The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
■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% *83% . 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"% 30% .15 15% 32 28,000 :.// 27% • ' ,, ■ 5,200 ' . 15 9'A :/ 5% 50 83/a 29% 83 • 6% 12 14% 10% ; 600 6,500 104% 27% 28 15% ' 8,100 V 39% 39% 8% *27 24,800 «. • 29 *104 27% 10'% 12% | 43 68% 32% • . 32% 33 108 108 7% 400 10,400 . 2,000 ! 200 110 26% "107 "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 *91 18% 18% *18% 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 *70% 18%' 19 V* 34% 27'A 27% *107 107 *40% 27% 108 *70% 72 , — 20 * 27% *107 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'% *76% : 108% 34% / 4% 25% 19% 108'/4 i 108'A 4% ■ 138% *137 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% -900 21 7 < 35 Ve 20% 3% 21% •124% > ■ 7«/a 124 29% 20% 17%,: '17% T - 123% 124 29 V2 29% , V . '23% 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 & IS'/a 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% *18% /. 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% *53 „ 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% *28% •24% 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% *37% 37% 37% 37% *11 11% 11 Va 11% 11% 11% 10 10 Va 10 Ye 10 Va JO V .: <• - 24% 900 38 „ 15,100 28% 800 35,900 16% 17% 73% 73 73% 37% 37 Ve 37% .11% 11% 12 VB 5,300 10 6,500 16% . ■ 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% ' •17,A ' l,7Va *103% • . 104 *37% •104 38% : , ;i3Va ,»72Va "73Va Tharsday May 18 t per 9 per share < 101% 14'A ♦134-' i-V: ;/•> - < 580 «1,900 • Sales fat Friday , the Week .> I per shore /Shares May 19 . »61 27% . 27% ♦27% share •. .104 t 27V»: 27 Va V. 14Ve 73% io4 .136 16 V# ^ : 102 * • 13 *100% 73 Va V'{ 27% : / 14% / ■ 104% 4. •• r 27% 135 •i«V»' 27 Va- * 240' " *6i • V *30%' •30%" 31 »A 4 8Va V;' V •2T»A./27V4 *97' 98 22% : 22% ' i ; , v' *28% • * 95 ; -•32% < ' ; ».28%-, -29l - *4 il4% ^ •14%''." 107% V ; : *97 % -.22% * V28%v 2S%h:. ;i4% - ;.u ^ 33ki; ..327% ■ 32% 20 V*.. 15. 35' 27% , ' -15 ** 8% *61 ' 3I%- 32 v.'.'A. 18%'v : 87 Va 35% - V < .•87 Vr 89 Va .* 21% 21% ■We llVa ir%-/Ti%'-.7. 89% Xi 28%/.28% > ' ' •88 Va 47%. ",*fe7>-.- 427% 20% 20% 357/B il • / :M ■- * 21% -.v.32% -32% '-'46% <; > • -< " v *96% 97 9797 96% .97 107Va;: ' ,>*1071A 107%.^,-, /'*107% 107%f 107% 'lOVar 10% t " "nO ' 10>A 10Vb1 - - 96% 10 Vb /:^17%';,'Y7%:-V7:tlT%.:n7%.*7/ ^ 29% Rubber-^..No par Norwich Rharmacal Co J—:—-260 A- iOftSA? -29% •' 29% • ^)Q7/-_ V 297/a .; »8Va^ '*•' 35% -i 35% V ?* 11 21% < lLVa ' 1% , *14%' * / 1% 1%-';"1%"'' IVa ;l4Va 107% :10V*> 14 V* 17 V*: 29 , ' v-l% iuv* V 9Q%£a>1t 29% 29% I Va 1%". 14 V*' '■V 34% 34%. -34% 109" V 109%' *109% •• - 10-V* .. V '107% 22 • <, / 29 -V './m% v. -i%/;; ^ *14 V* 114%-/;- " 28,000 * 23,200 V-280j Zc'220 / 5,500 1 s 3,400 860 M 1% *"■' l14 14 -» 40 / 107% f 28% i -i . 11% ' 17. ' 417y*i • /■ V ' ' ,17,11)0^ 166,300 'MQVb' VlOVa1 * ,<17% A 17 Va " ' 28% \29Vi ,, 14 Vb 14 V* * f700 ' • •96%-'- 96% r.' 107% 10 Vb* * 29% 11%-^' : ?<■ ' *96%--97-M lt)7%;. • 17 V* OQ14 i'V ; • 14%' 97V* / 107 Va 10%:' 1.000 '•* 11,900'., > 20% ; 20%' -/ • 22,200 15V>15%^' h • 30,100:: *87% sr 21% :'Ml%"< -190 . - 47Ye* *26% C 27.%k' J' ■"Ml %''•"'12 300 — - - •/-. 35%:-. 35% , .« 22 Va 21% f • . 88- "■ 88%: « < 3,800 "1,100 101%-102% - > -45 V*-- 46">- -4-'V; 6.800 /^>:;''44^.-»MM4%7/;^->Aiiigodi^ 20% 20% 15 c '.15% < *87 Va. A 88:/" 7,900 >140 47,600 96 - 1 1,500 89% 95% 27Vs ■X .rl5 »•??.. 15% 35% v -'ii4''f *: 14% , 2,200 9.7%' 23%f ' '89% "" ■"yi 32%. 32 V*i r;v:,47%/ 47.%' : : < t/1 28% V 28%', /V' ,-:V45Cs;i4 45% • 23% A 4- 90 . ' 2,600 • V 18'A; '97.'5 ,,, *101%102% 4 ? 26% : 27»A: / ' 97 ? 35%-> : ll.yy 22%. ,27 Y-i < 9595% .44% M5 / 1,400 7; 700 >.7-130 8% '• *32 Ve < fjkr.mVs ' i4 23%: 23%-K--- " 90JA 20 % . 11%. 11% • 27'/a 97 i : 102%* 102Va -A if. 21%• ' i ' 240. V. 1. 18Vb '94%- * 94% 27'/4t> '--v 88 /f35% it21% r 21% 97 Va 23 V*. ,32%' .32 Va! 20%T, /r20%, on v_ 20%. ;i5% .15% :7rf A 4,500 40,800. ' 62%' y. J*220 4 8%8% < "i'i Jl4*'y"v*14%";' ,15V»..• ... 35 - fl . ',28Mi/'i 28%r V oni/J 87%' 35 '; ,.• 27 nnK/ V20V4 OVa 15 Va 88 A ; *87'<V j,' 27 Vb « 40; 10,300 ,< 30 Yi '2,900 138 Va' '637 ' *220- >, -235 i 27% 1 , 22% . 7 V» 7 . 4 18 •; V,: 27; ;97'A 97% 22% • . .--•32:; 46% ; 46% *26% 18 ; - . ; : <3,200 - 107% *136% • ;V 138 137 32 31% \ 32 < -jr. "89Va- "89%-""", *88Va- 90% > *94% 957 94%' 95-.W * 101% 101 % ;/101% 101% ■* "43% "44'/a44'%*' • 45% V: , 33 97% 22% ' 28'A" 28% ■\ "• -:44 Va ' </14'/* -14% ■' 3'% , , / 6f15%;>19% v 800 ^J5%:-/15%/ ; «oi to • ; -»*u 32 Va' Vi*3L' ':-v ^32-*3i ■* 32V2 r-r-liO- 235 8% A I 27 'v 27 Vs 27%'4 .. 973.4 22%"" , 4 • 102.,,' 102% : *44- » 27 , ' 73 Va .v.; 728% y -*94%. , ■■3I%";V^2fe7 is ■ -•89%'-00% r 72 Va 1 •' 4 ' ».*• ' "" 8Yx 8% > V ; ' 8% |*1P»U18% • 68 VB • 26 Va i14?8 :.<106107 J : 16V, / : 62% *220 - . 14Vs r- v v 137 . l:h93i;> 61%ft£62 ^ ; -V; 107 V; 16% XJ- X ':t;l'<*60:■"tXVi7.X;Z 8% 13,100 ;< Zt i 102 • 27% 28% > ' 14% . •136 4 4 16 Va' • 28 Va 28 4 v<:i4% k. -105.% 104% 135 .16 V# % • • :*8% /;',,130 V/*-13%->l 3%'" 13% •72%. 72% 700 102 "6B, 40 . •' .12% -13 , f. 13% . 38% 102 • 68 < 2,800 900 ; 105 38% ' <c 17 Vs M7 1C2 < i:"- 67% .67 Va 72% ... 103 *• 10% *103Va 38" V 12% -■ 13%1 14; 27 Va 28 ., " ^i2tf ^35 y;; *102 12% - 17^4 37%' ,'102 V 12%. 67 10% v •103% 105 ' 38% v ' ill / i7%- 17% 105 101%4102 • 11 v, * 28, '♦134 . -16% ^ 62 ■ 102 ■ • "♦32%1^33%:^;r*;"32'' 4 *38 - •-*'13^': 44^ '. , 136% .,16% 37% ■' -27%; '27% ' .13%; . 137/s ♦103 % 104% 17% 102 '/ *72% 11 Vs •103Va ^66 V 66% y "13% '■ 14 ■;•■■ :5 •72%: 73% * .27"%' ,27% v ■; ,.*100Va ' . 17% 101%'101% '■.:■ 12% .'.12'/,:.' ;;;:^D5)i"vq5%L, 13% X 10%. > 104v 37% i 12%: ,12% *100% 102; , 17% . ; 38% 13 Va, ,10% 104 101% 6sy»;, 65% ; 10% i 104 *37% v •101% 102% i 12% "112% ♦100%. 102 J / & . •28 5,600 ft 37% 10% ;50 1 ft 24% 37'A * Northwestern Telegraph «» 14 25V4 — ; 3,800 *24% I per share y • S 9 % Apr: 24 16% Apr 24 3,100 25* 24% . v.<22% Apr 10 s--Northern Pacific Ry1——100 t #: Norihern States PwrCo (Mlnn)— V 10% Jan <; 3". 13 r- Mar 22 / «2 Common —;par .93V. Feb: .2 ■t 97% May 10 ;$360-preferred—L—No par <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 ■ *153 8% 20% 184 37 • 1 ; par 153' 152% 8% 20% 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% *98 Vb 9'A *152% 8Va 20'A 24% * 433/8 184 11,900 9'A 9% 22 21% *98 Va 43% 184 i 44% 99' 22 98 43'A 184 *152% 8%< 20 % 21% x98 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% •; .York -Central_t._——No psr /Common 37 15VB 453/B 21% 15% 153% r/l4%:May l5 - 78% Jan Feb, Apr 64 • • -4». 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 y& vJan-y». .-TOO Feb 1» 21 %.Jan i%% /■< 24V« Max • —; ; 27% . 363A 217b 15% 21% 153/« *45 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% *€• * 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 General of 3s 1st 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 Refunding 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 (Un) Friday Week'# Last Range of Prices Shares a24Vs a24% __ 73 6Ve __ 6% 17c 10.500 3 a8 a7% alO% alOVo a8 78 10% 105 Feb 11 Va 11% 360 6J/a 6V2 100 52% 52% 135 a45 % a45% a 15% Apr Jan Jan 9% Apr Mar 131/4 Feb Jan 11% Apr 41/2 Feb 71/2 May 47% Feb 35% 25 33V3C 9 Ve 10% 80 al5% a45 Va 5 5% Jan '551/2 May 47% Apr a__ a._ (Un) 37 37 518 11% 12% 2,050 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 , Apr:: 37 12% 1 (Un) v." — • (Un) i Feb 25 27c May 10 a Apr 105 Va Mar Feb 16c <Un)_. 100 com Jan 5% Mar 10% Jan 24 1,592 17c 6% 7% 104 Feb 41 a_.. a50% a51% a51 Ve 15 Jan 7% 2 u . 38% Jan 14V* Mar 30% 3.25 Apr Jan i Apr :vv; I 5 65 02% 65 525 ♦ 17 Va 16% 17»/a 1,695 Apr 17 Va May •: 2% 16Ve 16 Ve 290 13% Mar 161/2 May j i • Corp 21% 21% 164 21 Apr 23 13 Mar 17 Jan 6 Jan (Un) common Co Sullivan (Un) v 15% May for Week Sale Price 38 39 < ... 5 RR Corp Bunker Hill & Sales 25 __ a Jan 33% May 2 Borg-Warner Philadelphia-Baltimore Slock Exchange alO'AalO'/a all4% all3% all4'/a 13 (Un) (Un) Steel Co 110 P10 (Un) Boeing Airplane Co Cap Budd 60 all % all % 2.50 Co, Corp (Un) Appliances Holdings Borden a38Va a38'/a __ 100 Bishop Oil Co Blair 33% 20 Aviation Eendix 85'/a May 69% Petroleum Barnsdall Jan Jan Baltimore Jan 56 282 1 Locomotive Bandini Apr Apr 73% 300 85'/a 13 10 11% 2,900 11% Mfg Corp common Baldwin 161% May 305 (Un)__* Engine Mining Jan 25 5 Diesel Wedge 146% 16% May 80% (Un) Imperial Big 255 2.184 13% 53% May 25 (Un)___5 common Avco 16% Mar 20 (111) Atok Apr 91% Co Top & Santa Fe Corp Atlas May Feb & Armour 55% 1,637 £ 79 Va 50 A Jan 16% 158% 161% 161% * class 4V2 Mar * (Un) Co Natural Gas Apr 14 (Un) com common Archer-Daniels-Midland 15'% May 14% Corp Copper Mining (Un) Anglo Calif Natl Bank Atlas 100 400 Woolen Co Jan 12 16% (Un)..* (Un) 3% 55% • Anaconda Apr 15% 6'% Viscose American Apr 13% 83% • American Jan 12 5 ___ Inc American Apr 400 6 % __ • Bankshares 28% 18'% 91% 91 % _ Youngstown Sheet & Tube 4'/a Apr 15% .. __ Jan 27% 19 % 35 Va 1 — 3% 100 74% to CO 12% - Jan 3,750 18 % — 5 - 13% 50 4'/a 28 High a48 10 Co American 50% May 17% May 16% 3% 28 . 1 - 42'/a Mar 2,660 31% 4 7 - Feb 13% 1 fUni Mining & Amer Jan 11% 200 Lew a47% Apr 50 _ Gold Airlines May 5 _ Juneau American May 33 % 13% Range Since J»nu»ty 1 High a47% 1 * (Un) American 69% May 14% Feb 34% Co American 15% Mar 69% ___5 13% Reduction American 13% Mar 1,042 9 Low 5 common Corp Alaska 35 Va May 2.930 • _ Co Machine 13 % Jan 2,850 2 Willys-Overland Motors (Un) Yates-Amer 1.000 26% 13% _ dlv preferred Wisconsin 56% Admiral 8% Mar 37'% • Inc 950 Jan 13% (Un) Wieboldt Stores Shares Par Abbott Laboratories Apr 13% _ Air__ Corp. Pictures Motor 35 Va 55% 13% 7% 1,550 32% --5 Western Inc 8% 21 % 36 % common Westinghouse for Week ol Prices Feb 12'% Jan 13 % Co without Bros Range Sale Price 24 % May May Sales Week's East 28'% May 37% Carbon & Lines Steel Warner 35 18% Jan .1 United Light & Rys Co ex rights. United Paramount Theatres com U 8% Jan 14 _ Salle Carbide United 8% _ ; Axle La Air 12% 25% 635 Exchange Friday nta— _ & San Francisco Slock High --25 _ ; United 11 461 —.5 (The) South 100 18 —25 Corp Union Tool _ _ Transcontinental 208 170 11% 17% _ (The) Co 23% 11% — _ Timken-Detroit Trane 23% 1 deposit. Co Thor 28 Va • _ of 28 ---J. _ Internauoniw Ctfs _ (Un) Co 28% —5 Products Machine Runray Oil Low 1 — (Un) Corp 1!l Range Since January 1 High _._1 'Ud ) Corp Corp Low _10 com 8prtnc Stewart-Warner Corp Stone MAY STOCKS (Ohio) Aluminum ENDED for Week of Price# Par Standard WEEK FOR Sales Last Sale Price Standard EXCHANGES STOCK OTHER 37 Byron Jackson Co Mar v; ' Par ■ > • American Store# American Tel Low & Tel • Baldwin Locomotive Works 5% 1st 1% May 3% Apr 9% May 15% Jan Power 17% 16% 17% 336 12% Jan 68 % 70'/a 1,303 62% Jan 6% 95 - IIIIII 24% 23'A 24'A Light com... -.13'% 22% 21% 23 ' Corp ft • Electric Storage Battery.. Fidelity &, Deposit C0___i.__.-_ of/ America class. A- 39% -10 Lehigh'Coal ft Navigation. 25 May Jan 21% Apr 35% Apr 40% 754 67 123 ' 180 2 Power & 80% 7% 86% 63% 7% 7% •41% Jan Preferred Cities Jan 15% 7% Corp - Jan Jan 17'A May % May 30 . . 10 .11 % 1.843 10% Feb 25% 26% 4,167 21% Jan Class preference 16% 17% 3,641 16% Jan 18% Mar 12 11% -10 48 - 49% 27%. _• 27 . 115 41% 35% -34 493 33 Va May Fuel Oil 4,572 23% Jan ?*% ?s% 330 24% Jan United 47% 476 32% Mar 54 Gas 25% 1,238 23% Mar 26% Natural 28% 28 Va 28% 178 27% May 30% Ffeb 21 20% 21 Va 624 20% 22% Apr 92% 92% 94 Va 395 43 43 GIVe G3% Gas 61% , 1 Westmoreland Inc Westmoreland 4 1 13 % Improvement™. Coal Continental 3% 10 Feb 42% Apr 55% Jan 1,030 3% Jan 26% Jan 20 Va 20 Va 19 19 30 75 27 - 4 % * 32 Va - Baltimore Curtis Transit Co ——1975 Di • 45 Va 46 $12,000 41% 51 12,000 44% - Jan 50 Va 1975. Jan . STOCKS • ...• S" ' / r f- Friday /"•Last y •-' •: '•., Sale Price far 54 •.. Range preferred Mfg Arkansas Natural Gas C« eomipon. ' • 6% preferred Gas Lone Steel —,~ High S. . . Mackintosh-Hemphill .... Fuel Supply., -10 " » Pittsburgh Ttrewlng Co— convertible Pittsburgh Pitts Font du '. >. •" ' 4 ' —- .. .. ... Westinghouse 13% 22 Va 27% 20% 27% 27% footnotes *j 50 3 'A 1,215 600 Jan , : .10% Mar 15% Mar ''.14% -Apr 14% Feb 16% May 11% Jan 17% Feb 23 Jan Apr Mar 8% Mar 3Va " 39 -10 3% 39 ' 2,880 175 38% 424 .'.7% 65 7% 1 Brake——-5-, 40% 7% s_i • —12% 23% 7% 125 23% 23% 20 26% 25% 26% 1,214 35 34% 35 Va 430 lew Feb 100 < 41 y2 I" 33% ll7/e .15% 250 7 Ve 7»/4 12% 1 21 Jan 32Va Mar •+ - 43 % -- Jan 19 Va Apr 4% -Jan. 34% Mar 27% May 10% May 3'A Jan 24% May 6% Feb f 32 V« 35% Jan Jan Jan 0% Mar 7% May 18% Jan 4 .Mar 42% Apr 40% May 8% Kodak 33% 35 • i. Jan I ;4% May ; 14V4.Jan 45Va 'Apr Jan '• "T7Va May • Jan 1 7% Apr j : / 14 12% May Go & Power 20 Jan || ' 15 531 ll Va 699 (Unlsi-i..^.---* 33 ——15 70 20 586 33% 70% 70% 79 Va " 79% * , 79 Va flr>,l>%... r-a20 ———■-£* 40 Va —.1 General Electric Co General Foods • ( : General 620 Va (Un) y\ v' f 2-.i: Golden 4% & 49T« 66 599 Co Ltd common State Goodrich (B F) Co common .. ' • 41V4 14 May Va: 28 50 Jan • Jan •>* Jan ■> 11%-Apr 37% Feb 1,820' 67. V* 67 Va y (Un). - 37% Feb r. 28 y# Apr 09% 5 Jkn .12% Jan 75 65 Great Nor Ry non-cum pfd (Un) Greyhound Corp Bros Hale Stores ' '* Honolulu Plantation Hudson Motor i. -• 37 10 10% ; : I 14 14 67 / 18 Ve 18'/e Co.—^-r— Jan •- > a__ -r---; I - 44% Jan r-54% Apr 2% l%*Apr - I Feb 37 May 43'A 1.300 10 "Apr 11 Va Jan 14 May 16% | Feb Feb 236 ■ 1 19% May 16% Mar 1,507 16 72% 2.30 15%. 16 > •» , • 100 369 1.60 49 5,453 76 Va 2.30 1 800 1.80. . r 2.15 13% Feb V. ■ 2.00 Mar Jan i Jan ! 76V2 May 2.30 May Feb ■V . 11% 118 (Uri) 1 Independent Exploration —-——33 %c Int'l Nickel of Canada (Un)i__l—4 international Tel & Tel com (Un)—* 1.65 -1.75 1,470 | 17Ve May Jan 12% Apr 1.65 May .2.05 Tan 9% 1 < ' 11% Inc ■ 510 ______—_2—-6% Foods Hunt ... ' 1.80 12% Car Co V 18 Va 73 a__ — 200 14% ♦ 1 • Pineapple Co Ltd Development Co—___—y Com ,10% 2 137 210* 52% 2 • -3 • Inc— Hawaiian Oil 52% 52% May 50% Mar. 86% May 14 V4 Jan n Feb 21% a86% a88% 29% Feb • 49% 223 13 Va 22% Mar . 71 Ve • •240 127/e 12% 26-% Mar-: >> 325 11. Va. 11% .27 Tire & Rubber (Un)^ • Graham-Paige Motors '< Un)—1 ■ .•.••42% Jan .■•'r^5%r-Apr-*v A'>i--tfJfc/Feb-:.: 1,893 a39% a40 Va Goodyear Apr Feb 23% Mar • Jan 85 85% 80%- ~ioo preferred Jan -,.21% Mar l 1,823 49% a50% a51Va ♦ 12% Mar..,-. 37% Mar 25 a28 49% , —25 Co_._— - • 5%'. ifrt'-. -6 :w General Paint Corp common— McEean 10 1,700 Va. ir' a27%. '5%^- < Gillette Safety Razor common.—. Gladldng 48% -46.1/4 Mar ■18% ' 621% a21 >/a' — Corp.. Jan 1 * Corp common (Un). Motors 70% May 41% ' 36 Ve May Jan 79Va May 75 . Jan 72 58Va Jan 342 • 16% Mar , 61 Ve 1,620 40% I 1 . •..v*16%-.'(AprA 726 >a20 X |. . Jan Apr 268 11' 41Va al9% Jan IVIay 3Va Jan 29% " 9% ; 69 970 , ,a46%fl47% -a47% _• (Un).——5 '.105.Va May 8 11% Jan 32 V2 70% 35% May 6% Mar 3% ... , - ;:'-.7Va Jan '70 * ■- Jan 995 3% ———* Light 102 V4 ; 15 10 43 15 Va 15 15 (Un) 3,104 Jan 9% 15 common 27% a6% h6% —* —.1 .—. Work# 35% 164% 104% A com__5 :. Co. Bond & Share Co | i Jan 7% Mar 24% May Idaho Maryland Mines Corp 24% Mar 27% Feb 1XL 30% 35 Va Apr Johns-Manville Jan ' Jan 33% May I Jan *>*10%. Jan 6% -' 43 -Feb 11% May 630 ■ Apr 30% a— .?»'• >T«»r 425 12% (Tin)-—1 j 27% -.95 • j Mar May i 40 ... 300 a46Va a47% ' 15% 15% a47% .—^.1 v 1.677 11% (Un)__,15: > 100 32 :— 32 16% , 245 45/e •:-™4% ' 14 Ve ■ • Mar 12% 60 Jan '17% May ; j .A 32 .. 245' .'17 . j I Jan .... 50 165 14 Ye 41 41 . 1.33% Mining Co Corp p2 - * (Un) 43. 15%-j4 or 95 . . . 317/e ...2225 Honolulu : 34% Feb '■> Feb 24 4,400 5'/a 4% 3'A 24 Va 24 12 25% 26 10% - Apr 11% Feb 34 May V11% Mar 20% . 101 39 pege 24 195 27% preferred™1— -.25 see - % 11% May 132 v -- 10% 24 % *14 > 649 27 3 Westinghouse Electric Corp For 16 13% 10'A May 40 77% Jan 95 f 'I .1% May 16% al0% 33% Foster Holly Spring. Air 15 Apr A7" : & Bolt Corp Steel : Jan 10% 153 Feb 1% May 32% Mar 100 • 21% 20 .: 11%' 22 „ Pittsburgh Steel Foundry common. Standard . Machinery & Ch?m Corp com__10 & Kleiser com.. —2% Food i _=.• a j Jan 325 31% d« Nemoun, <E I> Dorado Oil Florida ■ Rananltnc# Ian vary 1 ; Low High 50 14 22% —5 Glass*__/_J£>I__. Plate Screw 16 10 Va 13% 3 • al6% : 3,729 15% al5% 14 Ve * | 9% May i\x alGVa a!6% • 270 •14% -14'% .2% Common 42.50 . —1 Fireprooflng Corp. '.■•./ -10 : —5 McKinney Mfg :7 » 11* 11'A . 11'A -5 -ll — ' 34 11 ' 14 —1 corn- Star Gas National- ■ • 33'A 10»/« •»» .14%: -10 Corp Manufacturing Co. Mountain " ;—4— Fort-Pitt Brewing :— "Harbison Walker Refractories Joy • ™~-- System. Duquesne Brewing v-~ Folldnsbee 33% ♦ ■Ho ______— Co ',KkiW-Knox -"Ccluplt)fa a al6%: A__* class Inc Emporium Oapwell Do Corp Ltd capital Share#.» i 33 —.——-5 Chemical Co common— Dow Mar tor Week - of Price# f 27 33 1% 25 cap : Eureka .Sale# * Low • Steel—_— Ludlum 68% 70 a75% a79% a79% lf9« (Un)_ (Un)—— Dominguez Oil Field# 49% May ' Allegheny 71% May: 69 Ve a35% a35% Gicrgio Fruit Corp class $3 Feb Pittsburgh Stock Exchange ' . 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. ^