_^___^_I„__iO24% Feb 23 18Vi' Dec' 2C~ - 17 Jan 25 ' i28% May Yo Vertwntxrs-Cimaguey Sugar Co_.-6 W ,12% Jan 3 283/a Oct 18 -24y«Jaa 2 : 27 Jan 13 . Vlcir Chemical Co-^——2.50 20% J«n 26 103 May A 104 " Jan 2 lit ' Mar 2 Vicks Shreve &: Pacific Ry com__100 87% Mar "8 105 July 12 105%Jan 9 111May 4 5# non-cumulative preferred__100 9$ Jan 10 -51% May 19 46 -Jan 19 56 May 18 • Victor Chemical Works common—5 ; *39% July 26 -101,% Dec 29 04 Apr 24 100% Jan IS > 3%% preferred ^ —100 >967A Mar 22 ;Hl% Dec .28 x TOVi Jan 3 V 14Vi Mar 2 Va-Carolina Chemical com___No par 6% Jun 29 115 VDec 28 —114 Jan 5 126Va Mar 2 UW dlv partlc preferred—.100 79 *'Jan 27 ? 22 Mar 23 •" 18% Jan J 22¥« Mar 1 Virginia Elec & Power. Co com—10 16 y2 July 27 113% Mar 29 -V 1161A Feb 20 15 preferred 1— :—100 lMVaSep 12/ 117%' Aug 25 106y2"Dec 21 ' 100% May 4 106% Jan 26 $4 04 dividend preferred .100 xl03% May 26 102 Apr 27 103% May '7 $4.20 dividend preferred__/___100 46% Dec 30 41 /an 5 60 Mar 26 Va Iron Coal <fc Coke 4% pid 25 19% July ~7 33V» Dec 30 31% Apr 25 35¥4 Feb 5 Virginian Ry Co common— 25 27% Jan 26 x30% Oct 13 727% Apr 19 . 31% Mar 3 6%, preferred — —25 25 ¥« Jiin 7 37V» Apr 13,: 35»A Jan 20 42y« Feb :3 Visking Corp IThe)——: 5 28 July 17 22%' Sep 1 * 117% Jan * 2 V ^O'/a Jan 12 . Vulcan Detinnlng Co commoil _10 17'A Nov 6 36 May 17 >29% Apr 23 32 > Jan 20 7ft preferred 20 3-1 y« Dec 14' ,<,r\v ■ . 1, ,1 i May 17 , share per 18% 18%8% 8V4 18% 8% Friday May 18 Thursday May 16 .. 18% *«% 38% , 39>/2 75 35% 95% 66V*- * 138% 55% 65%* 44'/« ■ 143%> 36 •- 10 ,9 V:. ; 1 14 20% Feb , ——— 13 59% Feb 28% Feb ■ 53% May 14 > 26 Va Jan 26 Apr 12% Feb 8% May 18 . • 3% 39 3¥4 ,3% Universal Leaf Tobacco com—No par. •'■': 24% ' 24¥» » .8ft preferred —_.i—100 *.166 167% Universal Pfctures Co Inc com 1 9¥b 9¥« <■ 4%ft preferred —,__100;, *54 55 Utah Power> it Light Co • ; 2?:> -28 Laboratories Inc Universal 5 170 % Jan 12 27 165% May 30 26 5 % Jan , 17 8% 39% PRICES Wednesday $ per share 18% 8V2 18% * 5 27 ¥1 Feb 22% Jan :°8'A '.*39% *74% -—10 S Pipe & Foundry Co _20 S Playing Card Co— ■ 10 8 Plywood Corp common 1/ 3¥».% preferred series A 100 8 Rubber Co common.: 10 8ft. non-cum 1st preferred., 100 8 Smelting Ref <fc Min com 50 7% preferred 50 S Steel Cdrp commons— No pat 77} preferred ; ; 100. : May 15 May 14 t per share . 1 J 4% Jan 22 27% Feb . Sep 27 Dec 27 96% Jan 9 61% Jan 27 t .13 ; 1 13 ' 2 9 July 28 12 >May 23 24'/« Dec -Jan X25 7% July 10 : 17* 6 % Apr ! 7% Jan 26 , : 6 Jan 24 ) 9 Jan 20% July 27 11 22% Jan 22 % Nov 15 Feb Jan 42 38% May 1* 24' Apr 20% Mar 20 3 t 13% ,18%, — 19 100 . 2% July 17 •• 153% Jan > 18% Jan 11% Apr 3 Jan 26 . 3 8 30 28 6% Oct 26 Dec 9 :2 47 ¥< Jan '44% May 19 , 5% Jan 91V2 May Feb 22 5 142% May 17 2t 21 27 19 61.: Jan 67% Mar Mar 28 41 29 151 y2 Nov 13 25%Jfen >•1 U 8 14 142% Feb Mar 28 61% Jan 6 68% Mar 42% Dec ; May 13 \ t per share ,.1 75 75 36 . ■,;,. 35% 493'/a 95% *93'% U 66 '66% 65V4 138 138 138 U 55'A 55% > 54¥2 *63¥2 65% r„ *64% D ; 43% 43¥4 43'% ;143V» .143V* 143 U S Tobaccb Co common No par ; ; 20 / : 20 ■;> 19%'7ft non-cumulative preferred. _25 t ;*40»A.- '40% i.f,; ;*40% United Stockyards <forp,_,— 1 : *5% ; 5% *5y2 United Stofes $4.20 non-c 2d pfd—5. IV' - H 11 $6 convertible preferred—;No par •; ,*96% : 97 *96% United Wall Paper Inc common 2 " : *3¥« 37/a 3% 4ft convertible preferred—.i_,__50 *25¥* 27% *25% Universal-Cyclops Steel Corp 1*24% -247/«* •;. 24lA U 5 96% Feb Jan 45 : 67% May 10 . 18 54% July 14 * 135 " 5 37% Jan 126% Jhh Jan U j . common prelerred— 4V2ft 29 Jan 34 Vb July 13 65 % July 17 5 U 8 Lines Co 16 10 8 » EXCHANGE Par Jan 9 ' I ; Tuesday Monday Saturday S per share share 17% Jan 4 8% Jan 18 27 14 % Jun JHighest Lowest Highest S per share LOW AND HIGH SALE ~ STOCK YORK NEW Jan. 1 Range Since J950 Lowest I per ■ Chronicle and Financial The Commercial 2V *30 31 56% 800 57 56% 56 3A 57 12 12 12VB (12'/» 12% 12 VB 12VB 12 31 / 27 7% 28% *27% 28% 1,400 1,100 491/4 49% 48% 49 ¥b 4,000 10 ¥1 11 10 Va 10% 6,200 18% 18¥B 18 18¥i» " , . , w 2 13% Feb 13 Waldorf System 27 ¥4 May 16 Apr 4 x29 ¥b Feb 13 Walgreen 56¥b Feb 9 Walker 11% May 9 Walworth Dec 28 : 127 26 14% Jan 10 ,U ; 32 6 Jan 13 31 • ; Feb 4 53 Nov 24 6% July 13 9¥« Dec 1.4 % July 14 20 ¥a Nov ' 97 Jan Dec ,47 28 , 24 87/a Jan / 5'/aft 1 Warner 11¥8 Mar 28 13¥4 May 30% May 18 43'/a Jan 23 Warren 10 34 ¥4 Feb 7 Warren 1 Washington 38 V2 Feb 6 297/« Dec 21 28 27% Jun 8 , 27 Va Jan 17¥b Dec- 29 30 July 13 , Sep 26 , 31 25 ¥4 Feb 5 18 ¥b Feb 13 ^1% Jan 10 13 34' Dec 28 83% Feb 28 88 V* Sep 25 84 May 14 89% Feb 28 M-- Mar 14 Jun 27 18 % Apr 15 27% Dec 28 21 ¥4 May 18 21J/8 July 13 27 ¥4 Dec 28 27 26 114¥« Jun 104¥4 Oct 14 109% Feb 7 104% Oct 4 12% Apr 18% Dec 17 21- 44% July 14 78 Dec 111 Nov Range for t per 71/4 Jun ■ ^ 517/e Apr 10 49->.May 11 ?9% .Feb 26 .4$%..Mar 2 July 3 41 Va Dec 22 55 40 Va Jan Jan 3 Dec 29 48 64*/a Jun 27 89 Oct 24 87 19¥« Jan 7 Mar 28 39 13 44 Dec 1 33% Oct 24 23 18 34% Dec 12 Dec 6 35¥« Dec 28 98 V. May-18 ,? 16 20 30 Vs Nov 29 Jan 3 94 Oct 19 26% July 15 41 Feb 15 y8 Feb 8 28¥« Dec 18 V. Dec 19 25% Nov 33 ¥» Jan 12 35% Nov 8 126 34¥4 Jan 2 , Jan 12 94 27 29¥« Jan 26 27 2 26% Mar 15 187i May 1 22 343A Mar 22 i 90 . 17%. May 26 15 »A Jan 3 117/B Dec 5 70'A Dec 30 29 12 Jun 27 16 Oct 77% Jan 5 91 Sep 9"68 22- 13 ¥« Dec 30 9% July 11 16 % 137 • 10 17% Jan 3 29 24% Mar 14 Sep 22 75 V4 Jan 95 Va Dec 4 29 95 98 % Dec 16 Jan 13 .9% July 13 36 82% Apr 24 13 75 18 13% Apr • 38 Dec May 43% May 29 3734 Oct .20 47% Oct 31 53% Oct 3 19% Oct 18 31% Jan 13 70% Apr 27 3% Jun .. . y Ex-rights. 23 15¥s 15% 15'A 3 *77/B '•• 8 37% 38 Vs 29% 28% 111% *110 Va 111 T06% *105 106% *105 106% *101% 102% *101 *17% 17% - 105 Va Feb 98 Jan 6 9 79V4 Apr '17 21% Jan 2 25 ' 473A May 15 2 10 4 16% Apr 30 47% Apr 30 2 ' 38% Feb 49% Mav 18 * 1 59% Feb "2 16% Mar 13 19% Jan 17 47% Jan 4% Apr no No par 1 6% Elec Power Woolworth (F W) Co_ 104 *101 104 16¥b 17V4 17% 82% 84 82 62% 1,800 84 *82 Va *107% 109 *1071% 109 PRICES SALE HIGH $ per 14% 14% 14% 141/4 15 ' 47 ¥4 48 48 ¥s 47 48% ' preferred 4%ft series—100 Prior pfd 4Vaft conv series 100 Wright Aeronautical—— No par Wrigley iWm) Jr (Del)— No par Wyandotte Worsted Co 8 Prior 41 41 54 51% 52% 52 52 ¥4 90 89 Va 90 90% 90% 40% 41 % 33 ¥4 34 ¥b 33 ¥b 33 * 42% i 34 '■> 41¥B ¥4 38% 377/g 38 Va *98 99% *98 ¥4 99 Va *34 34% 33¥4 33% *122 38% 40 % t 90% 90% 35 ¥4 35 ¥4 31% 31%,, 30 30 ¥4 197'B 195/B 19 ¥4 *35 Va 35 ¥4 *35%; 19 ¥b 197/b 18% 10¥« .10% 97/B :• 31 • 19 ¥, 197/B *35'/a 35% 19 ¥4 19% 10¥b . 10% , 71 71 12 ¥4 *35 37% 37 38 98% 99 35 3A 30% > 30V« 30% 29 Vb 30 19 ¥« 19% >19% 19¥k 19% >35% 35 ¥4 >35% 35 3A *35 Va 18 Va 18% 19'/a 10. *69¥b 101/4 70 ¥b 10 %• ; 12 ¥b - . , 125/b 12¥B 78%' *14% 145/B 14 Va 14%: 14 Va 19¥B 18¥b 19¥B 19 48 *97% 26% 26 82% ' 83 .97% *90 93 *75¥a 76 15 % -76 Xl5% 15¥b 48 : / 44 48 •- 4.200 19% 4 100 10% 16 10% 17 500 69% 70 70 12% 81 *77 / 19 12V> 1.700 9,600 12% 82 *77 Va 14 % V 14% 14% 14% 19 1S¥b 18% 19% 135 *128 47 44%' 44% 26% 26% 25% 100 1,400. , 13,300 47 44 44% V-. 135 43 26% *128 *47% "• 44% 6,000 .500 14,800 44V« ,. Va - 44%- 25¥i 26% 25% 26% 82 83 99 ' *90 47 500 : 12% : 135 *130 135 47 44¥4 ; 44'/a 26% 26 % 82% *130 Va , 10 19'A 137 - 69 ¥8 ; 14% 19% 44% 44% » 82/' *78% *47 180 35% 18% 19% 78 Vb *130 35% 90 Va *76% 48 ¥4 • 90 Va *34 9,400 38% 35% 83 137 *47 37% *90'A • 90 Va 19% 19% *130 39 5b 1.000 135 ; 14 5/g 14% 33% ■ 90'/a 34% 83 *78% " 135 *122 . 39% 1.000 34 33 Va *122 34% * 12 ¥s ' 135 49.50C 93V4 98% •> 34 ,.*33 33 ¥4 19¥b %r 14,800 24.600 > " 99 - • ;30»/B 69 Va » ■:• " 35 400 40% 375,B 11,600 34% 37 ¥, *901/4 "■ 12 ¥4 125/b : j 36 70 71 Va 70 Va 12¥s 39% 34% ; 38%: 31% 197/B 35 ¥4 *34% 4; 90% 90 90 40'A *122 135 91 90% 1.000 37 „ 38¥«. 40% 5,600 34% •*98 Va 90% 53 40 >33 39 ¥4 49% 34% 99 3 9 ¥4 53 53% 41 33Va> *122 40 ' 34 ¥4 33 91 39% > 37 VA 40 • 40% - 1,800. 43 3u 22 3 4 41 *40 y 7.400 46% 21% 47. 34'A ' 98 Va /;> 34 135 *122 135 *90 .1_—:—10 Co com_^—10 Worthingtort Pump & Machinery A Common No pai 23% 42 41% 235/» - 5 10 10 22% 42 Shares 4 23 ¥« 22 22%/ 23%- 141 13% 14 V4 x46 % ~ *89Va 90 40% 48 53 ¥b 53 ¥4 *89 47 Sales for the Week $ per share share 14% ; 44 VB *42 42% 53% S per 14% 24 ••/ 23 Friday May 18 Thursday May 17 14% - 109 *107% - $ vr share $ per share share 23% "30 16¥« 2 400 17 May 16 *41% 1 1 20 —-——100 preferred Woodward Iron Co 104 *101 Wednesday 23% Willys-Overland Motors common—1 $4.50 conv pfd series A No par Wilson & Co Inc common—_No par $4.25 preferred ——No par Wisconsin 106% 83 14% • >230 111 *105 May 15 , 9,000 *110 106 V2 Tuesdav *47 28% 23'A 29 *105 May 14 share 8,700 1061/2 Monday f per Par A.No par Co_^_ Co AND 11,200 109 *107% 109 400 37 3 4 22% 16¥B 82%. 86 *85 ,84% 21% 110% *101 167/8 3:3.00 36%" ■>• 110 *105 1C2% 16 ¥3 17 *107% 109 102% 102% 16¥b 84 Va 3,900 32 Va 22% 28 % 29 7% 2,300- 7% 31 % - 37% . 22 Vs 22 ¥4 J 110% 110% * May 12 1 preference Wilson-Jones 85 37 - 85 % *84 *107% 85 28% 29% 29 111 *1.05 85 37% 22 22% 22 22 Va 22 2.9 Va com__;—12% 100 Wilcox Oil Co v. 77/8 32% 84% 37 111% 29 111% > Sewing Machine com—i Prior 85 7% 32 % ., 1,600 1,003 15 36¥b 33 84% .85 14% 32% ' 22% 22 ¥B . 32 Ve 36% 33 ¥b 33 22 14T'B 77/a 3.00'J 17% 22 14 ¥4 7% .; 17.600 24% . *171/4 15 14% 703 29% 28 24% 32% * 7% 7% 8 31 - 22% *22 227/b > 227/« 15% 14¥i 15¥s 35,500 82% 82 82 80 82 *81 82 96% 97 V2 *95 97% 92 93 *92 95 130 77 *75 VA 77 1.000 15% 3>00 . - • 96 96 96 96 93 *89 92 92 92 76 .75 ■: 97 Va 76 Va 15% 47¥% *75% 751% 147/b 15 '/a 47 15 3A- 47 15% X75% , 47% • 15 Vb 15% 4,700 2,040' 15 390 . 2 26 71% Feb .13 5% Feb 11 sales on this day. iiEx-stock/dividend 84% Mar 12 30% Jan 1 22 -*B*d gnd askc<l prices; flpndeiKL 2 5 29 38% Jan 14 6% Apr 15 1 V< Feb Jan 11 6 11% Jan . 3 28% Jan 46 * 9 10 36% Jan 21 14¥8 May 19 24% July 17 July 14 Mar 14 16 \ 27 25 21% Dec July 26 50% May 2 89% Apr 3 140% Jan ! Dec Jan 18 20% Mar 4 Jan 5 Apr 17 Feb 44; 9 4 87% Feb • 25 3 74 10Vs Feb • 78% May 15 12% Jan Feb 15 VA Jan •75- 11 Apr 24 77 70 2 Apr July 18 July 30 Jan Jan 69 79 Apr • 135 • 23 •, <45 51 White Jan 12 15 26 22% Electric Motor White 21 25 16 23 . 4 31 % May 26 '13 July 12 lo Mar 24 Jun 16 ¥b 42'A Dec 23 Instrument_;__12.50 Wheeling & Lake Erie Ry xl—lOO Wheeling Steel Corp com—_No uar $5 conv prior preference—No paf White Dental Mfg (The S S)20 23 Va Mar 19 45% Sep 142 July 18 x3 17 34 23 preferred series B-; 3.80ft Weston : Mar 27 36 12% May 18 • Westinghouse Electric 7 19 Jan ' Z Inc Supply Co Westinghouse Air Brake 22 42 ¥b Feb ; 22Tb Feb July 13 32% Jan Feb ' 15% Jan '24 49% May • 37 % Apr 125 • 12% Feb •5 36% Jan 17%: 12 V* 30 :,4 17 ¥i bO 117/b 25 17% 100% 29% 24 ¥4 23 ■>'' "> Union Teleg class Western 13 104 Vg Feb 31 ¥2 Mar 20 ; Feb 81 35,^. Jan 16 4'l,{ May 3 2 >34¥b Jan j 3 •Jun t ^7 Vb Feb 31 Va Apr 105 Va Feb 129' 30 04X4Jan 24 3 Auto 28% 25 „ „ 17% 10 Western Maryland Ry corn.^—100 4'/. non-cum 2nd preferred___100 Western Pacific RR com No par Preferred series A 100 Western 39% May 18 22 ¥b Feb 112 18 S?4-APr rJan 25; Jan Apr 28'A 24% 25 100'/a Saturday >/>'' ' , Western Air Lines 16 \ 20¥4 Jan 25 28 27 - 27% " 28% 27 ¥4 LOW EXCHANGE $ per share share 32% *99 2,300 *99-% 31¥b 17% > STOCK YORK 12 3l¥« 17% & Coke West Va Pulp & Paper pom_ljNfo par 4%% preferred—JL—100 Highest 11 ¥4 Jan 25 237/a Dec 36 preferred series G™__ NEW 12 31'A 177/B 100 100 6 preferred series B. Jan. 1 11 ¥4 31% 18 100 4.10 ft 15 28 5 29 Vs July 13 pfd West Virginia Coal 4 12% *24% 25 > 99% 12 % 18 -.™No par Co 4%ft 4.20 % 27 Feb 111 3 Range Since $ per July 102% Sep 22 May 89 Va Mar 14 28 ¥b *24-'% 84 23 14 25% 37% Electric Feb 28% 33 28 33 28 ¥b ' i8Hr 18-'* •• 100% 32% 33 33 *24 ¥4 ■ 18 Va } 12 12% 12% 12% 12'A 100% 100 Va *99 100% 38% Power Lowest 12 >A 24°/s July 13 18% 86 ' 37% July 26 28 18 Va V STOCKS Previous 13¥b Dec 26 18% 33 Penn 2 $ per share share 18% 33 Penn 13 Highest Lowest , . 11,. *99 1 4 Kentucky Coal Co 20 ¥e Feb 1950 Year 10% *85 West 1Q7% Feb 108% Jan 48% 11 2.50 Sugar Corp West 28 75/ 15 Indies West 101% Mar 27 16% Apr 48% 10 ¥4 preferred—No par Oil & Snowdrift com convertible 27 112% Jan ! 27 July 19 107 $4 West 26 107 , 27% 49% ll'/a 5 Inc—— Tobacco Wesson 15 104% Mar 20 24V.-' 109% Mar 28 48% 28% 49% 10 5 1 Jan 30 24 Apr 107 13 Dec 110 28 49% 11% 5 Motor Co 29 ¥4 Feb 24 Jan 28 49% 18% No par Knitting Webster 38% May 11 35lA Dec 28% Va 57 57 56% 10% No par 3 Gas Light Co , VJ 28 49 • 5 Pictures Mills Wayne Pump Co__ 5 36% Jan 29 24% Jan }9 12 1 100 Foundry & Pipe Petroleum Corp Wayne ,0% Feb 7¥b Jan ■ 8 59 12 28 % 2.50 Bros Waukesha 19% Jan .21 '/a Jan 17'A Mar 16 ¥4 July 13 5 Jun 27 11 Mar 27 luVa Mar,15 9 14'A May 18 , 11 Jan 24 59 12% * 24% May 18 . 58% No par; preferred 19 14 18 5 24 15 V* Feb j. G & W Co Sep 24'/s July 18 12% Jun 103% Mar 58% No par, No par Ward Baking Co common 23 21¥b Feb 10 May 17 17¥4 Jan "... Co (Hiram) 16'A Jan 8 24'A Jun 4 99 106 16 11 - ; Jau *12% preferred™—100 4%ft 7 65 26% Dec RR 71% Feb 24 Jun Wabash 56% May 16 48Apr (%tb Jin 5' Yale & Towne Mfg Co 29 York.Corp common 1 ' 4%% convertible preferred 50 ' Young fL A) Spring & Wire.No par. Youngstown kheet & Tube___No par Youngstown Steel Door——-Nopar Zenith Radio Corp__. Zointe of 4%ft-pre 5134 *17% - 52 173A 63% -No pax petition has been filed for 47% - 16% 16% > : *45% ' 46% .. 36% 36% - 63 ¥* 7/b 4 7A »4 Products Corp. receivership, or shara 47 47% 16¥b 1C% *.45% 46% *36% 36% 51V4-52%, 17% 17% 47 ' , C3% 4%' 15% ' 16% » . *45% 35% 50% 17% 36% 51% 17% ■ : 4% 5 / company's reorganization/i Deferred delivery; fened ($50 par) For eact share held). ' • ^ x50V* 17% 63% 64 Va' 63 64%, 4% 46' . » ' 15% 1 *45 .• 35=k . 16,V« 46 35% ; 50% 17% r Cash 4.300 15% 23.600 44% 44% 30% 36% t 30 • 49%' 51 17% 18% CO "2 64 48% 47% 45.% 50'a 17% 63% G43* ■ 5 477 i 15% : . 15% . 16V« • - sales. 5¥B 'ir - 5% Special >5% 36 51; 17% 64 5^8 4C% 53e rales, "" wd When 5% distributed, 500 2,600 16,500 5,300 9: COO 16,800 x Yx- Volume 173 Number 5013 . . The Commercial and Financial . Chronicle (2109) f' ****+< j, Bond Record * New York Stock «» FRIDAY The • ) * • Italia letters In the 107 Range Since Jan. 1 Lowest 11 101.30 Sep 13 Nov lUa.4 NEW Highest 1 11 May YORK. 25 102.14 Apr 29 100.29 Sep May 109.9 9" *105.14 100.6 *100.4 *106.16 106.24 *106.14 106.22 *107.24 108 *107.22 2%S—_ __al95G-1959 Treasury Treasury 97.14 Apr 98.7 18 2%s_>. J. 2'/2s_\ 2_- 2%s__ 106.24 1958-1963 -2%s 2%s *106.16 *107.24 108 9 Apr , 1960-1965 *109.6 109.14 < *109.6- 109.14 2%s_. 1952-1954 *100.19 100.22 *100.19 100.22 - 2%s_. 1956-1958 *101.22 101.26 *101.22 101.26- - 1962-1967 •*97.24 97.28 *97.2j6 97.30 97.12 *97.8 97.12 —: — 100.21 Jan 16 2. "_'i_1963-1968 _Jun 2%s__ Treasury - 1964-1969 Dec ' *97 —Dec- 1964-1969 2V2s • *97.8 *97' ' * 97.2 *96.28 97.2 100.20 *100.18 105.16 *105.10 *100.4 100.6- I03.1(j. *100.3 *106.10 106.18 100,5 *106.12 107.30 106.18 *106.12 *107.22 107.30 106.18 *107.24 107.30 109.12 *107.24 *109.2 109.10 107.30 *109.2 109.8 *103 109.6 100.21 *100.18 100.21 *100.18 100.21 101.24. *101.20 101.24 *101.20 101:24 *97.22 97.26 *100.18 *101.20 *9-7.24 97.28 *97.24 *97.6 > 97.10 *97.4 97.28. *97.24 ' 97.28 ' 9ijb ' ' 97.9 *97 97.4 *97 97.4 *97 *96.30 97.2- *96.30 97.2 *96.30 -97.4 *97 *96.28 97 *96.23 97 *96.28 97 *96.26 96.30 *96.26 96.30 *96.26 96.30 *96.26 *96.28 96.30 97 *96:26 96.30 *96.26 96.30 *96.26 96.30 *99.14 99.18 *96.29 *100.19 97.1 99.18 *96.29 *99.12 97.1 99.16 97 *9y.il) 99.14 *99.14 97,4 *96.30 97.2 96.30 *96.28 97,4' < 97.2 *96.28 96.30 *96.28 99.18 97 *96.26 - 97 *99.13 99.17. *96,26 96.30 *96.26 96.30 *96.26 96.30 100.20 *96.28 *100.18 100.20 *100.18 100.20 *100:18 *100.6 iC0.9 100.20 *100.18 *100.6 100.9 100.20 *100.6 100.9 *100.6 100.9 *100.5 100.8 *103.2 103.6' *103.2 103.6 *103 *102.30 *100 103.4 100.4 *100 100.4 *100.4 *100.6 100.10 97' Treasury Treasury 2'As_—. Treasury 2 Vis. Treasury 2>/4S_. Treasury Treasury. Treasury __ 2'/4S_. Jun 1959-1962 *97.2 97.6 *97.2 97.6 *96.30 97.2- *96.28 97 2i/»s__ —Dec *96.26 1959-1962 96.30 *97 97.4 *97 *96.25 97.4 *96.29 97.1 *96.28 97 *96.26 96.30 *96.25 99.27 96.29 *yy.22 99.26 *99.22 99.26 *99.22 99.2Q *99.22 99.26 ______ Jan 100.31 July 28 — 2'/4s 100.19 Mar 100.9 —__—-1954-1956 *i03.2 103.6 *103.2 103.6 —1956-1959 *100.2 100.6 *100.4 100.8 2s___. .-1951-1955 2s_— ;Jun Treasury 1 2s_—_ .—Dec 2s___. 2s___: International 103.20 Jun 97.16 May 15 101.28 Jan 15 *99.22 .11952-1953 Bank 100.2 *99.31 100.1 *99.31 100.1 *99.31 100.1 100.8 *99.31 100.1 96.29 1952-1954' *99.26 *99.26 *99.31 99.29 100.1 99.29 *99.25 99.28 *99.25 99.28 *99.26 99.29 *99.25' 99.28" *99.25 99.28 *99.34 100.1 *99.24 99.27 *99.24 '99.27* *99:24 99:27'f *101.22 101.26 *99.21 99.30 *101.22 101.26 *101.22 101.25 *101.21 101.25 98.16 ;. *97.16 *101.22 101.26 101.26 *101.21 98.16 ,"*97:16 . Development 3s 25-year *100 *99.23 „ '. 103.4 for k 25-year 99.26 t • 1952-1954 ________1953-1955 Reconstruction 8 *100.18 *100.6 Treasury 1 100.21 —1952-1955 Treasury Treasury 100.19 Mar 3s___ —July 15 1972 Mar *98.8 99.8 *97.16 98.16 97.16 97.16 *97.16 1 2s serials of '50 due Feb 1976 *98.8 *97.16 98.16 15 2s serials of TO due Feb 1953 *99.16 100.16 *99.16 100.16 *100 M01. *100 101 *99 100.8 *99 100.8 ' *100 101 *100 101 *98.16 100 15 1954 2s serials of '50 due Feb 15 1955 2s serials of ,'50 due Feb 15 1956 2s serials of'50 due Feb 15 1958 2s serials of '50 due Feb 15 1959 * 99.8 .*98.16 15 1957 2s serials of '50 due Feb * 100 -.*93 * *97.16 98.16 *99 *97.16 98.16 *97.16 98.16 *100 98.16 *97.16 101 *100 " 101 *100 • 100.16 *100 101- - 100.16 *99 100.16 -*qq - *99 100.16 99.16 *98 99.16 *97.16 99 *97.16 99 *97.16 99 *97.16 *97 98.16 *97 98.16 *96 97.16 *96 97.16 *96 97.16 *96 97.16 *96.8 97.24 *96.8 97.24 *95 97 *95 97 *95 97 *95 97 *95.16 97 *95.16 97 *94 ' 96 *94 96 *94 96 *94 96 *94:24 96.8 : " 99 *Bid-and asked price, sales .transacted this transaction. day. 42%s due *94.24 96.8 *93 95 *93 95 *93 1961 95 15 *94 95.16" *94 95.16 *92 ' 94 *92 94 2s serials of '50 due Feb No 15 1960 2s senals of '50 due Feb 96.24 Mar 23 *92 94 *92 15 94 1962 *93.24 95.8 *93\24 95.8 : *91 93 *91 93 *91 93 *91 93 1951-54, called for "redemption RANGE .BONDS Friday i Interest New York Stock Exchange i Period >< or Sals Price / Friday's York Bonds '* City on Jufce WEEK 15 at ENDED ; . / . No. MAY 18 1951>-55, called on Sept. 1 %. ; Corporate Stock —June-Dea 111 * 110%" 111 % , M09V. series No. 9—— series No. 10_„_2_— series No. 11 __Juhe-Dec series 12 No. —June-Dec — June-D« "I. —June-Dec No. 13—-i-—-— June-Dec 14__———— June-Dec series 15_ No. ; series No. 16_ series No. —1 REctor York Stock 120 20— series No. J'As series No. 22 series No. series No. 24 18 77 V* 80 •76 Va 75 VL> 75Va 75 Va 75'/a June-Dec ' *'76 Va June-Dec •76 Va —June-Dec 75r:« June-Doc —•J unc-Dec *76 Va NY 1-1693 *77 • sinking fund 6s 1948 April-Oct (Kingdom of Norway) 4s 1968 Mar-Sept fAAntloqula (Dcpt) collateral 7s A 1945—_Jan-July lAExternal sinking fund 7s ser B 1945__Jan-July lAExternal sinking fund 7s ser C 1945—Jan-JulylAExternal sinking fund 7s ser D 1945„Jan-July AExternal sinking fund 7s 1st ser 1957_April-Oet 81 Va — *77 Akershus 251 26 June-Det 75 Va 75 Va 72 27— June-Dec 75 Va 75V'2 No. 28 81 57 -2 81 89 90% ■; 95 563/4 : 541/4 57% 54% *90% " 57% ' *56% ■ . L+. *56% . ': • *56% __ 55'/. ' ... : ' "" „ 56% 56% *56% 58 Va sec sink fd 7s 2nd ser 1957_April-Ocf AExternal sec sink fd 7s 3rd ser 1957_April-Ocf 30-year 3s Jan-July 39 V. $ bonds 1973 57% 54v2 1 *56% s f 57% 54 >/» -57% ' AExternal ' ■ 54 Va 58 38 ■ 13 57% 55 ' , 39 Va 41 series No. — _Jurie-Dcc 29_ series' No. 30—— 25-year 2%s 1974. 2%s 197? AOarlsbad Oauca (City) '7? hi;' Juhe-£)e^ *76 V* 74 *76 V, external 5s (Commonwealth) 1958 5s Jun -Dec 1955 lAChlle assented s AExternal sinking fund 6s 1961 100% 101 2 98 Va " 101% 10-year 10-year 3!'4.s 1956— 91 Vr 3»/4S 91V. 91 Vz 1957—^ 77 90 '/4 93 June-D=c 10-year 1967— 90 Vz 90 3V2S 90 Va 14 89% 92% June-Dec 87l/g 87 88 Vi 16 87 921/4 June-Dee 6 / «13n Hrf 20 87'/4 92 V. 85 Va 85% 11 84% 89 104 Va 104 V2 1 lABrazil (U S of) external 8s Stamped pursuant to JPlan reduced-, to 3.5#) AExternal s x fr'/as of 1926 Feb-Aug A -w ______Jan-July June-Dec 1941— 1978_j__, s f 6V2S June-Dec to *62 to 3.375%) 33%s - series No. 1979— 1 2 3— No. 4__ 3series No. : 5___ : ■ -134S ^ series No. 7 series No. 8_— For footnotes see •64 — « <■ f __ 64 — 1 - 63% 86 A6s • ' 37 4 Sept 1981 sinking fund 6s assented AExternal 1962 " sinking fund 1963 1993—June-Deo A6s assented 6s 1963- *50 37 : For Financial FOREIGN . 36'/» ' ■' 37 - ' — 61 — 61 83 SECURITIES 65 MARKETS PARL MARKS & CO- INC. ' 2 v " *57% - June-Dec *80 V. -81 Va 76% - June-Dec 76-% 763r 76.^—»" 76 % " L-m " 76% 76%- -*76% 79 76 76 - •7.. 1 • 7* 72 % '• . 2' 50 77 - ■ Telephone HAnover 2-0050 ' 77V4V 75. •• Broad- St., New York 4, N. Y. 76% 73 - FOREIGN SECURITIES SPECIALISTS 8114 72 73 15 - • Jiine-Dcc __:_June-Dec " ~5 -76 V..!" 76 Vs-.' ■* 76 — 63V4. 78 175 77 * ' 37% Teletype;NY 1-971 51 51 37% 50 ' Institutions TRADING 37% 52 51 1 35% —_ -■ 88% FIRM 51 Va 35% 35 % 3 - '36% Afay-Nov 38 51 37% 35%. 51 51 *36% Afay-Nov Extl sink fund dollar bonds 2-3s 35% 51 "I 36% *36% 51 April-Ocf 51 51 36% *50 April-Ocf 51 ' 37V4 50 35% ' ■" 1962— 60% 40% 51 V *50 363/i 1961__Ma-r-Scpf Mar-Sepf 60% 37% 50 1 *50 —__Jan-July 6s Sept 40% 104 % 35% 51 *36% 1961—Jan-July 1961 fund 38 37 37 Feb-Aug ——Feb-Aug assented AExternal A6s Jan sinking 63% 59-Y, 4 57 12 Va — 101 Va is 96 39% 86 57 ■ 951/4 95% *61% CO 00 rt- 83 8 ! 101% 37 ' _April-©cf _June-Dcc page 29. 61% 87 61 *86%. — June-Dec- series 1 61 June-Dec 3«/4S series .No. 3%a series No. 61 - assented 1 ' External dollar bonds of 194-4 ^(Plan B)— ' 61V. A6s AExterenal 64V2 8IV4 -r . *84 ——June-Dec funding bonds at 1931 due- 1951 Stamped pursuant to Plan A (interest reduced 87% V 95% 1101/4 59 Vi — 64% 104% 108 ' - 101 v. 102 *84 of i% 99'/. 110 Va *86Va __June-Dec due 3.5 7# V-19.78 160 (Interest 1927 due 1957—_April-Oct Stamped pursuant to Plan A-(Interest • * reduced to 3.375%) 1979 Aprll-Oet A7« (Central Ry) 1952 June-Dec Stamped pursuant to Plan A (interest reduced : *109 -- 1957 April-Ocf Stamped pursuant to Plan A (interest reduced to 3.375%) 1979__± __^_Aprll-Ocf, AExternal 100'/. 100% 101% 51 April-Oct Feb 1961 7 7 37 il 101% 23 96% *50 May-Noo 75 V, 102 99 39% 96 % •39'/4 April-Oct 74 99 2 ' ' > *I6O5/« Kv f 7s 1942_^—May-Noc 1960 75 Va ,75V. 101% 102% ' 1 1978-Jan-JuIy 1943__?;__>— assented Feb V Jan-July — (Republic) extefnal IA 7s * 75 Va „ , •39% 101VS Mar-Sejpf Mar-ocpt 30-yr 3s s f $ bds AExternal sinking fund 6s A6s assented 1960 1 A6s Jan-July _Feb-Awy 10-yar 3Mjs 1966— 15-year 3%S 1962_ Rolglum (Kingdom of) 6s 1955— External sinking fund 7s 1955 i978_Ja-h-futi) —-■— 1954.^ 74 J00 99% 100 Jai i-Ju!y Va 73 ". __— — 8s Val i.Dcpt of) 1? *76 V, __—June-Dm ARy external sinking fund Gs Jan Antwerp (City) Australia 71 Vi 73 75'/a series 25-year 81% 75 Va 77 7.4% No. (Dept of) 30-yr 2s's f $ bonds Canada^ (Dominion of) 3Vis 1961_ ' 78»/& Va No. Caldas - V, 72 Va No. t|i Municipal Feb-Aug 72 series series 3%s Agricultural AGuaranteed 76 aeries 3%s and 81V2 76 33/4S Teletype 16 75 Va 75 33/4S (City) sinking fund 5s 1957_ Sinking fund gold 5s 1958— Government 73 Vs 72Va *76 Via — 75'/a 75 Va 73 ■' *76'/» June-Dec — 71 Vi 72% t • __June-D*c ' — 33/4S ~~ Broadway, New York Mortgage Bank (Colombia!— lAGuaranteed sinking fund 6s 1947 76 78 —Junc-Dec 21_ 76 Ys 75 73 V4 1 *76'/« — Brlibane Foreign 76 *76 23_ 3%s Exchange ' 2-2300 19—"— No. 3% 6 New No. 33/4S Members No. series series 33/4S Wertheim & Co. series 3%s 3%s Junc-Dec 76 V. 73 72'/. —June-Dec — 17——— 77 73; . —JUne-Dec - _* 33/4S 76 High 76Vs. 76Va "76, Va No. 3%s Telephone Low 73 *1#/2 series 3%s Foreign Securities Jan. 1 No. Va 78 *7612 series J3/4S bond. Range Sines *76 Va. 3%s " Registered Sold High *76 V. 33/4S ' r Bonds-. Bid * Asked Low 33/4S 120% lot-transaction, Week's Range or Friday's •• 3%s 39 Odd Sale Price S'/4S 1980 a Last Period 33/4S 3% par., Friday Interest , Issue— at . BONDS, j. Exchange New York Stock High 15 95 - ■ * v",- • Jan. 1 Low due 3s par. Range Sines Sold High FOR ■' • Bid ii Asked Low New Transit -Unification Week's Rang* Last 2,000 98.16 1Q1 w 2s serials of '50 due Feb 96.24 Mar 23 the Week Bonds<•>- 100.20 *105.12 97 1951-1953 1 *100.18 97 1967-1972 High 100.6 *96.28- *99.14 - IO0.I6 *96.28 . • 100.20 100.21 - Low *100.4 101.26 97.4 High Sales fsr - May J8 *105.12 *100.18 •" ' Friday May 17 Low . *100.18 *101.22 : Thursday May 16 Low High - 105.17 ,100.6 *109.4 * *96.30 97.4 *96.30 Treasury 2%s_ 1965-1970 Treasury 2Vis., —-1966-1971 Treasury 2%S—— ____Jun 1967-1972 Treasury 2%s Sep 1967-1972 13' 102.18 Feb 5 < *100.18. 100.20 - PRICES Wedne*<»ay High 105.21 —h" Dec Low 100.21 __ 102.6 High *100.4 • 18 ___.— 11 Law ■< mature SALE . *105.17 __ 97.17 Apr Feb~24 103.9 High ■ HIGH *100.19 __ 15 Low; AND Tuesday May 15 May 14 • Apr ' 22 Menday 100.7 May 10 a' '100:4 Apr . 100.21 Dec Saturday VM^y 12 bonds 105.21 Treasury Treasury 15 100.27 Dec - the 100.21- Treasury 25 100.24 Nov 100.29 Aug when point. *100.5 25 102.14 Apr 102.23 month a *105,17 Treasury .. of *100.il9 1 102.19 Apr BONDS STOCK — -Treasury 100.2 Oct~31 S2d 2%s .-a 1955-1960 2 %s_—v_~—1 951-1954 Treasury 100.25 the case mere or Treasury Treasury < one 1951-1955 1 . 111.10 May 25 Indicate in each JTreasuTy 109.8 102.19 Apr Period" EXCHANGE ITi'ee sury 111.10 May "Intereet deeimal point represent Exchange YEARLY - LOW , Highest 101.30 Sep after GOVERNMENT 1950 Lowest headed Flgaree Range for Prerioos Year column ■ . WEEKLY - $5 37% 35 37% and Financial Chronicle The Commercial 2(5 . . Monday, May-21, 1951 . (2110) NEW YORK BOND RECORD RANGE WEEK ENDED MAY 18 FOR Week's Range Friday Friday Interest BONDS Last Period Stock Exchange New York Week's Rang* Sale Price Low Low 51 *36% 37 *50 50 51% *36% 36 37 % April-Oct A 6s assented 1961— —April-Oct AGuaranteed sinking fund 6s 1962.—Afay-Nov A6s assented 1962.—. —:——.A/ay-Nov A Chilean Consol Municipal 7s I960. .Max-Sept *50 50 51% 35% 37 June-Dec 1961 *36% *'50 , Ry) (Hukuang AChinese 35% 50 35% 37% 1951——.-June-Dec 5s *5% (Republic of)— of A6s of 3s 1927 1961____ Jan 46% 57 75 75 61 61 58 61 § a Colombia 1926 due 1946 §ASinking fund 7s of 1927 due 1947 Copenhagen (City) 5s 1952 25-year gold 4%s 1953 §ASinking fund 7s of A Casta Cuba (Republic Rica 7s of) Cundinamarca 10 39 39 1 30% 40% 40% External 5%s 1955 4%s 1962 El Salvador (Republic of)— 6xtl bonds dollar f s Elec Consolidated 1st A7s series mtge „ ' . 22 * GO 63% 53% 54% 10 10 68 68 46 78 64 V2 Jan-July ' ■ ('■ . 64 % 44% 76 8% 8% 5 7% 50 67/« ' 8% §A7s 1977 Jan-July Afar-Sept —— B 1947 Utility— institute 1%. to series Italian 34 34 AExternal Vic extl A5%s 37 28% 35% 54 External 59 58% 30-year 3s Mexican §A4%s Small A 3%s 4 48% 61 Valle AWarsaw 68% 71% 42 56 87 62 y2 66'% 18 46% 80 10 % 39 — 38% 39 ■ Valley (Dept of) external 7s 1958—. (Republic §A5s of A of 9 7% 9 Power Quar-Jan , American 2%s 1945—Quar-Ja/i agreem't) (1922 A Small A5s £ . *14% ' *14% — of to (assented 1904 ' f" A4s new assented §A4s due agreement) of ment) (1942 agree't) (asesnted 1910 June-Dec 1968—Jan-Juiy 1954 1922 to 1945 4 . 13% V>. !1 15 15 "7%. — 8% '■* assented new ' A Small t ■ agreement) 13% 13% 2 11% 14 13 — 13% 17' 11% 13% Jan -July 1933 assented new 1963—Jan-July (1942 agree't) A Small A Milan — T — Minas 1952. April-j5c\" __ (SLatci— Geraes ASecured 6%s of) extl sinking fund 6%s 1958—Afar-Sept Stamped pursuant to Plan A (interest .,' v reduced ASecured 2.125%) to ex'l sinking pursuant 6%s 1959__Mar-Sep£ External sinking 17 56% 16% 12 , 17% 56% CO loan extl (30-yr) Afar-Sept 1958 i._May-Nou Oslo (City) sinking fund 4%s 1955 SAPernambuco (State of) 7s 1947 *48 debentures debentures Arbor ..April-Oct APeru (Republic oft ANat loan extl s ANat loan extl s external 5APoiand f f (Republic A4%s 49 35 A4%s assented AExternai A4%.<? assented 97"% 97% 10 95% 98 97 97 13 95% 97 95 96% 90% 92 97 96 *91% — : 3 96% 92 *98% 100 ■ — 96 first 4s July 8s Alegre 1961 (City 7%s 1966 52 __ 54 49 52% 51% ts 8 97 — 48% 48% 1 37% Air Line 3%s 50 ' — 33% 36 31% and reduced 3 consol July 4s April-Ocf >5% 34% *10 10 12 5% 6 7% 7% 6 6 Stamped pursuant reduced AExternal to Stamped pursuant reduced _ Rio Grande to Plan A 2.375%) 6%s secured 18 5 7 6% 16 5% 12 7% 10 7% 2%) to do Sul § A8s external 2012 (State 38% — reduced loan external to of 2.5%) —Feb-Any 1921 and For footnotes 2%) see 1999 2012_ page *3614 29. 104- 6 xvd 106% 104% 97 101% 90 8 100 % 98% 98% 90 91 33 97 38% 97% 20 '95% 103% 73 71% 51 71% 82% 71 % '72% 25 71% 82% 71% 72% 19 71% 82% 84% 84% 86 50 83 94 61 60% 63% 60% 71% "87% ; 98% 48 48 4 2 due J Dec ^..June-Dec 1995 1 Feb 1 2010ibi^J_—May-- div first mortgage 67r lien and 33% 31 4s series D Aroostook RR—- Steel First 37% 41 First 49% AInc 36 60% >59 60% April-Ocf *45 June-Dec *48 42 47 47 47 49% (interest 35% 34% 36% series 3s Co Union Gas General mortgage Brooklyn Buffalo Niagara Bush Terminal 15 80 91 86 86 87 8 86 114 114 114 series I - 97% 1970—.—Tan-July 1976——_May-Nou ..Jan-July Sc Co 5s 4%s first 1955 99% 88% 13 88 * Buildings 5s &td 102 102% — 55% 82 33 58% 104% 84 104 Vf 93 22 84 55% 55% - w * 90% 71% 100 94 y8 95 96% 97 ' 79 80% . / „ 79 98 - 104 ' -98 104 - . - 2 94 101% 101% 78 V 29 * *99% 102 "'105% 95% "I 100 104 *104V4 ' __Jan-July ..April-Oct r •87 4s -— - - 1957.———_—Maji-Nov 1952—:—_____April-Oct 101% 11 . debentures 1963-—__April-Oct 4s debentures 1969—Mar-Sepf 2%s 1976—1 Jan-July Pittsburgh Ry-—- 101% 97 98 % 88 AC 5s 99 97% 19 100% 100% K 1979 116% 96% 98% *97% 97% 95% 112% 6 96% *__ 1980--—-----"—...--.Jan-July Elec first mtge 2%s 1975-.Ma3i~N»v- modified Terminal 82 3s Rochester Stamped Bush 88% 81 . 1967__'_.—Mar-Scpf 1955..—May-No® mortgage 4%s series JJ 1961—April-Oct mortgage 4s series RR 1960— Jan-July mortgage 4%s scries A July 1970—May-Now Consolidated 35% . mortgage ,5a series II mortgage 80 RR— Maine mortgage First 17 Corp— 2%s First 81% 1985_Jan-Jufy > 2%s series J & 80% 80% 1980_Jan-JuIy division-— ref M mortgage 55% 33% A ser fixed & 1% 7c conting int) Bristol-Myers 33% 334 89% *__ —__May-Nov mortgage 36% 46% ; general mortgage 3s series 55% 38% 90 71% Consol Euffalo June-Dec 103 100% 12 105% 105% 105% lst^mtge 4%s conv 1976 — Jan-July Telephone of Pa 5s series C 1960-^..Apr;l-Ocf Beneficial Industrial Loan 3%s debs 1961_Afay-Nov 36% 37% *53 (interest sinking fund gold 1968 to April-Ocf 104 20 105% 106% 71.% %s convertible income 1st 1946 Stamped pursuant to Plan A reduced Feb-Aug 121% 100% 101 100% Bell 40 of)—' Stamped pursuant to Plan A A 6s *39% Plan A. (interest to 129% 112% 71% 1996- Bangor r ^Apiil-Ocf 119 7 103% —Afar-Sept Jan-July 2000 1 First 7% (interest 2001 1953— 33 112% 112% Afar-Sept 1 March Boston Jan-Juiy 96 Afar-Sept March due Consol April-Ocf 90 contingent, interest!— due Dec 1 1995:. —^.June-Dec due (3%-% A 2006 2 3 Vc Toledo-Cincinnati 5% 8% 1950—Jan-July 1946 91 92 120% 120% 120% 4s series A G Cor.sol 8s 8 8'/a 90 June-Dec M S'western *5% —_April-Oct 1947—April-Oct April-Oct 2.25%) 1 90 1952._Mar-Sept 1964— Refunding 4s series -A 1980 — to 88% Pittsburgh Lake- Erie*&-Wbst Virginia— r-v. 35 (City of) 88% 117% • 35 stamped pursuant to Plan A Janeiio 104% May-Nov K Series 35 y2 31 y2 Jan-July 100% mortgage' 6fA (2%Vr fixed and.3%# contingent interest)-^- 37% 31% 2001 103 31 Ohio RR— & mortgage Ref a 4 10 to Plan 100% „ 1963 4%s A unified Ry— Series 99 48 34% 2.375%) 69 100% 100"% May-Nov 1955 1 first Coast fixed 65% 34% to 100% 101 100% April-Ocf — July 4s mortgage 4%s-4s ser A 1980 Refining 2%s debentures 1966 69% 32 94% 39 34% pursuant reduced (interest §ARio de of) stamped (interest 94% 111% 101 April-Oct 1995 4s Bethlehem Porto 20 937 Quar-Jan 1995 100% 96 % 114 1962—Aprif-Oct 1986 5s 196 115% 95% 96% 114% ..April-Ocf gold mortgage First 99% 34% Jan-July 126 122% 124 July 1975...April-Oct First mortgage- 5series B (4% fixed *. and Yh contingent intcresti. July-1975-April-Oct Refunding and general mortgage.&'"£ (27^ 34%. 1963 116% 107% 119% 122% Baltimore 34% 8s 101% 102 80 36% 34% gold 94% 109% 95% 103% 103% 99% 1960—June-Dec fund 1 141 95% 112% 114 103% 34% 1961—April-Ocf 1908 sinking 99% 112% 96% 97 1959——Mar-Sepf § A Stabilization loan sink fund 7s 110% 91% B 1 34% series 1940 104% 12 93% 49 series gold 6s 368 93% 99% 100% 36% 49 36 3s Atlantic 1st 1958 96% 106% 108% Afar-Sept 1969 Charlotte General 2nd ofi 90% Topeka & Santa Fe— First 4 6s 63 assented 7s 93% 26 .Feb-Aug : 1963 debenture Co Products Co W Atlanta & 57 49 — Tobacco Stamped 17 47 2 — 34% __ ,_^_Afar-Sept Stamped pursuant to Plan A (interest reduced to 2.125%) 2008..—_Mar-Scp£ -•. 25 93% June-Dec 1959 Series 1953 (30-yr) loan 94% 95% 91 92 June-Dec 1971— Development Co Ltd— extl A5%s 99% 29 93% Series A6s 99% 93 ■ June-Dec convertible General 17 15% -- — *34% 3%s Oriental 90% 61 June-Dec debentures Gen «• - 4s sinking fund external loan 1963 .—Feb-Aug sinking fund external 1957 April-Oct Municipal Bank extl sink fund 5s 1910-.June-Dec 99 % 92% *100% 93% 107% 1973 85% 92 92% 98% 105% 103% 81% 98% „ — 102% 103 10 .June-Dec 1957 debentures Atlantic -- — — 95% Plan A to of) 4%s 1956 Mar-Sept fund 4%s 1965—-^..-April-Oct (Kingdom Norway • *16% -- — 90% 1987 debentures debentures P • Mar-Sept 2008 fund (interest reduced to 2.125%) 2008— —Mar-Sept Netherlands (Kingdom of) 3%s 1957 May-Now Stamped A Jw'u ~v __ 104 *103% 105% 81% 81% *— 97 95% 1961 convertible Ann — — -- 17 — — ~ (City debentures Atchison A Small A6s 6 72 43% 61% — — '90% 90% 1982 convertible 3s (assented to 1922 SATreasury 6s of 1913 debentures American 1963..Jan-July 11% 104 — April-Oct convertible debentures 3%s '" Jan-July (1942 agree't) 83 5% Feb-Auy Apri.'-Oct : 2%s 8% * — A4s 78% 12 ———Jan-July — 3%s % 7 29 " , 100% 96% COMPANIES — June-Dec 1966 1975 1986 2%s \ —— May-No?; 1980 deductions 2%s __ agree¬ 91 91 15 90 61% 3%s debentures 3s 3%s 1 95% 90 99 V\ *87 y8 AND INDUSTRIAL '' X 92%-"98% 24 97 99% *6 3'/4s 1967 mortgage debentures 2%s ' •' s*? 1922 15% 14% '■* 15 15 ' A4s *95 June-Dec 2%s 13 i 10 14% " 14% 1963_Jan-July agree't) (1942 so 93 *7 1961 2%s 1— — assented new — __ —* i -motuwc 94%' 94% *88 ■ . - T* *140/ ; Corp 3%s s f debs debentures 2%s ■ ''J,—--- 65 *151 1964__May-Noz; & Foreign Power deb 5s 2030—-Afar-Sept Telephone & Telegraph Co— American , ALarge 66- :.Feb-Aug ; '26 Airlines Bosch A Small §A5s assented 31 — first American 1945— due 1899 -6% 91 *i34y4 1972—Jan-July Albany & Susquehanna RR 4%s 1975—_April-Oc£ Alleghany & Western 1st gtd 4s 1998 April-Ocf Allls-Chalmers Mfg 2s debentures 1956 Mar-Sepf of)— Large .IX 43" ■ 63 66 ;_Fcb-Aug 1958 (City of) American Mexico 8% 4,0 60 61% 61% readjustment RAILROAD Alabama 8% 59"' ' (City) extl loan A6s • 8% -- 60% conversiont'1979-ij—Aftty-Nov Alabama Great Southern . - - ■ ■6;','.'' ; 51%. 51 v " , 67 44 5 , * 40 /sf 1968—Jan-July agreem't) (1942 • 1979<_—_'—.7Afay-Nov readjustment * 1943_May-Noy 3 *4% **v* -Jan-July ' . (dollar bond of 1937)— assented Yokohama 56% 55 *55 Jan-July 1968 7 external Cauca A4y2s 12% 10% 14 ,I,, KV:^ *T-IK1?* Del Cauca See i 1943 small assented ANew 59 69'/a June-Dec Irrigation— assented (1922 agreement) A4%s 55 62 y2 1957—April-Oct 7s 1978 f $ bonds s 35% ■ Feb-Aug May-Nov 1954 6'/2s (Colombia) AMedellin Banki Mtge (State 29 59 * Jugoslavia 80 59 59 13% " conversion 1979—June-Dec 1978—-Feb-Aug external readjustment 1984.7———Jan-July 4-4y4-4%s 1 59 9% 11 • f 1971.—— s External 3%-4-4y8s v 1965—T '30 of loan 9% 76% June-Dec (Kingdom of) 7s 1951 (Imperial Govt)— A6%s extl loan of '24 1954 Altaly Japanese 13% <6 10% -10% : - „ : A5'/2s extl loan of '2T 1961—iS_—__April-Oe£ 7' A5s- sterling loam of *12 1952 Mar-Sep£ Tokyo Electric Light Co Ltd— a 6s 1st mtge $ ser 1953 June-Dec Ujigawa Electric Power Co. Ltd— ; A7s 1st mtge s f 1945 —— Afar-Sept §AUruguay (Republic) external 8s 1946—Feb-Auy AExternal sinking fund. 6s I960-'-—^Afay-Nov AExternal sinking fund 6s 1964i:li_i_—Afay-Nov 37% —Jan-July 1952_ 7s v (40-yr) 71% 35% 9% 1958j.^__ (City of)— 29%, ~35% 35 y« 65% 14*. 57%.' 59% 10% 37/8-4,/8-41a6s external Jan-July 1977 %s 1 Public Credit A 5 66 34% 57% . Electric' Power Co Ltd— Taiwan 75% -i 76 3; v' 35% ' 72 (Prov assented 54 75% 35; V 63 72 57%; • 35" 75 56% ————-June-Dec Sydney County Council 3y2s 19 57_ L—J a it-J uiy. '*-K Tokyo 10 8 V2 8% . 73 63 72 mtge s f 19521.— June-Dec of) external 7s 1958_iu—— June-Dec 1st ASilesia x v part paid 1964 :_May-Nov part paid 1968 Feb-Aug Helsingfors (City) external 6'/2s 1960 April-Oct Italian (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium for Public Works 3% > " ' A6s to ;/ 77' 13 *8 % j___Feb-Aug % - 55 __ 73 72 1962.1——( .Afay-Nov 1962———Afay-Nov secured external a4j/2s 60 60 - A 7s Y/c •83% 77 80 *77 73 series B secured external A6%s 91 75% 70% - Government— Greek A 96 - 66 — Shinyetsu Electric Power Co Ltd— •96% - 1944 A6l(2S 1st Si gen mtge 1950 • li 77% .'80% > Power— A 91 77% 1 Jan - Great 95 90 77 y8 a - 1976—'—Jan-July 3%s extl s f dollar bonds Jan 1 1976 Jan-July 3s extl s f dollar bonds Jan 1 1976„<—Jan-July AEstonia (Republic of) 7& 1967 —Jan-July 4s % e 58 51 42 5 . 90 * * 49% 95 % * April-Oct gold . 47% 47% -i 1942——Jan-June :_Feb-Auy gold External __April-Ocf - 79 58 V, *55 .Jan-July Jan-July (Kingdom) & Slovenes Serbs Croats to 70 77 58% Stamped pursuant to Plan A (interest reduced to 2%) 2012— April-Oct A7$ reduced 61% 77 (interest 1968— external dollar loan A6s (State)— assented (interest :67f) extended to 1960 SADenmark 20-year external 6s Stamped 63 77 77 Jan-July Mar-Sept 1956- loan water A8s Czechoslovakia 57 (interest Stamped pursuant to Plan A reduced to 2.25% ) 2004 112% 37% 55 63 Jan-July Jan-July 1950— external A7s 77 73 111% 39 % *39 bonds 1918—-.J an-July 30-year 3s sinking fund $ 66 *lxi% 1x1% June-Dec 1977 66 60% .2 64% May-Now 1951 4%s external (Dept oft— (Republic of 1 *52 *'/X 71 59 *56% " * 1999 reduced to 2.5% ) Stamped pursuant to Plan A reduced to 2.5%) 1999 56 56 64 y2 (State of)— external A8s 56 70 2012———..May-Nov 1'k) to (interest *52 56 20 stamped pursuant to Plan A 1936 50% *52 56% extl Paulo 8s 91 46% 39 56% San 88 21 47 % 47 38% secured sinking fund 1957—Afay-Nov Stamped pursuant to Plan A (interest 92 88 90% *89 47% April-Oct April-Oct May-Nou Feb-Aug June-Dec Afay-Nov sinking fund dollar bonds 1970 Mortgage Bank 6%s 1947 ext 90 y2 April-Oct Jan-July 1961 Oct 1928 A6s 39 j/2 80 reduced Colombia » *„ A6%s 7% 6 6% 39 Stamped pursuant to Plan A (interest reduced to 2.375 Vr) 2001— —May-Nou 37 50 *36% 41 40% April-Oct —May-Nov — Paulo ASao *50 53% *39 2.25%) to (City of) 6%s 1952 (City) 8s 1952 A Rome 55 *36% Mar-Sept 1960 assented A7s (interest 2004-——June-Dec 1967 stamped pursuant to Plan A (interest reduced to 2.25'k ) 2004_ .June-Dec reduced High 53% Stamped pursuant to Plan A 7s Jan. 1 Low No. High (State of)— (Cont) — external loan of 1926 due 1966--.:—May-Nou A7s 37% .--June-Dec —June-Dec fund 6%s 1961 6%s assented 1961 AGuaranteed sinking fund 6s ASlnking Range Since Sold Sul Rio Grande do 51% Bonds Friday's or Bid Sc Asked High Low No. High- *50 June-Dec Mortgage Bank Gx/aS 1957—, A6%s assented 1957— A Chile Jan. I Sold Bid Sc Asked Sale Price Period - Exchange New York Stock Last Interest BONDS Range Sinos Bonds Friday's or 85% 98 % 102 98 101 103 105 .Volume 173 Number 5013 . . The Commercial and Financial Chronicle . (2111) NEW YORK BOND RECORD RANGE Friday BONDS. Interest ( New York Stock Exchange , Period FOR WEEK ENDED MAY 18 Week's Range Lttit Friday or Sale Price Bondii s Bid & Asked Low Sold High. •iday Range Sine* BONDS Jan. 1 No. Low New York Stock Interest Exchange Week's Last Period : or Price High Low C California Electrio Power first California Oregon Power 3y8s Canada Southern consol 3s 1976 National 1974 gold 4'As Jan-July debs series A 1960_; Clinchfiejd & Ohio 4s Carthage & Adirondack Ry— ' 106%. 108% 108% 27 108 % 111% lu6% 1jo% 4 106'A 109% .lOa'A 10o%1U0%. IOC/a *ud A 4 100% 100% 102 106'A 109% 6 __ Jan-July iUOVU 100'A 1965 Mar-Sept 103% 109 g5%. %05 __ June-Dec 92% — 108'A , 65 100 105 100 % 103% 102 "I __ Central New Central York Power Pacific Ry 3s 1974 102'A 104 II 102 y4 75% Chesapeake & Ohio Ry—. General 1974 4s 153 51% 52% 105 .«/•' • * .• . 1958_i— ' *__ * : P. mortgage " Chicago Gt West first 4s ^General 1nc mtge series 4'As A 101% 1017/a 31 98 % 101% 102% — 110 — A 2nd mortgage Chicago Indiana Jan 4'%s inc & 1 106% -i, 110'A St Paul 4s Jan 5 1 "497% 5 "-95% and 2%r4'As 1994 2%-4»As mortgage First and " - : 2 %s -,-99% .Cincinnati Gas Elec & G 1963 4s gtd 3%s mortgage C I T Cities Financial Service 3s -.vi General gold 4s E ,r« 1959— 1st mortgage Colorado 4%s & Ry— - (stamped 3s 3s Gas 101 '64'A 88 >. r 22 88 , *96% 88 1979—Jan-July series H 1993— Conn mortgage sinking 2%s f s / 94'% -I 96 , 2%s mortgage 4s 100% fund 100 372 100^ Pwr sink y>' . 1 83% 78 1 6 -f«■ •,v 4 . 103 Consolidated Cigar Consolidated First First and of refund *98% •? First 99% 32 ' 100'A 102 5 First ,1st & refund ' 103 1965' 1999 102 Gas 69 ■- of 3%s A 110 102 100% 94'% H8 95 100% 98 98 93 7 86% Consolidated El Lt 1st ref M 2%s ser T 1st ref M 2%s ser 1st Gas — 86 7% ref mtge s 2%s conv Consolidated debs & 1961 98'% 101 % 62 68% 79% 67 69% : consol f.2%s *98'A 89% 95'A 101 'A 15 101»/8101'/8 „ 106% 101'/a 2 105'% 99'% 99% 22 97 92 38 88% — *101 — 101% 101% 97% 98 37 97% 102% 97% __ 97% 10 97% 102% 101'% 8 4 • 101 „ __ RR 101 100% 106% 105% *__ 29. 94% 94% 99% 103% 103% ici% 99 *„ „ 102'% 104% 97 100 4100% 104% __ 95'A 95,'A *__ 96'A 100 „ *98% 99% 122% 99'A 104% 102% • —' \ — * , - 74% 104 105% 93% 95% 20 96% 100 Ye 38 ' 96 102% ' — — -95 — 100 102% 109% 142 . 102% 107% —. 142 % *108 110 *110 4-4- ' *103 108% 104 108% 108% 10 *108'A -- 104% 108% 112% 112'A ' "t 74 74 77% *99% ' — 4 ' ' 48 , 112% 82% 99 Ys 90 90% > 94% 95% — 96% 100 104% 100 103% 100 JL-*1 *100 100 104 V* ■ — 1971__Mar-Sept 74 99 '/a — 90% M-OT 1961., 101 May-Nov 101 June-Dec l959— 101% *100 76 91 102 75 76% 67 102% 75 82 81% *76 (B F) 95 Co-first mtge 2%s 1065 95 99% .Mar-Sept -May- Nov 81% 99% 95 3 96% 98% 101% , 5s 4%s General mortgage 3%s series N 1990 mortgage 3%s series O 2000 General series C series 1973: D 101 .°6 -Jan-July — General General — 1976— 101,^*101 3%s trust 1968— 2%s 101% 101 'A 10 *70, *19% 96 84% 93% 85% 93 96 72% 80 19% 21 102% 102% 82 82 *101 mortgage 3s 1978 debentures 1969— 68'A 68'A 27 82 3 1021/2 30% 1 Li 70 60 _June-Dec .June-Dec 67% *95% 101 95'/a 105'A 88% 102 76% 102% 98% — *11 -Jan-July mortgage 2%s 1979_ i_'. First mortgage 2%s 1980—1—i_i— 79% 102 ..May-Nov -April-Oct First, 102% 100 ..Jan-July 1st mtge-1976. Fist 3s 93 93% 87 . refunding 3%s-'series D 1969— _April-Oct mtge inc 4s series B Jan 2044. .—-—April Utilities 2 94% 78' 93% refunding 4s series B 1975—L -Jan-July mtge inc 5s series A July 2015. April Collateral 1223A 88 First and Gulf States 103 Va 128 Va 113 14 94 94 — General 101% 119% 113 *93% mortgage 2%s series P 1982™ _Jan-July General mortgage 2%s series Q 20l6— _Jtrn-July General mortgage 2'As series R 1961 _Jan-July AGreen Bay & West debentures ctfs A Feb A Debenture certificates B Feb General 1 5 119% 119% 113 General Gulf Mobilfe & Ohio RR— & 119% 113 -Jan-July -Jan-July -Jan-July .Jan-July .. 100% 102% 102% 102 __ 1 102% ' Water first 2%s mtge »v 1976—Mar-Sept 96% Hocking Valley Ry first 4'As 1999—&——Jan-July Finance Corp 23As 1970—I—i.Jan-July Hudson & first sihk fund 5s ser A Manhattan AAdjusted first 5s income 1962-June-Dec A 1957—,—Feb-Aug 1957——April-Oct Feb 5s 96% 1 *— 101 98 100% 101% 96% 100 7 123% 123% 123% 129 97% 1 29 101 % 99% 101% •70'A 713A 61 66 76 42 % 42% 44% 98 38 54% *105'% First mortgage 2%s series A 1981—Jan-July 3s series B 1978 95'A 95% '95% 3 95 99 3A 99 3A 10 Consol mortgage 4%s-3%s ser A 1979-„-May-Noi> Consol mortgage 53/8s-33As series B T979_May-Nou Consol mortgage 33As series C 1974 94'A 93% 94 101% 99'A 97'A 26 95% 102 26 99% 105% 100'% 105% 99% in 98% 99% 119'A 126'A 106'/a 239, — 107 trust Refunding 4s gold lines Collateral trust 5s Omaha Div — Jan-July Aprif-Oct 19861 — *99 __ May-Nov *— — Mar-Sept 98% 98 Jan-July 2- " 97 *55 38'A 38'A k 90 >- 90 Jan-July . __ - June-Dec June-Dec d37 __ / . 28'A ^-<137 *36 103 96% 54 58 67 35% 42% 89 90 25% 32 37 41 37% 41% 57 ;- 1 28V2 12 39 •*2* 40 104% 100 _2 38% ,> 80 102 967/a 44 100 Jan-July 98% 116 % 98 »A 98% 97 104'A 97'A 108'A 16 98 *__ — 103% 99% 97 112% 114 April-Oct 98% 99% *96 *•— Jan-July 99% *98% — 4s 1953 v— 1966—1—-—. & Term Division 99% * May-Nou _Jan-July IMay-Now —May-Nov 1952_—— gold first Feb-Aug gold 3'As 1953 gold 3s 1951— 6t Louis Div and Term gold 3s 1951 Gold ,3%s 1951 Western Lines first gold 4s 1951 Registered April-Oct — 3'As 1955 Debenture 4%s Louisville 1952 1955- Purchased Refunding 4s — (Bait) June-Dec 99% 102 105% Illinois Central RR— Collateral 13 100'A 99% Illinois Bell Telephone *— 105 105 1043A 104% 100'A 100'A 102 8 12 102 102 105-/4 100'A 101% 4 101'A 106% 106% 25 106% 100% 100% 101 80 98'A . 102 *11 101% 104% 108 102% 102% 100 ft 100ft iooVs 100% 100 A Feb-Aug —Feb-Aug First refund mortgage 4s'series D 1963—June-Dec Hlinois Terminal Ry 4s series A 1970 Jan-July 102% 104% 106% Jan-July Feb-Aug Illinob! Central and Chicago St L & N O— Joint first" refund 5s series A 1963—> June-Dec Firot and refunding 4%s series C 1963__June-Dec 105% 100'A 100'A 100'A Jan-July .1 108% 100% 100'A Jan-July —— L—.— „ 106 108% *1083A May-Nou - 95% 122% 124% April-Oct Gas page 55 *99% 101% Feb-Aug §ADeposit receipts §A7%s. series A deposit receipts 1946 5A6s series B deposit receipts 1946 see 97% 80 73 107'A 104% 101'A 101% __ . first 5s gold 1952. For footnotes — "2 98'A *94% • '■4 „ __ Crucible Steel Co of Am 1st mtge 3VbS 1966 May-Nov §ACuba Northern Ry first 5%s 1942 June-Dec • 5 A Deposit receipts .'—J June-Dec' ACuba 116% 5 ' 96% 1953__Mar-Sept H • 2'As 1968 Consumers Power first mtge 2% 1975' Continental Baking 3s debentures 1965 . 101% 76 97% City— X 96% 108% 8 104% 88% 89 April-Ocf - . 101% 1U2 Va 99' June-Dec Power ser 101% 105% 95 y4 i 93% mtge 3%s series G 2000— *_Jan-July Great Northern Ry Co— ' General 3%s series B 1952 73 4 — ,*...102% 102% „ 1982_Mar-Sept 1977_April-Oct 1981— 1962— Natural 94% 100% G 100 66 *89% __ „ April-Oct Feb-Aug 1954 19-76 U 90% 162 77 97% LApril-Oct April-Oct General Realty & Utilities Corp— • : A 4s conv income debentures 1969-. 95 5 „ 68'% York— Bait 103% 77% 6 *92% —— refunding 5s series A 1974—Mar-Sept ACertificates of deposit: Mar-Sept 102 97'A 6 98'A *63'% mtge 3s series E 1979—Jan-Ji'ly Co 96 Co- ^Florida East Coast first 4'%s 106 96'A 11 98 *98% __ Apru-oct mtge 2%s ser A mortgage 4%s 101% I mtge 3s ser F 1901 3s convertib.e debentures 1963 General 96% 2 104 Mar-Sept —1— Firestone Tire & Rubber 3s debs 101% 101% 100 86% — Ju?ie-Deo ref Consolidated 104 . General mtge ino 4%s ser A Jan 2015-—.—April First consol mortgage 3'As series E 1964_Apfil-Oct First consol mtge 3'/as series F 1990—i_Jan-July < mtge 2%s ser B mtge 2%s ser C 1972—June-Dec refunding 3s series D 1972 May-Noo and — Feb-Aug 1965 I. 97% 102% — *93 "105% I' -96'A- 96'A97% refund and 22 95% 97% 108% 110 109'A First and Feb-Aug 1978 refund First and 95% *74 19801— El Paso & Southwestern firSt 5s Goodrich • *93 85 , 102 „ . 98 __ 1970_—May-Sepf 4s 1955—Feb-Aug 1977 New 96% 95 101% 101'A —— June-Dec 1970^ Hudson Coal Corp 3'As 1965 Edison and 68 77 89 78 •? ' , 103% 104'A ,• 98~* 1964__April-Oct 1999—J fund MM 101% 84'A 78 Feb-Aug debentures 105% 100% *82'% 4,98 June-Dec 3'As N 9 79'A -June-Dec 4s* 1995 i Elgin J0liet,& Eastern Ry 3'As Hackensaclc trust series as 77 101 — OO 78% aune-Dec East Tehn Va & Georgia div first 5s 1956 May-Nov Edison El 111 (N Y) first' cons gold 5s 1995_Jain-JuIy 100 "4—4 wzz-**-. May-Nov first external debentures River 100 -- Jan-July 1970 - First mortgage 3s series L 75% — II 96'A 100 April Commonwealth E'dison Co— 3s — -- 98'A — Household Columbus & Toledo f irst *97 Mar-Sept AFirst and — I *100 :_Mar-Sepf gtd 4'%s 1961—April-Oct Elec , — 74 74'A System Inc— Ohio 78 *102 Chemical 2.35s debentures 1961 May-Nou Duquesne Light Co 2%s 1977— Feb-Aug 1st- mortgage 2%s 1979—x—__i.—_„April-Ocf . modified)' 1980 South & 88 4 fixed First cohsol mortgage 2s series H Ohio Division first mortgage 3'As 65'A —Jan-Juiy ;.,.102% debenutres series A 1975 debentures series B 1975 Columbus 82 *76% __ Jan-July First 64'A ^ 1985_s. and coll 88 88 87'A Iron Corp— First mortgages Columbia 80% 104% — 1990—May-Noo 4.: Southern Ry— Colorado Fuel & 47 fixed 70'/a 64% — .June-Dec first May-Nov u.—April-Oct 1993 76 74'% %—103 June-Dec 1982 2%s 84% Dow 101 99% June-Dec Illuminating 3s 1970 Cleveland Short Line '!••• 64 57% 99 10 June-Dec 1961* Chic & St Louis 3s 79tt 83% 1977-June-Dec , Jan-July 1966 first coll trust 4s Electric mortgage 22 58 — £s series B 1993 June-Dec Refunding and impt 4%s series E 1977__Jan-July Cincinnati Wab & Mich Div 1st 4s 1991-Jan-July First 1985 May-Nov 1976_Mar-Sept 98 20 — JW*Aug —April-Oct 1993 St Louis Division 3s stamped 65'% General Cleveland 72 88 Detroit Terminal & Tunnel 4%s-T961— Detroit Tol & Iroriton RR 2%s ser B Railroad 75% ^,.>4 4 • *. 1969—Feb-Aujr*> w^^^ *103% 1974- City Ice &, Fuel 2%s debentures City Investing Ca-.4s debentures Cleveland Cincinnati (3% interest) first lien gold gold 4s 1995:—1 ASeco'nd 5s 74'% Jan-July f debsT976_^_— s 99 "5 May-Nov refund 2%s'series I 1982—May-Sept Gen & ref mtge 2%s ser J 1985_— Mar-Sept 3s convertible debentures 1958—1_ June-Dec 100 »A 80 V 7 , G 92% 72'A — and Erie 99% lOO'/a — 1962_Mar-,Sep< 2%» 1975_Aprif-Oct series Corp 2%s Co , €0 , First mortgage 2%s series 94 % 72% RR— ' contingent interest) ■ Edison General 95% 92% - Jan-July . 99% 99% 1952__Jan-JulyM;,10GJ% >100'A 100% D First mortgage 27/8s 1978 Cincinnati Union ..Terminal— First Western mortgage (3% 130% 64'% — *•: , 81 'A- 64'A 88 Jan-July conv series mtge ,82 t 98 64'% ' 1st -71% 4 75 Jan-July series B ser •- — ; refunding 4%s 917/s 58'A 1994_Jan-July mortgage J %s series F 1963 First - *97% 100% Jan-July Chicago & Western Indiana Detroit A . __ . First *90'A -- 101 126 > *.v% . * % ApEJWv"iL'>-v#-64" Chicago Union Station— - 156 ■ ,t *80 >r.>^ Jan-July 1980 refunding mtge 101 104 101 101 ,.v- .. *87% —. Chicago St L & New Orleans 5s 1951— June-Dec Memphis Division 1st gold 4s 1951 -June-Dec Chicago Terre Haute & Southeastern Ry— First 102 V4 95 107 % 95'% ,i_ „ 1999—April mortgage 3s series B 1989-. Chicago Rock Island & Pacific RR— Income 99% 95% ..... First A 22 36 _May-Nov 1985— A ser series A contingent Income 111% 97%." tli -72l% %75% ^-Jan-July, Second mortgage conv inc 4%s Jai£ 1 ser 104 "106 97% . *73%. • Pacific RR— & 99% 100'A 95 Denver & Salt Lake— 1st 27 106'A 106'A , *96101 2003——April 1956 Chicago & North Western Rf— mtge 2%s 112% 95% ; — .First mortgage 4s series A .1994 Jan-July General mortgage 4'%s inc ser A Jan 2019—April 4%s conv increased series B Jan 1 2044 April 1st 107'/a 117 110 27 -.106'% 107% • , -^4^.. Jan-July April " 2038 A ser Southern Chicago Milwaukee 105% 103 110% 28 ■ • 104% 98% 26 104'/„ 105 *110% 114 . May-Nov Chicago Indianapolis & Louisville Ry— Aist mortgage 4s inc series A Jan 1983 May 1 2042, Detroit & Mack 122'A •> 1988 — 99% 95% —May — mortgage series A (4%% contingent interest) 2018 133 4 ; Grande mortgage 1% 103 , 122% 122% 104'A > April First mortgage 3%. series B :1985— Chicago & Erie 1st.gold 5s; 1982 — May-Nov A Income 105V!» 102'/8 -I & Rio First . 1997 4-6s mtge' & coll'tr 4%s 1 % 104'/2 102 -102 vAV, inc conv 5s 101 — — 104 % 101% refunding 4%s series B 1977<__Feb-Aug First and refunding mortgage 3%s 1985—Feb-Aug First and refunding mortgage 2%s 1970—Feb-Aug rlst & ref mtge 3s-1990—., Feb-Aug -^General 1993 First mortgage and coll trust 2y8s 1st mtge & coll trust 2%s 1980- 59% 122% Mar-Sept — due 1st mtge & colftr 5s 1st 87 101 % *102% __ Jan-July First and trust Delaware Power & Light 3s 1973 First mortgage and coll trust 3'As 85'A 51% 101% 101% _ Mar-Sept „ 95% April-Oct Pennsyivariia Division— 96% 55% 97 »A Chicago, & Eastern .111 RR— • 75% *99% _ Feb-Aug Chicago Burlington & Quincy RR— General 57 85 51% Refund and impt M 3%s series D 1996—May-Nou Refund and impt M 3'As series E 1996 Feb-Aug Refund and impt M 3%s series H 1973—June-Dec B & A div: first, consol gold 4s 1989 Jan-July Second consolidated gold 4s 1989 ; • - 55% 56'A Feb-Aug —Jan-July 1965 19921 4%s 76 II April-Oct 1968, 3s Collateral 1U4 Co— Champidn Paper & Fibre deb AIncome. mortgage Denver Jan-July First and refund 3%s series A First mortgage 3%s series B 7 — " Central RR Co of N J— 1987- 96% 1057/a Morris & Essex division 74 102 of 3'As Hig* —— York Lackawanna & Western Div * ' Ffrst arid refund M 5s series C 1973—May-Nov -4 First mortgage Low New 106% 65 =''102 Georgia Ry— mortgage series A 1995 Jan-July A Gen mortgage 4V2s series A Jan 1 2020 May AGen mortgage 4%s series B Jan 1 2020____May 96 *99 -- Delaware Lackawanna & Western RR Co— , 65 101% 101% Feb-Aug Feb-Aug 5 A Central Branch U P first gold 4s 1948__ June-Dec General Jan. 1 No. , €5 April-Oct Corp 3'As debentures I960— debentures (1947 issue) 1960 Range Sinet Sold High *— — . Deere & Co' 2%s debentures 1965 Delaware & Hudson 4s extended 1963_, r '*91 , Dayton Power & Lt first mtge 2%s 1975—April-Oct First mortgage 3s 1978 Jan-July First mortgage 3s series A 1978 June-Dec Dayton Union Ry 3'As series B 1965 June-Dec lUl % „ First mortgage guaranteed 4s 1981 Celanese Corp 3s debentures 1965 Central 104 % 110 106% —Mar-Sept Carolina 3'As 104 103'A 10 f Feb-Aug Mar-Sept, * Celotex lu2% 103'A 104% 10314 June-Dec — 1956 Guaranteed gold 4%s 1951. Canadian Pacific Ry— 4% conv debenture stock (perpetual) Capital Airlines, Inc— 4^ I~ May-Nov April-Oct Ry— Guaranteed gold 4Vis 1957 Guaranteed gold 4%s, 1955 Guaranteed Bonds D June-Dec gtd. 5s A 1962 Canadian Range Friday's Bid & Asked *99% 100 hi 100% 108% 107% 108% 103 100 96% Indianapolis Union Ry Co— * Refunding and imp 2'As series C 1986—June-Dec 103'A 997/a 100 97 100 52 27 10021 10052 100 il 106'A 110% 9 102% 106 9 99'A 102 '3 96% 99% 937/a 105% *87 Jlnteraational Great Northern RR— AFirst 6s series A 1952 : Jan-July April-Oct Jan-July AFirst gold 5s series C 1956»i. Jan-July Inter Rys Central America 1st 5s B 1972—May-Nov ♦AAdjustments 6s" series AFirst 5s series B A July 1952 1956— 98'A 98%' 99'A" 51% 49% 51'A 94 94 94 ^42 236 20 49 57 88% 99 99 *93 94% 88% *97 99% 97 100 27 Chronicle and Financial The Commercial 28 * .. . Mopday. May Jl. I$ft (2112) NEW YORK BOND RECORD WEEK ENDED MAY FOR RANGE J8 Week's Range Friday Week'* Ranee Friday Interest BONDS Friday'* or Bid & Asked Sale Price Period Exchange New York Stock Last High Low AFirst deposit AFirst 4%s series D 1956 ACertificates of deposit AFirst 5%s series A 1954 ACertificates of deposit Plain 4Vis & Toll certificates 1959 5s 35 103% 105% 9 102% 104% 102% 103 N General , * 112% .116% 112% — "43% 42% *100'A 100 V* — New *11 166% 3 100 % 103% N % % N 101 N •3 Vis registered Lautaro Nitrate A First income ref stamped First mortgage 5s extended to *87% First :,93% 12 • 88' • > 81% 3 82% 4 18 68 % '8 N N 81 88 82 63% N 95 93% • 81 62% bonds— -Map-Not May-Not Series A 4s fixed Interest 2003 4Vis fixed interest 2003 Series B Series D 4s Series F 6s 2003 contingent interest Lehigh Valley Terminal Ry— First mortgage 5s extended Miami Little 3s (P) (1962) 4s series general Electric ALombard Lorillard series 7s 1963 & Elec ; 54 59 74 121 100% (R H) 99% t 99% 7 103 100% 10 99%, ioo * ;v First mortgage & con 4s series B June-Dec 85% r-1 ;;:ioo 93 105% 100 19 101 103% 81% 10 95 *95 • : \ 103 100% 102 y4 100 79 » 97% 97% 99 96 100% 54% 49 i 57 98% 96% Minn St 7*47% *97 v. *98% & lien 5s 40-year 4s series B Prior lien 87 , : Jan-July 1962 ACum adjustment 5s ser A Jan and A General 1967 April-Oct V refunding 5s series A 1965—Feb-Aug AFirst and AFirst and Mar-Sept refunding 5s sries F 1977 Mar-Sept refunding 5s series G 1978—May-Nou §AConvertible gold 5%s series A 1949—Map-Nov AFirst and refund gold 5s ser H 1980 April-Oct AFirst and refunding 5s series I 1981 Feb-Aug Mohawk & Malone first gtd 1991 4s Monongahela Ry 3%s series B 1966— Morrell (John) & Co 3s debentures 1958 Morns .... & first Essex Construction gtd 3%s 3%s 2000. 4%'s series B States Tel debentures Tel &i 56 88 Pacific Gas & ' 92 % 87 9 58 17 56 2%s 15 87% 99 First First ■ 98% 90% 90 90% 90 90 90% £5 95% 5 r 'First 102% 97% 87 89 First 97% 3 97 67 First First 106 92 First 1955 106% 108 93% 108 90% May-Nou 93% 106% 108% 106% 106% 62% 108 62% 64% 106% 96 104 110 10 104% 110% 417 61% 69% 111% 64 104% 110 64 1 74% 64 102% "99 Pacific 104% 64 60 % First 99% 89;; 205 61 99 % 99% 100 98 % 97% 98% 103 101 % 101% 60% 51 16 101% 60 % 68% 100 % 95 24 92% April-Oct 93 99 92% 105 National Dairy Nat'l Distillers B 1986 Feb-Aug 2%s Products debentures 3s series debs 1970—June-Dec 1970— 93% Products 3%s debs 1974—April-Oct 102 England Tel & Tel Co— First guaranteed 4%s 3s debentures debentures series B 1961 1974 Bell Telephone 3Vis 1988 New Jersey Junction RR New Jersey Power & Light 3s 1974 New Orleans Great & Nor New Orleans Term 5s A series ■ACertificates Fo; footnotes B of 4s Si 104% 98%. 27 v 98 98% 102 101 101% 1983 Jan-July 110 *99 % 100 102 % 113% . 99% 102% 105 104% - 103 — *85 *97 107% 85 Mar-Sept 99% Jan-July 103% 103% 85 105 102% 103% RR— gtd 4s 1952.i_Jan-July 1953. Jan-July *100%' 100 102 101% 102 7 ,102% 101%. 403 Mexico; Ry— 1954— denosit see lOtv. 101 1986_Feb-Aug 4%s*series A first (New Orleans Texas AFirst 5s Northeastern Refunding & impt 105 % 101% 110% 110% *99% * page 29. ApriZ-Oct . 101 #4% i4i ». 78% 2 n<* #4* a •w m 69 69 70% 1*41 *4 53% 53% 53% 540 m 8% 9 4% 4 4V# 1% l#i% 4 96% 95% i % *% n 4% % 4 14 101% 101% 8% 74% 70 •68V4 •92 ' 103 U 103% * t* n 66% 67% 35% 35% 33% 14 23% II 23% 71 81 •78 95% "4 101% 101% 95 $ 95 v 194% IvS"* # •99 i 95 95 95 Mm 97% *97 ti4% I 135% 135% I. x 1st i—% *117 i ■■■* lit 122% 122% 122% vim •104% 107% 21 103% 104 103% *■%» •98% 7t ♦) "4 65 67 62% 62% 4 93 94% 24 103 103 103% 12 103 103 105 14 194 *' 104% 104 105% 74 1*^ iAf 96% 31 65% 95% 96% * * ' i '* * i S-*«\ 101 •—■ |*1% *:#» 95% 102 99% *— *96 6 ir* mm 97% •92 99% 100% 44 95% iste n 104 *— *4% 95 *91% mm t «2*» im 91 101% 102 101% t#t 100'% 101% 41 101% 101% 101% .19 100% 99% 100% 2i m 99% 100% 1» P>4 100% *95 97 % 99% %■% >• debentures 99% 93% 9611 961 a *102 ■' 1 ■ *100 * «#■ I *» V 101 % % p* . 3% , w ^ * ■ k '0 ■ ■ixm ■' , tl; > i 90 101% 101% < ** *; 101 90 90 % ' m 100% *100 — - , . * ■ 103% •98 Pennsylvania-Central ■* \ v* % J- #1 100% 100% 100'/# ' % % (■■■. 6 99% 93% '■ £6% % •** * . •97% ■ -* * •100% 101 99% •#» • 93% *96% $ '* 4 101 100 101 debentures Airlines— t A3%s convertible inc debs Sept 1 I960—April-Oct Pennsylvania Co— 7 Guaranteed 4s series E trust, ctfs 1952__Map-Nov Pennsylvania Glass Sand 3%s I960— June-Dec l at % 1^ 105% *102 June-Dec 1986 — —April-Oct 1987 ___April-Oct 1973_. ——Mar-Sept 3%s debentures. 1983—— — —Mar-Sept Pacific Western Oil 3%s debentures 1964__Jime-Dec Paducah & Illinois 1st s f gold 4%S 1955__Jan-July Pennsylvania Power & Light Co— 3s 1975 RR— Consolidated sinking fund 4%s General 4%s series A 1965 General 5s series B 1968__ General 4%s series D 1981 102% 97 101% 11 98 ^II—Mar-Sept New Jersey New Orleans 9 23 *101 Map-Nov 4 . 87 debentures 3%s 99 102 102 April-Oct gtd first 10 93% . 1982— 3s Map-Nov - - 5 101%.102 Corp. first mtge-3s 1965—April-Get National Supply 2.%s debentures 1967——Jane-Dec New 98 101% 101% National Steel Naugatuck RR first gold 4s 1954. 93% 97 June-Dec » ^ » 87 X- 1 if 101% 101 % * i n * 4 ■ a * - 100% 104% 101% 101% 99% lApril-Oct mortgage 1960 Feb-Aup June-Dec ——June-Dec 110% 99% 101% * 9- 4 12# 106% 107 ■ m ■ '• 99 21 98% 98 98% 15 87 2, #■» ' 77% 39 98% 77% 9 39 40% "♦ 97 98 s*" '* %4 % 9 " — May-Nov 1996_June-Dec 109 109 '» 98% 98% 98 * i* 96% 97% 14# *97 *9% 9 "*■•¥» m *■ 4 10 ''ft % 99% * n um In % •• $ 118% 123% 99% — % »'<4 *4 » 99 9 -* '» t« * — 96% % s U 117 •97% 118% * *4 15 •115 4s 1937—Jan-July Pittsbgh Bessemer & Lake Erie 27/«s -.4 m 86% **■>» 4., • 1964—Feb-Aug -m * !** 97% v— Phillips Petroleum 2%s debentures 2%s conv debs 1975 •*% } a# 97% . A '4<'* 9 5^ 24 101% 102% 106% ApriZ-Oct E 1984 Jan-July General mortgage 3%s series F 1985——-Jan-July Peoria Si Eastern first 4s external I960-.—April-Oct A Income 4s April 1990— — April Fere Marquette Ry 3%s series D 198C Mar-Sept Philadelphia Baltimore & Wash RR Co— General 5s series B 1974 Feb-Aug General gold 4%s series C 1977 Jan-July Philadelphia Electric Co— First & refunding 2%s 1971 June-De« First & refunding 2%s 1967 May-Nop First Si refunding 2%3 1974.1, May-Nov First & refunding 2%s 1981^1 June-Dec First &< refunding 2%s 1978 Feb-Aug 99 109% 110% ' General mortgage 4%s series r-JAPhilippine Ry 1st sink fund i J A Certificates Of depeosit_ 5- >■ Pennsylvania 93% » ■* 77% — June-Dec June-Dec Si refunding 3s series K 1971-——June-Dec & refunding 3s series L 1974 June-Dec Si relunding 3s series M 1979— June-Dec & refunding 3s series N 1977———June-Dec & refunding 2%s series P 1981 June-Dec & refunding 2%s series Q 1980 June-Dec & refunding 3%s series R 1982_,^—June-Dec & refunding 3s series S 1983—. June-Dec & refunding 2%s series T 1976 June-Dec Tel & Tel 2%s debentures 1985—June-Dec 3%s Ngshville Chattanooga & St Louis3s Electric Co— 2%s First mortgage ' 97 101% .Map-Nov 1978 109% 104 60 284 107 106% 108 Map-Nov J —June-Dec 1986 First N First *100 ' '' #■* 1M til » 100% *100 Mar-Sept 'First Si refunding 3%s series I 1966 First & refunding 3s series J 1970 69 90% 98 108 • 80 101%. 89 95 21 *.«•. 106 56 Mar-Sept ..Feb-Aug mortgage 5s series A 1955—May-Nou Construction mtge Mountain 99% IOO 105% 70 13 ' 1975 4s 101 70 101% 4%s series D 1978——_—_Jan-July (Missouri Pacific RR Co— A First 108% 103% 104% 70 v/' •id ,^^JanrJuly 3 962— A ; V 102 *101% 102% 1990-i—June-Dec first 4s Texas serifs 101% , ; Jan 1971 May Jan 1991—May Missouri-Kansas-Texas RR— Prior . 105 April-Ocf 1967 First mortgage 4%s inc series A A General mortgage 4s inc ser A Missouri Kansas 92 105% 105% *— 101% 101 94 94 -*104 3 O 100 100 *96% 101% 105% 2 88 •103 1977-—April-Oct ..Mar-Sept first mortgage 3s 1974 _ApriZ-Oct First mortgage 2-%s 1975 .-i; Map-Nov 1st mortgage 2%s 1980 —Feb-Aug Oklahoma Gas & Electric 2%s 1975—— June-Dec First mortgage 3s 1979 Map-Nov -1st mortgage 2%s 1980—™— —April-Oct Oregon-Washington RR 3s series A 1960 101% 106% *101% 107 i 95 88 Feb-Aup mortgage ^ % •4 95 Quar-Feb 1 2047—— if 19 100% 100% Ohio Edison Marie- St 3s Jan !4 6* 63 109% .tff: 2%s Mtg lien « 7 — i— ——Quar-Jan 103% 100 V — vvT >.Y"; :, n.. & Quar-Jan 1997 (Wisconsin) 100 102% *100 April-Oct%: Saulte & lien 4s registered; 1997 "i % , »»2% 2 62 0 _Feb-Aug ___. 1988 Mining Paul 5s 62% 61% 100% 99 Jack Lans & Sag 3%s 1951Mar-Sepf First gold 3%s 1952 Map-Nov '-Refunding & impt 4%s series C 1979—Jan-July Michigan Cons Gas first mtge 3%s 1969—Mar-Sept First mortgage 2%s 1969—X —_Mar-Sept ; First mortgage 3%s 1969— ——Mar-Sept 3%s sinking fund debentures 1967 Jan-July JlAMidland of N J first ext 5s 1940 April-Oct Minnesota mtge • *96% 1954—June-Dec Michigan Central— Jan-July April-Oct Western Ry 2%s 1979— llrst mortgage 2%s First mortgage 3s 1979—: Northwestern Bell Telephone— 2%s debentures'6 1984 83% Michigan Bell Telephone Co— debentures 4s First ; 102% 82 82 May Dept Stores 2%s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966 —June-Dec Metropolitan Edison first mtge 2%s 1974—May-Nov 3 Vis . —' # • 62% % 62 (Minnesota) first mortgage 2%s 1974—._Feb-Aug /.:<• First mortgage 2%s 1975——— April-Oct First mortgage 3s 1978™ Jan-July fund Feb 1 1957—May-Noo (Southern Lines) 4s 1959 May-Nov ■First mortgage 2%s 1980 94 * ■' 74 11 1981—_Jan-July registered 2047 .—— -Quar-Feb Relunding & improve 4%s ser A 2047—Jan -July Refunding & improve 5s series C 2047—-Jan-July Refunding & improve 5s series D 2047 Jan-July Collateral trust 4%s 1975 Mar-Sept Northern States Power Co— c> 107% *96 1* 65 3s 98 107 .98 w.;:.' Manati Sugar 4s sinking Manila RR Prior 99% 95 95 85% 75 64% , convertible inc 2014.April-Oct first gold 4s 1996—April-Oct Northern Central general Si ref 5s 1974—Mar-Sepl General Si refunding 4%s ser A 1974___Mar-Scpt . Map-Nov Maine Central RR 4%s series A 1960 w Feb-Aug Feb-Aup Map-Nov mortgage AGeneral Norfolk & ioi% .General ' H! Map-Nov 1972 Si Co 2%s debentures - Jan-July 2%s 1980 1980 Norfolk Southern L»y Co— M Macy RR— gold General mortgage 2%s — 100% 100% ^ 74 Map-Nov 3s series F Mohawk Power Corp— General 90 ' 2007—Jan-July A 2022—May Northern Pacific Ry— II 75% 74 65 Y Telephone Niagara , 12i ioo n Map-Nov 1954 Refunding mortgage 63% i ' 867/« 10 87 120 *103% 1998_Feb-Aug Feb-Aug 2%s series D 1982— Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug N 70 4 ioo 2%s 1979—May-No» 1st mtge 20 59 > *„ April-Oct April-Oc,t April-Oct Mar-Sept mtge 33/»s ser F 2003 First Si refund mtge 27/8s ser G 2003 First & refund mtge 3%s ser H 2003 St Louis Dlv second gold 3s 1980—. Ml Knox Si Cincinnati Dlv 4s 1955— Louisville Gas 77% <"48% 86% 87 Feb-Aug Feb-Aug 4%s 1937-— f AGeneral gold 5s 1940 -SATerminal first gold 5s. 1943 84 1 ' ioo ; Louisville Si Nashville RR— First & refund ■ 59 48% Aprll-Oct 1978————Mar-Sept debentures 68 52 78 ' % 3s series F mortgage 4s lASecond June-Dec 1952 A 3s debentures Co t 51% 55% 78 48% 54 April-Oct ApriZ-Oct Feb-Aug May-Nov to 1979 Lexington Si Eastern Ry first 5s 1965 Liggett Si Myers Tobacco 5s 1951 68 M Louis— (N Y Susquehanna & Western fAFirst refunding 5s 1937 .71 %T 76% 62% 54 1 78 May May —May 2003 interest contingent 4Vis contingent interest 2003 *Series E * May-Nor \Series C 5s fixed interest 2003 ' 62% n ref 4s June 1992—Mar-Sept June-Dec Y Power h Light first mtge 2%s 1975_Mar-Sept Y. Si Putnam first consol gtd 4s 1993—April-Ocf Y State Electric & Gas 2%s 1977 Jan-July Y Steam Corp first 3%s 1963 • Jan-July Lehigh Valley RR— General consolidated mortgage }« series B First 101% 87% ~1 82% Jan-Julf $ 76 ** '' 75 (AN Y Ontario Si West A General 4s 1955 97 100 89 81 Feb-Aug 1984 mortgaged Vis extended to 1974 4- General mtge conv inc 4%s series Harlem River Si Port Chester- 99% 96% 2 88 88 75 r% Jan-July A ... 100% *100 Valley Railway— Lehigh 96% N Feb-Aug Feb-Aug Feb-Aug 1954 1964 1974 Lehigh Valley Harbor Term Ry— 5s 102% 94 93% 93% 1970_April-Ocf Sinking fund mortgage 3 Vis ser A Lehigh Valley Coal Co— -First & ref 5s stamped First Si ref 5s stamped & 88 98 98 June-Deo 1975 reg Lehigh Coal & Navigation Co— First 91% 86% Ltd— Co mortgage N „ *89 June-Dec 1997 97 97 *95% 37/*s.ser A 1968—June-Dec gold 3%s 1997—June-Dec mtge sink fund 75 1/9 1998 1973. Y New Haven & Hartford RR— First Si refunding mtge 4S ser A 4%s Lakefront Dock & RR Terminal- mortgage First N First 192 76 3%s series E 1980—June-Dec 1986 April-Oct Y Connecting RR 2%s series B 1975 April-Oct Y Dock first gold 4s 1951 Feb-Auj Y Si Harlem gold 3%s 2000 Map-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043 Jan-July .Y Lack Si West 4s series A 1973 Map-Nov 166% 20 Lake Shore & Mich South 16# 67 % Refunding mortgage 100 101 York Chicago & St 4 64 66% Jan -July gold 3%s registered 1998 Michigan Cent collateral gold 3%s 3%s registered 1998 100% U h4% 63% 3%s 1997 collateral * 67 3%s 42% — mortgage Shore Lake — '* €3% 3%s registered 1977 i 98 97% "98% Jan-July Aprll-Oct Aprll-Ocl Mar-Sept 1961 Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mortgage 3s 1964 unguaranteed 98% i*m —Feb-Aug Refunding & impt 4%s series 98% 99'/2 103% 104'/4 103 Jan-July 1961 (AKreuger •II 103% 102 103% A 2013—April-Oct Refunding & impt 5s series C 2013 April-Ocl Y Central & Hudson River RR— 102 98 ji I#6 Feb-Auy — • % i ***» |.f« ft 4*fW •100% ApriZ-Oct Consolidated 4s series A 1998 91 85% - "97 % H , — "101% of Central RR Co— York New 93 ■"90 ApriZ-Oct Kansas City Power & Light 2%$ 1976 June-Deo First mortgage 2%s 1978 June-Dec 1st mortgage 2%s 1980 June-Dec Kansas City Southern Ry 4s ser A 1975—Aprll-Oct First mortgage 3%s series B 1968 June-Dec Kansas City Terminal Ry 2%s 1974 April-Ocf Kentucky Central 1st mtge 4s 1987 —Jan-July Kentucky & Indiana Terminal 4%s 1961—Jan-JuZy Stamped 1961 —Jan-July 4s 1990 1st mtge Kanawha & Mich •' IW t 102 % 102% JFeb-Auy 1956 Series C 5s ACertificates 95% 102 103% "96 1976—Mar-Sept Light 27/«s Power Si Jersey Central 1959-June-Deo Clear first 4s Jamestown Franklin & Mexico Ry—(Cont)— Orleans Texas Si New 94% 85 22 87 85 85 tin; #0. High Low No. « 5*14 High Low !.•#«♦ #f**4 Bend* Friday's or Bid Si Asked Sale Price Period Exchange New York Stock Jan. 1 Sold Last Interest BONDS Range Sinsa Bonds •97% — im lS W % The Commercial 28 and Financial Chronicle ..Monday, May 21, 1951 . . i ■t ".(2112) NEW YORK BOND RECORD J8 Jan. 1 Orleans Texas k Mexico AFirst 5s 95% 103% *96 94% 85 22 87 35 85 first 4s l®f9-^ne-Deo Jersey Central Power k Light 2%s 1976—Mcr-Sepl AFirst 4'/as ACertificates *90 City 1976 Power & Plain *98% 1959 tAKreuger de Toll 5s certificates 105% 9 102 % 104% 97% 112% 116% 42% 42'/a 100% 100% *11 100 10I 101 166% 103% Lakefront Dock & RR TerminalFirst 1968—June-Dec mtge sink fund 37As ser A Lake Shore k 3Vis Lautaro First ref k Series D 4s Series F 6s contingent Interest 2003 Lehigh Valley Terminal Ry— First mortgage es extended to 1979 Lexington k Eastern Ry first 5s 1965 ALombard Lorillard A 1952 Electric Co 81 debentures 81'A 81 82% 82 88 ' 63% 18 68 68% '8 *68 76% 4 77% 78 78 48% 48% 51% 52 54 55% 20 54 59 59 4 84 "46% 54 ,59 78 86% 87 . • " 63% I 70 ' 74 L 86% 121 l2i 9 100 li 101% 120 10052 100 J2 90 A 99% 10 99% 99% First k refund mtge 33/»s ser "•"'■•I,'-'1'95 ApriZ-Oct April-Oct April-Oct Mar-Sept Atl Knox k Cincinnati Div 4s 1955 Map-No? Louisville Gas k Elec 1st mtge 2%s 1979—May-No® F 2003 General-mtge Prior 99% 103% 81% 10 101 100 100 95 • 85% 85% 93 105% 100 19 95 *95 *„ 98 103 98 107'/a 100% 107 *96 18 75 94% 74 74 75 19 74 88 65 64% 65 18 64% 73'A 62 % 69% 61V1 72 62% 63 102 V* lien — 69 Collateral ' Macy (R H) k Co 27/gs debentures Maine Central RR 4Vis series A 1960 First mortgage & con "II M June-Dec-* 82 — *47% *97 Mead Corp first mortgage 3s 1966 —June-Dec Metropolitan Edison first mtge 2%s 1974—May-Mo® First mortgage 2%s 1980 Michigan Bell Telephone Co— 3 Vis debentures 1988 Li Lans 97% 100 96 100% 49 -57 96% *98% 83% 102% 106% 1969 100.. mortgage 3%s 1969 3%s sinking fund debentures Minn St First of N first J Mining & Paul k ext Saulte St 1967 5s 100 mortgage 4s inc 5s series A A Jan ser lien 108% 101 AGeneral . __ V 56 .•••-it/- ,nt 103% 104% 66% 67% 16 35'A 35'A 10 31 Va 23'A 23% 11 -22% *78 95 87 88 9 87 58 17 56 A Jan Monongahela Ry 3'As series B 90% 15 87% 97% 14 5 87 debentures 1 90 90 90% 3 89 95 £5 95% 67 92 106 60 104 102% 108 93V4 106% 108 93% 284 89 108 106% 108% 96 104 First Distillers — 106% 106% 62% ApriZ-Oct 108 -Feb-Aug Mar-Sept 90'A 62'A *98'A guaranteed * I 99% 10 < 64 104% 110% 61% 69% 205 1041/b 111% *99 64 1 104% 62% 93 94'A 20 103 103 103'A 12 100'A 105'A 103 103 105 10 100 105'/a 104% 104 105'A 79 103 106% 1 110 3'As series B 1961 May-No?' 1982 April-Oct 1974 ,.—I_Mar-Sept 1988 HJan-Jttiy Jersey Bell Telephone 3%s Junction RR gtd first Orleans Great Light 3s Nor 5s A New Orleans k Northeastern Refunding k impt Term 4s 1986 Feb-Aug 1974 Mar-Sept 1983 Jan -July 51 60% 16 95 97% 24 98% 92% AFirst 5s series •ACertificates Fo: footnotes B of 101% 102% 101% 102 97Vs 97% *92 101% 97 102 98 93 gtd 4s A 1952 1953 Jan-July Jan-July Mexico Ry— 1954— deposit page 29. ApriZ-Oct *102 105% 102 ' ri 5 10 9 93% 105 100'A 99% 100'A 21 99 105% —June-Dec 100% 99% 100 % lo 98 105% „ 100 101 June-Dec 6 101 *95 987/a 97% - 99% 99'A •p- 93% 93% •-2 96 % 103Va *100 100% — 1st *98 —June-Dec debentures 1964. f gold 4'As 19551—Jan-July s ; *100 I • 27 98 » June-Dec 101% 101 _r series E 81% 93 100 Va 102 101'A 101% 101% 1 101% 102% 97% 104% 99'A 99 % 27 110% 109'A 110'A 20 101% 101 % 106'A 106'/a 107 4'/4s series D 1981 June-Dec June-Dec April-Oct 97% 97% 99 23 mortgage 4%s series E 1984—__Jan-July 98'/# 98 98'/# 15 86 % 87 77 »A 77% 39 39 40'/# 98% 97 98%- General Pere 1975 3s 99 RR— fund 4%s sinking 4%s series A 5s series B 1960 1965 1968 mortgage 3%s series F 1985 I960., k Eastern first 4s external 4s Marquette 1990— April Ry i 3%s series D 198C Jan-July April-Oct April Mar-Sept 126 102% 29 General 99% 105 100 107% 85 101 % 102 First 101 102 100 ...102% 100% 104% 401% 101% gold < First First k k 1975 97% 107% 98 , ' 107% 85 Va 9 75% 84 15 35% 48 ''"f 9 97 94'A 104% 117 115% 109 109 109 .114'/# 98 102% 97% 102 % ' ' '97% June-Dec May-No® ^..May-No® j——June-Dec Feb-Aug 1937—Jan-July refunding 27/«s 1978 Ry 1st sink fund 4s of depeosit Phillips Petroleum 2%s debentures 1964 debs 114 *115 98% — 98 3A 18 123 102 96% — ; 96% 3 96 97 Va — 98 5 96 102% ,,97% 103% *97 *9% 99 8% 10 5 7% 99% 21 99 Ve 118% 123% 568 9 t A Certificates 2%s conv 114% 109% Jan-July 1977 refunding 2%s 1974^ refunding 2%s 1981 f A Philippine 99 Va 105 Feb-Aug 1974 &-refunding 2%s 1971 refunding 2%s 1967 First k 105 102% 103% 101%. 403. B First k 85 99% series 4'As series C Philadelphia Electric Co— 104% 103 General 5s 109 2 Philadelphia Baltimore & Wash RR Co— *100%'102 105 103% 1 90 Feb-Aup mortgage A Income 113"% 103% 103% 103 .8 90 90 .April-Oct Peoria 102 110 *97 107% „ — General - •/■ 110 % 110% __ 105% 101 101 General 98% *85 103% 99% ■ 101'A 101% I960—April-Oct 1952—May-Nov 105 Va 104 % *102% 100% 96 99% .. Airlines— trust ctfs 102% 97 101% 101 — 103% 93 • 1 6 100'A 100% *102 104% 97 —1 •••' - 105% 99 Va 6 99% 96 % 96% 103% 101% *97% . 101% 95 Va —. *100'A 101 99% 105 Va 93% 95'A *96% 100 % Oil 3'As Illinois & General 23 *99% 104% 99% —Mar-Sept Guaranteed 4s 99 101%. 102 *99 % 102 % 106% 100 10 Pennsylvania Power & Light Co— 101% .10« *101 104 97 105 11 98 'A, 100 91 101% 102 101% 41 Pennsylvania Glass Sand 3'As 1960 99 92% 102 98 100% L 102% 101% 101% 1983- General 101% 101% 102 94 % 102% Pennsylvania Co— •' 93 % 94% 100% 95. 100'A 101 % 1978 Consolidated 93% 99% "104% 95% 104 101% debentures. First 9314 99% 100% *__ ..June-Dec debentures Pennsylvania k see 101 95 % 100 V4 *96 „Mar-Sept A3'As convertible Inc debs Sept 1 68'A 100 % 101% RR— 4 %s'series first jNew Orleans Texas 51 95% 1987 Pennsylvania-Central ■„ New Orleans 70% 99 99% refunding 3s series S debentures Paducah 101% 61 1970—June-Dec debs debentures New 62% 93 6 101 *._ —June-Dec refunding 2%s series P 1981— Pacific Western 101 % 101% 99% 100 *~ :4' 3s Power k '■-.■7 96% 95% 96'/a 1966— ..June-Dec 3'/eS 103 60 % II Feb-Aug debentures New Jersey New Jersey - 101 *94% 3%s 74% 64 99% 98'/« 3'/bS • 3s New 76 65 62% ■ ' 60% June-Dec 4'/2s 77 67 —June-Dec 1983 —June-Dec First & refunding 27/sS series T 1976— —June-Dec Pacific Tel & Tol 2%s debentures 1985— April-Oct 2 % s debentures 1986 - 109% England Tel k Tel Co- First 114% % 108'A 98 . 65 65% —June-Dec refunding 2%s series Q 1980... —June-Dec First & refunding 3%s series R 1982— 102% 1974—April-Oct National Steel Corp. first mtge-3s 1965 April-Oct National Supply 2%s debentures 1967—June-Deo Naugatuck RR first gold 4s 1954May-No? New 104% 102% — — 117 104 Va 21 103% 104 First & 417 64% .106% 108 106% 107 64 May-Nov-" ■ 1970 Products 132 117 *__ relunding 3s series M 1979 refunding 3s series N 1977 k First k 110 May-Nov ApriZ-Oct Ngshville Chattanooga & St Louis— First mortgage 3s series B 1986 National Dairy Products 2%s debs debentures 122 . -- / 135%. „ 3'As series I refunding refunding 3s First & Feb-Aug Feb-Aug 1958_ k series J 1970 First & refunding 3s series K 1971 N 3s 8 *104% 107% 103% 102% 110% 1 —May-Nov First k 97 1 Nat'l 97% — *117 —Feb-Aug 1975 1979 27/«s 1980L Pacific Gas k Electric Co— 97% May-Nov ; : 102 —June-Dec First k 98% 1966- ;3%s debentures 1978. * ■;/ 122% 122'A 122% 95 —June-Dec 90% & Essex first gtd 3'/2s 2000 June-Dec Construction mortgage 5s series A 1955—May-No® Construction mtge 4%5 series B 1955 May-No® Mountain States Tel & Tel 2%s 1986 t 97% 135% 135% -April-Oct —May-Nov 99 98 Morris , 105% 95 95 ..Mar-Sept 1974 mortgage 3s first mortgage mortgage First ApriZ-Oct 1967 AFirst and refund gold 5s ser H 1980 AFirst and refunding 5s series I 1981 Mohawk & Malone first gtd 4s 1991 3s 100% 1 80 101% Jan-July §AConvertible gold 5%s series A 1949 Co 107% " — *97 Oregon-Washington RR 3s series A i960. -April-Oct 69 70 101% 90 4s & 101% , 95 Mar-Sept First mortgage 3s 92 % 56 13 90% refunding 5s series A 1965 (John) 78 101% 95 2 Power Co— 1st >j>< AFirst and Morrell "4 . . *99 <* 38% 28 75 95 V« 95 , 70 59' 81 • 101% 101 % • 105% 105% 70 100 Jan-July 1975 Mar-Sept refunding 5s sries F 1977 Mar-Sept AFirst and refunding 5s series G 1978—May-No® , 1 102% 7 35% Quar-Jan 2%s 1975 1st mortgage 2%s 1980 Oklahoma Gas & Electric 2%s ^Missouri Pacific RR Co— AFirst and 70 — 101% 76% 106 89 May .wL^Jau-July / 1962—, ser 105;: 102 ' ; 70 1990-z—June-Dec 4'/2s series D 1978 ACum adjustment 5s 70 103% 103% mortgage Edison First ,101% *— 1991—-May 1 40-year 4s series B 1962 Prior *104 _■ 101% 92 105% 105% *— April-Oct April-Oct Missouri-Kansas-Texas RR— lien 101 94 Marie- Missouri Kansas k Texas first 4s Prior 94 *101% 102% —Jan-July 1940 1967 mortgage 4'/as inc series A Jan 1971 A General 105% —Mar-Sept 2%s Mtg *96% 101 '/2 - Mar-Sept First 15AMidland -85% *92 Feb-Aug April-Oct First Jan-July First mortgage 2%s 1979 Feb-Aup (Wisconsin) first mortgage 2%s 1977—April-Oct First mortgage 3s 1979— Mar-Sept Northwestern Bell Telephone— * '2%s debentures' 1984 June-Dec Ohio ■ & Sag 3%s 1951 Mar-rSepf First gold 3%s 1952——— May-No? Refunding & impt 4%s series C 1979Jan-July Michigan Cons Gas first mtge 3%s 1969—Mar-Sept Minnesota 4Va 4 103% 101% T01% 107 April-Ocl ~ mortgage 2%s 19 in93A 100 LLL- • First 4% 100% 54% V. 98% *100 __ 13 7% *8% 125 9 ' 68% 103 Feb-Aug Michigan Central— Jack 79 97% 99 99 Jan-July 1972 102% 82 *96% 4s series B 1954—June-Dec 4s sinking fund Feb 1 1957—May-No® (Southern Lines) 4s 1959 May-No? May Dept Stores 2%s debentures / 51,iff 100 Manati Sugar Manila RR : May-No? 1972 101 Va 96% *68% first mortgage 2%s 1974 2%s 1975 mortgage 3s 1978 First ;' 53% 14 81% 68 % 4% - (Minnesota) ■ 89 540 ' ' 1975 84% 66 160 55% 8% 77% 95% 4% 1997 4'As trust States 70% ' 100 2 3 87 101% 101'A Quar-Jan ■& -General lien 3s Jan 1 2047— Quar-Feb V 3s registered 2047 4 Quar-Feb Relunding & improve 4%s ser A 2047—Jan-July Refunding k improve 5s series C 2047—Jan-July Refunding k improve 5s series D 2047—Jan-July Northern 99% ,'L • 78% ,53% ~8% 103 100% 87 53% 1996—April-Oct 1974—Mar-Sepi A 1974—Mar-Sept • 101% ' 69 97% 100 iA 99% __ 77% — 100% 88 *100 ' 104 95 5 23 *100 A 2022—May 1997 4s registered 4s 2 88 *103 — 98% 10 95 88 99% 69% 61% — 100 95 convertible inc 2014_April-Oct Pacific Ry— 7 100% 100% Co refunding 4'As ser & €2 — r 5s 62'A 2 61% 62% Norfolk & Western Ry first gold 4s 103 Louisville k Nashville RR— First k refund mtge 2%s ser G 2003 First & refund mtge 3%s ser H 2003 St Louis Dlv second gold 3s 1980 76 Northern Central general k ret 5s Northern 100% 87'A 75 Y Susquehanna General 7 .75 75% k Western RR— * f AFirst refunding 5s 1937 Jan-July 4 A Second gold 4%s 1937Feb-Aug f AGeneral gold 5s 1940 Feb-Aug 4 A Terminal first gold 5s 1943 May-Nov N Y Telephone 2%s series D 1982— Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981—_Jan-July Niagara Mohawk Power Corp— ; /, General mortgage 2%s 1980 Jan-July General mortgage 2%s 1980 April-Oct — 100% 100% _Aprll-Oet —Mar-Sept 1976— 100% *103% 1955 4s Norfolk Southern lay 10 87 Y IN 71%, 62% 62% 62'/, Y N •88 82% Y N 8893% 88 120 —June-Dec Power k Light: first mtge 2%s 1975_Mar-Sept k Putnam first consol gtd 4s 1993—Aprll-Ocf State Electric k Gas 2%s 1977 Jan-July Steam Corp first 3%s 1963 r Jan-July Y N 95 88 19C3 series 7s 3s • June-Dec debentures general 4s series (P) 87% - 193 76 1954. May-No? fAN Y Ontario k West ref 4s June 1992—Mar-Sept 101% 100 89 67% 75 May-Nov mtge conv inc 4%s series Harlem River k Port Chester— "A AGeneral 79% 66% 75 First mortgage 4s 97 75 66% 166 67 1998 AGeneral N May May May (1962) .93% 100% *87'A April-Oc# April-Oct Feb-Aug May-No® Liggett & Myers Tobacco 5s 1951 Miami 99% 96% 12 93% 2 102% 63 % 04 refunding mtge 4S ser A 2007—Jan-July First k . 98 *100 Feb-Aug 1984 contingent interest 2003 8eries E 4Vis contingent interest 2003 3s 96% 93% v Lehigh Valley Rahway— * • / First mortgage4'4 Vis extended to 1974—Jan-Jnlf Lehigh Valley RR—• General consolidated mortgage bonds— Series A 4s fixed interest 2003 ,May-Nov Series B 4 Vis fixed interest 2003 May-Not -1 Series C 5s fixed interest 2003 May-Nor Little 102 % 94 98 Feb-Aug Feb-Aug 5s First mortgage 5s extended to r 88 86% •* stamped 1964 First & ref 5s stamped 1974 Lehigh Valley Harbor Term Ry— • 91'A Nitrate Co Ltd— First mortgage income reg 1975 June-Dec Lehigh Coal & Navigation Co— Sinking fund mortgage 3 Vis-ser A 1970_April-Oct Lehigh Valley Coal Co— »First k ref 5s stamped 1954 Feb-Aug A 97 104% 63% Jan-July 1997 gold 3%s collateral 1973. N Y New Haven k Hartford RR— *89 June-Dec 1997 ' 97 — H 103 % 63% Feb-Aug series B 4%s *—. gold 3'As 1997—June-Dec Mich South registered *95'/# % % 20 % % % 166% 100 % 3 101% 100% 100% Jan-July Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998_Feb-Aug 3'As registered 1998_ Feb-Aug New York Chicago k St Louis— Refunding mortgage 3'As series E 1980— June-Dec First mortgage 3s series F 1986 April-Oct N Y Connecting RR 2%s series B 1975 April-Oct N Y Dock first gold 4s 1951 Feb-Aug NY k Karlem gold 3%s 2000 May-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043 Jan-July N Y Lack k West 4s series A 1973— May-Nov Shore 101 * 99 RR— Hudson River & mortgage 3%s 3%s registered 1977 , Lake — *100'A Central Y 100 ' Co— General 98 __ *43% Jan-July April-Oct April-Oct Mar-Sept 103% 112% »— Jan-July 4%s unguaranteed 1961 Kings County Elec Lt & Power 6s 1997 Koppers Co 1st, mortgage 3s 1964 35 N 103% deposit RR Refunding & impt 4%s series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct 98% — of Central High 100% ' -- 102 103 % -April-Oct 1954 series A Low 7 ' «•*» *100% Jan. 1 No. —- Consolidated 4s series A 1998 102 98% 99 % 102'/a 103 103 91 98 103 3/4 104'A Jan-July 1961 — •II 4%s 1961—Jan-July Kentucky & Indiana Terminal Stamped 1961 „J 93 "97'A April-Oct June-Deo June-Dec ^unf."5e? Kansas City Southern Ry 4s ser A 1975—April-Oct First mortgage 3%s series B 1968 June-Dec Kansas City Terminal Ry 2%s 1974 April-Oct Kentucky Central 1st mtge 4s 1987 Jan-July 4s 1990 1st mtge Light 2%s First mortgage 2%s 1978 1st mortgage 2%s 1980 Kansas 85% York *101% Feb-Aup deposit of ACertificates New Feb-Aup 1956 D Range Sine* Sold High 102'A 102% deposit of series Bonds Friday's or Bid St Asked Ry—(Cont)— 1956 C Series ACertiflcates 102 AFirst 5%s Kanawha & Mich Exchange Sale Price Low New Jamestown Franklin & Clear Period High Low No. High Low New York Stock Last Interest BONDS Range Slnst Sold Bid St Asked Week's Range Friday Bonds Friday's or Sale Price Period Stock Exchange New York Last Interest bonds WEEK ENDED MAY FOR RANGE Week's Range Friday 9 10 9 — 99% Feb-Auf 118% May-No? Pittsbgh Bessemer k Lske Erie 2yas 1996.June-Dee - — *97 % __ 102% 109%- 124'/« 97% 101V# [Volume 173 Number 5013 . . The Commercial and Financial Chronicle . (2113) V» NEW YORK BOND RECORD RANGE Friday BONDS Interest New York Stock Exchange Period FOR or Sale Price Friday's guaranteed 4s Concolidated ser F 1953—June-Dec ser 4s G 1957—May-Nov guaranteed 4s H ser Consolidated guaranteed Consolidated guaranteed 4Vis 4Vis BONDS Interest Jan. I New York Stock Exchange Period High Low No. '101% 108 — — ;. a— mortgage 5s series A 1370 107% Terminal RR Assn 113 Refund and impt M 4s series C 2019 Refund and impt 27/aS series D 1985 Texas Corp 3s debentures 1965 ' 1 ••* ; t 113 111% : — Texas June-Dec 106 General mortgage 5s series B 1975 April-Oct General mortgage 3%s series E 1975—April-Oct Coke & Cliem 1st mtge 3Vis 1964—May-Noy 105 % 106% • 106 84% 84 Pittsb ■ 6 - '100 84% 102 105% 114% 7 106 115 3 106 • , ' 102% 101% 103 10094 '104 V* 104% '100% 101% . ■ ' ■>' ' — A 1958—_—June-Dec '92 First mortgage 4Vis series B 1959—April-Oct First mortgage 4Vis series C 1960_ April-Oct Pittsburgh Youngstown & Ashtabula Ry— ' '' First general 5s First general 5s First general 4Vis series D Pittston Co 5 Vis Plantation First B Line Power mortgage 1962— 102% Bervico Electric & 101% 100% 101 98 98% "I v 98% 99 99 100% 100% 100% __ '140 140 104% 1979_June-Dtc 104% 99% 97 104 102 105 16 121 128'/« series 1970_April-Oct 1990_ApriI-Oct C 20§b— 5s 37As ser E 98% 98'A 98% 10 98'A 98'/a June-Dec 3 1985—Jan-July 103 ,98'A 103% 134 134 138 Ya 102'A 100 29 100% 3 102 Orleans 3%s 1974 June-Dec 99% 100 106 Jan-July 102 3A 66% 58 58k 58- 58% 45 28 Vi 28 »A 30 33 27 3A 98'/a 98% 3 98% 100 97% 100 34% Corp 27/es debs 1961 Mar-Sept ?97% 99 & Oil coll of tr 27/8S California 1980 '105'/a 4 104%" 109'/a — 98% 98'A 101% June-Dec 23/«s debs 101% 99% „ *100 103 % 104 104 1970—June-Deo "5 98 89 99 99 104% 89 99 102% 95 97% 89 98 2 98 97% RR— debentures 1976 87% 96% 98 % 101'/a 96'/3 96% 97 98%. 97% 98 50 94% 97%. lOf H 104% 2 '. V ■ 1 101% •W_ 103% 100'% '99 ' U 152% 219 ^ '210 *— 5 29 121 97 Feb-Aug Refunding mortgage 2%s series C 1991—Mar-Sept United Biscuit Co of America 23As 1966—April-Oct United Gas Corp 23As 1970 Jan-July 106 '/* 208 "... New of Pacific 27/aS 103 % 102 % 20 '103'/a 104 ■ series B 3%s Ry first refunding 4s 1960 mtge Union A r *• ' 97'/2 102'/a 102 % Union Electric Co of Missouri 3%s 1971—May-Nov First mortgage and coll trust 23As 1975.April-Oct 3s debentures 1968 May-Nov Co— debentures 1963—j i May-Nou and refunding mortgage 3'As 1968_Jan-July First and refunding mortgage 5s 2037—Jan-July First and refunding mortgage 8s 2037—June-Dec First auid refunding mortgage 3s 1972—May-Nov RR Ave "Union — 121 102 Vi U 101 '99 — ;' 121 May-Nov 110% May-Nov Mar-Sept mortgage 2%s High Pacific-Missouri Pacific— 1st '95 ' 3V4s gold refund M Tri-Continental v '102 Jan-July Gas Low 99% 110% rr' 9994 First First and refunding 111 1970 3s i M ITliird ; — '100% 100% . Public 99 94% * 1964—Jau-July First mortgage 27is 1984 Providence Terminal 4s 1956—— M refund and Jan-July April-Oct ^Adjustment income 5s Jan 1960 April-Oct Tol & Ohio Cent ref and impt 33As I960—June-Dec 94% l 96 — ..June-Dec 1983 refund Pacific first General 99 1009s 96% Mar-Sept mtge 3'As 1977.—Feb-Aug 1st Jan.! No. RR— and Term 95% 'l* .—June-Dec 1977 debentures 2%s 3s Feb-Aug 1974— C income Pipe Potomac Elec series series '92 — Orleans and ' 97'/2 *96% 96'A New Texas & ; series Range Sine* Sold Louis- St First 96% 100 ... . & Texas 3Vis debentures 1965—— ——Jan-JuZy Pittsburgh Steel 1st mortgage 4'As 1958—.April-Oct Pittsburgh-& West Virginia Ry— ; ' ' mortgage 4%s of First 84 Pittsburgh Consolidation Coal— First Bonds High. ■ 108% '113 '. Pittsburgh Cine Chicago & St Louis RR— General Friday's Low 103 101 — or Bid & Asked. ' '105 1963_Feb-A«gf 1964_May-Nov J . Week's Range Last Sale Price High 103 '99% 105 1960__Feb-Aug I ser ser 18 Range Sino* Sold Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed ENDED MAY Friday Bonds Bid & Asked Low Consolidated WEEK Week's Range Last S Rubber 2%s debentures 1976 97 —May-Nov -—April-Oct Universal Pictures 3%s debentures 1959—_Mar-Sept 2%s „ debentures 97 1967 1 98 95 - 95 « > ' •; ■ ' * ■ • Q Quaker Oats 2%s debentures 1964. Vanadium 3%s Jan-July *97 101% 99 99' Corp of America— debs conv Vandalia April-Oct RR consol gtd 4s series A 1955 sinking fund series B 1957 Virginia Electric & Power Co— ■' ",J ' " D series debs *86% 87 85% 99% 104'/a 100% "l 100'/2-100 Vi 96% Corp— 4Vis series D mortgage General: mortgage 3'As series J -V - . 105% Ji ; 96'A .' 5 96'/a 96 Va June-Dec Mar-Sept *11 Jan -July '104 *, w April-Oct 95 , 95 1958 Virginian Ry 3s series B First lien and ref 1995 mtge 3 'As A. ,99% — 96'A 101% 96'A 104% 104 6 96%; 96% May-Nov C 1973_April-Oct ser A 1013A 99% 1975__Mar-Sept mtge 2%s ser G 1979 23As ser H 1980. First consolidated 5s 102'% *100 113% 102% 102% — — refund mtge 3s series F 1978—Mar-Sept Virginia & Southwest first gtd 5s 2003 Mar-Sept . 1st Si ref mtge 1977—Mar-Sept 1969 '102% First and refund Rochester Gas & Electric ; > .General* refund mtge 23As ser E First and ' "'•VV-.M \ - 1995—May-Nov 1973—~Apiil-Oet '■ May-Nov First and R ' ; ' t 109% 110 109'A Feb-Aug Consol Reading Co'first k ref 3'/a s Reynolds <R J) Tobacco 3s ,• - • 1965 93 100 A. lo * 95 100% 104 % 102% 3 102% 102% S -Saguenay St Power 3s Lawrence k Second St Louis series- A Ad<rond k gold Cs 1971, 1st gold 5s 5s First 4s Second St Paul V & Seaboard. Jan-July 1st mtge Seagram 3s Union 1989 Depot 3Vis England RR B 1st series B Sons April-Oct gtd 4s 1989—May-Won 2016. 1980 1966 2Vis debentures debentures North 1963 U. 1967 Indiana Ry April-Oct -£4% 'ir-ffr'' 45% \ First 4Vis (Oregon 4%s 1969— Gold 3s 4 Vis Fran A 93% — 1st 94% '.98% 83% 120% 97'A 97% ser A 1975-Jun-Dec 109 mortgage 27/aS series E 1986. First mortgage 2%s series F 1996 general 4s series A 1956 Devel and general 6s series A Devel and general 6Vis debentures 100 1956 ..Apnl-Oct 108% April-Oct 1983—— May-Nov debentures Sunray Swift & 27/«s Oil Corp 1974 27/es — debentures Co 2%s debentures debentures 1973 1966 92% 98% Jan-July 1972 93'% '51 % 57 109 % . Wisconsin 89 97% Telegraph Co—* ' ■ 6 1971 t: 105'% 107 111 17 a included not 3 102% 106% 62'/a 72'A 91% 96% 98% 93 23 37 98% 100 '95'% 98'A • Power 2%s " • 102 '/a 107 71% 63 Va 44 62 69% 13 102 103 % 1 100'/a 106% A/ 83 102% 8 96% / 103% 103 99 _,J 104%,; • j 99 Mar-Sept 100 ' 101%*/ _ — 100 Mar-Sept 3 100 100 f June-Dec " 1976 104%v4 100 lOU'A 95 __ A Mar-Sept 110 113% 84 92% 87 63% 71 23 87 70% 130 A A 95 v' _ _ 102% 87 .68% 100% —;.A: 108 . 86'A 103% 17 100% 101% * 5 ; 99% 94'A v '100% 101 Vi Jan-July 97-% 105% 100 98 sale year's range, the in included not n i>"' ■ 1976.Jan-Julg.j^,~TtP.SS a'jqI.v ' in 102 A Bonds liThese selling issues flf gear's range, d Ex-interest, e Odd-lot sale not sale'rndt?» included in the year's range, r Cash sale the Under-the-rule y Ex-coupon. year's range, .. /Negotiability impaired by maturity. Ifcompanies reported as being in bankruptcy, receivership, or reorganized Bankruptcy Act, or securities assumed by such companies.. '■Friday's bid and asked prices; no sales being transacted during current 100% 100 '99'% 100'A deliveiv the 99 ' — the i in included 96% 3 96% * 105% 104% 82 3Vis Electric Deferred 110% 101 % 92 % 105 99% 102 % 101 101 ■f,iU 95% 108 63 9 62% 62% 102 Mar-Sept Yonkers Electric Light & Power 2%s 8 \ 104% 92 95 V< i* • 101 103% 102 »/4 63 % - 64 d4Va ■H -2L 108 '/a 103 "4 104% 105 62 '/a A 60% 57 101 — 102 Va 102 Va l»i; 100% 103% 10894 \ 104% 104% '99% . J an-July.% A,A: • vit ••• '■ > A' Mar-Sept*"'1103 First mortgage 27/«s 1979 ; Wisconsin Public Service 3'As 1971 125% 110 -V" A:A " 90 96% ' 92 ,'Vv/AV': 3V«s ser A 1981 96% 6 110 100 100 Jan-July May-Nov ; 81'% 3 *62 Jan-July — 7 95% - 1 103'A 97 82% 93'% *„ '■-y Union Co— RR mortgage 102% 102% Jan-July ASpokane Internatl first gold 4Vis 2013—_ April Standard Oil ,(N J) debentures 2%s 1971—May-Nov 23/4S 103 106'A 1069 a * April-Oct Memphis Div first gold 5s 1996 2 Southwestern Bell Tel 2%s debs 1985 3Vi»s 137% 101 82% 1956—Aprii-Oct A 102% 118 99% 100% Jan-July and series 96 78 — 93% 82% '..Jan-July Devel 103'A 84% Jnn-Juiy mortgage 2'As series G 1961 Southern Ry first consol gold 5s 1994 105% 97 % Jan-July First v 75 • Ave 100'% Southern Pacific RR Co— First 98 120'% 127 '100 — 92 series D 1967 Jan-July Wilson & Co first mortgage, 3s 1958—,—AprZZ-Oct 'Winston-Salem S B first 4s 1960 Jan-July ^Wisconsin Central Ry— 5 AFirst general 4s 1949— ; Jan-July 87 '//;■ ACertificates of deposit Jan-July " 8ASu & Du div and term first 4s 1936—May-Nov 68% "ACertificates of deposit—A VA* '—V 90 100% 124 Pacific debentures First 103% 83% 6 100% 101 Va 1009a 101 99 ' w—» 92 1966 Wheeling k Lake Erie RR 2%s A 1992 Wheeling Steel 3%s series ,C 1970 106% 94% 1 — 83% :: 95 88 ' 99% 3 95 10094 101% 101 May-Nov a.Apr-Oct 1960 mtge 3%s 2%s 98 123'A 123'A 6 80 6 May-iVoy series I 3'/2s 90% 85 "5 1976—May-Nov 1974 30-year 5s 1960 -i Westinghouse Electric Corp— U ' 1017/« 93% 16 94 Power ref mtge & Western 98% '47% , 98 101% 1013a May-Nov debentures Term 42% — 1977..—.Mar-Sept 1981— convertible San Lines) 94% \ / 1st '. . 96 Va < Western 100 Co— —Jan-July ————Feb-Aug Jan-July _Jan-July 1994 95 45% 3'As . A" 96% Feb-Nov '97% 9G'A 93 '97'% 101'A Jan-July debentures conv 1971 A,_ 101 127 100 i ■ 82 Jaw-July West Shore first 4s guaranteed 2361 Jan-July 4s registered 2361 Jan-July Western Maryland first mortgage 4s 1952_April-Oct Gen mtge 4'/2S-4s series A 1969 Apr-Ocf * ,. Co West Penn 104 99'% ~5 :"}t ' 94 102'% mortgage 3V4S series B West Penn Electric 3%s 89 . 94% 94 *98 Southern Pacific Co— Gold 165 893/4 '94 — 27)48 106 126 --' —April-Oct Telegraph 1985 2%sA debentures Southern 89 , ...—June-Dec 5s Bell debentures 122 —• 104 :.*'■ . A; 80 RR first ref gtd gold 3'/2S 2000—Feo-Aug Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting gen mtge. 3%s 1967 Jan-July General mortgage 3s guaranteed 1979—May-Nov . 89 1941—Feb-i4ug 1976 Ala RR gtd Telephone & debentures 1979— ,2%s May 112% l".■ '85 April series A Jan income 4s Warren 96%' 100 126 June-Dec 1971 • April 1981 mtge income 4'As series B Jan 1991 Walworth 104 80'% ■;/ 4 ' Socony-Vacuum Oil 2Vis 3s v.; June-Dec , ■ Co— . 102% 96 104 ' V— • May-Nov 2 Vis 1965——. k t.\ RR mtge Gen - trust 7s South * ~ '100 1971 1974... Oil 2%s Gen First ibV *104 Co— E) & 1968_Juue-Dec J§ASilesian-Amer Corp coll Southern 83 Wabash 79 101% A 59 78 78 103 gold 4s cons Skelly Oil 98% 113 debentures Shell 80% 113 Line 3s 80 '/a — . *101 first mtge 4Vis series A Jan (Jos 96% .May — May-Nov New Air AGeneral W 104% 97 76 - ■•■■■: i Ry— certificates Duluth Union '103 % ■ . 96 2022 4 80% 78 bond certificates Nov 1989_Jan-July 4s inc & St Paul Scioto bond 78 1955—Jan-July ASecond mtge inc 4Vis series A Jan • St Louis-Southwestern '73% _April-Ocf Rocky Mt & P 98 ■ ''V 1996_Jan-July 1996 stamped Louis-San Francisco Ry Co— 1st mortgage 4s series A 1997.— St 97 Mar-Sept ■: • under Section 77 of ■-.■/,v'';:''"" week. flat. were previously listed on Curb the Exchange. 1951 year's The range showa , 103 NEW YORK CURB EXCHANGE AND WEEKLY RECORD YEARLY In the following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning ending the current Friday, May 18. It is compiled from the reports of the Curb Exchange itself, and is intended to include every stock or bond, in which any dealings have occurred during the current year. and RANGE Friday STOCKS New York Curb Vending Corp ACF-Brill Acme Acme 1 Motors warrants Aluminum Wire Co — MAY Low A' Last Range Sale Price of Prices ■ High ■ 2,300 7% May 9'A 2% 1% A 2'A 3,000 l'/a Mar 2% Jan 1,500 5 77/« Jan Alabama Great Southern ,_,10 29 V4 450 32% May Alabama Power 4.20% 27% > 27% ■ 27'A Jan Apr A - Airlines Alaska 5Va A 4% t 5'A" 1,700 1 3% 3'/.. 3%- 3,800 Air Associates Inc For footnotes 10 pag» 33. 1 - 16'A -" 10 100 11% 11% A common. —5 (N J) see ——• - 12 900 16'A 16% 1,400 ".4% Jan 2% Mar . - -•> * Feb Alles & Jan 5% ••*4 Allied Inc—; i Apr ' Allied 10% Jan 15% Feb ' Altes Brewing Co '13% Jan 19 Jarv •+ - ^ Altofer Bros common ; 1 — 24% ;5 —1 — • 97% 97% 9 V* 8% . 10 % Mat Jan 6% 5'/a May 400 30 97 50 97 May ' 4,000 4% Feb Jan Jan *"3% ~3'/4* 200 1,300 300 3% Feb 21V* 10% Mar Jan Jan 8 %, 24Vs. 3%. 25V* , 3% « 7% 4% .26 5 3% Mar 7'/a Jan Jan 107 102'A Feb 7 .8% —1 ——_1 Investing cap stk Products (Mich) common 5% %- High Low 1,900 10 99% 100 preferred..,,,100 Fisher common— 11% 5 Range Since Jan. 1 High V 9%' —I.« 50 Internat Feb 9% 9% 3 Alrfleets Inc 7% 7 Alr-Wav Low Par Appliance 7% 1 Manufacturing Electric X'"'1 7% Aero Ainsworth - 7% Jan Sales for Week Shares Week's Friday Low . . New Yerk Curb Exchange Range Since Jan. 1 High Adam Hat Stores Inc Supply Manufacturing Agnew Surpass Shoe Stores J8 STOCKS Shares —1 common ENDED for Week .___ Alloys WEEK Sales Range of Prices Par ABC Week's Last Sale Price Exchange FOR Saturday, May 12, security, whether . 9 ■ / • Feb Jan Ma? Jan Apr Commercial and Financial Chronicle The 3D . . . Monday, May 21, 1951 (2114) c NEW YORK CURB FOR RANGE EXCHANGE 18 WEEK ENDED MAY Week'. Sale, Last Range for Week Sale Price of Price. Shares Friday Week's Sales Range for Week of Prices Shares Friday Last STOCKS Sale Price Curb Exchange New York $3.75 Aluminum Industries Amer Air Filter 5% common American Beverage common American Book American Cities Co American Hard American Laundry American Manufacturing Co com American Maracaibo American Meter Co American Natural Gas Co 0% Apr 104% Jan 27'A 400 25% Mar 27% Feb Castle 11 Feb Catalin 16% Mar 1% Feb Central • 1% 1% Jan May :'v; Jan Conv Central % Jan 36% Apr 78% Feb Jan 34% 34% 35% 0° % 80i 26% 27 26% 27 550 22% Jan 27 % Mar {Central States Elec 19% Jan 22% May 6% Jan 20% Jan 26% May 31 Jan 34% Mar preferred Conv preferred opt dlv series Conv pfd opt div series 1929 Century Electric Co common Century Investors Inc Convertible preference Cessna Aircraft Co Chamberlin Co of America "5% ~6% 25% •25% 26% 1,300 32% 32% 150 19,000 7 Jan 300 Jan 40 Jan 35% 37% Jan 40 Jan 51% 53% 1,500 7,600 32% 10 Republics 44% Jan 57% Apr 21 19% 22% 3,400 10% Jan 24% May 10 11,900 % Jan 4% 200 4% Jan 2 10c Seal-Kap common Amer Superpower Corp common $6 series preferred . American Thread 5% preferred American 36% 36% % 4% ; . I 1,100 9% 600 6% Jan 9% Apr 6 100 5% Jan 7 Feb Apex-Elec Manufacturing Co Argus Cameras Inc__ 1,600 6% Jan 15% 15% 17% 20,600 10% Jan 18% May • 10 * 10% 10% 800 10% Jan 10% 113% 113% 20 111% Jan • 19% 18% 20% 2,900 50 45% 45% 45% 125 2.50 1 10% 10% li1/. 19 19 19% Light $7 pfd. Aro Equipment Corp Aspinook (The) Corp Jan 48 r,eoo 10% Apr 12% 4,200 13% Jan 23% Mar Electric Industries— American £1 dep rets, reg Associated Laundries of America Atlantic Coast Fisheries V/a 1 90 Atlantic Coast Line Co "5% Atlas Corp warrants: Atlas Plywood Corp. Automatic Steel Products Inc Automatic Voting 5% 1 Jan 4 25% Fell Continental Continental Apr 5% 7% Jan Cook Paint Apr Feb Corby (H) Distillery Class A voting. . Feb 7'A 7% 8% 900 7% Jan 8% 17% 17% 17% 3,200 16% Apr 21% B Babcock & Wilcox Co los de 12% 12% 4% 4% 800 5% Mar ^ Barcelona Tr Lt & Pwr Ltd Barium Steel Corp Basic Refractories Baumann (L) & Co Beau-Brummel Beck Ties Aircraft 36% .25 common Bohack Scrymser common Co I ; . Light Gas A___ Co British American Amer British Celanese Amer dep British n% x3 %- Power 81% 4% preference 21% cumulative Bruck 7Va May v . 400 4V» 2,000 20% Jan 5,500 8V» Apr 9%- Apr Jan 27% May "•J 30% 31 12% 12% 12 12 30% 23 1 ■ 30 '• ' :V Jan 7% Feb 25V* Feb 24 Feb Mar 11% Feb 13 150 10% Feb Co 850 105% 2%* Jan 26% Apr 3% fi--'; 12% Jan ' 10 common 1 2.50 46 47% 650 46 19% 20 "A 700 18%- Apr May 6% Mar 6% Jan Jan 6% 6% 2,000 X16% 19 % 10.800 10% Jan 19% May 23% 24% 800 20% Jan 29 Mar 8 Jan 13 Feb 15% Mar 14% 14% 14% 3,300 13 22% 22 23 Va 4,200 20 Feb 11% 11% 400 % 6,500 3% 3% 4,100 1 12%o May 6% * _ 48 22% 18% Jan common., Estate 3% -.500 6% % 4 10% -IIIl Power Insurance: 10% 7Vb 21 • 8% Jan % Jan 3'/a May 4Va 400 Ltd Mar 4 200 3% Jan 11% 9,500 6% Jan' 7% 5,800 21% 50 4 23% Jan 12% Mar 60 100 7 Va May 20Var Jan' 5% Jan 4% Mar 12% Feb j Transit Co Carnation Co Co Biscuit Co 200 10 "% "/a 2,800 100% ~~~* 1 350 22 33 % 300 33 100 1,700 98 101 111% 111% "2% 2% 3% 275 25 25,400 62,400 33. : May 16% Feb 16 Feb i*« % Mar Jan ' »• 8% 1,400 8% Apr 12% Jan 6% 6% 1,8UU 6 Apr 6% Feb 16% 16% 16% 400 16% 16%;'17% 7,100 15% Jan 16% May 14 Va > Jan 18% Mai Feb 4% May 4 lJ - 80 74% 75 52% 13,800 85 Jan • May Jan Feb 8% 400 8% May 12% Feb 5 12% 12% 13% 5,700 11% 11% 12 «1 - 2% 2% 3 5 * Jan 13% Mai 2% Jan Jan 9 400 1,500 .* 10 15 % Mar 2% a Jan 10% ' - 4V4 3% Feb 34* 12 12% 72 Apr Jan 14 13% J 250 14% 12 Va Apr Feb 7% Mar ' 6J/e May 2.50 B ' 34% May 10 Va 200 Jan 28% • 5,200 32% 33 < Feb 60 36% 6% Feo 18 Jan 2,900 „ 3%- 50o 5 100 6% 7 - 12% , 136% Jan 12% Jan :.2%^.. ' ' J .1,300 24 12% ,12% _.l ,-lOOi^ 12- > Dominion Duke Bridge • DuMont 3% Apr Jan Mar " Jan 30% Feb 14% .-. Jan Jan •' 33% 30'%- 31% 13 13 13 • 29% 29 40 B Ltd 10 —— • Co 10c : Co Ltd— ord reg £1 1 * (The) Co. Durham Hosiery class B common Test Corp Apr " 400 86 16 167/a Jan Feb Jan 15V2 Apr 34 Va Feb Jan 41 Va May Apr 94 14% 450 • 33% 79 300 84 84% 41V2 , 35% May Jan 32% 700 40 . 30 Va - Jan 30% May . 100 , Jan 25 Va 3,900 - 5% .* 60 Va Jan 5% Apr 3% Jan 12% 28 ' Jan V t Laboratories— (Allen B) Duval Sulphur 25 Jan 4% 2,900 32 y4 Co 5% May ■^ -"15%-Jan 900 • 5 Ltd. Co American dep rets Duro 23 4%f. 30% Rubber Dunlop Jan ; 16. 67/a x7 • 6% ^ —1. common ds Potash Co 19% 19% 26Va 400" x75 Vi 5 26 Va 9,000 19% 1,700' 25 " - 19 200 b% 7 2,700 20% ' Jan Jan 8 Jan 6% May 6% Jan 28 Mai 21 % May Jan 16 A'ssn 10 common 29 % Apr 25 States Eastern $7 12% 13% 5,200 11% Jan 76% 78% 325 67% Jan 81 Feb 34% 34% 30 32% Jan 37 Apr 4 Corp. 4 1,700 105 Jan 04 g""> 28% Jan 36% 84 84 82 Jan 85 2,300 11% Jan 16 Va Feb 23,ooO 13% 1 11% common Electrographic Corp common 161% Mar 4 Va Jan 24 Va Mar 37 Jan 7% May 9 Mar 4 May 4% 33 ; Mar 103% & Equity -$2 1 ~7% 7% 5 21% 21% 10c ...1 1% 32% Equipment Corp common convertible preferred Esquire Inc Eureka 14% Feb May 19 Va Jan 22% Jaa 11 Jan 13 Jan 40 104 Mar 8 800 6% Jan 21% 500 14% Jan 1% 1% 21,000 1% Jan 33% 4% 1 ...V r. 600 12 32% 5 1 25 104 104 100 % 5 ■; 600 1,200 30% Mar 4% May 106% Feb 9 % Mar 24 2 Va Apr Jan 34 Apr 6 Mar Apr 81 pfd Millwork Corp Derrick 97% May ; '• 1 Int Apr May Jan 83% 20% Share 107 94 175 13% & Feb 125 97' 11% Bond 3Va 4 % 93% 93% preferred series B. Eastern Sugar Associates— 4 105 - 105 preferred series A. $6 14 y8 Mar ? 13 34% 100 prior preferred Apr 109% Apr 2% May Va May .*113% % 4,800 Jan lft Jan Feb 18% Jan Feb 5% 12 % 15% Corp Ltd KUreka Pipe Line Jan % May Palrchlld Camera & Instrument 31%' 32-% ... 11% Mar 11% Mar 1% Mar 1% Mar . Palrchlld Engine Fan steel <te Airplane- Metallurgical :• 7Va 23% - :. 52 34%." -.3,200 22%- Jan 1% 21,400 12 May 7Va ..,7%* 15,800 .7% May 25%- 22,300 16% Mar 22% v May 3 Va 54% Mar Class A common Duraloy 22%- 4% 327/a Harris ■ x Jan 22% 25 .* Textile Co Ltd common—— * Power 143 Ltd— Draper Corp common Driver - . < ./17% May 2% Mar ■ Jan 15% Mar Jan •» l^b 8^4 6% May 800 Jan, 4i« 29%, Feb > Apr .'• >'2V2.. 14% 7% 3/« Apr i. 14%. i4%W'i- 1,200 .1 1 .10 39'','' Apr 6% May 2,200 6% 27% Reynolds clait Co 3% • Jan 33 37—250 • 6'A 3% Brothers- Inc. 20% Apr 9,200 4% 42 8% 5 Jan 3% 7% • '2trV2 May partlc——* -25c common ' ?' Jan 6% Electric 27% 24% 4% 1% Jan Feb £j 12% 70 2s 6d Amer dep rets B ord. page Apr 5 Va May , Jan 1 * 25% 3% 7% 4% ; Jan ■w,21 Vb 1,5-aJO v ■ IV2 . 31 % - Rights see '/tt Jan 100 beneficial lnt Easy Washing Machine class B - Amer dep rets A ord For footnotes 24 3V4 700 , . Jan 40 Common share? of b«wiria' Apr 33 i Rights Ltd— Feb 9,900 • Feb Mar 161% Mar • common Carolina Power & Light $5 pfd. Carreras Jan 144% 118 40 Feb Mar 23% 3% 5 2.50 Carr-Consolidated 5Va . 1% 2A 72 Jan 2% 1,530 4% « Jan 12 % 8% (Md) Empire District Electric 0% 100 Carey Baxter & Kennedy Inc.. & ;24„ 33 Va , 1,400 • 130% - 22% 56 24% 100 Capital Carman 128 21% Jan ■>v-Tl% Jan -1,100 . JlVa . 1 Dominion Tar dc Chemical Co Emsco common Feb- .11% Mar 0 debenture. & Manufacturing Empire preferred City Products ... 11% x8% Ltdlllll* Canadian Marconi Jan • Jan 26 60 common Canadian Dredge & Dock Co 7% 27% 9% 14 !J Mar 4% Canadian Industries Ltd— t apital fiii ^ Feb Jan 12 5% $5 pfd shares of -120 preference Canners .25 • common. Co Ltd 71/8 5 I__I Canada Bread Co Ltd Canadian 4 1 Calgary & Edmonton Corp Ltd... Canada Cement im/4 Jan 8% 7% . 600 V 4% 73% Apr 61 ! 1 %' Lighting Inc common Manufacturing Co (Mo)— 4%% Electric 13 Va Jan Mar 3% 300 Jan defining common Eastern Gas & Fuel Fire 100 < 5,100 Jan Eastern Malleable Iron California Jan 3% 3% Dominion Steel & Coal clam 113% May Corp Amer dep rets Camden Feb 1 common Dominion 5%- Jan 103% May % „ Co Burry Biscuit Corp Sugar Feb 10% 12% Domestic Finance Corp class A. Feb > 775 2.50 Line Bunker Hill & Sullivan Caiamba 10% Jan ;.7% 1% Dobeckmun Co common 3% May 30% 104% 107 % • Cable Electric Products Jan 6% 800 Sugar common Distillers 15 Va May 19% 23%- Fto 5% 3,200 ., May 12% May 14 29 % 3% Tobacco Devoe & May 9,700 12% 47% 1 common Ring 2,400 Jan 1 Va Iron Foundry— Detroit Steel Product.,, .i,. Feb 12 3% Jan 3% May Jan 3% Detroit Gray 33 %. Jan?. 300:-:, 27% Apr May 5Va 1 , Jan 32% 27% 10V4 40% 7% Mar 33 100 7% ■ 4% 5 1 Atlantic 8% 20% Jan 3% 27% Jan 2,500 67 65% 129 1 Detroit Gasket 33 27% 2,100 t>',+ 8% 13 1 Day Mines Inc Dayton Rubber Co clase A Dejay Stores common Dennison Mfg class A common 7% May 4%- 'l"• Apr 7% 8 / ■; 3% * Cuban Davidson Feb 87% 1,500 50 9,200 "7% Davenport Hosiery Mar 20 7%- • * Mills Ltd class B Burma Jan 85% . 7Vaf 26% . Feb D Feb 14% 81% May 9% Jan 6% * 7U0 8% " 27 Mar 47/a May 1,100 6% Jan " 4% Apr 320 26 III ; Junior preferred Rubber (EL) Co Pipe 11% 16% May 22 9% Apr 10% 23 59,000 34% 9% 33 6%" Jan 900 21 Va 5 Jan 21% 1% Mar 17% 4,300 4% 2V» Jan 6% May ' 100 5% 13% Mar Jan 3% 17% 817/a 25% : , Jan 600' ; 700 4% 8 5c Co. Drug Co Curtis 400 7% 10% Jan Cuban Feb 13% 17 . 33% vtc Piston 16 Jan 10%' Jan 46,900 - 1% 20% 11% Cork Internat'l "A" Curtis Apr 13 8% 9- • Distillers Brown Burd Apr 11V* 5,600 1% 6% Ltd— $6 preferred Feb 9% 24% Mar 11% - 200 • Va' 33% • Bruce Buckeye 38% 4% 7% 10s class A vtc Forman 4 £i - ord reg preference 2nd $3 Brown Jan* 50 17% "* i 1st Apr 17% . Brown Company com vtc— $5 X8% 350 12% • B 36% May 300 Apr 22 Smelting Ltd— Cent Petroleum Crystal Oil Ltd— rets Columbia Class 700 8V2 21% Apr 13% American dep ret. ord rag Tobacco— deprcts ord bearer dep rets ord reg Amer 36% 30% Mar 13% 24 2% Mar Petroleum—; Crown Jan 36% 2% Feb Jan 25.;. Crown Jan 4 300 • - 17 Apr 1,200 2% fi Co Jan 15 15% 72% Jan -•11% Crown 6% Mar Jan 15% 2,0®0 • Oil 5 Va 100 6 12% • __ British-American Feb 11% 1 Brlllo Manufacturing Co common— Class 15% 5% Mar Brazilian Traction Light &■ Powers...* Breeze Corp common * Bridgeport Apr Jan Jan 11% Inc Crowley Mllner & Co Jan 11 5 W)J, Bourjols Inc 14'A *3% 1 prior cumulative preferred-100 Borne Jan 12% • 5Vz% 11 Va 11% 3 ; Co 900 11% • C) 12% 66 % 9% 7% Crosley Motors Jan 21 —4 common Blue Ridge Corp common Blumenthal (S) & Co common: (H 8% 8% -1 Blckford's Inc common li 1 Birdsboro Steel Fdry <fc Mach Co com.* Black Starr & Gorham class A • Blauner's Apr 2% 15% —1 —1 Canada common Hedges 6% ~6 -1 common Benrus Watch Co Inc Benson & 16,300 —1 common of Telephone ~77/a 127/a —1 common.. Shoe Corp (A S) Bellanca Bell Inc "7% 12 7% -1 Jan Ltd— Brewing Croft 13% 97/a 8'/a 1 American dep receipt, (ord reg)—£1 Creole Apr 25 65% Petroleum common Courtauids Jan 6 Feb 5% — Feb 10 % 1,900 1 preferred class A Cosden 13% May 4%* Jan 6,800 5 $1 Jan 43% V, Jan 11 Va Andes— shares American 12% 1 Baldwin Securities Corp 34% Mar 4,100 10% 1,700 25 Reynolds common & Corroon 37% 36 78c Baldwin Rubber Co common Banco 36% • 7% Jan 69 9% —10 T Feb Jan 4,200 12% 6% 425 n% 1 Co Gold Minei Cornucopia Jan 200 non-voting B Class 7% 4,300 7% 33 10 Gar-Na-Var Corp:—; —1 Foundry AManhlne Co,—1 & Varnish Co • Jan Apr 20 200 Apr 6% 7% 13% Consolidated Royalty Oil Feb 5% 5% 11% May 13% 1 Airlines Consolidated Mining dc Jan Jan 25 Va Consolidated Liquidating— May % 82% May 5% 7,000 3,400 IV. Mar ~7% .* 3 Machine Ayrshire Collieries Corp common 6% 5% 76 72 100 23%. 5% 22 23 1 V 75% 72 Apr 2% 1,500 3% 3% Apr 60% 400 76 70 Jan ii • Tel class A Associated Tel & May 10 8% 600 9% 9% 9% „ • Jan 38% * Colt's Jan 5% Jan 4% Manufacturing Co. Commodore Hotel Inc Community Public Service Compo Shoe Machinery— Vtc ext to 1956_ on sol Engineering Corp. "Consolidated Gas Utilitle Feb Jan 35% 27% ■ Colonial Sand & Stone 21% Jan Jan Apr 4% 30 12% Development ordinary Colonial 114% May 15% 40 9 100 "4% Cockshutt Plow Co common Colon Feb . Jan 600 20% Clayton & Lambert Manufacturing—-4 Clinchfield Coal Corp common 20 Club Aluminum Product. Co 10"% 11% May ' Jan 5% r6% Claude 9,300 Apr 12 11% 1% -J 10 Jan " 181% Jan 8% 12% —1 Inc Jan 155 Jan 27% Manufacturing Co. Neon 12 % 12% Feb IVti 100 Apr 8% 12% 113 16% Armstrong Rubber Co class A 4% % convertible preferred com Apr Jan 820 8% 68% -5 10 4 Mar 5% Feb 94% Mar . 36% ii% 10 105 Jan 16% Jan Apr 8% Consolidated Mining.. Clarostat 179% 8% 6 Jan 15 preferred Associated Apr Apr May 85 77% May : Apr 27 22 Apr May 5% certificates trust 20 3% May 22 700 11'/a Jan 15 Gas common. Arkansas Power & 400 3 25 7% Auto Stamping— City & Suburban Home. Clark Controller Co 17 % May class A non-voting Common 106% " ■ Jan 36% 6% 700 6% 6% * 9 106 106 1 Arkansas Natural ~8% 8% Jan 8 3% pfd__100 Appalachian Elec Power 4%% 4% i" Air Line. & Southern Votine Chief Mar 13 Apr 10 200 10% 10% 8% 9 8% 175 175 10 City £1 1 1 dep rets ord reg Chicago Jan 10% Anglo-Iranian Oil Co Ltd— American Cbesebrough Manufacturing Chicago Rivet & Machine Apr 5 6 1 Angostura-Wupperman Jan 11% 118 8% 8% 2 Angerman Co Inc common Apr 77% .. 100 100 10 -2 Cherry-Burrell common Jan 8% 8% common Corp Charts Jan 10% 6 Anchor Post Products Jan 6% - 11% preferred__100 6% % 112% Mar 150 114 114 • B Writing Paper common 9 ' % 33 17% 89 7% 51% 35% 6 Va Jan 1,200 22 77% Ohio Steel Product. --1 Central Power & Light 4% pfd—-—100 Feb 7% i Apr 26% 10y preferred 3.50% May 4% 15% 4,300 3% 22 Maine Power Co- High 7 Mar 200 7% 1 6 1,600 16 —1 • Central 84 l.lfl • American of % 29 class A Chem & America. Illinois Secur Corp..— preference $1.50 series preference $1.40 series— Conv' Mar 1% Jan 1% & Co., Corp 5% , 16 ..10 Low 800 7 5% common- % • pfd 13 Jan 1 500 1% 1 Co B American 6% 9% 250 5,000 • Potash American Class Apr 93% 14% 20 26 Machine (A M) 67% 250 1 V ~lYa 1 1 29 Co Rubber Products 8,800 Light— & Power Class B ex-distribution Casco 72% 96 10% IB A____l 1 —100 pfd—_ conv {American Eantam Car Co class Carter Range Since Jan. 1 High 6% 6% —1 (J W) Co common. Jan 77 26% 26% • • Manufacturing Goods Low Par 69 100 preferred cumulative Aluminum Exchange New York Curb High Low 95% 69 • America common Aluminum Co of STOCKS Range Since Jan. 1 High Low Par y 35% May 1% May 9 Jan 27% May Volume 173 Number 5013 The Commercial and Financial Chfimiele ... (2115) v '311 l.v NEW YORK CURB EXCHANGE RANGE Friday STOCKS Last New York Curb Exchange • ■« -v Low Par 10c York Corp common-— 55% Fishman , Ford . <M 3% Class A Class : . ■ • •" of Canada— Motor 3% B 3% 31% 10% 10% 4,500 . 25 62% 9% 3% 10% Jeanette Apr Feb 66% 75 Glass Co Feb Jim High Low Stores Co (N 5 32% 34 % 1,100 26 Feb 3% 5 3% 37/a 4,400 Jan 2 1% 2 500 2% 2% 500 1% May 2% Apr 1 Co 5% « * Kokenge 20% Feb 7% May 32% common -Preference Julian & 400 1 J). 36 Apr 4% Mar 2% Feb 3% Jan 22% Jan Apr Ford Motor Co Ltd— American Ford deposit rets ord reg Motor 5% £1 5% -12 % —1 10 % 10% 1.25 Franklin Simon & Co Inc commonli-_l 8% Fox • deposit receipts bearer—- Pitt Brewing Co_ convertible Fuller ! Brewing-— (Peter) 4% % t 5% 1,900 % 7,900 4% 5% Apr 1% Jan 13% Feb Jan of France— American Fort • (Gee-A) % May • 10%-May, ~ 100 9% 1,500 ■ 41 41 11% 11% _5 11% 1,000 Jan Jan Jan «« Kaiser-Frazer Feb 9 45 12% Kansas Gas Kawneer Jan Jan 100<r><**38 • - 11 8% dan~ v-8% preferred-^riri.—50 Co • 19% 8% • Apr Corp 1 Electric 4%% & pfd "' 16%—• .16%- 5%. preferred .* 100 Ggilman Mfg Co common_1 1 General Builders ; - Supply Corp com—1 6%- .convertible preferred--. !-^_25 Amer -dep ord reg __;_£l rets 5% - Co Public _! Glen ,v C) 100 7% 21% v 18% \ - TTh '-r McBean ' 1 lTMi OTfr Jan class, B_!__!_„1 5 Gobel (Adolf) inc 1 common class Sugars A 15% ■ 29% 1,300 4%, -5,/a 1,800 5 * V __ -4 _1 Lake Etnil) Class B $4,50 !__*■ prior preferred! - dEan^o Goldfield Consolidated Goodman Manufacturing Gorham Mines Manufacturing —_1 Co 100 82 30 % / Grand Gray " Rapids •' Manufacturing 'Great pfd__25 conv Varnish ; !_ Co ^ Apr 17% Feb Jan 30% Apr !_ V- 12% 12% ,14 100 * ,124 100 w Lake Lakey V Lakes Great Northern Oil Chemical & Co :__1 2% _25 x50% j" Griesedieck Western Brewery— ■: 2 ^Grocery Stores Products common™..5 24'/2 24'/2 25 _! _! Lanston . • Gypsum Lime & Alabastine 50 0 2% ' " * 5 5% • 5% 5% 12% i2% • Corp Paper Hartford Electric Hartford Ravon ! common Light -25 common .Harvard 2 Hearn ' r Mar Mar - Mining Helena 5% Feb 6% G) 18% ; 32% Feb *; 44% Jan 5%% 7 500 10% 11% 400 9% 27% 29% 3,000 23% * 1—* 13 ) 13 „ 1_ .2 — preferred _100 15% Mar 19% preferred Henry Holt Hercules 12% Mar 14 ' Steel ; (R) 1 Jan 96 V2 Jan 4% 3% 4'/8 1 6% 6% 7 preferred— —10 2.50 8 __ 13 8'A May Hollinger Consol Gold Mines 5 11 1 __ Border's V.,Hormel Horn Co Inc 5% 14% 14% 44% / 44% Baking Co Hardart & ; 100" 28'A Humble Oil Hurd Lock-Ac SHuyler's , & 1st Refining convertible 150 .«•* 27y2 600 108'A 108% __ . • . .' '" Co 5 :__!'i-l Securities— 113% 120 1% Stores 11 10 10% 4'A 4% .-1,000 20% 700 Mar 18 19y2 May 275 1 Feb 5% Mar 3'/» Mar 3V2 Jan 19'A Apr 4% Feb 27 Jan . 1 Imperial Chemical -- 23%""- ^2^50- v 27% 18% M*r Jan 5 American dep receipts registered—_£1 Imperial Oil (Canada) capital stock—* 33% 33% 34% 22,500 10% 10 % 10% 2,800 of Canada 5 — 5 4% 100 5 25% 10% Jan - 39 12 40% 112% 113% 15% 16% 80 Xll0% Apr Feb May : ,113% May 14% Jan 17% Feb 12 1,900 - 28% 12 % 41% Apr 32 % Mar 12,200 . Textile Jan 15% May 1 Steel Midwest 10 10% Mar 49 50 15% 15% 16% 7,600 14 14 14% 4,400 2% 1,600 * • common dividend shares of & 5% Feb Apr 37% Mar Jan- 12% Feb 11 10 % May Feb Jan 6% .1 1 14% 14% 8 1% 3,400 8% 3,100 14% 800 8 r. 15% 56% May 5 Mar Jan 8% Feb 12% Jan 1% Mar 2 Jan Apr 9% Feb 12% Apr 16 % Jan 13 Jan 16% Apr 10 Jan 11% Feb 8 6,400 — ; 9% Jan Jan 7% Jan 9 1,600 — 25% 150 25 Jan 27 Feb 1,650 18 Apr 24 Jan 5 200 4% Jan 28 800 22% Jan 30% 5 19 27% 18,1 25% 18 TV 1' * 30% 50 4% 4,600 5. 27% "37/a 37/a 6% 30% 30% 175 15 14% 15% Corp. 1 1 3,500 6 ri 34% 38% 2% Loan class A Society com Montgomery Ward & Co class A participation pfd Corp of America Moody Investors Plan 1 * * 10c States Power 10 common—7.25 States Tel Tel—! Producers May Jan 13% Jan 26,500 2% 34% 2,800 92 92 100% 101% preferred 100 Jan Apr 40 preferred 100 series B—100 cumulative cumul 3% 6 30% May 14% May 102 Power Co— preferred series C 30% May 1,909 30% * 4.80% 2% Jan 2% 93 Co 98 Jan 107 Mar 2% 167% 169 169 ~4% "4% 19% ~4% 20 11% Jan 101% Jan 2% Jan 165 Apr 185% Jan 36% Feb 4% May 16% Jan 4% Jan 2% 100 200 1,900 600 99 % 39 39 21 21 400 19 U% 11 11% 10 50c 24% 24% 24% 7% 7% 8 2,100 17% 18 1,000 1 4% 4% 300 3% 18% 3% 19% 7,900 5 . 17% 200 20% May 13 Feb Apr 103 % Mar May 9% 1,000 Feb Apr 10% 5,200 280 common— Feb May 40 May 2%. May May 500 common Company Jan 45 May May Ring common——2.50 Piston Muskogee 19% 103% 93 —10 Muskegon Feb 92 41 5 Feb 7%. Jan 35% 100 10% Mills 5% Jan 50 39 Co 35 25 99% 100% Ohio Mfg Feb 29% May 75 11 ^100 5% 34 93 93 2% 99% <fc Vernon-Woodberry Muter 13 Jan 3% May 13% common 4.00% Monroe Jan Mar 56 13% 50 * 100 — Pictures common Monongahela 4.40% 9 500 1% Feb Jan 7 8,100 12% 14% 4 300 1% * 10 —10 pfd preferred Canada Light 5Vc Service Public Monogram 16% May Jan 7% * 10 Pwr Molybdenum Jan May 2% May 3% 12 Feb 50 3% .50 2.50 Feb 12% Mar Jan 7% 1 1 * 50c — convertible Corp Missouri 13'A 200 8% 15 Piping & Supply common-*.—* Refineries 1 Co common-— 50c 4%% .37 8% 6% Wohl Mining 50 10 8 _« preferred—? common Abrasive Minnesota Mt 2% 2% 10 Mid-West Miller 2% 16% 1,900 1,600 1 !—_—__. $1 conv Feb Products— non-cum Co Feb 13% 12% 25c Corp Corp 16% May 21 34%. Apr 42% Jan Feb 2% 13% 1 Petroleum Oil May 11% * Corp common States 16 13% & Scott Corp— ! Hone 16% 12% Jan . 11% 1 preferred 700 700 40 % Mar ,_1 Co__ Co 16% * Co— Iron 13% 15% 10 Dredging & 800 12% 16 £1 & Co class B—Jh— Mlg Murray Industries— Imperial Tobacco 100 12 39 30% Mar Mountain 22 Jan * Mountain - Apr 24% Apr 29% Apr 25% Feb Apr 22% 11% " common Morris 22% 29% 275 2,800 ' * Co—'— Marine Ltd— Co Shovel Johnson Mountain Illinois Zinc Co* Jan 27% dan 28% May 30% Mar Jan • » ,<i$L Co B) Midwest Oil Co ; *131 (A G) $2 Jan 32% Mar Power Harris - Feb . .. 10% 29% - 23% ._1 Feb Jan 5% • 23% Mar ' 9% May 17% ' • Feb Jan 29Feb Jan ' 1 common (The International Midvale Jan 111 Feb Jan '■?.' ' • Apr ; 26 y4 15% Mid-West 32J/a Jan 3% Jan IV2 Apr ,100 2,700 ... Light $6 pfd Service Midland May 169 Apr 20 " * 5 4% 1% 1% 13% <18% 22% 15% Midland 15% May 45% Jan ' May ^ 102% 4,800 4% __ —1 Hygrade Feed Products—_'___ - 25 113% ; _I preferred-- Jan Apr 26% 10 Middle 4% Feb 107% Mar " 50 . 15% 60 Jan 44JAApr. 156 . 5 common Manufacturing common ;-Hydra-Electrtc . Inc 13% 200 28% Jan 9% Jan 39 • 10% .19% Jan 4% 9,500 ' 8 - ^ ,v "17% 700 28% •-* Jan 8 —^ - Co 6% 9% Jan 14% May May 2% May 600 15% ^ (Karvey) 100 xlO'A __ 287/8 preferred Hubbell .8 12,300 45'/2 » common 50 2% - 11% 6% Mar 100 ■ Public Micromatlc 9V2 Jan 14,200 .. Exploration Participating preferred Brothers, Inc Michigan Bumper Corp Michigan Steel Tube— Michigan Sugar Co common—. 5% Feb Jan 60 !15 & Co A) 2% 54 ——* L— (Geo Apr 5% 11% 10% "i * * common & Hardart Horn •. Inc. Stores 3% 400 8 • • Feb --5% Jan Jan 3,000 10% 9% —— 10 Michaels 9% Mar 2,500 13% 13 * 5,700 19% 25% 13% Metal 70% Mar 600 10c Holly Holophane 9 common Co class A & 8 'A - -17% Apr 'v. < Jan a ,900 17 — 5 & Warrants Feb 88 67 20 . •'.15% • 0 5 Mesabi 15y4 Mar liy4 Jan 200 • 69%' Products -convertible 5% Hoe 69% Feb 4 % Jan ' ' •'- 19% 28 *_! (Texas). & Merritt Chapmen Feb 14% -• 100 w & Co common Higbie Mfg Co :>•• w - 500 — 17 9% !__ —_„ A 'f;• 19 Vn Co Menasco ' 4% • 1 olass Co Power Mead Feb 50 ; 13 10 % Feb 1,200 ' * McWilliams 8% Jan 14y$ Jan 175 f -14% Feb Jan 4V« 8% 18% 18% /r". 1 Corp Marconi 29% May ' 6ye May 11% Apr 1,100 13 > ; __ Jan Apr ; 4,500 6% 13 V 13% 16'A 16% ■ ; 16% !__» : 6'A 6% Feb -46% Mar • Jan 4% 9% — Inc Mapes Consolidated Mfg 37Vi Jan 49% Jan 6% Mar 2% Jan 7% Jan 11% Mar 4 Jan 1%- Apr 5% Jan ) 100 10% 5 common—_* Heller Co common , 6% . 210 1,400 < vlO% - May 900 6% ! - 9% • ■ Manischewitz Feb 28% —25c A 1% 1 1 ^ »% Mar ' ,-600 v 9% 6% Chain Gas Land Mangel Jan Jan * Co Rubinstein Class 4% 1% 6% —5 B Maine 23% Feb Jan i__1 r Dept Stores common., Hecla 46% 4(A __ Hazeltine Corp i 45% 4% !_ Apr 1ft Jan M Feb 26% Mar 1 l'A May 11% 1,600 - 8% Mackintosh-Hemphlll 54 50 34% x35% ■ __ 1 ______ :___!!___!__1 Brewing Co Hastings Mfg Co Hathaway Bakeries Inc /; — 5 • 16% ».• •15% >.157/t ;4% ■V 5"'-'V 4% 5 common Steel Star Lynch - Hammermill 31% - X9% Jan 8% Machine University Groceterias Louisiana 3% Feb •. 400 - 100 —-i of N Y—1- Liberty Fabrics McKee 12% 1,900 9% —1 common— (R Louisiana H Bridge Co Ltd— __! —a Longines-Wittnauer Watch Co 136% Jan 136% Jan 22 __ Realty Marlon Hamilton "4% 9% 13 Va 12 1,200 "4% *>1 -U5 Delaware Extension Massey Hall Lamp Co 5Q 12% 7% 56 Feb Jan 21% Apr Jan 11% Mar Jan Jan 25% May 9% Mar Feb Imperial Tobacco of Great Britain & Ireland £1 : Pwr & Light 4% Indianapolis Insurance Co JLntecnaticnal of North Cigar 9% 9% 100 pfd„100 America 68 70'A ____!_* Machinery 68% 13% 13% 14% 9% May 100 9% 97% 310 100 5 ! < 102% Apr 74% May 13% 800 N Feb 64% Mar 2,620 14% Jan Jan Nachman Narnm's International Preferred International Registered International Investors Iowa _:_50 91 % 93% 700 shs__* 17% 17 13% 10,100 1—* 17% 17% .—10 Industries Petroleum 91% Products 15% 13% —1 —— Air Chute 94 May 12 Jan 7% .• 18% - 300 National 19% May National 11% May National l°/K - 1% "1% 9,400 3,600 1% Jan 15% May 2% Jan Apr 93 1 cl AH « , For footnotes see page 33. 15% * * ■ "7% 16% 200 15% May 7% 7 % 700 National 400 "% lan , —IB - - Fuel common. common common Cooker common Pressure Radiator National Rubber • Feb National Jan Steel 18% % elan' National Co Machinery— common 13% 13% 2 • Jan 4% May 9% 17 13% . 13% 7,900 9% 500 17% 300 17 13% 13% 1,800 18% May 5% Feb 3% Jan 4 Feb 17 % Apr 22 Jan 34% Mar 11% Jan 13% Mar 9% Apr 13% Jan 17% May 16% Feb 13 12% Jan 8% Jan Feb 12% Mar -4 10 % 10% 10% 200 lo 13% 13% 13% 600 10 Jan 16 18 17 18 800 15% Jan 20 25% 25% 175 25% Apr 29% Feb 2,100 3% Jan Products—,——1 Car Ltd— -* Transit 2,150 14 * 34% Mar 1 -_1 Starch National 3% • — Fabrics Mfg & Stores Feb 1 25 Gas— Mallison - 10% 7% May •% * ■ Hess Breweries preferred 20% May Jan 12 Vb 89 % >' 15% 100 _—— Italian Superpower Corp com ii. Jan National preferred !.———. Fireman Manufacturing v t c_ Irving 78 % Service Co 3.90% Iron - 1 common Bellas National * A coupon shares Royalty Public series———' Metal International Inc National Hydro-Electric— $3.50 Corp 1 ~3aA 3% 3% 1 Jan Mar -8% Mar I I 5 ' Feb 10 - 'w; ... •; " Apr 28% Mar 127A May Jan 22% 300 __ jj * 1 V 2JA. Jan 46 -650 " 15% 12 __ 33%c 1 Co Machine & of Tourneau Class Feb 9Va Apr 26,200 x50% * -17* Jan • '300 ■10% •15% ,_10 — Ltd Communication 1 Co Co Monotype Salle Lone Mar 32 May !_. Paper '2% 1 37% Jan ■x3%May 3,800 9,400 Jan 24 3,300 % v ■ 10% • Mines Corp Locke 23% Apr t 124 130 132% ) -u • - 10 v» 5 7.50 Forge Foundry Lamson Loblaw " Great Rubber Company...— Apparel Inc Shore Lionel " if Jan 68 Jan 50 126'A 131 u- ••• ♦ common Brewing L'Aiglon Le Feb Jan 975 124 __ Jan , - - stock (The) Lefcourt Feb V 10lAMar 3,200 v ' Jan 7% Pacific Tea— Atlantic & Non-voting common 7% 1st preferred * 29'/2 '• - 20 ''40% 87 Jan Jan '* 55 -- 12% 5 ■* 20 __ 1 2 (IB) 20 A Mar /• .4 common., Graham-Paige Motors 5% 35 82 ^,$- 7,100 ft 50 ' Co Laclftde-Christy La 5% Apr 60 - Jan 3% Jan 49% 38 * ■ 29% 28% 28 Vs Co Xtd—!.—-_^l M I 8% Jan v 7% Jan C May 35 • -'-16 •" Mar<^ 23% Feb i_ 38 82 38 * G Jan ' (D Kropp * — Petroleum Krueger 19% Feb Apr -11% May 6,100 11 */*-■?■ -2,300 27% 27% •X3% I 108% May 19 35 3% Hotels Corp Kobacker Stores il"riiWijM^iT|yi|i T««ni 28%t Jan - — 12V« 1,000 _1 I I 13% Jan 107 50 27% Feb May 15%. Mar Apr 9 16% 1,300 May - __ 16% '7% Jan 550''-3<YlVt A&c-20* ~ - — «.•.*-;••• 11%'.** -11% i=_ Distilleries preferred 7% 26% Kleinert 22 Mar -105% Apr Jan 7% 26% Klein ; 8% Apr • 14f) 1 Kirkland 9% May • Jan .'TJtj'xll')!'>1b ' 18 Co__ri: <k AWen-HCoal^ vGodchaux ' 7% Jan i 1,900 !—v,__ Globe Dnieia. Co-Inc ; *8% " 650 - - ' CHenmorc Jan 108% Kirby -.*14y4'- 114y*--?r-50ir-.w <• U4l4ttApy.r#;> -V - £2 imtUfbMi ft *4M|£iRS. - ' 4%- : <5,300 ■>-. reb 1 common! Co •/.Gladding 9 • -101 -- 4%r n*<'1' J. Giant YeBowkmfe Gold Minesr:v-^!-_-_l-w--4 (A 20% • 500 825 ' Seeley Corp— Kingston Products 13 iV ~z£~^r^--u100- c.tFeb, Gerity-Miahr Ccrp Gilbert '9% preferred-!--.;!!!^ 114% <rr, ■■ - preferred: xaichrist 2% Apr 2% Jan ' cumulative 18% * common Knott 20% Service •'$6' Georgia Power $6 us45- • 300 - •'4% 10 18% 108 I I 29 13 y4. Jan "9% 108 I Jan 18% 100 Jan 8% Jan 15% "9% 5 King * .r7% • 5% Jan >■ : __ — 20% 5% May ' 1,000 ■••••- Feb Jan Jan May - 4 • Jan ' 5% Feb '23 Jan pref«reddL;xbr22!^Cdi$.!_2a..15%^.15-'/*!..^200**>* 19 con*- General 3 16% 100% 1 6% 16 % Jan 06% Apr 3,200 - 2% - __ - pfd—!—1100 General OiatdoorAdv 6% X • !iHi5 common— ' ••••■'• __ pfd A—_—10 , General Fireproofing 2% 2% * General Finance Corp 5% / ! V 3,800 - 6% - _! General Electric Co Ltd— -5% 5 - General Acceptance Corp____^_-____!_-l % V 6%k General Alloys Co _____—..! ; l7,%*W?:'ki,OOOi ' 105 % — * & Kings County Lighting Gatineau Fewer-Co; commoner 30 1,700 27% 108% Apr 5% May 15,300 106 26% 26% 5 Kimberly-Clark Corp— 4%% preferred t 6% 106 ' • (Walter) 5% 5% 100 Co Kennedy's Inc Key Co common Kidde , Range Since Jan. I High .10c Lake Sulphur O'Mahoney Inc Brown —1 common Jefferson Feb Jan Low Jan 32 Jan 4b & Jan * 1,900 —* •__ Shares Par \ • for Week of Prices Jan Feb 29 100 ; 50% v ; 48 % Sales Range tale Priee High 55% May >3% Jan 54 48% Week's Last New York Curb Exchange Jerry '—* .. 18 STOCKS 100 ^ I;'''l';,l non-voting voting——_ MAY Range Since Jan. 1 - Low 57% 31% Co Inc——_1 H) ENDED Friday Share* v. High 55% $2 dividend cumulative preferred—1 j: . 10 WEEK for Week «f Prices w FOR Sales Range Sale Price , Fire Association (Phila) First Week's - 4% Feb Jan Feb 1 I 1 I 1 | The Commercial and Financial Chronicle _ (2116) .... Monday, May 21, 1951 . NEW YORK CURB EXCHANGE RANGE Week'# Last Range Sale Price of Price* Shares FOR WEEK ENDED MAY . * Exchange New York Curb Low Par Meter common Mur Co common-—. England Tel & Tel— Haven Clock & Watch Co— New 4 Co 5'A Feb Rowe Jan 20% Jan Royalite Jan 5,580 93% Jan 118 May Ryan Aeronautical 2% Mar 4 Jan Ryan 6 'A , 600 10,200 9% 9% 10'/8 4,300 2'A .i—1 2'/» 12% I 6,500 . Auction & York 9% Merchandise ,3 350 31 10 / 9 Jan 300 May 37% St Jan 12 Ltd Jan Lawrence Share Corp Ndes-Bement-Pond o common Niagara North RR Penn Co Northern Ind Northrop 16 JA May Schick 4lA'< Serv Pub 18 V# 20% 15% Feb 20% May 1% 53,600 6,800 49'A 100 17'A 4'/a Feb 94'A 95 V2 1512 14% 17 36.600 17'A 17% 18 1,000 - 130 (D Seeman • Segal Lock Selby 17 Apr 19 »/# May 3 common-* preferred .100 Natural Gas———_—15 Co Ohio Brass Ohio Power Oklahoma Old class May Corp— Oliver United Filters, class B Olympic Radio & Telev Inc— Inc — Apr 32% 17% Apr. F"eb Silex 1,900 8:% Jan Co Can 200 18% Jan 18% 40 44 17% 17% —-—5 ?>.— common 25 b'.t 1st preferred 25 5% redeemable 1st preferred 25 5'// redeemable 1st pfd series A—25 4.80 'It red 1st preferred 25 Pacific Lighting 54.50 preferred™—0 $4.40 div cum preferred —_—0 1st Pacific 2,700 21 Shoe 3M 1,500 2% May Pacific Power & Pacific Public Service $1.30 Light 9 J/4 1%. 6.200 Tubes Pancoastal Oil (C Panatapec (C Oil Paramount Parker Motors Patchogr.e class Corp Penn Gas & Penn Power Water & Penn Pep Boys class Light 4 % A Perfect Circle Pharis Tire Philadelphia Phillips Co common Co Screw Pinchin Gold ..10c ; Ltd : 32 V« Canada..— of Ltd 2% —50 Pittsburgh Metallurgical common.—5 Valley Wine Co i; 1 Polaris Scale 6% 1st & B Producers Corp Prosperity Co Providence Service 'A 'i< Puget Sound __1 ; Co 6 , 6V2 Jan Apr 35'A . Jan x41 2% Timber Feb 11 Feb U Jan Apr 23% Jan 11V2 Feo 2,400 1,400 4Va Jan 4% Mar 100 22% Jan 28% Feb 77/*> Jan 2 7,500 1% May ~2% Mar 2% 2,600 2 Va May 3% Jan 33% Jan 3% Apr x58 May 18 Jan 150 4% Feb 26% Jan Feb 5% Jan Jan 12 Va Jan 25 Feb 102 Mar 8 • 19 V2 100 Jan Feb 300 34 Jan 40 Feb 12 V. 900 HVa Jan 12% 3,000 14 Jan 2% 6,400 3 % 2% May Jan Shoe Power 9 10% .10 Apr Raymond $3 convertible Raytheon * Recta Reis Pump Co Shoe Co (Robert Reliance B_ Steel of Co Stein (A) Co Richmond 6.25 Engine Sterling 1 Stetson (J Sun Ray Bl Thcw 13% 15% 400 12 400 17'A Jan Jan 9 125 18% 17'A May 2,300 17 12% Rome dep 27 60 9% 9% 6 6 7%. 27% 60 Cable Roosevelt Jan 400 - — -9%. ... 30 Co 9,200 Thiokol Thor 19 Jan Jan • 2% Jaa 30 60 May Feb Oil Apr Feb 6% 8% 1,200 € Jan 8% May 4»A Apr 4% Jau 1% May 23 Vs Jan 2% 500 500 5 23% 24% 1,400 32% 33 3% 200 2,300 - 31'A 12%. Jan Apr Rotary Electric.Steel Co For footnotes see page ; 33. 5 _ 10 12>A May 21% May- Jan 3% May Jan 17% Mar 20 Jan, 14% 100 14 Apr 17% Jan. 40 a# 3,500 37 Jan 41'A Feb - 6% 10,200 6 Mar 8% Feb - 5% 1,400 7% Feb - 5% 5% 5V2 May Mar 30 163 162 162 10'A 6 »A 6% 4% 400 4'/# 4'A 1,000 29% 30% 8V4 3,200 4% 161V2 160 900 900 9% Jan io'A , Feb Apr- 30 0 — 5 com >7% ~2% 10c ... A 7% Jan Jan 33% Jan Jan 26 7'A 8'A - 2'A May 3'A Jan 4 5% 2% May 18'A Jan 350 *; ■ 500; 1% 22% May- 3% Jan , 20 20 100 20 24% 25'A 650 20'A 20 3% .1 20'A ': 250 3% 1,800 20 17 36 36 19 % 20% 5% 11 Jan 18'A Jan • . 13 "A May Jan 34 Vi Feb 4% r Jan 23% Jan May 3% May 300 16 —15 Apr 4% 1,200 5 4% Apr 22% Feb 34% Feb 24'A May 3% Jap a * !:V. 25 0 Feb 1,500 4,600 2!% —_25c Inc. * 2'A 1 Cement, Apr May. j*' 16 Jan * common.. 5% Mar.' /4% 2% 2% ——5 Jan 5% 28'A 300 21% 21'A .1—* common 7% 14'A Mar 300 2'A 4 4 1 Jan Jan x22'A V":-'' 15'A 15 6Vt 4'A 4'A May & common.; ... Light $4.56 Co pfd 5 Inc Jan 6'A 100 10% 13 13% 86 87 Feb Apr. 17% May Jan 17% May Jan 7% Jan 10% May 15% Jan 18%/ Apr.. 85 1,300 *210 9% 9% 9% Jan 15 % 7,800 18 Vs 86 12 % 22 Jan 91 -•• Mar Security Trust Co Ltd— i deposit rets ord registered__£l deposit rets def registered—_5s Corp common —20 Toledo Royalty Edison Corp, 4%% 100 - 6 4%. 4% 4% ( 97 % 98% 125 1% 2 V« 34,400 preferred100 1 3,300 3% 95 Jan. • Tonopah Trans Mining True Lux of Nevada... 1 Corp Temper 1% 1 2% warrants 3 Feb 2 V» May. 4 2% May Jan 3% 2V2 Mar 49,600 Jan ,5V« May-* 105 Apr 1% Mar 2,300 2% 2% 2% Jan 53 V2 Apr 41% Mar 200 45 44 Va 6 V# May -r Feb \l 70c ... 6% 6 V» - "44% Shipyard Trunz * Jan 23 Jan 20 Jan 19% 250 22% 22 Feb 16% May Corp.. Inc Tung-Sol 2>A.f.u 3,900 2 .• Lamp Works convertible 80c 37% 1 common preferred - Feb Jan »" -2% Corp.; Chemical 10c ...5 Corp,..-— "il-i Union Gas'-of Canada-^- Union 96 90 92 Va Apr 103 Feb 37% 38 50 34% Feb 43 Mar Investment' Union Oil Co of Co— .... 2.4 17% 2,700 13'A 14% 1,000 40% 40 Va 42% 1,900 12'A Jan 9%. Jan39» - Mar 18 May 1?V» Feb 51V* Jan^ 6% 7 Jan 24Vt Mar Jan 23% Mar __ •*; 18^-*' 7% 7% 1 % Jan .4% Jan 8V4 Mar -^1.300 F-'.-jlfiVa-Apr -19% May 7A '7% 19% 100 • • 2,600 , ' . Feb 8 200 -7 Jan 250 93% Apr 103% Jan Feb 76% May Apr California— 100 50c 94 , 16% •% _j 19% $3.75 preferred series A.-.; Union Stock Yards of Omaha— 13'A 2,300 U Realization Feb 94% 17 18% 16% 17 18% 18% 0 Feb 4% Unexcelled 2 17% 600 * 1 Tobacco Amer Stocks Feb Apr Feb 2,000 16% 17% 8 1 L„ Realty & Construction Allied 8% 16% 8% 16% 25c <fc Feb 22'A 112 V2 300 17% 1 Inc 19% 19 5 ; common Markets 40 Jan 6,900 * — common 200 108'A 19% 0 30 "2 Mar Apr Jan 3 £ 1 ___5 _1 Apr 2'A . 100 8 V# 1 Corp Roling Ulen common..: 9% 20 Jan 4 V# Inc Feb* 13 0 Corp.— Inc. Tri-Continental 4f <fc Ccrp Jan 1% 39% "4% ordinary— common Corporation Mar 55 V2 Valley Gas Co— ■' Field 5% Jan Jan 26 Va 9!A 1% 3'A 25 Jan 1,900 4'A-' for ord reg Feb Is 14% —-1 Products Co Drug Power Feb 6 1% receipts May.; 17% Electric Co common.l... Apr 24% May 22% Jan 125 Rolls Royce Ltd— Amer xl7% 1% 38, 50 4% 18,100 6VJ Inc.— Portland Shovel Todd 4'/# (Texas Corpi v ,t c —j— ___1 Rochester Gas & Elec 4Ve pfd F___.ino Roeser & Pendleton Inc common 0 6'A Mar 57/» Jan - 600 3% 1 1 ... Co__ & Finch Tampa Feb 25 3% 11 217# 2% : 9% Superior Tool & Die Co..—— Swan Feb 18 * Feb 26V# Mar. 4% Mar 3.000 10 v# 21V. 1 ... (S) Superior 33% 1% l 28 V2 * * B (Hugoi - Stroock 104% 1 Engineering 500 3% JO'A 6 V# Corp.. Corp Stop fc Shop Inc—2 Jan 1 Radiator 500 IV# ~ Stinnes Apr 24% 7% 5% 21'/4 1 Inc 25 V. .... Inc Rio Grande < —• 4% a**- '* 40'A common Sterling 96 V. 15 Va *'■ 400 1 r r—1 — Canada <fc Brewers 2,200 18% ' 30'A Mar... Apr Apr 1,200 4% 4', " Corp— Sterling 29 24% —* - 32 Va Mar- 24% Mar 44 % 49'A 2 47 47 7—* Sterling Aluminum 99 17% -w 27% , Jan Jan ' Feb 29 Apr Co— class (The) Texas Co— & Eleetvic Rice-8tix r 1 5 common; Reading Tube Corp class A Regal » preferred Manufacturing 47 29 27% May 700 Jan —— ... Tube Technicolor % s- 1 10 Jan Mar-i Jan Railway & Light Securities— Co common Concrete Pile common 45 200 45% 4% Light common Products Starrett Toklan common 23 . 45% Feb Jan " Amer Packing Jan 20'A 24'A —'...10 Standard-Thomson < Voting 35% 50 Mar R Railway & Utility Investment A 1,300 45'A 5 Tobacco Rath Mar. Vj 21% 25 Corp.. <fe class Common :4E % 11% 9 8 Jan 5 44 1 <Ky) $7 preferred Standard Tishman Co 11% Mar. 42% % _„25 preferred. _____ Standaid Tilo Power Apr * Edison— Corp..,.— Oil Thorofare Quebec 42 10 Co— Standard 98 15% Jan 6 V# Jan Jan 9 1,000 -7 79% Feb- 16% Apr 21 % 12.50 preferred.—...- Forgmgs 23 10 1,600 Feb 3V2 Mar Jan 21% Mar Jan 28% r-6%: 6%,- '4% 6,400 10 Vs 5 9% Jan Apr 17% v 8 5 common... Manufacturing 65% 45% May 3% May 1,900 1,700 8% 0 common.l Line Royalty Standard 300 2'A 100 com Co Pipe Standard 4% Mar 74% Jan J16 Jan 13 Va 100 13% 3,200 14 5% 5 9% ——* Brewing Co i ...—-2.78 Standard Cap & Seal common ;—1 Convertible preferred • % —10 Standard Dredging Corp common—.1 $1.60 convertible preferred.:.'— 20 Mar Jan 4% 39 Oil Stalil-Meyer Inc Jan Apr 2,400 33 1 Jan 112 500 4 _._J 13% 13% 66% Mar 74 1 1 Standard Feb 64 Vt v 960 23% 3'A " — 5% 35% Mar. 55 V# Mar 2,900 —£1 Pipe Line.^ Spencer Feb 15% Mar Jan * - preferred— & Feb Feb 6% Jan 105 1,350 Colorado—' Pulp Southland 19% 3% 300 10% 58% Feb 44% May * i of Pyle-National Pyrene 16% B cumulative Jan 17 Jan Jan 11% 1 of Nevada. class Gas Southern Jan 2,420 23 56'A 31'A Mar Jna Jan ' Jan 13 .2.50 common America—! of 1 .-—100•iaurttx-;i<w0 'w'3& 1 v Co— Inc Metals 7% Apr 3% 9% vio \i 57% .20 700 43% 3% 9% common— I— : Pa Feb 4% 900 13% 325 20% Co Corp Feb 8% 27% 28 :/4 62% ...19% 4 common—2.50 preferred——'—. Prenilce-IIall 4 25c a it; 800 25% 3% 40'% "5 19'A 35'A 1 0 —* 27% 5V2 Mar 4,800 > ~4% Feb Jan 5 * — common 25 % 40% x58% wa&t-S -r , Canada of Lambert Pressed Public Co Alexander & Corp Pratt common Mining Powdrell Power 2% Feb Jan 29% Feb 19% Apr Jan 15% Mar 500 800 25% 10% X58 - Pneumatic y •200 23 "l% li« 1 Pittsburgh & Lake Erie Pleasant "5% 17% ~5% 27% 700 .4% 70% 109 Publications— class Aircraft South, Penn 28% Mai ~9 35'% May Jan ' Mar 15 V. 8 V# May _ Jan 18% 5% 0 convertible preferred.—— Fattern 17% "5% * —— Manufacturing common.-.-™ 1 South Coast Corp common —s ;__l Mar H Jan 29% —_* —... ... 25 24' 14'/a Apx 61% 25 ^...25 44 40 Feb 13'A Mar 5% " preferred 21'A May 69 V» 16% Jan . 105% May preference 39Va May 39 1,400 convertible *350 66 V. 2,300 67% cumulative 1,200 . 33% 655/«: cumulative 40% 4 31% 67 25 4.08% 21% 106 "A 108'/a Jan Jan 1 25,800 4.32% Jan 15 ~8V« 4.48% Apr 14 V. "7% Jan 55 ' 23 1 7% Jan , <4% , 1% 13'A 0 -.5 common—— 7% Mar 12 Soss 6% May 1,000 'A;, Ltd 100 51 27 common Mines Piper Aircraft Corp 1,400 24 shaies. Amer 1% 15% Jan Jan 39% . 1% 15% 2,200 21V. 4% 1% 1 28 5'A 4% 10'A 5% May 30% 19'A . 3,100 29%- 75 10 55 55 - 1 common Johnson Pioneer 0 Co Governor 6 27% : 5Va 0 . 5 V2 28 12 14% Jan 5% 29:,4 29'/a > }lar 4'A ——.100 Breweries Sonotone . 50c common Feb 15 V# 25 3'A 2.50 Rubber Packing Phillips Pierce Corp & 2% 12% May 3 V# Mar preferred—.2.25 1,100 V Apr 300 prelerence..: 1,300 68 1% 50 3% 1 % convertible 4 —1 . 11,000 12% 3% 12%, 4.56% 17 V. 39% —0 Co.— Power (The) 15%. "l% ~3% 1 Apr 44V2 3% Peppered Manufacturing Co iMass)._20 '. 20% Jan 15'A 4Q 108'A Jan cumulative xl6 "5% 100 16 % 4.88% 28,500 " com pfd 400 b'/c * original 6% > 18% Feb 6'A 14'A 2% Jaa 47,., May — common——.—1 Electric & . Jan Apr 22 39% 21% Jan 2 10c Mining—— Southern California 9% 50 %."'J 29 2,100 1 common Denn 106% Mar 100 128,900 — 1,200 2% B—— Southwest 6% 2.50 Co—' PennroacI Apr Feb 48'A -- 2 — Jan 34% 2 % 0 Co common Solar Feo 28% 6 43% 16'A >. Telephone common. 0 preferred ——25 $1.32 cumulative preferred— 25 Traffic 27,600 48 Vi Jan 1% 33% 2% ; Control——.. Corp 106 V. Mar I6V2 1 .5 cumulative Penn Apr 8% 28% , Apr 97Va 67 V2 8 Penisular $1 25% 373 6% —1 Mills———.—0 Ltd- 700 — — - shares Corp Plymouth Co 26 % Mar 27'A Jan Reel & 300 Jan 100 % 8.V 2% 39% 1% May 1% 33% 1 Amer dep rets ord registered Smith (Howard) Paper Mills Mar 29 14% - Rig 27%- 27% 31 Apr Jan — Amer 26% Jan c. Co Pen Pur kerf-burg Patican A) t 27 26% 8% . 0 —0 —— v 100 300 0 common. At 27% 27%. 100 Jan 0 Corp of America class A $3 Feb Jan Apr May 7V. common preferred 1st Page-Hersey t Apw- .1 Feb 33 8V. 27% - Feb 3% 11'A jun 0 Safety Simplicity Mar 36% 29 ); 300 100 pfd 5% 11 32 V. Mar . 1,300 29% 27% 27% 27% -6% 100% 4'A Jan 2,100 May, 27/* Jan- Jan 9% common.., Simmons-Boardman 17% May Mar 15 600 : 9% 32%. 9»A 29% — 3'/« . 3% i Sherwin-Williams Feb 44 34% Mar JOO 96% 1 Ltd——— Petroleum ■ .32%. > preferred. 5—2 1,100 44V# May 89 9% Manufacturing Co Singer Manufacturing Co Ltd— 5%% Jan. Jan Apr 3'A Singer Pacific 3% IV# . 9% Hardware Simpson's Ltd Pacific Gas & Electric 6",A 1st pid—25 Feb 7 Va 13% Mar 9% . 6% ; Jan 53% 1,500 3% "5% 1% ...1 Co preferred Sicks 15% 9% .... 113 Jan 15 100 43%^. - Jan 26 Va , 400 1% 25c common Inc B) Leather 4% Jan 28% 1,860 13% ; 80%- Sherwin-Williams Feb May 1,800 16% 13% 9'A 1 —— 55% 11'A 3073 15 1 7,800 40% General &t tR Sentry Jan Feb 13% 30% 1 — Securities 105% . 15'A 30% O'okiep Copper Co Ltd Atner shares— Overseas 60 5% 1,700 78 % Seiuinel Radio Corp common Jan Jan. Jan 13'A 5 Town Omar 107 (4 107% 107% 4%s % Jan, Jan* 10'A.. Jan Apr 4% - 102% Mar Jan 48 Va G-it 38% Shoe Co Semler 15'A 223 10 Jan v 8% 1.100 " 78% 1 Shawlnigan Water <t Powerl 51% *5"# 6 6 Bros Inc Feb 13 100 id JiS 51 51 -5«A Feb- Apr- 17% Co Jan 0% 90 94%. May Steel Siiattuck V --50c — 8% 100 30J 39% Inp Jan O common A) Scullin Scrrick Corp 11V# 17,300 9'A common——.1 Brick Securities Corp Seton Ogden 10 14 V# .1 Jan 227# May Jan 1 * Inc. Corp ;•5% 12% 9 9 V# Jan , * : prelerred.-—-——.49 Inc Jan 6 Jan 3,400 x88'A ■■ Jan 2% " 5% " "'v. 5% I—Zi (Del).' 49% 1% Mar 48V2 Mar, 4% Mar 2,300 x21 20 20 .« . Corp;common Fisher Schulte 14 1 1% 5% Aircralt Novadel-Agene 20% Apr •—* 50 pfd__100 Airlines Northeast Sayre & Apr 14% 49'A 18 '/a 0 Nipiesing Mines North American Rayon S3 preferred.oO North American Utility Securities * Noith Central Texas Oil 5 United Oil Inc 15% 16 Corp 1st convertible 900 15 V2 15'/a 9 , Jan 1,100 Apr % May 'Jan 10'A —* 11",4 10 12 % T25 Co.. common Samson shares T_— Ave common.... High Low High .8% _0 Range Since Jan. 1 Shares Mar .80 Jan "Jan 341/4 Shipbuilding Corp— York Founders Low 1 Ryerson <k Haynes Savoy New Fifth for Week 1I'rices 11%. Jaa Jan ,.17A 10 —10 Corp common Co Ltd.. Oil Sale# V Kauge 01 Feb 33 34 —10 (The) Russeks Jan 77'A 8 Co commonHonduras Rosario. York York Ncw Apr 64 72 1 Jan May 53A 50 - 68 % 64 64'A —25 Ea>t Consolidated ^Petroleum « common New New Jan 17 2% 2% 6'/8 2% 1. —20 Zinc New Mexico & Arizona Land-,.New Park Mining Co——— Process 4 1,500 4% —-1* Jersey New 6,700 5% Week'a Friday Sale Price Par 4% 114 'A 118 116 ..100 preferred J— convertible % f/e New ' Exchange High Low 1 Nestle. Le New New Yurk Curb 18 »A 18 18 .2.50 Neptune ' STOCKS Range Since Jan. i High 4% 4'/# —30c Radio. Union National . ' ■ STOCKS JX Sale* tor Week Friday " United Aircraft United United Elastic Covp>_.— common- . — _5%. "5%- Corp-warrants—-4.- Products 95 5% V*—. •" 36 37 3a 2,300 4,100 -00 . 73% 5% Mar 3*3 6%. Jan Jan 7-.33V4 Jan V4 . Jan 3934 May « f yolume 173 Number 5013 The Commercial and. Financial Chronicle ... (2117) NEW YORK CURB EXCHANGE RANGE - Sale Price Exchange United ' Products Milk 75c Moiab>.es Co Amer, deposit United NJ Rfi 10% *' Sharing 'preferred Preferred 8% 300 _10U 230 90 237 Feb 230 23 Ohio Feb -25 1st mortgage 3s 3'As Mar 1970 Piedmont % Apr 12 Feb A 6 Jan 5% Jan A6%s Jan -« 42% 5,300 42% May 49% 331 —1 common.- f 248 May . 39%. 150 38% May 14% 4 00 13% 14 % 14 ' "15% Feb tJ S Air Conditioning Foil U S Co U S and class Corp— — 38'2 5 % warrants • 88% :—— 1 8% , $5 1st preferred with U S Radiator common Rubber Reclaiming Co U © Universal Consolidated ——10 2 1% 88 % - 25 Insurance Products Co common^ — 9 Vt • 1,4 8,200- • 4% 88 8 300 2 >4 2 V. 1,400 91 92 Mar 3% Mar -1% 500 .5% 3 3 V2 5 ii'/a 37 - 62 400 • - Jan 3% 3% 3 Vi 4,300 Feb 91 1 1940 1960 coupon Gas mortgage 3s 3%s (Calif) 1 common— preferred eorrvmible -,-■/ 'iYaoatHiloo-Ailo>"« Steel Co -'-. Ycne'zhelun . < "Venezuela Petroleum Syndicate 7% 7% 1,100 52% 9% (A G) 20c • 9'4 .'7,200 •41/» 8,800 .100 •'.4s/«- -4% - , Feb - Jan 37 Apr 7% Apr 10% Jan - 3% Mar 13% Terni Co.—_—i Waco- Aircraft -2% • L- - -2°/.' ■ Inc Weyenberg 12 850 Feb Jan * 2%- Feb -■ *17% ' 2=54 47,300 ..-1%-Mar o% 400 6^4 Jan 6% ~ 113% 113% 176 34 < Jan (Wm) 8% Feb 113%, May May 191 Jan 30 ! Feb 50 26 -34 Mdy 41% 5s 3'As 1970 May 25% - 2nd stamped 1989— 22 V2 22 % 23 -2aU 21% Apr 25% 22 200 16% Jan 23% Electric Penn 1946 3% May 16% 9 V'» 9% 7*/2 7% 12% 12% 12% -=6% 5 6s _ 6% <9*4 Brothers Wilson 5 %> .»• • 16 100 5% 1 common——<_ Jan Apr 19% 8% Jan preferred 25 w x 15 V* 1 f s 1940 Pwr 6% Jan 10% Woodall Mar 14% 7% I960—^ 650 W) (F American 8 21% 15 100 14% 18 Apr 33% 600 22% 18% - 1959 5s receipts — ACauca Jan Jan 43 Danish Valley Cons 7s 105 Jan Jan 14 300 ;> 19,4JO 4% *- w,. . . W v BONDS New York Stock Interest Jan Period Exchange Sale Price Low Bethlehem Quar-Feb rr' : f* Edison ^Central A 5 %s 2%s States 1998 A series Elec debentures 1970 June-Dec • I. " i 1 ' series revenue of Low 37 104 97'/z 113 97% 1 120 45 96% 98% 64 67 1953- 111 . j, 1-..7 96% , : ■ 99 102% 106% 110 116% 102 'i,.2 „ -112% 104 • a -j £102% 105 n 96% of Oct 1927) de to 2V2S ' - • ' ' ' A5%s 103=% 1921 V" ' Higt, 81 81 54% 56%' 71 83% 64 — 83% £68 11 73 £7% 8% 73 26 V* 26 Vt 39 39 5=% 9 . May-Noo ; - June-Dec 2 21% 26% 37% 39 54 3, t £56% May-Hov £48 April-Oct £48 June-Dec £51 June-Dec £77% 2008 57 ' 1997-. „ - 56 51% 77 •• 56 51% - 79 83 f'.' ^_Mar-Sepf a ^ £40% 39 41 26 30l/a 42 • ; 29% Jan-July 29 111 29% (Plan A) 2% to Low . ' 2%s stamped reduced Jan. 1 No., ifl V 1958—_Mar-5ept 1947 of)— Government RanreSlne* Sold High . Jan-July (ser A B C D E) Janeiro Interest to Bonds Friday's or Bid & Asked 83% * 6%s stamped reduced (Republic 1 %s 121 31 Week's Range Last Sale Price =—Feb-Aug stamped "(Plan A) 'Interest Rio llo 116% (Peru) (issue Parana Peru 103% City ARussian 97 111% ; £56% Maranhao stamped (Plan A» Interest reduced to 2'/as 2008 '* 107 Vt 166 7 98 119 Jan-July 97% 104.. 104 J L June-Dec Mortgage Bank-of Chile 6s 1931 Mortgage Bank of Denmark 5s 1972 High 101% 158 % 113 1947—1978 97 % .97% 50 — .—-May-Nov i A Jan. 1 Chicago. Transit Authority— 3%s 103 50 Loan— AMedellin 7s stamped 1951 Mortgage Bank of Bogota— !a 7s 'issue of May 1927) 1947 ' Range Sine# No. High 103'A 1948—Jan-July 5s debs 102% £75 - , 1955- i- May i, Sold Mar-Sept Corp 1954 ' t' £150 1 Aug 1- «... Jan-July of)— ' A7s Bid &, Asked 1102% 6s 65 '• £75 6%s stamped 1952 ' Ijg Jan ; June-Dec Steel A External Apr 5 Bonds Friday's or Appalachian Elec Power 3%s 1970 Boston 5s Week's Range Last 46 £22 April-Oct 22% May lis« May ». , Friday ft 15% „ Apr » 43 49 = Danzig Port & Waterways— r "l 32% $102% 105 Friday Period 1948—: Municipal 5%s External Feb Mar 14 6,700 4%; 4% ~i,y 49 45% £59 —Feb-Aup i (Col)— A 20-year 7s Jan 1947— Bogota (see Mortgage Bank £1 — 34 44 " interest Agricultural Mortgage Bank A 20-year 7s-April 1946 ALima Hargreaves Ltd—. 45%. Low Ltd— deposit preference Wright 37% 14%. 95 44 —June-Dep BONDS Jan 4% 98 —2 Inc 99 Va •84% Foreign Governments and Municipalities Jan Jan 13 100 5,100 __100 pfd_ Petroleum common Woo; worth 8% 4%% Lt Industries Woodley • & 94% 96 : Feb 15% 37% common 95 44% -May-Nov coupon T958 ' Elec Wisconsin 105% 94% £93% April-Oct —— debentures External Winnipeg 100% Newspaper Union— conv - 10% Mar 150 6% / 101 * Jan 900 . 103 101 ,, " .Williams (R C) &t Co Wlllson Products Inc., 98% ltf4% Service.Co— Traction, 5s Jan 16% 105 £100% 102 Jan 21% ;> 101% Jan-July 1969.— with Dec -'-Apr 22 ___—10 104 Jan 1 Wichita River Oil Corp., Wickes (The) Corp__„ 99% - £102% 103 Feb^Aug May-Nob Aprii-Oct stamped 1946 Industries— Feb 22 1 Co <fe 1 101 — New York Stock Exchange Whitman 105 101 April-Oct ' 5 — 100 »/4 £22 v Feb 600 22% 3rd W"estern 2% Jan 300 ** 37 22 l'/O 100% 2 £53 West Feb 9 Apr 111% 20 .... 28 34 22 6% - 50 . 176*/* 28 500 ■ 10^ 64 101% 101% 104 7s ex Dec 1 1947 coupon 1956— v Waldorf-Astoria Hotel—: * A 5s income debentures 1954_i —Mar-Sept ^ June-Dec Washington Water Power 3%s 1904 Jan 110 * =v ..Jan 2Vm - 113 V* 10' — Mfg— Shoe Whirlpool Corp Jan 1% Mar -800 ; 3% •8 Apr 6% " w- :—20 Coal I 10 ... .1%V< -8% 108% 100'% 101% 101 ye £100% 104 A '• 2%- Apr 300 109 6% Texas Utilities $0 preferred • We/aerh Maryland Ry'7% ,1st pfd__100 -Western UaWet At Stationery com • ' WestWCH-elaiMl 800 - • *=■ 103% —June-Dec . <■ We&t -Westmoreland -TV* '14 Vz" 141* Manufacturing —2_—1.25 ,,Wenlw<»rth 2% * - 1% - 141/2 1 ■ 7% 165* 101% Corp— revenue a7s ■' 109 -■ j% , -30 preferred.— —— ^iWaltlaam-Watch'Co v t c w I Warp- Baiting Co" warrants—■—, $2 pupi -■ 148% 1 —— United 2s/. ' — l-— fcWkgue* Baking voting trust ctfs ext—• 1% preferred - i_—_t___—!—;—100 1 -Waitt^-Afc "Bond JLnc_i.-—*. j—-1 5 £100 101% A6%s with Aug 1 1940 coupo"n 1953-, .Feb-Aug A6%s ex Aug 1 1947 couporf 1953-—.:-Triborough Bridge & Tunnel Authority— 15% May W /' ./ * . 150 Hydro-Electric Co— 2%s ■'w ■i- Y'i■yfj. 57 (Hugo) A7-4s -. 5%. Jan Jan 55 101% 101% Jan-July & Bros (Hugo) Stinnes Feb 96% i40 250 - 14-% 9 54 Vz *«%'. r_. 1 •— Jan Jan 82 * _—— Inc_—_2__ kfamffercturhffr 714 7% _5 : 150 Mar-Sepf Jan-July Feb-Aup 1971 Southwestern Gas & Electric 3% Jan A 7-4s $4 57 -105% £22 , Mar-Sept 1970 98% 104% = Mar Stinnes V ' 1981—May-Noo 1973—- 104% 98 102 % 57 ' Starrett-Corp Inc 5s coll trust 1966 • 99 V8 101 .—Jan-July Watbr Power Corp 3s Califorhia Spalding -rivYaJspar Corp 1 £100 April-Oct 1 and ref M 3s series B 1st High 106% 101% —Aprii-Oct A "1952 Southern Counties Gas Apr --38 Feb Oct series Southern May 31% 28% -Jan. 1st Jan 3% Jan 100% 100% Low 102% Hydro-Electric Oo— Safe Harbor 9% May . 16 £98% 101 ex San Joaquin Lt St Pow 6s B 1952 (Southern. California Edison 3s 1965 •' 3 %s series A 1973. Feb Jan. 1 No. £101=% 103% .—Jan-Julp * Range StaeO Sold Hi ah 101 % 103% 103% Jan 44% Apr 6% Apr 25% Jan "l lo Sugar Jan -86% "Mar 10 Universal "Universal Jan 4% 3,700 April-Oct Bonds Bid & Asked —Aprii-Oct 50-year 5% debentures 1998 Queens Borough. Gas. & Electric— Apr 2% Apr 28% j ' * 88 2,90 5=54 . -8=14 - 1,700 40 V2 ' 5"% -88 Vz 2% -50c Oil 37 * "41 1 — United Stores Corp common Utah-Idaho 1% —1 Securities——• B International __ 1971-—-i — % s with 5%s .10c 1968 Oct 1 1947 coupon I960 Public Service Electric & Gas Co— 41%. Mar a- Range Friday's or Sale Price Park Lexington 1st mortgage 3s 1964—.—Jan-July Pennsylvania Water & Power 3%s 1964. _'_June-Dec Apr 3% May 42 % 42% —25 , 6% Jan Power 1st mortgage 3%s 4% — —lo ---* United Specialties 230 25 common ___ Week's Last Period Low 11% May 3% May 100 3% Interest Exchange High • Jan 5% 3% United Sboe Machinery common... "'; 11% New York Stock Ltd— Canals- & Profit United Low • 23 ord registered ord reg new IS Friday rets ■••*Amer dep rets MAY Range Since Jan. 1 High. ,11 „ ENDED BONDS Shares preferred participating United < Low common WEEK tor Week ®f Prices Par FOR 'Sales Last STOCKS— New York Curb Week's Range Friday 2012 6%s £33% Jan-July 1919 35% 34 34% 2% 2% 17 2 2% 2% Jan-July —i—June-Dec — 2»/4 8 2 2% ; 2% . . Delaware Lack & Lackawanna of ?j lit A •No A 4s* series Elec 1993 B 56 May 1 Jan-July __Mar-Sepf . ' 57 - 101 __ -V - • 73 % 56 4 V;- 101 64 7 101 109% £53 May-Nou 1940 coupon 53 . May-Noc £22 Mar-Sept £69 June-Dec 100% lOO-'i 57 — . stamped Mountain Green Guantanamo A 3%s Power Western & series A A 6s —, . — 1963 RR— (coupon on) Ex-coupon All issues series A7s "5 A 7s E (Aug 100 GO 47 47 47 "w 1941 53 i.. ~l A7s with Nov 1 used with 33 61 1940 Altalian Superpower Midland 16 60 "w Extended at 4% to 6s 92% 98 36 63 93 ; 88%. 94 52 58 % 94 34 65 98 24 61% 92% 93 1952 . 98 88% 94 .. - ... v >.■ . „ (35 Stocks) Date- 1952 ' 14——. 47.79 15 1963 Jan-July ; ;; 45% L —April-Oct .79% • 80 103 —May-Nop 43% 62 . 3 ~105 16 17 May 81 ... 48.65 Feb 26 43.37 Jan 47.28 I.. May 47% 73 102 11 103 61 ;"j High Low 2 47.54 _ May 2 47 79%. ' Range for 1951 u 47.88 49 49 £22 Mar-Nov Closing 12 May ,':' . 18—. — Range for 1960 47.40 43.24 Dec 30 47.48 — High Low 34.25 July II ; — .Jan-July 62 , 1 44% 3 ■ :* '< , 70 > ' s • i : ] Beiow are the daily closing averages of representative stocks and bond» the New York Stock Exchange as compiled by Dow, Jones & Co. -Bonds- -Stocks- SEG Index of Slock Prices ' Stock and Bond Averages erages on 0? 1 Compiled by National Quotation Bureau, Inc. May £55 7 — New England Power 3%s 1961 ■Nippon Electric Power Co Ltd—■A 1st mortgage 6%s 1953—i— listed - .. 94 * ;Jan-July coupon 1963 ... • above—"cod," certificates of deposit; "cons," consolidated; "cum," cumnlfc • "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certiflcoUt,* w," with warrants; "x w," without warrants. 87 1952 Valley RR— ' ,/=(> 89 87 1 1940 coupon 1 Nov dividend. Ex-liquidating Over-lhe-Counler Industrial Stock Average 89 ' A7s z ' "conv," convertible; May . Ex-rights, ' in receivership. Isarco Hydro-Electric Co— . y 50 —-Feb-Aug 1957 1952 x Ex-dividend, asked prices; no sales being transacted during current week. 53 44 > 85 87 1955—— coupon) 1957-—.——1 (July 1941 coupon) in-year's range), 104% 83 .—.June-Dec coupon) (not included in year's range), d Ex-lntere«4 in year's range) f Ex-distribution, g Ex-stock dividend. hBx * transaction (not included in year's range), rTransaction for out- being traded flat. 1," when issued; * - L955__ 1941 series P A7s 70 redeemed C A&%£ (Dec 1 rAT9 £52 Jan-July 1958 market 11% series Bonds Abbreviations 70 5 Deferred delivery transaction (not included - International Power Sec— :A6%s included § Reported 1 ■ 71 " a Under-the-rule tFriday's bid and tive; 1961 • 11 — Finland Residential Mtge Bank— 5s (not 112% A 1953 Nov 1 1947 coupon 1953 1 value, par Odd-lot transaction principal. 103% 2 -109% 109% __ 64 7 Mfg Co— .A6yzi with Nov A6 %s ex • e May-Hoy 1993-: Eastern Gas & Fuel 3%s 1965 Elihira Water Lt & RR 5s 1956 Ercole Marelil ■ Division— N J mortgage ■■ RR— 4s series mortgage A 1st ; Western - -The SEC Index of stock prices, based 011 the closing prices of 265 common stocks for the week ended May 12, 1951, for the composite and. by major industry groups compared with the preceding week and with the highs and lows for the year to date, are as follows (1939 average—100) r* . -1951- Percent so . V Mi 1- • fr- ~ % •> Indus- . - Date— 20 trials > . - t Railroads utu- ltles - 10 65 IB , ' Total Indus¬ Stock® trials Second First Grade Grade, Rails Rails 10 i Utilr lties May 12/51 Total ; .40 Bonds •Gomposite ±L. — . 184.2 , 4 Manufacturing May 5/51 187.6 , - 208.0 —— ,187.6 —1.8 '"—1.8 209.7 LOW High Change . - 173.3 " > 209.7 - 190.8 ' May 12— May ._ .- May 15—. May 16— ._ 17—. ._ = 252.14 254.57 - 42.28 93.59 99.33 102.01 96.66 99.85 99.46 82.66 42.42 93.41 99.11 101.94 96.76 99.10 99.40 80.72 •' 252.08 May Mayt 181— 82.66 257.26 256.08 42.35 91.93 99.07 101.66 96.56 99.07 81.08 42.27 ; 92.04 99.09 101.70 96.38 81.77 42.56 ■92.85 99.11 101.74 9G.39 99.08 101,71 96.38 - Durable Goods.—— 99.24 Transportation 99.79 96.24 Utility, 99.86 99.23 Trade.. Finance-and 99.84 99.25 r " — 177.1 Goods -Non-durable ———£- ■ • Service —3.1 234.8 —0.8 205.8 200.7 110.4 —— 182.8 " 233.0 79.48 42.36 91.10 Mining ' , 17L1 209:0 194.8 216.6 114.8 112.4 —1.8 —0.9 192.1 —0.1 162.1 109.5 214.4 . ' 4 250.10 | 210.9 , 203.0 191.9 182.9 234.8 —2.5 203.0 . ■1 1.70.0 33 B4 The Commercial and Financial Chronicle (2118) Daily, Weekly and Yearly - — Exchange Daily, Weekly and Yearly •• - United States Foreign Bank' Government Bond Bonds Bonds Bonds Bonds Sales * 648,640 Saturday———— — Int'l Railroad Shares Week Ended May IS, 1951 2,277,000 Saturday 2,897,000 Monday.. 2,088,000 169,000 2,588,000 307,000 1,663,400 2,462,000 150,000 2,612,000 1,368,780 2,385,400 372,000 2,757,400 1,660,430 2,706,090 3)1,000 3,017,000 1.253,090 > — $2,000 Foreign Government Bonds Bonds ' 209,630 ! .. — _ _ Foreign Domestic of Shares) IS, 1951 $728,000 $85,000 $643,000 {Nujnber Week Ended May 2.023,520 Monday Tuesday .—1 Wednesday Stocks Total and Miscel. Stocks Monday, May 21, 1951 .. Transactions at the New York Curb Transactions at the New York Stock Exchange Number of . $41,000 Corporate Total Bonds Bonds $2,000 ; $43,000 330,030 103,000 10.000 $7,000 8:617,8G0 Total 22,000 2,000 71,000 115,000 35,000 2,000 152,000 342,315 72,000 57,000 1,000 130,000 Friday 337,630 79,000 14,000 11,000 104,000 $457,000 $140,000 $23,000 $620,000 Tuesday ^ ^ Wednesday $14,288,400 $2,000 $1,414,000 $12,872,400 441,660 342,670 Thursday Thursday Friday - Total ■ • Stocks—No. of shares—....—-- 206,750,343 9,422,480 8,617,860 —-- • / 1950 1951 1950 1951 . 2,005,035 Jan. 1 to May 18 Week Ended May IS v • 120,000 47,000 194,494,542 Week Ended May 18 ... 1951 Stocks—No. of shares • - », 1950 2,005,035 > -.Jan:l to May 18 1951 2,130,436 1950 47,506,213 45,082,936" - Bonds $17,000 142,000 45,187,710 1,414.000 Foreign 12,872,400 19,144,000 361,707,000 382,967,300 $14,288,400 $20,972,700 $401,373,500 $457,000 $425,000 $9,175,000 $13,158,000 140,000 129,000 4,272,000 7,244,000 Foreign government Foreign corporate $427,506,210 Railroad & Industrial Total Domestic i 223,000 1,811,700 37,563,500 $2,000 Bank International $128,200 $1,961,000 Government S. U. Bonds 23,000 85,000 848,000 1,070,000 $620,000 $639,000 $14,295,000 $21,472,000 — Total OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MAY 18 , Week's Sales Last Range for Week Sale Price of Prices Friday Boston Stock Exchange STOCKS Par Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Par American Copper pfd Bigelow-Sanford Carpet 6% & Albany RR — Edison 100 RailwayStamped $40 paid Stamped $50 paid Low 149"% 2,972 High Feb 158% Jan 100 i; 36% Apr 46% Jan 553 38 % Mar 44% Feb 118% Jan 135 117% Jan 130 Feb x40% Jan 15 122 122% 43 % 44% 44% May Boston Elevated 100 100 New New issued when common 5% Boston pref w i Personal Prop Boston & Trust Providence RR Service Mining Co Common Ry— 1st preferred series A Lines SS Eastern 165 8% Jan 611 83% Jan 109% May Feb 1% May 6% Jan 97 18% 15% May 4674 82 Jan 55% Jan Jan 25 23% Mar 26 % May 10 78% 90 1 150 ' Jan May 10% Jan Jan 14% Mar 67 Feb 20% 20 * 34% 34% Copper RR Central * -1 * 1 ** 46 67.10 53% 29% — — 100 98 * preferred Mathieson Chemical Corp — 58 Jan 62% Apr 37% Jan 49 Jan 730 18% Jan 21 % Jan 33% Apr 37% Jan 120 75% Apr 83% Feb 87 78% 66.88 67.10 53 % 53% 28% 29% >72% 75% 817% 82% 15 % 15% 97 % 99 39% 41% 77% — * 100 common 59 58 __ 58 100 110 35 60 — Jan 173 * Cement Corp Lone Star 11% 576 13% Assoc Electric Kennecott 12"% — Inc Safety Razor Co new Gillette 5% — ... 100 General Capital Corp General ' — 100 100 Stores National Maine 1,600 60 60 46 20% Group Employers First — Bethlehem 7% 7% 251 12 3zy8 32% 25 Corp Service •: 73 102% 10 City * Products Columbia Gas * i Curtiss-Wright Day Power & Light General Motors 52% 50 50% 32-/8 188 32 ',8 May 38% Feb 76% 300 68% Jan 82% Apr 307 83% Jan 29% Jan 12% Jan I 30 59% Jan. 13 13% 588 10% 62 32% 73 29% 49% 49% 111 53 % 53% 51% 30 49% 211 55% 49% •49% ■ Jan Jan 33 % May - Jan 54% Feb 56% Mar 54% May 50% 31% 8 Rights 54% 88 42% Jan 54% May 20 26% Jan. 30 19% 15 19% Mar 31% — 28% 19% * 31% 16 to 0 % 931 • 5% 5% 50 « 52'A 52% 35 18% 19% 50 16% 36% 37 38 —— .III* 18% Jan 38 virr- - Jan ' May 33 32 May 4% Jan 46% Mar ; May 26% Jan ;• Packard Motor Car Corp Mar ,11 % Jan Pure Radio 14 r 28% •' y. . i. * Oil May Jan 46 812 „ Jan 32% Mar 10% May 50% Ohio Edison 10 May 10% * Jan 12 30 5 Ycrk Central 15% 50 32% « Jan 8% Mar Jan 13% new National Distillers High 51 Apr 7% 10% • 7 National Cash Register New 30 '7 1 Federated Dept Stores General Electric 73 42 98% 106% - _ „ 12 52% ' ' * Steel Chesapeake & Ohio Cities 135 -13 _ _ 43% 6% Mar 54% 1 Jan Feb 20% Mar Street preferred B preferred adjustment 5% 15% 49 '/a 26% 88 9% 10% 98% 106% 1% 1% 15% 49% 10 new Mass Eastern 6% 16% y 6% Gas & Fuel Associates— Eastern 6% Apr 6% Jan 15% 49% 26% 88 — 100 100 * 100 5 10 25 Calumet & Hecla Cliff 16% Jan 20 Maine RR—* Boston & Cities 16% 16% 6% — Baldwin-Lima-Hamilton LOW 42% 7% ; Range Since Jan. 1 High 42% 3 Mfg Chrysler Low 10 , May 49 2,409 127% 135 122 44% Avco Range Since Jan. 1 High 153% 155% 38% 39% 41% 43% 38% —100 25 Boston Boston 154% *. 50 Woolen Anaconda low .—100 American Tel & Tel Armco Steel Shares 65.63 15 68.34 May Jan 1,752 49% Jan 56% Mar 277 243/8 Jan 30% Feb 79% Jan 86% Apr Mar 22 Jan 55 97% May 110 Feb 198 29% .Jan 70'A Mar 404 75% 63 15 IOO Jan > 43% May Narragansett Racing Assn 1 10% 10% 10% 375 Jan 10% Nash-Kelvinator 5 1 19% 19% 11c 20% 11c 316 17% Jan 22% 10c Feb 25c 2,782 11% Jan 93% Jan 53% Oil Standard Oil (Ohio) Timken Union U S. Roller 11% 165 74 23% Jan 68% 63 59% Apr 40 11% May 50 37% 38% 103 33% Mar 30% 112 29% 48% T~2~50 Elec ■ 48% 59% 58% 59% 45 54% Jan. 42% 43% 235 41% Apr> 37% 1 * 37% 37% 185 34% Jan 50 43% • *•; at Feb 68% May 4P/8 Feb 38% May 34% Mar Jan 42% * 26% 3 Jan 37 30% (nevto Westinghouse 37% v __ Bearing i Carbide Steel __ Feb 23% 40 10 _ _ .. 57% 31% May 12% Feb Apr 68'A — (Ky) Standard Oil Feb Jan Jan 11% • (Ind) Studebaker 41% 51% 25% 23% 11% 5 Brands Standard 34% 75 31 Co Standard 40 130 55% 30% 49 % Jan Feb 60% May * ■ 47% Feb 40% Apr .12% Mar 1,480 53% 30% Jan 11% 12% 114 117% Southern * 15 Feb 100 Schenley Industries Sears, Roebuck Socony Vacuum '117% May Cos Service National England Electric System New England Tel & Tel N Y New Haven & Hartford New North Butte Mining Mining Quincy Stone Drill United Fruit Co United U Shoe Machinery Rubber S Waldorf common Co Electric 25% Jan 1% 38% Apr 48% Feb 21% 1,035 19% Apr 26% 11 7% 550 8% Jan 11 17 24% 270 35% 38% 67% 70 42% 42"% 64% 66% 12% 38% 1,120 10% — 6% 16% 16% : ^ 68% 42% „v — 37% WATLING, LERCHEN & CO. Jan 399 19% „ 12.50 Corp 97c 1,600 38 19% * Inc System Westinghouse 5 1• 25 10 17 % May 15 17% 1.00 39 Apr 34% — •— Co Twist 7% 23% — * Webster Inc & Torrington Union ._ 17% 98c 38% .. 25 50 —* Co Co Association Drug Shawmut 100 2.50 50 Pennsylvania RR Rexall 12% 115% * Mills Pacific 20 100,. — ^11% ->37% May 6% May 60 Members Jan 8% Feb 15% Jan 17% Feb 400 19% Jan 25% 450 34% May 225 33 Jan 41 1,849 59% Jan 73% 42% May 51% Jan 49% Jan 549 160 11% Jan 67% May 13% Feb 34% Jan 40% Apr Ford 38 % Mar Midwest Stock Stock Exchange Detroit Building Mar Friday WOodward 2-5525 Apr stocks Exchange Last Range for Week of Prices Shares American Laundry Balcrank 26% 8 ___ Baldwin Beau 8 21 ^ Brummell 40 Champion Paper Cincinnati Gas * . & Electric 100 Cincinnati Street Cincinnati Tel Railway 25 56% v common_8% Preferred 18% 35% ' r~ ' 35% 100 5% 18% 57% 35% 100" Jan 3% Jan 27% Mar 8 May 50 16% Jan 23 Apr 5"% Apr 6 Feb 1,147 16% Jan < 75 45% , 19% — Jan . 553 '■ 32 100 5 Jan May Crosley Motors 3% 3% 400 — 3% 2,939 17% 4 17% 8% 8% 400 5% 471 75% 633 69% Jan 77 13% 25 13'A Jan 3'A 10 3% May 14% May 5% Feb 8% 8% 25 < 8% 20% common Eagle \ Picher -10 21% 45 50% 125 Gibson Hobart 7 'A Jan May Consumers Continental Detroit 24% Jan G Apr Randall * "B" U S Printing Preferred Unlisted Navigation 48% 10 47% Mar 51 Jan 25% 100 24% Mar 26% Feb Frankenmuth 22 45% Mar 47 Apr 4% Jan 16% 8% Jan 19 % Mar Jan 9% Jan 32 Jan 35% Apr 18% Jan 14 Jan 18% Apr 243 1,360 18 Jan 73 26 32% 68% Jan 81% Apr 22% Jan 26 % May 31 Jan 690 9 100 27 100 6% — 6% 250 8% 26 6% 34% Mar Apr 11% Jan 27 Apr 7% Jan May Feb 735 7% Jan 22% 6,188 21% Apr 23% Feb 31 3% 31% 3% 305 740 30 Apr 36% Jan 3 Jan 3% 30'/a 2% 30% 1 160 24% Jan 30% May 2% 1,100 2% Jan 2% May 7% 22 8% 22 8% 5 Wood < ' Industries 1 335 Apr 38% Jan Gemmer 20% 95 19% Mar 23% Jan General Motors • 71% 73% 605 70 % Mar 79% Jan Great Lakes Oil & Chemical Hoover & 13% 14 551 50'A 51 35 79 51 51 ' 11% Jan 37ft Jan,. 200 49 Jan 14% .,51 v„ 51 Jan May Hoskins ■j- Manufacturing Ball 5 10 1 Bearing ^.—10 Manufacturing 2'A . 7% 1,115 6% Jan 1,699 8% 50 16% 152% 41% 16% 33 152% 155% 556 41% 42% 80 13% - • Jan 149% Jan 38% Mar 16% Apr 158% Mar 44% * __ 9% Mar Feb Kinsel Drug Kysor Heater Co 30 32 15% Jan 32 49% 51% 10,440 46% Jan 54 2% 2% 3,650 2% Jan — 18% 18% 175 17% Apr 20% Mar — 15% 15% 15 Jan 16% Feb *5% 5% 100 5% May 8% Jan 4 200 3% May 5 Jan- 2% ... 1,755 *** *•$> 1—— LaSalle Wines 1«- 8% May 31% * 1' Apr< 50 3% 3% 3% May May Feb * Mar Kingston Products .1 100 — 1 Kaiser-Frazer page 43. 3% Jan 16% 9 5 36% __50 see \* Jan 3% 100 1,890 27 — Brewing 20% Stocks- For footnotes 32% 1 1 35% • American Airlines American Telephone & Telegraph Anaconda Mining 120 High 3 Jan ■ 5 common 73 24% 20 - » common 73 24% 1 Cleveland Edison 46 v 48% new 16% 17% 2% — Detroit 60 & 25% 20% May 39% Feb Gar & 1,000 34 16% 17% * Davidson Bros 46 « P 34 1 Drug Stores .50 junkenheiraer ■ —25 10 common Motors Cunningham Mar 9 . • Paper Power -10 Art preferred 1 * of Steel Corp Economy Baler Federal Mogul ' Formica Ins Kahn Apr Market Bear Detroit £>ow 2 Products Metal Michigan Briggs Manufacturing Budd Company Burroughs Adding Machine Big Chrysler Corp 3% 6 t. 1 Consolidated 5 May LOW 1 Brewing American Range Since Jan. 1 High Electric 35% May 13% 5 Low Altes 63% May 106% Mar 74 , 74 * Shares Feb 50 50 Cin Union Stock Yard for Week Allen High 100 6 ■ 18% 23% 30 22% 6 „ Low 8 Sales Range of Prices Par Range Since Jan. 1 High 26% Week's Last Sale Price Sale Price Low Exchange Friday STOCKS Sales Week's Exchange DETROIT Telephone: Detroit Stock Cincinnati Stock Exchange Feb 1,321 New York Curb New York Stock Exchange May 1 — - i 1% 1% 1% 100 1% 1 — 5% 5% 5% 323 5% May 5% May 2 3% 3% 3% 150 3%' Jan 3% Jan 2 Feb Feb m Number 5013 Volume 173 . . The Commercial and Financial Chronicle . (2119) OTHER STOCK EXCHANGES RANGE y*■;*,/vv' ' V .•» Masco 8TOCK3 • ■'/'»; • Murray ^ Corporation Stamping Packard Motor Peninsular 28 Va , ... High'3%' 3% 28 »/2 Shares £ Products. 100 233/2 203/2 3% 3% 1,260 34 34 *• 4 21% 500 4 4'/» 23% Jan 333% Mar 2,000 312 Jan 18% Los >34»/4 May 43/4 Apr 22 «/4 Mar ■ new & common Llbby Petroleum Lockheed Loew's b% Mar Jan 3 - . Jan ■ • Co McNeil Lincoln Feb 4'/4 Jan 4% Libby 29'/4 Mar ' Jan 33/4 v 100 21% 21% •, for Week Shares (Un) Magna vox Raisin Paper Rudy -Manufacturing 5 '9% 700 2'/2 9'/4 1 ____ : r 850 2 3/s ■ 698 q 340 83A 973/20 II 1.05 Standard \ __10 Company Co 1.10 1,500 383/2 38'/2 ,551 15% .157/8 490 15% Apr 421% [Feb 183/4 Feb 26 28 y4 1,777 25% Apr 30% May 15 13% Jan .20 26% (Un; McKesson & Robbins Inc 2% May Menasco 12% 685 11% Jan 125/a 16'/4 250 12% Jan 17% Mar common_;„„:—1 Tube "B" 4% -43/2 100 4'% Jan 5 22% 22% 227 19 y2 Jan ; Udylite Corporation 1 : States Radiator common United & common Screw Wayne Co 14% «~8 %: Products 14% 16 ~i% 1 260 -9% 900 16 250 8% » 1 ... 1% 1% . 1.70 9% Mar Jan 12 13 » Jan 93/4 Pictures Power Moatgemery Motorola Jan Ward Last Admiral Alaska Juneau Allien Gold Mining Chemical Allis-Chalmers American Power Radiator (Un) Light St (Un) (Un) Co 2% 100 American Smelting & Refining American Tel American Viscose 15% 100 223/4 May 293/8 2y2 .May Jan Ohio 33/4 Feb 59 y2 433/4 Jan 47 Feb 16 70% May Ameircan Ohio 837 13% Jan 16% 50 20% Feb 213/s Feb Pacific 293 12% Jan 15 y* Mar Pacific 50 Mar 77% Apr Atchison 153 7/a 155 '/2 1,529 150% Jan 157% Mar 4.80% a60% a60y8 26 603A Jan 63% Feb Jan 46a/4 Apr 443/4 May Apr Refining Co Securities Baltimore 38 yg 406 38% 42 % -A3 '/4 3,273 42 ys io ioy4 476 RR (Un) Co Bendix Co Aviation Benguet Corp Consol Bethlehem Bishop Steel Oil Corp Chica Oil Warner Broadway Budd California redeemable 71 Jan Apr 43/8 Jan 5% Apr 24 y3 Jan 3% Apr 4% Feb Jan 23% Feb 8% 600 IV* Feb 330 50% Apr 59 y2 Feb 13/8 500 1% Jan 1% Jan 9 Mar 53% 893 50 Vb Jan 59 y2 loo 11% Jan 15 Va Feb 8% ,8% 4,345 7% Jan 9% Feb ; -5% 1,150 " . 67% 65 42 Jan 47/s 189 53% Feb 7V4 Feb Apr 65 69 Feb 11'/a May 9% Mar Feb 9'/a 2,580 163/4 210 16 Jan 183/2 a23 a23.% 121 243/4 Jan 31 Mar 58 Jan 64 Apr 29yB Feb 9% < al6% :;••• a Case I) (J 65 ,24% 25% 705 61% 64 245 593/2 iJan a467/s a48% .25 — 280 48'/2-May .25 (Un). Co Caterpillar (Un) (Un). Co Tractor Products 22Jan ' . 64 Multiplier Clary Fuel Commercial Solvents r 475 15 Jan 310 32 May . Paramount ' Oil Motor Car Co Power Philco Corp .Pullman Pure Continental Oil Inc (Un) Creameries of America 84 Jan 103 Crown Zellerbach Curtis Publishing 6 452 4'% Jan a227/s a22% 275 19 % Jan al3% 268 13 Feb 6 — a22*/8 13% a - . 135/8 a 75 28% 250 28% / ... &30% 403 a30% a31% Radio of Corp *RKO Pictures RKO New 6'% Apr Reserve Oil New Gas & Rexail Drug Bond Electric Exeter Oil Farmers Share & Ltd Co Ranch Richfield Ryan Oil Oil Co 28% May 28 29'/a Jan 30% Jan Co Garrett Corporation General Electric Oil General Foods Corp Class * ■ General Motors General Public McBean (B Delaware 313/4 Feb Feb a32% a325/s 35 32'/4 Jan 33 3/8 Apr 4.32% 50 8% Apr liy2 Jan 4.48% a9 •/ 130 97% Feb 102'% Apr 493/2 Jan 54 8'/2 Jan a8% a8 Va 50 N Southern 6% Calif Inc Edison California Apr Hudson Brands a48% a485/s __ Imperial n, 1 Development Interlake Inter Petroleum Iron Nickel Corp Co - . 26 U a—, a__ —■„ . Jade Oil Kaiser Kaiser-Frazer Kansas Copper Kem 'Gounty Corp Per footnotes see a__ 23% 223/2 10 3% Jan* ___ 7 Mar 13 Vb 10% Mar Apr 677/a 21% Jan 25 688 19'% Apr 26'/8 Jan 10 3% 20 95/8 Jan 12% Jan 67% a 760 21 20 a a__ . 43/4 r: 505 613% Mar -Feb 68 3/4 ;Jan a22'/o a22% a223/4 .75 23 Apr 24% a45% a45'/« a4(>% 245 433/4 Apr 52 3/8 r.9% 260 463/4 Mar 473/4 May 54% Feb 18 3/4 Feb 18% 19 Va, 1.204 3% 3% 2,115 3y4 Apr 3 3% 3s/n 550 3 Vb May 53/4 Feb 3% 3% 5d0 3% Apr 43/2 Jan 41% 403/8 Apr 48'/a Feb 16% Jan 42% 604 26 28'A 1,085 203/s 14% 590 13 % May a6% a6%. a73/0 100 85c 95c 54% 54 3/s 55% 9% 9% • Mar 4'/4 . Jan 12 3% 21 ■ Feb 37% 16 Feb May 7 Jan 2,250 55c Jan l.lQIApr 1,575 50% Apr 58% May 125 8 3/4 Apr 10'% 35% Jan 8 */2 f Feb Jan ' > rV a35 a34% a353/4 14% 310 11% Jan 14% May a37% a35% a37.% 365 34 Apr 403% Jan 183/4 18% 1,802 17% Jan 19'/2 Feb a81% a817/8 25 14 18% 155 38% Mar 31% 1,395 253/4 Jan 33 1,270 32% Apr 35'/4 Mar 20 20 25 253/4 25% 221 .243/4 Apr 283/2 28 28% 384 28 Apr 293/4 27% 27% 3ul) 27% May 28 3/4 Jan 25 31 32 530 31 May 33V2 Jan i-31% 31% 750 31 Apr 34% •30 3,649 15 11% pfd 20 y« 760 55% 1,057 .a44 105 51% 4,046 - 18 443/2 Mar 46% 354 17 Jan Jan 19 Mar 34% 35'/s Mar 21 >/4 Feb Feb & Company Incorporated common Tidewater Assoc Oil Co ,(Un) Transamerica Corporation (Un) 28 »4 Jan 363/2 Mar Truax-Traer 44 Jan 53 Twentieth Century-Fox Film 663/4 Jan ,2% Jan 3% & 3 3/8 a51% a517/a -11% 11 Va 340 . 48% ■50. 837 43/4 May Feb 11 - 56% Feb 12% Apr Mar Jan 215 .215 66 Jan 239' Feb 145/8 300 14% Jan 17 "Union Union Union 16 Jan 20 Feb 18 Va Jan 28 Mar 17% 17% 185 100 23 Va 350 95 1,000 2.20 450 17% 18 62 '/2 Mar 4,000 9% 2.05 ' 2Vic 9% «■;• . 2c a33% a34% r -a5iy8 a5l7/« 15% 15 y8 68'/4 Mar Jan 5c Mar Apr 11% Jan 2.75 Feb • 2.00 Art- 355 17 Apr 105 34% Apr 1 52% Apr . 13% Jan ' 15% Coal Co _____ 22c 72, 687 20% . Jan .53%.Mar 18% Mar 5,000 920 6 865 5 a/4 May 333/« May 8 »/4 Jan al6y» al6yg 25 16% Feb 16%/jJan -32 a 16% ■a73 (Un) 7c 25c 33% 6 - ' • 34 34 343/4 610 30% Jan 36 Vb 33% 33 5/s 330 Feb 29% 975 33% May 24 Vb Jan 37% 29 29% Apr • 50c 10 2 1 5 • a95'/4 a95% a97s/8 135 a96% a96% a 19 % a35% 33 19% a 20'/4 210 a a35% a36% 40 84 Jan 913/s Mar 18% 100'/a May 953/4 Mar Jan 323% Mar 23 Va Mar 37% Jan 18 al6% a ,18% 1,718 ,16% Jan 20% Jan 123/8 18 123/B 510 103/4 Apr 13 Apr (Un) & Carbon Feb 16% al6% 50 a__ a Corp 19% 20 315 19'/2 May 24% 58% 19% 583/4 584 533/4 Apr 591/2 May 38% 1,258 34 Apr 37% 1003/4 Apr 403/4 Apr 1033/4 May al03%al05% 75 31'/4 490 a28 a28 a29'/2 320 a4'/2 80 4 Jan 43% Jan a20'/4 a20'/4 a20 '/2 102 20 Jan 22% Feb al8% al8 al95/a 120 18 May 21% Feb 52'/a __ 303/4 30% 303% May 23 V» Jan 40 Vb United Apr 30% Apr Corporation (Del) 1 (.Un) 10 United Paramount Theatres (Un) 1 United States Rubber Co (Un) ~10 United States Steel Corp__ • Universal Consolidated Oil Co——,10 . a73 a75y« 633^ " 65 165 899 32 75 •58% Jmo May 29c Apr 773/4 Jan 67 vO**"-- a43/4 United United Gas Corp Universal Pictures Co Inc (Un) 64 42% 65% 288 42% 43% 3,580 41 Jan Mar 65% May 47'% Jan 90 91 340 63 Jan 91 9% 1 9% 200 9 % May 12 133/2 ,13% 230 May ^ Feb 14'/2 Jan Feb 39 3/4 22 * • . Feb 33% (Un)_» Oil Co of Calif common .25 Pacific Railroad Co (Un) 60 Aircraft Corp (Un) 5 Air Lines Inc (Un) 10 Carbide Kamp's Hoi-Dutch Bakeries..' -Warner Bros Pictures Inc (Un) 0 Van West de Kentucky Coal Co Western z__.1 24% Feb 23% - . 50 783/4 May 2%c — (Un) Textron Corp Mar 193/4 25 Sulphur Co . 1 25 • (Un) (Un) Company Gulf 66 3/s a68 '/4 25 (Un) Electric Prod 47% 46 a 1 common 315 v • il)n» Corporation a66% ' 320 17% • Feb Jan ' * (Un)* Inc 240 . ab3% a65% .7.50. 25% 46 * 53 r (Un).' Jan Jan Calif.. 34% , 2.05 23% 29 y2 Texas May 121 17% Texas 54 Feb a23% a23% Jan 685 Jan Jan 60'/a 12% 4,211 Swift 463/8 Feb Jan 20% 56% Mar . 73% 513/a 303/B Sylvania 23Va 63a/4 Mar 407 193/4 23 Jan 856 53 30'/a of Webster & 10'/4 May "19% May 493/4 Jan 11 Va May 68% May 11 Mar 1,281 65 53 11% i*- Jan 120 325 May 193/a 120 . 30 380 10 Feb Jan' 24% 319 Jan .27 243/B Studebaker Jan • —* Sunray Oil Corporation 43/2% preferred B 93/a Feb 11! + May »/4 May Feb 22 r -28% Feb 68 Apr 315 3i Feb 121 90c . .: 31% May Jan 22 3/4 > 9% 31 Feb Jan 40% May •. Apr Jan Mar 14% ■ 10 78 30c ; 92 Jan 5 "• Jan 62% 50c 11% __ Jan 34 y2 44 19% 53 ' 16c 1,751 —25 a76% a815/8 : 7,650 393/4 773/4 -26c 390 500- 18 —100 100 ^26c 38 3/8 773/4 Jan 3,934 .164 238 49% • Mar 773/4 25c 38% : Feb 56%- Feb 82>/4 114%. 60c / • 66 573/4 : i 14 '/2 20 3/8 . __ Jan Feb Mar 20 Stone a43% :3% 52% 56% 83 25 Jan v ; .2,007 (Un; 48'% 53% a80% 18 78 (Un) Apr .* s 249 53% 76>/4 (Ind) 43% / 50% • 53'/8 a55 3/2 a55 V2 (N J) 353 19% 53% 763/2 79 3% Mar Co a22% a22% . 53% a55 '/a 79% Mar Co 45% 24% May United 5 15 Oil 963/4 May 1 page 43. 18% al8% Feb Oil 19 Jan -/' (Un»__8.75 Land Co a May Standard Oil Co Jan 83% 20% a43% _• i—,i May 53% Mar Standard 14% 19% - • 10c Light Co 139 Jan Standard 20% Mar 10. 10 Chemical 139 975 • 606 / Corp Power Kennecott & Mar 10 139 50 1,025 (Un) 830 v Company : Aluminum 1103/4 12 Inc 476 318 Ltd____25c T , 93/4 Jan 5 V, 65 457/a __ —3 International Taper Co (Unh Int'l Tel & Tel Corp (Un.i Jan 103 3/2 53 96 1 (Un)—* Ltd 7% 15 5'/a • 16% .. ;_4* (Un)_; 380 113/2 • 23% "• ..5 6.66%. of Canada 18% (Un) 16 __ .' Corp 786 8 3/g 139 Co 22% 16 • Independent Exploration Co_i____33%o Intercoast 503/4 8% 61%-Mar 32% Company 60c • Co common.* Co 6% Gas 95 % 22% Eank__100 t— 50% 108% 108% 0 Standard (Un)_4 Mar- 5 3/8 2 Railway .* Inc—•: 55 30% Co —25 Illinois Central RR .Co Feb 1,428 11'/2 Calif Petroleum Corp Pacific Motor,Car Co—^_.___^.12.50 Foods Hunt 28% 60% 503/4 , Southern Southern ... Jan Apr 1 Mar" 9% Southern (Uni— Corp 28% 26 com—25 (Un) Ltd Co class A preferred— Jan Hancock Oil Co of California class A_* Hotels 26% Mar 57 (Un)—;• cumulative preferred a9 ' Hilton 158 106 5 1.40 preferred preferred ' Bocony-Vacuum Oil Co Southern - Jan ' 27% Jan 21 Ve 12 '"'••• 32'% >Feb Apr a26% 8% 1 33»/2 82 Co__ i 19% May 34% Mar 29 % • 108 Corp 31% Mar 123 57 5 Jan 1 (Un) Great Northern Ry preferred Greyhound Corp (Un) Graham-Paige 980 1)683 29% 27% -• Jan a»4*/4 ai/4% (Un)— & Co Jan 193/4 32% a26 '/a a26% ^15 Apr ao4 % • F) 16% 19% 1 17% 12% May 2 Goodyear Tire & Rubber Apr 29% 5 Tri-Continental Gladding 443/2 3/4 May 48% Jan 32% 32% 108 3/4 Co 213/4 _ Jan 5 Corp common Utilities (Un)— :___5 Goodrich 150 • . Corp 10'A Mar : Feb a51% a53% ' B Oil Sinclair 93% Mar (Un) Jan 32% ■h May 1 Company 152 — 2.10 31 */8 May 4,414 2.0O Sears Roebuck & Company 375 (Un). Co 1.60 May 1,747 0 of 10% A 5,440 1 220 10% 10 Light Co & Feb May A 13% (Un)_____. Regis Paper Co 97% class Ltd Stores Power 19 3/s 3P/4 1 695 .5 Natl Merchants & Fitzsimmons Florida 16% May ftf I IS 10 % (Un) 40 Jan 31% Company Shell 115 10c Co Jan 13% 313/4 Corporation Aeronautical 97% class A 323/4 50c iiu' inc (Un)___l * 17% May 350 1,290 1.70 Companv Signal Oil & Gas Co class A al2% al23/8 A Co 103 163/4 ,1.60 (when issued) common . Kodak Eastman 183/4 38% a 1 Feb al2% Co... Si Nemours al8 14% • Republic Pictures Corp (Un; Republic Steel Corporation (Un) * class Labratories de duPont Feb 1.70 (Un) Apr 24'% Mar aini% aJ05% Inc—_____—50c Industries Dresser DuMont 19 15% Mar 1 (Un) (Un) Corp 173/a '• issued)___^_.j_ (when common Jan -Apr • 26 VA * Inc Co Jan 33c 37% 37% • America Corp Theatres Southern Aircraft 183 .Jan 3 13% 5 Curtiss-Wright Corp common Douglas 15% 1 (Un) 17% __ 5 (Un) 153/2 20 26 ' 1 (The) 8c 60 26 V8 26 Vb > 1 (Un) Corp Co 19 y8 7,600 May a32s/8 Inc 1,167 .23c 33V30 (Un) Oil 544 1 (Un) (Del) Co 263/a 9 3/4 2Cc a (Un) (Un) Company Seaboard 103 (Un)—• (Un) Corp Apr a 1* (Un) Airways Incorporated Oil Finance 103 a26 a267/3 (Un) 10 3A 100 Industries Apr (Un)., Motors Continental Corp Jan 1 4.88% Consumers Aircraft 10% 193/2 ,19% (new; Pictures Schenley 82 Corp—____1 Engineering Vultee 50 a93/4 100 Co World St Jan (Un) N Y Consolidated Edison Co of Consol May • common common Signal Petroleum Co of Calif Consolidated Feb 30 Vb 25 ; Feb 71 (Un)__—25 Co 115/> Jan 25 Ltd.. Feb 173% 38 1,353 (Un)—;—-♦ Corp Edison Commonwealth Jan Safeway Stores Inc 74 Corp common..* System Inc Jan lO'/a 27 10 Tel Co & Jan 73% 1 Corp Iron & Gas Jan 90 10 1 .May 51'% 10 (Un) 22% 65 20 common Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) Jan 25 Cities Service Co Columbia 16 22 16 32 .25 (Un). Co Chrysler Corp Colorado 16 __1 Corp Jan al0y2 alO% • preferred Seaboard Certain-teed Chesapeake -Si Ohio Ry 19 8 (Un) Lighting Corp Tel American Rice -a64% a65% a64% • Co Ry 285 Jan 12% ' Pacific Canadian 19% a29% a293/4 (Un)_100 Indemnity Co Packard Feb 19 ys 17% 5V4 a23'/t 4% 19% 19% 10 preferred Pacific Western - 175 9% v. Jan • Preferred 8% Mar 435 V al6J/8 Co Corp 75 1st Pacific Feb 12 Vb 65 10 2.35 25 176% 20% 5% * Packing 73/4 178 va46 3/4 a46% 5 Inc Store (Un) Jackson Byron (Un) Corp Department Co 513/s Mar 500 1 (Un) (Un) Elec & Pacific Petroleums 53% 1 73% May Jan .3% 1 preferred Pacific 66% Mar 2,000 Gas Jan "20 12 Va Corporation Jan 42 3% 1 (Un) Company Jan Pan ,«>'/8 13/s 5 65 123 70% Mar .1 12 V2 a49% a51% C'/t 353 70% a44% a45% ;• Corp (Un) Co Mar 159 336 20% 1% 2 : ,7% a47/8 ;; a49% 44% Feb 2% May • (Un) Inc 51 8% __2 (Un) 153 •>"8 —* Corporation Eoeing Airplane Co Borg (Un) 73% a a4% 20 50c Company Biue "Diamond Boisa (Un) 24 1 Corp Finance Corp of Calif Pacific ' 3"/<j 20c 5 ,v (Un) Co Mng a 5 Railway Co May 10 35 20% __75c ...10 , al.55 7% "■ 1 Calif of a71% (Un)—.100 Bros Corporation.. Basin Oil a71% 25 Bandinl Petroleum Co Barker al55 (Un)-100 (Un)______3 Corp Ohio & 150 4.2% (Un). Manufacturing Corp Baldwin 39% 42 % (Un) Jan Jan 39% (Un)_50 __10 Co (Un) (111) Topeka & Santa Fe Atlantic Avco Co 213/2 70»/4 Limited Company 53%% 71 5 Mining i Corp & 11 1.15 Feb Apr al8 14% • (Un) 23/8 ' Oil a75% a75% __25 Oil Edison al8 154% 100 (Uni, Co Copper Steel Armco Armour (Un) Corp Woolen Anaconda Co 100 Apr Apr 19% 2'/2 Rights 5% Tel & RR Aircraft Oceanic Feb 285 Pacific 14% — Jan IS1/* -1 Inc... Corporation Northern 200 15% ... (Un)_* (Un). (Un) Fabrics Central Northrop High a4C a45 * • Inc Prod North American Co Range 8ince Jan. 1 to»r a66% a68% a68% 1 Co ban Shares 22% * 2% -May 70c 355 for Week 2% • 27 1,700 a23»4 a23 3/4 North Amer Aviation Inc High. 22% 10 (Un)__ Inc & Si Co Corp Co Airlines -American (irnai- Dye & Mfg Range of Prices Low 1 Corp . ' Nordon Sales ; Sale Price a2% Feb 2.00 Feb 413/4 Jan 4 Jan ' 2% .3 Lines Mallinson York iJiew Angeles Stock Exchange Par Jan 18% —1 Co Corp Distillers National STOCKS 17 y« Jan 413% 75c 82 %c (Un) City National Week's 90c 105 Jan 2Va National Friday 600 Feb 18 3/4 (Un) & 1.20 Mar 1.80 a2% (Un) Mining & Dev Co Nash-Kelvinator Los Co Inc Corp Co Inc Mt Diablo Oil 16 % May Feb 1% Jan 2,014 Montana Mar -15% Mar 8% May 15 Monogram 53/4 Jan 25 1 " Manufacturing ■Middle South Utilities Jan 34 a42 a43% (Un). Merchants Petroleum Co Apr 20% May 103/b ;Feb Jan al63/8 al63/a Biltmore 'Hotel Jan 16% Timken-Detroit Axle Walker 12 High May * 2 _______1__1 20 1 7% " S. Scotten-Dillon Sheller Manufacturing Low 20 y2 q 10c Corp (Un) Angeles Range Since Jan. 1 High 20% — 7 Co Aircraft Inc Low l ^ Mascot Oil Co River Sales Range ef Prices Par Lane-Wells Jan »i * Week's Last Bale Price High .-Jan.' 28% May.* -• 590 5% I 18 Friday Low 20 3/4 _* . MAY STOCKS ju( 2% 1,500- -53/4 2'/a ■_ ENDED Range Since Jan. 1 -"v-" * £ WEEK ,f«rWeelk«-- 2 il ___ Metal Pfeiffer Brewing J _10 _—_— n Car Parker Ru^t-Proof of Prices 3 y. 10 _i_; Range ■-< Low - __l Products National Last f Sale Price Par ■■ Screw- Products Motor ■ *•. FOR VFeelf* Friday^ Feb Feb May Air Lines Inc Western Union Telegraph (Un) 4 —1 __ 860 -11% 12 a22 a21% a22 20 .13% 133/4 15 2.205 __ (Un)—• 39'/2 39»% 39% 100 Westinghouse Elec Corp (Un *—*.12.50 Willys-Overland Motors Inc (Un)__ 1 Woolworth (F W) Co (Un).——-—,10 Zenda Gold Mining Co -18c Zenith Radio Corp (Un) • .,37s/8 37 Vb 38 1,115 Co 10 ^ 10 225 a44 a443/4 14c 225 14c 9,300 a63% a64 Va 70 13c ; 133/2 May 11% Apr 13 3A May Feb 25% Mar 28 12 15% Jan 39% May 343/4 Jan 9% Apr 44 :8c 04 Apr ,443% Feb ^40 3%, May 12 , Jan Jan Jan ■45% Jan Jan 67% Tab 17c Mar 3S «L>' *G The Commercial and Financial Chronicle (2120) Monday, May 21, 1951 .. . OTHER STOCK EXCHANGES RANGE WEEK FOR ENDED MAY 1* FridaySTOCKS Week'* Lust DAYTON & GERNON Par Halllcrafters SALLE ST. SO. LA 105 3, ILL. CHICAGO - Hammond __1 Instrument ; Hein Chicago Board of Trader - Werner Corp Hlbbard Spencer : 34% I __ • for Week Share* taaft Siaee Jan. 1 Low High 6% ■} ; 6% May High - 6.500 23% 650 34'' 35% 950 28% Jan 25 - 25 25% 950 25 Apr 9 Jan .11% . Mar 24 - - 37 T. May Apr 10% 450 41%- 42%; 170 38% Jan 44% MINNEAPOLIS 5 26 26 200 23% Feb 27% Apr -50 34 34 100 28% Jan 35 Feb -10 11%- 11%- 400 10 Jan 13 Feb 18 Mar "20 Feb Huttig Sash 6c EAU Brick Co Independent CLAIRE Indiana Inland Products Power 11% * Pneumatic Tool Steel Indianapolis 18%- 18% Steel Midwest Stock Exchange Minerals International STOCKS Sale Price Acme Laboratories Steel Admiral Co 5 '3% 3% 4% 33% 33% 34% 15% 16 18% 18% 16 * (Un) (111) common 42% 61% Jan 41 Jan 1,700 32% Jan 37% Feb 31 26 18 Jan 19% Mar 12% 150 23% 42% May 9% May 51% 23% May 1% Jan 100 27% Jan 40 38% 200 28% Jan 7% 600 6% Jan 1% 2% 2% 1,200 1% Feb 3% 7% 7% 1,900 7% Jan preferred 1 St 37 Jan 51 Apr 17% Jan 21 May 50 % May 1,500 1% Jan 550 4% Jan 8 49% Jan 60 Jan 54 800 19 600 15% Jan 20 Mar 300 60% Jan 70% 300 46 16% 17 300 16% 38 38 28 Jan 39 Feb 22 22 100 18% Jan 22 May National Standard 12% 12% 100 12% May Feb National Tile > —23 24 . 3 */f ■ ' — 50 . 253/a 600 3% 1,200 % 13% -1'' 13% 33% 3 3 Jan 18% 33% 21% 15% Jan y2% May 31,000 du Pont (E I) 3 200 Eastman Kodak Elder 13% (Un) Fitz-Simons Dock Flour & America General Co General Motors Corp General Public Utilities Feb 400 15% Mar 17% Feb 150 39 9 -1 „1 "• 10 9% 1,400 19 % 19% 50 4 3% 400 Jan 7% Mar 7 Jan 15 Jan 17% Feb 21% May 22% Feb 14% 19% Mar Jan 37% Mar 40 Feb-- Jan 10% Feb 19 Jan 23 Feb 3 Feb 8% 4% Apr ' 32% 32% 32% 1,000 30% Jan 32% May 30% . 30% 30% 200 30% Apr 38% Jan 49% May Va 49% 25 36 37% 37% 150 37 9% x9% 550 May 9% May 19 500 18% -Mar 49 9% 18% "4% 4% 4% 600 11% 11% 50 16 16 400 32 33 4% Feb Jan 10% Jan / 19% Mar May 7.6% Jan 12% Feb 16 17% Jan May 400 32 27% 28 150 23% Jan 39% 100 36% Jan 34% 35 71 71% 2 Jan 71% 35% May 50 28'% 64% Jan 152 19% May 9% Jan 21% 11% 11% 50 7% 8% 650 4 .3% Feb <■ 27 % May 17% Apr 36 * Mar 74% Feb 7% 23 Jan 12 Jan Mar 9% Mar 600 31% May 38% Feb 12% Jan 16% value Feb 20 % 40 6% ' 10 500 1,100 19' 400 17% 1,100 18% 18% 200 9% 18% 15% 17% — 20 153/a 5 — (Minn) 1,900 7% 9% 50 1,000 18 V* 32 Jan Jan 4% 18% Jan Apr r* •■*■ 22% 40 Feb May 7% May 26% Jan IS3/, May 19 Feb 16 Mar 19% Apr Jan 19% 173% &% Mar Apr 9% May — 10 10 10% 2,900 9T% Apr 10% Mar • 34% 34% 343% 1,200 29'% Jan 35% Apr 1 15 15 15% 2,800 13% Jan 16% Jan 8 changed 31% 31% 600 303% Jan 32% Jan A May Mar % May 54% Apr 14% May 14% May $5 (Un) to Feb 32% Power 19% 39 73/, II .10 —_— Corp States Par 19% 40 .. 19" (Un) Illinois 13% * Northwest Oak Mfg Co Ohio 13% 100 64 Jan 65% 98 22% May 29% 99 Co (when 313% i\ issued) 7,100 32 Feb 98 Edison Rights Feb 500 Bancorporation 91 Packard 82 Apr Pan American World 26% Apr Patterson-Sargent Peabody Coal Co 90 Feb 23% 2,400 22 84 84% 450 84 V- 7% 8 ":'3i% '30% 3,400 32 3/8 ;i3% Mar May 5"% Mar 600 17% 600 29 Feb 12% Jan 14 27% Jan 17% 17% 15 32% 300 100 10% 10% 200 8% 8% 8% 300 10 10% 10% 10 % 350 34 34% 5 89% 80% 200 5 200 89% 100 32% May 17% May 30% Feb 500 8% 31 8% Pennsylvania Mar 21 Jan Apr 11% Pepsi-Cola 43% Jan 6% Mar 13% Apr 25% May 11% 12 600 10% Mar 25% 25% 100 22% 1 common class 83% 500 19% 550 21% 1,900 -8% 5 A 19 10 12% Co Pure Oil Radio Jan 12% Jan 5% of Colorado 10 Jan 8'% Mar 16'% Jan 10% Jan 19 % May 100 116 10'% 600 10% 19% 115 9% Apr 26% Jan Jan 125% Feb Jan 12% Jan 12 13 300 10 Jan 14% Feb 2o 26 26% €00 25 Jan 30% Feb * Co —— 50% 52% 300 46% Jan 54% Feb —5 (Uni Co 35% 36%, 300 34 Jan 47 Feb 18% 16% Jan 21 Mar "III Corp (Un)___ 3% —5 „ 3.00U 3% 1,900 3% 200 3% Apr 3'% May £>% - 1 Theatres 19%- 33% 3'% 18% Corp of America (Un)_ Corp (Un) Raytheon Manufacturing Co 9% 100 9% May 4% 5% 12 Jan Feb Jan Feb 35% Mar 4% Jan 116 1 Co Pictures RKO 9% Mar Apr 19% 19% 33%c (The) Oats R-K-O Jan 50 —100 (Un) Service Quaker 35% Mar Apr 31 2,400 * RR Co Public Jan Jan 9% 5% 43V* Feb. 10 % 7% 70 5% 5% 600 14% Airways (Un)_2% Co Peoples Gas Light & Coke 52% May 34% Mar 27% ! • 53% 14'% ' Potter 400 51% 51% 51% * (Un) Car Switch Electric Penn 29% Mar 51% 32% Motor Co 8% May 500 13% • Mar 23 7% (Uni Manufacturing 101 73% 84 Oil Jan 69% Jan • 23 76% Ohio Ontario 35 Jan (Un) Republic Steel Corp (Un) 92% Feb 15% Jan 19 16% 16 95 95 97 300 82% Jan 44% 45% 400 43 Apr 48% Jan 22 22 50 17% Feb 22 45 49 200 39- ADr 53 21% 23% 700 193/4 Jan 24% 50c 18% 6% 41 14% Jan 40% Apr 300 7 40% -2% (Un) 400 1,100 19 42% 6% 19% May 49% Feb 8% Feb 6% May 40% May 43% Mar 12 32 May 33 Apr 7U 42% Jan 46 May 101% May 44% Rexall Drug 18% 415% Remington Rand Jan 79 % 45 16% 700 Mar Richman St Louis Louis St Louis Public Sangamo Feb New 1— Stockyards 44 * • Service A com Electric 32 10 Co. Car National St May May i, Co Bros 10 14 14 200 13% Apr 16% xl3 Xl3 100 10% Jan 13 11 % May 7% Mar 13 Jan Sears Jan 44% 9 ' 200 3,200 7'% Jan 10 Feb 47 47% 300 36 Jan 49% Mar 23 23 23% 250 23 May 23 % May May. 150 32 . 8% 8% • Co common Securities Investment Co of Schwitzer-Cummins Co 11% 8% • 5 • 11% 9 • 800 9% St 52 52 100 52 2% 2% 2% 2,400 2% 53% 53% 55% 1,700 49% 8 50 5 1 1.40 X49% 18% 50 52 3,500 18% Roebuck Louis 200 8 46% 17 28% 11 11% 2,750 9% 37% 900 34 Apr 41% 15% 16% 350 12 Jan 17 53 56 €00 51% Jan 57% Feb 11 11 400 11 53 — — 58% Feb Serrick Corp class B common. Jan 3% Feb Shellmar Jan Prod .10 11 I 15% 15% 100 37 May 37 39% 3,600 20 3/4 -1 Corp 13% May Jan 13 Jan Mar Feb 26 3% Jan 16% May 40% May 22% May 56 % Mar Mar 54 Jan Oil 19 % Mar South Bend Lathe Jan 2i% Co Feb Southern Indiana (Un) Works Gas & Electric- 28% 28% 700 24% Jan 8 30 % Feb 15% Southern Pacific Co (Un) 15% 100 15 Jan 15% Apr 400 Spiegel Gossard Co 76% '81% 65% Jan • 1.200 17 Jan 397/, 1,700 34'% Jan 31% 2,300 253% Jan 313/a May 22 23% 350 21'% Jan 28% 11% 11 ll3/a 4,200 20 3% 203% 300 19% Jan 12% Jan 21% Mar 66 68% 400 64 V. Apr 74% 11% 11% 200 11% Apr 14% Feb 3% 6.108 2% Jan -5 -5 (Un) 213% 383% 30% 66 .15 30% 20% Corp Socouy Vacuum Oil May 20% 383/4 Strapping—— Steel Sinclair 8% Mar Jan Southern 11 36 15% Co.. & common Signode 8 37% —-1 Schenley Industries (Un) Feb * 11 May 40% May Jan 81% May Bros — (W H) Graham-Paige Corp Gray Drug Stores (Un)— Great Lakes Dredge & Dock Bros Cooperage class A Oreyhound Corp (Un) Griesedieck Western Brewery Greif For footnotes see 1 : page 43. ' 29% May 39% May v Jan 400 xl9% 7% -1 (Un) Goodyear Tire 6c Rubber Co— Goldblatt * - 43 11% May 39% (Un) RR Co 200 10 Gibson Refrigerator Co— Gillette Safety Razor Co 4% 16% .10 American Jan 33% 1 (Un) Feb Apr Mar 7% 10 ..5 Co Northern Feb 23% ___5 (Un) 18 Jan 300 * Manufacturing... North 35% Apr Jan 5 General Finance Corp— 5% preferred series A 25% Jan May 4.400 —* (Un) Corp & % May 14% 10 Transportation Corporation Electric Jan 14% 4 7% 2.50 " Amer General Box Nash-Kelvinator 15% Mar 22% & Inc Four-Wheel Drive Auto General pref— 1 —,— of 20 16% 7 * Corp 400 32% 10 Connell Dredge Co. Mills Jan 17% Mar 13 5 21% 50c Car 64% :7.50 Brewing Corp 26 Apr * Co Aviation 200 8% Electric Controller & Mfg new com—5 Erie Railroad (Un) * Falstaff 9% May 25 A Ring American 22% 1 — 32% May Mar 16 750 15% 1 — American 16% 33% 5 Company North 64 • — class Piston North — — 5 Manufacturing Jan Specialties— Motor Convertible Muskegon Feb 27% 5 (Un) Feb 1,300 15% • $3.50 Northern 1 Nemours Jan 7% 31% May 5% 21 % —10 Jan 16 16% 15 (Allen B) class A_10o de 23% Jan Mar 4'/» • 16 * Inc 5% 32% 300 1 . 4% 7 1 29% ; % May 13% May 1,800 • -25 (Un) Dodge Manufaturing Corp Doehler-Jarvis Corp —; Domestic Finance Corp class A 6% Feb Jan Jan 27% __ Muskegon Feb 53% Mar May Muter f; % 13% * __1 ' 2% 50 (Un) 5 4% • Montgomery Ward & Co——— New Ydrk Central 24 ■ ——0 Nav 5 16 Co Co 49 (Un)—1 — Dow Chemical Co Du Mont Lab Inc Chemical 65% 5,908 Corp Monroe 65% .__5 Continental Motors Corp Crane Company B .Cement 46 n. Detroit & Cleveland Portland 49 HI Aircraft preferred 27% Apr . Vultee 550 Products Modine Manufacturing Co.— Apr « Curtiss-Wright class preferred 18 — Power 10 % Minneapolis Brewing Co 1 Mississippi River Fuel Corp common.10 Feb 733/a Consumers Co prior 14 .100 Consumers $1 1%' Feb 6% 23% (Un) 10% • Miller & Hart vtc common.. Jan common System 24 200 21 25 Jan 18% Mar 32'% May 600 16% -7 Utilities South Jan • j.nc 200 25'/« 16% Feb 1% & common 32% 24% 16% Cement 14% — lu 59% 31% Paul 32% 25% .10 . Co Food 10% . Consolidated G) Portland 400 __<■ —— 32% * -— Mickelberry's 750 —1 Cleveland Cliffs Iron Columbia Gas (Arthur Medusa 12 —1 common 1 1,100 .25 & 17 —5 Convertible preferred v xne; Field 11% 18% . Corp 100 1,400 21% 39 16% —1 J*-. 7% 25% 7% -4 (Un) Co 19 8 Certain-teed Products (Un) Chesapeake & Ohio (Un; Co 100 950 500 : 1% 12.50 — 21 25 preferred Missouri 10 West Chicago Milwaukee 48 51% • Central Illinois Light Co Central 111 Secur Corp common— Chicago Chrysler Corp Co McNeil Sc Llbby McKee Jan 63% 0 — 21 25 -5 Sessions Co 6c 11% common Ry Towel Gas Machine Marshall 8% Mar 5 (Un) Jan 33 %c — Printing Co common Lonergan Mfg class B Louisville Gas 6c Electric (Ky)—„ Feb 2% 1% 25% 700 $2.50 May, 7% i 1,700 1,200 Libby 40% May 8% Jan 21 26% I6V2 Lamson 25% Mar 100 48 26 8.75 Laclede-Christy Co Jan 1,800 20% 26 24% Jan 12 % 1% 50% Jan 23% Leath 6c Co common 1,700 2,700 23% 21 13% "15% Feb 39% 50% 1,500 16% Landis 38% 10 44% 33% May Mar 15 % 23% Feb 1% 7 14% Jan • 158 % 34% 34% Jan 40% 10% Kropp Forge Co 15% Mar Jan Jan 44% 7 12% 200 1 —5 — (Un) Co —10 Carr-Consolidated Biscuit Corp Light —; & Light 400 % 15 *> Lincoln nil Co..__ Burkhart (F) Manufacturing Burton-Dixie Corp : & South Drug & 1,300 14'/. 40 15 10 Chem & Power 32% - - Apr 53 : Canadian Pacific Aluminum 450 14%'. 15 10 .... • Feb 39 33%. Kellogg Switchboard 6c Supply com—* Knapp Monarch Co —1 Feb 17 38% Apr 10% — (E J) (Un) v-uicuiaii 40% '1,300 43% 1 ..... Pacific 4% Apr Jan 3% 1,200 43 9% —IP Manufacturing Brach & Sons Katz Jan Feb 33 Mining- Fisheries Corp Borg (George W) Corp Borg-Warner Corp Corp 11% May 13 1,300 42% 5 Booth Chicago Jan Feb 300 15 9% 48 — Berghoff Brewing Corp Bethlehem Steel Corp (Un) Convertible 10 Kaiser 50". May 50 % 40 * (Un) (Un) Middle Consolidated (Un) ; Central Jan 3 Benguet Rights Power 3 Belden Mfg Co.. Bendix Aviation Corp Bros City Kansas 900 300 155% 42% Bastian-Blessing Co , 42 2.50 — Butler 14% 154 Manufacturing Co__———1 Co Kansas Laclede 15 154% 5 Mfg Corp Budd Jan Feb 1,300 10 Inc Light 600 50 Vr • 6c Shinkle Shoe Laughlin Steel Corp & 8% May 9 1,300 1 Refining Co common—l $1 .20 convertible preferred * Athey Products Corp 4 Automatic Washer Co__ Binks 11% 33% 29 Apr Jan 7% 50 10% • Jan 7 300 8% Jones 58 % May Mar 6c (Unj— Eiec & 32% May 40% ——_ Kelley Island Lime & Transport Ashland Oil & Co 8% 11 1 Armco Steel Co Avco 22% .8% American Rad & Stand San (Un) * American Tel & Tel Co -—100 Anaconda Copper Mining (Un) 50 Asbestos 27% -* — Industries 42 200 1 American Airlines (Un) American Invest Co (111) Arvin 200 400 23 8 —5 Allied Laboratories Armour & Co 55% 31% 23 23 Power Tel & 14% May Feb 33 Co.... Johnson Stephens High Low Gas Illinois Iowa Range Since Jan. 1 55% 1 Affiliated Gas Equipment Alleghany Corp (Un) Shares High 30% —*0 i—— Corp of Prices Low 5 Advance Alum Castings— Aetna Ball 6c Roller Bearing— for Week Tel Iowa Sales Range Last Par, Abbott International Week's Friday Jan 28% 31 Chemical__5 6c Ltd Packers Shoe 8% 300 40 50% International 700 31%, 33 Harvester International the round-lot transactions only. 550 14% 31% 31 % 18% 13% III Co Light— 6c Interlake Steamship Co International A compilation of * SECURITIES LaCROSSE MADISON Door common.. Illinois UNLISTED • peb Hydraulic Press Brick $6 pfd— MIDWESTERN LISTED AND ? 27% Feb 9% -25 Bartlett—— —* 2 Inc 10% 15% •300 10% May 12% Jan Standard Dredging Corp 3% Standard Gas 3% 3% 200 4% Feb Standard Oil 11% 11% 12% 300 2% Jan 11 % Mar & of 13 Feb . Standard Oil Co. * 16% 16% 17 % 550 15% Jan 17% 19% Feb. Standard Oil 17% 17% 600 13% Jan 19% Feb Standard Oil Co 11% 11% 2,400 11 Jan 12% Jan Standard 24% 24% 200 Jan 26% Mar 2 24% 22% 2% 1 Electric • 93% 300 9% May Indiana 25 64 64 68 5% 3,200 59% Mar 10 40% 40'% 40'% 100 93% * " • 3 ■ Feb- 19 —3 „ ■ , 8%-Feb- 7% 21 21 -10 ——. Heileman (G» Brewing Co Members: 6% 1 Co Harnischfeger Corp Telephone Central 6-0780 Midwest Stock Exchange Co Low Sales? * Rang* Sale Frier-, of Prices of Kentucky (N J) Steel (Un) (Ohio) Spring Stewart-Warner Corp common (Un) 25 113 10 37 1 —5 37 Va 90% Jan Jan 3% May 13% 121% May 1153% 900 37 373% 500 33% Mar 39 24 100 22 25 17% 18 600 15% Jan Jan Feb 69% May 41% Feb 24 113 Feb May Apr 19% May • Number 5013 [Volume 173 Tly> Commercial and Financial Chronicle r'\ (2121) 37 OTHER STOCK EXCHANGES RANGE Week's Last Range of Prices Shares Friday STOCKS Par Btone Container Corp Storkline Furniture 10% V» 10 Low 30 30% 800 28% Jan 35% Mar 54% 54% 2,200 42% Jan 56 ~I_a 16% 16% 17% —i 19% 19% 20% Texas (The) Irane Co Trans World So Co...— 21% Feb Jan 40 33 % May 1,100 Admiral Corporation Reduction Co (Un) Alaska Juneau Inc__— 99 % 500 84% 100 25 % Mar 27% 103 19% Jan American % 36% 1,0 JO 26% Jan 24% May 36% May 23 % 23% 23 Mar 27% Feb American Car 4'% Mar American Factors 34 „10C , 1 ~3% 3% 3% 1,600 16% 15% 16% 700 52% _• 3% May 40 52% .. 49% Amer 52% May Jan & Union Carbide & Carbon • 59 Va 58% 59% 1,300 lo 28% 28 28 % '400 1 4% 4% 4% 300 • United Air Lines Inc (Un) United Corporation <Del) (Un) U s Steel Corp. 42% 42 % 44 Vs -4,000 American Viscose 60% May 53% Mar Ltd Van Dorn-Iron Works Westinghouse (Un)_* A Co_ Corp al54'A 25 a59% (Un); Electric 37% 37% 40% May 30% 100 26% 31% May 13%- 13% .14 % 450 13% May 17% Mar 12% 12 V. 121/2 1,200 12 V% May -14 Vi 13 % 14 11% 15 37% , Wieboldt Stores Wisconsin 12% Corp__. White Motor Co Inc common—. Bankshares 3 .—I—I* Apr Arkansas Feb " Natural 100 Atok-Blg Avco Jan Friday i STOCKS Last Week's Range ' -Sale/Price ■; ; American • Par . .1. • American Tel & Tel™ —I-100 8tore« •: * of Prices / ' -- Low '*'■** 37 154>/s High % 37 % - ■' 153% 155%, 33% • Y 2,G85 149% Jan 16% 390 14% Jan 20% 1,793 18% Jan 33,782 ,% i'tf Corp L ...13 Baldwin Securities Corp' r, —75c * Baltimore Transit Co common.'... ^ 5%%• 1st preferred Budd : Borden ? T7%" Feb 21% Mar V "t ,»/• May May < -100 12 100 •4% -3% 216 / 3% — • T4% 14 % 15% v 16% 17 > Power & 72% 73% 22 21% • common Lignt com——13% Electric Storage Battery.'— Fidelity & Deposit Co.— General--Motors 25 ; 12% 535 „ • 43% 10 _ Corp—.: _5 Gimbel Brothers — 1,735 8% 269 ' -44 »/2 67% i ,15% Jan 52 19 V* 10c 5.12% Lehigh Coal. & L-trigh Valley Martin Co Budd (Glenn __10 . L) 23'% 9Vb Maryland & Pennsylvania RR-._/__100 Bunker Hill 3 Apr 14-'. California 'Art Jan - 82 Apr 10% -8'A May Feb * 65 Jan 71% Mar Jan 54% May 18% 'Apr 50 r Class Co 50 334 123 22 Canadian Co— preferred preferred / May Chic Milw 100 2% Jan Cities 15% Jan Clorox Jan Colorado Feb Columbia 3% Feb 15 V* '-478 1,358 3,591 -10 59 y» 59 V« 62 Vs 356 39 V. 40% 167 27%' 28 %r 4,626 25 V2 Jan 6% 1,625 *'4% Jan 8%' 2,345 7% Jan 9% Jan 1,067 21V* Jan 25% Jan —3 5% GVb 7% 8 22 Vs 22% 23% Jan 28 Apr Apr Apr 26% Jan / 13 V* Jan 24% 19l/2 ,, 52% Mar 105 35%-Jan', ' 9 i - • common 22% 22% ■ 86 Jan 104 Mar 105 Jan 24 21 y2 24% 24*% 25 663 24 Vb Apr 27% Co Fuel United Corp liinted Gas A 28% 241 27% Mar 32% 47% 47% 48% 44% -44% . ... Imurovement. Westmoreland Inc Westmoreland 2 _1 - --13% 21% 4% 12% 2.25 2.35 Jan Mar 15Vb 5,547 2.25 May 2.95 Jan 53% 11 1,120 ^ Jan 1% Feb , 911 3% 51% Jan 66 150 63 %• Jan 70 9% Mar 11 66 r~ .2 4 " * River Feb ,9% 100 al7% 200 16% Jan 18 V* Jan 22% 23 385 20 V* Feb 23% Jan 22% May 23 :!■ 22 y3 23 384 4% 15% 1 Di 4% 4% 700 15% 64 V2 65% 23 1,405 Jan 14% \ May Jan 1% ,al2V4 al2% al2% 25 884 !a62%; a61% a64 Va 115 6 46% 392 46% May a48 Va* a48 Vn a49% a31% t Jan 22% Apr 13% Jan Jan 28 Vb 12% Jan 75 Apr Mar 71 63% Apr 24% 56% Feb 75c Mar 64V2 4% Mar 18 41/2 Mar 50c ;• 25 —10 „• 46% 46% •• 45 Ve 510 33 22 V* 345 22 Feb t 45% 436 73% 73% 74 Va 1,079 al03Vs al01% al07Va 239 (UnJ.^i. of N Y Corp Gas Motors a— 13 V* 190 13 Feb 10%-10% 100 10 Feb 85 13 V* 28 Vs Jan 161 51 % Jan 65 7% Jan 10'% 220 a8% . , Mar 10% May 31% 30'A Mar - Feb 2 14 Va Jan 17% May 61 48% Feb 51 Vb 17% 200 17% Jan 21 Feb a9 i7%- . 23 % Mar 338 I 70 11% Jan - a53Vs a53% ' Mar 11 28 V* 422 al7% al7% „' a53% i- i 13% Feb 63 ' 10% * — May 29 Vb May a30% a31 % —1 Feb 28% 62 4 a— -a8% al2% al2% 10 • *-8% "Apr 10% 12% Jan • " May Feb 1 25 89 89 V* 120 89 Apr 96% 5 55% 55% 826 49 Jan 56 May 102 Vs 103 62 Apr 106 Jan of common Amer „ „ „25 (Un) (Un) Corp — \ ■>, , Giorgio Fruit Corp >A common- .—5 common „• 369 26 V2 29% Feb Dow 22 Vz 420 21% Mar 25 Va Jan 36% 161 35 42 Jan Dumbclrtbii fridge* jiVn)— 53 54 57% Jan El Dor&iio toil 57 57% 61 Feb El Paso .15 common Po , 12 Feb Jan -65 May 21 ,127 21 Jan 29 21 578 20 Jan 29 4 -4 100 36 36 V2 743 3% Jan 35 Ve Apr a88 Vs a90V» 36 a88'/s Jan 10 V* Mar 60 v 177 7% 8 1,700 6 V* 95% 98'A 1,139 83 Ve 35 % Feb 91% 8 Jan 294 Feb Feb 38% Jan 5 Feb 6% Jan 80 -10 ours—. 43% Jan 156 -300 21 • (Up) 34% Feb 65 21 21 ; Fields Co 101V* 10 % 10 % 65. 21 —5 71 a38V« a39 V* . __ 2, — Co * 60 common Abbey Co Ch&nifial - 26% 28% * Dominguez Oil 38 Va Mar Jan a26a26% (Un)_——15 Corp Co 89 Jan 20 Bank—a— Natl Steel Apr 33 — ..(Un)-*,—..^*4 America First 84% 70 —-5 Aircraft Feb ' . 315 ; __ common.. 1.33 Va Co Vultee Apr 35 * (Un)__— 82 a29 Vs a29 Ve 4 Aj class Feb * Jan 22 V2 25 Ind ' 59'A 35 22% * Edison Feb 29% Feb 22 Va T * (Un) Feb 38 Va Jan 70 Va 10 Jan 55 % Mar 45% Apr ■; 55 ' Apr 44 63 Va Mar 45% 3V3 Packers Zellerbach Class B 620 31% a32% ■22% ■ -25 (Un) Doernbecher Mfg Co du 3% 50 com Solvents Grocers Crucible Feb .May 9% a 16% „ 200 (Un) Iron 28% Jan 48 Vb May 2,355 (Un) com 21% May 42% 43 - 6 Preferred : May AV» Jan 40 -a47% a48 Ve System cl B—2% Gas System (Un)..__ » Natural Cypress *46% May 2 a45% a45% . • Broadcast Consolidated 52% Apr Jan 37% Feb *' Feb *a45V2 ^—25 35 27% 20 . 41% 34 J00 .45% 2 4% 27% 10 i— — Coal 4% - 12% 2.25 a45c Coppermines Crown Feb ■499 lr. Feb- 12% 17 Ve Co & Edison Crocker Feb 28% Ry RR Chem Consol Feb 653 28'A common Jan 49 Vs 25 Curtiss-Wright Mining Jan 59% 370 51 —_100 Chemical Consol , May • common— Jan Feb 1% 53 6 (Un) Service Consol 86% May • common— Jan 4Va 52% 100 110 a45c 1 Consolidated i Feb 10 22% ; Apr ; 58% 1% 5 Consolidated 28% Mar 7% Paul Commonwealth 40%.Mar .<** 33 86 % 105 Jan 15 Jan 200 * » Mar 1% , Feb 3% Mar 3% a50% ——4 A (Un) Ohio St Columbia 64 Vb May _ 50 Sharp & Dohme Inc Tonopah 86 100 — — -Paper ; class Co Creameries of 100 preference Reading Co Scott Co Tile & Commercial . B 5% 23% 300 1% 1 Corp 11% 14% -J2fl Feb Feb , 8% Mar " I) 21% . 21% common- series Public Service El & Gas «1.40 -tUv i—10 common Pacilic Ry < Un) (J 23% Mar Jan 9 10% May 17% May 27% 28 VB Apr 4% 18% Mar 50 21V;i 4 Continental Edison . new B 1 Preferred 19% « I2V2 a4% a 50% 2% Packing Corp common Canada Dry Ginger Ale ( Un) 24% Mar , 26% co. Participating preferred Phiico.-Corp common....:. 3.60% (Un) Caterpillar Tractor Co common Celanese Corp of ; America Feb 19% common. Transportation 4.70% * 45% 27 Pennsylvania Salt Mfg common Pennsylvania Water & Power Philadelphia Electric 14 309 a4V2 " f Jun ..18% -50 Pennsylvania Power & Light Pennsylvania RR Potomac Co 17% ; 16 Vb Jan -46 3 11% al2% a ' Sullivan Jan Columbia Pennroad Corp Phila & -AV* 68% Jan , 100 ' Jan 9c 1% - 10 Jan 17% 7% _5 1— „" 40% 17 Va 1 —— 13c 150 3Va 15 Case 9% 26% Apr 37,800 a50% —5 (Un) 23% Mar j 11% Jan 26 10c 21% 1 Jan 23% 9 Jan 7% 52% 20% 10% 10% _. 11% 163% May 9c &4% • Feb 7% » 1 Company Chrysler 25 Navigation RR___ 79 Jan Mar 50 14^% Jan 10%' Apr 153% Jan 96 Feb 35 V* Mar 11% Jan 44 Jan 50 110 a25% a25% ' 2 Calambra Sugar Calaveras Cement 55 19% alO ' a25% —5 — Chesapeake & 5 a9% ^5 Borg-Warner Corp (Un) Broadway, Dept Store— Pulp & Paper— : series B preferred 15 a9% 62 Vb May 46 Va 32 !A Mar / 5% Mar 7,331 68Vb 49% 50 Jan 295 - Feb 79% 38 % May 39 f 157% Mar Jan 59 Vs 16 Vs a 16 Va a May 150 Va 2,475 al55% al56% -IPI.OO 340 « 34% al56% (Un). 26/ 22 e, Apr 87 1,323 a50Va a50% ; (Un>_. Mining Steel ,(Un) Byron Jackson 'r!>; Jan 2% Mar 1,680 7&% 8% 78 33% a50% 4 P10 California 1 Publishing Co Hudson May 715 4% 4% 16% Chrysler Corp Curtis 7 12% 42 * Company Delaware VW- Feb 15 Vb Mar 33% 5 (Un) Holdings Corp (Un) Boeing Airplane Co (Un) '(■ Bald win-Llma-Hkmilton 20 Jan 100 Blair ■■ 38% Apr 158 Va Mar Jan 16 % 19% Rights''— < 19% • Jan Jan 12% 1,293 (Un) ■; Corp Cons Bishop Oil Co HI#* LOW ... 30 , 37% 16 % • , Range Blnce Jan. 1 —Shares f Petroleum Aviation Bethlehem Kales 35 398 all% Bendix for Week « - Arundel Corporation Atlantic: City Elec Co.. . 540 310 , [ 41% Baldwin-Lima-Hamilton Corp Benguet Apr ; Jan 16 Va 7% Bandini 16% 13% May 20 Baldwin Philadelphia-Baltimore Slock Exchange Feb Jan Jan 152 3 May 64 Vb 13 Ve 103A 60 14% 153% al55% a • 75 ' A Jan V 922 . '41% "42% * class Wedge : Corp common Mfg f "145 16% a37% a39% Co Gas & Co (111) (Un) ■Atchison Top & Santa Fe (Un) Atlas Corp (Un) Jan % a593/8 a593/o (Un)„ 13 Securities common (Un)__75c Baltimore & Ohio RR (Un)_. 100 5 — Jan • (Un) ■Armour 1 • 4 r, . Yates-American Machine Co "700 • 13% 4% 20 Archer-Daniels-Midland 12% May 10 Vs Mar 111/2 Mar 34% -Jan 3% ;50 Jan 50 Feb •a76% r78Vh —100 *47% 600 3% 16% '[ -41 % Mar 12 % 2% May "14% _• Anaconda Copper Mining (Un)„ 11% Jan 140 85 a34Ya a36% * 15% 20 (Un) American Woolen. Co common 12 5 Apr 30% a67 Vb a69% -a35% (Un)„ Jan 30% (Un) 26% al3 al3% San "Apr 11% Pictures aG8% 15% "Anglo Calif Natl Bank Warner Bros Feb 380 «4 lal3% (Un)_ 4% 31 Jan 3% 29% 2% a4 • Jan 23 2% 'IIIl & Refining &-Tel 43 Apr • 2% 1 -—1 - Stan American Smelting American Tel Jan ' Jan 22% * a29 a30% 1 Foundry & High LOW 10o 23% a29 Co/. .II10 Mining Broadcasting Radiator ,"23% if Chemical & Dye (Un) American Airlines Inc (Un) Feb 18% 15% May Range SInee Jan. 1 43 75 , * Allied Feb -Shares Woh ' ■ a54% aE5% .—1 (Un) 23% 34% 5 Corp May Corp 23'% 5 Street .100 Jan Gold 54% a for Week - Low 5 Air 26%' 23 2 Airlines Salle Feb Jan 95 5 (The>_. La 33% 19 17 Va 23 4 — -Axle Irav-ler - Radio Corp Truax-Traer Coal Co__ 208 33% __25 common Co_" Detroit " 33% Apr 8,100 . 16% Laboratories Alleghany old UtHities Timken ..25 — 850 of Prices Par Abbott Sales Range Sale Price t May Exchange Week's Last 20 Va Mar 30 .1 Machine 'Tool Co Jan STOCKS Jan 150 Corp(Un) Texas 12 19 17 Friday ; Jan 9Vb 19 Sunray Swift- & Co__ San Francisco Stock 1,200 8undstrand Oil 18 High 11 -10 Corp- (Un;_. Corp MAY Range Since Jan. 1 High. 54% Corp Studebaker Sunbeam Low 1 ... ENDED for Week Sale Price WEEK FOR Sales Jan Apr May 101 % May BONDS -1975 A —1975 5s series 5tmSp, Eastmi Baltimore Transit Co 4s_. 53% $8,000 53 Apr 4,200 56 -Apr Electrical Week's Corp Range Shares Food Friday P*tr Arkansas Ludlum Natural Blaw-Knox Clark (D Steel Gas Co General 3°% 1?° 37 Va Apr 47% 15% 16% 25 10% Jan 16% May 16% 16% 107 16% May 11% 11% 11% 195 9% Mar _• Duquesne Brewing 16% • Co 13% 13 Vb 13-^e 363 10 V* 10% 640 20% 20 V* 20 Va 265 5 Gas Co 8.50 12% % Jan Home Walker (Joseph) Jeannette Glass Refractories 7rr Manufacturing Joy Lone Star • 29% 29% * 30 30 V« 1100 60 60 104 331/» 33% com_ Co— preferred Co..ll..l. 1 Gas Jan Gillette 22% Golden -4% Feb State *' i • Tire Goodyear 155 Apr 30% Mar Graham-Paige Corp (Un) Great Nor Ry non-cum pfd 34% Feb 195 24% Jan 27% 65 Mar Greyhound 15% May Hawaiian 19% -Jan Hilton , 4% 4% 100 4 Jan 5% Feb Hojly 2% 2% 3,209 38% 2% 42% v 38% 79 42 V* 43% 9% • 11 4 . 359 9% 170 11% 267 6% 6% 15% 15% 15% 19c lbc l«c 23% 2% Feb 3 % -Jan 38% May 38 Jan 8% Mar 11 Jan •40% ' • Feb * Jan 39% Jan . 7 Jan Feb Corp 50 140 44 4,254 13% 13% 9 tO Jan 14% I6V2 160 15 Jan 16% 17% a28 Va a28% 300 16% Jan 18% Feb " 100 26 Jan 29 Va Apr - 28 Jan 36% Mar 17 V* a28% 34 34% 475 14 14% 1,783 71 14 Va 24 ■■ 34% 37% Oil Hudson Jan 10% Hunt Jan 12% Feb )On 265 3,000 Pineapple Co Jan 11% . Apr Jan 79 Jan Co Ltd.—— Mar 71 10 50 Vi# a52% 101 45% Mar 47% 82 V* 300 67% 82 V* May 3% 325 2% Jan , Car Inc Co Feb Idaho " Maryland Idaho Power 530 48 % Apr 57 % Feb 11V4 500 11 Jan 12 Va Jan 20% 21 Va 555 20 % May 24 Feb 143s 14% 400 14% May 16% SV'4 250 57 100 1.45 ' 7%: -c.l 57 538 6% Mar 7 Fpb International 16 Feb Jan 25c Jan 22% Jan 25%-Apr JohnsrManville Kaiser 100 40% Jan 55% 1,395 31% Apr 35% 34% Jan 9 May 54% 66% Apr 1.50 (Un)—1 •40% - Apr Jan-*"* Apr.... International T?1 :Ar'Tel Corp Aluminum Kaiser-Frazer Kansas Power & com Feb 450 1.35 Feb 16% 135 16 Vb Jan 19% Feb 215 18 Jan 28% Feb 2.05 a33% 1,410 1.20 Jan ....27 39 Va Jan 39% Jan 9% 1.220 9% Jan 11 7/b Jan -1,180 32% Jan 37 Vb Feb 39% Jan 33 Va * 2.55 Mar 2.15 9% 9Vi a 14% [ 33 33% a33% a34 V2 al4% al5% " 166 34% Mar 325 13 % Jan 18% Mar a54% a55% (Un>_—• (Un) Chemical Jan a33% a33G,8 2.05 a33% 33 Vac * :* Int4! Nitfkel of <Janada (On) t Feb Jan 23 Va 1.45 16% ..—20 —— Harvester Jan 52 275 7 23 1.45 16% • .12 V2 -6% Mines Corp Co Feb 53 11 Vs. • ZIi — Co— — 4% 51 Vs —4 Plantation Motor Foods Jan ll'/s III5 — 110 48 Jan 59 33 V2 1.195 31% May 6 1,541 5Va May G 15 Ve May 313< Corp—l Corp/—L—iZl—i—/—-J & Light (Un)/r_——8% 5% ... < Feb 16 Va 13% Mar 70 Jan 53% May 51% (Un). (Un).*... 16c 35 38% 48 Apr 3 V* 3 Corp 15 33% 37 Vb 46% 76Vi a — ...— ' 56% Mar Jan 1,698 51% 46% -Apr 52 l. Westfhgbqpse Electric Corp__w—^12.50 54'A ' *._•*.* 43. 6 (Un)... Rubber & Hotels Honolulu . ..._25 Vanadium ftor foetttetewM* page 34% 400 . 22% 16% • Independent Exploration Alloys- Steel Westinghouse Air. Brake/.' 275 Jan ll| Jan Feb Feb 60 Jan — % Mar , 50 . Feb 15% May Manufacturing ______—+ Toy Mining Standard Steel Springi— ^ 56 V* 48 Vb May 100 6% [lOO <Un) Jan 12% Rudd 360 22% ..25 common Co 32% 150 Pittsburgh Screw & Bolt Corp Pittsburgh. Steel Foundry common.*. San 50 - Jan a44Vs a44% 17% — Ltd 30% 324 10 Bros '...w:.*,*. % 103 13% — — F) Feb 17 Pittsburgh.Plate Glassy— Reymer & Feb 50 — 28 V2 13% 2V2 12% 6% a44Vs ...1 28% Mar 13 — 11% 6% _• Honolulu Oil Corp' Common 140 a36% a38% a38Vs ' Ills Co r-o 13% 5 *$2.50 convertible preferred 11% 22% a22% a ——— 10 . 27% 15% Pittsburgh Brewing Co—- .2% common preferred Razor Co (B 26% — Apr lif 22% (Un) Corp preferred 5 Fireproof in g Corp 27% Jan 9 53% — Glading McBean & Co 2G% Moufitain Fuel Supply Nat " Co preferred Safety —10 Mackintosh-Hemphill Feb 26% Mar 48 — a corn- ..10 Chemical common Convertible 2nd 11% Mar 20% Jan Paint Cumulative 11% May 13% Mar Jan 9% 20 Jan Goodrich Harbison 11% 370 1-1 4 (U11) General Foods Corp (Un) General Motors Corp common High 38% 16% • Columbia Gas System Equitable Low High 38% * Co L) Low .* common & General Electric Range Since Jan. 1 '' Allegheny —* Light Kleiser & „ —-—.,—— & Machinery Foster for Week of Prices Power 462 26% 11% 11% 4 Co Ltd Feb 10% 26% —3 Sales Last Sale Price STOCKS Corp 46% 105/e Gas Emporium Capwell Florida a43% a45 V4 a43% Works. Products Eureka Pitlsburgh Stock Exchange (Un) —10 Kodak, Co common Natural 5% - '*** " al6 al6 r-, Va Apr 33 % May 8% Jan 17% Mar - The Commercial and Financial Chronicle . Monday, May 21, 1951 .. OTHER STOCK EXCHANGES RANGE Friday Week's Range 8hares Par Low Kennecott Copper Corp (Un) • Kern County Land Company———-5 Leslie Salt Co 10 Lib by Loew's Inc Macy & (Un) Co H) High Low 136 72% Mar 76% Jan V 6678 63% 66% 909 57% 66% May 35 35 50 —. 9% 9'/a 230 38 38 — 15% 16 — • common Co 1 Calculating Machine———5 Magnavox Jan Rayonier Incorp Rayonier Incorp Martin Co Matson Navigation McKesson (Glenn) J & Frank M (Un) • 35 Repuone Steel Corp 10% Feb Reserve 200 34% Mar 42% Feb Reynolds Tobacco clasus 450 15% Apr 18% Feb Rheem 32% May 13% Jan 36% Jan 17% Feb & Co & M Inc (Un) 18 Inc—— Port Cement Montana Power Co (Un) Corp National Auto National Y Co (Un) Railway ,1 (Un; Corp 475 27 20 327 19% 20% 29% class Pacific Coast Paeific Shell 17 Jan 21% Apr 50 10 Jan 10% May Silver 30 Sinclair 772 26% Jan 9 Feb 9 % Mar 8% Jan •10% Feb 239 19 Apr 21% May 15% Mar ,-17% 30 86 83 273 38% 26 19 32% Feb 300 25c Jan 50c 631 30% Jan Electric common it May 165 560 13% 3% :,3% 8% 19 16% 30 Jan 31 Va 1st preferred Jan 15 Feb 16% 5% redeemable preferred—. 5 7o redeemable series 1.90 595 5% 156 4 %" 4% 47/« al9% a 19% 100 32% 32'/* 32% 32 Va 32% 29% a27 a27% 26 32 Va Apr •4 1,195 8,595 31% Mar 32% 450 124 128 70 128 Gas Co class Corp 29 50% 51% 962 50 Jan 30 97% Apr 200 7% Jan Pacific Public Service Pacific Tel Tel & —* 100 Oil Motor new common al8% 4 (Un)_ common 18% Apr 5% 12 — 50 Jan Apr 53% Mar Jan 56% May 6 6 400 a55% a5G% 146 A 5 77 28 * pfd—7.50 19% 32% preferred (Un) California Petroleum Pacific Co 31% 450 32 28% 26% 30 270 4,638 65 (Un), Co of Co California (Un) —1 (Un) Co & 46'% Texas Company New Tide (Un) Feb •• — Railway Equip & Realty Co common-* Preferred —-—100 — 21% 21% Jan 23% United Ait Lines Inc. * May 6% Mar 13% 80% - •48% 883 16% .17% May •.' 1135/8 May 34% - ;! Jan 33 v/ Mar ; : 215 ...-65%. Jan 121 a—'-' Pel 21% Jan ,,,,35 : Westates Petroleum 86 68% Jan Preferred common Western Feb •:. *45 ••*. Mar ,25% Apr 99% May , • ,5."' ___ **■■.' *37 Pacific RR Jan. Jan 85 ■ ' Apr Woolworth 4F W> Yellow C^b>€<^ 58% a60% >- • Jan 1,041 23% Jan 28 % 29% 9% 10 9% ' - GOO a?0 a20 Va 18% 19 % -'42% 44 91 8% ' 9 11% 70c - •* 19 A. a52s/a-a52%; L* __12% "N:; 37% : Feb * 47% Jan - "91 Mar 1 .;:9% Feb .; 41, Mar 63 Jan 8 765 : . Mar r, 65c L' Apr ; Jan J .6% Jan Apr 'V •,15% , Feb 25 • t ; 52% Feb ,; .-,,,52%'Feb7 1 -0f 1,550 r v 34% Jan 100 .".44% May 925 40% May l -9% Mar 640 V Jan, _91c . .. *625 " •C-19% May221 , 13% May 12V4 Jan -• Feb 230 'Jaa* 650 - -'38 io% -10% ._1 21 2,020. . a89% a89 % -- Feb Jan 11% 11% Mar :i"-- -r'r:19%* * 22% - 261% May :>■ - ,p% . Apr Jan Jan 122 - 41' 30% 8% ,500 12 Apr V May * *-27% - 18% , 850 ■ 262 ■ 70c — 143 „ • r May .40% May ; 19% 225 8% . r 2,147 89% 42% r 66 18 % ; 19 V* Mar Apr 61* Jan 261% TOO 34% 3414 28% -50o ' * - so 1 ^,■^4. -^ 5% •—i*.%^14% 4. J4%, . 26 Vi 54% Mar 987 May 20% ten * « Jan 307 5 i— 24 280 .7 38% *38% 100 - 16% Jan ■ 72 £26% a2G% Co common——. i. 3,322 ;a30% a31% -1 (Un) Westinghouse Eiec Corp (Un) Willys-OverlaasKlfators (Un) * Mar 62% Jan Preferred 20% Mar 13 Lines Inc 32% Mar ; 26% (Un)—1 Department Stoma Western 13 , Apr 18 7e . Western Air ; 10 (Un) May May 33% Feb 47% May 54% Feb Jan ■ 7 22 a30% a * ' a22% a24Va a • . Victor Apr Jan 8 305 1^00 'V . 1 — Jan 25% Jan 100 Feb 50 68% May „ Jan ."•TOO a36% a36% 10 common Febi 44% 470 Corp Universal Consolidated Oil Jan 175 : Steel 12% 695 11 S 26 46 a51 Feb 25% . • Jan 28 42 ,a47% a48% 2% common (Un)__1_— Corp 25 28% 7 U 21 77% Mar 19% '•;96J 20% 1« —10 Jan 10 80%- Feb Equipment Co ;--vL-w—1 Warner Bros Pictures (Un) Wells Fargo Bank & U T—_ 120 11 „' Feb 160 2.96 V* a99 % Jy a23 Carbide * Carbon (Un)_* • Union QiJLCo of California common—25 Union Sugar —ai. 12% United Aircraft Gorp (Un) _5 10% Mar 1,354 ,18% 11 Jan* 44% Mar 61% 598 30% J-; ; 5 ,,4% Jan 12 ~ Feb Jan 14% -.Apr 23% 291;'' k a33% a33% 2 ——— Paramount Theatres (Un) 86 Puget Sound Pulp & Timber (Un)—•*' 28%*".. 28 Inc (Un) ++L * 46 Pure Oil Co (Un> • *50% a50% Radio Corp of America (Un)—; • 12 3,548 v.,, a47% •• Oil ieommon_101 United 67% Pullman a 42 issued)--—.— Associated Transamerica Corp TransWorld Airlines Inc..:— Feb 9% 19% May .' 9% Jan 61 % Apr 12 29% 19%. __ —.—25 -U.- common- (when Water a —10 Jan 83% 84% 67 Va Jan 73% 34% ' —7;58 47% 113% 113% ,a29% —-25 149 67% — •; • — 69 --1 — I (Un)___ 139% May 20% May -60 ,„.30% May . Feb Jan May 12% 63% Mar 901 67% , —25 — Apr 1,033 a23% a23% 46% ■ 34 Va 33% 30 11% 554" Feb 30% May Jan 67 Va ■ Feb Mar ' 28% 15 all% all% a23% * May 30% May 30% 25 Gas 761 11% 40% May 27% May 30% May • 65 „ • (Indiana) 228 30% 2 Oil a28 11% 1 Oil 453 31% 1 ... 35 a27% 0 — 49 32% May 24% Apr Jan .31 Jan 31% 2 Corp Jan Jan 40 *32 : Feb 5% 34% 339 ,. Jan 79% May - 4% Mar 25% 1,122' a28 -25 Mar 64 - 635 ( 32% 25% 25% 7 57 447 31 : 32% com cumulative United Can & Glass Co .100 39% 30% " Feb 5 30 Jan 9c 55% Mar 1,110 a4 39% • United 21 78 a4 15 Feb* al0%al0% " 76% 5 576 a22% a227/» 19% 33yac Apr 5c .680 12 Jan 38% Mar 52 Va 15 5%" V 8,700 7c 15 46 50% Jan al8% al8% Apr 13% May 100 113 .*0 May 46 542 Jan 139% 139 % 35 220 310 * - 8c Jan » 570 a45 55% 22 225 1176 * 14% 50% 103 22% May 7c (Un) Sunray Oil Corp Super Mold Corp 53% Mar 105 18% May 4,758 109 109% • Pan American World Airways (Un)_2.50 Paramount Pictures Mines (Un)— 1 Pennsylvania RR Co (Un) Pepsi Cola Co (Un)— Phelps Dodge Corp (Un) Phillips Petroleum Co Pig'n Whistle Conv prior 23% 22% — -- ..." 100% 100% 8tt 8{J — 100 *— Western Packard pfd common Preferred Pacific 1st -- 128 ' 35% 43% Swift 30% Mar 26% Mar — Jan Jan 26% 883 '* 23 34 Apr 14 40% Btudebaker Corp Jan 28% 584 27% > 118 4% Mar 55% «Un» Co 4% Apr 3% May 27 Jan 35 40% 36% Feb 32% 27% (Un)—10 com Feb 3% 50% (Un) Standard Oil Co of N J Apr May 27% May 27% 1 Cement 340 a43% * Standard 34% Mar 32 % May 27% —-*.„ Pacific Petroleums Ltd * 31% Union Pacific Portland ' Feb 240 15 Standard :!■' 5% Mar 19*% ,29 27% __ Jan 240 3% 3% -P10 Un) ( Inc common Standard Brands Inc Jan 19 Jan Jan 27% * 36 *34 Feb 25 Pacific Lighting Corp common Pacific Light Corp $4.50 pfd 33 Jan * Spiegel Jan 17% 1,718 29 9 19 .25 A May 36% Mar (Un)__50 Cement Co Southern 3% May Jan 17 1,771 —* Jan 16% May 1,401 • .10 .25 57 5 Sperry Jan .11 ; 9 18% '• Apr 1,515 1.310 31% 13% .25 50% Mar 14 Southern Feb 49% .25 ——- 720 35 Coalition Oil Southern 37a May 49% Apr .25 preferred— Apr 55% 34 5 Co King 6% 33% Mar tU. 34 (Un)—• preferred25 Convertible preferred 4.48% 25 So Calif Gas preferred series A 25 94% May 39% May Apr Oil 4.32% Feb 19 Jan May 3,453 ..5 — 34% Jan 3% 100 Southern Calif Edison Oo 22% Mar A "5 Aggregates Corp (Unu Jan Apr 28 % 3% 10 Bocony-Vacuum Oil Boundview Pulp Co Jan 27c 9 23 33% 360 54% 10 Portland Signal Oil & May 799 370r 1,335 r-t OO 1st preferred 1st Feb 31% .15 Fisheries Finance Gas & Feb 22% 27c common American 30% 20 31% Plantation. Inc Products 300 380 33 1 Mining Jan 100 3%V Mauricio 18% 217 13% Feb 28 541 Inc Co 31% 20 49 % 32 (Un)— Water 15% A Foods Lead Shasta 21% 37% San - Fine Jan 9 86 W Joseph & 9% 15% St Cruz a51 % a53% (Un). Co Feb -1 —.+ Sugar S ?e ____— Mar 1 * (Un) Saieway Stores Inc Roebuck al7% al8% 37% 41 28 • pfd Jan Sears 19% __ 6% 2,427 9 — & Co Santa 21% al8% Jan 764 1 23% May 73% Feb 30 9 „ 36% 34 Jan _8 Pabco ,5 7o 30'/a 9 100 — Faauhau Sugar H7o Jan al0% al0% __ 29% Feb Mar 1 (Un) Corp May Jan Jan 65 20 19% • (Un) 1 (Un) 10 5%% pfd—100 B '£Va% 5% 21% 336 ; Opomea Pacific 100 200 71% __ — Pacific 5% 23'A 30 8 54% 36 changed Corp 6 5% 10 (par High 47% Mar 346 a32% a33% 32% a aw ' 14c Jan 71 'A — A $25) 92c Mar 23% • com Ohio Oil Co (Un) Oliver United Filters Class 3% to Lota 75 36% 36% Jan 2.80 Mar Ciass v Feb 23% 37c Aviation Co Invest Petroleum 44% Feb • American Edison Feb 19% 10c 1 American Rights Bldg 44% 175 4 600 1 North Ohio Russ 5 19% 12,450 * (Un; Range Since Jan. 1 * High 41% *,42% 36% ———1 a Bros 30,500 (Un) North Occidental Theatres 10c • Pacific RKO 2.75 2.80 • Northern 21% Feb 82c (Un) American 18% May 1,930 2.80 Niagara Mohawk Power North Pictures 10c Fibres RR RKO 72c Company Co Central 20% Mar 10c City Lines Natomas 34% Mar Apr 19% — (Un)—* com National Distillers Products Natl Linen Service Corp N Jan 18% 82c Montgomery Ward (Un) Morrison-Knudsen Co Nash-Kelvinator 28% 275 1 Mines (Un) Monolith 785 1,128 a41% a41% __ Low a48 % a49% * Richfield OH Corp Cement Co— 33 P.10 . Lode Cons j 10 1 (Ua) Manufacturing Co 15% 265 18% Shares Riverside Oil 32% 18% for Week 1 Gas Co Mar 15% 32 18% Sales Range of Prices 25 common Jan 8% al6% al7% al67/8 Co Menasco Mfg Co L Mindanao Mother M 1 Robbins & & common preferred Jan 32 32% 15% 32% „ Marchant Meier 323/8 Week's Last *.;VPar .: High a75 Roos & (R Friday Sale Price STOCKS a72% < 18 Range Since Jan. 1 a72% 7 1 * Llbby . Lockheed Aircraft Corp—— McNeill MAY for Week of Prioee STOCK! gale Price WEEK ENDED FOR Sales ",,j,:4,.',May 11% - Feb * (Un) 10 -.-,44%.,..44%,, f. 4 4% ■ enmnwm .4.%. 1 -'4 * . 4*5% Feb '< ;,5%, Feb I " CANADIAN LISTED MARKETS RANGE FOR WEEK END£D MAY 18 ' Montreal Stock Exchange Friday. vv Canadian Funds Friday stocks - ;' Week's 8»Ies .Last Range Sale Price of Prleea ■Par Abitibi Power 3s Paper new com $1.50 preferred Acadia-Atlantic • 19% 25 25 25% 1,746 6% 6% 6% 510 10 10% 1,320 33 32% 35% 4,513 96 94 96% 1,420 23% 23% 330 23% May al3 al3 25 __ —♦ • 12% —.100 • 85 52%*, • 49% ——♦ 28 class A • Telephone —25 Brazilian Traction Light & Power—• British American Oil common———• British Columbia Elec 4%% pfd—100 British Columbia Forest Products * British Columbia Power class A-> Class B class A • Buiolo Gold Burrard $1.30 common Iron Safeway Ltd 4%% pfd Steamship common Foundries common 5% preferred 5'7c Co class B common 20 77 2,782 39 Jan 49% 52% 1,145 40 Jan 28 29 3,865 Jan 39% Jan 22% Jan 27 33% 3,850 96 97% 35 8% 9,780 , 29% Jan 95 Apr Jan 5% 29% 29% 30% 953 a5 a4 a5 203 22 22 255 11 11 500 8% Jan 28% Jan 585 31% Jan 6.80 Jan 7% 7% 7% 125 10 43. 67 69% 1,425 27 27% 315 21% 21% 21% 890 96 96 30 96 May 25 Jan 54 27 19% Jan May Jan 33 33 195 46 46 46% 325 44 Jan 70 70 25 70 20% May 19% 21% * 20 page 67 27 • • 7% May Feb Feb Feb 35 Feb v 9.10 Mar 8% Feb 31- 105 6,822 14 14% 16% 17'A ~ 105 14 29% 22% 100 37% ,w~260 35 > 1,335 475 ..IT... Jan. Jan ■ - 31% Jan 17% Jan 36 . ... Apr ' Feb 241*2 May *10 8,722 23% Jan 32 V8 Feb 17 18 2,240 27% 660 Jan Jan Feb 26 13% 22% 22% 26% 31% Mining * Feb * Smelting 1^0 138 143 % 2,117 126% Jan 22 a22 a22 % 1UU 16% Jan a * 99% May class A 101 Mar 154% Feb 26% Feb & Seal Co_. Bridge Glas# Tar 27% 17% Feb Jan 37% 190 32% Jan 17% Feb 38 May 30 i 9,585 - 30% Apr Feb 27% Apr 55% Jan 34 Feb 67 Jan 21% 23'/a Apr 61 common—• Redeemable preferred Textile common Donohue Bros Ltd 98 May 102 Feb 105 64 Jan 80 Af>r -30 % 500 30% May 1-37 ■ 1,051 110 - 481 - 40 Va Jan 35% Mar . 27 % Jan 13 % 175 12 Jan 39% Apr 14% May 32% 34% 2,120 32 Feb 36 % 20% Jan 22 13 Jan 16% 5,044 15 a20% a20 % 14% - 14% 14% 4.610 • 35 % 35 36 530 29 Jan :—-* 34% 34'/a 34% 10 29 Jan 7 Paper May 13% 33% 23Va • 53 25 74 35% 36 Jan 98 30% —-^.20 51% 72 72 a23 49% 50 * 64 a23 61 . • com. Dominion East Kootenay Jan 11 27% 25 — Chemical 10% 336 98 preferred eommon & 25 % 1,545 37% — * 125 13 12% 27 —-* —— 6% 27 12% 12% 7 313 5 Jan 7 435 20 Jan 26 -.39 * 36% Apr Mar Feb Feb Apr " Power Feb Eddy Paper Co class A preferred—^.20 Electrolux Corp 1 Enamel & Heating Products.. . 22 22 23 al5 al6 27% a!5% 27% 755 14 Jan 40 25 Jan 19% May Apr Feb * * 23 Apr Feb 50% Feb Famous 72 Feb Fraser Players Canadian „.21%. Apr. Co Co of 30 Jan 33% Apr preferred Gair Co preferred Apr Jan 105% Jan Gatineau 13% 17% Feb 16% Jan 18% Feb 5% Power * t 16% Jan 13 a40 a42 155 34% Jan .50 ' 56Va 56 59% 3,973 38% Jan 17 al02 -100 common 17 a40V2 * ,.100 preferred General Bakeries Ltd 17 * — 4% 7o 105 Corp Canada common * 102 * .* 1 a95 3.50 a95 15 18 Va 19 y8 3,611 103 103 Va ,18% -100 " a 1,080 75 3.50 3.50 1,050 101 , 95 Mar Feb 17% Jan May 103 2.45 Jan r Jan Mar 28 Jan Jan Jan, 27 :?7 -9 92 . • Coal Foundation 31 *31% 105 74% Feb .. Apr 100 • preferred Dominion 220 78 26 Dominion Steel * Coal class B_—.—25 Dominion: Stores Ltd * - Feb 15% ' 125. ■; 7% ■ Jan 100 — 7% 29 23% 26 .' 25 Seagrams Dominion - a23%a24% • , ^ May ' * 39% Mar 21 .; May 12% Cork Dryden 100 —100 common A 6% 24 28 % 100,, Railway Dominion Foundries & Steel Preferred —* Feb Feb 32 • 5 a31%a31% , Feb 35 130 —* Uigh , 50% ten • 50 81 • Dominion 9% Apr Jan 900 .. 34% 100% 100 B Dominion Feb *21% a21% * Crown >415 2,610 a7% Plow Distillers ' 4% Jan 19 33 . Apr *^'37 81 Vickers Class 54 36 .. Rang* Since January 1 ■wJWU- a7 V4 Consumers Glass Corby (H) Distillery Feb Shares Low Jligh * Consolidated Textile Mills 13% May 90 •54 % .17% 32% 40 7% Jan 1,055 6,532 32% 8% 9 Jan % May 31% May 41 % Mar 7,209 —— 14 Priceis *1M -for Week 56 t Consolidated of ■k* », "Sales 53 25 Cockshutt Feb , Week'a Range 20 common Locomotive Canadian Jan 26% Jan 54 7.50 • preferred see 85 7.30 ,—* Canadian Car 81 Foundry For footnotes 13 85 97% -25 jpreferred Canadian Pacific 35% Feb 107 Jan 32% 50 - Class Apr 7.30 ——20 Canada Canadian Bronze Mar 12 32% • preferred Canada Wire & Cable Canadian Breweries 105 Jan 5 Canada Canada 8 Jan Jan :_* — Dredging Dry Dock Co Ltd class A—* Canada Cement 9% <28 • v 25 :: — Canadian Oil Companies common 5 7<> preferred Feb 12% 23% —* Products 102 6 7« Cottons Canadian Feb 21 50% 23 - Building 10 39% » — 102 39% —• _-— 340 23% • Ltd 18% 102 —25 ■ Bathurst Power & Paper Class B 8% 91% Mar pfd — ~>22 % May «)25% Mar .6% May 18% Apr • Amalgamated Electric Corp— Argus Corp Ltd common— 4%% preferred Asbestos Corp Canadian 19 % ,'Apr .hjj 24% Jan r —_—* Aluminium Ltd B ■ 18% • seriea^PWttwed 81i60Asertes; preferred Range Since Jan. 1 18% — Aluminum Co of Can 4% Class 28,257 Sale Price -*F«r*v Canadiaat.Converterssfilass. A pfd • common Agnew-Surpass Shpe Al^oma Steel —_-r-— Mills 20% ■ ' $1.75 High 19% • Last Canadian Celanese commnn—.—i r.'l<y;.MV ■ Shares Low — Bruck * 20 Sugar J 1,20preferred preferred —-———100 class A • % Bell fee Week STOCKS- ; V/ : 64% Feb Feb Apr 193.; ..Apr. 96 Apr 20% Mar 108 Va Jan *. Volume 173 Number 5013 . . Commercial . The Ur 39 (2121) CANADIAN LISTED MARKETS RANGE Friday Week's Last Ran^e ■ .\ General Steel Wares : ' , of Prices Shares Par ' Low r * common Holt Renfrew 7% common Hudson Bay Imperial Paper Mining Oil & Canada Corp $1.60 preferred , 6% preferred International Nickel of 1% preferred International i_' . Paper Ex stock Canada common Power Laura ,Secord Export class Jan 25% Feb Apr 7% Jan 27% May 33% 28'A 98 6% 34%.. 98'. • , 250 -■ 55% 54% 56'A Celtic Jan 35 Apr 37 26% 27% 670 al03 aim 10 23 Mar a 47 19 "31%." 225 • 19 .31 2nd 143 21% 260 * - 23% 143 • Series Sheraton Sicks' a 10 a 18 5 .. •: a— 2''!' 24 14% Simpsons • •' r 14% : 4%% ■ Standard 5% Walker '• •,,1< 1,'—' 5% v . Jan 27% Apr Ford 28 Apr Freiman Ltd 16% Great Feb Paper Horner Jan Hydro-Electric -19% Jan Journal Jan Jan 32 Publish Class Lowney Apr 37 Jan 50 8% Jan 9 Ltd,. (Walter 8% II,795 71/3 21 1,1.94; 25 Jan Feb McColl-Frontenac 29%- v:,.930 ; 51% May 56 Feb 17% Jan 27% Apr 1,305- 61% Jan 83 26 926 20% Jan 27% 33% 7,485 95 75 250 m 210 95 2.00 2.20 52' Jan 100 Canada Minnesota 20% Jan 25 Feb Feb 14 25 2,759 ' Jan 12% - Jan 100 t . %, 'r 45 10'A Jan 49 Jan May Ontario Corp Paper - .... Scotia Lt & Power 60 60 56% 231 . ; Jan 60 Feb 39 36% 3,352 43 43% 845 43 May 47% 10 50 Mar 52 Jan 31% Jan Class Ltd Canada 301 20 Jan 21 Apr Standard 275 Jan 21 Feb Stowell al9 50 18% Jan 20% 34 50 31% Jan1 38% Screw Co Ltd 6% Feb Transvlsion-Television 100 Jan Union .. J.7%, —■—< 20 Feb United 26 26 116 25% Feb 27% Jan 12% 13% 3,190 11% Jan* 104'A 104% 235 96 Feb 131/4' 104i/2 32% 32% 34 1,355 35 35 35 350 14% Apr 104% May 30% Jan 35% Jan 30% 36% Jan Jan 13 13 10 13 540 common 775 54% 20 25 18 25% 36 Jan 99% 60% Jan Jan 41 1,819 10 13%' .11% May May 250 100 13% V 14% Feb Apr 20 -. 40 • Apr Jan; 2,400 20 100 40 V* 8% 21% Apr 51 a25 a25% _100 12 4,2->5 53 53% It- 23 . 570 13 26% 22 20 20 20 V* 25 % 25%'-27%. 26 1,046 100 27% -10 — 40% •'* 27 20 1,762 30%, 30% -10 27 23 : • ll common preferred Ltd 11% preferred \l Canada &-Dominion Sugar Canada Malting Co Ltd _• Sales 19 V? * 4.50 Feb 28 Feb 36 Apr Jan 32% 46 Jan Apr 31 . , Feb ' . s. / f < _ . 4.50 9% 50% 150 51%- 4.00 4.50 107A 11 9% 33,245 116 Dredge St Dock Co Fairbanks-Morse Co Ltd 1 Jan 47 Apr 16% May Mar 3.25 280 9- 123 .• May 52 Apr, Jan Feb 14% Jan Mar 1,416 9% 43. Ltd Jan Feb 51 52% 291 50 Jan 52% May 30 30 75 26% Feb 30 Feb - 28% Feb Apr 550 16.- ,. 550 14 Jan 17 Feb 290/ 11:. 16 33' Feb 25 JA ■ 24% Apr IO'/b Mar 11 Apr 20 Jan "11V2 Jan 17% 17% a20* a20 108 20% 25 a7 5%'. 100 8% 9 109 109% Jan 4% Feb 8Vu Feb 7% • Jan 8% May 885 -21 ! 7% Mar - - Apr 17 Apr 43 107 Apr 115 Jan 54 54 150 54 May 57 Feb a4.00 10 12% 12% 20 11 Feb 12'A May 24 100 20 Feb 24 118 Jan , 4.00 Mar 4.00 Mar May 120% Mar a4.60- 50 a 34 50 13'A Jan 14% 19% 25 19% Jan 19% Jan al9% a 22c 24c 11,700 20'A 20% 825 29'A 50 22c May 17% 29% 40% 130 34 Jan 42 Feb 28 225 24% Jan 28 May 12 385 17'A 312 al8 al8 al8 12 a9% alO 100 9 Feb 10% Feb ' 39 39 225 27 Jan 39 Apr Co Ltd 2.70 19,000 73c 80c 47,800 2.03 2.20 13,100 Mines Base Mines Metals Beatrice Belle Ltd Mines Ltd Mines Gold Gold « Ltd Ltd— T Mines Mines .1 Cartier-Malartic Ltd — 12 18 Jan 18 Apr Silver Mines Ltd Willans Gold Jan Dome Feb — 4c 4c 3,000 3c Jan 27C 6,200 24c May 55c 2,COO 40c Mar 66c 26C 46c 800 5%c 4,500 24c33%C 9,100 — 33 %c .1 5c — 6%c 3y2e Jan 5c 10 %c Apr Apr 74c Feb Feb 5%c Mar Jan Feb 6%c Feb 8c Jan 41c May 5%C 2,000 3c Jan 14c Feb 1,000 6c Mar 15c Jan 3c 3c 3c May 7C 8C 2,500 4c Jan 18c 15c 18c 13,300 15c Apr 75c Jan 4C 2,134 1.18 1.26 6,300 1.70 1.70 700 54c 53c ,58c 33,400 .1 7c 7c 8c 7,500 4%C 5c 6,000 17 y« .1 1.20 6%c 1.70 a' Ltd Mines Donalda Mines East Sullivan 18 500 1.70 May 53c May 7c Feb 6c Apr 11c Mar 32%cM*T 1.30 1.85 72c Ap* Jail Jan 10%c Feb 3%e Apr 5%c Jan 16 Jan 20 Feb 50c Jan 55c 56 %C 1,500 65c Feb .1 1.08 1.08 1.08 2,500 1.01 May 1.16 Jan .1 7.70 7.60 7.90 8,100 7.50 9.50 Jail 22c 3,600 .1 Ltd Malartic East Mines Eldona El Gold Sol Gold 23 Jan Fontana Golden Mines Ltd Mines Ltd Ltd X. Mines Ltd Nickel Mines 55c Manitou 20c. 1 6c 1 Mines (1945) 5c 1 Ltd Mines 10'/a' Ltd_——* Ltd 1 8.00 5 12% 20<?, Jan Apr, 6c 1,000 5c Apr 10 y8 100 9.25 Jan 5c 500 3%c Jan 3,650 6.00 Jan 7.60 8.10 11% 12 % Hollinger Cons Gold a 27 V* Jan 50 V* Feb Hudson-Rand 50 Jan 63 Apr Mines Ltd Jan 6c J an 13 12 %c Feb Feb 8.15 May Gold Mines Ltd 1,015 10*% Jan Feb Joliet-Quebec Mines Ltd 16% Feb Feb 1 2lc 20 %c 21c 2,000 12c Jan 38c 1 Jaculet Mines Ltd 25 32c May 215 Jan May 8c Jan •c 1.00 May 8c . 46c 1.18 — 7"%c May 4c Feb Mar 2.40 Mar 300 .1 Cadillac 83c Jan 2,000 .1 Cortez Explorations Ltd 3.10 Jan May 60c Ltd— .1 Mines 2.00 1.00 3%c 1 2.50 73c 59C -1 — 223 21 Feb Feb Jan 1.00 5c Ltd— .1 Mines Cltra Lartic 45 91 13 Apr 16 15 , 59C 46c .1 Century Mining Corp Ltd Lode 2,000 2,000 3%C .1 Mines Gold 8c 5c .1 Ltd Gold 77/a .1 Ltd Mines Ltd Mines 2.50 4c — ' .1 Ltd' — Mines .1 .1 j Lake 2.62 .1 Mining Corp Ltd Chibougam Bob's Lake — 1 Ltd Red Rellekeno Ltd (1937) Gold 61% . Feb Feb 27 78c 61 . 35c 21% May Apr 29% May 25c 25c 29d 10,300 23c May 42c Jan 3,600 49c May 99c Jan - a23 a23% Feb &9% Corp 44 _ Jan 24% 25 May 6.00 12% ; May a4.60 General Investments 257/« 784 27 C) Central Jan 20 ■ 2,070 26%: 9'A May 610 # 30% 25 Apr Feb 12 Consolidated 5.50 20% • 29 29% Candegc Mines: 20 — com 23c Ltd Consolidated 20 : Canadian 1.45 May 2.12 Falconbridge .. Jan 17 Breweries 20% Mar Feb 96 1,235 _ Ltd Feb Jan 536 10%- 14 7% May 125 15%' 4.00 1 90c .e Cochenour Jan ":wmm V A High 13% Mar 4 14% 13% *'"10%;. 5 200 .1 Cobalt Range Since Jan. 1 9 100 all V?" 51% Ltd 3.50 1.55 .1 Metals Feb Apr . 3,960 r 7%, 111% 51 Jan May ' Co., & (J Bouscadillac 20,960 14% , • common Butterfly Hosiery Co Ltd_l • Bouzan Gold Mines Ltd * - -2.70 Ankeno Mines Ltd Barnat 21% Low " 12% 17% a9 % . 200 Mining Stocks— Athona . ^ * 13% 12% May 75 3.00 Anacon Lead Mines Ltd Feb 26% Shares 7% 114% 94 86 3.00 - Woods Manufacturing Ascot 39 .3,396 High * Company 86 Jan 39% Canada Wilson Feb 27% May. -.235 23 of Prices 4.50 Brown 98 119% 119% _• Westeel Products Ltd Apr for Week* Low all May 10 y2 Jan al4% al4% 100 Ltd 20% class einta v%*> Watson, (Jack) Jan Apr 30% Range 8ale Price * 105 Jan 14% May ' 24 -- B .1 Feb May 25 2,005 41-. ; Week's Last Ltd 121/* 18 V Jan May 14% Canada Corporations Class 46% Canadian Funds Columbia Packers Ltd class B.ji 12% Apr a4.00 54 United Distillers of Canada, Ltd 100 Mar of Gas Western 22% British 9 109 • Ltd Jan • 92 a7 A (Can) Apr 19 18 Vs 35 5% pfd class 98 * 92 15% Feb 13 Feb Power 5 B___. 14 ' Apr 1.55 " com. Paving & Materials 18% 10 % ■- 65 May 16% May 100 11 common 21" : class —1 16% Mar 86 15 (Can) a20 * common 50 250 14% a24% a24% A Reitmans 15 • al3 16% Jan a50 al9 lV/4 / al3 16% 3.00 , al9 * 13 12'A • a97 % a97 % .5 Jan a— a— 92 a 16%- Corp of Can 6% 1st pfd—100 participating 2nd preferred 50 Quebec Telephone common 5 * Co 13 i Jan — alD r, 3.75 Mar —- 49% 10 Ltd 19% * ■ Feb .5.25 a— 230 r 21 -_10 a— 25 Apr \ Apr 10 % Mar 11% Mar 25 60 6% May 35 a ._10 50 a9a9 May a50 13% 12 Feb 3.40 59 25 Paul Service Stores Ltd 1 , 50% Apr '48% ,10 Feb 3.05 Jan 59 Power X -t Jan - Feb common 140 12>/2 * May UV2 29 Orange Crush Ltd Feb Worts: 900 Feb 95 % May 8% May „• Feb 70% Jan 47 a9 *4. Nuclear Enterprises Ltd Jan > 4.60- 3.10 ■? Jan •30 ■ 216 3.65 15% May 91 % Mar ' 105% • 49 Feb 33 - 1 Jan common 10'A 8% Mhy Jan Jan 1.50 Jan* a9 * Light St Power 101% 58% common \ 175 12% Co ■ Newfoundland 947 * 67/a 380 4.50 __ ^ 103 35 1,879 * 3.65 __ ^ 102% 43'/2 83A Apr 350 Ltd Co common 96; - 47% 10 10 21% • 47% 33 12 50 43 Feb Jan 29% May . 3,787 95 83A __ 100 10 Ltd 20 103 563A 47% __ * Power Mount Royal Metal Co Ltd Mount Royal Rice Mills Ltd Nova 103% May 28% Mar 15 i-"V & & Jan — 52 16% 28 4,500 ^95 __ 13 Apr 14% 4% Preferred 21% May % of Moore Jan 18% May 317 44 % Mica 25 -V 4,115 42 Light Mar 16% >. Mexican Apr 101 - Oil Jan 99 ' Jan 15 Mersey Paper Co Ltd Apr Feb 36% May 14 - 10 / ^ -27% Mar - 824 20 9 385 2.10 Apr May 10 . 125 al5 • pfd: Distilleries Ltd 6% pfd Melchers 13% - al33A __ 32 -97 ' ' — Jan com 7% 29% al33A< X— Limited • 293 com__10 19 —100 For footnotes see page 29 Apr 40% May 14% Maple Leaf Milling Co Ltd Maritime Teleg & Tel Co Ltd 12% Par Canadian 29 32 Apr -43 • Southern Collieries Apr 165 28 ... Jan Jan 14% Maxwell 19 Friday Can 300 11 Feb 30% > 20 STOCKS Canadian 12 11 22 y2 32% • MacLaren Power & Paper Co 20% Power Co M) Feb 88 Corp Starch 12 11 1 Feb 100 • Canada Jan 12 " Ltd—_* A 85% 95 43 -10 Ltd 41% 1 Co Bordulac 2nd Ottawa class 32% Montreal Curb Market $3 of Inc Jan 34 1st Jan 4.50 Jan 19 100 convertible Jan 37% • 70% 13 J/2 „10 Burnett Co (Alfred) 40 : Brand ram-Henderson 73' Corp B 100 i Ltd Jan 175 1,490 * 27 al4 al4% 20 Ltd IK 95 39V2 31 43 155 9,466 . Feb 30% B Stores 5 95 • A_ Jail 39% • com 1.20 May 39% • A Jan 80c 6.00 39 100 class Jan Apr a25 • Jnterprovinclal Utilities Ltd ' W) Securities Apr 1.75 May 36 al4 " (Frank 16 % May 13 a25 ♦ Feb 18% 4.25 Feb 51 ;. Ltd Feb 36% 10 Jan Bonville Gold $5 Co Ltd Feb May al3y4 __ « Co 207 Scotia - a25 • class Feb 36% •*.' pfd_ 28 22% 175 50 Fabrics Products Ltd 45 • Insurance 88 _ Steels 4y2% 20 Royal Auto 1.00 * A Canada a20 Montreal Belgium of (A J) 20 Power Development 1.00 • 28% May 50% Jan 1,192 1 J- ^ 2,125 • a20 Imperial.— Atlas class common,..* common . 5.00 • "A" preferred Halifax 85 a22 % a22% * certificates -s 4.40 1.00 Feb 30% *r . Anglo-Nfld Co Co Lakes Band-Ore Canadlenne NOva Motor Apr 29 49 common 5.00 * Linoleum 6e Apr i * Jan Banks— Commerce Grain Jan Mar T4% 20 Ltd Jan 31% 24'/2 50 16 12 24 % 21 50 Jan 53 Apr 34% Jan 81% 16 *34 Mfg Ltd 75 261% 4 Jan 27% 80 aig Jan 1 19 24% * preferred ai9 Mar 11% 26 13% 9 165 52% Apr 16 2,495 53 12% 97/a 14" 117 Apr 80c 28% 80 % 4 112 100 11% 29 al2 al7% al7% 12 % 12% • 60 > a8 25 21,025 500 Fanny Farmer Candy Shops Inc 3,276 34V£ . 25 112 1 60 Eastern Steel Products Ltd Fleet lA%.Mar f * 8%' ai4 112 1 60 David St Frere Limitee class B Dominion Engineering Works Ltd— Oilcloth May 45% May 3'A * Consolidated Lithograph Mfg Consolidated Paper Corp Ltd Dominion Jan 9 al2 * common class B 25 630 21 26 y2 Ltd Zellers Ltd Ltd 25'A May 100 23% pfd—&™__100 preferred Feb 4.40 ai4 "I • Feb 38- 71% f 19 class A__ Winnipeg Electric Jan Preferred 15% 13% May 24 95 ; new 6% LPA 83/a « 28% ' al4% — (George) Jan Commercial Alcohols' Ltd common Consolidated Div Standard sec A 28% May 72% * St 26 '/a 11% • Gooderham Wilsils — Jan 310 34% . 28% * common Cotton Weston a— — Jan 5 Steel Jan 28 It*' a3 • Thrift Stores Ltd Wabasso 2 ~~ 3.55 May Jan 15 19 50 % 1 Preferred United 16% 175 25 • Canada a44 Dominion Structural Steel Ltd 14% May - 210 • . Chemical of a44 Dominion Woollens Worsteds1 Donnacona Paper Co Ltd Mar 25% 25 20:,/s — *-/ preferred Co Jan * Jan 11 a58 a58 % 20% • common Canada 3% • « . common Southern 200 * Products 1 class Mar I,305 9 class A Jan 3,175 28 16% a58V2r * common preferred 14 3 35 '9 Preferred 16% 100 a33 50%> 5 common Press; Co Steel Ltd Gen Adv 17 22,205 25% 17 ■ * Southam May 120 3 55 100 Steel Neon 15% Jan '• 1,005 v 13% 26 ' 1,025 24. . 12% • 2"^:' / h- * - preferred trust 12 12 % I • ' _100 Breweries Voting Jan 19% Jan 25% 401 4Vi% Ltd 28% May May 18 Products Jan 15 a32%; 100 common 4% A B 12% • com_* l 37 14 27 _• 1st Feb • 156 50 U:: Ltd Paper preferred 90 100 Jan V 100 23% ; *"■ A__' Corp Lawrence Jan Feb 101% Jan 14 23% 23% . Mills 70 Cs May,. - , 28% ID *101% Jan 18 " class Chemical Flour 20 Federal Power Class 21%May Jan 101% - 15 Vi a ^ Shawinigan Water & * , May 14 alO preferred 2nd Apr 60% Jail' Jan 15% 'MH. *• com Transport Lawrence St 144 Mar 47 150 32 143 : 1 A__ 4%% 88 Knitting Co Ltd Lambert Corp preferred Jan 33 Mar 42% Feb Jan 13 103 13% Mar Jan 138" 2,915 13 20%- Jan 52 47 ; Ltd 180 common B Chatco 20% 3,553 . 19 100 common™ Lawrence St Class Feb 8 380 - ' Power Food 100 tijk 1st Catelli " Jan Apr com Lumber 37% 171 • Western High Jan ~~ ~ 6 * Company Paper Inv Ltd Cassidy's Limited 7% preferred 33 al65 preferred May 31 250 47 Royalite Oil Co Ltd Bt , 881 ai65 __ 25 * preferred Saguenay 5% Low 3c y, ~~ Jan 4,343 Weaving Paper Apr 62 23- 130 37% 12%, Mills Knitting 110 605 . 5 Co Jan 35 27% * a6% 37 25 Mines 67 '"55% Mar 225 98 27% • Car Wire 23%"- a6'/2 1 -1-'"' Ltd Trust Range Sinoe Jan. 1 High 341/, Feb 23% " 37 x Steel Rolland 13 143% 143% Power Corp of Canada Regent 39% Mar Apr Apr c___ ; Flour Quebec Jan 11 common new __ & 27% 1,985 * Breweries Bros 6,192 11%-.. common Page-Hersey Tubes Placer Development Powell River Co 4% 37% 11 Vs * Steel __ Provincial 36% Inv Pow & Shares 100 Marconi Canadian Apr Canadian • common preferred National. Drug St Price 2,821 5 7% Noxanda 58 37 pfd_100 Montreal Locomotive Montreal Telegraph Ogilvie 905 55% Inter Canadian a— 125 Apr 1 Montreal Tramways -XL. Niagara 125 11% * National a__ 25 100 3 W) Preferred 12 125 • (John A) Corp Ltd National Canadian 22% Corp Structural B Feb * Ltd— _j Breweries Class 19% a25 55%' 7.50 McColl-Frontenac Oil Mitchell (Robt) *■' Jan 22% 1 Massey-Harris Molsor. 12% 12% ■»'. Class B Mailman 476 r Co Utilities Lang & Sons Ltd MacMillan 14'/2 95 «*• 100 preferred MacKinnon Apr ' 12 Lake of the Woods common Lindsay JC 27 32% com __ Jamaica Public Service Ltd 1% Labatt Ltd (John) 1% Jan * distribution International 21% 32 com International Petroleum Co Ltd International 7% Jan Claude Powders for Week of Prices Low • 3.210 25 — Bronze 52 % common 26% 100 International Apr 125 • com— Par Canadian Industries May preferred Canadian Ingersol Rand Co Ltd \ 96 £i $5 preferred 23 14V* 25' preferred Industrial Acceptance High ■ Jan Sales E5» Bale Pries a25. ) 1 5 com 6% , 49 V* 141/4 • of preferred 18 25% * Smelting Low 17% 15 25 % • ; Ltd Imperial Tobacco 4% common High 80 loo Smith MAY STOCKS a48a48% ——100 preferred Howard ENDED Range Bines Jan. 1 - a21% a22% — Goodyear Tire 4% pfd Inc 1927—50 Gypsm Lime & Alabastine— * Hamilton Bridge • • WEEK for Week Sale Price STOCKS v. FOR Sales (Un) 1 50c 49c 53c The Commercial and Financial Chronicle (2124) Monday, May 21, 1901 ... * " — i 40 ,1 Mm . ■■ — '■ ■■ ■ ■■ CANADIAN LISTED MARKETS — Last STOCKS Range Low uanraaur mmuig c* w 16 200 1 6.25 100 Bagamac 19% Jan Banktield 9.50 Jaa Bank of Jan Bank of Nova Feb Bank 8.00 34c 29,000 30c May 1 loc loc o,o0U ,15c May 3c 3 VaC 9,500 3c May 6c Jan Barnat 3,500 18c May 33c Jan 35c . " .—1 3 Vac ._1 of Base Macdonald Mackeno Ltd: Mines Mines Ltd' * *-—1 *— Mclntyre-Porcupine Mines Ltd Merrill Lsland Mining Uorp Ltd Mining Monpas Mines Montauban New Ltd Calumet Mines Hew- Formaque Goldvue New Pacific Coal O'Brien Gold Pato Cons Percticourt Pitt Gold Gold Quebec Fields 58,000 19,009 35c 21c May ' 45c Mar 45c 1.62 134,800 99c 7,500 21c Jan 3,600 ". 2,400 1,538 1.18 1.14 3.10 ' 3.05 Royrau Gold Fields Ltd Shevritt-Gordon Silver Miller Hiscoe Gold Mines Mines Gold 1.65 Rock RnUivan Iron Cons Sylvanite Mines Mines Jan 2,000 12c May 4%c Feb 6c 7c 231 it 24 200 23 '/a May 2 Vac 3c 600 2%c lOViC 5,500 36c 29% ' m. Gold Mines Hughes Gold Tobrit Silver Trebor Mines Mines Ltd. 18,200 2.90 500 1.03 18,900 60c 4%% Mar Jan 200 55c Jan 4c 3%c 7c 4,500 7.75 2.90 3.10 ; Waite Amulet Weeden "Wendell Mineral 7,400 1.90 1.88 1.88 9c 9c 1.000 1.00 1.00 1.05 8,800 94c 11% 200 10 % 7c 100 v 10% Lake 39c 11.400 33c 29c 14,500 28c Oil 21c 7,000 20c Co J 74c 74c 5.90 5.90 6.00 2,750 3.10 3.10 3.10 200 12 y4 11% 12V4 1.10 1.10 600 5.90 5.75 6.10 4,900 — Calgary & Edmonton Corporation Ltd-* Calmont Oils Ltd 74c 1 Petroleumk Central Ltd Explorers Central Leduc ——— 62c B - — Oils Ltd JJelcalta Oils Ltd Federated Gaspe Oil O Ventures Co Ltd ——. Ltd 2.20 22,250 2.20 ,>00 2.20 8.80 _ 1.87 1.95. 2,700 14 15 5,57b 14 16c 19 %c 8,500 16c National Petroleums Corp Ltd, British & Dominion Oil * New Okalta.Oils Omnitrans Ltd Exploration Pacific. Petroleums Pan Western Ltd. Oils Ltd 1,700 Ltd III -— Ltd w-. <« Co Ltd Co 1.00 300 96 Va. 8c 8%c i5 V4 14% 14% 15 30% Jan May 101 Mar Jan 16% Apr 9 Va 1,620 9%c Apr 13% Jan 16 % Apr 28'% Jan 32va feb" 295 29 Va SO 5%c Jan 460 29 V2 A— May 94 ,. 8,260 14% 1,875 4% 5 1.16 1.03 1.20 9c 1.25 1.35 2,900 21c ■ 2.5UU 1.35 ... 24,100 9c -1 Jan : 6.50, FebV Jan 4.10 70c 1.20 May 12c b 72 c Mar 1.20 Jan 1.70 Jan Jan 32 Va 33 Jan 35, Feb, 19c 20c 29c Jan Lake Building Products Bulldog Yellowknife Bunker Hill Burns Class Feb 17c May 6c May Feb 12c Mar 6%c 8c 3,000 20 20 20 235 18 Jan 23 Feb 50 50 130 40 Jan 51 May 35 35 35% 155 28 Mar 40 7% 7Va 7% 635 6c 7 VaC 24.300 * / — 7% Apr 8% Mar Jan Calder Bousquet 3c * class A Feb 31 450 * A—— — Feb 803 .. Jan * 1 -—--—-—— class B Burrard Gold „—— Co & * 1 —— Apr Calgary & Apr Calllnan Flin Flon Jan Calmont Oils Jan Calnortb Feb Calvan Edmonton 6.t>5 13 Bread B Canada 1.97 Apr 10c 7.50 Jan 13 Vs May : 5c Jan 80c 5,130 Jan 167,850 13,808 Apr 1.06 Jan, 1.43 Apr 32c 20c 2,500 5.75 6.10 101,374 1 2.85 5.75 2.90 • 3.05 3.05 3.05 —t—50 common 50% 50% 50% 65 65 69 790 53% Jan 27 27% 200 27 May 29% 50 25 Mar 27 6 Jan — —— • ——--20: I8V2C May " Feb 18 Vac 5.85 —.— Crushed Stone Canada Foils _—* common Iron Foundry Canada May 6.10 May, 2.10 Jan 3.00 Apr 50 . Apr 2,300 v 4.80 2.75 Jan .4.75 Feb , . , 49' 5 Malting '_v Canada Packers class A. Power • ; Canada S Canada Varnish Wire Lines S — 11% 56 Jan Jan • ... ,, ; Feb v 75 • ' - Jan 46 % Cable class Apr 22% 75 50 Jan 54 11% 115 11 Jan 43 215 40 Va Mar 45 'Apr 34% 35 555 32 39 Apr 105 46% 46% 46 % 50 46 46 Va 25 B_ May 9 19%.. Jan 42 : - —20 preferred— preferred— & 51 * Canada Permanent Mortgage Jan 100 1,460 21 Va B 18% Mar 8 21% 35 Feb Class 27 8 51 Canada Northern Apr 27 21 Vn * 10 — Feb 8.90 Mar 23c 1.13 1.10 Jan 6c May 2.20 May 31c 33c 1.00 V 12% ... 1 Ga£._ & preferred Preferred 1.29 Mar 2.70 11% 25VaC * Oil Canada Cement common—— Feb 12 29c 1 Oils Cons Class May * * 17% 17% 70 71% 71 * 12% - Mar Apr 54 - • Feb May % Feb Jan Feb 60 43% Jan 25 15% Jan 18% May 385 • 61% Jan 76 9 Jan 50 ■ Jan 2.92 May Jan Canadian Bakeries 1.73 May 3.00 May Feb Feb Bank Canadian 4V4C . Canadian 7.80 Jan 10 Feb Canadian 33c May 49c Jan Canadian Car 7,875 85c Jan 1.60 Feb Class A Apr 2.05 May Canadian Jan 1.20 Apr 10 25 26 1,150 10 21 5,552 17 1,760 24 Va Jan 13% Jan 27%. • common 29 14, 28% — 10 25.;: Mar 193« —^ Commerce- Canners 51 10 25 207/b — of Breweries 2.000 1.15 2.05 2.05 96V2C 1.07 1.05 Superior Oils Ltd— 1.05 t—— 95% Feb , 78 Mar Feb* 21 % May * 14% 480 17 16% 17 Va 410 16 55 56 430 50 % 21% 50 44 45 Va 4.00 17% Jan 21% 29Va May,, Jan 55 14% ( 28% • Jan Feb " Ltd——,—— — 96 Va Feb" 32 Jan* 29 •; .. . 1 6.10 Jan.. 3c 400 33c, 33c Zlx Oil Oil 0,500 9.40 9.15 - „. Phillips 3c 3c 185 • Jan 2.08 285 Feb 3.30 May May *1.24 400 —-■ Selburn ) 1.000 1.68 2.61, 1.85 1.60 . 31 79% Apr Jan 34% 9c 75c 1.70 Jan 1.85 1.58 2.61 * ..>00 r— Jan 38c 1.48 Jan , May - Jan Jan 1.45 14 % 29% 78 'm—mmimvmtT class 17c 28 Jan 9c 25 — 31 8 Vac 27%, Feb 6,437 • ... 31 A_ Jan 51,600 14% 33% 9c 33c Jane 14c 14 • class 22 May May 6.15 200 . . 15% Mat 5c Apr, 23c 500 25q 8.80 16c 14c Jan 18c Apr 1.85 1.95 III v Jan 14% 6,928 5 Canada Oil -iome Long Island Petroleums Ltd May 8.00 1,500 Jan 4.90 237/b 23 32 % V; 1,000 79% Porcupine 45c ; Jan' 91c 25c — 47c 30,400 Jan 8.90 300 8.80 —_L Petroleums Ltd Jan 9C> Jan Jan 5.52 May 22c 2.80 Mar 2.20 * -t*. 15%. 100 pfd-. - Power 14 V2 May 4.75 2.10 — 15% 100 Canada Calvan 5c 6c 1,235 5 Va 1.00 May 500 • Ltd Ltd— Feb 52,350 14% Packers 46c May 1.04 * Oil Co 67c 45c 7,000 35c 5.75 15c Forest Products- Columbia Canada Anglo-Canadian Atlantic 5%C,. 5c 24c 5.55 32% common Buffadlson Gold Stocks— Ajax Petroleums Feb Feb Jan 3.900 -25 1.20 May 20c Oil Campbell Red Lake Oil 53c — 20c May 28c: 50c 23 —1 — G) 15 % Jan 11% 1.00 20c 23 21c 18c Mar Jan 33c i Jan May 20 V« May 5% 2.20 May 11% 1 58 ' 51 10 V»c May lG.xuo- 1 Jan 1.20 Light & Pwr com_* Buffalo Ankerite ,"2.25 May 1 Jan * 1.12 May Products Feb 7c Canadian 2.11 Mar Minerals Ltd Western Ashley 58c Red 100 Yukeno Mines May Buffalo 500 39c 40c 3V2C May May- Buffalo 1.12 1 54c Jan 2.25 —• Jan Jan 1.12 11 Mines Ltd— & Copper Corp Pyrite Fet*. 6.50- Feb- Jan 33c May ; ' « Jan 70c • Jan 2.25 — 12 44%,Mar Mar" 45c 100 20 Va. 12c 15%r. Class B 3.70 Jan 1.12 May 1 30% May- Jan 10% Jan 8.10 1 * 12c May 7,600 7.75 2.98 35c 500 -—1 Feb- May 45c May May 1,600 7c ; 1.85 1,000 ••• 85c 10,800 New 20 — Celanese preferred Canadian —- ... common—. "25 ——- * Dredge • 19 Mar 21 Feb -;23% Jan Feb 51 27%, Jan 510. Feb 68 - ' i't'JA.,-. bioO Friday Exchange Sale Price bB9j TTOTtBS' Canadian 8% Shares 5% Range Since Jan. 1 Abitibi Power & Paper $1.50 preferred Acadia-Atlantic new New Acme Gas & Yellow Knife Alberta Pacific American Cons— 10c 71c 90", 11O.700 55c Apr 93c 1.00 8,560 93c May 1.42 3.25 3.25 100 May 3.25 May 50c Centremaque 95c 42c • 42c 500 pfd— 32% 35%- 5,895 28 94 94 97 V« 2,020 91 23%' 465 23 May 16c 1 Jan 1.24 * — 13c Feb Chimo Feb Chromium 29,400 61,350 5.70 6.10 13,065 10% 10%' 72 %c 11c , *i i —* *L B For footnotes see page 13% 20 7,800 20c 9%c 9%CS 9%c 10c 5,000 2.01 2.14 2.22 43. 75 Jan Chesterville 50 40 10 101 18 17 18% 1,390 16 16 100 155 ————— Jan 102 ' Mar 32% • 46 Mar * ^ Mar 102 * class A . Feb May 103% Apr 13% Jan 22 Feb 14 Feb 16 May 29 29 30 170 27 1.20 I.900 109 Jan 2.65 2.80 1,600 2.20 _ 2.10 2.26 24,025 .31% Mar Jan 1.15 2.75 * — 144 Jan 2.05 Jan 3.25 2.10 Jan 3.00 Apr Jan 53c 4,525 48c May 74c Jan 16c 15c 16c 4,292 15c 30c Feb 9c 8c 9c 4,000 8c May May 20c Feb 66c 50c 51c — Ltd 70c 75c .Apr 1.02 11% 11 11% 125 9 Apr 13% Apr 1.36 1.27 1.48 37,000 96c Jan 1.60 Apr 6c 6%c II,500 6c Apr 13c Jan 31c 35c I,900 31c May 80c Jan 17c 18c 6,000 15c May 36c 2.75 2.75 455 14c 15 %c 13.125 14c Apr 1.27 139,575 72c Mar 1.70 70c common——_— _. May Mines Gold i _—— Feb. Mines Ltd. Cobalt Silver Mines— Lode Cochenour 8V2C Jan May Class Jan Cockshutt 5,300 Feb 12.9,900 Coin Feb. Colomac A* 8c 5,000 7c 2,90 13 17 Va 6 VsC 3.20 ' 15,725 19% 6V20 9,875 21c 28c 3,25 3.35 2.35 11c Jan 111,100 ..-.1,600 20c M May. Plow 7% 7%; 4.50 25 J 55o 2.90 Jan «% -tan 50 11% Jan 140 15% Jan., 1 26 850" 27% - - 3%c 3%c 1.65 1.65 1.70 2.20 2.20 2.25 Jan 13,. May. 17% May ,. . 22% 12% 13% -1,100 1.40 1.40 312 » Jan 3%c I.000 56c — 3%c 2,500 - 32 v 17c Feb . 6c ' .Feb Feb;-- ■ 1.70 May Jan : I.80 • . : „ Apr 1.45 Mar 400- ' Apr Conduits National Mar Coniaurum Mines ^Consolidated Consolidated — — Coniagas Mines - 1 — .,2,35 Feo —— 5 i" Bakeries • 1 * 10c 7% — 58c 17,000 7% 150 7% Consolidated" Beattle Mines——— 2 48c 45c 50c Consolidated 1 7%c 6%c 7%c Jan- Consolidated C(»dusuii Oils 1 1.12 1.12 36c Jan Consolidated Duquesne-^ Central 'Cadillac.— —— 1 29x*e 30c • • - - - • • ;• 11,0402 500 3.65 Jan Consolidated .'7% Feb Consolidated Lebel Oro &.25 Feb Consolidated Howey i i —— : Mining. &? Smelting. - 1 1 9%c 5 140 35e 35c 9c 9 Vic 138% 143 Va- 6,000 10,200 - 1,600 1.80 Apr •' - 7% Apr 45c — — ; 35c8c - .4. - x, 9^ . Mar; Apr 25c- 126 Jan. Jan. C80c; V 6%c..Apr.r 88c ,-Jan," II,663 30c 55c 10c, Mar • - II,685 , 1.23, 13%. Mar,- 1.35 May -3,190 10c 10%c — Astoria 9V2 Jan • ' Jan 11 %C May 1.800 12 Vac 12 V'2 c 12V'2C ——- Yellowknife —1—— 10c . Mar "-4.50 May 1.46 13 17% 23% ——*— Lake ' 4.50 6,300 13 Apr 1.98 1.62 17% — Feb Mar 33c 1.30 1.70 — —— 3.35 May 20V*-May- " 6c Mar 18 ia%)Mar 2,000- - 17% Willans Commonwealth Petroleum 2.41 Mar- May VaC Jan 15c Jan 1.16 1.13 Jan 4.50 Jan Feb 43c Apr 15% 13%.May. 90 2.01 May 1,060 , 1.10 ' Jan 29c • 17c —— Citra-Lartic 20 %c - Jan 18' 3.05 1 % Jan May 46 Va Cochrane-Dunlop comoran 83c May 7 2Gc 23 24 Va 46 13%. Feb Jan 17% 1 6,890 Jan 102 38 8%. Jan 3,220 85 • Jan Jan Jan 22c —* 6.65 May May -13 Vac 85 1 3.15 51c Jan 5c . iOV'C * L——.— — 1,000 Jan Mar 10c 3.000 2,500 85 * —-,———'r Aunor Gold - 32c 26c Commoil 1——_—1' — Mines ., 18c 12% B—„——10 11937)1:" 16 22c 1 class 10 % 500 10b,570 5VaC ■; 10c 18c 4.60 5,400 - 80c 5V«C 2.45 25c 1 —_l — 28 26% 8IV2C Apr Jan 49c 12%' 26 100 Research May 10c - 99% Jan Gold Steel 15c 100 , .— Class Chemical 6V2C V * _—— — Auto Fabric class A Chatco Feb 76c 2.70 5%C 1 .— — Aumdque Jan 26 V2 1,000 16c 16 Vac _ May 99 Oil- Charter Oil Co 107 V2 10,100 42c 78c Jan 149 50 Patricia Gold Mines central 12,700 1 —„— — Jan lGe 2.50 lUv'a — ... 18 5 100 25 — Leduc 1.13 5.80 ; Hardware Central 16c 44c ... 825 140 Feb Feb May 58c 36% 102 Trethewey 1.05 2.55 — Ascot Metals Corp Jan* 24% 149 Feb Feb 400 - Jan 46 Va Gold lie 11 Vac 1 _ common May Apr 35% May Mar 23 i-io; —+. Atlas Steels Jan 23 Va , Aubelle Cariboo Castle 32% 1 —- Athonar Mines Atlantic Oil Jan Apr Cheskirk Mines Apex Consolidated Res__, Aquarius Porcupine Area Mines Ashdown 37c 23% 60c - Feb 26% • 70 Jan preferred.:——100 Canadian Wirebound 19c 11% * Petroleums Arjon Gold Armistice 3.25 Jan Jan Jan 97c 2,450 * Central Porcupine ndr> 61c 60c common Vickers 26c May 58c 28 Va * Wallpaper class B— 4J0 Larder Preferred Canadian 13,000 25 . _ Anglo-Canadian Oil Anglo-Huronian Anglo Rouyn Mines . Canadian Feb 25,324 9% 150 4.60 Jan» 56% 361 Feb 11 Nepheline Argus Corp 20% 8-% Tire Canadian Utilities 10 1 of Canada Mines Canadian 22% May 25V» Mar Apr 6% Apr 2.670 28% Railway— Corp ___— 32c33VaC — Ankeno Jan 18 V'2 71, 28% Pacific 10%cll%c * American Yellowknife Anacon Lead Anchor 24% 435 19 10 — 11c —_1 i_ ; Algoma Amalgamated 1,120 .High: Apr 15 375 * preferred 33 Vic * Distillers Ltd Steel Aluminium Ltd 0% ♦ ... Alberta Aluminum Co 25%' 10% 19 Va 66 375 4.00 * — —, • : „- Petroleums Akaitcho • * 13,532 Cos 1 Oil Agnew-Surpass Ajax 25 19 6% A———* Acadia-Uranium 20% 19% 20 - —— Low Iligh 19% 25 Va common-.* new class common Low Oils preferred Canadian ...... Par 950 66 50 —100 Electric Malartic Canadian Sales 3.30 4.25 100 Locomotive for Week of Prices —_1— Products General Canadian ...4,^ Week's? Ranges Last Food Preferred . Canadian Canadian Fnnds STOCKS^ Canadian vbaVtoM-nb . Toronto Stock - Apr ' 5c 3 Vic May 3,?on Tracuou Columbia Broulan 1.30 Mar 72c 1 Ltd Ltd 39 %4, 10 52 52 li^c . preferred British 4.65 Jan a55c 35c Asbestos Corp Ltd Ventures Ltd Jan 10%, Jan 1,200 5.75 — Columbia Elec 41o British 1.85 May 1.00 Jan 1.82 95c 1.82 7c United 17 • 12,700 4c 32c —— British Columbia Jan 7c Jan a55c 35c ,. 54,- ^nn 53c Roofing class A, (T British Jan —1 Ltd Jan 3.75 1 42c 20% — American iMi 16c Jan 3.45 ,1 Mines 40% O.40- Me 52 : B 1 Burlington Steel Teck 75c - Jan. 1.08 Jan 29,600 40C —50 class Prefeired May 3%c Mar Jan 9%c Jan 3.10 7.75 46c l^c Red Bright ClaSS 1 1,32 Jan Jan 46c 9,136 - 3%c 1 preferred Bralorne-Mines 9%c May 2.45 9,400 —1 Mar - Jan 80c • 950" dOf. Gold Bordulac 4.15 May —* Ltd.' «" 87 %c - ' 285- r . 40. 39 Va 1. — Gold Jan Apr 3.25 Ltd——; 39% 1 Bonville Jan 3.10 May Jan " Steep -25 Brewing 51c 28c 4c Lta Top Brazilian 1 Ltd (1944) Mines 10% * •• Apr Jan 7,000 98c 28%.« 10% Bob jo Mines Mar 15c " 28% — Ribbon Blue Feb 7c 4.15 Soma-Duvernay GolH Minos Ltd."——1 Standard Blue Jan Apr 6.00 35c 12c 1 23% ——"T- Gold Feb 3 80 1 — Kirkland 3c 12c 1 Bevcourt Bidgood 19 VaC Mar - 11,500 Ltd—— 70 b.-tu 53,600 47/BC Ltd Mines 52 A. n.-j Brantford 4>/'C Ltdx Mines Sladen-Malartic 53 50 38 33,300 1 Jan 4%c Ltd 62c Quebec 90c 50o Mines 57c River Jan 4.00 1 Santiago Mines Ltd 58c 38% 2,700 ■ 45c 40c 1 2 %C 15,900 95c 45c 63c 49c 1 1.14 92c 1 Brewis * 1.00 Mines May 63c —• class Telephone 42c 1 Mines 29c Jan 1.14 May 2.45 50,500 Ltd 1.05 • ♦ B; May 40c Gold 39 % • Bros 31c 32c Mines Jan 485 39 V* — Power 31,200 39 VaC 1,000 Gold Stadacona 4.50 1,000 Yellowknife 43 39 Va —10 ——— Mining Bonetal 4c Crest 1.65 Mar 26c 5.25 38c Jan .135 Belleterre Jan 31c 1 Feb.-- 46 41 Va - Jan 25c 1.30 "V". 32% 41% Bellekeno Feb 5,500 .>,000 20c Quemont Mining Corp Ltd— 3.70 23c 4c Mines Class Bell Apr 3rfr 5.00 ■V ,. Beatty 64%c May Jan 2.70 4,700 3.00 20c Manitou 41c 21c 1 Smelting & Refining—L Feb p Berens 22c 1 Goldfields Feb 20 % Jan 1.35 1 Ltd Quebec Red 30c Feb 78c 61c 5.10 1 Quebec 69 57c Bathurst Feb 1.30 ; Mar 24c .-1 Ltd—- Ltd—: Co Chibougamau Quebec 53c 16% May 23c Apr- Prime Mines Ltd.:.——_—_1 Mining Porcupine Apr Jan 53 32c -J Ltd Mines, 1.30O 2.90 • —; Dredging Ltd— Silver 17 22c L Oils Ltd Mines Gold 16 Vn 1 — Nocana Mines Ltd;— Normetal Mining Corp Ltd Penn-Cobalt 23,100 1 Ltd & 71c 54c Ltd— Mines 61'/4 27 c — Mines Ltd New 1.21 59 62c 16% * Ltd 1.17 500 V 235 1.21 : • 27 Va May 620 , Feb 1.30 Mar 86c 4,900 ';■■■ .. 65c * • Mines ■/ ■ 60 Va 1 Canada. Ltd— of Corp ;,i;. 5 1.00 90C 95c 12c 28 Mines Metals 5%c Jan 27 Va - 1 Toronto Jan 1,100 7c —10 Scotia High, 30c 16 %c May 7c 17c 1 — Barymin Co Ltd loc . Low 4,700 i 7c Mines Consolidated Range Since Jan. 1 High —10- Montreal 55c Jan Feb 30c 30 c Shares 16 %c 1 25c May May : 18C 18 Vac » — for Week Low Par 7.60 1 — Ladulama Gold Mines Ltd 13c 27,500 . Sale* Range Sale Price, High Low 16% Week's of Prices ' Last STOCKS High 16 .—1 IS Range Since Jan. I Share* 15c 18 %c 1 may ended for Week of Prices Par week for Sale* - Salt Price RANGE Friday Week's Friday >AiaVac„Apr May'i' VJ V32cii: Jan V .;.--58c."'Mar Apr v Jam, .Jan " - -Apr Feb" ^Volume 173 Number 5013 The Commercial and Financial Chronicle ... (2125) 41 CANADIAN LISTED MARKETS RANGE Week's * ■ • STOCK® Last Range . . of Prices Shares Par ... Consolidated Nicholson Mines 24%c Consolidated Rochette 1 Gas Consumers Corrugated Paper 1 Box 1,334 loc 10c -12Vi 2.80 22c 28c 10c 144 - -Apr 16c 165% Imperial Mills— Cournor Feb 7,100 1.75 Jan 3.35 May Indian 900 10ti Jan 17% Craig Bit 50 Mines Feb 30% Mar 25% -Jan Crown Trust 'Crow's Nest Crowshore Decalta Oils • Gold Mines Acceptance preferred 310 22tic Ltd - 1.39 1.24 30,400 - • 800 1.05 ... Feb 22c Jan •Jacknife Feb Jack Feb '32c Feb Jellicoe 28c Jan 1.65 Jan Jan 1.40 21c Jan Joliet Jan Oils Dome Yellowknife 1 Seagrams -Z Dominion 27% 27% • Ban* 17% 17 10 -4%% red sinking Dominion Dominion Scottish 49% Invest common 1 1,386 99 175 14% 13VV 15% 29 770 28 Jan 34% 50 -31 Jan 17 150 1 775 Feb ■3IV2 98% May 102 * •Dominion class 25 B 125 37 2,920 27 Stores'—~ l,x9o 12 35 • 13 13 14 Tar & Chemical Dominion - Coal & . common—* 33% 33 34 % V—— 23.50 20 % 20% v.'. 14% Preferred Dominion Textile Dominion Woollens * common— —2: Duvay Gold-Mines— , 10% 53c 1 ' Donalda* Mines'. .1 - * 1 —; 5%c . :■ 1,645 : . .. 50%ti 56 %C - • O Wv J 30% ino Jan . 200 46c 33,500 5,0./J C - 5c ■ 37% 11,000 144 102 20 7,002 9 tic 31,100 9c' 8c 138 . - 5c Mar 3,672 23c May 8c 10c 15,265 6c 6%c 2,500 . 50c 47c 58c 1.20 1.27 32,350 46c 16 Vic 16 %c 18 tie Jan 8c 17. t 24c 1 .16 . Stic 16% 17 22c 16% 1 - 1,500 .. .50,000 .. .-13c - -6,515-- ... lO'/aC Jan May 1.33 43c •43C 15 %c. 17C 1 72c 7UC 78o 1 • 1.15 1.10 1.18 • 19 18% 19 1 7.65 7.50 7.85 9,840 1 31c 30c 34c 22,650 30c 19% May 85c 7,500 78c Mar, t,ic 2,000 3c Apr 20c 2,000: 18c May 18c Apr 500 - '35c 20,000 - -18,250 Jan' - -70c • May Mines.. Malartic East 1 East Rim Nickel Mines East Sullivan iLabatt Ltd ; .(John) Ltd— Labrador Mining & Exploration Laduiama Gold Mines. Apr / 22ti Mar :i6% -Jan Dufault Fortune Gold Feb Lake Linginan —_ : Mines Lake 65c . Lake Feb 8c Jan Feb 16% , Eddy 12c:i2%c 3,000 ■ - 1 ; 82c . 81c • 3 tic ' ' : 20c 18c 4 8,^00 12c - ■J , May 77c - '. 375 Mar (new) El class Hi —— _ Nickel 25 215 19ti Jan 26 Grain 15.100 47 Vic Jan 63c 20c 20c 22c 25.400 20c Apr 32c IOV2C 15c 50,100 21% 13 %c 21% • 10c 90 Mar 2.02 1.93 2.10 22,450 78c 95c 25,855 78c 10% 10 10% 26%'c 30c Jan 17'/a Jan .6.10 2.10 400 Gold • 5.50 5.50 714 Cadillac 1 Gc 8c 19,250 17 17 17% 2 3 21 30% 14 14 14% 2,355 23 23 25 20 1,010 585 . 13 % i Island & Jan 18% 7Vic * Jones class B 2%c 3c 13% 13% 14 Jan 15c 16%c 1.32 12 35c 35c 35c l.ud l.u2 l.uo 8c Lexmdin Gold Jan j't* % ; 29 tic Jan 12 Feb 40c Jan» 2.40 6.75 '%• Feb 4 ■" 35c May 1.00 i2%c 12tic * e2c 62c * 31 31 32% 445 32 32 33 205 31% 1 6c 5c G%c 6,835 <__■> 4.75 4.75 4.75 10 5c Jan Feb Feb 14 % , Jan 55c Jan 31 » i3,ogo ; tic 35c Mar 1.20 Jag 13c Jan Apr lbc 5%c Mar I May 15% May May Jan. Jan 8c Jan, 12 1,000 13c Feb Jan 35c A Jan 15c 6.bob 8c __ Jan 1.14 6 Vic 13% May 6,400 I 1 ... Jan 55c Apr 2tic 200 • Gold Jar 9.60 Jan 1.75 May 5c 1,500 12 Feb 19% , 5.10 55,900 12 Jan 18c Jan 20c - - 200 loV+c * ... 27/Bc ' 1 Consolidated oils Leitch ' 3 — ". Mines Leduc Feb 16% , "U" Secora Lencourt Gold Jan 8.50 7,750 2.00 Lawscn Jan 8.40 7.530 , 3,251 28c Lavalie Feb 1.63 10,151 10V8 —- 2.10 Larder Jan 2.85 May 20c 9.15 . { l Lama Apr 23 21% May 1.55 Apr 95c 16c 20c 9.15 - • 1 • Lapa Jan 1 preferred ___1 , Mines Luz Lamaque Apr * common redeemable i Apr 53C * Fanny Farmer Candy Shops— Ltd Mines Apr 22 • -2 Mines La Feb 50C 25 Players $1.40 27 ti May Shore Lake Wasa Mining... Feb 22 1 preferred Corp Falconbridee • Jan 8% May Jan 1 iT Estelia Mines Ltd Federal 25 9.65 Jan 50c 1 Pen-Re.v Famous 6V2 80c Apr 1 ; Estabrooks 70 1.73 May .. 7.40 2,950 * Z: 25 25 51c 27,400 20 A Gold Eureka 8% 10 . Mines Elddna 7% 98c i 45.900 , Osu Lake I8V2C Mar 1 Paper Elder 8.00 7% ,'22,230 75c 7.55 * I- C3c 7.70 IOV2C Jan 4.000 .. 1.10 9-'c 71c 1 — Invest Economic 1.01 1 Mines Eastern Steel 15c 12c Feb May 1.09 , _* Jan 50c 22c Jan —12c - - Feb 25 tic May < I Townsite Oils Lake East Crest Oil Feb -Jam 18 16c - V 17c - • Ltd Apr | * 24c ; Mines Jan 1.05 - Jan _ .16. . . Jan Jan May 8c May 18,. Mar - 860 25c 16 : 14c 50,000 Jan 19c May 65c - May 22c 44c - 6%c May 33,311 1.20 12ya<rMay - May 11c May 6%c Feb 144 "• 21% May Jan I,600 Apr Jan .. 42 Va Feb 13 14c * Lake KirkJand Jan Jan 23 52 103% Mar 2 38 % Mar : Jaxx Apr 14 % Jan Feb 55c Jan 28c • ; ." Lake Kirkland 36% 20% 39 25c I ; •Keyboycon Jan Mar 18% ^ 102% 'Apr 8c 1 Gold Feb 39Vi Mar Jan 13 %c '. • _ Ltd Ke/r-Ad.dison Kerr 13 ti May 10 ti- Jan y. -10 v 18%* —111111II Mines Feb Jan 20% May 13 %Jan 26,5 12 10'% . 25 920 37 43<* - 33 35 Jan 25c 1 1 Kelvinator Kroy. Steel Dominion 22 103 143% 1 Mines 8,550 48% 37 18% -1^— 46c 22 103 1* common^ Mining •Kenvllle May Jan 9% 13 35 . 157/s .12% May . Kelore .Feb 34 54 47% 25 A„ class 43c 47% preferred 43c 14% Jan 7c ft- Jan . 20". Jan 40, - 11'% __ * 27% Apr O<-0 51 Apr Jan 25% Mar ,28 Mar 43c Jan 27% - 2,485 y, za 98% 13% • J 29c 6,765 17% 49* ■ '• 98%. fund preferred_100 Magnesium 29% 27*>4 •Dominion Foundry & Steel common—_• * 29.475 30- -- 2 L Ltd Mines 13 Apr May 34% 29 Jan Apr - 3c 16% Ltd Quebec 11 23 - • 34% Mines Jupner 39% Mar 16% Joburke. Gold Feb 5,600 36% Jan V « Mining Mines 1,790 -.-775 4c 1 Jan 32 ___5/100 Waite 11% 23% 3c Apr 27% —J* Jl— Gold /jaculet. Kayrand Discovery 11 23 High 30 M.T., Preferred 32c 1,355 10,359 3V»C International Petroleum 24 Low 30% .11% ' Distillers 30% 36%: 37% — 36% Range Since Jan. 1 High common Co„w International Nickel Co Apr 23C Apr 12 Vic Low Par ^^100 Jan 1.25 24,400 15c 16 %c lGc & -Preferred Mar 66 Jan 15c 1.10 1.19 1 130 • May 21c 1.35 1 : Minerals .24,100 22c Jan Vic May '40 900 2Gc 18c 19c 9 18c 20 - (John) International -Bronze International Metals Mar 7%c May 6,500 Shares „—___l Inspiration Mining Jan 19c s45c • May Jan ' f ■' v- Lake $1.60 Mar 8% v.an 53 ti 12,000 1 :_-•. — Producers 3 3c 24c 20% c 16c May 118 10 4,000 20 22 tic- Ltd—1 -' - , for W*ek 25% May »■ 7% May 11c . 5 84 *'8c Jan May 27c boo -21c i Ltu.* Mines K10 Delta 20% 10c 3,500 . 118 (.4 10': 13c • A ; • 32c 7%c- — class (Temagami) Delnite Dei < 7%c —1 — Petroleum Davis Leather Delhi 7% __ 1 17% 400 13 % 28c 118 ,i—100 __—• D'Aragon Mines Davies 714 >4 100 Coal Patricia- 600 13 Vs _v _1 I,555 10c lOo 7% -———I Pershing 25% ,25 lOc • •Crestaurum Croinor. ''' 1 «_ •. Industrial 8OV2- Sales Range of Prices • 3.05 30% 2* Mining .' •' • Jan May 153 .-'Week's Last . Imperial Bank u> Imperial Oil • Imperial Tobacco of Canada ordinary_5 4% preferred i ; : May V2C May Vic May 850 - High J.". May ' STOCKS Sale Price Inglis COsmos 18 <>. _-f. 12% __* common Vic 153 156%- 2.80 * } 13,991 Vic ■; —_• Distillery vot_ (H) MAY Friday >Low 27c ' 100,.. 156% > ENDED Range Since Jan. 1 High 22c'- ___» Conwest Exploration —L Corby Low ' y, * Rights , WEEK for Week Sale Price ti. ', . ; FOR S^les Friday Mai Feb 29 ■'•f May 11% 33% Long Lobiaw May 24 Jan Little Feb 16 Jan 22 Mar Lac Groceterias Class class A B 66c 1 55c 1,850 Jan 1.09 Jat! May 34% Feb Jan 35'A Feb 10c Jan, . • Federated 1 Petroleum * 8.50 9.00 8,00 4.85 28,839 Louiega Gold Vf 9.10 Mar Jan London Petroleums Flank Fleet Ford Motor class Class B Cos Frobisher * i, 5.002 200 65 Vo 35 57% 57 57 % 115 3.55 3.35 3.65 9,875yV 7&; 7c "^1,000 96 19% 3.05 Jan Jan > Maw, Jan May preferred% ',c preferred 5% -5 I • 100 100 2 10 Lynx ,V10 %c Feb Rd i/„ '. jh't 64 ti Apr Macassa 4.65 Jan Mar 97 MacDonald Apr Jan 20% •Mackfcno Feb 109% Jan 111 % Mines 2.30 Jan 3.40 3.55 5.65 5.90 1,133 5.00 Jan 6.70 Feb 5.60 5.75 1,240 4.95 Jan 6.25 Feb Ma'usen Red * 44 21% 43 44 230 50 Feb Magnet 21% 22% sue 23 May Steel Wares * common—. 1,300 43 May "17% Jan V' Class 1 Lake Yellowknife Giant Gold 1 Mines 15c < 15c 17c 6.25 6.65 13c 31,900 6.50 •••; 13c May 22c li,i.00 17c May 35c 1,100 12c 90c 97c 11c II,400 6c 5,500 1.15 l.i5 1.32 1 2.45 2.25 2.55 11 Jan Jan. 9c Feb Jan Jan 20c 1.65 May 85c Jan 38,400 9tic 5'Ac 6c 8% 12.175 1.85'- 1 3,465 6.10 May 22tic , 2.48 •' 1.32 Fee Jan Feo 15c Jar 8tic Jan 4%c May Jan 48,000 -1.05 Jan 1.85 FeO 23,125 2.01 Jan 3.95 Jat Jan 8.10 • 225 • 23% 24 2.02 2.15 18c 17'Ac 19c 10,600 1 1.93 1.92 2.05 14,375 * ; 23% 2.03 1 Eastern & 24 I 23% 1 Goldfields , * A Lake Gold Mines Consol Malartic Feb Mines B Manitoba Geneva 100 8,000 1.65 __ 1 s Gold MacMJlian Export class 3.55 May 3.50 General 92c 1 : MacLeod-Cockshutt 5.65 Mfg.class A 1 :•* 9 20c Apr 17% 5.90 Products 1.73 Lake_ 1 Genera] 1 River 1 . — M.nes Red Macho Feb * Bakeries * Feb* 5.00 13ti^ 13tic. 26V2C . A Class 1 .! Feb )ic26%c- + Mines 4.00 9 • Yellowknife 5 Vac Mar lGc yus. Goldfields Petroleum General General Petroleums F.b 102% May 108% Jan * 25" 109 109% *• ______—— Island Louvicourt " Power/common Gatineau A Ltd common Maciie 2.70 94 3,365 Long Feb 48 ; Hosiery Class Feb 76 May Ja,n Mar 70 i 6c 30 96 18% 102fc 102 % 96 18% 43c May 39% w 100 — 65 41 ''2 , ' * —— 65 41% • — 48% .• * Exploration 1.40 41 % 0. ___ common Gair Co preferred 5,^60 57 35c 4,500 2.20 52% ■%_• * —r——-— Gold Francoeur Fraser • A Co 39c 2.Go 53 • i———— — Foundation 35c 2.w * — Manufacturing Mines 24 2%c 2'/bc 2'Ac 6,500 14 14% 500 13% 13% 5G5 4%c 4Vic 2,125 9c 9c 500 2,135 ''9,850" 16% Jan 28 Apr 16% Jan 28 Apr " 2.00 May 17c 2.75 30c May 1.90 May Jan Jan 2.90 Jan Jan 3%c Jan 14 Apr 16 Jan 13 Jan 15% Feb 7c Feb 2c Feb Mapie Leaf Gardens * — " Lake Giliies God's 7c 1 . ——— Goid Lake 7c •2%c 2%c 4.500 • Gold Glenora 33c 33c 36c 15.150 1 Golden Manitou May 23c Jan tic May 14c Jan 12c Jan 3.700 2,500 7%c 5 tic May 5 Vic 5 Vic '? 7.60 8.30 45.780 * 1 4%c 4VeC 4%c 3,500 1 6c 16c 1,500 7.85 1 — .2 Jan 17,500 Jan 9c Leaf Maple Jan 8c 1 Arrow Golden 5c 58c 20c 6 Feb Jan 7%c 7c 1 Mines— Eagle 11c May 33c 7c 16c 17c 1 Gold Goldale 2 tic Jan 7%c Mines Goldcre&t Gold > "7c "5.000 7c 2%c 1 * Maralgo Mines Goldora Goodfish Mining Jan 8.30 ; 3c May 9Vic Gordon Mackay class A Graham Mines Great Lakes i • Class 90 48 Vi 105 *48% Apr 52 % 9% 350 8% Jan 9% lie 11c 1,500 10c May 23c Feb 500 17c Feb 30c Mar 43 47% 47% 3c 93 8%c Apr Jan 8c 105 Mar Jan Class: B • • Felt West Great - Gridoil Freehold 6% * * common.... 7 Vi y 200 " 12V2c Jan 10c May 3V2C Apr 11 Mar 25c Mar 13% May 63c Feb 27c 30c 2,700 14 485 11 Feb 15 11% 150 10 Vi Jan 11% Jan 28% May * T.«„— H — Mclntyre Porcupine 5 Red ' 5 7.75 Apr 3.500 7 tic Jan 12c 10 %c 12c 20e 25c 25% 27 May Apr 9%c 13 tic 21c May 27% Apr Jan 18c Feb Milton 70 Feb Feb 54c Jac 8Vic Jan 44c 4 tic 4VtC 3 Vic May 8c 8%c — 1,720 8c 10c 11c 4,000 7Vic 67c 65c 68c 3,000 53c 3.00 r 13tic 2.75 3.00 1,250 5'A 5'A 36 10 Vic Mar 8ti May — He 11c 13c 9 - 15.000 8% 9 65 Jan 14c May — Mar 72c Feb Jan Mar - 2.65 May 5 3.50 5% Mar 1.50 20tic ■ 9 • Jan Feb Feb Jan May 2.10 Jan 2.82 May * Metals 1.90 1.80 1.90 6,000 1 * 2.55 2.70 17 23,280 16% 2.46 16 900 16 Mar " Corp Corp Mining Jan 1,000 -* Brick Mindamar Apr 53 Vi 4,000 .—- ——* Grain Jan 39c 45c 13.50, Oil Pacific & — 99 Jan May 44c * Power common — Mid-Continent Midland Jan 25c Jan 6c 24.040 Jan Jan Light & 18% 21c 88 680 - 1 Prelerred Feb 9c 1,235 ll%c ..'210 12c 56,770 25^4 Feb 10% May 21% 24.800 1 5 Vi Mexican 10,700 " 45c 0 Island 28c 30tic 61 ti Apr 6% May May :____ 45 92% 59 Vi 1 Lake - 2,631 26-28% "88 60% 1 Gold 11c 11 Vic 9.00 Gold McWatters 100 ^ -—1 Lake Red McKenzie McLellan McMarmac 1,450 27'A- 30c Apr 8 * common • Apr 5 • Gypsum Lime & Alabastme— 7%c May Feb 13% McDougall Segur 50 % 6% May 6',4 May 1,255 6% 1 ; — 17Vic 29c 88 49 9.00 ll%e 1 Gunnard Gold 8,000 34,810 Apr 13% ———-100 Jan 5 * — A Preferred Jan " 8.75 » 1 Leases Guayana Mines Gulf Lead Mines 3,500 8c 13% May * 30 130 6% 7% ——* —.——2 8 tic 5c '12 ' 12 * _- 4c 8V2C 1 class MccbJl-Frontenac Feo Feb Merrill Great West Coal class A common, Ltd Grain 46% 3,865 47 44 47% • — 7%c — 1 new Ma tar row Lead McCabe Apr 23 tie 23 Vie • Paper common — Feb 9% * 2 preferred A 6,500 3,700 97 ; 9% • 1 Bousquet Gran dor o 7c 6c 4%C V': 50 Preferred 1 1 Massey-Harris Jan 48% 97 Lid Martin-McNeely May 100 5c 3 * Tire common Goodyear Mines Jan 5.(6 5c 1 Malartic Gold Marcus 13%*- • Mines Marbenor Maxwell Goldbawk Porcupine Milling ,20%: 20% 20% 20 50 18 Apr 20 Vi May 12% Jan 23 1.50 Mar Feb 20 " ■Halcrow Swayze 1 Haliiwell :Hallnor Gold Hamilton -Hard Cotton 2%c — 3.50 100 14 14% 1,300 14% 29 * common 13%c • , Headway 1 1 11% Heva Gold Feb Feb Jan ", 29% May 40c 12% 20,833 6%c Jan 20tic Highland-Bell ——_ 2 Highbridge Mining —2--—r~—. Highwood Sarcee 25c Jan 69c 51c 45c "Apr 93c Jan tic 12 Vac" 35,700 8%c May 18c Jan 12c 8,000 14 tic Apr Hlnde 1fc ♦ Daueh.———2—22^, cHolJinger Consol « Home < Homer 1 8 9c » 10c 92C 7c Feb Jan 85c Jan '7,000 95c 7c 2,600 13c % OH 4c May 20c Jan 5,500 * ** 12c HosCO Gold - Hudson Bay — 14 Mines class ; < ; 27% 12% 200 A . — 2— ; ;1 —* 2-- 55%, ; J2ic ... — 5c 5V'4C55% 5,343 5,238 6c 10.000 II,010 " 7" 10% " "."" 2,410 " 21c 21 V«c 6%. * 6.100 **" 5'ic 58 24%. Jan " 15 13% : •< 1 Mining & Smelting—— • Hugh-Para Porcupine Hunts 1 — !" 500 12c '47 ■' 12' ' Yellowknife Porcupine Montauban - Mines / 20c Moore Corp Morrison 18% 1.30 30%c 510 " " 400 Jan 13% May 4%c May 5%c Jan 55% Mar 20% Apr' 0% May Feb 6%c Jan 18c Mar .29% 1.75 34c 51c 1.400 Apr 1.75 May 5,719 „ 1.00 May 5,105 30 tic May 44c Jan Feb 65c May 1,05C Feb *. . " ..'.V' •' 38c _* Chemical common—5 -5 Drug & Prelerred Preferred — 8c . 21; 8 -, 11 : 250 392 19% Mar 24% Feb < 24 % May 4 29% - Feb Jan Mar 27 6 Mar 14c Jaw; 22% Feb Jan " 10c 21,612 21 215 8c May 20%. 8 19% Mar 505 8 May :--9% Feb ll 375 11 May 12% Apr 13% 27'A 14% 27% 1,0-0 12 Jan 27 %; . 8ae 12 29ti; 29% 30 3.90 4<% * __ 20 — 2,685 14 V Breweries common National Grocers common * 5 1 -'r 400 16%. 17% 25 26 ti 24 % 24% 5 5 ■ w 135; 27% May 260 27 15% May • 28% Jan Feb 16 5i 25 0 — * ,, 1 * Mines w! National 5 ——25 Brass Mylamaque * common. Preferred - Feo 1.15 ' i-i— Montreal Locomotive ■National 4%c 11% 2^ '222 , • — "4c- • 5 • Feb 40c 95c. * Moneta Fen 2,705 17,700 —If % 1-30 1 30 tic * -r- Knitting common Rights Jan iO % -" " Monarch A— Jan J*n 45c 1— \ 17 12tic May 410 8%c 10 %c 50c 1 Jan 4.75 19% " 11 %c 1 Mines —-2 100 25.360 14c 11% " 1 2——,-2 4Vic Jan clajss Containers . ' 33 VaC 1 1 Lake 22 Red Gold . 1 Hasaga Gold :—: _2 Head of the Lakes Iron -Heath * 29% 12 %c — 10 %c 1 _ Jan 3.50 May 32% "" - Harding Carpets —,—2 Harrlcana Gold 2c 900 2%C 3.50 * i.— Gold Mines Rock - 1 ' Bridge.— Hamilton • 1 __—,--2— Mines Modern 18% Mar 12c Jan National National •National Hosiery . class Petroleum Sewer Pipe B — *— class 9c Jan Feb Negus 30c Jan 8 Feb Mines •Neilson: iWm New Alger * r. s 1-89 A_ • National Steel Car^— 62% 14 * * preferred 100 —•—-—-~-l — . , 28ta; 75c , —: 8c 1-81 47 28 <4c 104 8c 28^-t 80c 104 80 10,115 3i ' "Jan 1.65 2.40 Jan May Feb 45 Feb 48% 3,025* 27% Jan 31% Feb 9,275 71c Jan < 1.40 Jan Feb" 104 150" 5 "3,933 "102 7%C'May 11c Jau :rAp» Mar ^ 42 The Commercial and Financial Chronicle (2126) .. . Monday,-May 21, 1951 CANADIAN LISTED MARKETS RANGE Range Sale Price New Par ,, , , British Calumet Mines Mines., Laguerre Mosher . New Pacalta New 1.45 Jan Siscoe May Sladen 23,360 Northern Extension — Mines Denlson Mines Wood Gold — 8%c 83/4C 3,550 1.55 3,150 30c 1.84 ,33c 1.10 1.15 74'A Jan 20c Jan Mines • Standard Chemical common Preferred Standard Paving 12c Feb Starratt 117A 3.00 Jan 8 2,295 Okalta Oils 30c 11% Jan 104'/a 104'A 155 95 Jan 14% 530 12% Jan 104 »A May 14'A • 6% 7 220 Jan 7c May 1 85c Jan 70'A Bteel Jan Steep Feb 85 Canada 53c 55c 1,650 48c Jan 74c Jan 34'A 1,760 30'A Jan 30% Feb 15 Sturgeon • 33 32'A 34% 34% 35 170 Jan 36% * 4c 4c 4'Ac 4,500 3'Ac May 10 %c 1 - 7.60 7.60 8.30 23,970 7.60 May 13 'Ac 13'Ac 1,700 Mining Rock Iron Mines River Sudbury Gold 1 Contact 1 33Ac 3%c 500 3'Ac May 5c Feb — 243Ac 27c 31,900 24%c May 4.40 Jan 64c Jan SUllivan Cons Mines 6.00 Feb Ltd 4'Ac 1 Superior Oils • 5.30 15,858 3%c 4c 6,500 3%c May 6%c Jan 43c 43c 500 42c 57c Jan 18'Ac 18'Ac 15c Feb 25c Mar 12c Mar 22c 8c Feb 5c 2.35 1.09 83 86'A 72'A Feb 3.75 Jan 1.23 Jan 745 Feb 6%c Jan 78c Jan Jan 18c Mar 2.85 9,925 37,700 Jan 11 Feb 4c 2,500 3.10 98c 3.05 1.04 13c 36'A Mar Apr Feb May 5'A 25 common Preferred Steeloy Apr 1.40 of Co 1 Gold Olsen Jan 60c Apr 4.95 5.05 Supertest 14'Ac 18c 1,000 38,125 5'Ac 11'A 6c 3,500 5c 12 2,685 8,333 13c Apr 13c. 13c 15c 8% 12'A May Jan 5 9'A May Mar 8'A 9'/a 575 26c 1.15 39c 24,500 1.25 7,734 6c 13c 9,000 12c 5c 11c 1.15 May 5c May 88,350 10'Ac Apr • 2.52 2.50 2.68 7,150 17'Ac 17'Ac 3c 3'Ac 1,500 __ Petroleum • 83 100 100% ordinary preferred Sylvanite Gold Taku Taylor Feb Apr 101 Mar 1,000 7'Ac Apr 1.25 5,950 1.05 3,700 1.25 5c 6c 30 30 31'A 575 7 ; *7 420 6'/a 165 10'A Feb 5c 10c May 30 Jan Mar Feb 33 Feb 7 Mar 11% - Jan 10 .___ 10% 10,% 11 1 — 2.15 2.20 2.28 16,609 1.98 Apr 3c 11c 220,500 6'Ac Jan 13c 28c 29'Ac 7,375 27c Apr 45c Feb 21c Jan 38c Feb Teck-Hughes Gold Mines 3c Feb Thompson-Lundmark * 1.60 Jan Toburn 1 16'Ac Jan Tombill Gold * 22c Jan Torbrit 1£ 3.00 Feb 1.45 Feb * common Jan 19c Jan 5c — common (Pearson) 93 99'A 7'Ac 1.18 , 1 River Tamblyn Ltd Jan 45 7'Ac 100'A 100'A 50c 39c / 1.95 Jan . 5% Surf Inlet Preferred Feb 22c 8'A Jan 39c May, 26c 1.18 . 12% • Apr May Jan 1.51 Mar 104'A 60 * Standard Radio class A Feb 13% * common 14c T5c • ; Apr May 8c 26,100 1,200 71% Feb 7'Ac 5'Ac Mar * ——* — Apr 1,795 52c May 1 Ogama-Rockland Oil Selections 14% 13'A 9c 1 Ltd Mines Jan 35c • Obaska Lake Mines Jan 46 %c 3,833 16,800 1 Feb 13c 37c 9c — Jan 20% 35c Btadacona 12c ll7/s 41 7'Ac 800 3,000 25c * * - 34% May 17'A Jan 35 Co common (N) Brazeau Feb Jan 8%c Slater • 1.28 Mar 75c 19'A 8c 1 (1940) North Star Oil Nubar Mines Ltd Jan 8c 97Ac — 55c 19 8'Ac 17c 14,400 35 103Ac 1 68c • 11,000 162,200 — 57c • 10c • — — 67c 20 9%c —* __ Feb Southam Co Jan 1 Mines Canada 57c South Jan 1 Northern 18.333 Jan May • 1.04 1 ; 1 Mining 92.'Ac Jan 3c 72'A 98c 2.53 13o • Idl 19c 7,035 __ 94 y2 May 25c Apr 1.45 May 2,000 30c 235 8'Ac 30c 1 —1 - 98 8'Ac May 3%c 1.84 Feb 96 96 4,500 26c \ Feb 39% '. 2.500 3'Ac k Malartic High 35'A May 29'/a Jan 40 615 33'A ; Low 475 35 37% 43c 10c 5 Gold Range Since January 1 High 38'A 38 33'A I Shares Jan 26c 28c 3%c 1 1 1 1 • —1 Norpick Gold O'Brien Jan 10c 1.65 L Oakville 1.10 8%c Mines Northland Feb 8'Ac 9%c 1.45 Noranda Mines North 3.65 8'Ac 9%c 1.55 Gold Normetal Jan 26,300 Oils Nisto Mines Ltd Noriartlc 2.65 37C Thurbois Norgoid 14,300 1.20 Nipissing Mines Nor-Acme 96,267 J ; • * 1 Preferred 1.72 Low —100 Class B Jan 7c 3.05 34c Norzone New 1.75 May 1.51 1.15 New Norsman Mines Feb 2.85 35c _— Simpson's Ltd class A Apr 3.00 - 1.15 Long Lac Mines Newnorth Gold $ of Prices I, Xyt'X.X- par ,/, y 1.19 1 ———1 1 New Hugh Malartic High for Week Range Sale Price 3c 1,000 1 Newlund Mines New { ——1 Goldvue New 37/ec 8,250 New Dickenson Mines New Lots Sales Week's Last STOCKS 1.60 • 1 Dominion Oil New New 18 Range Since January 1 Shares High 3%c — MAY ENDED for Week of Fiieea Low 1 Bidlamaque WEEK Friday Week'a Friday Last STOCKS— FOR Sales Gold 28c. „ • J 2.52 Jan Jan Toronto Elevators 25c 5,300 13% 420 32 32 45 17'A 135 13'A Jan 8c , 1,200 1.92 13'/a 1.88 25c 1.85 17% Silver Mines 9c 2,500 8c Apr 12c Mar 26c May 41c Jan 1.20 2.25 11'A Jan 31 Apr Feb 15'A Jan Feb * • • O'Leary Malartic Omnitrans Exploration Crush Grenada Gold ---• 1 Orange , Qrlac Red Lake 3c 1 - 53A 7'Ac 4%c 9,000 4c 1.04 1.25 Toronto Apr Jan Towagmac Exploration 13'Ac 6'Ac Jan Feb 1.70 Mar 1.04 May 63,300 Feb 7'A Jan 4c Toronto. Gen 5'Ac May 7'Ac May 1,500 1 • . 3c Feb 21c Jan 4.25 960 7'Ac '— 1.08 14c 11,000 5'A — , 1, ——— Mines Lake Osisko — Tower Trusts Iron Works Pacific Coyle Navigation 1 1 * • 3,000 5c Jan 8c Feb 9.50 6,425 7.55 Jan 10'A 52 53 90c 51 May 56'A Feb Union 75c Pan —1 Cadillac Pandora 10,035 75c May 1.17 Jan Union 3c 3c 1,000 3c Jan Feb United — 10c Oil Western — 33c 37c 1,700 335 Malartic 1 *. Malartic ' —•# _1 26c 26c 29'Ac 13,500 25% 26% 725 _• 3.15 3 00 3.25 55c 54c class A Resources Gas 3c — 33c 4,500 3'Ac • &. Asbestos Jan 50c May United 3c 2'Ac 5'Ac Mar May 6%c Mar class Corp Class B United 3c 3,000 57c 29,925 52c May 82c Jan United 45c May 61c Jan United Steel 36c 39c 6,317 8,000 35c 27c Feb 45c Apr Upper Canada Mines 25 Jan 30 Engravers — * Gold Crow 29 1.60 1 Pioneer Gold . Jan 30 150 1.50 1.65 6,492 1.50 May 1.76 May __ • Mines 2.05 1.76 2.10 3,800 4'Ac 4'Ac 1.14 4'Ac 29,000 May 1.95 Jan Porcupine 1 1 * Gold Reef River Rouyn Power Gold 3.05 Mar Corp * Premier Pressed 100 Trust Metals Preston East Purdy Mica 1 __ 1 1.38 ' —l -40 Preferred 2,700 90c 25'A *>40 82'A 20 1.35 — 18% • Ventures Chibougamau 1 1 Labrador ; 1 1 * ;—1 Quebec Manitou Queenston Gold Quemont Mining 83 Quesabe Mines Ltd 21% 50 11'A 12% 8,895 71'Ac 79'Ac 14,600 1 Red Poplar Gold Mines Ltd 11% Oils Walte Feb Wekusko Consol Jan 28 Jan 82'A May 15'A Jan 22% Mar Westeel Products Jan Western Jan Western Ashley Mineral Canada,* Brewers 8% v Feb Western Grocers 135 48'A Jan 30c Apr 52c Jan 18c Jan 28c Jan 54 'A May 36c 500 18c 19c 11,800 4.20 37,567 40c 36c 43c 21,303 22% 22% 24% 4,145 37c 38'Ac v 6,400 35c 4.20 May - 9'Ac 9'Ac 12c 3,000 20c 26c (George) Preferred Wiltsey-Coghlan Winchester Larder 56c Jan Wingait 22,437" 8'Ac Mar 32c 14'Ac May 31c Jan 4„ Electric Winora Wright-Hargreaves __ 4c 4'Ac 3.000 4c Mar 4%c 4%c 24c 27c 1,125 27,300 24c 6'Ac Jan 8c May Jan 40c 3'Ac Jan Robinson Class (Little) • common A __ Co Mar : ■ 28 50 28 67 50 50 8'A 100 8 11'A ■' 14 335 9% 25 13% 8'A 10'A 14 25c 19,200 27 27% 1,195 * Rupununi Gold Mines Ryan Lake Mines 13% 12% 13% 4,443 26% May 9 'A May 3c 3'Ac 3,100 12 Va Jan 25'A 26% 2c Jan 7'Ac 21'A Feb 27 1 26'A _1 Mining 21c 1 7c Saguenay Power preferred Lawrence Bt Corp 100 A 1 common— ' 60,600 " 7c 500 preferred 49 Lawrence Paper 1st preferred preferred 2nd Ban River Sannorm Scythes & 6,840 28'A May Jan 88 20 57 'A Jan 102% 103 525 101'A Apr 60 60 60 136 59'A Jan 2.27 2,40 4,525 2.25 May 3%c 5'Ac ___— preferred 3%c 500 5'Ac 7,000 10 !/a 10'A 14'A 14'A 50 92c 1.01 143,700 25% 26'A 275 1.27 1.24 1.34 6,400 * • 5c 97c 25 Jan 51 Jan 55c Mar 25 Feb 12 5,575 3,065 6 25 5% Jan 7c 700 5'Ac Jan 10c Mar 6c 5c Apr 13c Jan 17 34c :34'Ac 34c A 310 20c , May Apr 26'A Apr 635 24 345 97 12c 11,500 11c 2,000 75c 11c . 4C 4c 40 ■y 40% 11,800 1,000 99% Jan 5c Jan 5c 6,520 74c 43,600 IIIi 9'Ac 8'Ac 9'Ac 1,500 Yellowknife Bear Mines 1. 83c 75c York «7 5,000 1.40 50c 72c 11,970 5% 200 5'A 3.25 200 2.50 1 1.09 95,573 Jan Feb 1.10 Jan 1.01 Jan Mar 17c Jan 3.00 Jan 8c 2.06 Jan 83c Feb 84c. ' 7'Ac Apr 53/4 Feb Feb 100'A Apr Jan Jan 6c 46 ' 5% *7: * Yukeno Mines Jan 1.30 Jan 1.50 A Jan i,14c Mar 5c Yellorex Mines 20c Jan 4c 67c May Jan 35% 100 V 7 103 -A Feb May 85 - 1.45 * 10c 8'Ac 66c 1,295 40 »A 100 1 Zinc Knitting class Mar 25 66c Apr 27c 97 9%c Jan May 97 lie Mar 19 16c 24 68C 18 34c j . 35 16c ; ;>.97 A Feb 33'A Mar 18'Ac 12j000 7 Feb 8'A May Jan 15 70 14 60 7 Feb 19c 6,350 77.7 Jan Apr 16 315 18 17'A 9.75 3,000 22c 18 A; 18 19c i 68C & 1.02 1 39c - 31 • Mar 6 4.00 Apr 1.49 Feb ' Toronto Stock Exchange-Curb Jan „ Feb 1.01 Mar 15 10c Section Canadian Funds 10'A Mar Feb STOCK* Last for Week Range of Prices Sale Price Jan Sales Week's Friday Jan May Low Par *1 Andian National 100 2.30 * _ Ltd Co 44'A May 1 1 25c Shares Range SInoe January 1 LOW High High ,i 15 42 7c 86 103 1 Mines Oils 100 May A—1 Gold Sarnia Bridge Scarfe class A Scurry 99 Gold Antonio Sand 100 43 20c 4,277 20c 24%c -f;■ 1st n) 21c 27 __ 2,000 1.45 i Gold Lead Aprir<}} 16 % Mar Jari^ i:'Tl'A May Apr;-' '<'151/2 Feb 24c * 36c FebJan • Royal Oak Dairy class A Royalite Oil St May ^li u30 .;; Apr " 10 Royal Bank Ryanor 11'A —• Roxana Oils 28 65'A — 1.22 1 Yale Class B 28 Mar 100 Jan * 60c 'rr\,■ * Preferred Jan * 9,700 54'A ,„„—l common Mar * 85c ' Gold 39c A Feb Jan 75c 11 1 50c class Jan 13'Ac 1 Windward Gold Mines Apr Manufacturing 2.35 53'A _1 - Jan Jan Cotton Mar 11% May 1.38 May 10 Jan 24% Jan 21c Silk 91c Jan 7c common- 84c * 24c Riverside • Jan •15% I. 100 32,791 Robinson 13% May 8'A 6 —._10c new 47,800 Robertson Jan 8.40 45c May 11'A V __ 24c __ 22 53'A A Western Homestead 35c 27c Jan 6'Ac May 19c —4—*-5 29'A Apr 22% May 37C Apr class 22c • 20 35 %c Jan 2.33 , 30c -73c Mar 4,195 8,500 80c —♦ - 1.80 11'Ac v 34c —— 59 7c West Malartic 21c —. Feb Jan 6'Ac ———* j 22'Ac Gold 11c 11'Ac Jan 43 55'A 1 16,635 11c —-* (G & W) common 1 Richfield Petroleum 1.55 1.22 Jan 5c Ltd (Hiram) 1 Reno 1.38 Feb 17c 23% 2,980 1.50 • Amulet Walker 1 1 10% -1 Reef Regcourt 97/a -1 Redwater-Piccadilly Petro Petroleum 9% II Mines Winnipeg Ranwick Uranium 220 21'A Violamac Waterous 540 36c 38c 40 21% * Jan 6%c May 6'A Jan 18c 3.60 39 70 Ltd Apr 1.15 May ^ Vr V 1.32 Jan 3;000 36c 3.75 Mar II Weston Quebec Quebec Mar ? 74'Ac 51 9,150 6%e«- 7 7'A 51% lj 53 , 11c 92c Feb 21 % May Apr 5.030 24,150 57'A. • — 17'A 12c 1.02 57 ' 20 135 r. 1.50 Feb 1.40 ,1.10 Jan 61 'A Jen -■»"*'* 6%c 10 Purity Plour Mills common 1,660 18'A __ 1 Dome Mines 16,100 82 90c 82'A 24% Jan 1.02 " 1.22 79 > __ •I. 3,225 Jan Jan 8c May 24% 80 1 common 4c 90c 1.20 • Powell Powell 21'A 57 Villbona Gold Vulcan Porcupine Peninsular 20 98c 99c 40 Oils 40 Pickle May May 11 Vac 7. Keno Hill 3c 52c Photo 20c 39c 25 preferred 3c 39c 1,800 1,500 50 class A preferred Fuel 53c • 24c 40c _* B__. 1 Gas 37c 21c 20'A ; _1 1 & 3.50 Mar 89c 39c II -1 Oil Feb 30 Jan 21c Mining Perron Gold Petrol Jan v 17% May Jan 50c 11,800 39 • Jan 3.00 40c • Petroleums Paymaster Consol Partanen 25 13,683* 60c ,. ■ 27,900 38c 5c Trend United Parbec . Feb 52'A __ Il Transvision-Television 1.15 7'/0c 9.10 9.20 Page Hershey Tubes Pamour Porcupine Mines Ltd 1.75 Feb 1.00 Jan 1.10 (Eastern) Petroleum 32 A Empire Oils 7'/ac 1 Pacific class ..20 Petroleums Traders Finance Trans Tianscontinental Pacific (new) 25Ac *103% Apr 48% May 95 105% 60 3.15 May Feb May Jan Jan 5c Feb 4'Ac Jan 14c Jan 9'A 13 Jan Jan 78c May 25% May Co Brown $5 Corp convertible $3 2nd Canada & Canada Dominion Fairbanks Canadian General 26'A May Canadian Industries Selburn Oil Co Ltd • 2.06 1.96 2.17 25,950 18c 16c 21c 16,250 10c 1 17 %c 2,500 17c Apr 27c 915 31'A Jan 39 May 43'A May 48 9% Jan 775 39% Jan 55 12'A 15 4,305 S% Jan 16% May 116 270 97 Mar 51 50'A 51 727 47 Mar 7.50 7.50 7.50 600 20% 20'A 20% 900 20'A May 14'A 14'A 100 13% 4.60 4.55 4.80 15,200 61 61 61 10 49% Jan 63 Apr 23'A 24 320 20% Jan 24% Feb 35 35 110 33 Jan 165 165 5 165 3.50 3.60 380 3.50 8'A 8% 6,530 6'A 75 75 290 112 .1 Canadian 1.01 May • 5,930 54 _• 10'A May 15'A Feb Security Freehold Petroleums Sugar Canadian Collieries Morse commoni__* Investments—.__ . * * common Feb May May 12% . ; • Vinegars 16 51 114'A .. 1-5 — Jan 11% ♦ preferred Gold 7 13T4 * 1st preferred cumulative Bulolo 1,605 16 52 __1 common 14 14 • ; 14 11% .—5 Anglo Newfoundland Asbestos 7 35 — 6.00 122 May 52'A May Jan 9.05 Mar Feb ,24% Feb Feb 15 4.40 May 4.80 May 1 37% May 175 Jan Mar Warrants Benator Rouyn 17c 17'Ac 85c 1.35 Jan 1.71 Feb Preferred Jan 2.24 May Canadian Marconi Jan 25c Canadian Western Apr Jan Class A Bbawkey Class Sheep 120 29c 21,290 18c Jan 37c Apr Dalhousie 16 16 200 15 Feb 16'A Jan deHavilland 31'A 31'A 100 31 Feb 33'A Jan Dominion 1.52 1.52 1.55 1 3.25 3.05 3.45 2,900 105,160 19 20 405 18% 19 19'A 205 18% Jan 50 Mines 1 * B • Creek Gold Bherritt Gordon Sicks 43'A 24c 50o 1 43'A 31% preferred (1945) 36% Breweries Voting trust __ 1 Silver Miller Mines 1 • 10% 8'A 100 •- see page 43. 35c 6.00 675 37c 14,250 ' 28'A 1.71 1.84 82,500 2.30 1.75 • _ B Preferred 5.10 28'A 50c Bilverwood Dairies class A For footnotes 35c 5 Silver Standard Mines Class 6 00 1 ; common - 75 71 May 4.40 May Jan Jan 10 Apr Mar 82 Jan 1.70 1.70 200 1.20 Jan 3.90 Mar 37 'A 37'A 39 3,079 32% Jan 40% May 45c 38c 46c 30,600 30%C Jan 48c 52 50 52 140 38 Jan 57 63 120 55 Jan .__5 • Consolidated Paper * Oil 1.25 Jan 1.75 Feb Dominion 2.86 Jan 4.60 Jan Bridge Donnacona Jan 21'A Mar 21 Feb Hayes Aircraft Glass 2.36 520 35 10% 10'A 8y2 8'A 5 95% 96 53 508 5.65 25c May Mar 7.50 42c 61 common Paper May 28'A 28'A 50 28% May Jan 33 33 34'A 620 33 54 56 1,690 52 Mar 26% 26% 100 29 30'A _ 21% Jan *73 May 31% Jan 54 Feb 67 5 Apr 41 Jan Feb 60% Jan 28% May Jan Jan Minnesota & Ontario Paper 1.85 Apr Apr Apr 3.00 Jan Pend Oreille — Niagara Wire Weaving Ogilvie Flour common Bros 28'A May 10'A 64 267/a Utilities Jan 7% 75 • Paper common 85c 9% 73 .7% Steel International Jan 94 73 • 23 2.30 60 * International Mining 8'A * * " • common certificates Sigma Mines (Quebec) Silanco Silknit Ltd 28c . 3.60 • Westinghouse Copper 34% Winnipeg Brewery class A Shea's 34%' —1 Lumber Canadian Coast Shawinlgan Water & Power common—* TOO : Jan Price Feb 10'A Apr Temiskaming Apr 97 Apr Third —5 'Xi _ * Mining Canadian General — ,29 "III lnv__.— ♦ 895 25% Jan Feb 34 ' 29% 29% 27 Jan 32** ^*eb 24'A 24% 400 21% Jan 25 Feb 7.10 7.25 825 7.101 May 30'A 30'A 33% 10'Ac 6'/aC 12c 1,260 108,575 5 5 150 * ♦ —-' 7.20 ' T • - 95 28 Jan €'/aC May 4.801 Jan ,9.20 Feb • - 36% 12c e Apr.,, May 5 % Mar Volume 173 Number 5013 . . The Commercial and Financial Chronicle . (2127) OVER-THE-COUNTER SECURITIES Quotations for Friday, May 18 Investing Companies l _ Mtotaal F—■:;p*r'v->1 Affiliated - Fund Inc_, Amerex Holding; American 1% i . Corp_: American Bond Mutual Fund Inc Inv Tr of 4.78 5.17 - 46 ,_1 "-•* ' 4.00 12.29 10.07 10.87; 5 17.70 2% America „1 Investment ■ 24.50 B-l Bowling Green Fund Inc— Net asset value1 Broad Street InvestCorp Bullock Fund 9.36' 20.40 1 23.12 37.93 41.01 ___1 .22.10 Christiana- Securities com_. _100 6,675 Preferred 100 140 Commonwealth Investment Bond A Pfd 1 K-2 18.22 Diversified Funds - Automobile : Bank 8.63 1; ^ Aviation r V 10.59 11.61 10.63 Industry 1 Diversfiied Investment Fund_l Diversified preferred stock—1 5.13 5.62 13.12 14.38 Electrical equipment— Insurance 1 stock Machinery invest Coast Public Mass 12.14 13.19 14.45 12.36 13.55 27.84 13.86 15.19 Utility 1 Tobacco 8.58 . Eaton 1 Shares 9.14 11.24 12.32 1 Dividend 8.34 10.23 1.79 1.97 Howard— A Balanced 25c Fund : Fidelity Fund Inc Financial First Industrial Fund Inc_l Boston Corp 2.70 31%- 5.56 6.16 • 7.23 7.86 Custodian Funds Inc— Preferred stock series ^lc 6.95 series lc 6.16 Fundamental Investors Inc Gas Industries Fund Inc 2 18.69 20.48 1 18.33 19.82 General lr 66.33 171.L2 5.70 6.16 Common Capital Corp General Group stock Investors Trust ._1 15.19 16.51 15.62 17.26 Nation-Wide Interest—1 Balanced Fund 1 Bond Low '7.79 7.64 1 7.54 5.01 Series 1 3.88 5.72 9.02 1 Priced Com Stock Series.l Natural Resources Fund Inc lc 5.61 24% 20 & Street Trading Fund Com Stk Fund (net Scudder, Stevens 1 13.o8 5.63 X8.44 9.25 X8.72 Machinery shares lc 9.56 Fund & Inc Technical Inc. Fund Texas Inc Fund Trusteed lc X7.29 7.99 United Merchandising shares Mining shares lc X8.99 9.85 United lc X6.56 7.20 Petroleum lc xll.54 12.64 Steel lc Utility Inc shares Industry Shares Income Foundation Fund 6.40 5.24 2.00 2.17 10c Incorporated Investors 4.43 4.85 ■=,. —5 Income series Fund 30.55 '33.03 Due Bid Ask 1-50 6- Bid 1-51 Ask b2.00 1.75% 1.80% 1- 2-51 10* 1-51 2-50 7- b2.15 2-51 b2.00 1.80% 1.85% 2- 1-51 11- 1-51 1-50 8- b2.15 1.70% 1.875% 3- 1-51 12- 3*51 1-51 12- b2.20 8- 1-51 b2.10 1.85% 2.00% 4- 2-51 1- 2-52 b2.25 fl- 4-51 b2.10 2.05% 1. 2.15% 5- 1-51 2- 1-52 b2.30 2.15 1-51 b2.10 1.85% United States Bid May 1951 24, 1951 7, 1.10% July 12, 1951 1.20% July 19, 1951— bl.64 bl.64 1951 June 1.25% July .10 Bid 63.60 Science 10.53 Value Line Fund Inc Street Investing 84c 13.58 14.17 94c 19.14 1 22.35 1 11.76 12:78 1 5.69 6.22 Fund 1 5.94 6.49 12.58 12.84 1 Wall 19.47 21.24 1 19.05 20.48 1 4.04 4.38 Corp 1 Wellington Fund Fund Inc July 5, bl.64 1.40% 1.50% bl.64 bl.64 1951 1.40% 1.50% August bl.64 1.45% 1.52% Unit Type • Trusts— New York North Amer Trust Shares— Series 1955 Kugel, Stone 8c Co. ....' Series New / Far Bank York Bank of New Fifth Bid 10.20 2.33 2.63 Manhattan 1 2.60 Avenue 100 29 Vo 307/a 334 52% Jersey Insurance of N Y 20 67 Lincoln 50% .10 65 73 %. Maryland Casualty common 25 Alliance 69 % 10 29 31 .4 42% 45 American Equitable Assur American Fidelity A Casualty.,5 American of American Re-Insurance American- Sufety ' 5 Newark Automobile 20 Continental Bank & Trust 10 Corn Exchange Bank & Trust_2o County Trust Co. < 45% 92 95 36% 38Vs 42% X 243/4 74 Massachusetts Bonding 5 263/4 283/4 5 31% 33% 4 5ys Casualty Fire 68% National Union Fire New Amsterdam 40 42 112 10 108 10 21 58% 60%; 22 10 31V2 65% 69 % *• 36 New Hampshire Fire. York Fire . 39 * Fidelity & .Deposit of Md 10 PtreAssri of Phflar. Fireman's Fund ofFrtseo HK- 55 Firemen's of Newark . )• ; ¥' ■H': „ Hartford Fire 70 58 - *• " 52- > — 20%" 21% 28% 55% 57% 13% H 14% "19% V 21 -4-,;.; 34% First National Bank National 1001,245 1,305 Bank— -10 • - , - Home 10 10 —100 62'/2 5 "' 32 34% ; 375 30% 395 39% 31 32% 10 39% 41 25 74 76 Bank A Trust__100 320 340 38 40 53' 55 57 59 Bank —!S Commerce___10 Los Bank of Detroit Angeles Security-First National Pittsburgh Mellon 29% 19% 20% 10- 100 1,540 Brook National Freeport N V— Morgan (J P) & Co Inc National «e^,« ..1 fL*!?? £ if United -20 48 52 100 261 268 --— ^ 25 -^2 * Portland First National Bank United States Nat'l 12'/2 Bank 20 100 46 /s 44 * ao 43 45 ; 101 241 105 A 8 251 gt> Louis Amer Exchange Nafj Bank__20 Boatmen's National Bank 20 pirst National Bank 17 Manufacturers Bank & Trust_20 Mercantile-Commerce B & T-100" Mercantile-Commerce Nat'l—100 Continental 205 - 220 41 24 37 43 54% 26 169 14% 16 25 54% 57 Mutual 25 59 Bank & Trust Louis Union Trust 20 Tower Grove Bank & Trust—_20 100 35 X51% Mississippi Valley Trust St Chicago City Nat'l Bank & Trust * Bank 2d States Trust 20 i 54% « NatiPnal 1,580 52% 20 City Bank XT Nat'l & Trust 299 290 United Illinois First National Bank Bank & Trust 100 56% 59 60 135 • 473/4 493/4 7% 8% Bonds— 1980 A Ask 98% Francisco 93% 93% Cons Edison of N Mariae.—1®$^ Gas 8*8. Bid (New H*vm»> Springfield Fire A Marine 102 102% 97%- 98- 96% Transmis 3y«s—1971 Stocks— Bid 102 ys' 10i% Alabama Pow Co 4.60% pfd_100 1981 1017s 102 y8 Florida Pow Corp 4.60% pld_ 100: Tenn 34% 10 44% 33% 10 —! -400 Fidelity A Guaraaty^Oo—2 —Z-L-4, .10; ——- —2' Power SMiS——L 1981 103% 104% Gas 3s_^—1975 98% 99% NCW England Powef 27/aS—1981 97% 98 Potomac Power 2%s—1985 94% 96 Cons Elec Odd lot sale Ask 96 96 Gas 1973 Michigan .10 95% Southern Calif Edison 27/aS_1976 DUke ' —10 Security 28%' Tenn Y— ———1981 —— Natural Lgt Bonds—(Cont .f Public Serv El. A Gas 2%s—1980 Consumers Power 3yas Seaboard. Surety, 27 V4 99% 94% (N Y) Republic (Texas) Westchester Fire Pow 93Vu 3%s Reinsurance Corp 36% San Bank of Amer N T A S A—6.25 Security Issues * 27/aS_198i Cons Providence-Washington U 3 Fire (J S Guarantee 90 248 Commonwealth Edison 27/«s_2001 Indemnity Co U 8 Bid Borden Co 27/as- a - 87% 240 Recent 21 Peerless Casualty Co 34 ,100 27% Fire Standard 'Accident— 33% 132% ■ 29 ■ 38 n? of Detroit 65% 27% Carolina *35%, .31% 128% -10 on ?nrt Peoples First National Bank N Y 42% 19% 26" .3.33% Travelers Hartford SteaWboBbr 39% 5 Northeastern St Paul Fire A -3oy2». - common. 5 10 Phoenix 5 Hanover Fire t i 49 *V' 5 —Greet American * !> Corp_—10 Globe M Republic Globe A Rutgers Fire - 42 66 5 Genera) Reinsurance Glens Falls — 36%- ,. V: rtonir 36 -12.50 Pacific 82 33% 650 36% 34 2.50 Pacific 10 ' 34% 38 % .,10 wofinr^oi National 33V2 57 2 Northern ■ 35% 55 5 North River %' 33 10 ' New 20% ..10 303 630 23 Fiduciary Trust National Bank & Trust—33 Vs (Detroit)—10 Casualty 112 Ask 293 100 rwio«? rS.®."?1 £ 5% 63'/4 16 Plains, N Y) Trust ^ Bid 100 . National National 108 Par ' . . r.ntrli .. 30 55% Federal 9% 21% 108% • 8% .;<:— Savings 75* 26% 53 Employees Group Assoc. Employers Reinsurance 22% 5 10 10 88 51% .25 Crum A Forster Inc 21 48% Merchant Fire Assurance Merchants & Mfrs 22% 65% .Connecticut General Life 10 Continental Casualty 1—;1Q 84 1 & 44% 61V* Public Nat I Bank & Trust—17% 10 —5 Fire 53% 10 Prior 28 .10 Boston Camden 28 20 % 10 Life preferred $1.05 Convertible preferred 26 2ya Bankers A Shippers. $2.10 20% __25 ,f s National Ask 693/4 Trust Union Trust Co of Bid Chicago—(Cont)— Harris 339 433/4 Commercial National Bank & Guaranty Trust 67% Companies Northern Trust Co Bankers Trust 10 Central Hanover Bank & Trust 20 Chase National Bank 15 Chemical Bank & Trust 10 Meadow " Teletype: N. Y. 1-1822 , w Co—10 Manufacturers Trust Co 10 , : York & Franklin Square, 4.85 Insur Co of North America New York 5, N. Y. Ask ^ the of Franklin 1956 Incorporated , Bank & Trust Empire 8.93 1 Aetna Life American 1951- City Bank Stocks Federation Bank & Trust Diversified Trustee Shares— Series E 2.50 Independence Trust Shares l .10 Agricultural 16, Primary Markets in (White Aetna Insurance American' Automobile 1.50% 1.50%' 1.30% 26, 1951 August 2, 1951— August 9, 1951 bl.64 bl.64 bl.64 „ 64.34 13.11 Par 88 Ask 1.50% 8.51 1 Ask 85 bl.64 bl.64 14, 1951. June 21, 1951. June 28, 1951™— 64.00 Insurance Companies Par Bia 7 bl.64 bl.64 May 31, Industrial Bank of Commerce_l0 Casualty A Surety l/o Treasury Bills Ask Irving Trust Kings County Trust Aetna Due 1.95% 1.95% 2.05% 5- 1.75% Dated 1-50' 11- 2.00% Bate 27.07 7.77 12.46 25c B Shares Whitehall X5.83 1 98.28 "14.30 7.97 X4.03 lc Inc Fund Wisconsin Investment Co X7.27 _lc Fund 2.97 *:13.22 ^5.04 9.67 • 1 5.4 J v Dated Telephone: WHitehall 3-2050 61.50 1 7.11 X4.92" X6.48 lc shares Plan X2.69 lc lc shares Tobacco Howe shares shares 98.8 98.24 9- ■■ Television-Electronics Bond stock 98.10 98.4 10- . Preferred Stock Fund Bond .9010 98.6 15, 1954 l%s March 15, 1955 l%s Dec, 15, 1955 ■ 56.19 *> 1 Union Equipment shares .9105 26.68 56.19 - 25 Fund Union Railroad 26.68 1 9.83 Railroad 99.8471 are in 32nds l%s March .9231 99.8625 20 Broad Street Corp.* II.06 ,'J RR 99.8797 Farnham X9.44 shares .9699 .9435 3.37 Shareholders Trust of Boston__l X10.55 shares Ask 1.65% 14.17 3.08 v shares—lc bond Bid iy4s NOV. 1, 1951 Values shown below 1.40% 19.37 1 Investing Company shares—lc Priced 13.75 18.01 A Clark xll.94 lc Maturity— Treasury Notes—(Cont.) 5 1 asset val) Electrical Equipment shares.lc shares .9709 99.9585 99.9237 Scudder, Stevens A Clark 9.74 Low 4V2 5 Inc (Geo) Fund Republic Investors Fund X8.89 8.58 96.28 Federal Intermediate Credit Bank Debentures Bate 25 Pine lc :? 96.12 26% Chemical X7.83 .9709 99.9595 "I II l%s Aug. 1, 1951 iy«s Oct. 1, 1951— iy4S Oct. 15, 1951 4.90 Investors Street Investment administered shares_,lc Ask 99.9595 l%s July 1, 1951 "B" l%s July 1, 1951 "C" l%s July 1, 1951 D"_x 19,27 Roe Institutional * 4.47 Stein Fully Bid 6113 17.92 Sovereign X5.13 100 5.13 • England Fund 1 Pacific Amer Investors com..10c $1.50 preferred : 5 New State Industrial 4.69 Low 8.35 lc 98.28 % Dollar Frlee Maturity— 9.86 9.52 shares 99.20 6.25 1 Industrial Stock Series Selected Group Series 9.u3 Food 99 98.16 4.24 1 Series X8.69 shares 1, 1953-1951 5.48 Series X8.51 "< l%s Jan. 117% 98.24 8.24 1 Stock 7.13 6.99 Series lc bond 13.06 1 Series Building shares General 16.07 12.08 1 Bond Stock Fund.lc Automobile shares ,1c Aviation shares lc X7.62 116 2%s Feb. 1, 1955-1953 1*5 Oct. 1, 1957-1955 100.I Treasury Notes— —„ series Priced Preferred 14.97 1 Putnam 8.90 1961 Federal Land Bank Bonds— 1%S May 1, 1952-1950 99.31 Ask 99 U. S. Certificates of Indebtedness June Securities— National Investors Corp National Security Series— 6.75 X8.12 Bid 98.16 3s ' Fund, Inc«^net asset value).* Selected Amer Shares.2 (The) 100 99.31 . 18.39 7.62 - Securities— Common 5.97 Petroleum 29% 1 Founders Mutual Fund Franklin 2.46 10 First Mutual Trust Fund 1952— 38.12 beneficial Speculative 18.09 5.92 5.42 17.01 of Stock 16.73 4.73 5.37 35.26 Ctfs 31.93 5.18 15, Feb Panama Canal 100 99.28 point 8.68 22.70 __5 4.29 - 7.92 29.86 5.00r 4.41 Bond Fund Inc..10c Investors Trust— 21.23 20c 1951 a Issues 5.70 1 Inc 4.00 5.17 1 Fund 3.95 lo Income Stock Fund Equity shares 4.81 3.58 Investors 2nd Fund Inc_l Mutual Fund of Boston Inc 1 Mutual Invest Fund Inc 1 11.21 • 4.36 Mass 9.07 7.83 ' 8teel 13.30 ■ 8.28 1 1 Railroad Equipment Steel 4.70 lc shares 99.30 15, 32ndg of 1*4 Feb l, 1953 99.31 99.29 15, 1951 174s Nov. 2 %s •4.45 4.26 lc 14.64 1 Railroad ; Paper shares 13.36 Fund—1 4.04 lo Manhattan 25.40 Pacific shares Petroleum 14.28 1 i 2s Oct more Other Central Bank for Cooperatives— 53.19 Industries shares—lc Home Furnishings shares lc Non-Ferrous Metals lc 12.81 It i Metals T 36.76 General 13.03 1 Merchandising • 11.69 • 10.85 53.19 Value) • Sayles Second Fund— Asset Value) 10 Automobile 11.28 Diversified - 9.93 36.76 Asset Business Equipment shares.lc Electrical Equipment shares-lc 19.48 _1 99.28 Managed Funds— 13.47 17.78 Corporate bond series '• 7.68 6.81 11.30 supply Chemical 1951 1951 12.47 7.03 (Net 15, 14, 100.1 19,27 6.21 (Low Loomls Aug Sept. 20:72 11.42 18.33 9.46 • 10.31 12.29 1 stock Building 14.32 13.07 18.99 17.66 16.80 - 2s 27.15 Stks) 1 com 99.31" 2^7.95 24.89 18.78 (Net 1 26/73 17.21 (Appreciation 1951 18.07 35.99 Inc— Agriculture • 17.68 30.21 8-4 17.00 29V2 16.57 -10.64 Priced com Stks).i Knickerbocker Fund 1 Lexington Trust Fund 25c Loomls Sayles Mutual Fund— 7.24 15.64 1 .12.67 9.74 15, 1.70s or Ask June . 1 (Income com Stocks) 8-3 27% 1 Fund 17.46 11.66 1' 27.69 145 Stk Fund Inc 15.94 1 1.80s 1.22 32.99 8-1 8-2 Delaware lc Boston , I 23.90 6.66 of (Speculative Bonds) 1~" (Income pfd Stocks) 1 (Appreciation pfd Stks) I (Quality common Stks)_i K-l 6.825 Consolidated Investment Trust,l • B-4 25.33 1 Chemical' Fund Figures after decimal point represent one Federal Home Loan Banks— Bid -86c 1.10 1> (Medium Grade Bonds) 1 (Low Priced Bonds) 1 B-3 22.05 Ltd Century Shares Trust Composite 9.37 _i~5 13.66 . (Investment - Bonds) B-2 _10c - 12.47 igations of Government Agencies Ask 78c lc Investors Management Fund Keystone Custodian Funds— 22.15 , 22.66 Trust . lc Stock and Bond Group Investment Co of America 2% 20.60 Fund Inc 7% - Bid lo Insurance Group shares 19.24 6'/a 1 Group shares Group shares Bank 11.31 _1 Par Ltd— Aviation 4.33 1 i Mutual Funds— Institutional Share* 1 Axe-Houghton Fund Inc Axe-Houghton Fund B Beneficial Corp_^_ Blair Holdings Corp ; Boston 101 „ Business Shares :A*k''":< Bid: ,. Gas 4.64% Texas Ask 104 102 Transmission— preferred Eastern 4% % 102 100 93%" 96% Transmission— preferred 100 103% 104% (not include^ in year's range), b Bid yield price, c Ex-dlvidend_$2 and share of rtook- 4 Deferred ^Uvtry mde*' ^not^tadudcd 1n yeax% range).e'Ex*iireerest. irrnr price, k Admitted to listing mt H. Y. Stock Exchange. * Admitted *0 trading N. Y.^Curb. rCaim •ales (not Included In year's range), t Kx-llqUldatlng dividend. (Un) Admitted to Unlisted Trading privileges; -wd When delivery, wi When issued. ~ x Ex-dlvldend. yEx-rlghts. z Ex-sstock divlden*!. •No par value, tln defaolt.' fUdWtKmttt'art'«tlbje0t tdi all Federal taxes. . 43 44 The Commercial and Financial Chronicle (2128) Week Ended THE COURSE OF BANK CLEARINGS will show an increase compared with a year ago. clearings this week Bank Federal cities of the country, indicate that for the week ended Chester— for all cities of the will corresponding week last year. above those of the 16.5% be of 14.8%. this center there is a gain for the week ended Friday 1949 1948 1 $ '• + » . ' 1,233,175 + 29.3 + 49.3 969,104 + 30.2 ' ' 1,285,891 1,167,980 ; 1,078.364 1,075.787 16.5 3,225,714 879,000,000 + 13.2 2,834,009 + 28.1 5,159,256 2,722,449 5,350,106 + 19.9 + 25.6 5,658.165 + 5.8 11,143,192 9,436,290 + 18.1 8,136,885 6,865,413 +18.5 1,041,534,655 917.963,496 3,582,130 922,000,000 3,069,365 5,795,235 2,575,936 4,108,868 — — ' — + 935,249 1,121,263 1,168,578 2,726,866 3,418,067 > 3,925,264 851,000,000 3,631,786 Delawarer-Wilmington—. 1— Jersey—Trenton— • ' —. York— New for the week follows: summary Scranton... Wilkes-Barre Our comparative May 12 or Dec. %- 995,000,000 . — Our preliminary Monday, May 21, 1951 1,594,488 ——.—— Lancaster—- $14,844,123,141 for the same week in 1950. At . 1,261,660 3,758,061 . Philadelphia— Reading ; —— totals stand at $17,292,028,798 against . 1,744,059 .- Bethlehem— Saturday, May 19, clearings United States for which it is possible to obtain weekly clearings : District—Philadelphia— Reserve Pennsylvania—Altoona—. telegraphic advices from the chief Preliminary figures compiled by us based upon $' $ Third Inc. 1950 1951 . 7,222,666 2,268,200 5,146,560 9,472,888 6,197,136 8,301.020 6,469,507 * Total CLEARINGS—RETURNS ; TELEGRAPH BY Week Ended May 19— 1950 $7,125,459,390 +14.8 993,039.744 801,688,691 +23.9 *1,150,000,CCO 1,000.000,000 +15.0 551,642,588 506,446,776 + 345,750,328 New York 272,306,729 +27.0 342,800,000 - 296,900,000 +15.5 r Chicago — Philadelphia - - Boston... Kansas — - — - City 8t. Louis - - — r Pittsburgh.. 379,678,753 321,677,257 340,947,383 236,177,029 + 16.2 155,216,918 + 17.7 267,437,945 + 32.5 153,728,152 280,759,111 39,213,900 33,082,400 5,198,742 + 18.5 32,928,600 . ; — Columbus Mansfield All cities, five days Total +10.6 4,054,258 5,f97,046 7,028,122 + 33.5 253,833,337 +18.9 8,636,362 281,973,059 6,720,712 270,308,623 901,985,045 729,121,159 +23.7 769,474.804 789,588,025 2,734,036 >12,850,000 +16.6 + 21.3 11,798,000 109,319,159 3,494,933 + 20.2 2,565,420 11,785,000 110,715,879 3,143,550 204,313,948 7.8 80,754,642 , +17.0 2,892,917,740 +16.4 +16.9 698,454,146 + 7.9 +16.5 3,367,626,005 . 753,525,201 Cities, one day - West Virginia—Huntington Virginia—Norfolk We cannot furnish them issue of next week. South Carolina—Charleston— Maryland—Baltimore——— District of the foregoing will appear Sixth today, inasmuch as the week figures are not available at time of ends Saturday and the Saturday 108,156,657 3,437,925 207,852,151 249,897,855 95,099,547 Columbia—Washington—, (6 cities) 88,257,152 497,580,065 423,287,921 going to press. give final and complete results of the previous week For that week there was an increase of 12.4%, bank clearings at this center having recorded a the week — 14,768,701 + 37.9 + 10.1 215,300,000 4,735,997 + 57.0 + 12.7 3,960,904 4,176,856 94,760,588 + 18.6 85,007,379 91,248,870 + 32.9 6,581,450 485,272 112,749,142 + 29.0 86,206,528 84,919,158 6,794,584 + 11.4 398,141 109,595,201 114,371,895 734,368,054 Louisiana—New Orleans Total ; Seventh Federal 612,916,044 + 19.8 597,508,617 619,573,052 and in the Atlanta Reserve Bend Rapids- SUMMARY 1 . Federal Districts Reserve Boston 2nd New York- 3rd Philadelphia $ + 9.3 520.504.036 7,380,437,893 + 0.9 " 5 * 917,963,496 +13.5 901,985,045 729,121,159 +23.7 769,474,804 6 " 407,580,065 423,287,921 +17.6 413,278,439 412,731,911 " 734,368,054 612,916,044 + 19.8 597,508,617 1,128,140,369 937,318,440 +20.4 932,065,669 " 481,610,154 443,692,150 + 8.5 439,053,128 459,931,173 7 " 389,522,935 345,731,668 +12.7 341,931,149 10 « £10,861,552 422,664,065 +20.9 452,250,068;'" — City nth Dallas New " 321,715,985 " 15,488,025,440 +10.7 : now add our '7 +12.4 13,487,481,604 6,684,508,548 , Clearings at— —— 1950 $ 1,688,593 4,573,262 4,554,765 494,162,595 445,436,592 2,185,378 — FaU River 5,814,563 3,850,973 + 937,318,440 + + 26.1 2,884,110 2,929,816 8.5 11,729.749 + 16.4 7.6 5,125,135 3,566,947 11,435,820 5,621,752 3,809,673 20.4 932,065,669 989,115.535 + + 7.1 248,900,000 255,900,000 + 14.3 106,260.960 116,383,854 87,986,475 + 5.3 81,975,640 85,504,863 + 5.6 1,916,528 2,142,453 + 8.5 439,053,128 459,931,173 2,285,783 —+. (4 cities) 2,165,184! 481,610,154 Paul 6,944,370,228 6,254,623 , Dakota—Fargo— $ 2,374,646 4,250,855 427,913,973 1,953,683 — 986,870 +11.0 988,623 +22.6 1,916,749 + 1.8 8,047,745 5,835,790 25,585,849 8.0 28,225,290 11,598,790 + 1.9 10,529,226 - — 8,168,068 345,731,668 +12.7 341,931,149 371,985,802 598,943 + 93.8 609:338 408,805 654,697 630,321 7,448.695 109,029,082 + 26.1 118.808,388 6,753,090 + 31.0 8,432,770 112,301,051 7,750,832 12,350,867 + 41.7 11434,173 13,491,073 271,069,044 + 17.1 291,527,261 306,613,750 11,584,749 1 +28.7 + 14.4 317,328,073 - 511,280 7,576,366 8,844,767 17,501,952 — 9,565,827 + 23.9 10.148,064 11,523,714 7,165,834 3,481,637 2,703,206 + 28.8 2,413.433 2,338,792 2,506,360 + 88.4 2,339,935 2,018,175 510,861,552 ——— — 5.9 27,749,700- 422,664,065 + 20.9 452,250,068 465,509,291 + 2.9 1,337,348 1,536,157 547,291,138 + 9.3 520,504,036 8.147.514 547,837,323 Worth Galveston-. i . Wichita Falls Louisiana—Shreveport Total (6 cities) 233,794,016 28,212,230 31,511,666 5,191,000 5,173,247 - _i 8,795,529 262,735,211 Dallas——— Fort 33,275,400 1,500,821 Texas—Austin 12,154,944 35,964,000 1,543,787 r— S;838,375 Eleventh Federal Reserve District—Dallas— 26,671,885 + 33,860,900 — —r +16.6 137,420,626 —_ — . Total (10 cities) 6,154,025 £98,149,708 Uhode Island—Providence 3,466,871 9,112,596 4,721,358 8,553,372 +16.7 11,813,459 —— Hampshire—Manchester 9,002,964 6,537,556 27,643,490 —— 3,361,202 3,574,943 2,250,379 9,166,358 Connecticut—Hartford 6.796,194 2,935,078 658,092 Colorado—Colorado Springs- 919,483 2,059,692 7,626,205 Worcester 6.836,536 + 15.6 1,934,247 + 2,524,728 Springfield + 29.2 + 11.3 3,658,164 1,160,610 ,447,799,317 8.0 5,412,120 2,796,015 389,522,935 Missouri—Kansas City. St, Joseph 4,618,061 +10.9 82,982,114 4,229,940 10,622,354 Kansas—Topeka 1,970,053 0.4 6,369,200 260.842,153 82,222,082 8,668,119 Omaha— 1,755,054 5,867,247 231,656,888 1.2 6,993,024 Lincoln $ +15.7 + 11.8 + 17.3 — Tenth Federal Reserve District—Kansas City- 1948 Dec. % 87,060,936 3,110,604 Hastings 1949 5,593,919 232,097,918 85,998,685 — Total (7 cities)-— May 12 Inc. or 443,692,150 272,313,705 * — — Helena— 14,152,631,548' 1,095,281 —A— Bedford Total (12 Cities) 11,867,474 + 20.9 28,261,831 111,340,491 Wichita— 1,954,265 — Massachusetts—Boston new 1,270,802 769,584,305 4,143,379 Nebraska—Fremont $ Portland New Haven 13,382,953 1,242,726 712,813,276 242.200,000 North First Federal Reserve District—Boston— — 14,053,344 5.1 1,128,140,369 South Dakota—Aberdeen— . 1951 New 7.6 + 92,646,470 Minneapolis—. detailed statement showing the figures for each city for the Week Ended Lowell 8.2 + t 127,277,901 St. 789,907,112-;.!, 751,072,887 6.654,371,651 +25.5 :' ' + ' 'V; *' '' ' week ended May 12, for four years: Maine—Bangor + 1,473184 700,874,186 3,242,863 7,087,292 Ninth Federal Reserve District—Minneapolis— 282,484,698':;7, 3$7,3j34,051 +27.3 13,780,463,736 8,348,185,904 City— '■ We 3.869,271 30,019,327 14,152,544 3,528,016 26.625,259 * —,— Minnesota—Duluth—. 465,509,291 729,343,679 928,400,549 —112 cities York + 27.1 12,881,551 ■ Montana—Billings. Outside 59,266,457 7,128,618 259,400,000 Total 371,985,802 , 290,696,083 1 6 10 12th San Francisco— ' 61,997,227 5.1 989,115,535 4 —7 2,865,155 + 20.1 619,573,052 " 0th St. Louis Total— + 13.3 6.765,549 Illinois—Quincy———. 789,588,025 17 — + 3,169,213 Kentucky—Louisville Tennessee—Memphis- 962,184,035 883,342,738 10: 0th Minneapolis 9,041,605 66,507,248 3,915,969 Missouri—St. Louis— 7,475,763,463 " —; Atlanta- 6;468,17T Eighth Federal Reserve District—St. Louis— 547,837,323 7,060,681,146 1,041,534,655 1,460,088 11,198,202 . 1948 7 - 7th Chicago 10th Kansas Dec. % 7,445,998,053 " 11 Otb Richmond 6th $ 56,764,000 4,089,221 — Springfield 1949 547,291,138 6,705,096 54,972,000 847,362,650 CLEARINGS Inc. or 5,779,407 + 24.3 1,548,846 ■ 1950 $ 12 4th Cleveland BANK + 99.9 60,115,000 74,708,000. 15,229.505 ■ £98,149,708 12 Cities . OF 1951 6,108,146 32,470,045 ——————— Total (17 cities)— Week Ended May 12— 10,335,443 4,975,363 Peoria; Federal Reserve Districts: -1,311,111 + 15.6 3,590,702 ROCkford— In the following we furnish a summary by + 14.2 + 17.8 5,852,527 4,553,373 9,505,347 — Decatur—. f 1,583.654 11,284,737 79,901,138 jl. Des Moines provement of 20.9%, in the Dallas Reserve District of 10.7% and in the San Francisco 7,483,418 463,457 6,763,686 9,103,057 v — Sioux City—Illinois—Bloomington—_ Chicago—— In the Kansas City Reserve District the totals register an im¬ 88,316,944 1,808,318 , Terre Haute Iowa—Cedar 5.9 - 13,293,512 . Wisconsin—Milwaukee enlarge its totals + 4.172,615 District—Chicago— Reserve Rapids Lansing Indiana—Fort Wayne Indianapolis by 20.4%, the St. Louis Reserve District by 8.5% and in the Minneapolis Reserve , V Grand South Reserve District of 27.3%. + Michigan—Ann Arbor In the Cleveland Reserve District the totals show an expansion The Chicago Reserve District has managed to cities)—I (10 18,643,565 73,626,630 222,900,000 4,582,903' 15,965,073 3,895,300 514,102 Mississippi—Vicksburg We group the cities gain of 0.2%. 23.7%, in the Richmond Reserve District of 17.6% list 77,049,253 412,731,911 70,196,413 + 20.3 121,230,277 8,487,557 Mobile the aggregate of ♦gain of 0.9%,, in the Boston Reserve District of 9.3% and in the Philadelphia Reserve District by 12.7%. 208.238,673 413,278,439 70,490,724 213,200,000 4,390,891 112,361,685 Alabama—Birmingham— District (including this city) the totals record a it appears that in the New York District of 19.8%. 2,831,883 125,604,225 Augusta Macon according to the Federal Reserve Districts in which they are located and from this District of 13.5%. +17.6 20,364,158 Florida—Jacksonville Outside of this city there was a gain of 25.5%, the week in 1950. same + 17.2 + 77,580,475 256,400,000 7,434,684 Georgia—Atlanta clearings for the whole country having amounted to $15,488,025,440 against $13,780,- 463,736 in the + 20.0 Reserve District—Atlanta— Nashville statement, however, which we present further below In the elaborate detailed Federal Tennessee—Knoxville Accordingly in the above, the last day of the week in all cases has to be estimated. able to 129,772,641 4,030,330 -'r+i'V . Complete and exact details for the week covered by May 12. 3,186,692 15,593,000 Richmond Total "Estimated (7 Cities) Fifth Federal Reserve District—Richmond- $13,170,877,592 $11,252,751,255 — Total all cities for week... of 160,772,956 302,452,927 36,991,900 9,380,054 301,936,966 —r. Pennsylvania—Pittsburgh— $17,292,028,798 $14,844,123,141 — cities, five days Total all are 7,323,695 5,748,982 - Youngstown—: $16,538,503,597 $14,145,668,995 Ten cities five days.. we 8,507,890 +18.8 Other ended 7,243,856 7,395;262 182,731,713 354,465,540 +40.2 280,495,839 J, Cleveland +18.0 478,011,146 ..... Baltimore our 962,184,035 833,342,738 Cincinnati +34.1 351,148,000 Cleveland in + 13.5 Fourth Federal Reserve District—Cleveland— Ohio—Canton 8.9 470,732,000 San Francisco • (11 cities)— % 1951 $8,178,727,194 ■■ 5,572,000 4,649,265 8,957,347 221,715,985 — 9,673,043 290,696,083 7.4 7,979.056 8,131,702 + 12.4 229,503,120 247,466,000 + 11.7 24,803,771 5,027,000 27,824,078 — — 6.8 8,078,000 + 11.3 4,201,634 4,470,027 7.4 10,970,117 11,314,244 + 10.7 282,484,698 307,334,051 — Second Federal Reserve District—New York—. New Twelfth. Federal Reserve District—San Francisco- York—Albany.— 47,064,550 Buffalo Elmira - 1 -Jamestewir———— New York Rochester .— —— Syracuse New Jersey—Montclair 4,318,931 78,143,291 +15.0 74,205,653 80,618,464 2,018,604 3.8 1,712,842 1,778,795 2,187,576 ' *1,934,960 7,139,839,536 7,126,092,085 21,974,946 21,371,959 + * +13.1 1,997,473 + 0.2 6,802,973,056 + 2.8 19,230,555 Washington—Seattle- 14,325,975 + 28.9 12,305,947 California—Long: Beach— 11,997,395 Pasadena- 934,673 798;454 San + 56,500,902 52,583,059 + 7,445,998,053 7,380,437,893 + 7.4 52,304,809 *54,250,596 0.9 7,060,681,146 Total (10 cities) • • 7,475,768,463 - Now included in 54,685,422 + 10 54,625,162 + 9.1 53,990,355 11,912,042 + '15.609,826 5.2 11.608,025 9,398,887 259,466,940 + 35.6 426,812,626 12,274,870 + 15.7 11,593,296 384,759,503 10,538.614 4,876,585 + 20.5 4,200,448 4,796.258 8,801,093 + 17.2 8;601,809 8,330,999 12,699.162 14,615,688 928,400,549 Newark, N. J. 729,343,679 27.3' 789,907,112 751,072,887 15,488,025.440 ■ Grand Total (112 cities)Outside New York——— ——* a 3,713,763 149,273,528 5,878,018 , * 3,483,627 139.660,970 10,311,343 —— Stockton- 42,494,072 16.1/ 114,358,932 1.6 0.9 14495,694 Jose_J Santa Barbara 808,856 41,128,679 — 42,346,722 114,705,161 + + 17,027,376 13,358,899 ■ - .13,719,408 49,145,509 , + 52.5 3,584.255 146,229,510 487,481,022 —- ——— San Francisco 13,790,375 +18.9 111,116.016 59,606,750 Utah—Salt Lake City_ 2,554,125 13,055,230 ' 3,642,935 147,473,136 22,872,358 • 169,425,376 — Yakima 7,208,261,320 18,460,774 a Newark' Total (12 cities) 30,301,163 2,982,948 15,519,878 —— Connecticut—Stamford Northern New Jersey 39,043,335 +16.5 2,094,851 — +90.0 2,864,746 89,871,864 i . 24,766,589 3,337,667 Binghamton 13,780,463,736 + 12.4 13,487,481,604 14,152,631,548 6,654,271,651 + 25.5 6,684;508,548 + * 8;348,185,904 " }Not available. . 6,944.370,228 Volume 173 Number 5013 . . The Commercial and Financial Chronicle . (2129) Company and Issue— Pursuant to the requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed: \. • Real RATES CERTIFIED BY MAY FEDERAL 11, 1951 TO RESERVE MAY 17, BANK 1951, TO TREASURY INCLUSIVE estate Eastern 1st EXCHANGE New TARIFF ACT OF 1930 gold mvge. bonds, due York Power 3V4%. sinking 1953 and Monetary Value in United States Power 1961-Jun 1 1888 May 31 1792 Jun 4 1890 Jun 4 1890 Jun fund due ser., 1 1700 Corp.— preferred stock, 4.50% series City Southern Ry.— 30-yr. 1st mtge. bonds, series A 4% due 1975 20-yr. 1st mtge. 3%% bonds, series B, due 1968 Kansas in New York Magnavox Co.. class A preference Metropolitan Ice Co.— Money 1st May 11 Argentina peso— 1 May 12 May 14 $ Basic ■": ■, ; 2.231573 Belgium, franc. .200000° .133333° .133333° .0705333° .0710000° ,0709000° Closed 2.231573 2.231573 .0193250 .0197250 .0197000 .0544060 .0544060 .0544060 Denmark, krone - .0200600 Southern 1st .144938° .144938° .00285625 .00285625 .00285625 .238379° .238379° .238379° .238379° .208700 .208700 .203700 .115606 .115606 .115606 .115606 .115606 .262440 .262375 .262400 2.772896 2.772896 2.772396 ± .262420 %, .496433° .496433° .0348000 .0343071 .328500 .328500 .328500 .328500 .193269° .193239° .193269° .193269° Armco .231225 Atlantic .239900 Union of South Africa, pound— United kingdom, pound sterling—— Uruguay, peso ■■■■ ; : .425531°$ tApplication depends upon .231000 .231121 2.733750 type of : . 2.800742 .561797°t <'■ .561797°$ .425531°t ;< .: .425531°$ .658327°$ .561797°$ .561797°$ .425531°$ Steel 1st lien Clinton .425531°$ 1st 4V2% Works Stores, (P.) (In thousands of dollars) Inc.(+) May 9, 1951 May 17, 1951 1950 St. Assets— Gold certificates Redemption 19,830,901 fund for F. 630,441 Total gold ctf. reserves 7,333 ;/ + 2,667 120,528 •541,925 + 120,353 + 462,455 4,990 and + Govt, advances— + 172 + 2,449 848,824 —— 165,527 __ District. in - 14.90+633 Bonds 6,643,679 — + 7,500 U. Total loans S. Govt + + securities. 22,397,136 securities— 22,944,051 ; '.0 + foreign banks— notes other of Uncollected Bank and — 26,202 5,461,515 cash premises items , 33 128,052 4,054,391 + + + 913,719 17,515 + .',-'7/7. and- Investments—Total — ——— 41,152 + 156 + 6,422 189,610 + 7,309 + & assets 53,054 — — 43,194,012 + 894,$96 + brokers chasing U. 3,933,618 U. Reserve notes 23,151,268 — 28,142 + Real 355,631 Deposits: accts. 19,072,082 S. Treasurer—gen. Foreign ! acct._ 745,395 Other + __ 238,730 + 319,560 U. 910,700 - + 303,251 - + 16,689 2,052 111,477 deposits Deferred 1 21,031,428 availability cash items Other liab., incl. accrued + 235 995 3,085,287 + 680,223 13,453 + 1,111 '!,+ '3,189,174 divs. .350,274 '+ V.333 U. Other liabilities 47,281,436 + 889,187 7 .+ 3,895,412 paid in. 229,279 (Section 7) Surplus (Section + 291 + 13,512 + 21.849 13b) Other capital _ of accounts. gold to serves, note certificate ances + 5,418 + 2,845 48.194,012 + 894,896 + 3,933,618 purchased loans 46.4% on 10.3% 31,264 172 . Industrial loan commitments— 2,592 23 1,286 Par 5,799 451 19 7 + 134 21 + 899 150 + 18 + 59 — + — .>>' <5,930 — 5 30,339 — — + • 5,440 — 497 — 330 — 55 1,641 indebtedness—_ of . 8,095 6% 12 + 1,256 — 5,560 — ^ of shows the the following principal changes for the week May 9: Decreases of $497,000,000 in holdings of ended United States demand Government deposits adjusted, securities, $589,000,000 in $372,000,000 in United and States Government deposits. 103 — 4,316 + 2,339 7% industrial, and agricultural loans de¬ $21,000,000 in New York City, $12,000,000 in the Atlanta District, and $11,000,000 in the St. Louis District, and increased by smaller amounts in most of the other demand Products, Silknit, Southern — 3,480 + 921 + 2,131 44 + 52 56 + 10 "<-V + ; — 'fi V;V' — 15,584 + + 2,693 18 + 95 — 372 + 1,458 9,057 + 86 + 159 1,347 + 4 + 94 591 + 24 + 291 5% ; Spring Spalding Sperry ———-———— districts; there was a net decrease of $22,000,000 at all reporting member banks. Real estate loans increased $21,000,000. Holdings Loans to banks decreased $150,000,000. of Treasury bills decreased $254,000,000 in 000 at all notes reporting member banks. decreased Government Holdings of Treasury Holdings of United States decreased $37,000,000 each in the $55,000,000. bonds (quar.) A accounts, — 24,347 & Electric, share Notices Below will be found Co., preferred and including those stocks common called called called for under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." NOTICE OF Date Page Buluth, South Shore & Atlantic RR. Co.— mortgage Talcott Terre Haute May 21 1791 1965—May 21 Inc. Tobin Packing 1991 1st & Fuel Manati trust bonds, 3V2% ser. due Sugar Co.— Union 5% REDEMPTION Company and Issue— Alabama Power Date Union Byers (A. M.) Page Co., 7% United United mortgage bonds, sy2% series, due Brillo Mfg. Co., class "A" stock— preferred stock 1972 Jun July Jun * 6% 2 * United 30 1370 15 6- 9 5- 5-15 1 5-15 25c 6-15 on 1 7-14 5 6- 1 9 5-31 25c 6- 9 5-31 6-15 6- 50c (quar.) 8 6-18 6- 75c pfd. 6- 50c 50c 6- 1 5-29 $1.25 7- 2 6-20 1 15c 6-15 6- 6-29 6-19 1 Entire issue at $25.50 22c 6-11 20c June 1 at dividend—. 6-30 6- 25c 6- 5-25 48c (quar.) Entire issue 6-11 9 1 $103 — (quar.) ■ 20c 6- 1 5-11 6-15 5-28 5-28 7- 1 6-13 6- (quar.): 2 $1.75 (quar.) 2 7- 6-15 pfd. 7- 56'/4C 9 $1 57 Vac (quar.) 6-15 6- 4 5-31 5-21 15c 7- 6-15 3d quar.) 6-15 25c $1.75 (interim) (increased 7- 2 2 6-15 6-12 5-18 40c 6- 50c 6-29 6- 4 6-15 6- 4 6-29 6- 4 35c 5-28 5-18 25c 6- 1 5-15 $1.25 6- 1 5-15 8 5-29 Century-Fox Film Corp.— (quar.)— Gas System, Inc., preferred (quar.) Sugar Co. com. (quar.) (quar.)_ Rope Corp. 30c (quar.) 6-11 6- -— 20c 6-15 5-31 , Wire '20c 6-15 5-31 40c 6-11 5-31 7- 6- Extra Co.— 1st 6-30 37 >/2c 37 V2C Union PARTIAL 5-15 5-15 1 Uarco, Inc. (quar.) • 5-15 6- $1.12/2 Common Associates— mtge. & collat. 6- 6- — Coal 5-15 50c Works, 7% Leaseholds 5-18 6- 6- Corp. „of St. Louis (quar.)__ Co., Inc., common (quar.) preferred Trinidad Truax-Traer 5-25 6- 6- (interim). Insurance 6-14 , 5-15 Textron, Inc. (New Hamp.), $2.30 pfd. (quar.) Title 16V4c 25c ____ common Gulf Sulphur Co. Extra Time, 15y2c 50c 1888 20-year 4% sinking fund bonds, due 1957——Jun 8 Philadelphia Transportation Co.— Consol. mtge. 3% -6% bonds, series A, due 2039—_Jun 15 Water 1 5-29 5-31 3 30c (quar.) pfd. Texas Twentieth bonds this 6- 6-15 7- (quar.L com. pfd. B. redemption plus 6-15 5-28° dividend (James), Inc., 5-31 6-18 4Vz% preferred (quar.)— 7% TENDER Company and Issue— for share per bonds, notes, redemption, 5-31 6-15 8- (quar.) 4% Paper, 8 6-15 $1.25 (quar.) this 6- 3 — (quar.) Mining Co. iquar.) Portland Cement Inc. Sutherland list of corporate a plus 6-15 7- 34%c common.. called for redemption on June 11 per 6-27 $1.20 Webster, Inc. & Terstegge (quar.) & Clothier Co., $5 Company (quar,). Sunshine 5-31 6- 25c (quar.) conv. 5-21 5-28 6-11 $0.265625 (quar.)— (quar.) (Ky.) Corporation 1 6-15 60c : & Stuart 8 $8c . (quar.)— —_ Stone 6- 3c , Stratton Govt, 6-29 10c * com. Strawbridge S. 1 8 25c Extra U. 66- $1.12 ]/2 _ Brothers Co. 1 6-12 6-29 425c preferred G.) Oil 5-31 25c (quar.) (quar.) Corporation Standard 6- 30c ._ (extra) Water, Bed 6-11 6-15 $$1.75 class Ltd. Co. 6-15 6-15 12 '/2C — (irreg.) Co._ (Royal Oak, Mich.) Canada, Ltd.-— of Investment iA. deposit accounts, except and New York City, $78,000,000 in the Chicago District, $38,000,000 in the Cleveland District, and a total of $330,000,- pfd. __ convertible 1 6-1 75c (quar.)___ Mines. Southwestern 1 6-15 ' 15c (quar.)—._ Pacific 7- 6- 2 60c _ Hoist Inc. preferred 7- tl5c ... Corp. Indiana Gas 4.80% 5-25 6-15 $1,121/2 tquar.)— preferred Southern Holdert 9 par ; — 5% California Southern 589 3,275 )■ ______ no _L— (quar.) preferred (quar.) preferred (quar.) 4% 6- shrs. 41/4% 96 When : Dairies, Ltd., class B Singer Mfg. Co. (quar.) Skiles Oil Corp., 6% pfd. (quar.) 106 49,574 week Gas 1892 Payable of Rec. $1.10 — •; common (quar.) & Ltd. Silver-Miller Southern >''-<\ (quar.) Silverwocd 112 Redemption Galls and Sinking Fund 1st 1174 12 1/2 C of America, Corp. — 2,161 :'''V pfd. A (quar.) Gas, Sunray Oil, 4'/2% Eastern 1794 12) 37 %c — Mining Crane $4.50 preferred A — deposits: banks & preferred Shoe — 839 deposits demand Oil Sherman 6,505 Banks banks— ' Commercial, creased 1891 ,1 $1.25 pfd. preferred Shepard-Niles 51/2% — Condition Statement of Member Banks banks 1377 75c (quar.) changed from 4 V-: % Lines, Inc. Gas, common 13,364 * Reserve com. split of the will be Farms, conv. 20,603 — domestic value Superior statement of weekly reporting member Federal Reserve System in leading cities 1989 ; page to $10. Sunbeam The condition 1 special meeting approved a two-for-one a Sherwin-Williams Co. securities—Total Foreign banks Borrowings during Stockholders at, Seatrain foreign correspondents 1886 198!? 11 —Jun (quar. Seabrook 25,879 accept¬ for 0.2% 1886 v'7 . „ _. Bridge Co., Ltd.*. Schlage Lock Co, (quar.) + 341 — 17 + 125 r— Government to , A St. Regis Paper Co., 4.40% Sangamo Electric Co.— Seminole 263 —- Interbank 1886 issue. Sarnia pur¬ deposits adjusted deposits, except government Debits R. Jun Jun Share 7,702 + 1,132 Time Interbank 22 609 Federal with ! preferred Shattuck-Denn Demand S. Co.—" Company 2,9pir + — obligations vault Domestic re¬ combined Contingent liability for U. 145,732 deposit and F. liabilities „ ; Total liabilities & cap. accts. Ratio 510,022 _ this 7,630 + '■":+ 113 purchasing or carrying: obligations Liabilities— Surplus 716 113 — banks with in 5% Seattle bonds— Balances Capital Accounts— Capital for securities Cash Total dealers loans Reserve — — securities Government S. 1885 1951 stock, series A Joseph Lead Co. St. Joseph Light & Power, . agricultural —— Treasury bills Treasury certificates Treasury notes >7 32,360 ' Total S. 1, St. 1950 32,548 ■ ___ 1269 14 DIVIDENDS May 10, 1951 33,004 — Government to Other 2,948,731 + 21,476 and securities estate Loans Member bank—reserve U. and Government loans S. Other due Aug. (Continued from *5* carrying: or S. Other Liabilities— Federal — — Other Total May 2, 19,164 to bonds, , mem¬ 69,392 i loans Loans 1 Jun Co., ♦Announcement in (In millions of dollars) . Commcicial, Industrial, 801,315 Page Jun pfd. stock per Inc. ( + )or dec. (—) since "./// ,• Loans—gross 4 + 150 —— — Other assets ; banks— 1931 CALLED — increased j May S, Loans 1703 1 . New Regulator preference conv. Name of 7:<\v.V/<:/ 1951 4,996*611 + 146,727 1893 15 series, due 1958.Jun ISSUE conv. of gold deposits liabilities of reporting 732,979 ' from Government 13,285,233 26,300 Loans—net R. States " :-••••/;.. Assets— Total F. United v 5,771,150 . Notes 1 1962— districts. ' Certificates Due all ber banks follows: 3,250.451 —. adjusted decreased $470,000,000 in $56,000,000 in the Cleveland District, City, A summary of assets and securities: 1484 Jun due 5% cumulative preferred stock-May 21 Pittsburgh Steel Co., class B, 7% preferred stock— Jun 1 Plywood Inc., 5% skg. fund debentures, due 1967 May 31 Sunray Oil Corp., 4 %»% cum. conv. pfd. stk., series B_Jun 11 Sutherland Paper Co., 4'/4% cum. preferred stock-—_Jun 11 $106,000,000 of which $61,- $86,000,000 at all reporting member banks. Borrowings at all reporting member banks $24,000,000. 2,526,735 1 due Co.— 5% Demand deposits credited to domestic banks increased in most districts and a total of 105,796 2,431 Louis 1796 1970_Jun 3Vi%, deposits York decreased 2,632,531 + loans Bills. — 325,381 Discounts S. + 20,511,342 cash Industrial U. 10,000 R. notes Other — 1482 1 ref. mtge. bonds, series C, cum. $55,000,000 in the Boston District, and $45,000,000 in "the Chicago District, and increased $39,000,000 in the dec. (—) since May 16, Demand New or decreased 1 bonds, series A 4%, due 1962— Inc., $1,375 cum. preferred stock Co., Morrison-Knudsen in New York City. was series.Jun Inc., preferred stock Corp., mortgage 3.20% (New York and San Francisco Districts and a total of .$112,000,000 at all reporting member banks. Holdings of "other securities" 1891 1892 due 1968.Jun ser., . Minneapolis-Honeywell 000,000 B Inc., 1st mtge. bds., 3% Water Lorillard " & County Water Co. Kobacker Reserve Banks Combined 1 Jersey— mtge. 5% gold bonds, series A, due 1958———May 28 Broadway Department Stores, Inc., 6% cum. pfd. stk.__May 25 Celanese Corp. of America, 1st pfd. stock; $4.75 ser.—_May 31 Charleston Transit Co,, 6% cumulative preferred—_Jun 1 merchandise Slafement of Condition of the 12 Federal Jun May 31 1st .653327°$ • 1891 Company and Issue— 2.800664 .658327°$ 1795 1 ,_Jun series 1973 Ampco Metal, 2.783750 2.800625 .658327°$ .561797°$. 1 Jun Co.— ENTIRE .0348090 2.783750 .658327°t —.—— ——L7* Jun Date RR. bonds, .496433° , v 2.800625 <'.' .■! • • * 1961 .140154° ■ 2.783750 Closed 2.800625 —. 1________ .230900 2.783750 ____ Co. due Wilson & Co., .323500 ___ . !_ due 3% Reclaiming Co., Inc.— conv. debentures, Virginian'Ry. .0348285 'v'' "'A," subordinate .0343500 7 ■*. Uruguay, peso— Rubber 4V2% 2.772896 .140154° series Co.— Orleans .193269° Straits Settlements, dollar Sweden, krona U. S. 3 V4 2.772396 • debs, Gas mtge. .140154° , 1277 pipe line sink. fd. bds., ref. .140154° 'v r* mortgage 3%% coupon Sand Corp.— skg. fd. bds. maturing 1960 Theatres, Inc.— & 1st 1990 1 Glass New .496433° ■. .'496433° —^ — Switzerland, franc Closed .140154° peso 1954—July bonds, series A, due 1961 & .208700 .262500 Netherlands, guilder New Zealand, pound Norway, krone due Co.— Natural mtge. Texas .144938° .00285625 .238379° .___ .144938° .00235625 __. India, Dominion of, rupee Mexico, peso__—J •Nominal. .208500 .0200600 A, 1st mtge. bonds, due 1958 Sherwin-Williams Co., cum. preferred stock, 4% .939453 .208500 .0200600 .203700 (Metropolitan), franc Germany, doutsche mark Uruguay, peso .940156 .208500 .0200600 .144938° France Philippine Islands, Portugal, escudo .939062 .208500 .0200600 ! .940117 series Co.— subord. Gas 1st mtge. 3/2% Poli-New England .0198303 .0196000 .208500 rupee— Czechoslovakia, koruna 6% Shore stock Linking fd/ bds., 1st mtge. 4V4% 3.231573 .0198321 .0544060 . f — North Pennsylvania .0194750 " - .0544060 .942031 2.231573 12-year .0198375 .0193625 Canada, dollar Ceylon, .200000° .133333° .0712500° - 7%. Newman-Crosby Steel .200000° .0193375 Bank Notes— Brazil, cruzeiro $ .200000° .0710000° mtge. Minnesota Transfer Ry. Co. 1st May 17 $ .133333° * .133333° Australia, pound May 16 $ ■ .200000" Preferential May 15 ' # ' 15 Cumulative — Buying Rate for Cable Transfers Unit 1887 Jun , Noon Country Page Corp.— bonds, mtge. Florida UNDER i>ate Chesapeake & Ohio Ry.— Ref. & impvt. mtge. 37/8% bonds, series H, due 1973- Jun ' 1 Chicago Board of Trade Safe Deposit Co.— the FOREIGN A i Foreign Exchange Rales to 45 Carr-Fastener Fuel A Paramount Certificates Corp. Investments, preferred of (quar.) Ltd.— (quar.) Theatres, interest 1 — Inc., common $75c 2 8 50c 7-20 6-29 50c 7-20 6-29 46 The Commercial and Financial Chronicle (2130) When Per Light & Power Ltd. Co., 1 Argo 6- 9 Argus Corp, Ltd, common 6-15 6- 5 4'A% 6- 1 Arizona 2 6-15 '5-25 6-15 5-31 $25c 7- 3 V6- 9 25c 7- 1 1 25c 7- 5 6- 35c 7- 2 6-12 Utilities, Winter & Hirsch, 50c conv. 6-15 6-15 1 5-21 37 (4 c 6-11 5-25 50c 6-28 $1.25 6-28 6- 6- 6- 4," Power k 5-31 Bullock Fund, 6-15 5-31 Bullock's, Inc, 75c 6-13 5-24 73%c v 65c $1 93 %c <quar.)__,_ 56',4c —.—25c — preferred 5-21 5-21 Utilities General Co. j 5-11 Butte 1 5-11 Butler 5-21 5-11 6-11 6- $2 6-30 V 6-22 Atlantic Coast 4(4# Line RR. Co, 6-15 6- 5-18 Camden 6-12 common Atlas Atlas Powder Tack $2.50 Automatic 1 $1 $55c 4 'A % (s-a) 40c 6-12 5-23 25c 6-30 6-15 Service Ltd.— Co, Shoe Stores, Ltd. Agnew-Surpass Air Asociates, preferred (quar.) 0% of 5-15 1 5-15 B. 5-25 4va% 6- 1 4-30 Babbitt 6-12 5-28 Baldwin $15c — class Products, Aircraft Radio Alabama Gas Corp., Alabama 10- 1 $2.50 A class 6- 1 25c 8- 1 (quar.) 11- 1 Bank 7-23 25c 10-22 87 (Ac 87 (4c (quar.) $3.50 pfd. By-Products, 9-18 5-22 A (quar.) B (quar.) 25c 8- 1 7-23 Class B (quar.) 25c 11- I 10-22 50c- 5-25 5-10 25c 6- 5-17 —— Allied Finance Allied Gas Allied Laboratories, Inc. Allied Stores common 4% Co. Co. Corp., Allis-Chaliners Mfg. Portland Aluminum $3.75 America, preferred Co. Aluminum Aluminium. Petroleum Amerada additional One Beck 5 6- .8, 5-21 6- 9 5-15 75c 6- 8 5-15 ^93 %c ^933/.»c 7- 2 $25c ■ pfd. 6- 1 (quar.)— Airlines, Arch for common Arch Co. (Del.) (N. American Automobile American Beverage, American Board Business American Chain Co. (increased) 6- 1 6- 1 6- 1 5-15 6- 1 5-21 6- 1 5-21 American Forging American Fruit American Gas American Hide 5- 6-5 6% preferred American Investment Co. American Machine Foundry Co. Products Corp American Machine & Metals Co. 4(4 # Metal News Paper preferred 7 % 7 % 7% Goods 1 5-21 1 *5-21 $1.75 12-15 12- 1 Chemical- A Light Lines (quar.) Thread Co (quar.),. Inc, American Tobacco Co. American Vitrified Products American Window Glass Company, preferred issue $10.50 pfd. (s-a) Oil Mills,. for 6% 1 5- 7- 1 5-31 6- 1 5-10 6-15 7 6- 6- 1 5-15 7- 5 6-26 7- 5 6-26 •: (s-a) 6i 30c 6-30 t20c (quar.) $15c 6- 6- 1 5-21 5-10 $1 11—— . 5- 4 4 5-21 6-1 5-15 1 5-17 7- 3 5-31 5-15 7- Ltd 6-15 5-30 $35c 6-15 5-25 $25c 9-15 8-25 12-15 11-24 $$1.12(4 — 1st pfd. Western Lumber Co. 6-29 1 5-21 6- 1 5-21 7-16 $10c — 6- $50c (quar.) (quar.) 7-14 $30c $10c Ltd. — Canadian $2c Ltd.,. 10-15 * Common V Common Carborundum Company, new com. (initial) '25c — Carman & Co, 4(4# pfd. (quar.)— Carpenter Paper Co, com. (increased),— 4% convertible preferred (quar.) 3 5-31 6- 1 5-15 2 6-15 Carrier. Corporation 6- 1 5-15 6- 1 5-15 7-31 7-13 1 5-18 Case Catawissa 6- Cascades T- 2 6-20 7- 2 3(4# 6-27 5- 7 7- 2 6- 1 7- 1 6-20 7- 1 6-20 preferred 6- 1 4 5-18" 8- 1 7-20 Ceianese Corp. 1 5-10 6- 1 5-10 6-11 5-25 10-19 8 5-25 1 5-15 $1.12(4 6- 1 5-15 25c 6- 8 5-23 if 585/tC pfd. (quar.) (quar.)______ 7- 1 6-20 \h 7- 1 6-12 7- 1 5 75c $4.75 1st 6- 1 5-15 32c 6- 1 5-21 6- 1 1 5-21 at $105 per share plus this dividend) Light & Power Co.— — preferred (quar.)— preferred (quar.), $2.36 preferred (quar.) Central Foundry Co, 5% preferred Illinois Light Co, preferred (quar.),, 6- 1 5- 7 1 5- 7 6- 1 5- 7 59 c 6- 1 5- 7 $1.25 6- 1 5-15 30c 6-22 6- I *'4(4% 6-12 6- 1 Central 1 $1.06(4 62Vac 7- 7- 2 6-15 1 6-25 4% Illinois Public preferred Central Maine 3.50% preferred 25c 6-12 5-14 4.60# 6-30 6-30 6% 17'/2C 5-31 5-15 Central & 5 5-22 Central Vermont 6- 50c 1 5-18 4.15% 6- 1 5-11 Century $1 (quar.) 6-15 6- 7- 2 6-13 Chain 87(40 (quar.),,. 7- 2 6-13 1 (initial) Co, common 4.75# West preferred preferred (quar.) Co. Fibre & Co, com. 8-10 Trust Ho^c & Bearing $1.25 iquar.) Rubber, (s-a>— Co 12- 11- 9 40c $1.12(4 7- 2 6-13 (s-a)_— (quar.)—,——— $3.50 6- 1 5-15 20c 6- 5 5-24 TransH, 6%- preferred—,—— Chesapeake & Ohio Ry, com. (quar.) $1.50 6- 1 6- 1 3(4% conv. preferred (quar.)— Chicago Corp, $3 conv. preference (quar.), Chicago & Eastern Illinois RR.— 87'Ac 8- 1 7- 6 75c 6- 1 5-15 A (accum.) 50c 7-16 7- A (accum.) 50c 10-15 10- 1* A (accum.) 50c "12-18 12- 3* 6-20 6- 8 5- 4 Chicago Traction, Light <fe Power Ltd. (s-a) J$1 6-15 Chicago & Chicago 6- 5-14 Chile Air 1 Co. Oil (quar.; Co., ——— 7-16 7- 2 Chrysler J20c 6-15 6- 1 (quar.) t25c 7- 6- 5 Cincinnati Milling Machine Co., common 4% preferred (quar.) t$0.234375 7- 3 3 6- 5 Is 7-10 6- 1 Is 7-10 6- 50c 7- 5 6-27 $1.25 6- 1 5-21 25c (filial) common 6- 1 5-18 1 8 5-31 Corp. 25c 6-15 6- 25c 6- 5-21 7-16 6- 8 50c 5-25 5- 8 6-12 5-16 1 1 35c 6- 1 5-10 $1 6- 1 5-10 Cincinnati New Orleans & Texas Pacific Ry. 5% Ltd.— '6- 25C (irreg.)— (quar.) 93%c com. $1.75 2» $2 Cab Cotton Copper Lines — (quar.), Ltd. (final) Co, Southern Yellow Building Arts 5-10 40c Co, com. (interim) preferred (quar.) Motor Medical Chickasha Bristol-Myers registered 6-20 class 7-14 Co, 50c class 10-15 Tobacco ' class 1 preferred — $2 1 Ordinary bearer Corporation $2 1 British-American 1 $2 8- Ltd, (quar.) 5-11 1 6- Co, 1 6- II- Oil 5-10 6- 5-21 J25c 3% # 5-25 75c 6- 50c — Note, 6-15 6-15 5-15 $25c Bank 1 1 6-15 6-15 J25c 3%# 77- 6- (quar.) British-American 4-30 5-25 (quar.) Brazilian 6-11 5-31 $3 Roofing Co, Ltd, class A (quar.) A 2 50c (quar.i, — Cordage Co, Ltd, class A Class 2 7- 50c I com. — 5-10 6-11 6-U 7- (quar.) Charleston 8-10 2 ,15 c $4.50 preferred (quar. )__*'_ Chapman Valve Mfg, 7% preferred Charis 6- 7- $1.50 — Paper v $1.19 5-10 9- 6-18 6-11 87'Ac (quar.) 5-31 $3.08 5-15 6-30 $1.04 (quar.) 4-30 $1.25 6-15 6-30 Service (quar.) Mills, Inc. Ribbon Belt Corp. Public 1 9 2 5-31 7- 22'Ac — 5-25 11- 1 $1.15 (quar.),, 6-30 9- 1 6- 30c (quar.), . 6- 12- 1 6- 6-22 $1 50c $2.50 —: com. 5- 6-30 30c common— (quar.i— South Champion 6- 5-31 55c $1.12(4 Service, (quar.) preferred preferred 20c 60c (increased), 25c 25c (quar.)— (quar.) Power ; ' $1.50 25c (quar.)_ (monthly) com. i 6- 62'Ac — 7 : Corp. Building Hollywood $1.06(4 (quar.)— 5-31 27'Ac — Monthly Central 9 20c (quar.) $1.10 Central 9 5- May $2.50 5-2H 6- •5- 5-23 pfd. for redemption on 5-23 79c (s-a)-*,__ preferred (quar.) $1.25 5% preferred (quar.) $1.25 Cities Service Co. Brown 6% 6-30 6-22 9-28 9-21 $1 12-21 12-17. 6-30 45-22 $3 12-21 12 17 Bigelow, preferred Brown $6 & Rubber Brown Shoe $3.60 (quar.) (quar.) (quar.)—* Company, new $5 1st pfd. $3 2nd preferred (initial) preferred Brown common (quar.) $1 6- 1 5-15 9- 1 8-15 6-U 5-11 50c 6- 1 5-15 20c City Auto Stamping Co $1.50 (initial) Inc. 4-30 Investing Co, common 5*4% preferred (quar.) 5# Equipment preferred 6-15 5-28 Co, Co, com. (quar.)'— preferred (quar.) • 1 6- 1 • 5-23 6- 1 * 5-23 Clayton & 40c (increased), 6- $3 6- 1 5-18 Clearing Machine Corp. 60c 6- 1 5-18 Cleveland 90c 7-31 7-13 Clamssner Hosiery Co. Electric $4.50 preferred (quar.) 1 6r15 Co. 75c 6-U 5-29 6-15 5-29 37'Ac (quar.) Lambert Mfg. 7- $1.25 common $2.50 5-23 $1.37'4 (quar.) $1.50 (accum.) Co, 5-31 City Clark 1 1 6-12 75c 75c preferred America of Arizona 1 66- (R»a)_ (entire issue called 31 11- 25c $1.75 1st preferred J 5-15 6- $1 i | fl-17 $1 (quar.) 5% RR, 2nd Central 6- Corp, com. I 6-ia 5-25 50c preferred (quar.)— I.) Co, common (quar.) (J. 5% 6-1 Plywood 8 75c 1 1 — Carson, Pirie, Scott & Co, 4(4# 6- $1.06(4 4% convertible preferred (quar.) Carpenter Steel Co. (quar.) 7- Electric— Brooklyn Telegraph & Messenger Co. 6-18 $3 (s-a) —j Estate Roller Brockway $1 ~I—_ 1 6- Brantford New (quar.) 5-15 2 1 * 1 1 6- 4 Brantford Ordinary redemption on share plus this common Real preferred 1 75c preferred preferred 5-25 6- 31 (4c (s-a) (quar.) (quar.). 6% 6-15 preferred— per 6# 4 20c I (quar.) Common 5- $2.25 Corp. Ltd. Common 5-25 5-14 * 5-31 30c National Cotton 1 5 5- $1.35 ... (initial) (initial) (initial) British-American Anglo-Canadian Telephone Co, cl. A Arcade 6- 6- 12'4c _ dividend Anderson-Prichard Andian 6-11 Co.— common called at Boston 6-20 •75c 5% Co.__ (accum.)__ 6% New 15c (s-a) Inc, 1 5-18 60c (quar.) preferred 6- 1 ' — Co., preferred $1 1 25c 5% 6-15 6- 50c 1 6- 18c preferred preferred $1.75 6- —— Extra 25c 5% Bower common 5-13 $$1.25 — 5% 1 6-14 6- Trust, $25c Lamp, 6-11 $1.05 (quar.)—__ com. & new New 6- Motor 6-21 15c (quar.) ; Now 6-23 6-13 6-28 $$1 Mines, Tire Corp, 15c 2 1 Ltd. Co, Gold Quarterly Quarterly $1.50 RR.— Inc Maine RR, Common 1 25C Foundries Stove American Albany Fund, 1 Sanitary Corp. Steel American & & Boston Wovpn , Malartic Common — & Brass 6- $1.25 Locomotive Canadian 50c —— 5-31' 7- (quar.)— preferred Canadian Inc.— (quar.) 6- Ltd.-- Standard preferred 6-15 24c (quar.),— & Co, 2 (quar.) Investment Refractories. 4(4% $1 (quar.),, Gas 6-15 $1 Co.— International Canadian $3 7- pfd. Ltd.— Canadian 30c+r 5-15" $$1.12(4 (quar.$50c 4(4# Co, Ltd. common 5% 11-14 1* iquar.) Canadian ; 6- $10c Products, Machine 5-10 6- 12-14 -5-14 $75c 5-15 40c 1 1 6-14 Co.— 4 $1.75 ? Light, 50c (quar.)—— & A 5- $35c com.,, quar.) 5-21 6- Ltd, 5- Canadian lngersoll-Rand Co, Ltd 7% common (quar.) 50c „ 6- 35c Common . 1 50c Company (Interim) Borg-Warner Corp, common '3(4# preferred (quar.) Boston President 1 6 & Valley Aluminum Boston __ 7- Co, Bond Investment Trust of America Boston American June 8-21 7- 5-15 v a Borden 1 Smelting & Refining Co., Entire 1 7-16 Bohn 1 Radiator Ampco Metal, 9- , American $4.50 6-U 6- 6- 7% preferred (quar.) American Seating Co. (quar. Amoskeag 5-10 9- & Power conv. 5-31 (quar.)—, preferred 5# 2 $50c (quar.) Common 1 7- $1.12'A (quar.) 5% 6- 10c 6- B A.merican 5-15 25c 1; $1.06V4 (Phila.), 5# prcfeired (quar.) Blaw-Knox Company (quar.)—,——*— Bloch Brothers Tobacco, 6# pfd. (quar,),, Blue Moon Foods Inc. (quar.),——_——,— Blumenthal (Sidney) & Co, Inc. (quar.)— 6-15 A American 5-14« 1 6- $$1.12(4 $$1.12'A 6- f$l,75 Blauner's 9-15 Potash preferred 1 6- Power Blackstone $1.75 Class American 6- - Ice t$1.50 (quar.). (quar.)— Black, Sivalls Eryson, Inc, com. 4.25# preferred (quar.) $1.75 Class $4 10c 40c 20c (quar.)— preferred American 5-14 Black Hills (quar.) preferred v i— (increased) 5-29 9 Food Canadian 9 Co, 5-22 $20c (increased Canadian 60c Black-Clawson Co. 6-11 5-31* Dock & Fairbanks-Morse 6-12 5 6-U 5-22 $25c * (quar.) Common Common Class 1 $20c — 6-12 6-12 A Dredge Canadian 2 $85c class 5-15 12'/2C Cement Co._ 5-19 (bi-monthly) Canadian $1.18% (quar.) Electric 1 50c (quar.) Co. American (quar.) 6%-preferred (quar.) 6- common 5-17 50c preferred __ (quar.) preferred American Ltd., Co., preferred 4(4% Common Birtman 75c iquar.) 5-28 25c preferred lirreg.) Conv. $1 5.40# (initial)—, 6-13 1" — — Carpet 4.20# ' Maracaibo & Manufacturing Co. Bigelow-Sanford 6-15 iquar.) 2" t75c (quar.) 5-24 (monthly), Illinois of American Bibb preferred 4.25# Home 7- }$1 (quar.) Corp, 5-25 Co.— American American 3 5-25 9 7% Steel 9 75c Canadian 20c (quar.) 5-31 (quar.) 5-15 Breweries, Ltd. (interim) Canners, Ltd. (increased quar.) Car <& Foundry, com. (quar.) Canadian (quar.)—^ Limestone preferred 6-29 (quar.) & 6- 1., 6- $25c < 5c (quar.) 12'Ac Co. Leather preferred 12'Ac Inc Electric & 4(4% 40c Socket Co.— Growers, & 6-26 5-21 6- 6- 6-11 com. common 12'Ac Tiling Co. (quar.) Securities Co & 7-10 6-15 50c 5-31 7- 2 Extra 4c (quar.), European Howell, Bethlehem 50c • Encaustic American & Bessemer 6-15 50c .— 7- 40c 7- Bessemer Securities 5c Co 5-15 $25c (quar.),, Canadian 20# 5-15 6-15 25c American Bell Co. 5-18 5c (accum.) 6- Canadian 1 $1.00 dividend 1 50c (quar.) pfd. Gossett 1 $5 (quar.) Cable American Chic'.e Co. preferred & Foundry 5-21 5-15 6-U (quar.)__„i.__ (quar.)_^_„_———. 6- $1 Shares & 77c Stock Cannon <fc Iron Foundries, 6- 6-11 preferred (quar. I Belding-Corticelli, Ltd, Bell 6- 1 2 (quar.)— Belden Manufacturing Co. 6-15 $37'/2c 1 Corp. 6- 87'Ac (liquidating) conv. Inc. Shoe 5-21 1 5-28 6- 2 class B Berkshire (quar.) Insurance 4# 4%% S.) 5-10 4 7- 5-10 6- Savings Beneficial Corp, $6 preferred (s-a) Fine Spinning Associates each (liquidating) Y.) preferred Box American 7 5-28 Mills, 1 6- 1 6-20 7- (increased quar.) (A. 6- 15c , (quar.)_______ 6- 7-2 (monthly) Ltd, Paper, 15c 34%c (quar.), com. preferred 5-15 7- - & 6-29 common—_—__________ 5c Class A 4# preferred Co. American prior 5- 5 Inc.— convertible American 20c 8 dividend) (stock of 6- 6- *- 9 6-30 / $3.50 6-30 $30c ; American " t90c quar.) Corp. share 5-15 1 6- Lid Electric, 6- 75c (increased) com. 4% (increased Ltd. Amalgamated Beaunit 81 (4 c — (quar.)—: (quar.) (Canada) 6-15 50c (quar.) common preferred Co Cement of Co. 6-14 $1 . — 1 7-20 Co, 7-30 5-18' 6- Monthly 7- $$3.50 —±— (s-a) Power 5-15 .5-31, 7-2 Co., Power 7 $25c 6-15 6- 5-31 Bathurst 7 5- 7- 5-15 6- 30c (quar.)— ——: Co., 1 5- 1. Safeway, 4V2# pfd. (quar.) $$1.12V2 Steamship Lines, Ltd, 5# pfd. (s-a) $$1.25 Canada Vinegars. Ltd $20c 1 7-20 ————__— California It 1 Canada 6- Company of 6- 66- 5-15 6-15 75c (quar.) (quar.) convertible Alpha ; (quar.) preferred 3(4% (s-a)_ ;— 5- 5-19 Cok 6-15 $1.12V2 (increased)_, 6- 5-18 5-31 Oil 50c 15c Co. (quar.) $$1 6-15 6- Oil 5-18 6-15 5-10 6-30 Basin 5-31 5-31 Bareco Class 30c 6-15 1 40c H.) 5-11 7- (quar.).——50c Barber-Ellis of Canada, Ltd.—,*:—.—, t62'/2c <W. 9 $30c 40c $1.75 —__ <fc 4 6- $50c ——* $1.06'/4 common Trust 9 20c 6-20 10c $1.25 (quar.)— National America 7- 6-29 $32'/2c $25c 15c (quar.I——— Corp. (initial) Quarterly Barber Class $1 common Wyant 25c Inc. preferred (quar.) of 7- B 5- $50c 1 1 "a 7-27 Ltd. (quar.) Malting Co, Ltd.— Canada North West Land Co, Ltd.— Liquidating ■. 5-18 T.), .; 5- 7 i50c Canada 5-18 (quar.) 4,/4% (s-a) Canada 6- 10c (quar.) Youngstown RR.— preferred 5% 5-29 5-15 - 6-15 Bangor & Aroostook RR. Co, $5 pfd. 5-25 $1.05 71' ■7-5-15 1 Securities 5- 1 6-28 Bangor Hydro-Electric Co, 17c preferred (quar.) 47c preferred (quar.)—, 5-17 6-15 —___ preference A 7 ,'5-7 6-15 6-1 7-20 5-24 Class 25c 6-20 r 10c Canton & Anion, 1 ,10c Corp Canada Canada 5-25 12'Ac $1.12(4 prior (B. 5- * -$1 A Canada 5-21 ——- 6-30 25c Mfg Brass Akron 8- " ' — Co, Ltd, $1.30 pref. (quar.) As Dominion Sugar Co, Ltd Flooring Co, Ltd, $1 pfd. A (quar.) Foundries <fc Forgings, Ltd.— 5-15 Corporation, common (quar.),,,, preferred (quar.) D. Baltimpre Radio Show A 34c quar.)— 6-11 8c / 6- preferred for each share common held.. Air Monthly V. 7 5-15 —,—„—8IV2C ; Zinc 7 5- 50c 8c 6-1 conv. (initial com. 5- $1 Co— 15c (quar.) Manufacturing Corp. (quar.). Avondale Mills (monthly)— 6-15 10c share One (increased) Co. (quar.) Electric Campbell, 40c (quar.) Works Gear Corp. convertible 1 6-11 25c 22 (4c 12'Ac Inc— dividend. Stock 7-12 5-17 5-15 25c class Forge Co, 5V27c 6-21 America- ot Axe-Houghton Fund "A"_—I—_—— Ayrshire Collieries Corp.—„— 12 (4c 1 !. 5-15 " 6-15 6- 5-31 $12 (4c 3 7 (4 c ' (quar.)—— 1 $6c (quar.) 50C 6- 6-15 75c Mines, Ltd.,,: conv. kJ\ 40c (quar.) Canteen Co. 5-19 Co. 8- 6-11 $1 ' Canada pfd. Co Electric 6-15 Engineering 1 $25c Canada Cement (quar.) Corp. Aunor Gold Auto 5(4 % Wholesalers, Ltd, Corporation $$1.25 t> 1' ci 5-15 West Indies & — Atlantic (quar.) X 6- Association, class A Adding Machine Co. (quar.) California 5-18 5-15 Avco Aovance Ltd, preferred 6- "1 — Automotive Aetna-Standard 1 7# 5-18 1 Concen¬ <fe Butterfly Hosiery, Ltd, common 4-27 1 6- 1 5-15 6- (interim)________ Mining common.. preferred 6-12 30c Steamship Lines 5# non-cumulative preferred (s-a) Atlantic Refining Co. (quar.) 9 Manufacturing Co. <quar.)__ Aluminum Castings (quar.).- 6- • 1 new Copper Brothers, 4Vi "c $2.50 Coast 6-29 Co, $1.25 Light Co, common (quar.),, preferred "(quar.) — — Line Co. (Conn.) (increased) Atlantic 7- Mills, B $1.12(4 Gas 1 5-29 Payable 0) Rec. k Class 40c (Initial)—, Atlanta 1 6- Holder» Burns $1.30 preferred (quar.) preferred (quar.) 9 D.) 6-10 6-15 6-15 5-15 1 5-29 37"2c ; preferred (quar.)— 4.20# preferred (quar.)— 1 2nd 6- (J. 1 7- 6 6- 25c 47* 115c 50c — 6- I increased hi™, preferred (quar.) 2Vz';» I 6- 1st 7% 6- Adams 6- 40c 25c 6- 6% Associated 3 (quar.) 5-13 8 5-18 (quar.) Burton-Dixie 3 Co. Burlington 6- 6- 6-20 $1.25 Manufacturing 5-11 1- Steel 1 6-15 6-15 1 2 6-15 r IF.) 1 7- Acme Burkart Co. Extra 1 7- <quar.) 6- $30c preferred 7 6- 5-15 ' ' 20c (quar.) Sullivan Burroughs Common com. 5- 6- $1.25 common & trating 1 6-15 6-15 50c Ltd. 5-21 $12 (4c Ltd., 6- 6-15 25c " iquar.) Dredging Ltd. Hill 5 15 115c —_ common,,,, (quar.),,,. preferred • 6-15 J30c .. — Co._ 6-15 (quar.) Refineries, C-14 10# (quar.)— common •-—— 4# Bulolo Gold Bunker (quar.) Co., common preferred $1.25 40c $1.50 $1.75 5% i Refining, Company, $5 $5 preferred (quar.)—.— Associated Dry Goods, common (quar.) 6- When Budd A Burrillville Racing $1.20 class A Sugar 4-30 5-21 3 $25c (initial quar.) New common Acadia-Atlantic 1 7- 6-15 6-15 2(4% (stock dividend), Ltd.— Paper, 6- 30c 6-15 Share 4-30 6-15 I— iquar.)— 4(4# pfd. convertible Atlantic Gulf Aberdeen Petroleum Corp. Abitibi <fc 60c .; 5-15 1 class (quar.)__—„_j„ (quar.)—,', Atlas . 0-15 6- B Forge common..,,. dividend 1- paid. The list does not include divi¬ week, these being given in th« Company $5 preieired (quar.) Buckeye Pipe Line Co. Class 37'Ac 1 preceding table. Name of Oil $1.20 * Per Brunswick-Balke-Collender Buffalo Spring Corp Atchison, Topeka & Santa Fe Ry Co. (quar.) this announced preferred $3c $1.12(4 $1.12(4 5-10 25c —: (quar.) Equipment, Stock 8 6-20 5-21 1 6-15 Associated 50c 1 6- 5-25 (quar.) com. share plus accrued dividend (_, per Ashland 8 6- 5-21 1 6- Ltd., Mills, 1 $1.25 Carpet Co. (quar.) Ashdown (J. H.) Hardware, Ltd, cl. A (quar.) 5-31 6- $3.75 5-26 -- weeks and not yet (quar.), Corp, $4 preferred Aro give the dividends announced in previous we Co, Artloom •# 6-15 Wright-Hargreaves Mines, Ltd.—————— Wyatt Metal & Boiler Works——————— Below $103 6-15 1 56'Ac Power Bruck 6-15 30c — —,—— Armstrong Cork Co, common 5-23 6-29 (quar.) pfd. (quar.) Machinery Corp.— common 4 5- convertible preferred (entire issue for redemption on June- 14 at 6-15 2 6-29 pfd .(quar.) Steel 2 6- $15c preferred (quar.): ,— prior preferred (quar.)—— prior 4(4% 1 30c 35c (quar.) 4(4% Holdere- Share- Payable of Rea. 1 called 6-15 50c (quar.), preferred 7- 62 (4 c Brothers, 4'A# Worthington Pump & Common 7- 50c Newspaper Machinery Corp Woodward & Lothrop, com. (quar.)— preferred 2 (quar.) Edison 4*/2 # 6-15 $25e Wood Woolf 7- convertible preferred Armco 8 $1.50 $6 7# 6% (quar.)— — preferred (quar.),—* 6-16 (quar.)—-——A (quar.)— Co, 70c 75c 15c 115c $$1.12(4 —- Co, $3 partlc. pfd. Arkansas-Missouri 6-16 7- (quar,)—— Inc. $5 6-20 7- 6- (quar.)— Inc. Corp. Oil 6-11 $1.37(4 pfd. (quar.) — West Virginia Pulp & Paper—.——— Westeel Products, Ltd.——-—. — Wevenberg Shoe Mfg. Co. (quar.)— —— Wico Electric Co., com. (increased quar.)— 6% preferred A (quar.) Wilson Brothers, 5% pfd. (s-a)_ — Wilson (J. C.) Ltd——————— dends 6- 6-30 7(4c (quar.)— Ltd.— Pictures, Bros. Texas 5% 6-10 Farms 50c Co. Wayne Knitting Mills v Arden 5 25c Cotton When Per Name of Company Payable of Rec. 25c Archer-Daniels-Midland 6- 30c Baking Co.. common (quar.)———5(4# preferred (quar.)——— West 5-31 2 $50c Ward Warner 9 7- 5c Vulcan Mold «fe Iron Co. Wa basso 6- _ Pump Vising Anheuser-Busch, 20c Vanity Fair Mills (initial) Yesdor-Root, Inc. (quar.)——————-*' Vinu, 6-15 45c Bakers, Inc. Dutch de Van 6-30 50c (quar.)—, Co. Knitting Co. * Kamp's Holland mica Share . 60c ■ Universal Products Co., Inc, (quar.)—• Utah Company Monday, May 21, 1951 . ' (N. Y.) (quar.)———, XJ. S. Guarantee Co. Name of . Holdcrt When Per Holdert Payable of Rea. Share Name of Company , (quar.) 6-12 1 5-21 6- 1 15c (quar.) Illuminating (quar.) 6- 12'Ac 6- 1 5-15 $1.12(4 7- 1 6- Co.— 8 Volume 173 Number 5013 The Commercial and Financial Chronicle ... Company Hobbing Cleveland &; special 7% guaranteed 4>A% 50c 6- 87Vic 6- Chemical preferred Detroit 5-16 Dewey 6-16 New 7- 1 6-16 6- 9 Di 5-25 9 Di-Noc 2 '6-14 7- 2 '6-14 6- 1 5- 1 Distillers 9- 1 8- 1 Diamond Class Combined Locks Co. Paper Commonwealth Life Community 1 6- 6- 5- 5 Galr 5-25 5- 5 (Robert) series stock common investment fund fund: 18c -6- 5 stock 55- 5-25 55- 1 5-25 15- • 5-25 55- Pacific coast-investment Public series Railroad Steel Dixie 1 equipment 5 5-25 5- 5 5-25 5-5 5-25 5- 5- 5 6-28 5-28 7-* 5-14 13c 14c Co.,* 'coramori..'.p— 75c, A 10c 6-15 66- Dobbs 1 6-15 1 . " (quar.)__——_-•":621/ac (quar.)l— 1 ——25c 6- 1 5-15 TOc Houses; Inc. 5-18 8-20 preferred (quar.) 12-10 11-29 •General preferred ^ €- 1 Co., 1 Dr. 5-15 --a _ partic. pref. class A Class B common (quar.): Co. (quar.)_~ Dodge & Cox Fund. Industries, $1.50 Pepper «- ,$1.50 > 5-11 1 , •v Inc.— • 37Vic Consolidated Diversified Standard Beneficial shares ' '',206 9- 1 7-16 Dodge Manufacturing 1 7-16 Doeskin 70c Securities, Products, preferred . Corp.'(quar.) 4% conv. General - V Motors $3.75 "9-15 5- $5 preferred 1 6- 6-20 General 5% Ltd., $2.50 Grocers,Corp., Co. N. of Consolidated Textile 6-30 6-15 Corp. 25c 6- 1 5-15 66- 1 5-18 Dominion 5% preferred (quar.) Dominion-Scottish Investments, __ (quar.) Co Ltd., class A Vultee Consolidated Water, Aircraft Power Corp. & 1 5-15 66- 1 5-15 tl2c (quar.) 66- 750c - 6- 1 6- 5- 66- 5- preferred Glass common!,.. Co., preferred preferred 4% Corp. Continental Assurance Continental $3.75 Can 5-31 5-21 5- $1.12Vi 7- 2 6- 8 7-2 6- 8 50c 5-21 5- $1 30c 6- 1 6-29 5-21 6-15 50c 6-15 5-25* 7- 2 6-15 5-15 Co., common preferred (quar.) Continental Casualty Commercial Continental Copper Common (s-a) Extra 5% Continental prior pref. Cooksville Co., Refrigeration Class B Cornell Co. 5-16 Durez Plastics 6- 1 5-14 6- 1 5-14 6- 1 5-15 6-28 6-28 6- 1 Durham 6-14 F.aele East 5-21 Crown Zellerbach Corp., $4.20 preferred Nest •Sfi Dorado 6- 1 6-15 6- 1 6-15 El Paso 6-» 8 5-25 6- 1 6-11. 5-16 Electrolux 6- Elgin 5-28 Ltd.— 5-28 4'A% 5-15 $4.25 1 Elder Electric 4 Forster, <fc 5-22* pfd. ^ 7% preferred (quar.). Cuban-American Sugar Co. 7% 1st 5-14 8% 2nd 5- 4 Vi % preferred $1.75 pfd. (quar.) $1.12Vi $1.12'A Mfg. Curtis Co. (Mo.) $7 pfd. (quar.) (quar.)—________ Curtiss Companies, Inc.— prior preferred .— $2 class A $2 class A $2 class Cushman's Dahlstrom A Corp., common—. I pfd. 8 6- 5 5-31 6-28 6- 6-28 9-28 12-28 5 6- 5 9- 5 12- a 6- 1 5-18 6- 1 5-15 $1.25 A — Dayton Power & Light, common 3.75% preferred A (quar.) 5-19 Screw Class 6-30 6-20 Class 7-10 7- 6- 1 5-15 Co. B of Financial 5-16 Firestone Tire 4','2% $0.185625 &; 93%c 6- 5-16 First York 97Vic 6- 5-16 Firth Carpet Co., 6-25 6- 43i% Corp., Deep 50c SDeere 75c 6- 1 5-10 Fishman 7% 35c 6- 1 5-10 Fittings, $1.50 9-15 9- 6 Fitz-Simons & 35c 5- 7 6- 5 7Vic 6-15 6- 1 2 Vic 6-15 6- 1 Extra 6- 1 5-18 V 6- 5 5-15 65- 8 5-16 5-25 5-15 6-25 6-13 5-15 1 5-15 6- 1 6- 1 5-15 6-15 8 5-18 6- 1 7-16 6-27 6-27 6- 6- 5-15 1 6-15 6- 1 1 1 5- 6- 1 5-18 6- 1 9. 1 12- 1 Ltd. Corn, $2 preferred ts-at—— common preferred, series A 'quar.) (M. H.) Co., Inc. iquar.) Ltd., conv, class Connell A (quar.) Follansbee Steel Corp preferred — (s-al——!— — 5-15 5-15 $12'Ac 6- 1 5- 6- 1 6-15 5-15 6-15 5-15 $1.50 ___. A (quar.) $2 12-10 15c 6-1 5--7 6-* 5-17 A Co Mlg. Non-cum. Great (N. Y.) 6- 4 5-21 5-18 • 6-1 6- 5-9 1 5- 9 30c« 6-11 5-29 25c 6-30 6-21 $1 * West Pelt Co., pref. conv. Tap 6- 1 9-10 9- 1 12-10 12- 1 Ltd.— (quar.) Die & 5-21 6-10 40c (quar.) 6-21 40c 40c (Houston) Quarterly Greenfield 7 6-15 * $1.75 (s-a) Quarterly ?12'Ac Corp. 7- 1 6-15 50c 6-22 6-14 quar.)__ 10c 6- Brewery, com. (quar.)— 5% conv. preferred (quar.)__ Griggs Cooper, 5% 1st preferred (quar.) 50c 37'Ac Greer-Hydraulics, (quar.) (initial common Grlesdieck Western 1st 5% preferred 1 5-15 7- 2 6-18 8- 7-18 1 7- 2 $1.25 (quar,) $1.25 10- 9-25 1 9-25 Group Securities, Inc.— Funds: Institutional General Fully 7c , 6-15 6- 5 Petroleum 6-1S 6- 5 Railroad bond 6-15 5-31 8 — 5-18 5-18 6c 5-31 5-31 5-31 5-18 5-18 5-31 5-31 5-18 5-18 - 5-31 ' 5-18 5-31 5-18 10c 5-31 5-18 10c — Above dividends are 5-31 5-18 5-31 6c - — 12c 5-31 8c ; Utilities 5-15* 5-18 3c stock Steel 1 5-13 5-31 13c — Tobacco 6- 5-31 9c — equipment 9 5-18 5-31 12c Railroad 6- 5-31 14c 14c 13c — — machineiy company Merchandising 50c $1 30c 5-18 11c ~ $20c 5-18 5-31 - , — —— 5-31 21c ___——^ 5-31 5-21 5-13 14c •; . — 6-22 5-15 5-31 10c : Industrial 1 5-18 10c vV classes: Chemical 6-11 5-18 5-31 13c Building Investing 5-18 5-31 8c * priced stock Automobile Aviation 5-31 10c —— stock Common Low bond bond administered 1 25c 50c $1 50c 6-5 5-25 Co.— Ins. 1 5-31 5-18 5-18 3-18 from net investment income. Gulf Mobile & Ohio Common (quar.) 1 5-15 X 6- 6- 1 5-21 $5 6- 9 5-26 $5 _ RR., (quar.) Common 6- 7- 6 6-5 7-2 : — Warehouse Railway Life R $1.1834 15c $30c 7-2 Amer.— preferred 6- 6- 5- 12'Ac iquar.)_ of Co.__ 6- 5-13 5-25 933Ac (quar.L— Southern 50c 11-26 25c Indemnity Northern Great 8-25 12-15 37'Ac (increased)— — 9-15 25c ! (quar.) Towing 8-27 6-15 $1 Great, Lakes 1 5-28 11-26 J25c Co. preferred v J25c Company, com. American (i 9-10 V t25c iauar.)___ preferred 6-10 $2.50 (quar.) (quar,L_______ 6- 1 11-26 $2 fi-?5 1 8-27 :* $2- 6-15 2 5-28 . 9-10 12-10 (quar.) 6-15 7- 6-10 $2 $2 (quar.) (quar,).^.. 25c 6- 8-27 11-26 (quar.) 7% 6-11 6- 5-28 9-10 12-10 $2 (quar.) Common 6-15 6- 6-10 $1.50 $1.50 A class 1 . B Industry 1 class Great Lakes Terminal 5-15 7- •'•...<. B Gray 9 6-25 iquar.) 2 Great Atlantic & Pacific Tea Co. 5-15 $5 Dredge & pock Co.— (quar.) 5-15 6-15 B 30c (increased) (initial s-a) 1 6-15 $1.25 -.'(v;.; ' , Electrical equipment Food $1.12'A 6- $1 6- 3c — 5-15 SI 5-4 Railroad Fund—— 5-22 6-15 6-15 class Mining ——— 5-22 $2c 6-1 $3 $3 <quar.)„„— 5-21 6-12 class Great Bait.— at — 1 6-12 - class (W. T.) 9 1 6- 37'Ac 50c (quar.) (quar.) preferred 33A% 8-10 6- 8 preferred 5-11 11- 6- preferred Grant 3 6- 1 6-21 6-5 $25c Co."' & preferred Union 5-12* 7-16 1 6- 25c preferred Great 6-15 6- b-15 ; preferred class A Grand 5-15 6- 5-26 \ Company preferred Class 5-26 6- 5-30 - 10c Grafton & Co., Ltd., class A Class A (quar.) 6-15 6-15 Co. *Oc (quar.>„ Flintkote Company, common $4 50c 17V2C (quar.) Graflex, Inc.,. comrncn 5% preferred (s-a) 1 5-25 6-15 50c 37'/2C (quar.) Quarterlv 25c 5-21 6-20 . 9 5-15 8% 5-28 Corp. (quar.) . 6- 6-15 6-21 8% Rubber— Rtook (quar.) j. 5-21 1 8 (quar.)— preferred (quar.) Bank preferred B Derby Gas & Electric (quar.) Derby OIL Co. (Kansas)-(quar.) Detroit Hardware Mfg, (quar.) 5-11 6- 6- America preferred C - 5-21 5-10 1 5-30 6-20 ! 8% 5-15 Corn, 3.90% Rock Oil Corp. (quar.) & Company, common (Increased) preferred (quar.) Denver & Rio Grande Western RR — preferred — W.) preferred 8% 5-22 7- 25c (quar.)___ preferred, (quar.) 8% 7 6-15 (qifar.) 8% 5-15 Works 3.75% 9 5-11 1 Industrial First Security 6- 5-21 1 (quar.).. First 6- 5-22 6- (quar.) A 5-15 50c 6-15 6% 6% 5-18 6- Products of Canada 6- 933ic i A. Pinance 6-20 (quar.)— ! 25c 70c 60c 35c $1.25 25c 32'/2c 50c $1.25 $1.25 $1.25 50c 50c 50c Co. Ltd. (W. R.) .6% 11-23 (quar.)—_———31 'Ac preferred Enamel 6-30 5-16 (quar.) Extra $37Vic $17Vic (quar.)__ (quar.) Sugar Federal 7Vic (quar.) Co., preferred (quar.) $5 pfd. A (quar.) conv, Federal-Mogul Corp. 5-30 1 (s-a)— -——— Morse & Co. (quar.) Co. (quar.) Brewing Corp. 4%% preferred (quar.)_ Faultless Rubber Co. (quar.) Federal Enterprises, Inc., common Vic , <; 5-31 Fairbanks Fibre Vic (H. Falstaff • Vic (monthly) 6% preferred (quar.) Davis Leather, Ltd., class Mfg, 5-15 preferred A (quar.) Faber. Coe & Gregg, common 5-19 B Gorham 8-23 5 6-21 $5 5-30 , 5 5-31 6-15 (quar.) $2 preferred A Falardo 9- 12- 15c ' G% (quar.) Gossard 5-23 5 40c (s-a) preferred Corp,, Vic (monthly) B 8 6- preferred Railroad P*rro (monthly) Class 6- 15c _. _ Class 7- 1 7- 1 $1.75 (quar.) (quar.) Dansker Realty & Security Corp.— Class A (monthly) A 5-31 5-10 50c Door B 9-15 50c (quar.) Class $5 7- 2 10- 1 50c Sons, Inc., 7% Class Erie 6-15 35c . (quar.) (quar.) Metallic 6-15 1; Class B Dry Goods Co.— Eouitable Gas Co. 9-14 25c - Curtiss-Wright 5-16 40c Publishing Co., $4 6- _____a— (initial)——— Mines, Gordon . 25c Empire District Electric Co., com. (increased) 5% preferred (quar.)— Emsco Derrick & Equipment Co —i 6-14 $1.75 75c (quar.) Curtis 7- 2 9-28 $1.75 , 7% 1 5-13 50c Goodall-Sanford, Inc., 4% 5-18 (quar.)——— Cemen«, Brewing Co. Goldale 6-15 Co. — Watch common Equity 7% preferred (quar,) preferred (quar.) Curlee Clothing Co., 4'A% 5-31 $1.75 6- 8 6- 5-21 • soc Extra Grace 6-20 25c , Mackay Stores, Ltd., class A 1 2 37'Ac 56'Ac :z. (quar.) 6-21 6-29 —— (s-a) 2 1 6- 7- 5-31 10c 6-21 6- 5-25 6-28 S3 (quar.)_~ com. 2 6- 6-11 6-15 50c 1 5c Goebel 1 $1.02'/2 $1.06'4 $1.06'A $2c — (accum.)__ (quar.) pfd. iquar.) Goodyear Tire & Rubber Co., com. (quar.)__ 4 $5 conv. preferred (quar.) 6-15 17c (quar.).___; (quar,)__. (interim)— pid. 6-30 25c 50c 2 6-15 1 6- 50c Co C.), 8- 25c Corp.____ 7- 25c (quar.)— pld. (H. 7- 9 5-18* 8-J5 - V 2 6- i Co Corp. 6-13 Forster Securities— 8% Boat Godman , 25c Portland Tubes 7-9 8 $1.50 7- 5-28 r $6 Co. (S. A.), preferred Steel 5-17 6- (quar.)__: Co., (quar.) Globe 5-10* 8-1. 1 Corp. Falls 5-31 1 9 8- (quar.)________ Plywood preferred Gerity-Michigan 6-20 6- ' 50c 7- 6-11 — 4.10% Rubber Georgia-Pacific $2.25 Co. Castings, & 5-15* - G- 843/8C - common 7- $1.50 50c $25c 17c — preferred National New 8 Gas, Steel General Tire Railway— Works- preferred 2nd 6- 2 6-30 $2 & Crum 2 1 6-15 $1 7-16 25c Street — Oil Mines, Ltd. 6- 1 7$2 (quar.)— Co., Crum 9 7- 7- 12c ' 7-16 $1.25 — (quar.) A Natural 6-15 7- 2 65c $1.05 — 5- 7-16 31'Ac 30c ——a—— (s-a) Monthly Ely Ar Walker common — (quar.)— Manufacturing Co. (quar.)———.— Co., Ltd., class A Edgewater Steel (monthly) ; El 50c 5-29 $1.25 $1.25 $1.25 A 25c 25c 50c Paper 28 Vic (quar.) Pass Coal preferred Eddy Crown Cork Crow's RR. General 5-15 G-12 - Eaton $1.25 & Seal Co., Inc. preferred (quar.)___ 1 35c Corporation 5-11 75c A—— mass Massachusetts 6% 6- 1 5-15 6- * 5-11 25c Co. Eastern 6-11 25c 6- 1 6- 30c $1.12'/2 (quar.)— (quar.)— pfd. (quar.) Eastern „ 3 7- ~$1.25 9334c Equipment Gerrard 3 1 pfd.--(quar.) Girdler Corp. (quar.) Gleaner Harvester Corp, 5-15 50c —— 5% • 5-1.0 11-12 3 + 5-18 : 7- 8- 50c Mahanoy 93%c Mfg., 5% Company, .3%% Mills, Inc., Pieher 6- 1 +$1.25 6-15 B Co., Precision Refractories 1 3-25 $1.25 5-17 5-31 , 6-15 : ; Chemical & Hosiery Class Duriron 6-14 6- 9 — (quar.) 6-14 40c quar.) preferred (s-a) pfd. <quar.)___ Creole Petroleum Corp. (increased) Cribben & Sexton Co., 4 Vi % pfd. (quar.)— Crompton & Knowles Loom Wcaks———— $2 5% 750c <quar.)_—— (quar.'— preferred (quar.) preferred (quar.) Corporation 6-11 6-11 6-11. 6- 31 ■ Company 5% 725c Coty, Inc. Crampton : A.) Duplan 62Vic -Corrugated Paper Box Co., com. Jincrd 6% preferred (quar.) Crane 7-13 (C. preferred 5-16 +25c Products Dunham 5-21 15c — Bradstreet, Inc., common 4V2% preferred (quar.) 6-18 20c 40c —— & 50c (quar.)____^ 5-17 6-12 Dun 6-14 75c 5-31 (quar.)—_— 15c (irreg.) Wood Co. 75c (quar.) Distillery, Ltd., class A (irreg.)_ (H.) 6-15 , . (initial)—~ com pfd. 25c (quar.) common A Copper Range Co. (quar.)__— Copperweld Steel Co., common 5% conv. pfd. (quar.) Corby new 100% Cooper-Bessemer Corp., common (quar.) i $3 prior preferred (quar.) —._________- Copeland 7- 2 7-16 Co., 10c — Co., class Aircraft $1.20 (quar.)— 60c 5 t$1.20 — Varnish — Corporation, 4% 5% (quar.)— 6 $37!/2C $25c $25c $50c 75c 60c $1 81'Ac $1.75 50c 35c 933Ac — Industries, common (quar.)— preferred (qUar.)„ Drewrv's, Ltd., U,v8. A. (quar.) (Toronto) — *, (Dei.) dividend & (quar.) Co. quar.)— (quar.)_ Brothers, Ltd. (quar.)——_—- Co., common $4 preferred A (quar.)— $3.25 2nd preferred (quar.) Dow Drug, 7% preferred (quar.) Dravo -General 6- 11-26 6- common. preferred Giens Dow Chemical 2 $1.13 pfd. 65- . 6 6- -5 6-30 6-30 6-1 10c 77- $10c preference Douglas 1 15c , , 1 1 $12Vs>c Special 4 31V)c ; Corp.__. Co. 6- 6-15 . 8- 8- Steel, Ltd (increased Driver-Harris —— !_ Oil Paint 10c ; 1 $1 Donohue 7 Inc. . Motors Continental $3 (quar.)-.. Industries, — Semi-annual Continental 50c — (quar.) Gin Co., 4'A% Life Insurance Continental Cook Corp. Steel 933/*c . (quar.).. - preferred Stock _ Co. & (quar.)— 4-30 $$2 $62V/2C —— 33A% (quar.) 5-15 $$1.25 (quar.) com. Dresser 6- ,__w_—______ Co. Continental Common 4-30 common (quar.) 1 5-23 $40c $25c 11-12 General Portland Cement Co. «5-X7 Dominion Tar & Chemical Ltd. 6-15 50c — America, of preferred 5-31 Ltd 6- $$1.25 (quar.) Stores, Structural 5-31 (quar.) Container pref. $1.13 (quar.) $4.52 5% 62Vic (quar.)_____ 6-30 3*8% General Ltd.— (This payment clears arrears)— pref. 137Vic — common $4.50 6-15 5-31 Co. Malting Co., Ltd., Dominion 5-11 25c —._! (quar.) Fields & Dominion — Co., Ltd Consumers Power 5% 5-15 5-28 7-30 25c " Co.— 50c Company, Consumers 1 5-25 35c $17V2C Ltd Oil (monthly) Anglo Investment Corp.," Ltd.—• 5% preferred (quar.) Dominion Bridge Co., Ltd. (quar.) 1 (quar.) Paper Mines, Dominguez Dominion 1 Quarterly Consumers Dome 8 730c common— B Consolidated $2.50 , 710c Mills, 5% preferred (s-a) Consolidated Theatres, Ltd., Class 6-15 $1.25 (quar.) ___ Laundries Paper 6- 6-30 $75c Y„ Inc com. preferred (quar.) 5% Consolidated Consolidated 5-31 6-15 50c Edison ; 6-30 50c 37Vic preferred— non-eunur Consolidated Consolidated 5-10 11-26 $1 Plywood Corp.— convertible 5-25 $1 Advertising Co., tquar.) " 5-28 6-15 60c (quar. 6%„ .preferred . 5-11 8 (s-a) tquar.)_: General Outdoor X 6-11 preferred 1 6- 25c common Corp., 5-11 6- 10c Industries, 5% ofd. (quar.).,* General-Manifold & Printing (quar.) Mills, Inc., 6-15 25c C Corp., General 6-18 6-15 (quar.) com. General - 5 6- 2 15c preferred Foods 7- 6-29 $1.75 ;_ 5%: preferred A (s-a) 4%r. preferred C (s-a)__,____, 6-13 6-30 25c 17 V2C ( (quar.) 6-20 5-15 20c common.— . $2 31V4C * (s-a) A 6-15 • 25c ! •, preferred . 15c (quar.) common 5% 5-19 1 9-20 20c Beneficial shares 8- ?7i/2c (quar.) - 6T 15c - (quar.)_ common Batteries Finance, Corp., 5-15 Extra, . Co.— (quar.) • Chemical 6- 56V4c - ; 30c Corp., 1 , 20c 9 9-10 Cigar - ... 6- 7% preferred (quar.) 5 5-25 I series Cup Class 5- lie a 30c 30c General .Dry 5 5-25 8c . series Tobacco - 5- 8c utility- series V 5-25 5-18 5-15 (quar.) General 5 15c fund 9 (quar.) Baking Co., $8 pfd. (quar.)___ Builders Supply, 5% ,pfd. (quar.)_ 5 5-25 19c .0 1 6- preferred Acceptance 5 10c J. 1— 6- preferred General 5 14c ' (quar.)_ General , * $$1 15c pfd. 6-20 Co.— General 5 5-25 5-10 6-27 6% 5 7c ' 5-16 " 15c _____ 6% 5 5- iquar.)... 6% 5 5-25 5-25 12c series series series 5-25 3c common (quar.) Common - 5 5- 12c bond series' '.'.■•."•'.Oil series 6- 9 £-15 5- 5-25 10c series Metals 5-25 15c ^ preferred stock fund series Machinery 9-10 37'Ac -Power .'(quar.) River-Power * 5-25 6c — - (extra)___ Co., preferred (quar.) (quar.) J.), Ltd. General Consolidated • 5c bond Insurance ; 12-10 -— Connecticut . Gair Government . Connecticut - 6-15 12-15 1"" 5 Railroad *9-15 1 6- 5- 5-16 -t$2 t$2 6- $1 5-25 (Toronto)— Extra 6 % 1 5-15 50c 12c series 5-16 6- 15c 1 Company (quar.) Co. of Canada, Ltd., 4% 5-15 1 6- Gabriel Food . 5-25 6- 40c : 5-15 $25c 5 - Merchandising series . 5-15 1 5- Electrical -5-31 1 6- 1 6- 5-25 Supply series i Diversified 5-10 C-15 - 6- $1.25 12c * $1.25 Co. (quar.)—t 22Vic SGVic 5 9-20 1 5-15 5-10 5 4% 5-15 6-20 Co. Fruehauf Trailer 1 5-21 (quar.) 5- (A. 5-15 6- 10c Co. 5- 1 series Freiman 5-11 6-29 Franklin Simon Co., Inc.— 4'A% convertible preferred Freeport Suiphur 5-11 1 25c 5-25 (quar.) 8 8 6- 12'Ac (quar.) 5-25 ; Ltd. series Stock Corporate 5-15 6-15 15c (quar.) Semi-aunual'• *. - 10-10 Brothers & 66- 25c C?rp. Steel 10c 5-18 1 6-11 $5 6- 50c 6-12 $50c 6-15 10c 5-18 • 6-27 Pressed Fownes 5-24 50c 5 Bank 5-15 1 (quar.) Fostoria 5-19 1 (quar.) 5- Diversified 6- Connecticut Investment Management" Corp.— r Sons series Diversified -,,-t$2 Inc; 6-12 Corp. 5-25 5-21 Quarterly Contoleum-Nairn, Foster-Wheeler 10c 5-21 6- .Quarterly -Quarterly . 9-14 Co. 5 1 25c Association 1 Kleiser & 5- Chemical 40c Con* Mills, common .4% preferred -(Initial) Foster 6-27 25c class A (quar.) (quar.) 5-25 1 '' ConfederationwLif* (quar.)__ Ltd., 1 6- $50c 9-14 >r Canada, 15c Aviation Co.— Service 10- of Bridge Works Automobile 5-21 1 25c (Ky.) 1 Co. B Pitt 5-25 6- A (s-a)_ 10- Fort 2 6- 6- 25c (quar.) 5-18 Building 50c Insurance (quar.) Public & Co. Motor Holdert 6-15 $2.50 Wallace, class B 1 5-10 (auar.) Co. Ford 47 Payable of R«u 25c preferred (s-a) 6-15 6- (quar.) Commonwealth Telephone -$5 preferred $1 Share (initial)___- common Funds,.; Inc.— Agricultural series 5-18 class Insurance X Co., $30c 6- -(quar.) Life 1' 5-31 40c Carbon Car Corp.-Seagrams, 50c ___ B Mutual (Henry) 62V2C System, 5-28 15c Motor 50c Broadcasting Columbian > 6- 9c - (quar.) Columbus T Disston 6-19 6-30 25c (quar.) 6- Diversified 87'Ac Milling "3i Elevator Co. Columbia Corp., class A ____ common 6-15 6-15 5% Class Company 440c iquar.) preferred lc 30c (quar.) $1 7* (quar.) (quar.)—. Stores, Inc., Co. (Initial) Giorgio Fruit $1 , . Realty Mineral Forbes & Chemical Co.— common $7.40 — Acceptance, class A (quar.) Colorado Mortgage & & Almy Class B 5-25 6- 50c Corp.____.— Co., Ltd. preferred 4% 5 5-10 Collins & Aikman Corp ;5% 6 11- $40c Plow preferred Colonial 8- 11-15 1 Coigate-Palmcllve-Pect Colonial 8-16 50c 1 Quarterly -3Vi% 50c (quar.)—___ $1.12 Vi (quar.) ___; International Cockshutt 1 (quar.) When Per Name of Company Foote preferred 7- 12 Vic Coca-Cola Holdert Payuole of Reo. preferred 6- (quar.) Company Share 5% 5-10 20c __ Extra Coca-Cola 1 20c ; (monthly) common Co. When Per Company Detroit-Michigan Stove 5-23 5% (quar.) Ire., (monthly) convertible Clorox 6-1, (quar.) Foods, Common 20c . Name of Payable of Reo. Share Machine Pittsburgh RR.— 4% Clinton Holdert When Per Name of Cleveland (2131) preferred 6-15 6- 1 preferred preferred $6 preferred 5-25 5-10 $5 preferred (quar.) (quar.) (quar.) (quar.) (quar.) common (quar.)__ 50c 6-30 50c 9-29 50c 12-23 $1-25 6-30 $1.25 9-29 $1-25 . 12-28 $1.25 3-31-52 $1.25 6-30-52 6-11 9-10 12- 8 6-11 9-10 12- 8 - 3-11 6-10 48 The Commercial and Financial Chronicle (2132) When Per Name of Company Gulf Oil Gulf Power, Corp. 1 __ pfd. 4.64% Gulf States Utilities, 6-11 (quar.)___ 30c $1.05 $1.10 $4.20 preferred (quar.)___—— $4.40 preferred (quar,) 440c preferred Hammond Hancock Oil of Co. clas3 A Class 6% 6- Harnischfeger 5% 6-15 6- ... 1 6-11 6- 1 5-15 6 1 6- 1 20c $1.25 (quar.) common 7- 6-19 Co. 3.90% pfd. Lithographing Co., common preferred (quar.) Pineapple Co., Ltd Hazel-Atlas Glass Co. (quar.) dividend 1 5-15 6- 1 5-18 5-29 5-15 7-15 6-30 5-25 5-15* 6-15* 7- 2 7- 1 6-18 7-15 30c 6-30 .10-15 10% 9-29 Products Steel Hercules convertible 6% Corp.— preferred 4%% 1 5-15 53 Vic 8-15 7-25 40c 6-15 6- (quar.) Hewitt-Robins, Inc. (quar.) Heyden Chemical Corp.— Common (increased quar.) 20c 6-29 6-19 20c 7-27 .7-17 30c 6- 1 5-18 50c 50c 25c 30c 75c 35c 62 Vic $1 6- 1 5-18 Monthly Hilton Hotels Corp., common (quar.) pref. (quar.) ———— Hlnes (Edward) Lumber (quar.)—— Hires (Charles E.) Company (quar.)— conv. Hobart Mfg. Co. (quar.) — Hobbs Battery Co., class A (accura.)——— Holeproof Hosiery Co Hollingsworth & Whitney, common preferred (quar.) (Henry) & Company Class A (s-a) Co., Oil Honolulu Ltd. Corp —v Howard Stores 4'/♦% Howe Corp., (quar.)——— com. preferred (quar.) Plan Fund, Inc.Co., Bay Mining Co. 5% preference & Erie 5% 5-12 5-19 series — Co., Power Co., Central Imperial Chemical Ordinary 5-11 6- 1 55- 7 Imperial Oil, Imperial Tobacco Interim Ltd. Steel 5-11 6-30 6-19 Water 7- Products Silica, 12-30 6- 37Vic u 1 12-19 1 1 6-29 5-18 10c 6-15 5-31 45c 5-21 4-25 75c 7- 2 6- $3 9- 1 8- 6-25 J30c 6 8 5- 7 1 5-16 6-30 5-16 $25c 6- 1 5-18 6- 1 5-18 35c 6- 1 5-15 6- 20c 6- 20c 6- 16c. 8 1 5-22 5-10 • ______ 6- 9 6- 1 $1 ■ from 6- 1 5- 1 $3 7- 2 6- 1 6- 1 5-16 real- 5-31 4-30 - 4-30 $20c Machines 6-30 6-14 Corp.— ——— (quar.) pfd. (quar.) , <—1 Ltd. 6-15 Special guaranteed (quar.) 50c 3-10-52 Electric (quar.)— Co., 45c 6-1 5-11 (quar.) 35c 6-28 5-25 82Vic Co. 7- 2 6-15 30c 6- 1 5-15 — (quar.) com. $1 25c $1.75 6-9 - 5-18 6- 5-31 9 6* 1 5-5 97 Vic (quar.) . 7-3 6-8 6-20 5-21 $60c 6-15 6- (Canada)— 1 1 6- 1 5- 2 t25c 6- 1 5- 2 6- 1 5- 2 25c C- 1 5- 4 6-.1 5- 4 6- 1 5- 5 $1 7- 2 6-22 $1 Extra Loblaw, Local Inc. (quar.) 10- 1 9-21 Corp. (Rhode Island) Preferred (quar.) Lock Joint Pipe Co., 8% pfd. (quar.) 8% preferred (quar.i, 8% preferred (quar. I 1 Long-Bell xl%% 5-31 Long-Beil Lumber xiy4% 7- — 3 3 5-31 Lord 5-18 Louisville & Nashville 6-29 6- 1 6-27 6- 6-20 6- 6 1 7-18 6-11 20c 7- 2 10- 1 45c 7- 1 6- 1 $1.25 7- 1 6" 4% preferred Kawneer Class B Kendall 9 1 1 5-15 6-29 6-15 6-15 6- 7- 6-15 40c 25c 87Vic , ' • 87Vic.' 7- 7- preferred (quar.) Kent-Moore Organization, 50c 15c (quar.) Kentucky Utilities Co., com. (quar.)__ 4%% preferred (quar.)_ * County Land Co.-— 25c $1.20 preferred 30c (quar.)— • common 5.60% y *.™„v 1st preferred.— ',Z< Keystone Pipe & Supply Co., 5% pfd, (s-a) 5% preferred (s-a) —'22 Keystone Steel & Wire Co. (quar.) : Kings County Lighting Co. (quar.) Kobacker Stores, called 4 Va % La $1.37'/a La Luz Salle 5-10 6-26 6-20 $1.12'/a $1.12% 9-26 12-27 5-10 6- 1 $1.50 7- 2 8- 1 6-28 6-15 7- : 6-22 50c ; t5c 10c (quar.) 2 6-14 (quar.) 5-31 conv. the 10-10 5-21 7- 3 2 6- 1 1 (quar.)— Inc. Sons, Co. Ltd. (quar.) Co. (quar.) $1.25 7- 2 $1.75 6- 1 100%' 6- 1 1 7- 2 6-16 6- 1 5-25 - 6-20 5-18 4 ■ i •' 30C ; $1.50 5- 4 " 13%c (quar. )_______ (s-a)__ 5-25' *■ $3 — ■'•V; 25C" •<;: (initial H2y2c .quar.)__„__ (quar.)__ Co. • 5-15 7- 1 5-31 1 5-12 ■ 6-15 40c ^ 6- 37«/2C Co., com. (quar.) ■ V 6-.1 - 90c — Oil Co., Ltd. L 5-18 6- 1 '5-15 - 6- 1 5-15 6- 1 5-15 85c - 5-31 ■*. 933/4C (quar.) 1947 series 5-25 9: 6-11 J25c Stores 5-18 ' ■ Co. ; (quar.) . preferred 8- 6-1 5-15 7- 2 6-13 6- 1 5- ' (s-a);—___ 5-29 50c (quar.)__: 6-29 62'AC _,i_ preferred 50e 6-13 6- 1 6-14 6- 1, 5-31 5- 1 5- 4 * 40c $1.06 V* 6- 1 5-4 50c 6- 1. 5- 62'/2c 7- 1 6-15 6-15 5-21 4 - (s-a) 40c 6- 1 5-15 10c 6-7 5-22 (quar.)_ 81 Vic 6- 1 5-22 6- 1 Textile Corp, common partic.; preferred conv. 7% & ■' 10c Thermit Corp., 5-22 35c 6-11 6- $1.75 6-29 6-20 95c 7- 1 6- (quar.) common preferred (quar.)_____ Metropolitan Edison, 3.80% pfd. 3.85% preferred (quar.)— (quar.) 96 '/4c 7- 1 (quar.) 97'/2c 7- 1 $1.08% 7- 1 1 5 6- preferred (quar.) Meyer-Blanke Co. (quar.) 6- 3.90% preferred 4.35% \ 6- 30c Michaels Stern & 6-12 6- 10c — 6-12 6- Co. preferred (quar.) $1.12'/2 preferred (quar.) $1.12'/2 8-31 8-17 6- 1 5- 1 4y2 % preferred (quar.) $1.12% 11-30 11-16 20C 6-11 5-16 25c 6-11 25c 6-11 5T 1 75c 6-15 5-15 6-15 5-15 25c 6-15 6- 1 75c 7- 1 6- 8 $2 7- 1 6- 8 50C 7- 1 6- 8 10c 6- 1 5-16 6-15 5-15 5-26 5-14 I6c 6- 1 4-19 6- 1 5-18 Mickelberry's Food Micromatic Hone Products Corp. Co.- (quar.) 8-15 8- 4 Mid-Continent 25c 11-15 11- 5 ; Mid-Continent Petroleum Corp. 1 6-15 5-23 .6-15 Extra 5-15 5-25 425c 6- 7- Midland Oil 6-12 6- 2 6- 2 8% 5-15 5-15 50c $20c ' Midland 3 5-31 $2 1 5-10 Co., (quar.) \1,4 __. preferred Abrasive (quar.) common (quar.) non-cum. pfd. (quar.) Co.— common (s-a) _—_ 5- 9 5-28 (quar.) 6- (quar.) (irreg.) 25c 7- 1 62 %c 7- 1 50c 6- 5 preferred 1 5-15 35C 6-11 5- 30c 6- 1 5-10 Electric, 5% pfd. 31 y4c 6- 1 5-21 v Common 3 20% called •' per (quar,)_ (quar.) 40c Canada Brothers, Ltd. (increased) Glass Llbby McNeil & Libby (s-a) Sptpial 6-15 t3c •<-•—■6-15 Co 430c 7-31 St. v Minnesota Mission 6-30 Missouri-Kansas 50c 6-11 25o 5-21 4-23 5-21 4-23 Power 1 at 5-31 5-21 6- 9 6- 1 25c 6-15 issue $109 dividend) Louis Ry & 5-15 6-30 80c (entire A June —- 6- 1 25c 6-12 5-22 $1 Mining & Mfg. Co., common (quar.) 5-31 30c on $4 preferred 5-15 , 5-15 6-15 50c series share plus this Minnesota . pref. redemption 6-15 130c - (quar.)— conv. for Minneapolis & quar.) (interim) — Minneapolis-Honeywell Regulator— 7 Cement (initial - 6-1 4c (s-a)_ Mining Corp. of Canada, Ltd. 5-21 6- 50c : 5-18 50c 8% 6-15 6-15 , 5-31 25c conv. Products, preferred Midwest Oil Inc __. Corp., $1 Steel Mid-West 5-18 Airlines, 6-12 5-22 Pipe Co. 55c Line Co., 5-25 Missouri Public Service Mississippi Power Co., 4.60% ___ — pfd. (quar.) — 5-11 7 5- 6-16 5-24 6-16 5-24 65c common 1 6- 40c (quar.) (irreg.) 6- 40c 2c Light Co. Development * f. * 1 150 Vic (quar.)____ preferred (quar.) Telephone Co. i 1 5-15 4V2 % 35c I (quar.) Sons Llbbey-Owens-Ford 5-10 - 1 5c (quar.) Lehigh Coal & Navigation Co. of 5-31 5- $1 — Co. 50c J - Salt 11-15 5-15 30c (initial) Works Company, common (quar.) preferred (quar.)__^ Leverage Fund 1 1 37 %c Portland 5-15 12- 1 25c —. com. & Dye & & 5-25 1 6- 10c — Candy Shops, Ltd; (quar.)— Leland ■ 25c (quar.) new Co. 5-11 6- 6- IOC (quar.) Monotype Machine common 6-12 5c $1.75 Inc. New 6-1 30c 4 y2 % Lea Lehigh 5-11 1* 25c ; Stamping D.) 6- t40c Co. Co., (James) 5-18 35c 5-15 25c Milling, Ltd.— (quar.) Lang, (John A.) (H. 6-17 5-15 Lanett Bleachery Lees 5-18 30c (quar.)__ Metal 5-15 6.- Lakey Foundry & Machine Co Lamaque Gold Mines, Ltd Lamston (M. H.), Inc. (quar.) Lee 1 Participating 6-15 45c preferred & Ltd- 2nd $3.25 6-15 7- $1.25 preferred Woods Fabrics, 1 6- Stores Co., Inc., com. (quar.) Merritt-Chapman & Scott (quar.)_J. 5-11 5c v 6- Mercantile 12-28 35C 6-30 Metal 9-28 1-10-52 $25c v (quar.) Quarterly Lane Bryant, 5% 6-28 — 2nd '•* Ltd.— Conveyor Meadville 5-17 7-10 . (quar.) preferred r 5-31 r 6-13 10c 5% 4% 7-17 IOC 5% Co., Frontenac 4y4% 6-15 $1.75 La Salle Wines & Champagne, Inc.-. Labatt (John), Ltd. (quar.) Laclede-Christ.v Co. (quar.) Lake Superior District Power Co.— 5-15 9 125c 12-20 40c 5-25 1 6- 25C - McGraw-Hill Publishing Co., Inc Mclntyre Porcupine Mines, Ltd. (quar.) Mead Corporation, common (quar.H; 9-20 $1.12% Quarterly Quarterly Lansing 1 6-15 -to* 6- 150c ■* Mocre Corporation, common $2.50 preferred (quar.) 5-15 6- 5-22 30c - "150c 5-15 6-12 v ' 5-15 Jv*1 6-22 25c (quar.) McCord 5-31 25c University 37»/2C ■ 93%o ^ 75c :: $1.25 1 ; (quar.)^_____ preferred Mc-Coll 1 50c (quar.) Ltd— Extension Lane-Wells 6- '' 5-15 5 (quar.)_ preferred (quar.)____________i.___i McBrine (L.) Company, Ltd.— ' 12c (s-a) 5 6- 15c $3.40 5-15 50c Co. 6- , 5-10 common RR. preferred $3.75 4 (entire issue June 1 at $26 5c & 5-25 (quar.)_r & Valley Department $3.75 1 (B.) 5- 5-10 iaccum.)_ quar.)______i__ (quar.)____ Electric Maxwell, pfd. (quar.) Industries Mines, of 5-25 6- ! 5 5-31 '.'Participating preferred..(s-a)_ 6-14 5 5-25 25c /(initial Corp. Mathews >:May 5-10 5-25 5- V 5-15 5-31 25c (quar.)__ common Master - „ 15c Forge 7% New ' 1 5-18 ■ 5-15 5-25 150c (quar.) .__ -Massey-Harris 6- 8 IOC 5-11 6-15 ? 450c common. common Masonite t 5-16 6-15 5-21 t3c ' Co. Corp., Alasawippi ■ 5-16 6- 6-25 $1.25 Company, common 1st preferred (quar.)— 2nd preferred (quar.) France Lake 6-30 10c Mfg., 4%% preferred (quar.) preferred (quar.) ; preferred (quar.) 4V2 % 6% 1 1 25c (quar.)__ v 1 25c ■">: Mary Lee Candies, Inc.— -5Vnt^ir convertible preferred 2 12-20 9 35c (S. S.) Company (quar.) (S. H.) Company (quar.) Kroehler 7% ; , (quar.)__ com. for Koehrirg Company Kroger 66- 20c redemption on share plus this dividend)- Kresge 12-30 10c 66- 5c Marshall-Wells * 6-20 t 6-15 6-15 ' .6-11 fr-30 Shirt preferred . New • Creamery Co., 60c preferred (quar.) Kress y; 7-1'. 40C Press, Inc. (quar.)__ Products Corp. (s-a) _——: Knudsen per 5% 5-11 1,; 6-15 65c 15C * Marion Power Shovel. 7% preferred (aceum.) Marsh (M.) &• Son (stock dividend) ;• .7-11 '$2.50* (G. R.), Inc., common (quar.)—— prior preferred (quar.)—— r. $5 «— 35C $2.50 , 5-15 6-1';; 40C -,75c 7-16 ■ (initial)___; shares Realization, Marathon •i. 1 Co., A 425c ^ ■■ 1 ' 5-15 1 5- Common— 5-31 - 6- ey*c . Mar-Tex 5-15 6-28 6-12 Mines, Ltd.— RR., 5% pfd. Company. ^Manning,'' Maxwell 5-15 5 ' — convertible Fibre Ol&ss 1 6- 420c., Mines, Ltd. (interim). Industries, com. (quar.) priority Central Manhattan 5-23 6- 5-17 $1 60c •' 5-18 1 1 $1.50 (quar.)_„__. (quar.) Gold Mallory (P. R.) & Co.', Inc. 5-18 6-15 $1 Kerr-Addison Gold Oil 6- $1.183A ____ Conv. Maine 6-15 6- 10c Inc. • «/ 7- 6- 2 Corp.,' Ltd. Maltine; (The) 5-18 6- $1.12 W T Lake !6-15 (quar.)— common $4.50 5-12 (quar.)_. Company, common preference A (quar.)______ C.) Company— iR. Mailman 6-15 62'/2C ' 1 convertible Mahon 9-15 10- RR. common Company Red Magnavox 1 62'/ic . (quar.)„, Kerr-McGee 2 6- 25c Madsen 5-15 6- — 1st pfd. Company, MacWhyte 5-29 6- $1 (quar.) Company, 6- 5- $1.25 , 12»/2C Macmillan $1 (quar.) Company r * 5-15 15c 1 Metals 1 5-31 95c 'Kayser (Julius) & Co. (quar,)— Kellogg Co., 3%% preferred (quar.) 3'/a % preferred (quar.)— Kelsey-Hayes Wheel, class A (quar.) Taylor, 6% 9-29 32y2C Corp. (quar.) Kalamazoo Vegetable Parchment (quar.)— Kansas City Power & Light Co. 3.80% preferred (quar.) (Md.)— Co., Maclaren Power & Paper Co., Ltd. Extra ' : 6-30 20c 8- 25C 5-25 6- Mackintosh-Hemphill 5-28 93 %c 5-18 6-11 75c (William) Co., Ltd. (quar.) Manufacturing & Sales (quar.) Products, common (quar.) M. & M. Woodworking Co. (quar.) Macassa Mines, Ltd 8 75c S; 12-22 6-15 Missouri Ludlow 5-25 35c 1-1-52 Lowney 6-15 ■r of (accum.)____. 6-15 & SI 50c , Corp. 5-31 $1.25 Chemical & A Co. 8 Lyons preferred A (quar.)_ Lumber ll'/4C iquar.)_ 3 $1.25 2 35c Corp Co. 6- $1.25 — Aluminum ,.Glass Gas 7- 37 Vic ________ Kaiser Aircraft Star 6-29 XlJ/4% — — 5- Finance 5-31 Lewis t40c 6- (quar.) 7-3 6-8 7- 3 B 7- 7% 2-18 t25c 25c Class t$1.75 common 5-22 9 U2y2c Ltd., class A (quar.) — preference (quar.) 7% preference "B" (quar.) i 5% preference "C" (quar.)__ 5% preference "D" (quar.) Jamaica Water Supply, common (quar.)__— $5 preferred A (quar,____ $5 preferred B (quar.)_ Jantzen Knitting Mills 5% preferred A (quar.) Jefferson Lake Sulphur Co. (quar.) Jewel Tea Co., common (quar.) 3%% preferred (quar.) Johnson & Johnson (reduced)——. Johnson Oil Refining Co. (quar.) Quarterly Jones &'Laughlin Steel Corp., common Service, 6- 412'/2c Extra Lone Leslie t65c $1.12% 50c i—— (quar.) Loblaw Groceterias Co., Lockheed $2.50 5-31 International Nickel Co. of Canada, Ltd.— Paints, preferred (s-a) 2 5-31 Leath 50c International Harvester Co.. 7% 6% & Laura Secord 35C from from 25c (25c International Metal Industries, Ltd.— Class A common (quar.) 4Vi% preferred (quar.) n 7- (quar.) 5-18 Lanston invest¬ realized secu¬ International Cigar Machinery Co. .International 11-19 5c Inter-City Baking Co., Ltd.— Quarterly 12-10 5-10 Common (quar.) profits) — 50c 6- Common (accum.)_ Group shares International Business (quar.) 30C La 8- 425c (s-a) — and guaranteed 5-15 Kropp (quar.)__ profits) income Special March. In 5-15 Kuppenheimer 75c security 6-15 1 9-19 t37Vic Institutional Shares, Ltd.— Aviation Group shares (29c Investment 8-20 2 1 6-19 (quar.) 6c from 9-10 7- 6- 9-30 $1.25 Inland Steel Co. Bond 6-15 Ltd.— preferred 50c 22 Vic (quar.) com. 6- 6-30 a3% Co., common preferred (s-a)_ ment income and 5-19 Ltd.— Ingersoll-Rand guaranteed guaranteed (quar.) Special 35%c Landis Machine A Special 10-19 41 Vic 6-13 (increased) Co. 7-19 10-19 1 COc Power, preferred 6- (quar.) com. 1 1 5-15 $1.25 — class 6Vi% 3 in $1 8- 1 50c $1.25 Canada, Co. 6-19 5-19 5-31 12Vic t$1.50 (s-c.) of i 6-30 5-31 $1.50 (final) Co. Indianapolis Water, Quarterly 5-15 112 Vic Si and 5-15 1 6-11 (quar.) series A (s-a) Imperial Varnish & Color, Ltd., $1.50 preferred (quar.) Industrial 1 6- 12Vic —— — Gas 6- quarterly and December 11- 1 ' $1.10 pays September, 11- 6- 7 6-1 June, 25c Kinney 6-11 7-19 1 30c Kingston 30c common Industries, registered 2-18 8- (quar.)— Kingsport 32c $1 (quar.)— conv. 11-19 -10-52 5-15 5-14• 6-15 common pfd. 12-10 $1.00 5-15 5-11 6-25 .•» — common RR., $1.10 (quar.). 5-15 5-11 5-29 common (quar.) (quar.) A (quar.) stock 1 5-29 (quar.) — 4 capital 1 1 9 8-20 Original capital (quar.) 1 capital 1 1 9 S-22 capital : Original 1 5-28 6- 5-15 9 9-10 RR. Miami iquar.)__ Original 6- 6- 6- 1 6- $1.10 Original 6- 6- 31 Vic pfd. A (quar.)— pref. Mortgage non-cum. ized 1 9 25c , rity 6- 6- 4$1 __ Stock 6-20 8 56Vic preferred (quar.) 5% preferred (quar.)— Hydro-Electric Securities Corp., pfd. B Hydraulic Press Mfg. Co.— 6% convertible preferred (quar.) Hytron Radio & Electronics Corp 6% 6-30 37 Vic $1.06Vi Ltd 5% Indiana 6- 6- $1.10 5-15 6- Keyes \:\ 87y2C Little 6-15 5-15 3 5-18 6-20 20c (quar.) Huttig Sash & Door Co., 5% preferred (quar.) Indiana 6-10 5-15 12Vic Manufacturing preferred (quar.) Hunt Foods, Inc., 6% 6-15 5-15 7- 5-21 75c Smelting, & Pulp & Paper, Illinois 6- 1 5-11 6- Corporation 5- 4-30 Kern 5- —— Humphryes Idaho 6-15 5-31 30c Lionel 6- ' 5c 5.12%- preferred B (quar.) Humble Oil & Refining Co 5% 5-25 6-30 25c Liquid Carbonic Corp., com. (increased quar.) 3'/2 % preferred (quar.) 10c 6- Special Huron 6-12 10-25 par 6-20 6-11 5-25 —. (quar.) Hudson Motor Car 6% 6-25 6-27 Howell Electric Motors Co Hudson 5-10 50c ^ common—— preferred Hudson 5-25 25c Howe Sound 4Vi% 5-15 $1.06 Vi 40c $1.12 Vi $1.25 _ — 5-15 1 7-25 1 425c 6-20 1> 6- 50c Co., com. (quar.) (quar.) Hoover Company, common (quar.)—. f 4Vi% preferred (quar.) Horn & Hardart Co. (N. Y.), 5% pfd. (quar;) Houston Lighting & Power— New common (initial quar.) preferred $4.25 5-15 6- 25c 425c Electrochemical Hooker 7-10 ' (quar.) Oil Home ———_ 5-25 1 1 (quar,)___ 5-18 6-1 Monthly $4 1 87Vic 20c preferred A (quar.) Hibbard, Spencer, Bartlett & Co. (monthly). Holt 6- 1 5-18 8- 6- 7-16 $1.05 5% 25c 3%% 4%. 6- 30c (quar.) Chocolate Corp. preferred series A Hershey — 5-21 — Payable in non-voting common. 1 11- 5-31 37 '/2c ______ - - 5-25 6- 91'/4c 10% 3.65% pfd. (quar.)_ (Stock dividend» Payable in non-voting common. Company, Pillot, Inc. 6-19 6-11 48%c 25c 15c 37Vic 40c (quar.) (quar.) 1 1 7- 40c Light, & Service Public 5-11 6-29 _ 7- 5- 1 25c Above —— Jamaica 6 7-20 5-18 1 60c 5-31 (quar.) —— Iron Fireman Co. (quar.)— ________ Jann & Oilier Engraving—.——_—_.— 5-11 $1.50 9 6- 37V2c 4%% preferred (quar.) Co.— (Ind.) 6- 6- $1 25c preferred 5%% 1 20c ___ 3.75% 5-15 6- 25c 1 93 %c 1 6- 1 6-23 12 '/2C —____— preferred (quar.) preferred (quar.) Iowa Southern Utilities Co., com. 3 2 (initial) Link-Eelt Company, new com. $5 475C 4.20% 6-11 6-13 6- —— Gas Public 3.90% 5-15 5- 6-15 7- 15c (quar.) (quar.) Quarterly 1 (quar.), Light Co., common preferred (quar.) 3.30% 6-11 5-16 6- Co. Tobacco Myers 1 6-15 & 14c Power & Iowa 5-15 6- $1 (quar.) preferred 6-30 6- conv. J.) 4.80% Iowa-Illinois 6-30 1 6-15 (quar.) Co.- Light Eiectric, Iowa 60c Havana (H. Iowa 5 15 6-30 6- 25c Boston- (quar.) preferred 6-11 $1.66Vi :: ._. Hawaiian Stock 6- Lincoln National Life Insurance Co. Participating 6-30 5% 15c (quar.)— Electric & 5-15 50c Corp., Hartford Heinz 1 $1 Hathaway Bakeries, Inc. Henke 6- 5-11* $1.25 Participating 5-25 1 Ltd.— of (Tena.) 6- — 6-15 40c Insurance Liggett (Rhode Island) preferred $2.50 8 6-11 $2.50 8 6- Telephone Investors Trust Co. 5% (payable in A stock) Chemical 6% 6- 6-30 50c -i (quar.) Refractories Harshaw 9 6-30 Co. 25C 5-15 30c (quar.) Payable of Rec. 30c (quar.) 5-10 Philadelphia-—— Investors Stock Fund, Inc. Investors . Casualty Inc. Y., 1 ' Extra 5-18 6- System preference Investment Trust 5-25 (quar.) preferred 5-25 & N. 1 4c convertible 6% 5-15 5-10 6-10 Life 1 of 6- (quar.). of 6- 6-20 Fabrics 6- 50c Foundation, 3 (quar.) preferred Corp. Investment 4 stcck) in A Handmacher-Vogel, Inc., com. (quar.) Hanna (M. A.) Company, common-.; Common Investment 6 6- 25c extra Harbison-Walker 6 6- 50c dividend preferred 6- 5-25 Extra $4.25 Intertype Corp. 8- (quar.) Year-end Stock 5-15 $1 (payable Freight Liberty Life Insurance Co. (Greenville, S. C.) Quarterly 10c Interstate Natural Gas Co., Inc 5- extra dividend B Interstate Liberty 5-25 6-11 6-25 25c .— (quar.) 1 7- 25c Stock Motor Corp. 1 1 Extra Year-end Utilities 5-25 6-25 6-19 $1.50 <quar.)__ (Conn.) 8- 8-15 (quar.) Co. Co. 11- 6-15 (quar.) Calif., International 50c (quar.) Instrument 1 25c $1 50c $1.06'A $1.12Vi preferred (quar.) 4%% Silver 7- , 4Vi% Resistance 6- .—------—— Co., com. (quar.). i preferred (quar.)———— Hammermill Paper Co., com. (quar.)— International 5-21 Share $1 75c Holders When Per Name of Company Payable of Rec. t25c (quar.)— common (qnar.)__—— 9- — conv. Co., Paper preferred 12- — 4% 5-21 5- 6- 440c t40c Hackensack Water Co. (quar.)__ 42 Vic Hahn Brass Co., Ltd., common...-......— 415c Class A (quar.) 420c Hajoca Corporation (quar.) _ 50c Hallnor Mines, Ltd. 4 47c Halliburton Oil Well Cementing Co. (quar.) 62 Vic .Hamilton Cotton Co., Ltd., com. (increased) 435c 5% preferred (quar.) —41.25 Watch $4 International Petroleum Co. (increased quar.) International Products Corp. (quar.).. 5-21 International Gypaum Lime & Alabastme of Canada, Ltd.— Quarterly -——-————— Quarterly — Quarterly —-——, Hamilton International 6-15 Share of Company Monday, May 21, 1951 . Holders When Per , Name 5-18 7- 1 6-15 6-15 6-15 15c $1.16 (quar.) com. Holdert Payable of Rec. Share . . 6-15 5-24 2 6-15 $1.15 7- 9 yolume 173 Number 5013 ...'The Commercial and, Financial Chronicle » When Per Name of Company Mitchell (J. Mitchell (Robert) Stmi-annual Model Oils, Share Co., S.i Ltd. Co., Ltd. Holder$ 7- 3 6-15 12-15 11-15 I- Containers,, Ltd. 5-19 75c 6- 8 1 $1.12 »/2 : 6-21 5-31 120c 6-21 5-31 . (quar.) ____ 12 %c 2 7- 2 30c ______ 7- 12 %c (quar.) : Per 6- 1 5-15 6-1 5-15 35c 11-10 I 5-15 $1.31 lA (quar.) (quar.) 11- 2 6- 1 , Scotia Light & Power, Nova 5-28 120c (quar.) (quar.) ■ 2 6- Machine Tool Co. I Monroe Loan Society, d'/2% Monsanto quar.) pid. Co., common (quar.) preference series C (quar.).. $3.85 Moore preferred 4% pfd. (quar.) Norwich Pharmacal 4.50% 6-15 Class preferred 7% preferred 7% A (William 62 %c 66- 1 3 6-7 125c 7- 3 t$1.75 7- 3 t$1.75 7- 3 R.) Dry Goods, Inc. 6- Co., 5 5- 5 t90c 6- 1 5- 5 Prentice-Ball, Inc. 6- 5- Pressed 1 1 3 6■ 7 1 5-15 6- 1 6- $2 1. 4-27 6- 1 5-15 6- 9 5- 6- 1 preferred (quar.) 50c Corp 25c 1 B __— Omar, Inc., 4Vi% conv. pfd. (quar.) Onondaga Pottery Co. (irreg.) Ontario & Quebec Ry. (s-a) 1 5-14 $2.50 6-15 5-31 50c 6-11 5-25 4% % * preferred ? (quar.) Mwsinee Paper Mills (quar.).. . 59 %c 6-30 6-15 Otter 20c 5-31 5-17 P.) _i 6- $91.18 .... & 5-31 20c Motor Finance Corp. (quar.)__ Motor Wheel Corp; (quar.) Mount Diablo Company Extra "__I Mounr ,™_ 50c (quar.) ; 5% 6-20 6-11 5-21 35c 6-15 35c 6-15 _ 7%c 6-29 preferred (quar.)___—, - Inc.", eommon_______ preferred (quar.) Murphy (G.1C4 Company- (quar.) conv. 12 %C .... 6-29 . Panhandle 25c 6-15 37 %0 . 6-15 26'Ac 6- , 1 6% 6% preferred' (quar.>r__™ preferred (fluar.)_______. 6% • v preferred i(quar.)i_.l_ Nashville Chattanooga Quarterly. «fc $1.50 _ 5-16 6-2* Louis 9-28 \ 12-28 Acme Co. 9-20 . 75c 6- 1 6- 1 50c (quar;) Biscuit National Co., 4% pfd. 5-23 5- 8 5- 9 Pato ■ preferred^ (quar.)__ 6- 1 7-13 6- 5 Peabody Coal Co., common5% convertible prior prefefred 5-31 5- 8* Peerless Cement Corp. 20c 5-26 5-10 7-16 6-29 6-15 6- Peninsula 1 20c 6-11 6- 9 5-10 6- 1 6- 1 5-10 6-11 5-21 $1.06 70c f 12 Vic Hosiery Mills, "Ltd., class A (quar.) 60c class 5c 15c $1.12 Vi _____ t50c class National Life National 6-11 Malleable & Steel Castings 1 7-21 i 10-30 10-20 * 6-20 6- 1 7-3 7- 1 10- 1 12 Vic 6-15 6- * ' $1.40 preferred Tea 6- Natural Resources Naumkeag Nazareth Steam 6-1 9- Nebraska-Iowa Neisner 6- $1.25 7- 2 $1.12'/a 7- 2 6-15 6- 9 20c $10c N. Y. City York $30c 15c 25c 3%% 4'/2% $4.50 6- 5-21 5-10 8- 1 7-31 6- 1 5-21 7% York 5-31 5-21 5-25 5-15 Pfaudler 6-15 5-31 Pfeiffer 6- 5- 6-15 5-31 35c 6- 8 5-15 5-31 5-21 10c 6- 1 5-15 6- 8 5-18 6-30 5-19 1 Extra 1 80c 6- 1 6-25 Pfizer 7-1 $1.12 Vi 7-1 $1.12 Vi 7-1 6-8 Newmarket Mfg. Newport Co. Electric 3% % Phila. News Shipbuilding Quarterly ——: A sue called "for Redemption $104 per May I 5-10 $3.95 preferred 6- 1 5-10 $3.65 preferred 5-28 5-14 6- 1 5-15 Stock 7- 2 6-15 Phoenix 50c (quar.) Norfolk Southern Ry. Co. (quar.) Normetal 6- 1 6-15 5-15 Pickle 6- American Car Corp (quar.) 6*tc preferred Aircraft, 4V^% Ltd common faccum.) 6- $1 6- 1 4% ' American T-16 6-26 Pittsburgh 2c West Virginia Ry 6- 9 5-21 *5-25 5-18 6- 20c (quar.) 25c Pennsylvania RFC. Co. (quar.) North, Riv«BtvBasaE»HCe (quar.)_____ $1 30c 6- 9 5-24 $1 Northeaster^,i(?ater; $4 prior pfd. (quar.)__ 6- 1 Northern States preferred Power (Increased)^ (Wis,) — 9 6- 9 5-28 , 5-25 5-10 6- 5-18 Northland GreyhouM > Lines— ' ' »preferred7 (3quar.)J-^_ii___„__^_w_ 1 •r 5-2$ 6- J9T1 Northwest Bancorporation (quar.)_ _•_ last Planters Nut , . above extra, 93%C 7- 2 6-21 35c 5-25 5-10 •Plymouth Gil . & Chocolate Co. <quar.)_— Co., 6-25 6-30 6- 1 I 6- I s' 5-IS 6- 14 6-ll's 5-ia $1 $1.02 Va 50c ——-— 6-19 5-13 6-29 Metal Art Works, Inc. hr . !,|S 6-15 t<, 5% 8 6- 1 ^ 6- $1.12 ya 7- 1 6-15 Ryan $1.12'/a 10- 1 9-14 Sabine $1.12 y2 ,7-1 10- 5-23 5-15 1-2-52 $1 1 Oil (Jacob) 6-30 Aeronautical Co. Royalty Corp. 6-30 6-19» 5-li 5-11 1 1 6-15 5-15' 5-31 " 6-12 . 6- 4 6-12 6- 4 6-28 6- 6- 1 1 5-15 1 5-13 tey2c 6- 1 5-18 V 7- 2 6- 6-11: Saiway Steel Products 6-4 2nd 6-12 5-23 6-30 6-20 6-30 6-20 25c (quar.)— f$1.07 5-21- 5-31 7- 6- 1 8 7-25 7- 3* 7-25 7- 3 1S1.50 (quar.)— St. Lawrence Paper Mills, Ltd.— $6 1st preferred (quar.)—— preferred t50c U83Ac St. 75c 10c 50c (s-a)——. Saguenay Power Co., 4'A% pfd. (quar.)—„ Lawrence Corp., Ltd. $2 1st pfd. (quar.) 6- 4 25c 6-15 : $1.12 y2 12%C pfd. (quar.)—.— (quar.)—————— 6-15: • 50c 12-14 37»/2c 20c 37%c ; (quar.) 4y2% 6- 35o (quar.)——_ "" 1 6- use*. m.OGYA — Ltd. Co., 6- $1 r, preferred (quar.)—__—— Ruppert 6-15 1-2-52 2 7- 2 5-19 2 7- 40c ' (quar.) Royalite ' ; 9-14 $1 7- $1.25 $1.25 — 12-14 1 $1 1 $1.25 Roxy Theater, Inc., $1.50 pfd. (quar.),.—___ Royal Crown Bottling (Ky.)— 6- ■ (quar.)—; Ltd., common.. (quar.)—: 6- 6- 4 6- 1 1 98 %c 6-1 5-11 1 7-21 5-25 %C 5-25 6-19 '< 5-10 iioc , , , 1 $1.25 6-15 6- 1 $1.25 9-15 9- 1 $1.25 12-15 12- 1 20C 7-17 7-10' 15c 6-1 5- $1 5-11* 6- 3 6- 6-30 6-15 2nd preferred (quar.)—— Louis-San Francisco St. Paul Fire New & Marine St. Regis Paper Co. , :,San Francisco 5- 8 Schwitzer 7-16 7- 6-12 2 6-20 53 y»c 7- 2 6-20 25C 6- 1 5-18* $1.25 5- 1 5-18* 2 6-15 6- 1 6- 1 5-18' — Seaboard Air Line 5% 5% 6-15 5-21" 5-18. . 6-14 23c 6-14 50c 7-2 non-cum. • . RR. 5-23* Seaboard - 5-23' Sears, preferred A 8- 8- 1 $1 8- 1 6- 1 5-14 $1.07% 6- I 5-14r> J25c 6- 1- 5-1.7. 6- i 91'Ac 131'Ac 6-26 9-27 12-27 45c 7-10 6- i* 12y2c 6-15 6- 1 ■" , 7-17* 7-iY* 5-13; 6-15 9-lT 12-14» 6-21 6-2l (quar.) 4%: partlc. preferred (quar.)—_— Acceptance Corp. v f — —— 7-10 7-10 6-21' 7-10 6-21 50c Oil Co.. (Del.) *65c 333Ac 3334c 6-15 6- 50c 6-11 5-10- 1» HOC7 6- i 110c 6- 1 5-15, 15c 7- 1 6-10 7- 1 6-10 1 6-25 5-29^ 6-12 5*19' Securities 6-15 50c 7-1» 1 50c 85C $1.25 Roebuck Common 27 %0 $1.25 (quar.)— Co., common & Co. (quar.) Second Canadian International Investment- " r 9 $1.25 (quar.) $2.60 convertible preferred (quar.)—.— $1.35 convertible preferred (quar.)____— $1.35 convertible preferred B (quar.) - 6- 5- Co.— preferred A (quar.) preferred A (quar.) Seaboard Finance 6-1 f25c non-cum. 5% 6- 1 non-cum. 6-25 5-23 , $3.40 5-18 $1.25 3c —— Co. Scott 5-23 $1.37 y2 Cummins 4 Association, 5%% preferred A (quar.)— — Paper Co., common—.— —preferred (quar.) i—<1 $4 preferred (quar.)——— 8covill Mfg. Co., 3.65% preferred (quar.)— 4.30% preferred (quar.)—i— Scythes & Co., Ltd., common (quar,)— 5% preferred (quar.)———— — 5-28 7- - Loan 35c Toy Mining Co Savage Arms Corp 7- 2 25c 50c (quar.)—__— Ban 5-31 1 22y2c $1.75 quar.) Remedial 6-30 $140 * 5-10 7-16 $2 common- Insurance— (initial common 6- $1 Ry., preferred (quar.)_ preferred (quar.) 5% preferred <quar.) 5-11* 9iy4C 3 7- St. 5-11* 6- 1 7- 7-25 6-15 5% 5-15 6- 7-25 +60c 62V2C $2.40 5-19 50c ,j Common ' 5% preferred (qisir.) a—-a— Siy40 % 5-23 • 37y2C" common preferred Corp. 6-15 — (quar.)„—— PljTnouth Rubber Co., Inc. (irreg.) & Paper Co., Ronson Rowe payment should have dividend column wee^e. 5-23 als J20c 125c 15c 5-18 8 35c ■'■» of ' 5-21 f 6" 53y»c The Co. Mfg. preferred A 4»A% -appeared in the new $1.25 (interim) — (quar.)_l___ (quar.) preferred Rolland 5-29 30c 4% ■- 5-1$ - 50c com. 5-15 50c iquar.)_^__ 75c 40c Ltd. prior preferred (quar.)--Rohm & Haas Co., common (quar,)__i.——_ * Northern "Oklahoma Gas Co. Copper Mines (quar.)——nreferred (quar.)—— _——— preferred series A (quar.)_———— 5% 5-21 9 6- $1.25 Pittsburgh, Youngstown & Ashtabula Ry. Co. 7% preferred (quar.), —J—„— Placer Development, Ltd. -(interim). Refractories Co.- (quar.)___ North $1.75 — (qhar.)— preferred (quar,) 5% 5-22 1 North North Central Texas-. Oil Co. $1.75 , unit of ordinary stock Little & Co., Ltd.. com. (quar.)_ preference (quar.) Rockwood 5-11 ' 6-1 87y2c (accum.)— 5-31 . $1.75 —' shilling 4.10% 5-2$ 50C 5-31 5-31 30% $1.75 payment of i shilling no pence on each Rockwell 50c _______ preferred 30% - ' (q*\jiar.)—— Corp. Antelope Class A $ 6-15 50c , —_______ 6-30 Inc., Oil Robinson, 6-2$ , % 25c (quar.) (quar.)— 6-30 6-29 r preferred" (accum;>_______. 5Va% 5-31 " 6-1$ 1 lc $1.50 y. $2 convertible preferred (quar.) North American Investment--7 ' 6-29 6-11 7-13, 100% 5-24 9 A ' 6-22 5- 8 •6- 25c — Mines, Inc., 60c $1.12 Va — preferred (quar.) Paper Corp. Roan 1V ; 5-15 25c quar.) (quar.)_^ 2 1 6- 1 $1.20 9 6- $lOc _______ common——— , Gold 90c 5% 7- 6-15 6- 7 5-15 75C 6-15 Co.— 6- (quar.)—,_ 6- Riegei - 5-22 75c > 1 6-15 1 50c (quar.)___ 30c $1 — common Ltd. Crow Pitney-Bowes, 4$1 5- $1.50 (quar.) 4V4% conv. pfd. (quar.)—— ——— 4 V4% preferred B (initial quar.) ;— Pittsburgh Coke A Chemical Co., common— $5 preferred fqunr.)_———-_———— Pittsburgh & Lake Erie RR. Co Pittsburgh Steel— 5V-i% 1st prior pref. 1st series (quar.)— ? 5% preferred A (quar.) 7% preferred class B—This Issue called for redemption on June 1 at $120 per share plus this dividend — —, 1 20c (increased 50c 50c 3% —— — Co. Mills, preferred Piper 5-21 $10c North Mining Corp., dividend Glass Pillsbury 1 $4 $1.12 Vi 6- 1 ___ 50c _ Richfield 1 ; 12 Vic 1 6- (quar.)___ —_—— (quar.)—_—— Petroleum 30c 75c $1.50 (quar.) 5- 6- —__ $1.37 Vi Ltd. Norfolk & Western Ry., Phillips 25c (quar.) 1 25c ;l 6- J40C $1.12 y2 $280 $1.12 y2 *• - . 6- $i.i2y2 — at 21 Rice-Stix, Inc.— >'» 7% 1st preferred # 7% 1st preferred 2nd $1.75 Water 6-l» 1:40c — 2nd preferred (quar.) ■-.-fr.-. —__ (quar.) 7- 2 7 American 7% 6-21 6-2# 140c registered (interim) deposit receipts (interim)—— Ordinary ' 7% 6- $L183A 6-2# ' Ltd.— Selection Trust, 1 40c f. I 7- 7-1 „ (quar.)—™— 5-17 Mi 5-19 6-1 2y2c 83AC preferred 5- $1.50 — t25c — on preferred " , (quar.) 50c 50c 1 $2 (quar.)—.___ (quar.)__ Philadelphia Suburban 'Common (quar.) 50c share plus this dividend. Mines, 6-15 2 5-15- 1 Rochester Gas & Elec. Corp, Dock— Dry 2-5 Germanlown & Norristown RR. t$1.25 Nopco Chemical Co., $4 preferred (quar,),— Noranda 6-15 7- 93 %c Niagara Share Corp. (quar.)__—_— NielsOn (William(. Ltd., 5%. preL Entire is¬ .. 6-28 50c (quar.) common 8- 3 560, Co.— Transportation 0- 4; - 42/3C (quar.) Rhodesian five (quar.)_i__™__———— common 6- 62y2C (quar.) _________ Mfg. Co., common -(quar.) 4l/2% preferred (quar.)——_— 11- 5 ..$1.06 & Suburban 20c (quar.)— Newport , 20c (quar.)—„_ Corp., preferred B 4.50% 7 (quar.) 10- 1 . 3.60% 2- 5' 8-15 Owl 6- _ preferred pref. $1 Co. — (s-a) ; Philadelphia, 7-1 30c Equities,. Inc.,common—_—___ 6-11 ; Company (quar.)— Brewing Co. (quar.)—_———— (Charles) 6-; 1 0-1 6-13 Rheem 11- 5 11-15 20c —______ Exploration 50c 93 %C $1.01 — 6-8 —— Inc. 6-11 2 933/4c 92V2C — 6-8 (quar.)-____________ (quar.). 11-15 2-15-52 50c — preferred 4-20 7- (quar.) common (quar.) (quar.) $1.10 (quar.) pfd. 5-31 5-28 87%c — AV———— Class accu¬ Co., Inc., com. (quar.) — (quar.) Phelps Dodge Corp. (increased)__ —— Pheoll Manufacturing Co. (quar.)——___ Philadelphia. Dairy Product^ Co., com. (quar.) $4.50 1st preferred (quar.) $4.50 1st preferred (quar.)—. $4.50 1st preferred (quar.)___ $4 non-cum. 2nd pfd. (quar.) $4 non-cum. 2nd pfd. (quar.)_ — $4 non-cum. 2nd pfd. (quar.) — Philadelphia Electric Co., common (quar.)_ 6-11 93 %C Water preferred from Corp ; 3%% 5-15 50C quar.)_ (resumed) Service Corp, (quar.) J.) Company (quar.) Newfoundland Light & Power, com. (quar.) 5% Paul, petroleum Gas (J. 1 ■ preferred (quar.) •Peter Stocks, Inc.— Name changed to Diversified Funds, Inc. (divid. payments shown under new name). New 1 undis¬ . Machine & Gear Permutit Company , York Newberry 6- 33C 2-15-52 (initial quar.)__, Corp., -4V2% 75C ; 6-14 33c realized gain.)_„__— Circle Perfect Perkins 10c — 1 33c — • 1 (quar.)™ preferred New 6-12 3c (quar.) 5- 1 25c • 20c Co__—— preferred preferred 5- 1 25C — —.— (25C from ordinary preferred 25c ; (increased 1 6- 8- 3 (quar.)™ 60c & 6- > 3UAC __ (quar.)__ 5c Corp. y5-3i (quar.) 50c Co.7 Electric 6-15 6-15 ' , 25c 6-15 500 — y5-3l y5-31 $35c , , Peoples Oas Light Coke Cow (quar.)__—. •Peoples Telephone Corp., common (quar.)— 4y2% preferred (quar.)_— 5-15* 40c Co.: Omnibus State 5-7 6-15 12-15- and 4^H> 500 .... ' (quar.) (quar.)———— 4.24% 7-S1 25c (quar.) fund— New Park Mining Co.__l_ New York Air Brake Co. New 6-15 250 Fund, Inc. »quar.) New Jersey Worsted Mills——. 5-29 $20c 8-15 income 5-18 5-9 5-25 Corp Stores, Inc.. J ;< r4%% preferred A (quar.)— —Regent Knitting Mills; Ltd.— •; $1.60 non-cum. preferred (quar.) $1.60 non-cum. preferred (quar.)_—— $1.60 non-cum. preferred (quar.) — Remington Rand, Inc., common (quar.) •' $4.50 preferred (quar.)—— Renold-Coventry, Ltd., class A (quar.) Republic insurance Co. (Texas) (quar.)—— Republic Steel Corp., common (quar.)—— 6% prior preference A (quar,)_—— Revere Copper & Brass Reynolds (R. J.) Tobacco Co.,. com. (quar.)_ 5-14 (quar.) (quar.)— Perfex 62 Vic 1 Inc. Zinc Red 6-15 5-21 1-1-52 net 6- r 1 $250 Reed Drug Co., common—— £ 35c class A (quah')l—— 5-21 - 6-27 .^1 •• Pennsylvania Telephone Corp.— $2.25 preferred (quar.) ___.—___ 6-15 Nesbett Jersey 6-1 12y2C 25c net 1 6- 5-31 60c •' 5-21" 1 62y2c Corp., 7- $1.50 1st preferred (quar.) non-cum. Estate ...Class ' (quar.) Pennsylvania Power 5-18 (quar.) Nekoosa-Edwaras Paper Co. (quar.)________ New 6- 4% r Real 5-15 (quar.) preferred « 6-15 Packing Brothers ; 6-15 5-26 $1.06 V* _______ Pennsylvania Exchange Bank (N. Y.) ' 1 5-25 35c Cotton . Cement - 5-21 25c "Pennsylvania Engineering Corp._______—— 1 1 (quar.) CO. 5-24 1 6- preferred — (quar.) ________ Ray-O-Vac 9-15 preferred Co., preferred preferred 33,i% ' 6-15 Pennsylvania Electric,"4.40% 3.70%. preferred (quar.) 4.05% preferred (quar.) J 5-18 50c 6% National 7- 5-31 1 tributed 1 7- 2 " Co Paper & Type Co. preferred (quar.)^__A National Bubber Machinery Co.™ National Starch Products,, ccm.7 (quar.) ... 6-15 7/7 $1 20c 1 * $1.32 5-11 8- National : 5-10 6-14 $1 preferred Pennroad Co, (Nashville) (quar.) : National Linen Service Corp., com, (quar.) 5% preferred (quar.) ______ 4%% preferred ■(quar.)^______-__ - , 5-25 7 7- $1.32 5-11 ?15c $1.75 (quar.) class A pfd. Accident -Insurance <fc 25c 344% 1 5- 4: of Ralston Purina 6-15 10- $1.32 5-10 1 6- $150 - — 7% 6- — America,* common $3.50 convertible 1st preferred (quar.) Corp. 1 6- 1 (quar.)_— Refining Oil " 50 (quar.)_™_. A 6-15 7- 2 62 y2 c mulated $15c _____ 60c 6-15 _______™__™_™ $1 preferred ; . $1.183A ____i_____™ National Lead Co., 1 (quarO Common 5-21 25c _ preferred (quar.»____—______ Welding Machine Co.— National Gas & Oil Corp:™™ National Gypsum, $4.50 pfd. (quar) National 6- 62y2c $1 preferred 6-15 7- Electric ' 5-25 5 Telephone, common (quar.)—— Common 1 1 $1 Quarterly . 6- 25c 4 'A % preferred (quar.)__ :—. 43A% preferred (quar.)_,:_ National Dairy products Corp. (quar.)__—_ National Drag & Chemical Co., Ltd., com_i. conv. 5 i2y8c 5-10 6-15 65c _______ National Container Corp. (Del.) (quar.i National Cylinder Gas Co., common (quar.) ■ 5-26 10c „ Cash Register Co. (quar.) National City Lines Inc., com. (quar.) $4 preferred A (quar.) 60c 6- ' 5-10 (quar.) Corp.____.______. Quarterly 5-15 - —_______ 50c . National 6-1 $55c —_— 50c ______ National > Quaker State 5-15 Dredging, Ltd._ $1,75 common:.-- 5-15 10c Can 5- 7 1 50c 1 Extra' National 5-25 Radio 6- 6-30 6-30 6- $1.25 Quaker Oats Co., 6% preferred (quar.)__— Quebec Power Co., Ltd. (quar.)__ $2.50 " ■ 5-15 50c 6- 7% preferred (quar.)_ National By-products Inc. .6-1 (quar.) preferred Purity Bakeries Corp. 7 ' 62 Vic 5-31 35o 10c ______ Manufacturing Co., Ltd., com. Extra .i 7% . 5-15 6-15 45c Reading Company-— Paton lt. 6- 50c 25c (quar.)__i._— Gold 5-15 $1.16 $1.02 5-15 (quar.) Consoliaated 5-15 6- — 5-15 V Transportation Co. tquar.) Patchogue-Plymouth Mills Corp._ 8 5; 5-15 6- (quar.) common 6-15 (quar.)_ Parmelee . National Alfalfa Dehydrating &; Milling Co.— r "-5% preferred (quar.). National Automotive Fibres Inc. (quar.)__ . 5% Co., 1 .. 12-20 • Oil 1 ______ Parkersburg Rig & Reei Co.,, com. (quar.)__ $4.25 preferred (quar.) i Ry.— preference (quar.) preferred (qu.-:r.)^_ 4.08% Pure 6- 45c 87 y2c (quar.) 6-11 6- 1 Gas— <fc 6* (quar,)-__— preferred (quar,) Parker Pen Co. 6-21 7- 5-21 ' $1.50 __ St. 25c National (quar.) > $1.50 ... Co. 5-15 $1.05 40c Corp. -tquar.) Paragon Electric Co. Mutual Chemical Co, ot America— ' 4% 5-18 5-18 - 6- 1 Electric Service $1.40 ; 5- 1 Eastern Pipe Line Co.— Common 6-14 - Munsingwear, ?■ . Economic 1 $1.25 Co., 5% pfd. (s-a)___ Page-Hershey Tubes, Ltd._™_—_____— 6-14 common Robinson 6- Indiana, com. (quar.) (quar.)__ (quar.)l——— 35c (quar.) Gamble Palestine Public 5-17 6-11 90c ; Pacific Western Oil Oorp., 5-15 1 6-11 37yac (quar.) Packet Mfg. 5-15 _—: (s-a) , 6-13 6- $1.12'/2 (quar.)_, com. Pacific 6-12 6- ■ 6- — of Co. preferred \ 4.64% preferred Public Service Co. of New Hampshire 40c Pacific 5-10 •> Public Service 7-18 6-29 3-ie $1.50 $i.osy* (accum.) $1,10 (Minn.), (quar.) $4.40 preferred 8-1 pfd. 6% Lights preferred (quar.):—_— preferred iquar.)——— 4.20% $$3 & Mfg. Co.—™ Paper Co., j$5 pref. (quar.)_ Finance Corp. <Calif.) (quar.)— 6-12 35C Munislng. Wood Products Co.^' 6-20 $3.50 preferred (s-a) Mountain Fuel Supply Co Mountain Producers Corp. Extra 5-31 - Power preferred Oxford 4y*% 5-21 $1.12 y2 Outboard Marine 5-16 5-10 3c : com v 5-14 9 $1 . Vemon-Woodberry Mills, Inc., 7% 1 6- 5-31 2c _ 5-17 5-31 25c . Tail $3.60 Electric 1 Co.— Public Service Co. of Colorado 6-20 20c Orpheum Building Co. (s-a) Oswego Falls Corp., 4Vi% pfd. (J. 5-21 5-10 5-31 25c __________ Company (quar.)_. Morr.s Paper Mills, common (quar.) Morgan 5- Filters— (quar.) 6-11 5 6-30 50C 6-15 1 7- $2 (quar.)— (quar.)—:______ 3%% A 7-14 6-10 Co. Washington Insurance preferred Public 5-15 5-21 6-1. 50c 5- A 6- $1 (quar.) A 7-10 5-21 $2 20C common series 5-13 5-10 10% Transport Providence 6- 1 (quar.) 1 1 20c 8 6-15 56y4C iquar.)__ Inc. dividend 66- $4c " Coal United $1.12% (quar.)___ Co. convertible class Class * **% preferred Tube preferred Oliver 5-15 6-15 Ben '4% 6-25 6- 4Vi% Olin Industries, Inc., Morgan (H.) Company, Ltd.— 4 Seaihless Old 6-7 1 37 %C (quar.) Powar, America, 6-15 15c Preston East Dome Mines, Ltd.- (s-a)__ Price Brothers & Co., 4% pid. (s-a) 5-29 6- 75c 5-2^ 25c (quar.)_—;_.i——______ of Metals Stock 7-10 7- 55c 6-29 Provincial 8- t25c ; 5-l» 6-15 ' 5 333Ac (quar.)__ 5-IS 1 6-15 Pratt, Read & Co 5-14 J$1.75 (quar.)__ (quar.)__ 1 25c 5- 1 6-11 6- 6- 175c quar.)—_ <r,.v 5-15 j?5c 1 20c 1 40c (increased 6- 25c (quar.)— Ltd. Co. 6- (quar.) common onrbach's, Inc., $2.25 preferred A 7 15c com Ohio Ohio ' 7- $1.25 Lines 5-10 50o common™ preferred (quar.) Moore-McCormack 1 preferred River f$1.50 preferred A conv. Powell Ho\Aer$ When Payable of Bee. 37%c (quar.)— of America 6- Ohio Associated Telephone, $2.20 pfd. (quar.) Ohio Oil Co. (increased)-, 5-10 7- Moore-Handley Hardware Co., Inc., .5% 7% 5-23 1 (quar.) preferred B Moore 6- 96'AC (quar.) B $$1 (initiai)--— Ogilvie Flour Mills Co., Ltd., com. 5-16 t22%c (quar.) common Company, $1:50 class A (quar.)_ $$1.13 (quar.) (1951 issue) 4Vi"U preferred 6'Jo preferred (quar.) 6-15 (quar.)-____ Corp., Ltd., 4% . 34% c (quar.) Chemical & Potash Co. * Monarch Share Name of Company Poor 5-19 6- Holder) Payable of Roe. 20c (quai\)_____ com. preferred 4Vi% Molybdenum Corp. of America Extra 2 When Share Service, Northwestern National Life Insurance Co.— 6- 4 6- Public Semi-annual Molson's Brewery, Ltd., class A B 2 $50c L__ (s-a) Mohawk Carpet Mills Inc. Clajs 7- 125c Modern *2c of Company preferred 4Vi% 5Vi '/c 5-15 150C U ______ Name Northwest 6-15 150c (s-a)_ __ Ltd. Per Payable of Rec. $$1.25 (quar.) 49 (2133) . * 50 The Commercial and Financial Chronicle (2134) 5% class A A class — —- (W. Corp. Sherwin-Williams 6-29 6-15 4-16 , 7- 2 6- 156 %c 7- 2 6- — (quar.)-— convertible 7% 1st preferred 5-15 6-14 5-24 Tennessee, Alabama St Georgia Ry. Tennessee Corp. (increased) 1 5-21 Texas 6- $1 1 Company Stock 5-15 Electronics Texas Eastern 6-29 6-15 15C 6-29 6-15 Breweries, t30c 6-30 5-23 Texas Sigma Mines Ltd. (quar.) -v Ltd. (Quebec) (s-a)_———— t25c 7-28 6-28 Texas Gulf Signal Qil & Gas, class A (quar.)—-— 25c 6-11 5-19 Texas Class B Signode 5% Simonds — Saw Simmons Steel Co & (H.) 1 Oil Corp. 5-16 (W. 4%% St 5-24 5- The prior 6-15 5-15 Thew 50c 6-15 5-15 Thomas 75c preferred 5-31 preferred Southern Titan 87 y2c 6- 1 5-11. Title Insurance Toledo Works California 5-11 5- 4 1 Towe 31 %c 6-29 6- 1 Traders 6- 4 5-15 7- $1.25 : — 50c V - . , 2 5-15 $5.50 preferred Electric Life 5 6- 50c - Co 1 6- 20c quar.) quar.) dividend) 6-15 6-20 75c 5- 1 6- 6- 5-21 (quar.) & Ltd. Assn, Steel Williams Forging . a-ifl " 6- my#, m. _ — m mm mm Greenbush & .7-13 6- 25C — 6- RR. mm — — — each holder 6. 1 Coach, Twin 2 Disc 208 7-10 5-15 1 to be redeemed 7-16 1 $1.50 preferred Clutch South Corp. Underwood 6- 1 5-15 Union Asbestos 1 5-15 Union Carhide & Carbon Corp.—— Union 25C _ 6- 1 5-16 45C ——- 6- 1 5-10 Spencer, Kellogg & Sons, Inc. (quav.) 50c 6- 9 Shoe IOC 6-28 5-15 Spiegel, Inc., 25C 6-15 6- $4.50 conv. '$1.12% 6-15 6- 1 7c 8-10 Union 5-11 Spencer Oil $3.75 .if Rubber & Co. of Car A 5-29 Co; Corp. 6; . 9334c } 65o (quar.)— 5-23* Motor ' 6- 1 5 5-18" 1 5-21 6- 1 5-ia 6-20 5-25 6-2Q 5-25 6-20 5-25 J 6-20 5-25. 5-31 " 5-15 '6- 6-22 8 7-11 1 5-11 6-11 • 1 5-1Q 6^12 7- 5-13 6-15 25c $L13 6- l 5-11 6- 1 5-11 6- 1 5-15 6- 9 - 25 c Co./---— Co. 7- 25c 7- 2 'it- 31 %c (quar.)ir____ ^4 k ->7.?'' 11 2 2 6- 1 -v« - 20e JPo. 5-24 7- 7-17 17 %c 5-16 6-.T 5- 6-1 $1.25 5-18 6-1 -- 1 5-15 e-^i 25c Go, common(quar.) (quar*)-:_ 6-15 ■ ■tW'" $1 pfd. (quar.) ; 5-18 7:.t»Oc-;-i 6-12 6- 1 <>•-7v guaranteed 6- $1.50 (s-a)^___,__—_ »:.~75cs Supply Canada ,ferqWeries-,_Ltd.______u__"_. 1 5-15 .Sr^.,.,.5-21 t25q 6-4 25c 6-15 yies$ern Condensing 548 , 6- 6" 12 %C T-"^~''^Western I 5-1$ - special 6- 6--1 ^ortewr^ RR.,' Mm,_ s. Fixture 1 5-15 6-15 -,25c & 1 > ~ 6% • 6-11 Ii 6- 12-, 2 (quar.)_—',■'■••• Cp. Showcase Western;iAuto t^'"'' / "9- ~yi20e fqua) Jersey^&cSeashqre 9 6- 9-1Q t25c Co;- .iqtuut#£&*u+i.x. ^S'.-prcierred 7- 50c (quar.) " ' j.—i 6- 25C (quar.) California— preferred Tank Co. ' 6"2^vv; - West-J)Jsinfecting 6-12 6-11 12-10 $3l(4c — 7- '-75c 6- ; ^preferred (quar-)i.^__i-_^.i. Engineering ■ Gor_~i*__^i,»__ - $1.37% 1 yr^K-Ar*;^r4%,:;a;,We&pon%(^ 7- 1 75c Corp. 5-14 5-11 ctur&'iar 62 %e — ——- Extra Weber 62'/2C $1.37% — 5-31 — (quar.) 1 2 $1.25 $1.25 $1.25 5c t25c 20c $1 —- (S. D.) ;.t;"Waukesha i-12 6-12 37(4o (quar.)— 66- " . 40c 62'4c - - 75c Petroleum 1 $1.30 . __i 1 100% . 6- " i-6-- -+•■■■>' ,1 5-17 20c $142% Quarterly . 5-15 Co; La Salle St. 11 -15 " "" v, 6-11 6- " 65c Corp.- (quar.)—_j_—_ Fallo St *1, 6- 6-20 30c —u (quar.) ^wstfil2t>Urn 40c (accum.)- 7-16 6-15 25c 37V2c 5-22 6 -15 . 5-19 1 — — Co._—— Manufacturing Warren 9 6- ... , 1 8- Company, now eom. (initial) $4.50 preferred (qu«r.)_^i___ $1.75 (accum.) 6- Walgreen -Gompany '(quar.-)______—__— " Walker & Company; class A (quar.)—_—Warren ( Northam) $3 preferred (quar. V__—- • 7- 7 July on preferred 5-19 1 • Vogt *m mm at $105 per share plus this dividend) 12-22" 6- 8- Warren (s-a)—,' 1-2-52 A Railway, < — «. #. — Association Tudor City, 4th Unit 6% 5-15 1 6-15 4Qc 28c (quar.)j-^ii— (quar.) 6- 50e 9-2B (quar.)68 34c common (quar.) ' 62(4e; preferred oreferred -»s Corp. —— 1 30c (quar.)$1.01 — $1.25 $1.12 preferred Virginian . 5-18 6-28 30c _ 10- .DMk-vincreased) 1 6- 20c (quar.) 6-22 $1.37(4 $2 :__—: (qu^r.) 6- . $15c —— 15 5-15 9-14 20c (quar.) $1.06% r-' 1 1 2 75c (s-a) Inc.- • Iron & preferred 5(4% 5-18 6- 4 6- 7- 62 (4 c (quar.)— $4.20 preferred (initial)————_— Virginia Telephone & Telegraph— 5-17 50c — Coal $4.04 $5 1 8 5- 62 (4c Virginia Dare.'Ltd, 5% preferred (quar.)— Virginia Electric & Power Co, com. (quar.) ^ 7 5-25 Co — Co Chemical Virginia 5-28 . 20c — by 5-15 6-15 $1.37% common 1 5-10 4% (increased (Increased (stock L—— Trust Co. (La.) (quar.) Building Twin (quar.) Speed Queen Corp. Vick 1 6- 5-31 Temper Corp, common (quar.)_ 4%% preference (one-half of shares held 1 6-15 (quar.) Southwestern States Telephone Co. Spear St Company, common $5.50 preferred (quar.) 6- 6-15 True 5-11 6 6-13 $1.25 — Southwestern Public Service Co, com. (quar.) Spencer Chemical Co, 6- 20c $1 (Dallas) 6-15 $1 • 4-30 6-10 — Syndicate, Viceroy Mfg. Co, Ltd 6-15 50c Co Norman Venezuela 6-15 12 %C . Telephone— Service 6-25 6-25 Troy $1.25 (quar.)— Ins, Co. 50c 25c Products Co. (quar.)—■ Trinity Universal Insurance Co, (Daila?)— Quarterly —' ■»y--V5c Quarterly 62 %c (quar.)™ Southwestern $1.06% 5-31 5- 5-31 30'/ac — • Southwestern 5-15 5- 5 5-31 25'/aC Southern Railway Co, common 5% non-eum. preferred (quar.) Associated 1 5-15 5-31 — Works Iron ' Southern Natural Gas Co.——— Southwestern 6- 5-31 Co & fm M preferred (quar.) 4.88% preferred (quar.) Southern Company (quar.) preferred 8 Treesweet : 4.08% non-cum. 6- 5-23 1 5-31 62 (4c Vapor Heaung Corp. ' 5% preferred (quar.)—— 5% preferred (quar.; 5% preferred (quar.) 5-31 6-13 6-14 T Increased 6-15 ' 6% Mfg. Corp.- Transue 6-15 7-2 5-31 17%c (quar.)_; (increased)-——— . 1 7- 6-15 6- 10c Vanadium-Alloys steel (stock dividend)— Old common (year-end )I_—__—.—.—— 8 6-15 — Co, 4,/4% pfd. (quar.) Elevators, Ltd. (quar.)——— Toronto 6- 6- 75c Edison— 6- 50c — Edison 1 9 6- 40c (quar.)— (quar.)—. Lathe Metal 6-29 $1.05 — Soundview Pulp Co.. (quar.) South Atlantic Gas Co, com. Bend 5-18 8c series A 1 25c common Oil Inc. Bearing 8 common— pfd. 4-30 7- 25c • 6- (increased)— Inc. 4-30, 5-21- 22JAc — iquar,)— $4 preferred Van Raalte Co _ Axle Roller 5-21 31V4C (quar,)—~— Associated Detroit 70c 5-15: common pref. prior Dorn Van " — (quar.)— Co, Water 5-11 50c . Van 6- 1 t2VuC (initial; common $5.50 5-16 5 $70 . _ ; (quar.) Roofing Co, Timken 9 6- 25c quar.) Ino, 6- 35C Co, Valspar Corporation. 5-15 5-25 35C (quar.) (quar.)com. (quar.)— Drug Stores Tiniken (quar.) preferred 1 15c (quar.) New 1 5- Interest (quar.)_. common Products, preferred Tilo 9-10* 12-10* 5- 1 common (initial Tide 6-11* 9-20 1 6- Mills, old 30C —— preferred conv. 5% 6-20 12-20 & Sons Carpet Co.— (quar.) Sonotone Corp.; South 4% Thrifty 75c Co, common Thompson 5-25 75c Socony-Vacuum Oil $1.25 -New 5-25 6- (quaf.)_——1 preferred Thomaston 75c (Alexander) 4.20% 5-25 5-31 — . Common 3.50% 5-25 $1.12% — Steel 4V4% 4-24 5-31 Co.— Quarterly Quarterly "Smith 5 6-14 25c $1.25 (quar.) Quarterly 6- 30c — Co. 4* 5-16 25c (quar.) —— Shovel 5, $1.12% (quar.) com. Trust, sub shares ctfs.— Fair J$1.12'/2 __— (quar.) 5% preferred (quar.) Sloss-Sheflield Steel & Iron ;» 9 6-11 $1.06(4 _— (quar.)— 5% prior preferred ■ (quar.) 5% prior preferred <quar.)_— Valley Mould & Iron Corp — 6-13 9 6- Knitttog 1 6- — prior preferred 5% 5-31* 6-28 $1 Thatcher Glass 1 6-15 Utica io-ig 50c Ltd. (special; Co. Sugar 7-20 1 Inc.— (quar.) Winding Co.— preferred (quar.)„_—— Upper Canada Mines, 1 6-15 convertible 90c 5-15 50c preferred (quar.)— Mfg, com. (increased quar.) conv. 8 6- 1 common $1.25 5-25 6- 5-29 Corp, 811- 30c preferred Universal 5-15 100% Co. property Inc. (R. L) t$1.25 (quar.)_ Oil 6-15 25c (irreg.)_ Co.- (quar.) & Pacific Land Certificates of Textron, 6-15 (quar.) J.), Coal 70c r Skelly Oil Co. (quar,), Skilsaw, Inc. (quar.) Sloane Producing - 12 (4c 12 "4c (quar.)^. (quar.)—— new com; (initial)— Pictures Co, 5-18' 4-19 Fund, -Inc.——^— Texas 5-16 1 — Ltd., 5% pfd. Simpson's, Ltd., 4%% pfd. (quar.) Sinclair 1 6- 1 1 $1 — prefer led convertible 50c —— —— Sons, St 6- (quar.)— common (quar.)— Company 6-11 25c — Strapping, 4.50% 5-19 25c 62 %c (quar.)— Steel preferred Simon (quar.) Inc. _— 6- ——___ — 6-15 3' 7- . Match 4(4% Payable of Re«. Inc.— preferred preferred convertible convertible Universal i: 6- Inc— Transmission, Pacific Sicks' ■ Fund, (quar.)— dividend 35C Optical Co., Extra $20c —— 5-25 6- 6- 15c (accum.), Television 30c 6-15 5% 5% 3 Utah-Idaho 5-15 $1.25 5-14* $5c 10c — 5- 12 %c (quar.) 5-25 .—'—————' Shuron preferred 30C (quar.J-— 5-15 1 Universal convertible Gold Mines, Ltd Telephone Bond & Share CO,—. 2 1 6- 5-28 27c preferred (quar.) Taylor, Pearson & Carson (Canada), Ltd, com. .4.32% 6- 50c —— « Teck-Hughes 2 Water, 5% pfd. (quar.) — Co., 4% pfd. (quar,)—— Va'.ley i 50c 50c —. (quar.) common Inc. Share x Company Laboratories, Universal Holdert When Per Name of 5-11* 5-31 Taylor & Fenn Co; 5-25; 130c ____________ Mfg. Sheuango 5-25i 6-15 t50c (quar.)-, Pen Co. Extra Sheller 6-15 " 5-25 -- (quar.) B A.) Tampax, 5% (quar.) —r preferred A (quar.)——-—~ preferred Talon, Inc., 75c ___ Common 4%% 6-15 6-15 40c (quar,)— Steel Corp Shawinigan Water & Power Co.— Sheaffer 1 1 6-10 22c / (quar.) B Sharon 4% 77- 25c (quar.) preferred Corp., Class 5-19 $1.12 5-17 6-11 Monday, May 21, 1951 . Holdert Payable of Rec 25c Corp. Ccrp— Symington-Gould Syracuse Transit When • Share of Company $1.25 Rubber, common (quar.) prior preferred (quar.) Seiberling Serrick Name Payable of Rec. 35c Seeger Refrigerator Co. 4%% Per Holdert When per Share Name of Company . . "4-3^ 6- 1 • Western 5-15 Life . Ins. Common Co. (Helena, Mont.)—1 L'_—— 30c x 8- " Corp.. —— common pfd. (quar.)———— Spokane Portland Cement - ' Common 8c ; 12-10 50c - Sport Products, Inc. Squibb (E. R.) Common $4 1 (A. 5-25 Stock $3.75 Mfg. Co, com. dividend $3.50 6% 5-25 United Brick 4 5-23 United Can 6-6 5-23 4Vi% United 5-25 United Corporations, Class B (quar.). 6-15 5-15 6-15 6--1 40c (quar.) 6- 40C Standard 25c Standard Holding Corp, Class B (quar.) Oil Co. Standard Oil Co. Extra — Standard 3%% Oil (Del.)— (Indiana) — preferred A Silica common.; Standard Steel Spring Co. State Fuel . ___ (quar.) 7-10 0-29 12 %c 7-1Q 6-29 6-11 6-11 6-12 93 %c 7-13 6. 1 8-15 8- U. U. 6-10 5-24 6-11 5-19 U. < 5% 5% Stedman Hterchi Brothers, Sterling Stern Drug, & Coke Storkline St Oil (D. A partic. Co. Co, 6% common 2nd preferred (quar.) 6% U. CO 1 iH U. 5-21 £J. 6- 1 5-15 U. $60c 6- 1 5-15 6- 1 5-15 (quar.)— 37 %c (quar.) 30c 27'/a 6-15 6- c 6- 1 1 5c (quar.) 5-25 6-15 6- 1 6- 1 Quarterly Quarterly Quarterly 7- 1 6- 10- Spring U. 40c : Sylvanlte Gold Mines, Ltd. . (s-a) Extra 1 1-2-52 11-30 $4c 7- 3 5-11 $4c 7- 3 5-11 Truck Steel 6-18 $1.50 6-29 6-18 7- 2 6- 7- 2 1 6-29 6- 8 1 9-20 7-16 11- 1 10-18 Corp. 26c 5-23 3Qc - 6-1 5-1 i ,5-3 7-31 5-15 5-31 5-11 & ; 7^10 Light Co. (quar.)——— $1.20 6-15 5-31 $1.12 '/a 6-15 5-31" 25c 7- 2 1—„ (quar.)—„___ . i (quat-)-—r-~- 6- 9 6- a 7- 30c 5-31 5-15 31 %c 6- 1 5-13 12'/a c Inc, com. (quar.)—: preferred (quar.)___l— 12-20 Petroleum Woodward 11-30* Co. Governor 7- 1 Wool worth 6% (F. pref; 6-30 6-12 6- 5-18 2 (quar.) Co. ;. (quar)____ 25C ;— W.) & Co," Ltd^— registered fF. W.) (s-a).^__—— Co. Wrigley (Wm.) Jr. Co. 6- 6- 1 5-15 7- 2 6-15 Wurlitzer 6-11 5-21 Wyandotte 6-11 6- 1 5-15 6- 9 (quar.T— a3% 6- 8 5-30- 50c 6- 1 4-20 25c 6- 1 5-19 $2.50 6- 1 5-15- 20c 6- 1 5-16 10c 5-31 5-31 5-16 }20c 6-30 6-15 25c '' 6-15 i._l (Del.) (monthly) 5-21 1 Wrumbo ' York 56 %C 5-19 8-19 $1.75 11-20 60c 6-15 117 % c 5- Mfg, 5% prior pfd. (s-a)__— ' (Rudolph) Company Worsted, Co,——. —__ Knitting Mills, Ltd, class A (L. A.) Spring & Wire 11- Youngstown Sheet & Tube "Co. 6 Ziegler Coal 5-25 <0* •• -8., 1 5-20 5-25 5-10 6- $1 25c 5-25 6- 1 r 6- 1 6- l' 6-15 5-18 25C 6-12 7-31 •; & Coke (quar.)______ .— Canadian onn-residents.* 15% .resident : i y - Canadian funds, tax deductible *t tax 15%; resident tax 7%. - Less British x Less income tax. Jamaica .income tax.. Corrected payment Previous published 6- the 1" : ' < tPayabie in 5-1B 5-15 — •Transfer books not .closed for this dividend. a 50o 6- 6-15 75c —— 6-15 25c (quar.)—____ (quar.) fPayAble in T3::-.EL; Eunda^ less ' 5-16 75c Young Youngstown Steel Car 4- $1.12% (s-a) 4 4-30 preferred..— (quar.) 5 10c Woolworth 6-15. $2 ; 5 -6- 1 conv. $1.50 .___ 1 4c Cp. 6-15 , (quar.)__ 6- 5-18 8= $2.50" 90c Power 75c Extra 6-15 6-30 Industries Woodley 8-31* 75c 2nd 5-23 , 5-31* $1.75 Consolidated Oil Universal Insurance Co. 6-20 $1.75 $4.20 7-2 6-15 (s-a)^____c— Corp, 6-11 $1.50 preferred • Oil 5% 5-25 7- (increased) (quar.) y 7 (quar.)___i_______^—^ preferred 62 %c i 6"-18 „ 25c 6-18 50c common. Ltd Stores 4.80% 4%% Woodall 75c (Del.) X Investment, Co.—1114— preferred 5-18 8 75c Corp., 6' $$2.5Q 6% preferred (quar,)——_______ Wisconsin 6- 8 6- B8nkshares Wisconsin Wiser Lines 1 4 5-31 3 " $2.50 . (quar.) 7.6- 6" 7-16 — 6-29 iquar.) preferred I:} >-15' J60c Hosiery Co.', common. 3.60% ' 5-15 5-16 5-10 — 7-30 • " 5-15 $1 ' t-tl 25c $1.06% 7- (quar,)— 4-30 „ 6-11 t3Qq Wisconsin Electric Power, common— $1 " ~ ^ (quar.)— Wisconsin $1.25 5-1G ' 6-15- 20c Lovett Grocery; -Cta.y -eom; 4fluar.') (' fB6%c 5-10 ; Co. 25q, B -i 4%%' preferred 5-10 (quar.) 5-24 8 5-22 fl. Winnipeg Electric Co.y com. (irreg.)—1_— 5% -nofi-cum. preferred (s-a)____________ 6- 6.- .25 $l.: ' preferred- & 5-23 5-24 , 8-22 .25 " t - ' 7- common_. preferred Universal L-Vft ' 5-31 $4.25 Whin 1 :6s;4if-«.- ■ - 25c Company,' common-(quar.) $1.12% United Telephone Co. of Pennsylvania— 4'/2 % preferred A (quar.) 8-31 40c 6- 6 Corp.— (quar.)— '*• 5-22 preferred (quar.) United 1 & 5-15 com. (s-a) (s-a),41 Ltd. 45c Bumper • Inc._^__-_'—_— Products, Wilson 5-11 22 %c preferred & Steel Corp, S. 7-16 5-21 $1.06% common preferred 5-15 40c i Co, non-cum. United 2 ' (quar.) 7% 5-15 10c 6-14 series A preferred-series B 6- (s-a) 7% 5-19 37 %c (quar.) S, 7- convertible .preferred convertible Wilison 1 8 6. 15c 5-10 6* 1 6- -25c., / 6-31 $1.75 Securities A Machine Co, 5% .$1 (quar.) series 'Mfg.'z_"_-."___1—-1__ 6- (quar.) 6- 2SC Lace Willcox $)* Glhbs Sewing ■ ; $1 f Co., fquar.) Rubber 7% 5-15 50c (quar.) U. 6-11 6r30 75c preference S. WIlkes-Barre 5-15 =«(-■ 5-10 SOc \ (quar.)_u4 6-14 50c 50c ~ 2 6-15 050' (Increased quar.)i__^i.^_lL.""". 40c ^— (quar.)— common common_______: $1.75 Printing & Lithograph Co.^ 4Va% Swift & Company— , S. U. 5-16 7- :3 Machinery Corp.— (N. J.), Corporation Winsted (quar.i 7- ;.50c' _ Instrum e ntf'Cdr p. J quar.) _ 5% 22'Ac — Corp.— (quar.) (quafch—s——— preferred Potash 8% 6-11 26^c 5-25 $4 Playing Card Co.— S. U. 5-15 7-16 5-24. 6-15 4-30 Securities International 1st S. S. 5-25 1 6-11 J$1 J $1.25 ■ ,.(inftial) 11- 2=15,-32 *r —: (quar.)——.; B 8- 8-15rU-15 . $1.25 (q^Se^'-preferred (quar.)—' ~$1.12% -. WJleox Oil Co. Quarterly / 5.-24 a6%% (quar.)_ (s-a)__, preferred preferred & 5% ' (quar.)— pfd. 5-15 Wickes 6-11 550 -7 Quarterly 1 1 5-17 35« . U. S. Pipe & Foundry Co. (quar.) Quarterly 5-28 6- Y.)—v- common, preferred S. Lines Co. 6-15 6- (N. 4Vg%: preferred 5-18 50c 25c (quar.)— Superior Tool St Die Co. Oil, 5-25 2 quar.) preferred A (quar.) 2nd preferred $5 6-15 8 6-30 ' preferred Hoffman S. $20c common (increased 5%% 4% CO 7- 37 %C (s-a)__ Ltd., 414% Swan-Finch 1 6- > v. $j.25 ; $1.25 15c ,6- 8 7c Co, common preferred (quar.)__; 4V4 % U. 4 $75c (quar.) preferred Sutherland Paper Co*, -3 6-13 56c (reduced)— - preferred Sunray Oil Corp, 37'/a c . Corp. common Sun Ray Drug, $20q (quar.) (quar.) Corp. Whitin. Machine Works^ pew com. 6-15 5-31 : (quar.)—.. Foreign 1st preferred Wiisil, Gypsum S. 9-14 12- Inc. Coal Oil 12-21 50c Ltd, class A A.) Co, Inc. (quar.) Furniture Btowell Screw, Class (quar.) 9-28 $1.25 r_ (quar.) Textiles preferred Btonega Bun Inc. Stern 4%% Stuart Ltd. Brothers Steros, 6-29 $1.25 . . S. Westinghouse Electric Corp,- ■, & 2nd 7% U. $1.25 ( —_ — preferred convertible •< i, 6-29 Stationery (quar.)^— •^7-' ^^$WSIte^M-.-®rectricaI 25c (initial)— & 6, 335c " (quar.)—— Improvement .Co. preferred S. $8 ' >So ; Envelope Co. (quar.)„ $4.50 3 15c preferred (quar.)— preferred (quar.) preferred (quar.) $4 , 6- 5-21 40c ' Investments, Ltd.— U., S. Finishing Co, Stecher-Traung Lithograph Corp.— 5% S. Tablet preferred 9'15 . ^ Westinghouse Air Brake Co. (quar.')"Ci 6-20 60c Cos. preferred convertible 7% 6% 3 '.I . United Science Fund 5-18 25C 1__ „ !___ Coal U. S. Casualty Co. 6-20 12 %C 56 (4c (quar.) Illuminating Co.— 5-18 7- Z 5% preferred A (quar.)_____—'t 5% preferred A (quar.)——^ 5% preferred A (quar.)j________'—_______ 3.80% ' . (s-a) United 5-10 6-11 1 ; United-iMolasses Co, Ltd.—Ordinary (final) United Pacific Insurance (Seattle) 5-10 6-12 50c ; - Ltd. Gas '45c '6-27: 50c series A United 5-11 ' current T__ B 7-15 25c , — Fuel Class 5-10 50c _1 Supply Electric United 5-21 5-10 25c (quar.)— (quar.)™—, Corp, 6-1 $1.50 (quar.) common Standard Railway Equipment Mfg. Co. (quar.) Standard 4-30 50c r— (Ohio) 1 5-28 , 65c (quar.) (New Jersey) Co. 4-30 12 %C —————— Standard Qil of California Standard A——'. class - 8-15 1 6- $$1.25 Standard Dredging Corp.— $1.60 conv. preferred (quar.)— 1 6- / 112 Vic common common Upited Elastic Corp.— Extra Standard. Chemical Co, Ltd, 5% preferred (quar.)— Corp. Corporation United 5-15 ■< Western (s-a) preferred 6* 8 ^87%C 1 1 _ Tile 6- 30c,. ~ 5-18 6- $6 & 6-20 5 6-15 1 40c ■> from 6- 6-. l! $1.12% earnings & Glass Co.— conv. 6-15. 6- SOc — — Western Pacific RR.— ' fiscal year) 7-16 7-16 40c (quar. common (quar.)__—— pref. of - — Corp., 5- 4 $1.12% America Carton (Out 1 — — Forgings & 94c Insurances (Detroit) convertible pfd, 1 Standard Cap & Seal Corp.— r$1.60 Board 8- 6- of Common 6_16 5-25 $1.25 . (quar.)— — a- 100% (quar.), preferred Co. 6-28 i- $1 — pfd. (quar;) preferred (quar.)_ $4.50 , $1 (quar.)— ,,, Standard Brands- Inc., 6-12 50c ___ Accident Quarterly Biscuit Common 1 5-15 20% — (quar.)—,, Lines, 4'/2% v$i — (quar.)—_ preference Standard 50c quar.)-— (quar.) A Air 75c — (stock dividend)— (initial) common preferred United 9" 1 Co common — (increased E.) 5% United Sons ii preferred preferred $4 Staley (increased s-a)— "12- Drill Aircraft, United €■» 1- 9-10 7c . * Common Twist New ... v.jt: -™ • Common » Union United 1 tax. source. Noa* 1 < . . or holders of record dates were incorrect. . date* are reported herd ; Volume-173 Number 5013 . . . The Commercial and Financial Chronicle (2135) 51 STATEATO CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Los Banos Union ' •' I A ' 't r- - ' Dist., Merced County (P. Merced), Calif. Bond Sale—The $450,000 water system revenue bonds offered May t 15—v. follows: ; Due and -1862. - 255,0$) 234s. v1883 to Jan Due ' ' : Batesville Dist. Sch. „<a - - 108,000 2y4s. : 1955 to r:: Due 1960 188,000 2^28. r1961 ^ Sale Due on • 1, school bonds. inclusive. • of: building project Z-f*-; terest fob- follows::-• ■ :■?-"ri. inclusive. IOWA Adel Bond Clerk J Bond Sale—The $1,160,000 sew¬ bonds offered May 15—v. 173, P. 1836—were awarded to a group er composed of Laidlaw & Co., First of Michigan Corp., Ira Haupt & Go., all of New York City, and Taylor & Co., of Beverly Hills, at price of par, a net interest cost 1.913%, as follows: of about . on June 15 from 1952 to 1955 inclusive. Indep. Sch- Dist., lowm Bond Sale—The nasium bonds awarded Iowa-Pes Moines National Bank of Des Moines, as 2 y4s, Ml a to the price of 1Q0.T33, 2.23%; receive sealed bids until 8 p.m. (MST) on May 28 for the purchase of $300,000 elemen¬ tary school bonds. Dated July 1, 1951. Due ron July 1 from 1952 to 1970 inclusive. Interest J-J - V * . \"r DELAWARE •' dated on June callable on Dec. 1, 1960. Legality approved by Bannister, Qarpenter, Ahlers & Cooney, of Des Moihes. Cherokee, Iowa Bond County Sch. Dist. No. 73l/% (P. O. Skokie), III. Bond :-v': Sale The $425,000 y Sale —The $7,629 assessment Cook 1, Dec. 1 from! 1952 to 1970 inclusive. Bonds ma¬ turing in 1961 and thereafter are ILLINOIS ' . basis of about a Offiering-^J. F. Woodall, y-The bonds are of the Board of School 1951 and mature trustees, will $150,000 gym* May 15 offered 173, p. 2036—were —v. special sanitary sewer bonds 15—v. 173, p. 2036— offered May awarded to Central Trust & were Savings Bank, of Cherokee, as 15 31/2S, at a price of par, *' 2036—were awarded Bond Sale The $3,250,000 to a group composed of Council Bluffs, Iowa Blyth & > Bond Offering—John J. King¬ sewage disposal and street im¬ Co., Sills, Fairman & Harris, McBond'Sale—The $128,000 bonds ston, County Clerk, will receive provement bonds offered on May Dougal & Co., and Burns, Corbett offered at auction on May 14— sealed bids until 10 a.m. (CDST) 15—v. 173, p. 1932—were awarded & Pickard, Inc., all of Chicago, at v. 173, p. 1932—were awarded tp on May 22 for the purchase of to a syndicate composed of Halsey, a price of 100.019, a net interest the Carleton D. Beh Co., of Des i$34,000 school bonds. Dated Aug. Stuart & Co. Inc., New York City; cost of about 2.89%, as follows: Moines, as follows: ^ ;; 1, 1950. Due on Aug. 1 in 1967 Northern Trust Co., Chicago; Mer¬ ,$300,000 3s. Due Dec. 1, 1970. Op¬ $41,000 street improvement bonds and 1968. Interest F-A. Legality cantile-Commerce Bank & Trust tional in various amounts be¬ y. as 5s, at a price of 100.024, a approved by Orrick, Dahlquist, Co., St. Louis; Coffin & Burr, of ginning on Dec. 1, 1953. basis of about 4.99%. Neff & Herrington, of San Fran¬ New York City; Blair, .Rollins & 125,000 23/4s£ Due Dec. 1, 1970. cisco. vyy'' 87,000 general obligation street fy y;: Co., Inc., Kean, Taylor & Co., and Optional beginning on Dec. 1, v R. S. Dickson & Co., all of New construction bonds, as 2s, at Santa Ana Sch' Dist., Orange 1967. a ♦York City; Schmidt, Poole & Co., price of 100.07, a basis of County (P..O. Santa about 1.98%. Philadelphia; George B. Gibbons INDIANA Ana), Calif. • & Co., Inc., and Hall & Co., both Dallas County (P. O. Bond S a 1 e The $1,065,000 of New York City, as 1.70s, at a Bartholomew County (P. O. * school bonds offered on May 8— price of Adel), Iowa ? ; : 4 Columbus), Ind. 100.11, a basis of about San Alameda, Calif. $120,000 5s. Due 1955 to 1961 inclusive ?- y CALIFORNIA '•jr com¬ In¬ ♦ ■. group Fletcher Trust June of a Share Legality approved by Sibley, Troutman & IDAHO J-D. Legality approved by —,,. tional Bank of Commerce, of New 1, 1956. Legality $15,000 2Y4S. Due on-June 1 from London,, at 1.365% interest rate. approved by Townsend & TownMay 15, 1951, and due Sept. y 1954 inel-ushre.';,:feM^i send, of Little Rock. r 35,000 2s. Due on June 15 from a Spalding, 1981 to . 1852 to 1971 inclusive. Bonds call¬ ; 1952 ; Ropes;: Gray/ Best, Coolidge & $50^ school Rugg, of Boston. r ; Rresident ol t^e SchoblBoarcL will building bonds offered May 8-*-v. recei^^led bids untgJp.m? -173, p. 1836-—were awarded ' to y Hew London, Conn. ^ (CST) m May 31 for the ^purchase Dean Witter & Note Sale—An issue of $600^)00 Co., of San Fran¬ o£$430,000 buddiwr'bonds. Dated cisco, at a price of 100.02, a net tax anticipation notes; offered June 1, 1951. Due on June 1 from interest cost of about 2.02%, as May 15 was awarded to the Na¬ as from '■'-■v-y: Soda Springe Joint Class tlB" Sch, Dist, No. ISO (P. O. Soda '''• The bonds are dated June 1, 1951 and mature serially on June Springs), Caribou 1 from 1952 to 1961 inclusive. In¬ Cpuhty, Idaho ^ to posed of the Indianapolis Bond & Kelley, of Atlanta. bonds. awarded were Corp., City Securities Corp., Co., and Raffens¬ Broome & Co., all of perger, Hughes & Co., all of In¬ Atlanta. Th€ bonds are dated June dianapolis, as 2V4s, at a price of 1, 1951 and mature on June 1 100.577, a basis of about 2.15%. ;100,000 departmental equipment . offered May 12—v. 173, p. 1837— Stockton bonds. sewer v€oafs; able Co., Wyatt, Neal & Waggoner, and Milhous, Martin & Co., all of At¬ lanta, Varnedoe, Chisholm & Co., of Savannah, Norris & Hirschberg, J. W. Tindall & Co., and terest J-D, . ;200,000 lateral May 1 from : No. $250,000 May 1 from inclusive. 1971 to on consisted follows: as •simi \ MKAMSA# •- >. Jan.. 1 from on 1971 to J974 inclusive. - v 2.489%, $54,000 4s. Due on May 1 from ; ; 1952 to 1954 inclusive. Jan. 1 from on 1970 inclusive; 145,000 3s. New Haven, as 1V2S, at a price of ings Association, of San Francisco, 100.343, a basis of about 1.429%. at a price of 100.074, a net interest 1, 1961 .^ Due $550,000 bonds of America National Trust & Sav¬ cost of about on Bond Sale—The $350,000 school offered May 16 were awarded to May 15—v. 173, p. Laird, Bisseli & Meeds (Day, 2035—were awarded to the Bank Stoddard & Williams division), of .• t, Bristol, Conn. bonds offered to Roosevelt & Cross, and F. S. Smithers & Co., both of New York, jointly, at a price of 100.02, a net interest cost of about 2.833%, as "*• CONNECTICUT O. Bond Sale—The 173, p. 1932—were awarded $50,000 2 Vzs. Elementary Sch. v Montgomery, Ala. Leandro Sch. Dist., Alameda funding 'v • Wilmington, Del. n, County {P. O. Oakland), Calif. —v. — bonds 173, offered re¬ May p. . , 80,000 l%s. Due and on June 15, 1956 1957. 40,000 l%s. Due June 15, 1958. 1500,000 l3/4s. Due I June 15 from on 1959 to 1973 inclusive. 320,000 2s. Due | on June — v. 173, p. 1941—were awarded to Halsey, Stuart & Co., and Associ¬ ates, at a price of 100.07, a net in¬ 15 from 1974 to 1981 inclusive. Kern ? County School Districts (P.O. terest cost follows: Bakersfield), Calif. V . ; of about 2.03%, 1.69%. » 'V';- National Trust ,& ( 140,000 Muroc bonds t as 100.206. v.; ,4 • Los bids Sthool 2Y8S, at a of V , Angeles, Calif. 10 a.m. (CDST) purchase 1957 to J-J. - Bond Sale—The inclusive. 1974 -y Clerk, until of will June 4 receive for the County Due Auditor, sealed bids until 10 S. will a.m. (CST) on ;-i;" Springs, Fla. ruiiiliriU Town Interest yy' — J. Beverly Shores, Ind. , Bond D. Due on Dec. 1 from to Jan. 1, 1966 inclusive. Interest : School District, Tulare *^*1952 to 1963 inclusive. J-J. Legality approved by Ross, County (P. O. Visadia), Calif. 199,000 street improvement bonds. McCord, Ice & Miller, of Indian¬ Due on Dec. 1 from 1952 to Bond Offering — Claude H. fered May apolis. :;:"'y ;yy.y15—v. 173, p. 2035— 1966 inclusive. Bonds matur¬ Grant, County Clerk, will receive were awarded to a syndicate com¬ ing in 1964 and thereafter are Gary, Ind. posed of Glore, Forgan & Co., and sealed bids until 10 am. (CDST) callable as of Dec. 1, 1956. Bond C. J. Devine & Co., both of New on May 22 for the purchase of y„ Sale—The $400,000 fire building bonds. • Dated Each issue is dated Dec. J, 1950. department bonds offered on May York City, at a price of par, a net $74,000 ipterest cost of about 2.141%, as June 1, 1951. Due on June 1 from Interest J-D. Legality approved 15 were awarded to a group com¬ to 1967 inclusive. Interest by Mitchell & Pershing, of New posed of R. S. Dickson & Co., of follows: ' 1953 York City. //■'.. ;■ Chicago, Braun, Bosworth & Co., $1,250,000 4s. Due on May 1 from partment water $10,000,000 De¬ Water and" Power of works revenue bonds Union High 250,000 XYzS. 1,250,000 l%s. Due 1958 to Ventura - Due May 1, 1957. on May 1 from 1962 inclusive. Union Ventura v ! »' Bond High Sch. Dist., County (P* O. Ventura), Calif. Sale — on , S w i ss American Bramhallr and G. H. Barbour Corporation^ ings Bank of San Fraradsco^as-Os, & Co., -Inc., a price-of ar-bwsrs-'of Walker & Co. about 2.97%. University System Building Author¬ , ity of Georgia The $2,310,000 May 1 from building bonds offered on May 8— v. 173, p. 1941—were awarded to a 1963 to 1979 inclusive. ; ; ^ syndicate headed by Halsey, 3,000,000 21/is%: Due on May 1 Stuart & Co., as l.%s, at a price of from 1980 to 1991 inclusive. 100.10, a basis of about 1.71%. Other members of the group in¬ cluded: Stroud & Company, In¬ Westside Union School District, Los Angeles"County (P. O. corporated; Francis L. duPont & Co.; First of Michigan Corpora¬ Los Angeles),' Calif. tion; Ira Haupt Co.; Otis. & Co. Bond Sate-^The $52,000 building (Incorporated); Roosevelt & Cross bonds offered May 15-^v^ T73, >p. Incorporated; C. J.? Bradford & 2035—were awarded to the Bank Co.; Andrews^ & ! Wells,, r. Inc.; of America National Trust & Sav¬ 4,250,006 2s. Due Inc.,, Toledo, and Raffensperger, Hughes & Co., of Indianapolis, at GEORGIA , (P. O. a price of 100.592, a net interest cost of about 2.08%, as follows: $200,000 2s. Due June 1, 1965. 200,000 2V4s. Due on June 1,1966. Bond Sale—An issue of $6,000,000 3% building revenue, series Lake County (P. O. Crown of 1951 was sold privately recent¬ Point), Ind. ly to a syndicate composed of Bond Sale—The $91,000 voting Robinson-Humphrey Co., Inc., At¬ machine bonds offered on May 14 lanta, Blyth & Co., New York, —v. 173, p. 1837—were awarded Equitable Securities Corp., to the Northern Trust Co., of Chi¬ Clement A. Evans & Co., of At¬ cago, as ll/2S, at a price of 100.18, r Atlanta), Ga. . lanta, Johnson, Lane, Space & Co., of Savannah, Courts & Co., and J, E. Hilsman & lanta, Co.,' both of At¬ Blair, Rollins & New York Co., Inc., City, Byron Brooke & a basis of. about Waltz 1.45%. parking fund lot awarded $450,000 bonds was May 16 to Wheelock on & Cummins, of Des Moines,-and Republic Co., of Chi¬ cago, jointly, as 2s, at a price of 100.19, a basis of about 1.98%. . Halsey, Stuart & Co. Inc., Chi¬ cago, Sale—The $25,000 school township and civil township bonds offered the $315,000 the day, as airport bonds as price of 100.211, a basis same 1.60s, at a of about 1.57%; and $100,000 flood protection bonds as 1V2S, a price; of 100.378, a basis of about 1.44%. The $100,000 water sold to Des day were Wheelock & Moines, 101.35, revenue same bonds offered the a as Cummins, of 2s, at a price of basis of about 1.807%. Urbandale, Iowa Bond Offering—Wanda L. Town mons, Clerk, sealed bids until May on $63,000 Dated 1 21 for sewer 1952 7:30 p.m. the (GST) purchase of improvement bonds. 1960 to Callable at any time. proved by Tim- will receive May 1, 1951. Due from on May inclusive. Legality ap¬ Bannister, Carpenter, Ahlers & Cooney, of Des Moines.. Vinton, Iowa Bond and ; Sale—The $170,000 sewer street construction bonds of¬ were Township (P. O. R. F. D. S, Wabash), Ind. awarded was bonds follows: $215,000 fered No. Bond City, Iowa Bond Sale—An issue of of¬ 1952 to 1956 inclusive. , 15—v. Co., of Des Moines. Sioux • - $21,000 jail 173, p, May 1932—were awarded to the Carleton D. Beh Clerk, bonds. offered the Central , Offering—Henry A. Cole, Ryan, Town Clerk-Treasurer, will re¬ will recieve sealed ceive sealed bids until 8 p.m. bids until 8 p.m. (EST) on May 28 for the purchase of $300,000 bonds, (CST) on May 28 for the purchase of $35,000 municipal building divided as follows: bonds. Dated May 15, 1951. Due $101,000 municipal improvement semi-annually from July 1, 1952 on Offering bonds 15, 1951. Due semi-annually from July 1, 1952 to July 1, 1970 inclu¬ sive. Interest J-J. Legality ap¬ utility .tax proved by Ross, McCord, Ice & serially in 30 Miller;* of Indianapolis. Sale —The Bond Jones, receive June 6 for the purchase of $260,000 hospital bonds. Dated* June ujg h'3 Miami Offering—Paul ; $92,000 ^y-'y-y,'^;": Bond May 29 for the of $1,548,000 building bonds. Dated July 1, 1949. Due on July 1 from District price until Offering—B. F. Mc- certificates. years, $258,000 Arvin Union School Dis- ( Bond Offering—W. H. Augustus, trict bonds as 2Y2S, at a price County Clerk, will receive sealed 1 bids purchase v of 100.309. Walton, Fla. City sealed Sav¬ ■. - Fort Certificate \ Sequoia Union High Sch. Dist., San Mateo County (P. O. ings Association, of San Francisco, ; ; t, Redwood City), Calif, as follows: • 1 v America y Combs, - yS'; :J; FLORIDA as Bond Sale—The $398,000 school $345,000 as 2%s. district bonds offered May. 14 [ 720,000 as 2s. y; v.'vwere awarded to the Bank of ;/V, Bond May 15—v. awarded to 173, p. 2036— Vieth, Duncan & Wood, of Davenport, as 2Y4s, at a price of 100.032, 2.24%. a basis of about (2136) York KENTUCKY Burkesville, Ky. and 10 Bond Bankers Lexington, jointly, of r interest cost of about follows: of par, a net 3.98%, as $29,000 3%s. Due on April 1 from 1963 inclusive. 1954 to 1964 1951. bonds Offering Boston. Palmer ~ Oct. 1, 1 from 1951 to 1955 incl. 5,000 Rbll No; 22 bonds. Oct. Dodge, & of Offering — W. Lawrence Smith, Secretary of the Board of Education, will receive sealed bids l .from 1951 to Interest A-O. 1,1951. approved Paddock & Miller, Canfield, Stone, of Detroit. . • . Mich. Midland, Pang- will receive (EST) on Clerk, City born, * Offering—Weyant Bond Mac- Evely & Barbier, Stevens, Farlane, .of. Detroit. Legality by Mass. Due on 1955 incl. until 8 p.m. Each issue is dated Jan. : - Dedham, Moore, Duran — April dated are Legality approved by Storey, Thorndike, Floyd County (P.O. Prestonburg), Ky. Bond , 1952 to 1961 inclusive. from The inclusive. 1981 to haus, City Clerk, will receive seal¬ (EST) on May 23 for the purchase of • $59,000 special assessment paving bonds, ed bids until 8 p.m. - 136,000 4s. Due on April 1 from : Stein sealed bids until 5 p.m. Monday, May 21, 1951 , . the of $40,000 Dated June 1, purchase bonds. building (EST) on May 24 for clusive. the purchase of $75,000 building 130,000 macadam pavement bonds. Dated May 1, 1951. Due on bonds. Due on April 1 from as follows: June 1 from 1952 to 1966 inclusive. 1952 to 1956 inclusive. $40,000 Roll No. 19 bonds. Due on Bonds maturing in 1963 and there¬ 100,000 surface drainage and —-Oct. 1 from 1951 to 1955 incl. after are callable as of June 1, sewer bonds. Due on April 1 14,000 Roll No. 21 bonds. Due on 1955. Legality approved by Berry, price at a Mich. Offering—William * for 25 School District Twp. (P. O. Metamora), Mich. 4 Bond school bonds. Due on April 1 from 1952 to 1971 in¬ Farra Company, Holton, the and Center Line, Bond $220,000 awarded to the Co., of Louisville, were No. Sale consisted of: ' bonds offered revenue sewer May Metamora MICHIGAN l%s, at a price of as basis of about 1.72%. a water Sale—The $165,000 Bond City, 100.159, and Financial Chronicle The Commercial - 52 1951. Due on June 1 from 1953 to Legality approved inclusive. 1971 Scott by Dorsey, Colman, Barker, & Barber, Minneapolis. of Medford, Minn. Bond Offering — Walter Diers, Village Clerk, will receive sealed until bids 7:30 (CST) p.m. on May 23 for the purchase of $100,000 water works bonds. Dated 1, 1951. Due on June 1 from June 1954 to 1980 inclusive. Bonds ma¬ turing in 1976 and thereafter are callable as of June 1,1961. Le-i gality approved by Faegre & Ben¬ of Minneapolis. son, Sale—The $239,000 bonds May 23 for the purchase of $100,Otsego (P. O. Monticello), Minn. offered May 16—v. 173, p. 2037— City of Allegan, and Allegan and 000 street improvement, special Bond Offering- Jerome PerTrowbridge Townships Frac, were awarded to the Union Secu¬ assessment bonds. Dated June 1, purchase of $30,900 first mortgage Sch. Dist. No. 1, Mich. rault, Town Clerk, will receive rities Corp., of New York City, as school 1951. Due on Oct. 1 from 1952 to building revenue bonds. sealed bids until 8 p.m. (CST) on Bond Sale—The $385,000 build¬ Dated June 1, 1951.- Due on June 13/4s, at a price of 100.168, a basis 1956 inclusive. Interest A-O. Le¬ May 23 for the purchase of $35,000 of about 1.73%. ing bonds offered May 15—v. 173, gality approved by Miller, Can1, 1961, Callable on any interest road bonds. Dated June 15, 1951. p. 2036 — were awarded to the field, Paddock & Stone, of Detroit. payment date. Interest J-D. Due on Dec. 15 from 1953 to Gloucester, Mass. First of Michigan Corp., Detroit; 1970 inclusive. / <. * 1 Russellville, Ky. V Bond Offering — S. Emerson Stranahan, Harris &• Co., Inc., Nankin and Dearborn Townships re¬ Toledo, and McDonald-Moore & Fractional Sch. Dist. No. 2 Bond Offering—Vernon Miller, Laurie, ! City Treasurer, will St. Louis Park, Minn. ceive sealed bids until 11 a.m. Co., of Detroit, at a price of 100.08, (P. O. Route No. 2, City Clerk, will receive sealed Bond Sale—The $490,000 im¬ bids until 7:30 Inkster), Mich. p.m. (CST) on (DST) on May 23 for the pur¬ a net interest cost of about 2.03%, chase of $210,000 school provement bonds offered May .14 bonds. as follows: ' May 21 for the purchase of $240,Bond Sale—The $120,000 build¬ were awarded to a group com¬ 000 school building revenue bonds. Dated June 1, 1951. Due on June 1 $198,000 2V4S. Due on April 1 from ing bonds offered April 18—v. from 1952 to 1971 inclusive. Le¬ posed of John Nuveen & Co., Chi¬ 1952 to 1960 inclusive. > Dated June 1,1951. Due on June 1 • 173, p. 1629—were awarded to cago; Harold E. Wood & Co., Juran from 1952 to 1972 inclusive. Call¬ gality approved by Storey, Thorn159,000 2s. Due on April 1 from Watling, Lerchen & Co., of Detroit & Moody, and Kalman & Co., all able as of June 1, 1956. 1961 to 1966. inclusive. Interest dike, Palmer & Dodge, of Boston. as follows: " of St. Paul, as 2V^s, at a price of J-D. Legality approved by Skaggs, 28,000 134s. Due on April 1, 1967. Haverhill, Mass. $104,000 3V2S. Due on June 1 from 100.124, a basis of about 2.479%. Hays & Fahey, of Louisville. 1952 to 1967 inclusive. The bonds mature on May 15 from Note Sale—The $1,000,000 notes Deckerville, Mich. * offered May 15—v. 173, p. 2036— 16,000 2%s. Due on June 1, 1968 1953 to 1963 inclusive. (The dis¬ Bond Offering — E. A. Allen, LOUISIANA and 1969. • trict had issued a call for. bids on were awarded to /the National Village Clerk, will receive sealed Bond County Court Clerk, will receive sealed bids until May 31 for the ' . . . . < , 4 . • Bossier Parish Sch. Dist. No. Bond receive Board, will Parish bids sealed 2 until p.m. June 14 for the pur¬ chase of $400,000 school bonds. Dated April 3, 1951. Due on'April 3 (CST) on from 1952 to 1971 inclusive. Legality A-O. est discount. 1.10% Offering—R. V. Kerr, Sec¬ retary of the Inter¬ approved Bank Shawmut 13 (P. O. Benton), La. by Chapman & Cutler, of Chicago. of Sale ' ,/r: .. Massachusetts at Boston, - water (State of) ice District ' Sale—The Bond Serv¬ Hospital (P. O. Sulphur), La. hos¬ $325,000 pital bonds offered on May 11— v. 173, p. 1742—were awarded to of New, Orleans, on a bid reflecting a net interest about !' 1.577%, as "'water bonds follows: Westwego, La. Offering—Robert J. Du- pJ.antis, Mayor, will receive sealed bids until 7:30 (CST) p.m. on 1.70s. as bonds water 1951. as 1.70s. with 1966 inclusive. 900 follows: as $180,000 street bonds. 1952 Due 200^)00 July on bonds. sewer; from 1 Alex. inclusive. 1981 to drainage and Due on July 1 from 1952 to 1981 incl. - The bonds are 1951. Interest J-J. dated t-l July 1, Trust & Brown Savings are & & Co. * . County (P. O. Dedham), Mass.'' County (P. O. No. 3, Benton Harbor), Offering—Robert B. Hor- July 1 from 1952 to 1966 inclusive. The bonds maturing in agricultural bonds offered Bond Offering—S. Streett Bald¬ win, President bids until 11 5 for the "bonds, as of will a.m. County receive (DST) purchase follows: $6,000,000 15—v. 173, p. 2036—were Com¬ to Boston, June 100.269, on of facilities 1 from > The 1951. are Interest proved by dated J-D. Legality Semmes, and 1952 to 1 ... 1 . Brockton, Mass Bond Sale—The" Offering—Gene the Coffin & dated are purchase of Burr, May 1961 Fiebich, May 23 for $18,000 building April 1, 1951. Due Interest A-O. Legality proved by Miller, Canfield, 1, dock inclusive. & Dodge, of Hazel Park, Bond j Sale—The Worcester, Mass. * street assessment — 173, v. to H. V. Pad¬ 2 - - , offered May 17 were awarded to revenue notes awarded offered 2037—were Sattley &. Co., knd McDonald-Moore & Co., both County $1,000,- of/Detroit, jointly, at a price of pffered May 17 100.011, a net interest cost of to 3the The as Trust: Co.; Worcester, :at $44,000 2V2s. 1.08%;"discount. J vC < Worcester abQiit 2.32%, notesare Salomon Bros. & Hutzler, of New\ 1951, and dated .7 ; ; ; : ahd 1953. May / 21, j 48,000 2y4s. ! mStilre bri fsTov. 14,1951. and 1955. follows: Due Due ' on X • Oct. 1% of interest from ; t- 1, 1951 to April 1, 1952. MISSISSIPPI MacState Highway (P. O. Mississippi Township Sch. Dist. .Jackson), No*, 7 (P. O. 9269 Sandyside, < Michigan Bond Miss. Offering^J. P. Coleman, Bond Rural Route No. 8, Pontiac), Secretary of the State Bond Com-1 , mission, Offering—Ralph Bergsma, until bids June 7 receive sealed will 10 a.m. (CST) on Jr., Secretary of the Board of Ed¬ ucation, will receive sealed bids for the until May 24 purchase of $135,000 school bonds. Dated May 1, 1951. Due on Dated June Sept. 1 from 1952 to 1966 inclusive. terest Chapman & Cutler, of Chicago. 8 p.m. (EST) on for the maturing in 1964 and there¬ callable after are 1955. Interest as. M-S. by & Sept. Legality 1, of • from 1 Bridge Callable June 1954. 1, In¬ Legality approved by District, Bond Miss. Offering—James L. Bal¬ will receive (CST) on May 29 for the purchase of $600,000 building bonds. Dated June 1, lard, 1951. Offering—Theo. B. Larson, Clerk, City Due (CST) to from 1952 ap-. of St. Louis. MISSOURI water Due 1, 1951. 1953 1 Legality proved by Charles & Trauernicht, on "$6,000 street improve¬ from March $24,000 $18,000 ment. Dated June on inclusive. 1976 receive Recorder, ; will including 1 of as J-D. Webster June bonds. Tupelo Municipal Separate School to Minn. June 5 for the purchase of bonds, revenue 1, 1951. Due on June 1955 to 1981 inclusive. sealed bids until 2 p.m. MINNESOTA Bond purchase of $8,400,000 Bay Louis ap¬ MacFarlane, Dassel, ? St. Bar¬ Stevens, Berry, Evely of Detroit. 1964 on inclu¬ Bond Groves Sch. Dist., Mo. Sale—The $20Q,000 build¬ ing bonds offered May 14—v. 173, p. 1838—were-awarded~to the First Bapk;bf as IV2S, a price of l60,148, a basis of National at sive. about 1.47%.- "V': Freeborn County ■ July 1; 1952 on ' * 2.815%. The bonds bear additional / sealed bids until 8 p.m. Note Sale—The issue of ; was price of 100.07, a basis a Commission Lake White Village $92,000 special p. 2%s, at of about Greenwood Evely & Barbier, works and 14 1838—were awarded to Kalman & Farlane, of Detroit. ap¬ Mich. bonds May Co., of Minneapolis, and Juran & Moody, of St. Paul, jointly, as Mich. on &, Stone, of Detroit. Interest May & $450,000 bonds » May 1 from on Palmer on general obligation 4—v. 173, p. plant offered bonds Municipal Separate Bond Offering — Robert H. School District, Miss. Shores, Secretary of the Board of Bond Offering — Bonner DugEducation, will receive sealed bids gan, City Clerk, will receive seal¬ until 8 p.m. (EST) on May 23 for ed bids until 10 a.m. (CST) on the purchase of $400,000 school May 29 for the purchase of $445,bonds. Dated May 1, 1951. Due on 000 building bonds. Dated June 1, May 1 from 1952 to 1961 inclusive. 1951. Due on June 1 from 1952 to Bonds maturing in 1959 and there¬ 1972 inclusive. Legality approved after are callable as of May 1, by Charles & Trauernicht, of St. 1955. Legality approved by Berry, Louis. ' April 1 from 1952 to 1958 inclu¬ price of sive. a (EST) bonds. Dated awarded 000 — 2, Coloma), * Sale—The $90,000 sewage disposal School Consolidated Lake District, bier, Boston. ap¬ MASSACHUSETTS , to iv2s, at mature Thorndike, Semmes, of Baltimore. - Walled until 5 p.m. M-N. Legality approved by Storey, 1, Bowen R. mature field, Paddock & Stone, of Detroit. proved * June June as bonds The 1954 to 1981 inclusive. bonds Bond basis of about 1.41%. a 1951 bonds, on Boston, 100.45, from 1954 to 1981 inclusive. issue of 1951-11. Due awarded were June 1 on (P. O. of basis of about 1.44%. construction bonds offered May 16 June issue of 1951-1. Due 1 to inclusive.) Bonds as School District Township Michigan Sale—The $100,000 sewer Bond District, Due bonds, public price No. of Interest M-N. 1, 1955. Legality approved by Miller, Can- Director, will receive sealed bids 1 from 1954 to 1991 inclusive. .1,000,000 Hagar Wellesley, Mass. Metropolitan callable May Bank a are July 1, 1955. Interest J-J, Le¬ gality approved by Miller, Canfield, Paddock & Stone, of Detroit. $8,000,000 of 1,000,000 public facilities ' at on will Secretary, $558,000, Silver Lake, Minn. Bond Harvey, on of awarded National IMjs, as a 1 19th issue bonds. „ Second the sealed on . • of May as nack, Director, will receive sealed bids until 8 p.m. (EST) on May 23 for the purchase of $45,000 build¬ ing bonds. Dated May 1, 1951. Due Jack — receive sealed bids until 8 p.m. (EST) on May 24 for the purchase of $450,000 building bonds. Dated March 1, 1951. Due on May 1 from 1952 to 1967 inclusive. Bonds maturing in 1960 and thereafter are callable District Stevens, Michigan Bond Bond Sale—The $235,000 county Towson), Md. missioners, as (P. O. Box 189, R. F. D. . 1959 and thereafter Norfolk , callable Fractional Sch. Dist. No. 4 Bank; Sons; R. L. Day & Co.; Hay den, Stone & Co.; Whit¬ ing, Weeks & Stubbs;. Heller, Bruce & Co.; Field, Kicn^ras & Co., and Shelby Cullbrrf' D&vis MARYLAND Baltimore maturing in Hagar and Benton Townships Kidder, Peabody & Co.; Stone & Webster Securities Corp.; F. S. Moseley & Co.; Estabrook & Co.; First National Bank of Portland; divided Bonds of June 1, Bankers Trust Co.; First Boston Corp.; Harriman Ripley & Co., Inc.; Harris bonds, June 1 from 1952 to on Offering of from 1953 to 1964 (P. O. Utica), Mich. 1 Bond — 1962 and thereafter National the June 11 for the purchase of $480,- improvement Due No. on City, Mich. Offering Shelby, Sterling and Washington Townships Frac. Sch. Dist. revenue 1, 1951. Due 1956. Interest J-D. Le¬ City Bank of New York in the gality approved by Miller, Canunderwriting were the following: field, Paddock & Stone, of Detroit. Associated Bond system Garden Bond Metropolitan ■" District 2,000,000 cost of about 2.19%. ' supply bonds. Dated Feb. The —- issue an p.m. (EST) on May purchase of. $60,000 Douglas F. $20,000,000 highway bonds as iv2s. Waddell, City Clerk, will receive sealed bids until 7:30 p.m. (EST) A. ■<//: Lot B X."' '■ $150,000 Boston Harbor Facilities on May 28 for the purchase of bonds as 1.70s. $250,000 general obligation road 3,350,000 Metropolitan District improvement bonds. Dated June 1, Scharff & Jones, * 8 the for $25,000,000 Oct. 1 from 1952 to 1975 inclusive. bonds offered on May 14—v. 173, Callable as of Oct. 1, 1954. Inter¬ p. 1933—were awarded to a syn¬ est A-O. Legality approved by dicate headed by the National City Miller, Canfield Paddock & Stone, Bank of New York, at a price of of Detroit. 100.0685, a net interest cost of Bond Lot A Calcasieu-Cameron until bids 24 Common School District No.107 (P. O. .-r Albert Lea)p ptinn~ Bond Offering—Marcus t Nelson, July 1, 1954 District Clerk, will receive sealed bids until 10 a.m. (CST) on May Bond: $90;000 school Volume 173 Number 5013 bonds offered May . . The Commercial and Financial Chronicle . Co., of St. Paul, as 3s, at a price Of par, Purchaser .will furnish printed bonds. The issue matures 'on July 1 from 1952 to 1961 incl. /"y\ * . I •* / ' . Chouteau County High No. Sch. Dist. sealed bids at his office in Raleigh Hamilton County (P. O. Lake Pleasant), N. Y. 15—v. 173, p. 1933—were awarded to Kalman & (2137) Brookfield until 11 a.m. (EST) on May 22 for Bond Sale—The $135,000 build¬ the purchase of - $125,000 school ing and budget bonds offered May bonds. Dated June 1, 1951. Due 17—v, 173, p. 2038—were awarded on June I from 1953 to 1978 inclu¬ Interest J-D, Legality ap¬ to C. J. Devine & Co., of-New sive. York City, as 1.60s, at a price of proved by Mitchell & Pershing, of New-York City. 100.14, a basis of about 1.556%. Bond the Montana ■- Bond Offering*—Haider M. Han¬ sen, District Clerk,, will receive1 Sale Bond / The — Haywood j Kingston, N. Y. - < County (P. ed to 173, a $215,000 hospi¬ bonds offered May 15—v. 173, Columbus, Ohio p. ham, at City Housing Authority, interest New York S antler * County (P. O. New . 'Thompson FaUs), Mont. ; York , ~ and bia "purchase of $1,200,000 auditorium - bonds; second series of 195r. Dated June I, 1951. Due 28* for the Warren Dist. No. 1 Sch. Central (P.O. Richfield 'Springs), N. Y. Jupe. 1K1959; Interest J-D. Legal¬ " Bond Sale—The $11,000 i building approved by" Wood, . King—& 'bonds offered May 15—v. 173, pv 2038—were awarded to the First Dawson, of New York City. ity /:■■ -1 '•// *' //'/■ - ; National ' Springs, HAMPSHIRE NEW v Concord, N. H. — Wallace Jones, City Treasurer, will receive sealed bids until noon (DST) on May 23 for the purchase of $300,notes. Dated May 25, 1951. Due on Nov. 19 and Nov. 26; 1951. 000 - Franklin Exempted Village School for the purchase of $2,- May 22 277,000 bonds, divided $1,975,000 bonds. sewer Due Due June on N. J. Sale—The $132,000 street 1952 from 1 improvement 49,000 Bayonne, June on ,V 1 bonds 173, p. as $45,000 6s. Due 1952 to 2.35s, at a bonds. on 1961 50,000 23/4s. (P. O. No. 2, Interhaven Ave.,. Plainficld, R. D. 3), N. J. T. Prit- Bond Offerings—Walter 1951. April ! from 1952 to 1957 Interest A-O. Legality on inclusive. approved by Hawkins, Delafield & Wood, of New York City. Due * ' i improvement June on bonds from 1 by dated are J-D. Bonds Not Sold The one bid Marshall, York Caldwell, ' ' City. Sale—The improvement 16—v. to 173, as p. 1.90s, at Bond ; . i offered May 16—v. 173, Bankers Trust Co., of New the $285,000 York 2038;—were awarded City, as l%s, at a price of 100.319, a basis of about 1.43%. Albion, N. Sale—The NORTH CAROLINA J Y. $54,500 improvement bonds offered May - 10—v, 173, p. 1934—were awarded to the National Commercial Bank Trust Co., of Albany, & . - at price of 100.052; a about - 1.379%. 1.40s, as basis of a J. Lee \ & Co , Greensboro, jointly, at a net interest price of a cost of , about f Cortlandxntle, . Solon, 3.40%, Virgil, Homery Truxton, Freetown and Taylor Central Sch. Dist. No. 4 (P. O. McGraw), N. Y. - a.m. (EST) on . • March 1 from Due on 1951 to bonds ' bonds offered May 15 were awarded to George B. Gibbons & . and due A-O. , 1 ■'. r ' ' Bond Clerk ■ •' • ; Offering of ' • Gatesville), N.C. on Bill — as 2.40s, Bond Offering. — W. E. Easter¬ 10—v. May Town .a about 2.35%. *" * * " basis of ling, Secretary of the Local Gov¬ ernment Commission, "will receive Sanders; Clerk, will J. Hogan, receive sealed bids until 7:30 p.m. (CST) on May 21 for the purchase of $12,000 im¬ provement and divided follows: J Baltic U * ./ as . extension„ bonds, ' .. . 1 , Ohio , bids Dist. 1951. Due until June Dec. ! from on " 1956 inclusive. - 14 bids until 7:30 p.m. (CST) on May 29 for the purchase of $215,000 improvement bonds, 1952 to \ . „ Ohio Coos v. — 173, p. awarded to Hayden, of Cleveland, as 1743 were — a Sale—The Bond price of awarded a basis of about 2.65%. Local Sch. Clerk the Board of j to Dated Due on April 1 and Legality approved by Peck, Shaf¬ " works Village the 100.23, of of Coos a Bay National Local Sch. Dist., Sale Idleyld — Roseburg), Ore. $10,000 water The Route, , Bond Sale—The system bonds offered May bonds offered 1839—were 1934—were awarded May $400,000 school 11—vi 173, p. awarded to the First Cleveland Corp., of Cleveland, as 2 Y4S, at a price of 100.076, of about 2.24%. a basis to the First i National Bank of Portland, and Toledo, as 3s, at a price of 100.077, | Douglas County State Bank, of Ryan, Sutherland Co., & Roseburg, of about 2.98%. basis par, a Township Local Sch. Dist.' 2.10%, Wayne (P. Sale—The $100,000 build¬ 1934—were awarded Bank 2V2S, at a price of basis of about 2.46%. Douglas County School District No. 12 (P. ,0. Box 270, , ing bonds offered May 10—v. 173, p. im¬ $16,300 of to Ohio Bond " Vandalia, Ohio 11—v. 173, p. a ■ Ore. The of Coos Bay, as noon Williams, of Cincinnati. Lay, — , Oct. 1 from 1952 to 1971 inclusive. fer & to Inc., Co., Sutherland & Co., all as 13/4S, at a price 100.50, a basis of about 1.62%. Education, $80,000 building bonds. April 1, 1951. & Toledo, of Sale offered on provement bonds offered May 14 1743—were —v. 173, p. 1839—were awarded composed of Ryan, Bond of group Bond Braun, Bosworth & Co., Inc., and May 26 for the purchase on a Stranahan,. Harris Dist., will receive sealed bids until (EST) $535,000 street improvement bonds May 15 —v. 173, p. Miller & Co., 2%s, at Dill¬ OREGON Toledo, ing and equipment .bonds offered May 16 serially from Offering —Mozelle Sale—The $120,000 build¬ Bond bohds. sewer ingham, Clerk of the Board of Education, will receive sealed of Education will re¬ sealed / ' Oklahoma *Bond /;0ffering—The Clerk of jBoarii bonds. Pittsburg County Indep. Sch. Dist.. No. 80 (P. O. McAlester), Dist., ibiioll y works Each issue matures purchase of $25,000 school, equipment bonds. Dated June 1, Sch water 5,500 sanitary for the Local Village Sch. Village Strongsville Jan. 1, 1952. on Breed O. CircUville), Sale Bond — The Ohio jointly, at May 14 —v. 173, p. 1934—were as follows: . on 100.33, as a 2Vzs, at ;a - : t April 1 from 160,000 2s. Due on April 1 from 1959 to 1962 inclusive. awarded to J. A. White & Co., Inc., cinnati, of price 1953 to 1958 inclusive. $10,000- im¬ provement bonds offered a net. interest cost of about $240,000 2V4s. Due of Cin¬ ' atjd price.of 100.58, ■ Jones, Okla. Bond" Offering—Bill • Co.,. Inc., New York City, r * the Board of City Sch. Dist., Ohio. Irving Co.,; Doll & Isphording, ceive March 1 from Gclesville School District (P. O. on-"/ in-""" dated are Interest * ing Due 1956 The — hri V/ OHIO 1959 to 1963 inclusive. build- bonds, 1952 price basis of about 2.44%.., of Bond tel, Eugene, Ore. Offering—Henry F, Beis- City ^ J . Canadian County Indep. Sch. Dint. No. 57 (P. O. Union), Okla. • Raleigh May 22 for on purchase of $1,480,000 bond anticipation notes. Dated June 1, Bellville * $40,000 • from " from 1953 to 1958 inclusive. 1954 to 1958 inclusive. 16,000 3s. , Sale—The follows: $10,500 4%s. Due h Bond as Inter¬ ' p. Inc., Bond Offering—H. W. Messmer, of Durham, and the Vance Securities Corp., of par, ..... Peeler The 1951. ings Bank & Trust Co., Weil, Roth & Ohio $26,500 school building bonds offered May 15 —v. 173, p. 2038—were awarded to 1 elusive. cinnati, as 23/4s, at a price of 101.08, a basis of about 2.60%. Beliefontaine Sale---The Oct. Secretary of the Local Govern¬ Commission,- will receive County (P. O. Beaufort), N. C. Bond station; 1960 inclusive. Oct.! - from '» fire on 50,000 judgment &. Co., Cleveland, Provident Sav¬ ment Carteret street Ave. Due --1952 to 1 inclusive, Easterling, 101.076, Bond - 1839—were awarded to a syndicate composed of McDonald ' NEW YORK " offered bonds 173, Ohio ; to the p. B Wilmington, N.C. Y. bonds South bonds. Sale—-The $900,000 series Bond on Note Offering—W. E. Sale—The $370,000 public improvement 46,000 Oct. on 1956 $6,500 price of 100.09, basis of about 1.87%. a Due & Harrison, Walter, Woody & Heimerdinger, and Assel, Kreimer & Co., all of Cin¬ Co., New York a Sale Parma Easterling. the public bonds offered May 2038—were awarded White & D. R. City, Y. $76,000 bonds. .1952 to N.C. May 29 for the anticirpation notes. Dated June 5, 1951 and due on Oct. 5, 1951. until 11 Bond 7,000 special assessment sidewalk Education, $18,000 fire will receive sealed bids until 7:30 building and apparatus bonds of¬ p.m. (CST) on May 21 for the pur¬ chase of $20,000 building and fur¬ fered May 10—v. 173/p. 1839 were awarded Due serially from. to Fox, Reusch & niture bonds. 1953 to 1962 inclusive. Co., of Cincinnati, as 2/4s.• June 1 from sealed bids at his office in ' Spring Valley, N. , Bank & Trust Co., of Closter, for school bonds offered on y- Bond June 1 from purchase of $285,000 bond 1, submitted by the Closter National May 16 was rejected. Due (EST) a.m. ap¬ Trimble & Mitchell, of New District, N. J. — June : Orange Township (P..O. Galena), Ohio / from 1 1 Legality Utica, N. Norwood School on Note Offering;—W. E. II ' street Interest proved chard, District Clerk, will receive sealed bids until 8 p.m. (DST) on May 31 for the purchase of $30,000 school bonds. Dated April 1, 1951. Due Raleigh, Due '1952 to 1956 inclusive. The Sch. Dist. Township June on .1977 to 1981 inclusive. - Brook est J-D. 1969 to 1976 inclusive. 35,000 IV2S. to inclusive. '' ; price of 100.139, a basis of about Green Due from ;i952 to 1956 inclusive. from 1952 to 1963 inclusive. about Local Government improvement Commission, will receive sealed bids at his office in Raleigh until June 1 from sewer 50,000 local 2.32%. . interest cost of follows:' sewer Oct. A on July lr Legality ap¬ by Squire, Sanders & sealed bids until .noon (DST) on Cleveland. June 6 for the purchase of $25,000 Dempsey,. of municipal building bonds of 1951 Dated June 1, 1951. Due on Dec. 1 OKLAHOMA Secretaryof 100,000 local offered on May -15—v. 1933—were awarded to Boland, Saffin & Co., i 2.84%, of price of a net a par, from, 1952 to 1955 inclusive. bonds. bonds. assessment. Due" proved 1965 inclusive; NEW JERSEY as Securities: Corp., Greeqsboro, jointly, at Dec. 1 from 1951 to 1967 incl. Bank, of Manchester, at 1.33% discount. of New York City, awarded Co., of Durham, 2038—were p. Vance and 73,000 highway equipment bonds. National special bonds. Ohio W, Leydeckwill receive Clerk, Village er,- on notes improvement 173, to J. Lee Peeler & 30,000 parking lot bonds. Due on Bond $130,000 water bonds offered May 15 1954 to 1968 inclusive. awarded Due follows: as May 15—v. 173, p. 2037— to the Amoskeag offered were Y. Offering—Irving H. Beck, Director of Finance, will receive sealed bids until 2 p.m. (DST) on June 1 from 1952 to 1976 incl Note Sale—The $1,000,000 • District, Bond Offering—F. Sale—The sewer Bond Manchester, N. H. , Schenectady, N. and re¬ ceive Cleveland), Ohio Bond r vis, Director of Finance, will 30,000 Raeford, N. C. —v. W. Offering Bond .•> • 1.70s, at a price of par. as price a of ' about sealed bids until noon (DST) Beechwold on.June 6. for the purchase of Drainage District, series No. 225 bonds offered the same day; were $223,000 bonds, divided as follows: awarded t<? J, A. White & Co., of $90,000r Special Assessment* paving bonds. Due on Oct. 1 from Cincinnati, as I V2S, at a price of 100.03, a basis of about; 1.49%; 1952 to 1961 inclusive. Bond Sale—The $325,000 build¬ ing bonds offered May 16—v. 173; p. 1934 —' were awarded * to " the Provident Savings Bank & Trust leigh until 11 a.m. (EST), on May Co., of Cincinnati, as 2 V4 s, at a 22 for the purchase of $650,000 price of 100.21, a basis of about school building .bond anticipation 2.229%/;; ; ' notes. Dated June 1, 1951 and due on Dec. f. 1951. /• ■ 1 Mayfield Heights (P. O. Richfield Bank * of !%s, at 'basis Youngstown, Ohio ; basis of about a ' " ." as a 100.65, 1.56%:.;: Suther¬ 1V2S, at Ryan, as of *• East sewers, , • Cincinnati, % The $37,598.87 main trunk storm . . equipment bonds sold to J. A. White & Co., of The — Bond Offering—J. Emerson Da¬ relief Note - ; about 2.16%/ 1.44%. - ' to > 20,000. motor Sbld Toledo, price of 100.06, a ; , . awarded were cost follows: , Notes and land & Co., of , 1 j • .. Offering—Philip J. Cruise, $30,000 2%s. Due on June 1 from Bond Sale—The $120,000 hospi1953 to 1957 inclusive. Chairman, will receive sealed bids tal bonds offered May 14—v. 173; until 11 a.m.' 95,000 2s. Due on June 1' frorri (DST) on May 23 for p. 1933—were awarded to Piper, the 1958 to 1964 inclusive. *; ! purchase of $18,953,000 issue Jaffray & Hopwood, of Minne90,000 21/4s. Due on June 1 from LVI, State guaranteed notes. Dated rapo lis. ,, 1965 to 1970 inclusive. ' June 20, 1951, and due as follows: { ^ c: *-• //. c /. "f :. ; $13,836,000 on Dec. 20, 1951, and Mecklenburg County (P. O. i $5,117,009 on Jan. 21, 1952. Legal¬ '; NEBRASKA : Charlotte), N.C. ity approved by Caldwell, Mar¬ Ommha, N.cb: * Note Offering—W.. E. Easterling, shall, Trimble & Mitchell, of New Boftd: Offering/-^, J. Dinesen, York city.;. ;//. , -;; Secretary of the Local Govern¬ / Jr,j City:Clferie, rWH) receive sealed ment Commission, ^will ' receive bids, until 10*ami.. (GST) on May Richfield,. Otsego,. Exeter, Colum¬ sealed bids at his office in Ra¬ ' - $173,305 street improvement notes offered May 16—v. 173, p. 1934— price of 100.02, a net of about 2.176%, as a to Ryan, Sutherland -& Co.; of Toledo, as 2V4S, at * a price of 100.445, d basis of ... Bonds group Board. 1963 inclusive., Interest M-N. lo 1934— p. ■sold building bonds. Dated June 1, 1951. Due-on. Nov. 1 from 1952 O., 173, follows: as $60,000 first mortgage refuse dis¬ posal plant revenue bonds (EST) noon 000 2038—were award¬ tal composed of Kidder; p. 2038-—were awarded to a group May 28 for the purchase of $150,-i 000 building; bonds; Dated JCuly lr Peabody & Co., Goldman, Sachs & composed of Kirchofer & Arnold Inc„ Raleigh; Vance .1951; Amortization bonds will be Co:, and Estabrook & Co., all of Associates, Corp., of Greenboro, the first choice and serial bonds New York City, as l^s, at a price Securities the second' choice of the School of 100.280, a basis of about 1.449%. and J. Lee Peeler & Co., of Dur¬ 17—v. Education will, re-i June 4 for the purchase of $12,- on May 9—v. awarded were of Bond Sale—The school building bonds offered May sealed bids untir 10 a.m. (MST) on of offered Clerk "<* \ Bond Sale—The $80,000 bonds ~ Offering—The Board Xenia, Ohio Brookfield), Ohio ■ ceive sealed bids until Waynesville), N. C. $1,161,000 O. (P. \ (P. O. Port Benton), 1 Township Local School District 53 Recorder, will receive 54 The Commercial and Financial Chronicle (2138) series E $133,557.28 of purchase Elm 1642 improvement bonds. Bids were re¬ jected at the previous offering on Whitemarsh Street, Bond Sale—The Sale Bond The — im¬ (P. O. 5112 Water District McKenzie Highway, , $357,000 Sale—The gen¬ on were awarded First the to of Bank Eugene, to Blyth & Co., of Port¬ 173, —v. to Philadelphia, of 100.79, & , l3/4s, as at offered May 15 were awarded to John Nuveen & 1962 to 1970 inclusive. City, Clearfield County O. 2%s, at as basis about of 2.66%. (P. O. Sale—The Bond bonds offered 1839 p. United May 10—v. 173, on awarded to the Rollins were — States National of Bank, Portland, as follows: phia, & basis of about 1.62%. a 1969 inclusive. 1 from Due on June 31,000 3s. inclusive, 1974 to 1970 Bond Sale—The 7 the Marion County Sch. Dist. No. 102 Norwood, IV2S, as at a price of 100.05. Salem), Offering District Steiger, ceive sealed (PST) chase until 8 re¬ p.m. for the pur¬ building $53,000 Dated June will Clerk, bids May 31 on of Frances M. — bonds. Due on June 1, 1951. County for the purchase of eral McCulloch, & Shuler 15, bonds sewer May 8.—v. 173, p. 1951. to Due (P. Dec. on by Morgan, from Legality Lewis Township Buena & at Bond Offering—The City Clerk for the purchase of Copeland, of $75,000 general obligation bonds. / $100,000 cost of about 28 6 the for general Fordice, (PST) p.m. purchase obligation July 1, 1951. Due of op on J-J. as of ma¬ are July 1,1962. Interest Legality approved by J. W. Shuler, of Portland. Washington and Multnomah Due Offering—Chas. E. bids until 7 p.m. 28 for the (PDST) purchase of on May school bonds. Dated July 1, 1951. Due on July 1 from 1954 inclusive. Interest to 1967 of to bids $250,000 water system improve¬ 1, bonds, series 1951. bids to follows: as after (1) Due 1961 to be on be turing to after 1966 May 1, maturing callable . (2) of submitted bonds May 1, 1961, and 1966. as bonds be of ma¬ callable Legality ap¬ proved by Chapman & Cutler, of Park ' Cities " - . Water Control ; r and Improvement District No. syndi¬ a Nuhn, May 22 for on extension May D. sealed 2 " (P. O. Dallas 9), Dallas & County, Texas • Bond Offering—E. B. Germany, sive. Alternative bids will be 2.729%, follows: as $137,000 2y4s. Due 1952 to 1956 sidered on June 1 from inclusive. 663,000 2%s. Due 1957 to 1971 on $11,400 to June 1 from Bond Offering—Geo. D. Roberts, until 19 10:30 the for (DST) (EST) a.m. on on of $150,- Bond Offering (CST) purchase of $1,- to 1976 part of June 1 from 1952 on inclusive. The bonds those maturing thereafter in callable are 1964 as on B. W. Wooley, — June 4 for the $650,000 bonds of 1951. Due school pur¬ house Dated June 1, 1951. March 1 from 1952 to 1974 on — The Indep. Sch. Dist., Bond and of June UTAH provement bonds offered May 15 (P. O. Offering —H. receive sealed Fulbright, 173, p. 1935—were awarded to County Judge, will receive sealed a syndicate composed of A. Web¬ bids until 10 a.m. (EST) on June ster Dougherty & Co., Philadel¬ 6 for the purchase of $300,000 phia; Singer, Deane & Scribner, hospital bonds. Dated Feb. 1, 1950 R. C. Schmertz & Co., and George and due on Feb. 1 from 1972 to —v. G. Applegate & Co., all of Pitts¬ as l%s at a 1974 inclusive. price of 100.15, gality basis of about 1.85%. Interest approved Cutler, of by F-A. Le¬ Chapman & Chicago. Sugar Notch, Pa. Bond Borough Offering — Secretary, Neil will sealed bids until 7:30 p.m. on June 1 for the Bond Reilly, receive (DST) purchase of $23,000 funding and improvement Legality bonds. Dated June 1/1951. Due on approved by Winfree, McCulloch, fJune 1 from 1952 to 1959 inclusive. Sfeuler & Sayre, of Portland. 1 Interest J-D. Sale—The improvement April 27 awarded Trust — v. to J. Cobb, bids until 172, able p. street offered 1631 — 1 inclusive. Alternate special was Boise & improvement purchased Co., of by F. T. City. Due serial¬ Legality approved years. Fabian, by Salt Lake Dated March 1, 1951. ly in 10 Clendenin, Moffat & Mabey, of Salt Lake City. Hyde Park Bond land, bonds. sealed (DST) on ment J-D. Vt. McFdr- bids until 7 McAllen, Bond Due May 25 for the purchase bonds. on June Dated 1 June 1, 1951. from 1952 to Legality 1971 approved > Offering—W. until 7:30 L. Peachem, Schupp, (CST) p.m. on May 22 for the purchase of $1,000,000 street from improvement 1, 1951. Due 1952 to 1981 bonds. on June 1966. Interest proved by callable J-D. as Vt. , v "'*" Bond Sale—The $50,000 refund¬ ing bonds offered May 16—-v. 173, p. 2039—were awarded to Kidder, Peabody & Co., of Boston, at a price of 100.166, about 2.17%. a as 2.20s, basis ,of . inclusive. Bonds maturing in 1967 and there¬ are by Texas City Manager, will receive sealed bids re¬ p.m. $89,000 school house improve¬ inclusive. Interest Dist., W. District Treasurer, will ceive of Sch. Town Offering—B. bids on after were June 1952 on Fidelity-Bankers of June Legality WASHINGTON 1, ap¬ McCall, Parkhurst Washington Toll' Bridge Authority (P. O. Olympia)r Wash. & Bond Sale—The Crowe, of Dallas. Co., of Knoxville. 3%% bonds , $134,000 Peter Giuliani, of Montpelier, 1 $25,000 May 28 for the will be considered.on 5-year call¬ 1 Tenn. on from Dated June bonds the (CST). Due 1961 to Tenn. Bond Offering—H. M. Bond Sale—An issue of President of the Board of Trustees, purchase of $110,000 school house Cleveland), / Texas 7:30 p.m. im¬ ; VERMONT Hawkins bonds. $200,000 Crowe, of Dallas.: inclusive. 1, 1963. Interest J-D. Legality ap¬ will Bradley County Sale Bond & are total issue of $2,000,000 a of on gality approved by McCall, Park¬ Texas will receive sealed bids until 7:30 chase callable Spanish Fork, Utah President of the Board of Trustees, p.m. bids be to 1, 1966. Interest M-S. Le¬ agent Corsicana Indep. Sch. Dist., County Judge, will receive sealed bonds con¬ bonds . Tennessee •if non-callable - fee a fiscal as for for hurst inclusive. act and March The successful bid named of County (P. O. Maryville), . . / $6,800,000 Wash¬ ington State System Ferry reve¬ Madison J-J. and Alternative May 14—v. 173, p. awarded Chicago. Taft, $35,000 (CST) sewer Dated Texas A. — receive Chicago. $800,000 school by May 1 from 1952 to 1984 inclusive. Co., Barcus, Kindred & Co., both April 1 from on Etowah, District Clerk, will receive sealed will purchase B. as cate composed of John Nuveen April 1 from on Hillsboro), Ore. Bond 1981 follows: as Scranton, Pa. a 57-67, Jt. (P. O. 1952 to proved by Chapman & Cutler, of burgh, Counties School District No. 7:30t p.m. general obligation bonds. Dated turing in 1962 and thereafter callable 000 Blount and until May Bonds 1, 1951. J-D. Bond Sale—The 1972 inclusive. 1, 1951. Due City Clerk, will receive sealed June 4 for the purchase July 1 from 1952 to 1966 inclusive. net interest a 2.97%, 000.000 school bonds. Dated June $15,000 bonds. the Co., of Co., of Spartanburg, FA' Bond Offering—F. M. Newcom¬ er, Troy), Ore. Clerk, will receive sealed until & Co., of Durham, and $750,000 2%s. Due June i MiJ bids bids Nuveen of par, of Board of Township Greenburgh, Pa. District com¬ Braunfels, Offering Mayor, TENNESSEE Wallowa County Sch. Dist. No. 54 Bond Offering—Thelma 1935— p. 1973 to 1977 inclusive. «>ma O. from 1 Interest for the District. water bonds. (P. com¬ syndicate a John price a (P. O. bids until May 21 for the purchase 31 awarded to 1954 to Commissioners, will receive sealed will receive sealed bids until May $150,000 school Dated June June on New Bond ment May 29 on May ston. works and Texas $1,000,000 Vista), Pa. Bond Offering—J. W. Ore. house bonds. 1935—were Charlotte; O. 15 inclusive. 1976 Secretary Sweet Home, (CST) for the purchase of bonds offered A. M. Law & Elizabeth / * 7:30 p.m. of as approved Vinson, Elkins & Weems, of Hou¬ CAROLINA 16—v. 173, Lee Peeler & offered 1839. of were submitted for the $155,000 general obligation Dodge, & until offered May 250,000 3s. bids 1, bined utility sewer revenue bonds Ore. Sold—No Consoli¬ M. College Station), Texas Gaffney, S. C. $1,000,000 gen¬ approved Bonds Not June approved by Storey, Bond Sale—The Bockius, of Philadelphia. Stan field, Due dated are Palmer obligation bonds. Dated June 1952 Sayre, of Portland. & 10, 1972 and r terest J-D. Winfree, County, A. callable - May Media), Pa. 1 from 1952 to 1961 inclusive. In¬ Legality approved by dated are Chicago, Rauscher, Pierce & District President, ' will receive Chicago; Robinson-Humphrey Co., Co., of Dallas, First of Texas Corp., sealed bids until 8:30 a.m. (CST) Inc., of Atlanta; F. W. Craigie & San Antonio, Moroney, Beissner on May 22 for the purchase of Bond Offering—Hugh GarchinCo., Richmond; G. H. Crawford & & Co., Houston, Russ & Co.;- San $350,000 improvement, bonds of sky, Chief Clerk of the Board of Co., of Columbia; Frost, Read & Antonio, and F. Bert Smith & Co., 1951.,Dated June 1, 1951. Due on Commissioners, will receive sealed Simmons, of Charleston; Interstate of Corpus Christi, at a price of March 1 from 1957 to 1976 inclu¬ bids until 2 p.m. (DST) on May 29 Securities Corp., of Charlotte; J. 100.001, a net interest cost of about Delaware Bond bonds. posed of R. S. Dickson & Co., of Ore. inclusive. Legality 1971. until 2 p.m. Corpus Christi Indep. Sch. Dist., were (P. O. Route 2, Box 339, system Bond Offering—Dr. Charles La- Due May Trust & Bank Interboro of sewer Trustees, will receive sealed bids bonds SOUTH 11—v. 173, p. 1935—were awarded Co., bonds May 10 from on 1981 are $100,000 June 1 from 1952 to 1961 incl. $45,000 general ' V. and of bonds. inclusive. on O'Dell, dated School District (P. O. from 1 Boston. obligation bonds offered to " • June purchase works Brazos inclusive. funding Thorndike, Collingdale, Pa. the revenue improvement on 1961 1951. Legality 1957 inclusive. B. Motte, President of the Board of 84,000 2%s. Due on June 1 from 1958 to Due 1972 to 10, on The price of 100.023, a Due to 200,000 Inc., of Philadel¬ Co., l5/ss, at as $35,000 3y4s. Due on June 1 from 1953 to 1952 to Blair, awarded 2039—were p. public bonds. $100,000 fund¬ ing bonds offered May 16—v. 173, Offering—O. for water June 1 from 1956 to 1970 incl. 150,000 Bond 24 Sale consisted of: Clearfield), Pa. $150,000 school May 10 from on thereafter Co., of New York City Manager, will receive sealed a price of 100.52, bids until 4 p.m. (CST) on May ; Goshen), Ore. Bond Sale—The 93,000 3s. The Arlington, Texas 1 1962 to 1971 inclusive. Le¬ TEXAS $150,000 refunding bonds. Due on (P. May 10'frorh on inclusive. 64,000 2%s. Due Cutler, of Chicago. Sale—The $500,000 bonds PENNSYLVANIA 1 1956. May 1 from inclusive. 1959 Central Falls, R. I. a No. to on Due 1961 to ISLAND Bond inclusive. 1961 to 3%s and 4s. District Feb. 1, on 1952 gality approved by Chapman & 340,000 2Vzs. Due on Dec. 1 from County Union High School 1957 price a $43,000 2V2s. 1951. Those maturing in 1951 Na¬ and due 90,000 bonds. Due of Co., basis of about 1.65%. a RHODE V/2S, as Robinson follows: $30,000 bonds. Dated Feb. 1, 1951 1935—were awarded p. Aspen, $340,000 3s. Due on Dec. 1 from May 5—v. 173, p. 1839— fered were land, at a price of 100.028, a net interest cost of about 2.63%, as of¬ bonds water obligation 10 follows: Springfield), Ore. Bond $680,000 school Monday, May 21, 1951 . June by Dunn & Wills, of Houston, as on $120,000: gregating $88,000 (CST) 19, the "following school bonds ag¬ Lafayette Hill), Pa. Forest May offered awarded McKenzie Highway Lane County, Lane auction at 2 p.m. Township Sch. Dist. (P. O. 32 South Gillinger Road, (P. O. provement bonds offered May 15 bonds tional S Grove), Ore. May 14. eral No. District School Union High County Washington 11 for the sealed bids until June .. County (P. Jackson), Tenn. Bond O. ^ . : Offering—August Navasota Independent School ^^^'^Sdstricty Texas JM^ Sale—An issue of County Judge, will sell at public school house bonds was nue p. bonds offered May 15—v. 173, 1840—were awarded to a $2G0,0G0 dicate* headed by Shields & purchased New York' City, as 3&s,. at a syn¬ do., price ! il Number 5013 v Volume 173 The Commercial^and Financi&bGkmmele . . QTiBQ;a basis of about 3.396%. t h o hields & ng -associated s e Company in the offer- Harris,^Hall & Co., In- are: rporated; Salomon Bros. & Eastman, Dillon & Co.; mblower & Whitewater, Wis. with . arks & Co.; Stern Brothers and irst of Michigan Corporation.- will for 5 the purchase bonds, divided ALBERTA sealed (CST) on June receive bids until 3 p.m. Each 1951 issue is due and April April, 1 on Dominion Securities 1, from 1954 to by Quaries, WEST VIRGINIA inclusive.' 1963 approved Legality Spooner Lines, Co., & and McLeod, Young, ■' United States May on West Virginia(Stoteof) issfte Campbell Comnty (P. O. - Governor, will receive sealed son, Gillette, bids until 1 p.im (EST) on May 23 16 of the for the purchase Of $67,500,000 veterans' bonus, series V, revenue bonds. Dated June 1, 1951. Due on rune 1 from 1952 to 1971 inclusive. vnds maturing in 1962 and there¬ after callable are Interest 1962. roved J-D. 1, Offering rimble & Mitchell, of New York ratified the*.purchase of"$225,000 memorial hospital -bonds. Dated for 1, June 1, the are purchase of Fuel ^ ;• $95,000 payable from —— tobacco oil (Press reports: state ssential -by inflationary and J-D.' Legality by Jan. 1, 1950. Due approved - on the for Fuels Reserve MarchBiisiness Index oh-May 1 its monthly indexes employment and payrolls, etc. month and a bids average 1923-25 ' = ' average Total the1 purchase for 2 uilding „ 179 1209 207 179 245 203 248 245 203 120 ,102 119 120 102 177 169 1180 175 172 69 Total 163 169 159 170 mm 1263 263 207 1263 263 207 173 1198 198 173 233 178 1230 238 178 183 174 1230 —. 183 146 * » 174 145 a .463 487 181 463 487 1291 288 247 1294 291 250 166 147 1164 164 147 384 352 1374 384 1523 509 428 1523 509 428 * 236 197 a 236 197 1163 163 148 1163 163 148 Ill 118 141 111 118 141 127 125 149 127 120 149 —* <■ — —1 -- 1. 1164 — — — chemicals — -----.— ' m-1 ^ —— — ' - — coal to nterest M-S. Legality = and 108 48 89 108 152 1188 185 152 131 119 192 94 83 93 63 1127 — a ore •m— ♦Data not yet available. for construction contracts; 100 for all other IPrelimlnary. Joint Sch. Diet. Without -Seasonal 1950 - Feb.- Adjustment r-1951— Mar. Mar. Livestock 1950 Feb. Forest Ore Mar 173, p. v. o Northern the Trust Co.,: Chi- the Commercial & Sav- ago, and Bank, of Monroe, jointly, as ngs %s, at a price of 100.525, a basis f about 139 112 114 139 204 197 144 134 126 131 116 194 1230 228 268 181 1195 196 177. 1152 153 139 143 123 241 241 134 70 60 39 157 141 134 149 133 127 —. l.c.l. available. not yet 53 48 53 54 46 54 279 IPrelimlnary. 200 • United Stales Savings Bonds Issued and Redeemed Through April 30,1951 "*323 ' ,<275 t305 269 311 278 1313 276 292 1305 334 274 1299 284 268 ; (Dollar amounts in millions—rounded and will not necessarily add to Total nchagricultural 1152.6 152J2 141.2 1151.2 149.9 factory 1161.3 161.3 141.3 1160.9 160.9 141,0 1433.3 429.4 Factory payrolls, total — 139.6 139 129 127 130 119 value 326 274 1284 262 258 285 ♦ 334 290 V value- 349 Series itil 7:30 p.m. for the 7,531 5,817 43.58 4,580 44.30 and minerals Series E-1946—— 4,543 2,187 2,356 51.86 multiply durable Series E-1947-— 4,201 1,741 2,460 Series E-1948 1,584 2,709 three-month moving averages, centered at Series E-1949— 4,216 1,368 2,847 Series E-lSfiO— 3,678 850 2,827 76.86 Indexes to 876 30 846 96.58 65,910 31,267 34,643 52,56 70,913 35,984 34,929 49.26 convert durable manufactures, * nondurable manufactures, by 0.379, nondurable by 9.469, and minerals by 9.152. Construction contract indexes based on second value month, of figures, F. W. shown In data for Dodge 37 Eastern States. Federal Reserve Chart Book To convert multiply total by hospital unicipal 15, "ay rOm 1951. Due of $200,OtfO bonds. on es,~ - Legality Spooner Iwaiikee. —_— —.-mi¬ mos.)_— 15 & by approved = - ; of, Series Without Seasonal, Adjustment SeVies 1950 —1951 1950 262" i_——i— ' '.Open • hearth' Electric . __i: „ 262 252 205 Series F 228 218 175 Series F and 298 281 243 Series F and 217 7 206 180 206 .217 -• - " 879 815 691 679 815 328 243 1334 328 243 1308 307 Series. F and 691 *1334 214 - Transportation equipment Automobiles (inci. ' .1308 parts)-—- 1250 Nonferrous metals and products- Fabricating and • 214 "307" * . ?216 Lumber 3,420 944 2,475 72.37 875 2,876 76.67 631 2,552 80.18 81.46 3,010 G-1949— 558 2,452 422 2,17§ 83.72 242 2,800 92.01 1,672 — 2,599 3,043 G-1946—— G-1947 77.77 74.01 3,183 — 1,207 2,400 ; 128 1,545 92.40 2,348 37 2,311 98.42 344 99.98 5,028 23,137 82.15 —128 189 — .1 : G-1945^ Series F and G-1948— » - ' and 346 843 3,751 (3-1943——-—— 175 l:;ij<2fl> 1,552 Series F and G-1944—— -243 218 S9V: F ahd Mar. .,.905^ 252 > 228 -- .■ Machinery 63.10 67.53 3,243 and G-1941— Feb; Mar. Ma t. Feb; - F Series F and G-1942 - Mar. MANUFACTURES 1 58.56 ' Series F and G: 100) Adjusted for Seasonal Variation, Iron and steel.: — — Total Series A-E-———— (1935-39 average . t250 200 t216 218 , Series F and G-1950— -Series F 201 222 ahd-G-1951 - (4 mos.)- * 344 208 189 262 218 262 t224 222 208 1224 -1—t212 216 197 1212 .216 156 154 147 145. tl42 134 28,165 Total Series F and G 197 1161 133 176 - Clay products 1 ., 1199 Furniture 'Oement' v tlTO 1155 products -Lumber Stone, clay and glass products- Queries, . < without seasonal adjustment, and payrolls Index com¬ Smelting and refining Dated May 1952 to 1971 inclusive. Inter- M-N. 4,293 series E* 195114 $410,269,000, ———- residential by $184,137,000 and all other by $226,132,000. - (GSThow^May purchase 45,70 5,758 points in total index, shofoh in Federal Reserve Chart Book, • 4 5,291 10,338 indexes to Riport, "Wikf^- :;>' will receive -sealed 53.04 6,285 13,348 Steel Clerk, 1,087 3,822 E-1945----——— To 2y*s> A.. Whiting;, 549 3,383 ■.# —.—w- E-1944——r——i—— Pig iron Bend- Offering^M2. 1,636 - —— Series averages. bout 2.209%. ity E-1942 7,206 11,577 E-1941 Series ^Estimated. fPrellmlnary. -—1951-4— price of -100.425,--a basis of 66.44 Series E: Series available. p. t a 5.72 NOTE—-Prodttctldn. carioadlngs, and department store sales Indexes, based on dally 840—were awarded to John Nuas $5,003 Series A-1935 to D-1941——— UNMATURED: 120 1290 — $60,000 school Co., of Chicago, $286 MATURED; INDUSTRIAL PRODUCTION & $4,717 Amt. Issi 333.5 —. piled by Bureau of Labor Statistics, een Outstdg. Redeemed Issued Total Series E- 173, totals) {Amount Outstdg, tAmount ' : Factory employment Index, Sale—The 53 123 137 210 144 49 147 191 1274 67 55 — —-lJ Merchandise, , 44 147 —-- 138 . Percent 1.69%. nds offered May 14—v. Mar. 143 62 products —— Rhinelander, Wis. Bond 1950 Feb. 186 t Amount ' - *Data not fst 1840—were awarded Mar. 114 SeriesE-1943 May 10 Adjustment r-1951— Mai. Feb. 183 217 211 ; Employment-— Bond Sale—The $300,000 school on Without Seasonal 1950 112 __— Miscellaneous 1218° 187 221 13027 (City and County), Wis. uilding bonds offered average = 100) 202 —- — - . 1298 All-other index, shown to- points In total Book, multiply coal by 0.213 and miscellaneous by 0.548. r-—"—" , 271 — Department store stocks, No. indexes 'rV' 150 Coal series. valuer- Department store sales, Monroe * Mar. 232 tsod Freight carioadings of Minneapolis. Barber, 352 89 payrolls; 1234 — Residential approved Dorsey, Colman, Barker, Scott 181 185 —1951— t276 : — Construction contracts, Total y 145 , 40 — —; —— • Adjusted for employment 115&. $80,000 inclusive, 146 .; 1188 — petroleum "■Data —— Nondurable bonds, 1963 1956 72" 67 162 ated June 1, 1951. Due on Sept. from * 1 162 (1935-39 1222 — - Durable Olson, of improvement 72 207 248 NOTE—To convert* cbal and miscellaneous Manufactures— 5 (CST) on May 97 230 1209 Ijl'' INDEXES • production-- Clerk, will receive; sealed p.m. 107 334 * • Coke (P. O. Amery), Wis. 2 * FREIGHT CARLOADINGS for 100 average =100 1935-39 : , Until 248 ' Lincoln and' Clayton Joint ids 97 249 198 follow: year ago, 1939 \ loan.) M 107 * The indexes for March, together with Mar. Offering—C. 167 Seasonal Variation Industrial trict .170 * — —— Metals of; industrial production, factory BUSINESS City of Amery and Towns of :v' 83 176 179 1177. In Federal Reserve Chart WISCONSIN Bond 154 100 * —.—J Bituminous •'V^Tbe Board of Governors of the Federal Reserve System issued —1951 No. ; — -Coal Iron Adjusted for District 160 1101 I ; Anthracite Seasonal Variation School 1159 152 MINERALS - jtraint Committee and for this ili ^be submitted 173 159 consumption Rubber products Jan. 1 from . nonr any 177 1183 — Industrial, h Canadian 'funds. the Voluntary Credit her(e is doubt whether 1180 — T 148 i Rayon Tallmadge & Tallmadge, of Den¬ 1952 to 1970 inclusive. Payable in a as 142 ' hat the bond issue has been dis- pproved 1148 — Paints water . monopoly. 109 160 — Chemicals on tateon which sales the State has 120 * Crude price of .-wines" and liquors sold in 1110 119 Beehive State xicating beer, arid mark-up 148 111 . 128 150 148 products—— Bypjcduct callable aS of June 1, 1961. Inter¬ mains extension debentures. Dated cigarettes «aiid;^fidn4nr on 125 . Coke 1950 general election. The are takes * 1150 '* Gasoline bids until 3 p.m. on May 28 for men turing in 1962 and thereafter - 128 165 — Petroleum and coal products- Fleetwood, City Treasurer, Will receive seaied 1951. Due on-June 1 from Bonds • 97 166 * -products Newsprint , 120 tl6l Paperboard 1971; 152 * 125 Newsprint Lethbridge, Alta. ver. >nds May 98 115 — Printing and publishing Bond Offering—T. H. by the voters of the State at the iov. 7, due 1 24 ity. A constitutional amendment was 3%s, 112 , 350 144 123 1170 — foods- Paper and products $1,- Clifton Gain, $799,900 3%s, due May 1, 1975, and County Clerk, -will receive sealed $5,450,000 3%s, due May 1, 1981. bids until 2 p.m. (MSTLon May est uthorizing the issue 218$00 ap- Marshall, 1936. The p. follows: as — manufactured Cigars — 1952 to 1966 inclusive. Legality Caldwell, by June of as Bond 173, v. is divided 116 119 products- Cigarettes 001,000 3%s, due May 1, 1961; $3,- Wye* , Other referred to in Offering-^-Okey L. Patte- 152 * Tobacco $19,468,000 debentures of the city Bond 144 120 — — food Processed fruits and vegs. Ine» made public offering in the of Milwaukee. 138 390 ♦ * - Other Weir, 174 t374 390 — Meatpacking - 175 350 174 * Wheat flour Gundy & Co., Inc.; A. E. Ames & 138 175 • Manufactured Ripley & Co., Inc.; Wood, riman 173 173 products Shoes Corp.; Smith, Barney & Co.; Har- 194 194 —— —— textiles — and Tanning Corp!; ton dated "Wool Leather syndicate composed of First Bos¬ bonds. sewer consumption 1950 -—1951 1189 tl89 — Seasonal Adjustment 1950 1374 products Rayon deliveries Debentures Publicly Offered—A follows: as and* Cotton Edmonton, Alta. $50,000 of Textiles • 25,000 water works bonds. Pressprich & Co;j Laurence Mi . Clerk, City Seasonal Variation -r-1951— ' ' it"" * Without Adjusted for CANADA Offering—- Lois Gratzig, Bond Weeks; Alex. Brown $25,000 Sons; R. H. Moulton & ,Co.; R. <2139) • 1238 '1-^.1^--^—l~ — f!82 169 156 t, 194 W5"■ 188 192. 182 158 1199 176 236 ,, 194 t227 221 180 * 188 173 151 220 4,717 286 5.72 36,514 57,652 61.22 41,232 57,938 58.42 15? H73 Total unmatured 92 99,169 — Scries—Total matured——— 5,003 94,166 Unclassified aales and redemptions All ' Grand ♦Less total than $500,000. Ilncludes accrued discount. tCurrent redemption Value. 56 The Commercial and Financial Chronicle ' (2140) i* » J »• • * I • . . ' h ' M » J ( X » > ft "You Build and your oivn country's future your ivhen for you save..." BENJAMIN F. FAIRLESS . i President, U. S. Steel Corporation "A free economy, such as ours, is built future security of A merica depends on on the savings of the people. And the the initiative and the growth of every citizen.-We in U. S. Steel encourage our employees to join the Payroll Savings proud that the National Tube Comjmny, one of our subsidithe first of the large industrial companies of the nation in 1950 to Plan, and aries, have we are was than more your own Mr. Fairless is not and expressing a 80% of its employees participating. Remember, country's future ivhen you save." personal opinion, nor is he speaking for other far-seeing executives when he tells that our a man economy is built builds for his on you the savings of the people and and his own country's future when he saves. now hold more men and than 50 billion dollars in U.S. Savings Bonds. $50,000,000,000! Who sold all those bonds of the easy, automatic on save people? The answer to millions is, nobody sold them. 80% of the employees of the National Tube Company . v. 75% of the employees of Carnegie-Illinois Steel Company thousands of employees ©f other U.S. Steel subsidiaries ... ...more than 8 million employees of other companies The U. S. Government does ment not pay men ' buying them and for their future. There appeal. How does are 1 up women an oppor¬ was no %% employee participation in ings Plan match every Payroll Savings Plan. Their employers merely offered these tunity to Actually, Mr. Fairless is merely putting in words the who build for bought U.S. Savings Bonds and month emotional thoughts and action of the millions of, employed women you your pressure, no v your Payroll Sav¬ with the 80% of National Tube, the 75%: of Carnegie-Illinois?*Or, perhaps relatively few large companies that do you are one of the' not have Plan? a In either case, wife or write, Savings Bond Division, U.S. Treasury Department, Suite 700, Washington Bldg., Wash¬ ington, D.C. Your State Director is ready to help you with a package plan-application blanks, promotional material, practical suggestions and all the personal assistance may desire. for this advertising. The Treasury Depart¬ thanks, for their patriotic donation, the G. Al. Basford Company and THE COMMERCIAL AND FINANCIAL CHRONICLE you .. . Monday, May 21, 1951