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■WWaflE.'J.S.'Wl

MAY 221950

BOB. ADM.

AD**-

BUS-

JJ0RA^

LIBRARY

MONDAY

ISSUE

Reg. U. S. Pat. Office

Volume

171

Number 4909

New

York, N. Y., Monday, May 22, 1950

Price

75

Cents

Copy

a

General Corporation and Investment News
RAILROAD

PUBLIC UTILITY

■

INDUSTRIAL

-

INSURANCE

-

Accountants Publishing: Co., Inc., Dallas, Tex.—Stock
Placed Privately—Additional Financing

American Gas Accumulator Co., Elizabeth, N. J.—Ac¬
'

Expected—

The

company

.shares

of

shares

of

early

this

stock

common

6%

month

made

10

(par

cumulative

private

a

cents*

at

non-convertible

40c

offering
stock

of

quisition, Etc.—

4,500

and

share

per

preferred

6,000

at

In This Issue

The company in 1949 purchased 5,539 shares of the
9,740 outstanding
shares of Highway Lighthouse Co. for $161,850. On
Dec. 31, Highway

($10

par

Lighthouse

share) to members of the National Society of Public Accountants
only.
In fact, ownership of the common stock of the corporation is
restricted to members of the National
Society of Public Accountants
per

and

the

is

same

true

of

the

first

for

Stock and Bond Quotations

be

made

This

sometime

will

within

be

not

1881.

p.

about

subject

to

New York

Oper.

Utility

$53,289

$208,002

taxes-

50,519

45,779

'179,199

$8,446

$7,511

$28,803

$15,383

(net)____

income

(Bonds)

670

488

3,323

8,110

$180,189

Philadelphia-Baltimore

income

Income

deducts.

Net

(net)_

$32,126

1,230

5,263

$18,338
$1.30

845.

P.

-v*-

E.

Stockton, President, died of a
at Hackensack
Hospital, Hackensack, N. J.
V. 170, p. 1490.

heart
He

*

on

57

May

11
old.—

years

Stock and

Bond

American
The

on

Cities Power &

holders

of

class

B

stock

should

tion

of

the

hearing
plan

be

not

34

in

the

to

be

connection
Central

valid

State and City Bond Offerings.

fair

to

proposed

Corp.,

the

stockholders.

amended

parent

jroreign

The

convertible

preferred
share

one

stock,

for each

series

B

of over
White, Weld & Co.

100

group

investment

firms

Reserve

I960

new

Into

common

preferred stock
stock

common

stock,

at

taking the

PROCEEDS—Proceeds
corporate

Among

convertible

the

from

projects

at

headed

the

stock

time prior to July 1,
price of $72 per share of

sale

capital

at

will

$100
be

share.

per

available

expenditures

for

'

for

new

the

acrylonitrile

; ■,'■■■.

BUSINESS—The
In

and

and its subsidiaries

purchase

and

sale

of

a

are

engaged

COMPARATIVE

1985.

^Subsidiaries

The proceeds

Operating
Oper.

revenues

exps.

____

taxes__

and

Operating income
Transportation, gas and
»

water

With

171, p. 1781.

"Indiana

operating
service

to

"When
Creek
rank

The

the

Electric

in

the

1,100,000

second

located

the

end

unit

is

Ohio

most

add

capacity
of

Co;,"
G.

the

said

&

E.

in

completed

the

on

will

A.

customers

world's

plant

generating

"Since
or

the

plant,

the

Michigan

over

among

stations.
to

&

companies

American

war.

seven

in

River

our

A.

G.

and

Sporn,

System

that

Electric

Co.

of

one

steam-electric
or

400,000

—

Deducts, (net)

have

capacity.
As a
3,000,000 kilowatts.

Bai.

earned

for

stocks

mon

Divs.

on

connecting

000,000




it

with
-

the

permanent

former

■'

or

com¬

of

name

Co., Spokane, Wash.—Files—

capital
to

letter

a

be

stock

for

of

notification
be

to

property

offered

with

the

25

cents

at

development.

No

stocks-

com.

2,768,347

33,598,124

32,683,535
82,184

1,328,358

801;'::
75,500

6,563
1,230,539

(&

1950—3 Mos.—1949

$6,151,635

2,754,904

2,844,649

34,835,226

34,094,077

1,006,401

11,766,166

12,478,539

,

Subs.)—Earnings
1950—12 Mos.—1949

$5,948,979

$26,039,841 $24,728,957
4,190,883
17,731,839
16,707,420

4,341,499

$1,758,096

$8,308,002

$8,021,537

1,297,612

5,378,405

5,067,341

$457,433

$460,484

$2,929,597

$2,954,196

4,571

104,999

$465,055

$3,034,596

int.

net

to

income
invests.

subs

>457,433

•

Consol. net Income

Earnings
—V.

per

share

common

net

Co.

1,838,248

1,694,396

23,069,060
19,858,550

21,615.537
12,240,996

in¬

inc.
of

♦1,022,347

143,851

Fed.

and

3,210,511

come

Divs.

on

ent

922,559
$2,378,382

$0.10

$0.82

$0.10
r

,

shareholders

$0.88

.

V r.

143,851
1,767,368

3,210,511
20,265,180

9,374,541
13,295,851

in¬

thorized

1950.

common

stock

The

into

715,550 outstanding

shares, par value
shares, par value $6.25.
Au¬
to 3,000,000 shares in order

1,431,100

wlll.be

increased

existing ratio of issued

to

authorized

shares.—V.

1781.

1,911,219

23,475,691

22,670,393

229,105
Cr73,435

209,728

2,092,537

The securities would

be offered for sale at competitive
bidding, and
be applied to (a) redemption on August
1, 1950,
plus dividend accruals, of all the 47,609 shares of
outstanding $7 preferred and 45,891 shares of outstanding $6
pre¬
ferred; (b) the prepayment of $5,000,000 of 2% Serial Notes held
by
the

tax

(adjusted)—

proceeds would

$110 per share

Crl7,996

Crll9,412

1,719,487
60,017

1,589,162

1,659,469

Bank

and

Trust

Company;

and

(c)

the

carrying

$194,408

1,649,180

Hanover

1,828,330

60,017

—

forward of the company's construction

program.-

We Want Offerings for Retail Distribution
21,502,566 $20,647,654

(par¬

co.)

720,209

720,209

Edward D.Jones & Co.
6ystem

earns, for com.

Earnings

ceived
mated
—V.

as

stk.

share

TOn

p.

by

income

1985.

4,482,737

$4.17

undistributed

dividends

Federal

171,

Established

20,782,357 $19,927,444
4,980,818

per

171,

Arkansas Power & Light Co.—Plans
Financing—

Central

1,804,849

pfd. stk.

May 15 took action to effect a- two-for-one
stock, which it is. contemplated will become ef¬

on

common

$12.50, will be changed

9,374,541

un¬

net

subs

inc.

827,329

$2,207,267

company on May 17 applied to the SEC for authorization to
Issue and sell 155,000 shares of preferred stock and
$6,000,000 of first
mortgage bonds, series due 1980.

•1,022,847
2,827,696

co.)

tEst.

201,424
$263,631

.

The

Exps. and deducts. (par¬
ent

346,745

on

6hs. i,,;

fective about June 1,

p.

.;vv,V'.1;.i

and

co

distributed
come

:

$3,300,941

Anchor Hocking Glass Corp.—Stock
Split-Up—
split of the

1,769,948
2,792,796

subsidiaries

above)

Total

>183,190

$274,243

.

170, p. 2221.

The

subs, consol.—

(as

per

$1,810,136

Co., Inc

•

American Gas and
Electric

SEC

under¬

American Water Works

2,687,010

(owned

Undistributed

completed

82-mile 132,000system, is around $35,an

company's

in

.

preferred

1,352,703

(excl.

to maintain the

•Loss.

including

of

are

Total

com¬

by A. G. & E. Co.)_

generating
horsepower

1,270,000 kilowatts of steam-electric generat¬
result, by 1952 the system capacity will exceed

"The estimated cost of Tanners
Creek,
volt transmission line

printed

or

and pfd.

Adjusted consol.
companies

purchase

beginning May 25,
only

■■■-'/■'

Income from subs, soid.

150,887,997 149,193,665
117,289,872 116,510,130

984,956

Income

begun construction of

ing

-

Consol. system net In¬

system.
E.

9,982,589

$

electric

states.

kilowatts

&

12,750,936

$

67,289

six

"is

supply

October, 1952, the Tanners
at Lawrenceburg,
Ind., will

economical

300,000

of

Mr.

Gas

the

filed

1

cos.)

in

1950—12 Mos.—1949

at

first 150,000 kilowatt unit of the
Tanners Creek steamplant scheduled for completion in February, 1951,
Michigan Electric Co. has authorized construction of a
150,000-kilowatt unit, according
to
an
announcement
made
of

stock

divs. to par¬

2,704,472

&

President

13,717,040
11,030,030

income

Gross

generating

May 17 by Philip Sporn,

proceeds

deducts

Combined

Undistributed net income

the

second

May

on

and taxes__

and pfd.

ACCOUNT

$

Vw;* 605

Income, parent

electric

INCOME

$

(net)

American Gas & Electric Co.—Unit to
Expand—> :

Indiana

bearing

that

made

Exps., taxes and int. of

Financing—

to be used to retire term loans.—V.

are

Oper. exps.

45

1950—Month—1949

consol.—

consolidated

The company, it is announced,
arranged in 1949 for the private
sale of $7,000,000 3%% debentures, due
1964, to John Hancock Mutual
jLife Insurance Co.
Of this total, $372,000 matures in
1950.

-

be

may

V,.'i:;
engraved

either

revenues

applic.
Period End. Mar. 31—
>

,;•«

primarily
p.

certificates

The

Operating

ent

come of

American Factors, Ltd.—Private

of

widely diversified line of

chemical, pharmaceutical and other allied products.—V. 171,

holding

Period End. Mar. 31—

.

and
-

company

manufacture,

stock

■'■•

writer.

general

plants

contemplated are further expansion of
facilities for the development and
production of pharmaceutical prod¬
ucts (including extensions to its
plants for the production of aureomyein and animal protein factor) and the construction of additional
capacity for manufacturing oi! cracking
■■'.•other chemicals.

executives'

an

Exchange has directed

common
■

covering 100,000 shares

Inc.

Other

-

now

catalysts,

approved

American Water Works Co., Inc.

System

by

any

conversion

preferred

including

purposes,

facilities.

is

Stock

of

Operating income

.

The

April 26

(par

common
stock held of record on May
16, 1950.
The
subscription rights will expire at 3 p.m. (EDT) June 2,
1950. The offering is being underwritten
by a nation¬

wide

York

company

share.

45

————

Statement of Member Banks

Federal

shares of

seven

Highway Lighthouse stock and
bank borrowings by $1,184,000

45

Reserve Banks

American Cyanamid Co.—Offering of Preferred Stock
.to Common Stockholders Underwritten—The company is
offering to the holders of its common stock rights to sub¬
scribe at $102 per share for 498,849 shares of
3%%

cumulative

New

The

12

~j

Kates

fcxenange

Condition

$100) at the rate of

on

American Silver Mining

44

.

Combined Condition Statement of Federal

170,

635.

p.

of

increased

Subsequently

Amer¬
stockholders holding printed certificates
issued by American Natural Gas Co.
may exchange all 3uch certificates
■for new engraved certificates of American
Natural Gas Co.
7
To make the exchange, the company announces, stockholders should
send
their old preferred or common
stock
certificates by registered
mail
to
the transfer agent,
National
City Bank of New York, 20
Exchange Place, New York 15, N. Y.—V. 171, p. 1881.

51

Clearings—

Dividends Declared and Payable

reorganization

company.—V.

purchase

ican Light & Traction Co. and

Redemption Calls and Sinking Fund Notices_45

at

and

the

Electric

stockholders

stock

mon

Averages

The Course of Bank

recently advised to show cause
Richmond, Va., why an order
the proposed liquidation and dissolu¬

with

States

the

company

$1,544,000.

Stockholders

Miscellaneous Features

were

declaring

company

is

for

entered

of

cost of $1,022,574.

a

with

General Corporation & Investment News_Cover

Light Corp.—Hearing—

May 19 in the U. S. District Court

year at

next, deliveries
certificates. 1

34

American Chicle Co.—New President—

■

245,000 shares.

American Natural Gas Co.—Permanent Certificates—

(Dow, Jones)—,__33
National Quotation Industrial Stock Averages.33

Philip L. Becker, formerly Vice-President was recently elected Presi¬
dent to succeed Thomas H.
Blodgett, who continues as Chairman of
the Board.—V. 170, p. 1797.

by
making

Lighthouse,

the

The

43

Transactions New York Curb Exchange

stock

Highway

reduced

American Home Products Corp.—Stock Purchase Plan

42

Stock Exchange

stock

common

the

shares, the

total

The

40

-

common

later

plan, adopted by the directors on Jan. 9, under which not more than
38,850 shares of capital stock were offered lor sale to selected officers
and key
executives of the company and its subsidiaries.—V.
170,
p. 2014. .
;
'

-39

-

by

of

shares,

bank loans were reduced by
$750,000. There are pledged as collateral
loan, 152,000 shares of Elastic Stop Nut Corp. of
America, and
the 112,620 shares of the company's stock in the
treasury.
for

38

:

shares

authorized

$794,000 to yeaT end total of

37

Exchange

2%
The

its

connection

a

37

Exchange

Transactions New York

attack

was

Stock

the

own

—37

_.

of

270,650

transaction, the company received 15,232 common
holding of Highway Lighthouse. These shares are held
treasury together with 97,388 shares which were purchased

to

35

Exchange

of

for

its

36

Stock

part

In

34

Montreal Curb Exchange
Toronto Stock Exchange
:
Toronto Stock Exchange—Curb Section.
Over-the-Counter Markets

American Cable & Radio Corp.—Obituary—
Kenneth

Francisco

Montreal Stock

5,155

$26,863

$6,768 '

share

common

$23,493

$1.91

$7,537

per

171,

$7,998

1,579

income

Earnings
—V.

$9,116

in

____-___34

-

issuance

26,900 shares to
25.650 shares owned

of

during the

34

Pittsburgh Stock Exchange
San

Gross

As

shares

29
_

by

Highway Lighthouse.

authorized common

25

Los Angeles Stock Exchange
Midwest Stock Exchange

164,806

income-

oper.

Exchange

Detroit Stock Exchange

1950—12 Mos.—1949

$58,966

and

exps.

Other

1950—3 Mos.—1949

revenues

Stock

of

by

1

13

Cincinnati Stock Exchange

Allied Gas Co.—Earnings—
Period End. Mar. 31—

(Stocks)

New York Curb Exchange
Boston Stock Exchange.

:\V

Operating

Exchange

New York

30 days, it was announced on
May 9.
registration under the SEC.—V. 171,

Stock

merged

was

share

increased

retirement

Page

company is further increasing its capitalization by authorizing
additional $50,000 of $10 par preferred
stock, which offering will

each

was

offering of preferred stock.

The
an

MISCELLANEOUS

-

net

parent

taxes

on

income

of

subs,

expected

$4.45

to

be

re¬

^Restated to include esti¬
undistributed earnings of subsidiaries.

company.

1871

300 North 4th St., St. Louis 2, Missouri
Members
Hew York Stock

Exchange
Exchange
Chicago Board of Trade
Near York Curb Exchange
(Associate)
Midwest Stock

Phone

CEntral 7600
Bell Teletype
SL

593

The Commercial and Financial Chronicle
2

.

.

Monday, May 22,

.

(2094)

Operating

revenues

Oper. exps. and taxes—

$5,367,313

$6,357,257

$524,536

$513,224

Net oper. revenuesfor lease of plant

,

Bent

(net)

329,277

348,838

27,520

28,970

——

'*

$5), of which on March 31,
1950, there were issued and outstanding an aggregate of 1,953,550
shares, exclusive of 16,542 ^shares held in the treasury.
As of such
date, there were also outstanding option warrants to purchase without
limit as to time an aggregate of 1,924,011 shares of common stock at
the price of $25 per share. *
i;1. ;
7' ,v ■
'<'■•'* V
7,000,000

1950—Month—1949
1950—12 Mos.—1949
$2,272,066
$2,164,590 $27,401,895 $24,875,999
1,758,342
1,640,054 21,044,638
19,508,686

—-

shares

of

stock

common

$484,254

underwriters

UNDERWRITERS—The

$5,038,036
32,295

$6,008,419
36,617

$497,016

Dr 1,624

Operating incomeincome———

1,104

Other

names:

$482,630

$498,120

$6,045,036

$5,070,331

138,966

130,912

1,592,184

1,372,545

"

income———4

1

4,000

Hutton

E.

Merrill

Industries, Inc.—Proposed New Name-

—V.

&

Fixed

Offering—
business on
the New York Stock Exchange on May 18 made a sec¬
ondary offering of 21,022 shares of common stock (par $1)
at $25.25 per share, with a dealers' discount of 45 cents
per share.—V. 171, p. 1985.
Oil

Ashland

Co.—Secondary

Refining

&

Sales

from
and

Profit

before

Federal

Net

of

Number

—V.

.

:

Net

—

profit

—V.

bonds

Bank of Columbus, Ohio, is trustee,
callable on 30 days' notice as a whole

are

bonds

to

first

sales

Cost

of

Gross

the bonds will
$140,000 notes
payable to banks; (b) to reimburse the company's treasury for expen¬
ditures made for fixed assets purchased since Dec. 31, 1949, and (c)
additional

net proceeds derived from the sale of
following purposes: (a) retirement of

the

Other

4,501,614

expenses

for the company.

working capital

Total

of

sales

Operating

1948

1947

$2,594,598

$3,222,283

$2,076,623

2,293,364

2,899,213

1,851,557

194,015

—

-

144,900

100,155

—

expenses

;

Income

$107,219

__

deductions

5,070

(net)—

$2,034,331
171,750
725,000

—

...

Federal

for

income

per

tax__

both

Provision

for

—V.

p.

171,

Awful

chgd.

deprec.

to

before

.Income

Interest

interest

expense

taxes

i

expense—

$1,078,787
$0.14

income

445,725

—-

3.443

Changed—

and Par

MacFarlane—Name

income

Net

$109,656

$57,301

about

the business of

to

successor

Ohio

In

Dec.

on

Boden Co.,

Hewitt &

a

1905.

During 1946, the company acquired all of the assets of
The Malta Manufacturing Co., which was organized in Ohio on March
13, 1900. The latter was the successor to the business of a partnership
about

formed

1889.

approximately 25 millwork (sash and door) jobbers in the
of the Mississippi River except Alabama, Mississippi, Flor¬
and Louisiana.
In addition, the company sells lumber,
millwork and building materials at wholesale to lumber and building
material dealers within
a
radius of
approximately 150 miles from
Athens, Ohio, and Charleston, W. Va. The company has a manufac¬
turing plant at Malta, Ohio, a warehouse at Athens, Ohio and a ware¬
house at Charleston (Dunbar), W. Va.
•
east

Georgia

CAPITAL STOCK—The authorized capital stock of the company con¬
sists of

which

2,500

shares

shares

1,358

stock

common

of

issued

are

(without

standing.—-V. 171,

cumulative

5%

outstanding

and

value)

par

stock

preferred

all

which

of

(par

$100)

of

1,500 shares of
issued and out¬

and

May

on

are

filed

8

The

ICC

April

on

stock,

of

0.60

Hart

Each

share

a

0.85

share
of

a

■'

directors

May

on

'77'- ''

■■'

18,

declared

1950

operative

the

company's

dated May 12, 1950, providing for the ex¬
change of. its first consolidated mortgage 4% bonds, due July 1, 1952,
for new general mortgage 4% bonds, scries; A, due March 1, 1980 (bear¬
ing interest at the rate of 4V2% per annum from March 1, 1950 to
Sept. 1, 1952).
The creation of the new general mortgage has been
approved by the stockholders, and the directors have approved the
issuance

subject

the

of

to

series

A

authorization

bonds.

the

by

The

"modified

Interstate

the issuance 6f the series A bonds.

offer

the

new

and

each

share

share

common

170,

Union

Co.

"

'

v

at

ors

Gas

of May 18, 1930, assents had been received from over 600 bond¬
holders with aggregate holdings in
excess of
$15,250,000 principal
of

first

consolidated

The modified offer

mortgage bonds due

Bondholders

r

who

have

assented

to

the

offer

1952,

and

Sales,

v

returns, allowances and
Cost of sales, excl. of depreciation

Selling, general
Depreciation

Operating
Other

bondholders

Total

plant.

expenses—

Offered
Halsey,
of investment bankers
$8,000,000 of first mortgage

redeem able

at

Bonds

—

the

100%.

to

—

bids

received,

Beane,

also

101.709;

option of the company at pi ices
the sinking fund the bonds are

For

prices varying from
for

103%

3s.

100%.

to

Merrill

were:

Ripley &

Harriman

the sale of

preferred

from

the

Co.

Merle-Smith;

Bros.

will

used

be

Otis

members

Co.

&

(Inc.);

Net
-V.

—

——

also

V.

letter

of

notification

between June

according

to

C.

McD.

May 15 publicly offered 100,000
(par $5) and option warrants t6
purchase 100,000 shares of the corporation's common
stock. The stock was priced at $24.25
per share and the
warrants were priced at $5.06 per warrant to
purchase
on

stock

share.

The warrants represent the
right to
(without limit as to time, common stock at

purchase,

$25 per share.

were

closed the following day.

^The stock

and warrants offered constituted part of the
holdings of
Howard, who, after the sale, will continue to be the owner

George H
•of

a

substantial number

of

shares

and

warrants.

$388,180

;

—,

$40 par value cumulative

,

the

by

clos®d-end, nondiversified management invest¬
ment company registered under the Investment Company Act of 1940.
^f^afi,0o^aTrCUo3h 1950' totale4 $60,764,539 and included $38,102,739
vlJSSL f! w' * :ref8urK bms' Net value 01 assets applicable to the
('
was $59,620,521, equal to $30.52 a share

?ueut8tanding blares 01




common

stock,

retire

to

its

in

Late

the company ex¬

1.950

the

of

offering

group

Dick

are:

W. Pressprich & Co.; Salomon.
Thomas & Co. and Walter Stokes
»

filed

was

with

SEC

the

15,

May

on

covernig

8

each $1,000 to have attached

debentures,

1951 and Aug.

15,

war-,

from $4.25 to $4.75 per
Morton Seidel & Co.,'

1952.

for

are

letter

of

notification

shares

of

filed

was

stock

common

with

(par

SEC

the

be

to

$5)

May

on

offered

covering-

10

certain

to

em-,

ployees of the company at $33 per share, the offer to expire on June 9,
1950.
The proceeds are to used for working capital.—V. 170, p. 1291.

.

$237,178

—

">

Bush

/

1,157
85,000

t

$134,088

Terminal

the

sole

capital

H

Co.—Special Stockholders' Meeting—.

A

special stockholders' meeting will be held June 9 to vote on a pro¬
posal to broaden the purposes and powers of the company and to"
permit investment of funds in the stocks of other companies. " Under •
-

the

•

Steel Foundry

&

Machine Co.—Earnings-

present

1182.

p..
'

•

articles
to

incorporation

of

certain

v

*

/■%;/;-%
'

securities,

the

is-limited

company

its*

in

in general, of very low yield.—V. 170,

■

"

•

7";V;7:'
1

j

——

:

-

after charges-and taxes—
per

Unfilled

1—-

share—.

orders

$2,254,459

as

at

of

___

March

Dec.

31,

31,
1949,

1950.—V.

'

1950

%

1949 "

V

*

■

■

1

34,052
$0.17

134,771
$0,67

v

1950 were $4,112,780 as compared
increase of $1,858,321 for the

an

171,

p.

1581,

;

The
for

the

June

Boise Water Corp.—Preferred Stock Offered—Wegner

shares of 5%
share). This
resident in the State of

& Daly Corp. in April publicly offered 5,000
cumulative preferred stock at par ($100 per

offering is limited to persons

V;:';-

an Idaho corporation, organized in
1928 for tho
properties of the former Boise
Boise, Idaho, and its environs with water.
Among
the assets acquired were all of the outstanding securities of Natatorium
Co. (Idaho), serving naturkl hot'water to a limited portion of Boise.
In
1942, it acquired all of the securities of Kellogg Power & Water Co.,serving'Kellogg arid Smelterville, Idaho, and the-Kellogg Company-in
1945 acquired the distribution system at Osbnrn, Idaho, a contiguous

CORPORATION—Is

purpose
Water

of

•

a

acquiring the business and

-

acquiring all of the water properties now
operated by California Oregon Power Co. (See also General
purpose

Corp.

'»

:

*.

-1 ;• r'

•'

and

1980.

It

that

said

are

to

proposes

it

advise

would

spread

sell

■

price promptly

the

issue

would

be

used

finance

to

California-Pacific
Co.

Utilities

Co.

in

the

the

acqui¬
completion, extension or
the application states.—

■7;7'77Y7'7"-/77;

171, p. 1986."

California

after

"

opened.
of

bonds at :■ competitive bidding
Commission of the price to the

offering

of
property and the construction,
improvement of the company's r facilities,

?

*'

the

the

and

sition
v.

'

Approval—

—

part

'%7'77v: 7,7;

1

Stock

Sold

—

First

April 25 publicly offered 9,300 shares
of common stock (par $20) at $32 per share. The issuewas oversubscribed.
:
7,
on

.

Co.; serving

of

in V. 171, p. 1993.)

-

The corporation is controlled b"
ownership of all its issued and outstanding

owned and.

Waterworks
,

;

PROCEEDS—The

„

:';.-ough
commoh capital stocSl»

net

will be used

pay

and

program
V

PLANS

n iw

a

new

to

in

sell

series

proceeds

of

will

be

added

to

treasury

funds

in part the costs of the company's expansion

progress.

PRIVATE

will issue and
of

-•Negotiations have been concluded to purchase all of the securities of
California corporation and an Oregon corporation to be formed for

the

'

company is seeking Federal -Pow^r -Commission authorization
issuance of $2,000,000 of first mortgage bonds, to be due

1,

dompany, interest rate,
bids

'

Idaho.

''

California Electric Power Co.—Seeks FPC

$2,714,592

$1,726,761

.'7

••
_

'

Three Months Ended March 31—

t

/

company

Bulova Watch Co., Inc.—With With SEC—
A

$220,245

1.002

150.000

community.

*

security oi the corporation.

ob¬

Angeles, have been named as underwriters.
The proceeds
working capital and expansion.—V. 171, p. 1562.

18,075

taxes.—

!
2222.

p.

quarter ended March 31,

Atlas Corp.—Secondary
Offering Completed—An un¬
derwriting group headed jointly by Goldman, Sachs & Co.

"The books

Co.

funds

with

Los

1949

Proceeds

one

Cor¬

&

171, p. 1986.

$300,000 of series A 5%

investment

with

common

Fen¬

Boston

Moseley

Budget Finance Plan, Los Angeles, Calif.—Files—

share

8,608

—

income

income

170,

Birdsboro

the

and Lehman Brothers

Pierce,

First

S.

R.

& Hutzler; E. M. Newton & Co.;

& Co.—See

$202,170

—-

,——-——

for Federal

Net profit

shares of

Lynch,

and

together

financing,

shares oi 5'/

186,341

stock,

UNDERWRITERS—Other
&

171, p. 1986.

$379,572

profit

income

Earnings

1950,

underwriter.

"

accept the offer are requested to forward their bonds to
Farmers Trust Co., agent, 22 William St,. New York -15,
new general
mortgage bonds, series A, will be issued - as
•promptly as possible after authorization by the ICC, whose decision in

31,

No

group

mercial, industrial and other purposes.

$4,971,523
$4,881,950
3,942,9944,007,401
596,903
627,319'
52,054
45,060

—

deductions

Provision

who

The

hoped for about May
Davis, President,—V. 171, p. 1985,

171,

to obtain natural
gas
from. Transcontinental Gas Pipe Line
Corporation at which time Brooklyn Union will distribute mixed gas. 1

A

discounts--

administrative

and

income

N.

is

pre¬

pects

9,090

>

to

matter

first

0.66.—V.

of

principal business of Brooklyn Union Gas consists
of the manufacture, distribution'and sale of gas for residential, com-,

7'7

1950

less

City Bank
Y.

of series E

COMPANY—The

Belding Hemingway Co., Inc.—Earnings—

Sales

wish

pre¬

instead

outstanding bank loans totaling $14,625,000, and for construction.

Privately

of

exchange will remain open at least until the
close of business on June 1, 1950, but may be-terminated on that date
pr at any time thereafter.
■
■
■
t
now

first

A

stock

share

The proceeds will be used

processing

Co.
a

offered

19

106%

at

tained from

price not less than 101.

a

proceeds are to be used to pay for expansion.—V.

Other

v

As

amount

each

instead

sharei.

per

Inc. heads

are

from

convertible

■

i$100

par

decorating and

PROCEEDS—Proceeds

to issue $2,000,000 of 30-year 2%% first mortgage
bonds due 1980 to not more than two institutional invest¬

exchange" is
Commission of

:

v

series

common

of series
of a
common
share instead
of 0.84,
of series D preferred stock. 1.05 new

0.94;

new

of

share

of

of

Commerce
'

budgeted

pany

Three Months Ended March 31—

modified offer of exchange,

se¬

connec¬

1986.

(jointly1, 101.889; BJyth & Co. and F.
(jointly), 100.58; and Lehman Brothers, 101.5999.

has authorized the com¬

—The Maine P. U. Commission

clared Operative—
The

the

or

subsidiaries'
p.

by the company:

rants to purchase 25 shares of class B stock at

-Modified Exchange Offer De-

purchase

properties; to pay a,
Waterworks Corp.,
and

poration

18,

\

The

Atlantic Coast Line RR.-

5%

of

recently elected President to succeed J. K. Morrison,
p. 299.

was

bonds

&

ner

kR.—Bonds Extended—

Bangor Hydro-Electric Co.—To Place Bonds

at

on-May

Other

(par $25)

,

i

of

each

ceramics

a

ranging

of

letter

a

•

1882.

p.

,f ':r

authorized the company to submit to bond¬
holders a plan to extend the maturity date of the consolidated refund¬
ing 4%
bonds, due July 1, 1951, to July 1, 1976, and the collateral
4%
bonds due July 1, 1951, to July 1, 1961. with interest rates of
both bonds increased to 4Vss%.—V. 171, p. 1882.
:
»
i

through
states

1062.

covering 11,000 shares of class A stock

Bangor & Aroostook

Company is engaged in the manufacture of window and door frames
and miscellaneous items of millwork which are sold and distributed

ida,

165, p.

notification with the
to be issued at
par, and 200 shares of common stock
(par $100).
The proceeds are
to
be used to buy and build additional stores.
No underwriting in¬
volved.
%
.v 7 ■>
corporation

the

General

to

follows:

instead

be offered

to

The

SEC

for

Oregon Corporation, formed in

an

proposed

as

and

stock,

redeemable

1927 and was the
partnership formed

23,

share.—V.

per

$80,835
The

COMPANY—Incorporated

$1

to

par

shares

5,000

bonds* 3% series due 1980, at 103% plus accrued interest.
The group was awarded the issue at competitive sale on
May 17 on a bid of 102.3991%.

B-Thrifty, Inc., Miami, Fla.—Files With SEC—

-i

stock

common

owing

0.65

Brooklyn

50,895

no

the

of

RR.—Modified Plan Approved—

receive

share,

shares

which

company's name was changed on June 22. 1949, to MacFarlane's
Candies and the par value of the common stock was changed from

$135,173

4,448
69,136

its

California-Oregon water

as

a

Stuart &

10,252 i

$183,240

$99,806
5,614
36,890

•.»

——

income

on

of

to

Brighton Mills, Inc.—New President—

The

Federal

of
and

of

changes

deceased.—V.

461.

Fresh

sale

to the

proceeds

note

preferred

build

970,000

$1,137,581
$0.15
514,010

share.——:

common

the

$2,043,787

income

Earned

$124,911

$178,170

Z)r7,413

operating income

of

H. R.

1949
-

114,783

YEARS
Net

and

corporation

The company on May 12 filed a letter of notification with the SEC
covering 500 shares of preferred stock and 100 shares of common stock,

$1,934,004

income

Provision

(net)

1,799,676

——

—

to
(

the

(Sidney N.) Bremer Industries, Inc., Marietta, Ga.—•
Files With Securities and Exchange Commission—

3,914,012

_____—234,655

profit

income

Income

CONDENSED STATEMENT OF INCOME FOR CALENDAR

Net

admin,

and

investor

of

at par, or $300,000 and by applica¬

1382.

p.

1949
$37,919,344 $35,825,613
31,618,054
29,977,597

—

general

collateral trust bonds, series

stack

1950

sales—

Selling,

will be financed by the issuance
private

April 19 approved the company's plan of recapitalization

on

proposed;

as

ACCOUNT

Three Months Ended Feb. 28—

(according to

104% to 100%

purchase of the water properties*

proceeds of sale

net

value

par

would

B

INCOME

$29,516

.

offered.

net

California

a

ICC

ferred

redemption through the operation of

the

now

acquisition

minor

ferred

President,

COMPARATIVE

$24,740

first mortgage and

Boston & Maine
with

common

Net

subject

also

are

for

used

Other

137,664
$0.31

panding business.-

PURPOSE—The

Cost

154,472
$0.34

0.69

operation of the sinking fund, at prices
to 100%
(accoiding to date set for redemption)

61,200

$16,837

Power Co.

Oregon

promissory

recently reported that the company has
borrowed $4,000,000 of a $10,000,000 bank credit established last year
to
finance
increased inventories and
receivables resulting from ex¬

in part,

or

of

with

of

Emanuel,

58.800

$1,879

,

completion of the corporation's and its
capital expenditures for the year 1950.—V. 171,

redemption), plus accrued Interest.

date of

Sales

125.091
$0.28

—

12,807

64,800

toward

Manufacturing Corp.—Bank Borrowings—

Victor

the

through

than

sinking fund at price3 ranging from

be

share

per

14,773

50,000

171, p. 2.

Avco
'

ranging from 105%
plus accrued interest.
The

tion

$4,612,293

—

96,827
$90,716

1, 1975, to a
shares of common

stock

$300,000

curities

Flooring Co., Athens, O.—Bonds

The Ohio National

the

and

Mar.12,'43

$4,746,818

Mar. 13,'50

-

93,533
$83,540

corporation of the 5,000 shares
of preferred stock will be used,* together with the proceeds of 32,100,000
first mortgage and collateral trust bonds, series "B," 3'/2%, due 1975,

The

Offered—The
Ohio Company on May 5 publicly offered $275,000 of 12year 4%% first mortgage bonds, dated April 15, 1950,
and due April 15, 1962, at 100.45% and accrued interest.
The

Mar. 19,'49

$4,689,430

—'

——

—

Earnings

171, p. 945.

Athens

otherwise

share

per

12 Weeks Ended—

Sales

.

226,828

„

102 997

April

part of

a

$414,371

,

256,434

S34.244

PRIVATELY—The

$2,100,000

PURPOSE—The

$308,825
450,000
$0.69

$313,001
450,000
$0.69

$276,759
450,000
$0.62

--———

shares

capital

of

$40,000

>

April 29, '50 April 30, 49
companies— $32,172,645 $34,659,277
V

•

taxes

——

tion

preferred

$9,623,752 $10,522,335 $10,038,549
448,759
505,001
497,825
170,000
192,000
189,000

taxes--.*

income

profit

of

$433,507

'

the California
sale

1946

,1947

,

97.290

parent, General Waterworks Corp.,

Mar. 12,'43

Mar. 18,'50 Mar. 19/49

Federal

7

____

BONDS PLACED

3j/2%, due
6,000 additional

-

Earnings

Declined—

Associated Dry Goods Corp.—Sales
Quarter Ended-—
Sales reported by subsidiary store

262,254

____

dividends

"B,"

24 Weeks Ended—

Co. Inc., after the close of

G. Becker &

7;'

338,838

taxes

4,000

Common

Automatic Canteen Co. of America—Earnings—
A.

tPlaced

which issued.

FOR CALENDAR YEARS
1948

income

Preferred dividends

Inc., below. •

Noblitt-Sparkr, Industries,

7,910 shs.
13,200 shs.

15.000 shs.

366,652

chgs/& Fed.

"Net

1882.

171, P.

10,000 shs.

8459,493

—_

8,000
2,000

Inc

Company

Operat ng expenses

4,000

Lynch, Pierce, Fenner & Beane
Jaffray & Hop wood

Piper,
Stroud

'

$502,780

C

revenues

8,000
—2,000

Co.

&

'•

—

CONSOLIDATED INCOME ACCOUNT

Gross

7 Balance to surplus—

W.

Outstanding
$1,511,000
t2,100.000

-

.

,

'

privately (see below).

4,000

$3,089,177

FINANCING

Authorized

value $100i_.

(par

(par value $50»_

4,000

$3,844,243

"

stock

stock

:8,000
8,000
8,000
4,000

$3,697,786
; 608,609

171, p. 649.

see

25,000

Co., Inc

Allyn and

C.

A.

25,000

Co

&

$4,452,852
608,609

$367,208
period

the

Balance

Arvin

preferred

PRESENT

TO

bonds:

"■Unlimited except by terms of indenture under

Warrants..
25,000
25,000
4,o00

Shares

.

Blyth & Co., Inc
8,000
Eastman, Dillon & Co.—..—.J; -8,000
Glore, Forgan & Co.———.—
1
/; 8,000
Hemphill, Noyes, Graham, Parsons & Co
4,000

$343,664
for

!.

—V.

Sachs

EFFECT

1949

7':'M;;7

Brothers

Lehman

—

income———

Net

5%

Common

.

Goldman,

deducts,

other

(net)

GIVING

and collateral trust

rntge.

Series A. 34%, due Nov. 1, 1969
Series B. 3'/2%, due April 1,1975—.

severally

have

below

named

First

of shares of common stock
share set opposite their respective

option warrants to purchase one
''
v',,■

and

v'-

Int. „and

(par

agreed to purchase the aggregate numbers

1

Gross

CAPITALIZATION

consists of

CAPITALIZATION—-The authorized capital stock of Atlas

ACCOUNT

COMPARATIVE INCOME
Period End. Feb. 28—

.

■

FINANCING—The

,

,

7

company

%

^

7

contemplates

*

,

that

it

privately approximately $1,000,000 principal amount
its first mortgage bonds later in 1950.
The com¬

proceeds from the sale of the common
funds to be obtained from the proposed'
internal sources (principally
provision for depreciation
estimated to exceed $297,000 annually), will be .sufficient to-finance- the cost of the-company's construction
requirements through 1950.
The extent to which further funds will
be needed "to" finance the cost of' the company's construction and ex-*
that
offered,

pany" estimates

the

shares

plus

Just

net

sale of such bonds, and funds arising from

Volume 171

Number 4909

.

The Commercial and Financial Chronicle

.

.

V"

(2095)
pansion
-

funds

additional

its

cannot

needed

the

securities,

additional

1951

1951

are

from

resources,

inite

In

program

additional

e own

other

or

financing

construction

be

now

the

determined, but if and when
will

company

of

proceeds

appropriate

by

the

obtain

them

borrowings,

any

is

company

of

Period End. Mar. 31—
►

def¬

no

contemplated

now
•

Central & South West Corp.

its

sale

although

means,

program.

from

the

GIVING

EFFECT

TO

NEW

/

FINANCING

Short

bank

term

f.Other

5%.

preferred

5V2V0

convertible preferred

Additional series
Common

r

(intial

stock

33

500,000

100,000 shs.
50,000 shs.

accrued

on

share

per

all

on

Dividends

its

stock--

1,

88,598 shs.

follows:

as

each

in

present intention
the

on

of,the

directors

shares

common

of

declare

to

60

cents

the

of

and

70

cents

pay

Net

.<

—V.

.V

'•••'''
'

.'

\
\
i'"*'
'•

'

•

May

on

covering 200,000 shares of

share).

The

proceeds

filed a

10

letter

lof

of

stock

common

are

*

>'•

.

■

'

■

drilling

to

notification
offered

be

and

with
at

operating

The

management

sustained

'•

the

t$l

par

The

.

of

D.

-

568,782

109,375

$5,206,671

election

C.

of

Von

A.

Cole, Grimes
171, p. 1882.

'

under the

of

&

Co.,

Denver, Colo.,
stock',(par $1)

common

Philadelphia Plan

to authorization

directors,

the

Chairman

Stein,
and

directors

of

the

Treasurer,

Friedman

reelected

Board;
Leo

and

W.

finance,
motives,

for

the

in

electric

officers:

Evans, ViceWhite, Secretary.

W.

attorneys

are

the

C.

transfer

at

8

of

and the

offering is subject

Valley

Gas

Co.

and

the

merge

latter

plant

into

its

$26.16

$97,480.—V. 171, p.

share

per

and

the

1883.

mortgage bonds for

locomotive,

estimated

to

12 Mos. End. Mar. 31—

Utility
Other

of

the

underwring group are
& Co., Inc.—V.
171,

Gas

154,

shares

common

'//'Y '//

income

12G1.

p.

.V,

>

(&

Net

XV

$435,735

2,354,533

$538,7,75
2,224.533

$0.19

2,354,533.

$1,361,945
164,000

'

will

$1,458,991,

V'Y'YYx ; ■

$2.61

V/

•

be

distributed

nationally

formerly/distributed
358.

this

by

Graybar

Co.,, Inc., which
for Western Electric
Co., Inc.—V. 171,
;
-

line

X

Period End. Mar. 31—

1950—3

revenues

12 Months Ended March 31—

$ubs.)—EarnsJ

Mos.—194?

I95O—12 MOS.—1949 V

Net oper. income____Other income (net)-/-,

$1,844,266
34,719.

$1,806,487

1

$1,878,985

deducts..-

Gross

v

other

$7,042,048

2,235,546

■

—V.

income

171,

1883.

p.

•

"

.

$4,806,502

$4,547,988

'

21,268

"

•

:
.

income

income

Number

,120,427

Central Maine Power
Period End. Apr. 30—
revenues

~ J 7"''

$11,056,481-

$1,712,335
730,843

Operating
Total

,

expenses—
taxes
—

v

1,203,737

of

shares

common

outstanding.

<

'

1,420,442

_

Virginia
funds

notes

Gas

for

the

of

debentures

debentures

serial

balance

of

Gross

to

"!'

Net

Pfd.
>■
,

V

etc.,

-,

President

DIVISION.

*

^96,538

4,477,558

SNOW

$529,710

$6,076,375
29,968

He

CROP

$550,000

Corp.,

the

of

and

income

div.

143,361

charge

of

1

VV.'-.*
for

per

com.

com.

v'."

revs.. &

Oper.'

exps. & Fed.

:

2,789,476 /

_1

other

$382,890

$4,218,785

In

$3.12

$3,350,805

30,

Central Power & Light
Period End. Mar. 31—

The
par

i

$1.54

*

1950.—V.

an

Operating

Oper.

revenues

exps.

$5,523,688.

and taxes—

4,067,682.

production,

SNOW

CROP

Net

Other

oper.

income

income

$1,456,006

(net)

1,216.

'■:////-',,v/X

171, p.

1666.

V/V

stockholders

four

$10)

$40

at

shares

Gross

and

Net
—V.

income

$1,457,222

other deducts.,

364,196

income

$1,093,026

170, p. 2434.

The

increases
No
,

voted

to

increase

the

'

authorized

no

held.

the

fractional

In

Financial

share

per
~

The

number

shares

December,

on

proceeds

and

of

the

were

recently

16 for 5,000
the basis of

will

one

to

outstanding

issued.

Chronicle

new

capital

share

for

follows:

as

inc.

$

•

,!►/,,

$

:

On

account

«f




the

fluctuations in

>

'I.

$

■

20,698,223
Cr257,600

Cr226,176-

10,477,192

8,302,561

20,955,823

19,528,984?

System, Inc.:
Administrative expenses

362,746

284,566

1,210,733

Federal

and

other

taxes

186,783

166,478

613,940

Interest

and

other

fixed

1,308,187

1,081.877

5,115,287

__

133,872,987

120,858,409
113,174,764 101,555,601

31,762,141

19,302,803

•

Bal.
The

•

applic.

Columbia

to

charges

Less

corp.__
Gas

—_____•_

•"'On

net

718,077'

1,300

22,596

Cr32,412

4,299,463
Cr89,603

8,620,776

6,792,236

14,048,275

13,538,334

income

misc

1,062,719'.
...

income.i_

sh./I

earns;, per

$0.98

.

average number of shares of

$1.03,

stock outstanding.—V.

common

1884.

p.

171/

---Y';-'."

Commonwealth Natural Gas Corp.—Opinion Supported!

;

Federal Power- Commission

on
May 5 issued an opinion supporting
of March
30, 1950, which authorized this corporation to(
pipeline facilities to serve natural gas markets in Virginia
qnd denied the portion of the Piedmont Natural Gas Cprp.'s applica-:
tion proposing service in the Tidewater area of
Virginia,
j.
*
.

its

orders

construct

Tlje. March, 30

v

Corp.

deliver

to

sell

20

billion

resale

to

order, also
authorized
Virginia Gas Transmission.
sell 55,000,000 cubic ■ feet of
gas
per
day to.-

and

and

Tennessee

cubic-, feet

Virginia

Transmission

Gas

of

gas

to

Gas

enable

per

Co.

authorized,

was

to United .Fuel-. Gas Co.
latter company to supply

year

the

Commonwealth's

requirements.
:
The.-Commonwealth project, estimated to cost $6,425,000, will render
service to the city of Richmond, the
Petersburg and Hopewell Gas;
Co„ Suffolk Gas Co., Portsmouth Gas Co., Virginia Electric &

firm

at

Norfolk

and

Chemical

&

Newport News, and the Solvay Process plant of the
Dye Corp. at Hopewell.
*
"
7 • V

from

20,000

stock
each

to

per

This

25,000. >

/■•

171, p.

the

Georgia

1986..

$5,904,308

Piedmont

Texas,
North

to

proposed

the

Co.'s

South

build

a

area

of

Carolina

industrial

near

&

Rock

pay

Dye

Hill,' S.

the

to

at

C.

from
Chambers
County,
Virginia, serving communities in/
Virginia, supplying five of Duke

plants

service

Corp.

pipeline

and

electric; generating

estimated

to

to

Tidewater

Carolina,

Chemical

with

Solvay

Hopewell,

Cost

of

the

Aug.

1,242,401

The

(par

164,560

shares of

class A

convertible

...

common-

a

/

$4,546,913

$3,851,390

dividends,

(Reg.

U.

8.

are

convertible

into

common

subject to dilution privileges.

stock-

The class

A

of

underwriters

share, plus accrued,

on

a

the

Celanese

Piedmont

project,,

the

rates

Patent

of

Office)

exchange,

William

remittance

B.

for

to

commence

deliveries

to

Richmond

1, 1950, and to all but one of the remaining communities
by Oct. 1, 1950, the FPC said.—V. 171, p. 1783.
" "

served

.

to

by
be

<

;

Commonwealth & Southern Corp.—Hearing on Fees—%
The

SEC

on

hearing for

ances and
in respect

share-for-share-

common

May
May

expense

12

the issuance

announced

24,

1.950,

upon

reimbursements

various
in

of

an

order

applications

connection

with

scheduling

for fee

tion

company's

dissolution.

plan

18

/

'

allow¬

the

proceedings '
this corpora¬

of- the plan for distribution of the assets of
among holders of its preferred and common stocks and

for .the

/

approved by the Commission on Nov. 22, 1948, and
by the U, S.'District Court for the District of Delaware on July 15,
1949.
The plan became effective on Oct. 1, 1949, after a motion for
stay of the proceedings pending appeal was denied by the U. S. Court
of Appeals for the Third Circuit, in Philadelphia.
was

applications

request

380,640 for fees and $195,769
1783.
;./>,.

p.

stock,

v.

$1,576,409, $1,- 1
reimbursement for expenses.—V. 171,

allowances
as

-

:•

aggregating

.;•//■'

-. -

■

:

■/

*

Connecticut Light & Power Co.—Plans Split-Up—
.The

directors

preferred

and

on

May

common

approving

purpose,

of

common

stock

into

a

four

first

the

17 directed that a special meeting of thestockholders be called for Aug. 8 for the
proposed
split
of
each present share
of
shares.—V.

at $5
The

Engineering

1,500 shares of common

SEC

on

April

170,

p.

2435.

-

per share.

corporation

SEC covering

Corp.—Stock Option—

stock filed by letter of notification with

12 were issued under stock option to an employee
The proceeds were added to working capital.on

May

12

filed

a

letter

200 shares of common stock

exercise of stock

of

(par

notification with the
to be issued upon

$1)

option by Francis L. Vore at $5 per share. .The pro¬

ceeds- will be added

to

working capital.—V. 171, p. 1884.

Dana

foreign subscriptions

-

!■/'. rv
plans

Consolidated
'

stock; first series '

gro.up

per

and

initial

$88,500,000, plus $5,000,000 which the company pro¬
Duke Power Co. for nine manufactured gas distribution

industrial^

Acceptance Corp.—Additional Data—

$1), which were offered on April 25 by
by Sills, Fairman & Harris, Inc. at $5

interruptible gas and
Process plant of the.

Va.,"

at

Commonwealth

The

$5,093,791

1,357,395

,

Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Selbert, Editor and Publisher,
William Dana
Seibert, President; William D. Riggs, Business Manager.
Published twice a week
[every Thursday
(general
news
and
advertising Issue)
with a statistical issue
on
Monday j.
otner
offices: 135 S. La Salle
St., Chicago 3, 111
(Telephone 8tate 0613);
1 Drapers' Gardens, London,
E. C., England, c/o Edwards 8c Smith.
Copyright 1950 by William B. Dana Company.
Reentered
as second-class matter
February 25, 1942. at the post office at New York, N. Y.. under the Act of March 3. 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of Pan*
American Union, $35.00
per year; in Dominion of Canada, $38.00
per year.
Other Countries, $42.00 per year.
HOT*:

'

1950—12 Mos.—1949

right'

$10

surplus account.

bought

headed

$968,886

of

the

•

company

company.—V.

Ga.—Rights

given

shares

be allocated

$30 per share

shares

were

1949,

another

of

May

4

12,732

basis,
and

before

May

$5,081,059

5,693

.

v-

Commercial

5.

record

share to.capital account

$5,898,615

1,095

$1,307,239
333,353

of

or

on

Colonial
Int.

April

on

stock from 1,000,000 to 1,250,000 shares and also approved
p. 1884.

common

subscribe

to

$4,979,657 $21,460,689 $19,732,926
3,673,512
15,562,074
14,651,867

»

the

19,327

a

/://////.

Coastal States Life Insurance Co., Atlanta,

1950—12 Mos.—1949

$1,306,144

the
and-

use

MARKETERS

employees stock purchase plan.—V. 171,

business
^

for
Co.

also

8,321,888

pointed'out that this is the first plant for processing
frozen foods and vegetables to be purchased by*
the company owns large juice packing facilities in

stockholders

The

Co.—Earnings—

1950—3 Mos.—1949

will

81,568

■

addition

(par
f

1950 Con¬

its

Utilities

subsidiaries

1950—3 Mos.—1949

deducts

The

$3,124,049
X'
$1.43

-

$315,867

•2,177,459 shares outstanding April

for

respectively,

Gas

purposes.

taxes

income

inc.

posed

Cluett, Peabody & Co., Inc.—Stock Increased-—

804.348

$0:15

'

10,558,760

was

to peas, long range plans are now being laid- to
process
beans, asparagus, mixed vegetables, peas and carrots, succotash,
and raspberries in SNOW CROP'S Lewiston facilities.—V.
171, p. 1884.-

$3,928,397

867,980

$0.14

retire

3Ya%

applied,

40,0b4,029

Gross

Corp:,

2,324,564
$.V.06

lima

1,705,149

$312,670

to

of

be

50,1^2,263
39,573,503

r

stk.

share

issue

---

funds

Amere

which

$

Gross

quick

'

$5,633,546

1,887,558

67,023

$391,193

____—__

$6,106,343

requirements—78,523

Balance

•Earns,

$531,251

156,688

used

would

CONSOLIDATED INCOME ACCOUNT

Power

19,002

$547,881

--

$525,000,

subsidiaries,

Subsidiary Cos.:

;;

although

Florida.

$5,614,544

1,541

in

Clinton,

3,942,852

deducts..

be

$77,500,000

proceeds

program.

$625,000

use

its

Period End. Mar. 31—

/

systems.

1950—12 Mos.—1949

3,396

income

to

Subsidiary—

Distribution

^•/YY'

The

Interest,

would

ana

the

construction

and
of

•

construction

Allied

Acquisition by this coiporation of the Northern Idaho Frozen Foods
plant at Lewiston, Idaho, was announced last week by N, B. Barclay,

$544,485

Net operating income
Nonoper. income (net)_

Approval of

•

proposes

of

providing firm

$8,259,157

Clinton Foods, Inc.—Acquires Idaho
Packing Plant—

$1,654,617 $21,706,121 $20,548,041
728,369
11,152,188
10,990,645

437,007

husband;

authorization

.

$9,679,599'

$9,852,744

—

Earnings per common share._1
171, p. 1884< ■ s'-: /

XY'XV

-

Co.—Earnings—

1950—Month—1949

___

her

of

program.

program,

Allied

—V.

Vice

Operating

death

SEC

'

Net

Generoso Pope, .Jr., aa,
Pope, Sr., was elected

the

requested

17

The

current

purchase

Co.

/___

1,973,015

$1,275,006

Net

$6,521,003

538,929

Gross

.

$6,400,576

$1,827,755
552,749

revenues

Interest, etc., deductions (net)

•' '

income

Int. and

$6,871,177
170,871

$1,340,056

•».'!" 7 *T*

r •

5

1950

Seaboard

-

.

$7,386,734 $28,337,547 $26,833,559
5,580,247
21,46$,37Q 20,432,983

V

elected

Power,

'
" 1950
1949
L___,—$64,466,724 $62,610,482
Total expenses and- taxes—'—'—53,410,243
52,930,883
Total

$7,614,097
5,769,831

,

been

,

taxes—"

and

exps.

sale

1%%

struction

to

,

Operating

and

Generoso

by

:

caused

vacancy

has

board "Corp.

for

/'vC'".-/''/■'X.;'

Cleveland Electric Illuminating Co. (&

«/<

Central Illinois Public Service Co.—-

Oper.

May

1971.

Commonwealth,

Electric

$2.14

;

\

*

of

p.

$1,197,945

7/77;7XV 7/ 7;

:

stock

acquired

V 657,122

>

$1,622,991

"

capital

formerly .manu¬
by'the Western Electric Co., Inc. Standard Electronics hasWestern
Electric''.inventories and
designs and will make
service and supply replacement parts for Western Electric
transmitting
equipment now in use throughout the U. S. The broadcast equipment

$2,019,066

.612,550

Mrs.

caused

the

Pope

$0,24

$0.23

on April
11 that it had purchased the
Standard
Electronics, Inc. and will 'make
television- and radio broadcast
transmitting equipment

•

/

$537,181
/___

fill

to

Fortune

Company on May 11 received SEC authorization to purchase
additional $1,700,000 of 3..unsecured notes of Atlantic Sea¬
during the period ending March 31, 1951.
-A

an

"

announced

company

entire

I>r449

i

»

dividend: reqjiIremehts__ll_L___: 77 164,000

"

after -taxes—

1947

•

Acquisition—Enters Television Field—
The

$2,019,515

-

__

979.

income

Capital shares outstanding
Earnings per common share

9,096,206

;

$2,235,541
*

Balance applic. to com. stk. and surplus
Earnings per common, share <560*000 share6)__
p.

its

•Congol.

1948

Sr.

System, Inc.- -Seeks SEC

on

the

of-

due

the -System's

Consol.

Subs.)—Earnings—».
1949 /

5,000

___

The

;

1

factured

/___,

deductions

170,

1883.

p.

of

Union

;

Claude Neon, Inc.

9,254,749

%

'—V.

Co.;

President

Secretary,

total cost

a

$2,211,015
24,525

_

.

$6-

maturity date of the $1,192,000 outstanding first
mortgage 6%
bonds, series A, due April 1, 1950, has been extended to
April 1, 1955.
Commerce Trust Co., Kansas
City, trustee, recently announced.—'

own

Co.—Earnings—
'/V7 1950 / /.:
1949

(net).—

Net
income
Preferred stock

&

5,000-

Co.

*

To Buy Notes of

t

V.

$19,000,

taxes________________.

income

Income

Drexel

Corp., and Stroud

$11,465,764 $11,115,721
and

operating

Gross

?

revenues
expenses

income

approximately

5,000

Securities

Present indications are that Columbia will require about $9,000,000.new capital
(after sale of the debentures) to complete the financing

Misc.

members

Year Ended Dec. 31—.

Operating
Operating

cost

City Ice Co. of Kansas City—Bonds Extended—

v'//• /'/XY 777

•'

Central Illinois Electric &

.

to

The

ruling, Central Hudson will acquire 3,000

of

funds

The

;

the

on

as

by the Interstate Commerce Commission.

289,514.

company.

Commission., on April 27 authorized the company
outstanding common stock and mortgage bonds of

the

at

f

to
,

provide

5,000

Co

competitive bidding,
$110,000,000 of debentures,
series
It expects to invite bids for the purchase of the deben-L
or about
June 14, 1950, and to .open 011, June
20, 1950, suci*.
may
be received.

debentures

oil

and

vacancy

Gas

$14,000,000 "of

per" share.

construction of

10,009
Co

Co./

&

Gibson &

C.

&

sell, at
due 1975.

A,

publicly offered

$1.50

Co

Chicago

Treasurer.

the

corporation

Proceeds

April

on

&

McDowell

Debentures—

and

V

part,
the acquisition of six Diesel-electric
freight loco¬
Diesel-electric passenger
locomotives
and
one
Diesel-

six

Other

system.
-

'

Other bidders for, 2were
Harris, Hall & Co. (Inc.), 99,208;
*Halsey, Stuart & Co. Inc., 99.1279; Harrlman,
Ripley & Co., Inc. and
Lehman Brothers
(jointly), 99.1123.
,'V '
X Proceeds from
the
financing will be used

Central Hudson Gas & Electric
Corp.—Acquisition—

Under

•"

Y semi-annually Dec. 1, 1950 to June 1, 1965, inclusive, was
.made on May 17 by a group headed
by Salomon Bros.
Hutzler at prices to yield from
1.40% to 2.525%, ac¬
cording to maturity. The certificates are being issued

The New York P. S.

Hudson

$5,438,712

X*-'1'

tho

$4.37'At

2428.

p.

Columbia

The

.

and
fill

to

168,

New

of

,

Carr, President and

acquire

—V.

,

proceeds will be used to pay in part cost
p.
1458.

Securities

to

director

$6,116,869

Chicago, Milwaukee, St. Paul & Pacific
RR.—Equip¬
Certificates Offered—Public
offering of $4,650,000
2y4% equipment trust certificates, series
LL, maturing

No

this company, headed by J. B. Carr, President,
to 276,153 shares by the stockholders in
12 at the adjourned annual meeting

-

Following

Alley,

*a

104,375
______J1

1783.

p.

Vice-President

Vice-President

Y

553,148

to

—V.

V'"

171,

Anthony Pope has been elected
the death of Generoso Pope,

11,293

payable

Bowers

shares

Inc

Co

V.

also

.Executive

1949

/

$6,105,576

per

expenses.

shares

374,253

directors.

B.

.by

~

of

Colonial Sand & Stone Co., Inc.—New President—

$1.27

-

price

.

J

of

/Von
charter, W. L. Hampton, D. G. Lubben and J. E. Dempsey, representing
the slate presented by a committee, were also elected to the board of

J.

See

ONLY

.seed processing plant.—V.. 171,

SEC

eight directors elected, five were management nominees. They
J. B. Carr, W. C. Evans, James B. Post, Leo W. White and C. A.
Stein.
In the cumulative voting, provided under the company's

President;

.>

.

V

.

$1.45
$1,45

_

taxes-_i/_„

notes

income.—.;

.170,000

•

Of the

.are:

First

ment

a proxy contest decided May
originally opened on May 9.

*

-

17,895

171, p.-1883. "

Robert

\

.;

Carr-Consolidated Biscuit Co.—Management Wins—
was

10,000

tures

underwriter.

r

10,000

W.

Chemical Crops, Inc.—Stock Offered—

;

Cana-Mont Oil Co., Kalispell, Mont.—Files With SEC—
company

Kirstein

Marshall

bids

15,

June

rf'-*
"

■

...

The

20,000

The

quarterly

a

1950, subject to the continuance of' favorable earnings.—V. 171, p. 1782.
•*

V

/■,

■

the

Shares
Cruttenden

George

& Blosser—

Taussig, Day & Co.,

$5,864,194

and
on

at

49,560

•

,1

•_

-

1944

years

share'on

per

$0.26

,<i

..

■

COMPANY

1

Interest

paid

share

;

.

______

Total

purchase

45,000

5,539,031

.

°ther

Expenses

been

per

7

'//,

7,,•

-,'•/•

1945; $1.80 per share in 1946; $2.00 per -share in 1947; and $2.40
per share in 1948 and
1949.
A quarterly dividends
of 60 cents per
share was paid on the common shares on March 15,
1950, and it is

dividend

•

•

or

series,

to

Shares

$11,602,410 $10,172,331

■

and

the

-

/
12 Months Ended Mqr. 31— *
•
v.. /
•;•.
•
1950 Income—Dividends on common stocks of sub- X * ^ V
"
r4 sidiary cbmpanies consolidated—i___—____'
$5,846,299
"J

of

agreed

Edgerton, Wycoff & Co

/

■

EARNINGS OF PARENT

v

have

$1.75

..

6,099,982

$2,083,238

$0.31

,//

shares

of

severally

Straus

.

None

200,000 shs.

regularly paid in full all dividends
shares since they became cumulative.

shares

1943;

1,428,582

31,

1950

47,229 shs.

10,000 shs.

1 '

has

preferred

common

Oct.

on

.

on

Mar.

has

,

127,510

.

shares

com.

each

the principal underwriters and
class A common stock, first

share plus accrued dividends, are as follows;

per

$15,583,852

101,528

•

$3,511,820 $17,702,392 $15,711,362

$2,487,810
share

per

outstanding

71,750 shs.

.

-

$4,091,338

'1,603,528

7,985,173

160,000 shs.

/•;

____

company

$17,600,864

on

of

names

Sills, Fairman & Harris, Inc.

deducts.

Net "income

•Unlimited
as
to
amount, but
issuance
limited
to*.'restrictions
of
first mortgage indenture dated as of
July T, 1944 between the company
and Bank of America
National Trust and Savings Association
and
William C. Koenig,. trustee, as. supplemented.
*.■•'.
•

DIVIDENDS—The

other

Earnings

series)

li_l

1

$3,499,517
12,303

subject to redemption at $6 per share if redeemed
1952 and at $5.50 per share thereafter.

30,

'respective- number

750,000

$20),

i

$20),

par

income—

and

(net)

1,670,000

series

more

stock

Int.

$1,830,000

$600,000

stock, (par

$4,061,243
30,095

(net)

income

+ Gross

loans

Cumulative preferred
issuable in two or

.

income—

oper.

Outstanding

mortgage bonds:
Series A, 3\r2c/e, due July 1, 1969
Series B, 3V*%, due Aug. 1, 1971
Series C, 3 ¥2%, due July 1, 1978

'

47,'537i481

50,422,463

Net

•First

-

Nov.

UNDERWRITERS—The
which

Authorized
*

will be

before

,

.

CAPITALIZATION,

series,

1950—12 Mos.—1949"

____

;

for

(& Subs.)—Earnings—.

1950—3 Mos.—1949

Operating revenues
$17,023,349 $15,605,231 $68,023,327. $63,111,333
Oper. exps. and taxes—
12,9621606 12,105,714

and advertisements must be made In New York funds.

1

4

The Commercial and Financial Chronicle

(2096)

The

36,103,799 113,254,523

42,543,874

————

$

$

$

•Operating revenues

17,708,305

expenses
Maintenance

43,923,761

7,549,034

30,389.401

1,251,711

5,587,787

3,875,051

1,281,081
1,883,132

4,150,000

3,425,000

6,525,000

—
—

—

f' amcti^t on
taxes—estimated.

d«»*»Mfon

Depree..

income

Federal
Otner

13,662,484

7,451,922

gas____.

Operating

1,479,517

1,418,781

with

holdings of a former Stockholder.

redemption

the

and

the ownership in Coyle Lines, Inc. has
as a resu.t of purchase and retirement

57%

to

the entire

connection

In

estimated

Dec.

on

27,

of

1949

14,232,503
166,381

A.

operating

revenues—--

Other income

The

under

cars

6,921,442

270,086

234,259

966,173

~8,374,427

deductions

Income

6,687,183

_———

the

United

the

of

14,358,924

8,644,513

income

Gross

last

reported

was

month that
plan of the

leasing

The

States.

Manufacturing Co.,
1783..'
'V-V.::-

Car

cars

May

subsidiary

a

of

not

income

.

•'

-•

.1"

1

'

'

.

•

■

••

•'

.

Pullman,

•,

••

Inc.—V.

171,

• r'

p.

;;

'■

,

;

.

-

;

..

has sold its
Pennsylvania,

company

that

the

and

York

distance

duction involved

from

interest in
sustaining

headquarters

at

its

prompted the action.—V.

The

from
to

value

par
no

trustees

of

to

par

and

the

small

pro¬

unless
1356.

171, p.

'■f

Three Months Ended March 31—

Net

sales

,

v

-

Cost of sales and other operating expenses

depreciation)

cluding

profit

Operating

1949

$9,076,230

March

on

4,

by

has been elected

8,393,047

8,805,872

$231,670

$270;358

33,006

-

41,830

———

—v.

director

a

and

member

a

171, p. 1260.

'

$264,676

z

deductions

provision for taxes

:

income—

on

Minority interest share in. profit—

to

110,480

offered

be

further
On

Net

income

$145,123

$124,772

•

executive

Earnings

per

$0.22

$241,683

about

letter

a

of

notification

facilities

of

Feb.

and

1950,

26,

certain

notification

of

other

for

with

corporate

stockholders

respect

to

last showed

current

of

assets

A

notification

letter of

shares of

25,000

proceeds

..

/

.

L.

filed

was

stock

common

to

are

to

with

the

SEC

be offered

incorporation

pay

.

Eastern Corp. (&
Net

sales

Cost

of

on

May
per

bank

for

>

of

-The' Oompahy is

expected

a^ntfod.-^. :17b;

to

around

use

P) 882. >»

$300,000

in

from

1949,

15 covering
share.
The
and

from

amounted to

and

months'

12

ended

ended

March

related

the earnings
for the 12

periods
and

$116,788,

period

period

released revenues and

for

No underwriting involved.

which $40,792

of

March

31,

31,

taxes in

income

was applicable to
and
$75,996 to the
giving effect to the

1950,
After

1949.

the

respective applicable

share of common stock amount to $1.09
ending March 31, 1950, and March 31,
171, p. 557.

per

months

$0.88

1949, respectively.—V.

Follansbee Steel Corp.—Pays Bank Loans—
C. Geire, who has

The
loan

V.

1950

——.

general and

paid

has

company

the

off

exps

operations

balance

on

$2,500,000

a

and is free from

recently announced.—

was

Franklin Railway Supply Co.—Stated Capital
recently

were

reported

have

to

Reduced

approved

$2,-

a

000,000 reduction in capital to $4,000,000 without changing the number

$70,654

30,707

stockholders

The

255,534

$648,726

—_

shares.

14,306

deductions)L_—

payables, it

103.

171, p.

$2,822,570
2,496,382

4,061,680
616,417

.__

admin,

$1,500,000

negotiated two years ago with Pittsbuigh banks,

1949

of

(less misc.

'compftny" oh

May. it)

covering'•$2415e0v008 of

/

•

—V.

There

156,

shares

150,000

are

authorized

and

issued.

120,000

1501.

p.

—

debt

on

of

taxes

$679,433

cost

of

investments

subsidiaries over underlying
date Of acquisition

book

9,478

246,500

,

Fruehauf Trailer

$84,960

48,437

,

income.

on

of

excess

*

.

,

Federal

-

Net

In

values

at

Net

profit

Dividend

♦

stocfc________—

common

on

Earnings per common
—V. 171,. p. 1567. •

Non«7

f

*0-99

__

V.p,v -■

,

•

?.

.

struction requirements, and (3) the construction Of new facilities and
Other corporate purposes.
V
' :
■;
The additional common stock was offered to stockholders on
April

$0.09

^

Dividends .paid

\ :

Dividends

U<midi<m

l:-

successfully.—V. 145, p. 2072.

,

,

„

'

'

1950 -construction

is

program

of approximately. $12,732,600.—V.

estimated

Subs.)-—Earnings—

171,

p.

1884.,

' :

A

.

letter of notification

on-purchases, int.
other

inc.

•Cost

of

sales

Admin, and gen, exp .__
Prov. for Federal taxes
income

166,998

Prov. for possible future
Invent, decline——

Profit
Earned

shrs.

per

115,801

3,410,000

123,035

3,800,000

:

—

450,000

$4,414,824

$4,837,697

outstdg..

1,500,000

1,500,000

$4,890,646
1,500,000

share.

$1.69

$3.10

1,660,000
;

$3.14

—

Common

171,945

'

$48,918,009 $56,973,036 $61,282,483 $40,775,558
39,519,134
47,034,733
50,483,914
35,217,520
1,819,051
1,690,606
1,657,923
1,226,061

4,165,000

(est.)

1 '■■■.'"*■'

:

(r.et).

com.

•Including depreciation of $1,859,187 in 1950, $1,774,883
$1,561,615 in 1948 and $728,809 in 1947.—V. 171, p. 462.

filed with

was

the

SEC

Quarters Ended M<*rch 31—

Income

900,000

May

Quarter Ended March 31—

;.

sales

Income

amortization.

;

1949

$599,471
83,000

41*500
"

43,793

96,096

11.7c lb.

Total

-

Bank

$7,425,867

92,119

$7,223,326
253,634
121,023

profit

$132,611
405,000

405,000

Earnings

17.4c lb.

City

90.0c

oz.

90.0c oz.

&

$0.08

$0.27

of

one

share

B

Bank

the

of

New

company

in

York

has

connection

been
with

sub-

its

new

ahare

for

each

seven

shares

subscription price is $30 per share.—Bee V. 171,




p.

of

1992/

record.'

The

——

ratio

loans

RESULTS

3.86 .to 1

FOR

CALENDAR

surplus
surplus

$0.36

'

assets

when

loan

from

the

War

The loan

Division

of

the

was

Assets

made

is

Period End. Mar. 31—

the

help

The

19,925,666

72,266,125

——

73,496,878

With

and

that
of

an

excellent first quarter

a
total of $21,715,582 for a gain of more than
the comparable period of 1949, have continued through
.

have

reached

decrease for

yq;;,/;
point

a

.,

■

less

than $25,000,000—reOecting
of approximately $1,700,000.
•

the first quarter

spiral of sales, he said, which began to manifest itseir
has continued steadily through April.
During this

upward

January,

business

of the

was

the

of

month

incoming orders

April.—V.

orders for
parts

trailers amounted to $8,500,000.
service sales,
the
total incoming

new

and

approximately $10,500,000.

171,

p.

just

May

beginning,

It

is

interesting

to

note

substantially heavier than the opening sales

are

1568.

Gaylord Container Corp.—Earnings—
Quarter Ended—

1950—12 Mos.—1949

$1,941,171

$6,900,500

$7,161,665

740,258

894,132

2,777,749

3,246,600

89,186

269,016
206,865

404,772
800,482

759,233

226,359

251,471

1,205,276

1,074,963

$455,060

$319,687

$1,712,221

$1,454,659

886

4

4,012

revenue—_

$319,691

$1,716,233

$1,457,038

111,906

136,198

474,022

553,776

income

income
other chgs.

,

Depreciation
Interest

31,'50

Dec. 31,'49

Mar. 31/49

$1,920,755

etc

$1,324,947
319,500

$2,339,254
251,297

depletion

272,760

inc.

57,832
636,000

386,300

837,800

$954,163

$579,547

$1,250,158

$0.41

and

$0.25

$0.53

charges

39,600

2,379

$455,945

—

Mar.

-

Earnings before depreciation,

626,210

210.570

—_

;——

-

—

oper.

11,103,513

20,570,684'

—

_

further

early in

Metropolitan Life Insurance Co.,

1950—3 Mos.—1949

$1,821,433

expenses

Maintenance

Depreciation

Net

13,800,000

reached

Inventories
a

manufacturer of hydraulic devices.—V. 166, p. 207.

a

Operating revenues

Other

13,800,000

1 yr.)

11,108,336

—

over

April.

Empire District Electric Co.—Earnings—

Taxes

to 1

said.

company

Operating

£3.52

$5,000,000

——

latter month, incoming
With
the
addition
of

Administration
with

sales

$2,500,000

.

borrowed $250,000 from the Marine Midland Trust

Loan

37£491,500

Roy Fruehauf, President, on May 4 said in part:

YEARS

-V/''1949

working capital.

Business

14)890,-864

$3,000,000,

__—

Earned

Electrol, Inc., Kingston, N. Y.—Bank Loan—

increase

-

38,120,205

—

Expanding sales this year, which produced

Fed.

&

Net

state

taxes

on

(est.)__

earnings

Earns,

per

com.

sh., <2,338,317

shs.

outstanding)
—V.

170,

p.

1081.

General Radiant Heater Co., Inc.—New President—
A.

Albert

Minton,

on

May

15,

assumed office

as

President

•

of

the

was

de¬

corporation.
Net

appointed

13,313,737

Capital

161,451

Light Co.—Subscription Agent—

offering of
^83,333 additional shares of common stock for subscription on or
before May 31, 1950 by common stockholders of
record May 10
1950
rate

and

liabilities^

-

capital

long-term.debt.- (excl. -amount due- within

328,728

1948
Consolidated sales
$26,764,878 $29,355,349
Net income after all charges and taxes
551,891
564,540
Number of class A and B shares outstanding.. *
405,000
405,000
Earnings per class A and B share
$1.13
$1.16
—V. 171, p. 1993.
\v.;.;

Gross

of

A

.

Interest and

National

class

per

CONSOLIDATED

19,182,213

24,859,048 * 26,560,570
51,433,942
52^42,364

__i_^

$167,277

405,000

—

shares outstanding—

$6,173,101

20,228,381

assets—■

current

Current

1080.

p.

607,978

.

31, ,'50 and DEC' 31r,'49»
"

Total 'current

;

20.6c lb.

9.8c lb.

_

Average price of silver, U. S. Treasury
170,

93,000
$288,772

'MAR.

PERTI^NT.FIGURES AS;A|'

Inventories

Total

Net

Class A and B

Small

•$14,023

——

Dayton Power

120,915

118,020

607,978

$5,927,337

1948

■:

to

134,700

Average price of lead, New York
Average price of zinc, St. Lou's

the

:

$58,166

taxes

1949,

44,000

*

;

income

•Deficit.—V.

-

-

15. covering

1949

income

The company has
Co.
to
refinance
a

$71,877

Dry tons milled—

The

1950

—$6,418,944
taxes
•
150,285

before

The company

taxes

Depletion
Net

Edison, Inc.—Earnings—'

$2.76

in

1950

profit
and

;

Receivables
on

(Including Wholly-Owned Subsidiaries)

the

Depreciation

stock—

stocks————

shares-outstanding after deductldn of dividends
during the first three months,
•
-

1,215,956

on

Working

(Thomas A.)

$2,671,977

Day Mines, Inc.—Shows Loss in Quarter—
operating

common

preferred stock

paid on

$3,000,000. of trust shares to be issued under-The Quinby Plan for
Accumulation cf Common Stock of Eastman Kodak Co.'-Quinby &
Co.,
Rochester, N. Y., has been named as sponsor.—V. 171, p. 1147.

Profit

Feb. 28,'50
Feb. 28,'49 Feb. 29,'48
Feb. 28 '47
$48,707,206 $56,746,354 $61,096,942 $40,582,165
Divs. from investments.
43,804
54,737
69,740
70,358

and

.preferred

on

•

,

———

Total

493,418

.

shaWS; outstahdlitfg at' March %t, 1956

OTHER

to

Six Months Ended—

Disct.

1,301,436

;

840,300

,.

tKodak'^o^^iles.'WItli.SECrr-.I,

•

Net

sales

2,211,316

•

taxes on inoome—_________

paid on

'Bastd

■

,

Dana Corp. (&

after charges—

income

85,437

;

/

-

It was recently announced that * final payment has been went to all
general creditors of the company, making 100% of amounts owed.
The company has been reorganized and IS repdrted to be- operating

>

Involve ' expenditures

^

$21,715,582 $19,119,612

-

—

•

company'.funds, will be applied toward (1) the;, redemption,.on or.
about-July- 21*. 4950, at 104% % of the principal; amount thereof, of
$16,900,000. of first mortgage bonds, 3% % series due-Feb. 1, 1967, (2)'
the repayment of short-term borrowings, amounting to $1,300,000 at
May 31, .1950, made from Texas Utilities Co., parent, to meet con¬

The company's

*

1949

~

.

$55,482

; EasternXootwear Corpi^-CreditoFs Paid In

Net proceeds of-the bond salt, together, with-the $3,400,000
proceeds
from the' sale of 42.656,. shares :of. additional common.: stack .and other

-

.

.

^—

Prbv, for Federal

$339,046
^

share——
(

filed a registration statement with the
first mortgage Bonds, series due June 1,

1980, .which/are to he offered at competitive bidding..

26,1950.

sales

Net

45)450

.

__

Co.—Earnings Higher—
"
1950

3 Months Ended Match 31—

20,p00

..

•

'

;

__

for

Amortiz.

Uy;>: !

vr-;■ .tV 1

.V-V,:*./

Total
Interest
Prov.

year r

the first

Dallfts Ptight .€«.^Registei^ With

at

-

was

Finance

The' proceeds, he said, will be used to remodel many of its present
stores dnd open several new ohes- outside Of Kansas dlty, Mo;*
The
chain currently operates 84 units In Missouri, Kansas and Oklahoma.

Net

service

disposition of the litigation, were released to the company.
released revenues were credited to operating revenues in December.

the

Subs.)—Earnings Higher—

sold

Other income

the Reconstruct
Corporation, it was announced on May ^0 by H. J.
Witschner, President. There are no restrictions connected with the loan
in respect to the working capital and dividend payments.
The loan,
due in six years, is payable at the rate, of $6,000 a month and carries
a
4 per cent Interest rate.
The company will draw on the loan as
funds arc? needed and the interest will be charged only on the amount '
used»:'* " •^

on

involved.

1949, the. litigation relating to the new rate schedules
concluded in favor of the company and revenues
the increased rates/ which had been held in escrow

December,

gas

resulting

loans

—$5,326,823

—

goods

Profit

The company has obtained a loan of $500,000 from

Net

In

v

of

1047.

$10

at

and

expenses

Three Months Ended March 31—

.

Selling, shipping,

SEC

;

company

offering
the public

made

.

for

underwriting

No

debt except for ordinary current

•

y Crown Drug Co.—Obtains RFC Loan—

share.

per

12-month

Frieze recently succeeded as President, E.
Chairman.—V. 171, p. 463.

B.

been

The company
publishes many of the nation's leading periodicals,
Including Woman's Home Companion, Colliers, and American Maga¬
zine., Through a subsidiary company they sell books principally in
sets.—V. 167, p. 1585.

tlon

the

Duplan Corp.—New President—

offering of 10,152 shares of common stock (no par)
share, less a dealers' concession of 50 cents
,

$1.57

V.

Florida Public Utilities Co,—Quarterly Earnings—

purposes.'

of

Files With Securities and Exchange Commission—

at $14.25 per

,;;:v ■

345.341

Nil

:

180I.

p.

Offering—

Crowell Collier Publishing Co.—Secondary

_

346,786

£ $0:43

.tLoss.—V. 170,

filed a letter cf. notification with the SEC
shares of common stock (par $10) to be offered at
The proceeds are to be used to increase capital and

12,000

paid-in surplus.

& Equipment Corp., Norwich, N. X-¬

Dunco Realty

$6,874,193

Blair Rollins & Co., as agents, on May 17 made a second¬

share.

543,386

pending

purchase of real estate and equipment.

per

$25

are

The

a

the assets,. $2,189,163

ary

the

which

public

a

50,000 shares of common stock at a total price
to
$80,000, all of which were sold for said sum.—V. 171, p.

liquid condition, with
and current liabilities of $2,256,005.
Of
consisted of cash.
Conforming to the company's
policy of maintaining inventories at the lowest level consistent with
operating needs, they were $2,663,561 on March 31, 1950, compared
with $3,008,699 a year before.—V. 170, p. 2224.
The balance sheet on March 31

with

10 cents)

(par

covering

$232,817

share-——

common

'•Depreciation charge included in cost of sales

$6,502,284.

t33,743

The corporation on May 4

*

$3.50'per chare through Aetna Securities Corp.
The
to be used to pay for installation of additional machinery,

extension

or

filed

letter
stock

'

-

$0.19

$4,519,126

147,463

346,786

•After charges and taxes.

committee,

1948

$5,442,861
'

income——

Number of capital shares—
Earning? per

;

1949

1950

sales

•Net

at

proceeds are

82

/

Corp., 67 Broad

■'

corporation on May 16 filed a
SEC covering 62,500 shares of common

56,585

85,329

ft. Liquidat.ng

Florida Home Insurance Co., Miami, Fla.—Files—

$312,188

^

54,493

,

will

and the new securities

4.

p.

3 Months Ended March 31—

Director—^ >

a

Dumont Electric Corp.—Files With SEC—
The

Income-

the

of

one

.

A.

171,

under

Florence Stove Co.—Earnings—

the

4

Industries, Inc.—Isham Elected

the F

of

Y.—V.

dissolution

of

amended

was

terminated

Henry P. Isham, President of Clearing Industrial District, Inc. of
Chicago, and a director of a number of leading banks and corporations

(in¬

____

———

Other income

:

1950

$8,624,717

y
.—

_——

Dresser

York, N.

New

plan

a

shares of capital stock held
Telegraph Corp. stock. Cash

been formally dissolved,

has

the office

available at

Net

(& Subs.)—Earnings—

America, Inc.

Creameries of

corporation

12
k

shares.

fractional

of

approved

27

for each
Telephone

Mr.
Koch
told
shareholders
that
the
new
electric
machine, to¬
gether with three other new models the company recently brought
out, should help stimulate larger sales and profits during the second
half of this year.
The company's construction program is expected
to be completed by July 1, he said.—V. 170, p. 982.

170, p. 2023.

continue

shall

list

R. J. Koch, President, on May 11 announced
the introduction of a
completely new electric comptometer adding-calculating machine.

It

beneficial shares were changed
and the trust indenture

Fund

April

on

receive

lieu

ir.

Street,

properties in
was
stated

loss.

share

per

the

stockholders.—V.

the

or

the

$1

that

provide

the

from

Dealings were suspended

15.

....

.

Dodge & Cox Fund—Par Value Changed—

customers in the first
quarter of 1950 was up sharply, at 87,828,127,000 cu. ft., which com¬
pares with 74,408.5^6,000 e«, ft. sold during the first three months a
year earlier.—V. 171, p. 1147.

stricken

was

May

Felt & Tarrant Mfg. Co.—New Product—

producing

small
Wichita

a

corporation

Exchange on

International

paid

are

;

-

Derby Oil Co,—Sells Outside Interests-—
The
New

of gas sold to all classes of

NOTE—The volume

'

'

decision.

rendered a

yet

'

'•

will

they
of

The

•:-v;.

■

'

13,432,751
Net inc. per share—3,274,031 shares
$2.56
$2.04
$4.10
•Revenues for the three months and the 12 months ended March 31.
1950, and the three months ended March 31, 1949, were increased
$550,000, $1,410,000 and $440,000, respectively, as a result of new rates
put into effect by The Peoples Natural Gas Co. Hearings before the
Pennsylvania P. U. Commission with respect to protests against the new
rates have been completed
but at May 1, 1950_the Commission had
Net

this

of

York Stock

stockholders

winch

be

stock

common

8.

share

the company will lease 500 box
Equitable Life Assurance Society
to be built by Pullman-Standard

are

Liquidating Corp.—Stricken from List—Dis¬

R.

the New

of

Delaware & Hudson RR. Corp.—To Lease Carsit

1356.

solved—

a

The

Net

will

it

that

$9,000,000 in the following two years.—V. 171, p.

F.

entire

the

income bonds, due 1957, the
$500,000 4% bank loan, payable $60,000 each
Dec. 5, 1950 to 1953, with the balance of $260,000 payable on Dec. 5,
1954.—V. 169, p. 2102.
obtained

company

5,409,938

6,884,287
37,155

44%

from

latter of

the

another $2,000,000 new capital in 1951 or 1952,
is carried through in its entirety. The company
spend $6,200,000 for new construction in 1950

raise

to

company

in

outstanding $577,000 of first mortgage 4%

7,186,073

8,627,368
17,145

ibac.,

Stock Interest

if gas storage program

that

reports

company

increased

by

Operating revenue deductions:
Purchased

Co.—Increases

Coal

Affiliate—Bank Loan—

12 Mos. '50

3 Mos. '49

2 Mos. '50

Bardeleben

De

Subs.)—Earnings—

(&

Natural Gas Co.

Consolidated

Period Ended March 31—

Monday, May 22, 3950

..

.

-V.

income

171,

P.

__

_

$344,040

$183,493

$1,242,211

$903,262

Although Mr.

1784.

ferred
Mr.

Equitable Gas Co.—Future Financing Plans—
The

company

finance

its

1950

plans the sale of
construction

$2,006.000'bonds this

program.

It

iaay

be

year

necessary

to help
the

for

Minton

until production

Minton,

was

elected

procedures

corporation

in
were

attorney,

March,

announcement

completed.

is President of the Eaglt Fire
Insurance Co. of New Jersey.
He also is Secretary and a director of
Forty Exchange Place Corp.,-New York; and Vice-President of the
Lackawanna Wyoming Valley RR. Co.—V.
171*, p. 1885.
^
a

Volume 171

Number 4900

General Telephone

.

The Commercial and Financial Chronicle

..

Corp.

Operating expenses

3 Mos. '49

3 Mos., '50

i

revenues

Hecht

(& Subs.)—Earnings—

Period Ended March 31—

Operating

14,535,963

and taxes

12,567,438

55,590,400

Net

operating

Net

income...

deductions

earnings

Interest

and

$1,787,435
59,036

$7,202,826

1,199,594

$1,728,399
821,470
$906,929

$2,918,047

113,805

110,000

451,415

$1,903,990
52,103

(net)

$1,851,887

__

other deductions

corp.'s preferred stock____

on

sales

♦Shares

balance

of

Earnings

$538,488

$796,929

1,196,015

1,191,161

1,196,015

$0.45

$0.67

$2.06

$2,426,948

$2,269,900

2,608,514

2,475,510

$181,566

$205,610

operating expenses

$2,466,632

outstand.

share...............

stock

common

per

1949

1950

^

_.

Cost of sales and other

Income

loss

Operating

Other income

of

end

period.—V.

171,

Other

letter

30.000

shares

to

be

at

$2.50

and

notification

of

of

offered

stock

common

publicly at $5
share.

per

be

to

added

with

$1)

(par

SEC

the

May

on

which

of

shares

20,000

doubtful

capital.

The

Cycle

corporation

May

on

filed

8

letter

a

notification

of

of

the

with

covering 17,168 shares of common stock (par $10) to be offered
at'$17.25 per share. - The proceeds are to increase capital and reduce
No underwriting

Gorham

involved—V. 156, p. 429.

Manufacturing

Co.—Split-Up

< -

• <

of

1

-

Stock

the

at
to

$4

close

the

to

filed

was

business

of

charter

the

with

.

i

State of Rhode Island
effective an amendment

making

15

will

be

for plant
to

used

Insurance Co. of

all

retire

to

additions

increase

to

capital.—V.

working

of America.

1

and

and lower costs,

bank

It

product

is

anticipated

the

1950.

Co.—Earnings—

Wholly-Owned Subsidiary

Total

the

Provision

1949

$2,081,142

106,431
l_

71,205

Federal

estimated

$1,051,147
377,000

taxes..

income

sell

continue

800,000

Net

profit

$674,147 " $1,352,347
earned

surplus,

Jan.

22,410,211

1

Total
dividends

Cash

$.50

in

placement

of

598,483

.

estimated

pulpwood

tarily liquidated

in

cost

excess

inventories

prior

of

the

Consolidated
Before

earned

capital stock

B

After

$22,435,870 $21,283,496
pulp-

•

wood
—V.

pulp-

cost of

excess

V;

•

$0.63

1,

'

.■

\"*'

f: "

$1.36

-

'
,

v:;

•

>

f

s

$0.63

1395..

-.

-

•;

replacement

170, p.

•/-

t

,

.

for

,

The

company

$450,000
bus

May

on

25-year -3%%
Co.

2

authorized

was

promissory note

The note

will

be

secured

by

the

ICC

Massachusetts

to

by

a

mortgage on

^

••

V<

to

original plan

v'|,'

a •

Life

Gross

profit

and

on

sales,

amortization

before

etc.,

to

and

$3,333,212

$2,558,080

133,500

117.739

Sundry

—

distribution

Total

$3,466,712

paid,

discounts

Prov.

for

Prov.

for Canadian

allowed,

Earnings

and

—V.

171,

p.

and

than

income

Co. of

and

taxes,

exhaustion

of

of

*
.

Federal

of

tinued

to

since

etc._l

proceeds
writer.

are

to be

to

the $88,000 balance due on the land contract for the
purchase of its National Plated Products Division plant and to pay
$19,000 of notes given for the purchase of certain machinery; and to
use the $260,000 balance for additional
work.ng capital, some of which
mav be used
to reduce outstanding indebtedness.
The warrants will entitle the holders thereof to purchase 120 shares
of common stock per $1,000 of bonds, at an initial purchase price of
$2 a share on or before April 30. 1951.
the price increasing $1"? for
each subsequent year through April 30, 1S55.
The common stock :6fe
traded in the over-the-counter market in which the underwriter has
not been Interested.
The price range for the common stock for 1949
was
1-1% and for the first four months of 1950 was lVa-I3A."
Pro¬
ceeds of the sale of the stock upon exercise of the warrants will?be
added to
working capital and used for general corporate purposes.
The company produces various types of
stampings and assemblies
for the automotive, refrigeration, household - appliance and other In¬
plant;

to

pay

dustries.—V.

171,

1994.

p.

Inter-Mountain Telephone Co.—Increase in Stock-—

rate

16, voted to increase the' authorized
400,000 shares, of which 9§,000 shares
stockholders of record March 33/.sat the
share for each two shares held at par ($10 per .share).

stockholders

The

offered
of

one

to

March

on

190,000 to

stock from

common

has

common

26.—V. 171, p. 1886.

Rights expired April

.

International Packers, Ltd.—Registers
See Swift International Co., Ltd. below.
•

International Paper Co.

With SEC—-x"

as

President

to

pursuant

agree¬

an

provides

9,

30,000

shares

book

(& Subs.)- -Earnings—

the

to

class

that

B

.

the

will

company

stock at

the

sell

Mr.

Cannon

of

five

cents

value

par

a

materials,

labor,

Pulpwood,

etc.-—_—-—

repairs

and

Maintenance

(other than Income taxes)
Outward freight and delivery expenses
Taxes

—■—

years,

Depletion

right of the company to extend it for an additional
to terminate it at any time after the first three

Provision

If

he

be

dies

elapsed.

re-transferred
the

or

The

the

to

rlins

company

is

agreement

agreement

for

at

and

years.

Selling,

U.

1,562,221.
10,463,7601
2,924,262

1,667,091
12,330,447
3,152,299
3,001,063 *
193,615

for

taxes

3,410,974
<
212,768

based on income:
State taxes—
taxes

t

and

7—

and other foreign

—__

2,807,744

7,750,241
2,237,452

16.295.248

Federal

S.

~

—_____—

Canadian

•

'; I
'

111,761,648
60,577,702
60,529,895
7,262,128
8,855,244

115,669,684

—

..

terminated

have

will

V''.•; x $

$

Income

other

and

five

shares

thereof

years

years

^

1950,

Sales

1949

1950.

March 31—

general and administrative expenses—
Depreciation
:
——

such

value

five

its

of

that

and

Three Months Ended

13,814 831

$2.26

$i.yi

8,382,347

underwriters

several

company

named

below,

has

to purchase, at $2.55
stock set opposite its name:

to sell to each of the
such underwriter has

agreed
each

and

severally agreed

a

share,

number of

the

shares

profit

Ne,

♦Earnings

Shares

share—

common

per

dividends

♦After

on

—

preferred stock.—V.

$4

Shares

International Television Corp.

170, p.

2584,

(Del.)—Common Stock
Inc. and Hunter & Co.,

idroQo
10,000

Offered—D. F. Bernheimer & Co.,

10,000

$1,370,420
$3.65

publicly offering "as a speculation" 360,000 shares of
stock (par 10 cents) at 60 cents per share.
PROCEEDS—The net proceeds are to be used for working capital
and purchase of additional equipment and component parts.
...
,
CORPORATION—Is engaged in the business of manufacturing and
selling home television receivers, using 16-inch and 19-inch picture
tubes
Its receivers are sold under the brand name "International.
As of Sept.
15, 1948, the corporation acquired from Minerva Radio
Corp.,
manufacturing facilities, equipment and installations.
These

3 Months

6 Months

Ended

Hill,

&

Pont &

Richards

Piper,

Jaffray

Co.

Dec. 31,'49

10,936,433

19,210,559

1,248,274

403,720

844,554

Inc.

266,570

Burgess

$656,045

$5.94

possesses

its

ruled

Court

paramount

of

the

income

date.—V.

on

all

171,

June

rights
the

matter

revenue

23,

in

1947

the

that

arising

the

California

has

company

from

con¬

offshore

695.

p.

filed

May

8

10%

certificates of

a

letter

of

notification

indebtedness

at

with
$50

used for additional capital and reserves.

'




the

each.

SEC

The

No under¬

Inc.

&
__:

Ingalls & Snyder_'_
Pearson,

Erhard

Inc.

10,000
10,000

Meeks,

Inc.

Otis

— „——

Co

&

________

10,000
10,000

171,

p.

'

5,000
5,000

&

&

Co.—

Gardner.—

Fairman

————_

&

5,000

5,000
5,000

Willitson

&

Co.—

common

_

facilities

York,

5,000

then

were

Y.,

N.

on

and

two

are

floors

with

located
a

total

at

feet on the fifth floor. The
completely equipped for manufacturing and assembly of tele¬
and facilities include a machine shop, woodworking

sub-permit for approximately 8,000 square
is

receivers

vision

shop

and

paint

spray

shop.

;

authorized

Corp.—Bondholders' Protective Com¬

shares

FILES

committee has been formed to represent the holders
of the first mortgage 4%
bonds during Oct. 1, 1950; J. B. Bernstein,
Chairman; W. S, Rossbach; S. J. Levy; with I. J. Palestin as Counsel
and R.
—V.

following

B.

'

offering.

mittee—
The

corporation
which 600,000
present stock

capital stock of the

shares of common stock (par 10c), of
had been issued and were outstanding prior to the

consists of 1,000,000

Hotel St. George

Street, New

238 William

manufacturing,. office and

space

CAPITALIZATION—The

O,»

now

of approximately 44,000 square feet..
f.<
The corporation now has a permit for approximately 22,000 square
feet on the third floor at 238 William Street, New York, N. Y. and a

storage

plant

Co.,

Inc.

R.

5,000

&

Harris, Ink.
Strader, Taylor
J.

1784. '

Co.—

Co.—___

&

Reddoch &

Reinholdt

10,000

I

—V.

Law

M.

Sills.

&

Co.,
8,000

Hickey & Co., Inc.
Jenks, Kirkland & Co,„
Space

8,000

&

_

Dempsey-Tegeler

Lane,

8,000

_

A.

Johnson,

8,000

Middlebrook,

10,000

—

8,000

Leith—

10,000

$1,573,182

$2.43

&

Coburn

10,000

Co.——

and

Co.——

Co.,
158,802

Co

&

are

10,000
Blosser_;

&

Atwill

25,000
20,000
20,000

—15,000

Southwest

Co

Scribner

Cruttenden & Co.__10.000

properties
425,373

Singer, Deane &
Straus

Boyce.

Son____

25,000

and

&

&

Scherck, ' Richter

25,000

Bros.

Ferris

Rupe

30,000

25,000

Co

&

Draper, Sears & Co.—__
Kalman & Co., Inc
Perrin, West & Winslow,

Ended

pro¬

clarification
from

on

follows:
Division

to use the proceeds of the bond sale as
discharge a mortgage on its Industrial Stamping

proposed

$63,000

841,321

Tex.—Files With Securities and Exchange Commission—
company

is

It

May

on

Dallas

Harris Service Mutual Life Insurance Co., Fort Worth,

The

15 filed a registration statement with the
SEC covering $500,000 of first mortgage 5%
sinking fund bonds due
1967
(with warrants to purchase 60,000 shares of common stock),
due Nov. 1, 1967.
P. W. Brooks & Co., of New York, is named as the underwriter.
The
bonds are to be offered for public sale at 100% of principal amount,
with a 10%
commission to the underwit-r.
T
company

Rauscher, Pierce & Co-

30,147,043

and

Supreme

that

covering $30,000 of

Mfg. Co.—Registers With SEC

Industrial Stamping &

105,000

$3.42

S.

exclude

operations

L. Strauss, until
recently a - member of the U. S. Atomic
Commission, has been elected
to the board of directors,
increasing Its membership to nine.
> '
Prior to his
acceptance of the atomic energy post in 1946, Mr.
Strauss had been for many years a financial advisor and banker for
the corporation, Hiram S. Rivitz, President, said.
Mr. Strauss was a partner in Kuhn, Loeb & Co. from 1928 to
1S46, when he retired from all business activity and disposed of his
investments to devote full time to his work with AEC.—V. 171, p. 1568.

Energy

105,000

$2,229,228

Pending

<*^';

Industrial Rayon Corp.—Strauss a Director—

Co

$21,394,865

oil reserves

Government

tidelands.

-

1994.

Clayton Securities Corp.
Hayden, Stone and Co.

Mar. 31,'50

per share

U.

underwriters

above-named

further

agreement

First

income

NOTE—The

94,797

Lewis

<

engaged

'

Net

the

which provides that beginning not later
he is to devote his full services to such office, at

May

Putnam & Co

Earnings

above.—V. 171, p.

Co.

Gas & Electric

American

$134,246

Co.—Expansion—

Indiana & Michigan Electric
See

..

•

Shields

exps.,

for abandonments

depletion

56,174

150

142,506

1,132,121

taxes

Mar. 31,'50

general

and

Intang. development costs
and

$139,472

29,572

820,637
-f-'

.

255,438

$34,049,917 $12,155,051

operating income

vision

$41,512

23,279

charges

171, p. 1261.

*

.

208.639

California—Earnings—

Period—

Wear

$55,244

income-

oper.

after

—V.

similarly buy for investment and not with a view

was

Hopwood

income

169,846

$1,097,539

899,704

$4.94

Federal

Ended

Federal

President, viz.:

1950,
an
initial yearly salary of $15,000 and a subsequent salary as may be
determined by the board of directors of not less than $15,000.
The

1261.

operating

48,263

<

193,236

9 Months

Costs,

the conversion of flass A stock,
par
to two underwriters and

1,

Aug.

Stein

Gross

60,330

1

50

296,434

share.

common

Hancock Oil

Each

owns;";

$2,675,819

etc

amortization

.

per

150

298,870

$1,844,371

depreciation

•'/5Net profit'

$1,203,172

50

$414,434

•

dated

Francis I. du
■

at

each

and

thereof.

Cannon

of class A

Interest

$372,361
1 282,536

_

1,416,294

amortization-

now

stockholders will

the

subject

$3,974,374

1,447,346

Corp.

UNDERWRITERS—The

Oper. profit before deprec.

sold

to E. Lambert Cannon,

by National Research Corp. for the 210,000 shares of class B

(2) Mr.

three

$4,780,558
exps.___

Outstanding
600,000 shs.
$285,000 shs.

the company that it is purchasing these shares of class B
for investment and not with a view to the distribution thereof;
provided, however, that the shares to be purchased by Shields & Co.
may be resold
to the partners thereof, and that the shares to be
purchased by Clayton Securities Corp. may be resold to any one or
more of the three present stockholders thereof, each of which partners

the
1949

depreciation

admi. and general

FINANCING

stock

before

1950 \

PRESENT

600,000 shs.

value)

be

will

.

advised

ment

Co.—Earnings—

_____________

Engineering, selling,

to

and

coffee

*1,000,000 shs,

value).;

par

par

dis¬

has agreed

company

which it

share

Hammond Instrument

($1

(5c

shares

Securities

company

exceed

borrow $600,000 from the insurance firm,
but drastic changes had
since been made whereby the cost of the
building has been reduced. It is expected that the construction of
this building will be completed about June 15, 1950.—V. 171, p. 1784.

Year Ended March 31—

such

will

that business.

in

TO

EFFECT

of

sale

When

22,500 shares of class B stock at the price of 5 cents per share, being
the par value thereof and being the same price as that paid to the

and
.

to

was

Net

Net

were

Greyhound
and will be

now
under construction at Memphis, Tenn.;
equal quarterly instalments in an amount not to
including principal and interest.
y'

in

$10,203.60,
The

Issue

Mutual
a

terminal

payable

and

the
the

manner

Research

to sell to each of Shields & Co. and
of them has agreed to buy from
the
company,
at the time of the delivery by the company to the
underwriters of the 600,000 shares of the class A stock offered hereby,

stock

$1.31

<Jreyhound Corp.—Notes Privately Placed—

Insurance

production

sales, however,

In this
public.

the

National

its entire goodwill

stk.

cap.

45,000

(1) The

50,000

.

appropriation

before

♦Includes 600,000 shares reserved for
tlncludes

.4 wood replacement

account, such

operation,

30,000 shares to be sold at par

31

March

building in the vicinity

a

company.

kept

be

for

GIVING

conv.

498,740

50,000

for excess cost of

commercial

Class

re¬

years.....

surplus,

will

ready

Class A

involun¬

share:

appropriation

2,423

prop

oper.

$1,099,738
2,199

$1,211,595

746

Operating taxes

The

is

own

the

of

approval

name

is

it

Authorized

Clayton
Earnings per

the

to

its

plant

CAPITALIZATION,

paid $.60 per share in 1950 and

1949—

plant,

20,479.889

$23,084,358 $21,832,236

Appropriation lor

of

$373,107

---

Operating revenues
Rent

1950—3 Mos.—1949

1950—Month—194 )

its

organized in Delaware on April 6,
the business of producing and selling
license from National Research Corp.
to operate a plant which will be in¬

the

as

to the company

convey

Consolidated

•

$415,325
831

rev._

oper.

Operating expenses

for

intended
that National
heretofore to produce at its pilot plant and

of

continue

and

company's

$2,152,347

sale

^/

a

crystalline coffee for its

subject

product

under

intends

completion

soluble
be

to

in

engage

company

of

amount

the

considerable

a

•.

equipped by National Research in

will

Research

1950

(net)—_..

for

to

promote

to

spend

Mass.

Pending

-

$944,716

income

to

was

company

intends

It

of Boston,

Companies)

profit

income

Other

order

in

have

„

soluble crystalline coffee

•

Three Months Ended March 31—

Operating

that

will

company

advertising.

stalled and

(Including

present intention of the company to use the
initial plant installation and equipment at an

$400,000, and the balance of the proceeds as working
capital and for such other corporate purposes, including possible plant
expansion and purchase of plant building, as the directors may deter¬

Initially

Great Northern Paper

the

is

follows:

estimated cost of

BUSINESS—The

•.

cents

Boston.

proceeds as

mine.

and for

2436.

p.

below.

Oil Co.

Indiana Associated Telephone Corp.- -Earnings—
Period End. Mar. 31—

any

PROCEEDS—It
net

The notes

Indebtedness

term

output

170,

of

Bank

America and

Great Lakes Oil & Chemical Co.—New Name—
See McClanahan

18

entitled, and is convertible into class B stock on a share-for-share
basis, subject to adjustment in certain events.
Transfer
agent for
the class A stock is The Merchants National

placed through Glore, Forgan & Co.

loans,

of

be

of

the Guardian Life Insurance Co.

addition

dividends

preferential

to

fiscal year.f- It will also be entitled to participate
with the class B stock in all other dividends,
The class A stock may be redeemed in whole or
part at the option of the company at any time upon not less than
days' notice at $3.25 per share, plus any dividends to which it may

30

Steel Co.—Notes Placed Privately—John

with the Prudential

Proceeds

entitled

equally, share for share,

the Board, on May 12 an¬
nounced that arrangements had been completed for the
private placement of $5,500,000 334% notes due May 1,

were

Completed.—V. 170, p. 1495.

except stock dividends.

Chairman

Marshall,

is

stock

A

extent earned in

in

1965

class

share before any further dividends (other than stock dividends)
declared, such preferential divdends to be cumulative only to the

per
are

changing the par value of the capital stock from $10
2V2 shares of new $4 stock for each $10 par share

and issuing

Granite City

un¬

(par

1,500 shares of common stock

made May 5 at $25.25 per share, less dealers' dis¬
of 50 cents per share, through Blyth & Co., Inc.

was

Operating revenues

787.

p.

•Holiday Brands, Inc.—Class A Stock Offered—An

,

Secretary of

May

on

170,

,

outstanding.—V. 171, p. 1886.

N.

Board.—V.

the

The

certificate

$1)

.

recently succeeded Harold M. Tillinghast as Chairman

derwriting syndicate headed by Shields & Co. and Clay¬
; ;y ton Securities Corp. on May 17 publicly offered 600,000
shares of class A convertible capital stock (par $1) at
Ef$3 per share. The offering was oversubscribed.

fective—
A

$191,133

—_

Uncollectible

SEC

bank loans.

15,151

'

(R.) Hoe & Co., Inc.—New Chairman Elected—

Springs, Colo.—Files—

Corp., Colorado

15,443
$147,446

etc.)—__——

Hugoton Production Co.—Secondary Offering—A sec¬
ondary offering of

for

171, p. 849.

Neil P. Cullom

Golden

provision

count
—V.

underwriting involved.

No

accounts,

loss

Net

are

per

working

(discounts,

covering

11

share and 10.000 shares to employees
proceeds are to pay for expansion program

The

to

filed

was

29,623

$175,987

(disct., int. and sundry income).

deductions

invested

company's

working capital.

BUSINESS—Corporation with its subsidiaries is one of the largest
organizations engaged in the consumer finance (small loan) business.
At Dec. 31, 1949, its outstanding customer notes receivable amounted
to $207,125,905 and represented 1,064,332 loans.
Business is conducted
through 499 branch offices situated in 339 cities of 29 states and
eight
Canadian provinces.
The company s gene.al ofiices are in
Chicago.—V. 171, p. 1785.

1357.

p.

(H.) Gloeckler Associates, Inc., N. Y.—Files With SEC
A

49,562
$132,003

•At

the

the proceeds to be used to increase

capital base,

Hires Co., Philadelphia, Pa.—Earnings—

6 Months Ended March 31—

Net

broaden

will

financing

PURPOSE—This

below.

4,284,779

(Charles E.)
income

Net

Divs.

fund

approximately 50 years.

Higbie Manufacturing Co.—New Name—
Co.

1950.

preferred stock is subject to annual retirement through a sink¬
beginning in 1951 sufficient to retire t_e wlune isoue in

The

See McAleer Manufacturing

issue of 100,000 shares of $100

a new

preferred stock at $102 per share plus

4%

accrued dividends from May 15,

171, p. 1784.

ing

$7,435,196
232,370

$652,293

Miscellaneous

publicly

value

par

April 29.'50 April 30,'49 April 29,'50 April 30,'49
$18,017,386 $18,657,633 $83,389,624 $82,915,547

;

sales

—V.
Net

52 Weeks Ended

Quarter EndedPeriod—

.

16 offered

Co.—Quarterly Sales Slightly Lower—

12 Mos. '50

$16,439,953 $14,354,873 $63,025,596

5

(2097)

Ittelson, 292 Madison Ave., New York 17, N. Y., as Secretary.

170, p. 1699.

on

stock

A group of

Finance Corp.—Preferred

Stock Offered—

underwriters headed by Lee Higginson Corp.,
Kidder, Peabody & Co. and William Blair & Co. on May

SEC.—A letter

Co.—Invitation for Bids—

•

Bank;

received by the company at The Chase National
of the City of New York, 7th floor Conference Room, 11 Broad Street,
New York, N. Y., up to 11:30 a.m. (EDTf on May 22 for the purchase
from it of $3,000,000 first mortgage bonds due 1980 and 275,000 shares
of common stock, $3.50 par value.—V. 171, p. 1394.
will

be

;

with the SEC
360,000 shares of common,

of notification was filed

10 covering the abovementioned
(par 10 cents).—V. 168, p. 2432.

Interstate Power
Bids

Household

WITH

May

The Commercial and Financial Chronicle

(2098)

Investors Management Fund,
The

company

Covering
Jvang

May 10 filed

on

Co.,

New

York,

N.

to be offered through Hugh W.
distributors for the Fund.—V. 169, p. ;

Y.,

Iowa Power &
United

See

Light Co.—Stock Distribution—

Light & Rys. Co. below.—V.

Iowa Public Service
The company,

Commission
-ierred

to

stock,

The

at

the

issue

$100

to

$102.75

of

shares

sell

to

$100

cumulative pre-

value

par

•

share.r—V.

per

171,

bidding

of ? 100

per

stock

1994.

p.

to

company
used

York

for

State

P

Commission

S

$2,000,000

issue

promissory

plant expansion.—V.

171, p.

6

The

notes.

be

offered

shares

59,422

sale

for

at

competitive

Lake

Sulphur

,

of

outstanding

preferred.

$6

171,

1461.

p.

J.)

Agreement

—

Direct
Net

H.

Eugene

Walet, Jr.,

President, on May 18 announced that certain
the company's existing agreements with the Texas Gulf

Jefferson
■mines

company
to increase the tonnage of
and should
reflect a substantial
increase

Walet

added.—V.

171,

sulp;hur
In

its

it

,

the

Uncollec.

Temporary

1950
transactions!

1949

Net

32,325,060

1,830,855
.1,034,151
$1.77

31

1,294,640
1,027,431
$1.26

Mr.

serial notes, due 1951-1960.—V. 171, p.

Light Co.—Application Dis¬

•

The

Commission

the

purposes

Commission has dismissed for lack of jurisdiction

found

that

the existing
authorized and

originally

See

.

corporation
<3%

system
that

be

only

can

for

gas

the

1150.

used

Awful Fresh MacFarlane above.

The

preferred

converted

into

share

one

of

for

used

stock

—ings of
chase

preferred

the

stock

2,193.5

and

did

and

other

other

acquire

the

stock

to

president and
Besides

its

sale

shares

at

New

(3)

has

minority

provide

which

theretofore

principal

had

Caged

in

Lev

stockholder

sale

on

of

stock

75,000

,

authorized

and

-eight
effect

shares of

2,500

under

2,198.5

the

preferred
which

this

than

newsstands

shares

of

common

the

for

stock

the

17,

1946,

of

stock

company.

$80

preferred

share

on

31,

1959,

magazine.^

of

7,500

a

Maine,
:

tion

1

throughout

the

on

are

of

East

60

United

stock,

7,500
if

is

company

stock,

in

are

and

the

(636

the

undisclosed

was

first

It

is

reported

$75

that

share.

per

distribution
It

is

mortgage loan, held by
duced to $8,525,000.—V. 166,

Link-Belt Co.

of

process

shares

from
were

who

but

it

was

reported

Aetna

Life

that

the

Insurance

common

—V.

171, p.

i

,

a

.

'

Penobscot

reported

to

for

Mar.

Co.

has

16,129,165

series

3%%
in

: -T

population

a

1949.

and

1950

con¬

due

trust

the

to

stock

v
in

1917,

been

adjacent

($10

par

agreed
set

to

will

value)

Pierce,

Peabody

&

area

and

or

290,640

be

to

816 773

used

'A

50,000, units
surance

'

J

'•

Co.

PRESENT FINANCING

Longhorn Portland Cement
Co.—Secondary Offering
offering of 9,000 shares of capital stock (par
was made on May 11 at $22
per share, less deal¬

White & Co. and

share, through
Russ & Co.—V. 169,
p. 1009.

Chas.

Lonsdale Co.—Sales and

price

10.

B.

proved—
Effective

125,157

-

Net

200,000 shs;

_

175.000 shs.

be Issued subject to
tissued in February 1950 to refund
may

debentures

due Jan.

named

below

1,

'

earnings-after

Provision

for

charges

taxes

—...

$3,313,134

$2,698,150

Effective

5975^

on

142,200

23^000

Lakes

*

Earnings per
—V.

170,

p.

May

common

$232,055

share..

2131.




$0 19

$36,755
«n n?

*

application

equal

South

depositor

.

The

new

general

five

unit.

per

wells.—V.

171,

p.

the

to

SEC

for

common

au¬

stock

the

registration

the aggregate redemption
thereupon issue and deliver
preferred at a rate to be

statement

(to

be

filed).

who

instrument

an

its

shares

common

the

for

cash

Middle

to

received;

so

own

and

in

an

in

a

own

at

Middle

the

rate

South

rate

a

will

to

be
;

to

accept

the

Middle

instrument

directing Mississippi
South

South

stock at

common

waiving the cash redemp¬
issue its own common shares

to

number equal to the redemption price divided
thereupon will issue and deliver to the depositor
stock at

common

rate

a

to

be

specified in that

com¬

171, p. 1263.

income

tEarnings

from

(& Subs.)—Earnings-

have
severally
preferred stock

all

1950

L-

sources—.—

■*

Louisiana
and

North

West

income

in earnings, and
tComputed upon the

NOTE—Despite

$2,410,000

968,100

968,000

—$0.49

&

estimated

interests

accruals.

1949

$2,407,000

Z

1

operations

share——

per

depreciation
and

from

RR.

Co.

taxes,

and

and

$0.49

after

after

depletion,

deduction

of

subject to year-end adjustments
number of shares.

same

H.

M.

Payson

&

Co

3,000

G.

H.

Walker

&

Co

3,QD0

tained

of

shares'of

of

each

additional

duction

underwriter.

level

Shares

Lee

Higgihsbn Corp;»_w_._^ 3.C00
M.

Marks

&

Co._

3,000

of

oil

in

very

and

slightly

only

1950.—V.

171, p. 362.

3.000

__

Hotel, Inc., Lyndonville, Vt.—Files With

common

Net

Manufacturing Co.

&

stock

at

$10

sales

Cost

unit.

per

The

of

Net

sales,

profit

was

filed

interest.

171,

with

income

Federal

/ v.-*'

,

Net

an

operation.—V.

170,

p.

Manufacturing

May

on

10

Hospital

covering
Life In¬

"

Amount

:

The

*•"

-

in

Name

opening of business

on

the

Oil

the

Co.—Change

in

opening of business

Chemical
S.

name,

with

Hale,

Ap¬

said

of

Co.

The

Mr.

Detroit
was

stockholders

President,

"Last

the

announced

Stock

changed

have

he continued,

;

per

common

3,106,000

2,348,000

$4,693,065- $3,215,250

stock

(no par)

share_____

100,000

100,000
$3,115,250

1,973,722

—

common

$5,563,250

$4,593,065

paid_^

on

outstanding

j

_—

-

287,755

$7,799,065

1,972,845

$2.33

$1.53

/<__■

753.

sell

shares

on

May

$7,500,000
of

applied

17
of

preferred

first

stock,

the

proceeds

would

be

the SEC for authorization to
bonds, series due 1980, and.

to

mortgage

$100

par.

be offered for

used

to

sale at competitive bidding,

redeem,

«

to pay
may

off $3,450,000 of 2%

serial notes.

at

$110

Temporary

per

share

plus

preferred, and

bank borrowings

be made to effect the redemption of the preferred stock,

any

such

borrowings to be repaid from the proceeds of the proposed financing.—
171, pp. 697 and 1462.

Ex¬

to Great J
the

"the chemical opera¬

Missouri
Offered—A

Pacific
group

RR.—Equipment Trust Certificates
headed by Halsey, Stuart & Co. Inc.

May H) publicly offered $4,125,000 2%% serial equip¬
trust certificates, series OO, maturing annually
June 1, 1951 to June 1, 1965, inclusive, at prices to yield
on

ment

on

May 15.
Hale, is more descriptive of the company's
playing an increasingly important part in

year,"

earned

$5,275,495

dividend accruals, of the outstanding 44,476 shares of $6

Exchange

approved

—

taxes

The bonds and stock would
Stock

Name—Plans

this company

name

chemicals

picture.

on

dividends

p.

taxes

—

company

and

85,000

"l/

Detroit

income

21,559,874

231.831

_____

income

1949

24,673,798
$7,567,234

expenses

Mississippi Power & Light Co.—Plans New Financing

2333.

Co.—Change

State

Common share

Earnings
—V. 171,

and

the

and

before

Subs.)—-

$32,241,032 $26,835,369

operation—

credits (net)

profit

Preferred

SEC

the

Massachusetts

950.

p.

from

Net

——

selling, gen. and admin,

income

proceeds

(&

1950

—

Other

working capital and improvements.

beneficial

Charles

operations,
the

&

$7

closed.

to

will

of

stockholders,

indicate

so

and

of its

minority

yy

at

Ala¬

of

3,000

10 the corporate
Oil

change,
...

number

a

Minnesota Mining

McClanahan

■

Net profit

made

Middle

execute

South

Middle

"Excluding
.

1963.

pansion—

374 255

J._

17

depositor shares of its

income

"Net

60,000 shs.

Exchange
on May 1, the
corporate name of this company was changed to Higbie
Manufacturing Co.
The change was recently approved by the stock¬
holders.—V. 170/p. 108.
'
v

1949

units

at

about

additional

Middle States Petroleum Corp.

60,000 shs.

\'■
at

1950

...

is

of

part.cipatmg

in

6,000

trustee.—V.

following

McAleer

residents
5%

stock

common

drill

to

to

stock

Three Months Ended March 31—

Alexander T. Maclean, 62, President and a director of this
company,
died on May 15 at the Massachusetts General
Hospital in Boston,

Earnings Rise—

Quarters Ended March 31—

will

deliver

Middle

V.

Sales

in

preferred

share

Gross

Massachusetts Mutual Life Insurance
Co.—Obituary-

$2.50)

per

used

the

to

per

shares

.

A secondary

cents

of

pany's proposed registration statement.—V.

Outstanding

215,472

other series

Fen-

Co

for

of
is

to

Laurence

name

registration statement

«2 40

*

per

1950,

of

shares

common

that the issue

10

be

12.50.

and

to

Massachusetts Life Fund, Boston—Registers With SEC

$2,031,249

819,779

cents

1,

substantial reductions i» allowables, net pro¬
liquid petroleum products is being maintained at a
under the
1949
average
and
net
production of
natural gas is substantially exceeding the
1949 average.
Joseph Glass, President, stated that with increasing allowables and
expected
additional production resulting
from
new
drillings it ap¬
peared possible that the record 1949 earnings level would be main¬

number

ferred hnd two Shares of

Mass.,

50

shares

two

that company's

in

the

to

tion

rev¬

-"j/.",'

The corporation on May 10 filed a letter of notification with the
SEC covering 3,000 shares of preferred stock (par $10) and 6,000 shares
of common stock (no par) to be offered in units of
one
share of pre¬
are

22V2

June

aggregate of 400,000 shares of its

an

shares

South offer will

Securities and Exchange Commission—

20,586,706

$34,885,775 $32,169,363

of

50,000
of

.

1785.-

Manor Vail

•>

of

speculation"

a

shares

Three Months Ended March 31—

1949

1569.

discount

"as

share)

May

on.

issue

1,235,000

si 69

v

dividend

a

stock, payable
169, p. 604.

specified in its proposed legistration statement.
Mississippi preferred stockholders who elect

tl.500,000

underwriters

Beane

171,-p.

declared
common

-•

Middle South

offer,

issue

the

Shares

Kidder,

the

value

.

6,000

purchase the

Lynch,
&

of

par

the

$12.50

$2,838,000

_

same

below opposite

forth

or

value.

par

elect, to accept the Middle
waiving the cash redemption
price and directing Louisiana to pay to Arkansas a sum in cash equiv¬
alent to such redemption price.
In consideration therefor, Arkansas

South

issue

ers

to

common

of

the

according to
services and

99,914,

($20 par value!—

of

500,000

•

is

to

$1,500,000

1969

in mortgage,
$1,427,500 principal amount of 4 V\ rlo

Merrill

re¬

297,222

31—.

It

of

Authorized

1958—

bonds

nominal

1950.

1950—V.

May
to

are

of

Louisiana

*

sale

"Unlimited

preferred stock

capital

to

bonds, 2%

1975

stalments

and

on

corporation

specified

obtain

to

through

Maine,

of

"

/

coll.

UNDERWRITERS—The
•

par

offering

'

holders

its

.

limitations contained
'

3Va%

Apr; 2, -50 Mar. 31, '49

Sales
p.

having

sale

northeastern

debentures due Dec., 1,

Common

be

802,000

\

Quarter Ended—

171,

in

without

in

exchange

an

Corp., Union Springs, Ala.—Stock Of¬

is

preferred

price divided by

probably

The

mtge.

ner

company's

Oil

-

stock

betterments

electricity and serves
long and 30 miles wide in Aroostook

miles

and

outstanding preferred stocks of its subsidiaries,
Arkansas Power & Light Co., Louisiana Power & Light Co., and Missis¬
sippi Power & Light Co.
■
Arkansas preferred
stockholders, who wish to accept the Middle
South offer, will so indicate by
executing an instrument waiving the
cash redemption
price and directing Arkansas to issue its common

Property purchase obligation, 3 V\ % due

$18,614,910 $24,143,596

__

•,

120

value,

par

15,

May

May 22,

thorization to offer

construction

and

incorporated

purchase and

Counties

border,

census.

First

the

$1,386,523
at

share
•'

corporation,

generation,

'

$25

' Lockheed Aircraft Corp.—Quarterly Sales
Higher—

"~V.

the

em¬

s

'■

Maine

a

approximately

reacquiring
former

gift, at
purchased
a

1950

1387.

.

complete

mortgage, bonds.

area

—V,.

prop., pit. and equipt.
and Canad. taxes on income.

common

financing,

CAPITALIZATION GIVING EFFECT TO

(& Subs.)—Earnings—

first quarter
shares outstanding

per

for

company's
construction
$2,440,000, of which

to

other
additions
company.'

the

additional

Stone & Co;_
Hornblower & Weeks

Total

'No.

by

Hayden,

.

•MEarnings

used

be

about

at

required

and

of

Common

.

.

proceeds

by

761.

p.

Cost of sales, incl. selling and admin,
exps, and
discts. received, bef. prov. for
depreciation...
Prov. for depreciation of

Federal

will

'generating unit now being built at Caribou,
will be applied to the purchase and installa¬

facilities

an

enues

34^320

income

Pri¬

Middle South Utilities, Inc.—Plans Financing—

case.

stock

this

in

now

to. customers, less disct. and allows.. $18,556,964 $24,109 276
Other income, less
sundry income deductions...
57,946

for

each

in
of

company's Canadian subsidiary
with
a
population of 26,000,
according to the 1940 Census,
accounted for approximately
13% of the consolidated operating

sales

Net

be

transformers

in

1940

the company's $1
par capital
outstanding Dec. 31, -1949, will be

Three Months Ended March 31—

Prov.

will

on

were

further

first

Net

steam

engaged

current

stock, of which 152,135 shares
about

Co.—Securities Placed

stock

directors

corporation

The
sale

estimated

are

balance

meters,

Canadian

conversion

are

assessed
valuation is reported at approxltnately $18,000,000. Prudential Insurance acquired the
building for
investment. The title is due to pass June
1, 1950.
,

•

1954

dividends
the

EXPENDITURES—The

1950

$1,000,000

and

outstand¬

presently

when

Agreements

on

$10

new

of record

The

to

the

"Additional

price

The

31,

$10

common

the

15,
the

on

was

prices
ranging from $21
down to $20.60 per share after

#

State^.

recently voted to sell the 53-story Lincoln Building
St., New York, to the Prudential Insurance Co. of

42nd

2,334,506

at

,

exercised.

May

The

share

per

company anticipates that in order to carry out its
struction
program
it will be necessary later in the year
of

Building Corp. (New York)—Sale Approved—

The

Dec.

from

$1,775,000

distribution

some

I

of

only at par ($i per
prelerred stock and 20,000

preferred stock,

The

Publishers

and

On

1462.

accrued

kw.

and

the

to

stockholders

$20,000,000.

for

COMPANY—Is

by

wholesalers

of

Mid-South

purposes.

approximately

per

America.

25.118,225

effecting this change
Michigan Corporation and

fered—

Offered—

price of $20

a

redeemable

is

before

plus

CONSTRUCTION

acquire

acquired

Lincoln

stock

or

construction

pur¬

5Vi%

The

Stock

shares of 5%%

value at

par

PURPOSE—Proceeds

share, at $80 per share).
If all of these minority
by the company, the number of outstanding
shares will be 5,301.5.—V. 171, p. 1994.

common

Co.—Preferred

dividends.

accrued

Dec.

•

A*

nationally

800

issuance

.is

common

are

at

-tioldi'ngs

Electric

&

Securities Commission

464.

p.

shares

announced

expenditures

to

118,000

of

per

will

by several
Gleason, who is

8.

ployee, officer and director, to whom the shares
pier share, and
1,562.5 shares from two persons,
-

53,082,417

for 336,000 shares of common stock having a $10
The amendment to the articles of incorporation
in capitalization was made effective by. the

It

shares, amounting
working capital. -

Levcrett

distributed

are

more

reserved

are

the

of

$3,985,753
3,389,250

stock

common

shares

The

is presently authorized to issue 10,000
chares of common stock
(without par value) and 250,000 shares of
€%
cumulative convertible preferred stock (par $1).
Of the 10,000

ing

Service

additional 30,000

an

arid

'CAPITALIZATION—Company

<

3,153,391

$935,759
700,159

bama

hold-

to

Pittsburgh Coal Co.' below.—V. 171,

activities.

through

than

more

order

publications

Corp.

Gas

of

of

mail

some

Gleason

^Distributing

3,963,951

$1,319,107
1,118,494

income

Merrill Lynch, Pierce, Fenner & Beane head an underWriting group which made a public offering on May 16

of

expansion

advisable

&

Public

Maine

stock.

certain

group of comic
been published

a

by

it

April

titles

principally

(1)

retire

of

holders

common

on

of

to

felt

additional

York

preferred

purposes:

be

basis

preferred

Rochester

cumulative—$20

seven
comic magazines, the corporation issues a
regular line of reprint novels and original books, published at 25 cents
end sold
on
newsstands.
During the past year,
the company
has
issued over 1,000,000 copies of books. The
company from time to time
publishes other types of newsstand books and magazines and has en-

-

See

($1

par

the

on

of

this

of

following
fields;

other

management

in

owned

line

corporation

100

rights and

properties

corporations

the

the

certain

(4)

COMPANY—Organized

the

each

of
to

(the

treasury

shares);

of

for

of

more

extension

25,110,087

24, the stockholders authorized an
increase
150,000 shares ol common stock, no par value,

from

stock

Mahoning Investment Co.—Merger Effective—

Offered—The

at the option of the holder thereof,

stock

stock

proceeds

or

(2)

common

for

m/ay,

common

one

the business;

to

convertible

common

PURPOSE—The
Xe
•

Inc.—Stock

April

share

May 5 publicly offered 250,000 shares of

on

8,745,171
1,007,579

Michigan Public Service Co. — Change in
Stock—-Initial Dividend on New Shares—

electric

share).

per
1

Publications,

cumulative

8,655,290
1,321,532

1569.

p.

Michigan

Madison Gas & Electric Co.—Secondary Offering—A
secondary offering of 7,200 shares of common stock (par *
$16) was made May 10 at $29.25 per share, less dealers'
concession of 50 cents per share, through Blyth & Co.,
Inc. Completed.—V. 171', p. 104.

plant may not be transported unless the Commission,
acting on a
petition which may be filed by Jersey
Central, amends the certificate
-first granted.—V.
171, p. 1887.

Gleason

$11,295,920 $10,688,509 $33,059,791 $31,354,033

charges

171,

shares

•

Lev

revenues—

vately—It

application

'-tor

after

On

of
this
company
proposing the construction of
a
pipeline in New Jersey, it was announced on May 9.
The proposed line would extend from a
point on Jersey Central's
existing system near Old Bridge, N. J., to the company's electric power
f>lant in the borough of Sayreville, Middlesex
County, N. J., and the
natural gas transported
through the line would be used solely in the
electric generating plant.

•

1950—3 Mos.—1949

has

;

.

seven-mile

"

1950—Month—1£>49

$11,338,968 $10,730,299 $33,194,448 $31,478,639
41,039
'
41,790
134,657
124,606

operating

—V.

28,621,169

MacFarlane's Candies—New Name—
Power

1298.

p.

revenue-

oper.

Operating

$45,108,880 $41,795,215

preferred divis.)

and

$40,000,000

entirely completed

Michigan Bell Telephone Co.—Earnings—

Operating expenses
Operating taxes

transactions!

inter-co.

(after taxes

170,

be

to

.

Jersey Central Power &
The Federal

this corporation

end. of June.—V.

the

Bridge—a

world records in the field of marine

two

by

.

missed—
-

earnings

gross

(& Subs.)—Earnings-

inter-co.

(excl.

company's

was announced on May 18 that this companyplaced privately $500,000 of first mortgage bonds,
' '
:
'/•
series C, due 1980, and 2,500 shares of 4.90% preferred
Lytton's, Henry C. Lytton & Co. — Notes Placed Pri¬
stock
(par $100) through A. G. Becker & Co., Inc.—
vately—The company has placed privately through A. G.
V. 171, p. 1887.
Becker & Co. Inc., an issue of $1,000,000 3V8%-3%%

currently

earnings,

(incl.

sales

shares outstanding March
Earnings per common share.
—V. 170, p. 2333.

193.

p.

by

Memorial

Delaware

up

Operating revenues

Net

Common

Lulphur

Co. pertaining to the mining of sulphur from the Long Point
tflome, Fort Bend County, Texas, have been concluded to become effeclive June 1, 1950.
The effect of these amendments will enable the

the

on

expected

Period End. Mar. 31—

j

"

Lowenstein & Sons, Inc.

sales

Total

Amended—Operations Expected to Be Increased—
amendments to

work

——

(M.)

(N.

and

borrowings may be made to effect the redemption of the pre¬
any-such borrowings to be repaid from the proceeds of the

proposed financing.—V,

1149.

Co.

bidding;

redeem, at $110 per share plus dividend

to

the

of

2585.

p.

has chalked

that

schedule

/•

.

would

Quarter Ended March 31—

Jefferson

substructure

to the SEC for authorization to
preferred stock with a par value

new

01

170,

33%

are

are

which/ will

facilities

construction—is

Financing Planned

ferred,

authorized the
proceeds will be

April

on

applied

17

shares

share.

the

accruals,
bank

/New

May

on

90.000

the proceeds would be used

Iroquois Gas Corp.—Note Issue Authorized—
The

sell

.The

competitive

through

stock

the

company
and

we

Merritt-Chapman & Scott Corp.-^-Bridge Contract-

on

The
issue

time,

for

ruhning^at about 60%.
contemplating an expansion of our
increase
our
productive capacity by

chemicals

year

present

20%."—V.

project

further details.

to

plans

about

retired

accounted

company

This

the

chemical

date

that

shares

Louisiana Power & Light Co.—New

Co.—Financing Cleared—

50,000

subject

"At

capital

par

on

of

the

of

business."

23, approved proposals initially to reduce

1569.

p.

May 12, received authority from the Federal Power

on

company

171,

March

on

stock by the number of." shares held in the
and then to increase the capital by the same
as
treasury stock, so that the total capital
shall
remain at
350,000 shares, the number now authorized. As of
Feb. 28, 1950, the treasury-held stock was in excess of 127,000 shares.
—V. 171, p. 361. *
$10

treasury
number

1114.

.

stockholders

The

50.000 shares of capital stock

&

tions

Loomis-Sayles Second Fund, Inc.—Changes in Capital

Inc.—Registers With SEC

registration statement with the SEC

a

Monday, May 22, 1950

...

*.

from

1.50%

to

2.65%,

according

to maturity.

of the certificates is subject to authorization by

Issuance
the Inter-

Volume 171

Number 4909

.

The Commercial and Financial Chronicle

.

Commission.

Commerce

state

.

The

group

awarded

was

Other
&

bids

Hutzler,

from

the

part,

Other

the

purchase

&

Co.

cf

be

Inc.;

,\

group

Otis

&

used

■

R.

L.

Co.;

'

Operating and Federal taxes.,

wnicn

•"?

in

wili

27,892,784

Other

income

24,965,873-

$4,197,940

$3,018,688

539,055

■

Operating income

&

Total

Co.; A. G.
Freeman &

&

Co.;

—

$4,738^995

■

_

Interest, etc., deductions

subsidiaries
All

887,563

$3,554,138*

736,516

,

Co.; McMaster Hutchinson & Co.—V. 171, p. 1888.
Net

Equivalent

Montana-Dakota Utiltiies Co.—Bank
The

the

promissory notes to National City Bank of
The proceeds w.U retire a $500,000 short-term note, payable
bank, and pay part of the company's planned construction

same

1

The

Morrell &

Co.

1965 through A. G. Becker &

privately

a

May 16.—V. 171,

on

company

p

This

announced

15

33.170

June

after

or

May

on

outstanding

shares

at

$105,875

be

redeemed

at

will

it

of

per

will

stock

20

Net

6.75%

all

redeem

suck.

Safe

168,

Deposit &

Trust

Bal¬

Co..

Net

648.-

p.

the

of

assets

,

California

1950,

a

the

Federal

shares

connection
Island

Commission

Power
the

with

effected

is

in

Power

to

prior

the

the

of

received

has

$1,663,793
"91,630

1949

with

connection

will

this

that

creased

$5,497,391

70,846

tion

by Narragansett,

therewith

Rhode

Rhode

on

Island

of

stock

joint

a

Highway
issues

at

3,

X949

until

additional

Hatboro,

pointed

closed

was

Oct.

resumed

the

from

President,

plant

from

not

to

expansion

Pa.,

the

said

that

the

will

to

in

stockholders

The

stock

$1

to

March

on

voted

28

eliminate

and

par

—V. 171, p.

that

hand

on

indicate

the

in

1950

all

2228.

to

no

operating

income ——

of

these

substituted

be

Interest

the

transactions,

net

Island's

Power's

amount

distributable

in

electric, facilities

—V.

6,134,295

171,

oper.

Total

operating

—V.

$11,658,591

3,396,937

11,457,760

$1,059,217

$746,699

$200,831

$16,105

15,903

28,770

43,964

124,950

3Vo%

deductions

(net)

inc.

state

taxes,

*

income

$1,043,314

Deficit.—V.

$717,929

Nete

Cost

of

_—

products

Operating
Other

sold

lexcl.

dcprec.

and

1,847,323

1,839,156

profit

$258,719

of

10,479

15,822

$269,198

deductions

opment

Bids

5%

on

Provision

for

cum.

income

51,830

74.108

31,785

31,881

and

—i_

taxes

profit

40,770

statement

does

results

the

which

of

the

redemption

through
bonds,
with accrued interest to July 1, 1950.

103%')

July

on

1,

first

its

of

1950,

mortgage

notification

filed

was

With

the. SEC

are

to

buy

install

and

May

on

at par

covering

8

($1 per share). The

milling machinery

at

Mai

'.

subscribe

admitted to "When Issued" dealings oar

were

York Stock Exchange at 12:30 p.m., on May 3 and were ad*>
to-regular dealings on May 8, 1950.
They expire on May 22L
and will be suspended from dealings at 12 o'clock, noon, thai

V.•''>•

■,

The

Chemical

Bank

&

Trust

The

has

bank

with

such

has

Co.

authorized

been

subscriptions.—V.

to

171,

been

•

''

appointed

p.

rights

sell

buy and
1995.

y

as

$57,271

the

of

purchase
June

on

collateral

for

Operating revenues
Uncollectible

$11,100,000- equipment

loan

will

be

rolling stock

20,251
$9,412,106
7,334,802
1,090,232

—-

_______

trust certificates

V..' ''v

1.

the

rev._

additional

of

record

common

April

27

subscribed

offered

shares

them

for

Subscrip¬

265,306

$25 50

and

Merrill

Lynch, Pierce, Fenner & Beane.—V.

171,

of

per

p.

after

—V.

the

share.

1995.

;

$8,555,014 $27,267,072
6,574,898
20,579,912
1,054,364
3,480,691

$25,129,87^

171,

Net

sales

of

Cost

customers

to

manufact'd

goods—--

Other

4%%■

on

Divs.

on

82,733

$5,285,820

$2,245,035

232,425

225,543

207,113

625,000

1

'

p.

$3,060,277

800,000

$1,237,923

29,787,857

25,946,903

15,856,991

$29,007,181

$17,094,914

_

cumul. pfd. stock

stock

surplus

170,

%

2,000,000

$849,674

$30,637,531

—

$987,072

$925,752

$3,206,469

$2,841,802

807,090

728,548

2,645,495

2,259,145

1995.

Ltd.—Acquisition Financed—

wholly-owned subsidiary of International Utilities
1949 purchased from Imperial Oil, Ltd., for $2,j»
890,900, substantially all of that company's interest in gas reserves in
the Viking-Kinsella Field, increasing ownership or control from 52%
to over 94% of proven natural gas reserves in that field, estimated at
more than
600 billion cubic feet,
^
'
This

company,

a

December,

in

The purchase was
due

Sept.

1969,

1,

financed by private sale of $3,000,000
payable in annual installments from

The

^

31

31,

has

of

SEC
the

corporation to Arvin Industries, Inc.

will be

effective- at

resulted
not

extent

New

to

York,
of

issue

and

sell

to

during the period
2'/4%
promissory

Of

the
a

proceeds

like

Iroquois

Gas

proceeds

for

The

of

amount

would

be

Corp.

the
of

of

to

The

their construction

borrowings by the




two

$1,500,000

Pennsylvania

purchase

iBuffalo).

Commission.

issue,

note

notes

used

and

a

two
gas

be

also

used

to

pur¬

( Warren i,

amount

subsidiaries

storage

subsidiaries

will

Gas Co.

like

of

notes

would

use

and
of
the

programs.

were

authorized

by

the

close

of

business

on

July

Shoe

Co.

—

Notes Placed Privately—The-

has placed privately $1,600,000 2%%-3% serialnotes due 1951-1966, through A. G. Becker & Co. Inc., it
was announced on May 19.—V. 171, p. 106.
Ohio Associated Telephone

from

the

fact

that

the

on

same.

In

our

been

brand

name

firm

our

order

the

to

name

and

capitalize

change

is

our

to

being

Uncollectible

Co.—Earnings—
1950—3 Mos.—1949

1950—Month—1949

•

$309,736

$925,428

811

2,058

$309,050
261,874

$286,455

$923,370

$870,201

221,903

798,422

657,561

24,719

oper.

$287,266

686

32,573

71,639

$22,457

$31,979

$53,309

6,976

Operating revenues

16,479

8,578

rev._

$872,633h-

2,433.

3.

brand

the

name

have

possible
Glenn W.

fullest

proposed,"

Light & Power Co.—Hearing—

announced the issuance of an order scheduling
for hearing on June 13, 1950, the various applications for fee allow¬
ances and expense reimbursements in connection
with the proceedings
incident to the liquidation and dissolution of this company and re¬
lated

SEC

on

May

6

matters.

aggregating $2,352,825 plus
for expanses.
Also to be
considered at the hearings are payments of fees and reimbursement
for expenses,
aggregating $646,776 and $6,871, previously made and
concerning which no applications for approval have been filed.
It
should be noted that most of the claims are made against Light &
Power
and its parent,
The North American Co., although some are
made against Light &
Power's former subsidiary, Illinois Power Co.
—V. 169, p. 2422
—
an

$2,000,000

1974.—V. 164, p. 2696.

15,

Nunn-Bush

Operating revenues
Operating expenses

Operating taxes
Net oper. Income—,—
Net

after

—V.

charges—.—

105,50V

$107,135
71,514

1571.

171, p.

Thompson, President of the firm, said on May 16.—V. 170, p. 2228.

The

notes.

chase

the

The change, if approved,

"Through the years Noblitt-Sparks Industries, Inc. has spent millions
dollars in publicizing the name 'Arvin',.
Arvin products have been
given wide acceptance, by the buying public not only in the United
States but in foreign countries as well.
However, some confusion has

185,513

$3,500,000

name

of

358,616

of

J

Period End. Mar. 31—

182,756

authorization

City

additional

an

in Name Approved

Noblitt-Sparks Industries, Inc.—To Change Name—

573,784-

$29,884,636 $28,250,640 $16,550,785

received
Bank

1950,

Dec.

The stockholders will vote June 29 on a proposal to change the name

X

North American

National

Dec.

1975.—V.

$2,500,000
171, p. 951.
for

York has been ap¬
of 4% sinking fund

stockholders on April 12 voted to change the company's
Whirlpool Corp., effective July 1, 1950.—V. 171, p. 1360.

2227.

company

Chase

agent

New

Nineteen Hundred Corp.—Change
to

179,111

National Fuel Gas Co.—Bank Loans—

ending

paying

of

The

*

The

The

and

in

Corp.—Trustee—

Company

notes;
$126,000 to
solt»
dua

1951 to $183,000 in Sept., 1968. In addition, the company
Dec., 1949, $5,000,000 first mortgage 3%% bonds, series D,

company

573,784

—

March

trustee

Trust

of this

income—______

net

common

Balance
—V.

174,595

____

surplus

Divs.

$2,162,302

income

surplus Jan.

Total

$5,111,225

$1,707,100

—

Consolidated
Balance

4,305,638

$1,597,982
109,118

__

pointed

Service

Water

Midland

24,729,016

Federal, State and foreign

taxes on

.

4,910,769

—

income

for

York

Marine

debentures, due May 1,
30,378,731

4,495,507
—

deductions

Prov.

$40,400,724 $31,196,957

25,058,129

exps

profit

Total
Other

The

1948

•

purchased

—

income

1949

$31,151,617

and

Selling, admin, and gen.
Gross

1950

New

-

Subs.)—Earnings—

19,100,777
3,187,300

income-

p.

Sept.,

(&

•

charges——.

Net oper.

*

Net

.

valued at $14,223,locomotives and the

at

'[

$8,577,563 $27,341,452 $25,187,634
22,549
74,380
57,755>

$9,432,357

-

revenues—

Operating expenses
Operating taxes

Equipments—

on

-

oper.

Operating

Corp.,

stockholders

272,380

& Co.

National Supply Co.

connection,

in

mine.

Pasa

Rights expired May 12. This left 7,074 shares, or less than 3% of the
offering, to be purchased by the underwriting group wnicn was man¬
aged by First Boston Corp. and included Lehman Brothers, Wertheim

1462.

3 Months Ended March 31—

principal

1950—3 Mos.—1949

1950—Month—1949

Period End. Mar. 31—

Northwestern Utilities,

Construction Department
shownsemi-annually.—V. 171,

are

o»

subscription agent of the utility company for accceptance of sub¬
scriptions for common stock until the close of business on May 22.

-

New York State Electric & Gas Corp.—Stock

include

not

business

of

New

mitted

Redemption

tions—

36,257

$61,155

_

NOTE—Above

operations,
p.

of

for

The
Net-

1,454,610

$167,000

,

.

close

.

$3,209,327

4,333,580

for

22—
the

at

par

The rightp to

560, of which about $8,000,000 will be for diesel
balance box cars and passenger cars.—V. 171, p. 1888.

devel¬

depletion-,

income

$6,378,632

399,137

fund,

record

of

by

1950,

sinking

stock

common

addition, stockholders shall also be entitled to make addi¬
subscriptions for such shares as shall have been unsubscribed,
stockholders or employees, subject to allotment.
Holders ex¬
ercising both the rights to subscribe and the additional privilege must*
make specific request for immediate Issuance of stock subscribed loafs
unde rthe rights to subscribe otherwise such stock will not be issued
until after expiration of the rights.
■
* i for

63,250

83,658

debentures-

plant

and

conv.

the

will be received

$262,767

X—

idle

expense,
etc.)
for depreciation

Provision
Interest

(incl.

of

170, p. 2586..

letter

The
Other

$990,838

1,499,882

New York Central RR.—Bids

$246,945

miscellaneous income

Total

proceeds of the sale of the deben¬

tional

2,946,023

underwriting.

$2,086,101

depl.)

5,563,729

961,843

325,000 shares of capital stock to be offered

$2,106,042

—

announced on May 16.

was

the net

held, v In

1950^-3 Mos.—1949

$2,185,057

income

series due 1974 at

proceeds

1949

No

sales

reported,

Northwestern Bell Telephone Co.—Earnings—

Fireproofing Corp.—Earnings Higher—
1950

Debentures-}*

giving interested persons until May 29>

order

an

•*-.
on

1950, have the right to subscribe at $31.50 for common stock*
value, to the extent of one share for each eight shares-

$10

New Western Industries, Ltd., Las Vagas, Nev.—Files

,

A

National

of

"$108,845

171, p. 1888.

3 Months Ended March 31—

issued

Rights to Subscribe Expire May
May 3,

Co.—Earnings—:

Payment will be made at The Chase National Bank of the City of New

$156,845

v: ,.v v,-:-' Gas Co.—Hearing

,

temporary

as

Holders

1263.

corporation has called

York.—V.
Net

120,210

$1,355,171

New Orleans Public Service Inc.—Partial

22

______

120,210

$992,478

surplus-.
'/'i1'

l,88p,854

—

charges
p.

operation

&

•

expected to be used, in part, for capital expendi¬
for the payment of promissory notes which were
finance of construction.
The company's 1950
construction program is estimated at $51,950,000.

$8,880,028
8,863,923

.

.

date.

$4,143,636

4,138,659

..,

has

previously

issued

$15,611,643 $13,590,115 $45,705,184 $39,910,574
11,545,732
11,637,43*
33,762,823
33,755,224

revenues—

operating

This

Fed.

and

1950—Month—1949

rev._

expenses—

171,

$5,197,876

Other

oper.

taxes

after

Net

'

.

company funds, are
tures and, In part,

)

operating revenue

Net

209,895
$1,475,381

$15,637,496 $13,614,726 $45,775,317 $39,973,020
25,853
24,611
70,133
; 62,446

revenues

Operating

exps.__

revenue—

222;664

____

dividends

1570..

p.

Operating

National Airlines, Inc.—Earnings1950—9 Mos.—1949

declared—.

common

Operating

purchases,

1950—3 Mos.—1949 r-

—

Period End. Mar. 31—

distributes

three

1360.

*

.

tures, together with the proceeds of its sale of common stock to stock-holders authorized by the Commission on May 3, 1950, and general;

$1,112,688

____

'

Net

Total

for

Operating

Providence

located, in

charges

•

New England Telephone & Telegraph

connec¬

'

sale of the stock will be applied to, thd
construction
program.
Gross additions tch
years
1950-52 are estimated at $58,009,OOU)

debentures, due 1953-1970, it

46,807

6,610,629

supj

request a hearing upon the application of this company for authori¬
zation to issue and sell, at competitive bidding, $40,000,000-of serial,

$7,819,571

taxes

dividends

dividends

Balance

Uncollectible

are

Federal

be

to

•4vl

*'/v:

transmits and sells elec¬
electricity in Providence,
Bristol, Washington, Kent and Newport Counties, R. I.—V. 171, p. 753.

Period End. Mar. 31—

before

Preferred

liquidation.

County, R. I., and the company
tricity for resale.
Narragansett

other

and

Balance

Island

Rhode

for

and

is

the

from

the

p.

As

Operating expenses

share

new

one

price

to

$7,772,764

$7,945,982

;

of

rate

subscription

Blyth

Inc.;

company's

for

171,

The SEC

171,717

the

at

The

amendment.

the

:/:■

1949«

$7,774,265

revenue.

earnings.

gross

by

proceeds
of

stock.

England Power Co.- -Earnings Decline1950

shares

held.

then

by

—V.

common

par

preferred

any

2

additional

shares

property

the

to

at

the

for

six

supplied

change

Co.—Registers Witlx

Service

12 filed a registration statement with the
shares of common stock (no par).
1
to offer the holders of its outstanding, com*
p.
m.
(CDST) on May 29, 1950, the right to.

Northern Natural

Gross

& Tracy

May

on

record

each

cost

Changed—

reference

Howard Green, a Viceand Shields & Co.,

by T.

Rogers

& Co., Inc., and Merrill Lynch,
Pierce, Fenner & Beane have been named as the principal under*
writers.
The underwriters will acquire unsubscribed shares. The. public
offering price of these shares and the underwriting terms are to be

1263.

Other

Total

share)

per

proposes

amendment.
Central Republic Co.,

volume

same

of

mon

plied

the

this

of

Three Months Ended March 31—

in

$22

and

422,000

company

subscribe
for

in¬

now

p.

oper-.

said he anticipates
of the Cathode Ray

1950

through

168,

that

and

1950,
He

plant will be
month in the near future.

per

orders

sustain

a

9,

1950.

capacity

55,000 to 70,000 tubes

operations

due

13,

company

covering

The

Net

Rhode

of

(between $20

"$91,360

that the company's
labor dispute over

out

March

to

March

Nehl Corp.—Par of Common

New

application

Chicago—Files—

Securities and Exchange Commission—

1949

$310,383

during the first quarter.—V.

were

proposal.

the

will

Utilities

Continent

North

and

951.

"40,601

1950

taxes_._

Meinken,

Meinken

Mr.

merger,

a

price

The
C.

Plant

•

held

stock

common

171, p.

Northern Indiana Public

were

due

Tube

Narragansett will pay $949,327- to-Rhode Island, Power, subject to
adjustments.
This amount will be paid by the cancellation of all
Rhode
Island's
indebtedness
to
Narragansett;
the
assumption
of
Rhode
Island's
liabilities; the payment of expenses incident to its
liquidation; and the payment of the balance either by an obligation
or
by crediting on Rhode Island's outstanding shares of capital stock,
all

new

President, through Faroll & Co.,
Chicago.—V. 152, p. 1137.

1948

name.

same

common

consummation

Narragansett

says,

the

of

A letter of notification was filed with the SEC on May 10 covering
up to 2,000 shares of common stock mo par) to be sold at the market

loss.

ations

addition, Rhode Island is proposing to acquire from ET&ckstone
Valley Gas & Electric Co. three transmission lines in Rhode Island,
two by lease and one by purchase.
These three lines have heretofore
been leased by Rhode Isiand Power.
In the event the proposed liquida¬
application

Issued under the recapitaliza¬

toil be

Continent

of North

stock

Northern Illinois Coal Corp.,

v
;

1949

In

tion

Coal.

It

31, 1948.
distribution, North Continent Utilities will have only one
Great Northern Gas Co., Ltd. The 64,616 shares of new

dissolved.—V.

be

SEC

as

through

merger
into this company
of Providence, R. I.

proposed

Power Transmission Coi,

Ice

Denver

company-will be divided between its preferred and commoh
with preferred holders to'deceive 67.45>: and common
holders the remaining
32.36%. After the Great Northern Gas Co.
properties are sold, the proceeds are to be distributed among the

.

310,383
■

taxes

profit belcre

"Net,

Narragansett Electric Co.—Proposed Merger—
The

and

Co.

this

holders

$500

$2,485,747
__

31—

before

company's

acquire,

to

of

company

501,994

merger,

Dec.

;

Under the
issued
in exchange for all the outstanding stock of the predecessor.
A total
of 112,000 shares were also issued to acquire
56,000 shares of TeleVogue, Inc. common stock.—V. 171, p. 1669.
of

terms

Gas

stockholders,

loss.

^...Kenneth

;

working capital.

April.

in

of

<

693.

p.

1950

-

Quarter Ended March 31—

pf common stock (par $1) at $3 per share.. The issue was
quickly oversubscribed.
COMPANY—Organized

170,

$7,455,156

profit

economic

lor

distribution

stockholders.—V.

taxes

before

Ended

McCarter

used

the

Falls

,

"Net

on

Chicago—Stock Offered—Kebbon, McCormick & Co., on May 11 publicly offered 400,000 shares

be

to

Great

of

tion of that
;

liquidation and
National Union'

of
of

initial

an

_

profit

Net

author¬

its

prefeired

prior

Muntz TV Inc.,

PROCEEDS—To

made

was

notes,

Sales

share.
the

20.—V.

share

20
approved a plan
provision- for payment

interest

.—

Year

timore, Md. -The amount to be paid for the stock represents the
redemption price of $102.50 per share and $3,375 lor aceuinu.ai.fcd and
unpaid dividends to June

of Dec.

After

subsidiary,
common

Jan.

on

making

special

Quarter Ended March 31—

Mt. Vernon-Woodberry Mills, Inc.—Calls Stock—
and

After

Corp.

per

Sales

•

The

$0,74

"

;

National Union Radio Corp.—Shows Profit—

$5,000,000 15-year 3%
Co., Inc., it was
1462.

has placed

note due

ized

*, .v

stock

Note Placed Privately—The

—

company

announced

SI.01

—.

■>

stockholders

Mortgage
cash

.(John)

share—

per

1462.

dissolution.

for 1950i—V. 171. p. 1570.

program

to

p.

$2,317,672-

National Union Corp.—Votes to Dissolve— J.

$3,000,000 in 2Vi2%

New York.
to

—v. 171,

$3,849,432

.

has been authorized by the Federal Power Commission

company

issue

to

Loans—

_.

follows:

as

common

Storage Co. will be distributed among, preferred stockholders of North
Continent Utilities,
along with 35.38%
of the outstanding stock' of
North Shore Gas Co/, and all cash held by North Continent Utilities
as

income

r

Judge Paul Leahy on April 4, signed an order in the United States
District Court at Wilmington, Del. enforcing a supplemental plan in
connection with the dissolution of the company. The plan calls for the
distribution* among preferred stockholders of common stocks of three

535,500

-

T

North Continent Utilities Co,—Plan Confirmed—

-

1949

$32,090^724 $27,984;56l'

—

*

Pressprich

W.

Bros.

finance,

to

locomotives

Rothschild

P.

Salomon

railroad

-

are:

ACCOUNT
1950

Operating reVenues

99.115.

the

by

Diesel-Eiectric

new

the

follows:

as

Hail & Co. Inc.

will

30

received

wer

$5,175,553.

members

Becker

sale

of

than

less

not

2%s

and Harris.

99.227;

Proceeds

cost

for

also

INCOME

COMPARATIVE

i

'12 Months Elided March 31—

the issue May 18 on its bid of 99.38.
*

(2099)

17

applications

additional

$82,895

request
as

allowances

reimbursement

Edison Co.—Bonds

Ohio

Offered—Morgan Stanley &

Co. and associates offered to the

public

on

May 18 a new

mortgage bonds 2%% series
of 1950 due 1980 at 102 %% plus accrued interest to yield
of

issue

2.764%

ding

on

Other

gan

Inc.

&

The

May 16
also

101.659;

White

'■/%'

new

1,

was

b:ds

Co.,

101.4523.

May

The offering was oversubscribed.
awarded to the group at competitive bid¬

maturity.

to

The issue

Co.

first

$58,000,000

'

its bid of 101.74.

2%s

The

Weld

were

First

&

received as follows: Halsey Stuart 8*
Corp., 101.6199; and Glore, Forand Union Securities Corp. (jointly!;

Boston

Co.,

'

bonds

1951

on

for

and

are

redeemable

thereafter

at

at

105 Mj%

prices

if

redeemed

decreasing

to

the

prior to

principal-

8

The Commercial and Financial Chronicle

(2X00)

amount

redeemed

If

after

or

on

PURPOSE—Proceeds

tale

the

of

the

of

redemption

Special

1977.

1,

May

prices range from 102
to the principal
ah' improvement
and sinking fund.

Oxford

The bonds have

amount.

Three
Gain

bonds, together with treas¬

from

Other

cash, will be used for the redemption and retirement of the
outstanding $58,600,000 principal amount of long-term debt of Ohio
Public Service Co. assumed by Ohio Edison In connection with the

Pacific Telephone & Telegraph Co.- -Earnings—

Paper Co. (& Subs.)—Earnings—

Months

March

Ended

$1,328,981
/>rl8,315

operations before depreciation

income

1949

1950

31

(net).

Period End. Mar. 31—

the

or

merger

Net

mortgage bonds—

3%

2%%

—V,

1944 due

(Sept. l)
of 1945 due (Apr. 1)
of 1948 due (Sept. 1>

series of
ser.

3%%

ser.

2%%

stock

4.40%

series

-

series

3.90%

(par

__

stock

Common

($8

ACQUISITION
of

ment

pari

—

electric

an

in

engaged

company

the

State

Ohio

of

$366,369

;.77'-;'-;>7 c:777;::7.

writers

Cities

to

of

Edison,

of

such

underwriters

with

the

$35,000,000

of

underwriters

such

7

operations

and

the

by

offer

an

stock

common

holders

the

to

the

of

to

from

1950

Net
Net

.

SEC

the

remaining

1,000,000

on

for

and

$1,773,810

$l,878v559

1,730,190

1,835^388

Service, for each share thereof,
of common stock of Edison plus 7/100ths of

$43,620

thereof.

Thereafter

stated.

above

'/

Federal

for

Public Service
;
*• ■

or

A

taxes

17,384
Cr29

8,600

865

232

The

period

$26,784

—

.7- !/>.-

•;

.

Gas

Electric

&

Co.—To

Issues Bonds—

of

the

offer

last month

Gross

operating

Operating
Net

Miscellaneous
GrosS

7

—

at

York, N.

New

1964,

the Guar¬
Y.—V. 170,

began

soliciting

purchase

of

the stock¬
for the

consent of

the

outstanding

warrants

a

This

other, income

and

deductions

Cv:

.

.

,

York

Proposed

—

Palestine

Corp.

Ltd.

recommending to

are

merger

a

to the

171, p. 1787.

(J. C.) Penney Co.—Sales for April Off 6.16%—
Period End. Apr. 30—

•

1950—Month—1949

,

1950—1 Mos.—194S

•

/

Sales

71,600,344

—V.

171, p. 1571.

371,180

36,780,213

1

11,333,203

*.

76,299,643 231,116,969 235,772,135

•

Pennsylvania Salt Mfg. Co.-—Increases Regular Divi¬

dend—Preferred
The directors

share

per

on

the

on

Stock

May

Called—

declared

17

common stock,

Officials stated that

June 5.

-

,.

dividend

quarterly

a

payable

of

40

cents

15 to holders of record

June

if conditions

warrant it,

this

same

divi¬

dend will continue to be paid

in the first three quarterly periods In the
place of the former 30 cents.
No change is anticipated in
the policy the company has followed lor some years in declaring a.
larger dividend' for the fourth period if profits and other financiai
future

in

conditions make

.*
'•
all the 42,700 outstanding con¬
3l/2% series A; cn June 20 at $103:40 pershare.
Each share may be converted into 2y2 .shares of commoD stuck
at the holder's option, ;
-

for 12 months on all outstanding
except the 5% redeemable preferred stock issued in.5
Dividends on tbhr stock for the full period outstandingwould Increase total dividends by $208,333. - -;**
J.

possible.'

preferred' stock,

-

If

preferred owners convert

on or before June 5, they will receive
15 dividend on their common stock, equivalent to
their preferred shares.
The conversion privilege ex¬
pires at the close of business on June 19, 1950.
;
'' ' • <
"
'
v
J. P. Morgan ft Co.,. Incorporated, of 23 Wall St., -New York, haw

1948.

the increajjed June

$1 per share on

FINANCING—To

aid
in financing its large
construction program
Feb. 1, 1950 issued > and sold at a premium 1,500,000 ;
redeemable first preferred stock, with an aggregate
par
value of $37,500,000.
Of the amount received 428,000,000 was
used to repay
temporary bank borrowings made late in 1949 and
early'this'year. .
,
,
,
7,
,
A Additional equity funds were made available through an offering
at
$30 per share of 1,'656,156 shares of 'common stock to common 7
stockholders of record March 14, 1950, in the ratio of one new share
for each five held.
This offering, aiso-met with an excellent reception,
1,613,464 shares, or 97.42% of- the stock offered, being taken-through 7
the exercise of subscription rights.
The remaining 42,693 shares wfrre'
the company on
shares of 4.80'7

been appointed conversion and redemption agent.»
There are at- present about 768*200 shares of• common stock out¬
standing out of 1,500,000-shares authorized..
;
.
«.'<>
-

_

The company recently reported profits of $941,116 for the first quar¬
ter of 1950, an increase of 80%-.over the same period last "year and thw'

,

Folgeiv Nolan Inc.
1.000,000
Chas. W. Scran ton ft Co. - 750,000
Goldman; Sachs-4s Co... 3,900,000 j Sills, -Fairman ft .Harris
.
H&rriman Ripley & Co., 7
"
r ' Inc.
7 250,000
purchased by a nationwide group of investment bankers who under¬
Inc;
3,900,000 * Smithi Barney ft Co.
3,900,000 *
wrote .the issue.
■'
7;. ,,!7
'i -*;■'•
V-7■>-. -/ .7"Bayden, Miller & Co... " 750,000 ' - *" £'■"-iy*
v Approximately $49,000,000 was received. fr.om
the sale of this com¬
—Vv 171, p. 1995., /, ;.7vA;
>4^'" *
4=:,'it'
mon stock, bringing to almost $100,000;000 the amount realized by the ;
company within a period of
three years from, four offerings of-Its
r Ohio; Public- Service
Co.—Merger Effective— 7 ■ ^ 7 7j
common
shares.
■
•7
" 7* ' -'
; :7-" '/ '
7"'
7
«See Ohio Edison Co. below.—V. 171, p. 1463. 77"' <"r
Through the sale of these and other security issues since 1945,7
'"7 7
augmented by funds available out of income from appropriations for
depreciation and from other internal - sources,, the company has now
Oklahoma Gas & Electric Co.—Bonds 'Offered
A
successfully financed almost • thre'e-fourths»of the a mount required
group headed jointly by Merrill Lynchj-Pierce,-Fenner 7 by its vast postwar expansion program covering the six years 1946 •
Beane and White, Weld & Co. On May 17"publicly
to 1951, inclusive.—V,. 171, p. 1996.
J
' 7': ' '

this

also called for redemption

The board

vertible

stock

preferred

New

of

of their banking interests by the Palestine
Palestine Economic Corp. 900,484 shares at par.
The Issued capital of the Palestine Corp. is accordingly to be increased

7 /This amount represents dividends

JUly

Corp.

corporation and the

their shareholders

36,409,0^3

244,663

44,962,115
12,171,507

——

Economic

Corp.'s issuing

1949

44,717,452

income

1360.

Merger—

174,252,381 174,266,804

taxes..

outstanding warrants for the purchase of 9.560
D. Thomas, Jr., who rejected the company's
that he may sell them in the open market.—V.

Howard

Palestine

7, $
$
218,969,833 210,675,837

revenues....

income

interest

Bond

and

expenses

operating

7

7.

■

revenues.—i

also

by

indicated

to £1,535,000.—V.

1950

-->'77777

V.77-7;;.7;77-.: ,777:

■

'• 7

,

debentures

temporary

lor

140 Broadway,

1,

due June

sinking fund debentures

exchange

proposed

were

held
and

171, p.

statement covering the proposed issue has been filed
regional office of the SEC and it is expected

Francisco

San

12 Months Ended March 31—

Blyth & Co., Inc...-—7,500,000 » Lee Higginson Corp._-__ 3,000,000
'!
'
Lehman Brothers
George D,- B. Bonbright '■>
3,900,000
? ft
Co.•
200;000 *
McDonald ft Company.
750,000
Caarlc,, Dodge & Co.^..: 1,500,000
Merrill,-Turben ft
750,000 "
DtexeLft Co .;
3 900,000 /
Maynard H. Murch & Co.
750,000 *
Emanuel, Deefcjen fe Co,.:
500,000 ;
Newhard, Cook-ft CO.^_
500,000
Equitable ^Securities
:
1
A 7 : «Prescott, Hawleyv.Sbep- ?
.
>
Corp. wi-.
3,900,000
arde & Co., Inc...
750,000
First* or Michigan Corp.
750,000
Scott & Stringleliow
250,000
—...

Debentures

year.

There

shares

CONSOLIDATED INCOME ACCOUNT

a

_

the

fiscal

of

will be made about the middle of June.
the sale of the pioposed bond issue the company will have
approximately 80% of the new capital required by its six-year
postwar building program covering the period 1946-1951 inclusive.
It
is expected that expenditures for construction during 1951 will be sub¬
stantially less than in either 1949 for 1950..

Morgan Stanley & Co. * .>$7,500,000 ■<» W. -E. Hutton ft Co.__.^$2,000,000
Robert W. Baird ft Co., 7
• -:
' T. H. Jones •& Co.
___
500,1)00
"Ihc.
750,000 •' Kuhn, Loeb ft Co.
3,900,000

,

Definitive

Corp.

price of $7.50 per share warrant. The
exercisable at $7.50 per share and expire on Nov.
I,
total, warrants for 38,500 shares were held by H. A.

are

Of

for

With

7

terms

•

4,676,508

President, and for 5,000 shares by J. M. Spain, Vice-President.
The company will pay one-half of the purchase price of the warrants
in the fiscal year ending Sept. 30, 1950, and one-half in the following

that the offering

'•

bonds,

new

tor

the

to

warrants

$17,073

raised

respective
of

15-year 3'/2%

company

holders

7 Net income transferred to surplus—32,790,608 25,447,010
tinguishment' of and substitution for each share of the 3.90% cumu¬
Dividends paid on preferred stock....—______ *11,050,685
$9,135,754
lative .preferred stock oi Public Service, and the holders of common
Dividends paid on common stock..........^^.
16,561,396
15,080,592
stock of Public Service (other than Edison) became entitled to .548
> Balance surplus
—__—r
; 5,178,527 . ' 1,230,664
(548/1,OOOths) share of common stock of Edison im extinguishment
Average number of comhion shares outstanding
8,280,697
7,540,296
of and subst tution for each share of common stock of Public Service; * '
Earnings per common share—
—_—■
-..-$2.63v $2.16
with a cash adjustment for fractional shares of Edison stock.
The
common
stock of Edicd:1 w s *
7 *Thi$ amount represents dividends for 12 months on all outstanding
t undisturbed by the merger as was '
preferred stock except the 5%
redeemable, series A, .issued in May
the4,40% preferred stock of Edison.
A'A
1949 and the 4.80%
redeemable perferred Stock, issued in Feb., 1950.
7
UNDERWRITERS-^-Tiie
underwriters
named-1 below have severally-;
Dividends on this stock for the full period outstanding would increase
agreed to purchase and the comj any has agreed to sell them severally, ' total dividends by $612,500.
;
•,
in the
amounts set forth below, the $58,000,000 principal
amount

7,472,417

9,276,312

Packard-Bell Co.—Plans Purchase of Warrants—

Cr 118

16,000

income

on

Oil

Western

available

ow

1950.

registration

with

merged into Edison

was

12,397,303
;

ilO.

p.

—

—

has filed with the California P. U. Commission an ap¬
authority
to
offer
for
sale
at
competitive
bidding
its first and refunding mortgage bonds, to be dated
June 1, 1950 and to mature June 1, 1976.
The interest rate will be
determined later.
:
T
**

the

of

1,598,898

anty Trust Co. of New York,

The company

plication

agreement of merger the holders of shares
ofr the 3.90%
cumulative preferred stock of Public Service became
entitled
to
one
share of
3.90%
preferred stock of Edison In
ex¬

By the terms

2,472,828

$43,171

are

operations...—_—
tax deficiencies—prior yrs—

(net)

results

$80,000,000

share
a cent.
Pursuant to this
offer Edison
acquired 916,324 of said 1,000,000 shares of common
stock
of
Public Service.
Accordingly, Edison then owned 2,916,324
of the outstanding 3,000,000 shares of common stock of Public Service J
97.21%

549/1,OOOths of

4,619,776

3,682,668

1995.

171, p.

Definitive

depre¬

expenses,

taxes

171, p. 851.

Pacific

to

Public

income

charges—___

operating

after

89,130,048
72,794^)32
8,862,699

13,626,530

Bell,

common

shares

74,416,312

Pacific

1943

income

on

interest

Net
—V.

be comparable to the terms of the acquisition
from Cities Service Co. and in accordance with which Edison offered
to deliver to the holders of such
1,000,000 shares of common stock
found/ by

100,440.145

25,204,987
2,989,993

purchase of 43,500 shares at

1950, Edison

outstanding with the public

Public Service

of

issue

1,136,437 shares of

of

30,667,808

25,184,322
4,852,286

expenses

taxes

Ready—

—

operating

depletion

Provision

which 38,398 shares rtpresented compensation to
for their commitments and services in connection

acquisition by Edison of said 2,000,000 shares.
the period irom Jan. 3, 1950 through Feb. 28,

During
made

Co.

Service
of

account

the

stock

34,656,384

Operating
Operating

(& Subs.)—Earnings—

Surplus and other adjustments (net)

the

in

369,946

revenues-

89,519.236
389,188

100,810.091

125,944

oper.

Operating

54,838

and merchandise and revenue

sold,

Profit
Interest

Other

distance of more than 200 miles and there were
interconnections between the transmission lines.
Edison, with the approval of The Ohio P. U. Commission and of
the SEC, on Dec. 23, 1949. acquired from Cities Service Co. 2,000,000
shares of the outstanding 3,000,000 shares of common stock of Public
Service.
This acquisition
was
effected by the payment by under¬

as

:77-,77 7;V'

7.7

goods

of

ciation,

three

or

$517,391

—

267,300

adjoined lor a

Ohio,

of

-

1050.

p.

other

from
Cost

production, transmission, distribution and sale of electric energy. The
territories served by Edison and Public Service, all within the State of

for

earnings

171,

337,115

366,700

—

Pacific Coast Co.

27,

utility

income

on

Three Months Ended March 31—

MERGER OF PUBLIC SERVICE—By agree¬
Public Service Co. into Ohio Edison Co.

AND

taxes

Sales of products

of The Ohio

merger

April

30,793,752

116,715

revenues

$1,025,622

367,387
59,187

—V.

1950, Edison, effective at the opening of business
May 1
1950 acquired aii of the properties and assumed all of the
liabilities, including the funded debt, of Public Service upon the
terms set forth in said agreement of merger.
Public Service was aiso
dated

$1,310,665

—.

debentures

/

1978
1980

series of 1950 due (May 11

Preferred

*
$30,962,000
*
26,089,000
*
12,000,000
*
58,000,000
500,000shs.
t
180,000 shs.
156,300 shs.
8,000,000 shs.
3,965,965 shs.

1974
1975

and

notes

on

Federal

Outstanding

Authorized
First

—

Interest

EFFECT TO PRESENT FINANCING

GIVING

CAPITALIZATION

Total

Depreciation

$

34,773,099

rev-

Operating

Uncollectible

companies.

two

/

1950—3 Mos.—194S

1950—Month—1949

$

$994,178
31,444

ury

recent

Monday, May 22, 1950

...

largest quarterly earnings

Their sales

record.

on

and

profits for the

194P-were larger than any preceding year.—V. 171. p. 1671.

year

1

; ■

.

;' Peoples Gas Llgbt & Cokc Co. (& "Subsf.)—Earniug*-^

,

*-

Feriod End. Mar. 31—• 1950—3 Mos.—1949

1950—12 Mos.—194B.

—

Total sales and oth. inc.- $22,330,509 $20,569; 159 $79,181,327
Total exps. and taxes.48,489,823 ' 17,381;405 V'70,276,345

.

•

Neb

ihcotrie_____i___^
Shares outstdg. at-end

p

*

$3;187,754
$8,904^82
v;-.y.T-'i

'

period___i__^:
1 018,730
per-share.—r,/w$4.69

of

consolidated

NOTES—The

the

accounts
of

income

net

of

656,041

set

to $1,231

amounted

above

;

$10.42

not

does

minor

a

> 656,041

.$10.88

-

forth

$6,836,226

818,730

•

$4.86

r

income

Chicago By-Products Corp.,

which

62,666,320

$fcJB40,686

Earnings
7

$69,502,552

refleck

subsidiary,

in 1949.

the

A.-"'"'"

]

.

v

offered * $17,500,000

first mortgage bonds, 2%%

series
due- May 1, 1080, at 101129% and (accrued interest. The
group was awarded the- bonds on its bid of 401:591.
t

12

.

Net

105.13% to 100%.
For the sinking fund the
bandsiwill be redeemable at prices varying from 101.94% to 100%.
,7

-

Interest

from

PURPOSE—Proceeds from the sale will be used

..

to redeem $7,500,000

first mortgage bonds- due 1978; to prepay $2,000,000 of shortterm bank loans which were mode temporarily to finance part of con¬

GIVING

EFFECT

TO

First

bonds, series due Feb.
2%%
.......
bonds, series due June

mtge.

197S,

PRESENT

FINANCING

interest

1979, 3%
First mtge.

1980,

bonds,

series

due

May

Serial notes, iy«%, due in equal
annual instalments to
1953

„

17,500,000

stock

Common

(par

•The

amount

pressed

amount.

by

$20)__^_

authorized

The

the stockholders

1 Excludes

tTotal

is

$200,000,000.

UNDERWRITERS—The

of

and

the

names

White,

Weld

ft

are

P.

Beane

Co—

Rothschild

Francis

I.

—V. 171,

du
p.

&

Pont

21,538,000
is

unlimited
bonds

in

ex¬

authorized

par

value has

not

been

several

amounts

underwriters
of

new

of

bonds

the

sever¬

American
for

In

the

Co,

4,100 000

1,550,000

—

L55o'o09
1,550 000

—

Co—

1995.




i

principal
date

of

maturity of

approximately

an

of

the

Net

railway

Other

the

basis,

500,(000

all

or

a

the

company
a

similar

plans

to

raise

amount in

operating

Total

1951

to finance

—

new

Net

income

:

—

Sales

Net

for

pfd.

Estimated
Estimated

Federal
after

income

Federal

stock of subsid.
net

income

consolidated

to

taxes

income
co.

by

pubiic

surplus

earnings

per

for

—V.

preferred

171,

p.

1463.

dividends

27.753

$1,503,282

370.500

from

income

1,352

1,638

45,353

34,280

income

t$44,098

Federal

171,

income
p.

(in

$46,165

560.

Sales Up 4.3%—

1950—Month—1949

1950—4 Mos.—1949

115,689

439,227

bbls.)

171, p.

$75,321

None

taxes

110,890

396,689

1787.

Contingent

on

right
new
one

of

upon

to

record

effective

at the

which

such

subscribe,

cumulative

for

or

before

the

Securities

of

becomes effective, shall
5, 1950, for 130.610

June

stock,

15 shares

333,077

under

Act

cf

offer by the company, holders of common
on May 19, 1950, or such later

of business

registration

preferred

share for each

subscribe

on

registration

an

close

of

$100

common

shares of

par

value,

stock held,

common

stock,

to

have the
shares of

the

extent of
and also the right

of

53,500

31,000

the

extent

The

be

of

one

subscription

determined

share

for

prices and

shortly before

each

the

six

terms

shares

of

the offering

of

$5

par

common

value, to
fcekl

stock

the

preferred stock

was

made.—V.

were

171, p.

to

1889-.

508,500

$939,111

$617,277
share

16,588

$lir,241

55,671

$670,777

(estimated)
taxes

held

$1,475,524

55,920

$903,111

$1.32

$1.95

$0.63

$1.02

of:

First preferred stock held by public
Common stock held by public—after provision

550 000

3,176,767

$1,097,197

income

on

$4,652,291

31,152

Total

Div.

$4,036,921

$1,066,045

Interest, etc., deductions frcm income

-

Philip Morris & Co. Ltd., Inc.—Rights to Subscribe—

,

to

operations

$94,653

$2,607

Pfciffer Brewing Co.—April

date

1949

2,970,876

—___________

93,338
'

-

14,164

Period End. April 30—

stock

Subs.)—Earnings—

income

from

"•$11*557

money

its expansion

1950

,131,281

68,979

—

deductions

tDeficit.—V.

6 by the group

—V.

Quarter Ended March 31—

Operating revenues
Operating expenses

82,039

rents___.

charges

•Includes

outstanding shares
substantial part of

in

fixed

Net

2.91%

$3,000,000

1,142,691

income___

:

income

Miscellaneous
«

stock.

common

1949

$1,461,963

effective

&

shares of

;

1950

1,203,794

'

Total

who

500,000

J>

$1,343,255

income

i

Financing Soon Expected—
of

December,

.

1

'Railway tax accruals
Equipment and Joint facility

plus

amount,

payment

to be offered publicly after Aug.

Power

addition,

Provision

$4 ioo 000

4,'ioojooo

ft

purchasers

the

on)y,
100%

1948,

acquire

until

of

'

..

expenses

Rollins ft Co., Inc.,
York; at competitive bid¬

the

not

Co.

"•
r«V
Ry.—Earnings—

1933, and the making of

set forth in the table below:

Kidder, Peabody ft Co
Harris, Hall ft Co. (Inc.)—Paine, Webber, Jackson ft Curtis
L-

the

of

principal

Pierce, Fenner &

Lynch,

16

of
to

did

companies

Blair,

.these terms produced

on

Pacific Public Service Co. (&

amount

$1,000,000

1950,

Co.

revenues

Operating

The company expects to spend $6,494,300 on new construc¬
tion in 1950, and an additional $5,500,000 in 1951.—V. 171, p. 1787.

originally issued.
1950, and $500,000 due Nov. 28 1950.

which

respective

ally to be purchased by each
Merrill

tTotal

"

of

amount

1,

a
proposed split-up
stock on a 3%-for-l

later this year and

$3,000,000
13,500,000
6,500,000

to series.

as

bonds

indenture

30-year

a

is expected

Other

authorized

amount

the

maximum

$500,000 due May 28,

designated

new

under

present

101.8011%

these

'

program.

t$9,075,000
30,000,000
s7,500,000
35,810,000

pfd. Stock (par $20)_
5/4% cum. pfd. stock (par $100)

issue

000

10,000,000

semi-

cum.

was

April

Sale of the bonds

for

the

•

¥fo

rate

by

Coke

of

Three Months Ended March 31—

Operating

1,383,003

$1,417,238

$2,722,866

&

t

$2,800.241
%

Pipeline

since' Nov. -30,

Co.

'Peoria & Eastern

acquired these shares on Feb. 6, last, from
Light Co. The purchasing group was headed
by A. C. Allyn & Co., Inc. and Bear, Stearns ft Co., whb paid $16,125,-

$35,000,000

•

paid
from

common

this

1,

7—>—

2%%

price

interest

Following

;

»;

1,
•

1,410,389

-

«

represented

To Split Stock—Public

Outstanding

.

r-~-*r

Rhoades & Co. of NeW

Loeb,

purchase price.

of

•

M.

The

accrued

1,

.

First mtge.

Carl

ding.

underwriters

of

group

and

7

Authorized

(neti
——

Gas

-.

-

of

/

deductions

; JPr5,O70

FINANCING—On April 18 the company sold on advantageous terms
$9,000,000 of 30-yeur first mortgage bonds for the purpose of retiring

a

COMPANY—Incorporated In 1902, is an operating electric public
utility? engaged solely in the production, transmission and sale of
electricity in the states of Oklahoma and Arkansas.
Population of
the territory served by the company is estimated at
approximately
948,000 persons.
1
'''
' 7

CAPITALIZATION,

-

Natural

'*

like amount of short-term loans incurred in 1948 and 1949 to finance
new construction.
These bonds, 3% series due 1980, were purchased by

1950; and to finance,
the construction expenditures made or to be
7,

Dr2,021.

$4,133,255

-

other

and

.

,—

of

Gas

'

a

struction-expenditures made late in 1949 and-in

.

(net)

Natural

Texoma

The Peoples
Gas Light
ownership, of the capital - stocks
1948.—V. 171, p. 1996.
•
'

13,631,637

—

and

-because

$2,805,311

...

income

Net

oil

irr part, the remainder of
made' in 1950.

i

13,575,635

Income

Gross

.

,

pdeem,ranging

;

revenu'es._:_'_i„l_2_i_^_-'.____ -$4,135,276

operating

Other income

77.

>

statements reflect the-income

America

7' 1950 .
1949"'
$17,710,911 $16,436,948

March 31—

Months Ended

Operating revenues
Operating expenses

Five* other bids were submitted for the bonds as 2%s.
They were:
Halseyi Stuayt & Cp., Inc.
101.4591; First Boston Corp., 101.4044;
Equitable Securities Corp., 101,31; Harriman RipleyftCo., Inc., and
Uftteir. Securities Corp; (Jointly), 101.2653; and Lehman.Brothers and
Blyth ft Co., Inc. (Jointly), 101.06599.
/
7
Hm* bonds 'will ;be redeemable, other than for the sinking fund, at
,

•

Pacific Power & LUht Co.—Earnings, Etc.r—

;

The

Pittsburgh &

Lake

Erie

RR.—Equipment Trust Cer¬
headed by Halsey, Stuart &
publicly offered $10,000,000 I%%
equipment trust certificates, series of 1950, to mature
annually June 1, 1951 to 1960, inclusive. The certificates,
offered subject to authorization by the Interstate Com¬
merce Commision, will be priced to yield from 1.35% to

tificates Offered—A
Co.

Inc.

on

May 19

group

Volume 171

Number 4909

The Commercial and Financial Chronicle

2,15%,; according to maturity. The group
the issue

May- 18

on

Salomon

Bros.

&

bid

99.205

for

( '

similar

a

awarded

was

its bid of 99.365.

on

Hutzler

Republic Insurance Co. of Texas—To Place Stock Pri¬

-

vately—The

company plans to place
shares of 4% cumulative
preferred stock

coupon.

Proceeds from the sale of the certificates,
the

Philadelphia Plan,

new

of

gondola

and

cars

$13,100,500.
Other

.

will

members

which will be issued under
the purchase of 1,500
cars, estimated to cost a total

ject to approval of stockholders.

finance

bcx

new

The

.

the

of

to

6c

Otis &

group

G.

A.

are:

annually
number

same

Becker &

Co. Inc.; Blair,
Higginson Corp.;
(Inc.); Phelps, Fenn & Co.; The Illinois Co.; William Biair
& Co.; Hayden, Miller & Co.; McMaster Hutchinson &
Co.; Wm. E.
Pollock & Co., Inc.; and
Mullar.ey, Wells & Co.—V. 171, p. 1996.

Rollins

company

shares

1,000
*

.

used

be

will

have

at

of

shares

share

per

at

the

the

price.

option

The

redeem

to

to

entire

redeem

issue

J pared to 328

1,000
the

Inc.;

Harris,

Hall.&

Co,. (Inc.);

callable

Lee

on

April 21

operating accounts. Barnsdall Oil Co. owns
the company's outstanding stock.—V. 147, p. 3468.
i

Pittston Co.

(&

Subs.)—Earnings—

Sales

shares

com¬

current

99%

of

will

1950

1 949

has

$1,640,165

174,635

$1,837,757

will

with

be

Provision for Federal
Provision

and

State

for, minority, interest—————

The

$1,578,802

after

'1

attorney
Mr.

295.289

170,

1400.

p.

56,474,

board

until

May

24.

In

to

the

offer

that

event

letter

notification

of

shares

of

filed

was

stock

common

with

the SEC

owned

$0.88

New

York

with

that

the

3 Mos. End. Mar. 31—

circuit,

J.

Control4

for

for

ori May

company

20,000

shares

12

of

filed

letter of notification with

a

being

York

stock

common

(par

20

cents)

be

to

profittEirns. per

made,

that

of Lehman

acquisition

and

such'

no

that

the

indicated

for Mr.

that

the

deal

story

was

on

Bros;

12

by

has

\

NOTEc—Dn

New

York

1.

right

for

set

now

divorcement

on

to

Dec.

with

dicker

31.—V.

for

trustee, named

a

a

purchaser

by

pending

165,. p. 2549.

the

anyone, want

V-"*

•*

'

;

;•"

! -'•

''

-

t

'.»'v /.y;

s

issued

1

•

Producers Life Insurance Co., Mesa, Ariz.—Files—
The

May 11 filed a letter of notification with the
shares of common stock to be offered, at $2

company

on

covering

112,500
the proceeds to be used to

share,

to form

old line

an

legal

reserve

secure

necessary

Gross

wilL
will

"
>

selling

.1950—3 Mos.—1949

Rochester & Pittsburgh Coal

1950—12 Mos.—1949.

Net ©per.* revenue-.,

Other

$2,838,458

income

$2,659,258

$7,731,206

21,877

—

y.i 87,630

294,546

$2,746,888

$8,025,752
1,526,943

will

J

income

$7,696,845

351,427

463,587

$2,508,908
182,487

—

preferred stock

on

$2,283,301

filed

Common
Earns,

shrs.' ;outstdg.4

per

$2,040,701

$5,588,652

$5,062,448

1,080,809

1,214,894

1,080.809

$1.89

'

1,214,694

share—-

com.

$4.60

$4.68

.

$1.91

—V. 171.,, Pyjm

'"V

$8 per share,
The

of

•

"

The

'

shares

outstanding and constitute
outstanding common shares.

now

and

'V

'$$>4 0:

Public Service Electric & Gas Co.—Calls Bonds—
outstanding

has

first

called for redemption

and-,refunding

1966 at

103%

and

will, be

made

at

1890.!,:},

p.

mortgage

accrued interest to;.the

Fidelity
■

Union

1- 'y'

7;

14,

1950

all

bonds,*1:3Vi%'

/
its

of

As

Payment

y

J.—V.

N.

171,

"

\

Reading Tube Corp.

7/

*

-f

benefits will

letter

A

of

notification

Commission—

was

filed

with

stock

2,500 shares,of.common

offered

(par 10 cents) at $1.871/2
to the company as

accrue

share.

per

(par

$1)

the

-

;

the

For

and

made to
three

*

wholesalers

months

net' profit'was

ended

$96,508.

and

balance

the stock is being

April 1,
:

to

Sales
Net

sales

\

\

'

'

The

.«

CAPITALIZATION—The capitalization of the company is
1

1 •

!

!

.

—

50c.class A cumulative and
*

Authorized

—_L

—

'

1

*

♦Exclusive

"B"

stock

(par 10 cents)
of

a

(and

•;

275.000 shs.

AND

EARNINGS

FOR

FIRST

—

—

—

■

.*

'

p.
•*

1996.
'

Current

-/

$1,442,000

96.500

r

'

*

v

-

""

'

'

ern

*$O.02

and

Stock

Offered—

Gearhart, Kinnard & Otis on May 15 publicly offered
$168,750 of 5% promissory notes and 225,000 shares of
common stock (par 5 cents) in units of 75 cents
principal
amount of notes and

one

proceeds will be used to pay
capital.—V. 171, p. 1996.
- ■ -

The

p.

.v

company

will handle directly,

proposed

The

10.000

proceeds

will

shares

be

1572.




of

used

"

'

'

;

staff

and

be

some

171,

p.

reports that

chase offer.

together
1788.

with

of

service,

certain

-

option

was;

Mr.

Grosser, F.

171;

be used

part

the

of

the

to spend $110,000,000^ moxe luuV
generating units of 70,000pkw,, ea«l%-;

and expects

1951.

Four

under, construction

with

GIVING EFFECT TO

PRESENT

Outstaqdiii&<

?.■>

medical

unable

r,

,

)

■

;

$108,000:000

v

,■

,

„

1,653,429 shs.—

——

(cumul.)

1,000,000 shs.

$25)—

(par

stock

3,000,000shs.

!—

«

1,595,632 shs,
568,131 shs.

V

..

8,000,000 shs.

$25)—————

(par

indenture

trust

,

under

which

conversions

no

At March

for

common

stock
of

•

and

•

share

contained

therein.

common

stock

-

under*
»

...

subsequent

stock, 4.48% convertible
presently convertible into

of

0.85312

converted.

COMPARATIVE

•

permits

to

-

.

March*

Period End. Mar, 3L-

and

0.921

of

series

and

share

4.56%-

stock

common

»

of

at'

common
■

.

INCOME

ACCOUNT

1950—3 Mos.—1949
,

$'

25.090,479

24,906,160

18,783,111

19,090,942

6,307,368
355,536

income; 6,662,904

.

one

1950—12 Mos.—1949
$

100,291,633

96.951.230y

77,030,171"

78,927,8394-

5,815,218
448,599

23,261,462

18,023,39D
2,239,100*/;

*

operating, income

non-oper.

income

1,593,610

Gross

Int.

to.re- '

&

Net

income

PreferredCommon

—

24,855,072

1,542,165

6,046,292

5,162.094

1——

6,263,817

1,500,810

other-deductions

20,312,191
,

6,304,6737

4,721,652

18,808,780

1,376,742

1,441,257

5,643,214

5,722,110*

2,126,670

dividendsdividends

1,194,169

8,286,688

4,778,081'

3,658,682

2,086,226

4,878,873

3,509,6181

$0.88

$1.00

$3.06

H.OOT.Slft.;

Feb. 28.

H. Keller resigned

as

directors and

K. Ralston and John Hemphill.—V.

were

144,

succeeded
p.

1976.

by

.

4,245,550shs.
issued

1950, there were 1,884,588 shares of authorized..
stock
reserved for issue
upon
conversion of.i
against outstanding scrip for common, stocky,

are

rates

are

additional bonds thereunder,

of

into

bonds

preference

series,

each

■>

31,

these

v

in response to the pur*
that Mr. Grosser intended to purchase, all,

••

800,000 shs.

.

.

series,

Operating revenues
Oper.- expenses
taxes

..

was

.

:*

FINANCING

—

,—

shares

Net

It

hydro-

A new

the San Joaquin, River 1:m
rating of about 84,000 kw/ * >•

on

a

due

series

respective

"stock

..

exercised but

,

spent.

company,

Authorized

3 V*§,

unissued

the

advertising,
purchasing and per-

V

Of-

-

1946-1949

•

,

series

.

convertible

the sales,

*

*

to retire $13,000,000 of?
company's construction

and

1950.

:.The

7

and

the*

•-

Co.—Preferred' Stock

sale will

Convertible

but

6,334,223

laboratory

with

852.

p.

convertible series—

31,

19,395,166

Following the consummation of the option M. A. Schweiker, Maurice
Iserman and W.

involved.—V.

PROGRAM—During

and

1950

tAssuming

$1.28

22,740,438

of shares that were offered

It is understood

stock offered by
1"

this

the

financed

the issuance from time to time
the restrictions and conditions

55,25o

8,274,785

members

technical

notification

of

investment

expansion

on.

*

♦The

Lilley & Co., Philadelphia, on Jan. 16, 1950, made an offer on behalf
A. L. Grosser, to purchase all the stock of the company.
At the
time of making the offer they held an option to purchase stock''held
by M.-A. and R. W. Schweiker and Mrs. Maurice Iserman.
The com¬

pany

had

plants now

Common

a $1,425,000
mod¬
manufacturing plant at Chester,' Pa:
completed in about a year, will house

200

letter

No. underwriting

paper

engineering,

departments

filed/a

4

'*

of

'

without underwriting, the offer¬
preferred stock at par ($10 per
working capital, etc.—V. 171,

for

405,644

-

■

sharep of common stock to be offered at $l perpurchasing

t4.48%

$1,121,357'

$1.87

V'

'

\'y ,*

-

period

:

Net

Brothers, Ltd., San Francisco, Calif.—Offering—

ing of its
share).

•

•'-

>.

appli¬

gas

-'

14.56%

$1,176,607

Shawnee Pottery Co.—Sale of Control—

short-term loans and for working
»

its

which;should

port the number

Reid

•

...

*r

.

-Preference stock

1,736,079

$1,633,500

—w

—i.

:

*

.

to construct a pipe lino
bank loans authorized under
$325,000 to refund other bank

.

1,319,643

°

June

and fpr continuing- expenditures in connection with that pro-

preference

— „——

building at

facilities.—V.

share of stock at $1 per unit.

The

—

relations,

sonnel

•

Reeves Soundcraft Corp.—Notes

shares.———.

_1_—„1—.

liabilities

office

public

'•

*'•

common

O

California Edison

CONSTRUCTION

15,528,902

100,230

South

repay

»

May

on

New, preferred

$1,733,730

common, share

assets

The* building,
the executive

y
;.

;

/ lt 920,408

•

of

notes

and; mature

1964
30,000,000
' 30,000,00ft..
Series A, due 1973 (3V8%)_
40,000,000
40,000,000..
A
I
Series B, due 1973 (3%)
25,000,000
25,000,000
.'.Original pfd. stock (5%, prioj,. cumul., v r
"-* •:
3
participating!
(par
$26)
——:—
160,000 shs.
160,000 shs.
Cucumlative pfd.
stock (par $25)
6,000,000 shs.
'
*
•

The* company has announced plans to construct

.

24,000

$0.15

>

interest

.

.$1.48

1,147,065.

shares—

In¬
time

preferred is redeemable- at any time at- $26*25 pqr- shapeor before May 31, 1955, and thereafter at prices declining.:
share: if redeemed after May 31, 1965.
* V> •<
•
..'!

,::

4.88%,

'

from

^

Plans New Office Building—

1949

$1,603,000
y.

on

income per

Current

QUARTER

—

profit after income taxes..
1
Earnings per share on class B stock—
—V. 171,

Net

yv

1950

Net

income

preferred

on

Net income-

presently, indeterminable number of shares of class
certificates for fractional shares) reserved for

Three Months Ended March 31—

16,552,419.

——

———

265.608 shs.

*410,000 shs.

scrip

SALES

income

Dividends

.1,000,000. shs.

<——

Net

.

issuance upon the redemption of class "A'"stock;

Sales

?

.

•

■

CAF^ITALIZATION

"

494.915

Provision" for taxes on

*

scheduled for completion in *1951

Outstanding

.

promissory

have been installed In the Redondo Beach Steam Station.

Apr. 1, '60 Apr. 2, '49
$23,539,644 $21,087,283
%

y
to

21,
will be

loans, -which

gram.

(& Subs.)- -Earnings Increased-

-

v

make

banks

,

•

;

.

Freight, paid on products sold-.
—1,478,345
Distribution, admin, and general expenses—2,133.170

follows:

as

-

authorization, to

commercial

by

March

nationwide

new,

program,

■5

->the

$5,191;400
424,66.2

$1.11

V-.;.;777;.7r7" ,7:.V7:

of products sold

represented

$578,000

PURPOSE—Proceeds of

bank

•»

1949

.'■•

■■

7

Approved—

on

Co.,

'

7' '■

/
' *

v

1950, in amounts aggregating $3,300,000.

thereafter,

receivable-/

Series: of

:

■

317,204

Depreciation

;

$342,166.67

participat-

ing stock (par $6.25)——

Class B stock

-

:

sales

.'

per

.

*

$4,771,000.

7

Three Months Ended—
Net

7'

refunding mortgage bonds—
Series of, 3s, due 1965-—————$108,000,000

-0
1950

—_

SEC

four

7

,;7 '
'

The pwceeds are u> be used to increase business of

4.32%

'

Mortgage

tax

income

1050.

p.

Scott Paper Co.

Cost

'

"

Federal

after

received

12

be

will

corporation

to $25.50

on

-

——™

income

—V..171,

$1,602,948

were

..'

.

.

Earnings per share (286,000 shares)—'

manufacturers.

1950, net

'

redeemed

.

3.-Months Ended March 31—

Whirl-A-Way

banking group,; com-(
posed of 135 underwriters and jointly headed by The^
First Boston Corp. and Harris, Hall & Co.
(Inc.) om
May 17 offered publicly 1,000,000 shares of 4.08% cumu¬
lative preferred stock ($25 par) at $25.50 per share.

May 9 covering
to be sold-for-the account?of/

Sangamo Electric Co.—Earnings—
'V;
■•">■7-'

No

7:,
.v"

May

covering 88,000

♦First

CORPORATION—Organized in 1941. Manufactures copper tubing fn
sizes ranging from »/* inch.to -3 inches in diameter..* The
tubing is'
sold to manufacturers of appliamces and to wholesalers who
supply
the construction, plumbing, -radiant and general heating, refrigeration,
air conditioning, .oil burner and. other industrial, and allied trades.
The
company
has approximately 800 customers and during the
six-month
period ended March 31, 1950 approximate,ly 95%, of the,were

The

electric

McDonald-Moore

■'• 7

borrowings from

of

Southern

7- ^

™

SEC

Harry A. .McDonald, Detroit;. Mich* through
Detroit, at $12 per share.—V. 170, p. 2439.

...

behalf of certain stockholders.

on

"•>

>

SEC

Securities Corp. on May 18 publicly offered 50,000 shares
of class B stock

order

share-.

the
•.;

7;''

■

.

facilities;

"fered—A

Ryerson & Hayncs,; Inc., Ja«ksoh, Mich.—Files "With

Securities and Exchange

Class B Stock Offered^Aetna

—

"•\

'

intervals

$219,637,000

No underwriter.-•' \l

• •

••

of

proceeds, $1,647,000 will be utilized

vSEC

*

.

transferred from

was

,

,

capital

Southeastern Factors Corp., Charlotte, N. C.—Files—

Stephenson, Leydeeker & Co.; of Oakland, California, and Barrett
& Co.> Inc., of New York, are named as the
principal under--1
r;
'■'] '*■7
77r,. v7
'"7 "
;-

to be offered to stockholders at 2% cents
per share.
The
will be used to pay debts and taxes and for other corporate

purposes.

of the recapitalization^ $632,990
surplus: to? stated capital. *. >.,'

entire

$2,550,000 will bear 2V4%

which

accounts

new,

the

1950, and
loans; and $750,000
utilized to convert customers'
ances for the. use of natural gas.—V. 171, p.
1673.

•

approximately 45%/
,7
,• ....

exchange therefor 107 shares of the.

of

related

,

writers.

are

proceeds

stock received in

•"'■■■";

borrowings

the

and

Hefrlck

The company on May 10 filed a letter of notification with the SEC
covering 375,158 shares of common stock (now held in. the .treasury),

sales

The

*

'

./C, '^0%

v y;.

part

a

company's

,

Newark,

Queen Esther Mining Co., Park City, Utah—Files—

which

share of old

.

due

series

redemption date.

Trust; Co.,

■'-

July

on

*.

30,, 1951, and $750,000 will bear interest at 2%% and mature serially,
in amounts of $75,000 commencing June
30, 1951, and at successive.*/'

an

^

The company

''

•

Co., One Wall St., New York, N. Y., will act a»
for the 5Vs%• cumulative convertible preferred stock.

short-term

Jersey,

i;77,-

the prospectus, the company prior to April 12r 1950,
ha J outstanding 2,346 shares of $50 par capital, stock.
On that. dat6,
its authorized 5,000 shares were reclassified into 500,000 shares of $3
par
stock and
the 2,340.. outstanding* shares ..were,.reclassified
into*
•250,380 shares. of the $3 par-stock.; The holder of each outstanding

,

Trust

to time, prior to Nov. 30,

r

wlth !a $1 per share commission: to the underwriters.

are

jthe issued

1

Developed—

which formerly supplied#
fractional-horsepower electric motors.—V. 170, p. 112.

companjr on

terim

:

'

Product

announces.

purchased

t,

six-month

.

-v'v'r"'

current

over

•

South Jersey Gas Co.—Bank Loans

Of

.

has

*

^

-

i

According to

•

.

>

■

466.

p.

$14,744,575,

assets

1919.

p.

Corp.—New

171, p. 1891.

r 4

company,
producers of "Skippy Peanut' Butter," on May 12
registration statement with the SEC covering 111,700 common
<$3 par Value).
The stock is to be offered for public saJe

a

shares

853,433

:

171,

/company

'redemption agent

■

Securities and Exchange Commission—

1,780,964

910,157

exchange.—V.
■■

$6,498,809 " $5,915,881

242,600

$2,326,421

in

to

securities, and current

South Carolina Electric & Gas Co.—Redemption Agent,

v.

JtoseffelcTPackiiilf Co., Alameda; Califi—Registers With:

at

Balance

issued

amounted

current

■

The, Irving

Co.—Merger Effective—

•'

This

Net

be

334,693

$2,860,335

Gross, income
Interest and other chgs.

stock

$7,362,152

170,

.,

the company with

.

(& Subs.)— Earnings-

;

1

The

The merger
into this company of Mahoning Investment Co. was
revenues— $12,698,931 $11,819,209 $38,620,235 $35,155,943
other exps.—- ; 9,860,473
9,159,951; 30,889,029
27,793,791 v:. declared effective as of May 8, 1950. For each share of capital stocfci
of the latter company four shares .of Rochester &
Pittsburgh common

and

Divs.

See also V. 171, p. 1787.

$12,970,542.—V.

was

of

Motors,: Inc., of Dayton and Tipp City, Ohio,

of "4.10%

group.

assets

Government

excess

(A. O.) Smith Corp.—Acquisition—

;

Property Proposed—

oper.

Oper.
i

.

No underwriter.

$1.73*

tBasedr

,

from an entirely new formula, the company's new
adhesive,
"Sloane-Quality Linoleum Paste," is easier to spread,, is,-lighter~
in color, has a uniform consistency, and Is scented with wintergreen,
he 'said!—Vi 169,* p., 11.

court.

H shares to be taken up by the underwriters who
placed
them at 100 and accrued dividends without benefit of a

per

capital and surplus

insurance company.

Public Service Co. of Colorado
Period End. Mar. 31—

SEC

shares

and

The

Vice-President in charge of sales,

"

Electric

&

'

income,

on

called

Corp.—Stock Sold—Of the
preferred stock, series H (par
$100) which were offered, share for share, plus a cash
payment and dividend adjustment totaling $5,161/4 per
share, in exchange for the outstanding 4%%. preferred
stock, series G, 48,730 shares were issued under the ex¬
change offer which expired on May 4, leaving 1,270 series
50,000

SEC

;'v-'

-

Gas

$1.47

taxes

Made

s

buy either'the company's stock, or-Its assets, it would
proposed auction.—V. 166, p. 1792.'
f
[ 7„. 7 \

to

1947

A
new And
improved linoleum paste has been developed; by tola'
corporation, maker of smooth- surface floor coverings, Wilbur Newman^

the. divorce-*
7

,

current

1950,

cash

of

$1,774,033.

Sioane-Blabon

N

Court

definitely, staying' with production-distribution and
dispose of his theatre interest.
He declared
that he
the

$1.39

'

$7,764,405
858,892-

■■

Wright^

is;

reserves

$1.63

31,

$5,890,762
were

been

Federal

March

including

,

the

733,653

share.

com.

liabilities

near-completion

Cowdin and Lloyd
i.Vy 7
'
7

on

695,118

•

a

Without '

was

negotiations between Mr.

Hughes.

1948

$7,366,298

809,432

———_

provision for Federal and Canadian
497,000* shares outstanding.

•

of Howard

May

on

transaction

entire

1949

$6,892,882

♦After

Cowdm,

be possible to stop the

to Robert N. Cooper, Salt Lake
City, in exchange for five unpatented
mining claims in Piute County, Utah.—V. 171, p. 1671.
.•'

171,

-Earnings—

1950

$6,810,464

—

*Nfet

,

stated

report

of

Rochester

the

March.—V.

'

Cheever

made

was

Net sales

J

C. C. James, President, last month
reports that a recommendation
7; that the property of the company be offered for sale at auction will
be made to the directors by the management.
He added that, should

on

Plumbic Mines Co., Salt Lake City, Utah—Files—
The

compared

adversely affectcti

the 1950 pre-Easter volume occured in

Simonds Saw & Steel Co. (& Subs.)
'

.

backing

Hollywood

Theatre

Roberts & Mander Corp.—Sale of

which shares will be sold at, $10 per share to
employees of the corpora¬
tion.
No underwriting involved.—V.
171, p. 1572.
,

covering

were

as

-

liabilities

weeks

he

ment

May 12 covering
Plough Credit Union

the

by

month,

1950

the

Hughes.

further

ultimately
the stock

He

Plough, Inc., Memphis, Tenn.—Files With SEC—
A

1949

April,

The company has placed

1

9,931

corresponding

in

sales

Shopping Bag Food Stores—Notes Placed Privately—
privately $500,000 of 4^% sinking fund notes due 1960 through Wagenseller & Durst.

*

their

,

of

chairman,

RKO

Mr.

post

$537,974

$0.84

that

4

-

-

opportunity

Inc.—Negotiations

story out

'/V';-'

.

342,.com-

was

short

Hughes this week served notice

that

,

—V.

New

165,345

$512,028

for

was

six

503,721

169.448

income for. the period—
Earnings per share—.
!—

1

foundation.

369,069

Net

a

of

denial
or

527,584

income, taxes-

1997.

stated

company

sales-- in. the

1950

earlier.

year

because part of

;

>.

for

actively negotiating in
control

259,628

\

of

Universal

The

$1,404,167

197,592

—

lot

by

denial

spokesman
made

etc., deductions————.J.
Depreciation, depletion and amortization———-

falls

the

,

been

Hughes'

..

Interest,

up

former

.

,

y

of the 25,261
shares, the corporation
redemption on June 30 enough shares to
the difference.—V. 171, p. 1996.
*
■

flat

A

—

_1

have

retirement

tendered

call

RKO .Radio, Pictures,
Denied— •/

operating revenue, less allowances
$18,847,705 $18,662,738
Cost of sales,, excluding
depreciation, depletion, •
.
...
'..amortization and taxes—I
—15,661,059
15,767,902
Selling and adminis. expenses, excl. taxes
1,223,458
1,360,537.
Taxes, other than income taxes,
323,023
330,082-

income

1004.

p.

"

'

Oper. profit before deprec., deplet. & amortiz.

Stockholders

voluntary

shares

make

and

Other

for

total

over

150,

on May 3 voted to call for retirement
25,261 shares of
cumulative preferred stock, at $107.50 per share plus:

dividends.

then

/

other than

monthly

3 Months Ended March 31*—

directors

company's

accrued

approved proposal to dissolve the

101.—V.

a

1950—4 Mos.—1949

$3,401,042 $10,036,157 $10,084,703*

units in operation in April,

,

The

The stockholders

at

p.

the

*

time

any

Revere Copper & Brass, Inc.—Offers to
Buy Stock—

Pittsburg Oil & Gas Co.—Dissolution—
pany and distribute assets to the stockholders.
i The
company stated that it had no indebtedness

at

1950—Month—1949

$3,145,082

—

NOTE—The

Co.

Co.

i

—

The number of retail

obligation

and

same

Period End. April 29—

Sales,

,7

cumulative

a

$100

Shoe Con>. of America (& Subs.)—Sales Lower—

privately 20,000
(par $100), sub¬

Ealance
Earned

surplus

per - com;

outstanding

—

«

share

$2.57

•

10

The Commercial and Financial Chronicle

(2102)

UNDERWRITER8—Tbe

:

agreed

shares of
■

new

H

.

First Boston

Corp._„ 74.000

Harris, Hall & Co.

Allyn & Co., Inc.....
American Securities Corp..

Bacon,

Whipple &
Bailey & Davidson

5,000

4,000
2,000

Co

Robert W.Baird & Co., Inc.

5,000

Ball, Burge & Kraus......
Barth

J.

-

5,000

Co.... 10,000

Elchler &

Bateman,

4,000.

Co

&

.

7,000

Bear, Stearns & Co

2,000

Levy & Williams.

Law son,

••»

v

Lester & Co
10,000
Irving Lundborg & Co
5,000
Laurence M. Marks & Co..
7,000
Mason Brothers —
1.000
McAndrew & Co., Inc
3,000
Merrill Lynch, Pierce, Fenner & Beane_.._..i—a 17,750

>

-

'

h

Bingham, Walter & Hurry.

5,000
Inc... 12,000

.

Co

Pont &

Salomon

2,000

Co...
Securities

&

Equitable
Estabrook
Fewel

17,750
8,000
Corp..
5,000

Co..

&

2,000

First California

The First Cleveland
First

Southwest

First

2,000
2,000

Co

1,000

P.

Co.

Talbot.

It

Hannaford

Wm.

Harper It

1,000

Son

It
2,000

...........

Harriman

Ripley & Co., Inc. 17,750
Harrington & Co
1,000
Hayden, Stone It Co...
7,000

J.

A.

Hooker

10,000

Co

Hilliard

B.

J.

J.

&

Richards

Hill

&

1,000

Hornblower
•E.

F.

Co...

10,000

The Illinois Co

4,000

Jones,
Kerr

&

Cosgrove
Bell....

&

17,750

Co.

Kirkpatrick-Pettis

2,000

Knowlton & Co..

Frank

Kuhn, Loeb & Co

1,000

37,000

....

Laird, Bissell & Meeds
!W. C.

4,000

Langiey &

12,000

:-V. 171, p. 1891.

,

Earnings

The

^

,

SEC

company

covering

sold at par,
loans.

on

May

$250,000
No

Since

filed

once.

are,

Co.,
to

Inc.,

fill

New

the

for

Orleans,

vacancies

have been

created

by

the

sales

after

inc.

shs.

•Common

Earns,
The

taxes

outstdg._

per com.

1950

-

1950.

combined

$0.61

sales

dividends

No

and

from

.-earnings of Standard
1949.—V.

the authorized

increase

to

170,

p.

net

income

of

1949

$7,423,963

$4,323,963

103,705

106,226

dividend

$4,113,335
$1.07

—

share'

per

$4,217,737
$1.11

these

subsidiaries

The plan

E.

made Chairman, A. A. Adams became Secretary

The

company

covering
30

of

selling

Refining Corp. below.

May 12 filed a letter of notification

on

per

stockholders.—V.

170,

stockholders

The

.second

of

quarter should

t'.i'V''•

a

in

and

"
'

respect

acceptance

thw

of

of study,

investigation and negotiation

the

dends

International.

Swift

to

International Packers'

the

where

Swift

financing

possible

and

operates

management
from

may

the

of

future

consum¬

will, it Is

subsidiaries

earnings

thus providing funds
be declared and paid

States,

shareholders

Upon

direct control of operation*

International

remittances

for

the United

to

of coun¬

a

exchange

countries

it

to

the laws

to Delsintco Ltd., a Delaware
wholly-owned subsidiary of International
thereof the latter will transfer 1,300,000

be

International

plan,

facilitate

make

corporations organized under

Argentine Republic,

will

to

floir

which

from

divi¬

warranted

as

by

operations.
Unless

and

until

the

initial

effective with respect to
shares of

of

erties

the

of

belonging
and

a

intend to

pany does not

tbe

Swift

property

have been

declared

minimum of 1,650,001 shares, the new com¬
any business.
If the 2,000,000 maxi¬
are issued, the business and prop¬
substantially the same as those now

company

will

be

International;

the

of

shall

engage In

new

company

to

exchange offer

if

will

only

then

the

minimum,

the

business

be

substantially the same as
except that the company
will have
only a majority interest in the Argentine properties, the
minority interest in such properties being evidenced by the shares held
by non-exchanging shareholders of Swift International.—V. 168, p. 14t)&.
that

company

belonging

now

to

International

Swift

Syracuse Suburban Gas Co., Inc.—Offers Stock—
The company in April publicly offered 300 shares of its 5%

cumula¬
preferred stock at par ($100 per share).
Payment may be made
full or by monthly instalments of $5 or more per share, with an

adjustment for interest and
This

stock
and

salesmen

share

The

offered
Service

paid

by

commissions

stock

is

dividends.

directly by the company and its affiliate^
Co., Inc., through their officers, employees*

stockholders

be

may

maximum

is

is

Gas

whom

to

Harry
will

callable

at

E.

of

President,

$1

to

$2

per

personally.

The

$600.

and thereafter

1952

until

103

commission

a

Carver,

exceed

not

102

at

and

convertible.

not

are
payable on Jan. 1, April 1, July 1 and Oct.
from net earnings accruing after Dec. 31, 1946.

year,

be used to

funds

received

the

from

sale

this

of

of

X

stock

will

for fixed capital additions and expenses.

pay

OUTSTANDING

First mortgage

COMPLETION

UPON

CAPITALIZATION

OF

5%

$88,200

sinking fund 33,4% bonds due 1972.
stock (par $100)—,

50,000

cumulative preferred
stock (no par)

—V.

171,

3,360 shs.

1

1674.

p.

Radar Corp.

with tbe SEC
offered
account

Stock Oversubscribed—

—

May 15 publicly offered "as a specula¬
747,500 shares of common stock (par 1 cent) at

tion"

40 cents per

on

The offering was oversubscribed and

share.

indebtedness

the

of

.

the

from

of

sale

corporation,
c

.

the

to

J

-

=

will

shares

purchase

be

used

to

additional equip¬
■

■

its wholly-owned subsidiary Plasproducts essential to the television
cable, insulated wire, etc.
It is
also developing converters which will be used in changing over present
television sets to receive color when color broadcasting is undertaken.
manulactures

Corp.,

radar

through

various

such

industry,

coaxial

as

The corporation expressed belief that in about a year, if color broad¬
casting is ready for use, there will be a demand for some five to ten

held

recently

their

at

CAPITALIZATION

Name Changed
meeting

annual

voted

earnings
bef.

inc.

for

Federal

1

3950—3 Mos.—1949

1,813,623

taxes—

in-

■

<•

profit

910,007

3,676,050

A

Earns,

com.

per

$2.82

the

of

$3.29

$0.57

sh

of

statement

Sweeney Co., Denver, Colo.

This issue was all sold.
proceeds

The

in

Stock Sold—

—

corporation

the SEC covering
made by employees
1892.

with

Gas Lines, Inc.,

Nashville, Tennj—

Pipeline Facilities—
applied

has

the Federal

to

Power

Commission

fo*

is

one

the

of

the

to
expand its pipeline facilities in order to increase
deliveries to Nashville Gas & Heating Co. for distribution

gas

Nashville

Tennessee's
clude

largest

project,

stations in the vicinity of

to

finance the

to

"

area.

proposed

estimated to cost $764,807, would In¬
the necessary regulator and
Tennessee Natural propose*

approximately 24 miles of pipe and

meter

from

today

BUSINESS—Company

3947

10

authorization

Peters, Writer & Christensen, Inc., on May 12 publicly
offered 2,500 shares of common stock (par $5) at $24
share.

Co.—Registers With SEC
May

under the Thrift Plan.—V. 171, p.

company

natural

per

filed

was

involving contributions to be

securities

Plans to Expand

.170, p. 2068.

(B. K.)

Outstanding

3,997,500 shz.

1997.

p.

registration

$600,000

$6,932,897
2,630,489

paid

—V

FINANCING

3,624,528

$5,938,567
4,208,782

$0.78

$1,193,623

.

PRESENT

5,000,000 shs.

cent)

1

,-

$1,638,142

620,000

taxes

171,

(par

Tennessee Gas Transmission

1950—12 Mos.—1949

$5,363,476 $21,289,261 $22,608,789
2,548,149
9,614,617
10,557,425

$4,679,734

stock

Common

(& Subs.)—Earnings-

Stone & Webster Inc.
Period End. Mar. 31—
Gross

TO

EFFECT

GIVING

Authorized

to

pay

cost

of

Nashville.

construction

Natural's

Tennessee

from

extending

existing

connection

a

Gas

&

the

sale

of

75%

bonds

of

and

facilities consist of a 14-mile pipeline
with Tennessee Gas Transmission Co.'*

system near Westernia, Tenn., to

jobbers of auto¬
"
" ''

by

the balance out of cash on hand.

Heating Co.

the outskirts of Nashville.
only customer.

Nashvill®

is Tennessee Natural's

$2,494,000

157,522

247,035

253,903

266,000

266.000

$0.59

$0.93

$0.95

motive

on

little

April 25 said:

over

$6,000,000

good."—V.

170,

p.

"We have
and

for

Electric

major

Texas Eastern Transmission Corp.—New Unit—

appliances

Wyoming and New Mexico, which are served from Denver.

backlog at

operatfons

2134.

the company was appointed the exclusive distributor of Gen¬

in Colorado, and parts of Nebraska,
In the last
has built up a specialty distributing business
in a number of other leading lines, such as Coleman heating, Columbia
records and Sloane's floor covering.
eral

266,000
$0.53

a

parts in Colorado.

In 1927,

141,579
"

ten

the

years

the

Officials

company

of

to

'

B.

./'.'''"-v

,

K.

Sweeney Manufacturing Co., a wholly-owned subsidiary, makes

be

specialized tools for the Army, the Navy, the Air Force, and the leading
people in the automotive, railroad, and airline industries.
These tools
are merchandised under the trade name of Sweeney Powerench.

The company has asked the SEC for
permission to withdraw all
pending plans for recapitalization.
.
:
Although there is no mention of a substitute plan in the withdrawal
application it paves the way for a new plan which, it is widely ex¬
pected, might include some participation for common stockholders.
E. C. Boshell, President and Chairman, said in a letter

CAPITALIZATION

.

.

-

-

"

Pfd.

stock—5%

Com.

recapitalization-by
.

.




Dec.•• 31,:'-1949,
"..

but

won

a "

one-year

.i.',

1949

r"V

Net inc.

after

charges

$276,312

•*

•

Income taxes and excess.'■

profit

taxes

1948

.-1-

-

1947

' .■/"

;i 108,-174

194,160

>

; 183,582

070

-'

Net

profit

171, p. 1997.

$168,138

'•

$296,510 V

$274,694 >

$257,591

in

acre

10

the

formation

gas.

pipe line system,

its

it

„

_

block of
the

in

generally in The Southwestern

first

exploratory venture took an assignment from
Ohio Oil Co., and Melben Oil Co., for an 11,oil and gas leases granted by the State of Texas,

of the

lease

gas

Gulf

of

Mexico

approximately

Island.

assignment

has

The

six -miles

south

of

.

been

includes

partially

the

sands within

developed by the assignors, and th*
drilling and further exploration*
from the existing platform, and pos-

off-short

the

area

.sible future exploration from other platforms.

t

parent company, Texas Eastern Transmission Corporation, oper¬
natural gas system extending from Texas and Louisiana to
-the, Eastern seaboard, and is presently delivering gas on peak day*
at its delivery capacity of "740,000,000 cubic feet daily.. It has recently

•

ates

-V.

May

transcontinental Big Inch natural gas

and

The

1946

,167,372

on

production of oil and

announced.

located

/
$424,963
'

announced

Stanolind Oil & Gas Co.,

11,200 shs.
42,400 shs.

$490,671 --i. $458,276

corporation

Texas Eastern Production will operate

states

):. Outstanding

20,000 shs.
100,000 shs.

value)-

this

in exploration for and

Primary purpose of the new company, a Delaware corporation, win
to explore for natural gas reserves in connection with its parent

was

FINANCING

Authorized

($5 par value)..
par

NEW

TO

CONSOLIDATED EARNINGS FOR CALENDAR YEARS

ing the application that the directors voted last January to withdraw
r.the plans. .
' ■
; ••
'•
■ ,.•• '•
,■
tvThe company .was ordered by the S.EiC. in 1941 to
comply with the
Public Utility Holding Company Act by disposing of all of its
holdings

($5

EFFECT

of

wholly-owned subsidiary company, Texas Eastern Production Corp.,

engage

Galveston

accompany¬

mother than those in the Philadelphia Co., and Public
Utility Engineering
A Service COrp.
The company was required to take steps toward a

cumul.

stock—com.

GIVING
«

a

company's

»

'

satisfactory

in

Swift

several

directly

—V.

Standard Gas & Electric Co.—Seeks Withdrawal of All
Plans—
7'
-.r/V";■ -■

extension.

which

and

of

the

in

than the

of

stated,

the sale of these securities will be
applied toward the purchase of the land and buildings comprising its
present principal place of business at 1601 23rd St., Denver, Colo.

266,000

be

other

and

change the company's name to Sterling Oil & Gas Co.—V. 168, p. 1049.

PURPOSE—The

share___—
time

in

In

million converters.

the

1948

Roy W. Clansky, President,
present

International

tries

toid

2337.

p.

Sterling Oil & Refining Corp.

1950

$3,608,000

initially

new company and tbe
exchange offer discussed above, for the transfer of all shares owned by

Swift

repay

shares of common stock (par 10 cents) to be
share by Greenfield, Lax & Co., Inc. for the

14,447

cents

at

:

1949

profit____
Com, shs. outstanding—
per

"result

a

BUSINESS—Corporation

Dividends

$4,146,000

Net

Earned

as

ment andi for working capital.,-•

'

3950

deposited

shares

the books closed May 16.

1626.

168, p.

Sterling Oil of Oklahoma, Inc.—Files With SEC—

come

$2,948,000

issued

by tbe officers of Swift International over many months." It

Tellier & Co.

recently appointed President to succeed C.

was

who has been

See Sterling*; Oil &

subsidiaries

in

be

provides, in addition to the reorganization of the

$0.94

either

International

of reorganization has been proposed by the management at

Swift International
conducted

Tennessee Natural

included

were

will

deposit

of

International

Swift

the

Swift

of

certificates

Television &

Mendenhall

Earl

Johnson

1947

first quarter of

shares

The

shares of Swift

a share for share basis.
The initial
effective July 19, 1950,- If a minimum of
International has been tendered and ac¬

shares on

become

exchange offer; and the new shares will be issued for the certificatea
deposit when the initial exchange offer is declared effective.

170, p. 2337.

Sterling Electric Motors, Inc.—New President—

/

$0.86

-

of

3,100,000

$4,217,040

Prov.

unconsolidated

will

PROCEEDS—The

Sterling Oil & Gas Co.—New Name-

attempted in

1948

>

(par

outstanding 2.000,000

the

for their

PURPOSE—Proceeds

of the $37,727,600

$0.50

Brands Inc. for the

2068.'

Quarter End. Mar. 31—
Shipments

,

1,650,001

cepted.
of

of

offer

exchange

each

Earnings-

1950
$7,117,040

taxes

profit

Earnings

Standard Forgings Corp.—Earnings—

the

voted

30

on

Earnings available for common stock

$65,990,924 $62,906,640 $72,884,614 $70,634,836
2,142,578
1,786,370
2,913,328
3,188,136
3,174,527
3,174,527
3,174,527
3,174,527

sh

•,'j/
stock

Common

operating outside the United States, jn terms of U, S. dollars, totaled
$7,343,701 and $561,840, respectively, for the first three months of

;

March

on

taxes

Preferred

elected to the board of
recent deaths of J. W.

1949

acquiring

FINANCING
Net

■

Net

3 Mos. Ended Mar. 31—

and

tive

2,900,000

before

Estimated

,

'

'
>

the exchange

plan

of International Packers covers 2,000,000
value $15 per share) and certificates

statement

common

exchange

(Including Subsidiaries Operating in United States)

; ;

'Or

released.—V. 171, p. 1186.

Quarter Ended March 31—

Earnings

partner in the investment banking firm of Smith, Barney &

Standard Brands Inc.—Earnings—

Net

holders

Dividends

and William Barnes, Jr., President of the Citizens National Bank
Decatur.—V. 171, p. 1788.
'
1,1

•Net

,

par.—V. 171, p. 1674.

Profit

+

.

Sterling Drug, Inc. (& Subs.)—Quarterly

.Co.,
'of

in-

benefit plan,

new

$25)

(par

payment

at not less than

Wright, Chairman of the board of Republic Coal &
Co., Chicago, and A. Q. Petersen, President of Wesson Oil &

a

tbe

for

eligible

from 600,000 shares to 840,000 shares, to pro¬
May 1, 1950 of a 33'/3% stock dividend to
holders of record April 17, with the balance of the increased shares
available for offering to the company's employees, other than directors,
vide

D.

directors

to

In

mum

.

,u

.

.

report previously

stockholders

The

capital stock

Co.—Expenditures—Financing—

Over 91%

its

of

Suburban

(A. E.) Staley Manufacturing Co.—Two New Directors

Snowdrift

;

Stanley Works, New Britain, Conn.—CapitalizationIncreased—Fays 331/3% in Stock—

5,0.00
1,000

was subscribed, and the balance quickly disposed of by the under¬
writers, Mr. Mercier reported.—V. 171, p. 1891.

(0utler,

the company's contributory retirement
savings -bonds under a payroll savings

employees

and Treasurer.—V,

he said.

reorganization

the

under

of

in

of

the first time such financing had been

tbe purpose of making

Delaware for

i

shares

appears somewhat better than it did a year ago."
Large imports
however, still a threat to the domestic Industry, as discussed in

year

issue

Coke

of

Standard's annual

The company successfully offered convertible debentures to its stock¬

Harold

in

.

notification with the
subordinated debentures to be

letter

a

series E 5%

the railroad industry since 1937,

;

$L.fi&
end unique savings

employee so chooses.
■
A. Wi Peake, President, said that "the total volume of sales of
products during the first quarter showed an increase of 17% over
the first quarter of 1949, which appears to be better than the industry
average."
He revealed "the general outlook for tbe remainder of the

V-J

holders in March,

$1.61

retirement

diesel locomotives.
,

$24,700,000 $25,300,000

.

those who are not now but may become participants In. the
plan, is close to 26,000.
The plan will become effective at
Bond deductions can be retroactive to April 1, 1950, if an

eluding

•

Day, Southern Pacific; has spent about $275,000,000 for
new rolling stock alone, A
T. Mercier, President, reported on May 10.
This included orders this year for 3100 more freight cars and'36 more

*.

number

The

"

underwriter.

Southern Pacific

1

A

Co., Atlanta, Ga.—Files With SEC
12

oi

W50

_

a-a---——.

participate

who

employees

the procc-eds to be added to working capital and to reduce

bank

share—

per

plan and buy United States
plan over a year's period.

&

,

r

a

securities

The registration

mation

stockholders on May 11 approved a new
and stock bonus plan for employees which will provide for tbe issu¬
ance
of Standard
Oil
(Indiana) stock without additional cost to

—V.

Southern Discount

in

non-Argentine subsidiaries of Swift International pursuant to thw

the

.

1,000

Kidder, Peabody & Co._

1950, in
its

of

shares

(Indiana)—Quarterly Earnings-

Quarter Ended March 31—
Consolidated net earnings after taxes

*-/

Goodwin ...
5,000
Watling, Lerchen & Co.—
4,000
Weeden & Co., Inc
10,000
C. N. White & Co._.._
1,000
While, Weld & Co
'i:
17,750
Whiting, Weeks & Stubbs.
4,000
Dean Witter & Co
—
50,000
Wood, Struthers & Co,
5,000
Wullf, Hansen & Co
2,000

1,000

Co

Hoffman

Walston,

1,000

William D. James Co
1

by

April,

offer

Packers,

9,000
1,000
Tucker, Anthony & Co
5,000
Union Securities Corp
17,750
Van Alstyne Noel Corp
2,000
Wagenseller & Durst, Inc..
5,000
G. H. Walker & Co
7,000

9,000

& Co

SEC

the
in

meeting of its shareholders

general

disclosed

was

corporation,

171, p. 986.

Standard Oil Co.

Spencer Trask & Co..
Tucker & Company...—r

,

2,000
1,000

Weeks...

&

Hutton

V.

4,000

F. Swift & Co..—.

Henry

2,000

Hogle &
& Fay..

Hope & Co
Hopkins, Harbach &

of Standard, and
election of Edward
O. Boshell, the present President and Chairman.
Messrs. Johnson and
Cochran are still active members of Standard's board of directors..
»

resigned as President and Chairman
Johnson served as Chairman of the Board until the

7,000
8,000

& Co

Sutro

2,000

Son...

1947

Crowley

T.

Smith, Barney It Co...—. 17,750
William R. Staats Co
20,000
Starkweather & Co
2,000
Stern Brothers & Co—...
5,000
Stern, Frank & Meyer.—
5,000
Stone It Webster Securities
Corp.
17,750
Stone & Youngberg
2,000
J. S. Strauss & Co
2,000
Stroud & Co., Inc.—
5,000

Glore, Forgan It Co...
17,750
Goldman, Sachs & Co..... 17,750
Granbery, Marache & Co..
2,000
Wesley Hall & Co
—
2,000

1950,

deposit for deposit certificates of bearer share certificates for
2,000,000 shares, Swift International.
The shares are to be offered

''
Guggenheimer & Untermyer were counsel to the JobnsonCochran group in their successful proxy campaign against tbe man¬
agement, which resulted in the election of Johnson and Cochran to the
board of directors of Standard Gas & Electric Co.
Subsequently Leo

1,000
2,000
9,000
7,000
2,000

this company to be voted upon at an
to be held May 22,
registration statement filed on May 11 with
International Packers Ltd.
The latter was incorporated
reorganization of

for

plan

extraordinary

of Standard. ♦
Dntcrmyer of New
York, who previously served as counsel to a group of $4 stockholders
headed by Christian A. Johnson and W. Kent Cochran.
In 1945 this
group
intervened in the U. S. /District Court for the District of
Delaware in opposition to the then pending reorganization plan.
They
were
successful in having the- Court remand the plan to the SEC.
The stock was then selling for about $6 per share, and is now about
holders of 32,600 shares of the $4 Preferred Stock
Counsel for the committee are Guggenheimer &

The

Shearson, Hammill & Co—
Shields & Company—
/.Shinnan, Agnew It Co.....
Singer, Deane & Scribner.

2,000

Friedman....

H.

Maxfield

Corp..

Corp...

Michigan

of

10,000

Co.........

announced

Swift Inter-

plan.

In

&

Chas. W. Scranton & Co—
Flank C. Shaughnessy &
Co.
...

4,000

-

Co

It

A

the $4

for

12

SEC

$75.'::"a,

& Hutzler. 12,000

Schocllkopf, Hutton
Porneroy, Inc.
8chwabacher & Co

Eastman, Dillon & Co

Elworthy

Bros.

May

under

'

...

Francis I. du

committee

on

(Compania

Ltd.

national, SAC)—Plan of Reorganization—

Ing engineer, and Homer J. Belanger, partner in the New York ac¬
counting firm of Barnett, Boulogne-and Belanger.
Tbe committee
states that before commencing its solicitation it already represented

.

Revel Miller & Co
3,000
Blair, Rollins & Co.
The Milwaukee Co
5,000
William Blair & Co
—4.000
M;tchum, Tully & Co
8,000
Blunt Ellis & Simmons
4,000
Moore, Leonard & Lynch..
2,000
Blyth & Co., Inc.
— 38,750
; Morgan & Co
2,000
Bosworth, Sullivan & Co.,
Morgan Stanley & Co
37,000
Inc.
4,000
Maynard H. Murch & Co.. 4,000
Alex. Brown & Sons
5,000
Newhard, Cook & Co
2,000
Brush
Slocumb & Co..___ 10,000
E. M. Newton & Co
2,000
Quincy Cass Associates
1,000
The Ohio Company
4,000
Central Republic Co. (Inc.)
9,000
Pacific Co., of California.. 10,000
Clark
Dodge & Co..
9,000
Pacific Northwest Co
5,000
Coffin & Burr, Inc..
7,000
Paine, Webber, Jackson &
Julien Collins & Co
4,000
Curtis
9,000
Conrad, Bruce & Co
a
1,000
Pasadena Corp.
2,000
Crowell, Weedon & Co.— 10,000
R. W. Pressprich & Co
9,000
Henry Dahlberg & Co....;^ 2,000
Putnam & Co
4,000
Davies & Meija....
5,000
Reinholdt & Gardner
2,000
Davis, Skaggs & Co
5,000
Riter & Co
2,000
Derapsey Tegeler & Co
3,000,'
Rotan, Mosle and MoreDrexel & Co
9,000
land
2,000

v,'/•>; ?/ie;

cumulative preferred stock of this comthat its proxy material has become ef¬
Regulations, * and that the committee is now accepting authorizations to represent holders of $4 preferred stock in all
proceedings related to the liquidation or reorganization of the company. .! •'•'.•. •'•:; '•>.•<
'
■'.<-: "v':
The Committee consists, of W. Fairfield Peterson, Baltimore consultThe

pany

fective

H. Irving Lee & Co
1,000
Lee Higglnson Corp.......
7,000
Lehman Brothers
17,750

(Inc.)„ 20,000
9,000

C.

Shares

•

^ V-'••"*

International Co.

Swift

and Now So¬

Committee Organized

Stock

liciting Authorizations—
't.

-

Shares

The

A.

respective

from

Preferred

severally
Dumber of

hard

beJow

named

underwriters

the company
the
preferred stock set forth below:

purchase

to

Monday, May 22,1950

...

a

Volume 171

Number 4909

.

.

The Commercial and Financial Chronicle

.

(2103)
applied
Us

to

the

system

Federal

provide

to

Power

Commission

for

gas

the

New

for

permission

England

market

to

the

expand

of

Seeks Authority to Build New Pipe Line—
The

corporation

Federal
pipe

Power

line

leet ot
In

30

announced

Commission

inches

natural

gas

filed

Annual

000,000

in

May 8 that
permission to
to

and Seaboard

application, filed

cation
r *

on

for

diameter

May 5,

has

build

applied

the

to

791-mile

new

a

476.400,000

to

cubic

in

the

the

,

facilites

new

application,

estimated

are

and

the

project

the

of

cost

Its

with

operator
United

annually,

at

at

FPC

the

The

one

Big

natural

Inch

Line

Co.

to

almost

all

facilities

Eastern

would

start

and

initial

said,

promptly

on

deliveries

gas

later, the company estimated.
will be financed through the sale

project
other securities, the application said.—V. 171, p. 1789.'

loan

notes,

due

Period End. Mar. 31—

Common

Operating

$1,810,888

revenues

Profit

bef.

income

Prov.

for

Fed.

taxes

tThe

and

In

.

interest
of

157,570

profit

$312,158

Pfd.

dividends

—V.

171,

$286,185

notes

that

the

paid

375,673

Dec.

31,

these

notes

6,200,000

dependent upon
Bank

of

-

interest

rate

be

may

York

above

Jan.

later

to

June

not

of

in

to

the

rate

a

has

been

of

the

discount
issued.

were

of

excess

the Federal

2,775,000

changed into

1.355

Trad Television

2%

rate

Period End. Mar. 31—
revenues

Prov.

for

Fed.

taxes

;

,

Bank

.1

250,266

60,641

3,113,243

2,676,736

$379,648

$68,567

$5,443,417

$4,258,234

of

outstanding

1943

1947

shares/resulting

in

in¬

an

income

$3,121,505

$2,751,869

$3,181,598

755,942

663.306

850,575

taxes

248,500

Com.

shs.

287,300

252,200

$468,642

$411,606

338,300

338,300

338,300

336,140

$1.14

$1.33

$1.16

from

The

the

$1.51

sale

Net

(without
for

June

value)

equal

1950.

The

shares
of

of

of

$105

The

funds

;.V. i"" V

the

be

for

made

30,

at

the

the

also

lot

equal

being

the

bank

no

dated

loans,

those

office,

addition

May

10,

1950,

to

all

retirement

$3.75

and

to

up

within

Humphrey, 7 President,
reference

reports,

Until

area.

this

stock

The
and

Oil

have

or

170,

the

this

1920.

p.

be

must

of

to

five

Earns,

—V.

per

170.

gathered

that

except

said,

not

may

we

is

that

Tide

Water

cost

of

this

2,421,380

share—

$1.26

$1.22

$1.39

$1.43

7

has
be

1947

to

The

of

expects

required to

funds

during

1950

of 400.000

derived

and

Program and Future

been

In

engaged

completed

at

total

a

of

common

It is estimated

the

end

period

of

and

$5,400,000

to

provide

in

1951

for

approximately

from

depreciation

(2)

the

common

the

and

to

be

(3)

$18,700,000

of

1951

since

the

stock

stock

that

of

about

at

sometime

(1)

record

the

43%

total

will

been

retained

company

000

(over 60% t

was

used

It is

400,000

after

had

company

$5,332,148

to

dividend

$387,507

$2,396,919

550,000

558,000

550,000

55,869

in

$70,213

taxes

ended

the

If

May

on

of

feet

authorized

4

construct

to

about

to

line

which

largely

daily,

construct

the

for
will

feet

Gas

this

daily

of its

assist

in

the intention

years

earnings applicable

financing

of

the

additional




its

Is

not

before

retained
to

the

the

constmctiqn

directors,
common

program.

plant

paper
The
p.

feet

to declare

a

dividend

*

the

initial

change

any

in

' net

and

It

processes.

in

such

is

.

companies

conducting scientific research

in

intended

shall' be

chemistry,

of

1

Distribute Iowa Power

authorized
June

on

the

on

United

Light.

distribution

22,

basis

1950,

of

Scrip

of

will

of

be

stock

common

United

to

share

one

Light

Iowa

stock¬

Power

issued

for

instead;of

■■

of

35

cents

\

share

per

Iowa

on

Power

stock

for

date

for

relating

the

to

that

of

Light

Eastern
be

cannot

distribution

has

Kansas

Utilities,

determined

been

until

received.—V.

^.

May

on

10

announced

that

;r

.

„

distribution

United

of

the

will be paid to United Light before

year

four

of

a

171,
■

v

its

•

y;>

steel

Panhandle.

to

it

its

on

will

Pan¬

•

Estimated

30,

1950,

to

:

from

been

and

the Job

complete

to

Commission

these

of

about

in

160

4 authorized

May

on

miles

facilities

is

of

pipeline

units

compressor

$15,944,500.

inequities.

will

a

pro¬

A

salary

new

established

be

involv¬

program

scale

shortly

after

believe

that

this

will

constitute

constructive

a

step

lower

than

the

new

standards

will

be

whose

raised

salaries

the

to

have

scales.

new

Payments with respect to the past period v which in the
aggregate will
'total
approximately $5,000,000, will be made about three or four
! months
from now.
This program to eliminate
salary Inequities was
: undertaken by
the Companies and the Union shortly after commence¬
ment

by

was

Pan¬

of

Board

directive.

installa¬

While

stations.

'entitled

In

will

the

program
applicable
to
hourly rated employees jvhich
in certain basic phasee in 1947.
The program grew
prior agreements undertaken as a result of a 1944 War Labor

completed
of

and

approximately 188 miles of line and additional
existing stations, to be built at an estimated

at

rate

personnel

of

parts

year.

companies

existing

at

salary

salaried

basic

;

;>.
construction

and

Corp., Columbia Steel Co. and National Tube Co.,

:

the project

cost of
•;

commence

plant

,

plus

draw

Southwest.

plant
this

of

improving employer-employee relations. Under the agreements jobs
approximately 6,000 plant salaried employees are grouped in 17
general salary classifications.
The scsles, based on the principle of
fair pay for fair
performance, will start at $83,00 in the lowest class
and rise to a maximum of $198 20 for a
bl-wcekly period. A schedule
Of training and
development rates is applicable to each Job,
Employees of American Steel <fe Wire Co., Carnegie-Illinois Steel

system

Trunkline

from

15

substantial

on

elimination

of

out

the

include

horsepower

be

it

is

to

upward

not

known

yet

bow

adjustments,

affected.—V.

171, p.

many

which

or

substantial

a

1790.

employees

number

•

-

of

will

be

employees

•

,

<

,

.Universal Laboratories Ine.—Unit Expands—

com¬

The

cost

corporation

May

on

11

reported

that

its

wholly-owned

sub¬

sidiary, Sleight

the

Commission

12..

granted

authorization

for

Metallic Ink Co. has acquired the Charles W. Young
Denver, Colo.,
which
had
represented
the
Sleight Metallic
organization in the Colorado area for sevejal years. —V. 170,
p. 1741.
Co.

the

which

60%

has

its

ownership

main

of

170,

office

the

in

and
as

completion

of

the

9 Months Ended March 31—

for Trunk-

those set

City, Mo., recently
common ana pcrfcrred

outstanding

Stevens

Naylor
been

has

1949
$34,231,489

3,974.071

2,955,633

2,812,538

1,404,760

1,411,250

$2.99

$2.82

taxes

Provided for Fed., State & foreign income taxes
outstanding
;
Earnings per share

—V.
■

170,

1440.

p.

Vieh Co., Columbus, Ohio—Files With SEC—

i

The company on May 8 filed a letter of notification with the
SEC
covering 19,500 shares of common stock to be issued at $10 per share
through The Ohio Company.
The proceeds are to buy the assets of
Brodhead-Garrett Co. and for working capital.

Virginia Telephone & Telegraph Co.—Plans Financing

been

made

after

Shares

stockholders accept, 78,750 shares of common stock
exchange for the outstanding 17,500 shares of Stevens

in

Income

4,203,602

sales

Net

Kansas

1950

$34,767,085

Net

2337.

p.

of

JVick Chemical Co. (& Subs.)—Earnings Show Gain—

\

.

Trunkline.—V.

elected

President

Chairman.—V.

Loddengaard,

President,

Is under construction

170,

p.

new

new

■;:

plant,

power

board

to

meet

unit

The Virginia State Corporation Commission on
April 6 held a hearing
the application of
this
company,
a
wholly-owned subsidiary of
Central Telephone Co., for
on

to

succeed

J.

H.

Watters

authority

proceeds will

2337.

be

V o;*.

explained,

ready

recently that

a

be

used

and

to

to

issue

two-year

refund

additions.—V.

bank

165,

$1,100,000

credit

bonds.

notes

The

issued

"

3176.

p.

for

'

,

for

of

Virginia & Truckee Ry.—Abandonment Approved—

power

new

company's Thompson, N. Y.

■

expanding sales

will

1466.

he

announced

the

at

plant.

The

The ICC

paper-

will

increase

production

certificates

September.—V.

in

of

171,

it

proceeds

to

be

have expired.—V.

used
171,

to
p.

redeem

1674.

•

company

to 'connect

outstanding

scrip

agreement under

to

company

Nevada.

abandon

Operations

its

line

entire

be

will

of

abandoned

and • Mutfreesboro,

Tena.,

earnings 'Should

which

it

may

borrow $5,000,000 later

.

The

;

at a

recently announced that by the time it will be ready

Morristown

in

114.

this year on its 2Vz% promissory note due
Sept. 15, 1960.
Arrangements for the loan were made in conjunction
with Goldman, Sachs & Co.
.
; t

,

United Cities Utilities Co.—Financing Plans—
The

the

miles
p.

Walgreen Co.—To Place Note Privately—The company,
was announced on
May 15, has entered into a loan

ing
r *

authorized

*

cartons.

operation

on

the

Co.,
which

has

approximately 46.48
on May 31.—V.. 153,

-.'V-,'

\

corporation

Oliphant «fc

"
at

following

with

in

May 15 filed a letter of notification with the
8EC covering 400 shares of common stock
(par 30 cents), which are
to be offered at market (about $3.l2>/2 per share), through James H.

subject to the company's sale pf

stock,

weeks

primarily in securities of
being applied in development

is

products

May 16
Light Co.

June

corporation

The

ol

'United Cigar-Whelan Stores Corp.—Files With SEC—
»•

because

-

;

its

invested

investments

on

America-CIO

July

„

facilities which

issued

The

;

stock Which
.

two
vary

research

the
are

stockholders

covering
company

in. addition to the 740laterals and 32,000 horse¬

of

than $6,400.-

more

common

of

United States Steel Corp.—Wage Adjustments—

approximately

carry

which

in

Trunkline

June

v

cost

a

C.

board

believes that

.significant

of

that

&

dividend

The

171,

involves,
miles

stations.

also directed

construct

June

P. M.

sale

."

first

will

be

shares.

definite

ing

cubic

facilities

receive

Fields

program

compressor

will

delivery

additional

It

gas

cubic

Hugoton

or

Include

has

the

-

shares

United Board & Carton Corp.—New Plant—

of $7,500,000

company

Power

construction

and equipment at
during the five-year

^

1,000,000

offering price _will be $5 per
unchanged through May 31, 1950, as

the

will

scientific

those

order

pipeline facilities

300,000,000

0

on

units

all

N.
who

.!

initial

price

successful

1998.

1950,

31,

;'j

•

publicly offered

The

during
the

80%

directors

to

P.

Union Asbestos & Rubber Co.—New President—

plant

The

to

SEC

.

Net

$314,930.—V.

were

17

remain

Fund

precedihg

March

788.

p.

,

consoli¬

1948.

171,

"/

where

two

A

.

will be

dividends each year on Its com¬

1922.

distributions

has for the last three

shares of

$493,677

quarterly period of this
distribution.
!
*
\

the

in¬

.

months

total

transmission

line

16,000

of

earnings

from

issuance

added
.

recent

the

v

stock,

common

1951.

property,

have

varying amounts since

of

1,309,000

second

its

stock.—V. 171, p. 595.

the

realized

the

during

1946.

in

215,800

558,000

1

least

Iowa

The

will

stock.

the

by

..

mon

Company

outstanding,

The stockholders on April 27
approved a proposal to acquire Fred¬
B. Stevens, Inc., as a
wholly-owned subsidiary through the ex¬
change of
shares of the common stock for each share of Stevens

installation,

program

and

reserves

proceeds

stock,

DIVIDENDS—The company has paid

.

The

a

erick

estimated

principal amount of first mortgage bonds presently expected to be sold
In December, 1950.
The method of providing the remaining $2,300,000
has not yet been
determined and may take the form of the sale of
V '

50,866

262,500

United Light & Rys. Co.- -To
Stock to Its Shareholders^—

pro¬

retire

Udylite Corp.—Acquisition Approved—

extensive construc¬

an

1951

in

complete such construction

1951;

shares

additional

to

$14,221,000.

stock

extension of transmission and distribution systems.

company

Cr78,542

1611.

p.

in

.*21,000.000
use

of

against

as

three

approximately 560

main

to

secured

-"fj.V' V'..,'v','7

1949, of a 60,000-75,000 kwh. 60-cycle generating unit
replace a 20.000 kwh. 25-cycle generating unit at the Acme Station.
additional expenditures will be made primarily for the reinforce¬
and

the

Co.

construction

Panhandle,

The

ment

the

stock

the

The dates ordered for the commencement
Panhandle construction program are the same
line.

the

1950

$299,121,

Line

and

line,

new

of

pressor

$3,456,969

2,421,330

in

notes,

with

compared

Pipe

transport

1951.

26.

mence

2,421,380

of

calendar., year,

earnings

50,000,000

project

facilities

Of

(& Subs.)—Earnings—

2,421,380

mately $3,150,000
commenced

65,014

bio-chemistry, electricity, electronics, metallurgy, geology, mechanical
engineering, aerodynanricc and nuclear, or atomic, physics.—V. 171,

addition, certain
previously authorized by the Commission were approved for
construction in conjunction with
the new expansion program.
These

program

that

company,

used

at

confined

facilities

approximately

on

estimated

959,376

42,878

May

monies

commercially

that

previously
authorized facilities, it said that the status of these outstanding au¬
thorizations should be an issue in the hearings scheduled to com¬

$3,373,720

to

its

shares

635,000

combined

a

Commission

Estimated

$47,750,000.
As of Dec. 31, 1949 expenditures
amounted to approximately $26,750,000.
It is
remaining $21,000,000 required to complete the
construction program, approximately $7,600,000 will be
expended during
1950 and $13,400,000 in
1951.
These expenditures include approxi¬

made

to

Although

$2,945,137

company

in

The

tion

has

1948

expected

main

handle

Associ¬
nor

1949

1947 the

of

$80,084,000.

Oct.

Financing—
program

of

.

'

Toledo Edison Co.- -Construction
Since

it

Panhandle

The

*

comment on

monopolistic practices

any

1845.

tion

$4,772,031

682,896

Cr9,873

will

Science

companies

gas per day
to markets 111 the Midwest.
project involves construction of a 740-mile Loulsiana-

main

additional

the

from

shares.

com.

1950—9 Mos.—1949

17,416

Fund.

Thereafter

value.

United

offering.

Commission

Eastern

carry

was

or its

$3,059,563

p.

asset

natural

enable

an

years

at $105

1945,

1950

common

the

be

price

Fund

offering.

Supply Co,—Plans Expansion—

Power

authorized

profit after charges
of

No.

of

In

net

cubic

on

'

taxes

and

250:000,000

Justice:

complaint

Timken Roller Bearing Co.

and

will

power

knowledge,

never engaged
in
to restrain trade;

Quarter End. Mar. 31—
Net

Federal

to-Iliinois

the contrary, it has always con¬
ducted its operations in
an
ethical
and
legal manner and we are
confident that this will be established at the trial of these
proceedings."
—V.

sales

handle

on

Department of

reviewed

However,

has

It ever conspired

Subs.)—Earnings—

ducing subsidiaries have concluded agreements with United Steelworkers

additional

relating to the institution of anti-trust proceedings
integrated oil companies including Tide Water Associated
on
account of alleged operations in the Pacific Coast

we

Co.

the

of

will

preferred

or

7v7'77';V''7:Vl

Panhandle

which

unpaid
close

the

May 12 Issued the following
anti-trust suits filed in the Federal

the

information

proceeding.

ated

to

Angeles by

Company

Niagara
common.

142,900

on

Science

which

Inc.,
1949

were

Trunk!ine Gas

77';

period

a

7'

preferred stock issued in

F.

against seven

share,

p. 1892.

7

the

debt

$7,014,870,

net

$3,281,261,

were

17

38,803

to

from

accrued

transferable

..7 ■'
of

funds

shares

retirement

funded

taxes

Consolidated

business

of

the redemption of the 172,135 shares Of
July 1, 1950, are available in the company's
of funds for this purpose having been neces¬

in

news

of

United

on

On

the newly appointed funds investment
manager, Continental Research
Corp., has announced that it will make no investments of United

stock¬

1

the

of

after

Trunkline's

no

selling

corporation

Science

75,000

consisting
the current

in

sales

net

earnings
year. V.

Denies Monopolistic Practices—

Oil

the

capitalization

cluding

for

completes

have

of

addition.

The Trunkllne

William

"We

share

paid

A
was

years.

$1,250,539

outstg.

shares

Certificates

close

company's
in

are

■■■■■'"■A:/-■

Los

l/10th

also

was

1949.

which

12

298,461

—

period.—V.

each

sole

on July 1,
1950, through the
sinking fund redemption price

the

statement
in

two

of

United

new

of

redemption

amount

1950.
on

300,000 shares

Court

to

shares

end

fractional

for

mile

••

of

dividend

stock

1949,

$1,137,068

income

This

stock

May 8 by letter of

on

went

sold privately
common

,

share.

per

in

23,

1950—3 Mos.—1949

taxes

ment

plus

share

per

dividends.
to

up

at

$106

of

unpaid

drawn by
redemption

plus ah
certificates

stock

•

of

United

Nov.

United Funds, Inc.—New Stock Offered—

Y.

N.

fund,

borrowing

Foregoing
of

will

for

required

no

price

and

transferred

preferred

1950,

sinking

June

preferred

sary.

8,

such

treasury,

be

share

per

business

half

of

$229,793

income

record

Co.—Completes Retirement

redemption

accrued

may

called

$3.75

May
stock

dividends,

the

all

York,

now

the

record

preferred

of

New

shares

the

at

to

Payment

Battery Place,

first

on

239,011

(net)

holders of

Stoek—

redemption

30.

the

paid
stock

13,274

of

on
May 15 approved redemption on July 1. 1950, of
133,332 shares of the $3.75 cumulative preferred stock

par

amount

an

\[

'

$615,105

a $25,000 real estate
note, to lend Orleans Mfg.
wholly-owned subsidiary, an estimated $125,000 for a plant addi¬
tion, and to buy an estimated $100,000 worth of machinery and equip¬

directors

called

Privately—Tellier

a

EARNINGS—In

remaining

proceeds

CAPITALIZATION—With

Tide Water Associated Oil

The

la
this

gas

connect

'

deprec

Co..

have

the

capital

common

in

common
was

common

profit
and

$219,000 bank note and

171, p. 594.

of Preferred

Sold

PROCEEDS—Together with other cash
ceeds

$527,375

outstdg
com. sh._—_

per

share

the

special

a

the

on

per

on

Corp.
1790.:;

p.

♦Common

of this company.

323,200

$405,535

profit

Earns,

cents

deducts,

Federal

inc.

—

Federal
Net

Fed.

1949

$3,466,106

—

before

taxes

1950

654,035

sales.—

Profit

install

to

.

Miscel.

nette
Friedman, Vice-President, and Ellis Friedman,
Secretary. This is the first public offering of the shares

Thomas Steel Co.—Earnings—
Net

to

•'

Period End. Apr. 30—

May 18 offered pub¬
licly 315,000 shares of commori stock (par $1) at $6.25
per share, of which 75,000 shares represents newly issued
stock and 240,000 shares are for the account of the com¬
pany's principal officers, Joe Friedman, President; Jean-

.'-.v

Quar. End. Mar. 31—

:

paid

was

10

1949,

Depletion

Trav-Ler Radio Corp.—Stock Offered—Straus & Blosser and associated underwriters on

1892,

p.

used

expects

,14*

May 18 declared a dividend of 10 cents per sharfe
stock, payable June 30, 1950 to holders of record

Power

171,

Operating

of

1950—12 Mos.—1949

income

profit—-—.
171,

be

United Electric Coal Companies (&

holders.—V. 171, p. 1998.

$1,735,544 $24,503,032 $22,540,937
129,203
8,561,665
6,934,970

629,914

—

Net

-V.

1950—Month—1949

$1,953,095

____

taxes___

Corp.—Stock

(par 1 cent) filed with the SEC
notification.

Texas Power & Light Co.—Earnings—

inc.

will

company

March

arrange¬
Gas Co., . a

on

dividend

31,

Hudson

—V.

Such

dependent

Reserve

shares

& Co., it was announced on
May 13, has
at 60 cents per share the
46,000 shares of

share, through Blyth &
Quickly completed.—V. 171, p. 1395.
s

bef.

the

On

Tennessee

of

•

dividend

•At

dealers' discount of 40 cents per

Profit

practically
bonds

proceeds

which

Interest
each

had

256.

1950.

fir3t

Dec.

985,125 shares, and in connection therewith $4,925,625 of
surplus has been transferred to capital.
1950-1957 in semi-annual instalments of $225,000 to
June, 1957.
—V. 171, p. 1674.
7 7 7

Corp.—Secondary Offering—
A secondary offering of 6,000 shares of common stock
(par $5) was made May 10 at $17.37Y2 per share, less

Operating

The

state

it

additional

earned

Gas Transmission

Co., Inc.

that
p.

common

5,

No

the

§Due

Texas

subsidiary.

of

168,

dividend of

not

of

crease

that

$250,000

Hickey, President, in announcing the dividend action stated
earnings of United for the first six months of 1950 should be
approximately 1,1 cents per share on the common stock.

2%.
1950

for

Win. M.

lV2%'as provided

above
notes

in

securities

subsidiary bonds

that

may at maturity deliver
exchange for these notes and
maturing notes shall be at least

rate

of

directors

the

in

rate

a

other

or

United Corp. (Del.)—Dividend of 10 Cents—

company

1951

the discount

31,

stock

the

on

increased
in

the

Dec. 31,

on

sale

towns

The
on

6,200,000

increased

York

preferred stock

•;

stated

company

for

wholly-owned

160,000 shs.

these

issue

completed

14,160,125 shs.

increase

any

New

to

improvements.

the

year.—V.

160,000 shs.

which

It

needed.
of

ments

300,000 shs.

be

allow

amounts

1950,

:

3,375,000

may

to

as

The company reported that during 1949 $100,000
were sold to provide funds for
property
,

$32,000,000

,

5,000,000
2,500,000

1950—

such

additional

four

5,000,000 shs.

on

maturing

and

common

$4,162,883
375,678

1789.

p.

*

2,500,000-

4,500.000

Reserve

any increase

New

2,458,498

$4,599,085

be

an

Outstanding

$5,000,000

agreement under
agreement provides that

2xk%

6.621,381

rate

Federal

tSince
Net

_i

..

—

credit

credit

2,747,294

at

FINANCING

Authorized

due

2J/a%

the

the

upon

185,967

record

of

excess

new

income

taxes

of

by the company
the board to pay

of

PROPOSED

TO

(par $5)

•of

7,346,379

sale

this series and of any series other than the
1978 series
1979 series may be issued without limitation as
to aggregate prin¬
cipal amount but subject to the restrictive provisions of the
mortgage.

1950—12 Mos.—1949

443,755

EFFECT

(2%)

2%,

stock

♦Bonds

$1,649,419 $22,591,637 $20,244,987

498,125

the

of

■and

Co.—Earnings—

1950—Month—1949

GIVING

1977

notes

in

Texas Electric Service

stockholders
Intention

preferred stock (par $100)
cumulative preferred stock

V 4y*%

receipt
would

bonds

of

to

the

Cumulative

of
gas

year

new

also

bonds:

series,

SBank

has

system,

gas

purchase

project, 134,000,000,000 cubic feet of
Kosciusko, Miss., it was revealed.

new

approval, Texas

within

start

of

Pipe

new

point near

a

Construction
of

the

of

Gas

requirements for the

completion

is

series, due 1978
series, due 1979

3%

tTerm

company,

contracted

payable

the
It

3Vs%

$117,800,000.
This

mortgage

2%%

142,201,-

at

share,
to

per

stock.

CAPITALIZATION

previous appli¬
'
s

a

17V2C

subsequent

common

'

First

amendment to

an

,

through

feet

it

up

areas.

is

1948.

sales

cubic

supply

of

date

such

dividends quarterly on the common
stock, but dividends thereafter will
be declared by the directors in the
light of then existing business con¬
ditions, earnings and the cash requirements of the
company.

day to New England and to its present customers

a

the Appalachian

The

in

rate

early

area.-

XI

<

'

proposed

borrowing

would

partially

cover

later date all of the remaining shares of the
4%
preferred stock.'
"

The

company

operates

throughout the country.—V.

a

chain

171.

p.

V'.>:'.(Continued

of

more

the

cost

page

retiring

than

L-w*

_

4<KL

1998.

on

of

company's outstand¬

drug

stdre*
s

50)

-

'"?XZ

\2

The Commercial and Financial Chronicle

(2104)

Dividend announcements
tables.

;

a

7%

grouped in two separate

are

indicate

we

the

all

table in

second

which

Acme

Electric

Corp.,

Extra

,—---—-♦<-

12M2c

____

6-15

Corporation, common,.,.,—
convertible preferred (quar.)—

6- *1

Alabama

RR.

Southern

Great

Allied

Products

Allis- (Louis i
Extra

Corp.

(quar.)

of

Ambassador

preferred

Bakeries

American

Beverage,

20c

,

er

Co.

4%

pfd.

conv.

(quar.)

'

6-

1

5-24

>

6-»

1

5c

preferred
Tiling

A

Co.

6-15".

35c

.

62 '/2C

7-

87 Mac

—

(quar.)

7-

1

Enka

American

,

Prior

preferred
Metal

Increased

(s-at

of

75c

Stores

stock
$6

7%

preferred

pfd.

Increased

semi-annual

American

Telephone

American

Woolen

1

•

$4.50

.<4-28
e-1

y

1

6-2

^6-5

7"

■,

$1

$1.75

7-

6-5

3

7-

$2.25

Anderson-Prichard

1

6-15

Applied

Arts

Armstrong
.Class

,

Rubber, class A

B

43/4%

/f
El

Aspinook
Associates

Atlantic

•

Gulf

&

•

6-

25c

6-30

■1/ 10c

———.

6-30

6-10

25c

5%
preferred—
Corporation (quar.)

Avon'Allied Products,
Avondale Mills

Inc.,

pfd.

Foods,

Class

Inc.,

A

(quar.)

8c

1

7--1

50c

5-29

Believe

payment

clears

all

xtieech-Nut

,

■^Bessemer

Packing

& Lake

Co.

*

«Coss

Manufacturing

;
*

6%

-

Griggs
■

&

5-25

5-12

1

5-20

6-30

$1

.

}$1.50

7i -4

•

25c

6-15

6-*l

6-

9-

8-18

12V2C:
VaCl

6-

'5.-19

6-

5-19

28

....

'5-23

20C

67-

Ink

•Canada
Canada
Canada
'Canada

Class
Class

$1.75

6-12

Permanent
Wire
A

&

$1.50

Gold

Silk Products

class.

6-15

66-

9

6-30

6-

Ltd.

J2c

137M2c

Co.

6-30
7-

4%

B

preferred

-Chesebrough

Mfg.

Co.

dividend

May

.

no

payment

action

on

6-

meeting

,

!6-

-

$1

1

6-1

50c

7-

1

6-23

25c

(6-23

6- .2
6-

class

held

Mill

&

Lumber

(quar.)

ACteickasha

—

6-15

30c

6-30

6-15

Oil

(quar.)




6-30

6-15

25c

7-15

6

25c

10-15

'

Metal

6-17

5-31
6-

9

New
:

preferred

5-19

1

5-20

Montana

:

6-

1

6-

1

5-20

6-15

5-31

5-20

20c

6-15

5-22

4-17

6-15

6-

5c

6-23

6-5

15c

6-15

6-

6-20

1

7-

1

7-

1

6-

1

National

Oats

7-

1

6-

1

National

7-

1

6-

1

6-23

6-

7

Natural

New

7-

1

6-15

R.)

7-

Utilities Co.,

15c

__

1

Western

Sugar

Co.,

,

6-16

8-

1

76-

1

preferred

Laundries,

$6

334%

preferred

6-30

6-

9

6-16

5-29

60c

6-

1

5-22

30c

7-

3

6-10

Northern Liberties Gas

7-

3

6-10

Northern
Ohio

Match

Ohio

Water

Service

6-30

6-

issue

Norris
-

dividend

30

at

$103

for

$4

5-26

redemption

(One

Oil

share

per

prior

1950.

'

Brothers

47
Hart

to

Water

preferred

Company,

Penick

common

Ltd.

25c

7-

1

6-15

$1

7-

1

6-15

7-

1

6-15

7-

6

7-

3

»
•

(quar.)

Battery Company, Ltd.y
$3

Hazeltine

(G.)

Henkel-Clauss,

75c

(quar.)—

(quar.)_,

Brewing

6-15

6-

6-15

6-

6-20

(quar,),.,———
Hinde & Dauch Paper Co. of Canada, Ltd.—
4
Quarterly
I

-

.r

50c

7-

1

$103

Pet

6-20

J25c

3

6-30

6-20

20C

1

7-

6-30

6-20

Y.i

$2,25

Hershe'y

Corp.—

convertible

preferred

Hubbard Felt Company, class A

-

B

Ideal

9-

6

Industrial

Cement Co.

(quar.)

Wire Cloth Products

.

,

;

%

56M4C

(quar.)

"

7-

1

6-19

—

75c

7-

1

6-10

—

(s-ai

50c

6-30

6-15

10c

6-10

5-26

Corp. (quar.)

6-

7

6-7

'•"6-14"

5-26

6-10

5-31

6-

1

5-15

7-

1

6-15

5-31

6-30

6-16

two

7-

6-16

6-

1

5-15

6-

10c

6

$1

1

5-15

'

(s-a»____

Co.

Co.

60c

(quar.)_^_'_/.___

5-li

6-20

5-31

37V2c

6-30

7

6-

9

20c

6-10

6-

1

15c

6-

1

5-19

37V2c

common

6-

1

"5-19

(quar.)

(quar.)

pfd.
Ltd

Ltd.

8-

5-25

35c

/

9-11

50c

(s-ai__

(quar.i

!_____i

-

j

(increased

7-

'25c

■

40c

:

Co.—

(quar.)

6-20

J50c

(quar.)

Switch

$1

:

'

1

6-14
6-14

6-

7

6-15
•6-

I

5-26

:

;

t

,

30c

H

6-15

50c

1

V6- 9
"5-29

6-15

6- 5

6-20

25c

quar.)

7-

6-

1

43c

'

6-15

40c

:

<

A (All outstanding shares
redemption on June 20 at

share
&

plus this dividend)v

Southern

Company,

Gas

10c

1

6-10

1

6-10

(quar.)__

25c

6-10

5-31

25c

6-10

5-31

25c

6-12

6-

50c

6-12

5-29

933(»c

7-

1

6-15

12V2c

6-15

6- 5

_

Petroleum
SI

&

Trading Corp.—
participating class A (interimi

/Philco Corporation,

j

33/i%
Phoenix

5-19

7-

7-

:

preferred

(quar.)
Exploration Co.

5-26

25c

$1.12'a

common

•

'

Houdallle

1

6-10

(quar.)

$4

for

per

Milk

Petroleum

5-31

12 Mac

each

Extra

Holt

6- 9

7-

'7-1

50c

for

Corp.__-____i

Ford,

Pennsylvania
4 Va %

..

&

called
■

1

6-16

3 M2%-> preferred

5

7-

1

5-26

1

"6-30

•

933/4C

.

Tubes,

Electric

Common

/

1

$1.50

(quar.)

6-15

30c

Company_____.
Pennsylvania-Dixie Cement -i
Pennsylvania Salt Mfg. Co.—

5

50c

Co.—

pre'ferred

6-

5-20

6-

7-

$1

Co

Co.,

Cement

. $1.20
class A
Penney (J. C.i

r

8

6-23

6-15

25c

—

$6

6-

$1

Corp.

Heileman

$15c

preferred

Penn

5-17

*:il2VaC

(quar.i

1

(quar.)

Bridge,

Elevator

Page-Hershey

6-

75c

1

5-31

$1

(quar.)

share

Gas

Inc.,

preferred

Peerless

...

preferred

preferred

6-30

15 5/12c

7-

1

Co.—

Oklahoma

B'Gosh,

$1.50
Otis

$1.25

June

Stores

Hartman Tobacco,

$4

/.

—

stock

common

Oskosh

this

plus

J!
into

6-15

6-

*'•'•7- '3

$1.50

Company..

Orpheum Building

on

1

;<7-ii;-

50%

Northeastern

convertible preferred

called

9

6-

6-5

$1.50

held)

7

6-20

6-16
6-

""6-26 '

40c

,,

Company (quar.)

Stock

7

$1.06 M4

3

6-12

50c

;_

9

;

7-

r

50c

(quar.

25c

—

5-31

6-20 '

"6-30"

25c

(quar.i___

(quar.)

Nineteen Hundred Corp.
Noblitt-Sparks Industries

,

6-

(quar.)__'_

•'

50c

6-30

6-

6-15
■

50c

Mining
Corp
Telephone Co. (Ohio)—:.;

$1

25c

$5

30c

Electric Corp.—
rt
"Common (increased quar.)

1

6-30

1

1

'

15c

$1.01Mi

6-15

25c

6-

6-15

;/: :'

,

$1.1834

(quar.i

$1.75

common

7-

5-26

1'

^'6-l'4'

2c

pfd.

6-

common—

(quar.)

Sugar,

i;,

,$3,375

,

(Initial)

6-30

(quar.)

5-20

y 6-i5

20c
25c

5-20
5

8

62M2c

;

6-10

common

6-

7-

20c

I

Newport

1

6-10

>

1

6-16

$1,05

20c

,

Corporation,

;" '

"

$1.50

(quar.)

5-20

_

Newmont

6-21

6-29

20c

$1.25

(quar.»_

—:

Company
Northern Paper Co
preferred

(quar.)

com.

Co. '(quar.)

preferred

Newark

56M4c

&

6-

6-1

Resources Fund

4.05%

Lumber—

(quar.)
(quar.i

5-20

60c

England Telephone & Telegraph Co
Jersey Power & Light, 4% pfd. (quar.i

New

5-22
6-

6-1

6-"1

6-10

6-15

1

6-15

(increased)—

31M4C

A

6-5

6-

$1.37Ma

Corp:

pfd, (quar.)
(quar.)

pref.

6-30

$1.25

(quar.)_________________

England

$5

6-20

$1.27Ma

New

class

6-30

^15c

(quar.i.

6-21

6-15

6

6-

6- 2

25c

preferred

1

5-31

6-15

6-12

v

22M2C

7-

1

6-15

1

75c

?

___________

75c

7-

6-15

1

$1.75

(quar.)

6-30

1

7-

7-

35c

(quar.)

(Initial)

par

7-

6-15

Refining
Company (reduced)—/

Natomas

25c

9

5c

15c

Sugar

common

Company,

5-19

,'•

$1.25

F.)

6-9

5-29

Corp. (increased).:
National Fire Insurance Co. (HaTtford)—
Quarterly

20c

(quar.)

Co.,

6-9

Vernon-Woodbury Mills, 3.75%-pfd.—

+30c

$1

6-20

6-30

Nash-Kelvinator

-

1

6-

(quar,)

common

Murphy (G, C.i Company, 434% pfd. (quar.)/
Muskegon Piston Ring Co—
Muskogee Company (increased quar.)

-

7-

>50c

(All outstanding shares called for redemp¬
tion on June 20 at $102.50 per share
plus this dividend):

1

3

6-20

6-30

Co

common

Service

Dakota

7-

6-30

r

Mount

v

1

$1.05

4.20%: preferred (quar.)
Morgan Engineering

5-31

14%C

Public

.

40c

Co., common—__________
preferred (quar.)
4

5%

7-

(quar.)$1.50

preferred

6-15
6-15
.

52M'2c

s-a»

Mojud Hosiery

6-

7-17,

20c

<quar.)_

preferred

6-30

'6%'

2

2c

Minneapolis Brewing Co
Minneapolis Gas Co., 5%

37 Mac

Co.

7-1
7-1

;

Corp.,

$10

common

Missouri

20c

5-25

—

(s-ai

preferred
^ Metropolitan Brick, Inc.
(quar.)
Michigan Public Service—

6-15

26 %c

6-

6-10

+25c

Tic

6-15

—

5-31

25c

.

< s-a»

Company,

Thermit

&

6-30

B

(Henry), & Company
Home Title Guaranty Co.
(Bklyn., N.
6-30

7-15

6-30

—

Plywood &

'

-

30c
Cotton

'Quarterly

6-15

1

.■

Hercules. Cement Corp.

62M2c

1

-

(increased

:__

t$1.38

Co

•

'

&

65c

(quar,)

Distilleries

(B.

Hamilton

A

...

7-

6-15
6-15

15c

1

Zinc

1

6-16

6- 1*

Company—

preferred is-a)_
Mergenthaler Linotype

JS1.25

Safety Razor Co.,

(W.

Haloid
..

2

on

li

'6-24

——

(quar.)
preferred (s-a),

30,

7

Johnson

$20c

..

preferred

Hale

'

Extra

(quar.)

dividend)

6- '1

8-

Hegler

9

6- 9

50c

"

25c

preferred

-Convertible

5-20

6-20
/

50c
_

5-20

&

6-

'6-

6-29

25c

,

1

6-15

?

27M2c

preferred

preferred

20c

.

(quar.i

Refrigerator

June

5-20

12)

_

6-

8-

1

6-15

4%

6-15'

(quar.)

preferred

(Entire

2

1

prior

Mead

5-31

'

1

7-

(quar.)

$2.10

:

7-

50c
15c

common___!_

com.

i

6-15

,L,_

(s;a)
&

-

6-

6-30

12M2c

•

convertible

Matthiessen

7c

Company,

2

6-15

preferred

$5.10

(quar.)
Coal

't

6-15

30c

(quar.)__i

$1.50

Inc.—

(quar.)

6-15
•'

25c

,

(quar.i.

1

6-10

,

Co.

Co

Lyttoni

Service,

preferred

6-15

6-10

series.

Co.

5-31

1

'6-15

Leaf

125c

common

Manufacturing Co., class A
B

Guantanamo

'2

i:6-

1

C.

'

6- '1

6-

7-

Sales

Maryland Casualty Co.,

v

(interim)

.

8

6-15
7-

common

(quar.)

'

preferred A (quar.)
Hosiery

,

Co

(Continued

on

page

;

5-25

6-12
6-

5

6-

6-21

e

6-30

__T___

Public

$1

;

■

5-25

62M2C

Supply, 57

6-23

6-

9

9

Mortgage

&

Extra

y__.

receipts

-

preferred

4(4 7

1

$2

Power

Greyhound

5-15

6-14

Title

Common

.

Grinnell Corporation

-

Chicago Great Western Ry.—
8% preferred (accum.)

^Chicago

1

'6-13

87 '/2C

(quar.)—..

at

'■

,

6-

10c

.

...

took

'6-10

2M2C?:

(resumed)

'Chicago & Eastern Illinois RR.—
(Directors

"7-1

2M2c

*Extra
,

$2
2c

y

5-25

6-

(increased quar.i

Funds,

6- 9

1

7-1

20c
12M2c

iquar.f,,

Gardens, Ltd.
Market Basket Corp. (Los Angeles)

6-20

6-

25c

r

Controls

7%

5-15

ioc

........I

(quar.)

1

75c

;

(quar.)..

Chesapeake & Ohio Ry., common
3y2 %
preferred
(quar,)..—*:

6-

40c

V

i-

r

(quar.)

f

$1.06V4

'•

pfd. (quar.)

America

stock

Mountain

Groat

"

Co..—..

of

deposit

preferred

Great

6-10

3

6-

1

30c

class

5-26

6-15

;

$2.50

Exploration Co.

(Henry

5M2';£

"

5-31

t37'/2C

1

7-

6i 9

25c

A—

Builders

$5

Ltd.—

Warehouse..-

"Electric

5-31

7-

25c

12 Mac

,

(initial)

Custodian

Preferred

Grace

'

-

(quar.)

Detroit

6-15

Maine

5-25

50c

—

Ltd.—

common

30c
62Vic

$1.75

Lines

<fc

Mfg.

Maple

5-27

6-15

$1.65

y

Class. B

9

(s-a).

'6-13

$1.12 Ma

(quar.)
Ltd.—

Motor,

.:67

:

9

6-30

5

5-31
6-20

1

50c

preferred

Glenmore

5-31

6-30

6-

1

6-12
7-

30c

$1.06 M»

,35C

;

class

7-

35c

5

'

A_„_._

Irregular

5 7

participating

preferred

Gillette

5-31

t25c

Boxes,

non-cum.

Goodrich
6-15

t50c

"Chatham. Manufacturing Co., class A (quar,)
Class

6-15

7-

5

Transit

Land

Lytton's,

Lid:^—

Philadelphia

Stores,

Fair Stores,

Gibson

8

t43%C

Co.—

of

participating

$2.25
-

1

6-

t50c

(quar.)

A

Wlrebound

Chamberlin

3

61

...

—

Mines,

Central Steel & Wire, 6%

•'Century

7-

$$l

preferred (quar.)
"((Carolina Telephone & Telegraph Co. (quar.)
^Castle & Cooke, Ltd

.

6-28

t$2.25

Carman & Company, AVa'U

"Central

9

_____

common...

(quar.)
(quar.)_____

Association

6 7

6-10

Angeles

Louisville
9

'50c

Canada, Ltd.,

,

convertible preferred (quar. 11
Lorlllard
(P.)
Company, com. "(interim)_,,"

preferred
meeting held on

(s-ai..

9

81

5Vifc
of

Georgia-Pacific

5-27

'<6-

6-20

...

;

(quar.)

A

7-1

t25c

....

Malartic

Canadian

6-20

?20c

(quar.).

quarterly
Lipe-Rollway Corp., class

Ludlow

(quar.)

at

payment

6-

(quar.i,,

25c

General

•

Mortgage Corp.
Ltd.—

preferred

Canadian

6-15

75C
50c

■■■■■-1

Cable Co.,

Celanese, Ltd.,

preferred

tile

_

Ltd.—

(quar.)

B

(quar.)

(quar.)_u_________

*

Louisiana

;

on

1

Realty

Los

87 Mac

action

7-

6-12

(reduced)—30c

5-22

—

General

.

(quar.).
Ltd

Stone,
Machinery Corp.,

•^"Canadian

Class

Service

Crushed

Canadian

$1

Company

5

6-15

15)

Class

*6-10

7-

Leather

5-31

t25c

preferred

Gemmer

5-22

$25c
$1.50

(s-a>.

C.i

7-11

(quar.i

no

9

;

6-10

——

Corp.,

9

6-

(quar.)

$1.50

,

6-

1

common...

7% = preferred
1 quar.i
Lo^ Angeles Investment Co.

—

Products

Gauley

«Burrard

Water

May

5Vs r/c
.

(A.

Co.,

5-22

(quar.)

~

1

(quar.)

7-10

'preferred

5%

r

preferred

7-11

'

1

77-

directors

12,

7-25

....

Players Canadian

May

on

7-10

Investors,
Inc
(Theodore) & Company—
$1.60
1st
preferred (accum.)
Gatineau Power Co., common (quar.*

5-19

$1.25
—

6-

$1.25

(quar.)

preferred

6-

3

held

7-25

15c

(quar.i

Co.___.

,

25c

5-22

7

5

6-

6-13

-Si
$1.12l'a

_-y,-

Co

6-14

,

Manufacturing Co., common
5M2%
preferred
(quar.).—
r;tlluda Company
(Burlington Steel Co., Ltd

7-

7-15

a37

common

Pittsburgh RR. Co.—

5-

45c

1 quar.i

85c

-

J

(quar.)
Products, Inc.

(quar.i

Increased

Co., class A

guaranteed

6-15

1

5-15

13^40

(quar.)

'

&

7-

-

___

i-

(quar.)—.

5-31

.

—

Works

5-20

6-15

Corp
1
25c
Leverage Fund of Canada, 'Ltd.^3c
Lexington Union Station, 4% pfd. (s-a)
"
$2
Liberty Fabrics of New York—
J
'

Gary

.

Brunner

45c

6-15

Fundamental

6-1

6-15

Oil

preferred

Frontier

6-15

Quarterly

California

7*15;

Electric

Franklin

.

California

Dorado

American

y.

-'V-''

■*; ' A'

37y2c

Dry Docks, Ltd.—
participating class A

Lefcourt

1

.

common

5-20-

1

A.

87 MaC

(quar.)

1
1

6-

Co.—

$1.12M2

participating preferred

'$2.50

v-

—

& Messenger Co.

6%

6-

•

66-

t

J.i—

common

'Lamson & Sessions

(Maryland) —

Brothers Stores,

Paso

Ford

'6-1

6-

50C

preferred

Corporation,

6-10

a 12

Company,

preferred

Food

Department Stores, Inc.—

•Burnham

15c

6-

5-31

6-30

$2.50
.

15c

convertible

Lawrence

1

5%

6-16

__

Brooklyn Telegraph

5-25

7-

67

5-15

1

—

(quar.)

6-15

40c

5%

.

——

Corp.

Corp.

Kodak

Fltzslmmons

.

Extra

6%

1

50c

Light & Power Co., Ltd.
(quar.)

Stratton

Broadway
'

67-

Traction,

preferred

$2.50

•

6- 9

Fire

t.

Wirazilian

5-26

6-

5%

5

6-

6-26

25c

___

6-15

1

,

'5-23

$1.50

(s-a»

Co

Co

5-25

1

Fibre

6-1

1

6-

.

40c

—

$3 pfd.

(quar.)

& Albany RR
Boston Ground Rent Trust (s-a»

Wharf

6-15

32%C

"^Boston

^Boston

>

.

6-15

"6-30

12 Mac

(quar.)

Erie RR. Co.,

9

5-22

1

1

dividend

.

lifcook of the Month Club, Inc.

6-

1

15c

(N.

action on the declaration of a
dividend ordinarily paid on
■
July 1.
v... v;••
Laclede Christy Co. (quar.i.
I

6-23

+

5-20

9

no

6-10

+$1.75

5-29

semi-annual

6-

—

5-29

6-10

$1.75

Rubber

B.)

meeting

a

'/•■ took

J 30c

(quar.i
—

interim).——.

Products..—

(Directors took

arrears,

(initial)

At

(I.

15c

—

Co.'

2nd preferred

preferred

20c

Feltman"8i Curme Shoe Stores—

5-17

$3

••Qlaslc Refractories,

4M2y

.

common

9

$3
$3

4--.

(accum.

convertible

4'ic

5-18

7-

6-20

(accum.)——

Inc. (quar.)..
^eaunit Mills, Inc., $1.50 conv. pfd.

(second

preferred

50c

Ltd

5-31

6-

$3

"

ts-ai,^

/—

Cement

Kimberly-Clark Corp.,

5-22

7-

7-

,

preferred

$7

6-15

<

C

(quar.i

Keystone Portland

50c

—

5-31

6-

Kuppenheimer & Co.—

1

•

1

V/

4

(s-ai

Baking

Kleinert

5-29

—,

Ltd./,-.

Ltd.,

Co.,

preferred

5Macio

9

7-1

$1

—

of New York

&

5-26

"25c

-

(quar.i__

Quarterly

5-15

6-

;

Corp.—

participating

pfd.

Restaurant

6-

$1.25

common..

RR., 8'ic

Kents

5-15

$1.50

Famous

6-1

183/4C

___

Securities

(quar.)

5-31

1

6-29

Drug Company, common (quar.i—Lis
12Mac
$4.50 preferred (quar:.)61.12M2

1

6-

6-30

37 M2c

(quar.i

Textile

Fabricon

6-15

6-10

National Life Insurance Co. (N. J.)

6%

7- 1

50c

25c

'jankers

Corp.

preferred

non-cum.

Co.—

(s-ai,,,..—

6-15

10c
15c

(quar.t

$1.75

7%.

5-26

.4,-

_

5-26

(accum.)

57-

6-1

6-20

(quar.i

!

flankers

6-16,

6-15

(quar.)

common

6-15

6-15

Manufacturing Co.
(quar.i—
Eversharp, Inc.,
common

V,

6-

40c

—

%i/G

6-15
.6-30

$2.50

4%

6-30

30c

Ero

•

Lines,
Atlas

$1.25

(accum.)

Erie
,

6-17

1

Steamship

"

*

6-22

(accum.)

Co.

Door

Emporium- Capwell

6-17

7-

$1

Indies

1

25c

B

8'ic

6-17

7-

25c

—

quar.)

West

1

'7-1

25c

593/aC

——_—

Co.

7-

'•

6-22

(quar.i

Corp

Emerson Drug
Class
B

6-16

;v

———;

—

Investment

7-15

(quarj

preferred

Inc.

1

5-26

$1.31 >4

5-31

1

7-

Katz

5-20

6-10

6-

$1

common

Co., common (quar.)—_
$4.50
preferred
(quar.)..
Elmira & Willlamsport RR. (s-a1—

1"

6-15

(quar.)———r

(quar.)
Corporation

6-

1

20c

—— —

Corp.,

A

4«/4%

7- .1*

7-14

$1

(quar.)

preferred

6-15

5%

States

Edison
.

,,

—

(quar.)
Corp.—

35c

Co

preferred

6%

9

6-

7-15

$1.75

Oil

5-31

__

preferred

Easman

meeting V held

7%

.;

6-15

(quar.)

$6

div-

,

62 »/2c

Corp.

preferred (quar,)
preferred
(quar.i—

Eastern

Ry.

6'ic

Corp.-Sea grams,

Steel

Gulf

&

5-26

Utilities

5-31

3

7-

50c

(quar.)

6-15

•Extra
Dunn

Oklahoma

Kansas,

,

Co.

1834c

Ordinary registered

EI

preferred (quar.)
*84 preferred (quar.)

6-20

$7

(quar.)—.

May 17)

,'V
t.\

1'V

Manufacturing

Joy

»

'7- 3

50c

common

7-

3

7-

'

Dunlop Rubber Co., Ltd.—

5-15

$1.50

on

at

5

A

Electric

Oil

Common

6-15

(s-a»_

;

declaration

6-

preferred B

preferred (quar.)
du Pont (E. I.)-de Nemours & Co.—

•

idend

„

1

preferred

7 7<

Co.—

(Directors took no action

.

;

7-

75c

Alkali

Y.)—•

Telegraph

&

7

,10c

Malleable Iron Co.,

$3.50

——_

(N,

6-

"

$2.50 pfd. (quar.) —
Corp. (increased quar.i —

preferred

Dominion

$3

1

(quar.)
Company

Surety

1

100%

(quar.)

6-20

Tic preference D (quar.)
:
Jefferson Lake Sulphur Co. (quar.)
Johns-Manvllle Corp. (increased!

2

12 V2C

—

Dobeckmun Company
Dominion Square Corp.,

each

for

American Sugar, Refining, common (quar.)Common stock being put on a quarterly
basis beginning with this payment
American

'

6-30

7-15

6-

—

(quar,),.

non-cum.

Chemical

Distillers

6-1
6-

6-15

C

77-

+25c
xt$1.75
xl34'«
xl34r-«
xl3'4'^
15c
60c

—

(quar.),

6Vc

Supply Co.

—

__

Finance,

Co.

'6-

6-15

50c

(stock dividend)

—

American

:

Co.—

common

heldt

National

;

6-15

,

Products

American

,

6-15

25c

Company (quar.)
Diana Stores Corp. (quar.)

6-1

T0C

5-22

preference

B

6',<

Diamond

5-29

6-14

quarterly

share

share

6-26

50c

—

(quar.)

common

American Meter Company

(One

$1

i

Inc

1

Ltd.—

(quar.),

6-20

Dentists'

5-24

(quar.)

Lines,

Insulator,

American
*'

Corp.

Export

6-

preference
preference

Tic

5-22

5-19

(quar.i

Tic

1

1

9-20

Steel

Rock

Deep

"

6-12

5-31

7'it

.

6-12

10c

American

5°/c

Common

9

/6-

5-22

6-

Public Service Co.,

2

6-

v

—

Dayton

'

12M2C

(quar.)

Jamaica

6-

6-15

5-31

10- 1

Dayton & Michigan

1

6-

1

5-26

9

6-24

6-

6-12*

7-15

10c

Metallic

Davidson

■

6-12

si
25c

6-15

6-20

(quar.i10c
•
/ 10c

(Boston*

10c

Gas

Steel.

JDahlstrom

1

6-15

6-30

$1.50

——

(quar.)

com.

5-24

►6-

6-15

$2.50

common¬

Company———

Encaustic

6-15

5c

(quar.)

____

Cyanamid Company,

convertible

5-

1

Jahn & Oilier Engraving,

Co

jUxtrEi

5

5-15
7-

5-26

(quar.)_

preferred A (quar.)
& Reynolds, $1 pfd.

Crucible

50c

6-2

Trust

(quar.)

Dubilier

$5.25

6-15

1

25c

America

6-14

7-15

preference *(quar.)_—+75c

convertible

6%

(quart

Lumber

Bay

■

»

Colortype

American

Coos

-Corroon
7-

2

Company,

Continental

8-2

1

2

6-

Investment

6-15

1

6-30

Ltd.—

6-

6-15

$1

Ltd

Foundation,

Investment

53 Vic

of

7-

27I72C

^

6-15

__—

'

Inter-City Baking Cp./ Ltd.,>,„,—_t20c
International Harvestor Co. <quar.t_____—
35c
Interstate Power Co.
(quar.i__ 1—
1
15c

25c

common

Cutler-Hammer,

(quar.)

American

'American

5-19

9-

Inc.,

Consumers

'5-19

1

6

30c

Mines,

Consolidated

6-15

1

75c

(quar.)__

American

3M2%

1

6-

6-

t25c

Cigarette

preferred

'y

Cornell

preferred (quar.*__—
& Cigar Co.,

prior

American

7-

15c

7-

(quar.)..:

preferred
preferred

-40c

6—1

35c

(annual)

preferred

American

i,

1"

1

(quar.)..—...

Co.

Publications

Nast

40c

1

6-

preferred

Connohio,

it

Inc.—

East,

non-cum.

5-29

8-

Quarterly

Holder»

Payable of Rec.

Share

+

(Chicago) "• • "

Corp.,

When

Per

J

;

,

Exchange "Build.

$1.12«4

Connecticut Light & Power—

5-29
•

6

(quar.)

Coniaurum

Ltd.—

Canada.

convertible

6-15

40c

:—

...

preferred (quar.)
Amalgamated Leather Cos.—
6%

6-30

$1.12M2

4%

.

6-28
'

—-

Co.

A'/ti

6-15

•;

.

6-28

$4
50C

—

Aluminum

1

/$4
:,yv

,

(quar.)_____

Company

7-

7-

(Phila.)—

Conde
,

1

30c

—

Stamping

•

Co.—

Ordinary <s-al
6% participating preferred (s-a)
Allegheny-Ludlum Steel Corp.. common
$4.50 preferred
(quar.)

'

37M2C

-

(quar.)

Insurance

Shearing

Common

6-1

6-15

8-

(quar.).

common

&

5-19

6-1

Co.,

common

preferred
Life

6-20
6-15

30C

(quar.)

Commonwealth Title Co.

'6-'2

r

20c

Corp/

Aerovox

6%

6-15

$2.50

.

5%- preferred. (8-a)
Advance Aluminum Castings

•

5c

—

6-2

6-15

5c

(quar.)——

common

_

4 V* (k

Commercial

1

1

—

Iron

Cliffs

Company,

Colonial

Payable of Rec.

7-

7-

Insurance

Monday, May 22,1950

'•

-

Name of Company

5-22

$1

(quar.)—

common

preferred

Coleman

Hoidm

When

Per

Share

$4.50

..

.

(quar.).—

Cleveland

•

■

A

6-15

'

Co.—

(quar.)—-—'—.—

Co.,

7

Payable of Rec.

$64

(increased).

<

$1.75

Electric

preferred

Class

Co.r com.

(quar.)
&

Gas

Stores

"

ously announced, but which have not yet reached their
payment date.
Name of Comvany

preferred

'4%
City

show the payments previ¬

we

Securities

Cincinnati

dividends an-

during the current week. Then we follow with

%iouneed

-

first

the

In

Share

Name of Company
Christiana

Holder 1

When

Per

DIVIDENDS

+.

.

■

45)

5

Number 4909

Volume 171

.

The Commercial and Financial Chronicle

..

(2105)

Stock Record «» New York Stock Exchange
DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED ISSUE

Range for Previous

■

iv

37

17%

61

Jun

Dec

NEW YORK STOCK

Highest

t per thare

I per thare

Jun

1%

Range Since Jan. 1
Lowest

Highest

# per thare

i.Vi'-

STOCKS
i

t per thare
54% Jan

44% Mar 31

Par

Abbott Laboratories

21

2% Feb

1

4% Apr 22

Oct

21% May

19y4 Jan

3

23% May 17

Jun

23

Dec

21

23Vis Jan

44%

Sep

39% May

27% Mar

47

Dec

43

14%

19% Dec
11% Dec

5

Adams Express Co

Jan

35

Nov

5%
46

Jun

Jan

97% Mar

110%

14

42% Feb. 14

<£0% May 17
39V4 Apr 17

Jan

13

3

9% Jan

26

Jan

3

51

110% Jan

13% Mar 15

2% May

2%

Jun

13%

Feb

18%

Dec

Apr

73

Sep

67% Jan

2%

Feb

40%

Feb

64%

Jan

17%

4% Nov

Jun

4

4

Dec

Jan

86%
27%

21% Jan

3

9

83

July

93%

Feb

89% Mar

2

96

6

Jun

8%

Jan

8% Jan

3

11% Apr

200% Jan

13

Jan

3

165

Jun

210

Dec

15%

Jun

19

Dec

19

24%

Jun

30%

Oct

Feb

35%

Dec

250

27y4Apr 14

25%
83%

13

Feb

16

31% Jan

13

91

37%

Dec

4%

Nov

26%

Jan

2%
37

Jun

89 y4

Feb

34%

Jan

6%

Jan

4% Jan

11
11

•

38

Jan

43

38% Jan

3y2 Feb 28

May 12

Oct

45

100 y2 Mar

2

Sep

120%

40y2Feb

2

10% July

69

Oct

12

Dec

30% Mar

35

Jan

96% July
5% Jun

104

Jan

101 ya Feb

Jan

7% Jan
3% Jan

81

10% Jan

13

9
8

35
Jan 12
1047/a May 9

13

14y4Apr 21

31% May

4% Dec

3

8V4 Apr

*50 %

50%

50Va

50%

3,300

32%

33%

32%

33'%

27,200

11%

11%

11%

11%

12

11%

12

12%

11%

12

51%

*51%

51%

51%

513%

51%

51%

*513/4

52 «/4

♦51%

52

23 %

23%

23%

23%

23Va

23 ya

23%

23%

23%

233/«

124

*118

3

3%

3%

68%

68%

3%

*76

*67

80

32

par

3%

69

*76
32

32

*94%

96

*94%

*10

No par

245

10'/8
245

10%

20

20%

28%

28%

Corp common_.No par

34%

34%

35%

35 y4

35'%

35

35%

35%

36

preferred
100
Mfg common.No par
3%% conv preferred
100
Alpha Portland Cement
No par

*94%

Amalgamated Leather Co com
8% convertible preferred
Petroleum Corp

*94%

96

34%

34%

88 'A

88

88

35

34%

35%

34%

3%

3%

*3%

*3%

50

3%

*38

*38

119%

*42

122

43

42 y4

I perthare

I per

4%

Feb

6%

Oct

6% Jan

6

15 3%

Feb

19%

Dec

18% Jan

28

133/4

Jan

21% Nov

20% Apr 24

Jun

3%

Dec

2% Jan

Jan

69%

Dec

64% Jan

Jan

19 Va

Dec

16

Jan

Jun

61 Va

Dec

54

Jan

45%

Oct

51%

Dec

34

Jun

43%

Oct

1%
44

6Va
37

3

24% Feb

•

4% Mar 23
85% Apr

113%

11%

11%

11%

71%

70%

71

69%

70%

36,700
2,600

17%

17

163/4

16%

11,600

66%

*651/4

66%

65%

65%

65%

663/4

66%

17%
661/4

661/2

66%

12%

12%

13

12%

12%

12 3/4

13

123/4

13

12%

13

32

32

321/4

32%

32%

323/4

32%

32%

*103%

103%

103%

103'%

103%

1033/4

*103%

103%

103 %

103%

400

12%

12%

12i/a

12%

12 Vb

12%

12%

12%

12%

12%

13,200

6%

6%

6%

7 '/a

6%

6%

7

$6 preferred

49% Jan

American Gas ft Electric Co

43% May

5

American Hawaiian SS Co

1

Jan

32%

Dec

31% Jan

Jan

9% Sep

7% Feb

34% Apr
9% Apr

11

5y4

13

American Ice Co

b%

6%

13

15% Apr

19

Apr

25

12

American Investment Co

American Locomotive common

18% Feb

15

91% Feb

27

13% Mar 30

76

Jan

84

Sep

78

4%

Jun

Jun

84

»

Jan

33% Dec

Jan

4

5% Jan

7% Mar

22%

Mar 29

4

Dec

Jan

102

92

13% Mar 30

18% Jan
15%

3

29 i-

Mar 22

96%

Jan

105%

Nov

104% Jan

3

5%

Jan

7

Oct

6% Jan

5

86
8

Apr

14

33 Va

Dec

29% Jan

13

36% Aug

34% Jan

25

36% Jan

22% May

14% Jan

13% Jan

13

American

178

Sep

176 V Feb

10

f

Dec

8Vt

7

Mar 28

185

5

49

Nov

Jun

43%

Dec

39y4 Apr 24
39% Mar 30

43% Jan

66% Jan

50% Mar 28

57% Jan

9

Jan

18

■

164

Dec

xl57% Apr

42% Dec

Jan

150

Jun

Jan

21 y4

Jan

31%

Deo

7%

Jun

12%

Jan

313/4

Feb

45

40

Sep

28

Dec

141

Jun

16

July

20%

138

Jun

2

29% May 1
9% Mar 21
38% Jan 25
19% Jan

13

Jan

146% Jan

3

76% Dec
153%

'

Dec
Dec

74

Aug

8% Mar

Feb

38%

91% Mar
Jan

80

7%

Dec

4%

Jun

48%

Jun

65

25 Va

Jun

35% Jan

Dec

35%

40%
108

Jan
Dec
Deo

48»/4 Jun

55% Jan

15 3/fe

28% Dec
11% Nov

For

43

Nov

79

26% May

2

9

21%/Jun

Jun

Feb

166

128% Jan

150%

121

Mar

4

22% Mar 24

128% Nov

120

8% July
2% Aug

62%

62%

62%

63

5,500
3,500

5,800
480

16,800

24%

24%

24%

24%

24%

25

24%

25%

25%

253/4

49%

49%

49%

49%

*493/4

49%

49%

49%

49%

49%

800

18%

19

18%

18%

18%

183/4

18%

1-4 CO

18%

183/,

3,800

18

18

18

18 3/»

*18%

18%

*18%

1—I CO

*18%

18%

*83%

84%

*83

70 3/a

72%

69%

1.3„

1%

l'/a

■

*83

*83 VA

84%

83 VA

83'A

69 %

69%

70%

70.

71

__

__

84%

68%

__

161%

161%

162%

35%

35%

35%

*7%

161

163

35%

35%

Monday

Tuesday

May 15

May 16

V

7%
%

# per thare
7%

I perthare

7%

20

20

21%

21%

21%

7%

20

21%

500

84'/4

80

71 Vb

41,100
181,800

1

i8<r

162

163

160%

167 3/4

163%

165 3/8

36

36

353/4

36%

*35%

36%

3%

3%

3%

4,200
2,000

f per

7%

thare
8%

Thursday

Friday

Sales for

May 18

May 19

the Week

I per share

t per share

7%

77/a

21%
3%

Sharet

8%

7%

20%

*20

3%

8%

Wednesday
May 17

20

20%

20

20

20

21%

20%

21%

20%

20%

20%

9,600
1,300

20

20%

33/a

3'%

3'/4

3%

33/8

3%

7,700
7,900

3'A

79

4% Jan
42% Nov

footnote* see page




68
149

Apr 27
May

2

64% Mar 29
117% Jan 25

145

100

Store*

Co

No par

4

Feb

15

3

7%

34% Jan

13

8
8

41% Feb 10

.

53/4

5%

*5%

5%

53/a

5%

*46%

47%

*46%

47%

*46%

473/4

100

32%

32%

323/4

32%

323/4

33%

33%

33%

33%

333%

9,600

8%

8%

*87

90

8

89

88

8

8

8

88

8

*88

89

*88

89

8

*88

8

1,100
20

89

I51/2

15%

15%

15%

15%

15%

15%

15%

15%

15%

15%

2,000

21%

21%

21%

21%

21%

21%

21%

'21%

21'/4

213/,

2,400
15,800

14%

14%

14%

84

84

17

16%

14 3/a

17%

*81

82

*71/4-

,

7%

*81

7%
33

"106%
7

7%
*39%

54%
*162

42%

*30%

7

7%

31

*73/s

7%

33

32%

33

107

*106%

107

7

16%

35

35

34%

343/4

21%

213/a

21%

21%

21%

17,900

16

16%

16

16%

16%

16%

31,000

*130

183%

♦180

183%

*42%
24%
30%

4234
143

25%

30%

7%

54 3/a

42%

44

41

*40

*40

54%
163

42%
145

*142

25%

26

30%

30

6%

30

44

162%

54%
163

42%
*142

25%
30

.

8%
44
41

55%
164

423/4
145
26 3/a
30

6%

7%
44

:40
55

162%
423/4
*142

26%
*30

11%

11%

11%

11%

48%

493/4

49'/2

*134%

135

*134

*134

135%

♦

20

158%

*119%

10%
24%
*85

*65%

135%

20%

19%

20%

158%

158%

158%

20 %

20

158%

159

*134

135%

20

20 VB

159

159%

79%

70

70%

693/4

70%

70

70%

152

70%
152

152 3/4

151%

152%

152

152%

79

79%

79%

80%

120

120

120

119

119%

50

35%

183%

54%"

107

700

16%

41

*105%

5,400

8,300
1,500

16%

163

107

-

6%

16%

163

"105'A

20
900

73/a

333/4

30%

35

44%

7%
33%
6%

21%

54%

73/8

33%

30%

21%

8

7%
x33%

6%

35%

7%

9,900

82

303/g

21%

44

700

16'A

*80

30

35%

*180

15%

85%

30%

35%

7%

82

15%

85%
<16

106%

6%

21%

183%

16%

7%

106%

35%

7%

*80

15%
86

33%

7%
33

21%

143

25%

81

♦84%

163%

6%

*40

143

81

15 VB

85%

30%

45

42%

82

*81

15

15

6%

41

163%

16%

*84

30%

44

54%

7%

17%

*

30%

30%

*180

184

84

85

16%

85%

16%

843/4

14%

84

21%
15%

79%
*119

*134

20

159%
69%
*152

80%

80%

119%

119%

182%

200

8

7%

7%

44

44%

44%

11,900
1,300

40

55 3/8
164

423/4
145

27
30%
11%

182

393/4
55 Vb

162

423/4
*142

26%
*30

*11%

40

220

56

13,800

163

730

42%
145

600
40

26%

16,000

30%

800

11'/8

1,900
4,400

50%

50%

50%

135%

134%

134%

100

20%

20 3/8

161%

161%

4,800
58,400
9,800

20%
161

70%
153

69 3/8

1513/4

69%
152

480

80%

80%

813/4

13,600

119%

119%

119 Va

150

103/a

10%

101/4

10%

10%

10 3/a

10,900

25

24'/a

243/4

24%

25

24%

25

233'.

24%

23%

24

17,800

86%

85

85

85

86%

*85%

87

85%

86

86%

87%

66%

65%

66

66%

♦66

66%

66

66 %

10%

10%

*65%

9

9

10%

8%

10%

9

10%

*66%

8%

67

8%

490
210

10,800

1

9

9%

9

9%

__25
-50

*65

66

65%

65%

65

65%

65%

65%

64

64

66 Va

520

31%

32%

31%

32%

32%

32%

32%

333/8

32%

33%

33

333/4

No par

31

31

30'A

31

30%

31%

31%

31%

30 ®/8

31%

32%

55,400
2,280
6,000

ft Smelt com

No par
21%
10

42%
*109

*54%

9%

42%

9

42%

55

43%

43%

43%
*109

43%

43%

109 %

109'/4

109%

65

43

43%

*109

109%

130

54

543/4

1,100
11,200

109%

*109

54%

55

55

54%

54%

22%

22%

23%

23%

23%

23%

11

10%

10%

10%

10%

•10%

4%

4%

4%

4%

4%

4%

4%

4%

38%

38%

38i/4

37%

38%

37%

37%

*109

22%

22%

22%

10%

*10%

*4

No Far

43%

31%
433/4

54%

109%

10%

Andes Copper Mining.
A P W Products Co Inc.

Archer-Danlela-Mldland

8%

1,000

15%

48%

100

$4 preferred
:
Anderson. Clayton ft Co
Anderson-Pilchard Oil Corp

8

53%

47%

113/4

—100
prior preference—No par

Amer Zinc Lead

5%

47%

48

preferred

$4 conv

5%
47%

21%

70

preferred

600

5%

8%

*88

79

common

3,000
13,400

*46%

5%
47

11%

5

3,500
6,100

32%

*5%

152

6%

2

6

43

25

Tobacco

6% preferred

10

12

533/4

42%

100

American

9% Mayl6

Mar

531/4

42%

American Viscose Corp common..14

9

Mar 30

121% Mar 28

5

54%

4234

48

100

American Tel & Tel Co

81% May 19

10% Jan

53 3/a

423/4

11%

American Sumatra Tobacco..

24% May

54

•42 Va

48

Anchor Hock Glass Corp com—12.50

9% Jan

53%

42%

11%

32% May 19

19% Feb 11

53%

42%

48

3

Apr

53%

42V2

11%

22% Feb

161% May 19

56

53%

*47%

47% Mar 30

12

52%
*41%

No par

American Stove Co

11

$5 prior conv preferred

Jan

53%
421/2

53

24%

Anaconda Copper Mining
Anaconda Wire & Cable

x51

713/8

*141%

9

110% Mar

■■71 1/4

100

66% May 10

5

70

No par

33% May 19

20

69%

*41%

25

common

8

27

69%

45

27% Mar 10
Jan

69'/4

♦180

American Water Works Co Inc.—5

27% Apr

70

16%

American Woolen common—No par

37

69%

16%

12% Mar 22

106% Jan

70

16%

94% Feb

14

69%

San'y com—No par

32% Jan 28

Mar

71

21%

3

5% Feb

20%

36%

20

61

80

19%

21%

134% May

Feb

78%

19%

*35%

Light

American Sugar Refining com—100
7% preferred
100

74

783/4

19%

No par

Co

28

1

78

20%

30%

7% Jan

May

78%

19%

107

21% Feb
63

78

2OV4

*70

1

84

Apr

79

193/4

*6%

preferred
Safety Razor

American

34% Feb 27

76% Jan

78%

19%

30%

American Steel Foundries

50% May 19

158

79

19%

"106 %

8% non-cum preferred

13

27% Feb 18
12% Jan

78

19%

100

7% preferred
American Snuff Co

Apr 10
Jan

79

19%

American Seating Co
No par
American Ship Building Co—No par
Amer Smelt ft Refg com
No par

3

Jun
Feb

Jan

61%

33

American

51% Mar 16

Jan

37

Jun

60

83%

100
5

1%

Apr 24

39 Va

25%

59i/4

1

News

Amer Bad 8c St

9% Jan 11

23%

22%

57%

No par
No par

American Power 81

16% May 12

Jun

99% Mar

57%

*32%

4%% preferred

28

19% Mar 30

Jun

57»/2

20

No par

American Natural Gas Co

33% Mar 16

Feb

69%

26%

com.No par

American Molasses Co

7

Nov

Jan

186

26»/a

f per thare

1

100

Amer Machine 8c Metals

American Metal Co Ltd

11

32

Sep

119%

186

26%

35%

.100
No par

preferred
Fdry com
3.90% preferred

106% May 17
7% Jan

of 111

7*

Mar 22

34% Jan

non-cum

Amer Macb &

17% May 12

28%

6%

1191/4

186

25%

161%

American International Corp.No par

22% Jan

Jun

Apr

119%

185

25%

69 %

„

100

preferred—

Mar 10

11%

Xll7y4

118%

184%

24'%

83%

*8 Vb

Jan

jun

49% May

119

184%

23%

58

32%

14

Jun

Jan

1183/4

184'%

23

18%

—1

84

123%

Jan

25,700

22%

19

No par

common

22% Dec

15% Mar

60 Va

ii8y4

1841/2

*46 '/a

20

Aug

15 Va

73

135

117%

184%

—50

Dec

100

Feb

19 Va

118%

7

22%

68%

American Hide ft Leather com.—1

6y2 Apr

24y4

130

117%
184

*18

10

convertible preferred
American Home Products

Jan

7

5,400

22%

19

10

39% Feb

30

34 Va

6%

7

117%

*57%

1

76V2 Apr
1
55 Va Mar 22

Jan

142

32

185

22%

•

33

300

7,600

12%

184%

No par
No par
No par

48

Mar

32%

/

103%

117%

Power com__No par

4% Jan

6% Mar

2,700

11%

Saturday

$7 preferred
$7 2nd preferred A

47% Jan

169

5,500

43

71%

6%

10

4
25% Mar 22

Nov

10

200

41

123'/4

LOW AND HIGH SALE PRICES

5Va Oct

Feb

42%

'17%

May 13

48

11%

123%

"

Jun

73

♦36

17%

STOCK

Jun

3%
46

;

11%

12

10
100

Encaustic Tiling

Amer ft Foreign

42

123%

43%

71

31%

American European Secur..__No par
American Export Lines Inc
40c

4

*36

122-%

173/a

103 %

Par

American

44

1,900
3.0C0

70%

EXCHANGE

8% May 19
201/4 May 13

1231%

43%

3%

12%

10

$ perthare

$ per thare

thare

YORK

39

38'%
123

35'/2

3%

11%

STOCKS
NEW

Highest

44

35 %

3%

*65V4

3%% conv preferred series A.100
American Distilling Co
20

Range 8Ince Jan. 1
Lowest

123'/4

500

35 %

*3%

11,000

17%

25

Highest

35

33%

87%

11%

49%

Year 1949

351/8

*3%

34%

87%

70%

*24%

Range for Previous

34%

3%

96

34

17%

*49 y4

Lowest

34%

300

95%
•*

11%

No par

Apr 22
39% Mar 23

873/4

70

No par

173

34%

87

11%

American Chicle

13

96

33%

87 Vb

17%

American Colortype Co....

16

96

34%

*94%

70

American Chain ft Cable

32% Jan

96

333/4

88

1,500

2,000
12,200

17%

Mar 22

115% Jan

247

11%

Feb 23

Dec

43

249

x87%

96

343/8

42

121%

v

70

51

36% Mar

*39

43%

248

43%
11%

23

I2u

33%
*87i/4

43

119

43

119

,

.

—1

—

*94%

34 %

35

.

1

American Crystal Sugar com
4%% prior preferred
American Cyanamid Co com
Rights

96

34 Va

No par

Co—

34%

*87%

7

Jan

3,800

2461%

28 %

24

Jun

248%

247%
201/s

18 Va Jan

99

4,200

28%

44% Jan

25%

103/4

20%

23% Mar 28

iy2 May 18

10%

28%

Sep

1% May 19

10

10%

20

Dec

74% Apr 22

100

20

19% Dec
19% Oct

8

15,500

97

28%

47%

13

33 3%

281/4

25%

Jan

*95%

201/3

19% July
Feb

49

97

110

2471%

15 y4

81% May

*95%

*109

*27%
34%

Feb 18
26% Jan 12

Dec

33

110

*19%

56% May

Mar

80

"

33%

♦109%

10%

800

245%

Jan

87

10%

*76

14,500

69

28%

82

51%

10%

80

230

3%

3%
69

20

30% Feb

71% July
Feb

10%

3%

69%

3,900
3,900

71

244

190

35 y4

10%

97

2%
20
..

27%
34%

120

xl9% Mar 16
86% Jan 23

*95%

33

2%
19 3*

*70'%

20

4

17% Apr 24

96

*76

3

19%
71

80

10,400

124

243

3

Jun

34%

109'%

3%
69

*118

28%

22% Mar 24

14

33%
109 ya

33'/a

2%
18%
*70%

124

20%

183% Jan

Feb

80

*76

110

*109%

*118

9,400

23%

*27%

105% Jan

39%

3%

691/4

12

"19%

Sep

79

3y4
69

96

10%

1

3

80

32%

96

Jan

2

*76

32%

gtd...100

Dec

Jun

80

110

33%

60

2%

69

3%
*67

187%

15

27/a

124

*118

2%
18 %

106%

Apr 24
Jan 18

124

71

Jan

Jun

*118

3

3

172% Mar
21 ya

124

18%

Amer Brake Shoe Co com—No par
4% convertible preferred
100
American Broadcasting Co Inc
1
American Cable ft Radio Corp
__1
American Can Co common
25
7% preferred
100
American Car ft Fdry com___No par
7% preferred
100

21

50%
331/4

71

Amer Agricultural Chemical..No par

14% Apr 21

49%
32 Vn

7iy4

American Airlines common

61% July

49%

33ya

3

3%% cum conv preferred
100
American Bank Note common____10
6* preferred
50
American Bosch Corp
2

x7%

49 VA

331/a

5

Amerada

15

100

49

18%

8

Feb

40%

33%

18%

7

67

2,600
7,600

223%

*39%

32%

71

6

2

,22%

49

18%

26% Jan

Mar

23

49

71%
3%

12
Apr
75V« Jan

x63

8,000
2,100

33/4

33%
x23

41

18%

3

Dec

♦39%

71%

10

Dec

27

2?3/,

39%

18%

Feb

70

Jun

Jun

26

22%

39%

71%

9% Jan

Jan

10%

Jan

123'% May 17
45y4 Mar 8

22%

40 VB

*18%

16% May 19

x69

51
20

Jun

40
•

22%

*71%

4ft

34% May 17

?2%

22Va
*39%

Share 1

47%

32%

*118

AUls-Chalmers
?

3 3/4

22%

share

47%

23%

the Week

No par

Allied Stores

19

3 3/4

23%

40'/a

*108%

Allied Kid Co

Apr

4

22%

110

Allied Mills

May 3
35% Mar 23

17

88

3%

*39%

*108'/4

Allied Chemical ft Dye

3

23'%

__No par

Allen Industries Inc

97

23%

4

47%

11%

...

Allegheny ft West Ry 6%

2

23%

5

$4.50 conv preferred

11

32y2 Jan
93

97% Nov
33% Dec

Jun

2%

Feb

*3%
23%

47»/2

23%

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

May 10

21

29% Jan
36 y8 Feb

•

3%
23%

100

common

5%%

13

48

t per

*51%

100
10

4%% preferred w w

May 16

86% Feb

Feb

76

Apr

Aldena Inc

24

Oct

25%

Jan

Ry
Alaska Juneau Gold Mining

Allegheny Ludlum Steel Corp.No

110% Apr

Sep

Mar

Vlcksburg

47%

>'

49

Allegheny Corp

•88

104

ft

34% May 17

3

Jan

94

Alabama

48%

Sales for

Friday
May 19

May 18
t pet share

31%

No par

4% Jan 11
85% Feb
2
83% Jan
4

26

66V* Apr 28
78% Apr 24

Dec

1

20
May 19
72% May 11

4

3% Apr

Dec

82%

22%

Feb

47%

■

3%

41 %

Air Reduction Inc

47%

Thursday

May 17
$ per thare

23 %

22%

:

Wednesday

May 16
t per thare

# per share

23

*39%

9

*

'A

3%

23

Tnesday

May 15

47%

1

3% Jan

15% Mar 29

64

*

Monday

47i

Corp
No par
Addressograph-Multlgraph Corp__10
Admiral Corp new common.
1
Affiliated Gas Equipment com
1
S3 preferred w w
50

9

121

3%

Adams-Mlllis

55% Mar

5

46%

10

25V5i Jan

21% Mar 30

Dec

ACF-BrUl Motors Co

11

5

17% Jan

51% Dec
23% May

May

18%

Feb

$ per thare

2.50

Acme Steel Co

3%

Saturday
May 13

t

EXCHANGE

Dec

Xl7%

LOW AND HIGH SALE PRICES

'

Year 1949

Lowest

4%

4

♦38

38%

x38

24.

I

4%
38

38

io9y4

*

54

54
24

11

23%
*10%

24
11

300

1,000 ~
2,900

13

14

The Commercial and Financial Chronicle

(2106)

NEW
Range for Previous

Highest

t per share

19%

Jun

29%

Dec

26V< Jan

13

77

Jun

95

Feb

89

Jan

3

5

Jun

Dec

7% Jan
69
Jan

13

43

27

38% May 2
103% May 10

77%

Jan

Jun

51%

Dec

Jun

101%

Dec

100% Mar 13

Jun

114/

Oct

111

116

49%

Jun

38%
94

105%

13

Jan

Mar 13

13"% Mar

16%

Dec

14% Apr

18

7"% July

13%

Jan

9% Apr

18

24% May

W

—.

Feb

95

Apr

109

87

30%
80

8

15

Dec

104

101% Dec

98

50%

Nov

Apr
47% Jan

13

Jun

105%

Jan

100% Jan

16

Jun

103% Jan 27

Mar

3

104
Feb
59% Mar

'4

105%

Nov

10%

Dec

15

Jan

12% Jan

32%

Jun >

47

Jan

41

Jan

53

Feb

73

Dec

68

Jan

28

77

Feb

94

Mar

87

Jan

13

30%

Jun

42%

106

Jun

20

80

Dec

108% Feb

1

Dec

99% Jan

5

24% Aug

22% Jan

19

5l%Mar25

42

Jun

58

100'

Feb

110

15

Sep

Jan

Dec

105

Feb

20% Jan

17

May

Feb

7%

Sep

15%

Jan

6% Jan

10%

Nov

17% Mar

12% Jan

4"%

Jun

7%

Jan

5% Jan

34%

Jun

44%

Jan

37% Jan

Dec

8

v

2

Jan 25

15

Feb

3

14% Jan

53% Apr

10

10 %

10

10 Va

*81% C

81%

81%

81%

80%

81%

80%

30% %

81%

51

102 »/2

1031/2

113

113

16%

*15%

"16%

*15%

16%

*15%

10%

10%

10%

xlO%

10%

10%

16%,/-.
10%

25%

25%

25%

25%

<

26

26%

26%

26%

16%
105
/

16%

16%

25%

G &

W

T SS

Lines

preferred
Refining common

non-cum

16%

58

105

*103

104'

*103

25

111%

111%

111%

1047a

107%

107%

103

108%

12%

12%

13%

13%

13%

46

46 %

46%

47

105

*105%

104

104 V

104

457

57%

53

57%

103%

108 V2
14 Va
47

47-

75

*73

74

489

90

89

89

51%

51

52%

116%

117

118

119

120 «/a

120

120'%

119

101%

101

101

101/

100

116%
4101

100

54

75
*

%

75

89%

91%

91%

53 V*

74%
94

52%

54%

x52%

74%

76

,

4

Z

.

4

109%

1,300

14%

15Va

30,900

471/4

-

91%
53%
119 %

74

*89%

8,60b

-

*72 %

51%

114%

108%

15%

47%

47%

30

1.000

108%

14%

*"

360

58%

114

114%

108
14

6,100

105%

113%

47

1,700

17

104i/4

114

■

5,300

26'%

106

113%

14

25%

104

"103%

57%.

1,660

I63:

'

10%

26 %

16%

113

46

10

25%

26%

16V2

200

16%

415%

25%

26 %

16%

*103

107%

4107%

25%

26%

57

57%

517'a

! 16%

104

57

,

57%

V

25%

51%

*26
1

105

104%

51%

47%

2,700

75%

77

900

90

93

52

54%

119

119%
102

200

24.400
650

101%

100%

1017 a

101%

1017 a

101%

_5

24%

24%

24%

24%

24 %

24%

24%

24%

24 %

24i%

24%

24%

15,000

.No par

56%

56%

55%

57

57%

53

58%

59%

59%

60%

61

621/4

3,350

103%

109

__

common.

convertible preferred-

Conv prior pref

4110

100
.No par

110

110

17%

6%

15%

*15%

*15%

7%

7%

12%

12%
8%
48

15%

47%

7%
47

7

7%

7%

108

18

■

417%

7%

7%

7%

7%

12%

1

8

127#

xl2%

12%

7%

47%

415%

15%'

*15%

7%

8

47%

7%

400

7%

2,800

15%

■

15%

200

7%

7%

71/4

487a

.

3,200

4

1,400

8%

7%

487a

.

13

127a

3%

48%

230

13

7%

13

8

48%

14%

15%-

13

8%:

43%

43%

7%

720

109

417%

13

7

7

7

15%

415%

13

7%

18

17%
ft 1

'

108

108

103

17%

7

13

—

103

19%

*17%

7%

7

NO par

($ 1.20J.

Va

112

17%

,

No par

Autocar Co
5c
Automatic. Canteen Co of Arner..
5
Avco Mfg Corp (The) common____3
$2.25 conv preferred
No par

*

16%

51%

51%

111

25
A

,

104

...100

Atlas Tack Corp...
Austin Nichols common..

25

26
105

_lo

320

104

113

,25%

..100

3,200

51%

104

112%

11

No par
common—_1

1,800

104

410%

preferred

35,300

113%

*15%

non-cum

80

700

10%

97 a

104

16 %

16%

20,700

103%

113%

415%

25%

Shares

37%

103

104

51 Va

>103%

111

36%

•

113%

51 %

112%

457

37%
103%

113

51

104 %

.*103

36%
102%

10%

51

<105

37 %

103%

,80
51%

112%

4%

■*

18

4

10%

*103%

Atlas Powder

18

3*

10%

104%

Atlas Corp

12

9Va Apr

s

10%

103

113%

4% conv preferred series
Preferred $3.75 series B

28

8% Apr

10%

10 38

36%

102%

36%

36%
103

4112%

5Jo

112% Mar 30

16

>

103%

«103%

Atlantic

7

12

36%

102%

No par

Atl

25
Feb 16
8% Mar 3

24

x36%

102%

81%

.No par

Thursday

37%

No par

5%

62V4Mayl9

2

6% Jan

13% Feb
4% Jun

25% Feb

Z

10%

.No par

A T F Inc

102% Mar 11

36% Jan 24

I per share

'

com

Atlantic Coast Line RR

Mar 23

112%
*

Dec

the Week

I per share

102

7% 2nd preferred
.......100
Associates Investment Co
10
Atch Topeka & Santa Fe com.—100

91% May 18
54% May 16
120% May 16

Jan

4%

7
2

102

Jun

93%

3

May 19

t per share

$ per share

Arnold Constable Corp.—
—.5
Artloom Carpet Co Inc
No par
Ashland Oil & Refining Co com
1
$1.20 cum conv preferred—No par
Associated Dry Goods common..
1
6% 1st preferred..—
..100

114% May 19
109% May 19
15% May 18
43% May 2

13

Sales tor

May IS

t per share

37

5

com

Friday

May 17

$4 convertible preferred

9

PRICES

Wednesday

May J6

$3.75 preferred

12% Jan
9
25% May 10
26% May 16
17% Jan
9
110
Jan 30

Mar 10

Sep

Apr
Feb

97%

15%

Jan

19

25% May. 8

;

—

11%

Armstrong Cork Co

Apr 11

SALE

Tuesday

May 15

8 per share

Par

Armour & Co of Illinois
;
$6 conv prior preferred

HIGH

Monday

May 13

Armco Steel Corp common
.10
4 % % convertible preferred——100

10% Apr 24
82% Apr 24
53
Apr 10
104% May 10

AND

Saturday

-

_

Monday, May 22, 1950

RECORD
LOW

NEW YORK STOCK
EXCHANGE

t per share

$ per share

$ per share

8%

STOCK

STOCKS

Range Since Jan. 1
Lowest
Highest

Year 1949

Lowest

YORK

..

.

55.000

49

2,800

'

Jun y

15

Nov

8%

Jun

12%

Jan

7%

Jun

11%

Jan

f ¥f Jun
*!Un

60%

Jun

11%

18% Feb 14
1.7% Feb 3

}.;.

Feb

15

6

Jan

16% May

51% Apr
20% Feb

Mar

46%,Feb 25

57% Feb

3

4%% preferred
Barnsdall Oil Co

14% Jan

20% Mar

6

Bath Iron Works Corp.....

Oct

15%

Is

98

20% Jan

10%

Jun

30%

Jun

11%

Jun

10%

Feb

Mar

16

I'

17

Feb

Oct

98

Mar

85
26

Jun

6% Apr
Feb

*1

37%

f.i

73%
93

r,

i

Jan
Jan

1%

Dec

23%

Feb

25

36

Dec

Oct

9% Jan

Lowest

y

9 per share

10%

■

8%
1 ns/

17%
cn

50

18

15/8

,

Jun

*lUn
Jun

'

25% Mar

2?

Aug

,

n?v
91%

May

l%Mar
nu

oSl? ^Un
25% Jan
6%

38 Va

52%
18 Va

33 7%

33%

34%

34%

34%

107%

107 %

107

107

*106

106 Va

106%

106%

2.50

16%

16%

17

17

*17

17%

17

par

21%

21%

21%

22

22 Va

22 Va

*22

22%

*84 »/4

85

*84 %

85

*8.4%

85

22
oci/

25/«

------

105%
39

.

;

ZH~50

430%

30%

*30%

31

.IIIIIlO

*30 %

*32%

33

*32%

33

32%

_i

*14%

14%

14%

14%

14%

17%

17Va
15%

417Va

17%

16%

14%

14%

14%

89%
45%

*87

89%

*87: -;

451/4

preferred

15%
inn

120

Jun
Feb

1^2 Jun

'

'26% :Jun

%oe
125

7%

W

wiZa/ Jun
TUn

*97%

6% Jun
3

\

o*
52

3%

Jan

11 U

Jan

98

Sep

35%

Jun

,

!

?CCZ
Jan

4

Tan

12%

Jan'
Feb

109'A Mar
4 41

May

Jan

inv

inn

4S

4

'

ssss.
nacre




27%

'.15%

415%

15%

15%

15%

15 V2

29

29%

29

30

297a

30%

29%

30

28'a

30

30

29%

29%

29 Va

29%

29%
52%

29%

281/4

53

52%

18%

18%

I8V2

13%

13%

13%

May 10

Bon Ami Co class A__i
Class B

4

6

Jan

'

3'%%

•

Bristol-Myers Co
:

common

Rights

;
♦

.No

7%

Budd•

common.:

preferred

V"

4

V

4%

i

Burroughs Adding

Bush (Terminal

5

:

y

_

*

6 / Apr 20
24% Jan 5

4%%

preferred:

Butte-Copper &
Byers Co (A M)

7%

14

-

-•>.

24

'

38

•

•

•

4

1

52%

52 Va

52%

18%

18%

19 %

1,460

131/2

131/4

14

8,300

51

51V2

50%

51 %

2,500

64%

63 Va

64 Va
98»%

64 %

65%

12,800

*97%

98%

98 Va

2%

51%

3

*2%

38

38 V2

*2%

9

38

8%

>

3

15

_

i

700

38%

8%

9

3,700

8%

8%

26%

>25%

11%

11 Va

11%

11 %

11%

6,200

32%

32%

32%

32%

33%

33%

34%

33%

34

33%

34%

9,300

'29Va ,29%

1,700

6,400

,26

8%

4 38

?

11%

28

28%

27 Ya

9

*25

43%

V

18%

*79 "

-

'*37 % ~

124

16 V*
80

425V2 " 26

•

26

12

80

44%

23

23 V2

18%

124

*123

16%

*101

80

80

*123%

22

34 Va

21

21%

21%

97

96%

97

88 V4

88%

88

21

21%

97

971/t

88%

881/4

97

•

*87

22%

'24%

124

38

37%

;/22%:

%

*87

'

80%

37%

■

59,300
400

.

37%

600

22%

22%

23.

34Vi

34 %

1341/4

800

21%

12,300

21,:
21V4
*96% -V97%.

21%

100

17%

4787a
'

13,000

124

•

171%

.38

22%
34%

34

"2,806

19 Va

19

V

•

79

21%

500

39%

19 V*

78%

190

102 Va

241/2

124

;

33%

34

391/4

4101%

17 Va

34%

♦37%

12%
r
r

24 Va

15%

21%

88%,

3,000

r

37

,

12 %

•

H

79%

■-*78%

37i%

81,500

.

12%

19%

19%

21%.

,

2,500

% :\V'H

16%

34%

37

44JA

39V4
/■ 102Va

23%

124

37

/:

-■

44 Va

A

*101

23%

18%

44 %

,

*38%

39

xl6

16%

102%

12%

12%

*123%

16 Va

26%

102%

26%

44

102%

'

23%

18%

183a

124

xl2 V2
39

102 Va

26%

102%

26

102%

..a

la

39

*33%
*101

97%

.

43%

80

37%

V 21%
34%
21% ; 21%,

*97%

|

29%

*29

26%
102%

-.*79

421

•*87

43%

./H 12%.

23

16%

*34
!

12%

38%

18%

124

|

3;
-8

1021/2

227'e

26
*102

26%
102

*43%

29%

29%

29

26%
102

%

ft

38%
*101

23

;
■v

43%

12%

38%

28%

26%
102

102

12%

102%

28%

26%

103%

18%

*85%

ZZZ™
1

.No

5
oar

14%
4

An

:485%

14%

8%'

88

9%

*85V4

.

r

5%

-

*122%

9

5%

14i%

*

125

9%

9%

476V2

78

5%

%

-

21

-V '

5,600

*961%: ,97%

88

*87

•.

5%

.VI

:

570

-'88

:

88

14%

9

*123
'■

125

9

"*87

14%

14%
V

9

"89

88

-■

14%

9%

9

*123: i 128

9%

10

10%

77

76%

761/a

*123

5%

5%

5%

;•/

.

10%

76

76

5%

5%

20%

.91

*87

200
-

V

20

9 Va

14%
9Va

123i%

123 Va

10

11%

20,100

141.Y

•

128

10%"

*

5%

;

14%
9%

.

10%

76 Va

91

-

-

"

vr

20%

-

.

10%
$

76

5%

76

r

15,500

2,700

330

5%

2,100

207a

2,500

"

20% 4 2034

.*102

103

.

*21%

:

14%

9

9%.

*76% " 78.:

■■■■':

14%

9 Va

*122% 125
'

No par

common-No par

88"

1

100

zinc..•

:—

100
200

3

3

V

38%
8%

21%

20%

*101%

20%
103

•

*21%

21%

40

39%

*53%

,

40VaL

40%

55

54

54

2%

2%

5%

6

5%

20%

20%
102

103

21%

21%

40%'

40%

*54

20%
102

21%

::

' 103 ;

21%

39%

21 Va

40

21%

39%

-103

40 V

*53%

55

20%
•

*102 Va

22

103

/

40 V4

60

22%

40%

1,800

2,300

;

54 "2

*53%

2%

2 Va

'

20'%

*101%

2%

2%

2 Va

2%

2

2%

2

2Va

11,500

6

5%

6

5%

6

6

6 %

61'8

6 V»

11,300

22%

55

*53%

10

55

«421 %

21%

22%

5,700

11%

11%

11%

11%

11%

11%

11%

11%

11%

11V2

11 %

11%

18,400

;101% d01%

101%
*41 ?

101%

101V2

101%

*102%

103 Va

103%

103%

103Vi

103 %

180

42%

*41%

42 Va

*19%

19%

*191%

19%

42-.

•

/19% .19%
t
15%
15%'

21%

22 Va

22%

22%

V 42

15 Va

15%

151%

15%

45

'

*44 Va

45%

45

45

17%

*17Va

17%

17%

18

57%

57%

*56 Va

57

V2

42 Vi

•

22%

22 %

42%

42 %-

42%

43'

200

19%

19%

i9y4

191/4

19%
15%

600

"

44%

-

>•■'

*18%

22%

22%

15%

15%

15%

15%

44%

45

44%

45

45%

45%

•

17%

17%

17%:

17%

17%

18 (

57%

*56%

57 %

56 '■

56 Va

'

-

151%

*55
:

^

610

26

16% "

i

.

«•

3,000

11%

*56 Va

!

28%

98%

51/

,

38%

17%

Z

27%

*

sb ISSUES0!?!

n6i
x

28%

26

*123

loo

$

10£

8%

43%' 43%

A

100

participating preferred—.100

«V? ^ay 26 ^ California Packing
n8
Jan
5% preferred

-

8,800

11%

'*22%

"l
~_i50

F

Byron Jackson Co

8,500

11%

38%

preferred~~100

common

29%

i

11%

12 V2

MachineZZNo~par
'

3,100

29%

29%

26

4101

l

Bush Term Bldg 7%
7 Butler Bros common

167a

'

11%

26% r

5

common

93%
"

16

*97%

v

64

2%

13%

27%

28

" ~No"nIr

IncZZ'Z"
Corp

2%

5,800

13'%

r

63%

51

>

63%

38

38

,

8%,. 9

*102

-g

3%(4 conv 2nd preferred
* 3 Vi%> preferred'

3

42V2

51

*971%

.

2,300

14%

15%

-

29

14 Va.

285a

32 VV

~Nonar

preferred

51%

.

Shares

28%

13 3a

>

11%

ioo

ZZ~~"

1 Bulova Watch Cd

9

51

2%
38

4

*26

I5

_

(The)-Co~common

^ Eullard Co

Mar 23

in?
:

981/4

*2%

No~Dar

Callahan Zinc-L~ead~Z_ZZ_ZZZZZZZZ_l
*Calumet & fiecla'Cons Copper^—i_5
CamPbe» W & C Foundry_l.No par
( Canada Dry Ginger Ale com—-1.66%
:
$4"25 conv Preferred—...No par

99

63%

497%

"1
Z

common

$5 preferred
Buffalo Forge Co

24

2% Apr 19
99i,;,MayiS
iVff ^ay 17

62%

98%

38

__5

2

55

62%

%

Bucyrus Erie Co

Jan

51%

62%

•

Sales for
the Week

8 per sharp

1

par

>

4 24

T?n \

451%!
,*97%

par

20

13%

par

Brunswick-Balke-CollenderZZZNo

Apr

13 Va

par

:

9V2 Jan

13%

/

loo

$3.60 preferred

105% Jan 24

9

^

1

I Brown & Bigelow

2

13%

15

11

Mar

18%

13%

•

52%

18%

__j._

/ Brown Shoe Co Inc

May 19

52 '/4

18%

2.50

preferred
Brooklyn Union Gas__—

3

Feb

53%

18%

2Z50
—

3%%

7
.

53

18%

No par

Briggs Manufacturing Corp..No
* Briggs & Stratton
i___.
No

li May 18

Mar

53%

13%

.5

-

:

,

13%

(assented)—100

Brewing Corp. of America..
Bridgeport Brass Co...

{

5

'

453
.

loo

Bower Roller Bearing Co
* Braniff Airways Inc

6

Jan

ZZZZ"

common

preferred

Boston & Maine RR

4

18

;

...No par
No oar

.1

BorgtWarner Corp

9

Z

,

Bond Stores IncZZZZZZZZZZZZZ.—
1
Borden Co (The)
*! '.15

9

bBii
2*.r

27%

15%

11% Jan 23
M7 i Feb
2

>

b sHj

27%

May IS j

16

42

islii

I per share

14%

125 7

V
5

\

t per share

12%

15% May

13

JaS

Wednesday
May 17

14%

7 91

3

Anr

Friday
May 1{)

Thursday

May J 6

12%

v wi.zbr is

Anr

Tuesday

•■9 per share

13%

PRICES

14%

89,' Jan

i3/8?eib92
IRV

SALE

12%

1100

Apr 26

53

HIGH

14%

21% May 16 4 Burlington Mills

4

Si1/a May 5
x21

Apr
Apr

?V

1,700

AND

15

39% Jan

Mar29

,

4,500

13%

12%

20% Jan 27

Mar 30

3% Jan

28% 1 29'/4

14

12%

124

Mar 31

19

28%

14

14

25% Feb

Feb, 21
Jan

28%

14

12%

(E W) Co.i

800

28%

14

12%

Bliss

5,100

33,600

144%

37 Va

28'/a

12%

4

par

37%

371/2

i-144%

14%

12%

5 '

l

26%

26 S

300

28% :

S per share

May 15

I per share

-

14V8

Monday

May 13
par

48,500
6,000

36%

_ZZZ._Z__i

40

9% Apr 18
69% Mar 7

\Sc/s ^an

IT/2

Saturday

1

900

1%

28V4-

LOW

STOCK

87%
112%

1V2

144%

27 %

3.

8

Feb

22%

14%

3,300

'

37-

144V2

27%

103% Jan 24

3 :

117

4% Mar

58

28%

14%

30,900

487

373b

36%,

37%
145%

15

3
17% May 19 :
JV», May 16

13"% Jan

Dec

82

16% Jun
9%

'

ay

t

-

28 %

14%

37

37%

36%
*144%

144%' 144%

9,200

15%
26%

*111%

26%

27%

a 14

2

Mar 20

94

Dec

,

'

28%

%"

37

V*

14%

'

17% Mar 30 '

.

Jun

%

26

27%

44% May 17

9

88w ^lar 29
82 % Jan 18

■,/

May
J»ay

*28

*14

No par

1%

26%'

26%
"*■

4

1%

46»a

14r%

111%
1 Vi

14%

29% Jan

Feb 16

34% Jan

Sec

26%

144%

1 Va 'V

600

1,300

89%

26V-4

87V2

111%

27%

36% Jan 11

o«i/

*143%

-

*87

87%
111%

27%

23

Feb

nh/ ^Un
T^n
20% Jun

37

87

111%

15

451/4

■?-

414%

18% Jan

Jan

Jun

60
.

37 Va

36%,

26%

15

1,100

-

16%

*87

26 V4

:

No par

31%

S

36%

36%-

-36%

14%
26 V4

3,100

15

.

16 V3

45%

44%

20

32 %

15

89%

15Va

10

1,600

31

30%

15

No

12% Jan

Nov:

<

265a

35%

487

800

8%

32

.

-

Black & Decker Mfg Co

17% Apr 24 V

(122

26?a

87

111%

15

BlawvKnox Co

105% Jan

13

Jan

123

<><*

16/a

1%

36 Va

145-

167/a

45%

26%

'

36%

35%
*143'/2

CarpetZ.ZIZZNopar

>

•

35y8 May 8
29 V2 May 19

'

Si

.

1.1/2

'

38% May 13
9% Feb 18

*

H3/* Hec
95
'

1%

36

36
"

14%

3

181/2 Dec

May

Zo
AUn
Inir ^
13% Jun

1%

26%

EXCHANGE'

36

£?X

77

V 111%

26%

317a

14%

4

3% Apr

,

Apr 20

21% Apr

Dec

,

87%

87

31%

45%
•

4

416%

•

14%

111%

26%

100

Co

89%

*87

*26%

1

ZZ

*87

85

3 1'2

31

14%

:

*84i/i

5,000

22%

8%

*30''a

15 Va

*111
>

8%

210

x22 Va

85

V2

2,900

18 Va

13

22%

85
8

34%
105

105

17%

422

15

26%

-

17'/a

17%

34'/2

34 5a

106

14% •

16

1%

4,800

10%

10%

34%
106

16%

26 Va

1%

10%

10'/I

10%

14%

15 %

pesos

1,600

32%

44%

-.

12,200

18%

16%

16

C

20

53

18'a

14%

26%

87%

38

52 Va

32

45%

112

437V4

18%

141%
17V4

15%

160

17

,

37%

32%

26%

900

2,100
2,500

53

418 Va

31

15%

*111%

18%

8%

17

17

30%

26%

487

,•

,

'

31

15%

Nopar

com

45%

8%

26%

""1
(Del)

preferred

NEW YORK

16% Jan

Jan 13

36% Mar

0°°

35%

-

45%

1948_No par

_

_

Birmingham Electric

1

100

Sep

Feb

ser of

Benguet Consoi Mining Co.. 18
Best 6$ Co
•

11

65% May

11% Apr 24

'

i 13% Dec

29% Jun

5

_

Bigelow-Sanford

1?100

A May

Dec

t

*87

Appliances!—ZZZ33%c

Cum pfd $4 div

3

36

Dec

24

■

ion

29y4 May 19

51% Apr

23y4Mar24

102% Dec
4

*14%

53

18%

89 3 4

Corp.!-"""
~""i
Howell Co common-ZZZIZIIo

8 V2

8%

49 3 4

52%

52%
10%

19 Va
66

49%

1,800

37%

38%

*37%
».

10%

33%

8%

Best Foods

32% Mar

—

40

i"

Jan

85

33%

8%

Bethlehem Steel

12 y8 May

100

12/a Dec

wan

29% Mar
,95

484

Beneficial Indus Loan common.. 10
Cum pfd $3.25 ser of 1946_No~par

60
Jan 10
x24% Jan 12

9

May

28

Dec

--

...

.100

10%

10%

10%

33%

8%

4%%

3

4

Dec

33

Jan

Jan

pfd__

10%

19

19

l

Bell &

23

7% Mar 10

^.an
?oy
Jan

00

Oct

M

18%

pfd.I.No

conv

(A S) 4%%

29% Jan 12
37% May 17

31

Feb 15

25

Apr

17

18%

5

1/8 Jan 30

16%

19
66

49'%

49V4

52 Va

5

*34 y2 Feb 24
7% Feb 14 *

47% Jan
9%

437 %

16

97% Apr

Hcc
J/8 *?ar

y

16 %

.2.50

55

Deo

«,

Jun

16%

Boeing Airplane Co
_t
Bohn Aluminum & Brass.

48yaJan

Dec

2/2 Jan

,

t

16%

Bliss & Laughlin Inc.—...

2
18% May 16
13% May 16 /

98%

16%

1

52 % May

Sow8 Sec

'

16 %

49

*371/4

Bendix Home

31% May

51

38 ,4 Mar

.

16%

16% May 19

3

19% July

_

*48%

4

19

15% Mar

22% Mar 25

32% Jan

Nov

49 %

-

67

18%
46C

29% Feb

4

22 /a Jan

Jan

64

^

Aug

■

48%

14% Jan

**an

■

49

IV/2 Jan

J2ec

«=<!/

,

7,400

19
66

48%

13% Apr 26
11% Apr 19

Dec

22 Va

19
66

38%

$ per share

25y2 Apr 26

213

13%
66

,;52%

Bendix Aviation

S per share

Nov

14%

■

13%

share

22%

13%
65

STOCKS

??w2 £an

TUn

Jun

per

22 Va

22%

22%

18%

*37%

Range Since Jan. 1
Lowest
Highest

Highest
j

<

18,100

x51%

Range for Previous
Year 1949

23,500

11%

18%
10%

15% Apr

3

11

111/4

53%

144% May 19

24% Mar 27 ":

103a

38%

S8% May

139% Jan 21

11% Mar

:

V

Apr 26

31% Apr 20
30% Jan 13

Dec

31% Mar

22% Jun
9.

26

14%

10%

11%

49%

Bell Aircraft

3

Feb

14 %

10%
11%

49%
416%

50

...

Belding-Heminway

May 15

90

22 %

14%

11%

65

Eeech-Nut Packing Co

*

8

106% Jan 12 j,
113
May 3
iy2Apr
6,L
2Va Jan 11

Jan

141

v

Jan 12

22 Va

14 Va

11

IIV2

*64%

18%
65

Beech Aircraft Corp
Beech Creek RR.
I_

27

26,% May

18%

14%

10%

■

53%

16

4

22 Va

21%

14%

13%

15% Apr 22
89% May 5
47% Apr 29

-6

86

Dec

33%

Jun

Jun

10

9% Jan

27%

May

23%

129%

4

Feb

22 Va

65

14V4

l

Beck Shoe

5

15% Apr
13% Apr

'

1

25 % Jan

2% July
Oct

.

,

34% Jan

3

34% Jan 13 1

Dec

109%

;

6

12% Jan

Dec

85

32% Feb

Mar 14

4131/4

—.IIZIIZ.5

Beaunit Mills Inc
$1.50 div cum

9

x85

11
Jan
27% Nov

,

21%

9% Jan

13% Jan
12% Feb

Jun

11% Jun

7

31

Feb

16%

i

3

29% Jan 12

Feb

7

22% May 10
86
May 4

Jan

22 Va

50

Bayuk Cigars

May 11

7% Feb

;_100

14%

Inc
ZNo'par
Beatrice Foods Co common___.l2.50
3%% convertible preferred... 100

13% Jan
9
34% May 17
108

9

22% May 10

74

Jon

32%
«

26

Jan

21% May 12

86% Nov

,

Feb

8

15% Mar 25

—

Jun

27%

II

39

3

9% Apr 17
29% Jan
3

Mar

11%

43

Jan

w

11%

Convertible &% preferred...
100
Barber Oil Corp (Delaware).
10
Barker Brothers common..
____10

Dec

6%

11%

4% non-cum preferred.
Bangor & Aroostook common

Dec

69

10 Va

111/4

5

9
36% Jan 16

—

10%

11%

Jan

17%

;

10%

11%

72

33%
101

—,

10%

14%
10%

14%

10%

,.100

Dec

41

Nov

14%

——13

Baldwin Locomotive Works
Baltimore & Ohio common!

•

:
1

23% Apr 19
22% Jan 23

Jun

12%

Inc......

56% Dec

81%
,

4

(B T)

12

•#
v

16

Babbitt

Apr

26% Nov
Feb

■

i

13% Feb
12% Apr

•

3

25

63

21%

39% Mar
9% Feb

f

15% Jan

July

72

53

Sep

36

9% Jan

22 /a ,lan
2«

•

Jun

15

i"

♦

Jun

38

13% Apr 28
9% Mar 27

'

1V*

B
*13

"

56

'

36,900
900

1,800
80

Volume 171

Number 4909

...

The Commercial and Financial Chronicle

(2107)

Range for Previous

STOCKS

Year 1949

Lowest
I per

share

9%

26%
25 %

12%

8% Jan

Feb

Jan

33

Dec

Jun

1S%

30% Mar

Dec

37%

Sep

Feb

8%

Nov

45%

Nov

*j'

Nov

/'

26%

Jun

!

104%

140

34%

Apr

105%

Ohio

Carpenter Steel

;

May.
Mar

3

13

Jun

132%

Dec

Jun

26%

Jan

18

15 %

Jun

18%

Jan

16% May 17

14%

Jun

"Jan

15

18% Apr

11% Ma1

9

17

7% May
3

Jun

6

Jan

12%
■'

Jun

24%

6% Mar
33%

104%

■Jan

Jan

3

15

Jan
Jan

3

9%

Jan

9% Jan

Dec

35% Jan

10

112%

Dec

8

Oct

11%

Oct

12

Dec

14%

Oct

10 %

Jun

14 %

Dec

9%

Feb

13%

Oct

12% Jan

8%

Dec

v

6% July
14% July
9%

91

1:

110% Feb

9

9% Jan

25

7

17% Mar 30

Dec

15

31%

Nov

26% May

l

31%

Dec

30% Jan

3

98

Jan

5

Jan

Jun

98%

Dec

9%

Dec

28%

Jan

24

Jan

Nov

34%

Jan

27

'Apr

Nov

85

Feb

80

3%

Jun

8

Jun

9

Feb

14

30

12

86% Apr
7% May

3

15

3

13% May

8

12 % Jan

13
13

13%

Dec

11% Jan

20% Nov

Jun

10

3

Jun
Jun

15 %

10

Apr

3

28% Feb 23

7% Jan

3

5%

Jan

4

Jan

5

10% May 12
5% May 8

8%

Jan

7% Jan

13

9% May

f

Jun

34%

Dec

Jun

15

Jan

24

Dec

36%

Jan

27% Jan

3

21%

Jun

29% Mar

26% Apr

17

35% Feb

27"% Mar 30
11

Jan

3

'

.

49%

Jun

55% Dec

25%

Jun

41%. Dec

Jun

82

May

Dec

13%

53% Jan

14

12

Nov

Jan

30

13% Apr

Year 1949

Lowest

xl3

2%

$ per share

% per

Jun

16%

Jan

13% Jan

5%

Jan

3% Feb

14

Jun

60

Jan

45% Jan

30%

Dec

36

Jan

30

'

62% Jan

32%

•

30

97%

Jan

105%

Feb

29%

Dec

Jan

59%
! 8%

Dec

Feb

Dec

•79% Jun

,

86

103% Jan

Jan

34%

Dec

16

Jun

19%

'

!20%

Jun

30%

Nov

85

13

6% Apr

Oct

1

Jan

16% Feb
24

Jan

1

Mar

;

36% Mar
108

20%
105

72

Dec

43% Jan

3

112%

Jun

Jun

109% Jan

28% May

i

C C

112% Mar
29% Jan

9

108

Aug

106% Feb

24

73

Feb

62% Jan

3

72

Mar 25

36%

Dec

43

Jan *4

43

Mar 14

Jan

37

15%

.10% Aug

Jan

12% Jan
32% Jan

13

Jan

13

35%

101%

Dec

105 %

Dec

101

3% July
21% Jun

5%

Jan

4

30%

Feb

22

Dec

.

Mar 22

.'

Mar 27

July

141%

Sep

137

82%

Jan

74

Apr 26

152

xl24%

Jun

172

Sep

54

Nov

64

July

1075

Jan

1075

143

Feb

81% Mar

Cluett
-

8

Feb

43%

Dec

42% Jan

89

Jan

100 :i

Dec

97% Mar 22

Feb

17%

Jan

16% Jan

Jun

19

Jan

*

3

3

,'46%

Jan.

7%

Collins

14% Mar 30

17% Jan

11

Colo

12

19%

Jan

16% Feb

15

18% Jan

17%

Dec

16 '

Jan

13

28% May 19

Jun

17%

Dec

16% Jan

13

31

7%

Jun

16%

Dec

15% Jan

13

17 %

Jun

29%

Dec

28% Jan

3

16%

Jun

23%

Dec

28% Jan

13

9%

Jun

13

Dec

11% Feb 14

7%

Feb

13%

Oct

11% Mar 30

;

5%

18

'Class

Sep
Oct

60% Mar 25

32%

307/8 Feb

15

37

22%

Sep

20% Jan

4

$4.25

Combustion

24% Apr

26

27% Jan

57% Jan

16

65% May 17

13%

Jun

20%

Dec

15"% Mar 30

21 % Jan

25%

Jan

30%

Dec

29% Jan

33% Mar 16

7%

Jun

24%

Jun

30%

25%

Feb

2%

Jun

21%

Feb

10% Aug

Commonwealth

3

Conde Nast

6

Dec

27% May 4
3% Feb 15

41

Feb

6

May

3

Dec

27% Jan

3

33% May 19

1

109% Mar 18

114

Mar 30

107

14%

Apr 15
11% Mar 30

Jan

11%

Sep

9% Apr

38%

Jun

46% Mar

42% Jan

3

11%

Feb

21%

16% Apr

20

Jan

12% Mar

10%

29% July

Dec

12% Apr
36

May

11
;

9%

19

Jan

3

Mar

8

10% Jan 25
33

Jan

13

of

68%

8.50

32%
"107%

lo

36

2

Dec

38% Jan

*3

47

93

Jun

Nov

101% Jan

11

Dec

14% Apr
•95% Jan

24

-19% Jan 24

9

35% Jan
102% Feb

13

100
Jan 24
39% Feb 17

Jun
Jun

103

6% Jun
56%

Feb

17%

,

Dec

37%
102%

Dec

.

Dec

3

9%

Dec

8% Feb

7

78%

Dec

54% Apr

27

For footnotes

see

page




24.

106

104

,

May 19
Mar 15

Elec

gtd_^

May 19

18%

10% May 19
78% Jan 11

8%

8%
28%
6%

28%

/■%

83

9%
27%

283/4

291/8

82 Vb

82%

6%

11%

11%,

i4'A

14%

*

••

6%

1,900

12 v

4,700

6%

ll7/8

14%

10%

5%
9

14%

5%

9»A'

f^.<30%

10%

5%'

9'/a

9%

30%

31%

,

31

*56

10%

5%

:■*

9%

100

:

,

30'A

:.i

14%

56 'A

42%

/

29%

56%

56'%

32%

29

43

103/a

10%

5%

5%

3,800

93/8

14,700

83

i

*13'A:-:l3'/2

*13

15

15%

5,100

323A

34%

II,500

30%

8,900

31'A

56

12%

6,300

.

■

843/4

13%

.

43%

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.

561/4

42%

83%

..

*13

:

6,800

31%

561/4

42 'A

83%

13%

4,700

30%

31%

56'A

83

2,200
"

15

30

A

29,200

16

27%

331/8

32%
>

400

15"%

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15%

32

28,000

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27%

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'

,,

■

5,200
'

.

15

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:/

5%

50

83/a

29%
83

•

6%

12

14%

10%
;

600

6,500

104%

27%

28

15%

'

8,100
V

39%

39%

8%

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24,800
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•

29

*104

27%
10'%

12%

|

43

68%

32%

•

.

32%

33

108

108

7%

400

10,400

.

2,000
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200

110
26%
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"70%

"40%

';.

69

•

.

'...32%

1

69

33

32

33

69

70%

40,200

32%

32%

13,500

108'/a

108%

69%
32%

108 %

*108%

108%

*108%

31%

31%

32%

32%

64%

64%

64%

65

v

108%"

31

64'A

32%
65%

7%

33

♦18%

19

27'A

27%

7%

•7%

7%
93

*91'%

.:

•18

'

27%

27%

200

•

32%.

8,600

6,000

7%

91%
33

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18%

18%

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27%

130'

653/4

7%

27%

1,750
A*

31%

32%

18'A

.61

65

91%

93

./>A33,/v'/:33;/i:::

58,000

60%
33

,,■>108

•33

6.;

61,7

64%

*91%

Shares

171/2

5%

33

X 33

,70

*163A

6

60 'A

62%:
33%

$ per share

17%

5%

7%

7%

28

2,200

931<

33

33

50

:1,300

•

18%

27%

500

27%

2,200

*136

81

80

80'A

46%

46%

46%

46%

46'A

46%

46%

46%

4,800

110'A

110'A

110%

110%

*109%

llO'A
273/4

109%

109%

280

'

46%
110

'

.27 %

*107

t

72

4

*16%

Sales for

the Week

160

-

27

26%
108

61

33%,

.

33

19

46%
110

vW: 32%;

7%

*26%

110

7b

33%

*18%

47%

'

33%

93

33%

27%

62%

69

18

/ 6%

5%

Friday
May 19

May 18

30%
.

*91%

18%

62

108%

t

7%

93

'

69%

*16%

6^;

"33%

68','e

-

Thursday
$ per share

,

17%

57/8

Wednesday
May 17
S per share

*

S per share \
*16%

34

*33%

*80

"46%

5 ;,

62'/a

1 %

i-

>

v

May 16

'

61

34

Tuesday

6%

5%

*136

50
1

1

common

...

160

72

;

*70'/e

43

*40%

43%

18%

19'/a

160

*137

160

*137

160

*80

31

*80

81

*80

81

27%

108

107

/

*70 VB

72

„

*40%

19

*137

,27'A

,27«A
*107

108

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18%'

19 V*

34%

27'A

27%

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107

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108

*70%

72

,

—

20

*

27%

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r

.

2,900

108

30

4

70%

70%

10

40%

40%

40%

170

18%

42

72

40

'

42

108%

*4%

com

No par

26%

26%

25%

100

"137

—100

77

34%

"108/

_100

com—No par

138%

■

19

18%

19%

34,400

155

53%

54

53%

"1180

—

44%

44%

No par

"99%

34%

34%

343/a

108'A

107%

108%

43/8

43/e

26%

263A

27 VB

77

*137%

138%

137%

*76%

77%

77%

154

53%

53%

53%

•154'A

154 %

53%

53%

4%

26%

138%

154

*1180

No par

138%
77

155

155

"153%

No par

v

34%

34'%
108%

4'A

26%

77'%

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:

108%

34%

/

4%

25%

19%

108'/4

i

108'A

4%
■

138%

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77

18%

34%

108

4%

26

19%

34%

34%

107%

4%

•••..

."

V

*1180

*1180

3,700
880
'

1

4%'

27%

7,500

137%

137%

77%

53 ft

1,700

26%

137%

154'A

4%

*763/4

773/4

1543/8

1543/4

1,900

53 tt

53 is*

1,240

155
533/4

*1180

•'

160

'

600

*1180

44%

44%

45'A

45%

99%

99'A

99'A

*99'A

99'%

99%

'

110

No par

17

17 Vb

*17%

17%

17'A

17%

17%

17%

173/4

19

18%

19%

14,900

No par
;
20

15%
1.6%

15%

15%

15%

15%

16'/8

15%

16%

15 3/8

153/4

153/4

163/s

16%

16%

36%

12,100
1,200

Ry com—100

25%

25%

25%

27%

27

29 :

29

30

30

29

Corp

preferred

100

"26

2.50

35%
"35%

Inc—No par

14

common—No par

"12%

44%

16%

*26%

27'%

16%

16%

2 7'A

29%

27%

27'A

*26%

26%

27

^

■•: /'

100

100%

16%

30

27%

453A

45%

*100

36%

27'A

30

A

4534

45%
100

16%

16%

46
<

3,100

100

17 :/

273/4

28%

28%

2,020

30

;:A

27%

30%

30%

31

2,500 ;

273/8

27%

27%

28%

590

36

35%

35%

35%

36

X35%

35%

35'A

35%

353/8

35%

6,800

36%

35%

35'%

35%

35%

x35%

35%

35%

353/4

35

35%

2,400

14%

13%

14'/a

13%

13'/a '13'A

14%

14

13

13

/

14 VB

14

14%

13%

14%

13

13 Vb

'■•'4! 13

13%

13

13%

53,600

5,400
4

*60%

63

62

63

No par

*35%

35%

35%

35%

35'A

36'A

35%

36%

-*35%

35%

35

35%

2,000

5

20%

20%

20%

20%

20%

21%

21%

21%

20%

21'A

21

211/4

"5,500

26%

26%

27

Elec

Co

*61

63

63 :

;

*61

14

?

w___No par

w

Co

"61

63

*61

63

,

100

26%

26%

26

26%

26%

26%

26%

263/4

26%

—10

64%

64%

64%

65

64%

65%

64%

651/4

643/4

65

643/4

65

No par

"16%

16%

16%

16%

16%

17'A

17%

17%

163/4

17

163A

17%

7,600

25

31%

32

31%

32

31%

32

31%

32

31%

32

32

32%

14,500

No par
common

Co

*9%

9%

9%

26%
*27%

26%

26%

28%

27%

27%

4%
31%
108%

4%

4%

31%

31%

*107%

—Nopar
No par

series

25

-100

*115

B

series C

Retail

com

$4.50 preferred

100
Inc

1

No par

No par

$4.52 preferred

No par

of America com—20
—100

Baking Co com—No

preferredCan

Inc

par

No par
common
20

$3.75 preferred
Continental

Diamond

Continental

Insurance

No par
Fibre

45

15

pfd

Stores

Consumers Power Co

Container Corp
4% preferred

9%

107%

108

9%

91/2

26%

27

4%
31%

.

26%

/ 26%

*27%
■,l!

4%

31%

27%

28

4%

4%

32

32

9%

9%
27

U

*27%

27%

107%

107%

107'A

25%

2 5 3/8

>.

9%
27

*27%

28

43/4

4%

32%

33%

331/8

108

107%

25%

93A
27

4%

4%
32%

26%

r

25%

108

108

7,200

7,900

9%

2,200

27

2,800

28

200

4%-

7,300

33%

70,200

108'/a

2,000

25%

13,900

& Pwr Co

4%%

Consolidated

9%

No par
No par

Inc

RR of Cuba 6%

Continental

39%

104%

157/a

5%

17%

*16%'

*32%, 33%

50

common

Preferred 4%

$5.50

12,700

27%

,

Monday
May 15

3414

Lt

Baltimore

Continental

18%

*28%

15%

10%

56'%

f per share

81

"

41%

18'A

28'A

39%

28

11%

/

82%

160

1

Jun

7,100

18%

27'A

82%

"80

—10c

27%

207/a

15%

82%
13% ->

"27

Inc

4

20%

*104

82'A

;

427/a

"136

Consolidated Textile Co

Mar 16

Jan

20%

26%

42%

100

Consolidated Vultee Aircraft

113% May 12

7%

15%

42

100

6

111

•

7%
*91%

5

1

110% Mar 30

8%

19%

*7'A

28'A

V,.

15%

19%

7%

18%

40

15%

19%

*7%

267/a

41

64%

Consol

108% May

*56

30%

Consolidated Natural Gas_

Dec

30%

•

30%

6

Dec

95

30%

5

113%

29%

*63%64%

47% Feb

110%

X98

-

*33%

20% May

9

29%

5%

108%

Feb

9%

17%

*11%
*10

12% Jan

9%

.;

9%

15%

19/

15'A

5%

May IS

100

12

5%

15'A

■A

26%

v

10%

30

Consolidated Grocers Corp—1.33%
Consolidated Laundries Corp
—5

17% May

...10%

10%
5%

Saturday

100

Publishing Co

Preferred

10

Apr

Jan

15%

26%

r

;No par

$5 preferred-

12

Apr

Jan

15%

26%

14% Jan 10
12% Jan 28

103%

13%

15%
26%

I,400

•

6%

11% ;i
141/2

14%

12%

'

20%

28%

11%

>

12

LOW AND HIGH SALE PRICES

Cigar
No par
Consolidated Coppermines Corp
5
Consol Edison of N Y com
No par

6

105%

85

14%

2,200

12%

19%

82'A

6%'

90

10'A

"

84-

6%

.

112%

10

104%

*27

28%

*82%

;6%

13%

Consolidated

Jan

Cons Gas

„

.11%

14%

83

108%

Congoleum-Nairn

26 % Apr
117% Apr
108% Apr

•"'A

8%
28

3,300

*112

10 VB

18%

36%

37

36%

2,000

12 %

28

*104

5,700

10%

•

Edison

4%

Jun

11%

14%

-

8'A
28%

28%
.

13%

No par
5

Inc

29%

Jun

6

*13%

com_.

Solvents

34%

Jun

28%

.82%

10%
5%

•

"

6%
12%

>

V

•

:

-104

*27

28

.

4%

Credit

11% Feb

;

.8%

*27

•

6,800
5,000

.

112%

21

18%

2,300

.

10

7%

*27'A

10

600

Engineering

Superheater

30% Feb

May

104

:

84%

"6%
12%

30

_No par

Ohio

Apr 28

107

*8

28

*16%

System

Apr 24

24% Apr 24

7%

8%

•

35%
104

82

Sys Inc cl A

9

Oct

36

35%
104

28%

'"■(■y

7%

(The)

25

109

35%

35%
104

preferred

Nov

5

18%

;.

10%
36%

36%

15%

19'A

27%,

1

So

Commercial

13

18%

27'%

20

preferred

Commercial

3

18%

28%

82

pfd_—

Carbon
&

Dec

10

18%
*27%

No par

Corp com
preferred—

cum

Dec

8

20%

100

Inc

conv

Columbian

27%

10

20%

*81%

Machine Co

Pictures

60%

Feb

20%

100

4%; stock

Gas

Feb

8

21%

'

23

-

*112

12%

14%
;:

14%

Co

Columbia

Feb

Jun

20%

2.50

21%

11

20%

.V

Co

36%
.10

*7'A

9%

100

Broad

46%

Apr

7%

15

28%

B

Columbus

i9%-

32%

Corp

Columbia

Apr 17
22% Mar 6

19

•

.

22'A
10

112%

10

A. *12'A

14%

& Iron

Columbia

18

12%

28%

2nd

38

12%
14%

36%
*112

V

31%

—

& Southern

38% Apr

10'A

112

14%

Elec

Aikman

conv

10

7

10 Vb

*7%

No par

Fuel

112

28 VB

Internatl

&

<

.-.

9%
12

..

6%

10

10%

112%

9%

t

23'A

7%

61

RR

36

36%

22%

36%

36%

31%

Co com
preferred

Co

*10

28'%

non-cum

68%

22%

31%

4%

Jun

22%

22%'

22%

il4%

,28% May 10

Jun

X106

\

1st preferred—100

18%

6%

28%
56%
42

non-cum

26%

93/8

6'A

14%

4%

48% Mar

173/4

9%

31%

A

Colorado

14% Apr 13
14% Feb 20
Feb 14
66

173/4

9'A
6%

22%

28%
" '"56
42

May 19

Apr

17%

9%

v

"

31%

$3.50 preferred—

20

Jun

17%

,18

"14%

Corp
Colgate-Palmolive-Peet com

19% Jan

8%

18

18

1,000

19%

25

2nd

cum

13

7%

16% " 16%

*112

5%

&

Foods
cum

Class

9

16%

15

___25

gtd

Coca-Cola

Mar 16

100

16%

No par

STOCK

Peabody & Co
preferred
i

4%

3

Mar

55

16%

com

Molybdenum

"> 4Vz%

18

Jan

165
4

Pitts

Coca-Cola

29%

Jun

:

100

Clopay Corp

Jan

Apr 13
53% Jan 21

&

Clinton

5

16%

No par

& St Louis Ry

Climax

27% May 19

May 11

70% Nov

5% Jan

16%

com

Corp

/Special

■112Mar 16

Jun

3

16%

*7%

No par

preferred

Cleve

19% May 8
37% Mar 15

24%

15

•

'

*

17

15%
26%

'

preferred

non-cum

5%

107% Apr 27

10,800

14%

7

Illuminating com—No par
$4.50 preferred
No par,
Cleve Graph Bronze Co common—-1.

4

19%

19%

"83%
r

r

Cleve Elec

4

18%

14%

28

Oil

Equipment

C

5%
•

19

19%

common

preferred

Clark

Apr. 12

80% May 16
47 % May
3

■

26% May 12

Dec

6

145
-1

17

28%

3

Dec

12%

P vtc

City Investing Co common
5 % % preferred
City Products Corp—
City Stores Co

14

Jan

X13%

Cotton

Co

4%

Mar 15

61%

133

Co cl A„_25

.EXCHANGE

C I T Financial

May. 12

19% Mar
f

12

Mar 30

.

34

16

43%

Oct

93

'

Mar 11

Apr

8% Jan

,

•'

31% Jan .13

18%

100

Cincinnati Milling

-

18%

•

15

"27

No par

Cincinnati Gas

4

18%

I per share

Chrysler

32% May 17
68% Mar 22

3

82

145
€7

4

24

Jan

!

!

109% Mar

4

Jan

58

18%

36%

t
»

/ 7%

34%
"103%
8%

par

__50

Chile Copper,Co

".71% May 8
34% Feb 24

18'%

18%

.

5%%

17

Jan 16

100

18%

28

preferred vtc

'

•

134%

12

18%

No par

com

STOCKS
'

1341/2

13

27%

preferred

Childs

'

4

26

Sep

•25.

Jan
„

Sep

34

13

68% Dec

Apr

Sep

63% Apr

28

Jun

6%

RR Co

Class B—

Chickasha

24

6% May 15

3

Apr

26%

42%

18% Feb

1

106%

134

10%

'

44%

X20

'

4

Jun

35

f

$ per share

»

share

106%

134

36%
106

■

20%

No par

NEW YORK

Lowest

Highest

$ per share

106%

134%

36%

1

preferred series A
Chicago Yellow Cab

Range Since Jan. 1
Highest

•

106%

•'. 134%

10

No par

29,100

106%

134%

35%

18%

5

36%

36%

106%

134%

"?%

-

,200

20,700

♦

106

36%

14%
;.

170

41%

105'A

135

10%

9.50

1

•'

40%

105%

*17"%

112%

No par

149

5,400

106%

10 %

"9%

*147

300

3,900

*35%

36%

"12%

/

40'

21,800
,

*16%

'

21%

112%

149

39'A

21%

50

43%

*104'A

%
"10"

-

42%

149

;

100

36

9%

'39'A

7

■>

41 >

9%

105'A

9%

20

21'A

*39%

9'A
43%

43

17%

40

,

152 '

•20%

39%

9'A

-

38%

67/B

Conv

19

»'

20%'

39%
'

*104%

9'/s

$3 convertible preference—No par
Chic Rock Is As Pac RR C0_j.N0
par

Range for Previous

•1.

•

105%'

40

20'A

;

43%

17%

Chicago Pneumat Tool

88 % Mar 17

43 %

6%

Corp com__5

Chicago & North West

46% Feb • 3

>

*150

38%

*104

v'

9'A

9%

preferred

5%

37%

;

•

20%
39 VB

9

6%

A

A

1,400

9%

Cab

Series

39%

7

56% May 17
4

13

jJan

1

,

39

9%

Co

&

38%

6%

.

100

West

Milw St Paul

38

9

class A

Ind & Louisv Ry

Chic

2,000

37%

6%

31% May 18

;

79

3

34% May 19

17 ;

39% Jan

■

15% Feb 20

!

56%

5%
Chic

32%

35%

17%

17%

*

Chicago Corp (The)
1
Chicago Great West Ry Co com—50

4

18% Mar

19% Jan

Jan

32%

9%

preferred

Class

32%

6%

Products

Chic & East 111

o

32%

20y8

:>

44
'152

152

(38%

18%

Mfg
1.25
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common—25
3%%
convertible preferred—_100

5

Apr
30% Jan

32%

109

135

18%

Champion Paper & Fib com—No
$4.50

*108'%

9%.

Chain Belt Co

Checker

109%

106%

,17'%

1

Sugar

Pasco

5,400

*108%

*104%
35%

18%

Copper Corp

de

5,900

109%

5

Mills

Certain-teed

11

15

Jun

10

Jan

South

11%
193/8

par

Cerro

Mayl7

Feb

Feb

9%

Violeta

ll'A
19'A

*

39%

1

v

q

;

Shares

11%
19%

37

i

20 %

,•

43%

i

.

q

.

105'% 105%

••

50

&

,37%

11%

19'A

tfo

Century Ribbon

7

,37%

154

*16%
:

the Week

32%

•

36

20

;

*152

19%

.

*39.' I 39%'

;>

r,

43%; 43%

)

:

No par
" ;9n

preferred—

Central

20
:i

135

Co

Sales for

May 19
S per share

'

8%

>35%
107 V

; ,

32'/a

36

8%

■>134%

B

Central

9% Jan

5%

17

4%%

19%.

105%

;\i -

-.32%

,

'in'A

19%

108'%

;V.-'39"J >•* 39 v-,'.

vr:'

35%
"106%

preferred series B vtc

.'/•Class

*35

•

19%

108 %

11%
109'A

11%

19'%

Co—2S

Sugar

Friday

May 18

t per share

;.i

32%

32%

.

43%;,;"

L

*105

9

154

37%

,

.i

Ry Co vtc

1

4% Feb

7%

Ga

Central RR Co of N J

4

104% Apr 22
9% Jan 10

7% Mar 29

12%

-4%

30

Jan

5%

Aguirre

43%

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

27

May
Dec

12

5%

2

31

17

77

of

40

4

27

Foundry

Central

Thursday
t per share

.

11%
r

109

—100

—No par

—;

Central

18% Apr 29

v:

v-100
pair

•'

19%
•

154;-

v

10

_

PRICES

Wednesday
May 17

»

35%

109

•

*

39%,-

9

25

common

109

19%,
,■■•38'%

.*

1
100

preferred

Central

21% Jan

13

5% Aug
17% July

5%

9

16% Mar

Corp—

preferred—

19% May 17
8% Jan
3

3

Jan

1st

>

10

2nd

6

Feb

35%

4.20%

28

11% Apr
14% Jan

3

5Apr

16%

!

113

32%

preferred
Celotexr Corp common

18

38% Feb

12

21%

Jun

22% July
18% Jun

.

•

Apr 25
14% Jan 13

'

$4.75

>-7%

•

23% May 17
10% Mar 29

12

36%

Nov

Dec

Preferred

May

7 %

f

32%

common

Apr

11 %
•

3

Co

19%

(,*34%

Celanese Corp of Amer Com„No

10»

Jan

I)

11%

19%

*108%

series_.A^_5j0t

General

Caterpillar Tractor

»

Mar 14

21

.'May 10

4

'

140
'

&

11%

No par

common.

Sper share

19%

•

Ry__—100

,

May 16

11%

19%

5

SALE

Tuesday

t per share

S per share "

ii.%":

l

_

Co

preferred 4%

(J

-'.v

Mfg CO——:±—lQ-

7%. preferred—

9 "

17% Anr

T

Conv

Case

36% May 17 f107% Jan 25 \

"13%

Corp

Carriers

1

41% May 19
106

(Philip)

Carrier

24 I

48% Jan

156.

Apr 26

5

Light

Carey

9% May 11

'

104 Vb Jan

Inc
&

18

130 % Jan

Airlines

&

«<

29% Mar 21
:

Capital

Power

.

27

Dec

97
X114

18

HIGH

Monday
.May 15

\
"

•i

'i;Pht

39% May 19 ,
21% May 19 '
39% May 18

3

32 y8 Jan

Dec

'*

Clinch

6

*Jan

Saturday
May 13

Carolina

i

13

xl04y8 Jan

Dec

23% Apr

Jan

LOW AND

STOCK

Carolina

3

38% Jan

share

Feb

YORK

EXCHANGE

34% Mar 16

11

x7% Mar 13

37% Dec

100% Aug

12

13

36

NEW

20% May
1
109% May.17

16%-Mar 30 ,-f

Jun

146v

Jan

30 % Jan

6

Jan

$ per

4

31% Jan

102
;

30 v;.
131

;

',

•

35% Jan

Jun

i

13

19% May

108~

V

Highest

t per share

!

Oct

Range Since Jan. ,1

Lowest •*'

.

$ per share

jun

100

.

'

5% Feb

'

„

Highest

15

5
10

.

*18%
11%

9%.
15%

25'A

25

25%

115%

*115

115%

*115

1153/4

*115

1153/4

*115

1153/4

115

115

*107%

108%

♦107%

108%

*107%

108%

*1073/4

108%

1073/4

1073/4.

11%

11%

11%

10

12

12

*10

10
46

Ve

46%

46%

47%

19

18%

18%

18%

11%

*11%

11 'A

11%

9%

9%
16

■■

10

9%

9%

/

11%

12

10

*9%

10%

10

10

473/a

47%

47%

473/a

47%

7,900

18%

18%

18%

18%

18%

1,000

11%
9%
% 15%

11%

11%
10

9%

16

15%

11%

11%
/,

153/4

34'A
113%

112'A

112

112%

112

112%

1121/4

! 12 %

109

1083A

109

1083A

109

109

109

34%

44%

44%
105%

343/8

34%

45

34%

45'A

*105%

16

16%

16 '/a

16%

96%

96%

97

97

36

36%

36

103%

♦103

103%

*103

106

36%

3/8
.

103%

10

10

10

10

10

57%

56%

57%

58'Ar>

58'A

45%

XI04'A

34%

■k

45%

45%
105

34%

*104%

106

11%

1,800

9%

9%

2,300

15%

23.900

34%

34%

453A

600

15%

10

16%

16

5,000

47%

15%

15%

40
20

12%

18%

;

109

-

105%

*57

113A

12

10

18%
11%

105%

*9"%

,11%

10%

10%
45

16%' 16%
*96%
98
36%
36%
*103

25%

25%

108%

34%
34%
112% 112%
*108% 109
*45
45%
*104%

25%

34%;

1113A
•:

1091/8

46

*105

106

500

4,100
110

,

163A

16%

15%

16%

15%

153/4

98%

*97%

98%

971/8

98%.

37

103%
9%
58%

37%
103 %

;

37%

*103%

37%
104

37%
104

38%
104

11,500
250

47

97%.

s

■

112

1083/4

4,900
.

480

12,900
400

10

10

10

10%

10%

5,000

58%

58 3A

58%

58

60%

4,600

,

16

The Commercial and Financial Chronicle

(2108)

NEW

Lowest

Highest

f per

$ per share

5% Jun

NEW

Range Staee Jan. 1

Ifear 1949

J-per share

t per

share

6% Jan

69% May 18

Continental Motors

May 13

May 16

Continental Oil of Delaware

5

f per

share

7

share

S per

7%

7%

7%

7'/a

47% Feb

65%

Oct

55% Jan

*67%

67%

66%

67%

liy4 Jun

15%

Jan

13% Jan

3

19% Apr 21

Continental Steel Corp

it

*18%

19

18%

18%

19% Jun

24%

Deo

22

9

26% Mar 14,

22%

22%

54%
14

14%

14

14%

14%

14%

14%

54

Jun

12%

Jun

19% Jan

49

Dec

7

Jun

Jan

11

55% Mar 13'

12

Feb

9

12

Jan

17

14% May

3

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

14% Jan

55% May

51% July

3

17% Feb

4

Copperweld Steel Co common

49% Jan

11

May

48

52

Feb

Apr

18

•

11%

Deo

10% Jan

3

„

49% Mar

.

58%

Deo

57% Jan

3

28% Jan

13

20

Apr

30%

Deo

94

Jan

102%

Dee

100

102

Sep

57

Deo

73%

Jan

189

171% Jan

1

Apr

Sep

5%

Dec

4% Jan 28

1%

2%

Oct

2

Jun

21% Jun

32% Jan

'

Jun

96

2% Feb

6
25

80% Jan 31

25% Mar 30

Deo

104

6% Mar

0

Jan

6

72% Jan
3
187% Apr 13

182% Jan 31

3% Mar

50

Corning Glass Works common
3%% preferred

May

101% Apr 19
102% Mar 21

Apr 18

66

series

Dubllier Electric Corp
Exchange E«nk & Tr Co

Cornell

42

100% Feb 21

92% Jan

Convertible Dref 5%

17% Apr 22
67'/a Mar 6

;

5

22%
*

54%

*48

7%

7%

I per

7%

23

29%

Feb

Deo

Jan

13% Oct

19%

36% Jan

42% Apr

67 %

68

69 %

68'A

69

1R%

19%

19%

19%

19%

19%

19

19%

4,300

22%

223/4

227/b

23%

23%

235/8

23%

235/s

3,800

55%

*54%

55%

*54%

55 %

54%

55

14

54 %

67%

*14

14%

x

-

14%

48%

14%

14%

14%

14%

2,100

15%

15%

15

151/8

5,600

48%

*48

48%

*48

48%

48%

*48

143/4

15

14%

15

14 3/4

15

14%

15

145/s

63%

63

63%

62%

63 %

62%

623/4

623A

63

470

5

39%

39%

39%

393/4

39%

40

39%

40 %

393/4

40

39%

40

4,200

100

*100%

101'%

*100%

101%

100%

100%

100%

100%

100%

101

*1003/4

101%

pfd 3%% series of 1947—100

*102

103

*102

103

102

102

103

101

102

Corn Products Refining common—25

68

Cum

/; 7%

preferred

67%
*184%

185%

•102

67%

68%

*184%

185%

68%

67%

68%

4

Cream of*Wheat Corp

94

Mar

105

Deo

102% Jan 11

90

May

99%

Deo

14

Nov

24

Jan

49

NOV

21

July

72% Jan
31
Apr
16% Deo

12% Feb
160

160

5% Jun
-

Jun

27%

273/4

27%

27%

27%

27%

27%

27'A

27%

102%

102%

102%

102%

102%

1023/4

*102%

104%

12%

12"%

12%

12%

12%

12%

12%

123/4

12%

123/4

12 3A

*28%

28%

*28%

28%

*28%

283/4

283/4

283/4

28%

28%

28%

185

185%

54

Mar 31

18

Apr 18

;

7% Jan:

4%

5

4%

5

5

5

4%

5

4%

5

1,500

2%

2%

2%

2%

2%

2%

2%

2%

2%

2%

1,300

27®A

28%

12,700

*102%

1023/4

600

123/4

4,100

28%

500

14%

9,700

27%
*102

'

Feb 14
9% Jan: 31

175

3

non-cum

pfd

preferred
Cudahy Packing Co common
4%% preferred-

Jan

S

Cunningham Drug Stores Inc
2.50
Curtis Publishing common
No par
1
$7 preferred—l
i
No par
Prior preferred
I
.No par

v

Mar 31

Jun

15% Mar

13 % Jan

Jan

96%' Nov

96

49

i'

20% Jan

>
;

9% Apr 27

24% Feb

3

10

Jan 20

.138

Feb 21

125

.

7
55% Jan 28

3 *

7% Jan:

8

.134% Mar

26% May

22% Feb 17

1

Curtis-Wright

14%

14%

36%

36%

36%

36%

34%

34%

34%

34%

35%

104%

1043/4

105

104%

104%

104%

104%

106

105

105

105%

1053/4

20 %

20%

20%

20%

203/4

21%

58%

58%

59%

59%

59%

60%

60%

61

•

22%

*160

1

21%

'•

180

8%

8%

*67%

*160

*106

70"%

17 3/8

17%

107%

*106%

14%

36

34%
104

2,000

35%

X36
:

9,400

104

'

106%

109

17%

8%

*67%

v

v

•

20%

-

61

*20

<

17%

270

106%

100

;

;

68%

123/4

V- 12%

12%

r

12%

23%

23%

23%

..

233/8

23%

»

« 23%

*67%

*

70%

•

i

2,800

8%

23%

;

70

17%
180

•

83/b
70%

100

12%

12%

70

2,300

*68%

8% ■■■; 8%

68 %'

123/4

3,900

21:

*160 ,r

12%

*67% > 70

62

173/b

,

180

I

21

*20'A

173/b

*160

83/4

>

203/4
60 3/4

r.

21

17%

180

8%

21%

61

20

20

-

*160/

180

8%

8%

•

17%

*1C0

180

83/b

20%

20

21%

17%

17%

17

5

*12% ' 13

:

-

-

•

*23

6%
6%
133% 133%
*49%
49%
9%
*23%
*130 /

No par

123/4

-

23%

*23

1

pfd

105

'

20%

100

Class A—
Cushman's Sons Inc 7%
Cutler-Hammer Inc

105

.

*21%

:-V

1

common

14%

123/4

1,100

23%

400

3,800

•

5

6% Mar 30

14%

37%

34

■

10
100

25% Jan

,122% Jan 14

14

36%

34

*19%

100

I

14%

37%

*104

100

7%

14%

36%

33%

104%

Cuban-American Sugar common—10

21% Apr 25

,

•

19%

3

Cuba RR 6%

14

38
33%

14

No par

Cuneo Press Inc

Oct

.

Mar

71

.

$4.20 preferred
$4 2nd preferred

13% Jan 19

Sep

18% Jun
Mar

9

.

14%

*37 %
33%

No par
Corp common—5

11% Apr: 20

52%'Not
i
9% Apr
24% 'Jan
137* Jan
26% Jan

133

19% Jan

67% Jan. 14

.

May 19
Jan
6

25

,

14

•

Dec

7

62

4

Feb

8% Oct
145%

Jun

43% Jun

>

i

Jan

25%: Deo

!

V 4% Feb
109

21% May 17

13%'Feb

Feb

16

106% May 19

3

175

2.50

preferred

170

5

2%

5

No par
Crucible Steel of Amer com_Nopar
.5% convertible preferred
100

3

16% Jan.

'15% Jan

(The)

Crown Cork & Seal common
$2

185%

*102%

Crown Zellerbach

99% Jan

•

>

73

10% Nov

3
10

Jan

185 %

185%

2

preferred

35% May 19
105% May 5

j

May
;8% Mar

May

60

-

17% Jan
40

6,200

1

Crane Co common

Creameries of America

13% May 12

160

67%

*2%

185

310

1013A

671/4

*184%

186

3,400

*1003/4

100

——

i4%

67%

67%

1
1
29

Coty Inc
Coty International Corp
,3%%

68%

100

5

May 19
27% Jan 13

■

*62%

11

36

x

200

14%
15%

15%

Jan

Deo

55%

14

15

15

*48

*55

8,900

62%

Jan

30

18,900

7'A

15%

14

Jun

Shares

7%

73'g

62%

105

20

the Week

1

a

30% Mar

•

-

67

*

14% Not

8% Jan

May 19

S per share

share

7%

68%

Sales for

Friday

-

May 18

share

22%

*48

49

Thursday

May J 7
S per

share

20

Corn

12% May 16
28% May 9

101% Mar

Wednesday

Tuesday

May 15

t per

1

68% May 12

3
25

Monday

r

Par

SALE PRICES

AND HIGH

Saturday

thare

Monday, May 22, 1950

RECORD
LOW

STOCK

YORK

EXCHANGE

Highest

Jan

8%

STOCK

STOCKS

Range for Previous
Lowest

YORK

..

.

49%

9%

;

9%

23%

23%
*130

135

25

6%

6% """6%
132%

25

49%

50

9%

*

9

50

6%

50

50

23%

23

23%
135

25

;

8%

|:

23%

*130

r

>

23%

"

6%

6%

;

12,100

132

50

23%
*130

130

;

2,000

9%

9

-

•

25%

;

49%

9%

"135

25%

*23%
*130%

.

-

.

*

25%

.

<

6%

*130%" 132 •
49%
493/4

i

*9%

*130;/

24%

i

-v.; 6% •'

,

131%

.

9

134%

24%

25

6%
131

9%

*130

135'

J /

133
*

23%

233/4
•

<

24%

6'/.

*131%

132%

:

34,200

23%

1,600

134%

;

7 25%

26

3,900

19%

'

7,000

D
9
87

Dec

14%

11% July

Jan

13

19% May 11

13

99

May 2
19% May 10

13% Jan 30

3

17% Feb

Corp common
3%% preferred series A

*16%

17% May

15% Jan

Mar

22%

21% Jan 23

25

6

Davison Chemical Corp

29% Jan

34% Mar 17

Dayton Power & Light

31

26% Jan

Deo
May

4

May

hi

May 11

17

May 18

Jan

°«%

A <19

97

Jan.11

102% Mar 21

92% Jan

100%

Deo

97% Jan 34

7% Jun

12 4/e

Nov

11% Jan

101% Apr
5
16% May 19

9%

Jan

92

4% May

29

Jan

43%

Jun

17

Oct

30% Jun

8% Jan 27
Jan

Jan

10

5

30% May

3

38% Jan

4

22

49

35% Mar 24

3*%

;

Mar

31

3

9

Mar 23

36% May 17

series B

7%

23% Feb

14

17

31

11

34% Jun

53%

Deo

46

.12% Dec

14%

Dec

23%

Sep

Jun

58

Jan

57% Feb 27

,12

Jan

9%

4% Jun

Jan

24% Mar

Jun

Apr 27

Apr 20
21% Jan 13

53

Jan

NOT

xl2% Jan

Nov

20% Jan

Jan

35% Mar

8

Sep

40

37%

'

Feb

2

May 16
9

13% Jan

13

31%

.

8

23 % Jan

6

22%

' May 19

68

14

21 % Mar 13

13%

11% Jun
16% Jun

151/4 May 19
24

8

6% Feb

Jan

11

23

Mar 15

39% Mayl9

8%

8 3/b

8%

8 %

*28%

283/4

283/4

29%

29%

293/4

29%

46

463/4

46 %

47

46%

46%

46%

47

Delaware Power & Light Co—13.50
Denver & Rio Grande West RR
ctfs for

22

22

22

22%

22%

22%

22%

23

27%

27%

283/8

273/4

28%

28%

283/4

28%

29%

—100

*46%

46%

47»/2

48

47%

48%

46%

*46%

14

14%

*14

23%

Detroit Hillsdale & S W RR Co„100

*58

7%

7%
22%

23

23

5

*12%

12%

12%

13

12%

12%

13

13

12%

12%

12%

13

1,300

2

*22%

22%

29%

223/b

29%

22%

22%

223/a

22%

22%

223/e

22%

3,000

No par

38 %

38%

38%

38%

38%

383/4

38%

39%

39%

39%

39%

39%

2,700

25

*42%

43

43

43

43

43

433A

2

13%

13%

14%

14%

14%

15

15

50c

7%
19%

7%

7%

73/4

7%

20%

19%

20%

Devoe

&

Raynolds
Match

Diamond

class A

common

6%

participating preferred

Distill Corp-Seagrams Ltd

2

6

Douglas Aircraft
Dow Chemical Co common

110% Mar 30
155% May 17

86%

Jan

81

20%

Oct

19% Jan 27

21% May

•14% Oct

11% Mar 27

14% Jan

Mar

7

19% Jan
'83% Jan

v

5
30

9
12

Pepper Co

$3.25 2nd preferred

20

29

Jan 13

19

Dec

16

Apr 19

96

Deo

93% Apr : 9
12% Jan 29

10% Feb

Jan

14% Deo
101

94% Oct

May
8% Deo

Jun

45%

Deo

17%

33% Apr
12% Feb

Deo

32% Mar

36% O0I

1% Jun
34% Jun

51

2%

Jan
Jan

96
Jan 13
X8% Jan 12

42% Feb 24
16
Jan 13

35% Jan

«

1% Jan

3

1

35

19% Jan
98

7

Mar 10

Xl5% Apr
102
10

12
May 2

50

52% Apr 26

8% Jun
12% Jun

13% Not

14% Jan

18% not
35% Deo

Jan 13

,r

155

173/4

17%

154%
.

r

"110

17%

81

83

83

*82

84

*82

83

22

21

21

*20%

21%

*20%

213/4

12%

12%

12%

12%

12%

f;:' 12%

121/2

76%

76%

125%

125%

126

104%

104%

104%

1st pfd—_100
•

*10%

10%

10 %

10

17%

173/4

17%

17%

1

15%

15%

15%

15%

15% / 15%

*153/b

15%

*15%

10

5
10

6%

preferred
Eaton Manufacturing Co

100
2

Edison Bros Stores Inc common

73%

74

74

15%

15%

46%

114

15%

,

46%

47

*186

188

>185
33

333A

33 %

75

*99%

\

(The)

Boat common

3

14"%
101

14%
>100

45,200

773/4

77%

126 «/4

*125%

1043/4

104%

105

114

114

=

*114
'

,

17%

17%

15%

15%

15%

15%

120

153/8

15%

153/b

15

153/8

10%

*17%

16

16 %

47

16%

46%

188

*185

33%

16%

47%

333/b

16%

15

16%

*93%
14%

*100

101%

83/4

*8%

45 %

181/4

18%

18%

*100

8%

44%

183/4

83A
45

X18%

*10%

103/b

17%

16

33

14%
101%

*100

95

333A

2,700

101 %

*100

IOI1/2

1,600

14%

14%

8%

*8%

83A

45%

45

453/b

45%

46%

18%

>

5,100

16%

16

14%

18%

l85/«

18%

183A

8%

8%

188

33

16

95

14%

,

*93%

33%

16

*93%

95

2,100

17,300

47%

46 5A

*185

,700

14,700
1,200

16

153A

16
188

1,100

17%

17%

46 3A

46%
*185

188

33

16%
95

14%

101%

700

1,000

10%

103A

153/4

10%

*93%

14%

200

«

II41/2

/

126%

15%

45%

8%

79%

x76%

15%

45

8%
45
18%

3,600

16

33%

95

14%

12%

15%

46%

16%

*93%

100

preferred

*16%

95

123/8

12%

>

*125%
/ 104%

114%

60

213/4

173/4 <

*185

333/4

16%

*93%

V?

83

*205/8

10%

15%

155/B

20,700

*81

21

15%

47

2,000

82

.

*20%

17%

188

*16

l

*114

114'%

18 Va

18 3A

12 3/b

773/4
*

155%

17"%

10%

IO1/4

2.50

common

*114

114%

100

4%% preferred

75

<

100

111

1543/4

18

18%

>84

*109%

155%

155%

155%

2,100

6,800
5,100
'

Convertible

preferred

Electric Storage Battery

Elliott
5

Co

*36%

37%
2%

2%

2%

38%

38%

38%

15
10

common

% % convertible preferred

5%

37%

No par

No par

10%

2%

2%

39%

39

37% '

*371/4

2%

2%

40%

10%

10%

10%

10%

103/4

22%

22%

223/4

22%

233/8

60

60

60%

60%

*56%

*51%

52 %

26 %

26%

*56%

*51%

52%

*51%

52%

-*51%

52%

3

26%

26%

26%

26%

26 %

26%

■

10%

500

2%
393A

37,200
3,000

37%

2%
40

22%

61

62

37%

2%

39%

37%
'

393/4

10%

22 %

*56'A

50

preference

37%

2%
39%

50

El Paso Natural Gas

37%

2%
40

22%

10%

22

37%

37

10%

11

1,700

22%

10%
223/4

24

13,700

65

*62

51%

513/4

*51%

26%

26%

26%

22

200

67

-

120

52

21%

263/4
21%

7,500
32,500

20%

20%

21%

21%

«

215/s

22%

34%

34 %

343/4

33%

34%

•

33%

34%

335/8

34%

34 Va

34%

25,700

19%

193/4

19%

19%

20

19%

20%

193/4

20

19%

19%

3,100

30

0

33% Jan

5

Endicott Johnson

25

31%

31%

31 %

31%

31%

31%

313/s

103% Apr

13

55

Jan

13

Jan

60

Jan

9

5% Deo

5

Feb

Mar 14

8% Feb 14

9% Feb 18
38 ••'




17%

110

111

1541/2

20%
33%

68

For iiioHw

*110
...

*19%

61% Jan

Dec

1533/4

5

10% Jan 13

5% Apr

6

17%

17%

*83

111

10

14% Jan

11%

28% Jan

152%

Empire District Electric Co_

6% Jan 13

Jun

17%

*110

Emerson Radio & Phonograph—

Deo

6% Jun

154%

22% May 17

7

10% Jan

111

*152%

125%

Eastern Corp common
:
Eastern Stainless Steel Corp
Eastman Kodak Co common

4,400

3,600

14,200

39% Apr 21
20%,Mar 17

3

4% Jun

3

100

71

17% Jan 11

xl6% Jan

100% Jan 10

;

111

*110
•

143/4
795/8

*

21%

Deo

July
3% Feb
6% Jun

*1093A

50c

14%

79%
70

141/2

21

105

55

71

143/b

2,600

Emerson

X29% Jun
100% Jan
9% Jun
48% Jun

79%

70%

i

120
600

11%
34

79

Elgin National Watch Co

25% Apr 24
13% Feb 19

29

23% Aug

11%.,
33%

141/2

104%

4%%

34

70%

104%

Ekco Products Co

12

34%

*115/8

80%

126

13

51% Oct
May
14% Deo

42% Jan

341/4

14%

Elec & Mus Ind Amer shares

7

113/4

33%

*104V4

3% Apr 18
42% Jan 11

23

Xll%

331%

*125%

Electric

Feb

113/4

331/8

125%

20% Apr 27
38% Feb
8

Jan

*11%

70%

*8%>

75

11%
33%

80

45
18%

28% Feb 23

11%

32%

143/4

1

59% Apr 27

55%

70%

5

Not

*541/2

80 3%

Elastic Stop Nut Co

13% Mai

543A

■

14%

Electric Auto-Lite

75

1,300

54%

1

56

69%

5

28% not

Jun

46%

80

9

10% Jun

400

45 3A

14%

Jan

17% Jun
48

46J/4

14%

46'%

*55

14%

46 %

69%

46% Jan

35% Apr 19
10% May 15
21% May 11

56

14%

*453/4

80

Eastern Airlines Inc

32%
;

*55

*14.;

14%

Eagle-Plcher Co

Apr 10
May 3

55%

Shares

14%

14%

104%
114%

17

190

55

14%

125 %

16% Apr 24
18 Ye Apr 19
49% Apr 10

•

46

*104
*114%

19% Jan 10

45% Jan 27

46

69

5

14% Jan 13

172% Jan

*14

46%

tper share

$ per share

tper share

14%

*46

No par

13% Feb
f
10
Jan 13

Oct

the Week

No par

15% Mar 30

13% Jan

Sales for

May 19

Preferred $3.50 series

Deo

48% Nor

Friday

May 18

Preferred $4.50 series

11% Jan 10

202

'?

share

Thursday

79%

No par

12,800

May J 7

';

14%

—No par

203/g

20

20%

79%

Common

1

Feb 24

19%

12

12%

10

May

20%

69%

No par
(E I) & Co—

16% Mar

21% Jun
14% Apr

.6

Feb

2,300

32%

32%

*20%

Duquesne Light 5%
DWG Cigar Corp

16%

Jan

Jan

116

*

4,300

8

55

*11%

1

20% Mar

Jun

7% Jun
38% Jun

88

105

101% Jan 31
113% Jan
4

Apr 22
May, 19

15

7%

14%

common

12% Jan

7% July

164

79% May 19
127 %

9

143/4

8

*79%
69%

3%% convertible preferred

Du Pont de Nem

60% Jan 13
122% Jan

'43%

14%

7%

No par
15

DunhlU International

Duplan Corp

433/4

1434

7%

No par

$4 preferred series A
Dresser Industries

14%

200

•43%

15%

46

*54

No par
5

S per

f per share

2,600

Wednesday

May 16

14%

17,200

19%

Tuesday

45%

7%

73/8

7%

20

May 15

*14

7%

AND HIGH SALE PRICES

Monday

$ per share

1

No par
No par

Class A

17% Jan

193/4

7%

7%

Saturday

.

Par

71

15% Jun

*423/4

8

May 13

Divco Corp
Dixie Cup Co common

82% Apr 13

13

43

7%

*

LOW

STOCK

14 Va Mar 31

Feb 20

62

*58

62

*58

22%

54% Jan

16% MarlO

62

*58

23

69% Jan 13

9% Jun

62

22%

18% Sep
72% Oct

Jan

*58

223/4

57%

115%

62

22%

43

Jun

15,300

7%

Dr.

112

13,100

24

22%

Doehler-Jarvis Corp
Dome Mines Ltd

102% Aug

15%

233/4

7%

4

97% Jan

143/4

23%

47%

22%

9

Oct

14%

23%

7%

Jan

63% Not

14%

233%

22 %

13

124%

14%

23%

7%

36% Jan

?

14%

22%

3

Feb

46%

14%
23 3%

a

1

9

43% Jun

*58

2,200

463/4

14%

: 23%

14%

1

10% Jan

119

62

463/4
233/B

Detroit-Michigan Stove Co

32% Mar

8% Jun

23%

8,800

11,800

Detroit Steel Corp
De Vilbiss Co

14% Mar

119% Jan 13

7,900

22

23

38% Deo

108

3,400

9%

27%

8

Jun

Dec

1,500

35%

9%

21%

t per share

May

36%

35%

9 S/8

27%

EXCHANGE

24 %

36

35%

9%

9 3/4

22

(The)

NEW YORK

108% Sep

10,200

*27%

20

Range Sfnee Jan. 1
Highest

123%

8,600
3,100

<

*21%

Edison

Lowest

May 18

83A

100

common

Escrow ctfs for preferred

Derby Oil Co
Detroit

9%

STOCKS

13

8%

8 3/4

36%

July

Dee

83/4

35

Escrow

70

120

30

46%

36 Va

48% Feb

,

8%
28%

46%

35

10

*

83/b
28 %

36%

25

~

8%

47

9%

'

Apr
101% Apr
101
Apr
16% Deo
78
8ep
11% Mar

99

15%

34%

Deo

12% Jan

*98%

15%

3,500

99

98%

15%

*97

36%

18%

3

8,000

*97

98%

16

93%

Range for Previous

50% Jan

16%

99

99

15%

34%

12% Jun

45% Jun

98%

*97

16%

28%

Diana Stores Corp

4
56% Mar 24

x98%

99
100

8%

Diamond T Motor Car Co__

15% Jan 11

122,400

36

5

46% May

12,900

hi

9%

1

4

32%

ft

34%

9

I per share

24%

323/e

11

36

9% Jan

12% Jan

23%

32%

ft

36

44% Mar

35% Jan 21

23%

32%

ft

34%.

15% May

share

i ■: 99

99

23%

32%

9%

3

Highest

23%

32

36

7% Apr 22
17% Jan 13

Year 1949

23%
32

ft

34%

11% Mar 31

Jan

153/4

16

16

23%
32

%

9%

40% Jan

$ per

99%

16

99%

100

34%

Feb

17

99%

98

99

15%

17%

35%

Deo

38% no?
53% Not

*98%

*98

*98%

*17%

9%

NOT

Feb

31%
32

17%

34 %

9%

9%

23%

32

%

17%

35%

13%

t per share

23%

313/4

ft

17%

46%

& Western

45%

24% Feb

23%

32

800

*17%

28%

Hudson

Sep

Lowest

7

60

18%

l

9% Jun

;

173/4

18%

50o

6% Jun

22"% Apr 22

*17%

17%

50

Lack

IS

17%

99

*98%

99

*17%

18

20

&

Delaware

21% Jan

*17%

19

19 3/«

19

*98%
3/b

.,

100

Delaware

26% Apr

19%
99

18

100

preferred

6

17

Deo

19%
99

18%

No par

Co common

36

Deo

19%
98%

18 3/B

100

Deep Rock Oil Corp
Deere

10% Jan

30%

19%
98%

183/8

50c

Decca Records Inc

3

22%

15

series A

3.75%

3

Jun

50

3.75%

Preferred

8% Jan

Jun

20

Preferred

29% Jan

19

19

98%

18%

*17 %

—1

Dayton Rubber Co

Jan

19

18%
98%

18%

%

97#

Mar

(The)
common

19

19 •
*98%

Rights

40% Jan

26
Jun
5% Jun

1

18%
17%

32

2.50
20

99

23% * 23%

100

Davega Stores Corp common
5% convertible preferred

Jan

15

,

Dana

Apr 24
3% Apr
9

7% May 15
13% May 19
57% Feb
65

May

2

5

Electric

Mfg Co

4

Corp common

4%

preferred
Equitable Office Bldg
Erie RR common—

5% preferred series A
Erie & Pittsburgh RR Co

100
1
No par

100
50

6% May 5
12% May 10
12"% May 8

Eureka

Eversharp Inc

1

44

Ex-Cell-O Corp

3

May 21

4% Jan 10

Williams

Corp

Evans Products Co

Exchange Buffet Corp—

5
5

2.50

*31
31%
*102% 104

*31

31%

*31

102%

102%

102%

102%

7%

7%

7%

7%

12%

12%

12%

12%

123/4

7%
12%

*55%
*65 •
6%
11%
12%
*39%
*3%

57
65 %

56

56

58

58

63

65

*62

7%

3%

•

*101

102-

103

7%

73/4

7%

7%

12%

13%

123/4

131/8

*56%

57

*61

65

i

57

57

.

*101%

300
60

103

7%

7%

4,400

12% £ 13%

20,200

57

57

*62

65

900
'

65

•

/

*61

6%

6%

6%

6%

6%

63/a

6%

113/4

6%
11%
12%
40%

t

102

-

11%

113/4

11%

11%

12%

11%

65 >
•

6%
12

6%"i

12%
.

12%

12%

12%

12%

123/4

12 y8

*-12%

12%

39%

39%

39

39%

39%

39

39%

39%

39 V*

*3%

33/4

3%

3%

*3%

3%

*3%

3%

20

3,800

12%

11%

6%

3,900

12%

9,500

39 %

1,900

.3%3%

100

-

Volume 171

Number 4909

..

.

The Commercial and Financial Chronicle

(2109)

Range for Previous

STOCKS
;

Year 1949

Lowest

I per share

Range Since Jan. 1
Lowest

Highest

$ per share

t per share

NEW

Highest

YORK

J

STOCK

EXCHANGE,

$ per share

Saturday

•

Par

LOW AND HIGH SALS PRICES

,

'

e

••{

.

Monday

May 13

-

I per share

Tuesday

Wednesday
May 17

Thursday

May 16
t per share

$ per share

t per share

May 15

I per share

Friday

M-y 18

for

Sales

iV.ay jD
t per

the Week

share

Shares

3,400

F
34

Jun

19

Feb

19 %

Oct

41%

Jan

37% Mar 10

45% Mar 27

Fairbanks Morse & Co

25%

Oct

23% Jan

3

Fajardo Sugar Co

Dec

18

26
Apr
22% Jan

8

23%

7

Falstaff Brewing

3

17 y. Feb

3

18% May 10
40% Mar
4

12% Aug

15%

Oct

17% Apr
14% Jan

11 y8 Mar

15%

Dec

15% Jan

32

Jun

38%

Jan

35% Mar 11

14%

Jun

18%

Nov

17% Mar

3%

Jun

24%

Feb

36

95% Mar

104

4

23

Jan

4% Feb

14

33% Jan

13

38% May 19

103

Sep

Jan

105

3

*42%

43%

20

*24%

25

May 17

17 Va

17 Va

17%

17%

40 V2

*40

40 Va

*40%

40%

18%

19 %

*19 Va

19 V*

19%

19%

5%

1,900

5%

6%

5%

6'/a

5%

5%

5V«

5%

5%

4,000

38%
104J/a

38%

6,500

104%

104%

4,530

Dec

52% Jan

13

98%

Jan

Dec

28

103% Feb

Jan

18%

Dec

8

62% Apr 14
108
May 9

17

104%

18% May
13% Jan

12

76 V» Apr

27

20

106

Jan

2

12

3

15

May

15%

Oct

13

Apr

5

15% Jan

9%

Sep

24%

Jan

11% Jan

3

17 %. May

8"%

Feb

14%

Dec

14% Jan

3

19% Feb

20%
78

Apr

29%

Jan

24% Mar 30

20

Feb

75

Mar

25

Jan

11% Jan

Apr

9% Apr

9 Va May
39% May

5% Jan

Apr

3

Oct

9%

Jan

Oct

41%

Jan
Dec

17

19

31%

31%

•105 V*

105%

*105'/4

105%

25%

25%

25 Va

18%

18%

18%

18%.

18%

18%

18%

25%
18%

21%

21%

21%

105 Va

21%

21 Va

21%'

21%

21%

21%

*14 %

14%

14%

14%

14%

14 Va

14%

14%

*14%

15%

15%

15%

15%

15%

15%

15%

13

15%

16

15%

16%

4,700

1

13

13

18

18

18

18%

18

18 Va

17%

18

17%

18

4,500

27%

27%

27%

28

27%

28

28

28%

28%

9,900

91%

91 Va

*91

92 Va

91%

92%

98%

*97

98

97

97

36 Va

36

36 %

36%

36%

Corp

15

•

3

6% Apr 18
30% Apr 29

1

5%

Jun

105

9%

Feb

15

Dec

6

Jun

10

Jan

11

107% Mar

13

53 Va Mar

3

12

105% Mar

8

79%

Apr 22

12

Jan

31

Apr 26

165

Feb

L2

18% Apr

10

6% Mar 29

9% Jan

9

Jan

Jan

63% Mar 31

75

24%

Jun

31

Jan

26

17

Jun

20

Apr

14% Apr

129

Jun

139%

Apr

Jun

Mar 24

114

Jan

4

138% Jan

42%

Dec

41 Va Jan

13

39%

Jan

48 Ve

Dec

47% Jan

13

Jan

100%

Dec

99 Va Apr

6

X6%

Jun

13 Va

Jan

8% Jan

4

44%

Jun

56%

Dec

123%

Jan

128%

Apr

112

f per share

; 72%

Jun

123% Jan
Jan

Feb
Jun

11% July

6

19% Jan
:

34% Feb 17

16%. Mar

Jun
Jan
Jun

16% dan

124%

■ -

19% Jan.

4

121% Jan.

Dec

€

7% Nov

.

Jun

6% Mar 21

24% Jan

;

Mar

34

122

Jen

30 Va

.

18%

Jun

Apr
Jun

21% Jan

27%

July
Sep

Dec

73

5% Jun

4
<

Jun
Jun

22

Jan

25

Jan

37%

80%

72% July

*106%

107 «/a

*106%

107%

33% Jan
90

Jan

13
4

Oct

Jan

80

Jun

17

Apr 27
24% Jan
3

„

Dec

Dec
Jan

19...

.

Sep
Deo

106

Jun
Jun

8%

30%

Jan

Jun

,

20% Mar

43% Jan

103% Jan

28%

Apr
Dec

Jan

18

100

Mar

?11

Jun

16% Apr

32

Jan

36%

Oct

2

11%

Jun

14%

Sep

12

33 Va

Jun

43%

Jan

X37

16%

Jan

19%

Oct

67

33% Mar

13% Feb

Jun

14% Mar

9%

Oct

12

10

93%

Jan

100

July

31

20%

Jun
Jan

95

Apr

7% July

101

Dec

Jun

14

54%

Dec

Jpn

71%

Jan

6% Jan.

Jan

Jun

18% Jan
-

.

22% Dec

footnotes

set

page




3
4

21

■

-

Jan

3

116 Va

49%

49%

51

49%

49%

49%

51%

51 Va

51%

*100%

100%

101%

101%.

117 /

118

50%

51

11%

54%

54%

54%

54%

54%

54%

100

*127%

128

127%

127%

127%

127%

110%

111

110%

110%

STOCKS

127 Va

LOW AND HIGH 8ALB

*

STOCK

■VW'Satafday

*

EXCHANGE

Monday

May 1.3

preferred

1

5

50%

36,700

51%

4,300

101%

200

11 Va

11 Va

5,500

54%

54%

1,500

127%

*127

127%

80

110%

•110

*110

110%

200

PRICES

Wednesday

-

•

127 Va

110%

270

>.

Frioaj

Sales for

May 19.

the Week

Thursday
Ma y

May 17/

18

■

•

9 per share

f per share

1

$ per share

■

t ner share

f ner share

n

Shares

86%

'78,600

"

80 Va

;

127%

127%
105 Va

81

>■

83

127

80%,

*105 Va

127

83

85%

86%

85%

127 Va

127 ;

127 %

105%

*127

105%

85 -T

:

105%.

85%

85 Va

•126%

126%

105 Va

1

•

126%

105%

127 Va

105 V4

105%

1,000

"

•20%

,

16%
•>

■

V

15%,

>

..

.

105 VA

21

20%

21

35%

35%,

35%

35%:

16

16

15%

" 3%'.

15%

3%

v

16%

20%

•124%

7Va

7 Va

23%.

23%

v

31%'

31%

v,

23%
:

•

31%

16 Va

>'.-,•

-

3%

29%

35Va

36%

15% >16
i

3%

.

17Va

21%

'

29Vat

2T

,

•mVa

'

24%
■>

:

*

>■

'

29%

>.

26%

25%
32%

-1,600:

V.V
*'■

7%

123%

24,500

32%

123 Va

23,900

•"

21%

/

• '

'

29 */a

29%

4,600

11,200

•

126%

" 't

32 */a

123 Va

14,500

:■

3%
17%

124%
7%

1,300

15%

,

21%

'•'. '

7%

123 Va

J

17%,

>25%

32 Va.

f

36%

3%

:•

126 Va

7%

124 :

123%

29%

21;

•

,

24%

: 32%:-32%

'

,

<

7%

,

24%'

<'

32%

•:

126%

7%*,

21

15%

..:

-

3%
17%

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21

7

<

35 Ve

20%

3%

21%
•124%

>

■

7«/a

124

29%

20%

17%,: '17%

T

-

123%

124

29 V2

29%

,

V

.

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31%

35%

16
'

126%
:

23%

24

31%
123 Va

^124<v>124:,)V-S:<c;

>

35%

21%

>

20%

;

17%.

20V4

7

;.7

X20%

3%3%
17

126%

♦124%

;.6%

•

3%
17 Va

20

-20%,

•124%-126%
■V

•-W 29%

105%

21

.

17

20%

'

21

*105%

35% 1

35%

—100

:

Tuesday• «
May 16
V

May 15

f per share

A Utilities—
__10c
Refractories
i
No par

85 convertible preference—No par

*110

2,000

117%

51%

11%

54%

►110

100

15

*101

101%

54%
•

150

26%

49%

51

101%

•54%

128

68%

1'16%

101%

preferred—100

YORK

118

49%

50%
51 Va

50%
*101

No par

29%

;

>''>-6,600
3,100
1,310

f

■y-

30

4,800

"

"

*271/4

•27% *-27%

28%

•>♦101%

♦101 Va

104%,

* 27%

27%-

*83V2

84 '/a

>

*83

77

,

*74

'

Va

27% t 27%

27% .>27%
*101%'104 Va

104 %

27

'

27

84%

*101%

-

28:: ^"28

'

26 Va

84%

^

>

*

1

i

28%

''1,100

84»/a

104%

26'%

'

101 '/a

#26Va

83'%

26 Va

*83Va

28

'

*101 Va' 104 */a

27%

*83%

1

-V

104'/a

x26%:

•

27% : 27%
83%
83 Va

'83%

3,300
'

60

'

'P-

*74

V.

13%.
r

39%
*95%

•'>

:.•-•
"

No par
_2.50

Brewing Co
Gold A Stock Telegraph Co

15%

19

13%; m.'
39%,97

84 V2
-

30%'

♦74

^ 13%

»74

77

13%

13%

39%

39%

"

13%:

13%

39%;

40

96%

15%
82 >/a

40

97

96%

96 Va

15%

15%

15%

83 Va

*82%

84 Va

82%

19%

,19%

■ .19%

30%

30%

*82%
19

19

30%

.

-

,,

i l9%

30 V4

30%

;

•

;•<;
*

;

,♦74

78

f

13Va '13%

'•!.

96 Va

15%'-

39%
15 V«

".•74

78

*96%'

,

-

■

77

13%

•

.i-v?

15%'

*82'/2

Goodyear Tlra A Rub com—No par

10

28

103

?

96Va

14 Va

15 Va

82%
n,?20t

20-

:2o

30'/a
56

*

56 Va

10

15%

8,800

83%

1,100

19%

1

30 */a

57 '

-

96'4

14Va-r

•>'

39%

96 Va

'

•

30%

10%

30

395/a

'

82%

V

.13%

83 Va

,

:>• *96%

78

13%

'

,

40

39 Va

.-:

>

10 Va'

20%

6,800
6,200
•

f'-f

;»

19%

500

28

22

Mar

151% Apr
Jan

.17

100

Jan

103

.

7

15%

3,600

30 i

8,100"

88 Va

*102Va

103 Va

*102%

103%

51%

52%

106%

106 Va

102 Va

>

102 Va

"

51%
*106%

51 Va

51%

^

108

106 Va

52 Va :,;,r

106%

52

*106%

108

*13%
;

13%

1%

2«/a

*8%

.

13 Va

V

8%

.

*13%

,13%

2

2

8%

8%

8%

8% '■

*33%

39%

39 %

27%

100

*100%

101

*101 Va

1

14 V.

Grayson-Robinson Stores

com-.

preferred—.

15 Va
89

200

.

9%

4,600

111

52

88'%

52%

7,000

90 Va

8,700
900

103 VA

51%

108

•106 Va

"15%

15%
103

*102%' 103%

T

•33

Sugar com
preferred

40

*35%

52%

5,400-

.

200

I 107%

*106

1

,13%
2

2%

8%:

34 Va

*33%

8%
34 Va

39%

39%

39%

;

14'/a
36

14

*35%

27%

27%
100 Va

100%

14

13%

13%

36

*35%

27% '

27%

101

•

"2

8'/a

8%

;

<>

28

28

r

101

100 Va

100 Va

ij-.a
*34 Va

,

!

28

*34%

35

14

13%

r

13%

13 Va

13%

13 Va

13%

13%

13%

38%

38%

38 Va

38%

38 Va

38%

38%

38%

19 V8

19%

♦149
-

150

*67

70

19 V4

148%
*67

19 Va
149
70

19%

19%

19%

148%

149'/a

•148%

f

35

240

'

>

1,700
120

*

13 Va

19%

13%

2,700

37 "/a

37%

37%

17,400

19%

19%

6,400

147%

147%

19%

20

147'/a

19%
149

*67

70

*67

13%
*37

149

*67

70

200

5,200
2,000

101%

1.1%

13 %

T

a

39%'

27%

•'

;'.j

4,000

34%

39

*34

8%

:

39

?■

500v

26,9003

+

'.

"

34

.

i

V

13%
2

34 f

35%

35

36

13%

'

2Va

38%;

27%

•100%; 101
13%
13%

t

2

8%

:

•

:

13 Va

13%

13%

f

'

No par
100
100

•

"

'

_No par

70

♦67

40

40

40

300

40%

70

"

*40

♦16'/a

40%

40

40%

40%

40%

16%

16

16 Va

*16%

16%

16%

16%

16%. 16%

16%

17

10 Va.

10

10 Va

10 Va

10

10%

10

10

2.900

10 Va

40% ~ 40%

1,500

(The)—
3

10

10

'

lOVa

43,300
'

preferred
Aircraft Corp.

100
1

•96

97%

25 Va

26%,

1

"9%

9 V2

$5 convertible preferred
_No par
St Ohio RR com-No par

*103%

Sugar common

Gulf Mobile

preferred

1

Gulf Oil Corp
Gulf States Utilities Co
,

r

t

v:

2%

13%

7 33%

Guantanamo

70% May 11

•

•

2

33%

$5

^

-

51%

39%

Grumman

19

x9%

♦108%

15%

89

40

4%*

'•57%

*56

111

88

16%

88%

34

Common

28

*107%

r

16

87%

28

Corp

111

15%;

88

;

Greenfield Tap A Die Corp—No par

11

•107%

15%

*27%

conv

111

15 Va-

5

7%

7

13

*107%

10

"

;——-10

Great Western

30

Mar 23:

-•24% Jan

103%;

/

No par

$2.25

10

87Va

-

•

1

Green Bay St Western RR
Green (H L) Co Inc

26

a to

17% Apr
.57

♦102%

Ot Northern Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par

10

May 19

11% Jan

<The)_i

Granite City Steel

:

*56%

:

15

87%

5

3%V preferred
V

13% May 17
44 % Jan

9%

10

109

57

Grant (W T) Co common

.

28

Apr

♦107%

109

14%

-——No par
1

Granby Consol MSA PUnion Co

10

*56

57 Va

'

Graham-Paige Motors

•-> Grand

*56

87

"''i

No pat

;

Gotham Hosiery
*

Apr r 3

17% Feb
37-

.

85 preferred

57%
10

*107%

10

(B F) common—No par
85 preferred
No par

-

10

.100

Goodrich Co

"

•56

1

Goodall-Sanford Inc

"

59% Jen 39

116%

8,800

1

15

11%

?! Goebel

9% May 13

3

14%

II6V2

1,300

8

26%

15*4

50

16%

68%

27

11%

84.50 preferred^
1
Gleaner Harvester Corp

28% Apr 29

Jan

68 Va

*26%

,15 Va

11%

;

9

3

12% Jan
,

*67%

.27%

15 Va

Va,

11%

Ohnbel Brothers common

11

13

51% Jan

100

68'/a

*26%

119%

118

110%

7Va

15 Va

11%

common

convertible

Grevhound

Feb

*67 Va

27

*16%

7%

15 Va

11%

——

29% Apr 14

17

Apr 19
Apr 17

68 Va

*26

11%

'General Realty

;

*66%

200

2,800

160

15%

100 3%

v'sy 15%,
'<
* 3%'

v-

67'/a

*159

16%

7%'

11%

General Public Utilities Corp
.5
Gen Railway Signal com-.—No par

9

8

27 Va

15%

51%

16%

17

7%

67

49%

51%
•100

Taf

6%

16%

7%

1

preferred

:

•

•26

:il9 %

49%

No par

-ft

37% Feb

3

4

*118

Gen Precision Equip Corp.—No par
General Pubtie Service
-——10c

23

40% May 12

,

.

45% Mar

•10

Corp com

7%

27%
15%

V

21"

18

5

-

100

17 Va

17

•:

67%
/

15%

Gen Outdoor Advertising:
No par
General Portland Cement Co_
1

20

Apr

71

July

*26

General Motors Corp common..
10
$5 preferred
s.
:
_No par
Preferred $3.75 series-:
No par

*3

2% Feb >18

3

38% May
13
Jan

67%

50

com—No par

:

■

Mar

6

Dec

11%

Jan

Jan

65

.

3

Feb'.. 2

137% Jan

Nov

43%

Dec

.

108

May 18

18% Apr

144% Mar

133% July

Jan

100

preferred

'

12

33% Jan

13% May H
12

7%

1,700

10%

10 Va

160

200

:f

104

•lin%

10 Ve

*159

200

49

49

49%

10

10 Va
160

*159

29

*23%

104

*101%

104

10 Va

160

29 %

49 Va

49 Va

49%
*101%

10 Va

160

17 Va

7%

Instrument Corp

NEW

54% Apr

4

Mar 10

17%

7%

No par

10

4

26

2nd

General Mills

•90Vb May 19

3

24% Jan

-

17%

7%

No par

V

104% Jan

1

29

t

~

112% Jan

3

Dec

Mar

97

12

,

13

7% Jan

*16%

49%
104

lOVa

lbU

5

107

48%

►101%

10 Va

*159

No par

com

106 Va

49%

10

160

*

107 %

10A

28 Va

29

29

-

13

l%Jan

■

Dec

101

Apr

conv

10%

*159

*
;
24% Jan 11
.-31% May :3; ; oildden Co (The) common ___No par
58 % May
9 i
4%% convertible preferred
50

3

11% Mar

Jan

28% Jan

23

Corp

Corp

1st preferred

General

84% Mar 15

13% Mar 24

Sep

3%

Bronze

*28%

104

*10

No par

May

16% Jan-

101% Jan 20

16% Mar

1% May
6% Feb

Jan

69% Jan

Aug
45% Jan

Jun

54

.

104

Jun

.

-107% Feb 24

72%

Jun

'

9% Mar 29

116

Jun

A

10

10%

Jan

(r

13% Apr; 19

;

55

48

preierred

49%

.

i

29 «/a

107 %

V General Tire St Rubber Co com
28% May 1
5
86 ,-i Apr ' 6 j
4%.% preferred
—
—100
72% Feb 14
3%*' preferred
100
15 "< May. 3-. > Georgia-Pac Plywood St Lumb Co—1
40% May-10. ■
Gillette 8afety Razor com-;
No par

7

29%

106%

29%

104

-

8% Jan: 25

Dec

28 Va Aug
25% Dec

Dec

17% Jun
July

Jan

68
3

$1<; Jan
•17%; Jan

■

77% Jan 23

:

12%. Feb

/

29 Va

700

48%
104

* General Shoe Corp
:
I
4. 4 Gen Steel Castings $6 pfd
No par
30% May 11
General Telephone CorpL—
20
V General Time'Corp common—No par
28% May 19
102
j Jan
l2 >5 4%% preferred
100

3

Mar

: Jan

'

6,900

►106%

<

10

19% Jan

;£,

.v

34

5%

5%

493%

26% MayT9:fi General
128

3

6

107 %

$3.50 preferred

7% May 16.

2

101
•

77%. Apr.
*

126% Feb
e

5%

6

*106 V2

General Foods

24% Feb-17

.

28% Jan 13

102% Jan

15%

May

112% Jan

31:; Hot.

99%

■i

22% Mar-10

:

Dec

99% July
22% Jan

17% Apr
18% Feb

5%

5,000

General Electric Co

."4% Mar 23

3'

20% Jan-

Feb

'

3% Feb 10

Nor

Jan

6 Va

12,200

<$ per share

38

12% Mat 28.
:

3% Dec
17

*

*

5%

19%

45S>

-127% Mar 7
105% May 9
23% Apr 11

3

6V8

500

20%

5

102% Jan

15,600

19%

Range Since Jan. 1
Highest

19% Sep
38% Dec

21%

20 %

Lowest

87% May

21

19%

3Vs%

3

21

20%

5%

13

20%

19 Va

8

68%. Jan

2uva

20%

3

xl25% Jaa-

19 Va

19%

115

Nov

lOVa

20%

129% Mar

127% Sep
104% Dec

ly/a

\

19

108

>

18%

20 Va

Dec

$ per share

18%

19%

Jun

f per share

.•

18%

20 Va

8

Highest

18 Va

19

57 Ya Mar

Year 1949

18%

19%

Range for Previous
Lowest

18%

19

4%

21

Mar

18%

19%

6

18%

20%

51% Apr 20
126
Jan 13

Apr 17

18

*17%

18%

20

13% Apr

300

38

*17%

18 Va

19%

General Cigar Co Inc
1% preferred

6

Jan

*37%

18

17%

18%

General Cable

50 Va May 17-

51% Apr
103

1,800

38

18

20 %

General

9

93%

3,300

8%

8%

8%

900

48,900

18%

*0

11

May

*8%

8%
9%

18%

8%
9

ib%

20%

9

18% Jan

8Va

*28%

9

30% Jan

17

170

13%

38

38%

80%

50
1.66%

7

1.3%

,

•38

80

9 Va

8%
18

8%

8%

38 Va

5,000

Investors com__l

General American

7

45% Jan

'

400

24%

$4.50 preferred
100
General Amer Transportation
5
$4.25 preferred series A
No par
General Baking Co common
5

11

103 % Jan

Jan

Apr

4%% convertible preferred
Gaylord Container Corp

6

..

15%

24%

80;.

8ys

9 Va

15%

25

-

♦79

18

1,700

15%

24%

8'/a

8 Va

•17%

8%

8%

*15

80

x87/a

8%
18

19 Va

Gar Wood Industries Inc com

*79

8Va

8%
18

19%

20 Va Jan

156

8%

9%

*8

8%
18

19%

20% May 12

Jan

*8%

8%

8 Va
18

2

3

163%

8Va

8%

18%

Garrett

3

Oct

8%

8%

50

(The)

12

80 Va

21% May 19

Jan

10

80 Va

3

May

Dec

82

18 Va

18

25

*80 Va

18 Va

18 %

24%

82

19

24% Mar 13

15%

25

*18%

Feb

11

15%

25

No par

Jan

2,300

*15

Gardner-Denver Co

Dec

1,606

9%

25%

5

common

convertible preferred
Co
(The)

Corp

11%
67%

15%

*7%

*11%

P%

15%

*17%

11%

67%

x24%

1

*11%

9%

25%

1

12

360

25

67'/a

15%

20

common

*24%

9%

9%

19% Mar 16

32%

Jun

1

25

67'/=

67

*80%

*24%

9%

9'/?
66%

100

25

100

7,900

67%
15%

9%
66 Va

25%

27%

9%

9%
66%

*15

.

67 Va

11%

9%
66%

1

400

67

11%

1

6%

35%

*24%

lo

*38

19%

Jan

11%

*97

25

*17%

4% Jan

48% Nov

11%

*24%

8%

Feb

107

12%

25

17%

15% Jan

106

*24%

93

38 Va

23%

Sep

12

15

:

*91

8%

Dec

8,600

21%

*14%

17%

3

21%

1,900

10

38'/a

xl7% Jan

9,100

No par

preferred

5%

18%

18 %

21%

25

(Robert)

18%

'16%

common.

(The)

26

7%

*24%

preferred
Gamble-Skogmo Inc

10

26

No par

Co_

18

Jun

Jan

31

31%

39

Apr

July

Corp

40

31%

104%

25

31

*38

Jan

Fer

30%

104%

24%

25

9

13%

Jan

31%

"104%

24%

No par

Gatr Co Inc

4

15%

16%

30%

105%

24%

prior preferred

Gabriel Co

25

Jun

56%

30%

6104%

24%

*17%

20 Ve Apr

Jun

9%

30%
105 %

*24%

34%

4*

28

3%

41

30%

*104%

No par

10

6%

Jun

92.

14,200

*107

No par

Gamewell

Jan

16%

Jun

5

1,700

Froedtert Grain St Malting Co Inc_i

9% May 19

34 Va Mar 10

17%

15%

900

13%

Fruehauf Trailer Co common

17

6

7%

Feb

62%

71%

13%

*34%

25

21 Va

)

71%

13 Va

Free port Sulphur Co

3

25% May in
Y 82

7

13

'93%

71 Va

13 V*

lo

6%

10

19 Va Feb

16

31 ya

16%

x71%

13 Va

Francisco Sugar Co
Franklin Stores Corp

9

67% May 10

3

I8-V4 Jan

<16%

72%

13%

No par

Foster-Wheeler

16

12yeMay

3

10

71

13 Va

3

Feb

08%

107%

72%

13%

30

2

34

*106%

72%

13 Va

9% Jan

Dec

14%

107%

72%

13%

"106%

Dec

78%

52%

106%

72%

13%

35%

7% Ja n

100

106%

106%

72%

35 Va

23%

x95%

106%

5,900

*13%

34%

Jun

5%

4,500

34%

17% May
6% Apr

21

60%

Jan

36% May 17

3

Jun

59%

24

25

Oct

.....

59%

Jan

13

12%

59%

29

May

79%

59%

103

Dec

Dec

24

59%

*71%

59%
108

98

9% Feb

67

59'/a

2,000

59 Va

96 Va

57% Jan

64

59%

,

*106%

97

7%

20%

3,500

59%

104

25

92

18%

24

59%

97

15 Ve

May

58%

*91

Jun

4%

58%

98

Jun

120

58%

28

Dec

15%

53 V4

91

Nov

2%

57%

98

17%

11%

58

91

Jun

22%

57%

28

60

113

57%

10

Jan

X97

21%

100

4%

51%

21%

100

4%

97

21%

preferred

14%

34

21%

33%

Sep

65%

21%

convertible preferred

10% May

152

20%

3%%

Jan

Feb

9Va

20%

3%%

Jun

99

20%

10

8

41%

12

24

12% Aug

103%

12

96 Va Feb

25%

10%

57%

104

12 Va

99 Va Apr

Nov

15

20 Va

38%

104 Va

12

4

8%

6

20%

58

33 Va

38%

12 VA

7

Jun

67

20%

38'/a
105

11%

96

21%

.,16%

20%
*57 VA

38%

y8

12

87% Apr

Feb

11%

18

*11%

Oct

92% Nov

19 %

x38

30% Jan

11%

600

No par

Follansbee Steel Corp
Food Fair Stores Inc__
Food Machinery St Chem

2

104%

11%

No par

common

Florsheim Shoe class A

10

38

104%

11%

96%

May
July

89

(The)

Florida Power Corp
Florida Power & Light

27

38

37%
104

11%

6

No par

(The) Carpet Co

$4 preferred

22% Mar 23

38%
104 %

.

17%

100

com

Florence Stove Co

20% Mar 17

20%.Feb

38%

10

preferred

Flintkote Co

4

18% Jan

Rubber

&

6

*104

5

First National Stores
Firth

1

27% Feb

23% May 11

4% %

-

3

14 % Jan

33% May

7

Firestone Tire

17%

1

56

17

5,900

903

17%

43

Jan

3,200

40

Fidelity Phoenix Fire Ins N Y

29 % Mar

16%

18%

83% Feb

12% Apr

16%

17%

21

67

2,700

I6V2

39%

55% Apr

Jan

16%

18 Va

Dec

Jan

16%

17%

17%

81%

Dec

16%

24%

17%

39%

Felt St Tarrant Mfg Co
Ferro Enamel Corp

17%

16%

43%

24%

17%

18%

13% Jan

31%

16%

43

25

17%

21% May 17

69

16%

43%

40

3

Jan

17%

*18%

10% Mar 31

11% July
Jun

*24%

17%

*16 %

*39%

17% Jan

53

16%

18%

Jan

21%

43 V*

25 -/a

17 Va

18

Dec

15

43%

25 Va

17%

39%.

17%

Feb

43

25

17 Va

18-/a

20%

105

43%

25

17%

17%

Jun

107% Mar

43%

25 %

39%

Nov

105

16

43%

17%:.

1

63% July

'

1

43%
*24%

,

17%

va

5

12%

July
May

17

2

10%

«

1

Federal Motor Truck
No par
Federated Dept Stores common
5
*Va% preferred
100

19% May 19
6V4 May
6

Dec

6%

No par

Corp..
Family Finance Corp common
Fedders-Quigan Corp
Federal Mining St Smelting Co
Federal-Mogul Corp

24
71

.

16%

105

16%

No par

•55 %

25

68%

68%

No par

21%

21%

56

96

96

26%

26%

26%

26%

9%

9%

9%

9 Va

9 Va

♦103%

105

'

•103%

96

105

;

*103%

16%

16%

16%

17 '/a

*55%

56 Va

56

56 Va

68

68 Va

68 Va

68 V*

X67%

21%

22

X21%

21 Va

21%

.

96 *'

26%

96

97%

26%

*96

26%

* 26%

9%

9 Va

9%

-

105

•103%

96%

96

105

*
-

.

26%

9 Va

1,030

96'A

26 Va

9%

*103%

'

"

■

8,300

23,700.

105 3

20,606

17
,»

17%

16%

17

16%

17%

*55

: ' 55%

55%

56 Vn

56

56

67 Va

68

68%

68 Va

69%

20,900

21 Va

21%

21%

21V4

21%

13,400

-

1

-

800

17

18

(2110)

The
Commercial and Financial Chronicle

NEW
Range for Previous

AND

LOW

stock

Saturday
May 18

exchange

t per share

S per share

$ per share

new york

Highest

Lowest

Highest

t per share

STOCK .RECORD

stocks

Range 8ince Jan. 1

Year 1949

Lowest

YORK

Monday, May 22,.1950

...

Par

HIGH

SALE

PRICES

Monday

I per share

Tuesday

May 15

May 16

May 17

I per share

S per share

t per share

Wednesday

Thursday

Friday

)'

share,

Sales for

May 19

May 1H

(

I per

the Week

S per share

Shares

h
31

Jan

16%

46% Feb

Dec

26% May 19

Dec

22% Apr
14% Jan

20

14%

Jan

,

32% Mar 21

24%

Jun

12

Dec

4

15% Jan 12
14% Jan 12
80% Feb
8

39%

'

11%

July
Apr

108%

Nov

18% Nov

V-

Jun

72 %

104 %

23 %

Jan

20

Jan

23

Feb

145

Jan

143

142

13%
81

May

20%
4%

149

Jan
Jan

11% Apr 29

Dec

73% May 19

Jan

25%

Apr

Nov
Oct
Dec

64% Jan
9% Feb

Jun

25%

Dec

95%

Dec

13%

Jan

Dec

35
103

Mar 20

Dec

30% May 19

42%

Dec

40% Feb

Dec

49 % Jan

Feb

131

Sep

26% Mar

45

Dec

53%

Dec-

Nov

52%

77

11%

Jun

Sep

70

11% Mar

Dec

20

29%

22%

,

24% Mar
34%. Jan
' Apr

,

109

101%

Dec

101% Jan

13%

Jun

Dec

Dec

Feb

35%
41%

Nov

86%

Jan

42%

5

Jun

44%

Jun

,

.

9

34

50

19% Apr

44% Jan

9

11%

Dec 4

35% Apr 17
7% May 11

17%

Dec

12% Jan

47%

Jan

35% Mar

9

14%

Oct

13% Mar

1

Feb

V

11%

1% May
10% Jun

2%

Jan

,18%

Dec

/

Jan

8% Jan

11% Mar 13
" Mar 13

42% Feb

2

12

1% Jan

3

4% Apr

13

25% Apr

13

Year 1949
j

t per share

31% Jun

36%

Jan

4

-

Jan
Jun

Jan

34%

Deo

37%

Nov

55%

Nov

10%

Jan

"729%
*

55

Jun

Jan

May
11% Jun
8

I;
'■i

-

■

281/2 Jan

,

18%

Jan

7

b

9% Jan-

>

3
/

»

/

71

Feb

175

Apr

10

38

Jan

26

Jan

41% May 11
15% May 19

12% Mar 30

Dec

101/4 May

2

Apr

18%

Dec

16% Jan

16

86%

Dec

92% Jan

31

1 % Jan

25

12% Jan

13

95%

Jun

2%

9%

Jun

Jan :

13%

Jan

11

■

.

■1*

-

Jan

4

:

Jun

29%

Dec

25% Apr

3

/

164%

Jan

180%

Dec

xl75

Feb

24

Jun

73%

Jan

3%

i

25%

V-V

133

Feb
Jun

Dec

33%

iA

Dec

94

it-i

10

Jan

43

Nov

50

Jan

38"%

Jun

31% Jah

25

Jan

4

:

Jan

14

6%

Dec
Jan

■

7% -Jun
1(4
.July
18% Feb
24
>Jan
24

136%

37%

33% Jan 25

Nov 1

7%

104

Feb

,71

.Feb:

5% Feb

Feb

61

.

130% Feb 24

Dec

103%

14

49 % Jan

55% Feb

29% Jan

108

.57%

Jan

38% May 17
46 % Apr 26
33
Jan 13

34

Jan

,11%

»

Apr:

9% Jan

3

20

Dec*

,"*17% Feb

Aug

34 "

20% Jan
4
293/4 Jan 30

Not-:

•

32

Jan

27% Jan

Feb-

148

136

Mar

8
:

•

54% Feb

V

1

45

C

.5

J

1

:141

Mar

•

Jan

3

317'a

3074

4374

.43%

16%

1674

17

17

17

17

1.0C0

5774

56%

57%

5774

58

5774

58%

8,200

14

X1374
*6974

16%

16%

52%

*51%

52

2074

20%

*20

V

137a

14%

70

70

16%

16%

15%

15%

15%

*14%

15'%

28%

2874

2874

2874

28%

28%

13%

*13%

14

1374

13%

1774

1774;
28%

17%

18

17%

1774

28%

283/8

*28%

2874

44%

4474

44 7%

39%

39%

.38%

/

28%

44'%
39 "v

■

V 39

A

20

16%!

.

..

-

500

A

:

.

1.600

,

14%

13%
70

•'

13,100

70

.

160

13%

•-

1374

15,900

1674

:•

1674

1,000

14%

14%;

28%

28%

28%

28%

3,000

13%

.

13%

13%

13%

500

17%

1774

2,200

*131/2

*

14%'!

300

'

44%

,

52'%

20

70

16%

*151/4

52%

13%

10

3,400

53%

14%

r

13%

,

*13%

v

;

70

1374

130

4574

*53%

% '
20%

14

V

X1374

1,500

12574

>

45

5374

17

*167%

*125

♦

46%

*53

*51%

1374

30 '/a

4374

39%

44%

-,

17%

18

*28%

40

-■

•

28%'

28%

600

4474

44'/2

1.8C0

39%

39

/" 28V2

45

/ 44%

•v.

.

39%

3974

4,400

131%

131%

131%

131%

131%

131%

103%

*103%

104'%

*104'%

IO514

*104'%

IO51.4

30

13'%

13%

127%

13%

13

31%

13%

13%

1374

*31%

3174

6,900

31%

31%

31'%

31'%

31%

3174

31 %

31%

1,700

36

3674

97

97

50

50 1

*31 %

50,

*36

*56

19

361/2

36%

36%

9674

97

9774

49%

49%

4974

50

56%

57

56 7%

57

18%

"

18%

*18%

19

$
37'%.

8%;

37%

*13

13%
38%

*38.%

15%

15%

1574

11%

3%

:=

11%
•

3%

23%

11%

^

•I.

*53

—T

•

No par

53 A

A'/ 53%

83a "

8

'

"

8-a

32%,; 32%
7% 7:17%
543/4

67%

V 178

'173

15%

*7

"

2%

vf-;

137 A

874

8%
3274 "

*774

61% 162%

*43

52'4

5.100

6774

68

2,200

*173

;

178

*173

/

20%

z

% i

4 */4

15% '■>1574

itVo

1574

%,/:

29'/a

29%

176%
1274

1274

3674
87%

36

,36%

87:

*861/2

v

35'%

36%

3574

3574/

37%

,*86%

:

874
28%

4474

136%

4474

*107

'.Intertype Corp..

*38

pat

22%

__No par

45%

—50c

'137

.

*6i

227,

3874
.

,

|

13%

/!•;•-7 %"

4474,
10774

'"

39

,

30

y 397,

;
a;

-

•

'.30
139

*137../

-.

38 74

48'%

v

*3574

36%

13%
20%

22% V

4

-7,

7'%

49

540

87

9,600
8,500

-

,:;A

600

30

874

17,100-

23

60,600

136'%

120

4574
103 V;

34.300
300-

,

:

■■'•

'2

'774/

774;

1,200

61;

62'4

59%

5914

300

39%

3874.

391,4

2.400

48%

4874

4374

3674'

*35 3 4

370

1,300'

37

1374

14%

14

2074

2074

20'%

20%

..; 22'%

'22'%

2274

23

40 3 4

41%

1,800

2974

297%

2,100/

*137»%

139'%

10

6%

10,300

.

•

-40 :»■■■

397,

4574

5974

13 74-

r

*

7%

6274

22%

22 %

136'4
i'l

108

5974

:

20%:

.

4574
108

3874

*3574
,

,

8'%

X2774

62

60

36%

14

y

62

v

.20%

.22% ^

/
•

53,100"
"

'

774";

62

-*59

:

,

59%

v

20'/a

3874

30
1.29%
*137:// 139

29%
139

62
v

*3374

20%

39

-29 7a

—ll'

7%

48%

22 V2

"*86%

874
28 %

136%; 136%
/;

103

*107

'
■

4874

22%

74

',>■>7%:

,

87

8'%''
2774

:

1361/4

4474!

■h

108%
X

48 74

14

2974
17774
12%

8%;

33

10,600
2,500

1274'

2774.

49

1374

29'/a
177

1,800

t

1574

3674

3374

20 74

2974
178%

274

100

232

12%

874

674

3874

*353/4

1574
23174

1,700

1274

2774
2674
*136,
136'%

38%

14%

21

96:% /

2'/a

157a

*177 '

100

21

9674

'

■■;■"

38 7 a

2074,

9,100

1074

231

29%

177%

12% ;

6.7U0

1574

2%

2%.

X230

2974

173 '"'V-

4174

1074

97

,15%

15%
231%

178

A

1574

1074

•9674

230 3/a

231%

41

,

2074 V 2074

c

98

A

38%

371.1

13%

*173

15%

*10%

20%

*97

,

*67%

V,

178

.

*

'

62

49

500

5174

59%

49

/

10,300

:

5274

*61

38% V 387'a.

1,900

C7

774

6774

9674

28%

>

8%
33

67%

20%
:

177

7%

*7'

.

X5V.74

1074

-

8%

32%

7,->

55%

*57%

59

8% I

327/a

7%

*10%

44%/
—

5374

6874

1274

1081/2

*53. A

3274J;

*7

'

*201/2

—

43 74«

3,000

5374

55%

'■

874

*107

420

397%

*53 A

5374

1074

*^5% 136%

!r*:

33%

3974

15

27%

101

*33%

4074 ,41

77

87

.-"A

*99%

1,500

3974

4174

>

10,900

39

1574

•

1,300

4174
92

101

39

15%

/';■

37%;

41

'39%

i

41%

12%

36%

39%-''

36%

*99%

391,4 &

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C'VS'

177'

(8%
R7

A437C

*57%

Shares

92

92

4174

..230

2874

.

^6%

8%;
27 74

■*774 V" .774.

25

coramon.j

preferred—1—

86%/;

108

t per share

s

6774

*101/4

15%
231%

w

232 3/a

12874'7 23%.>ll/*=283/8
176%
.;,/i76%
12'% 7;-^12
35% *
f v35%
35%

43%

Sales foi
the Week

*

7 1,8 "

178

2% ■:

"l' i

/I:' 15

*1071%

2,800

Friday

'

41

20%

*1-36%

900

28,600

"

56

9674

ilNopa'r

4

May 19

37%
' •41%

41

*'■: 15

f

2074

;,

1174
23%

:

*91'%

"

^

~

15'/a

97»/4

8%

200

67%

*173

41%

15

21% ,:::;v;---+2034
&8'/A:;//l:r97%

26%

374

227a

■

V

54%

178

x41%
.

36%

i

1

8J/«

;

X 671%

•

*20 7«

•

1174

*

t per share

i

3274'

33

'P.

^5

*85%V

.18,900

"

874

3274

V

551,

671/4

A

1074

L..;

:Island Creek .Coal'common..
$6 preferred
1

%

*53

*-*«>'/4

Paper Co com—iU7.50

}'.

/«

107's

No par

2,500

16%

>

23 /

m

101 *

:*53A

"53

*10 %

com/—r5
j
!
.1100,
Corp.-—
l'

39 A

1574

Thursday
May 18 *

?

93

3974

4I7a

15

14'/4

387g

'

374

2274'

>

500

:

*13i/8
,•

11%

v

3%

>

37%

*38%

3974

15

2327a

11%

;
^

4174

*99%

•

3874

417a

& •Chem.ic'al

com

101-

'

,

3874

55

*96

1574

374";

*37

39 34

1

cornmop.

Canada

92

*991/2

68

,

13%

11%;

41%

93%

39

87a

*173

101

37%
4174

93%

3972

32%

—20

37

41

'

92%'

38

87a

7>4.
54 A

200

A

39%

t per share y

,

39%

54

*67 '/2

100

40%

*99%

.

*

1,600

874

15%

May 17

39%

32%

,

par

A

13

38%

*8%

13%

2J-/8

39

A

*17%
*37%

8%

39

Wednesday

„

May JC

$ per share

37

40%

101

39%

.5

37. V.
191 %

93

*38

50

S

37 %'

40%

*99%

17%

14%

3%

7,600

37%

8%

1574

2J

100

5374 k 5974

:

17%

39%

.

*11%

,

374

2 J '/4

9

2,900
4,500

iy

37

.1000

.a

',4

59

t"

500

37.A

:

8%

15%

Tuesday

,

-

share

t

407
*91%

.No par

Mex,

-

/

May 15

6 per share

A—10.0

Co

.

39

.

50

low AND high sale prices

Monday

May 13 "

18%:..
37

*13%

11%

374
23

'

,4

.■■■■I,

Saturday

18%
*8%

98

58
•

•

36%

v

49%

36 7%

1574

11%

7'3% '

3%

23%

*97

57%

39
.

36%

97

567a

■■

13

38%

15%

i

ser

13

38%

'15%

22%

A
V

3674
•

X4974 V 50

A 37%
8%
8%

33%

<

36%
97

...

::

37

8%

(8

14%'

*13

131

96%

37% "

-37%
.'>• *7%

m

*130

'

56%

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/.

130

104%

36%

96%
49%

497 a

commoh-lOo

De

•129

2674

%;

96%

12.50

L-:-—-

Silver

1334

125

4574

53%

71

13%

•

*125

46%

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„

14'%

71

13%

126

45

44'%
53'%

.

30%
*431%

..

103%

No par

j

*53

13%

17%

.

*125

126%

43%

53%

31

43%

13

100

Mining

*125

43'/4

71

•

15%

*35%

'

126%

,j43%
*52%

167a

*11%

preferred—^

7%

31 '/a

*43'%

7/12 7 a

„-.25

31% Mar 15

*125
..

30

17

■

International Telep & Teleg—No par
'International Utilities Corp..___5
-ilnterstate Dept Stores——No

3

Apr 14'

57%

104

.

*103%

■.

pfd

preferfed-l

International

16
Apr 21
21% Apr 12

'24

57%

104%

12%

5% .preferred.
J„_t—100
International SaltJ
J—Lno par
International Shoe —_lj—No par
i

66%

57%

14

12%'

/.Int'l Rys of Cent Amer com—No
par

4

36% May

'

43 3/4

1674

12."i

Preferred

*-

31%

*43i/4

16%

176'/a

$4

12

*31%

43%

16%

28%

i_—>__2—H)0

/: International

12

31%

43%

44%

6.66%
—L—_ J1

preferred^

Nickel of

*10374

104V2

4%

Corp

Minerals

Int'l

>31 %

71

38%;

preferred

International

10

530

13%

*16%

Hydro-Eiectric Sys: cla^s ;A—25

4%

59% Apr; 4
467'a Jan 28

:

17

23

Int'

24

May 18

81/4 Apr
64% Apr

.,

7%
Int'l

"

Apr 28
457/4 May 18

r.I

14

Oct

Feb

;1 9% May

3

Feb

I

16

:I 137

1

.46%

Jun

Aug

6

88

25% Mar 31

Feb \

Jan

13% Apr
6
367a May 17

:

84

31%

j

181

104 %

>2874

^...^lao
Rubber..-.—Nopdr
Interlake Iron_.______i__—_No par
Int'l Business Machines.—No
pgr
Int'l Harvester common
.'—No par

-Mar29

104%

*44

Intercontinental

293/4 May 18

i

Oct-

.

;

240

12

Oct.

143

30% Aug

H

May .3

9% Jan

34%

Jun

41

Dec

(

86%

.

4% Nov

1

212'

4%%

>.

*10374

130%

Co

Interchemical

15% May 19

:

Jan

22%

Dec

5

1041%

*103

300

*123%

Cons Copper.i.^
Insuranshares Ctfs Inc.

*

*145%

234

Jan

Steel

600

'

Co—__No par

Co

preferred—

Inland

3674

4,500

*103%

Inspiration

21% May 2 '
x98% Apr 19
>I» 2% May 5

5%

n

.'t:.

'6%

,

36%

29

comhion—100

Industrial Rayon
Ingersoll-Rand common

2

6

36 V2

14

Indianapolis Power & Light—No

May 16

24

Jan

RR

Electrica

\

15%

5

4.70% preferred
Illinois Terminal RR

Industria

*36

*28%

No par

RR stock ctfs series
,A
Illinois Power Co common

19

Apr

12%

Jan

Jan

66

10%

1

9
56

36'%

*13%'

...

conv

lines

v

.♦161/2

.1.1

■

Central

*35%

22

No par

preferred—
Finance common

non-cum

Leased

4

163

Jan

"

6%

33% Mar 27

.

4

42% Mai- 28 ?

Illinois

3

413/a Mar 23
56% Jan
4

•

11

Apr 24

Jan

36%

104

17

13%

';'■/vA-i''',-,' ' ' i'"..
Idaho Power Co—
,
;
20

.100% Apr
3
39
! May 15

13

8

72% Oct
165
Apr
41% Jan

.

30

t

25

Jan

Dec

Jan

98

36 %

*36'/4
103%

43%

*70%

Par

41^4 May 16

■

363/a

36%

2074

exchange/:

.40% Hilar 15
•

•

98 Va-

52'%

t per share

8:

36% Jan

53% Apr

Dec

8%

'53%

155

U,

34
>

f

33% Mar

Y.'

35% Feb
,

31

981/2

20%

stocks
new york stock

.

31

99%

52,%

conv

Highest

•

share

'

!

51%. Jun
'7% Sep
21%

;

34% Jan 25,
90V2 ivlay 12
941/2 Jan 17

Pec
Dec

96

Jun

25%

S per

Dec

36%
100

Jun

20

-A

Lowest

1

Jun

95

Range Since Jin. t

f"

S per share

22% .Feb
73

[

Highest

;

31

*97%

_No par,:

:
Hussman Refrigerator

*

2174

*30'%

98'%

52

non-cum

Range for Previous
Lowest

21%

307a

5

Hupp Corp„,

•;

217/e

21

com —No par.,

Hunt Foods Inc

22

17% Jan

*

2174
3074

98'%

J—5

Hudson Motor Car——

.

2174

10

7%

98%

51%

preferred——i.._100
Hudson Bay Min & Sm Ltd—No par

.

17% Apr 29
12% Apr 14

:

974
774

3074

21

A

974
774

2 11/4

21

V

7.000

7.000

974
7»%

7%

21'%

51%

.1

1,300

*97%

20%

.10

600

6%

72%
974

*30'4

*51%
14

25%

6%

25%

6%
73

98%

50
1

A

31%

126%

5

Hudsop & Manhattan
5%

10

150

*7174

25%

6%

*71'%

774

.

*1451%

21%

44%

l.

25%

73

/.974

150

*145%

21%

31

100

10.600

*30%

•53%

.

227«

*97'/2

*52%

Howard Stores Corp.
Howe Sound Co

17

-

26

-

.

*43%

3%% preferred
100
Houston Light & Powers——No
par
Houston Oil Of Texas v. t c—25

27

Mar 22

Jun

Nov

9

May 16

59% May 19

,t,

Jun

9

Household

15

Oct

8%

,8%

$2.25

10

99% Mar

7

I 4%

33% Jun

10

774

10

*125%

& Sons.;

Houdaille-Hershey

Jan

77s

50

(Charles E)

38% Feb

97%

7%

5

$4.50 2nd pfd series
$4.25 preferred—.

26

46% Jan 13',
38% Jan 12

'"i 16
Oct
; 46%
Jan

Jun

95% Jan

■

9

Jan

14

31 % May 17
>33% Apr 26

99% Dec
48% May

Feb

12%
31%

i

May

104 % Apr

12

11% Mar 25

Nov

Jan

132

Jan 13

10'/a

71/4

22 %

6 1/4

*71%

100

i

,

40% May 10

9%

'22 Va

25'%

-4-. 6'/«

>\

20

22

150

25'%

6%

,

72

60

73'/2
1071%

74

98%

31

Holly Sugar Corp
410
5% conv preferred...—.__i._,.30
Homestake Mining
12.50
Hooker Electrochemical Co com
$

i

7
11

25%

6%
72

...No par

com

Corp

(A)

*25'%

6%
71%

7%

104

56%

Dauch; Paper. Co

Hollander

25%

6%

700

73%
*107%

22%

*145%

11%

1174

600

107%

*73

2174

'

*106%

107%

,

1174

1174

74

500

15,600
:

30%

16%

Holland Furnace Co

.

9

47% Jan

&

*73

*106%

107%

711/4

jr.

■

217/a
v

*43%

preferred series A

Hires Co

29% Mar

,

32% Jan 13.,

116

Hinde

19% Jan

16

13

10

preferred series B—

Hotels

*106%

'

.25

preferred series A

3%%
Hilton

29% May
14% May 10

18

27% Jan

42% Apr

29%

•

)
'

,

Sep

28%

J

t,

14

16% Apr

Jan

30
>

5

16% Apr
16% May

Nov

: 34.% Dec

94% Sep

i

4

28%

Jun

9%

May

50%

*

common

107-%

*34

1174

1174

74

150

*36%

__No par
No par

Hey den Chemical Corp..

;

Jan

14

5

Powder

117 a

*73

*145%

21%

*103%

„

preferred—

preferred

4%%

18% Jan
80

6

Apr

common

Hershey Chocolate
4%%

10 %

-.

W)

Motors.

117 a

75

150

30%

25

11%

/

*25%

10

•*97%

.

_

14%

*1*5%

150

6%
71%

_100

common

1474

22

'

100

Hewitt-Robins Inc

25% Jan

Oct

5%

53% Feb

May 17

Co

non-cum

Hercules

22% Feb

10

(G

7%

8

13% Jan

Dec

15%

Feb

14% Jan

Sep

.Jun

8"%, Jun
16% Jun

56

J)

14%

2178

7% V

•

"i

26%

*14%

22

10
v

25%

147a

21%

71

»

34

25'%

34%
25 34

33%

25%

1434

*11%

25%

*6
'

3474

25%

14'%

*73

t

_15

preferred

Hercules

46% May 17

Jan

15%

100"

30

Dec

15%

,

,

■l'i

40% Jan

(H

Helme

127% Mar 13

84 %

21%

12% Jan

*24

6

*25

—5

preferred

3.65%

3

Jan

13% Feb

*

Heinz

Mar 10

,20% Mar

53
May 12
x51% Apr 21
15% Jan
3

Jan

3%%

58% May 19

12%

' Dec

8% May

6

23

125

Dec

21%

1474 Jun

9

44

7

53

Jan

33% Mar 16

14% Mar 23

51% Nov
*13% Aug

Hazel-Atlas Glass Co
Hecht Co common

5

41

106% Jan

Apr

17% Aug

52

7

10

98 % Apr
,

10

34%

25%

22%

*145%

Marx

34 '2

25'4

14%

1-06%

22-7

100
&

33%

25 3a

14%

v

106%

com—No par

preferred
Schaffner

33%

25%

-

>74

-106%

Corp of America common..—1
4%% preferred
100
Hayes Industries Inc—
.1
Hayes Mfg Corp
2

33% Mar 16

Feb

*

:'r' 74

pfd__No par

Refrac

33%
*14 Va

25%

14%
*11% -11%

_100

Co $4.25

35

25%
*14%

Hat
;

10

8% Jan

32%

Jun

Jan

24'/a Jan

25% Jan

93%

Oct

37%
105

Jan

,

122%

1

10

May 16

6% Jan

Jan

40.

(M A)

6%
Hart

*33%

5
—5

Co

preferred

Harbison-Walk

Mar 31

Cementing

Watch Co com——No par

conv

6

Feb

7% Feb

21% Mar

Jan

98% Jan
23% Jan
34% Jan

•

4%
Hanna

11

Jan

20 %

n

Hamilton
;

25

—

Well

(W F).Printing

3

72

Dec

9%
25

84
-

Oil

Hall

27% Jan 12

5% Jan

68%
10%

Jun

19% Feb

30

Water

Halliburton

'

'Jan

6%
5%

.J

Hackensack
5.

1

61

r

107% Jan

11

23% Jan

Dec

7%

104 V

14

•'

40'%

41.;

29 7 «

.2974

13ft %

137'%

30

*137 A 139 A

■tl''

;
-.

14%

62,600
2,600
-

4,000

W:

•-'.'17

v

:r' i

'Pvt'h.
■"■■'.

.i ■.■'■

2% Jun
11% Jun
•1.: Jan

.

7%

Dec

;

Dec

591/2

Oct

44

Jan

95%

Jan

105%

Dec

30%

Jun

.50%

Dec

29% Jun
102

%
•4

'

Feb

21

Jun

73

Jun

30%

Dec

■K

54%

56 V4 Jan

70% Mar

48

3

107V2 Mar

9

Jah

107% Apr 24
27% Jan J3

Jan

81% Jan

13

40% Mar

24% Apr

18

11

18% May 3
-967/4 May 15

3

451/4 Feb

Jan

.86

*

103% Mar 27

Dec

33%

5

V* 7%.Jan

9234 Jan-25
•<

Dec

109

14

14%Jan

Jan

18%
.94

6% Feb

3

1

jicobs .(f d co_—
Jaeger Machine Co

Jersey-Cent Pwr &

56

-

Feb

Apr

347ii Mar

f

•-•Rig

4%

,

54

*:

54%

*107% 108%
3i;%

\ 9674
% 67

,

3174

%
10574

)474

18%
54

-

6 34

18-1

-

V

67%

-

"

86%

8674

2674,

2674

,

>

97;

49

/4974

31%

87 .X

:

26%

•v

108%
/

2674

68-

-

;•

106

51%
5474

87

-J

27

.

>.

L- 96%-

68'%

63

*>■:

17B4

>

50 7 a"

51%

,V"

51

•54%-

54 3 4

5

54%

32 'a

277a

13

106

120

%

1,000

51%;
56

sr

19,600
%

4,000
130

33%

20,600

88'4

260

27'%

•

108'2

3314

277a

1274?

27%

83%

:*<

900

r-ir

3274

32 34

8774-

-

*108

1734"
96%
68

*10434

*107%' 108%

3274
87

6%

i

*10474/ 106-

50

,3274=

674
18

96 3 4

6774*

68

*107%. 108'/a

34

2V**

6'%
1774
9634*-

;,

:-v54%,

?

32 %

8 7'/4 #• 87

674

*96%',; .97

•*10474

54'/A:

*107%

6%

A: 17743' 1774

X68 A-,,

54i%

;
>,

V
•
f •

105%

V3i%

86%

46%

4,17-%

*10474

4974

108%

3174

*17

■l! *961/4:

X

/ X 54%

*1071/4

*

'

v 674

"26%

;

—

674
vl* 17

^

.12%

Joy Manufacturing Co

I. 1

is6%: 66% •'rVI
ha
ilb434 106^748% : ; 48%

2nd preferred serifes A——100
Jones «St Laughlin Steel com
No par,
'5% preferred series A
—l.IOo

6

674".
18

*96

4%

19

J,

6%

<6%
18 />

.No par

Manvllle Corp
!
;._No par
Johnson & Johnson common

6

337a May 19
90

Lt

'

Johns

109% Mar 20
-

:

'*

pfct_100
Jewel Tea Go'Inc commOn.—No par"
3.3/4%, preferred—'I.
100

51% May 18
:

;-/,:/?/■',{„■

27%

'

.'

3,700

".'3

k
•%
94%

Jun
Jan

100% Feb
x34% Feb
62

Jan

14% July
10% Jun

17% Jun
Xl3% Jun
For

12%
102

Jan

9

Aug

105%

98% Jan 25
104 3/8; Jan
9

Nov

49%

Dec

46% Jan

.6274 Dec
17% NOV

14%

Jan

23%

Dec

19%

Deo

footnotes

«tee

page




Mar 24

12

1374 May 16
103 74 Apr

'

4%

57% Mar 25

16%. Jan
ll3/4 Apr
20% Jan

11

13

13

22

Mar 16

16% Jan

30

19

May 17

24

Kansas. City Power &
3.80% preferred

109% May 18
64

3

•Kalamazoo Stove & Furnacd

10

59% Jan 26

19

Feb
Mar

% Jan

16
6
9

■

*'

oum

Kansas
•

4%

.LlO

1134

..,—100

*10174

City Southern

109

10Q

*107%

par

5374

100

comi.No

preferred—

*61'/a

Kansas power &

Light Co com—8.75,
Kayser (Julius) & Co
5
Kelsey Hayes Wheel conv class A—1
Class B

■

a;

103%

12

Lt Co—

preferred

non-cum

-'''V

-

j

A

12

13

)

1274

1334

*10174

"10174

1021%

*107%

,

5374

102%
109

*10774

109

53%
6 iy2

62%

53%'
62

•541,4

/

62'%

1674

16%

1674

121%

12 Va

12%

21%

2IV2

21%

1874

18%

1874

54%

16%.

1674

12%

12%

21%
1874

,

6274

13

*10174
109

5474

102'%
109

55%

63%C 63 )4

1674

1674

1274

*12%

21%:

21%

2174

1874

1874,

18'%

•

131/8

102

;

109

! 5474
*63

102

•

t

109' 4

1274

'*10274
i

109

5574

55'%
*63

63%

13

102%
109

5514

16,000
10

820
4.000

63'%

500

16%

1674

9,700

12%-

12%

1.400

177V

16%,

1778

V

1274

12'%

1274

:

2174

217a/

2173

2174 " 22

3,200

18 34

1874

13%

2,700

"19

19

Volume 171

Number 4909

.

.

The Commercial and Financial Chronicle

.

Range for Previous

STOCKS

Year1949
Lowest

Range Since Jan. 1

Highest

.:«Lowest

$ per share

t per share

NEW

Highest

YORK

LOW AND

STOCK

Saturday

EXCHANGE

Sper share

$ per share

40

Jun

56%

Jan

49% Apr

3

39

Jun

48%

Nov

45% Mar

1

;

Feb

16%

Nov

15% Jan

3

i

11 Vt

J

17 %

Jun

25%

Dec

90

Jun

107%

Dec

Jun

16%

Dec

,

Mar

72%

Dec

.

10%
62
25 Ve

Jun

31%

90l/2 Aug
x357/b

Jan

24

7

106

...

13

38

4

/• 152

Keystone Steel

May 19

14% May 16

93% Jan
46% Jan

/ 31% Mar
i

9

Dec

•

27

47o

2

Koppers Co Inc

Feb

62 V2

Dec

54% May 18

62

43

Jan

60%

Dec

59% Jan

4 "k

Kresge

65"% Mar 20

16

Jan

5

Kress

S

(

S)

*14%

10

& Co

(S H)

10
No par
No par

Kroger Co (The)..

I per share

55%

55%

55%

56%

48

48

56%

56%

56%

48

48

48 %

48%

25

48%

49'/*

48%

49'/*

25

25

'25%

25%

35%

25 Ve

25%

25%

35

139%

141

140

'

,

34%

i

•

35%

35%

36%

142%

148%

148'/a

152

15%

*14%

15'/*

*14%

70

70

*69%

70

*69%-

29

28%

28%

28'/*

28 V*

95

94'/*

94'/*

95

95 '

140

\

70

28%

29 %

28%

29

95

95

95

41%

14%

*94%

-

/ 41%

42%

56

55%

55%

62%

61

95%

41%

15%

v

42

41%

,41%

37

.

.

■

.23,600
3,810

.

15 Ve

200

70

50

8,000
100

1

\

42

X40V*

41%

2,500

54%

55

54%

54 V*

54%

54%

600

61

60%

42

55%

*55

62

■V

1

23,100
3,400 |
2,700

.

38

142%

28%

141%

14%
70

29%
^95 -

|

25s/a

34%

/

Shares

57%

15%

62%

the Week

55%

70%

*55

;

.

Sales fur %

May 19

t per share

70%

41%

Friday

May 18

S per share

i,

*14%

95

Thursday

May 17
,

15%

28%
.

Wednesday

$ per share

,\70%

*70

—.100

Co_

34%

.■;r

24%

138%- 140

1

common

34%

34'%

No par

preferred

25

47%

55%

HIGH SALE PRICES

Tuesday
May 16

S per share

55%
48 *

*24%

I

100

common..

$5 prior preferred

Apr 25
42% Jan
6

55%

5

Wire Co___No par
Corp com
No par

Kinney (G R) Co

97

48%

No par

2nd preferred™

conv

# per share

&

Kimberly-Clarke

17% Mar 31
71% Feb
6

•

28% May 19

Jan

43

:

•

69'A May 12

Jan

Kennecott Copper
Kern County Land Co

May 19

Jan

.98

Feb

.Par

57% May 19
49% May 10
26% May 2

Monday
May 15

May 13

'

60%

61

61

61'/a

61'/*

62%

2,100

7%

7Ve

7%

23,700

■

L
4%

Jan

8

Oct

6% Feb

15

7% Jan

3

3%

Jun

6

Jan

3% Feb

11

4% Jan

12

17%

Jan

9%

Jun

43

22%

Pup

20Ve Mar 21

22% Feb

Dec

10% May 15

12 V* Jan

9

47

19%

Jun

37

Jan

16%

Jun

90%

Jans.

Oct

26%

Jan

45'/a

19

40% Jan

Dec

25

20

Jan

3

May 19
25% May 9

94

Jan

24

99% Mar 23

6%

Jun

11%

Jan

7% Jan

3

33%

Jun

49%

Dec

44% Jan

27

3%

Jun

5%

Jan

4% Jan

3

1%

Jun

3

Jan/

1% Apr

10

15

Jun

24%

Jan

4%

Jun

8%

Jan

x41%

Jun

56%

Dec

8%

Feb

20%

Feb

44%

26%

Sep

,

20

Jan

6% Jan
59% May

5

„

21% Mar 10
61 % Mar

8% Mar

Jun

37% July

170

Feb

33

>Jun

Oct

Jan

37% Apr

lo

89% Jan

27

Sep

186

83

,182

Jan

11

3

Jan

17

187

Dec

45

x7% Mar 29

10% Jan

Jun

19

Jun

33%

Oct

13%

Jun

17%

Dec

x67

Dec

60% Mar

•

Mar 31

fs. 9% Feb

28% Feb

66% Jan

27
3

Jun

16%

Feb

14%

Jan

73

78;
Jan
25% Dec

,

'

x60

■*

18% Aug

;

Jan-13

15% Mar 31

7%

11

Jan

13

81

25%

Oct

22% Jan

6

27

25 Ve May

23% Jan

■

166% May

32

Dec

30% Jan

11

Jan

34% Jan

3

25%

•

Jan

V

15

Jun

,

Oct

Jan

10%

10%

10%

11

2.400

*46

47

47

20

*44%

'45%

45%

46

30

*29%

30

30

30%

*46%

47%

*46 %

47%

24%

24%

5

17

99'% Jan
20% Jan

*97

%

10

7%

7%

47%

*46%

5%

6

'

5%

1%

1%

1%

1

*15%

5

,'i

18

.

t per share

Range Since Jan. 1
Lowest

°>$ per share

f per share

/

14%

131

'

Jan

9%

Jun

v.

95%

Jan

/

Oct
Jan

Jan

% Dec
Jan

-

20

■

Apr

:r"' 9% Mar 27

Feb

Jan

15

Jan

10% Jan

525

Jun

Dec

530

11

Jun

4

>

18%

Dec

6'A

Feb

-i.

•10%

Apr

7

Feb

Jun

'

25

Dec

25

Jan

:

6%

Jan

8% Jan

:

Dec

16

59%

59%

9%

10%

22%

22%

22%

22%

71%

71%

71%

72%

STOCKS

62%
40

77%

•

Mark

35%

38%

38%

26 Ve

26%

26%

27-v

98%

98%

*98%

Marine
Market

St

10

137/8 May

13

19%

Jan

48

Dec

11%

Jun

13% Apr
47% Jan

16% May

3

Apr

3

182

Apr

Jun

49

Dec

46.!

Apr 21

Jan

98%

Dec

98

Apr

89

Aug

Feb

50

Feb

100

Jan

Jan.

30

98

Dec

97% Jan

4

100

Jan

88

Dec

87

Jan

10

90

Feb

18

12%

Dec

11% Jan

3

May

19% Mar

Dec

45

25

Jan

42% Jan

13

21% Feb

21

40/

30% Mar

36%

90

Jan

29%

Jun

24

100

Jan

,34

Jan*

20%

100% Mar 11

105

McGraw-Hill Publishing
Mclntyie Porcupine Mines

26

% Jan

9

McLellan-Stores

16

Jan

9

McQuay Ncrris Mfg Co
10
Mead Corp common...
No par
: 4%%
preferred (1st series)™100

23

May 17

82

Jan

5

91

Jan

32% Jan

6

24% Apr. 29

45% May 17
27% Jan
9

14% Jan

3

Dec

11

Jan

3

34%

Jun

49

Jan

42

12%

Jun

15% July

7% Mar

8%

14 5

48

16

16% Apr

17

7% Jan

3

Jan

6% Apr

29

Apr

43%

Dec

39% Jan

13

Jan

99

Dec

96 / Mar 21

130%

Jun
Jan

Dec

Jan

Jan

x20% Jan
37% Feb

120

Jun

101% Feb

110%
,

Dec
Feb

Jan

48

Oct

13

106% May 15

21

Jan

38% Feb

23

110

3

14%

Jun

18%

Dec

17% Jan

Jun

34

Dec

28% Jan

•

13

124% July
10% Aug
7%

139% Mar
12%

Jan

12

Jun

Jan

131

Apr

12

15% May 19

3

18%

MaylO

29% May 5
43% Mar 17

107% Mar 31

14%

May 10

169

18.

104%

Oct

53 % May 10

25

Dec

47% May 19
20% Mar

■

7

35% May 19

& Robbing Inc com

preferred

Mengel Co
5Co

(The)

&

Min

&

Co

Co

Inc

$4

2nd

conv

:

Edison

3.90%

66%
104

Jun

Nov

101

Dec

108

v

Jan

Dec

10'/8

Jun

14%

Jan

11% Apr

3

Jun

80

Feb

69% Apr

13

22'/*

Nov

16%
.

,

Jun
—

for

,

.

—

footnotes

—>

see




page

18% Apr
31

24.

Apr

5

21

*530

193/4

2,200

17%

2,300

18%

:. 8 Ve

8'/*

30%

29%

30 Ve

8%

*520

8Ve

8

30 Ve

30%
9 Ve

9

•

8 V*

9%

2,900

8%

8%

'/

500

'

8%

*17%

18

10
'

8%

8%

17%

17%

8'/*

;8%

8 Ve

293/4 :

29%

297/e

*8

17,100

540

'

•

8%

8%

'

8

9

8%

600

19%

19

19%
530

530

540

-

18

1,300

8%

5,500

30%

4,700

"

/ 9

9%

9 Ve

*18%

18%

18%

18%

18%

18/e

*18%

18%

*18%

18%

140

24%

247e

25

25%

25 »/*

25%

25 V*

25%

25 Ve

25%

6,800

*105

-

' 106

*105

;

15%

15%

12%

12%

66 V*

106

15%
13

'•

9

■■■'-■.} 9Ve

106

*105

106

106

*105

9 Ve

7,700

106

30

15%

15 Ve

15%

15'/*'

15%

15%

15%

5,000

13

12%

12%

12%

12%

12%

67

67

127/e
68%

2,500

67

%•

66%

67

16 V*

16%

16 Ve

16%

16%

16%

16%

16%

16%

16%

6,500

55 V*

56

54%

55%

55 Ve

55%

54 Va1

55%

54%

55'/*

7,400

*180

-

*180

184

182

47%

48%

48%

*97%

98%

*97%

*97%

*98

180

49%
98%
98%

98 %

87%,

17%

51

180

.

-

r

*50 Ve

49 3/i

3,200

99%

99%

140

98%

99

*98 3/4

99

89

89

*89

90

*50%

51

22%

22%

X22%

22%

*43

43%

*43

*34%

35%

*35

30

49%

99

51

22%

■>"'■

49%

99

17%

22%

180

49%

*17%

43%

180

2,100

493/4

17%

*50 Vb

184

t

98 Va

89 '.'•

* -•

*180

68%

68%

'

171

.

67

98 Va

49

*87%

87%

17%

V*

17%
*50%

22

22%

22%

21%

22

21%

21%

43%

43

43

35%

35%

35 %

35 V*

104%

104 Va

104 Va

*103Va

22%

223/*

Va

17%

98%

99

410

*89
-

90

60

17

'•""17

1,500

51

200

51

50%

*35

35%

*103%
4

45%

22%

22%

22%

2,400

21%

21%

22

1,700

43

42%

42%

140

35%

35%

36

800

*103'/a

105

230

35%

51%

52 Ve

38 V*

38 Va

47%

35

*34%

52

52

52

52

373/4

38

37%

38%

37%

38%

38'/*

38%

102 %

103

*102%

*

*46%
16

7%

*155

2,500
100
800

,

2,800
'

102%

102 V*

23%

23%

23%

23%

23%

23%

23%

23%

23%

23%

1,100

14

13%

137/e

14

14

14 V*

14%

14

14%

14

14'/*

1,300

•

21%

22%

22%

23

*87%

88%

13%

29

22

•

*102'/*

22%

22%

103

23 ;

*102%

22%

103

23

88 3/4

88%

88%

90

90

91

90

45

44%

45 %

45%

45%

453/4

45%

45%

*25%

25 V*

25

25 V*

25%

25%

25%

25%

*45%

,

16 Ve
*7 Ve

51%*97
*153

t

16,300

45%

25%

100

91

43 V*,

13%

,

'

t

7%
52%
99%
159

103

25 V*

i'.-

48

16

*98 '

47%

23 %
21%

52%
■

*34%

48

35

51%

25%

!

47%

35%

48

35%

51%

25V8
;%13

>

47%

47%

*35%

43%

'

47

35%

51%

43%

,.

46%

105

*34%

103

21

*87%

?

104 Va

*51

38%

*13%,.

y:

46

46

:

105

35%
;

*102%

'

103 V2

213/*

*42'/a

51%

*35

'

*

105

-

13%

13%

13

13 Ve

13%

13%

13

13%

46 V*

46 V*

*45%

47%

45%

45%

200

16 V*

16 V*

16'/*

16%

16%

16

16%

7,900

*7 Ve

/'

V

7Ve

7

*50%

49%

*97%

99 V2

*97%

151%

151 Va

50

51%
99 Va

153

158

7 Ve

7%

51%
*97

99%

153

•

*150

7

51

99%
155

*7

51%
*97%
*150

-7%

400

51%

8,500

99

155

140

29'

40%

i

29 Ve

29

29

29%

29 Ve

29%

29%

1,900

40

40

40%

40%

40

40

40

40%

2,200

106

29

29
40%

6,000
3,800

47%

16

7'/*
;

2,200

-13

::

16'/*;
52

90
4

*45%

.

49

*90

106

106

106

*105%

106

*108%

109%

*10834

109 Va

*108%

109 Va

15 Ve

15%

15 Ve

15%

15%

15%

_Ll0

v

46%

46%

,''46%

46 Va

46%

47'

Utilities Inc—No par
Prod common
5

19%

19%

19%

19%

19%

19'/a

19

19%

183/4

19

18%

19

*

33%

33%

33

33%

33%

34

34'/*

34%

34%

347/e

34%

35%

134 V*

*133%

134%

Petroleum

Regulator—

...

:

'

1.50

9

Minneapolls-Moline Co common.—1

6

22% Jan

10

134

12%

'9%

134
*12

9%

39%

*108

'

12 Ve

9%

9%

39%

39%

393/*

108%

107
119

120

108%

107%

107 Va

39%

108 Va

118%

13

13

13

*71

25

19%

Light Co.No par

*31%

32%

preferred

124%

12%

118%

72

100

46
.

134

*107%

'

*71%
*18%

preferred

46%

134 V*
*

*134
12 V*

12%

9%

■

■

12'/*

9%

9%

\

46%

12

9%

47%

12

9%

47

50

8,000

47%

15,400
18,800
.

3,000

134

134'/*

100

12

12 V*

2,300

9%

1,000

*9%

'■
,

100

Jan

"

*11%
*9%

..No par

pfd series A

conv

*133

—No par

SS Marie

Power &

.

.100

15% Jan

2nd

18%

,

540

11%

17%

*105'/*

81

$1.50

20

*520

103%

11%

15%

5

Minnesota

19%

V;

•

103%

11%

17%

109%

108% Jan

34% Mar 20

20 Ve

103%

11V*
17

!

106

Minn Min & Mfg common___No par
$4 preferred
i
No par
1st

17%

15%

common

$5.50

11%

16%

*108%

3.20%

67%

11%

16%

15%

New

125% May 19

8,100

109 %

17'

1 /•

38,200

106 Ve

15

15

10

15%

15%

42% Apr

Mar

200

15

,

106 Ve

Minn

96% Feb

15 V*

*108%

Minneap & St Louis Ry

106

15

11%

98%

22%,

100

1st preferred

conv

15'/*

\ 4,300

16%
143

15%

17

Apr

Sharee

*

40%

r

109%

21

110

151

*39%
*139

106%

11% Feb

5

16%

16%
40%

15%

14% Jan

10

i

the Week

sharet

*106

3

Jan

1,200

Sales for

Friday

140%

*17%

48

22

L

40

May 19
f per

*108%

Apr 27

99

8,100

99

*

Minneapolis-Honeywell
101 "

Mar

263/4

19%-19%;

..5

11% Jan

34% Apr
87

16%
*39%

140%

8%

*42 %

pfd.100

—

139% Mar

&

750J.
4,700

16%

17%

No par

Co

preferred series

St P

15%

16 Vb

103%

7%

184

J

t

II,000

39
"

*98'/*

share

40

16%

540

30

67

*97%

50c

...No par

preferred

Copper

Mid-Continent

8%

< per

141

•

18 V*

40%

Steel

15' >

40

*138

*17%

29

South

16 Ve
V

40%
141

17%

*40

Middle

-

17%

__5

Midland

19 V*

Thursday
May 18

f per share

.t

8%

par

Machine

4.35%

99

*19%

Wednesday
May 17 V

*8 Ve

Merritt-Chapman & Scott—.No
Metropolitan

*98'/*

'

19%,

8%

Mesta

Miami

26%

*8 Ve

-48

•

No par

common

5

9%

3%

Transp Co

Inc

4 $3.50 preferred _—i
f

38%

26%

36'/*

56

16%

1st preferred_..«0

Stores

Merck

38%

26%

8%

55
*180

1

common.

convertible

Merch

38%

26 Ve
99

4,500

170

-

39

11%

13%

1 ,23 %

2nd preferred (1st series)—50
Melville Shoe Corp—
t__l

Mercantile

*169

36%,

103%

15%

*66%

No par
Co..

Jan

7

15

4%

3

99

17

23%
40

July

1

13

90

105% May

May
May

Jan

14% Jan

27:

37%

24

261/* : i265/e

/

36 Ve

8%

106

*38

5

Oct

26
170

36

18%

,'r;.,:fvl2%

1

27

Jan

25%
170

:

36 Ve

24%

*105

18

22% Apr
12% Apr

Nov

25%1
170

8%

9

*51

Dec

34 %

1,300

8%

7%

9

■

25

Jan

Jun

1

99% Jan

93%

19%

30

24%

5

36% May

117%

',2534

16 7 8

*520

17%

7%
30

No,par

Dec

$4

25%

8%

*17%

100

Dec

17% Mar

25%

8%

*8

1

McGraw Electric Co

3

McKesson

25%

11%;

16%

540

*50%

preferred

1

13%

8%

convertible

Mar

10

25%

I'
1
it
f

*

<

3P%

*39%
*138

15%

*11%

98%

Corp common

Jan

42% Feb

3,500

'

52% Mar 16

103% Apr 22

!

3

58

8

79

*103%

.50

36

27

78%

sj;

SALE PRICES

%

V:4?

] r%
v

141

14%

89

common

Stores

3%%

78%

103%

*97%

—

30% Jan- 14

27

105%

McCrory

3

"

Jun

97%

May

3

78%

*103 Va

No par

Corp

£1% May 11

Jun

18

36% Mar

*138

12

*87%

Corp

Preferred

17,600

79

19

Iperfyare

16%
39%"

39%

7

16%
19%'

—No par

Apr

25
*■

July"

30%

McCall
McCord

44% May 11

,

No par
No par

pfd

Nov

Jan V:

7%

pfd
cumulative

102%

70% May
28%

24% Mar 17

r

33% Mar 2443% Jan

Mar 28

23% May 11

Mar 22

cum

$3.40

Maytag Co common
$3 preferred
•

16'/a

33%

preferred

41%

Jun

*

12%

Dec

•

60%

92% May
19% Feb V
X13

Dec

45%

Feb

41%
30%

Dec

52

16

20% Apr

$3.75

17% May 11

16 V*

32%

1

5

16%

32%

:

No par
1947 series..No par

16 V*

323/*

5

common

y

8%

...100

Dept Stores

$3.75

16%

32 Ve

18%

No par '

preferred

May

30

Feb

7%

1%

12

16 Ve

32 Va

1

Corp

13,900

,32%

*520

4

2,000

31%

82

32 Ve

12

No par

Co.

Chemical

18%

30%:

*793/4

32%

pfd_4l00 ' / *18%

Corp

Electric

18%

31

103%

1

No par
No par

Ii

32 Ve

,.6.25 :

Co

V

1,100

19,800

1033/4

*18%

.100

L)

;

32%

l l

t

40

40%

62

40%

19,000

62%

63

18%

200

1,200

9

1033/4

1

com

8%

32V4

;

—50 1

prior

Co

9

*103 V2

10 4

Corp..

6%

62 Va

•Mr'WV :'(v
16%

39%
'

141

1833/*

62%

■

16%

v

5,600

1833/4

82

*98%

May 16

tpersharf,

:{i

85%

26%

19

f

['

-

No par

;

preferred

Mathieson

9

6

Jun

80

Master

13

38
89

.C'jij

f

500

85

38%

-

99

Tuesday

.

May 15'V

18,200

36
1

LOW AND HIGH

Monday •

-

:

8 Ve

35%

8

30 Ve

'

j

35%

*79%

*169

36

19

'

1 J4%

—.100 ■'

Martin-Parry Corp

12

■"

May 13

'

....5 V

&

(Glenn

Masonite

9'

58

179

175

4%%
Martin

8

13

Feb

fty

Marshall Field

68% May 18

19

"

»

*138

No par •'

^.1..;

Midland

4

27% Feb

20

*18%

■

f per share

v

S

No par

19% May

10% Apr
56
Jan

-

iq

(T:'

Par.<<

'

Bros

3

Mar 23

99

,

4,500 t>
8,400 I

25%

7

39%

26

10

2,900

72%

31%

25%

169 %

=

Saturday

Maracaibo Oil Exploration

17% Apr 29

169

J

36

^

Mahoning Coal RR Co
Sugar' Co
t

x9% Mar 15

34% July

.

:

Square Garden
Copper __4.
Magnavox Co (The)

19

Jan

25%

11%
22%

f

,

78

169

'

Magma

25

Dec

77%

35%

*98%

'

i

Madison

18% Apr

170

'i-^ ''

(R H) Co Inc com.
% preferred series A.

4 %

23% Jan

13%

76%

26

f?■

Inn

Triieka

Oct

59 >

77%

4-"

preferred—100

Dec

Jun

76%

>

38 Ve

*16%

18%

Feb

16 %

38%

1

;

Manhattan Shirt

10'/8

16 V

35% '

'I *39%

Marathon Corp :

39%

16 Ve

3,000

85%

'-18%

1

59 Va

'62%

39%

18%
82

300

593/e

31

38%

*35%'

M(

23

106

16

,16%

M*1Vobd Working4 CJo---_ji.-.5

M &

8% May 6
31% Mar 11

3

*79%

31%

:\-y^

19% Feb

13

8OV2

31%

•

4%

183%

'

*62

•

'J'

47/e

8%

8%

62%
40

18%

*79%

31%

-.v

'

3

9% Jan

18%

80 %

30%

30%

liie

50

-

39%

*79 Ve

82

30%

No par1

18Vff.

62
v

62

500

r,

1

35%

183%

62
9 Ve

77%

*79%.

.

18%

.

9

*,

8

184

62

9

39%

18 Ve

8 Ve

183 y4

•

61%

62%

YORK STOCK

14

102% Jan

8%

39%

'v.

Mandel

Apr

183

61%

8%
62%

.Nopar

EXCHANGE

J-.'---.

{■: 9% Jan 11

Dec

183

61%

8%
39

Manatl

12

183

61 %

62%

(Ml-61 Sons Inc com—i

^

7

104

183

40%
18%

(Md) A

0"*'

9

Jan

85

63%

4%^ preferred seriesA
300"
Lukens Eteel Co..in-

Jan

Jun

86%

25%

Macy

9

7%

85 V4

8

169%

20

95%

86

169%

24%

v

85%

18%

No par* i

72

86

39%

—.i±__l

10%
223/4

72

35 Ve

No par

preferred... 1001

10%

22%

71%

35 »/e

_„No par
com

10 Va

22%

72 »/*

35 Ve

*62%

„

10 Va

23

8%

*168 /

6%
'

••!

5

59%

35%

8%

3,600 i

59%

•

62

1%
16

16

59%

35%

184

I

71%

•

35%

8:%

J

8,100

10%
22%

4

*35

62

•

800

6 V*

*1%

".

16

35%

85%

47%

6 Ve

*4%

8 Ve

86

487/e

1%

.

!
i

20

5,100

4%

8

*183

>

,

1%
16

I,200 {

77/e

6V4

8%

86

-•

i

97%

59

22%

71%

8

,

7%

48

6

16

*96

7%

48

1%

16

474

10%

7%

6

1%.

,

f

5

58%

35%

No par

Nashville

16% Mar

Apr

1%

15%

*4%

25%

19%

.

1%

15%

5

25%

17

Apr

5%

V

5

47%

47%

6 Ve

*9%

'

7%

47%

25%

Jan

9

<

7% Mar 30

17%

87/a

S50'

7%

58%

MacAndrews & Forbes commodi_10

■

.

24%'Apr 19

17

Dec

Jan

^17 V2 Jan

3

Feb

*

8

10

'8

—-<-No par

,•

14% Apr 18

Mar 30

7% Jan

9% Aug

<

105

3

97

25%

-

140% May 18
"15% May 19
33% May 19

29% Mar 31
102«

96%

*97

71%

25

* per share

May 4
41% Mar 24

98

'

98

25%

•

It

11% Mar 31

-19%

Mar

15%

3

*13

Jun

7

135% Mar

104

Juri

6%

3

33%

8% July

430

38% Jan

15%

27%

5

11% Feb 2b

Dec

1394

Jun

10%

Oct

42

.

2,900

""

500

25

25%

||
Jun

Apr £

48

25

25%

*

9%

31 Ve

47

25%

25%

,

31%

31

47%

25%

25%

;;-i,NEW

Highest

30%

*46'/a

25%

5%

15%

*4%

30%

47%

22%

.7

Co common.....

-''.'i V'

;

J

<

Highest

15%

"V

30%

47%

<

*45

30%

25%

Lowenstein

Range for Previous
.Year 1949

^

47

25%

7%

47%

*45

4

*46%

59%

*9%

*

par
No par

-T

16

*4%

/, 59%

*97

7%

7'/e

47%

25

98

'

7 V*

25 3e

*46%

25

*97

10

(P)

V;. u1'

Lowest

25

98

7%

v

...

45%

*46%

yioff

convertible

Louisville &

5

2'j

,

—_No par

—

7 Ve

46

*295/e

100

—;

Co

7%

8

.,-.-7preferred-^—
...lot!
Louisville GaS & Elec Co (Ky) No par

19

18% Feb

■

11

5

Long Bell Lumber

11
28

97% Feb
'

21%. Mar

11

2

Corp

20

36% May 19

22% Mar 24

Sep

100

Apr

41% Apr
27% Jan

'

95

10%

t

50

No par

Co..______

Oil

3% %

,

v Mar 16

174

4

-

Belt

Lorillard

41%

31% May
20% Jun

10%

1,100

7%

25

Lockheed Aircraft* Corp
Loew's Inc..
Li
Lone Star Cement

6

5

;

preferred

Link

-y

18% Jan

75

,.27% Dec
172% Dec

21%

i

pfd

Lily Tulip Cup CorpLima-Hamilton Corp

15

81% Apr 17
32% May 1

23% Jan*'; 131

Dec

Jan

213/4

1st preferred—No par

Liquid Carbonic Corp

76

19%. Jan:

Tire—...

Lion

Jun

153

&

21% Jan

Jun

15%

1,000

21%

7

*4%

1

40%'May 18

*

65%

4 Ve

21%

....

2

'17% Jan

>

Ve

21%

-T/v'Q V'.'

62% May 10

;i

/

4'/*

21V2

Liggett & Myers Tobacco com*

"

49'i
;

52%

4 Ve

21%

Life Savers Corp

•

x6% Jun

4%

2112

10%

t

Libbey Owens Ford Glass;
Libby McNeill & Libby.^.

2

•

91%

*4 Ve

21%

10%

_

non-cum

1

72% Apr

4%

21%

10%

.

5Cc non-cum 2nd

9

8'A Mar

21%

*10%

(James) & Sons Co common—3

$3

72% May 19

,

*4 Ve

*21%

No par

Lehman Corp (The) —____1
Lehn & Fink Products
•„
5
Lerner Stores Corp
No

10

24'/e Jan

1

7'/* Jan
3
34% May , 1

'

4%

No par

Lehigh Portland Cement..
Lehigh Valley RR
Lehigh Valley Coal com

9

ll5/e Jan

7

4%

cumulative preferred
Lehigh Coal & Navigation Co

30

13

7

4%

75 Pesos Mex

*'3.85%

30

20

Jan

"

34%

21

Apr

Co

Rubber

Lees

10

9% Apr

Dec

Jun

2% Jan

4% Apr
54

Dec

64

Jan

6%

11%

15

Lee

8%* Apr 26
50% Jan
7
8% Apr
5

t

4

pfd

preferred

Lane-Wells

48

Jan

•

6%

4%%

31'/e May 19
1

Co

Lambert Co (The)
Lane Bryant common

47'/a Jan 25

19

May

22 Ve

98

.

44% Apr
22'/a Jan

Gas

Consolid

La

6

11 Ve

Jan

'j

Laclede

40

39%

40

40

40

40 Ve

41'/a

5,000

107%
,

108%

Xl07%

107 Va

108%

109%

110

1,010

120

121

121%

123%

X123

124

124

125%

4,000

108

107%

107%

*107%

108

*107%

108 V*

*107%

108

70

13

13

13 Ve

13

13 Ve

13

13

12%

13%

7,900

71%

70%

70%

70%

70%

70

70%

70%

71'/*

180

19%

19%

*18%

19%

*18%

19%

187/e

18 Ve

*18%

19 V*

200

31%

32 Ve

31%

31%

32 V*

32%

32 V*

32 Va

32'/*

32%

3,500

i:

(2112)

The Commercial and Financial Chronicle

NEW
Range for Previous
Range Since Jan. 1
Lowest

Highest
t per share

Jun

54%

Jan

46% Jan

Jun

10%

Oct

9% Jan

3

3%

Jun

15%

Jun

Jan

4% Jan
21% Jan

3

3% Aug

5%

Jun

9

35

Jan

Yb Feb

10
4

Corp

7%

preferred

^Missouri

series

Pac

RR

5%

Jun

12%

Dec

11% Jan

13

21%

Jan

26%

Nov

24% Jan

13

45%

Jan

57%

Deo

54% Jan

13

68'/« May

1

Monsanto

112% Jar-

4

120% May

5

$4 conv pfd series B
Montana-Dakota Utilities

103'%

Jun

113

Dec

Jan

10

.14%

Dec

12 Vb

13% May 15
x29

13% Feb

May 18

Mojud

May 17

Monarch

3

Machine

21% Mar 31
47%

57%

Jun

Mar

23% May 11
69

20% Jan 18

Morrell

I J '/#

i-»ec

16 %

Jun

23

Jan

18

14

Jun

26%

Dec

16%

Jun

27%
23 %

Dec

23% Jan
26% Jan

Dec

21% Jan

10%

Jan

Montana Power Co

I

15% Feb

il

Feb

6

3

52

3

37

3

25

Motor

58%

58

58%

58 JA

60%

20,500

11%

11%

H

11V*

11%

11%

11%

24,100

6Vb

6 VB

6%

29 Vb

29%

8.200

8'A

7,100

11%

11%

11%

xll%

11%

6%

6

6%

6%

6%

6%

6%

6%

29%

2j%

28%

8%

8%

*35%

36%

20

35%

35%

29

30

8%

12%

12%

13

13%

13

13%

27%

23

28

28%

X28%

65

65

29 V*

B'/s

8%

35%

12%

27%

5

28%

8%

35%

36%

*35%

6

29%

8%

8%

*27%

36

8

37 Va

12%

13 Vs

13

23%

29

28%

.

I,100

13

4,200

29

36%

36%

13%
29

6,200

3,100

64%

64%

No par

*120%

120%

♦120%

120%

5

12%

12%

*12%

12%

12%

12 %

12%

12%

12'/e

12 %

12'A

12%

2,100

No par
No par

23%

23%

23%

23%

23%

23%

22%

23%

22%

23%

23

23 %

12,200

58%

58%

58%

58

58%

57%

58%

13,400

13%

13%

Co_.

(The)

58%

*1j%

65%

65%

.

*118

120%

65%

120

18%

—3

58%

58%

57%

13%

13%

13%

13%

13'A

13%

18%

18%

18%

18%

18

18'A

41%

43%

43%

43 %

43%

41%

43%

41%

42%

34%

34%

35%

8,100

120%

*118

58 Vb

13%
18%

13%
*18

66

65'A

66%
120 Va

*118

42%

13%

18%

No par

Corp

65

64%
120

34%

5
No par

(John) & Co

Products

9

—1.25

Montgomery Ward & Co
Moore-McCormick Lines

Apr 22
May 19
May 8

Shares

58

28%

Motorola Inc—

Jan

53% Apr 18
13% May 17

share

share

58%

8%

com

Sales for
the Week

1 per

57

No par

Co

May 18
f per

58%

28%

Tool

Chemical

I per share

58

100

-

Friday
May 19

Tbarsday

May 17

I per share

9 per share

pfd_100

conv

Carpet Mills
Hosiery Co Inc

PRICES

Wednesday

May 16

58%

5

Mohawk

HIGH SALE

AND

Tuesday

58

No par

A

Monday
May 15

9 per share

10

Development Co
Mo-Kan-Texas RR com

37% May 19

30

Saturday
May 13

Mission

30"% Apr
4
10% Mar 20

Apr

4

Aug

Mission

Monday, May 22, 1950

.

RECORD
LOW

STOCK

Par

60% May 19
11% May 19
6% May 2

3

25% Mar

YORK

EXCHANGE

9 I>«r «A«r«

25

7%

25

NEW

Highest

I per share

38 l/t

6

STOCK

STOCKS

Year 1949

Lowest
f per share

YORK

,.

200

3,800

18%

42%

.1,100

43 Va

*18

13,400
12,100

15%
11%

35%

36%

36 Va

38%

36%

36 %

37

17%

5

JaD

Motor Wheel Corp

35%

Jun

13% Mar 25

*24 %

24%

17% Jan

24-/4

7

Mueller

24%

24%

24%

24 Vb

24%

Co

24%

Jun

14%

1

Jan

15%

12% Jan

15"%

15%

15%

15%

15%

Mullins

15%

15'A

15%

15%

2,400

II

Corp

15%

Dec

Jan

17% May 19
10% May 4

24%
15%

24 %

x9%

1

17

17%

17

17 %

17%

17%

17%

17%

17%

17%

17%

17%

II,100

50%

Dec

9

38%
108%
10

Jun

Feb

Oct

t

52% Mar

May 19

110 % Jan

113

J

15

Jan

13

20% Mav

39

July

Dec
O^t

36% Jan

13

Jan

43

Jan

46

13

Mfg

4%%

46% May 19

51

Brass

Munslngwear Inc
Murphy Co (G C)

7

Mar 17

15%

30% Mar
41

9% F"t
49

112% Mar

Jun

13

8

—5

Apr 14

preferred

Myers

(F

E)

Bros

50

10%

50

111

111

19%

20

10 %

10%

50%

111%

*111

10%

49 %

10%

50

*111

19%

20

19%

20%

19%

45

44%

45

45%

45%

44%

*44%

No par

20

*44

46

*44%

46

,44%

■

44%

*45

1,500

49 Va

1,400

111%

60

10%

19%

19%

20%

21,000

44%

45

46'A

1,100

46

*45

46%

10%

49

49'/a
111

45

1,800

*111

10%

49%
111

111%

"44

50

&

*49%

111%

19%

10%

*10%

50

*111

10

com

10%

*49%

100

Murray Corp of America
4%

10%

1

common

preferred

*24

45

45

200

/

,

N
10%

Jun

17%

22

9

Jun

21% May 19

32%

Dec

32

Jan

17%

3

Jun

24%

Dec

23

Jan

13

44
May 3
27% May 19
9% May 5

National Acme Co—
National Airlines

5

Jan

9%

Jun

9%

n»o

16% Mar

5

Apr

7% Jan

3

16% Jan

13

22

Mar 29

National

Automotive

16% Apr 27
45% May 2
39% Jan 17

National
National

Aviation
Corp
Battery Co—

10%

Jun

13%

Dec

12

Jan

28

13

Jun

41

Aug

36

Feb

24

40%

Dec

35% Apr

20

185%

Sep

181% Feb

9

7% Mar

186

6% Mar 29

Jan

National Biscuit Co

9

7%

8% Apr 29
39% Mar 23

Fibres

Can

National

Cash

Corp

32% Feb

23

Aug

8% Jan

4

9%

Jan

7% Jan

3

8%'Jan 28

Jan

10% Jan

3

14% Mar 30

12% Jan 17
44% May 15
18% Jan
5

National

Dairy Products
_No
Department Stores

21 %

24% Jan

7

National

Distillers

11% Jan

13

Jun

Feb

13%
17%
7%
*11%

12

39% Dec
17% Aug
22% Dec

Feb
Jun
;

Jun

19% Jan

•

22% May

11

100% Mar

10

20

Jan

Sep
Dec

Dec

Dec

Jan

% Feb
'23% Jan

13

3

Jan

7% Jan
18

156

11
25

28%

Dec

26 '

19% May
86 ;
Jul

Jan

od

'/a

National

1%

Lead

\

4

-

9%

i.

National

Sugar

Jan

;

f
•f

Mar

Natl

8

9% Apr

'4

93%

i\

Jan

...

•

94

*.
*

i

65

Apr

i

23%
«

•

Jun

v

9%

t

Jun

Y

56

l

Jun V

117%
10

Jun

'

Jun

Jun

«

205

V

.

Dec

21

,'

.132

\

•
.

Jun :

15%

Feb

4

^

"

•

.

j-

i

May

-145

.—•...■,

Inc

—

16% May

'
*

6%

Jun,

14

*•

21%

Jun

t

• >

Jan

•

47%

Sep

1

"

f

N

<

26.

Mar
15% ;Jan

i

8%

1

C

jun

19 Va

■

.

*•
'

:

8%

Feb

11%

Pec

85%

Dec

.t;

'7'

Jun

30%

'

V
v

109% Mar

Jun

13%
-

12

Dec

i% May

11% Mar

4

-4%
•

14%

8 Yb

8Va

8%

8%

8%

8%

8%

11%

11%

11%

11%

113A

11%

11%

44%

X43%

•443/8

43%

44

15%

153/4

15%

15%

15%

15%

15

15%

5,600

22%

21%

22%

22

22'A

22

22%

27,100

9%

9%

9Vs

9'/a
21%

9%

9%

21%

.21%

97%

98

43

99

43 Vh

43%

184

•

153%

8% •:

20

%

%

*24%

Va

<3*3.40%

13

4

i

t

1

*Ja»

,

/

>

3.60%

100

$

88May 18 * Northern Central Ry Co—j™:—50
-39% Feb 23 » Northern Natural Gas 'Cb_—
-10
A.May l7 .
Rights
s——-——i.

t

5

,,

Oct

par

23% JaD'

,T?n

13

4

.

J»A Apr 18
13% Mar 28

Oct

*

Jan

-j

21%Feb It
32% Mar 28

.North west

Airlines

Inc

^^<■4.6%- preferred-

common—10

———L-25

37%

37%

37%

37%

28%

28%

28 Va

28 Va

28%

28 Va

28 Ye

28%

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3% Jan 13
16% Jan 17

tNorwalk Tire

16%

16%

16%

16%

16%

16%

16%

16%

75

74%

74 Va

74

74

74

74 Ye

73%

37%

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11%

11 Va

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11%

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10

10 Va

10 Ye

10 Va

JO

V

.: <•

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24%

900

38

„

15,100

28%

800

35,900

16%

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73%

73

73%

37%

37 Ve

37%

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11%

12 VB

5,300

10

6,500

16%

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■

Va

10%

' 10%

10%,

AND

HIGH

37%

37 v ...37%

i

BALE

;

.

11%

9%

97B

10

PRICES
'

Monday V
.>;May i!i '

Tuesday,
May 16

9 per share

,>

•'

Wednesdsy

^

May 17

9 per share

.

10%

10%
V 17% .',17%

'

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•

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104

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38%

:

,

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Tharsday
May 18

t per

9 per share

<

101%

14'A

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i-V:

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580

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•

Sales fat

Friday
,

the Week

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May 19

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.

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share

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ft
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*

Northwestern Telegraph

«»

14

25V4

—

;

3,800

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I per share y •

S

9 % Apr: 24
16% Apr 24

3,100

25*

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.

v.<22% Apr 10 s--Northern Pacific Ry1——100
t
#:
Norihern States PwrCo (Mlnn)— V
10% Jan <; 3".
13 r- Mar 22 / «2 Common
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97% May 10
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<106% Apr 27
109 % Mar 24 ^>'-t4.80: preferred—<——No
i

150

8%

22%

24%

-

L——_—i.No par" =•

preferred

154%

8 Va

21%

>.

%

153%

8%
21 %

154

8%
21

24%

tatnrtay £

»

Corp—1

3,90% preferred—1—100
Noblltt-Sparks Industries J—,—12.50

May 19

8%
20%

120

■

•

——100

preferred—<u-,__^_,^,I_100
■

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8%

20%

184

37

•

1 ;

par

153'

152%

8%
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184

37

tv-.?;;.; May 13 >.■

1

—100

18,400

43%

44 Va

184

'

36%

11% '11%

.

A

184

37

10

,»■ Far

preferred

4

44 Ye

44%

37%

Corp——No'par
.conitmon.cuNo par 1

$3.75

130

44%

21%
98%

1843/4

•184

%

14,400

98 %

153%

:

21%
99%

21%

8%
20

2,700

21%
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9'A

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24%

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433/8

184

11,900

9'A

9%

22

21%
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184 i

44%

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22
98

43'A

184

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8%<
20 %

21%
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v

44

9%

9'A

-

16%

*

,

1—No par

29,600
3,400

44%

44%

74%

com——No par

new

6,700

8 %

11%

'

<

;

•
Noma Electric Corp-i—4—'—1>
<36% Apr 12 <-•? Nopcb Chemical Co_—
!
4
.53% Mar -f4
Norfolk :ds Western Ry com———25
:/28 t MSeb 27
Adjustment- preferred-/
-—25
4
21% Feb 24 » "North American Coi—
I—10
1A6 V« Mav 1 r North American Aviation
:—1

lg

>,17

20%- Oct'
36% Dec

,

44'/a

4,200

9

8 YB

28%

■

common——

87/B

8%

1,400

37'A

21%

%

•

<

8%

8%

120

8

8
37

15%

24%

Y City Omnibus

Class

8%

8Vs
36%

22 %

'

1 *

/:

•

8

186

185 Va

36%

'

.,

107% .Sep»

1

7

>42 May.

:.
-.

>

9

9,700

186

36%

373/s

800

367b

*

15%

20%

<

>

34% Apr : 26

,

Lx«

8%

186

8

37%

2,100

36%

36%

22

8%

•;

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/Common

37

15VB
453/B

21%

15%

153%

r/l4%:May l5

-

78% Jan

Feb,

Apr

64

•

•

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10% Jan

39% Dec

.

9

8

8

36%

36%

185%

13,600

15
45

22 %

*152%

Niagara Mhk Pwr Oorp com.No

Mar 29<

1

46

•

Jan

','>'18%

.11%, Jan
85

„

r

Jan

Jun

/,

Jan tl

<97
Apr
t
A ,403% Mar 20

>

•

.Jan.9%'Jap:

Jan

i

•

25% Jan

20%. July

.

28
$1

IE'.4

98 V4' Jsn- If

Dee

75% July,

/'11%

,

93V« Jui
.

31

4

;

•

'<•

.

*'

v

.

y.-

.

—•-

.

8

185%

x

11%

8

184%

-preferred 57« series A—.—100
N Y Shlpbldg Corp partic stocki__l

f

20% Apr 12;

,

-Apr 24
86 V» Jan. jL'ji

Dec
28
Jan 13
59'A .Jan ^<46 V*
Apr-18
2P% 3PB .X
26%

«

8 Yb

11%

44%

1853A

185%

37'A

8%

9

11%

21%
97%

preferred—:—
—100
vNew 'England Elec
System——r—1
New Jersey Pr & Lt Co 4%
pfd—IOO
NeWmontr Mining
Corp_—_T
10
Newport Industries common—1—1

--Ma* r*

36.

•

-

30

t
J

185'%

8

8%

V

9%

3%%

-

/i? j"28% Apr /.fl
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Feb 1»
21 %.Jan i%%
/■< 24V« Max
•

—;

;

27%

.

363A

217b

15%

21%

153/«
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15%

34% Jan
New -tYork Dock
; 63% Jan .18
$5 non-cunv prcferred^__L_^Nopar 1
246% Apr 19 V N Y & Harlem RR < Co—i—.50
i N Y New? Haven
v 10% Feb 27
& Hart RR Co-100 4

j

J

V417% Mar. 21

Nov^A

—

—...

—

36%

LOW

preferred-.

.

Feh 21

,7Vr Jan
■t*

26

*

36%

36%

44%

2' *N Y Chic. & St Louis Co com
100 <
10 / A'6% 'preferred series A—100 *

18% Feb

4

>

,-Jan .26

30V4'Jan

;

Apr

96%

36

43

L

Bros

Newberry Co (J J)

w

/Apr'.4 m.New

15

Ill

.-Apr 26

2201-

•

:2614-Apr .27

Jan

367/s

530

2,400 '
7,500

22

54

No par

N Y State Elec & Gas
86

36%

73,500

45%

21%

15

45%

8%

.

Jan

19%

"

14%
45%

37'%

8%

May 17 zzv4% % preferred—-i———-,100
29% Jan 20
Newport News Ship & Dry-Dock-_-l
30%-Feb
4 wNew York Air Brake—^
_No par

>

i

28% Mar 39
56

■

Ja*

33%

14%
45%

'

*11%

72 %

3

13 Vs Jan;v4

,

,

250 ■.;.' Mar -.;

.

V

Dec

Jan

68% May 19
M4% May 15

.

25% Mar 31
11% Jan
3
98 ,* Jan

.

t

103, /Apr 13
•<

-

r.

..

Dec t

-

5% .Jun

40

101% May 17
58 .- Apr * 6
11% Feb 15

i

Jan

v

14%

45%

185%

*8

10

STOCK

213/4

14%
45

37%

par

21%

14%
45

36%
186
8%

185

par

21

14%

*184

Fibre Co—

Corp

105% Feb It
13% Mar 23

.

> Apr-13
10% Jar
r «

v

■14% Jan
30
Dec
Feb '
> -61 • ■ Pop

48

<

.142

'

Nehl

;:r4%%-

*

-20%

»

».

20%

8%

45

36%
*

No par

Co

:

-

,

104% Feb 10'

:

,13% Jan
102 %

21%

20%

14%

10

Co

,NEW YORK

I per share

Neisner

4

Dec

.33%

;

<

213A

20%
*44

—100

';EXCHANGE

Highest

v

17% Feb 10

,72% Jan
60% Mar 14
„,?35'.:"'..Apr..''- .1 26% Mar 29

Jun

C

12% Feb 28

13

.

24%

t

»

100

Dec

14%

.

9VB

20

*

Vulcanized

102% Mar 10.
37% Apr >1

.

Feb

r

Mar 30

14% Jan

.102% Dec
67% Deo

Jun

9%

10

•

Oct

*11%

8%

,—100

common

_

39% Nov

4

Mar

42-

.

Lowest
9 per share

-

'

8% Jan

8%

(The) Pa com—10
preferred
.100

4%%

Natomas

Range Since Jan. 1

.

102%

8%

20

STOCKS

13% Mar

,

8%

No par

National Tea Co

12% Feb 28
11% Jan
S

11% Jan

<14% Dec
104% Dee

Jan

29

83/4

National Supply

Apr

Highest

.

8%

1

Prod

Ref

17% May 19
82% Feb
I

Nov

t per share

12% Jun

.*101%

8Va

1

Co

preferred B,__

40% Mar 23

13%

.Lowest

8%

Linen Service Corp
1
Natl Malleable & Steel Cast__No
par
Natl Power & Lt ex-dlst
No par
National Shares Corp——~No
par
National Steel Corp new——.10

4

36% Jan

12%

9 per share

27%

National

Range for Previous

■

Co

13

r

mi)

Year 1949

267b

1

Gas

preferred A

6%

14

it Jan
4
25% Mar 24

27

263,4

Enameling & Stamping__12.5o
National Gypsum Co com
1
$4.5o preferred
No par'

38% Apr
4
28% May 12

Mar 22

15% Apr
71% Apr

Apr

42

26%

Nat'l

8% May 11
22% May 19

4

Man

Register——No

Cylinder

National

44% May 17
184% Apr 21

25

Dec

180% Jan
xl50

35% Mar 31

Dec

National

0

35

Feb

41%

27

National Container Co

3

94% Jan

Dec

•26

9% Jun
9% Jun

,

13

Dec

•

21% Feb15% Dec

*

17% Jan

9

H

*

Jun

21%

Dec

Feb

19%

.

Jun

X80

14%
19%

183

5% Mar

.

5

152%
7%

Jan

x%

27

May

38%

86% May
25% Apr
169% Jan

14

Jan

42%

26%

National City Lines Inc

15

95%

Jun

135

38

217/b

42

26%

10

Nov

8%

Jun

21 Va

42

25%

100

36%

9%

21%

42

25%

10

common

Jun

5

20

41%

20%
42%

20%

41%

25%

5

Jun

27%

20

*41%

257b
8%

--4

preferred

National

20%

41%

25%
*8%

Inc—1

5%

Feb

20%

41%

1

30%

10

20

100
1

Dec

18

30% Jan
170% Mar
4% Jun

Nash-Kelvlnator Corp
Nashville Chatt & St Louis

1,600..

? ».'<-'

0
4

27%

Jan

33

99%

Jan

110

•

•

V-

.23% May
; 17% Jan
'

20

91

Jun
,

6%

; MayDtt
: '

31% Jan 13
107% Mar 24
.

<

t33%

Jan

26% Feb

Dec

19% Feb

<31%

J8n

99

Jan

Feb

10%

v

Dec

28

Jun
Nor

11%

Jun

64% July
;49Vb Jan-

96%
22%

Jan

16%

Dec

Jan

100102

20

Jan

74

Dee

x61




May

Apr

l

26

4.40%

3.90%
Ohio

Feb

>

41

'

:

Jan

18% Apr.

'
-•
*

«2

21

Jai»

.

Oil

Co

Oppenhelm Collins.-.
'Otis. Elevator common

7
I

1

4

-

73% May 19

34%
109 V*

—Np par
pfd—20

'

4

'

34

4

1

$4

preferred

Outboard Marine
Outlet

Co

-

dE

Mfg--.—..2.50
;
No,par

Owens-Hllnols Glass Co—

—12.50

,

*19%
.

34V*

24

,

34%

97%

33%

20

♦19%

24

34 Va

34V2t:
* 109 V*

.

13%

102

102

*21%
5
•

39%
*107

..

34

13%

'

22

38%

108

t

*107

20

16 V*

74

•

66 V*

66 V*

:

35 Vs

35 Va 4

34%

34%

23%

4

19%

24 V*

24%'

92%

92%

13 V*

13%

99'%

24 Vb

92 V*

93

13%

13%

100
•

22

22

*

102
.
.

39

'

*

99%

*22

22
39 y*

'*107

108

16

*73

74

17,900 *

35%

3bXe

"35%

:

'

20

••

'

20 '

24 Vs

93

12;

20 -

'V 220

.

220

13 V*

36 Vs
:

20

.

24 VB

2418

92 V2

f

23

1
-

'•

100 V*
*22

'

100

12

Va"

23/

108

-

*15%

l57/a

*73

/

74

♦106%

107%"

15% "15%

107 %
15% .: 15%

,

.'

8,400
<

360

250

-

23

"

200

39%

»

7,300

106%

T

'

39 VB

*106 %

; 800

2,900

100%

*22

'

'

12%

100%

-39 Vb V 39%

39%

"

40,600
■

-24% 93
/

•92%

•

"

39%

"*15%

34%

98%

109%' 109%.'
99
A
98 V*

1097!b-

*97%

19%

r

r

»155/e

97%

'

'

102

39%

97%

35V*

•

*19%

23 Vb

23,

97%

*"

■*

92

13V*
102

'

*73
..

.

;

'

-

20 Vb

23%

93

13%

109

97%

34 V*:

92

93

34%

.

109

•:

'

:

10
—No par
62.50

>

*109
*97

.

11

14

34%
109 V*

*
4V2% convertible preferred—-100
Omnibus Corp (The) common^
5
8% - convertible preferred A
100

May 12

108% Feb

-

—8

preferred—:—l-J—^-100
preferred -'——100

Oklahoma Gas & Elec 4%
*' Oliver Corp common,

9

Apr 21

*.23% Apr

14%Mar2a<

>

79

<64%

Jan

>15

3

37% Feb 17
105% Mar 24

> Ohio Edison Co common—
v

27% Jan lo

.»

3

20% Jan

/ Dec

20

81:

95

40% DCS
108

Jan

10% Jan

Dec

*

21% Apr 26

-92

«

May 19
36 Va May 19

14

Nor

105

35% May 17
112% Mat
-.99

14

19%

'

79% July
,18% Aug

».

97% May 16

—

106

Va

40

'•

'

15%

15%

:

1,000

'

66

'

66%

i.

'

'

'

.

■

*73

74

68

70

/. *73:

74

/

*73

74

-

67V,

67%

'

69%

'70 V*

71 'v

■73"%''

,

11,400

/

/

5,IOO

Number 4909

Volume 171

.

.

.

The Commercial and Financial Chronicle

(2113)

NEW
Kanfor Previous

:

Year 1949
;

Lowest

"

Lowest

9 per share

11% Mar

14

IV* Nov

Sep

71

Jan

Aug

40

18

Feb

Jan

34

Sep

54

13% Jan

9

Pacific

Amer

11% May 12

Pacific

Coast Co

57% Jan

17

34% Jan

12

Jun

Jan

52

Jun
Feb

34% July
104% Dec

101

135

Jan

148

144

Jun

3%

4% Jan

Jun

8

Jan
Jun

22

38%

Dec

95%

Jun

104%

Dec

6%

Jun

8%

Apr

11%

*11%

11%

11%

ll7/#

*11%

11%

56%

57

*55

57

33

32%

32%

323A

21%

21%

22 Va

*21%

34%

34%

343/a

34%

55% Mar 10

34%
53%

Jan

10

Pacific Lighting Corp
Pacific Mills

Apr

21

Pacific Telep A Teleg com.

7

148% Jan

8

No par

preferred

-100

Packard Motor Car

21% May 19
49% Mar 20

3

Pacific Tin Consolidated Corp
Paclflo Western Oil Corp

4% Jan 11
11
Feb 28

Jan

6

5% Feb

1

107

Mar

Amer

World Airways

Inc

1

9

8% May 18

Panhandle Prod A Refining.*

3%

9%

21

*43%
105

l

43%

105

7%

323/4

323A

323/4

21%

21%

21%

21%

I,200

34%

34%

34%

34%

18,500

53%

55%
30%

1473A
3%

3%

3%

423/4

42%

43%

3%

3%

3%

9%

104%

104%

73/8

7%

147%

147%

3%

3%

44%

3%

2,100

111

3%

25,400

10

93/4

21

21%

213%

44

44%

44

44%

104 Vi

104

104 %

104

93/4

7%

8

7%

35,300

10%

21

10

•104

4,000
10,800

4

44 y4

43%

1,410
160

46'A

44

4

21

*20

44%

43%

2,300

30%

30 %

110%

110%
147%
147%
3%
3%

4

9%

10
21

433/a

30 y4

109%

147% 147%

54

53%

53%

30

3%

41%

53%

30%
109%

30

*20

•

410

323/4

34%

,109%

7%

30

22

105

7%

7%

420

32%

44

105

1,400

10%
56 Va

34%

109%
1473/4

21

*20

,■■■

12%

10%

56%

12

21%

53%

30

9%

9%

44%

Shares

32%

,

4

3%

11%

share

10%

10%
•55

42

42

A

9%

*20
•

•

3%

42%

37/B

-

1473A

3%

9 per

503/4

12

11

57

Sales for

the Week

34 V*

323/4

1093/4

*147

9 per share

share

12

10%
*55

■»

,

May 18

22

53%

29%
1093A

3%

42%

lo

Petrol A Transp
5
Panhandle East Pipe L com__No par
4% preferred
100

147%

3%

No par

63%

29 Va

109%

30

109%

*147

1

53%

53%

29%

109%

Pan-American

Pan

.

13

-

100

3% May 11
46% May 19

3
28

17

104

No par

•

per

11%

11

57

•*21%

Electric

$

.

12

11

*55

lo

St

33

8% Jan

32%

*11%

25

Gas

111

18% Apr
34% Jan

$ per share

1

Pacific

4

3

Feb

I per share1

10

.?

May 17

.Friday.
May 191. -

Thursday

Wednesday

May 16

Pacific Finance Corp of Calif

Feb

3

Jan

9 per share

11%

Tuesday

<

May 15

34% Jan 11

23

3% Mar 28

Oct

Dec

B

Monday

May 13

No par
No par

1

Jan

36

4% Jan
10% Apr

36

Inc

common...

preferred non-cum
2nd preferred non-cum

Feb

<

2% Jan

Oct

12

Fisheries

1st

28% Apr

Dec

44

1

Par

3

89

Saturday

'

9 per share

8

50

2%

-EXCHANGE

1

27%

29% Jun

share

29
Apr 11
20% Jan 29
31% Mar 21

21% Nov

30%

RECORD
LOW AND HIGH SALE PRICES

NEW YORK-STOCK

;>

7% Jan
51% May

Apr

29

9 per

) ;

Highest-,

11% Apr

Jan

10% Jan

61

STOCK

8TOCKS

Range Since Jan. 1

*

Highest

9 per share

YORK

21

8

7%

8%

400

4,200

I

104

200

53,400

*

15%

37

20%

Dec

104%

Jan

97% Mar

Oct

22%

Dec

17% Feb

Aug

17%

Jun

Dec

101

47%

Oct

38 % May 17

1%

Jun

24%

Jan

21

2% Feb
Dec

34% Jan

29

Dec

8

Jun

7%

9

Nov

14%

Jan

9% Jan

Park Utah Consolidated

9

Parker

9% Jan

20

Dec

34% Jan

57

Dec

12

IV* Jun

10%

Feb

53% Apr 25
7V4 Apr 29

17% Feb

26%

Dec

23 % Apr

23%

Jun

35

Dec

31

Jun

111

Mar

107

6

28

May

21% Jan

6

Jan

16% Jan

13

18% Mar

32

Jun

45%

Nov

41% Feb

20

50

1

104

Mar

113%

Nov

Feb

8

29

Jan

37%

Dec

96%

Feb

137

Dec

7% May

13

Dec

12

Apr
Dec

Mar

35

102

Jan

108

9%

34% May
127% Apr
11

36% Feb

5

139

8 % Jan

3

Jan

25

34

12

Dec

104% May

Nov

11% Jan

13

Jan

3

107

5

13%

Jan

37% Dec

36

40%

Jun

57%

Dec

51% Jan

36%

Jun

53%

Jan

44% Mar 27

x48% Mar

58

90% Mar

106

Jan

56
105

Jan

5

Jan

3

23%

Jun

26% May

24% Jan

7

27% May 18
26% Mar 17

5

117

Sep

114

98

Jan

104%

Dec

105

Apr

110%

Sep

103% Apr 11
106% Apr 18

10

I

8 per share

11%

per

share

19% Jan

Jun

9 per

11% Apr

14% Feb

32% Jan

3

54% Apr

84% Jan

4

50% Jan

13

10%

Feb

7%
26

Dec
Dec

14

95%

103

Feb

Dec

14

Jan

9

Jan

106

3

17% Feb

93% Jan

16

94% Jan

Apr

27

67% May 19

Mar

16 Va Apr

9% Mar 31

Apr

103

Feb

14

Dec

100%

Jun

97

Feb

17

102

Jan

14% Mar

Jun

88

Dec

86

Jun

32

Jan

24% Apr

24

29% Jan

10%

Jun

16%

Jan

15% Jan

13

13% Jan

16% Mar

3

Mar 17

Jan

155

Nov

148

Mar

1

155

170

Jan

163

Mar 22

169

37%

Dec

6%

Jun

8%

Jan

35% Jan
7

Jan

13

9% Jan

8% Jan

3

Apr

175

May

150

Feb

8

88

Jan

71

Jan

3

71%

Jan

25%

Dec

147

Jun
Feb

29

Jan

61

Feb

Apr
Apr

32

Mar

44%

Sep

38% Jan

Jun

13%

Oct

27% Jan
145

12% Mar 28

8%

12% Nov

12%

Apr

15%

Nov

8%

Jan

48 i

Oct

28% Mar 22

32

56'

14%

22

Jun

32
•

Dec

90% Mar

80s

38

Jan

47%

46% Jan 13
26% Jan 31

Deo

Jan

118% Jan

Jun

29%
105%

Xl03% Nov
30% Feb
24%

37

33%

Jun

109

Jan

107

30

3

107% Mar

3

39% Apr

x7

Jun

92%

Jan

23%

Jun

21%

Jun

26% Jun

.

17% Jun

23%
<

Jan

36

Jan

49%

49%

122%

1223/4

*120

—8

122%

*120

122%

*34

100

34%

*34

34%

134%

134

/

Jan 13

1373A

13%

12'A

12%

103/4

11 Va

1034

11

ID3/,

11

353/4

35%

36

35%

35%

343A

35%

1051/4

105%

60

14%

14%

2,906
2,700

36

35%

*104%

135%
*13

*34

35.

'

139

3,100

43 y4

43%

43

43%

43%

23%

22

22J/4

21%

22

73%

74%

74 ya

75

50

50%

50 y4

50%

(Chas)

Co

105

.

22%

22%

1

73%

73%

73%

73%

—25

A Co

49%

49%.

49%

Inc

preferred

59%

50
No par

common

preference
preferred
preferred
preferred.

conv

100

*115%

*59%

109%

27 Va

27%

*25 Va

59%

59%

109 '/a

27%
25%

*25%

No par

com

59%

27%'

■

'.

109 %

*109

No par

110»/4
27%

27%

253/4

25%

25%

A

115

*115%

104%

*104

105

•1043/a

*108

109

*108%

116;

*108%

Monday

May 13

l

12%

.100

*94%

12%

12%

*95

46%

47%

473/8

473A

94%

94%

95

95

53 %

52%

105%

*1043/8

52%

53 Va

*16

16%

*16

95

*90

95

*90

*153/4
*90

14%

14%

14%

14%

14'A

143/4

143/4

*32%

32%

*32%

33

14%

40

*1043/8

*105

110

*105

14%

143/s

14%

93

91

91

x91

91

91

91

27%:

27%

273/4

27%

273/4

27%

28%

28%

28%

9,000

16%

16%

16%

161/8

16%

163/4

16%

17%

173/8

17%

3,300

14%

14%

91

*89%

*

14%

♦

155

*151%

155

*151 Va

155

*151%

155

168

168%

169

*167

1683/4

*167

1683A

38%

39%

38%

39%

39 Va

7%

73/8

7%

73/8

73/8

7%

7%

12%

12'A

12%
*135

*78%

80'

*63%

64%

64%

20%

20%

*20

21%

64%

64

64

64%

65%

180

20%

;; 20 3A

20%

*20%

21%

22%

10%

*10%

10%

22%

21%

22

10%

•10%

103A

10%

103/4

100

11,000

*10%

13

13

15%

15%

47%

47

65%

65%

16%

46%

47%

43%

43

43%

800

133/8

13%

13%

1,900

15

15

13%

13%

133/s

151/8

14%

15%

15

ft

332

8%

9Va

29%

30

30 J/2

31

31%

•31%

65

64%

05

65%

65%

643/4

16%

15%

16

16

16

15%

84 'V.

84

84

64%

15%

&
-,//■

iv.'

3*2

V*

A

19,800
148,100

9%

9%

93/4

62,200

32

32%

32%

65

64%

65

5,200

15%

16

5,500

15%

fiii

29%

16%

47%

8%

81/8

10

3,000

46%

8

%

32

7%

145%

•140

•43 Va

•44

13 y8

A.

15

400

21%

213/4

♦43

*13

21%

21%
145%

221/4

431/4

V;

•140

145%

22

47%

30%

*20%

21%

♦140

145

145

453/a

*29%

—

€4%

42%

preferred series A—50

—

210

*63%

21%

/■■A./

—

64%

43

%

10,200

149

*63%

45%

8

13%

13%
♦135

80%

45

15%

:

133/4

149

79

42%

%

4,100

79%

43

15%

17,600

7%

79%

*42

>

40

40%

7%

y

79

45

12%

7%

*77%

45

12%

13

•135

155

167%

40

791/2

*10%

11

13

149

12%
*135

151 Va

167%

403/8

7%

30

79%

21%

21%

*10%

12'/a
149

7%

2,500

79%

145

*141

145

*141

123/s
*135

'

40

40
;"

12%
149

*135

149

*78%

No par
5

112

27%

*91

14%

14%

*151%

sa

9

-

600

*84

85

*83%

16%
84%

83%

84%

310

of Colorado—20

*56%

56%

56%

56%

■56%

56%

56%

563%

56%

563/a

56

Indiana—No par

28%

28%

28%

28%

28%

28%

28%

29 y4

28%

29

29%

56%
29%

5,300
4,700

1211/2

121%

121%

•121%

122

*121%

122%

Industries

Inc

com

preferred—_—No par

100
100

-

*87%

(The) common

25
50
50
50

122

33%
•30%

22

.

19%
*78%
7%
*102

■„

*29%
30%
*32%
20%
*36%
*32%

31%

22

20%
79
7%
103%
30
30'A
33 ..
20%
36%
33%

"t

100

87%

87%

87%

87%

*87%

88%

130

25

243/4

25

24%

25

24%

251/8

28%

28%

28%

29

283A

29

28%

33,800
12,200

107

28%

♦108 A 109

/

88

243A

28%

33%

83 y2

*87%

24%

36%

; *121

'

88

25 Va

1063/4

■/A,<

*87%

28%

36%

No par

'
82 preferred
Reading Co common
4% non-cum 1st preferred
4% non-com 2nd preferred

*121

25

106%

No par

100
No par

:

85

28%

100

_

Inc

88%

*84

25

No par

com—No par

preferred

122

*121

23% Apr 18
Radio Corp of America eom_.No par
79% Apr 19
83.50 1st preferred
No par
9% Feb
3
: Radlo-B>lth-Orphemn Corp
1
103% Jan 10 > Ralston Purina Co 3%» pfd-—100
31% May 19 :
Raybestos-Manhattan
No par
33% May 19 * Rayonier Inc common
1
,

500

*33

32%
104

*165

7%

81.40 dlv preference

Pure Oil

600

33%
104%

32%

39%

1

Pub Serv El A Gae com

4.08%

14%

24,600

15

1

8

Pullman

*14%

165%

.—

Service Co

15%

155

!.

— —

67%

39

V

300

16

95

66%

*165

No par

300

xl4%

—5

10

16
♦90

*151%

.—5

8,100

.

16%

*16

...1

240

53%

67%

104

104%
110

*105

4,200
14,500

47%
95

27%

27%

1

104 VA

1

Shares

r

15

r

333/8

33

33

92%

9

16%
95

12%

66%

14%

*91

10

*15%

Sales for

('

104

104

> v *

*90

;•

67

32%

104

*

53

53%

*102%

16%

66%

preferred—No par

Gamble

;

95

15%
661/2

110

Co

53

53%

65%

*102

cum

94%

65%

110

A

46

95

12%

.

the Week

May 19
$ per share

95

65'A

*102

"when issued";

1:

Friday,

'

46'A

104%

30

V'\-

46 3A

66

110

Electric Power

100

12 3A

65%

*14

B

130

105

109%

12%

12%

par

*100

conv

52%
*102

95

15%

16%

*90

52%
105

105

105

.100

class

116

47%

123/4
46

104'A

CO

1,000

104%

95%

12%

*104

A

19,000
;

109%

1 per share

104%

Co

253/4

*115
*

105

S per share

95

pal

...

253A

;

109%

May 18

*104

convertible

150

110

273A

Thursday

104%

RR

1,000
7,250

27'%

116

*1043/4
*108%

■

May 17

.

*104

et Louis

*115

io9y2

*

par

C A

25%

Wednesday

12%

12%

'

*53

*104%

..25

No

670

109%

273A

25%

,

105

*108%

...5

No

59%

59%

593/4
110

$ per share

9 per share

.100

No

com

preferred

22,000

HIGfl SALE PRICES

Tuesday*

47%

46

.100

preferred

51%

May 16

'

May 15

9 per share

—3

preferred series A

75

503i

27%

1161/4

*104 «/2

105
1091%

LOW AND

Saturday

Reading Coal A Iron—

116

115%

22

74%

110

1101/4

271/2

109

22

75%

503/4

59%

59

1101/4

253/a

/

253/4,

■

22

743/4

50%

•

27%

*109

116

104%

100

STOCK

YORK

59

59%

*21%

.

'

100

4.84% preferred
3%% preferred

33% May 18

700

43%

84.75

Apr 14

200

70,500

441/4

2

34% Mar 22

35

137%

103/4

35%

620

*12%

10%

*35%

3,000

117%

135'/2

10%

10%

35,000

*34

13%

10%

13,400

17

,47%

137/s

1343/4

*12%

13

26 3/8

46%
116%

A

34%

134%

13

110

*108%

49%
120

4,400

135%

*34

34%

*34

134%

13

110

25%

43%

Quaker Stats Oil Refining Corp—10

31

*108%

110

45

22

For footnotes see ptge 24.




49

*108%

44 %

Publlo Serv Co of

14

22% Apr 10
39% Feb
9

118

49

4

:

123%

49

5% conv preferred
Purity Bakeries Corp

30% Jan 13
20% Apr 26
36
Jan 25

122 V*

*48%

84% Jan 80

x24% Jan 25

Jan

43

34% Nov

28% Jun

101% Dec
29% Dec
30% Feb
34% Feb

47

10

35% May 19
109% Jan 10

12% Jan
3
73% Jan 13
7% Apr 17
100
Feb
3
27% Jan
3

49%

/A/17

18% Jan

14% wa
74% Jan
9% Apr

493%

V

17%

3

30

16%

25%

16%

3

107% Jan

Dec

26

17%

255/a

16%

110

44%

Public

9

-

26

163A

25%

16%

Jan

26% Feb 27

Oct
July

9% Jun
Jun

26% Feb
30% Feb

Mar 10

May

110

253/4

17%

25%

*108%

44%

4%%

6

Apr

•108%

25%

25%

110

14%

Rights

Apr 28
89% Apr
3

33% Jan

20% Jan

66%

32%

16%

Pressed Steel Car Co Inc com

123

104% Feb

Jun

25%

*31%

105%

Procter

Dec

15%

25%

32%

14%

Publicker

Apr

30%

25%

*31%

*104%

Potomac

8

May 11

5

24

Dec

25% Jun

25%

32%

14%

Poor

9

9% May 19

56% May

24

28

25% Dec

Jan

25%

*31 %

16%

Pond Creek Pocahontas

85% Feb 17

4

86% Jan 28
25%

25%

32%

105%

17% Jan

Mar 22

79%

20%

25%

*31%

*104%

32% May 19
67% Apr 12

14% Mar 13

Feb

<

16% Mar

ft May 16
Mar

25%

32%

25%

Plough Inc
Plymouth OH

Maris

14% Feb

7% Mar 23

21

25%

*31%

*108%

Pitts ton Co (The)

47% May 16 *

14% May 17

Jun

10

May 16

26% Feb 21
12% Apr 10

16

~4%

8

18

65% May 19

-4"-

50%

8%

Feb

80% Apr

20% May 3
135% Jan 13

36% Feb

9

13% May 19,
150

20"% Apr 21
10% May 5
38% Feb 14

Xl9%

25%

32%

50

pfd

1,300

25%

*31 %

100

com

1,200

9

*25

No par

—1
Pittsburgh Forglngs Co.
Pitts Ft Wayne A Chic Ry com— .100
.100
1% gtd preferred
-10
Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
No par
Pittsburgh Steel Co com
No par
.100
7# preferred class B
.100
5% preferred class A
5%% 1st ser conv prior pfd.. .100
.100
Pittsburgh A West Virginia
Pittsburgh Young A Ash pfd— .100

40% May 18

Mar 30

64% Nov

Dec

9

14 Va

$5

May 16

Jun

Jun

83A

Pitts Consolidation Coal Co

Mar 21

Jun

Nov

8%

Pitts Coke A Chem Co com—No par

3

28%

14%

9

9

9

*104%

Pitts C

12

156%

55

*8%

FUlsbury Mills Inc common
$4 preferred

91% Feb 23

142

135%

9%

Phoenix Hosiery.

17% May 19

15%

9

Phillips Petroleum

Apr 21

79

Jun

9'A

14%

0%

2

24%

7%

9%

common—

Phillips Jones Corp
1

24

105% Mar

135

8,600

lo

17%
*36

105 J/4

4%

34% Mar 23

30% Apr 20

105%

11

36%
593/8

Philip Morris A Co Ltd common. ...5

4

57% Jan

100% Jan
94

59

*35%

3%%

6

Dec

32% Aug

Jun

2,700

59%

Philco Corp common

12

II

Sep

17%

36%

59%

No par

Phila A

21

64

87% Aug
51% Jun

17%

36%

59

Par

96% May 3
57% Mar 17

55%

17%

36

58%

17%

14

4.3%

18

Feb

105

18%

35%

58%

I per share

Jan

Jan

17%

36

58%

EXCHANGE-

88%

Jan

18

36

58'A

10%

NEW

40%

37%

17%
36

58

33 %c

Highest

Jun

93%

17%
36

14%

$1

24

79% Nov

22%

17%

105%

3.8%

18

2,000
1,500
6,700

14

4.4%

share

7%

7

36

134%

Phila ,Electric

May 11

>•;

7%

105

Range Since Jan. 1
Lowest

Highest

10%

7

57%

STOCKS

Year 1949

73/4
10%

7%

17%

*12%

Range for Previous
Lowest

7%
10%

7%

14%

116% Mar 23

110% Feb

7%

10%

7%

14%

105

8

Apr

77/s
10%

7

*22 Va

110% May 17

24

7

57%

100

60% Apr

Oct

110% Apr

A

Phelps-Dodge Corp
Philadelphia Co 6%
86 preferred

Dec

Jan

series

Pflser

24% NOV

*7%
10%

7%
11
:

*35%

24% Apr 22

Jan

7

Pfelffer

May 1
51% May 19

20%

10%

7%

107/8

7

2%

295/a
73/4

25

Corp.

75 Va
,

73A

103A

7%

•29

petroleum

14% May 19
47% Apr 22

21% May 17
25

4,100
II,300
1,400

10%

*6%

preferred
100
Corp of America.
..5
Brewing Co
No par

4%%

41%

29%
8%

2y4

4,600

No par

Pet Milk

6

413/8

29%

10%

100

Co

41%

*7%

II
1

5
5

163/4
100

No par

6

37% Feb

Jun

17

No par

4

Mar

2%

41%

413/4
30

Peoples Gas Light A Coke
Peoria A Eastern Ry Co
Pepsi-Cola Co

18

700

2Va

prior preferred

conv

39%

41%

Peoples Drug Stores Inc

6

May 19

14% Apr

14

3Vt%

*38%

2%

391%
2%

29%

Penn Power A

123% May 17

20

Feb

May

•38%

2%

5%
preferred
Light Co:
Pennsylvania RR
Pennsylvania Salt Mfg Co

6

38%

41%
29%

common

Penn Coal A Coke

26% May 19

38%

2%

Penney (J C) Co

9

Dec

39

40%

7

109

8

2%

com—No par

17%

38%

29%

Penn-Dixle Cement Co

22%

39%

*39

39%

2%

Penn Glass Sand Corp

Jun

13,200

29 S/8

7

Nov

19%

41%

10

16%

19%

2%

Ford

A

193/4

40%

Feb

13%

110

conv

19%

•99%

29%

34% Jan

3

Jan

5%

24

9% Feb

26

Mar

Feb

61

50

19%

16%
100

29%

Penlek

Jan

37%

Jan

993/4

19%

16%
100

2%
40%

38% Mar 17

19%

Jan

99 3A

20

16%

163/8

40%

Co

Patlno Mines A Enterprises

Co

100

193/4

16%

*29%

Pannelee Transportation

Proof

Coal

*39

1

163/4

*99%

20

19%

2.50

15

Peabody

Dec

21

Mines

Parke Davis A Co

30% Feb

7% May 16
18 % May 17

27%

Nov

1

16%

100

19%

16%

100

19%

16%

*99%

16%

100

___No par

41% May 18

Rust

16%

100
1

11% May 11

15

x8

No par

common

convertible preferred

4

42%

106

4%

5% Apr 17
15% Apr
8

Jan
JaD

8

16

Paraffine Cos Inc

Paramount Pictures Corp
Parte A Tilford Inc

11

2% May

28% Apr 24
7% May 2

x6

5% Aug

25

1% Mar 21

38%

23% Mar

8

Feb

21% Apr
46% Jan

6
28

Jan

104

15% Feb 25

106%
X36

33%
♦103

106%

IO61/2

106%

106%

♦106%

36%

35%

36%

37 y»

37%

37%

37%

37%

38

33%

33%

34

34%

34%

34%

35

34%

353/4

107

1083A

108

108%

31

30%

31

♦21%

21%

21%

21%

30%

29

203'9 ^2
f 78%

20%

20%

7 8 3/g

78%

7%

7%

7%/73/a

103%

103%^103ys

♦78

108

108

*108

107

107%

550

19,200
36,100

21%

78

7%

108%

108%

108%

400

30%

30%

30%

30%

30%

2,100

21%

*21%

21%

21%

21%

1,100

20%

•

*30

193A

20%

20

20%

102,500

78%

76%

7%

77%
7%

76%

7%

♦102

*102

77

73/4

2,000
10,600
70

103%
31%

1,500

333/8

5,800

33%

1,300
1,900

29%
30%'

29%

29%

30

29%

29%

103%..
303A

30 %

30%

30%

31%

31%

313/4

32%

32 "/2

32%

33

33

33%

331/4

31%
33%

20%

20%

20%

21

21

21%

36%
34%

36

36

33%

33%

♦102

36%

36%

*36

♦32%

33'A

*323A

*102

33

103%

.

7%

21

21

21

37

*36

37

33%

84%

21

36%
*323/4

31

600
,

200

'

The Commercial and Financial Chronicle

STOCKS

Ban re for Previous
Year 1949

t per

11%

I per share

S per share

share

10 V* Jan
15 y* Nov

13%

Apr

13%. Jan
16% Oct

Jan

Highest

16% Apr

18

Real

26

16

12% Mar 30

3
7

Jan
Jan

Silk

Reed

14% May 16

27

Jan

6%

C%

Jun

50

Roller

Jan

6

Feb

9

27

3
5

Feb

% Apr

Jan

12% Dec

8% Jan
Jan

58

62% May 15
14% Feb

11% Jan

13
Jan 20

Conv

20

Nov

85

Feb

Jan

10% Jan

13

16% Apr

25

Jun

8%

Jan

5% Jan

25

2y4

Jan

4% Dec

4 % Feb

11

10% May
1
5% Jan 30

5%

Jan

Dec

9% Jan

13

11% Feb

Jan

Jan

13,

34

Jan

13

14% Jan

3

90

Jun

6% May

17

.;

10

27%

Jun

91 Va

Jun

91

110

Jun

10%

Aug

6%

18

7% May 16

13

Jan

Jan

24% May

3

9

26

105

common

Republic

107% May 12

20 % Jan

Pictures

5%%

7

Reynolds

Jan

lo

Oct

36% May 17

Sep

47 % Jan

3

50

Aug

94% Jan

5

99% Mar 31

102%

108% NOV
21V* Dec

Jan

13% Jun

xl05% Mar
Jan

19

108.

8

13

23 % May

19 % Mar 24

24 % Jan

12%

Dec

12

Jan

13

20

May

2

Dec

30 % Jan

13

48

May

9

36

Jun

68 %

Dec

60% Jan

13

85% May

8

96%

Dec

105

Apr

Dec

19%

-10% Jun

Nov

Jun

21%

39%

Apr

8%

Sep

61% Nov
12% Mar

16

Dec

102

Mar 17

16% Jan
19% Apr

107

23'

Feb

54% Mar 13

61

Rohm

29% Jan

37

9,700

107a

10

10

10

10

10

10%

10 %

10%

107a

32%

10%

33%

33

33%

33%

33%

33%

33%

33% '34

4%

28

preferred

Co

Ruppert

107%

*107%

1097a

700

20 V8

109%

6,500

19%

20%

20

20%

107%

107 %

107%

6106

120

7%

7%

7%

7%

7%

7%

7%

7%

7%

77 k

45,900

23%

23%

23 %

23 '/*

23%

23%

23%

237e

2,900

104%

23%

23%

103%

104%

104%

104%

11%

11 %

*11%

11%

105

105

105

37%

37%

37%

270

11%

377k

11%

104%

11

105

*11 '/a

11%

11%

377k

2,300
12,200

37%

36%

48

43

48

*47

49

*47

96%

96%

96%

*97

97 3i

♦97

108

107%

107%

22%

23

22%

23%

22%

23

22%

23

44%

44%

45%

45%

46%

X45%

46 %

46

477/2

19%

*18%

19%

*18%

19%

*18%

10'/4

5%

5%

5%

5%

5%

5%

5%

37

37%

37

*46

96%

lOtf

23%

23

10

49

97%

200

107%

5107%

107%

107 7k

250

2,700

27,800
100

19

19

5%

*5%

5,400

23'a

23

2,500

23

23

19%

19

19%

13%

19%

13%

19 %

19

19%

19

19'A

9,600

47%

47%

47%

47

47%

47

47%

47%

47%

47%

477»

1,100

20

common—

teries

Ruberoid

20%

107%

107%

107%

107%

20%

110

110

110%

*109

108%

20

20

19%

19
*82

84%

83%

83 %

23

com—1

*106

100

A

Works Inc

20%

No par

*59%

*10%

5
100

*112%

1

*

*81%

83

*18%

137k

6,300

20%

20%

207k

20%

2,100

61

60

60

*60%

61%

100

10%

10%

10%

107 k

10%

1,200

34 7k

11,300

13%

18%

13%

20%

20%

20%

20%

60%

*59'%

10%

10%

10%

*59%

61

10%

10%

100

106

106

137k

18%

20%

*59

400

83%

827 k

82 %

108

*106

108

106

23%

13%

18%

20%

10%

1

(The)

18%

20%
61%

—5

(Jacob)

81%

83%
108

*106

108

*106

18%

22%

23

*82

108

18%

1

Royal Typewriter

1

108%

110%

*109

2,100
51,700

*47%

20

Controls

Co

15%

25

Inc.—

Haas

&

—

preferred

conv

Ronson Art Metal

May 11

12% Apr

29

13,200

4%

*22%

Mills

4%%

1

10% May 15

7,400

9 7

47 a

23

Robbins

Robertshaw-Fulton

May 12

'19% Feb

3

15%

8%

4%

5%

No par

15

878

*18%

45
*18%
5%

No par

Miner

Copper

15 7 4

4'/a

19%
5%

Corp

15

T

100

90

3%

45

Oil

Company

15%

*39 7 k

9

22%

Antelope

15 A

12%

127 a
91

4%

44%

Richfield

12%
90

8%

22%

Roan

4
17

8,400

12%
91%

4%

22%

Ritter

27

10

127 k

12%

9%

22%

19% Feb

63 %

4%

1

47% May 19

*6272

*90%

91

15

107%

3

63%

4%

107%

16

*62 74

4%

107%

14

63'%

2,200

4%

107%

Feb

97k

4%

100

4% Jan

97 a

3%

series

16

97 a

9

15%

4.50%

37% Feb

700

27%

*9%

8%

96%

Jan

31

*90

91

600

*26%

9%

14%

49

Co

27

27

8

8%

*96%

Manufacturing

27

*7%

14%

*47

Dec

21

12%

49

21

Jun

63%

12%

97%

42%

Mar

*62 %

12%

"47

Jun

7% Jun

62%

12%

*96

Jan

15

62%

12%

10

Jun

21

63%

100

Rheem

17

May

10

series—

15 y4

6(

10

8

3

*62%

27

10

3.60%

:

3,900

3

3

9%

27

10

*90

3,100

14

27

27

Preferred

1

Apr

Tob class B

(R J)

H

10

91

17

14

3

27

Preferred

24%

5% Jan

100
—1

Common

*3%

i

No par

Reynolds Spring Co

40

39 Ve

J—-2.50

convertible preferred

6

*7%

3
27%

- 32%' 33,
*109
110%
\ 19%
20'a
*107% 109
7%
7%
23 %
23 %
103% 103.%
11%
11%
37 %
37%

No par

Com

Drug Inc
i
Reynolds Metals Co com

3

98

Jan

8%
4%'
10'A

—1
50c

10

Rexall

May 17

85%

Jan

Corp

12% Apr
39% Jan

42% Mar

34%

Steel

14%

10

6% conv prior pfd series A—100
Revere Copper & Brass com—No par
5%% preferred
100

3

14

100

Corp

$1 convertible preferred

13

20% May

5% Feb

Feb

Aviation

*62%
12%
*90

,1

Inc

Motors

8

lo

*27

—5
100
50c
25c

series..,

Republic

May 19

110% Apr

99% Jan

Dec

10

Jun

'23%
103

Dec
Jan

23

103%

Sep

4%

Jan

Reo

*7%

..No par

common

Republic

1

Dec

100

4% Aug
18% Jun
98

Jan

16%

92

3%%

pfd

10

preference

prior

Remington-Rand
$4.50 preferred

14

12%

4%

73

div

13%

V

Reliable Stores Corp—1
Reliance Mfg Co common.

7

13%

16%

14 78

*7%

16%

13%

16%.

14

16%

50c

16%
137k

13%

*16%

2,000

16%

% 14%

16%
14

16%
13%

14%

147s

16 %

*16%

Shares

147k

*14%

14%

14%

;

share

14%

14%

Co—+--*—No par

Bit

S per

share

14%

(Robt) & Co—

$1.25

May 12

11

S per

13%

Sales for

the Week

$ per share

Thursday

May 17

t per share

Friday
May 19

$ per share

Wednesday

May 16

13%

Reeves Bros Inc

11

7
22

Nov

60

Aug

8

*

9% Jan

Jan
Dec

8%

4y« Jun

Tuesday

May J 5

13%

Monday, May 22, 1950

.

May 18

Monday

5

Hosiery Mills com

.

PRICES

LOW AND HIGH SALE

■

t per share

Par

$ per share

10% Mar 11

!■■■

May 13

EXCHANGE

V

Reis

18%

■■

Saturday

STOCK

YORK

NEW

Range Since Jan. 1
Lowest

Highest

Lowest

.

S
33% Dec
113% Feb

16% Jan
109%

Apr

7Va

31

Jun
Jun

34

Jan

10% Feb

43"%

Jun

78

Jan

12%

Jun

87

Dec

131% Dec
100% Nov
9%

6% Jun

22%

Jan

Jun

70

Dec

NO?

*103% July

Oct

91% Mar

Jun

3

48 % Jan

10

165% Feb

21

24

110

7% Feb 28
85

66

Feb

Feb

May

99
May 1
98% May 19

Apr

7

109

Feb

21

13% Jan

16

Mar

Jan

91

Sep

86% Jan

92

13%

Jun

21%

Dec

20

Jun

Jan

Dec

62

Jan

60

46'/a

47

150

*146'%

115

Jan

.—5

70

19%

Sep

19% Jan

56

Dec

47% Jan

25

2

8%

90%

*89

21% Feb*

Elec

17%

31

31%

30%

3.35%

*94

947k

*97'A

98

No par

.

pfd

preferred

5%

14%
*91

Oil

Co

5%

11% Dec

10% Jan

31

15 % Mar 17

Jun

44%

Dec

41% Feb

15

Sears

9%

Jun

16%

Dec

15

Jan

3

45% May 11
19% May 15

4%

Jun

5% Jan

3

6%

Jan

11%

Dec

101%

Feb

6y« Jun

:

77

Jun

6% Apr
14

10% Jan
3
90% Mar 13

v

Servel

1

Inc

$ per

24%

Is

Highest
$ per share

share

,

Range Since Jan. I
Highest

$ per share
14

25% Feb

16

38% Dec

37% Jan

13

45% May

4

105% Feb

14

108% Apr

6

Oct

9% Jan

3

11

15%

Dec

15% Jan

7

21% Feb,

30

Jun

40%

Dec

34% Jan 25

5

Jan

7

Oct

6% Jan 13

2% Jun
22

4% Jan

19

Jun

100% Mar

96% Apr 19

17% Jan
17% Oct
107% Dec
4% Oct

14% Jan

95Mi

Jun

'

14% Jun
i

97% July
3% Jan

<

7% Jan
40
Mar

29%. Jan 13.

35;% May. 17

20% Apr 15

25:

Jan

8R

Mar

;

,

,

10% Dec
v

Oct

16

Feb
Jan

2Q

3% Jan

3

d%

Jan

4

19
'

13

117

4% Jan
11.

Jan

52% Oct

51% Jan 11 %

53 % Apr

*109

110%

14%

60

15','4

15

15'A

2,200

15%

15'A

*14%

15

92 "

92

91

92

28'A

28%

28%

297k

'

;

■

-

92

28%

*

4

14

Oil

&

cum

4,400

68%

687k

69 A

69 Vk

69 %

70

69%

20

207k

20

20

19%

20

20

20

19%

807k

797k

79'%

79 Va

80

79%

79 %

79%

79%

13%

*12%

13%

1374

13%

.*13%

14

137k

13%

"13%

13%

45

44%

45

44%

45

44 3

19%

19%

197k

19

19%

19

11,600

19%

797k

*13

6%
12%

12%

12%

*96%

97

96'A

6%

97

12%

12%

12'%

97'%

98 7k

98%

45

4

5,000
600

15,500

,

7,000

19%
67k

800

13%

13%

137 k

18,800

99%

*97'A

987 k

210

6'/k

67a

13%

13%

97%:

...

*6 7k

6%

6%

67 k

*6 7 k

6%

6%
*12%

*98

PRICES

Friday

Sales for

May 19

the Week

u

$ per share

Shares

$ per

share

^.1

28%

29

29

29%

29 %

29%

29%

30%

30 7k

30%

307k

307k

27,500

No.par

32%

32%

32%

32%

32%

32%

32'%

32 3 8

32'A

32%

327k

33 3 a

14,200

43%

42%

43 '/a

42%

42%

3,500

1077k

*106%

1077k

100

2,800

Par

-

—

No par

43%

107%

$ per share

share

43 %

*106%

42%

43'%

43

107%

43

43 %

*106%

$ per

$ per share

$ per share

"

No par

common

preferred

106%

106%

*106

107%

9%

9%

9%

9%

9%

20%

*19'/2

20%

*19 %

19%

100

43%

447k

44%

16,500

8%

8%

8%

4,700

3%

2,000

*9%

10

9%

9%

9%

9%

9%

1

*19%

20

19'-'a

19%

*19%

20 %

*19'%

-15

43%,

44

43%

43%

43 %

8%

43%
8%

43%

1

8%

8%

8%

Co

America

.5

Mines

3%

.No par

,

30

,

No par
„

*33%

26%'

No par

*

116

iv

South Carolina E & G. Co com—4.50

59%

607k

2,500

2374

24

1,500

59%

59

23'%

23%

35

/.'•;/ 34%
x22%

35%

98%

98

%

98%

*963 4

19

19%

19 %

19%

J:

33%-34

34%
2234

•

.

,

,

34%

96%

97%

97%

97%

*96 3 4

97'A

170

19%

19%

19%

19%

19%

197k

20%

7,500

18%

18'%

18%

18%

113%

114%

114

37B

3%

37a

4

10%

10

10%

a

54

*53

•

a

*53

3,100

84 "a

113%

10 %

7,400

2278

*83%

18%

10 %

35
*

22

22%
84%

113'%

3.%,

34%

35%

227k

18 %
4."

1,800

*83%'

113%

3%

10%

•

59

84%

18%

4

-

22%

'

113%

18%
114'

•

*83%

22%
84%

>

1,000

98%

•

*33%

•

*58

6,200
93,200

118"

117%

22%

85

54

118 *

59'%

*96%

*53:

'

23%

-

23

83%

50

28

x32

*22%

23

22%

.r-f

*58

59%

83%

10%

27%

117%

22%

t

271/2

117%

*58

3%

117

22%

4

26%

26%

21%

;

27

267 a

*83%

1

317k
32%

26 %

32%

18%

a

327 a

26%

,

18%

317

26%

22%

*113

31%
32%

26%

22%
33%

%

3%

32%

.331/2

118

3%

3%
31%

30%

33%

117

87k

3%

30%

33%

117

44

32%

3%

30%

33%

3%

59

.

8%

3%

3%

30 %

34%

*22%

,

44

30%:,31%

3%

30

*57%

__100

5%. preferred

8%

8%

,

(A) & Sons Carpet Co com—20

preferred

»

*106

-

No par

G)
Pen

1,100

80 3i

LOW AND HIGH SALE

Gas

A)

70

69

1

Corp

(Frank
(W

29%

20'/a

l

,

South Amer Gold & Platinum—

12:

28%
69%'

'

May 18

Steel

72

92

*91

29

*91

80%

Socony. Vacuum Oil Co Inc—
15
Solvay American Corp 4% pfd—100

14

11% Jan

101/4

'

10'%

/'

*53

54

-

54

-

114

48,000
A

114 Va

1,700

4>

,V-: 3%

3%

2,400

V10%

9%

107 k

17,000

53

*52%

53'A

12

11%

11%

42%

42%

*417k

•

53

r

19

18%

18%

114%

40

100
'

Jan

40

Nov

36% Jan

3

45

Aug

40

Jan

4

45

35% Nov

34

Jan

13

10% Sep

12

11% Jan

3

28% Jan

36% NOV

34% Jan

22% May 17
13.

40j.

32% Jun

51

Dee

49% Jan

3

56 % May 19

25%

32% Feb

11

Jan

3

Southeastern

42% May 11

/

*

Nov

110%

20

4.20% preferred
——_■
_loo
Smith & Corona Typewritersu-Noipar

28

Jan

36%

60

*109

Thursday

3%%

14
12

29% Jan

.

Smith

May 19

Apr

14% Apr

26% Feb
,

.

20% May 19

14

106

Feb

92%

93

*68

Oil Co
15
"When igsued"
—„
i
SlossrSheffield Steel & Iron
—20
Smith (A O) Corp——
—_10

8
23

102

92%

May 17

Shell Oil Corp—:
Sheraton Corp of

12

83% May 15

,

11

Mar

*

93 Va

Wednesday

Sheaffer

May 19

24

4

110

93

May 16

Shattuck

3

60 %

.

92

28%

28

1087k

Tuesday

$4.25

9

33% Dec

Jan

10%

,

*91

28%

-is*'

15

40

103 'A

94

May 15

Sharp & Dohme

8

31% Jan
88% Feb

83%. May

,

'

15

9874

1031/2

110%

*109

110%

*1037k

•

98%

108%

93

*927%

93

*97%

108%

697k

Skelly

21% Nov

<

15

*92%

1.08%

1077k

1087 k

*107'%

92

92%

98

98

*107%

Monday

Sharon

11

59
May 10
20% Jan
3

Dec

1,600

■'

-

94

93

98

May 13

May 15

:

927k

93

No par

common

118

Jun

94%

*97%

19%

3

16%

Jan

28,400

19%

Sinclair Oil Corp

*

32%

45

May 19

Jun

32 7A

19%

28

97

100

May

32%

44%

15

24% Sep
127% Jan

V

31%

19 %

Simonds Saw & Steel

18% Jun

21% Feb

4

13

31%

44%

Silver King Coalition
Simmons Co

29% Mar 21

30%

19%

May

26% Jan

36% Jan

19,600

307a

447k

36

27% Nov

Oct

19%

5

31% May 19

May

22~%

*

190

90

197k

94'k

*92 7k

111,100

90

19%

*89

•

Saturday

Shamrock

44.% May 18
8% May 2

2% Mar 31

•

28"
v

Jan

97k

9%

9%

9%

90

44 34

.

30% May 19
33% May 19

10%

60

9%

187k

No par

$ per share

24% Feb

Jan

8% Jun
11% Apr

20

115

EXCHANGE

377/e

•

145

*110

NEW YORK STOCK

Lowest

31% May

Jun

21% Aug
22% Jan

9

-

47

*143

115

*

19'A

109

STOCKS

Year 1949

*110

90

5

$4.50 preferred—

Range for Previous
Lowest

>

8,800

47%
1467k

47%
145

110

_1

Refrigerator Co
Seiberling Rubber Co.

19

May

'

93

92

287k

No par

Seeger

98% May 17

47%

47%
149

110

19

Co J

&

46,100

89

;

Roebuck

13%

100

Co

of Del

Seagrave Corp

33%

,

Jan

13%

94%

.

98

108

"

No par

preferred series A

Seaboard

May 11

947k
*97%

109

'103

100

I

Seaboard Finance

2

*92 7k

5

com

'*•' 107

107

100

'

36% Feb

13%

19'/a

31

No par

(The)

13 %

90

*89

17%

100

Co

5,300

13%

30%

17%

No par

.

42%

*146'%

9

8%

42

113%

117%

90%

*89

17%

-1.75

—

3.65%

87k

8%

8%

1137k

42

47'A

Va

110

110

70

113

42

•

10o
5

Seaboard Air Line com vtc

May 17

82

46%

347k

34'k

*113

42'%

13'A

'»

149

*107

preferred

Scran ton

29% May 19

16%

46

*145

$3.40 preferred

4.30%

Mar 27

83

47%

46

150
115

—

19

Jan

46

>107

$4 preferred
Scovill Mfg Co

20

94

13%

>145

5%

Scott Paper Co common

%

13%

vtc—100

A

'

107% Apr

41%

42%

13'/a

33%

.

113%

41%

*113

113'%

42'A

12%

Schenley Industries Inc

11

9

104 ■/. Jan

12%

Savage Arms Corp

84% Jan

Oct

42

12%

34

33%

<

34

337k
*112%

Ry Co—100
preferred
100

non-cum

34% Jan

6

41%

St Regis Paper Co common—;
1st pfd 4.40%
series A

1

34

113%

10

19% May 19

7

94

;i4

,'*12% Jan

9% May 19

series

113'A

No par

Southwestern

Louis
5%

34

112%

34

34

41%

Joseph Lead Co—
Preferred

St

May 12

93

6
13

105% Feb 20

104%

94% Jun

St L-San F Ry Co com vtc

26

29% Mar 10

98

78

13% May 19

Jan

Dec

108

90

Safeway Stores common
5% preferred
:
St

Jan

Apr
127/a Jan

Jun

46% Jan

"

7

98

Dec

May

Mar

123

31%

July
9% Jun

4

42% May 10

14

43% Jan

Mar

114

7

Mar 24

13%

87

77

A.

112% Jan

48%

35% May

13

Feb

1

Greyhound Lines-;.—5

.

South Porto Rico Sugar com-No par
8% preferred;
i25

:

36% Apr 18
13% Mar 16

Southern California Edison
Southern C.o

(The)

*40%

,25

12

12

41%

35

35'%

35

12%

~

35

35

12%

12%

12%

23 %

23%

23 %

42%

42%

42%

41%

*42% *42%

*40'%

12

11 %

12%

4274

41

42 %

41%

12%

,

5

,

11%

% *42

12%

11%

12

,

/■

,

427k

*4i

427k

4,200
800

437k

100

,35%

35 %

35%

35 7k

3574

357 k ■'35%

7,300

12%

12%

12%

12%

1272

12%

127k

57,800

*41

42%

-

'

43

;•

*

v

Jun

41

Jan

45% Jun

61

Jan

56

66% Feb

Nov

10% Jun
3% May
c: 3% July
53% Dec
21

Feb

6%
*

*:

*

64

Jan

Jan

5% Oct

1

2

59% May
65
Feb

9

5%

9

Mobile & Ohio stock tr ctfs

5

13% Feb

14

4% Jan

3

10% Feb

15

Spalding (AG) & Bros Inc
Sparks-Withington Co

18-

Spear & Co

Apr

5

Jan

3

22

Apr 17

25% Jan

3

8% Mar 30

13% Jun
1

23% Feb
loo
Apr

,

16

Feb

16

19% May 12

34

Jan

13

40

Dec

106% Jan 25
20% Jan
3

92

Dec

89% Jan 31

18% Jan

52% Dec

47% Jan

3

*

Jun

24

72

22% Nov

55

Feb

23

107

Jun

Jan

25

Jan

Dec

;

143

Feb

Mar

108% Apr
24y„ May

24

5

.

140

Jan 26

160

Jan

174

Mar 22

13

Brands

Inc

36 3,8

36%

*57

*59

60

*12

12%

11%

No par

8

8%

8%

37%

5774

60

__l

*22%

.

28%
11%

*71

: 6

57

%

*59

38%
59

23%

23

23

23

23

38%

38%

38 5k

387k

38%

3,500

547k

54 %

547k

54%

56'A

35,800

38

37%

37%

37%

38%

13,300

58

58

58

60

60

1 60

100

11%

12

12

2,100

58

58

*59%

60

*59 7k

11%

60

11%

8%

/

72

23

227%

287k

*67

12

11%

2,200

.58%

1,600

11

72

72

18%
18%
*36%
37%
*107% 108%
i.
23%
23%

.

*5%

:•

;

22

22'A

22 Vk

223;

22%

22 3k

28%

28 34

29 '

28%

28%

7,000

11%

11%

11%

11'A

11 %

117 k

11%

25,100

72

72

72

19

13%

19'%

18%

367k

36%

*107%

1087k
23%

*107%

108

107%

1077%

23%

:

18'A

*36%

37

107%

957%

•23%

23%

23%

95

95'%

Standard G & E Co $4 pref—Nopar
$6 prior preferred—
No par
,

i *71%

$7 prior preferred

No par

69% May 19

Standard Oil of California

42% Feb 14

48% May 19

Standard

Oil

of

60% Jun

74% NOV

66

76% May 19.

Standard

Oil

of

Indiana.
New

Jersey

No par

125

25

957%

957%

71%

717%

73

153"

1537k

153'A

*1537%

155

164%

165'A

1667%

*166

1677%

717k

71 %

-

%

,*163%
A
68
.

>.

73%

727%
Va

67%

47%

47%

47%

6874 V
47%

72%

73

727%

73 V4

-

727k

A

68

67%

63.

47%

47%

47%

73%

73 V4

74.%

:.

1077%

80

23%

5,500

95

72 34

757k

v

•7374
155%

1687k

170

68%

—

76%

200

2,000

48%

74%

240

11,400

69%

48%

48%

74%

:

69'A

487k

48'A

72%

2,400

95

155 Va
-

8,300

237k

737k
168

80
'

19%
36%

1077%

;/

155

168

68

67

1874

94%

*154

167%

3,000

72

36

*

108% A

233k

*

68

18%
3774

94%

v

156

*154
A 166

•

*71

23%

"

*151%

72

*71 %

.:

-18%

37

23%

100

28 3%

367%

*94%

5%

'71

28%
1174

18 3k

v-

*67

5,800

22%

36 V4

95%

71'

*67

8%

8
5% A

5%

*5%

57k
71

*67

V

71%

>

117 k

72

•

8

8

227k

28'%

11%

6
71

8%

8

285k

22%

28%

8'%

*5%

6 v

*5'%

11%

87a

12

*67

72

;

95 %

25

Jan 25

."*5%
*67

-No-par

61




36%
57

com—No par

>

Sep
45% Nov

page 24.

36%

%

37%

38%
54 7'a

•

$3.50 preferred

Mar 22

152

see

37%
53%

57

No par

70

For footnotes

38%
53%

1

cbmmon—.

36% Jun
■

7

53 r

*58%

100

Spencer Kellogg & Sons.
.1
Sperry Corp (The)
1
2
Spiegel Inc common
Copy $4.50 preferred
_No par
Square p Co
;
_5
Squibb (E R) & Sons common—1
$4 preferred
«
--No par
Standard

6

95% May 16
77% Mar 271

Dec

Jan

38

'

100

.

3*

Dec

*159%

preferred

$5.50 preferred

29% May
1
11% May 16

68

17% Apr

98% Jan

Apr 29

71% Apr
18% Dec

82

103 :

7*' Feb
71

37%

'

non-cum

*23

38%

53%

38%
54%

22

23%

23 %

38

52%

'

5

10% Mar

South Ind Gas .& El Co com.No par
Southern Natural Gas Co,—
7.50
Southern Pacific Co
:
No par
Southern Railway common—No par

1

38% May

60

29% Mar

8
11,

1

54

Oct

26

'

Apr

59% May
11% Jan

May

73

22% Jun

6% Jun

13% Jan

,

23% May

16,400
-

.

28.000

.36,000

.

Volume 171

Number 4909

.'..

The Commercial and Financial Chronicle

(2115)

NEW
Range for Previous

STOCKS

Year1949
Lowest

20

$ per

Jun

27%

Oct

102%

Dec

Highest

253% Jan
101

V

4

Feb

12

Jun

20 %

Dec

183/a Jan

24

40

Jun

48

Dec

48

Jan

6

X27

Jun

38%

Jan

26% Mar

1

10

July

13

Jan

12 3/4 Jan

13

35

Oct

41% Aug

36% Jan

52

May

Standard

15

*

4%

Starrett

Jan
Jan

33%

Dec

14%

Jan

213/a Apr

21

Jan

Dec

12 % Apr

14yB Jan:

7

18% Jan

4

*

Jan

13%

Feb

6

15 %

Jan

18% Dec

17% Mar 16

12 %

Feb

213%

Dec

20% Jan

23

Dec

16 J/2

Feb

28%

Jun

52

26

v

43

Dec

*

6%

Feb

90

/

Jan

52%

Feb'

117
9

95% Jan

Oct

122

551/4 Feb

14

3

101

1

Apr

11%

Dec

10% Jan

25

July4

15

173/4

Jan

163/4Jan

30

22

Jan

25

23% Apr

4

Jan' 25

63% Apr

11

16%

Jun

21%

Sep

19

36%

Feb

60%

Dec

55

7% Mar

12 y«

Sep

127

Jun

227

14

195

Jan

284

3

Feb

11

106 %

Dec

108%

Dec

107

Jan

4

112

7%

Feb

113/4

Nov

10y8 Jan

4

Jun

36%

Dec

34

Jan

13

91/4 Jan

8%

Jun

12

Feb

Aug

24%

Jan

Sep

89

3%

Jun

42 ya Mar 16

13%

California

25

50

12 %

12%

12%

10

*39%

40%

*39%

40

100

*110%

*110%

112

(The)—4.16%

*12%

12%

25

36%

36%

16

May 17
12

74% May 19,
27% May 19

,L

•'

Texas GiAf
Texas

Pacific

Dec

533/4 Jan

Dec

44

14

53% Apr

11

Texas &

11%

Jan

10% Mar 23

12% Jan

31

Tetion

13% July
43/4 Mar

15%

Jan

14% Jan

16% Jan

31

83/b

Nov

71/4 Jan

14

Apr

1

25 %

Apr

32 y4

Aug

30i/4 Jan

43

Apr

1

Dec

14

13% Jan

17

65% May 19

133/4 Jan
5% Jan
363% Jan

7

Mar

6

42

May

4

share

Sub

Land

* 18 %V

3% Mar 27

5% Feb

6

42% Feb

$2.40

Fair

Co

25]/2

Jan

Jan

3

107%

Dec

105% Jan

5

29
May 19
106% Mar 21

17% May 15
38

Apr 22

(The)

Lowest

.

$ per share

Jan

16%

Dec

1434 Jan

13

Jan

17%

Dec

16% Jan

3

20% Apr

11%

Jun

!

16%

Feb

15

7

18

9%

Dec

8% Jan

13

•

108%

Oct

104% Jan

s3

.

19

May 11
Jan

8

11

6%

Feb

98%

Feb

9%

Aug

15%

Jan

10

3

12% Feb

18

19 Ve

Jan

25%

Dec

20% May 17

25 % Jan

6

36% Jan

10"% May 18

Sep
Jan

10 %

Nov

100% Apr
81/4 Jan

18

4%

Jun

34%

NOV

291/4 Jan

18

4'%

Jun

6%

Jan

4% Jan

3

8%

Jun

10%

Dec

10

Feb

21

12

39

NOV

46

Jan

41% Mar

7

47

10%

Feb

12%

Apr

12

Jan

3

19%

Jun

31%

Jan

263,4 Jan

13

33%

Jun

24

*12%

*6%

634

6%

61/2

*6%

18%

18%

18%

18%

18%

5

103

Jan

5

13% Apr 13
39

Apr

7% May

12 Ve

6%

67%

68 Ve.

68%

68 3%

68%

683/4

69%

18,100

x20%

21%

20%

21

21

213/a

21

21%

11,400

73%

73%

73%

73 %

73%

73%

74%

733/4

74%

3,600

26%

26 %

26%

26%

26%,

26%

27

26%

273/a

26%

27%

22,700

63%

68

>:
'

64

63%

63%

63%

64%

64%

65%

52%

52 %

52%

52

52

52

52

1,100

11

11%

113/8

11%

11%

11%

113/8

11%

5,100

15%

15%

15%

15%

15%

*153/8

153/4

153/4

153/4

*15%

153/4

400

5

15%
*10%

10%

10 Ve

10 %

9%

10%

4,700

34%

34%

34 %

34%

34%

34%

*12%
6%

1

63%

*41 %
*3%
20%
6%

,<■

*12%

13

13

41

42

41

6%

..V 4

*6

36

52%

*100
4

■

*35%

26 %

26%

26%

26%

106%

*106%

1071/4

*106%
*105

105ft 105ft

-

ft

*105ft'

17i/4

16%

17

37%

37%

37%

37%

*ۥ

*

v-

/:>'>
LOW AND

Saturday

Monday

May 13

May 15

'

-

16% ,16%
X3 6%
373/i

:f

STOCK

27%
107

HIGH

*6% r

4VH

3%

4

*105

*35%

28 %

*106%

28 Ve

106%

107

20

1,500
36%

800

29

20,700

106%

110

*105%

ft

16 3/8
:

3,100

31 Ve

10

163/4.

17

37%

16%
373/4

373/4

32,200
5,600

}
>•.;,/■'

Friday

Sales for

May 19

the Week

Thursday
May 18

May 17
*

$ per share

Shares

share

$ per

share

$ per

$ per

share

18%

18%

19

18%

19

18%.

19

18%

18%

14,100

19%

19%

19%

19%

20%

20%

20%

18%
19%

19

19%

20

19%

192/4

12,100

No par

*16%

17%

*16%

17

17

17

17

17%

*16%

*16%

171/4

400

10%

49,300

10%

No par

IO91/4

5

11%

12

20th Centrny Fox Film com__No par

21%

21%

Co

10%

'•

10%
109%

109%

share

1.0%

12

12

12

12%

21%

213/e

110%

12%

12%

12%

mi

15,500

20%

21

20%

21

16,200

35

400

*34

34%

34%

34%

34 %

102

w', *100%

10%

10%

•103/4

102
io3/4

*100%

11

10%

10%

33%

33%

33%

33%

33%

.33%

34

34

6%

6%

6%

6%

6%

6%

prior preferred——50
Co

1

34%
102

150

12%

*20%

*34%

110

21%

*34%

*101

*109%

110

12%

-

*100%

34%

10%

10%

110

20%

21%

No par

preferred

17%

10%

10%

110%

10%'
110

21%

.1

$ per share

$4.50 prior preferred
No par
Twin City Rap Transit corn—No par

Udylite

4V«

36%

28

•

100

53

100

18%

f per

10%

5

6%

52%
100

*35%

Wednesday

May 16

*6%

6%

523ft

1003/a

5

109%

Coach

500

5,100

2

—

10%

Twin

3%
22%

PRICES

SALE

Tuesday

180

3%

22%

52%

37

*106%

41%

3%
21%

*100

4%

?

3,700

*3%

52%

27%

27%'

16%

41%

100%

4

36

107

16%

417/a

7

21%

3%.:

H

36%

26%

106%
*105ft
16%
37%

41%

260

13

6%

9%

52%
*100

100%
t; 4

63/4

20%

*6 V4

6%
52

52

100%

-

;

6%

41%

*41 Ve

■3%

*6

6 %

10Va

6%

20%

4

No par

*12%.

3%

36

5

13

20%

3%

;

*127/a

3%

36%

par

13

6%

20%

3%
*35

par

*12%

3%

52

'

34%

20%

*100

No par

34%

5,500

,103/8

35

3%

52 %

com_L.No par

10%

*34V2

63/4

41

41Va

10 y4

35

20%

4

20%

100%

Axle—

Corp

6%

10%

9%
*34%

'

13

*12%

6%

6%

6%

*109%

6

1,100
3,700

67%

1

conv

.700

6%
19%

21%

52%

$6 preferred

5%

12%

6 Ve

51 %

Tri-Continental Corp common

13

12%

*18%

19

73 %

*99%

i

YORK

conv

<

63/8

19

21'/a

100

Trapsue & Williams Steel

$1.50

12%

6%

19

63%

15

Truax-Traer Coal

123/a

11%

Par

110% May 17

7

3,900

52%

Transcont'l & Western Air Inc

5

34% May 17

v

98%

Dec

12%

6%
18%

com——5

new

Bearing

Transamerica

IVe

9,900

63 %

$ per share

10
10

7

13,700

*■

37%

67%

EXCHANGE

Highest

7%

v

23 Vs

11

pfd called at $106—-No
$3.75 pfd called at: $105—_No

NEW

7

1,200

*51

$3.75

Jan. 1

7

12%

67%

63

■

Dec

700

>

14%

37%

:

■> STOCKS

Range Since

12%

73%

Tide Water Associated Oil com—10 '

Range for Previous

36%

123/s
37%

11%

s

preference

Roller

12

1

preferred
Thompson-Starrett Co

Timken

12%
37

37

<52%

common

Timken-Detroit

*12%

11%

4%

105ft May 15

37

*50%

Thompson (J R)

$3.50

12%,

36%

No par

,

——

Thermoid

12%

36%

No par

preference

conv

12%

36%

No par

preferred

conv

*12

21%

1

Thatcher Glass Mfg Co common.

6

37%

2,400

112

50c

Thompson Products

2

321% Mar 27

103

*110%

/

100

Ry Co

common

53% May

33% Mar 17

Jan

112

2,000

13%

40%

67%

26

1

100% May 12

4

10.5 ft May 15
14% Feb
3

32%

*110%

276

12%
*39%

21%
73%

10

f

Oct

Jan

*110%

112

13

40%

Trust—

$2.50 convertible preferred
50
tThird Avenue Transit Corp_No par

Mar 20

Dec

Mar

112

*110V2

13

;

No par

Thomas Steel Co

5

6
Apr 23
5iy4 May 12

$. per share

*393/4

•

'

—10

certificates

Pacific

Inc

$1.25

The

6%

22% May 19
7% Jan 10

33/8 Jan

17i/2 Jan

40

share

40

;

12%

5

Pacific Coal & Oil

58 3^

•••'

5

Texas

48

•

9

-

Producing Co
Sulphur

Gulf

Feb

3

'•

I

Go■%■---%,;

■Texas

Jun

3

1

(James)-

Telautograph Corp
Tennessee Corp

Jun

Highest

276

131/b

40

*12 Ve

18.

m

v

Talcott Inc

8

Lowest

275

12%

39%

12%

Symington Gould Corp—

33%

$ per

x272

12%

39%

*12%

1

Co

36

Year 1949

274

273

12%
'

12%

Swift &

Texas

43% Mar

277

273

12%

340

Nov

Nov

275

8,500

26%

32%

274

7%

Jun

Jan

278;

863/4

69% May 19

19

1,300
11,400

863/4

22 y2 Apr

Jun

11%

86 %

19

3

13 Ve

5,300

57%

11

86%

25

22

22%

57%

11

85%

13,

102% May

22%

57%

10%

.

85%

591/4 Jan

43/8

223/4

57%

11%

85%

15i/aJan

2% May

22%

57%

10%

078

69

23'/a May
19% Jun

22%

57%

11%

.

85%

Dec

94'/2Jan

22%

57%

11%

6%

Nov

Dec

23%

56Va

86%

Nov

Mar

22 %

r

6%

70%

9

11%

36,400
3,400

86

65%

95

57%

11%

120

'
'

6%

18%

Apr

23%

57%

133/8
13%
21% " 21%

87%

Jun

Nov

13%
21%

*6%

Jun

6

13%

21%

*86%

5

7% Mar 30

Jun

84%

13%
21% '

14

11%

Oct

13%
21%

22%

48%

Jan

13%

22%

112

120%

21% i-

11%

—

120%

1

Corp

preferred

120%

i

58%

100

4,500

623/4

13%

11%

4,600
r

61%

21%

58%

2,300

10%
100%

623%

13%

22%

56%.

10%,
*99

*120%

120%

400

15,300
54,500

35%

62%

21%

12.50

*273

56%

10%

100%

13%

—10c

Co„:

*120%

v

56%

10%
*99

21%
■

Paper Co

Steel

Sutherland

4%%

13%

21%'
22%

►

63

1201/4 -120%

3,600
•

14

56

Jan

120 %

63

56%

10%*
99

63%

63%
-

56%.

10%
99

223/4

22%

3

7%

63%

33%

99

17%

14

Jan

41 y2

63 %

*120 %

/

55%

10% '■ 10%
*98

13

17%

22%

Jun

20,

63 %
120%

,.*21%

of

10%
99

63%

1

Oil

10%
99

*120%

-,-100
1

>

.10 %

>

12%.
22%
3434

'

22%
347/a.

14'ft

133,4

Jun

56

<56

100%

,

*99

34

13

4,600

10,200

23

7% Apr

Jun

56

*-10

'•/

80
-

18%

14

10

Mar

57

*54%

•

8,100

221/2

43/4 Apr

1%

54%

No par

32%

13

'22%

22%

17%,

*17% V173/4

■

21%
33%

■

500

37%
100

32%, .,32%

32%

■17% " 173/4

■

131/4.
17%:,

-

*17%

' 4

32%

*99

14'%

Dec

14%

341,4

-.

17%.'

37%

100

23

6%

35

33%

32%

,

32%,

•

37%

*99

13%

Jun

Oct

33%

1

17%

k

22%

23/4

Jan

32 %,

—L

13%-

373/8

,

32%

21%'

Sunshine Biscuits Inc

•

6%

21%

200
700

143/a

14'%

6

18

12% Feb

Jun

*17%

21%

143/a.

23

9

43ft

17%

21%

14%

-

6,100

50%
29

13%

113/4 Jan

12

13%

17%

21%

29

'

37%
100 '

17%
13

„

*49%

29

22%

Dec

Feb

13%

17%

21%

common

Mining

18%

.*17%

preferred series A
*
25
4%%" preferred series B—25

Sunshine

32%

No par

'

preferred

Corp

13%

32%
.17%

/

*99

50%

*.283'8
14%

13,200

233/8

14

3

201/4 Feb

Oil

13%

18%

37%

-

100

23 Ve

23%

12%

•

*13

32%

17%

*99

——__20

preference

4%;%

32%

32

;i8%

17%

..

•

37%."

x37%

99%

23%

*49%

-

Shares

28 3/s

1023/4

13%

88 y2 May

Jun

16%

31%

5

'•

.38

,

99%

28

*102

"102%

23%

14%:

14%

.

*102

22%

26% Apr

Jan

15

38

%"

'

29%

*

Sales (or
the Week

Sylvania Elec Prod Inc com__No par
$4 preferred
No par

15% Mar

9
4

17

38

>100

14

49%,

29

f

Friday
May 19
$ per share

27% .,28%
'

23%

49%

50 %

291/4

•'14%

28

102%

231/4

•

■

Swift International Ltd

3

Jan

5% Jan

Nov

38

50%

14%

27 %
*102

23%'

'

*28%

29

*13%

27%
102%

x23%

50%

28%

14%

*99

23%

share

per

Sweets Co of America

9y8

18

*13%

27%
*102

Thursday
May 18
$ per share

May IT./

share

Apr
4
37% Mar 23

193/a Jan

Majr

Sum ay
4%%
■

Mar 13

79

63% Nov

Class A

29

5

Co Inc

.

9

13

27%

93/4 Mar 30

*49%

Chemical Corp common-1
$4.50 series A preferred—__No par
Sun Oil Co common
No par

Superior

38

50%

29

Sun

;

Superior

Dec

*49%

-.100

Corp___
Sunbeam Corp

2

Jan

41%

&

28

23%

Wednesday

May 16
$ per

102%

23%:

1

common—.

Studebaker

8

143/4

Jun

17%

prior

May

Aug

76%

5%

13% May

8%
30%

P)

X27%
*102

50
J.

,

preferred
(J

102%

23%

—No par

Inc

Stone & Webster____

4

May

11% May 11

8 3/4 Mar 30

Dec

Apr
:

L 3

Stores

28%

*102

HIGH SALE PRICES

Tuesday
-

$ per share

1

common

preferred

(The)

28%

100

Stokley-Van Camp Inc common!—1

9->

Jun

Co

Stevens

18

Jan

Spring

May 15

* per share

10

common

Stewart-Warner Corp

64% May 12
X122

Steel

Bros

3% %

Mar ,%.■

10% Apr 10

15

118% Jan

'•>71

.

20

Dec

66%

Jan

% Apr 26

8 3/4 Jan

Sep

7

.35% May 19

13

Oct

9%
96

Mar

V 23% Apr 27

13

Jan

100

Ohio

Sterling Drug Inc

9

Jun

30% Apr 27
12 \ Jan.
3

34% Jan

9%
9%

100

of

convertible

Sterchi

10

94
24 %

Far
Oil

Standard

28

LOW AND

Monday

May 13

'

preferred series A_

5

Jan

393/a Feb

21

3%%

2

32% Jan
'v

27

98

28% May 12

•'

v

■

103'/4 Apr 24
24% May 8

21

RECORD

Saturday

EXCHANGE

$ per share

$ per share

.

>'*.

'

STOCK

NEW YORK STOCK

,

*

Lowest

share

96% May

Since Jan. 1

Range

v

Highest

$ per share

YORK

6%

102

*34

34%

*100a/8

102

*100%

1013/4

10

*10%

11

*10%

103/4

300

33%

33%

*33%

34

680

6%

6%

6%

6%

6%

2,800

U

45%

Dec

41% Mar

107

Jan

112

Aug

94

Jan

96

NOV

96

86 %

Jan

94

Aug

25%

Jun

32%

Sep

30

90% Jan

30

97

24

107

Jan

24% May

Jun

89%

Jan

Apr

51%

Feb

30%

Dec

363,4

Jan

20 y8

July

27

Dec

25% Jan

2

823% Jan

25

50

Jan

9

31

May 12
13

106% Jan

3

Jun

IO91/4
143/4

Oct

IO14

Oct

13% Jan

25

61%

Jan

85%

Oct

80% Feb

19%

Feb

31%

Dec

Jun

106i/2

Dec

43%

jun

93/4

Oct

29%

Jun

.38%

Jan

51

Jan

48

103

30% Apr

2

103

Jun

Apr
13% Jan

111% Feb

73 J/4

1041/4

9

28

7

Apr 28

106% Jan

3

May

19
10

13

May 10

113% May 19
100% May

Apr

Underwood

(/Union

Rubber

&

11%

11%

11%

11%

11%

45

45

451%

45

12%

12%

12

12%.

Union Bag & Paper

No par

50%
*112%

113

*112%

113

*100%

102

*100%

102

&

$3.70

series—No par

10

Preferred

$3.50

series—No par

Preferred

$4 series

l

5%

33

Mar 29
Feb

51%

32

Corp common
5
convertible preferred—100

30%

30%

30%
*108%

110%

Air

4%%

Lines

$4.50

Inc

preferred

common—10

——100

—

of America

*109

16%
*85%
28%

—No par
Corp—10

preferred

No par

*107%

112

16%

16%

87

87

28%

28%
109

*107%

86

86%

51%

51%

31%

31%

30%,

303/4

31%

87%

9%

*9%

9%

93/8

39%

39%

39%

*39%

Apr

28

United-Carr Fstnr Corp new_No par
United Cig-Whelan Stores com—30c

*27%

28%

28

28

*27%

$3.50 convertible preferred-—100
United Corp (The) without div—1

*42

3%

Oct

2% Mar 29

4

Sep

41% May 16
33/e Jany 3

50

3%

Dec

Dec

45

Jun

141/s Aug

70

Dec

8% Jan

61% Apr

11

29

Apr 17
Jan
Mar

12
3

4% Mar 17
12

Mar

6

78% Mar

6

7Vo

16

18%

Dec

40y4 Jan

13

46% Mar 28

Jun

55%

Dec

53y2 Jan -13

Dec

62% May 17
19% Mar 22

United

19%

Feb

9% Mar

Mar 29

17% Feb

17

26%

Dec

261/4 Jan

13%

Sep

11% Mar 30

27

United Electric Coal Cos.—

United Gas

14% Jan

United

9

<19%

Jun

17% Mar 30

24

Jan

3

19

Jun

25%

Dec

17

23% Jan

12

Feb

30%

Dec

27% Jan 25

•

18%
94

Mar

Dec,

102'A Nov

100

Mar 30
Mar 18

12%

Jun

173/4

Jan

15

x89y4

Jun

116%

Dec

110

Jan

23

Jan

187

Oct

175

6%
43

Jun

May

17%

Mar 31

U

182% Jan

4

Sep

8'/2Jan

3

11% May 16

46% Jan

4

54

22

Mar 11

28

Apr

26%

Oct

3%

Jun

9%

Dec

Jun

30%

Dec

281% Jan

:

11%

Jan

161%

Oct

15'/a Jan

8%

8% Jan

189

Mar

2

52%

73% May 10

8% Jan

9

38 i/a Mar 23

49% Jan

10

Jan

72

693/4 Mar 21

74

Dec

For footnotes see




page

24.

May 10

S

1,300

16%

10,500

88'/a

88 Ve

100

29%

293%

1,900

*1073/4

109%
9%

8,200

40

40%

4,000

28

28

28

27%

27%

300

3%

13.600

3%
43

3%
43

3%
43

9%

3%
42

42%

670

/

4

4%

4

4%

4

4%

112,600

9

>>

9%.

8%

9%

8%

83%

1,200

65%

66 %

'

*64

65%

67

70

67

18

18

18

18

18

17%

17%

*17%

17%

2,000

43%

43%

43%

43%

43%

43%

43 3/4

43%

43%

1,200

60

60%

61

62%

63

15,400

18

17%

18%

17%

18%

18 %

18%

30,200

273/4

28

27%

28

17%

17%

*431/8

59%

59%

59%

60

18

18

18

18%

"17%

62%

63

62%

13%

13%

13%

13%,

13%

13%

13%

13,500

18%

17%

18%

17%

18 %

19,900

of

Theatres

Gypsum Co common
7% preferred-

preferred

Leather

4%%
U

293/4
103

■'

109 V*

16%

16%

13

U

Apr

*10834

109

89

1,500

13%

18

40% Jan

25,100

13%

9

Jun

38

313/a

13%

Inc

S

A

303/4

13%

Mfrs

&

Paramount

Lines

68%

1,000

31

1

Merch

1
—1

S

67

29%
TO73/4

32 %

28%

No par
No par
No par

Class

',

16%
*86

51%

32%

28

3

4

68

109

51%

28

U S Industrial

Feb

68

30%

51%

32%

10

*27%

8%

43%

17%
*43

6,400

51%

27%

interest

S

4%;

86%
*32

21 %

—

U

08%

4

8%

21,600

87%

40

3%

4%

26%

86 %

93/4

*42%

8%

26%

86 34

39%

3%

4

200

26%

9%

42%

8% :

>>

107

26

27%

May 1
16% May 6
49% May 19

10

*66%

4%
9%

106

106%

340

560

40%

3%

42

953/4

9%

9%.

41%

3%

42

106%

95%

953%

27%

Securities
$4.50 1st preferred
S Freight Co

4%#>

4

*8%

3%

3%
43

29%
109

"

27%

U S Hoffman Machinery com

Mar 29

3%

17
90

.

1133/4

103%

10
Improvement Co—13%

Certificates

U

Jan

5

No par

Co

U S & Foreign

18% May 19

10%

15%

United

133% May 17

57

>

71/4 Jan

33% May 17
105 % May 17

_5

Engineering & Foundry
Fruit

1
100

United Gas Corp

29% Apr 18

26

—

Dyewood Corp common

United

July

X44%

Jan

42 3%

16

Co

preferred

,22%

Jun

34%

Carton

&

Carbon

United

3

19% Mar

United

109%

*95

113%
*101%

,

1,400

30%

28%

3

47%

91/4

*107%

40

Jun

Dec

29%

28%

9%

Jun
Jun

*86

109

39%

21/4
31/8

16%

17%

-No par

4oy4

3%

*109

111

United Board

27,100

96

32%

10
May 18
40% Apr 10

503/4

50%'

50%

86%
51%

Jan 25

7% Mar 28

11,800

103

31%

34

29%

113%

26

26

,

29%

50 %

26%

28%

4,400

100%

106%

*107%

2,600

12%

113%

253/4

X87%

28%
109

11%
453A

12

50%

*105%

16%

11%

45%

103

105%

*109

16%

87

102

30%

31%

Aircraft

•

113%

113

51%
::

45%

*100%

50%

50%
113

95%

85%

51%

32

:

I21/0

29%

29%

105%

85%

51%

29%

96%

25%

11%

12 ;

29%

29%

12%

953/4

26',4

85 %

85%

*100%

106

25%

31%

United Biscuit

28

*105%

26%

113

96%

*31%

United

88% May 19
110

85

96%

96%
106

50

50%

*51%

United

Mar 20

50

50%

50%

No par

31% May
17% May

26 %

non-cumulative preferred__50

4%

Union Tank Car Co

112

*105%

—25

Union Pacific RR Co common

25

*96

No par

Union Oil of California

34% Mar 20

1

29%

29%

29

29

No par

Carbide

Preferred

5

29

Corp

Carbon

Union

11%
453/4

12

.

45%

11%

11%

45%

12%

45%

11%

44%
*12%

5

89% Mar 16

52% Feb

Corp

Asbestos

Un El Co of Mo pfd $4.50 ser__No par

May 19

27% Jan

1
No par
Co__—5

(The)—

Corp

Chemicals

Co

conv

Co

common

preferred
common

preferred

Pipe & Foundry
U S Playing Card Co

Co

18%

18%

18%

18

18%

183/a

18%

17%

18%.

32%

32%

33%

33

33%

105%

*104%

105%

*104%
18

No par
No par

10
20
10

18%

18%
12

*130%

1

181/4

18%
32%

20
100
5
-100

No par

18%

18%
32

188%
9%

105%

*104%

18

*17%

17%

18

132

130%

131%

132

*187%

188 %

188%
9%

9%

9%

*187%

9%

18

132%
188%

105%

17%
132

*187%

105%,
18

17%

32%
*105

18%

133%

1313/4

188%

*187%

11%

11

11%

52

51%

53

26

27

27%

10%
*52

18 %

33

105%

17%
32%
*105

6,000

18 %

7,600

33%

10,200

105%

50

18%

18%

2,300

133

132%

132 %

3,300

188 %

188%

18%

188%

120

11

10%

11%

9,500

53%

53

53

26%

26%

27

640

52

52

52

26%

26%

25%

26

15%

15%

15%

15%

15%

15%,

15%

1534,

15%

16

15%

16%

11,800

46%

46

46%

46%

46%

47%

4734

47%

49

48 34

49%

3,000

16%

16%

16%

16%

163/4

16%

16%

16%

16%

16%

16 %

*50%

*46

16%

*8

8%

*8

8%

40

40%

40.%

40%

74

73

73

*72

X52

25%

*8

8%

*8

8%

26%

*8

40 %

40%

40%

40%

40%

*71%

72%

\ 72%

72%

*72%

8%

40%
74

*8

40%
*72%

3,300

6,400

8%

40%
74

4,300
.

200

23

24

The Commercial and Financial Chronicle

(2116)

NEW

YORK

STOCK

Monday, May 22, 1950

...

RECORD
•

STOCKS

Range for Previous
Lowest

Highest

t per share

t per

$ per share

20

U 8 Plywood Corp common.
3%% preferred seriea A—

3

44% Feb

10

U 8 Rubber Co

82

93%

not

95

Feb

43

Jan

37% Jan

133

Jan

126% Jan

18

Jun

33%

46%

Oct

62

Jun

129%

Apr
Mar

72

Oct

20%

26%

Deo

140%

Jun

28

68% Mar

13
4

7%

6

22

Nor

20% May

4

22

Jan

44%

Sep

41% Jan

8

44% May 19

4%

Feb

6%

Not

5% jan

26

6% May 19

Jun

11% Not

10% Feb

•

Apr

92

Deo

4

Jan

Jun

91% May

3

3% Feb

7

21

Feb

27%

Oct

12%

Jun

17%

Jan

15

3%

Feb

170

Feb

12%

Deo

Jan

64

Deo

43%

17

Jun

7%

Jun

6% Apr
x25

16

15

Aor

20% Feb 14

11% May 17

Feb

10

20

•

Jan

12"% Jan

Jan

25

Oct

20% Jan 26

/

97% Mar

'

:

85% Mar

•

97

Dee

••

-98

Dec

-47

Dee
Dee

11% Jan

Jun

82%

-

10

Jan

79

Jan

20

Jun

118

Dee
Feb

Y

14%

Jan

26

Jun

104

—

20

May 15

,

Jan

27% Jan 26

Apt

26% May

5

33%

Oct

31% Jan

3

27% Apr 11

Mar

30%
32

Apr

30

Apr

31

Jan

45

Jun

60%

Jan

48

12

Jun

14%

Sep

Jun

31%

not

May

105%

Oct

11

2,000

700

20%

*20%

20%

:20%

20%

20%

20%

44%

44%

44'/»

*43%

44%

44%

44%

6%

Y 6'A

6'A

6%

6%

6%

6%

1,500

11 %

11%

11'A

11'A

11%

11%

4,200

97%

*93%

97%

6%
11

11

*93%

97

11

*93%

95

*93%

97%

380

i

3%

3%

3%

3%

3%

3%

3%

25%

*24'A

25%

*24%

25%

*24%

25%

1

*17%

17%

17%

17%

17%

17%

17%

17%

17'A

17'A

17%

17%

600

1

5%

5%

5%

5%

5%

5%

5%

5%

5%

5%

5%

5%

10,000

No par

*24%

Laboratories Inc____
com

preferred

8%

100

*47%

Vanadium Corp of Amerlca__No par
Van Norman Co
_2J50

*
V

—10

8%

14

25%

25%

Vlcks Shreve & Pacific Ry com_100

5% non-cumulative preferred_100
J *100
Victor Chemical Works common
5 >
51

23

3%%

preferred

100

Va-Carollna Chemical

com

*100

105

105
51

100

*99

i
'

116%
104%

*20%
*30%
*26%
*34%
*34%
*35%

10

8%
93%
20%

*115%
*103%

100

Mar 23

*100
50

<

8%
*92%
20%

8%

8%

8%

4 <'/«

47 %

47'A

47'A

47'A

47%

46%

26%

8%
93%
20%
*115%

21%

;

1

104

£2QMt

31

:

y2^%

105

.

106
*100
106
' 49%
49%
99%
99%
8%
9
"
94%
95%
*
20%
20%
*115% 116
*103% 104%

26%

26%
*34%
35

26%

51%

*50'A

51%

35

;

x25%

,

.

■

8%
95

8%

v

2.300
20

100

95
Y 21 V • 21
.116% 116%
*103%

19.100

■

2,600
8,100

i

50

104%

60

*20%
30

21%
30%

30%

*20%
30%

26%
34%

:

35

27%

27

27%

27%

27%

3,500

34%

*34

34%

34%

34%

200
130

*20%
30

35%

.

21%

22
.30%.

35
37

*35%

800

3,700
4,300
60

106
51%

:

:

.

V
.

*100
51
*99%

•••:- '

;

9,100
2,900

,

32%
14

13%
25%
26
.*100 ,106

25%

103
-103 Y
103 Y 103/;
*100
106 '
*100
106
50 Y 50% v
50% '50%
*99% 100
*99% 100
8%
8%
8% Y 8%
95
95% • •
95
95
20%
21
20% Y21
.116
116..
116
116•
*103% 104%
*103% 104%

220

29% :
11
Y

32%

,

70

7,100

47

10%

.

1,300

8%

Y 28%

*31%. 32%
14
.
14,

:

^

21%
30%

35
37

36

25%;

*20%
30%

37

v

25%

21%
29%

26%
*34%
34%
*35%

27
35

13%

26%

27%: 28%.
10%
10%

27%...
11% *
32
14

Y

100

174%

*172

173

172

27
10%

Y-- *100
'

:

174%

32

26%
11%

,

13%
25%

10550%
99%
8%
>96
20%
116%
104

24%
*172

32%
13%

2f.%
11
32%

-

26

25%

-

-

>

*99

No par

div partic preferred

6%

11

*100

8%

10%
11
X32%
32%
13%- 14

33

13%
.

8%

48

26%

26
10%

*10
*32%

*

2.50

-

26

.

*47 %

48

83/4

4,100

24%

*24%

24%
173 %

8%

'

24%

24 %

24%
172%

8%

8%

8%

24%

24%

174%

*24%
*172

174

1

preferred

3%-

24%

174

100
com

4

Apr 24

23% Mar

2,100

3%

Virginia Elec & Power Co com
10
$5 preferred
100
104% May 11'
$4.04 dividend preferred
_100
22% Feb
7 i Va Iron Coal & Coke 4% pfd
25
31% Mar 7
Virginian Ry Co common
25
30% Feb 17
6% preferred
25
37% Apr 13
Vlsklng Corp (The)
5
36
May 18
Vulcan Detinnlng Co common
20
36
May 17
1% preferred
20

Y Jan 17

32%

Nov

25%

—

23% July
33%

Dec

28

Y'\

144%

*24%

4

Jan

144'/a

3%

May

22
117

144'A

24%

Apr

96% Jan

18% Jan 18
Jan 18

Jun

100,800

24%

Van Raalte Co Inc

/

9% May 15

'

33%

3%

Vertientes-Camaguey Sugar Co

Jan

9,400

63

32%

Y

25%

Vick Chemical Co

101

143%

144

y

40'A

63

62%
32%

144%

144

Y

39%

39%

62

32%

€3%
33

1.430

Ht

%

6%

*93%

39%

62 '/a

32%

8,000

3%

4%%

51% May 19

Jan 27

118

15%
113%

96

*

10

43%

jl30%

Yy 129

130

10,600

97

42%

42%

129'A
Y> 37%

29%

*96

97

42

H CO O

28%

29 'A

*96

-

Shares

Sper share

share

29

„

20%

21
4*»

10%

103

6% Jan 27

5

100

11

14 <"4

144 y2

*6%

6%

6%
*10%

101

.96%Mar22

'

Jan

Jan

144%

*44

-

.;./

29%

*24%

27% Apr 18

x44%Marl5

91

98

8

Jan

32%

20%
-

37%

63%

*93

5

No par
2

34% May 10
14% Jan
9

3

33% Jun

85%

preferred

!••

39%

62

31%

the Week

50

8%

29% May 19

9
Jan
3
24% Feb 23

convertible

2d pfd

non-c

Universal Pictures Co Inc

2

61% Jan 27

25%

Stockyards Corp

Universal Leaf Tobacco

0

46% May 19

44

39%

62
31%

share

42%

129%

129%

62

20%

43%

:

1°9

$ per

Universal

May 13

,

11% Feb

144%

20%

42

Sales fo»

May 19

May 18

97

•96

43

31%
;

28%

•

97

42%

39%

y

Friday

Universal-Cyclops Steel Corp

17

Jan

174

t

27
13%

.

$6

*143%

25
1

United Wall Paper Inc common
4% convertible preferred

9

11% May
Not

>

,

Y

Nov

20%

Jan

8% Apr

161

Jun

Mar

7

26

100

29%

*96

12-"/.

t per

share

29%

43 Y

33%
,

31%

preferred

96%

42%

128%

64

31%

30

96%
<

39%

*62

■;

Y'Y

29%

97

No par

common

United Stores $4.20

3

29%

39%

50

non-cumulative

United

17% May 11

22% Mar 13

25% Sep

19% Jan
156

11

50

preferred

7%

4% Apr 24

3

4% Feb

9% Sep

Jan

21

27% Jan

Mar 30

24

129%

D S Tobacco Co

Jan

2%

128%

$ per

$ per share

42%

Feb

18%

8V2

42%

No par

38%

80

<>96%

.100

1st preferred

non-cum

t per share

-10

U S Steel Corp common
1% 'preferred

11% Apr
100
Jan

May 17

.100

common.

May 11

145

May 16

29%

U 8 Smelting Ref & Mln com

33% Apr 25

Jan

139

Jan

8%

133% Mar 2
40% Jan 20

33% Mar 31
57% Apr
25% Jan

May 15

''

■

.

'

Thursday

Wednesday

1

'"J

'

Tuesday

May 13
Par

i

'

PRICES

SALE

Monday

EXCHANGE

18
11

Dec

AND HIGH

Saturday

r

31% Apr
97% Apr

30

112 V4

LOW

STOCK

YORK

S per share

share

24% Mar 27

19% May
•
Apr
31% Aug

NEW

Range Since Jan. 1
Lowest
Highest

Year 194!)

*35

36

36

*34%

35%

36

36

*35

37

*35

37

51

51

51

*50%

13

*13

1,600

10

W

25%
101

21%

Jun

6%

Jun

12% Apr
101 %

9%

31

32

Waldorf

10

Feb

4

105% Feb

May 12

Wabash RR 4%%

7

14% Jan

18

x29% May 11

Deo

33

60% Mar

17

Walgreen Co
4%

39% Apr

13

4

9% Apr

4

Walworth

1

Jun

17%

Dec

15% Apr 24

Jun

101 %

Deo

97

Jan

16%

Deo

12% Mar 18

16% Jan

24

Jun

30 %

Deo

28

38% Feb

6

Warren

20% May 6
26% Mar 24

Warren

; Jan

19% Feb

16

May

105% May 16

3

14

Jun

22%

Jan

15% Feb

14

23%

Jun

25%

Dec

24'A Jan

28

11%

Jun

14%

Sep

xl3

Feb

27

16%

Feb

24%

Deo

19

11%

Apr

17%

Not

13% Apr

3%

Jan

6%

Oct

,

5% %

*13

13%

13

13%

600

29%

29%

29%

29%

29%

29%

29%

1,300

*101'A

101%

*101%

101%

101%

101%

101%

101%

90

37'A

36%

X3G%

37%

37%

37%

6,900

8%

8V2

8%

8%

8%

8%

6,000

100

*101%

101%

*101%

101%

36%

36%

36%

36%

8%

8%

8%

8%

Ward Baking Co common

(Hiram)

9%

13'A

29%

2.50

13

x87 %

13%

30

*29%

——.

Jan

Walker

*50

13'A

29%

.No par

common

7% Jan

Jan

50%

13'/a

30

13

.No par

preferred

xl2

18%

.No par

G & W

Co

15%

1

15%

15%

104

Foundry & Pipe

xl9%

27%

5'A May

13
28

85% Apr

3

23% Jan

18
18

16%

Sep

22%

Oct

18 %

23% Feb

25

27% Feb

23% Jan

15
13

107

Apr

115

not

111% Jan

18

104%

Sep

108%

Jan

101% May
12% Dec
35% Jun

108

Deo

107% May
6
107% Jan 13

173/4

jan

50%

Deo

104

108 %

Jan

14% Jan

25%

Deo

Apr

30% May

■

Tobacco

Wesson Oil

9

29'A

30%

900

20

20%

13,900

19%

19%

20%

19%

20%

19%

26%

*26%

26%

26%

26%

13%

. ™,

Inc

25

West

Penn

Electric Co

Feb

24

West

Penn

Power

109% Feb

7

.

*21

13%

1S%

13%

14

'

14'/a

21%

22

22

21%

22%

15

15

15

15

15%

15'/a

15%

5%

5%

2.50

29%

5%

5%

5%

22%

19%

May

12% Apr

17

45% Apr

26 %

com__Nopar

5%

29%

29%

5%

11

108

Jan

Feb

16

18

51% May 19
110% May 13

4

29%

85

85

84%

84%

84%

84%

515

22%

22%

22%

22

22

21%

22%

3.200

20

19%

20

19%

20%

20

20 %

20

20%

7,500

16,200

26

26%

29%

26%

*113%

114

*113%

29%

*84%

29%

29'%

26%

26%

26%

26%

113'A

114

108

*106%

108

100

*106%

108%

*106%

108

5

13%

par

*49 %

Y

Range Since Jan. 1
Highest

NEW

Lowest

Highest

$ per share

113 'A

*113%

114

*113'%

114

113%

113%

108

*106

108

*106'%

108

*106%

108

107

107

*106'%

108

*106%

108

$ per share

$ per share

YORK

STOCK

26%

26%

26%

26%

t per share

Par

8%

Dec

7% Jan

13

9% Feb

24

Western Air Lines Inc.

Deo

x39% Feb

16

51% Apr

25

16%

Deo

Western Auto Supply Co
Western Maryland Ry com

21

Sep

20

Jun

16

Jan

1

19% Feb 21

Dec

31

Jan

3

35% Mar 22

30

Jan

28

Jan

3

34% Mar 29

53% Jun

70%

Nov

66% Jan

3

73

13
May
21% Jun

24

Dec

19% Jan

13

34%

Jan

24% Mar 30

20% May

98%

Feb

21% Jun
102

Mar

29%
•

•

——

Jun

33%

81

Jan

8

18%

Jan

28% Feb
7% May
4% Jun

X42% Jun
8% Jun
70

Jun

10

Jun

14% Jan

32%

Dec

31

Jan

Deo

33% Jan

Dec

12% Feb

7%

5% Jan

Dec

48% May

35

Not

32% Jan

10

Sep

49% July

47% May

2

32%

32 Va

34

Westlnghouse Electric

Apr
May

May
,

$5

1

Feb

White

Sewing Machine

11% Jan

5

11

22% Feb 25

,

141% Apr

40% May

.

Feb

51

.

12
8
3

34%

34%

34%

34%

104%

104%

*104%

105'A

27%

*113 '/a

116

*113'/a

104%

57%

287/a

29

91 Va

91%

90%

90 3A

32

313/4

313/4

20%

19%

20 3,4

42 y8

42%

91%
32

42%

6%
*50

,

19%
42%
35
15 y8

15

l

'

6%
50 Va

*31'/a
19%

42%
*34%
15

6'/a
*50

—'

*113%

42%
35

15

6%
50%

913/4

10

39%'

39%

-10

Co

48%'

48%

20%

20%

19%

20%

43

*34%

44'A

35

*34'A

50%

13%
*79

10%

20%

141%

30%

44

*50

10*14

193A

143'

31%

193/4

50%

*50

*10'A

Iron Co

1,200

143

20%
*141%

13%
*79

■

10%

10%

20%

20%

143

*141'/a

31% Y

11%

Jun

18%

Deo

16% Mar 31

21% May 19

Feb

72

Oct

69% Jan

9

76

May 10

Prior

65

Jun

76

Not

74

Jan

4

86

May 19

Prior

68

Feb

89

Deo

83

Mar 29

89

Jan

9

66

Feb

82

Dee

80

Jan 29

89% Apr

13

Oct

10% Feb 16

27

8%

Feb

12%

19% Jun

-

13% Jan 28

30%

Dec

Jan

13

35% May

Jun

12%

Jau

10% Feb

10

30'/2 May
16% Jun

39%

Jan

36% Mar 14

14% May 19
42% May 15

28%

Not

26% Jan

4

33% May

53%

Jun

77%

Dec

72% Jan

13

10%

Jun

14%

Jan

11"% Jan

S

20% July

33 Va

Dec

31% Jan

13

4%

Oct

4% Jan

9

8

3%

Feb

*Bid

dlTldend.

and

asked

prices;

y Ex-rights




no

sales

on

3

Common

No par

preferred 4%% series
pfd 4%% conv series—

100

*74

75

100

85

85

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

No par

*86'A

No par
.5

.<•84%

Tale & Towne Mfg Co
York Corp common

29

91%

91%

32

•••.

32

..Y 19%

,

20 %

200
800
i

443A Y ; Y 44%

44%

35

35

15

15

15%

5,600

6%

17,600

6%

6%
50

50%
'

133/4

133/4

80%

*79

10%

10%

2,600
100

50%

700

13%

13,600

80%

300

10%

1,400

20%

20%

4,700

*141%

20 %

143%

s

143

39%

39 %

39%

39%

39%

39%

39%

39%

39%

48

48%

48

48%

YY 47%

48%

473/4

48

47%

48

13,400

20'/a

20%

20%

20%

20% Y

20%

20%

20%

213/a

13,400

73 Va

74

74

74

74%

74

74%

74

74y8

Y 370

85 y2

85

85%

85 %

85%

85%

85%

85

86

*39'A

•

,

t

85'A

85%

85

*84

84%

86

86

X85

85

84 %

84%

84

84

11%

11%

12

12

12

12

12

12

35

35%

35%

35%

34

3434

3,500

14

14%

14%

12,800

11%

'

*11%

130

Y

500
2,500

35%
14

42%

32'%

32%

323/4

32%

33%

33%

33%

33%

33%

33%

33%

33%

4,300

833A

83%

84

84%

84%

85%

x83%

84%

83 %

84'A

83%

85%

18.100

No par

13%

13%

14

133,4

14%

14%

15%

15

15%

15

15%

13,700

.No par

57%

59%

59

58%

58%

56%

58%

56%

57%

57

58'A

15,200..

1

*5'A

5%

5%

5'A

5%

5'A

5%

5'A

70'A Apr

Zenith

Corp

Zonite Products Corp.

petition

86 %

35

Youngstown Steel Door

or

8534

13%

15% May 18

tin receivership,

36%

42 34

Young (L A) Spring & Wire_Nopar
Youngstown Sheet & Tube
No par

day.

*85%

133/4

85% May 19

this

610

86'A

43

convertible preferred

Radio

,

86%

36%

50

14

20%
*74

86'/2

35'A

13%

6% Apr 22

*85

700

<

*86%

11%

*42%

6

14,900

88%

*11%

1

4%%

10

23,200

35

;

50

133/4

80'A

30%

Worthlngton Pump & Machinery
X59%

400

;

;

800

91%

313A

20%

Y

29%

6

10%

19%

91%

31%

20

13%

*10'A

91 3/4

31%

,i

80'A

*141%

:

'

r

30%

6'A

13%

19%

37,300

Y

115

6

*79 y«

10%

115

6'A

6%

13%

143

115

15

80

19%

•113%

15%

13%

*10%

115

15

79%

*141 Va

28

15'/a

13%

•

35'A
105

28

29%

35

*34%

15%

80

10

34%
105

28

•

29%

13%

100

19,500

27 Va

.

29

80

com

66,800

'

.

No par

preferred
(P W)

57%

29

*31%

115

No par
_10

Wisconsin Elec Power Co

Wool worth

57

*34'/2

No par

common

Woodward

116

30%

26%

28

28

100

29 Va

26%

34%

104%

27%

1

common

$4.50 conv pfd series A

6%

34%

*104%

28

19'/a

8

:

Willys-Overland Motors
.

34%

27%

20

common

Prior preference

30

-26%

104%

*90%
;

1

Wilcox Oil Co

20

27

20

;

700

69

34%

56 Va

No par

(The S S)

700

34

*68%

28%

28%

White Dental Mfg

33%

*33%

70

33'/a

105%

*113'/a

No par

White Motor Co

1

35

33%

33%

33%
*68'A

34%
*28

100

prior preference

conv

1

*32

70

*104%

"When issued"

,

Apr 10
15% May 15
Feb

•

100

12.50

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

6
2

35

7

12%

com

preferred series B

Weston Electric Instrument

Feb 27

45% May

100

8%

8%

29%

6

Jun

*32'/a

26%

41

1

44

6,000

27

com

$4.25 preferred
Wilson-Jones Co

22

17%

30%

Wilson & Co Inc

10'A Jan

16%

29%

82

19% May 12

16%

26 Va

13% May 19

139% Feb

16%

30%

55% Jan

.

17'/8

26%

4

Dec

17

25%

4

Jan

17%

29%

8

Not

16%

25%

12% Jan

13%

16%

29%

77% Jan

21%

16%

28%

Dec

140

16%

25%

Not

Jan

16 'A

29

12%

128

3,100

100

25%

79%

,

48%

28%

3

57%

48

25'%

15

Jan

48

8%

Western Union Teleg class A_No par
Westlnghouse Air Brake—No par

92

12

14%

47'A

9%

33%

20% May 15

4

34

47

32%

31% May 19

13

15 Va Feb

47

33%

59

3

30% Jan

Dee

3,600

47%

9

32

115

,

Dec

8%

47%

*68%

3.80%

Shares

9

48

33%

28% May 12

$ per share

9%

47%

9%

69'/2

20

Jan

9

tor

the Week

47%

*9

33%

Feb

16%

$ per share

Q

Sales

Friday
May 19

47%

69%

18

89%

$ per share

% per share

t per share

f per share

1

Preferred series A

19

32%

Jun

May 18

33%

35% Apr

13%

Thursday

69'A

105% Feb

12%

May 17

33%

«

July
23'/« Mar

Wednesday

May 16

30% May 16
27% Feb
4

14

210

Tuesday

*68%

13

28

4,900

May 15

69%

16

43% Feb

51%
110%

Monday

33%

30% Jan

27'A Apr

2.800

50%
110%

13%

PRICES

33%

22% Feb

Jan

*110

.

*68'A

103% Jan

48%

HIGH SALE

13%

50%

111'%

13%

49%

111%

*33%

Dec

112

14

50%

*32

Jan
Dec

AND

*110

100

Aug

115

*49%

50%
111%

20

130

10

preferred

Western Pacific RR

18

33

26%

non-cum 2nd

13%

14

50%
*110

No par

Jan

104

'

71

4%

14

50%
111%

May 13

41 Va

Feb

10«%

Saturday

EXCHANGE

Feb

8%

inc i/2

14

50

*110

110%

*106

LOW

32% May

5

110%

100

14

13%
50

STOCKS

Year 1949

Lowest

4,500

29

84%

*105%

Range for Previous

1,500

2i %

100

preferred

1.600

5%

30'/a

IOO

Pulp & Paper com—.No

147/a

5%

22%

pfd.

4%%

700

14%

5%

85

West Va

109% Mar 24

14%

22%

.

19%.

•

preferred series B
4.10% preferred series C—
West Virginia Coal & Coke

4%%

200

2,200

14%

*22%

29%

19%

4.20%

26%

85

84%

22%

5%

'

114

420

41,100

22%

30'/«

84%

_1

—

•

15'A

15%

.No par

com

21 %

*

5%

4

& Snowdrift

$4 convertible preferred

13%
21%

*26%

2,400

105

•

—5

West Indies Sugar Corp
West Kentucky Coal Co

13%

16%

16

104%

20

26%

*15

24% Jan

29%

26 %

1

20 % Jan

29%

19%

13%

83% Feb

30%

*25%

21%

Jan

*29%

19%

*21

Deo

30

26%

*13%

Jan

29%

19%

5

84%

13%

*25%

__5

23'/a

Jun

13

3

Waukesha Motor Co.*.

Jun

13%

No par

Wayne Knitting Mills
Wayne Pump Co

July

78

15%

105%

13%

29'A

9

16%

15%
105'A

13%

29,

11

Webster

15%
105%

13%

30%

Jan

6% Mar 15

15%
104%

13%

14

Corp

Washington Gas Light Co

17% Mar 16

5

15%
105 %

13%

13%

*29%

8%

300

15%

14

No par

37

52

104'A

104

14

15% Jan
24

9
6

8%

•

15%

104

'

May

37

*

104%

100
—5

preferred

Warner Bros Pictures——

Petroleum

50%

13

*50%

100

preferred-

System

has

been

filed

for

company's

*133/4

58
5%

13%
*42%

5%

reorganization,

a

14%
43

Deferred delivery,

*42 3/4

343.4

r Cash sale,

■

a

343A

13%

43

13%

*42%.

43

Special sales,

,

>

14

*42%

5%

43

5%

wd When distributed,

100

3,400

x

Kx-

Number 4909

Volume 171

Commercial and Financial Chronicle
The

...

Bond Record

(2117)

New York Stock

«»
FRIDAY

The italic letters In

the

column headed

WEEKLY

-

'Interest Period"

one

case

the bonds mature.

the month when

82d of

more

or

Exchange

YEARLY

■

Indicate in each

Figures after decimal point represent

25

point.

a

LOW AND HIGH SALE PRICES

Range for Previous

GOVERNMENT

Year 1849
Lowest

Range Since Jan. 1
Lowest

Highest

103.28

Dec

103.28

108.13

Jan

108.13 Jan

Highest

Jan

102.31

May

1

108.4

May

Feb

104.9

111.10 May

1

Mar

104.15

103.8

July

103.8

Oct

July

101.12

Feb

101.13

Feb

103.2

Jan

103.19

Jun

103

High

Low

High

the Week

May id

May 18

May 17

Sales for

Friday

Thursday

Wednesday
Lew

Low

High

Bonds (6)

High

Aug

102.19 Apr

25

25

102.14 Apr

..1951-1951

*102.512

102.24

*102.22

102.24

*102.22

102.24

102.24

*102.21

102.23

*102.21

102.23

2%s.

—1955-196#

*108.10

108.13

*108.10

108.13

*108.8

108.11

*108.8

108.11

*108.8

108.11

*108.8

108.11

2%a_

-1951-1954

*101.30

102

*101.30

102

*101.29

101.31

*101.29

101.31

*101.29

101.31

*101.28

101.30

2%s_

—1956-1959

*109.20 109.23

*109.20

109.23

*109.18

109.21

*109.18

109.21

*109.18

109.21

*109.18

109.21

2%S_

-1958-1968

*111.19

*111.19

111.22

*111.18

111.21

*111.18

111.21

*111.18

111.21

*111.18

111.21

2%s_

-1960-1965

*113.22

113.25

*113.22

113.25

*113.19

113.22

*113.19

113.22

*113.19

113.22

♦113.19

113.22

2%s__

-1950-1952

*100.18

100.20

*100.18

100.20

*100.18

100.20

*100.18

100.20

*100.17

100.19

•100.17

100.19

2fcS-

-1952-1964

*102.2

102.4

*102.2

102.4

*102.2

102.4

*102.3

102.5

*102.2

102.4

*102.2

102.4

2%S_

-1956-1958

*105.8

105.10

*105.7

105.9

*105.6

105.8

*105.6

105.8

*105.6

105.8

*105.6

105.8

2%S_

-1962-1967

*103.23

103.25

*103.22

103.24

*103.21

103.23

*103.20

103.22

*103.20

103.22

*103.20

103.22

*103.2

25

2%s

Jun

2%s

2%s

Dec

1967-1972

Dec

100.28

25

Aug

100.18

102.19 Apr
102.14 Apr

Jun

101.7

Low

High

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

1

Feb

102.1

Low

r

High

May 16

8s

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
{Treasury

1

Jan

104.9

Lew

Tuesday

May 15

May 13

Treasury

108.4

110.23 Mar

102.31

Monday

Saturday

EXCHANGE

Dec

111.10 May
110.23 Mar

BONDS

NEW TORE STOCK

111.22

*102.22

*103.5

103.7

*103.4

103.6

103.5

*103.2

103.4

103.4

*103.2

—Jun

1964-1969

*102.22

102.24

*102.21

102.23

*102.19

102.21

*102.18

102.20

♦102.18

102.20

*102.18

102.20

2%S.

—Dec

1964-1969

*102.16

102.18

*102.15

102.17

*102.13

102.15

♦102.12

102.14

*102.12

102.14

*102.12

102.14

2%S-

1965-1970

*102.12

102.14

*102.11

102.13

*102.7

102.9

*102.7

102.9

*102.6

102.8

"102.7

102.9

2%s_

.1966-1971

*102.11

102.13

*102.9

102.11

*102.6

102.8

*102.6

102.8

*102.5

102.7

*102.5

102.7

1967-1972

*101.18

101.20

*101.17

101.19

*101.18

101.20

*101.19

101.21

101.21

*101.19

101.21

8ep 1967-1972

*105.13

105.15

*105.11

105.13

*105.11

105.13

*105.11

105.13

*105.11

105.13

*105.11

105.13

*101.18

101.20

*101.17

101.19

*101.18

101.20

*101.19

101.21

*101.19

101.21

♦101.19

101.21

102.1

2%a.

-1963-1961

*103.3

*101.19

102.30

Feb

100.13

Jan

102.30

Aug
Sep

100.17

Feb

101.3

Jun

105.4

Treasury
Treasury
Treasury
Treasury

2y*s

1951-1953

*102

102.2

*102

102.2

*102

102.2

*102

102.2

*102

102.2

*101.31

SVaS

1952-1955

*101.26

101.28

*101.26

101.28

*101.25

101.27

*101.26

101.28

♦101.26

101.28

*101.26

101.28

Treasury

101.23 May

2%s_

—1954-1956

*104.23

104.26

*104.23

104.26

*104.23

104.26

*104.23

104.26

*104.23

104.26

*104.23

104.26

*104.5

102.23 Feb 24

2

Treasury

2y«s.

102.18 Fee

Treasury

2y*s

Jan

Treasury

2

...

__

102.18 Feb
1
101.2.3 Apr 25

103.9

*104.7

104.9

*104.6

104.8

*104.5

104.7

*104.5

104.7

104.7

*104.5

104.7

Jun

1959-1962

*101.22

101.24

*101,22

101.24

*101.21

101.23

*101.20

101.22

*101.20

101.22

*101.20

101.22

__Dec

1959-1962

*101.20

101.21

*101.18

101.20

*101.17

101.19

*101.17

101.19

*101.17

101.19

100.13

*100.11

100.13

*100.10

100.12

*100.10

100.12

*100.10

100.12

101.1.

*100.30

101

♦100.30

101

*100.30

101

101.3

*101.1

101.3

.1956-1959

%S

Feb

101.18

Feb

•100.11

100.13

*100.11

Treasury

2s

1951-1953

*100.31

101.1

*100.31

101.1

*100.31

2s

1951-1955

*101.1

101.3

*101.1

101.3

*101.1

101.3

*101.1

101.3

*101.1

Treasury
101.18

_Sep 1950-1952

2s

-Jun

1952-1954

*101.12

101.14

*101.12

101.14

*101.11

101.13

*101.11

101.13

*101.11

101.13

*101.11

101.13

Treasury
Treasury
Treasury

2s

-Dec

1952-1954

*101.20

101.22

*101.20

101.22

*101.19

101.21

*101.19

101.21

*101.19

101.21

*101.19

101.21

—1953-1955

*102.31

103.2

*102.31

103.2

*102.31

103.2

*102.31

103.2

*103

103.3

*102.31

103.1

*100.6

100.8

*100.6

100.8

*100.6

100.8

*100.6

100.8

*100.6

100.8

*100.6

100.8

*10712

103.16

ZIZIZ

II

Jan

2s

Treasury

loT.8

Jan

101.22

*101.19

{Treasury
101.8

__

—

2s_.

l%i

International

.1950
Bank

Reconstruction A
99.11

Jan

103.16

103.7

Dec

Feb

103.18 Jan

16

9

i

for

Development

25-year 3s

1972

*103.12

103.16

*103.12

103.16

103.16

*103.12

103.12

*103.12

2s serials of '50 due Feb 15 1953

*100.28

101.4

*100.28

101.4

*100.28

101.4

*100.28

101.4

*100.28

101.4

*100.28

*101

101.8

*101

101.8

*101

101.8

*101

101.8

*101

101.8

*101

101.8

_

2s serials of '50 due Feb 15 1955

103.12

*

103.16

101.4

100.28

*100.28

101.4

*100.28

101.4

*100.28

101.4

*100.28

101.4

*100.28

101.4

2s serials of '50 due Feb 15 1956

*100.16

100.24

*100.16

100.24

*100.16

100.24

*100.16

100.24

*100.16

100.24

*100.16

100.24

2s serials of '50 due Feb 15 1957

*100

100.12

*100

100.12

*100

100.12

*100

100.12

100.12

100.12

*100

*100

2s serials ol '50 due FeD la it»o8

*98.28

99.8

*98.28

99.8

*98.28

99-8

*98.28

99.8

♦98.28

99.8

*98.28

99.8

2s serials of '50 due Feb 15 1960

*98.8

98.20

*98.8

98.20

*98.8

98.20

*98.8

98.20

*98.8

98.20

*98.8

98.20

2s serials of '50 due Feb 15 1961

♦Bid

*99.20

2s serials of '50 due Feb 15 1959

*97.24

98.4

*97.24

98.4

*97.24

98.4

*97.24

98.4

*97.24

93.4

*97.24

93.4

2s serials of '50 due Feb 15 1962

96.24 Mar 23

*97.16

97.28

*97.16

97.28

*97.16

97.28

*97.16

97.28

*97.16

9 7.28

*5>4.„6

9 <.23

and

{Called

asked price.
No sales transacted this day.
a Odd lot tra nsaction.
for redemption (2y2s due Sept. 15 1950-52, Sept. 15, 1950 at par)

r

Registered

(2s

New York Stock

Interest
Period

Exchange

Last

Sale Price

Low

*99.20

100

100

*99.20

FOR

WEEK

ENDED

MAY

19

Friday

Low

Interest

New York Stock

Exchange

1091J

29

109% 10933

108

or

June-Dec

79

76%

63%

65%

June-Dec

♦73%

66

75

June-Dec

—

*76

8%s series No. 12—
3%s series No. 13

8%s aeries No. 14

June-Dec

8%s series No. 15

juae-Dec
June-Dec

8%s series No. 18..

*73 y2

8%s aeries No. 19

June-Dec

f%s series No. 20—

June-Dec

t%s aeries No. 21.

Members New York"Stock .Exchange

REctor 2-2300

.'

65%

71

78

643/a

74

so;

67

72%

80

70

76

,

77

77

65%

76

:•

June-Dec

76

63%

*

i

76%

76

•'

•

76%

64 /■

'

g%» aeries No. 26.

j* V/ ; •f;/

20;Broadwajy-'Ke w York*::

■}'

'Teletype* ?
{

/

I%» series No. 28——

78

June-Dee

i

76

June-Dec

June-Dec

.

5

♦73%

(City) sinking fund
Slnklng'fund gold 5s 1958'..
Sinking fund, gold 6s 1950^.

—

103'/* 103%

Aug

103% 103%

i

'

76

65

78

-

66

'

77%
65

101%. 104%
101% 104%

8

t ;

29

99 32

6

100 & < V

99 iS

June-Dec

#■

■

6s 1957—..—Jfar-Sept
i

.

65

♦76%

t%» Mffies No. 30...

64 %

1

78

|%s aeries No. 29
Brisbane

74

68
'

76-#

June-Dec

l%a aeries No. 27

Y. ■ 1*1693

77 %

*73%

June-Dec

—

,«

78
76

*73%

Jane-Dec

#%s aeries No. 25.—

80

*76

June-Dec

|%a aeries No. 24

753/4
75

♦76

I %■series No. 22

t%s series No. 23

,

*73%
■

June-Dec

—

64%
65

♦73 Vu

June-Dec

:

♦73%

June-Dec

78

76

61%

76

75%

3%s series No. 16

Telephone

66%

80

76

75%

1%» series No. 17

Wertheim & Co.

76

67%

*73%

June-Dec

3%s series No. 11

Foreign Securities

High

69%

1

76

*75

Jan. 1

Low

No.

High.

76

Range Since

Sold

—June-Dec

3%s aeries No. 10

ft 110

Bonds

Friday's

Bid A Asked

High
8%s series No. 9

;

Sale Price

Low

New York City

—June-Dec

Week's Range

Last

Period

BONDS

Jan. 1

No.

100

*99.20

100

15, 1950-52, Sept. 15, 1950 at par).

Transit Unification Issue—

S% Corporate Stock 1980

*99.20

100

transaction.

Range Since'

Sold

High

*99.20

100

^ V;Z. vft
Bonds

Friday's
Bid A Asked
or

bond

due Sept.

RANGE
Week's Range

Friday
BONDS

17,000

101.4

2s serials of *50 due Feb 15 1954

96.24 Mar 23

——

103.4

2%s.

/"'

101%

Foreign Government and Municipal
Oaldas

Agricultural Mortgage Bank (Colombia) —

sinking fund 6s 1947.
AGuaranteed sinking fund 6s 1948.
Akershus (Kingdom of Norway) 4s 1968
f a Guaranteed

/

Feb-Aug
_ApriI-Oct
.Mar-Sept

76 %

75

51%

IA External sinking fund 7s ser O 1945—Jan-July

*51%

55

fAExternal sinking fund 7s ser D 1945.Jan-July
AExternal sinking fund 7s 1st ser 1957—April-Ocf

*51%

55

*51%

52% ■:

51%

30-year 3s s f $ bond3

54

y4

•46%

54%

47

/

53

46 ys

1

53

46%

51% v

53

—

Jun-July

38%
102%

51%

2

46 y«

54%

51%

1

46%

53

40%

38%

33%

41

101%

104%

102

9
43

104

100% 101%

—

A 6s

101%

37%

IA Brazil

(U S of)

Stamped

external 8s

pursuant

AExternal

s

Stamped
reduced
AExternal

f

tc

s

Stamped

f

3.375%)
6y2s

of

97%

97%

97%

97%

30

88%

97%

97%

97

97%

55

90

98

Feb-Aug

96

A

A

1003/4
106%

102%
107%

22

10l»/8

103

60

'

-

1

A6s assented Sept

V

,

;

)r- <71 ;•

34%'

36%

*"

5
i

^

„

AExternal sinking fund 6s
A6s assented

1962.

1962—

106

34%

36%

46%

114%

5

28%

46 V

48

6

36% <48
28%

♦35
48

*83

—

75

48

2

36%

48"

34%

34%

1

28%

33

45%

46

28%

333/4

*35

.Aprll-Oct
.April-Ocf

:

♦43

34%

46%
343/4

5

46%

28

3474

89

553/4

70

1

73

86

63

53

65

1

73

84

__

—

69%

68%

63 > U

23

April-Ocf

84%

84%

84'%

63

64%

84

84

For Financial institutiona

(interest

April-Ocf

FOREIGN

SECURITIES

.

(interest

pursuant to Plan A
reduced 3.5%) 1978

64%
~

(Interest

(Central Ry)

1979

April-Ocf

64

63

64

40

53

—

89

89

1

76

83

69

69

1

57

69

69

70

40

51 %

70

80%

28

June-Dec

funding bonds of 1931 due 1951.
8tamped pursuant to Plan A (Interest

9%

reduced

to

3.375%)

External dollar bonds of

1979
1944

April-Ocf
(Plan B)

__

June-Dec
June-Dec

9%s series No. 3

June-Dec

3%s series No. 4

June-Dec

1%8 series No. 5

June-Dee

67%

80%

1

6534

77

e74%

75%

26

65%

75%

74'/a

75'%

18

65%

75 %

80

80

65%

80

73

73

67%

77%

77 y«
76

75%
—

—

—

—

76

3%s series No. 7

June-Dec

*75

73

3%s aeries No. 8

June-Dec

*73%

78

1
—

—

'

footnotes see nage




r.ABL MARKS & CP INC.
FOREIGN SECURITIES SPECIALISTS

—

3%s series No. 1

J%s series No. 2

nor

FIRM TRADING MARKETS

65

June-Dec

1952

Stamped

50

Broad

St.,

Telephone HAnover 2-0050

35%

48
*48

116%

June-Dec

35

35

107 »/a

5

(Interest

1957

28%

34 y»

Mar-Sept

1961

40%
47

'

*43 r

Feb-Aug

AExternal sinking fund 6s Sept 1961—Her-Sept

60

35

96%

4

115% 115%

June-Dec

due

Plan

83%

96
96%
106% 107%

37

106%
115%

A

to
reduced to 3.375% )

A7s

98%

94%

Jan-July

1979
1927

94 y8

18

April-Ocf

Plan

pursuant

39

97'/a

June-Dec

1978

to

98%

96%

June-Dec

6%s of 1926 due 1957

pursuant

98

98%

June-Dec

1941

Plan

to

reduced to 3.5%)

Feb-Aug
June-Dec

40%

1 )

19

'

10-year 3%s 1956
10-year ZYab 1957
30-year 3 %s 1967.
30-year 3%s 1966
19-year 3%s 1962
Belgium (Kingdom of) 6s 1955
External sinking fund 7s 1955

33: t

^

37%
-

34%

)

i
'

101% 101%

♦48

Feh-Aug

vARy external sinking fund 6s Jan 1961—Jan-July
a6s assented Jan 1961
Jan-July

31

"

♦54%

dprfl-Oct

sinking fund 6s Feb 1961
assented Feb 1961.

•

10G% 106%

April-Oct

AExternal

35

103% 103%

100%

Jan-July

Mar-Sept
28-year-3%s 1974.
(City) 8s 1954..
Jan-July
Cauc& Val (Dept of) 30-yr 3s s f $ bds 1978Jan-July
i a Chile (Republic) external s f 7s 1942
May-Woe
IA7s assented 1942
May-Woe
AExternal sinking fund 6s 1960
a 8s assented 1960

•102'/2 102%

Jen-July

'38'-

a Carlsbad

51%

June-Dec

1978

2

(Dept of) -30-yr 3s s f $ bond* 1971 Jan-July
4s 1960
April-Ocf

Oanada (Dominion-of)
28-year 3%s 1961.

51%

AExternal sec sink fund 7s 2nd ser 1957_April-Ocf
AExternal sec sink fund 7s 3rd ser 1957_Aprll-Ocf

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

51%

96>

46%

*95%

lAAntloquia (Dept) collateral 7s A 1945—Jan'July
fAExternal sinking fund 7s ser B 1945—Jan-July

77%:.

93%

'

76%

71%

76%

**76 ""

38%

•38%

New York 4,

N. Y.

Teletype NY 1-971

■

26

The Commercial and Financial Chronicle

(2116)

.

.

.

Monday, May 22, 1950

NEW YORK BOND RECORD
RANGE

Interest

Last

Period

Sale Price

or

28%

33%

6Vis assented

Consol

44%

28%
37%

*35

*43

*35

Mar-Sept

47

28%

Jlar-Sept

*35

Municipal 7s 1960

San

—

36%

,

8s

,

48

,

23%
,

39

40

.

28%

33%

,

—

'%

assented

A 7s

1960

Colombia

(Republic of)

A 6s of

1927

of

1

78 %

1

79%

45%

46 %

40%.
47%

48'/.

47%

53

*51%

5s 1952

25-year gold 4Vis 1953.
.
ACosta Rica (Republic of) 7s 1951
Cuba (Republic of) 4Vis external 1977

of)—

(Dept

,

—

,

—

,

48%

,

87

,

86%

87

,

,21

77%

.

81

,

79%

31 Vi

,

124

72%

.

Serbs

87

27%

;

HOVi 110%

,

19%

27

416

26 Vi

26%

23

109

.114

37Vi

!

60

37 Vi

;

J

35

40%

(interest reduced

Stamped assented

External gold 5Vis

*
.April-Oct

to

1955.

4s

extl

95

-April-Oct

AEstonia

(Republic of)

7s

1967

Greek Government—
A7s

paid

part

63

1

Irish Free State
Italian

(Republic)

extl

f

s

:

rH 0

"

_

1%

3%

to

1977

■"2

55%

AExternal

1952

7s

4

11%

7-

10%' 1

!

9

6

38%

(Colombia)

6Vis

i

:

36%

62

36%

59

59

•

f $ bonds

e

"

1978

X'-:

■

*

'*•

■.y"

assented

(1942

•

•

35

5

59

1

11%
46%

33%

38%,

35

(1922

ALarge

y.

16%

ASmall

i'

ALarge

V.:

A4s

.

|A4s

_

agreement)

new

of

tnent)

-

1904 assented

(1922

1945

(assented

to

new

assented

95%
99%

,

Agreement)

j

i debs

s

2%s debentures

1980

2%s

deductions

2%s convertible

debentures
1982

1937::_

debentures

10

5%

9%

9%

44

8%

9%

35

120%

debentures ":tl971_
Co

debentures

1969..—

Arbor

gold

3s

first

Topeka &

4s

First

103 Vi

'

new

(assented to

1922

1933

assented (1942

(City of)

6 Vis

1

1952—.—

(State)—

mortgage 3%s 1963
Coast first consol 4s

*12%
13

1'3.%

12

1

57

13%
13%

61%

;

fixed

33

49

2008

24

104%

105%

=

76 Va

83

2

.

'

80

-

85
84

127 Vi 123
120

127

12

119% 120%
103

104%

100

102%

104%

3

102%

107%

1

101%

102%

89%

43

83%

94'

7^ .91% /92%

99

91%

98

103%

1.04

103% 103%

.104 •

106 ,
101% 101%

,

iolVai-

1966i— .Jan-July

131%

25

%

V

B
/

89

37

32

*36%

(Kingdom) 3%s 1957—
May-Noo
(Kingdom of) 4Vis 1956
—i.Mar-Sept
External sinking fund 4Vis 1965
-April-Cct
4s sinking fund external loan 1963
—Feb-Aug
3Vis sinking fund external
1957——ApnZ-Oct
Municipal Bank extl sink fund 5s 1970—June-Dec
Oalo (City) sinking fund 4 Vis 1955
April-Oct

99%

99%

1

96%

■

99%

99%

99%

7

99%

99%

99%

99%

17

96 %

99

7

93%

99

96 %

97

29

92

98%

98%

1

98

99%

97%

93

5

95

98%

'

1995

March

general

Series J

due

June-Dec

97

•••

57

,i

95

1967—Mar-Sept

.ii'.

102

•

95-:

88%

2

*103 Va 106

lAPernambuco (State of) 7s 1947——
_Mar-Sept
Stamped pursuant to Plan A (interest

103.1

*44

44

103

105

60

June-Dec

69%

66%

69 %

49

65%

2010——May

46%

45%

46%

154

45%

53%

85%

86%

39

85%

89%

66Va

67%

35

65%

71 %

76%

77

30

76 Va

82

88

38

87%

87 %

6%

56%

65%

55%

64%

56

%

64%

(2%%

contingent interest)—
Dec

1995—-—.

1

1

<74%

West

&

ser

86

V

1

A

1980-Jan-July

and

ref

M

series D

4s

--

1985_Ja'n-JuZy

76%

Bangor & Aroostook RR—
Consolidated

Bell

96 Vi

92

53

/•

Cincinnati division

First lien

refunding 4s

stamped

Beech
*100

73

*53

dlv: first mortgage 5%
(3%% fixed & 1V2% ;conting int)

4s

.7v.<

AStamped assented 5s 1963
L._
May-Nov
•Stamped mod 3Vis ext to 1994—:
_i_June-Dec

59

56

56

S'western

>

56 Va

57%
57%

Virginia—.
Refunding 4s series A 1980—1
—May-Nov

Toledo
■

59

1,2000
Mar-Sept
1
1996_______Mar-Scpt

mortgage

Pittsbjjirgh-":Like Erie

•

External secured ref 3Vis series B

1

March

v.

99%

98 %

Norway

—

f'; :? 83%

91%

interest)—

A4%convertible income Feb

Mar-Sept

.

Dec

due

fixed" and ,3%%

:

-

Netherlands

G due

due

Ref<Agd

38%

49

—-

contingent

Series M

•

*49

3%,

Series K

v

*36%

Mar-Sept

and

Series

/

;•
*48

sinking fund 6Vis 1959—Mar-Sept
Stamped pursuant to Plan A (interest

(Republic)—

101 Va

104%

Refunding and general mortgage 5% (2%

.

Mar-Sept
(interest

ASecured extl

Panama

100%

103%

*103% 103%

1952—Mar-Sept

mortgagees series A July 1975—Aprll-Oct
First mortgage 5series B
(4%:; fixed "
I and "J % contingent interest)
July 1975_April-Oct

;

56

32

-

11%

'JI''

13 Vb

57

April-Oct
^

reduced to 2.125%)

130 Va

10
30

120

May-Not>
July

,

.•

1958

Stamped pursuant to Plan „A
reduced to 2.125%) 2008

;

115%

Baltimore & Ohio RR—

—

agree't) 1963—Jan-Julu

ASecured etl sinking fund 6Vis

c.

664

103

104% 105
*30
90

:

127%.

First

_

A Milan

120Va
io«%;

101%

100% 100%

May-Nov

9%
-9%

-

—

Mints Geraes

109%

105%

81

April-Oct

...

Atlantic-fRefinlng 2%s debentures

-Jan-July
;

ASmall

.

12

•54

106

103 % 103%

•

104%

.

A6s

100%

.

'■m

1963—Jan-July

_

ASmall
'

115%

99%

693

126% 130 Vi

General Unified-4%s A 1964—__June-Dec

.6%

97%

107%

117% 120%

'

100%

'

11

;

1995——.

4s

974

99%

130'/»

Feb-Aug

'

101 V»

957/a

"

101 % 102%

a

July 1995
1966————Aprii-Oct

Santa Fe—

100%

99%

27

106

1962—April-Oct
__April-Oct
_Quar-Jan

...

debenture

997/a

52

106

..June-Dec

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

11V4

r6%

101%

June-Dec
1959

105

96%

99%

June-Dec

debentures

Tobacco

115%'

1957.——..June-Dec

92

99%

100

•

95%

—.June-Dec

._

99%

79

101

100:%

99%

100%"

____April-Oct

1973—

2%s

10

5%

1961

74

113% 115%

"99%

Jan-July

2%s debentures
convertible

97 Vi

99

Feb-Aug
——April-Oct

—

1986.—

3%s debentures

11

9%

*101 %

1964—May-lVou

1975—

debentures

3s

9%

12

8%

(1942 agree't)

1913

104%

100 %

Corp 3%s

86

-Jan-July

ASmall

J A Treasury 6s of

103%

3

107

89%

ASmall—A4s

103% 103%

104%

105%

2

agree--

—j

„

60

104%

105% 105%

100%

Bosch

General

*1968-.Jan-July

60
*104

90 Vt

6%

12

!

11

*n

COMPANIES

92%

Atlantic

1922

7%

*91

American

10

12

^June-Dec

assented (1942 agree't)

1910

5%

1966—-June-Dec

Atchison
*n

1967

debentures

3s

A P W Products Co 5S

r

10

7

100%

3 Vis convertible

-

•

1954

'

7

100 Vi

-

*n

——

to

due

"

12

*79

.$2

^

ASmall

A4s of
1

•

3%s

2%s

~

1963—Jan-July

—

80%

*100

__

A5s new assented (1942 agree't)
:

INDUSTRIAL

—April-Oct
—May-Nov
1972_Jan-July

'

>#

,

Creek

Jan-July

1951

*1951—

Extension

first

3%s

1951

Telephone of Pa 5s series C

1960

Beneficial Industrial Loan 2%s
Bethlehem

Steel

Corp—

debs

88"'

Jan-July
April-Oct
ApTil-Oct

87%

*100'%

121 % 122 %

19Gl_Map-Nov

99%

4

99 34

87

87

"i ■1;
■

—

93
93

J,-."'

100 Va

1001/4

44

121%

122%

3

99

99%

>

•

44

..Jan-July

<

101%

101% 102

12

100%

102 Va

102

14

101

102

2

104

105 %

75

.

reduced to 2.125%)
A Peru

2008
external 7s

(Republic of)

ANat loan

extl

ANat loan extl

fAPoland

f 6s

s

s

1st

f 6s

series

1960

*36

27%

28 '

April-Oct

*7%

April-Oct

*7%

1968

,

8m

1950

1966

stamped

pursuant

(Interest reduced to 2.25%)
lARlo de Janeiro

(City of)

to

Plan

A

2006

8s 1946

April-Oct
(interest

2001

Feb-Aug

Stamped

Plan

A

A

1921

Stamped pursuant to
reduced to 2.5% )

A

April-Oct

1999

April-Oct
June-Dec

sinking fund gold 1968
Stamped pursuant to Plan A (interest

ATs

external

loan

2012
of

Stamped pursuant
reduced to

1926

to

2.25%)

due
A

1966

see

page

2004

29




/%--

■

:

.'.Jan-July
AInc mortgage 4%s series A July

70%

71 Va

20

45%

46%

62

.—1*'

■■

37%

May-Noo

—

*

33%

38

Bush

—

*54

—

50%

55

Bush

37%

43

CO

June-Dec

%.

43

sN

Terminal

Co

1

44%

61%
*43

—

43%

1

32

36%

61%

5

54

Terminal

61 Va

43%

—

105

104%

105V4

102

105%

101% 101%

100%

102

102 Va

103 3'a

*101% 102
.

65 %

63%

66

64

62

..April-Oct

*101% 102%

gtd

5s

1960

98%

99

April-Oct

*106'/a

99

101 %

69

102 Va

—

98

100

106

5

106

c
Electric

Canada Southern

Power

iirst

3s

1976

Power 3VaS 1974—'
consol

46%
49%

Guaranteed gold

31%

37

Guaranteed gold
Guaranteed gold

50

Guaranteed

Canadian

4%

*40%

1952___

■j'v' -.''til

California

48%

4
-,

*40%

78

102 % 102%

Jan-July

Buildings

43%

1

37

—

56%

gtd 5s A 1962

June-Dec

103 Va
'

105

'

May-Nou

;

April-Oct

103%

103

103%

115

115

115

112% 112%
112%

112% 112%
103% 103%

3

103%

105

104%

103% 104%

53

100

104%

78

78

5

74

85%

102%

101

103

59

83

106 %

104% 104%

1

104 Va

105

23

100

104%

9

115

116%

5

112%

114 Va

11

112%

114

Canadian National Ry—

*50

—

4s

1955

38%

—

37
—

70%
45%

v ' tvji

48

35%

first

5s

California Oregon

61%

83

102%

41V4

*97%
—

42%

34%

—

A

June-Dec

Buffalo

102

sq

*104

—Mar-Sept
Jan-July
Niagara Elec first mtge 2%s 1975_May-Nov
Rochester & Pittsburgh Ry—
Stamped modified 4%s 1957——.
...May-Nov

39

,

'

__April-Oct

9%

7

78

45%
■'

...Feb-Aug

10

102

70%

1970
L.May-Nov

9

—

(interest

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

For footnotes

15%

3

102

%

77

*—

102

..April-Oct

Consolidated
—

June-Dec

Plan

7%

(interest

A«s external

reduced to 2%)

—

*36%

—

Feb-Aug

1946

Plan

2

(interest

reduced to 2%) 2012
Bio Grande do Sul (State of)—

|A8s external loan of

7%

8

*39

April-Oct

1953

6Vis
pursuant to

9

^

Jan-July

Plan

secured

73a

20

75

—Mar-Sept

...May-Nov

8%

102

105% 105%

;

Buffalo

Jan-July

reduced to 2.375% )

ft

8

~8%

mortgage series 5s AC 1967—

8%

A

Stamped pursuant to
AExternal

29%

8%

8%

—

RR—

.

1961
stamped pursuant to Plan
(interest reduced to 2.375%) 2001

IVis

*7%

Jan-Julv

First

14

8%

Jan-July

——

29%

to' Maine

"

...

...Jan-July

7%

—

>13

April-Oct
8s

Boston

22%

19

29%

22

7

38

22%

8

28

27%

fAStabilizatlon loan sink fund 7s
1947—April-Oct
A4Vis assented

31

-27%

27%

i.j.

AExternal sinking fund gold
A4Vis assented 1963
Phrto Alegre (City of)—

...May-Nov

37%

27%

June-Dec

gold 6s 1940-

1958

Mar-Sept
Mar-Sept

1961—April-Oct

2nd series

(Republic of)

A4Vis assented

1959

;

95

79%

Mar-Sept

'

1945—Quar-Jon

—

86%

2

-

April-Oct

•

54

40%

.

5%

15

6%

j

agreem't)

J

•

-

1956

Ann

|A5s assented

-

AND

mortgage 3%s
& Susquehanna RR 4%s 1975—Aprll-Ocf

2%s debentures
6%

ASmall
,

1952

7s

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

71

62

5? %,

Quar-Jafl
j*

93

1998

1

—

*5%

Feb-Aug

—

first

Power

American

62

—

ALarge

t'

Co

Southern

Albany

41%
.

-12%,

»,,rr 1*.,.cr

(Republic of)

92%

81%

•i

*7

—Feb-Aug

1958—-

2%s

IA5s of 1899 due 1945
■

92

86

,

Alleghany & Western 1st gtd 4s
Allis-Chalmers Mfg 2s debentures

•

ASmall 1968
Mexico

Valley (Dept of)
(City) ;extcrnal 7s 1953—

assented

Alabama

43

*

1968—Jan-July

82%

64

93

Cauca

A4%s

1943__May-JVov

agreem't)

*30

;

Alabama Great

.62

'

r

90 3 3
91

92 Vi

'

Mexican Irrigation—
IA4Vis assented (1922 agreement)
A4Vis small 1943
ANew

Jan-July

'•

31

A

SO-year 3s

_

*79'/»

AAdriatlc Electric

103*

59

*t3

,

62

62

*51

—June-Dec

*

American' Airlines

"j-"

'*11%

7s 1957_w_April-Oct

1954

39 V»

,

I.

"92%

1984

•

*

RAILROAD

70 Va

.

34% ,41%

•55

1
'

V/*

90%

Map-Nov

:

—Jan-July

readjustment

Cauca :

11%

101%

49

36%

62%

2

40 Va

-

36

134%

13 Va

,

2

*

*

June-Dec

Altaly (Kingdom of) 7s 1951
AJugoslavia (State Mtge Bank)
AMedellln

.

Jan-July
*—Jan-July

1977

1979

'

70 Va

3(i

36

96%

V

•

4

10

97a

39 Va

39%

9

92 Va

;

J.

Jl%

,

9%

5

j

1978___Fcb-Aug

»

>

—

conversion

external

Del

See

55

.

14

6%

134%

*126

3Vis

AWarsaw

63

49 Va

101VS 101%-

-Jan-July
-Mar-Sept

———

•6

4-4%-4%s external readjustment

_

4

1960—May-lVop
1977
Jan-July

——

|A7s series B 1947
Italian Public Utility—
Credit Institute 1% to 3%

95Vi

95 Vi

t

Italian Credit Consortium for Public Works
r

8

»

97 Va

14%

10

6 Vi

1978--June-Dec

Valle

»

15

1(0 %
70 Va

70 Va

5s

l-3s

'• i

*10%

*

.May-Nou

—

fund

External

92%

,

14%

9%

29

6 %

——June-Dec

4

———.—Feb-Aug
external 6Vis I960—.ApriZ-Ocfc

extl sink

85%

75%

73

97/a

18 Vi

3%-4%-4^s external conversion

73%, 80
'63

63
w*54 Z

^VW4.'';

1964

1958—

11%

*

2

*121

I

1

-

...

'

paid 1968.—
(City)

33

*75

*

.

86%
*

"

A6s part

Helsingfors

84%

*79%

Jan-July
1976—Jan-July
1976_^—Jan-July
I
Jan-July

f dollar bonds Jan 1

s

11

.

11

*134%

55

99%

,

95

94 J/4

,

v

*

SVis extl s f dollar bonds Jan 1
8s extl

,v

86%
1

•*

1976

1

'

50

90%

'17

93%

•

'

f dollar bonds Jan

s

"98%

Feb-Aug

——

(Republic of)—-

11

_May-Nov

*

'

85

66

71%

—

1962

sinking fund 6s I960——_Map-Nov
sinking fund 6s 1964—
May-Nov
3%-4-4%s (dollar bond of 1937;—
V: o
External readjustment 1979——
Map-Nov

i

*52
•

Jon-June

External gold 4Vis 1962.—

E Salvador

*70%

AExternal

'

6% ) extended to 1960
i
fA Denmark 20-year external 6s 1942

assented

73%

82

—

April-Oct

2012

(Kingdom;
i

external

67

72

AExternal

.

'

,

2%)

to

85 Va

A

Sydney County Council 3%s 1957—Jan-July,,
lAUruguay (Republic) external 8s 1946.1—Feb-Aug
,

y

reduced

73%

80

—

2004—Jan-July
Jan-July

1968

Plan

to

Croats & Slovenes

A4%s

88

67%

A

2.25%)

to

loan

...

<

ASllesia
v

77

A

A7s series B secured external 1962—:
Map-Nov
(Prov of) external 7s 1958——June-Dec

,

.

30-year 3s sinking fund $ bonds 1978——Jan-July
v

reduced

pursuant

A8s secured

,

Plan

to

dollar

external

(Interest

48%

Plan

1999

4

"

Czechoslovakia (State)-—

to

pursuant

pursuant

(Interest

65

87

-

72%

A6s

75

56

68

2

64 Vi

*71%

Stamped

90

*51%

June-Dec
rMay-Nov
„May-Now
June-Dec

—

—

*51%

87

,

64%

May-Not

2012—

90

.

63

72

—

73

49%

,

*75

*73

87

46

57

*62

61%

(Interest

A

*—

t

85

37

IA Sinking fund 7s of 1926 due 1946—JMay-Not
f ASinking fund 7s of 1927 due 1947
Feb-Aug

Cundlnamarca

87

85

High

56

—

stamped

Stamped

87

sinking fund dollar bonds 1910.^..April-Oct
f AColombia Mortgage Bank 6%s 1947
April-Oct

(City)

*

(State of)

1936

Plan

to

1

Jan-July

7

Jan-July

3s ext

Copenhagen

4%;

,

TApril-Oct

1961

Jan

7

—

1961

1928 Oct

A 6s

*4%

—June-Dec

5s 1951

(Hukuang Ry)

Jan. I
Low

No.

High

—u*—-Jan-July
Stamped pursuant to Plan A (interest
:
•
reduced to 2.5% ) 1999
Jan-July
A7s external water loan 1956
_Mar-Sepl

34

..

pursuant

A8s external 1950

,

,

.

1952

(interest reduced to 2.5%)

'

A Chinese

Paulo

35%

*43

1962

Stamped

33%

39

34:%

*

6 Vis

reduced to 2%)

43.

34 3

^Map-Nov

23%

—

48

48

April-Oct

147

(City of)

Paulo

47

35

Range Since

Sold

*70

32 Vi

1962——„May-Nov

AGuaranteed sinking fund 6s
assented

April-Oct

Bonds

57

57

ASao

35%

40

*48

Apr H-Oct

1961

26%

*35

June-Dec

1961

A6s assented

!

*43

»4r

Friday's

Bid & Asked

(City) -8s 1952—
:
Map-Nov
Stamped pursuant to Plan A (interest
reduced to 2.375%) 2001
May-Noo
A6Vis extl secured sinking fund 1957—May-Nov

34%

June-Deo

AGuaranteed sinking fund 6s 1961

"

*35

35

Sale Price

Low

46 Vi

1993—June-Dec

'or

Last

Period

Exchange

High

39

Bank 6 Vis 1957—-——June-Dec
1957
June-Dec

ASinklng fund 6Vis 1961—

A Chilean

Low

No.

High

*43

assented

Week's Range

Interest

BONDS

New York Stock

May-Nov

Extl sink fund dollar bonds 2-3s

19

•

Jan. I

Jfay-Nov

6s 1963

1963

AChlle Mortgage

A6s

Range Since

Sold

cont

A 6s assented

MAY

A Rome

AExternal sinking fund

A6%s

ENDED

Friday
Bonds

Friday's

Bid He Asked

Low

(Republic)

WEEK

Week's Range

Friday
BONDS
New York Stock Exchange

Chile

FOR

42%

34

39%

gold

Pacific

conv

4%s
4%s

4%s

1957

1955

4%s 1951

.

Feb-Aug

Mar-Sept

Ry—

debenture

stock

"

(perpetual) .—Jan-July

Capital Airlines, Inc—
4s

—

Jan-July
...June-Dec

1956

debs

series

4s

conv

inc debs series B

A

1960

Mar-Sept
i960

Mar-Sepl

Volume 171

Number 4909

.

The Commercial and Financial Chronicle

.

.

(2119)

NEW YORK BOND RECORD
RANGE

Friday
Interest

Last

Period

Sale Price

or

s
Range
Friday's •

Oho 4s

&

1965

Celanese

Celotex
3 Vis

Mar-Sept

1981

*60%
*1015e

issue)

1960

Feb-Aug

*101S8

I ACentral Branch U P first gold 4s 1948—June-Dec
of Georgia Ry—

mortgage series A 1995
Jan-July
mortgage 4Vis series A Jan 1 2020—.May
mortgage 4 Vis series B Jan -1 2020—.May

AGen
A

Gen

Central RR Co of
General

Central

N

*84

mortgage

New

York

3 Vis

First

and

refund

Jan-July
ApriZ-Oct

1974—.;

67

66

gold

Refund and

R

&

and

series

1974

A

and

First
l.t

and

ft

ref

& Pacific

A

April
May-Nov

..May-Nov
A

1

1988—Jan-July

2038

Chicago Terre Haute

Jan-July

1951

5s

June-Dec

Southeastern

&

Rio

Grande

F

contingent

64%

66%

&

Salt

mortgage

contingent

Edison

125%

133%

3s

10 J

103 Viz

Detroit

69%

106 %

107 >/a

105

105

95%

95%

5

69%

67%

69%

110

Jan-July

89%

first

gold

2%s

1993

lien

I

June-Dec

;

1995

May-Nov

106

114

Detroit Tol & Ironton RR 2%s ser B 1976-Mar-Sept
Dow Chemical 2.35s debentures 1961
May-Nop

110%

1

1977

106

67 V4

102'/a

1

106 %

99%

mortgage

2%s

1979.

1

92%

13

100 Vt

101

102 Vs

104

99%

101

110%

111

93%

102 % 103

100%

April-Ocf

;

101V4
& Georgia div first 5s 1956-May-ZVop
(N Y) first cons gold 5s 1995_Jan-July
Elgin Joliet & Eastern Ry 3%s 1970
Mar-Sept

*110%

Edison El 111

*152

El

*109%

43%

4034

<3?

S'7

36

69

68%,

69

6

68

88

89

8

—

78

78

5

—

55

55

4

42%

42%

42%

46

40%

50%

First consol mortgage 3%s series E 1964_April-Ocf
First consol mtge 3Vas series F 1990
Jan-July

96

96

96

89

96

First

consol

First

consol

1/2

89

43%

/

**

73%

126%

*127%

-_

126%

84%

51"%

Paso

Southwestern

&

101

■

66

62

101

53

55%

8

100

66

62

55%

177

62

55%

53%

81

'

55 Va

*89

99

:

*103%

--

—

:

f

*102% 102%

.

■

—

84

'

90

99%

.

Firestone

!

103 Va

103%
103 %

84

18

79%

73%

16

72%

106 Va 106 Va

7

104%

106%

102% 102%

3

102%

104

103

103%

Tire

Rubber

&

East

70%
98 Va

85

87 Va

83

87 Va

123

86%'

"5

83

1953_Maj:-Sept
*100

1971_Mar-Sept

Coast

debs

3s

first

4%s

105%

3 03 Va

*103

June-Dec

104%

101%

103

2

103% 103%

1961——May-Nov

1959

80

59

46

69

103% 103 Va

"5

90%

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

A4s

income

conv

103

104

Goodrich

9

104

106

Great

104

3

102%

104'A

(B

F)

Northern

General

C

*110%

—

1

G

.

5s

4%s

debentures

first

Co

1969

—Mar-Sept

2%s

1965-May-Nov

mtge

series

series

B

C

90%
102

102

88 Ve

1976

D

102 Va 102

I T

Financial Corp—
2%s debentures 1959

April-Oct

City Ice & Fuel 23/4s debentures 1966——June-Dec
City Investing Co 4s debentures 1961
June-Dec

Va

101% 102
91

General

mortgage 3Vas series N

28

105%

107%

,:2

125 Ve

129

14

122 y8

125

99 Va 100 %

4

105% 106

1990——Jan-July

103'A

General

mortgage 3Vas series O

2000.,— Jan-July

mortgage

General

mortgage 2%s series Q 2010

100%

18

*96
91

110%

102 Va

10

96

Y*;

2%s series P T982_

*99

91%

101

94%

94%

81 Va

;99

Y

General

gold

General

Chic

St Louis

Ry—

1993-——

4s

series

5s

&

B

ADebenture

I '•

June-Dec

1993

June-Dec

Refunding and impt 4Vis series E

1977—Jan-July
1991_Jan-July
Division first coll trust 4s 1990_May-Nop
Cleveland Electric Illuminating 3s
1970—Jan-July
Cincinnati

Wab

Mich

&

80

Div

1st

First

mortgage 3s 1982
&

Series

Pittsburgh

D

3%s

Cleveland Short

65%

Cleveland

Union

■"'•"97"

*65

first

gtd 4Vis

Terminals

&

Southern

(stamped

Colorado
First

Fuel

97

T

2

>

■

—

—.

10

11

■'

95%
87%

95 Va

mortgage

3'/aS

and coll

Feb-Aup

3s

debentures March

3s

debentures

Columbus

&

Toledo

Commonwealth
First

trust

4s

97 Va

67

and

3Vis

external

4s

3s

and

L

2%s
mtge 2%s

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of

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ref

1st

ref M 2%s

M

1st

ref

1st

ref M

El

2%s

ser

M 27/8s

27/as

conv

Q
T

debs

103%

107%

„

106'A
106 Va

104% 104%

A

1982_Mar-Sept

ser

B

101V4

106 Va

First

Bell

June-Dec

133%

100

102%

April-Oct

102%

104%

Jan-July

1962.;

—May-Nov

receipts

1946

106

106%

21
865

104 Va

114

104

*102%

Co

Delaware

"or

&

2%s

3

series

A

debentures

1978

Hudson

footnotes

4s

104%

104%

104%

<7

Collateral

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106

106%

115

133%

Debenture
Cairo

«ee




page

29

36

88%

68 Va

58

63

70

April-Oct

37%

37%

38%

73

27

<42

102% 102%

21

102

11108%

„

*31%

103%

106

103%

92%

19

34'/4

*31

116%
104

95%

47%

49%

31%

26%
35 V4

89

26 Va

32 Va

32%

36

35

83

84

35 %

33 Va

—

35%

3%s

series

——June-Dec

*107

June-Dec

II

101%

93

104 Va

104

103 y4

106%

104

106%

104

106%

2:

105

gold

1951
1952

4s

1955

lines

1974—May-Nop
Jan-July
i
Jan-July

*101%

ApriZ-Oct
—-Mar-Sept
i
April-Oct

:

first

Linfes

first

3s

gold

4s

series

A

series

gold

5s

B

series

C

106

102%

102%
105%

107% 107 Va

2

106% 108
93
96%

1951—-

Feb-Aup

Jan-July

Hydro-Elec

103%
103%

1952
April-Oct
———Jan-July
1956
Jan-July
deb 6s 1944.April-Oct

94

94%

'

'

*100% 102%

101 Va

101 %

100%

'

'

•'

.

100%

102% 102%

3

102 %

100% 100%

2

100%

101%

100 Ve

101

*100%

—

•'

*100%
101

101

*101%

V

—

102%

103%

122

102%

102

—

—

100 Ve

101

"

2

101%

100%

'

100% 101 Va

100%
98

:

Y

102%

101%

—

101

103% 104 %

104%

'

2

101 Va 101 Va

106

44

99%

95%

95%

13

94

98

98%

10

96

99%

100

100 %

*99% 100
*93

100 %

;

—■

'•

'
-.

93%

101%
97%

96

90,

88%

90

134

81%

92

42%

40 Va

42%

154

32%

42%

84

84

75

86

84

60%

60%

1972—May-Nov

*98

Jamestown Franklin & Clear first 4s 1959_June-Dec

75

1st 5s B

74

94%

*101

1951

1952
1956

104

5

Adjustments 6s series A July
5s

102%

15

refunding 4%s series C 1963_June-Dec
mortgage 4s series D 1963_June-Dec
Illinois Terminal Ry 4s series A 1970—1—Jan-July
Indiana Illinois & Iowa first gold 4s 1950-Jan-July
Indianapolis Union Ry Co—
,
*
Refunding and imp 2%s series C 1986—June-Dec
^International Great Northern RR— '
6s

2

29

104%

refund

AFirst

101

102% 102%
104 Va 104%

and

First

—

*35

104 Va 104%

"Registered
:
:—Feb-Aup
Illinois Central'and Chicago St L & N O—
Joint first refund 5s series A 1963
June-Dec
First

100%

—

102 % 102 %

Feb-Aug
gold

„

May-Nop
—May-Nop

May-ZVop

4s 1953—

5s 1955
4%s 1966
Div

■

—-Jan-July

:

3%si 1952

trust gold

*100%

'1

84

60%

1
5
21

75

60%
96

99 Va

86

62%
100

103'A

103%

C

1951— L

gold 3%s

sterling

trust

gAInternational

*101% 102 Va

*__

Bridge gold 4s 1950

Western

106%

103

102%

104 V4

34 Va

June-Dec

106%

11104%

5

52 Va

26 Va

105

2

94 Va

*82

104%

11104

102%

June-Dec
Jan-July
Louisville Div & Term gold 3%s 1953
Jan-July
Omaha Division first gold 3s 1951.—1—Feb-Aug
St Louis Div and Term gold 3s 1951
Jan-July
Gold
3%s
1951
'
—-Jan-July
Springfield Division first gold 3%s 1951_Jan-July

110%

11104%

5

39

115

3s

103V4

H103

105 Va

*50%

*101

1965——April-Oct

extended

90

67

i962_June-Dec

101

first

gold

AFirst

mortgage

101 Va

89%
68 Va

A

:

Inter Rys Central America

Dayton Union Ry 3%s series B 1965—

100%
.128%

101%

Purchased

11109%

—

94%

1975_Aprll-Oct
Jan-July

99%

105

Refunding 4s

D
Dayton Power ft Lt first mtge 2%s
First
mortgage
3s
1978
■—,

123

100%

100 V8

105%

6

103% 103%

June-Dec

6

1957_u—_Feb-Aug

ser

5s A

gold 4s 1951
gold 3%s 1951s

101%

15

125% 133%

—Jan-July
Jan-July

deposit deceipts 1946

99%

36

*101

First

;

106% 106 Va

June-Dec

;

1952—

5s

99%
123%

108

AFirst

&

first

99%
123

101%

102%

101

99%

101% 101%

*104

115

104% 105

102

mortgage

99 V4

101% 101 ]/4

*104

ApriZ-Oct

;

79%
67

99% 300%

99%
105

*100% 101

mortgage 4%-3%s ser A

Extended

—

1976—

62

108

First

105'/a

*109%

Jan-July

151

*104%

A

First

first sink fund

Telephone 2%s series A 1981-Jan-July
3s series B 1978
June-Dec

Litchfield

1976

67

106

103%

*107%

First

100%
101 Va

City—
ApriZ-Oct

101

Consol

105'A

102

106

1979_Jan-July

1963_

1

1979
May-Nop
Consol mortgage 5%-3%s series B 1979—May-Nop

107%

301

2

—

106

1975—_Mar-Sepf
Continental Baking 3s debentures
1965—.Jan-July
Crucible Steel Co of Am 1st mtge 3 Vis 1966 May-Nov
{ACuba Northern Ry first 5Vis 1942
June-Dec

Deere

*11

mortgage

Consol

107

104 %

102 Va 104 Va

*99%

l6i%

74%

5

I
Illinois

107%

102 % 102 Va
*

103%

8
•

76

—June-Dec

1979

105%

106%
10

100 V4 100 V4

*100Va

1977_Apn'Z-Oct

U 1981

§A6s series B deposit

2%$

AAdjusted income 5s Feb 1957

108%

*—

Consolidated Natural Gas 2%s 1968——.—ApriZ-Oct
Consumers Power first mtge 27/es

f. a7Vis series A

*99

106

101

——>—Aprif-Oct
Jan-July

Manhattan

&

Collateral

1954—

§ A Deposit receipts
ACuba RR first 5s gold
§ A Deposit receipts

64%

67

Jan-July
May-Nov

1976

.

105%

107%

ApriZ-Oct

R -1981

ser

ser

74%
101

106%

105%

*106

April-Oct

Lt & Power (Bait)

ser

Hudson Coal

105%

106 Va

ser

series E

Bait

mortgage 4Vis

Consolidated Gas

2 Vis

mtge

Co

102%

108V4 108%

106 %

10

102% 104

3

H

100%

105%

April-Oct

debentures

Gas

100%

„

June-Dec

1999

mtge

refund

convertible

104

76

Water first mtge 2%s 1976—Mar-Sept
Hocking Valley Ry first 4%s 1999
Jan-July
Household Finance Corp 2%s 1970—
Jan-July

78

104% 104%
Y_

May-Nop

First

mortgage

2%s

1969

Illinois Central RR—

First and refund mtge 2%s ser C 1972—June-Dec
First and refunding 3s series D 1972

Consolidated

debentures

1968
M

1978

106%

62'A

75'/a

*104

1955_Feb-Aup

Feb-AUg

refund

105%

73

Co—

1977—

refund

and

7

53

3%s
first

107%

107 Va

102% 102 %

Feb-Aup
1970—May-Sept

Consolidated Cigar Corp 3Vis 1965
Consolidated Edison of New York—
First

106

7%

108%

a

*101%

Conn Ry & Lt 1st and ref 4Vis 1951—
Jan-July
Conn River Pwr sink fund 3%s A
1961—Feb-Aug

First

Util

mortgage 3s

3s

100%

107%

106 Va 106 %

75'/a

April-Oct
Mar-Sept

Elec

series

f debentures

s

trust

States

First

Hudson

3s
series
N
1978
debentures 1999

mortgage
sinking fund

3s

2%s

99 %
3

107

107

1964„ApriZ-Oct

1974

first

3s

First

Collateral

Corp—

Ohio

•

Hackensack

May-Nov

1974

Edison

mortgage

100

108% 108%

Mar-Sept

August

South

*100

April-Oct

1980

Columbia Gas System Inc—
3 Vis debentures
1973.—*-

&

107%

100

*99% 100 Va

103% 103%

April-Ocf

mtge

1st

April-Oct
..April-Oct

1971

Columbus

107%

Corp—

Electric

debentures

106%
106%

1959

9%

Mobile & Ohio RR—

General

Ry—

Iron

Columbia Gas &

21

debentures

3s

1

refunding 4s series B 1975——-Jan-July
inc 5s series A July 2015
April
First and refunding 3%s series D 1969—April-Ocf
General mtge inc 4s series B Jan 2044
April

87

Co—

modified)

&

IO6V2 107 %
*106

1961—April-Oct

mortgage 5%s series A 1972
mortgage 5s series B 1973
First mortgage 4 Vis series C 1977
Vis

87

Corp

Feb

B

First and

67%
62

82

3

G J If

98%

63.%
57

30

Greyhound

82

Gulf

1950——

First

4

61

*83

—June-Dec

First

Colorado

98%

65%

60%

RR—

guaranteed

Line

75

*99'/a 100'%

65%

4s

St Louis

Cleveland

80

certificates

102 %

67

4
'

'

Cleveland Cincinnati

102

93%
81

51

95

81

Jan-July

Jan-July
General mortgage 2%s series R 1961—_Jan-July
AGreen Bay & West debenture ctls A
Feb

96

83 %

10

99
■

102 ,/

103

124 % 124 %

124 %

Jan-July

110%

■

92%

102

1

128% 128 Va

Jan-July
Jan-July

1952

1973

series

General

—

67%

102% 103 Va

Ry Co—

5%s

General

General

1969—Feb-Aug
—Feb-Aup

70%

60

68 Va

68 Va

General Realty & Utilities Corp—

24

104 *

63 Va

97 Va

66

87

105 V2 106

*102%

83

refunding 5s series A 1974—Mar-Sepf
A Certificates of deposit
Mar-Sept
Francisco Sugar collateral trust 6s 1956—May-Nop

!

73%

106 Va

*83

Jan-July

2000

110%

*97% 102
-

AFirst and

?

102%

83

....

__

65%

66

April

105%

106%
—

60

99

12

.

*108%

104 %

•

56

tFlorida
99

April-Oct
April-Oct

mtge inc 4%s ser A Jan 2015

mtge 3Vas series G

*105%

71%

50%
87 Y

375

1965

5s

mortgage 2s series H
Ohio Division first mortgage 3%s

104%

52%

90

99

—

7

first

5s stamped 1965
Erie Railroad Co—

93

73%

I

86%

General

104

mortgage

96 Va

93%

100% 100%
*

Feb-Aup

-

First

69%

67 %

104

101

1st

112%

1961—

80

110V4

102

2%s

Co

4%s

117 Va

68

*67%

120 %

Tunnel

&

379

*69%

103 Va

112 Va

113% 116%

116%

108 %

101

12

June-Dec

Detroit

Terminal

105%

101 Va

June-Dec

93%

89

24
22

89

101

1982_May-Sept

1958

gold 4s

89%

105% 105%

June-Dec

series

106 Va

108%

77%

fixed

104 %

1

97%
1

1995

4s

Light

95%
67

95%

i.Aprll

1970

debentures

Mack

*103% 105

Jan-July

1993

interest)

refund

convertible
&

(3%

series H

3s

and

A Second

JOOV2 104%

8

103

mtge 23/4s 1975-ApriI-Oct
First mortgage 27/8s 1978
_Jan-July
Cincinnati Union Terminal—
Y

64%

5

'

Lake—

1%
Detroit

103 Va

101

Cincinnati Gas & Elec

1st

49

66 %
107 Va

107

fixed

(3 %

interest)

Income

104%

13

Ry—

1963.—Jan-July

65

Western RR—

mortgage series A

:•»

series

86%

57

*100

; First
2"%s series G 1963;.—Jan-July
Chicago & Western Indiana conv 4s *1952_Jan-JuZy
First and refunding 4%s series D
1962_Mar-Sepf

.

2042—May-Nov
April-Ocf

mortgage series A (4%%
contingent
interest)
2018

104

102 %

104

..

refunding mtge 2%-4%s 1994_Jan-July
1994
—Jan-July
3 Vis

1

1073—.

119 Va

110% 111 1/4

81

57

AIncome

104

June-Dec

2%-4'As

mortgage
mortgage

May
3s

114

Chicago Union StationFirst

46%

105%

..

gold 4s 1951—

&

4-6s

Light

1

RR—

Jan-July

Chicago St L & New Orleans

and

1999—April

1980

1st

&

East Tenn Va

1985

mortgage conv inc 4Vis Jan 1
mortgage 3s series B 1989—

Income

First

108% 109

Feb-Aug

5s 1997—

conv

4Vis Jan

Chicago Rock Island

First

Denver

Duquesne
110%

High

84

57

May

1979_Jan-July

First

67%

103%

119 Va

■»

l973_May-Nov

mortgage and coll trust 2%s

67%
48%

103

*112

Low

1977_June-Dec

General

*—

Jan. 1

No.

division

trust

Power

C

1993—uY-

mortgage and coll trust 3%s

64

RR—

inc mtge

Memphis Division

Delaware

94

2

2

mortgage inc

&

Collateral

1

3

—

104 V4 104 Va

ser

Essex

42%

104 %

mtge 2%s

Morris

—

104
■

consol

Range Since

Sold

Div

Western

series

5s

M

100 Va

105

3

17

Second

1st

152

71

April
Chicago Ind & Louisville Ry—
A 1st
mortgage 4s inc series A Jan 1983—.April
A 2nd
mortgage 4Vis inc ser A jan 2003
April
Chicago Indiana & Southern 4s 19E6
—Jan-July
Chicago Milwaukee St Paul & Pacific RR—
First mortgage 4s series A 1994
Jan-July
General mortgage 4 Vis inc ser A Jan 1
2019.April
4 Vis conv increased series B Jan 1 2044
April
Chicago & North Western Ry—
First

44

103 Va 103 Va
104

refund

&

mortgage due

62
;

168

38

1990——„„

and

Denver

*103!4

Lackawanna

AIncome

39

7

100'a 101 Va

First
mortgage 33/4s series B
Chicago & Erie 1st gold 5s 1982
Chicago Gt West first 4s series
AGeneral

36

68

48%

100 Va 101 Va

3s

First

64

CO F*

/

—

125% 126 Va

mtge

York

104%

i

,

100'A

Chicago & Eastern 111
AGeneral

43 V4

Bonds

High

Delaware Lackawanna & Western RR Co—

—

100%

1958
i
Mar-Sept.
refunding 4Vis series B 1977—Feb-Aug
refunding mortgage 3Vis 1985—Feb-Aug
refunding mortgage 27/8s 1970—Feb-Auo

and

First

Low

103

125%

4s

First

%

Range
Fiiday's

or

Bid ft Asked

Sale Price

Period

Exchange

100%

105 % 105%

gold 4s 1989..Jan-July
Second consolidated gold 4s
1989—Jan-July
Chicago Burlington & Quincy RR—
General

47

43%

:Feb-Aup

1992

first

New York Stock

108

58
5

__

Mar-Sept

div

A

65

impt M 3 Vis series D 1996—May-ZVop
impt M 3Vis series E 1996
Feb-Aup
impt M 3%s series H 1973—June-Dec

Refund and
Refund

4Vis

106

67

*64 %
47 %

Week's

Last

Interest

BONDS

High

First

First mortgage 3%s series B 1968—
Feb-Aug
Champion Paper & Fibre deb 3s 1965—Jan-July
Chesapeake & Ohio Ry—
General

Low

Y"'.;.'Y.

.

3 Vis

1

lVo

1987
3s

Power

No.

Y.

J—

Central Pacific Ry Co—

1!>

'

High

103% 103%

Central
First

Jan. 1

New

June-Dec

(1947

MAY

Range Since

Sold

"106% 107

Corp 3s debentures 1965
Apnl-Oct
Corp 3%s debentures I960—__Feb-Aup

debentures

ENDED

Friday
Bonds

Bid & Asked
Low

Carthage & Adirondack Ry—
First mortgage guaranteed 4s

WEEK

Week

BONDS

New York Stock Exchange

Carolina Clinchfield

FOR

1963—May-Nov

<

103% 103%
93%

93

93%

1

65

93

99%

Jersey Central Power ft Light 2%s

1976—Mar-Sept

75 Va

102%

10

72

76%

102

103%

27

28

(2120)

The Commercial and Financial Chronicle

Monday, May 22, 1950

...

NEW YORK BOND RECORD
RANGE

Friday
Interest

BONDS

WEEK

ENDED

MAY

19

Week's Range

Last

Periodi

New York Stock Exchange

FOR

Friday's

or

Bale Price

Low

Range Since

Sold

High

NO.

Low

Low

High
Central

April-Oct

*102

1st

mortgage 2%s
1978
Kansas City Southern Ry 4s ser A 1975—Ajril-Qcb
First mortgage 3%s series B 1968
June-Dec
Kansas City Terminal Ry 2%s

Kentucky Central 1st mtge 4s 1987

Kentucky & Indiana Terminal 4%s
Stamped

1961——

105

105

105'/a

certificates

1959

103%

59

60

63 %

62%

63%

69%

69

70

103%

103%

25

*114% 116%

114%

"31

General

114%

3%s

Va

104

105%

Lakefront Dock
First

Lake

&

RR

debs

conv

1963

10

%

1%

Harlem

&

115'/a 118%

27

ft

Mich

3 Vis

registered

Lautaro

Nitrate

gold 3'/2S

1997_June-Deo

Co

89

89

June-Deo

90%

"86

14

1975

June-Dec

95

1970-AprH-Oef

49%

97

95

14

97

97

5

Harlem

90%

95

ref

5s

stamped

1954

Feb-Aug

100% 100%

ft

ref

5s

stamped

1964

Feb-Aug

"83

1st

&

97

N

ref

5s

stamped

1974

Feb-Aug

100%

76%

Lehigh
First

mortgage

Lehigh

4%s

extended

to

70

76%

68%

101

consolidated

mortgage

Series A

4s

4'/is fixed

Series C

5s

Series

D

fixed

interest

iixed

4s

interest

67

11

70

71%

12

70%

53%

52%

53%

28

51%

57'/a

6

56%

63%

6

62 %

65

118

contingent Interest 2003
contingent interest 2003
contingent Interest 2003

E

4%s

*

May
May

5s

May

Lehigh

Valley Terminal Ry—
mortgage 5s extended to 1979
Lexington & Eastern Ry first 5s 1965
&

Myers

Miami

Lorillard

Tobacco

general

Electric

,

(P)

series

debentures

Co

1962

First

and

1951

ser

mtge 33/4s

ser

refund
Div

33%

38%

36%

42%

40

92

,25

45'/a

second

gold 3s

Knox ft Cincinnati

Louisville Gas & Elec

Div

1st

75

76

13

104

104

104

"103'A

74%

1980

4s

121'/a

(R H)

Maine

&

Central

Co

2%s

RR

11

104

series

A

103'% 104

92

92

103%

Prior

105%

103%

105'/.

2

91%

100%

84%

83

99% 100

100

13

99%
95

108

108

RR

(Southern

Dept Stores

Llnea)

2%s

4s

3V«s

debentures

"102

4s

May-Hoe

First

'

gold

3%»

3'/as

1951

95

2%s

1969.

mortgage

3%s

1969

sinking fund

HAMidland
Minnesota
Minn

St

First

of

N

J

first

&

Mfg

Mining

Paul

&

Saulte

mortgage

4Vis

ext

aeries

-

Jan

Prior

5s

A Cum

series

series

A

B

AFirst

AGeneral

"57%

103'/a 103'/a

82%

Morrell

Ry

(John)

first

3Vis

&

Co.

gtd

4s

series
3s

Jfar-Bept

'79 %

B

1966

Feb-Aug

Mountain

198g_Maj-Nos

mtge 4 Vis

States

Tel

debentures

ft

series

Tel

B

1955__May-Nov

2%s

1986

105%

103

55%

84'/a

-

National
3s

Chattanooga

mortgage

Dairy

Distillers

National Steel
National

82%

,40

93

109%

3s

4%s

1975

First

55

First and

85%

First

84 %

and

2%s

guaranteed

and
and

;«

First and
First

and
and

72%

82%

101 % 103%

26

93%

•;

105%

/ 75%

79 %

557
464

102% 104'/a

67

.49

>

45'A

49

'•>;

104%

102% 104%

103%

101 % 103%
60

103%

and

73

101% 103%
-

84%

First

60

103% 103%

63%
92%

574

33%

40

'

'•

135
:<

2

92%

58%

59

54%

87%

60

t

75%

84

123

"

72

98%

98%

-12

98%
105

J

Junction

Ry—

1974

RR

gtd

first

Jersey
Orleans

New

Light

Nor

Refunding and lmpt
Orleans

tNew

Orleans

AFirst 5s
A

series

5s

series

Certificates

AFirst

4Vis
5Vis

B
of

of

series

ACertificates

of

105

105

104

104

Jan-July

4s

Mexico

1954

A

1903—Jen-July

104

i

3s series

L 1974

3a series M
3a aeries

101

1979

2%s series Q 1*80—June-Dee
3%s series R 1882—Jane Dee

1956

Feb-Aug
—

101%

105

106

103%

104%

101

15
■—

101%

118%

1954




106

Feb-Aug

1983.

:

'

102

105%
103

1013s

103'A

101%

102%

99 Va

99%

106

107%

Jfar-Sept

Airlines—

,101

4s series ■

trust ctfs 1002

-

106

V..

.

4%s series A

General

series B

4%s

1980

1965

"106.

.

-

General mortgage 4Vis series E 1984
Convertible debentures 3 Vis 1952

t

»

106%

100'a

102%

104%

M

102 «/2

106 Va

1

'»

.

104

18
•

A

v'".*l
28
•

104% 104%

5

99%
;'r* 10134
♦v;
105
'

j

105Vi

J

100%

;S

106%

__

>

:K'J-

106'A

i°l%

;}

107%

101%

;

,

1037A
105%

104

1

..

i

/

'

99% ' 99%

"104'A

70%

70%

71%

,

Peoria

&

}< 103% 104

tvvA

4

Eastern

1st

4s

external

1960

1

;

j

~

68%

77%

«i

4s April

1998

Baltimore
series

5s

B

103

103'A

104

105'A

;}

ft

Wash

RR

1974

Feb-Aug
Jan-July

1977

and

2%s 1981
fund

70

100 Va

105%

12

104

109

97%

44

96%

97%

33

101'A 101%

97

43

100%

8

,80%

80%
57%

57%

16%

57%

82%
16%

93%
94

5

101% 101%

82%

;

53

1

57

115

99%

:
;

99%

101%
86
61

14%

18%

-i

101%

.

"110
109

109

-

109

6

"102% 102%

103%

'

110

118%

107%

110%

102%

104%

102% 102%

10

102%

104%

102 % 102 Vi

."——A

10

102

103%

102%

103%

104

104'A

"102 % 102 %

1937

"103%

Feb-Aug
Jan-July

•.•••

',

,

—

8%

8%

"6%

7%

4

8

7

11%
10%

Feb-Auy

102%

102% 102%

17

102%

103%

Jlfay-Nov

1073i

106% 107%

601

104 V»

107%

Pittsburgh Bessemer ft Lake Erie 2%s 1996June-Deo
Pittsburgh Cincinnati Chic ft St Louis Ry—
Consolidated

104'A

113%

'

4s

Phillips Petroleum 2%s debentures 1984
1975

8

10

96%

June-Dec

refunding 2%s 1978

15 A Philippine Ry 1st sink
ACertificates of deposit
debs

104%

Oo—

104%

and

104

•

104 Vi

and

conv

—

103

101 %

April

General geld 4%a series O
Philadelphia Electric Co—

2%s

i

102% 104%

,107% 108%

Mar-Sept

General

7

113% 113%

;

—

JLpril-Oct

A Income

■'•:•'■'■
•/>

Jen-July

April-Oct
General mortgage 3%s series F 1985—Jan-June

103%

101%

106%

104 V2

105

10134 101%

."101%

97%

103 %

100

104%

17

106% 107%
*

Aprll-Oct

4Vis series D 1981

5

101%

V

106%

104%

13

104'A

•'}

107

1-''

107

105% 105%

•.

108'/a

First

97%

106%

"

! 16 fi

104 »A 104'A

-Ait

June-Dec

102%

100%

26

10
'

% 102% 102%

r

June-Dec

1968

100'A

101%

107%

104%

32

'

:■> 100% 100%

Feb-Aay

1

99'A

v

<

?

104% 104%

.

100%

Aprll-Ocl

sinking fund

102% 102%

,

; i

106'A

105%

5 V

-

■

21

Jane-Dec

.May-Noc

99%

105%
104

./g

106%

t 104 Va 105 '

104%
"f

_May-Noo

103%

-

104'/a 105

June-Dee

5

104%

,

Power ft Light Co—

2%s 1971

100

<

10 4"'"104 %

•

May-Nov

2%s 1967.

7

102 Vi

103

106%

y

_____

106

Aprll-Oct

2%s 1974.

26

.*103

102%

101

1

' 101

103

13%
106%

100'A

15

...

refunding
refunding
refunding
and refunding

39

12

104%

100% 100%

1Q0%

Mar-Sepl

*

First and

100

89'A

102

"104% 106'A

—A:

First

102% 102%

115

—

12%

."12

99%

106

_

dyrU-Oot

•

101% 101%

Aprll-Ocl

105%

__

deposit

tnrtr\n1*

119 V*

105

3

denoslt
A

97'A

"104% 105

June-Dec

i

4

100

90%

99

Aprll-Ocl

1078.

debentures

1988

Jane-Dec

First

101% 101%

97%

4

'

3s series 8 1«8*_

debentures

Pennsylvania

106%

99'A

1956

D

90%

"105

June-Dec

105

100% 101%

4

"101% 102'A

2%s series P 1981—Jane-Dee

Pennsylvania Glass Sand 3%s 1960

103%

105%

deposit
deposit-.

101%

N-1977—June-Dee

A3%s convertible lnc debs 8ept 1-1990

96

102'A
v-i

—

Vnr

93

Ry—

AyrR-Oct

84%

.

102% 102%

Jane-Dec

107%

103% 104%

59%

'

104

103% 104

3
48

'

105% 105 %

1963—Jan-July

66

94

"101'/a

3%a series I 1999—Jane-Dee

1987—.

Guaranteed

99%

RR—
aeries

gtd

70 Ye

94

93%

-Feb-Aug

106%

"80

102%

94

Jan-July
Mar-Sepl

I

First

1983

86

•

1

106% 107%

107%

63%

61 %

85

May-No®

8

Jen-July
Feb-Aug

1986

3s
A

4 Vis

&

C
of

series

ACertificates
AFirst

5s

first

Texas

Certificates

AFirst
A

Term

1

"118% 119

1974—_Jfar-5eyl

4s

Orleans & Northeastern

&

Great

-

1978.

1988.:

Philadelphia
May-Hoe

105 Ve

.

Pere Marquette Ry 3%s series D 1980.

-Jfar-Bept

New

Power

104% 104'/a

>100% 101'A

65%

Pennsylvania Co—

105%

May-Nov

3 Vis 1988

New

New

*104% 105'/a
104%

112

3
48

107

61

102%

108'A

.June-Dec

debentures

General

Apm-Oct

Aprfl-Od

107

36

Mar-Sept

2%s

debentures

Consolidated

June-Dee

133%
117

107

113

.'■\l

84%

95

94

126 %
114

64%

85%

3s series;J 1979——June-Dec
3s series K 1971
Jane-Dec

Pennsylvania-Central

88

82%

95

17

88

—

107

1955Jan-July

59%

86

3

1974

101%

2

108 % 109%

65%

Pacific Western Oil 3%s debentures 1964—June-Dec
Paducah ft 111 1st sink fund gold 4%s

102

59

Aprll-Oct

Jersey Bell Telephone

101%

90

"

Electrie Co—

104

84

50

ft Electric

3%s

62%

103%

15

1961

107%

"109

108 Vi

i—Aprll-Oct

3 Vis

105

87%

105% 105%

1982

106%

"115

Feb-Aup

Ohamplaln

3 Vis

49

101

102% 102%

B

106%

3

126% 127

126%

Jen-July

;

2%s

106%

56

*101%

1974

series

107%

105%

101%

Aprll-Ocl
—

Pacific Tel & Tel 2%s debentures

105

93%
i

2

79%

First and

,94:;.. 105,%

.

Co—

4 Vis

107
1

90

Feb-Aug

1979

1979—

refunding
refunding
refunding
refunding
refunding
refunding
refunding
refunding
refunding
refunding

First and

95%

75

77%

-

debs

1954

4s

103%

65 '/a

74
32

June-Dee

gold

debentures

3s

N

first

17

80

101'A

17

106%

84%

35

debs

Corp first mtge 3s 1965
2%s debentures 1967

74

78

107% 107%

107%

Mar-Sept

first mortgage 3s

General 5s

Supply

debentures

New

3 Vis

53

103%
88

77%

82

82%

Feb-Aug
1970—June-Dee

1970

England Tel & Tel

First

1986

13'/a

105% 105'A

-Jane-Dec
1979^Oregon-Wasblngton RB 3s series A 1999—Aprll-Ocl

Louis—

B

2%s

Products

Naugatuck RR
New

Bt

&

series

42%

5
—

14%

101% 102
107%

102

first mortgage 2%s 1977—April-Oct

Gas

48

AprH-Oct

Products

debentures

Nat'l

3s

106%

First mortgage 3s

N
First

101%

105

Power Co—

First mortgage 3s 1978
Pennsylvania RR—

Nashville

64

101

28

"76

9'A

3%
103

57

1

12

49%

14%

Quar-Feb

First mortgage 3%s 1878

87%

84'/a

3 '7

22

104'A

May-Hoe

1978

62

Quar-Jan
1 2047

ft. Lake

Ohio Edison

101'A

"l

103%

1958—May-Hoe

<

Morris ft Essex first
guaranteed 3Vis 2000June-Dec
Construction mortgage 5s series A

Construction

r

1991—Mar-B«pl

debentures

2%

102 %

Co—

1975—-..ii.————•

6%
102

O

First

1967

51

104%

r

IPO

100%

is

48%

91%

103%

Malohe

"Monongahela

.

"80'/a

refunding 5s aeries A 1969—Feb-Aug

Jan

refunding 5s series F 1977—Jfar-Bept
refunding 5s aeries O 1978—May-wop
JAConvertible gold 5Vis series A
1940—Jfey-Nov
AFirst and refund
gold 5s ser H .1980
Jprfl-Oet
AFirst and refunding 5s series I 1981
Feb-Aug
&

*

77

A

225

49'A

Quar-Jan

first mortgage 2%s 1974-

mortgage

tOgdensburg

107%

102%

—

80'A

92%

and

Mohawk

108%

...

106'A 106'A

—Jan-July

and

3'As

1

3

77'/a

4s

AFirst

AFirst

82

100% 101

Aprll-Oct

RR

101 %

84%

81

Pacific
and

107%

108 % 108%

—Jen-July

ser

145

2%

Jan-July

{AFirst guaranteed 4s 1948

103

"81%

82%

5s

trust

States

Oklahoma

"102

"103%

1978..—.,-

7%

62

.Mar-Sept

First mortgage 2%s 1078

Jcn-Julv

adjustment

^Missouri

1962
D

101%

105 Vi 105'/4

Jan-July

—

101%

First

1962

series

70%

"100 % 101%

105%

.Feb-Auy

102'/a

48'A

4 Vis

64%

42%

% 102

—Feb-Aug

1997

3 Vie debentures

104%

•84%

lien

100

102%

1971—May

lien

204
312

2'/a
"101

Jan-July
Jen-July

1980

3s Jan

Pacific Gas ft

A

81

72

103%

"106% 107%

Missouri-Kansas-Texas RR—

Prior

1977

First mortgage 3s 1879
Bell Telephone—

95

—

mortgage 4s lnc ser A Jan 1991—May
Kansas & Texas Ilrat 4s 1990—Jaac-De#

40-year. 4s

gtd 4s 199S

Northwestern

Marie-

8t

74%

77%

9

*

12

"103 % 104

AprU-Oef

1940

1967

AGeneral
Missouri

1

Jen-July
Aprll-Oct

1967

5s

2%s

lnc

88%.

68

Mar-Sept
Mar-Hept

debentures

lien

(Wisconsin)

76
96 Va

54%.

95

"102 %

May-Nov

mortgage
37/bs

97%

72'A

6%

7%
2%

Mar-Sept
Aprll-Ocl

1978

1997

4s

(Minnesota)

Mux-Sept

1952

94

Co—

Ry

registered

Northern

102%

70

88%

5

100% 100%

Refunding and impt 4Vis aeries O 1079—Jan-July
Michigan Cons Gas first mtge 3Vis I960—Jfar-Bept
First

72

•—.

.

t

Michigan Central—
Lans ft Sag

.

Pacific Ry—

Collateral

95

109

103%

102

—

71%

Aprll-Oct

.

''

4

72

104%

"104

3s registered 2047
Quar-Feb
Refunding and Improve 4%s ser A 2047—Jen-July
Refunding and improve 5s series O 2047—Jan-July
Refunding and Improve 5s series D 2047—Jen-July

104%

107%

"95

1972——Jan-July

1988

45 %

*

96'/a

Power Corp—

2%s

mtge

lien

First

Mead Corp first
mortgage 3s 1966__—
June-Dee
Metropolitan Edison first mtge 2%s 1974—May-Woe
Michigan Bell Telephone Co—

Jack

consol

First mortgage 2%s 1975—.
First mortgage 3s 1078

June-Dee

1959

debentures

Mohawk

General

88%

102%

2

"101% 102

1973_May-JVot

mortgage & con 4s series B 1954_June-Dee
Manati Sugar 4s
sinking fund Feb 1 1957—May-Nov

May

66%

43%

Corp first 8%s 1963—

Southern

Northern

61

3

92

"83%

First

Manila

95%

65%

general ft ref 5« 1974
Mar-Sept
General and refunding 4 Vis ser A 1974—Mar-Sept

102%

11

103% 103%

May-Hoe

1960

95%

45 %

Northern Central

105%

102%

„

61

1979—May-Noe

debentures

4 Vis

100%

66%

mtge 5s convertible lnc 2014—Aprll-Ocl
Norfolk & Western Ry first gold 4s 1988—Aprll-Ocl

M
Macy

101%

100%

79%

first gold 5s 1943
May-Nov
Telephone 2%s series D 1982
Jan -July
Refunding mortgage 3%s series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jen-July

General

123%

Afor-8ept

1955

100%

100

'

Y

Niagara

77%

6

121% 122%

April-Oct
O 2003.—AprO-Oct
H 2003__Aprfl-Oct

mtge 2%s

95%

14

79 Vi

Susquehanna ft Western RR—
refunding 5s 1937

Norfolk

RR—

mtge 2%s

92'/a

96%

AGeneral

Feb-Aug
Aprll-Oct

refund

Louis

1st

Niagara Falls Power *%*

-

mtge 3%s ser F 2003

First and

43%

June-Dec

refund

First and

40

41'/a

Msy-Nos

1952

5s

36%

37%

43 Vi

Aprll-Oct

3s

debentures 1963
Louisville & Nashville

34 %

39

Feb-Aug

A

A

36 Vi

Aprll-Oct

1951

5s

series

4s

7s

'. 97%

61

63'/a

103%

6
3

101%

{ATerminal

57

56%

F

Liggett

Y

102
98

92%

"71'A

{ASecond gold 4%s 1937
{AGeneral gold 5s 1940-

75%

57

Series

First

59%
56

53 Va

101'A 101'A

101%

June-Dec

Electric ft Gaa 2%s

IN

May-Hoe

Series

ALombara

Putnam

80%

May-Hoe
May-Hoe

2003

55%

52%

"96 'A 100

1955

&

Y Steam

bonds—

2003

interest 2003

18
"

& Port Chester—

Y

Y State

N

N

Series B

56%

55 Va

56%

—May-Hoe

Power ft Light 1st mtge 2%s

N

Valley RR—

General

61

57'A

Jen-July
1973

A

Y

75 Va

6

70

71

71%

84 %

78'/a

56%

97%

mortgage

85%

.

1974—Jen-July

79

74

11

.

56

Jan-July
Jfay-Nov

2043

series

5 A First

Feb-Aug

'

& Hartford RR—

River

82%

2

87%

Valley Harbor Term Ry—
mortgage 5s extended to 1984
Valley Railway—

58%

92%

4s 1954
Jfay-Nov
y Ontario A West ret 4s June 1992—Mar-Sept

IAN

94

N

&

First

32

77

102

Veo-Aug
Ifoy-Noy

2000

1973

B

AGeneral 4s
A

aer

65%
72

80%

"54 %

refunding mtge 4s ser A 2007_Jan-Julj
mtge conv lnc 4Vis series A 2022—May

AGeneral

91

First

1st

Atl

9 4'/a

84

1st

Lehigh

89

88

Ltd—

mortgage income reg
Coal ft Navigation <v>

61%

67%

"53

56%

Aprll-Oct

series B 2043—

West 4s

New Haven

Y

First and

3%s

series A

4s

&

series

4 %s

H

1997

Sinking fund mortgage 3 Via
Lehigh Valley Coal Co—

St

121

Terminal-

South

AFirst

Lehigh

Little

114

Lack

Y

mtge sink fund 3%s series A 1968_J«n«-Dec

Shore

gold

Mortgage 4s
118 Vi

62

148

1

79%
58

Feb-Aug

1998

Y Connecting RR 2%s series B 1975
N Y Dock first gold 4s 1951

N

Ifor-Sept

1998

registered

Mortgage

Light 4 Vis

High

88

77

58

Feb-Aug
Feb-Aug

N

L
Gas

3 Vis 1998

York Chicago ft St Louis—
Refunding mortgage 3%s series S 1980—Jane-Dec
First mortgage 3s series F 1986
April-Oct

181%

NY

Laclede

58%

New

181'/a
2

*/•

gold

80%

JenrJuly
Jen-July

1997—.

1997

collateral

registered

3%s

100

97

185

104% 104%

Mar-Bept

1098_

Michigan Cent collateral gold 3%s 1998—Feb-Aug

101

108
"98

104 %

3%s

registered

Shore

A

Hudson River RR—

ft

mortgage

3 Vis

Lake

27

27

100%

.

Central

105%

102%

Y

106

__

*101

—

5s

103%

—

"104%
"102%

Plain 1961
Jon-July
4'/is unguaranteed 1961
——Jon-July
Kings County Elec Lt ft Power 6s 1997
Aprll-Oct
Koppers Co first mortgage 3s 1964
Aprll-Oct

lAKreuger ft Toll

102%

N

Aprll-Oct
Jan-July
1961—Jan-July
Jon-July

1974

103 %

99

59%

Refunding and impt 4%s series A 2C13_Aprll-Oct
Refunding and lmpt 5s series C 2013—Aprll-Ocl

*82

June-Dec
June-Dec

Jan. 1

Low

No.

Co—

RR

series

4s

Range Since

Sold

High

.Feb-Aug

Consolidated
& Mich 1st mtge 4s 1990
City Power ft Light 2%s 1976

Bonds

Friday's

or

Bid & Asked

Sale Price

Period

New York Stock Exchange

New York

Kanawha

Last

Interest

BONDS

Jan. I

K
Kansas

Week's Range

Friday
Bonds

Bid & Asked

"100% 101%
"103

guaranteed 4s ser F 1953—June-Dec

Consolidated

guaranteed 4s ser G 1957—May-Nov
Consolidated guaranteed 4s ser H 1900
Feb-Aug
Consolidated guaranteed 4%s ser I 1068_Feb-Auy
Consolidated guaranteed 4%s ser J 1964_May-Nov

"106%
mm**

'.

"103%

"113%

99

106%

—

'

■

—

—-

—

106%

103%

__

"113
—

99

108

103%

111%

113%

111

113%

i
-

Number 4909

Volume 171

.

.

(2121)

The Commercial and Financial Chronicle

.

29

NEW YORK BOND RECORD
RANGE

Last

or

Sale Price

Period

New York Stock Exchange

Bid & Asked

Pittsburgh Cine Chicago St St Louis RR—
General mortgage 5s series A 1910
June-Dee

High

103%
103%

107%

83
100

102

Jan-July

102% 102%
102% 102%

E

5

102%

103

102%

Providence
Public

3'As

refunding mortgage

First

and

First

and

First

106

1968_Jan-July
refunding mortgage 5s 2037—Jan-July
refunding mortgage 8s 2037—June-Dec
refunding mortgage 3s 1972—Map-Nov
refunding mortgage 2%s 1979-June-Deo

and

First

104% 104'A

and

First and

Tri-Contlnental

106

151% 151%
*__

106

'

•

'&■

2

104'A 104 %

109%

Electric

2

152
225

106%

debentures

*102

105'A

101%

—..

United
S

Gas

Rochester

Electric

&

Gas

4%s

mortgage

90%

series

95'A

104%

Corp—

105%

*120%

D

~1

*7%

107%

7

9

8'A
10 y«

8%

—-

Second

gold 6s 1996
St Louis Rocky Mt & P

stamped

5s

Louis-San Francisco Ry

St

*68%

1959

gtd

consol

RR

B 1957

Electric

Virginian Ry

101

117% 118

117%

Air

Seaboard
First

Line

RR

AGeneral

4%s series A Jan

mtge

3s

debentures

t£ ASilesian-Amer

debentures

coll

Corp

2%s debentures

Oil

2 %s,

debentures

85%

157

83%

98%

1941_Feb-Auy

104%
127%

100

101 %

7s

2%s

debentures

36

63

22

*123'A

1987

First

4%s

(Oregon Lines)

Gold

4%s

A

*—

104%

*77%

99%

98'A
53%

—

—

68%

98%

99%

105%

102
105

77

83

43

99%

97%

96

95

\

98

1,086

100%

106%

102% 102%

10

102'A

103'A

1960

mortgage

2%s series

E

1986—

mortgage

t%a series

P

1996—:

First

mortgage

series G

1961

Ry first consol gold 5s

1994.

Devel

and general 4s series A 1956
Devel and general 6s series A 1956—
.Devel and general 6%s series A 1956
,

Memphis

"St

Louis

Div
Div

Southwestern
"

3'As

A

gold 5s 1996__
gold 4s 1951

first
first

Bell

Tel

debentures

2%s

debs

1985

1983

(N J) debentures 2%s

2%s debentures

Sunray

Oil Corp

Swift & Co

2%s

debentures

A

July

Certificates

93%

;
1966

1973

17

*101% 102

107%
103%

105

124% 125%

125

130%

1.03

16

105%

114%

■/•A:./'"

104

105

*104

2

104-

3 031/2

91

91

92

12'

881/4

92

96%

961/4

97

41

96'A

101

3.04%

1C3

*103%

of

74

.12

99

9

98'A

88 '/2

38 %

2

88

50 %

52

3

*100%

54
101

101A

103

105

lQl-i'n 101W

106%

105%

106%

105% 105%

5

104 %

106%

106% 106%

3

106

107%

106 %

/ 57

—

64%

61%

62 %

25

58

59 'A

42

55 %

44

101%

104%

104

103% 104 %
104 V 104'A

104

105%

102%

102s/b 102%'

5

101%

102%

62

99%

62

58'A
v

104

101% 102

102

.5/

v

:

60

u,

102

'

"'95%

101%

111

105V8 105%

*

101%

*—

J.
'

103% 103%
*103 'A

—

102%
V.

'Ti:

77% -;t

48V4

■

102

106

105'A

.V

•.r

17

....

•

.

' *,

106% "•) i

991/e

:

Jan-July

100% 106%

106%

107%

2%i 1976_Jan-Julf

99%

„99%

j

]

100%

109
108

105%

-

Yonkers Electric Light St Power
*
a

Deferred

delivery

year's range. d-Ex-lnterest. e Odd-lot sale
Under-the-rule sale not included in the year's range, r Cash

not Included In the

sale

100%

102

3

101%

103'A

included

106%

107

not

included in the year's range,

the

not
sale

Bankruptcy Act, or securities

—

56%

5

56%

103%

63

102% 102%

16

105

91 Vb

102

IO->%

103'A

99%
101'A

102

1S

104'A 104'A

Ex-coupon.
„

Section 77 ox

HThese
here

104%

104

y

""
'•
bankruptcy, receivership, or reorganized under
assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during current week.
selling flat.

ABonds

102

5

n

BNegotiabllity impaired by maturity.
'

98%

4

102

101% 101%

year's range,

fCompanies reported as being in

59

40

5

98%

98

the

in

is

issues

were

combination

a

«

,

..

.

,

previously listed on the Curb Exchange.
all sales on both Exchanges.

1950 year s range

shown

H■■/'.;V''' 'V'

The

■

of

NEW YORK CURB EXCHANGE
WEEKLY
In the

following extended list

we

furnish

a

AND

RANGE

Week's

Last

Range
of Prices

Shares

Par

Vending

ABC

Corp.-

ACF-Brill Motors
Acme Aluminum

—

Low

10'A

1

11

9%

24,800

1%

100

2,800

4

»/8

4%

4%

4%

800

1

2V2

2%

2%

1,200

.

—10

.

Supply Manufacturing
Agnew Surpass Shoe StoresAinsworth

Manufacturing

Air Associates Inc

•"

•

x9% May
I'/b Jan
3

Jan
Jan

31

For footnotes see

page




_

:■

Y. Week's

Sales

4%

Jan

3'A

Apr
—-

■

5

13%

13%

14%

26,100

10'A

Apr

8%

8%

8%

500

7%

Jan

for Week

Shares

Alabama

Apr

Alaska

24% May

Jau

V-

Range
of Prices

14

% May

9'A May

Low

v.;

Alles

Power 4.20%

Airlines

& Fisher

Products

Altes Brewing

Altofer Bros

Low

10%

11%

500

92%

30

7%

Jan

80

Jan

99%

preferred-

Jan

1

High
12

Apr

92 % May

102

Feb

Corp.

(Mich) common—

%V*

5

6,900

4

Jan

5% Mar

5%

4%

Inc
common—_

Allied International Investing
Allied

Range Since January

High

92

10%

Air-Way Electric Appliance
Alabama Great Southern

May

5%

1%

Last

Sale Price
Par

May

2

4% Mar

—1

cam men

(N J)

"A;

High

'

Aero

.

New York Curb Exchange

Range Since January 1

21

438
4V'«

—

19

Friday

Low

^3,- —1

Alloys

Hat Stores Inc—

ENDED MAY

Saturday, May 13
security, whether

STOCKS

High

1%

warrants..—

Acme Wire Co common

Adam

1

WEEK

for Week

Sale Price

Exchange

FOR

Sales

Friday
New York Curb

New York Curb Exchange for the week beginning
Curb Exchange itself, and is intended to include every

complete record of the transactions on

ending the current Friday, May 19.
It is compiled from the reports of the
stock or bond, in which any dealings have occurred during the current year.

and

STOCKS

'

RECORD

YEARLY

Apr

6

i

.'ay
Jan

~3%

100

3%

Jan

17%

17%

100

16%

Jan

18%

6%

.'an

6

Jan

5%

33.

4

~3%

5%

2.900

5% May

5%

Co

common

■

*"

tf

46%

99%. 99'/a

96

92'A

■

I

78%

76
41 %

50

47

j

74

5

46%

-Mar-Sept

115%

41

*—v
_

103

1.14%

■

■77%: 77'A

:
.

'].

103'A

-102.

:

"2

77%

77

;

|

103% Y i

101%

;

*113% 115%

-June-Dec

105%

' ■"

•

2

,

102% 102%

April-Oct
Jan-July

■

111%

3 05 Ve

"

618

102%

IO5V4

595

109% lll'A

Mar-Sept
Mar-Sepl
Jan-July

101%

22

'>

97%

85

182

97%

3 01 %

97%

Mar-Sept

—-

mortgage 2%s 1979——
Public Service 3'As 1971

91

50%

105'/b 105 %

1936—May-Nov

2%s 1976

101%

101

f

„

*105%

Jan-July

deposit

79%

73

73 A
99

Jan -July

div and term first 4s
deposit

81

73%

75

*74%
74

1950

1

Wisconsin

103% 103%

May-Nop

--//■

107%

1.05

102

„

105%

6

*107

102%

92

1061/4

■4

3 06 I/4 106'A

Ian-July

1973-

101% 101%

Jan-July

99

99%

89

96%

9

98 y8

96%

98'A

7

16

120%

15

•

102%

'

ti9%

*106 Va

r-Sept

100% 100%
101%

56 y2

1972

First

90%

95

106% 106%

106%

95%

111

133

,

103'A 104

103 %

May-Nov
Jan-July
Jan-July

1971

94%

—

-

Certificates of

93

15

113% 114'A
94%

2013
April
1966—Feb-Aup

1974

2%s debentures

2%s debentures

A

14

95'/a

95%

95%

1

87%

*—

103%

102'A

•4—4

98%

981/4
89

97'A

94%
1021/a

.

*98'/2 1001/4

April
April
Feb-Aug

June-Dec

1951

5s

called

BASu & Du

87'A

93

93

Jan-July
Jan-July
Jan-July
Jan-July
April-Oct
April-Oct
April-Oct
Jan-July
Jan-July
April-Oct
May-Nov

Spokane Internat first gold 4y2s

Standard Oil of California 2%s debs

Standard Oil

92

•

FTfSt

.

gold

Wisconsin Electric Power

First

Southern

92 %

102%

;/-%

Co—-

IWisconsin Central Ry—
£ A First general 4s 1949

97

94%

102% 106%

94

—May-Nov

debentures

Soikjjern Pacific RR Co—

.

.

98%

106%

1981

1

89

gtd gold 3'/2s 2000—Feb-Aug

Wheeling & Lake Erie RR 2%s A 1992
Wheeling Steel 3'As series C 1970
First mortgage 3'As series D 1967
Wilson & Co first mortgage 3s 1958
Winston-Salem S B first 4s 1960

103%

102%

4%s

convertible

ref

first

Union Telegraph

25-year

107'A

100%

Apr-Oct

3s

Co

RR

30-year 5s 1960
Westinghouse Electric Corp—
2%s debentures 1971
2.65s convertible debentures

124

123'A

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

4,' Gold

105

~8

94%

3'As series B 1971
conv debentures 3'As 1976—May-Nov

mortgage

Western

1031/4

101%

95%

96 v2

—

79%

101

101'A

__Mar-Sept
-May-Nov

1977

98'A "99%

104

101%

Jan-July

1969

income 4%s series B Jan 1991

Bonds
6

105% 106'A
*101

Jan-July

_

1994

—

—

Feb-Aup

Indiana Ry 2%s
Pacific Co—

36

98%

98%

98%

86%

102%

*102%

1965

75%

—

98%

60%

—Jan-July

trust

1

98%

98%
*102%

1985

Southern

12

85%

—June-Dec
Socony-Vacuum Oil 2%s 1976
South & North Ala RR gtd 5s
1963—„April-Oct
Southern Bell Telephone & Telegraph Co—
3s
debentures
1979
Jan-July

Southern

106

127

—

—.

103'/a

103

95
103

*—

Terminal 2%s series A 1970—Feb-Aug
Westchester Ltg 5s stamped gtd 1950
June-Dec
General mortgage 3%s 1967
Jan-July
General mortgage 3s guaranteed 1979—May-Nov
West Penn Electric 3%s 1974
May-Not
West Penn Power 3%s series I 1966
Jan-July
West Shcre first 4s guaranteed 2361
Jan-July
4s registered 2361
Jan-July
Western Maryland first mortgage 4a 1952_April-Oct
Gen mtge 4'/2s-4s series A 1969-4.
Apr-Oct
Western-Pacific 4'/2s income A Jan 2014—
May

103 Va

99%

103%

....

105'A

302'A

4

103

Washington

«...

100% 100%

June-Dec

2%s

Skelly

*126Va

June-Dec

1974

Oil

Union

J.—. 1

m

1971—-April-Oct

3eagram (Jos E.) & 80ns 2%s 1966
Shell

117%

„.

*104

2016—,—May

A

1981—

Income series A Jan

4s

mtge

Walworth

120

105

*104%

Jan-July

series

4s

66i/2

56%

*105

103V2

104 %

*103% 104'A

94%

1973-April-Oci

mtge

First

Co—

1996

mortgage

V

*103'A 103%

Duluth first

&

14

102%

W

94%

90

304

108%

1

102% 102%

May-Nov

1995

series B

3s

Gen

Warren

gold 5s series A 1990—Jan-July
cons gold 4s 1968_June-Dec
St Paul Union Depot 3%s B
1971
April-Oct
Scioto V & New England 1st gtd 4s 1989—May-Nop
Paul

63

59

63

General and ref

St

122

*

110%

5

102% 102%
*104v2 105 %

Power Co—

&

Gen

92

90%

91%

101 %

RR Co—

Wabash

101

98%

Co—

series A

mortgage 4s

4

101

75

72

— —

100'A

109'A' IO91/4

109'A

May-Nov

71

65

„

97

92

2

96%

96%

series A 1955—Feb-Aug

4s

fund series

104'/a

103%

70

*75%

1997
Jan-July
ASecond mtge lnc *%s series A Jan 2022—May
St Louis-Southwestern Ry—
First 4s bond certificates 1989
May -Nov
Second 4s inc bond certificates Nov 1989_jan-july
1st

104 %

*104

April-Oct
1955-Jan-July

32%

May-Nov
April-Oct
Mar-Sept

1976

1967

First lien and ref mtge 3%s ser C

Saguenay Power Ss series A 1971
Mar-Sept
St. Lawrence & Adlrond'k 1st gold 5s 1996—Jan-July

69'A

21%

*100% 101 '/2

1975—Mar-Sept
First and refund mtge 3s series F 1978—Mar-Sept
3 VbS convertible debentures 1963
April-Oct
First and refund mtge 2%s ser G 1979—June-Dec
Virginia & Southwest first gtd 5s 2003
Jan-July
First consolidated 5s 1958
April-Oct

106%

106%

9

*8%

52

236

and refund mtge 2%s ser E

First

106%

*106% 107%

100

24

Jan-July

debentures

2%s

sinking

Virginia

__

106% 106%

General

61%

Feb-Aug

2%s 1970

debentures

Consol

*'

1977—Mar-Sepf
mortgage 3%s series H 1967—Mar-Sept
General mortgage 3%s series I
1967—Mar-Sept
General mortgage ZVa& Series J 1969—Mar-Sept
t A Rut-Canadian 4s stamped 1949
Jan-July
IBARutland RR 4%s stamped 1941
Jan-July
General

3

*104% 105%

59

22'A

Mar-Sept

1976

Corp

Rubber

Vandalla

90%

90%

90 y2

April-Oct

Reynolds (R J) Tobacco 3s debs 1973—

103%

59

23

102%

R
Reading Co first & ref 3Vbs series D 1995—May-Nov

106

103 %

RR—

Universal Pictures 3%s debentures

Jan-July

1964_

131%

103%

38

102%

mortgage 2Vis series C 1991_Mar-Sept
United Biscuit Co of America 2%s 1966
Aprtl-Oct

Q
2%s

101

3 28 '/a

*._

Refunding

2%s

Oats

98%

20

•

104'A 104%

3%s 1971—May-Nov

of Missouri

debentures

2%s

222

106

U

Quaker

991/4

*131% 137

June-Deo

1974

1961

debs

2%s

Corp

Co

Pacific

Union

104'A

-

■

lOl'/a

99

99 'A

and coll trust 2%s 1975_April-Ocl
3s debentures 1968
May-Nov
Union Oil of California 2%s debs 1970—June-Deo

105'A

151'/a

1

225

106

98%

First mortgage

106

6

22

U

100

103%

13

3%s

Orleans

New

of

106%

991/4

Pacific—

105

100

—

RR

126
105

105%

—

108'A

105

—

first

refund

and

319%
104
26

98%

1970_Apri!-Oct
1990_ApriZ-Oct
gold 5s 2000
—June-Dec
M 3%s ser E 1985-Jan-July
series B
3%s series C

Pacific-Missouri

Union

May-Nop

High

105 'A

Co—

1963

debentures

General

100%

108'A

__

*98% 103

I

Low

105% 105%

3'As

first refunding 4s 1960
Jan-July
AAdjustment income 5s Jan 1960
April-Oct
Tol & Ohio Cent ref and impt 3%s I960—June-Deo

99%

*104% 105'%

Jan.

No.

*103% 104'A

105%

JThird Ave Ry

102%
*108%

Mar-Sept

Electric St Gas

Service

refund M

Pacific

&

Texas

108

M

refund

and

Texas

—

Feb-Aup
Jan-July
May-Nov

1956^.

4s

Terminal

96'A

108

—

*99% 101%

1964

1977
1983
mortgage 2%s 1984

First

96'A

92'A

3

96'A

93

11

*111

Range Since

Sold

RR—

Orleans

and

Term

Feb-Aug
June-Dec
June-Dec

3s

mortgage

94%

93

lyn:

tty—

mortgage 3Vis

First

3s

debentures

Income

95

94 %

O

94

94%

Jan-July
Power 1st mtge 3V.*a 1966—Jan-July

5%s

Potomac Elec
First

A

2%s series D 1985
3s debentures 1965

New

&

First
First

94

June-Dec
April-Oct
April-Oct

1958
First mortgage 4%s series B 1959
First mortgage 4%s series C 1960
Pittsburgh Youngstown & Ashtanuia
First general 5s series B 1962
First general 5s series C 1974
First general 4%s series D 1977
Co

and impt

Texas

Pittsburgn & West Virginia Ry—

Pittston

and

*125%

Jan-July
April-Oct
May-Nov

Impt M 4s series C 2019

Refund
Refund

Texas Corp

100%

6

Pittsburgh Steel 1st mortgage 4V*s 1958—April-Oct
mortgage 4%a 6erles

Bonds

High

Terminal RR Assn of St Louis—

89

■f//i--

*102

Range
Friday's

108%

1
5

87

or

Bid & Asked

Sale Price

Period

Low

Low

5

High

87

Week's

Last

Interest

BONDS

New York Stock Exchange

Jan. 1

No.

105% 105%

General

First

1!)

Range Since

Sold

106'A 106%

series B 1975
April-Oct
mortgage 8%s series E 1975
April-Oct
Coke & Chem 1st mtge 3%s 1964—May-Noo

General mortgage 5s

PiusDurgh Consolidation Coal—
3%s debentures 1965

MAY

Friday
Bonds

Friday's

Low

Pittsb

ENDED

Week's Range

Friday
Interest

BONDS

WEEK

FOR

5%

100

5% Mar

Feb

'■

1

30

The Commercial and Financial Chronicle

(2122)

NEW

YORK
FOR

RANGE

Week's
Range

I or Week

Sale Price

$3.75

cumulative

*

common

preferred

Aluminium Ltd common
Amer Air

Filter 5%

*

—

pfd

conv

58'%

x54%

99 3/4

750

63/4

6%

100

55%

55%

57%

2,800

45%

600

13%

24

14%

14%

1 %

1 %

May
101% Mar

Mar

8%

Mar

15

Jan

12 Mar

Jan

76%

Jan

57% May

Feb

l3/a

Mar

200

.

Jan

26

May

6

2,700

1

—,—100
American Cities Power & Light—
'Class B—.....i—————*

59

Jan
Jan

96%

99 >/$

—15

Beverage common
Book Co

51%

85

Feb

Jan

Apr

9%

9%

8%

1,700

93/4 Mar

Jan

4%%

preferred

American General Corp common

10c

$2 convertible preferred

23/s

Jan

1,600

2

1%

1%

1

34

34%

—1

$2.50 convertible preferred

Feb

115

110% Mar

100

39

39

1%

Apr

125

33%

Apr

36% Mar

39

Jan

41% Mar

75

Jan

American

Hard Rubber Co—.—

2$

12%

800

10%

Jan

13%

American

Laundry Machine
Manufacturing Co

20

19%

19%

600

18%

Apr

21%

Jan

American

25

15%

15%

300

14% Apr

18%

Jan

American

Maracaibo Co

4%

4%

37,800

3%

Feb

4% May

American

Metal

6,300

13%

Jan

20% May

American

Meter Co

47

Jan

583/b

New

com

1

Products

common

————*

American

Natural Gas Co 6%

American

Potash

Chem

&

American

Republics
Seal-Kap common—
Superpower Corp common
$6 series preferred
American Thread 5% preferred
American

Amer

Writing Paper

common

Products

Angerman Co Inc
Anglo-Iranian Oil
Amer

•

—•

Post

19%

20%

58%

58%

30

29%

30

35%

35%

28

27

28

20%

pfd—25

class A

Class R

American

~4%

•

common

Anchor

2

11%

Co

26

75

31

Apr

May

37% Mar

Apr
Jan

26

1,800

37%

30

Feb

Feb

31

10

37%

12,400

27 %

Feb

37 % May

2

7%

7%

7%

1,600

3%

Jan

8% May

10c

%

%

u

9,000

%

Jan

1,100

1163/4

Jan

1,000

35

*

5

1

129

128

U

Feb
Mar

133
5

Apr
Jan

Clarostat

Claude

143/4

Apr

7

6%

7%

1,200

6%

Jan

7%

pfd

100

•
10

Power & Light $7 pfd

Equipment Corp
Aspinook (The) Corp

Automatic

Line

Steel

10%

1,200

10%

12%

13%

Feb

111% May
8% Jan

290

9%

3,800

America

1

48%

50%

Jan

1,800

50%

5 %

1

5

5%

16

16%

4,000

1

5%

5%

200

5

*

8%

8 "A

500

8

5

preferred

16

common

3

11%

11%

6%

725

11%

Apr

33/8

Jan

51%

Apr

6%

Cockshutt Plow Co

10%

1,800

4

100

"433

"434

2,700

14% Jan
14% Jan

21%

Feb

8%

3%

Feb

4

6%

100

6%

x9%

450

83/i

May
Jan

5%

Jan

Apr

7%

Feb

9%

Feb

Apr

-

38%

36% May
3% Jan

6%

Feb

Jan

10

Apr

'

9% Mar

64%

65

350

60% Mar

65

1914

19%

20

175

1734

Jan

20%
10

~

9%

11%

20C

65

-

9%

—

8

8%

1,900

7%

Jan

8

8%

500

7%

Apr

%

1%

1%

4,300

7.9 5 a

7434

1%

1%

1

16%

17

8%
jU-—

1

17

80

22,500
%

240,600
700

15%

15%

100

Apr

1% May
80

Feb

May

1 13
f 1>>

May

17 J/4

May

Jan

15

May

15% Mar

17

1% May
xl5% Feb

12%
15%

Apr
Feb

8%

13 Apr
65%

Jan

May

Jan

4%

5%

7,600

2%

Jan

6 J/8

Apr

4%

53/8

49,500

1%

Jan

7%

Apr

734

7%

100

6%

Jan

8% Mar

25%

27%

1,500

5

5%
27

13r%

1334

400

300

5%

300

Jan

31

25

Apr

6

Mar

8

Jan

13% Mar

15

Apr

53/4

6%

Jan

Feb

5%

5%

5%

3,500

4% Jan

6 J/2

Feb

5

4%

5

1,600

4%

Jan

5%

Apr

25

51

52

125

39%

Jan

7,500

6%
33%

51

1

common

7%

6%

25
10

Community Public Service
New

6
14

6

__

1

Manufacturing Co

46

47

400

xl5%

15%

18

12,500

10

10%

12%

13

8

55

Apr

Jan

8

May

Jan

47

May

% May

18

May

9 J/4

Jan

11

Feb

12%

Jan

14%

Feb

43/4

Jan

5%

Apr

15

Compo Shoe Machinery—
Consolidated Gas Utilities
Consolidated Liquidating Corp

10%

1
1

•

13

1

Continental Car-Na-Var Corp
Cook

Paint 8c Varnish Co.

Feb

Jan

Coro

Corroon

Jan

$1

Feb

Cosden

1%

1,100

18%

4,200

34

x34

Petroleum

%
9%

—

9%

200

6%

6%

16%

—

11

1

convertible preferred

150

6%

•

:

common.

x34

3/8

1

preferred class A

9,000

1%

5c

Reynolds common

3%

3%
17%

*
8c

1,850

1%

*

——

Inc

5%

3%

90%

17 3/8

1
Co—1

Continental Foundry & Machine

1,000
1,500

1

CO 00 WV* >s»

88 5 s

Consolidated Mining & Smelting Ltd—5
Consolidated Royalty Oil
*0

Jan

13%

Feb

"4

21%

1

Colonial Sand & Stone Co

22

May

500

5%

Colonial Airlines

8%

6%

Mar

18

4%

*

common

9

Jan

173

17

Colon Development ordinary

Cornucopia Gold Mines..

Apr

16

Feb

I73/8 Jan

6% Mar

2,100

16 3/a

6%

6%

25

Jan

15% Mar

Inc

Ayrshire Collieries Corp

}« Jan
67'A

Jan

Jan

5

16,800

16%

....

2%
44

,125

May

Jan

7

•

Commodore Hotel Inc

7

Feb

Fed

142%

320
200

—

20

Aluminum Products Co

Jan

13% May

Jan

22

18

4

Clinchfield Coal Corp common
Club

Jan

Jan

Jan

166

..

Jan

143/e

*

12%

113/a

1034

98% May

1,650

17

-1
1

common

11

116% Mar

Jan

41%

775

3

3

3

50

Products

Inc

85 J/2 Mar

8% May
Jan

163

165

1

Co_

Manufacturing Co

Neon

Colt's

% Mar

100

62

55

62

6%

100

%

%

•
•

Co

7

7

—£1

reg
of

Controller

Vtc ext to 1956

Automatic Voting Machine
Avery (B F) & Sons common
6%

4% May

12%

Apr
Apr

10%

1,200

112% May

Jan

10%

18,900

1

Corp warrants..
Plywood Corp

Atlas

113/4

11

Jan

3%
10

4,900

10%
10%
111% 114

11%

10%
112

•

109%

Apr

Industries—

Laundries

Coast

2,000

2.50

Associated Tel & Tel class A
Atlantic Coast Fisheries
Atlas

43/,
ll3/fl

11%

Aro

Atlantic

220

4%
103/4

43/4

*

111% 112%

111%

1

common

Common class A non-voting
6% preferred

Associated

Clark

18 J/2

5
10

City Auto Stamping—^4..—
City & Suburban Homes

Jan

Jan

94

1
10

common

—-...

7%

1

Manufacturing Co

rets

Service

6

Apex-Elec

dep

4%

6%

Mining

Consolidated

Cities

Rights

84

—

Chief

400

3% Mar

American

18%

6%

Feb

Electric

16%

6

Jan

Jan

pfd
100
preferred—100
7%
preferred
——
100
Conv preferred opt div series
100
Conv pfd opt div series 1929—.—100
Century Electric Co common
10
Century Investors Inc.
2
Convertible preference
10
Cessna Aircraft Co common—.
—1
Chamberlin Co of America—
2.50
Charis Carp common
;
10
Cherry-Burrell common
5
Chesebrough Manufacturing com
10
Chicago Rivet & Machine
4
Chicago & Southern Air Lines
*
Voting trust certificates
*

6

2%

81%

70

25

7%

12%

Jan

200

6%

300

Jan

4%

8%

Jan

100

Jan

7%

2,300

84 34

Jan

33/a

26 J/4

98%

6

13

223/4 Mar

838

5% Mar

12%

Jan

1,300

6 J/8

5:i4

5%

5%

"4%
25

24

100

—

Products

Ohio Steel

Central Power & Light

4%

_£1

24 %

3 % Mar

98%

preferred

500

3%

Associated

America

1 J/8 Mar

6%

300

1

3.50%

700

Apr

High

Low

Power Co—

Maine

Central

Range Since January 1

High

1 % Mar
5% Jan

4%

*
-—10
1

common

& Co

Catalin Corp of

7

33/a

Arkansas

(A M)

5%

Ltd—

Gas

Products

4 34

1

Natural

Casco

Castle

6%

May

Low

2s 6d
1

ord

common

Clayton & Lambert Manufacturing

dep rets ord reg

Arkansas

Co

W)

(J

5%

Angostura-Wupperman
Appalachian Elec Pwr'4'/a%
Argus Inc

Amer dep rets B

Carter

4 3/i

4%

Shares

*1

dep rets A ord

Amer

5%

5

—2

common

29% May
34% Jan

225

28%

27

28

100

1,100

for Week

Ltd—

Carreras

(Central States Elec

American Gas & Electric—

Range
oi Prices

Par

Central

9%

Exchange

High

Low

16,200

(American Bantam Car Co class A——1
American
American

Range Since January X

Shares

High
59

New York Curb

Sales

Week 'fs

Last

Sale Price

STOCKS

,

6%

100

Aluminum Goods Manufacturing-.-—•
Aluminum Industries common——
*

of Prices
Low

Par

Aluminum ('■» of America

v

■

Sales

Last

New York Curb Exchange

EXCHANGE

CURB

WEEK ENDED MAY 19

Friday

Friday
STOCKS

Monday, May 22, 1950

...

9%

55 J/2

50

50

78% Mar

90% May

3% May

2% Mar
Mar

3

13%

1

Jan

20

30

Jan

34

May
Apr

May

•h

Jan

%

Jan

9

Apr

11%

Jan

1,900

6 J/4

Jan

7%

Feb

200

16%

Jan

17% Mar

49,800
3,000

5%

Jan

11% May

Jan

57 >/2 May

500

%

17

11%
57%

34

J/*

Courtauids Ltd—

B

American

dep receipts

(ord reg)—£1
5

37%

35%

37 %

25,200

—1

1 J/4

1%

1%

2,900

Creole Petroleum
Babcock

ic

Baldwin

Locomotive—

Wilcox

Co

•

shares
Lt

30

Barium

t.w,

1

59%

Feb

37%

300

353/4 Mar

38%

Jan

Crowley Milner & Co

12

800

l23/8

Apr

Crown Cent Petroleum

<fe

Pwr

Ltd

12

9%

Jan

4% Jan

%

-

*,

if.'V

5% Mar

•

"4%

1

7%

Baumann (L)

common

1

Ties common
Beck (AS) Shoe
Corp
Bellanca Aircraft common

1

~G

1

12%

Beau-Brummel

4%

4%
7%

13%

25

7% Mar

32%

Jan

173/4
6

Feb

1,300

5% May

12%

12%

1,900

13%

Jan

1

2%

2%

100

10% May
1% Mar

2%

34%

34%

200

33% Mar

35%

"7%

1

7%

•

6

15%

15%

Ridge Corp common

1

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

9%

10

10%

10%
4%

May

8%

Jan

4 % Mar

Day Mines Inc

9%

Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A common

725

4%

16,500

10% May
3% Jan

8%

400

7'A Mar

Jan

Jan

63% May
843A Mar

19%

20

19%

19%

3,700

Bridgeport Gas Light

Co

Manufacturing Co

7%

1,700

Oil

Co

24

24

23% Mar

20

20

8%

22%

22

22 %

1%

•

9 J/4

Jan

1%

Jan

22'%

Jan

243/6 Mar

25%

Devoe &

-*

Jan

12

Feb

Apr

2

Apr

Feb

17

223/4 Mar

Feb

333/8

Jan

213/4

200

Jan

Apr

233/4

Jan

Jan

11%
11

Apr
Apr

Raynolds class B

Distillers Co

24%

2

1J/2 Mar

200

25%

233/4

125

Jan

2 J/4

25'A

—' ''I

5%

5'%;

1,000

5'A

Jan

6

300

143A

1

18%

18%

13%

12%

13%-

3,000

18

17%

18

1,100

•

■L —''' ^

*

13

15%

1

5%

5%

100

xl2%

v

133/8

15%

Jan

123/4 May
17% May

1 %

Domestic Credit Corp class A
Dominion Bridge Co Ltd

1,000

9%

200

Apr

Draper Corp

•

79%

79

79%

375

10

29%

29%

29%

98

95

98

~338

"3%

Mar

Mar

13% May
19% Mar

Feb

1,200

13% May

16%

1,000

13% Mar

Driver

Harris

Co

■*

Dunlop Rubber Co Ltd—

dep rets ord reg

(The)

Durham

Hosiery class B common

Co

6J/2

Apr

6%

i7<r

i9c

24,900

•fe

Jan

%

2,200

3%

Jan

5 J/4

Uyval Sulphur & Potash Co

4

4

3% Mar

5

Apr

1% Mar

500 M

2'A

Apr

1

4%

4%

200

6S/8

6 i"u

6!«

6,200

5H Mar

1

8%

8%

8%

1,200

8

Canners

Canadian

—

...

—

•

30%

303/4

—

—

100

Industrial

Class

A

Class

•
—

preferred

—

8%

8%

•

8%
—

100
—

100

Canadian Marconi

1

Products

common

Carey Baxter & Kennedy Inc
Carman

8i

Co

Carolina

Co

3%
24

1

7%

3%

20,800

25

650

8

500

2.50
common

Power

&

Carr-Consolidated

Jan

5% Mar

7%

Apr

•

Light $5 pld
Biscuit Co

For footnotes see

page




33

•
-1

10%

Feb

Jan

83

Apr

24 J/2 Mar

30

Apr

85

98

Mar

69

Jan

Jan

Feb

5%

"3%

1,200

•

"4%

1
—•

~4%

4

1,000

16%

9,500

Feb

2 3/a

Feb

3%

Feb

14%

Jan

3% Mar

5 J/4

Apr

6%

Apr
Apr

14%

15%

13

17

Mar

Jan

preferred

Eastern

States

•

2%

900

iioo

69

67

69'%

625

66

62%

60%

62%

650

60% May

75

Feb

25

26

150

25

May

30%

Jan

900

3

Jan

70

Apr

2%

2%

.25

3%

Corp
__

73

76

68

series A

$6 preferred series B_
Eastern Sugar Associates—
Common shares of beneficial lnt

24

Mar

30% May

16

16

Apr

77%
113%
3

78%

113 J/4 113%

2%

3%

175

25

4,400

Apr

73/8

Jan

10%

Apr

7%

Jan

10'A

Apr

2%
17

73A

Jan
Jan

Apr

23/4 Mar
63

60 %

69

20%

1

150'% Mar
43/4 Apr
25

225

Jan

73% Mar

May

Jan

4
76

May

69

May

60% May
18%

Jan

23

Feb

77'%

21

1,225
1,700

,

Jan

81

Mar

Jan

13%

*

12%
20%

Electrographlc Corp common
Empire District Electric 51» pfd
Empire Millwork Corp
Emsco Derrick & Equipment
Equity Corp common
$3 convertible preferred
Esquire Inc
;
Eureka Corp Ltd
Eureka

Pipe Line common

5

•

■

—

—

•

15%

10c
1
1
1
10

1"2

8%

19%

106%

5

1,500

20%

33,000

17%

Jan

23 J/4 Mar

13

1
100
1

11%

12%
13%

300

11%

Jan

19%

20

103'%

106% 106'%

5%

-

5%
1 %
42

42.%
'

400

6

15%

15

400

1%

20,200

5

%

1 r,

14

15

26%

108

,

May

1'%

Jan

x6%

Feb

5%
12

19% Mar

Jan

1% Mar

73

42

Jan

X45

500

42%

5

Feb

4

% May

6

Jan

Jan
Jan

h Jan

3,100
175

Apr
Apr

\l

Apr

May

16%

Feb

14

May

9

lnt——1
Easy Washing Machine class B—
•
$5 pfd shares of beneficial

Jan

3% Mar

Jan

81%

Apr

Fairchild Camera

Apr

114'%

Jan

Fairchlld Engine

2% May

3%

Jan

Fansteel

112%

3'%

33/4

2'/a Mar

'

9'A Mar

303/4 May

150'% Mar
33/a

5

—

Carnation

22'%

Jan

•

•

voting

City

•

Alcohol—

B non-voting

7%

Apr

20
common

Canadian Industries Ltd—

Capital

4%

•

Ltd

y

Electric Bond & Share common

5

preferred

18%
24%

9 J/4 Mar

.100

prior preferred,

$7 preferred

preference

50

150

16'/a May

Apr

•

Convertible

39

Jan

4%

California

Canadian

Jan

5% May
May

Jan

Jan

Jan

9

4%

preferred—£1

Ltd

33/4

123/4

£l
1

Test Corp common

14%

12>/a Mar
37

■

,

Duraloy
Duro

Apr

20 J/2 May

25
Ltd—;.*

Duke Power Co
American

Apr

2%

16% May

700

Calgary & Edmonton Corp Ltd

Co

200

17%

5% May
11% Jan

Cables & Wireless-

Bread

7,000

16%

Coal class B

Eastern Malleable Iron

6%%

2,000
,

"9%

4%.

common—50c

Canada Cement Co Ltd common

5

39

II

Dominion Steel &

6%

Canada

39

•

13%

4%
38%

4%.

-1

16'/a

%

Insurance.

12%

13%

1

Dobeckmun Co common

•

8%

8

11

HJ/2

Ltd—

Dominion Textile Co Ltd common

3% May
Feb

20

100

Apr

14JA

Junior preferred—10

11

11

1

American dep rets ord reg 4s

4%%

Fire

Jan
Jan

1,300

Jan

Power

146

Feb

135

1,200

Jan

Electric

20

2%

2%

American dep rets 5%
Calamba Sugar Estate

140

140

100

Apr

14 J/4 Mar

24%

11%

Products

Jan

2%

100

12%o

103/4

23%

7% Mar

2.50

700

8%

2%

2,600

Sullivan

12%

30

24%

3%

Ring Co

Apr

1

13%

Line

6%

10

3%

B

400

12%

12%

_7%

Detroit Gray Iron Foundry
Detroit Steel Products

8

2.50

"7%

Detroit Gasket & Manufacturing

32

—1

Jan

900

Jan

12%

common

Jan
Jan

2%

600

2%

Apr

13%

common

36'/2
x7%

6%

23s

238

10c
35
50c
5

debenture——

Mar

6'% Apr
IJ/2 Apr
X25% Jan

34

6%

1

Apr

~3%

class

Davidson-Brothers Inc common—

Eastern Gas 8c Fuel Assn common..

Camden

Feb

5%

1

common

Electric

Apr

23% Mar

200

10s

Burma Corp Amer
dep rets
Burry Biscuit Corp

Cable

Jan

6%
15 J/4

Jan

D

Dominion Tar & Chemical Co

A

13y4

8%

£1

Distillers

&

Apr

123i

9% May
5% Mar

Jan

•

Hill

100

21% Jan

Jan

20%

£1

B

Piston

10%

Apr

69

Jan

5

100

•
•

rets oid reg
Columbia Power class

Brown Rubber Co

Burd

10

Jan

3%

50J/4 Jan
183/4

Mar

3 J/4

Jan

Jan

Tobacco—

Amer dep

Pipe

10>'2

6,700

2 J/4

16%

*

Amer dep rets ord bearer
Amer dep rets ord reg
British Celanese Ltd—

Bunker

7

7

*

common

Class A

Buckeye

21

12

10% May
2% Mar

5

19%

1

Jan

19

30

—

Ltd

20%

2.50

13%

103/4

Mar

•

Davenport Hosiery Mills

Apr

73/4

51

Mills

20%

50

2.50
-5

10%

700

78

Brazilian Traction Light & Power
Breeze Corp common—
—

Curtis Lighting Inc common
Curtis Manufacturing Co (Mo)

Feb

10

60

Bruck

550

«•

60

Feb

375

Co

11

60

Apr

81%

(EL)

•

..

Jan

115

633/4

New

600

16%

Apr

81%

Bruce

300

2%

Jan

61

cumulative

Jan

7 J/8 May

2%

Jan

81%

4%

7 J/2

Apr

2%

7

63%

Class

Jan

2%

15

--*

Brown Forman

Feb

J/4

5%

10%

52

prior cumulative preferred.100
Borne, Scrymser Co
25
Bourjois Inc
1

5'%%

British

3%

5

2%

300

4

•

American

2 '/4 Mar

8,800

10%

450

15%

7%

—

British

600

1,000

7%

-•

60

7%

100% 103

1

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

British-American

2%

6'/4

6%

7

25c
•
—10
Sugar common.—,—5

Cuban Tobacco common..

Jan

6

—

5

Drug Co common

$6 preferred
Cuban Atlantic

3% May
37% May
13% Apr

Apr

Jan

Watch Co Inc
Benson & Hedges common
Bickford's Inc common

Brillo

1

Intei;natT "A" partic

1

Apr

Benrus

5%

;t 5% Apr

6% Mar

1,200

13%

Jan

33A

11,800

6%

•

Canada common__25

of

Crown

30%

2%

6
(Md)

Crystal Oil Refining common

1

& Co

Croft Brewing Co

Crown Cork

Corp

Blue

52'A Apr

37 %

37%!

Basic Refractories Inc—i

Bell Telephone

2,400

—

Barcelona Tr
Steel

56%

Crosley Motors Inc

7% preferred
Baldwin Rubber Co common..
Banco de los Andes—
American

55

56

2% Mar

8c

Instrument

& Airplane
Metallurgical

1

—1
—*

22%

28%

2.000

6%

6%

6%

20,700

4%

Jan

15%

14%

15%

6,800

10%

Jan

28

Jan

29% Mar

7% May
16%

Apr

Number 4909

Volume 171

The Commercial and Financial Chronicle

.

..

NEW

(2123)

YORK
RANGE

FOR

CURB
WEEK

31

EXCHANGE

ENDED

MAY

1!)

r

Week's

Sales

Range

for Week

of Trices

Shares

Friday
Last

*

STOCKS
New York Curb

I

Par

Fire Association (Fhila)—

Fishman
Ford

(M

-IOC

Motor

*61% Feb

1,000

2%

700

3%
33%

10% May

—

10%

3%

non-voting

Class

B

voting

™

3%

1,500

30

31%

4,300

35 %

'*

11

34%

35%

3%

Apr

May

5%

Feb

9

—

200

Jan

Jan

Range Since January 1
Low

High

High

I

Jeanette Glass Co common

Ml:.

4%

Jefferson Lake

—1

9%

Sulphur Co (N J).

Brown Stores

4%

3Ts

500

Jan

Jan

9%

9,300

6%

Jan

97/s May

2%

100

2 V4

Apr

3%

Jan

3%

Jan

;7

*

~3%

3%

3%

500

2%

Apr

•

21%

21%

21%

100

17%

Jan

1

Preference

5%

3%

7%

2%

.—1

common

6%

6%

51,200

21% May

32% May

22% Jan

,

Low

J

Julian & Kokenge Co.
21

Shares

Jan

;

*
•

A

3%

31%

deposit rets ord reg—„£1

Class

for Week

Par

Jim

Ford Motor of Canada-

Range
of Prices

Jan

76

Apr

31 '/a Mar

'

•

10%

'

„

Last

Exchange

High

Ltd—

Co

American

2%

V

1r

50

66

2%

I

Low

Sales

Week's

Friday
Sale Price

STOCKS
New York Curb

Range Since January 1

High

€6

— •-

preferred —1 i

Co Inc (new)

Hj

Low

66

—10 <

—

-

First York Corp common
$2 dividend cumulative

,

Sale Price

Exchange

May

38

Ford Motor of France—
American deposit receipts

24,500

%

bearer-

A Feb

H Jan

-

1 ■;

Fort Pitt Brewing Co
Fox

1

Fuller

700

9

7%

7%

11%

18

Feb

11%

Jan

8% Mar

400

Jan

Kalser-Frazer

400

7%

Jan

33

1,050

29%

Feb

34

Mar

Kennedy's Inc

13 %

13%

14

5,000

10

Jan

14

May

Key

7%

Apr

Co

Power Co

5%

•

common

Mfg Co common

15 %

4

6 */»

1%

com___l

Corp
preferred™

convertible

5

6%

*

2

4

16%

Jan

Jan

93%

Feb

Jan

6%

Jan

1Y4 Mar

2%

Apr

4%

3,500
600

4 %

:-

Jan

91

1

General Alloys Co
General Builders Supply

5%

600

16

100

preferred

Gellman

15%

'

4% May

3% Mar

3,000

23

25

33% Mar

Feb

General Electric Co Ltd—
Amer

dep rets ord reg

£1
1

General Finance Corp common
5% preferred series A
General

Fireproofing

General

Outdoor

Adv

Phoenix

I

Corp

1

pfd

50c

General

General

Public

41%

400

6%

3,400
2,700

Feb

Feb

107%

2%

4%

Jan

109

225

113

Apr

116% Mar

20

107%

Feb

109% May

Mar

4% Jan

3%

3%

3,200

3

7%

7%

7%

2,300

5% Mar

20

20

17

50
,

May

8

May
22% Apr

Jan

14%

13% May

Feb

25

I

*

1.4%

1
5

14

14%

12%

12 %

12%

18%

1.9%

17% Jan

11% Mar
11
Jan

900

19

Apr

13% May
20% May

12%

2,100

2,900

1

common

Godchaux Sugars class

3%

3%

3%

$4.50 prior preferred
Goldfield Consolidated Mines

^

%

%

45

Jan

30

Jan

May
Mar

41%

250

:•

l

Jan
Mar

74

43

42%
—-

80
%

& Mar

4,600

Jan

'

Manufacturing Co

45

_.

Gorham Inc class A

i

Gorham

Manufacturing common
common
1
1—1

Graham-Paige Motors 5%
Grand Rapids Varnish

4%
,__4

29%

23%

14%

pfd ,_25 ?

conv

13%

•7%

:::S7

29%

■

2,600

6%

200

7:%

Jan

6

Apr
Jan

76%

Apr

29% May
16% Mar

28% May
9
Jan

700

15

7%,-

*47% Mar

Feb

61%

%

-io

Gray Manufacturing Co

8%

Apr

12%

Jan

Jan

10

11

1,000

9% May

140

142

550

128% Jan

Non-voting common stock
7% 1st preferred
Oil

&

Chemical

Northern

129

•

Paper

100

Co—'

131

690

129

137

1.1%.

1%

|tj^%7

25

40%

1

;

-

Griesedieck Western Brewery
Grocery Stores Products common

'

Gulf States Utilities $4.40 pfd

2
25c

1%

37,000

41

May

rio%

109%

31%

Feb

Jan

10%

Feb

V-

109%

130

•

—

Feb

>26% Apr

50

v

44%

112

Jan

Apr

16% Mar

16% Mar

"ifofK

Lamp Co

Hamilton

-J

Bridge Co Ltd

Hammermill

Hartford

Paper

Electric

5

common

Light

17%

18%

51

52%

52%

j

1 g

1

Hazeltine

_•
5

common

Mining Co

_25c

Helena Rubinstein common
Class A

1

100

Higbie Mfg Co common
5%
convertible preferred--:

1

(Geo A)

Horn

5%

Kropp

(The)

9%

Jan

12%

Jan

13

13

Jan

100

10"% Mar

200
•

103%

Jan

8%

8%
26%

4,000

3%

4%

2,000

2%

16V2

16%

2,300
1,000

11%

1,900

4

1

17*
:'S 7

I1V

26% May

Jan

1

50

10

12 % May

9%

9

7%

1,000

Jan

13%

12 % Mar

2,400

Apr

14% Mar

Jan

13%

200

2%

1,300

9%

13 % May

2%

2% May

2%

Hardart

*

Jan

8% Mar

Laclede-Christy Company
L'Alglon Apparel Inc

7

ft

.

A c?

~4%

•100

10%

2,200

1
B

6%

7%

3,100

7

7%

700

B

19%

20

800

14 %

Lakey Foundry & Machine
Lamson Corp of Delaware
Lanston Monotype Machine

12%

'w-»

•

4%
10 Va

14%

1
—1

Lake Shore Mines Ltd

Feb
Jan

16

2%

Jan

12 %

776% Mar

8%

Jan

-8%

Jan

19% May
5% Mar

22%

Jan

7%

Jan

2oO

12%

Feb

13

1,100

12 %

Apr

14% May
15% Feb

15%

M—

Le Tourneau

42%

12%

(R G) Inc

Lionel

.—

common

Mar

5

May

University

Lefcourt Realty common—

15% May

Jan

■4% Feb
10

6

'

Extension

Salle

La

;'i*.

Mar

Jan

Jan

24%

10% May

12%

50

26%

Apr

26%

Corp

Jan

29% May
27% May

24

50

22%

Apr

28

7,900

24

Feb

27% Mar.
28
May

•8% May

9% Mar

23

1,200

10%

11

700

28

28%

24

24

27%

26%

22%

22%

Lit Brothers common™

;

—

——

Locke Steel Chain

—

Lone Star Gas Co

(Texas)—_—

Longlnes-Wittnauer Watch
Long Island Lighting Co—
certificates

Common

Co

8%

8%

400

li

l'/e

24,600

13%

—

Apr
Jan

"

of

1

deposit-.

New common w i

Jan

1%

13 % Mar

Feb

14% Mar

13%

12,400

137% 140%

175

121

Jan

152

Mar

122% 124%
30 %
31%

475

106

Jan

131

Mar

18,800

Jan

111 % 111%

210

31% May
113% Mar

14%

300

9%

10%

600

13%

13%

13%

—

12%

12%

13%

-—

7%

preferred A ctfs of deposit
6% preferred B ctfs of deposit—
Louisiana Land & Exploration—.—
Louisiana Power & Light $6 pfd—

31%

14%

Lynch Corp

26%

110% May
12% Mar

14% Apr

M

i.

Service Co

—10

Public

Maine

1

Mangel Stores common
Manischewitz (The B) Co
Mapes Consolidated Mfg Co
Marconi
International Marine

7 Apr

12%

Jan

13% Mar
102
Mar
77

Mar

12% May

i

33

Lakes

Gt

Oil

Chemical

&

& Co class B
Dredging

8%

Jan

May
9% Jan

2%

Apr

3% Jan

11

25

43

.150

Jan

9% May
42% May

160%

■

32%

Jan

33%

625
10

108%

Jan

600

18%

Jan

32% May

37

May

13%

Jan

10%
14

Menasco

1

6%%

A

100

preferred

1

Mesabl Iron Co„
Metal Textile

i_25c
15
1
2.50
•

Corp common

Participating preferred
Bumper Corp
Michigan Steel Tube
Michigan

West

Corp

10
1
1

5

common

Corp $1 conv preferred™*
Steel Products—

Midland Oil

Midland

^

2%

Jan

1,100

6%

Feb

8% May

900

18%

Jan

23% May

8%
14

28%

'27%

175

10%

1,400

: 14% 7

3,400

Co

Midvale

Mid-West

2%

2%

4,600

1%

8%

1,300

4%

17

Jan

8

Jan

;Feb

3% May
9% May

104% Mar

110%

Apr

~6%

6%

~67/a

4,100

6%

6%

6%

400

~7%

~7%

~7%

1,300

6%

Jan

7% Mar

8%

8%

200

7%

Apr

1%

1%

2,700

9% May
1% Jan

5

Apr

5%

Jan

53

~1%

8%

8%

700

7%

Feb

2%

2%

2,900

2

Jan

10%

25

8%

Feb

85/s

8

13

14%

1,300

3%

600

12

Mar

10%

Jan

26

Feb

17%

Apr

Jan

BOo

Midwest Piping &

Supply common

3%

3%

Jan

4

Jan

10

Co

20%

20%

21

500

20

Jan

23

May

28

28%

300

23%

Jan

28% May

•

3%

Feb

Apr

3'

Jan

1

"2%

2%

2%

2,000

1%

Feb

2%

50c

5%

5%

5%

1,800

5% Mar

6%

■

(Harvey)

Oil & Refining

Hurd Lock &

1st

stock

21%

83%

89 78

5,200

4%

900

57
• J

warrants

4%

1 *

preferred.

Hydro-Electric Securities
Hygrade Food Products

•

.

81

Jan

3%

Apr

48%

— -

.

3%

Jan

14%

.

8%

Jan

2

Feb

2%

3%

4,300

f

16%

625

13%

Apr

3%

3%

300

3%

Jan

15

--

3l/2

5 '

.

Mar

23

89% May

4% Jan
Mar

52

'

*

1 '

common

convertible

2i%

89%'

•

Manufacturing Co

'

21%

5

common

Refrigerator $2.25 pfd

Common

Huyler's

Inc

14%

147a

400

13%

Apr

17
Apr
■«3% Apr
18% Apr
3% Apr
18% Jan

Miller

Wohl

4%%

Co

common

convertible preferred

Mining Corp of Canada
Power & Light 5%

Minnesota

50
•
pfd—100

Missouri Public Service common

Corp

1
1

Molybdenum

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

Illinois Zinc Co common

•

12%

Industries—
registered
£1»
Imperial Oil (Canada) coupon
•
Registered
1
• , •
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain &
Imperial

12%

14

7,900

7% Mar

14

May

Chemical

Mountain

American dep receipts

Ireland

£1

3% Mar

Inernational

Cigar Machinery

22%

23 %

8,400

18 % Mar

27%

Apr

Mountain

22%

23%

1,000

18 % Mar

27%

Apr

Mt

11%

11 %

13

Feb

-

International
Preferred

9%

102% 103

300-

150
130

11'A Apr
8% Jan
98%

11% Apr.

Jan

103

May

1,550

103

Jan

113

Jan

15%

100

14

Jan

83%

1,000

75%

Jan

83

24%

7% Mar

9%

Apr

9%

Apr

50

Industries

Metal

A

Registered shares

83%

•

9%

•

»

9%

9%

300

12 V8

12%

600

__

10

International Safety Razor B

~9%

12%

*

International Products

New

•
1..

Iowa

•

Public

4.90%

Iron

Service

w

Air

8%

9

1%

.

v

t c

Corp

com

class A__*

For footnotes see page 33.




•
1

105

Mar

34

Feb

42

May

2%

2,100

100%

125

"2% ~2%

400
70

100

11%

6% Mar

9% May
3%

97

5%

5%

5%

107%

Jan

3%

176%

Jan

185

May

34%

184% 185

Feb

2%

Jan

38

Jan

600

15

14%

15

33 %

34

5

700

33%

1,150

100% 100%
26

24%

26

•
2.50
10
50c

43%

43%

44

11%

Jan

13% Mar

<

6%

Feb

Feb

fc 15% May
35"% Mar

Jan

70

97

Feb

104

Jan

1,000

24

Jan

26

May

Apr

32%

Jan

48

8%

8%

8%

300

7%

15%

13%

16%

1,700

Apr
Feb

21%

3,100

11%

11%

12,100

13%

Inc

National

Bellas

Apr

% Jan

National

Breweries common

1,600

1%

Jan

2

common

Hess

common

13%

13%

400

12%

4%

4%

200

3%

3%

3%

3%

7,800

Jan

11% May

National

Fuel

26%

•

27

•

Gas

Apr

Apr
3% Mar

26 %

600

May

35% Mar

25

preferred

Feb

1

8%
22%

Jan

Apr

11% May

12%

12%

12%

10%

10,100

Jan

13%

May
Jan

32%

9%

27%

Apr

30% Mar

National

Mallinson Fabrics

1

8%

8%

8%

800

7%

Apr

21%

Apr

23% Mar

National

Mfg & Stores common

1

12%

12%

12%

200

10%

Jan

14

10%

400

8%

Jan

11

Cooker common

92%
13%
7

.

Jan

100

13%

Feb

500

5%

Jan

2,400

ll

May

95

Mar

Pressure

National

Radiator Co
Rubber

Jan

National

7% May

National

Steel

1% Jan

National

Transit

16%

Machinery

2

200

8%

10

6%

7%

1,100

3%

4

1,400

Ltd

1

9%

6%

Jan

7%

Jan

2%

Jan

8

Apr
Jan

Jan
Jan

"

*

common

Car

Mar

17%

9

4

Feb

36% Mar
Mar
13

16,900

10

Jan

5
4

10,400

National

\

16% May

19%

12%
10%

300

28 y4

ii

Jan

31%

22%

6 %

Jan

102%
2%

105

27%

13%

Apr

Apr

22 %

6%

Feb

2% Mar

I

22 %

100

Manufacturing

Jan

2,000

2%

1

Namm's

12% Mar

Jan

i

Co—

Chute

Italian Superpower

1%

Jan

May

28%

•

d

preferred

Fireman

Irving

Light com

1%

32%

Apr

10

N
Corp

Jan

7%
11

A

Investors Royalty
Iowa Illinois G & E com wd..;

Iowa

common

Nachman

7%

&

9

10

Muskegon Piston Ring common
Muskogee Co common
Muter Company common

29%

300

2%

Hydro-Electric—

International Petroleum coupon shs

Power

5

42

50c

Verncn-Woodbury

100

1,000

Apr

3,500

40%

100

Mills

10%

101

84% May!

Apr

9%

107% 109%
15 %

States

31

10%

Apr
% •:
Jan

16% May

24%

108

•

$3.50 series

International

9

,

•

& Tel

Murray Ohio Mfg Co

9

10

Tel

23

•
•
10c
10

Producers

Mountain States Power common

22%

Indianapolis Pwr & Light 4% pfd—il00
Insurance Co of North America—

4% Apr

31
--

amm

•

Monogram Pictures common

\

Jan

<8%
11

9V4 May
24

Mar

55% Mar

Feb

1,300

10%

-

8

Feb

3,800

10 '/a

2%
——

8%

7% May
•

Jan

10%

7%

8

10%

14%

common—

Abrasive

Oil

Midwest

10 % May

Jan

2%

Jan

31

Apr

6% Mar

13%

$2 non-cumulative dividend shares—•

Feb

Apr

22%

& Scott Corp—

Warrants

Feb

Jan

38% Mar

8%

Co

Mfg

Merrltt Chapman

46

34

22%

27%

•
1

Middle

Jan

31% Mar

3% Jan

~7% 7*8
22%

Mead Johnson & Co

167

111%

-14%

34 % May

100

—

•

(A G)

McWilliams

52

44% Mar
'

35%

15')

(Effective May
McKee

Middle States Petroleum common

900

35%

35%

-r;

5% May

975

May •
-Apr

Co

*7% Mar

10,800

12

300

'

"

Jan

■'

13

400

V

I

11% May
15% Mar,

changed to

Jan

109% 109%

™

Name

3%

42%

-t V

•

6%

3

,

,

Jan

31 % Mar

10

100

79%

*
£1

Mid-West Refineries

Hubbell
Humble

Hussman

"5'

"

8%

McClanahan Oil Company

11% Jan
17

9%

•

100

11-

4

100 4

8

7%

48%

—

•.

Macklntosh-Hemphlll Co

Michigan Sugar Co common
6%
preferred
Mlcromatic Hone Corp

31

•

preferred

74

v

'

•

common

22% Apr
8% Jan

Jan
Mar

90

52

'73

3

15

Baking Co

40;

11% Mar

Jan

ll.1% Jan
96% Jan

i

.

2% May

May

40

'8%

j-A

9

j

Jan

Jan'

1,600

•

Mar

l^V Jan

9% May

12%

13%

:

18

May

12%

Apr

5%

Jan

12%

9%

Feb

42

Jan

M'— "

7

Apr

Jan

21

■

12%

12%

9Va

38%

■

„

107% May

Feb

7

40

25%

26%

1

33%o

Forge Co

5%

5%
.

•

& Co

& Hardart
&

-,

Apr

18% May
52
May
2% Jan

Jan

t200:'7; 12%,'Mar

.

—"

7%

r

•

-i

77

—

51

k:

•

*

101

77

•

v

5

M

Holophane Co common
Hormel

1,600V

13%

100

1

Inc

11%
12%

12%

i

10

Holly Stores Inc—

Horn

12%

i_10

(R) & Co class A

10

18,,

1,100

1,600 -J;-- ^6%

;

-.7

*

1

common

G

I

'8

•

1%

300

20%
.

12%

100 £

w w_,

Hollinger Consolidated

xlO

7%

11%

-

_2 k

preferred w w

Henry Holt & Co

11%

47%

1,100

• y

•

:

—.

Heller Co common

preferred

*

12%

% 1% Jan

1,500

20%

1}

8

,7> 8%. Jaft'r.

Jan

14% Feb

230

2

2%

xlO

20%

,

I
%

•C;20d.:

1%
*

10%

200

2%

1%

2%

■

1 *

Corp

Dept Stores

Horder's

I

•4%ltear

6,900

n%u%,

im

»

25

Brewing Co
Hathaway- Bakeries Inc

Hoe

MnMiwX'V''

Kreuger Brewing Co

Communication Co Ltd

11%'

Harvard

5%%

Kobacker Stores

Massey Harris common

.'{6%

•

Hartford Rayon common

4%

5

£

Corp

10%

107% 107%

10

Marion Power Shovel

H

Hecla

Hotels

13% May

8%

•

common

Jan

——

Feb

1% May

,71Apr
39Apr

2,950

27^v27%

100

Gypsum Lime & Alabastine

Hearn

Co

(I B) Rubber Co

11%

Mar

,

Lakes

Hall

(D Emil)

Kleinert

300

■

146% Mar

11

Great Atlantic & Pacific Tea—

Gt

Klein

13%

4% Apr

1% Jan

2,000

25

A

Class B

Great

—1

21

12%

16%

—

Kirkland Lake G M Co Ltd—

Loblaw Groceterias class A

feobel (Adolf) Inc

Goodman

1

,

Jan

10%
13

15%

Feb

Feb

3 >4

*

1

King Seeley Corp
Kingston Products
Kirby Petroleum

—

100

12%

12%

20

6% May

4% Jan
100

113% 114%

-

——5

Feb

7%

Jan

20

•

common

(Walter) & Co

4%
—-

_

Jan

1

Glenmore Distilleries class B
Globe Union Co Inc

New

*49%

20

109

•

Coal

Jan

1

•

Gladding McBean & Co
Alden

8% Mar

109% 109%

r

*

Gilchrist Co
Glen

Jan

7% Mar

'4 7.'

3% ;
109

109

preferred—*
Georgia Power $6 preferred.
•

Gerity-Mich Corp
Giant Yellowknife* Gold Mines
Gilbert (A C) common

7%

50

*

46

6%

6%

3T8

Service $6

$5 pr2ierred

3,900

7%

Apr

8"

44%

—

100
1

General Plywood Corp common

•

8

--!

ft

100%

common-

6%

7%

73«

i

10

6% Apr
6% May

—5

—

Kimberly-Clark Corp—
4 % % preferred
—100
•
Kings County Lighting common™
—50
4% cumulative preferred

Knott

5%

pfd_ —100
*

32%

7%'

Kldde

Gatlneau

Corp

Gas & Electric 4%%

Kansas

Kawneer Co

32%

Co

A)

14%

8%

5

preferred

convertible

(Geo

13%

'

-

__

__50

Franklin Simon & Co Inc common.

4%%

14%

1.25

(Peter) Brewing

3%
7.

20

4%

Jan

May
Feb

4

32

The Commercial and Financial Chronicle

(2124)

YORK

NEW

RANGE

Week's

Range

Shares

Par

Nestle

Mur Co

Le

New

England Tel & Tel

New

Haven

&

New

Park Mining

Co

4%

9,800

2%

Jan

33 Vs

30-/4

33 Vs

1,500

24%

Jan

5%

5%

400

5%

Jan

840

92%

Feb

100%

100

101

1%

3%

l'/4
4'/»

% Mar

l.buj
150

3% Mar

Apr

35 Vs Mar

6%

Feb

102 % May

1%

Apr

6V2

Apr

Process

York Auction

New

YoA

New

8

9%

25,800

7%

Apr

1%

1%

1%

2,700

1%

Feb

1%

68'/a

65

Jan

76%

Feb

7

Feb

7'/a

Jan

25%

56%

common

4,600

58

25

49

Mar

7

7

7

25%

9%

9-/a

—————1

shares

Pounders

17%

18

16%

100

26

350

17%

Feb

150

13

Jan

900

9%
13

31

17

20'A

Apr

Mar

Jan

17% Mar

Apr

15 %

Jan

Jan

12

Apr

12%

13%

3,400

10%

11%

5,100

9%

20

20

100

14"%

Jan

%

18

1,000

preferred__50
Utility Securities
•

45%

45%

45%

700

2%

2%

North Central Texas Oil——-——5

13%

13%

14%

900

——1

3%

3'/e

3%

1,500

5

Corp common

—5

Mines—

Nlpissing

•:

North American Rayon $3
North

American

Northeast Airlines-.———
North

Penn

Ind

Northern

Pub

42,300

4%%

Serv

101% 101%

pfd—100

Northrop Aircraft Inc
Novadel-Agene Corp

li Mar

43%

Jan

24% Mat¬

ing Jan
Mar

41

8%

9

1

15%

15%

*

60

3,800

9

15%

100

Jan

2% Mar

10% Mar
2%

Jan

14'A May
3% Apr

84%

100

—-—50

RR Co

1

Ryan Aeronautical Co
Ryan Consolidated Petroleum

Jan

93%

100%

Apr

2%

Feb

102% Mar

Jan

10%

Apr

Apr

6%
15

13%

Jau

4%%

Power

—•

%

3,000

%

Apr

43%

125

41 Vs

Jan

200

111%

Feb

113 % 114

100
15

32%

10%

33

10%

32%

*

Oklahoma Natural Gas

4%

4%

13%

Filters class

United

B_.

1

Inc

Omar

11%

-

3,100

Lawrence

Corp Ltd

1st convertible

—45

preferred

1

Co

Oil

Dome

United

bavoy Oil Inc

1

common—

30

6%

Apr

5*/2

Jan

3% Mar

7%

.

Jan

13% May

_25c

—

Schulte

(D

Scovill

Steel

Securities

Co

Corp

Bros

Seeman

Shoe

Selected

Apr

1% Mar
45

Jan

114%
37%

Feb

Jan

Feb

2% Mar

Jan

30 % May

17%

1,000

18%

13 V2

Jan

2%

2%

600

1%

Jan

17%

17%

1.300

15%

Jan

17

17%

.—5
—

feu

29%

23%

29%

5,300

22%

Jan

90%

91

350

84%

Jan

29% May
92
Mar

95% Mar

..25

3 Vs

83 Va

.—1
1

B

Jan

~3%

73%

400

3%

Jan

4% Mar

7 %

7%

2,600

3%

Jan

9%

1

1

1!

300

%

Jan

11 Va

Apr

a

—1

9% Mar

common

1

„25

common

preferred

2,000

2%

Feb

4 %

20%

2,000

20 %

May

22%

26%

29%

3,300

20 %

Jan

29% May

63%

2,150

x60

Apr

69 %

Jan

106 V2

Apr

109%

Feb

3%

29 %

60%

63 %

4

.100

i.

of

Apr
IVa Mar

12% May
10% Mar

20%

3%

Denn Mining
Shawinigan Water & Power
Sheiler Mfg Co

Sherwin-Williams

Jan

/ '/a

III

class

13

...

"4

12% May

Jan

3%

10,900

17%

Jan

jan

14 %

3%

Shoe Corp of America class A
Sicks Breweries Ltd

9%

1%

12% May

3%

,

1%

1 Vs Mar

150

1%
12%

Apr

700

5,500

1 %

20%

12%

rt./i'

Apr

May

3%

Shevwin-Williams

11%

3%
18

Apr

12%

—1
—1

common

Jan

Jan

3%

Jan

2 Vs

Feb

16%

Jan
Jan

2'A Mar

2%

13%

7U0

8%
1%

25%

13

20 'A

Feb

l.oOJ

3%

3%

Apr

19%

Mar

2,000

Shattuck

4%

Apr

1%

4,100

Inc

Leather

1

3%

Safety Control—
Corp

300
500

2%

stock

B)

5Va

1%
2 Vs

30 "/4

*

Allotment certificates
(R

S.10O

7%

1%
2

IZIi

prior stock

Semler

6%

26% Mar

2%

Co.

Convertible

6%

*2%

—

Industries Inc

$5.50

38% May

29%

Segal Lock & Hardware.
Selby

18% May

Jan

23 V2 Apr

2%

common

General

Inc

Jan

23%

—25

Manufacturing

Scullin

10 Va

2.400

29%

1

Inc common:

A)

3,900

37

1

Fisher Brick Co

Sayre &

3,900

17%

36%

25 %

1

Corp common

(Del)

26

17 Vs

36 %

10% May

12%

—1

Securities

Jan

Feb

17%

16%

900

-

20

O'okiep Copper Co Ltd Amer shares
Overseas

Apr

8%

x5Vb

lo.oOO

Silex Co common

Oliver

14%

Apr

1,400

12%

26

Joseph Light A Power wd

St

Seton

%
43 Vs

%

——50c

preferred

High

Feb

(

600

4%

St

Serrick

O

Ohio

5%

5%

5%
12%

Kyerson & Haynes common

Sentry

Ohio Brass Co class B common

Low

7%
x7%

10.709

11'A

—1.25

Sentinel Radio Corp common

Ogden Corp common—

Range Since January 1

High

10%

10%

Royalite Oil Co Ltd
Russeks Filth Ave common—

Samson

15%

13%

11%

Nineteen Hundred

Low

Par

Salt

12

17%

*

Niagara

Shares

Jan

24% May
9% Apr

1
5

Hudson Power common
Share Corp common

Niagara

Niles-Bement-Pond

for Week

of Prices

Jan

59

York Shipbuilding Corp—

Co common

& Honduras Rosario

Week's
Kange

Sale Price

9% May

•
10
10

York Merchandise

New

9%

68'/a

New
New

56%

*

Co

Sales

Last

New Y»rk Curb Exchange

High
5%

1

Land

Arizona

Mexico

Low

High

4'/a

20
*3

convertible preferred

4%%

New Jersey Zinc
New

Low

-1

Clock & Watch Co

l'J

Friday

4%

1
100

common

MAY

STOCKS

5

Neptune Meter common

EXCHANGE

ENDED

Range Since January 1

30c

Radio

Union

National

WEEK

for Week

of Prices

Friday

Exchange

CURB

Sales

Last

Sale Price

STOCKS
New York Curb

FOR

Monday, IVIay 22, 1950

...

May
Jan

18%

19% Mar
18 % May

Jan

18%

Feb

3 Vs Mar

l.OOu

18

Jaft

18 %

17%

Jan

15%

Canada

4%

Apr

1,600

3%

4%

31%

31%

150

5%

5%

800

Simmons-Boardman Publications—
$3 convertible preferred—

P
Co

Can

3

common

Pacific Gas & Electric 6%

5%%
5%

1st pfd—25

1st pieferred

Pacific

Power

&

Pacific

Public

Service

Light 5%

Panatapec Oil

34

Mar

32

May

Rights

29%

500

28

Jan

29% May

29

2.0U0
500

104% 104 %

25

98%

Apr

29

May

Solar

16%

75

25

25%

300

9%

11

11

1,800

46

46

50

2

4%

4%

4'<>

700

•

44%

43%

44%

1,850

25

26

26

50

25

27%
%

23

350

%

5,600

l

11%

11%

11%

8,600

*

4%

4%

5%

2,100

110% 111

175

Penn

Traffic

;

2.50

4%

4%

300

Penn

Water & Power Co

•

34%

35%

1,150

(The)

Pepperell Manufacturing Co (Mass)—20

55%

57

12

57

2.50

12%

50c

%

.

Apr
15% May
x22 % Feb
9% May
40

Apr

3

Jan

7'/s

Jan

17

Feb

27 %

Jan

1,900

17 %

200

5% original preierred
4.88% cumulative preferred
4.56% convertible preference

25

48

47%

48

28

28%

25

32 %

32

4.48%

25

30

25

Jan

Southern

Apr

Feb

26%

Apr

29%

Jan

107

Feb
Mar

% May
12Vs

Apr

5%

Apr

111

May

4,32"io

%

Standard

750

53%

Jan

59%

Feb

Standard

Power

400

11

Jan

13%

Apr

4%

200

20%!

300

~2i1

800

common

1,500

Apr

29%

30 %

2,100

29%

Jan

31'A Mar

28'A

27 Vs

23%

2,700

26 V2

Jan

28% May

3%

Apr

41%

40

42%

2,300

32%

Feb

Tube

Jan

3

400

2% Mar

3%

Jan

Vs

4%

200

3%

Jan

4%

Apr

1 %

1,000

%

Jan

1%

Apr

13%

15 %

9,500

9 %

Jan

15 »A May

22%

23%

550

Mar

23% May

2%
4

4%

1

2%

19

2% Mar

1,500

3

_9%

10%

3,300

37%

40

5,600

6%
6%

7%

Jan
Feb

10% May

34%

Jan

40

3%

Jan

3%

Jan

24,000

7%

3%
18 Vs

Jan

9

2,000

May

8Va Mar

7% Mar
173

Mar

1

.

Corp

class

Jan

17Vs

8 'A

8

8%

700

6%

1

Products Co

Standard
Starrett

4%

42Va May

Mar

16

Jan
Jan

5%

5%

6 Vs

2,500

4%

Feb

3%

3%

400

2% Mar

4V2

5%

5%

6'A

2,200

4% Jan

6% Mar

•

B

1

155

270

172

167

170

1

(The) Corp

~2lS

Feb

3Vs

Apr

2%
2%

5,600

1,700

14%

Jan

19% May

Sterling Aluminum Products

50

x55%

x55%

57%

1.350

55

Jan

60Vs Mar

Sterling

5

27%

26%
3%

27 %

400

18%

Jan

27% May

3%

700

3%

Jan

4

Jan

JSterling Engine- Co
Sterling Inc
;

Jan

18

Mar

—1
10

:

4%

5

1% Mar

6%
16

5

1,000

6%

1.000

6%

Apr

16%

125

14%

Jan

3%

Apr

95

33

2.50

1

98

Apr

May

12%

1,500

9%

Jan

37% May
12 % Mar

4,000

11 Vs

Jan

17 %

2%

2%

38.400

7%

7%

1.000

9%

2%
7%

—•

Jan

18 Vs

17'A

9%

300

xl2

12

17%

,

Mar

5% May
7% Jan

15%

—

;

2ft May

14

_25c

——1

8% May.
7% Apr
Apr

9%

;

4 1 y« Jan
7

Steel

Co

Stein

of

(A)

Canada

& Co

Breweis

•

Inc

(S)

&

19% May

22 Va Mar

25

Jan

500

10% May

12%

Jan

7%

8 Vs

900

1%
6

5

Co common

2%

25c

Oil

,8%

;2% Apr

1,500

%

Jan

5,900

3%

Jan

250

14%

19

2

3,300

3%.

Jan

Apr

7%

14%

; May, ■■:
3% Jan

4%

4%

21%
3 Vs

Jan

16%

700

20

Feb

Jan

Jan

24

Jan

2%

Jan

8Va

3%

Corp..

Jan

6

Apr

4%

1,125

2%

19%

400

20%

4%
21

Feb

13

500

15 Vs

Apr
Apr

19

16 V*
15

Inc..

Feb

1%

l

Portland Cement,

Finch

18%

~3%

7V2

6%

1%
6%

Superior Tool Ac Die Co
Swan

7%

_•

Ray Drug common..

Superior

16% Mar

250

11%

1

Stop & Shop Inc
Sun

100

25

11%

l

Stetson (J B) Co common
Stinnes (Hugo) Corp—

Stroock

19%

25

1

...

com

19%

•
5

ordinary

common

Jan

3%

Apr
9% Mar

Apr

3 Vs May

Mar

7% Mar

9% May

10% Mat

Colorado—

cumulative preferred

Puget Sound Pulp & Timber
Pyle-National Co common.

100

common

*

105% 106

—

16%

12

7%

7%

lo

17%

11%

17%

(

9

Pyrene Manufacturing

7%

125

103%

Jan

1.200

14%

Feb

18 Va

Apr

Technicolor

350

10%

Apr
Jan

12%

Jan

Texas Power & Light 7%

Apr

Thew

200

7

106

8%

May

Tampa

Electric Co
Inc

Shovel

Thor

•

common.

•

common:

Co

5

common

Markets

...

Inc

Tilo

Roofing Inc
Tishman Realty A Construction

•

common—

105%

330

93

158% 158%

lloo

preferred—

Tobacco &

103% 105'%

250

154

Quebec Power Co

Jan

109%

Feb

Jan

-

159

Jan

13% Mar

15% May

-1

15
13

13

13%

16%

•

13%
105

105

11%

Jan

100

.

15% May

3
14

7%

2,000
400

105

7%

1

Allied Stocks

Feb

300

16'A

~7%

13 Va

20

Apr

36Vs

Apr

26%

Apr

122% Jan
16

-

Jan

14%

Feb

13

Jan

8%

Jan

12%

Jan

75

Jan

115 A

15Va Mar
Apr

Jan

5%

Apr

Jan

1

Apr

Mar

45

Jan

Tobacco

Security Trust Co Ltd—
Amer deposit rets ord registered
£l
Amer deposit rets def registered.—53
Todd Shipyard Corp common
—20
Tnklan

—1

__

%

__

36

39%

600

2%

800

1%

Feb

2% May

103% 104's

275

101 %

Feb

104Vs May

39

__

2%

.100

Tonopah Mining of Nevada..

4%

•

__

70c

Rnvalty Corp
Toledo Edison 4Ys*>
preferred

R

.5

Apr

„

15

-25c

Jan

115Va

500

23 %

14%

Jan

16%

110

300

34% V

21%

116% 116%

33

8,300

34%
22

preferred_100

common..

Corporation

Thorofare

6%

Apr

32%

•

;

18%

common-.

Quaker Oats

29 Vs

33'A

7 Vs

common

2%

Pressed;. Metals of America.
Producers Corp of Nevada

4%%

Light

B

18%

6*.. 1st preferred————————100
Pratt & Lambert Co__
_•

of

Jan

May

May
Mar

10%

2'A

.

Service

A

class

Standard-Thomson

Apr

43

Mar

46

230

39%

18%

Powdrell & Alexander common——2.50 "
Power Corp of Canada common
*

Public

6

25%

Mar

17 y* Mar

Corp

1

Mining Co.

Prosperity Co class B
ProvidenceGas
A

Jan

22

28 Vs

3

(Ky)

2

—

„

4% May
17

24% Mar

33% May

Jan

22%

common

700

——1

Pitney-Bowes Inc
Pittsburgh & Lake Erie—
Pittsburgh Metallurgical common
Pleasant Valley Wine Co—

Inc

Jan

Feo

Feb

14

13%

preferred

Standard

Apr

May

-

Piper Aircraft Corp common

Prentice-Hall

17 V8

Jan

5%

25 %

$1.60 convertible preferred

Common

Jan

31

1

Corp

Forgings

4%

22%

Dredging

Oil

%

3

1,600

•

Brewing Co

Standard

% Mar

10

o

•

Jan

800

A

Standard Cap & Seal common.
Convertible preferred

Standard

%

1

5

Inc

3%

4%

preierred

Royalty Co
Speed Queen Corp conv class
Spencer Shoe Corp

Stahl-Meyer

4

25

Pipe Line

Standard

20 %

21%

cumulative

Jan

•

Pneumatic Scale

Apr

Edison—

Southland

48'/a

2%

Line

convertible preference

Jan

43% May
24% Jan

27% May
% May
10% Jan

Calif

12

4%

4

32%

57

Feb

3%

10

Jan

17

Jan

I

Pioneer Gold Mines Ltd-

Apr

8% Mar

31%

common

5%

Pierce Governor

common

Jan

17

13%. Feb
2%

17%.

common

common

Pipe

40%

•

Pinchin Johnson Ltd Amer shares

32 Vs

2,200

32 %

Oil

Pa

Feb

Philadelphia Co common-.
Phillips Packing Co

21%

3%

Jan

5,109

10

$7

Pharls Tire & Rubber common—

Apr
Mar

Jan

4%

12.50

Southwest

Corp

33% May
2% Jan

1

Perfect Circle Corp

7 Vs

325

3,400

500

Southern

15%

111

31% May

15%

3%

Jan

Feb

14%

9%

41%

Apr

100

2%

132%

3%

Penn

4%

pfd_

Jan

Jan

269

•

3%

South

2%

Penn Power &

Mar

5%

£1

9%

Jan
Jan

33%

com

23

130

299

4%

15%

700

_———

256

1

25

11,000

preferred

registered

Co

Manufacturing

Apr

32,100

46

298%,

1

Coast

2%

1

ord

Paper Mills

Corp

South

6%

_•

100

1

Sonotone
Boss

39%

;

Co

15%

May

2%

Mills

5%

•

1

107% May

5%

39

5

rets

Aircraft

105

2%

A

Polaris

dep

(Howard;

Jan

6

Light 4%%

Amer

Smltn

Jan

103

39

Pennroad Corp common
Penn Gas & Electric class

Pep Boys

x'28%

•

16%

B

Singer Manufacturing Co Ltd—

14% Mar

_1

1

common

class

Singer Manufacturing

23%

vtc

Co_.

Ltd

29% May

Amer shares——

Ltd—

cumulative

Mar

*

Peninsular Telephone common——
$1 cumulative preferred

$1.32

28

106% 107%

100

common

Plymouth

Co

200

28%

28%

29%

29%
106 %

pfd

Parkersburg Rig & Reel
Patlcan

29%

29%

.25
25

Paramount Motors Corp
Parker Pen Co„_

Patchogue

37% May

Jan

common

(C A)
(C A>

Jan

Feb

Feb

preferred™

Page-Hersey Tubes

34%

9%

31%

Lighting $4.50 preferred

Pacific

Pancoastal Oil

3,300

Jan

29'A

redeemable 1st pfd series A
4.80% red 1st preferred

1st

37%

7%

25
25

5%

$1.30

37%

37'%

200

_25

1st preferred--—
redeemable 1st preferred

5%

8%

8

8

Pattern

Simpson's
Pacific

Simplicity

Vi

1 %

1,100

U Mar

3%

3%

1,600

2% Mar

3%

10,200

1

1 Vs May

Railway & Light Securities—

Voting common
:
10
Railway & Utility Investment A
1
Rath Packing Co common
—10

24%

Raymond Concrete Pile

24

common—

23%

24%

1,800

Raytheon

24

24%

1,100

11

11

11%

21.900

Jan
Jan

28

Jan

23*

Apr

27

Feb

55% May
6V8 Jan

200

4

4

4

4

500

3%

Feb

4%

1

1

1,000

%

Apr

1%

27%

Ric-Stix Inc

•

25 Vs

25%

25'A

100

23 %

il

3%

3%

2.000

see

1

3

100

100%

•

41%




10

1
33.

'2%

7,400

100% 100 %

2%

pfd F

common

page

Tri-Continentai

warrants

3%
•

True Temper Corp
Trunz Inc

Tung-Sol
80c

*

Lamp Works

convertible

common

3%

—111

3%

17%

17%

21

21

Apr
Apr

11%

12%

13%

14

3%

Apr

19%

125

12%

Jan

17

20%

Jan

26

2.000

21

13%

preferred

4%

750

18

8%

Jan

14%

Apr

11 Vs Mar

15%

Apr

2%

200

Feb
Mar

5'A Mar
•

Jan

26 Va

Feb

2% Mar

3%

Apr

40

2%

Ulen

Realization Corp

43

1,625

—
■

~9%
7%

7%
26

27%
—

.

2

9%

"9%
8

700

1.300

27%

2,100

10

1,500

Jan

2%

Apr

5

3%

3%

Jan

102%

Feb

Union Oil

25

Jan

Mar

9

Mar

14%

Union Investment Co..

98%

6%

Jan

22% Mar
8%

Jan

43

9%
10

May
Apr
Jan

8% Mar
28%

Apr

10% Mar

•.?

*

•

9%

United
United

9

H Feb
2% Mar
2.60Q~:%12% Jan

2,10(0*--

4
14%
9%

; 7%

Jan

99%

J&t * %*93%

May

lVs
4

Jan

May

16% Mar

9% May

Co of California—

$3.75 preferred series A
Union Stock Yards of Omaha
United

"Ma

1

.10c

Unexcelled Chemical Corp.

9

38

MS

U

32% Mar

Union Gas of Canada.

Roii., Koyce Ltd—
American dep receipts for ord reg—£1
Rome Cable Corp common
5
Roojcvelt Field Inc
5

For foofnotes

1

Corp..

Jan

Jan

J. Feb

330

Rotary Electric Steel Co
Rowe (The) Corp common

Lux

Apr

1

30%

Roc: ester Gas & Elec 4%

Feb

Apr

5

29%

Roe.zcr & Pendleton Inc

58

13%

5

30%

Rio Grande Valley Gas Co—
(Texas Corpi v t c

Apr

Trans

'

5

Rlcnmond Radiator

1%

'

Re's (Robert) & Co—
Reliance Electric & Engineering—

l

24% May

1%

•

-

Jan

24%

$3 convertible preferred

A—
*
Manufacturing common
5
Reading Tube Corp class A
6.25
Regal Shoe Co————
——1

21

Aircraft

Products

Chemicals

Corp

"-..I'64

100

common—50c

common

x98%

99%

3%

4

•

—

-•

•

ex-rights

29 %

7

28%

'

x38
27%

Jan

2.10a " *~ <2% Mar

.r~^-48

%-

%

warrants

United Elastic Corp
United Light A Railways

4

51J3D3—-

39%

ajTL

,28Vs

29.70CT__

*

Jan

100%
70

4%
51 Vs

Feb
Mar

Apr
Jan

3% May

33»-. Jan
27% Apr

—40

Mar

29 Vs Mar

Number 4909

Volume 171

.

.

The Commercial and Financial Chronicle

.

NEW

s

(2125)

YORK
RANGE

Week's

Oi

Par

United Milk Products
75c

Molasses Co

Amer

United

NJ

RR

United

Snaring

Shoe

U

S

Air

U

S

Foil

.100

S

and

$5

1st

class B

Radiator

U

S Rubber

United

Corp

Universal

Products

&

Power

16

2%

14,700

l'/a

173/8

1,200

15%

2;10U

3% Mar

275

83% Jan

1%

1%

13/4

1%

Nov

1

Superpower

Jlfar-Nov

Extended

at

Milwaukee

4%

Gas

1963

to

Light

1961

1% Mar

2

Feb

57

25

50

28 3/8

350

Ohio Power 1st mortgage 3%s

mortgage 3s

3%

3%

33/4

24%

27'A

Apr

Piedmont

28%

Jan

29 %

Jan

5,600

33/4

Apr

2,300

23%

27% Mar

Jan

Lexington

3%s

Jan

1968
3s

1

common

6%

Vanadium-Alloys Steel Co_

•

Venezuelan

i

4%

20c

37/a

Petroleum

Venezuela

Syndicate
Vogt Manufacturing

Inc

7'/a

J'/4

5

10,200

5

Feb

10

68

Jan

27

Jan

77'

7Vb May
77

May

30 V4

100

4'/2

3,700

3%

4'A

17,900

2%

Feb

4V4 May

14 'A

•

30'A

4'A

14 »/4

100

12%

Jan

14'/4 May

5'A

ex

Public

Oct

Oct

1

1940

1947

1

W
-

Wagner Baking voting trust ctfs ext—•
7%
preferred
.100
Waitt &
$2

Bond

Inc

Baking

Wentworth
West

Co

6%

&

100

1% Mar

10%

1.25

3'/as

A

series
and

1st

9%

Western

ref

M

motrgage

Tablet

200

%

5,3uu

%

Feb

l'/a

2,600

4%

Apr

6%

Jan

A6%s

77A Mar

8%

Jan

A6%s

Jan

Stationery

Jan

114%

174

174

174

10

158

Feb

1753/4 Mar

2%s

28'A Mar

United

24%

__

30

29%

30%

20

20

20

—

--

Wichita

River

Wickes

3s 1981

series

3s

Gas

Gas

3s

Willson

<R

C)

&

Products

Wilson

Brothers

5%
5 7c

Woctiall

(F

American

4%%

pfd

Feb

19

3%

1,400

2%

Jan

100

173/4

Feb

8'A

1,000

7%

Jan

7%

5

9

2,300

4% May
9% Jan

__

3J

3%

300

12%

12%

13'A

275

]'>%

12%

100

32

30%

32%

1,000

__

100

...

--

2

—

33/e

May

12%

%

Apr

22 'A Mar

8'A
9

12

12%

receipts

1

.

—

7

1603A

164

105'A

12

104%

1053/4

107%

109%

*102%

104'A 104%

5s

Ltd

4

Feb-Aup

105% 105'A
103%

April-Oct

"1% ~1%

Interest

Exchange

Period

West

Electric

*106
—

*95

Jan

16 y4

Feb

13

April-Oct

$85'A

6s

conv

f

s

43

50%

13

43

58

50

45

50

30

43%

57%

1953

coupon

57

643A

*58%

Feb-Aug

series

—

of

Bid & Asked

107%

Bonds

Range Since

Sold

Jan. 1

No.

High

103%

3033A 103'A

1956

*67

June-Dec

1956

1947—197f

A6'As

series

Fuel

Marelli

ex

&

3'As
RR

Elec

A6%s with

Nov

1073/s 108

109'A

-

103%

ACauca

1043A

105% 106 »A

44

103

108

111

59

108

*93%

*119%

—

1959

Feb-Aug

103

—

3s

...Jan-July
...Jan-July

1977.

6s

94%

111%

94%

94%

7

100%

100% 100'A

83

99%

1003A

100'A 100'A

2

99%

100'A

5%s

56%
102

57%

40

May

.

Jan -July

91%

94

40

8

55%

1

40

V2s

5s

ALima

60%

25

101%

103%

317% 117%

2

117%

A7s

series

A 7s

A7s

E

(Aug

series

A7s

C
1

*56%

May -Nov

Ry

4s

+30

Mar-Sepi
Jan-July

1950

1963

57'A

59%

listed

on

67%

67%

99%

Jan-July

99%

vu3/4

103%

Parana

June-Dec

coupon)

45

45

43

41%

43%

'

Feb-Aug
coupon)

9

80'A

11

89%

1957

90

*83

£0

May-

16

18—™

May

19

:

-

m

94%

77%

89

stamped

Bank

35

...

7%

3

8%

14%

...93/4

__

(Plan

reduced

de

2%s

Janeiro

Interest

Denmark

to

5s

20

*37

39

33

38

*51 %

56

46'A

54

..May- Nov

*50

..April-Oct

*50

*45%

50

:

50

:

50%

*91

_Mar-Sepf

*37

39

45%

80

92%

50%

37

..

..June-Dec

1972

.

June-Dec

..June-Dec

1931

6s

23

20

—May-No©

1951—

Chile

of

8%

—Jan-July

91

A)
2'As

2008

;

31%

37%

18%

25%

31

—

38

—

(ser A B C D E)
2%

to

23%

..Jan-July
—Jan-July

*35%

107

237/e

(Plan A)

stamped

reduced

Government

1997— ..Jan-July

2012™

6%s 1919

3

2%

3%

$23A

.June-Dec

1921

37

*23/4

3

2%

3%

•No
e

Odd-lot

par

value,

a

transaction

Deferred delivery transaction (not Included In year's range), d Ex-Interest,
1 Ex-distribution, g Ex-stock dividend, b Ex-

(not included in year's range).

principal.
n Under-the-rule transaction
(not included in year's range), r Transaction
(not included in year's range),
xEx-dividend, yEx-rights, zEx-liquidating dividend.

15

86

asked prices;

no

roads

ities

SReported In receivership.

95%

tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c,"

83

12

95

91%

"w

Averages

Abbreviations

used

above—"cod,"

certificates

1," when issued; "w w," with warrants;

of

deposit;

"cons,"consolidated; "c^," cumula¬
voting trust certificates,

"x w," without warrants.

Qver-fhe-Counter Industrial Slock Average
(35 Stocks)

Compiled by National Quotation Bureau, Inc.

10

10

First

Second

Indus¬

Grade

Grade

Util¬

40

Rails

ities

Bonds

10

Total

Date—

43 50

218.04

55.53

Stocks

trials

Rails

Range for 1950

Closing

77.02

102.66

105.41

91.89

105.15

77.10

102.71

105.14

92.05

105.15

101.26

43.65

13-

36.89

High™.

15

36.94

Low

May

16.—™

37.12 May 18

36.96

35.13 Jan.

4

101.28

43.48

May

May

55.44

56.44

65

sales being transacted during current week.

85

86

,

Range for 1949

77.79

102.64

105.27

92.15

105.15

101.30

May

17.™

37.07

220.60

56.57

43.82

78.08

102.54

104.94

92.20

105.15

101.20

May

18

37.12

High

35.20 Dec. 31

56.53

44.04

78.14

302.51

104.94

92.39

105.14

101.24

222.11

56.92

44.20

78.62

102.49

104.71

92.34

105.18

101.18

May

19

37.11

Low

27.79 Jun. 15

1 219.70




lor casn

being traded flat.

92

10

Total

A Bonds

220.63

—

3 7

May

79

86

-Bonds-

Util¬

217.78
™

May

20

Rail¬

trials

15.

46%

£3%

94.

83

the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.

Indus¬

May

76%

4

92

84

1952..

ei

90

*86

Jan-July

coupon)

84%

80

are

...

53'A

56
94

*51%
94

1958..._Mar-Sepl

2%s 2008

to

(Republic of)

1 %s to

88%

84

1955

/

13

71%

71%
104%

*41%

1952

Date-

7s

stamped

Interest

Peru

Kip

52

-Stocks-

May

52

*44

;

Stock and Bond
Below

76

71%

Feb-Aug

Sec—

1941

1941

High

*75

June-Dec

Mortgage Bank of Bogota—
A7s (issue of May 1927)
1947
A7s
(issue of Oct 1927)
1947

61

RR—

1957

F

(July

tLow

Loan—

City

ARussian

103% 103%

June-Dec

1955

1941

Jan. 1

No.

76

1953

Interest reduced

118%

May-No©

1953

Range Sine©

Sold

High

.Jan-July

(Peru) 6'As stamped
Maranhao stamped (Plan A)

Rio

1953

coupon

Bonds

Bid & Asked

*75

..May-No©

{Friday's bid and

Power

(Dec

103

Mtge Bank—

Western

series

A6V2S

120

101%

2

103

April-Oc t

Port & Waterways —
AExternal 6%s stamped 1952

47

101% 1021/4

Mar-Sepf

(coupon on) .1958
Ex-coupon market

a G

1073/4

120

—

(Col) —

1955

Mortgage Bank of
May-Nov

series A

International

3 06 %

—

—

Friday's

or

Sale Price

Period

1946

Valley 7s 1948
Municipal

AMortgage

1993

A

coupon

Western

&

95

97

Week's Range

Last

Interest

Cons

External

1123/4

1956

Mountain Power 33/4s

Guantanamo

—

91'A

'

June-Dec

1960

5s

1

94

173

103%

180

111%

1961

Trunk

—•

Danzig

106

166

"4

*173

—

Co—

1940

1947

Residential

5s stamped

Grand
Green

63

62
—

94

Mar-Sept
June-Dec

7s Jan 1947
Mortgage Bank of)

A5%S
Finland

103%

Union—

7s April

(see

Danish

High

1073/8

8

106%

1965

5s

Mfg

1

1

Nov

102%

€0

*30

--

1954

Mortgage Bank

year

AMedellin

mortgage 4s series B 1993

Ercole

20

Hotel—

debentures

External

Low

Division—

J

4s

Lt

—

—

Co—
coupon

1947 coupon

BONDS

Bogota

Western RR—

of N

mortgage
&

63'A

*30

--

Authority—

Jan

100'A

Gas

%

96
90

50%

Jan-July
April-Oct

New York Curb Exchange

Authority—

Co debenture

Water

89'A
79

:

■

Foreign governments and Municipalities

Feb

"2

1 % Mar

*104'/8 104%

Registered

A 1st

106%

Mar

4%

__Mar-Sepf

Elmira

102

106%

89

Friday

33/4 Mar

L_Jan-Juiy

Eastern

106 3/8

101%

Apr

103% 103%

&

103'A

—

95%

—

.—May-No©

Afay-Nov

1940

1

*

105 '/2

107'A

Feb-Aug

1946

1940

1

Newspaper

Apr

loy8

Friday's

or

3'As
..Quar-Feb

1st

A 104%

6

103% 103%

*102% 104'A

—

1947 coupon 1953

Traction

Penn

Western

107'A May

Week's Range

Last

Sale Price

..June-Dec

Lackawanna

1053/4
108

3

12% Mar

104% Mar

3,900

Low

Delaware Lack

104
105

'

14% Mar

100

Friday

Cities Service

41
'

Jan

35%

500

4

4

1%

•

BONDS
New York Curb

revenue

5

.

$ 106 'A 108

—
■

Jan-July

A20

33As

__

107% 107%

1970

A20-year

Transit

61
—

163%

104 5/e

Washington Water Power 3'As 1964

Agricultural

Chicago

—

163

Lew

City

57'A
—

107'A

1973

B

3'As

debentures

income

£1

Hargreaves

Atlantic

106

43/8 Mar

Apr

293A Mar

--

106%

106

(Calif)—

Service

Dec

Dec

Waldorf-Astoria

May

14

11%

Feb

12% May
12'A May

__

8

4

98%

205%

iV

:

Ltd—

deposit

preference

Wright

17%

19%

•

common

W.i

ex

7%

l

Inc

Petroleum

Woolworth

with

A7s

3%

25

Lt

A7s

19%

_i

&

Feb

21% Mar

8%

25

w

Industries

Woodley

€%

Inc

common

Pwr

Electric

32'/4

•

Co

xw

Elec

Wisconsin

3 %
__

105%

98%

105

~

May-No©

revenue- 1969

Apr

—

107%

105 'A

58'A

Mar-Sept

1971

Aug

Aug 1

18'/a

5

10

v.-

preferred

Winnipeg

l

common

preferred

—

Feb

*56'A

Mar-Sepi
Jan-July

1965
;

stamped

with
ex

18% Mar

50

105%

*3 .1

106'A

100

*30

~

Jan-July

1952
3s

Triborough Bridge & Tunnel

A 5s

Co

Oil Corp...
Corp

(The)

Williams

i

475

66%
106

Hydro-Electric Co—

112%

10

&

Terni

60

20

Mfg

Jan

113

Inc

'

Apr

113

*

com

133A

113

Coal

IWm)

2nd

A 7-4s

4%

60%

nrw

55%

103

107'A

April-Oct

Spalding (A G) & Bros 5s 1989
Starrett Corp Inc 5s coll trust 1966
Sllnnes (Hugo) Corp—
A7-4s 3rd stamped 1946™
Stinnes (Hugo)) Industrie.'—

10%

Westmoreland

Whitman

Feb

.

103

105'A

105'A 105'A
*98

.

1973

Southern Counties

%

Westmoreland

Shoe

Jan

1113/4 May
23/a Apr

3
14

*1053A 106'A

f?,

105'A

April-Oct

Edison

California

Southern

1st

101 y»

66

*106

1960

Water Power Corp

California

4%

...

$6

Western

Weyenberg

Jan

400

—

47%

1

106 3A

debentures 1998
Electric—

Southern

%

1

preferred
•
Maryland Ry 7% 1st pfd__100
&

May

7'A

13%

Apr

9'A

7

109

7

2'/2

.

Co—

Gas

Sap Joaquin Lt & Pow 6s B

4%

vtc wi

Utilities

1% Jan

__

warrants

Manufacturing

Texas

100

13'4

30

fWaltham Watch Co.
Ward

7 Vi

1

preferred

cum

2

2

-

64%

*106

Southwestern Gas & Electric 3'As 1970

•

63

37

-

1033/4 104

Jan-July
June-Dec

1960

coupon

coupon

Service Electric

50-year

4

Waco Aircraft Co

M

Hydro-Electric Co—
with

A6%s

Apr

98

•

49

Jan-July

A6%s

32 % Mar

3% Mar

88

.

*106% 109

—

April-Oct

1964

1970

Safe Harbor

Corp

convertible preferred

$4

64%

April-Oct

1971

1st mortgage

Queens Borough Gas &
5%s series A 1952

Valspar

High

57'A

.

1st

Apr

27% May
2% Feb

25

101'A'101'A

104

May-No©

Pennsylvania Water & Power 3%s 1964

40

Low

60

47%
101'A

—April-Oct
Afar-Sept

1967

4%s

New England Power 3'As

Apr

400

Jan. 1

No.

*30

Jan-July
Feb-Aug

1963

6s

McCord Corp debentures 4%s 1956
Midland Valley RR—

Park

200

92'A

$57

Feb

26%

"

with

1952
1940 coupon 1952

1,500

50

Range Since

Sold

High

90%

92

1940 coupon

1

13/4

28 '4

27

A 7s

Altalian

Nov

1% Mar

25%

•

with

53/4

.5

common

Jan-July

Jan

28%

„

Mar

1952

4%

10

•J.

Feb

4%
93

certificates

escrow

3,700

13/4

50

Jan

Apr

2% May
18% Apr

Fb

4

5%

common

Jan

90

3%
89

Bid & Asked

Hydro-Electric Co—

A 7s

42% May

Jan

5'A

_

Light

49%

Jan

12

16%

89'A

-10

Co

Sugar

Utah

Apr

40%

2'/4

-10

Insurance

Universal

Utah-Idaho

40%

590

.50c

Oil

Apr

500

-1

common

Consolidated

Mar

4,650

5%

Reclaiming Co

1

6%

14%

~"l

common

Stores

Universal

Isarco

42

3%

•

warrants.

ADebenlure

245% May

Jan
Jan

5

Bonds

Friday's

or

Sale Price

Interstate Power Co—

Apr

41%

16%

•

Securities..

with

43%

Jan

%

200
50

43

—

2%

1

International

S

4

2361

20

•3/4
6

Last

Period

Low

Jan

14%

—

10c

Conditioning Corp..

preferred

43%

1

common

244

%
6

.25

.

U

244

25c

...

common- „25

Machinery

Co

Jan

19

Apr

4

.10

Specialties

10

Feb

17%

200

./..

common

Preferred

U

7% Mar

100

Interest

New York Curb Exchange

High

Ltd—

preferred

United

9

Week's Range

Friday

Law

18%

18'A

& Canal

Prom

10%

19

BONDS1

deposit rets ord registered.

Unitea

MAY

Range Since January 1

SuUtD

High

9

participating preferred

United

litCS

Low

common

EXCHANGE

ENDED

for Week

Last

Sale Price

CURB
WEEK

Sales

Range

Friday
STOCKS
New York Curb Exchange

FOR

33

;

34

The Commercial and Financial Chronicle

(2126)

Transactions at the New York Slock
Int'l

United States

Foreign"

Bank

Government

Bond

Bonds

Bonds

Bonds

Bonds

Sales

Railroad

Week Ended May 19, 1950

of

Shares

Stocks

of

$703,000

$109,000

$812,000

Monday

1,220,170

2,258,000

293,700

2,551,700

Tuesday
Wednesday

1,733,060

3 071,000

315,000

3,386,000
5,254,000

-

4,901,000

353,000

1,765,630

3,593,000

244,000

2,110,210

Thursday

4,618,000

497,000

2,019,210

_

Friday

_

Tuesday
Wednesday
Thursday
Friday

4,493,732

194,494,542

$47,000

$17,000

——

_

45,187,710

$16,509,250

$427,506,210

Week's

Tel

100

Tel

American

Woolen

*

Anaconda

Copper

50

&

pfd

of Prices

Low

__

161%
__

__

43%

47%

50%

158% 161%

Low
30

40%

Feb

High
45

Jan

175

38%

Jan

50% May

3,603

146%

Jan

160% May

25%

240

21%

Feb

31%

33%

36-7

27% Mar

117%

117% 117%

11.6

115

49

47 %

32

Jan

33% May

116
49

$425,000

100

15%

WEEK

100
100
—100
*

Eoston & Providence RR

100

40
__

MAY

'

If>

Kahn

Copper

10

—

Kroger

;

15%

P

37%
4%

Unlisted

Feb

Jan

American

290

14%

Jan

33

—

77

79 %

*

Co

Range

6%

14%

5%

6%

318

74%

79%

353

14%

14%

95

40%

Apr

100

6%

100
100
100

1st

preferred series A
preferred class B
5% preferred adjustment

Eastern SS Lines Inc..

Employers

Association.

Group

National

First

•

—

3%

81

Apr

Federated

100

3%

May

75

—

60

55

58

May

—

33%

33%

50

32

21%

21%

200

—

„

•

38%

37%

38%

70

•

Stores

54

58%

71%

70%

72%

3% May

6% May

79% May
14% May

Dep't

I,

Gillette

Safety

Razor

•

Hathaway Bakeries
Royalfe Copper

Loew's

Lone

Electric

Cement

Massawippi
Mathieson

5%

Valley

100

100

Corp

*

Assn

5

National Service Cos.

1

New

England Electric System
New England Tel & Tel

—20
100

& Hartford

Drug

Shawmut
Stone

2.50

National

Cash

Radio

_

Co

Suburban

Elec

9%
22
__

12%
101

Apr

......

—

4%

*
common

J

*

7%
16
__

__

♦

33%

Unon Twist Drill

5

26

United-Carr Fastener Corp
United
Fruit
Co

*

United

6%
U

8

——

Shoe

Machinery
preferred ■„

Rubber

•

common

!

25
25

Co

lo

Waldorf System Inc
Westinghouse Electric

•

Corp

12.50

Jan

76% May
70% Jan

1%

16%

Feb

98

Jan

55%

9%

9%

935

7%

Jan

16% Mar

22

Jan

100

15c

30c

1,513

10%

Jan

101

530

92%

Feb

7%

Jan

10

29c

Jan

70c

U S Steel

Jan

May

3% Mar

5%

Feb

5

_l

8

Burger Brewing

«

Cincinnati

—10
—•

Advertising

Cincinnati

Gas

Electric

&

Preferred

Cine

&

common_8%
.100

—

Cincinnati Milling

Cincinnati

5

Mach—

Street

16

315

15

Jan

€18

20%

Jan

23%

Sub

Bell

Tel

9

100

Cincinnati
Coca-Cola
Cohen

Tobacco
class

36%

Jan

220

22%

Feb

Ford

Apr

59%

63%

3,592

53%

Feb

43

43"%

1,500

40%

Apr

49%

_

common

Formica

—

41%

41%

10

40%

Jan

42 %

»

42%

42%

50

37%

Jan

—

preferred

35

13 %

13%

34 %

35

70

12%

Apr

14%

1,022

30%

Jan

35% May

Jan

Exchange

Week's

For footnotes

—:

see

page




43.

«

100

17

18

May

33%

27

26%

Feb

34%

May

20%

210

12%

Jan

23 %

Apr

19

18%

19%

720

16

Feb

12%

134

11%

Jan

19% May
13% Mar

23 "4

23%

60

21%

Jan

24% Mar

75

72%

75

178

66

Jan

27%

28%

108

25%

Jan

28% May

37%

37%

20

33% Mar

32%

142

25%

Jan

37% May
33% Apr

34','2

34%

60

30%

Jan

35% May

98

12%

•

37%

--

New York Curb
Midwest

16%

Jan

75

May

Exchange

Stock Exchange

DETROIT

Building

Detroit Stock
>-•

i

Exchange

••

Range
of Frlces

Shares

Low

Electric

20
__

19%
2%

20

261

3

128

16%

„

__

Low

16%

20

20

193/3

197/8

400
50

18%

Apr

2%

14%

Apr
Jan

15%

Jan

High

__

39%
__

32%
__

791/4

35
5

32%

39%
5

5

77%

33%

175

32%

540
31

32%
5%
80

19% May

50

107% 108
30%

540

Altes

Brewing

"

160

1,157

1,004

5

Feb
Mar

Mfg

Detroit

Jan

Federal

20

Apr

Federal

30%
103

Feb
Jan

26%

Jan

4% Mar

731/4

Feb

35

108%

Apr

5%

2,553

20%

4,295

Power

common

_

—1—1

12"%

13

106

12

V* Apr

13%

—

gs/8

10

25

May

25

100

May

108

Jan

Hoover

15% Mar

16

Feb

88

88

9ya

20
300

__

70

212

55%

56

37

37

37

7

88

9%
44

894

63%

Feb

34^4

555

33%

71% May
35% Mar

7%

7%

400

6%

Jan

6%

402

6%

Apr

7%

Feb

7.874

22

7%

1,744

Jan

Jan

7%

Apr

7%

Jan

7 %

23

374

6% May
21% Mar

23%

14%

14%

125

13%

Jan

14%

18%

19%

410

18

—1

14 %

6

——1
_

6

3%

3
35c

_.

35C

150

10.100
3.479

5

4

%

4%

100

1

Co

5%

6%

850

iill

__

4% Mar

2%
30c

Jan
Jan

4% May
4% Jan

14

85%

86%

2,491

70

Jan

3%

86%

400

Apr

1334

1
10

—

Apr

8% May
23% Mar

22%

*

Truck

3%

150

3

Apr

805

9% Mar

11% Mar

7% May
Jan

Apr

19'A May
6

May

3% May
44c
5

6%
14

Jan

May
Apr

May

86% May
4% Jan

10

—__i

1%

10

11%

Feb

2

-—1

Oil & Chemical

May

Hall

Lamp

_

Ball

2

1,275

1%

Apr

2%

Feb

1%

1%

25,473

1%

Feb

1% May

May

Jan

10

Mar

Howell

Mar

70

May

Hudson Motor

Kaiser-Frazer

53%

Jan

60

Feb

31

Feb

39

May

Electric

Klng-Seeley

1—-.5

_

& Bearing
Manufacturing
Houdaille-Hershey common

May

68%

23%

Hoskins

gy2

15%

Feb

51

88

17% May

Jan

1

Manufacturing class B_

25

5

Jan

14%

23%

Motors

102

151/3

13%

1,483

23%

General

25

151/3

1.133

14%

1

-

Jan

17%

20

_

_

Gemmer

100

—

6%

20% May.
1% May

16%

3,940

Gerity-Michigan Corp
Goebel Brewing
Graham Paige Motors

Jan
Mar

14'A

8%

Industries

Lakes

77c

8%

Apr

May

5% May
13%

8%

_

Steel

600

Navigation-.—_8

Brewing
Erewing

Wood

7%

-1

—1—5

Motor

%

High
3% May

6%

*

__

_

Motors

1

Jan

34%

25
-0

%

2%

68%

—

Mar

32% May
5% Apr
80

Gar

17%

»

Mogul

Gabriel

1,367

5%

Bros

Ale

Low

3%

19%
1

Range Since January 1

High

5 %

*

Corporation

Friars

3%

20%

-T

-

Edison

17%

Low

3%

2
_

Detroit-Michigan Stove
Detroit Steel Corp
Divco

61/2

Shares

-—1

American Metal Prod

211/4 Mar
3% Feb

20% May
39% May

for Week

1

__

_

_

Detroit & Cleveland

Range Since January 1

Range
of Prices

Par

Allen

Davidson

High

Sales

Last

Sale Price

STOCKS

Consumers

for Week

Week's

Friday

Chrysler Corp

Sales

66
—

16%

44% Mar

__

——

Gibson Art

Hatfield

Apr

34% Mar

20

_

Exchange

May

—

»

50

...

Insulation

Apr

14%

33 "2

16%

-15

Jan

__

Dow

39%

„

Telephone: WOodward 2-5525

26

26

43%

♦

Day & Michigan preferred

86% May
1

20%

_

Detroit Stock Exchange

Jan

63%

5

25
...

Feb

Members

May
28% May
63 % May

*

Warehouse

A

32%

Jan

.12.50

New York Stock

Great

(Dan)

10

Jan

157

9
May
31% Mar

11

34

75

32

-50

36%

Apr

9

33

28 %

25

Cincinnati Union Stock Yard

Jan
Jan

16 % Mar

22%

26

10

Railway

41%

68%

32

*

Frankenmuth

Carey (Philip)
Champion Paper

215
364

7% May

16

24%

Sale Friee

...—:

50 %

86%

11%

_

Apr

21%

Last

—

38% May
50'A May

Jan

28 %

__

Par

Baldwin

% May

Apr

Watling, Lerchen & Co.

Continental

Balcrank

Apr

May

21

10

18% Mar

Friday

20

34%

Jan

32

.

36%

(new)

Jan

16%

Cincinnati Slock

Mach

Jan

May

lih May
14 % Apr

34 %

27

__

Laundry

100

14%

Budd Company
Burroughs Adding Machine

American

38%

80%

5

Bearing

Brown-McLaren

STOCKS

30 %

3,354

14%

31%

86%

—25

Westinghouse Electric

Feb

519

168

%

13%

32%

34%

(Ohio)

102 y4 May

10

7%

934

32%

32

h

14 %

■

Oil

13% Mar

7%

80

5.743

lil May
11% Feb

i'c

14%

May

15c

100

30%

Feb

45
155

1%

38%

1

-50

——

Apr

13

4%

28%
80

1

May

15c

4

28%

Feb

12%

200

Apr

66%

Apr

9% May

555

1,043

27

12

161% May
38% May

89 % Mar

95%

17%

Jan

80% Mar

47%

42c

Apr

56% May

40

40c

Jan
Jan

26%

34%

,

Timken Roller

15

16%

9%

146%

145

49 %

-

(NT ,T)

40% May
11% Mar

74

8%

35
163

37%

74%

79%

-10

—

Brands

Jan

98

100

36 %

*

CM

Standard

54%

22

11%

158% 161%

■"*

Co

50'A May

98

19%

4

—

*__•

Jan

54%

8%

16%

•

Securities

Torrington Co

__

__

11%
1613

•

Socony Vacuum
Standard

Apr

€8

37% May
14% Apr

—*

Southern

x9% May

200

Jan

_

Corp

33%

212

.—2.50

——

Inc.

16

_

_

Oil

40% Mar

Jan

77%

11%

32

Pennsylvania RR

76 %

82c

83

25

—

16

147

—8

Pure

Jan

49%

82

14

-.5

Edison

Jan

455

76%

14

16

Register

Jan

Feb

100

56%

Jan

14

7

__

York Central

41

20

10

11

83

_50

Association
Webster

&

16

x9%
55%

„

100

North Butte Mining

Rexall

1

—1

Nash-Kelvinator

Pennsylvania RR
Quincy Mining Co

10
„

67%

20%

Jan

66%

444

*

pfd

Ry

Racing

N Y New Haven

40%

25

Corp

RR

Chemical

Narragansett

39%

•

—

Theatre

Eoston

Central

39%

55% Mar

300

:.T-

-__

Feb

24%

__

General Motors

Apr

41%

x36

2,746

15

Copper

Star

Maine

50%

1

Isle

Kennecott

49%

*

Co

50

22

1.503

10

Stores

4'/a

Apr

__

Standard

General Electric

Jan

Mar

19%

-25

Gas

64%
75

20% May

832

11%

13

65% Mar

17% May
23% Apr

37

•

Jan

57
58

—

Jan

65%

1

Day Power & Light
Rights

Ohio

G%

Apr
Jan

15%

19%

100

«•__

Columbia

Ry—

Common

59'A

37

_

Jan

5%

New

Eastern Mass Street

—

_

Service

Rights

Apr

12% Mar

12%

65
225

15% May

Jan

Feb

150

17%

64%

1

6

3% Mar

13
61 %

25% May

37

10

22

66 %■

High

Feb

24

64%

Airlines

€6

40

200

17%

1

Telephone & Telegraph.

Jan

5

LOIO

25 %

•

B

May

4% Mar

90

300

Range Since January 1

High

60%

•

common-

19'A

375

5

Apr

25%

8tocks—

American

Feb

45%

Low

13

Rapid

Mar

5%

Shares

•

class

50

21%

for Week

_

_

new

117

€85

40

Sales

Range

•

G

&

Randall

120

1,954

15%

Week's
of Prices

*

1

_

Magnavox

Jan

5%

__

$20,052,000

-

Lunxenheimer

Mar

21%

5

Hecla

&

Service

Cities

$21,472,000

10

common

General

Calumet

939,000

$703,000

"

_l

107

„

—

4,538,000

1,070,000

$639,000

Chesapeake & Ohio

prior preferred—
5% cl A 1st pfd stamped
8% class B 1st pfd stamped
Boston Personal Prop Trust

$14,575,000

7,244,000

52,000

EXCHANGES
ENDED

Cities

7%

$13,158,000

103.000

85,000

Total

114

Railroad—

Maine

&

$548,000

129.000

itL:

Armco Steel

Stamped

22,212,432

—

go vermhent:

Foreign

20

Boston Elevated Railway-

Boston

45,082,936

Foreign corpo

100

100

RR

Boston Edison

1,206,972

Par

Range Since January 1

1949

2,130,436

Hobart

23%

25

Boston & Albany

1950

Last

High

42%

Jan. 1 to May 19

1949

Sale Price

Shares

100

Bigelow-Sanford Carpet 6%

FOR

for Week

Sale Price

American

105,000
$639,000

1

Sales

Range

__

8,000
$85,000

Friday

Last

•
100

4,000
$129,000

Exchange

Friday

Par

93,000
$425,000

o^)S^j

Domestic

$312,196,150

Boston Stock

Agricultural Chemical
American Sugar Refining—;

143,000

W!i■

270,480,300

RANGE

American

164,000

44,000

1950

OTHER STOCK

STOCKS

86,000

25,000

9,000

iw'

40,716,350

382,967,300

-

5,000

26,000

415,130

.

1

712,000

223,000

1,697,250

14,765,000

$20,972,700

Industrial.,

&

40,000

90,000

2,130,436

__

$287,500

1,811,700

Railroad

41,000

113,000

Week Ended May 19

19,144,000

Foreign

Total

372.335

89,334,527

$128,200

Bank

International

108,000

372,686

Stocks—No.

Government-.-—

S.

$33,000

2,000

1949

Bonds

U,

$1,000

36,000

423.750
„

_

Jan. 1 to May 19

1950

1949

9,422,480

shares

$14,000

70.000

Corporate

$20,972,700

$17,000

Week Ended May 19

of

$18,000

384,310

._

„

Stocks—No,

Foreign

Government

Shares)

Total

1950

Foreign
Domestic

162,225

3,854,000

$17,000

Week Ended May 19,1950

Monday

5,115,000

$1,811,700

$19,144,000

9,422,480

Total

Bonds (Par Value)

(Number

574,200

Saturday

Monday, May 22, 1950

.

Daily, Weekly and Yearly

Total

and Miscel.

Stocks

.

Transactions at the New York Curb Exchange

Exchange

Daily, Weekly and Yearly
Number

.

6%

6%

1,213

10

13%

13%

13%

260

12%

Apr

2%

13%

13%

13%

802

12%

Jan

305

11%

-

_

_

•

♦

13%

5%

13%

13%

4% Mar

Apr

——1

__

3%

3%

3%

500

3%

Feb

-12%

Motors

Car

16%

15%

16%

951

13%

Feb

5%

445

4%

Jan

26%

480

21%

Feb

1

5%

1

26%

5%
26

6% May
13% May
Apr

14

14

4%

Jan
Jan

17% May
7%

Feb

26% May

Number 4909

Volume 171

.

..

The Commercial and Financial Chronicle

(2127)

OTHER

STOCK

RANGE

Week's

Friday

WEEK

EXCHANGES
ENDED

MAY

If)

Sales

Last

Range
of Frices

Week's

Sales

Range

for Week

of Prices

Shares

Friday

Shares

\

Last

Bale Price

for Week

Sale Price

STOCKS

,

FOR

STOCKS

Range Since1Jannary1

1

Low

Par

Kingston Products
Kinsel
Masco

Motor

National

__

Stamping

Packard Motor

.__

common.

_

Metal

Brewing

old
—

_

W)

Raisin

Rudy

Products.

&

_

_

.

Manufacturing

-

Apr*

1%

1 %

200

•„2.4o

28

Jan

20%

2,Q15

15%

Jan

iOO

2%

Apr

Apr

1.00

600

2%

3% Mar

3%

3%

1.160

2 Va

Jan

816

35%

Jan

30

30

100

29

Mar

1.275

2

Feb

2%

Jan

46%

2 %

2

44%

487

37%

ju'

112

11 Va Mar

2%

775

6 Va

63a

800

2% May
6% Mar

2%

612
3

-1

15%

2°h

__1

44 %

15%

%4

3

Jan

3% May
4%

Paper Co

Int'l Tel & Tel Corp
Jade

Oil

10c

10

Sheller Manufacturing
Soss

__

Jan

Kennecott

Standard

Tube

class

Timken-Detroit

B

Lane-Wells

30

Jan

Lockheed Aircraft Corp
Loew's Inc (Un)

Apr

Los

Angeles Biltmore Hotel

15% May-

Los

Angeles Investment Co

May

3 v

Jan

Petroleum

Menasco

Mfg

Merchants

(Un)

1.860

21

Jan

29% May-

Montana

3.23'J

10

Montgomery

Walker

&

Class

850

2%

Feb

828

14%

Feb

11%

_

1

May

4%

Apr

5%
16%

16%

57

56

57

1 Va

440
400

15 Va Mar

15%

40

-jjiJG

300

40

Apr

;

950

1

Apr

41% May
1% Jan

1.00

1 Va

.1

Feb

May

5% Mar
Jan

Mt

Power

Oil

Diablo

Range
of Prices

Sbares

Sale Price

Admiral
Alaska

Corp

1
Gold

Juneau

Mining Co

__

10

2%

32%
27a

Sales

Nordon

Range Since Jenaarv 1

High
331

Low

Aiils-Chalmers

Mfg Co

Airlines

American

Power

Radiator

(Un)
(Un)_

Inc

&
&

Light

St

American Smelt &

__

1

11%

Co

San

__

(Un>—•

16%

Refining Co (Un)__*

American

Tel

American

Viscose Corp

Tel

&

•

(Un)

Co

(Un)

__

100

161 V»

High

525

27% Mar

38%

Apr

300

a

2%

27/8 May
31% Jan

3%

34%

341

11 Va

11%

2,680
80

602

a

16Va

16%

1,440

54%

54%

220

161 Vi 161%

1,517

9%

Co

Corporation

American

35% Mar

Anaconda

(Un)

Corp

14

(Un)

Copper Mining

Steel

Armco

Co

__

•

__

(Un)_30

Co

(Un)

__

10

__

Armour & Company (111) (Un)
5
Atch Topeka & Santa Fe Ry (Un)—100

Atlantic
Avco

Refining Co, (Un)
(Un)

50

__

_3

a8

Oil

Pacific

Pacific Gas

Locomotive

Works

(Un)

13

107a

Baltimore & Ohio Railroad Co (Un)_100
Bandinl Petroleum Co
-1
Barker Bros Corp common
Barnhart-Morrow Consolidated
Barnsdall
Basin

Oil Co

Home

Corp

Benguet Consol Mining Co
Steel

Oil

Boeing
Bolsa

__

__

2

16% May
55% Feb

Pacific

161% May

Pacific

Western

123

.

13

"

Apr
Feb

Reserve
Rexall

2,450

63
225

10

Feb

13

Jan

35%

Jan

46

May

10% Mar

1%

1%

700

1%

Apr

37'a

610

31%

Jan

100

11%

40

64%

410

Apr

47/a Mar

21%

21%

150

System

Solvents

Gould

(Un)

Consolidated
Consolidated

Co

&

Edison

Crown

17% May
23% Jan

Class

68%

70

Jan
Feb

76%

(Un)

N

—

25

a32

Mining—1

Sav

of

—

72%c

Y

a31%

a32

1

23%

23%

24%

Liquidating

*

5%

5%

Vultee

of

Aircraft

(Un)

Co

Motors

_.

7%

1

__.

(Un)—3

Corporation

Corp

15%

1

(Un)
Inc

America

Zellerbach

1
*■

Corp

__

(Un)—*

common

Class A

9%

___1

__

15%

Dresser Industries
de

Pont

Inc

!—

&

4

__

1334

Equip Co common__5

Exeter Oil Company Ltd
&

Merchants

1

A

77%c

Bank__100

Natl

—

Corporation

General

Electric Co

General

Foods

General

Motors

General

Public

Goodrich

(B F)

2
(Un)

—

•

Corporation

(Un)

•

Corp common
Util Corp (Un)_

__

4.32%

10

a51%
86

5

17%

•

Company

8834

Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)
1
Great Northern Ry Co pfd (Un)
*

—

<•*»

7%

Apr*

75

4%

Feb

Corp

May

25

Mar

7%

47%

Hancock Oil Co

Hilton

Holly

'of Calif class

Hotels Corp
Development

Illinois

Central

RR

Co

9%

14%

Apr

30%

4.88%

Intercoast
Interlake

For

Petroleum

70c

27%

150

-'553

>'

40
600

150
-

450

Jan

May
Jan

19% Mar

4%

10%

Jan

Jan

a__

6%

32% Mar

1.05

Jan

33% May
26% Jan

5%

12% May
29% Jan

Iron Corp

footnotes

*

(Un)__J

see

page




43.

—

Feb
Jan

44% Mar

215

35

Feb,

43 % May

43%

5c

5c

1,000

50

5,655

—

44%

48%

26%

4

Mar

9

Apr

31%

Feb

50

May

35

36

Jan

48 % May

18%
•

22

Jan

27% May
18% May

27%

5,130

18%

18%

1.450

16

Feb

14%

27%

14%

245

14%

Feb

16%. May

25

35%

35

35%

2,492

34%

Jan

36 %

28%

26%

28%

28% May
30% Mar

Apr

33 Va Mar

28

28%

473

28

36

36

36%

235

34%

Jan

36% Mar

8

12%

12%

12%

1,825

11%

Jan

13% Mar

•

56

17% May
7%

Standard Brands Inc

28%

May

Jan

54%

56

760

50%

Jan

56

May

37%

_•

(Un)

Standard

Calif

Oil

Co

Standard Oil Co

of

(Ind)

37%

365

33 Va

Feb

38 %

May
May

Standard Oil Co

•

(Un)

28

(N J)

Stone & Webster Inc

14

Jan

May
Apr

Swift

&

Texas

Company

Company
Gulf

Tidewater

(Un)
Oil

367

16% Mar

61% Mar

77% May

Transcontinental

1312

1334

13

13%

al5

Tri-Continental Corp (Un)
Twentieth Century-Fox Film

14% Mar
37c

20%

302

Jan

18% Mar

Jan

310

Jan

1,625

42%

Jan

126

49%

Jan

May

2,248

20% May
50% May
•'.51% May
86% May

80%

86

69%

Jan

17

17%

750

16%

Jan

18% Mar

8634 8834
a51% a52%

204

88% May
44% Jan

88% May
51% May

219
*

300

1%

Jan

2%

Feb

41

May

42%

Jan

1,510

10

Apr

11%

Jan

101

Mar

'•*»*

*75 '

696

140

21%

Jan

23%

1,265

26%

Jan

13%

1.451

10%

Jan

35% May
13% Apr

19%

&

a22% a22%

80

Jan

23%

a36% a37 %

185

36% May

37%

454

Western

67%

38
a74%

28%

2

18%

Air

11% Mar

Union

Carbide
Oil

Union

Pacific

Co

&

Carbon

10%

(Un)—•

20%

(Un)_*

a50%

of

Calif

25

26%

60%

Feb

128

71%

Jan

67% May
72% Apr

562

23

Jan

28% May

67%

18%

19

5,151

14%

Jan

19

20%

131

16%

Jan

20%

10%

10%

1,000

8%

Jan

20%

21 Va

795

20% May

10% May
25 % Jan

a50Va a50%

436

42%

50 % May

May
Apr

Aircraft

United

Air

(Un)__

Corp

Lines

Inc

(Un)

United Corporation (Del)
United Gas Corporation
Paramount

Certificates

of

(Un)

3,375

27%

Jan"

86%

188

85

Feb

87

Apr

30%

30%

250

26%

Jan

17 '/a

17 Va

180

14%

Jan

31% May
17% Apr

4

18

—

interest

1

Consolidated Oil Co

•

1,760

3%

225

17%

75

al8

35

17%

a42 % a42%

1

10

4
18

al7%

(Un)—1

United States Rubber Co (Un)
United
States
Steel
Corp

24% May

al8 Va al8 Va

1
—10

(Un)
com

26%

86%

10

(Un)

Thea

Jan

25%

50

5

common-

Railroad Co

United

United

Corp

75

38%

19% Mar

Feb

23

Jan

Apr

21%

Feb

Jan

43% Mar

31%

33

3,711

25%

Jan

50%

33

4% Mar

Jan
Mar

51

350

40%

Feb

16

100

\

33 Va

58

Apr
Apr

121

May
13% May
2.10

Van

de

Kamp's

H

D

16

Bakeries...

Apr

Warner Bros Pictures Inc

17

Apr

West

Kentucky Coal Co

9%

Jan

12%

Apr

38%

Jan

Western Union Tel Co

May

7%c Jan

1-0,545

9%

Jan

1;400

2.10

Jan

12% May
3% Apr

100

13%

Jan

15% May

Woolworth

(F W)

Co

Zenda Gold Mining Co_

9

275

30%

695

34%

34%

340

a6'/a

10

47%
llc

a__

a6Va

(Un)—

45

9

W'estinghouse Elec Corp (Un)__.
Willys-Overland Motors Inc (Un).

•»

a20

28%

(Un)

13

al9%

Western Air Lines Inc———

Jan

12%

al3% al3%

(Un),.
(Un)__

35%
2c

Apr
Apr

28%

a73% a743/a

27%

Apr

20%

8

1

50

68,800

Apr
May

35%

—10

480
-<»*

73

22%

—

Union

15%

a50%a51%

Jan

82%c May

Jan

657
■'

66%

133/a

(Un)

1,055
20

334

22%

Co

17%

35

a72% a75%

32%

—

Sulphur Co

Assoc

77%

13,700

47%

25

17%

v....

69% May

Jan

13%

(Un)

733 a

308

Jan

42%

35 %

(Un)
Transamerica Corporation

72%c82%c

24

61

243

25

79% May
19% Jan

Jan

Jan

1,481

47%

1

•

23% May

508

21

69%

——1

(Un)

Sunray Oil Corp common
4 % % preferred class E_

Jan

—

a75%

27

67 3/4

47%

69%

28

Studebaker Corporation (Un)

Apr

35

9%

a23% a23%

•

(Un)_

Jan

11%

3

21%
51

Feb

42%

25

72%

Feb

10

Jan
Jan

Apr

a__

Jan

Feb

Corp

19
»1

♦1 %

13

pfd class A__25

22%

3%c
12%
3
al5% al5%

845

783

43%

preferred

74

2%c
10%
2.90

44%

Jan

1.55

3c
11%

20 Va

44%

5c

Southern Pacific Company
Southern Railway Company (Un)

19%

13%

Development Co Ltd —_25c
Independent Exploration Co
33%c

19%

a79% a79%

Jan

Feb

476

Imperial

19%

Feb

9% May
Feb

33 Va

Jan

160

11%

30% Mar

Jan

23'%

a41% a41%

7% Mar

636

31%

May

"'3,500

__

850

29%

17

13%

—

36%

295

9%

32%

26%

11%

428

-

Jan

34%

9

31%

34%

49

Co

121

_6.6B%

47% May
6% Apr

962

Southern

120

(Un)______100

Feb
Jan

425

23%

13%
1.85
16%

34

37%
5%

1,780

a79% a30%

1.75

700

30'/a

Jan

15%

3.290

5%

7% May
22% May
55c
Mar

32%

Jan

121
—■

47%

5%

Feb
Jan
Mar

32

7%

1.80

45%

♦Hr

29%

255

16%

20%

25

35

1

5%

125

28

9%

12.50

1,570
1,300

_25

17%

A_____.*

_______5

7%

22%

50c 52 %c

—

•

preferred

Apr

10%

Co

Hudson Motor Car Company
Hunt Foods. Inc.

7%
22%

50c

preferred

16%

3

(Un)

Jan

34

Jan

Universal

Greyhound

5%

Jan

11%

preferred

Calif Gas 6%

1,675

««>

12%

2
38%
10%

23
Apr
: 9% Feb

12%

100

4.56%

Southern

2
38
10

__

Jan

3.018

4.48%

35

50%

34% May

Jan

9%

49%

36%

Feb

7%

1

Jan

400

7%

19 %

Jan

26%

1% May
4% Feb

•A

Garrett

♦3%

180

20%

•

17%

790

15%

303

Jan

145

34%

a4%

15

3% Apr
15% Mar

-

Farmers

Apr

34%

23%

(Un)

al5

—

5

•

Co

Electrical Products Corp
Emsco Derrick

__

50c

—

&

Nemours

•

18

1,203

Southern Calif Edison Co Ltd com

Texas

Douglas Aircraft Co Inc

51% May

15% Mar

2,570

Corp

150
*

a34% a34%

7%
12%

44% Mar

400

"

5%

Corp

Oil

185

33%

Engineering Corp

Sinclair

20

*

72%c 72%c
31%

May

May

693

17

Mar

533

17

•

50

14%

17

33%

Power

(Un)

14

12

51%

•

69%

*

100

18 % Mar

19

E

18% May
71 % May

•

Un)

Apr

50%

25c

Trading Corp
Signal Oil & Gas Co class A

Jan

'

10% all'/a

Mar
9

a4

5

Sierra

15%

al6% al6%

4,040

7%

•
15

625

391

4

43% May
4% Jan

34

(Un)„_;

18%

*

Jan

19%

1

(Del)

18%

•

37%

33

Co

13 %

*

170

16%

Sears Roebuck & Company
Shell Oil Co—

Socony-Vacuum Oil Co Inc

-

43%

Mar

34

Solar Aircraft Company

•

Curtiss-Wright

du

Finance

Seaboard Oil Co of

41 %

4
al5% al5f%

55%

a4

1.75

.

40 % May
16 % Apr

ib

Feb

16%

(Un)

Company
Industries
(Un)

Jan

1

52

a35% a37%
—

.

8

Paper

Mar

63%

85

'

Regis

Mar

67%

68

a53% a53%

16%

•

14

82

Jan

a

-1

40

20

Corp (

Edison

Consolidated

Creameries

21% May

1,253

61%

__

1

33

15,730

28 % May

350

43%

1

475

l\i

28%

500

64 %

2.50

1,131

1,7rt
3%

29% May
28% May

200

28%

1

Company
Richfield Oil Corporation
Ryan Aeronautical Co

41%

a74% a79%

Jan

29%

63%

„•

Inc

15%
39%

50

37% Mar

7%

Oil

41

.....

Apr

Jan

20'/a

Manufacturing Co

Ranch

41
25
_10
1

15%

Feb

34%

35

1

Gas Company

25

Commonwealth

Consumers

May

65% May
10 % Mar

__

a39% a39%

8

51% Mar

Jan

8%.

22%

31% Mar

•

Safeway Stores Inc

Feb

Jan

Continental

Drug

Rheem
Rice

&

38% May
13% May

50

Feb

Consolidated

15% May
2% Jan

Oil

Seaboard

140

4,800

...»
,

a51% aSl'a

128

50c

Pictures Corp

Apr

4

.53%

•
•

56

Feb

36%

64 V4

(Un)

(Un)„

40c

1534

2,212

Jan

28%
—

•

Jan

25c

34%

20%

29%

—

25

(Un)
Republic Steel Corporation (Un)

48

34Vt

a37% a37%

33 %c

Republic

7%

Chollar

(Un)

Co

Radio Corp of America (Un)
Radio-Keith-Orpbeum Corp (Un)

182

152

10

Feb

127/8

Cons

Corp

Apr

56%

Gas

•

20

900

22

34%

25

common

Jan

1,050

Commercial

preferred

Apr

30 %

1
•

22

25

3%

1,195

Columbia

34% May

a33% a35%

•

16%

a45 a457a
15%

Apr

Co

Jan

I

26% Mar

__

10

163

17%

Preferred

3.00 Mar

34% Mar

2.00

10

Incorporated

Oil

25%

com

May

Jan
Jan

8,000

8%

Fuel & Iron Corp

May

50c

6%
20c

Feb

16%

Colorado

10 %

1.40

Pullman

7%

__

Jan
Jan

Feb

31%

Apr

29%

1%

May
Apr

210

9%

6%

10

22%

6n"i

Jan

29%

(Un)

52

Jan

2.10

5%

8%

Co

Feb

17%

Jan

Schenley

Rights
Clary Multiplier Corp

41

2.00

162

17%

Cities Service

2iya

8%

St

Chrysler Corp

Jan

51%

Feb

—

18%

a34% a34%

Pepsi-Cola Co (Un)
Phelps Dodge Corp
(Un)
Puget Sound Pulp & Timber Co

Apr

__

16% May

130

Apr

8%

Packing Corp

Jan

1,900

45%

3%c

Pacific Ry Co (Un)
Caterpillar Tractor Co (Un)
Certain-teed Products Corp

10%

135

31c

Jan

•

California

1,310

Feb

Jan

Canadian

15%

Apr

May

*

Jan

15

a20% a20%

15

a20 %

11

7%

Co

14c

8%

37%

•

Jackson

Mar

25c

45

Budd

Byron

9c

21%

2c

_8

1,000

Jan

1,000

(Un)

12c

8%

a52 a54Vs

Broadway Dept Store
Co

Apr

12c

Jan

4,569

Borg-Warner Corp (Un)

15%

12c

Feb

8>4

__

Jan

16%

1212

—

Jan

11%

692

2%c

6%

24%

1,135

8%

Feb

7%

Jan

14%

1

Jan

12 %

8%

21% May

14%

200

8

Jan

211

254

14%

1,175

104%

13%

9

Jan

17%

7%

1

9

a21% a22%

1.75

21% May
9% Feb

17

12%

18

1.30 May

16% Mar

17%

2%c

—-5

400

1,601

580

8%

Co
(Un)
Corp

Oil

1.45

21%

American

2%c

__

1.30

20%

Apr

22

30

Mar

23% May
58% Feb

Apr

52

250

Jan

53%

52

al0al0%"

Apr

21% Mar

355

1.35

a22 Va

Jan

311

23%

a57% a58 Va

3%

1,490

May
May

10"%

90c

10

33 %
38

Feb

32

33% Mar

100

19%

Mar

109

snc

May
2% Mar

2%

23%
a57%

25

1st

Oil

55

2%

9%

28

11

May

3% May

3%

723

,k

400

Jan

19%

1,922

28c

70c

1%

_4

37%

a52% a52%

65C

29% May

316

19%

3314

10%

2,400

Jan
Jan

•

37

85

2%

24%
306

World Airways (Un)„ 1
Pictures Inc (Un)__
1
Pennsylvania RR Co (Un)
50

32

*

2%

a32% a32 '/a

Paramount

6%

18

21%

Co

Motor Car

Pan

6%

628

316

1

Lighting Corp

Jan

al638 al7%

29%

316

Jan

21%

preferred A

70% Mar

all1/. all38

Apr

65c

25

13%

*

10

15%

10

(Un)

redeemable

32 %

1.150

357

8% Mar
1.40

32% May
18'/a Jan

(Un)_100

common.

Indemnity

2

Borden Company (Un)

Elec

&

red

4.80%

Feb

107a

16%

2%

1

Corp of Calif

5%

22

10%

16 Va

—

10

(Un)

Corp

Pacific

Co__10c

Cons Mining
Corporation

Airplane
Chica

__

•

Co

Diamond

Blue

13
__

50c

(Un)

(Un)

Corp

Mammoth

Black

__

5
5

(Un)

Appliances Inc

Inc

preferred

70% Mar

27c

__

—..-5
20c

Aviation

Bendix

Bishop

al7%

1

(Un>

Oil Co

Bendix

Bethlehem

__

6%

10

„

1

6%

Pure
Baldwin

Jan

28%

—.

'

8

Company

965

a8%

24%

31% May

Jan

1

Co

Finance

25

a7%

379

7%

•

Oil Co

24%

^

May
49% May

1.10 Mar

21%

•

Inc

Apr

Jan

30%

1
(Un)

(Un)

Cons

Mar

28%

800

1,670

5

all3%all3%--

__

_._25

Manufacturing Corp

a80% a80%

8%
1.20

1

Railway Co

Petroleum

Edison

Packard

American Woolen

Oil

21

Jan

•

(Un)

Aircraft

Ohio

(Un)

(Un)
Inc

Aviation

12

146%

8

1.10

30%

20

Ltd

Jan

Jan

Jan

57

Apr

100

Inc

RR

19% Mar
547/a May

Feb

17%

Apr

Jan

*

Co

Lines

Central

Pacific

Jan

a21%a21%

7%

Jan

50%

23

*

&

Corp

American

North

Ohio

'

American

Amer

Low

Jan

lb-*8

458

45

1

Distillers Prod Corp

York

Oceanic

for Week

Par

4%

369
.?

782

8%

Mining & Dev

City

National
New

Occidental

Week's

Apr

475

1.10

Co

Ward

Northrop

Angeles Stock Exchange
Last

13c

49%

1

Northern

Friday

Apr

31%

•

North

le-i

STOCKS

Apr

9c

48%

—1

North American Co

Los

16

30%

Co

National

2,227

5%

Jan

Jan

49%

Monogram Pictures Corp

12

11%

4%

Jan

May

9%

31 Va

1

Nash-Kelvinator

15%

10

780

16%

lOo

-

Co

17% May

40

__

Wayne Screw Products

Apr

5%

__

if

A

,

3% Mar

15%

53a

1

_

3%

17%

11%

1

common.

Companv

3%

2,000

45 %

6

__7

Co

Petroleum

^

16%

12c

10c

—

29

38% Mar

Jan

7%

Lincoln

13%

8% Mar

470

25% Mar

1

Llbby McNeil & Libby

Feb

17

1

Corporation
United States Radiator

10

14%

254
405

D

3% May
41% May-

Jan

293a

13%

High

•//
■

5

Company

12 1

—

5

Udylite

a

10

1

common..,

Axle

26%
10

29 3

1

—I

Manufacturing

45%

1

Corp
Kern County Land Co

1.976

J

123a

27

45

,,f..

„•

(Un)
(Un)

Co

Copper

^

12%

—

6

Minnesota Power & Light

_

Scotten-Dlllon

—

14'/a

•

Co

High

Low

27

•
7.50

(Un)

Kaiser-Frazer Corp
Kansas Power & Light

2

-8,2,575

(Un)

(Un)

\
Range Since January 1

Jan

36% May
20% May

41%

3%

_

15

.5

.

2% May
2% Apr

•461

2 %

1

Paper..

1%

Jan

37a

...2

_

Jan

41

1

__

__

1%

3%

*

com
.

Co

International

35a

33a

2%

.

International Nickel of Can

Jan

3

«

.

Apr

1%

3%

_1

__..

5%

Jan

36 %

Low

Par

1%

33a

.2

.

.

High

3Va Mar

3

—

Motors

River

19%

a

a,

600

3

______

Rust-Proof

iH

20 3

1%

0

•

_

Parker

Rickel

35

1

Davis

Reo

•£00

1 %

—10

Chemical

Pfeiffer

r£50

2%

36%

_

■

___

Car__

Parke.

Peninsular

21,2

St

common

Corporation
Electric Welding

National

100

2%

__

1V2

2%

2%

1

4

(t

Sugar

Products

Murray

Park

-2

-

—

Screw1 Products

Michigan

3%

■

1

LaSalle Wines

Low

1%

1

—

_

_

Drug

High

35

47%

122

lie

12c

8,000

8

Jan
Mar
—

Jan

Z:

17

Apr

16V»

Jan

a__

9%

___

Feb

Jan

30% May

30%

Jan

35

'"<9

Mar

21%

47% May
2%c

Jan

7

Apr
Feb

49%

Feb

17c

Apr

,

*■-

36

The Commercial and Financial Chronicle

(2123)

OTHER STOCK
RANGE

FOR

WEEK

...

Monday, May 22, 1950

EXCHANGES
MAY

ENDED

19

Sales

Week's

Friday
Last

DAYTON & GERNON

Range

for Week

gale Price

STOCKS

of Prices

Shares

Low

Par

10%

1,000

•

15%

15%

15%

f

11%

11 Va

3

10%

1%

150

10%

2

High

Low

2 Va

10%

1

(Un)

Graham-Paige Motors

Range Sine* January 1

High

2%

J*Q
-

CHICAGO 3, ILL.

10S SO. LA SALLE ST.
Telephone Central

Gray Drug Stores
Great Lakes Dredge 6c Dock
Greif Bros Cooperage class A

6-0780

Members:

Midwest

Co

Griesedieck

Chicago Board of Trade

Stock Exchange

Western

Hallicrafters

MIDWESTERN LISTED AND UNLISTED SECURITIES

Hammond

(G)

EAU CLAIRE

LaCROSSE

MADISON

Hein

Corp

1

Brewing Co

Werner

3
25
1

Corp
Spencer Bartlett

Hibbard

Hupp Corp

Exchange
Week'*

Last

Range

for Week

Sale Price

STOCX3

of Prices

Shares

Par

Abbott Laboratories
Acme Steel

Admiral

Co.

3

.

...

.

Aluminum

Aetna Ball

& Roller Bearing

Brass

Allied

s

Laboratories

(Un)

American Airlines

American

Investment

American

Rad

American

Tel

Anaconda

38

17%

Jan

39

300

5%

Jan

7%

1.550

6% Mar

7%

12%

1.350

11% May

Jan

12%

Apr

Jan

4

May

3%

350

3 Vs May

4

Jail

38%

1.950

26 Va

Jan

38% May

11%

2,840

9%

Jan

12

Apr

21%

21%

Apr

22% Mar

16

16%

1,935

13 Va

Jan

2.100

146%

Jan

16 Va May
161% May

16 V«

161%

33%

50

3

158% 161%
32
33%

21%

1

415

20

27% Mar

33% May

700

27%

Jan

38 % May

6,400

7%

Jan

10%

2.700

(Un)

_ru

37

36%

37

_5

10%

10

10%

1
1

1%

1%

1%

300

25%

25%

25 Va

850

26%

26

26 Vs

480

Manufacturing Co
& Refining Co com.

Ashland Oil

$1.20
Atch

conv

pfd

Topeka

Sanca

6c

Fe

•
100

(Un>

5 Va

\

Automatic Washer

6

1%

1 %

3

8

7%

Tel

Illinois

Iowa

Corp

Aviation

Bendix

Jim

Feb

4%

Jan

1 Vs

May

2%

Jan

5%

Jan

9Va

Apr

Katz

Co

&

16%

400

11%

Jan

17% May

35%

Jan

47%

McKee

1.000

1%

Apr

5%

2,000

4%

Jan

Apr

1% Mar

37

820

30%

13%

350

12

Jan

13% Mar

Middle

420

14

Feb

16% May

Middle

West

38%

Apr

&

Brach
Brown

Sons

&

49 %

Bigelow

14%

Feb

65% May

100

12%

...15

r

Feb

55%

12%

%

>39%

39%

V 144

1

"I Erown Shoe Co Inc.

12%

725

49 Vs

*

J)

(E

1,950

14%

—

11 u

49 Vs May

Budd

Co

(Un)

Burkhart

(F)

Manufacturing

Burton-Dixie

| Butler Bros

16

31%

17%

8
12 %

Corp

common

31%
20

2,815
50

100

9%

11%

3,400

15%

11V4

10

.

17%

20

♦

Feb

13% Mar
Jan

40

15%

445

17% May

Mar

14

.I

Pacific

(Un)

23

Carr-Consol Biscuit

1

j Centlivre Brewing Corp

29

Jan

34

Feb

16%

Jan

20

Apr

11%

Jan

14% Mar

16%

Apr

9

2%

1

3

1,300

2% May

3%

4

500

3% Mar

5

7
*
1

Convertible

f Certain-teed

class

G)

(Un)

Cherry Burrell Corp

*

Inc—

™5

—l1

Hart vtc common-

Miller &

Minneapolis Brewing
Portland

Missouri

Modine Mfg

New

Nash-Kelvlnator

Jan

Tile

National

Cities

Service

Co

Rights

.City

York

New

Central

RR

2%

Jan

Northern States Power

Jan

May
18% May
11%

Jan

Oak

30%

9% Mar
27 Vs

Northwest

Jan

21

Apr

Cleveland

Iron

Cliffs

13Vs

Jan

17% Mar

ll»/4

Apr

17

Cleveland
Clinton

Graphite

__

.

8

Foods

Coleman

Inc

(The)

Columbia

Gas

System

(Un)

Commonwealth Edison

Consolidated

Vultee

Co

Preferred

Apr

46
100

Apr

70

1,200

63

Jan

80 Vs

521

1%

43,600

71% May

Feb

80 Vs May

1% May

Feb

Consumers Power

...

.Continental Motors

Crane

Co

...

(Uii)

18%

2%

(Un)

34

—

5%

5,100

14

Apr

16 Vs May

Pen

1,050

73Va

Jan

80

231

43%

155

Co

Motor Car

6 %

Dodge

Mfg

Corp____

37% Mar

Potter
Pressed

May

14%

13%

14%

1,412

11%

Feb

14% May

32%

31%

32%

4,300

29%

Jan

33 Va Mar

Pure

16

16

35

25

4

34%

36

38

34%

>

Doehler-Jarvis Corp

■!*

5

Domestic

A

7Vs

27%
9

35

7%
23

9%

204

12 Vs Mar

Jan

25

May

25%

Jan

36

May

34% May
6% Jan

35

760

25% Mar

30

7%

May

7%

Jan

8

8%

1,100

7%

7%

5

Credit Corp class A
Dow Chemical Co

8

1,100

9%

5% Mar

33%

j

Du Pont (E I) de Nemours (Un)

Steel

Oil

Co

Car

Service

Co

Eastman Kodak

Eaton

-

(Un)

Rath

34%

Jan

Corp
(Un)

(Ind)

Elder

Manufacturing

Electric

30

30%

150

28%

Jan

30% May

58 %

346

53%

Apr

58% May

20%

650

11%

Feb

22%

11%

1,620
5,215

5

Remington

Rand

11% May

16% Mar

21 % May

300

24%

Jan

29% May

900

3%

Feb

5

May

Jan

15

Apr

14%

900

15%

550

12% Mar

16 % May

1,150

24 Vs

Jan

36

960

18%

Jan

32%

32%

17

17

17

16 Va

16%

16%
5

3%
10

6,000
950
5

3,350
700

4

9%

900

10

3%

1,545

Jan

Apr

Republic Steel Corp
Rexall Drug
(Un)

8% May
8%

Jan

33%

16

Jan

17

10%

Jan

18%

2 Vt Mar

Jan

%

Flour

Brewing Corp

Mills

Four-Wheel

of

Rlchman

Corp

Bros

17%

...

Jan

11

Feb

Feb

21V2

Jan

1,400

5%

Apr

7 Vs Mar

860

15 Vs

Apr

18 Vs May

100

15

Feb

Louis

Car

1,015

61

Jan

77% May

St

Louis

2,130
277

127%

Apr

138%

Feb

1,600

8%

Jan

12

Mar

6%

Jan

10%

11%

9%

9%

150

9V»

535
300

16 % May

7ys Mar

211

43 Vs Mar

33 Vs

33%

100

29

Feb

35

May

86

86

100

78% Mar

90

\

,

5%

preferred series A
General Motors Corp

16%

48

17

Jan

Schwitzer

102% 102 %

15

16% May
92% Jan

Apr

Sears

48%

102%

Apr

17%

17%

60

17% May

22

Jan

10%

10%

10%

750

10

May

12

30

35%

5%

5%

5%

300

5

Apr

48%

49 V8

35

46

Jan

52% Mar

49>/2

50 %

1.402

41%

Jan;

7%

7%

450

50% May
7% May

8%

8%

50

6% May
8% Feb

80%

86%

3,800

68% Jan

10

86%

20%

7%

32%

35%

1,369

26%

Feb

35% May

12%

Jan

23%

Apr

7%

Apr

9%

Feb

20%

9,000

7%

7%

100

25%

26%

85

304

193i

12%

12%

34

32%

34

7%

43 Va

26

28

12

14% Mar

23%

5%

Mar

Jan

.

General
Gibson

5%

Jan

8% Mar
87

May

Utilities

5

17%

16%

17%

645

16%

Jan

18%

1

8%

8%

8%

1.000

7 Vs

Apr

10 V8

Feb

39%

40 Vs

655

33%

Jan

30

30%

452

24%

Jan

Gillette

Safety

Glidden

Co

Razor

•

(Un)

•

Goodyear Tire 6c Rubber Co

{ Gossard Co

•

(W H)

For footnotes

see

•

page




43.

30

52%

May

7% May
47 V» May

500

41

44%

800

43% Mar

46 Vs

24%

Apr

Jan

26

200

23

23

100

23

May

42

43%

62

40

Jan

46%

5%

1,500

Jan

6%

5%

4%

New

Socony
South

32

33%

800

26 % Mar

33% May

32%

30%

32%

910

29% Mar

34%

Jan

1

10

10

10

400

10

Apr

12

Jan

*

_

44%

44%

45 Vs

41%

Jan

45 Vs

Apr

17

11

30%

31%

10

—

1,590
50

15

May

17 Va May

Jan

15%

1,350

12 Vs

Jan

31% May
15% May

27%

3,100

22

Jan

27% May

18%

18 V4

19

6,300

16

Feb

19

May

17%

17%

250

15%

Jan

18

Mar

12%

12%

2,600

23

23

23%

55 Va

Woxxa.

53%
HV4

_5

—

Indiana

15%

26%

12%

(Un)_

.13

Vacuum Oil
Lathe

15%

2734

30%

Corp

Steel Strapping.
Oil Corp—

Co

Southern

Gas

&

Elec.

Pacific Co.

400

23

May

23 Vs May

55 Vs

550

51% Mar

55 Vs May

11%

2,000

8% Mar

48%

47%

48%

75

72%

75

51%

52%

.535

44%

Jan

54 V8

Apr

10%

10%

350

10 %

Apr

13%

Feb

Standard

(N

J)

(Un).

2%

26 V2

13% Mar

31% May

3

1,750

12% May

Spiegel Inc
Standard Dredging common.
Standard Oil of IndianaOn

Jan

33%

IIV4

Prod

Southem

Apr

•

Cummins

Bend

Mar

•
1%

common

Slgnode
Sinclair

24

5%

Roebuck & Co

Shellmar

26% Mar

26

40 Vs Mav
v.

34

Feb

Feb

5,100

Feb

Refrigerator Co

Public

.

Apr

7%
47 Vt

7V«
46

44 %

3,800

25% May

*

Service A com

Sangamo Electric Co
Schenley Industries (Un)

Southern
•

Apr

29

Mar

10

10

Apr

9% May

Jan

Jan

16%

7%

9%

27

28%

12%

_

Co

Public

47%

50

18 V* Mar

—10

delivered

When

46%

I

common.,

May

17%

7%

10

National Stockyards

•

Finance Corp

16

16

16%

•

St

77%

General

Jan

Apr

9

St Joseph Light 6c Power

73%

General Electric Co (Un)

4%

3%

18%

17%

•

5

General American Transportation____5

;

Feb

134% 135%

•

(Un)

36%

_5

Inc

Auto.

Apr

May

16

9%

Co

5% May
70% May

1

America

Drive

36

Apr

17%

Securities Investm't Co of St Louis—
Palstaff

6%
35 y8

7%

46%

Jan

102%

Apr

May

555

•
2%

(Un)

Jan

•

Mar

13

25%

Apr

Feb

Oil

Apr

16%

May
21% Mar

11% May

20%

19'/a

50c

3%

..7.50

Apr

10% May

14%

32%

•

(Un)

54%

75

Apr

May

11%

12

1
.

32%

»

....

Controller & Mfg

19%
26

20%

*

311

5

Jan

Jan
Jan

36

1
1

com

1,100

4%

May

17%

Apr

a

Co..:
Eddy Paper Corp (The)...

7

22 Vs

20%

10%

.

Packing

_10

Manufacturing

Apr

15

14%

16%

Corp of America (Un)
Radio-Keith-Orpheum
(Un)

St Louis
j

55/s

100

4%

33%c

70%

4%

29

19%

10

69 %

1

...

750

17% May

17

1.050

350

Apr
2% Mar

Jan

24%

50
100

15

f

20 Vs

Jan

450

11%

25

(The)

Co

Public

__10

___

Apr

2%
23

13%

34%

(Un)_2%

Pepsi-Cola Co (Un)

Richfield

Detroit & Cleveland Nav (Un )

,

Feb

26

—5

Apr

26

/'

350

11 Va

18%

1

Apr

Apr

9%

6 %

6%

11%

•

29

Jan

Jan

25

(Un)
(Un)

Switch class

Elec

20%

28

2.100

29

4%

47%

26% May

Feb

7

Jan

18%

413

2%

2%

36

1

Pennsylvania RR
Peoples Gas Light 6c Coke

May

32%

\

...

9%

•

prior preferred

50

25

.

Curtiss-Wright Corp (Un)

5% May

500

•

(Minn)

Peabody Coal Co common

715

7%

Jan

54% Mar

Mar

25%

,1

Feb

31

700

19%

13%

23

1

20
10

American World Airways

34%

*

,

27%

Apr

6%

29%

__2%

Paramount Pictures

16%

27%

Apr

Jan

10%

21%

Co

Packard

80

46%

4%

Jan

23%

Jan

Jan

1% May

Jan

54

36 Va May

49Va

26% Mar

40%

32

8V4 Mar

23

1,100

34%

—-

25

150

1,219

25%

50

—

950

53

May

34%

25%

■

25%
23

36

36

91

26%

—

300

53

3% May

1,350

24%

Feb

44

50

4%
36 %

4%
36

Jan

34%

34%

(Un)—1

46 Vs

46 %

4 Va

7%

33%

23

Aircraft

1,600

34%

45

46%

common

Jan

8 %

8

28%

Radio
Consumers

Apr

16%

36

•

j

13%

Jan

*

15

5

Inc.

Jan

14

50

20

Bancorporation

Mfg

l

_

Co

Feb

10%

16%

—

Warrants

14%

27%

6%

300

16%

21%

*

Bush Shoe Co

Nunn

79%

I

100

1,450

13

8

100

67%

Feb

7%

7

12%

(Un)

97

240

2%

15 Va

15%

Jan

Co

42%

33

May

15% May
7% Jan

13 Vs

Edison

Jan

1%

*

Bronze (Un)

2Vs May

200

Oil

Jan

7%

63%

16

2 %

2 %

—

Ohio

12%

450

33

Jan

10

1,300
7,400

Ohio

497

9%

96%

•

7% Mar

510

16

Apr

14%

75

1

common

$4.50 preferred ...
Electric Illuminating

Cleveland

3Vi May
I8V4 Mar

3

9% May

%

42

•

3%

Apr

16% May

100
523

32

9%

14

1%

Corp

3%
17

10%

(Un)

Aviation

Vs Mar
Jan

...

Products

23% Mar

17

1

100

15%

10

30% Mar

Apr

11%

Mfg

2%

19%

70

Apr

21 %

5
10

(Un)

Corp

&

Co

500

2%

27

Mar

Pan

Chrysler Corp

1,200
1,100

-50c

Car

300

Jan

Apr

58

common

American

2

46%
16

15

50c

Muter Co

American

18%

—

Mar

15 %

30 %

—

American

21

14%

45 % May

12

28%

7%

8

-25

Cement
—

North

18%

1

Mar

1,256

16

—i

Co

North

20 Va

Chicago Mil St Paul & Pac vtc
*
Chicago Rock Island & Pacificc RE-.*
Chicago Towel Co common
•

41% May
29% May

15%

*

Piping & Supply

Feb

150

Jan
Mar

22 %

16%

53

Products-

Utilities

16% Mar

2,170

33% May

3 %

—

B_.

Corp

38%

9%

33

276

14%

Food

Mickelberry's

Jan

29%

160

39

6

Jan

9%

45 %

9%

14 Vs

28

37%
26

9%

35%

—

29

1,625
1,900

6%

141

21

25

41%

29%

1

2%

5

Chesapeake & Ohio (Un)
Chicago Corp common.

8% May

33% Mar

4

4,652

"2"%

1

Jan

Jan

23

*

Cement

36%

*

preferred
Products

4%
28 Va

25%

1

Co

&

15%

1

I Central 111 Secur Corp common

500
595

27%

10

.

—*

36%

•

3%

32%

22 Vs

5

.14%

15%

3

Apr

Va

13%

4

Co

North

Central & South West Corp

:

■f, Central Illinois Light

17

May

3%

3

50c

41% May

Jan

33%

28%

*
*

National Standard
Canadian

;

15% May

Jan

14

43%
14%

Montgomery Ward & Co.
i

Jan

34%

Apr

Apr

57

11% Apr
36% Mar

10%

Va

Brick

South

16%

65

27%

50

,

28% May

Feb

6y2

15%

62%

Jan

Apr

100

41

75

(Un)

Electric

&

Portland

13%

14%

Jan

28%

33 %c

(Arthur

Medusa

35%

14%

7Va

4%

8

41%

*

Co

Field

Marshall

1,345

1%

65

pref

——

Gas

16%

5

Jan

32

32%

*

McNeil & Libby
Lindsay Light & Chem common
Lonergan Mfg class B

13%

10

May

1%

450

400

*

common

2%

Corp...

(George W)

38

26% Mar

43

3%

1,600

7.50

Llbby

Midwest

Eorg

6% Mar

50

38

3%

14%

•

Sessions

&

1
•
l

I Borg-Warner Corp

600

41%

Co (Un)

Gas

45%

Jan

7%

25% May
24% Apr

Feb

37%

*

37 s

•

Kropp Forge Co

5

5%

Jan

Feb

May

Electric—

6c

Gas

Metropolitan

Berghoff Brewing Corp
Bethlehem Steel Corp
(Un)
Binks Mfg Co„__;
Bliss & Laughlin Inc.

Jan

21%

14%

(Un)

Co

Drug

1%

—

22 Vt

24%

11

May

6% Mar

Jan

200

24

40%

Kelley Island Lime 6c Transport
Kellogg Switchboard common

16%

PI

(Un)

33%

359

1,200

24%

33

38

•

Power 6c Light

Kansas

Leath

103%

150

31%

10% May
11% Jan

24

•

Tel

6c

Stores

Brown

44%

45%

3

.

Benquet Cons Mining Co

36%

36

•
10

-

Jan

150

3,550

14%

delivered

When

Louisville

Bastian-BIessing Co
Belden Mfg Co

26%

11

Power & Light—

26 Vs May

114

27 %

41%

delivered

When

Iowa

Lamson

300

8%

Mfg

—

10% Mar

14%

Shoe Co

Laclede

4,000

1%

Avco

—

Apr

23%

1

(Un)

Paper

International

Apr

1%

150

5%

Athey Products Corp

10

28%

Light

6c

International

25% May

Jan

1,100

Jan

Apr

280

112% 114

-

1 Vs

24% May
25% May

10%

7%

•

Laclede-Christy
Asbestos

Jan

Jan

100

11%

12%

14 Vs

Harvester

International

Apr

28%

Tool

Pneumatic
Power

International

Apr

6%

4

36

11%

100

(Urn

2,700

6%

Jan

3%

3%

i
•

(Un)—.*

San

33%

(111).*.

Co

Co

&

(111)
Co__

Mining

Copper

Armco Steel

Armour

Tel

23% May

4

1

Stand

&

&

54%

Jan

11%

50c

(Un)

Apr

19%

7

1

Mfg

Alleghany Corp

7

•

Affiliated Gas Equipment common
Akron

44%

415

6%

—

2,100

23%

11

14%

Steel

Inland

High

48

31%

33%

3

Castings..

Low

High

300

23%

10

Indiana Steel Products

23 Vs

Jan

11 %

•

RR

Central

Indianapolis

16

100

Co

Independent
Range Since January 1

47%
.

1

Corp

Advanced

Low

47%

10

-

Illinois

Sales

Friday

Brick

Illinois

Apr

10

Huttig Sash & Door (new) common

Midwest Stock

24%

14%

10%

23%

10
1

Co

common

350

27%

10%

llVi

10

_.

1

Instrument

Heillman

2

Brewery

Co

Harnischfeger
MINNEAPOLIS

(Un)

Greyhound

Feb

10% May

3

11% May

3%

Jan

600

2%

Feb

1.544

42%

Jan

48% May

641

66%

Jan

75

May

Volume 171

Number 4909

.

.

The Commercial and Financial Chronicle

.

(2129)

RANGE

Friday
STOCKS

Week's

Range

Oil

Steel

Sterling

Shares

Container

Studebaker
Sunbeam

Sundstrand

Swift

&

ttwift

Texas

.

c#

Corp

S

White

St

$4.25

44

Apr

Air

69% Mar

Jan

10%

Jan

34

Jan

37% Mar

13% May

14Va

300

9%

Jan

67%

6°%

698

59%

Jan

13 %

13%

16%

17

360

14%

Apr

17

35

1,600

29%

Jan

35

19%

19%

100

16%

Jan

20%

49%

50

70

49%

Jan

50%

50%

•

50

50%

-it)

(Un).

16%

Electric

Corp

—

9

common

_

*

—.1

.

Co

12%

17%

Apr

23 %

Radiator

&

Light

Stan

&

San

(Un)

Tel

Tel

Co

Mar

52%

Jan

33 'A
23%

32%

231

28V4 Mar

38%

Apr

23%

33'A
23%

398

22%

Apr

25

Jan

3

3

300

2%

Apr

11%

11%

2.055

»%

Jan

3%

3%

100

2%

Jan

al5

al5

25

161/4 May

181/2

a21% a21%

70

20%

Apr
Jan

21% May

HV2

*
*

(Un)___.

Smelting & Refining
&

47

20

(Un)

Foreign Pr corh (Un)

Power

185

__1

(Un)

Factors Ltd

33 %

5,900

25%

Jan

33'A

90

13%

Apr

35 Ve

1.790

30%

Jan

35'%

20

240

15%

Jan

20

16%

100

Arkansas

Atchison

82%

Feb

91'% May
6% May

12%

5% Mar

11'%

353

Jan

14%

Ohio

&

Oil

Co

Bendix

Jan

80% May

23

Feb

32

32 %

33%

1.210

28

Mar

37%

37 Va

376

34

Jan

38 Vo

Jan

Home

Bethlehem

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Week'#

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100

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a

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Apr
Jan

Jan

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Mar

131/4

Feb

Jan

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41/2

Feb

71/2 May

47%

Feb

35%

25

33V3C

9 Ve

10%

80

al5%

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5

5%

Jan

'551/2 May
47% Apr

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(Un)

37

37

518

11%

12%

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2.70

2.65

2.85

2,023

29%

29%

221

24%

Jan

31

83

49 Ve

Jan

51% Mar

58

Feb

65

5

(Un)

STOCKS

,

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37

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Feb

25

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com

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24

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164

21

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23

13

Mar

17

Jan

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39

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Blair

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69%

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Jan

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Jan

56

282

1

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13

10

11%

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161% May

305

(Un)__*

Engine

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Jan

25

5

Diesel

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146%

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80%

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Big

255

2.184

13%
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25

(Un)___5

common

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20

(111)

Atok

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Co

Top & Santa Fe

Corp

Atlas

May

Feb

&

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55%

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£

79 Va

50

A

Jan

16%

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161%

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*

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14

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com

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15'% May

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Corp

Copper Mining (Un)
Anglo Calif Natl Bank

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100

400

Woolen Co

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12

16%

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•

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American

Apr

13%

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•

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Jan

12

5

___

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400

6 %

__

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28%

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..

__

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19 %

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1

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100

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to CO

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—

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-

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50

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10

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50% May
17% May

16%

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.

1

-

42'/a Mar

2,660

31%

4

7

-

Feb

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1

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&

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Jan

11%

200

Lew

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50

_

Gold

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May

5

_

Juneau

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May

33 %

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1
*

(Un)

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69% May
14% Feb

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15% Mar

69%

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1,042

9

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5

common

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Alaska

35 Va May

2.930

•
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Machine

13 %

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37'%

•

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950

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13%

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13%

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35 Va

55%
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without

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Range

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24 % May

May

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United Light & Rys Co ex rights.
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U

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com

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MAY

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Aluminum

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WEEK

FOR

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OTHER

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Byron Jackson

Co

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17%

16%

17%

336

12%

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68 %

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1,303

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25

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115

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Independent Exploration —-——33 %c
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Pittsburgh Stock Exchange
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.

35V4

Jan

Class B common

Electric

■>£

Apr

63 Ve

Aircraft

Curtlss-Wright Corp

Apr

El

<

29%

Corp

Publishing Co

Eastman

"fV

185
825

a29 % a31%

-

5S. serjes : A™~——

t '

Jan

Preferred

Doernbecher

mnd»>

Jan

Feb

■

Apr
.21%-.Mar

Apr

30%

'

7%

a35% a35%

common

|j

2.60 May,

79

ZeHerbach Corp common..

Crown

May

29 %

Apr

30

—-20

99

351/2 May

Jan

1,087

,_•

I

-1
' i

41% May

Jan
Mar

1.40

28%

—,

America

30

'

63% May

590

*

of

44% May

204

28%

66%

130

4 Va

27 Va

27%

Apr

Motors

32%

a9Vi

(Un)_a

Gas .Co

Vultee

Apr

28 V»

Grocers

Consolidated

16%

a9%

Feb

25%

;

14% Mar

4,600

—_—2%
(Un)—

Industries

Feb

130

2.50

class -A__2%

System com
Edison

531/2

28%

Edison Co of N Y (Un)..*

Cons-

2.40

._*

_

Solvents

)

Jan

'

_20

Sys

Feb

a9%

a—a

;

40% May

25

common

a-,

_.rV,

:

Apr ; V

] .50

May

982

41%

a35% a36Va
2.40

.10

„_

Broadcast

B

39 %

41%

1

Consolidated

Apr

24%

•

common.

Corp

United

.279

5%-May

(Un)____*

com

Consolidated* Coppermlnes

26% Mar

4G %

24%

common.

Co^.

al5J/4 al5%

3%

Iron

!

Coris :Chemical

27% May

2f%

AG5/.-

Sharp & Dohme Inc common
Sun

53

Consolidated

3

*•

Paper

2

•

(Un).

&

Commonwealth

49% May
39% Jan

Feb

•
_•

Reading Co
Scott

a53 Va a53Va

America

CO.'

Creameries

$1.46dlv

34 V2

•—

Commercial

26% May

16%

PubliCSeWice H A G## common
1

777

..100

Co

Chemical

Columbia

12 Va May

2G'/e

160

—;

—,

40%

40%

.-25

Preferred

87% May
8% Jan

% Mar

187

%

Jan

-l

Philadelphia Electric common'
$1 div preference common—.
Phileo

of

Mining Co
Ohio Ry (Un)_

jUn)

Service

Clorox

Jan

Columbia

Corp ■
;
Pennsylvania Power It Light
Pennsylvania • RR :
Pennsylvania Salt Mfg common..
Pennsylvania Water is: Power Co.

40 %

25
10*

Rights

68% Mar

182'/a

68%

132

15%

*

— —

*

:

Pennroad

P5c

'

*

f Chrysler Corp

24'A Mar

Jan

180

3,666

%

—1

Light

CorpEureka

Colorado

86%

10

(Glenn L)__—;.

400

50

Ry (Un)
Tractor common

Chic Milw St Paul RR

,

'

Martin

National

50

1.15

common
*——

Chesapeake &

Jan

21%

66

38%

8

220

180

—:

Motor* Corp. —i.

6 V. Mar

3,836

66%

10
100

—

Celanese
Central

640

5%

95c

*

71% May

G'%

Corp

Pacific

Caterpillar

17% May

69'%
_

Finance rCo
General

115

Canadian

'

*

Co

Chemical

Davison

177

9%

Packing

15

5Va

—

*

Preferred

Feb

•

Publishing

Delaware

1'%

9%

13%

i4%

15

*

Co

Tile class A

B

California

17'A Mar

2%

Chrysler Corp
Curtis

9% May

1%

.

575

Class

161% May

14% May

10%

Cement
Art

34% Mar

Jan

360

9%

9%

♦

Company

146%

2,840

16'/a

Calaveras
California

High

29% May

15%

III100

preferred

210

158'% 161%

16

13

Baltimore Transit Co common...
Budd

161%

Low

30%

29%

100

Arundel Corporation

Range 8lnee January 1

High

,

9%

10%

r

'

■">

11,245

28

320

-14
j

12%

27 Va

11%

14

325

28C

200

28c

51

365

46'A

28C;
51

Jan

25 Ve Mar

9%

Jan

May
Jan

12% M^y

t
f

29

Jan

1

16

Apr

36C

Feb

51

May

»

■

J

38

(2130)

The Commercial and Financial
Chronicle

.

.

Monday, May 22, 1950

.

OTHER STOCK EXCHANGES
RANGE

Friday
STOCKS

Week'i

Kaiser-Frazer Corp
Kansas

Power

Kennecott

Kern

&

Light

(Un)
tun)

•

Salt

al6%

5

Co

32%

7

Inc

Magna vox
Marine

Co

Matson

Meier

&

(Un)

Prank

Co

Co

&

M

Inc

(Un)

&

M

Inc

i

Corp

National

Distillers
Linen

(Un)

Y

Niagara

RR

Mohawk

North

2.35

19%

North

Occidental
Ohio

Oil

Edison

20%
21

a—

18c

May
Feb

26c

Mar

19c

21% Mar

—

..

.

Mar

53%

Apr

58%

24

Jan

28

21%

770

17%

Jan

21% May

21%

1,070

16%

Jan

22

22%

749

8%

350

21% May
7% Jan

Feb

Rheem

S

24%

10

630

9%

Apr

577

11%

Jan

15

Shell

Sinclair

Pacific
Pacific

Gas

Socony-Vacuum
Soundview
Pulp
Southern

1st

(Un)

4.80%

1st

red

35%

Jan

Jan

53% Mar

Spiegel Inc

Jan

22%

Standard Brands Inc
Standard

3.00

Apr

35% May
13% Jan

27

Jan

412

11

May

Public

Studebaker
Swilt

8 %

210

8%

Jan

9%

Feb

3,825

3%

Apr

5%

Feb

100

22

34%

9,418

37%

37%

37%

1,180

series

Cement

Jan

*

Texas Company (Un)
Ti(le Water Associated Oil

Transttjpierica Corp

31% Mar

34%

Jan

Union

Carbide

35

Jan

37% May

Union

Oil

Union

31%

Jan

34

29%

Jan

A—25

31% May
29% May

United Aircraft Corp

Jan

29%

29%

875

Jan

29% May

United

Air

United

Corp of Delaware
Gas

Tel

Pacific

Western Oil Corp

common

World

28%

28%

1,327

28% May

28% May

53%

951

52% Feb

55%

106 %

106%

15%

15%

15

15

24%

23%

24%

30

52%

2,790
.

14

25%

Feb

109% 111%

508

101

a43%

a46

102

a__

3%

4

661

—

3%

4%

Apr

Jan

464

9%

Jan

10%

Feb

21

70

17%

541

33 %c

10%

25

a51%

l0'/4

S

Steel

Lines

260

18%

Corp

Corp

Preferred

Feb

21%
2%

Apr

18% Mar

conv prior pfd
Puget Sound Pulp & Timber (Un)

45% Mar

50%

260

58

67

5%

5%

360

4%

Apr

Coast

Western

•

5%

16%

17%

830

14%

Feb

18%

Apr

May

CANADIAN
RANGE

Montreal Slock

(Un)__
_

23%

FOR

Sale Price
Par

Abitibi

Power

$1.50

&

Paper

common

•

preferred

5%

Westinghouse
Woolworth

LISTED
WEEK

pfd

.

Corp
Anglo Canadian Tel Co
4%%
Argus Corp Ltd common
Assoc

f

Tel

Bathurst
Bell

&

pfd

Bralorne

Mines

Bank

British

American Oil
Preferred

(F

MAY

Columbia

Columbia

Forest

Columbia

Power

Co

29'%

1,608

40%

29%

RR

Elec

40%

41
a8.15

(Un)

8,211

14%

143/4

55

25%

26%

26%

__

;

3.85

3.95

.100

(Un)

mmmmmmX

(Un)_

Dredging




5

page

43.

14%
25%
26

Jan
Jan

•

100

2%

1

Jan

47%

46%

8% Mar
29% May

29% May

Ltd

66 %

Jan

73 %

Apr
May

26 %

Jan

35

37

May

70

68%

68%

178

29

26%

29

18%

18%

19

50%

50%

1,035

42% Mar

26

26 %

2,725

13%

13%

a3G%

--

Canadian

to C!

Class

4%%

is

7

255

6%

Feb

35 %

35%

410

30%

Jan

8.00

8.25

800

8.00

Apr

Jan

Jan

68 %

2,529

23

Jan

29

9,349

14%

Jan

May
May
May

•

292
365

25%

17

262

334

4

1,585

17%

130

19

50% May
27% Mar

24% May
13% Jan

*

30*'

H

31

17

—

14 %

Feb

Jan

31

May

13%

Jan

17 %

May

3%

Jan

4% Mar

17%

Feb

19% Mar

'

_

_

—

18
18

a

31%

18

100

3%

—

17% May

23%

Jan

18%

100

20%

Feb

33%

a

20%

Feb

2,262

26%

Jan

33%

Apr

41

Feb

581

Apr

a40 7,. a4o%'

a101'

a'07'

a280

a280

3%

1

202

2.70

Feb

3.75

Apr

Apr

101% May

4.15

Apr

19% Mar
8.

Mar

Feb

Jan

90c

Jan

1.25 Mar

Feb

7% Mar

1,268

5%

14 %

14%

500

12%

Apr

14% May

18

18%

1.079

16%

Feb

33%

33%

100

30 %

Jan

a69% a69%

18% May
3378 May

10

a28% a30%

208

20

34%

904

31%

Jan

a47% a48%
4%
4%

35% May

305

48%

Jan

50%

100

3%

Apr

--

—

a30

34%
.

_

.

—

Week's

a

—

—

Mar

a

__

28%

Apr
Apr

5

Jan

for Week

Shares

Low

Range Since January 1

High

Low

7

7

40

35%

37

2,771

May
34

Jan

High
7% Mar
38%

Jan

29 "4

29%

3,130

29

Jan

29%

Jan

21%

22

500

19

Jan

100

100

23%

Jan

100

250

100

Jan

20%

20 %

296

39 %

39%

13S

22%

22"%

3,864

23%

23%

200

_*

18%

14

Jan

34

Jan

100

Jan

22% May
41% Mar

21% Mar

23 V*

23

25

Feb

Jan

May

18%

50

11%

11%

11%

1,915

11

Feb

14 7 s

12% Mar

14%

15%

415

14

Jan

•

common

40

15% May

Jan

40 %

May

40

Mar

18

Apr

20%

Jan

40%

6,644

39%

39%

470

37%

23

23%

555

22

46

May

45

46

45

45

Jan

*

33

31.

33

85

31

May

36%

Jan

•

common

39%

25

25

10%

10%

10%

180

Jan

12%

Apr

1018

*

Invest

Alcohol class A.-

•

Oil

10%

28%

8%

Jan

24%

Jan

46

Jan

10%

300

Jan

12

•

27

27

28

505

22% Mar

31

,*

Companies

redeemable
Pacific

preferred

16%

16%

May

17

210

15%

18

Mar

7c

15c

5,179

„

103

103

10

25

18

17%

18%

7,239

•

16%

16%

•

104

___*

26

s;

Mining

&

Smelting

&

Seal

Co

Distillers Seagrams
Dominion Bridge

*

•
.

Coal

May

Dominion

9.75 Mar

Dominion

Dairies

5%

preferred

sj

8%

5c

*

100

Railway...

_

Glass

Cork

Dominion

Sales

Range
of Prices

•

6% preferred
Corset Co

36

300

275%

284

6

Jan

18%

22%

Locomotive

Consumers
Crown

1

95c

16

291 'a

Rights
5%

a280

12% Mar

7c

Canadian

15%

50

5%

__

common

common

Foreign

Canadian

Apr

a! ">,»*.

94c

.

17

225

104 105%

2,101

Feb

May

103

May
16% Mar

15%

Jan

91% Mar

20c

1

Apr

Apr

103

May

19

Apr

17%

Apr

105% May

26

26

115

22%

Jan

26

Apr

a38

a38

10

31%

Jan

38

Apr

Feb

27

May

18

Feb

59%

21%

pfd——100

B

Feb

30

II

36%

17%

..

50

Cottons

Canadian

Apr

Apr

Jan

36 % May

10

preferred

9.80

4

Jan

a

20

common

series

41'A
23%

Jan

2%

11% May

20

Canadian

27%

1

42%

36%

•

——...

Celanese

Cockshutt Plow

461

-

May

133

>

7

Canadian Car & Foundry common....•

Jan

2,370

8.00

69 %

274

a

Canadian

Jan

30

17

237« Mar

Jan

Last

Canadian Canners Ltd common..

27 V2

a4.00

25

Jan

61

1.108

Jan

27%

29%

18

Canadian Bronze

Jan

Jari

21%

35

12%
—10

Breweries

Consolidated

20

5,005

Jan

73 %

100

Foundries

Mar

a3.75

1"
•

Feb

8.40 May

Jan

9%

33%

(Un)—

Steamship

$1.75

Jan

26%

255

34

5

_50c

preferred

$1.00

30

:

-IIU

.

Jan

a4.00

.*

E

101 % 101%

5%

Canadian

Jan

39%

730

3.90

9

17%

Feb

Canada

9

,19

3,070

26%

Corp cl A__*

Building Products

see

6,865

26%

pfd__100
Products....*

104%

Apr

Mar

25

20

11%

May

73%

5

m

common

preferred

Canadian Ind

25

22%

25%

4%%

'25%

Cement

a__

3,625

22%

__

33% May
24% May

27

Jan

29% May

May

50%

19

Iron

67

24 %

55 %

490

a29

35

&49%

(Unl

_

Safeway

Feb

Jan

Jan

55%

a48

-10

common

Canada

Jan

7

13% Mar

a47%

33%

common

W')

Canada

Apr
May

6% Apr
45% Mar

30

a8.15

22%

•

footnotes

75

•

B

For

29%

*

Bruck Mills Ltd class A

Gold

29%

28%

High

26

875

29%

Jan

36

309

1

Dry Dock Co Ltd class A—*

$1.30

52%

80

8%

__25

British

Class

6%
46'A

8

*

common

British

Bulolo

6%

•

Jan

36% Mar

Apr
Jan

2,346

•

Class A

46%

a62 a63%

8%

,

325

a62

Apr

13%

1,255

26%

8

Power...*

Note

British

Class

&

66%

26%

1)1

—

Light

65%

46%

25

Ltd

Traction

4,160

•

....

American

17

Jan

23% May
102

2,925

16%

26%

•

Power & Paper claw A

Brazilian
British

8%"

16%

50

Teleg class A pfd__

Telephone

8 %

*

Asbestos Corp

5

Jan

22%

300

65 %

25

21 %

18,911

25
al04

8%

•

Aluminum Co of Canada 4%

24%

24 %

•

Amalgamated Electric

23%

Range Since January 1

28,548

Jan

35%
11%

MARKETS

ENDED

Canada

Low

33%

33%

12

(Un)_l

Telegraph (Un)
Elec Corp
(Un)

Yellow Cab Co

Burrard

High

al04

__

*

-

Algoma Steel
Aluminium Ltd

;

24%

100

Shoe

28%

•

preferred

Agnew-Surpass

32%

20

Acadia-Atlantic Sugar class A

Low

69
722

23%

Friday

Shares

36
36

12%

69 %

4

Sale Price

for Week

of Prices

Mar

23%

10

STOCKS—

Sales

Range

Apr

29

67 3 4

68 3

1

_

__

Oil

Insur

•

Week'a

28% May

11%

—

Stores.

Union

Exchange

Last

100

May

55

Par

Friday

28 %

28

a29

--

—8

__

Canadian Fundi

STOCKS

327s

55%

J

Life

Dept

Western

Feb

17%

7.50

(Un)

(Un)

Pacilic
Preferred

Jan

67

Feb

30% Mar

Jan

36

•

common

Western

11% Mar

463

67

67

Jan

31%

36

Apr

2% Apr
16% May
8% Jan

XI

a49% a51 %

29%

50

12%

12%

10

_

_

•

Apr

577

Jan

*

—10

Inc.

Consolidated
Utah-Idaho Sugar Co

West

19%
a2%

26%

30%

28%

—28
com

Fargo Bank <te U T__
Westates Petroleum common

Jan

19%

680

30

-

--

-25

Wells

Feb

15%

16%

1,131

28

a3 2 % a 32%

-

35%

1

1,850

a2%

May

?5%

27%

12%

Warner Bros Pictures

9%

1

Pig'n Whistle

36% Mar

1834 May

4

U

16%

1

Phelps Dodge Corp (Un)
Phillips Petroleum Co

34%

35%

111% May
.

16%

16%

50

;

32%

,

Jan

9%

•

May

29% Mar

..25

(Un)

Universal

3%

28

Feb

892

1,515

•

United Par Theaters ctfs of Jnt
Common (Un)
ii—

23% May

1,194

111%

Paramount Pictures
Corj) (Un)
Park Utah Cons Mines
(Un)

106% May
16% Apr

U

a45%

Airways (Un)-.l

v

Jan

•

common

,

16

10

Pennsylvania RR Co (Un)
Pepsi-Cola Co (Un)

Jan,
Mar

Feb

16

18%

32%

Apr

14% Mar

907

100

(Un)

com

May

53%

/'15

•

22

common- —25

28

(Un)__10

295

«

Carbon
Calif

of

325

*

com

28

2

Sugar

&

Co

226

common

26%

.

304

__

May

May

28

_

34

28%

43 %

50

25

29%

•

Jan

May

Feb

a

'

31%

25

9c

45

Jan

1

34

.

Mar

32

—~

(Un)

cap

.N;,;

22% May

28

Feb

7c

18%

(Un)

31 %

*

Paraffine Companies

21

42%

Jan

5%

22

'

Corp

Co

&>

United

Pacific

American

7

5

34%

661

31%

—

Standard Oil Co (Indiana)
Standard Oil Co of N J (Un)

29%

common

Service

Tel

5% Mar

%

5%
22

preferred
&

440

of

...

25

preferred

Motor Co

7

34%

_*

Portland

8

...

25

$4.50 dividend

Packard

6%

5,500

May

34% Mar

395

8c

45

35

Mar

Jan

11%

Jan

18
)%

Calif

35%

Jan

29%

350

..25

(Un)

11

11%

241)

3,005

-

18%

Jan

445

7c

.25

Co.

Co

Feb

13% Apr
36% Mar

13%

50

1

Oil

29%

32
!%

Sperry Corp

86

46c

Apr

44%

•

40

Jan

Jan

27%

34 %

,a43%

May

33 %

44%

5

common

23

47% May.

13%

25

17

Apr

Jan
Feb

43 "2

pld ser A

275

35%

80

25

2,283

1.40

27%

8c

25

95

32

27%

19%

37%

29% Mar

)%

4.88%

53

112

775

34

(Un)—•

com

21%

25

«...

lighting Corp

Pacific

Co

51 %

1,800

1,788

33

B

21%

2.10

47%

25

Jan

1.95

1.834

45

32%

33% May
39 % Mar

IB

preferred

16

98

Jan

•

Preferred 4.56%

Calif Gas

Apr
33% May

Jan

23%

Feb

28%

37% May

418

Feb

5

Col

Convertible preferred
Southern

30%

727
231

33

•

preferred
Convertible preferred 4.48%

Apr

33%

23

--

74

Jan

33%

22%

13:

9%

May

a37 a37%

47

_P10

(Un)
OH (Un)

Edison

141

25

preferred
1st

.T.

a

33%

o

111

a—

33%

__

—

10

cumulative

19%

25

preferred

Inc

Co

Pacific

a34% a34%

24%

(Un)—•

Co_

10

common

preferred..:

red

Calif

4.32 %

6%

2.00

80

*

A

Corp

Southern

5

1st preferred

1st

Oil

Southern

22c

a31 a31%

a31%

15

23% Mar

1,500

59

23

Signal Oil & Gas Co class A.

16% May
19% May

30c

Apr

96

a37%

Co

Jan

15

Aggregates
Finance Corp com

red preferred

Oil

&

Apr

30c

23

Apr

1

class

Mining

Roebuck

10%

•

Coast

5%%

Mauricio

P^ars

22%

95

Jan

7%

*0

Inc

700

5

5%

Stores

853

1

5%

Foods

23%

52 %

Apr

12%

50

59

1

Fine

15%

8

(Un)

Electric

W

Safeway

Jan

14%

1

Co

&

&

15

10

31%

2,991

a7%

59

*

(Un)

Co

Corp
Cement Co

22%

100

Corp

B

Oil

Riverside

8% May
11% Jan

17%

20%

a7%

1

(Un)

ciass

Manufacturing

Richfield

Mar

13%

19

2n%

—

59

Mar

10

common..-100

20%

1

Jan

23

395

22

27% Mar

•

(UnJ

(Un)

Jan

79.5

8%

14%

Corp

1

Sugar Plantation

Pacific

Pan

a57% a58%

*

Can

1st

—

3.25 May

—

15c

205

25

Steel

High

60

a33% a35%

common

Reynolds Tobacco

'

Paauhau

Pacific

May

35

Feb

Low

a37% a37%

a35%

100

•

(Un)

E

Pacific

50

21%

common

Pacific

5%

3,100

1

(Un)

common

America

Incorp

Republic

Range Since January 1

High

•

17% May
16

May

a__

11,200

21%

Co

Ohio Oil Co

6%

19c
17c
a23

•

Cons

Ry

Petroleum

Oil

Class

18c

16c

100

Pacific

Apr

a.—

1.60

158

a23

17c

a23

•

Invest

American

Oceanic

18c

19%

1

Power

Feb
Mar

22

2,040

26 %

(Un)

10%

50

2.60

25

Corp

preferred

Northern

Rayonier

San

a21% a21%

—.

2.40

.5

Products

Aviation

American

6%

of

Com

Low

a37%

(Un)

Roos Bros 2

a__

26%

(Un;

North American

44% May

3

•

Central

24

Jan

a37% a37%

Shares

•

Raaio-Keith-Orpheum

32% May

Jan

13

a58%

-

Apr

11

100

•

(Un).

Service

(Un)

Radio

32% May
18 % Jan

41%

2,855

10

_

Jan

100

16

—

for Week

Jan

298

44%
15%

1

Natomas Co
N

29%

15%

•

Fibres

Inc

Pure Oil Co

8V< Mar

15% Mar

15%

__P10

(Un)

Co

National

23%

12

al9 a20'/8

44%

•

Consolidated

Auto

Apr

100

15%

1

Montgomery Ward & Co
Morrison-Knudsen Co
National

Mar

33 %

Apr

7%

15%

10

—

common

Nash-Kelvinator

Pullman

55% May
48% May

Jan

280

a32% a32%

44%

18

Utilities

Power

19

Mar

31

•

(Ud)

Mindanao Mother Lode Mines
Montana

50

,45%

470

16

Sales

Range
of Prices

Par

Feb

7%

Preferred

8>/a

16

__

M J

380
800

1

Co

Robbins

South

Jan

100

—

*

(Glenn)

Menasco Mfg
Middle

16%

a30% a31 %

—

1

Navigation
&

113

48 %

Week's

East

High

Jan

32%

—'

*

common.

Co

McKesson

Low

4%

8

—

•

Bancorporation

Martin

Friday
Sale Price

Preferred

(Un)

Macy & Co (R H)

1?)

Range Since January 1

1,755

32%

„

Lockheed Aircraft Corp
Loew's

48

__

-10

Libby McNeill & Libby—

6'/a

al6% al6%
55%
55%

__

MAY

STOCKS

Shares

High

5%

6'/'a

8%

Corp

Copper

County Land Company

Leslie

Low

1

—

ENDED

for Week

of Prices

Par

WEEK

Sales

Range

East

Sale Price

FOR

-

23%
46

23%

24

6,795

•

45%

46%

1,740

25

20%

20%

20 %

770

•

13 %

13%

13%

1.025

35

19%

19%

19%

100

20%
40%

Jan

20

Jan

Apr
47% May
21% Mar

13%

Apr

13% May

19

Apr

19 % May

Volume 171

Number 4909

The Commercial and Financial
Chronicle

...

(2131)

CANADIAN
RANGE

Friday
Last .i

STOCKS—

Week's

Par

Dominion Foundries & Steel
Dominion

1%

Glass

Dominion

Steel

Dominion

&

Stores

Coal

Ltd

30 >4

75

48

920

35%

25

35%

19%/1

•

Low

Montreal Curb Market

27

High

Feb

Canadian Funds

30% May

44% Mar

48

25

35

Jan

36%

7,874

19

May

22%

Jan

25

33

Jan

36"%

Tar

&

Redeemable

Chemical

preferred

Dominion Textile
Donnacona Paper
Donohue

Bros

*

common

22%

23%

4%%

23

165

22% May
21% Feb

29

22 %

22%

125

*

pfd___

11%

11%

11 *4

5,516

Feb

12

Atlas

Jan

102

101

102

230

93% Jan

102

18%

18%

100

15

Jan

20

May
Apr

17

21

1,288

15

Jan

23%

Ltd—

*

Paper

*

:

21

11

22%

Eddy

Paper

Co

7

class

A

Foundation

Co

Frasei
4% %

of

Canada

9

185

15%

Jan

18

Paper

Co

class

B

1,075

137/8

Jan

18

•

Power

preferred

—

.

14%

15

%

30%

31%

:

29 34

31

100

100

2

7,181
25

31

—■.

•

common

14 %

3,735
.

100.

18'

Apr

16

5

2.90

Jan

33

Feb

19% May

9

8%

9

7,660

7%

Jan

Av 9% Mar

Jan

7%
2.00

*

6%

7%

1,770

6%

1.95

2.00

3,000

1.75

a8%

a8%

1

8

101

100

81

4.65

5%

1.05

„

77/s May

Mai-

101

1.10

High

Feb

96

__

100

Low

1.11

26,065

3%

1,801

.

2.00

Apr

31

Jan

100

Ltd

Apr"5% May

92%

Jan

May

111

Jan
1.50 Jan

*

18

18%

6O0

11%

ll3,4

25

•

21%

21 %

21%

725

51

51

75

49

Jan

15

15

35

10

Jan

10

12%

Jan

15% May
13% Mar

40

Jan

53

Starch

Canada

50

•

19%

i

•

13%

-

•

45 '4

19

Jan

19%

Vinegars Ltd

Co

__

Ltd

5

common

5.00

5.00

200

*

72

72

30

72

,v

May

al8% al8%

25

17%

Jan

25

25%

2,505

21%

Feb

177

177

35

Class

3

Feb

Canadian

General

19% Mar

Canadian

Industries

Apr

105%

7Vc

Jan

22% May
51% Jan

190

Apr

Jan

21% May

52%

111

17%

al2% al2%

__

♦

14% Mar

52%

Jan

103

15

Jan

10

Products Ltd common.*

Canadian Food

Apr

__

Malting Co Ltd

Canada

2% Jan

265

104% 104%

17%

A

Investments

__

*

„

•

common

preferred

25.%

—100

—

Smith

$2.00

Paper

common..

preferred C

Hudson Bay Mining & thneltlng

*

Imperial

t

19%

1,200

17%

Feb

13%

320

12

Jan

14%

4514

585

34%

Jan

45 % May

49%

•

Oil

Ltd

50

225

48%

Feb

50

45%

46

2,000

41% Mar

48

Feb

Canadian

•

112

108

2

4.75

4.75

26 >/-,
/2

27

Imperial Tobacco of Canada common_5

14

4 '/o preferred r.
Indust Acceptance Corp

27

4.551

21% Mar

28%

Apr

Canadian

Co Ltd

•

a61

a61

a61

64

57

Jan

25

preferred

100

115

115

lo

113

Jan

116

7

7

15

common

preferred

$1.60

preferred—

a2.00

a2.00

6

40c

40c

500

5%

preferred

Canadian

Jan

Silk

Vickers

6%

.Bronze

preferred

25

International

Nickel

International

Paper

of

Canada*.

13% Mar

14%

Jan

Cassidy's

Jan

26%

Jan

Chateau-Gai

Apr

Claude Neon General Adv Ltd cl

17

37%

1,725

29%

Jan

38%

37

135

29%

Jan

37

38

100

32%

Feb

38

5.00

223

18

18

110

Class

May
Apr

International

Petroleum Co

International

Utilities

4.25

Feb

15%

18

31%

33

4.768

29% Mar

33

7%

50

47%

50 %

3,015

37%

Jan

Ltd

11

10%

11%

3,394

8%

___•
•

54%

54

54%

Wines

22'%

22

22%

(John)

Lake of

Lang

Ltd

the Woods

Alcohols Ltd

&

Sons

Ltd

(John

Consolidated

Jan
Jan

55

Apr

Consolidated

Feb

23%

Apr

Consolidated

Consolidtaed

Ltd

(R

24%

95

24

Mar

28%

Jan

16

350

15

May

19%

Jan

15% May

17

Jan

Dominion

11%

Jan

Dominion
Dominion

Square

Dominion

Woollens

15'

15%

f

15%

475

10%

-

100

Class

B

•
*

*

Mailman

Corp

10%

580

alO%

110

10'4

7

9

5

110

a

110

10 %

10%

934

*

McColl-Frontenac Oil

26 %

•

10 %

110

Apr

Apr

12

115

&

May

27%

2,750

9%

9%

175

7%

Jan
Jan

Breweries

Class

Ltd

class

A

B

Montreal

Locomotive

„•

Montreal Telegraph
Montreal Tramways

Morgan

(H>

&

27

25
5

8

8

350

May
10% May

A

Eastern

Steel

Jan

Esmond

Mills

Products

Grain

27%

6,520

25% Mar

29

Feb

27

690

25% Mar

29

Feb

18%

19%

2,935

18 %

May'

22%

Apr

Jan

51

Jan

77

103

Jan

Great Lakes

31% May
8% Jan

37

Jan

Halifax

9

Feb

Hayes

May

Co

class

30

60

Apr

65

Mar

102

Mar

a

'Foreign

Sec

Power

redeemable

6'if

Class

A

24%

Apr

International

66%

Jan

71

Feb

Investment

19% Mar

22

Jan

Lambert

23

1,440

22%

22%

22%

575

•

70%

69%

70%

2,684

•

21%
--

-

21

593

165

95

46

J
-

211/4

165

46

25

|
4

165

38%

May

175

Feb

Jan

46

Insurance

•

46

46

46%

596

45

Feb

47%

Jan

Penmans,

common

•

52%

52

52%

50

51

Apr

57

Jan

Development Ltd

1

15

15

100

14%

Jan

15% May

1.030

42%

Jan

56

Powell River Co___

*

55%

55 %

55 7

Power Corp of Canada

•

19%

13%

19%

s

3,115

15%

Jan

•

33 '/a

80 3-,

83%

4,910

63%

Jan

100%

100%

101

55

99

Jan

•

14%

Quebec

•

19

14

14% '

2nd

P IO to

a9

May

21%

Apr

83% May
101

Mar

Lawrence Paper 1st

Flour

Mills

Lowney Co Ltd

Maritime

Series

B

4%%

Sheraton

Ltd

class

tcf"

a

T'/c

6%%

Massey-Harris

McColl-Frontenac Oil 4%
Melchers

Mersey

Distillers

of

2,275
265

Feb
Jan

Jan

May
15% Apr

104

Jan

200

27

Jan

21% May
44% May

14

Jan

17 %

Common

/Simpsons
4 % %

t

v

class

A__

16

150

14

Mar

21

Jan

98

99,%

830

84%

Jan

57%

Southam

Press Co

Mount

Nova

Steel

of Canada

Co

—

Preferred

:

Scotia

Lt &

Pr

*

Power

84

50 %

Jan

Feb

57% May
Jan

Reltmans

23%

25%

47

Feb

48%

51% Mar
9% Mar

52%-

•

52%_

130

15%

15%

445

5%

Ltd

(Can)

cumulative

53% May
15% Apr

Sangamo

Southmount

22

Jan

24

20

Jan

22 %

Apr

Standard

22

22

275

19%

Jan

22

Apr

Transvlsion-Television

30

30

20

27

Mar

30%

10

98%

Apr

100%

Apr
Jan

Union

a98% a93 %

20%

Jan

22%

Apr

Westeel

19

Jan

23

10%

Apr
Apr

Western

Jan

30

21%

21%

22%

22%

235

9%

9%

9%

3,631

22 y*

22%

22%

2,350

24%

'

24%

24%

355

19%

{

18

19%

5

5

50

,

8%
20

Mar

22% May

20% Mar

24% May

12,185

14

19% May

50

5

Paving

-si

7%

8

2,560

6%

Feb

Mar

Jan

5% Mar
8

May

of

Gas

Weston

(George)

•

6%

Limited

new

14%

15

835

f

43

44%

2,935

27

i

27

27%

•

common.

Winnipeg Electric common
5% preferred

151
44%

_i

•

—

>■]

Zellers

*

———

Jc Worts

—

100

:

37 4

199%

common.....;

preferred

i—__.25

J

II!

36%

-

a

V'

33%

99% a99%

80

14

Feb

15%

Feb

36%

Jan

46%

Apr

24

Feb

28.

May

4,291
:

33%

Jan

25

99%

Jan

101

Feb

V

Anr

17

Apr

27%

Feb

29%

Jan

15%

16%

1,600

28%

23%

75

42%

Apr

•

t

Banks—

Dominion

Imperial

Materials

&

(Can)

Ltd
Ltd

*
*

footnotes

see




12'% Mar
36% Mar

.

4.25

16

53

9%

8% Jan
15,» Jan

Apr

Apr

16%

Jan

Apr

30

May

6%

6%

510

6% Mar

7

Jan

a97
10%

a97
10%
70

15

97
Jan
10% Feb

100

50

Jan

70

85c

Jan

_

60 ;
50 I

18%

Apr

18%

17
.

—

—

Mar

11% Mar

1.05

May
Jan

1.00

3,000

21

2,800

17% Jan

21

May

a20c

4

20c ;, Jan

20c

Man

78 %

78 %

465

10%
12
al9
20%
7%

10%
12
a 19

1,125

90c

20%

120

7%

150

5%

5%

250

14

14

50

11

17

18

20

17 k

Feb
Apr

19%

295

18

11

H

200

11

7%

115%

116

34

113

62,023

16%

Feb
13% Jan
20c
Jan

Apr

23

Feb

19%

>

Apr

18%

Jan

54c

53c

Feb

15%

May

13

4

Apr

111% May

Jan

21

Feb

12

5% Jan

18

21

May

19% Mar
21

108% Mar

19%

Apr

12

13% May

all2 all2%

,

78% May

Feb

75

10
May
9 y Jan
18 U Jan
20 k May
7
May

475
15

Feb

12% Mar
116

Mar

54c

Apr

17%

41c

Apr

30c
16%

17
30c

325
2,200

17%

350

14%

Jan

19% Mar

30%

30%

50

12%

Jan
Jan i

38

Apr

59

Apr

17%

Jan

19

Feb

57

59

295

15

562

al8

20

„

Mining Stocks—

50

1

1.67,

1.67

1.70

Anacon Lead

Mines.

•

2.69

2.31

2.74

Arno

Ltd

*

4c

3%c

5c

1.30

1.28
12c

10%c

40c

-

14% Mar
Jan

14

*

Yellowknife Gold Mines

Jan

19%

al8

—

Feb

May

a20c

14%

.

Apr

..

2,200

43c

26,300

2c

1.35

76.200

12c

1,000

50c
13c

11c

1,500

1.70. May

Mar
Jan \

75c

584,975

2.34 May

t
'

Ascot

Mines

Metals

1

Corp

Mines

(1937)

Aubelle

Mines

Limited

Band-Ore
Base

Beatrice
Bob's

Gold

Metals

—1
1

Ltd

Mines

1

Mining Corp Ltd

Red

Lake

Ltd—

Lake

Gold

Bojo

Gold

Mines

Mines

Ltd

Mines

32c
5c

6c

13%c 13%c

.1,000
5,000

—1
Ltd

1

25%

1,170

24%

Jan

Buffalo Canadian Gold Mines

*

26% Mar

26% May
27% Feb

27

27

31%

31%

25

30% Jan

31% May

Candego Mines Ltd

28%

29

1,203

27

Jan

40 %

41

257

39

Jan

29% May
41% Apr

Cartier-Malartic

40% f

27%

k

27%

27%

1,857

27%

Jan

28% May

Century Mining Corp Ltd

Centremaque

1

Gold

Gold

Mines

Mines

Ltd

—

8c

__

Ltd

8c

9,500

18c
7c
—

—

8c

,

21c

11,500

7c

9%c

71,000

17c

19c

28,500

24c

26c

35,500

8c

60,500

7%c
4c

4c

8,500

1

12 %c

10c

13c

28.500

1

7c

6c

10c

83,500

*

—

Mar
May

Jan
24c Mar
3c
Feb
4c
Jan
13V?c May
2c
Jan
15c
Jan
5c May
11 %c Apr
15c Mar

14,000

.

5c:

Jan

=

May

"

1.35 May

•

15 %t

Apr

ll%cMar
.«;•»

I.,',

7c

May

32c

Apr

5c

4c

6,000

5c

.

7c. Apr

,5,500

30c
4%c

25%

I

7c

31c

I

28%

'

5%c

1

•

Ltd

Mines

5c

4%c

25%

Gold

7c

Ltd—1

1
1

——

Gold

10%c

•

Mines Ltd
Bonville Gold Mines Ltd
Bouzan

—

-

1

Mines

Ltd

Buffadison

I

:=

70c

58

20% May

43.

>

13% May

17% May
27
Mar

14%

•

Jan

~120

Jan

10% Mar

55c

5

20

271

Apr

14%

Mar

•

Ltd

Hotel

10

page

50

I

44 % May

Jan
Jan
Feb
Jan

10
125
440

<

Apr

21% May

May

51
9

Mar

6

Jan

Ltd

Canada Breweries

1,135

10

Royal

in

28
3.50
13
5%

Jan

20c

14% May
42
Jan

11

Products

Windsor

20%

10

115%

•

20%

.1.4

—

i

Jan

5

13,430
50
20
50
100
25
200,

100

10

Nova Scotia

20

Mar,^

50
440

54c

Ltd

Canada

10

....

^15c

35% Jan
17
Apr

—

100

pfd

20% 1

1.

—

—'

Apr

1.75

400
22
1,985

18
—

Ltd

10

Montreal

For

Co

10

Commerce

90

Ltd

Bordulac

V

Canadienne

p.*?.

Securities

United

Akaitcho

*

Investment

Athona
Cotton

11%

37% May

41
42
al6% al6%
65c
70c
17'/a 17%
29%
30

21

*

Southern Canada Power 6%
35

—•

Walker Gooderham

•

20

preferred

*

445

•

Wabasso

all2%

Ltd

Co

22

•

Apr

May

42%

—

1st pfd.100

common

a22

i

Jan

36 V2

1.10 May
24% Jan

10

15%

—

*

cum

red

a22

Mar

—

—

Russell Industries Ltd

Jan

21%

I

Corp

—

*

Corp of Can 6%

495

a22

Tooke Brothers

Steel

--

10

Paul Service Stores Ltd

99 % May

2,755

15^

Thrift Stores Ltd.
United

—

common....*

Co

24%

5
?

78 %

•

Nuclear Enterprises Ltd

47'%

22%

—

—

*

Mills Ltd
Light & Power

57%

—_*

common.—

21

*

Rice

Royal

Newfoundland

24

*

'L

l,70o
3,969

\

1.85 May

Jan

13 %

51
8%

1,00

—

5

Ltd

47

—

Chemical common.

13%

—

Paper Co

24%

•

__—

Canada-Power

Standard

6

18%

Jan

50

1

19% 21%
44 % 44%
alO% alO%
31
31
4.05
4.05
14
14
9
9%

—

10

Ontario

&

47%'

57 %

__100

■

Southern
■

99%

*

—

—

—

Island Power

•

preferred

—

preferred.100
pfd
10

Mica of Canada Ltd

_•

c

1.40

Apr

16

•

j Sicks Breweries common

—

20

Royal Metal Co Ltd

13

41%

6%

Corporation

8%
85

•700

20

com

16

*

Ltd

Mount

103% 103%

50

Canada

a6%

9

*

Ltd

Co

Paper

Moore

Jan

May

12%

20c

51

*

Apr

6

85
8.80

—

•

pfd

conv

Montreal

103

—

•

Ltd

Feb

785

—

10

May

20%

—

50

preferred

25

70

20

21%

70c

Feb

50

12%

—

13%

pfd

35%,

—

common.."

common

25

43

4'.''

Williams

Sherwin

•

1.20
37
20c
a7

36

—

Paper Co

Teleg

10

35

12%

&

Tel

22%

17%

50

A

11%

1,10

15%

33 > Apr
9% Jan

15% May

43

preferred—_;L9 9

prefererd

11%

—

1.20
a.

Rights

20

a9

20%

&

Power

Jan

*

preferred

25

A—*

(Walter M)

Mar

17%

2nd
preferred'%
—
1
Shawlnigan Water & Power com*.—*

Series A 4%

36%

1

16

49

common

35%

*

Orange Crush Ltd
Lawrence

St

35%

*

Inc

12

1

St

Jan

19% May

Jan:

4 00 May

5
500

10

convertible

(Alfred)

1,390

85

100

Ltd

1,500

a9

100

preferred

17

*
*

class

(Can)

Foundation

Minnesota

•

a

1.85

100

19

t-H co

_*

•

400

al7

100

Company

Paints

cumulative

Maxwell

100

Provincial Transport

preferred
Corp common
1st preferred

16%

May

Page-Heisey Tubes

Lawrence

413

1.85

A"

Products Ltd
Hydro-Electric Securities Corp

MacLaren

St

4.10

—

__

*

Steel

6%

Saguenay Power 414%

4.00

10%

9% May

400
-

1.85

*

preferred

Jan

22%

"

19%

A—•

Paper Co Ltd com

22

22%

•

—i

9%

19

1

Inter-City Baking Co Ltd

...

9%

*

preferred

23% Mar

common

a60

9'A

19%

20

common

Jan

Paper

a60

•

•

A

19%

preferred
Royalite Oil Ltd

|

Mar

.

Apr

Apr

?

«

4%

Feb

May

5

12

Rolland

%

Feb

61

Fleet Manufacturing Ltd
Ford Motor Co of Canada class

27

26%

37%

Regent Knitting common

Jan

43

Fanny Farmer Candy Shops Inc

40

Power

12%

Jan

Jan

102

common

24

\

Jan

Ltd

Jan

& Co Ltd

al6 al6%

„

Apr

34

17%

Jan

39

16%

102

preferred

30

50

Feb

.

Products

10

'

100

13%

--

100

a33

a33

Apr

8

.,

1,200

preferred

10%

Bros

t".

56

Ltd

6U

4%

15

Jan

42%

3,165

Ltd

Aircraft

12

Price

7%

j

42

14%

Falrchlld

11%

1

Jan

56

14%

5

Ltd

28% Apr
26% May

Jan

,

42

17

100

.Placer

Janr

11

56

27% May

3,072

Steel

8

24%
17%

% May

•

Apr

3%

Ontario

__

16

Jan

15

Jan

CoLtd.*

Jan

50%

common

•

50

16

31%

Mills

•

4%

4.15 Mar

11

8%

Flour

2% Jan
*

33,6b7

21%

154

preferred

May

—

31 Vb

7%

90c

al8

Worsteds—

&

8%

Ogilvie

Mar

26 Vb

2U0

165

Ltd

Jan

45c

Corp

31%

Mines

9

27

Paper Co Ltd—

•'

Noranda

May

*

Engineering Works Ltd

Breweries:

Wire

8

al8

Oilcloth & Linoleum

Drug & Chemical commons.5

Niagara

100

23%

3,536

51

Corp
Weaving

-150

8

25%

Co

17

67

Car

Mar

l.OOQ

4.25

4

class

National

Steel

3

2.45

8

16

Mfg

National

National

Jan

4.25

16

26%

51

Preferred

3.00

80c
Jan
""'■V Ai

Jan

2.30

—

16

16%

66

common

Apr

4.25

*

1

18%

100/

Apr

May

..Apr
8% Mar

2,00 Mar
3uo

'

5.00

7 .:-.Jan

512

26%

40

pfd__

115

Jan •

2.30

90c

>

100

4%'if

Co

—

75c

B

27:

•

Limitee

Frere

Class

Apr

May

David

Federal

Molson

7

75c

f

14%

•

:

17

•

common

10%

9%

*

Ltd

Massey-Harris

—

-May

34% "May

Jan

3%

Apr

16

Feb

••A'-C

Donnacona

A

88

*

24%

"

Export class

435

8,725

Feb

Apr

2.75

Jan

Jan

*

MacMillan

113
5.00

5.50

23'A Mar

class A__*

L)

20

3

x

Sec

Lithograph

Mar

Bros

preferred

250

*

Paper Corp Ltd
Textile Mills common

19

Secord

tC Wi

34%

*

320

Laura

6%%

33

__

2%
1.50
12

•

Canada

Preferred

50% May
11% Apr

19%

*

Ltd

25

A—10

common

of

Stand

19

Lewis

Lindsay

Dlv

*

At

326

5

Bakeries

•
common

2,235

16

*

preferred

Crain

Labatt

4.25

a2.25

16

*

19%

1,085

Ltd

B

Consolidated

May
May

7%

Limited

46

105

3

Corp

8%

6.00 Mar

Apr

33

Power

International

18

3.90

a2.00

—

»

Ltd

25%

*

common

A

50

\

*

common

j!~.

class

Westinghouse

Commercial

International

Products

1,981

37

37

,.32

4.25
a2.25

*

14

5.00

37%

Canadian Marconi Company
1
Canadian Pwr & Paper Inv Ltd com..*

A^r

26

37%

•
25

$1.25

19% May

26

13%

j

Apr

.

62

26:

'(

Feb

25% May
180

44 %

45 Vi

May

18%

8

12 7

50

Jan

72

Feb

176

May

5%

4.60 Mar

Canadian Western Lumber Co

Howard

Bridge

Feb

2.10

11%

Canada & Dominion Sugar—;

May

110

2.50

2.10

1

Canada

May

r

Ha milt on

Jan

9V4 Mar
105

Butterfly Hosiery Co Ltd

Apr

Jan

98

2.150

18%

100

Lime & Alabastlne

14%

Pulp & Paper Co Ltd com.*
Company common
1

Burnett

Jan

29

24%

175

2,80

•

preferred

19'

110% 110%

•

General Steel Wares common

Gypsum

19

___100

Bakeries Ltd

14,215

*

Ltd

Canadian Fairbanks-Morse Co

5 % %

19%

May

14%

15%

British Col
Brown

I

High

19

*

Brandram-Henderson

Apr
May

13

100

Gatineau

5%

Jan

17%

17%

•

preferred

General

100

17%

18

•

common

Co

7

17%;:

20

Corp
Famous Players Canadian
Corp

&

Bickle-Seagraves Ltd

Feb

1

preferred

Electrolux

Ltd

Pr

Range Since January 1

Low

5

Ltd

Co

Preferred

Power

Shares

•

Develop

Steels

Bathurst

Feb

•*

East Kootenay

for Week

Par

Feb

100

common

Sales

Range
of Prices

Apr

22%
'

Week's

Last

STOCKS

Feb

3

20 7

35

Friday
Sale Price

Jan

35

19

—

i :■

19

Anglo-Nfld

Dominion

Dryden

class B

MAY

Range Since January 1

High

46%

48 f;

20

.

Shares

30 %

•

common

preferred

MARKETS

ENDED

for Week

Low

•

WEEK

Sales

Range
of Prices

Sale Price

LISTED

FOR

39

May

7c

*

Jan

13%c May

>

8c

May

22c

May

14c

Jan

19c

May

26c

May

7c < Feb
2%c Jan

11c

Jan

4c

5%c Feb
3c » Feb

15c

Apr
Apr

10c

May

40

(2132)

The Commercial and Financial

CANADIAN
RANGE

Friday
STOCKS

Week's

Range

Mines

Ltd

Consolidated Central Cadillac
Cortez Explorations Ltd
Cournor
Dome

Mining

Mines

Low

Mines.l

7%c

7c

May

17,600

8c

64c
4c

Feb

70c

Atlantic

8%c May

Mines
Oil

7c

6,600

5c

Mar

8c

Jan

Atlas

19c

19c

500

13c

Jan

25c

Jan

Atlas

*

17

Duvay Gold Mines Ltd

X

Mines Ltd

20%

Jan

Aubelle

500

53c

Feb

67c

Apr

16c

Jan

50 %c

6%c

100

6.80

7.10

17

18,400

Mar

*J

t/C

4.45

Aunor

May

Auto

7.40

Feb

Apr

Electric

69c

71c

1,500

39c

Jan

71c

May

28c

32c

7.500

2UC

Feo

42c

Jan

Bank

of

Mines

6.000

6c

Feb

10c

Jan

Bank

of

Nova

Bank

of

4c

2,500

2 Vac

Jan

5c

12C

14c

'86,600

3 V2C

Feb

20c

May

3%c

3%c

4 % c

2.300

3 Vac

Apr

6c

Mines

Ltd

Kerr-Addison

Gold

Fortune

——1

Mines

Goid

Gold

Louvicourt

50c

Barnat

3%c

5c

68 C

70c

3.800

22c 24 %c

X
—

Mines

13%

—1

1

Ltd

6%c

Cons

Alger

Calumet

Mines

6c

7 %c

Mines

New

Base

Thurbois

Jan

20% Mar

Jan

12

10c

Bevcourt

Jan

Feb

30c

Mar

Blue

Jan

86c

May

61

Apr

66 %

Jan

Jan

13 va

Feo

12%

1.02o

12

79c

79c

79c

1,000

11 %c ll%c

3.000

1.40

Ltd..

46c

Mines

Gold

46c

Bldgood

7 Vac May-

Omega

Gold

Mines

Orenda

Gold

Mines

Mining

5.501

Jan

95c

50c

May
May

20c

1.96

1.000

10c 10 Vac

7.000

10c

1.000

10c

10c

—

10c

2.50

I

Ltd

7%c
22c

7c

7 Vac

42,500

3.25
2.32
14c

12c

12c

19c

637,400

1

1.70

1.63

1.75

16,200

•

22

21

22

925

May

10c

1.02

91c

Class B

May

British

1.75 May

14c

May

X

Jan

2.62

Apr

Buiiaio

7.55

May

7.80

Apr

May

Building

6,500

31c

Mar

56c

May

Bunker

15,850

69c

Jan

97c

May

3,300

51c

Mar

62c

Jan

9c

10c

6,000

6c

Jan

10c

Mar

1.500

2.40 Mar

3.25

2.73

2.95

6,750

2.32

1.28

1.20

1.28

29,100

1.02

1

United Asbestos Corp Ltd

7%c

7c

8 %c

7,100

6c

1
_1

60c

60c

64c

51,100

50c

1
1

21c

17 Vac

21c

352,500

2c

3c

3c

1,000

2c

27c

30c

71,550

Ltd

Mines Ltd

1

Products

I
X

28c

1

45 %c

30c

46c

241,725

1
X

4 VaC

4 VaC

4 Vac

5.000

Western Ashley Minerals Ltd.
Ltd

Feb

Apr

Apr

24 Vac

Mar

May

46c

5%c

X

Dalhousie
i Federated

Co

Ltd—,
——

Petroleums

1,225

6.95 Mar

8.80

56c

56c

500

4.40

4.40

200

5c

5c

5c

500

60c

60c

49c

Feb

4.40

May

5.10

7%c

Calnorth
Calvan

Ltd

42c

3.65

3.50

3.65

400

3.50

1.55

1.60

4,500

IJ22

Jan

1.40

1.25

1.40

4.300

1.05 Mar

,

•-

Petroleums
Ltd

1.38

1.22

1.38

•

26,500

1.01

14%

14%

14%

4,290

10%

•

4 VaC

41c

12c

54c

64c

39c

Ltd.—0
57c

Febi

14,000

334c Mar

7%c

18c

42c

*

500

18.400

Jan

4.10
jGc

Toronto Stock

>.

5,916

35

Friday

stocks

Last-

Par

Abltlbl

;

Power

4r

Paper

common

7%

7%

300

10c

lie

2,500

16%

16%

300

7.75

16% Mar

7.75

7.90

650

6.80 Mar

8c

6%c

Cc

17,200

5c

Jan

55 e

53c

58 c

15,375

42c

Mar

9c

2,000

8c

May

12c

4.35

4.50

2.55

•

4.40

&

28%

33

16,335

24%

21%

Jan

33

23%
24%

24%

22,505

22 Va

Jan

42c

42c

200
.1,350

24% May
25 Va Apt-

:

8c

9Vac

19,283

8%

8%

150

1 64

1.5G

1.75

l
•

Cons

American

•

Canada

of

Larder

4%

1

Nepheline

•

•

1

Oil

Anglo-Huronian

Area

l
Res__

Warrants

Gold
Armistice

„_

.

4%c

Apr
Mar

55c

Jan

Jan

10c

May

9

Mar

8Va Mar

55,475

70c

,1.300

4c

66%
26%

20c

22c

60c
60c
12 %c 14 Vac

5.540

23c

1,680

13%

750

1,200
8,978

Jan

1.75 May

May

1,000

20c

Jan

10c

May

Jan

27

Mar

Mar
Feb
Jan

5.00

120

5.35

Apr

11%

Apr

Feb

32c

Feb

24,900

18c

3V2c Mar

26c

39c

207,650

12c

Jan

19%c 22 %c

21.100

14c

Mar

75

15

5c

100

36c

64.850

Jan

Jan

22,600

5c

65c

14 %c May
2.73 May

Feb

25c

75

Apr

9.60

5 Vac

31c

28c

3.80

23c

36c

Apr

26

15 Vac Mar

7% Jan
73

5c

22c

8VaC May
39c

May

23 %c May
8% Mar

Mar

80

May

45c

•

see

class

B_.

923
50

35%

36 V2

470

34

29

29%

435

29

12%

12 Va

12%

20

11%

51

50 Va

51

173

47

Jan

52

34%

34%

34%

200

33% May

37

24%

25 Va.

635

19

Jan

25Va Mav

10

197

Jan

225% May

__<■

36

•

6

25

225%
19 Va
40

25 Va

Oils Cos

page

43.




*

41 Va

Jan

35% "Apr

25

Jan

21% Mar

920

370

14

40%

39%

39 Va

I,665

29

40

40

40

10

37

24

24

25

23

25

25

25%
5

165

12

12 %

175

11

-

397

23

95c

Railway

16 Va

Feb

24

Jan

!-

17

435

II,646
20

150

May

/1.03 May

■

104

104

10

101 %

Feb

,

86

86

15

25

18 %

17-%

18%

'6,573

84

Jan

J8%

;''

May

;28c-

'

Tire Corp

;

Apr

Canadian

Wirebound

•
class A

Gold

37 Va

May

86

May

-•

'19 V

25

Apr.

1.25

1.25

1.30

400

2.50

2.55

8,709

2.20

1.30

1.42

7,300

1.00

73c

12,250

75c

Centremaque Gold

1

_—

Chateau-Gai Wines

75c

—50c

Cheskirk Mines

75c

18c 18 Vac

85c

8,500

15c

Jan;

21 %c Mar

6c

Jan

14 VaC

Apr

100

7y8

Jan

8%

Feb

83c

90c

11,600

72c

1.37

Feb

22.500

4%c Jan

1.00

1.03

1

22c

*

1.12

12.285

1.00

27c

35.400

11 Vac

1,320
252.50O

—

_______;

Cockshutt Plow
Lake

5c

3%c

6c

72 c

66c

74c

—.1

2.05

2.01

2.13

•
•

.1

—

Colomac Yeilowknife

Commonwealth Petroleum

11

16%

•

1.53

11

16 Va

37,27(fc,.
11.40(feT

16%

115

Apr

Coniaurum

16c

Apr

Consolidated

Ansley

1.37 May

Consolidated

Astoria

Mines

Consolidated Bakeries

Feb

•

11

1.15

Feb

6V«

Jan

1,39

Feb

1 00

Feb

250-

Feb

1.00

1.05

24c

21 Vac

24c

233.000

13c

10 Vac 13 %c

35,700

6 Vac

8

8%

520

8

Feb

Apr
Jan

1.50

Jan

34c

■

V

Apr

1.15

7VaC Mar

8%

Apr
Mar

1.55 May

13cv Jan

1

Jan

17 % May
21c
Apr

Mar

1
•

2.35

.

Jan

1,350

7%
1.45

37c

9

1.55

7%

Jan

2.01

1.16

.15% Mar
15c

1.42

Jan

May

3 Vac

1

Mar

May

4,600"1 5

5

9c

6c

76c

2.100

Mines

50c

Jan

20c

National

Jan

May

2 VaC

.

5 Vac

Coniagas

22.250

1.78
27c

36 Vac Mar

17c

Conduits

7%c Mar

Apr

1.50

Apr

—

-

80c

5 VaC

17c

—1

•.

Feb

85c

;

.

Apr

21c

1

common

Jan

85c

—...•

Dun lop

Feb

Jan

11,900

7 VaC

—1

Cochenour Willans

»!.-•=

Jan

13c

6c

Chimo Gold

Coastal Oils

Feb

1.52

1.08

.

8%

7 Vac

Chromium
Malartic

May

1.45
2.60

.

10c

1

Mines

'

1.25 Mar

8 Va

12c

*

Research

38% May
211
Mar

Feb

1

:

*.

'.

Apr

v;-

Jan

1.35

1

Coin

Jan

2.55

Central Porcupine

Cochrane

31

130

1

Central Patricia Gold Mines.

Citralam

360

1

Leduc Oil.

Chestervllle

37%
25 Va

—•

Castle-Trethewey

Chemical

37

Apr

1041

16 Vt Mar 1

25%

*

Apr
-

154 6r. Jan

s'

,

Canadian

Apr

30-a- May

-

v:

-

16c

86

Apr
Ja n

12% May
12Va

1
.

151

5c

Mar

MdyV

:

6'

•

-

.

6c

.15%

?

27%

Jan

22% Mar
60c

40'

-

Jan

150

-—100

Mar

May

8%

23,400

•-l&i'Zfaw;
40% May

> *

-

Jan

13-c. Mar

*v

-

Feb*
Mar

Jan-

20%

Jan

4.65 Mar

11

385

86c

—100

...

24%

175

26%

26% May
Jan

-'i

..Feb

Apr

20%

-

Jan > > "
-

May

23%

J-

15

'

14

16'/a

22

17%

l4,Va

i———100

—

160.650

16

Jan

Jan

11.

;

Jan

14

255

11%

Jan
Jan
■

1,259
•

19

11

6c
,

May

-7

30%

94c

common.

Jan

540

13'%

10%

30

13

33 Va

26%

—-

Jan

Jan

Jan

145

5

25

38%

Apr
18 V* Apr-

11%

Va

Apr

Jan

3,302

22%

13%

18%

25

———

13c

Jan

37

'

25%

22

18%

Jan

42'/a

540

40

35

25%

2%

May

5% Mar

12

•

_—25
.

—:

1.35

13%

39 Va

2.35 May
40 Va

125

225% 225%
19%
20 V2

22%

•

:

11c

130

6

35

18%

•

.

4%

Central

Fab

2.40

•

preferred

Cariboo

Apr

May

May

40%

•

common.

1.28

15%

9c

40 %

—120

13c

15 %

8.90

Apr

10

common

preferred
Canadian Pacific

Apr

16% Mar

Jan

*

common-

1.34

10

16c

5.25

•

Breweries
Cauners

preferred

Apr
Jan

3.25

100

Commerce

1
A_

7

7c

4.30 May

Locomotive

5%

Apr

May

19% May
8
Jan

•

A

Mortgage

1
class

Feb

•

j

May

7c

460

May

67

52c

8%

42c

17%

Feb

44c

4.85

-

52%

31,500

2.73

8

—100
1

Mar

334,600
6,940

2.33

5c

———

Hardware

For footnotes

39c

-

—

23%
35c

5c

•

:_____

Ascot Metals Corp

Ashdown

24 %c

1

Mines

Arjon

4.85

1

Argus Corp common
Preferred

.

10 %c 10 Vic

13c
2.69

•

Porcupine

17

26 Va

20V2c

•

*

Anglo Rouyn Mines

Aquarius

64%

•

Anglo

Consolidated

16%

65

pfd__25

:

American Yeilowknife
Anaccn Lead

Apex

10c

38c 38 %c

X6%

Ltd

Canadian

10c

25

17

May

17%
31

2.50 Mar

i

of

May

■»

Algoma 8teel

Amalgamated

24%

•

Akaitcho Yellow Knife
1
Rights expire June 26———__

Co

High

g'/ac

:

Agnew-Surpass

Aluminum

Low

32%

•

_____

Pacific

High

421

6c

Feb

2,100

2.40

Industrial Alcohol vot—

8%

Range Since January!

•

A

Acme Gas & Oil

Aluminium

Low

Shares

26

2,300

Rights

for Week
-

50

2.75

*

Canadian

Sales

Range
ef Prices

Jan

Jan

2.35

*

A

Cable

Canadian Malartic

Week's
*

30%

3 Vac Mar

14%

Apr

May

62

8c

10c

1

Canadian

20

$1.50 preferred

Acadia-Atlantic class
Acadia-Uranium

Alberta

-

:

>
.*'■

27c

11 Vac May
36
May

19%

—20

Preferred

"

Jan

4%c Mar

19%

50

class

Bank

Canadian

•ale Price

8c

2.28

31

31

19%

50

Wire

A

Feb
Jan

May

31

4

*

common

Canadian Celanese

Feb

19 Va

1.85

110

Ltd

Permanent

May

May

70c

19 Vac

375

6C

*

Class A J.

13c

Jan

Apr

May
May

Mar

27,600

common

class

Canadian Car

64c

4.20

33c

May

»c

384,859

Apr

Jan

—•

Preferred

Exchange

Cawadtaa Fonda

50c

9c

Apr

9%

Jan

16

Apr

30 % May

6c

•

Canada SS Lines common.

Class

i

2%
21c

13,900

2/c

12

Jan

Feb
Jan

4.00

Jan

20,750

8c

102

Mar

6

408.700

23c

Canadian Food Products common-

i

11

27%

3,200

0

!

Jan

41c

Jan

15 Va

•

Canadian

Feb

2.75

35 %

—

preferred
Canadian Dredge

i

99%

3%c

preferred

preferred

Canadian

Jan

91%

15%

1

Oils

Canadian

Jan

27%

66c

8 Vac

Apr

Jan

Apr

18 %

24c

Apr

12c

87

16

1.95

20% May

23%

27Va

64 c

1.85

•

Packers

Canada

Feb

12c 19 Vac

1.90

Mav

25% Mar

39.450

16

8

*
.

5,215

27 Vac

Apr

Mar

25%

995

30c

Jan

15 Va Mar

Jan

3c

125

30 %

3.35

1

:

New

■

18

Feb

9VaC Mar
Feb

7 Va

29 %

65c

-

Machinery
Malting

Canada

1.38 May
16% May

58,000

'

7 %

30

4.00

Apr

Va

19%

170

1

Class B

1.40 May

Feb

Jan

10

6

11,235

•

Convertible preferred

5 %C

38c
12c

>

1.88

4.00

11%

*

Foils

Canada

4.50 May
3.65 May

May

1.55

3.90

11%

•

Canada

Apr

Jan

3.90

*

Canada

May

Mar

2.25

25c

May

14 Va

2UG

11 %

•

Cement

Canada

Apr
Apr

34c

1,000

12,500

•

common

*

1

Preferred

May

60c

40c

100

May

Mar

8

65

A

class A

Bread

Canada

Apr
Apr

May

4,50

7%

23c

12c

30

1

Petroleums

Canada

Apr

60c

4.35

4.50

60

_

•

Campbell Red Lake

May

2,200

40c

*

62c

Feb

4c

*

Omnitran8 Exploration Ltd—*-.
Pan. Western Oils Ltd
Superior Oils

5.30

7.90

l

Class A.
Home Oil Co Ltd"—

Erazeau

Feb

7.75

>

Petroleums Ltd

„.;i

South

3.85

60c

Gaspe Oil Ventures Ltd

j|

1.925

4.40

Oil

Foothills Oil & Gas Co Ltd

General

4.90

__

Ltd—
Homestead Oil Co__—

Oil

4.35

7.75

:*

Petroleums

Continental

f

4.90

15

10 %c Mar

1.752

B

Class L
*

-

1,013

30

Calmont Oils

on stocks—

Anglo-Canadian Oil Co Ltd
Calgary &. Edmonton Corp Ltd
^Calmont Oils Ltd
;

399.415

101 101%

A

oaigary & Edmonton
Callinan Flin Flon

Apr
31%c May

May

13c

10.000

19c

39 Va

Oil

Calder Bousquet
Caldwell Linen 2nd

5c

3 Vac Mar

21c

8.30

7%

8.30

89 Va

Burrard class A

Jan

21c

Feb

13c
15c
8.00

16 %c

Apr

71c

Feb

May

101%

•

Co

Clas;

1.40 May
14 %c Jan

Mar

9 Vac

26

Hill

Burns &

3.45 May

2.85

64c

Jan

26%

Burlington Steel

54c

1

Jan

2c

1

50c
92c

53c

3.45

39c

•

class

Lake

45c

3.45

3,905

6,500

26%

Products

90c

-1

/Consolidated

Red

92c

53c

I

5 >c
9%c

25%

Buffalo Canadian

Torbrit Silver Mines Ltd
Trebor Mines Ltd
Mines

class

Apr
Apr

57c

26%

Products——•

Mar

May-

7 Vac

100

pfd

6c

__

25%

Ankente

92c

X

16c

100

Power

Dominion

•

Ltd

Jan

Apr

57c

*

I

Ltd

12c

•

1.92

Feb

3,700

Apr

Apr

May-

14

•

„

Columbia

British

Jan

42c

57c

Jan

2.425

4%

42c

Jan

7.595

Class B

FeD

23c

5,500

Feb

%

4c

18,000

Elec

7

12%

60

11c

Forest

6v4c Mar

92c

86c

24c

12,000

13%

13 %e 14 Vac

22%

Packers

Buffalo

__L

5%c

6 Va May

20%

preferred

Jan

17 Va

20

common

Jan

14

16% Mar

9 Va C

Columbia

18.000

100

5 Vac

13%
14c

7%

Feb

75

22 %

Columbia

15,500

7.55

5%c

Apr

Apr

May

100

9 VaC

Bruck Mills class A
Buffadison Gold

Ltd

Mines

Mines

Columbia

7'-c

Rock Iron Mines. Ltd
Sullivan Cons Mines Ltd

Mineral

British

7'Ac

7.55

107,500

31c

15

Broulan Porcupine

—

42c

38c

Apr

29 Va

41%

25

Jan

Ltd

(1944)

a

Preferred

May

1,600

17

6%

—

6%

Jan

Feb

22'/a

American Oil

7c

Steep

Vinray Malartic

British

14c

I

17

6 Va

*

1

British

23%

Apr

39%

1,321

Ma/
May

1.88

11% May

5,076

«

24%

May

Jan

.

1,240

41

11%
40

*

Jan

8c

12%

12

1

3c

42c

7%

Light, <fc Pwr com.*

7c

2.50

29%

7

41

Lake

5,000

40c

28%

7%

*

Roofing
Traction

25.000

2.35

23 %

*

5c

Ltd

Sladen-Malartic Mines

670

B

—50c

Mines

70c

Cordage class' A

10c

40c

41

Jan

32c

•

9c

2.35

41 Va

Jan

1.16

Jan

1

5c

I

Jan

38%

Mar

1

5c

X

33%

630

20c

1

9c

Mines
Sherritt-Gordon Mines Ltd
Sigma Mines (Quebec) Ltd

325

47,550
35,715

30c

c

*

Santiago Mines Ltd

ll%c May
29 Va May

31c

Gold

X

Shawkey

Feb

29c

1

British

19c

Jan

27%c Mar

Jan

54c

.

May

8c

Feb

6c

27%

1,000

1

Red

13c

580

64c

A———„*

23%c May

Feb

la

33,000

29%

Apr

May

64c

—

Brazilian

May

2%c Jan

3.000

9c ll%c

28%

May

7

1.08

1

Brewis

Apr

Feb

Jan

41 %

Mines

Class

Apr

Apr

4c

5%

40 %

.

Brantford

Apr

Mar

15 %c Mar

50

23c

1.56

•

Boyinar

May

1.80 Mar

14.000

20c 23 Vac

Ltd..X

7

20 Vac

40%

Gold

Bralorne

May
May

37%c

18c

1.92

I

-

Co

Crest Gold Mines Ltd
Rochette Gold Mines Co Ltd

Mines

26c

500

5.415

3.80

25

Kirkland

4%%

Red

Mines

28,500

1.92

1

Ltd

Devel

32c

3.25

Feb

39%

Ribbon Corp

Bonville

Mar

1,45

13c

3.15

.1

—

—

Mining Corp Ltd

Geld

85c

Jan

Mar

3.10

7

1.57

Bone Lai Gold

ll%c May

Mar

32c

3.25

i

Yeilowknife Gold Mines
Queenston Gold Mines Ltd

Standard Gold

50c

65c

ll%c May

18c

•

Ltd

Co

Labrador

Ltd

Quebec

Siscoe Gold

500

31c

-

_.X

Corp

Mines

Silver. Miller

1.40

66c

1,600

30c

41%

Bobjo Mines

12 %

3.30

11c

•

Gold

Jan

130

Mar

3.25

Jan

39%

A

class

——

45c

61

13c

3.25

Jan

May

14

May-

Jan

12c

10

—

Sons
■

4 Vac

1

Bros
Telephone

Class ' B

66,000

120,900

21 %c

•

&

10c

12c

37c

1

Bcatty
Beii

Bertram

24 %c May

33,190

8c

29c

__

10

class

Apr
Apr

9% Mar

35c

•

Erantford

Mining

Westville

Apr

Jan

27c

-10

1

B

3%c

61

_

Wendell

5c

82c

Class

May

May-

4c

124.800

11%C

30c

Mining

Power

12 Vic

85c

Ltd..

22Vac

Ltd

Metals

27,500

62c

•

Calvan

Co

43,200

20c 21V2C

Norseman

New

Vilbona

60c

17% Mar

220

21c

Led

Mines

Goldvue

Stadacona

12',4

62c

Dredging Ltd.

New

Quemont

2c

22c

27,500

X

Ltd

Jan

Ltd

Bordulac

New

Quebec

10c

Jan

56VaC Mar

300

12

•

Gold

18%

1

Mining Corp of Canada

O'Brien

22.500

9c
12 >/4

i

Ltd.:

Goldiields

21c

96,000

Ltd

Mines

7%

8%

*

Scotia

Mines

Barymin

Apr

11% May

Feb

10

84.246

70c

5

Normetal

57c

23c

Mclntyre-Porcupine Mines Ltd

Pitt

1.632

4 'Ac

Macdonald Mines Ltd

New

10%

1

Ltd

Lake Shore Mines Ltd

Lingside

Nechi

1

__X

Jollet-Quebec Mines
Kayrand Mining
Lake

10 V«

50c

2,115

Bankfield Consolidated

Jan

12 Vac

1

8%

•
1

Toronto-

3 VaC

!

Ltd

8%

2.05

—

Montreal

8c

Bathurst

Lake

Jan

1

7%C

1

Jaculet

1.28

Mines

8c

Jack

17%c

15.000

common

32c

10 %

Feb

1.38

1

69c

5

7 Vac

1.73

1

1

1

32,800

1.85

*

.1

Formaque Gold Mines Ltd.

High

13c

1

Bagamac

Low

12c

Mines

Jan

Range Since January 1

High

12VaC

Gold

yc

i-til

Shares

Low

1

Aumaque

1,823.900

6%c
7.05

Ltd

17
a71c

100

fur Week

„•

Yeilowknife

34c 50 %c

49c

(1937)

Steels

a71c

X

Mines Ltd—

Sales

Range
of Prices

Par

Athona

May

6c

•

Mines

High

500

Week's

Last

Sale Price

1

Co Ltd

Ltd-

East Sullivan

Low

70c

Monday, May 22, 1950

.

ID

STOCKS

1

Donalda Mines Ltd

Elder

MAY

Range Since January 1

High

70c

.

.

MARKETS

ENDED

Friday

Shares

—2

Dulama

Gold

WEEK

for Week

of Prices

Par

Beactie

LISTED

Sales

Last

Sale Price

Consolidated

FOR

Chronicle

Apr

13VaC May
• 9%
Jan

v

Number 4909

Volume 171

.

.

.

The Commercial and Financial Chronicle

(2133)

CANADIAN
RANGE

Week'i

Last

Sale Price

Par

WEEK

MARKETS

ENDED

MAY

19

Sales

Range

Friday
STOCKS

LISTED

FOR

for Week

of Prices
Low

Low

Beattie

Mines

2

63c

68c

72c

31,041

51c

Feb

74c

May

Keva

Consolidated

Central

Cadillac

1

7%c

7 Vic

7%c

500

4c

Feb

8c

May

Highland-Bell

Cuisonaaied

Duquesne

90c

86c

1.00

27,472

60c

Jan

1.05

May

Highridge Mining

5%c

5%C

5%c

13,225

4c

Mar

7c

Apr

62c

60c

64c

17,540

55c

Feb

65c

Apr

Hinde

9c

9 %c

3,840

26c

Jan

Holden

104

104 105%

2,080

5%

5%

5%

200

164 165%

168

Consolidated

Howey

Consolidated

Lebel

Consolidated

Mining

Consolidated

Press

•

Homestead

__

__

—1

.

1

Oro

5

Smelting-

&

class

if

A

8c
May
91% Mar

5% May

Gold

100

-

Conwest Exploration
Cosmos
Imperial Mills

•

Cournor

1

Craig

Mining

Bit

common

Crestaurum
Crolnor

_

_

Crow's

Nest

Crowshore

—

Mfg

550

19c

2,582

9

—

9

Davies

10c

Jan

9c

2,500

6%c Mar

•10c

May

17%

175

17%

16%

Jan

4%

Apr

4%

Apr

Feb

11 '/a

Jan

9%

Jan
Jan

14%

14

14%

7,935

1

12 %c

10c

15c

97,600

4c

Mar

15c

1

9c

8c

10c

20,600

6c

Mar

15 %c

Yellowknife
Gold

Mines

'

10
14

48%

75

47

Apr
Mar

«c

78,100

10c

Jan

31c

Apr

25c 28 Vic

•

24 Vic

Apr

42c

21

22

110

20%

Apr

24

*

7%

7%

100

26c

46

45%

/

2,000
1,475

41% Mar.

24,000

3%c

4%c

31%

31%

190

•

26%

26%

27

11,488

14

13%

14

1,295

Jan

3,000

*

46

•

38c

36c

„

Imperial Tobacco of Canada ordinary-B
Preferred
£1

13%c May

37,00u

28c

Mining

Mining & Smelting
Hugh Malartic
Imperial Bank
Imperial Oil

52% Mar

11c 13' 2C

16

May

May
Apr
Jan
f*

■.%%

23 %c May
65c
Mar

48V4

Feo

*

Oil

Hosco

Apr

Feb

18

50

B

Hudson Bay

6%

Apr

721

Jan

50c

Jan

7

25c

13c

•

Petroleum

Feb

10%

Mar

18c

8,750

1

Mines

6c

7

4%

D'Aragon

30,500

10%

Hoyle

i*,80n

23*20

79c

7c

*

Apr

64c

12C

9%c

Jan

0

16"

5(>c

24c

Feb

58c

6%c

7c

•

class

Feb

22c 23 Vic

1

_

6c

1,000

1.64 May

14 %

345

8,750

*

Dauch

High

9c

75c

8c

•

:

Low

8c

9c

1
.

Range Since January 1

High

72c

1

Sarcee

&

Low

Home

165 % May

62c

-100

-

Patricia

15%

Jan

23c

—

—1

Coal

60,750

18 Vic

—

—

_

Mines

Pershing

1.64

15%

•

Shares

Hollinger Consol

105% May
6% Feb

1.07 Mar

1.45

1.58

*

160%

Mines

High wood

Homer
Consumers Gas

for Week

Par

High

Cri-qolidated

Consolidated

Week's
Range
of Prices

Friday
..

Range Since January 1

High

Sales

Last

Sale Price

STOCKS

Shares

41

1

preferred

Indian

4%C.

__10

—

—

7%

1

25%

5%c

47%

Jan

5e

May

Jan

30%

150

Jan

32

Jan

28

Apr

13 V4

12,200

4%C

"

May

21

235

6c

2c

38c

Apr

15

Mar

7% May

Jan

7%

Feb

25 */8

Feb

27

Jan

3c

Feb

6%c

Apr

'

1

>

7%

25%

7*/4

25

Lake

Jan

-

Davis

Leather

Class

Decaita

Oils

Delnite
Del

A

;

•

Red

16c

18c

1

1.75

1.75

1.80

1,100

75C

75c

84c

20,600

—1

13c

11 Vic

,13c

56,700

1

56c

50c

57c

252,550

2

23%

23%

24

8,775

17%

2,473

;

Ltd

Lake

—

.

Yellowknife

Distillers

Seagrams

Dome Mines Ltd_;
Di minion

&

dominion

17%

—•

preferred^

100

,100

'

Anglo

10

27%

Bank

$1.60

10c

Apr
1.60 Feb

21 Vic

May

1.90

Apr

,

„—;

•

Inspiration

May !

93c

6c

Jan

k14c

Apr'

28c

„

Mar

57c

May i

20%

27 %

Jan

16%

30

100

May

27%

345

26

Mar

19

May

100

International

Dominion

Scottish

Inv

19

19

50

30

31

1,440

26%

Jan

10Vi

8

10 Vi

1,260

7%

Feb

12 %

Bronze

20%

2,196

34%

35

165

47

Mines

20%

Gold

Jacknife

Feb

Jack

May

Waite

Jaculet

Apr

43% Feb

47

19

May
33% Jan

22%

Jan

37

22% Mar

Joburke
<

25

21

Jan

11

Mar

12

Jan

9

May

11%

Jan

25

15

Apr

30

1,025

26

Feb

103

'

^101%

,

68c

65 %c

52c

Jan

15V4C

25c

a

73c

146,800

34c 49 %c

1,008,400

Jan

49 %c May

7 Vic

14,000

5%c Mar

9Vic Jan

12 %c 15 %c

87,000

lOVic Mar

15 Vic

May

6c

7c

8,500

4c

Feb

8 Vic

Apr

23c

26c

23c

Mar

28c

Economic

2.60

7.05

Machine

Washing

Easy

2.38

8,000
69,420

6.70

7.15

84,100

4.00

4.20

1,350

a

4.50

4.50

I,000

54

55

50

•

#
25

Investment

__

—

73c

May

(1939)

Kayrand

Kenville

Keyboycon

Lake

Dufault

Mines

May

Lake

Fortune

Gold

45% Feb

55

15%

Jan

lSVi May

Jan

72c

May

Feb

43c

Jan

13 %c 14 Vic

27,264

8c

Mar

15c

May

6c

Feb

1

8 Vic

8c

8 Vic

23,000

0

21

21

21%

150

20% Mar

22

25
1

10%

10%

10%

5

10% Mar

11%

Apr

50c

50c

53 c

3,156

34c

76c

Apr

14%

Fanny Farmer Candy Shops

1

36 Va

Federal

*

Kirkland

Products

Fibre

*

4.75
15

595

14% May

16

Jan

36 V4

720

32%

Apr

36%

Feb

11%

1,600

9

Jan

11%

Apr

20

115

125

7>/«c

5.500

4.10

4.50

57,100

10%

25

10 %

■

12%

12%

12%

1.20

1.20

1.20

2.05
8

35

42

42

5

J)

(A

31

375

preferred.

100

100

93

93

Exploration

3.15

3.05

3.20

32,830

18%

19'A

108 108Vi

•

rc

La

5%

Apr

1.75

Jan

Apr

Jan

37% May

Mar
Mar

42

32%

8%c Jan

14c

May

Apr
Fteb

25%

Feb

31

25

98

Jan

100

May

15

8/

Feb

94

May

2.25

Feb

370

17%

Feb

30

105%

Jan

May

3.20 May

*

General

Petroleums

Class

A

General

—

Products Mfg

General

Steel

Wares

class A
common—

Gold

Jan

3.00

1.40

1.24

1.40

7,100

1.05

Jan

1.40 May

1.38

1.22

1.38

9,000

1.00

Feb

1.38 May

34

34

25

29%

Feb

18

18%

•

18

725

17%

.

104 Vi

105

40

8.70

9.00

8,047

6c

Cc

7c

7,500

5c

Apr

7%c Mar

3 Vic

3c

3 Vie

2,700

2c

Feb

3%c May

Apr

59c

61c

26,800

36 Vic

35Vic 37 Vic

22,500

19'/4C

19 Vic

22c

II,600

15c

Gold

1

11 Vic

11c 11 Vic

3,600

5c

Mar

1

6 ViC

8c

9c

2.55

2.55

2.74

C7c

Mar

42c

30%c Mar

11,000

5%c

15c

9c

May

3.35

Jan

Jan

May
Apr

.

2.44 Mar

28,475

•

7c

4%c

7c

8,565

4 Vic Mar

7c

C ViC

6 Vie

7c

21,000

3Vic Jan

9c

1

3VH

3VB

2,000

•

Mining

86 Vi

88

45

2c

Apr
May

6%c May

4%c Mar

18,300"

May

27 Vic May

1

Porcupine

Mines

Goodfish

6%c

9c

1

Manitou

Goldhawk

6c

1

.

57c

Mar

9.20 May

Feb

Arrow

Goldora

106

6.00 Mar

1

Mines

58c

104

1

Gold

Eagle

Gulden

Mar

105
8.80

•

Goldcrest

Golden

20

Jan

May

1

—

Oil
Lake

Goldale

35

Feb

1

Mines

Globe
God's

Gold

2.00

Apr

May

1

Mines

Gold

Lake

Gillies

1,300

19%
110

100

Yellowknife

Glenora

2.90

»

Preferred
Giant

2.75

*

common

2.75

*

Bakeries

General

18%
108 Vi

*

com

class

Grafton

&

Graham

Co

*

Great Lakes
A

—

3%c

Mar

West

Coal

Great

West

Felt

60

10%

305

19

50

13c

13c

95

84 Vi May

Apr

3.000

52 % Mar

>

53%

Mar

Apr

10%

Feb

19

May

19%

Feb

13c

May

20c

Feb

9% May

preferred

19 %

21 Vi

13,260

14%

Jan

21% May

46

44%

46

395

40

Jan

46

21

21

21

275

20

Jan

26

Feb

5%

5%

100

5% May

6

Jan

*

West

Saddlery

Gulf

Lead

&

Lapa

Gwillim

Gold

Lime

&

.

Alabastine

12,800

17% Mar

55c

58c

1,600

1.20

1.22

1.30

28,384

1.20 May

12c

13c

13c

2,000

Erass

"U"

Larder

IIV2C Mar

Halcrow

class

Gold

—

—

22c

Levy

2,250

17c

168,200

1.06

1.15

40,900

6 %C lOVic

363,700

3c

19 Vi

23,650

28c
45c

64c

Hartz

<J

73c

Hasaga Gold
Headway Red
Heath

1

1.87

Gold

For

footnotes

see

page




43.

6.80

49c

May

64c

May.

Feb

21c

May
Jan

113,975

77c

May

1.87

1,100

1.80 May

2.40

6.80

7.00

1,972

6.25

Feb

7.75

16
May
2%c Feb

19%

Jan

4c

May

7c

Apr

Jan

Apr

•

16

16

16

35

3c

3c

3 %C

3,800

6c

5c

6c

4c

Jan

3c

3,000

May

'

4'/be

3c

4%c

38,500

15 Vi

15%

15%

705

20

20

55

Feb

7c

15% Apr

17

Jan

18

Apr

20

May

74c

Jan

89c

84c

87 c

3,400

1.16

1.16

1.19

11,900

1,15

Jan

9VBC

9 Vic

10c

10,500

3%c

Feb

5%

1

Apr

1.34

32%

33

Feb

Class

A

class

Loew's

Hosiery

*

A

Goldfields

Louvicourt

Gold

Mines.

16

275

15%

Jan

16%

32c

43c

119,400

13V4C

Jan

43c

2.71

4,200

2.33

60c

85c

170.850

44c

9c

8c

9c

28,500

11 Vic

11 Vic 12%c

8.500

3.45

18,960

9%

Jan

11% May ;

7%

Jan

10 Vi May v

10%

9%

9%

2.80

60c

12,675

3%c

21,100

Eastern

rioo

Sugar preferred

-

2.95

3.20

Apr

60c

Feb:

Jan

3.75

Apr

3%c

Jan

2c

102

10

102

50

15

Apr

8%

8%c

4,875

27c

31c

10 Ve

8% Mar

225

6c

27c

8%

8%
'

—X
-1

—

Apr v,

-20
B„

47,250

7c

7%c

3,000

■

31c

3,360

21% -Jan

30

685

7%

"■

May

7% May

7% May

J 00

27% May
30

Mar

27

May

7%c Apr

3%c Mar

26%

7%

■

Jan

8%c Mar v.

Jan

26

•mm.

26%

Preferred

3%c

13 %c Mar

29 Vi

-1

...

Massey-Harris common
class

V
*

common

—:

Segur

.—

14%

100

100

100

10

_•

18c

17%c

18c

1,600

61

60 Vi

61%

50c

Mclntyre

Porcupine
Red

Lake

14%

~Zb

McKenzie

1

McLellan

100

Jan

10c

Jan

21c
67

60% May

235

50c

4,600

84,200

3%c

Jan

14c

38,865

8c

Feb

8c

Feb

10*/2c

9c

12c

lOVic

12c

7,800

4.90

4.85

4.90

730

Jan
Feb
May

'

60c

May

55c

1

Lake

Red

16%

Feb

97

12c 13'Ac

12 c

1

Gold

McMarmac

13%

2.230

14

I100

McColl-Frontenac

McDougall

McWatters Gold

Mills

Mercury
Mexican

2.00

.100

7c

Jan

20c

May

Modern

24c

4,360

13%c

Apr

24c

May

Monarch

7c

7,000

4%c

Feb

7 %c

19 Vi

1,400

17%

Feb

19% May

20c

Apr

Model

Jan
Jan

13V4C May
14c

May

13l/2c Apr

21%

125

20

Feb

3%c

Apr

5,100

l%c Feb

100

3.80 May

1

27
7c
4

Feb

44 Vic

Jan

9%
14 ViC

570

11%

Jan

15%

Apr

Mylamaque

15

65

13%

Feb

15%

Apr

National

Jan

52c

9%

1,580

12 %c 14 %c

285,588

9%
914

9%

9% May
5c

36c

40c

6,900

5%c

9,000

Mar

9% May

125

534c

38c

26 %c

62,000

11

May
Jan

14%c May
,30 Vi

100

.

16%

2.00 May

Jan

13%

Apr

51c

tFeb

20

Jan

8

1,200

33c

May

1.412

I8V/4 May

9

260

77 'A

78%

520

26%

26%

100

26%

3.50

3.50

4.00

300

46c

39c

48c

135.200

Feb
May
Apr

10% Mar

May

34c
19 %

75

•»%

Apr

—

Lac
Mines

—

..

common

Drug &

Preferred
National

-1
1

4lc

Apr

22 %r

Apr

78 y2 May

Feb

27% Mar

Jan

Chemical common..5

————

Grocers

47c

Feb

National Hosiery

7c

Apr

National

common..

7Vic

3,000

6c

Jan

11c

May

National

Sewer

33 Vic

35c

6,500

22c

Feb

39c

Jan

National

Steel

Pipe
Car

Feb

May

21,100
60

31% May

37

Jan

41

30

41

41

May

8%

8%

350

May
'

8%

8%

12

10% Mar

85

12

340

10%

Apr

12 ya

255

21

May

23%

24c

Mar

22

21%

1.79

1.44

1.79

59,700

45

46

225

22%

23

875

22%

9% Mar

12

*

class A——*

Apr

12

11%
12

22

_•

16c

31%

•

class £>

Petroleum

6c

57Vic Mar

Jan

13c 14 %c

31%

———5'

•

4.00 May

3.00 Mar

16c

41

13 %c

*
25

Preferred
National

Feb

'

:

Breweries

7Vic
34c

19%

8*/o

25

3%c Mar

30c

37c

34c

common

Brass

Mosher Long

13%
48c.

11%

1,000

18»/4

—1

'

Morrison

13

44c

1,10

2,600

48c

e%

.

Locomotive

Corp
Preferred

51,935

12%

18%

Knitting commmon
Porcupine

15

13%

A—

2.00

%

May

Vic May

4.40

class

8V2C May

19%

^1

-

Containers

Jan

2.00 May

Jan

3c

45c

12

6.00

Apr

1.75 May

147,000

1.85

4.55

1,000

7%c

2.00

Oils

Moneta

2.00

5'/ic

12%

Corp

Montreal

2.00

6c

Lt & Power new com.

Milton Brick

Mining

r

May
May

106
16

Mar

15%

7%c

—

Martln-McNeely

Apr

Feb

15%

—

Jan

.

Milling

Grain

31c

102

—

May

Jan

2.76

181,600

3.30

May

4.10

Mar

10c

17c

.

2.11 Mar

7,500

52c
3.15
3c

Goldfields

2,99

58c
3.20

85c

Jan

IOV4C

1,225

2.83

1

Jan

Jan

5c

320

—1

Mines

McCabe

3.20

3.20

1

1

Gold

Marcus

3.25 Mar

2.65

61c

10*/2

Consol

Leaf

Apr
May

2.70

9%

Maple Leaf Gardens
Maple

15%

class A

Madsen Red Lake Gold Mines—

Maralgo

Mar

16

I

Export

&

9% Mar
31c

39c

B

Manitoba

May

"

Apr
Jan

1
—

MacLeod-Cockshutt

Malartic

75

May

8%
13c

May

—1

Mines

River

Manitoba

3

33

Mar

75

200

52,250

Feb

;

•

—-

Mines

Magnet

30

Apr

34% May

.

*

M)

Macfle Red Lake

Class

9

62c

—1

Lowney
(Walter
Lynx Yellowknife

MacDonald

75

9

21c

10c

30% Mar

365

75

9

1

class

32%

19c 22 Vic

75

100

(Marcus)

London

McMillan

32%

•

B

Macho

32%

43c

May

5% May

Feb

May

4%c

400

Groceterias

Loblaw

10c

5% May

45

5%

6,500

31,700

II,200

1
—

1.80

Jan

10%c May

May

5%c

15,215

17c

6c

1

Hedley Mascot

77c

Jan ■'

Apr

1.34

Mar

14%

47c

Feb

4c

1

Lake

64c

Jan

5.30

11% May
49c
Mar

8%c

Jan

3.80

*

A

1,226

8c

11% Mar

19%

;

18c

an

93c

16,000

12 %

3 95 Mar

3%c

149,200

12

56c

44c

43c

5c

1

class

64c

15 %c 19 %c

12

8c

13 Vi

3.80

*

Gold
F)

39C

45c

Apr

3 Vic

1

Harding Carpets
Harricana

Jan

Mar

20

Mar

10c

45C

1

Apr

21 Vi

*
Mines

1.44

15c

Jan

496

1.10

1,350

•
•

Long Lac

Apr

9%

3 Vic

•

Gold

Mar

80c

Mar

4.75

1

Bros

12c

5%c

Hamilton

Rock

19

19%

4.60
13 %c

Lexindin Gold

13

50

1

Hamilton Bridge
Hard

Feb

1

Lencourt Gold

50

6c

1

1

Cotton

50c

4.70

*
•

A

Gold

8,700

—1

Swavze

Halliwell

7c
May
20% Mar
17 %c May

Mar

15 % c

3

Jones

&

20 c

14c

*

Hallnor Mines

10c

—I

•

Mines

Secord

Laura

Lav/son

9%

14 %c

•

preferred

Apr
71% Mar 1

4%c Mar

4,325

—1

Lapaska Mines

Moore

Hahn

24c
11 %c

Jan

18,900

*
1

Sons

13%

17c

1

.

Lake

7c

Jan
Feb

19

_*

Cadillac

13 Vi

17c

1

Gunnar Gold

Gypsum

13'4

1

Mines

May

4c

445

17c

I
•

Gold

Lamaque
Lang

9%

•

10

Guaranty
Trust
Guayana Mines

Jan

6c

8,000

16C

Mid-Continent Oil
Great

Apr

82c

May

*

—

21%

•

Faper common

preferred

Great

1
*

52 Vi

9%
19

10 *4

*

A

Bousquet

Class

52%

50

Preferred
Gordan Mackay class A

Jan

15 Vic

43%

1,959,880

70

5 ViC

1

Mining—

Preferred

Goodyear Tire common

24C

15%C

J.

Leduc-West

100

Power

preferred

Mar

18 %

1

Ltd

Mines

Luz

Macassa

Gatineau

Jan

55c

19

*

Mines

Wasa

Leitch

12%

29

19,800

31

CO 0

•10c

17c

1

(1945)

Shore

Lake
Lake

Mines

Apr

Apr

30

320

13c

100

Preferred

Frobisher

42

30

*

common

9,500

89,717

8%c lOVic

23c

;_1

—

Rowan

Apr

11%

24

4,951

30%

*

Gold

Cos

Freiman

36%

10 %c

*

Co

Francoeur

14c

13c

Little

100

Foundation
Fraser

36%

*

B

Mar

,

4.50 May

Feb

12%

Osu

Lake

8

Jan

1.05 Mar

I,300

Lake

125

Apr

5>/eC Jan

10

*

Class

4.75 May

36

*

•

Mar

Mar

10%

class A

Ford Motor class A

15c

21c

,

May

14%

Manufacturing

Fittings Ltd
Fleet

12c

4,n,5 Mar

6,290

6c
4.40

•

common

4.45

125

1

Petroleum

Federated

—

100

Preferred

Federal

—

4%c Jan

64c 72 %c

Ltd

Gold

Lake Lingman

28c

4.75

May

19

Jan

36 Vic

•
*

59c

1

6%

230

common

9,698

Jan

1

4.50 May

111,062

Grain

lOVeC 12 %c

Feb

20c

1

Laguerre

221,012

Falconbridge Nickel
Famous Players

10 %c

.1

Lake

Labrador Mining & Exploration—.

18

Insurance

Kirkland

Kirkland Townsite

Labatt (John)

32c

Equitable Life
Eureka
Corp

50,571

Apr

8c

Apr

*

Ltd

Apr

72c

A

57c

.1

Mines

Jan

28c

class

May

13Va C

.1

Gold

Kerr-Addison

Apr

66c

Brass

50c

68%

6%

17%

Gold

2,500

50c

4%c Mar

13,000

17c

*

7.40

18

Sol

7%C

1

Mining

2.65

30c

El

7c
16c

14c

Feb

66c

Empire

11%

17c

68 %C

Jan

1

1

33

Jan

1

-

May

1

Pen-Rey

Apr

8%

1

;

nn

20

El

29%

8,811

1

4.40

2.05

Gold

Eldona

3,351

11%

'

Mines

Eddy Paper class A
Elder

•"33

10%

<

S

104% May r

Jan

7c

2.50

Mines.

110:

Jan

:: 17% Mar
30
Apr

31%

——•

Kirkland-Hudson

Malartic Mines.

103 104 Vi

Mar

49c

Jan

Kelvinator

•

Mar

17%

Kelore Mines

410

East

36c

17%

.

May

8

14% May

Jan

29%

Quebec Mines

830

7c

9*/2

17%

Gold

Joliet

9%

15 Vic

Steel

4,800

37% May
38

Mar,

Apr

May

11%

•

Sullivan

40c

7

——100

—

Ltd

Mines

22%

1

Eastern

38C

Jan

32 V2 Mar

29%

—

Mines

*9%

East Amphi
East Crest Oil
East

40c

29%

:*

A

Mining

11%

7c

East

892

33

22 Vi

47c

Leduc

13%

11%

9%

1

Ltd

Mines

13

•

11%

•

Gold

.

13

•

1

Woollens

Duvay Gold Mines

Doiama

47

50

International Nickel Co common

*

23.50

dominion Textile common

Donalda

20

19

35

180

8

:

,—25

preferred
class

——

:—•

Dominion Tar & Chemical pfd
Dominion

47

19

•

90

38

8

International Petroleum

Jan

31

50

B

i

—

37%

8

38

May

27% May

30%

25

preferred

Steel & Coal class

Dominion Stores

—

37

0

A

*
1

International Metals

Jellicoe

Dominion

37

37%

•

32

common

Mining

Preferred

Apr

20%

Apr

,100

27%

Acceptance

preferred
Ingersoll Machine class
lnglis (John) & Co

Feb

40c

•

—35

& Steel-

Dominion Magnesium

100

Industrial

Jan

•

Dominion Dairies preferred
Dominion Foundry

17*/e

Jan

8%

7% May

25,200

__1

:

Producers

Discovery

17c

Ltd:

Mines

Rio

Detta

class

B

40%
.

Jan

Jan

Apr

1,99 May
46

Feb

19%

May

-

May

23 y* Mar

42

(2134)

The Commercial and Financial
Chronicle

CANADIAN
RANGE

Friday
STOCKS

Week's

Range

New

Calumet

Low

29

100

1.55

1.60

4,125

10 %c

12c

5c

4%c

6%c

32,000
15,200

27

for Week
Shares

1.41

Feb

Low

Feb

29
1.84

Biscoe

Apr

Sladen

Gold

46c

7%c Mar

12c

May

Slater (N)

Feb

3c

7c

Mar

Southam

May

South

Mines-

1.45

1.33

1.45

57,000

95c

Mar

1.46

1.20

1.03

1.20

44,710

66c

Mar

46c

50c

50,200

31c

Jan

50c

50c

Z

common

Stadacona

New Jason

51c

New

Marlon

Newnorth
New

Rouyn

May

43c

Apr

56,050

5%c Mar

10c

May

26c

34c

38c

7c

5c

5%c

New

Oils

7 %c

9%c

13,866

10 %c

8c.

Merger-

Thurbois

11c

Jan

2.72 May

18c

20c

3c

Feb

7c

Jan

7c

7%c Apr

Nlpissing

10%c

Mines

Norgold Mines
Norlartic
Normetal

Norpick

North

76,875

9c

7c

10,500

2%c

Jan

63c

70,650

40c

Jan

1.11

69%

70%

2,000
2,750

66%

Jan

1,000

3c

Jan

70

_____

______

4c

Mining

Steel

60c

111,925

79c

1.00 Mar

50c

Apr

1.18

Gold

Apr

74c

21,202

8c

28,700

4c

40c

3,600

39c

Feb

47%c

13c

35c

232,875

6%c

Feb

35c

7c

Jan

12c

6%c

Feb

9%c

2.46 Mar

Co

of

Canada

5,500

8c

Taku

May

common

7%c

9%c

41,500

9%

9%

230

5%

5%

50

6

6

120

5% May

1.93

1.93

6%

2.02

Apr

9,635

1.79 Mar

2.33

22c

24c

Apr

30c

1.74

O'Brien

Gold

1.72

1.75

Apr

4,100

23 %c

18c

25c

41,100

Specialties
Mines

Ogama-Rockland
Okalta

Oils

O'Leary

Malartic
Gold

Omega

10 %c

—

Omnitrans Exploration

4%c

5%

9%c
4

%

3,300

12c

9%c May
5% Apr

20c

i"_

Mar

Jan

2.24

Mines

2%c

6c

117,800

3%c Feb

400

Jan

13c

12c

5%

Pacific

Petroleum

Hershey

5,000

8%c

Jan

15c

10c

39,000

5%c

Feb

10c

1.30

106,700

1.00 Mar

Western

6c

8c

31,500

4%c Mar

10

9c

5.60

5.80

4.20

Feb

6.35

46%

44%

Jan

47%
1.58

5%c
38c

41c

1.30

13,600
2,000

_

1.23

Jan

3%c Mar

128,800

Jan

17c

Union

5c

6c

10,000

3c

Feb

4%c

5c

6,500

3c

Feb

5c

3 %c

3%c

4,500

2c

Jan

29c

29c

3%c

34c

24,000

55c

46c

63c

16c

May

21c

16c

:

16c

1.80

75

117,432

27

May

7%c

**

9,935

1.70 May

3.10

700

trust

3.50

3,250

3.10 May
3.00 Mar

3.70

5c

6%c

35,500

3c

Jan

7c

68c

69c

68c

Jan

82c

55%

56

1,840

95c

1.10

15,000

85c

Mar

98c

1.05

1.10

76c

Jan

1.05

1,426

15%

Jan

18%

17%

Jan

3%c

Apr

8c

May

18%

21%

735

Jan

1.84

18%

6,000

Jan

2.05

Feb

8%c
1

Preferred

4

8%c

1,000

6%

6%

6%

325

47

47

40c

48c

21c

Quebec Labrador

47

48c

—,

17 c

24c

6% May

8%

May

7,600
98,650
12,700

30c

Mar

48c

15c

Mar

24c

75c

Feb

1.53

1.78

Mar

20%

22%

393,266
10,410

95c

21%

18%

Jan

55c

46c

55c

23%

1,000

3.10

11 %C

17c

91,410

36c

40c

2,240

27c 31 %c

40,220

40c

Apr

97c

36c

Regcourt
Reno

6%c

Wood

common

11c

Lawrence Corp

1st preferred:.

9

Gold

Jan

16%c

13c

10%c

13c
29c

17,500

32

32 %

705

100

98

98

98

90

10c

10,000

7c

Mar

14c

II
&

Power

50
50

Breweries

12%

13

4,081
131,700

8.85

Feb

9%c

146,500

3c

10c 13 %c

4%c

19%
16c

413

,

5,500

Silverwood Dairies

a

class

Preferred

IIIIII




"II"

ioo

17

16%

178,650

28

165

55

110

20%

20%

75

5.60

--

3,953

17c

54

55

17%

13c

27%

17c

6.00

44,084

30c

34c

34c

17,850

14%

Jan

11c

Jan

17c

26

Jan

29 % May

52

Jan

55 % Mar

20

May

22%

Jan

3.50 Mar

6.60

May

19c

Jan

19% Mar

May

34

May
May

7 %

8

2,525

6%

Feb

3.30

3.25

3.50

12,450

2.91

Feb

6.75

7.10

10,159

5.80 Mar

10

11

21.000

Feb

7.10 May
12c
Apr

18c

22C

1,409,500

2c

Jan

22c

28c

30c

12,700

25c

Mar

41c

Feb

30c

31c

5,000

20c

Jan

40c

Mar

ft

14 %

"

14%

100

Jan

9.30

7,065

14% May
7.90 Feb

15%

8.75

9.50

Jan

44%

6,184

36

46%

Apr

5%

5 %

9%c

9%c

94

94

5

7%C

7%c

7 %c

1,000

58

57%

60

475

30c

45c

66,330

•

45c

&

Apr

60

Apr

7c

Feb

14%

Apr

16%

Feb

31%

Jan

27%

275
45

23%

Feb

99 %

Feb

45c

May

27% May
102

Mar

12c

49.000

c

8c

15,000

4c

Jan

8c

Apr

€c

9c

134,000

4c

Mar

9c

May

4,179
270

33%

Jan

99 %

May

16,000

3%c

Feb

1

36%

38

99%

100

8c

7 %c

pfdll—160

9%

c

8%c Mar

13c

Apr

42

Apr

100%

Apr

9%c May

115

1

39 %c
21 %c

115

20

115

Apr

14

14 %

225

13

Mar

15%

Jan

2.05

2.05

ZZZZl
f

Jan

May

9c

28% May

37

;

4%c Mar
49

195

99%

Mines

94

9%c

5

Zinc

Bear

Jan

9%c May

May

125

I*

Mines

Yellowknife

6

Mar

15

100 100%

7 %c

—____*

6c

94

29

I__ll00

Lead

1,500

27

27%

8c

1

4% Mar

■

15

100%

1

common

300

Jan

28%

15

10c

~ZZ

(Alexander & James)

Yellorex

94

CNJ CO

common

May

42%

"*

Zl
I5

Apr

44

5%%~ prefl—Too
1

6%c

8

4.20

9.20

"•

W)

ZZZZl

Toronto Stock

2.10

6,253

2.05 May

2.27

Jan

41c

178,600

22c

Apr

41c

May

19,000

17c

Feb

25c

Apr

19,462

75c

Jan

28c

21c 22%c

1.18

1.17

1.20

120

Apr

1.33

Apr

Exchange-Curb Section
Friday

19%
16c

21% May
17% May

Canadian
Canadian

Feb

Canada

50%

Jan

57% May

57%

125

3.30

3.40

-3,093

4C

4%c

<1,500

6%c

7%c

6,600

14%

25

3.30 May

3%

4.05

Apr

5c

May

Feb

5

Corp

14
25c

9c

Apr

Fairbanks

Canadian

Western

40c

Feb

40c

H,

580

23%

Feb

25%

Jan

deHavilland

160

47

Apr

53

48%

Jan

53

!|

53

%

Disher Steel

25

16

t'il.OOO

2.50

54,052

42c

253,150
5

"

22

26%

19

19

92c
10%

Feb

42c

Jan

17%

"

1.91

Jan

2.65 - Apr:

20

Jan

22%

150

19%

Jan

22

20,200

7.50 May
20c Mar

38c

\

16

19

35

Mar

8.85

Apr

Jan

May

191

99

40

29%

325

24%

24%

24%

1.110
249

48c

9%
92

Jan

Jan
Jan

26% Mar
24

98

Mar

Apr

92

•

21 %

21%

21%

ZZ*

690

21

Feb

12%

13%

150

com__III_*

12

Mar

14

Apr

52

53

105

39

Jan

55

May

100

18% May
21% Feb

19

May

2.13

92c

27

100%

May

130

4.10

5,020

1.08

1.13

360

2%
89

Jan
Jan

5.65 May
111

May

22% Mar

25% May
5% Apr
113 %

Apr

Oil

Groceterias

Inc

~

Minnesota & Ontario Paper
Niagara Wire Weaving
Flour

-Jv-r.g

47c

17,250

32c

Mar

49%c May

24

24%

95

16

Jan

16

16

25

12

Jan

45%

46%

365

40%

Jan

20%

20%

100

15

Jan

3.50

3.70

2,467

30%

31

205

27

Feb

36 % Mar

49%

48

50

5.300

37%

Jan

50

22

22'%

1,110

19%

Feb

23%

27%

27%

80

4,335

22%
—

3.15

Jan

27% May

27

Mar

16

Mar

47% May
20 % May
4.10

Apr
May

Apr

28

May

21

May

21

19%

21

17%

Jan

22%

22%

22%

6°t

22 %

Jan

24%

Feb

21

21

95

19% Mar

21%

Apr

3%c Feb

4%c May

Z*

common

Selections

il

40c

20%

—e

5.00 May

26 % May

3.70
common

Jan

Jan

46

—

3.50

17%

16

IZ-JiZ"

16.300

16,855

24

!

5.00

26%

30%

Bridge

4.75

23%

40c

Aircraft
common

Paper

ZZZ*

4%C

4%C

4%c

1,500

1

I

;

Pend Oreille

Price

19

25%

Feb
Jan

26

5.80

5.80

5.95

1,625

81

82

150

63%

Jan

82% May

53c

53c

53c

754

41c

Feb

54c

40c

40c

Mar

42c

May

7%c

lie

1,300
24,060

30c

10 % c

6c

Apr

11c

May

May

10% May
99

30%

19

25%
'3.85

__

3.25

4.80

Utilities

Oil

142,950

890

ill

International

Dgilvie

Apr

32,584

111

Hayes Steel

Loblaw

May

5.65

-Apr
Jan

9

29 % May
101

105

Lumber.

Paper

Foothills

Jan
Mar

4.65

May

Apr*
1.20 "Jan

335

l

29%

98%

10c

922

22

7.60

Dryden

14%

1.05 Mar

Dominion

May

109

Dalhousie Oil

May

5

24%
82

5.65

!___ —1

International

22

22
7.50

25

53

Range Since January 1
Low
High

100

common

Consolidated Paper

47%

1.17

55

Vickers

24%

1.17

260

98

Investments!!

Industries

Canadian

30c

1.17

29%

98

Morse

General

47%

39 c

29%

14% Mar

-

1.104

Sugar!—.
I

Vinegars

24%

51% Mar

.<

9

98

Canadian Marconi

May

High

8

1

Dominion

Jan
-s,

Low

I

and

47%

'.97,200

.->•»

Jan

May

Shares

Paper.—1__*

common

Canadian

for Week

*

Preferred

May

Sales

Range
of Piiccs

Par

,

.»

Pulp &

Week's

Last

Sale Price

STOCKS

Jan

99

98%

Apr
May
Apr

common

Electric

Apr

Jan

98%

98

Apr

....

Gold

6c

85

10

Apr

62c

j

17%

110

99

93

40c

II III 00

Co

99

99

Feb

32%

Feb

•

Columbia

98%

10%
10

50c

Jan

Mar

*

(George)

Canada

29%
...

Grocers

Brown

99

24

A

Class B

May

Mar

Mar

15c

—50

-

British

Jan

__

Silverw'd Western
Dairy preferred

13c

7c

24c

25%
45c

27%

Products

Jan

Jan

19

class

May

2,300

"III1

common

Jan

14

81 %c

13

30c

Mills

4%c

12%

90c

May

10% Mar

14,360

•

Jan

135

7.50

Mines

Feb

175

35c

6.45

(Q

Apr

535

16

common

1.39 May
10%

Jan

21 %c

Asbestos

17%

21%

Apr

9% May

58c

—25

Andian National

20%

2.9f)

1.01

167

7.10

Apr

17%

2.36

May

8

15%
18%c

20%

common

Mar

31 %c

25c

Jau

49c

40c
50

45c

Jan

50 %c

I___I_I_.

28% May

A

May

Canadian Funds

Feb

37 %c

35c

12 %c

Apr

May

35c

Mines

Mason

24%

com

17c

52c

Hill

Jan

14%

preferred

3.65

Feb

•

_

Combing
Wright-Hargreaves

Yale

Feb

Feb

6c

6.000

26c

Apr

Feb

_____

preferred

Simpson's Ltd

7c

j/
A

50

Jan

•

■,

Mar

25c

6%c

class

Miller

27,500

4c

Voting trust certificates
Sigma Mines (Quebec)
Sllanco Mining

Silver

14c

57%

13

29c

May

3.35

Sherritt Gordon

Silknit Ltd

15 %

17%

Shawkey (1945) Mines
Shea's Winnipeg Breweries
class
Sheep Creek Gold

Sicks*

Feb

27

,

13

1.66

14 %c

Mar

7,500

20%

Mines

B

12 %

3%c

13

•

Apr

70

19%

common

Senator Rouyn Ltd
Shawlnigan Water
Class

15%

5c
29

2,250

11c

Gold

A

11%

39c

preferred

series

Feb

27%

__

4%

9%

Feb

May

32%

4%c

___

Ltd

385

4c

2%c Jan

27%

common

2nd preferred
St Lawrence Paper

Scarfe

11%

13c

v

Sannorm

85

27%
12%

„

Industries

River

8,600

38c

i

Antonio

28,000

8c

Ryanor Mining

San

7c

28

28

13

2.92

May

May

10c

185

175

Apr

May

May

1.42

4,600

10

175

3.30
62c
15 %c

1

2.75 May
7c
Apr

4%c

11c

9%c

Roybar Chlbougamau
Rupununi Mines

Sand

2.03 Mar

1.28

9%

Feb

Mar

11%

11%

E<ank

2nd

43c

5c

A

Royalite Oil

St

Mar

1.20

10

'

Wool

Jan

28

28

Long Lac
Rochette Gold
Roxana Oils Co

Russell

1,300

34c

1.03

3%c

73
A

Roche

Royal

18,300

2.75

1.25
■

32%

Winora Gold

1.78 May

15%

Gold

Riverside Silk class
Robinson Little
Class

39c

2.70

-

31 %c

1

Preferred

Jan

Reef Petroleums Ltd
Reeves MacDonald

2.31

19.700

15c

39c

III*

A

t

Ltd

Winnipeg

Feb

28,900

Quesabe Mines Ltd

85c

Jan

12c

,

3.60 May

Mar

3c

2.97

0

Resources

(Hiram)

Win gait

May
May

1.70

76c

40c

31,500

3.CI0

A

Preferred

48% Mar

Quemont

76c

51,900

13c

3,750

Wlltsey-Coghlan

Jan

47

Quebec Manitou
Queenston Gold

Mining

15,277

62c

•

Winchester Larder

2.25 May
10c
Apr

6%c Mar

2.99

55c

1.47

Z*
Zl00

Feb

12c

,

1.42

Cotton

Western

Apr

1.71

2.25

Mar

2.25

2.75

2.85

1.42

Amulet

Walker

Apr

12%

1.75
1.80

60c

5%c Mar

8c

12c

Mines

Waterous

Weston

1.75

18,500

17% May
23
May
24% May
10 %c May

Feb

28,000

Western Ashley Minerals
Western Canada Breweries

May

2.16

Metals

Preston East Dome

Prospectors Airways
Purdy Mica Mines
Purity Flour Mills common

Gold

19%

Jan

Mar

20%

25c

Gold

Feb

56

Apr
Mar

10%

Westeel

Feb

4,600

18%

75c

Apr

1

class

West Malartic

Feb

19%

16%
20

4%c

IIIl

class

Oils

Wesley

Apr

4,600

1.09

Corp

165

Wekusko Consol

3.45 Mar

42% Mar

May

7c

Steel

Waite

Apr

certificates

60c

20c

I"

Canada

Wabasso

1.95 May

3.35

55%

Powell Rouyn Gold common..

1,185

24%

--

Mar

69c

River

23

24 %

1

preferred

Violamac

May *"**

6%c

Gold

22%

Vulcan Oils

16c

3.05

B

Villbona

29

Jan

3.35

Porcupine Peninsular

Quebec

13c

1.70

2,000

3.05

Gold

Pressed

27

1.75

Mines.

Oil

Power

16c

27

Petroleum

Voting

235

10,500

Ventures Ltd

Feb

16c

Engravers

Powell

17,850

12,500

Vicour

Jan

Petrol Oil & Gas

Reef

6Qc

17%

17,875

1

Works

Keno

Upper

Jan

3,100

May
Feb

34c

56c

Porcupine

roc

55c

Fuel class A preferred

United

Apr

26c

56c

Pioneer

6%

24%

-1

Corp class B

United

May

3%c

Polaris

Feb

50c

Mining

United

7%c Apr

5c

Gold

4%

9C

Trusts—

Finance

Class

7c
May
42%c May

5c

'

Gold

Crow

335

3.50

Petroleums

United

Feb

6c

40c

Paymaster Consol

Pickle

Apr

5%

22c 22 %c

Union Gas

Feb

Perron

Picadilly

5%

22%

•

Transcontinental

Apr

900

Partanen Malartic

Photo

Apr

35%

3.40

Elevators

May

12,170

46

1.23

5%c

'

Oil

Malartic

Apr

18

Jan

8%c

—

Preferred

Feb

1.25

Ltd

Mines

Paramaque Mines
Parbec

10%

Jan

j

Iron

Traders

Apr
May

1.30

46

Cadillac

Pan

Jan

27%

Feb

1.14

5.70

Tubes

Pandora

8%
13%

240

9c

Mines

General

Tower

Jan

7%

8 Vac

6c

Porcupine

600

1,710

34

22c

Towagmac Exploration

Apr

8c

Jan

9c

(Eastern)

Page

9%
17%

3.40

Silver Mines

United

Pamour

9%

16%
33%

12c

Gold

Toronto

May

Apr

63 %c Mar

1

■

Toronto

Jan

25c

1.25

—

Oslsko Lake MinesPacific

Mar

ZZZZl

Gold

Torbrit

Feb

6

Feb

5%

10 %C

Lake

51c

65c

I*

Gold

Tombill

Jan

ll%c

1.60 Mar

17c

214,400

C

5%

Gold

Orlac Red

7,220

■

Transvlsion-Television
Orange Crush
Orenada

53c

13c

,_1

Toronto

Wood

52c

River

Toburn

May
Apr

9%

Preferred

Oakville

May

Mar

•

_~_~25
Z-ZZZZ-*

Teck-Hughes Gold Mines
Thompson-Lundmark

Apr

8%c

_.

Cons

Sylvanite

3.30 May

Feb

•"

•

Surf Inlet

Apr

3.30

34c

common-

22

10c

17%

.1

-

Superior Oils Ltd—

Apr

40c

10c 10 %c

Mines

Feb

13,000

May
May

17

^

Sullivan

Feb

5c

3,15

—

North Inca Gold

North Star Oil

Mar

20%

590

12c

9%

Sudbury Contact

Jan

71

6%c

Mines

Mines—.

38

Apr

7c

Denison

Feb

53c

Steeloy Mining
Steep Rock Iron Mines
Sturgeon River Gold

21 %c May
9c
May

3.20

Gold

Northland

4c

53c

—

58c

Canada

32%

34

Starratt Olsen
Stedman Bros

Jan

13c

Jan

6c

1.06

Mines

Northern

Feb

55c

Mines

Noranda

4c

6c

—

75

21%

Preferred

May

59c

—

Mines

96c

37%

11c

Standard Radio class A

May

3c

2,500

18c

Yellowknife

Nicholson

Jan

21

Mines

Preferred

Nib

57c

67c

Apr

4%c

188,800
28,000
18,500

25%c May

5%c

...

Pacalta

New

34c

860,100

10c

Apr

54,350

12c

—

Mines

Gold

New Norzone

14,162

2.72

6 %c

New Norseman

47c

1.90

7%c

31c

Gold

37c

2.66

7%C

Newlund Mines

30c

93c

Zl-ZZ

Brazeau

Standard Chemical common
Standard Paving common

May

High

22,934

89c

t

L

1.20 May

46c

Co

Low

45c 49 %c

90c

Co

Range Since January 1

High

37 %

Malartic
^

New Goldvue

•

Sales

Range
of Prices

High

Mar

New Dickenson Mines.

■i

Week's

Last

Sale Price

STOCKS
Low

29

12c

—

15)

Range Since Jannary ]

High

29

1.60

Negus Mines
Alger
New Bidlamaque
New

MAY

Friday

Shares

.10

#—

MARKETS

ENDED

for Week

of Prices

Par

Trust

WEEK

Sales

Last

8ale Price

National

LISTED

FOR

Monday, May 22, 1950

.

' Bros

ZZZZ*

Apr

Southmount

Jan

Southwest Petroleum

Jan

Temiskaming Mining

Investment
;

I*
ZZZ*

5.05 Mar

6.10 May

May

Volume 171

Number 4909

.

The Commercial and Financial Chronicle

..

(2135)

43

OVER-THE-COUNTER SECURITIES
Quotations

for

Friday,

May

If)

Investing Companies
Mutual Funds-

Aeronautical

Par

Securities

Affiliated Fund Inc
Amerex

Holding

Bid

-1%
-10

Corp

Fund

Axe-Houghton

Fund

8.70

9.41

16.08

17.48

.1

of

Tr

Fund

6(4

—1
*

America

2%

104.61

22.29

24.10

Net

Loomis

asset value

_10c

9.40

Chemical

Fund

18.23

22.68

1

37.17
17.25

18.65

Preferred

.100 5,000

com

100

_

138

Commonwealth Investment
1
Consolidated Investment Trust.l

6.11

_

Delaware

Fund

Dividend

Shares

5,150
143
6.64

20%

25c

16.78

1.65

1.81

Eaton & Howard—
Balanced Fund

1

28.61

Stock

1

19.46

20C

First

Boston

First

Mutual Trust

Eqiupment shares.lc

29%
5.53

1

Fundamental Investors Inc.

6.17

6.76

lc

5.54

6.07

2

—

3.86

Industries

share3__lc

lc

4.44

16.61

Steel

shares

lc

4.58

Industries

General

Fund

Capital

Inc

4.48

Manhattan

Bond

7.45

Group

Ctfs
Mass

interest__l

beneficial

of

Investors

Mutual

30.36

32.82

Inc

Fund

2nd

Nation-Wide

National Security
Bond series

Stocks

lc

9.09
6.29

Petroleum

lc

5.21

Steel

stock

shares

Tobacco

Howe

,

shares

Plan

4.21

4.86
5.66

6.21

4.49

4.93

lc

Inc

6.27

6.83

1

4.69

5.07

10c

1.86

2.02

5

—

Incorporated Investors

25.41

27.47

Institutional Shares Ltd—
lc

Group shares...
Group shares

Bank

9.92

lc

80c

10.37
89c

Group shares-

lc

1.09

1.20

Stock and Bond GroupCo of America.

lc

13.17

10.69

Investment Trust of Boston

I

X8.86

1

16.19

I

Investors Management Fund

B-2

(Medium

27.49

9.72

16.55

B-3

(Low

Funds—
Bonds)

Grade

Priced

Bds)

Bonds)

28.75

.1

23.92

26.09

1

17.63

19.23

(Speculative

Bonds)

1

K-l

(Income pfd Stocks)

10.25
16.41

31.75

34.64

15.77

(Appreciation

Stks)_l

13.65

14.90

S-4

(Low Priced

Stks)__l

5.46

5.96

Fund

bl.35

1.15%

3-50

bl.35

1.15%

bl.35

1.30%

1.15%

3-1-50

12-

1-50

bl.40

1.25%

bl.35

1.20%

1.30%

4-

3-50

1-

2-51

bl.40

1.25%

8.35

9.15

2-50

bl.35

1.20%

1.35%

5-

1-50

2-

1-51

bl.40

12.78

1.30%

1.25%

11.66

2-

1-50

11-

1-50

bl.35

1.25%

1.35%

6-

1-50

3-

1-51

bl.40

1.25%

I

4.51

4.94

Funa.i

11.18

12.69

10.46

11.46

United Stales

12.44

13.63

12.93

14.17

1

9.94

10.89

May

25,

1950

bl.18

1.08%

1950.

11.29

12.37

June

bl.18

1,

1950

bl.18

1.08%

July
July

13,

l

20,

1950.

bl.18

Bid

June

8,
15,

1950

bl.18

1.08%

July

27,

1950

June

IS 50

bl.18

1.10%

Aug.

3,

1950

12.67

June

22,

1950

bl.18

1.12%

8.85

9.70

Aug. 10,

1

June 29, 1950

bl.18

1.12%

1

5.76

6.31

July 6,

bl.18

6.47

_l

8.94
11.03

Trading
(Geo) Fund

Putnam

Republic

3'/a

5

Investors

24(4

5

&

4

16.54
2.67

2.92

New

the

of

New

350

365

10

48

50

6.41

7.01

Brooklyn

100

142

147

102

105

Harris

Street

Television
Trusteed
Union

1

Investment

Fund

Bond

mJk*

Shares

Fund

series

25c

59.25

13.54

Chase

87c

Chemical Bank & Trust

A__^l
1

18.51

C

1

6.58

Union Preferred Stock Fund

1

20.50

Union Common Stock Fund

1

7.97

1

10.67

National

Trust

11.60

11.29

11.51

(White Plains,

20.47

Whitehall Fund Inc

1

17.84

19.13

Empire Trust
Federation Bank

Wisconsin

1

3.76

4.08

Fiduciary
First

2.50

8.00

9.20

1

2.38

2.67

Independence Trust Shares
North

Amer

Trust

Shares—

National

Companies
PM

Insur Co of

Jersey Insurance of N Y

25

73

Bid

5

Fidelity & Casualty__5

American

of

&

21

$2.10

Prior

53

$1.05

Convertible

18%

preferred

,—10

51%

54

preferred—5

25 %

27

Massachusetts Bonding
5
Fire Assurance——5

30%

32%

31 %

33%

Merchant

&

Mfrs

4

8%

9%

13%

17(4

American Re-Insurance

10

American

25

62 (4

65

10

62

65

31

33

Casualty

National

Fire

National

Union

(Detroit)—10

34

107%

10

61

63

_5

36

2

..

58%

61%

York

5

22%

24%

North

77'4

80%

Northern

10

7314

76

Northeastern

10

34

River

•
10
10

37%

•

63
67

39%
__

72

Fidelity &' Deposit of Md
Fire

Assn

of

Fund

firemen's

of

of

10
10

Phila.

^'Ireman's

Frisco——10

Newark

5

.65(4
...

65

86%
.21%

69 %

Glens

Falls

—

Globe

& Republic

Globe

& Rutgers Fire

2nd

Great

preferred

_

American

Corp
(Texas)

(N Y)

5234
13 %

Security
Springfield Fire & Marine

15

16%

Standard

Seaboard

Sdrety
(New Haven).

10
—10

10




34%
118

36%

36%
122

38%

*«

„

—12%

91

94

•.

fjrfj National Bank

United States Natl Bank

46%
92(4

95%

e

Trust_17%

41%

43%

20

25
Trust

89

12

8

100

Trust

640

Recent
Bonds-

48%

92

8%

Associated Tel

27/bS

1980

27«s

New

common

Rights

26(4

_6.25

(expire

1)

June

27%
1.02

92c

Security Issues
102%

Stocks (Continued)—

Ask

102%

1979

Bell Telephone of Pa 3s

102
105

105%

Lt

$2.04

103

1974

Conn

Edison

2%s

1980

102%

2VbB.. 1979

101%
101%

102%

Oregon

Power

102%

Pwr

$2.20

Power

*

—

53%

53%

100

106

3.90c pfd—50

Iowa Southern Util 5%%

pfd-30

103%

104%

.1969

102

103

25%

27

Illinois

.1980

100%

100%

~3%

Indianapolis Pwr & Lt 2%s. .1979

102%

103%

2%s_. 1985

100%

101%

108

53
•

53%

36%

37%

100%

Public Serv El & Gas 2%s_. 1980

101%

Edison

Power

2%s„

2%s.

Service Co 2%s
Power

Co

2%s

126

7%
141

63%

66%

16%

17%

*76

79

4%

32%

34%

Elec.

Power

7%

33%

10

97

8%
35

100

56%

34%

10

44%

36%
46%

36%

20

4%%

pfd

(series

1949)

100

$4.80 redeemable 1st pfd—-25

Lgt 4%% pfd—100

Public Serv of Indiana 3s_. .1979

104

105

Pub Serv of Okla 4.65%

102%

103

Rochester

Gas

&

Par

'

Bid

Ask

$4.25 preferred
Central

4.75 %

Hudson

-100

Gas

&

—100

preferred

8an

20

106%

108

pfd_100

28%

28%

109

106

108

100%

101%

20

21%

22%

100

107%

108

100

108%

108%

preferred

)

107
Tenn

Gas Transmission—

$4.65

106 %

105

Diego Gas & Elec—

4%%
105

Elec

;

Elec—

4.10%. preferred series H—100
Stocks—

19

Pacific Gas & Elec Co—

Tenn Gas Transmission 3s_. .1969

Blackstone Valley Gas & Elec—

104

Y State Elec & Gas—

Penn Pwr &

5%

4.60%

preferred

preferred

38%

2
4

——

Guarantee

Ask

56%

Light—

.1979

.100

WestcbcSJter.r»CK^.

Bid

55%

•

&

Hartford Electric

I

Par

pfd

preferred

102%

Central Maine Power 2%s_. .1979

&

preferred

Delaware

4.28%
Boston

Duke

^10

Fidelity & Guaranty Co

U S Fire

U. S.

68

_

Bank of Amer N T & S A—

670

Bid

Appalachian Elec

a

S

66

San Francisco

National
&

39

.

12%

&

37

Portland
„

25

Bank

305

17

20

Gas

.10

Accident

Travelers
U

Steamboiler

279

290
20

Trust

19%

100%

Fire

43%

60%

&

BanK & lrust—

18%

2

12 %

Fire

Bank

1,650

Maine Pub Serv $5.50 pfd.

—12%

50%

Hartford

295

Mellon Natl Bank & Trust—100

peoples First National

Kentucky Utilities $4.75 pfd-100

.10

——

Paul Fire & Marine

5

Hanover

Farmers Deposit Natl Bank—100

101%

10

Providence-Washington

5

Hartford

33 %
19%

103%

.5

31%

31(4

273

318

101%

5

.29%

96%

39%

t

103

3.33%

Accident

Republic

29%

38

365

Pittsburgh

1985

25

Reinsurance

5

10

Detroit
National Bank of Detroit

1984

67%

15

39%

Detroit

2.50
Co

10

common_5

100

58%

1,350

33

38

Conn Lgt & Power 2%s

10

St

General Reinsurance Corp

31
18%

31%
350

16

35%

309

20

47

10

23

375
630

100

41

Phoenix

89%

350

605

Cleveland

38

Pacific Indemnity Co
Peerless Casualty Co
Preferred

240

^

inn

100

44%

12.50
Ins

Pacific Fire

Federal

95%

93

100

On

39

36

Employees Group Assoc
Employers Reinsurance—

Savings

Central National Bank
Cleveland Trust Co
National City Bank

N

Fire

10

Inc—

&

Trust

5

New

Continental Casualty
Forster

232

10

Fire

Amsterdam Casualty
Hampshire Fire-;

Connecticut General Life
&

o?

100

Potomac

New

112(4

-10

33%

110%

36

New

.—25

<J11A

Northern Trust Co

24

20

Co Inc

Guarantee

Calif
National

Co

57%

19%

27 (4

17%

2(4

39

22 %

100 1,600
25
41%

Trust

States

37
107%

100

City Bank

Nat'l

64%

100 1.290

111%

54%

Casualty common—1

Merchants

1

38%

107%

20

50

19(4

American

36%

North America—10

25(4

26

.

Ranlr

Trust

Northern

229

Ask

76

Home

Maryland

Bank

Morgan

(J P)

62%

10

Trust

York

6%

10

Trust

National

6%

50

Manufacturers

?

SoHnnS

National Bank & Trust—33%

56

16

Trust

&

Kings County Trust
Lawyers Trust

United

61'%

54

TrvinSJ •SliS?1nk Of Commerce-10
Irving Trust
10

Shares—

E

N Y)

Trust

Guaranty

Unit Type Trusts—

Series

397/«
46

20

Co.

18.76

Trustee

377/8
44

Stamped
Corn Exchange Bank & Trust_20
County Trust Co

1

Diversified

15
10

Continental Bank & Trust—

l

4sk

17%

Bank

Street Investing Corp
Wellington Fund

Investment Co

Ask

219

Commercial National Bank &

21.92

B

2.53

24

Trust

78c

Scries

Fund Shares

T11.

12.42

•

»•>

Series

Income

York

56.75

Corp.*

Inc__

Industry

Bid

100

First National Bank

Central Hanover Bank & Trust 20

Sovereign Investors

4.35

5

City Natl Bank & Trust

100

1

5

28(4

& Fifth Avenue
Bankers Trust

1

•—

26%

12.94

1955

Assur

Co__10

54.11

Series 1956

4

Manhattan

23.29

Series

10

Par

Chicago

of

11.96

54.11

5.77

101

Companies

Ask

21.96

2.77

Bid

Bid

2%

:

60%

Crum

1.12%

York

Bank

*

'

Par

17.78

value)_»

59 (4

—

1.12%

bl.18

Shareholders Trust of Boston—1

Fund Inc
(net asset
Selected Amer Shares

58%

Fire

bl.18

Bank

97

Camden

1950

Aug. 17, 1950

Banks & Trust

25%

1

Fund

10

.

1.12%

15

1

—

10

——

1.12%

bl.18

12.09

preferred

10

Boston

1950

bl.18

—;

9.80

1

-

Life

Bankers & Shippers

1.12%

7.09

Casualty & Surety

Surety

Ask

1.12%

1.12%

1

equipment

Insurance

Automobile

Bid

10.07

Aetna

Newark—

Ask

20.99

Aetna

American Casualty

Treasury Bills

l
_1

stock

i

American Equitable

Ask

1.25%

1-50

2.53

Par

Automobile

Bid
bl.35

1-50

1-50

5.26

Insurance

Alliance

11-

8-

Title

American

Due

1-50

9-

Sterling

American

5-

10-

Public

Agricultural

Dated

1.30%

3-50

I

,

Bate

1-50

7-

New

Aetna

Ask

6-

3-49

1-49

—25c

Fund

Bid

1-49

9.19

$1.50

17.21

S-3

Trust

Due

910-

1-49

Pacific Amer Investors com__l0c

26.40

Lexington

Dated

1.35%

1-

17.90

24.20

Knickerbocker

Federal Intermediate Credit Bank Debentures
Rate

11.56

11.13

1

Appreciation pfd Stks)_l
S-l (Quality, common Stks)_l
S-2 (Income com Stocks)
1

K-2

com

.9694

11-

Wall

B-4

com

99.9572

19.15

United

Custodian

(Investment

1951

1

Petroleum

11.62

B1

1,

12-

Tobacco

14.43

1

Investment

Keystone

.9880

lVaS Jan.

l

State

Aviation

Insurance

99.9807

1.30%

stock—1

preferred

Scudder, Stevens & Clark

Income Foundation Fund-

1950—______

l

Steel

5.34

lc

lc
,

Fund

3.83

,1c

....

-

Utility shares

.0243

1,

2.79

lc

shares
_

.0172

100.0052

...

1.30%

equipment

Railroad

9.50

2.53

.0092

100.0106

;

1950

Railroad

5.72

8.67

Ask

100.0065

l'/ss Oct.

99.29
100.4

100.3

1950

15,

Pacific Coast Invest Fund
Public Utility

9.23

lc

.

Equipment shares

Railroad

8.42

.__lc

shares

Railroad Bond Shares
RR

lc

...

1955—

1,

Sept.

Oils

6.90

Merchandising shares
Mining shares

15,

99.28

l(4s

Metals

9.96

..lc

1954

l%s July

1950

1.30%

Machinery
Merchandising

8.51

shares

15,

l%s March

.0316
100.1

1,

11.54

Insurance

9.82

Priced

100

June

15.08

Electrical

8.11

Investing Company shares

1,1951

1%S March

1 %s

7.98

10.88

Diversified

Low

100.0096

l%s Oct.

.0308

Indpbtedness—

11.50

Diversified Industry

7.40

100.0088

Bid
ol

7.28

13.76

Diversified Investment

7.76

17.97

1

7.34

9.35

16.71

Maturity—
Certificates

1951 "B"

7.87 '

1

7.68

8.25

Ask

10.49

series

9.21

lc

100.4

10.62

8.40

shares

4.91

9.69

8.09

5.63

1%S July 1

4.33

4.49

l

6.69

bond

3.96

1

7.00

7.92

Bid

Treasury Notes—

5.44

7.20

1

7.38

General

101.28

100

1957-1955

1

stock

lc

Industrial Machinery shares lc
bond shares.—lc

1,

__i

lc

Institutional

Oct

3.44

4.98

1

_

.

—lc

12.07

Maturity—

1.30%

Aviation shares

7.52

100.3V

100.22

4.90

3.15

1

Chemical

Fully administered shares....lc

4.48

Inc—

Corporate bond

5-13

1%S

119%

1955 1953

7.42

Bank

Securities—

7.22

6.79

1

Building supply

11.02

99.29'

1953-1951

1,

100.4

118%

1961

1,

Feb.

7.19

Aviation

5.70

...lc

7.52

6.58

1

Series

6.88

l

Agriculture

5.27

shares

11.42

l

18.97

Chemical

15.63

10.56

1

„

Series

Group Series

York

14.56

1

Low Priced Com Stock Series
New England Fund
New

17.09

1

Series

Industrial Stock
Selected

15.46

J

Series

Series

60.39

Electrical Equipment shares.lc
Food shares
lc

i

1%S July 1, 1951 "C"

Series

17.55

..._lc

l%s Jan.

U. S. Certificates of Indebtedness

Series-

Stock

Speculative
Stock

15.62

l

Corp

Low Priced Bond

Income

14.37

Securities—

Balanced. Fund

National Investors

Preferred

14.60

1

Inc

Automobile shares

:

Inc_l
1

Boston

15.78

1

of

56.16

shares

Ask:
99.24

Dollar Price

Fund

Mutual Invest Fund Inc

18.20

Building

Bid
99.18

1952-1950

2%s
100

Panama Canal 3s

1,

<*

h

Issues

Investors -Trust—

1

Agricultural shares

l%s May

Central Bank for Cooperatives-

8.16

Fund

1

General Investors Trust

100.1

100.1

4.94

10c

;

.—1

Corp

100

100

15, 1950
15, 1951

5.05

lc

shares

Automobile
Gas

point

a

Bonds—

4.89

shares

Petroleum

6.13

lc

___

series

4.64

3.50

32nds of

more

3.73

31

Funds Inc—

series

stock

4.21

or

Federal Land Bank

4.49

2.38

.10

stock

Common

4.28

3.38

31.63

2.16

Fund—

3.88

1.35s Sept.

Other

4.07

4.33

29.26

Inc_l

Corp

Franklin Custodian
Preferred

4.32

—5

Industrial Fund

4.20

shares

lc

20.81

Financial

3.81

one

Ask

l%s Feb.

lc

30.59

Equity Fund Inc
Fidelity Fund Inc

lc

Bid

50.12

Home Furnishings shares
Non-FerroiiS Metals

22%

15.26

.1

Fund

50.12

Equipment shares-lc

General

39.97

.1

Christiana Securities

lo

Funds-

Electrical

19.71

20.70

_

34.65

Automobile

9.41

5

—1

—

34.65

Sayles Second Fund—

Managed

Mass

Century Shares Trust

•

Net Asset Value)

i

Figures after decimal represent

Ask

Paper

Bowling Green Fund Inc—
Broad Street Invest Corp
Bullock Fund Ltd

Bid

Federal Home Loan Banks—

(Net Asset Value)

2%

100.43

III1

Inc

7

Par

Loomis Sayles -Mutual Fund—

4.35

.5

.

Corp

Inv

Boston

36%

1

B

Holdings Corp

Bond

4.02

Obligations Of Government Agencies

.1

Mutual Funds—

Business

Beneficial
Blair

Inc

4.88

34%

American Business Shares——1

Axe-Houghton

6.94

4.51

.

Ask

6.33

1

.

—10

2

470
55

485

Odd lot sale

Included

57

change.

(not Included In year's range).

68

llquidating dividend.

81%

85%

Issued,

21

22%

65

bBld yield price,

d Deferred delivery sales (not

in year's range),
e Ex-Interest.
IFlat price,
k Admitted to listing on N. Y. Stock Ex¬
nAdmitted to trading N. Y. Curb.
rCash sales (not included In year's range).
tExx

Ex-dividend.

•No par

value,

(Un) Admitted to Unlisted Trading privileges,
yEx-rlghts.
z Ex-stock dividend.

tin default,

wd When delivered,

tThese bonds are subject to all Federal taxes.

wl When

44

(2136)

The Commercial and Financial Chronicle

THE COURSE OF BANK CLEARINGS
Bank

clearings this week will show

Preliminary figures compiled by

based

us

increase

an

with

compared

a

year

ago.

telegraphic advices from the chief

upon

cities of the country, indicate that for the week ended

Saturday, May 20, clearings

for all cities of the United States for which it is
possible to obtain weekly clearings
will be 5.6% above those of the
corresponding v/eek Jast

Our preliminary

year.

total stands at $14,644,593,659 against
$13,862,162,441

this

center

there

is

gain for the

a

week ended

for the

same

week

Friday of 4.4%.

in

Our

1949.

At

comparative

Week Ended May 20—

1950

1949

S7.125.439.390

....

Kansas City

589.278.433

+

434,044.432

+11.5

—.

-

Cleveland.

+

Lancaster

326,794,000

days..

303,350.098

+

303.005.013

+

our

onds

issue of

next

week.

Saturday and the Saturday figures

5.9

Total

In
we

the elaborate detailed
able

are

to

+

6.5

South

740,988.828

—

9.7

West

ending May

13.

For that

week

there

was

today, inasmuch

increase

an

481,604 in the

week in

same

1949.

to

of

as

present further

previous

2.2%,

the

—

below

the week

aggregate

of

$13,780,413,736' against $13,487,loss of 0.5%, the

a

clearings at this center having recorded a gain of 4.7%.
We group the cities
according to the Federal Reserve Districts in which
they are located and from this
it appears that in the New York
District (including this city) the totals record a
igain of 4.5%, in the Boston Reserve District of 5.1% and in the
Philadelphia Reserve
The

Cleveland

Reserve

District

shows a decrease of 5.2%, but
the Richmond Reserve District
registers an increase of 2.4% and the Atlanta Reserve
District of 2.6%.
In the Chicago Reserve District the
totals are larger by 0.6% and
in both the St. Louis and
Minneapolis Reserve Districts by 1.1%. In the Dallas
Heserve District there is an improvement of
2.9%/, but in the Kansas City Reserve
District there is a falling off of 6.5% and in the
San Francisco Reserve District of 1.1%.
In the

we

furnish

a

summary

Federal

May 13—

Srd

Philadelphia

4th

Cleveland

—12

11

-

1

7

—

6th Richmond

6

—

Atlanta

10

7th Chicago

-.17

Inc.

$

Dec.

520,504.036

+

1943

or

%

$

5.1

547,837.323

(4

10

11th Dallas

6

.10

Total
York

Federal

769.474,804

423,237,921

413,278.439

+

2.4

412,731,911

397.791.845

612,916,044

597,508.617

+

2.6

619,573,052

937,318.440

932,065,669

T

0.6

989.115,535

Tennessee—Knoxvllle

7,475.768,463

3.3

962.184.035

893,021.307

5.2

789,588,025

797.232,091

M

439.053.128

+

1.1

459.931,173

8,636,362

—18.6

6,720.712

6,009.330

281,973,059

—10.0

270,308,628

269.921.993

769.474.804

5.2

789,588,025

797,232.091

7,243,856
160,772.956

156,638.973

302.452,927

325.424.886

0.5

36,991,900

28.241.300

+ 28.2

5,097,046

+

+

6,902,235

4.093,330

2.565,420

6.6

2,831.833

2.560.140

11,785,000

9.0

11,798,000

11,141,090

110,715,879

2.3

109,319.159

107,400.992

3,143,550

9.4

3,494,938

3.853.543

204,313.948

1.7

208,238,673

202.122.230

80.754,642

9.3

77,049,258

70,713.937

413.278.439

2.4

412,731,911

397,791.845

15,965,073
70,196,413

213.200,000

215,300,000

4,735,997

Macon

Mobile

+

3,960,904
86,206,523

91.243,870

Alabama—Birmingham

+

4,172.615

3.895,300

94,760,588

Flo rida—Jacksonville

—

84.919,158

—

+
+

7.5

18.643,565

16,714,513

0.6

—

73,626,630

64,158,273

1.0

222,900,000

232.600,000

13.5

4,582.908

1.7

4,176.856

3,394.461

9.9

85.007,379
88,316,944

81,185,503
84.500.825
7,456,753

7.5

3,882,633

6,581,450

6.794,584

3.1

Mississippi—Vlcksburg—.

7,483,418

435,272

393,141

+

21.9

Louisiana—New Orleans-

463,457

442,957

112,749.142

109.595,201

+

2.9

114,371,895

108.983,711,

612,916.044

597,503,617

+

2.6

619,573,052

603,319,690

+

20.3

1.460.033

1,347.900

+

9.2

11,198.202

10.139.454

4.2

7,441,307

—21.2

6,468,177
6.705,096

+

9.4

56,764,000

53.270.000

+

26.8

7,037,292

Total (10 cities)

Seventh

Federal

—

Reserve District—Chicaro—

Michigan—Ann Arbor

1,533,654

10,335,443

5,852,527

Indiana—Fort Wayne

1,311,111

11,284,737

Grand Rapids

Lansing

6,103,146

4,553.373

5.779,407

Indianapolis

60,115,000

54,972,000

South Bend-

9,041.605

7,128,618

3,169.213

2,865,155

66,507,248

61,997.227

3,915,969

—

3,528,016

Terre Haute

—

Wisconsin—Milwaukee
Iowa—Cedar Rapids

+ 10.6

t

5,588,857

5,592,743
t

7.3

59,266.457

54 037.085

+ 11.0

3,869,271

3.354.173

25.325,076

+

Des Moines

30.019.327

26,625,259

+ 12.7

Sioux City

28,261.831

14,152,544

14.053.344

+

0.7

13,382,953

1,473,184

1,242.726

+

18.5

1,270.802

971.645

712,813,276

1.7

769,584,305

770.996.703

3,242,863

2.884,110

12.4

2,929,816

11,867,474

2.644,393

11,729,749

11,435,820

10.702,493

Illinois—Bloom ington

our

+

1.1

371,985,802

321,030.157

452.250.063

6.5

465,509,291

427,785,526

2.9

307,334.051

252,832,394

7.7

751,072,887

660,324,560

44

290.696.083

282.484,698

729,343,679

789,907,112

+

44

13.780,413,736

13,487.481,604

6.654.321,651

detailed

~

6.634,503.548

statement showing

2.2

14.152.631.548

13,345.767,461

0.5

+

6.944,370,228

6,534,284.368

the figures for each

1949

$

Inc.

1,755,054
4.250,355

+

445,436,592

427,913,973

2,374,646

1,953,683

Lowell
986,870

988,623

New Bedford

Missouri—St.

Louis

or

1943

$

1947

3.8

1,970,053

1.961,936

7.1

4,618,061

4.285.126

+

4.1

447,799,317

442.494.945

+

21.5

1.934,247
919,483

659,754

—

0.2

Island—Providence

Hampshire—Manchester

+

7.5

2,250,379

+

11.9

8.553,372

Ninth

Federal

Reserve

5,835,790

+ 12.0

6,154,025

5,350,305

25,585,849

28,225.290

9.4

26.671.885

25,654,906

11,598,790

10,529.226

+ 10.2

12,154,944

9,963,612

27,749,700

+

29.6

33,275,400

26.220.200

1,337,348

+

12.2

1,536,157

1,286.957

520,504.036

24,766.589

39,043,335

Bingham ton

—

+

5.1

2.864,746

2,982,948

78,143,291

74,205,653

—36.6
—

547,837,323

529,150.875

2,018.604

Jamestown
1.934,960

New York..

1

1,712,842
1,997,473

+
+
—

30.301,163

27,300.236

4.0

4.318,931

2.952.385

5.3

80.618,464

84.528,083

1,778.795

1.886,251

.

.

17.9
3.1

2.554,125

2,151.060

Dakota—Fargo
South Dakota—Aberdeen

Northern New Jersey—
Total (12 cities)




106.260.960
81,975.640

1,916,528

439.053,128

2.7

255,900,000

232.500.003

4.8

116.383,354

105.325.269

7.3

85,504.866

35.409,281

+ 13.0

2,142,453

1,829,825

+

1.1

459,931,173

425,064.363

—

-

+

5.367,247

4.7

6,369,200

6.374,987

231,656.883

+

0 2

260,842,153

219.459,491

82.222,082

+

5.9

82,982.114

75.184,275

5,412,120

6,836,536

—20.8

6,796,194

5,432.410

2.935,078

4.7

3.361,202

3,106,943

3,658,164

3.574,943

+

2.3

3,466.371

2,896,053

9,112,596

8,838,375

+

3.1

8,168.063

8.525.931

345,731.668

'

Helena

341,931,149

+

1.1

371.985,802

321 030,157

—

Federal Reserve District—Kansas City598.943

—

654,697

—21.9

630.321

585,752

7,448,895

1.7

109,029,082

Omaha

609.388

511,280
7,576.366

—

Hastings

6.932,540

118.808,388

8.432,770
112,301.051

6,753,090

Wichita

7.165,834

+
—

1.7

8.2
5.3

—

408.805

7,750,832

367,071

110.030,100
5.993,852

12,350,867

291.527,261

9,565,827

10,148,064

2,703,206

2,413.433

+

12.0

2,338,792

2,506,360

1.934,453

2,339,935

+

7.1

2,013,175

1,720,139

422,664,065

Total (10 cities)

11,134,173

271,069,044

Missouri—Kansas City-.:
*
St. Joseph
Colorado—Colorado Springs—:

452,250.068

6.5

465,509,291

427,785,526

10.9

+
—

—

13,491.073

9,629,613

7.0

306,613,758
11.523.714

280,916,131

5.7

9.675,861

Eleventh Federal Reserve District—Dallas-

Texas—Austin

8,795,529

Reserve

_

District—San

19,122.372

16.4

13,790,375

13.561.434

42,346,722
52,58:'.059

7.380.437,893

11,997.395

+

8.8

13,719,408

10.617.823

+

17.1

808,856

721.246

798.454;
41,128,679

+

3.0

42,494,072

+

0.5

54,250,596

51.352.941

7,060.681,146

+

4.5

7,475.768.463

Pasadena

..

...

San Francisco

-

7,064.930.435

282.484,698

2.9

307.334,051

252,832,394

3.1

114,353.932

+

Francisco—
114.705.161

—

+

2.9

3,713,769

3,646,318

4-

4.7

149.273,528

103.614.406

54,625.162

+

0.1

53,990,355

45,235,316

14,615.988

4.

12,699.162

11.608.025

4.

359,466,940

426.812.626
11.593.296

4.376,585

6.8

tNot

available.

9,484,680

+

9.398.887

8.029,919

384.759.503

370.687.891

5.9

10.538.614

11.174,171

4.200.448

+ 16.1

8.801,093

8.601,809

+

789,907,112
13,487,481.604

6,654.321.651

6.684.508.543

Total (10 cities).

11,912,042

9.4

15.8

13,780,413,736

__

Grand Total (112 cities).
Outside New York

♦Estimated.

96,403.939

3.483,627
139.660.970

729,343.679

Stockton

39,303.511

52.304,809

2,951,862
8.347,156

12,274.870

Santa Barbara

+

4,470,027

11,314,244

15,609.826

San.Tnse

12,305.947

8.078,000

+ 10.7

—11.8

3,584.255

_

California—Long Beach

6,811.483.093

22.872,358

+ 10.8

4,201,634

54.685,422

_

Utah—Salt Lake City

7.208.261.320

24,877,736
5,152,000

10,970,117

111.116,016
_

Oregon—Portland

4.7

204,558.000

27,824,073

146.229,510

_

11.1

6,945,640

247,466,000

290,696,083

Washington—Seattle

+

8,181,702

1.9

4.649,265

Federal

—

5.027,000

+ 10.2

+ 13.7

+

9,673,043

Total (6 cities)-

Yakima

24,803,771

5,572,000

Wichita Falls

Twelfth

229.503,120

28,212,230

Galveston

7,979,056

233,794,016

Fort Worth

+

934.673

i

248.900,000

2,796.015

Montana—Billings

19.230.555

13.055.230

w

973,234,215

5,593,919

North

6,802.973.056

14,325.975

Newark

989,115,535

87,060,936

St. Paul

21,371,959

Hew Jersey—Montclair

o to

232,097,918

Minneapolis

7,126.092,085
.

Syracuse

Connecticut—Stamford

■f

District—Minneapolis-

Minnesota—Duluth

Second Federal Reserve
District—New York

Elmira_

932.065,669

7.203,054

547,291,138

York—Albany.

3,412.804

443.692,150

Louisiana—Shreveport

Total (12 cities)

4,565,193

3,809.673

2,165,184

2,259,256

8,047,745

1,500,821

_

1,916,749

35,964,000

.

New Haven

5.621,752

8.0

87,986,475

1,810.274

—

6,537.556

Connecticut—Hartford

13.5

111,340.491

4

Lincoln
4

9,002,964

Worcester

+
+

242,200.000

Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy

Nebraska—Fremont

2.059.692

Springfield

1.2

5.125,135

3,566.947

937,318,440

Kansas—Topeka

1,638,593

Fall River

+

5,814,563

city for the

May 13

Dec. %

4.554,765

Massachusetts—Boston

+

13,843,872

3,850,973

Total (17 cities)

Tenth

$

_

—

425,064.366

341,931,149

422,664,065

Maine—Bangor.

Rochester-!

4,054,258

14,763.701

Total (4 cities)—

443,692,150

First Federal Reserve District—Boston
{•mmm

Buffalo

32,928.600

5,198,742

1.0
1.0
4.7

—

—

7,064.930,435

345,731.668

<1

44

Clearings at—

Ifew

280,759,111

70,490.724

Nashville

Georgia—Atlanta

973,234,215

4.5

+

Week Ended

Wew

7.395.262

153,728,152

603,319.690

+

—

44

1950

Rhode

893,021,307

Louis—

888,342,738

week ended May 13 for four
years:

Portland

962,134,035

$

7.060,681,146

44

City.

add

3.3

Reserve District—Atlanta-

Total (7 Cities)
now

+

423,237,921

(6 cities)

-

We

888,342.738

529,150,875

729,121.159

.

Outside New

1947

917.963,496

44

44

4

7

—

10th Kansas City

12th San Francisco

5.799,330

3.437.925

Peoria

7.380,437,893

44

6th St. Louis
Vth Minneapolis

6,197.136

83,257,152

Springfield

CLEARINGS
1949

547,291,138

York.—

6,936.552

6.1

207.852,151

Decatur

by Federal Reserve Districts:

BANK

$

—

New

4th

OF

1950

Reserve Districts

2nd

9,472,833

+

2.734,036

Rockford
SUMMARY

1st Boston

+ 13.7

700,374,136

following

Week Ended

3.969.404

12,850,000

Co'umbia—Washington

the week

bank

District of 3.3%.

5,146.560

appear

has to be estimated.

Outside of this city there was

30.2

108,156,657

Augusta

clearings for the whole country having amounted

+

5.6

+

Sixth

we

4,108 868
8,301 020

Virginia—Huntington

Carolina—Charleston
Maryland—Baltimore

by the foregoing will

week

2.475.991

Federal Reserve District—Richmond-

13,121,173.613

which

2,268,200

729,121,159

Virginia—Norfolk

statement, however,

5.536.181

5.7

253,833,337

(7 cities)

6.5

give final and complete results of the

3.128,790

7,222,666

+

7,028.122

4.2

cases

3,069,365

—11.0

33.032,400

+

Accordingly, in the above the last day of the week in all

3.9

+

5,795 235

858,000.000

7.7

not available at time of going to press.

are

2,726 366

992.307

3,631,360

6,469 507

^

+

We cannot furnish them

922,000.000

1,390.904
1

267,437,945

2.612,573.760

covered

3,582,130

3.3

+

7,323,695

Pennsylvania—Pittsburgh

Total

for the week

—17.8

1,110,433

Reserve District—Cleveland—

+ 10.7

219,366,370

$14,644,593,659 $13,862,162 441

Complete and exact details

1,168.578

155,216,918

669,216,189

Total all cities for week..

935,249

1,121,263

917,963.496

-

Mansfield

District of

in

Federal

$13,121,173,613

All cities, one day

4.1

9.436,290

cities)

13,975.377.470

-

S

6.865,413

Jersey—Trenton

2.722.626.215

days

1947

$

8.3

—

2,575, 936

5.350,106

York

Richmond

Total all cities, five

1943

9.9

—

—

3,925 264
851,000 000

5.159,256

$13,975,377,470

Other cities, five days

1.075.

2,722.449

Wilkes-Barre

Youngstown

7.5

+

340.947.383

—

Ten Cities five

2.834.009

Scranton

Fifth
•

879.000.000

Cincinnati

2.7

321.677.257

737

3,225.714

Philadelphia
Reading

Cleveland

4.1

-

351.148.000

-

..

Baltimore

261,573.994
280,900.000

230.177.029

—

1,235 .391
1,078. 364

969,104

Columbus

272.306.729

—

——

Pittsburgh

1,233,175

«

(11

May 13
or

Dec. %

District—Philadelphia—

Ohio—Canton

6.4

296.900,000

——

—

San Francisco

Inc.

1,167,980

Chester

Fourth

+36.0

940.000,000

506.446.776

_

St. Louis

4.4

+

801.638.691

-

%

%

$6,824,787,453

1.000.000,000

—

-

Boston.—.

Reserve

Bethlehem-

Total

New York___

Philadelphia

Federal

Pennsylvania—Aitoona

New

Clearings—Returns by Telegraph

Chicago

Third

1943

I

Delaware—Wilmington

for the week follows:

.summary

Week Ended

1950

Monday, May 22, 1950

4,796.258

3.866.556

+

8.330.999

8.181,366

7.7

—

2.3

751,072,837

660,324,560

2.2
0.5

14,152,631,54313,345.767,461
6.944,370,223

6.534,234,363

Volume 171

Number 4909

The Commercial and Financial Chronicle

...

(2137)

Company

Foreign Exchange Rates
-

-V Pursuant to the requirements 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:
...
RATES

CERTIFIED

FEDERAL

BY

MAY

12,

1950

TO

RESERVE

MAY

18,

BANK

TO

1994

6

1887

2

1887

UNDER

TARIFF

ACT

OF

New

1930

mortgage 3%% bonds, dated 1936England Electric System, 3% debs., due

New

TREASURY

Orleans

1st

Public

mortgage

;

May 15
$

May 16

May 17

$

$

Preferential
;

.297778*

.297778*
.206949*

.206949*

.174562*

.174562*

.174562*

.174562*

.138953*

"Australia, pound
Belgium, franc
Brazil, cruzeiro','

.138958*

2.231573

Closed

.138958*

2,231573

.138958*

2.231573

.0199250

.0544060

.0544060

Union

.901875

.208500

.208500

.208500

.0200600

.0200600

.0200600

.0200600

.909090

.144938*

.144938*

.144938*

.00285937

.00285937

.203700

.208700

.208700

.208700

.115680

.115680

.115640

.262650

.262650

.262625

.262625

2.772896

2.772896

2.772896

2.772896

2.772896

Closed

American

Co.

.140154*

.140154*

.140154*

.496125

.496125

.496125

.496125

.0345333

.0345428

.0345821

.0345857

.0345857

dollar

.327358

.327358

.327358

.327358

.193329*

.193329*

.232800

.232900

.232950

2.783750

2.783750

2.783750

2.783750

2.800742

2.800742

2.800742

2.800742

2.783750

Closed

2.300742

.658327*t

Pratt

.658327*$

.658327*$

.561797*$

.561797*$

.561797*$

.425531*$

.425631*$

.425531*$

1st

.425531*$

Cold

certificates

Redemption

Mav 10,

for

F.

1949

$

22,513,432

fund

May 18,

1950

—

$

10.998

,

—

3,997

—

77,203

R.

1

notes

524,645

Total
Other

gold

ctf.

reserves__„

23,038.077

cash

Discounts

204,853
and

advances

79,470

Industrial loans *_
U.

8.

Govt.

2,541

9.999
+
—

—

12,721

11,005
22

4,099,275

164,200

Certificates

5,771,150

+

22,900

Notes

,

1,619,400

+

16.000

5,910,700

'—

:

Bonds

Total U. S. Govt, securities-

;

81,200

—

17,400,525

Due

F.

loans

from

R.

Bank

securities—

17,482,536

foreign banks-

notes

Uncollected
Other

and

of

other

banks

1,904

+

+

and

refund,

A

—2,305,803
—2,997,398
—

+

13,121

+

727,137

+

May 10,

34,730

+

135

136,556

+

4,423

+

Total assets

44,260,394

+

545.811

25,302

Commercial,

—

49,079

—

chasing
U.

41,512

and

dealers

Government

U.

S.

bank—reserve

Treasurer

—

16,123,351

acct.

gen.

acct.

425,835

Foreign

1,022,177

Other

270,891

deposits

Total

,

Deferred
v

17,842,254

availability

Items—

Other liab., inch accrued

Real

2,735,013

divs.

13,120

+
—

+
—

+
+
—

216,397

liabilities

43,386,024

+

107.062

4,215
25.283

83.267

—

+
—

599,748

U. S.

—2,490,163

503,053

+

268,394

772

+

838

541,469

—2,695,188

for

for

purchasing

or

Other
'

215,767

(Section

7)

(Section

13b)

capital

of

to

serves,
f

note

!

gold

securities

475

loans

4,541
323

loans

4,674
securities—Total

35.899

1,744

Indebtedness—

of

,

with

In

4,316
5,756

24,083

securities

5,584

Federal Reserve Banks

11,733

vault

Balances

with

787

domestic

banks

—

4,233

16~652

to

44,260,394

+

545.311

—2,645,737

2,151

—

—

—

5,385

0.1%

3.7%

—

+

4,352

91

+

1,333

89

+

1,416

55

—

principal changes for the week
'ended May 10: Decreases of $91,000,000 in
loans, $47,000,000 in demand deposits
adjusted, $68,000,000 in demand
1 deposits credited to domestic banks, and $64,000,000 in
borrowings.
<
'Commercial, industrial, and agricultural loans de(creased $66,000,000 in New York City,
$16,000,000 in Chi¬
'

cago,

and

increased

porting

was

member

a

$9,000,000 in the Philadelphia Dis¬
net decrease of $55,000,000 at all re¬
banks.
"Other loans" increased $30,-

000,000.

;

banks

.York City.

in

the

15,489

1,817

,

+

New

York

District

outside

of

New

July

income

debentures,

1

1996

May 29

1787

due 1990-July

1

1672

May 25
May 25

1788

,

stock

due

In

this

1958

1788

Jun

1

1891

Jun

1

1789

preferred stock—July

1

7
5

+
+

1,253
300

and

deposit accounts,
U.

8.

Govt,

+

—

812

+

1,788

9

—

—

9

+

—

20

—

6-2

6-30

6-20

(stock

dividend)

payments will

rate

5c

of

Scale

+

Electric

&

Gas

(quar.)

preferred

(quar.)

Estate

D.

47
1

+

prior

+

2

+
—

+

(increased)
Co.

A

—

and

Co.,

stocks

A

^

A

<quar.)„

NOTICE

Company

and

OF

Issue—

D.)

&

Inc.

(quar.)

Consol.

mortgage

3%-6%

Page

—May 22

Angeles),
3%
participating
Participating

Steel

(quar.)_
—

&

common

Guaranty ' Co.
(s-a)—;

preferred

(s-a)

PARTIAL

York

Corp.

Shuron

Optical

Ltd.,

7-

1

6-19

7-

$1.37'/2
$1.37(4

bonds, ser. H, due 1973..Jun

1

1986

(increased

Co.

1

6-19

50c

6-10

6- 1

6-15

6-

7-

6-15

bonds, due

1961
Jun
1
cumulative preferred stock.May 31

1784
1784

bonds, due 1965

Jun

1

5

6-10

5-15

6- 3

9-14

25c

6-15

6-

7-

1

6-8

6-15

5-31

5

6-15

6-10

45c

6-15

6-1

6-12

6-1

7-

1

6-15

7-

1

6-15

10c

6-15

6-

1

5-20

quar.)

75c

6-30

6-16

10c

6-22

6- 2

6-

5-20

$1.25

6-15

1

25c

6-10

5-31

35c

A

6-

6-15

$ 15c

(quar.)

6-16

6-15

$50c

class

6-30

7-

3

1

6-1

;

5-3i

tlOc

60c

3

5-31

7-

3

5-31

30 c

6-

1

5-25

8-

1

50c

6-30

6- 5

6-30

6-5

8-31

8-5

Ltd.—

pfd.

(s-a)—

Bag &

Paper, 4(4% pfd.
for
redemption
on

called

$106.50

share

per

Edison

preferred

preferred

7-

t$1.25
$$1.25

75c

Inc,

Advance

1 at
dividend.

6-5

12'/2c

.

Aug.

1

6-3

6-15

(quar.)

B

Issue

9-

6-13

1

(quar.)„

Metallic

25c

$ 10c

6-

5-22

1

6-13

$25c

Dairies, Ltd.,

Southern California

plus

this
——

Co.—

(quar.)

(quar.)..
3%c

81'Ac
$0.265625
34 %c

preferred

25c

6-

1

5-23

6-

1

5-23

6-1

5-23

6-

1

Pacific

5-23

Southwestern

Co.

Co.,

com.

preferred (quar.).
Southwestern States Telephone Co.
Spalding (A. G.) Brothers (quar.)..
Carbon

Sprague

Co.
(quar.)
Electric Co. (increased).—.

)
v

6-10

8-

1-15

$1.25

(quar.)

Investment

convertible

6-30

$1.20

8peer
1B85

1

1

(quar.)

Silverwood Western Dairies,
5%
preferred
(quar.)

5%

Corp.—

6-16

7-

common

preferred

Silverwood

Southern

Florida Power Corp., 4.90%
Street Union Depot Co.—

3%%

25c

7-

Page

Fort

1st mortgage

'6- 5*

37'/2c

Power

mortgage 3(4%

3

$2

(Frank G.). Company (quar.)
Shenango Valley Water Co., 5% pfd. (quar.)
Shepard-NHes Crane & Hoist

4%

Date

Chesapeake & Ohio Ry.—
Ref. and improv. mtge'. 3%%
Eastern New

7-

50c
—

1996

REDEMPTION

Company and Issue—

6-15

6-30

$1.50

—

.)

15

5-26

1

60c
—

-

1986

bonds, series A, due 2039-.Jun

-6-20

7-

12'/2c

—

(quar.)

prior preferred (s-a)—.
Seminole Oil & Gas, 5% pfd.

4.32%

6-30

25c

———

.

Company

(Los

Entire

1

5-26

6-15

50%

Haynes,

Lines, Inc
Title Insurance

Southern

6-12 :

15c

25c

Original
Uate

Century Investors, Inc., common stock
Philadelphia Transportation Co.—

9-

50c

•

(G.

Sleight

6-1

1

25c

&

Class

1

1

12 (/2c
.

dividend

Seatrain

5%

TENDER

6-

7-

10-

$50c

(quar.)

4%

notes,

6-13

50c

Ltd.—

class

Extra

Searle

vious week 23,846)

redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
the current volume (except where indicated) in which
the details were given in the "Chronicle."

5-31

$1

(quar.)

—

90

for

6-1

6-15

'!

25c

preferred (quar.)—„
Corp., common (quar.)

Silknit,

called

6-30

40c

25C

common

Manufacturing

Security

list of corporate bonds,

a

common

5-18

$1.25

Shattuck

preferred

1

$3
(quar.)

Company——
Inc. (quar.)——

participating

Extra

(San Francisco district).

Below will be found

6-

50c

(quar.)

Safety Car Heating & Lighting Co.
Sarnia Bridge Co., Ltd
Schlage Lock Co

149

Notices

5-31
6-15

(Washing¬

convertible

Textile

Ryerson

497

—

64

Bit

preferred

Ruud

721

68

Inc.

Insurance

preferred

Roller

5-19

1

7-15

93%c

(H. H.) Company (quar.)—
Royal Crown Bottling Co. of Louisville

236

+

6-

6-15

93 %C
■,

C.)
(s-a)——
Hosiery Mills, common

Silk

$2

960

28

—

+

+

Title

Riverside Silk Mills,

15

-f-

$40c
$2c

Robertson

9

—

24

'

30c

preferred

$4

1,463

56

+
—

cash

$1.18%

5(4%

1,231

—

in

$1.50

Service

Rlegel

1,789

25

made

Ltd

(accum.)
Co.—

Reed

597

43

—

—

be

1

share

per

Corp.,

Reeves Brothers,
Reynolds Metals

(Revised figure-pre21,265

figures revised

Inc.

Company

Public

5%

4,786

—

3

+

Holder*

2%

Real

612

+

When

Payable of A«o.
5-26

ton,

122

17

+

Co.

6-

Raybestos-Manhattan,

except

accounts,

Shart
Coal

3%%

455

+

30

+
—

12)

Industries, Inc., $4.75 pfd. (quar.)
Ralston Purina
Company, common (quar.)_

59

19
45

—

page

Publicker

60

—

issue.

Mines, Ltd.Public Electric Light Co., 6%
pfd.

479

Redemption Calls and Sinking Fund

1st

1890

stock

..

Holdings of Treasury certificates of indebt-




pref.

Preston East Dome

92

+

__

8,898

.

-—

•'

$26,000,000

prior

series G
Ry.—

3%%
1

*

Holdings of Treasury bills decreased $9,000,000 at all
reporting member banks; the principal changes were
(decreases of $47,000,000 in
Chicago, $26,000,000 in New
York City, and $24,000,000 in the Cleveland
District, and
increases of $28,000,000 in the Kansas
City District and

1996

Co

preferred
Corp.—

Electric

1

July 14
stock—May 31

1966

6-26

'Potter

543

1,082

following

$5

due

6-12

Sharon

The condition statement of weekly
reporting member
banks of the Federal Reserve
System in leading cities

trict; there

,

during week

371

17

1668

50c

at the

;

1,306

the

deposits
deposits:

Foreign banks

•May 3

132

>1461

.July

bonds,

Light Co.,

Consolidation

Fractional

+

indus-

loans

-shows

demand

Interbank
—.

for foreign

make

S. Government

Interbank

Debits to demand

56,7%

accept¬

on

U.

«

1

July

25c

1949

133

25

—

46.881

Borrowings

Condition Statement of Member Banks
:

,

21,463

+

re¬

combined-—

purchased

Commitments
trial

+

+

1847

30

Jun

6-12

Stock

Demand deposits adjusted

Domestic

correspondents
'

11,337

deposit and F. R.

Contingent liability

1

+

1955

convertible

non-cumulative

Real
137

,

142,887

-

certificate

liabilities

ances

104

27,543

accounts

Total liabilities & cap, accts.

(Ratio

+

488,173

1884

Jun ,.;T

Plywood,

carrying:

obligations

U. S. bonds
Reserve

—

714

1,073

banks

Government

Other

"1991

Forgings Co. (quar.)
Plymouth Gil Company (quar.)

pur¬

—

Treasury bills
Treasury certificates
Treasury notes

523,175

240,398

Page

8
30

50c

•

paid in

1998

'2038

Jun

Per

Liabilities—

Capital

1674

Co.—

3(4%

1st

Pittsburgh
Pittsburgh

Capital Accounts—

'Surplus
Surplus

1892

Jun

Name of Company

.

obligations

Government

estate

Other

—2,173,192

Cash
Total

.

S.

Loans to

Member

'

DIVIDENDS

carrying:

or

&.

Other loans

474,257

due

(Continued from

t

13,365

to- brokers

Other

22,795,637

&

•Announcement

industrial, and agricultural

loans

Loans

—2,645,737

Deposits:

Gas

Pneumatic

Loans—gross-

2,269

stock

stock

A

Tide Water Associated Oil
Co., $3.75

May 11,

1950*

24,918

Liabilities—

.Federal Reserve notes

6%

(In millions of dollars)
66,401

D.

1

May 3,

1950

Assets—
Loans and Investments—Total

531.374

pfd.

cum.

class

mortgage bonds, due 1978
Staten Island Edison
Corp., 4.90% preferred
10 East 40th Street
Building, Inc.—

inc. (+) or

9,837

+

—

&

preferred stock,

3%%

Dec. i—) Since

Other securities

'

1

CALLED

General and ref. mtge. 5%
bonds, series A,
Carolina Electric & Gas Co.—
3%% 1st mortgage bonds, due 1973

member banks follows:

20

43A%

Gas

Controls

cumulative

Louis Southwestern

of the assets and liabilities of reporting

summary

1,260,300

110,537

assets

*

1

•

Jun

Co.—

&

mortgage

Borrowings decreased $52,000,000 in New York City
$24,000,000 in the Cleveland District.

—2,529,700

201,727

Coal

Electric

and increased

946,650

65,400

ISSUE

Corp.,

each in the Atlanta and St. Louis Districts.

89,753

—

—

3,253,076

premises

1970—

South

deposits adjusted decreased $158,000,000 in
City and $41,000,000 in the Cleveland Dis¬
trict, and increased $44,000,000 in the Kansas City Dis¬
trict, $41,000,000 in the Chicago District, and $24,000,000

693,499

—

190,700

29

items

1,

York

Loans—netTotal

—

St.

Demand

New

69,117

—

Securities:

Bills
•

+

999

edness increased $27,000,000 in the San Francisco Dis¬
trict and a total of $9,000,000 at all reporting member

Holdings of Treasury notes increased $24,000,000
in the Cleveland District and decreased
$20,000,000 in
the San Francisco District; there was a net decrease of
$20,000,000 at all reporting member banks.

decrease (—) since

$

1892

Date

Electric Co.,

Puget Sound Power

banks.

Increase (+) or

1950

June

mortgage bonds,

Service

4%%

dollars)

May 17,

&

Robertshaw-Fulton

Reserve Ranks Combined

Assets—

1891

1

Apartments,

1st

Public

merchandise.

Statement of Condition of the 12 Federal
of

1
•::>

Issue—

Consolidated

5%

.658327*$

.561797*$

.425531*t

thousands

1395

Brothers, 6% cumulative preferred stock
Jun
5
Mt. Vernon-Woodbery Mills,
Inc., prior preferred stock.Jun 20

4%%

(In

1890

1

bonds, due 1968——Jun

Lit

.658327*$

•561797*t
;

tApplication depends upon type of

1890

30

Co.—

Inc.—
2nd mortgage income
bonds, dated 1936
"Guantamo Sugar Co., $5 cumulative
preferred stock
Lipton (Thomas J.), Inc., 6% preferred stock

.193329*

.233000

Delaware

.327358

.193329*

.233100

sterling

1787

1

California—

International

Rochester

<■

of

and

Gas

Coca-Cola

.496125

pound

f.

s.

ENTIRE

.140154*

peso

Africa, pound

•Nominal.

Oil

Company

.140154*

franc

South

May 25

:

series,

Co.—

.208700

.115653

.193329*

United Kingdom,
Uruguay, peso
•Uruguay, peso
Uruguay, peso

1889

.00285937

rupee

pound

1995

1

1st lien &

.262677

of,

1

Jun

ref. mtge. 3(4%
bonds, series C, due 1973.Jun 16
Westinghouse Electric Corp.—
2.65% 25-year debentures, due 1973
....July 1
Wilson & Co., Inc., 1st
mortgage 3% bonds, due 1958__Jun
1

.144938*

krona

of

.901250

.115673

Zealand,

Switzerland,

.909090

.901875

.00286000

-

Norway, krone
'Philippine Islands,
■Portugal, escudo
Straits Settlements,
Sweden,

.909090

.901875

.208500

.00285937

Netherlands, guilder
'New

Union

.144933*

Dominion
peso

.909090

.0200600

:

(Metropolitan), franc

Mexico,

Gas

debentures, due
Virginian Railway—

.203500

Denmark, krone
India,

Natural

2%%

Czechoslovakia, koruna

bonds, due 1961__Jun

mortgage pipe line bonds, 3% series, due 1969
Jun
Tide Water Associated Oil Co., $3.75
preferred stock.—July

.0544060

.901875

France

Co., 1st mtge. 4(4%

1st mortgage pipe line
Tennessee Gas Transmission

.0199250

.0544060

.909090

1883

1

1st

.0199232

.0544060

rupee

1

July

States Power

3%

2.231573

.0199267

Canada, dollar—

Ceylon,

1974————

mortgage

Southern

.138958*

2.231573

.0199339

Official

due

due 1979-Jun
Revere Copper &
Brass, Inc., 5(4% preferred stock___Jun
Sherwin-Williams Co., 4% cumulative preferred stock__Jun

.297778*

.206949*

.174562*

"B"

Special

297778*
.206949*

1359

Jun

1967

1994

1

Inc.—

bonds,

1st mortgage bonds,
due 1958
Public Service Electric & Gas Co.—
1st and ref. mortgage
bonds, 27/a%

'May 18

$

.206949*

"A"

Service

3(4%

1

Jun

Co. (Wis.) —
3% bonds, due 1979—
Poll-New England
Theatres, Inc.—
1st

.297773*

Preferential

*

May 13
$

Basic

'■

•

Northern

New York

Money

peso—

Page

.

& Johnson, 4% 2nd preferred
stock, series A_Jun
Kansas City Southern Ry., 1st
mtge. bonds, ser. A & B_Jun
Mead Corp., 3%
1st mortgage bonds, due 1966
Jun
Minnesota Transfer Ry.—
*

-

May 12

Argentina,

'

15

North Shore Gas

'.

Date

Johnson

1950, INCLUSIVE

Noon Buying Rate lor Cable Transfers In
Value In United States

Country and Monetary Unit

v

__Jun

•1st

EXCHANGE

Issue—

—

Jo - the

FOREIGN

and

International Rys. of Central America—
4% debentures due 1961——

45

6-19

1

30c

66-

1

20c

6-

1

5-29*

1

25c

5-16

5-16
v

5-15

25c

6-15

6-8

17'/2c

6-15

5-25

30c

6-15

5-26

•

46

(2138)

The Commercial and Financial Chronicle

Per

Name of
Standard

Company

Oil

(Ey.)

Thomus

Ttlo

Power,
Steel

4M*%

6'/c

Co.,

preferred

Title

Co.

preferred

A

Fund

7-

1

7-

1

3C

6-15

6-

6-

6-15

6-

6-15

5-25

50c

Union

Preferred

New

Stock

Corp.

share

U.

8.

Foil

Class

7%

of

for

com.

$5.50

prior

&

shares

Co.

Light

Co.

6%
Anchor

Steel

National

6-20

6-

1

(quar.)

6-20

1

6-

6-15

6-

Anheuser-Busch,

1

Arden

6-

5

Argo

8

6-

6-13

1

6-

6

7-

6-

6-19

1

6-19

6-

$1.50

1

5-

y2c

6-

1

8-

1

6-30

1

50c

6-

9

5-29

45c

..

7-

1

6-

$1.25

6-

1

6-

10c

I

6-10

6-

$5c

7-

5
3

6-20

(initial)

25c

6-15

50c

6-15

6-

7-

3

7-

1

7-

1

6-16

7-

2c

5

1

15c

6-15

6-

25c

:

6-

1

5-19

6-

1

$1.25

(quar.)

20c

Paper Co...

6-

50c

6-

1

Estate

Trustees

Works

7

5-29

6-

1

5-25

6-

1

Company (Mass.)

6-15

5-22

$10c

6-

1

6-30

Newspaper Machinery Corp.,
pfd.

37 Mac

com

(quar. )

6-

1
1

Wyatt Metal fit Boiler Works
Young (L. A.) Spring Sr. Wire

Youngstown Steel Door

Co.

6-30

6-

6-15

6-

6-

Name of Company

share-

Acadia-Atlantic Sugar
Refineries, Ltd.—
Class A partic. pref. (quar.)

Aetna-Standard Engineering Co.

Imperial
A

fpreferred
Alabama
$3.50

Gas

A

Diesel

V

D

common

£refe"ed
Gas

4%

87M2c

Allied

Corp.,

10-

1

•

6-

1

Co.,

common

Co.

of

50c

5-25

Inc.

5-25

25c

6-

1

7-20

$1

1

(Increased

l

6-

6-5
1

5-12

6-9

5-19

7.

6.

50c

(quar.)

$25c

x

6-1
flv r

160p

5-3
r

r

40c

6-10

rIir

70c

(quar.)..;

6-10

5-17

67Vic

6-1

5-16

50c

6,

i5c

6 _13

$1.25

5_2q

6-20*

40c

6-15

6-

6-10

5-25

fi-m

...

6-15

7-1

50c

(quar.)

(quar.)

5-31

2%

r.9r

6

6

6

—
.

American District
Telegraph

Co.

Ji—~~

(N.

Quarterly

Forging St Socket Co
American Gas 8t Electric
Co., com.
4%%. preferred—All

ZIIII
(quar.)

outstanding

called for redemption
this

,

$2

$110

per

General

preferred

piexerrcd

rIon
5-15

preferred

"

1__

e9c

.

Corp., $3
(quar.)

pfd.

Corp.

6-

1

Spinning

7-

1
1

—
„

,

•.




pfd.
.

...

(quor.).
...

..

6-3

5-17

1

5-25
6-

6- 9*

6-

1

5-17

Light,
(quar.)

7- 3

5-31

7-

3

5-31

6-

1

5-15

6-

1

5-15

6-1

5-13

$3

7-31

7-14

6-

1

6-

1

5-

8

7-1

75c

6-

2

5-19

50c

6-20

$5c

5-22

60c

(quar.)__

7-

6-1

5-12

6-

5-12

1

5-

1

5

$1.25

$1.50

(quar.)

com.

Co..

6-15

6-

32c

(quar.)_

6-

6-

1

5-20

6-

1

5-20

1.35
com.

6-

1

5-22

1

1

5-20

30c

6-23

6-

9

Sl.Oe1/*

(quar.)

6-12

6-

1

....

7-

25c

(increased)

-

30c

1

6-15

6-13

5-15

6-30

6-16

37,/2C
com.

6-30

6-16

25c

(quar.)

8-15

8-10

preferred

(quar.

$1.50

6-30

6-24

6%

preferred

(quar.)

$1.50

9-30

8-25

preferred

(quar.)_______

$1.50

12-15

12 Vic

6-12

6%
Blue

Moon

Foods

Investment
of

'

(quar,)—

(Sidney)
Bobbs-Merrill, 4Vi%

&

Company

preferred

Trust

beneficial

-

of

(quar.)

15c

$1.12 Vi

(quar.)
:

America—

interest

(s-a)

6- 8
«-

Boston

Real

.

Boston

Woven

6-1

5-i«

50c

6-1

6-is;,

75c

V-M.

>'

G-12
1..*.•

•

6-

1»

Common

6%

Estate

Hose

Trust
St

(quar.)____:
preferred (s-a).

Co.— '

7-1

9

5-25
5-18

6-20

;

$2

4V2%

5-19

6-

1

5-11

18c

5-25

4-28

50c

5-

1

5-10

6-

2

5-19

6-

1

5-19
6-15

7-

1

6-

9

,5-10

6-13

5-29

6-15

$$1

5-15

1

5-15

7-

1

5-31

$20c

5-22

3- 2

—

$25c

(quar.i—

$70c

(Irreg.)

6-

1

7-

3

7-

3

5-31

$50c

7-

3

6-

$$2

7-

1

6-15..

preferred

Co.,

Ltd

(accum.)

Corp., Ltd.

6-

5

Co.

6-

1

5-10

6-15

5-25

$$1.121/2

7-15

$30c

3-

Gas

Co.,

Fibre

7-15

6-17

10-15

9-10

6-

1

5-15

6-

5

5-20

8-

1

7-20

$1

11-

1

10-20

50c

1

5-15

6-

1

5-15

25c

6-10
7-

1

6-20

75c

7-

I

8-12

$1.75

7-

1

8-12

&

"

(s-a»_

75c

(initial

5-23

Power

Co.,

5-23

5-

5-31

5-15

$50c

7-31

7-15

20c

com._

6-

1

9

5-12

27V2C

6-

5-12

59c

6-

5-12

62V2C

6-

5-12

40c

quar.)

1

quar.)

Co.,

common

7-

6-15

7-

6-15

37V2c

7-

6-15

$1.25

(quar.)

Central Foundry Co., 5% preferred
Central Hollywood Bldg., common

(quar.i

preferred
Illinois

Co.,

common

Public

3.50%

preferred
preferred

preferred

Service,

5-15

6-30

6-17

6-30

(quar.)

1

6-10

7-

1

6-10

7-

$1.50

Vermont Public Service—

6-10

5-31

4-23

25c

(quar.)

Co—

1

22'Ac

—

Corp.

7-

$1.15

Central

6-13

6- 2

7-1

8-15

:
-

(quar.i

i

$1.04

preferred
Ribbon

Belt

Common

'

(quar.i—$1.19
Mills, Inc. (quar.)——
'
15c

Co

Champion Paper

-

St

Valve

40c

,t_

7-

I

6-15

'

6-15
>

6-

5-25

5-10

1

Fibre Co.—

(increased)

preferred

3-10

87V2c

Steel

preferred

5-31

$1

&

West

2

30c

-

(quar.i
(quar.i

Wire

1

6-

6-16

1

30c

common

common^

Central

&

6-

6-23
7-

$1.12'/2

Central

South

4-29

6-30

55c

(quar.)„

4%
preferred (quar.)_
Central Maine Power Co.,

4.60%

(quar.i--

5-15

5-31

25c

Illinois Light

6-

25c

Common

Charts

5- 9

75c

t$l

(increased)—

40c

preferred

6-

5-29

58%c

(quar.)

Products

5-29

6-

$1.12

common

Light

6-12

25c

Extra

6-15

5-19
5-19

$1
r_

Company,

preferred

$3

6-29
.

50c

(quar.)

(quar.i

Chaptnan

1

Ltd.—
$20c

(initial

5-24

1

6-

($50c

(quar.)

preferred

5-15

5

6-14

$15c

-

(quar.)—

Arizona

Century

5-

6-23

$10c
Natural

preferred

'$4.50

6-1-4

5-5

$10c

Western

$1.10

Chain

1

5

$$3.75

:

(quar.)

Products, Ltd.
Knitting Co.. Ltd._:

4.15%

7-

Trust,

Motor Lamp Co., Ltd.
(quar.)
Refractories, Ltd.—
1st preferred
(quar.i—

$2.35

6%

1

6-

$$1

Investment

Food

Central

5-31

$25c
$25c

preferred

i'/a%

5-15

Co., Ltd.—

Catawissa RR., 5% 1st preferred
5% 2nd preferred (s-a)

6%

5-15
11-15

$20c
Alcohol

International

(J. I.)

Central

2

6-

6-15
12-15

$$1.12'/2

Carson. Pirie, Scott & Co., 4V'2% pfd. (quar.)
Plywood Corp.. common (quar.)„
3»/2%
preferred (quar.)

$2.50

f- 2

3

$25c

Corporation

Central

5- 2

3

7-

$50c

(quar.)

Cascades

Celtic

•

$70c

Investment

preferred (quar.)

Catelll

5-22
7-

$30c

$70c

Ingersoll-Rand

Carpenter Steel

Case

I

5-

Ltd.—

—

preferred

5-25

I

1

6-

(quar.)

Carpenter Paper Co., common
4%
preferred (quar.)

6-2

.

1

6-

$50c

(quar.)—

6-

$$1.12V2
120c

pfd.

Quarterly

4%

5-19

1

Quarterly

Carrier

6-

$25c

—

Canadian
4%

5-25

6-20

$32'/2C

Canadian Western Lumber Co., Ltd.

I

3

6-

50c

2

50c

.

5- 3

$50c

Dock, Ltd., com.

Extra

4.75%

6-1

60c

(quar.)

Rubber

6-1

121

1

Co., Ltd.—

Ltd.

—

Canadian Tire

Central

$1.06V*

1

6-

$1

Canadian

7%

(quar.)

Tobacco

8

$1.05

&

preferred

5-15
5-

$1.50

Blaw-Knox Company (quar.)
Bliss St Laughlin, Inc., com.
Brothers

6-10

1

5-22

Inc.—

4.25% preferred (quar.)__
Blackstone Valley Gas St Electric—
4.25%
preferred (quar.)

conv.

7- 2

3

Sl.OO1/*

preferred
(quar.)
Sivalls & Bryson, Inc.,

5%

6-

t$1.50

(quar.)

Power

1

6-

34%c

(quar.)

Foreign

A

Canadian

9*

30c

5.40%

Bloch

6-

35c

7

15c

Ltd

Co.,

Co., Ltd.
Products, Ltd.—
(quar.)_
preference
(quar.i

Class B

5-31

$1.75

10-

Food

Canadian

5-20

6-29

-—

7

15c

(quar.)

Fairbanks-Morse

Canadian

8-31

(s-a)

7-

10- 7

6-30

(irreg.)

Ltd., 5%

6-30
6-10

7- 1

(increased)(quar.)—'

preferred

Class

6-10

6-15

A

Class. A
(quar.)
Canadian Industrial

6-10

1

25c

Associates,

7

7-23

7-23

Corp., Ltd.—
Canadian General Electric Co.,
Ltd., (quar.)
Canadian Ice Machine
Co., Ltd.—

6-10

7-

6-

7-

10-23

5-15

A

4 V2 %

1

12Vic

preferred (quar.)
Birmingham Water Works, 6% Pfd.
Hills

7-

7-

Corp., Common

preferred
Son. 5%

4.20%

7-20

35c

5- 5

$37V2C

Breweries,

Canadian

6-13

$$1.75

Manufacturing Co. (quar.)
Bickle-Seagrave, Ltd
Bigelow-Sanford Carpet Co., com.

Black

7- 1

fl.l83A

1

7-23

6-15

(quar.)

(quar.)

class

Class

5-15

(increased)

Company (quar.)
Boston Fund, Inc. (increased
quar.)

1

com.

Cottons, Ltd., common
preferred (quar.)___

Canadian

5-16

50c

Bibb

&

A

Common

9-12

Quarterly

6%

5-31

6-

6-

5

$$3.50

-

preferred

Dominion

Canadian Dredge &

9

20c

75c

•

convertible

Canadian

5-19

$1.12Va

Fine

Bird

5-15

.-

iquar.)

preferred

5-15

1

(quar.);

Company

Bethlehem Steel

I

25c

preferred
(quar.)—
Shoe Corp., 43/*c/o pfd. (quar.)

Gossett

7%

6-

5-29

$50c

5-

$25c

Packing Corp.
(extra)
Foige Company, common (quar.i

Conv.

6%

9

10-

(quar.)_

Borden

G2Vfcc

(quar.)

American Hide &.
Leather, 6%
..

(quar.)^._

(s-a)

Canadian

5-19

—

preferred

&

5-

6-

$1.40

Aircraft

5-25

Paper, Ltd.—

(quar.)

S.)

(A.

Units

plus

preferred

Liquidating
Safeway, Ltd. 4V'2%
Vinegars, Ltd

5-20

75c

common

5-5

1

12V2c

(quar.)__

com.

Canada

5-20

162V2C

(quar.)__

&

Lumber,

1

6-1

I2V2C

1

6-

$1.12Va

Ltd.,

Canada

5-19

6-

1

—

Corp., $6 preferred

Bond

6- 8

redemp¬

share

Power

6-15

1

:

Industries

Blumenthal

at $110

...

for

1

6-

75c

shares

dividend.

American
!

called

Furniture

(quar.)

5

6-

$40c

;■

(quar.)

Co.,

Canadian Car & Foundry Co.,
Common
(quar.)

1

—

89c

''

this

June 8

dividend.

outstanding shares
at

on

■

1

6-10

l7M«c
;

16

Hosiery

Canadian

6%
25c

American

Co.

Manufacturing Co.,

Black,
'

.

preferred

5-19

7-

—

1

5-19

6-15

70c

Company (quar.)
Canada, Ltd

Beneficial

7*

9

of

9

1

5-12

5-10

6-

(quar.)

H.)

Oil

A

Savings

5-20

66-

5-31

5-29

$1
St

5-

6-10

6-16

5c

Trust

1

10-23

I

$1.06

National

5-19

6-

Foundries & Forgings, Ltd.—

$1.75

Berkshire

•

933/^

pfd.

America

5-12

30c

6-10

40c

5-15

I

6-12

20q

Sugar

6-

(quar.)

1

6-

87V2c

—

—-

&

63/*c

Howell, common (quai.)
4V*%
preferred (quar.)_

5-19*

6-

,,

Canada

8%c

common

6-

5-19

$40c
-

Canada

30c

(quar.)

Co.,

5-15

$1

5-19

12MjC

(quar.)

5-25

87'/2c

Foundry Co.—
Canada Cement Co.. Ltd. $1.30
pref. (quar.)

Steel

Show

5-19

50c

75c

5-19

$1.12 Va

Bell St

6-14

12Vic

—

8

Radio

1

$40c

6-30

9c

6

37V-2C

(quar.)

(quar.)

6-

35c

quar.)

(quar.)_

6-

Concen¬

Cannon

6-1

20c

5-19

1

$40c

5V2%

4-28

6- 1

$1.75

Porcelain

(W.

7%
Bell

5_15

7-

6-30

81'Ac

American Barge Line Co..
American Bosch Corp., 5%
pfd. (quar.)
American Casualty Co.
(stock dividend)

American Chain & Cable
Co.
American Chicle
Company

6-

&

Campbell, Wyant &

1

6-

25c

(quar.)_

Manufacturing Co. (increased quar.)
Belding-Corticelli, Ltd., com. (quar.)

5-10

50c

American Automobile
Insurance Co. (St. Louis)

plus

1

Belden

6-15

25c

common...

Aluminium,
Ltd. a-—
Alpha Portland Cement Co._
Anaerex Holding
Corp. (s-a)
American Airlines, Inc.
3M2% pfd.

June

of

Beck

6-18

75c

____

Aluminum Co. of Canada
4%

on

6-

(quar.)

Hydro-Electric

Class

6-10

25c

...

(quar.)
(quar.)

Aluminum Co. of America,
$3.75 preferred
(quar.)

snare

6-10

40c

America

Inc.

Inc.

preferred

4Va%

6-10

com.

preferred

$6c

(quar.i—

Bathurst

fi-in

Inc. (quar.)....
Mfg. Co., common (quar.)
preferred (quar.)—
Altcs Brewing Co.
(quar.)

per

1

(quar.)

preferred

Bates

6-10

(s-a)..

2nd

California Electric Power Co.,

Ltd.—

preferred

Bassett

5-22

7-1

Laboratories.

tion

6-

$12'/2C

Works

T.),

Association

8-13

7-1

Mining

50c

conv.

Bank

5-31

6-10

conv

All

1

56'/ic

preferred (quar.)
4V*c/o preferred (quar.)

6-15

$2c

Allis-Chalmers

Extra

7-

(Increased)

6-15

$50c

(quar.)
Corp. (quar.)
Brothers, common (quar.)

Camden

Co.—

conv.

1%

5-23

37Vic

•

....

(quar.)

Quarterly

1

(Conn.)

Engine

Products

(B.

Barnsdall

S1.06V*

(quar,)..

«luar-)

Company

preferred

6-

30c
$1.12V2

8-15

Company, Ltd.—

4Va%

5-16

1

$1.75

Corp.—
(quar.)

Beech

Company,

Stores

6-14

7-

(quar.)—

5-15

1

20c

.

——

California

Corporation, common (quar.)
prior preferred (quar.t_

Bangor

5-19

-—

(interim)

Ltd.

Manufacturing Co

Butterfly

Co.—

30c

6-

I

9-

6-

•

—

A

Butler

5-12

5-12

+I0c
Gear

Allied

Baltimore

5-3

i2.60

Oils, Ltd

Allied

1
1

Manufacturing Corp. (increased)

Beaver

(s-a)...

5-12

1

66-

$1.50

1%

9

6-1

6-

$1.50

6-15
6-

5c

Burton-Dixie

7%

(quar.)

Service

Canteen

6.

6-30

&

1

5c

B

(quar.)_

5-15

Burroughs Adding Machine Co.
I

Ltd.—

(quar.)

Barber-Ellis

6-15

,

Corp.—

ai?^%J,referrei(qUar')Allied Ftnance
Allied

Class

al0%

I

25c

B

$1.50

(final)

Company
Mines, Ltd.

Electric

Class

6-9

$i5c

preferred (quar.)
AJbcrta Pacific Consolidated

Inc.,

Class

40c

6-

30c

A

8

$1.75

Balfour, Building

thi

6-12

25c

prior

Aldcns,

Class

6-

(quar.)—

com.

& Telegraph

preferred

Gold

4Va%

Holder$

37 Mac

Stores, Ltd
Youngstown RR.—

&

3

6-15

40c

(quar.)..

(quar.)

Shoe

Canton

7.

$$1.25

...

Acme Steel Company
(increased)
Adams (J. D.)
Manufacturing Co.

AJcron

5-19

Powder

Barber

7-3

j70c

(quar.)——

Ago ew-Surpass

in

6-1
6-30

Burns

8

6-20

37V2c

——

Sullivan

.conv.

Class

6-

1

25c

North West Land

Babbitt

Payable of Jteo.

$25e

Participating
6-fr- pref.

when

3'/2%

9-15

6-10

5-15
6-

7-

—

(quar.)

St

(F.)

12-15

6-30

6-15

6-15

———_—~

Burlington Mills Corp., com.
4%
preferred (quar.)
3j/2%
preferred (quar.)

1

4%
Per

..

25c

Co.

1-2-51

7-

5-15

20c

Dredging,

Hill

Burkart

Ltd.—

7%

preceding table;

10-

Inc.

trating

6-15

7-14

5-13

6-15

common

Malting Co., Ltd

B

1

these being given

1

7-31
6-15

$1.25

Canada

Avon

give1 the* dividend# announced In
previous
week# and not yet paid. The list does
not include divi¬
this week,

7-

Bunker

5-20

7Vac

(accum.)_^

Axe-Houghton Fund,

we'

dends announced

1

1

5-15

Co.

5-22

Baltimore

JGteldW'

6-

6-

5-19

1

45c

Co.,

(quar.)

Class

Avco

1

6-15

6-15

Line

Gold

25c

Industries,

registered

Automotive

1

25c

(quar.)

1

5-11

1

6-

90c

Company
Fund, Ltd.__—

Buloio

8

6-

1

6-

50c

$30c

Forge

Bullock's,

5-17
5-

6-15

7'/2C

Light Co., common
preferred (quar.).

Automatic

6-23

6-15

75c

6-15

6-1

—1

Common

5-19

COc
:

1

6-

25c

Company, common

$30c

Corp.,

$1.50

common

Canada

Auto

5

25c

Extra

Bullock

6-

4-30

(quar.)

(s-a)

5-15

Auflor

5-19

■6-

Buffalo

4-28

6-15

5-20

5-31

—

preferred

5

6-10

(increased)

—

Gas

Series

6-10

15c

4-28

Co.

5-15

Atlas

6-10

25c

1

6- 1

Oil

Incubator,

6-15

5-17

6-19
7-

31M4C

(quar.)

6-

Creek

6-12

5-25

25c

Ltd....

Company

Budd

1

5-

25c

Company

6-12

AtJas

6-15

6-

5-10
5-15

6-15

6-30

1

$1.25

$2

5-20

1

75c

*■
...

1
1

75c

(quar.)—

76-

7-

1

7-

1

6-

$1.50

Common

$5

8-

$7V2c

Atlantic Coast Line Railroad, common
$1
Atlantic Refining Co. (increased quar.)^—75c

5-20

$3

Buckeye Pipe

6-

6-15

7'/2C

(quar.)

Atlantic Coast Line Co.

5

25c

(s-a)

5-17

$1

(quar.)—

preferred

4»/2%

5-19

6-20

Goods

Electrical

1st

Atlanta

1

1

56'/»c

(quar.)

1st preferred (accum.)
Associated Spring Corp.
(quar.)
Atchison, Topeka & Sar.ta Fc Ry.

5-25

6-

75c

7%

6-15

6-15

$1.50

Buckeye

tl5c

Associated Telephone
$6

Buck

6-30

$15c

(quar.)

Drug

5-10

65c

...

(s-a)

7-15

$7»/2c

preferred

5-31

933/4C

(increased)

Hardware Co.,

preferred

6-

Extra

$5

4-24

30c

(quar.)

preferred

Ordinary

6-16

$1.37 Ma

2nd

Associated

8-10

25c

1st

6-

7-10

(quar.)

common

Brunswick-Balke-Coilender

7- 7

$1.25

—...

(quar.)
Dry

6%
1%

5-31

$25c

(quar.)..

A

Associated

6-16

7-

(J. H.)

Class

1

50c

6-1

$$1.12(6

<o_uar.)—

pfd.

7-10

(quar.)

75c

(quar.)

Ltd.

B

6- 1

$ 10c

Ashdown

9

$50c

:

Corp.,

1

Class

$51

Extra

5-20
6-

Carpet Co.

Asbestos

6

5-20

6-20

$15c

Steel

Artloom

10-21

1

Company,

$3.6o preferred (quar.)
Mills, Ltd., class A

1-20

tl5c

preferred (quar.)_
Equipment Corp.,
4W.'c
Artkraft Mfg.,
6% conv. preferred (quar.)
6% conv. preferred (quar.)
6% conv. preferred (quar.)

5-22

12V2C

12

(quar.);

com.

(quar.)

7

50c

Bruck

8- 1

5-16

pfd. (quar.)..—

$4

5-15

5-15

$1.37'A

com.

Co.,

7

6-

2Vi%

Ltd.

7-21

6-1

Brunswig

(quar.)

6-

3

——

Shoe

25c

Corp. (increased)
Armstrong Cork Company, com.
$3.75 preferred (quar.)

1

7-

Edison

Brown

5-15

(quar.)

preferred

Armco

6-19

7-

Co., $3 partic.

Corp.

3

7-

Company $6 pfd. (accum.)
Rubber Co.
(increasedI—

5-25

Co., Ltd..

(s-a)___

& Bigelow, common
preferred (quar.)

6%

50c

Argus Corp., Ltd., common
4Va% convertible preference

7-14
7-

Farms

Oil

preference

15c

5-31

7-

lOd

Brown

6-

.....

6-30

1

$25c

lOd

Brown

1-31-51

(quar.)..

6-10

7-

Ry. Co., Ltd.—

6-26

5c

Development

Inc.

7-31
5-15

7-15

$$0.234375

(final)-

6-28

$1.50

——

Anglo-Newfoundland

5-31

6-15

(quar.).

(final)

registered

7- 5

11-

t20c

Aro

.

30c

Ltd

bearer

Columbia Electric

Brown

5-31
5-10

1

$1.50

Conveyor Co
Corp.,

933/4C

7- 5

:

$1.50

(quar.)

...

St

7- 1

$2.25

Anglo-Canadian Telephone Co.—
"Class A
* quar.)

1

-

conv.

6% preferred (s-a)
Products, 6'i preferred
(quar.)
preferred (quar.)
Post

Ordinary
Ordinary

5-25

6-15

75c

—

—

Andian

6-22

Extra
Wood

(s-a)

common

(s-ai

—

(interim)

British-American Oil Co., Ltd., com.
33A%
preferred (quar.)

2

6-

HVic

(s-a).

75c

1

$1.12'A

com.

Pulp &

C.),

pfd.

6-

25c

Oil

5%

6-1

$5

(quar.)

(William)

Inc.,

Co

preferred

Arizona

(quar.)

Machine

(J.

Wiser

$4.50 preferred

Co.

Woyenberg Shoe Mfg. Co. (ouar.)
Weyerhaeuser Timber Co
Special
'Whitman

Co.,

Tobacco

Amoskeag Company,

Pennsylvania—
pfd.

60c

—

Thread

6-

$2

Wilson

American

75c

Extra

Whitin

5-31

55c

common

Disinfecting Co.,

Real

Brooklyn Union Gas Co._

(annual)

10c

Warehouse & Terminal Corp
,•
Washington Water Power Co. $6 pfd. (quar.)
W<?)J3-Gardner & Company (quar.j..

Virginia

British Columbia Forest Products,

5

preferred

6-20

11c

.....

Western

1

5-

non-cum.

6-20

20 c

Cotton Co.,
Ltd...
Baking Company, com.
'6Vi% preferred '(quar.) i.

West

6-

5-31

9

$1.75

of

Iron,

Gas

6-14

American Smelting & Refining Co., common.
American Steel Foundries.

5

6-20

held

Ward

Ohio

$7

75c

1%

5-26

—

common

preferred (quar.)

British-American Tobacco, Ltd.—

Ampco Metal,

Wahasso

preferred

5%

40c

Power

......

$5

1

Anchor

...

Company
Vapor Heating Corp.
Ventures, Ltd.
Viau, Ltd.
Viking Pump Co., new
Visking Corporation

West

6-

1

Norman

West

6-14

2

quar.)—

two

pref.

$1

5-19

20c

—

Van

British

6-

—....

(quar.)

fit

5

21c

pfd. (quar.)
5V>'/<> preferred (quar.)
Universal Products Co. (quart)
Utah Power & Light Co. (Increased)
Mould

5-

Archer-Daniels-Midland

4Ma% preferred A fquar.)
Universal Cooler, 6% partic.
Universal Laboratories 5%

Valley

5-26

6-

20c

Telephone

50c

6-

Company, class A

preferred

5-24

6-30

B

United

6-

6- 1

1

$1

Iowa

each

6-24

—

6-10

Company (increased)..
Illuminating
:
Light St Railways Co. (stock dividend)

One

25c

$1.75

...

21c

Corporation

United

6-10

2

Fruit

United

6-20

2

(quar.)

(initial

common

United

$1.25

(quar.)

Standard

8t

1%

Fastener-

United

—

Radiator

3%%

Ltd.—

preferred

non-cum.

6-

Corp.

1

1

9c

Common Stock Fund.....'

I

6-

1

President Lines,

6-

Fund..

9-

40c

1

6-15

....

$25c

6-

6-30

...

4-29

$25c

~,

6-

6%

—...

5-23

1

(irreg.)
Common (irreg.)
Bristol-Myers Co.,

6-

50c

,

9

3-

Brewers

6-15

$1.12 Va
25c

6-

9

'

6-!5

American

37 Vic

5-31 \

6-15

(quar.)..

5-31
6-

8- -I

Semi-annual$$1
St Distillers of Vancouver, Ltd.—

v8-21

6-10

35c

—

9-1

1

Ltd.,

Co.,

;——v::V:
Brazilian Traction, Light & Power Co., Ltd.—

5-22

6-

25c

—

8- 1

6-

8-

(initial)

A

Sanitary
Corp., common
preferred (quar.)
*
American Seatihg Co. (increased)
American Shipbuilding Co., common

1

10c

6-1
0-10

25c

EToiftfrs

$25c

Cordage

Class

$1

5%

1

$1.06 »A

20c

When

Payable of R*i.,

75c

37Vic

preferred A

American

1

6-14

37V2c

.....

American

6-15

50c

(quar.)

common.

$1.12y»

Ltd.,

Co

6-20

Brantford

5-15*

common—

Illinois

Foundry Co.,

Share

Bearing

Common

1

6-

5-15

...

$4

6-15

1

6-10
6-1

10c

Company

Roller

37Vic

6-15

7-

(monthly).

American Potash & Chemical, class A (quar.)
Class
B
(quar.)

5-27

*

C.......

United-Carr

2

&

of

Company,
preferred

n

25c

Corp.

Co.

21c

Fund

Rope

6-

6-30

Fund

Aircraft

1

Inc.—

Bond

Wire

7-

1

(quar.......—

Funds,

Bond

Union

4Va%

$l5c

Union

Unicn

2

<s-ui—

Louis).......

Union

United

6-

56'Ac

*.

(quar.)

Company

Union Bond

1

7-

i

Products

Per v..

Name of
Bower

(initial)..-^

common

Holder*

Payable of Rec.

Co.—

Metal

15c

(quar.) ....—
£4.50 prior preferred (quar.)
$1.50 conv. preferred (quar.)......,..
Trusteed

American

6-15

Common

Sugar

Machine

2

10c

(quar.)
Century-Fox Film Corp.—

Union

American

6-

8-

—

Truax-Traer Coal Co.

Union

6-20

50c

Elevators, Ltd

Twentieth

6-30

7-15

quar.)—

(increased

(St.

Investment

23 Vac

.—

Insurance

Home

American

$1.06 »/4

-—

Inc.

Toronto

American

6-20

26 AC

(quar.)

Roofing Company

Time,

6-1

1

50c

—w—

2nd

com.

6-15
7-

>

When

Share

Derrick

St

25c

—

.

TelJuride

Company

Hoist

New

75c

(quar.)

American

5-31

$1-25

•

preferred

6-10

'

(guar.)....—

Sutherland Paper Co., common (quar.)
4Vi,% convertible preferred (quar.).
Talcott (James) Inc., com. (quar.)..
Extra

Per
Name of

5-31
J

Sunbeam
Corporation
(quar.)—
8unray Oil Corp., common (quar.)
4V*% preferred A (quar.)v:..i.^—
4Vj% preferred B (quar.)—

4Vz%

6-10

25c

......

8tone & Webster (increased)Strawbrldge St Clothier, $5 pfd.

Holier*

Payable of Rea.

50c

(guar.)

-.'—J-

Extra

When

Share

•

Company

Monday, May 22, 1950

...

-'i

(quar.i

Mfg.,

Corporation

7%

(quar.)

-

.

60c

6;

u—S1.12M.
preferwth'•
$3.50

120o

<

.

1

5-13

7-

1

6-M

6-

1

5-16

6-

1

5-22

rolume 171

Number 4909

•*

•..

The Commercial and Financial Chronicle

.

Per

Name of Company

ilcago

-" .*

tln-c a go

Medical

Payable of Nee.
6-

1

$1.75

1.

6-

9

5-31

*

//!'/■

Name of Company

.

5-15

75c

Curtiss-Wright Corp.,
$2 class A (quar.)

Share

5%

75c

Towel

Company,

commoD-—;■

4%

6-13

6-20

6-

5

6-

5

6-20

$1.75

7% convertible preferred iquar.}
Chicago Yellow Cab
Ihile Copper Co.
i
3hipman Knitting Mills, 5% pfd. I s-a)
Chrysler Corp.
:
Cincinnati

6-30

$1.50

"

5-26

50c

-

$2

A

i 9-18

9-

Leather Co.,
B '

5- 9 '

7-

I

12-18

12-

6

6-12

5-16

43

8-1
1

5-10
5-10

Deere &

.

85C

6-

Company,

50c

6-

,.93%c

6-

93 3/4C

(quar.)

7%

"(quar.)

preferred

Monte

5-101

>

Cities i1 Service

(quar.)
ity Auto Stamping Co
ity Investing Co., 5%% preferred
City Water Co. of Chattanooga—
5%

preferred

lark

5-12

5%

6%

Freeport

5-10

5-15

6-20

6-5

50C

8-15

50c

11-15

ic

6-15

-8-

Corp.

1

6-15

6-

1

5-11

50c

6-15

5-29

6-15

5-29

6-

5-15

-

(quar.)__

com.

iquar.)

15c

.

1

Diamond

6-15

6-

Gabriel

$4.50

preferred

7%

7-1

6-8
5-10

Dixie

6-

5-10

20c

6-

5-16

20c

7-

6-16

Dr.

$1.12%

7-

6-16

Dodge &

(monthly)

(monthly).
4%% conv.preferred (quar.)
iClorox Chemical Company
(quar.)

5-35

7-

*1

common

Dobbs

6-14

1

this

30 at $52.50 per share

June

on

Dominion

$1.50

—-

.

6-30
7- 1

(quar.)
(quar.)
I Colgate-Palmolive Peet,

*35c
.

9-

1

8-

1

11-

1

iquar.)

$3.50 pld.

6-30

87 %c

__

50C

6-

1

1

5-19

€2%C

6-

1

45c

6-

1

Iron

6-

1

5-

Co;

Life

iquar.)
Insurance

Co.

5-15

2

5-19

6-

2

5-19

50c

.

6-10

Insurance

Life

0-

(quar.)

1

5-19

(initial)

new com.

40c

Connecticut

River

Co.

6%

Co.

Edison

pfd.

N.

Y.

iquar.)_

Corp.

Co.

(quar.)

Ltd.—.

Co.,

1

5-25

Eagle-Picher

5-15

East

Can

Commercial

Eaton

1

6-

1

5-15

$1.50

6-

1

5-15
5-15

Electric

40c

6-15

5-12

6-

Corp.,

Electrol,

5-29

Electrolux

1

5-19

Elgin National
El

6-15
6-15

5-15

4

6-

1

5-15

6-

5-

1

1

5-26

5-10

5-31

4-28

7-

1

6-

7-

1

6-9

75c

(quar.)

5-22

5-

5

1

5-19

6-30

€-15

40c

6-

6-15

5-25*

S3 3/4 c

7-

1

6-15

50c

C-

1

5-15

iquar.)

Corp.

€-15

6-

31 %c

6-

1

5-10

$1.13

7-

1

6-15

10c

(quar.)

1

$1

$1.75

5-12

*$1.25
25c

(s-a)

S33/4C
75c

$1.50
7c

:

7-

11-10

5-24
6-20

1

5-25

6-15

6-

9

5-19

5-20

5-13

6-

1

5-18

1

6-

1

$1.25

&

7-25

*50c

7-31

5-15

Federal

Federal

Mining

7-

1

6-12*

Class

50c

6-15

5-23*

Flnancial

B

6-

1

7-

1

&

6-

1

10c

7-

1

6-

1

1

12-

1

5-15

6-

1

5-

6-

1

5-15

6-

1

5-15

6-

6

$1

6-

1

5-12

First

Boston

6-

1

5-12

First

National

2

5-8

$2

6-30

6-

$1.75

5-31

5-16

Extra

$0.18625

7- 1

'

.

$2.50

7-

1

106-

1

6-

1

(s-a).

6-

6-15

11-

e

$1,121/2

$1.12%
-

25c

1

6-15

10-20

7-

6-

1

5-15
.

••

Curtis

Publishing Co.; $4 prior pfd.
preferred .(accum.)




12%c

4%%

preferred

(quar.)

5-15

5-31

5-10

Foote-Burt

75c

7-

1

6-

9

Fcote

$3.50

7-

1

6- 9

5%•

6-

7-1
1

Co.,

preferred

Company,

common

(s-a)

5-12

6-

5-26

5-

8

5-26

5-

8

8

1.0%

1

25c

(N. Y.)

3.

6-

7-

1

& 6- 8

12%C

(quar.)_

7-

933/4C

(quar.)..

common

6-15

5-19

Tea Co.,

Pacific

6-

25c

....

Co.—

5-10

$

5-10
5-29

6-30

30c

(s-a)

1

6-10

$1.75

Warehouse

1

6-

$1

common..

(quar.)

6-20

'

5-22

6-21

Z

75c

common

40c

6-10

6-

1

12-10

1.2-

1

(reduced)

7-

*32%6

1

6-

6-10

1

6-

IOC

6-31

5-17

10c

—

6-15

5-31

5-17
5-17

5-31

5-17

7c

5-31

5-17

15c

5-31

5-17

Cc

5-31

5-17

fic

5-31

5-17

10c

5-31

5-17

lie

5-33.

Equipment

Bond

6-10

:

6-

6-

C-

1

Company

.•—
—

5c

8c

Sugar Co

—

6-13
5-19

6-20

30c

6-15

5-18

$1.10

6-15

5-18

$1.12%

6-15

States

75c

Co..

$6

preferred

Utilities,

(quar.)

common

(quar.)

Ballnor

—

Well Cementing

6-

1

Hamilton

6-

6

i

—

5-12

2

8- 1
0- 1

1

*35c

912-

1

6-

1

5-15

50c

6-

1

5-15

11-

1

6-20

6-

*7c

Ltd

6-10

5-10
5-10

6-10

*3c

5

'

6-15

5-19

5

Co.

Extra

Hamilton

6-30

6-

.

37 %e

Mines,

$1

1

5-18

1

85c

(s-a)

(quar.)

Oil

6-

*35c
* 35c

Co.

Water

7-

$1.50

(quar.)

Corp.

30c

6-

6-15

1

Common

5-27

6-15

1

6-30

Power

5-19

20e

5-17

7-

$1.25

(quar.)

Corp

Backensack

6- 6

$2.50

5-31

$1

6-10

preferred
Oil

Quarterly

.'

5-17

5-17
5-17

Hajoca

6~,5

5-17

5-31

Halliburton

1

5-17

5-17

5-33.

5-15*

6-

•

5-33.

5-15

.'6-15

5-31

5-31

V5-31

3c ■U

80

1

,25c

5-17

8c

1

$1.12%:

5-17

5-31

lie

Stock

6-

1

5-31

Equipment

6-

6-

5-17

8c

Bond

preferred iquar.)
preferred
(quar.)
Gypsum Lime & Alabastine of Canada, Ltd.
Common
(quar.)
Common (quar.)

5-15*

6-10

5-31

$4.50

1

1

5-17

$4.40

9

7.

5-17

5-31

7c

......

5-31

Cc

15c

*30o

5-17

9c
10c

Bond

Priced

Gulf

6-1

7-1

50c

1——

Machinery

6c

$5

6-1

6-10

'(H'

6-16

30c

5-31

Gulf

1

6-10

$1

«:

common

8-25

11-25

50o

—

Utilities

5-22

7-

$1

(quar.)

iquar.)

9-15

12-15

&
25c

(irreg.)—
(quar.)..:

Towing
Railway

Guantanamo

6- 9

50c

Company

Mineral
•

*250

Mining Smelting

Gulf, Mobile & Ohio RR.—

5-15

25c

Power & Light Co.,

1

40c

A-(quar.)

1

6-

50c

$4 preferred (quar.)

Florida

Industries, Inc.—

5-25

Tobacco

5-31

Quarterly
Flintkote Company, common

5-15

Steel

Stockholders

9-16

5-15

1

lie

Railroad

€-' 5

€-15

(initial)

common

1

6-15

*25C

1

6-

lie

$1.25

11-15

new

5- 9

66-

.

40c

Railroad

5

,

$1

(quar.)
Co.,

5-15

10c

(quar,)..

Ltd., class A

preferred

Railroad

5

25c

10c

;■

(M. H.)

5-15

6-15

25c
—

Petroleum

1

66-

2%C

approved a two-for-one split.
Fittings, Ltd., class A (s-a)
FitzSlmons & Connel) Dredge & Dock Co.—

(quar.)

6-15
6-23

-

Flshman

—

6-9

6-15

-

*

preferred

6-18

6-15

$25c

Mining

2

35c

—

5

(quar.)

6-

75c

8-18

5%

5-15

6-15

April 28 to

Southern Life Insurance Co.,

Low

5-29

25c

(s-a)

8-

4%% preferred
preferred (quar.)

6-23

$1

9-30

6-16

Lakes

Gulf

8-15

3

5-15

6-15

Co.—

Northern

Investing

8-11

8-15

$2.50

10c

7-

1

$2.50

Terminal

Institutional

5-18

$2.50

Inc.—.—---

preferred

6-12

6-

*12%c

preferred

Industrial

5-18

$1

Firth Carpet Company, common

Clothing,

*:

*$1

——

class A (S-a)i

$2

5-23

6-30

*25c

Co.

T.)

General

9-15

1

12 %C
31 %c

——...

Corp.,

5-20
5-23

6-12

$1

(quar.)

Merchandising

——-——■

—

York

1

6-12

Fully Administered

8-15

———,—

(s-a)

Extra

First

5-15

6-

.

1

$1.25

Company

Ltd.

Electrical

6-10

$1.12%

—...

Class B

Corp.—

(quar.)
(quar.)....

Chemical

5-13

.....——

preferred

$2

Stores,

First Security Corp.,

6-14

*$2

(quar.)

Corp.,

5-16

6-

$1

preferred
common

Building

5-12

5-27

40c

(quar.)

6-"l

5-31

$1

(quar.)—

Aviation

9

25c

* 15c

common——-.——-——

$1.05

pfd.

....

(Bait..)', class A com.

Industrial Fund, Inc.

5

6-20

5c

Co., Ltd.—
50c conv. pref. (quar.)
Greenfield Tap & Die Corp. (quar.)_....
Group Securities, Inc.—
Agricultural

11-10

6-1

5-25

-530

Great West Felt

8-11

$1.25

6-

5-19

-6-15

-

J OC

(s-a)

preferred

Great

8-12

9-

6-30

37 %c

(quai.)

common

Co.,

Non-cum.

6- 9

$1.25

6-30

87 %c

dividend

Lakes

Great

5-16

—

preferred (quar.)

4%%

6-13

W.)

Union

Great

6-10

75c

6-10

50c

pfd.

6%

4%

on

Company,

(W.

7%

Firestone Tire & Rubber Co.—
50c

voted

Great Atlantic &

Co.

Insurance

6-1

25c

5-15

5-31

5-31

Food

—........

—

+40

5-19
<$•• 13*

'

6-30

32 %c

—

Corp.——

7- 1

25c

(quar.)—

(quar.)
Great American Indemnity

6-30

50c

....

Enamel

4- 1

5c

Ltd., class A
i._J

Consolidated

3%%

1

$1

$2.50

Ferro

§■

80C

(increased)

iquar.)__.._

Grant

6-28

50c

5-12

1

5-25

6-15

7-10
-

25c

(irreg.)
(quar.)

com.

Common

—

1

6-

u

$15

(quar.)

iquar.)

&

Stock

C-28

$1.25

1

5-15

7-15

7-15

50c

Smelting Co...
Federal-Mogul Corp. (quar.)...
Federal Screw Works (quar.)

25c

6-15

//;>;,

(quar.)

Grand

5-12*

1

9

6-30

$1.12%

4%

A

Power

5-18

Co..

(quar.)
Traders
Life

Quarterly

Ltd.,

A

Granby

5-18

—.

6-

9

1

6-

f

6-

$3

Corp

Automobile

preferred

Farmers

35C

com.

(quar.)

Class

6-16

6-1

7-10

1

2c

Class

5-18

25c

1

8-

>1

Co.

Company,

preferred

Grafton

5-18

•,*.

5-11

8-

1

25c

Manufacturing

Inc.,

Co.,

6-15

6-

6-

1

Nickel Mines, Ltd".—
Brewing Corp., com. (quar.).._—

4%%

B

<H.

5%

5-15

6-

5-31

6-22

$1.06%

6-10

50C

Co., Inc.,

Co

Ltd.

Corp.

Co.

Co.,

Gossard

5-15

1

Falconbridge
■

$1.50

:

—.

State

Graflex,

5-15

50c

1

5-19

5-25

6-

Inc., common
preferred
'quar.)—...
Fire Insurance Co. of Canada (s-a)

9

9

6-15

6-30

-5-10*

6-

change
the par value from $10 to $4, to effect
a 2%
for 1 split. Company reports that
the split became effective on May 15.

5-15

6-

$1.75

preferred

5-25

6-

$5

Falstaff

C.)

Stockholders

9-29

Finance Co. of America

quar.)

Co..'(Missouri)

5-

6-15

Sugar

(H.

Class

5-16

10-14

$1.73

$7

11-10

:

84%c

Company

preferred

$5

4-24

•/.

5-25
6-15

316

(quar.)

(Helene)

1

5-10

5-10

$1.25

Gordon Mackay Stores,

1

6-

Federal Enterprises,
$1.25
convertible

6-

?' 5-22

6-

25c

5-10

6-

6-15

*25c

preferred

Mfg.

4-25

$1.06%

preferred (quar.)

convertible

6-

6-12

1.0c

accum.)

Goodall-Sanford, Inc..

5-11

30C

7%

50c

1

5-25

15c

7%

Curtis

6-

$1.25-

Electric Co
5%
preferred iquar.)
Emsco Derrick & Equipment—
4%
preferred
(quar.)
Enamel & Heating Products, Ltd,
Equitable Gas Co. (Initial quar.)
Equity Corporation, $3 conv. pfd. (quar.)...
20c preferred
(s-a)
-—
:

6-

1

Culver Corp., (extra).
Semi-annual

Curtis

5-1 a

11-25

$1.25

Corp.

Brewing

Golden

5-11

(quar.)....

A

6-19

Sugar Co.,

Companies

1

6-5

5-26

.......

preferred: (quar.)

6-

District

6-19

25c

5r23

6-30

Fajardo

*37 %c

Crows; Nest Pass Coal Co., Ltd.——

Curtis

5-13

933/4C

Extra

5-19

.

7-15

5-15

6-

7-20

*$25

1

5-22

1

Great

6-

5-19

Goebel

8-

70c

5-15

6-10

Godman

6-16

6-15

COc

5-15

€-12

5-19

6-10

—

1

6-1

....

Securities

(s-a)

6-

5,;

9

6-

15c

—

6- 1

1

6-10

iquar.)—
iquar.)—

Forster

(quar.)..
(1950 series)

Oil

6-30

$1.06%

6-

6-10

i

preferred

Globe

1

$1.02%

5-24

20C

preferred

8%

6-

$1.50

,

6-15

62 %c

Inc., $2 pfd. (quar.)
Corp.—

preferred

6-12

Gorham.

——

6-13

10c

Crown Cork & Seal Co.,

(increased

Globe-American

*25c

preferred A (quar.)
$5 preferred A (quar.)-—
$5 preferred A (quar.)—T
Faber, Coe & Gregg, common, (quar.)
Fair (The) (.see The Fair)
Fairbanks Morse & Co. (quar.)

20c

.

pfd.

1

40C

75c

preferred (quar.).

1

5-20

—

f 15c

Corp

t_

66-

6-10

30c

25c

1

Corp.—:——

Zellerbach

class

Harvester

6-20

6-15

(quar.)

A

Empire

Gleaner

6-20

iquar.)

50c

Crompton & Knowles Loom Works
Crown Capital Corp., class A
Crown Cork International Corp.—

4j/2%

6-19

1

11-25

75c

5% pfd. (s-a)„„
Glatfelter (P. H.) Company, 5% preferred—
(All
unexchanged shares called for re¬
demption on June 6 at $102 per share
plus this dividend)

6-15

50c

$1

(quar.)-:

(quar.)—

(quar.)——.

class

Erie Railroad

iquar.).

—

Petroleum

Curlee

1

6-

25c

Company,

A.)

5-19

20C

(accum*)

75c

com.

3%%

Cuban-American

5-15

•

(quar.)

(S.

1

(quar.)
common (quar.)

preferred

preferred

1

Co.

Gas,

preferred

1st

4% %

1

(quar.)

25c

Crampton Manufacturing Co., 5%

&

1

5-3)
/

6-15

25c

(increased)

Company,

Gerrard

.

7-

6% 2nd preferred (s-a)—
Empire Brass Mfg. Co., Ltd.—

S

30c

Paper Box Co., Ltd., common..
preferred
(quar.)—

7%

7-

8-21

1

$1.75

Goodyear Tire & Rubber,

(quar.).._
Ely & Walker Dry Goods Co., com. iquar.).
7%

40C

*37 %c

Co., com. (quar.)
preferred (quar.)—.—

Crum

6-

$2

:

(accum.)»
1

Rubber

&

25c

—

(quar.)

Watch

Tire

7-

.....—..—

$4.25 2nd preferred

Co.—.
—

2nd

$4.25

,

7--1

v

Railway—

preferred
iquar.)
preferred (quar.)'

%%

1

'

Corp.

Natural

4.10%

1

Steel

Forster,

75c

(quar.)....

preferred

Investment,

Tin

Products

6-

Inc.

Paso

1
1

Gerber

10c

5-15

7-

1

7-

7-15

General

7-

7-15

General

5- 3

,

25c

Co.

Corp.

1

v

.

Co.

&

Electrographic

5-15

5-24
7-15

U5C

A

Rubber

&

6-30

6-

Ltd., class A 60c (quar.)

Crum

6-10

619

13~

.

Company stated that arrears on this pre•ferred will be reduced to-$31.50.

93 %c

—

(quar.)
Sugar Associates, $5 pfd.
preference

Hose

7-

.—...

Street

Manufacturing

53c

(quar.)

Refrigeration

2nd

iquar.)

Equipment

preferred

priof

$6

35C

(initial).

Ltd.

Mines,

Massachusetts

1st

*5Gc

Corrugated

$4.20

12-20

common

(6 prior preferred

6-1

Electric Boat Co

5-31

Sullivan

Eastern

(interim)

$3 prior preferred

$4

9-11

Castings—

50c

Eddy Paper Co., Ltd., class A (quar.)
Edgewater Steel Company
(monthly)

* 12c

Precision
Steel

15c

(quar.)—...
(quar.)

1

(initial)

Co.

$3 prior preference

Common

30C

37 %c

Cement

Portland

General

$1.50

6-

(quar.):

Cook Paint & Varnish, common

A

5-19

6-10

—

Outdoor Advertising

General

1

Co.—

'

<quar.)_.
Continental Gin Co., 41/2% pfd. (quar.)
Continental Oil Co. (Del.)—.

Crown

Water

Interurban

&

6-

20c

preferred

Class

5-13

30c

30c

(quar.)_

7- 3

60C

(quar.).,...

6-15

Continental Copper & Steel Industries, Inc.—

Creole

1

6-10

j~.. V;/"'

preferred
(quar.)
preferred (quar.)—

$5

30c

Inc.

6-15

6-

1

6-

25c

6%

25c

8-

*25c

30c

1

$1.13

com.

Co.,

preferred (quar.)
Casualty Co.

Continental

General

$1.12%

6-

$1

Continental

Company,

5-10

6-

lOe

tfl

Inc., 3%% pfd. (quar.)—...
Motors Corp.,
common

$1.75

€-15

(quar.)
Co.

General

5-18

(quar.)

Company

preferred
preferred

7%

6-10

$1.12%

Assurance

5-11

6rl5.

(quar.)

Chemicals,

&

Louis

St.

*20c

—

com.

5-26

*37%C

...

Eastern

;

(quar.)

Continental

5%

Plastics

Durez

5-15

Co.—

Power

5-11

Company

&

$1

preferred (quar.)
Container Corp. of America,

5-26

—:

9

(quar.)

$4.52

Crane

5-20

Mills,

50c

(quar.)

9

.

Glass

General

81V4C

5-

^—

preferred (quar.)
Textile Mills,
Ltd
5% preferred (s-a)
Consolidated Theatres, Ltd.—
50c class A (irreg.)
Consolidated Water, Power & Paper
Quarterly

4-28

$1

12-

*50c

4J/4%

iquar.)

10c

6-19

5-25

5-23

$1.25

12-15

(quar.)

Consolidated Retail Stores, com.

Inc.

12-18

5-17 )

$1

General

Corp., 4%

6%

Consolidated

Coro,

9-18

1-2-51

$3.75

4%%

25c

Paper

conv,

2

5-25

5-15

(increased)

com.

East

iquar.)..—

Consolidated

5%

10-

5-17
-

35c

1

6-

*50c

preferred

1

6-

12 %c

(irreg.)

Corp.

Laundries

Copperweld

6-16

(quar.)

Co.

Company,

9-15

Lithograph Mfg. Co., Ltd

Range

6-30

...

Aircraft

Chemical

56 %c

Consolidated

Copper

i? 2%c

preferred A (s-a)
preferred (s-a)
5 % preferred A (s-a)
4%
convertible preferred C (s-a)
General
Fireproofing Co
General Industries 5% preferred (quar.)_.,„..
General Manifold & Printing Co. (quar.) —

5-17

*25c

10c

Consolidated

Copeland

1

6%

9-15

iquar.)

37J%C

iquar.)

Power,

Coppermine.?

Cooper Bessemer

7-

4%

5*15

Ltd.

Brothers,

6-15

i_.

Cooksville Co.,

/' 6-15

7-14

10c

Coffee

5c

/

6-15

t$1.50

*$2

iquar.)

Inc.

Power

Cook

1

1.0c

*62% C

Ltd.

J$2

Connecticut

5%

6-20

1

(Toronto)—

Extra

Continental

5-20

8-15

6-15

22 %c

'

Semi-annual

$3.75

6-

pfd. (quar.)
(quar.)

com.

$8

Co.,

preferred

$40c

....

Bradstreet, common
preferred (quar.)
Duplan Corp. (s-a)

5-15

Connecticut Investment Management Corp.—

preferred

1

*$1.25

*$2

Quarterly
Quarterly
Congoleum-Nairn,

4%

1

—..

General Finance Corp.; com.

7- 3

Dun

5-31

1

6-

$1.25

,

preferred

6-

5-15

6-30

preference iquar.)
Industries, Inc., common (quar.) —
3% %
preferred (quar.)
—
Drewry's Ltd., U. S. A. (quar.)———

6-15
6-

$1.25

Quarterly

$4.50

1

6-

Driver-Harris
15c

Confederation Life Association

Consumers

6-

9-20

Dresser

iLouis-

Co.

Corp.

Consumers

7%

7- 3

7%

9-30

10- 9

25c

...

preferred
iquar.)
Community Public Service,

.

9

8-1

5-15

Company—

Paper

$5

Consolidated

1

Ltd.—

(accum.)

Dravo

(quar.)

Consolidated

7-

5-31

$3.25

(Ohio)

Commonwealth Telephone Co. $5 pfd.
Commonwealth
Telephone (Wis.) —

/

Cigar

25c

preferred A iquar.)
2nd preferred
iquar.).
Dow Drug Company, common (quar.)

1

6-

$5

(quar.)

Mills

5-15

1

6-

(resumed)..

com.

Ltd., 4%

Corp.

General

7-31

:

5-15

6-

V -/.50c

—

Baking Co.,

9

6-

$4

6-

40c

Semi-annual

■/vville; Ky.)

America

6-

25c

Anglo Investment Corp.,

Scores,

Special

40c

Carbon

Commonwealth

General

6-26

20c

(monthly)

9-15
■: 5-15

:

Gaylord Container Corp.

$17%c

.

:

/

-preferred

20c

.

....

preferred

Dow

8

25c

B

Locks

5-24

,

;

Inc.,

Co.,

15c

(quar.)

Douglas

(quar.)—
Colorado Milling & Elevator Co. (quar.) —1
Columbia Broadcasting System, class A

Cone

5-19

Corp.—

preferred

A

1

v

2

6-1

10-

37%C

$1

...

Canada,

25c ;

Ltd

preferred

Donohue

5-15

25c

__

Class

6-

*25c
voting trust certificates—......
*25c
preferred
(quar.). .....
...—
Donnacona Paper Co., Ltd.—
*$1.12%
-4%% convertible preferred (quar.)

5-19

6-

Combined

5-24

$1

50c

Stores, Inc., common iquar.)
preferred iquar.)
5%
preferred iquar.)
| Colorado Central Power iquar.)

Mutual

1

62 %c

6-18

+25c

(quar.)
preferred (quar.)
6% preferred (quar.)

Common

6-13

4%

Columbus

6-

37 %c

7- 1

e-1

,T

6%

-a

r.)__j.—

(quar.)
Dominion Tar & Chemical, Ltd., com. (quar.)

1

12-

|Colonial

Class

6-12

50c

(quar,

5-15

1

56 %C

.

'

At

Company (quar.)...
(quar.)

&

Dominion

8- 1

*35c

—...

Common

Columbian

6-27

(increased quar.)

Inc.

5%

6-1

*35c

Common

&

8-

$1

(quar.)

5%
'

(quar.)

Fuel

1

25c

preferred (quar.)
Dominion Bridge Co., Ltd.

6-30

$3

at $105

conv.

9-

(quar.)
Dominion Scottish Investments, Ltd.—

per share plus this dividend
iCockshutt Plow Co., Ltd.—

5%

(Robert)

75c

5%

6-14

Entire issue called for redemption on June

Colorado

Co.

Gair

6%

5-15

•

International

Common

Gair

5-12

Walt Disney

(see

common

Dominquez Oil Fields Co.
Monthly

I Coca-Cola International Corp., $6 class A
30

5-15

1

...

:

v::-$1.25

.(quar.)....

Co.—

1

—

Cox Fund

Quarterly
Mines,

plus
$7.50

dividend).

ICoca-Cola

Houses,

Pepper

^teel
of

*

I

i\ 37 %«

(irregular)

6-

—

iquar.)

& Company,

General

A

Dome

$3 class A (entire issue called for redemp¬
tion

1

1

6-

2%c

».)

6-

(increased)

common

(quar.)

Company,

class

$2.50

6-10

50c
'

Company,

Cup

ID.

Common

-

Productions)
50c

Common

|Coca-Cola

XU 6

preferred

Fuller

37 %c

......

(quar.)

Company

Productions

(Walt)

87 %c

common

Corp.,

preferred

Disney

Car

Motor

:

8- 4

.

4-17

6-

25c

Sulphur Company

75c

(quar.)

Company

*

-

iquar.)

|Clinton Foods, Inc.,

T

Dictaphone

6-

$1.12%

(quar.)

iquar.)

guaranteed

.•,/

(quar.)

participating preferred (s-a)

6%

4%

|Cleveland & Pittsburgh RR.—
guaranteed

—.—

Realty

&

Match

Diamond

|Cleveland Electric Illuminating Co.—
4%

(quar.)

Mortgage
Extra /

■

(quar.)

Denver Unicn Stock Yard

iquar.)__—

Machine

7-

preferred

pfd.

4%

5- 5

100%

(quar.)—
Freiman (A: J.), Ltd. .(extra)
Fruehauf Trailer Co., com.
iquar.)_

6-

5- 5

5-22

(quar.)—

Franklin Simon & Co.,v-4.% %• pfd.

5-10

i/t; 25c

...

„

Detroit-Michigan Stove, 5%

5-19

$1.37%

__

1

$1.25

iquar.)

6-

prior preferred

5-19

5-10

6-

2 -

6-2

*

—

6-

%c

Detroit

40C

$1.25

Company,

preferred

bearing

6-12

(quar.);-—

Equipment

5%

5-15

/ '.;f$1

Co.

6- 1

(quar.)

35c

(quar.)>-——...

Derby Oil Co. (Kansas)..
$1:23

prior preferred

6-

'

5-34

6-

'

./••V''./:'.;;•/.'/'•

6%

35c

—.

.

properties Co.

for

Potter-Wheeler Corp.,'

1

American ; deposit

Ltd.,

Co.,

Boldore

6-

*50c

•

AT

Payable of Una.

:25c

ordinary (annual)
Formica Company
(stock dividend)
Fort Pitt Bridge Works (quar.)

5-19

.

Motor

,6-

25c

(quar.)

common

:a

-5-1

(quar.)

Ford

-When

Share

*50t.

receipts

•5-1

6-

50c.

Del

i

5-19,

6-

■

Wallace, class B (quar.)—
Motor Co. of Canada, class A

.Class- B

>

$37%CJ

(quar.)

Ford

■

$17%C

i

.

.

33/*..% .preferred A
.3%%. preferred B

1

6-

7-20

6-1

t $1.75

(quar.)

Dayton Power & Light Co., com.

6-15

$1.50

pfd.

Ltd., class A (quar.)

Class

.

7%

Inc.,

Sons,

•«-••«»

t'yj

\

Forbes &

6

'/'/ 50c

(quar.).

Davis

$2.50

(s-a)^
Cincinnati Milling Machine Co., common—
4% preferred iquar.)
icinnati, New Orleans & Texas Pacific Ry.
Oo., 5% preferred, (quar.)

6-19

50c

(quar.).

/

Inter-Terminal RR. Co.—

'preferred'

A

•.

5-20

1

6-

25c

$2 class
class

6 :.W

'

/;

Cushman's

6-

,6-19

50c

.

■

6-13

$1.25

preferred series A (quar;)—

Dhicago

6-30

com._-

Per
Name of Company

Payable 0/ Nee.

25c

common..

-

phicago, Rock Island & Pacific RR.,

-When - Rolfort

Per

Holder*

When

■

Share

,.

preference (quar.)
Arts Building

Corp.; $3

(2139)

4%

Cotton Co.,
Watch

convertible

Hammermlll

Co.,

Ltd

'

-

preferred

Paper

Co.,

——

(quar.)

6-15

6-15

6-10

25C

Z

—

5-10

1

$1

common

4%%

6-

*25C
25c

(quar.)
(quar.)

common

preferred < (quar.)
,~t
4%% -preferred
(quar.)
Hammond Instrument Co.
\

—

rS-26-

..,5-38
,

5-19

1

8-9

•$1.12%

7- 1

-6—9

50C

610

$-25

7-

,^$1.06%
•

V*.

The Commercial and Financial Chronicle

Per

Name of

Company

Hancock Oil Co. of

California, cl. A (quar.)

•

Extra

,

.

B

$4.25

A.)

Company,

preferred

1

5-15

6-

1

5-15

—

Co.,

6-30

6-10

6-12

6-

6-

1

5-15

50c

6-

1

5-11

$1.50

7-20

7-

'■? 30c

6-15

6-

48%C

6-

1

8-

1

convertible

preferred
Chocolate Corp.—

Hershey
4^4%

preferred

4%%

A

preferred

Hewitt-Robins,

B

1

10-20;

(quar.)

—

6-

1

5-19
6-30

5-25

5-15

Kalamazoo

5-25

5-15*

Chemical,

common

3'%%

preferred

A

6-

(resumed)

&

Co.

(monthly)

4%

Corp.,

com.
(increased quar.)
preference
(quar.),

convertible

(Edward) Lumber (quar.)
Hiram Walker (see Walker
(Hiram) G. &
Hires (Charles E.)

&

8-15

5-25

preferred

Hardart

31c

4>/4%
Howe

Plan

Howe

Motor

Special
Hudson Pulp

5-26

6-20

7-28

7-18

& Door

30c

1

6-

5-15
6-

7-

6-16

1

preferred

called

pfd.

Interim

partic.

Indiana Gas & Water Co.
Industrial Rayon

Ingersoli-Rand
Steel

preferred

6-

2

6-

1

5-12

6-10

5-20

6-

1

5-11

6-

1

5-11

5-29

5-13

6-10

5-31

6-10

5-31

6-12

5-12

6-10

5-11

La

6-30

6-19

6-19

12 %C

5-31

5-15

12 %c

5-31

5-15

7-

6-15

_

6-13*

6-30

6-20

9-30

9 20

Lake

IOC

3

4 6-

12-30,
6-

called
The

for

6%

1

5-19
6-30

6-15,

$1.50

7-

1

6-

$3

9-

1

8- 1

7

7%

17c

7%
$25c

t25c

$37y2c

6-23

5-

6-

5-15*

1

8

6-30
1

(accum.)

6*1
1

5-15
5-22

6-29

5-22

16c

6-10,

6-

17c

9-

8-30

9

1

6-

I

5-

50c

—

6-

1

5-17

8

27 %0

5-31

25c

5-31

$1

20c

$1.75
$50c

Salt

Lewis

Brothers,, Ltd.,

5-22
6-14

6-10

5-31

6-

5- 5

1

5-26

6-20

5-23

$60c

6-15

6-

Lionel

1

62 %C

6-26
6-26

5-26

6-

5-16

25c
10c

5-26

1

6-20

6-

1

6-

1

5-19

$1.50

6-

I

5-10

25c

6-

1

5-10

50c

7-14

6-22

$1.25

6-15

6-

1

50c

6-15

6-

1

16c

5-22

4-20

16c

n

■'

5-22

4-29'

8-

I

7-19

25c

1

7-19.

37%c

8-

11-

25c

preferred C

in

preferred (quar.)..
Southern Utilities Co.
(Del.)—
(quar.)
5%% preferred
(quar.
Iron Fireman
Mfg. Co. (quar.),
Jaeger Machine Co. (increased

5-23

50C

6-

5-10

$1.12%

7-

$51.00

7-

6-27

stock

$4.30

original
$4.30 original

Class

.

Loew's, Inc.
(quar.)__
Lone Star Gas Company

5-15

6-

1

93%Cr

6-

1

5-15
5-15

Long-Bell Lumber

30c

6-

1

4iy4C

6-

1

5-15

5-15

30c

6-

1

5-11

40c

6-10

5-25

(accum.)

1

5-

6-

1

6-

1

6-

1

8-15

11-15

3

6-

6-15'

4'/4%

& Sons, Inc.—
preferred A (quar.)—;.—,

Co., Ltd

5-26
5-19

1

5-15-

75c

66-

1

6-

1

5-15

6-

1

5-15>

5-15

6-15

6-

7-

6-15-•j

3

7-1

1

5-15'

6-15
5-31

5-17*
6-15*

.

6-10

5-20

,

5-31

5-24

4-2-51

3-19

37 %c

25c

6-

2

5-19

6-

5-

5-25
7-

6-10

1
5
1

5-

6-

1

5-10

6-15

5-31

5-10

7-31

6-30

$1

6-10

5-19

7-

1

40c

6-

1

5-

$1

6-

1

6-15

1

6-

1

7-

1

6-

1

5-22

6-

1

5-22

6-

1

5-22

96'/4C

7-

6-

5

97 %c

7-

6-

5

7-

6-5

',n~
10c

6-

1

6-15

5-31

6-12

5-29

6-12

5-29

$1.12%

5-

Co

of

Canada,
(initial

5-

4

1

76-

1

5-15

6-

1

5-18

6-15

5-31

5c
37 %c
25c

1

6-

6-10

1

7-15

7-

1

6-13

50C

7-

1

6-13

7-

(quar.)

$2

1

6-15

5-15

6-15

4c

6-15

56J/4C

9

9

1

6-30

5-31

6-10

80c

6-

1

5-20

70c

6-12

5-22

$1

55c

$1.10

12-

9

1

5-

$25c

6-

1

15c

7-

1

6-20

7-

1

6-15

6-

1

6-

1

5-

6-

1

5-

3

3

5-31

6-30

6-13

30c

6-12

5-26

$1

6-

1

5-12

75c

,6-

1

5-

6-

1

5-17

6-12

5-

3

1

7-15

6-15

6-15

6-16

20C

5-26.

6-16
6-

1

,5-20

1

5-13

$1 25

6-

1

5-13

$$1.25

7-

3

6-15

$50C

—

6-15

5-15

$50c

Ltd.

12-15

11-15

6-

2

5-20

6-

2

5-20

6-

9

5-25

$50c

$25c

—

;—

com.

50C

6-

1

6-22

6-

1

6-

5-19

38%C

6-

5-23

50c

(quar.)

B

Lines

6-22

$20c

(quar.)—___
5%%
pfd.
(quar.)

Society,
Co.,

.,■< 50c

$20c

6-

5-10

$1

6-

5-10

25c

6-

6-

1

15c

(quar.)

6-

5-15

$1.25

6-

5-15

37 %c

6-15

k

6-

I

■

$2

conv.

class

A

6-30

6-15

20c

5-31

5-17

5-31

5-15

6rl0

5-17

lc

5-31

10c

5-31

5-10

6-12

5-22

35c

6-15

5-15

35c

Co.___

6-15

5

6-

1

5-16

6-

1

5-15

6-28

6-15

37 %c

(quar.)__
of

5-26

40c

—

(s-a)—

Co.

5-15

6-1

25C

".

Mutual Chemical
.

1

6-10

59 %c

—.

Producers

6-

6-15

40C

30c

—____—__—

Supply

$$1.18
$2.50

—

•___

Finance

50C

5-10

15

America—

6%

preferred-' (qusr.)——r___^

$1.50

6%

preferred (quar.)
preferred* (quar.)

$1.50

9-28

9-21

$1.50

12-28

12-21

—

Nashville, Chattanooga & St.. Louis Ry

75c

6-

National

50c

5-23

Acme

Company

(quar.)

_______—-

1

National

Alfalfa Dehydrating & Milling Co.
preferred (quar.)
National Automotive Fibres, Inc. (quar.)—
National Biscuit Co., common
5%

—

—

7%

preferred*-(quar.)
Breweries, Ltd.,
7% preferred (quar.)

National

National
1

(quar.)
1
(J. S.) Company, Ltd. (increased)
(Robert) Company, Ltd.—

Fuel

6%

6-21

——

(quar.)

preierred

Loan

40C

25c

———

common

Extra

5-3

$25c

6-15

——

Murphy (G. C.) Company (quar.)
Muskegon Motor Specialties—

5-3

7-1

B

Missouri Utilities Co.,

Mountain

5

$12%c

5-26.

$1.15

Mountain

2-20

6-

5-11

1

(quar.)ri.——_———.

preferred

Extra"

11-21

3-10-51

25c

5-22

6-

5-19

Corp. (quar.)—
Motor Wheel Corp. (quar.)____,——
Mount Diablo Co
(quar.)

8-22

9

6-12
•

6-

Motor

5-23

9-

5-25

6-28

—-—

2-20

6-10

-

6-12

—

(Henry) & Company, Ltd.'—
preferred
preferred (quar,)—-,
(quar,
(J. P.) Company
Morris Paper Mills, common
(quar.)__
4% % preferred (quar.)
;
Mosinee Paper Mills

11-21

$1.10

5-15

40C

43A %
4%%

8-22

12-

7-

5-15
-

$15C

Ltd

;

6-13

50c

(s-a)

6-16

Morgan

5-23

9-

%

6-1

8-

50c

Morgan

5

50c

6-15

$50c

Montgomery
Moore-Handley Hardware Co., common
5%. preferred iquar.)————

5-15

50c

5-20

(s-a)—

(quar.)
(H. A.) Company—.____—_—

5-15

6-

5-19

6-15

6-10

Moore-McCormack

25c

6-12

6-10

75c

o5c

$4 preferred

1

87 %C

8-21

11-20

25C

quar.)_

Monsanto Chemical

9

6-

5-18

8-31

11-30

20c

Corporation; (stock dividend)

Monroe

5*

5-

5-31

$1.12%
$1.12%,

50c,

Extra

'5-22

5-22
5-31

5-15

30c

Mohawk Carpet Mills, Inc._____.
Molson's Brewery, Ltd., class A (quar.)
Class, B
(quar.)_r__
Monarch Machine Tool Co.;

40-24

65c

,

$1.083/4

—

Semi-annual

7-24

1

^

5-25

10c

Semi-annual.

1

8-

$25c

5.

81 %c

(quar.)

Modern, Containers,

6-22

11-

7-

5—

10c

(quar.)

preferred

common

Mitchell

(Fort

$1.06

1

37%c

(quar.)—
(quar.)

preferred

Mitchell

5-10

88c

6-

25c

5%

5-19

$15c

$1.50

5

Co.,

preferred

preferred

Class

8
.

50c

Company

non-cum.

4%

5-15

9

$1.08%

5

5-

$1.62%

Mississippi

5-20

66-

75c

1

5-

1

Power, 4.60% preferred (quar.)„
Missouri-Kansas Pipe Line Co., common

6-10

7-

35c

,

5-

1

(One share of Mission Development Co. for

5-10

1

6-

$1

1

66-

25c

each two shares held.)
Mission Development
Company
Mississippi Glass Co.; common

I

30c

•

6-

40c

50c

—

(quar.)

common

1

$1.06y4

—

,

1

50c

30c

Co.,

$50'Ac

6-19

10c

Mission

5-15

5-31

62 %C

50c

Stores

(quar.)

t.20% conv. pid. A (quar.)____
Minnesota Mining & Mfg. Co., common
$4 preferred (quar.)-—
Minnesota Power & Light Co. (quar.)

6-10

1

^

6-14

50c

New

5-24

7-

$25c

)

.

6-15

Minneapolis-Honeywell Regulator—

5-24

1

Lowenstein (M.)

Lowney (Walter M.)

5-25

9
1

9-18

Mining Corp.

5-18
8- 5

11- 4.
5-15 :

37 %c

(quar.)_

6-10
6-

6-

,

12-19

8% preferred (s-a)
Midwest Rubber Reclaiming—
4'/♦%.. preferred (quar.)

4-19

5c;

____—

25c

37%c

$12%c

2

Extra

5- 3

50c

(Missouri) (irreg.)
Lord & Taylor, 6% 1st
preferred (quar.)—.
Louisville & Nashville RR.

5-20

$1

—

6-

$20c

(quar.)

6-15

(initial).

com.

8%
preferred iquar.)
Midwest Oil Company, common

5-15

25c

Long-Bell Lumber (Maryland) —

5-20

$62%c

3

$2

5-15

$1

6-15,

6-15

7-

•

1

■

1
1

$12 %c

1

A

6-

6-

25C

—

7-

class

5-15
5-15

1

25c

—.—

1,

$37%c

(quar.)—

preferred—

6-

'

6-15
6-

7%c

—

5-15
7-

1

25c

Midland & Pacific Grain Corp., Ltd.
Midland Steel Products, common

6-15

25c

7-

$4

3

25c

(quar.)

30c

1

12-27

7-

$1.00

Joint Pipe
Company,
8% preferred (quar.)—_
Lockheed Aircraft Corp..

6-15

1-10-51

112c

Lock

5

IOC

$$1.75

,

5-15

5-31
8-

$3

6-30

Mickelberry's Food Products

6-30

$1.10

(quar.)__

5-26

50c

5Qc

Continent Airlines, Inc—
Mid-Continent Petroleum Corp.
(quar.)
Mid-West Abrasive Co, (quar.)—
Mid-West Refineries, Inc.—•
$1.50 convertible preferred (quar.)
Midland Oil $1 conv. pfd. (quar.)

7-14

$1.25
—

—

133/4C

$25c

Mid

9-30

$1

*,

11-15

1-2-51

4% %
4% %
4% %

1

7-10

40C

Extra

1 '

1

8-

6-

10-10

$20c

_,

1

>10-

Michaels Stern &

6-15

50c 3-10-51

original stock
original stock

B

6-14

50c

stock

12-

50c

5-10

10c

stock

5-15

50C

12-20

1

(quar.)
(quar.)__

6-10

1

50c

9-20

12-28

1

(quar.)_

6-20

6-

(quar.)

Meyer-Blanke

6-21

9-26

$1.12%

30C

Co.

Aircraft,

1

6-20

5c

12 %C

Extra

$1.12%

6-

,

1

1

7-

Groceterias Inc. (increased)
Loblaw Groceterias
Co., Ltd., class A (quar.)
Extra

Common

quar.)_

5-15

6-12

30c

97 %c
_

5-31

3

40c

60c
.

5-15

50c

(reduced)—

22 %C

(initial quar.)
Service Co., com.
(quar.)
preferred
(quar.)

Iowa

Special

$4.30
Loblaw

ex¬

preferred

6-

5-25

37 %c

-

Little Miami Railroad special stock
Special stock (quar.)__.—

10-19

New

Public

6-14

75c

Entire issue called for
redemption on July 1
at $30 per share
plus this dividend
Liquid Carbonic
Corp.^ common (quar.)
3 % %
preferred (quar.)
Lit Brothers, 6%
pfd. Entire issue called
for redemption
on
June 5
at $105 per
share plus this dividend

$4.30

7-

$55.25

,
Holders of the issues
shown above are be¬
ing offered new common
($5 par), and
new

5-16

9

30c

(quar.)
Link-Belt Co.
(quar.)
Lipton (Thomas J.) Inc., 6%

10-19

11-

$59.50

Power—

5-10

5-26

15c

Corporation

Special stock
37%C

..

4.80%, preferred ($50
par)
change for outstanding
securities.
common
(initial)

9

7-

7C
•

$50c

6%% preferred (quar.)
Messenger Corp., 6% preferred (quar.)
Metal Textile Corp., common
$3.25 partic. preferred (quar.)
Participating
Metropolitan Edison—
3.85%
preierred
(initial quar.)__
3.90%
preferred
(quar.)
4.35%
pieferred
(quar.)
Metz Brewing Co

6- 2

60c

Co.

$1.25

fquar.)__

Mercantile

Ltd.—

Insurance

t40c

Participating




'i

Life

Quarterly 1
Quarterly L
Lincoln Stores, Inc.
(quar.)
Lindsay Light & Chemical

,

5-25

10c

——

National

6-

$1

(increased)

6-

50c

Libby-Owens-Ford Glass Co
Liberty Life Insurance Co. (So. Carolina)—
Quarterly
Life Savers Corp.
Liggett & Myers Tobacco Co. (quar.)

6- 9

Participating

Electric, Light &
7%
preferred A
6%% preferred B

9

3

Investors Selective
Fund, Inc
Investors Stock
Fund, Inc
Investors Trust Co. of
Rhode Island—
$2.50 preferred
(quar.)

Iowa<

6-

7-15

5-10

Merritt-Chapman & Scott Corp.—

5-17

6-26

1

$15c

2

—

6-15

$1.25

***

common

7-

$25c

(quar.)

6-15

7-

6-30

30c

Company (quar.)

6-

.,

6-10

IOC

,___—_—

7- 3

__

6-20

$40c

$3

;

5-16

$25c

$$1.12Vi
$1.12%

(quar.)

7-14

1

25C

_

4-29

Lincoln

(special)
Canada, Ltd

1

6-

20C

Ltd.l

4-29

Common

$37 %C

5-31

10c

——z—z.

Leslie

5-12

35C

1

.

5-19

1

(quar.)
Common
(quar.)
Mclntyre Porcupine Mines, Ltd.
Mead Corporation, common
4'%% preferred (quar.)
4% 2nd preferred (quar.)

5-31

6-15
8-

10c

Lansing Stamping Co. (quar.)
Lanston Monotype Machine Co.
(quar.)
Laura Secord Candy
Shops, Ltd
Lea
Fabrics,; Inc.
Leath & Company, common-,
(quar.)
$2.50 preferred (quar.)Lee (H. D.)
Company (quar.)—.
Lees (James) & Sons
(quar.)
Lehigh Coal & Navigation Co
Lehigh Portland Cement Co. (quar.)

5-19

6-

6-12

6-10
6-

5-31

Common

$1

—

5-19

25c
35c

a*"
85c

preferred iquar.)
McCormick & Company
McDonnell

6-15

50c

$1.50

Lane-Wells Company (increased)
Lanett Bleachery & Dye Works
Lang (John A.) & Sons, Ltd

5-16

6-

5%

^

40c

(quar.)
Lamaque
Gold Mines, Ltd. (interim)
Lamston (M. H.), Inc. (quar.)—___,
Landis Machine Co.
(quar.)
Quarterly
:
Lane Bryant, Inc. (quar.)

5-25

5-15

1

25c

iquar.)

Common

31 %C

preferred

6-

$5

Common

—

Milling,

5-31

$2.50

re¬

Shore

the Woods
Common (quar.)

5-15

93%c

(quar.)

—

10c

Lake of

5-29

$1

(quar.)

5-15

5-25
6-15

1

5-25

1

6-10

933/4C

—;—

(L.). Ltd., preferred (s-a).
Mc-Coll Frontenac Oil Co., Ltd
LVV/UAU
McCord VVM4., common ;(quar.)
Corp.,

prior

15c

~

(quar.)

<1947 series)

McBrine

$6

Mines, Ltd
Lake Superior District
Power, common
5% preferred (quar.)
5% convertible 2nd preferred iquar.)

12-20

1

8-

1

30C

International
Petroleum, Ltd. (s-a)
International Products
Corp. (quar.)
International Resistance
Co., common
International Silver Co.
International Utilities
Corp. (quar.)
Interstate Department
Stores

preferred

1

6-15
7-

6-15
6-

5c

Company
(increased quar.)
McAleer Mfg. Co., 5% preferred (quar.)_

6-26

Industries

50<?
$1,25
$1.25

$$1.25

International; Paints,
Ltd., 6% pfd. (s-a)
International Paper Co.,
common
(quar.)

Intertype Corporation

France

Quarterly
Quarterly
Quarterly
Labatt
(John),

Industries, Ltd.—

Gas

6-

.

6^26

Plant-Choate Mfg. Co.—
5% conv. preferred (quar.)
La Salle Extension
University—

;

Natural

5-15

30C

5-15

25c

Maytag

5-31

1

6

5-15

6-15

30c

—

preferred

5-

5

——

$3.75 preferred
$3.40 preferred

5-15

La

6-30

75c

Company

$4*. preferred

5

6-28

—

$1

(quar.)

(quar.)
4%% preferred
(quar.)

3.75%

the

$3.75

5-15

6-

—

30c

International Bronze
Powders, Ltd.—
6% preferred,
(quar.)
International Cigar
Machinery Co
i.
International Harvester
Co., 7% pfd. (quar.)
International Metal

4.80%

and

5-15

6-28

$1.50

Group shares (increased)
Stock & Bend
Group shares
International'. Business Machines
Corp.—

3.90%.

$115

1

2

Aviation

Iowa

at

6-

5-22

$20c

*1 a''u~
$1.93'/a

6-

2

6-

entire

Institutional Shares, Ltd.—

International Mining
Corp.
International Nickel Co. of

5

1

$1.43 %
$1.43%

32c

5-

t$l

Co.

Class A common

6-

25c

6

5-26

6-28

50c

common—

(quar.)
Corp. (quar.)
Special stock dividend
Industrial Silica, 6%%
preferred
6%% preferred
(accum.)

5-15

23 %c

6

5-25

40c

$1.25.
$1.25

(This

Ltd.,

5-25

1

——:———

5-15

5-15

6-15

$12y2c

Color,

6-

6 Vic

preferred

pfd.

5-22

6-

preferred (initial)^.

5.60%

1

6-15

$1.18%
75c

5-

6-15

•

&

convertible

6-

5-15

6-

25c

___

25C

ir

5-

6-20

42c

redemption on May 25 at
$53.15 per. share
plus this dividend)
Imperial Chemical
Industries, Ltd.—
Ordinary registered (final).
:
Imperial Oil, Ltd. (s-a)
Imperial Tobacco Co. of
Canada, Ltd.—

6%

,

—

1

1

5-22

for

Imperial Varnish

6-16

20c

'

1

7-

$25c

issue

5-18

1

(quar.)

1

11-20

37 %c

4.70%

1

7-

15C

6-

8-21

1

(quar.)

Co.,

6-

5-25
5-31

$5c

(quar.)
Corp, (quar.)
:
Massawippi Valley RR. (s-a)
Massey Harris Co., Ltd., common (quar.)—
6'/4% preferred (s-a)
Master Electric Co.,, iquar.):
Mathews Conveyer Co.
(quar.)_
Maxwell,
Ltd.
iquar.)
May Department Stores Co., com. (quar.)—

5

iquar.)

6-

1
1

pfd. B (s-a)
Hytron Radio & Electronics
Corp
Illinois Central
RR., common (resumed)
6% ncn-cum. preferred
Power

6-

5-15

Ltd

Mines,

—

__

$1.25
$1.25

(initial)

Hydraulic Press Mfg., 6% preferred
Hydro-Electric Securities
Corp.,

Illinois

6-20

40c

6-

69-

12-

37 %c

(quar.)
(quar.)

preferred

$75C

Gold

Mary Lee Candies, Inc.—
5%%
convertible preferred

I

—

pfd. at $100
plus the dividends shown.
Keystone Steel & Wire (increased quar.)—
Extra
4
Kingan & Co., 4% preferred (quar.)
Kings County Lighting Co. (quar.)
KingsbUrg Cotton Oil Co
King-Seeley Corp., 5% conv. pfd. (quar.)_
Kingsport Press, Inc. (quar.)
Kingston Products Corp. (s-a)
Kinney (G. R.) Company, common (quar.)_
$5 prior preferred (quar.)
Kirsch
Company
(extra)
Knudsen Creamery
(Calif.), com. (quar.)—
60c preferred (quar.)—
Koehring Company
Kresge (S. S.) Company (quar.)
Kress (S. H.) & Company (quar.)
Kroehler Mfg.,
4y2% preferred A (quar.)
4V2% preferred A (quar.)
4%% preferred A (quar.)
Kroger Company, common (quar.)
6% 1st preferred (quar.)

55c

(quar.)

com.

6-

1;

6-15

25c

Masonite

6-16

6-15

25c

unexchanged
shares
demption on June 26.

2

5-15

$1.12%

All

1

6-12

1

6-30

Extra

$6

5-15

6-

(R.

Common

5-31

1

40c

Kerr-Addison Gold Mines, Ltd. (interim)—
Kerr-McGee Oil Industries, common (quar.)
$1.20 convertible preferred (quar.)

5-15

6-10
6-

25c

—■

Keyes Fibre Co.,

$1.25
—

preferred (quar.)—

$2.50

Extr&

Key Company

5-29
5-17
5-17

$1

Kentucky Utilities Co., common
4%%
preferred (quar.)—
Kern County Land Co.
(quar.)

5-19

6-

6-12
5-31

5-31

15C

—

Organization, Inc.

6-30

4%C

new

6- 2

95C

(quar.)

(quar.)

1

$1.06 V*
$1.06%

5%

Interstate

Parchment

(quar.)
(quar.)

Company, common
preferred (quar.)

$4.50

1

Yorki¬

5%

Quarterly

50c

Kendall

Kent-Moore

6-

$1.12%
$1.12/2

5%

Co.,

1

2

30c

(quar.)

(quar.)

7-15

5-19

(quar.)
& Chemical Corp.

Vegetable

6-

$1.06%

Mortgage Corp

Huttig Sash

7-

6-

3-31

$50c

——

5% pfd. (accum.)
Mallory (P. R.) Company (quar.)
Manhattan Shirt Co. <quar.)_.
———
Marathon Corp.,
common
(quar.)—,
5%
preferred
(quar.)
Marine Magnesium Products Corp.——
Mar-Tex Realization, common

9-30'
6-

1

6-15
6-15

Maine Central RR.,

6-30

1

$1.25

31 %c

(increased)

(quar.)

Paper,

1
2

7-

30c

preferred

50C

$1

(irreg.)

Car

&

710-

6-

i5c;
%c

(s-a)

Ltd

Lake

6-10

20c

Co.

Company, common
A preference
C.) Company..

class

$1

7-11

65c

common

Kayser (Julius) & Company
Kelvinator of Canada, Ltd

5-16

6-30

$25c

pfd. A (quar.),
5.12% preferred B (quar.)
Humble Oil & Refining Co
Humphreys Mfg. Co., common
6%
preferred (quar.)_
Hunt Foods,
Inc., 5% pref. (quar.)
5% pref. series A
(quar.)—
Huron & Erie

Inland

5-17

1

20c

--

__,

*■'"

6-

25c

(quar.)

Fund

1

8-

20c

25c

(New

6-21

Mahon
$1

Oil

Company

Red

Holdere

Payable o] Rec.

17 %c

$3c

Consolidated

Mines,

Magnavox
6-30

(quar.)
common
(quar.)

Products,
& M.

When

Share

Inc.

Mackintosh-Hemphill Co. (quar.)
Maclaren Power & Paper Co., Ltd._,

stock

—;

4% preferred
Kawneer Co. a

5-18

25c

Company, common (quar.)
4%%
preferred
(initial)
Hudson BayMining & Smelting Co., Ltd.—

$1.50

5-18
5-31

25c

Sound

6%

1

25c

(quar.)
Lighting & Power Co
Stores Corp.,
common

7-18

1

per share

-

Co.

preferred

Hudson

1

6-

$1

preferred

Howard

6-

62 %c

(quar.)

(quar.)
Hooker Electrochemical
Co., com.
$4.25 preferred (quar.)
$4.50 preferred (quar.)
st

7-25

6-10

87 %c

25c

(quar.)

Houston

3.8%

7-25

6-15

Company,

Home Oil Co., Ltd.—
Honolulu Oil Corp.

8-

Macassa

6

Madsen

25c

(Henry)

5-25
6-

M.

Macwhyte

Keyes Fibre, 6% prior preferred—
.

1

6-20

93 %C

Johnson

30c

$1 non-cumulative
class A (quar.)
$1 non-cumulative class A
(quar.)
$1 non-cumulative class A

&

5-15

8-15

—

Horn

1

W'.)

Company (quar.)
Hobart Manufacturing Co.
(quar.)
Hollingsworth & Whitney Co., common
$4 preferred (quar.)

5%

6-

6-19

&

Aluminum

Year-end

50c

—

Hines

Holt

1

20c

Hotels

Johnson

9*

20c

Monthly
Monthly
Hilton

30c

50c
----

Bartlett

7-

10c

-

—

common

preferred B (quar.)

Hlbbard, Spencer

1

25C

(quar.)

Co.,

6-

60C

Kansas City Power & Light—

7-

91 ViC

56»/4C
—

Metal
&

20c

Quarterly
& Laughlin Steel Corp.,
5%
preferred A (quar.)

Jones

7-15

53y«c

(quar.)
(quar.)

Heywood-V/akefield

(quar.)

Lyon
M. J.

5%

37 %C

30C

(quar.)

B

Inc.

Heyden

5%

pid.

6-15
6-15

$1.25

-

dividend)
share of preference

$1

(quar.)———

6-30

6-30

(stock

25c

—

Luminator-Harrison,

$1.25

(quar.)

(quar.)

Per

Name of Company

5-19

$1.25

4% 2nd preferred, series A (quar.)
Johnson Oil Refining (quar.)—

7-20

11-

(irreg.)-.,

6%

common

9

6-

Monday, May 22,1950

Holdera

Payable oj Ree.

37 %C

'for each share held.
Johnson & Johnson—

Kaiser

preferred (quar.)—
Haverty Furniture (quar.)
Hawaiian Pineapple Co., Ltd.
Co.

i

5-15

$1.37 %
$1.37%

25c

conv.

Glass

preferred

One-twentieth

1

*

(H. J.) Company, 3.65%
Hercules Steel Products—

Company,

Preference

6

Hathaway Bakeries, Inc. (quar.)
Havana Lithographing Cc.—

Hazel-Atlas

3% %

2

$1.37%

(quar.)—

Tea

When

Share

Water

Jim Brown Stores, Inc.—

—

Heinz

Jewel

6-10

6-30

common

(quar,)—

preferred

$1
5%

Name of Company

Supply Co., common
$5 preferred A (quar.)
—.
$5 preferred B
(quar,)—
Jantzen Knitting Mills, 5% pfd. A
(quar.)_

class B

common

(quar,)

Per
•

Jamaica

6-10

6-

25c

———-

Company (quar.).—
Hartford Electric Light, 3.90%
pfd. (quar.)
Harris (A.) Company 5%%
pfd. (quar.)

6%

6-30

;

$1.06 V*

and

Chemical

5%%

5-15

-

Refractories

preferred

Harshaw

1

40c

—

the class A

on

Harbison-Walker
6%

6-

50c

(payable in class A)

(M.

5-15

$1

Year-end
Stock dividend

Hanna

1

—

——

shares

6-

25c

(quar.)—,——

Extra

Holdere

Payable 0/ Rec.

50c

—

Year-end
Class

When

Share

,..

National
$4

Cash

—_

com.

(quar.)

6-

1

5-15

40c

6-

1

5-10

7-14

6-

5-31

$1.75
$50c

50C
common

(quar.)-

8

5- 9

50c

$1.75

Register Co

City Lines, Inc.,
preferred A (quar.)

62 %c

5-

25C

$1

6

5-

9

3

6-

9

5-31

5-

9*

7-15

6-30

l; 7-

6-15

6-

7-

6-16

1

2

<

-

rolume 171

Number 4909

-

Name of

Payable of Rte.

-/"T5C

Cylinder
Iational preferred Gas Co., (Del.)
Container Corp.
ational

5-15

20C

6-10

5-10*

Paterson-Sargent

6-

5-10*

Paio

(quar.)—

com.

4»A%

$1.06

(quar.)

43/4%

preferred

6-

$1.183A

(quar.)_

Dairy Products Corp.
\ ational Discount, common
5%
preferred (quar.)—

40C

6-10

5-31

6-10

5-31

60c

(quar.)

preferred
(quar.)
Jational Electric "Welding Machine—

6-

1

15c

1

5-12

+

—

Corp.

5c

rational

Grocers

Extra

Ltd.,

Co.,

8-25

7-

1

6-15

A

Class

6-

1

5-18

+40c

7-

1

6-

2

7-

1

b-

2

$1.75

6-15

rational

Lead

rational

Life

(Tenn.)

Accident

&

(quar.)

Insurance

preferred

rational

Steel

Tea

3

6-15

7-

3

6-15

Perfex

6-15

Perkins

—

6-13

5-31

6-

1

5-16
8-

4

Peter

8-15

8-

4

Petti bone

25c

5-26

5-16

60c

6-

5-

1

1

5-31

6-

20c

Pfizer

5-10

6-15

t$1.25

50c

6-

9

5-19

50c

Company

Air Brake Co

6-

1

5-15

.

1

$4.50

6- 2

5-11

$4
75c

stock

5-22

5-11

6-

5-23

50c

7-

1

6-15

!25c

rewberry

(J.

6-

1

5-10

(quar.)

1

Newport News Shipbuilding &
(Newfoundland Light & Power

Dry Dock
riagara Mohawk Power Corp., common
Class A (quar.)—
—
<3.40%
preferred (quar.)—
*—
3.60% preferred (quar.)
3.90%
preferred (quar.)
Niagara Share Corp. (quar.)—
Nopco Chemical Co., $4 preferred .(quar,) —
Noranda

Southern

Norfolk

&

Normetal
North

$2

(interim)—

Ltd.

Mines,

Norfolk

Railway

Car

Corp.,

North

River

Northern

Insurance

States

Co.

Common

(N.

Y.)

5tt%

6-20

5-31

5-31

7-15
5-25

6-

5-19

Service,

1

't

•

35c

-$i.3iy4

6-

5-

>4$1

6-

1

5-

Extra //-l--——————

7%

'—

— •

•

0-10

6-

25c
•

(quar.)——-

Company,

6-15

6-

5-24

$1

6-15

6-

1

6-15

6-

5-23

3

6-

1

1

—

(quar.)

—

12-15

$1.12 Vi

3.90%
—

4.40 %

-4.40%
Oil

Ohio

if- — — -"

i-i»r

.Ohio

;

—

—

$2

—,———*

class A

conv.

(quar.).

——

-

Inc.,

4ya%

7 Vi %.

of

tax

non-resident

Africa

South

The

2

net

6-10

5-

amount

55-

5

Corp.,

0-15

6-

5

6-

preferred

Extra

'

6-20

1

5-17

50c

8-

1

7-12

$1.50

0-

1

5-11

$1.12Vi

6-

1

5-11

$3

6-

1

5-

32%c

6-

2

5-15

1

share

(one

6-15

1

5-15

40c

6-

1

5-15

each

for

5

5-25

32 Vic

Paragon
Parker

Rust-Proof

Parkersburg
$4.25

Company

5-15

6-

1

5-20

6-15

$2.50

8-31

5-19

5%

6-

1

5-10

5%

1

8-10

5%

11-10

1

6- a

7-

6-

1

5

6-28

$-31

8-15

8-

9-15

9-

1

12-15

12-

Assn.,

X

6-30

6-15

35c

5-24

5-10

Ltd.—

•.
■

(increased)—
(quar.)

*/ 7c

6-

1

5-15

STVaO

8-

1

7-18

•

—

RR.—

-

$20c

6-1

5-15

dividend.

6-

1

5-13

Serrick Corporation, class

87»/2c

6-

1

5-10

6-19

6-

7

Regent

pfd. A

Ltd.,
non-cumulative preferred
non-cumulative
non-cumulative

$1.60

Manufacturing

Reliance

preferred

preferred
preferred
Co.

Brothers, Inc.

$4.50

preferred

Class

1

6-

1

:i

Extra

I

1

$1.50

5-31

40c

6-15

$25c

5-25

4-15

25C

6-15

6-

1

25c

9-15

9-

1

25c

5-29

87y2c
35c
50c

50c

7-

1

5-31

;

'

4-21
6-12

6-10

5-19

7-

1

6-16

6-

1

5-15

50c

6-

8

5-18

62'/2c

6-

1

5-15

6-

1

5-15

7-

1

5-29

1

0-29

$1.23

(quar.)

12-27

40c

b-15

,'; 0-' X

50c

4-10

% 5-10

•'•

1

11-15

6-

1

5-22

87y2c
25c

(quar.)

7-

I

7-1

6-14

6-

9

$1.12 y2

1

6- 9

$28c

iquar.)

7-

7-

3

6-15

-$10c

6-

1

%; 5-15

10c

6-

1

5-15

+

(See

Ltd.

preferred

(increased

(quar.)

(quar.)_^

common

(quar.)

6-10

1

1

50c

'

6-15'

25c

——

$56'Ac

Skelly Oil Co., new common
Inc.

(quar.)
Steel &

1

6-15

59%C

6-30

6-19

31V4C

7-

1

8-19

$1

6- 1

5-15

1S1.75

7-3

6-

6-15

10-

2

9-15

5-25

5-10

5-29

7-15

7-15

75c

7-

$1.50

7-

25c

$1.31 V*

3

1

66-

9

9

125c

7-29

25c

6-10

25c

6-10

6- 1

1

5-19

<

'

,

25C

South

Bend

Southeastern

Southern

62yac

6- 1

5-15

50C

6-9

6-

$30c

6- 1

5- 9-

'•:* $$i_25

4V2%

6-1

5-10

Southern

-8-1

7-10

4.887c

6-1

5- $

70C

6-15

5-19

:$i.i2ya

6-15

5-19

1.50

6-14

5-29

$

5-25

$1.50

6-14
6-19

5-15

6-14

5-26
8-12

6-20

Bag

& Paper Co.,

9-20

9-11

12-20

12-11

30c

6-10

5-19

6- 1

5-11

6-1

5-11

6-9

/

5- 5':v

8c

6-

1

6-

X

5-31

5-15

i2yac

5-29

5-15

40C

5-31

5-15

30C

—

6-30

6-33

75c

Lines

preferred- (quar.)—

6-

1

$i.i2y2

G-

1

Inc.—

5-16,
5-10

California Edison—

preferred

1

31V4c

Works (quar.)

Greyhound

Advance

X

25C

(quar.)

Co. (quar.)
Gold & Platinum Co

Lathe

6-

6-20
- 6-

:

$1.05

Corporation, common
$1.25 conv. preferred A (quar.)

5-15

1

8-1

8-

5-23

87y2C

com.

Sonotone

4c

5-31

50C

& Sons Carpet Co..

9-15

15c

6-15
6-30

50C

3

15c

9

25c

f 30c

50C

:

2

Pulp

3

5-24

7-

Iron

7-

American

6-

6-14

30c

(initial*

10-

aouin

2

40c

$1.25

4.20%

Soundvlew

7-

6- 2
■

—

Franklin Simon
Simon iH.) & Sons, Ltd., com. (quar.) —
57c
preferred iquar.)
Simonds Saw & Steel Co. (increased)
Simpson's, Ltd., 4l/a7c preferred (quar.)
Singer Manufacturing Co. iquar.)
—

Quarterly
Quarterly
Quarterly
Smith (Alexander)

«

40C

(Franklin)—see

Sloss-Sheffield

5-19
4-15

.7- 2

Sigma

Skilsaw,

5-15

1

5-25

J 50c

preferred (quar.)
America—
$1.25
convertible preferred
(quar.)——
Sherwin-Williams Co. 4% pfd. «quar.)
Sherwin-Williams Co. of Canada Ltd. *—
7% preferred (quar.)
~/
Shoe Corp. of America, class A (quar.)
Sicks Breweries, Ltd. (quar.)

Company

5-25

*

43/4%

Mines, Ltd.
—
Signal Oil & Gas, class A (quar.)—
Class B
(quar.)—
——
Signode Steel Strapping, com.
(quar.)_____
57®
preferred (quar.)

6-

$30C

Sheraton Corp. of

preferred (quar.)
preferred (quar.)
Socony-Vacuum Oil Co., Inc.

30c

5-25

5-25

5-15

.

•

(quar.) —

4 Vi %

Simmons

5-25

/; $1

Sbawinigan Water & Power, com.
4% series A preferred (quar.)

5-25

6-15

"

'

(The)

Sharon Railway

5-31

6-15'

10c

Pen (quar.)

6-15

15c

^—

5-31

6-15 •

22c

$5c

'

Copper & Brass,

6-10

7'

25c
—.—

B (quar.)

$27C

(quar.)

convertible preferred A

7-1/

15c

31V4c

(quar.)__

3.50%

Ltd.,

Steel Co., com.

12—9

Investment

5-15

12-

•••-8- 9

;

$1.25

;

-

(quar.)

Shaeffer (W. A.)

Simon

15c

Republic

5J/4%

9

$40c

5-15

6%

5-

common

(111.),

Republic Insurance Co. (Texas) (quar.)—_

Revere

8- 3

8-15

5-29

5-19

5-17

1

50c

1

;

1

9-

(quar.)

A

5-30

$1.23

$5C

A

5-15

,..

•

series B preferred (quar.)_
Manufacturing Corp.
Bhellmar Products Corp., common iquar.)—

440c

Extra
Class

8-19
6-

>'

Class A
•

-

5-31

(quar.)
(quar.)__

(quar.)

Remington-Rand, Inc., com.

-5rl5

■

25c

Sheller

64c

6-

Republic Investors Fund, Inc., common
6% preferred A (quar.)____.
6% preferred B (quar.)

6-

1

$40c

(quar.)

5-21

$1.06 »/4

6-

-

Mills,

Knitting

6-15

5-19

€1.02

6- 1

6-30

6-30

$1.183/4

<quar.»

5-31

5-22

35c

4%c

(extra),

(extra)

IOC

1

5-31

5-19

434%

8-11)

$3IV4c

Extra

5-10

6-

6-

5-10

6-

1

6-15

1

5-26

6" 1

45c

1

1

i2y2c

$1.16

6-

Owl Stores,

7-11*

«- 1

•

"$1.07 Vi

common—
preferred (quar.)—.

Seem an

7-

Red

1

Secord).

Laura

5-15

60c

class A

1

8-

-91

Securities Acceptance,

1

$1.25

Equities,

8-

..$1

•

Snops,

6-

preferred (quar.)
Bakeries Corp. (quar.)
Quaker Oats Company, 6% pfd. (quar.)
Quaker State Oil Refining
;
Quebec Power Co. (quar.)
Rapid Electrotype (quar.)_
Quarterly
Radio Corporation of America, com. (extra)
$3.50 conv. 1st preferred (quar.)
Rath Packing Co._—
Rayonier, Inc., $2 preferred (quar.)
conv.

Estate

7-17°

85c

—

20c

Purity

Common

5-29*

106%

17)
—

Co. of Delaware

Candy

-6-12

90c

(quar.)
(quar.)
(quar.)—

(Laura)

Secord

•

1

O-l

6-15

$1.25
$1

Loan

45c

7-

■>—

7-

$1.25

Roebuck & Co. (quar.)
Second Canadian International
>Co.,
Ltd.,
common___.__
4% partic. preferred

5-10

6-20

$$2

5

5*

$1.25

stockholders July

preferred
preferred
preferred

4

1

preferred A

Seaboard Oil

20

quar.)

6-15

,

7- 4

6-

•

:

Seaboard- Air Line

,

1

1

7-25'

160c

•*$1.10

'

6-

12-

7-

•

$1.06 Vi

5-25

common




6-30

25C

5-26

7-25

15c

-

"5-23

5%

50c

62y2c

Co.,

6

5-33

6-15

440c

25c

—

preferred (quar.)—

6-

6-15

«- 7

•

1

6-10

•

$20c

■—

Co

Rig & Reel

9-10

1

$1

(quar.)

6

7-

75c

•

preferred (quar.)
preferred (quar.)
Scovill Mfg. Co.,
3.65% preferred (quar.)
4.30% • preferred
(quar.)
Scythes & Company, Ltd
5%
preferred (quar.)—

5-16
6-

>5-22

5-30

•

9

4-20

"

•$$1.50

$4

•

6-

1

6-30

$$1.06
•"*'

<

__

(quar.)

Electric Co.———

Pen

2

6-

40c

preferred (quar.)

Parker

1

10-

$1.50

_

7-

32 Vic

—

1
1

—

$3.40

.

of Colorado—

(quar.)

Renold-Coventry,

quarterly)

com.

6-

6-30

6-

3V2%

Pacific Intermountain Express Co.—

5-13

6-1
7-

30c

;

5-15

5%

(increased

Inc.

6-15

(quar.)

5-15

1

7-

(quar.)

Inc.

Remedial

common

•

6-10

Real
1

i

$6 Vic

$1.12 Va

Sears,

Ray-O-Vac Company (increased quar.)_!
Reading Company—
4%
non-cum.
1st preferred
(quar.)

1

Co,

5-15

"

.

Corp.

Arms

5%%

5-25

•

50c

5-19

7-

(quar.)

6-1

(quar.)
Scott Paper Co., common (increased quarjStock dividend (Subject to approval ol

50c

5-31

37 Vic

Line,

'

6-

/.25c

'

20c

6-

37y2c

$1

Sayre & Fisher Brick Co;
Schwitzer-Cummlns Go.—

(increased quar.)_.

5%

preference
(quar.)—
Pacific Finance Corp. of California (quar.).
Pacific Gamble Robinson Co. (quar.)—

Corp.

Savage

25c

""""

Oil Company com.

I

Pipe

9

$50c

(quar.)

.

6-16

6-

>

5-22

—

Products,

Steel

Francisco

15c

31 at $110 pei- share plus this

'/

6-

Eastern

6-16

Corp

Royalty

Semi-annual

%

$$1.50

——IIIIIIII
I

Common

6-10

Economic

San

5-24

6-1

45c

preferred

$1

4%

5-19*

$50c

(quar.)

Canada

of

dividend,
held)

6-26

$1.25

Panhandle

1

6-15

37 Vic

shares

Pure

Paper $5 pfd. (quar.)
Pacific-American Investors, Inc.—

Palestine

6-

22 '/2c

——

(quar!)

(quar.)

Ltd.

Metals of-America

$1.60

Machinery Co. (quar.K
Co., 5% preferred (s-a)

$5

A2

"Quarterly

Pullman,

0-30

9

6-15

(quar.)__.

preferred
(quar.)
preferred (quar.)
preferred (quar.)

$5

5-19*

"$1.25

—

Corp.

5-10

25C

1

9

6-

f

20c

1st

$5

1

25c

5

Mfg.

•"

6-20

6-

5-19

5-

$1.50

1

6-

Paper Mills, Ltd.—
preferred • (quar.)_
$2.40 2nd preferred
(quar.)

20q

1

5-25

Facolet

5-29

7-1

6-

35c

Package

6-30

6-12

$1'

5-19

$1.60

(increased

7-15

20c

1

5-15

Lumber

9

6-

1

Common

5-

1

5-19

5-15

6-

2

6-

6-

35c

Regis Paper Co.* common (quar.)
"
4.40% preierred (quar.)
St. Louis-San Francisco Ry.—

6-

6-

\—

6-

Lawrence

$6

:

6- 9

94C

Co.

6-2

6-12

6t.

1

$4.40

Common

6-

5

5-31

6-

$3.60

Pacific

5-

.

6-30

6-16

5-15

Brush

6-

6-12

•4Vi%

6-16

1

Fibre

Corporation

Sabine

25c

6-

Oxford

6-15

35c

$1.50,preferred (quar.)
Royalite Oil Co., L^d. (quar.)
Ruppert (Jacob), 4Vi7c preierred (quar.)—

53 Vie

.

1

$$i.06 y»

(quar.)

Roxy Theater,

25c

90C

Ox

1

50c

1

37V2C

preferred (quar.)—
preferred (quar.)—
Outboard, Marine & Mfg Co.

1

1

5-15

Tall

6-

Rowe

6-

5-20

after

(quar.) —

5-12

15c

75c

6-10

Otter

12-15

6-30

noc

25c

7-

1

'

1-1-51

—III-

Ltd

preferred (quar.)
4.08%
preferred (quar.)
Puget Sound Power & Light Co.—
$5 prior preferred—
Entire issue called for redemption on May

6

1

$i.i2ya

5-12

6-

(quar.)

>>

$1.40

6

6-10

40c

Corp.

St.

3%i%

9-15

shareholders

4%%
pfd.
Power Co., common

Falls

10-

above.

deduction is shown

Oswego

7-

$1

6% preferred (quar.)—
preferred (initial quar.)_
Ontario & Quebec Ry. Co. (s-a)
O'okiep Copper Co., Ltd.—
American shares
(interim).-—————L
A dividend of 2s 6d (subject to the usual

Omar,

10-

sey^c

1

Public Service Electric & Gas—

1

6-

6-

Extra

5-11

9-15

7-

luaya.

Industries

Ross

1

,

1

25c

preferred A (quar.)——.
United Filters, class B

4%
Oliver

9-16

6-

20c

:

common—

6-16

1

66c

I_

(quar.)

preferred

6-15

9-

35c

Ohrbach's, Inc.. $2.25 preferred A (quar.) —
Old Ben Coal Corp. (irreg.)
Old Line Life Insurance Co. of America—

Quarterly
Olin Industries,

1

1

6-

40c

quar.)_

15c

91V4c

preferred

$3.95

1

9-30

25c

—

6-15

7-15

12 V2C

Paper Co., Ltd., 4'A7c
pfd.
Metal Works (quar.)

5-11

preferred (quar.f
Public Service Co, of Indiana—

1

$1.10

(quar.)

6-15

1

Art

Safway

common

2

6-

$1.10

rrr'-n-

Co., 4ya% pfd.
Seamless Tube Co

710-

$1

6-15

6-30

97 Vic

———

(quar.)

Company

'Ohio Power

$1

30c

preferred (quar.)
Co., com. (quar.)

preferred (quar.)
—
4.64%
preferred
(quar.)
Public Service Co. of New Hampshire (quar.)

50c

97 Vic

preferred (quar.)—
preferred (quar.)
preferred (quar.)
preferred (quar.)_

6-15

1

Extra

$1

v

4

"

3.90%

1

7-

$1

5-11

Extra

5-15

77-

preferred A (quar.)

1-1-51

I

■

Common

9

1

Public Service Co.

4-28

6-

5-15

$1.25

preferred A (quar.)
Mountain Fuel (liquidating)
Rohm & Haas Co., com. (increased

1

1

7-

30c

425c

6-1

$1.25

Rocky
47c

(quar.)_

(s-a)
Proprietary Mines, Ltd. (irreg.)
Provincial Transport (increased s-a)

1

5-18

30c

(quar.)

6-

Stock

50c

(quar.)

6-30

87 Vic

1

5

(quar.)

(quar.)

6-

«

55c

common

prior preferred

1

6-

57c

Quarterly

$$1.75

preferred (quar.)—

Edison

Ohio

preferred

57«

20c

4%

10c

preferred (quar.)

$2.20

5%

5-15

5-25

1

9-

12-

40c

pfd. tquar.t
St. Joseph Lead Co

6

Associated Telephone—

Ohio

5-19

8

6-

9-10
12-10

6-10

Saguenay Power Co., Ltd.,

'

,

,

1
3

6-

Prentice-Hall, Inc.

7-12

5-15

Co

5-15

•

«

5-15

1

$1.25

Manufacturing

6-

Price Brothers &: Co., Ltd.—

issue called for redemption on July
t 12 at $101 per share plus this dividend.
Nutrine Candy Company
—
.Oak Manufacturing Company (quar.) —
Ogilvie Flour Mills, Ltd., com.

Rockwood & Company, com.

5-15

3.60%

; Entire

•;

5-10

1

Pressed

5-

Rocxwell

5-20

6-

'

1

5-12

50c

Electric

Powell River Co.,

7-10

1

6-

6-10

1

;-;.i

1

1

6-

25c

6-

Power

8-

6-

25c

6-

6-

5-17

6-

5-15
——

$1.02 y2

quar.)^_„

Quarterly
Quarterly

7

6-15

25c

5-15

333%C

-$$1.13

5-22

1

6-

25c

1

$$1.50

1

6-

25C

IIHII

6-10

20c

€-15

6-30

5-29

Corp.—

25c

,

5-15

#

1

$1

(Initial

H

ser

Electric

5-20

5-15

-

5-22

Ronson

3

11-

1

.

1

preferred

50C

(quar.)

i

6-12*

J25c

preferred F (quar.)
Rock of Ages Corp.
Quarterly

25c

Co., common

q-

1

4%

Rclland

Potomac Electric Power

11-10
»

7-

$1.16

&

Rochester Gas &

Inc.'""

Class B (quar.)
Portsmouth Steel Corp.

"6-

20c

(quar.)_
4.50% conv. preferred series A (initial) —
Nova Scotia Light & Power Co., Ltd.—
<5%
preference ;(quar.)_——<—
-4% preferred (quar.)^_———~'4%%
preferred
(quar.)
1——,
Nunn-Bush
Shoe,
5%
preferred (irreg.)—

6-

1

5-10

$1.12 M,

com.

$1.12 V2

/,

6-21

Co.

6-12*

120c

Company,

(quar.)

com.

1

7-

30c

(quar.)

com.

II__II

$1.75

5-25

93%c

(quar.)—.'—
(quar.)—_—

5-22

$1.25
Pittsburgh Steel, 5% pfd. A~ (accum.) _.1.1
$1.37Vi
5V4% prior pref. 1st series (quar.)
Pittsburgh, Youngstown & Ashtabula Ry. Co.$1.75
7% preferred
(quar.)
125c
Placer
Development, Ltd.
(interim)
I_
37 VtC
Poor & Company,~$l^o class A pref. (quar.)

5-24

'

.

1

Extra

5-1$

6-10

1

29 Ho

prior to June 26.
Ltd., common

common

6-

6-26

$1.25

——

Iusurance

Norwich Pharmacal Company,

<

6-22

$1

—————~

Public

5-24

6-

7-

shares
1 at

Electric, 4%% pfd. G
called for redemp¬
May 29 at $105 per share plus

on

9-15

6-18

30c

(quar.)

6-

6-

Mills, common (quar.)
r- $4
preferred (quar.)
Pitney-Bowes, Inc., common (quar.)„_
'.-414% preferred
(quar.)—
—
/
Pittsburgh Coke Ar Chemical, common
$5 convertible preferred Kiuar.)
Pittsburgh & lake Erie RR.I
—IIIII
Pittsburgh
Metallurgical
»quar.)_

-6-20

5

6-15

PiJlsbury

6-31

1
5

6-15

2oC

(quar.)

6-A

$3.65

5-10

6-

37'/2c

(quar.)__

outstanding

6-30

'

1

6-10

6-15

this dividend.

6-ie

6-30

-

tion

5

1

6- 9

15c

6-

1

50c

;$1.37Vi

5-15

1

7-14

7-

<6-15

1

6-

10-

Pickle Crow Gold Mines,

7-

partic. pfd.

(all

&

pref.

Rochester Gas

$1.12Vi

5-12

.i

5-11

oi

Little

A

$1.12 Vi

6-22

6-

2 Vi 'shares

Robinson

(quar.)

1

:

40c

share plus this dividend)
preferred is convertible Into

per

(quar.)

6-15

$1.50

Life

:

preferred
preferred

•4Vi%

6-

5-22

share of

4.10%

(initial)
Phillips Petroleum Co. (quar.)

$1

9-15

6-15

*

25c

ptd.

III_
II

$9c

(quar.)—

1

—

Philadelphia Suburban Water,

1

1

(quar.)

25C

9

;

1

5-

$27

Pa.) —

.Extra

(Wis.)—

Power

National

Northwestern

66-

10-

50c

40c

75c

.

—

(quar.)—~—:
Northland Greyhound Lines—
<-33/*%
preferred
(quar.)—<
Northwest Bancorporatlon (quar.)
Northwestern

6-30

6-15

—

5-

1

■

*

—

preferred

5%

9

50c

Pennsylvania RR. Co.

North

6-

9-15

1

$1.75

50c

t$l

(quar.)

Refractories <quar.)

American

6-30

1

7-

(quar.)

$1.50

9

12 ViC

conv.

North

9

6-

97 Vic

.

1

6-

56c

(quar.)

75c

preferred (quar.)
| North American Investment—
6%
preferred (aceum.)
5.»/»% preferred (accum.)
;

9

6-

6-30

90c

—

common

6-

6-30

"

Co.

Mining Corp., Ltd

American

6-30

30c

2nd

10-

$1.75

(quar.)

Corp.

conv.

Each

Co.—

Company,

&

Corp.

$1 preference common (quar.).
I
Philadelphia Germantown & Norrlstown RR.
Co.
(quar.)
Philadelphia Suburban Transportation Co.—
Quarterly

5-15

1

85c

35c

—

-(quar.)
Western Ry., common (quar.)

6-

50c

non-cum.

Philadelphia

'

(quar.)

Company

J.)

non-cum.

$4

75c

-

Water Service

6-

2nd preferred (quar.)
2nd preferred (quar.)

non-cum.

$4

"•

50c

Founders shares
Jew York

1

$1.50

(quar.)
(quar.)

1st preferred
1st preferred
1st preferred

$4.50

5-22

$1.50

5-

Inc. (quar.)
Mulliken
Corp

(Charles)

$4.50
7-

5-17

1

_

(quar.)
(The)____

Brewing Co.

6-15

$1.75

(quar.)

All unexchanged shares

preferred
(quar.)
Phelps Dodge Corp
Philadelphia Dairy Products Co.,

Co.

York, Chicago & St. Louis RR.
6% preferred A (ac'cu.m.)-lew York Shipbuilding Corp—

Gear

1

being called for redemption on July

Class

3l/2%

5-17

5-31

preferred

&

7-

Extra

6-

1

5-26

$1.75

(quar.)
(quar.)

& Myers $1.50

43/4%

$2

Company

Pfeifler

2-

6-

5-1B

6-10

Rooertshaw-buiton Controls Co., com. (quar.)

811-

2-15-51

Oil

Paper

Robbins

6-12

Paul,

Pfaudler

1

8-15

11-15

2nd

Riegel

92 Vic

(quar")

Company

8-15

2-

$1.75

Coke
_
Corp. (Butler,

4%%

preferred

53y«c

10c

rew

Participating

7%

Permutit

11-

$1

Machine

47%c

Inc. (quar.)—

Zinc

6-30

60c

—

(initial)
(quar.)

com.

com.

15c

60c

Co._—

8-

11-15
2-15-51

33c

(quar.)

Corp.,

7%

5-25

1

$1.12 y2

'

lc

preierred
preferred

6-10

6-

(quar.)

Co

preierred

Richfield

5

8-15

25c

preferred

4 '/2 %

7-

preferred (quar.)
3.80% preferred (quar.)
raumkeag Steam Cotton Co. (reduced)-—
rebraska-Iowa Packing
— -—-—•—reilson (William), Ltd., 5%
pref. (quar.)__
reisnev Brothers Inc.
(quar.)

rew York

Common

$1.25

iVi'/o

Jersey

6-15

9-15

12-15

10-

25C

(quar.)

&

Telephone

Peoples

5-19

3

$1.12'A

new

Company,

Jesbett Fund,

1

7-

——

Cooker

Corp.,

6-

15c

(quar.)

Pressure

rational

12'/2C

(quar.)_

com.

(quar.)

preferred

rational

Corp.,

5-26

1

1-2-51

Water Corp.—

Peoples Gas Light

—

Service

Linen

2nd

$7 preferred (quar.)___
Pennsylvania Telephone Corp.—
$2.25 preferred (quar.)

Co.

(quar.)

rational

4V2%

——-—

class A pfd.

Co., 7%

D

Pennsylvania/ State

1

1st

7%

common

prelerred

4.05%

1

(quar.)

A

9-

12-

7%

6-15

$1.10

Pennsylvania Electric, 3.70% pfd. C
4.40% preferred B (quar.)

1

5-15

1

Oil

•>"

6-15

40c

(quar.)

Rice, Stix, Inc.—
T/o
1st preierred

$1.01

Pennroad

10-

1

7-

50c

6-15
6-15

1-2-51

6-

33c

1

115c

5-1

25C

1

J15c

1

33c

7-

(quar.)

6-

3

;

$1.12Va

(quar.)__

Ranch

Rice

5-

™~
I

I15C

pid.

preferred

1

62 V2C

—™

7-

(quar.)

A

Class

(quar.)

Corp.,

1

b-

62j/2C

(quar.)

+20c

(rational Hosiery Mills, Ltd., class B
Class

1

,

6-10

1

7-

31V«C

(quar.)

137 V2c

—

___

preference
(quar.)
rational Gypsum Co., $4.50

rew

6-

7-

20C

prelerred (quar.)
preferred (quar.)
$1
preferred (quar.)
$1.32 preferred (quar.)
$1.32 preferred (quar.)
$1.32 preferred
(quar.)

5-26

9-11

tl5c

common

$1.50

5%

6-10
6-10

—*—

90c

preferred
(quar.)
preferred (quar.)
Manulacturing Co., com.

4V2%

1

Boldern

Payable of Rec.

Co.—
$1.12 >/2

Rheem

62 Vie

$1

10c

—-

(initial)

—----

,

6-15

5-31

9

iOc

~

Tobacco

J.)

(R.

3.60%

5-31

common

$1

1

20c

Extra

rational Gas & Oil Corp., com.
Common...

6-

6-10

6-15

Stow

Common

10-20

1

11-

50c

(quar.)

5-31

J 35C

(quar.)

Coal Co.,

Common

5c

Product's

Peck,

7-22

1

8-

5c

;atiimftirFood~

:tl5c

5-

$20C

Ltd., common.—

preferred (quar.)
& Wilcox
Peninsular Telephone, common

5-12

6-

5-23

1

Ltd.—

...

preferred

7%

6-

Reynolds
4.50%

_

_

When

Per

6-16

50c

—

Dredging,

Manufacturing Co.,

Peabody

J121/2C

—_—

convertible

Gold

6-28

Share

Name of Company

Payable of Jtee.

20c

5%

Rational Drug & Chemical Co. of Canada—•
Common

Interim

Co. -(quar.)

Company

Consolidated

Paton

5-19

$1.25

—

Parmelee Transportalon

5-10*

1

6-10

60c

I ational

1

Share

Company

6-10

Holder»

When

Per

Holdere

When

Per
Share

Name of Company

49

(2141)

The Commercial and Financial Chronicle

...

(quar.)—

30Vic

5-31

5-

9

•

The Commercial and Financial Chronicle

Per

Name of Company

Hancock Oil Co.

of

California, cl. A (quar.)

50c

1

6-

1

5-15

6-30

6-10

B

50c

6-

1

5-15

6-

1

5-15

6-30

6-10

$1

(quar.)

-

Extra

Year-end
Stock dividend
shares

on

A.)

class A

Company,

preferred

and

class

Co.,

(quar.)

Harshaw

5%%

(quar.)

6-

1

5-15

6-

1

5-11

50c

7-20

7-

6-15

6-

1

6-

I

5-15

1

7-20

48%c
$1.37%

—

8-

11-

1

6-

1

Johnson
Kaiser

.

Haverty Furniture
Hawaiian

Pineapple Co.,

Hazel-Atlas
Heinz

(H.

Hercules

0%

Glass

J.)

Co.

4%%

(irreg.)

5-15

$1

5-25

5-15*

•

(quar.)————-

3.65%

pfd.

30C

7-

1

9iy4c

(quar.)

7-

1

preferred
Chocolate Corp.—

preferred

A

B

(quar.)

30c

Heywood-Wakefield

56 y4c

6-

1

5-18

50c

Co.,

6-10

5-17

30c

1

7-

6-16

1

25c
•

—

(quar.).

6-

25c

V1

5% preferred (quar.)
Houston Lighting & Power

5-22

1

6-20

6-15

5-15

$1

6-15

5-25

40C

5-26

5-

$i.06%
$1.12%

,6-28

—

•

—:

$1.25

Co.___——____
Corp., common (quar.).—_
4%% preferred
(quar.)

6- 2

37 %c

Motor

Special
Hudson

Car

Pulp

Paper,

6%

Co.,

pfd.

A

1

5-15

5-15

1

5-

6

6-

1

5-

6

5-11

6-30

6-19

$1.50

6-30
5-31

12 %C
$$1.25

5-31

50C

6-13

$1.25.

7-

$1.25
37 %c

$25c

3

6-30

$1.25

;

9-30

12-30
6-

1

8-

5-25

U2%c

6-30

6-

1

5-15

6-12

5-22

Lea

6-29

5-22

6-10

27 %C

6-

1

5-31
6-31

4-29

$1

6- 9

5-22

I37%0

7-15

6-14

20c

6-10

5-31

$1.75

6- 1

6- 5

Ltd.—

7- 3

6- 9

7- 3

6- 9

6-

5-26

Lindsay Light & Chemical

6-

Lionel

5-26

Link-Belt

6-26

5-20
6-

1

5-19

1

5-10

6- 1

1

5-10

7-14

6-22

for

6-

6-15

6-

5-22

4-20

5-22

4-29

1

8-

1

7-19

$4.30

25c

8-

1

7-19

$4.30

11- 1

10-19

$4.30

10-19

$4.30

37 %o

25c

Power—

11- 1

$59.50
$55.25
$51.00

7- 1

Loblaw
,

B

Co.

(quar.)

(increased quar.)




7- 1

5-25

B

9-20

12-28

12-20

6-

1
1

7-

1

6-15

1

6-15

30c

6-

1

5-15

6-

1

93 %C

5-15

6-

1

30c

6-

1

5-15
5-15

41 %c

6-

1

5-15

30c

6-

1

5-11

40C

6-10

\

V

5-25

(Walter

M.)

3

6-

"

1

>

6-

1
1

$2

v

-

1

4-19

1

5-18

-

8-15

8- 5

11-15

11- 4

1

5-15

:

25c

6-

60c

,

6-15

$1

..

7-

1

6-

2

5-31

5-

1

7-1

62%c
35c

1

-

'

;

6-

6-10

5-20

6-

50c

5-15

6-

\

30c

V

5-

6-

:

"

5-19

tl5c

5-31

5-10

:i5c

7-31

6-30

6-10

5-19

76-

5-

$1

6-

1

8-

1

11-

1

30c

6-

1

65C

5-22

6- 5

6-12

5-29 >

10c

6-12

5-29

5-31
8-31

8-21

11-30

11-20

20C

6-12

5-19

25C

6-10

5-20

75C

6-15

5-15

5C

6- 1

5-18

Co
—

(quar.)—«

(quar.)

5- 9

6-

75c

5- 4

7-

1

.6-

5-15

1

5-15

50c

'

7-

1

6-13

$2

7-

1

6-13

(s-a)——

50c

5

6-15

5-15

6-15

5-15

56 %c

7-1

6-12

:15c

■

Line

-

-

-

-

•.

.

0-30

5-31

•,:

40C

5-23
8-22

9

(quar.)

preferred

preferred
(J.

preferred

f-

Paper

Motor
Mount

-y-

11-21

15c

2-20

25c

6-

1

5-

•

6-

1

5-

3

6-

1

<

5-

$2

3

!25c

6-

1

5-3

U2%C

6-

1

5-

$1

7-

1

6-21

50c

6-15

5-31

37 %c

6-30

6-13

30c

~

3

6-12

:$1.25

6-

1

75c

6-

1

5-

$1.50

6-

1

88C

6-12

5-

7-

6-15

1

preferred
Acme

I25C

1

7%

7-15

6-15

$4

6-15
5-15

••ye- 2

5-20

6-

2

5-20

6-

9

5-25

A

6-

5-23

6-

5-10

6-

5-10

25c

6-

6-

15c

6-

5-15

6

5-15

$1.25
37 %c

'

:$1.18
$2.50

6-1

1

5-15

6-15

6- 1
5-26
6-15

40c

6-10
6-30

20c
■

i

5-31

5-17

25C

5-31

5-15

40c

—

6-10

5-17

lc

5-10
r"*:

5-22

6-12

35c

6-15

5-15

6-15

5 15

37 %c

6-

1

5-16

50C

6-

1

5-15

6-28

6-15
9-21
12-21

.

$1.50
$1.50

12-28

75c
-

6-

1

5- 8

50c

Louis Ry

(quar.)—

9-28

$1.50

(quar.)

5-23

5- 9

5-15

Dehydrating & Milling Co.
6-

1

40c

6-

1

50c

—

(quar.)„

(quar.)

7-14

6-

5-31

5- 9

3

6- 9

62 %C
.

$1.75

Ltd., com.
(quar.)—-

5-10

5-31!

5-31

30c

-—

(quar.)

(quar.)

:50c

7-

5-10
6

9*

$1.75

common

(quar.)-

5-31

5-

50C

Register Co

City Lines, Inc.,
preferred A (quar.)

1

6-15

6-

59%C

*

35c

St.

1

5-19

1

6-

1

6-

6-22

>50c

$1

-

&

6-

6-22

*

Co.—-—
(s-a)
—

Breweries,

preferred

National

3

11-15

IOC

Company

preferred

National Cash
$1.06

7-

50c

—

Fibres, inc.

National

5-13

38%C

.■

National Biscuit
Co., common
.

1

:20c

(quar.)—

5%
preferred
(quar.)—
National Automotive

5-17

6-

12-15

50c

—

Supply

class

Alfalfa

7%

5-13

6-15

J50C

-—

^

Nashville, Chattanooga

3

5-26

1

'

National

5-12

"

6-16
6-

•v

:50c

;

conv.

5-26

6-16

:50c

;

;

National

5-26

$1

6-15

7-

25c

-

Mutual Chemical Co. of
America—
6% preferred (quar.)
6% preferred (quar.)
6%

6-20

1

$1 25

Murphy (G. C.) Company (quar.)
Muskegon Motor Specialties—

5

t25c

7- 1

20C

.

Corp. (quar.)
Corp. (quar.)
Diablo Co
(quar.)

Extra

5-19

6- 1

40C

Wheel

Producers

:

6-16
6-10

$1.15

—

Mills

5-26

6-26

—

Finance

Motor

Mountain

$1.00 3-10-51

5-11

25C

(quar.)——

Co. ~<quar.):.

(quar.)

Fuel'

8-22

6-1

y

:20c

class A

Company
Mills, common

Extra

9

5-22

:25c

P.)

Paper

Mountain

9

6-12

~35c

—.

(quar.)

5-23

9-

5-22

55c

——

(quar.)

2-20

12-

5-20

6-12

,

j—

11-21

$1.10

6-1

$1

Mills; Inc—i——

9

6-10

5-25

6-10

,

80C

70c

-

Co., common—
——

Machine Tool
Loan
Society,

Mosinee

6-10
9-

5-15

6-15

4C

————

B

4% %

12-

>■

6-13

7-1

50C

(quar.)^—
Canada, Ltd.--,-

of

Brewery/Ltd!,

Morris

50c

7-15

1

Reclaiming—:

Carpet

Morgan

■

6-

'

6-1

8-

50C

—-

Glass B
—
Missouri Utilities

4% %

per

$1.08%

1

5-31

6-15

—

—-

Moore-McCormack Lines (quar.)—
Morgan (Henry) &
Company, Ltd.—

1

6-

.

25C

87 %C

6-15

25c
:50c

5%%
pfd, (quar.)
Monsanto Chemical
Co., com. (quar,)__
L*.
$4 preferred B
(quar.) —
Montgomery (H. A.) Company—'—
Moore-Handley Hardware Co., common

5*

5-31

1

37 %c
r,

;> 4% preferred (quar.)—
u——
Mississippi Power, 4.60% preferred
(quar.)-

5%

1

5-18 1

$1.12%

$1.12%

i each two shares
held.)
—.———
Mission Development
Crmpany-^-^.^-—
Mississippi Glass Co., common
I

Monroe

5-22
5-

1

6- 5

5-31

$1.12%

(s-a)__

preferred

Monarch

'

$1

6-5

50c

preferred

Mohawk

10-24

$1.10

Ltd

Co.

Molson's

7-24

30c

25c

1

7- 1
7-

6-15

——

preferred (quar.)
preferred, (quar.)___——
Midwest Oil Company, common

Class

30c

»

7-

30c

non-cumf

Extra

5-10

(Fort

(quar.)

5-22
5-22

10c

Inc
Petroleum Corp.

Ltd.

6-22

40c

"! "•

*

1

-

30c

5-15

$1.08%

Co., common (quar.)5% preferred (quar)
————
Mitchell (J, S.)
Company, Ltd. (increased)
Mitchell (Robert)
Company,-Ltd.—
\
v
:
Semi-annual
—
Semi-annual
i
Modern Containers,

5-10

6-15

si

5-25

i-22

97 %C

Airlines,

Missouri-Kansas Pipe

8

40c

•

5- 5

(One share of Mission
Development Co. for

5-10 :-T!
"
6-10

7-

50c

6-151

96 %c

;

——

-

5-19

6-

25c

5-5
5- 5

i'-

loc

-

New common (initial
quar.)
"*.20% conv.-pfd. A
(quar.)—«_——
Minnesota Mining & Mfg.
Co., common--$4 preferred (quar.)—
Minnesota Power & Light Ca.
(quar.)..
Mission Corporation (stock
dividend)— v

'

,5-15

5-25

,

1

5- 1

81 %c

r

Minneapolis-Honeywell Regulator—

6-10

5c

50c

6-

•

10c

8%

4V4%

5-24

: 25c

120c

:

37 %c
'

———.——

*

50c 3-10-51

(quar.)

quar.)

(quar.)_—

Abrasive

Mining Corp.

5-24

6-15

37 %c

1

&

Midwest Rubber

5- 3

66-

V 25c

1

6-

6-1

25c

-———

r_

Continent

8%

112 %c

Co.,

r

5- 3

•

u—
—>

6-

I::

$1.62%

(quar.)—
(quar.)——

5-15

-

25c

V

9-18 1

12-19

50c

,

———

'

* 3-19

;'40c

& Pacific Grain
Corp., Ltd, (s-a) —;r
Midland Steel Products, common
(quar.)—.

5-15

1

6-

10- 2

1-2-51
4-2-51

$1.06%

Midland

6-15

6-

;; 7%c

—

50c

:50%c

—

Refineries, Inc.—
$1.50 convertible .preferred
Midland Oil $1 conv. pfd.

12-27

7-

,

(quar.)—.
Long-Bell Lumber (Maryland) —
$4 class A (accum.)
Long-Bell Lumber (Missouri) *
(irreg.)
Lord & Taylor, 6% 1st
preferred (quar.)—
Louisville & Nashville RR.
(quar.)
Lowenstein (M.) & Sons, Inc.—

Lowney

1-10-51

112c

—

V

—

6-19

-50c

'

'

7- 3

Mid-West
9-30

$1.10

Lockheed Aircraft
Corp
Loew's, Inc.
(quar.)—
Lone Star Gas Company

A

—

Mid-West

6-30

50c

(quar.)

preferred

Mid

7-14

7-10

.

preferred

Mid-Continent
H

1

(quar.)

—

Mickelberry's Food Products

1

10-10

t40c :y

;

414%

00

6-

$1.25
25c

(quar.)

Joint

5-24

50c

Co.,
preferred (quar.)
preferred (quar.)
4%% preferred (quar.)—i

5-15

—

6-15*

5-31

50c

4% %
4% %

6-15

6-14

5-17*
5-20

.

preferred

Michaels Stern

5-10

7-

5-15

$1

preferred (quar.)
Messenger "Corp., G% preferred (quar.)——
Metal Textile Corp.,
common——;—L—
•
$3.25 partic. preferred (quar.).

Extra
6-21

9-26

6-14

6-15
5-31
6-30

—

preferred
(quar.)
Metz Brewing Co._i——
Meyer-Blanke Company (quar.)

5-10

1

6- 1

6-10

..

(quar.)

1

6-15

50c

—u.

4.35 %

5-23

6-

2nd

7-

1

u

(quar.) —1_.
(quar.)

preferred

3.90%

5-15

Pipe Company,
8% preferred (quar.)—

7-

6-12

1

$105

6-15
7- 3

150c

25c

(initial)—;

com.

1

12 %c

*—

5-15

6-15

at

5-15

Company '—'——

Aircraft,

Participating
Metropolitan Edison—
3.85%
preferred
(initial

5-15

5-31

6-

(increased)—
Ltd., class A (quar.)

Extra

Lock

;

3

40c

original stock
original stock
original stock
original stockGroceterias Inc.
Groceterias Co.,

Class

-

97 %c

_

.

5

5-15

1

'

.

5-16
6-

6-27

(quar.)——

June

1

6-

..:35c

6%%

5-10

5-26

6-14

I20c

(quar.)—
(quar.)

Extra

1

60c

(Del.)—

(quar.)

Loblaw

22 %c

(quar.")—

(quar.)

7-

5-25

:

(quar.)———.—_—

on

6-

85c

(quar.)——
Merritt-Chapman & Scott Corp.—■
(i'

9

common

—

37 %c

6-

$$1.75

Co.

6-

93 %C

(quar.)
Mercantile Stores Co., common

5-17

6-26

IOC

plus this dividend—
Little Miami Railroad
special stock (quar.).
Special stock (quar.)

Special stock
Special stock

6-15

4%

6- 2

125c

(quar.)

redemption

6-30

10c

share

1

6-15

10c

(Thomas J.) Inc., 6% preferred—
Entire issue called for
redemption on July 1
at $30 per share
plus this dividend
Liquid Carbonic Corp., common
(quar.)_.
3V2 %
preferred (quar.)
Lit Brothers, 6%
pfd. Entire issue called

6-15

16o

,

Co.

6-20
6-

6-

Co.

1

$1.50

Lipton

5-16

1

6-10

7-

15c

—

5-23

6-26

6-20

10c

——:

2

6-

5-16

75c

Co.

1

93 %c

_—

4V4%

7-14

1

50C

.

Insurance

6-15

Corporation

1

6-

$1.25

—>——

6-20

1

8-

10c

Libby-Owens-Ford Glass Co._—
Liberty Life Insurance Co. (So.
Carolina)—
Quarterly
Life Savers Corp.
—;
Liggett & Myers Tobacco Co.
(quar.)
Life

9
1

6-

$25C

Porcupine Mines, Ltd.
Corporation, ? common.

Mead

5-31

30c

—

Quarterly
Quarterly
Lincoln Stores, Inc.

5-31
7

6-15

IOC

—

6-

6-

75c

62 %C

Mclntyre

6-15
;••

$1

—

.

—:

37 %c
'

;

Common' (quar.)—
Common
(quar.)

25c

:

National

6-20

$1.12%
$1.12%

(interim)
(quar.)__
(quar.)_

Co.

&

McDonnell

$1.12%

Company,* common (quar.)_
$2.50 preferred (quar.)
Lee (H. D.)
Company (quar.)——
Lees (James) & Sons (quar.)
.—
Lehigh Coal & Navigation Co..—
Lehigh Portland Cement Co.
(quar.)—.
Leslie Salt Company
(quar.)
Lewis
Brothers, Ltd., common (reduced)—

Lincoln

16c

(initial)

Mfg.

%

McCormick

,

6-15

6-10

:i2%c

Ltd.—
Corp.;* common- (quar.)
preferred ,i.quar.)___

$2.50

6-15

25c

Co..

Mc-Coll Frontenac Oil Co.,

McCord

6-15

20c

&

Common

preferred (initial
quar.)
Iowa Public
Service Co., com.
(quar.)
3.90%
preferred
(quar.)

Jaeger Machine

4-29

1

10c

—

5-17

;7-

5-15

6-26

50c

■

.—.———

8

25c

Holders of the
issues shown
above are being offered new
common
($5 par), and
new
4.80%
preferred
($50 par)
in
ex¬
change for
outstanding securities.
New

Iron Fireman

1

8-30
5-

500

!___

preferred

6-

9-9
6-1

v

40c
;•

aw'

Inc.

Fabrics,-:; inc.

5-15
5-25

Common!

'

$1

!

6%

5%%

Laura

1

6-15

5-15
5-15
7-1
5-20
5-20
5-25
5-26
5-19
5-15
5-15

5-31
8-1

:62%c

—

5-15
11-15

5-26

13 7 %c ''

<quar.)——.—-Conveyer-Co. (quar.)___^_:
i.—
Ltd;
(quar.)

Common:

Monotype Machine Co. (quar.)—
Secord Candy
Shops, Ltd

Leath

17c

.i___

(quar.)

Co.

H.),

1

6-

500

—

(s-a)

6-10

1

$3

'

Lang (John A.) & Sons, Ltd
Lansing Stamping Co. (quar.)

30c

Participating

Common

■■intin —tr

6-

6-

12- 1

50c

—

$1.93%

Lanston

160

5-31

50c

Bryant, Inc. (quar.)——
Lane-Wells Company (increased)—.
Lanett Bleachery & Dye Works

5%

Investors Stock
Fund, Inc..
Investors Trust Co. of
Rhode Island—
$2.50 preferred
(quar.)

Utilities

(M.

Machine

5-19

■>

5-15

6-28

37 %c

Lane

75C

(accum.)

6- 5

23 %c
$1.43'/a

——

5-19

...

5-15

Ltd.—

1

—

(quar.)

preferred

<

5-16

5-15

31 %c

preferred

Milling,

1

„

3.75%

2nd

Woods

6-

...

Iowa Southern

Landis

—_

5-15*

...

^

the

6-

(quar.)..
*500
4%% preferred
(quar.).
:$i.i2%
International Mining
Corp. (special)
$3
International Nickel Co. of
Canada, Ltd
t40c
International Paints,
Ltd., 6% pfd. (s-a).._
$60c
International Paper
Co., common (quar.)
?
:
62 %c
$4 preferred
(quar.)
$1
International Petroleum,
Ltd. (s-a)
$25c
International Products
Corp. (quar.)
25c
International Resistance
Co., common
10c
International Silver Co.
$1.50
International Utilities
Corp. (quar.)
25c
Interstate Department
Stores
(quar.).......
50o
Interstate Natural Gas
(increased)
$1.25
Intertype Corporation
Investors Selective
50o
Fund, Inc

common

convertible
of

(quar.)
7% preferred (quar.)—
Lamaque
Gold Mines, Ltd.

5-'8

1

1

5

30c

(quar.)

Common

8- 7

6-23

5-25

6-

University—

t25c

(quar.)

International Cigar
Machinery Co
International Harvester
Co., 7% pfd. (quar.)
International Metal

4.80%

preferred

:37%c

common

!

7%
preferred A
6%% preferred
preferred C

5%
Lake

7

6-

Corp.—

&

5-19

6-

6-15
6-

,

25c

Quarterly

—

—.U

Electric, Light

9 20

12-20
6-30

International Bronze
Powders, Ltd.—

Iowa

6-20

5-22

1

15c

.—

Lamston

Company...
Institutional Shares, Ltd.—
Aviation Group shares
(increased)
Stock & Bond
Group shares
International Business Machines

preferred

tin

preferred
Electric

5-12
5-10
6-20

6-20

5c

13%C

Maxwell,
May Department Stores:Co.,.com. (quar.)___
$3.75 preferred iquar.)
$3.75 preferred (1947 series) (quar.)„:
$3.40 preferred (quar.)L.
Maytag Company ..(increased quar.)
McAleer Mfg. Co., 5% preferred
(quar.)_„.
McBrine (L.).
Ltd., preferred (s-a)

6-16
5-22

6%c

——

Quarterly
Quarterly
Quarterly
Labatt
(John), Ltd.——.
Lake Shore Mines, Ltd—iJ.
Lake Superior District
Power,
5%
preferred (quar.)__

1

5-29

7%
125c

Steel

Participating

6-

1

17o

1

Special stock dividend..!
Industrial Silica, 6ya%
preferred
fl% %
preferred
(accum.)

$2.50

5-15

6-15

7-1
9- 1

conv.

"La Salle Extension

5-15

6-15

$3

—_—

Industries,

5%

6-19

10c

Ordinary registered (final)
Imperial Oil, Ltd. (s-a)
Imperial Tobacco Co. of
Canada, Ltd.—

Quarterly

France
Industries-.
La Plant-Choate Mfg. Co.—

1

$1.50

—_

Ltd.,

6-10

12%c

Hydraulic Press Mfg., 6%
preferred (quar.)
Hydro-Electric Securities
Corp., pfd. B (s-a)
Hytron Radio & Electronics
Corp
Illinois Central
RR., common (resumed)—_
6% ncn-cum.
preferred—
Illinois Power
Co., 4.70% pfd. (This entire
issue called for
redemption on May 25 at
$53.15 per share
plus this dividend)
Imperial Chemical Industries, Ltd.—

Class A common

5-12

30c

.

preferred

(quar.)

La

6-12
6-

$1

Indiana Gas & Water Co.
(quar.)
Industrial Rayon
Corp. (quar.).

i'liiiu

n

1

—

preferred

i

6-

5-31

t$l

_—

6%

I

6-

6-10

Mathews

; t20c

—

5-31

42c

—

Ingersoll-Rand Co.

Liui.-—'

32c

6-10

common

—

•

3iy,c

(quar.)_.
Hunt Foods,
Inc., 5% pref. (guar.)
5% pref. series A
(quar.)—
1
Huron & Erie
Mortgage Corp——
Huttig Sash & Door Co., new com.
(initial).
5% preferred (quar.)
5% preferred (quar.)
5% preferred (quar.)

Inland

5-13

50C

—

preferred

Interim
Imperial Varnish & Color,
$1.50 convertible partic.

5-11

25C

5%

common

—

.5-11

25c

5.12% preferred B
(quar.)
Humble Oil & Refining Co

Humphreys Mfg.

1
1

1

6-

20c

(interim)—

Ltd.

Industries,

7c

5

1

7- 1

1

5c

6-

1

5-31

■

—

75c

(quar.)_

(quar.)

—

&

6-

6-

4%c

(quar.)

—*

5-12
5-20

5-29

$1.06 %

—

4%%
preferred
(initial)._„————
Hudson Bay
Mining & Smelting Co., Ltd—

Hudson

1

6-10

55c

35c

$1.25

5-18

7-

6-

v

6-

6-

$1.18%

60c preferred (quar.)_
:
Koehring Company
Kresge (S. S.) Company (quar.)
Kress (S. H.) &
Company (quar.)
Kroehler Mfg.,
4% % preferred A (quar.)
4%% preferred A (quar.)
4%% preferred A (quar.)
Kroger Company, common (quar.)
6% 1st preferred (quar.)__.

——

common

"j
is*
15c

1

25c

6-15

6y4%

6-

6-10

Masonite

Master

6rl0

$5

»

5-15
5-25
5-15
5-31
5-15
5-19

1

25c

6-20
1

6-

30c

6-

40c

—

——

(irreg.)

Company,

6-

2

6- 2

,

6-28

-

6-16

25c

:75c

—

Kingan &Tco., 4% preferred- (quar.)
Kings County Lighting Co. (quar.)—..
Kingsburg Cotton Oil Co
Klng-Seeley Corp., 5% conv. pfd. (quar.)_
Kingsport Press, Inc. (quar.)—
Kingston Products Corp. (s-a)
Kinney (G. R.) Company, common (quar.)_
$5 prior preferred (quar.)
Klrsch
Company
(extra)
Knudsen Creamery
(Calif.), com. (quar.)—

11-20

7-

6-30

6-15

'

T—.-f '
(quar.)
Corp.
(quar.)___
Massawlppi Valley RR. (s-a)__——■.—
Massey Harris Co./, Ltd., common (quar.)._

5-15
5-15

40c

(Julius)

JJXfcj*a

8-21

1

125c
—

Stores

Fund

2

12-

25C

—

1

9- 1

25c

1
1

?'6
5-15

6- 5

6-15

25c

Mary Lee Candies, Inc.—
5%%
convertiblevpreferred

1

6-

5-31

25c

(P.

3-31
5*15
5-15

5-25

:5c

Common;

5-31

6-

•

$1

—

"

-

-

95c

(quar.)

,

5-15
6-

•

25c

5-15

6-12

•6-10
'

-

6-30

1

6-

-

$1

—

Plan

(quar.)—;

$1.20 convertible preferred (quar.)_
Key Company
Keyes Fibre Co., 5.60% preferred (initial)—
Keyes Fibre, 6% prior preferred
$6 preferred
All
unexchanged
shares
called
for
re¬
demption on June 26.
The 6%
prior
pfd. at $115 and the $6 pfd. at $100
per share plus the dividends shown.
Keystone Steel & Wire (increased quar.)—

York)—

Sound

5-17

4%% preferred (quar.)_,
County Land Co. (quar.)

5-19

62 %C

Hooker Electrochemical
Co., com. (increased)
$4.25 preferred
(quar.)———
$4.50 preferred (quar.)—
Horn & Hardart Co. (New

Howe

5-17

5-31

15c

Kentucky~mTntres~C~o~~common (quar.j

(

Home Oil Co., Ltd.—
—
Honolulu Oil Corp.
(quar.)

Howe

5-31

30C

(quar.)—

Howard

30c

Kerr-AddFson "Gold"Mines,

6-

6- 2

(quar.)

Kerr-McGee

25c

7-

6-15

25c

RR.; 5% pfd. (accum.)
R.) Company (quar.)
Manhattan. Shirt Co.
(quar.)
Marathon Corp., common (quar.)_<
5%
preferred
(quar.)
Marine Magnesium Products Corp
Mar-Tex Realization,
common

-

5-29

Kern

5-19

*

6-1

6-15

:50c

Maine Central

Mallory

9-30

6- 2

5-16

1

6-30

6-12

7-18

1

%c

.

7-11

7-

7-

6-20

6-

8-

50C

5-26

7-15

Company

6-1

6-15

:3c
:

^

r

efltec.

6-10

20c

Lake Gold Mines, Ltd
Company,
common...
$1 class. A preference—
Mahon (R. C.) Company

6-21

10-

$1.25

7-28

6-

6-30

—

(quar.)__

6-30

50c

(s-a)

Red

Madsen

30c

Oil

Co.

Ltd.—

Mines,

Macwhyte

25c
'

Oil

(quar.)
Maclaren Power & Paper Co., Ltd

7-18

65c

20c

50c

6

M. Consolidated

&

Magnavox

$1

20c

—

Company,

1

1

8-

20C

& Company (quar.)__
of Canada,
Ltd
:—
company,
commuu
Company, common
(quar.)
$4.50 preferred (quar.)
Kent-Moore Organization, Inc. (quar.)

5-31

6-

6-20

20c

20c

common

(quar.)—

preferred

Mackintosh-Hemphill Co.

5-18

87 %c

$1 non-cumulative
class A (quar.)
$1 non-cumulative class A
(quar.)
$1 non-cumulative class A

5%

Macassa

1

6-

60C

—

preferred

Kayser

6-25

1

common

Whitney

&

5-25
6-

$1.25
93 %C

Kendall

•

7-25

6-15

(Edward)

preferred

8-15

6-

convertible

(Henry)

M. J. &

—

Johnson

Vegetable Parchment
Kansas City Power & Light—
3.8% preferred (quar.)

5-15

10c

preference
(quar.)——
Lumber (quar.)
Hiram Walker (see Walker
(Hiram) G. & W'.)
Hires (Charles E.)
Company (quar.)
Hobart
Manufacturing Co. (quar.)

$4

6-15

Rolie,.

Payable

17 %c
■!i 15c

——

Aluminum & Chemical Corp.

4%

7-25

•

25C

—

Holt

6-30

5%

Kelvinator

preferred B (quar.)

&

&

Year-end

9*

31c

Co.,

$1.25

share held.

Kalamazoo

6-19

1

8-15

Hlbbard, Spencer Bartlett & Co. (monthly)
Monthly .;
Monthly
Hilton Hotels
Corp., com. (increased quar.)

Hollingsworth

6-

(quar.)

preferred B (quar.)—
Hewitt-Robins, Inc. (quar.) —
Heyden Chemical, common (resumed)
3%% preferred A (quar.)—

4%
Bines

6:

6-15

Kawneer Co.

4%%

5%

6-30

5-25

Products—

convertible

Hershey

7-15

25c

—

Ltd.

Company,

Steel

37%c

(quar.)

6-30

Lumlnator-Harrlson, Inc. (quar.)
Lyon Metal Products, common
(quar.)
M.

When

Share

$1.25

4% 2nd preferred, series A (quar.)
Oil Refining (quar.)_
Quarterly
Jones & Laughlin Steel Corp., common
5%
preferred A (quar.)

5-19

Hathaway Bakeries, Inc. (quar.)
Havana Lithographing Cc.—
6% conv. preferred (quar.)

.;

5-19

Johnson

10-20

25c

—

$1.37%

Per

Name of Company

9

6-

Johnson & Johnson—

6

due

for each

Holders

Payable of Rec.

37 %C

—

2

*1.50

—

Company (quar.)——Light, 3.90% pfd. (quaiv)
Company 5%% pfd. (quar.)

preferred

6-

.

Electric

Harris (A.)

Supply Co., common
$5 preferred A (quar.)
$5 preferred B' (quar.)—
Jantzen Knitting Mills, 5% pfd. A (quar.)__
Jewel Tea Company, common (quar.)
3%% preferred (quar.)
Jim Brown Stores, Inc.—
Preference (stock dividend)
One-twentieth share of preference stock

6-10

6-12

=A4

common

Chemical

Hartford

6-30

40c
5

Refractories

preferred

5%

common

Share

-

Water

Jamaica

B

(quar.)-.

Harbison-Walker

6%

the

(payable in class A)

(M.

$4.25

$1

When

Per

Name of Company

5-15

25c

-**•—

6-

Year-end

Hanna

Holders

Payable o/ Rec.

25c

Extra

Class

When

Share

Monday, May 22,

...

7-15

6-30

6-15

6- 2

1

6-16

25C

$1

7-

'

Number 4909

171.

Volume

.

.

The Commercial and Financial Chronicle

.

(2141)
Per

(Del.) —
com< (quar.)

Corp.

Container

[Rational

Share

of Company >,

Uamc

Cy]jnder Gas CO

preferred
preferred

f

Payable ofRec.

15c

2.

___

6-10

20c

6-10
6-

1

5-10*

——

40c

(quar.)

—-—

IflaUonal Drug & Chemical Co. of Canada—

6-10

5-31

1

6-

1

Peninsular

Corp.

5c

7-22

11-

1

10-29

50C

(quar.)

6-10

Common
$1

& Oil Corp., com.

(initial)

IflatlonCl
I

Grocers Co., Ltd., common

I

preference

Extra

<150

(quar.)
(quar.)_

class A

Class A

1-2-51

4.40 ft

$7

12- 1

t

Pennsylvania

6-15

5-26

$2.25

i2yac

6-

5-19

Peoples
Peoples

15C

1

7-

3

6-15

2nd

prelerred

(quar.)

$1.75

10-

1

9-15

6-15

5-22

1

1-2-51

7-

3

6-15

7-

3

6-15

15c

6-30

6-15

Perkins

60c

6-13

5-31

8-15

8-

5

Riegel

11-

4

2-

5

Robbins & Myers $1.50 partic.
pfd. (quar.)..
Kooertshaw-Puiton Controls Co., com. iquar.)

8-

5-16

6-

1

6-

1

5-

10c
50c

5-19

6-

5-15

50c

1

$1.50

.

'•'•• 7- 1

6-

75o

(quar.J
'

5-11

6-

1

I Noranda Mines,

Ltd.

6^30

90c

.6-30

; 97VaC

6-30

i1

12l/»c
•

t$i

'

preferred
preferred

preferred

Corp., common
(quar.)

6% preferred
(accum.)
5'Aft preferred (accum.)
North American

River

Northern

Insurance

States

Y.)
(quar.)
(Wis.)—
i'* "

\

National

6-22

5-31

6-20

6-26

5-19

6-10

30c

V

5-31

7-15

Public

preferred

6-

Life

93 %c
-

Iusurance

7-

com.

(quar.)
__

1

,

Nunn-Bush

5-10

11-10

share

per

plus this dividend.

6-

1
1

20c

33 %C

>

6-

1

6-10
8-

Powell

$$1

6-

1

1

66c

6-

1

75c

6-

1

$10c

6-

1

5- 6

Stock

4ft

•

ri

„

5-

$1

7-15
6-12

V'-

6-

1

6-

1

3

5-23

$$1.75

6-

1

4-28

Provincial

4J/«ft

preferred

]

(quar.)

preferred

(quar.)

1

6-

1

5-19*

6-16

6-

9-30

9-

1

4.64

97'Ac

(quar.)
_

9-15

1

6-15

2

1

a

_

(quar.)_^IH~~
class B..I

A

"""

,6% Preferred

Onh?r£ pre*erred
OV.S % Quebec
okiep

6-10

5-

6

5-

5

31

6- 5

1

5-15

Pullman,

5-20

5-10

Pure

6-

preferred

^2%

Purity

Quaker Oats Company,

pfd.

Quaker

State

Oil

Quebec

Power

Co.

6-

5-11

6-

1

5-11

Radio

$3

6-

1

5-

1

6

6-

6

6-15
6-30

5-19

1

5-23

6-

1
1

1

6-20

5-10

7-

1

6-

6-

2

8-

1

6-

1

1

1

1

5-10

450

6-15

5-31

6-30

6-

1

6-30

6-

1

(quar.)....

6-10

50c

6-

1

5-

3

7-

1

6-

60c
$1.50

6-

1

5-31

5-19
5-

I

6-15

5-31

5-25

4-15

25C

6-15

6-

1

(extra)

1

9-

5-29

4-21

7-

6-12

35c
50c

(quar.)....

1

6-10
7-

1

5-19

6-16

quar.)...—

50c

6-

1

5-15

(quar.).....

(increased

Ray-O-Vac Company

9-15

25c

87'Ac

4ft

50c

6-

8

5-18

Real

$1.12'A
90c

7-

1

5-15

Common

6-15

6-10
6-1

Estate

Red

5-15

Owl

Regent

Equities,

class

(extra)

Stores,

Knitting

(extra)._____

A

:

4% ft

(quar.)

Ltd.,
preferred
preferred
non-cumulative preferred

62'AC

6-

1

5-15

4 2/s C

—

pfd. A

______

6-

1

5-15

$1.18%

7-

1

5-29

Co.

....

...

Mills,

pfd- (Quar.)
Investors, Inc.—

Express

(quar-)

$1.60

non-cumulative

(quar.)

—

$40c

6-

1

5-15

$1.60

non-cumulative

(quar.)__

$40c

9-

1

8-15

6-10

6-

(quar.)__

$40c

12-

1

11-15

common

15C

6-

1

5-22

(quar.)—______________

87'AC

7-

1

6-

1

5-15

37'AC

7-

1

6-15

40c

6-

1

5-15

25c

6-

5

5-25

1

6-18

10-

2

9-19-

$1.50
—-

....

p" ,c2,mPany (quar.)...
Co.

—...

—

common




Reliance

Manufacturing

3 '/a %

preferred

Co.

6-

40c

6-

$2.50
25c
50c
$1

10c
50c

62'Ac

1

5-15

1

(111.),

Remington-Rand, Inc., com.

Loan "Assn.,

(quar.)

preferred

Class

A

6-15
5-25

6-

7

5-10

Republic

6-15

5-26

1

6-15

6%

5-21

6%

5-15
5-22

1

12y2C

6-

1

5-19

$i.06y4

6-

1

5-19

Republic
6ft

Investors

Fund,

Inc.,

Steel

Co.,

com.

(increased

convertible preferred

27y2c

Revere

5'Aft

A

(quar.)

Copper & Brass, common.
preferred (quar.)

—

4%

Co.

&

Ltd.,

7-17*

9iy4c

1

5-12

6-

1

$-12

6-

1

5-15

$31 y4c

6-

1

5-15

^

6-

(quar.)

(quar.)

6-30

$1.25

—

50c

;

;•

0

Investment

$10c

6-

1

5-15

$10c

6-

1

5-15

15c

7-

31V4C

—

Ltd.

(quar.)_____

—

7-

(See

25c

—

50c

—

1

6-10

1

6-10

6-15

5-31

;

Class

A

Shaeffer

class B

6-15

5-31

Pen

A.)

(quar.)

(The)

series

Power,

com.

43Aft

5-25

5-25

5-15

1

5-19

5-25

4-15

6-

t50c

7-

2

6-

2

$56'Ac

—

7-

2

6-

2

40c

6-14

5-24

vquar.j-.

4UC

7-

1

6-15

59%c

6-30

6-15

(quar.)..—

31 '4c

7-

1

0-19

(quar.)______

$1

6-

1

5-15

7-

3

Manufacturing Corp.
Products

5-15

$30c

(quar.)..

preferred (quar.)
B preferred (quar.)

A

series

5-25

$1

...—__——

Water &

Shawinigan

5-25

20c

1-

———

,

Sharon Railway

5-25

6-15

luc

_____—...—

6-15
6-15

22c

tquar.)—___—

(quar.)__._

(W.

25c
15c

Corp., common
(quar.)

preferred
Corp. of America—

Sheraton

preferred

convertible

$1.25

Sherwin-Williams Co.
Sherwin-Williams

7ft

preferred

Shoe Corp. of
Sicks

Sigma

Oil

Class

(quar.)

5%

Ltd.

—

(quar.)

6-28

6-10

6-

1

6-10

6-

1

25C

6-

1

5-15

62'Ac

——.

7-29

25c

(quar.)__—

com.

6-

1

5-J.5

50c

Franklin

-——

——

9

6-

1

5-

9

70c

6-15

5-19

6-15

5-15

1.50

6-14

5-25

$
—

(initial)—

(quar.)

common

Steel

1

5-

&

$1.50

6-14

$1.25

6-19

5-15

30c

Extra

Skilsaw,

6-

1

$$1.12'/2

Ltd., 4V2ft preferred (quar.)
Singer Manufacturing Co. (quar.)—....
new

9

6-

$$1.25

(quar.) —
(increased)—..—.

Saw & Steel Co.

Skelly Oil Co.,

6-

$30c

Simon

Simpson's,

Sioss-Sheffield

5-31

5-23

125c

& Sons, Ltd., com. (quar.)

Inc.

6-14

5-26

Socony-Vacuum

10-

2

9-15

Sonotone

10-

2

9-15

$1.25

5-25

5-10

&

Sons

preferred
preferred

Carpet

Co., com.

(quar.)
Co.,

Oil

Corporation,

conv

Pulp

South

Bend

5-29
1

7-15

8-

1

7-15

Southeastern

75c

7-

3

6-

9

Southern

7-

6-

9

A

As

4V2ft

Lathe

Advance

Works

Bag

preferred
California

preferred

5-19

C

6-

1

5-1.1

As

——

Paper

(quar.)

l

5-11
5-

5

6-30

6-

1

6-30

6-

1

5-31

5-15

12VaC

5-29

5-15

40c

(quar.)—
Lines

1
9

75c
Co.—.

6-

6-

31V4C

(quar.)

Platinum

Greyhound

6-10

8c

5-15

8-

15c

Gold

30c

25c

(quar.)

(quar,)

Co.

9-1J.

12-11

$1.05

Inc.

common

preferred

American

4.88%

6-131

9-20
12-20

87'/a

(quar.)

4.20ft

Southern

6-20

50c
50c

2-

_—

(Alexander)

Soundview

5-25

Iron

50c

Quarterly
Quarterly
Smith

9

6-15
6-30

25c

Strapping,

preferred

6-

25c

130C

(quar.)—

Company

<H.)

5ft

$$1.75

______

...

(quar.)—

(Franklin)—see

Simonds

—

Ltd.—..—......——_——
class A (quar.)—....—

preferred,

Simon

Ltd.

(quar.).

Steel

Simmons

Canada

& Gas,

B

Signode

pfd.

of

America, class A

Mines,

Signal

4%

Co.

Breweries,

6-15

5-10

7-17*

1

25c

Candy 1 Snops,

Serrick Corporation,

6-15

7-10

1

8-

$1.07'A

...

International

Brothers, Inc.

3

1

8-

Secord).

3

1

5-29*

$1

Acceptance, common
preferred (quar.)

7-

1

7-18
•

85c

common

7-

6-

6-12

100%

17)

______

Delaware

of

(Laura)

6- 9

8-

-*

ol

partic. preferred

1

25c

1

1

7-

$1.31 V*

8-

90C

quar.).

approval

1

5-10

$1.50

(quar.)

5-15

6-

*

6-10

6-

4c

—

5-10

I

RR.

Canadian

15c

common

preferred A (quar.)
preferred B (quar.)

5*24

35c

7c

(quar.)

Roeouck

1

30c

6-15

8

buuin

7-

5-29

(quar.)..—

6-30

12-

6-

$27c

(quar.)

Republic Insurance Co. (Texas)

5-31

6-

A

1

8- 1

12-15

'■•1

—

Ltd

3.50ft

5-20

Class

$-

9-1$

•

b-15

J5C

:
—

6-15

-

$1.25

(quar.)

Co.

7-

Ltd.,

(quar.)

Extra

61.25

40c

Oil

$28c

2

(quar.)

•€-"2

8

25c

9

"'7-4
5- B

1

9-

$1.12'A

—

7-

Ltd.—

•

(quar.)
(quar.)

Line

$5c

$4.50

,

—

(quar.)

$1.60

Renold-Coventry,
7-

32»Ac

(s-a)_„—_
?anhanrii E£onomic Corp. (quar.)
4ft
Eastern Pipe Line, com. (quar.)
ParLP elerred (quar.)
I
Park!
ectric Co
-

.

■5

C 6-1 >

$1.25

6-14

1

32%C

Papi/i Lumber Co.
p£colegtei^achinery Co- 'quar.-ir
falestinJ v'
'
5% Prefcrred-

Reel Co.,

5-15
5- 5

Co.—

Quarterly)
-

«

1

$1.25

facfl preference (quar.)
?acifin rina?,ce Corp- of California (quar.).
?
fumble Robinson Co. (quar.)..

CoSmn? ,(iRcreased

6-

5-25

$1

Mfg

94c
35c

7-25

.

15c

12-

Simon

preferred

1st

non-cum.

$60c

/9-29

9

5-17

40c

com.

>

"61.10

12-27

Shellmar

$25c

(quar.)—

^

:

$1.25

4V2ft
5-31

5-26

•7--4

$1.25

Sheller
64c

y

(quar.)

Seeman

5-10

6-

^ 7

:

(quar.)—

Laura

5-15

1

1

7-25

Securities

5-15

6-

7-

preferred

Secord

5-15

6-

"5-22

.'5-30

:

preferred

Second

5

8-15

•■v.6-

6-»
■■•4-20

preferred

Seaboard

5-31

25C

America,

preferred

Packing Co
Rayonier, Inc., $2 preferred

5-15

$20c

5-13
J

.

Company,

preferred

Sears,

6-28

€-30

5ft

11-10

:

^

1

."$$1.50

—

v

stockholders July

preferred

Air

•5-15

1

1

5ft

8-10

12-

1
e-

7-

<

6-

5ft

5-10

9-

5ft

-5-22

6-10

—

(Subject to

Co.,
preferred

Seaboard

6-1

-€-15

.

1 •'<

(quar.)

Mfg.

3.65 ft

9

"

—

preferred (quar.)
preferred (quar.)

4.30 ft

9

y 75c

u>_-

Co.

dividend

Scythes &

5-31

6-

Reading Company—

37JAc

Co.

^er Rust-Proof
0$Vort;sl3Ur3 Rig &

1st

conv.

...

pfd.

6ft

(quar.)..—.———

Corporation of

$3.50

1

usual

—

6-

5-23

50c

(quar.)______

Rapid Electrotype
Quarterly

$1.12'A

(quar.)

1

6-15

$1.25

quar.)..

Refining.....

6-20

7-12

common.....

6-30

.7-

$4

Scovill

30c

6- 2

6-

*

■■■'?■?• j"$l
.

1

6- 2

-6-

t

20c

•

.

6'

'

<

——

$3.40
*

4ft

(quar.).

Corp.

6-16
5-19

5-17

(quar.)..

ilarine &

Bakeries

6-26

1

the

5-16

22'Ac

Stock

common

5-15

1

on

—

5-31

$1.50

to

I

Extra

Rath

(subject

1

6-

35c

(quar.)

20c

32 %C

6-

$1.02

(increased

com.

preferred

1

...

25c

& Gas—

for redemption

35c

t$i.e«

preferred A (quar.).Scott Paper Co., common (increased

5-15

$1.16

(quar.)

Company

conv.

6-30

(quar.)

Out!^ prefeired

Inc.

Oil

5ft

non-resident shareholders
The net amount after
1S shown above.

,P°Wer Co-

called

-

,

5-13

6-12

.

Corp. (increased)—;
Fisher Brick Co. (quar.)

&

Extra

May
at $110 per share plus this dividend.

6-15

M,ca

Otter8Tanalp Corp-'

issue

6-

(interim)........

2s

Entire

(quar.

5-12
*

€-12

'

1

6-

1

'6-15

bVaft

5-25

1

45C

(quar.)

—

Arms

Sayre

5-19

87'Ac

quar.)—

Electric

8-

Copper Co., Ltd.—

f5f.an shares

1

Service

25c

(quar.)

.6-16

7-15
6-

€-1

-

15c
-

—:

Remedial

Schwltzer-Cummins

5-19

.6-

6-15

"i-1"'1 $1

Francisco

Savage

9

Indiana—

of

preferred (quar.)
preferred (quar.)
Puget Sound Power & Light Co.—
$5 prior preferred—

6

5-

$1

$2 5c

$1.06'/4

4.08%

50c

(initial quar.).___
rY- Co. (s-a)

-

Co.

"I

(qUar-)

6-

6-15
6-15

1

35c

v

Semi-annual

5ft

preferred (quar.)....—
ft
preferred
(quar.)

—

Filters,

ClaSS

—

20c

common..

6- 9
5-19

37'Ac

$40c

s-a)

$1.40

9-15

6-

25c

4* preferred
Oliver United

10-

6-10

56'Ac

c°- of America—

(increased

Public

2

7-

10-

40c

-

-•

Co.,

Public Service Co. of New Hampshire

$1.10

$1.12y2

.$1.75

$ 20c

(irreg.)

6-15

35c

Co

Industries,

1

25c

"""II

...

°Quarteerly "C Insurance
Olin

7-

$1.10

Oht Seamless • "^'/aftT pfd.~Iquar.HI._"III
Ohio c°W3r, Co•
Tube

;

1

6-

San

5-24

1

1
1

7-

$$1.06 y4

...

Ltd.—

tquar.)

$1.25

6-

77-

•*,'"$1

(quar.)

.6-16

5-15

Ry.—

(quar.)

preferred

20

3'/2ft

1

preferred

preferred

$$2

(increased

Common

6-

97'Ac

——IIIIIIHIII

(quar.)..

Company

5-15

6-30

$5
$5

25C

5-18

1

40c

tquar.)

pfd.

—___....4

Francisco

$5

6-15

5

$1.25

■

...

common

6-20

Colorado—

of

Co.

Service

6-

50c

4.40%
preferred
Ohio Oil

each

prelerred (quar.i

Public

(quar.)IIIIIIIIIIIIIIII

for

■

50c

(quar.)

preferred

share

Ltd.

Transport

Service

55c

(quar.)

'.i

1

6-

6-

12AC

(quar.

5-19*

Ltd.—

(s-a)

Mines,

Extra
Public

Telephone¬
common

5-29

Paper Co.,

preferred

Louis-San

1

9- 1
12-

V

1

$2

9-10

12-10

$1.25

v

quar.).

■

1

5ft

preferred

Proprietary

1

6-15

(quar.)

St.

«-

30c

(quar.)

Paper Mills,

5-19

6-10

$1.25

(-quar.
preferred (quar.)!—

2nd

Regis

5-15

40c

(quar^«.___—

7-

25c

(one

Corp.

6-

25c

held)

25C

-

Ltd.,-4Vi ft

20C

25c

(quar.)

1

-

Works

preferred

<4.40%

t

6-30
;;

1st

$2.40
St.

9

;50c

America,

1

6-

—

(quar.)..!.

Lead Co«____

Lawrence

.*$6

5

5-31

1;

20c
53 VeC

St.

..

6-

7-

Company,

of

dividend

shares

r

5-

6-

•:

15c

Price Brothers & Co.,

6-15

s',20 preferred

Metals

6-

$1

Corporation (quar.i...—______——

St, Joseph

5-11
K-

6-30

50C

$50c

Canada

of

$1.02 y2

-

Industries

5-15
—

Corp.—

...

Metal

6-15

1

6-

share plus

per

Royalty Corp
Safway Steel Products, Inc.
Saguenay Power Co., Ltd.,
*4&ft pi«L (quar.)

5-11

45c

—

(quar.)

Quarterly
Quarterly

5- 6

30c

Preferred

6-

6-30

redemp¬

(initial quar.)

Sabine

5-11

$$1.50

6

25C

_

(quar.)

common

(quar.)

Co., Ltd.

Corp.

Pressed
5-

$25c

(quar.)

preferred

River

Prentice-Hall, Inc.

1

6-10

(quar.)

for

(quar.) Fuel
(liquidating)

Paper Co.,

•

5-29

Roxy Theater, $1.50 preferred (quar.)
••..37'Ac
•'
Royalite Oil Co., Ltd. (quar.)
x—
$6'Ac
Ruppert (JacobJ.vA'/aft preferred (quar.)..* $1.12'A

5-15

1

37'AC

—

Corp.

Power

6-

7-12

^

(quar.)

7-10

(quailllllll.

Associated

B

5-17

'

$$1.50

$1

—

$20c
$1.16

15C

5-15

1

25c

5-15
■

1

Ross

1

6-

.

i-

"

Mountain

Rowe

V 6- X

6-

V.T-

Development, Ltd.r (interim)
Company, $1.50 class A pref. t.quar.)

3.60ft

5-15

$1.3144

€-1$

9iy*c

.

1

$25c

Extra

12-16

6-

;

7-

9-16

,

6-

5ft

Potomac Electric Power Co.,

5-15

6-

IOC

,

fape^

1

25c

—

preferred .(quar.)

Class

11- 3

20C

$1.12 »A

MillsTLtdTcom.'TquarJIIIIII

"American

(quar.)

Portsmouth Steel

July

Company
Manufacturing Company

Brush

1

20c

t-

H

preferred

Ronson Art

6-4* ;( 5-20

25c"

•

29HC

common

& Haas Co., com. (increased
preferred A (quar.)_

4ft

Rolland

*

i(quar.)T.

:

Poor &

Shoe, 5%
preferred
(irreg.(—
Entire issue called for
redemption on

rip'rii,nl
Ocwf

12^15

'

7ft

6-21

$$1.13

II

(quar.)
preferred
(quar.)

'*

-9-15

7-

■

5-19

5-25

30c

35C

Service,

(quar.)
(quar.)

.

Common

1

10-

pfd. A (accum.)
$1.25
5Vaft prior pref. 1st series (quar.)
$1.37'A
Pittsburgh, Youngstown & Ashtabula Ry. Co.-

Co.

preferred

Edison

10-

1-1-51

Co.—

Mines, Ltd.__.__^__—....

Extra

Placer

:h

;

5 ft ft
preferred
Norwich Pharmacal
Company, com. (quar.)_
4.50ft conv. preferred series A
(initial)..
Nova Scotia Light & Power
Co., Ltd.— '
6ft
preference
(quar.)

7% preferred

•t. 8-16 1

6-30

:

6-12*

pfd. G

(quar.)

preferred A

Rohm

1

$1

preferred

prior

Rocky

7-

,

25c

...

1

Manufacturing Co.
Company, com. tquar.)...

5ft

6-15

9

6-30

(quar.)____

$105

at

ser

Electric

5ft

5-24

r

6-

$1,50

common

Pittsburgh Steel,

5-24

1

r

Norristown RR.

Inc., common (quar.)...^...
•"
4 Vi ft
preferred (quar.)____
Pittsburgh Coke Ar Chemical, common
'
y
$5 convertible preferred (quar.).
*
Pittsburgh & Lake Erie RR
Pittsburgh
Metallurgical
(quar.)

5-24

6-20

$1.25

.

Extra

&

Pitney-Bowes,

15C

.

(quar.)

Common

Ogilvie Flcur

Mills,

.y$4 preferred

$1.37 Vb

6-30

■

30c

r

PiJlsbury

r.-:

_______

5-31

1

5-25

(quar.)

...

Pickle Crow, Gold

1

Lines—

Northwest Bancorporation (quar.)

12 at $101
Nutrine Candy
Oak

common

com.

Philadelphia. Suburban Water, coihmon.li...A.
$3.65 preferred (quar.)_____
$3.95 preferred j initial)
—^
Phillips Petroleum tfo, (quar.).
1.

5-10

7-

6-15

8

^

1-1-51

_______

9

'6-10

1 5ft

3

6-

•;,^41

..

5-12
6-

5-19

6-

$1
:

.7-

Rockwood &

"

preferred

Northwestern

(quar.)

6-30

y 50c

;

'

(N.

(quar.).

Greyhound

Northwestern

6-15

(quar.)

Co.

1

:5-25

—-

______

.

'

1

Co.

Power

preferred

Northland

i

Co.

6-

$1.50

'

preference

Co.,

Extra

5-22

,6-15

50c

(quar.)

Refractories- (quar.)

Pennsylvania RR.

,

9

6-

;

Rocxwell

1

(quar.)

25c

25C

5-10

7

6-

$1.12 »A

preferred

Electric

$90

——,

North American Investment-^

2nd

non-cum.

5

6-12*

25c

5-20

$1.12 Va

•

(quar.)

1

6-

1

...

12

5-12

$1.12'A

Philadelphia Suburban Transportation
Quarterly
~
2_,
'

9

6-

5-22

■

(quar.)...

Ltd.,

-Quarterly
Quarterly
Quarterly

6-

$1

1st

6-

7-

preferred F (quar.)
of Ages Corp.

6-15

87'AC

1st

75c

-

conv.

1

75c

•

*

6-

Rochester Gas &

6-10

50c

(quar.)

$1
«

6- 9

6-15
6-

Norfolk

North American Car

Rock

1

(quar.)

,

85c
:

(interim)

5-22

6-

5

"50c

preferred

Philadelphia Germantown

'

(quar.),.

(quar.)

Southern Railway Co,
(quar.) 1——
Norfolk & Western Ry., common (quar.)
Normetal Mining Corp., Ltd.—.

■4%

1

"

1st

Philadelphia

6- 9

Corp.,- copimon....

share
j Nopco Chemical Co., $4 preferred (quar.)__

5-22

6-

'

6-15

■6-

6-30

Niagara

1

$1.12'A

$4 non-cum. 2nd preferred (quar.)
$4 non-cum. 2nd preferred
(quar.)

5-23

7-1

50c

' ?25c

;

(quar.)
Corp. (quar.)——1—_—

6-

40c

$4.50

5-11

5-22

50c

j
"

J:5-22

75c

;
'>

3.90ft, preferred

6-

$1

25c

com.

6-10

6-15

■

prior to June 26.

Company,

preferred

50c

••$4.50

4

.—--

6-15

<quar.)__

&

on
May 29
this dividend.

4.10ft

PhHadelphia Dairy Products Co., Inc.,

2

Little

common

tion

5

$1.75

$4.50
,

5-15
6-

01

Class A pref. (quar.)
Rochester Gas & Electric, 43Aft
All unexchanged shares called

•

5-17

6- 9

1

7-14

shares

Robinson

—

(quar.)

Mulllken
Corp
Company (quar.).,
Pfeifier Brewing Co. (quar.)
Pfizer (Charles)
& Company,
Syaft
preferred
(quar.)
Phelps Dodge Corp...

1

5-31
a

Inc.

6-

$1.50

Pa.)

Pettibone

5-31

r

5-

5-11

Pfaudler

5-10

6-15

.

1

i

2V2

Co.—

5-26

'30C

preferred

Gear

8-15

6- 9

preferred

&

25c

*

1

6-

6-

„

Peter

60c

1

$1.01

I
preferred

5-16

20C

1

5-

...

9-15

2oC

37'Ac

conv.
pid. (all outstanding shares
being called for redemption on July 1 at
$27 per share plus this dividend)..
Each share of preferred is convertible into

$2

8- 4

$$1.25

5-

1

56c

1

4

1

(quar.)

Paul,

Extra

5-17

6-

40C

1

43A%

5

Corp.—

8-15

6-

6

2-

6-

(quar.)

Machine

8-

11-4

$1.75

preferred (quar.)
Permutit
Company (The)...

60c

8-15

$1.10

7ft

k.6-30

3.40 ft

Telephone

41/2 ft preferred
Perfex Corp., 4I/aft>

50c

11-15

92'Ac

(quar.)

(quar.)____

47yac

•_

C

Light & Coke
Telephone Corp. (Butler,

Common

Corp. (quar.)
Paper Corp. (quar.)

2-15-51

6-12

pfd.

(quar.)

D

Richfield Oil

25c

Gas

$1.25

(reduced)

12-16

25c

;

(quar.)....

preferred

$1.12»A

35C

Parker

6-15

7%

10-

25C

B

preferred

preferred

$1.75

Niagara Mohawk Power
Class A''(quar.)

T

1

62'Ac

Pennsylvania State Water Corp.—

5-15

Pacifi,

7-

9-15

$1.75

(quar.)

preferred

4.05ft

5-10

Si.

___.III" _.1111111111

Corp., common
Pennsylvania Electric, 3.70ft

1

1

1

F&ciPr

(quar.)

Pennroad

U

7- -1
10-

6-1

Pihr
Fibre

preierred

11-15

50C

Ox
x

1

2nd

2-15-51

Newport News Shipbuilding & Dry Dock

S3 fin
$3.60

10-

7ft

33c

b-

(quari)

■ (quar.)_.i—___
Newfoundland Light & Power..
;

4?aV/

(quar.)

$1.75

6-15

33C

$15c

I Newberry (J. jr.). Company

Extra

7-

1

(quar.)

53y,c

—.—«

Water Service

flew York

3.90ft

$1.75

7-

33c

,

4.40%

-

(quar.)

9-

...

Founders shares

3.90ft

(quar.)

(quar.)

$ 15c

(quar.)—.
Company-^.—,—
New York Air Brake Co
*
New York, Chicago & St. Louis RR, Co.—
6# preferred A (accum.)..—
flew York Shipbuilding Corp—■ •
''
Participating stock —_—-—
•-—+

Oiho

common

preferred

2

Zinc

Jersey

Ohio

(quar.)

62yac

prelerred

preferred

Hoc

Nesbett Fund, Inc.

4ft ft

preierred

$1.32

6-

Nebraska-Iowa Packing
Neilson (William), Ltd., 5% pref. (quar.)..
Neisnev Brothers Inc.
(quar.)——

4ft

1st
1st

$1.32

6-15

i

4'Aft

7ft
7ft

8-25

5-18

-

preferred (quar.)
3 80 ft preferred (quar.)
INaumkeag Steam Cotton Co.

3% ft

1

1

5-15

A; 6-15

1

6-15

5-

9-11

1

5-26

5-

(quar.)

1

6-10

lc

1

(quar.)

6-15

Co..__

1

62 Vic

preferred

5-25

5-18

1

preferred

1

6-10

6-1

•

6-

preferred

1

$1.12'A

Inc.—

4Va%

6-

$1.32

7-

4ft ft

'

Stix,

A

6-10

1

6-15

6-

$1

7-

1

Life & Accident Insurance Co.
iquar.)
1
-[National Linen Service Corp., com. (quar.).
| 4'/aft preferred (quar.)
I y/c preferred (quar.)
1 National Pressure Cooker Co
Iflational Steel Corp., new com. (initial)___
[National Tea Company,- com. (quar.)——

5 ft

Rice,

7-1
7-

40c

iOc

$1

7-

90c

$1.12 'A

<quar.)____

com.

20c

1

7-

(quar.)
(quar.)

3iy4c

I

1

6-

(Tenn.)

North

Oil

6-

$40c

(qui(a.,*..*.!,*!***—
Lead Co., 7ft class A pfd.

hational
National

North

Ranch

6-

$37'Ac

Class A

$2

Rice

5-26

$1.12ya

(quar.)
_—
Co., $4.50 pid. (quar.)__

Mills, Ltd., class B

Iflational Hosiery
1

I

5-31

6-10

$20c

--

iKatonal Gypsum

.

5-31

6-10

$15c

preferred
preferred

Holder*

Payable of Rec.

Co.—

Manuiacturing Co.,
'prelerred (quar.)

6-15

10c

EXtrft-Gas
Iflational

3.60%

preferred

Rheem

6-15

20c

Extra

New

1

3.60%

9

When

Share

Tobacco

$20c

5C

Iflational

I

8-

(quar.)
(quar.)

5-

J.)

$35c

common..

Telephone,

Common

5-31

Company

(R.

4.50%

common

(quar.)
Wilcox.

&

5-23

1

Name of

,•

Reynolds

Ltd.—

preferred

Peck, Stow

5-12

Per
v

6-16

6-

50c

Dredging,

(quar.)

Peabody Coal Co.,

5-12

I

Gold

6-28

$15c

preferred

5%
6-

$15C

20c

(quar.)

Manufacturing Co., Ltd.,

7%

j

5c

Products

Consolidated

Interim
Paton

5-31

6-10

$12'Ac

foT Convertible'* preferred (quar. j
IflaUonal Electric Welding Machine1

Pato

5-19

$1.25

Co.

Paterson-Sargent Company

5-10*

1

6-10

When
Holder*
Payable of Mec.

Share

Parmelee Transportaion

5-10*

6-

60c

Per

Name of
Company

■

5-15

$1.06

—-

49

Heldere

$1.183A

(quar.).
(quar.)_

Dairy Products Corp
Discount, common

referred

When

5-31

5-15

30c

6-

I

5-16

6-

1

Co., Inc.—
—

$1.12ya

5-18

Edison—

(quar.)

3OV2C

5-31

5- 5

50

(2142)

The Commercial and Financial Chronicle

wr

,

Name oj Company
Southern

Company

Southern

Natural

Southern

Share

(quar.)

Gas

Railway

Co.

Co.,

When

Holder«

6-6
6-12
6-15

United

non-cum.

preierrea

iquai.,>

$1.25

6-15

non-cum.

preferred

(quar.;

$1.25

9-15

8-15

6-

5-15

Southwestern Associated Telephone—

Southwestern

Life

Southwestern

Public

ins.

Speed

Company

Queen

$5.50

Corp.,

Spencer

Spencer,

Kellogg

(quar.)

20c

6-15

(quar.)

40c

7-14

2nd

1

paid

pfd. (quar.)

6-

6-15

6-

6-

3

United

5

1

instead

01

will

1

5-16

U.

S.

6-

1

5-16

U.

S.

U.

——

35c

6-

1

5-19

50c

6-10

5-12

$1.12%

6-15

6-

Products, Inc. (s-a)
;
Squibb (E. R.) & Son, com. (increased quar.)

40c

5-24

5-10

U.

6-12

5-25

U.

Pacific

8-

1

7-14

8-

1

7-14

40c

6-

5

5-24

94c

6-20

6-

40c

6-

5-25

$4 preferred

(quar._w_-—$1

$4

(quar.)+._
Mfg. Co., common

preferred A

Staley

(A.

$3.75

Standard

$3.50
$1.60

(quar.)—;i

(quar.)_.

Accident

Insurance

Brands,
preferred

Standard

Inc.,

Co

preferred

conv.

Chemical

preferred

Ltd.,

Standard

al7%%

——

7-

3

5-23

7-

3

5-23

$4

/

Oil

of

Co.

Standard

Oil

Co.

Standard

Oil

(New

6-

1

$1

6-

1

Co.

(Ohio),

—

——

Co.—

preferred
preferred
preferred

Ltd.

—_

1

5-18

(resumed)

(quar.)
class A (s-a)

Suburban

4

United

United

Wallpaper $4

6-30

6-12

Universal

15c

6-10

6-15

9-29

9-15

$1.25

12-29

12-15
6-15

Utah-Idaho

6-

1

5-18

Vanadium-Alloys

7-

1

6-16

6-10

5-31

5%

6-

1

5-15

pfd. (quar.)_
(increased)—
Superior Oil Company (Calif.)
Superior Tool & Die Company (quar.)
,

Finch

2nd

Swift

&

Oil,

6%

preferred

5-29

5-18

1

4-30

6-

6-

1

Co.

(quar.)

69-

(quar.)

12-

6

12-15

$10c

5-26
6-15

5-25

37Vic

6-

1

6-19

6-

$1

5-29

5-19

5c

9

5-26
1

5-15

6-

1

5-15

7-

1

6-

1
1

10-

1

9-

J4c

7-

3

Taylor, Pearson &
5%

conv.

preferred

7%

1st

preferred
Alabama

Tennessee

Texas

Co

25c

(quar.)_

(increased)

Pacific

$1.75

6%

50c

Coal

Oil

Co.

(quar.)

$1.25

preferred

4-19

West

5-15

West

Glass

(quar.)_

5-27

Westeel

Mfg.

Co.,

common

Company, common
$2.50 preferred (quar.)

12%

Shovel

Thomaston

5-31

5-15

Western

Stores,

(increased)

Ltd.

(increased

quar.)

at $106 per share
plus
dend.
Previously
1

called

5%

preferred

6-15

5-26

5%
5%

preferred

5

5-11

5

5-11

Extra

6-13

25c

7-

1

6-

1

6-

1

&

Gas

;

preferred

208 South

Common

Westmoreland

Coal

Inc.

7-15

1

5-15

6-26

6-15

75c

6-15

6-

1

6-15

6-

1

7-

Oil

Co.

&

5

5-22

$1

6-

1

•'6-

of

A

(quar.)

—

United Amusement
Corp.,
Class B

Ltd., class A—

Artists

preferred

Theatre

preferred
Carbon

of

Company




IGOc

(quar.)

5-22

7-

1

6-17

25c

7-

5

6-

35c

?6-

1

5-12

$1.13

6-

1

5-12

20c

:6-

1

5-15

10-17

___

Northern

Ry

15c

—

35C

20C

—

12%c

-

pfd.

(quar.)

$1

Wilcox

5

5-19

6-

1

5-18

53y8c
25c

12yac

7-

1

6-17

6-10

5-26

6-

5-20

1

6- 1

5-20

7-15

7-

6-

1

5

5-15

8-15

8-10

11-15

11-10

6-15

6-

6-15

5-31

Company
Co.,

1

Winn

3

6-29

1

30c

6-15

6-

8

30C

9-15

9-

Lovett

4%%

&

5-

9

1

5-

9

;$1

$1.25

7-

1

10-

2

9-22

5-22

4-28

15c

W.)
W.)

&

5-15

$1.12%

6-

1

5-18

$1.25

6-

1

5-15

t50c

5-31

5-15

5-31

5-15

Co.,

conv.

pfd.

6-

1

6-

1

5-16

$1.12%

7-15

7-

50c

6-10

5-25

6

Wurlitzer

(Rudolphi

Wyandotte Worsted
Extra

Mines,

to issue and
additional 20,000
consideration pf

authorization

SEC

,

PROCEEDS—The proceeds will be spent to acquire

6-15

6-

1

leased

6-10

5-31

3

6-

1

6-

1

5-15

7-

/6- 1

5-18

1

6-12

6-10

5-25

7-

to
I

building, either

a

by purchase, .lease, or by acquiring land and erecting a new building
thereon, for the use of the corporation, and for the purchase of more
modern

7-

1965
,

Registrar and Transfer Co., New York, N. Y., is registrar.
All debenture bonds are to be issued in registered form, and are
in denominations of $100, $500 and
$1,000.

functions

of

it

for

printing and other
of

will

the

be

executive

equipment

corporation.

used

the

by

offices

When

and incidental to
building is acquired, a
and other parts will be
halls for trade unions ana
necessary

the

corporation

and

meeting

others.

Approximately $100,000 will be used
equipment, and $150,000 will be

printing machinery
acquisition of »
offering, none
of the proceeds will be used but will be
deposited in Manufacturers
Trust Co., in a special,
account; in the event that this amount is noi
obtained on or before Nov. 1,
1950, this offering will be abandoned ana
the proceeds of the sale of the debentures will be returned in
to

and

building.

Until the

sum

of $75,000

purchase

used

for

the

is obtained from this

1

6-15

6-30

5-15

6-30

5-15

As soon as the minimum
financing is obtained by the corporation n
will enter into contracts for the
purchase of machinery and equipment

6-

5-20

and

5-27

5-12

for

30c

6-

5-

1

1

7-31

3

7-14

90c

6-

1

5-15

5%

7-

1

6-

30c

.

1

5-31

5-15

3iy4c

6-

1

5-15

25c

6-

3

5-15

50c

6-

1

4-21

6-8

5-3
6-

a3%

6-20
6-15

6-

1

6-15

6-

1

$1.25

6-15

6-

1

7-

3

25C

(resumed)

1

5-20

25c

IIIII

67-

1

6-20

25c

8-

1

7-20

10c

6-

1

5-15

5-31

5-16

10c

5-31

5-16

a

and

will

with

capitalization

a

It

will

make

the

necessary

commitments

building.

commence

of

organized

in New York in

shares

was

3,000

March,

common

operation

and

of

stock (no P»r
the business o

in

engage

gathering news, printing newspapers, general job printing and pu°"
licity as soon as the minimum financing, set forth above, is obtainea.
Thereafter the corporation intends to engage in the production of raaio
and

television

programs.

^

i

The

business to be carried on by the corporation was previously con¬
ducted, for several years, by Maxwell C. Raddock under the trade name

of

Feature

Press.

:

-

.

presently leases space at premises 3 West 17th oi-,
complete printing plant which enables it to print newspaper
and to do a general business of
job printing; the plant will be put
operation as soon as the minimum financing, set forth above is o and

corporation

has

a

tained.
All

over

any

of

to

the

goodwill, printing plant, printing equipment and all -Otne
personal property of Feature Press was turne
by a bill of sale, l'ree and clear, and withou

formerly the
the

debt

entire
of

10c

of

ORGANIZATION—Corporation
1950,

fixtures

—

thereon,

acquisition

value).

5-26

?4c

1

deposits

pay
the

The

40c

$1 12%

^

J11"*

25c

$1.12%

(quar.)

received

^

35c

(quar.)
Ltd.—

(Del.)

12

.

part

$1.50

Ltd

Electric Co.—Stock to Parent—

May

on

175c

—

Company
Co.

at 100.

and

-

(quar.)

Wrigley (William), Jr., Co.
Monthly
Monthly
Monthly

171,

share.—V.

per

+$2.50

Wright Aeronautical Corp.

Wright-Hargreaves

$105

of

$250,000 of 3V2% 15-year debenture bonds, due in

the

56 %c

(s-a)

(quar.).

prior

price

-

World Wide Press Syndicate, Inc. (N. Y.)—Bonds Of¬
fered — The corporation on April 26 offered publicly

1

20c

Worthington Pump & Machinery Corp.—
Common
(increased)
4%%

redemption

County proposes to. apply the proceeds to the retirement
$1,500,000 of 2!/4.% promissory notes now outstanding in the amount
$4,250,000.—V. 171, p. 1930.
"
'

1

25c

,

prior pfd.

v.'h■:"v;:

-

by

Worcester

Of

5-15

$1.06 V*

(s-a)

4%%

of

6-

1

62 %C

Company

(F.

program.

parent, New England Electric System, an
its
capital stock, $25 par, for a cash

20c

(Alan) Steel Co., com. (stock dividend)
Woodall Industries, com. (increased
quar.)—

pref.

its

6-

-

Wood

(F.

construction

Gas, at competitive bidding, of $3,500,000
series due 1975, the proceeds to be applied
of its outstanding 33,425 shares of preferred stock,

the

company

to

6-15

7% preferred (quar.)_
Wisconsin Bankshares Corp.
(s-a)

Woolworth

sale

Worcester County
This

6-

Hirsch,

Woolworth

current

.

$1.25

common

'

;

bonds,

at

$1.25

U

5-24

-

;^
and

redemption

series,

6-15

(increased)—

9-19

r

properties to be acquired from

of the electric

by Gas of its presently outstanding $10,500,000 oi
bonds, 3%% series due 1976, at the redemption price

mortgage

25c

125c

5-15

Electric's

20c

.

(s-a)

2

stockholders will be given
share for each five

-new

the proceeds of the sale hf bonds and stock by

of

payment

2038.

1

6-23

$1.25

6-10

6-10

the

be

5-25

the

on

.

1

10-

5-19

to

p.

5-16

6-

Wisconsin Electric Power
Co.,
6%
preferred (quar.)
3.60%
preferred
(quar.)

the

Issuance

first

6-15

6-

35c

1

(f)
of

1

7-

6-15

preferred

for which
basis of one

stock,

common

$1,500,000.

40c

5%
conv.
preferred (quar.)
Woodward Governor Co. "(quar.)

6-10

of

1

95c

(quar.)

non-cumulative

.

>

to

t

30c

com.

to

its

Redemption

2-

common

(quar.)_———__

A

Co.—Financing, etc.—
order

an

$15,000,000 of first mortgage
to be offered for sale at competitive bidding.
sale by Electric
of an additional 585,405 shares

and

mortgage
io234%.

11-

Grocery Company—
(initial)-

preferred

and

(e)

shares

50c

—

Chicago,

elected Chair¬

sale, by Electric of

rights

first

1

(quar.)__

(resumed)—

of

Co.

was

1980,

Application

8-

_______

Brothers, 5% preferred (s-a)—
Company, common----—.—____

Winter

Gas

of

(quar.)

Winnipeg Electric Co.,
5%

(d)

8-15

&

common

and

par

Electric to

$1.25

Inc.—-——

1950,

held.

11-15

——___

preferred

$10

$1.25 2-15-51

B

issued

and

due

Issuance

Its

$1.25

(quar.)

series

Ashback

•

8

Gibbs

pfd.

major equity interest in this

a

Leonard

Leonard Ashback

1

series

shares

6-30

vtc

the

171, p. 1674.

17

26,

Issuance

subscription

6-19

&

shares

5-15

Corp.—

6-20

6-15

5-22

1

vtc

that

11,

by

Radio Corp.

par.

(ci

of

May

company

$1.25

(quar.)

April

on

acquired

May

on

p.m.,

bonds,

sell

5-15

40c

6-15

6-

common

1

1

5-15

Co.—-

1

6-

1

75c

(quar.)—

Products,

New

6%

$20

5-29

6-

7-

v

,

been

Garod

board.—V.

SEC

4 % %

(quar.)

7-

65c

5-29

6-12

175c

—.

6-

7-

5-15

6-12

7-15

Ltd.

$4.25

29,891

giving interested persons unt;j
request a hearing upon the application
subsidiary, Wisconsin Gas & Electric Co,
which proposes the following transactions:
.
(a) Purchase by Electric and sale by Gas of latter's electric utility
properties for approximately $10,873,000 cash and the surrender by
Electric
to
Gas
of
150,000
shares
of
the
latter's common stock,

2

7-

conv.

Wilson

5-16
5-

5-15

&

Wilson
6-

1

5-22
6-

6-16

(Toronto)—

Company (increased)
Lace Mfg. Co.
(reduced):
Sewing Machine Co., com._
conv. pfd. series A
(s-a)

Wilsil,

6-

1

25c

Oil

5%

7-

1

$1.50

(quar.)

the

this

of

9

75c

(s-a)

had

Wisconsin Electric Power
The

1:30

10-3

-

(quar.)—

Co.

of

man

(b)

-

common

6-15

37 %C

5-24

Willson

$1.25

America,
(quar.)

5-15

1

preferred

5%

Circuit—

(quar,)

United Biscuit Co.

_

•6-15

Wilkes-Barre

t50c

—„———

5-15

$1

9

Willcox

93%c

Air

5-10

6-12

6-

6-12

50c

5-17

6-10

40C

6-

5-12

$1.06%

5

5-12

Instrument Corp. (quar.)
50c
(George), Ltd., 4%% pfd. (quar.)_ $$1.12%
Paper. Co.---,—
50c

5-10

K,

6-

1

6-15

1

25c

Lines. Inc., 4%%
pfd. (quar.)
United Aircraft
Corp., 5% conv. pfd. (quar.)

10c

6-

*25C

-

—,

(quar.)—

75c

(quar.)

Co.

20c

1

5-31

1

California—

Car

7-17

announced

was

6-9

«-

1

preferred

5%

the

April 24 at $28.25 per share.

Wilcox-Gay Corp.—New Stock Interest—
It

5-20

6-23

—

tj

(quar.)

1

62 %c

i'

Wichita
River Oil Corp
Wiggin Terminals, Inc.,

5%

of

portion

record

8,

5-19

mv4c

30C

——

62Vic

common

—

Rubber

preferred
Tank

United

6-

May

parent of the

62MjC

Union

$4.50

company

1

7-

7-

$175

(s-a)

(accum.)

Asbestos

5%

1

6-

5

6-15

6-

30c

Assn.
;

LaSalle Street Corp.,

Union

United

12-

6-15

5-

25c

5-31

25c

Inc.
(quar.)
Underwood Corporation

United

12-11

Whitaker

6-15

pro¬

program.

1950.
During the stand-by period the under¬
writers
laid
off 7,500 shares at $30.37%
per
share, less a dealers'
discount of 50 cents.
See also V. 171, p. 1930.

t20c

Electric

Weston
•:

unsubscribed

the

stockholders of

common

$1.25

Ltd

-

1

6-

expired

1

preferred, series B

Westmoreland,

25c

Uarco,

$3.75

preferred

3.80%

The

May 9 publicly offered and sold 1,673
stock (par $20) at $32 per share.

on

represented
to

Rights

1

Stationery
(quar.)

Weston

8-

This

offered

9-

&

6-15

Unit, Inc.—

Union

Tablet

5-31

Co.

Troy & Greenbush Railroad
True Temper Corp
Tudor City Fourth

5-12

6-

(quar.)
(quar.)

5-26

J5C

—

5-12

6-

Co.,

common

9-11

(quar.)

6-15

1

6-

25c

t$1.20

A

6-30

l2yaC

Co

J2%C

&

6-10

Co.

RR.

6-13

31 y4c

(quar.)—

5-15

$1.25

Westinghouse Air Brake Co.
Westinghouse Electric Corp.,

1

7-

the above divi¬

preferred

Trinity Universal Insurance
Quarterly
Quarterly

$6

Western

July

—

preferred

Oil

1

on

Roller

shares of

6-

.

Pacific

40c

(quar.)
Trailmobile Company, 4y4%
pfd. (quar.)
Transue & Williams Steel
Forgings Corp.—
Treesweet Products Co., com.
(quar.)

Trico

7-

same

Edison, 4%%

5-15

22%c

$1.25

preferred A

12 Vic

38,803
shares
were
July 1 at $105 per share
regular quarterly dividend.
Bearing Co
.4—

also

plus the

on

$1.06V4

5-12

Insurance

5-26

6-

1974,

(S. S.) White Dental Manufacturing Co.—Stock Sold—

5-17

Common
Western

933/4c

preferred
(quar.)
Entire issue called for
redemption

$1.25

Life

6-15

f30c

$3.75

Timken

Western

5-15

$1

common

(quar.)

Drevel

6- 1

&

Supply

5-18

25c

Thrifty Drug Stores Co., Inc. (quar.)
Tide Water Associated
Oil, com. (quar.)

Toledo

Auto

7

62Vic

Mills

preferred

5-15

(s-a)

10c

(quar.)

Thompson Products Co.,
Thrift

5-15

Assurance

6-

50c

Co.

66-

6-2

Products, Ltd.
pref.

ioc

_

5-10

25c

37 %c

Falls

25c

Fair

4%

Cedar

Western

5-11

1,

construction

See Nineteen Hundred Corp. above.

5-31

Jersey & Seashore RR.

6-14

31V4c

com.

5-10

5-25

——

1

June

1950

6-28

5-25

5

10c

Oil & Snowdrift Co., $4
Indies Sugar Corp. (s-a)

6-15

due

and

1949

Whirlpool Corp.—New Name—

50c

;

-

Knitting Mills (quar.)
Wellman
Engineering Co
Wentworth Mfg. Co. Hquar.)

1

6-

1

75c

Corp.

5-25

57%c

Thermoid
Thew

Waterloo

its

600.

p.

6-30

Wayne

9*

5%

(quar.)

6-

170,

7-14

—

(quar.)

Petroleum

5-

25c

(quar.)—

Textron, Inc. (Rhode Island),
Thatcher

Warren

5-12

ioc

preferred

6-15

finance

to

bonds,

3%%

5-25

6-30

——

50c
&

6-15

a
subsidiary of the New York Water
Northwestern Mutual Life Insurance Co;

the

to

mortgage

used

were

—V.

65c

preferred

75c

(quar.)

5-20

ceeds

5

Gooderham & Worts, Ltd.—

25c

Extra

The

5-15

changing

936.

p.

company,

sold

first

Co.—w-—

(quar.)

preferred

1

5-21

5-15

5-

of

(increased)

Wesson

Textron, Inc. (New Hampshire)—
$2.30

$4.50

5-19

$1.12,/2
(quar.)

1

this

1949,

Corp.,

$700,000

50C

(quar.)..——

Warner Brothers Pictures, Inc. (quar.)
Warren (S. D.) Company, common

5-13*'

6-

6-

During
Service

50c

(quar;;

convertible

6-29

i

6-

60c

(special)

It

Western New York Water Co.—Bonds Sold—

O-LO

$1.75

—

for cash

Co., 2164

5-15

O-AU^.

5-

pfd.__—

(quar.)
& Iron Co

11c

Texas Gulf Sulphur
Extra

2nd

Co.

(Hiram)

6-15

35c

pfd.

Inc
Co.

.

Peterson

equipment, sprinkler system and a power plant.—V. 167,

6-15

6-10

6-10

(s-a)—_—

Extra

Georgia Ry.

1

&

facturing machinery including conveyors,

Disney Productions—

1

6-

7-

Zangerle

The

of

and six stories in height, and has a floor area of
is completely equipped with modern cabinet manu¬
a blower system, air

five

ft.

sq.

stock

5-15

115c

—

(quar.)

preferred

6-

f5c

(quar.)

Gulf Producing

Texas

(interim)

j

-preferred

1

b-

1

138,000

outstanding

the

Corp.,

preferred

6-15

$1

Terre Haute Water Works, 7%
Tex-O-Kan Flour Mills, com.
Texas Fund,

27c

*12%c

Corp.

&

5-29

i

b-15
6-

56V4c

(quar.)—

Co.

Common
Walt

Ltd.—

(quar.)

(accum.)

Tennessee,

4%%

(quar.)

(Canada),

6-

50c

Teck-Hughes Gold Mines, Ltd.
Telephone Bond & Share—
,

1

50c

Carson

preferred

6-

Chemical

Walker

5-16

5-31

Heating

4%

5-12

6-

50c

7-

6-20

75c

75c

Vogt Manufacturing Corp. (quar.)
WJR, The Goodwill Station, Inc.--—.
Waite Amulet Mines, Ltd.——
Walgreen Company, common (quar.)

5-15

25c

40c

Inc., common
Tampax, Inc. (quar.)
Taylor & Fenn, 4.32%

Co.

Steel

preferred

6%

■

Talon,

construction,

common—

Ltd., 5% preferred (quar.)
Virginian Railway, common (quar,)

4-26

25c

Sylvanite Gold Mines, Ltd
-Symington-Gould Corp.
Syracuse Transit Corp.

5-31'

(quar.)—

Oil

Company

Virginia Coal
Virginia Dare,

7

10c

Quarterly

6-15

65c

preferred (quar.)-^
5%
preferred
(quar.)
Viceroy Manufacturing Co.,

1

9-15

37%c

(quar.)

1

Chicago, 111., who have been high quality woodworking cabinet and furniture manufacturers since the year 1892.
The Zangerle & Peterson
manufacturing plant is of brick and mill

._—

Sugar

Raalte

Vapor

5-15

6-15

40c

preferred

Clybourn Ave.,

5%

25c

Sunstrand Machine Tool Co.

of

North

U

Upson Company

25c

Company (quar.)
Sun Ray Drug Co., 6% conv.

JC3%

O- iS

$1

Pictures, 4% % pfd. (quar.)
Universal Winding Co., 90c conv. pfd
Upper Canada Mines, Ltd—-—

5-26

25c

Sun Oil

pfd.

Insurance

3

25c

Sullivan Consolidated Mines, Ltd.
(increased)

5-18
5-26

i

—*—

Universal

9

11)

page

1

t

50c

7-

$75c

(Continued from

Wells-Gardner & Co.—Acquisition—
The company announced on May 9 that it has purchased

9

62 %c

non-cum.

Consolidated

6-

;

6-

5-20

6-30

•..-.

6-

iquar.;

(Del.)
Ltd.-

5-18

vl;

8

common-..—.;

Inc.

8-

Vick

Common

4%

Lines,

Steel

6-10

J20c

participating preferred (quar.)
Electric Securities, common

Common

Swan

Truck

I
,

50c

(quar.;—-——

8-15

25c
...

6-

35c

pid

Corp.,
Stores, $4.20

$1

-

(initial quar

Corp., common
preferred (quar.)

S.

Van

Inc.

1

Steel

7%

(D. A.) Oil Co., Ltd.—

Class A

S.

1

50c

Corp.
Ltd..

preferred

United

U.

Inc.,

Stix, Baer & Fuller Co
Stonega Coke & Coal Co.,

Stuart

6-21

30c

(quar.)

Stowell Screw Co..

5-17

25c

Textiles,

Furniture

4%%

9

7-14

7%,.

tax

tax.

Silt! Investment News

U. S. Spring & Bumper Co.—

J20c

(quar.)

7-

22 */ac

(quar.)

1st

56c

Stern

Stern

A

income

Jamaica income tax.

$1.06 V„

Company,

non-cum.

$1.25

-

(quar.)

Sterling Drug,

preferred

Rubber

Universal
+..

Stores, Inc.
Inc. (quar.)

Storkline

5-11

6-

preferred

S.
8%

5-10

6-12

U.

60c

(quar.)

Brothers,

&

9

corp.,

Brothers

4% %

5-10

6-

U.

\

(quar.)

5%

5-10

6-10

Less 30%

8

Company

40c

(quar.)

8

6-

(quar.)—-

com.

Printing & Lithograph Co.,

12 %c

—

6-

1

$1.75

—

(s-aj

$1.25

State Fuel Supply
Stecher-Traung Llthugrapn

Stedman

5-26

S.

5%

u

6-5

General Corporation and

8-31*

U.

6-

1

11-30*

U. S. Potash

25c

Corp. (quar.)
Standard Steel Spring Co.
(quar.)
Stanley Works (The)

9

77-

9-20

6-20

,)

—

Standard Silica

6-

$1

12-20

4-28

93%Cj,

6-30

5-10

75C

5-19

$1
50c

(quar.)—

common

preferred A (quar.)—
Standard Railway Equipment Mfg.

1

75C

7-

50c

,

6-

Quarterly
Quarterly

6-

5-

6-15

5-10

75C

$1

3%%

Quarterly

6-

x

5-10
■"

corp.—

(New Jersey)

U. S. Playing Card Co.
U. 8. Pipe & Foundry

40c

(quar.)—

60c

(quar.)

preferred

20c

(quar.)-:

Jersey)

pfd.

"British

Less

5-2,4.

40c

(quar.)———-

6-1 v

6-15

15c

5-16

1

$1.75

Machinery

Lines Co.

25c

(quar.)

(Indiana)

S.

4%%

4-28

t$1.25

—

California

Oil

preferred

Holdtr,

6-30

$1.25

5-19

1

6-

—

4%%
U.

5-15

6-

(quar.)

5-29
6-

75c

(quar.;

Ronman

resident

15%;

tax

a
.

22 %C

pfd. (s-a)—..
(initial quar.)

com.

]?he*

Payable of Set

420c

this dividend.

closed for

not

(Seattle) —

Co.

45c conv.

Guarantee Company (N. Y.)
(quar.)_
Gypsum Company, common (quar.)

S.

books

•Transfer

resident

new

_?«r

Share

>

•

'5-31

Quarterly

6-

(initial)

6-30

-

Knitting Mills,

/ (Payable In U. S. Funds, less 15% Canadian non-residents' tax.
tPayable In Canadian funds, tax deductible at the source. No*,

Co., common.—
preferred (quar.)

preferred

7%
U.

1

40c

(quar.)

Standard

Sterchl

6-

5-19

$1

5-15

6-15

tl2%c

common__

Dredging Corp., $1.60 p+d.
Standard Porgings Corp. (quar.)

5%

6-15

(quar.)

Co.,

Standard-Coosa-Thatcher Co.

5%

30c

Finishing
convertible

7%

8

87 %c

(quar.)—

common

(quar.)

Standard

In

5

S.

$4

1

Cap & Seal Corp.—

Standard

5%

E.)

preference

Standard

$1

9

be

5-25

__

b-

semi¬

a

(final)—

Insurance

Co.,
Envelope Co.,

S.

6-12

Extra

4-29

-

Ltd., "class A (s-a)_—.
Voungstown Sheet & Tube (quar.)_
Youngstown Steel Car Corp. (quar.)
,,

Ltd.—

Casualty

S.

40c
10c

(quar.)

preferred

5-31

Name of Company

York

t

■

(quar.)

Inc.

conv.

4-29

70C

5-16

6-

Sport

*IV

dividends

September

quarterly

a

basis.

Molasses,

United

6-

30c

(quar.)

& Sons,

Spiegel, Inc., $4.50

/

5-31

7oC

(increased s-a)

Monday, May 22,1959

.

Holdert

2%%

$1.37%

(quar.)__

When

Payable of

$25c

—

(quar.)

Ordinary registered

20c

pid.

in

on

annual

5-15

—

Co.

Beginning

"

7-12

55c
$1.50

con.mon„

Class A

(quar.)
Chemical

com.

conv.

1

(quar.;_.

com.
(Dallas)

Co.

Service,

Sparks-Withington Co., 6%
Spear &

$1.37%

Corp.

United Gas Improvement Co.

*

$5.50 preferred (quar.)
Southwestern Electric
Serv*;e,

Elastic

United

O-lO

5%

Share

,

125c

5-15

5%

f

'

~

Corporations, Ltd., class B (quar.)

5-31

75c

common

Name ol Company

5-8

50c

(quar.)

Pet

Payable of iteo.

20c

'

..

corporation

or

obligations;

authorized

directors

consideration

of

for

for

capital

the

which

stock

corporation

the

said

plant

of

Maxwell
the

and

C.

Raddock

corporation,

determined

was

a

received tn
the boa.

which

fair

and

reasona

Maxwell C. Rad.,, L,
and they wii]
treasury stock available for future corporate purposes.—V. 171, P- 17y *

is

donating 1.000 of the

said

shares

to

equipment.
the

corporation

.

Number 4909

171

Volume

..

The Commercial and Financial Chronicle

y

(2143)

STATE AND

51

CITY .DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS
ALABAMA

Bonds

Huntsville, Ala.

dated

are

June

15, 1950.

Denomination $1,000. Due on June
15 from 1951 to
1965 inclusive.

y

Sale—The $575,000 school
offered May 11—v. 171, p. Principal and interest (J-D) pay¬
1328—were awarded to Watkins, able at the City Treasurer's office.
Vforrow & Co., of Birmingham, as Legality
approved
by
Orrick,
>y4s, at a price of 100.44, a basis Dahlquist, Neff & Herrington, of
San Francisco.
pf about 2.21%.
Bond

3onds

Additional Sale

The $50,000

—

Los

Angeles County Sch. Dists.

improvement bonds offered
(P. O. Los Angeles), Calif.
ion same date were awarded to
.Bond Offering—Harold J. OstBterne, Agee & Leach, of Birming¬ ly,
County Clerk, will receive
ham, as l%s, at a price of 100.25, sealed bids until 9 a.m.
(Calif.
b basis of about 1.82%.
DST) on Mays23 for the purchase
street

of

O. Gunters-

[Marshall County (P.
Sale

Warrant

—

The

$3,490,000

vided

ville), Ala.

to

awarded

George

School District bonds. Due on

1,000,000

inclusive,

Elementary
on

from 1951 to 1970 in¬

price of 100.11,

holders.

CALIFORNIA

Los

Margaret B.

—

sealed bids until 7:30 p.m.

Bond

(Calif.

23

on

[June 1, 1950.
).

Due

on

Denomination $1,-

office.

Treasurer's

Legality

basis

of about

1.67%,

as

follows:

§220,000

as

l^s.

Due

June

on

1

"

from

1951

180,000

as

from

to

The second

to

inclusive.

1961

l3/4s.

1962

Due

June 1

on

1970 inclusive.

highest bidder

was

Blair & Co., jointly, for l%s and
13/4S, at a price of 100.01, a basis of
about 1.68%.
are

dated

June

1,

1951

to

1970

1950,

on

Denomination $1,000. Due
1' from

as

2039—were awarded

June

inclusive.

to

a[ a price of 100.75,

a

about 2.42%.

Witter

basis-of

1951
as

Due*on June 15
to

IV2S.

1955 inclusive.

Due

on

June 15

from 1956 to 1959 inclusive.

240,000

as

l%s.

Due

on

June 15

from 1960 to 1965 inclusive.

Due on June 15
from 1966 to 1970 inclusive.

200,000
,

" V

i

as

•'

,

San

2s.

....

.

—

The

$75,000 im¬

follows:
l%s.

irom 1951
from

of

care

Bank, N. B, A., 809
Chapel St., New Haven 10, until
noon
(DST) on May 23 for the
purchase of $875,000 school cou¬
pon bonds.
Dated June 1, 1950.
Denomination
$1,000.
Due
on
June

from

1

1951

to

inclu¬

1970

sive.

Principal and interest pay¬
able at the First National Bank, of
Legality

approved

Storey,
Thorndike,
Dodge, of Boston.

Palmer

by

&

FLORIDA

June

1

to 1953 inclusive.

13/4s.
1954

oh

Due
to

1965

on

June

15

inclusive.




basis of about 2.74%.

The second

will
a.m.

June 5 for the purchase
$90,000 school bonds.
Dated

DST)
of

Hawaii

May

9

awarded to John Nuveen &

of

100:02,

a

Bond

Brown,

on

15, 1950. Denomination $1,-

1968

on

Offering

Co., 16 Wall
City, until 10
for

will

B.

receive

bids at the Bankers Trust

sealed

1

William

—

Treasurer,

Street, New York
(DST) on June

a.m.

the

purchase of $5,000,000
public improvement, Series A, Is¬
sue of 1950, bonds.
Dated June 1,
1950.

Denomination $1,000.
Due
1953 to 1965 in¬

June 1 from

clusive.

Principal

and

interest

(J-D) payable at the office of the
Treasurer of the Territory of Ha¬
waii, in Honolulu, or. at the option
of the holder, at the Bankers Trust

Co., New York City. Legality apr
proved by Wood, King & Dawson,
of New York City.
ILLINOIS

June 15 from

1951 to

inclusive.

$10,000

as

101,000

4s. Due

on

July 2, 1951.

l%s. Due

as

on

July 2

from 1952 to 1960 inclusive.

proved by Chapman & Cutler, of
Chicago.
and

St.

Clair

of $3,-

Counties

$255,000
1951

11

(Calif. DST)
purchase of
$46,000 building and improvement
bonds.

23

a.m.

for

Dated

the

July 1,

1950.

De¬

nomination $1,000.
Due on July 1
from 1951 to 1970 inclusive. Prin¬

as 3s. Due on Dec.
to 1953 inclusive.

1,420,000

IVzS. Due

as

on

1 from
Dec. 1

from 1954 to 1969 inclusive.

Sch.

Con.

—

Corp., Ind.

John L. Van

INDIANA

divided

as

follows:

$75,000 Sch. Twp. bonds. Due on
July 1 from 1951 to 1961 in¬
,

clusive.

'

67,000 Civil Twp. bonds. Due on
July 1 from 1951 to 1960 in¬
clusive.
Dated

1, 1950. Denomina¬
Interest J-J. Legality
approved by Ross, McCord, Ice &
Miller, of Indianaoplis.
May

tion $1,000.

Bloomington, Ind.

\

Bond Sale—The

IOWA

$27,000 fire de¬

partment bonds offered May 15—
v. 171, p. 1932—were awarded to
the City Securities Corp., of In¬

Buffalo

Township Consolidated
School District (P.O.
Titonka), Iowa

Bond Sale—The $50,000 build¬
dianapolis, as iy2s, at a price of
100.28, a basis of about 1.46%. The ing bonds offered May 16—v. 171,
second highest bidder was Frank
| p. 1932—were awarded to the
E. Hailstone & Co., for lVfes, at a Iowa-Des Moines National Bank,
price of 100.23.
of Des Moines, as 2s, at a price
of 100.16, a basis of about 1,98%.
Highland, Ind.
The second highest bidder was
The $34,000 water
Wheelock & Cummins, for 2s, at
works improvement bonds offered
a price of 100.14.
May 16 — v. 171, p. 1932 — were
Bond Sale

—

awarded to Frank E. Hailstone &

Co., of Cincinnati, as l%s, at a
price of 100.64, a basis of about
1.65%. The second highest bidder
was
Fletcher Trust Co., Indian¬
apolis, for l2As, at a price of
100.37.

Comanche, Iowa
Sale

Bond

equipment

The

—

bonds

$8,000 fire
offered May 5

awarded to the White-Phil¬

were

lips Co., of Davenport as 21/?s, at
a price of par.

/

Dubuque, Iowa
Bonds Sold—An issue of $4,000

—

Indianapolis), Ind.
Bond Sale—The $500,000
Ground

until

Haven

Bond Offering

Collinsville), III.
Offering — Edward J.

follows:

bonds

May

Dated

Kirk, Treasurer of the School
Board, will receive sealed bids
until 9 a.m. (CST) on June 1 for
Mueller, Secretary of the Board of the
purchase of $110,000 building
Education, will receive sealed and 1950 bonds.
Dated July 1, 1950.
open bids until 8.30 p.m. (CDT) on Denomination
$1,000. Due on July
June 5 for the purchase of $950,1 from 1951 to 1965 inclusive. In¬
000 building bonds.
Dated June terest J-J.
Legality approved by
15, 1950. Due on Dec. 15 from 1951
Ross, McCord, Ice & Miller, of
to
1969
inclusive.
Legality ap¬
Indianapolis.
proved by Chapman & Cutler, of
Warren Twp. (P. O. R. R. No. 4,
Chicago.
Box 391, South Bend), Ind.
Stephenson County Sch. Dist.
Bond Offering—Carson E. CaufNo. 145 (P. O. Freeport), III.
nian, Township Trustee, will re¬
Bond Sale — The $1,675,000
ceive
sealed
bids
until 7 .p.m.
building bonds offered on May 15
(CDT) on June 2 for the purchase
—v.
171, p. 1829—were awarded
of $142,000 building 1950 bonds,
to
the
Chase
National
Bank,
Bond

580,000 refunding of 1950 coupon

bids

pur¬

of

apolis.

School District No. 89 (P.O.

bonds. Dated July 1, 1950. Denom¬

—

will
a.m.

$12,000 emergency loan
May 31, 1950.
De¬
nomination $1,000.
Due on June
30 and Dec. 30,
1951.
Interest
J-D.
Legality approved by Ross,
McCord, Ice & Miller, of Indian¬
New

Madison

Huntingburg, Ind.
Bond Sale
The $330,000 elec¬
tric utility revenue 1950 bonds of¬
fered May 15—-v. 171, p. 1932—
cago, jointly, as 2V2s, at a price of were awarded to the City Secur¬
100.55, a basis of about 2.45%. ities
Corp.,
and Raffensperger,
Dated June 1, 1950.
Due on Dec. Hughes & Co., both of Indian¬
1 from 1951 to 1969 inclusive. Le¬ apolis, jointly, as 2%s, at a price
gality approved by Chapman & of 101.19, a basis of about 2.39%.
The second
Cutler, of Chicago.
highest bidder was
John Nuveen & Co., for 23As, at a
Chicago, III.
price of 100.70.
Bond Offering—J. H. Dillard,
City
Comptroller, will receive Indiana State Fair Board (P. O.
May 23 for the purchase

William H.

Trustee,

Chicago, at a price of receive sealed bids until 9
basis of about 1.53%, as (CST) on May 27 for the

Bond Sale—The

sealed bids until 11 a.m. (CST) on

—

Township

chase

C. C. Eastin,

Offering

Nantz

notes.

County Clerk, will receive sealed

Bond

Twp., Sch. Twp. (P. O.
Stockwell), Ind.

Note Offering

follows:

( Territory of)

Arlington Heights, III.
$80,000 library
bonds offered May 16 were award¬
receive ed to R. S. Dickson &
Co., and
(Calif.
McDougal & Condon, both of Chi¬

Bernardino), Calif.
Offering — Harry L. Alli¬

son, County Clerk,
sealed bids until 11

on

Due

offered

the

.:'.

San
Bond

000. Due

and C. N.
Co.? of Oakland, at a
100.05, a basis of about

as

in

Haven

Bernardino County, Blooming•
ton School District (P. O.

June

wuv-San Francisco,

fcn

New

on

.

<>0,000

bids

& Cb.V

Principal and in¬
provement
1950
bonds
offered terest (J-D) payable at the Coun¬
yfay 15 were awarded to a syn- ty Treasurer's office. Legality ap¬
icate
composed of the Bank of proved by O'Melveny & Myers, of
Los Angeles.
merica National Trust &
Savings
Association, Dean Witter & Co.,
Stanislaus County Waterford
Dawson, Levy & Williams, Stone
Sch. Dist. (P. O. Modesto),
«
Youngberg, H. E. Work & Co.,
California

as

Treasurer,

&

Co., all of San
Francisco, John Nuveen & Co., of
Chicago, Kaiser & Co., Schwa¬
bacher & Co., Lawson, Levy &
Williams, Stone & Youngberg, all
of San Francisco, C. N. White &
Co., of Oakland, and H. E. Work
& Co., of San Francisco, at a price
oil 100.04, a basis of about 1.83%,

a

Livermore, Calif.

as

Town
sealed

Plant City, Fla.
Bond Sale—The $400,000

Barth & Co., Heller, Bruce

160,000

Lawson, Levy & Williams, all of
kan
Francisco, Fred Blake & Co.,
of Los Angeles, C. N. White &
Lo., of Oakland, and H. E. Work
&
Co., of San Francisco,- as 2%s;

•73%,
515,000

berg,
ceive

Co.,

bonds

Dated July 2, 1950. Legality ap¬

G. Wiwill re¬

Sayings Bank of Chicago, highest bidder was John Nuveen
& Co., and Welsh, Davis & Co.,
Blyth & Co., R. H. Moulton & Co.,
Weeden & Co., all of San Fran¬ jointly, for 3s and 2%s, at a price
of par, a basis of about 2.83%.
cisco, California Bank, William R.
Staats Co.,:both of Los Angeles, J.
HAWAII

from

syndi¬
composed of the Bank of
America National Trust & Savings
Association, Dean Witter & Co.,

&

Offering—Harry

Trust &

cate

°f

Bond

Boston.

follows:

Co., both of San Francisco, Harris

California
Bond Sale—The
$239,000 school
bonds offered May 15—v.
171, p.

mte

Boston, as 0.79%.
Dated May 17, 1950.
Due on Sept.
20, 1950.
of

Lauramie
re¬

—

were

awarded to the First Nation¬

Bank,

sioners.

Macomb, III.
Bond Sale
The $111,000

water
Hospital Dist. Marin County
and sewer revenue bonds offered
O. San Rafael), Calif.
Bond Sale
The $800,000 hos¬ May 15 — v. 171, p. 2039 — were
awarded to Odess, Martin & Herzpital bonds offered May 17—v.
171, p. 1931, were awarded to a berg, Watkins, Morrow & Co., both White, Weld & Co., both of New
of Birmingham,
and Herbert J. York, and Bacon, Whipple & Co.,
syndicate composed of the Bank
Sims & Co., of New York, jointly, of Chicago, jointly, at a price of
of America National Trust & Sav¬
as
2%s, at a price of 100.08, a 100.13, a basis of about 1.54%, as
ings Association, American Trust

County (P. O. Los Angeles),

Sale

al

1966.

funding

(P.

Lennox Sch. Dist., Los Angeles

B°Jid

were

Marin

Legality approved by O'Melveny as follows:
& Myers, of Los
Angeles.
$200,000 as 2s.

<

price of 100.08,

—

School District bonds.

•

a

Note Sale
The $600,000 tax
anticipation notes offered May 16

1,490,000 South Bay Union High

Dean

Schwabacher & Co., and William

•Bonds

1.60s, at

as

—

Glendale, Calif.
Bond Sale—The $400,000 sewer
of
1950
bonds offered
May 18
were awarded to Laidlaw &
Co.,
and Ira
Haupt & Co., both of
New York, jointly, at a price of
a

purchase of $3,490,000

District bonds.

ap¬

Los Angeles.

par,

for the

June 1 from 1951 to

proved by O'Melveny & Myers, of

Clerk
May

$2,000,000 Torrance Unified School

Principal and in¬
payable at the City

(J-D)

Dists.

Offering—County

bonds, divided

1960 inclusive.

terest

Sch.

will receive sealed bids until

June 7 for the purchase
$20,000 sewer bonds. Dated

)f

County

(P. O. Los Angeles), Calif.

fTooker, City Clerk, will receive
DST)

Angeles

Claremont, Calif.

Offering

Se¬

North Haven, Conn.

$1,000. Principal and interest
(J-D)
payable
at
the
County
Treasury, or at any of the fiscal
agencies of the County in New
York City, at the option of the

basis of about 2.62%.

Bond

Union

New London, Conn.

11, 1950. Denomina¬

tion

[ivere awarded to Satterfield Bros.,

?

the

to

basis of about 1.59%.

V

Dated June

Ark.
Bond Sale—The $100,000 school
construction bonds offered May 9
a

1

clusive.

Corning Sch. Dist.,

(Little Rock, at

Torrance

June

\

.

June 1

on

School District bonds. Due

y
.

ARKANSAS

School

High

from 1951 to 1970 inclusive.

1,000,000

basis of about 1.50%. Due

a

Torrance

District bonds. Due

lanta, jointly, as IV2, at a price of
from 1951 to 1960

a

elusive.

of Montgomery, and
Trust Co. of Georgia, of At¬

|99.96,

awarded

June 1 from 1951 to 1970 in?

I

M.

Wood & Co.,
the

were

$1,490,000 South Bay Union High ly,

$100,000

of Education Capital Out¬
lay school warrants offered May
were

di¬

bonds,

interest (J-J) payable tion of the holder. Legality ap¬ and Indianapolis Bond & Share
County Treasurer's office. proved by Chapman & Cutler, of Corp., Indianapolis, jointly, for
lVfcs, at a price of 100.52.
Wolters Sch. Dist., Fresno County Chicago.
Cook County Sch. Dist. No. 124
(P. O. Fresno), Calif.
Indianapolis Sch. City, Ind.
Bond Sale—The $48,000 build¬
(P. O. Evergreen Park, 42), III.
Bond Offering — M. V. Bailey,
Bond Offering—The
Secretary Business Director of the Board of
ing bonds offered May 16 were
awarded to the Security-First Na¬ of the Board of Education will re¬
School Comrrpssioners, will re¬
ceive
sealed
bids until
8
tional Bank, of Los
p.m. ceive
sealed
bids
until
1
Angeles, as
p.m.
2^s, at a price of 100.02, a basis (CDT) on May 23 for the pur¬ (CST) on June 2 for the purchase
chase of $25,000 school site bonds. of
of about 2.48%.
$535,000 building bonds. Dated
Dated April 1, 1950.
Denomina¬ June 16, 1950. Denomination
$1,CONNECTICUT
tion $1,000.
Due on Oct. 1 1957. 000. Due on July 1 from 1951 to
Callable in numerical order on 1970 inclusive.
Danbury, Conn.
Principal and in¬
Bond Sale-^The $475,000 bonds Oct. 1, as follows: $2,000 in 1962 terest
(J-J) payable at the office
offered May 17—v. 171, p. 1931— and 1963, and $7,000 in 1964 and of the Board of School Commis¬
and

the

curities Corp., of New York, joint¬

[Board
9

building

follows:

as

cipal
at

improvement

5%
has

Sewer

Special Imp. bonds
locally, at a price

sold

been

of par.

Lidderdale, Iowa
bonds

$16,300 water
April
25
were
the Carroll County

Sale—The

Bond

offered

awarded

to

Carroll, at a price
follows:

State Bank, of
of par, as

Sale

$5,300

consisted

general

of:

obligation

Denomination

Fair

mortgage

May

$100.

bonds.
Due

on

1 from 1952 to 1955 in¬

clusive.

May 11—v. 171, p.
awarded to Raffen¬

4,000 revenue bonds. Due on May
1 from 1952 to 1971 inclusive.

(J-J) payable at the
City Treasurer's office, or at the
office of the fiscal agent of the

Hughes & Co., of India¬
as
l%s, at a price of
100.15, a basis of about 1.35%.
The second highest
bidder was

7,000 revenue bonds. Denomina¬
tion $500. Due on May 1 from
1956 to 1958 inclusive.

City in New York City, at the op¬

City Securities Corp., Indianapolis,

ination
1952

to

$1,000. Due
1956

on

Jan. 1 from
Principal

inclusive.

and interest

offered

1829—were

sperger,
napolis,

Principal

and

at Lidderdale.

interest payable

52

The Commercial and Financial Chronicle

(2144)

KENTUCKY

May 25 for the purchase of $1,270,000
Second
Series
notes.
Bond Sale
The $56,000 school Dated June 5, 1950. Due on Nov. 1,
bonds offered May 17—v. 171, p. 1950.
principal and interest pay¬
Executive Secretary of the State
1713—were
awarded
to
Barrow, able at the Second National Bank,
Property and Buildings Commis¬
of Boston.
Legality approved by
sion, will receive sealed bids un¬ Leary & Co., of Shreveport, on a
bid reflecting a net interest cost Sullivan, Donovan, Heenehan &
til noon (CDT) on June 12 for the
of about 2.13%. The second high¬
Hanrahan, of New York City.
\
purchase of $4,000,000 capitol an¬
■'
est bidder was Rapides Bank &
nex office building revenue bonds.
Dalton Housing Authority, Mass.
Trust Co., Alexandria, on a bid re¬
Denomination $1,000. Due on July
Note Sale—The $190,000 Second
1
from
1952
to
1971
inclusive. flecting a net interest cost of about
Series notes offered May 18 were
2.14%.
Principal and interest (J-J) pay¬
awarded to the Chase National
Rapides Parish, Poland Sch. Dist.
No. 55 (P. O. Alexandria), La.

Kentucky (State of)
Bond Offering — J. B. Rieman,

—

1

-'

•'

.

able

the

at

Farmers

Bank

and

Terrebonne Parish Con. Schi Dist.

Trust Co., Frankfort.

No.

1

(P. O. Houma), La.
Bond Offering—H. L.
Bourgeois,

■

•

.4

1

Robert

Winthrop & Co., of New
Courts & Co., of Atlanta,
Laird & Co., of Wilmington, Lyons
&
Shafto, of Boston, American
National Bank & Trust Co., of
Chicago, John Small & Co., of
New York, Martin, Burns & Corbett, of Chicago, and Wood, Gundy

Battle

&

Co., Inc., of New York.

syndicate paid a price of
100.06, a basis of about 1.33%, as
follows:

ler, both of New York, jointly, at

$3,000,000 Capital
Outlay
loan,
Muhlenberg County (P. O.
0.87% interest, plus a premium of
Act of 1949, Chapter 309, Acts
Secretary of the Parish School $2.
Greenville), Ky.
of 1949, as iy4s.
Bond Sale—The $210,000 county Board, will receive sealed bids un¬
Notes are dated May 29, 1950.; > 500,000 Fall River Harbor termi¬
school
building revenue bonds til 10 a.m. (CST) on June 13 for Due on Nov. 1, 1950. Legality ap¬
nal facilities loan, 1945, Chapter
the purchase of
offered May 13—v. 171, p. 1932—
$850,000 school proved
by
Sullivan,
Donovan,
665, Acts of 1945, and Chapter
bonds.
Dated June 1, 1950.
were
awarded
to
Pohl
&
Co.,
De¬ Hennehan & Hanrahan, of New
308, Acts of 1947 bonds, as
nomination $1,000. Due on June 1 York
Fox, Reusch & Co., and Doll &
City.
IV2S.
from 1951 to 1975 inclusive. Legal¬
Isphording, Inc., all of Cincinnati,
5,000,000 Logan Airport im¬
Fall River Housing Authority,
ity approved by Dudley C. Foley,
jointly, as follows:
provement loan of 1949,
Massachusetts
$114,000 as 2V2S.. Due on May 1 Jr., of New Orleans.
Chapter 745, Acts of 1949
, Note Sale—The $1,950,000 Third
from 1951 to 1963 inclusive.
Winn Parish Sch. Dist. No. 3
bonds, as l%s.
Series notes offered May 18—v.
96,000 as 23/4s.
Due on May 1
(P. O. Winnfield), La.
Lot B
j 171, p. 2040—were awarded to the
[
:
from 1964 to 1970 inclusive.
Bond Offering — R. L.
Terry, Chase National Bank, and Salo¬
$600,000 Boston Harbor facilities
The second highest bidder was Secretary of the Parish
School mon Bros. & Hutzler, both of New
loan, 1945, Chapter 619, Acts of
W. C. Thornburgh Co., and Asso¬ Board,
will receive sealed bids York, jointly, at 0.87% interest,
a
1945, as amended bonds, as
until 10 a.m. (CST) on June 3 for
ciates, for 2V2S, 2%s and 3s.
plus a premium of $16.
\
1.30s."
;;;fvV
the purchase of $200,000 school
Vniontown, Ky.
3,100,000 Boston Harbor facili¬
Gloucester, Mass.
;
bonds.
Dated June 1, 1950.
De¬
Bond Sale—The $50,000 water
ties loan, 1941, 1947, Chapter
j Bond Sale—The $45,000 water
nomination $1,000.
Due on June 1
works revenue refunding bonds
714, Acts of 1941, and Chap¬
bonds
offered
May
18
were
from 1951 to 1965 inclusive.
Le¬
offered April 3—v. 171, p. 1188—
ter 532, Acts of 1947 bonds,
gality approved by Chapman & awarded to Gloucester National
were awarded to the Reconstruc¬
as- 1.30s.
Bank, as iy2S, at a price of 100.29,
.,1.1
tion Finance Corporation, as 4^s, Cutler, of Chicago. „:
a basis of about 1.46%.
8,000,000 Second Capital Outlay
The sec¬
at a price of par.
f
ond highest bidder was Tyler &
MAINE
loan, Act of 1949, Chapter 790,
West Point, Ky.
Acts of 1949 bonds, as 1.30s.
Co., for l3/4s, at a price of 101.52.
Orono High Sch. Dist., Me. •
Bond Offering—Hallie Souche,
Bonds are date June 1, 1950.
Methuen Housing Authority, Mass.
Bond Sale—The $150,000 school
City Clerk, will receive sealed
Denomination
$1,000.
Due
on
bonds
offered
Note Sale—The $594,000 Second
May
16
were
bids until 7:30 p.m. (CST) on May
June 1 from 1951 to 1965 inclu¬
awarded to the Eastern Trust &
Series notes offered May 18—v.
23 for
the purchase of $16,000
sive.
Principal and interest pay¬
Banking Co., of Bangor, as l%s,
street improvement bonds.
Dated
able
at
the
National
Shawmut 171, p. 2040—were awarded to the
at a price of 100.33, a basis of
Chase National Bank, and Salo¬
Jan. 1, 1950.
Denomination $500.
Bank, of Boston.
Legality ap¬
about 1.84%.
Dated June 1, 1950.
mon Bros. & Hutzler, both of New
Due on Jan. 1 from 1953 to 1970
proved
by
Storey,
Thorndike,
Denomination
$1,000.
Due
on
York, jointly, at 0.87% interest,
inclusive.
Interest J-J.
Legality
Palmer & Dodge, of Boston.
June 1 from 1951 to 1973 inclu¬
plus a premium of $5.
approved by Bullitt, Dawson &
sive. Principal and interest (J-D)
Lynn, Mass.
Tarrant, of Louisville.
Middlesex County (P. O.
Note Sale—The $500,000 notes
payable at the Merrill Trust Co.,
East Cambridge), Mass.
LOUISIANA
Bangor.
Legality
approved
by offered May 17 were awarded to
Note Sale
The $250,000 notes
Eaton & Peabody, of Bangor.,
the
R 0 c k 1 a n d-Atlas
National
Jeanerette, La.
offered May 16 were awarded to
Bank, of Boston, at 0.69% dis¬
Bond Sale—The $60,000 tax se¬
the National Shawmut Bank, of
MARYLAND
count.
cured bonds offered May 9—v. 171,
Notes are due on Dec. 8, 1950. Boston, at 0.64% discount, plus a
p. 1613—were awarded to Scharff
Cumberland, Md.
•
approved
& Jones, of New Orleans, at a price
by
Storey, premium of $1.
Bond Sale—The $400,000 flood Legality
of 100.01, a basis of about
7
2.44%, protection of 1949 bonds offered Thorndike, Palmer & Dodge, of
Northampton, Mass.
Boston.
as follows:
May 15 — v. 171, p. 1932 — were
Note Sale
The $250,000 notes

Bond Offering—De Witt C

building

bonds. Dated June 1, 1959

Denomination $1,000. Due
1
from
1952
to
1958
at

the Lakeview

•

•

Legality approved
Canfield, Padaock &

by Miller,
Stone, of Detroit.

Bridgeport Township (P. O.
Bridgeport), Mich.

•

v

Bond

Offering—A. J. Naumann
will receive'

Township Clerk,
sealed bid until 7
June
500

5

the

for

p.m.

(EST)

,

.

,

.

—

$20,000 public

improvement,

Se-

awarded

to Halsey, Stuart & Co.,

"

ries A bonds: $4,000 as 3s, due
on June 1 from
1952 to 1955

/

inclusive; $8,000
June

on

1

as

from

2V4s, due

1956

inclusive, and $8,000
due

June

on

1

to
as

from

1963

2V2S,

1964

and
Schmidt, Poole & Co., of
Philadelphia, jointly, at a price of
par,

!

1953

80,000

•40,000 public

improvement, Se¬
ries B bonds: $8,000 as 3s, due
June

1

from

1952

inclusive; $16,000

t

on

June 1 from

as

to
to

as 2V2s,
1, from 1964 to
1970 inclusive.

.

Additional

Sale

The

—

$70,000

water works utility revenue bonds

offered

above

on

date

20,000

as

May 1 in

on

r

Due

2s.

on

1959

inclusive.

Due

to

l%s.

as

1965

on

May
May

Due

to

1

1

on

1974

inclusive.

May

1

The second highest bidder was
Trust Co., Baltimore,

ing

Associates,
net

a

2.22%.

on

a

interest

bid

cost

reflect¬
about

of

June 1 from

1953 to

1970

MASSACHUSETTS

inclusive.
Jefferson Parish Subdrainage Dist.
No. 3 of the Fourth Jefferson
Drain.

Dist.

Metairie),

(P.

blower & Weeks, all of New York,
Watkins, Morrow & Co., of Bir¬

B.

Vick

to

the

Bankers

of New York, as iy4s,
at a price of 100.44, a basis of
about 1.16%.

1

La.

—

M.

awarded

Trust Co.,

are

dated

June

Denomination $1,000. Due

O.

Bond Sale
The $2,444,000 re¬
funding bonds offered May 15—
v. 171, p. 1613—were awarded to a
syndicate composed of Shields &
Co., Eastman, Dillon & Co., Horn-

mingham,

Arlington, Mass.
Sale-—The $275,000 street
construction bonds offered
May 12

Bonds

&

from

1951

to

1960

1,

10

on

June

inclusive.

Principal and interest payable at
the Second National

Bank, of Bos¬
ton.
Legality approved by Ropes,
Gray, Best, Coolidge & Rugg, of
Boston..

-

v.:-.,.

Boston

Housing Authority, Mass.
Note Sale—The
$7,580,000 First
Series notes offered May 18—v.
171, p. 2040—were awarded to the

216,00U

as 3V2S.
Due on May
from 1956 to 1958 inclusive.

.

1

400,Ouu as 3V4s. Due on May 1
from 1959 to 1963 inclusive.
567,00a as 3s. Due on May 1 from
lOu.t Xu ii969

inclusive.,,"'.

1,063,000

as 374s. Due oh
May 1
frc:a 197D to 1978 inclusive.




premium of $50.
2,580,000 at 0.89% interest.
a

1955 inclusive.

office

of

the

•

...

Note Offering—John J.

1. from

1951

to

1970

inclusive..

Principal and interest payable

at
the Second National Bank &
Trust

Co., Saginaw.
Legality approved
by Miller, Canfield, Paddock &

Stone, of Detroit.

bids

it " the

office

of

.

Additional
mann

Offering—Mr. Nau¬
will also receive sealed bids

the

on

day at 8 p.m. (EST)
purchase of $100,000 Dis¬

same

for the

trict No.

water

supply and dis¬

tribution

system

self-liquidating

revenue

coupon

Dec.

1

31, 1949.

000.

Due

bonds.

ond

Principal and in¬
payable at the Sec¬

(J-D)

National

Saginaw.

Bank

&

Legality

Marblehead, Mass.
Offering — Marjorie C.
Haines, Town Treasurer, will re¬
Bond

of Detroit.

;V.

by

■

,

Dearborn,
Bond

cial

16—v.

of

to

$1,097,000
bonds

assessment

May

Mich.

Sale—The

awarded

171,
a

spe¬

offered

2041—were

p.

syndicate composed

Blyth & Co., of Chicago, Ken-

ower, MacArthur & Co., Jones B.
Shannon & Co., both of Detroit,
and

Martin, Burns & Corbett, of

Chicago,

on a

interest

bid reflecting a net
about 1.34%, as

of

Cost

follows:

$165,000 Dist.

No.

bonds:

471

as iy4s, due on May
1 from 1951 to 1957 inclusive;

$111,000
and

$54,000 as lVzs, due on
May 1 from 1958 to 1960 in-

rv

1

elusive.

•:

*

\

>

ceive

sealed

bids

in

care

of

the

000

sewer
coupon bonds.
Prin¬
cipal and interest payable at the

Merchants

National

Bank,

of

Legality
approved
Storey,
Thorndike,
Palmer
Dodge, of Boston.
v

by

Boston.

&

:

Massachusetts
Bond

(State of)

Sal e—The

bonds offered May 17
ed to

a

First

$20,200,000

were

award¬

National

syndicate composed of the

Series

2040—were awarded to the

p.

Chase

Bank, and Salo¬
mon Bros. &
Hutzler, both of New
York, jointly,* at 0.87% interest,
plus a premium of $11.
^

& Co., Inc., A. G. Becker &
Co.,
Laidlaw & Co., Roosevelt & Cross,

Haupt & Co., all of New York,
Dougherty & Co., of
Philadelphia, F. S. - Smithers &

A.

Webster

and

$183,000

iy2s, due on

as

elusive.

r

r

Deckerville High

Sch* Dist.,

Bond

Offering

—

Hammill & Co., of New York,
I

Co., of Nashville,

Mick•

Frank

—

Board, 18 Tremont Street,
Boston, until 11 a.m. (DST) on
May 25 for the purchase of $1,440,000 Third Series notes. Dated
1951,
able

5,

1950.

at

the

Heenehan
York

Due

Jan.

on

31,

Principal and interest

&

pay¬
Shawmut

National

Hanrahan

City.

■

of

New

School

from

$1,000.

1951

to

approved by
MillerflShrnfield, Paddock & Stone,
chasefp&v Legality
of

DpTrofr

Erie and^La Salle Twps.

District,

Frac. bch.
Pier), Mich.

Bond Sale—The $35,000 build¬
ing bottds offered May 11—v. 171,
p. l&323*-"were awarded to H. V,

Mich.

Bond Offerin g—George V.

Mather, Secretary of the

Due
on
1958 inclu¬
Principal and interest (A-O)
payable
a bank or trust compan^' t<o be designated by the pur1

sive.

Dist. Nor. 8 (P. O. Luna

'

MICHIGAN
Albion

Denomination

April

Board of

Sattley^Go., of Detroit, as 3y4s.
The Isechrrd
highest bidder was
McDOflald-Moore & Co., for 3^s.

Education, will receive sealed bids
until 8 p.m. (EST) on May 25 for
the purchase of $350,000

Tdwriship District No. <>
'"(A O-.^.Route 8, Box 92,

HarrisVtl

building

coupon

1950.
on

bonds.

Dated

June

Denomination $1,000.

April 1 from 1951

clusive.

Principal

to

1965

in¬

and

interest

bank

.

Mich.

1,

Due

or

BOM-Sale—The

$120,000

offersefcsaMayTT*—v. 171, p.
wer5"awarded to

a

trust

&

Got¥;o&Detfdit,

bonds
2041

McDonald-Moore

company

J. C. Bradford &

in-

1

MerriWalt ham Housing
Authority, Mass. man, Secretary of the Board of
Education, will receive sealed bids
Note Offering
Ball Bartlett,
until 8 p.m. (EST) on May 22 for
Chairman,
will
receive
sealed
the purchase of $56,000 building
bids at the office of the
State
"coupon bonds. Dated April 1, 1950.
Housing

(A-O) payable at

son,

bonds:

iy4s, due on May
inclusive,

May 1 from 1958 and 1960

,

Bank, of Boston.
Legality ap¬
proved
by
Sullivan,
Donovan,

Co., of Chicago,
Glore, Forgan & Co., C. J. Devine
& Co., both of New York, Drexel
&
Co.,
of
Philadelphia, L. F.
Rothschild & Co., Merrill Lynch,
Pierce, Fenner & Beane, White,
Weld & Co., Barr Brothers &
Co.,
Coffin & Burr, all of New
York,
Harris, Hall & Co., Wood, Struthers & Co., Dominick &
Dominick,
both, of New York, Marine Trust
Co., of Buffalo, Braun, Bosworth

as

1 from 1951 to 1957

National

al Bank

Trust

$396,000

476

No.

'

$1,220,000 Third
notes offered May 18—v.

171,

,

579,000 Dist:

Note Sale—The

June

&

and $111,000 as iy2s, due on
May 1 from 1958 to 1960 in¬

clusive.

Taunton Housing A uthority, Mass.

Bank, of Chicago,
Morgan & Co. Inc., of New
York, Continental Illinois Nation¬

J. P.

353,000 Dist.
No.
475
bonds:
i c $242,000 as iy4s, due on May
V I from 1951 to 1957 inclusive,

of about 1.36%.

Co.. of New York, Rockland-Atlas

Housing Board, 18 Tremont Street,
Boston, until 11 a.m. (DST) on

Co.,

•

National Bank, of
Boston, Nation¬
al City Bank, of
Cleveland, Shear-

State

Trust

approved

Miller, Canfield, Paddock & Stone,

The second highest bid¬

sealed

the

Dated

Denomination $1,Dec. 31 from 1953 to

on

1974 inclusive.

terest

was

Hagerty,

receive

,

special assessment coupon bonds.
Dated July 1, 1950
Denomination $500.
Due on July

Boston,

Ira

Cambridge Housing Authority,
Massachusetts

Chairman, ; will

discount.
der

Board, 18 Tremont
Northampton National
until
11
a.mv Bank, 0.74% discount.
(DST) on May 25 for the pur¬
North Attleboro, Mass.
chase of $905,000 Second Series
Bond Sale
The $70,000 sewer
notes. ;* Dated June 5, 1950.
Due
bonds offered May 16—v. 171, p.
on
July 30, 1951.
Legality ap¬
2040—were awarded to the First
proved
by
Donovan,
Sullivan,
Heenehan & Hanrahan, of New National Bank, of Attleboro,
as iy2s, at a price of
100.97, a basis
York. J;':- *
Street,

1950.

Co., of
Chicago, Robinson-Humphrey Co.,
of Atlanta, Stubbs, Smith & LomChase National Bank, and Salo¬
bardo, pi Birmingham, Ernest M.
mon Bros. &
Hutzler, both of New
.Loeb Co., of New
Orleans, and
York, jointly, as follows:
Berber. J. Sims &
Co., of New
York, at, a price of 100.01, a basis $2,500,000 at 0.86% interest, plus a
of abou* 2.98%, as follows:
premium of $40.
2,500,000 at 0.88% interest, plus
$198,OUu as 4s. Due on May 1 from
195; t

the

May 23 for the purchase of $74,-

Bond

were

at

Merchants National Bank, of Bos¬
ton, until 11:30 a.m. (DST) on

J

&

on

bids

sealed

—

Mercantile
and

Housing Authority, Mass. offered May 15—v. 171, pt 2040—
Note Offering—George M. Ed¬ were awarded to the Merchants
wards,
Chairman,
will
receive National Bank, of Boston, at 0.69%
State Housing

were

Co., Newman,
Co., and Nusloch, Baudean & Smith, all of New Orleans,
jointly, as 23/4s, at a price of
100.10, a basis of about 2.74%.
Due

as

from

awarded to Weil &

Brown

1955

1.86%,

V

V

from 1960 to 1964 inclusive.

1963

June

on

about

2y4s.

as

100,000

1955

inclusive, and $16 000
due

of

-'-mC

Due
and 1954. :

from

2V4s, due

1956

,

$20,000 as 21/£s.

to

1970 inclusive.

on

basis

a

follows; 'y.'-

Maiden

on

purchase of $54

water

.

—

Anril

State Bank

of Battle Creek.

>

'

on

inclusive
Principal and interest (A-O)
pay.!

<

<

par

Secretary of the Board
0'
Education, will receive sealed bid*
until 8 p.m. (EST) on
May 23 f0r
the purchase of $290,000

.

-

I

(P, Q
Mich.

Creek),

sons,

able

Lot A

Bank, and Salomon Bros. & Hutz¬

Township, LakevieuA

School District

Battle

coupon

The

Monday, May 22,1953

.

Creek

Con.

York,

.

.

on a

bid reflect¬

to be designated by the ing" s^^et? interest cost of aboupurchaser- Legality approved by 2.30^^hfcasec(Sidv highest bidder
Miller, Canfield, Paddock & Stone,, was First of Michigan Corporation,,
of Detroit.

'

'

V. *

n'

~

for

s.

j
!

Number 4909

171

Volume

Township Sch. Dist. (P.

Uuron

Boston), Mich.

New

awarded to Halsey,
& Co., at a price of 100.05,

9041—were

Stuart

ia basis of

IcqftOOO
'

as

Rural Agric. Dist.,

Bond Sale—The $120,000

May 16—v. 171,

bonds offered

ing

k

Sattley & Co., of Detroit, Walter 1 nomination $1,000. Due on May 1
J. Wade, Inc., of Grand Rapids,' from 1951 to 1953 inclusive. In¬
ing bonds offered May 10—v. 171, and McDonald-Moore & Co., of terest M-N. Legality approved by
p. 1831—were awarded to Jones Detroit, jointly.
Wood, King & Dawson, of New
B. Shannon & Co., of Detroit, as
York City.
Wyoming Twp. Graded Sch. Dist.
2s, at a price of 100.16, a basis of
;
No. 7 (P. O. Grand Rapids),'
/ Windom, Minn.
about 1.97%. The second highest
Bond Offering — Sealed bids
Michigan
bidder was Braun, Bosworth &
will be received until June 6 for
Bond Offering — George Rose,
Co., on a bid reflecting a net in¬ Secretary of the Board of Educa¬ the purchase of $300,000 public
terest cost of about 1.99%.
revenue
bonds.
Dated
tion, will receive sealed bids un¬ utility
McBain

Q,

Sale—The $200,000 build¬

Kond

(2145)

The Commercial and Financial Chronicle

. . .

about 1.89%, as follows:
2s. Due on April 1 from

inclusive.
fifiOOO as 13/4S.
Due on April 1
I 'from I960 to 1963 inclusive.
16 0OU as 2s. Due on April 1 in
f
' 1964 and 1965.
ky//
1953 to 1959

Mich.

build¬

til 7:30 p.m.

June 1,

the

1951

(EST) on May 23 for
purchase of $490,000 building
coupon bonds. Dated June 1, 1950.

Mich.
Offering—Weyant
Midland,

Bond

Pangwill receive
Denomination $1,000. Due on June
(EST) on
from
1951
to
1966
inclusive.
May 24 for the purchase of $180,Principal and interest (J-D) pay¬
000
special
assessment
coupon

born,

City

Clerk,

Mt.

Due

bonds, divided

due

■

June

$100,000

1961
as

from

1

to

l^is,
to

l]As,

1965

to

$8,000 as

and

June 1, 1970.

on

2s, due on June 1
1960 inclusive;

as

1951

from

$10,000

to

lM>s, due

as

1965

from

County (P. O,
Ashland), Miss.

as

from

1

inclusive,

iy4s, due

Benton
;;

June

1951

200,000 stadium, Series A bonds:

$10,000

inclusive,

iy4s,

as

June 1

on

1969

to

due

on

June 1, 1970.

airport,

municipal

900,000

5th

Issue, Series B bonds: $450,000
as
2s, due on June 1 from
1951 to 1960 inclusive; $180,000 as
iy4s, due on June 1
from 1961 to 1964 inclusive;

to be

$225,000
and

l^s, due

as

1965 to

from

1

$45,000

on

June

1969 inclusive,

iy4s,

as

due

June 1, 1970.

on

/

v

,

30,000 penal institution, Series A
bonds, as 2s.
:
" V

Swope Park Improve¬
2nd Issue,
Series B
bonds: $50,000 as 2s, due on

105,000

ment,
•

June

from

1

clusive;

,

.

on

1969

from

1

:

v

.

.

inclusive; $40,000

due
a

.

.

on

1964

■

,

inclusive; $32,000

and

able at

follows:

as

on

1960

MISSISSIPPI

i

June

due

June 1 from

on

Bonds Sold—An issue of $50,a bank or
trust company
designated by the purchaser 000 road and bridge bonds has
notes was awarded to Jones B. $158,000 street improvement 1950 and
approved DyK the Board of been sold to M. A, Saunders &
Shannon & Co., of Detroit, on a
bonds.
Due on Oct. 1 from Education.
Co., of Memphis, as 3%s. Dated
bid reflecting a net interest cost of
1951 to 1955 inclusive.
April 1, 1950. Legality approved
Ypsilanti, Mich.
about 2.09%. The second highest
22,000 concord street 1950 bonds.
by Charles & Trauernicht, of St.
Bond Sale—The $32,273.19 gen¬
bidder was Isabella County State
Due on Oct. 1 from 1951 to
Louis.
eral obligation bonds offered May
Bank, Mt; Pleasant, on a bid re¬
1955 inclusive.
Gloster, Miss.
15—v. 171, p. 1933—were awarded
flecting a net interest cost of
Dated June 1, 1950.
Denomina¬ to
Bonds Sold—An issue of $30,000
McDonald-Moore & Co., of De¬
about 2.50%.,
v
tion $1,000.
Principal and interest
Water works revenue bonds has
troit, at a price of 100.07, a basis
(A-O) payable at the City Treas¬ of about
been sold to M. A. Saunders &
James Township Sch. DisL No. i
1.58%, as follows: ' •
r'
urer's office.^ Legality approved
Co., of Memphis, and the J. G.
(P. O. R. F. D. Saginaw),
{
$19,000 as l%s.
Due on May 1
K1
Hickman
' Co.,
Michigan
\ by Miller, Canfield, Paddock; &
of
Vicksburg,
-from 1951 to 1956 inclusive.
Stone, of Detroit.;
jointly, as 2y2s. Dated April 1,
Bond Sale—The $43,000 school
."V.
." it..-,
;■
'
•'
13,273.19 as l%s. Due on May 1
1950.
Legality approved
by
from 1957 to 1960 inclusive,
i
bonds offered May 17 were awards
Portage Twp. Sch. Dist. (P. O.
Charles
&
:•
Trauernicht,/ of St.
ed to McDonald-Moore & Co., of
Portage), Mich.
Louis.
—MINNESOTA
Bond Offering—Robert L.
'•/// ./V,ku''
Detroit, at a price of 100.09, a basis

Sale—An issue of $65,000

Note

150,000 fire protection, 7th Issue,
Series B bonds: $70,000 as 2s,

to 1965 inclusive.

sealed bids until 5 p.m.

Isabella County (P. O.
Pleasant), Mich.

1950.

53

June

on

1951

$20,000
1

I960 in¬

to

iy4s,

as

1961

from

to

due
1964

,

3.33%, as follows:

of about

1 Warner,. Secretary of the Board

,

Due on May 1

$25,000 as-3^s.

1960 inclusive. V'

from 1951 to

1

18,000 as 3%s.: .Due on May
from 1961 to 1965 inclusive.

& Co., for 3^s and

H. V. Sattley

3%s, at a price of 100.04, on a bid
reflecting a net interest cost of
! about

3.34%.

Bonds

kk^'kkykr; kk

May 1 from 1951 to 1965 inclusive.
Principal and interest (M-N) pay¬
a

bank

or

trust company to

designated by the purchaser.

be

Due

on

Dated

bonds.

coupon

1, 1950.

000.

Denomination $1,April 1 from 1953 to

1965 inclusive.

Legality approved
by Miller, Canfield, Paddock &
Stone, of Detroit. ■
///';. -j. ;'y
^

Palmer), Mich.
Offering—Stephen

I

Bond

sealed

until

bids

8

(EST) on May 29 for the purchase
$55,000 water and sewer rev¬
enue coupon bonds.
Dated Feb. 1,
1950.
Denomination $1,000.
Due
on Feb.
1 from 1952 to 1975 in¬

Lawrence, Mich.

$200,000 water
and sanitary sewage collection and
disposal system revenue bonds of¬ clusive.- Principal and /interest
fered May 17—v." 171,. pi 1933
(F-A) payable at the Detroit Trust
were awarded to a syndicate com¬
Co., Detroit. Legality approved by
posed of Jones B.. Shannon & Co.,
Miller,
Canfield,
Paddock &
H. V.: Sattley & Co., McDonaldStone, of Detroit. /kk £ / ; r iMoore & Co., S. R,Livingstone&
^Schoolcraft Community •
Co., and Slier. & Cd., all of De¬ :,S
Seh. Diet., Mich.
troit, as 33/4s, at a price of 100.005,
Bond Offering—Fred G. Stiver
a basis of about 3.74 %; 4 •
: I
-

-

)Pitrk Sch^ Dist.,

Lincoln

Mioh.

Sale—The

p.

First National Bank, of Mankato,
as

IV4S,. at

a price of
highest bidder

second

tional
for

Secretary of the Board of Educa
tion. Will ; receive sealed bids un¬

par.

The

was

Na¬

Citizens

1.40s, at

No. 81

p.m.

-

$52,000 drain¬
bonds offered May 11—v. 171,
1933 — were awarded to the

a

Bank, • Mankato,
price of 100.56. *.

Bond

County (P. O.
Aberdeen), Miss.
Sold—An issue of

Bonds

ly,

as

314s,

Supervisor's
bonds.'
>' 7 ' •
•

30,000

Supervisor's

bonds.

&

Moody, of St. Paul, jointly, at
price of par, a basis of about
2,38%, as follows:
-

Dist.

1

maturing after June

said

on

date,

No.

4

interest

any

on

Cascade

County,

1

/ y

Great Falls

School District No.

Dist.

No.

5

1

(P. O.

1586, Great Falls),

Box

Montana

April

Legality

1950.

1,

Trauer¬

by

a*

.

accrued interest

2

No.

Dist.

Charles &
nicht, of St. Louis.
.

or

payment date thereafter.

/;:•■

1969

l&s,

1, 1960, will be callable in inverse

bonds.

approved

as

June 1,1970.

on

bonds

v

Supervisor's

Dated

1965 to

MONTANA

Supervisor's

30,000

1933—were awarded to Kalman

Co., of Minneapolis, and Juran

due
All

bonds.

ing bonds offered May 10—-y. 171,
&

*

'

/

lVfes, due

as

from

order at par and

Dist. No.

$30,000

(P. O. Hanska), Minn.
Sale—The $55,000 build¬

p.

$120,-

follows:

as

1

inclusive, and $6,000

Cady & Co., of Memphis, joint¬

to

June

on

funding bonds has been sold

000

30,000

Sch. Dist.

inclusive, $29,000

Monroe

j

age

Tre-

of

Bond Sale—The

Bond

Brown County Indep.

whella, Township Clerk, will re¬
ceive

O.

Manhato), Minn.

O.

Richmond Township (P.

$1,000.

Denomination

able at

June

April 1, 1950.
Due
on

dated

are

Education, will receive sealed
bids until 8 p.m. (EST) on June 8
for
the; purchase
of $1,250,000
building

bidder was

The second highest

|

/Blue Earth County (P.

of

Prentiss

County (P. O.¬

Bonneville), Miss.

/

Sale

—
The $1,145,000
building and equipment bonds of¬
fered May
15—v. 171, p. 1714—
were awarded to a syndicate com¬
posed of Blyth & Co., of Seattle,

Bond

;

Harris, Hall & Co., Stern Bros, ft
Co., of Kansas City, Lee Higginson
y road
and | bridge : refunding Corp., The Illinois Company, of
19,000 as 2.40s< - Due: on May : 1 bonds has been sold to- M. A.
Chicago, < Foster &/Marshall, of
/v/ from 1965 to 1969 inclusive/
Saunders & Co;, of Memphis, as Seattle,
and
the
Mannheimer3%s. Dated April 1, 1950. Legality Egan, Inc., of St. Paul,-at a price
Hennepin County,'Minnetonka
approved by Charles & Trauer- of 100.07, a basis of about 1.69%,
Indep. Sch. Dist.-No.7 (P.O.
Excelsior), Minn.,4 4iicbt, of St; Louis/ > * i k/'kV'
/
: as follows:
B on d S a t e
The $1,500,000
$515,800 as P/fes, Due on June 39
building bonds offered May 16—
from 1951 to 1959 inclusive. v.. 171, p. 1933—were awarded to /:/
Kansas City,-Mo. •
:
; 629,200 as l%s. Due on June 39
Bond Sale—The:$5,265^000 bonds
a
syndicate composed of John
from 1960 to 1970 inclusive. ;
Nuveen & Co., of Chicago, Stran- offered May 17—v. 171, p.* 1933—
The second highest bidder was
ahan, Harris & Co., inc., of To¬ were awarded 1o the syndicate Northern Trust Co., Chicago. Harledo, William Blair & Co., of Chi¬ composed of the "First Bostoii Cop., riman Ripley &
Co; 'Inc.; First of
cago, Harold E.; -Wood & Co., - of Union Securities Corp., Salomon Michigan Corporation,
Piper, JafSt. Paul, C.- S.- Ashmun Co., of Bros. & Hutzler, Estabrook & Co.,
fray & Hopwood,: First National
Minneapolis, at a price of 100.02, G. H. Walker & Co., Wm. E. Pol¬ Bank, Minneapolis, First National
lock & Co., all of New York, Rob¬
a basis of obout 2;18%, as follows:
Bank, St. Paul, and Harold Eert W, Baird & Co:, of Milwaukee,
Wood .& Co., jointly,-as
at a
$285,000 as *2%s.
Due on "Jan.* 1
Courts & Co., of;Atlanta, and Marfrom .1952' to 1957 inclusive^
price of 100.46, a basis of about
tin-Holloway^Belcher, of Kansas 1.70%.
540,000 as. 2s.
Due on ,Jan. 1
ky./-,; ./ :,y;..City, at a price of 100.03, a basis
from 1958 to 1966 inclusive.
of about 1.54%, as follows:
7. Glendive, Mont.
//:■/.
675,000 as 2V4S.
Due on Jan. 1
$160,000 public hospital, 6th Issue, / Bond Sale—The $106,000 bonds
from 1967 to 1975 inclusive.
Series B bonds: $80,000 as 2s, offered April 10 were awarded to
*Marshall and Polk Counties Joint
yi;'/ due on June 1 from 1951 to Grande & Co., of Seattle, as 5%s;
Indep. Sch. Dist. No. 31 (P. O.
1960 inclusive; $32,000 as ly^s, at a price of par, as follows:

$36,000

as

2^4s;

Due

on

May

/ky from 1953 to 1964 inclusive..

1
.

issue

Sold—An

Bonds

of

$40,-

000

,

—

_

'

(EST) on May 24 for the
Secretary, of the Board of Educa¬ purchase of $160,000 building cou¬
tion," will receive sealed bids un¬ pon bonds; : Dated June 1, 1950
til 8 p.m.
EST): on June 1 for the Denomination $1,000. Due on Apri
purchase^of $371,000 " refunding 1 from *'1951 - to 1965 inclusive
Principal and interest (A-O) pay¬
bonds, divided as follows:
Bond Offering—Edwin H. Pate,

:y

til 8 p.m.

-

$71,000' Series;^ 2 / bonds. • Dated
Oct. lj 1943/ Due on Nov.
;from 1953 to 1965 inclusive.

*

300,000 Series
-

.

Oct. 1,
.196o..

3

bonds.

1943., • Due

Dated

-

on

Nov. 4,

St. Clair

Counties, Clinton River
Spillway Drainage District

at

bank

a

or

trust company

designated by the purchaser
Legality approved by Miller, Canfield, Paddock & Stone,of Detroit

to be

Southfield

Twp; (P. O. Route 3
Birmingham),■ Mich. /
Bond Offering—Fannie Adams

.

v

Macomb,' Oakland,' Lapeer; and
"

able

Township

Clerk,/ will

sealed bids until 8 p.m.

*

receive

(EST)

on

Bond

May. 23 for the purchase of -$47,000 water supply system revenue

ton River

.

.

-

,

•

Series B coupon bonds. Dated Jan

(P• O. Mt. Clemens), Mich.
Sale—The $817,000 Clin¬
Spillway bonds offered
17—v. 171, p. 1933—were

May

awarded to B. J. Van

Ingen & Co.,
Lee
Higginson

of

New
York,
Corp., Crouse & Co., and S. R.
Livingstone & Co., both of De¬
troit, jointly, .at a price of 100.001,
a

basis of about 2.12%,

$437,000 Series
as

/

$32,000

June 1 in 1951

on

1

inclusive;
due

from

$170,000

June

on

as

1953

1

2s, due
to

as

from

1960

2V4s,

1961

to

1967 inclusive and
on

to

Michigan
Bond

"80,000 Series

2

bonds:

ceive

1953
as

$60,000

1 from

of

inclusive,
on June

2s, due

1968 to 1970 inclusive.

Michigan Corp., Strana-

®an, Harris & Co., Inc., H. V. Sat*

n

^ F?'* and McDonald-Moore

y-Co^ jointly,; oh
a net

a

on

until

bid reflecting

interest cost of about 2.20%.




8

Sale—The

$75,000

1971 in¬

clusive.

Feb.

1

from

1955

to

1971

on

in¬

Dated Feb. 1, 1950.

Denomina¬

Principal and interes
payable at the Manufac¬

National

Bank

of

Detroit

Legality approved by Chapman &
Cutler, of Chicago.
Wyoming Twp. Graded Sch. Dist
No. 1 (P. O. Grandville), Mich.

'

Moody, jointly, for

1960
due
1964

Lake

County (P. O.
Falls), Minn. V
Offering—Arthur Prene-

drainage

1950
coupon
bonds.
1950. Denomination

and

improvement

dis¬

trict No. 41 bonds.
Pondera

County, Conrad High
District (P. O.

School

Conrad), Mont.

1965

from

to

on

June 1, 1970.

the
a

State Land Board,

price

from

of

2^s, at

as

Due on June 1
1970 inclusive.
Re¬

par.

to

1951

Victor), Mont.

iy4S, due on

1, 1970.

Bond

260,000 sewer, 4th Issue, Series C
bonds: $130,000 as 2s, due on
June 1 from 1951 to 1960 in¬

Paul, Minn.
Bond Offering—Joseph J. Mit¬
St.

clusive;

City Comptroller, will re¬
sealed bids until 10 a.m.

;Bond Sale—The $175,000 build¬ f.( CST). on May 24 for;the purchase
of $165,000 public, welfare coupon
ing bonds offered May 17^v. 171
bonds."Dated May 1, 1950. De¬
p. 2041—were awarded to H. V.

1

June

$161,000 as

June

on

'

*

bonds.

40

4,000 special

3,225,000 trafficway and boule¬ deemable in full on June 1, I960,
vard, Series B bonds: $1,615,- and on any interest due date
000 as 2s, due on June 1 from
thereafter prior to maturity.
The
1951 to 1960 inclusive; $644,second highest bidder was Piper,
000 as iy4s, due on June
1 Jaffray & Hopwood, for 2s and 4s,
from 1961 to
1964 inclusive;
at a price of about 100.20.
y
$805,000 as l%s, due on June
V1 from 1965 to 1969 inclusive, Ravalli County Sch. Dists. (P. Ot

purchase of $34,000

Due on June 1 from 1952
inclusive. Principal and
payable at any suitable
banking institution designated by
the purchaser.
Legality approved
by
Dorsey,
Colman,
Barker,
Scott & Barker, of Minneapolis.

ceive

trict No.

as

inclusive, and $12,000 as

iy4s, due

1970

chell,

and $8,000

—

on

1969

$1,000.
to

$102,000 special improvement dis¬

to

inclusive; $48,000 as iy4s,
Bond Sale
The $195,000 con¬
on June
1 from 1961 to struction
and
equipment bonds
inclusive; $60,000 as iy>s, offered May 11 were awarded to

due

vost, County Auditor, will receive
sealed bids until 3 p.m. (CST) on
June 5 for the

inclusive,

to

iy2S,

1965

from

1

June

as

iy4s, due on June 1, 1970.
235,000 park and recreation, Se;
ries, B bonds: $115,000 as 2s,
;
due on June 1 from 1951 to

Red Lake
Bond

on

1969

interest

tion $1,000.

(F-A)

Red

inclusive; $40,000

due

Dated June 1,

Due

clusive.

turers

&

on

1964

>

1961

from

1

June

due

build¬

2y4s and 2V2S, at a price of 100.01.

May

1 from

Juran

p.m

1958 to

Feb.

$20,000

The second
highest bidder was
*lrst

bids

330,000 Series B bonds.

1960 inclusive;
2V4s, due on June

as

sealed

Due on

to

1 from 1961 to
1967
and

Alexander J

$170,000 Series A bonds.

2%s, due on June 1, 1952;
$160,000 as 2s, due on June

$140,000

—

and

29 for the pur¬
chase of $500,000 water revenue
bonds, divided as follows:
(EST)

as

from

Offering

!

Lucier, Township Clerk, will re¬

inclusive.

1970

Alvarado), Minn.
Bond

ing bonds offered May 17—v. 171,
on Jan. 1 from 1954 to 1980 incl
p. 2041—were awarded to the Al¬
Legality approved by Miller, Can- lison-Williams Co., of Minneapo¬
field, Paddock & Stone, of Detroit lis, as 2.30s, at a price of 100.11, a
basis of about 2.28%. The second
Taylor Twp. (P. O. Taylor Center) highest bidder was Kalman & Co.,

$75,000 as
June 1 from 1968

2s, due

'

■V

1, 1950. Denomination $1,000. Due

follows:

1952, $160,000

June

on

as

bonds:

1

21/2s, due

and

;

:

~v

;;

June

$52,000
1

from

Offering—Ben E. Ander¬

Clerk, will receive
(MST)
on
June 5 for the purchase of
iy4s, due $86,000 bonds, divided as follows:

as
1961

to

District

sealed bids until 8:30 p.m.

1964

inclusive; $65,000 as iy2S, due
on. June
1- from 1965 to -1969

inclusive, and:"$13.000 as lyis,
due on June 1; 1970.
' * °
,

son,

*

$43,000 Con.
./ bonds.

«.

43,000 High /
bonds.

Dist.

Sch.:

:

•

No.
;,

•: -

;

7
:

Dist.No.: T

Sch.
"

54

(2146)

The Commercial and Financial Chronicle

Dated July 1,1950. Amortization
bonds will be the first choice and
serial bonds the second

choice

Trust

Co., of Chicago, First Boston
Corp., Braun, Bosworth & Co.,
Inc., John Nuveen & Co., of Chi¬

of

the Board of Trustees.

Curtis, A. G. Becker & Co., both
York, Stern Bros. & Co.,
City National Bank & Trust Co.,
both
of
Kansas
City, William
Blair & Co., of
Chicago, C. F.
Childs & Co., of New
York, Boettcher & Co., of Denver, Weeden &
Co., of San Francisco, Martin,
Burns & Corbett, Detmer &
Co.,
both of Chicago, McDonald-Moore
& Co., of Detroit, Small-Milburn
Co., of Wichita, Lucas, Eisen &
Wackerle, Soden-Zahner Co., both
of Kansas City, Peters, Writer &
Christensen, Sidlo, Simons, Rob¬
erts & Co., both of Denver, and
Juran & Moody, of St.
Paul, as
2i/4s, at a price of 100.07, a basis

NEW JERSEY

Carteret, N. J.
Offering—A 1 e

Bond

of New

d

x a n

Comba, Borough Treasurer,
receive

sealed

bids

until

e r

will

8

p.m.

(DST) on June 1 for the purchase
of $108,000
bonds, divided as fol¬
lows:

$51,000 general

improvement

bonds.

Due

1951

1955 inclusive.

to

June

on

1

from

30,000 street improvement bonds.
Due

on

June

1

from

1951

to

1955 inclusive.

27,000 emergency housing bonds.
Due

on

June

1

Paine, Webber, Jackson &

cago,

from

1951

to

1959 inclusive.

1, 1950. Denomina¬
Principal and interest
payable at the Borough

(J-D)

sue

Florence

April

Township School District

000.

(P. O. Florence), N. J.

1955

awarded

to

syndi¬
Ingen
Dolphin &
a

cate composed of B. J. Van
& Co., of New

York,

Co., of Philadelphia, Ryan, Moss
Co., of Newark, and Rogers,

&

at

price
1.97%.
a

of

100.35,

basis

a

County

sealed

bids until 8 p.m.
(DST)
May 26 for the purchase of
$379,000 refunding of 1950 coupon

1950.

Due

on

Dated

Denomination

Jan.

(P.

New

Jan.

1970

Mahwah),

Jersey

Bond Offering

Township

O.

F.

will

Dator,
receive

sealed bids until 8 p.m. (DST) on'
May 31 for the purchase of $165,000 water system acquisition and

improvement

on

from

1

1951

Due

to

on

in¬

1967

from

1

1951

Due

to

Jan.

1

from

1950 to

registered
bonds. ' Dated June 1, 1950.
De¬
nomination $1,000.
Due on June
1
from 1951
to
1975
inclusive.
coupon or

Principal and interest (J-D)

pay¬

able at the First National Bank &

Dated

in¬

1968

;

.

/■'!'

Jan.

1, 1950. Denomina¬
Principal and interest

tion $1,000.

(J-J)

'

•;

payable

at

the

Merchants

Roxhury Township (P. O.
Succasunna), N. J.
Bond

Offering

W.

Venner, Township Clerk, will

re¬

ceive

sealed

bids

until

8

p.m.

(DST) on May 25 for the purchase
$80,000 coupon or registered
bonds, divided as follows:
of

Frankfort Union Free Sch, Dist.
1

(P. O. Ilion), N. Y.
Sale—The $50,000 school
1950 bonds offered May 17 — v.
Bond

171,

2042—were awarded to the

p.

State
at

Bank

price

a

of

Albany
100.11, a

of

1.40s,
basis of

as

about 1.34%.

Hempstead
"

O.

New

-

Hempstead),

York

Bond

Offering — Hamilton S.
Gaddis, Town Clerk, will receive
a.m. (DST)
May 23 for the purchase of
$570,000 town hall 1950 coupon or
registered bonds.
Dated June 1,
1950.
Denomination $1,000.
Due
on

on

June

1

clusive.

from

1951

Principal

to

1965

in¬

interest

and

(J-D) payable at the office of the

15,000 township hall
and
fire
house, 2nd Series bonds.

Presiding Supervisor. Legality ap¬
proved by Hawkins, Delafield &
Wood, of New York.

-

hall

and

house bonds.

Dated June 1, 1950.

Denomina¬

tion

$1,000. Principal and interest
(J-D) payable at the National

Bank, of Dover.
Legality
approved by Hawkins, Delafield &
Wood, of New York City.
Saddle River Township
(P. O.
Rochelle Park), N. J.
Bond Sale—The
$61,000 bonds
offered May 12—v. 171, p. 1933—
were

of

awarded to Campbell &
Co.,
Newark, as 2.55s, at a price of

100.19,

basis of about 2.52%, as

a

follows:

$32,000 water bonds.
assess¬

ment bonds.

NEW MEXICO




Elizabeth

until

2:30

F.
re¬

p.m.

on May 23 for the purchase
$2,160,000 school coupon or

registered bonds.

Dated June 1,
Denomination $1,000. Due

1950.
on

Dec.

1

from

1950

to

1979

in¬

clusive.

Principal
and
interest
(J-D) payable at the Marine Mid¬
Trust

Co., New York City.
approved by Caldwell,

Legality
Marshall, Trimble & Mitchell, of
New York City.
Sch.

and

Dist.

Niagara

No.

R. F. D. No. 2,

$5,675,000

bonds offered May 16—v.
171,: p.
2041—were awarded to a
syndi¬
cate composed
of the
Northern

—

bids

(DST)
of

Lewiston

Albuquerque, N. Mex.
Sal e—The

Offering

sealed

New

Bond

9

(P.

000.

Com.

(J-D)

Allensville

Due

Bond

o m a s

Local

(DST)

'

Euclid City Sch.
Dist., Ohio

;

Bond Offering—Stewart
A. Cox
Clerk-Treasurer of the Board
of

Sch.

Dist.,
$180,000

Sale—The

171,

v.

the

at

until

con¬

11—

Savings

Bank

—

June

noon;

unlimited

a

bidder

was

The

second

highest

195f Jto

1965

inclusive.

1 from

Clerk,

bids-until

will

noon

at

the

First

on

Legality approved by
Sanders & Dempsey, of

1965

inclusive.

Interest

1715—were awarded to Fahey,

p.

Clark & Co., as 2%s, at a price of

102.13,

Berlin/Local Sch. Dist. (P. O.

(P. O.

Homeworth), Ohio
Bond Sale—The $120,000 build¬
ing bonds offered May 9—v. 171,

May 26

A-O.

Principal and

r

Knox Local Sch. Dist.

sewer improvement bonds.
Dated
April 1, 1950. Denomination $1,OOOrtJtae on Oct. 1 from 1951 to

payable at the OmC

Bank, of

Cleveland.
sealed

for the purchase of.
$15,000 storm

1951 to

National

Chillicothe.

Wells, Vil¬

(EST)

Interest J-D.

cipal and interest (J-D) payable

,

receive

to 1960

nomination $1,000. Due on Dec. 1
from 1951 to 1972 inclusive. Prin-

Squire,
Bond Offering—J. C.

1951

7 p.m. (EST) on June 1
for
purchase of $56,000 building
bonds. Dated June 1, 1950. De¬

A-O.-

lage

June

on

until

*

B.

Due

the

Interest

Barnesville, Ohio

bonds'.

coupon

Bond
Offering — D. C. Ben¬
nett, Clerk of the Board of Edu¬
cation, will receive; sealed bids

•

Charles

tax

Huntington Local Sch. Dist. (P; 0.
R. F. D. No. 7,
Chillicothe), Ohio

Seasongood & Mayer,
a price of 100.83,

2%s, at

6 for

school,

Dated June 1, 1950.
1' and Dec. 1 from

&

sealed bids

(DST) on June
purchase of $900,000

the

Co., of Cincinnati, as 2%s,
price of 101.53, a basis of inclusive.

about 2.62%.

for

Education, will receive

Ohio

1934—were awarded to

p.

Provident

Trust

York

basis of about 2.30%.

a

Lenox Lqcal Sch. Dist. (P. Q.
/L F> D. Jefferson), Ohio

.

,

■>

,

<

Offering—Wiilard E. Van
District Clerk, will re¬

Place,
(DST) on May
10,500 fire
apparatus 1950 bonds. Dated
July
1, 1950. Denomination $1,050. Due
on July 1 from
1951 to 1960 in¬
Troy, until 2

clusive.

Principal

and

for

2 y2s,

at

102.19^^ ,,. f
l^^^JSrewster,

p.m.

25 for the purchase of

First

was

Corp.,

ceive sealed bids at the office of
Allan Dixon, 401 Cannon

Cleveland

1

from

im¬

provement notes offered April 20

Banking. Co.,

the

3s, at

as

Brewster
a

price of

par.

Bronson-Nor walk Local Sch. Dist.

Norwalk), Ohio
1

Bond Offering

Bond

ock,

.

City

will receive
(DST) on
May 26 for the purchase of $1,29,350' bonds, divided as follows:
Nov.

on

k

for the purchase of

(EST)

-

5

'

and interest

office of the

1951

2.10s, at

price of 100.70,
Ia-o.
basis of about 2.04%.
*
~
as

a

to

1974

and

Oct.

inclusive.

1

Interest

Sanford, Tompkins and Masonville V
Central Sch. Dist. No. 1
(P. O.

Deposit), N. Y.
Bond Offering—J. Leland Rickard, District Clerk, will receive

Chardon,
Bond

Offering

Ohio

—

Anna

noon

(EST)

on

000.

Due

or

on

June

inclusive.

1

from

1951

regis¬
1950.

to

1980

Principal and interest

(J-D)
payable at the Farmers
National Bank of Deposit.
Legal¬

ity approved

by Hawkins, Dela¬
field & Wood, of New York
City.
(P.

O.

lock,
ceive

(DST)

sealed
on

Supervisor, will
bids

until

May 24 for the

2

onr

Oct.

1

from

1951

Interest A-O.

to

Le¬

.

re¬
pjm.

June

on

1950.

1,

Principal

(M-N) payable at the
Sinking Fund Trus¬

Legality approved by Squire,
Sanders & Dempsey, of Cleveland.

Bond

Offering

—

ceive

sealed

(EST)

on

bids

10

until

a.m.

May 25 for the purchase

of $29,331 East River Sewer
trict bonds.
Dated June 1,

Dis¬

Denomination

$1,000, except one
gality approved by Peck, Shaffer for $1,331.
Due on Dec. 1 from
& Williams, of Cincinnati.
1951 to 1960 inclusive. Principal
p
Clarksfield Local Sch. Dist. (P. O.
Wakeman, R. F. D.), Ohio
Bond

Offering

—

Jacob Binder,

Clerk of the Board

of Education,
will receive sealed bids until noon

Oswego

Offering—Theodore Whit-

Town

$1,-

Due

1967 inclusive.

Due

Elyria), Ohio
Caroline K.
Parker, Clerk of the Board 01
May.31 County Commissioners, will re¬

000 construction

coupon

.

sealed

sealed bids until 2 p.m.
(DST) on
May 24 for the purchase of $950,-

bonds. Dated June 1,

*

Lorain County (P. O.

for the purchase of
$30,000 water
and sewer extension bonds.
Dated
Feb. 1, <1950.^ Denomination

tered

Dated

and

tees.

Clause,

Village Clerk, will receive
bids until

'

\

1

from

April 1

.

1 from

$500.

on

.

Nov.

Due

Hutzler, of New

to 1955

1951 to 1960 inclusive.

171, p. 2042—were awarded to
Salomon Bros. &

v,

£

Due

bonds.
1951

paving

ing bonds.
Dated June 1,
Denominations $1,000 and

1950.

from

alley

bonds.

June 3

on

$40,000 build¬

noon

sewer,

1

Bond Sale—The
$322,000 build¬
ing 1950 bonds offered May 18—

noon

.

Auditor,

sealed bids until

inclusive.
Clellan,-Clerk of the Board of
Education, will receive
sealed ! 76,100 street
bids until

''

.

Sand Lake and Poestenkill Central
Sch. Dist. No. 1 (P. O.
Averill Park), N. Y.
~

inclusive.

1965

Lorain, Ohio
Offering—Joseph J. Mit-

$53,250 storm

Doris B. Mc-

—

to

Principal and interest (J-D) pay¬
v able at the J efferson Banking Co.,
Jefferson.

Ohio
$20,000

wer^^arcted1 to

1951

of

—

,

Nofe Sale —The

price

a

interest

payable
at
the
National
City
Bank, of Troy. Legality approved
by Allan Dixon, of Troy.
-

R. F. D. No. 2), N. Y.

Cook, District Clerk, will receive

recejv
(EST) V

noon

Bank, of Clifton
vx&dierlin Heights), Ohio
B on d Off e r i n g — William
Springs.
Legality approved f>y~ t Bond Sale—The
$326,000 con¬
Springer, Clerk of the Board of
Reed, Hoyt & Washburn, of New struction'bonds offered
May 16—
York City, y.\',y
Education,' will receive sealed
v. 17f,.t|rr 1934—were
awarded to
hids Until'& pun: (DST) on June 6
Sand Lake, Averill Park-Sand Lake J. A^ White &
Co., of Cincinnati, for the
purchase of $15,000 school
Fire Dist. (P. O. Averill
as 2^4s, at a
price of 100.57, a basis
Park), H
house bonds. ; Dated June 1,1950,
of about. 2.19 %.
New York
The second high¬
Denomination $1,000. Due on Dec.
Bond
est ihjdder

Scriba

G.

th

Dorset Local Sch.
Dist., Ohm
vi Bond
Offering—A. L.
Mellin£er
Clerk of the Board of

pfewf

struction bonds offered May

National

Bond

sealed bids until 2:30
p.m.

on

1970 inclusive.

O.

York

T

0f

000 construction bonds.

The

—.

Offering

Due

Lewiston),

Offering—T h

sealed

a

,

Hazzard, District Clerk, will
ceive

Albert

—

June 2 for the
purchase of

OHIO

bids until 3 p.m.
(DST)
May 25 for the purchase of
$500,000 building and equipment
coupon or registered bonds. Dated
June 1, 1950.
Denomination. $l,-t

a

(P. O. Homer), N. Y.

land

23,500 general bonds.
5,500 street improvement

Bond

Cent. Sch. Dist. No. 1

Bond

Offering

Clerk-Treasurer

York,

Homer, Cortlandville, Scott, Preble,
Summerhill, Sempromius,
Spafford and Groton

Union

100.006,

10,000 street machinery bonds.

sealed

Derzee,
(P.

price of

a

Exempted Villa*.
District, Ohio

Bofd of Education,; Will
bids until

Na-

basis of about 1.69%.

p.rm

Joyce, District Clerk, will receive

tario

fire

$65,000 township

3

Springs),

Washburn, of New York City.
No.

Sale

New

terest

sealed bids until 10:30

Thomas

—

until

Arcadia Central School District
No. 2 (P. O. Clifton

Bank, Plattsburg. Le¬
gality approved by Reed, Hoyt &

Trust

Co., of Ramsey.
Legality
approved <by Hawkins, Delafield
& Wood, of New York
City.

bids

on

clusive. ;

the

Amherst, Ohio
$17,500 fire
Bond Offering—Charles A. Mil¬
equipment bonds offered May 15—
ler, Village Clerk, will receive
v.
171, p. 1933—were awarded to
sealed bids until noon (EST) on
Geo. B. Gibbons &
Co., Inc., of May 26 for the purchase of
$15,New York, as 2.20s, at a price of
000
storm
water
sewer
bonds.
100.28, a basis of about 2.14%.
Dated April 1, 1950.
Denomina¬
Phelps, Manchester, Hopewell and tion $1,000. Due on April 1 from
Bond

on

on

to

NORTH CAROLINA

Otisco, Otisco Fire District (P» O.
R. F. D, Marietta), N. Y.

.

Due

Holmes,

15, 1950.~LfegaL
Caldwell, Mar¬

Denomination $1,000.

Bond

clusive.

93,000 Series C bonds.

awarded

1.70s, at

as

Feb. 1 from 1951 to 1980 inclu¬

in¬

1969

National

R.

—

Clerk,

receive

(DST)

185,000 Series B bonds.

Principal and interest
(J-J) payable at the Lodi Trust
Co., Lodi.
Legality approved by
Reed, Hoyt & Washburn, of New
York City.
Twp.

sealed

1950.
on

clusive.

June

inclusive.

Mahwah

will
a.m.

$34,000 Series A bonds.

$1,000.

June 1 from 1951 to

Morhous,

May 25 for the purchase of $312,000 bridge coupon or
registered
bonds, divided as follows:

on

registered bonds.

Treasurer,

sealed bids until 11

Bond Offering—Joseph D.Pacella, Borough Clerk, will receive

15,

Denomination $1,April 1 from 1951 to

Bond Offering—C. M.

Bond

1950

May 10—v. 171, p.

tionaLBank, of Wappingers Falls,

(DST) on May 25 for the purchase
of $510,000 building 1950
coupon
or registered bonds. Dated Feb.
1,

County (P. O.
Piattsburg), N. Y.

Lodi, N. J.

or

ceive

Clinton

of

equipment

and

offered

Park

School

,

inclusive.

Gordon & Co., of New York, as
2s,

bonds

schedule

postpo^

en

'

o

imp^

•

1950.
on

Deer

Wappingers Falls, N. Y.
Bond Sale—The $15,525 land ac¬

Dated

Dec.

on

$50,000 street
bonds, originally

EgSSfi

torney of Oswego.

quisition

1950

Coshocton, Ohio
Postponed—Thp

the

ment

Legality approved by

1934—were

Principal and in¬ sive.
Principal
and
interest
terest (A-O) payable at the Baby¬
(F-A) payable at the First Na-<
lon National Bank & Trust Co.,
tional Bank, of La Fargeville. Le¬
Babylon.
Legality approved by
gality approved by Vandewater,
Vandewater, Sykes, Heckler &
Sykes, Heckler & Galloway, of
Galloway, of New York City.
New York City.

Bond Sale—The $698,000 school
bonds offered May 11—v.
171, p.

1714—were

1,
Due

Due

March 1 from 1951 to 1980

William M. Gallagher, County At¬

Authority,

22

Bond Sale
of

Denomination $700.

1, 1950.
on

Monday, May

.

Education'
Henderson, N. C.
y
y will
receive
sealed
>
ity approved by
bids until'
Bond Offering — Wi E. Easter8 p.m. (DST) on
shall, Trimble & Mitchell, of New
June 5 for th
ling, Secretary of the Local Gov¬
York City.
purchase of $25,000
;
t ernment Commission, will receive
building
bonds.
Dated June 1,
1950. Deb
Orleans, Clayton,
Alexamdx*#,^ $ealed bids until June 6 for the nomination $1,000. Due on
Dec 1
Pamela and Leray
(purchase of $315,000 bonds, ; di¬
from 1951 to 1970
inclusive. Prin¬
vided as follows: •
v ;
'
Sch. Dist. No. 1 (p. o.
j
cipal and interest (J-D)
La Fargeville),
payable
$250,000 sewerage extension bonds. at the
Jefferson
Banking Co
Bond O f f e r i n g—Gladys T.
30,000 street improvement bonds. Jefferson. '
''
Bretsch, District Clerk, will re¬
25,000 water works bonds.

holder, at the Carteret Bank
Co., Carteret.
Legality sealed bids until 2 p.m. (DST) on
approved by Caldwell, Marshall,1 May 25 for the purchase of
$64,Trimble & Mitchell, of New York 000 street
improvement 1950 cou¬
City.
pon
or
registered bonds. Dated
Trust

XLVIII notes.

1950.

water supply system
registered bonds. Dated

inclusive.

rell, Chairman, will receive sealed
bids until noon (DST) on May 24
for the purchase of $34,300,000 Is^

NEW YORK

Treasurer's office, or at the option
&

Due

Note Offering—Thomas F. Far-

Babylon (P. O. Babylon), N. Y.
Bond Offering—William F. Wolter, Town Supervisor, will receive

of the

June

(A-O) payable at the Power
City Trust Co., Niagara Falls. Le¬
gality approved by Vandewater^
Sykes, Heckler & Galloway, of
New York City.
New York City Housing
New York

$21,000

coupon or

terest

of about 2.24%.

Dated June
tion $1,000.

of

on
May 24 for the purchase of
$125,000 building 1950 coupon or
registered bonds.
Dated April 1,
1950.
Due on April 1 from 1951 to
1976 inclusive.
Principal and in¬

.

.

(EST) on June 2 for the purchase
of $30,000
building bonds. Dated
June 1, 1950. Denominations $750
and $500. Duelm Oct. 1 from
1951

purchase^taJL9I4 inclusive.

(J-D) payable at the
County Treasurer's office. Le|a "
ity approved by Squire, Sander
and interest

&

Dempsey, of Cleveland.
May field Heights, Ohio
Bond

decker,
nnura

Offering—Fred

W. Ley-

Village

will

cnol n/1

Clerk,
Kirlc

llflt.ll

reJjOOI*

["

Number 4909

171

Volume

40,000

Pauipment coupon bonds.
Dated
Tune
1, 1950.
Denomination $1,-

IV2S.

as

bidder was First
Portland, at a
price of 100.09, a basis of about

second

Due from 1957 to

1960 inclusive.

,

1964 inclusive.

inclusive. * Principal and in¬
terest (J-D) payable at the Cleve¬
land Trust Co., Cleveland.

highest

National

Due from 1961 to

40,000 as 2s;

Dec.l from 1951 to

Due on

noO

(2147)

Commercial and Financial Chronicle

The

, . .

Bank,

2.18%.

1Q69

Sale—The $110,000 water

Bond
171

'

a

Okla.
i
$30,000

Sale—The

Bond

Donald &
at

water

system bonds offered May

works

171, p. 1834—were awarded
1.90,%. The .second highest
to C. Edgar Honnold, of Oklahoma
bidder was the First Cleveland
'corp., Cleveland, for 2s, at a price City, and Associates, as follows:
of 100.73.,
$10,000 as 4s.
Due from 1953 to

about

to 1962

10,000

(PST)

1952

from 1958

Due from 1963 to

ing

of 100.60,'■;

awarded

No.

County Indep. Sch. Dist.

(P. O. Pawnee)," Okla.
Sale—The $66,000 build¬

1

Bond

bonds offered

May 17 were
Davis,

L.

Evan

to

of

Tulsa, the R. J. Edwards7lnc., of
Oklahoma City, and the SmallMilburn Co., of Wichita, jointly,
on
a bid reflecting a net interest
cost of about 1.96%.

(P. O.

Ohio
Bond Offering — Fred Hayes,
Clerk of the Board of Education,
will
receive
sealed bids until
1, Dorset),

will

8

p.m.

until

bids

May 29 for the purchase

on

inclusive.

to 1971

Lane

Sch.

County

No.

Dist.

1

(P. O. Star Route, Goshen),
Oregon
Bond Sale—The $20,000 school
bonds offered May 17—v. 171, p.
1935—were awarded to the United

National

States

1967 inclusive.
Pawnee

Secretary,

District

$100,000 water bonds.
Dated
July 1, 1950.. Due on Jan. 1 from

inclusive.

4V2S.

as

Sutherland & Co., of To¬
ledo, as 2V4s, at a price of 101.14,
a basis of about 2.08%.
The sec¬
ond
highest bidder was J. A.
White & Co., for 2V2S, at a price
Ryan,

R. D.

Due

4V4S.

10,000 as

terest A-O.

of

1957 inclusive.

Perrysburgh, Ohio
; Bond Sale—The $12,000 water
works bonds offered May 9—v.
171, p. 1831 — were awarded to
■

Co., both of New York,. Equitable
Securities Corp., Paine, Webber,
Jackson & Curtis, Dominick & Do-

Water Dist. (P. O.
Madras), Ore.
Bond Offering—George F.
sealed

land,

2s, at

as

a

Bank, of Port¬
price of 100.43, a
The second

basis of about 1.93%.

highest bidder was First National
Bank, Portland, for 2s, at a price

minick, both of New York, Wil¬
liam Blair & Co., of Chicago, Boat¬
men's National Bank, of St. Louis,
Mackey, Dunn( & Co., of New
York,
Butcher
&
Sherrerd,
Schmidt, Poole & Co., both of
Philadelphia, Tripp & Co., Wm. E.
Pollock & Co., Burr & Co., Gordon
Graves & Co., all of New York,
Newhard, Cook & Co., of St. Louis,
Thomas & Co., of Pittsburgh, Mar¬
tin, Burns & Corbett, of Chicago,
A. Webster Dougherty & Co., of
Philadelphia, Byrne and Phelps,
Inc., of New York, Arthurs, Le¬
strange & Co., Chaplin & Co., both
of Pittsburgh, and Aspden, Robin¬
son
& Co., of Philadelphia, at a
price of 100.26, a basis of about
1.63%, as follows:

of 100.29.
Lane County Sch. Dist.

No. 76

(P. O. Oakridge), Ore.
Offering—Iola M. Davis,

Bond

Clerk, will receive sealed
(PST) on May 29
for the purchase of $75,000 bonds,
District

bids until 8 p.m.

8 p.m. (DST) on June 3 for the
Washita County Indep. Sch. Dist.
divided as follows:
purchase of $8,000 school house
No. 78 (P. O. Cordell), Okla.
bonds.
Dated June 1, 1950.
De¬ I Bond Offering — The Clerk of $10,000 grade school bonds. Denomination $500. Due on June
nomination $1,000. Due bn Dec. 1 the Board of Education will re=>r?:
1 from 1951 to 1970 inclusive.
from 1951 to 1958 inclusive. Prin¬
ceive
sealed
bids until; 8 p.m.
65,000 grade school bonds.
De¬
cipal and interest (J-D) payable (CST) on May 23 for theFpurchase
nomination
$1,000.
Due on
at the Andover Bank, Andover.
of $92,500 construction fc>qpds...
June 1 from 1951 to 1970 in¬

Ohio

Rossford,

i.

May 8—v. 171, p.
1615—were awarded to the First
offered

bonds

1

Cleveland, as
price of 100.52, a basis

Cleveland Corp., of

2V2s, at a
of about 2.32%.

.

/

1, 1950.
De¬
Due on April

1 from 1953 to 1973 inclusive.

J.

Central

Bond

Sale

v.

The

—

funding bonds

R.

coupon

Denomination $1,000. Due on
1951

from

1

inclusive.

1970

to

Principal and interest (J-D) pay¬
able at the Central Hanover Bank
&

Trust

Co., New York City, or,

option of the holder, at the
County Treasurer's office. Legal¬
ity approved by Sinkler, Gibbs &
Simons, of Charleston.
at the

SOUTH DAKOTA

Highmore, S. Dak.
Offering

Bond

15—

The second

1,

June

1,

000.

Due

Jan. 1 from 1952 to

on

inclusive.

1962

by

Denomination $1,-

1950.

Principal and in¬

payable

at

suitable

any

trust company designated

or

Legality

purchaser.

the

(P. O.
Ohio
$40,000

County

Portsmouth),
Sale

Bond

The

—

Sch* Dist, No, 16
(P. O. Huntington), Ore.

praisal bonds offered May 17—-v.
171, p. 1934 — were awarded to
Ryan, Sutherland & Co., of Toledo,
as
1V2S, at a price of i00.14, a

Sale—The

Bond

$15,000 school
15
were

May

offered

bonds

awarded to the State Bond Com¬

mission, at

basis of about 1.45%.

a

price of par, a basis

of about 2.11%, as

follows:

June 17

bids until 2 p.m. (EST) on

$630,000 school
"

for the purchase of

bonds./;

'

.

No.

works

Okla.
$10,000 water
bonds offered May 16—v.

171,

2042—were awarded to the

Billings,

Bond

p.

Sale—The

Small-Milburn Co., of Wichita, as

2%s.
was

The

highest bidder

second

First

.

State

Billings,

Bank,

for 3s.

Dewey Count ylndep. Sch. Dist*
No. 5 (TV O. Vict), Okla.
Bond Sale—The $53,000 build¬

•

ing

171,

bonds

10—v.
1934—were awarded to the

p.

.May

offered

Small-Milburn Co.,-oh Wichita, on
bid reflecting a net interest cost

a

of about 2.00%. -/,

^

.:

*

Grady County Dependent Sch. Dist.
No. 36 (P. O. Chic kasha), Okla.
Bond Sale—The $11,500 build¬
ing bonds, offered May 16—v. 171,

p.; -2042—were awarded to?'• the
First National Bank, of Chickasha,:
on a bid
reflecting a net interest
cost of about

1.93%".

*

^

>

Kiowa County Indep. Sch. Dist.
No.* 4- (TV O: Snyder), Okla.

Bond Sale—The $35,000 build-

.

mg bonds offered May 16—v. 171,
p. 1716
were awarded
to the

First

-

National

Bank,

100.10,

a
price of
about 1.66%.

of
a

in?orids
1961

are due. from
inclusive..
.

Snyder,

basis

of

to

1953

..

Bo"d Sale—The $120,000 build-

[ug,

repair^ and furniture
offered May 16—v.. 171, p.
were

awarded; to

bonds

2&42—
Na¬

City

the

.

City,

interest

on

cost

follows:

^0,000

a

bid reflecting a net
of
.

as

*J. 1956

l%s.

about

/*

,,

1.66%,

;

as

'/

'

*

:




:

;

..;

Wylie, District Secretary, will re¬ nomination $1,000. Due on June 1
until May, 22 for from 1951 to 1970 inclusive. Prin¬

ceive sealed bids

purchase of
bonds. '

school

$80,000

Sch.

Dormont

Bond Sale—The

(J-D) payable
Co., Provi¬
approved
by

cipal and interest

at the Industrial Trust

coupon

Dist.,

Pa.

$200,000 school

award¬
ed to Blair, Rollins & Co,, Inc.,
and Arthurs, Lestrange & Co., of
bonds offered May 15 were

Ore.

Legality

dence.

Hinckley,
Allen, Tillinghast
Wheeler, of Providence.

&

er,

Scott & Barber, of Minneapolis.

Highmore),

Hyde County (P. O.

Dakota

South

J.

Mc¬

Auditor,

will

Offering—Emma

Bond

County

Laughlin,

receive sealed bids until 2:30 p.m.

(CST)

county building

$50,000

June

Dated

bonds.

coupon

for the pur¬

31

May

on

of

chase

:

(P. O.

Ore.

Corvallis.

ville, City Recorder, will receive
sealed bids until ll'?30 a.m. (PST)
on
June 5 for the purchase of

$910.27.

$1,000,

Due

inclusive.

1960

by

proved

Imp., bonds.

Bancroft

Denomination

from

1951

Legality

Winfree,

Shuler & Sayre, of

except one

to
ap¬

McCulloch,

Portland.

County, County Sch.

Crook

(P.

O,

Prineville),

Dist.
Ore.

Sale—The

$560,000 school
bonds offered May T2*--v. 171, p.
Bond

Bond
par, a

awardedr^. the State

Commission,tdifcsga price of
basis of abogj; 23)5%; The

Bond

R. D. No. 3, Corapolis),
Pennsylvania
Sale—The $51,000 school

to

Due
1960 in¬

and

interest

171, p.
R.
C.
Schmertz & Co., of Pittsburgh, as
l%s, at a price of 101.13, a basis

bonds

offered

1832—were

-

May 9—v.
to

awarded

—

W. A. Byars,

Chairman of the County Board of

Directors, will receive sealed

bids

(EST) on May 29 for
the purchase of $450,000 hospital
coupon
bonds.
Dated
June
1,
of about 1.60%.
1950.
Denomination $1,000.
Due
Mount Penn, Pa.
on
June 1 from 1951 to 1969 in¬
Interest J-D.
Legality
Bond Offering—Harold A. Sny¬ clusive.
der, Borough Secretary, will re¬ approved by Sinkler, Gibbs &
ceive
sealed
bids until
8 p.m. Simons, of Charleston.
on June 1 for the purchase
$38,000 borough bonds.

until

(DST)
of

Pittsburgh,

Pa.

payable at

suitable bank or

any

designated by the
Legality approved by
Dorsey, Colman, Barker, Scott &
Barber, of Minneapolis.

trust

company

purchaser.

Rapid City, S. Dak.
Offering

Bond

R.

—

Lang,

R.

City Auditor, will receive sealed
bids until 8 p.m. (CST) on May 25

purchase of $250,000 cou¬

bonds, divided as follows:

Due

$150,000 water works bonds.
from

1

Jan.

on

1952

1970

to

inclusive.

from

1

Jan.

Due

bonds.

100,000 sewer

to

1952

on
1970 in-

Vv elusive.
1, 1950*
Denomina¬
Principal and interest
(J-J)
payable at any suitable
banking institution designated by
the purchaser. Legality approved
by Dorsey, Colman, Barker, Scott
& Barber, of Minneapolis.
Dated June

tion $1,000.

Independent

Tripp County, Lamro
Sch. Dist.

20

(P. O.

Winmer), S. Dak.
Offering — Mary

Bond

District

maker,

sealed

ceive

No.

Clerk,

bids

until

Shoe-*

will
2

re¬
p.m.

(CST) on May 31 for the purchase
of $144,000 building coupon bonds.
Dated June 1, 1950.
Denomina¬

Due on Dec. 1 from
1969 inclusive.
Principal

tion $1,000.
1951

to

(J-D) payable at any

and interest

suitable banking institution desig¬
nated by

the purchaser.

Legality

approved
by
Dorsey,
Colman,
Barker, Scott & Barber, of Minne¬
apolis.

:

Waubay, S. Dak.
— The $20,000
sani¬

Bond Sale

May

12—v.

system bonds offered
171, p. 1935—were
Co., of Sioux

awarded to Gefke &

Falls, as 2s.
The second highest
bidder was Kalman & Co., for 2s.

noon

Greenville,
Bond Offering

—

S.

C.

J. Kenneth

TENNESSEE
Blount

County

(P. O.

Maryville), Tenn.
— Geo.
D. Rob¬

Bond Offering

County Judge, will receive
until 2 p.m. (CST) on
5 for the purchase of $130,000 bridge bonds.
Dated June 1,
1950.
Denomination $1,000. Due
on June 1
from 1952 to 1976 in¬

erts,

sealed bids
June

will receive sealed
interest
(EST) on May clusive. Principal and
(J-D) oayable at the Bank of
31 for the purchase of $1,000,000
Maryville, or the Blount National
171, p.^1935—were awarded water works revenue,. Series. C

$5,520,000 Se¬
ries A 1950 bonds offered May 16
Bond

—v.

Principal

tary sewer

Chester), S. C.
Offering

1951

from

1

Jan.

clusive.

pon

SOUTH CAROLINA

Bond

on

1,

Denomination $1,000.

1950.

for the

Pittsburgh,

Offering—George Simer-r

1934—were

.

Due from 1953 to

inclusive;

■

Bond

tional Bank & Trust
Co., of Kan¬
sas

(DST) on May 24 for the pur¬
Twp. Sch.- Dist. (P. 0.
chase of $80,000
Washington), Pa.
school coupon
Bond
Dated June 1, 1950.
Offering — Garvin R. bonds.
De¬

.

for

No. 38 (P. O. Hominy), Okla.

p.m.

5

Bamberg, Ehrhardt Sch. Dist.
jointly, as l3/4s, at a
No. 22 (P. O. Bamberg), S. C.
Bond Offering—W. L. Van Loan,
price of 100.49, a basis of about
Bonds Sold—An issue of $22,District Clerk, will receive sealed 1.69%. Dated May 1, 1950.
Due
000 school bonds offered has been
bids until 7:30 p.m. (PDT) on May on Nov. 1 from 1951 to 1970 in¬
sold to G. H. Crawford & Co., of
29 for the purchase of $400,000 clusive.
Legality
approved
by
building
coupon
bonds.
Dated Burgwin, Churchill, Ruffin & Haz- Columbia, as 2%s. Dated April 1,
1950.
Denomination $1,000.
Due
June 2, 1950. Denomination $1,000:"
lett, of Pittsburgh.
on
Jan, 1 from 1954 to 1968 in¬
Due on Jan. 2 from 1952 to 1961
I *
Haxelton, Pa.
clusive.
Principal
and
interest
inclusive. Principal
and interest
Bond Offering—Florence West,
(J-J) payable at the Citizens &
(J-J)
payable
at
the County
Clerk, will receive sealed Southern National Bank, Colum¬
Treasurer's office, or at the fiscal City
bids until 8 p.m. (DST) on June 6 bia, or at the County Treasurer's
agency of the State in New York
for the purchase of $75,000 im¬ office.
Legality approved by
City, at the option of the purchas¬
Gibbs
&
Simons, of
er.
Legality approved by Winfree, provement coupon bonds. Dated Sinkler,
June 15, 1950. Denomination $1,- Charleston.
'
McCulloch, Shuler &. Sayre, of
000. Due on June 15 from 1951 to
Portland.
Charleston County School District
1965 inclusive. Legality approved
No. 10 (P. O. Charleston), S. C.
Columbia County $ch. Dist. No. 32 by Townsend, Elliott & Munson,
Bonds Sold—An issue of: $35,(T*. O. Delena), Ore.
of Philadelphia.
000 construction and equipment
\ Bond Offerings-La Vena Turn¬
•"! Lower Allen Township Sch. Dist.
bonds has been
sold to- G» H.
er,
District; Clerk, will receiveCrawford & Co., of Columbia, as
(P.O. 22 Hummel Avenue,
sealed bids until 8 p.m. (PDT) on f
Camp Hill), Pa.
l%s.
Dated April 1, 1950; De¬
May 22 for the purchase of $23,b Bond Sale—The $140,000 build¬ nomination $1,000.
Due on April
000 school bonds.. Dated June 1,
ing- bonds offered May 15—v. 171, 1 from 1952 to 1960 inclusive.
1950.
Due on Jancl from 1951 to
p. 1934—were awarded to DeHav- Principal and interest (A-O) pay¬
1970 inclusive.
Principal and in-v
en
& Townsend, Crouter & Bo- able at the Citizens & Southern
terest (J-J) payable at the Coun¬
dine, of Philadelphia, as l%s, at a National Bank Charleston, or at
ty Treasurer's office, or at the fis-i
price of 101.16, a basis of about the option of the holder, at the
cal agency in the State in New ;
1.63%. The second highest bidder office of the County Treasurer.
York City, at. the option of the
was Aspden, Robinson
& Co., for Legality approved by Sinkler,
purchaser. Legality approved by
l3/4s, at a price of 100.38.
Gibbs & Simmons, of Charleston.
Winfree,
McCulloch,
Shuler &
i
Moon Township School District
Sayre, of Portland,; VVV;
Chester County (P. O.
Corvallis),

610

$83,910.27

,

.Osage County indep. Sch. Dist.
:<

9

Box

OKLAHOMA

'

County Con. Scki' Diit.
(P. O. SOI Madison St.,

Benton

will

until

bids

Canton

the

Worthington Local Sch. Dist., Ohio $11,000 as 2s. Due on July 1 from
Bond Offering — Elizabeth L. [
7 1951 to 1961 inclusive.^.
4,000 as 2V4S.
Due on, July 1
Carter, Clerk of the Board of
from 1962 to 1965 inclusive,
Education,
will
receive
sealed

sealed

receive

Treasurer,

Town

moureux,

PENNSYLVANIA

Baker County
ap¬

ap¬

proved by Dorsey, Colman, Bark¬

.

Scioto

Drew,

May 31 for the purchase of $55,000 building coupon bonds. Dated

ton, as 2s, at a price of 100.70, a

♦>

J.

R.

—

City Auditor, will receive sealed
bids until
2:30 p.m.
(CST) on.

bank

I.

p. 2043—were awarded to
First National Bank, of Bos¬

basis of about 1.87%.

of School

Board

purchase of $1,000,000 school
bonds. Dated June 1, 1950.
June

the

171,

the

1

Commissioners, will receive sealed
bids until noon (EST) June 1 for

terest

May

No.

County Sch. Dist.

Chairman of the

$100,000 re¬

offered

Hawkins, of Greenville.
(P.O. Columbia), S. C.
Offering—Dr. J. H. Gibbes,

ISLAND

Falls,

In¬

Legality approved by

Bond

$4,000,000 general public improve¬
ment people bonds, as 1.70s.
370,000 equipment and limited
access highway bonds, as 1.70s.
1,000,000 callable sewage disposal
bonds, as l%s.
150,000 callable public parking
bonds, as iy2S.
RHODE

L.

Richland

1950.
Principal bidder was Harriman Ripley &
Co., Inc., for 2s, at a price of
Bond Sale — The $800,000 re¬ and interest payable at the County
Treasurer's
office,
or
at
the 100.65.
funding, Series B bonds ' Offered
fiscal agency of the State in New
West Greenwich (P. O. R. F. D.,
May 15 — v. 171, p. 1716"— were
awarded to the State Treasurer, York City, at the option of the
Washington), R. I.
purchaser.
Bond Offering — Cora M. Laas 194s, at a price of par.
—
Dated June

Astoria,

!

clusive.

OREGON

.

village

$6,200

Sale—The

Bond

i»-

Dated June

bonds.

nomination $1,000.

Deschutes

County,

syndicate composed of Phelps,
& Co., R. W. Pressprich &

a

Fenn

Valley

receive

9—v.

Richmond Local Sch. Dist.

Jefferson

Clowers,

Paoll,

1934—were awarded to Mc¬
Co., of Cleveland, as 2s,
price of 100.85, a* basis of

p

was

of about 1.83%.

15—v.

bonds offered May

works

highest bidder

Davis, and First National

Bank, Oklahoma City, jointly, on
a bid reflecting a net interest cost

Gilead, Ohio

Mt.

second

The

Evan L.

to

55

Sale—The

Cass,

Mayor,

bids until

11

a.m.

offered May 12—v.

Bank, of Maryville. Legality ap¬

proved by Chapman & Cutler, of

'

1935—Were

Chicago.

\

bonds

Clarksville, Tenn.
Offering

Bond

will receive

Revenue,

and

Fi¬

of

Commissioner

Marable,
nance

Hartwell

J.

—

(CST) on

sealed bids until 2 p.m.

14 for the purchase of $2,-

June

Co.,

171,

p.

of

interest cost of about 1.97%. The

bidder was Fidel¬

second highest

ity Bank & Trust Co., Knoxville,
on a bid reflecting a net interest
cost of about 1.98%.

000,000 bonds, divided as follows:
TEXAS

•.

Due on

$1,000,000 school bonds.

1,000,000 water
Due

1

June

on

bonds.

revenue

1952 to

from

1985 inclusive.

Legality approved by
Chapman & Cutler, of Chicago.

tion $1,000.

has

bonds

of Dallas,
as

jointly, at

a

$11,000

both

bonds

Sale—The $534,000

$150,000
municipal
building bonds.
Dated June 1, 1950.
Denomina¬
tion $1,000.
Due on Jan. 15 and
July 15 from 1951 to 1980 inclu¬

May 22 for the purchase of

^

Due on May

2y4s.

as

1951.

.

1,

"

.

Due on May 1

489,000 as 2y2s.

were

Baird

H

•

2.12%,

j
!«'! '■

■

«'

K
M

'

■

.

fj*
> '

fa

follows:

$164,000 public improvement
I1
1950 bonds, as 2y2s.
245,000 street bonds, (as 2s.
125,000 sewer bonds, as 2s.

rsL#

ill/

as

of

Bond

bonds

offered

May

bid reflecting a net interest

a

cost of about

$25,000

V'-

?

J

2s.

as

May

from

Due on May 1 from
Due

iy4s.

May

on

30,000

1

The

second

highest bidder

1963 to

from

'

Friona

was

May

2y4s.; Due on

the

at

or,

First & Merchants National Bank,

by Wood, King & Dawson, of
York City.

New

1

To

Texas

Bonds

Redeem

of

Co.

Trust

ceive bids up to

Sold—An issue of $225,-

will

cost of about 1.39%.

sold to the First of Texas Corp., of

ton

250,000 hospital bonds,

*':'i

V-"

>(?

11-

>■-'

-/

a

basis of about 1.89%.

s

•

l%s.

The second highest bidder was
Equitable Securities Corp, for 3s,
l%s and 2s, at a price of 100.25,

'

j,

pi

as

tric

Sale—The

system

revenue,

Series

bonds offered May 11—v.

■!'

03

price of 100.05,

ft-

i

1949

basis of about

a

bonds.

Needles, Tammen and Bergendorff,
of Kansas
City, Mo., and New York City, as
consulting engineers and to pre¬
with West Virginias proposed 200mile

Due

Sale

The

—

Due

sion Chairman.

10

on

Feb:

$200,000

10 from

100,000

as

from

The commission had

on

ls/4s.

1966

Due

on

sewer

June

on

1

for

the

on

June

clusive.

(J-D)

.

1

from

Bond

1965

DIVIDEND NOTICE

v

inclusive,

.

to

'

Dated May 10, 1950. Denomina¬

tion $1,000.

Principal and interest
(F-A) payable, at the Mercantile
National Bank, Dallas.
Legality
approved by Dumas, Huguenin &
Boothman, of Dallas.
y
<'

H.

U

.

f,#.

The
The

I

Board

of

Davison

Directors

Chemical

of

Cor¬

poration has declared a quar¬
terly
dividend of Thirty-

f

*«

and

seven

t

1
-f

•f

one-half

cents

share on its
capital stock, payable June
30, 1950, to stockholders of
($.37^41

record
ness

at

Per

payable

at

1965

16

the close of busi¬

June 9,

1950.

M. C. Roop,

Secretary

Baltimore 3, Md.

May 18, 1950

bid

Texas

Sold—An issue of $600,school house bonds has been

Bonds
sold

Co.,

to

of

Underwood,

Houston,

Neuhaus

&

and

Associates,
as 2y4s and 2s, at a price of par.
Dated March 15, 1950.
Legality
approved by Dumas, Huguenin &
Boothman, of Dallas.
Bonds

are

dated

The

May

1,

second

1950.

highest

Finance

reflecting

Bond

par.

was

1965

inclusive.

9t

C

i

\h-.
■A'

,V

Brattleboro

Sch.

Dist.,

Vt.

Bond Offering — The Board of
School Directors will receive seal¬

> i 1

Vfti

i*

1

from 1951

to

324

(P.

Bond

1,

Due

1961

on

inclu¬

Lines,

from

Peterborough, Ont.

*■-.

Sale — The $932,212 im¬
provement bonds offered April 24
awarded to Wood, Gundy &
Co., Gairdner & Co., both of To¬
ronto, and the Royal Bank of Canada, of Montreal, jointly, as 2%s,
3s and 3Y4s, at a price of 100.93,
were

Dec. 31 from 1950 to 1969

on

inclusive.

June 1 from 1951 to 1970

on

QUEBEC
Boucherville, Que.

Bond

,

Sale

awarded

were

The $43,500 im¬

—

offered May 9
the Dominion

bond

provement

to

Corp.,
price of 98.56,

Madison,

for

the

a.m.

as

Due on Nov. 1
1968 inclusive.

3M*s.

as

from

to

1961

May 1, 1950.

Commission, Que.

$160,000 school
May 10 were
C. Beaubien &j Co.,

Sale—The

Bond

offered

bonds

awarded to L.

Moptreal, and Wood, Gundy &
Co., of Toronto, jointly, at a price
of 98.48, a basis of about 3.17%
of

as

follows:

$45,500

to 1955

1951

1956 to 1965

from

1951

(CST)

on May
$275,000

of

follows:

on
June 1
to 1960 inclusive.

^$1,000. Principal

$87,000

Bond
1

offered

improvement bonds
5

were

awarded to

98.72, a

of

street
M

E. '

the P.

Montreal, a 3
basis of abou

Inc., of

tourneau,

.

Due on

3s.

$35,500 as

I960

from 1951 to

1970

from 1961 to

and interest

Legality

approved

Wis;

Offering—Henry

Village Clerk, will

sell

Sale

Dresen,
public

Apn

inclusive.

Que'

$397,500 im¬
offered 3

The

-

awarded to the

provincial Ltd., of
of

Credi

n

Montrea,

99.29, a basis

0

3.05%, as follows:

$102,500 as 23/4s.
from 1951 to

295,000 as

at

Johns,

provement bonds

price

inclusive.

April 1, 1950.
St.

were

April

Due on

51,500 as 3M>s.

Bond

by Chapman & Cutler, of
Chicago.

$20,000 school

r

Longueuil, Que.
Sale—The

Bond

from

sewer
bonds.
Due
on
June 1 from 1951' to
1960 in¬
clusive.

office.

June 1
inclusive.

1,1950.

Dated June

Dated

Due

100,000

urers

inclusive.

Due on

3s.

114,500 as

1

Due on June

2%s.

as

from

$175,000 street improvement
bonds.

School

Drummond Catholic

Wis.

purchase

bonds, divided

on Nov. 1
1960 inclusive.

1950 to

3.53%, as follows:

Offering—A. W. Bareis,
Clerk, will receive sealed

bids until 10

of Toronto, at
basis of about

Due

3s.

as

Dated

a

follows:

as

from

price

Interest J-D.

Bond

City

;

/

W.

a

Sank City,

12—v. 171, p.

1951 to 1970 inclusive.

Bond

Wis.. "

Robert

Commerce,

Toronto, as 2s, 23/4s and 3s, at a
price of 100.77. Due on May 15

May

was

Co., at

inclusive.

a

Canada, of Montreal, and

of

1950.

Due

price of 101.49.
Bonds are dated June
1, 1950.
Denomination
$1,000 and $500.

O.

[Vo Wi

Bank of

price of 101.90, a
about 1.79%. The second

Baird &

was

Sale—The

4

Corp., A.; E; Ames & Co., Wood
Gundy & Co., all of Toronto, Bank
Scotia, of Halifax, Royal

a

highest " bidder

Wash.

bonds offered May

$4,098,100 im.
provement bonds offered April 24
were awarded to a
syndicate com¬
posed of the Dominion Securities

Side—The $98,000 build¬

bonds offered

basis of

Spokane),

:

.. -

June

$1,000.

Milwaukee, at

The second highest

No.

Hamilton, Ont.
Sale—The

Bond

17 were
awarded to the Milwaukee
Co., of

District

r;


http://fraser.stlouisfed.org/ fe",/
Federal Reserve Bank of St. Louis

1

Bond

Spokane County, Fairfield School
District

D/tVISON CHEMICAL CftftfWMThHI

dated

are

(J-D) payable at the
City Treas-

to

10051'

inclusive,

&
price of 100.54.

(Village and Town),
ing

Marshall,

of To,

price of

ONTARIO

Shaughnessy
a

Kewaskum Joint Sch. Dist. No. 5

$83,000 school

Foster &

was

Spooner & Quarles, of Milwaukee.

11—v. 171, p.
1716—were awarded to the State
Finance Committee, as 2.40s, at a
bidder

Canada,

a

about

Due J

basis

a

a bid reflecting a net interest cost
Legality
approved
by
Dumas,
of about 2.44%.
Huguenin & Boothman, of Dallas.

1951

were

May 1 from 1951 to 1965

The second high¬

office. Legality approved
by

bonds offered May

price of

price of 100.57,

1, 1950. Denomina-

from

->•-

> 26

3.17%.

as

Principal and interest (J-D)
payable at the City Treasurer's

Chehalis), Wash.

Sale—The

a

bidder

June

25

School

of

3.53%,

Wis.

sive.

net interest cost

Conty Con.

No. 214 (P. O.

3% s, at

as

basis

a

24,000

Bonds

of about 1.60%.

Lewis

price of

a

Bank, of Chippewa Falls,

Denomination

in¬

on

sec¬

State

on

Due

VERMONT
THE

Committee,
a

ronto,

awarded to the First Na¬

were

1.58%.

bidder

$157,500

April

syndicate

a

Securities

Co., for l%s, at

County

about

offered

$19,500

tional

...

of

Bond Sale—The
bonds

$60,000 munici¬
building bonds • offered May

pal

Seattle, and Blyth & Co., of Port¬
land, jointly, on a bid reflecting a
cost

Crosse, at

Chippewa Falls,

—

interest

The

was

Bond Sale—The

interest

the

ALBERTA

a

Bond Sale—The $250,000 school
bonds offered May 16—v. 171,
p.
1935
were awarded to the Se¬
attle-First
National
Bank,
of

net

bidder

101.60.

King County, Lake Washington
School District No. 414 (P. O.
Seattle), Wash.;*

State

Snyder Con. Indep. Sch. Dist.,

000

highest

Bank of La

Tremper,
receive

and

Treasurer's office.

bonds.

V

•

basis of about 1.83%.

ond

of about 1.28%.

(PDT)
purchase of

Citizens"^,1^

Calgary School District,
Alta

Due

Sal e—The

$75,000 2%
school bonds offered May 16—v.
171, p. 2043 — wOre awarded to
Paine, Webber, Jackson & Curtis,
of Chicago, at a price of 101.63,

-

l

Bangor Union Free High
Seh. Dist., Wis,

■

■

a.m.

1952 to

Principal

Co.

WISCONSIN

•'f

June 1

$100,000 school bonds. Dated June
1, 1950. Denomination $1,000. Due

'

1962

will

sealed bids until 10:30

1956 to

Feb. 10 from

Treasurer,

Stearns &

Phelps* Inc., both
New York City.

of

inclusive.

Bond Offering—A. A.

Pal

3t

CANADA

with the investment bank¬

and Byrne and

est

County

previously
financing agree¬

a

ing firm of Bear,

June 1

1970

to

into

entered

Halsey,

on

X.

_

the Canadian Bank of

King County, Federal Way School
District No. 210 (P. O.
Seattle), Wash.

74,000 fire- stations, equipment
and sites, City Hall Imps., and
Due

Due

also

City, is engaged in a com¬
prehensive traffic survey relative
to the turnpike undertaking.

l%s, at

'

water works and

1V2S.

pavahi.

York

from 1951 to 1965 inclusive.

from
"

1961 inclusive."

electric system revenue, Series C

as

(J-D)

Rr
&

•

of Nova

a

to

Mr. Morton

that

price of 1.61%,

a

Farmprs
Farmers

on
i

inclusive""!.,. ici
it0tri

the engineering firm
of Coverdale & Colpitts, of New
stated

follows:

as

sewer

Feb.

on

Co., at

turnpike, it was announced
Holmes Morton, Commis¬

by D.

Va.

awarded

were

—

$200,000

92,000 fire
stations, equipment
and sites, City Hall Imp., and
water works and sewer bonds.

Sevierville, Tenn.
Bond

1935

the cost studies in connection

pare

Sale—The

Stuart &

and interest

of Howard,

firm

$300,000 water
bonds offered May 16—v. 171, p.

is¬

an

Virginia Turnpike Commis¬

West

The

—

1951 to 1955 inclusive.'

1.99%.
.

and

works

water

fund

hand for that purpose.

Staunton,

of $230,000, as follows:

171, p.

1935—were awarded to the Equit¬
able Securities Corp., as 2s, at a

now on

Bond

of Texas,

Dallas, is publicly offering

elec¬

sinking

1, 1974, sufficient to exhaust $45,062

*

$100,000

l3/4%

bonds, series A, due Sept.

revenue

$64,000 fire
stations,, equipment
and sites, City Hall Imp., and

Paris, Tenn.
Bond

Investment Co.

Authorized—The

Studies

1

1960

_

Imperial Bank of

Charleston), W. Va.
Cost

WASHINGTON

Publicly Offered

Bonds
Central

District

Sanitation

Roads

Commission

Plainview, Texas

sue

*

June 9,

on

ness

Antonio, as 2y4s and 2y2s, at a
Obion County (P. O. Union City),
price of par. Dated April 1, 1950.
Tennessee
Legality approvedJay Dumas, HuBond Sale—The $530,000 bonds guenin & Boothmanfkpf Dallas.
offered May 11—v. 171, p. 1616—
Longvieu), Texas
were awarded to the Harris Trust
Bonds Sold—An issue of $100,& Savings Bank, of Chicago, J. C.
000 Series 1950 bonds has been
Bradford & Co., of Nashville, and
sold to R. A. Underwood & Co.,
the First National Bank, of Mem¬
of Dallas, and Associates, as l3/4s,
phis, jointly, at a price of 100.06,
at a price of par, as follows:
a basis of about 1.88%, as follows:
$75,000 street improvement bonds.
$280,000 school bonds: $195,000 as
25,000 park bonds.
l%s, due on April 1 from
Dated March 1, 1950. Legality
1951
to
1963 inclusive, and
$85,000 as 2y4s, due on April approved by Dumas, Huguenin &
1 from 1964 to 1970 inclusive.
Boothman, of Dallas.

|i»

Commission

chase by it of an amount of Hamp¬

San

1;

Virginia Turnpike
(P. O.

West

the close of busi¬
1950 for the pur¬

000 school

in an

lrt1'

u

Sv? 01
en0mj
Junei Jna
.uune l|r

of

re¬

Clark, Landstreet & Kirkpatrick,
on a bid reflecting a net interest

house bonds has been

in,
to

sW^y

couonn

rl.._
Due

$1,000;

10*1
1951

2

L' 1950

nnnt,

.

Bankers

—

York

New

tinn
ti°n

/Form

$35,000

No.

June

22

Cochran, Murray & Co"1??
clough & Co., both of Tori
Tanner & Co., of
Calgary, and the

WEST VIRGINIA

ment

Hampton Roads Sanitation District
Commission, Va.

of

awarded to

Legality approved

of Richmond.

1964 inclusive.

Indep. Sch. Dist.,

Bonds

payable

(J-D)

County Treasurer's office,

1960 to 1962

22,000 as

the
at
option of the holder, at the

interest

Due on May 1
inclusive.

2y4s.

as

from

1965

to

Due on May 1

$48,000 as 2y4s.'

1, 1950. Denomination

Due on June 1 from 1951
inclusive.
Principal and

$1,000.

offered
171, p. 1935—were
Rauscher, Pierce &
1950 bonds

Co., of Dallas, at a price of par,
basis of about 2.15%, as follows:

inclusive.

1954 to 1958

to

the

for

Dated June

from 1951 to 1959 inclusive.

f

50,000 as

(EST) on June
purchase of $250,000
court house and jail coupon bonds.

a

follows:

as

15—v.

awarded

1951 to 1953 inclusive.

I

'.

1.36%,

a

on

improvement

Equitable Securities Corp.,

to the

13

sealed

bids until 10 a.m.

Co.,

County

of

receive

will

highest bidder

City, Texas
.Bond Sale—The $100,000 street

12—v. 171, p. 1832—were awarded
on

was Dittbid reflecting a

Board

the

of

Supervisors,

Colorado

Sale—The $75,000 bridge,

Issue

Second

Aldridge,

Bond Offering—H, L.

Clerk

net interest cost of about 3.08%.

County (P. O.
Fayetteville), Tenn.

t

&

mar

Floyd County (P. O. Floyd), Va.

interest cost of 3.04%. The

second

Lincoln

'

1)

net

a

4

sion has retained the engineering

&

Bosworth

••

.

-■
/

1

Sale—The

of Toledo, Braun,
Co.* Inc., and C. H. house bonds offered May 16 were
Little & Co., of Jackson, jointly, at awarded to McRoberts & Co., of
San Antonio, on a bid reflecting
a price of 100.13, a basis of about
ris & Co., Inc.,

'#•'•{
/•'
W' '

Sch. Dist., Texas
$140,000 school

Indep.

Bond

office.

2 p.m

provement

Dated

payable at the County Treasurer's

payable at the Bank of Graham.
Legality approved by Peck, Shaf¬
fer & Williams, of Cincinnati.

offered May

at

issue

an

Dated

bonds.

coupon

15

-Monday, May

..

auction

July 1, 1950. Denomination $1,000.
Due on July 1 from 1952 to 1970
inclusive.' Principal and interest

Principal and interest (J-J)

sive.

from 1952 to 1975 inclusive.

16—v. 171, p. 2043—
awarded to Stranahan, Har¬

Gil¬

W.

G.

lespie, Mayor, will receive sealed
bids until 7:30 p.m.
(EST) on

price of par,

follows:

Offering—J.

Bond

been

sold to the Dallas Union Trust Co.,

Knoxville, Tenn.
Bond

1950

school

000

and the First National Bank,

1, 1950. Denomina¬

Dated June

-

Bluefield, Va.

Albany Indep. Sch. Dist., Texas
Bonds Sold—An issue of $500,-

clusive.

k

■

building

1985 in¬

June 1 from 1952 to

awarded to the State

1716_were

Finance Committee, as- l%s, atj is
purchase of $1,025,000
The second highest
school coupon bonds. Dated May 1, price of par.
1950. ' Denomination $1,000.
Due bidder was Bank of Fairfield, for
2s, at a price of 100.05.
on May-1 from 1952 to 1970 inclu¬
sive. Principal and interest (M-N)
Yakima County, Granger Sch. Dist.
payable
at the , First
National No. 204 (P. O. Yakima), Wash.
Bank,
of' Boston. Legality ap¬
Bond Offering — C. S. Cole,
proved
by Ropes, Gray,
Best,
County
Treasurer, will receive
Coolidge & Rugg, of Boston. /
sealed bids until 10 a.m. (PST) on
June 8 for the purchase of $68,000
VIRGINIA
for the

25

M.

Jack

to

(DST) on May

ed bids until 1 p.m.

Nashville, and
John Nuveen & Co., of Chicago,
as
2s, on a bid reflecting a net

&

Bass

awarded

Commercial and Financial Chronicle

The

v;;' -.r

from

3s.

1957

Dated June

{

Due on
1956

•

inclusive-

Due on
•
to 1969 wclu

1, 1950.

^