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MONDAY ISSUE | £ER|OD|CALR<- ;t QZERAL Ua«AfiV UN,v. oFu"r > Reg. U. S. Pat. Office Number 4911 171 Volume New York, N. Y., Monday, May 29, 1950 Price 75 Cents a Copy General Corporation and Investment News RAILROAD PUBLIC UTILITY - INDUSTRIAL - INSURANCE - MISCELLANEOUS - Alden's Inc.—Special Offering—A special offering of 11,000 shares of common stock (par $5) was made on the New York Stock Exchange on May 25 at $19.37^ per share (with a dealer's commission of 50 cents per share) \ by Goldman Sachs & Co. The offering was completed in 15 minutes.—V. 169, p. 2093.'C. ; - ; f i; ' T i 1 j Co. ! > 31^ Guar. End;. March Income — 1950. Power Commission 186,663 income Prov.'for Federal taxes portion, 1940 Federal df $735,157 -''r-' r !, --------—* on ' 208,339.' $101,532 7 - Income an Refund, VV 1948 > $943,496 *$1,814,831 . V;* v« ■ taxes— »' ' '■■■■ 42,000 • * ' $237,438 ' 105,000.t-i--J 7" '• 13,500 J • r Loss gain or ♦Does not dates * $693,157 security on '•* JDrl08,682 $1,502;588 f.; ,1^2,073,29171^7,612,457 $231,939. / . San Francisco Stock acquisition of such bonds by this corporation. tSales of,? securities, other than Missouri pacific RR. 5 Va % convertible bonds due 1939, resulted in a net profit for $1,343,355. The sale of the Missouri Pacific bonds due in 1949, which were purchased in 1929 shortly after the organization of Alleghany Corp. and which has been Carried on Alleghany's books at their original cost ofpar and above, resulted in a book loss of $8,955,812.—V. 171, p. 1881. ' /: : - r , . ' 1 Allied Electric Products, Inc., Irvington, N. Y.—Regis¬ ters With Securities and Exchange Commission— The SEC corporation covering par on May 160,000 common 25 units shares, and The units, to consist of 1 be offered for sale at $7.50 offered at filed of registration a $6 20,000 preferred unit; per statement convertible par common shares and and Va common $4.50 shares, stock is to ;* be materials, and for additional inventory, and for other corporate Aluminium Limited Year Ended (& 1949 j. Net _ profit dends and Earnings '—V. for p. after year preferred minority interest share per 145, the (& Subs.)—Earnings— Jan. 1 to „ of sales, selling, admin, expenses, etc.Depreciation Provision for Federal taxes Net 94,419 income on * Jan. I to Apr. 2, '50 Mar. 27, '49 $7,335,459 $6.9«XMWB 6,278,143 5,822^293 sales common $569,151 $030 $0.49 share •Including subsidiary, Arma Corp., from March 18, 1949, and com¬ bined with consolidated statement of its ■Jan. l, 1949 predecessor, Amra Corp., from to March 18, 1949. tBased on 1,090,914 shares of com¬ mon stock jn 1950 period (on 1,105,322 in 1949) and after dividend requirements on 20,281 shares of preferred stock in 1950 (against •21,889 shares).—V. 171, p. 1665. by amendment. writer.—V. 169, Year Ended Dec. 31— (& Subs.)—Earnings— operating revenues «Wlt before income taxes Provision for income taxes Net *7«erred *542,340 454,623 tll3,739 - 131,226 ; dividends per common •Loss, tlncome As JuSV0mpany Nil Co.; ic Unt11 &fter « Py'Hand of may P l"8l was Peabody about & that the banking Co. and shares Alex. $D 17 at offered $15 per to its share. Brown be offered by & employees 31,892 No record date (May 15> 1950) the in company's created stock general whole then primarily carry on or additional in part, shares subscribed for 19501 purposes of the to the discharge outstanding indebtedness, which to subsidiaries provide of the their respective businesses.—V. 171, stock number Co. $2 all The to SEC sale by received American over is named are the as selling to be the of the stock¬ supplied principal purchased by the Any stabilization may not be excess of subscribed 19,030) under-' common total be issuer in connection with purchases by American stocks filed. Sale outstanding shares to of of the additional shares Washington Water Power Co. held by. stockholders of American; and (c) required for American's tax and other not of $16,139,212— issuance the of by Court a Utility The immediately order Internal only the tax cost will be will taxable as reduce if excess, as their capital cease a holding . that the cost the of cash amount the Natural will will increase i gain. filed petition a Power & with Light Co. 1949 over by Washington of reason stock." and said Such . Pacific latter sale was Washington Commission 171, p. 1781. a (Power & Light Co.) sale by American of separate made also earlier requests this no holding longer Pacific's year. hearing a . —— 1950 ——^ —V. 171, p. 1665. American Water Refunding, etc.— John Marion Ware, Chairman Water Co., within $400,000 of the new a next 4% Works Co., 1949 $41,573,026 $39,631,090 Inc.—Subsidiaries Plan V and President, on April 19 announced wholly-owned subsidiary, contemplated the month of $1,250,000 preferred stock (par of new 2%% bonds 644,356 $11,423,792 : — 45,831 to be used Mr. to pay for construction program. Ware also disclosed that Pennsylvania State Water Corp., an¬ wholly-owned subsidiary, planned to replace its 19,102 shares of preferred stock, no par value, with a lower dividend other He added that several other preferred issues $7 and $6 dividend rates and that the these issues as rapidly as issue. of subsidiary companies parent plans to refund possible. Mr. for the sale of Birmingham Water Birmingham, Ala., were still in progress. a total of 17 subsidiary companies Issued and sold investors, $15,325,500 of bonds and $2,925,000 of $6,396,734 $4,484,748 3,044,855 2,768,050 to common —— stock— outstanding — the 3,044,855 common 10% through an shares now outstanding WeWant Offerings for Retail Distribution Edward D.Jones Established (which offering of additional shares under rights to common stockholders last December) the earnings were to $2.io and $1.47 equal per share, respectively. On stock actually outstanding at March 31, 1949, earnings for the earlier period had the equaled increase pipe line $1.62 a common & Co. 1871 3M North 4th St., St. Louis 2, Missouri ' Members Hew York Stock share. in earnings has resulted primarily from subsidiary, Michigan-Wisconsin Pipe Line to preferred 523,252 Balance applicable Common shares of and $100), to be $8,369,089 3,361,08.9 substantial that issu¬ placed privately with institutions, the net proceeds to be used to refund $700,000 out¬ standing first mortgage 3% % bonds, series A, due 1963, and $441,500 of 7% preferred stock (par $100), and the remainder of the proceeds Institutional $6,647,503 1,721,586 $5,008,000 The its upon American Stores Co.—April Sales Increased 4.9%— Month of April— Sales $10,779,436 taxes.— — $6,442,565 operation . respect to The by forthwith either (a) dis¬ all of the shares of the capital as company exists, common Ware added that negotiations Works Co. to the City of 4,981,227 on the . with company carry Consolidated net income— Dividends on preferred stock of company increased stock received so ... $66,551,047 $52,655,950 55,771,611 46,008,447 income Based This Holding Company— be to provisions Act. application with ruling from the a tax of any, the Company the receipt of to the effect Revenue the Holding filing of Washington P. S. Commission has seeking "an order requiring American to under after two stockholders and of Pub'.ic months! of or (b) offering for sale and selling at competitive bidding, all of said shares of said capital stock of Washington now held by American." The petition contends that "whatever legitimate advantage from the standpoint of the public interest might have been served by temporarily allowing American to continue in existence $7 — deductions immediate . During 1949, income Other income Gross as its stabiliz¬ 1950 revenues Operating Income stock¬ 3,425,462 shares. 12 Months Ended March 31— and by principally for additional subsidiaries, for which separate CONSOLIDATED INCOME ACCOUNT expenses (at by American Light Co., pro rata, immediate distribution of Washington Water Power Co. tributing to American's stockholders stock of Washington now held by American, ance for of other shares exceed 5% of the shares being offered. The proceeds of the stock sale will be used in for derived & Co.—Rights to Stockholders— as a of Asked to Cease with shares certain of May on made was of value. outstanding for SEC common cash about Commissioner statement par an dissolution pending receipt of provide proceeds petition.—V. (not in Glore, Sons. for the Juae corporate & not investments were to be applied, funds to will headed group Employees— applied the <5omn«n investment April on he -f to moi1 stock (Par dividend Financing preferred Kidder, comPany of Co. of Illinois—Plans It is expected an of rata, 11(e) so as practicable after the registration statement becomes and prior to any offering to stockholders, the company to invite sealed written proposals for the purchase of such ing activities. Operating Operating Pining to file a registration statement the issuance of 160,000 shares of prior Stock Offered wab $217 is storl * _covering toth °u Par value). For»Qe p, lic through san & order cash Capital Distribution require The 52,065 124,965 refund.—V. 171, p. 1781. American Investment the soon effective, $323,397 26.032 124,965 share— tax -45 May 18 made application to the SEC for authoriza¬ sell an additional 380,607 shares of Its common to common stockholders of record on or about June 21. Is to be made at the rate of one additional share for each eight shares then held. The subscription price is to be deter¬ mined later. A registration statement covering the offering is ex¬ pected to be filed during the coming week. the *$428,601 paid iw1011 shares outstanding. •earnings registration 1769. p. applications will profit court $16,125,000 stock company Section may stock (no par) The offering may have been 1948 $11,361,822 $13,331,713 - a petition its the of Co.—Registers With SEC— filed underwriting terms Reynolds holders, plus such 1949 Total 19 and 24 applied to the SEC for approval of a $16,139,211.79 in cash to its stockholders,* being $6.89 a share, and approximately the proceeds of the company's sal** of. the common stock of Pacific Power & Light Co. The proposed distribution will be made promptly after approval of the application by the SEC and The company on tion to issue and shares of the Inc. May American Natural Gas proposes American Buslines on company and are being registered holders The offering price and 416.800 $566,597 per The 91,759 396,300 income TEarnings company Ogle interest in Pacific Power stockholders of American; ...(b) common forthwith SEC covering 426,000 shares of common stock, These shares are a part of the 859,920 * Cost such the capital distribution ;45 American Metal Products liquidation New ,* " apply to petition, filed by Morris L. Forer, of Wolf, Solis-Cohen, Philadelphia attorneys for the peti¬ The $734 to . 27,329,642 $7.25 —. ; pro rata, to the common stockholders of American. The Goldman, Sachs' petition also Urges that, to the extent the Commission deems, "it necessary in an application to the Court to incorporate, a proposal of stockholders in the form of a 'plan,' "'the Commission "order an immediate hearing upon the 'Plan for distri¬ bution of the assets of American Power & Light Co. to the holders ot its common stock and for its dissolution,'" submitted by Ogle on April 25, 1950. SEC 2999. the the . 27,006,181 ^mission e enforcing compliance with directing obligations, 1948 The Net order an rori'i, j American. that sale of common the 11 Reserve Banks ■ Sachs' and of American, pro distribution of divi¬ - American Bosch Corp. to $199,406,294 $208,645,06$ 20,339,704 19,699,389 Provision for income taxes behalf of Goldman, from the Condition Statement of Member Banks of Federal Reserve System —45 Subs.)—Earnings— Dec. 31— Sales Ogle, another, stockholder, distribution 51 Dividends Declared and Payable use. motion Lane Plans Foreign Exchange Rates Combined Condition Statement of Federal ■ New York, Gerstley,-Sunstein & Co. of others, holders of in excess of 100,000 shares1 of the American Power & Light Co., have filed a petition with the SEC in which they Join in the petition of Block, Schorr tioners,, urges 40 Offerings— ■ of appropriate court for order of August, 1942, i—39 Clearings 44 Redemption Calls and Sinking Fund Notices.45 equipment, construction ■? costs and to purchase additional machinery and equipment working capital to carry increased -payrolls and and H. ————38 The Course of Bank . feet and stock an The General Corporation & Investment News.Cover State and City Bond to per share. The underwriting commission is;to be $1.25 and $0.75 respectively. Hill, Thompson & Co., Inc., of New York, the underwriter, is to sell the securities on a "best efforts" basis. The company manufactures Cathode-Ray Tubes and other electric equipment. It plans to use the proceeds of the stock sale to pay accounts payable for machinery, raw and Miscellaneous Features $1 are common reply on the and value). par common the with preferred ($1 J authorized cubic Light Co.—Liquidation Sought-^ on Stock and Bond Averages (Dow, Jones)—,._33 National Quotation Industrial Stock Averages.33 v present American..... No action has been taken Toronto Stock Exchange—Curb Section.. 42 Over-the-counter Markets l—j—43 Transactions New York Stock Exchange 34 Transactions New York Curb Exchange 34 » its billion Goldman, Sachs -& Co*,- of Philadelphia . ^Montreal Curb Exchange— .^ Toronto Stock Exchange. _!———„ billion , Exchange.-!—!———37 Montreal Stock Exchange- bonds on periods prior to,' 110.6 56.5 American Power & Philadelphia-Baltimore Stock Exchange-!!—37 Pittsburgh Stock Exchange—! _——!—- .37 • Crl39,145 include $1,854,168 received in 1948 as interest in reorganization, applicable to companies of -: •;' ■ transactions of railroad $95,'732 Page ——!——_36 /* v • '• ----- _!__—.•■■■■ ------!'-'»7,Cr8,051 tfet income "• 1 Boston Stock Exchangei.—. 34'* Cincinnati Stock Exchange.34 ^Detroit Stock Exchange. !_1——— ——34 ■Los Angeles Stock Exchange!--!—!-35 :THdwest Stock Exchange !—! - ' 4" .' * V $451,047 213,6(0 . *■'$1,607,588 i'> +" 5,800 , s.1 - New York Stock Exchange (Stocks)13 tNew York Stock Exchange (Bonds) 25 New York Curb Exchange_._______ _____29 ; '' •*' ,1947 207,243 ■ >• • increase to delivery capacity > annually. Hearings on the application recently have been 'concluded and the company hopes i for an early decision. The requested increase in capacity is occasioned by the large increase In load demands in the service territory.—V. 171, p. 2093." ' .• "• Quotations ** ... ' to from and Bond ~ ••".1949 • $288,200 * v —— Expenses Net '. * (Including Terminal Shares, Inc.) earnings attributable to pipe line operation are reflected partially in the increase recorded for the 12 months ended 31. 1950, however, as the pipe line did not begin delivering gas until the end of October, 1949. Michigan-Wisconsin has an application pending before the Federal In This Issue , Alleghany Corp.—Earnings—* •;; -7;,*;,: The only March Exchange MMwwt Stock Exchange Chlcagw Board of Trade * York Curb Exchange (Associate) Phone CEntral Bell 7600 Teletvoo SL 593 . t The Commercial and Financial Chronicle GIVING CAPITALIZATION cumulative profit - , income ♦Net _ Earnings 843,962 $1.04 share per provision for depreciation, 170, p. 2221. •After —V. Dick - E. — • tEorns. t p. American Air¬ Interest in Bendix 1950 before Profit for Prov. Net profit —-—— ——- dividends Common shares share—-i-..-— Earnings per common —V. — — — Earnings per ing ferred $2,040,773 $0.69 Under the holders tial 1950. close of business June of this is its accelerate to it is or common will sales Cost of - sold Net stock of 1948 stock.—V. 171, p. 1666. (net) deductions income Federal Foreign $1,491,346 442,518 - taxes and income of Reading, Hazleton, Pa.)— (St. Joseph Hospital, Pa. Ziegler Co., & Hospital, Hazleton, Pa., Bond Stores, valued —V. 171, 1561 p. sales Cost of Net —V. 2,621,952 sales operations on expense (less other income) 3,090.817 $165,296 99,824 $1,370,658 374,254 taxes on income- —_ , Oper. 128,447 $265,120 income on 5,294 loss net $97,963 ™_™ - $867,956 106.406 $923,719 106,406 $0.42 $0.40 $0.43 share The April 5, 1950 common offering the stock The of As snares. fZni bonds Topeka, Kan.—Bonds Of¬ May 8 publicly offered at par bonds Stores, Inc.—Stock 11, from common stock for Incr., Etc. increase the authorized shares to facilitate the Stores, Inc. of 1.75 shares of each share of Hale Bros, shares. the Hale Bros, stockholders approved the offer on May 17. of 15.— i , at least 139, p. 80% of the outstanding. Hale Bros, shares by 2747. Bromptun i'ulp & Paper Co., Ltd.—EarningsQuarter Ended •Net ivi x ^ 31— operating prolix 1950 , 1949 $395,303 $254,945 1943 $356,049 *Affcer all cirrges, inciUuing provision for depreciation, depletion and income taxes.—V. 171, p. 190. $80,740 $1,073,816 $895,706 Drl21 and a part of the bonds authoried supplemental indenture of mort¬ div. company bonds itself now without derived from the by the company. 1 PROCEEDS—The purpose of $1,072,100 $80,619 26,626 339,466 324,868 $89,244 $53,993 $575,813 :>; 157,102 $418,711 13,092 13,032 $732,634 157,102 $76,152 i - $40,901 $575,532 $0.06 $0.88 share com. per of certain ).12 associated properties sold April 21, 1949. the gas revenues and expenses FINANCING—The stockholders on 3 in 3, i voted to 1950, W. C. Langley & Co. and Hemphill, Noyes,. Graham, Parsons & proceeds of this financing, $1,000,000 was -used short-term bank borrowings and the balance will be used Of » * the construction requirements operations.—V. 171, p. 1833. templated /able from 1950 Century Electric discts. & freight sales 1949 1950 $3,649,207 169,108 $3,584,311 $3,343,511 2,653,659 240,800 for mature redemption as follows: and $1,330,900 $173,500 during 406,863 4'J^.247 426.80 $282,989 15,683 $1>lbb'l1Q 21,119 $404,186 profit Operating of income Total 1950; $298,672 $1,186,537 2,726,755 371,928 Loss on $381,416 _4_„ — income Interest 18,227 expense disposal of depreciable assets Provision for Net inventory reserve—^-on income (est.) profit Dividends (Number of 171, p. shares 1355. _8.25l 22.209 211,739 68,000 17,000 $26,572 67,416 outstanding™. 1*1. 16,133 11,511 12,324 183,801 50,000 R71 53.932 paid Earnings per share —V. 21,152 $108,708 etc. Provision for taxes , . 201,000 Miscellaneous deductions Depreciation, 369,843 22,770 of products sold Selling, gen. and adminis. expenses- Other lor and above casn $3,480,099 i sales Returns and allow., Net over > to r®Pa{ Co.—Earnings— 3 Months Ended March 31— Gross part, bonds of Series Five $89,300 during 1951, $136,700 during 1952, $827,000 during 1953 and $104,400 during 1954. The holders of Series Four and Five bonds, may at their option, exchange such bonds at maturity or upon call for bonds of either Series Six (4% five-year bonds) or Series Seven (5% ten-year bonds) with accrued interest to date of exchange and without payment of commission or other during the time that said Series Six expense and Series Seven bonds are being offered for sale by the company. The management of the company contemplates exercising its privilege under the indenture by calling in advance of maturity a part, if not all, of said outstanding Series Five bonds. The company also is contemplating improvements to its facilities and deems it advisable to refinance at this time the large amount of bonds maturing in 1953. which authorize issu. / provide funds to redeem, upon maturity or upon call, such of the company presently outstanding as may not be redeemed from other sources of the company. At Dec. 31, 1949, there were outstanding $4,900 of bonds of Series Four which had matured but had not been presented $0.64 operations to .the company (exclusive of accrued dividends and expenses of were $802,400. At the same time, the company sold $2,000,000 of i first mortgage 27/s% bonds, series F, to be due May 1, 1980, anc* g proceeds to the company (exclusive of accrued interest and expen of issue) were $2,038,600. On both the bonds and preferre" st , ' competitive bids were received. The first mortgage 2 /a /» nreI series F, were purchased by Halsey, Stuart & Co. Inc. The p ferred stock, $100 par value, 4.75% dividend series was .purchasea " Cost the bonds is, May with the the issuance and sale of 8,000 shares of a new series of PreIcr* " stock, $100 par value, designated as preferred stock, $100 par vaiu , 4.75% dividend series. These shares have been sold and the proceea * time the issuance of $900,681 28,597 - requirem'ts—_ •Includes except under certain cir¬ by the company are being sold the intervention of underwriters and sale thereof are to be received and one offered any 4,975 Drl,716 \ to *■ vf ,!aX'hange offer wiU be conditioned on acceptance initially by holdt '-s The at Mos.—'*1949 $6,452,453 5,556,747 outstanding Six and Seven) together with the amount offered shall not exceed .in the aggregate amount Five, wholly-owned 1950—12 D/-156 .1 income Earns, hereunder outstanding proceeds retained was made May 15 and expires June 15, 1950. 31, Hale Bros, had outstanding 291,300 no par common Assuming, the exchange offer would be accepted by all the 17,< Hale Bros, owned beneficially 195,348 common shares of Broadway Department Stores. The proposed acquisition would combine the operations of the two companies which for the ye®r ended Jan. 31 had sales totaling in excess of $88,000,000. June all offer March Four, the by . constitute amended the cumstances. common the deed issued $5,000,000 , March common of The and voted to 1,650,000 offered now of trust dated May 15, 1947. As provided in said aggregate amount of Capper certificates heretofore by Arthur Capper and now outstanding (Series One) and the heretofore issued by the company and presently outstanding and indenture, $286,695 rS| Broadway Department Stores would be required to issue 509,775 As April 1,200,000 to stockholders of Hale Bros. to company's stock. on Inc., a $6,834,613 5,760,797 income income (net) Balance (other than Admiral Corp., Publications, Inc., be .issued under to 170, p. 1491. Department stockholders Service Corp.—Earnings— $117,841 bonds. (Series Broadway The $3.22 $117,997 taxes™ Int. & other deducs. (net) $2,000,000 of series six five-year first mortgage 4% bonds and $2,000,000 of series seven 10-year first mortgage 5% : issued •Of Canadian subsidiary.—V. 600,000 $3.04 1950—Month—• 1949 $564,462" '$525,195 446,465 444,455 oper. Non-oper. Net fered—The corporation on 21,575 > & exps. Net 132,880 171, p. 1458. gage .Consolidated $2,125,946 600,000 " $1.54 491. p. Operating revenues $1,484,547 427,947 , Net loss before taxes •Estimated share per 170, $2,006,196 600,000 $1.40 Period End. April 30— were Capper . 1,108,762 $92,669 . 885,725 $7,361 85,308 service expense and $1,016,265 600,000 outstanding (Including Connecticut Valley Electric Co., Subsidiary) 1949 '$4,034,283 $922,339 profit shs. Central Vermont Public , 1950 $3,500,316 . sales loss Other ; (& Subs.)—Earnings— ._™ (& Subs.)-r-Earnings— , 1950—6 Mos.—1949 $46,275,301 / 3,435,285 1,309,339 1950—3 Mos.—1949 $23,286,830 $21,889,700 $48,670,563 Profit before inc. taxes 1,469,816 1,651,553 3,205,394 Federal and State taxes 547,477 ;• 635,288 1,199,198 sales™™™™.. —V. originally offered. The parent as owner of 134,925 shares, or 70.33% of the outstanding issue, subscribed and paid for 67,467 shares. ™i.™ Administrative, Central Soya Co., Inc. Period End. Feb. 28— Net Earnings recently given the opportunity to subscribe on or before May 12, 1950, for 28,458 additional shares of common stock (par $1) at $5 per share (in U. S. funds) on the basis of one share for each two shares held. Any unsubscribed shares were purchased by Admiral Corp. No fractional shares were issued. The above mentioned 28,458 shares were part of a total of 95,925 1950—4 Mos.—1949 $8,809,724 $22,790,766 $28,170,084 outstanding decision has yet been reached.—V. shares — 4% % $2,000,000 Com. $912,663 106,406 — — stockholders of record The 1950—Month—1949 Three Months Ended March 31— Net given to the possibility of refunding the cumulative preferred stock, although no 171, p. 2095. r been has study Pfd. . Bowser, Inc. The tentative financing Canadian Admiral Corp., Ltd.—Rights— at $2,409,791. $6,605,470 — financing program over 195C-52 schedule calls for the sale of $3,500,000 part of its overall $19,500,000 as 1951 and $6,000,000 of mortgage bonds in 1952. The 1952 financing, however, may be advanced in whole'or part to 1&51 if market conditions are favorable. Mr. Acker also disclosed that some • parent), Inc.—April Sales 25% Lower— Period End. April 30— Gales' Corp.—Financing Plans preferred stock in —V. 171, p. 750. Bend, West 1950 profits excess common per , ' period dividends Preferred Net income Wis., on May 22 publicly offered $1,050,000 of 21/2% to 3 Mi % first mortgage serial bonds, due serially from April 1, 1951 to April 1, 1965, at a price of 100 or 101, according to maturity. These bonds will be secured by a direct first mortgage on St. Joseph C. B. ■ " Offered— City,-Kansas.' City, 165, period. 156, p. 1323. 136,164 income for Kansas President, last month announced that the company plans to sell between $7,000,000 and $10,000,000 of first mortgage bonds in St. Francis Net in transmitter by the company for its office and auxiliary studios space for its main studio and transmitter in the E. R. Acker, 9,826,816 > 9,650,925 42,981 44,698 10,351,682 62,283 a - income and studio main while Central Hudson Gas & Electric 1949 1948 $25,176,728 $23,320,380 $22,626,145 13,271,418 12,079,924 11,445,974 — - —- goods in San Francisco 1950 taxes Bonds V. Ale, Inc.—Earnings— ' Advertising, selling, distributing and gen. and admin. exps._——___ 1 Income Order of Sisters of the Third Bernardine v does and make real progress in its to continue to develop proven become interested."—V. may the -company is located at Topeka, Kansas by Capper Publications, Inc., is located in There is a circulation branch office in Minne¬ approximately 22,500 square feet of floor space. The company a general commercial and job printing business.^—V. 171, p. 1258; p. 3048. /'' , - ' has par (Including Wholly-Owned Subsidiary Companies) Net • of 1948, the option of terminate on June 20, stock stock program intends also company Book is also published by Caoner Recipe : v.; Six Mos. Ended March 31— each share of the $4 preferred time such preferred $4 into 171, holds several thousands of acres of freehold and promising areas in Alberta as well as 20,000 acres leases .in Saskatchewan, and additional funds are essen¬ The newspaper Kansas, is owned by the company. (3) The main Capper-Harman-Slocum, Inc. are located in Cleveland, Ohio, company occupies approximately 15,690 square feet of floor space in a leased six-story building of reinforced stone and concerte construction. (4) Capper Printing Co., Inc., occupies l'/2 floors in the three-story stone and brick building located in Topeka, Kansas. This building is owned by Capper Publications, Inc., and in which in weekly feature a the Net 1950. 5, be converted into 4.275 shares of common may it if efforts./ May convert Prior to of production. sources Canada Dry Ginger terms to past plan) of company k record at the the of owned Kansas. its leased, where ;v".7-.: changing on main , offices $4 Pre¬ 23 took action to call for redemption on June 30, 1950, all of the outstanding cumulative preferred stock, $4 dividend series of 1948, at the redemption price of $102 per share flat. The final dividend of $1 per share on this preferred stock for the quarterly dividend period ending June 30, 1950, has been declared and will be paid by check in the usual manner on that date to holders of the leases freehold areas on (1) ODem'ti^ p auon the principal Kansas drilled, or participated in the drilling, of five 18 months, in only one of which commercial has company new of Stock— directors The is Change Capitalization vote will 19 Kansas Farmer; Searchlight plant plant City, has and 3,000,000 during Crown 171, p. 1457. Beneficial Industrial Loan Corp.—To Redeem the . 1949 -—$3,563,685 —$1.69 June on Kansas, The space occupied production has been encountered," he stated. /'Failures must be expected in drilling in unproven areas, but it remains the company's intention to continue to explore with the hope of eventually discover¬ "The 1950 share common "The _ the and' Inc plants of subsidiaries are: (1) Topeka Broadcasthv Association, Inc., at Topeka, Kansas; (2) The KCKN Broadcasting Co. has its business office and auxiliary studios in Kansas City, Mo., The Watt, President wells Corp.—Earnings— Quarter Ended March 31— Net income after all charges —V. ' ,/ " 171, p. 101. Bendix Aviation of E. G. 196,815 1,279,480 511,792 $9.01 188,338 2,558,960 1,023,584 $5.12 paid paid outstanding Common $4,806,961 $5,433,178 —— ™ __ $ 190,459,992 192,199,438 8,693,178 7,876,961 3,260,000 3,070,000 ™— taxes income dividends Preferred taxes—u* income Federal L-i —— - 1949 $ sales Net for new construction.—V. and Minn.' Advertising branch offices are located Chicago, 111., and New York City. apolis, shares of common stock from $1 per share to no par value; (2) on approving a proposal to reduce the paid-up capital of the company from $2,252,766 to $968,339 by transferring $1*284,427 to profit and loss account so as to wipe out a deficit of that amount as at May 31, 1949; and (3) on increasing the authorized number of common shares from 3,000,000 to 5,000,000. /■;, The purpose of the proposed changes is to put the company in a ; better position to take prompt advantage of opportunities which may present themselves to place further monies in the treasury, said Subs.)—Earnings— Beatrice Foods Co. (& pay engraving, and publishes five periodicals at its owns for main Calif.; Pacific Co. of Cali¬ ;:'•■■■< stockholders value Year Ended Feb. 28— be used to Calmont Oils Ltd. (Canada)—To The below.—V. 171, p. 1882. Sunray Oil Corp. to : aWe business of Capper Publications Kansas. These consist of a national farm paper, Capper's farm paper for Missouri, Missouri Ruralist- a Stat* Household Kansas Co.; proceeds are 2094; p. Consolidation— Barnsdall Oil Co.—Terms of See The or State a paper The Stock Offered William R* Staats shares of common the following: were necessary Publications, Inc. Walston, California 1,000000 . Hoffman & Goodwin; A. G. Becker & Co. Inc.; Lester • & Co.; Crowell, Weedon & Co.; Hill Richards & Co.; Boettcher & Co.; Bosworth, Sullivan & Co., Inc.; Peters, Writer & Christensen, Inc.; Garrett-Bromfield & Co., and Wesley Hall & Co. below.—V. 171, p. 2094. Airways, Inc., American Pan See offering this in Associated uo herein offered. commercial printing, in company Topeka, The ,. on fornia; Manufacturing Corp.—Sells Pan Inc. Holdings — Buys Stock Home Appliances, Inc. 260,000 - , May 23 publicly offered 180,000 stock (par $1) at $8,621/2 per share. Co. First Avco • of underwriters headed by —A group ^ sold, if it should be deemed sale are engaged Another 102. ways, • , $1,000,000 Capper's Weekly; and a daily and Sunday newspaper, The Topeka Capital. The company also owns and publishes a woman's magazine, The Household Magazine, which is printed by an outside printer under contract. $1.51 California Electric Power Co.—Common through 1946, A portion will also be used to pay off the remaining balance of the corporation's secured bank loan and shortterm bank loan. The balance will be added to working capital. The company is a leading manufacturer of heavy-duty trucks.—V. 170, value)™—™- par Daily <=1,228,264 487,392 260,000 ' 3 7SSRnn ($10 radio stations. farm 260,000 $1.72 $4.55 non-recurring income of $101,089, or 39 cents per com¬ tAfter preferred dividend requirements.—V. 171, p. 555. ' share. a The <312,977 160,096 260,000 " $0.57 sh.___ com. per •Includes mon 1942 years profit afted taxes— shs. outstanding- Com. concluded negotiations with the Reconstruction Finance Corp. $3,000,000 long-term loan, according to an an¬ nouncement on May 19 by E. F. Coogan, President. A special meeting of preferred and common stockholders has been called for July 21 at which stockholders will be asked to approve the increase in the company's indebtedness. The proceeds of this loan will be used in part to pay tne final assessment for additional Federal and State income taxes for the has for a company ' . that of publishing newspapers and magazines whirh eomhined circulation of more than 4,655,000 subscribers t? Farmer; 1950—3 Mos.—1949 1950—9 Mos.—1949 $5,729,542 $5,498,047 $16,148,914 $18,227,981 ! sales Net Pa.—RFC. Loan— Autocar Co., Ardmore, (ten-year) of Series Four for is also of (& Subs.)—Earnings— (E. L.) Bruce Co. Period End. March 31— ••"u.yuo (five-year) bonds i,:' , subsidiaries is have bonds in V. 171, p. 2094. Net The bonds 5% the entire amount sell its in With SEC— 4% VII bonds to & Hutler Bros. *4>900 •iTwianft „ . 2 7n stock offered 1,250,000 Walter Stokes & Co.— 100,000 Thomas & Co.™—__— 200,000 Salomon 1,250,000 200,000 1,250,000 Newton & Co M. Otis & Co below.—V. 171, p. 2093. Utilities, Inc., $2,500,000 Merle-Smith- & **.450 — BUSINESS—The principal Halsey, Stuart & Co. Inc. ™ — VI Out^c,,*. (five-year) state what amount, if any, of Capoer rerun,. x and Series Five will be outstanding when and if the $4,000,000 of bonds Series Six and Series Seven now uS' offered, are sold as it is contemplated that all the certificate*„«§ all of Series Four will be redeemed In 1950 and a very larse j of bonds Series Five will be redeemed before all the bonds here? Pressprich & Co._$l,250,000 W. FINANCNQ is impossible to •It or underwriters R. PRESENT bonds (ten^year) 5'/2% mortgage series May 19: on See offering of Light Co.—Registers Power & Arkansas See Middle South offered 1947 $2,483,214 843,962 843,962 421,981 $1.63 $2.17 $o.88 interest and Federal income taxes. 1948 $1,833,469 1949 $1,381,370 1950 $874,867 31— of common shares.- No. - 29 —-i.• mortgage Capital share-for-share basis. on -a TO —__ V series First bonds ■ mortgage First named below have the company has agreed respective amounts set forth below, an aggregate of $8,000,000 principal amount of first mortgage bonds, 3% series due 1980 which were Co.—Earnings— Anaconda Wire & Cable 3 Mos. End. Mar. 1960, 1, XV series by the Underwriters—The 1042. First severally agreed to purchase, and to sell to them severally, in the V. 171, tLoss. Federal income taxes. including t$14,242 $-2,106 — -— - charges all ♦After July to Ended March 31— 3 Months ♦Net series 1986). (see V. 171, p. will be taken up Series I- Capper Certificates First mortgage 5% The 7,207 unsubscribed shares underwriters, headed by Blyth & Co., Inc., and F. S. Moseley & Co. The new preferred stock is convertible into common stock prior 22 EFFECT Authorized-. 186,341 shares offered, were subscribed for under its offering to common shareholders, which expired on May Corp.—Earnings— American Writing Paper p. company on surplus.—V. 171, p. 2093. tal Co.—Stock Subscriptions—The May 24 announced that 179,134 shares of 5% preferred stock (par $40), or 96% of the Gas Union Brooklyn related expenses, was used stocks, thus reducing < by $99,000 the annual interest and dividend requirements on that amount of borrowed funds, before related expenses of refunding The remaining funds were used to pay temporary loans made for construc¬ tion purposes or will be used for further property additions. Con¬ currently with such financing, the company increased its equity in cer¬ tain subsidiaries by $2,500,000 either by additional investments or by converting outstanding advances and notes into common stock or capi¬ the proceeds, after payment of to retire $5,100,000 of bonds and preferred Part of stocks " Monday, May ... (2194) 2 539,315 $0.20 O00 I t 9; ' " f Volume 171 *Number 4911 .. The Commercial and Financial Chronicle . (2195) Chapman Valve^Manufacturing Co.^Earnings-- after chgs. earnings nprireciation Federal AHriti taxes.— income for rnaree Tnct $1,025,197 r 72,800 361,911 110,180 (f $459,710 $184,851 65,000 41 250 - , 44^229 '' 149,990 excess reulacine nt' $365,756 75,809 : " ' ma- Connecticut River Power Co.—Earnings— 3 Months Ended March Total Bross earnings 31— ^ equipt— 100,000 - — ' i. T T?nrn« r~v- $490,486 $244 720 $99 372 $0.98 $2.75 $1.69 $0.65 com~share.. t.er ill v $179,767 - 750 d ' d? Rv Penou End. Apr. JU-— income Gross t Earning xaou o . ^armngs— iaou—4 nn 611,360 taxes come — ry. Net income 1986. 5,900,000 10,093,000 5,048,000 3,836*000 • • share—> com. p. 4, (22,000 1,389,000 4,790,000 —-<■ per 171, 2,719,000 1,662,000 income— oper. Earns, —V. 4,103,000 r $0;48 - 1949 . ' v at $213,785 Net inc. alter charges & ( Fed & State taxes— Earnings r 1(0, $189,789 share-.- per $0.91 $1.18- • * v $421,398 $519,676 $1.79 $2.21 «Net has lyoo, lias 10, been oeen nlaeed piacea nrivatelv privately v- hv The ine oy corporation stock The isr 400 000 ine cove spinne is "To and Srt No ha's Cuba " in ari Minps offered be to " -rv, The * common provide of and for mine' to the $1 6,435 prospectus further showings with of acres Proceeds exploration in share, per other of of the places value oi sucn i n* nu Cincinnati Street ivy. Perioo find. Feb. 28— Revenue for the ores t Anr at 17 plan a $80 * with the basis Rights expired %c o-jo16 of 38,932 of 22 were ■ the a plans company bonds, the issUanCe about to June be of 13 used of that so holders. Co." outside no holdings in Fall River comply with that part of single class of securities to a be distributed shares of to EUA. the holders of Thereafter, the with the the new gas and the for present company properties preferred new collateral trust stock. The amendment terms when consummation the of of the such sale plan, bonds issuance to is be and and $8,500,000 sale of will made. be ' ^ the capitalization of the company will consist of approximately $22,000,000 * new of bonds, $1,770,000 of Montaup to be assumed, $8,500,000 of preferred $19,381,000 of common stock. The bonds and bank- loans stock for would Blackstone. Upon refunding, and $8,500,000 for construction program. See V. 171, p. 2096. 1950—2 Mos.—1949 $9,032,682 $16,251,085 $18,680,072 Electric EUA convertible provided by and stock aie preferred to be sold to the public, while the common stock will be distributed to EUA common and convertible shareholders and minority stockholders of Brockton, Blackstone and Fall River on a basis to be set forth in an amendment after SEC approval of Step 1. Step 1 involves the purchase by EUA from New England Electric System of 118,161 shares of Fall River capital stock at $65 per share, plus such additional shares as the remaining holders will sell to EUA on a similar basis. Bank borrowings of $9,375,000 to finance such purchase are ; first $16,000,000 River company Of ( v construction $24,500,000 follows: as new the price ^ proceeds alternative vari°us intercompany transactions designed to effectuof EUA's assets to the new company and the transfer company of the properties of Brockton, Fall River and Montaup, the new company proposes to issue and sell to the public $22,000,000 of first mortgage and t "umbcr fof total t0. be ac^^ed by"P"b" shares at a ^are,s price of $297,920. The finance, in part, the company's Fall to ;• sft0^ck of the Dallas total company, additional shares at the & the security relationship with * In additi0« t° ate the'.transfer ** , common of one-eighth additional May 17. -Texas Utilities on Gas appropriate steps to sever relations of re of common and would take «■ offered of its common and convertible shares, a new operating-holding company ls t0 be created in substitution for EUA, Brockton Edispn Co. the Fal1 RiVer and MontauP companies. The common stock of - . recently shares that Valley its to sever EUA's J21S? M additional the on « April 42,656 share per * record for states Blackstone in or assets shall Montaup will exceed 107<>; and that, order directing the substitution of "48 charges.— . of hoiders, its that. EUA stock $23.8o other properties security distribute ( «9 44 $9.44 all and provided * tioViS and gas its among further The plan , The . - 1950—Month—1949 « of subscribing ^[}^-pr'^.,7™ stockholders will be 3,724 mortgage hidrnings $7,833,042 passengers filed has decided to comply with the SEC order by adopting the second alternative, and to continue the present holding company enterprise in reorganized form; that EUA now owns or is in a position to acquire (subject to Commission approval) enough " George L. MacGregor, President, recently stated that the company's < construction program for 1950 is estimated to require the expenditure of 812,700,000. Similar requirements for the years 1951 and 1952 are J estimated to approximate $17,000,000. leased any^ selected orereSuntered comirm^cial value of sucn ores. commercial taxes '49 shares order the program. ^ > ^ Pr°ceeds are to be used to stocK Christina the on ship the tne ?* a mining the The Light Co.—Rights Expired Mav 17—' u ^ minimum acquired a involved "controlling to the and determining determining nnrnosp purpose 'oi oi is at <no par> the 50c par. sale underwriting leases neral m public with i stockholders share for each share held. SEC— statement 23 «r 04 $8^04 — interest, depreciation, Federal privilege slock registration capital shares for according certain a Am- new terminate its existence • stock t May 27. on 170> p> 981* the Y.—Registers With filed 25 common commission corporation The nmnprtv May on -50 a?? Dallas Power & Illillll , Christina Mines, Inc., N. 29 Anr inenme - The midnight . May E6. on at common •- Earnings Der ""nreTen-eri"^^; Earnings pei prefened share Chicago Rawhide Manufacturing Co. — -vr^+~ Notes Placed Privaieiy-LAn issue of $500,000 3% 15-year notes due Ar^yii share), the offer expiring 16 Weeks Ended— -1 nois Company, it was announced per its Cushman's Sons, Inc.—Earnings— -After t> BUch venture," "throdgh a of , 1947 9<a. . have , , ~ 1948 $0.81 subsidiaries ——*—■—- company has a total authorized capitalization of 5,000,000 shares, "of which approximately 1,440,000 shares were outstanding as of the middle-of March, 1950. < • 1 The net proceeds of the stock offered will be used to complete purchase of, and to develop a mine in Idaho.—V. 171, p. 1259. Q7q p. (10 cents par The 9,452,000 $0.58 " . its . _ Chicago Mill & Lumber CO.—Earnings— April — . 194a and the Commission's " ,e company on. April 3 publicly offered "as Explorers, Inc., Spokane/Wash., 1,000,000 shares cr.„nm ." 1950 the — , 6,712,000 5,645,000 13,486,000 4,797,000 $0.52 . Quarter End. Mar. 31— <■—V. with . mos. 2,760,000 - ——— Other railway taxes—— Net omonnn corporation SEC under , 1949 -----$27,014,000 $28,9/4,000 $88,2/8,000$100,079,000 and Canadian-m- S. U. Anril .April This $1,079,-287 610,386 ' . Ohio umo /fa ChesapeaKe Eastern Utilities Associates—Files Plan With SEC— , A $1,101,794 expenses and taxes — Drof.it Npt , 1949 Holding Company Act designed to effectuate compliance order of April 4, 1950, directing Eastern to terminate its existence and distribute its assets to its security holders Balance before capital charges— $491,408 $467,927 puruant to a fair and equitable plan to be filed with and approved Interest and other charges— 208,226 221,793 by the Commission. \ The Commission's order, to which all participants in the proceedings Balance before dividends—„— $283,183 $246,134,' had agreed, provided as an alternative :velerrtd dividends declarea—18,000 that, if EUA acquired within 118,000. one year all interests in excess of 10% of any common stock held by others outside the Balance for common system in Pall River Electric dividends and surplus.. Light Co. and $265,183 $228pl34< - Montaup Electric Co., or shall have otherwise eliminated the existence —V. 171, p. 359. ' J of such interests in excess of 10%, then EUA might (as an alternative T ' ? tp dissolution and subject to Commission approval) reclassify its comCuddy Mountain Mininc To (Wash ) Stork ^uuuy luuunuun Mining UO. \ wasn.) — dtOCK Offrrrd Ulierea— ; ,mon and convertible shares into a single class of shares and allocate Operating * , and rhineiv y , 1950 3 . expected to be retired from the proceeds of the public financing. As a Part of the Plan, Brockton will redeem, at the regular redemption price, $4,000,000 of ;■ ; ■ ■■.■■vuiaiige outstanding first mortgage and collateral trust bonds, 3% series due 1978; Fall River The company is making an offer will redeem, at the call of exchange, dated City Products Corp.—Expands Dairy Business— May 26, 1950, price, $2,000,000 of outstanding first to holders of Morris & Essex mortgage bonds, series A 3Ve% RR. Co. construction mtge. bonds, series According to William J. due 1968; and Blackstone will issue and Sinek, President, this corporation has A sell to the new and. series B, due 'Nov. 1, 1955, whereby each $1,000 company its further expanded its dairy division principal bonds and additional common by the acquisition of the Jersey amount of said bonds may be stock, and redeem its outstanding exchanged for $400 in cash and $600 *•--$10,644,000 of first Gold Dairies of Shreveport, La., one of the largest independent dailies mortgage and collateral trust bonds principal amount of new D. L. & W. RR. Co. 3% series of the South. The purchase was a cash transaction—me1 Pennsylvania Division <_ due 1913, and $3,500,000 of amount was ' preferred stock Balance —V. to m, 294 surp.us—T— 9,880 r 520 19,047 462. p. Delaware, Lackawanna . , & • , ' , Western RR.—Offer of Ex- J ; . . • . , . . . . not refunding disposed. This the ' latest month addition of the follows dairy a previous business of acquisition the Cloverleaf Texarkana, Texas, which is in the same general The acquiring of these additional properties .is J the expansion and diversification program p. 1783. years in earlier ; but at by with Sinek. Mr. to for be may bear which and collateral interest at the exchanged.. The extended.—V. *171, vLi.; Detroit EdisOll Co. . accordance mortgage case bonds in" Creamery area. inaugurated _ several each made trust (& Clifton Forge - Way nesboio Va.—Stock Offering— An was & i Telephone . msn E Buford proceeds-are & to Co. be V",//• • " used for , 1949, Income at1' from Other income Collins & Aikman Corp. (& improvements.—V. —— 16,707,480 — sales 1 Net ' 237,573 Subs.)—Earnings— corporate income income 21,462,857 6,855,128 : ... Cash dividends paid 16,945,053 —: ... 14,607,729 Balance, surplus shares outstanding Earnings per share V. 171, p. 1992. $27,917,488 $33,080,128 $33,564,832 1,496,650 1,236,101 129,719 110,294 103,12j 557',912 $195,660 $2,534,519 37,382 453,162 $2,168,178 415,836 37,082 $158,278" requirem'ts—Blackstone Electric Co — E J,, U ' otJ« income ■ ^^ — 3,460.388 7;697,173 6,997,430 $1.90 Expenses, taxes and $1'940'528 333,061 11,469 — c9 ' Balance ...... 285 058 $1 909 828 182'303 158 100 $2,102,755 III" $1.69 — $1'650'348 $1,650,348 259,478 : .... interest 77,652 24,342 <m $1,940,528 _ 5,796,947 ' —iTo47TR9« t income $1 752 342 t 28^935 1 —— rotal ' 111,893 1 A $1 610 267 $2 081 357 Valley 1— minority interest. Non-subsidiary 8,395,483 — 590,024 $213,197 div. , $1,944,495 39,322 Eastern Utilities Associates: Earnings of subsidiary (as above)— 11,855,871 8,810,782 declared—. or t " , 5,089,182 t . $156,338 49,703 inc. gross Applicable to ■ * 1,197,792 • and Applicable to . $200,576 $250,279 ..... .income Preferred Gas : Feb. 28,'48 income Deducs. from 109,560,569 Deductions from income 166, Net Feb. 26,'49 Gross . 21,277,142 185,715 — . Net proiit, from operations— Other income $ : : Feb. 25,'50 ,v . Utility oper. income..'"" * °ther income" (net)-— • . 116,965,203 utility operations.. — Gross .V ' ?ln^i949, •• par.— .^TTMrn ACCOUNT 1950—Month—1949 1950—12 Mos.—1949 $1,469,730 $1,366,883 $15,830,289 $15,684,239 1,269,154 1,210,545 13,885,795 14,073,972 -^--..Operating ' operations......— 138,242,345 126,268,049 and taxes— expenses L ^ - — (par $100) • . capital V " Fiscal Years Ended— Net Utility $ Period End. Mar. 31— Operating revenues--#.--. exps. «fe taxes » ' TMfVM,,r, CONSOLIDATED INCOME , < " V : .L " by R. M. Armistead; Miller & Patterson; Strader, "Taylor 2208 p from revenues Utility July - - . . The •,,v.v Staunton, September, Co., and W ■" Co., issue of 1,750 shares of 5% cumulative preferred stock offered to residents of Virginia in publicly $100 per share • Gross nn„i rrrnQrn mATi-n by the 3, 1950, Subs.)—Earnings—•/ .m-■.. 1. borne on 4.25%, $100 bonds ; in new that -L';. . T- the as 12 Months Ended Anril 30— ago.—V. T71, niiu rate terminates ' ' 1783. p. bonds, same offer $1,(51,726 """ ' ~~~T , Gross income Proceeds from $1,327,511 — .insurance Reserve for Interest $1,339,222 and notes 633,516 169,875 55,543 Miscellaneous taxes 120,000 deductions Net 245,000 59,889 *Estd. inS as The the 222,446 subsidiary, net a profit after ended year Collins eurp.ue at Feb. 26, 1949. Pen. 25, Depreciation Net profit plied to Bank the Wisconsin P. S. nf & Tpipnhnnp pnm for'approval Commission in of a Milwaukee, Wis., $1,250,000; $250,000.—V. 171, and the First Harris Trust National & Bank 1356. p. of Madison, May 25. shares T°n u stock of June on prior 20 in payable June to 15 1 declared holders recently split-up on the basis exchange for each $25 par share held ' , Prior vote Operating $0.23 - 1459. ' 67J/2 cents had been received 50 cents ' of on authorizing issue an as of new May 4, per share on pany's six - ' Railwav I.ichtinc 195* Mo""?949 Pertod End. Operating & be issuable in series; Co from expenses taxes rxaRet oper- revenue—_ -$60,064 •'»$3,227 $353,504 84,607 342,781 (net) / income $81,380 $696,285 12.709 59,119 53,515 See $133,261 p. 556. : $68,671 , Commercial Dana and Financial plans $637,166 in 18 for the loans highest part months. of from the U. S. the opening * • to com- of ' In . in Credit the opinion of capital the in with SEC matter not involve of Office) William B. $102,858 $1,336,009 »— 67,500 $1,238,176 67,500 & $1,268,509 surplus. $1,170,676 $3,2 -,3.?6 • 1950 (no ° PrnnnqpH rroposea above. recent letter par stockholders of of expansion the sale public Company, record convertible value second $100 on ' of at OuerPXD3 & taxei E^pioreatfon &g SevScosts. i2bmbm 1 977 246 1(977,246 1,000 Name— iNdme ' ?oq I'Siq 7?4 w'S 1'438'839 20,718,714 13,386,963 20 718 income 379,332 $924,434 $7,938,152 $9,947,820 14,576 457,588 76,351 $748,433 $939,010 of notification, of this we deductions—. .income have of been Net stock at par ($100 informed Bat ior offering of Publishers, the 25 same.—V. 171, and surplus.. p. 1459. —V. 171, p. $8,395,739 $10,024,171 2,856,317 1,581,744 1,254,113 2,801,722 203,233 223,273 $357,314 $512,503 $4,285,303 $5,640,705 57 146 income.* com. HiviriPv,H« dividends share) 7,181 118,000 15172preferre^isTock^.^ per 1 273,120 tax preferred ; ' before income " n 436 35,627 Fed" ,ir\com.^ tax— , • ... $712,807 — '"come..... " shares stock, offered share, 1,511 — Federal of per by the underwriters April 26, 1950. See .... 0pSiL levfnJes °thW . filing share), $102 ? ment ' New i\ew preferred per April 13, 1950, to be placed CONSOLIDATED INCOME ACCOUNT # eQn the $4.25 value—stated subscribed Balance Torn C/orii. the Gas Co.—Stock All Subscribed for-— shares • * " Corp. by any Dana stock common 34 479 540 946 413 750 1 . the 29,812 — ~ directors, further enhance ' that 19,810 —— shares.....a 53 232 Gross the $5,514,580 "liS "iS'lS'' $1'il?'^ . " additional • with — for, leaving none .•headed -by White Weld & Co. Rights expired offering in V. 171, p. 1667. '.*• * this finance connection 926 —— requirements——... Paso Natural of common were expanding the business in the near future, and also Dorchfester .Fabrics, Inc.—No Public Financing^-- $321 054 Patent $1,365,410 p" 0f series P" does (Reg. lll> EI to further . Chronicle in made \ , William the previous of should, Domestic • «tock Deficit,—V. 171, resulted - — income balances time. to ' $374,569 12,617 — growth has employment business $5,765,125 5,728,990 $145,877 deductions This offices during Domestic income unpaid W8#> "" 338,434 1,385,242 $5,656,386 5,302,882 $1,557,804 S>100,627 dividend B"""™ »PPlle. to V the earnings of the company. $36,135 85,814 & $1,382,015 4149-1"TO $114,211 2,407 ^ P« in part: said $18,017,000, management time „The Famine!— $1,383,254 1,323,190 19 through the opening of additional offices purchase of existing small loan offices whenever favorable oppor'Ltunities present themselves. This program requires additional capital 195^12 M?a-1949 3 revenue 4'340'887 $122,078 ^ the per share eacn Oper. $5,898,691 329'7°° ended March the of history. new the Connecticut \ Preferred year, the individuals were and "The three $443,916 338 408 ■ Net of - to of end ' 1 1— ■ ^ $300,168 $478,024 $3,744,362 $5,226,955 1667. Park Place, New York 8, N. Y., REctor 2-9570. President; William D. Riggs, Business Herbert D. Seibert, Editor and oirices: 135 S. La Manager. Published twice a week [every Thursday Publisher; (general news and advertising Salle St., issue) with a Chicago 3, 111 as statistical issue on (Telephone State 0613); 1 Drapers' Gardens, London, Monday]. Other E. C., England, c/o Edwards & Smith. second-class matter Copyright 1950 by William B. Dana February 25, 1942, at the post office at New ^erican Company. Reentered York, N. Y., under the Act of March 3, 1879. Subscriptions in United Union, $35.00 per year; in Dominion States, U. S. Possessions, Territories and Members of Pan« of Canada, $38.00 per year. Other Countries, $42.00 per year. flOTl:, On account of the fluctuations in the rates of exchange, remittance for foreign subscriptions and advertisements must be made to New York funds. ■ Seibert, ' ' • • ' " 1950—12 Mos.—19-49 $460,486 ^ jS&TtS® . 31, 1950, net income was $752,973 any fiscal year since the beginning of the war .in 1941—and compares with $617,655 for the previous year. the families record " of revenues ——— Preferred ' Earning 1950—Month—1949 Utility oper. income._ Other income (net) . on stock, year the fiscal highest 118,434 . Period Ended Mar. 31— "chaSltogT^' naU^Vhe'cofporMton "At the ^ deciared is equai to 1 " on on — " • , , •" Create ' \ • Co , , p. 1,371,300 236,869 ' *» ^ , qiro? 91,807 $0.16 1,371,307 ' ' will preferred President/on May December, was thJ b dividend just quarter-VPia7riSn raS p" Gross Hno • ^— . Further Expansion Planned "For = cpnts per share has been stock, common Income 1ftB „ Arthur Greene, oi Wis., Dividend paid... 171, p. 1459. 9,510 92,694 $0.13 Corp.-To $2,000,000 ;" ' . hew Net shares ' Service \Co.—Initial initial dividend of 22 Va $10 par common ther to„„ 15 404 $1,563,603 ~ stockholders 200,000 . community Public par «i'n2o 27,053 43,885 $0.18 Issue and Change Name 142 696 13,948 $1,719,855 ~M4M09 " 0"er' W1JenSeS & Credit $1,721,703 168,354 taxes . nr. Savings Bank * New Stock— $10 95,878 share.. Domestic —the The ^'iqo 35,192 1949 $1,902,157 ... : y. '■'» ONLY 1950 income -.Convertible dividends paid National of Chicago, 111., $500,000, An 845,064 , , Anvil 977,564 »Under the Emergency Gold Mining Assistance Act.—V. 171, of rpriprai 1,047,155 ... com. other Net income Common dividends ' $1,351,545 4d'r«K 44,686 __ The oiihciHiarxr o $1,307,725 Mnn... Earns, per , ' ,* wimn— Nonoperating income ASSOCIATION Interest * ——- . Loans; rnmnnnv 1947 $1,351,545 — . Commonwealth Telephone Co. (Wis.)—Proposed Bank This 1948 $1,346,104 1,110,975 ... HOLDING ..... ,$1,504,254, general costs aSgreea.ed , Dividends.and Expenses and $1,307,725 • — Developmt., operation & Aikman 0f Canada, Limited, $320,638 (Canadian dollars) for 1950,-v. 171, p. 1458. taxes 1949 $1,346,104 v 25,864 Total 42,222 S-company^s'Earned with $13,946,888 compared Canadian the1 fiscal ' 1950 $1,-478,390 benefits. OF 12 Months Ended March 31— —•— —— reported ^ accrued Net $13,857,097 i Farnintxc ^Jdiuiiigb 260,000 profit L $50,909 $519,446 $338,800 income after Federal and State income taxes for the fiscal year ended Feb. 25. 1950, was equivalent to 9 cents per share on the common stock, compared with 37 cents per share (which excludes life insurance proceeds of $310,654) for the fiscal year ended Feb. 26, 1949. For the three months ended Feb. (25, 1950, the net income after V T td 3 Mos. End. Mar. 31— Bullion production 8,137* income Minpc ' 760,446 312,672 payable State Rnmp Cr310,654 784,041 - pensions on Federal $1,606,944 policy Depreciation EARNINGS ■ ■ • .1 - ■ • . ' • . % w# Financial Chronicle The Commercial and 4 1949 31— 1950 Net sales (discts., transp. & excise tax deducted >$104,264,454 Income after Federal and foreign income taxes. 6,332,445 Reserves for increased replacement cost of facil. 1,000,000 Three Months Ended March which e-iminates tne necessity 01 commercial bakers baking pans has been introduced by National Glaco Chemical Corp., Chicago, 111., a subsidiary.—V. 171, p. 1667. process "burning in" new Broadway Department Stores, see of holders The stock and 4,720,933 1,000,000 stock preferred, $6 second preferred and common $7 —V. warrants were recently notified to present their Guaranty Trust Co., 140 Broadway, New York 5, N. Y., for exchange as provided in the Holding Company Act com¬ plan. All scrip for fractional shares of common stock of Middle South Utilities, Inc., successor company to Electric Power & agent be Gas technique 27, 1954, all certificates for shares of preferred stock, and all scrip dated May 27, 1949, not presented to the exchange agent, and on July 6 1954 all certificates for shares of common stock, all options warrants and all scrip dated July 6, 1949, not presented, shall become null and void.—V. 170, p. 105. 1950 $1,200,585 ♦Net profit _• Shares outstanding all 170, 1,230,500 1,230,500 $0.87 Federal for provision including charges, Consolidated proved— Ap¬ . stockholders this of and Perth Amboy Gas Light Co. company April 18 approved the proposed merger of the two companies. is hoped to make the, merger effective as of June 1, 1950. ; ., ~ r "V :/ 'jV May stock, of Istbck, of $5 $5 additional business will be changed Into two shares of capital value, .by the distribution on June 23, 1950, of one to holders of each share of record at the close of par share June on 2, 1950. Stock Exchange - . * . York New 171, 1 ,: The debentures by reserved said under 1/15 $1.13 a each for scrip certificates share common securities above-mentioned receive of of of National Public Year Ended March share common Lakes Great Public National of securities Utilities National should surrender Net —V. at competitive bidding. less has Co. than delphia Public $3,000,000 mission has scheduled to proposes redeem retire and presently the outstanding 100,000 shares of its $6 cumulative preference stock at the redemption price of $110 per share.—V. 171, p. 2096. 1' V 1 ■''' • W ■ ■ The directors authorized hsve the selection by lot of 1,608 consists R. The shares and Chairman of the Board. The shares will be redeemed at $52 per share and accrued dividends. ' Payment will be mkde on and after May 29, 1950, by the Marine ■ National render for Exchange of the Bank Milwaukee of certificate certificates or presentation upon representing the and shares sur- waukee is plants of of that the unless * ; < by (2) that annual the agreement new Improvement base rate factor starting tional are: sound, all funded, employees under of four cents hour per to be May 29,. 1950, and four cents addi¬ the agreement. This reflects recog¬ non-contributory this pension plan providing a month, including Federal Social Security, agreement with 25 of years service. If pending legislation increfisinp; Federal Social Security benefits becomes Jaw, the combined will exceed General tinue per Motors' to pension $100 be less from month pension not General for the contribution than $1.50 per Motors majority eligible to month for Social and Security of employees, since employees will con¬ each year of service to 30 years. up (4) Increased under cost the to life General insurance Motors' employees. Also, this An amended question bv and sickness group* insurance General hospitalization, and surgical (5) Motors coverage for and accident at program will bear no half the employee benefits additional the cost of and his family. union security provision reflecting the vote on substantial majority of GM employees represented a time any which to notes. shares 50 for stock. The of , to up attached and has including been 50 called. In Bank From three or & of Trust Co., York, New will units be held $1,000,000 to $2,000,000 in farmout drilling. years in the 1, Canada March on 15, Y., be may by the UAW-CIO who p-irtidnated eupervlsed elections under the last February in government- Taft-Hartley law.—V. 171, p. the ' stock. capital - of outstanding $10,000,000 ... " of 1993. and three County '* :— in :.— -200 Hammill & Co.— Trask & Co.———_— Ball, Burge & Kraus„ 275,000 275,000 Shearson, Smithers S. H. G. Walker Ingalls & ! ....——. 250,000 250,000 200,000 — Co.— ' „ A. Evans & Co., 100,000 Inc Moore, Leonard & Lynch James Wood, Corp. Gundy 171, - net proceeds %>t commencing or building for of of production materials hew hxterior used as operating capital for the supplies- to commence production on patented tubuler ssfetly chassis trailers. tubular hnl'V' V"I safety 171, p. patents 'chassis 1667. frame, and for the Ltd . Co., Ltd— — 1568. p. Green common EFFECT FINANCING PRESENT TO Outstanding Authorized i <• purchase to respective be numbers purchased by of . names of * of shares each of them " of underwriters and of the comoany several the stock common the from First 171, follows. S™nn ; Co 2.0W Richards & Co. McJunkin, Patton & Co... Reed, Lear & Co.,. Corp.— 11,000 A. E. Masten & Co.—4,500 Moore, Leonard & Lynch._ 4,500 Singer, Deane & Scribner. 4,500 -V. as are company, ■ Boston offered shares 5,962 the • Shares The $5,000,000 ; ♦304,668 shs. - 325,000 ShS. all • - UNDERWRITERS—The the $5,000,000 value—— par no • ■ 2.000 Chaplin & Z.jwj 'Kay, 2»000 1993. p. . , - Hudson Bay 62,500 1,250,000 Mountain Power would ♦After • 350,009 shares of would not be in the 171, p. 2097. pubic interest and the two & will 1966. administration, de¬ including income §On 2,756= taxes. . Paper Corp.—Partial fund,. $652,000 July plus on of July 1, its .3,/2% Redemption operation of through 1950, fund sinking debentures, principal amount of the interest accrued to the redemption date will be made Chase National Bank, New York City.—V. 171, p. 360. r Payment in Quarter Ended March 31 and Manufacturing and Maintenance > and Administrative State _ ' and Net income > before 170, p. 1335. • Fed.' inc.. taxes !Vv;$ • -:v ^ :- 107,304 - • ■: • $1? $261,824 87,199 ' '81',868 $179,955 ! ' 'S' 63,667 54,314> 7,769 28,656 29,101 32,818 $194,563 ; deductions 'Net —V. 8,066; - — .. ; 7,697 other .than income income Total 60,037 42,653 757,192 751,943 •52,007 selling expenses taxes $1,103,771 $1,153,258 ^ Federal Federal 1948 1949 $1,122,963 775,565 59,944 revenues expenses *«• Subs.)—Earnings—- (& 1950 repairs.._ and Insurance „ oper, oper. ou the Indiana Gas & Chemical Corp. $10 must be *$1.29 redeem sinking $2,800/*-* $3,552,241 $1.50 deducting all operating costs, and depletion and estimated Hudson Pulp to divorced.—V. $4,135,385 $1.04 Corporation stock entitled to sole voting power.—V. 171, p. 1261. on $2,877,468 earnings shares.—V. 170, p. 2130. 1, ' 1948 1949 1950 § Per share , authorize Mining & Smelting Co., Ltd.—Earnings— 3 Mos. End. Mar. 31— ♦Estimated net companies - them. to Greyhound Corp.—Divestment Order— ICC of each .. employees Production sales The GIVING the last ten years, including the past four years. for year for V stock, preciation par every share per . 62,500 and company's copyrights,,on the' automobiles, trucks 1964 ♦Assuming 62,500 62,500 1,250,000 1,250,000 Canada Co., new purpose the' corporations, including the securing manufacturing plant and office necessary requirements at. Las Vegas, Nevada, and the purchase of $1.50 5,000 Green Mountain Power Corp.—Purchase Offer— Central Vermont Public Service Corp. has offered to acquire the company's assets in exchange for common stock on the basis of four shares of Central Vermont common stock for each of the Green Mountain Power 46,264 shares of preferred stock outstanding, it was recently stated. Whether the acquisition would take the form of a purchase of assets or a merger had not been decided, it was explained. The Green Mountain company has on file with the SEC a plan under which that company's funded debt would remain unchanged and the outstanding common stock held by its parent company, the New England Electric System, would be canceled without participa¬ sidiary, suit-b'e corporation tr»Uers^—V. be operations a and "Nelson" The viT stock common Common 5,000 —____—_.—1,250,000 & Sons—; of & Mills, Spence & —V. : year unsecured promissory note due Oct. 1, 7,500 ' v/''-■',•••/ fiscal . 12,500 10,000 100,000 ; a and has its main Underwriters— Richardson Dominick . 150,000 Snyder— & Clement Co & cost for the company • 13,750 13,750 12,500 , the department stores in - the CAPITALIZATION 3% 75,000 20,000 400,000 April 11 ordered the Pacific Greyhound Lines, a subdivest itself of all interest in Geronimo Lines, Inc., of Albuquerque, N. M. The directive was issued .in rejecting an application by Pacific Greyhound Lines for permission to become sole owner of Geronimo's stock and to merge its operating rights. The Commission said an investigation showed Pacific Greyhound acquired 100 shares of Geronimo's total 300 shares of stock in Oct., 1947, and thereby obtained control of the smaller company without the consent of the ICC. The Commission said consolidation of the shares. The the payments of 75,000 _l ; The — will be added to the general funds. conducts company 1951. - $1,500,000 ■ ended Jan. 31, 1950 consolidated net sales of the company and Its subsidiary were $50,392,950, and reported earnings per; share were $4.40. Dividends have been paid Shares 'Notes 1,500,000 Peabody & Co M. Marks & Co._ Laurence F. to 'reimburse used leading EARNINGS—For The corporation in April publicly offered to residents of Nevada 150,000 shares of capital stock at par ($1 per share) in blocks of be and any balance the ; *' - . Underwriters— & Dominick States Offered Stock // department store business, store in Pittsburgh. that city, the company has a branch store at Mt. Lebanon opened in 1945 and plans to open another branch in the Whitehall-Brentwood district of Allegheny used ; $2.41 '• ; the will of Joseph Home. of One Intends " ; respective names: Kidder, Co.—■ Common Home BUSINESS—The is of this shares of 558,342 $2,262,495 $1.50 ; . PROCEEDS—Will underwriters named below agreed severally Jointly, to purchase and the company agreed to sell, the notes and the attached subscription warrants in the principal amount and the shares of capital stock in the number set forth below opposite their $1,410,559 share common of the shares not tion. General Steel Products Corp. (Nev.)—Stock Offered— per UNDERWRITERS—The and 468,000 taxes . completion upon notes 1949 $6,334,594 2,851,495 589,000 1,878,559 taxes ' utor under general > 1950. 1950 $5,208,871 income from The Union National Bank of Pittsburgh, exec¬ pany engage consist Subs.)—Earnings— being offered by the company to personnel of Joseph Home Co. All of the shares were acquired by the com¬ and event N. $2.66 Corp. heads a group of underwriters which on May 25 offered 32,500 shares of common stock (no par) at $30 per share. An additional 5,962 shares are 1965 1 the as / first mortgage lien on property valued a begun in 1849 by Joseph Home, sale 500,000 ■ First Boston shares notes April income (Joseph) stock heavily was by 171, p. 463. unit, capital offering < ' income— Federal income Earnings —V. < the company. two Canadian minimum pension of $100 per for warrant capital Spencer annually for the life of by the UAW-CJO find General Motors that high living standards depend upon technological advancements and the co-operative attitude of employees. A the first Dominick nition (3) of United price index of the U. S. Bureau of Labor Statistics. to at Hanover the for financing date. without change of the cost-of-living allowance established in the 1948 agreement, under which wages are quarterly and adjusted In line with changes in the con¬ An added principal amount of $1,000 CAPITALIZATION—Securities Continuation sumers' operating each (Canadian), per secured are before on Major provisions of the (1) dollars) bonds Net generally in the business of prospecting for, acquiring and developing oil and natural gas reserves in the Canadian provinces " of Alberta, Saskatchewan and possibly British Columbia and Manitoba. Corp.—Wage Agreement Reached— five-year agreement has been reached by General Motors and the United Automobile Workers Union (CIO) with wages based on the continued application of the wage adjustment formula adopted by the parties two years ago. ' J The agreement, announced Jointly on May 23, covers wages, pen¬ sions, insurance and union»security and settles all economic and contract issues until May 29, 1955, and may not be reopened by reviewed S. "-- $3.00 * $1,088,952. Federal 1, 1950 and due April 1, 1965, carry interest for two years to 4% after April 1, 1955. The COMPANY—Incorporated A formula, note Central the to party before (U. V; 1 500,000 ■ made was the funds pffices. Both structures are expected to Jan. 1, 1951.—V. 171, p. 360. either of $909.09 / ' / " /•;;/ " $1,493,585 165,384 500,000 500,000 share common Gross (Canadian) company -264,094 Profit April from 1% PROCEEDS—From in General Motors $10,000,000 this .-$1,762,675 paid— —;—:—i shares outstandings,.—:.— Honolulu Oil Corp. (& any Mil¬ use of note has been called, the subscription warrant is exercisable time within a period of two years from the note redemption date, but in any event not later than April 1, 1965.' The Stock has a par value of $1 .(Canadian) per share, -i j at trustee completed and in the shares exercised be <; The company is erecting a new p'.ant for the production of specialty malts and a new two-story office building to house administrative be of stock warrant entitles the holder to subscribe for the capital stock at $10 per share, payable in cash or may called progressing on two building projects atn'tiie this company, Mr. Froedtert said on May 17. at subscription 50 ranging The Two Building Projects Under Construction— units subscription redemption. Construction of capital States note in a dated notes, rates President Froedtert, of with together company's $2.20 cumulative preferred stock (par $50 per share) for redemption out of sinking fund moneys on June 30, 1950, according Kurtis of 1949 ——————_^ Three Months Ended March 31— oversubscribed. of the to United non-detachable a Froedtert Grain & Malting Co., Inc.—Partial Redemp¬ tion— i the in Priced unit t form shares 500,000 1950; - . dividends- paid—■Js.-.U—__— 170, p. 787. The in 14 - —.ljL 3^4%, according to maturity. at the United States by a group of, investment firms headed by Domiriick & Dominick and Kidder, Peabody & Co., and concur-, rently in Canada by a group headed by James Richardson & Sons. April . , • - , July 1, 1965, and bearing interest ranging from 2Vi% to of Public the in offering and notes the application for hearing on June - . Ziegler:& Co. on May 23 publicly offered $400,000 mortgage serial bonds, dated May 1, 1950, and due semi-annually from Jan. 1, 1952, to and including Great Plains Development Co. of Canada, Ltd.—Notes applied to the SEC for authorization to sell of the Equitable debentures; and the Com¬ 6, 1950. With the proceeds of the debentures sale, plus treasury cash, Phila¬ Philadelphia not * . , of first proceeds from the proposed sale . —B. C. of case no Holy Family Church, Mason City, Iowa—Bonds Offered - < r •- in Hotels had income Earnings per Utilities, with the appurtenant coupons) to the Pennsylvania Co. for Banking & Trusts, 15th and Chestnut Sts., Philadelphia 1, Pa., to receive the distribution. All rights of such holders have ceased and right to receive above cash will expire April 20, 1952.—V. 171, p. 557. filed a registration statement with the SEC 20-year 3%% sinking fund debentures, due Hilton dividends Common which securities profit Common entitled Utilities (together same time ' . are 3L—• j--———-i-——w Preferred for plan Gas.' Utilities that At common. $40,469,134 $43,98^,402 taxes-^^---^-——/ 2,982-,675 J ' 2,523,585 provision for Federal and State income -taxes—/ '■ 1,220*000 1,630,000 entitled to receiver Also, holders are Allied on Waldorf-Astoria. the in Profit before for- Co. Pennsylvania they were entitled to receive under the amended plan. Holders of voting trust and scrip certificates and part of an. issue of $17,500,000 of Equitablie Philadelphia Co.,, which will receive all of the sale. Philadelphia will offer the bonds for are owned that. the common holders of and each of 1970. debentures Utilities to of $3,000,000 1, notified were Great Lakes of-Allied Gas of shares for $1.13 • plan exchange for outstanding certificates. .. Out of the proceeds of such sale, the holders of voting trust cer¬ tificates are entitled to receive $1.13 for each common share of Great Lakes directed The company on May 23 March - Philadelphia, Pa., as distributing agent-under the • Utilities Co., dated March 1, 1942, has- Trusts, & all sold Corp. Utilities Public Equitable Gas Co., Pittsburgh, Pa.—Registers With SEC covering 1 ( amended 192. p. ' v t aris of the corporation in the earnings of the Mav the Hotel Waldorf-Astoria Corp. in the three 1950, totaled $285,588, or an additional 13 Hilton common stock. In the same months or the Mayflower earnings was $123,112, or eight Holly Sugar Corp.—Earnings Banking : not bills.—V. * «$o6q 31, . privately '5% - / - that the capital stock be quoted ex said; distribution until further notice; and that all certificates delivered after June 2, 1950, must be accompanied by due-The r* - ' share per purchases this year brought holdings "of Hilton Hotels Corp. in Hotel Waldorf-Astoria common stock to 211,688 shares on March 31,- 1950, Mr; Hilton -said./ This represents 57.83% of the outstanding Waldof-Astoria stock.—V; 171, p. 103. ! ; ;<• value, par ^ •• ■ cents Additional ' an ^amendment to the certificate of* incorporation June 2, 1950, pursuant to which each share of capital on interest Great Lakes Utilities Co.-—Distribution—^ -In a published notice dated April 20, holders of the followingvoting trust certificates for .the company's common stock, scrip cer-, tificates for-Allied Gas .'Co.* common and first and refunding '6%series 1927 bonds and 6% debentures, matured 1940,- of National 29,; 1950, filed be ' * share per cents - ', v-. / < ** ,w' ■ 12 524'oes 1 $0.72 — or and March ended the equity in a share on Hilton 1949 — stockholders at a special meeting to be held Subject to approval of .- on will f .'' cents proceeds will be used for new equipment.—V. 171, p. 1993. The Corp. Hotel months Sales Distri¬ Corp.—Stock Phonograph Radio Emerson; serial' notes , 1.515,677 share net loss of $178,923, a sale of property. the from flower Prudential Insurance Co. of America an issue of $500,000 the outstanding common per 715,260 "^$974B^a NOTES—The equity (under has placed that the corporation reported'recently was with 647,171 $1,143,218 T— deducting ♦After Inc.—Private Loan— Gray son-Robinson Stores, It • May 1,. the New Jersey Board of Public Utility Commissioners approved the consolidation, which is to be effected through the issuance by the Elizabethtown company of not more-than 8,985 shares of $100 par' common stock in exchange* for all of the outstanding capital stock.of the Perth Amboy company.—V. 171, p. 1567. •••* V On bution—/ officers and ——— taxes income shares Earnings 1950 i949 $11,368,610 $10 771 1,790.339 1 690'or- — taxes profit Common t It on Net the stock purchase plan approved by the stockholders on April 18) at $27 per; share if subscribed for prior to June 1, 1950. Thereafter, the price will be equal to the average sale price for the stock on the New York Stock Exchange during the calendar month preceding execution of the purchase contract, but not more than the closing sale price for such month, nor less than $22 per snare.—V. 176, p. 1993. employees by subscription March 31— — income for Provision the exchange for in company for stock tax. Co.—Merger Gas. issued be to Grant Co.—Stock Offered to Employees— is offering approximately 82,000 shares of common (W. T.) The $0.83 income shares common before ing 1913. p. of revenues Profit depend upon the closing market price for the common stock on the New York Stock Exchange on the day prior to the initial offering date, but is expected to range from 14 to 18 shares for the preferred stock A and from 7 to 9 shares for the convertible preferred.—V. 171, p. 1886. 1,230,500 $0.85 Gross ' number The 1947 $1,021,507 - Elizabethtown The 1948 $1,071,125 share per ■♦After —V. 1949 $1,047,942 1,230,500 $0.98 Quarter End. Mar. 31— ' ■ Hotels Corp.—Earnings— Quarter Ended preferred will Corp.—Earnings— Electrolux Earnings stock. to Hilton of May being now 1598. p. on application an the plan, on Pursuant to — Exchange Plan Ap¬ Exchange Commission— Corp. Motors is according May 18 announced the issuance of an order granting of this corporation for permission to issue a maximum 674 865 shares of its common stock in exchange for outstanding 5% cumulative preferred stock A and 5% cumulative convertible preferred SEC The 170, p. 884 of "printing" an electronic circuit instead of applied to television receivers for the fire* «*■' William J. Halligan, President. This fact was known by the introduction on May 18 of Hallicrafters' new "Dvnfit• Tuner," which uses a photographically "printed" circuit —v vmC $2.45 wire 1667. 171, proved by Securities and connection with the plan Corp., issued in tendered to the exchange agent. United of or should p. $3.69 .— above.—V. Hallicrafters Co.—Introduces New Tuner— (The) $3,720,933 stock common Graham-Paige pliance Light, of share $5,332,445 purchase to holdings Per income.. of Balance Corp.—Exchange of Stock, etc. Electric Power & Light Inc. $92,490,862 The * Monday, May 29,195Q . Inc.—Offer of Exchange- Hale Bros. Stores, Subs.)—Earnings- (B. F.) Goodrich Co. (& Co.—Develops New Process— Ekco Products A < . . (2193) . Number 4911 171 Volume . . The Commercial and Financial . Chronicle (2197) Indiana & Michigan Electric Co.—Registers With SEC lam Telephone Co.—Additional 1,1 4,821 shares not subscribed collateral PROCEEDS—The reduction, to sale intends company to or payment apply the proceeds neaung GIVING EFFECT TO A sinking fund bonds3%, due June 1,- 1972 Series B 3%, Series NEW C-3%%r due April.I, 1970 Series ! Other due (par $10 6% Pfd. voting 1, A. stock Common in ♦No maximum amended and strictions on authorized issuance charter but the amended bonds thereunder, the offered aggregate, them. to of The 42,776 shares remaining 52,224 shares & named below have agreed Corp sev¬ 2097. 1,000 & 1,700 Riter L. 1,500 Co Sills, Iowa * " j- : 1,000 Stroud 1,000 Union — 2.;. shares First > of $4.25 a dividend. '* of the funds improvements, Electric Co.; to the engaged north and sale the '•* 306,231 A 2,139,623 2,158,760 539,530' income.:.. on in Common dividends construction additions the to to sale and sale of > - ' 6,618,846 * 483,475 483,475 with 1977_^_1__L.___.. natural its the due 5,831,267 5,831,267 . series due 1978___. r $100,000, $0.54 171, p. 1886. ' . J - $0.84 *' $0.63 and of UNDERWRITERS—The preferred stock, of name together each 6,258,817 1,045,324 420,052 $3.78\893 $3,464,075 $1,870,512 123,557 111,340 138,771 $3,913,450 $3,575,415 $2,009,283 800,283 731 705 399,890 897.213 834.625 519.568 254,881 221,267 176,089 100,000 175,000 $1,865,016 $1,586,713 $913,736 $1.67 $0.96 with are the Merrill —V. debentures $30 April a 30, share, convertible are 1960, at according into prices to the stock common ranging period in from which up $22.22 the to a and share profit be offered for to The are The proceeds to are used to bank pay loans and for Associated with Peabody & Co.; « Co.. Inc.; G. Bitfield & H. Co., Inc. & Sherrerd & Co.; Walker and working for in Equitable & Co.; Watson & the underwriting Securities Wood, Gundy White.—V. 171, p. are Kidder, Harris, Corp.; & Co., Inc.; to finance, $4,822,500 : to in of part, It Net of estimated by " Interstate Power Co. Bonds Offered—Halsey, Stuart May 24 publicly offered $3,000,000 first mortgage bonds, 3% series due 1980, at 102%%, plus accrued interest. The firm was awarded the issue at Co. Inc. oper. its the proceeds construction and to June program, the made.- on o a series from reimburse heretofore statement the to with competitive sale May 22 on Five other bids for ^vnch. Pierce, Fenner vvnite -»ros. rnif the & bonds Beane, Net sale pay company " ' - proposal to of bonds were received, viz.: Merrill Lehman Brothers, 101.2599; Barney & Co., 101.08; and Salomon are redeemable, at the option of the company, at prices to 100%. Through an improvement and sinking for the issue, the bonds are redeemable at prices Common Stock to ; anc* was Competing on bids off and in part construction increase program, the be to p. May 22 the the investment firm at com¬ to on - additional common were: Merrill Stock Offered — An underwriting group by Smith, Barney & Co., on May 24 offered to "Gi public 100,000 shares of 4.70% cumulative preferred (par $50) at $51.50 per share, plus accrued dividend. PROCEEDS—Net 171, SO cents 1668. . (par /; $5) share. per p. Gross . ^ \ : * a $47.50 proceeds from this offering, together with funds Profit after •Minority A Net income stock-split net of in March, ** $2,886,499 67,874 69,242 $3,048,513 $2,955,741 de¬ 65,410 $519,433 180,349 113,679 $180,760 subsidiaries, 1950—V. 171, p. 1994. % * $220,405 2,350 equity: consolidated $197,654 68,666 775,589 813,157 $210,669 - $2,272,929 $2,142,584 356,532 356,532 $1,916,397 - - South $1,786,052 . Utilities, Inc., below.—V. 1950—3 Mos.—1 $l,79j,013 $l,79-t,203 Dr2,115 71,954 89,773 493,665 $i,86o,157 475,652 $7,028,685 2,331,404 $6,350,608 1,874,493 $1,390,505"" $4,697,281 $4,476,ll5 ..... : income $l,79o,898 ► 365,422 (net).. income $1,431,476 prefd. 38,912 $u, $5,85a,943 divs. 25,000 25,000 100,000 100,000 244.005 cumul. 244,004 526,500 prefd. 480,916 976.019 1,969,249 976,017 1,736,643 divs. par) Common 1j50—12 Mos.—1949 income.. cumul. —V. 49 $7,557,964 $27,934,430 $27,087,544 5,763,751 20, 95,518 21,220,601 deducts, ($25 2098. p. (& Subs.)—Earns. $8,404,981 6,603,968 and ($100 Par) 5% 171, (Ky.) taxes revenues income Gross dividends 171, p. • 1461. directors May 24 had approved on an arrangement which 4% cumula¬ provides for the sale of 100,000 shares of tive preferred stock, series B next 855 $183,110 $221,260 $0.53 tAdjusted ' ' sale of (par $100) to The Pruden¬ to were in form the $100 be stock issued of the to issued without the the on ■ Aug. 1, issuance approval represents previously 4Y«% share. per stock subject meeting, to be held Nov. stock preferred shares such is annual The In taxes ^— less other oper. Other 4,565,136 98,600 L——.... income the $2,980,644 70 applic. to pfd. stock for the period..— stockholders 180,853 tEarnihgs per common* share_L._——__—^—_*■ ♦In $5,084,569 $460,213 stockholders' $279,335 \ _♦ 1949 4,410,729 ... etc taxes $264,064 (net) exps. The 1950 $4,870,942 income $279,265 tial Insurance Co. of America and the Metropolitan Life Insurance Co. for $10,000,000. ... (& Subs.)—Earnings— profit Estimated *: % (R. H.) Macy & Co., Inc.—To Place Stock Privately— Jack I. Straus, President, announced on May 26 that the secondary offering of 10,300 per share, less a dealer's It was quickly completed.—V. 171, at (incl. wages, etc.) buildings, $258,013 6,051 (net) Period End. Mar. 31— Oper. of Depreciation, $0.21 ; 464. income Operating costs and Operating 5% Co.—Secondary Offering— April 14 made on taxes..: revenues Middle Net Redemption— bonds, 2%% series, for redemption on June 19, next, N. Y.—V. stock 1 ••>_.; Louisville Gas & Electric Co. mortgage Three Months' Period Ended March 31— Lynch. Preferred °°k Co. common its bid of $8.91 per share. Fenner & Beane and Kidder, Peabody & Co. (Jointly), $8,725; R»pley & CO., Inc., $8,705; Smith, Barney & Co., $8.63; Lehman Brothers, $3,489. eaded York 5, Knott Hotels Corp. Gross - h first Offered—Public HST. ftnrt and of concessions of 100%. awarded for Witter & Dean shares offering of 275,000 fuaitional shares of common stock was made on May 24 oy Blyth & Co., Inc. The stock is priced at $9.25 per petitive sale outstanding Kern County Land Provided 103'/e% New >*$232,186 $0.15, Registers With SEC— Net company's July 1, 101.48% 16 Wall St., fiinHlng fr°m 106''/4% rauging from $100,000 shs. 1,095,440 . $166,664 1950—Month*—1949 1 1950—12 Mos.—1949$1,524,113 $1,639,303 $13,694,664 $18,970,316-v 1.236,105 * 1,410,538 15,714,020 16,083,817 income See the 1979, have been called plus accrued interest. Payment will be made at the Harris Trust & Savings Bank, 115 West Monroe St., Chicago 90, 111., or, at the option of the holder thereof, at the Bankers Trust Co., at bid of 101.909%. 3s of and Balance to 101.429; Weld & Co., 101.099; Smith, Hutzler, 100.35779. & - a as due total (on 19,089 ' v $487,264, i; 255,078. $356,328 '/ income ductions the due 1980, on A share common income Gross new 25,000 bonds, Kansas Power & Light Co.—Partial — $168,175 7,789 . r,—189,654 1297. exps. Income & $348,539 — — -_.__1._- per Net completed by 1952, wiil cost approximately $43,000,000.—V. 171, p. 1994. 1994. — 5,815,249 Louisiana. Power & Light Co.—Earnings— Shares ;; registration a apply the income 170, p. 1949 $6,283,424 5,366,499' Period.End. Feb-. 28—, Operating revenues $15,000,000. that 171, the of shares 1 ^50 $5,715,038 ; ————— income Earnings —V. notr been underwriter * " Lines.—Quarterly Earnings— Interest, etc., deductions Interest Beane___>_^ filed 2% .notes, indebtedness is $1.97 — Oper. of J - Total Dividends expenditures stockholders will vote bonded C. 19 proposes Hall W. & of first mortgage competitive bidding. at (948,597 shares* — 25,000 construction The Butcher Allen company bonds retire be sale : Operating " The company on May SECv covering $15,000,000 converted. capital. 2098. p. . in¬ debentures 171. for contingencies...—— expense Kansas City Power & Light Co.—Registers With SEC ; » The cluding Lynch. ; Other income follows: as charges taxes. income ; * number - ... Operating ' & Co.,- Inc Pierce, Fenner taxes) for Federal income Operating 42,500 shs. i.. Ripley profit *v;. 50,000 shs. 1,200,982.2 shs. principal $9,594,705 500,045 Three Months Ended March 31— 33,000 shs. have 1948 , 1,134,323 , 500,000 and 1943 , 7,532,487 Net profit per share « 42,500 shs. " 1950 - $13,2,2,^53 $12,650,931 co^ts 503,207 7,920,000 unissued are shipping purch. cement * % shares: and 171, ; ^ ♦Si>ecial provision against decline |n foreign exchange rates.—V. p-s. 50,000 shs. to series. as Placed 1,134,. 07 Net Payment of all of said notes may be antici¬ 59,500 Bonds 7,818 646 1,000,000 2,500.000 shs. — sold. ♦Reserve 3.000,000 38,000 shs. Co. (& Subs.)—Earnings—j —— of Miscellaneous 3,500,000 " ' Telegraph outstanding) "* "* time. any & Star Cement Corp. Provision gas payable to the order of The Commercial National Bank New York, are dated June 24, 1946, bear interest at' per annum and mature; serially one each six months are Telephone Provision for taxes (other than Fed. 1%% remaining Harriman International Utilities Corp. — Debentures Offered— Public offering of $4,000,000 Zxk% convertible deben¬ tures, iue May 1, 1965, was made on May 26 by an un¬ derwriting group headed by Butcher & Sherrerd at 100%, plus accrued interest. $1.26 ^ expense. oil. Outstanding $2,200,000 preferred stock...' preferred stock underwritten, ' * 490,338 $0.30 — r cost Other —V. ' 430,338 * — Total income to as Co. rate of new 381,000'' $619,276 depletion $13,750,000 v. ■ " " cumulative Trust f. outstanding... Miscellaneous income The * cumulative preferred stock.— stock ($5 par value)... designated Earned surplus end of period _$100,713,256$103,984,631 $93,619,702 Earned per common share..—.!... ,\ bO.OOO 1150. Operating City year. gas ♦ ' : __„ & 5,831.267 , $1,000,276T $145,070 —i.:— ... - and ,? 1975-__i.^.. at 16,738 $23T>,070 Prov. for depreciation and com¬ manufactured "•*' 1978..., series The $983,538 Selling and administrative aggregate principal amount but limited by property,' and other provisions of the indenture securing these bonds. i'ATlie remaining five of these notes are each in the principal amount ^ income on (estimated)... Los Angclea Transit 1976-__i_t._T due pated income on Manufacturing earnings 483,475 202,613- 13,391 3 Months Ended March 31— electricity in and the manu¬ Authorized due due the 87,421 131,737 expenses 1150. *■■■' ■'* bonds—^ series ♦Unlimited 5,237,572 '* expenses share Sales of .... ... 762,415 6,665,514 due Jan. 1, 1976, at 100% and accrued interest.—V. p. or Sioux last steam convert gas. of name adopted was enriched 4.20% * _$107,027,998$110,299,373 $39,934,444 ... is 3.75% 2.006,327 896,609. , 5,098,856 — the 1950* natural beginning June 24, 1950. ——,i_— name Iowa, which gas under Cumulative preferred stock ($100 part— i »3.90% cumulative preferred stock..." 280,327 1949 $7,933,086 4,043,096 less other shares per 171, p. Lone the for and production series $16,157,024 $22,436,682 $18,422,019 1950 $4,529,558 Privately—Harris, Hall & Co. (Inc.) on May 23 placed privately $1,000,000 first mortgage 2 % % bonds, series A, (jointly), bid $100.53 for required 190i present, in proposes series 3% - depletion $215,173 Lincoln j. ' extensions in central of straight mortgage tNotes depreciation, sold Net earnings ^^», - 23A% " 1948 $510,097 for 83,543 Federal taxes property. of surplus products Earned 3'/4% -1948 t 1949 $306,030 provision ... of Common ;■ (& Subs.)— Ltd.—Earnings— 7,000 7,000 * 1 6% Net profit ..—„—$8,329,015 $12,762,467 $10,415,705 Earned surplus beginning of period 98,698,983 97,536,906 89,518,739 Totil Corp..... Co._______ CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING 8% 1949 266,530 Depreciation and depletion.-.—_I__V Retirement system Preferred dividends Inc & on part company 8% _I _ 1950 _—______:.LL. based Co., Weld :7 COMPANY—Incorporated Common taxes & Securities White, issue at competitive sale May 22 on a bid provide facture including Earnings before Federal taxes 7,000 2,000 5,000 with company is western and ' charges, Other income, 1,700 new & 171, 1950 Balance 2,500 ; Li Co. PROCEEDS—Froceeds from the sale, together with other funds, will used by the company to pay off $1,700,000 temporary bank loans Gas exceed to Public acquisition $15;890,494 $22,130,451 $18,141,692 Total income Prov. for Co & & preferred stock is redeemable at the option of the company at prices ranging from 107.439% to 103.439%, plus accrued dividends. v t not cash.—V. cor Webster Securities Kidder, Peabody & Co. and Blyth & Co., Inc. to issue $447,398 Sehing and administrative bids received for preferred shares with a $4.20 dividend Equitable Securities Corp., $100,765; A. C. Allyn & Co., Inc., $100.69; White, Weld & Co., $100,669; and Lehman Brothers, $100.4099. be to company ot Depreciation 3,500 Harris, Other The like income taxes.—V. 170, p. 2332. Cost were: these the certiucaces Six Months Ended April 30— sales May 24 jointly offered 50,000 shares :of 4.20% cumulative preferred stock (par $100) at 102.439 per share, plus accrued dividends. The group was $47,392,082 $55,624,831 $45,667,328 31.501,588 33,494,380 .27,525,636 expenses-- income Smithers Starkweather Stone & ,1,700 5 authorized trustees' all Net Service Co.—Preferred Stock Offered— Harriman Ripley & Co. Inc; and Merrill Lynch, Pierce, 2%% sales Other S. F. 2,500 Corp.______. serve 1,500 " L50O Z ICC Lakey Foundry & Machine Co.—Earnings— % 2,500 . & April 5 on of operating profit.:. and 1,500 2^500 _ Fenner & Beane •• profit Co.. & ICC ♦After 2,000 Fairman The 1,000 Co. & be first - Quarters Ended March 31— —V. system . International Nickel Co.; of Canada, Ltd. Operating & F/Rothschild \ Lake St. John Power & Paper Co., 1 800 Gardner 5,000 Co & 171, p. 2097. The ;____ 3 Months Ended March 31— Costs and Co., Inc... Co & J. G. of 1887. of forthv! set Co. Shields 7 000 , 3% Net Ohio Reinholdt ho.ders represent each number are \\% Robinson-Humphrey'Co,.....:...-..: p. the each Carl McGIone & 800 r __I Co Chapman & Co.iu Higginson 20% ' .1 Scott, Horner & Mason, Inc Evans & Co., Inc 171, The ♦Net 2,000 & Kidder 47% ; — Inc. Clement A. —V. Collins M. Lee in their assigns:. ; or _ The and by to 1951, in reorganization proceedings. W. Heaiy and J. J. Du.*ne, Jr. to - $100,000 p. 1,700 —V. were Co Securities stock purchased committee a due authorized income underwriters shall not be subscribed for by such stockholders Mason-Hagan, In The Janney re¬ erally and ngt jointly to purchase from the company at $10 per share and in the percentages set opposite their respective names, so many of the 52,224 shares of common stock offered to certain stockholders Equitable be 10,100 ELis & Simmons... Byllesby & Co. (Inc.) pany's UNDERWRITERS—The Courts preferred to of name bonds as Trustees' Certificates Approved— 1,000 A. underwritten. as recently ' , Indianapolis Bond & Share Corp. —_ as were, system continue function. steam- 2,000 FarWell, tAmount which bus a to mortgage 5% manu¬ and gas Mullaney, Wells & Co Newhard, Cook & Co.:.. and portions distributes E. W. & R. C. Miller & Co. subscribe respective also 1,000 L their v Hayden, Stone & Co.... Hornblower & Weeks • March on authorized 5,000 awarded the in the indenture, contains certain J. L. Bradford, the ICC examiner, in April recommended that W. Schallitz, E. J. Coughlin, J. M. McGracn and Harold Barnett net 5,000 17, 1950. tAmount which will be outstanding if all shares being offered are sold. South¬ ern Bell Telephone & Telegraph Co.- and The Chesapeake & Potomac Telephone Co. of Virginia informed the company that they would for new stock Dillon & Co Estabrook & Co.__.__.____ 1285,000 shs. indenture additional as the Eastman, 35.000 shs. is provided It STOCK—The of-100.949%. amount of of program. Inc.1.11 Julien 29.000 1400,000 shs. of of Chiles, Huey Co.. , ___ supplemented, the under purchasers Allyn & Co., Blunt the 35,000 shs. $2,400,000 balance mittee— out¬ an electric operating public and northeastern Iowa, southern non¬ — . authorized C. H. M. 389,000 share): per non-cum. (participating) stock—voting The Lackawanna & Wyoming Valley RR.—Protective Com¬ com¬ Lestraqge .& Co.*. Robert W. Baird & Co. Inc. Barrett & Co. 744,000 V due the primarily PREFERRED Arthurs, $978,000 $29,000 the FOR Smith, Barney & Co. Outstanding 1976— debt__L.________.____ long-term Capital stock Dec.- and Iowa; furnishes natural Lea, Minn.; and operates Albert of new preferred the table below. in FINANCING Authorized in snares . CAPITALIZATION, service Clinton, bonds by $5,000,000 construction in northern southeastern South Dakota. and of 1978 banks. by company's company, UNDERWRITERS discharge, of amounts owing by First.' mortgage due 3% used A subsidiary, Interstate Power Co. of Wisconsin, dis¬ electricity in southwestern Wisconsin while another subsidiary lurnisnes electric and bus service in East Dubuque, 111. the company on the short-term note of the company to The First Bank of Atlanta, Ga., and to use - any remainder* for general corporate purposes,- including extensions, additions and im¬ provements to the company's telephone plant. i. Nations! held be tributes in the from the will redemption bonds notes for lJUDuque, Iowa. .., to and used factured gas in underwriters in the exercise of subscription warrants, or a total of 14,345 shares, were offered May 1 for the account of the several underwriters at $11 per share, or a total price to the public of $157,795 in respect of such . . . be the property exercise of the subscription warrants, together with 9,524 shares which were purchased for the account of the 14,435 shares. tor mortgage stock common 4»/2% promissory wi.l Minnesota Data—Of for mortgtge ®YS1NESS—The utility, owns share), a total of 90,179 shares were purchased in the exercise of the subscription warrants' at the aggregate subscription price of $901,790, Rights expired on April 26. of first , 95,000 shares of common stock-voting offered to common stockholders of record March 31 at par ($10 per balance of necessary, proceeds the The 275,000 shares the extent to standing °i Inter-Mountain and ply. covering the sale of $3,000,000 first j 1980 May 19 filed a registration statement with the SEC $20,000,000 of first mortgage bonds, series due 1980, to be offered for sale at competitive bidding: The company proposes to issue to its parent, American Gas and Electric Co., prior to or concurrently with the bond sale, an additional 45 000 shares of common stock for a cash consideration of $7,000,000. The net proceeds from the sale of the bonds and additional common stock will be applied to the prepayment, without premium, of the then outstanding notes payable to banks issued for construction pur» poses, and the balance will be used for property additions and betterments. The company's 1950-1951 construction expenditures are estimated at $40,526,000. Bank notes now outstanding total $6,000,000; and it is expected that not to exceed $3,000,000 additional notes will be issued prior to June 15, 1950.—V. 171, p. 2017. The company on 5 of 14, a the of rights to stockholders common their at 1950. portion authorized. Of of the this shares 500,000 amount, 165,600 1944 as a dividend on the common cumulative preferred stock, series A, par stock value . interim, the two insurance companies have advanced to Macy's $10,000,000 against notes maturing on or before Dec. 28, 1950, the final date on which it is contemplated the preferred stock will be delivered in exchange for the notes. - • This financing, which was arranged through Lehman Bros., is for . ■. $0.64 for 2-for-l * " " the purpose reduced to of replenishing meet program of the the working requirement of capital which was temporarily expansion and improvement the past five years.—V. 170. p. 2333. I 0 Marathon Corp. (& Subs.)—Earnings— Six Months Ended April 30— Net sales Net earnings $30,463,313 _ after income Common stock Earnings per —V. p. taxes__^_! outstandings 171, share.: common 1950 outstanding common share per 5,600,000 $0.24 $0.24 ^ York State received adjusted to minority interest as reported Stock by Exchange. Midland Marine Corp.; the parent (2) trust companies, its plus 11 Of cents share. a 1949.—V. 170, company This with $465,427 for the same compares ,rplus Leland J. Kalmbach, elected 171. Vice-President President to succeed Broad Net St., 1950 since T. charges Prov. for decline in value Federal ; of 1948, - ' . . 404,615 the be 1948 of No. —V. $595,947 499,864 ,a the 499,864 499,864 249,932 $0.50 $0.28 $1.19 $1.39 1950 •'.• , ' the shares Earnings per outstanding NOTE—Total 919,368 and share common ♦After provision for current current compared with assets and of as liabilities ratio a Holdings of cash $31,089,867 taxes of 2.98-to-l at the ratio a , and the $37,741,893 branch the first-in the on first-out in St. it is last-in Louis, the first-out building, the in Quarters End. Mar. 31— sales profit after taxes Preferred div. Balance l'or Earns, per for profit 1949 ' 1948 of West their of will 171, will be made 753. p. 9,920 income^ 71,794 289,407 V. A soon as 17,816 17,826 $53,978 $271,580 1949 355,939 355.939 171, $3,112,412 * 43,046 taxes___ r. *$0.02 $0.15 $0.76 $1.29 since 1927, has who continues as Senior of first $203,534 $180,267 3,313 4,878 113,196 110,137 570,628 569,013 $0.11 of 552,146 $0.35 purchase 3l/4% mortgage issue to bonds. and $0.32 Dec. on. On 3% bonds seil to Jan. bonds bank repay due during 31, 8, 1947.— 1973, have $4,000,000 1950, 1950, the 1975. due to be sold loans. Of company the Additional follows: as Aug. 31, and $1,200,000 on Dec, on before Federal sold proceeds, bonds $300,000 15—V. York of 718-bed a medical-surgical unit income 171, on p. of this May 1, 1736. 784 679 13,851 — $427,279 $437,,446 $1,727,434 $1,673,296 — 117,203 105,,332 446,141 392,914 $332,114 cumulative preferred dividends——I— $1,281,293 182,504 $1,280,381 182,500 750,021 623,089 Other income deduct's Income V. Net 5% 1949 2,023 830 876,210 787,765 ♦$1,558,850 dividends dividends per consolidated a 92,456 $1,236,065 92,455 910,000 900.000 675,000 500,000 $2.17 outstanding $75,000 a paid paid^.— $2.29 share common reduction in return.—V. Period End. Feb. 28— Operating Federal 171, income tax resulting from 1049. p. (Stated — Period End. Dec. 31— oper. ♦Monthly Net $1,783,953 income-. Common dividends p. 170, Mountain 180,764 2.100,000 2,215,764 $88,677 $909,779 and sinking fund charges bonds on The dollar in conversions exchange average Canadian, dollar Dec., as 1918.—V. have rate compared 171, been for made Dec., with at 1949 6.88 monthly 7.86 was pesos and dependent Net of each for the to 1950—12 Mos.—1949 $349,029 $355,206 $3,370,399 Canadian the at record of close business five general and 20 38,549 2,028 $351,564 other $355,226 $3,408,943 90,306 i—_ 94,972 1,058,053 $2,965,770 de- not underwritten. was .1.^././•'. apply the proceeds from the from American Telephone & to intends company the to such proceeds are more the use remainder income applic. See : to $261,258 pfd. stock for the $260,254 With South $2,350,895 period 266,855 for necessary new the all shares, as no reported common stock was recently value, to 236,000 shares, par $10 in last Monday's "Chronicle.") See V. par (not 171, from • 826,620 Securities Utilities, Inc., and $2,139,150 266,856. $2,084,039 Exchange above;—V. 171, p. $1,872,234 Commission 2098. A shares 2098. Mobile Gas • 1, materials and apparatus 2%%. Outstanding *■;" % $25,000,000 ; - May debentures,.due —35,000,000 __ During 1949, the bonds, series D, due Operating ' revenues expenses 35,000,000 ( Capital stock (common) par value $100 7- , share*; per *1,103,510 shs. 1,500,000 shs ' sell only such number of shares as may be subscribed for through the exercise of subscription rights. American Telephone & Telegraph Co., parent, informed the company that iu intended to subscribe for the 150,133 shares which represent its pro¬ portion of the offering. - It is impossible to determine how much of the remainder of the offering will be subscribed for.—V. 171, p. 1995. *The intends company Muntz TV to Oversubscribed-- Chicago—Offering Inc., associates on May 11 publicly offered 400,000 shares of common stock (par $1) Kebbon, at McCormick $3 per share. Co. & and The offering oversubscribed. was " PURPOSE ISSUE—The OF general funds net employed and be added to the com¬ working capital. When not proceeds will as funds may be payment contracts. anticipated that such additional part of carry its time BUSINESS—Company was incorporated in Delaware on April 5, 1950, the purpose of acquiring, through a statutory merger, the assets business of a California corporation of the same name. By the for and on May 10, 1950, the stock in exchange for corporation. The Cali¬ fornia corporation owned 50,000 of the 106,000 outstanding shares 01 common stock of Tele-Vogue, Inc., its manufacturing affiliate. Ih connection with the merger, the company issued 112,000 shares of its terms of the which merger, effective became company issued 501,994 shares of its common all of the outstanding stock of the California common* stock to acquire the 56,000 shares of common stock or Tele-Vogue, Ins. which were not previously owned by the California corporation. Of such 56,000 shares, 55,000 shares were acquired from the of Thus company. Tele-Vogue, Tele-Vogue, vision sets The had of 1735 its cathode its tubes ray tuners its all from other at from ceeds from $475,000 1949 of plant the sale bank 1977. of loans additions, sold The 18,000 and which net $500,000 proceeds, balance amounted shares, common the of to to first mortgage 3V4% together with the pro¬ were finance used a $729,096.—V. to pay off of the portion 171, p. 2098. a wholly shares or telo*« manufacture of the company. Tele- maintains used in the research en¬ parts component the and small a Angeles and Chicago. It purchases American Television, Inc., Chicago, iu.» Los Standard parts in the to 613,994 . manufacturing plant of Ave., Chicago 13, Ih. of sets both then . the and Belmont television department purchases exclusively company at ; , engaged present sells purchases company production at is it the of located are The its Inc. which offices became Inc. which subsidiary of the company stock outstanding. and Coil Products cabinets Chicago, Co., 111. well-known quality man¬ from ' Neither 1949 to $191,546 138,957 with manufacture held 31, license has patents of its own. with Radio Corp. or any agreements the but June television radio, respective be may license to are Hazeltine complete by 1954 Hazeltine licenses 3.769,744 143,102 — Tele-Vogue nor standaid Research, Inc. whereby Tele-Vogue m consideration of the payment of certain standard royalties has a non-transferable and non-exclusive license from each of said licensois $3,961,290 4,026,054 $235,706 taxes— company has and Tele-Vogue 1950 $4,261,760 & the Tele-Vogue operating income.. June 1957. for the and licensors. extended expires 30,. sufficient CAPITALIZATION income—net : Common Gross income Balance Earnings 170, ! stock for per p. dividend common common 886. share and — surplus——. (100.000 shares)__ (par by 1954 30, The GIVING phonograph sets under RCA license expires to Dec. 31, 1959, The : Tele-Vogue but company manufacture EFFECT Sl)_ each stock offered of may FINANCING NEW TO $273,617 29,400 29,400 $266,262 $244,217 $2.66 $2.44 are set forth of names the the number principal of shares 1,1 Shares < Shar< Ames. Emerich & Co., Inc. 40,000 Bacon, Whipple & Co Piper, Jaffray & Hopwood 30,000 30.000 Cruttenden Francis I. 25,000 Mnson-Hagan, 25,000 Mead. Daniel Reeves 171, p. & 1,013.994 shs. underwriters of the to be purchased by ' 185,000 —V. Outstanding below: Kebbon, McCormick & Co. duPont extended by said two be considers that its products. 1,500,000 shs. and 56.887 $295,662 requirements stock $330,503 83,146 ... income Preferred —V. $378,807 — deductions stock UNDERWRITERS—The common Net company used in is pur¬ FINANCING Authorized $25,000,000 Forty-year company RECENT TO EFFECT GIVING debentures,-due April 1978 the Service Corp.—Earnings— 12 Mos. Ended March 31— Income Bonds Sold in 1949— ;■ '' '" equipment, r patents 118,000 336,000 p. 'I ' substantial .amounts remain on a high raise to the Thirty-year 3 V*% Dec. Utility changed ' ; its construction activities as the of continue to company as long ;v.'V /; < ' money . America i Middle Other outstanding for additions and im¬ including extensions, company's telephone plant. ; purposes, Authorized The 1950 The company's construction expenditures since/ the war have been requiring substantial amounts of new money. Since the beginning of 1946 the company has increased its funded debt by $30,000,000 and has sold $43,909,500 par value* of stock through offerings to stock¬ holders for subscription at par in 1946, 1948 and 1949, (About 99% of the 1946 stock offering was purchased. In the 1948 and 1949 offerings the American company purchased all of the shares offered to It, but only about 13% and 16%, respectively, of the shares offered to other shareholders were purchased.) It is expected that it will be and ] (net) Operating Michigan Public Service Co.—Correction— 27, at corporate provements March on rights to subscribe for* 183,918 additional shares par ($100 per share) in the ratio of one share shares then held. The rights expired on April 28, 1950. given stock sale toward repayments of advances Telegraph Co., parent, and, in the event that than sufficient to repay such advances, to $2,963,742 2,535 income Registers average 1785. p. of recently common $1,683,453 $18,831,008 $16,822,947 1,328,247 15,460,609 13,859,205 1,311,248 .. Balance . de¬ to Co.—Addi¬ Telegraph & common upon pesos Telephone ufacturers. $89?,115 stock (including those payment of which is available income but not including arrears thereof), taxes^- income ductions Divs. $120,643 NOTE—Exchange revenue $1,317,649 benture rates. oper. Interest 1949—12 Mos.—1948 $1,190,221 " States Stockholders were gineering Currency) 169,000 interest and Gross $92,087 —— 1085. tional Data Re Stock Offering— Vogiie Subs.)—Earnings $48,357 accrual annual exps. Other $1,704,464 $19,335,831 $20 289 113 1,612,377 18.145,610 18 971 464 1,735,596 loss!— ♦For Canadian 1949—Month—1948 from opers. expsvdncl. depr.)' earns, Net in $310,071,,y income promoters 1950—Month—1949 $1,660,277 revenues Oper. Net 1 (net) —V. 1948 $7,733,281 2,435.060 tax Mississippi Power & Light Co.—Earnings— the State Mexican Light & Power Co., Ltd. (& (net)_-.__ income Gross pany's $8,010,835 income taxes stock filing for $1,713,584 otherwise cmplojed it is used by the company to income Earnings Vice-President.— Hospital at Utica, N. Y., was started by this corpora¬ tion immediately following announcement by the Public Works Department at Albany on May 17 that a $3,786,000 contract for the building had been awarded. This company was low bidder when tnds were opened last March 22.—V. 171, p. 2098. the 46,659 2,883 mortgage used scheduled were Common Scott Corp.—New Contract— & construction $436, 768 income oper. owned scale 102,590 $426,495 $1,558,523 $1,661,113 12,177 Net 144,000 57,057 first mortgage was ♦After Full 100,291 CAPITALIZATION $63,042 consummation company Common J. 24,,955 __ _ plant, other than buildings, of the chased from Western Electric Co., Inc., an affiliate. 27,276 • share— to the of the first Preferred . board. vHi7nryp, W. Johnstone has been elected /U, 2131. $1,613,293 24,744 leased $398,202 131,800 : Year Ended Dec. 31— Total gross revenue company Merck, plant Practically .I:'-".:., holders Profit W. $411, 812 constructing Mississippi Power Co.—Earnings— 2131. the $401,751 electric from level.1 "" - outstanding--.^—: 1950—12 Mos.—1949 $2,721,112 $11,159,141 $10,170,577 2,309,239 9,545,848 8,612,019 revenues^-* oper. $3,029,722 50,717 1299, p. $900,000 355,787 share-- 1950—3 Mos.—1949 $2,975,289 2,573,538 expenses & Net j prior $2,789,105 taxes- Operating revenues. of 1948 ' $386,051 stock- common $1,500,000 $457,379 355,939 George Oper. practicable as 17,867 James J. Kerrigan, a Vice-President of elected President to succeed Gross com- Middle .r^YY/;. "C' $134,298 stock___ common * Minneapolis Gas Co.—Financing Approved— 475,245 been New receive into The 2,251,258 I class period series Merritt-Chapman by West holders,- representing 1 charges i per Net V» Middle Corp„.,would 1950 Buckeye Forging Co. — $1,600,000 ♦$7,895 the • 1951, after which date the rights of The final cash distributions, after! cease. $3,377,105 588,000 ,r'■' . PROCEEDS—The of held 28,210 shares ♦For Federal of V Y . certificates Assets Merck & Co., Inc.—New President— Chairman will and made '\ certificate such liabilities, after Earnings 1947 17,816 p. is 2098. Middle Corp. March 31— Fed: on $7,341,465 stock 170, all 1951.—V. Common authorized outstdg. com. The conversion before Dec. 31, or est, additional $4,864,753 require. ♦Deficit.—V. offer reorganization deductions Dividends charges com. the p. the West account holders of on season of 1951.— $4,038,396 —_ shares time 171, 1888.' p. - stk. common period End. Mar. 31— Arkansas ' of part $3,433,970 and Common 1950 the with of upon Middle the income The Net for Dividends basis southwest for 15; 1986 McQuay-Norris Manufacturing Co.—EarningsNet stocks common basis. be Ieady f°r occupancy for the fal1 2227 the of at connection Months Ended Net • that $3,480,463 dividends 171, —V. year. recently announced plans for another Mr, Ma# said that construction is now in expected shares amendment.—V. The v"Net income of company's and Cp 170 determined was on the store PWss V to and predecessor of security Prov. at remainder Referring rights to the cash redemption prices, will direct the companies to issue and prevailing in Co., Corp. Other 3.27-to-l of beginning of the $916,690 ■ accept¬ their Sales, less discts. and allowances. 1 government securities aggregated $32,426,721, the end of the preceding year. Merchandise inventories totaled $41,393,234, stated at cost or market whichever is lower, compared with $41,026,330 a year earlier. Of the total inventory, stockholders of issued Total ; , and against 588,000 $6.52 V, . 31, 1950, amounted to $124,- $38,146,690. of Preferred May 19 issued its findings and opinion in connection ' liquidation and dissolution of this corporation. The on payment 6 342,004 minority interest." Jan. were of 400,000 shares of the outstanding pre¬ total a holders to subsidiaries. Miller Manufacturing Co. (& Subs.)—Earnings— ; 19,650,653 $5.79 income stocks involves offered waive an plan 'after Dec. 31, $. 18,092,371 335,502 147,000 above .prioj capita distributions, would be converted into cash and the -proceeds would be distributed to such persons upon surrender of their 392,915,446 407,266,466 earnings 147,000 make temporary bank preferred stocks, to be of the new financing. 1949 •„$ , sales Common in stock such ♦Net will ^certificates on May Department Stores Co. (& Subs.)—Earnings— Net be three similar distribution West 170, p. 2026. Year Ended Jan. 31— proposal to the conditions Utilities $347,135 share per $4,068,468 income net Income provides for an initial cash distribution at the rate of $2.50 share to the holders of common stock of The Middle West Corp. Holders, of scrip, certificates, receivers' receipts;,-, and certificates of 304,700 $139,945 $1,063,690 to Mississippi, plan $250,865 capital shares Earned of preferred ,per 150.000 i profit 1,563,627 $944,789 deductions—.— Income i to redeem, at $110 per share $6 proceeds the upon Middle-South The SEC 801,835 365,300 235,77-1 $4,429,790 1.052,685 Middle West Corp.—SEC Issues Opinion— , $3,650,463 961,247 $5,632,095 The offering 1947 $3,946,562 85,750 of preferred -deposit 153,750 South stock, set forth with 225,695 of announced the issuance of an 5 June offer to ;■}market -mon Net • Mississippi; and Middle South in turn will issue its own shares *to those stockholders who accept. The number of Middle South com¬ mon shares which each preferred stockholder may; acquire will be -determined by the respective call prices of the preferred stocks and by , $2,579,234 $1,299,461 26,270, Mountain States Power Co.—Earnings- and for construction. the from 19 May on Middle deliver has ; $1,332,343 387,554 • and mar¬ taxes-__ 59,922 construction. shares 44,476 hours 48 stocks such "on Phila¬ inven. income . Maclean.— : ■ . 1949 $2,709,069 after ket director Alexander a late 182,865 income—— Gross three companies would effect the redemption of the for common ing Co.—Earnings— sales Profit and the . Master Electric redeem, at $110 per share shares of $6 preferred of to the to SEC The by the public. South p. .2098. Quarters End. Mar. 31— shares be used would outstanding the within hearing its Massachusetts Mutual Life Insurance Co.—New Pres.— been the necessary, ferred payment of the full redemption price of $110 per share plus accrued dividends amounting to $1.75 per share will be made upon presentation and surrender of preferred stock certificates at 135 $4,246,925 127,227 Preferred order scheduling refinancing proposals of the three units and the proposal of Middle South Uti.ities, Inc., parent, to .offer its common stock for sale to present holders of preferred stocks of the three subsidiaries which are to be called for redemption. Immediate Co., $5,504,868 2,850 Consol. (ll to redeem the 47,609 of $6 preferred of Arkansas used be 45,891 $3,450,000 of serial notes, The a the same date, the company called for redemption on June 12, all of its outstanding first mortgage bonds, series A, 3%%, and called for redemption on July 1, 1950, all of its outstanding shares of 7% preferred stock. The redeemed bonds were owned by an institu¬ Fidelity-Philadelphia Trust delphia 9, Pa.—V. 151, p. 2050. $1,302,311 their call price of $110 per share plus dividends, (3) and for construction. at proceeds dividends, repaid On V. and the remainder for and borrowings 1950, the $1,358,613 competitive at sale for The Mississippi proceeds would be used period — owned Operating income Non-operating income- ( Oper. Marion Water Co. Securities Placed Privately—On May 12, 1950, the company issued and sold $1,250,000 of first mortgage bonds, series A, 2%%, due May 1, 1980, and 4,000 shares of cumulative preferred stock, series A, 4%, such securities being sold to institutional investors. was 1« Bal. would proceeds dividends, repay investor, but the preferred stock 18.315.016 par. offered be 5.000.320 off $5,000,000 of serial notes, pay Louisiana to are preferred $7 Louisiana plus If tional Woo- 5.'019.083 ovnoii«(i<i on . 2300. p. to The other income, less its expenses and a contingent provision of $50,000 for taxes for the period, were $611,961 or Arkansas of outstanding * during the first three months of 1950 from its constitutent banks and $100 cumulative, the SEC with filed were construction. for as The . mow NOTES—These earnings are Dividends stock, securities well as 1950 and $887,800 shares . to the New only, $1,373,252 for taxes of $850,500 in 1949. statements bidding, '.and. the proceeds will be used to redeem outstanding preferred shares of the three companies plus serial notes of Arkansas and Mississippi 1949 ■ $1,334,623 , preferred These 5,600,000 revenues shares ♦After contingent provision in of trust companies and affiliate) Quarter Ended March 31— ♦Net .operating ; 1950—3 Mos.—1949 .... 1950—12 Mos.—1940 $6,377,696 $6,302,631 $23,819,884 $22,520162 • revenues---A/. t,nxes_" $797,789 Corp.—Earnings— (Incl. its constituent banks, Earnings $1.70 $1.97 Operating May 23 by the following subsidiaries of this company covering the securities speci¬ fied: (li Arkansas Power & Light Co., $6,000,000 of first mortgage 'bonds, series due 1980, and 155,000 shares of preferred stock, cumu- -, lative, $100 par; (2) Louisiana Power & Light Co.,v: 90,000 shares ot preferred stock, $100 par; and (3) Mississippi Power & Light Co., *$7,500,000 of first mortgage bonds, series due 1980, and 85,000 shares Registration 2,324,920', 1,300,000 950; Marine Midland Common $29,125,462 2,678,641 1,300,000 Period End. Mar. 31— * Commission ter- Securities with Securities and Exchange 1950 Monongahela Power Co* (& Subs.)—Earnings— , Subsidiaries Regis¬ Middle South Utilities, Inc.—Three * 1949 1950 - Chronicle ...;£ Monday, May 29, Commercial and Financial The (2198) & Co.__ Co 2099.1 - Lerchen & Co.Grubbs, Scott & Company Watlir.g, Inc. & 15,0( 10.0C Co.^— Inc.-- Miller & Co 20.0C - 10,0( 10,0( m Number 4911 171 Volume ' . , . The Commercial and Financial Chronicle . -" National City Lines, Inc.—Earnings— "... (Including Wholly-Owned End. Mar. 31— Operating revenues,—, 1950 * 3 Mos. New Subsidiaries) " *1949 Dictatype 1947 , $7,305,637 $8,066,177 $7,851,994 Operating expenses —6,532,800 7,140,401 7,088,363 i 1 income Income Total $772,837 288,051 operations-'; from Inc. $1,060,888 — •Other deductions——_ $925,776 $7,527,798 6,723,177 corporation common The 313.758 $1,125,274 $977,410 $1,118,380 476,093 , 397,093 575,294 . stock and $621,374 income Net Earns, com. per flected New to at be offered 1 $3.50 used 1,415,363 $0.38 public for Federal of to except income extent in other income.—V. 170, 171, 1299. received, : ; ; not are charges and 1947 Operating Oper. , , shares ' and sell the 1950 and for The ' 1948 1947 $1,824,908 $2,368;i21 $0.93 $1.21 taxes (and contingencies).—V. Year End. Jan. 31— [ j 1940 1949 , ", ; 1948 ? . ./Net oper. Other 2,541,417 $505,940 $489,306 9,143 V (net;)-.' in 1917. p. $4,697,174 117,929 All , $498,449 $4,815,103 1,376,250 229,783 . reserve Divs. - r Book val. of Inventories ' 9,577,760 10,497,080 466,373 ' V'347,000 '347,000 782,140 782,140 $3.32 $4.12 '• outstdg.- Earnings 782,140 share—2L per '"After hand_„^ on shs. . $1.87 * V *. giving effect to reclassification of "lifo" Net income $363,324 $3,209,070 369,541 " 1- -$26.89 9,816,768 Balance —V. 171, $5.45 NOTE—During the year- ended Jan. 31, 1950, the corporation acquired of the outstanding capital stock of the Ro'senfield Dry Goods Co., Baton Rouge, La., for cash and its sales and profits are included in the for : ____. * 1950.—V. 171, p. York Operating & income before for Prov. on share a 2099. for share ' , ; , ^ % have Funds for this redemption $1,600,000, of which $500,000 have been provided $1,100,000 from two $100,000 annually annually from 1951 to from 1956 to will banks. 1955, 1966. Ohio Bell Telephone $2,839,529 Cuba Period End. Mar. 31— See by long-term from come The and V. bank loans insurance an loans will mature the 171, insurance loan f $100,00© 2099. p. Co.—Earnings— 1950—Month—1949 ' 1950—3 Mos.—1949 ' revenues Uncollectible $2,754,671 $10,602,386 oper. $9,163,960 $30,696,506 $27,138,750 25,325 91,641 74,466 27,623 rev._ Operating revenues $10,574,763 Operating expenses 7,239,298 Operating taxes _r—— 1,697,530 $9,138,635 r Steamship Co. Fed. f $2,401,535 _ taxes——— income Subs.)— 1950 — income (& : 4,875,992 3,608,765 income $1,637,935 $928,620 $4,703,206 $3,028,586 charges.^ 1,648,592 940,952 4,633,613 3,042,503 k 1949 Net $3,002,048 "77,179 13,001 "$88,469 Net 119,144 11,290 t$ 106,143 taxes.--.— $30,604,865 $27,064,284 21,025(667 20,426,933 7,046,910 1,163,105 — Mail Quarter Ended March 31— Profit reserves. * — 782^815 ; 1 stock to 20b9. p. New 441,500 - —_ * be preferred shares outstanding shares of 5% cumulative preferred stock been called for redemption on July 12, next, at and accrued dividends. Payment will be made at the Wisconsin Trust Co., Milwaukee, Wis. Operating 1,108,989 20,495,799 the from basis. of 21,370 the totaling 369,548 stock $4,267,821 additional of stock are to be used to convert the Eugene plant to improve and expand present operations.—V. 171, and company- and $3,124,219 period-.. $388,219 ,— . $29.64 $31.95 debt—.i—__ Long-term $31.58 "21,620,767 stk.„; com. ■—^ • $3,224,045 1,173,548 21,590,897 1,173,210 capital—1 Working 12 —.———; $2,600,180 1,173,210 "21,468,923 8,805,108 stock— com. " ■ 1 surplus—$1,460,613 on Com. "40,000 —— —: , to the share common issuance common 230,474 , gency each the share per First V 1,186,667 20,437 shares, for approved authorized proceeds $100) $101 $4,541,360 114,688 of ;(par 94,044 114,688 bonds mtge. 33,055 preferred io the Nunn-Bush Shoe Co.—Refunding Preferred Stock— $4,447,316 11,782 on increase Room • $35,919,637 $35,246,235 31,222,463 30,798,919 of March on conversion gas on June 6, ^ $514,689 Int. net to share one to ]» 7 for the purchase as a whole of an issue of $60,000,000 of 34debentures due June 1, 1984, will be received by the company 2315, 195 Broadway, New York, N. Y., up to 11 a.m. (EDT) year at 1949, ; . Net •"» Bids . 1950—12 Mos.—1949 $3,030,723 2,715,509 8,749 revenue—v_ income -1947 sales—$78,466,644 $90,073,558 $88,117,315 $85,821,976 Net inc. before taxes— 1,935,613 • 4,372,180 5,274,045 7,217,821 Income taxes 475,000 1,732,000 2,050,000 2,950,000 Inventory and contin; • Northwestern Bell Telephone Co.—Bids Invited— \ Net f f 1463. / Die.—Earnings— $3,221,449 deducts-> $250,000 170, 1950—Month—1949 revenues-—. revenue for propane 'p. $1.41 for reserve of voted • 1949 income basis stockholders and shares -reserved • . National Department Stores, Inc. (& Subs.)—Report— ; The 10,685 Dictatype $2,760,184 Federal the on stock ' of $0.13 Period End. Mar. 31— re¬ which " * - - are 25,000 1670, p. New Orleans Public Service dividends of p. 1948 ' subsidiaries share held. $253,899 share—__ per "After taxes. partially-owned Stock — .« " manufacture $0.35 operations ■ Jersey Zinc Co. (& Subs.)—Earnings— Quarters End. Mar. 31— profit 1,415,363 $0.43 the to share, per to accessories,—V. "Net $543,085 1,394,563 above, in included $580,316 1,394,563 "Including provision NOTE—The $649,181 sh.^$0.43 outstdg.- shs.. Com. $1) are its May on (par proceeds Earnings i Del. . $804,621 213,779 199,498 Wilmington, new -The $763,630 ' 439,515 , Inc., • machine i Other Co. Offered— 1948 "' • (2199) - oper, after —V. 171, 1571. p. all the accounts from September, the month of purchase.—V. 168, j Net profit./— "Loss. 1484. p. ? —— tAfter minority interest in profit.—V. 170, Ohio Public Service Co.—Notes and Bonds Called— 1702. p. Holders of this company's serial notes maturing June 1, notified by Ohio Edison ' National v High— Securities & -V:Yi;?/'CY •;E; / . Henry J. Simonspn, Jr.,; President, on May 28, in announcing results the fiscal year ended April 30, 1950, said that assets of National \ June Research Corp.—Assets at New for New York and Honduras Rosario Quarters Ended March 31— Y N. .& N. Y. Honduras Rosario and El Salvador Mining Co.—Earnings 1950 Mng. Co. tl949 $123,943 Mng Co., Inc. 1948 $170,822 ' a new high of $62,657,381 against $43,877,947 with 13,200,620 shares outstanding owned by 42,846 share¬ holders against 10,123,535 shares and 35,839 shareholders a year year ago, ago. U The 21 Tenth funds in Annual Report, comprising 48 pages, shows that of series, the greatest increase in net asset value the "Loss. the per "2,688 Starch Products, Inc.—Common Industrial use, is leading a manufacturer of adhesives for of Period End. Apr. 30- and makes cipal adhesives, a an general line increasing starch of number products starches corn of from, and specialized more, tapioca, and sago starches, other It also bases. fields of use, in addition to its own adhesives, are the food, and paper-making industries. " company's manufacturing plants are located at Duneilen, N. J. (adhesives and the processing of specialized starches and dextrins), Indianapolis, Ind. (starches, dextrins and some adhesives), Chicago, The ill. (adhesives) and San Francisco, Canadian subsidiary has plants where adhesives, paste powders at Cal. (adhesives). Toronto, and hide A GIVING STOCK EFFECT STRUCTURE TO MADE CHANGES IN MAY, "Includes 36,667 shares reserved convertible stock being preferred for each subject to stock share for at of IN CAPITAL 90,830 90,830 44,000 shs. principal Net "600,000 shs conversion the such rate of of interest) authorized A first approximately to Dec. 1, preferred common by company mon stock each old stock, $1.40 of cumula¬ share a stock—the of conversion and requires $8,408 each (including both when the remaining balance 1958, stock, class shares no amendment reclassified without share) share. of the In 350,000 (on the basis shares of with this connection A. second which shares of 50,000 value par into of company's new preferred outstanding class B of seven common new com¬ shares stock, par The Weeks Ended— profit before taxes profit Mar. 26,'49 $1,696,739 $1,525,447 610,000 635,000 590,000 : $997,375 $1,061,739 769,380 769,380 $1.27 $1.33 share $935,447 641,150 $1 40 ~ Months Ended March 31— iterating perating general revenues : expenses, taxes prov. 1950 by —— V. $1,580,626 131,680 ——_ — income _ tax to surplus common per 170,992 returns* 1462. 563,436 Crll7,780 Ontario Commission $10,500,000 following in authorized 17 also authorized and bonds the Service Water debentures the merger, will be will City, made 120 the at North National > • 171, denied without prejudice calling for a 10-for-l split Water The Commission indicated stockholders common would it have $4.38 104.2% and and accrued accrued interest; interest. and / National Bank Trust & Co. Okla¬ of St.,; the • ' , J, Radio Co.—Name Changed—Stock Offered— Pacific Mercury Television See Mfg. Corp. below.—V., 171, 1787. p. to The company filed a registration statement with the SEC on May 17 covering $80,000,000 of first and refunding mortgage bonds,' series T, due June 1, 1976, to be offered for sale at competitive bidding. The net proceeds of the bond sale are to be used to finance, part, the company's construction program—V. 171, p. 2100. a com¬ refund assets k';'" third pro¬ of its 46,532 a reconsider the 2099. p. is to offered for sale by The ' at $3.50 share. per Total Oil selling stockholder. CAPITALIZATION "Common income Federal Bank 1950 1949 $1,304,392 taxes "In May amended $10) (par of to On per 500,000 to Standard and Standard the ment is on 24 hours will Buena Co. in the purchase Hills Vista notice.—V. Max the and oil an production Maricopa can into whereby of $94,824. $664,733 the aggregate amount of 271,659 271,659 the company's general funds $2.45 oil sales agreement effective March 21, North of oil fields. American This sales agree¬ be cancelled by either party on 1950 Depletion mineral 37,205 11,420 15,293 41,500 19,711 35,372 $129,726 name Bell Cabinet Cabinet & Television —- operating Other income—. income Net income before income Federal provision for Federal Earned for Radio Co.. 455,915 surplus at end of period— $862,795 $743,708 $610,575 $0.34 $0.43 $0.67 of 40-cent to Co.—Rights Expire May 1— that Messrs. the The remainder for used California name having in October of May 1950. of will working on 1948 April been and The he added to capital. 22, 1946 under the changed to Pacific Pacific Mercury to Company located at 14500 amounts of Aetna names * of Van St., the Nuys, several Calif. underwriters j and the the & Co Shares Shares 35,550 :— Inc. 6,042 31,900 4,100 4,000 ' 31,900 4,100 4,000 16,875 " 5,958 ' 4,100 131,250 Hill, Richards & Co._ Wagenseller & Durst, 4,575 31,900 Bingham, Walter &. Hurry Total 20,000 Pan American World Airways, Inc.—Secondary Offer¬ ing—A secondary offering of 366,954 shares of common stock (par $1) was made after the close of the New York Stock Exchange on May 23 at $9.37 xk per share, with a oversubscribed in 40 minutes. stockholders of record April 3, 1950 were recently given on or before May 1, 1950 for 21,370 shares subscribe cumulative in¬ companies, dealer's discount of 40 cents per share, by Lehman Bros., Emanuel, Deetjen & Co. and associates. The offering was 2438. common right shares — affiliated the President $154,659 645,199 (230,800 and in in Co. Corp. Mfg. are Lester 59,625 $98,509 Northwest Cities Gas The the 31,555 $78,125 p. Benaron, holder, and the nun ber of common shares subject to options to bo given by the selling shareholder and Joseph Benaron (Exec. V.-P.) to each underwriter, are respectively as follows: I ' ' By Selling Subject By Company Sharehldr. to Option. $214,284 22,074 period--. $130,064 784,669 per share outstanding) 170, $100,199 tax to each 50c). company from in part to pay understands Shares at beginning of period surp. Earned —V. income and (par 131,250 presently authorized but unissued /common shares to be sold by the company, the several amounts of tho 16,875 outstanding common shares, to be sold by the selling share¬ for tax__ shares is primarily in the assembly and sale of television receivers and radiophonograph combinations. The major part of the company's sales at present are made to Sears, Roebuck & Co. The company's executive 152 off„_—45,212 the used were shares convert engaged $214,132 338 and leases Properties written $306,421 47,626 $99,940 rights 1948' $234,145 52,079 258 of 1949 $208,651 $10,850. COMPANY—Incorporated several Co., Inc.—Earnings— income by Joseph company to common be and and 50,000 and Benaron and one other officer of the company's wholly subsidiary, Mercury Television & Radio Corp., will at the samp repay their indebtedness to such wholly owned subsidiary, in offices Three Mos. Ended March 31— Operating The Incorporation from owned 170, p. 1085. Operating expenses will Vice-President, respectively, amount $662,807- of 50c) (par Stettner $2.06 entered California of day to day basis and a Articles received shares common Messrs. Executive to be proceeds 131,250 to 500,000 shs. Stettner share Oil the of Outstanding - capitalization shares common 271,659 271,659 the company 1950, 2. company's authorized 200,000 outstanding— common March the its 864,733 — shares Earnings with the 1950 change 150,000 —_ ___i paid FINANCING $2,500,000 - 708,931, taxes_ NEW 500,000 shs. .. — $558,931 income profit Common TO —— cents) 50 (par loans time Net Dividends EFFECT ($10 par value) stock debtedness $1,115,505 before for GIVING Authorized Capital stock sale Consolidated—Earnings— income Profit Prov. Of these shares, 131,250 are for the and 16,875 for the account of a company outstanding capital share (par $10) into 12% 1995. p. i consisting of Lester & Co., Bing¬ ham, Walter & Hurry, Hill Richards & Co. and Wagenseller & Durst, Inc., on May 19 publicly offered "as a speculation" 148,125 shares of common stock (par 50#) account of the be - Pacific Mercury Television Mfg. Corp.—Stock Offered— on May 23 filed a registration statement with the 189,263.1 shares of its class A stock (without par value). stock in A group of underwriters of approved the proposed Quarter Ended March 31— 265.767 $4.02 of ; Cabinet, & PROCEEDS—The $1,163,356 265,767 „_ First Robinson Bank / Pacific com¬ Corp., the total have however, North American Crl38,24o $1,068,001 _ stock outstanding— share $1,663,271 74,720 514,944 (net) taxes resulting from filing of consol. p. The April on Lake & 82,645 $1,636,158 - deductions from at 103.95% outstanding first mortgage 3 V* % bonds due Dec. 1, 1978, for redemption on June 22, 1950, at 105.33% and interest of $18.15 to the redemption date. Immediate pay¬ Chase corporation 171, Prov. ______ 1978 at called ' . . 7,787,397 and —— CrpHu10" icr Pedefal income 1 due 1979 Oklahoma City 2, Okla., or at City of New York, 11 Broad St.r New York 15, N. Y., or at the Continental Illinois Bank & Trust Co. -of Chicago, 231 South La Salle St., Chicago 90, 111.—V. 171, p. 2100. . parent United Corp. "in ordinary brokerage transactions from time to time on the New York Stock Exchange at current market prices through regular members of such Exchange." No underwriting is involved. In addition to the 189,263.1 shares of class A stock of Niagara Mohawk, constituting 9.8% of the outstanding shares, United owns 1,072,830.72 shares (14.3%) of the Niagara Mohawk common stock.— $9,368,023 $1,504,478 —_ retirements (net)_ Oth?aL L"00"16 winer 170, sell York New shares. Earned armngs and corporation, The 1949 $8,930,433 7,425,955 — for income income Sh?rlanCf of Commission subsidiary. issue Net income Operating Uiner S. P. Rochester Commission, Net New Bedford Gas & Edison Light Co.—Earnings— 12 .• $4,185,760 former 1888. p. series due the been homa 823,386 Niagara Mohawk Power Corp.—Registers With SEC— Mar. 27,'48 $1,607,375 common shares——.^— per York merge North Central Texas Oil - — Co. has also called for redemption on June 24, following outstanding first mortgage bonds of The Co.: 2%% series due 1976 at 103y8% and accrued the series of All ment $5,009,146 -f # f Edison of UNDERWRITERS—The Mar. 25,'50 taxes-— federal 171, with returns 343,000 v $4,785,597 ——— SEC covering National Tea Co.—Earnings— 12 pUmber of 69,000 —'— -? %;■• .. — — __ $656,546 677,558 New to 1950, earned ;•■;%, ——— $5,463,155 wholly-owned pany from the Co., 11 The $426,050 to pany company reclassification, the common Ohio 3% have New York Water Service Corp.—Merger and Refund¬ ing Approved—Stock Split Denied— for value Trust maturing Pacific Gas & Electric Co.—Registers With SEC— stock were outstanding, certificate of incor¬ York New premium those Public Service accrued "Resulting from joining in consolidated company and others.—V. 171, p. 2099. amount of $225,000 from earned surplus account to capital stock account. On April 28, 1950, the company paid dividend of $87,500 on its common stock.—V. 171, p. 1888. transferred ~"v- 1,631,411 . eliminated Net $6,297,557 1,667,121 —— Balance 350,000 shs. the 5/6ths preferred poration. «et $7,061,276 156,433 appropriated for preferred stock divs._ Amount The of Value. class income split.—V. -■' "■ '-.i' CHANGES IN CAPITALIZATION—The company, in May, 1950, reClassified ,its 11,000 shares of class B second preferred stock (par $100) (on basis of four new shares for each old share) into 44,000 shares of new $1.40 cumulative convertible preferred stock, $25 par « $582,483 135.789 The for 1, 195§. Redemption trustee, 100 Broadway, t - Federal application after the adjustment. payments and becomes due. per .2,686 44,000 shs per annum semi-annual $1 $6,294,871 2,921 $792,335 in income taxes common $600,000 1,087,500 NOTE—The Canadian subsidiary of the company has outstanding indebtedness of approximately $172,000, secured by a mortgage the property of that subsidiary located in Montreal, Canada. This indebtedness bears interest at the rate of 4'/a% The $7,058,355 Dr 70 income "Reductions posal Outstanding on The $582,553 185 (net).— $25,000,000. an and $792,150 $48,383,653 $45,572,535 41,325,298 39,277,664 ' Gross The $600,000 .___/ were 3,235,485 Income deductions (net) 1950 1,087,500 Other notes (without int.), due 1950-56 $1.40 cum. conv. pfd. stk. ($25 par val.) Common stock ($1 par value) irate 3,560,915 principal amount those maturing June as June Immediate outstanding debt. produced. are Authorized promissory notes, due 1950-56-debenture bonds, due 1950-63- common owned Ont., and Montreal, Que., glues 2]/4% tive $3,818,038 the for to Co., payment will be made at the Guaranty Trust Co. of New York, trustee, 140 Broadway, New York 15, N. Y., upon presentation and surrender of said bonds.—V. 171, p. 2100. 1950—12 Mos.—1949 $4,353,065 of 1.50% at interest;. 3Ve% 195C—Month—1949 .income—_/ income The CAPITALIZATION 3% wholy to 1951 on 15, N. Y. all Ohio Prin¬ textile ) The next, Corp.—Earnings- makes dextrins, and has devel¬ made York 'w and p.* 1601. adhesive sells $0.76 administrative being are Oklahoma Gas & Electric Co.—Bonds Called— Operating Other converting, and oped $141,893 $0.91 York be .25% 1951, the selling in this country and in Canada a comprehensive products used in the fields of packaging and paper also serving many other industries. ,> (. A manufacturer of corn starches for many years, accounting in 1949 for approximately 5% of this country's corn starch production, the company uses roughly 20% of its production in line 170, from 1, will ——— $168,134 $0.60 New of New York State Electric & Gas Stock Over¬ ' $110,724 shares 1950, ranging June inclusive, company, that such serial notes will be redeemed at principal amount and accrued interest plus a New "13,219 allocation to as Operating revenues-,_— Oper. expenses & taxes- subscribed—F. Eberstadt & Co., Inc., on May 23 publicly offered 95,000 shares of common stock (par $1) at $20 per share. The proceeds go to certain selling stockholders. The offering was oversubscribed. V BUSINESS—Company (Revised expenses.—V. general share, during the past year was in the Low-Priced Common Stock Series—which increased 40.63%. Industrial Stock Series was next with 39.96% increase and Selected Group Series third with 24.60% increase. V. 170, p. 1916. Y National 24, ' - Consolidated net earnings Earned per share on 185,632 / 1956 " $141,893 Securities Series reached a 1, successor convertible preferred stock (par $5) at $10 per The of shares marketed represent slightly less than 6% of the total outstanding and were the entire holdings of Avco Corp. in Pan American. Victor Emanuel, President 6,136,115 shares Manufacturing bf Avco, said that the divestment was one of "general policy." He tJtplained that proceeds "will be used further to broaden Avco s position in those fields in which it has manufacturing operations. Lfcst week, announcement was made that Avco bad invested more than $2,300,000 in Bendix Home Appliances, Inc., by the purchase of 167,500 shares of common stock. Included in the underwriting group, in addition to Lehman Brothers and Emanuel, Deetjen & Co., are: A. C. Allyn & Co., Inc.; Bache & Co.: Blyth & Co., Inc.; Goldman, Sachs & Co.; Hemphill, Noyes, Graham, Parsons & Co.; Hirsch & Co.; Hornblower & Weeks; Kidder, Peabody & Co.; Carl M. Loeb, Rhoades & Co.; Merrill Lynch, Pierce, Penner & Beane; Paine, Weber, Jackson & Curtis; William R. Staats Co.; Straus & Blosser and White, Weld & Co.—V. 171, p. 195. Pandora Metals, to continue share, Interest Net 1555 President is paid on common 1949.—V. having a "The . to gas serves; markets our directly population of connection Panhandle Middle the the Trunkline system West 1,691,000 in position, not, only through delivery capacity, hut also by making our position even^ more secure in regard to natural gas reserves. Trunkline, Gas Supply Co.'s esti¬ mated-reserve of available reserve trillion 2 to Panhandle the the brings Eastern system See also Trunkline Gas Supply Co. below.—V. 171, p. 1889.; , Panhandle Producing "A Refining "/..Quarters Ended March 31— / Ca operating income™..__ Costs, operating charges, gen. exps. and taxes. Dry hole costs, depreciation, depletion and un¬ developed Net operating prices plus income-—.— Federal ■■ — ..'..'J'.c/ Net income for 7 $532,072 7; - .119,160 80,000 89,008 < Period End. April 30— ; ' '■ Net sa'es applied j and Prov. i • for Fed. taxes. 832,532 . inc. taxes . 171,000. L._^-• Net profit>t. $519,532 shares outstdg; Earns, per com. share__ 827,754 . —V. 170, 2438. p. $0.50 , $0.43 - 632,393 ,. $3.52 Nil y, „ 31, to 1950 - - sinking ing April r ments of-the net Co. Assurance the ($435,900), to property additions ($250,000) for capital expenditures. - treasury to purchased $500,000 by State .Worcester, Mass., and $250,000 by Co. of Fort Wayne, Ind.- are of be Mutual The Lite Lincoln National Life Insurance , stock" •• 4% amount of bank aggregate "i -17; "1950: May on GIVING 3.90% TO In PRESENT on FIANCING (.sinking fund pay-^ 31, 1956)$32,000^000 stock'(par $100) insurance States in field.: which maintain a sales To sold.- meet operations f will be ac- 7. .7-T:;/-'the legal. requirements of accident of - and the some contemplated, and in order to surplus to company liabilities, are ratio of capital proper Subscriptions entered and anticipating^the financial Requirements of expanded capitalization .of the company is being, increased. .* operations, ^ the Company's treasury .will receive entire proceeds of this stock, fu'ly paid and non-assessable. No personal liability attaches to stockholders. —V. 171, p. 1787. - 1 Public Service Co. of New Hampshire—Earnings— > 350,000 4 % sns. ' V 189.G52 3,000,000 shs. , f ^ - ity'* $5)._ Period End. Mar. 31—7 1950—3 Mos.—1949 J Operating revenues—-/ Oper: exps. and taxes 7' ' 7 • ? Net Non-oper. 2,710,891 11,391,346 10,892,277 $870,744 $825,490 $3,125,719 Dr8,030 Dr4,866 Dr31,967 2,694,467 28J19 $862,714 $820,624 $3,093,752 $2,722,586 268,232 221,175 835,477 790,633 $2,258,275 $1,931,953 (net) income $13,586,744 2,956,800 income— oper. 1950—12 Mos.—1949 $3,536,381 $14,517,065 $3,827,544 ■'V-:'7'' • ^ ^ (par share > $32,000,000 series . addition health ' f- Outstanding:/ March series^_ta_^ stock out- for each account, A/.Vjf, EFFECT series Common loans surplus cepted until midnight;-July 1, 1950. .'/-./-v ; PURPOSE OF ISSUE—The company has debentures,.'iv 1966 in to outstanding $1,000,000 of commercial paper, was preferred issuable • of •*. fund 1, sale added will. be proceeds are received by the company. $54,500,000 on March 31, 1950 * •> the from company common totaled $49,750,000 there commence Cumulative f $3,030,154 636,893 ; amounted 2%% ... c;*,7 , bonds - Authorized *. 4,230,154 $702,754 632,393 • reimburse to The available for its genera] corporate purposes. equivalent to suCh net proceeds wdl be banks 12 the additioral reduction from since-retired,:-. y 125,000 ,1,200,000 $476,061 Common and > fixed'for date •• ; v the CAPITALIZATION 1950—12 Mos.—1949 647,061 ... 313,000 ,7 ; • to and substantially loans March T'1 $12,748,776. $13,861,973 $42,402,204 $64,44(^439 . Profit before inc. standing debt obligations the proceeds " to net stock the company amount Subs.)—Earnings— 1950—3 Mos.—1849 > the sinking to., the dividends ftanding at the time such $360,122 $294,747 ■ (& of cumulative preferred the redeemed through if are: preferred An •..1 Peabody Coal Co. which at " 'PROCEEDS—The new 36,219 » * , 53,444 v ™- period™-.^-™-™ 170, p. 497. Privately Placed—An issue . Bank —V. Poor & Co.—Debentures ' $568,290 income .(est.)—/. on $1.98 2228. , 335,375 • $451,050 v 17,142 taxes —V. 170, p. "~$670J>fi<} , : ^'-7* $468,192 for $2.11 (339,484 — ' accrued 7 the funds of Prov. ^ stock capital shares) 415,000 , 301,374 > income Non-operating charges 7,7.-—T.,.// of . $716,567 $1.38 — by redeemable share 1,782,070 •" ' ' profit share Per v ; Net r 61,138 76,848 15,356 365,0(J0 stock,. 3.90%. series : The' first mortgage bonds, 3'/4% series due 1966, were suspended fund, $100.75 per from dealings on the New York Stock Exchange on May 17, notice redemption; if having been received that funds are available for immediate payment redemed otherwis than through the sinking fUnd, at the prices indiof the redemption/price of 102%% of .the-principal amount and cated at. follows: $103.75 per share to and. Including May 1. 1954; ; interest accrued to the redemption date on July 1, 1950.—V, 171, $102.75 per share May 2, 1954 to and including May 1. 1958; $101.75 ^ p. 1996.. >-•■;v. v':;,:.; \■' v-,7,; per share May 2, 1958 to and including May 1, 1960; $100.75 per share May 2r I960,, and, thereafter;, plus in..each case accrue4 dividends ■;: ? Provident Life Insurance Co., Bismarck, N. D.—Rights to the date fixed for-redemptton:v ' V .7./ The stockholders on April 25- approved the proposed increase in Beginning,,: with the fiscal year commencing April 1, 1950,* the capital stock (par $10), from $250,000 to $375,000. ; shares ofnew preferred stock are entitled to the- benefit off &u. The additional 12,500 shares-of stoek have-been offered to stock.annual sinking fund sufficient >t,o redeem.or retire 1% of the maximum : holders of record on April 25, number of shares of such.series-theretofore-issued. - Shares purchased 1950, on a basis of one-half share lor every share owned on April 25, ,1950, at $20 per share, of which $10 or redeemed by the company may he used - as a credit against the will be credited to capital stock account and $10 will be credited-to sinking fund. ^ /=■;;,*■;. 7./- *..•/ .i-.i'-;;.;'1'.; 7,: is . $2,649,517 1,827,916 ; . 235,000 $467,861 * Equitable Bonds— .; inc. for $1,249,011 • lease expenses_.__„^___„__._^ Non-operating 'The of t'/ " 69.137 Prov. IJg ! V . V -<■'1949 $2,580,339 . : Subs.) (& s-.1950 \ Gross - I estimated total to in excess •"V\ •/:...,/ trillion cubic feet." 9 cubic, feet 79,003 78,327 exps.__ gen. other than Fed. Taxes by' jointly . will competitive 65,771 —- a group of 67 investment bankers headed ; t • Lehman Brothers and Glore, Forgan & Co. ' .j Bonds Called— The company has called for redemption on July 1, next, all of its The group has agreed to purchase from the company any • outstanding..first mortgage 6% 30-year sinking fund gold bonds shares of stock not subscribed for- by warrant holders. • series due July 1, 1952, at 101% and accrued interest,. Payment will Prior to expiration of the warrants the underwriters may >• be made at the" office of" the Provident' Trust Co. of Philadelphia, offer shares of common or preferred stock, either subject ffth Chestnut st., Philadelphia 3, Pa.—v. 171, p. 1572. or not subject to prior subscription by warrant holders. Potomac Electric^- Power" Co.—Redemption of Bonds— written 7 ' Supply Co.'s line with the materially strengthen our the resultant/.increase in 110,017 $48 per share in the ratio of one share for each six shares */ of common stock held. The offerings have been under- v •; * Gas Tuscola at taxes— depletion and deprec.. Prov. for Federal income taxes— and Admin, subscribe for the additional shares of common stock at v • territory a 67,884 $1,357,444 77,736 income 1940 2,478,199 its common stockhold$2,000,000 21/£%-3%% serial debentures of 1950, due May ers of record May 19,^1950, the rights to subscribe to : 1, 1951 to 1965 has been placed privately through Harris 130,610 shares of cumulative preferred stock, 3.90% series Hall & Co. (Inc.), it was announced on May 26.—V. l7o| (par $100 per share) and to 333,077 additional shares of p. 2439. common stock. Subscription warrants will expire at 3 p jh. Porto Rico Gas & Coke Co.—To Place Bonds Privately (EDT) on June 5, 1950. Holders of common stock are . This company, a subsidiary of Consolidated Electric & Gas Co. bas given the right to subscribe for the new preferred stock » received SEC authorization to issue and sell $750,000 of first mortgage at $100.75 per share in the ratio of one share of preferred -v bonds, 4 ft % series, due April 1, 1965. The-company would apply / the proceeds to the redemption of out¬ stock for each 15 shares of common stock held, and to * Pan¬ Canada. and meters 7.000,000. nearly of Eastern in indirectly and $914,843 Philip Morris & Co. Ltd., Inc.—Stock Offerings Under- expenditure of $35,000,000 to increase the Panhandle's system sales capacity by 50,000,000 cubic feet per day from Its present source of supply and to enable the company to receive and distribute the gas to be purchased from Trunkline. Upon completion of the construction programs of the two companies, Panhandle Eastern will have a dally skies capacity in excess of 800,000.000 cubic feet of natural gas against a present daily capacity of approximately 525,000,000 cubic feet. < "Since 1942 Panhandle Eastern has expanded its gas system invest¬ ment by more than $71,000,000 in order to keep pace with the ever¬ growing demands for natural gas on its system.' In the next 15 months we will spend nrre.than $120,000,000-on Trunkline and Panhandle Eastern In order to bring more abundant supply of handle ~$T2444^ 23,624 misc. ,1 written-—The company is offering have natural $1,333,819 21,303 and Total 112,500 Equitable Gas Co. above.—V. 171, p. 1571. See Maguire, Chairman of the board, on May 24 said: "The authorized the construction of facilities involving an G. Preference Stock— $893,540 operations income— from Income 1787. p. To Redeem $6 Co.—Expansion Program Panhandle Eastern Pipe Line William ;r Philadelphia Co.—To Sell Part of Dayton St., Aurora, Col. directors 171, $3 722 50. —— sales of Interest in 1950 and $94,375 in of $96,758 Subs.)—Earnings- 1950 $2,898,287 2,004,747 1949—, $3,647,657 2,313,837 sales Cost $302,870 stock * 31— Quarter Ended March Gross 207,d00 112,500 110,017 Pocahontas Co. (& Pond Creek Cr4,343 . 102,000 —-—-- •Including past service payments which Is located at the company, —i _— Dividends to its stockholders and others 45,000 stock from its treasury at $1 per of Cr 12,516 — 4'/2% preferred stock . Blakesley — price * 29,223 Cr563 p——— on maintenance work, and to defray the office and administration expenses incurred in connection with mine operations. The company owns eight patented claims and holds three adjoining claims by location. Also there is a large deposit of Peat Humus on the patented claims. T. (net)(est.) taxes paid sary E. income earnings received) interest (less income Dividends exploratory program already started, for neces¬ the paid Miscellaneous Federal Colo.—Stock Offered— Inc., Aurora, The company on May 3 offered of non-assessable common 1949 1950 * $32,709,680 $37,849,454 Sales of products (net) 29,308,593 34,269,232 Cost of products sold_7 ——— 3,002,374 2,878,047 Selling, general and administrative expenses— 160,138 166,625 •Contributions to employees' retirement plan- _ shares a Earnings— Pet Milk Co. (& Subs.) 3 Months Ended March 31 130,610 shs. *2,331,544 shs. Gross income > • •Including Pennsylvania Co.—Seeks Bids George •Ardmore, for H. fferial at of to Jr., from be sale of general these mortgage company bonds and bonds of stitute part of the proposed Vy the ICC. See also (EDT) 44 E. June 6 on Lancaster Ave., will-receive bids respective the the of issue and sale Pennsylvania RR. Co. which Co. below.—V. Steps ( leading 15-year redemption to convertible debenture by the • Whipple interest from rate. the The sale of instalments. The of $52,667,800 of Its April 1, 1952, and Of the capital stock of the J. due successful bidder will name Pennsylvania RR.'s new general mortgage 4Vi% <■ Baid it will collateral not trust sinking fund bonds to be used to buy the DrT. issue $60,000,000 of its dated April 1; to rrmfme general 7 1 . . J 1986. ' A;1 for or part cf the bonds W. will debenture bonds, other equipment sinking would totr] reserves resources that might trust certificates, and $131,166,000. Its present become available should not be to meet-payment of those maturities, maintain -adequate working- cash, and provide funds for necessary additions and betterments and continrencies that might arise during that period, said the railroad.— V. 171, p. 1889., Works Co., Inc., above.—V. 170, p. 2133. & E. effective upon approval registration the Illinois Commerce ; was an Stifel, & . Co Staats Swiss G 7) H. Walker & .45 . 2.52 Wertheim & & '1.00 oh Co Woodard-ElWcod " The & 500 Co ,9Q Co. t© be unique'in • American industry as small: independent of ! as cost. extra under > the It usually the small plan financing- arranges for-the is obtained by the company. Instead, its purpose is Commission, share. The Frank Phillips Men's Club, anof •Phillips employees, performs the function lots into conventional 100-share units at no difficult in the Braising to desired, open market handles and stockholder. ' a,nd Stock is / . : r • J Ave., D. Fox, Treasurer New York City,.will tenders for the sale and of the. until Pennsylvania noon:(EDT) delivery, as of on June Railroad May 1, 31, 1950, Co„ and in¬ to up in operation. At Dec. 31, there were 1949, The proceeds of the working capital.—V. 171, p. 140,000 shares. be used for 118a. 1 * 'r a & award of the issue at competitive sale bid of 99.16%. Hutzler bid 99.Q58 ' the for certificates as 2V*s & and Co., Inc., bid 99.735 for them as 2%s. certificates will be secured by 1,000 all-steel hopper cars an . an 171,,p. 1996. 7;/..7 7 . $6,857,850. estimated. .. . : \ 7.: -... ' '■■■. - , . 7 ■■7:':;7/.v; N. M. / J.-rVollmar,-. Jr.,- President, recently advised us :that there was offering made of the 350 shares of 5% class A cum stock' (par $100) which were filed with the SEC by of notification April 28.' The proceeds were for working capita*V. 171, p. 1890. / public ^ 7 ; - Co., of New York for a $450,000 loan on first mortgag 3%% bonds, due 1970, if was announced on May 23. Proceeds of the loan, will be used together with the proceeds of other for/construction purposes. The'company construct-and, operate i.. ^.-7'( Roanoke Pipe Line Co. (Va.) —- Arranges Loan— company has arranged with The Mutual Life Insurant * •» 380- 7th 1950, receive of sufficient won on Bros. preferred other Pittsburgh, Youngstewn & Ashtabula Ry. Co.—Tenders P. • had Realty Mortgage & Investment Co., Albuquerque, no . purchased not .new.stock ; 1950 Paul money Is not the purpose of the pl$h..> : every employee1 a- part-owner of the Phillips- employees have already pur¬ make L Approximately 75,000 stock.—V. 171, p. 1889. company; chased if. small to —Stock Placed Privately— one association combining details under " on May 23 by employees of this company, with tbe of-making every PhilHps-employee a part-owner. of the company. the plan employees may conveniently purchaseJ stock in offer by , c Under ; amounts 15, group are R, W, Pressprica Co.; Merrill Lynch, Pierce, Fenner & Beane; Otis & Co. Rothschild & Co./ Freeman & Co.; The Illinois Co.; Wm. E. t & Co., Inc.; McMaster, Hutchinson & Co., and Mullaney. Wells & w>- - Employees Stock Purchase believed are all-steel -V. plan March box. cars which will cost Other members of the Halesy, Stuart 2.52 7 purchase group Harris, Hall 2.<52 * continue 650.' May 25 Salomon • Co.— 1.00 White, Weld & Co._: record to The .65 " Co of Commission, $5,430,000 2V4%/serial equipment certificates/ series S, due semi-annually Dec. 15, June 15, 1965, inclusive. The certificates are priced to yield from 1.35% to 2.55%, according to matur¬ ity, and are being issued under the Philadelphia plajn 1950 Corp.—1 2.52 Co.— ±2 1.007 Lerchen > trust Securities Watiing, J.00 & l996.si merce" .45 Inc. Corp.- Anthony p.. Reading Co.—Equipment Trust Certificates Offered— headed by Halsey, Stuart & Co. Inc. on May 2b offered, subject to authorization by the Interstate Com¬ .65 —_ American $1.69 171, A group .65 Webster Securities 168, p. • Union $2.03 $0.54" , 7 r: 2.52 . —— 'IV cker, $0.54 v per outstanding V. .90 Co.™ Nicolaus & Co., Corp. .45 Co R. Stone & 1.78 Co.—-—_ Barney am $1,590,253 • 1.00 Siein Bros. & Boyce Stern Brothers & Co • ' & could and 75,000 shares inaugurated .goal • the- Securities Act of 1933, and the the company, holders of capital stock of record -wt the close of business on June 5, 1950, shall have the right to subvJcribe, on or before June 30, 1950, at $100 per share, for capital .rrtock, of $100 par value. to the extent Of one share for each seven wbres held.—V: 171, p. 2100. * ; . - ; - making of Will, / 2.52 2100. p. Co. Stringfellow: Simon fem tti, _ 45 Son issued .so & 341,700 ;$513,769 : $1,916,575 presently outstanding.—V. ($1 par of 1.00 1.0Q & at company 1.00 1.78 Weeks_l & Gardner M. 2.52 Phillips Petroleum , by Rothschild F. & Co fc'cott .45 Hutton •' /•,. .45 1.00 Co & .45 —1.78 Sellwabaclier. & Co.—- ;, - 2.52 & .65 Sc 2.52 Co & A. stock Peoples Gas Light & Coke Co.—-Rights— Contingent L. 2.30 2.23 Co., issued . & , Plan- * Water Reinholdt : , 1950, the-right to subscribe for additional common share) to the extent of 60% of his holdings. After March'31, 1950, the remaining unsold-shares of the 75,000 authorized to be issued, could be sold to any stockholder and/or not exceeding five others. Certain directors and some large stock¬ holders had previously indicated their desire to purchase additional shares of authorized but unissued common stock .in order that the 2.80 Rauscher, Pierce & Co., Inc. Rit.er stock stockholders The stock 2.52 Co * .90 share com. on $508,802 cluding March- 31, 'i - Pennsylvania State Water Corp.—plans Refunding— • - * Beane— ^45 ■ 7 See-American > 341,700 85,680 Radioactive Products, Inc., Detroit, Mich.—Rights/Etc. : r 1,00 Lynch, Pierce, Fen& >. —— per •Based .65 ...Curti/ -_7 1.73 Billiard B. —V; 171, and on l.QO.^ Co.—7-.65 Co. & Inc. Stanley $594,482 7' $599,449 requirements--'85,680 Balance .45 Marks /Pacific: Northwest Co. Paine, Webber, Jackson Peabody & Co._ .2^2 Kuhn, Loeb & Col—2.60 fund relied Pfd. div. .90 Maynard H.\ Murch & Co._ / , " M. & ner . Morgan Kidder, by'the Pennsylvania Co. and the proceeds used to pay the ^railroad's 15-year cnnvertible debenture 3%% bonds. As the bonds will be sold to a wholly owned subsidiary, the railroad asked to be relieved of the requirement that competitive bids be asked. *The Pennsylvania RR. said maturities in 1951 and 1952, including the J. Merrill r:" .45 Co;— L. A income 2:52 Legg & Co Lyons & Co Mason Hagan, 7'.,;' . .45 Sons— Ripley. & Hornblower H, toe. purchased •requirements, & v, ^ 2.52 Co.—^ Freres,& Co. Laurence 1.78 ——_ Hirsch authority series & and Parsons J. 4V+'k* bonds, mortgage & W. < , - '■ Concurrently, the Pennsylvania RR. Co. asked the ICC the said underwriters said1 agreement are as C. Jchn » Hayden, Stone & Co 2.52 Hemphill, Noyes,. Graham, " J to Inc.— Inc.— Brown Inc. •; L & Co._—_ J.78 Co. 11ra Heupt & Co If 'stock. Co., Cabell Harranan " ^vLazard .45 • — & & Granbery, Marache & Co._ Hallgarten & Co. 7_ , 7 .65 — Dillon, Read & Co. Inc 7 Dominick & Dominick Eastman, Dillon & Co.— Emanuel, Deetjen & Co Goldman, Sachs & Co.— series H bonds. so used will go to buy more of the railroad's the transaction is authorized, the Pennsylvania Co. withdraw the pending application to issue $16,000,000 in Series H bonds. & Davenport ; r 1.00 Co & R. S. Dickson & Co., Inc.— .k holding company will use the balance of the proceeds, together other funds, to buy 200,000 shares of the D. TV & I. stock With .90. .90 Corp.- Bardford & Co._——17 C. Burnham The ^105.50.7 Any funds Corp.__ Co Becker Alex. the company will use part of the proceeds collateral trust bonds to buy $44)000,000 of & Stearns G. Branch, holding the and Net Ladenburg, Thalmann & Co. 2.52 Laird, BisSell & Meeds .45% ' 5.87 Weeks & Harden—, i45 Barth Blyth railroad The Pennsylvania Co, ,r> " , and sell at competitive bidding $60,000,000 of its collateral trust serial bonds to be dated May I and underwriters / share. /a." Co.-—- A. ^ rhature in 25 annual Securities & . Bear, , maturities, and to the purchase of Detroit, Toledo and Ironton RR.^ authorized earlier this month by the Interstate Commerce Commission^ were set forth in applications filed $rith the Commission on May 23 by the railroad, and toy: its holding dbmpany affiliate, the Pennsylvania Co.-, in which eacfa seeks author¬ ity to issue $60,000,000 of bonds, ^ - several under com-t^ Interest, etc., deductions 7-;. * ' v • - for per stock, which - Securities Bacon, Redemption of Bonds and 3V*%v bonds the to .purchase, 5.87 % American 170, p. 2439. other exchange unsubscribed . Brothers Adamex con¬ I. Stock— ; in ♦Earned J. RR.—Plans of names of agreed Glore, Forgan & Co 7 Baker, Acquisition of D. T. & issuance ; Lehman subject to authorization/ are for reserved follows; this company to have Bache financing plan Pennsylvania RR. Pennsylvania shares percentages respectively $60,000,000 collateral trust dated May 1, 1950, and to mature in 25 instal¬ each on Mav 1 from 1951 to 1975; inclusive. The $2,400 000 and noon the 438 7' pany's previously authorized common-stock, .par value $10 UNDERWRITERS—The Vice-President,- at before or purchase bonds, ments issue of Pabst, Pa., the $60,000,000 .Bonds- on financing. Pr°Poses,jne a r30-mile-long from the .Gala .compressor station-of Corp. to Roanoke.—V. 171,' p. .1464. ,/ natural-gas transmission the Virginia Gas Transmiswv ' • ' •' " ' , Number 4911 171 Volume . . The Commercial . and Financial Chronicle (2201) Robbins Mills, Inc. (& Subs.)—Earnings- 28— Quarter Ended Feb. ■ - taxes.:.—r_for Fed. and State income taxes.: Prov. ; — 887,000 • profit Net Capital shares outstanding Earnings per common share.... $1,349,930 834,319 of „ $25,796, * Operating Operating 834,319 Net Period End. Mar. 31— 1950—Month—1949 Operating revenues —!_ Uncollectible oper. rev._ $994,115 1,693 ;156,975 • — operating Income Net after charges • 78,057 443,029 the 381,921 j - The r Power Co.—Bids Invited will Bids 11 Bartlett, 120 June 6. Broadway, on The Messrs. York, N. Y„ and which is finance to scheduled cost the of company's of & Earnings per V. 170, p. 1196. • Ruberoid Co.—Earnings— "Net profit Common — Earnings per ..... ,'.i T——— St. Lawrence Corp. Ltd. Prov. for ferred Co. * Ltd. stocks - the to ♦ (& I first, and second Lawrence Paper minority sub. interest ($25 part A of San $4.50 consideration for Gallenkamp stores Co. in ,•/ ; ' : of statement I with cumulative the. M. the of the Corp, preferred The * shares. acquisition last If the will will and require/ the should company 6% testa¬ Corp. Ltd—LL — ) ' all and all charges, income preferred before fund I—w— profits "After 1950—Month—1949 per of $3,042,098 share) ' ---■ : y: of ' dividend on second St. Lawrence first on $1,436,610 — Paper preferred Mills shares Co. and Ltd., 1,764,330 March shares 400,000 on 6,943,432 dividend well as and 28 subscribed NOTE—During the three months' 9,433 second preferred' shares of St. and 12,419 second preferred purchased and cancelled.—V. period COMPARATIVE of " : of 170, St. * ■ ► • ■. • revenues ' $4,381,797 r; oper.' rev.. * St. Lawrence Paper Mills Co., •Net operating "After all profit— charges; 1950 —v. 171, including provision and income .taxes.—V. 170, p. 2336. for The '*•7 : '" its ' for depletion The common capital stock this of corporation dealings on the New York Curb Exchange at on May 27, 1950. . Transfer books for the stock will be closed of °* the — - . business was suspended opening y ■ , , of corporation expects shortly holders to a from notice a its to it Operating Operation revenue Negotiations •store General taxes Federal taxes Provision $1,506,471 30 for depreciation—.. 87,355 161,908 136,525 198,350 136,064 124,915 income Non-operating I — _ $486,604 income $435,710 Balance before deductions—. Deductions • $547,847 Dividends $43L211 — on preferred stock——— ; Balance ~~v* 171, .... avail, p. • . for $361,021 $349,672 gen. 1950* 2,266,879 . »nTSial !ncome Dther . chgs. (incl. Fed. tax) income com. 1949 $6,343,130 — Efl1JnLPr0fitPer Del.—Earnings— • - exps. profit— necl to bid will effect $2,474,000 a of $100,000 a 25 1,311,944 , the the are paid for Net of July , delivered the about principal amount, plus 171, p. 1891. accrued 171, 1950—Month—1949 • 1, interest, oper. ' — income $2,598,690 charges. 2,117,070 $1,715,896 1,285,159 « $4,076,251" 51,903 $4,128,154 J " Net $4,102,083 1,818,083 1,310,641 $7,351,745 $3,894,207 5,870,725 2,579,789 oper. before revs..— $4,662,024 $5,210,397 .-$3,789,372 1,152,423 1 1,067,498 415,000 ... 384,000 1,700,000 4,708,004 1,660,700 $683,498 $3,157,816 $3,047,304 4,857,816 3,239,318 1,681,094 $1,593,273 $1,971,078 $1,175,857 Preferred Stock Sold— — The By and for expansion 15, 31, 1950, "aWhties (including 1950), were current dividend of $3,528,528.—V. assets $1.60 40 171, p. were cents $0.95 and $375,000 1673. $11,170,095 per ' supplied of by in share ' and payable placed with - The SEC Interested on May persons 23 until announced June 7, the 1950, issuance to request of a am order hearing (Ida.) to giving upon an by this company for withdrawal of certain plans, for dismissal of proceedings with respect thereto, and to vacate an order, approving a so-called amended plan. The company states that the conditions and circumstances which existed at the time of the filing of the plans, and at the time of the action with respect thereto, have changed. materiallyand that the records heretofore made before the Commission In respect at to- go Stock — ; a registration \ statement with the common . , with the prospects of notes, due July 1, 1970; America, are to be applied. as of Co. '• agreement 25, of which retirement the To the two the will be two companies voted by upon companies on June of- $33,500,000 of due retirement May 1, 1951 $6,500,000 of of 1 .< ' v dated \ - stock- » 19_ * • . $10,800,000 Sunray debentures, the of merger 1950, of 3% col¬ 33,500,000 Sunray's l7/e% promissory note (4) To the .retirement promissory notes of,.$13,500,000 of Barnsdall's (5) of 3%% V - 2%% To the :w promissory . $25,000,000 Barnsdall's of - notes Under the receive to each Sunray, shares , r ■ for agreement, shares of the of Barnsdall holders of Barnsdall capital stock are second preferred stock of Sunray and ar entitled to tender for sale in excess of 20% of the preferred- 1950 stock, at par, not 171, p. 1997. cash, received.—V. so - merger thjree share - 25,812,500 * for 6,500,000 13,533,919 retirement ' - Sylvania Electric Products Inc.—To Reopen Plant— Radio Tube Division the of company, announced on May lw of 19. "The continued increase in requirements for radio tubes for tele¬ m'akes it necessary for us to repoen the Altoona- plant to relieve, crowded conditions in some of our other plants," Mr. Farley explained. "The extent, and duration of this operation will-depend* Upon business conditions." vision ■ The corporation plans to do only limited assembly operation atr probable working force of 150 people. . plant, which was closed in July, 1949, because of weak-; pess, in- demand for radio tubes, was opened originally in the early, Altoona i with a The Altoona of part the the to war manufacture proximity fuse.—V. 171, Net April ' ' ' ' tubes 1789., p. for the Navy to be used asset 30, ' ' • -it Fund, Inc.—Net Asset Value Up— value from 795 of shares $9.33 at the end in; , . ' a President, announced. this of share six Fund of October.—iV. 171, p. to rose months $12.55 earlier, Net assets advanced to per Chester share a(S. D.- Tripp^> $6,082,74,7 from $2,700,-, 1674. Texas Gas Transmission Corp.—Earnings— r Four Months Ended April MCF sales 3b— - Operating " - 1950 and taxes- expenses ' 1949 21,302,38$ $4,072,339' 6,844,886 — ——— 40,691,113 $8,674,408 —— Operating revenues .3,194,15$ $1,829,522 $878,18P> * Net operating income Other income — 14,084 -—— ""Gross income and other — —- —- deductions— income Net . application filed Commission's the privately proceeds amendment. Insurance r. Interest Standard Gas & Electric Co.—Hearing on Plans— 4 curr^nfTMarch the ) - - 15,455 $893,636, 733,727 — Earnings per share of outstanding $1,843,606 common stock 12,167s $1,109,879 $2,836,951 $1,103,403" sh.__$0.90 filed cents) be Co., Mines, Inc. May 23 filed * 171, p. 139. proceeds are to be usjed to pay indebtedness program.-AT. 171, p. 1674. * 45,509 3,068,751 $1.30 be Prudential lateral (3) 'v 1950—12 Mos.—1949 . $737,423 inc. taxes profit * $3,486,252 $15,400,299 $14,047,119 stock, series E (par $100) at $102 per share. April 30, the last of this issue had been sold. - income taxes of $125,000 in 1950 10 will & I;. shares To (2) ' ferred $2,791,442 • on 750,000 Television Co.—Earnings— 1950—3 Mos.—1949 . inc.' taxes at 1950, the'company publicly offered 400,000 stock (par 10 cents) at 25 cents pre share." 1 4 $4,587,102 '$5,108,341 74,922 102,056 (par notification To the purchase of 5'/a % cumulative convertible second preferred stock, series of 1950, which may be tendered by present holders of Barnsdall Oil Co. capital stock who are to receive such 1950 second preferred stock of Sunray in exchange for their Barnsdall stock under the The Moody Investment Co., Springfield, Mo., on April 14 publicly offered 2,000 shares of 4J/4% cumulative pre¬ 1947 $6,926,424 treasury to * Springfield City Water Co. 1948 * 37th located 171, p. 1997) share. are an 1673. p. company's store .-The corporation will temporarily reopen its radio tube plant Altoona, Pa., on a limited basis, J. C. Farley, General Manager $24,038,809 $21,811,831 $70,515,930 $63,979,136 18,397,110 17,842,421 54,142,719 53,701,779 3,043,009 2,253,514 9,021,466 6,383,150 revenues.. expenses.: Prov. for Fed. * 2,512,533 its April at 1956—3 Mos.—1949 • size ' 15; holders to July $24,129,908 $21,894,806 $70,787,025 $64,226,054 rev.-i £»• - 91,099 82,975 271,095 246,918 Period End. Mar. 31— $303,795 $7,099,635 . Feb. corporation The I in company 14, -1950.—V. the open of the stock sale, together issuance of $40,000,000 of 27/a% promissory bonds. revenues—— operating after Profit 35,626 -3,024,749 l94gnClUdes Federal Junp to and will be entitled to They will be secured by.a and of Lead-Silver ' covering .(1) reduction stock common letter The, net proceeds the years year. to medium a stock, $1 par. I_ The stock offering is to be underwritten by Eastman, Dillon & CO: The selling price wlil be fixed by the underwriter and will be related to the then current'market price for Sunray common. Underwriting: ' term be 45 miles from Nashville, Tenn.—V. of by Valley of The ; , completed will > Sunray Oil Corp.—Registers With SEC— $1,626,885 on been This ' The . formed $508,580 proceeds are-to be used for development work. The company's property is located on Warm Springs Creek, Idaho. John Ross Thorn^ ■ton, P: O. Box 545, Hailey, Ida., is Secretary and Treasurer. " On April 21, last year, the company sold 200,000 of its shares at 10 .. been ,, > by Greenfield, Lax stockholders.—V. 171, p. 2102. shares ! revenue income or a bonds new 1013/s % .Operating Electric ; have Period End. Mar. 31— —V. Oil Co. of nr?tr;Fnci-March31— and 100,499 : 1950. have Southwestern Gas & Electric $339,421 35,626 1, $897,359 . , stock com. be —V. $439,921 105,913 12 Commencing f > Southwestern Bell Telephone Co.—Earnings— Net 1788. Seaboard ^Perating per. I / 4,210 $385,298 i 72,190 ' • ... $491,212 114,636 < Net income 4,607 - 721,480 1 $229,196 share per fcents per 1,571,592 just 15. shares May Sun . $1,893,732 $301,299 Offering— ~ Operating. taxes 115,073 $542,613' 5,234 .. Operating will understood is Operating 173,985 ■ . i 117.583 185,667 210,443 212,900 1 1 have June 14,447 on cents selling company I company. of 1% lien on the Uncollectible 425,453 — 361,000 " Sterling Oil of Oklahoma, Inc.—Stock to Be Placet^ r 1950—3 Mos.—1949 457,921 St. operating $1,404,329 447,335 income—II—I—II on about . , $559,590 519,836 • refunding the bonds new mortgage will 7 557,939 114,036 . 82,700 " Clarksville, Tenn., about planning to send out today invitations to bid $10,000,000 St. Louis-Louisville first mortgage groups The 4%- a year to 1948 '* $1,680,728 —— — Maintenance $5,389,530 Sterchi Bros. Stores, Inc.—New Store— shares intends to authorize the trustee of the present St. Louis Division first mortgage to acquire for cancellation all or any part of the outstanding 4% bonds which are presented .either in Chicago or New York to and including July 14. Payment/ stock¬ Works—Earnings— - of of Assuming I 1949 $6,174,078 1,258,359 148,500 — Net profit —V. l7l, p. 1891.' SEC Southern's St. Louis-Louisville line, extending Louis, 111., to New Albany, Ind. ,4 ; for authority to issue and sell- the bonds will be filed today with the Interstate Commerce Commission. requesting them to surrender their stock certificates to the agent to receive in exchange therefor the liquidating distri¬ to which such stockholders are entitled. These distributions of interest in the Cedar Point Field Trust on a share-for-share basis and euch cash dividends as may be available for distribution.—V. 171, P. 1186. 1950 1950—12 Mos.—1940 $1,481,225 311,896 449,799 , r. Application butions 12 Months Ended April 30— 3,252,165 dated June debt from East transfer San Jose Water be sinking fund first business - permanently at the close forward is of 1, "1951. The i on May 29, 1950, in connection with the plan of liquidation company previously approved by its stockholders. Ju The » r Corp.—Earnings— 1950—3 Mos.—1949 $1,727,278 . funds of the company, 1 : r • Privately— 398,395 Ry.—Bidding Invited— issue to funded Salt Dome Oil Corp.—In Liquidation— « • —1 * company new number Jan. ; 48,478 18,750 ...... •' Opening of bids has been set for June 15. The proceeds from the sale of the new bonds, together with treasury will be used to curtail and refund the $12,474,000 outstanding St. Louis Division first mortgage 4% bonds; which mature $408,419 depreciation, 23,832 16,430 23,010 18,750- - income follows: A $509,854 $857,335 — - B Fed. 5,196,545 1997. p. Southern bonds, 1948 76(430 $120,634. • 23,832 7,151 A— revenues for terms .. 1949 , 45,140 " Prov. $4,184,349 $12,854,932 $12,320,561 3,188,143 / 9,467,950 9,362,064 436,616 1,493,250 ' - 1,331,612 495,770 Ltd.—Earnings— ... $4,374,113 $626,178 on Quarters Ended March 31— $242,221 73,418 130,276 preferred income taxes $4,191,395 $12,884,210 $12,344,219 7,046 ; 29,278 23,658 7,684 Net '*■ w . $433,027 $229,333 Profit bef. ended * 366 — 1611. p. Operating ACCOUNT I •. 1950—Month—1949 -' '' •" March 31, 1950, Paper Mills Co. Ltd. Lawrence Corp. Ltd. were 2336. $241,855 ' taxes Period End. Mar. 31— the offered to them at par Rights expired oil April 21, INCOME operating income " Net after charges.——L • as Lawrence shares p. 171, originally one-for-seven basis. a —.Operating revenues— Operating expenses.— Operating taxes '.—4— sinking preferred shares of St. Lawrence Corp., Ltd. 413,257 , $432,381 payable income Staten Island Edison , pre¬ Co.—Offering— .. • Uncollectible $777,359 , $655,112 - 646 ^ $6,414,766 the -r • Operating 38,430 provision for depreciation, depletion provision "for sinking fund on second tBefore of —— for Common—class 1950—3 Mos.—1949 $2,193,'515 * $8,213,435 2,594,039 ; record H Period End. Mar. 31-r- including taxes. shares . ; convertible; preferred.: Co.—Earnings- , '255,040 * : 1949 $987,713 ——— notes on taxes voting stock of the Southern New England prior to the above stock offering.j ; ^ ; " , ; ' ' ,30,764 -1 > common 1950 I — Common—class issuance acquire ' —V. ■«\"v.\ of :, ' of Corp. (& Subs.)—Earnings— operations ... cumulative 6% - ■ '• ; The 1,605 unsubscribed shares were purchased by Chas. W. Scranton Co.; Putnam & Co.; Day, Stoddard & Williams; Smith, Ramsay & Co. and Hincks & Co. at $32 per share and reoffered by them at the market on May 3.- ' •>*?■ v < -'-/•> • • '■ The American Telephone «Sc Telegraph Co.- owned' 746,896 shares "r ■ of share, the offer to per .Net income 1 & $1,700,036 i$1,070,829 *; Shares 5,846 Cash dividends: SEC tNet approximately 555,332 from — Provision shares acquisition Total Interest preferred The income '• the Cairns and Crocker First of condition , Other (Calif.). Francisco, executors Shoe total a <(26.67%) 1949 , common offering expenses income A. stockholders '1950. ; shares of 232,662 Lawrence stock of out $0.96 , pre- Mills is operations Net underwriting in involved. 171, p. 1673. The » 1950 cos Expenses of St. $1.68 number Subs.)—Earnings— t on and of No registration a series from Operating ^ . St. of as its Southern New England Telephone f. > - subsidiary cos.— dividends shares of value). oper.' ,income— after charges.— Net 1481,344 ."V-:fI~. Three Months Ended March 31— net profits of "Consolidated May 23 filed shares Net 1949 481,344 share——— "• B&nk Albert ih America—Registers With SEC— J on financial and (d) substantial in¬ earnings of Standard Gas company system.—V. 171, p. 2102. consolidated amounted 1891,;;- par of share per stock Income . Operating revenues— $23,101,544 $20,709,344 $67,262,641 $60,080,810 "Operating \expenses..16,757,174 1 6,007,460 49,648,553 46,249,694 Operating taxes— 3,302,272 2,508,369 , 9,400,653 7,416,350 , all charges and taxes.* tAdjusted Outstanding.—V. 171, p. 1464. >" of cents and Gas; Three Months Ended March 31— endeti year 218,368 ' 1950 * . outstanding—— common stock the per share on the preferred to $35.15 for 1948.--V. 171, p. Period End. Mar. 31— $0.18 V:-" "< "After ■: : HOW 70 $179,704 Operating revenues—„ $23,199,706 $20,788,253 $67,564,262 $60,299,178 Uncoil, oper. revenue.— 98,162 78,909 301,621 i—J' $11,466,823'. $8,920,931 807,741 461,980 — shares to compared for holdings of Standard Gas; business Standard the company The ' sales' of State Loan & Finance ; * stock common of numerous structures, for subscription by employees at $51.31 expire May 16, 1950.—V. 171, p. 2102. t • 3 Months Ended March 31— the Among the changes set from the capital elimination 53,322 , of outstanding Gallenkamp stock on basis,, it would necessitate the issuance of 617.9 additional ferred shares.—V. 171, p. 2101. ' «—v. Net in subsidiaries the (a) approximately $59,000,000 of notes iancl Stanley Works, New Britain, Conn.—Stk. to Employees — $1.19 '.'w'-'."'/ 51,721 inappropriate. . $46,435 ... in The $233,026 $153,908 Southern Bell Telephone & Telegraph 1949 $162,999 ———_ II Earnings issued 4,014.7 1952. 1950 share common and corporate and and the Standard Gas holding program, Refining Corp.—Earnings— taxes——' 3,042 same , , Roosevelt Oil stale 1,381,244 the remaining 12,359 shares ; preferred stock will be redeemable by the company at the public offering price plus $3 per share up to May 1, 1955, declining to a premium of $2 from that date to May 1, 1960, and to $1 per share after May 1, 1960.—-"V. 171, p. 1996. 1 • ' * Quarter Ended March 31— Net income after charges and be ferred The ; $229,984 various creases •, construction $10,900,900 by the end alterations the $1,611,228 — The company has contracted with Helen of 23 part to :(c) 1949 ... (net) ■ : authorized by the New York P. S." Com¬ preferred stock through competitive bidding. the sale will be used to repay short-term bank from proceeds loans May on covering $207,451 . become debentures; (b) the divestment below: $1,517,793 1,310,342 .... taxes.., , Gallenkamp, to purchase 80,294 J/2 shares of the $10 par value common stock of Gallenkamp Stores Co., of which there are 92,653V2 shares outstanding. The company has contracted to pay for each share of such stock $13 in cash and, in addition thereto and as further consideration therefor, to deliver 1/20 of a series A pre- * 50,000 the above to sell shown $205,629 corporation National * New 1948. »common , company mission are have forth in the application are: structure of Standard Gas of to decrease a 1950, •— j ——.w—„ (without ment bids for the purchase from it of preferred stock, series A, par $100. received by the company at the office of be amounted is statements 1949 ~ ... deductions to are • Pre¬ invited Thatcher & a.m. (EDT) Simpson* up to The for cumulative of income and revenue covering. 4,633 stock * has company shares ■ and income , year The ., Light & Rockland net -thereof 1950 This Drl.822 expenses Shoe Corp. of 175,070 stockholders on April 19 voted to increase the authorized common stock from 500,000 to 800,000 shares. The company plans no immediate sale of, the additional stock.—V. 171,. p. 1572. ferred Stock— of before. $314,893 . The - quarter year 1950 earnings per share on the 31,* 1949 amounted to $1.49 SEC . quarter of —: to $84.62 compared ...-.i Stock Increased— first revenues income Dec. 1,947,682 $355,726 43,627"'*"'. 207,977 _ the The • 2,077,299 , Net $2,644,496 $91,306 . first income ,(net) Interest 5,667 $2,876,054 122,183 _ $127,492 Net or, operating Gross < . $2,650,163 . .,.,676,689 the $179,704 the 14.4%. Comparative stock 1950—3 Mos.—1949 $890,178 for to ; $891,677 $2,881,990 1,499.., .5,936 , $992,422 707,955 Operating revenues — Operating expenses -—■ |Operating taxesj Corp.—Earnings—; surplus Three Months Ended March 31— Other Rochester Telephone Co.—Earnings for Quarter— to compared operations for 1 $1.08 ...—• income $153,908 $898,352 $1.62 — Net •' ; 466. —V. 171, p. 19491 $7,976,785 1,433,852 535,500 $10,785,161 2,236,930 — income before profit Seattle Gas 1950 sales Net 9 $881,469* $0.50 $O;40 Operating revenues in April, the first full month of operations fol-* Lowing completion of • the company's expanded pipe line system, amounted to $2,772,000 as compared with $812,000 in April, 1949,i the company income Net on the the $169,000 W. reports. for the month company's outstanding T. or 7.6 Stevenson, equalled common $536,000 or 24.1 cents a stock, more than three share in the same month of 1949. Executive Vice-President, pointed out that cents share, times, per T the The Commercial and Financial Chronicle t loan at any time prior to Sept. 30, construction costs of the new pipe line. Loans outstanding at Sept. 30, 1950, may be extended at the company's option, to mature in four equal semi-annual instal¬ ments. An initial borrowing of $2,500,000 under this agreement was LOAN—The BANK agreement under which it may borrow 1950, an additional $7,500,000 to pay made 4, 1950.—V. 171, p. 2103. May on Co.—Exchanges of Stock—Under Texas Power & Light holders of its 7% exchange offer by this company to an stocks, 117,926 shares were exchanged for new $4.56 preferred stock on a share-for-share basis plus dividend and cash adjustments. An underwriting and $6 preferred Merrill headed jointly by Kidder, Peabody & Co.; group Lynch, Pierce, Fenner & Beane, and-Union Securities Corp., will publicly offer the balance of 15,860 shares plus 420 company-held shares, upon effectiveness of the post-effective amendment to the registration statement. —V. 171, p. 2103. Co.—Earnings— Thomas Steel 1950 1949 1948 1947 $405,535 338,300 $1.14 $468,642 338,300 $1.33 $411,606 338,300 $1.15 $527,375 336,140 $1.51 3 Mos. End. Mar. 31— Net earnings shares Common Earns, —V. per 171, outstdg. share com. ' 7 - bonds leasehold will be purchased price in excess of 120 Broadway, New York 5, N. Y. The bonds lowest possible price, but in no event at a Co., the at $95 per $100 bond. and income 186,265 - $66,322,777 51,668,575 1,344,803 2,768,481 488,552 781,646 674,945 448,122 413,069 1,379,088 taxes Provision for employees' retirement allowances Prov. funded of amort, debt - 1,309,824 2,150,096 ' , etc deplet.™. Amort, 339,105 41,363 56,019 4,852,190 ,* 4,285,598 4,765,000 1,800,000 of 1,656,000 5,247,765 3,361,000 V 350,001 350,001 274,998 308,489 1,006,318 813,176 30,063 387,028 Fed. for Cotton Co.), Refining Oh par common stock by 20 "selling stockholders." A. C. Allyn & Co., Inc.; Dittmar & Co., and Rauscher, Pierce & Co., Inc., are named as the principal underwriters." The offering price and underwriting terms for the stock are to be supplied by amend¬ $2.50 170, p. ' ; 988. 1 Transport Service, Inc., involved.—V. 171, p. 1299. to indebtedness." pay tax_ inc. - undeveloped leasehold costs....^ ' . 250,000 Property retirement and dry hole losses (net). Telephone Union Co., No underwriting Mich.—Consolidation, Owosso, Etc.— Share Co. In t Union addition, Telephone issued $3,700,000 , stock, common of which $2,900,000 was exchanged for a like amount of preference and common stocks of the two companies, $660,000 in exchange for a promissory note of Union Telephone held by the parent company, and $140,000 resulting from the capitalization of surplus.—V. 151, p. 569. $25, par For'n exploratory The Net .! $6,152,301 dividends 161,376 profit Preferred $9,026,206 $11,162,878 : r 178,387 , company has distribute its stock 2,558,724 Earns, per holders $7,116,627 i $0.77 $3,330,677 $1.38 $1.71 share— com. Federal, statement above State does municipal and sales of gasoline, on $6,283,095 $0.94 — NOTE—The for 2,558,724 $3,432,201 dividends Surplus Include not 3,838,086 , governments the in par stock and the purchase of the reclassified stock. . amount the form collected of taxes lubricating oil and other products. ($10,113,322 in 171, p. 2103. the 1950 quarter).—V. of distribution outstanding distributed Eastern would Offering—In connection tyith the public offering by Straus & Biosser and asso¬ ciated underwriters on May 18 of 315,000 shares of com¬ mon stock (par $1) at $6.25 pep share* of which 7&;000 shares represented newly issued stock and 240,000 shares ware for the account of selling stockholders, the follow¬ ing additional data is given: ' COMPANY—Incorporated Radio changed Orleans, in Illinois Television & Trav-Ler to Corp.; Corp. Radio Oct. on March main 1940 22, Trav-ler as 1946 plant name is was located in¬ corporated in Indiara on Dec. 20, 1927 as Orleans Chair Co., and on Dec. 27, 1944 its name was changed to Orleans Mfg. Co. The Trav-Ler company acquired 100% of the outstanding capital stock of this subsidiary on Sept. 18,' 1944. * ' Co., was The company is engaged in the manufacture and sale of type television receivers, portable and table- model radios, phonographs, and radio , and phonograph combinations. CAPITALIZATION ^ GIVING EFFECT NEW TO FINANCING Authorized , Common stock ($1 value) par console electric , ; Outstanding 1,000,000 shs. Shares & Blosser_____ Fairman & Co Shares 25,000 David A. Noyes & Co._____ 10,000 ..... Reinholdt & Gardner Inc' 5,000 Baker, Simonds & Co.. Campbell, McCarty & Co., 10,000 , Scherck, Richter Co Sills, Fairman & Harris, 4,000 10,000 Inc. 10,000 4,000 4 000 _ Co~IIIIII Wm. C. Roney & • — 5,000 Wagenseller & Durst, Inc.Amott, Baker & Co., Inc * Link, Gorman, Peck & Co.- 10,000 George A. McDowell & Co. 10,000 Seligman, 4,000 Lubetkin & Co., 10,000 10,000 Stoetzer, Faulkner & Co... 4,000 10,000 Westheimer & Co Simon & Cp ;0. H. Wibbing & Co & Co 8,000 Ball, Burge & Kraus H. M. Byllesby and Co., & Hawley, Co., Co Securities Co. Rodger, 3,000 Corp.— 3,000 of 3,000 California— Kipp & 3,000 Co 3,000 Stix F. S. Yantis & Co., Inc.™ Detmer & Co 3,000 Investment Securities Co 2,000 Shepard Inc Francis I. 6,000 duPont & Co.— & Co 3,000 2,000 of 25 by a, reclassification of the shares into 100,000 shares of no fractional interested the basis upon shares of Ruling of Railways • New York Exchange, I 1 of Columbia, -effective registration under • the Securities Act and the making of an offer by the company, holders of common stock of record at the close of business on May 31, 1950, or such later1 date on which such registration becomes effective, shall have the right, to subscribe, on or before June 13, 1950, for $4.25 cumulative preferred stock, of no par value, to the extent of out share for each 20 shares of common stock held. The subscription District 1933, of share one stock. of Cash June 5 to request 1998. Special Offering—A special offering of 5,000 shares of common stock (par $5) was made on the New York Stock Exchange at $22.37% per p. receive the on and ex-distribution distribution-on a distribution of Iowa basis Power shares & Biosser See company. also Treasure also V. agreed 171, Mountain p. to purchase 2103. Gold Mining 75,000 shares from the Co., Denver, Colo.— Stock Offering— T*1® V directors sale *Jor ^tiry The to in is to & Light an exact fund price at which of the additional of income accrued Profit before Provision for income taxes income taxes — the As Apr. 2, '49 $2,746,251 18,755 50,000 Common shares outstanding. Earnings per common share $75,905 652,840 48,000 $0.10 * "Guy L. at 50 cents per share. .The treas- $29,245 V. are to be used to purchase additional offering machinery was to for exploration and development work. Emerson, President, stated that the company owns 32 Satented mining claimsin andcompact eight mining claims Mountain.— holds group under the S. Mining laws,i all Treasure a ... 171, p. on 1466. I July on 1, through next, 171, p. 1930. contention of j vv' ; '< ' , ■ • ' ■ '/* • a , .' ; " •; • • . \',v Contest Results— of this which between preferred the common and company, group ■ stockholders, elected a rua the present officers. Tb» other group, representing about 56% of the preferred shares, elected six of its members as directors, which then elected the following new officers: Abraham Watner, President; Harry H. Kiernan, Execu¬ tive Vice-President; James M. Baths, Vice-President; R. Stanley Baxter, One slate representing group, of 11 directors the which common then reelected Treasurer; and Dorothy M. Rich, Secretary. preferred stockholder group relies on The if dividends have been not earned . charter a provision tnax and paid for two years, holders have the right to elect a majority of the ll-man board. Tne common stockholder group, controlled by the Soo line (and in t""1 by the Canadian Pacific Ry.) counter with the argument that dividends have been earned but could be not paid by reason of the road» bankruptcy.—V. 171, p. 1930. Wisconsin Power & Light Co.—Stock at $16.75— . The company share for for on the 320,231 May 24 announced offering to common additional shares of a subscription price of stockholders of rights to sub¬ The basis will be on common. stores held of record at the close of business 24, 1950. : • • • * Subscription rights will be issued to such common stockholders, the subscription period will expire at 4:00 p.m. (CST) June 12, 19oa. share for each five May . . The stock offering is underwritten by a group of by Smith, Barney & Co., and Robert W. Baird common headed Inc.—V. 171, 652,840 un^®; & GO-r 2038. p. Nil the six months ended April 1, last, $503,273 was applied to debt reduction, comprising notes payable of $324,904, longterm serial loan of $142,379, principal amount of debentures pur¬ chased for retirement of $20,440, and $15,550 par value of preferred stock purchased in anticipation of sinking fund requirements.— NOTE—During (Alan) Wood Steel Co. (& Subs.)—Earnings— RR.—Equipment Trust Certificates Offered— Harris, Hall & Co. (Inc.) and associates on May 25 offered to the public, subject to approval of the Inter¬ state Commerce Commission, an issue of $5,220,000 2%% equipment trust certificates, series C,. maturing $348,000 each June 1,1951 to 1965 inclusive. The certificates are priced to yield from 1.40% for those maturing 1951 to March 31— sales and operating revenue Interest, rentals and other income. " $8,989,966 $13,815,257 and $11,389,696 2,6l2,wJ 21,000 3,035,750 7,782,086 377,587 91,519 81,651 999,000 92,000 $1,385,687 86,079 87,954 $2.68 costs Materials I6'7** $9,008,857 $13,845,280 18,891 z Employee 30,023 $318,011 Total Int. and Miscellaneous Federal purchased.. depletion 1st mtge. bonds.. taxes : 5,069,179 362,585 90,019 71,473 ; taxes.. income tax 232,000 ; income Dividends Earned —V. on income Pennsylvania Net 2,844,591 services and exps. on per 171, p. 19480cA 1949 1950 Net Depreciation Wabash redemption y result decide writers profit for it may be necessary for the courts controls the company. At the annual meeting held on May 9, separate sets of officers and directors were named, by the two factions. l: . 1V to scribe Apr. 1, '50 $2,251,444 125,905 interest.—V. r new — called of the sinking fund, $687,000 of first mortgage sinking bonds, series D, due July 1, 1967. Payment will be m&ae Irving Trust Co., One Wall St., New York, N. Y., at 102V* the Productions—Earnings— 26 Weeks Ended— been have stockholders additional shares Co'.^'Owensboro, April 14, baa 3V4% the per Total $5.01 Co.—Consolidation Effected— Wisconsin Central Ry.—Proxy order may be sold may range between $7 and $15, depending the bid price for the Schering stock. See also V. 171, p. 1998. Walt Disney 902,432 $5.05 stock 171, p. 886. ... which The 902,432 stock stock common operation . exemption number of Wheeling Steel Corp.—Partial Redemption—; to successful. $4,823,278 306,091 into this company of Taylor-Green Gas merger There to defray the expenses of investi¬ determine the price to be bid for its the 2,993,394 $4,862,113 301,053 Ky., approved by the stockholders of both companies on been effected.—V. 163, p. 3329. used determine 2,040,445 2,658,210 2,900,000 Western Kentucky Gas The respec¬ company Net share per •Restated.—V. the offer April. proceeds pay debts and V. preferred common right shares.—V. 171, carry V. 170, p. 248. March, 1950, authorized the company to stockholders only, 100,000 shares of non-assessable in stock (par 25 cents) made on . investigation expenses.™ period on Income the new company must sell, and the price thereof, in provide the funds for such purchase (probably between fifteen and thirty times the original issue); and International, Dillon, Read, Moseley and Riter will obligate themselves to purchase the additional shares, contingent upon their bid for the Schering stock upon the Dividends stock. being for Income participating with International in the formation of the new officers of Dillon, Read & Co., Inc., and the firms of & Co. and Riter & Co. The new company will issue initially 50,000 shares of its stock at $1 per share, of which 25% will be purchased by International and the balance by the other Such other and 33,392,199 33,911,588 . .. " 2,243,322 2,729,234 Federal taxes on income permitting this corporation to participate with others in the organiza¬ tion of a new company for the purpose of bidding for the stock of Schering Corp. (New York drug concern), now held by the Office of Alien Property of the Department of Justice and expected to be offered for sale to the highest bidder "in the relatively near future." order administrative Selling, Dividends „ markets, will May 19 announced the Issuance of participants. Proceeds will be gating Schering's business to $46,646,257 $45,907,526 income of products sold including wages, mate¬ rials, etc. «. Depreciation of plant and equipment and depletion of woodlands and company are F. S. Moseley 153,604 251,059 (net) income other Cost at on *1949 1950 $46,395,198 $45,753,922 sales Miscellaneous United States & International Securities Corp.— SEC (& Subs.)—Earnings West Virginia Pulp & Paper Co. 2103. The — share, less a commission of 65 cents per share, by Gold¬ man, Sachs & Co. and Piper, Jaffray & Hopwood. It was completed in 15 minutes.—V. 170, p. 2231. ; made ,;'// " . Wayne Knitting Mills a : . distribution-on viz: Transactions shortly before the offering Is made.—V. 17X ~ price is to be determined Curb tively. Utilities Commission of tha Contingent upon approval by the Public shares. until persons Iowa Power Distribution— on Nathan A. Smyth, Trustee in Reorganiza¬ provided for sale of Southern Utah stock and City, Utah, and Southwest Utah Power Federation, a non-profit cooperative association which has qualified for a loan from REA. The sale had been negotiated for a base price of $550,000 for the 62,910 outstanding shares of no par common of Southern Utah, plus an adjustment payment equal to the net income applicable to the stock from Sept. 1, 1949, to the closing date. From such proceeds, the trustee proposed to make a cash payment to bondholders and •creditors of Washington equal to $8 per share of Southern Utah stock, the balance, to be retained by Washington for general corporate purposes.—V. 171, p. 1674. city of Cedar to •Loss. 5,000 for all interested persons to bid for the securities. Three Mos. End. Straus . 3,000 6,000 Prescott, . Bradbury-Ames Clayton c Co. McDonald-Moore & Co. Pacific - and 6,000 The First Cleveland Corp._ ; lieu in given has each of on Washington, for Total by Railways of ari additional 26,933 shares Thereupon, the 126,933 shares would be stockholders for Co. —Proposed Sale to preceded value $4.57 proposal was filed by The tion _ Exchange has been advised that this company has authoried the distribution on June 22, 1950, to its common stock¬ holders of record June 1, 1950, of ong< $10' par common share of Iowa Power & Light Co. for each two><United Light common shares held. The Bankers Trust Co., New York,* will act as distributing agent. Accordingly, the Curb announced that beginning May 29, 1950, and through June 21, 1950, two markets for dealing in the common shares of The United Light & Railways Co. will be quoted on the 4,000 . Boettcher 6,000 Inc. Inc. . Shilllnglaw, Bolger & Co— 8,000 .Smith, Hague & Co 8,000 " /Ames, Emerich & Co., Inc." 6,000 ■ „ Railways' stock be par $258,174 177,671 given ten days to its stock Net to for permission Utilities, Inc., 4,000 M. ,Cruttenden . The new Taussig, Day & Co., Inc L , Kansas $68,137 $1.21 7,525!357 May 22 announced a decision in which this company file an amendment to its proposal for the sale interest in Southern Utah Power Co. which would provide SEC The was of ' Those 635,000 shs. UNDERWRITERS—The names of - the principal underwriters and the respective number of shares of common stock which dach has severally agreed to purchase from the selling stockholders, respec¬ tively, at the price of $5.46875 per share, are as follows: 8traus would $100 distributed SEC Curb to Orleans Mfg. Eastern in SEC hearing upon the proposal.- at Ind. The company's wholly-owned subsidiary, t 23, on Its to Kansas be The the to Railways' common stock. The Trav-Ler Radio Corp.—Stock Karenola interest $5,180,274 250,395 1,599,202 208,165 14,000 Pommon v application made 85,42a 164,ooo Six Months Ended April 30— United Light & Rys. Co.—Stock Distribution— 186,000 cost. 91,390 36,345 Electric Gas & Washington Rentals for undeveloped acreage P. 167,569 . share 1299. per 171, '48 $8,210 625 Stock of Unit— p. Co., on Dec, 20, 1949 was merged into Union Telephone Co. and latter assumed the $1,911,000 3Va% first mortgage bonds of Tri-County. Both are subsidiaries of Telephone Bond & 1 (net)—— chgs., etc. income on profit Net Earnings —V. May on Air 347,685 5,169,846 tax Federal Sept. 30 $4,721,745 4,342,910 182,963 Washington Gas Light Co.—Rights— 15 filed a letter of notification- with the SEC covering $58,182 of 3% 3-year debentures due 1953 (convertible into no par common stock at $3 per share) and 19,395 shares of common stock for conversion purposes. To be issued to Nationwide corporation Tri-County Telephone . , . expenses, and Interstate (formerly corporation Sherman, Texas, on May 23 filed a registration statement with the SEC covering a proposed offering of 150,000 shares of its outstanding — Depreciation Non-recurring 193t£ $277,048 $4.90 expenses equal opportunity 995,390 1,695,086 ' insurance beprec. 325,018 t 2,935,774 exps._ Ordinary Int., 231,143 199,530 - 450,377 admin. and 1950. Mr. Maguire stated in his announcement: "Trunkline Gas Supply Co. has issued and sold $6,500,000 of 5% cumulative preferred stock of $100 par value and $14,000,000 of common stock, par value $5, Panhandle Eastern owns a 60% Interest in each issue, representing an investment of $12,300,000. The remaining 40% of the outstanding common and preferred stock of Trunkline has been placed in a fiveyear voting trust. Two of the three voting trustees are directors of Panhandle Eastern. In addition, a contract has been entered into for the sale to a group of Insurance companies, headed by Metro¬ politan Life Insurance Co., of $61,000,000 first mortgage bonds of Trunkline Gas Supply Co."—V. 171, p. 2103. Operating Robert p. Year Ended Apr. 2, '49 $5,686,696 5,047,365 135,368 59,345 commissions, etc Sales, Federal Power Commission on May 4, The —6 Mos. Ended— Apr. 1, *50 III., $19,076,428 $24,328,342 $26,844,567 $14,979,220 income Total i ' the- Panhandle with junction a to Trunkline's sources is expected that the line, Tuscola, & Co., inc.; Co.—V. 171, Mills—Earnings— Wamsutta system, which Eastern Line at of gas supply in Louisiana and Texas. It which will have an initial sales capacity of 250,000,000 cubic feet per day,- will be completed by October, 1951. The construction, marking a major step in the big expansion program of Panhandle Eastern, was authorized by the from extend will 'Baird Turner Airlines, Inc.—Files With SEC— $18,890,163 $24,128,812 $26,613,424 $14,654,202 Profit Gen. Panhandle Eastern owns a majority interest. Construction has already started on the 1,219-mile Haupt & Co.; me Illinois uo.; weeaen & Co., Inc. and Kebbon, McCormick & Ira Co • W. from revenue operations $84,617,817 $94,504,724 $94,712,519 Costs and selling exps._ 65,721,654 70,375,912 68,099,095 Other Other Bl&ir which 1947 1948 1949 1950 Quar. End. Mar. 31— . G. ment.—V. Tide Water Associated Oil Co. (& Subs.)^-Earnings— Sales for Maguire, Chairman of the boards of this company and Panhandle Eastern Pipe Line Co., announced on May 24 that financing arrangements have been completed for the construction of the projected $80,000,000 natural gas pipe line of Trunkline Gas Supply Co., in William This will received sealed tenders of 3'A% first mortgage 3 P-m. on June 20, next, at the Empire Trust until Higginson —Private Financing— Corp.—Tenders— 390 Fifth Ave. The corporation bids were received for the certificates as 2VeS viaStuart & Co. Inc., 98.1093, and Lehman Brothers and Corp. (jointly), 98.04. Salomon Bros. & Hutzler bid 9902 certificates with a 2V*% coupon. r™* other Two Halsey Under Way Supply Co.—Construction Gas Trunkline (Mrs.) Tucker's Foods, Inc., Sherman, Tex.—Registers With Securities and Exchange Commission— 2103. p. awarded to coupon. . entered into a standby bank has company . Co. below.—V. 152, p. 133. See Union Telephone maturity. The issue was its bid of 98.651, naming a 2y8% 2.50% for the 1965 the group on Co.—Merged— Tri-County Telephone of for the first time the full performance Texas-to-Ohio pipe line system. April comparisons reflect the company's integrated Monday, May 29,1953 ... preferred stock™- common 1087. shdrc™ - ) ' 1 < $0.44 • " 7-174'^£ 332,42» 6 ' aa 485,000 45,000 $672JJJ J1-21 ' • Number 4911. 171 Volume Name of Catalin $4.75 7% of Company ". , , (quar.)_r— Y.I N. Special Extra 7- ' " ' 7- 6-16 5% City Electric 7- • 1 6- Atlantic Greyhound-Corp., Atlantic Realty, $6 Automatic Fire Automatic Steel Babcock Co. 9-10 7- 1 5-31* 8 6- 7 7- 1 6- 7 6-15 " Del. 7-1 6-15 6- 1 Co.—— 6- (Joseph) Co. 6- 6-30 (quar.) 6- $5 preferred i2y2c 1 6-15 5c 6-30 ,6-15 6-15 6- 6- Crane 9 5-29 5-29 DWG 7- 1 6-22 -$1 6- 6-30 < 7- : 1 6-26 25c (6-16 1 - week $3 a payment Doernbecher Mfg. 'Co. •f the on . Common „. »Du — $1.50 ; * 6-30 . preferred ParticipatingBarber Oil Corp Batavia Body Cg« Cigars, (s-a) — Beau Brummel Beech Creek RR. Extra Co. (quar.) ■> Bell 3Y«% Special Bohack 5%% Bond —jr——— Steel prior prior Co. 5% preferred Boyertown (E. Burial J.) & 6-30 .66- 7-25 7- on second 1 1 5-22 6- 9 G.) Iron Co. 6-16 7-15 6-30* t40c 6-15 6- 15C 6-10 6-10 25c 6- 1 5-20 50c 8-10 7-20 25C 6-14 5-29 6-14 . — (quar.)— — B (quar.) Company, $1.10 6- 1 1 40c preferred (quar.) Bullard Company 7- 1 6- 7- 1 6- Co. LT Pinftncial Lalifornia-PacifiG Corp. 6- 6-30 6- 7 . 6-15 2 5-29 $1 7- 1 6-10* 60c 6-15 6- 1 27V2C ' 6-15 6- 1 25C 6-15 6- 1 (quar.) preferred $4.25 preferred Northern «H!7 iphiiiP> 5% & 6-19 15C common 7- 7- $1.06 »/4 1 1 6- 5 (quar.) f 15c 7-25 25c 6-30 6- 40C : 6-30 6- 9 6-30 6- 9 Mfg. Co., common preferred (qbar.)_— carriers & General Corp. (quar.) — - — $1.25 • (increased) —— ' 7- 10C 1 6-15 4% •General ' idend payment May. 24.) at /-* 6- 6-30 6- 1 6- 6-20 6- 7- 1 6-19 6-15 6-1 6-15 6- 6-30 6-16 7, 1 Co., Mills Hosiery V — —_— , $1 > 1 6-16 6-30 75c 7- 1 6-15* 43 %c J—,» pfd. (quar.)— (quar.)— — 7- 1 6-12 . 7% 50c 6- 6-15 1 6-14- Inc. —. . 7- 1 8- 6- 1 5-25 7-15 7-1 5 6- 6 5-26 6- 6 5-26 25c 6-15 $2,25 & Gas Electric 1 1 1 6-15 95c -9- 8-13 1 ' —$l "9-1 $1 6-15 5-31 "$1 "7-15 6-30 50c -6-30 6- O (quar.)—— Co. 6- 6- 6-15 40c 8-15 6-10 7- 37J/2C "7- 1 6-15 37'/2c 7- 1 6-15 50c 7- 1 6-15 80C 7- 1 6-16 1 I 6-15 6- 6-30 6-20 b class A (quar.)—. i-»i———_—_,—' i— pfd. ' (quar.) *■ — 12'/2C (quar.) partic. preferred 6-22 6- 25c Ltd, Mines, 6-30 6-16 — 7 5-18 7- & & Wilkes-Barre Products Fink $3 6-30 6-16 $1.75 6-22 6- 12MjC 6-14 5-31 6-14 5-31 6- 6- (s-a)— Corp.,————, Corp 5c 6-12 6- 6-30 6-15 6-30 Lincoln Corp, Cup 15c 7- 7 6% 6 6- 1 Lindsay 6- 5 7% 6-15 6- 1 Light & preferred Schuykill Navigation 6- 5-31 50c 7- 1 6- Joint RR. Coal 6- 6-30 6-15 28VaC 6-30 6-15 34%C 6-30 6-15 40c — 6-15 6-20 6- 5 6- 8 8- 1 7- 1 $1 - ; Structural 7-31 7-21 8-31 Class A Export Co., Ltd.— ,9-22 1-1-51 12-22 1 6-15 6-30 6-9 60c 6-21 6-5 6-15 5-31 7- - & Company 6-23 1 6-23 Madison Gas A Electric Co, 10c 6- 9 6- 2 Mangel 50c 7- 1 6- 9* Manufacturers Life $1.25 7- 1 6- Semi-annual 9 9 6- 5 50c (quar.) i (quar.) Insurance Co. 7- 20c 7-15 6-30 7-15 6-30 40c ' 6-15 5-25 6-30 6-15 25c ; (quar.)„—— (quar.) Corp, 66- 25c 1 6-15 Stores 6-30 6-30 13 %c (quar.) 7- Magor Car Corp. tl2%c tl2%c — 7- 9 - B $1 . a (quar.) (H. R.) 2 87 Vac 1 (quar.) Macy (R. H.) 5 25c 8-21 9-20 9-30 10- t$1.25 25c ——— 6-20 $1 6-12 5-20 ; Ltd.— Steel, 50c (quar.) 6-30 $1 .•* — Madlng Drug Stores Co., com. 55c preferred (quar.) 6- 5-31 $1 common 1 : preferred Macmlllan 6- 6 (quar.) — 5-29 9 7-15 $1 5% 6-28 2c 5-31 6- $1 Mackinnon 2 $1.06 «/4 6-12 Co. preferred Class 1 5-31 — I— ^ Lone Star Cement Corp. (quar.)— Los Angeles Blltmore Hotel Co. (quar.) Corp.— 7- 5-31 5-31 17>/2c & 6-12 $1 Pipe Company, (quar.) 8% preferred (quar.) Lone Star Brewing : 6-16 15c 9 1* 6-12 8% 6-20 6-30 37 V2C * 6-29 15c 5-22 6-12 Common 2 25c — 6- 75c Common 1 6-15 6-15 6- 6-15 371/aC Chemical Co.— (quar.) ^ Common 25c 1 C Semi-annual 6-15 81V4C 2 7- 37'/a Common — 5-19 6- 25c Lock — 6-10 50c 87'/a C (quar.) prior preferred (quar.)— partic. pfd. (quar.)^ 6- 7-15 6-15 62 '/2c (increased)— (Wash., D. C.) — Service Corp. Common 6-20 . 6-22 $1.75 6- 9 7-21 7 10c Products Lily-Tulip 3 6-15 | & — 1 9 1 6-15 6- 1 5* (Toronto) t$7.50 : 7- 3 6-23 J on common meeting held div-- General on • ' . 6- 6-30 70c , , (quar.)— Corp Casualty Insurance Co. of Tenn.— Quarterly — Life Insurance Co. of Virginia (quar.) Liggett & Myers Tobacco, 7% pfd. (quar.) 6-15 1 25c (extra)- 6- 6-30 5-31 Life — Mills, Inc., common preferred (quar.)— 6- 6-30 40c (quar.)——— Dry Batteries 6-10 6-10 6-15 Liberty 5-29 1 6- to $1 preferred $20 par preferred 1 1 6-30 50c Lessings Inc. ——— General 5% 6-19 75c 2nd 7- 6-30 15c 6% 7 7- 15c Co. General Candy Corp. ' casco Products Corp.— (Directors took no action convertible 7 7- (John) 30c 5 — - quar.). (quar.) Silver — Co. Si (Increased preferred Salt 7% preferred series A (quar.)—— Box Company (quar.)—-—— General Cable Corp.. 4% 1st pfd. (quar.)„ 6-20 (quar.) Power 5-10 tiy2c Ltd (quan)——*.Z it Chemical Corp, Coke Co., Common 6-16 6- 37y2c — General 6-15 (quar.)_ Corp. Kennedy, Inc. 7- 75c —— (interim), Lawyers Title Insurance Co. (Va.)— 6- 2 6-30 $5 $4.25 6-15 1 1 . — Minerals Little American Transportation 8- 6- Cellucotton Products Co.— Lake Dufault 6-15 6-15 (Phila.)— Corp..— 1 6-15 1 20c , ' Chemical— Steel 6- 6-10 7- 10c (quar),—— common Elevating Class 6-15 15c (quar.) 6-16 Co.— Kings County Lighting Co., *4% Laclede Steel Co. (increased),^ 6-20 50c — (quar.)— Paper A.) 15c 1 5-31 6-30 $1.18% (quar.)— - 6-10 Co Products Water Kelsey-Hayes Wheel, Inc.— conv. Quarterly IOC carey, Baxter Pressed (George General Copper Co.— Resumed Canada & — — — (quar.) Gabriel Company (increased) Garfinckel (Julius), common (quar.) 4V2% convertible preferred (quar.) 5Y2% preferred (quar.)— Garrett Corporation (increased)—_— Fuller 1 . $1.25 dividend) (stock dividend equivalent preferred Fostoria 1 6-23 50c —- Wayne Corrugated Foster-Wheeler Corp. 5-17 6- i; $1.25 — America, Machinery 3XU% 7- 100% (cash 5% 25c "50c —————- (quar.)—. (Texas) 12VaC —»—— Corp in Inc Co., Co. Coal & Lehn (accum.) Building (s-a)l-———— Fort 6 $1.50 . common Canada Dry Ginger Ale, Inc., payable Food 7- 8 6- 2 7- U2%c. preferred series A Vi % preferred series Lehigh (quar.) — (quar.), (quar.);. Hecla Consolidated Mills of (increased) common - 6-14 5c (irreg.) Railway Motors- Common 5-27 50C 6-10 25c Corp. Common 6-14 25c , (quar.)— Utilities, preferred 6-30 75c 25c (quar.) 6-20 $1.25 ^ Co.—— Power Inc. 6-21 4 Vi % $i.l2Va hfefefred (quar.),I——"_— 20c Kearney & Trecker Corp .1 Kelley Island Lime & Transport Co.— 35c Increased quarterly 1—" 1 6-15 Radio preferred Flour 9 (quar.)— Watch Burgess Battery Co.—Burrlville Racing Assn., class A Butler Manufacturing Co.— 6- $1.75 Florida 9 $1.75 — • (quar.) ! & Phonograph (proposed stock dividend). One additional share of common for each share held. Stockholders will vote on May 29th— ——.— $3 1 6-30 — $1.37 y2 preferred Fifty Broadway 5-23 common 7% 6-20 6-30 Railroad 6-13 25c Oil A Kansas 6-12 6-30 /■•'■."40c ,• 12V2c 25c 5-23 6- 5-26 6-10 (quar.) Fifteen Hundred Walnut St. Corp. 1 $1.10 — — 9 7- 5-29 — 6- — Fanny Farmer Candy Shops, Inc. Federal Bake Shops, Inc—^— 6-30 t25c (quar.) 1 25c Fairmont $1.37 V2 (quar.) 7- 6-16 Erie $1 & preferred Calumet & 7- 75c (quar.)— preferred —; Bucyrus-Erie 5% 6-15 6- $1.60 6-30 *Ex-Cell-0 20c 9 (quar.)—— Equity Fund, Inc — Erie Coach Company (quar.) - (quar.) 6- 50c "V 2 6- 1 2 ' 1 common— Eskimo Pie, 5% preferred Essex Co. (s-a)——— - Brooklyn Borough Gas, 4.40% pfd. (quar.) »yi% 1 6 suc¬ . Broadway Market Corp. (Detroit) Brockway Glass Co. (quar.) Brockway Motor Co.— n 6-15 7- 6- 5 7- $1.50 . 6- ! 9 6-16 6-15 1 common a (T. G.) & Co., Ltd. (interimi— British-American Bank Note, Ltd- Bulova 1 7- 3iy»c 37y2c < 6- 6-30 7 6-14 25c ; -,.6-15 t 12V2c 7% Co.— convertible (E. 7- $1.37»/2 . .6- 6-30 $1.25 A 6-20 1 7- t6c -Joslyri Mfg. & Supply Co., common 4'/a% preferred (s-a) J ——„ Kansas City Power Ac Light Co., com. (quar.) 3.80% preferred (qivar.)— ~4% prefert-ed (qdaf.) 1—^ Kansas City Southern Ry., common——, 4% preferred (quar.),—_— — 6-10 A.5-31 , 6-30 common 7- 6-30 50c 25c 5-31 6-23 Emerson 25c 30c —— > 6-20 Electric Mfg. Co., 5 Shoe Corp., 6% pfd. (quar.).' •37'^c 20c Irving Trust Co. (N. Y.) (quar.) ,w> %$1.25 Jantzen Knitting Mills, 5% pfd. A (quar.)_ -'$1.50 Joplin Water works, 6% pfd. (quar.) 35c Joseph Si Felss Company (quar.)——„—— 6-15 1 6-14 6-15 1 7-10 Emerson 6-15 $1 (quar.)— the Casket 6- 6-30 (quar.) com. : for 6-23 6-28 50c 7- 6-30 7- 2 $1 15c . 7- 1 25c 6% 6 6- 6-6 Steel Irving 5-27 50c Ferries, 6-23 6- Statler Ironrite, —— pfd. 5 5 10c , - (quar.) conv. 6- 6- 6- Interstate 5-15 $1.12V2 Mfg. Co._— 6-20 6-23 6- International 5-31 75c Electric ' * 25c 6-20 4% 6- 9 , 25c 25c 2 6- 6-16 International 7-15 1 6-23 5-31 l 6-10 6-30 Common ' Co.— $2 50c — International I 25c —! Electric Controller & 6-15* 50c 6- 6-10 ' 5-18 — 5% pfd. (quar.)— Boat Co., Electric 5 6-30 .. <quar.)_ International . ( 1 6-20 6-20 prior preferred ———— Electric Products Corp. (Calif.), com. (quar.) * 5 6-30 — $1 T-18 $1.50 6- ——_ International ,6-5 8- 5c ; . Egry Register, Electric Auto-Lite 5 $5 Bright 4.40% 6- - (quar.) action Sons Bridgeport Brass Extra 6-15 81»/4C (quar.) payment time; cessive Brooke 7-15 6-30 .•» __ no dividend 9 5 6-15 115c , Laboratories, Inc.— Eddy Paper Corp.— ,2-9 150c (quar.) preferred 11- 3-1-51 (Phtla.)- Company, Inc., 1 • 9 $1 ______ Mfg. The directors took 5Vi % 12- 1 37»/2C common — preferred Inc.— Mills, Brach i 15c Foundry & Machine Co.- C.) Stores, 6% 8- 15c - (quar.) Decker (H. Botany 5-17 9- " Birdsboro & Inc. 6-1 15c (quar.) Co. 5 ; 6- 3 , 1 Inc.—"——.———— Co. (increased)-^ — (quar.)—— Increased 6-15 6-10 . 6-22 6 6-15 International 6-15 i,;"'7- 50c preferred (accum.) —.— Eastern-Malleable Iron Co. (quar.) —— Economic Investment Trust, Ltd. (irreg.)— Ecuadorian Corp., Ltd. (quar.) 6% 6-15 1 , 5-20 78- - ,6-15 •, 6-1 25c —— 7- -1 7- 137 y2c (quar.) (quar.) Consensus, 6-10 5-20 6- . Ltd.— (resumed)— (quar.)^—— (quar.)— prior preference 4M«% 5-17 (quar.) (quar.) Franklin Hotel Best Foods. Black preferred 6- 1 40c ' .: Corp., 1 : /«,. 15C , Loan 76- 50c . preferred Benjamin 5-31 i: Co. 'of .Canada $4 convertible 6-13 •: ' > — Industrial 5-31 < (quar.) —— Telephone fl-15 ' (quar.)*^——— Quarterly. Quarterly Quarterly' ±Z-—--i-. Beneficial ;5-20 12'/2C ^ Belknap Hardware Si Manufacturing ' 1 1 $1 = . Ties, Inc. 67- 6-15 (20c ; . .. 1 6-16 20c . Co., .4-%..pfd..(quar.) Inc., 6-15*; 7-1 50c . Bausch & Lomb Optical Bayuk. 6-30 $1.50 ! ——— •?preferred Val's 6-14 ; 6-15 1 $2 preferred (initial) Duncan Electric Mfg. Co.-(quar.)— Duval Sulphur & Potash (quar.)_——— East Mahanoy Railroad -(s-a) ——— Eastern Gas & Fuel Associates— Du ' (Allen B.) Mont 5 % ,6-15* 2 ,6- 5 50c Ltd. Corporation Draper (resumed) < accum. i Industries, -Dover s 6- 6-15 30c 50c s $1.12% $1.25 (quar.) $1.06 V4 B (quar.) L f50c Industrial Acceptance Corp.; Ltd., common. t$1.06V4 $4.25 preferred (quar.)— 1$1.25 $5 preferred (quar.) —— 131V4C 5% conv. preferred (quar.)—, — 140c $1.60 preferred (quar.) $3 Ingersoll-Rand Co., 6% preferred (s-a); 25c Inspiration Consolidated Copper Co.—— 6-10 6-24 •/. 25c (quar.)—— Corp; . 5-20 6-30 4 6-30 Co. ——— class A preference $1.50 conv. participating preferred stcok. We find.. ; this was incorrect,the proper payments ; !'.* are shown below.* • ; 1 5% 5 25c ; 6- 40c Class 6-30 '; 5 6-15 —— field) $4.75 preferred 6-15 1 6-24 $1.50 7-17 6- 6-30 75c Indianapolis f25c — 6-16 1 $1.12% Indiana 6-15 6-12 6-20 25c 1 6-20 „i— 6-16 t25c Corp. Doehler-Jarvis 1 6-30 30c 78- Hubinger Company —— —— Illinois Commercial Telephone Co. (Spring¬ 6-16 6- (quar.) 50c 15c Corp Company, Houston 1 7- , 6-12 Mining Drugs, Hotels 6-12 (quar.)_ Co., Disher Steel Construction Co., 4 2 — —; —. 7 6- 6-20 (quar.)_—— Diamond Portland Cement (increased quar.) 6- 5 , last umn Steel 7- 6-26 5c Detroit 1 2c 40c 6-^9 1 37 Vhc (quar.)——— (s-a) Co. 9 6- 7- $1.50 preferred (quar.)——! — Horner (Frank W.), Ltd., Class A (quar.) — 7- 1 25c 8-15 1 6-30 • " Dauch Paper Co.—,1,—— Furnace Hoover 7- $2.50 (quar.)— (quar.) Rubber & 2 6-26 i2yac Tire Hook 6-15 62»/2c (s-a)_ (quar.)——— Mill Mfg. Co. 6- 2 — Inc. 6-12 1 5 < pfd. 7- '6-20 75c ' v — 5% 7-15 Corp.—— Motors Hinde & Homestake 6- r 7-31 : (quar.) common Quarterly Holophane Company, 6- (s-a)— Co., ————1— Hercules 7- 50c 6-21 Hollinger Consolidated Gold Mines, Ltd.— 8- 20c 1 16c 6-12 7-17 •t 9 7- 12 %C 6-12 6-14 (initial).—— Publishing Co. Semi-annual . ' 7 6-14 $1.25 — (quar.)-—— 6- 16% %< 4Y2% 40c common.. 9 :5*31 . 6-15 9 6- t75c - 9 1 Co Munning preferred conv. Extra 6- \ 6-14 5c (s-a)_- preferred (quar.) Detroit Harvester Co. (quar.) — Detroit, Hillsdale & South Western RR. ' 15c 6-19 6-15, 10c convertible 5% 6- 9 6- Ltd. Corp., Winkle Heln-Werner 6-30 $1.25 ,• 6- 7- 25c 1 7• 6-15 I 50c — 7-1 7- 50c 1 Corp. of America, common Holland 15C. V —— Shoe Corp., Fund, Dcnman 6-15 -$1 ,;.6-1 — — Dempster • 10c 6-15 ( 1 7- 7- 50c preferred (quar.) Hathaway Manufacturing Co. (quar.) Hawaiian Electric Co., Ltd. (quar.) — Hecla Mining Company ——— 6-20 Cigar •Delaware 6-20 30C 1 , 6-14 i 7- 6c 7- 62>/ac 4 Vi % 6-20 (quar.)— Corp., com. Extra 6-22 +.i 7- Y.) (N. Corp..: David & Frere, Ltd., class A 6-30 $1 $2 Hat 1 , preferred conv. Hart-Carter 5-15 7- $1.50 Company (quar.) of America, Inc. Crowell-Collier y $3 5-26 5-26 $1.37 y2 Creameries 5-29 7-15 2 $1.75 Co. Co. Craddock-Terry «-1 1 6- 6-12 1 , (quar.) Oil Gulch Cow 6-21 (30c 5% 6- — Company preferred 5% 6-15 6-15 6-15 .'• - (quar.) Gin Petroleum Cosden Bankers-Securities Corp.- (Phila.)— .... v,.. c. Correction. Reported in our dividend col- , preferred 5% Continental 6-15 6-15 7- Hanson-Van * 1 6-15 6-15 ■ 2 10c 6-30 1 2 6- " (quar.)——.— Hall (W. F.) Printing Co. OquaT.)— 7- 6- 1 $1.50 Corp 1 6-30 6-15 1 7- $1.75 Steer Co. (increased)— Greenwich Water System. 6% pfd. (quar.) Griesedieck western Brewery Co., common, 8 6-30 1 7, 5-31 12 V2C City 2 $1.20 , < — -— Varnish Rapids 6- 25c (quar.) Paper dividend Stock Granite 6- 6-30 7- 40c ' 6-20 6- 15c 6-15 40c J Stock 6-14 H 6-30 56 y»c preferred & ,6-15 , 6-14 6-20 10c 6-5 >•-12 $1 ♦ 1 6- 25c 40c 6-15 20c —. .C) Co.— 6-15 15c Grand 2 $1.50 (quar.) 7-15 30c 6- 7-15 (quar.)— Engineering Consolidated 5-31 40c 6-12 Continental Foundry & Machine Co., com.— 1 $1.25 Co. 6- 6-15 1 6-8 6-20 12-20 $1.50 Extra 6 6- - t 1 25c Edison Consolidated Building & Equipment .Corp. of Amer¬ ica 6- 7- 1-1-51 53y»c Machinery Co. (quar.)w— Cigar Corp. (quar.) 6-15 6-22 -r 1 62V2C (quar.) Consolidated 1 6-29 (quar.)—.. 6- 1 $1.75 (quar.) Consolidated 6-16 6-13 37yac ——. & Sops 6-15 1 (Wash., D. 9 1 7- 6-14 Inc. $1.25 . Credit Compo Shoe 5 10c ,, 6- common preferred (quar.) $7 preferred (quar.) 8 50C , 6-15 , pfd. 67- 20c Gold 40c (quar.) preferred 5V-i% 5 6-30 ; - .r Paper .'Mills Badger Bancroft 6- Inc., $6 6-15 6-15 50c — 30c 6-10 1 50c $1.25 (irreg.) (quar.) : ' :—— Telegraph Co. (quar.)—— Goldblatt Brothers, Inc., common (quar.) — $2.50 prclerred (quar.)—— Gorton-Pew Fisheries (quar.)_— — Government Employees Insurance Co. (s-a > _ 6-15 1 6-15 1 (quar.)— 7% 6-15 6-30 12 V2C 7- Globe-Wernicke Co.; common 6-12 6-30 —T— Commonwealth Water & Light Co.— 6-5 6-22 50c (quar.)— Globe-Union, Commonwealth Water Co.— 5-29 7- 1% ^»fd. Commercial Solvents Corp. Commonwealth Investment '5-31 1 •i.,(quar.)-,;. 8 $1.50 Ice Commercial, 6-14* 7- $2.50 5 6- 6-12 $1.50 * Semi-annual - . N • 6- 6-24 Co.r Columbia Title Insurance Co. 8-31 6-10 12>/2C Inc. • 6- (s-a).——— of Products, 5 30c . 6-15 $4 (quar.) Company, common$6 preferred (quar.)— Colt's Manufacturing Co. (irreg.) 6-l"5* ■ 50c . 4%. pfd. preferred Alarm Wilcox & . 6- Colonial 5 16C — 25c (quar.) Products. Inc., 5% Company, 4vV4%" preferred 6-14 10c (quar.)——_ Co. Coleman 6 50c preferred -(s-a)i*—„ non-cum. Coble Dairy ' 6 6-28 25c convertibles-preferred Atlantic 5 66- 25c Co.,. com...(quar.) Refining & 6^ Molybdenum Clinton Water Works, " 6-16 — Oil Climax 5-20 6-20 50C (quar.) / (quar.)— —*—— Atchison. Topeka, & Santa Pe Ry. Co.— < Bank 1 1 $1.20 5-26 10c 12-20 25c $5 preferred 6-15 6-30 9 6-30 55c (quar.)— — Glens Falls Insurance Co. (N. Y.) (quar.)_ Glldden Company common (quar.) 4Ya% conv. preferred (quar.)— — 62V2c 9' 6- 1 50c Brick Shale 25c 1-1-51 7- Ashland Cleveland Graphite Bronze Co.j com. 5% preferred (quar.)— 10C (quar.)—„— Glen-Gery $1.50 Co. 7- Corp. 5-25 3 divi¬ Machine——: $1.75 Constable 1 6- $1.50 Hobbing $1.50 (quar.)—-— ———; $1.12 >/2 Steel Corp., 4%% pfd._(quar.) Arnold 6- 7- 40c — Quarries preferred Armco 6-13 $2 (s-a) Cleveland 1 — 6-15 6-28 6-14 $1.50 Co Mahoning Ry. Cleveland 1 — (quar.) Lambert; Mfg. & 1 $3 45c 10c 5-19 35c 1 5-20 6- 1 7- $1.50 (quar.)_ common 7- — — T 4.40% • RR.— the 6-20 7- - 6- 5-31 v in 1 $1.75 $7 pfd. accumulation 1 7- - 6-15 (quar.) common preferred (quar.)—: Georgia-Carolina Brifck & Tile Co. (quar.)Georgia Power Co., $6 pfd. (quar.) $5 preferred (quar.) — Glsholt Machine Co. (quar.) —— Glen Alden Coal Co. (resumed) t45c (s-a) 6- 75c — & Light, Co. 7- .35c Co., new common (initial)American -Optical Co.. (quar.) —. . American Power & Light Company (initial), American Re-Insurance Co. (N. Y.) (quar.) American Republics Corp. (s-a)_—— American Reserve Insurance Co.————American Stamping Co. (irreg.) American Sumatra Tobacco Corp. (quar.) — Ampco Metal, Inc. (quar.)— Anaconda Copper Mining Co.— — Anchor Post Products, Inc. (quar.) Angostura-Wuppcrman Corp. (quar.)— Apex Smelting Co. (quar.),—— Powet Homes 6-16 lJ $1.75 .... 50c $1.50 Semi-annual ' , 2 limitation) -(Clearfield Si ' 6-15 * ' 2 6- (quar.);._ $3 25c American Meter $6 6-15 1 75c • 6- - 'V- 7- 50c preferred (quar.) a Can Co., 7% preferred (quar.),^ , American Hoist & Derrick Co. (quar.) — — American Home Products Corp. (monthly), American Laundry Machinery Co.-—— American Locker Co., class A (quar. >—— American Locomotive Co., common Arkansas unpaid dend " —- Arkansas-Missouri Power Co.. (quar.) preferred & Suburban Clayton 7- 50c 6% (quar.) 2 '6-12 20c — American preferred Bend 5c ~,, 1 (quar.) $3 Agricultural Chemical Co. (Del.) — ' Bank Note Co., common———;— American City non-cum. Railway preferred (quar.) General Telephone Corp., Payable of Rec» 25c • 50c • quar.) •— — American 7% 6-20 -A1.05 Co.; 4.20% pfd. (quar.)_,„.. Alan Wood Steel Co. (sce Wood (Alan) -Steel). Alexander & Baldwin, ■ Ltd. tquar.) Allegheny Si Western Ry. Co., gtd.-(s-a)___ Power 6- 6% Signal, 6% 1 Quarterly Cincinnati, New Orleans & Texas Pacific Ry. City Products Corp, (quar.) City Railway (DaytonK common (quar.) 2 General 2 7- Cold (For 29C ; 6- 6-15 75c ——— Semi-annual 1— Allen Electric & Equipment (increased Allen Industries. Inc. (increased) Allied Mills, Inc. (quar.)— 5-15 1 6- 7- • 1 6- 6-23 $1.75 — 6-1 1 6-15 —— Alabama 1 6- Glove Works, Ball & Roller 6- preferred 6-15 $1.183/4 (quar.) Chicago, South Shore Si South 6-7 1 7- preferred (quar.) • t37y2c. 150c $1 pfd. .—10c Aetna Bearing, com. (quar.), 25C 5% convertible preferred (quar.),,, Affiliated Gas Equipment, Inc.— ..... . 75C $3 preferred ' (quar.)-—^ .> Agricultural Insurance Co<-- (Watertown,,; $1.50 Acme 1 preferred Chemical Bank & Trust Co. (N. Y.) (quar.) Chicago, Burlington & Quincy RR._.-_',.„, Chicago Dock & Canal (increased) Chicago Rivet & Machine Co. (increased) 6-7 7- 50c + . 1 7- .■ <fc Paper Co., Ltd., common-. Power nhitibi 7- 40c 5c 10c America, common_.,.i^H. Share of Company 11 •. Holders When Per Name Payable of Rec. 60c (irreg.) America of Storage Co. (quar.) Transit. 6% pfd. (quar.)__ Chateau-Gai Wines, Ltd Payable of Rec. Share .. of Charleston announced, but which have not yet reached their payment date. " : , When pr Holders Laboratories' (quar".) 1st 2nd Central ously Name Corp. Celanese Corp. Dividend announcements are grouped in two separate tables. In the first, we indicate all the dividends an¬ nounced during the current week. Then we follow with a second table in which we show the payments previ¬ Share Company Holders When Per DIVIDENDS Abbott (2203) The Commercial and Financial Chronicle . * + - J'' . vJA.: • Gerieral Phoenix Corp. (quar.)———— Plywood Corp., 5% preferred (quar.) '15c ■25c 6-15' S- 5 1 5-29 6- ' , Mapes Consolidated Mfg. Co. Marlon Power Shovel Co.;7% <quar.)„ pfd. (accum.). 60c.. $1.75 6-15 6-30 « ; .6-, 1 6-is 12 The (2204) Per Name at $110 1 Wall Marsh 6c Martin-Parry Corp. 25c 5-31 5 6-20 (W. Maxson Corp., L.) Company McCrory Stores Cory., convertible $3.50 common (quar.) (quar.)__,— common preferred Extra —— - — r McKesson & Bobbins Inc., com. (quar.) preferred (quar.)__ Melchers Distilleries, Ltd.— 6% partic. pfd. (s-a) Merchants Refrigerating, class A Merck Co. Metal Forming (quar.) Corp. (quar.) Michaels Stern & Co., Class B Michigan - Associated Hone Corp. Middlesex Water Co. (quar.) Birmingham RR. Monroe Chemical Co., $3.50 pfd. Mills, Ltd., redeemable pref. 7% preferred A 7% preferred Mullins B Co. 5-31 Roosevelt Oil & 7- 6-16 Royal Crown Bottling Cb. of Louisville 5% preferred (quar.) 6-20 6- 5-31 5-18 Ruberoid 5-31 5-18 Russell & Steel (quar.) 6-10 5-29 6-10 5-31 6- 1 5-19 St.'Louis-San San Jose $0.296875 .'r 6-1 (quar.)^ $0.296875 6- 7- 1 6-20 6- 7- 7- 6- 6-15 6-16 9 6-30 6- 9 8- 1 40c 6-24 6- 7- 1 7- 1 1 6-15 6-15 66- 6-30 Co. » 6-30 20c 6-23 6- 6- 1 1 6- 5% Fund ___!_ ' - 5-25 5- 5 " 15c 5-25 5- 5 ' 5-25 5- 5 15c 5-25 5- 5 7c 5-25 5- 12c ___ 5-25 5-25 5-25 5-25 7c 5-25 5- 5-25 5- 15c 10c 5-25 5- 7c Bonds 5-25 5- 56Vic 4%% : 7- 3 7- 3 6-15 6- 6-30 6-20 10c 6-30 30c North Star Oil, Ltd., 7% pfd. (quar.) Northern Indiana Public Service Co., com.__ t8%c 7- 1 7- 3 35c Northern Paper Mills, common preferred (quar.) (quar.) 6-20 22Vic (quar.) 6-30 6-20 6- 8 5 6-15 6-20 6- 5 $1.50 Ltd.,__ 50c 6-20 6- 5 15c common (quar.) Nacific Indemnity Co. Parker Appliance Co 6-15 6- 1 6-27 6- 5 7- $2 1 6-12 7- 1 6-12 7- 1. 6-15 6-28 6-14 $3 6-30 6-20 .., 15c 7-25 7-10 45c 7- 1 6-13 $1.25 (quar.) 7- 1 6-13 40c 7- 1 6-10 (quar.) $1.12% 7- 1 6-10 (quar.) • $1.15 7- 1 6-10 Pennsylvania Telephone Corp.— $2.10 preferred (quar.) Co. 53c (quar.) (quar.) preferred (quar.)' Philadelphia Title Insurance 6-30 7- 6- $1.25 ^ Co. 6-15 7- 7-20 $1.50 $5 7-. 1 20c 15c , common (irreg.) 7- 1 3 3 6- 6- 5 1 1 6-15 6-10 6- 6- 25c 7 6-30 Pittsburgh, Fort Wayne & Chicago Ry. Co.— •Common (quar.) ___i preferred (quar.) Powdrel1 St Alexander, P**tt Food Co Inc._ 1 6-20 $1.75 7- 1 6- 9 $1.75 . 7- 5 6- 9 12 %c 6-15 6- 2 $2.50 6- 1 7- 1 6-16 ' > 50c 7- 6-12'" ; 20c V (quar.)__ (quar.) 5-20 > 7- . 1 $1.06V4 Thor 1 * 6-1 6- 1 1'*"- 66- 1 ; 6- 1 .■' 1 - 6-1 5-19 : 7- 1 7- 1 " • $1.50 6- i 9 6-20 ^ 6-20 >" 7-25 6-30 7-25 6-30 6-15 6- 1 6-15 $1.75 : quar.) 30c ■ 30c 37Vic 6- 1 - 6-1 6-15 6- 25c * 6-15 37Vic ______ 6-30 * 25c common 7- 25c - 10c 8 1 6-19 6-10 66- 1 6- 6-10 6- 6- 1 5-31 7- 1 6-10 7-1 Inc.__, 7 6-30 6- 25c ; U. Gas 6-10 . 9 . " %;"•; V-s?:.;' :y 5-31 6-1 6-15 3IV2C 6-15 5-31 $15c 6-1 5-3 $2.50 10-1 9-19 87%c 6- 1 5-22 (increased) D.) B 1L-J. Co.— $4 6-28 5-29 $4 $2c 37%c 6-28 6-10 7-1 5-29 5-10 6-10 $1.06% & 6-15 7- of 6- ' Casualty Chain American American 7-10 6-28 7- 1 6-16 7- 1 6-16 American 7- 1 €-16 American 7-3 6-1 3(4% 1 5-22 American " 67- 1 1 6-15 r 75c. $1 7-20 6- 1 7- 1 6- 1 5-18 6-15 6-15 5-15 6-14 5-19 25c 6-12 6- 35c ' 7-1 6-1 9-1 f60c 6-5 40c 6-10 5-3 8-2 5-5 5-15 75c 70c 7- 1 6-10 6-15 5-17 87 (4c 6- 1 5-16 .. ' 25c 2 : 66- 5 6- 7- 1 1 6-30 6- i 5 $6 6-12 ' ; 6*" : 7-.1 • 6-30 - 6- 9 6- Co., 35c 6-15 62%c 7- 1 7- 1 6-12 6-12 40c 50c 25c 6-15 6- 7 6-15 '5-26 30c 6-15 6- 5 43%c 6-15 6- 5 $2 7- 1 6-15 15c 6-12 5-31 6-15 $1.50 .___ (quar.) A 87(4c (quar.) (N. J.) Co. 6-30 — 6-16 6- 1 12 %c (quar.)_____ 5-31 6-26 5-24 17%c 6- 1 5-29 6-1 5-20 75c 6-10 5-15 89c 6- 8 —-- 75c 6- 1 5-16 $1 Inc, 50c redemption June on 8 at $110 share plus General this ; _ 6-14 , dividend. Corp., $3 pfd. (quar.)_t._ 62(4c 6- 1 50c 6- 1 5-16 5-:16 75c 6-12 6- 1 25c 6-10 6-1 6- 1 6-15 5-15 — 10c 10c T__ preferred 10c 6-15 75c 6-15 37%c (quar.) New (quar.)_ , . , common (initial) Home Insplator, Products Corp. common (monthly)^ (quar.) Extra preferred -(s=-a) American Investment Co. > American - Illinois 4 % % American Metal ; 50c . . American quarterly National Finance, pfd. (s-a)*; American Potash & Chemical, class A (quar.) Class B (quar.) $4 preferred A 7-15 6-30 $3 37 %c 6-15 6-15 6- 1 6- 1 37 (4c 6-15 6- I 6-15 on 8-21 . . (quar.)__T (Continued 5-22 * r-' * $6 9- 1 $1 Co.— 6- 1 6-10 6- 1 20c __. Products 6- 1 6-1 5-15 25c Foundry Co., common. Company, Ltd., common.-.. preferred 6- 1 $1.12(4 (quar.) Machine & Metal of Increased $2 6-10 $2.50 common- com. 5-24 6-20 6- 5 5-25 5-25 6-1 6-15 6-1 2% dividend)_i_ Prior 9 6-26 5-24 6-1 5-31 7- 1 6-15 6-10 (quar.)_ Lines, American y 7-14 6- 1 5c 25c Tiling Corp. American • 50c . 5c $1.25 (quar.) (quar.) preferred American 5-29 50c 1 " 5-15 6-12 5-29 Til. preferred (quar.) American Hide & Leather, G% pfd. American Hoist & Derrick Co.— 6 6-15 6-15 6-13 (quai^;)"' (quar.) $2 ^ 25c (quar.) $2.50 6-20 25c ' per American , 6-16 7- 5-15 7-1 " 2 1 called for ■t 5 6-20 7- 50c ! .i 5-29 6-12 , (Baltimore) Co. 1 15c Forging & Socket Co _14_ American Gas & Electric Co., com. (quar.)lli4%% preferred—All outstanding shares 6 6-20 ' 95c (quar.) (stock 6- 50c \ American 50c 1 pfd. Telegraph Co. Export American 13%c . District Enka 6- 1 6- 9 50c Cable Encaustic 5-31 " 6- 50c r Quarterly 5-26 6-15 6-5 t25c Company American - ■ & Chicle American " 9 ^ 6- 7* 5-19* 5-12 5-19 6-9 81 %c,', t25c Co. 5 6- 5-19 6-30 Ltd.— Corp., 5% convertible 6-20 6-15 6- 1 6-1 50c 93%c Colortype Company Cyanamid Company, 6- 22Vac 1 25c $3 _ (accum.)_ 7- —12%c Cigarette & Cigar preferred (quar.) 6% 6-15 7- 50c $1.25 I 40c common American - preferred 6- 1 Extra 50c common 25c ; ; Bosch 1 15c (quar.)__ (irreg.) 6- 1 6-15 (quar.) American 5-31 $1.75 * \ (quar.)____ 6-10 6-30 (quar.) Bakeries Co. (quar.) Barge Line Co.; American Beverage, 4% conv. pfd. 20c prior preferred (quar.)_! 6-20 40c fresumed)__ 7- 1 50c $1.12% (quar.) common America, Quarterly 1 31 (4c Co.— < • American Automobile Insurance Co. (St. Louis) 6-30 31 Vic (quar.)1 Power £_ convertible 5-26 (quar.)_ (quar.) _ Aluminium, Ltd. Alpha Portland Cement Co Amalgamated Leather Cos.— 7-15 Omaha, Ltd (quar.) Co. preferred 5-22 8- 10c Co. Mfg. Coy * preferred (quar.) Aluminum Co. of Canada, 4% preferred (quar.) 25c (quar.)___ —, Ltd preferred $4 a.) (s-a)_ Consolidated Oils, 15c conv. r: r :ty1 /::- Extra 1 (quar.) 7%, non-cum. preferred Co. RR. Aldens, Inc., common (quar.)___ 4%% preferred (quar.) Allegheny-Ludlum Steel Corp., common $4.50 preferred (quar.) -r—: Allied Gas Company (quar.) Allied Products Corp. (quar.) Allied Stores Corp., com. (quar.) 4% preferred (quar.) Allied Laboratories, Inc. (quar.) Allis (Louis) Company (quar.) $3.75 1 _ (quar.) Southern Pacific 6-30 Corp. Storage Corp. Co., Corp.— preferred Ordinary (s-a), ft% -'participating: preferred 6-10 1 of Upressit Metal Cap, 8% >. American fi5c (Hartford) preferred y. S. Lumber. Co. — . Youngstown RR.—- American (l. Light Co. Ltd American 35c Co. Stores, (s-a)i._ Great 25c preferred Carbon RR. & Gas prior 5-31 : & Alabama Alabama 6c Co. 6% Canton (quar.)__'r_: Engineering Co. Shoe preferred 6-10 $1 .y 5-19. 6- 2 6- 87Vic $1.50 6-9 6-15 1 6-19 (initial quar.) . 7- $2.50 (s-a) preferred .(quar.)___ Amerex Holding Corp. (s-a) American Airlines, Inc. 3 % % pfd. (quar.)__ 1 ' 6-9 6-15 6-15 25c Co. 7-3 7-3 6-15 4% • Holders Payable of Rec. 6-15 6-19 15c Trust When Share :v 5-23 1 Corp Upson-Walton 6- .IOC —__ 6-30 1 (quar) Electric Tobacco 6-26 (irreg, 8 6-12 7- 32c S. Fidelity & Guarantee Quarterly 1 S. 9 40c (J. -7- U, S. Freight Co.___ U. 6- Manufacturing Co. (quar.)25c Advance Aluminum Castings Corp.__—12%c Aerovox Corporation, common 20c 6% convertible preferred (quar.>___—37V2C Adams $1 (quar.) Investment. Co.^ Cold 1 6- 2 35c (quar.) Brick & Tile-(s-a) United Electrical Coal Cos. S. 7- * €-15 20c United U. 25c . 8 5-19 6% Corp Union Stockyards United 5-20 Altes Brewing Co. (quar.) 1 50c 1 Clutch non-cum. 1 1 1 62Vic Co. (quar.)_:___ Tyler Fixture Corp.. common (irreg.) 5% % preferred (quar.)_l 6% 6- 5c preferred Aluminum ' 1 6-10 6-10 40c (increased). Insurance Pacific 6- 56 V4c , 3(4% 6-19 45c < (quar.) Cement, & Quarterly. J Union 6-28 we Allis-Chalmers 6-16 7- 7-1 25c — Markets, Inc., common (quar.)_'_ preferred (initial series) (quar.) Carbide 6- $1.25 _______ 6-15 ^ 1 lOo pfd. (quar.)_—^ Tropic-Aire, Inc., Union 5-31 6-28 6- 6-16 . quarterly Gas, 6-12 6-30 50c Extra 5% - 6-16 " 6-30 : Brewing Co. Disc 6-30 125c (quar.) '«Per Alberta 6-30 - Co., Inc., common 7%, preferred (quar.)__ Shipyards Corp Tucson 12 %c _— Ltd. Name of Company $3,50 ; 18%c Todd Twin 6-15 (quar.) Corp. Acme Steel Company ' 5c (quar.) Inc., Products Royalty Products Akron ? Tobin Packing Travelers 1 Refineries, Ltd.— A partic. pref. (quar.) 1$25c Participating —__!_—». —t70c 5% pref. (quar.) f$1.25 Acme Electric Corp., common (quar.)___— • 5c 6-1 6-15 50c conv. Toklan 1 7- preferred— Manufacturing Co.——, Towne & :r. 5% 6-15 50c, (quar.) Mining Co. (increased): Insurance 1 6- Inc.<, 4(4% Aetna-Standard 6-15 12Vic ^ ; • 8%-non-.conv. preferred series Tip Top Tailors, Ltd. (quar.) Title 6- 6-15 $1.25 preferred, (quar.)?____, Agnew-Surpass Corp.— Corp. Corporation 5% 6-20 10c 8 common— __________ Co., Lothrop, - 6-15 45c Thorofare & ■ 6-15 • $1.25* (increased quar.) Portland 1 6-12 ■' 6-15 !'J- 25c - preferred(quar.)l;^ — Increased 5-29 $1 (special) 6-30 8c Co. $5 Co ' 6-12 United Board & Carton Corp.— . Philadelphia Company, 6-16 Thermatomic Carbon Company____, Union (increased) Pierce Governor 1 20c Traffic Co. (s-a) Pennsylvania Glass Sand Corp.. com. 5% preferred (quar.) 1 Pennsylvania Power & Light Co.— Phillips Screw Co Pickering Lumber 6- 75c (quar.) Pcnn preferred 6-15 25c Peerless Casualty Co. (Keene, N. H.)— 6% preferred (s-a) Circle 5-19 50c Corporation, common preferred (quar.) preferred 5-25 50c (quar.) Omnibus preferred 5-19 10c (quar.) 1 7-1 (quar.)— Texas Utilities Co. 5-31 5-25 25c (quar.) 6-15 50c s. Guaranty Co. Extra 7- 25c r__- (increased Camp, preferred 25c Corp Class '» Texas Southeastern Gas Co.— 6-10 6- prior Texas Electric Service, $4 $6 5-31 Acadia-Atlantic Sugar ' ' > 7-15 pfd. (quar.)— Insurance Co. common ccmmon... Tennessee 15c North American Co. to $5 Finance common Tecumseh 40c ____ (quar.) Extra 5-23 Sylvania Electric Products, Inc., common $4 preferred (quar.) 6- > 6-12 preferred Superior 6-21 7-1 preferred (quar.)_____ Aluminum Products, Inc Sunshine 6- $1.18% common 5% 5- 5- 1 1 5-22 Stromberg-Carlson Co., 4% preferred (quar.) Suburban Propane Gas Corp.— 5- 5-25 13c Tobacco 5-25 11c ____. « - 1 Extra 5- - 1 — common B 6-15 __r Marine- Stratton & Terstegge 5- 5-25 5-25 • • $1 Extra 5- 5-25 7c Equipment 5-25 6c Utility Railroad ">• ■, 1 $1.12>/a convertible Class 5-31 $1-20 a- v ; (quar.)_ (accum.) 5- 5-25 6- 6-15 give the dividends announced In previous ' The list does not include dividends announced this week, these being given in th« preceding table, 'v 6- 5% ' prior preferred (quar.)___ Stonecutter Mills Corp., class A common 5- 5-25 14c 10c preferred (quar.) Niles-Bement-Pond Co & Stewart-Warner 6-20 Company— Manufacturing Below *; ? 15c (accum.)_ Stokely-Van J 6-30 50c preferred Sterling 6- 9 6- v conv. preferred B 5-25 . 15c '• prior 6% 5- 13c ;_ Service, Fire & f 5-24 7- (quar.)____^$1.18% Factors A 20c (quar.)____v Woolf Brothers, *y 5-24 50c —___ (quar.) Loan 6- : 6- 9 5 ' - -(quar.) 6%, preferred 5- 5-25 9 weeks and not yet paid. (quar.)__ common prior Class 5- 9c 6-15 $1.12% ___________ preferred Zonite - (quar.) pfd. $6 Class 5- 11c ■_ 4.60% 75c I (quar.) com. $7 State 6 , , ' Service Steel Woodley Petroleum Co. Yale 6-22 7-1 $3 (quar.)__- 75c preferred <quar.)_ Standard Gas & Electric— 5- 5-25 6-15 6-30 . — common preference $2 5- 10c : • > Co., Corp., 5- 5-25 5-25 5 J .6-22 v 5 6- 13c common Standard 5- 10c • ' Public (Alan) 5% 62Vic Royalty Co. Inc., 5%. Springfield 9 3c ► / 1 6-28 • • (quar.)_ preferred Southland ^ 15c Sperti. Foods, 17c ______ 6- 6-30 25q , - Gas preferred (Mass.) 10c *Vst•% 25c (s-a) Sugar Co.,-com. preferred 4%% 6-16 7- 7-21 6-23 30c (quar.)___ (quar.) Inc.,. common Dessauer & 5% ' 1 7-10 leg. Water, 4Va-% convertible . 7-10 $1.12 Va — Laboratories Stahl-Meyer, Inc., Fund___: Oil Perfect $1 4(4% 6- 5 6-14 7-10 ' Union Wood 33%c (quar.)" Rico 8% 'preferred 9 7- Porto Wolf 5-20 "65c - Electric & Gas, preferred Southern 6-15 $2.50 ; Metals Common ,45c . V Extra 6-15 1 7- 1 $1 . preferred ■;(qua r.) 6-17 6-22 (quar.) French ' 6 7- $1.06% —. (s-a) 1 50c 8- 6-17 I2V2C Company, 4.80 % 7- / 20c & Carolina 5% 6-30 40c ._ L.) Kline South 6-15 7-15 7-21 n. 25c 6-23 7-1 (quar.)_j,— $4.50 preferred -(quar.) South Pittsburgh 5 25c .... — 15c Co. preferred South 5 6-15 U3c Insurance Stock &% 6% Smith, 6-15 7-15 1 6-20 6- 5 Company. Inc.', Smith' (T. 5* 25c ____ Oliver Corporation Shoe deposit rets, for ord. Sloane-Blabon, 6% preferred A 6-5 7- 8- 1 6-15 v Amer. 6-20 15c 6-19 (i $1.43% 1 6- 5 (quar.)__: preferred Singer Manufacturing Co., Ltd. 7-14 25c 1 7- 5-20 " f t (quar.)_ convertible Selby 5-31 25c 7- 7- 6-15 Simmons-3oardman Publishing Corp.— $3 preferred (quar. - t37%c . Co., Co., common convertible preferred 5-23 6- 5-15 t 75c 5-31 $1.12V3 6-13 6-30 6-10 1 $1.12% 6-15 • Servel, 25c Equipment Confection •< (quar.)^_ Shakespeare 1 6-.1 6- 40c — Woodward • preferred 6-19 1 1 6-20 50c - 6-15 Woods (quar.) series A 6-30 6-15 7- 25C w.— 6-20 $1.02V2 1 7- 25c —__ 6-20 8-14 Seeger Refrigerator Co 9 7- 5-16 5-19 1 8-14 17V2C (quar.)__^____; $2.60 6-15 1 7* 1 1 1 9- 30c $1.35 50c Machinery Merchandising Preferred preferred Seaboard Finance 6-15 7- 9 5-29 $1 ,'■ preference 6- 7- 1 Co.-(reduced) Scruggs-Vandervoort-Barney,- Inc.— 6-23 6- 6- 7-10 7- 9-1 Scranton-Spring Brook Water Service, corn.- 4.10% 6-29 $1.50 Stock __' Co., Lace Scranton 1 30c Chemical 7% 6-15 6-10 6-20 6-30 6-15 7- 1 5ya% —— 8c Sugar common preferred (quar.)— 41V4C Scovill Manufacturing Co., common____—1 50c 3.65% preferred (quar.)i__— > 91V4C 4.30% preferred (quar.) $1.07Va 1 11c Oakland Title Ins. & B (irreg.) (quar.)_— Co. 7-15 (s-a) Building Supply 6% Works, Brothers, 6- 1 ; pref. Water 3 _______ Stock conv. Francisco Railway 20c Aviation 41/2% Sanger 6-16 6- 75c 30c Wisconsin 7-1 (quar.i 6-10 7-20 $1.06% 50c preferred A preferred 1 5-31 6-20 35c preferred (quar.)____ 6% preferred (quar.) Willys-Overland Motors, Inc.— $4.50 preferred A (quar.) * Wisconsin Hydro Electric Co.. (quar. ) Wisconsin Power & Light, 4'/z% pfd. (quar.) 6'10 ' 6-20 40c . (quar.).—- 6"24 43/a'/c T $1.25 (quar.)___^____ Stores, 6-15 7- 1 6-15 6-15 43/4% 1 2 $1.50 6-10 5-31 75c (quar.) Company,icommon A 6-14 5-31 6-20 ——7. — class 51 6-12 6- Electric Wico 1 6-20 (quae.) Co. 7- 30c *. (quar.)— Co. Motor 37V2C $1.25 12Vac 50c 6- 6- $1.50; $4.25 6-16 1 5-22 6-10 $1.08 . , — (quar.),__ Corp. Telephone prior lien 4% 6% 1 7- 6-30 5-31 5-29 ' Department Wieboldt 6-21 7- ^ -1 5-31 6-24 (quar.) — Co. Motor Coast White 6-30 6-15 6-15 20c 6-23 6-15 5-27 5c ; __—^ Webster-Chicago J - 7- 6-12 50c Investment Fund Nopco Chemical Co 6-15 50c 6-30 25c Stores (quar.) Wheeling & Lake Erie RR., cpmmon________, 5-15 6- 9 (quar.) I5c 1 Inc.— Public 6- 1 6-26 — 37%c Automobile Orleans Shops Mills Western b- 2 b-ib 6- 2 j 6-15 6- 1 • t 6-5.. 6-10 ; 40c Industry Shares Government 6-10 6- 1 ^ ?7VaC Joseph Light & Power Co., common: 5% preferred A (quar.)—^____ St.'Louis Public Service, class A (initial)—: Extra Castings— Corporate Bond Series Industry Series— Agricultural Railroad 6-20 6-15 >> West 12Vac 50c f T ——. pfd. (Northam)7$3 Warwick Extra St. 6- ________ Light (quar.)—: Preferred Steel 50c 25c : — Holders Payable of Rec> 40c Co., coomQiL,-^^-- preferred (quar.) Wagner Electric Corp._^ (Ky.) 5-15 3 Paper Co. Diversified Public 6-16 (accum.) 6-15 $3.50 Investment Electrical pfd. 6% 1 7- Management Series— Coast 6-30 — (increased) Mfg. Co. 7- (quar.) Diversified Diversified Refining. Company $4.50 — Co. York Stocks, General 9 Inc.1 (quar.)_j ' _ 7% Waukesha 6-15 6-30 — 5-31 15c (quar.)__ New York & Harlem RR. $6 6-10 Common (quar.)____ Newport Industries, Inc., common____ 4%% preferred (quar.) Oblo Roos (quar.)__ Vulcan Detinning Warren t . - 6-30 7-1 (quar.)— ——. New Haven Water Co. Oahu 6-12 6- Telephone New Haven Gas New 1 6- (quar.)_^______ Co., Ltd._i~ New Hampshire Fire Insurance Co. (qaur.)__ Brunswick Food 7- 6- (s-a) Nekoosa-Edwards Bank 6-12 30c (Detroit) _: preferred Pacific 1 40c National Steel Car, Ltd. (quar.)__ Natareth Cement Co., common New 7- Company, common preferred (quar.)__ 3 — National-Standard New Ritter 3 ;_ National Motor Bearing Co National Radiator Co. 7% 6-12 1 6-19 $3 $1.25 1 Brothers. 6-15 ,.«■ «" 1 b- 1 6-2_ 37 /ac 7- 5% b-io b-iJ 75c • —— Paper Co. Virginia-Carolina Chemical Corp.— ...6% participating preferred (accum.)' _' common (quar J $4.04 preferred (initial) ~*' $5 preferred (quar.)__b-io Virginia Electric & Power, b-lb 7-1^ ■, H 6- 9 > 7-1 Stoker Corp.— 3 (Md.) Co. bo. preferred B Co. Riley 7- _ (Hawaii) Securities Increased (quar.) (Washington, D. C.) A & Mohawk Utica ;• 6-20 6-30 6-30 ® 7-1 7-10 2 /ic 50c 2nd pfd. 2 25c When ^ Share y , $i;,50 6- 7- — Extra 6% £2 Semi-annual' t$1.75 : (increased quarjl National Malleable 5-31 . $1.50 (increased) (quar.) Company, 4% $40c t75c _ (quar.)__ National Gypsum Co. National Lead Co., common , 6-30 (quar.). common (Pittsburgh) t25c (quar.)— — Casualty Reading tl.75 Ltd. —_ National Rand's 3 $1.75 (quar.)_ •»:■ Refining Co. OH Utah . 7- 3 25c 15c 49c ; " 25c (quar.)—— 9 87%c Murray Corp. of America, com. (quar.) 4% ..preferred (quar.) Mtituai System 6%.'pfd. (quar.)—_________ Nation-Wide 1 7- 30c (quar.) Mutual Telephone 6- 50c —___ (quar.) Co. Mfg. Co. 6-15 7-15 80c —: common 4% Mueller Brass 6-20 preferred 6- 62 %c common— 2nd preferred (quar.) Montreal Locomotive Works, Corp. 3 8*Je Quaker Oats Co., common 6% preferred (quar.) Rhinelander $2 125c (quar.) 7% Moore 7- Pyle-National Co., 6-16 6-20 2 20c — _ Flour 1 3 6- 50c 4% pfd. (s-a) Modern Containers, Ltd., class A (quar.) Modine Mfg. Co. (quar.) Monroe Auto Equipment Co., common 5% preferred (quar.) Montana 6-16 77- • 50c . H"1* ,6-0 6-26 . ' — 15c 10c _____ *— Appliance Corp. (increased! Mississippi River Fuel Corp. & 6-30 Inc._____ Products. Saco-Lowell Mission Mobile 6- 9 67 %c __j—_— 35c — 75c (quar.) Michigan Steel Tube Products Co Micromatic *. 6- 10c preferred 6-15 Telephone Co.— Common 5.40% 5 Purolator 50c — , Puget Sound Pulp & Timber Co Corp., Ltd. (quar.) 50c ._ class A ,___ 1 . preferred (quar.) (increased quar.)_:___ ; potton Mills (quar.)' '_l, Value Line Fund (The) (Initial) ~_ Van de Kamp's Holland Dutch Bakers, Inc. class 60c > Purex 37%c 87 %c $1 20c 62%c 10c Corp of Company Utah-Idaho Sugar Co.— ■ — 20c ___ Machine 5 5 Real Estate Title Ins. Company, common (quar.)__ $3.50 preferred (quar.)_. $4 conv. 2nd preferred (quar.)__: Mesta A 20c _ Oil 66- 130c — & Messer 6-30 60c $1 $4 Class B 6-26 6-30 50c 88c 25c 25c (quar.) McKay Machine Co. ' taken on common dividend was Quarterly 5-31 He Chemical preferred 7% Ltd.— Co., (R. I.)— __ Public National Bank & Trust Co. (N. Y.) — 62 %c $1.75 10c Irregular Monday, May 29,1950 Per Name Payable of Rec. Share - (quar.U Providence Washington Ins. Co. Massachusetts Investors Second Fund, Inc.— Mathieson Car 4 %preferred 5-15 7- Steel action No on July dividend. ' Products of Company . 1 Pressed share plus this per Name ■ .. Holders When Per Holders called for redemption issue Entire When Payable of Rec. preferred- 7% Water Co., Marion Share Of Company Commercial and Financial Chronicle page 45) 6- 1 • * y Number 4911... The Commercial and 171 Volume Financial Chronicle Stock Record (2205) New York Stock «» DAILY RANGE OF PUCES WEEKLY VOLUME BF TRAMNB TEMLY (LANCE (ff SALE Range for Previous Range 8ince Jan. 1 Lowest Highest share 1% Dec 51 Jun 37 S per share $ per share Saturday Monday EXCHANGE May 20 May 22 54% Jan 4% Apr 22 23 % May 17 23% Jan 11 Adams Express Co 42% Ffeb 1 19% Jan 21% May 3 Oct Jun 23 Dec 21 Jan 44ft Sep 39% May 47 Dec 43 27% Mar 14% 5% 46 Feb 14 5 13 19% Dec 17% Jan Jun Dec 9% Jan 26 51% Dee - 51 23% May 110% Dec 97% Mar Jan 5 55% Mar 110% Jan 5 2% May 2% Jun 4% 13% Feb 18% Dec Apr 73 Sep 67% Jan 2% 64% Jun Sep 86% Jan 17% 88 82% 27% - 104 83 July 93% 6 Jun 165 Jun 8% 210 15% 78 May 26 21% Jan 3 Jan 94 Jan 5 3 200% Jan 13 254 Jan 3 21 Dec Jun 30% Oct 27% Apr 14 25% Feb 35% Dec 32% Jan 13 16 Feb 13 17 91 26% Jan 37% Dec 34% May 17 2% Jun 4% Nov 37 89% Feb 34% Jan 6% Jan 120% Jan 70 Jun 27 69 Oct 12 Dec 30% Mar 35 Jan 96% July 5% Jun 104 Jan 31 y4 w w Ac *51% 23% Vicksburg Ry loo 5 conv preferred 124 % May 22 10% * 20 ft 20% 20% 20% 28% 28 28 28 28 y4 28% 29% 29'/3 4,600 36% 35% 35% 35 35% 34% 35% 35% 35% *96% 500 30 35% 36 y8 5,000 20% 2.000 12,400 98 96 V8 96% 97% 97% 100 34% 34% 35% 35% 35% 34% ft 35% *96% 34% 34 Va 3b v4 35 35% 19,900 87% 87% 87 87 86% 86% •86% 87'/a 86% 87% 87% 88 35% 36 36% •36% 37 *35% 3% 35% 3% ♦38 *36% 98 35% 3% 3% 42 *96 35% 3% 43 •96% 36 36 ♦36 3% 4 3% 4 3% *361/4 3% 43 *36% 97 43 *36% 43 *36 y8 700 42 123 2,000 3% 5,300 124% 123 123% 122% 121% 122 41% 41 41% 41'A 41% 41% 41% 41% 42 11% 11% 11% 11% 11% 11'/a 11% 11% 11% 70 70% 69% 69% 68% 69'/a 68% 69 69% 69% 2,700 18 7,100 26% Jan 16% May 19 x63 Mar 67 2 10% Jan 7 35 9 6% l preferred conv 100 10 common preferred Amer Brake 4* 9 Shoe Co Jan 56% May 79 25% 2 7* 18 *66 2 12% com No par 32% convertible preferred 100 *103 % 1 12% 1 6% 25 preferred 32% 33% *103% 12% No par American Chicle No par American Colortype Co Oct 17% Apr 24 Mar 81% May xl9% Mar 16 R6% Jan American Cyanamid Co 74% Apr 22 1% May 18 Rights 3%% Apr 22 39 % Mar 23 $ per share $ per 119% 119% 120% 119% 120 186 187 187 18% 18% 18% *18% 18% 18% 18% *83 83% 83% 83% 84% 84V4 *83% 841% 71 69 % 707/a 69% 69% 68% 1ft 12 12 70% 165 20 1% 1 165 35% 163 35% 165 35% Par Jan 21% Nov 19 24% Feb 1% Jun 3% Dec 2% Jan Jan 69% Dec 64 Va Jan 19% Dec 16 Jan 85% Apr 4 25 y4 Mar 22 $7 preferred 87 2nd preferred A No par Jan 76 Va Apr 86 preferred No par Co——10 8 8 Va *20 20% 20 American Export Lines Inc 40c 20 20% 19% Amer & Foreign par 3% 3% 81 81% 80% 80% 20% 21% 20% 21% 72% 73 73 73 53% 53% 53% ♦42% 43% X42% Power com__No Jun 61 Yt Dec 54 45% Oct 61% Dec 49% Jan 55 V4 Mar 22 American 34 Jun 43% Oct 39% Feb 43 % May 5 American Hawaiian S8 Co 1 American Hide 8c Leather com 6 % Apr Oct 4% Jan 46 Jun 48 Nov 47 y4 Jan 48 Jan 30 24% Jan 32% Dec 31% Jan American Jan 9% Sep 7% Feb 34% Apr 9% Apr 11 5% 13 American Ice Co 6* convertible 33% 100 *88 89 89 *88 *15% 15% 15% 15% ♦15% *21% 21% *21% 21% 21% 15% 15 Va Jun 18% Jan 13% Mar 30 18% Feb 15 American Locomotive common 73 Jun Jan 84 91% Feb 27 11% Jun 15ft Dec 13% Mar 30 76 Jan 84 Sep 78 3 5% Jan 7 Oct 6% Jan 5 28% Nov 33% Dec 28% May 25 33% Mar 16 32 Feb 36ft Aug 34 36% Jan 5% Jan 29 3 Mar 22 May 23 19% Mar 30 Jan 13% Jan 13 Feb 10 Sep 176 Dec 7 Mar 28 8 » *85 No par 16% 100 preferred *80 No par 7% American Metal Co Ltd com-No par 11 4%% preferred *33% *8% 15% 15% 16 Va 16% 82 1 *6% 7 29% 30 29% No par 34% 34% 34% No par 21% 21% 21% 7* Apr 24 9% Jan 11 —100 preferred American Safety Razor 5 ... 16% *180 73/4 16 16% 182 ♦177 73/4 7% ♦85 16% *80 7% 6% No par *8 *7% 33% 33% ♦105% Amer Had Ac St 8an'y com. „No par 16% May 12 185 82 7% 7% 33% 107 American News Co 28 16% *80 *105% American Natural Oas Co 22% May 23 86 *85 86 100 American Molasses Co 7 8% *88 American Power & Light 106% May 17 7% Jan 15% 100 : Amer Machine & Metals— Mar 22 34% Jan preferred Amer Mach 8c Fdry com 1 33 32% 106 8% 120 187% 187% 240 26 25% 25% 10,300 *59% 61 60 60 24% 25 24% 24% 3,000 48 3A 48% 48% 483/4 2,100 18 Va 18% 18% 18% 1,800 *18 18% •18% 18% *83V'4 84% 84% 84% 180 70 '/a 68% 70% 70% 72% 40,900 1ft % 12 12 161% 35% ft 161% 163 35% 165 165 35% 36 36 S per share Sales for $ per share $ per Shares share 7% io\ "t 77/, 20 ft 20% 20% ♦20 20 Va l,b00 19% 19 Va 19 19% 19 19 Va 15,700 3% 3% 3% 6,000 1,700 7% •20 7% 3 3/a 3% 3 3/a 7% 79% 80 78% 79 % 78% 21 19% 20% 20 20 72 V2 71 713/4 71 71 52% 53% 51% 52% 51 51% 42% 42% 42% 42% 42% 42% 2,400 78 Va 20 Va 5% 6 Va *5% *46% 47% *46% 33 33% 32% 8'A 8% 8% 89 ♦88 16 15% 15% *15% 21% 211/4 *88 6 47% 33 8% 89 5% •46% 32% *8 ♦88 6 473/4 33 8% 7,200 1,200 10,700 ./ J700 5,400 100 7,500 300 89 153/4 ♦15% 15% 200 21 Va 21 •21 21% 1,700 153/a 14,200 15% 15 15% 15 15% 86 86 86 85% 85% *86 88% 200 16% 15% 16% 153/4 15% Xl5% 153/4 6,400 82 *80 82 82 7% 33 *80 82 *80 7% 77/a 33 Va 73/4 331/4 ♦105% 106 *105% *6% 7 *6% 7 30 % 29% 29% 283/4 34% 34 34% 34% 343% *34% 22 22 22% 22 22 3/a 16% 182 7% 73/4 33% 106 29 7% 1,700 the Week 30 Va 16 3,825 36% Friday 7 *177 170 May 2(i 7 8 278,000 May 25 105% 16 3/a 1 Thursday 105% 182 400 PRICE8 Wednesday May 24 6% - 2,200 183/4 21% 89 5,100 25 42% 33% 8'/a 119 187 25% 50 53% 5% 19.5C0 18% ♦70 % 33% 5% 33 % 12% 104% Jan 42% *8 American International Corp_No par American Investment Co of 111 1 Dec 43 33 19 Nov 52% 1 12 7% Mar 53% No par 15% Apr 33% 72 common 22% Jan 105% 21 % 71% 47 13 Jun 80% 21% 47 25 Jan 79% , 5% Jan Jun 3% 47 ft Apr 4% 3% 5% 14 22% 06% 3% *46% 20 3.90% 19% 5% Dec 14 19% 47% Dec Apr .'20% Products Home 7% 20 5% 15% 86 7% 20 *46% 22% 7% $ per share 7% 20 1 Feb 17% May 12 x7% 50 preferred 6* non-cum preferred Mar 29 3% 10 15% Mar 4 $ per share _1 37 Jan May 23 " 48% HIGH SALE Tuesday May 22 No par 8c Electric AND Monday $ per share No par Jan Encaustic Tiling Oas 36 May 20 13% 1 161 % 36 6%' 5,700 25 : J Saturday American European Secur • 161% 35% LOW STOCK 8% May 19 4% Mar 23 61 *18% 20% May 25 4 63 Va 26% 62' 18% EXCHANGE American 63 — 26 49% 6 10,200 188 25% 28 600 11% 187 18% 6% Jan 33% 103'/a 11% 119% 25 Va 18% Jan 33% 103% 119% 26%' 6,900 33 187 25% 320 12% 103 103 119% x49 Va Oct 4 6V2 18% Dec Jan 63/4 50 6% 92 6'/a 25% 19% Mar 10 6% 18% Feb 84 6% 25 y4 Feb Aug 67/a 6% 50 4% 3 11% 18% 15% May 25 11% 323/4 50 preferred series A-100 $ per share share 12 Va 187 1ft NEW YORK Lowest Highest 103% 11% 186 STOCKS Range Since Jan. 1 Highest Year 1949 32% 25% 10 12% 103% 33 1,500 2,600 24,900 66'/a 12 Va 10 com 17% ♦66 32% 18% 100 American Distilling Co Range for Previous 12% 50 * ■ —_ conv 12% lo Co American Crystal Sugar com 4%% prior preferred 23 12% 119% 25% American Chain 8c Cable 18 66 119% 12 23 17% 65% 103 ft 12 7 63% Mar 22 12% 17% 66 Va 32% 12% 6% 7 17% *66 103 ft 104 12 63 ft Feb 173 33 Va 104 63% 51 26% Jan 13 12% 62% 23 16 12% 100 __ 7 32% Jan 12% 18 Feb 24 115% Jan 12% 27% 18% Jan Dec 12% 26% 44% Jan 36% Mar 66 % 23% Mar 28 % May 25 69% 17% 27 Sep 13 17 66 26% Dec Jan 17% 66 % 123 186 100 Dec 49 16% 66 No par 19% Dec 17 American Car 8c Fdry com 7* preferred •47% 8 70 124 67% 16% 50 American Bosch Corp 12 Jan 104% May cum American Bank Note 15 Feb Petroleum Corp No Agricultural Chemical__No 3%* 14% Apr 21 13 31% May 6 82 8% 11% 253 20% 11% Jun 14% 261 20% 41 60 178 253 y4 250 97 11 124 19 Jun *94 ii y8 11% ■; Jan 30% Feb Mar 97 42 190 6% Mar 8,500 124 120% May 24 10 100 33 110 78 11% 4 169 78 32% 42 3 102 254 252 1,700 ♦123 22% Mar 24 100 *28 251 *20% 10% 70 ♦108 Va 32% 110 •95% 10% 12,000 3 Va 70 par 183% Jan Feb 249% 97 160 3% 3% 70 3,300 par 105 Va Jan 11% % 1 20% 10% 3,200 19% 72% American Airlines common Sep 73 28% 28 250 •95% 10% 32 ♦108 3 19% 72 80 ♦76 33 y2 110 2% 19% 72 Amer Jan 5% 20% 32% •108 240 24,100 Amerada Dec Jun 248 y4 20% 97 10% 3% ♦69% 10,400 24% 124 ♦118 2% 11% 52 8 33ft 3% 248% *20'/a *95% 10% 3% 80 •76 33 110 2% 19% •71 % 70% 70 80 32% 97 10% 3% 2% 19 ft 72 23% 6 Apr 75% Jan 187 ft 6y4 *95% 10% 3% 124 •118 11% *51% 45% Mar 106% 44 97 2% 18% •71% 70% *108 124 11% 52 24% 12 Jan $ per share 2% ♦76 110 23% 3 Jun 120 80 33% •108% ♦51% 24 •118 19% 3% 11% 52 23% 72 70% 11% •51% 200 1,400 16,200 2 21% ' 248 1 172% Mar Jun ♦76 33% 50 American Cable 8c Radio Corp American Can Co common Lowest *95 % No par 21 Jan 3% 71 110 *96 8 % Apr 99 3% 70% 80 33% 100 3 61% 3% 70% ♦109 100 3"% Jan 19% 2% 19% *76 par common-No par Dec 87 3 *71% 36 com *2% 11% 11% 52 24% 124 19% 100 convertible preferred 2% *118 7i y» No par 6% 124 •118 19% No par Amalgamated Leather Co 23% 71 3% 5 11 26 ♦51% 24% 71 70 No par preferred 11% 51% 24 11% 20 No par 4* 11% 51% 24% 19% 1 Allls-Chalmers Mfg 11% 52 71 1 common *39% 124 2% lo Jun 25% ♦118 100 w w American Broadcasting Co Inc Jun 11% 50 21 14 32% No par 14 % Apr 71% July 35% Feb 31% 32% 8 Feb 30% 31 ya 13 19% July Feb ' 50 32% 7% Jan 15% 39% 50 32% 101% Feb 39% 39% 49% 31% 33 % Jan 81 4,800 40 32% 10ft 4% 2% 22% 2 68% May 24 Dec 61% July x7% Jun 22% 9% Jan . Dec 20 22% 4 40% Feb Sep 10% July 51 22% 49% 100% Mar Oct 45 , 23 33 11 Jan 22% 49% 3%% conv preferred Alpha Portland Cement 4% Jan 22% •39% 19 40 2,500 22% 50 y4 38% Jan May 12 23 y4 40 ft Apr 3% Feb 28 38 Jan 43 Apr 23 49% Allied Stores Corp common May 3 35% Mar 23 86% Feb 23% *39% Allied Mills 97 31% Jan Oct 23 51 Va Allied Chemical 8c Dye Allied Kid Co May 26 36% Feb 3 88 23% 40 Allegheny 8c West Ry 6* gtd 30 97% Nov 33% Dec 23 50% Allen Industries Inc 2 Jun 23% 40 84.50 May 24 Feb 5,900 23% 40% Allegheny Ludlum 8teel Corp_No 13 Jan 12,100 3% 3% 51'/a i%% preferred A 100 82.50 prior conv preferred-No par May 16 76 Shares 49% 3% 4 51 Allegheny Corp 4 83% share 48% 49% 51 % 4%% preferred 2 25% S per 48% 37/s *51 Alaska Juneau Gold Mining Aldens Inc common Feb S per share 47% 4% 47 4 41 Alabama 11 11% Apr 93 22% t per share 47% 3% 47% 22% 3 83% Jan 8% Jan Jan 24% . 23% 22% the Week *39% $3 preferred 34% May 17 110% Apr 24 96 89% Mar 19 23% Sales for May 26 22% *3% 23% $ per share Friday May 2EL 23% 47% 3% Thursday May 24 1 1 4 Vi Jan 85% Feb 2 Feb Dec 19 Jun 66% Apr 28 Dec Feb 3% Jan 3% May 25 Dec Mar 47% 3% —10 Air Reduction Inc 20 May 19 72% May 11 4 Dec 4 Feb Feb 9 121 15% Mar 29 64 40% 47% Wednesday • _No par Corp Addresaograph-Multlgraph Corp__lo Admiral Corp new common 1 Affiliated Gas Equipment com 1 9 4 Tuesday May 23 $ per share 5 -2.50 _ ACF-Brlll Motors Co. Acme Steel Co. 14 25% Jan 21% Mar 30 Nov Abbott Laboratories 51% May 22 39% Apr 17 13% Mar 15 3 11% Jan 21 r__ Jan Nov May 18% S per share Adams-Millis 2% Feb 17% 35 Par ' xl7y« * $ per share 44% Mar 31 3% Dec Jun LOW AND HIGH SALE PRICES NEW YORK STOCK Highest "* $ per FOR EVERY USTO STOCKS Year 1049 Lowest Exchange 16% 16 182 *177 73/4 7% 33 7% 2,700 33% 1,500 ♦105% 106 10 *6% 7 200 29% 153/4 29 Va 29 343/4 34% 34% 1,100 22% 22 213/4 22% 33,400 16% 36,300 16% 182 *177 77/a 15 Va 7% 73/4 153/4 •177 7% 12,100 182 73/4 7,900 473/4 1,900 ' 23% Jan 49 Nov 37 Jun 43ft Dec 39% Jun 142 34% Feb Jan 66% 164 Jan Dec 42% 39% Apr 24 39% Mar 30 • 50% Mar 28 Xl57% Apr 4 18 American Steel Foundries 34% Feb 27 American 12% Jan 11 American Stove Co Dec 29% May 7% Jun 16 July 138 Jun 38% Jan 25 128% Jan 5 20% Nov 19% Jan 146% Jan 13 Jan 160% 76% 153ft 49% May *117% Apr 6% Jan 9% Mar 21 Dec Nov Jan 60 y4 135 Jan Jan Dec 67 Dec 121 Aug 8ft Mar 117% Jan preferred American Water Works Co Inc 28 American Woolen 10 Feb 2 Jun 48% Jun 65 Dec 25% Jun 35% *2% Jun 35% 25% Jan May 1 74 9 15% Jun 28% Dee 11V* Nov 4% Jan 42% Nov see. page 57 19% Feb 11 24 9% Jan 4 Feb IS 34ft Jan 13 3 24. May 25 % May 10% Jan 5 Mar 41% Feb 8 11 Va 103/4 ♦133% 51 134% 11% 51 134% 21 Va 161 Va 50% 1,700 300 21 Va 21% 21% 21% 2,800 161 % 161% 161% 161 % 33,200 67% 8,500 68 3/4 151% 151 ft 1503/4 81% 803/4 81% 119% 80% 1193/4 1,200 50% 134% •10% 21Va 693/4 ♦119 11 50% *133% 161% 151% 119 10% 51 134% 21 Va 68% 69 10% 50% ♦1333/a 161% 151% 81 11 51 134 Va 68 68% ♦119 151 813/8 1193/4 67 67% 150 % 151 80% 81 119% 119% 67 151 151 380 80% 803/4 6,200 119% 1193/4 200 10% 10% 11 11% 17,500 23% 24 23% 23% 23% 233/4 9,100 86 86 85V4 85'A •85% 853/4 94 conv prior preference No par Amer Zinc Lead 8c Smelt com 1 *66 Va 67 67 68% 68 3/4 683/4 68% 68 Va 67 673/4 •671/a 68 Va 440 8% 9 8% 8% 83/4 83/4 87/a 8% 8% 83/4 6,700 ♦66 Wire 8c Cable 25 50 No par 94 preferred „No par Anderson, Clayton 8c Co 21ft Anderson-Prichard Oil Corp 10 8 3/4 10% 67% ♦66 67% 33% 333/4 33 333/4 323% 33 32 3/a 32% 32% 323/4 32% 32% 43% ♦109 43 3/a 109% 43% ♦109 *66 43% 43 ina% 109 67% 43% 109 32% 33% 323/4 33% 32 Va 32 32% 32 32 1,190 3,500 43 43V4 •109 1091/2 55 Va ♦55% 233/4 24 23% 23% 23% 23% 23% 10% ♦10% 20 5 4 3/a 4% *37% 37% *10% 11 10% *4% 37 11 40 66% 333% 32 55 No Par 260 33 54% Archer-Daniels-Midland 8% 11% •66% 54% Andes Copper Mining A P W Products Co Inc 10% 66'/a / 54% 6 10% 67 •66 54% 10 12 11% 51% 51% 134% 134% 11% . 86 Anchor Hock Glass Corp com—12.50 12 1,100 23% 47% Mar 30 Jan 31 10% 5 x51 31 23% 27 Jan 31 *85% Jan 55% 31 24% Anaconda Jun 30% 86% 32% May 19 48% 30% 10 Va 33% May 19 8 30% 1,000 85% 27% Mar 10 110% Mar 30% 42% 145 23% 27% Apr 37 30% 42% *142 10 3/a Jan 106% Jan 20 30% 42 Va 145 24 Jan Dec 10 6,800 42 % •142 86% 15 prior conv preferred Anaconda Copper Mining Dec 42% 26% 42% 145 23% 66% May 25 Mar 420 86% 8 61 9,600 100 common preferred •9V. Mayl6 5% Feb 460 55% 163 No par 7% 14 Dec 10% 119% 54% 161% 143% 21 100 55% 162 25% 161 119% 54% 161% 41% 42'/a 21 % 81% 56% 163 47% •41 143% 1613/4 69% 55% 162 41% 26 Va 20% 152 56% 162 % 25% 161% 81% 47 % 46 41 26% 20% *69% % 26 161% *151% 46 413% 26 ft 42% *142 20 3/a 25 common preferred 46% 40% X26% 42% 145 161% 100 5* 553/4 161 46 41 27% 42% *142 t 11% 50% 134% 56 3/a 162% 45% ♦40 5 American Viscose Corp common—14 6* Tobacco 11% 50% ♦134 41 100 12% Mar 22 4% For footnotes American Sumatra Tobacco 94% Feb 63 8% July 121% Mar 28 No par Refining com—100 100 45% 27 42% 30% American Tel & Tel Co American 56 161% 145 *30 Va 82% Jan 80 26% May 9 Mar 30 81% May 19 56 3/a No par 3 Jun 2% Aug 76% Jan 158 - *42% *142 *40 162 27% 28 69% 40% 3 55% 162 45% 45% 41 26% Apr 20 84 108 22% Feb Co Stores 100 45% *40 No par 7ft Jan 38% 91ft Mar Jan 25 9 161% May 20 preferred American Sugar 7K preferred 51 % May 23 134% May non-cum 21% Feb Jun Sep Feb May 25 May 2 64% Mar 29 79 7ft 3 149 Dec 74 21% 99% Mar 1 25 Snuff Co common 10 13 31% 12ft American Apr Jan Jan 45 100 27% Feb 0% No par preferred 43 21% 138% 7* 145 22% Mar 24 Feb 9 18 2 141 Jan Jun Jan 2 Sep 28 31% 57% Jan 166 Seating Co Mar 40 160 Jun 120 American American Ship Building Co—No par Amer Smelt 8c Refg com No par 3 Feb Dec Jan 19% 130 51% Mar 16 43% Jan 10% 42% *109 67 42% 42 423/4 109% ♦109 109 % 30 56% 3,200 9,100 56 55% 57 56% 233/4 23% 23% 23% 23% 10 Va *10% 10% 10% 28,700 4% *4 4% *4y8 4Va ♦4Va 4% 37% 36 36% 36% 36% 35% 363/4 ♦4 35% 10% 300 4% 100 36% 2,800 1." 14 The Commercial and (2206) NEW Range Since Jan. 1 Year 1949 S per $ per share $ per share 19% Jun 29 % Jun 95 5 Jun 8% Dec Jun 77% Jan 51% Dec 49% 38% Jun Jun 94 105% 7% Jan 13% Mar Jan 13 82% Apr 24 48 Jan 27 53 Apr 10 104% May 10 100% Mar 13 111 Mar 13 14% Apr 16% Dec 7% July 13 69 Oct 114 13% Jan 15 Sep Mar 3 Dec 104 87 Apr Feb 101% Dec 98 30% 80 Jun 105% Jan 97% Jun 105% Nov 10% Dee 15 Jan 12% Jan 32% Jun 47 Jan 41 Jan 13 53 Feb 73 Dec 68 Jan 77 Feb 94 Mar 87 Jan 13 36% Jun 106 Jun 93% Jun 42% Dec 16 103% Jan 27 100 % Jan '36% Jan 24 112% Dec 108% Feb 1 Dec 99% Jan 5 102 9 30 59% Mar 2 114% May 19 109% May 19 15% May 18 2 48% May 80 Mar 23 93 May 54% May 120% May 102% Mar 26 16 16 11 20 Jan 24% Aug 22% Jan 19 25% Feb 42 Jun 58 Jan 51% Mar 25 62% May J 9 100 Feb 110 Deo 15 Sep 4% 7% Sep 15% Feb 2 * 25 Jan 25 16 15 17% Mar 12% Jan 7% Jan 44% Jan Jun 34% Jun 5% Jan 4 16 Feb 3 28 8% Apr 25 14% Jan 12 3 3 37% Jan Feb 8% Mar 6% Jan 12 Jan 7 112% Mar 30 May 2 6% Jan 24 17 Dec 8 Jun 10% Nov 4% 105 20% Jan 4% Feb 13% Feb Armour $6 & Co Jun 15 Nov 13% Apr 28 Jun 12% Jan 11% Jan 22% Jan 9% Mar 27 7% Jun 14% Jun 14% 8% 3 9% Jan 18% Feb 17% Feb $4 convertible preferred Arnold Constable Corp 9% Apr 18 53% Apr 18 6% 5% 5% 4% conv . preferred 14 Baltimore & Ohio Jan 5 38 Jun 53 Dec 43 Feb Barber Oil Sep 21% Jan 51% Apr 20% Feb 6 15 8 Barker Brothers 36 Jun 11% Jun 26% Nov 101 Deo '* 9% Apr 17 29% Jan 3 98 Feb Jan 26 39 Feb 20% Jan 12% Nov Mar 86% Nov 6% Jun 10% Jan 27% Jun 32% Feb 69 15% Mar 25 23 % 74• Jan 3 7% Feb -7 29% Jan 12 31 Mar 14 86 , May 24 May 93/a Jan 34% Jan 11% Jun 16 Feb 13% Jan 3 15 3A Apr 10% 16% Jun 12% Feb 1 11% Jun 17 Feb 12% Jan 18% Apr 27 15% Apr 22 Oct 98 Mar 85 26 Jun Feb Jun 37% Dec 11 Jan 6% Apr 21% Feb 27% Nov 73% Jan 85 Deo Jan 93 1% 23% 109% Deo Deo 2% July 25 May 23% Jun 129% 27% Feb Jun Oct Deo ,36 3378 Jan 141 X85 4 Feb 34 % Jan \l .-9% Jan 4 105 May 26 1% Apr 26 31 % Apr 20 30 % Jan 13 139% Jan 21 24% Mar 27 11% Mar 113 9% Jan 3 '3 Feb 23 May 2% Jan Apr 26 Dec May 15 90 21 31% Mar 22% Jun 9 Oct 47% Apr 29 16 263/4 May 24% May 26 86 Jan 12 29% Jan 3 11 12 39% May 26 3 38% May 145 May 22 29% May 19 15% Apr 11 Year 1949 $ per share $ per $1.50 22% Jun 30% Jan 15% Nov 14% Dec 10% Jun 8% Jun $ per share 29% Feb 13% Apr 26 11% Apr 19 13% Jan 4 17 3 May 23 14% Jan 5 21 27 Jan 223/4 Mar 25 31 1 May 10 64 Jan 51% May 26 60 Jan 32% Jan 19% July 18% May 16 18 25% Mar Aug Aug Aug 13% Nov 38% Mar- Deo 51 42% Apr 59% Deo 98% Deo 2% Jan 91% May 1% Mar j**__26 .Jun 6% Jun 25% Jan 6% Jun 38- JDeo 8% Mar 47% Jan 9% Apr 21% Jun 32 20% Jun 29% Nov 25% Oct 98 Jan Jan 33 Jan 105% Dec 18% Jan 39 "9 12% Deo Jan 29% Mar 95 Jan 40 Feb 24 Jun Deo 19% Dec Sep 13% Deo 125 Jun July Deo 102% Deo 15% Jun 13% Jun 120 7% 61% 26% 12% Deo *76 Oct 22% Jan 3 17% May 22 31% May 10 x24% Jan 12 x34% Feb 24 73A Feb Jan 9 4 14 -39% May 26 9% Feb 18 4 32% Jan 26 A May 9 11% Apr 24 U May 18 14 Mar 7 2 40% May 26 Feb 16 103 Va Jan 24 36% Mar 100 44% May 17 ' 21% Apr .3 18% Jan 3 123 Mar 20' -12% Jan Best & Co— Best Foods 94 Jan 4 100 80 Mar 29 89 Jan Dec 82% Jan 18 91 Mar 2a 13% Jan 15% May 13% Jun 16% Jan • 3 Jun 9 May 8 Mar 31 *97% Jun 122 Deo 117 Mar 30 6% Jun 11% Dec Jun 3 Feb 17 Jun 68% Jun 20% Jun Feb 82 . 4% Mar 24% Jan 105 Deo 26% Jan 9% Apr 18 69% Mar 7 3% Jan 19 Mar 29 101% May x21 13 5 Apr 26 Mar 9% Jan 125 Apr 9 3 5 20' 11% May 26 78% May 25 • 6 Apr 20 24% Jan 5 24 Jan 14 * 105% Jan 24 93 *90 53% 53% 14 y8 14% 14 *107 14% 48 48% 47% 47% 48 77 75% 75% *75% 93 *90 92% *90 52% 93 75% 92% 53% 52% 53 108 *107% 1,200 14 52 , 13% 13% 4.800 47% 137/a 47% 75% 53% 108 5,700 47% 48 4,600 *76 75% 79% ,92% 92 % 513/4 300 93 523/a 52% 121% 119 120% 119% 119% 117% 118 117% 118 V2 116% 117 102 101% 102 y4 107 107 101% 102 101% 102% 24 23% 300 12,100 24 24 y8 24% 24% 60% 61% 60% 61 *109% 109% 109% *17% 24 % 18 18 7 7 x23% 61% 109% 109% *109% 17% 17% 7% *16% 7% 17% 7 102% 650 23% 23% 7,100 61 y2 x60% 109% *7 60% 59 60 % 1,270 110 112 lid 17% *163/4 73/s *7 7ya 15% 15% *15% 15% 15% 15% *15% 15% 7% 7y4 7% 7% 7% 7% 7% 6% 13 : 13 12% 13 13 13 13 300 700 400 7 *13 13 1,700 13 y8 7% 8 7% 8 7% 8 73/4 7% *47% 8 17% . *153/, 7% 12% 49 250 7V8 *15% 7% 830 102 y4 24 49 *47% 49 *47% 49 47% 48% 14% 7%- 1,600 7% 25,100 48% 47% 700 14% 14%; 14% 14% 14% 11 10% 11% 103/8 11 % 10% 11 22,300 11% 11% 11% 11% 11 % 11% 11 11% 14,400 21% 22% 22% 22% 270 48% 483/4 *47% 48 48 48 1,700 17% 17% 17% 17% 17% 173/s 17% 3,100 38 53% *37% • *37% 50 53 1 t *105 50 ' 38 ' *37% 38 *37% 52% 53% 52% 53 52% 533/a 52 «/a 52% 52% 52% 18 18% 18 18 Ya 18 y8 18% 18% 16% 10% 10% 10% 10 y« 10% '10% 10% 18% xioy4 18 3/a 10% 10% 6,400 34% 18% 10% 34% 34% 34% 34% 343/4 34% 34% 34% 1,800 105 105 >/2 105 - *105 106 18% 18% 18% 19% 19 19% *18% *21% 22 V4 22 y4 22% 22% 23% 23 % 85 84% 85 85 84 85 6% 84% *84 - 8% 8% *8% 8% *30% 31 30% 30 y2 30% 50 *18y2 19 *22% 23% *85 87 8% 8s/8 8% 3% 1,700 30% *30% 30% ^30 Vs 30% 140 2,400 32% 15 Va 32% 32% 32% 32% 32% 32»/8 323/8 15 32% 15 32% 32% 15 15 Yb .15y# 15% 15% 15% *16% 17% 15 ya ;16% 15% 16% 16% *16% 1€% 16 15 15 16% 16 *14% 16% 16 15 15 15- 15 15 15% *87 14% 89% 46V2 14% 26% 26% 100 46 ,• 14% *87 y4 88 *111% 112% 1% l% 26 % 26% 37% 37 V2 1 37Va *144y2 100 ' Nopar Nopar 29ya 13% 37% *87 89% *87 89% Par 29y8 13% $ per share 893/4 *87 46% P 46% 46% 46% 46% ,13% 14% 26% 13% 14 13% 14 y8 13% 25% 25% 25% 25% 89% 24% V-25% 87% 109 1% 87% 112 88 108 1% 1% 88 46% *88% 108% 107% 1% 46 89% 1% 46% 8,000 13% 14 18,000 24% 24% 18,100 *87% 107 1% L ' 88% 105% ■ 4534 . 14 600 89% 25% 88 108 1% 46 *873/4 89 700 105% 5,800 1% 105 1% 90,400 13/8 26% 27 27 27 37% 37% 38' 38% 38% 37% 37 y8 36% 37% 36% 38% 383/g 38% 37 10,200 36% 37% 36% 37% 36s/8 37 y4 30,300 144% 144% 27 1 27% 27% , 27% 27 27% - 2,700 145 *143% 29 144% 29 144 Va 28% 1443/4 29 28% 29 13% 14% 28% 14% 283/4 28% 14% 28% 1,500 14% 143/4 143/s 14% 143A 143/a 4,400 146% 145 600 28% 15 Monday May 22 Tuesday 29% 29 29 15% 16% 16% 17 53,900 12% 7,300 17% 7,400 1,300 13 13% 17 Va 17 17% 29% 29% 29% 29 % 29% 29 29% 28% 28% 28% 28% 273/4 29% 28 % 29% 293,4 7,100 28 28% 53 52 53 28 Vs 52 28 % 52 % 27% 28% .52- 2,100 52 19% 52 19 19% 52 ya 19% 19% 51% 183/4 51% 19% 18% 19 18% 19 1,880 13% 13% 133/4 14% 14 11,200 51 51% 13% 51% 13% 13% 503/4 • 13% 51% 51 y4 17 17 17 370 65J/2 65% 66% 65% ,50% 51% 65% 51% 67% '673/4 4,000 68% *97% 98% 68 97% 97% 98% 72% 98y4 *981/4 71 y4 73 y4 983/4 32,400 *2% 2% *27/a 983/4 98% 983/4 99 38 % 38 %- 38 Va 9 9y4 *25 - 9 *25 26 II % 11 % 11 34 - 34 y4 1 26% *102% - 44% 29»/2 26% 104 12% 44% 11 112% *39y4 .'39% 102% 247/4 5 v 24 y2 l87/a *123% —Nopar' 17% Nopar* *79 ——1 19% 124 i.—5 9% 26 263/a 38% 9 253/4 3 23/4 23/4 .9ya" 9 *23/4 39% 39 391/4 39 V2 9% . v 29% 26% 104 25% 25% 11 llya 11% 33% 11% 11% 33% 34% -333/8 29% 26 *102% 44% 44% r% 29% 29 261/4 104 *25 29 25% 104 44% 44% 12% 12% *39% 39% *39% *101% 102% 24% 243/4 183/4 19 *123% 124 12% 12% 243/4 12% 12% 39% *101% 102% 25 183/4 25 19 *123% v 44% 39% 393/4 *101% 102% 44% 124 12% 34% *28% 124 _i 80 y4 79 79 79 79 173/8 17%' 78% 17% *783/4 79 15 *37 38 37 37% *37 37% 23% 23% 22% 23% 22% 22% 34% 207/a 343/4 34% 34% 34% 34% 21 y» 21 21% 34 Va V' 20% 21 y« 21 21 % 95% 96%, 21% 21 96 96% 97 97 87 87 87 *85 ♦88 88% 90 *87 88% 91 14 Va gy4 126 *89 14% 8% *124 91 14% 9ya 125 89% 14% 8% *123 89% 14% 14% 8% 125 11% 11% 11% 11% 76 78 77% 78 ss/8 23 «,3/4 20% 103 23% 5% 5% 5% 14% -8% 8% i *123 11% 76 20 V2 20 125 11% 5% 14% 83/4 *123 14% 11% 78% 5% 78% 5% 20% 20% 101% *101% 103 *101% 223/4 23 22% 223/4 *21% 41% *53% 20% *101% 11% 2,300 30 20,600 190 79 5% ♦101% 4,500 20% 20% 103 14,600 9ya 5% 41% 23 420 300 .110 14% *78 21% 22% 20% 103 .* 3,400 2,000 10,800 125 11% 5% 20% 203/4 20% 400 • 88% *83/4 125 11% 101% 20% 400 87% .5 • 14% 9 79 5%' *87% ♦ 38,100 95% 96% *84, 125 11% : *77% \ 22 34- 87 *102% 3,100 9,700 ;37% 22 34% 88 <■ * 37% 22 ya 97% 76 (AM) common——No par • 21% 97% participating preferred.—100 ! . •34% . R8 11 ye —100 . /. 79 *37% 79% 37% 88 «gy8 . r 17% 78% , 97y2 *123 ' - 19 % 124 17%' 33 14 y4 25- 183/4 17% 23% 34% *87 preferredi-100 25' ♦123 17% *87 • 123/4 40 3/4 3,300 17,000 6,100 1,300 102% 17 % *96% —.100 12% 40%- 17% 2iy8 * 2iy4 ' 44% *101% 253/4 18% T . 40 104 44 ~ 800 5,200 263/a *103 12% 6,900 10,200 ,29 26 40% 18% 110 11% 33% 102% *25 1,200 10,300 25 11% 44% 40 *123 25 29 *101% 19 124 9ya 26% 44 25 3A 183/4 124 9 y8 104 .% 300 ' 11% *103 300 3 39% 34 283/4 26 26% 104 *2% 39% 26 83/4 253/4 33 11% 3 39% ,9% 17% *23 *34% Burlington Mills Corp common——1 1 4% preferred ——100 *2% 38% 17% #37 Nopar * 29% *1023/4 *101% - 3 32% *29y4 par —No par 16% 12% 13 16% 13% 5 16% 13 16% 12% 503/4 ———100 Butte Copper .& Zinc 16% 12% 29 17 y4 50% 15 J Butler Bros common-.— 16 3/a 29 13% *525/4 Bigelow—————1 Bush Terminal 28% 16% 133/4 Burroughs Adding Machine—No par >28% 13 50% 100 291/4 13% 5/8 - Shares share ' 29 29 Va Nopar ; the Week 28 . — $ per 17 15 >. No par share 13y4 _1 Brown Shoe Co Inc common— Sales for Friday May 26 May 25 $ per 17 19 13% —100 Thursday May 24 $ per share 29 29 *15% Wednesday May 23 S per share Sper share 16 y2 -Nopar + 3%% conv-2nd preferred 3%% preferred— ; *87 1,200 2,000 LOW AND HIGH SALE PRICES 5 : 14% 145 146 Saturday May 20 —5 c $3.60 preferred-— 90 8% 16% Nopar — 1,600 8% 30% 10 3%% preferred—*— 1,500 7,700 19 23% 85% 32% *14% „—No par Byron Jackson Co—; *• 10,100 106 1 1, — . *105 _l ; 4%% preferred— 106% ' s105 18% 8% *30% \ lo — Bldg 7% 105 105 38 *37% 38 34 22% *84 % . . .i — *37% 18% 2.50 Brooklyn Union Gas Rights 38 *22% 100 • 19% 34% 34% : — 3,300 48 y4 Borg-Warner Corp common—: _5 3%% preferred .—100 4Boston & Maine RR (assented) 100 Bower Roller' Bearing Co——_5 i Byers Co 14% 10% 1% 17% Bohn Aluminum & Brass. Bush Term 141/4 11% 11% 48 * Laughlin Inc Boeing Airplane Co.: preferred 14% 10% 17% Bliss & Brown & 14% 7 49% ; Bon Ami Co class A, Class B—i 14% 11 11% 17 y4 Black & Decker Mfg Co— -No par * Edaw-Knox Co ———_No par V Bliss (E W) po 1 7% *75% 12.50 • Bulova Watch Co Inc Dec 60- . Bullard.Co—— * Nov 77 14% 110 114% 48% — 36%Janli 84 47% 47 % - preferred Bigelow-Sanford Carpet Birmingham Electric Co 23% May 22 91 107% 10% ; 31% Feb 21 95 107 <■ (Del) com 17% Apr 24 Apr I07y2108% 14% 114 17% j — 1% 18% Dec 73 7 — Bethlehem Steel 36 May 70% Jun 109 108% 14% 18% Buffalo Forge Co 77 107% il23/4 113% 114% 50 —— 39% Jan 24 21% May 16 113 1,300 17% ' 3 17% Mar 30 114% 210 59 49% —— Budd (The) Co common $5 preferred 19% Deo 113% 103% 58 3/s 6,000 Bucyrus Erie Co common 13% Apr 113% 103% • 58% 5,100 pfd $3.25 ser of 1946-Nopar ' Cum pfd $4 div ser of 1948-No par Benguet Consol Mining Co„18 pesos * 4 Jan 113 104 *58 213/a Cum 74% Jan 34% Jan Feb *103% 58% 71 5 35% Dec 29% Jun 104 58 4,900 106 21% 33 Mm Beneficial Indus Loan common—10 7% 103% 58 1,100 17 106 213/8 20% Jan 27 2 104 57% 26 16% / 70% Brunswick-Balke-Collender—No Feb 104 26 . 17 107 71 % 25% Feb 11 124 104% 58% 255/a 16% 106 106 213/8 pfd_—Nopar 17% May 24 80 May 16 3 104 y4 58 % 58 %' 16% 16% 22 Bristol-Myers Co common—,—2.50 13 X25S/8 26 71% 6 Jan 1 8 26 16% 21VA 18 36 May 26% 16% 213/4 29% Jan 100 12 % 35 Vs May 26% ' 71 105% Jan 13 5,500 22% Apr 20 Jan 25% Apr 19 24% 21% 23% Mar 24 73/i Mar 10 28 24 71 29% May 19 May 243/8 21 Eraniff Airways Inc ——2.50 Brewing Corp. of America———15 Bridgeport Bfass Co —No par Briggs Manufacturing Corp„No par Briggs & Stratton— : ..Nopar 25 x24 21% Borden Co (The)— 3% Apr 25 22% 1 Bond Stores Inc 73 y4 May 26 24% 105 *19 Bendix Home Appliances 9 100 25 70% Bendix Aviation— 4 15 24% 105 -Nopar %%£ preferred _1 16% Jan Feb 25% 20% Bell Aircraft Corp.l— Bell & Howell Co common- 51% Apr 55 25 19% - (A S) 4%% pfd 48% Jan 97% Apr 1 1% Jan 30 7,800 105 22% , _5 conv 13% May 16 9 10 y8 —10 EXCHANGE 15 50 cum $ per share 25% Apr 26 10% 104% 11 STOCKS ' NEW YORK STOCK 9% Jun 17% Jun Dec div Beck Shoe Range Since Jan. 1 Highest share 100 103/g 104% 104% 11% , 3%% convertible preferred -100 Beaunlt Mills Inc —2.50 Lowest Highest 16% 10% 69 Beatrice Foods Co common Range for Previous Lowest *153/4 10% 22 preferred—— Bayuk Cigars Inc__— 4 16 % 10 *15% .—10 — 89% May .5 *15% 10% 16% 19% (Delaware) common RR— Eeech-Nut Packing Co_ BClding-Heminway Mar 30% %% Corp Beech Creek 7 590 16% 10 *15% 105% 7% 3,600 - 116 69 Beech Aircraft Corp. '32% Feb 103 115 19% Bath Iron Works Corp——— May 11 22% May 10 9 51% *io2y4 68 Barnsdall Oil Co— 21% May 12 87% 1,200 51 y8 51% 103 115% 115 80% 68 3 34% May 17 80% 18,100 68 6 108 51% *102% 44.400 15% 17 13 preferred—100 57% Feb .9 115% 115 103 115% 115 10 '/4 10 26 % *48 _100 . 20% Mar 13% Jan *102y4 80% 980 10 103/a 80 3/4 .37% 105% 10 16% 7% 13 common Convertible 5 % 4 52% 52% 103 10% Shares 37% 105% 37% 15% 60% 61 *109 109% *17% 18 V 7% < 7% *15% 15% 4% non^cum preferred— —100 Bangor & Aroostook common 50 72 46% Feb 23 14% Jan 3 114% 26 114% Ealdwln Locomotive Works 4 Apr 12 Mar 51% *102% 17 24% 5 * a. 13% Feb 16 12% Apr 23% Apr 63 41 113% 52% 103 26 102 No par (B T) Inc— Jan 56% Dec 15% Oct 17% Jan 33% Dec 51% *102% 10% 80 % 52% Sales tor the Week b Babbitt July 39% Mar 9% Feb 80 % *120% Mfg Corp (Thei common -3 $2.25 conv preferredNo par 72 15 81 53 % 5c 25 16% May 9 36% Jan 16 81 *90 No par Canteen Co of Amer, 80 y2 *75% Avcd 15% Jan 25 19 223% Jan 23 1' Nopar Autocar Co 80 81 52 103 113% 16% 10% 25% 47% Atlas.Powder common-No par 4% convertible preferred— 100 Cony prior ,pref tfl.20)- 10 Va 108% 14% ,—100 —- 10% Friday May 26 106 105 113% .113% A—100 Atlas Tack Corp AUstin Nichols common 10 Va 58% 5 Jun 3 Series Preferred $3,75 series B Atlas Corp Automatic Monday, May 29, $ per share share 36% 37% 104 104 104% 100 .-25 : common 10% 104% No par prefer;ed Refiping 10% 16% ——10" non-cuin Atlantic 10% 37y8 104 $ per share 36% 36% 103% 26 1 common share 37% 103% *112% *15% 10 25% No par 5 No par preferred——100 non-cum $ per 36% 103% <■102% preferred--. * ; 100 7% 2nd preferred 100 Associates Investment Co.— 10 Atch Topeka & Santa Fe corn—_100 A'TF Inc.: share 37% 103Vi 80 52 1st Atlantic Coast Line RR Atl G. & W ;T SS Lines $ per share May 24 $ per 10% 5 prior preferred——No par Armstrong Cork Co com No par $3.75 preferred No par 60% Jun , com_ conv •; xl3 Illinois of Associated Dry Goods common Jan 104 % May 20 3 $ per Thursday May 25 Wednesday Tuesday May 23 May 22 37% 103% Corp common-™. lo convertible preferred——100 Artloom Carpet Co Inc Ashland Oil & Refining Co com 1 $1.20 cum conv preferred—No par 110 28 Apr 4 47% Jan 13 50% NOV 9 4%% 17% Jan 8 109 9 Par Armco Steel 25% May 10 26% May 16 Mar 10 Apr Jan 12% Jan May 25 95 Apr 11 19 18 25% May 15% 116 9% Apr 18 x24 11% Feb 2 May 25 10"% Apr 24 . LOW AND HIGH SALE PRICES Monday May 20 share 38% May 106 3 .. RECORD Saturday STOCK EXCHANGE Jan 89 101% Dec Jun $ per share 26% Jan 13 Dec Feb NEW YORK Highest Lowest Highest 77 STOCK STOCKS Range for Previous Lowest YORK Financial Chronicle 1,500 30 103 22% 22% 1,500 41% 41% 6,200 " c 30 52 l Feb, May Jun 3% Jun 16% Jun 9% Jan 98 Sep 35% Jun 36% Dec 34% Feb 5 58 Apr 53 Jan 5 2 Oct l3/$ Feb 8 5% Jan 22% Jan 12% Feb 109% Mar 41 May 4 Feb 18% Apr 10% Jan 10O 40 Apr 28 2% Apr 19 6 % May 18 3 ;3 22% May 17 12% Feb 24 22 Jan 5 18% Apr 11 16% Jan 21 10% Jun 40% Jun 12% Ma? 51 18% Dec 13% Mar 30 43% Apr 3 15% Jan 19 50 n% Nov 54 Ma? Oct 15% Deo For footnotes Deo see page 24. 41% May 25 55 Jan 26 May 24 California 5% Pafiking common—No preferred Callahan;Zinc-Lead par Calumet & HeCla Cons Copper— 5 20% Feb 15 16% Apr 13 Campbell W & C Foundry. Nopar Canada Dry Ginger Ale com—1.66% $4.25 conv preferred— Nopar Canada:Southern Ry Co iloo Canadian Breweries Ltd—No par Canadian Pacific Ry 25 50% Feb Cannon 106 43 Feb 28 Mar 20 1 18 May 16 57% May 15 Mills— Capital Admtn class >3 preferred A t 50 2 6y8 ' * common 1 10 22V4 40y» 40% 40% 40% 40% 40% 41% 55 54 54 54% 541/4 533/4 53% 2y8 '6% 22% 11% 11 ya *102y2 f i03ya *42% 43 2 6% 22 11% 103 *42% 2% 6% 22% 11% 103 43 1% 6% 'x21% 11% *102% *42' 2 21% 19% 19% 15% 15% 153A 45% *44% 45% *44% 17y2 17% 17% *17% 54% 55% 54% 54% 11% 11% 101% 42 18% 56 21% 102% 42 21% *41 2 1% 6 6% 21 y4 6ya 7,800 11,600 21% 11% 102 1.300 11% 21% 11 % 102 40 55 *53% 1% , 10,800 1,090 102 y4 60 42 *41 ya 19% 19% 19% *18% 19% 1,300 153A .45% 17y2 6ya 55 *19% 19 % 153% *55 6% 21% 11% 43 19% 15% 1% 101% 11% 19% 2 6% 103 19 Ya *44% ' 1% ■6% 15% * u—Nopar A 40% *53V2 1 : 153/8 ,15% 15% 15% 46,700 45%' .153/8 *44% 44% *17% . 54 18% : 547/a .17% *55 45 17% 56 i- 44% 42 *55 800 . 44% / 17% V *17% 1,000 56 320 Number 4911 171 Volume .. . The Commercial and Financial Chronicle (2207) NEW Range for Previous Year 1949 9% Feb 5V« Range Since Jan. 1 Lowest Oct 8% Jan 19 Jun lo¥ 26% Jan ;33 25% Jun 35 Va 100 Feb 13 Jan 12 13 Jan 30% Jan Feb lb 3 41 Jun 15 % Dec 16% Mar 30 30% Mar 37% Sep 36 6 Feb 8'/a Nov x7% Mar 13 May 213/„ May 39% May ;9% May 30 Jun 45'% Nov 38 % Jan 48% Jan 12% 146 26% 13 3 Dec 32 Vs Jan 27 Dec xl04y8 Jan 18 34% Dec 37% Apr' -23% 140 6 Jan Jun< 100% Aug * Nov Jan 104 % Jan 131 105% Dec 104 y8 Jan Jun 132% Dec 130 y8 Jan 26% Jan Jun 18% Jan Jun' 17 Jan 15 Jun- 15% 14% * 6 Jun 140 Dec 3 Jan 9% Jan 36% Dec 35% Jan 10 104% Jan 112% Dec 110% Feb 9 8 Oct 11% Oct 9% Jan 25 12 Dec 14% Oct - 12 Jun 9% 6% 14% Doc 14y8 Jan 13% Oct 12% Jan 8% Dec 21% Jan July 14% July 9% 15 Nov 18 % Jun 31% Dec 30 % Jan 98% Dec 98 Jan 5% Aug 9% Dec 17% July 28% Jan 27 NOV 77 34% NOV 3% 8 . Jun 12% Jan Jan 5% Jun 10 Jan 7% Jan 3 3 Jun 5% Jan 4 Jan 5 Jun 8% Jan 7% Jan 13 15% Apr >' 9% Jun 3 153/4 Feb 24 Dec 36% Jan 27% Jan 3 183/4 19% 18% ,*16% 17 173/4 16% 16% *16% 21% Jun Dec 17 Jun 41% Dec 39% Jan 13 Jun 82 Dec 79 Jan 14 12 Jan 30 13% Apr preferred_____ de Chic 19 Jun 16% Jan Jun 5% Jan Jun 60 133/4 Jan Jan 30% Dec 36 Jun' 68% Dec 26 % Apr 323% 97% Jan 3% Feb 453/4 Jan Jan 44% 4 14 3 • 30 34 Apr 28 Sep Jan 103% Jan Sep 29 y4 Dec 26 593/i Dec 58 8% Dec - 1 34% Feb 24 109% Mar 4 1 Sep 82 Jan 13 16 Jun 193% Oct 20% Jun 30 y2 Jan , 3 31% Jan 16% Feb 24 Nov 16 20% Jun 105 Mar 85 43% 72 ; 43% Jan 109% Jan 28 Va Jan Dec 108 19% Mar 17 106% Feb 29% Jan 24 - 4 9 107% Apr 27 73 Feb 62 3/4 Jan 3 72 Jan 37 4 43 3% July 21% Jun 133 70% X124% 29% Feb, 89 Jan 12% Jan 3 32% Jan Dec 13 373/4 Mar 15 13 112% Mar 16 101v Jan Jan 4 Feb 22 Mar 27 141% Sep 82 y2 Jan 137 May 11 74 Apr 26 172 < 152 193/4 May Mar 22 30% Jun Nov Jan Jan 5% i Nov, 54 35% 105%, Dec July 1075 Xl3% 15% Jan • 64 Sep July - 1075 5% Jan 5 27% May 19 143 18 Feb 813/4 Mar 13 Apr .52 & May 8 Jan 55 3 Mar 165 24 8 3 Jan 43% 97% Mar 22 17% Jan 1-2% Jun 19 15 3 46% Mar 16 101% May 22 42% Jan Dec Feb; 130 93/4 93/4 93/4 1,400 ■ 15% 15% 153/4 151/4 15% 193/a *18% 19 *7% 19 *183/4 7% / 16% Jan Jan 193/4 jan 13 20 18% May 26 ,14% Mar 30 18% 18% 18% 18 3/8 18 3/4 18% 18% lbV4 lb% 18/8 18% *28% 28% 29 *39 *29 29 383/4 39% 37% 104- 104% 104% 9% 28 28% 283/4 82% 82 J/a *63/4 12 14% 8 3/4 28% 14% ■ 153/4 27% 27%' 10% 10% 103/a 10% 5% : 16% 27% 5% 53/e 5% 9% . 31% .15% 30% 153/8 34% 34% *30% 35% May 26 7% Jun 163/4 Dec 15% Jan 13 4% Jun,, 29 y8 Dec 28% Jan 3 32% May 25 38 % Apr 18 Jun 28 % Dec 28% Jan 13 11% Feb 14 18% May 24 32 May 26 30 38 13 Dec 14% Apr 13 Columbia Gas 13% Oct 113/4 Mar 30 14% Feb 20 Columbia Pictures Sep 603/8 Mar 25 66 Feb 14 Jun 32% Oct 30% Feb 37 Apr 17 Jun 22% Sep 20% Jan 4 21% Feb 27% Dsc 26 46% Feb 60 y8 Dec 24% Apr 57% Jan 13% Jun 203/4 Dec 25% Jan 30% Dec » 22% Mar 6 com 103/a 10% 5% 55/b 3,200 91/4 9% 11,900 30% 305/b 5% 5% 5% 53/4 91/4 9% 9'A 9% 91/4 30% 311/4 30% 30 3/8 31% 14% 15% 143/4 15 14% 15% 7,600 6,200 33% 341/4 33 33% 33% 34 8,700 30% *293/4 *293/4 13 12% 123/4 ♦123/e 13 Monday ' May 22 • 83% . *12% 32% *163/4 53/4 6 60% *59 33 53/4 108 108 / *1073/4 31% 31% 651/4 *32% 18% *27% 93" *91 - 33% 18% 27% 7% 7% 7% 93 160 *80 81 *80 *453/4 46i/4 109 % 271/4 27% 110 -110 27 *107 , 107% *70% 71 41% *40% v 191/4. ' 34 % 183/4 • ■ 27 Sales for 5% 6 *32% 32% 32 %, 32% 33 108%,; 108% 220 31 3,600 65 653/b 8,300 ' 7% 27% *80 27: •' *40'A 18% r: 46% £ 18 109 *107% 71 183/4 *40% « 17% 6,200 2,200 800 : 1,300 160 81 46 46% 109% 3,300 440 110 28% 28% 7% 33% 19 '*78 ' 70 A 273/a *138 46% 8,700 1083/4 2S% 109 *107% 71 71 1 18% '*27 110 27% 41% 18% 27% 40,200 93 33% 81 *80 110 - *91 160 28 *1071% 71 18% X27 461/2 110 33% *137 81 46% 27 18% 27% 7% 7% 93 '33 16U 110 110% 7% *91 - - 33% *18% 46 3% 7% 93 *70% 71% 41% *40% 3,900 42 109 173/4 20 50 ' 18% 21,600 34% 34% 341/4 34% 34% 34% 5,000 1081/4 . 108 3/b 108% 1083/a 108% 108% 1,410 43/8 4% ♦43/8 4% 26 s/8 263/4 263/4 263/4 2,300 2,900 26% 27% 263/4 26% V". 695/8 ^ 303/4 41% 27% 69% 1,260 33 69%, 65% 43/e 263/4' 33 69 30% 108% , 49,600 64% 33% \...; 400 6'/a 641/4 30% 108'A 4% 61/4 63 62% 33 Shares 17 108% 34% : 17 6% 60% 33 108% 4% 17 6 ' 108 -4% • 653/4 33 41% 18% 17'" 163/4 60 ♦91 71 19% Thursday the Week *137 *40% < Friday 34 341/4 27% 4% „ ;19% 108% 108 ; 18% *70% 41% 300 31% ; 107% ,107% *70% " 71 *40% - 263/4 27% 107% 108 ' 12% May 26 81 46% 110 *12% 131/4 $ per share 160 *80 463/8 *12% 4,€00 30% 271/4 27 *137 81 ' 461/4 109% *18% 160 *137 13% • 32% 1073/4 33% 273/a 273/8 *137 83V4 65 93 *33% 33% ♦18%::' 18% 83 ,32% 107% 7% *91 33% * > 7% ; 84 " ' 65% *7%:, 83% 701% 313/4 65 84 1,300 69% 108% 31% 11,100 May 35 *32% 32% 643/4 200 43'/a $ per share 60 70 31% 56% 423/4 ; PRICES 16% 60 65% 30% *55% 42% May 24 ' 32% : 29% 56% 42% $ per share 173/8 69% 29% *55% 31 Wednesday 323/4'' 323/4 k'! ; •:> 32% 108% .„j share 31% 34 i 4% 41/2' 18% ' 138% 137% 1373/4 *137% 1373/4 *1371/4 1373/4 1373/4 1373/4 1373/4 1373/4 80 *763/4. '773/4 *763/4 773/4 77% 77% *77i/4 77% ♦771/4 773/4 *77% 773/4 100 154% 154% *153% 154% *137 % 154 154% 53SI No par com—No par No par No par *453/i 5382 *1180 154% *52 155 53% 32 46 *52ft 154 52 ft 53 154 52 3°2 *52 a9a ♦1180 *1180 *1180 45% 45% 45% 453/4 46 101 *100 46 45% 101 *100 154 154 1/700 53 53 *1180 53 890 *1180 45% ; 45% 3,660 45% 100% 101% 100% 18% 19 18% 18% 18% 18i/2 18 % 183/4 18% 18% 18% 18% 1,600 163/8 17 17% 17% 17% 17% 17% 18 17% 18 17% 18% 80,400 183/B 10,900 100% *100 17% ■" 17% 18% 101 100 k 190 100% 17 173/4 173/4 17% 18% *28 28% 28 28 27% 281/4 28j/4 30 ,293/4 30% 303/4 32 3,150 31 30% 31 30% 31 31 32% 323/4 35 35 353/8 2,750 28 28 29 v29 31 31 32% 32 32% 850 .,.36% 35% 34% 35% 343/4 35% 34% 343/4. 34% 34% 4,800 35 35% 35 35 34% 34% 35 35% 34% 34% 2,000 28 28 Ind,cl A—2.50 35% 35% *343/4 35% Inc—No par 5% Tuesday $ per 293/4 55% 43% 551/4 .43 May 23 : 173/e *59 4,200 15% 83 *163/4 , 34% "• 31 System 10% 83 2.50 68 y2 15 —100 100 B Feb 103/a 65 1 & Jun" 3,500 10% 83% '•-.'32% ...100 conv 7% 2,000 103/a 83" 5 Iron Corp com—No par 9% 16% 27% 843/4 No par 48% Mar 31,400 16% 27% *123/4 20 non-cum Class 143/4 16 43% 17% 2,500 27% 56 $ per share 14% 6,400 12% 153/4 43% : *91 14% 100 7 7 113/4 27% 56 *16% 100 14% 83 15% 43% *108 7 12% 11% 14 7/8 *82 ' 28 56% / 7" 7% 121/8 14-% 83 15% *83% No par & Aikman Corp 18 Apr 6% 113/4 28 28% *82 27% 42% —5 Corp Columbia Broad Sys 22,600 ■28 '/a 28% 83 27% 43% share preferred— 20 Southern Ry com—100 1st preferred——100 non-cum 2nd preferred—.100 5% 1,200 28% 28% 15 303/4 *56 56% No par A Colorado ' 433/8 com.—8.50 Colgate-Palmolive-Peet $3.50 preferred 13 15 13 28% 34 : 343/4 May 20 t' No par (The) Co •" 8% 5% 303% 15% ; / #333/4 Saturday _ pfd Internatl *8% »283/4 9% 31% 15% / 31- *56 $ per Inc .common conv 8% 28% k 31%: ' 8% *283/4 53/8 ' 93/8 9% 9% . : 120 1,200 83/4 10%, *15% i 1,600 104% 153/4 16 27% •i. 400 293/4 38 104% 105% 28i/2 *82 12 16 V 10% *29 *37% 7,600 12,800 8% 143/4 s 143/4 15 293/4 38 38 *104% 500 - 28% 63/4 11% 27% / ; ; 83 "*6% 12 381/4 105% 28% *82 63/4 " 12 15% 28% 83 * 6% 7 12 8 3/4 28% 28% 28% *82 *29 29% 38V4 9% :a 28 29% *1041/4 38 104% 28% 9% 9% 28 non-cum Foods 293/4 39% 104% 104% .—10 Elec & 400 8 18% 1,000 16,900 21 Coca-Cola 16% Jan Jan 19 7% preferred —100 Milling Machine Co—10 4% 16% Feb .16 15% 19 203/a —1 No par Dec Jan 15% 7% Clopay Corp 1 Cluett Peabody & Co com 7% preferred l. 4% cum 2nd preferred^ Dec 15 % 19 20% preferred 100 Illuminating com—No par $4.50 preferred : No par Cleve Graph Bronze Co common—l 5% preferred —100 Cleve & Pitts RR Co 7% gtd 50 Special gtd 4% stock 50 Climax Molybdenuml No par 19% 12% 7% . 69% 17% 18 3/4 201/4 . 33 17% 15 18% 71% 69 Jun 15% 18% 12 21 i/e 33 Colo Fuel & 15 12 20% 693/4 Collins 12% '*7% 323/4 Class 123^ 7% 69% Gas cum 93/4 37 2IV4 *32% 4%% 10 % 9% 9% 7% 20% Corp Clinton 10 9% 21% . ~ *112 112% 15% 25 Jun 18% 112% 25 Jun 26% 112% 6 7% ,16% 112% 61 8% 17% *112 5% Coca-Cola Dec 100 112% *19 _— Mar 14 , 112% *12% ■ Mar 25 43 Dec, 112% 12% Cleve Elec 3 112% Mar 26% May 12 Aug May Dec Jun 112% 60% 5% 80% May 16 47 % 3 Dec 10% Aug' 112'% 123% CCC & St Louis Ry Co com...100 12 36% 24% 37% -Y'" City Products Corp City Stores Co Claik Equipment Co 6 Apr 61% 101% 37 • "■ City Investing Co common 5 % % preferred 3 28 % May Mar 30 Dec 14 Mar 15 145 12 112% Jun Oct« 9% 37% 1 4% May 12 34 ' Mar 11 145 ? Apr 8% Jan < 93 3,800 9% 36% LOW AND HIGH SALE C I T Financial Corp Dec 6,200 23% 10 37 12% Cincinnati 86 6,700 9% 37% 22% 10 12% 100 • 68% Mar 22 343% 25% 23 5,600 36% 20 3/4 A_ Oil 32% May 17 Jun 233/4 22'% 1,800 1 10% Par 13 Jan 7,600 12% No par STOCK 24 25 73/4 "*7% • Jan 79% 9% 63/4 36% 100 4 18 9% 7 12% 100 common. Cincinnati 18 9% 10 Chrysler - 18 6 3/e 10% No par Jan 6% Apr , 8 17% I 36% Chile Copper Co. Jan 16 71% May 4 600 7% preferred— • 16% 9%, 10 j YORK Cotton Co 5%% 64% May 26 ^3/4jan 13 fj Childs 16% 6% 10% 50 series './• Chickasha 6% May 26 • 16% 21% ; EXCHANGE 18% Feb 24 6,500 9% 10% (The) preferred , 18% 17% 10% com—No par Rock Is- & Pac RR Co 50 183/6 1 RR Co 300 18% 16% 21 preferred vtc NEW '; "• / 10 I Chicago Yellow Cab $ per share $ per share 9% * Products 111 15,500 133 5 Copper Corp preferred Range Since Jan. 1 '* Highest 36 3^ 107 5/8 *132 10% *112 40 Lowest $ per share 16% 300 36% STOCKS . 132 18% 5o A Conv 36% 107 5/a 363/a 108 No par Pasco A 35% 132 40 10,300 413/8 105 105 105% *107% 19% 50 & East 363/b 403/4 40 3/4 ' 4,300 10 L_ 100 B 40% 1,500 9 43% 143 143 145 6% 22J/2 %% 43% 17% 22 % 934' 39 % 43I/2 '9% 18 22% Range for Previous Highest ; 22'/4 88% Mar 17 13% Nov *173/4 • 20% *38 2,900 36% Chicago & North West com—No par 5% preferred. 100 Chicago Pneumat Tbol com—No par $3 convertible preference—No par 56% May 17 46% Feb 3 56% 17% '17% 16 3/4 22% preferred series B vtc Series 31% May 18 55% •26% Apr 53% Jan 17 Jun 36% Mar .17% 1 7 193/4 1,700 8,000 4,300 19 % 8% 18% , 39 9% 16% 19% 3,800 39 201/4 *104 133 19% 32 3/8 40 *143 108 *132 19 Chic Ind & Louisv Ry Co cl A 25 Class B No par Chic Milw St Paul & p vtc No par 20 25% *106% 133 22% 1 49% 36% 107% 35% 6% 5% 34% May 20 29% Mar 361/4 107 133 No par Chicago Great West Ry Co com—50 3 Jan 36 134 134 290 32% 9% 4IV4 107 134% 109 % 19% *433/8 1051/4 35% 107 *133 Ry Co vtc 20 ♦38% 433/4 *1063/4 353/4 *106% III.5 *104 *108% 39 % X39% 145 40% 41 100 20 145 105% *104 No par Chicago Corp 103/4 May 12 53/4 May 8 97/b May 35% Feb 39% 105% 43% 148 *145 41 40 1051/4 43% *6% Class 4 ' 11 67 41% 35% 147 147 105% 43% 6% 23 27% Mar 30 108 41% 43% 43% 149 , *104% Checker 10 18 3/4 Mar 28% Feb Dec •" 10 43% 11 32 % 32 40 10% 108 % 19 9% '9 9'/4 8 Jan Feb' common *147- Champion Paper & Fib com—No par $4.50 preferred __t No par 12 15 6% 100 Chain Belt Co 5 34% 105 y2 43% preferred Certain-teed 10 Jun " 25 > ; *38% 9 Shares share 10% l9'/4 108% , & South West Corp com..5 Violeta Sugar Co 9.50 Century Ribbon Mills.; No par 111 Apr 20% 40 *8 3/4 6% Class 22 9% Jan 20% *39 91/a 4 May 17 30 3 >• 20 % 9% Central RR Co of NJ class A 7 104% Apr 13 Feb 201/4 39% 9 *9% 67/a Cerro 13 Jan 21% *39 9% 3 19% Jan 42% 20% 40 % 9% Jan ' • 11% Jan x20 21% Chic Dec 35 21 *39 , 8 Dec 2% 40% 3 ' Nov xl3 40 7% May 13V4 May 13% share 40 % 30% Jan 20% $ per 40% 86 y2 Apr Jun Year 1949 41 15 Feb Lowest 40 17 Feb May 39% 15 7% 10 39% Central 31 4 9 17 323/4 " !9% 30 40 127/8 4% 32 % Feb Apr 80 May 14 32% 4% Feb 27 Jan 12 32% Cab Mfg__^ 1.25 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common—25 3%% convertible preferred 100 Jan Feb 5% 32% Central 7% Mar 29 24 Jan 85 Jun 32% 100 Central Hudson G & E Corp__No par Central Illinois Light common * 183/4 Apr 29 5 31% " 33 6% 21% Jan 3 Jun' 22% July *32% .9%- 1 13 91 ,No par No par 5% 4 Is Jan 26% May 191/4 108% preferred^. Central of Ga 27 163,*, Mar 17% Mar 30 191/8 108% Aguirre Sugar Co Foundry Co.. t Central 19% May 17 -8% Jan 3 3 3 193/8 108% 1 Corp common: preferred 5% Central * 2 Feb 13' Apr Dec 16 % Jun: 7 ( 103/4 Mar 29 11% Apr 14 y2 Jan 1st 2nd Celotex 6 38% Feb 113 Apr 25 Feb' 10% 7% 28 73/4 May 26 25% May 26 12 Nov 6% Mar 33% 19% 108% common preferred $4.75 18 • 3 19 % 108% 19% Sales for the Week $ per share 10% 19% Preferred 4.20% .L_— IIIlOO Celanese Corp of Amer com—No par 10* Jan 18 y4 Apr 11 y4. Apr " 15 9 25 " 17% Apr Co ■ $ per 11% 5 Caterpillar Tractor Mar 14 21 May 10 Jan Mar 7% J I) 103/4 11% 108% Conv preferred 4% series—IIII50 Carriers & General Corp_^, 1 (J May 25 $ per share 109 Carrier Corp common Case 11 Friday May 26 Thursday May 24 $ per share 11% 11% PRICES Wednesday 19% 20 11 $ per share 11% SALE HIGH May 28 *108% 18 24 107% Jan 3 4 Jan 9% Jan 9 Jan 24% Jun 12% 3' 13 11% AND Tuesday :.10o Light 363/4 Mav 17 v 18 11 % Ma> 7-% May 3 106 $ per share i Carpenter Steel Co 22 Monday May 22 II—10 Carolina Clinch & Ohio Ry Carolina Power & May 1 41% May 19 Apr 26 16% May 17 13% Saturday May 20 Capital Airlines Inc Carey (Philip) Mfg Co 156 29% Mar 21 Apr 97 xll4 RECORD LOW STOCK Par 20% May 1 109% May 17 34% Mar 16 11 31% Jan 102 YORK EXCHANGE $ per share May 25 Dec ~ NEW Highest $ per share $ per share Sper share STOCK STOCKS Highest Lowest YORK 14 14% 18 *27 • 14% 14 14 13% 14% 14% 13% 18% 14 common..No par 13% 131/4 13 13 13 13 13 13% 13 13 $4.25 cum preferred w w—No par *611/4 623/4 *61 63 *61 63 62 62 62 62 18% 13% 12% *61 14 39,000 12% 2,300 63 200 34% 35 34 34% 34% 343/4 34% 35 35 353/4 35% 353/4 5,400 21 21 20% 21 20% 21 20% 21 20% 21% 20% 21 5,200 No par 27% 273/a 27% 28% 27% 27% 27% 27% 27% 28% 28% 28% 10 65% 651/4 65% 65% 65 3/e 65% 66 66% 65% 66% 65% 66% 173/e 17% 173/4 18% 18% 18%. 18% 18% 17% 18% 17% 18 24,800 Commonwealth Edison Co No. par 25 32 32% 32 323/8 32% 323/8 313/4 32 'ft 31% 323/8 32 323/a 15,900 Carbon Columbian Columbus & Co No par Ohio Elec So Co 5 ' Combustion Engineering 7% Jun Commercial 15% Mar 30 21% Jan Commercial 29% Jan 33 % Mar 16 3 Conde Nast Publishing Co No par 9% 93/4 9% 9% 93/4 Apr 28 6 Congoleum-Nairn Inc No par Consolidated Cigar.! No par Consolidated Coppermines Corp 5 273/s 273/a 273/a 27% 273/4 27% 27% 27% 28 43/4 43/4 43/4 30% Nov 25 Feb' 343/4 Dec 27% May 43/8 Jan 9% 23,200 6,500 9% 93/4 9% 93/4 9% 4,100 28 28 28% 27% 281/4 27% 28% 4,200 29 29% ♦29% 29% 800 43% 4% 4% 4,900 93/4 ' Jun 21% Feb Apr 41 293/a 3% Feb Dec 109 27% Jan Oct 107 May 15 Feb 6 5 4. ' May 3 3 33% May 19 1 1093% Mar 18 Consol Edison $5 Cons 27 243/4 Apr 24 May 25 114 Jun ,14% Feb 11% 117% Apr Apr 108% May 24 143/a Jan 10 Jan B Mar 30 107 I — — 11 Sep 03/4 Apr 46% Mar 11% Feb Jun 12% Mar 7% Jun 10% 8 Jun 12% 27% Jun 93 jun Jan 36 ■■ 123/4 Jan 19 42 3/4 Jan 21% Jau v 10 293/4 July 103% Apr 105% Apr 15 11% Mar 30 38% Jus 13 y8 Solvents 11% Feb Jun *106 Inc Credit common— 30% Feb 24% 2% 13 3 Apr 24 9 " 10% Aug .*•/ 25% Superheater 28% May 26 66% May 24 16 3 Dec 9 Apr % Mar 8 10%. Jan 25 May 33 Jan 13 28 • 4 38% Jan 3 48 May 25 1013/4 Jan 11 106 Mar 15 Dec 14% Apr 24 Dec 17% Dec Nov 94 Jan Jun 373/a Dec 35% Jan 13 95 jun 1023/4 Dec 102% Feb 3 X98 May 25 6% Jun 9% Dec 83/8 Feb 7 56% Feb 78% Dec 54% Apr 27 For footnotes Jan see page 24. 193/8 Jan 100 Jan 39% Feb 24 24 17 32% '107% 1081/4 107% 107 % 108V4 108% 253/a 25% 25 8/s 253/4 115 253/8 108 115 26% 26% *115 *107% 1.33 % 123/4 5 Consolidated Natural Gas———15 *93/4 10% *93/4 9% 9% 47 47% 47% 473/8 47% ,-10o 18% 18% *18% 18% 18% 18% 1 11% 11% 11% 11% 11% 11% Corp Consumers pfd Stores Power Co Ino 10% 115% 115 108% 108 % 108 13% 13% 13% *13 10 *9% 10 *93/4 • 47% 47 47% 47% 47% 3,900 18% 19% 185/8 193/s 19 19 4,100 11% 11% 11% 11% 11% 2,800 10% 103/8 *115 10 103/B 10 1153/4 - 10% 130 108 13% 80 8,400 10 100 10% 4,100 15% 16 16% 15% 16% 155/e 16 153/8 155/e 153/a 15% 14,000 34% 34% 34% 345/8 34% 34% 34% 345/8 34% 343/4 35 10,700 10 • 10% 10% 10% 112 112% 112 112% 112 112 109% 109% 1093/4 1093/4 *109% 46% 1093/4 46% 109% 46% 46% 46% 473/4 47% of America com..20 100 *105 106 Baking Co com—No par preferred.., No par 16 15% 15% 98 98 97% 973/4 97 .16% 97% 38% 38% 373/4 38% x38 38% Continental 20 common .No par Fibre Insurance.. 5 ! 10 112 112% 108 3% ♦112 47 Continental 1,100 25,300 108 % 108% 473/a 47 Inc 27 15% No par Can 26% 343/4 10c No par Continental 115% 27 —1 $4.50 preferred $5.50 115 263/8 265/8 1 66M—_«No par $4.52 preferred Container Corp 4% preferred 40,200 108% 11% 9% Retail 108 33 471/8 13% Laundries 108% 32% *93/4 108% 12% Consolidated 33 13 115 108% 12% 78% Jan 11 331/4 *107% 10% May 19 May 19 32% 12% $3.75 preferred Continental Diamond 104 33% 33% 1153/4 100 Consolidated Textile Co Inc Consolidated Vultee Aircraft 113% May 12 33% 32% 108% B 6 111 45/8 12% series series C 1 1103/8 Mar 30 43/4 *115 4% 12 ~Peb Mar 16 4% *107% 4%% Preferred 17% May 36 33 % 108 28% 43/4 —100 Preferred Consolidated Grocers Corp 9 108% May 85 No par Consol RR of Cuba 6% 12% Jan 333/8 108 28% 4% , common Consolidated Dec 30 y2 Baltimore 6 Dec 41% No par Co 5 113% 103 Y com—No par 47% Feb . 110% 2 of N — Gas Elec Lt & Pwr 203/8 May 16% Apr 20 11 " Jan 3 12 of preferred *29 *28% 4% 153/4 *104 10 3/8 *60 105% *105 " *104 106 106 10 3/8 10% 10% 60% 60% 60% *105 15 *105 106 - *104% *10 60% 106 *105 106 1121/4 112% 112% 1093/4 109% 1091/4 48 106 473/4 ♦105 48 106 15% - 16 15% 153/4 15% 95% 963/4 94 95% 94% 95 3 8 5/a 38% 38% 383/4 391/8 ♦1041/4 105 • 10% 10 603/4 613/a 230 3,900 ■ 3,100 690 14,500 *104% 106 10 9% 9% 3,200 6d% 61 603/4 61% 3,200 10 3/e 603/4 • 15% 440 *104% 106 15 Financial Chronicle The Commercial and 16 . . Monday, May 29, , (2208) $ per Jun 8% Jan 6ye Jan Feb 65% Oct 55% Jan 69 % May 3 47% 25 Par Jun 15% Jan 13% Jan Jun 24 ye Deo 22 9 54 Jan 11 Jun 12% Feb 12 Jan 17 14% May 3 Jun 191/4 14% Jan 3 17% Feb 4 49 Dec 52 Jan Feb 49% Jan Jun 11% Deo 17 Va Apr 22 49% Mar 58 V* Deo 57% Jan 3 28% Jan 13 67% Mar 6 42 6 20 Apr 30% Deo 94 Jan 102% Deo 92 Va 1% Oct 19% 42ys Apr 23% 24 233/4 24 23% 24 24 24 Va 23% 23% 23% 233/4 *54% 55 % *54% 55% *54% 20 Jun 30 Deo 0 4 Cream 9 17% Jan Jan 40 102% Jan 11 May Nov 99% Deo 99% Jan Jan 16% Jan 49 Nov 72% Jan 54 62 21 July 31 Apr 18 16% Doe 15% Jan Feb 12% Jun ' ,* 73 Feb 25% Dee 6% Oct 145% Oct Feb 16 Feb ; 4% > Jun 109 Jun ' 43% 52 % . 3 14 11% Apr 20 21% Apr 25. 6%. Mar 30 122% Jan 18 •49 Mar 31 7% Jan 3 20% Jan 3 125 'Feb 21 22% Feb 17 7% Jan 13% 10% Nov 175 * NOT 9 Feb 14 9 % Jan 31 - 71* ., Dec 7 18% 19% V< Jan ■ 137 "-i Jan 26% Sep 9 Jun 15 y« Mar 25%~Ian 8 Jan Jan 96Not 96 Deo 17 y# May Jan 15 Deo 22% *16% Mar May 31 26% Jan Jan 15% Jan - s2 92 Jan PR% AUg 92% Jan 100% DM 7% Jun i.4 7b ilUT 8 7 56% Jan 28 9% Jan May 17% Feb 25 17 May 6 101% Apr May 26 Prior 7% 36% May 17 36 3 10% Jan 17 Delaware Lack Delaware Power & Mar Jun 19 Jun 22y8 Deo 21% Jan la 23% Feb 14 19 Jun 30 y8 Deo 26 ye Apr 31 Jan 11 57% Feb 27 22% 40 17 Apr 27 Apr 20 14% 14% 14% 143/4 14% 14% 14% 143/a 36% 36% 36% ♦363% 37 36% 36% 700 35 35% 35 % 36 35% 36% 35% 36% 35% 35 % 35% 7,100 1033/4 1033/4 1033/4 104 Va 1033/4 103 7/a 1033A 104y4 107% *107% 109% 20% 20% 20 ya *60% 61% *60% A 100 May 19 Feb 2 9% Jan Jun July 12% Jan Apr 123% Dee 119% Jan 13 16% Dec 24 % May 16% Mar 10 78 86% 7 Jun ' 19% Jan 27 21 1/a May 11 Va Mar 27 14% Jan 60% Jan 13 63% Not 124% Oct 102% AOf 101 Va Jan 31 Jun liu 113% Jan 112 9% Jun 15% Jun 1j jui) 7% July 7% Jun 38% Jun Jan 164 - v-ua 122% Jan 9 4 1 12% Jan 10 20% Mar 15% Mar 30 May lo va Max 14% Jan Dee 13 13% Feb 16% 13 Va Jan 48% not 202 Oct 10 6 Jan 13 45% Jan 37 Jun 32% 14 Va Apr 19 Deo 15% May 24 88 J an 96 Dee 10% Feb 14% Deo 93% Apr • 12% Jan 25 Jun 8% Deo 13 x8% Jan 13 33% Apr 453/4 Deo 42 % Feb 24 12% Feb 17% Deo 16 94% 6 Oct 32% Mar 1% 34% Jun Jun May 96 Jan Jan 13 *96% 99 *16% 16% Oct 52% Apr 26 25% Apr 24 28% Jan 6 12% & Raynolds Match 14% Deo 13% Feb 6% : 33/4% 22% 223/4 2,100 39 3/a 39 39 3/a 2,000 43% 43 ya 43 ya 43% 43% 43% 43% 43 Va 43 % 43% 43% 1,100 143/4 143/4 143/4 14% 14% 143A 14% 14% 14% 143/4 14% 3,000 Saturday May 20 / ' ; Par 14 14 14% 14% 14% 14% 453/4 453/4 46 46 45'/2 45% No par *541% 55% > *54% 56 56 56% *11% 12 *11% -5 -No par 14% 14'A 14% 141/2 14% 801/2 80 80 Va 793/4 80 69% 70 VB 68% ♦110% 1121/4 154% 1541/4 154 3/8 154% 50o 18% 191/a 18% 79% 69% 110% *81 83 *81 *20% 21% *20% 12% 12% 79 3/a 19 18% 83 12 153 - *81 153% 18% 83 21 20% 12% 783A 3,700 69% 9,600 793/4 • 152% 153% 152 18% 19 21 20% 20% 500 12% 12% 13% 7,900 79% 37,300 126 *125% 126 125% 125 Va 125% 125% 700 105 *]C5 ]OR % 105 105 105% 105% 600 114 114% 114 *114 114% 114 114 114% 330 10% 500 18% 8,500 12,400 2,900 2,600 16,900 *114 114% *10% 10% *10% 114 10% 10% 80 10% 17% 17% 18 173/4 18 15% 151/4 15% 15% 15% 151/4 15% 151/2 15 3/a 15% 16 16 47% 161/4 467/a 188 *185 47 Va 188 153/4 46% *185 33% 33% 33% 33% 16% 16% 153/4 16Vi| *153A *93% 95 147/a •100 *941/4 14% 95 14% *100 ioiy2 16% 46% 188 80% 10% 18 15 Va .15 16 46% *185 101% 18% 15 3/8 15 Va 153/a 15% 15% 15% 15% 15% 15% 15% 16% 153/4 47% 188 46% 188 33% 323/4 15% 153/4 95 *941/4 94% *94 % 14Va 14% 101% *100 \ 143/4 101 Va 8% 8% 8% 8% 8% 45% 46 V4 46% 183A 183/4 18% 19% No par 371/4 37% *36% 37% *363A 37% 36% 36 3A 2% 2% 2% 2% 2% 2% 2 3/a 2% 40 39% 39% 39% *100 47% 18% 14% 8% 46% 233/4 11 11% 23% L3-/2 11% 11% 23% 233/4 *11% 40 *94% 95 -14% 14% 8% 8% 8% 8% 45% 46% 46% 46% * 18% 18% Corp Products Co Eversharp Inc 363/4 200 2% 2% 2% 39% 393/4 39% 39% 15,100 4,100 363/4 *36 * 11% *11% 11% 11% 11% 23% 22% *60 65 *60 223A 65 22% 22% 65 *60 65 60 *513/a 52 *51% 60% *56% 52 *513/a 52 61 1,300 5,500 200 51% 120 27% 27% 20% 20 3/4 13,600 12,100 43,500 1,400 51% 5 10 34 Va 36% 35% 35% 19% 19% 197/8 20 y8 20 20 36 3/a 343A 20 19% 20 20 3iy2 311/4 *31% 20 31% 313/4 31% *31% 313/4 31% *ioiy8 101% 101% 31% 31% *101 V8 31% 102% *101% 102% 10 7% 7% 7% 7% 7% 7% *101% 1 7% 7% 7% 102% 73/4 13% 13'A 133/a 13% 13% 7% 8,400 131/4 73/4 13 % 13% Xl2% 12% 12% 57% 57% 57% 65 573% 123/4 573/a 18.800 57% 57% 57% 66 66 6% __100 102 *101% 102 57 57 57 57 65 *62 65 ♦62 363/4 65 *62 *63 35% 68 1,300 1,000 30 6% 6% 61/4 6 3/8 6% 6% 6% 6% *11% 121/4 11% 11% 11% 11% 12 Va 12% 12% j 01/, •">% 101/, IOI/,, 12V4 113A 12% 39% 39% 39% 39% 39% 39% 12% 393A 12% 39% *3% 3Va 39I/4 39% 3% 3% *3% 3% 3% 3% 200 123/8 fny~r> * *62 1 v% 39% - Ex-Cell-O Corp, Pnffat 18% 18% 2,000 7,900 5,000 2% *36 *60 23 10 2,500 101% No par common 5% preferred series A Erie & Pittsburgh RR Co Evans *100 100 Equitable Office Bldg Williams 153/4 15 3/4 5,500 1,600 14% 101% 20 33% 32% x 25 Co Corp common preferred Eureka 153/4 46 3% 188 95 37 9 153% 46% *186 33 3/a 16 18% 11 18 3/8 46% 188 15% 451/2 23 y8 18% 33% 8 3/a 11 10% 18% 183/4 39% 78% 15% 46 3/a 393/4 801/4 114% 10% 10% 10% 8% 39% ' 16 143/4 *100 78% 33% 94% 14% 81% 20 13 83 79% 35% Jan *81 *1043/4 351/s Jan 400 1,400 34,700 83 35% 60 19% 18% *125% 18% Phonograph Empire District Electric Erie RR 152 21 20% 4% 111 - *81 ;12% 20% Johnson 68% 111 80% 46% Mfg Co 773/4 69% 105 1 50 50 8,800 125% 5 10 153A 79% 3 No par i 15 143/4 105 33% 1 14% 125% 15% (The) 2,800 1121/4 21 12% 300 11% 34 79% 473/a 100 83 123% 380 11% *110% 19 V8 20% - 1,000 57 105 *185 100 ; 44% 1261/4 15 2.50 155 69 2,400 44% *56 105 -I51/2 common 18% *81 20% 12% 12% / 1121/4 • 78% 701/4 *110% 1541/2 • 143/4 79% 691/2 ; 5 14 33% 21% 55 14% Shares 13% 12 20 3A .i*n ..»Jl IllitPt -14% Sales for 33% 33 21% Jan Apr 333A *113/4 20% 61 '/a 8 33% 110% 100 9 *11% 11% 34 70% 1st pfd 12 11% 110% ►125% 56% 33% 693/4 12,800 the Week $ per share 451/4 56% 34% ►1093/4 No par No par 45% 57 12 15 . 451/4 56% 20% 68 10 45 333/4 No par No par 1,300 Friday 1 14% 20 13 % May 23 57% Feb 2 Mar 21 80 14 211/4 10% Jan 13 4% .Tan .14% 143A 34% • 19% 600 May 26 May 25 141/a 1 8 19% Thursday $ per share 20 3/4 Jan 44 34 Wednesday May 24 $ per share \ 4 Electric 7% May 15 12% May . $ per share 8 19 3/a 28 13 a Tuesday May 23 May 22 $ per share 19 52 6% Jan 1ft Monday $ per share 19% 13 PRICES 27% Deo At.r 19% 8 *513/a 7 Apr 24 20 8 27% Jun 9% Feb Xl97/a 8 x8 273/a 4 IVr 20% 8% 27% 13 38 201/4 8 27 103% Apr Deo 20% 8 27 10 k 1/. 20% 8 52 100% Jan 113/4 8 26% Deo Tun 8 *51% 105 Jun 143/4 263/4 Jan 6% *43 26% 100% I 22 % 39% preference Endicott I" Ul 22 3 5% Emerson Radio & t 2,900 *12% El Paso Natural Gas 5 123/4 May 10 5,200 233/4 12% 39% common 33% Jan 14 63/4 23% 7 22V4 convertible preferred 39% Apr 21 20% Mar 17 8% Feb 6% 23% 39 Va 1 preferred 0 Jan 6% 233/4 ■ 22 common 3 10'/a 7% 233/4 No par Storage Battery Elgin National Watch Co Co 62 *58 7Va 23% 17% Electric Auto-Lite 5 % % 62 7% 23% 39% Elastic Stop Nut Co Elliott *58 7% 23 3A 22% preferred Convertible 62 *58 7% 231/4 39% preferred Beat 62 71/4 231/4 22% inc. Ekco Products Co Electric *58 5,900 23 23 8 11 Jun 62 *58 7% < 39% 6% 4%% 9,400 223/4 common Duquesne Light 5% 4%% ,22% 39% Common Feb 6% 8,800 221/4 No par Du Pont de Nem (E I) & Co- 17% Jan 5 2,100 93A 393/4 convertible preferred—100 1 30 6% May 35% 9% 223/4 Duplan Corp xl6% Jan Mar 14 35% 9% 393/4 STOOK $3.25 2nd preferred Dec 5 62 7 3/a . LOW AND HIGH SALE $4 preferred series A Not l»ec 900 35% 9% 36% *22% No par Dow Chemical Co Not 53/4 *58 t, v\r. -No par lo Va Feb ■ 363/a 12% 3 Douglas Aircraft Emerson 3»A 35% 9% 36% 12% 25 Pepper Co 22 y8 May 17 May 25 35% 93/a i 10,100 2 Dlvco Corp Dixie Cup Co common Class A 18 66 35 5,000 46 '• 12 Va <•.■■» 353A Jun 363/a 11,800 31 45% ■ 12% 2 v- 18 % July 36% 9'A 30% . 12% A EXCHANGE »,/ Jun 55 46 36% . 9% 9% 30% 45% 13 50c NEW YORK Jan 48% 36 STOCKS u Jun 14% 36% 9 30 4 1 13 Distill Corp-Seagrams Ltd 14% 9% Jun 363/a ■36% 9 30%' % 13 participating preferred X29% Va 36% 83/4 No par class common Electric 51% 36 3/a 8V4 *12% Elec & Mus Ind Amer shares 29 40 > 5 8 May Jun Co 11 Jan 8% Vilbiss 1 Z 18 42% 23% Aug 1 3% Apr 7 30 4o74 8% 3,600 38% Feb 23 30% 46 10,900 42% Jan 23 30 23% 3 Feb 83/4 47% 70 20 11,300 233/4 19 Jan 171/4 23% 1% Jan 13 98 16% 23% 35% Apr 75 <= 983/4 97 16% 16% 24 oel 28% Feb 98 99 17 Va 2,500 233/4 Edison Bros Stores Inc common—1 10% May 15 97% *98 301/4 9% 7 59% Apr 27 50 Jan 13 *96% 99 16 3/8 35% 3 21% May 11 96% •98 81/2 9% May not 188,700 46 35% 19% Jan Not 9,300 % •23 Va Jan 13% Mai 32% hi 29% 9% preferred Eaton Manufacturing Co 75 23% 32% % 47% 353/4 Eastern Stainless Steel Corp 283A 23% 32% li 30 91/2 Eastman Kodak Co common Jun 24 32% hi 47 351/2 10 Jun 23% 32% Ji 98 *98 16% Apr Jun 24 32 3/8 96% 97 99% 8% 200 233/4 49 Va Apr 10 Va 97 17% 17 % 24 leyeAptf 19 17% 99 600 *16% •17% 23% % 16% Corp common 48 32% a 140 18 233A Jan f 24 32% % 98% 24 2 Va 35% Jan 23% 32% hi 19 Vi - *17% 23% 36% 51 24% 32% ii > 18% 20 Amines 10 24 32% ii 9% Edison Eastern 10 % Jan 24% 32% ; 9,400 19 98% • y 18% 45,700 jwu-^ern 47% May 24 20% Apr 27 24% *98i/a Eagle-Picher Co Mar 10 17% 2,500 17% 10 98 *163/4 40 26% 483A 24 xl5% Apr 12 102 May 2 17 y8 99 •' 17% 17 35 17% *17% V 19% 99 19% 2,400 132 ♦26 y8 48 19% Jan 13 183A 17% 19 99 *173/4 v 23% 132' * 26% 17 Va 16% Apr 24 Jan 29 *98% 18% 93/4 DWG Cigar Corp 10 19% 98% 18% 13ft 48% 10 ISO 19 Va 98% 19 *181/2 < •23% 23% .-•< 26% 16% Preferred $4.50 series Feb 19 19% 98% 130 I 48V4 Preferred $3.50 series 11% Jan 26 y4 17 22 • 21% 101 81% May 24 134% • 19 18% 8% >23 - x26 981/2 99 17% *97 23% : *130 > 48% 105% May 26 116 Feb 20 127% Apr 172% Jan Jan 9 12 23% * 26 Va 15 Dunhili International 81 Oct , 35% Dresser Industries common Oct 23% 134% v 483A 5 83% Jan 80 19% Jan Jan Feb 97% 155% May 17 14% Jan 119 May 26 20% Sep 11% Mar 43 % Mar * May 18 26 14% 13 71 19% 23% .,*130 26% 16,800 48% 82% Apr 111 26% 30 800 9% r 143/4 6 13 13 " 23% 134% 9 9% 9 7,200 48% 17% Jan 20 *17% 26 "23% • *130 9% ,9 6% 133% 49% ,-49% 50 147/8 14 % Mar 31 Feb 23% • 9% 6% 133 *49% 491/4 Dr. 69% Jan 18% 9% •"9% 133 * *132% 6% 6% 63/4 .49%.-. 49% 50 I43/4 Doehler-Jarvls Corp Dome Mines Ltd 54% Jan 19% *98% •49% 48% 4 108 93% 1341% v- 49% 133 2,000 15 9 Oct 100 2,400 24% •<•24%. , 49 Jan Sep .49% \ 9% k *!32% x '"•j 24% r. 24% 24% .< ■ 6% 6% 132 132.'; ,24 1 • 147/a 13 Dec ■-"23% 6%, 132 *130% . ,493/4 - ; -• 24 48% 36% Jan 72% 9%" 6% 23% 8 3 57% «. - 6%,» 63/4 . 132 24% 100 0 108 % . .24 preferred for 10% Jan Feb Jun 4 6% • 24 16% (The) 32% Mar Apr 8% 15% Jan 11 *23% ctfs 14% Mar 48% 20,200 12% 28% share May 24 43 101 t per 57 101% Apr 9 "69% ,12% 23 .. -3 38 Va 12% 22% Deo 18% Sep - 10 25 .;i2% 28% , 46% May 50% Jan 123/4 • 23 Highest 4 88 Not 12% '<? 83A ■ ♦68 28% Diamond 22% Apr 22 12% Jan Not , 28% Devoe share 53% 9 70% 293/a Range gtnee Jan. 1 38 % 12% 99% Detroit-Michigan Stove Co 39% May 19 Lowest Jun 8% *67% 23 1 Feb ; 9% .70% 410 2,400 180 283A 5 45% - 83/4, ; .17% ♦160 •67y2 • *36i/a Diana Stores Corp 24 y4 12% ■ 16% Diamond T Motor Car Co 35% Jan 12% •\ 83% 69 13.50 Detroit Steel Corp 11 Mar 15 Jan 17 -8% ; 69 21%, 173A 17% 180 400 22 Va' De • Feb 12% V 70 Ve *160 v 10 4,400 29% 23 17% Jan 13 9% 8% *68% 17% 17% 180 *203A 21% 21% 21 173/4 •160 61 23 1 $ per 8%,. 70% 21 - 17% 180 ♦160 20%, 28% 9 share v, 20% •' 17% , "*98% Detroit Hillsdale & S W RR Co_ 100 May 16 Range for Previous $ per 83/4 17% 180 109% 22% 13% Jan 7y4 Apr 22 $ per share 8% *68% ' 20% 21 17% *160 •106% 540 29 44% Mar Highest *20y4 17% 180 104 22% 15% May Year 1949 j'17% 104 5,700 Escrow 23% May 25 11% Mar 31 Lowest 21 ' *160 108% 14% 28 3/4 • 3 Deo 14% West RR 13 18% *•20% *106% 50 Light Co 20% Jan Jun 108 100 35% Mar 12 Ve 104 100 Western & Jan Not 104 30 Not 9% 600 34% 26 4 Jun 29»A 36% 14% *130 xl2% Jan 6V4 4,200 *283A 221/2 8 40% Jan 12% 291/4 29% 58 Feb 29 22% fl Deo 29 28% 14 21% Mar 13 6% Feb 45% 300 12% 22% Detroit 13% 28% 1023/4 12% 123% 100 24 Sep 27% 1023/4 28 common 13 Jun 12% 29 *28% 110 3,800 11,800 *28% 12% 12% 2% 103 123A 27% 103 103% •103 103% *103 27% 27% 27% 27% 28 103% 2 Va 14 Va No par Grande Derby Oil Co 9% 273/4 2% 2y4 ctfs for & Rio 17% May 26 37% 2% Escrow Denver Jun 2y8 4,900 2,400 36 y4 Delaware & Hudson 6 S 8% Jan Sep 2% 20 29% Jan 16 Va 2% 5 351/4 preferred Jan 978 31% 2% 4% 35 Ve common 40% J«n NOT 2% ♦103 5 36% 500 Jun ye 2 3/8 50c Mar 13 67% 187% " 5 series B 26 Jun 5 29 pfd—100 series 35% Mar 24 11% 47/a 28 3/a -*49% 3.75% Rep 24% Mar 67% 187% 68 187; *47/a 5 28% No par 1 — 3.75% 3pv4 Jun 186 5 28% Deep Rock Oil Corp 15 67% 673/4 186 5 12% *130% Preferred Deere & Co Jan 67% •185 % 5 123/4 Decca Records Inc 53 186 4,900 No par Preferred • 5 J Mar 23 Jan 68 186 67% 68 Va 186 5% *5 No par May 26 Jan 673/4 186 123/4 ——-1 Jan 9% 67% 186 - —No par $7 preferred - 49 58 67% *185% *12%*. 123/4 10 Jun 1013/4 61% 31 4% Jun 101% *1003/4 21 4 50 *1003A 1013/4 61 31 , 101 Va *1003/4 20% 3 21% Jan *1003A 1013% 39 107% Jan Sep 101 Vi *1003/4 39% 61 Va 8% Jan 27 23 V4 •loo3/* 101% 39 203,4 38% Jan Jan 38% 101 VA *1003/4 108% Oct 20 38% •1003/4 1013% 20% Jan 12 39% 101 Va *1003/4 *60% 43% 46. 38% *1003/4 39 *106% 29 Deo 39 38% 101 VA 61 Jun Deo 1,180 12% Dayton Rubber Co 53% 3,000 21 iVA«»y 26 14 y8 14 63 y4 39 61 n */« Jun 13% 62% 28 Va Dana Corp common 1 3%% preferred series A 100 Davega Stores Corp common —2.50 5% convertible preferred 20 Davison Chemical Corp (The) 1 Dayton Power & Light common 7 Rights 2 % May 22 102% Mar 21 Dec 14i/8 63 2 Cutler-Hammer Inc 34% Mar 17 12% 14 62% 203/4 Class A 19% May 10 4 34% 14 y8 63 61% Jun 5% 14 62 20% Cushman's Sons Inc 19% May 11 99 96% May 24 22 14% 63 61% 30 Vi 4% May 14% 62% 20% 17 ' 143/a 63% 1013/4 No par preferred Curtis-Wright common 1 26% May May 11 OCbA* 14% 621/4 •106% . Jan 20 " 138 3 i.i.% 100 14% 1023/4 (The) *473/4 48 No par ■ v24% Feb 10 - 12 97 25,800 48% 473/4 48% 133A 63% 38'/a Cunningham Drug Stores Inc 2AO Curtis Publishing common., No par - 9% Apr 27 21% Jan 23 29% Jan 16% 48% ♦48 48% No par 134% Mar 13% Jan 30 14% 11% July 900 16 Va 48% *473A *100 % Cuneo Press inc t •v - 13% Jan 13 87 14'/a 16>/4 ' , 9% Apr 24% Jun Mar 133 3, 13% Jan 19 ' - Mar 14'/a 15% *473A *100% convertible preferred Cuba RR 6% non-cum pfd 0 19% Jan *13% 15% 62"% 5% May 19 Jan 25 4 - Feb 14 67% Jan Jan - - Apr 18 175 8% Mar " ' Jun 5% 60 May 160 May 160 . 14 Va 15% 100 —100 Cuban-American Sugar common—10 7% preferred 100 Cudahy Packing Co commoz 4%% preferred 21 Va May 17 3 3 Mar 31 of Wheat Corp $4.20 preferred $4 2nd preferred Crucible Steel of Amer com 107% May 24 24 - 133/4 15% 27% Crown Zellerbach Corp common May 24 105% May 5 14 15% 1 $2 preferred 36 133/4 143/a * Crown Cork & Seal common—2A0 3 10 14% 15% 1023/4 Creameries of America 6,600 15% 153/8 -23 preferred, 38,100 ♦14% 14% .100 Jan 3%% 55% VA' 18 7% •54% 15 2% Crane Co common 7% 55% 14% *48 71/2 73/4 *54% Coty International Corp. SI 69% 55 % 1 14 27% Jan 13 Dee 105 Mar 94 Dubilier Electric Corp 73/8 7% *54% 50 23 14 90 series. pref 5% 11 May 19 Shares 55% Jan 36 x 1,900 7,600 14 18% 105 13% May 12 Jan Jan 18% 66% 18% 8 28'/a May Deo 29 Va Feb 13% 6 30% Mar 18 Va 67% 18% 12% May 16 14% Not 18% 67 80 Va Jan 25% Mar 30 101% Mar 67 19% 2% Feb 8 Jan 2 Oct 36% 6% Mar 7% 66% 681/4 20 5 100 Cum pfd 3%% series of 1947—100 Corn Products Refining common—25 7% preferred 100 Coty Inc 1 3 4% Jan 28 7% 66 y2 18% Exchange E<ank & Tr Co Corning Glass Works common 3%% preferred 13 Deo 104 Jan 23 72% Jan 187% Apr Jan 32% Jun Jun 8% 11 31 2% Jun 96 65% Apr 182% Jan Deo 5% 3% Mar 7 3/a 66'A X67% 7% Corn Sop 189 7% 19 Cornell Deo 73% Jan Jan 21% Sep 102 Jan 57 171% May Sales for the Week 683/4 Convertible 101% Apr 19 102% Mar 21 Apr 18 100% Feb 21 100 Friday May 26 $ per share share *18% 11 7 47% May 23 10% Jan 3 55% May July May 25 $ per share $ per share Cooper-Bessemer Corp common 5 $3 prior preferred No par Copper Range Co No par Copperweld Steel Co common 5 55% Mar 13 9 $ per 5 Continental Oil of Delaware Continental Steel Corp 12 51 % May 24 Sper share share Thursday Wednesday May 22 May 23 7% 67% 18% 19% Apr 21 26% Mar 14 3 19 'Va $ per 1 Continental Motors- 18 68 y4 May 12 111/4 May • Tuesday May 20 $ per share share $ per share 5V4 BALE PRICES AND HIGH Monday Saturday STOCK YORK EXCHANGE Highest Lowest Highest share NEW Range Since Jan. 1 Year 1949 $ per LOW STOCKS Range for Previous Lowest RECORD STOCK YORK NEW isso 39% 6% 6% 6% 3,800 11% 4.000 12% 7,400 1,800 Number 4911 ...The Commercial and Financial 171 Volume Chronicle (2209) NEW Bange for Previous Year 1949 Lowest 34 Feb 19 % 41% Jun 19 Oct 12% Aug Jun 6% - 4% Feb Sep . 12% Jun 43 105 103 Jan 10% Mar 31 Dec 17% Jan 55% Apr Feb Jan 17 12 V* Apr 17 .17% Jan 31% 104% Jan 28 29 % Mar Jan 103% Feb Dec 3 106 Jan 20% Feb 9% 8% JSJ 15 Oct 13 Apr 5 15% Jan Jan 11% Jan 3 Feb 14% 84 17% May 2 19% Feb 27 14% Jan Dec 3 10 Apr 29% Jan 24% Mar 30 78 May 92% Nov 87% Apr 4 96% Feb July 96% Oct 96 7 99% Apr 24 Feb 33% Dec 29 21% Jun 8% Nov 25% Dec 24 19% 25 Jan 30 3 12 % May 9% Feb 3 11% Jan 57 % Jan Jan 17% Dec Jun 23% Dec 20 13 15 Vb May 16% 87 78% Sep Feb 75 IW 16 Mar h t" 9 10 82 Apr 9% Apr Jun 4'/a Jun 7% Oct 7% Jan 3 Jun ; 18% 9% Dec 17% May 2 Jan 6% Apr 6 9 % May 34% Mar 10 39% May 17 20% Apr 3 Dec 19 Apr xl7% Jan 3 197/a Mar 16 Dec 15% Jan 3 21% May 20 Oarrett 37/8 4% Jan 3 6% Apr 18 30% Apr 29 Co Corp Feb 24'/a Mar 13 23% Jan 18% May 3 20% May 22 13% Jan 197/a Dec 18 Jan 3 207/s May 26 General American Jun 105 9% Oct 9% 10 Jan 156 Jun 10 1 22 12 Jan Apr 26 165 Feb 10 Jan 12 6% Mar 29 31 9% Jan 63% Mar 31 75 Jan 26 17 Jun 20 Apr 14% Apr 17 18% Jan 129 May 4 41% Jan 13 138% Jan 139% Apr Jun 42% Dec Jan 48% Dec 47% Jan 13 100% Dec 99 % Apr 6 13% Jan 8% Jan 4 93% Jan x6% Jun 44% Jun Dec Jan 128% Apr 123% 56% 112 114 97 . 129% Mar 51% : 123% Jan 13 Feb : 15% 120. 38% Dec . 20% 24 Mar 99% July Jan 127% Mar 19% Jan 18% Jun 99% Apr 15% Jun 89% May 24 23% Apr 3 t 34% Feb 17 19% Jan 121% Jan General Foods 22% Mar 10 5% Dec 30 Va 122 Jan 31 Nov » 27% Dec 102% Jan -> May 2 34 112% Jan; 3 28% Jan 13 128 22 Jan 25 101 Jan 10 15 13 51 68 ;• Jan 28% May 3 86 Apr 72% Feb , May 12 1 6 14 3 Jun 37% Dec 33% Jan Jun 91 Jan, 90 12% Jun 17% Jan 13% Apr 19 16% Jan 72% July 80% Oct 80 Jan 10 84 y4 Mar 15 28 % Aug Dec 17 Apr 27 55 24% Jan Dec 10% Dec 116 Jan 54 Jan 4 107% Feb 24 14% Jun 19 Sep 13% Mar 24 Jun 72% Deo 69% Jan Jun 34 Jun 98% Jun 10 Jun 1% May 5% Feb 104 Aug 45% 101% Jan 20 43% Jan 13 Sep 103% Jan 13 16% Mar 3% preferred Oct 14% Sep 12 Jun 43% Jan 36 Vb May 26 16% Jan 19% Oct •18 % Apr 17 144% Mar 137% Jan 3 Dec 11% Jun 9% 93% 15% 16% For Jan 21% 21% 10,000 . 21% 14% 14% 14% 15% -lS'/a 15% 3,400 17% 15% 17% X16% 17 y» 3,700 6,200 16 • 17%- 17% 17 % 17% 1 •i -■ ♦97 17% 17% 27% 28 27% 27% 27% 277/a 27% 27% 27% 27% 91% 92 92 93 93 93 93% 93% 94 94 98 92 V* 17% 28 92% 27% < 97% 97% 97% 97% 97% 97% 97% 97% 97 Vb 97% 370 34% 34% 34% 347/8 3,500 lo 36% 36% 36 25 25 25% •25 • -36% 25% 35% 357/a 34% 35% 25% ♦25 25 25 •24% 25 25 25 General 11% 11% 117/8 117% ll7/« 11 % •11% 11% 11% 11% 1,200 9% •9% 9% 9% 9% 9% 9% 9% 9% •9% 9% 1,700 67% ♦79 8% 67 % 8'A 9% (Ha : »18% 18% 18% •18% 18% 8% 8% 8% 8 '/'a ♦37% 38 ♦37'A 37% 18 •17% 177/s 18% 17% 17% 18 18% 18% 18% 18% 18% 18% 18% 18% 1,000 207% 21 y« 21 21% 21 21'/a 14,500 20% 21% 21 57/8 5% 57/e 29'% 28% 28% •28 20% 20% 20'% 19% 20 VA 20 20 % 20% 20% 20% 20% 20% 20% *106% 107% 106% 106% 106% 8 77/8 *68 26% 15% : 15 15 *116 117% 51% 101% 11% ♦547/a 111 > 9 104% Jan 10 54% Apr 12 108 Mar 6 10 Apr 29 y4 Apr 18 Apr 14 3 17% Feb 28 Apr 28 13% May 17 10 44% Jan 22 Mar 151% Apr Jan 7 26 30 •105% 4 Jan 100 July Apr 95 20% 7% July 101 Dec 14 footnotes ae# 100 Jan 11 28 Apr 17 13 28% Apr 29 3 9% May 13 Jan 3 103% May 25 12% Jan 3 100 Dec 51% Jan 4 59% Jan 25 Dec page 11% Jan 6% Jan 71Wl Jan 32% 17% May 23 18% Jan Jan 54% 7 21 24 Jan 3 17% Apr 57 19 Mar 23 70% May 11 24% Jan 13 80 17 "1,400 7% 7% 68% 68% 68'/a 27% ♦26% 27% 400 15% 15% 15% 15% 15% 15% 15% 1,700 77/« 7% 49% 497/8 ♦115 115 114 y« 116 ' 51% 51% 51% 51 . 51% 101% 101 101% 11% 11% 11% 11% 11 11% 4,300 55% 54% 55 53 53 53% 53% 53% 53% <2,000 127% 127% 127% 127% 127% 127% 127% 110% 110% 110% •108% 110% 110 110 v Tuesday May 22 • ♦101 101% 101 1277/8 •127% 110 110 V 127 105% 21 36% 36% 36% 15% 15% Xl5% < 3% 3% 3% 3% '• 17% •, 17 17% 17 —No par 100 Utilities—__10c 21% < 21% 21% 21% 21% ♦124% 126% r *124 % 126% 7%' 7% f 7% 7% No par 26% 26% ...1 : . Glmbel Brothers common 32% 29% 23% , 104% 5 26% 83% ■13% 50 _1 100 Odd & Stock Telegraph Co 26% 26% •124% 7% 7% 7% 25% 25% 25% 25% *83 % •74 96% 13% - 40 , 26% 14 15% 84 97 97% 15 Va ♦82 Va 84 84 , 13% 40 40% r 15 15% *82 '/a : *96% / 13% 40 y8 *97 97«/a 14% 15y8 8* •82% 19% 19% 19% 19% 19 19 % 19% 19% 30 29% 29% 28% 29% 28% 29% 9% ♦108% 9% 9% •107% 111 57 57% *56 57% ♦56 57 9% 10 •107% 111 10 111 57 '/a •57 97/8 97/8 111 •107% 10 15% 15% 15% 15% 15% 15% 89% 89% 89% 90 88% 89% 90% 103% •103'/a 103 % 103 % 15'/a 15% (B F) common_.No par 103 y4 Goodall-Sanford Inc $5 preferred No Goodyear Tire Si Rub com—No $5 preferred No Gotham Hosiery No Graham-Paige Motors Granby Consol M 8 Ss P. — 52% par ♦106'/a par 13% 2 1 —5 34 39% 5 *27% 100 *100% preferred , 52% 53'/a 53 106% •107 52 106% 106% 13 13 13% *13 13% 21 33/a ; 83% *74 13% 40% •97 14% •82 Va 19 28% •57 9% •107% 15% 90% 103 Va 1 13% No par *34% 7% 8,500 25'/4 25% 3,600 •< •102 ;* 74 13% 600 84'/a 19% 19% 19y8 2,500 28% 28y» 28% 11,200 57% 57% 500 9% 5,500 97/a 9y8 , *108% 111 15% 15% 91% 91 103% 108 13 Va 13'/a 2 2 527/a 108 •103yB 53% 53 Va 108 12% •107 ♦12% 13 17/« 600 54% 11,400 107'/a 13 400 1,100 8% 8% 8% 8% 8% 8% 8% 8% 341/8 33% 33% 33% 34 33'/4 33% 33% 33 y4 1,500 39% 39% 39% 39 Va 40 % 39% 39% 39% 39% 39% 39% 4,200 28 27% 27% 27% 27% 27% 27% 27% 28 27% 27% 2,600 101% 101% 102% •101% 102% •101% 8% 101% ' *101 14 14 % 14 13% *34% 35 8% 14'/a 14 % 14 '/4 1 -t Va 35 34% 34y8 34'/2 34% *34% 101% 102% 14'/» 14% *34% 35 137/a •13% pfd__No par No par 147% 19% 19% 20% 20 20 Va •146% 147% ♦146 147% 20 147% *67 40% 20 Va 146 70 70 *67 70 *40% 20 145% 40 % - 70 67 y2 67% 397/8 40% 39'/2 40 140 2,600 150 13% 3,400 36% 15,400 20'/a 5,200 * 20 Va 146 ♦67% 39% 20'/4 20 y4 147 147 147 73 •67 73 40% 39% 40% 17 17 17% 17% 17% 17 17 17 17 10 17 17 40% 143/a 35 133/a 367/a 100 102 2,900 36 y8 13% 36% 10% 10 10% 10 10 y8 10 10 y4 10 y8 10'4 *16% 180 20 5,900 1,300 " 1 ! 25 10 % 26% 9% *103% ; •96 % 97 26% 9% 16% 56 No par No par : ♦96% .100 Guantanamo Sugar common 1 fw $5 convertible preferred No par Gulf Mobile Se Ohio RR com_No par $5 preferred 3,900 9,000 34 8% 37% Gulf Oil Corp Gulf States Utilities Co 16 95 103% 10,900 " 36% Aircraft Corp__ 110 2 13% preferred 6,100 57% 137/8 4Yt% 360 7,400 •82% 84 37% Grumman 13% 15,100 13% 10 " 78 15% 36% 3 85 41 13% par ; 6,500 97% 37% Common 27% 15% 13% Greenfield Tap Jk Die Corp_No Greyhound Corp (The)— 400 28 103 40% 36% 1 2,700 97% 13% 100 1,800 2,610 29Va 15Va 37% (H L) Co Inc 32% f 26%' ',*83% ; 10 124% 32% 29% . 41 13% Green 1,100 126% 97% 37% Sugar com preferred Green Bay & Western RR 5,900 7'/4 - 13% Gt Northern Ry 6% 7% , 28,900 , *124% 78 Gt Northern Iron Ore Prop—No par Great Western 3y8 - 34 8% ' 106% 92 103% 17'/a 21 ' 52% 52 52% 108 103% 2 No par Grayson-Robinson Stores com preferred par .10 (The). ♦103 par . 17 ; • 26% 83 y2 84 % 5.900 ♦27 % t 26y4 26% 73 103 900 4,100 15 28 •102 , 36y8 14% 29% *27% 28 *74 13% 40% 40% 97 - 13% 13% .21% 36yB ,124% 124 29 103 *83 y2 78 ♦21% f 32% 123% 29% 27% 17% , 32 % 33 123% •102 84 % 78 32% 123% 29% 26% 83% ♦74 400 , 126'/2 •"< 700 105% 3% 3% 3% 29% j (The) common—No par convertible preferred 103 •102 127 '/a 105% 15% 21% 126% 28% ♦27% 23% 103 25% - 40 96% 15% Goebel Brewing Co 13% 39% *82 % 2.50 ■ 37 15 17 C 127 r 21% 36% 15% - 5 Gleaner Harvester Corp 28 83% 26% 83% 78 •74 No par $4.50 preferred / -♦102 21% 37 21 y4 29% ♦28 y8 21% 36% I7y« •- 123% 29% 127%, 105% 21% < 3?% 123 % 29% *101 % "29% 33 32% 126 7^ •105y4 21% : 123% 126% 7% 25% 29% > 114,700 -*124% 25% 123 '/a 123% 89*/b 17 r 7% t". 32% 32% 123% / 88% 105% 3% , 7% 26% 26 1 < 125: ; 125 ; I 15 y4 17%' 21% . Shares 88% 2iy8 r 3%' 3% >17% < Sales for the Week 105% 15% 21% *21 Friday May 2(5 $ per share <;•'< 1207/a 21 36% " 800 ; 88% 89% 88% 87% 85 90 < $ per share May 25 S per share . 300 ' ' ' May 24 $ per share '' i Thursday Wednesday >• May 23 127 , 5,800 51% 11% 105% , 280 34,800 101% 105% V ! ' 51% 51% 127% 5 130 49% 49 Va 49% ;i 114% 114% 116 48% 50% r 11% *126% 30% 5,900 7% 68% ,<•105% 15% 7% ♦26% 86% .« 4,700 ' 158 27% 85% 21% -100 100 Georgla-Pac Plywood & Lumb Co 1 Gillette Safety Razor com No par $5 convertible preference—No par conv 105% 10%': • •16% 101% $ per share > 36% 21 / 4%% preferred 3%% preferred $2.25 10 •156% 167/8 68% 5 General Tire & Rubber Co com 3%% H-"1 ,15% $6 pfd.—_No par Telephone Corp : _20 General Time Corp common—No par 4%% preferred —: 100 Goodrich Co 86% ;»126% 127% Gen Steel Castings 4%* 3,200 •26% 49 Monday - «• I per share —No par No par May 20 >86% No par Refractories—^. Glldden Co 300 51% 104 •68 77/8 10c General Shoe Corp 107% 50% 68% 114% 50% 51% 101% 11% 11% 55'A 127% 110% 55 Vb 127% 107'A ♦101% 15% 116 *101 11% 6,900 27 % 7% t 15% 49% 5iy» 6,300 20 7/a 10 y« • 700 '• 20% 159 •16% 3,700 t: . 20 51% •157% 17 5% 27% Xl9% 104 10 10% 159 16% 600 ♦68 68% 27 % 116 •' 50% 51% •ioiy4 159 17% , 200 *26% 8'/a 1 . 52 104 10 10% 159 '**17 17% 51% •101 Va 50% 104 10% 159 160 17% - •101% 10% 10% *159 68'/2 5% 106% 49% 49'A ■ 29 , 18%. 27% 5% 57/8 V *28% 20% 17 77/8 5% 6 29 57/8 10 ys - 21% 18 18 29 57/8 27 Par 500 2,200 *18y2 27 < 9,500 8% 18% 9 »17% *68 127% 4,700 9 8 7/a 18% 8% 37% 160 •110% 8% 8% 8% 8 7/8 18% 9 18% 8% 10 '/a * 8% 8% 8% 150 37% 21% 7 160 • 8% 8 7/a ♦18% 300 79% ♦79 *'■ 8% 104 *51 80 37% 20% ♦lOl 79 7/a 8% / '29 20 - 79% *37% 5% 50% 78% 1,900 * 15,000 19 21 % : 25 177/, ♦28% 16% 15% 24% ' 8% *i7'/a ' •15% 25% 66 37% •.♦18V* *101 15% 24% 8% 8% 38 1 9ya 66% •15 25% 6b 37% 8% .2 8% 8% 18% 66 15% 25 80 •78 8% •65% •15 25% 67 25% 18% - 6< 15% 66% ♦15 8% *37% 50 67% 8% " 1 General • 410 ny« 9% -No par Equip Corp_ preferred 370 ♦11% Gen Railway Signal com 6% ' par General Portland Cement Co——1 General Realty & 800 17% Baterday L _i Gen Outdoor Advertising Oen Precision 230 14% 15% " 19 Jun 11 71 Jan Jan 2 Jan 45% Mar Apr Jun 9 May 26 6 13 Jun 3 18 5 10 Jun in*: 38% May July Jan 56% 65 Dec 12 92 41 Nov 43% 14% Mar Feb >' 9% 67 3 Oct 5 11 95 37 Jun 33% Mar Feb 9 112% Jan 103 11% 62% 12 2 33% Jan Jan 6,500 LOW AND HIGH SALE PRICES 4 < Mar 10 Mar 1,700 187/8 15% 16% . Grand Union Co 33 % 133% July 58% May ■ 13% May ll 12 Apr 36% 26 187/8 15% 15y8 l Granite City Steel Grant (W T) Co common 100 16% 105 % 26 15% '• 100 37% Feb 28 Dec 101 •104% 25% 15% *. 40% May 12 26 104% 25% 26 18% No par 4 24% Jan 104% 104% 25% 21% No par common 3 Dec 30% 15 No par Jan 28 % 30 Va 19 No par 7% Jan 29 13% 31 % 21% 100 10 Jan 104% 13% 29% 21% 50 Preferred $3.75 series i 13,600 13%. 18% 5 Corp com $5 preferred . . 7,900 32 13% x31 26 700 13% 15 No par 18 Dec Jun 105 % 26 72% 13% 19 _100 2% Feb Apr Apr •104% 26% 72% 15 No par 13% Feb 8% Jan 105% 26 290 72% 72% 73 21 7/8 preferred 3 28% II 105 62% 107% 15 5 1 30% 93% 13% 32 % 62 •106 19 1.66% 1% Jan Jan 32 13% 31% •106 21% com 11% Mar Jan 16% Jun 20% Mar 16% 3 Jan 106 24% Jan 31% May 23 9% Mar 29 May 25 97% May 26 3 52% 100 13% •72% 61% 107% 61% 107 15 General Motors Corp common——10 5 79% 25% i> 4 24 Jan 73% 31% 26 61% 60% 107 21% - 28% May 19 25 Apr Mar, Jan May ,102 8% Jan Jun 26 • NEW YORK STOCK 30% May 11 Feb Jan 73 % convertible preferred__100 26'/2 May 20 12% July 72% •72 72% ♦70%- 60% 61 60% 60% 107 18% Instrument Corp General Mills 7% May 22 5% Juh 5% 2,400 6,900 61 60% 50 $3.50 preferred 126% Feb 23 7 *95% 61 60 % 106% ' 21% preferred Oeneral 20 6 23 Jun 60% 62 15 General Public Utilities Corp Jan Dec 59% 61 18% Genera! Public Service 19% Jan 17% 3,100 607/a No par 2nd ' 24% Feb 17 77% Jan 48 900 21% 5* preferred 1% 11 4 77% 21 11% 21% 107% l General Electric Co 7 6% Mar 21 ' 73 11% 21% 60% 60% iqo 18% Feb 3% Feb 10 16% Jan 3 21% Jan 64 11% 21% 106% 100 17% Apr 21 4y4 Mar 23 July Sep 67 •11% 104 Jan /3«' 38 12% Mar 28 Jan. 34 * 105% May .9 * 22% 11% 21% 20'/a conv 260 106% •106 106% 11% 21% 105 15 J per share 6 • Dec 24% 106% 106% ll7/ 21 60% EXCHANGE 8 7% Nov Jun 106% 11% 21% 107% Highest 102% Jan Nov 124% Feb 104% 12 21% ' xl25% Jan 20% Jan- May 4% 104% 12 21% 49 *101% ■? 13 16% Mar 3% Dec. 17 Jun Range Since Jan. 1 68% Jan 19% Sep , 22% Jun 11% July 2% Jun 11% Jan - t per share 72% Nov 127% Sepi 104% Dec Jan 104% 11% 22 20% ' Lowest $ per share Jun x97 t Highest S per share 104% STOCKS Year 1949 Lowest 7,700 *106% Range for Previous I 39% 21% convertible preferred 8 Mar 387/8 49% 3 115 Apr 17 3sy« 18%* CorpIIHo General Cigar Co Inc com 13% Apr 21 57% Mar 8 108 38% 20% 4% 51% Apr 6 Jan 20 Deo 387/a 107% 103 Jun 38% 21 % ~ General Cable Corp com 4% 1st preferred , 50% May 17 51% Apr 20 126 Jan 13 38% 49'A 9 Jun 34 39% 38% 20% $8 11 Mar 24 38% *106% 9 Jan 31 38% 900 •14% General Bronze Corp 9 79% Jun 38% . No par Oeneral Baking Co common 9 Jan 30% Jan 65%' Apr 24% 8,100 Investors com__l 7 18% Apr Apr 13% Jan Dec 15 5% $4.50 preferred 100 Oeneral Amer Transportation 5 84.25 preferred series A No par 8 Dec 163% Feb 6 105% Mar 11 Jun 152 12 4%% 7 103 % Jan 5% 60% 10 Oar Wood Industries Inc 3 Jan 57/8 19 Qaylord Container Corp 106 57/8 19 : Feb July 6% No par (The) 6% 53% Mar 57/8 No par 32% 107% Mar 6% No par Jun 13 5% 105% (The) Jun 11 5% ♦105% common Jun Jan 5% -106%. 106% 7% convertible preferred Oamewell 25 45% Jan 600 5% 59% <4 oar common 157/8 48% Nov 19% 31% common 21% 107 40% •18% 13% Gardner-Denver Co 16% Jan 177/8 40% 18% 1 17% Sep 17% 40% xl87/8 20 Jun 41% 17% 40% 19% 1 (Robert) Jun 99 17% 40 % 19% 31% (The) Feb 103% 177/8 39% 13% preferred 10 Va 7,500 17% 80 15 6,900 19% 79 13 400 2,600 16% 17% 80 5% 16% 11% iqo Jan 16% 40 31% preferred 41% 16% 17% 19% 17% ♦39% 15% Oamble-Skogmo Inc -16% 25 •' 19% 25 Inc 17% 17% 15% Co ♦24% 17% 40 24% 6% 24% 17% 19% 15% Oair 45% 24% 17% 17% 24% 28 7,900 44% 25 40 13 % no 45% 45 45% •24% 19% 24% Oct 10 17% 67% 31% Jan 16% <♦15% Gabriel Co 9% May 19 18% Jan 16% _~io 9 Oct 6 5% Jan Apr 16% No par preferred 4* 4 7% 167/8 44% Shares 21% * --No"par Storea Fruehauf Trailer Co 17 4% 16% Froedtert Grain A Malting Co Inc_l 25 14% 16% 104% _25 Freeport Sulphur Co 25% May 10 7 17% 38%. s 10 Franklin Stores Corp > tjl ■ i Foster-Wheeler Corp common 8% prior preferred Francisco Sugar Co No 67% May 20 3 Feb 17% 45% $ per share 5% u 3%% convertible preferred 3%% preferred 25 % May 20 9% Jan 11% 18 36% May 22 12% Aug Feb x38 Jan 30% Jan 10 % May 60 Nov Jun 8 Jan 25 •17% S per share Sales for the Week 19% inn Follansbee Steel Corp Food Fair Stores Inc Food Machinery & Chem 10 89 20% •24% 17% <♦40% »' 40% too com Florence Stove Co Florida Power Corp Florida Power A Light Co Florshelm Shoe class A 22% Mar 23 15% 44% 247/s 17% par 2 24% 45% 24% 17% 1 Firth (The) Carpet Co_ No par Flintkote Co (The) common__No 20% Mar 17 Sep 43% 17% i Friday h May 2« May 25 t per share 25 17% Thursday May 24 $ per share 16%. —5 _ 4 27% Feb May 12 Firestone Tire & Rubber 4%% preferred 1 r common $ per share . PRICES Wednesday 43% . ♦24% - No par Fidelity Phoenix Fire Ins In ~Y 14 '33% May 27 18% Jan 8 i May 9 76% Apr 3 14% Jan 20 7 May 23 43% 2Q ' ■.' i preferred i Felt Sc Tarrant Mfg Co_ Ferro Enamel Corp. HI—II 12 108 23% May 11 Jan »18% Dec Jan 62% Apr 15 67 No par .■ 4%% May 20 83% Feb 13 105 Dec 69 18% May 13% 13% Jan 22 21 107% Mar 11% July 21% Jun ! & Co Federal Motor Truck Federated Dept Stores 39% May 26 106% May 25 3 52% Jan Dec 56 18% May 10 3 Tuesday May 22 $ per share Family Finance Corp common l Fedders-Quigan Corp —1 Federal Mining & Smelting Co ~2 Federal-Mogul Corp s 140% May 26 19% May 19 " 6% May 6 13 Jan » 23 ' 14 17% Jan 98% 33% Jan . .81% Dec July May 53 3 17% Feb 4 20% , 63% July 3 17% Mar Dec 10% Nov Falstaff Brewing Corp Apr 22% Jan 35% Mar 11 Jan 36 7 Pajaxdo Sugar Co 7 15% Jan Dec 104 Feb Fairbanks Morse 8 14% Jan Oct 95% Mar 24% 45% Mar 27 3 19 Monday May 20 Par 26 Apr j HIGH SALE Saturday $ per share 37% Mar 10 17 RECORD LOW AND STOCK EXCHANGE 23% Jan Dec 38% Jan 18% Nov Jun 3% 15% i Jun 14% 15% . 11% Mar 32 Jan 25% Oct <23% NEW YORK Highest $ per share $ per share share $ per STOCK STOCKS Range Since Jan. 1 , Lowest Highest * YORK 21% 26% 56 .. 69 97'/a 97 93% 98'/a 98% 97% 97'/a 300 26% 26% 26% 26% 26 % 26% 26 26'4 4,800 9 9'/s 4,800 9 8'/a 9 105 ♦103% 105 •103% 105 17 16% 17 16% 8 9 9 •103% 105 20 103% 103% 17 y« 16% 16Ya 16 y8 16% 10,100 56y4 *55% 56'/a 800 > 56% 56 56 y» 56 y8 69%. 68%. 69% 68% 69 Ya 68 y2 68% 685/a 69 14,200 21% 21% 21% 21% 22 21% 21% 21 y8 22 13,900 56 . 21% ♦96% 7/« 9 16% 56% 69% 97 •103% 17% : 26% 8% 105 ...69% 21% •. 56,500 ♦56 . 17 Financial Chronicle The Commercial and (2210) 18 NEW YORK STOCK . . . Monday, May 29,1950 RECORD * • W-5 Ksnge for Previous Range Since Jan. 1 Highest Year 1949 Lowest $ per share' NEW YORK > Lowest '* Highest $ per $ per share share 5 .:> Saturday May 29 , Jan 39% Dec 32% Mar 21. 46% Feb 16% Jun 24% Dec 22% Apr 12 Jan 14% Dec 14 28% May 26 J 15% Jan 12. Hall ,(W 13% Dec 14% Jan Hamilton 81 - 11% Jun 20 May 24 11% Apr 29 72% July 104% Apr 18% Nov Jan 73 108% Nov 104 Jan 20 Jan 3 142 149 Feb 145 23% May Par .... 5 3 3 7 % Feb 61 Jan 68% Oct 6% Jun 5% Jun 10% Dec 64% Jan 9% Feb 9% Jan 6% Jan i 19% Feb j 37% Dec 35 Oct 103 105 11 Jan 41 Mar 20 Jan 9 106% Jan 4 5 6 Dec Dec 30 % May 22 40% Feb 7 * 44 14% Mar 23 20% Mar 53 49 % Jan 125 Jan 40% Jan 30 Dec 53 51% Nov 52% Dec *13% Aug 14% Jun 21% Jan 21 % Jan 77 Dec 12% Jan 20 f Fen 22'% preferred seri.es A 4%% preferred series B Hewitt-Robins Inc_ .____' h 7t 25% Jan 14 . 5 » 16% Jun 22% 16% Apr 18 28% Sep 50% Nov ■ 30 32% Jan 13 May 107 Dec 11% Mar 25 Nov 31% May 17 Nov 33% Apr 26 99% Dec 48% May 44% Oct Jan Hooker Jan 10 38% Feb 10 99% Mar 95% Jan 7 46% Jan 13 38% Jan 12 12% Jun 31% Jun 16 Oct 15 46% Jan 4% Jun 11% Dec Dec 12% Jan Jan 35% Mar 9 42 % Feb 13% Mar 1 « 171/4 Apr 29 8% Nov 11% 1% May 10% Jun 2% Jan 1% Jan 18% Dec 17 % Jan Jan 8% Jan 17 2ft Mar 13 12% Apr 3 13: S per share 13 t per share 15'% 153/4 ,57% 58% 57% 57% 57 58% 56'% 57 57 125% 125 126 20 3A *125 *43 2,100 43% 43'A 320 *15% 44 153/4 3,600 57'A . 4,800 . : ;■ > 52% 125% 40 46% 46% 46% 46% 46 3/4 46% 47% >,000 53% *53% 53% *53% 53% 53'% 53'A *533% 53% 200 52'/a 52% *52'A 52'% *125 *125 1 70% 70% 70% 707/a 707/s *70% 13% 13% 13% 13% 13% 13% 13% 13% 133% 13% 13% 13% 10,100 17 17% 17% 17% 17% 17% 17% 17% 17% 17% 4,900 0_a._5 Co_—__„ 10 1— iey8 ..14%;.' 14% 28%>.28% 5 ———> Mining— Electrochemical- Co 13 % Hussman copimon_,_No pafv -000 L stocks NEW YORK 28a% 12% 12% 18 *173% 18 *17% 28% 28% 43% 39% 393/4 39'% 129% 130% 105 1063% 107 % 13 % 31% 13 % r: /; v -3i%'>>^;^|i % 36% 57% ;i58% 97 : •• i: 17% 177/a 27% 27% 47 'A 473A 16,500 38 3A 4,600 13 > *34% 34% ;• *96 97 57% 57% 56% 18% *17% 18% 373% 373% 8% 8% 8'% *13'% 3,300 57% *173/4 373% 563/4 3,400 38 383% 39 16 % 15% 16% 15% ny# 11% 11% 3% SALE -Tuesday •; > May .•.Vi1- shart 23% 4 23% 1,100 13% <'14% 39'/a 39% 16 . 14,200 01% >•4%: 1,700 4'A 11 y« :■ 43/8 't V"'f :V 59,500 24: '■ 23% .,24 500 3,500 - 3,700 PRltES Wednesday 28\>,May $ per share 100 1,700 8% 153/4 , 11'/a 11-'/a 4'/a 23% 173/4 37 8% 16 LOW AND HIGH Monday 173/4 4, 14% ;. 57 x37 ' 8% *13'A '4 170 50% 003/4 14% • 900 50% 8% >23% 1,300 97% 50 39% : ; 313/4 35'A 50 39 3% :-,;;V^'M^.2(^g^i May 22 $ *31% 34% 97% 393/a 23 5,600 *96'% 353% 50 18% • 100 ,13'/a 313A 97% . 810 108 *31'% ! 400 1,400 'i- 129% 13 13'/a 14% 11% . 129 *106 108 16 ^ 383/4 393% 130'A ' 39'/a 4% per, share 17% 37% : 600 • 47% 35% ■. r 27'% • 58 57% *13 • u% >>'0 400 50% 8% 00 1 -:v Par 36 37% Saturday 3,400 12 3% 97% - *17% 22.,%iV'23:V4'>'0^22%.:;.23 28% *12 39 31% 0*47 % 4 STOCK S per share 31% 50 ■ '.j,' 8 %' 11 % ;. 313/4 97% .- 28 12% 129'% 13% *35% n-. 18 % 37% 08 %''; 8% *13M>T4%-'0V % 13 % : .39. 39 Vi 4,; }38 % 39 % ,.16%i 1 16%V0.\>«T6 I6V2 , 13% 38%"0iH;%7% >37%> '•* 8 13% 31% 50% 15% 28% *106 13% 15 90 46% > . 393% 131% *14'% - 27'% 46% 105 73 12'% 23% 130 58 V 1 EXCHANGE 273/4 44% *71% 1. ' 3,600 10,200 28% *17% 28% 43% 39% 73 . 600 V . *14'% . 18 28% 43% ' 105% ' 97 v>97150%:' 50% >>>>30 -6.66% No par 14% 28'% 13 y43% ;,0>:i8O "*17 %-18 l y,.... 14% 28% 13 36 . .. .-__5 Refrigerator Co_ 15 23 *14% 130% 3i%•> ___^ Hunt Foods Inc. *'18 *71 : 1O5%>0* lf4 % com ; 72 13% *130, > 131% ♦ 10.4 % No par , 15 s 28% 3, ; oy 78 •>: 39%»:>; \jf&p78 39% 0.374 com___5 __Nopar- ; >14% 2$%1 28% -t. 43% f 44y8>^> No par preferred——— 50 conv - *12%v:13% *17%* 18 - —5 12.50 ——___ > i6%( 1 Co_—_— & Sons 3%,% preferred ; 125 45% 53% 70 Va " Corp Dauch Hupp Corp-— ; \v,;;i25% 125% 45%' :• .,', >'45% 45% 13 3A Lowest $ per share 15% 44 203A Hudson Bay Min & Sm Ltd—No par Hudson Motor Car—____0?.5o* 22 Range Since Jan. 1 .*• Highest Highest 15% *43 13% 1 Year 1949 15% 20 Range for Previous Lewest 30% 43% 15% 193/4 * • 14 4% Apr 25% Apr 12 30% : 30% 30% 43 % 15% 60 13% Hudson & Manhattan, common—100 5% non-cum preferred———000*! 2 Oct 30% 30% 43% 10 300 104 193% Howard Stores Corp__ Howe Sound Co____ 9 14% 30% *103 104 13% Household Finance - 27: 17% 30% *103 13% Furn&ce $2.25 11% Mar 13; 47% Feb 104 *103 14% ' Houston^ Light & Power———No par V 'S Houston Oil of Texas,v t c., '—25. 8% Jun 103% 43% ! 125% *52 19% Apr 44% Jan Mar 22 * 103% 36'% 36% 52% Houdaille-Hershey 9 33% Jun 9 050 0-50 Li—5 50% May 2659% May 19 35% Apr 17 7% May 11 >56% 1,200 98'% 20'% $4.50 2nd pfd series A $4.25 preferred—i 9 34 36% .*53%., ,53% / 9 14 ; *353/4 58% 45%,' : •-> May 24 41% 86% Jan 42% Jun 29% Feb 132 12 35 % Jan " 13 36% 30% *125 Homestake 40% May 10 Jan 101 y8 Jan 36% 57% Holly Sugar Corp__—i_10 5%,, conv" preferred—t_—,—^_^_30 7 109 *36% 104 3,600 1 32 *97 13% Hollander 1A) 9 13% Feb 28% Dec 36% 36'% 22'A 32 22'A 22'% preferred series A-—-'—100 3i/a% Holland , 11 Dec 98% 20 Paper Hires Co (Charles E)_' 14% May 10 Dec *97 52% Corp,- ■ 29% May 8, Oct 10 % Apr 34% 98% 13% -13% Jan Sep Dec 101% 97% 13% Hotels 116 197% * 13% & 15% Apr 32 98% 22 13% Hinde 15% Jun *31% 36 % 7,100 14 Hilton 29% 94% Sep 9% Jun 313% *97 1,600 7% 13 % 6- Jun 100 22'/a 31% 98% 60 10'A 7% —0—1 Heyden Chemical 4 ' 29 % Mar 22 31% *97 73% 10 7'% 22% 17 10 .2.000 1,800 •• 73'% '■ ■ 10'% 7'% 31% 43% 6'% 523/8 Jan 19% Jan 75 . 10 22% 30% 26'% 63% ..' 20% May 47% Jan *733% : 73% 31% 16%. 145% 26'% ; *20% 17,% May 22 -* 16% May 9~ 13 10 7% 7% 61/4 26'% 6'A *52% 14' 27% May 25 75 9% 10 - 20'/8 80" 42 % Apr 145% 20 4,400 52% 6* . *73% 73 7% V 22 104 .-30% 10 22%, 20% 4 Jan 22%. 400 'V 7 52% 11% Mar 5 73 IP • 26'% : 31 % ,104%' ll7/a ' 20%; 20% 14% Jan 24% Mar 34% Jan - -•4%% Dec • 73 6% 6 % 6 3/a /■ >'21% 22 . 1 150 *145'% 26% 31>4 43% No-par 107'% 22 3/4 1,800 73% 107% ' 107'% 26% 26% 6% 9'/a *104 .5% preferred _100 Hers}iey Chocolate com———No par 3 18 Feb 18 % Jan common 6% 7%l-:.7,%r>',>,^7% "i . *72'A *106'% 300 ... 22,100 .: ' ,7% ,*36%. No par 150 11% 11% *106'% 73% 73'% 12 *72% 25% 25% 9%'>!;>, 19% 21% —25 "___ -:#6V* *11% *72'% 22% 11% 74% *145% 34% ' d: 53% Feb 21 15% Jan 3 13% Feb 1070 May 17- Sep ,,72 V4 ^10 preferred— Powder 56 c_*. common Hercules Jun *24 W) non-cum Motors 8% . (G 7% Hercules 47% May 26* May 12r x51% Apr Helme 3 Dec 84% 150 - ' 34% 11% 11% *73% 23 73 > 97 % 100 Co,common —25 preferred ————100 12% Jun *145% >'30% J) 15% 8% May 11% Sep (H 3.65% Mar 10 ' preferred 58% May 19 127% Mar 13 6 Dec 53% 131 Nov Heinz 33 % Mar 16 23 45 52 3%% . 14 y8 23 23 Sharss 28 3% 14 223% *9%,. : 27 14'/a 23% >72 L_ 5 ——__;15 Co_r, 26% 14 y« 22% >25% ,—2 _ 26'% 14'% *106% 26 -15O>0> >145 % 150 145 % 34'% 27 14 106% >25% *; 25% ;• *6%. / 6% Inc-,—1 Corp Hazel-Atlas' Glass 17% Aug 122% Feb 26% Mar Mfg Hecht Co common— 98% Apr 32% Dec Industries Hayes 33% Mar 16 3 Feb Hayes 24% Jan 10 9 42% Jun * 34% 26% 14% 106% .1:>:v.;73 *33'% 34 26% 107%V*> *106% 107% '73.%; '■ ; 22*% com—Ncrpar , Sales for the Week $ per share share 34 14% H% 73 J26% , Friday May 26 May 25 ' ' *33% ',*33% - 26% *106%. par preferred —100 Schaffner & Marx^ —i_10 Corp of America common—i_l 4 '% % preferred-. —100 ' ' *14% 34 - >73 «■' 6%. ,*■ ' ' 14%'.; .14%- r; •' *14% ,*H%„,:12->iy^,.Vi;-H% No par Hat - 7 13% 40 26 Hart • 10 23% Jan 34% Jan Jan Refrac Thursday $ per $ per share $ per share 34 26% >33% preferred-^——^100 Harbison-Walk 10 8% Jan 3 Apr 93% Watch Co cpnu conv. May 28 $ per share - 070$; ' 21% Mar Dec 12 —25 Cementing;.—5 Printing C<W _——5 F) Hanria (M A) Co $4.25 pfd—No 73% May 26, • 1 25% Jan 95% 30 * Jan 98% Jan 5 Dec* 25% Jan ; 3, Dec 25 20% Jan 84 NOV- * 3 27% Jan 5% Jan Dec 4% 23 % May 23; 148 Mar 31 Jan 7% 25% Oil^Well 8- 107 % Jan 23% Jan Jan Water Halliburton * J per share >■ Hackensack . 12 80 % Feb May 22 Apr 11* 20% 4% Jan 14 Tuesday Monday May 22 * « H 31 PRICES Wednesday Way 24 LOW AND HIGH SALE STOCK EXCHANGE - •• t per share • STOCKS 24 X Friday > May 26 Thursday •.* 7 ■ May 25 share Shares 36% 36% >1,600 4f% 42V2 19,700 911 91 $ per $ per share $ per share Sales f»», the Week >0S 31% Jun i 22% 36% Feb Dec 35% Feb 8 Dec 34 % Jan 25 Dec 36% 90 Vx May 12 i 73 ' Jun 96 < Jun 96 Jun 34% Dec 37% tfov 20 , - 25% Jan ( 81% Jun 100 7% Sep 21% Jan 4 Jun 33% Mar 55 Jun 155 Jan 30 May 11% Jun 8 Jan . Jan 55% Nov 94 % Jari 29'% Dec 8% Jan 53% 72% 165 8 28% Jan 7 Jan 3 Dec 42% Mar 28 56 66 71 Feb Apr 24 Apr 163 Jan 6 41% Jan 38 Jan 26 18% Jan 12'/8 Mar 30 10% Dec Jan 95% Deo 92% Jan 164% Jan 5% Feb 2% Jan 13 % Jan Dec 1% Jan 12% Jan 212 31 13 Jan Deo 25% Apr 3 Dec xl75 May 3 Dec Jun 34% Oct 73% Jan 3% Feb 25% Jun Oct 84 6% Dec 4'/8 May 25 25% Mar 31 133 Dec 33% Dec 94 Jan 4% Nov 31% 143 Jan Feb 37% Dec 103% Nov 7% 9% Jan Jan 12 33% Jan Feb 88 4 137 25 ' 108 Feb 5% Feb 71 Feb 49 % Jan 3 Jun 61 Feb 55% Feb 14' 14 Apr Interlake Int'l ., 60 46% Oct 38% May 17 46% Jan Jan 46% Apr 26 54% Feb 33 134 30% Aug 7% Jun 34 11% Apr 14 9% Jan 20 Dec 17% Feb July 18% Feb Jan 23 Aug 24 Jan 34 Nov 24 Jun 32 Jan 136% Aug 148 Feb 2% Jun Jan 3 17' 20% Jan 4 29% Jan 30 27% Jan 136 Mar 36% May 24 Mar 45 5* 1 1 Apr Jan 7% Deo 11% Jun 18% Jan 6 May 22 14% Jan 5 81 Dec 92% Jan Jan 59% Oct 56 % Jan 95% Jan 30% Jun 96% May 15 70% Mar 3 105% Dec 44 29% Jun 50 % 54% Dec Dec 102 Feb 21 Jun 33% Jan 73 Jun 86 30% Dec 8% Jun 94% Jan 100% Feb *34% Feb 62 109 Dec Jan 40% Mar 12% 105% Nov 49% Dec 62% Dec 17% Nov Jun 14% Jan Jun 23% Dec 19% For footnotes 107% Mar 45% Feb 9 57 V4 May 26 109% Mar 20 81% Jan 24% Apr 9 13 - 34 90 Apr 18 34% Mar Dec see page 57% Mar 25 59% Jan 26 64 16 % Jan 3 ll3/4 Apr 20% Jan 11 131% Jan 13 23 16% Jan 24 30 19 20 Feb Mar 16 1 Tea 15 % 15% 10% *10% 10% *10% 10% 10% V1Q% *10% 10% 200 20% 20% 20% 20 % 2,200 96% 96% 97 % 97'% 2ya 15% 23ly4 153% *96% 97% ♦2 2% 233% 234 7% 177 12% 35% 87 87 137 136% 45% *108 7% 87 • 8 7% '. 8% 29 % 137 46 109% 7% . 12% 5,200 37% 7,900 *86 87% 87 87 x5 *86 " *136% 5% 5 5% 19,700 28 28 3% 62,400 136 % 28% 137 45% 45% 137 x45 % 46% X108 108 *106 61 60 60 *59% 60 60 60 *59 60% 300 39% 39% 39% 39% 39% 1,200 48% *481/4 48% 48% 48% 2,200 36% *353% *353/4 7% 36% 36 36% 100 14% 13% 13% 36% *353% 13% 13% 13% 13% 13% 13'% 13% 26,100 20% 20% 20% 20% 20% 23 .'•* 20% 20 % 23 %' 20% 20% 21'/a 3,700 23% 24 24 24 23% *40% 41 % 40 40 39% 29% t-39% i ,30 40% 29% 30 29% 30 *29% t* 137 % 139 % 6%r , 6% 68%' 68% 6 18% > >104% >18% 6% 96 67% 67 Va IO51/3 r ; 6% 139% 6% 23% *137% 6% • 23% 23% *23% 24 2.300 39% 38% 39 38% 39 2,500 30 29 29% 283% 29% 1,000 v. 139% *137% * 63/4 6% xl8 18% 96 *104% 106 7 *137% .0 * 137 % 139 % 96 % 18 173/4 17% *173% *95% 96% 95% 95% 95% 67 67 67 67 105% 105% *66'% *138 139% 6% 6% 140 6% 12.600 18 *17% 18 300 95% *95% 96% 330 66 500 68 66 '104% 105% 51 *104% 50% 51 '104% 105% 10 50% 50% 51 50% 50% 50 3 4 56 56 56% 49"% 9,400 56 »» x49% 50 56 • 12% 56% 56% 56% x563/4 57 57 57% 1,600 108% *107'% 105% *107V4 > 108 V2 *107% 108 Va *107% 33% „ 335/» 32% 33% 32% 333/4 33% 34 89 33% 89 7 27% 89% 89% 33% 33% 33% 88% 89 83 88 87'% 88 27% 27% 87 Va 87 % 27% 27% 27% 27% 27% 263% 27 4,500 - 27% 13%" .13% *107% 108% x26% 12% 12% *12% 123% 102% *102% 102% ^_100 *108% 109«% 103% 1023% 1083/4 108%, 1083, 103% Southern com—No par non-cum preferred —lOo 108'% *54% 55% 54- 55% *108'% 54 54% 54% 55% *6234 63% 62% 62% 62% 62% 62 % 17 17 Co— City Kansas Power & Light Co com—8.75 163/4 12% 5 1 960 *35% 96 V4 A—1 2,200 14 " *17% : 7% 60 20V4 13% pfd—100 conv class 73% 7% 20V4' 1 Co_„ 300 60 *102% & 108 420 29,300 7% 12% (Julius) *106% 46 V» 61% 102% Kelsey Hayes Wheel Class B 108 138 7% 36 Kayser 45% 61% 48% — *137 62 48 .100 preferred-! 300 4% 28% 12% Kansas 86% 5 Va 29% 28% 102% Lt 610 12% 47% Furnace—4—10 & 27,900 37 102% Power 1,900 29 177 r; 123/a 48% preferred-^ 232 28 =% 176% 230 29 178% 36 47% 1 1,000 11,500 12% 39 a 270 2'/a 15% 35% 38% common 28% 177 - 12% 383/4 :—,u—Ll00 ! No par Corp_ 230 % 29% 178 2% 35% *59% 62 5,400 12% 60 *59 61% 6,100 35% 39 61 *2 15% 234 29 177% 12% 28% *232 29% 343/4 46 ,>,'107% 107% ' 15% 235 i - 2% 15% 35% >0'045% > 2% '153% 28% 177 8% 7% 2% 15% 15% 41 4 38% 9 May 24 403% 15% 97 % 62 1,900 41 97% ■''•>>136% 178 - 4,500 ,v 15% 97 46 ?173 178 :- 40 3/4 20% 137 68 7 *173 k 54'% 68 100 7% 54 68 Va 15% 48 common—_No par Johnson 178 *7 54% - 68% 40% 28% No par — 54 15% 39 _1 Co_! ' 68% 40% 60' Co 7 7% '55 *173 48 6 May 24' 178 *7 20% 0^B87 109% »7'/» % *38 = commoh Co Inc City cum 4% 2,800 *102% 3.80% . 2,800 15% 8%">>.% 8% 45% i_-_N6 par Kalamazoo Stove & 4% 8% 31% *59 i—— Manville Johnson & 8% 31% ;V'VV96% ; 800 8% 32% 40% 28% i> •;;%28% 8%; 3,300 40% 177% 12%0>;^12%--T2% 28%. 38 % 52% . M5% >7700^^76% *86%v 87 , 52 % 8'/a >203% •i' 233 38 533/4 1,110 33% ; 383% :> , 39% 52% 38% 313/4 *61 Joy Manufacturing Co 13% May 16 12. 233 *52 400 101 15% 29%,. 29%!!->^28% 'A 29% /«,-/ 29% v'> '• , *99% 8% 203/4 12%, •> 35;^;;!>:to5 4% 2nd preferred series —100 Jones & Laughlin Steel com—No«par 5% preferred series A__ ;_100 103'% Apr 10 109% May 18 46'% Jan 233 101 38% *53 / 21 t.; 35 •" common—_i_25 ±.—A Coal 38% ' 32% __100 Machine Johns * 6 .Mar 24 f *99% v 8% No par 3%% A preferred— 19 98% Jan 25 1043/8 Jan 9 < .V 177 36% 40% ,41% 91% 91% 31% 8 3/8 32 7% *173 41 36% 38% 53% 52 52 20% ^>2% :itV02% 15%V>015% 50c Jewel 31% 15% com_;_No par 1 Silver (F L) 8% 32% -SJ J/15 % T0%:';,,>>10% No par Creek 8-% 31 % 15% \ *2 t ;_No par Jersey Cent Pwr & Lt 4% May 24- . Rubber_i.—L.N6 par Salt Jacobs 51% May 18 3 Jan ' yjv.; >.40% 96 100 •1 Machines—_a_No par common! _No par Jaeger 1 48 107% Apr 24 27% Jan 13 Jan Aug July Jun 3 103% Mar 27 83/B ,.*:>, *35%?' 37 Kansas 102 Jan 14% 10% 17% *13% 25 41 96 $6 preferred 7% Jan 11 18% May 3 94 Jan " *136% Island 3 *53& „ 4i Intertype Corp 14 31 % Mar 15 * 141 38% 533/4 52% 68 . 3* 39% 52% . 38% 53 7% preferred __l_25 International Telep &!Teleg—No par International Utilities Corpa—*—5 Interstate Dept Stores :_No par 1 39% *53 iV 20% International Shoe 16 Apr 2i: 21% Apr 12 ' 39% 52 67% 20% preferred 38 53 V Canada 38% 101 *7 —15 .—1100 38 y4 *99% 67% common *___; 101 r 41% 92 53 *10% —1100 38% 36% 40% *91% . 7% —_1 • *99% 101 36% 41% 92 533/4 ,'~*7> .07%;' f j, 36% 41 39% •8% 0>: Inc—— ;___! 36% *91% .. °53vV . 32% •*107% International 38% 92 'f 52%.-'$52%»<^?ij*52% A: 53 ■'■i .67%'; 67% />0>673/4 BWaSj&V.Oi'RIVa *. 67%'-' 68% *173 .178 >173 178 v —_—_100 5% 4 *;» 32% International Paper Co com 7.50 $4 preferred—' : L—No phr International 28 57% \ " 83/a' par Int'l Rys of Cent Amer com—No par 12 12 1 39% 53% *53,V. 15% Preferred May 25 ••.'•> 52 —_5 International. Mining* Corpj— ... * * preferred Int'l, Nickel of * 39% A I_20 preferred 4% 28 Jan ; . Int'l Hydro-Electric Sys class A-,_25 Int' 'Minerals & Chemical com 5 8 38% Jun 39 Ironl Business 1% " 8% Apr 64% Apr Ctfs IntT; Harvester 24 May 18 *38%' Copper_l._j: Intercontlnenta.1 . 16' 10 0*: *99% RR'.Co_ Interchemical Corp 4%% preferred-, - x46 % May 24 1 Nov 41 > Feb 9% May 43 , ' 2 Mar 29 Jan 29% Jan > 50 - Insuranshares 133/4 Apr 6 37% May 26 130% Feb 24 104 * 5 29% May 18 * 181 31% Jan 25 86% 240 Terminal Inspiration Cons 15% May 22- 4 29% 10 24 • 213/4 May 101 101 100 EloctricajDe Mex, S A Industrial Rayon__l————— _i Ingersoll-Rand common: par 6%, preferred T—___—,100 Inland Steel CP-. ; No par 2 x98% Apr 19 2% May 5 25 180% . Jan *99V! s99% lines 4% Industria Apr 10. 41% May 11 15% May 19 11 36% & >,,,41 !»>Sl% 41 % *91% "92-% Indianapolis Power & Light—No 19 175 Dec 234 Illinois May 16 Oct 18'/8 9% Jun *145% Jan 1 22% Jun Jan 36% N41 %>41 % stock, ctfs series A_—_1000 Illinois Paweiupo common—No par *4.70% preferred I -_50 4.08 % cum preferred— _50 " 4 9 Apr Jun • r*36 pfd ser. A—100 conv RR 33% Mar 27 10% May 2 1 16'/8 Jan 16 1 ? * 4 86% v -' 4 , non-cum Leased 3 56% Jan 9% Jan 12% ■ 6% 52% May 26 v. May 22 Apr 24 r_20 Cp common,10o Illinois Centrai'RR , 3 39% May 26 41% Mar 23 13 53% Apr 11 Jan Jan 100% Apr 36% Jan 5? 10% 98 25 Jan Idaho Power Co 42% May 26 17 34 40% Mar 15 . ' *22 18% 16% 123% "22 3/4 183/4 *61% 16% 17 % 17 12 , • 54% *61 108% *107% 108'% 21,200 470 12% 12% 12% 2,300 102% *102% 103% 20 109 *108 109 *0 55% x53% 54 % 3.500 62% 62'% 62'% 300 17% 17 12,700 12% 17 Va 12% 12% 12% 13 133% 12% 13 2,700 22% 22% 12% 12% 22 22'% 22% 23 22% 23 1.400 19 19% 22% 22% 19 19'% 19% 20 19% 193% 19% 19% 3.000 17 y3 17 ' Number 4911 Volume 171 The Commercial and Financial Chronicle ... (2211) NEW Range for Previous Year 1949 share per share ,$ per chare NEW YORK 40 Jun 56% Jan 57% May 26 Jun 48 Va Nov 49% Apr 45% Mar 3 39 1 49Va May 10 11'/a Feb 16% Nov 15% Jan 3 17% Jun 25 V4 Dec 24 27% May 24 38 Va May 20 152% May 20 90 Jun 107% Deo 10 % Jun 16 % 106 Dec Mar 25% 72% 31% 4 71% Feb Saturday May 20 Par Apr 25 42% Jan 6 98 Jan 28% May 19 9 93% Jan 43 Feb 4% Dec 40% Jan 27 48% Feb 62 Va Dec 53% May 22 43. Jan 60% Dec 59 Va Jan 62 16 Jan 2nd conv — $5 prior preferred Koppers Co Inc 4% 5 Kress 65 Va Mar 20 ( (S H) & share Shares 57 57% 56% 57% 56 57% 56% 573/4 19,000 48% 48% 48% 48 Va 48% 48% 481/4 481/2- 48'A 48 3/4 3,600 25% 25% 26 26 26% 26% 21% 26 Vb 27 x253/4 25"/i 4,700, 37% 38 Vb 36 Vb 37% 35% 36 Va 35% 36% 35% 36 35 Vb 36% 9,700 , 145% 146 Va 15 Vb 143/4 143/4 *143/4 15»A 71 *70 71 ' —No Co__„ 146% F par , —No par 70% 29% 29% 95 95 > *70 ' S per share ' 144 145 144 145 146 720 146 *143/4 15% *143% 71 ♦70% 71 80 29 VB *94V4 29 293,4 28% 29'% 29 Vb 29Va 95 28 Vb 100 15'% *701/4 , 94% 941/2 95 95 96 97 40% 41 40 5% 41 5,700 200 40% 40% 41% 40% 40% 40% 41 Vb 55% 54% 55 54 54 533/4 53% 53% 54- 53 Vb 54 63 63 , 70 29% ' *94% 40% *55 !' ■ 152 *14% 56% . 95%' 28% _a10 Kroger Co (The) $ per 56% 49 152 Va 152% •14% 15%, 70 ' i * 69 % ——————100 I - Sales for the Week 57 Va a—10 — S 6)-Co •$ per share May 25 49 , i-'I-l —No par common preferred Kresge May 24 $ per share $ per share Friday May 26 Thursday Wednesday 57 r .-_:_iQo common PRICES SALE 25% com —No par preferred- HIGH May 23 1 Wire Co —No par Kinney (G R) Co AND Tuesday , —No par & Monday May 22 Sper share County Land Co—- Kimberly-Clarke Corp 2 97 Kern '6 31 % Mar Kennecott Copper Keystone Steel 17% Mar 31 Jan 90 Va Aug x35% Jan 14% May 16, 69'A May 12 Dec Jun 62 13 RECORD LOW STOCK EXCHANGE $ per share , •» Jan STOCK STOCKS Range Since Jan. 1 Lowest Highest Highest Lowest $ per YORK 62% 62% 62% 63% 63V4 65 63V» 64 63 63 3,300 • 1,200 • 2,000 i\\'. "... 1. 4% Oct 8 Jan 6%, Feb 15 3% Feb Jan 6 7% Jan 3 12 Laclede Gas 3 Va Jun 11 4% Jan V» Jan 22% Dec 20 Va Mar 21 22% Feb 6 Lambert 9% Jun 11% Dec 10% May 15 12% Jan 9 Lane Bryant 25 17 43 Jan 47 Oct 44 % Apr 19 47 Va Jan 19% Jun 26 Va Jan 22% Jan 19 32% May 24 37 Jan 45 Va Dec 40% Jan 25 16% Jun 90% Jan La 48% May 26 25 % May 9 99 % Mar 23 6% Jun 33 Va Jun 3% Jun 1% * Jun Jan 20 Jan 3 May 22% 98 ' 94 Jan 24 11% Jan 7% Jan 3 49% Dec 44% Jan 27 5% Jan 4% Jan 3 3 Jan v 8% Apr 50% Jan Jun 4Va X41 % 24Va Jun Jun 8 Va Feb 20 Va Feb 44 Va Jun 34 Va Jun ;llVa 64 13 9 1 72% May 19 '7 'A Jan 3 37% July 34% May 1 Jun 83 Jan 27 182 Jan 11 49 Dec 45 Jan 17 v Jun 52 Va Jun 19 Jun 13 V4 Jun 65% i 10 % Jan £67 X7% Mar 29 Dec 60% Mar 1 33% Oct 28% Feb 27 ,:.17Va ' Dec 17% Jan 3 . Jun 37 Va Apr \ 3 62% May 10 9% Feb 15 66% Jan 2 preferred Lily Tulip 11 Link Belt Lion 40% May 22 21% Jan 9 Oil Co— • Jan 13 81% Apr 13 32% May 1 6 Loew's Inc__— Jun 76 Jun 19 Va Jan 153 Jan - 23% %;> 25% Oct {? 27% Dec r'172 Va Dec 75 Jan 13 81 Mar 16 Lone 22% Jan 6 27 Apr Long Bell Lumber 5 28 Mar 166'A May 4 .30% Jan 11 32 Dec 41% Jan 34% Jan Sep 22% Mar 24 • 31% May 20 Va Jun 95 25% Jan 15 3 ' Jun 100 Oct 97% Feb 17 21V4 Mar 18% Feb 2'J 174 Jan 4 19 i 11 Range Since Jan. 1 Lowest, $ per shan $ per share NEW Highest ■ v,?. :: ■? v< YORK 9% Jun 31 Va Apr 1 • 9 Va 27% Jun 95 Va Jan : 5 33% 7 11% Mar 31 Jan Dec Jan 19% 29 % Mar 31 102 Jan Jan 525 Feb Mar 140% May ?8 20 Jun 6% May 4 41% Mar 24 3 13 Jun 430 3 135% Mar Jan 104% 8% July 10% Jun 38% Jan Oct 15% .4 , Dec 11 Apr 3 9% Mar 27 15 Mar 30 10% Jan 530 3 15% May 23 34% May 25 105 Jan 20 14 Va Apr 18 17% May 20 24% Apr 19 22 VB 22% 22% 22 3A 23 22% 23 22% 23 72 VB 72 72% 71% 72% 71% 72% 713/4 72 8% 8 . ,* 8 Vb 8 8 8VB M & M Wood MacAndrews 8'/a Mack Macy ,(R H) Co .— Inc 4%%^ preferred Madison 35 35 353/8 35% 36 35'/b 35 35 1,800 85% 84 Vb 85 84 85 84% 85% 84 843% 833/4 84% 7,600 185 184% 184% 186 63% 40% 18% 62% *184 185% 60 60 Va A" 9 63 39% ; 185% 59% >'60% *184 40% com .. 63 Va 63 Vb 62'% 62'% 61% 62 38% 40 38% 39 383/4 39% 9,500 18% 18% 2,400 , 18% I8V4 18% 18% 18% 18% 18% 81 Va *79Vb 81% *79 Mb 81% *79% 81% 80 30% 31 VB 303/4 : 30% 30J/a 30 Vb 30'% 30% x29% 16% 16% 16 VB 16 VB 16 16% 16 16 Vb 16 16'A ■ . 78% 26% ♦ 170 78% 78% 77% 78 773/4 *25% 253/4 25% 253/4 *251% 25i% 26% 26% 26% 263/4 26 Vb *168% 26% 170 *168 Va 170 170 *169 170 9 Mahoning 7 Manati Sugar Bros Coal • Dec 9% Jan 11 Mandel Dec 16 Apr 17 19 Va Feb 23 Apr Feb 14 25 Dec 25 ,Jan 8% May 6 31% Mar 11 Marathon x9% Mar 15 Marine Midland 19 Va May Market St 8% Jan 3 Oct 18 Va Apr 19 Dec 23% Jan 25 Dec 102 % Jan 3 19'/a Apr 95% Jan ' 24% 104 3 27% Feb 106 4 10 Mar 23 7V8 Jun 12 Apr 9% Jan 13 10 Va 17% Apr Feb 13% Jan 10 Va Apr 20 39% Jun 13% May 59 11V4 Jun " : 8 4%% Corp 56 Jan 13 Masonite 13% Apr 47% Jan 69% May 22 16% May 9 Dec 13 58 Apr 12 Mathieson Aug 182 Apr 13 3 36 Va 353/4 36 vb 35 5% 36 36 36 6,900 383/4 39 383/4 39V4 38% 39 38% 38% 4,100 26% 263/4 26 Va 3,700 99 *98% 19% 19% May SO 26% 99 99 19% HIGH 26% 26 3/o 263% 98% 98 Va 99 99 110 20 193/4 19% 19% 20 3,300 SALE PRICES May 33 7% Jun 49 Dec 46 Apr 21 50 Feb 9 Jan 98% Dec 98 Apr 6 100 Jan 12 $3.75 May $ per share 98 Dec 97% Jan 4 100 Jan 30 $3.75 cum 88 Dec 87 Jan 10 90 Feb 18 $3.40 Jun 12% Dec 11% Jan 3 $ per May 25 $ per $ per shar# share 42 % Jan 13 May 45 19% Mar Dec 25 Jan 52 Mar 28 $3 30 Va Mar 90 36% Jan 21% Feb 16 24% Mar 17 McCall 20 23% May 11 McCord Mar 22 44% May 11 29 Va Dec Jun 45% 33% Mar 24 Dec ,100 100% Mar 11 Dec 36% Mar 105 3 3 May L) 27 52% Mar 16 36 Mar 1 McGraw-Hill 58 Jan 3 Jan 41% Dec 92 % 42% Feb 10 May 102% Dec 19% 103% Apr 22 Feb 25 Dec 22 % Jun 17% Mar 9 16 9 183/4 *520 8% 8% *30% Sales for the Week 16% 16% 40 40 *139 15% 143 15% 333/4 106.., *8VB 18 30% 33% 333/4 *103 V2 15 15% 2,200 300 15VB 343f, 34% 105 16% 40 143 *103va 13,700 8 30% 11 11% 17% 191/4 540 11% % 17 x183/4 83/b 19 19 540 8 V2 8% 8% 18 34% 5,400 105 100 ' hv2 *11% 11% 1,100 16% 16% 16% 163/4 3,500 18% 10,000 18% *525 85% *8'/b 1 18 8 Va' *113% 83/o 83/8 173/4 8%y 18 17% *525 18% 540 8% 11% 16 3/4 17 *525 8% , 113/8 173/4 *171% 183/4 540 18% *525 8 5% 8% *8'A 18 8% 8% 8% 8% 81/4 8 Vb 8 Vb 3034 30% 30% 30% 30% 30% 30% 540 8% 17 ' Vb 8 Vb 30% 8% 1,600 8% 200 18 1,000 8 VB 6,000 31 5,100 9 Vb 91/4 91/4 93/8 9% 9% 91/4 93% 9% 93/8 18% 183/4 18% 183/4 18 Vb 185% 18% *18% 18% 410 10,300 25 Va 25% 25% 105 106' 25% 253/4 105 / 25% 25% *105 106 *105 v ,15% 15% 15% 15% 15 Vb 12% 12% 12 Vb I2V4 68% 68% 123/4 68% * 683/4v 691/4 68 26 106 25% 105 23,000 26 Va 2634 105 *105% 106% 120 26% 15 : 15V4 14% 15 14% 14% 6,300 12% 12% 12% 12% 12% 12% 2,000 68 Va 15% 12% 68% 67 673/4 66% 663/4 2.300 16 % 16% 16% I6V4 xl5% 16 153/4 15% 15% 15% 14% 15 1,800 55% 56 55% 56V8 553/4 56 56 56% 5 5 5% 56 553/4 57% 8,300 182 *180 *49 99% 180 *180 49% 493/4 *180 17 Va 21% 21% 213/4 42% *41% 421/4 42 47% *38 Va No par *102% 98% 89% 30 16% 16% 2,500 50 50 49V4 493/4 1,400 50 21% 52 V4 89% 16% 50 Vb 22% *34 Va 98 89% 16 5% 48% 42 ——1 98% *88% 163/4 51 *22% No par 98% 89% 17 ,*21% 36 98% 89 »/a 163/4 —.—3 *103% 98V4 17Va 51 22% 22% 36 353/4 104% 104% 23 49Va *99 *49% 49% 100 49% 100 491/4 2,400 100 250 600 22% 36 Va - 22% 223% 223% 223/4 223/4 2,300 21% 22 225/8 *223% 22% 223/a 223/a 2,500 42 22% 36% 105 10 99 163/4 *50 Vb *50Vb 182 89% *89 17Vb ♦180 99 99 90 182 49% V 100 99 *180 49% *99 99 99 Va 90 182 98V4 493/4 49 Va 50 100 *89 *99 17% 182 99% ; 99% *89 common'— „1 preferred-—100 Co— 341/4 104 *39% *139 *183/4 _5 preferred 104 15 15% 16% 163% 40 143 9% i_—5 McKesson & Robbins Inc com_L-_18 McLellan-Stores 333/4 34% 105 *103% 163/4 *39% *139 18% *105 No par Co 15% 15% 16% 39% 143 - 9% 180 Publishing 16% 393/4 *139 Shares share 18% Mclntyie Porcupine Mines $4 • 8% ; No par McGraw Electric 14 26% Jan 17 19 VB 540 8% .•* Corp 30 Va Jan Apr 27 17% 8% u—1 convertible 43% Jan *13 *520 50 51% May 11 36% May 8 99% Jan 25 30 Vi 18% • 11% 8Vb common Apr f 34 '■* 17% 11% 18% — Stores 3%% 16% 40% 143 No par Corp McCrory 33% *103% Corp—No par —100 _ Nov Feb Jan —; Corp Preferred 34 106 11% *8% Co 60% 24 41 Va Co 15 15% 33% . preferred 20% Apr 40 1 $ per share ■ pfd 1947 series—No par pfd——No par common No par Co 143 *103% cumulative Maytag 15% * '—100 i~«— 1 No par -No par Stores common preferred : Feb : 16% *39% *139 *17% Dept Jan 17% May 11 com Chemical 80 16% 40% *139 5 Corp— 89 16% *39% , —i-i—-1 —— preferred 38 30 Friday May 26 Thursday Wednesday May 24 .Tuesday 1, 26'A 99 19 V4 ' 19% 26% *98% 26% '•*98% 19% Monday May 23 f/ $ per share pfd J—100 No par prior Co & Electric Master 89 7Va 40 36Vb 39 26% par Corp 6% Martin-Parry Corp Jan Feb 171 36% V Saturday -.—-6.25 Ry (Glenn Martin Dec 175 *169 38% —5 preferred 179 Feb 171 36 VB NO par —_ Marshall Field 19% 3 700 4,400 39% 26% 'V' ——1 Maracaib'o Oil Exploration 48 34% July 170 29 25% 263/8 36% U—1 Manhattan Shirt 7 Dec 2,000 78% 25% 26Vb 1 39% v • L4.5O Co RR Co 18% 8% 13,000 20,100 36% : TO 10% 18% 200 30% 16 Vb 78% 26% 700 80 16 78% 25% 26% , 78 Vb 25% 78 Vb 26 10,100 63 391/4 *79Vb *18% 1,500 9 39% *62 Va 9 31% 100 Flo Magnavox Co (The) Jan Jan Jan 8% 9Vb 81% ,, 70 58 58 59'% 9 8% 30 Vb r5 -Ndpar Copper Magma 9 Jun 185 59V8 9 ■\L 81% L series A Square Garden 550 6% 10,600 35% 40% i—100 Inc 4 16 V» Mar 6,700 8 Vb • 35 VB *62% Working Co— 5 Forbes commohi_10 Trucks 17 17% 3,300 72% 8 i 35% *18% & Feb 7% Mar 30 233/e 70 8 •v.i preferred 6% Jun 15 Vi 23V4 8 vb , __ 85 "*184 :: Par .6% Feb 1 900 3,200 ' 7% Jan 9% Aug * 17 Dec 42 4139 Jun 11% Feb 2b 14% Oct "X Jan 1,600 10% M 131 2,300 5 4%!. xlO% LOW AND $ per share * 43/4. , 11 Vb 19% . 5 11 *98% " U w-'V < - 11% —100 STOCK . 11 Vb 10 EXCHANGE 4% 11% STOCKS / Year 1949 '/ Lowest \ ■ Highest * 4% '■ 4% 11 Vb ■ com—i Co Range for Previous J per share —.50 & Sons Inc *• 11 "*168% (Ml ' 10% 78 Vb preferred series A_ 5 ' 11'A 26% Steel 16 5,600 *25 Va 4%% 5,700 1% 16 62% .iX-10 Lukens 6 13/4 1% 16'/a 61% Nonpar Lowenstein 5 18 53/4 5VB 1% 16 7)500 2,600 61 Va No par Nashville 5% 1% 16 Vb 220 7% 48% 60'% Corp.,— & 47% 605/b (Md) A Co common— Louisville 28 99% Jan 20% Jan Cement (P) 7% 47i% 60 , 7% 36% May 23 41% Apr 27% Jan Star Lorillard 4% 73/4 6% 13/4-, 15% 16% 2,200 98 *96'% 73/4 47% 48 5% 1% 16 1,400 23% 60 preferred —100 Louisville Gas & Elec Co (Ky) No par 20 4% 6Vb 1% 1 48% 233/4 98 *96% 7% 7V4 47% 47% 24% , —No par - 25% May . ' '5 35 VB 3% % convertible preferred-LlOO Lockheed Aircraft Corp 1 18% Jan 97 7% 47% 22% , 73 96 48 31% 593/4 ; 23% Jan 24 6 1% 15% 8 No par Dec 15 V4 6% 1% 15% 9 Vb Jan Jan 6 1% 61% 18% Aug Dec 6% 16 185 Va 78 47 245/B 7% 473/4 9 25 Va x60 7% 48 3/8 *60 Feb 17 7% *184 Jan 47 97 47% 9% 14 Va 4,6 Va 24% 2,400 31'/4 ~ 72% No par com 30% 25 *96 46 59 Vb , No par w Co— 30% 47V2 24% 97 62% 16 Va 15% Mar 31 *96 5 Liquid Carbonic Corp 2,600 10 Va ♦443/4 46 32% 32% *46% 47 par Corp......—f No Corp 4,000 103/4 *45 91% 31% 253/g 46 *45 103/4 10'% 10% 10% 10% 46 59% ; .——100 - Cup Lima-Hamilton 41/8 21% 59% 5 - ♦33/4 21% 11% 4—7 . 16,600 43% 21a/4 *59% j 5 a 7% 7 Vb 7 *3% 21'% 4% 22 ' Liggett & Myers Tobacco com—*25 Mar 31 10% 25% 7% *4% . No par No par , *33/4 21% 7 vb 7 7% IVb 4% 22 *45 47 48 16 -i—-1 Libbey Owens Ford Glass Libby McNeill & Libby Life Savers Corp 10 89% Jan 187 7 Vb *47% 4 ~ 97% 6% Lerner Stores Corp__, 2 31% *1% , Oct Sep ' x6% 8% Mar 10 No par Lehman Corp (The) Lehn & Fink Products 10 x31 Vb 48 " *96 25 Cement 11 47 25% —__i 1st preferred—No par 5Gc non-cum 2nd pfd No par 30 61 % Mar Dec Portland 11 *45 31% 25 7% • *3aA 22 ■ 11 *<P7% b 3 7Vb 4% 22 47., 31% TOO 7%. *3% 21% 11. ——1—5 common cumulative preferred Coal & Navigation Co 7ye. .4% 21 Vb *45 $3 non-cum 62% May 26 11% Jan 4 91% 4186 Feb 33 Jan ; 50 1 Tire Lehigh Valley RR__, Lehigh Valley Coal com 30 6% Jan Apr 20 Lehigh Lehigh 10 Jan 24 Va Jan 8% Mar » 21 20 & par ■. (James) & Sons Co 3.85% 7 9% Apr 5 21% Mar 10 Dec '26% Sep ' 72% Apr 170 54 10 Apr 4 Va Jan Dec Jan 6% 8% ■56% ' 1% Apr 15 Jan Lees 5 * 15 Np 7% *3% 21% . No par common Rubber -7% 75 Pesos Mex preferred Lane-Wells Co. 26 6% Apr 2'A Jan pfd (The) 4 Va % Lee ' *j__4 Consolid 6% Co M ' Co 42 42% 423% 423% 42 42 36 3 6 v2 103 103 103 36% 103 36 36 103 103 36 *103% 500 36% 3,300 104% 250 47% 473/4 47% 473/4 35% 34% 34% *34% 351/4 *34% 35% 34% 34% 333/4 34 52 52 52 51 Va 51% 51% 51% 51% 513% 52'A 52'/4 1,800 38% 38 3/4 38% 38% 39% 393/4 393/4 39V4 393% 393/4 40% 3,900 *102% 104% 103 >1021/4 ———1 23% —10 14% 103 . 47 3/8 47% 103 103 47% *103 47% 104 *47Vb 103 471/4 1,500 500 103 200 233/4 23% *14% 47% 24% 233/4 233/4 233/4 24 24 24'% 233/4 233/4 2,300 14% 143/3 *14% 14% 14% 143/4 14 5% 14 5% *14% 14% 900 July 17% Jan 12% Apr 14% Jan Mead No par 22 VB 22V4 23 22% Vb May 5,700 93% Nov 82 Jan 5 23 Va May 20 91 Jan 24 23 70 Va 90 89 89 *88% 90 *883/4 90 *883/4 90 Jun (1st series)—4IOO *88% 28% 34% Oct 32% Jan 6 o441/2 46 45% *44 453/4 45% 45 3/4 45% 45% *44 451% 600 Jan 27 Dec 24% Apr 29 (1st series)—50 Melville Shoe Corp—; ~l—1 Men gel Co (The) common ——1 *44 20 Va 45% May 17 253/4 25% 25% 253% 25% 25% 2,900 13'% 12% 7% 5 3 Jan 27% Jan 9 Jun 13% Jan 11 Jan 3 34 Va Jun 49 Jan 42 Jan 13 48 12% Jun 15% July 8% Jan 14 Va Jan 16 16% Apr 17 6% Apr 29 7% Jan 3 43% 39% Jan 13 7% Mar 27 ; 90 Apr Jan . 105 Va 18 May July 30% 99 Dec 96 53 % May 10 Mar 21 99 May 10 ,130% Dec Jan 17 169 May 10 Jan x20% Jan 25 40 Dec 37% Feb 18 21 • - 120 Corp 4 Va % 4% common preferred 2nd preferred 5% convertible Mercantile Merch Stores Min & Merck & Co Inc 29% May 5 43 Vb Mar 17 Machine Mesta Jan -104% Dec 101% Feb Oct 110% Feb 107% Mar 31 14% Jan 13 3 15% May 19 Miami 37% Jun 48 Oct 38% Feb 23 48% May 22 Mid-Continent 18% Dec 34 Dec Jun July Jun 10% Aug 7 Va Jun .139 Va Mar L : 17% Jan 3 28% Jan 13 131 Jan 5 common $3.50 preferred Jun 18 Va 124 Va Co Jnc £,.3% —50c 106 Vb May 15 110 Apr 20% Mar 12 7 37% May 25 139% Mar 7 — •{ Co_ 16% / <7 , 51% Middle South Midland 8% Steel *97% *151 128% May 20 108 VB Jan 5 5 For footnotes see page 24. Apr 21 153/4 153/4 7Va *7 7% 7 7 *6% 7 *6% 51% 513/4 52 51 51% 513/4 May 23 15% Jan 9 81 6 Jan 22% Jan 10 34% Mar 20 New Utilities Prod conv $1.50 2nd 99% 155 *98 100 *98 100 153% 153% 153% 153 Va *28% 293/o *28% 29 39 3/4 40 29% 29'A 40 40 40 39 Vb 40 51% 800 7 200 51% 52 7,200 *98 100 *99 *152 157 *152 157 *28 29 *28 29 500 40 40 40 2,400 39 Vb 100% 350 106 *108 109% 50 15% 15% 15Vb 151/4 5,100 47% 48 47V8 48% 46 V2 47vb 46% 47% 46 VB 463% 463/4 471/8 9,000 18 3,4 21,700 37% 3,200 —10 : 18% —5 ; 35% 35% 100 134% 134% 12 9% Regulator— ——1.50 pfd series A common 100 No par No par 41 *110 126% *107% Minneapolis-Moline Co common-—1 1st 155 Inc-—No par SS Marie—. Minn Min & Mfg $4 preferred $5.50 *97% 29% 51% *6% 151% common common 3.20% 99%' 155 51% 7 109 Va Dec 15 18% Apr 16'/a 106 Va 108 96% Feb 31 *155% 15% Dec Nov 16 *108 101 22 % 15% *105% Petroleum Minneapolis-Honeywell 3 16 15% 15 111 13 Xl6 1083/4 42% Apr 5 10 11% Apr 161/4 106% 99 69% Apr *16 153/e Nov Feb 400 16% "108% 101 Jan 46'% *105 Va Mar 14% 8,000 453/4 153/4 '66% Jun 80 14% 46 40 No par Jun 13Vb *45 110 Minn Jun 131/4 46 106 21 16 % 13% 46 15% 11% Feb 67 Va 13% 46 1083/4 27 1 13% 46 106 9% Apr Mar 13Vb 46 13VB 15% Jan 106 13% *45 3A 109% 12 Jan 10 46. 29% No par 34% Apr 25% 22 106 Minneap & St Louis Ry & 223/4 15% 17 P 22 Vb *108% 1st preferred St *88 3/4 *105% 14% Jan Jan 25% 2 2 5% 90 100 3 10% Jun 253/i 23 pfd_100 Copper 11% Jan 104 13% 25Va 23 5 Metropolitan Edison 3.90% 4.35% preferred series Jan 97 13% ; —5 12% , 26 *45% NO par $4 conv 2nd preferred-—Ncrpar Merritt-Chapman & Scott—No par 8% 14 V4 26 , preferred-—50 Transp.Co—-No par 105% Jan 1st 23 Vb ' $ 23% Jun 97% Dec 14% May 26 May 3 McQuay Norris Mfg Co_ ; preferred —100 12 Vb *9% 9% 41 41 41 183/e 11% 9% 11% 11% 9% 9% x40 109% 110 127 40% * 1.9 32% 108 134 39% 185/b 37% 134% 12 18 37% 12 9% 40% 18 Vb 37 134'% 1341% 12 9% 39% *108 106 *108 18 37 *134Vb 12 9% 39% 93% 39% 106 - *107'% 90 12 »/B 2,900 9% 1,600 39% 3,400 1083/4 109 127% 1251% 127 125% 126 125% 125% *107% 108 107% 107% 107% 107 Va 108 109 *108 109 13 12 Vb 13% 12% 13 Vb 12% 12% 12% 12 Vb 70% *18 3/4 70 Va 71 71 70 3/4 703/4 703/4 71 70 3/4 7OV4 191/4 *183/4 19% *183/4 19 'A 18 3/4 18% 32 3/o 32 5/s 323% 32% 32% 32% 32'A 32% 12% 260 134% 111 110 128 Va *107% 181/4 363/4 35% 134% 128 108 183/4 35Ve 134 3/8 128% 13 32% 18 Vb 351/2 134 111' 71 *18% - 9% 70% 25 preferred 18% 35% 134 11% 12 13 , Minnesota Power & Light Co_No par conv 18% 106 109% . *18 321/4 430 1,900 30 v 8,800 400 183/4 300 32 Vb 3,400 ?. 19 20 NEW Range Since Jan. 1 Highest Year 1949 Lowest Highest $ per share $ per share Jun 7% Jun 3% Jun 15% 54% Jun $ per fper share 9% Jan 4% Jan 3 25% Mar 21% Jan 3 4% Feb 10 6 Oct 3% Aug 25 9 5% Aug Jun 35 61% Development Co Mission -10 —5 12 12% No par 6 6% Mo-Kan-Texas RR 30% Apr 4 10% Mar 20 7% com preferred series A conv 11% Jan 13 Nov 24% Jan 13 29% May 23 Monarch 45% Jan Dec 54% Jan 13 68% May 1 Monsanto Dec 112% Jan 4 120% May 13% Feb 5 $4 conv pfd series B Montana-Dakota Utilities 103% 57% Jun 10 113 Jan 14% 12 y8 May 18 Deo 21% Mar 31 47% 59% Mar 53% Apr 13 Jun 23% May 11 Co Inc Machine Tool Chemical Co 15% Feo 20% Jan 18 Morrell 14 Jun 26% Dec 17% May 26 23% Jan 3 52 16% Jun 27% Dec 26% Jan 3 37% May 24 Motor 15 % Jun 23 % Deo 21% Jan 3 25% May 25 11% Jun 17 y4 Jan 13% Mar 25 Motor Wheel Corp Mueller Brass Co x9% Jun 9 Oct 10 12% Jan 13 Jan 9% Feb 2 50% Feb Jan 11 Dec 38% 108% 14% Dec Jun 110% Jan 13% 13% 29% 29% Murphy Co 7 Mar 17 15% Dec 15 Jan 13 20% May 4%% 8 30% Mar 39 Oct 36% Jan 13 July 51 Jan 43 Jan 13 46 Apr 17% Dee 16% Mar 9 22 May 20 May 3 14 (F E) 13% 133/4 4,200 29 29 1,200 66% 65 66 120 120 12% 12% 12% 12% 12% 12% 12% 123,6 12% 2,100 23% 22% 23% 22 % 23 % 23 23% 23 23% 23 23% 10,700 58 58% 58 Vb 53% 58% 58% 58% 58% 58% 603A 60% 61% 37,900 13% 13% 13% 13% 13% 13% 13% 13% 13% 133/4 18% 18 18 18% 17% 18 43% 44 43% 44% 423/4 43% 42% 43% 7,000 36% 37% 37% 37% 36% 37% 36% 36% 6,300 24% 25 25 25 % 24% 24% 15% 15% 15% 15% 15% 16 % 9,000 19 18% 18% 18% 18% 20,400 10% 10% 10% 49% 10% 10% 1,200 49% 49% *111% 111% 40 20% 20% 46 463/4 20,200 1,400 *45 45% 100 31,800 13% 13% *18 18% *18 43% 44% 36% 37 36% 36% 24% 24% 2478 2iva 24% 24% ♦15% 15% 15 15% 15% 15% 1 17% 10% 48% 1 _ 18% 18% 10% *10% 10% 48% *48% v 18% 18% 48% 49% 111 111 111% •111 ' 18% 10% 100 1 10% 18% 5 • *10% y *18 *49 49 49 49% 111 111 120 120 120% 120 43% 120 *111% . 111% 111% 20% 20% 20% 20% 20% 20% 19% 20% 19% *46% 46% 46 46% 46 46 46 %' 46% *45 % 46 No par Bros • 111% 20% *44% 46 *45 45% 45 45 45% ♦45 45% 21% 22 42% 42% 27% 27% 8% 8% 10 com 673/4 65% 120% 12% 50 & 66 % 67 Va 64% 43 preferred Myers 13% 29% 23% . '■ 4% 133/a 29 ►119% 18% common 400 8,200 3,500 8% 12% 1 C) 36% 65% *18 preferred . 36% 29% 36% 8 28% .7% 120% 65% No par 5 Murray Corp of America 46% May 26 41 <G 8 6 *12% *118 No par 5 Mfg Corp Munsingwear Inc 29 *36% 66%. 66% 6". 6% 28% 29% *36% 37% No par Corp 6 8% 13 % Mull ins 113 3 8% 36% 29% 37% 38 3 Products 52% Mar 48% May 22 112% Mar 8% 37 % 8 13% 5 (John) & Co May 24 10% May 4 19 29% 29% Motorola Inc 7 17,700 5,000 28% 13 % Moore-McCormick Lines Jan 17% Jan 6% 29% 5 Co Montgomery Ward & Co 13% May 17 23 Apr 22 6 % 13 % No par 61% May 26 Dec Jun tf 18,900 123/8 29 No par Jan 18 573/4 12% 13 Montana Power Co (The) 10% /8 57% 12% 29 com 16% ••' 57% 12% 36% 13% Mojud Hosiery 3 56% 12% 29% 28% 8% 8 8% 8'/a *37% Mills Shares 58% 6% 6 29% the Week share 12% 1.25 Dec 26% Carpet 28% $ per share 12% 12% 12% $ per X57 64% 62% 6 6 Friday May 26 May 26 share $ per No par 12% Jan Mohawk pfd-100 20 {Missouri Pac RR 5% Jun 4 12% 29% 29% 100 63% 62 63% Thursday May 24 fper share $ per share share Corp Mission 21 y4 Apr May 23 Par 37% May 10 13% May 26 30 Jan May 22 Wednesday Tuesday May 20 share 12% May 22 6% May 2 3 Jan • Monday g per Monday, May 29,1950 PRICES LOW AND HIGH BALE Saturday STOCK EXCHANGE 64% May 23 46% Jan 25 Jan 10% NEW YORK Lowest ... RECORD STOCK YORK STOCKS Ranee for Previous 38% Financial Chronicle The Commercial and (2212) ♦45 . 10,200 120 700 3,400 400 2,000 700 N 10% Jun 22 Jun 32% Dec 32 17% Jun 24% Dec 23 5 Jan 9% Apr 9% Jun Dee 16% Jan 10% Jun 13% Dec 12 Jan 13 28 22% May 26 16 Va Apr 27 Jun 41 Aug 36 Feb 24 45 % Jan 40% Dec 35% Apr 20 170% Mar 185 % Sep 181% Feb 9 - 30 V* 4% Jun 30% 18 Jun 3 44 13 7% Jan 7% Mar 36% Jan Jan 3 ■ • 6% Mar 29 Nov 32% Feb Jan> 5% Jun 8% Jan 4 Jun Jan 7% Jan 3 Jun 12 Jan 10% Jan 3 27% Feb 39% Dec 27 44% May 15 9% 38 Jan 13% Feb 17% Jun 17% Aug 22% Dec 7% Jun 14% Feb *11% Jun 19% Dec 17% Jan 13 86% May 95% Dec 94% Jan 10 11 25% Apr 38% 14% Mar 30 21% May 9 Dec 169% Jan 135 Jan 152% Dec 5% Mar 7% 19% 35 Dec Jun x% Jun 19% Jan Sep 46 10 18% Jan 5 24% Jan Jan 10 3 4 9% May 26 18 Jan Jan 25 21% Feb 15% 28% Dec X80 Dee Jan 3b Va uec Jun 12% Apr 13% NOV Jun 13 ft Jan 4 25% Mar 24 & Power Oct Dec 102% Dec 94 Mar 42 Jun 9% 67% Deo Feb 14% Deo Mar 30 37% Apr 100 Jan 9 103 101% May 17 6 14% May 15 72% May 17 72% Jan 66% Mar 14 Jun 35 Apr 26% Mar 29 Jun 33% Jan 25% Mar 31 Jan : York 11% Jan 3 15 4 New Jun 102 V* Dec 98 3 111 May 2 N 142 Dec 132 Apr 26 145 Jan 10 Jan Apr 10 Jun 14% Jan 13% Jan 20% Jun 30 Dec 28% Mar 29 Feb 61 Dec 56 Jan 26 63% Jan 250 Mar 220 Feb 21 246% Apr 19 10% Feb 27 205 5% 18% Feb 9% Jan 21 7% Jan 9 Jun 33% Jan 30% Jan 4 15% Feb 19% Apr 1 17% Mar 21 9 N 34% Jan 4 Jun Y Chic 6% 18 Dec 48 8% 6,200 8% 8% 8% 8% 8% 8% 8% 8% 83/8 9,700 ll5/8 113/4 113/4 113/4 11% 11% 11% 11% 11% 11% 3,700 11,300 8% ■ ■ 8% "■ . e 36 Mar 20% Apr Y $5 N 3,600 22% 22% 22% 22% 24,400 9% 9% 9% 9% 9% 22% 99% 22% V No par 10 common i ex-dist 44% 443/8 44% 44% 45% 45% xl83% 1833/4 183 3/4 183% *1833/4 185 ♦153 154 154% *8% v 22% 223/4 435/8 8 5/8 *24% 28% 28% 60 9% 9% 9% 6,000 22% 21% 22 % 21% 22% 213/4 22% 5,000 243/4 24% 38% 38 38% 22 % 28% 28% % % 25 25 A ,*24% 25* .38% 38% 39 Va 1x38% 39% 28% *283/8 28% ,.*28% 26% Apr Jan 96% Nov 95 28% Apr 27 Jan 21% Jan 2S 26 100 9 Feb 24% Mar 18% 17% 18% 17 S/8 75% 753/4 753/4 75% 75% 75 753/4 38 37% 37% 373/a 373/a 12 12 11% 12 2,100 10 10 10% 2,108 >38 3/8 38% 38 38 % 38 ll3/4 113/4 11% 11% 12 9% 10 9% 10 10 10 • No par *10 $ per 10 5% 17 17 ♦103% 105 38 38% 102 V 102 102 13% 73% *72%. 105/e 10% 10% 17% 173/8 17% 17% x163/4 105% *104% 37% 102 % *102 13 123/4 *104 37% 38 102% •102 12% 123/s *101 102% *101 68 68 .68% ;rx67% 13% 133/4 14% 14 73% *72% 73% 72% 27 % 27% 273/4 27% 27% 29 3/8 29% 28% 29% 28 28% 143/8 14% 14% 14% 14 Va 14% 106% 106% 106% 106% 106% 106% 106 % 107 139% 137% 137% 137 137 135 135 16% 16 16 32 32 32 14 62 62 *220 83/4 .8% 31% * 8% 8% 8% •153/4 32 8% 32 313/4 18 18 18 27 27% 27 97% >97 9 Niagara Mhk Pwr Corp com_No par preferred preferred preferred 15% 25% Jan 3 46 9% Jan 4 14% May 15 Industries Noma Electric Corp 36% Apr Nopco Jun 53% Mar Feb Noblitt-Sparks 12 18% Jan 16 10% Jan 13 75% July 85 Feb 78% Jan 5 31 Jan 39% Dec 34% Apr 26 ii May 5 11% Jun 19% Dec 17 Jan 3 8% Feb 11 % Dec 10% Jan 3 13 Mar 22 Dec 93% Feb 2 97 % May 10 109% Mar 106% Apr 27 Apr 107% Sep 7 95% Jun 12 May 83/B 8% 8% 313/4 313/4 *173/4 18% 27% 27 North American 1 North American 13% Jun 20% Oct 30% Dec 36% Dec 1% May 11% Mar 4% J^u 14% Oct 21% Feb 18 23% Jan 32% Mar 28 4 1% Apr 18 13% Mar 29 3% Jan Northwest 97 96 96 23% 23% 23% 235/B 233/8 23% 233/8 23% 28% 28% 28% 285/8 28% 28% 28% 281% 89% *88% 95% 95% 102 % 1023/4 90 *88% 96 *95% 102% 102 90 *88% 90 *88% 90 *89 3/8 96% 96% 96% 96% "97 ►1013/4 96% 102 1023/4 101% 101'/a 101 % 13 {Norwalk Tire & ' Norwich 101 % 90 ___ 500 97 110 46 45% 45% 45% 45% 45% 45 % 44% 45% 1,900 13% 14% 13% 14% 13% 14 13% 13% 323/4 133/a 7,500 32% 13% 32% 32% 46% 46% 46% 47 *263/4 273/4 *263/4 27% *263/4 20% 20% 20% 20% 15 % 15% 15 15 % 88% 88% ♦87% 35% 35% 353/4 A rA il 2P/4 22' ; 21% 21% 21% 22 21% * 22% 21% 21% 21% 11% 1I5/8 -.11% 11% 11% 11% 11% 11% 11% 11% . 1 100 965/8 965/8 96 5/8 *107% 107% 107% No par t No par common—10 25 «. '» 50 Co 10 . Rubber—-No par Pharmacal 34,500 7,000 45% No par Inc 190 97 14% 50 10 4.6% preferred Northwestern Telegraph 16% Jan 17 963/4 1 . Airlines 11,400 23% , 10 Co $3.60 preferred $4.80 preferred 5 1,100 27% 45% Aviation Pacific Ry Common 2,200 18% 28 Va Rights Northern 4,600 28% 25 Northern Natural Gas Co Jan 27 8V4 32% 14 % 25 Northern Central Ry Co 13 27% 240 23% ♦102 4 39% Feb 109% Mar 24 8% 32 *173/4 A 24 9% Mhy 25 16% May 25 250 18 3/8 32% 32% 32% 32% 32 32% 323/4 35 46% 47 463/4 47% 46% 46% 453/4 46% 27% 27 % 27% *26% 27'/4 *263/4 271/4 100 20% 20% 203/4 21 20% 21 % 20% 21 Va 31,600 15% 15% 15 % 15% 15 15% 15 15 Va 16,800 88% 87% 87 % *86% 88 863/4 863/4 863/4 863/4 36% 35% 36 353/4 35 % 35% 35 35% 11,800 213/4 35,800 20,200 11% 18,400 35% .10% 10 97 115/8 96% 10% 96% 96% 96s/8 96% 96% 96% 96% 420 107 % 107% 107% 107% 107% 108% *1073/4 108% 680 9% 10 93/4 10 16% 16% 16% 16% 16% 16% 165/8 283/4 29 29 29 % 29 % 29% 9% 17 283/4 29% 1%. 150 —' 107% 1% 1% 1% 14% 14% 14 % 14% 34%- !- 2.50 3,000 13,500 ' Northern States Pwr Co (Minn)— Oct 40 62% 1,600 45% Chemical. Co 88% May 18 23 32 % 1 Ry com Adjustment preferred A May 17 22% Apr 10 21% Feb 16 Va *31% 2.50 Norfolk & Western 6 27 900 32% *31 23% *95% 100 Jan 32 1,000 15% 31% ♦96 42,500 28% *88% 100 Dec 97 3,900 14% 28% 100 . •96 4,700 283/4 23% No par 14 20% July 11% Jan 84 A 27% Jan 8% Class 27 % 97 27% 15% 27 27%' 27 ' 30 75 155/s 18% 32 173/a >*97 15% 83«, 32 18% 15 15% 313/4 32 % ' 1,300 9,600 14% 135 240 100 68% 134 *61 Co.lOO 20 102 135 135 *220 RR 100 11,400 106 135/8 63 3.90% 28 283/4 240 A 1,200 123/4 106 63 3.60% 13 i *220 series 38 102 14 63 5% 1,400 106 240 Shipbldg Corp partic stock 1,500 16% 106 13% •61 Co 15% *31 10% *104% 14% •220 3.40% J a.. 27 % 63 6 Jan *73% 273/4 30% 240 Apr yb"/i 75 27% 30 *61 97 45% May 26 *73% 72% 27 30% *137 Shares share ' *220 103 % Mar 20 28 14 63 19 Jan *673/8 14% 240 12 Dec 68 13% ♦220 RR Jan Jan *67% 14 V4 .*61 preferred Harlem Mar 29 28% 63% 50 & 29 30 *100% No par non-cum 91 59% 102 32 xu Jun *100% 123/a 16 % 24 Sep 102% 21 Va v 100 375/0 102 123/4 *31 Apr Mar 26 38 102% 125/s *15% 98 V* Jan 47% 38 102 123/4 No par common 93% Jan 21% 38 102% 27 Elec ds Gas Corp— Common new No par $3.75 preferred 100 May 19 *104 103/8 No par Dock 86% Jan 16% May 6% Jun 105% .29 % 100 Sales for 10% 105% 900 the Week 17 % •104 890 Friday $ per share 10% 105 32,500 May 26 May 25 10% 102 *67% 13% *72% : 12% 68 13% i Thursday 'V 17% 38 101% 13 *100% i" 68 No par com $ per share 10% 12% No par . $ per share v 17% 18 PRICES Wednesday May 24 $ per share V. ma 17% I 9% May 23 10% *101% 10% Tuesday 17 % 38% . • 12 May 22 10% *103% - Monday /' ■'.* $ per share 100 Brake 'Saturday "May 20 / 600 18 12 _l 600 ... 75% 11% y 29 753/4 38 : *28 3/, 18% 1 V 29 4,700 12,700 18 *18 $1 25% ' 74%,, 38 % 1 5 t 74% 18% 74 N Y State 86 i M 18% 10 % % 38% *24% > LOW AND HIGH SALE Co i 154 York Y Y 153% 9% City Omnibus Corp Preferred N 153% 9% 24% *283/8 130 153% 8% 22 3/4 JL. 450 153% 24% • 38 ♦153 ,. 11,100 83/4 38 25 38 154 8% 8% 22% A , % .t *153 8% . 1 30,700 . 46 184 % *153% r 1,900 22% 101 43% ;• > com 101 184% 100 common 22% 22% 101 44% No par Co St Louis 22 % 100% 184% J 44% V 10 Inc 223/8 100 99% 9% *184 10 com 21% 99% ■ 185 44% No par No par 21% 99% 213/4 99 22 34 *184 100 : 213/8 : - *98% 21% 99 l com N Y New Haven & Hart 4 12 8% 9% preferred series A New 8% 22% Central & 8 3/4 9% 4%% preferred 100 Newport News Ship & Dry Dock—1 Jun 83/4 8i/a 8% 113/4 22% Lt Air 5,100 9% _ York 2,200 36% 225/8 preferred New 7% 35% *9% preferred 100 England Elec System 1 New Jersey Pr & Lt Co 4% pfd—100 Newmont Mining Corp _10 Newrort Industries common 1 30% May 20 30% Feb 4 8% 7% , 22% 3%% ' 7% 36% 9% New 68% May 23 15 24% 13% Apr 13 *7% 35% 22% Newberry Co (J J) 13% Mar 23 73/4 7% No par Bros 190 ' 36% ; 36% 83A 8% 8 37 9% Corp 4%% 16 40 1 Apr 11% Feb 10 105% Feb 13 58 Neisner 104% Feb 1 Apr 10% Jan Nehl 17% Feb 10 102% Mar 10 23% 9% Jun ;<■ 8% 186 22% •J;'Par •/. 8 36% 10,200 *V35% 186 No par Prod EXCHANGE 12% Feb 28 13 Apr 56 7% 373/4 100 37% 37% 37% 185% 185% & Stamping—12.5© NEW YORK STOCK $ per share 185% 153/4 Co Highest $ per share 37 37% 37 37% 185% ' 7% 36 3/4 • STOCKS Lowest 65 117% 37 185% 44% Natomas DCC Nov 37 186 43% 11% Jan 104% 39% 36% *185% 45% V 15s/8 4 10 102% 45% 14% *44% 15 *447/a 15% 22% 9% Apr 14% Jan xll% *14% 44% National Tea Co Dec Jan 143/4 45% 15% Natl Vulcanized Fibre 13% Mar > "<• Jan 143/4 •44% 437/a 12% Feb 28 14% 8% 14% 45% 155/8 40% Mar 23 Range Since Jan. 1 93% : 22%- 14% 14% *44% 44% 5 Jan Jan 24,900 1,700 22 V* 22 223/8 22 15 Va 45% 15 s/8 13 Jun Mar 22% 21% 213/4 21% 530 43% 11% Jan 9% 29 5,600 15% 36% Jan 12% xl01% 8% 443/8 4 Highest $ per share 8% 15% 27 Year 1949 $ per share 8% 44 % National Steel Corp new— 28% May 12 National Sugar Ref Co 18% May 20 National Supply (The) Pa 82% Feb4%% preferred Range for Previous Lowest 8% 15% . National Shares Corp 3 83/4 44% 15% Apr v, 8% 8 8% Co. 39 Va May 25 Mar 22 83/4 153/8 preferred A Natl 8% 44% 71% Apr 86 9% 25 26 19% May Jan Deo 21 Va 9% % Feb 23% Jan Dec 2,100 83A 14% 373/8 8% preferred B 100 National Linen Service Corp 1 Natl Malleable & Steel Cast No par 22% May 20 " 263/4 15% National Lead Co 11 40"% 26% 44% May 26 Jan 40 26% 15% Distillers 7% 6% * 11% Stores National Gypsum Co $4.5o preferred 7% Jan xl50 41% 263/4 44% May 25 46 21% 40 27% V _ National 184% Apr 21 156 Apr 14 21% 41%. 27% 21% 5 Department Nat'l Enameling 22% May 23 101 7% *37% • Cylinder Gas National 13 21% 41 27% 21 3/8 36% i' National Dairy Products 7 11% Jan 35% Mar 31 26 National - 21% 41% 27 % 45% ■ 185 % " Cash National Container Co 5 20 180% Jan Deo 14 183 Feb Feb i Register National City Lines Inc 12% Jan 17 8% Aug 36% 21% .213/4 415% 27% 8 3/4 14% 185% 21% 42 27% 213/4 45% 22 413/4 < ' National 8% Jan 28 9% 21% 14% " 10 preferred. ———' National Can Corp . 21% *44% r 5 —4 7% 9 5 1 National Aviation Corp National Battery Co National Biscuit Co common 8% Apr 29 39% Mar 23 y 23 v V National Automotive Fibres Inc—1 39% Jan 17 186 1 - ; 10o National Airlines 2 May 5 Nashville Chatt & St Louis National Acme Co 27% May 22 9% May 5. 13 Nash-Kelvinator Corp 343/4 1% 14 16% ♦29 , 9% 16 Va 30 9% 6,700 16% 16% 4,200 293/4 293/4 9% , 220 1% 1% 13/4 1% 1% 11/2 1% 14% 14% 14% 141/4 141/4 14% 14 % 2,400 34% 35% 11.900 109% 109 % . 10,500 O 27% Jan 33 99 V* Jan 110 May Dtv 31% Jan 13 35% May 17 112% Mar 0 107% Mar 24 97% May 16 23% May 17% Jan 33% Jan 26% Feb 14 .193/4 Der 19 % Feb 14 20 Jun .31% Jan 21% Apr 26 91 Nov Jan 92 . $1 6% 99 Jan 27% Jan 100 10% Dec 10'A Jan 3 15 96% Dei 95 Jan 3 102 Jun Nov 11% .22% Jan 40% Dee • 108 Jun 64% July 49% Jan For •16% , 79 •64% Dee 20% Jan 20 37% Feb 17 105% Mar 24 Feb 41 Jan 108% Feb 11 7 1 Dee 14 % Mar 22 18% Apr 4 Jan 74 82 Jan 14 TV' footnrt. x61 • May Apr 1 26 73% May 19. —100 Oil 4%% Co- No par convertible pfd 20 —1 preferred 100 (The) common Omnibus Corp • 99% • 35%-'- 36 Va 19% 19% : 24 24 *92% 93% convertible preferred Oppenheim Collins A Otis Nopar Elevator common preferred Outboard Outlet Co 10 2.50 Nopar Glass Co 12V« 100 62.50 Marine * Mfg Owens-Illinois , —5 8% $4 '•983/4J 12.50 101* ;'«■ 22 % 39%' 107 22 Va 39% 34% 109% •109% 109% 109% 109% *983/4 99% *96% 99% *983/4 99 % 35% 98% 99 36% 35% 36% 353/4 36% 36 36% ; *19 3/4 ' • 24 93 24 93 12% 100 ' 22% " 39% :*106% 19% 19% 93% 12% 12% 100 22% ' 39%* 22% 100 22% 35 343/4 35 160 430 193/4 19% ♦193/4 20 24,600 3,700 24 23% 92% 100 19% 23 % / : * 24% 23% 24% 23% 24 5,700 92% 93 92% 92% 923/a 92% 500 12 % 12% 12 % 12% 12% 12 Va 3,000 993/4 99% 99% 19%' ' : *22 22% *22 100 22% 101 *22 101 22% 290 300 39% 16% 15% 15% *73 74 74 74 *72% 73 71% 73 , 40 39% 40 39% 39% 393/4 *106% ' 107 *153/4 ' 343/4 v 36 12% < * ' 107 34% *109Va 99% 35Va " 19% 12% 101 34% 109% 99% ' A 34% 109% • ♦ 109 W109% 100 preferred Oklahoma Gas & Elec 4% Oliver Corp common to 21 Apr 21 • May 12 23% Apr • Ohio 8 preferred 3.90% 36% May 24 20 Jan 9 79% July 18% Aug 28 ■■•4.40% 99% May 22 Feb 105 Ohio Edison Co common 107 *106% 107 *106% 107 % ►106'/a 107% 40 15% *15% 15% 400 *15% .. . - 16% 75 75 71% 72% 15% *73 71% 15% 77 71% *15 *73 71% 76 71% *73 71% 40 75 713% 13,700 30 10,600 •. Number 4911 Volume 171 .. The Commercial . and Financial Chronicle NEW YORK STOCK RECORD Banre for Previous Year 1949 Lowest S per Range Since Jan. 1 Highest Highest share STOCK8 NEW YORK Lowest S per share S per share LOW STOCK Saturday May 20 EXCHANGE S per share Par 14 11% Mar Jan 11% Apr 1 13% Jan 7% Jan 3 12 10% Jan Sep 71 Apr 51 % 29 Aug 40 Jan 29 18 Feb 21% Not 20% Jan 30% Jan 34 31% Mar 21 52 Feb 7% Nov 51 Jun 50 Sep Jan 54 27% Jun 34% July 89 Feb 104% Dec 101 135 Jan 148 144 2% Jun 3% Jun Oct 44 4% 10% Apr 8 Jan Jun 22 Oct 36 Dec 38% Dec 95% Jun 104% Dec 5% Jun 8% Jun 20% Dee 101 104 Jan Dec 13 17% Feb 47% Oct 38 % 1% Jun 2% Feb 24% Jan 97% Mar Dec 28 % 9 Not 14% Jan 8 JaD Jan 6 Feb 25 21 y4 Apr 46% Jan 11 2% May 16 42V4 May 2o 37% Dec 34% Jan Jan 57 Dec 53 % Apr 25 TV* Jun 7% Apr Feb 26% Dec 23 Ya Apr 35 Dec 31 Jun 111 Mar 107 10% Feb Mar Jun 22% Dec 21% Jan Jan 16% Jan 41% Feb 20 32 Jun Mar 29 45% Nov 113% Jan 96% 37% Not Dec Feb 137 7% May 13 Dec 12 110 Not 21 Mar 35 Dec 102 Jan 108 Dec 9% Jun 17 13% Jan 37% Nov 11 50 139 12 32 May 26 104y4 May 5 11% Jan 13 107 Jan Dec Jan Jan 6 Jun Jun $ per 11% Apr 18 3 54% Apr 21 Feb 84% Jan 4 96 % 88% 93% Jan 105 Dec 10% Feb 14 Dec Dec 50% Jan 14% Feb 18 May 3 103 13 57% Mar 17 % May 23 14 May 20 Feb 9 106 1/256 May 22 87% Aug 51% Jun 7% 26 11 Jan 14% Mar 27 9% Mar 31 30% Apr 34% Mar 23 20 Feb 14 105% Mar 97 Feb 17 102 13 % Jan 3 Jun 88 Dec 86 Jun 32 J an 10% 24 % Apr Jun 16% Jan 15% Jan 147% 147% 147% 147% 280 3% 3% 3V4 3 Va 3% 3,800 48% 46% 46% 3% 10 9% *21 44% 44 92 13 3 May 25 29% Jan 24 2 21 12 17% May 20 47 4 % 48% 3% 10 47 4 9% 43 ; 3% 9% 21% 20% 45 45 9% *21 21% 46% X45% 104% 104% 104% 104 % •104% 8 7% 7% 7% 7% 7% 16% 16% 100 *99% 19% 19% 39 *38% 2% 2% 17% 16% 100 *993/4 19% 19% 39 *383% 2% 17% 16% 100 •99% 193/4 19% 39 *38% 46 4 3% 3% 28,100 9% 9% 36.800 20 19% 20'A 1,000 44 % 45 44% 44% 10,300 9% 46% 105 3% 9% 104% 17% •104% 7% 7% 104% 7% 7% 16% 100 100 19% 19% 39 •38% 2% 2% 2% 2% 42 42% 413/4 42% 41% 41% 41% 42 29% 29% *293% 293/4 29% 29% 29% 29% 8% *7% 10% 9% 8 10% 5 7 25 7 7 8 73/4 10% 10 7 7 7% *7% 10% 10% 7 7% 17% 17% 17% 17% 36% 36% 37 37 58% 593/4 58% 59% 59% 39 2% 2% 41% 3,500 , 42 29% . 10 18,200 30 11,900 900 7% 7% 7% *7% 73/4 900 10% 10 % 10% *10% 10% 4,700 7% 7% 73% 7% 9,000 17% 17% 36% 59% par 2% 7,600 193/8 17% 17% 18% 18% 18% 6,800 x37% 17% 36% \ 8 17% *38% 29% 13,600 100 19 39 60 7% *993/4 19% 42% 2% 105 17 17% 100 29% 5 3% 8,200 •19% 9% 21 42 No par 47 37% 373/4 38 37 37% 1,800 59 % 59% 593/8 59% 59 59% *8% 9% 9% *8% 9% 9% *8% 9% 25% 25% 25% 25% 253/4 25% 25% X25% 25% 25% 253/a 32% *31% 32% *31% 321/2 *31% 32% 31% 31% 32 '8,500 32 5% preferred 100 Penn Power Ac Light Co Pennsylvania RR Pennsylvania Salt Mtg Co 3%% conv series A pfd 4%% Co *31% ♦108% No par 26 50 10 46% 116% 5 ♦34 139 100 common *12% 100 Corp of America * 5 Co 43% (Chas) Ac Co 16% preferred 106 Co common $1 conv preference YORK 34% 135% 136 133% 1333/a *12% 13 *12% 108 % 103/4 10% 343/4 33% 106 •104% 10% 10% *33 33% 106 13 133 10% 106 2,2 JO 13 10% 333/4 •104% 400 133 *123/8 103/4 32 29,200 32% 1,000 105% 105 % 60 14% 14% 14% 14% 43% 433/4 14% 43% 2,900 43% 43% 43 43% 43% 43% 43% 43% 3,300 213/4 22 •21% 22 22 22 21% X73 % 74 73% 74% 74 743/, 74% 74% 5,900 50% 50 51 49% 50% 50% 50% 11,800 51 50% 59% 26 59% 109% 27% 27% 27% 27% 27% 27% 27% 27% 273/4 26 253% 253% 25% 25% 25% 26 114% 115% •115 1153/4 *104% 105% ♦104% 106 *253/4 59% 109 115 116 105 105 105 109% *108% 1093/4 60 109 1153/4 105 109% 109 109% 59 59 109 58% 109 *115 105 22 1,200 ' 109% 59% 110 115 *104% 13 1,470 14% 109 109 > 59% 109 *108 59% 59% 109 1,360 109 27% 270 27% 26% *26 11,2C0 700 115 106 300 109 109 115 *105 109 140 160 Vt LOW AND HIGH STOCK Saturday May 20 Monday 13% 12%" 13% 45% 463/4 100 *94% 95% *94% 953/4 5 52% 52% 51% % U A common Rights Thursday Friday Sales for May 23 46% Philip Morris & Co Ltd Wednesday May 24 May 25 $ per share $ per share 12% preferred series A SALE PRICES Tuesday May £2 $ per share 46% $ per. share $ vr shn"e $ per share 13% 13% 13 13% 9,400 17,900 the Week May 13 13% 13 13% 45% 453/4 44% 46 X43% 44 % 42% 43% 95% 95% 94% 95 945% 945/b 94% 94% 52% 50% 51% 51% 51% 51 \k % A % A Shares * 150 51% 51% 52% 44,600 A >8 iDa U 311,400 103% 103% 103% 103 103 1/128 1/64 1/256 1/64 1/256 1/256 1/256 1/256 1/256 1/256 1/256 1/256 *15% 132,200 16% *153/4 16% *15% 16% *15% 16% *15% 93 16% 93 *92% 94% 94% 94% •93% No par 94% 66% 67 66% 66% 66% 67 67% 5 673/4 *14% 14% 14% 14% 14% 14% ♦104% 104% ♦106 112 preferred luo Plllsbury Mills Inc $4 preferred - No pal 00m 100 No par convertible 100 preferred—No par Pitts Consolidation ♦103 Coal Co 1 1 Pittsburgh Forgings Co ♦103 104 25 common St Louis RR Pitts Coke Ac Chem Co com__No par $5 34% 14% -3 & 34% 14% -1 C 34% 5,400 143/4 Phils Ac Reading Coal 6c Iron Pitts C 35 46 14% Philco Corp common. 4% •34% 46 14% 22 Par 3%% 1143/8 10% 74% • 31,100 114% *33% 22 ♦25% 16% 16% 16% 46% ♦104% 72% 115 17,100 114% 34 x50 % No par com 600 27 46 106 51% 59% 7,300 110 114 136% 10% ' 26% 47 *12% 10% 16% - *108% 27% 117 135% 34 16% 110 46% 14 ♦104% 26% 115% 139 •12% 22% 27% 16% •108% 27% 47 34% 74% ♦109% 163/4 110 1,400 v.- 117 34% 22 No par No par preferred Phlla Electric 263/4 9 116% 35 51% 50 •108% 9 46% 74 25 110 137 13% 9 26% 16% 47 1 Inc 26 116% 5 Pfizer Phelps-Dodge Corp Philadelphia Co 6% $6 104 % *108% •34 139 14% No par New 46% 115% 10% 10% 33% .34 No par preferred 16% 17 47 116% 110 26% 26 35 100 33 %c *108% 26% 16% 100 com 110 9 33% *14% 103% 32% 104% *106 32% 28% 103% *32 ♦103 ♦13% 33 *•?? 15 *93% 947a 671/4 16 67% *13% 15 143/4 15% 91 91 28% 28% 28 3/4 400 16 300 *93% 947a 130 67% 673/4 12,500 *13% 15 14% 500 33 *32% 105 105 *104% 106 *1043/4 106 *1043/4 106 *106 104% 112 92% ♦90 ♦103 112 *106 112 •106 112 *106 109 143/4 15 14% 32% *32 32% 15% 143/4 15 *15 93 •91% 93 92 92 *92 28% 28% X28% 28% 28% 28% 28% 17% 171% 17% 17% 17 17% 17% *91 100 210 15% 3,100 95 , 20 283/s 5,900 17% 1,800 1 17% Pitts Ft Wayne Ac Chic Ry com—100 *151% 170 155 Jan 163 Mar 22 155 169 7% gtd preferred Pittsburgh Plate Glass Co Pittsburgh Screw Ac Bolt Pittsburgh Steel Co com 7# preferred class B 6% preferred class A *151% 155 May 16 168% ♦167% 168% *157% 155 •167% 168% 1683/4 168% 1683/4 *167 169 *167 169 40'/a 39% 40% 39% 39% 39 % 39% 383/4 39% 7% 73% 383/4 7% 39% 73/4 10,500 7% 73/4 7% 73/4 7:,/4 7% 6,800 14% 25,300 Dec 8% Jan 7 7% Jun 15% Jan 9% Jan 35% Jan 13 40% May 18 Mar 30 8% Jan 3 Apr 175 May 150 Feb Nov 88 Jan 71 Jan 3 65 Nov 71% 25% Jan 61 Dec 20 % May 14% Jun 135% Dec 147 Feb Xl9% 8% Jun 29 Apr Feb Jan 135% Jan 9 15% May 24 8 64% 150 Feb 8 85% May 24 4 66 3 27 % Jan 13 145 May 25 10 May 16 65% 65% *65% 67% 22 22 22% 22% Pond Creek Pocahontas Oct 12% Mar 28 14% May 17 38% Jan 16 8% Mar 15 Potomac 3S2 May 11 22* 79% Dec 7% Mar 23 33 56 Jun 67% Apr Feb 00% Mar Jan 47% Deo 14% Mar 13 80 Jan 46% Jan 4 13 10% May 22 May 20 12 17% Jan 6 85% Feb 17 56% May 9 27% May 23 28% May 25 26% Jan 31 30 118% Jan 24 123 86% Jan 20% Jan 25% jun 26 25% 24 29% *103% Nov Dec Dec 28 105% Deo Apr 14 Mar 10 Apr 28 89% Apr 3 26% Feb 8 May 5 30% Feb 3 107% Mar 104% Feb 2 July 107% Jan 3 109% Jan 10 3 34% Jan 30 Jna 20% Jau Jan 18% Jan 4 Public 35% May 19 65% 651% 65% 65% 231/4 23% 23% 23% *143 145% 213/4 23% ♦143 66 66 66 240 23% 22% 23 800 145% 23% •143 145% *141 1451/2 24% 23 23% 23 23% 8,900 10% *10% 103/4 10% 10% •10% 48% 103/4 10% 10% 600 47% 48'/4 47 48% 46% 47% 47 47% 8,200 43% 423/4 43 43 *42 43% 41% 42% *41 13% 133/4 13% 13% 13% 15 13% 133/a 15% 13% 15 1,800 15% 15 15% 15 15 % 29,500 13% 13% 133/4 43% 133/4 15 15 15 15% 10 A A A a3a 42 700 16 33 10% 9% 97/a 9% 9% 33 32% 33 32 % 32% •313/4 32i/2 64% 64% 633/4 64% 633/4 64% 633/4 64% 64% 65% 65% 65 72 1,400 5,200 153/b 15% 153/b 15% 5,000 833/4 84y2 x83 27% 28% 28 Inc com No par com 5 No par of Colorado—20 16% 9% 10% A 3*a 16% 15% 16% 157/a 157/a 15% 16 85 84 84 83% 84% 84 84 27% *84 28% 27% 27% 56% 56% 56% 29% 29 29% 283/4 4.64% preferred 100 *121% 122% 121% 121% 121% 3%% 100 *87 % 87% *87% No par 25% 25% 25'/B 253/a preference com—No par 28% 29 29 29% . 56% 29% Co 10 . Co of preferred El Ac Gas com ♦1063/4 88 29 121% 29 121% 29% % 263,700 ~9% 9 *31% 32 9% 32 % 83 99 7,400 29V4 121% 8,500 29% 29% 121% ♦120% *87 % 88% *87% 25 25% 24% 25% 22,300 28% 283/4 29 23% 291/4 8,700 25% 25% 25 25% 29 28% 88 88 100 •106% *1063/4 107% ♦106% 107% 37% 38 37% 38 107% 107% 37% 106% 373/8 107 '/a 36% 37% 35% 35% 347/8 35% 36% 363/b 343/4 363/B 35% 343% 36% 35% 34% 343/4 34% 35 108% 108 % *1083/8 109 preferred Purity Bakeries Corp. 100 .No par 23% May 22 Quaker State Oil Refining Corp—10 23% Apr Radio Corp of America com—No par ♦108 30% 22 107% 109 •108 30% 303/4 23 22% 1071/4 109 303/4 23% 109 30% 23 109 30% 23 *108 % 30% *22% 330 28% No par common 38,100 ♦120% 121% 88 283/4 ia 2,600 88 *87% r 9% •31 No par preferred conv 720 66 *22% 10% Indiana—No par 5% 83% 47% preferred Serv dlv 150 83 9% 8ervlce $1.40 *135 841/2 32% Industries cum Pub Serv 14% 143/4 150 84 10% No par New Publlo 143% •135 85% 1 (The) 27 30 $4.75 15% 150 84% 47% *42% Co Inc 3 26% Feb Deo Publlcker 14% •135 84% 10% 1 B Power Gamble Ac 22% 14 % 150 833/, 30 preferred series A—50 4.08% 33 % Jan Oct 30% Procter 22 % 143% ♦135 145% *143 22% , 47 "when Issued" conv Pure Oil Apr 33% 25% Jun Electric Pullman 37 Jun 109 class Co Rights 145% 22% *151% 5 Pressed Steel Car Co Inc 4%% ♦140 149 155 ' 5 9 Feb 24% 39 % Apr 1 Co Oil 10 30% Jan 6c Poor 8 28% Mar 22 (The) Inc 9 Jan Mar 22 Plough 16% Mar Oct 32 Plttston Co 14% Feb - 14% 1st ser conv prior pfd—100 5%% Pittsburgh As West Virginia 100 Pittsburgh Young As Ash pfd—100 48 Sep 10 *135 13% 823/4 Plymouth 12% Apr A May 16 Jun 100 7% 14 82% 48% May 22 14 13% Mar 7% 13% *151% •1363/e 38% Feb Apr 15% Nov Jun No par No par 17% 155 82 26% Feb 21 40 151% 149 20% Apr 21 10 % May 5 44% Apr 10 17% * 80% 50% Mar 100 17%. 100 12% Nov 36% Feb 15% 147 % 3% Mar 21 37% 107 146% 3% 155 Jun 38 4 1473/4 3% 47% 48 147% 3% 1 Jun 14% 2% 1,020 1473/4 Mar Jun 4% 111 148 6% 21 110% Nov 28% 8% Apr 16% Mar Mar 17 156% 12% ♦38% 2.50 Coke Corp. 111 104 7% Il 111 155 Jan 32 24 103 79 135 104 19% Phoenix Hosiery 4 24% 142 % 16% Ino 67% May 24 94% Jan 57% Jan Jun 44 111% 3% 21% ♦99% common 16% Apr May 20 Apr 100% 9% no par Preferred rights Phillips Jones Corp 5% preferred Phillips Petroleum 6 Mar 32% Aug 105% Apr 12 17% Feb 84 Jan Jan 1/64 May 20 3 93 Dec 94 Jan 11 Sep Jun 100% 14 Dec 95% 3% ♦21 1 $ per share share 32% Jan 55 % par EXCHANGE Jan Jan 46% 111 25% NEW Jan Nov ~i0 111% 1q Highest 40% 37% *147 3% 111 STOCKS $ per share 79% 147% 3% 30% 111 Penn-Dlxie Cement Co 7 Penn Glass Sand Corp com__No par Since Jan. 1 Lowest 19% 1 147% 1 No par Pfelffer Brewing May 11 110% Feb 24 Range Highest 11% 111 —100 Apr Year 1949 22% 2,100 2,400 111% 100 Penney (J C) Co Range for Previous $ per share 53% 30% 30% •110% ..100 18 Lowest 53% 30% preferred. 11 106 y4 18,300 53% preferred 103% Apr Sep 34'% 34% 53% 4.3% Dec 110% 34% 34% 53% 30% 3.8% 104% 34% 34 % 105 Jan 34 % 53% 100 Apr 34% 20 140 30% preferred 98 2,500 53% 4.4% Apr 221/4 303/4 116% Mar 23 105 114 22% II 30 % 6 Sep 22%" 53% 26% Mar 17 117 22% 34 % 27% May 26 Apr 22% 54 110% May 17 110% •22% 34% 7 26% May 22% 30% 5 24% Jan 24% 21% 890 563i 53% 3 24 Jan Jun 33 21% Jan 105 20% 23% 33 *21% Jan Dec Nov Jan 33 21% 5 56 •32 21% 51% May 20 60% Apr 10 Oct 33 12 11% 30% prior preferred 47% Apr 22 24% Apr 22 1 *32 lo No par Penlck 6c Ford Petroleum 75% May 33 *12% 53% Enterprises Co 143/4 May 20 44 y4 Mar 27 ♦54 123/4 30% Co Pet Milk 373/4 Feb 56 *31 % J 6 18 Mar 11% •53 % 32% . Ac •10% 55 32% Airways Inc—__1 4 14% Apr 3 53% P&tino Mines Ac Penn Coal •12% 11 *53% 53 % Consolidated Mines. conv 12% *10% 30% Park Ac Tilford Inc B% 1,100 12% 103% 100 Par&fflne Cos Inc common 4% convertible preferred Paramount Pictures Corp Coal 12% 12% 55 32% Petrol 6c Transp 5 Panhandle East Pipe L com__No par 4* preferred jqo Panhandle Prod & Refining 1 Peabody Shares Ear com Peoples Drug Stores Inc Peoples Gas Light Ac Coke Peoria 6c Eastern By Co Pepsi-Cola Co 6 May 19 3 57% 106 May 36% Feb 14 Jun 90% Mar 1 Feb 36 9 6 8% Jan Dec 58 May 123% May 17 8 40% Jun x48% Mar 7 18% Mar 213/4 May 17 51% Jan 25 36% 10 271/4 May 24 34% May 5 127% Apr 20 Apr *8 Dec Feb 6 Feb 109 13 104 24 9% Feb 6 17% Feb 34% Jan 6 13% Not Teleg World Utah share $ per 103/4 32% 11 ♦55 34% S per share 55 par 34% the Week 11 56% 2s Sales for May 26 56% 11 56% Pan-American Park 12% Friday May 25 $ per share share Thursday No __ Pacific Tin Consolidated Corp.. Pacific Western Oil Corp Packard Motor Car I_ no Amer 12% Wednesday May 24 inn Mills Pacific Telep 6c 6% preferred Pan *12 HIGH SALS PRICES No par Pacific Lighting Corp Pacific Parke Davis 6c Co Parker Rust Proof 28 3 Jan Electric Parmelee Transportation 61 26 Jun Ac 15 29 17% Oas 20 18% May 26 38% Mar 17 12 23% non-cum No Finance Corp of Calif Pacific 12 $ per 11 No par 2?<J Preferred Pacific 9% Jan 7% May 25 Jan 12 t per share r non-cum 30% Feb 2 11% May 11 Dee 16% 9 4 15 106 8 5% Apr 17 15 % Apr 8 27% Jan 9 104 Apr 24 42% 19% Mar 21 6 7% May 9% Jan Jan 28 8% May 18 28 34% Jan Dec 11 Feb 107 1% Mar 21 38% May 22 49% Mar 20 May 17 29 5% Aug 11 15% Feb 25 22% ft 21% May 19 1 104% 10 4% Jan 17 6% Feb Oct 7% 48 y4 6 Dee Jan 33/4 May 11 28 Jan Aug Jun 55% Mar 10 148% Jan 18% Apr 34% Jan 17% 23% Mar 11 33 Jan 37 x6 4 111% May 23 3% Mar 28 8% Jan 3 Apr 15% Feb 34% Jan Feb preferred _ 23 2% Jan Jan 12 25 12 1st AND Tuesday May 23 May 22 Sper share Paciflo Amer Fisheries Inc Pacific Coast Co common 17 34% Jan Jan 36 May 26 57% Jan 28% Apr 4% Jan Jun 29% Deo May 8 Apr 11 3 Monday 109 30% 30 30 23 23 23% 340 50 190 7,600 19,900 200 30 * 30% 1,900 22 % 23 1,400 R 9% Jun 14% Jun 12% Jan 3 74%' Jan 66% Jun *7 .ran 73% Jan 13 »% Apr 7% May 24 18 79% Apr 19 9% Feb 3 103% Jan 10 92% Jan 23% Jun 101% Dec Feb 3 j 29% Dec 27% Jan 3 21% Jun j 30% Feb x24% Jan 29 26 % 33% May 20 jun 34% Feb 30% Jan 13 34 23% Jan 20% Apr 26 22% Apr 10 43 Jan 36 26 39% Feb 9 17% Jun 34% Nov 28% Jim j 36 Por foetnetes .Tan see page 100 31 24. Jan Jan 13 33 May 22 May 23 34 U, Mar 22 20'/a 20% 20 20% 20 20% 19% 20% *767/a 77% 76% 76% 19% 19% No par 76% 767/a 19% 19% 76 76 7% 7% 75% Corp 1 Ralston Purina Co 3%R pfd 100 Raybestoe-Manhattan No par Rayonler Inc common 1 $2 preferred 25 .50 Reading Co oommon 4% non-cum 1st preferred 50 7% 7% 7% 75% 75% 7% 76% 2,200 7% 7% 7 7% 16,100 1023/4 ♦102 $3.60 1st preferred Radlo-Keith-Orpheum 4* Tuvn-«»'ini *>*»«* ureferred ... 5n 103 31% 33% ♦33 '• 103 32% 102 32% 33% 32% 33% *33% 7% 7% 101 % 101% X31% 32% 102 ♦101% 103 33 32% 33 33% 33 33% 33 33 34 33^/4 34 •102 *31% 32 32% 32% V4 1023/4 75,900 40 32 1,800 32% 6,100 33% 333/4 1.000 21% 21% 1,800 *313/4 32% 34 34 21% 21% 21% 21% 33% 21% 21% 33% 21% 213/4 ♦36% 36% *36% 36% 213/4 *36% 36% 213/4 36% 36% *36 % *33 33% 36% 36% 100 *32% 33% *32% 33% *323/4 33% 100 ♦32% 33% 33% 33% *32% Commercial and Financial Chronicle The 22 Monday, May 29,1950 ... (2214) YORK NEW $ per share 10 % Jan 15 %. Nov 11% Jan Highest $ per share $ per Highest Lowest 13% Apr 23% Jan 16% Oct $ per share 10% Mar 11 EXCHANGE Real Silk 26 18 Jan 3 Reed Roller Bit 12% Mar 30 16 Jan 7 9% Jan 11 Reis (Robt) 4% Jun 18% Jan 6% Jun 50 Aug 8% Apr 73 Jun 6% May 4% Jun 2 V* Jan 5% Jan 17 Jun 91% Jun. 10% Jun 91 Aug 4% Aug 18"% Jun 8% Jan 7 Jan 6 Dec 22 Feb 9 8% Jan 3 11 9% Jan 90 Nov 5 11% Jan 13 85 Jan 20 12% Jan lOVsJan 13 60 12% Dec 8% 5% Jan Jan 4 4% Dec 10 Jan 13 14% Jan 3 99% Jan 18 Dec 5% Feb 6% Dec 23 13 23% Jan 13 103 Jan 16% Jan 100 25 May 22 9% Jan Dec 27% Jan 110 Jan 58 Nov 14 13 20% Jan Jan 103% Feb 100 Jan 3 Dec 9 Jan 26 Feb 7 16% Apr 25 10% May 1 14"% Feb 20 Feb 14 92 5% Jan 1 34% May 24 110% Apr 24"% May 24 106 Oct 36% May 17 Sep 47% Jan 3 Aug 94% Jan 5 99% Mar 31 102% Jan Jun 108% Nov 21% Dec 24% Jan 21 xl05% Mar .8 42% Dec 15% 13% Jun Jun *3% 15' Mar 21 Jun 36 37% Feb 14 96% Apr 4% Jan 19% Mar 24 Dec Mar 17- 16% Jan 16 Jun 21% 39% Apr 61 % Nov 12% Mar 19% Apr 29 54% Mar 13 16% Jan 109% Apr 35 y« May 10% May 15 Feb Roan 85% May 23 Feb 28 May 11 .131% Dec 128 10% Feb 14 43% Jan 3 Jan 26 48% May 24 165% Feb 21 78 Jun 100% Nov 98 110 6% Jun July 9% Jun 22 y* Jun 46 y« Jan 77 7% Feb 28 9y« Jan 87 May 85 Apr 6 12% Jan 13. ;29% Mar 10 13% Dec 317/a Dec 70 98 Xl03% July 108 Nov Oct 66 Jun 94% Jun 104% Oct 12% Jan. 6 84% Jan 9 Jan 7 104 5% May 12 9% May 19 93 May 1 20% May 24 34% Jan 99 11. May 1 98% May 19 107% Apr 20 94 Apr 19 110% May 25 16 13% Jan Jan 14 7, Feb 105% Feb 20 91% Mar 78 Feb 94 Deo Jun *90 14% May 22 $4 83 Jan 91 86% Jan 92 Mar 13% Jun 21% Dec 20 Jan 30 Jun 62 Deo 60 Jan 70 4.30% 16% Jan 36% Feb 21% Feb 19 Vb Jan 19% Sep 47% Jan 25 Dec 56 2 82 3.35% 5% Jan. 11% Dec 10% Jan 31 44 % Deo 41% Feb 15 45 Ys May 16% Dec 15 Jan 3 20 4% Jun 5% Jan 3 7% May 26 14 ' May 1 98% May 17 Jun 6% Jan 11% Dec Jun 6% 77 101% Feb 10% Jan 3 90% Mar 13 preferred 33% 34 *108% 110 19% 20% *106 107% 7% 7% 24 24% 105% 105% 11% 11% 37% 37% 33% 33% 45,700 % 109% 103% 300 22 y8 225/s 33,900 107 y4 *106% 107 % 20 6% 30,400 107 y4 7y» 7% 7% 7% 63/4 24 ya 24% 24% 24% 24% 24% Jun 21% Aug 22% Jan $ per share „ $ per $ per share 5 ' No par 5 Seiberling Rubber Co——1 - Serve! Inc common—:———1 105% Feb 14 9% Jan 15% Dec 15% Jan 30 Jun 40% Dec 5 Jan 7 Oct 4% Jan 3. 7 34% Jan 25 6% Jan 13 2% Mar 31 26% Jan 13 29% Mar 21 ;21% Feb 59 15 May 10 108% Apr 11 Jan . 21% Feb 8 44% May 18 8% May 2 4 May 9 22% Dec 3 24 Mar 33% Dec 29% Jan 13 36 2oy*Apr 15 83% May 15 96 y» Apr 19 14% Jan .4 25 Jan 14 ys Jun July 107% Dec 20% Jan 16 106 Feb 14 Jan 20 88 102 Mar Feb 4 12 8 23 22% May 26 19 May 19 Jan 4% Oct 10% Dec 3% May 22 -9% May 22 118% May 24 4% Jan 12 11 Jan 28 Mar 52% Oct 51% Jan XI 53% Apr 14 Jan Oct 14% Apr 11% Jan '4 40 Nov 36% Jan 36% Jan 45 Aug 40 Jan 4 29% Jan 35% Nov 34 Jan 13 10 y* Sep 12 11% Jan 3 28% Jan' 32% Jun 36% Nov 26% Feb' 3 14 Jan 12 44% May 23 45 Feb 5% 5% 23% 23% 24% 243/4 3 56 Nov 66% Feb 10% Jun 13% Jan 3% May SVe Jan 5% Oct 3% July 53% Dec 21 Feb 73 26 May Oct 83% (W A) 1 22 Apr 17 23 13% Jun 16 Feb J6 37% Dec 34 Jan 13 18% Jan 93% Jan 109 Jan Deo 25% Jan 3 8% Mar 30 106% Jan 25 20% Jan 3 89% Jan 31 Feb 9 Silver King Coalition Simmons • Co 25 Apr 29 Feb 29% May 24 1 11% May 16 72 Feb 24 19% May 23 40 Mar 108% Apr 24% May 3 5 6 Dec 140 Jan 26 152 Jan 13 174 61 Jan 23 52% Dec 70 47% Jan 3 -36% Z"i 42% Feb 14 60% Jun 74% NOV 66 For footnotes see pate 24. 20% 203/4 60% 60% 10% 10% 10% 14% 14 47% 34% 48% 48 y8 *143 145 142 *110 115 *110 9% 9% 9% 90 *89 19% 32% 33% 90% 91% 98 *89 19% 98 19% 32% 29% Jan 25 Mar 22 69% May 19 49 May 23 77% May 20 34% 113% 40% 123/4 48 6,500 145 80 115 ►110 115 *110 115 9% r 9% 90 19% 33 32% 110% 9% ; 9% 9% 89% 89% 89% 89% .19% 19% 32% 19% 20% 18,500 32% 323/4 37,500 32% 93 *91% 98 9% 893/4 20% 33% 89 20 X92> 98 *97% *97% 109 109% ►108 93% 109% *92% *108% 110% 15 15% 92 *91 29% 30 69 693/4 92 *68% 19% 13% 13% 13% 13 ya 44% 44% 45 44% 45% 19% 19% '19% 19% 6% 7 7 13% 13% *97 98 / 7 19% 7 7% 13% 12% 98 t : 13% 98 98 123/4 *97 12,400 4 69% 400 19% 19% 13% 100 29% 19% 4,800 76 13% 44% 20 78 1,200 92 *683/4 693/4 193/4 -76% 160 15 y8 283/4 29% 30 30 160 109 92 . 29% 2,200 ■92% *15 44 y8 Monday $ per May 23 share Wednesday May 24 $ per share *105 ya 107% *105 9% 10 77 3,500 13% *13% 45 : 7% 500 .. 45% 21,500 19% . .19%. 10,900 7% 5,200 13% 13% 13% 17,700 99 98% 98% 150 7% 19% 19% 44 Ya 44% 29% 30 10 *9% May 25 20% 19% 43% 44 y4 43% 44 29% 33% 19% 29 y8 34% 41 10 *19% 29% 42 *197/a share Sales for the Week Shares $ per share 29% 28% 29% 6,900 33% 33% 33% " 33% 10,300 40% 41 41 413/4 4,100 *105 107% *105% 10 20% 43% Friday May 26 Thursday $ per 10% 44% 107% 10 9% 100 3,800 10 *19% 20% 20% 20% 400 44 y8 44% 43% 44% 10,600 7% 7% 8% 8% 7% 8 V* 7% 7% 7% 7'/a 5 3% 7% 3% 3% 8 3% 3% 3% 3% 33% 3% 31% 3% *3%' 3% 32 31% 32 32% 32% 32 y8 33% 33% *33% 33% 34 33% 33% 33 % 33% 32% *33 y8 33% 33% 800 No par 25 28% 28% 27% 28% 27% 27% 61,800 60 60% 11,700 *33% 34 27% *28% 64% 65% 62 24 23% 23% 23% 35 34% 34% 34% 23% 34% 22% 84% 22 22% 213/4 22 ♦83% -97% 97% 96% 96% 21% 18% 21% 21 21 ya *22 *83% — .28 63 35 — 64 24 20 Corp: 10 Carpet Co com—20 3%% preferred— 100 4.20% preferred 100 Smith St Corona Typewriters-No par Socony Vacuum Oil Co Inc .1 15 Solvay American Corp 4% pfd 100 Smith (A) St Sons South Amer Gold Si Platinum 32 ' 60% Sloss-Sheffield Steel & Iron Smith (A O) Tuesday t per share May 22 share 9% ; 115 1 South Carolina E 8s, G Co com—4.50 5% preferred —-!—_—!—— 50 19 *52% 9% 18% 115 3% 114 »3% ; 10 3% . 53 * 84ya : . *83% *96% 21 60 61% 23% 233/4 351/8 22% 34% 34% 34% 36 ,21% 22% 21% 22 . *23% 7,200 700 23% 4,700 2,800 *83% 96% 84% *83% 84% 83% 83% 96% *96% 963/4 *96% 96% 450 21% 22% 21%" 22% 22 y8 22% 18% 1 19 8,000 51,800 2,000 4,200 40,600 19 116 3% ' 28 2334 - 22% 4,300 1,600 * 96% 183/4 3% 33 y4 273/i ■. 62% *23% 34% • 21% 115% 19 * 115 28 ya. 60 ya .84% . - 18% 19 116% 116% 118% '3% 3% 3% 117 3% 4 ' 9% 9% 9% 9% 52% 52% 52 y4 52% 9% >52 11% 11% 11% 11%: 42% 443^ 43% 44% . 9% 9% *51 523/4 -! 18% 19 *115 y» > ' 9% 523/4 116% 4 4 9% *52y4 . 100 . 9% 52% . •• 600 1 Southeastern :Greyhound Lines 5/ South Porto Rico Sugar com.No par . preferred 25 California 93 92% 110 120 98 93% 15 30,300 109 : *91 92 29% 69% 92 .98 *108 92 98 109 15 15% 47% 9% 19% 13% 3,500 61,600 *110 115 78% 13% *97 13 y4 *140 48 y8 13% 98 Vz 380 41% 13% 13% '47% 44% 7 13 Va 34% 113% 41% . 145 48% 107% Skelly Oil Co new-!—.! 8% 333/4 113% 41% —No par Simonds Saw & Steel— Sinclair Oil Corp 11,200 33% 113% ►140 *109 29 400 1,000 6,200 140 93 *68% 60% 10 y3 .10% 48 93% *91 21% 60% 10 Y* 140 93 70 203/4 603/4 '* 14%- *108 30 69% 20% 3,800 , 48% i92% 15% 18% 142% 108% 92 *91 13 18% 10% 34% 14% 600 107 18% *60 ' 113% 41% x40%- 91 *97% 15% 15 y8 34% *113% 108% .108% 108% 93 i*92% *109 y 110% 110% 34% 113% 42% *105% 20% 20% 60% *10% 107 82% No par Edison—: . 25 * 5 : Pacific Co———No par common—No par ; preferred 100 non-cum 100 1 11% 42 ya *41 11% 11% 423/4 42% 42 y8 ' 43% *41% 42 y4 35 % 35% 35% 35% 12% *41 43% 36 *41 11% 43% 44V4 ' *41 43% 35%' 11% 36 43% 353/4 12% 36 11% - 11% 44 44% *41% 36 36 y8 12% 12% 12% 12% 12% 12% 12% 12% 12% 23% 23 y8 23 ya 23% 23% 23% 233/4 23% 23% 39 38% 38% 23% 38% 23% 38%. 38% 39% 56(4 x38% 38% 56% 39% 557/a 56% 56 57% 57% 58 X56 38 y8 55% 56% .38 V* 37%. 38y4 37% 38% 373/4 38% : 59 59 ya 58 58% 58% 58% *60 60% *59 603/4 *38% 58% 59 *60 60% *11% 11% 7% 1 *53/4 8 57/3 11% 8 *5% nya 11% 8ya 7% 57/8 5% *67 11% 8 5% *59 12% 56 y$ 37%' 38 58 V* 58% - 367/a *58% 2,900 6,000 43% 39 '*23% No par common—. preferred—i— 11% 35% Southern^ Railway Spear 8c Co 159% Dec 143 20% *60 Ya *81 18 »/4 18% 9% Mines—. 18 Feb 96% May 24 77% Mar 27 160 Mar 22 Sep 45% Nov 55 2 T83/a 10% 13% 47% *105% ' 60% 42% 8,100 400 107 20% 113 24% 8,100 10% 34% 3,700 24% 24»/a 823/4 60% 42% 300 53/3 *81 20% 113% 25,300 18% 5 S/8 19 y8 18% 42% 48 18% 47% 18% 34% 47% ' 18% ►106% Spalding (AG) St Bros Inc Sparks-Withington Co 71 Jan 92 *105% 113% 3,300 47,' No par 1 Pen CO— 15 Jan 68 22% Nov 107 18% 480 23 823/4 823/4 18% 700 22% 19% No par 14 60 71% Apr 18% Dec Jun 82 *105% 93 y4 108 48 y4 107 ya Mobile St Ohio stock tr ctfs 7 Jan Apr 17% Apr 82 107 98% 108 *47 34% 5% Apr 64 82 83% *47 42% 59% May 22 5 10% Mar 100 43 33% preferred (Frank G) 13% Feb 29% Mar Deo *47 *105% 19% 19 % 49 *47 43 96% 108 48 19% 47 % 42 y4 cum Shattuck 10% Feb 4% Jan 6% Jun 107 58 18% 19% 18% 47% 34 y8 65 59% May 11% Jan 22% Jun 23% Feb 18% 24 y4 42% 42% 106% 106 l/a Southern Jan 53/4 *18% 53/4 33% May 24* ;i 54 * 18 S/8 ,5% 24% 47% 18% 53/4 42% 38% May 32% Feb Jan 43 18% 48% 18% 5% 42% South. Ind Gas & El Co com.Nopar Southern Natural Gas Co— .7.50' Jan 47 463,4 19 y» No par Apr ll Dec 48% 19 47»/4 _No par 23% May 25 41 22% 30% 40 61 22 y2 29% 34% Jan 13 49% Jan 3 51 22 3/4 33% Southern Co (The)—— Jun 22% 22% 30% 13% Mar 16" Jun' 107% 33% Southern 25% *97% 30% 36% Apr 18 45% *47 97% 107 3/4 1 —, 22% May 17 Nov 49 97% 107 % *47 49 97% 108 x22% 23% 145 115 t 11 *47 *96% 46% *105% 107 18% 18% 20% 20 % *60% 60% *10% 107/a $ per Shell Oil Corp————15 Sheraton Corp of America 1 , May 26 31% Jan 88% Feb 97% 3% 7% 40 49 97% 100 LOW AND HIGH SALE PRICES Steel' Sheaffer 33% May 26 36 May 3 28% May 20 80% May 22 Jun 17% Jan 17% Oct 11,600 23 23% 19 % 48 83% *97 Par $4.25 6 Jun 100% Mar 373/4 107% May 20 Corp! Sharp & Dohme common 114 16% Jan 37% 108 Saturday share 19 Jun' 38 5% EXCHANGE : 21 ya Nov 10% 37% *18% 47% 19y4 5% 13% $4.50 preferred——-~——No par 13 95% 33% 78% 37 y8 Jan 10% Oct 83% May 37% 20 38% Dec 24% Sep 38 19% Sharon 36% Jan 37% 77 Shamrock Oil St Gas— Oct 38 79 34% May 23 45% May 4 18% Jun 3,700 20 30% May 19 28 11% 19% 16 Nov 1053/4 11% 78 14" 27 ya 105% 113/8 20 25% Feb May 105% 11% 19% 24% Feb 22 *105% 11% 78 31% May 37% Jan 8% Jun 11% Apr 2% Jun 1053/4 11% 19"% Co— 5,900 v 1053/4 79% 13% 44% 20 — 24 11% 107 23 92 29% 70 % Roebuck" & Co— 63/4 23% 11% *105 19% Seeger Refrigerator 6% 24% 24 11% 106 973/f ^ $ per share 6% 22 4ya 37% 15% NEW YORK STOCK Highest 106% *106% 107% .'4 nyi 106 STOCKS Lowest Highest *106% 109 213/a 7% 24% . 20% *78% *13% 44"% 19% *6% Hange Since Jam 1 Year 1949 103 21% ' *106% 107% *91 29% *70 110 20 193/4 106% *47 I—100 *108% 110 20% 20 49 \ *109 110 *109 1 Range for Previous Lowest 1,200 333/4 4'% 4 4 y8 4 4% —No par Sears 5,900 12,300 33 y8 4 Co— Seagrave Corp 11* May 20 2,800 8% 34% *109 100 200 15 33% 15Va —— 8% 333/4 com——5 preferred series A 90% 14% 8% ' Seaboard Oil Co of Del 15 Vb Mar 17 Jun Jun 5% (The) Co Seaboard Finance 2 9% —100 : Seaboard Air Line com vtc—No par May 11 33 Ya Elec par *88% 15 y8 8% 33% 9% 9% *89 90 19 V% 19% 32% 33% 90% 92 *97% 98 *108% 109% 92% 92% 100 pfd preferred. Scranton May 22 May 17 Sep Co 3.65% Scovili Mfg Mar 27 47% preferred———No 90 15 34 47% non-cum £0 1 8% 8% 250 21,200 33% *110 43% Dec Jun 13% 10% preferred —100 St Regis Paper Co common 5 1st pfd 4.40% series A— 100 Savage Arms Corp„—— 5 Schenley Industries Inc_—-—1.75 Scott Paper Co common——No par $3.40 preferred ——No par Jun 87 12% *10% *143 7 13% 10% St Louis Southwestern Ry Co_„100 4 Mar 42% May 22 13 700 61 10% 4 34 34% *113 113% 42% 42% 13% 137/a Mar 114 ; 61' 10% Safeway Stores common 5 5% preferred —— ——100 St Joseph Lead Co —10 St L-San F Ry Co com vtc—No par Preferred series A 5% vtc_—100 37 7 Jan 24 —-—5 62% 10% Ruppert 5 500 *61 10% 1 31 7% Jun (Jacdb) . ! -1 No par Royal Typewriter Ruberoid Co (The)_— 13 Mar 24 34 100 2,300 9% 10% 83% A 8% 27% *9% 4V4 10% *47% series 8% 27% 9% 15% 15 8% 8% 27% 9% 90 *89% 15% 83/4 9 8% *27% 13% 13% 13% 1,800 3,000 62 % *61 90 i5y8 1,000 16% 14 10 y4 *23 19% — preferred 12% *89y4 16% 14" 9 4% com—1 4% 13 y8 89 ya 15% 15 17 14 14 Shares 14% 97/8 *9% 9% 14l/a 8% *27 62% 14% 27% 8% 8% 27% *16% Sales for the Week share 10% preferred———25 Controls 12% 46% *18% 5% No par No par Copper Miner— Inc —20 *9% *61 89% 97% 97% 107% 107% 22% ~ 23 Corp— conv *61 *27 *14% 14% 17% 14% *14% 14% Friday May 26 $ per share 8% *47 1 Co— Ronson Art Metal Works Inc———1 29% Jan 48% Jan 12 ya Jan „ 100 100 series—— 12% 90 15% Rohm & HaaS Co common———-20 1 61 Oil Mills 4%% May 12 19% Feb 12% Apr 4.50% Antelope Robbins 8 107 12% *89% 15% 9 4% *10% 50c 10 series 9% 62% 8% 8% 27% 9% 62% *27 10 62 —10 3.60% Robertshaw-Fulton 9 14% 14% 8% 8*/4 27% *9% 1 1 - Manufacturing Richfield 112% Jan 33% Dec 113% .3 May 8% *27 Ritter Company— 4 20 102 Dec 17 May 48 19% Nov 8% Sep Rlieem 24% May 26 May 2 13 Jan 12 10% Jun ; 6 30% Jan 13 60% Jan 13 68% Dec 105 Feb 16 3 16 Deo 16% share $ per share 14% Motors Inc Preferred 48% May 24 19% Feb 27 19 12% Dec 31 17 y8 14 y8 10 Preferred 23 Ya May Dec Jun 17% 14 y8 No par Common 1 Apr 13 5% Jan Jun. 7% 21 108 Jan Jan 17 y8 14 — 7% May 16 40 39"% 17 13% Republic Steel Corp com—No par 6% conv prior pfd series A—100 Revere Copper & Brass com—No par 5%% preferred 100 Rexall Drug Inc 2.50 Reynolds Metals Co .com No par 5%% convertible preferred——100 Reynolds Spring Co 1 Reynolds (R J) Tob class B -10 19 22% May 26 ■ 107% May 12 98 Jan 17 14 Republic Aviation Corp—: Republic Pictures common $1 convertible preferred 30 Jan 34% 10 17 13% 50c prior preference Reo 11% Feb 85% Jun No par Co..— 5 Conv pfd 3%% series— .—100 Remington-Rand common —50c $"4.50 preferred —25c ''62%-May 15 42% Mar 4% 14% $ per St Co— div $1.25 May 22 12% Apr 6 39% Jan 7 50 Jan 10 Sep 98 $ per 14% Reliable Stores Corp— Reliance Mfg Co common— 27% May 26 27 $ per share share Reeves Bros Inc 16% Apr May 24 $ per 14% Hosiery Mills com Thursday May 25 Wednesday May 23 May 22 5 Par share 14% May 16 Monday Saturday May 20 STOCK NEW YORK Range Since Jam 1 Year 1949 SALE PRICES LOW AND HIGH Tuesday STOCKS Range for Previous Lowest RECORD STOCK 377/a 593/4 10,100 35,000 2,000 2,300 29,300 14,100 1,300 603/4 *59 603/4 11% 11% *11% 11% 11% 11% 800 7% 7% 7% 7% 7% 7% 7,900 6% 500 *5%. 5% 57/a 6% *58% *6 ,60% ..Nopar- *67 -71 Spencer Kellogg Sc Sons™ 1 Sperry Corp (The)— _1 Spiegel Inc common 2 Conv $4.50 preferred No par Square D Co. : __5 Squibb (E R) & Sons common—1 ' $4 preferred——!——No par 23 23 22% 23 22% 22% 22% 22% 22 28% 28% 22 y4 28% 28% 28% 28% 28% 283/4 28% 28% 28% 28% 3,200 4,200 11% 11% 11 y8 11% 11 y8 11% 10% 11% 10% 11 y4 11% 11% 15,600 713/. 71% 71% 72 71% 71 19 y8 18% 19 71 Ya 160 19 18% 19% 18% 19% 36 18% 36 183/4 18% 18% 36% 363/4 x36y8 36% 36% 36% •36% 363/4 36% 36% 6,900 3,100 *107% 108% 107% 108% 108% 108% 50 23% 23% 107% 23% *107 23% 23 23 »/* 23 Va 23% 7,900 96% 96 96 3% 96 953/4 140 70% 6,500 $5.50 Standard Brands Inc com—No par $3.50 preferred _No par Standard G & E Co $4 pref—No par $6 prior*preferred— No par $7 prior preferred— Standard Oil of California Standard Oil of Standard Oil of New Jersev Indiana 71% „ 713/4 108% *107% 108 ya 23% 23% 23% 96 96 23% 96 *95 73 154% *169y4 No par 69 25 71 *107% No par ...25 - *67 49% 76% ,73 y4 72% 73 y4 *96 71% 71 72% 154% *154 156 *154 170 *168 170 *168% 169 ya 68 y4 68% 48% .49 69 V* 68% 69 48% 48% 48% 77 y8 75% 767/a 75y8 155% 76 *67 71 70% ; 71% 71% ♦67 *71 71 *67 72 96% 22% *95 71 22% 70% 71% 70% *153% 154% *151% 153 169% 167y4 167y4 *166 167 68% 68% 68% 69 - 68% 69% 48 48% 48-. 48% 48 y8 48% 763/4 74% 757/a 74% 75 y4 *153 155 *168% ., 753/4 100 500 15,300 19,700 29,600 Volume 171 Number 4911 .. The Commercial and Financial Chronicle . (2215) NEW YORK STOCK RECORD Range for Previous Year 1949 Lowest Highest $ per share 20 27 y2 96% May 12 Lowest $ per share Jun Dec 20 Va 25% Jan Dec 101 Feb Par 28% May 26 103'A Apr 24 21 24 1 40 Jun 48 Dec 48 X27 Jun 38 Va Jan 26 Va Mar Jan 12% Jan 27 98 Feb 21 30% Apr 27 July Oct 94 Jan 6 2 May 32 Va Jan 15 5 Jan 24 % Jan Jan 33% Dec 9% Jun 14 Va Jan 12 9ya Jan 13% Dec 12% Apr 15'A Jan 18% Dec 12 % Feb 21% 23 52 Feb 90 9y8 Jan >52 Ya 4 23% Apr 27 13 Sep 1 95 Va Jan 71,' 20 55y4 Feb 15 118 V2 Jan Mar 101' ' . 14 Jun 11% Dec 10 Va Jan 25 14 July 17% Jan 16% Jan 30 22 16% Jun 21'A Sep 19 Jan 25 36 % Feb 60% Dec 55 J an 25» 7% Mar 12 Va Jun Sep 227 8% Aug 30% Jun 195 Jan Jan 9 Apr 4 . May Class A Sum ay 9 23% Apr 63% Apr 284 Sunshine 8 13% May 2 42 Va Mar 16 Superior 14% Jan 41 Va Dec 38 Feb 107 Jan 4 112 10 Va Jan 4 13 106% Dec 108 Va Dec 7% Feb 11% Nov •27% Jun 36% Dec 8y2 Jun 12 Feb 17 Va Aug 24 Va Jan 76 y2 Sep 89 3% Jun 9% Mar 30 ; 34 11 Mar 3 9 79 Jan 3 15% Mar 4 5% Jan 6% Nov Mar 13 4Va % 9% Jun 23A Jun 13% Jun 18 Nov 17 Jan 3 Jun 653A Nov 59% Jan 25 485/0 "" 12% 6"% Dec ll3AJan. ;9 Dec 11% Jun 18% Nov 56 Jun 70% 43/4 Apr Dec 16% Jun 33% Feb 26% ,15y8 Jan 69 Nov 58% Sub Jun 11% Jan 10% Mar 23 153/4 Jan 14% Jan 16% Jan Nov 7% Jan 3 14 25% Apr 32% Aug 30% Jan 3 43 Dec 14 Oct 112 3A Jan Jun 8 . 12 y 43/a 35 48 Dec 83A Jun 6% 44 Jan Mar 41% Jun 7% Jan 14% Jun 20 Jan Nov 9 Mar 6 14 3 3 363A Jan 5 17% Jan 3 6 84% Apr 19% Dec 95 2% May 23% May 43/0 94% Jan Oct ' Jan -22 Jan 3 Dec 105% Jan 5 105^ May 15 Jun 19 Jan 14% Feb 43% Mar * 3 38 6 Range for Previous Apr 10 22 163A 10 Jan 17% 16% Feb 93A 13 16% Jan Feb 6% 3 Feb 9% Aug 108 % 18 13 31 •i'15 Mar 8"% Jan Oct 15% v. Jan 104% Jan 10 3 Jan 3 19 Va Jan 25% Dec 20% May 17 32% Jan 37% Dec 34 19 Sep Jan 10% Nov 100% Apr 8% Jan 18 4% Jun 34% Nov 29% Jan 4% Jun Dec 6% 13 % 275 12% 40 , 59% - 13% 13 % 13 13 % 32,200 '■*21% 21% 21% 213/a 23 2,700 22% 223A 223% 22ya 223/8 225/8 57 y8 57 57 y4 57 5% 57% 58% 58% 11'A 11 ny8 2,200 105% 10% 10% 11 6,200 273 270 112 36% 37% 37 12% 37 3A 14 Va 14% ; 23% 23% 86% 87 6% ■. < 7 23 , ' 6 3/4 *6% 6% 6% 63/8 18% *18 3/4 *18% 18% 69% 69 5/0 69% 18% 69% 21% 21% 21% 21% 12% *12% 69% 70 21 21% 74 723A ■" 73% 73 73% 273A 26% 253A 64 523A 11% 52% ♦111 112 123/B 22% 87 V* 420 7% 7% 13,100 12% 123/b 400 7 *12% 6% 6% 6I/8 183/4 183A 18% 69 Va 183/4 700 70 Va 69 69% 69% 69 3A 20% 7 ,/ . 21% 15,500 20% 2.1% 20% 21 72 x71% 71 71% 703A 26% 26 % 65 % 63 523A 52 3/4 53 11% 11% 113/8 11% 15% 15% „ 35 11% 35 35 36% 35 35% *34% 13 3^ *123/8 6 3/4 6% 6 3/4 40% 40% *40% convertible preferred 50 ;. *41% Corp.No par *12% 13% *12% 63A 6% 6 3A <: 41% *3% 1, 22% 23 6% 41% ,41% V 4 v.:, *3% 4 15. new • 7 5 com. *12% ' 6% 41 41 ' 23 6% *52% ' 133/4 53 • , *35/e 23% *6% 53 6% 4 *35 1065/a 106 5/a . 36 29% 106 3A 36 '29% : f 30 1065/e ' 106% 16% 17% 163/4 No par Roller Bearing 15% 153/4 10% 4,700 17% 37% 375/8 16 3A 37% 37% 17% *1063/8 *105% 16% 37% 37% 37% 37% 37 ♦1055/e *10% 35% 13% 63A 41% 35 1,000 230 13% 100 6 3/4 63/4 41% 3,200 41% 3 =/a *3% 24 233A 6% 54 35 4,000 1 *12% 4 23% *63/B 180 300 4,700 65/8 400 54 553A 4,500 993/8 '■ 3% CC'3% *35 ; if *36 29% ,,293/4 17 *1055/8 15% 10% 3,700 1,300 1 16"% *1045/8 11% 100 5 Axle 513/4 11% 6% 53% 100 33a ♦35 30 *1065/8 533A }oo3/8 33/4 64 513/4 3% 23% 4 6% 53% *100 3% *35 30% 24 *6% < 1003/8 3% -36% 29 Va 53 *100 r 10% 63% 52% 11% *51% 4 •'23% 6% 52 3A 1003A *33A ♦35/a 23«% • 53 *100 4 22% 6% •: 3,300 12,900 64 103A 13 7,500 26 Va 64% 300 71 25% , 15% 35 63/8 26% ll3/e 6% *6 26 155/o 13 123/4 10,800 183/4 10% *34 Va 14% 7% 15% 1 12,300 22% 87 10% No par 14% 14% 105/e No par 4,400 87% lO5/0 common 37% 22% - 10% preference 37% 22 5% ' 11% Co 1,400 87 y4 . 155/a conv 12 14% 155/8 Fair 110 • 11% 373% 37% 11% , 700 •" 12% 63/B ■ 64% 65% HI *12% 183/4 « 26 3A 27% 41 111,. 7'A ,.123/a .... f ' 4 100 12% 2,200 41 23'A 7 v 1,500 13 13 ,.*12 87%' .*86%>. 4,600 276 41 14% ' 274 *40% 111 / • 271 12% 12 7 64% 13 40 y4 14 y4 87 65% 270 111 , 18% 64% 273 12%/ *12 : *6% 27 130 13% 12% 1 700 119% 21% ' r' ,. " *73% 270 60 60 118% 13 y4 *1103A 23% 6% 60 119% 2,600 21% 271 ;• 14% 86% 60 *118% 500 10 % 99 11 % 12% 23% 55% 10% *98 13 V2 13 ' 10% 99 4,200 21% 9 ' 60% 118 Va X40% 34% 10'A *98 118% 13 14% 123% f 563/4 37% 12% 10% 99 40 12 12% *54% 10% 99 13 37 7Va 55% 56 12% ' 40 12% 87 55 . 22% 112 373/3 23% 43,500 39% *110% 23 345% 12% 39% 112 *86% e% Jan 5 43A Jan STOCKS . LOW STOCK >• EXCHANGE = Transamerlca Corp 2 Transcont'l & Western Air Inc.—5 8 Jan 11 No par ' Trl-Continental Corp common. ll $6 preferred i—; No par « Truax-Traer Coal Co 5 Jan 13% 39 3 5 13 7% May 6 Coach *Twin Co 1 $ per share $ per share 18% 18'A 18% 18% 19%" 20 19% 193A 17 17 *16% 11 io3/4 10% *16% 10% *109% 110 109% 109% 109% 12% 20% 13% 13 17 99% 33A *34 Va 29 107 3% r 40 1,4'00 35 29% 1066/e 106% 105% 1055/8 17 163/4 17 37% 37% 373/4 35,606 400 60 17,400 5,300 21V* 20% - 34 18% 18'A 19% 19 % 161/4 19% 16 % 17 10% 103A 10% 103A 109 5/8 1093/4 1095/8 1095/B * *16% 133/4 13% 13% 12% 13% 20% xl2% 20% 20s/8 20 3A 20 5/a 101% 101% *10% 103A 10% 34 6% 18% 19 21 *34 *100% 6% 18% 19% xl6% 17 18% 19% ,103/4 10% *6% 18 ; 1093/4 101% 34 Friday May 26 $ per share 10% '10% 34 May 25 • $ per share 109% *100% 34 Thursday $ per share May 24 13% 21 34 PRICES Wednesday 20% 13'A 34% *34 t SALE 18% 20 103/4 $1.50 Apr 13 Apr - Centrny Fox Film com..No par conv preferred No par $4.50 prior preferred —No par t Twin City Rap Transit com..No par 5% conv prior preferred———50 . HIGH Tuesday May 28 May 22 18 Va 20th 5 AND Monday 1. 20 Transue & Williams Steel May 24 103 Saturday May 20 " Par$ per share May 11 36 Va Jan 18 1031 274 33% 7,500 52% ' 110% May 17 13% May 24 25% Jan 6 May 22 98% 24 275 14 %• 10 Trust— preferred NEW YORK 20% Apr 7 Dec 98% J- No par $ per share 143A Jan Dec Jun 11% 12Va 1 common Highest $ per share Dec 11% 57% 11% 34% 17% 153A Timken ■ Lowest share Jan Land Timken-Detroit . $ per 57% H3/a 3 3 5% 16% 11% Range Since Jan. 1 ' Highest $ per share 56% 343A 173A 1 120'A 13% 21% 14,300 17 ' Year 1949 Lowest 23 . 17% May 15 33 Va Mar 17 13% 21% 4% preferred— .'—100*100 100% Thompson-Starrett Co com..No par 4 *3% $3.50 preference No par * 37 *35 Tide Water Associated Oil com 10 29 293/a $3.75 pfd called at $106—No par 106% 1065/a $3.75 pfd called at $105 No par *105% 105,®BMayl5 „_ Nov 13% 21% 800 22% . 62 119 175% 22 3% .*55 . . 10% *60% 120% 17»% 22% 34% - - 100% ■ 5 Thompson (J R)_— Thompson Products 30% May 22 1063/4 Mar 21 — 61 *120'A 22% *37 par *99 —5 IThird Avenue Transit Thomas Steel Co (The) 10 25% 120 Va 56 10% f 17% 22 V4 9,400 52% $2.50 May 24 107% 99 123/4 *173% 22% ( 310 333% 4 ' 100 33% ll3/8 4 42% Feb 10% 99 61 '56 12% 17% 22% *99 % 333/8 52% $2.40 1003/8 May 12 5% Feb 6 '32% Mar 27 10%.' 100l/2 4 62 >' 275 par. certificates conv Thermoid 553A May 26 / 34 3A 56 Va 13 17%' 100 32% *153/a The Mar 20 Dec Jun 13% 4 3% Mar 27 35 7,600 17% *99 * 50c 1 7% Jan 34% 37% 99%33 12% 22% 34 3A 13 37% 100 17% 17% 22% 38% 50% 99% Thatcher Glass Mfg Co common—5 6 40 1023/4 May / 32% 24 17% 22% 37% *49 32% No par Inc $1.25 17 May -5, "17% 11% 1, Texas & Pacific Ry Co 1 Mar 42 * - Apr 23 51% May 12 — 7 4 3% Jan < Apr * share Tetion 31 Apr 13% Jan 6 5% Jan 4 Oct 1% Feb Pacific 17% 22% *39% *110% Texas Pacific Coal & Oil Texas 123% 56% 100' Producing Co Texas Gulf Sulphur ' 17% 12% *56 38 y8 38 / • 17% '>18% 12% ; 38 12% 10 / 37% 22% ' 10 k 200 13 _5o Texas GiAf 13% July 43A Mar 36 Steel 22% Apr 12 '74% May 19 273A May 20 65% May 20 53% Apr 11 123/4 jan 31 14 22% 25 3 14 17% ^i_10c Texas Co ' 14 y4 13% *21%-' 21% ..—25 f70%May24 16 v 53% Jan *14 *17% ' 17% , 12.30 Co Talcott Inc (James) Telautograph Corp Tennessee Corp May 17 14% 13% .25 Symington Gould Corp >12% May 26 j 7% Apr 18 19 3 20% Feb Dec , 13 Jan 1 - • . 10 *14% 99% ^25 Sylvania Elec Prod Inc com..No $4 preferred No 7\-V^ 600 l43/e 33 *120 California preferred *14% 30% 99 —100^ Swift International Ltd 18 88 Va May 5 «;7ya Mar 30 : of 30% 32% 56% '10% Sweets Co of America (The)—4.16%Swift & Co.— 25 6 ,26% Apr Oil 30% 35y8 Corp Sutherland Paper Co_ Apr 4 37% Mar 23 13 19% Jan , Jan 9% Jan ) Mining Superior 493/4 *29% 22% preferred series A preferred series B Sunshine Biscuits Inc 11 May 49% 30 y4 32% 10% 11,800 50 ya *29 99 -*99 % ■>49 y2 32% -> *61 23 50 Va 17% No par No par 18,500 102'% 23 3A 29% 98 % common ♦100 23% *49% 32% \ *56 102% 23% Shares 28 5/a *29 99% 22% 24 y8 28% 50 ya 14 y4 35 4% % 23% 28% 30% 38 • li.l. < 28 3/6 *102 29 V2 - 17%'. ' 28% 1023/4 *49 Va 12% • 28% ♦102 23% 37% ; common 23% 99% 20 %, preferred Corp 23% * 28% 102% 14'A . No'par] 4%% 4 11% May 11 3 4 Va Oil • 28% *102 33 common-—1,*4 $4.50 series A preferred 28 Va 102% 14'A , —15. Sun Oil Co common__. * 8% Mar 30 Dec 7 10 the Week $ per share 23'A 30 No par Corp.._ Sunbeam Corp Sun Chemical Corp Sales for May 26 $ per share *32% ^100 .1—5 prior preference— Stone & Webster Friday May 25 $ per share 33 .^5 & Co Inc Thursday $ per share 28 Va 50% 29% *14% PRICES Wednesday May 24 *102 23Va ■>49% J..'_l Studebaker Apr"18 xl22 9 p) 5% 64% May 12 15 127 7 10% Apr 3 (J 23% SALE May 23 $ per share 102% No par preferred Stevens 1 HIGH Tuesday May 22 28 Va *102 50 common Stewart-Warner Corp Stokley-Van Camp Inc 35 y4 May 19 - 26 8% Jan Oct 122 - 13 Jan 43 Va Apr Dec 66% Jan * 18 y» Jan Oct 96 Feb 117 6 L S Stores Inc 28% 100 AND Monday $ per share 10 common (The) Bros 3Va% 9 21 > 26 „Dec 6% 34 V2 Jan * 3 of 0hio Sterling Drug Inc 7 - 21% Apr 14% Jan Jan 20 Va Jan Dec Jun lo: Mar - Sterchi < 17 y8 Mar 16 Dec 16V2 Feb 28 y2 39% Feb 100 Starrett Co 28 " 100 Ston/d«rd 011 3 A% preferred series A Standard Steel Spring common 4% convertible preferred 8 52 3 36% Jan 24% May 1 13 4iy2 Aug 10 35 Jan Saturday May 20 EXCHANGE $ per share 4 18% Jan LOW NEW YORK STOCK Highest $ per share Oct 102% Jun STOCKS Range Since Jan. 1 34 6% • - 6% ,34% 1015/8 10 5/a 34% *99% 10 3/4 34 6% 34 •; 6% 11 1093/4 . 34% *333A 101 *99% 10% 34i/a 101 *333/4 *99 % 17 Sales for the Week Shares 16,700 5,800 200 31,700 120 13% 17,200 21 16,700 34 34% 101 200 100 11 11% u% 11% 34 , 1,600 34% 34% 343A 500 6 Va 6 % 2,300 6% 6% 6% v U 8% Jun 39 Nov 103/4 Feb 19% 333/4 10% Jun 41% Mar Apr 123A 10 Jan ,46 Dec 12 Feb ' Jan 26% Jan Dec Jan 112 Aug Jan 96 Nov 86% Jan 94 Jun 32% Jan 303/s Dec 20% July 104 % Jun 10 % Jun 615/8 Jan 19% Feb 103 Jun 513/4 Dec 31 25 Oct 143A Jan 24 Jan 50 Jan 27 109% 30 24 5/a May 2 82% Jan 25 Feb 36% ~ 30 90 % Jan Sep 89 Va 9 2, Jan 96 Aug 73% Jun 13 111% Feb 103 Apr 47 415/b Mar 94 25% 7 3 45% Jun 12 Jan 31% 107 48 21 9 May 12 Vs Jan 13 30% Apr 13 5l May 10 97 1073/b May 23 27% Jan 5 89% Mar 16 52% Feb May 106% Dec Apr 28 106% Jan 3 75/a Mar 28 34 Jan 25 26 Apr 3 33 110 Jun 9'A Dec 70 8% May 22 61% Apr 29 Dec Aug 223A Jan 34% Jun 42 3A Dec *44% Jun 55 % Dec July 19 5/a Dec Feb 26% Dec 17% Feb 26% Jan 93/4 Mar 13 3/8 Sep 11% Mar 30 16 Mar 29 40% Jan 53% Jan , 17 30% Dec Mar 102% Nov 100 Mar 18 12% Jun X89% Jun 173/4 116% Jan 15 Mar 31 Dec 110 43 Jun May Oct Mar 30 27% Jan 25 182% 12 23 Jan 4 10% Sep 8% Jan 3 57 J an 46% Jan 26% Oct 22 .—No par 5 100 common—10 preferred Board -No par —— Carton & Carbon Corp.... 10 19 Va Mar 6 United Electric Coal Cos— 5 Engineering & Foundry—.5 Fruit United Merch & Mfrs Inc 87 515/a 51% 87% 51% 51% 6,000 32 51% 32% 32% 32% 51% 32% 51% 32% 323/8 31 313/D 323/8 30% 31 32% 30% 32% 31% 1,400 30% 30% 30% 30% 11,700 *109 16% *85 29% *108 *9% *8 3A 3VB 111 29% 110 *108 9% ' *109 16% 165/e 88 80 29% 29% 110 X393A *108 9% 393A 27% 39% 263/4 263/4 *26 8 3/a 8 5/8 683/4 8% *66 3% 8% 9 Vs 673/4 66% 18 18% 18 Vb 27% 273A 27% 133/4 13% 13% x26s/a 26% 13% 13% 13% 135/8 13% 13% 13,400 18 173/a 13% 17% 133/a 173/4 17% 173/4 17% 19,000 17% 17% 33% 17% 17% 17% 7,800 32% 32% 1053/4 17% 32% 32% 9,400 *1C53A 106% 33% 32% 105% 105% 100 *187% 188 3A 18 133% *187% 335/8 O cn 18 133% 188 3A 32% 106% 17% 132 *187% 33 106% 17% 133 188 3A , 3 33 1053/4 *17% 132 *187% 10 3/4 53% 27% 27% 26% 27 Ve 27 27 16% 3,100 163/4 16 3/a 13 3/a 16% 13 3/8 49% 50 8,700 49% 50% 49 49% 3,800 X153A 16 15% 15% 15% 153/4 263A 27 Va 16% 163A 49% 51% 50 3/4 51 50 50 163/8 16% 16% 16 3/8 16% 16% 8% *7% 8% 8% 40 3A 41'/a 74 72 Dec 693A Mar 21 10 May 10 U S Pipe & Foundry Co U S Playing Card Co 20 40% 10 *72 40 3/a 40% 41% 723/0 723A 723A *72 74 60 600 *10% 17 49% Jan 1883A *52 27% Jan 1883A 103/4 16% 49% 1883/4 2,900 53% 27% *8 133% *52% 17% 8% 500 122 *10% 27% *8 150 131% 103A 11% 53% 1 18 53% *10% *52% 10 ♦175/a 103/4 11 53 common 17% 130 2,100 *52% 11 523A „ 18 133 105% 3/a *187% 11% 263/4 33% 106 X17% 1883/4 53% Co 31,300 18% 273A 11% preferred 10,900 133/a 18 Vs 28 *52% Lines 62% 63% 183/8 27% 623/4 - 5 S 61% 63 18 28 54 4%% 63 633/8 18 3/a 133% U 63% 625/8 18 Va 28 9 1,900 27% 4 4 2,300 43 % Mar 11 Feb 290 17% 423/4 18% U S Hoffman 8 3A Jan 68 3A 17% 43 28 133% 18 67 17% 43 18 43 20 3 3,600 18 11% May 16 73A May 10 38% Mar 23 102,100 93/8 43 S Gypsum 15 Va Jan 67 190 4 Vs 103/a 4 173/4 U Oct 9% 433/8 18% Apr 4% 12,500 17% *18% 8% *9VB C6 500 3% 423/4 43 *105 16% 9 Vs 67 26 3% 42 3A 173/4 No par Jan *25% 3% 43 43% S 7% Jan 273/a 3 Vs 17% U 16% *26% 43% U S & Foreign Securities.—No par $4.50 1st preferred No par 1 May 17% May 20 3% 62 18% May 19 133 % May 22 Machinery com 900 623A 62 5/a 335/B May 22 106% May 23 Mar 29 1,900 110 43% *43 18 preferred 100 3,000 4 18 7% 29% 300 12,000 395/8 4 Vs 17% 2 29% ♦108 165/8 88 39% 4 4 17% Mar 293A 110 111 1,900 393A 4% 4 Vr 18 189 16 3/b *85 260 39 *42 18% Co common *109 163/4 88 107 9% -2 % 18 Freight Co 110 107 9% 42 18 Theatres interest 107 9% 3% 17% of 9% 43% 18 Paramount Certificates 27% 29% *108 3Vs 18 United 39% 16 *42% 17% 3 12 9% 110 *86 3% 1 Jan 29% 110 9% • 425/8 1 24 23 5/a Jan 111 16% 89% 107 " 67% 173A 111 *9% 40% 9 175/a 16% *88 30 68 67 *109 16% 90 13% 51% May 20 28,000 51% 1 9 2 4. 27% 51% 9% 18 3/a 10 page 27 51% 109 Va *273A 83/8 Jan 28% Jan see 273/a 873A 30% 4 10 Dec footnotes 27 87 ' 16% 9% Improvement Co_._13% 230 280 67% 90 1073/4 United Gas Corp 96 275/8 109 % 16 3/a —No par Dec For 109% Co *943A 107% 4 100 96 87% 4% Dyewood Corp common..—1 *943/4 112% 27 42 preferred 105 112% 107 3% 7 Vo *101% 96 27% 26% United 50 104 87 42% 6 505/B 112% *101% 1073/a 3Va without div—1 50% *112 86 Va *41 Va (The) 96 51 1123/i 104 27 Vs Corp new.No par Corp 50% 1123/4 *101% 107 3/o Cig-Whelan Stores com—30c $3.50 convertible preferred.—100 United ( 27% 393/4 No par 50% 1123/4 873A V 263/4 Co., Fstnr 9% Jan 25,800 50 Va 1123/4 31% 30 30% 52% 50% 50 3A 32% 31% *86 Jun Jun 11,100 51% *32 :—100 — Jun 113A 29% 29% 107% ,513A 35/a 38 293/a , 1,700 27 Vs preferred—50 15% Apr 295/8 107% 273/8 873/4 4%% preferred 100 U S Industrial Chemicals—.No par U S Leather Co common No par Class A conv preferred No par 17% 293/8 2,500 26% 3 9 30 12% 40 Mar 14% Jan 12% 40 78 3/4 Mar 18 1,300 30 Vs 86% 27 of America—No par Biscuit $4.50 Inc preferred United Gas 17 Va Mar 30 187 United United Lines Air 29 % Apr Dec Jan 5% 4%% 108 107 87% Corp common convertible preferred United 28 4% Mar 17 45% 29 Va 50% 50% 50 —25 Aircraft 17 Dec No par common Tank Car Co.— 27 25% No par series $4 non-cumulative United 26 6 5/a 4% United Jun Jan Preferred series Union Oil of California 46% Mar 28 Jun $3.50 Unjcn Pacific RR Co 63% May 24 19% Mar 22 Feb 29% 96 13 19 30 Va 95% 13 183A 293/4 United 3 45% 30% 12% 96 3 4 50 11% 453A 12% *953/4 12 2% Mar 29 41% May 16 Dec *11% 45% 12% *953/4 ,96% Preferred Jan Oct Sep 3% 11% 453/4 123/0 104 Mar 33/4 47% Dec 11 '/a 45% 123/8 113A *101% United-Carr Jun 113/4 45 % 12% *lls/8 1133/4 Apr 17 Jun •11% 45 12 Vs 104 28 3% 113A 45% *1123/4 United 2% 14 Va Feb 12 No par 11% *443/4 • *101% 10May 18 Apr 10 40 % 40 % 33/a Jan Mar 29 12 113% May 19 - 46 103 Va Mar 20 l 11% 12 5 50 5/8 United 17 % & 11% 453A Co 113 % Union 1 . 101% 34% Mar 20 88 Ve 28 Carbide 31% May li2 1 No par Rubber Carbon—No par 25 7 Oct 175 Union 10 25 Jan 94 Apr & Un El Co of Mo pfd $4.50 ser._No par Preferred $3.70 series——No par 5 133/b Jan 93A 19 Va May Asbestos Upion Bag & Paper;Corp 1133/4 May 19 100 % 80% Feb 38% 18% Union 0ct jun 16 10 85% Oct 313/a Dec Jun Jun 19 Apr 13% Jan Corp (The). Underwood Corp — 3 43A 33/4 Udylitc 5 106% Jan 293A 45 May 405/8 *72 8% 41% 74 "8 405/8 *72 8ye 41 74 *8 X40 Ve 73 50 7,900 8V0 100 40% 4,000 73 300 23 24 The (2216) $ per $ per share $ per share 30 82 43 31% Aug 112% Jan 133 Jun Jan Oct 45% May 26 Oct 72 20% Jun Apr 46% 62 26% 33% Mar 31 57% Apr 28 Jan 22 Jan 44% 4% Feb 6% Not 4 11% Not Apr 92 Deo 91% May 2% Jun 4 Jan 0 3% Feb 3 7 24 Mar 30 Jan 3 19% May 26 4% Feb 11 6% Apr 17 X25 Jan 9 9% Sep 25% Sep 22% Mar 13 19% Jan Mar Feb 43% Jan 64 7 8% May 25 Jun 25% AW ll% May 27 Mot 20% Jun 10 Feb ; 20 Jan. : 85% Jan 33% Jun. 91 Doe r 82% Jun 118 Jan 7 15% Jan .20 -Dee 113% Jun 118 96% Mar.22 6% Jan 27 "79 Jan 27 11% Jan Feb Dec 23% July 32% Jan 27% Jan 20 31% Mar Noti 33% Apr 26% May 10 33% Del 30% Apr 32 Apr 31% Jan 3 27% Apr 11 31% Jan 11 60% Jon 48 25% Jun 23% Mar 30 Mar: 45 Jun 12 Jun . . 36 36 - 900 33 76.800 145% 145% lx 97y8 3% *94 *94 97% 3% 3% - 5% 24% 29% 29% 10% * 46% 10% 32% 32% -10 j 28% v - *10% 25% 25% 106 106 '• ' •103 . *51% " : . 8% *94% *99% 100 8% 8% 95% Va Iron Coal & Coke 4% pfd—25: Virginian Ry Co common 6% .preferred Vlsklng Corp (The) Vulcan Detinning Co common, 1% preferred 94 ya • 21% 117 f *103%. 104% *116% -•20%. 22 29 ir 103 94% ...116% 116% •104 *20% ♦30% , 105 100 *99% 8% ... , ^ 8% 94-V , 25 : 27% " f 32% 1,000 13% 13% 24% •5,200 13% *' , ■•r. 92% ; ' - - *20%, 22 21% ; 30% 27% 34% 30% 30 27 27% 26% 34% V. 34% 35% 34% 34% •20% • *20ya .30 29% 30% 26% i 27? v 34% -. *34% 35% *35 37 *35 100 *50 52 *50 52 *50% 52 51% *13 13% *13 13% *13 13% 13 ., 51% No par 13% , ' , i*34y4 35% *34 35%: *34 35% 37 *35 36%. *35 ... ,V 4,800 600 20% 15,200 *115% 116% "• *20% 30% 30 ^ .27% '26% 2r t-v 34% *.".*34'I .35% »•; 34 s 104 110 100 . 22 < •30% 27 1,600 i 4,400 34 *34 *35 36% 51% *5oy4 600 35% 36% *35 10 92 Xl03% t .22: : > 27 34 36% 99% 8% x20% ' 116% *i04ya 105% - 1,100 8% 116% 221 51% *90 ' - 21% 21 . - - 40 51% - 8% 91 •••• 2,200 107 t,- *99% : 99% - 8 91 800 107 *103 > . 51% 24% *103 •: 107 , 3,700 10% 32% 107 99% * 28 *10% : 2?y4 « 51% 92% 320 33% 1 *102 ; ; j -*99y«r 100, 8 8% 94 6,500 ioy2 •> *103 :. .52 8% 46% 46 28 Va'- . 113% > 20 34% 46 900 174% 8% 8% 10% 21% 21 >21 21% *116% 117% ";;: -116%: 116% *104% 105 y«;v,/ *i04ya, 105 V* ' 27y4 3oy4;.3o%,: > 3,900 *172 174% ,32% * 25 25 5 20 27% 3,500 5'A 24% 45 y4 107 *51% 51% 19% 5% *24y4 8% 25.y8 ;.25.% *102, 5,400 5% *172 13% ,103 >• 100 3% 25 24% 28 13% 18% 19 600 99 5% 10% 33 u 25%:' 18% 250 24% : 10% > , ' 107-. 107. *51% .. 21% 21 < 51% " 13% v *95 ' 8% ,< 51% 33 32% : 10%". . *102 107 28% 28% : 25% ♦102 •102 100 •99 y« - *32% ,13% '25% 25% •102 107 6i%' .—100 preferred 14 . 45% 45 10% 10% 33 97% 8% 45 % 8y4 8% 28% 29% 33 13% *103 8' : *94 174% *172 1741/2 45 46 17% 17% 8% 8% 13% 13% 6% — May 18 May 17 *45 '' • 7 8% 46 100 • 8% 11 3% 5% 8% 11% *241/4 24% 1 2,700 11 3% 24% com ; 6% 11% 25% 24% *172 4,000 43 6% 3% 24% 174% 20% 43 6% *24% 24% 174% *172 20% 43% 3% *24% 25% 2,200 20% 25% 18% 5% 24% 5y4 146% 6% 3% 17% 3,500 20% *24 y4 *24% 391/4 43% 97% 5% •172 145 lx 17% Virginia Elec & Power Co coas 10 .$5 preferred .———100 $4.04 dividend. preferred 100 30% Feb 17 37% Apr 13 14% Jan. 63 32% 25% 3%% 104% May 11 22% Feb 7 28 3% 1,590 38% 5% Va-Carolina Chemical consu—No par 6% div partlc preferred——100 Jan 10 26 *94 3% 133% *62% *23% 17% Victor Chemical Works, common— .Mar23 xl03% May 26 20 Jan' 17 li.y4 132 33% 5% Jan 23 22 11 y4 *3% Vicks Shreve & Pacific 'Ry com—160' 5% non-cumulatlve preferred 100 9% May 15 117 11V4 ' 11 y4 93% 93% 132% 39% 17% Van Raalte Co Inc. 96% Jan 11 Jan IS 6% 131% 62% 11 y8 43% *6% 15,400 32% 25% Vick Chemical rn -18% Jan 10 115 33 y4 20% 43y« 6% 45% 38% lx 20% 43 *6% 10 44 62% *6% 20% 44 15,100 96% 43% 39% 62% 33% 145% 145% 20% 20% *43 y4 441/2 6 J/a 6% 20% 43% 6% 20% *94% 43% 33% 145 20% 97 Shares 29 62% 62% 145 27% 39 y4 39 32% 33% 145 44 Vanadium Corp of America—Kp par Van. Norman Co 2AO May 4 Apr 4 51% May 19 101 32% 145 145 % 5% 27% Apr 18 Jan 10 62 V2 •24% •17 4%% preferred ' . -100 Ho par Universal Pictures Co Inc ' 98 38 33% 33% 145 non-cumulative preferred Vertlentes-Camaguey Sugar Co 103 39% 62% 62% No pax 34% May 10 14% Jan -9 101 z44Vs Mar 16 Doe . 174 97% Mar - 6 « DeO 98 100 Jun 24% Feb 30 Oet Deo 47 Jan 5 : 25 97 85% Marr 11% May 17 >12% Jan ? 3 20% Jan 20 13% Jan 39 62% 40 Sales f0i> the Week 131% 130 Universal Leaf Tobacco com—No par 8% preferred ——100 29% May 20 3 Jan 9 130 Friday May 26 $ per share 28 *95 97 1 61% Jan 27 45 Deo 7% Nov 17 May 23 20% Feb M 12% Deo 40 62% 50 preferred 43% 130% Monday, May 29,1950 44 y8 43% 43% 130% 42% 42% .. . share 27% 28 Va *95 97 $ per share 27% 28% Chronicle Thursday May 25 " May 24 $ per share *95 129 % 43% 130 Universal Laboratories Inc May 13 11% Feb 2 Jan 16 161 Jun 170 156 100 15 27% Oct 17% Jan 3% Feb Feb 3 Jan 26 4% Apr 24 27% Jan 9 12% Jun 21 11% Apr 96 43 25 United Stockyards Corp 1 United Stores $4.20 non-c 2d pfd—5 (6 convertible preferred—JNo par United Wall Paper Inc common 2 4% convertible preferred 50 Universal-Cyclops Steel Corp_ 1 6% May 19 96 130 -50 U S Tobacco Co common 7% 28% 100 Smelting Ref & Mln 7% $ per 28% 10 1st preferred U S Steel Corp common Feb 21 22 non-cum share 28% 97 *96 100 $ per 29 share 28% 1 7% preferred 44% May 19 Jan Jun 80 U S 6 33% May 22 10% Feb 8% 2 20% May 24 41% Jan • 5 % Jan 26 Sep Plywood Corp common 3%% preferred series A 8% ,40% Jan 20 68% Mar S U S Rubber Co common 146% May 26 139 Jan Not 18% 38% 133% Mar 13 25% Jan Deo 140% Jun 97% Apr 11 Mar 33% 129% 20 Feb 95 May 23 $ per Par U 31% Apr 18 37% Jan 3 126% Jan 18 93% Not Apr May 22 Wednesday Tuesday May 20 f per share share 24% Mar 27 Deo 19% May Monday EXCHANGE Highest Lowest Saturday STOCK NEW YORK Range Since Jan. 1 Highest Lowest LOW AND HIGH SALE PRICES STOCKS Range for Previous Year 1949 Commercial and Financial 30 .f W 25% Jun 101 May 21% Jun 6% Jun X12 Jun x87% Jun 9% Jan 18% Jun 14 Jun 23% Jun 14% Sep 31% Not 105% Oct 33 Deo 9% Jan 17% Dec Apr 24 12% Apr 18 29% May 26 101% May 26 Jan 13 7% Jan 4 31 15% Apr 24 Jan 16 101% Deo 97 16% Deo 12% Mar 18 May 24 Feb 24% Deo 17% Not 19 9 13% Apr 6 5% May 5 24% Jan 13 11% Apr 3% Jan X19% Jun 27% Jan 78 July 16% Jun 23% Jan 83% Feb 26 20% Jan 3 22% Oct 18% Apr 15 Apr 104% Sep 101% May 12% Dec 35% Jun 104 May Ward Baking Co common Oct 6% 84% Deo 25% Deo 23% Jan 13 Deo Jan 12% Apr 17 50% Deo 45% Apr 11 Jan 6 share share 101 y8 101% 470 38% 38% 38% 6,200 8% 8% 8% 8% 8% 8% 8% 6,300 Feb 18 16 2,200 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 37,100 .No par 3 *30% 30% 29% 29% 29% 29% 29% 30% *29% 30% 29 29% 1,500 20% 21 20% 21% 20% 21 20 V* 20% 20% 20% 10,100 26% 26% 26i%t 26% *26% 27 27 27 14% 13% 13% 22% 14% 14% 5% 29% *84% 22 22 20% 20% pfd Pulp & Paper com—No par 26% 26% 113% , ' ,, 104 %J ,16 104 ,104% 104% 240 104 1 20% 21 27 16% 26% *26% 14% 14 14 13% 13% 13% 13% 13% 22% 22 22% 22% 22% 22% 22% 14% 14% 14% *14% 6% 5% 29% 30 29% 29% 14% *22 14% 14% 14% 400 2,200 6,000 15% 3,800 3,700 4,600 5% 5% 5% 29 29% 291/s 29% 29% 30 84% 84% 84% 84% 84% 84% 85 84% 84% ISO 22% 221/4 22% 22% 22% 23% X21% 22 21% 21% 9,000 20 2oy4 20 20% 20 y4 20% 20% 20% 20% 20% 26% 9,000 14,400 113% 200 5% 26 y8 114 84% 26% 6 26% 113% 26% 114 113% *106% 108 *106% 108 *106% 108 *106% 108 *106% 26% 26% 113% *106% 108 113% 26 26% 113% 113% 6 108 108 *106% 108 *107 107% 108 *106 y2 108 26% 1131/4 *5% 5% *107% 109 *107% 109 ~40 13% 13% 13% 14 13% 13% 13% 14% 14% 14% i4y8 14% 2,700 51% .. 53% 52% 53 52 52% 52 52% 51% 52 51% 51% 3,200 110 y4 *110 *110 i 4%% 85 113% -100 14% 14% 5% com *22 22% *22 111% 110 110 110% 111 110% 220 110 110 110% LOW AND HIGH 8ALE PRICES NEW YORK STOCK Saturday EXCHANGE May 20 tper share share 15% 13% STOCKS S per 15% *104% 29% West Va 53% May 20 110% May 13 16 16 16 104% 4.20% preferred series B—100 4.10% preferred series C 100 West Virginia Coal & Coke 5 109% Mar 24 16 104% $4 convertible preferred—No par West Indies Sugar Corp 1 7 16 y4 8% 104% t West Penn Power 4%% 16 8% 8% 1,800 104% West Kentucky Coal Co_ —4 West Penn Electric Co com—No par Feb 24 16 8% 2.50 Lowest Highest S per 29% 101% 38 y8 . Range Since Ian. 1 Highest Year 1949 $ per 29% *101% 39 38 39 5 Corp Wesson Oil & Snowdrift Range for Previous Lowest 29% 101% Webster Tobacco Inc.. 27% Feb 25 109% Feb 108 29% *101% Wayne Knitting Mills. Wayne Pump Co 23% Jan 18 107% May 6 107% Jan 13 Jan 29% 101 ya 38% 16% Waukesha Motor Co 23% Feb 25 108% Jan 108% 29% ♦ioiy8 38% 105% Petroleum 114 17% 29% 102% 37% Washington Gas Light Co—No par 111% Jan 16 108 29% *101 y4 105% Warren Not 115 29% 37% ' *i6y8 21% May 22 17% Mar 16 6% Mar 15 600 1 27 30% May 9 85% Apr 18 13% 29% 100 Foundry & Pipe Jan 11 100 13 101% 8% Warren 9 51% 13 29% 2.50 5%% preferred Warner Bros Pictures May 26 12% •101V* 37% 6 38% Feb *50 " 29 y8 No par (Hiram) G & W Walworth Co 1 15% Jan 16% 14% Jan 19% Feb Feb 27 xl3 — 105% May 16 16 V* Jan 24 15% Feb 14 24% Jan 28 3 Walgreen Co common——No par 4% preferred 100 4 Walker Deo 14% Sep 107 Feb 39% Apr 13 9% Apr 4 22% Jan 25% Jun Sep 32 preferred Waldorf System 105% Feb 17 28 11% 16% 7 14% Jan 10 30% Deo May Wabash RR 4%% 60% Mar Par $ per share Monday May 22 • Tuesday May 23 $ per share $ per share Thursday May 24 $ per % ' Friday Sales for May 25 Wednesday May 26 the Week $ per share share Shares 83/4 49% 2,400 5,000 16 16% 6,700 33% *31% 32% 333/4 *33% 34',4 69% 700 29% 69% 28% 29y4 25,200 26% ,26% 263/4 11,600 $ per share ' Feb 8% Deo 7% Jan 13 9% Feb 24 32% May 8% Feb 41% Dee X39% Feb 16 16% Dee 16 Jan I 51% Apr 25 19% Feb 21 21 Sep 33% Deo 31 Jan 3 35% Mar 22 20 Jun 30 Jan 28 Jan 3 34% Mar 29 66% Jan 3 5 53% Jun 70% Not 13 24 May 21% Jun Deo 19% Jan 13 34% Jan 24% Mar 30 30% Jan 13 73 Jan 4% 35% Apr 19 33 104 103 V* Jan 6 105% Feb 18 28% May 12 115 22% Feb 16 112 Feb 20 102 Mar Dee Deo 27% Apr 28 71~ Juiy Jan 3 89% Jan 81 23% Mar 32% Deo 30% May 22 12% Jun 16% Deo 15% Feb 8 18% Jan 32% Deo 31 Jan 4 28% Feb 34 Deo 33% Jan 12 14% Deo 12% Feb 16 5% Jan 3 48% May 4 7% May 4% Jun 7% Jan X42% Jun 57% Deo 12% 115 May 41 1 83/4 8s/B 83/4 49% 483/4 49 y4 49 16% 16% 16% 16% 16% 16% 16% 16% 16 1CJ/4 *32% 33% *32% 33 y2 *31% 34 *33% 34 333/4 *69% 70J/2 28% 26% 100 *32% 33% *32 33% 33% 33% *33% 34 69 69 *68% 69% *69% 69% 70 70 29% 30% 29% 3oy4 293/4 303/4 28% 30 26% 27 26% 27% 27 27% 26% 27 3.80% preferred series B——100 Weston Electric Instrument—12.50 •105% 105% *27% 28% preferred 35 35% *113% 31% 118 31% 90% Prior preference Feb 20 5 *113% *303/4 20% 44% 44% 44 44% 43 43% 35% *35 35% 423/4 *34% 6% 50 50% 503/4 10% 20% *141% 143% *141% Not 32% Jan 10 47% May 2 40% May 61 Feb 8 Woolworth No par 14 14 13% 14% No par *79 80 79% 10% 79% 10% 20% 20% Woodward Iron Co 3 (F W) 144 51 13% *79 51 14 793/4 35 V* 15 6 6% *50% 51 21% May 19 72 Oct 69% Jan 9 76 65 Jun 76 Not 74 Jan 4 86% May 22 18% Deo 68 Feb 89 Deo 83 Mar 29 66 Feb 82 Dec 80 Jan 8% Feb 12% Oct 25 10% Feb 16 89 Jan 9 100 43 42 »/a 42% 12,800 3,900 35 J/4 345/a 34% 16J/a 16% 17% 50 J/4 53/4 501/i 14 14% 13% 13% 80% *79% 793/4 *79 13% 6 500 11,600 10,600 50% 1,700 13% 15,600 79% 100 *10% 103/4 10% 10% 10% 10% *lOJ/4 10% 1,700 20% 20% 20% 20% 20 y4 20% 20% 20% 9,200 *141% *141% 144 141% 141% 39% *39% 40 *39% 393/4 39 39% 39 J/4 39% 700 47% 47% 48 47% 48 47% 48 J/4 47% 48% 12,400 21 21% 20% 20% 20% 74% 20J/4 20% 5,800 144 20% 21 20% 20% 74% 74 74% 73% 74 73% 73 73 *85 86 85% 86% 85 86 *85 86% 86 86 *83 85 *83 85 *83 85 No par *83% 85% Wrlgley (Wm) Jr (Del) Wyandotte Worsted Co 28 2,000 203/4 47% Wright Aeronautical 89% Apr 13 18% Jan pfd 4%% conv series 30% 39% 47% —.No par Prior preferred 4%% series—>100 Prior 90% 30 J/4 203/4 6 50 y8 420 90 J/a 21% 47% *39% 10 Common May 10 6 300 15,700 31 •79 Worthington Pump & Machinery 16% Mar 31 Feb 11% Jun X59% 14% ,, 40 10 Co 14% 6y4 20% 49% July *34% 143/4 6y8 *10% 35 35V* ey4 Wisconsin Elec Power Co com—10 6% preferred 100 Sep 433/4 35 6% 6% 50 43 ♦14% 900 , 121 91% 905/B 30% 143/* *116- 28 313/4 21% 50,200 35% 30% 903/4 14% 1 700 105% *27 y4 30% 203/4 15 35 *105 . 30 30% 22% Feb 25 Jun 30% 120 •90% in ' 30 ♦113% 30% 21 y« Wilson-Jones Co. 44 30% 120 90% 11% Jan 11 22 30 *my8 20%, 6 141% Apr 12 120 90% 10% Jan 1 *113% 30% 13% 19% May 12 120 20% Jun 139% Feb 35% 31% 15 , 28 90% *35 83/4 105% *273/a 20% 10 Deo 343/4 *105y8 28 90% $4.25 preferred Not 35% 105 y4 28 30 y8 Wilson & Co Inc 21% 343/4 105% 28 20y4 Feb 27 140 35% 105% 28 32% 14% May 22 Jan 34% 105 y4 27% 90% 4 • Jan 35% 31% 12% Jan 14% 1 105% 30% 77% Jan common 333/4 31% 5 Willys-Overland Motors common—J. $4.50 conv pfd series A—No par x27% .. 20% 20 Wilcox Oil Co 34% ♦105 Dec 128 83/4 49 79% Not Jan 8% 49 Jun 82 8% 49 70 8% Jun 8% 49% Western Pacific RR com—.No par Preferred series A———100 White Sewing Machine common—_1 35% May 23 17 % May 26 55% Jan 8% 49 $5 conv prior preference No par White Dental Mfg (The S S) 20 White Motor Co 1 Feb 27 21% May 24 45% May 1 7 8% 49 Wheeling & Lake Erie Ry— 100 Wheeling Steel Corp com new-.No par Apr 6 31% May 20 92 non-cum 2nd 8% 49 Westinghouse Air Brake.—No par Westinghouse Electric com—-12% 98% Feb Aug 26% Jan 1 Western Union Teleg class AJNopar 18 30% May 16 27% Feb 4 20% May 21% Jun Western Air Lines Inc. Western Auto Supply Co 10 Western Maryland Ry com——100 No par *833/4 5 *11% *83 85 84 84 84 12 11% 11% 20 Va 73% 833/4 84 843/4 843/4 843/4 *113/4 12 11% 113/4 34% 33% *141% *73 85 J/4 843/4 144 74 85% 84% 10 170 160 10 84 600 113/4 11% 800 *83% 113/4 84% 11% 33 1 19% 8 Jan 13 Jun 30% Jun 12% Jan 10% Feb 10 35% May 3 14% May 19 39% 36% Mar 14 43 Dec 27 34% 34% 33% 33% 33% 3,800 13% 14 .13% 133/4 13% 13% 3,800 42% 42% *41% 42% 42 42% 323/4 33% 33y8 33% 33% 333/a 33% 86% 33 Ve 3,200 853/4 86% 863/4 90 883/4 92% 92% 94% 15% 15y4 15 y4 35,600 15% 15% 15% 15% 15% 15% 15% 6,900 57 58% 56% 57% 56 57% 55% 553/4 52% 55 SV* 5% 5% 5 5% 14 Va 43 43 •42% 4 33 33% 33 33 13 94% May 26 85% 86% 86 3 15% May 26 Youngstown Sheet & Tube—-No par Youngstown Steel Door No par 15 15% 31% Jan 13 70% Apr 14 Zenith Radio Corp No par 57 57% 1 5 5% 26% Jan Dec 72% Jan 10% Jun 14% Jan 11% Jan 20% July 33% Dec 4% Oct 4% Jan 6 6% Apr 22 >yExftrfht8Pri0eS; ^ ***** 00 **** <**7* 4%% Zonite Products Corp 34% 133/4 43 13% 43 77% 34% 14% 42% 28% Not dividend 34% 14 % Jun Feb 34% —1 -50 convertible preferred. Young (L A) Spring & Wire.No par 53% 3% JS§ May 20 33% May 6 30% May 16% Jun Jan Yale & Towne Mfg Co. York Corp common. 5% 13% receiversWp- °r petition baa bean filed for oompany'a reorganisation, a Deferred delivery. rCash 5 / 5 3 5 1,100 11,300 5,000 a Special salea. wd When distributed. xXx- Number 4911 Volume 171 . . The Commercial and Financial Chronicle . Bond Record (2217) New York Stock «» FRIDAY Th® italic letters In the column headed WEEKLY - "Interest Period" Indicate In each Figures after decimal point represent one or the month when the case 82d more of a Year 1949 103.28 Dec 103.28 108.13 Jan 108.13 Jan May 1 111.10 May 110.23 Mar 108.4 1 102.31 Jan 102.31 Feb 104.9 May 1 Feb Oct 102.1 Mar 104.15 103.8 July 103.8 Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury July l6T.13 Jun Feb 103.2 100.18 Jan 103 25 103.19 Dec Jun 102.19 Apr Aug 100.28 102.19 Apr 25 102.14 Apr 25 101.12 Feb 101.7 Aug 102.30 Feb 105.4 100.13 Jan 102.30 100.17 Feb 101.18 Aug Sep 101.3 Jan 101.8 2 102.18 Feb Jun 101.8 Feb 101.23 May 102.14 Apr 25 102.23 Feb 1 24 101.17 May 24 103.9 Jan Jan 101.18 Feb Jan 103.16 • High , Tuesday May 23 Low Low High SALE PRICES High 102.22 ♦102.20 102.22 •102.20 102.22 •102.19 102.21 •102.20 .1955-1980 •108.8? 108.11 •108.8 108.11 *108.8 108.11 al08.7 108.7 •108.8 108.11 •108.7 108.10 .1951-1954 •101.28 10.1.30 ♦101.28 101.30 ♦10i.28 101.30 *101.28 101.30 •101.27 101.29 • 101.28 101.30 .1958-1959 •109.18 109.21 •109.18 109.21 •109.18 109.21 *109.18 109.21 •109.18 109.21 ♦ 109.19 109.22 .1958-1983 •111.18 111.21 •111.18 111.21 ♦111.18 111.21 •111.18 111.21 •111.18 111.21 *111.18 111.21 .1960-1985 •113.19 113.22 •113.19 113.22 ♦113.20 113.23 *113.19 113.22 *113.19 113.22 •113.20 113.23 .1950-1952 •100.17 100.19 ♦100.17 100.19 *100.17 100.19 *100.17 100.19 •100.16 100.18 •100.16 100.18 -1952-1954 *102.2 102.4 *102.2 102.4 •102.2 102.4 *102.2 102.4 •102.2 102.4 •102.2 102.4 •105.6 105.8 *105.6 *102.21 102.23 •102.20 102.22 2%a___ -1956-1955 ♦105.6 105.8 ♦105.6 105.8 •105.6 105.8 •105.6 *103.20 103.22 •103.20 103.22 *103.21 103.23 •103.20 103.22 •103.21 103.23 •103.21 103.23 1963-1966 •103.2 103.4 •103.2 103.4 *103.1 103.3 *103.1 103.3 • 103.4 •103.2 103.4 1964-1969 *102.18 102.20 *102.18 102.20 *102.18 102.20 *102.17 102.19 *102.18 102.20 •102.18 1964-1969 *102.12 102.14 •102.12 102.14 •102.12 102.14 •102.11 102.13 •102.12 102.14 *102.11 102.13 1965-1970 •102.7 102.9 *102.6 102.8 *102.6 102.8 ♦102.5 102.7 •102.6 102.8 •102.6 102.8 1966-1971 •102.5 102.7 102.7 •102.4 102.6 *102.5 102.7 2%s Dec 3%« 2%« ! 105.8 103.2 102.20 *102.5 102.7 •102.5 102.7 2%» Jun 1987-1973 *101.19 101.21 *101.19 101.21 ♦101.19 101.21 •101.19 101.21 •101.19 101.21 *101.19 101.21 2%» Sep 1967-1972 •105.11 105.13 *105.12 105.14 *105.11 100.13 •10a. lu 1'* 1 •105.10 105.12 *105.9 105.11 -Dec 1967-1973 *101.19 101.21 *101.19 101.21 •101.19 101.21 •101.19 101.21 •101.19 101.21 ♦101.19 101.21 2%» *102.5 ' . 2%a_ 1951-1953 *101.31 102.1 *101.31 102.1 *101.31 102.1 •101.31 102.1 •101.31 102.1 *101.31 102.1 2%a. 1952-1955 *101.26 101.28 •101.26 101.28 *101.26 101.28 ♦101.26 101.28 •101.26 101.28 *101.26 101.28 2y*i_ 1954-1958 *104.23 104.26 *104.23 104.26 *104.23 104.26 •104.23 104.26 •104.23 104.26 *104.23 104.26 2Y«a 1956-1959 •104.5 104.7 *104.5 104.7 ♦104.5 104.7 *104.5 104.7 •104.5 104.7 *104.4 104.6 ay4s 1959-1962 ♦101.20 101.22 *101.19 101.21 ♦101.19 101.21 •101.19 101.21 *101.19 101.21 *101.19 101.21 1959-1962 *101.17 101.19 ♦101.17 101.19 *101.17 101.17 101.17 *101.17 101.19 *101.17 101.19 2a 101.19 Sep 1950-1952 ♦100.10 100.12 ♦100.10 100.12 *100.10 100.12 *100.9 100.11 *100.9 100.11 2s 100.12 *100.10 lm-iaos ♦100.30 101 *100.30 101- ♦100.30 101 *100.30 101 •100.30 101 *100.30 100.31 101.3 2%s Dec 2a - 1951-1955 •101.1 101.3 •101.1 ♦101.1 101.3 •101.1 101.3 *101.1 101.3 ♦101.1 Jun 1952-1954 *101.11 101.13 *101.11 101.13 *101.11 101.13 *101.11 101.13 *101.10 101.12 Dec 101.13 *101.11 2s 1952-1954 •101.19 101.21 *101.19 101.21 *101.19 101.21 •101.19 101.21 •101.19 101.21 *101.18 2s_ 1953-1955 101.20 •102.31 103.1 *102.31 103.2 *102.31 103.2 *102.31 103.2 •102.31 103.2 *102.31 103.2 i960 ♦100.6 100.8 *100.6 100.8 ♦100.6 100.8 •100.6 100.8 •100.5 100.7 •100.5 100.8 1972 *103.12 l%a Bank for Reconstruction A Development Deo 103.7 Feb 16 103.18 Jan 9 25-year 3s 103.16 *103.12 103.16 ♦103.12 103.16 103.16 •103.12 101.4 *100.28 101.4 ♦100.28 101.4 *100.28 101.4 •100.28 101.4 ♦100.28 101.4 101.8 *101 101.8 *101 101.8 *101 101.8 •101 101.8 *101 101.8 *100.28 101.4 *100.28 101.4 *100.28 101.4 •100.28 101.4 *100.28 101.4 ♦100.28 101.4 *100.16 100.24 *100.16 100.24 ♦100.16 100.24 •100.16 100.24 •100.16 100.24 *100.16 *100 100.12 *100 100.12 *100 100.12 *100 100.12 •100 100.12 *100 *99.20 100 *99.20 100 *99.20 99.8 *98.28 99.8 *98.28 99.8 *98.8 98.20 *98.8 98.20 ♦98.8 *97.24 98.4 *97.24 98.4 *97.24 2s serials of '50 due Feb 15 1962 *97.16 97.28 •97.16 97.28 *97.16 asked price. No sales transacted this day. a Odd lot transaction, redemption (2l/2s due Sept. 15 1950-52, Sept. 15, 1950 at par) r 103.12 103.16 100 •98.28 99.8 •98.20 99.8 *98.28 99.8 98.20 •98.8 98.20 •98.8 98.20 *98.8 98.20 98.4 •97.24 98.4 •97.24 98.4 •97.24 98.4 97.28 •97.16 97.28 *97.20 98 •97.20 98 Registered bond transaction. " due Sept. 15, 1950-52, Sept. 15, 1950 at par). ■> l:v BONDS ' New York Stock Interest Exchange Period Last ' Sale Price FOR WEEK ENDED MAY or Week's Range Friday Bonds Friday's Low . 26 Week's Range Bid & Asked Bange Since Sold ' No. High 100 (2s RANGE Friday 100.24 100.12 ♦99.20 100 •99.20 ' *98.28 2s serials of "50 due Feb 15 1961 96.24 Mar 23 103.12 *99.20 100 2s serials of '50 due Feb 15 1960 96.24 Mar 23 6,000 103.16 *100.28 *101 2s serials of '50 due Feb 15 1958 28 serials of '50 due Feb 15 1959 for 4,000 101.3 2s 2s serials of '50 due Feb 15 1956 2s serials of '50 due Feb 15 1957 and 3,500 105.8 -1962-1967 2%a_ 2s serials of *50 due Feb 15 1953 •Bid Bonds ($) Low Low 2s serials of '50 due Feb 15 1954 2s serials of '50 due Feb 15 1955 tCalled the Week May 26 High May 25 Hirh May 24 Lew High Sales for Friday Thursday Wednesday 2%a. International 99.11 .1951-1988 2%»- Treasury Treasury Treasury Treasury tTreasury Treasury Treasury Treasury Treasury Treasury Treasury 102.18 Feb Monday May 22 May SO Low Treasury 3s Treasury 5%sZ Treasury 2%*_ Treasury 2%a_ Treasury 2%a_ Treasury 2%a_ ITreasury 2%s_ 1 Jan 104.9 Saturday EXCHANGE 111.10 May 110.23 Mar bonds NEW YORK 8TOGK Dec 108.4 LOW AND HIGH government Range Since Jan. 1 Lowest Highest Highest bonds mature. point. Range for Previous Lowest Exchange YEARLY - , BONDS Interest Last Jan. 1 New York Stock Exchange Period Sale Price . Low New York City Transit Unification Issue— Friday's or Bid A Asked High Low High Bonds Range Since Jan. 1 Sold No. Low High 76 .June-Dec *75 79 69% 3%s series No. 10 June-Dec *75 73 67% 76% 3 %s series No. 11 June-Dec •77 63% 65% 8%s series No. 12 June-Dec ♦77 66 8%s series No. 13 June-Dec 8%fl series No. 9 8% Corporate Stock 1980 .Jane-Dee 109 : 109^ 10953 38 108ft 110 « 75 •76 80 66% 78 8%s series No. 14 June-Dec •75 77 63% 76 8%s series No. 15 June-Dec *75 64% 75% 65 75 8%s series No. 16 June-Dec » June-Dec 8%s series No. 19 June-Dec •75 3%s series No. 20 Securities ♦75 17 8%s series No. 18 n June-Dec 3%s series No. : June-Dec •76 80 •76 80 75% June-Dec <y«s series No. 21 June-Dec 8%s series No. 22 June-Dec 8%s series No. 23__ 75% 64% 74 67 72% 70 76 78% 78% 65% 78% 75 75 63% 76 76 64 77% •75 June-Dec i%s series No. 25 ■"* 65% 75% 75 •' Wertheim & Co. 78 *78 Mi June-Dec 8%s series No. 24 77% ; ■ Members New York Stock Exchaogo REctor 2-2300 120 Broadway, New York ; 76 76% *75 68 74 •75 64% 76 June-Dec •77 65 70 June-Dec •77 66 78 June-Dec •77 65 8%s series No. 26 8%a aeries No. 27 i—. 8%a series No. 28 NY 1-1693 . June-Dec 3%s series No. 29_ Teletype June-Dec 3%g series No. 30 T elephona 4 Foreign Government and Municipal Agricultural Mortgage Bank (Colombia)— r V S A Guaranteed sinking fund 6s 1947 Feb-Aug A Guaranteed sinking fund 6s 1948 April-Oct Akershus (Kingdom of Norway) 4s 1968 Mar-Sept lAAntloqula (Dept) collateral 7s A 1945 Jan-July i A External sinking fund 7s ser B 1945—Jan-Jutp 8 A External sinking fund 7s ser C 1945—Jan-July I AExternal sinking fund 7s ser D 1945_Jan-July AExternal sinking fund 7s 1st ser 1957—April-Oct 103% 103% 103% 4 101% 104% 103 >/4 103% 103% 8 101% 104 % Jaws-Dee 9911 99 SB 99% 7 99 SB 101% (Dept of) 30-yr 3s s f $ bonds 1978-Jan-J*Iy Canada (Dominion of) 4s 1960 April-Oct 38% 38% 38% 21 AExternal sec sink fund 7s 2nd ser AExternal sec sink fund 7s 3rd ser 80-year 3s s f $ bonds 1978 Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 10-year 3 Vis 1956 10-year 3%s 1957 20-year 3%s 1967 20-year 3%s 1966 15-year 3%s 1962 Belgium (Kingdom of) 6s 1955 June-Dec Jan-July (U S of) external 8s reduced to s f 3.375%) 6%s of Stamped pursuant 52% ■ ' reduced to 3.375% ) A7s (Central Ry) reduced 3.5%) to ■ . __m 54% 46% 53 52 52% 5 46% 53 46% 54% 51% 51% 1 *51% 52 % mm-J 51% 1 37% 52 5 33 38% 102% 102 102 % 7 103 103 47 53 46% 54% 46% 53 35 40% 101% 104% 102 104 118 97% 32 94 y8 98% 97% 11 94 y4 97 % 97 97 97% 34 88% 97% 98 97% 98 10 90 98 Feb-Aug Jan-July 96 96 96% 12 106% 106% 1 — -- June-Dec 114% 115 28 1957 107% 22 101% 103 Jaw-July AExternal sinking fund 6s Sept assented AExternal Sept 1961 101% 101% ♦54% 38 60 10 •35% 28% 34% 48 36% 48 35% 36 28% 36 ♦48 36 36% 35% April-Oct 35% 36 48 35% 46 28% 46% 35% 46% 28 *35% 35% 28% 45% ♦48 —Aprll-Oci 35% 114% 34% 116% 73 86 13 53 65 3 73 85 20 53 65 69 69% 17 *84% For 64% 64% 64% 85 85 63% 64%* • Financial Inetitatione FOREIGN SECURITIES ♦89 FIRM TRADING MARKETS 76 89 71 71% 41 57 71% 69 — 71% 69% 32 51% 70 80 81 3 67% 81 — . ' • — April-Oct (Plan B) , s — June-Dec l%s series No. 5 3%a series No. 7 June-Dec 3%s series No. 8 June-Dec 80 June-Dec June-Dec 77 77 — ~ 1 65% 77 76 % 14 65% 11 65% 76% 83% 65% 83% 73 73 67% 77% P.ABL MARKS & P.O. Inc. FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 4, N. Y. 76% 76 % 81 — 76 75% 76% — June-Dec *75 80 *75 80 11 r —— Telephone HAnover 2-0050 48 28% 36% 36 *48 •48 1962 40% 47 48 36 1961—Mar-Sept Mar-Sept sinking fund 6s 1962 60 35 36% 38% ♦48 May-No® April-Oct April-Oct AExternal sinking fund 6s Feb 1961 Feb-Aug Ads assented Feb 1961 Feb-Aug ARy external sinking fund 6s Jan 1981—Jaw-July Ads 101% (Interest June-Dec 102% 106 91% 2 — June-Dec 20 100% (Interest 3%s series No. 2 8%s series No. 3 3%s series No. 4 page 1942 70 91 % funding bonds of 1931 due 1951. Stamped pursuant to Plan A (Interest see 67 25, 106% 107% 55% 91% 69 April-Oct 40% 100% 101 106 100% 96% 106 •% For footnotes 35 (interest 1978 reduced to 3.375%) 1979 External dollar bonds of 1944 3%a series No. 1 ,1 A7s assented AExternal sinking fund 6s 1960 Ads assented 1960 Ads assented 75 — — 83% Jaw-July 25-year 2%s 1974 Mar-Sept A Carlsbad (City) 8s 1954 Jan-July Canca Val (Dept of) 30-yr 3s s f $ bds 1978-Jan-JuIf i AChile (Republic) external s f 7s 1942 May-No® 25-year 3V*» 1961 Ads assented Jan 1961 103% 97% 97 97% April-Oct A 46 y4 1 52 38% June-Dec Plan 2 52 June-Dec 1952 Stamped pursuant 96 52% June-Dec 1979 A • _ June-Dec due Plan 93% 52 51% ■ June-Dec 1979 1927 to 77% 52 *95% 52% 8tamped pursuant to Plan A (Interest reduced to 3.5%) 1978 April-Oct AExternal s f 6%s of 1926 due 1957 April-Oct AExternal .A'* ' June-Dec A 76% h ' '■ Feb-Aug 1941 Stamped pursuant to Plan 75 71% ♦76 1957-April-Ocf 1957-Aprll-Oct Jan-July External sinking fund 7s 1955 IA Brazil Oaldas *76 65 Jfor-Sept Feb-Aug (City) sinking fund 5s 1957 Sinking fund gold 5s 1958 Sinking fund gold 6s 1950 Brisbane Teletype NY 1-971 25 The Commercial and (2218) 26 Financial Chronicle ... Monday, May 29,1950 NEW YORK BOND RECORD RANGE Friday Interest BONDS New York Slock Exchange or (Republic) Sold High r, Jan. I ,• 1957 Period *35 Vi 28% 35 June-Dec *35Vi April-Oct 49 47 , . May-Nov 28% 33Va 49 ya, 49% 39 49Va 35% Vi April-Oct sinking fund 6s 1962 36 37% 36 44V4 28% *48 35% 28% 35% 36% 48 28% 34 39 40 * — , *48 Bonds % Range Since Sold High \ No. 56% 56 assented May-Nov AChflean Consol Municipal 7s 1960 A 7s assented 1960 : * ' AChinese (Hukuang Ry) Colombia 5s 1951 (Republic of)— A6S Of 1927 *48 V *35 W — — *65 — 28% 57 April-Oct *85 1961 87 *85 ———Jan-July 90 46 Vi, sinking fund dollar bonds • 1970—-April-Oct lAColombia Mortgage Bank 6%s 1947 April-Oct SASinking fund 7s of 1926 due 1946 May-Not) lASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952— June-Dec 25-year gold 4 Vis 1953-. -May-Nov ACosta Rica (Republic of) 7s 1951 May-Nou Cuba (Republic of) 4%s external 1977 June-Dec Cundlnamarca (Dept of)— • * 30-year 3s sinking fund $ bonds 1978 Jan-July Czechoslovakia (State)— > Stamped assented (interest reduced to 6% ) extended to 1960 April-Oct lADenmark 20-year external 6s 1942 Jan-June External gold 5Vis 1955 —*.Feb-Aug External gold 4 Vis 1962 4s (Republic of)— - - s f dollar s 8s extl f dollar bonds Jan AEstonla (Republic of) ■■ 72 75 10 56 65 68 64% 77 1 *73 " .• *„ Irish Free State Italian — 90 series Italian . 51 - " 38 51 » % 52 ' 99 96 Va 99 sink extl fund f s 5s l-3s 50 95% 96 V2 67 85% 97% - » 86% 87% . 30 75% 92% T — 73% 80 : 63 55% -63 *10V| ; 15 ' 86 % • *79% ' 63 ■ *54 • 49% v 10 - - i 2 10, 71%.* 1977 38% 38% ... 39% 36Vi 35Va '•* 36 Va 35% 11% April-Oct —-June-Dec 58% 61 Va 11% 61 Va 38% *51 38 -Jan-July ' • 41% 62 58% 61% 1 (1942 16 Vi 11% .46% 5% 6% —• (Republic of)— IA5s of 1899 due 1945 * . ,• \._V" : -3. A / — — ASmall A5s A new assented (1942 agree't) A4s of * assented 1910 ment) due 1954— (1942 agree't) (assented to 1963—"Jan-July 1913 (assented to 9% , 1963—Jan-July (State)— pursuant A Stamped pursuant to reduced to 2.125%) Plan A Mar-Sept Mar-S"pf 5% 10 7% 60 first *79 98 99% 100% 92% *101% , 79 101 90% 99% 100 Va 100% 100% 89% 106 95% 100% „ 99% 99% 104% 74 ■:. ,•»—■ *99% 100% *91 107 103% 86 104% 105% *103% 104% 98. 60 104% *105% 106% 99% 100% 74 99% 34 99% 96% 24 95% 973/, 114% 115 Va 96% 434 107% 115% 16 99% 100% 96 - A 99% 99% 101 % 102% 102 % 6 119% 119% 120 % 559 109% 120% 106% 106 106 Va 40 105% 1063/, .June-Dec 130% 1959_ 101% 103 129% 129% 130% 627 115% ._Feb-Aug 100% 100% 100% 94 100% 101% 1962- .April-Oct 103% 103% 103% 41 103% 104% .April-Oct 104% 104% 104%, 31 104% 105% 1971 Co debenture 3s Products Co 5s Quar-Jan *80 90 .April-Oct 1966 *80 83% 76% 85 80 . 84 v Fe— .April-Oct 127% 127% 127% 40 127 _May-Nov 119% 119% 121% 12 119% 121% 104' 104 ^ 104% 103 104% 103 % _May-Nou first consol 4s July 1952 _Mar-Sept General unified 4%s. A 1964—— -June-Dec Atlantic Refining 2%s debentures 1966— _Jan-July : Coast 103% 103 103% 102% 104 101% 7 101% 101% 1313/g 91 102% 104% 47 102% 107% 4 101% 1023/4 82 88% 94 51 91% 98 129 56% 65% 129 55% 64% 56 643/4 74% * .... ■ B 9% Baltimore & Ohio RR— V : > First mortgage 4s series A July 1975—April-Oct First mortgage 5 % series B (4% fixed and 1% contingent interest) July 1975_April-Oct 12 7 , 13% 13% 56 61% 33 Series G due Dec 38% — 49 5s *37% 100 V« 32 37 — 99% 100% 26 99 Vi 100 96% 100% 7 95% 99 Va 99% 16 96% 99 Va 14 93% 99% 97 Vi'* 97 Va 92 97% 98% ' 1 99 Va 2 98 1 *99 95 ' 100 99% 99 ext to May-Nov 1994_ s f 6s 1st ——Mar-Sept 1959 series 1960 (Republic of) gold 6s 1940 iAStabilization loan A^*Vis assented pursuant stamped pursuant (interest reduced to 2.25%) Stamped (City of) pursuant to reduced to 2.375%) AExternal secured 6Vis Stamped pursuant reduced to 2%) to 8s 37% 2 27% 27% 16 27% 27% 3 Plan Jan-July 7% reduced to 2.5% ) 1999 A«s external sinking fund gold pursuant to Plan pursuant to Plan (interest reduced to 2.25% ) For footnotes see page 29 l 44 31 38 22% 29% 22 29% 22 Va 29% 8% 8% — 7% 3 . 14 •8% 15% 7% 9 7% 10 7% 9% 1 1996 41 Jan-July *37 40 *54 5 general and Series due A to contingent Dec 39 Va 39 Feb-Aug 70% 69 Va 70% 121 65% 47% 46 Va 47 Va 371 45% 53% 85% 86 % 13 50 50 37 Va 36% 39 Vi - 50 60% 4 72 interest)— June-Dec 85% 1980_Jan-July 67% 67 67% 24 65% 71% ."' First lien and ref M 4s series D 1985_Jan-July Bangor & Aroostook RR— 76% 76 77 39 76 82 Jan-July 88 % 88 88 % 20 87 Jan-July 88% 88 88 Va 18 S'western dlv first mortgage 5% (3%% fixed & 1%% conting int) Toledo Cincinnati Consolidated Bell refunding stamped 1951 Creek Extension Beneficial Industrial Steel A 1951 4s first 3%s Telephone of Pa 5s series Bethlehem ser division Loan C 1951 April-Oct April-Oct 1960 2%s debs 1961_May-Nov mortgage 2%s series I 1970 Consol mortgage 2%s series J 1976 Consol & 121% 121% 99% mortgage Maine series 3s K May-JVou 1979- 101% Jan-July series 5s AC 1967 Mar-Sept _May-Nou 1970—May-Noo mortgage 2%s 1976 Jan-July Niagara Eieo first mtge 2%s 1975_May-Nov Rochester & Pittsburgh Ry— Stamped modified 4%s 1957 May-Nov 50% 55 Bush 3 37 % 10 19 101% 101% 9 *75 *102% *__ 93 121% 122% 99 99 Va 100% 102% 101 102 104 105% 75 77% 102 — 83 102% 70 71 Va 70% 71 Va 14 70% 78 46% 45% 46% 54 45% 56% (Ernesto) Co 7s 1954 Feb-Aug Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union.Gas 4s debentures 1969—Mar-Sept — 99 Va *104% 105 ABreda Bush Terminal 7 101% 101% Jan-July 5s series II 1955— First mortgage 4%s series JJ 1961——April-Oct First mortgage 4s series RR 1960 Jan-July AInc mortgage 4%s series A July 38 93 100% RR— First mortgage First mortgage 33% 87 100% — Corp— Consol Boston *100% 59 *104 59 4 102 105% 105 Va 101 Va 101% 6 100% 102 101% 101% 12 101% 103% 105 103'/a 104 Buffalo 104% 41% 1 (interest 44 % 37 Va 54 61% 5s first 4s 1952 1955 Buildings April-Oct gtd 65 % 66% 55 *101 Va 102 _Jan-Juiy — 5s 65% 99 I960— —April-Oct *106 Va 99 62 101% "7 69 102% 100 106 — 98 106 50 32 Terminal Co C April-Oct 37 Va *61 18 — (interest April-Oct *44 1968 June-Dec (interest *48 Va 37 California Electric Power lirst 3s 1976 California Oregon Power 3%s 1974-11 Canada Southern consol gtd 5s A 1962 Canadian National Ry— , 38% 50 — 46% Guaranteed 43% 49% Guaranteed gold 4%s 1955 Guaranteed gold 4%s 1956 Guaranteed gold 4%s 1951 gold 4%s 37 37- 3 31% 37 May-Nov 55 Va 55% 2 48% 55% Canadian 41% 41 % 5 34% 42% 1957 June-Dec 103 Va May-Nou April-Oct 104% 104% 104% 4 103% 104% 48 105 104% 105 100 104% 116Va . Jan-July June-Dec 114% 114% 8 114% 112% 112% 5 112% 114% 112% 112% 112% Feb-Aug 15 112% 114 Capital Airlines, Inc— 1966 (interest 2004 59% 59 Va 59 (2%% 1995 1 58% 58% " 89% Consolidated ' ) 59% A4%s convertible income Feb l 2010———May Pittsburgh Like Erie & West Virginia— Refunding 4s series A 1980 May-Noo 39 (interest Plan 6% mortgage 3%% J 37% — ■ 91% 59% —— „ - 90 59 Va General 40% ■ ■' Mar-Sept Mar-Sept 2000_ March June-Dec due pursuant 9 *40% June-Dec ir«^UCe? t0 2}i%) 2004 stamped 1967 A 105 44 Vi', 91% 91% Buffalo Jan-July Feb-Auo A 2 96% 103 A 2012 Plan - 8% 103 A Anril-Oct A 88% 7% — *7% 2006 2001 Plan 8 Va *13 April-Oct Plan 4 •«-— 8% 2001 A 27% *7% April-Oct 1953— reduced to 2%) 2012 ATs external loan of 1926 27% *7% v (State of)— |A8s external loan of 1921 1946 to 27% Jan-July 1946 Plan 37 Vi 27% •to Grande do Sul pursuant 37% 27% 1950 to 2 — June-Dec April-Oct to (interest reduced to 2.375%) lARlo de Janeiro 1947 6 *44 April-Oct sink fund 7s 1968 AExternal sinking fund gold 8s A4Vis assented 1963 Porto Alegre (City of)— 8* 1961 stamped 95% 103 y8103% April-Oct 1958 102 95% Mar-Sept an extl s f 6s 2nd series 1961„_April-Oct A4Vis assented March due 4s ♦100 June-Dec 5 89 , June-Dec due fixed 99% 99 Vi 99 1995— 1 K Beech 1963 2.125%) 2008 (Republic of> external 7s extl Series 49 •* ; Refunding and general mortgage 5% (2% fixed and 3% contingent interest)— Series M — * ■■■ 89. ■ri — reduced to Stamped 7 2 *104 99% gold 4s July 1995-. — *49 (interest External secured ref 3 •. 1 COMPANIES 114% "9% 11% 57 • *37% Vis series B 1967—Mar-Sept lAPernambuco (State of) 7s 1947Mar-Sept Stamped pursuant to Plan A (interest Stamped 92% 102% Stamped 4s July 1 1995 Atlanta 81 Charlotte Air Line Ry— First mortgage 3%s 1963 t (Republic) AStamped assented Stamped mod 3 Vis T« ~1 13% 13 Va 56% April-Oct Stamped 80% 92 86 .June-Dec debentures Tobacco Ref ': and 2008— Mar-Sept (Kingdom) 33/4s 1957 May-Nov Norway (Kingdom of) 4Vis 1956 Mar-Sept External sinking fund 4Vis 1965 April-Oct 4s sinking fund external loan 1963 Feb-Aug 3Vis sinking fund external 1957 April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec Oslo (City) sinking fund 4Vis 1955 1966 INDUSTRIAL 7% (interest - Netherlands TVis 79%. 79% 6 "0% li 10 *48 Mar-Sept 2008 lAPoland 95 82% 9 1957—— .June-Dec Arbor P W • Plan , 93 86% 83 .June-Dec Atchison Topeka & Santa General 4s 1995— . ASecured extl sinking fund 6 Vis 1959 » 9% 9% 13% ———April-Oct 1952— to loan 81% 94 79% 100% 1969 V.i *13 6 Vis reduced to 2.125%) • 6% I agree't) ASecured etl sinking fund 6Vis 1958 ANat 10 jan-July assented (1942 Mlnas Geraes APent 11% """ 1922 1933 (City of) Panama 5 Va , 90 *— ._Feb-Aufif .April-Oct _Jan-JuIy " 6s of ASmall Stamped 9% 8 9% (1942 agree't) ASmall A Milan June-Deo 88 ___2 agreement) new 9% — : 1961 debentures Jan-July assented tATreasury A 6s 12 11 agree- ASmall . 12 1968—Jan-July 1922 1945 new *11 90% ' April-Oct : 1973 debentures Atlantic ASmall A4s 10 11 assented to agreement) new of ~1 12 *11 _ 211 1904 (1922 A4s IA 4s 12 1963—Jan-July Large ASmall 89% 88 June-Dec — 1982— Ann 1945—Quar-Jan . 9 *80 ' 1966— June-Dec 1986 debentures 3s _-- (1922 agreem't) A Large 89 % . 12 AND 1975 2%s ASmall |A5s assented 14 963/4 134% 134% — April-Oct debentures 3s debentures American ; 92% *121 first 3V8s convertible ,a"r\ . : *134% Southern Power 3%s debentures v — 11 6 Va *126 Feb-Aug 1952 7s 1980— 2%s 6% Quar-Jan A Large «. Electric Co 2%s debentures .',1987 2%s convertible debentures 6% , 96 Feb-Aug - 2%s debentures 1968—Jan-July 14% 10 8 96 _l Feb-Auy —May-Nov 1958 7s 2%s deductions , — Mexico 1958 2%s.. debentures 54.. 40% 35 1943—May-Nov agreem't) 1968 Jan-July American Bosch Corp 3%s s f debs 1964_ May-Nov American & Foreign Power deb 5s 2030—. Mar-Sept American Telephone & Telegraph Co— - assented A Small external 2%s convertible Mexican Irrigation— |A4Vis assented (1922 agreement.) A4 Vis small 1943 ANew (City) American Airlines 71. 2 *6% 14% 9% 2 18% 3%s 1967— May-Nov mortgage 3%s 1972 iJan-Jxily Albany & Susquehanna RR 4%s 1975 April-Ocf Alleghany ft Western 1st gtd 4s 1998 April-Oct Allis-Chalmers Mfg 2s debentures 1956 Mar-Sept 62 4 14 11 9% (Dept of) assented A4%s Alabama Great 41% 35 8 11% 38 73 21 Cauca Warsaw Alabama 34% 52 Va . i 38 11 —June-Dec sinking fund 6s 1960 sinking fund 6s 1964 May-Nov (dollar bond of 1937) — External readjustment 1979—„——May-Nov External conversion 1979-1.— —May-Nov SVa^ya^^s external conversion 1978,—June-Dec 4-4%-4%s external readjustment 1978—Feb-Aug 3%s external readjustment 1984—-Jan-July 11% 3%-4-4%s A Adriatic 48 81 * . 11 11% May-Nov June-Dec 1962— 1958 7s RAILROAD 71% i 36% 58% , 85 66 r • 103 '71 82 72 — May-Nov external ll7/a " 62% 57 *70% 13% 59 Jan-July Jan-July 7s 1957 9 73% , i 36% June-Dec (Colombia) 6 Vis 1954 30-year 3s s f $ bonds 1978 - 101% Mar-Sept 1952 AMedellin , 15 , A Italy (Kingdom of) 7s 1951 A Jugoslavia (State Mtge Bank) ,\10% '• • r: ' 9% *101 Jan-July ; 1 71 , May-Noo 1977. 10% 10% 1 55 11% >11% 85% 67 (Kingdom)— 1958 'SeeCauca Valley A 80 —— 72 Jan-July AExternal 99% 73% — *— April-Oct 2012 1962 external assented 89, 67% ' 5 A 2%) AExternal - 55 90% 4 * 1960 — Utility— Credit Institute 1% to 3% 40% 39 V4 of) 71% Mar-Sept 1968 Plan to 87 , Sydney County Council 3V2S 1957— f AUruguay (Republic) external 8s 1946 114 35 to external (Prov A4 Vas * May-AToo 1947 7s ' 99 -Jan-July Public AExternal ' 38 - extl B 109 2 loan series B secured . 28 1 A7s ASilesia 87 19 Va secured ♦ Italian Credit Consortium for Public Works 1% to 3% 1977 —Jan-July IA 7s 69 90 A8s ' 48% - 72% dollar pursuant (Interest reduced 71% 71% 2004—Jan-July 2.25%) to Serbs Croats & Slovenes ' 38% z _Feb-Auff external 6Vis 1960——April-Oct: (Republic) 28 , v 77% 15 110 Vi 111 Vi 1968 (City) 19 82Vi Va * i 48% — 82 Stamped 47% \ 53 87'/a reduced external AOs 87 #491/3 47% *48% — 1 26 791/4 40% 43 — *51% 86 % 87 ■* Jan-July to Plan A pursuant (Interest Valle Del 1 1964 AOs part paid Helsingfors . 28 Man-July 1976—-Jan-July 1976 Man-July , part paid Stamped « », 1967 7s 87%. 1976 1 Greek Government— A7s - 7 781/4 47 Vi *51% f dollar bonds Jan 1 bonds Jan 46% *51% -April-Oct 8%s extl extl 33% reduced to 2.5% ) 1999i— A7s external water loan 1956, — 63 — 64% (interest Plan A to pursuant • « 3s ext El Salvador « % '■ 7 * Jan , 4'/a — [ *4% Stamped 61% ■ *75 . # I , 1928 Oct 1961 A6s of *35Vi Mar-Sept Mar-Sept June-Dec 1962 High — . A 6s Jan. I Low 4 *70 ASao Paulo 35 Vi 40 36 June-Deo 1961 26% 41 *48 June-Dec sinking fund 6s 1961 35 Va Friday's 56 56% (City of) 6%s 1952 April-Oct (City) 8s 1952—— May-Nov Stamped pursuant to Plan A (interest reduced to 2.375%) 2001 May-Nov A6%s extl secured sinking fund 1957—May-Nov Stamped pursuant to Plan A (interest reduced to 2%) 2012 May-Nov San Paulo (State of)— ' 8s 1936 stamped pursuant to Plan A (interest reduced to 2.5%) 1999 Jan-July A 8s external 1950 Jan-July 34 % Vi or Bid & Asked Low 46% June-Dec 1957 6%s assented 1961 AGuaranteed Last Sale Price Low* High No. 39 35 Week's Range Interest BONDS New York Stock Exchange *43 1993—June-Dec 2-3s ASlnking fund 6%s 1961 A6s assented 26 ... „ May-Nov Mortgage Bank 6%s AGuaranteed Range Since May-Nov 1963 A6%s assented MAY ARome 1963 Extl sink fund dollar bonds A Chile Bonds cont /^External sinking fund 6s A 6s assented ENDED Friday Range Friday's Bid & Asked Low Chile WEEK Week's Last Sale Price Period FOR 4% A Pacific conv *41% 42% — 34 39% 103% 103% 103% 22 103% 105 (perpetual)—Jan-July 104% 104% 104% 82 100 104% 26 74 85% 61 83 106% Ry— debenture 4s June-Dec Mar-Sept debs series A 4s conv stock 1960 inc debs series B 1960 Mar-Sept .-Mar-Sept 77 100% 78 100 % 102 Va Number 4911 171 Volume . . The Commercial and Financial Chronicle . (2219) NEW YORK BOND RECORD / Friday BONDS New York Stock Interest Exchange LaM Period or Sale Price Friday & Oho 4s 1965 Mar-Sept Adirondack Ry— First mortgage guaranteed 4s 1981 Celanese Corp 3s debentures 1965 Celotex Corp 3'As debentures 1960 debentures (1947 issue) June-Dec No. 107 60'A Georgia of First mortgage AGen mortgage Co Central RR General 1995 106 3 58 4'As of 1 N York series B Jan 3'As 1987 3s Power Central Pacific Ry Co— refund First and First mortgage Jan-July 1974 3'As A 1974 Feb-Aup 1968 Feb-Aug 3s 1965—Jan-July 35As series B deb gold 4s 1989 .. ref & mtge First 42% 46% 105 3 105% 1 103 104 3 103% 104 3 8 102% 103% 71 124 133% 3s Detroit | " series Bid & Asked High Bonds Sold No. Range Since Jan. 1 Low C High Div 1973_May-Nov May 84 84 "56 % —- 132 100 103 % 34 100 104'A 3 104'A 106'A 119% 120'A Detroit 114 114 . 3. 81 86% 57 58% 2042 May-Nov 65 17 110% 7 108% interest) series 1993 A 67 * 35 64% 69% 106'A 107 VB 105 "103% 105 105 * Jan-July 95% 97 12 95% 97 % 68% 70 y8 58 67 77% (4%% 2018 April & series H refund first gold 4s Terminal Tol & 105% lien I 1958 June-Dec gold 4s & 43 14 89% 101 116 116% 101% . 6 9'A "67'A 1995 4'As 1961 B ser debentures Jane-Dec —June-Dec Tunnel 2.35s 90% 105 % 106'A 1982_May-Sept 1995" Ironton RR 2%s Chemical 90% June-Dec series debentures Mack 68% 1993—Jan-July 1970 2%s May-Nov 105 % h 117 69% "93% 3 622 4 70 105% 106 1976_Mar-Sept 1961 110% 102 fixed Duquesne Light Co 2%s"- 1977_w„ i 1st mortgage 2%s 1979 112% 108% 108% 66% April-Oct 1977_June-Dec Lake— 3s and -ASecond ;Dow 110% 110% Salt Edison Detroit V— ~ 1 (3% interest) - convertible 101 101 *112 May Income mortgage (3% fixed >1 % contingent interest) Detroit 100 93% 89 105% 108'A 101 103% 112% 68 " 117% 69% 67'A 9 67 y* 102'A 106'A 94% 92% "100% 100'A 100'A 101 102% 102% 102 Vb 104 100% —May-No» Feb-Aup April-Oct 99% 101 110% 111 96% 104 < *102'A 104 1007A 100 7A 1—Feb-Aug & General 119% 4-6s mortgage contingent Denver — trust contingent AIncome 104'A 105 1007A Range Fiiday's ■ 100 — 5s mortgage series A 1% 189 100% 110% Sale Price mortgage and coll trust 2%s 1979_Jan-JuZy Denver & Rio Grande Western RR— 67'A 49% ; 1990—— 3s 44 64 104'A Jan-July M Power & Light 3s 1973 mortgage and coll trust 3y8s First 39 125% *-_ or First 100 Mar-Sept. First and refunding 4'As series B 1977—Feb-Aug First and refunding mortgage 3Vas 1985—Feb-Aug First and refunding mortgage 27/8s 1970—Feb-Auo 1st 124 __ refund Western Delaware 2 / ■ and & mortgage due 1993 61 Essex division Morris 67'A 179 103'A 103'A 1958- 4s 49% 103% 103% 124% Lackawanna AIncome 94 62 51 ■ Chicago Burlington & Quincy RR— General 67'A 65 *103'A Mar-Sept M 3'As series D 1996—May-Noo Refund and impt M 3'As series E 1996_ _Feb-Aup Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s 1989—Jan-July consolidated 104'A 101% 87 42% 103% York First Collateral 105% 105% -- and impt Second 100'A , series Champion Paper & Fibre Chesapeake & Ohio Ry— General gold 4'As 1992 Refund 103 1 473A 43 April-Oct , Period Exchange tl" Week's Last — 64'A 49'A Interest Delaware Lackawanna & Western RR Co— New 7 66'A J— New York Stock 64 "84 66'A Friday BONDS 108 1013A 101% 2020—May 2020—May 26 High 1 60'A *101% Jan-July 1 mortgage Central New A 4'/2s series A Jan MAY Low Ry— series mortgage AGen Low 1033A 103 7A Feb-Aup Feb-Aup jACentral Branch U P first gold 4s 1948—June-Dec Central ENDED Jan. 1 High 107 April-Oct 1960 WEEK Range Since Sold Carthage & 31/4S FOR Bonds s Bid & Asked Low Carolina Clinchfield RANGE Week's Range 20 99 3A 101'A >100 Chicago & Eastern 111 RR— AGeneral First mortgage mortgage inc 5s conv 3%s "series 1997- B April Chicago Indiana & A Southern 4s 61 69% 21 127'/8 127'/8 90 14 86'A 78 16 73% 54% 55 III6 51% 62 44 46 40 40% 50% 95 95. -;■ i; 89 mortgage series 4s 96 14 100 -- ■; 1994_ A El 84% 54% 46 April Chicago Milwaukee St Paul & Pacific RR— First 127'/a 88% 2003—..-April Jan-July 1956 73% 126% < East TCnn Va & Georgia div first 5s 1956_May-Nou Edison El 111 (N Y) first cons gold 5s 1995_Jan-JuZy Elgin Joliet & Eastern Ry 3'As 1970 _Mar-Sept 44'A 68 93 1011 Jan-July General mortgage 4'As inc ser A Jan 1 2019_April 4'As conv increased series B Jan 1 2044 April Chicago & North Western Ry— Second mortgage conv inc 4'As Jan 1 1999—April First mortgage 3s series B 1989—. —Jan-July Chicago Rock Island & Pacific RR— 1st mtge 27/aS ser A 1980_. ''1 Jan-July Chicago St L & New Orleans 5s 1951 June-Dec Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%-4'As 1994_Jan-July Income 2%-4'As 1994_ Jan-July Chicago Union Station— ; 101 Ir 101 65% 55 y8 ' 66'A 55% 55% 56'A 54% 56 VB *89 I 127 Erie 407 90. 71% 52% ; 50% First mortgage mortgage First 3'As series F 1963_ First 1st 90 99 99% 103 Union —v.. 103% 102% 103'/a 20 102'A 102'A 83 . 74% — fi ' 83 3 , 'Il 103'A mtge 23As l975_Apri{-Oct Jan-July I 106% 106% *102% 1 79% 72'A k 9 u 104% 104 104% 105% 30 104 106 102% 104% *102% 103% *102'A — — —Feb-Aup C I T Financial Corp— 2%s debentures 1959 Cincinnati General gold April-Oct General Chic B & St Louis St Louis Cleveland Division Series & E 1st Illuminating 3s 1977—Jan-JuZy 1991_Jan-July 1990_May-Nou 1970 Jan-July 1982— June-Dec Pittsburgh RR— D 3'As 1950 Cleveland Short Line first gtd 4'As Cleveland Union Terminals CoFirst mortgage 5'As series mortgage 5s series B First mortgage 4'As series A First Colorado 4'As & First Fuel 3'As Gas & and coll Electric April-Oct ApriZ-Oct April-Oct 1973 1977 --I trust First and General First and 4s 9 River 1st Pwr and ref 100 April-Oct 99% 100% 107% 1 14 106 105% 11 78 62% H O O s." 100% — Feb-Aug 6 10 104% 102% 105% 105 105% Co General mortgage 4'As Consolidated 1st ref 1st ref M 1st ref 1st M M ref M 2'As Gas El 2%s 8 1 106 23As R ser 27As T ser 27AS U ser debs conv Q —J SACuba "100'A 20 Ry § A Deposit receipts ACuba RR first 5s 1981 B mortgage series 3%s ctis Hocking Valley Jan B 2%s 1976— First mtge 2%s first 4'As Corp 2%s & Hudson For footnotes see 4s Bell 5s first 5s page 29 102'A 5 16 "65 74 9%' 10 103% 103% 93% 96 81 87'A 95% 96% "104 76 97% 67 67 30 7% 10 4. 102% 104 76 104% 103% 77 2 101% 102 6 101 36 62 66% 66% ♦II "101% "99 101 90 66% 99% 74% 106 79% 103% 67 99'A 100% 104% 105 105 — 99% 99% 123 123 2 101 101 1 123 99% 100% 128 'A 101% 90 90'/8 25 88% 68% 68% 69 71 63 70 38 37% 38% 134 27 42 93 1 1957 Feb-Aug April-Oct series B 3s 1981_Jan-July 1978 102% 103 103 June-Dec mortgage 4%-3%s 38 102 103 y4 106% 106% mortgage 5%-3%s series B 100 ■ •101% mortgage First gold First gold 102'A 105'A Extended 102'A First 6 11 102% 101 3'As first gold 3s 5 104'A 106 10 105'A 106% 115 133% 106 133% 361 Debenture Cairo 1979—May-Nou 1979—May-Nop 1974—_May-Nou —^—Jan-July Jan-July —April-Oct —Mar-Sept ApriZ-Oct May-Nov Jan-July May-Nop C 3'As 1951 gold 1952 4s 1955— Refunding 5s 121 A sterling 1951— trust Purchased ser series 1951i— gold Refunding 4s Collateral 3%s 1951 4s 99'A; 100 »A 101'A' 103'A lines 3'As trust gold 1955 4%s 1952 4s 1953— : 1966 106% first gold 1951 110'A Louisville Div & Term 104% 105 St Louis Div and Term gold 3s Gold 3'As 1951— 11104'A 106% Springfield Division first gold 3'As mo47/f 106'A Wtestern %: Division gold 3'As 1953 gold 3s 1951 first 108 102 105 101 101% "100% 100% 101 102'/8 102 % 102% 100% 102% 102% U 104'A 104% 102'/a 102% 104 18 103% 102'A 102% 104% 104% 1 103% 105% 107'A 107% 13 106% 108 *102'/8 94% 93% 94% 53 "101 * Jan-July 11109% 104% 105 108 *101% June-Dec 3s 104 "107% *104'/4 Feb-Aug Bridge gold 4s 1950 Div ♦104 —May-Nop — 11103 109% 109% 101% 100% 100% 102'A 100% 100% Feb-Aup 96% 101% 100 'A 102% *102% Jan-July 93 106 102% 100% 101% Jan-July "100% 100 y8 101 —Jan-July 1951_Jan-July Feb-Aup *101'/8 101% 101% 100% 100% 101% 102% 1951 ■ "104 105'A "105 H104 114% 119 13 "103'A 104 104 103 102% 103 11108%' 119 V 104 103%:' 106 103 104% 15 First 103% 95'A 49% 34'A 34% 31'A 35 89 and Indiana 34% "82 26'A 26'A June-Dec "31 June-Dec "31% 9 _Feb-Aup Chicago St L & N O— 1963 45 35'A Illinois & Iowa first gold 101% 101% 4s Indianapolis Union Ry Co— Refunding arid imp 2'As series C AFirst 6s series A 5s series gold 5s B 101% 103% 1986__June-Dec 101% 101% 2 101% 102'A 103% 104'/a 60 103% 106 99 1952 1956 series 99 95% to*.** ' — ■ — Jan-July April-Oct Jan-July 89% 43 Hydro-Elec 1956 deb 1st 5s 6s B 12 99 95'A 6 94 98% 99% 99% *93 100'A 96 5 99% 101% 97% 99% 100'A Jan-July 1944_ApriZ-Oct 1972__May-Nov 89% 91 93% 96 121 81% 92 59 — 43% 32 7/a 43'A 84 2 75 86 84 60% 42% 84 __ C 100% 95'A *97% ' 1952 Inter Rys Central America 14 101% 1950_Jan-July ^International Great Northern RR— 17 104 refunding 4'As series C 1963_June-Dec mortgage 4s series D 1963_June-Dec Ry 4s series A 1970 Jan-July 32% 35% 101% 101% refund 35% 33 % __ "100% Terminal SAInternational 101% —June-Dec 26'A" 83 . First Illinois 1951 32'A 84 27 4s Joint first refund 5s series A 92% 6 - first Illinois Central'and 47 »A * Lines gold Registered __—-.—* 102% 85 14 75 60% 61 40 60% 99'A __ *98 66 86 62% 100 "107 —June-Dec "101 ApriZ-Oct May-Nov 99 82 1962_June-Dec A ser A Consol 94'A 1963 102 6 96 Jan-July Jan-July Telephone 2%s series A mortgage 2 "104 —Jan-July extended 99 81 "96 125 27 96 *99 1970 Consol 52'A 1965 129 122% 82 April Jan-July 1999— Ry Consol D Delaware 107% 125'/a 96 1976—Mar-Sept 107 "50'A First Dayton Union Ry 3'As series B 1965 Deere & Co 23As debentures 105% 8 1 Illinois 16 104% mtge 23As 1975_April-Oct mortgage 3s 1978_ Jan-July mortgage 3 series A 1978— June-Dec 24 9 9'A June-Dec AAdJusted income 5s Feb 1957 AFirst First 92% 103 99'A May-Nov first Finance 99% 99% "104 first 88% 102 99 »A ApriZ-Oct Jan-July 1979——— Manhattan Omaha Jan-July 99% 100'A Feb 2044 1969__i * & AFirst Lt 100 April-Oct —: 2%s Coal first sink fund "93% 1952 88% Feb 1968 M Hudson 1942—June-Dec deceipts 1946 deposit receipts 1946— & A 1959 AAdjustments 6s series A July Dayton Power 88% 1961—Jan-July 1978 3s Water 101'A 101'A 106 131 Aprfl-Oct June-Dec 103% H 3'As 1966 May-Nov § ADeposit receipts 5A7'As series A deposit §A6s series R debentures first debentures 105 7A 105 7A May-Nov _ gold 101'A 101'A 99% 101'A ApriZ-Oct ——— 5'As 3s Collateral —Jan-July _ 1981 1st mtge trust mortgage 102 11 "102'A 104'A —ApriZ-Oct 1976— first - series 105'A 100% 101 — 102 7A 1027A ———Jan-July Jan-July Co of Am Northern 123% 107% Power (Bait)— Consolidated Natural Gas 2%s 1968 ApriZ-Oct Consumers Power first mtge 27As 1975—Mar-Sept Continental Baking 3s debentures 1965 Crucible Steel 129 *__ 2%s 3s Util States First Litchfield 1976— 1962 128 Jan-July 1990—Jan-July 2000—Jan-July 1982 Jan-July 2010 Jan-July 106 105% City- 1954 Lt & ser 105% 105% Jan-July- 104'A 1057A 106'A 100'A 100'A 4'As Bait Jan-July 1976-. 105% 108% 107% 107% 106 fund of 102% 1952 B D 105% 107% — "104% 104 7A — refund mtge 23As ser A 1982_Mar-Sept refund mtge 23As ser B 1977_ApriZ-Oct First and refund mtge 2%s ser C 1972—June-Dec First and refunding 3s series D 1972 May-Nou First and refund mtge 3s series E 1979_Jan-July 3s convertible debentures 1963 June-Dec II 67% Illinois Central RR— —ApriZ-Oct First and First and 1 70% 106'A 103% 105% „ - Consolidated Gas *104 'A 1 mtge inc 4s Household "106 June-Dec 1999 104% 103 59 60 180 7 106% "103'A 103% 101'A 69% 88% 107% 22 105 67% 108% 107'/a 105 _ 3 ♦103 68% refunding 4s series B 1975—_Jan-JuZy 5s series A July 2015 April refunding 3%s series D 1969__April-Oct Collateral Gulf 106'/a 106% 102% 102% 105% 102'A 102'A Hudson Mar-Sept 87% 87% 100 103% 103% June-Dec i 1971 sink 107% 100 ' ~6 *101% ■ ^April-Oct 1951———Jan-July 33As A 1961—Feb-Aug Consolidated Cigar Corp 3'As 1965 April-Oct Consolidated Edison of New York— ' ■ ■■■ Conn Ry & Lt Conn 106% ' 77 ♦100 mtge inc General 107% ;76 76 1964—ApriZ-Oct mortgage 3s series L 1977 mortgage 3s series N 1978 s 106% 8 100'A 107 106% *__ 98% 83 83 83 Mobile & Ohio RR— 67% "104 23As G xIf 87 100 70% 97% Mar-Sept & West debenture certificates B Corp 62 •: 108% 108% 100 Gas debentures f debentures 1999 98% Bay 63'A 51 *99% 100% Corp— sinking fund Greyhound 57 "104 3s 82 82 *106 63% 1973— C series mortgage 1 _Feb-Aup Columbus & South Ohio Elec 3'As 1970—May-Sept Columbus & Toledo first external 4s 1955-Feb-Aup Commonwealth Edison Co— First AGreen 75 General 3 Mar-Sept First 96 91% Hackensack May-Nov debentures March 1974 debentures August 1974 3s f 61 •; 59 "2 196%May-Nov series series 1st 1972 C 102 83 . 66% 83 2%s mtge mortgage 3'As series O General mortgage 2%s series P General mortgage 2%s series Q 61 106'A 107'/a 83 1969 first mortgage 3 'As series N 98% 65% debentures Co 5'As 82% Feb-Aup 1961—April-Oct System Inc— debentures 1973_ 3'As 3s & debentures Columbia —. Ry— modified) 1980 Iron Corp— mortgage Columbia 65 Southern (stamped Colorado 65 110% Ry Co— 4'As 96 7 . guaranteed F) 5s 83% 1 — *99% 100'A 4s 3s income (B A Debenture June-Dec Div 100% 5 79% 106'A Realty & Utilities Corp— conv General • 91% 79% 103% Ry— 1993 Mich f 96 65% 1961—May-Nov 1959 General 110% (102 ~1 % 101 % 4'As General .110'/a __ *90% — first coll trust 4s Electric First mortgage Cleveland June-Dec 101 debs 3s first General — — ; 102";, 96 June-Dec Refunding and impt 4 'As series Cincinnati Wab & 101% June-Dec 1993 series 5s 4s 102 Rubber General — ' City Ice & Fuel 23As debentures 1966 City Investing Co 4s debentures 1961 Cleveland ♦110% — & Coast Great Northern * 1969—Feb-Aug 105% ~4 __ "97% 102 and Goodrich ' mortgage gtd 3%s series E First mortgage 23As series G 1974 Tire East General A4s 104 % Terminal— First 65% refunding 5s series A 1974—Mar-Sept ACertificates of deposit:—— Mar-Sept Francisco Sugar cojlateral trust 6s 1956—May-Noi> 104 12 .. 110 Railroad Co— AFirst " 102% 103 _ 110 ♦108% mtge-inc 4'As ser A Jan 2015— April First consol mortgage 3'As series E 1964_April-Ocf First consol mtge 3'As series F 1990 ^Florida 106% 102% 102'/a ■ 102 Va _ April-Oct April-Oct 80 •'v __ 1965 87 4 ; 74% 5s General Firestone ■ ■ mortgage 27As 1978 Cincinnati 99 103 Jan-July 27As series G 1963 Jan-July Chicago & Western Indiana conv 4s 1952_Jan-July First and refunding 4'As series D 1962_Mar-Sept Cincinnati Gas & Elec 99 first 104'A 56'/a ■ --.,1:1 Southwestern stamped 1965 4 — 60 87 — • & 110% 110% "152 "105% Jan-July First consol mtge 3'As series G 2000—_Jan-July First consol mortgage 2s series H 1953_Mar-Sept Ohio Division first mortgage 3%s 1971_Mar-Sept 104% 62 97 • Paso 5s , 1983 Jan 1 >. 36 > . 77% '—April Chicago Ind & Louisville Ry— A 1st mortgage 4s inc series A Jan ser 44'A 69 May-Nov 1988—Jan-July AGpneral inc mtge 4'As Jan 1 2038 mortgage 4'As inc 43% 69% 1985—May-Nov Chicago & Erie 1st gold 5s 1982_ Chicago Gt West first 4s series A A2nd 44 "103 % 103% 93 93 93% 103%' 104% 34 93 « 99% Jamestown Franklin & Clear first 4s 1959_June-Dec Power & Light 2%s 1976__Mar-Sept Jersey Central 72% 74% 8 72 76% 102'A 102% 15 102 103% 72% 27 28 Commercial and The (2220) Financial Chronicle ... Monday, May 29,1950 NEW YORK BOND RECORD RANGE Friday BONDS Lost Interest 1 Bole Price Period New York Stock Exchange FOR WEEK MAY ENDED 2« or Friday's Bid & Asked Week's Range Friday Week's Range Bonds Sold Friday's or Bid & Asked Sale Price Period New York Stock Exchange Jan. 1 Last Interest BONDS Range Since Bonds Range Since Sold Jan. l Low Low High, No. Low & Mich 1st mtge 4s 1990 City Power & Light 2%s 1976 Kanawha Consolidated 105 n 104% 105% 30 *102% 103% 105% 10274 103% 1147, 114% __ *11478 116% 30 % General 106 1037. 101% 10174 5 1017. 10074 II *— 185 loi 7b 10*74 104 105% N Y Connecting Lakefront RR Terminal— Dock First mtge A 196S Mar-Sept 116 116 1187a Mich 3Vis registered Lautaro Nitrate South June-Dec Co ~2 89 94% 84 91 Harlem 8672 1st & ref 5s stamped 1954 1st & ref 5s stamped 1964. 1st A ref 5s 95 97 N mortgage 5s extended to 1984—___Feb-Aug Valley First mortgage 4Vis extended to 1974 Jon-July Lehigh Valley RR— 70 4 82%- 85% 1 75% 80% IN 41 71% 71% 67 General consolidated Series A fixed 4s 71% 44 73 75 74 70% 2003 May-Nor 53% 52 34 53% 21 51% 57 May-No* 56% 5634 577t 6 5674 64 63 34 64 6 62 74 65 Series D 4s contingent interest 2003 Series E 4Vis contingent interest 2003—May 36% 36 367s 33% 3874 40 40 4074 65 Jo 7a 42% Series 43% 4374 44 24 40 45% Series B 4 Vis Series C 5s F fixed fixed interest 2003 interest 2003 5s contingent interest 2003 Lehigh Valley Terminal Ry— First mortgage 5s extended to 1979 Little Miami ALombard Lorlllard 3s general Electric (P) Co 100 92% 95% 100 Va 101% 100% 95% 100% •101% — *9672 100 95% 967a 1 94 717» 18 71 74% 787a „ 967a 71 78% 2 77% 81 64% 70% 66% 667b 6774 225 457a 45 4674 369 10372 103% 1 7% Susquehanna A Western RR— _Jan-July 5 AFirst refunding 5s 1937 .-Feb-Aug 5 A Second gold 4%s 1937 —Feb-Auy S A General gold 6s 1940Jfay-Nov SATerminal first gold 6s 1943. Y Telephone 2%s series D 1982 Jan-July Refunding mortgage 8%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981——Jan-July 8 27a 2% \ 97% 42% 51 105 49 49 49 *__ 97B 2% 1017a 1 3% 103 57 ♦1007b 1017a 105 104% 674 11 7 6174 617. 1017b 118 1017a 102 A Y Power 64 101 101% 105 17 106% 28 105% Y 20 1474 147. 427b 3 13% 28 101% 103% 107 107% 77 ♦76 1077a *__ 53 17 74 101% 10274 102 74 *10574 105% A refund 135 76 Feb-Aug *121% 1037a 1962____May-Now A 1952 June-Do* 5s 1951 Peb-Auy Aptfl-Qcf 57 74 7. 80 1057b 1037/b *__ 106% 106% 107% 1017a 101% convertible Inc 2014—April-Oct Norfolk & Western Ry first gold is 1996—April-Oct Northern Central general A ref 5s 1974—Mar-Sept General and refunding 4%s ser A 1974—Mar-Sept Northern Pacific Ry— 1 102% ' 1 90 Prior hen 101% 83 99 7a 100 4 99% 88% 1043A 95 95 r. Refunding and Improve 5s series D 2047—Jan-July Collateral trust 4%s 1976 Mar-Sept May-No* 107% 107% ~4 1077b 109 10174 10174 1 1017. 1037s First Co - 27as RR debentures 4%s mortgage & series A 4s con 1972—Jfiay-JTou i960-—June-Due series B 1954—June-Dee *95 Sugar 4s sinking fund Feb 1 1957—May-No* Manila RR (Southern Lines) 4s 1959—MUy-Hto* May Dept Stores 2%s debentures 1972—Jan-JuJg First gold & 1988 3%s t§AMidland Minnesota Minn St First of N & Missouri ext Mfg Saulte mortgage General & 4 7as St 4s 547/b 997. 1 102% 10374 104% 107% 107% 102 108% 40-year Prior 5s 4s lien A Cum series series 4%s B series ♦10374 — 10674 1067a 103 82 82 82 48 487a AFirst and AGeneral 58 1037a 1*71—May Jan 1991—May AFirst 817a 827a Jan-July 92 92 92% 80 80 80 D Jaw-July 82 82 827a 1967—Aprll-Oal 78 767a 78 1978 ser A Jan series A 1966—Tab-Any 1975 Mar-Be;p« and refunding 5s series F 1977 Mar-Sept retunding 5s series G 1978—May-No* §AConvertible gold 5%s series A 1949—May-NO* AFirst and refund gold 5s ser H 1980_Aprfl-Oet AFirst and refunding 5s series I 1981 Feb-Aug & Malone Monongahela Morrell Ry (John) first Co. gtd 4s series 3%s & B 3s 1991_—Mat-Sept 1966 debentures 102 78 3A Construction Mountain 3Vis mortgage 5s series A 1955_May-No» 4%s series B 1955—May-No* States Tel & Tel 2%s 1986—May-No* 1978 10174 103% Ohio Edison first mortgage 3s First mortgage 2%s 1975 1017. 103 "4 1087. 1017. 102 7/s First mortgage 3s Dairy 49 Distillers National Steel & 8t series B 1986 debs 3%s series B New Orleans & New Orleans 2%s INew Orleans 1976 AFirst A 5s AFJrst 5s 10674 10674 15 1047a 107 104 % 105 13 1047B 1067B 103% 104 5 103 3/4 10674 25 1007a 1027a 7 102 7B 4.' 105 106% 104 10574 84% 75 6 64 84 7. 8474 7274 2 95% 74 19 82% 37.S 3%s 48% 49% 526 337s Pacific Tel A Tel 2%s debentures 1986 49% 93 7a 10674 9274 105 60 60% 4 101 % 10174 1 56 *103 7b 58 103% 59 89 87% 89 8534 84% 8574 98 30 54 7b 75% 8574 9 98 105 3 1027< 1027b 48 93 8 10174 1037/a 4 105 1057s debentures 1978 Jfar-Sept 1067a 10774 debentures 1983 St 111 10474 June-Dee 104 74 1047a *— Msy-NO* ♦1017B gold 4%s 1955_Jan-July *1047. 1961 4s series E AFirst 472S 5%s 1988 1986 Fab-AO* *_. 1983 of series ACertificates of 1953 Jon-July —AyrB-Oct 103 10074 99% D 1956 «»« Feb-Auf ——_ 2C 104% — 103 10374 1037B 104 21 1037B 10574 113% 113% 10 113% 113% Feb-Auy 4748 series D 1981 April-Oct mortgage 4%s series E 1984 Jan-July ApriZ-Oct 1017s Jan-June 8174 103 General Peoria & 1 General 106 ; 107% 105% 106 997a 9 103 First t 22 100 Ry 3%s series D 1980 99 y4 99% 6 997. 2%s Baltimore A series B Wash RR 10174 1 10574 109 debs 96 95% 63 9672 96% 977a 97 67 1017b 101% 8174 82 58% 587a *1572 1974 101 11 80 7B 102 104 101% 86 61 57 1474 18% 103% 101 109 June-Dec .May-Nor .May-Nor 110 102% • 110% 102 7b 109 118% 107% ♦112 Feb-Aug Jan-July 1977 1975- 100% 5 99% 99% 94 72 16% 101 93% Oo— and conv 1007a 104 Jfar-Sept refunding 2%s 1971 1967.. refunding 2%s 1974.. First and refunding 3%s 1981 First and refunding 2%s 1978 ISAPhilippine Ry 1st sink fund 4s 1937 ACertificates of deposit Phillips Petroleum 2%s debentures 1964 103% 85 31 April-Oct 1960 First and 104% 7 10174 5s 102% 104 7. 107% 108% April external First and refunding 2%s ■ 9974 *100 104% 10272 102 72 2 102% 1047b 102 — 102 5 102 103% 102 une-Dec 10374 103 7. 10274 103% 2 10374 10474 8 7 *10274 102 7/a Feb-Aug Jan-July 11% 8% 772 772 2 Feb-Aug 102% 102% 102% 20 1027, 103% Jfay-Nov ; 8V2 7 107% 107 428 1047s 107 7/« Pittsburgh Bessemer A Lake Erie 2%s 1996.June-Dec 107% *100% 101% . 99 10% 99 Pittsburgh Cincinnati Chic A St Louis Ry— Consolidated guaranteed 4s ser 7 1953—June-Dec Consolidated guaranteed 4s ser <3 1957—Jfay-Nov — 97% 10174 1017a 10274 n 100% 1047. Consolidated guaranteed 4%s ser I 10174 1017. 4 100 101% Consolidated guaranteed 4%s ; Consolidated 102 4s geld 4%s series O Philadelphia Electric Oo— r, 107 100% 102 1st 115 102% 107% April 1990 General 105 10674 10674 119 74 104 __ June-Dec mortgage 3%s series F 1985 Eastern A Income 4s 118% .. June-Dec 1968 101% 105 103 7a series B 10474 ., Aprti-oe* deposit. 77% 10274 4%s series A 1965 106 , 1954 68% 5 1960 Convertible debentures 3%s 1952 10174 10174 1956. deDosit 5 1037a 5s General deposit. A 4%s 106% Ry— deposit. C sinking fund 103% 1047. 1954 69% 103 RR— Pere Marquette 2 *80 Mar-Seyl Mexico 69 Jfay-Nov April-Oct 10374 4 — — April-Oct General 96 103 y8 series ACertificates AFirst , 102% 104 1067. 101 y« June-Dee trust ctfs 1962 101 1197. __ 104 3 B 1017B —■ .. Airlines— Pennsylvania Glass Sand 3%s 1960 Pennsylvania Power A Light Co— Philadelphia 1974 4s *1047B 10574 1964_June-Dec 105 11 •1007a 101 4s gtd *1067. 107 Mar-Sept 1st sink fund 105% •104% 105% 1007B 1013A 102 7B 1027. *105% 106 997a 105 7. 1057. Guaranteed 105 V4 94% 15 10474 10574 General 947a 10 April-Oct April-Oct Consolidated 3s A 1047B 104% Pennsylvania Co— 9974 1 1057b 1057b — 1987 A3%s convertible inc debs Sept 1 1960 89 72 98 98 107 997a 100 7B Pennsylvania-Central 59% 39 100 102 y8 10274 99% Paducah 102 10078 1007B *106 104 101 106 June-Dec Pacific Western Oil 3%s debentures 62% 100% 3%s series R 1982__June Dec Ss series 8 1983 June-Dec 1986 22 58 58% K 1971 L 1974 106 3s series M 1979—June-Dec Ss series N 1977 June-Dec 2%s series P 1981 June-Dec 2%s series Q 1980—June-Dec debentures 104 4 of 1047. 10574 103 7B 103 7B of >103 104 7B 104 3A impt 4%s series A 190X—Jow-JWj series ACertificates 102% June-Dec 104% 102% B 100% June-Dec June-Dec 1007. series 102% June-Dec 1 Certificates 15 106% 103 1007a 100% 1047B 1007a 13 3s series refunding refunding First and refunding First and refunding First and refunding First and refunding First and refunding First and refunding debentures first & 13% 12 12% 105 74 106 ♦1007b 101% 3s series 1027s 1027b Texas *12 10574 and 3%s Light first 107% 85% Jon-July Term 1047b 104% 104% 107% Northeastern RR— Refunding and — 104% 105 2%s Jon-July 3%s 5s 997B 99 104 105% *106 Nor 23 1057a 105 104 Great 997b 6 94 119 Orleans 99 5 77% 24 ♦105 & 102% 12 9274 Msy-No* Junction 1037. 10178 *10172 10274 1047b 10474 323 April-Oct N — 105 1017s 1037b —Msr-Bept gtd 103 101% 104% 793A 1974 Jersey Bell Telephone 23 105 140 debs New 1017a 101% and 63% 1982 RR 105% First Tel & Tel Co— Power 102 102 . First and refunding 3%s series I 1966—June-Dec First and refunding 3s series J 1970 June-Dec 222 debentures Jersey 62 — 55 79% 78% debentures J 1027a 10374 88 105% 3s New 9774 *105 April-Oct Feb-Aug 1979 93% 3s New 9072 84 7b 101 % 1(V>% June-Dee 4%s 3 48 2 18 1037a 10472 60% 1970—June-Dee 1974—AprU-Oet Corp first mtge 3s 1965 Aprfl-Oet guaranteed 93% 65% 103% .Feb-aim 2%s Supply 27. s debentures 1967 Naugatuck RR first gold 4s 1954 First V 97% •1017a General National New England 907a 103% Louis— 1970 Products 897a 40 94 106% 557a 103 14 102 Aprfi-OeY Products debentures Nat'l 3s 84 7B 9374 ' 10374 Oregon-Washington RR 3s series A I960—April-Oct N National 66 59% " 3 8674 102% 1057. 10 15 A Electric Gas Pennsylvania Chattanooga «*<-* 85% 93 7a __ .Mar-Sept First mortgage 3s 1975 Nashville 7074 *61 , _Jan-July 1974. — mortgage 3%s 1978 First mortgage 3s 109% 10074 —— First 87% 82 57 103 Feb-AUg mtge debentures 102 1958—May-No* Morris & Essex first guaranteed 3%s 2000-Jttne-Dee Construction 107% 637b 6 O Co— and Mohawk 1057a 65 First Juue-Dee Jan-July refunding 5s 4s AFirst RR 108 647a Pacific Oas St Electric Co— Jan A 1962 series Pacific 112 *— .May-Nor tOgdensburg A Lake Ohamplaln Ry— 5 AFirst guaranteed 4s 1948. Oklahoma ~i 10134 103 58 — 847a 1087a 1087a *101 — __ 102 106% A ser 1962 adjustment 5s ^Missouri 109 108 72 Marie- inc A 3%s debentures 1979 <95% » Missouri-Kansas-Texas RR— lien 107 20 first mortgage 2%a 1974 First mortgage 2%s 1975 102% *84 -AprU-Oet Kansas & Texas first 4s 1990 Prior 2 1087a 133% 1017a AyrH-Oef 1940 2%s 1967 inc mortgage 5s 887. 1 2 *9974 ray-No* first J Mining Paul ~3 99% •1067a 10774 JttMift 1952 - Refunding and impt 4%s series O 197*—Jam-July Michigan Cons Gas first mtge 3%s 1969i—Mor-gept First mortgage 278s 1969 Mir Dept First mortgage 3%s 1969 Mar Bept 3%s sinking fund debentures 1967— Jan-July 9572 557B *103 74 104 —AprQ-Oct Sag 3%s 1951. 76 96 V4 1027a 1027a Michigan Central Lans — 95 »■ debentures 70 88% 4 9934 first mortgage 3s 1966 —Juno-Dee Metropolitan Edison first mtge 2%S 1974—Muy-Noe Michigan Bell Telephone Co— 3Vas 72 557b Corp Jack 7174 102% 102 *102 71% Manati Mead 109 108 (Minnesota) M & 109 1087a Feb-Aug -April-Oct First mortgage 3s 1978—. Jan-July First mortgage 2%s 1979 Feb-Auy (Wisconsin) first mortgage 2%> 1977—April-Oct First mortgage Ss 1979 Mar-Sept Northwestern Bell Telephone— 1955 . Central 109 12674 Northern States Power Co— mtge 2%s 1979—May-No* Cincinnati Div 4s (R H) 117 8674 1 Maine .114 3s registered 2047. Quar-Feb Refunding and Improve 4%s ser A 2047—Jan-July Refunding and improve 5s series O 2047—Jan-July 84 1st 3 10074 84 94 25 115% 115% Quar-Jan registered 1997 88 12674 127 y« 647a 4s 7 115% Quar-Feb 84 100 Quar-Jan 1997 4s 90 1267. General lien 3s Jan 1 2047 refund mtge 2%s ser G 2003—AyrH-Oet First and refund mtge 3748 ser H 2003—Avrtl-Oet St Louis Div second gold 3s 1980 Mar-Bept anu Macy 1980 105 y. 917/b 11 Ry Co— 105% 4 Elec 2%s 103 7. ~ RR— mtge 3%s ser F 2003 mtge Southern 10374 *103% 104% *10374 103 5/b 61 57 92 & Jan-July General 105% 102% ' ■ — 57 92 Atl Knox & 107% Niagara Mohawk Power Corp— 123% 92 Louisville Gas 107 Norfolk 77% 1217b 14 1037a 1037b ♦1037b 57 11 t—. 76% „ Aprti-Oet First Mar-Sept Niagara Falls Power 3%s 1966 AGeneral mtge 6s -April-Oct 1963 Nashville & First and series debentures debentures Louisville series 4s 7s May Aprll-Oc# Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951 A 977/a 2 16 61 May-No* May 99 103% 937z _ N bonds— mortgage interest 73 56 102 10174 2% 7574 697b 59% 52 7a 93 7% 83 Lehigh 56% 557a 5672 *__ June-Dec 75% 101 537a 21 57 101 10174 4s 83 100% 61 21 5572 567b •102 1954 Jfay-Nov {AN X Ontario * West ref 4s June 1992—Mar-Sept mortgage Light 1st mtge 2%s 1976—Mar-Sept N Y St Putnam 1st consol gtd 4s 199S April-Oct N Y State Electric A Gas 2748 1977 Jan-July N Y Steam Corp first t%s 1963 Jan-July *10074 101 JTcD-Ang First 12 8472 7872 56% _ 94 3 97 65% 79 17 *55 72 High *74 577/a 55 56 y8 May-No* May-Nb* AGeneral 4s 1955 Feb-Aug JFeh-Auff stamped 1974. Harbor Term Ry— 95 97 16 77 57% Jan-July —Jan-July 907/b 95 80 7b Low River St Port Chester— First 97 80 AGeneral mtge conv Inc 9 89 86% Ltd— A First mortga ge income reg 1975 June-Dec Lehigh Coal & Navigation CoSinking fund mortgage 3 Vis ser A lBTt-Aprfi-Oet Lehigh Valley Coal Co— Lehigh Valley 86% 72 * refunding mtge 4s ser A 2007—Jan-July 4%s series A 2022—May First and 89 gold 3%a 1997-Juoe-Dee 1997 67% .May-No* Harlem & Y New Haven A Hartford RR— N sink fund 3%s series A 1968-June-Dee Lake Shore & 128 . 1980—Junc-uec Ap«i-oc* RR 2%s series B 1975 April-Oct gold 4s 1951 Peb-Auy 4%s series B 1973 121 114 73 ^ gold 3%s 2000 Mortgage 4s series A 2043 Mortgage 4s series B 2043 Y Lack & West 4s series A 1973 Y N 4%s conv debs first Dock Y N iy* % 1 % 697/a No. Chicago A St Louis— ' 7e 156 69 Refunding mortgage 3%s series K First mortgage 3s series F 1986 100 97 *1047. 10574 63% 5874 617. 62 63 collateral gold 3%s 1998 Shore York New *"""** *98 89 -Jan-JSly 1997 3%s mortgage Feb-Aug 3%s registered 1998 Feb-AUg Michigan Cent collateral gold 3%s 1998—Feb-Aug 3%s registered 1998 Feb-Aug Lake 307. 27 5 30% 5974 63 A 2013_Aprll-Oct registered 3%s N Laclede Gas Light 1998 A series Refunding and impt 5s series C 2013—.Aprll-uci N Y Central & Hudson River RR— 10374 1027b *Mrk' *104% 105 % 30 Va 4s _Feb-AUg Refunding and impt 4%s series *82 102% 102% 59 69 Central RR Oo— New York April-Oct June-Dec 1st 1978 June-Dec mortgage 2%s Kansas City Southern Ry 4s ser A 1975 Ap*fI-Oct First mortgage 3%s series B 1968 Jane-Dec Kansas City Terminal Ry 2%s 1974 April-Oct Kentucky Central 1st mtge 4s 1987 Jan-Julf Kentucky A Indicia Terminal 4%s 1961—Jan-July Stamped 1961 Jan-July Plain 1961 Jan-July 4Vis unguaranteed 1961 Jan-July Kings County Elec Lt A Power 6s 1997 April-Oct Koppers Co first mortgage 3s 1964 April-Oct fAKreuger & Toll 5s certificates 1959 Mar-Sept 59 High K Kansas High guaranteed 4s ser H 1960 ser J Feb-Aug 1963_Feb-Auy 1964-Jfay-Nov *103 106% > 108 106% 106% *103% — 106% 103% *113 11174 ♦113% 111 10674 103% 113% 113% Volume Number 4911 171 29 (2221) .The Commercial and Financial Chronicle . . NEW YORK BOND RECORD RANGE Friday or Sale Price Period York Stock Exchange New Last Interest BONDS Louis RR— June-Dec ApriZ-Oct Aprll-Oct Chem 1st mtge 3 Vis 1964__May-No» Pittsb Coke & Pittsburgh Consolidation lino 1975 E 1975 Coal— ENDED MAY 26 105 Vi Low High No. Low 103% 103% 107% 86 86 % 17 83 102 102 J/4 7 100 Terminal RR Assn of St Louis— 89 Refund and impt 2%s Jan-July 1958—ApriZ-Oct debentures 1985 Pittsburgh Steel 1st mortgage 4 Vis Pittsburgh & West Virginia Ry— 102 Vi 3s debentures 1965 Texas & New Orleans RR— 102Vi 102Vi 1 102% 103 102% 102% ■■■••6 100% 102% 4%a series A 1958 June-Dee First mortgage 4%s series B 1959 ApriZ-Oct First mortgage 4 Vis series C 1960 ApriZ-Oct Pittsburgh Youngstown & Ashtabula Ry— First general 5s series B 1962 Feb-Aug First general 5s series C 1974 June-Deo First general 4%s series D 1977 June-Dec Pittston Co 5Vis income debentures 1964—Jan-July Potomac Elec Power 1st mtge3%s 1966 Feb-Aup First mortgage 3s 1983 Jan-July First mortgage 2%s 1984 May-Nov Providence Terminal 4s 1958 Afar-Sept Public Service Electric It Gas Co— 3s debentures 1963 May-Noe First and refunding mortgage 3%s 1968_Jan-July First and refunding mortgage 5s 2037—Jan-July First and refunding mortgage 8s 2037 June-Dec First and refunding mortgage 3s 1972—Afay-Nov First and refunding mortgage 2%s 1979-June-Deo First mortgage 94 Vi 93 1 First 96% and and refund M Texas 94% 94% 5 93 96 % 94% 94% 7 92% 96 % „ 99% "I Pacific-Missouri 99% — 100% 100 3%s 1971 First mortgage and coll trust 2%s 1975 103% 3 105% 106 104% 104'/a *106% 107% 109% 151% 106 *103% 104 % 106% 105 % of Oil Union Pacific 54 98% 101 128% 106 103% 102% *— 131% 103% 20 103% 69 % 32"% 60% 60 61% 134 52 24% 22% 24 % 161 21% 96% 96% 1 100% 101 % 13 97 92 100 Vi 101% 109% 109% 108% 110% 102 % 102% 102% 104 % 104% 104 % 103% 105 % '102% 102% 102% 103% 103 105 100% 109% Aprii-OcI 102% * RR— 103% 103% 103% _Feb-Aug I 1976 2%s 1970 debentures 1976 1967 Universal Pictures 3%s debentures 1959 S debentures 102% 89% 95% 105% 97 Vi 14 94% 1 102% 103% 102% 102% 1 102% 102% 94% JanrJuly Corp *98% April-Oct Afar-Sept 96% 11 90 99% 89 99% 89 90 99 98 Vi 98% *98% Afay-Nov Rubber 2%s 1 94% 103% 103% Refunding mortgage 2%s series O 1991-Afar-Sept United Biscuit Co of America 2%s 1966 April-Oct 101% — Afay-Nov 1968 debentures 2%s 104% *102 Jan-July 99% 103% 104 y4 104 Afay-Nov California 2%s debs 1970—June-De« debentures Union 225 104% *105% 106 • 152 222 — — 99S 3s 2%s _ 101% 99 % Pacific— Union Electric Co of Missouri U debentures 1964_ 98% *131% 137 Ry first refunding 4s United Gas Oats 2%» 8 U • Quaker 106% 98% 105 100 *98% 103 * 105 105% , 108 % 105 *104 Vi 105% *151% 128 103% 99Vi 1990_ApriZ-Oct gold 5s 2000 Jane-Dec M 3%s ser E 1985-Jan-JaZy 3%s series O Orleans 3%s 1974 of New RR JThird Ave 119% 37 98% June-Deo 1960 Jan-July A Adjustment income 5s Jan 1960— Aprll-Oct Tol & Ohio Cent ref and Impt 3%s I960—June-Deo Tri-Contlnental Corp 2%s debs 1961 Afar-Sept 108 108% 99% *108% 108 — and General Texas Term ♦111 first refund Pacific & 8 ■13 128 103% 104 105% series B 1970_ApriZ-Oct refund M 3 Vis First 94 Vi 94% High 105% 105% 128 Jan-July April-Oct Afay-Nov C 2019 series D 1985 Refund and impt M 4s series 102% Texas Corp 3 Vas Jan. I Low No. T 108% 14 105V4 106Vi Range Sine* Sold High High 8 Bonds Friday's or Bid & Asked Sale Price Period New York Stock Exchange Jan. 1 Last Interest BONDS Range Since Sold 105 Vi 106 86% Week's Range Friday Bonds Friday's Bid & Asked Low Pittsburgh Cine Chicago & St General mortgage 6s series A General mortgage 5s series B General mortgage 3%s series WEEK FOR Week's Range 92 V ref 3%s series D 1995—Afay-Nov Reading Co first Se 89% 89 Vi 89% • 20 *104% 105 Vi Reynolds (R J) Tobacco 3s debs 1973 April-Ocl Rochester Gas & Electric Corp— General mortgage 4%s series D 1977—Mar-Sept General mortgage 8%s series H 1967—Mar-Sepf General mortgage 3Vis series I 1967—Mar-Sepf General mortgage 3 Vis Series J 1969—Afar-Sept 1A Rut-Canadian 4s stamped 1949 Jan-July f§ARutland RR 4%s stamped 1941 Jan-July 1 t'' ■ • «' i', .t . _ *120% — ]' rr-ts' i 106% 106% .ApriZ-Oct 1979—Jane-Dec Virginia & Southwest first gtd 5s 2003 Jan-July First consolidated 5s 1958 ApriZ-Oct Virginian Ry 3s series B 1995 Afay-Nov First lien and ref mtge 3'/4s ser C 1973_Aprii-Oct *8% 8% : :v: 7 5 10 % 8% 9 102 103% 12 105 114% 130% 103 125% 127 Vi convertible debentures 1963 First and refund mtge 2%s ser G ■ *7% 107% 30 102 102 3%s 1 -J ♦-» O 1 £ 106% '106 Ji 107Vi 107% 104 — *106% Consol - 106% 105 *105 Vi 1955—Feb-Aug sinking fund series B 1957 May-Nov Virginia Electric & Power Co— First and refund mtge 2%s ser E 1975 Afar-Sept First and refund mtge 3s series F 1978—Afar-Sept gtd 4s series A RR consol Vandalla ' *105% 104 ♦99 91 % 96% 96% 11 44 96% 101 104% 1C3 10 103% 103 92 88% 97 90 90 105% — S gold 6s 1996 St Louis Rocky Mt & P 5s stamped St Louis-San Francisco Ry Co— Second St First bond certificates 4s 101 First Line mortgage AGeneral 92% 60 Vi May 60 Vi 63 Vi 117% 117% & Sons 2Vis 1866— debentures Shell 1974 Oil Union debentures coll Corp 2%s debentures Oil debentures Indiana Ry Southern 127 100% *98% 1971 trust 1965 7s (Oregon Lines) 4Vis debentures San Fran Term 1st mtge Pacific RR mortgage First mortgage First mortgage Southern Ry first Devel 63 — *60 * : — 3%s series 123 Vi 100% ; 2%s series P 2 Vis series G 1961 consol gold 5s 1994 3Vis first first Bell 1956 2%s debs 1983 Internat 1956 gold 5s 1996 gold 4s 1951 Tel debentures ASpokane 2%s debentures Oil ^ 2%s 99% 103% 95% 97 228 95 98% 93*% 103 92 97 106 »/4 first 1985 103 % 4Vis 2%s debentures •» — 95 113% 114J/4 25 111 74 103Vi 13 94 94 103 103% 1972 1973 106 105% Yonkers 105% 100% 102 lOlVi 101 Vi 101% 103% Included 107 not ■' ♦107 ' 106% — — a 124 12 1 103% 25 97% 98% 102% 103% 58% 98% 97% VV *101 911 105% 111% 795 104% 105% 1041/4 Te 101% 102 103% 102% 102% 10 102% 103 114% 115% 101% 30^% *103% *113% 114 104J/4 105 „ 46% 41 48% *— 46 46 Vi 3 99 100% V 99 June-Dec Afar-Sept "99 •Friday's bid and asked ABonds selling flat. tIThese 104% here Jan-July is a range. d-Ex-interest. e Odd-lot sale Included in the year's range, r Cash prices; no sales being ; , FOR Shares —1 Vending Corp ACF-Brill Motors Aero —1 Supply Manufacturing .„ 1.5 .—1 (N J) page 1 l7/a 300 4% 2,000 24% 4 2% 2% Jan 11 2 4% ■ May May Alabama Great 33. 13% Exchange ■ Apr 24% May Alabama Power Airlines Alaska 4.20% Week's Jan 5% Jan Alles & Jan 3% Apr for Week Shares Low Allied 14 6,300 10% Apr 9 300 7% Jan 14% May 9% May Low 10% 1,300 x88% 88 % 120 102 4% 102 102 25 4% 4% 7,400 17 % 17% 350 5% 5% 300 — Products Altes Brewing Co Altofer Bros common. 7% 80 shown Jan Jan January 1 High 12 Apr 92 % May 102 Feb 99% Jan 4 Jan 5% Mar Apr 6 5% Fisher common— Investing Corp (Mich) common Range Since High 10% Allied International 8% '■ Sales Range 88% preferred- lnc May 12% , Saturday, May 20 security, whether of Prices 10% Southern 4 1% , „nm , The 1950 year s range Last Appliance Air-Way Electric 21 800 . _ Sale Price Par 150 4% 2% 3 New York Curb 1 1,400 24% 4 x9% May iy» Jan nt RECORD High « Ainsworth Manufacturing common.. For footnotes see 1 ..10 Hat Stores lnc Associates lnc 13,300 10% 1% .„ Agnew Surpass Shoe Stores Air 9% High 4 warrants. Acme Aluminum Alloys Acme Wire Co common Adam 9% Low __ .. Section 77 01 transacted during current week. . STOCKS Ranre Since January J companies. WEEK ENDED MAY 26 for Week of Prices not sale , . receivership, or reorganized under Friday Range H oo * EXCHANGE Sales Week's Last 107% 69% 99% 2%s 1976-Jan-July issues were previously listed on the Curb Exchange. combination of all sales on both Exchanges. YEARLY AND RANGE Friday 106% *106% 107 transactions on New York Curb Exchange for the week beginning Curb Exchange itself, and is intended to include every - ABC 77% 46 13 following extended list we furnish a complete record of the ending the current Friday, May 26. It is compiled from the reports of the stock or bond, in which any dealings have occurred during the current year. Par 78% 77% 77 —- the Bankruptcy 102 In the Low 74 76 sale not Included in the year's n Under-the-rule sale not y Ex-coupon. 102 and Sale Price 104% 47 77 the year's range, 104 101 >/2 *103Vi in 99% 3 102 102 delivery Deferred 101 % 29 102 J/4 102% Jan-July Jan-July WEEKLY ,New York Curb Exchange 102% 104% 105% 102% included in the year's range, NEW YORK CURB STOCKS 97% 85 101% 110% 111% 104% 1936—Afay-Nov ^Negotiability impaired by maturity. fCompanies reported as being in bankruptcy, Act, or securities assumed by such 59% 40 59'/4 103% 103% 99% Electric Light & Power 108 5 10 *..* 102% 36 97% 96% 109 100 Vi 100'/2 May-No® 1966 101% 101% 102 96 92% 102 8 106% 107 59'A 103 99% 120% 94"% 95 Vi ' 113% 101% 104 % 96% ■ 87 Vi *— Jan-July 1974 mm- 90% 60 11 ~ Jan-July of Certificates 105% 103% 110% Jan-July and term first 4s deposit Wisconsin Electric Power 2%s 1976 First mortgage 2%s 1979 Wisconsin Public Service 3 Vis 1971 A 104% ♦101% 102 Jan-July of 55% 26 ' a § ASu & Du div 95% 87% *„ April 2013 93 92% *— Afay-Nov _ gold Corp 2%s debentures debentures 102% — — 107% Certificates 28 45 104% 4s 1949 deposit 8 A First general A 100% 331 107Vi 106 *102% Standard Oil of California 23/4s debs 1966—Feb-Auy Standard Oil (N J) debentures 2%s 1971—Afay-Nov Sunray 125 100% 101% 93i/4 Jan-July Jan-July Jan-July Jan-July ApriZ-Oct ApriZ-Oct April-Oct Jan-July _Jan-July April-Oct general 6s series A 1956 Southwestern 83 96% 1975_June-Dec and Div 77 V 77 Vi 64% 40 "58% 103% 104 97- Mar-Sepf Mar-Sepl Jan-July April-Oct 107% 62% 57 101% 104 , 101% Jan-July 2%s A 1992 Wheeling Steel 3%s series C 1970 First mortgage 3Vis series D 1967 Wilson & Co first mortgage 3s 1958 Winston-Salem S B first 4s 1960 ^Wisconsin Central Ry— 105 12* 61% Mar-Sept 1973- Wheeling & Lake Erie RR 102 104 30 101J/8 *103 % 104 Vi 77 Vi 107% 105% *105% 106% 101 99% 106% 106 4 106 % 106% 103% June-Dec 106 y8 i04ya 102% 103 104 m. 106% 105 y8 58 Afar-Sept 5s 30-year 105 1 103 — 105% 105% 61 % 54 101 101 101ft — *105% 106% 91 50 y8 ; 105% 105% * 101% 87% 5 53 *101% —— 79% 73 98% *101 Union Telegraph Co— 25-year 124 123% — 93 Vi 1986 1996 and general 6Vis series A Div gold 5s 1951 1960 Westinghouse Electric Corp— 2%s debentures 1971. 2.65s convertible debentures Bonds called July 1 1950 100% ser A E Devel Louis 68% 103% 98% 22 98% 98% 98 Vi 1 Co— 27/8s and general 4s series A Memphis Western Apr-Oct 1960 Devel St 99% 102% r-t o Afar-Sept Afay-Nov 1 1977 A 1981 First 99% 98% 1 1 5 ' —- 81 73% 13 88% 87% *51 ' ; ♦102Vi Jan-July 1969 Southern 86% May- Nov 4Vis convertible 101% 98% — — 99 " 53% 99'A April-Oct 1941_Feb-Aug Jan-July gtd gold 75% 185 85Vi 84 84 May June-Dec 98% 2%s 1994— First 3s 127% 100 14 i 100% 100 Vi Jan-July Gold 4 Vis 104% — Pacific Co- Gold 106 103% *126% ref — 87% 3Vis 1976—Afay-Nov 3J/as 2000—-Feb-Aug debentures conv first — 99 2 74 73% 73% Washington 103% 105 1 Co RR 75 100 73% April Income 4Vis series B Terminal 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Deo General mortgage 3%s 1967— Jan-July General mortgage 3s guaranteed 1979—Afay-Nov West Penn Electric 3%s 1974 May-JVo® West Penn Power 3J/2S series I 1966 Jan-July West Shore first 4s guaranteed 2361 Jan-July 4s registered 2361 Jan-July Western Maryland first mortgage 4s 1952_Aprll-Oct Gen mtge 4J/2S-4s series A 1969 Apr-Oct Western Pacific 4%s Income A Jan 2014— May 120 „ *102% 1987 Southern Walworth . Socony-Vacuum Oil 2 Vis 1976 June-Dec South & North Ala RR gtd 5s 1963 April-Oct Southern Bell Telephone & Telegraph Co— 3s debentures 1979 J an-July 234s debentures 1985 Feb-Auy 2%s 66% 99% 7 A Jan 1981— Jan 1991 April mortgage 3J/»s series B 1971 Feb-Aug First 117% 8 ? 105 June-Dec * 2%s t§ASilesian-Amer Skelly ■'V- *104 Jan-July 1996_ mtge 94% > A mtge 4s Income series 56% 222 103% 103% 105 *104% Co— series 4s Gen Warren 1989_jan-July mtge 4Vis series A Jan 2016 Seagram (Jos E.) 3s RR Wabash RR Co— 90 82 93 and ref Air 101 91% gold 5s series A 1990—_Jan-July St Paul & Duluth first cons gold 4s l968_June-Dec St Paul Union Depot 3Vis B 1971— Aprll-Ocf Scioto V & New England 1st gtd 4s 1989—May-No® Seaboard 75 101 98% 6 W 71 65 72 101 May-No® 1989 Second 4s lnc bond certificates Nov General 104% 103% . . *75% Jan-July series A Jan 2022 Louis-Southwestern Ry— mtge lnc 4%s ASecond 70 *G8% Gen 1997 mortgage 4s series A 1st 1996—Jan-July April-Oct 1955_Jan-July 5 104% 104% Mar-Sept Saguenay Power Ss series A 1971 St. Lawrence & Adirond'k 1st gold 5s 3% Jan 16% 4 May Jan Feb Jan 18% 5% May 6Vb Jan 5% Mar 6 Jan NEW Friday Week's Last Range of Trices Par $3.75 cumulative • common preferred 100 Aluminum Goods Manufacturing Aluminum Industries common * 59 58 Low 59 Va 8.300 51% 600 96 % Air Filter 5% conv pfd SAmerican Bantam Car Co class A American Beverage common American Book Co American Class 6% 54% 54 V* l'/s 9'A 1% 1% preferred 11% x20'/a 11% 4% Jan 13% Apr 21 % Jan 15 V» 100 4 '/s 33,60u 14% Apr /j| £ cO 13% Jan %> 18% 6,400 29 'A x29% 20 30 V4 1,700 29% May 34% Jan 27% 27% 425 26 Apr 31 1,300 26 Jan 31 Feb 4,900 27% Feb 7'A 6% 7 V. 1.800 3% Jan 37 % May g \>A 1 % % u 14,100 % Jan 116% Jan 133 Mar Jan 5 Apr Jan 7% Apr x4% x4% 4uO 4 % 6 6% 5% 6% 2,300 6 6 Vs 300 13% 500 3% 3% 3% 500 1 Aspinook (The) Corp Associated Electric Industries— 6% 100 111% 1 pfd 6% • America Associated Tel & Tel class A Atlantic Coast Fisheries 11 • 11% 10% • 11% 10% 113 5% Mar 7% May Corp warrants Plywood Corp Jan 11% 1,800 30 10% 1,200 11% 12% 800 3 % common ~4% ~5'/s 16 10% Apr 10% Feb 9'/a Jan Feb 7 */n 12% .ipr Baldwin 7% Co • Baldwin Banco Rubber Co common 1 de los Andes— American Barcelona !*>% Barium Lt Steel & Pwr Ltd Corp Beau-Brummel Ties Beck (AS) Shoe Bellanca Aircraft Bell Telephone Benrus common of Watch Co Benson & Hedges Bickford's Inc Inc common Jan (H C) Co common • 5%% prior cumulative preferred_100 Borne, Scrymser Bourjois Inc Co Brazilian Traction Light & Power Breeze Corp common Bridgeport Brillo Gas Light Co Manufacturing Co American common dep rets ord Amer dep British rets Celanese Amer Co bearer ord Bruce 7 Colt's L) Mills Buckeye Bunker Burd Co *1 Ltd Pipe Hill Piston class B & Sullivan Ring Co Burma Corp Amer dep rets Barry Biscuit Corp Products Cables & WirelessAmerican dep rets 5 % Calamba Sugar Estate Canada Bread Co Ltd.. Canners Ltd common Convertible preferred Canadian Industrial Alcohol— Class A voting Jan 16 May 10% Feb 3,700 52 V* Apr Canadian Marconi 6,200 1,200 300 Carman & Carnation Carolina 35% Mar 9% Jan Jan 3% Jan 6% Mar 2 Vs 2 »/4 7% Jan 5 Va May common Power & Light $5 pfd Carr-Consolidated Biscuit Co 7,300 Jan 30,200 1% Jan 200 5 J/4 2 J/4 6% Jan 8 6Vs Apr 7 J/8 * Apr 8 3/4 Mar 30% 7,400 500 Apr 5% May 31 53/4 S 14 Jan 50 13% Mar 15 Apr 14 25 '.,5% 5% 300 5 % 5% 6V8 4,400 4% Jan 4% 5>/s 900 4% Jan 51% 58% 2,500 39% 58% 5% « Jan ' Jan 6% Feb 5% Apr 53 % May 7% 2,200 6% Jan 8 -10 15% 16% 3,200 15 % May 18 10 10'A 500 13 1 * 8 Jan 6% Feb .. 7% Liquidating Corp Cook Paint & Varnish Co 33/8 1 * 3 >/2 78 J/4 Mar 1,300 May May 23/4 1 22 Jan Coro 13% Feb Corroon Mar & Reynolds common preferred 3% May 20 Apr 30 100 3 Jan Jan 34 May % ft 9% 9% 100 9 Apr 1 Inc 90 Vs May Mar —5c Cornucopia Gold Mines 6% 6% 1,400 6 "A Jan 17 1,400 17'A Feb 13% • Jan 59 V. Feb 38 Va ft Jan May % Jan 11% Jan 7% Feb 200 163A Jan 17% Mar 1 10% 103/8 11 21,300 5% Jan IIV4 May 50 cljtss A 53% 52% 55 1,075 34 J/4 Jan 57% May 2% Mar 30% Apr 3 % May 37% May 1% Apr 3 % Feb * Petrole^8r'common convertible preferred receipts . (ord reg)__£I 5 J/8 Mar 5 V. 6 Feb May •2% Apr 400 33% Mar 35'/2 Jan 7% 200 7 250 52 Jan Jan 16'/2 Feb 10% 2'/a 5 Cuban 4 Atlantic? Sugar Cuban Tobacco 10 'A 11 1,800 175 4Vs 4 V. 8 7,100 Apr 7% 400 7 J/4 Mar 1, 63% 67 2,700 51 Jan 83 210 78 Mar 130 19 22 5Vs 500 19% 3,300 Jan 13'A 8 J/8 115 Jan 5 Curtis Lighting Inc common Curtis Manufacturing Co (Mo) 2.50 Jan Davenport Hosiery Mills Davidson-Brothers Inc 9!/a Day Jan 67 May P4 3/, mtof 23 J/2 Mar 5 Jan 5% Jan 16% Jan 20% Apr Jan 8% Mines Apr 2>/4 2% 5,400 2% 1,500 20% 20% 7,900 10 J/2 50 6 J/4 50 13 J/4 200 Jan 18 3/4 Mar 3% Jan 3% Apr 69 Apr 21% Jan Jan 50'A . 1 May 7Vs May 5J/2 Mar 2'A 1 ■ 20 3/4 8 12 9 J/2 May 6 J/4 - Jan Davton Rubber Dejay Stores Dennison 8% Co class 12% 6% Jan Mfg class A 10 x25% Jan 30 Apr 7 7 100 6% Apr 8 % Jan 10% Jan 12% 12% 12% 1,300 9% 2% 2% 2,000 ,1% 24% 800 22% Jan • 12% 12% 200 11 Feb Jan Dobeckmun Co Apr Domestic Credit Corp class A Dominion Bridge Co Ltd Jan 23% 13% 2,400 1,900 Jan 2% Jan 11% Jan 5% Jan 11'/a Apr Dominion Tar & Chemical Co Ltd Dominion Textile Co Ltd common 25% Apr Draper Corp 3% May 14% Feb 5% 1,500 13% 2,900 11% May 13% May 300 17% May 5% May 19% Mar 1,900 11% Jan 13% May 2,500 13% Mar 16% May 8% i7e ft % 5,900 4% 4'/a 4% 5,000 1.200 6% Apr 6 Jan Mar 6% 9 ft Jan 3% common Apr 17% 1 ; American dep rets ord reg 4s 2% 11% 12%o class B Feb Driver Coal class B 3% Mar 1 xl3% 1 4% Co • 7% 6 ft 7% 16,200 8% 8% 8% 5,800 5% Jan % 4% 13% 5 Apr 25 16% 16% • 20% 21 «. 3% 10 80% 78 80% 29 29 97 97 .. • Jan 5% May May 39 Jan 16 Vs May 18% Jan 24% Feb 1 ■ 29 Apr 14 Vs Jan 20 % 200 600 * 2 Apr 12 Vs Mar 1,800 3,500 37 69 1,150 May 10 Vs 9% Mar Jan 50 24% 50 85 Mar. Jan . Feb ' 83 30 Apr 98 Mar Apr Dunlop Rubber Co Ltd— American dep rets ord reg Duraloy £1 5% 100 5% Feb 3% 3% 400 2% Feb 3% Feb 14% Jan 3% Mar 5 % Apr (The) Co Durham Hosiery class B common Duro Test Corp common 1 1 ~4 ~4 Duval "4% • 15% 15% 16 • 2Vs 2Vs 2% 100 683/4 68% 701/4 825 100 65 63 65'/a 2,100 "3 J/s ~3Vs "3'A 400 75% 76 100 70 Sulphur & Potash Co— Apr 5% 3% Apr 5 Apr 4% 5% Mar Apr 5H Mar 7% 8 9% Mar Jan Apr 2% 24% Mar 12% May 12% 500 13 3,600 Mar 6% Apr Jan 17 Jan 2% Apr 11% Jan % 1% Mar 200 X13 * E prior preferred preferred Eastern Malleable Iron Apr $7 preferred series A. 66 May 3% Jan 73% Mar Feb 60% May 75 25 May 30 % 3 Jan 4 Jan 76 May Jan 67 $6 preferred series B. Eastern Sugar Associates— Common shares of beneficial lnt 2y# Mar 6,000 25 Eastern States Corp. 4% 14% Mar 146 Jan Feb 1% • Harris Duke Power Co 6% 300 Jan Distillers Co Ltd— Dominion Steel & 11 135 Jan 2% Jan 23% x7% Jan 2% Devoe & Raynolds 23% 4% 28% Apr Apr 8% 28% 1 21% 15% Apr 1 Jan 13 Apr 1% 100 22% Mar 3% 6% 10 debenture 33% 1% 700 1,500 Detroit Gray Iron Foundry Detroit Steel Products Feb 25 V2 36% Jan 6% 2% 5 common Jan 8 Mar 6% 2ft 50c 17 100 34 Apr 15% Feb May 35 common 32 22% 13 1 A 90 23% Mar 13 10c common Detroit Gasket & Manufacturing 5 ~6Vi 5 Inc 200 4% J an 5% 10% May 2'A May 2.50 4 'A Mar 20 4% 5 J/4 400 Feb 33% 8 2 'A Mar J 2.500 Apr 50 14% Jan 10% 25c ___• 700 12% 11 400 7,600 ' 10 common 7 5% 7 1 2 J/a common 24 12% 8 63/b * 2% 6 . 6,600 2 J/2 7 J/2 6% 9,600 13/8 10% 1 37% l'A ■ Apr 13'A -6 36 J/s v > Jan 10% May 3% Jan 1J/4 Crystal Oil Refining common $6 preferred 7 J/4 Mar 17% 36 Vz 1 Crown Cork Intemat'l "A" partic Crown Drug Co common Apr 34% _9% 3% - 5 Brewing Co Crosley Motors Ipc Crowley MilneHJS "Co! Crown Cent Pefftrfeum (Md)_— May 100 Va 18% dep Creole Petroleum Jan 12 % 17 % 1 67 69J/2 375 Apr 60% May __ 20% 20 J/2 200 18% Jan 23 Feb 77% Jan 81 Mar 69 Va May $5 pfd shares of beneficial int.: Easy Washing Machine class B 1 • 11% 11% Electric Eond & Share common 12Vs 1,200 8% Jan 30% May 5 19% 19% 20% 21,200 17% Jan 23 V4 Mar 1 13 13 11% Jan 19% 103 Va Feb Apr 16 7% Jan 10% Apr 7% Jan 10% Apr Electrographlc Corp common Empire District Electric 5% pfd Empire Millwork Corp Emsco Derrick & Equipment Equity Corp common $3 convertible preferred. Esquire Inc 22% • 30% 30% 20 400 Jan 30% May 24 Mar • • 16 8% 8% 8% 200 Apr Eureka 100 150% Mar 3% 3% 3% 8,900 5 22% 22% 22% 50 8% 800 3% 200 1 8% 3% 1 26 < 16% Jan 12% • Jan 5 1 8% 9 17% • May 17 5% 25 Inc Feb 500 1 % Mar 2.50 Co Co 29 Va 20 6% 10% May 1% Mar 1 Capital City Products common Carey Baxter & Kennedy Inc 15 Vs Mar 7% Croft 7% Mar • 800 J/4 .4% . 4 1 Continental Foundry & Machine Co—1 • Class B non-voting Canadian Industries Ltd— 7% preferred 4% Continental Car-Na-Var Corp American • Canadian 16 J/4 4 4% 34 100 5 Canada Cement Co Ltd common— 6 % % preference 16 16%" 1}S May 17% May 34 1 California Electric Power Camden Fire Insurance 15 600 12% 1% 4% Jan 5,100 > preferred—£1 Calgary & Edmonton Corp Ltd 12% 1% Apr 100 1 100 18 J/4 • common—50o 14% 1% May x15% Feb 5% Manufacturing Co 4%% Electric 14'/a 1 Eastern Gas & Fuel Assn common Cable 1,200 J/2 100 15 % Feb , 267,600 17 J/8 100 12% 653/4 . 1% 17 3/a 1ft 17% 10 2.50 11,600 Apr 13,b May 80 May Jan 11% * 79 3A 8% 17 1 Vtc ext to 1956— «... 4% * Line 76 J/4 1 Community Public Service. Compo Shoe Machinery— J°n 2.50 common. 76% 5 10 —1 AirlineiCt. Commodore Hotel May 1 (E Bruck Apr 17% 150 22% 3% Apr U —1 19% 12% 73/4 2,600 4% May 15% Mar 12,500 11% * 2 500 IV. Feb 1,400 Ltd— B 8 J/4 lJ/s 1,350 10 Brown Forman Distillers 1 4% cumulative Junior preferred—10 Brown Rubber Co common 7% 1% 1ft 33% 10s Feb 8% 89 J/2 £1 A 10 88 J/a 12% 6% 20 May May Jan 88% £1 reg dep rets oid reg Columbia Power class Class • 73/4 J/4 Consolidated Mining & Smelting Ltd__5 Consolidated Royalty Oil -0 36% 24 • 1,600 8 1134 May Apr 12 5 Tobacco— Amer British 57% 20% * Oil 22 51% 82 24 Jan 8 DevelopmCTit ordinary 5% 8 19% 65 Va 173/4 Courtaulds Ltd— 56 10% 1 • Class A British-American British • 60'A Mar 375 8 Va — Colonial Sand & Stone Co 13% May 15 5 9J/4 Mar 275 22 Jan 6% Mar 94 22 5,600 65J/a 19 J/4 Apr 34% 1 11% 64 J/4 5V4 12% 25 "91/4 H% 22 11 12 Va 65% Apr Jan Apr 14% 8 7V» Bohack 10 Jan Jan 300 6 • Jan 7% Jan 600 6 % 83/4 " Colonial ■' 4 Feb Jan 4% 10% 6J/2 43,4 6% 7 Vs 1 600 May 5 J/4 9V« 35% 3 Ridge Corp common Blumenthal (S) & Co common x7 4 38 J/a 12 J/2 1 Blue x7 X7 Feb 363/4 May 3% Jan ' 2,300 100 250 • common . Apr 1,600 8% ~4 Vs Blrdsboro Steel Fdry & Mach Co com.* Blauner's common ■' "4% Feb 8 J/a 5J/s 2,100 ~7% common Feb 21 J/a Feb 5 J/B 6% 4% 1 , "4 J/4 4% 100 Jan 7 3 J/a 7% 12% 11% Canada common__25 14J/a Feb Mar • 16 Vs 2% 21% 1 5 7% 1 Jan Consolidated 10% 1 14 % 309 Consolidated Gas Utilities— 16 1 150 18 May Jan 1 common 18 173 Jan 500 1 Corp Jan 3% 4,700 1 Refractories Inc Baumann (L) & Co common Jan 142 J/a 67% 5% • Basic 143/8 700 7% • Colon J?n 11 shares Tr 700 Jan 16 Vs 12% 18 18% 98 J/a 22 Apr 11 30 18 4 Cockshiltt Plow 'Co common Jan 116% M -i' 11% Jan % Mar 16% Locomotive— preferred 165 85'/a Mar 103/4 Jan Jan 2% 8% 57% 18 160 18 10 5 10 Club Aluminum products Co B Wilcox 18 161 100 100 100 10 2 10 94 ' • Clayton & Lambert Manufacturing Clinchfield CoaLCorp common $1 & May — 1 10 Mining jNeon Inc "common Cosden Babcock Jan 8 J/8 Jan 41% 5% 6% 81% 1,300 7 J/4 800 < 5% 3 Apr 44 • 60 8% Jan 26J/4 Jan Jan 125 3 16 V. 25 Jan 111% May 8% Jan 500 59 ~5 preferred 10 6% — 58 V. 841/2 5Vb 6'/a May 10 % __ Claude 112% May 10% % Service Rights 3% Mar Jan 12'A • Cities or 6% 10% 5 Feb A 3% 113 1 Automatic Voting Machine Avery (B F) & Sons common 2% 14% 109% 2,500 13,300 1 Inc Jan 140 50 - 12% 1,800 1 1 » Consolidated City Auto Stamping City & Suburban Homes„_ Clark Controller Co____1Clarostat Manufacturing Co Jan 4'/e 6y8 Jan 22% Mar 2,600 * Air Lines Voting trust certificates Chiei 6% May 6 common Ch^nvo Ar Southern Feb 14,300 2.50 • Co 7 6% 11% 11 10 £1 reg 6% 111% 112'A 4% U Carp America of Co Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet & Machine Feb 28 V. 12% non-voting-, preferred Power & Light $7 pfd Equipment Corp Ayrshire Collieries Corp 37% Mar 37 % 1,350 6 V. — 1 2.50 Cessna Aircraft Co common Chamberlin 35% opt div series preferred Charis 27% 13% common Products Jan 28 x4'A preferred 20% May 30% Mav 35 % 1 of 18% 1 Vs Mar Jan 3% Mar 8% pfd opt div series 1929 Century Electric Co common Century Investors Inc Convertible preference Jan 1P >/-» _—£1 6% 6% 10% 770 4 % 19 1 Arkansas Steel 400 20% Ltd— Manufacturing Co Automatic 12% 19% 15 'A 5 common rets Jan 5 Va 1,600 24% 83% 8% Conv 2 dep rets ord reg 5% 84% preferred Conv 2% 1J/8 Mar 4% 22% 23 10 1 i- 100 1 41% Mar 5 Products America Central Power & Light 4% pfd 100 SCentral States Elec 6% preferred__100 9% Mar Jan 1 High — ~6 4% 4% & Co — ~6 1°° Jan • Appalachian Elec Pwr 4 %% Argus Inc ; Atlas 8% 10c Angostura-Wupperman Atlas 300 2 American Writing Paper common Line 9% 10 preferred — 6 —— 3.50% Apr January Low Maine Power Co— Central Jan 39 * Natural Gas Common class A 1% 85 125 20 Republics American Seal-Kap common Amer Superpower Corp common Arkansas Feb 39 25 com Class D Atlantic Coast 76 Va 39 * Laundries Mar 100 7% 25 American Associated 300 82 36% Mar Co dep l'/s .£1 common Catalin Corp of r Apr American Natural Gas Co 6% pfd—25 American Potash & Chem class A • American Castle (A M) Mar " Apr 1 Aro 15 .inn 1% 2 Apex-Elec Jan P. 3,700 1 Co Products common. Co Casco 33% Metal Oil 57% May 25 Maracaibo Co Amer Feb 1,300 American Inc Products 45% 2,500 2 American Post Jan Range Since Low ' High 2s 6d 1 Amer 35 Laundry Machine Manufacturing Co Anchor 8% Shares Ltd— dep rets A ord dep rets B ord Carter (J W) Co common Amer Jan 35 American Angerman Co Anglo-Iranian Carreras May 1 American series 55% 81 Va 10c preferred American Thread 5% 26 for Week Central Ohio Steel Products..^ Hard Meter Mar 500 "% "ft ft 1 American American 6 59 Va 101% Mar Light— American General Corp common $2 convertible preferred Rubber Jan May Sales Range of Prices Par High 13% 1 1 convertible "7 18 B $2.50 7 100 Cities Power <3s Jan 24 * Amer 1 High 99% 100 Va 100'A Week's Last Sale Price STOCKS New York Curb Exchange Range Since January 1 • Aluminium Ltd common Low Monday, May 29, ■ < Friday Shares Aluminum Co of America 1 26 MAY for Week Sale Price ENDED Sales STOCKS New York Curb Exchange WEEK FOR ■ . EXCHANGE CURB YORK RANGE $6 Financial Chronicle The Commercial and (2222) 8 3% 78 Va 83 113% 113% 825 25 2% 17 7% Jan Jan Apr 2% Mar 63 112% Jan Apr 150 Va Mar 4% 100 6 1% 20 6% 15% 42 1% 41% 5 1,000 15% 200 1% 7,700 42 175 10 5% 1,000 ft Corp Ltd Eureka Pipe Line common. 107% 107% 1 5 10c 100. % 1,700 13% 13% 25 Apr Apr 12 May 108 1% Jan 6% May Feb 5% 1 13% 19% Mar Jan 1% Mar 41% May 4% May jan x45 6 ft Jan 13 V2 May Jan U Apr 16% Feb Apr 25 May 9 Jan 3% Mar 83 114 Va Mfy Jan Fair child Camera Fair child Engine As Instrument- & Airplane Unfolliirtrlrftl 27% 1,500 22% Jan 6% 16,900 4% Jan 15 V« 5.100 10 Vs Jan * 29% Mar 7% May 16 Va Apr Number 4911 171 olume ,,(2223) The Commercial and Financial Chronicle . . . NEW YORK RANGE Week's Friday York Curb New Exchange Range wirst *2 Low A Ciasts Class B voting ° 32% 10% 10% 2% for Week of Prices Shares 31% Mar 33% 11 37/a 2,100 36 36% 125 , 3% Feb 6% Jan Jan % 14% 14 14 8% .1.28 1,100 5 22% Jan 11% 38 v., 13'/a Jan 18 , 91% Power Co common —* preferred 100 Gellman Mfg Co common 1 General Alloys Co — General Builders Supply Corp com 1 5 % convertible preferred -25 General Electric Co Ltd— Amer dep rets ord reg—; £1 General Finance Corp common 1 5% preferred series A_ —-1° General Fireprooling common —* Gatineau 5% common New Gas & Electric 4%% Kansas 34 Mar Kawneer Co Jan 14 May 7% Apr 8'A Glenmore 24% 7% May Jan Mar-'- 2% J 800 24% 6% 6% 6% 24% 4% 3,800 2% May"' 113-r 1 pfd—100 * ~3% ~3% 1,000 7% 7% 7% 4,700 20% 250 20 20 Feb Mar 3 May 116% Mar 109% May 4% Jan r 8 May 22% Apr May ~ 14% Feb 15% 14,600 12% 12% 2,800 11% Mar 17% Jan "* "13% May 19 y4 1 5 197/a 1,600 11 Jan 20% May 12 % 2% Apr 50 17% Jan —5 106% 54,400 4% 200 15% 10 10% 1,300 12% 12% .100 6% Co 13 5% Jan 10% May 3% Jan 3% Jan 127/a 22% May common-— (Walter) & Co Kimberly-Clark Corp— 4%% preferred Kings County Lighting common 4% cumulative preferred King Seeley Corp Kingston Products Kirby Petroleum • Knott 26% _1 3% 3% _1 20% Apr Apr Feb Jan Jan 28% May 5% Apr Jan 19% May 11% 7,000 1 May 9% May 13% 100 12 Va Mar 12% 12% 900 9% 9% 600 12% May 7% Jan 13 % 13% 200 13Va May 2% 13% 9 Va 42 21 25,300 1% 1077/8 May Jan 13 1 33%o Forge Co (The) Feb 2% 20% 2% 400 1 Kobacker Stores Jan 1,400 4 1 10 5 Kreuger Brewing Co Jan 13 Jan -v Corp 12% 7 3,300 17 ..1 13% May Mar 38% 325 28% 27% Jan 103% 3,500 40 „1 Co common (I B) Rubber Co Hotels Kropp Feb Jan 107/a Mar 50 8% 8% 39% (D Emil) Kleinert 7% 21 9% ! 500 106% 107 8% ".50 Kirkland Lake G M Co Ltd Klein Jan Jan 11% 19% 2 % May 1-ft Jan 10 Jan 13% Apr 14% Mar 9% 16 Feb Jan 2% Jan L 4% Feb 5% Mar ir" Jan 13% 14% 100 19% 6 6% 6% May '7109 - Apr 107% 100 3% 24% May 107% Jan Jan Feb 100 114 % U4% 8% Mar *49% Feb Jan 4W' Jan 2,400 3% 8 Apr 7% Jan ; 100% Feb* 70 106 23% M$r 7% Mar 41% Apr 4% May ' Feb 6% May 100 1,000 / 4 Xl4% Co Inc Globe Union 49% 106 •—■*--* Coal Distilleries class B Glen Alden 83% Feb . 3% Mar 4,100 8% 44% 24% —1 —* —* 125 — 7% 7% 7% _ * 1 Gladding McBean & Co 16% Jan Apr •* Outdoor Adv 6% pfd 100 Phoenix Corp. 1 Plywood Corp common 50c General Public Service $6 preferred—* Georgia Power $6 preferred * Gilbert (A C) common 4% 1% General Gilchrist Co 15% Jan »1 ftj&n • 500 3% 3% 22% Kennedy's Inc 23 General Yellowknife Gold Mines 8,700 "37/8 General Giant 7% 6 ■ pnierred Gerlty-Mich Corp 50 6'A Z"-~zz $5 91% Jan Apr 3% 10% Corp Kalser-Frazer Feb 10 300 Jan 6% 2% 22 Co. Kidde 16% 3% 300 Feb 11% Jan Jan Key 16 300 8,100 2% May 29% 1,800 4 10% H J»n 8% Mar 100 13 13 (Geo A) Co_ 33% High 2% * Preference 7% 33% Low 9% 10% 1 1 (N J) 4 4 1 Jeanette Glass Co common Jefferson Lake Sulphur Co Julian & Kokenge ft Feb 600 ; 9 1 Range Since January 1 High 34% May 13,500 ft Apr May 21 ... Low >■ Jan Jim Brown Stores common 12,500 —. Par Jan 10% May 34% <• 76 25 3% bearer- —1 preferred convertible *61% Feb 300 317/s & Co Inc common. —50 Franklin Simon Range Sale Price High „ 3% 3% . ui. Apr 347/s • „ — h American deposit receipts Fort Pitt Brewing Co fox (Peter) Brewing 4%% 32% 10% of France— p0rd Motor Fuller 1,000 • non-voting Class 27/« £1 Canada- Motor of 2% __ __1 deposit rets ord reg American Ford -110 2% .„1 Ltd— Motor Co i?nrd preferred Co Inc (new) (M H) Last New York Curb Exchange BatifeSbse* Janaary 1 Louj 66% Sales Week's Friday ' High 66 .10c York Corp common dividend cumulative Fishman 26 STOCKS Shares „10 Association (Phila)— MAY ENDED for Week of Prices Par Plre WEEK Sales Last Sale Price STOCKS EXCHANGE CURB FOR 31 14% Laclede-Christy Company Salle La 2,000 6% 7% 7Y8 187/a Monotype Machine Extension University— 4% 400 11 Va 6% Lakey Foundry & Machine Lamson Corp of Delaware Lanston 4% 10% 11 12% 600 15 4% L'Alglon Apparel Inc.. Lake Shore Mines Ltd—,. 187/a 7 10 19% 200 — _ 5 Mar Jan Mar 8% Jan 18% May 1,200 14% ' 15% May 12% 8% 22% Jan 6 400 ; — — Xl4% Lefcourt Realty common Feb 6% Mar 1,500 7% Jan May 5% Mar . 12% Feb 7% Jan Jan 14% May 12'A May 15% Feb Le Tourneau (R G) Inc 12% 12% 12% 1,800 Lionel common 22% 22 Va 22% 3,000 15% Jan 24 Va Apr 11 11 11% 1,400 10% May 12% Jan 26 Va Apr 29% May 27% May Corp Lit Brothers common. . 3% Godchaux Sugars 3% 3% 42% 43% V/b 1,400 43% 1 • Inc common class A Gobel (Adolf) 275 41% 28* $4.50 prior preferred Goldfield Consolidated Mines Goodman 78 —• 1 % ft Gorham Inc class A —• Varnish Gray Manufacturing Co— 30 33 v 14% 14% 10% 32% Manufacturing common..—4 Graham-Paige Motors 5% conv pfd—25 Gorham 4% 11% U May 30 *.'S0f Mar % Jan : *47% Mar * 6 Jan 2BWMay^: **33 'AMay 2,000 9- 500 16% Mar 8% Apr Jan Jan 9% May 3,000 , 45 * Jan Apr 6% 1 5 Grand Rapids ^Feb 45 100 5 5 4% Apr - . A Mar 3,500 50 Manufacturing Co , Jan 74 150 78 Jan Jan Mar 12% Jan _ . Great Atlantic & Pacific Tea— Oil Lakes & Chemical Northern Great Grocery Stores Products Gulf States Utilities $4.40 pfd 128% 210 1% 129 1 40 % 40% 41 27% 27% 9% ' 10% 600 110% 110% 10 110% 100 Gypsum Lime & Alabastine 500 132 1% 2 25c common , 1% 25 Paper Griesedieck Western Brewery 130 132 —_1 Co_ 6,700 140% 141 • 100 Non-voting common stock 7% 1st preferred Gt 146% Mar 137 r Feb Jan May 39 Apr 26 % 100 9 - 31% 10% Jan 109% Jan 112 i Feb Hamilton Bridge Co Ltd Hammermill Hartford Paper Electric Brewing Co Hathaway Bakeries Inc Hazeltine Corp Hearn Dept Stores common Hecla Mining Co Helena Rubinstein I •- 2 „25c l 1 9% * Class A 4% 400 14% Feb1' 19% May 190 47% Jan 53% May 21% = 2% V 9% 16 2,400 21% 7% 1% 100 300 9% ; 9% 20% 8 1% 700 2% 1% 2% 2% 5 1,300 10 175 13 preferred preferred Henry Holt & w v 12% 500 11% Jan 13% Mar 100% 101 160 96% Jan 11% ...J' '';I -1 Horder's I'l- .10 200 8% Mar 5% 600 3% .Jan • .15 6"% — 6,900 9 8% 2% 3% 3% 3,300 36% 37% 37% 250 10% 160 - 42% . • ~ 12% May x7% Mar Apr Jan (Harvey) Inc common Humble Oil & Refining Hurd Lock & Manufacturing Co Hussman Refrigerator $2.25 pfd Huyler's .5 1,000 18% Jan 89% 2,700 81 4% 300 Hydro-Electric III" Securities 37% May 13% 46 Jan Feb 167 Feb 34 Jan 111% Hygrade Food Products. .5 ■ Jan Mar 23 89% May 4% Jan Mar 52 Feb 3"% Apr 13 % Apr 18% Apr 200 3 Va Jan 3% Apr 2 13 % 100 15 15 -A- Apr Apr Co • common Chemical 18% Jan 12% 12% • Ireland Metal Textile Corp common preferred Participating Bumper Corp Michigan Michigan Steel Tube Michigan Sugar Co common 6% preferred 1 1 Corp common 5 Corp $1 conv preferred—* Middle West Oil Products— $2 non-cumulative dividend shares—• Midvale Co common • Mid-West Abrasive 50c Oil Midwest Pwr & T?f!Jrapce Co Light" 4%"pfdIII 100 Midwest Piping & Tnf!rnaHonal ... coupon 50c 50 • pfd—100 Public Service common • Wohl Co common Missouri Molybdenum _• Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumulative pfd series B—100 Monroe Loan Society com class A 1 participation pfd —I— "io ?«« « lnols G * E £0Wer & LiSht Inn c Service w 11% Apr Murray Ohio Mfg Co 8% Jan 11% Apr 1,500 ir n Trvll Irving ian 120 com For footnotes page see 113 Muter 83% 1,000 Jan 24% 7% Apr 9% May 9% 800 7% Jan 9% May 9% "■ 12% 12 1,400 .% 100 - 11 Jan A 12% May % Apr Jan class A 33. Jan 2 Feb 2,400 22 Va - 27% 28% 10,900 27% Apr 30% Mar 22 Va 22% 9,600 21% Apr 23% Mar 82% • * 13% 13% 300 6% v t c 1% 7% 1,600 n U 100 30 113 Va Mar 300 14% 110% May 12% Mar 10 100 10 8% 1 Jan 13% 13% 100 13 May 12% 13 900 12 Apr 14% Apr 11% May ; 15% Mar 14% Jan ' 31% Mar ... 7% 7% 2% Jan Jan 8% May Jan 150 28 Feb 18% 27% Apr 23 % May 31 Jan 6% Mar 10% May ~9% 9% 10% 1,800 14% 13% 14% 6,200 13% Jan 2% 2% 2% 5,800 1% Jan 8% i 8% 4% Jan : 500 104 % Mar ~6% 2% 6% 1,000 23 27"% 38% Mar- 2,000 7% 22% 23 31% Mar £ 34'A May 17 Feb 3% May 9% May 110% Apr 5 Apr 7% May 5% Jan 8 6% 6% 5,700 6% 6% 100 ~7% ~7% 1,600 6% Jan 7% Mar 200 7% Apr 1 Feb 9% May 1% May 53 ~7% x9 ~1% 1% 1% 12,300 Jan Mar 55% Mar 8% May 2,700 7 Feb 7% 8% 2,400 7% Feb 8% May 10% 11% 14,600 8% Feb 11% May 211 212 5,200 2ft Jan — 9 % May 8% 8% 8% 8', 1 x9 11 212 " 24% 12% 12% 10 50c common Company common 24% 20% —— 350 3% 900 2{| Mar 10% 6 f. 28% 2% 12 Jan Jan 26 Feb Apr 17% 4 Jan Jan 23 May 50 - 23% Jan 1% Feb 28% May 2% Apr 6 1,600 3% X41 % "8% 1 5% Mar 6% Apr 32% 10 May 11% 101 1 i*-i 0 — Jan Jan 20 400 2% 5% 24 1,600 21 28% 2% 50 13% 3% ■mmm« 1 Jan 34 Feb 29% 1 rl 0 1,100 42% 300 105 Jan Jan Feb Mar 42% May 8% — 9 2,100 6% Mar 9% May 2% ~ 2% 1,400 2% Mar 3 % 100 100% „ 50 97 Apr 105 Apr Jan 102% 185 ~2% 185 185 107% 2% Jan 3% 140 "2% Feb 1,400 176% Jan 185 May 34% ~2% Jan 38 Jan 5% 400 15 15% 1,700 32% 33% 700 5% —. 32% 5 Jan 13% Mar 31% Jan 6% Jan Feb Feb 15% May 357/a Mar Feb 104 Jan 29 26 29 450 24 Jan 29 May 44% 44% 44% 150 32% Jan 48 Apr 300 7% Apr 600 12% Feb —, 100% 100% 8% .... 8% 15 15% 10% 10% 20 11% 97 6,100 8% Jan 10% May 16'A May 11% May 12% Apr 13 7/a 3% - N Apr 1% 1% Mar 24% May 13% 84% May Apr 10,500 75% 131 Jan 16% May ~9% 19% 83 Jan 26 Va Jan Jan Jan \ Co Nachman Namm's Inc National Bellas National Breweries common Hess — Fuel 1 • common —25 — __ • Gas . Jan 13% Feb 5% Jan H May National Mallinson Fabrics 1 National Mfg & Stores common— Pressure Cooker common. 2 Mar National Radiator Co Jan National Rubber 7% May National Steel 1% National Transit 95 16% Jan — Machinery Car Ltd common!: _ 1 100 Jan Apr 5 May 3% 3% 41,300 3% Mar 4 Jan 26'A 25% 26% 1,430 25% May 35% Mar — - .... 13% 8% «... 10% 12% 8% 13% 20,600 Jan . 32% Feb 36% Mar 13% May 1,300 2,200 9% 7% Apr 10% 8% 10% —— 10 10Va Jan 14 Jan 8% Jan 11 Jan Mar 9% 6% Jan 7% 8% —4 —10 13% 3% —1 — common preferred National 13% —10 Corp National • 100 Superpower Corp May 14 28 d— * 103 103 Co¬ chute Jan Muskogee 7% com w d .®m&n Manufacturing 98% 400 12%. Verncn-Woodbury Muskegon Piston Ring common 900 % preferred Air 300 * 1% com w Tel St Tel Mills Mountain Mt Feb 15 international Safety Razor B Investors Royalty. IOWn "i States Apr Apr 106% 108 9% 10c 10 • 100 5 • 2.50 of America Corp Producers Mountain States Power common 13 Xl4% _« Products Plan Morris • • Ward & Co class A 27% 106% 83%. 1 _1 Corp Monogram Pictures common 27% 9 106 19,900 convertible preferred 4%% 18% Mar 24% 50 shs_. — Mining Corp of Canada Minnesota Power St Light 5% 18% Mar 102% 103 Industries A_ ternational Petroleum Registered shares Apr Supply common Mid-West Refineries 1,800 Xl4% lo Machinery. international Hydro-Electric— Preferred $3.50 series international May 4% I of North America- nemational Cigar 14 10 • 1 Co 13,300 11% 475 34% Steel 23% 9 £1 Mar 123% 31% 13 10 Middle States Petroleum common 23% 11% —5 • 152 8% 22% imperial Tobacco of Great Britain & 1% Feb 14% Mar Jan 14 100 1 25c 15 1 2.50 • A preferred 6%% 22% 22% « _ 13 % Mar 7,900 111% 111% • • 1 1 Mesabi Iron Co Mountain 3% Mar £1 Imperial Oil (Canada) coupon Registered Imperial Tobacco of Canada i Indianapolis 7% Mar 3,750 13 Industries— American dep receipts registered , Jan 121 "121 • . Moody Investors Imperial 9% Mar % • Harris common McKee (A G) & Co class B McWllliams Dredging Mead Johnson & Co Menasco Mfg Co Merritt Chapman St Scott Corp— Montgomery Illinois Zinc 28% May 150 34% £1 10 Massey Apr 250 3% 3% 48% 100 17 16 16 Jan 3% 500 3% 3 3Va .1 v 52 52 1 preferred-I 4% 4% * common 1st convertible 88 88% -5 22% 21 22 27% Mar Feb 11,900 137/a 121 1 * Power Shovel Marion Miller Hubbell 1 139% 5 10 Public Service Co Maine Midland Jan 108% — Apr 8 Va May 4,200 Jan 24 mm-* M Midland Jan Jan 28% 137 2 Mackintosh-Hemphill Co May 52 9% 32% May 5% 5% May 3% 42% May 158 May 300 33'A 33 33 Mar Jan 9% May 40 160 158 158% • 31 55 43 Jan 44% Mar 625 13% 26 Va 22% ■ 75 — 137 1 • Lynch Corp 24 H ■,'dt Micromatic Hone Corp 10% • • Jan 77% May " 51% 87/a 9 -1 Inc — —- 48% 48% 102 -Jan 74 80 17% May Jan 77% 11% 5 .10 —5 Jan 12% Mar 101 6% 27% — Apr 8% Jan 11% Mar 17% 77% G 22% Jan 13 " Hollinger Consolidated Holly Stores Inc Holophane Co common 11% Mar Mdy'% 16% —1 5% convertible preferre Hoe (R) & Co class A " x .100 w Co common- Jan 13 • .100 w Jan 2% 2% May 11% 11 2 w Apr Jan Jan 6% 1,500 8 * Heller Co common 5%% i9% y 53% V \ 1 Harvard common Jan ;; 12% 18% 19% 25 Hartford Rayon common 6% Jan Mar 6%.," 1,600 52% 5 '. 100 100 preferred A ctfs of deposit preferred B ctfs of deposit Louisiana Land St Exploration Louisiana Power St Light $6 pfd 1% Communication Co Ltd • ; common Light • * i w Mapes Consolidated Mfg Co Marconi International Marine 5% 5 common 27% 1' Watch Co— Longines-Wittnauer Long Island Lighting Co— Common certificates of deposit Mangel Stores common Manischewitz (The B) Co H Hall Lamp Co Gas Co (Texas) Feb Apr 16% Mar 16% Mar • Lone Star 23% 5 10 Locke Steel Chain New * —- 44% Feb Apr t ' Class B 1% May Apr: 2,950 Groceterias class A Loblaw 9 300 8 6% 7 400 * 19 Va 19% 19% 1,175 17% Jan 1 3% 3% 37/a 1,200 2% Jan 20 4% Apr Jan Jan May Feb ! ' 32 (2224) The Commercial and Financial Chronicle NEW Friday 8TOCKS New York Curb Week's Exchange Range Union Radio Neptune Meter Nestle Le Mur New Haven 1 England Tel & Tel New Watcn Co Park New Co New New York Jah common 55 1% 300 4'A 50 54 % 56'A 9% lOVs 18,100 1% 1% 7 7 10 25 Ml 25 9% ' 1 1 17% 127/a 12% * 11% 3 x20%, 5 * North Central Texas Oil Northeast Airlines ; 5 13% Northern Ind Pub Serv 4%%> 76% Feb 9% • 9% 5,500 2% Ryerson & Haynes 2% St St 1st convertible preferred Salt Dome Oil Co Jan 12 Joseph Light 6c Power w d Lawrence Corp Ltd common Schulte Scovill 50c Scullin Steel 48 Mar (D A) Securities Inc Co class 15 31% * 10% B Omar Inc Corp Jan 6% reo 102% Mar Jan 10 % 18% Bros Jan 7a 41% Jan Co Ltd Amer shares Jan Feb 114% Feb Apr 37 ya Jan 32% 10% 11 550 19 19 Securities 111% 1% Ma r 45 31% 19% 10% May Apr 18 Feb 509 16% Jan 207a Apr Jan 12 ya , 2,200 1 30 13% 16% 12 1,600 10% 23% $5.50 Jan Pacific Can Co common redeemable 1st $4.40 div cum Power Pacific Public $1.30 1st 31% 25 29% Page-Hersey (C (C Patchogue Patican Amer 2 Va Co Gold Mines Ltd 7% 1 350 53% Jan 200 11 Jan % % 213/4 474 19 47a % 18% Jan 6 2 "0 May "212 3% 147a Jan, 1,240 55 Jan 400 3% Jan 37a 17 47« 6 % 14 37/a 1,100 6% 17% 150 4s Jan 1,200 63/4 1674 . 100 25 43/4 60V8 Mar 2774 May 14% Jan 18 Apr Apr ' *; Jan Mar 5% May 7% Jan 18% Apr 97 97 35% 37 11% 117a 163/4 17% 2% 2% 77a 13,000 774 500 7 9% 97/a 400 9% May 18 103% 18% Jan 300 11% 1474 12 Feb 350 18 % 1074 May Apr Apr 123/4 Jan Jan 8% Apr 10 • 117a 17 1 2% • __ — Colorado— 100 8 7% — 95 400 1,300 . Mar 33 Jan 9% 3,000 11 % 1% 98 1 May 37% May 12% Mar Jan Jan 17% Jan Apr 6% —• preferred 100 7% 200 7 159 10 1 —10 common Reis 24% A 1,400 21 Jan Jan 25% 200 23% 1% 2474 24% 700 23 5 — 107a 5 1V4 5 297a Feb Jan 15% May — 1 Jan 1 • 45 American dep receipts for ord reg—£1 Rome Cable common Roosevelt Field Inc Rotary Electric Steel Co Rowe (The) Corp common page 33. 5 Apr 27 Feb 1 5% 13,900 1.100 55 % May 6% Jan 4 Feb 58 Feb 13% Apr 1.400 3% Feb 3.400 7a Apr 1% 26 550 27% Jan 263/4 3 700 2,300 23% Jan 3% 1 2 V4 2% 4,900 440 42 1,300 Jan x60 106 % Apr Apr 50 183/4 Jam 300 197a Mar 153/a Jan 18 % 18 Va May Jan 18 % Feb 4 Va Apr 19% 17 Va 18 ~3% ~4 31% 150 5 3/4 5% 600 Va 900 69 V2 Jan 1093/4 Feb 3ya Mar 288 282 Va 199 28 Mar 55/a 260 31V2 May Jan 269 7Va Jan Apr 325 Mar £1 23/4 Jan 32% Jan 13% Feb • 38 3/4 40 50 14% 4% common Steel Stein *' Co of (A) & Co Sterling 5 278 Jan 10 1,300 8 3/a Mar 2,400 25% Feb 337a May 14 • Jan 22 Mar - 48 May 3 12.50 32 10 327a 17% 19 19 120 17 Apr Apr 53/4 10 Jan May 4 Feo —25 25 Mar 28% 25 25 500 28 Va 33 Va May 29 Va 2,100 Apr 31 30 30% 233/4 32 Va 33 Va 25 preferred Mar 303i 33 % Apr 1,500 273/4 28% 800 29% 26 Va 39 — 35/a Apr 41% 1,300 327a Feb 1 5 39 V4 5 17 Jan 31 % Mar Jan 283/4 May 47a Jan 42% May 17% Jan 17% 250 27a 3Va 400 27a Mar 43% 33/4 5 200 37a Jan 1 5 1 400 7a Jan l3/4 • 2.78 1 14 Va 10 13% 14% 223/4 23% 400 2% 2% 17% 17% 16 5,000 223/4 1 20 3 10% 393/4 1 17% 10% 39% 1 10 40 63/4 1 15% May 233/4 May 3 3/a Jan 900 27a Mar 250 17% Mar 1,000 Apr Jan Mar 19 9 18Va Jan Feb 103/4 May , 7% 7 Va 300 30 8% 2,000 6% 6 169 77/a 9% Jan May 169% 3,200 4% Feb 8% May 7% Apr 67/a 169% Mar 1,000 20,400 63/4 • 77/a 347a Jan 3% Jan 3% 155 40 May 8 Va Mar Jan 77a Mar Jan 173 Jan Mar 1 53/4 1 37/a 1 3% 3% 57/a 1,600 5% 2% Mar 4% 6% 3,200 4% 67a Mar B ordinary 5% • common Sterling Aluminum Products Sterling Brewers Inc ISterling Engine 4% 93A 10 • Canada May 1,900 10,600 1 common— Standard Tube class 153/a 46 1 common 143% 3% Apr 40 . 19 19 11% 11% • com 5 1 Co 16% Mar 22% Mar 107/a May 300 ' 1 "l% 7% 1 ~1% 2,200 6 Va 63'4 4,800 3% 275 14% 3% • 3% 7,700 2 Apr 16% Feb 15% 1,050 13 4% 14% 4% 300 4% • 20% 3 1,100 9 27a 100 V 37/aMay 19% Jan 16% Feb 6 Jan 24 Apr 2% Jan 8% Jan Apr 19% May Jan 20 Apr 77a • 4% Jan 75 27/a 15 21 9' 1 Apr % Jan 14% 1 Jan Jan 83/a .• Jan 5 25c 19% May 12% Jan 10% 63/a • Apr 25 Feb 19 Va Inc Stetson (J B) Co common Stinnes (Hugo) Corp Stop & Shop Inc Stroock (S) 6c Co common Sun Ray Drug common Superior Portland Cement, Inc Superior Tool 6c Die Co SwaD Finch Oil Corp 1,100 Jan Jan 33/a .. Apr 9V4 Mar Tampa Electric Technicolor Inc Thew Co common. * common '' 34 Va 34% 227a 800 21% 227a 7,100 1578 12% * 15 157a 12% 12% 15% 7% 1574 200 15% May 7% Apr in 'U Shovel Co common.. .5 .5 >c 15% Tishman Realty 6c Tobacco 6c 45 V 1.875 2% Mar 2 98 % 25 32% Mar 263/4 May 37/a Apr 2% Apr Jan 1027a Feb 44 .1 Lux Corp Tri-Continental Trunz 99 100 Feb 11% Jan 800 20 % 12 3% Jan 75 Jan 200 450 .2 3/a x2% 103% 105 Va % 3% .1 1174 * 1 3% 37a 3% 3 3/a 3% 17% xl7% 173/a • preferred 13% 393/, x2% 1 convertible 700 200 Jan 4% * -— Jan 7a .. Tung-Sol Lamp Works common.. 80c Apr 900 1374 99 Apr 263/4 122% >393/8 warrants Inc 8 13% — 36% Jan Apr 1,900 17a 425 101% Jan Feb Jan 87/a Jan 15 % Mar 115 Apr 53/a Jan Apr Jan 1 Apr 45 Jan 1,700 Feb 27a May Feb 105% May Mar 1 Va May 27a Mar 10,500 2 3/4 Jan 4% Apr 3% May 12 13 1,100 13 100 17 Apr 20 74 11% , 13 143/4 Mar 7a 36 1,500 700 16 13 Jan 26 87a Jan 147a Apr 11 Va Mar 15% Apr 195/3 Feb Mar Jan Jan Jan 73% Construction- Allied Stocks— Tobacco Security Trust Co Ltd— Amer deposit rets ord registered—£l Amer deposit rets def registered 5a Todd Shipyard Corp common 20 Toklan Royalty Corp 70c Toledo Edison 4%% preferred 100 Tonopah Mining of Nevada 1 33 16% 115 Va May Ulen Realization Corp Unexcelled Chemical Corp.. Union Gas of Canada Union Investment Co U .10c % 3% Va 3% 1,000 14% 15% 5,000 993/4100% _• Union Oil Co of California— $3.75 preferred series 3% 14% 600 5 200 % May 2% Mar 12% Jan 7% .4 Jan 1 Va 4 Jan May 167a Mar 9% May A „ 97/a 5 10 11 1 _ 100% 1017a 100 63 1 True Temper Corp Jan 4 2% 62 Va 19 3/4 • 28 l3/a 3 20 % Ltd— Products Co Trans 307a 37« * 63 100 preferred 24% May 1% Apr 297a < 20 % 5,600 1 Inc 5% Mar 4 Va Apr — • Rochester Gas & Elec 4% pfd F Roeser & Pendleton Inc common.. Rolls Royce Ltd— 10% .6.25 1 Engineering 247a - - 1 see 133A Mar 26% 267a • common Rio Grande Valley Gas Co— (Texas Corp) vtc L For footnotes 100 109% 159 ' (Robert) 6c Co Corp Jan — Co Reliance Electric & Rice-Stix Inc Richmond Radiator Jan 154 . • Manufacturing Reading Tube Corp class Regal Shoe 98 ,60 15% ' „ —. $3 convertible preferred Raytheon 350 159 R A 1,700 29% ' 15% Railway 8c Light Securities— Voting common Railway & Utility Investment Rath Packing Co common Raymond Concrete Pile 217/a * Corporation common. Thorofare Markets Inc. 103% 105% 159 Feb May Apr 9% Mar 107a Mai 106 Q Quebec Power Co. 23/4 Mar 47/8Mar 9V2 Apr 1V2 Mar 12% May 10% Mar 4% May 227a Jan 297/s May 11% 2,100 31% common cumulative Thor Quaker Oats common 92 * 3% May 77/a 'Mar Mar 295/8 May 95 V2 Mar ' • common..• ^ 100 4 28% • Starrett (The) Corp 197a May Jan 18% 1,300 2,200 12 3% • Standard-Thomson Corp Apr 3,500 8 1% 1 13/4 Jan 14Va Jan 37/8 Feb 33/4 May 3% Jan 78 Jan 28% Feb 1% Mar 800 7 33/4 Apr 18V8 May 22% Jan 84% Jan 88% Jan 20 7. 25 Canada— Southern Pipe Line Southland Royalty Co Speed Queen Corp conv class A Spencer Shoe Corp $7 257* Apr 2,700 37/a 7% 3% 1 convertible preference convertible preference Standard Jan 4,500 2,000 434 • 10 7a 24% Mar Jan 56% — 1 Manufacturing 17 27 17/, — 2.50 cumulative preferred 700 187a 3% • Puget Sound Pulp & Timber Pyle-National Co common Pyrene Apr 4% May 26 • of 13% Jan 55% : 37/a 25c Jan Feb Jan 123/8 2 177a - 263/4 2.50 3% Oil Stahl-Meyer Apr 597a 50 ■ • Standard Brewing Co Standard Cap 6c Seal common Convertible preferred Standard Dredinng Corp common $1.60 convertible preferred Standard Forgings Corp Standard Oil (Ky) Standard Power 6c Light common Common class B Apr 40% % Mar 17 Va 700 20% Apr' Jan ~27a 2 - 100 300 , 474 ~27a 10 Gas 4%% 200 12% Jan 113% May 5% Jan Feb 4,800 * cumulative preferred 4..iz%> 293% Mar 4% 56% 3% Jan 26% 33% May 27s Jan 21% 213/4 * Co class B 107 29 Va 90 % 12 5 original preferred 12 57a 13,600 1% 1 Corp Penn 4.88% Feb 500 1,250 3% 1 common 75 4% 35% Coast 4.48% Feb 37/a 100 of Manufacturing Jan 12Va 13 3% 1 May l87/8 Apr 12% May 3% Jan 400 28 1 dep rets ord registered (Howard) Paper Mills 27 % 27ya May 10% Jan 10,700 100 2 3/i Mar 30 3/4 lVa Mar 1 common Simpson's Ltd class B Singer Manufacturing Co Singer Manufacturing Co 4.5^% Apr 12% 177a 557a 50 common ; 6,200 90% * 5% Jan 4% 600 1% 3% • Feb 48% 18 Va . Southwest Pa Pipe Line Southern Calif Edison— Jan 57 56 1 of 11% 34% 56 2 America Producers Corp of Nevada Service 650 2% ~3% 28 8% Jan 1% Jan 2 % Mar 37a Apr 2 May 25% Jan 13% Jan 1% Jan 15% Jan 1% 25 (R preferred 17 43% May 24 y4 Jan 1,200 4% —1 Polaris Mining Co Powdrell 6c Alexander common. Power Corp of Canada common 6% 1st preferred Pratt 6c Lambert Co Prosperity 4% 3 7 % Y 9% May 4Q Apr 37a Feb 50 <* 111% 113% 1 Inc Providence 500 447/a 11% 34% * Prentice-Hall Inc 46 Feb 2% *• Co Piper Aircraft Corp common Public 11% 50c common Pittsburgh & Lake Erie Pittsburgh Metallurgical 2% 4% Apr 157/e May X22% Feb 550 11%>,; 44 2.50 Pleasant Valley Wine Co Pneumatic Scale common 26% 4% (Mass)—20 Pinchln Johnson Ltd Amer shares Metals 14,200 46 * Pierce Governor common Pressed 18,700 100 Pharls Tire & Rubber common Pitney-Bowes Jan 6 1,100 13 Shoe Corp of America class A Sick's Breweries Ltd South Jan 2% 18 1% 1 Mining South Jan 25 41% 1 Manufacturing 15% Apr Apr 5% 2.50 Perfect Circle Corp Pioneer 14% Mar 6,300 2,300 2% -5 prior stock Sherwin-Williams Apr Mar l3/4 Feb 27/a Jan 17% Shawiniean Water 6c Power Sheller Mfg Co Boss May 23% 11 1 Co 105 30% 17% 1 Aircraft Co Sonotone Corp 104% May Jan 38% ♦ (The) Philadelphia Co Phillips Packing 98 % 150 2% 44% 2 29% * Corp class B Leather common Shattuck Denn Smith % May 104% May 25 pfd 107 100 25 • com Jan 1,700 2% 5% 800 " Allotment certificates 4% 3% 19,200 Solar May 39 % 25 A 29 24% 2 Electric class May 29% May 39'A . 2% 1 common Penn Power & Light 4%% Pepperell 75 .* 3% 3% 1 stock Sherwin-Williams 7 2% Amer 29% May , Apr 103 30 5 Pennroad Corp common Pep Boys x28'A 250 5% $1 cumulative preferred $1.32 cumulative preferred Penn Traffic Co Penn Water & Power Jan —1 Ltd & 39% shares Mills Peninsular Telephone Gas Mar 28 24% • & Reel—* Plymouth Co 28 700 800 * —_ Parkersburg Rig 500 29% 103% 103% v t c A) 32 Feb 29 106% 107 • Co 37 3A May 34 Mar 29 y4 100 29% OV, i 31% Jan 400 31% 29% 100 common A) Paramount Motors Corp Pen 34 104% 104% .—— Panatapec Oil Jan 2.9% 106% pfd Tubes Pancoastal Oil .Tqn 34 3A 28% • Light 5% pfd Service common •?% 1,000 31% 29% preferred 200 37% 33% 25 25 & 8% 37% 34 — 93/a 77a 29 97a 273/4 9% May 263/4 Mar 18% May 38% May Jan Jan 1 30 Va General Simplicity Pattern 8% 25 5% 2Va l $3 convertible preferred 37% 25 preferred— Pacific Penn May " Simmons-Boardman Publications— 3 1st pfd—25 preferred 5% redeemable 1st pfd series A 4.80% red 1st preferred Pacific Lighting $4.50 Parker 9% P Pacific Gas & Electric 6% 5 % % 1st pi eferred 5% 1st preferred 5% * 500 r6% * Silex Co common 12 % 13 3/8 23% Apr 5,900 2® Seton Apr 725 210 1,600 17% Inc Convertible Apr Apr 15 Seeman x25% 26 Selected Industries Inc common 2% 1,000 1 O'okiep Copper Overseas n 44 114% 5% Jan Jan 37 Va common 93% Jan Apr 114 3% Mar 17 Segal Lock 6c Hardware Selby Shoe Co 84% 43% 114% Feb 7% 10 73/4 30 93/4 9 1,200 800 6,700 500 9 6% Mar Mar Jan 22 % Mar 874 Jan 9% 10 Apr Jan 8% Mar 30 May 10% Mar i 14% Apr 8Va Jan 6 3A Apr Apr x5Va 36% common iwr^r 100 % • —100 x7% 17 —* 14% May 3% Apr 10 % 100 37 25® Jan 310 %■ 13 January a High 800 1,000 2,900 --1 Serrick common 12% x25% * B) Inc Sentinel Radio Corp common Sentry Safety Control Ohio Brass Co class B common Ohio Power 4%% preferred Oklahoma Natural Gas. Oliver United Filters 5 1 73/4. Feb -1 . Manufacturing ltV dan Semler Ogden Corp 8% 5% 4% 29,900 49 107/a Mar 400 1,300 200 8% 5 % 1274 — Samson United Corp common bavoy Oil Inc (Del) Sayre &c Fisher Brick Co Apr 24% Mar Jan 3% 4,100 T./wii Low 12 Va 4% 1 common.. 107/a , Range Since High 5% i * Feb Apr 177/a Mar Jan 43 % 500 15% .1.25 Aeronautical Co Jan 20 y4 Jan ii Mar 13% 15% Russeks Fifth Ave common Jan 15 y4 147/s 3,700 Low 12 Va Feb 7% Jan 89% 15% Shares • 31 Apr 101% 102% 8% 9% 102% 1 for Week Par 13 Mar 15 y8 700 1 17 12 3% _. pm—iuO Northrop Aircraft Inc Novadel-Agene Corp 21 45% 13% Feb 89% 3% 50 1,000 3,000 2% __ 1 Co 16,100 11% 44% Sales Range of Prices Jan Jan 24% May 9% Apr 100 17% % 45 % Week's Las i 10% May 1% Jan 7 300 13% 20 1 50 Utility Securities 59 Apr 1% 250 17% 11% Friday Sale Price Exchange Royalite Oil Co Ltd 102% May 1% Apr 6% Apr Mar 7% 400 9% 17% 17'A 5 Nineteen Hundred Corp common Nipissing Mines North American Rayon $3 preferred North American 49 600 25% 9% — 29 26 STOCKS Feb 65 — . 6% % Mar 3% Mar 4,400 9% 1% • MAY New York Curb 5% Apr 36% May 5% May 92% Feb 840 1% 4% • Niagara Hudson Power common Niagara Share Corp common Niles-Bement-Pond RR 200 100 Va 102 Shipbuilding Corp— Penn 5% 1 Founders shares North Jan 24 Va 1 York Auction Co common Yoifc & Honduras Rosario York Merchandise New 2% 2,900 — 23 Mining Co Process New 9,600 36 % — ENDED High. 43A 5'A 100% 1 20 WEEK , Low ' 32% ; FOR Range Since January 1 High. 4Va — 100 4 %% convertible preferred New Jersey Zinc New Mexico & Arizona Land New 4% 35% 5 common Clock & Low 30c common Co Shares RANGE Monday, May EXCHANGE for Week of Prices Sale Price ♦ CURB . Sales East Par National * ■ • YORK . . Union Stock Yards of Omaha 100 United Aircraft Products common—50c United Chemicals common • United Corp , „ United Elastic Corp United Light 6c _3% 48% 100 33 2.900 r» • Railways ex-rights—7 o4 ~3% 48% 3% warrants . 277/a x98% May 273/4 11,600 Jan 2% Mar 48 Jan sj 1003/4 70 47a 51% Feb Mar Apr Jan Jan May Mar 33 28 Va 18.100 Jan 40 27% Apr 29 Vs Mar 1950 Number 4911 171 Volume The Commercial and Financial Chronicle . . . NEW (2,225) YORK RANGE Friday Week's Last Range of Prices Par .• Loxo Products common. • 75c participating preferred • United Molasses Co Ltd— Amer deposit rets ord registered United NJ RR & Canal 100 United Prom Sharing common 25c 10% preferred —>.—10 United Shoe Machinery common 25 United Milk U \ —- S u U S $5 U S Radiator common Rubber Reclaiming Co U S 8% Low 8% 100 — Universal Oil Consolidated Insurance Universal Products Co common Sugar Utah-Idaho Utah Power & Light common— 10 Jan 19 Jan Apr 243 % 30 % 236 4 Apr Jan 100 % ADebenture 6% 6% 6% 100 43% 43 Ve 43% 5,300 40% 42 42% 470 14% 14% 200 2% 2% 4,100 1% 18% 4,400 15% ~2% 17% 17% 3% 4 91 5% 5% 1% 51 1% -- 42% May 16 Jan 2% May I81/2 Apr Fb 41/2 450 with 1st Park 3y4s 57 Apr Piedmont 25 Jan 28% Jan 3% 3% 5,300 27% 1,300 23 % 4% 1952 coupon 6s to Jan-July A6 —1 Corp common preferred Vanadium-Alloys Steel Co Venezuelan Petroleum—— Venezuela Syndicate Inc— 6% 6% —5 $4 convertible 30% 30% 2,100 5 Feb 10 68 Jan 77 100 27 Jan 4% 4% -20c 3% 3% •"'3% Vogt Manufacturing v 4% 14% .-T 1,600 7% May 3% Mar 2,900 ' 2% Feb 12% Jan 15% 400 A 1 May 5% • and 1 1940 •:v ; ;' ' '' trust ctfs ext.—* Wagner Baking voting 7% preferred Waitt & Bond Inc , 100 — Westmoreland / 1% Weyenberg Whitman Wichita Shoe 10% (Wm) River Wickes (The) Williams Willson (R Wilson 5% preferred 5% preferred Wisconsin Pwr & Lt pfd Industries Inc Woodley Petroleum Woolworth (F American 6% 108 106 106 *55% 1 Stinnes i: r receipts 163% 165 & Bros 5s 1989 1966— 2nd stamped *102% : A6%s 800 8% Jan 113% 113% :/A6%S 50 112% Jan 114% Jan 20 158 172 174 26 26 30 30% Feb Terni Hydro-Electric Co— 175% Mar 2%s 50 24% Feb 28% Mar United 200 18% Mar 32% 18% 21% Mar — Apr 17% Feb — Feb 19 a 3% 8% 2% 300 8% 8% 6% 10% 3% v Jan 4% 17% Feb __ 7% 2,100 8% 105% 108 104% 105% 107% 103% 106% *102% 103% 101% 102 1 106 106% '89% New York Curb Jan *106 106 106 95 95% 7 05% 85 ya 5 95 51 58 51 58 3% 500 15 12 15% 11% — 1 — 1953 *30 1969 Service Dec Dec ex 1 Income *58% Feb-Aug Afaj/-Nov coupon 103% 103% June-Dec 1947 coupon 1956 *56% 1.000 14 12% 1,200 10% Feb — fa - 6s debentures Traction 5s Newspaper conv s Apr 1964 1,500 16% 1954 93% ._Mar-Sep# 1960 series 4% , f Feb of 4s 1959 Marelli Elec A6%s with Nov A6%s ex Nov 1 A20 Interest Bid St Asked Sold Jan. 1 Low High 107% 107% 3 107% 1091/4 104% 104% 107% Danish External 8 103% 106 U73 No. High 180 166 A 102% 103% 21 102% 104% 105% 105% 106 35 103 111% 111% 112 36 108 Jan-July Jan-July 1977 Ry Western 95% 94% 100% 100 May-Noy May 95% 97 y4100% 98 57% 91% / ALlma A7s 40% A 7s 55% A7s 13 94% 94 94 Feb-Aug stamped 1952— 82% Jan-JuZy „ City 6%s stamped (Peru) *8% 1958—Mar-Sepl > 79 53% 94V^ , 77% 8 84 / 9% . 7%; 7s stamped (issue of Oct 14% 20 20 20 89 j 9% 23 *37 39 33 38 *51 —May-No® 56 46% 54 June-Dec 1951 i ZUay-Nov —April-Oct 1947 1927) A Mortgage Bank of Chile 6s 1931 Mortgage Bank of Denmark 5s 1972 60% *117% 120 1953 May-No® May-No® 1953 t55% 103% 117% 57% Parana 47 40 118% 59% stamped Interest 50 *50 < — 50% 37 48 92% 48 *91 Mar-Sept 50 50% 48 80 *50 June-Dec June-Dec *37 * 91 (Plan A) reduced to 2Vbs 2008 Peru (Republic of)— l%s to 2%s (ser ABODE) 1997 Rio de Janeiro stamped (Plan A) Interest 61 130 ARusslan Mar-Sepl Jan-July *65 67 *99% -June-Dec 1963 52 - 99% — 103 % J103% 103% %s reduced 2% to Government 31% 39 Jan-July 23% 23% Jan-July Jan-July 2012 6%s 1919 36% 35% 36% 4 2% 2% 25% 31V 38 11 *2% June-Dec 1921 37% 18% * 23% 94 2% 3% 2% 3 3% 71% 100 104% 1958 t44 45 43 41% 43% 80 81 80 80 76% •No e par Odd-lot value, a transaction Deferred delivery transaction (not included in year's range), d Ex-interest, range), f Ex-distribution, g Ex-stock dividend, h Ex- (not included In year's nUnder-the-rule transaction (not Included in year's range), rTransaction (not included in year's range). x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. principal. 88% 80 . 45 *41% Jan-July 52 C 86 for cash (Dec 1 E Sec— June-Dec 1955 1941 coupon) 1955 1957— 1941 F 1952 §Reported in receivership. 95 83 92 92 85 95% tive; "conv," convertible; "M," mortgage; "n-v," non-voting t83 1952 86 90 *86% Jan-July j 92 *83 1957 the daily closing averages the New York Stock Exchange as are ABonds being traded flat. *86% Feb-Aug coupon) 85 83 91% "w Stock and Bond Averages of representative stocks and bonds compiled by Dow, Jones & Co. -Bonds- -Stocks- 20 15 Rail¬ Util¬ trials roads ities Stocks Abbreviations used above—"cod," certificates Ower-le-€eait@r Industrial Stock Average (35 Stocks) 10 10 First Second Indus¬ Grade Grade Util¬ 40 Rails ities Bonds 92.43 105.18 101.21 10 Total * trials Rails Range for 1950 Date— Closing May 20.— 37.28 High May Date—- 65 "cons,"consolidated; "cum," cumula¬ stock; "v t c," voting trust certificates; of deposit; i," when issued; "w w," with warrants; "x w," without warrants. Compiled by National Quotation Bureau, Inc. 10 Total 30 Indus¬ 22__ 37.30 Low 23 37.21 : 37.35 May 24 — May 20 222.41 56.96 44.26 78.72 102.48 104.76 May May May May May 22 221.55 56.45 44.14 78.34 102.49 104.83 92.34 105.18 101.21 May 78.65 102.60 May 24 37.35 May 25- 37.32 High May 26 37.28 Low •* 23 222.47 56.85 44.13 104.79 92.24 105.18 101.20 24 222.57 56.60 43.96 78.53 10260- 104.91 92.20 105.15 101.22 25- 222.44 56.54 43.72 78.40 102.58 104.88 92.38 105.20 101.26 221.93 56.35 43.71 78.24 102.56 104.72 92.34 105.15 101.19 26 71% 46% 56 — Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 100% RR— (July 1941 coupon) on *51 *Friday's bid and asked prices; no sales being transacted during current week. Below listed 76 / stamped (Plan A) Interest reduced to 2%s 2008 100 J/4 101% 101% 102% Mar-Scpf market Power (Aug series *75 Maranhao 95% 99% 57% 40% Jan-July 1950 4s (coupon on) series series A7s High 76 - Mtge Bank— Western International A6%s .— May-No® Waterways Jan. 1 Low NO. . coupon Mountain Power 3%s A 7s Range Since Sold High 71% *75 ^June-Dec 1953 5s Port & AMedellin 1993 coupon ApriZ-OcI Jan-July 1955 AExternal 6%s 112% Co— 1940 1947 5%s External Danzig 108 Mar-Sept 1956 5s Bonds Bid & Asked 173 102% stamped 1961 A6V2S 103 97 — 7s Jan 1947 (see Mortgage Bank of) Valley 7s 1948 Cons Municipal Loan— ACauca Range Since June-Dec 1965 Mfg 1 Residential Ex-coupon 120 101% Week's Range or Friday's Last Sale Price Period year Bogota Bonds A 5 A 107% 120 103 103 Feb-Aug BONDS Jan 2 1948—Jan-July 1947—1978 series Ercole series 106% Union— debentures New York Curb Exchange „1: debenture 3s Water Lt & RR 6s 91% 5 — Mar 13 \ 1% Mar Friday's or Sale Price Quar-Feb Authority— Elmira & 66 96 106% 106% *119% Apr Week'® Range Jan-July mortgage 4s series B 1993 Guantanamo 63 Foreign Governments and Municipalities ; .1 99% Trunk 103% 62 *30 1956 Friday 3% Mar — Last Jime-Dec 1998 l Eastern Gas & Fuel 3%s 5s 102% 12% Mar Jan ■~i3A Period Delaware Lack & Western RR— r Lackawanna of N J Division— Green 20 60 Hotel— ..June-Dec Western + Grand 64% — Co— 1940 1 —June-Dec Penn 107% May r Registered Finland 57 63 1 1-t PT 1970 3Vis 6s Aug mortgage 58 58 14% Mar 35% 104% Mar 15 - 1st 43 43% * 12% May 32 ya — Exchange Boston Edison 2%s series A 1970 Cential States Electric Corp 5s debs 5%s debentures 1954 A 1st 36 42 v 4% Mar Apr 12% May 29% Mar —. 32 Interest Electric Co 90 Jan Low revenue 96 79 • ... coupon West May 12 300 3%': 9 9% Jan 1940 1 Washington Water Power 3%s 1964 8% May 4% May — 32 Apr 300 — • Appalachian Elec Power 3%s 3%s 31 — *104 1947 coupon 1953 Electric Waldorf-Astoria 22 % Mar 700 11 Aug Aug 1 with A7s May with ex revenue 7s A 5s 3 Friday Cities Service 109% 104 105 *106% Triborough Bridge & Tunnel Authority— — BONDS Transit 107% 104% 105 April-Oct 8% • Chicago 165 105% __ *107% 109 104% ..Jan-July — 1946: 8 — £1 Steel 160% Industries— (Hugo)) A7-4s Agricultural Mortgage Bank (Col) A 20-year 7s April 1946 Bethlehem 61 104% 105% *105 Low City 57% ' — 5s Hargreaves Ltd Atlantic 58 *30 Ltd— deposit preference Wright 1 (A G) Corp Inc 5s coll trust (Hugo) Corp— A7-4s 3rd stamped 1946 Jan — 8 common W) 106% *106 Stinnes Jan __ 2 105% ,, Apr , 100 106 Jan-July 1% Ok Wocdall 1970 — 6% — • 4%% 3%s % Feb 25 w common 98% 106 (Calif)— 4% Apr 7% Mar 25 w Elec Gas 3s 1971 1,700 1 xw Winnipeg Jan 13% California 1973 B 8,400 ♦ Brothers common 9% 9% Feb series 3s u 1 Inc 250 105% 98% May-No® ApriZ-Oct 111% May 2% Apr > i 1% Mar M 8% 5 Co & Jan 200 107% 105% Spalding *' U 106y4 105% _F«b-Aug Apr 106 105% 100 May-No® Mar-Sept Mar-Sepl Jan-July Feb-Aug April-Oct 4% v % 10 Corp C) Products • Corp 3s 1081 4% 14 1 Corp. ' ■ 66% 103 *98 Jan-JuZy 4% * 1 Co & Oil ■' ■ 60% 2 21 105 y8 105 % Southwestern Gas & Electric 3%s 1970. 2% , May 10% ' -10 Mfg 7 109 1% 10% 20 Inc 260 •.V™ / 7 — ;— cum Westmoreland Coal ~7 • 1 preferred -30 fWaltham Watch Co. vtc w i 1 Ward Baking Co warrants Wentworth Manufacturing 1.25 West Texas Utilities $6 preferred——* Western Maryland Ry 7% 1st pfd__100 Western Tablet & Stationery com • $2 1% Jan ' ref motrgage Starrett • ^ 64% 55% 103 105% 105% — 1973 A Southern Counties Gas W Co Waco Aircraft 64% 103% 104 April-Oct 1960 coupon Power Southern j 101% *106% 109 ApriZ-Oct f 1st 4 101% 101% Hydro-Electric Co— '• ; * 47% Jan-July June-Dec 1964 3s ex series 1st 63 ~9 Jan-JuZy Harbor Water 3%s 98 56% April-Oct ApriZ-Oct 1971 1st mortgage San Joaquin Lt & Pow 6s B 1952 Southern California Edison 3s 1965 ,$ Apr 4% May 15% May •• High 88 1 50 May -Nov 50-year 6% debentures 1998 Queens Borough Gas & Electric— 32% Mar 30% III 56% Sfar-Sept 1967 Oct 1 1947 coupon 1960— Service Electric & Gas Co— Public Safe 6% 75 v: 75 • 42 49 April-Oct 4%s 1970 y2s 50 Feb-Aug 5yas series A 1952 Valspar £3% Jan. 1 Low NO. *30 Mar-Nov 1963 1963 Light A6%S with Oct 291/4 Jan 3% Apr 271/2 May Jan High _ Pennsylvania Water & Power 3%s 1964 Apr 26% at Gas mortgage 3s 2 3 % Range Since gold 92 93% 1952 coupon 1940 1 Lexington Feb 26% Nov 1940 Ohio Power 1st mortgage 3%s 1968 Feb 1% Apr 27% May 2% Feb Jan-July England Power 3%s 1961 40 —• 1 Superpower Extended New Mar 5% Nov Milwaukee Feb 93 Jan Bonds Bid At Asked 56% 1952 McCord Corp debentures 4y2S 1956 Midland Valley RR— Apr 1% Mar 300 28% 28 Jan Jan 1 % Mar __ 28 % Jan 4% 500 52% 51 Apr 491/2 83% Jan 200 1% — 6'/4 Apr 3% Mar 5,100 1% — 5% Jan 12 300 A 7s Altalian Mar 40% 6,100 89% — 5 1 certificates escrow Hydro-Electric Co— A7s with 245% May Jan Range Friday's or Sale Price Interstate Power Co— Isarco 4 243 Week's Last Period Low Feb 17% — « "% Interest New York Curb Exchange High 7% Mar —— 1 50c 10 10 10 5 • United Stores Corp common Universal 26 Friday Range Since January 1 High — 1 10c 1 * • 1 common Conditioning Corp Foil Co class B and International Securities 1st preferred with warrants S Air MAY BONDS Shares — Unite^Speciaftles EXCHANGE ENDED for Week Sale Price Curb Exchange WEEK Sales STOCKS New York CURB FOR " - —_ 35.13 Jan 4 Range for 1949 — 35.20 Dec. 31 _—.. 27.79 Jun. 15 33 34 (2226) The Commercial and Financial Chronicle Transactions at the New York Stock Stocks Railroad Number of Saturday Monday Tuesday Wednesday Thursday Friday United States Bank Government Bonds Bonds Sales 271,000 3,287,400 350,160 3,563,000 291,500 $3,000 1,478,390 3,000,000 350,000 3,000 1,332,860 Total 3,016,400 2,912,600 3,379,000 316,000 8,637,485 $17,316,000 Week Ended May 26, 1950 3,865,000 3,353,000 3,695,000 $1,642,660 $6,000 $7,500 Shares) Saturday Monday Tuesday Wednesday Thursday Friday 3,262,760 $7,500 Week Ended May 26 1950 of shares S. 338,955 I— Bank 31,000 328,795 348,015 4,062,380 203,132,027 Total $15,000 229,000 197,000 177,000 111,000 130,000 3,000 80,009 42,000 8,000 1,855,235 $544,000 $134,000 $88'000 1950 42,183,850 400,283,300 283,451,300 $14,453,500 $447,478,370 May 26 *1949 ' $766^000 ,855,235 Jan.l to 1950 '982,445 • May 26 1949 46,938,171 23,194,877 Bonds 727,000 46,830,370 $326,649,650 $18,972,160 62,000 16,000 330,480 $287,500 1,467,500 12,971,000 17,316,000 551,000 100,000 $15,000 11,000 92,000 , 93,396,907 $136,700 6,000 —— Total $10,000 f 166,000 308,515 Week Ended 1,642,660 — Industrial & 104,000 Foreign Corporate 24,000 1949 1950 $7,500 Foreign Railroad 61,000 Stocks—No. of shares—_. Government International $41,000 $18,972,160 Bonds U. (, Jan. 1 to May 26 1949 8,637,485 — Bonds Foreign Government Domestic 200,475 Total Stocks—No. Exchange - <■ of $1,509,000 1,848,000 — Stocks (Number $64,000 1.615,695 - Total $1,445,000 1,458,620 29 Daily, Weekly and Yearly Bond Bonds Foreign Bonds 903,920 - Int'l and Miscel. Shares Monday May . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Week Ended May 26, 1950 . . Domestic $544,000 $596,000 $13,702,000 130,000 7,378,000 88,000 government 134,000 35,000 1,158,000 $766,000 Foreign $761,000 $22,238,000 — Foreign corporate Total $15,171,000 4,668,000 974,000 $20,813,000 OTHER STOCK EXCHANGES RANGE Boston Stock Friday Sugar Chemical. Sales Range for Week Shares Low American Tel 100 High Low High 41% 244 40% Feb 45 51% 191 38 % Jan 51% May 160% .161% 161 y2 Woolen _♦ 2,791 146% Jan 161% May 330 21% Feb 23% Copper 11-150 Tel Range Since January 1 41% American 23% 24% 32% 35% 668 Jan 32 27% Mar Allied pfd—-100 Boston 114% 25 Elevated 49% & 120 49 100 Maine 15% , 49% 15% r.o 114 107 Jan 2,039 15% American 45% 745 120 Jan 14% 50 Jan 1% prior preferred _100 6% preferred stamped __100 cl -100 4% 4% 10 9% 9% 50 7 * 20% 10% A 1st pfd D 1st class Boston Personal stamped— pfd stamped Prop Trust Eoston & Providence RR T Street 78 6% 40% Jan 1 Apr May 5% Feb Apr 9% May Federated preferred Ohio Inc 3% Jan 81 Apr Feb 79% May Apr Standard Oil Jan Boston RR 21% 310 20% May 24% Feb 72% 71% 73 66% 76% Apr pfd Jan Feb 49 50% 1,719 39% 40% 620 97c 97c 97C 56% 573% 604 49% Apr 41% 89 85 89% 534 68 % Jan 34% 343/4 69 32 Jan 36 36 26 % Mar 36 16% 16% 20 16% Jan 18 IO3/4 103/4 10 9% Jan 11% Mar 35% 35% 115 26% Feb 19 % 20 % 240 12% Jan 35% May 23% Apr 10% 16 252 15 Jan 16% : 41 Jan Jan 18% Al* Assn Jan 1% 10 70% Jan 47% Jan 52 10 52 Jan Shawmut Stone & 15C 12% 13% 32 100 Association United 6% Shoe 22 1,103 15c 30c 10% May Feb 102% May 7% Jan 10 Jan 100 • _ preferred 16% Jan 5 200 140 5% 16 Jan _» 32% -"25 • _ 12.50 23 480 20% Jan 23% 343/4 31% Mar 36% Jan 27 190 22% 27 63% 2,842 433/4 750 Feb 53% 43 % 40% Feb Apr 49% 423/8 30 40% Jan 42% 435/8 135 37% Jan 42% May 44% Mar 118% 118% 13 13 Friday 57 115 Jan 120 Mar 190 125/B Apr 14% 35% 858 30% Jan 35% May Jan Week's Building Last Range Shares Baldwin 8 Gas Milling Mach Street Electric S * common 9% 33 5 69% 17% 77 * 71 5% 37 50 . 9% 102 100 15% 21% Mar I Jan 20 Jan Apr Apr 18% May 20% May 31 38 32% 5 May Feb Apr 39% May Mar 6% Apr 5 30% Feb 35 75 263/s Jan 32% May 53/4 Apr 575 79% 579 6% 12,619 13 100- 10 252 105 41 17% 10 77 345 5% 43/4 Mar 69 % 80 Electric 9% Jan 102 15% 44 4 80 31 13% 10 May 105 Apr 19% Mar 77 Apr Mar American Metal Prod Baldwin Rubber common May 5% May Feb 40 May class 46% 46% 77 63 65% 78 59% Jan 1 common 653/4 Mar 18% 18% 29 11% Jan 2334, 63% 65% 717 55% Mar • B • • Printing common * — For footnotes - see page : 50 65% 35 46 Jan , 47 67% Mar Apr Apr 35 102 20 Vi Jan 14% 14% 527 113/4 Jan 36 36 37% May 14% Apr 119 33% Jan 39 48% 49 78 46% Mar 49 Mar May __1 ^ Shares Company Detroit Motor 23% 10 Jan 100 77c Mar 1% May 17 y2 17 y2 285 13% Jan 17% May 14% 14% 486 14% Jan 15% 20 % 408 20 Jan 21 Gabriel Steel, Co Wood Gemmer 110 6% Jan 73/, 7-/4 Apr 1,287 6% Apr 7% Jan 83/4 Feb 8% May 23% 24' 800 Jan 2 Jan 6% 6% 383- 6% May 734 May 23% 23% 875 21% Mar 23% May 24 350 23 Feb 24 331% 37% 285 29% Feb 331/2 May g% 2% 3 202 2,500 30c Jan 44c 24% 570 20 Feb 25% May 4Vb 4„ 53? 57/® 41% 41 y2 88,4 Lakes Oil & Chemical Hoover Ball "i3/a 1 Hall Lamp Higbie Mfg ~~ ~~ ~y 6 % May 3% May 850 _ II y Jan May 38c 5 Goebel 4% Mar 2% Apr 24% - 1 6% 2% 35c 140 225 175 300 Great May 24 22 300 35c Manufacturing class A_—,37% Brewing Graham Paige Motors 7% 5,176 2% ~~ 1 . Apr 7% 24 1 Industries Apr 2% __ _i Fruehauf Trailer common.; 12% May 6% * Brewing 13% 8% _ Ale ■ . 23% 2 Frankenmuth Brewing Friars 4,850 6% _ 10 Truck 630 iy8 6% 1 common 12% 7% 1 common 20 Vi May 20 __ 1 Prod 3% May iy8 63/4 20 common Jan Jan 2% 12% - 5 Stove Manufacturing Federal - 1 Corp Steel Eaton 14% 10 1 300 20 % ■ • common High Low 31/2 i83/4 123% - __ Gray Iron Steel 183/4 Range Since January 1 High 31/2 * Detroit-Michigan Detroit Low 1 2,596 150 07% 2 1% 1n 2 v/2 1,660 4% May 4% Jan 41 May 5 6% Jan May Apr 41% May May 11% Mar 14 70 Jan 89% May 3 Apr 9% Mar 200 1% Apr 4,310 1% Feb 41/2 Jan H% Feb 2% Feb 1% May = ci/ ? ~~ i0 15 common & Hoskins Bearing Manufacturing Houdaille-Hershey common 14 * Howell Electric Motors Hudson Motor Car 1 Kaiser-Frazer Lansing Stamping 16% „ \ IZZ ~ 1 Kingston Products Kinsel Drug ~~ 1 common 1 •4-i, ft r • 14 ~5,8 * King-Seeley 14 ci/ \{f 1? 14 ni/ r ,12% 43. ,wU for Week 2 Brown-McLaren Mfg May Jan Range of Prices l May 6% May Feb Apr 85 40 May 5% May 12% Mar Sales Last Par Allen Gar 480 * _— new Preferred 25 31% 13 10 Insulation Rapid U 69% 32% 30% 100 Kroger Randall 33 ~5 _• preferred G 380 105 5% Magnavox & 19% 31 200 • Preferred P 63 6% 50 Tel Picher Kahn 5% 38% 25 Railway Preferred Hatfield 17% 6 10 Cincinnati Union Stock Yard Eagle Jan 5% Mar 38 common_8% Dow common Formica Apr 14% 5 . Cincinnati Bell 18% 18% 95 25 20 31 * High 290 5% • Cincinnati Sub 20 10 Cincinnati & 17 5% • Cincinnati Advertising Cine 20% 17 LOW Week's Sale Price Detroit Banfe Since January 1 High 19% 17 1 Burger Brewing Carey (Philip) Carthage common Champion Paper & Low Exchange Exchange Friday Bros Detroit St Cleveland Navigation Detroit Edison for Week of Prices 20 . Apr DETROIT Davidson Sales Par Brummell 35 % May New York Curb STOCKS Consolidated Paper Continental Motors Exchange Sale Price STOCKS Beau 33% Jan Midwest Stock Exchange Jan 13% 34% Exchange Detroit Stock May 63% May 423/b Cincinnati Stock Mach Jan 30"% ' Burroughs Adding Machine- Laundry 25% 15 34% Telephone: WOodward 2-5525 Apr 211 62% 35 Ford Budd American 37% May 163 33 % 34% 33% Mar 16 y8 Mar 62% —— Corp 60 Apr 7% May 15 110 435/8 - 25 Electric 219 252 373/4 5 Feb " Westinghouse 77% May 28% May 77 % 28% 5 18% Mar 3% Mar 7% 22% —100 Waldorf System Inc Jan 37 .12.50 May 26 Vermont & Mass Ry Co Jan 25 Va 743/4 28 3/8 Feb Feb 96% 1,063 163/4 13% Mar 92% 33% — common. 66 743/4 Detroit Stock Exchange Jan 30 . 63/4 15% Machinery 24 Va Mar 37 New York Stock May Jan 4% • Co_ 19% May 133/4 Mar Jan 16 Members 9% May ' « Torrington Co Fruit 8% Jan 16% Mar 2,304 100 16% — Unon Twist Drill United 355 - 102 100 16% — • Inc. 22 8% — —125 7% 450 100 % , 100 ...2.50 Webster 425 15c 50 ... 9% 21% 12% 20 Cn Jan 21% 28% 58% Mar 9% —100 Drusr 113/4 11 Watling, Lerchen & Co. 56% May 21% —1 Pennsylvania RR Quincy Mining Co 18 * 89% Mar 90 52 —100 Rexall 168 Feb 83 56% 1 __i— 19% 12% 23% Jan 83 s H) May May 40% May 82c 553/4 * N Y New Haven & Hartford (N 34% Mar 50% May 33% 50 * England Electric System New England Tel & Tel RR Jan 123/8 S Northern 100 Apr 57% May 153/4 —V"' —. . ——- New 372 May 34% 56.13 May 403/4 —100 National Service Cos 34% Apr 3/a May 39 May 50 V4 May 89% May 75 ' 49% Mathieson Chemical Corp Mergenthaler Linotype Narragansett Racing Nash-Kelvlnator 11,572 .10 Westinghouse Electric 7—25 5% Jan 25 20 Va —* Theatre Central (N J). 21% • Copper 30% 23% Standard Jan 4% _• Co 90 1% 385 .15 411/4 15 Safety Razor Royale Copper Apr 32% 50% Brands Oil (Ohio). Timken Roller Bearing— U S Steel (new) 53.32 9 V4 39 -5 Co 75 9% May 350 Apr Jan 49% Socony Vacuum Apr 56.13 56.13 14 V4 8% 39 19% May 1 Feb 42 34 V8 Mar 6% May 32 „. 11% 9% 1% • 58 235 428 49% Radio Corp 6% May May 119 He May 39 33 %C — 45 " 30% Jan 80 1A May 31% Jan 5 Oil 210 • 14% 383/8May 32% 50 35 Stores—_— 33% 13% 8 58 v 3,180 8% 10 33% • Feb 75 % 32% ♦ Pure 100 Apr 79% & Feb 1613/4 May * 58 l Gillette Loew's Stores 100 .... Jan 66% 36 Jan 26% 27 1% 100 ■— 146% 315 14 7 Oil Standard adjustment General Capital Corp General Electric Maine ; Pennsylvania RR Pepsi-Cola - Kennecott Dep't Jan 66 % 160 337 1 General Electric General Motors Ohio Edison 22 ' preferred class B 5% Isle ; Day Power & Light RightS 66 163 High Apr 28% -* * Curtiss-Wright Jan 150 78% 76% Gas 33 37% 37 ~ 19% 50 6% Apr 80c 195 76% 3% 6% First National 21 78 33 ' 10 5 ; SS Lines 815 Ry— Common Eastern 78 . 1 10 — 25 '76% 28% Service Products 35% ;28% 37% Southern ' Mass 40% 10 — . " I 38% 1 100 Calumet & Hecla Cities Service Eastern Feb 15% May 43% Mar 100 5% Feb Low 160% 161% 10 —25 Rights City Range Since January 1 High 35% Telephone St Telegraph—100 Chesapeake & Ohio Cities Low 117% May Railroad— 38y4 Shares -* Armco Steel Jan 33% May Mar 240 - 1143/4 117% Railway— Stamped Boston 120 100 Boston Edison for Week Stocks- Stores Columbia Bigelow-Sanford Carpet 6% Boston & Albany RR Sales Range of Prices } Par Unlisted 50% IlOO Week's Last Week's Anaconda & 26 Friday of Prices • , Refining MAY Sale Price Last Par American WEEK ENDED Exchange Sale Price 1 STOCKS American Agricultural FOR " ~~ 18J8 16% 4% Mar 6% May 5% Apr 3% Feb 12% Apr 15 May Jan 14 Apr 540 12% 990 11% Apr 330 3% Feb 325 13% Feb 14 4% Jan Jan 17% May ... « l{f 2®/4 iu 1% 180 500 2.287 2 2,620 4% Jan 71/2 Feb 350 21% Feb 28 % 3% Mar 5% May Apr 20 1,000 200 Jan 1% Jan 1% May 2% Feb 1 % Number 4911 171 Volume ... The Commercial and Financial Chronicle (2227\ OTHER STOCK RANGE Friday STOCKS Range Products Corporation National Stamping common., Niagara Mohawk Power—; Packard Motor Car Jan 7% 1% 1% *2,000 4% 4% 100 4% May 15% Jan 20 — Raisin Paper— Manufacturing 20% 3% 23 Va 172 Apr 23 Va May 3% 3% 590 3% 3% 500 2V4 100 High International 75/8 Int'l Tel & Tel Corp Abr 1% May 4% May 20% May 37/a May 23 Va International Nickel of Kennecott Kern 2% May 6V4 May 4% Feb 3% May 2% Jan jan Loew's 3 3% jan Los 29 30 3% 3% 3 2,798 3 97/s 2 10 >7% 12 850 21 Feb Jan 3% Mar Jan * 1,040 r. 8% Mar 1,100-Sfc 2% Feb 365 2% Feb 13 Va 30 Preferred Apr 4% May Apr 3% Apr class A— & Company Walker 17% 17% 600 14% 11% 11% 830 10 1 —50 :* — —— 5% S«/4 2,300 4% Jan 25 33% Jan 37 Va 40 Apr 42 1 Apr Products Wayne Screw 36 36 42 1 Lincoln Petroleum 42 1% 30 1V4 500-wi Feb 17V4 May Feb 12 Mascot Oil Menasco Power 1% Apr May Jan National City National York New Range Sine* January 1 American Smelt & Refining Co 300 27% Mar 38% 2% 2% Apr 175 2"% May 3% Jan 35% 505 11% 11% 665 a22%a22% 21 16 Va (Un)__• (Un) & Tel Co American Tel High 34% 16% 100 16% 35% Mar Jan 12 Apr 21 Mar 13% 70 161% 161% — 9% 19% Mar 746 a55% a55% — 31Jan 16% May 55% Feb Jan 54% May 1,549" 146 Va Jan 161% May Pacific Steel Armco 23% 23% lUn>_30 32% 33% ——.10 Co 37 37 -5 10% 10% (Un) (111) Armour & Company Atch (Un)— Mining Corp (Un) Copper Anaconda Topeka & Santa Fe Ry (Un)._100 Refining Co Atlantic (Un)__ Manufacturing Avco Corp Baldwin Locomotive Petroleum Bandini Barker Bros 1 10 1 Cprp common Consolidated. Barnhart-Morrow Barnsdall Oil Co Basin (UnU (Un) Benguet Consol Mining Co Bethlehem Blue Steel Diamond Eoeing Bolsa Corp Oil 1Q9 11 220 6% 220 *?*300 45 8% May 9% 275 24 % Jan 137/a 14% 1,046 21% May 11% Jan 15 y8 Apr 11c 12c 4,700 14c Jan Inc 15 % 834 (Un) 5% 1 15% 10% Jan a20% a21 60 18% Jan 21 y2 Feb 21% 22% 670 17% Jan 22% Apr 1 8% 9 470 6% Jan 10% May Inc 1 32% Jan (Un) Western Motor Oil Car Apr Gas 10 Feb 13% May Rexall 35% Jan 46 10% Mar 9 8 May Apr May Seaboard Finance 7% Jan 17% 17% 1,035 12% Jan 23 23 205 17% May * 25 25 10 40% 41% 125 15% 15% 1,525 a43 % a43% 25 21% May 23% Jan Mar 14 41% May Mar 16 V2 Apr 48% Jan May 126 33 Jan 41 Va 18% 18% 100 15% Jan a4% 20 18% May 5% Apr 70% 4 Jan 885 63% Jan a76% a79% 71 % May 82 67% Feb 76%. Jan 1% 118 15,322 l:7ff May • 16% 18 "2,178 15% Mar 20 18% 18% 345 16% Apr • 14 14 212 lli May 18 May 18% May 11% Feb 14 Va 10 ... — Colorado Fuel & Iron Corp com Preferred ; • 1,090 of (Del) 37/a 37/a 9% 9% 1,273 Jan 11 19% 19% 7,985 17% Feb 248 16% Jan 8% Jan al6% a 3% Mar 9 10% al0% 130 50% 50% 310 Apr a38 158 33% Jan a34% a34% Feb Apr 18% Mar 44% Mar a36 % a 12 Mar 51% May 36% Jan 60 26% Feb 34% May 19% 20% 1,586 12% Jan 23 7% 7% 210 7% 4 4% 300 4 33% 33% 34 956 23% Jan 34 May 17% 15% 18 3,314 11V* Jan 25 Mar 7 7% 710 5% 96 20 % a22% a22% 50c 50c 200 46% 48% 1,538 a33% 48c Apr 9% May 5% 7% May 37% 30 y8 55c Jan 225 7% Mar 520 30% Mar 19% 20 44% 610 19 May 36% . Feb 9% May 33 % Feb Jan 21% Feb 51 Jan 51 Jan 652 41 y4 Feb 44% Mar 180 a76 % a78% • 15 Mar 48 % Feb 505 ' Jan 22% May 33 33 Feb Feb 9% 9% Apr Jan Mar a33% a34% • 35 Feb 43'/a May 4 Mar 55 44% a44 a44 % 25c 5c 6c 6,000 • 46 51% 8,104 * 52 54% 263 31% 36 9 Jan 1 20c 20C 1,000 16c- 27% 28% 2,425 22 Apr 51% May 54% May Feb • 15 Signal Petroleum Co of Calif Mar 21% 16% al6% 5 1.75 B 68 19% ~4 (Un) .<• 38c Mar Apr Apr 41 Va a4% 69% (Un) Rights 40 a40 % a41% 25 Cities Service Co 37/a 47% May 4% Jan —50c Shell Oil Co Class Chrysler Corp Jan 19% Sierra Trading Corp Signal Oil & Gas Co class A 1 37% 1 • ——1 195 Co • (Un) 47% 8 • Corp 47% 1 (Un) Company Industries (Un) Paper Broadway Dept Store Products 55% Safeway Stores Inc: St Regis Schenley Budd Cessna Aircraft Company Feb -• 878 Certain-teed 52 a34% Corporation 8% Caterpillar Tractor Co 951 1 8% Corp 53 2.50 Seaboard Oil Co Ry Co (Un) (Un) 53 • 1 Sears Roebuck & Company Company 28% May 61% Jan 28% May 100 » 51% Mar Packing 28 390 64% • Drug Inc 68% May 10 % Mar I) 450 287/a 64% 1 Rheem Manufacturing Co Rice Ranch Oil Company Feb iJ 29% 28% Company Feb Case 29% (Un) 56% Canadian Pacific Jan 37% May 29% Mar • 50 California Apr Jan 25 • 130 Co 34% 35 33 %c 851 (Un) 31% Mar 287 50 68% Jackson Feb 1,465 l (Un) 68 Co 22% 34% • Reserve 30% Jan 37% (Un)._1 Feb 38% May 20% 34% (Un) (Un) Oil 26% Mar 150 May 37% (Un) Airways Dodge Richfield 233 22 % 22% 50c 10 56 15% May 2% Jan 34% May Jan • Republic Steel Corporation May 34% Mar 22% common Pictures Inc Oil & 3.00 Mar Jan 20c 10 Co World Pennsylvania RR Co Pepsi-Cola Co (Un) Oil Jan 31% 25 preferred Corp 38 107/a 1.40 202 25 1st Paramount 109 14,715 a35 25 redeemable American 1,300 2.35 a35% a36% a36% 31c 1.95 29 common 33% May May • 28c 16% May a34% — 10 Corp of Calif Co Pacific Lighting Corp Pan 2.35 8 ; Indemnity Pacific 31c 1 Corp Co red preferred 4.80% Mar 10 preferred Pacific 9c Feb (Un)_100 (Un) Pacific Gas & Elec '6% May 324 1 Railway Co Company 22 8% Apr 4% Mar Apr Jan 22% Ltd 130 2,568 90c 8% Feb Jan 3% May Feb 22% (Un) Apr Jan Jan * RR 7% Jan 1% 1 40c 7% 1,725 (Un)__* Corp 20 31% 2% 60c 72 %c 2% 16% Mar Apr 25% Mar May ' Jan 95 95c 53% Co 885 Jan 490 Pure 3,952 72 %c 764 (Un) Radio 9 Apr 1,550 320 22 Feb 37% 23% 80c 75c Jan 58% Apr 70O;^?--yT % Apr Jan 21% 9% 1% 29% May 11% 306 58% 5 Byron Jan 35 250 5 120 7 24% 320 18% 18% • 4,000 6% 375 (Un) Inc 13% a50% a51% 27% 320' Jan 32% May 18 y8 Jan 23% May 58% Feb 13% 8% — Apr 27% 1.40 Jan 15% 1 Corp (Un) Incorporated (Un) 36% (Un) 24% 422 21% Mar Pullman a29% a29 % Borg-Warner Corp (Un) 416 16% 352 Phelps 1% (Un) 30 % 16 23 r: a47 50c 30% 23 Jan Feb 31% May 8% Mar Jan * 16% 48 7% 1.10 Mar 20 25c 5,620,,* 28c Jan 38 3,125 33% Mar Apr Jan Apr 23 100 Corp of America (Un) Radio-Keith-Orpheum Corp (Un) Republic Pictures Corp (Un) 3% 45 285 May Jan 10 1,130 31% 60c 45% ' 48% 31% 32 Mar 5% ' 48% May 49% May 160 12% Corp Borden Company a7% Jan 57 600 al3% al4% 13% (Un) Co Feb Jan „ Apr 32% a46 % a Corporation Airplane Chica 5 8 a52% a53 % —5 (Un) Appliances Inc Jan 37% 11 28c 20c Aviation Corp Bendix Home 28% 104% al7% al7% 28c 5 _ Oil Co Bendix al7% .— Feb Mar 35 6% 6% Co ^ 155 a7% y;1, 13 22 28 l.OOiyJ a52% a53% 3 (Un) 455 113% all3% a 25 (Un)_ Works 181 ~r 1,156 y 50% 32% Petroleum Finance Packard Co American Woolen 325 1 Prod Aircraft Shares — 56% • Lines Northrop Oil ;— Jan 56% Apr 1 Corp Pacific Ohio 35% 17% Co Aviation Amer of Prices Mfg Co Aliis-Chalmers Jan a8 1 Corporation Edison Gold Mining Co (Un) • American Airlines Inc-(Un) 1 American Power & Light (Un) * Amer Radiator & St San Co (Un)__• Alaska Juneau 16% 1.15 Co Northern Low 126 a8 Oceanic Oil Co High Feb al6% al7»/8 al7 16 Light Central Ohio 31% 7% 1 Distillers Sales Low Jan 1 Montgomery Ward & Co Inc for Week 31% Jan 4% 1.15 (Un) & Nash-Kelvinator Range 1 10 9% 4,Uao • Petroleum Week'i Par y •, 240 6 Va 7 Corp Power Sale Price ■■■■;. May 13% lOo Mfg Co Merchants Minnesota Occidental \ 45 % 1 Company Last Corp 38% Mar 5 Angeles Biltmore Hotel Co Friday V.;' 29% May 77 May 5Va Mar Angeles Stock Exchange ' High 25% Mar 6 Co (Un). —5 • (Un) (Un) North American Co Admiral Low 950 13 % — Los Angeles Investment Co.— North STOCKS — 1 Co Aircraft Inc Nordon Los 7.50 Range Since January I High 28y8 29 % a45% a45% May 10 1 — Low — (Un) Magnavox Company 700'.i^~ " Jan 5 Corporation States Radiator common. United (Un) Corp Copper Lockheed 3 110-*- Shares • Company Libby McNeil & Libby (Un) Montana Udylite Co (Un) County Land Co Jan 310 tor Week May 2 2% 6V4 12% Timken-Detroit Axle Paper Can Kaiser-Prazer Corp Kansas Power & Light 2% 2% Sales Range of Prices Par 3% May 2% Apr 3% Mar * 6% 12% common.. 2% 2'/4 1 class B common Jan 1.00 Apr J'JJJ 1,250 1 1 1 Manufacturing Manufacturing Jan Week's Last Sale Price Lane-Wells 10 Sheller i% 6% 23% 1 Scotten-Dlllon * 100 3% —* 1 i". 1 —2 5 Chemical Metal Products. Rickel (H W) & Co Superior Tool & Die 1% 7% — Peninsular Standard Tube 315 2% 2 * park Rudy Low 3% 2% 10 , River High 3% • 1 Murray Soss Low STOCKS 2% Bumper Michigan Sugar common Monroe Auto Equipment Michigan 26 Range Since January 1 1 — MAY Friday Shares 2 Screw EXCHANGES ENDED for Week of Prices Par Masco WEEK Week's Last Sale Price LaSalle Wines FOR Oil Sinclair Corp 4.32% 19 255 35% 35% 2,117 34% Jan 25 27% 27% 482 26% Jan 30 30% 1,022 29% (Un) preferred 4.48% preferred 4.88% 19 Ltd com—25 Socony-Vacuum Oil Co Inc Southern Calif Edison Co preferred 28% May Jan 25 25 — Southern Calif Gas Co 6% a28% a28% pfd—_—25 36 36 28 36 16 28 455 34% 34% Feb 19 May 36% Apr 28% May 30% Mar Jan 28% May 36 Feb Jan May Gas System (Un; Commercial Solvents Corp Commonwealth Edison Co Cons Chollar Gould & 25 (Un» Mining—1 Consolidated Edison Consolidated Engineering Corp..; Consolidated Vultee of Crown Curtiss America of Zellerbach Publishing Curtiss-Wright Class A Co Pont de 22 % 543 991"^ 23 27% May Jan May Jan 19 % Mar 19% Jan 1.05 Jan 33% May 15% 12%" 12% 150 a35% a35% a35% 145 12% May 29% Jan 50 6% Mar 7"% Jan 7% Jan 9% 22% Jan 72% Jan 15% 16 499 10% Jan 7% 7% 1,903 6% Jan a66% a66% 25 1 1 a6% • 9% 23% 23% ... 18% . -V^lillO-' a78% a80% 50c — a6% 9% (Un)_.• l Inc * 205 18% 55% Jan 16% Mar 26 Va Jan 17% May 7% Apr 65 % May 14 35 Jan May 23% May 79% May 19 V8 Jan 5 79% 81 646 61% Mar Electric Bond & Share Co (Un)J .5 Electrical Products Corp ,, 4 Emsco Derrick & Equip Co common—5 Exeter Oil Company Ltd A -1 Farmers- & Merchants Natl Bank—100 Fitzsimmons Stores Ltd class A— _1 Florida Power & Light Corp * 19% 20% 759 18 Jan 81% May 23 Va Mar 13 Jan l37/a Co - 13% '469 13% . " 15% 170 72 %C 87 %c 15,050 15% 85c 15 y4 308 9% 15 308 9% -m a21% a21%~ 14% Mar 37c 302 9% Jan 87 %c Jan 310 Feb Jan 18% Mar May General Motors Corp General Goodyear (Un) • —10 5 (Un).. 3 * (Un) A 13% Mar Pacific Company • 56 56% 1,303 50 y8 Jan Southern Railway Company (Un) 36% Mar Jan 20 May May 38 38% 320 33% Feb 57% May 38% May 23 23% 642 21 Jan 24 68% • • Standard Brands Inc (Un) Co Oil Standard Standard Oil Co —— • Calif of 61 Jan 42% Jan 69% May 47% Apr May 69 1,647 a48 a48% 190 a74% a76% 131 66% Jan 73 50 21% Jan 23 % Apr . 15b (Un) (Ind) May 10% Mar Standard Oil Co (N J) Stone & Webster Inc a487i 4% % Swift & Tidewater Oil Co Assoc Transamerica Coal Truax-Traer WS,178 69 V* Jan 17% a89 % a 90% 294 16% Jan 18% Mar United 88% May 44% Jan 88% May 51% May United Gas United Paramount a & Carbon Oil of Calif Pacific Railroad Co United United Co Aircraft Air Lines (Un) 6.66% Hupp Corporation Independent Exploration Co intercoast Petroleum Corp— Interlake Iron .Corp (Un)— Apr 69% 316 60% 69% May 72 Va Apr a73 30 71% Jan 30 10% Apr 25 15 Va Mar 29% 29% Jan 2% Feb 42 Va Jan United States Rubber Co lOVj** -1,111 10 Apr 11% Jan United 101 Mar 13% May 23 12% Feb 15 Va Mar Jan 30 May May 18 18% 3,ouU 14% Jan 19 19% 138 16% Jan 20 ya 11 11 200 8% Jan 11 al3% al3% 10 10% Jan 12 % Mar ' Apr May a50% 26% 24% May 27% 87% 87% 377 85 Feb a30% a31% 143 26 Jan 87% May 31% May 17% 269 20% May a51 490 42% 27% 2,932 21 25% Jan 50% May Jan Jan 16% 16% 933 14% Jan 4 4 259 3% Jan Apr 4y8 Mar 18% — 18% 290 17% Feb 19% Mar 123 % May 11% Mar 1,878 19% 18 rnmmm 10 May 30 87% (Un) 41 Feb 27 % Corporation 25 10% 10 122 123% i 13% 1.85 13% 1.85 1.90 all% 1% Certificates Thea Steel States com interest— of (Un) Corp 2.10 de H D Bakeries Kamp's Apr Warner Bros Pictures Inc Feb 17 Apr all% all% 100 9% Jan 12 % Apr West Kentucky Coal Co Western Air Lines Inc 4% 332 2% Jan 4 Va Apr Western Union Tel Co 3c 3 1.55 Feb Van 13% 40% 11% 200 ^^1,950 205 4% —10 • 453 _ 16"~ 15% 33 %c 43. Apr al5% al5% — 1 700 25c .... 23 Va 37% 10 2 2 100 , Jan 36 V* May a50% (Un) a36% a36 Va 1 Illinois Central RR Co (Un) Imperial Development Co Ltd 19% 50 (Un)__; a54% 12.50 Inc 160 228 20% Corporation (Del) a36% 5 1 22% 37% allV. allVa —— 5 ^r' 75 a51% a54%> ' 222 May Apr 21 common Inc 13% • (Un)— Corp 35 Va Jan (Un)_* 25 Corp Carbide Union Jan 10% 22% -1 Film (Un) Union 26% a71% 50c 5 Twentieth Century-Fox 585 1,810 37% —-- — Air——I (Un) Co 89% 87% al6% 13% " 2 Western & Jan al7 34% 13 —— May 69% (Un).——10 Corporation Transcontinental Tri-Continental Corp 49% %t 34% 34% * Preferred Union a23 Company 166 51 May May 51% May 89% May a22% • (Un) —. Texas Gulf Sulphur Co (Un)— Textron Incorporated common Texas 50 % ~ .25 (Un) ————1 1 preferred class Et 25 Company (Un) 25 20 Va 50%., . — Sunray Oil Corp common Jan May (Un) (Un) Studebaker Corporation Jan 88% * Holly Development Co Hudson Motor Car Company Jan Corp Universal Consolidated Oil Co Hancock Oil Co of Calif class Hilton Hotels Corp ; page 11% 15% *2HCT 49% 51% * Greyhound see 19 1,399 42% ; 1 E°r footnotes 1,025 .1,488 a20% Tire & Rubber Co common—* Hunt Foods. 20 12% A~415 2 Graham-Paige Motors Corp (Un) Great Northern Ry Co pfd (Un) Corp 19 12% ——.25 Petroleum 22 % • _ common Public Util Corp Goodrich (B F) Company 2 5 preferred A 22% May SOW Garrett Corporation General Electric Co (Un) General Foods Corporation 572 Calif Co 6% Apr (Del) Inc & 36% Southern 32% Mar a66% common Nemours a32% a33% 23 65c 1 (Un)_5 (Un) Inc ' .'<♦»% 1,800 1 (Un)—1 t Dresser Industries 17 428 32% 65c • Corporation (Un)—B Company (Un)— Corp Douglas Aircraft du (Un) Aircraft Continental Motors Corp Continental Oil Company Creameries Y N 120 32% 65c 72 %C al8 al8% ( Un)—.—* Sav Apr Southern Southern Columbia 41% " 3 266 3,500 12% 4,749 2.90 3 y?f%,300 15% 15% 11% W'estinghouse 35% 2c Jan May 41% May 7%c Jan 9% Jan Jan Jan 3% Apr 15% May Woolworth W) (F (Un) 23 Jan 55 17% Apr 21% Feb 10 45% 45% 45% 253 38% Jan 45 y8 May • 33 32% 33% 3,128 25% Jan 33% May — 51% 51% 300 40% Feb 58 Apr 16 16 340 12% 17 Apr 13% 16 y8 Jan (Un)—1 • Zenda Gold Mining Co _ ■ ,t. 190 17% Mar 13% 690 13 73 90 8 Mar a— a8% Jan a8% ' a— Jan 9% Feb a30% a30% • Corp (Un)—12.50 Co (Un)————10 17% 17% al7% a20 a20% , 4 -1 (Un) a 1 5 17% — 1 a34% 60 21 Vt Jan 30% May a34% a34% 116 30% Jan 35 a48 100 12c 9,000 47% May 2%c Jan 106% 106% $10,000 100% Mar a47% lOo — —I960 — 10c Apr 49% Feb 17c Apr 12 Va May 2.10 13% Elec (Un) • BONDS Southern Pacific Co 3% deb 106% May 35 ;V; I** 36 <2228) The Commercial arid Financial Chronicle .. Monday, May . 29 »1950 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MAY 26 Friday DAYTON & GERNON 105 SO. LA SALLE ST. Week's Sales Range for Week of Prices Shares F<tf Great CHICAGO 3, ILL. Telephone Central Stock Exchange Lakes 7% 6-0780 non-cumulative Greif Bros Co Hammond EAU 72 85 600 11 1,800 10 2 27 27% Apr Apr 650 26% Jan Brewery Co (G) 1 Co 10% Week's Last Range 1 Shares Abbott Acme Laboratories Steel Admiral __S Co. Affiliated Gas Equipment Brass Mfg Alleghany Corp (Un) Allied 31% 8 common American Rad Tel Anaconda Armco Copper & Asbestos Co (111) Mining tUnj & Mfg 17% Jan 39 5% Jan 6% 7% 1,800 11% May 12% 200 3 Jan 4 400 3 % May 4 36% 38% 800 26% Jan 11 Vs 1,000 9% Jan 12 Santa 16% 770 2,186 32% __ com 33% 20 Apr 13% Jan 146% 22% Mar 16% May Jan 1,050 161% May 33% May 27% Mar 367/a 37% 1,245 27% Jan 10 Va 10% 9,600 7% Jan 10% 1% 350 __ 25 25% __ * 25% 26 3 1 ■ 83 1 1 8 Jan 1% 26 y8 150 7% — 1% 24% May 25% May 103% Feb 800 390 113% 113% __ 3 1,700 Bastian-Blessing Co Bel den • Mfg Co Aviation 1 114 Benquet Cons Mining Co (Un) 37% (George W) Borg-Warner Brach & & Corp Shoe (E J)„ Bruce Co l.E Budd Co Ll 4 '/a % 8 12% common 10 preferred 100 Canadian Pacific CJn) Carr-Consol Biscuit 23 Illinois Convertible Light*—, 3 250 Products Cherry Burrell Corp 26% 140 14 Feb 17% May 4,550 12% Feb 65% 72 % 1,554 15% May 55% Feb 49% 300 49 12 Va 250 11% 400 100 17% i 11% 15% 11% __10 Electric Cleveland Graphite common.. Illuminating Bronze (Un) Corp 28% __ ■' 14% Mar 16% 2% May 3% 3% Mar 5 15% 3,160 14 % Jan 16 y4 Mar 398 35% Jan 38% 21 2% 200 22 125 28% 28% 14% 15 41 63 70% Nemours (Un) Refrigerator Jan Apr 63 Jan 67% 71% May Feb 80 % Feb 34 14 Apr 16% May 1% May May 1% May Jan 80 43% Jan 47% Apr 29 Apr 235 25% 250 20% Jan 14 % 2.190 11% Feb 4,100 29% Jan 34% 7% 27% 9 10 7 : 4% 1,600 810 7 2,150 33% 17 8i y8 35 5% Mar 54% 462 240 29 * 60 102% 104 17% 10% 11 Va 5% 78 17% 5 50% 51% 17 y4 10 May May 5 210 46 49% 50% 1,030 89 41% 85% 4,300 68 y4 Jan 8% 16% 470 16% Jan 8% 1,250 40% 535 33% Jan 28% 54% 8% 39% 29% 720 24% Jan 52% 54% 450 44 y4 Jan 7% 29% 33 % Apr Mar 700 38 Mar 39% 463 13% 13% 26 46 38% May 14% 773 12 Mar 27 Apr 30% Mar 21 Va Apr 23% Mar 28 Va 28 28 % 3,100 22% 22% 22% 500 16% 17 Va 1,457 17 Middle 8% 150 16% May 7% Mar 18 V4 Mar 1,550 13 Va Jan 17% 15 18% 17% Mar 10,200 11 % Apr 18 % May Apr 89 Jan 12% Jan ,88 89 10 4% Mar 6V8 Jan 2% 100 2 Va 2% € Feb 6 450 5% Mar 15 7% Jan 6 15 13 Va Jan 6% Feb 600 10% Jan 16% 16% 200 14 Jan — — 7 8 Mar 6 89% May 18% Feb 10 V8 Feb 40% May 31 % May 54% May 23% Apr Feb 54 Jan 4 Va 1,000 36% 200 1,585 Jan 27% Feb 28 Apr 31 Jan 50 49% Jan 54% Mar 6% 6% 1,100 9% 9% 150 " — 9% • — • 1 Co (Un) Cooker 6% 750 5% Apr 13% 100 12% Jan 14 V4 18% 450 17% Jan 19% Jan 28 May May 38 Mar 1 2 10% page 43. 10% 1% 10% 2 850 235 10% 10% 800 15% 15% 550 10 y8 13% 1% Jan 10% May 14% Apr Feb 2% Feb 11% Jan IS Jan Apr 2% Mar 29 May 7 Jan Feb Apr 28 20 20 - 10 18% Mar 21% Feb 10% 11% 5,150 10% May 11 Va May 3,000 550 " % -; 22 Va 40 35 1,274 53% ' 21 % 10 Va Apr 61 Va May 21% — 22 10 10 Vs 800 9 Va Jan 10% 28 29% 250 24% Jan 29 % May 5 5Va 300 3% Feb 5Va May 94U 11% Jan 500 12% Mar 16% May 36 — 14 13% 14% 15 Va 21 15 % x35 '< 36 16 % Mar 22 May Jan Apr 15 500 24 Va Jan 20% 21 VB 1,559 18% Jan 11% 11% 3,393 11% May 13 33 32% 33% 1,950 25Va Jan 33% Apr 16 15% 16% 4,050 10% Jan 18% Apr 6% Apr 11% * 1 4% —— * 4% 800 May 21% Mar 2% Mar Mar 44% 44% 15 43 Feb 44% May 8 35 34% 35 903 32 • Jan 35 Va 36% 35% 36% 995 26% Mar ——. Co (Un) Feb 36% May Packard Motor Car (Un) • Pan American World Airways (Un).2% Paramount Pictures (Un) 1 Peabody Coal Co common 5% prior preferred 25 Pennsylvania RR 3% — —. ' 5 Peoples Gas Light & Coke Pepsi-Cola Co (Un) Co Pressed Public Pure Corp Car Co Co Corp (Un) (Ind) • • (Un) • 2,600 9% 29 Va Feb Jan 5% Apr 7% May 15 Va Apr 18 Va May ■ 16% May 127% Apr 8% Jan 500 10% 6% 11 21% 2,300 9 6% 6% 550 5 Jan Jan 377 10% 4% Apr Feb 9 Jan 7Va Mar 4 Jan 18 % Mar 139 Va May 12 9% Mar Apr 10 V8 May 6% May 28% 19% 29% 822 27 Jan 30 34% 35% 680 26% Feb 35% May 23% Apr 9% Feb Apr • 19% (Un) Republic Steel Corp Rexall Drug (Un) Richfield Oil Corp Richman Bros Co 20% 1 (Un) Rath 3t 350 17 3% 17% 3,700 12% Jan 7% 7% 7% 325 7% 10 Radio-Keith-Orpheum St 18 8 * Corp of America 4,100 10% — Packing Remington Rand 7 Va 133 % 139 Va ■ 10% * com 343 16% 1 common... 1,200 19% 17% 1 (The) Service Oil 33%c 2,245 9% 6% — 100 (The) Steel Process 7% 4 9% 19% <-*— . 50 Apr 26% 26% 26% 150 25% May 28 12% 13 % 345 12 14% Mar 50c (Un)___ — • 33% • "'i?' • 2,300 7% 2,700 46% 48 Va 160 41 44% "[■'•J* 34% 6% 2% (Un) Mar 45 350 43% Mar Feb 34 Va May 23% Jan 5% Feb 7% May Apr 48% May 46 V« Jan Joseph Light & Power delivered Louis National St Louis * com Schwitzer Sears 25% 25% 26 * 42% 42% 42 Va • Stockyards Public Service A Sangamo Electric Co Schenley Industries (Un) 5Vs 5% 5% • 34% 1 • 600 V' 24% Apr 26% Mar 141 40 Jan 46% Jan 6% 2,200 4% Apr Jan 34 34% 700 26 % Mar 34% May 32% 33% 800 29% Mar 34% Jan 10 10 10 % 300 10 Apr 12 Jan 45% 44 % 45 % 1,887 41% Jan 45 Va Apr 16% 29% 2a V4 1% Cummins Roebuck & Co Securities Investm't Co of St Louis— New common Shellmar Slgnode Sinclair May Jan 61 Prod Steel 10 Oil Bend Southern Southern 15% 500 27% 28% 18% 18% 19 5 17% 17% 17% 1,150 15 Va 5 12 Va 12% 12 % 4,040 12 May 13 % 23 % 23% 423 23 May 23% May • Works Co Indiana 31V2 May 27% • Corp Lathe 17% May Jan 50 l,3uu • Socony Vacuum Oil (Un) South May 16% bU % 15% 15 Oorp Strapping " 10% (Un) 20'/a 2% Jan 35 35% Co 18 % May 23 26 Va 10% • B 600 58 Va 1 Co 70 500 35 _ • (Un) 214 61% 5 (Un) 18% 28% 35 \ 1 RR Feb 18% 18% 10 Aviation Feb 11% 13% 2 com 7 Jet* 6% — 25 5% May 9% V 2U 28 6% 1 23% 18% . - 28 10 Oil May 75 20 Ohio Apr 36 % May 53% 1 Inc Mfg class 36 4% 26% Co Edison 3% May 23 American Brass 8% Mar 53% Car Ohio Jan 25% American Ohio 7% 28 American May 52% Mar 50% May ' Jan 44 28 North Mfg 19% 100 26% ^.10 Nash-Kelvlnator Corp Oak 100 36 Va — • Cempnt Central 950 47% * B National Standard York 8 Va 22% 46 46 1 Chemical Co $3.50 pref -* Montgomery Ward <fc Co • Muskegon Mot Spec class A i._—* Muter Company new common 50c New 13% Apr 16% Jan 4 • vtc common & 15% May 7% Jan 22% 1 preferred Tile •■-> May 465 Monroe National May 800 2% • Pressure 9 % Jan 4% — 5 Portland 82 25 10 4% — — Missouri 248 200 Products Minneapolis Brewing Apr 17% 7 v4 Piping & Supply prior 46% Jan 16 8 — 13 % West Corp $1 May 16 — 4 Utilities Hart 29% May 46 17'/a 7 Brick Food & Apr 1,150 45% 38% 45% 13 Cement South Midwest May • Middle When Jan 12 . 17% May 22 1 Jan 89% 17 • Jan 104 Jan 49 y8 10 May 90 Apr 3 _ Apr 35 92% Jan 750 May 48% 78% Mar 280 Feb 81 % Feb 900 6 Apr 71V8 May 43 Va Mar 33% Apr 8% Jan 47% 90 28% * class G) Portland Apr 5% May * Jan 61 Jan 36% Apr 46 Va 85 29 7Va Co Mickelberry's Radio Jan 300 May May 9% Jan 3% May 7% 30 25 Va Mar 32% 1,194 42 Jan 13 Va Electric & (Arthur Metropolitan Potter Jan 33% • 17 % 34% May 7% May 14% May 33 % Mar 25 50 70 26 Jan 6% May 37% Mar .*, 12% Mar 400 5 78% 46 y8 l,6l»0 28 70 3 608 7% 9% 33% 1 11 35 5 Dredge & Dock 73% 256 13% H)__ u 250 46% 25 Co see 80 14 34% McKee Field Mar 46% 23 Jan 32 V8 Warrants 32 Razor For footnotes 46 100 333 10 Inc Gray Drug Stores Lakes Apr Jan 3,800 1 Transportation Graham-Paige Motors Great 40% 91 16% 23 37% 50 • North 395 157 5 Northern States Power (Minn) Northwest Bancorporation 33 % 16 41% 4 Libby Printing Co common Lindsay Light & Chem common Lonergan Mfg class B Marshall Apr 8% May 33% Mar 33% 5 & & 17 40% • common Gas May 15% May 41% May Jan 1 Lincoln Louisville 30 Jan 28% 10 Jan 16 y8 15% 4% 50 • Co Apr 9% May 16% 32% 1,500 75 University 30% 1.072 31% 550 8% 32% 33 V3C 15 29,300 32% 14% 8% 10 Apr 1% 34 Jan 14% Mar 32 % 1 Jan 200 14 14% .. Jan 1,995 27% Jan North 79% 2 Utilities (W May 33 34 Co 18% May 11% May 25 10 Co Brewing Corp Co Jan 91/4 Mar 22 76% 3 (Un) American Gossard Jan 26% May 32% Apr (Un) Goodyear Tire & Rubber Co ■ Jan 76% 27% 34% • Co 7% 79 400 100 12% 500 41% • 27 y8 v. Jan Light— 531 98 69% 2% Feb 15% , 10% 43 ; Jan 4% Apr 287/8 May Apr 33% (Un) 1,705 2,773 9% 43% Jan Mar 19% 250 11% 650 * Sessions McNeil National 2% Mar 700 18% 97 1 7-*. i'. Apr 500 250 42% Glidden Co '1 May 4% 97 15 General Electric Co (Un) General Motors Corp t- 76 3 9 1 Corp class A Flour Mills of America Four-Wheel Drive Auto i May 76 323 ■ 1 Corp Safety 11% May 730 42% • ___________ Manufacturing Gillette Apr 11 • • Eddy Paper Corp (The) Electric Controller & Mfg____ General Public 9 18% __25 Dow Chemical Co Du Pont (E I) de General May 2% (Un)__l Curtiss-Wright Corp (Un) Falstaff 20 5 Co Gibson 1 23 Co common Consumers Power Continental Motors (Un) Eaton Jan * Inc_ Consumers Eastman Kodak 16% 15% 37 & Feb 4% 1 Co Credit 34 76 2% 14% 37% May 1% Jan 27% May Electric— & Co (Un) Gas & 17% May 17* Columbia Gas System (Un) Commonwealth Edison Consolidated Vultee Aircraft Domestic Jan 33% Inc Doehler-Jarvis 29 79% Cleveland Mfg Mar 4,900 Tel & Extension Libby Miller 14 15% 15 Va — 5 preferred Dodge 40:/2 May 19% Mar Jan 50 __ Crane Feb 2,300 200 21 14 14% * May 13% Mar 76 — 1 Co 17% 36% .2% (The) 57 36% Mar 18 11% : (Un) Rights City Products Corp Cleveland Cliffs Iron Coleman 72 y4 Apr. 40% 210 7.50 Laclede-Christy Co Medusa May 39% 30 Apr 13% Mar 15% 31% _. Chrysler Corp Foods 38 y4 Jan Feb 17% 20 1 Chesapeake & Ohio (Un)_ 25 Chicago Corp common 1 Chicago Mil St Paul & Pac vtc • Chicago Rock Island & Pacificc RR__* Chicago Towel Co common... • Clinton 12 6% 14% 19% ; Certain-teed $4.50 4% Jan 30% Jan 1,406 31% _____ preferred Service 1% Mar 20 ' 50c Central 111 Secur Corp common Cities . 1 Brewing Corp Central & South West Corp Central Apr 18 — —« Centlivre Jan 1% 13% 17% (F) Manufacturing Burton-Dixid^Corp Bros 35% 1,300 * Burkhart Butler 40% 2l/2 _ 1,445 1% 12% * 15 (Un) 46% 37 Va 650 Feb 49 72% 1 Inc 37% 17% May 47% Apr 12% & Leath Jan Jan 36% Salle Lamson 17 15 % 5 Bigelow Co 12% -- 10 Corp Sons Brown Erown 1 (Un) Kropp Forge Co La Laclede 11% 1.000 8 33 V2 Co delivered Key Company Knapp Monarch Jan 33y* 5% 1,350 May 26% Mar * preferred Apr 400 5% 36% Apr May May 450 1% 1 Apr 5% 350 4% 28% * Kansas Power & Light (Un) Katz Drug Co Kelley Island Lime & Transport Kellogg Switchboard common 2% 16% 45% Power 38% 4 1 delivered When 9y8 36% 1% 2% Iowa Jan 35% 46% PI • When May 5% 15% 3 Berghoff Brewing Corp Bethlehem Steel Corp (Un) Binks Mfg Co Bliss & Laughlin Inc Eorg 35% 10 6% Mar 25% May t. Bendix Gas 38 y2 May 1% 1 Corp. 520 10 % 100 Tel Illinois Apr 37 % 1 (Un) Fe 21% 750 8 11% May 25 V2 * Paper International 38% May 11% 15% 21% Jan 28 • Harvester Iowa Jan Tool Light Steamship Shoe May 3% 21 Va 550 4% • International Apr 4 161% 161% 600 24% 7% 100 & International Jan 11% Power International -Tan 6% Mar 11% 24% May 12% Jan 10 % Mar 31 % Feb 10% May 11% Jan X28% 10 RR Steel Interlake Apr 300 161% 5 Co Automatic Washer Avco 1,200 350 11% w Refining Co pfd conv 32% 6% (Un)__* (111) Topeka 31 Jan 3% (Un)____50 Inland 23% May 4 100 Oil & $1.20 54% Jan 7% 1 San Co Manufacturing Ashland Apr 19% 6% 11% 1 Stand Tel Steel Co Armour Atch & & 44% 525 • Investment American 4,035 23% I (Un) Indianapolis High 49 7 __ American Low 6% 1 Laboratories American Airlines High 467/a 50c 7,750 8 25 Co Central Pneumatic Indiana Steel Products 7lA — Brick Independent Range Since January I 23.% —1 Aluminum Castings Ball & Roller Bearing Akron 49 -10 Corp Advanced Aetna Low 11% 24 Vs 24% 3 Spencer Bartlett Illinois for Week el Prioee Illinois Sales Sale Price 10% 90 CLAIRE Midwest Stock Exchange Par ' 23 1 Brewing Co Corp Werner Hibbard STOCKS 11 1 High Jan 11% 10 Va Hupp Corp —1 Huttig Sash & Door (new) common_10 Hydraulic Press Erick $6 pfd 50 Friday January L™ 90 10 11 • (Un)— Instrument Helllman Hein LaCROSSE 90 Trade MIDWESTERN LISTED AND UNLISTED SECURITIES MADISON Hinge Slace High —3 class A Western Hallicrafters MINNEAPOLIS preferred —100 Cooperage Griesedieck Chicago Board of Low Towing— Greyhound Members: Midwest " Last Sale Price STOCKS Gas & Elec * 15 26% 12% Jan 15% May 4,600 22 Jan 28% May 3,600 16 Feb 19 Jan 18 % May May Mar Number 4911 171 Volume OTHER STOCK EXCHANGES Friday Week'a Sales Last Range of Price* Shares Par High 11% .2 10% 2% Low 58 2% Pacific Co_ ZZIk Range Since January 1 51 % Mar 11% 1,800 8% Mar 3% 500 2% Feb 58 Jan 3% 49 1,260 42% Jan 49 May 74% 10 77 1,592 66% Jan 77 May -1 Standard Oil (Ohio) com—-— Standard Steel Spring (Un) 23% Swift Swift 26 y4 Jan 56% 278 44 Apr 2,500 9 Jan 14 13 13% 1,700 36% 37% 448 14% 14% 1,300 69 70% 442 Bros 13 300 11 y4 Feb 14% lt>% 17% 226 js'/8 Apr 17 % May 34% 700 29 y4 Jan 35 12% 19% 100 19% 16% Jan 49% 50 130 50 51 2,285 42 y8 Mar 16% 13% Jan (Unl¬ Jan 7 28% 28% 100 27% 1 17% 17% 195 17% 32% 33% 3,000 25% 32% 8 8 * —5 Apr 28% Apr Apr 23% Jan Jan 33% May 13 y8 May 8 •: May 15% May 210 35% 494 30% Jan 35% 21% 100 15% Jan 21% May 15% 92 6 150 50 ;• ■6-",.' 12" 12% • 15% 92 6 1 Banfcshares Apr 21% 9 * Inc common 4y8 - 34% 12 % preferred Willys-Overland Motors (Un) Jan May 17% May ' 6y4 Mar 250 8 51 Apr 13% 13% —1 $4.25 14% Feb 82 y2 12% buo Feb 5% Mar ioo 11% Jan Apr 16% Mar 92 May 6% May 13 Apr Jan 5 11% 11% 300 10 Apr 14 y4 —9 Machine Co Alaska Co 85% 92% 868 73% Jan 92% May Low Gold Juneau Mining Airlines American American & Power Radiator a2% a2% a3% 75 Tel American Viscose & Armour (111) Co class Gas Natural Ohio Petroleum Bandini Oil Barnsdall Steel Bethlehem a81 % a81% 65 69% Jan a23% a23% 100 23 Feb 80% May 32 Jan 32% 33% 1,446 36 % 100 cap Borden Mar 2,330 34 Jan 72 a— 10 % 229 24 6y8 17c 13,200 15c 7% 1,400 10% all 110 11% 11% 6% 6% 6% Feb Range 56 47% Feb 55 y2 May 155 35% Jan 47% 1% 1% 1,000 1% May 2% 36% 37% 12 % 13 12% 1 (Un) 2.75 - „ Sale Price 2.70 2.80 2,629 29% 113 a50% a51% Tel Ac Tel Corporation American Arundel Works™ Baldwin" Locomotive 5% 1st 100 • preferred Company Chrysler Corp Curtis Publishing Delaware Electric Power 1 Corp Storage 39% General 10 10 I Lehigh Coal & Navigation Martin (Glenn L) — common 415 50 21% 23% 1,157 40% 623 35% 3,745 Jan 13 Mar 90c May 23 4 4% 370 16% 5.237 preference 41% 1,345 a53 % a53% 6 aliy8 aiiy8 Celanese Chic Columbia Gas Apr River Apr 41% Jan Columbia 68% 89% May Cons 10 Jan 8% Jan 17% May 27% May Continental 16% 3,612 18% Mar Continental 45% 45% 47 245 41% 34% 34% 35 370 33% May 39% 27% 27% 27% 23% Jan 27% May 25% 26% 24% Jan. Feb 49% May 110 54 Feb • 29 28% 29 % 876 27% May 30 y4 Feb 21% 21% 21% 222 20% Apr 22% 80% 92% 170 66% Feb 99 41% 41% 16 59% 59% 60% 261 Apr $3 44% May Jan Dow Apr Dumbarton 26% Jan 29% Apr du 19 Apr 41% Jan 49% May 44% Jan 54 Mar Week's Range of Prices Shares Low 1 S Glass 34 14 Apr Feb 17 May 14% Apr 11% May 14% Feb Gladidng 13% 14% 11% 17% Feb Golden 22% 23 % 230 27% 40 1 , < 25 37% 39% 39% 11% 34% Mar Mar 24 Apr 4% Jan & 4% Tire Goodyear Graham-Paige 6% May Feb Jan 4 Mar Jan 42% Apr 264 . 35% Jan ' 30 85 85 * 10 60c 65c * 1,000 8c ; 23% Steel*Spring v t c - Westinghouse For footnotes see page 23% 6% " 6,000 8c 24 . "6% 31 26% 12% 43. I Apr 16% Apr 21 Jan 32% Mar Great Nor Ry 6% Mar 40% May 11% May 75 Feb 85 60c Apr 95c Feb Apr 11c 200 21 100 7% 35 26% 34% 350 115 115 15 a6% Bros Hawaiian May 7c - 165 18% Jan 190 5% Jan 27% Jan 6% Jan Idaho Idaho Apr 95 Apr 14 Jan 115 Feb 27% Jan 35% May 102 y4 Jan 105 ya May a6ya a6% 70 9 9% 889 15% 20% 4.477 19% 15% 20 ya 3,656 6% Mar 7'/a Jan Jan 11% 68 20% May 68 70 51 4 401 3% Jan 33% a68% 7% — 46% — 33% 295 29% Jan a68% a70y8 212 58 ya Jan May — 36 y8 May 70% May 7% 200 6% Jan 7% May 79% 874 61% Jan 79% May 46% 46% 11% 1,030 a20 9 ii y8 312 ; 46 % Mar 48% Apr 10 12% Feb Mar 18% Jan Apr 14 — Jan 4 7% a20 — Jan 72 79 y8 14 160 13% 40% ' Jan Apr 20% May 3% 1 8 9% Jan 11 ya 41 ya 480 37% Mar % 14% % 14 ya 10,000 50 6 al05%al05% 14% May 106 23 y8 Mar 14 Mar May 42 % Jan li May Jan ffl 16 Jan 106 Mar (Un) 89 21% 21% 138 2iy4 Mar 22 y4 Mar 49 % 895 41 »/4 Jan 50 a51 Ve a5iy8 — 50 49% Jan 50% Mar 89% 4.478 71 y8 Jan 89% May 12 735 88% May 11% May 14 y4 Jan al6% a 16% 7 16% Apr 19 Jan 16% 16% 457 16 ya Jan 18% Jan 40% 40% 188 37% Feb 40 ya May a27% a27y8 12 25 21% Feb 28 y8 13 1,850 ny4 —25 • 12% 12% 12% Jan 14% Apr Jan Jan 69 ya Jan 30 95 a— Rubber (Un) (Un)— pfd (Un) 9 1 9 a54y8 a51% a54% 252 3 I. Zi'oo 9 67% 67'/a a— —44% Jan 1% Apr 54 % 2% — Apr Feb 165 852 36% May 43 % Feb 10 Ve 10 % 10% 498 10 11 % Jan 13 % 13% 13% 931 Feb 18% 18% 13% May 16% Mar 16 % 18 ya 19% May 1.80 1,65 Feb 2.00 Mar 4% Ltd— 2 37 % • Inc 2 36% .119 Motors non-cum Corp — - 4 % 100 70 72 1,367 # 72 900 25 4 Ve 100 Maryland Mines Corp (JJn)——1 Power Co common— 20 1.70 1.70 1.75 1,700 a36 % a36Vs a37 120 33%c 11% 11% 12 2,825 9 29 29 425 9 13% 14 840 Car 61% Mar 240 67% 1-12% Co 24% Mar 27% Feo Independent Exploration — Int'l Nickel of Canada (Un) 30% Jan 35% Apr international Tel & Tel al5% 1 (Un) 50 May 7% Jan a90% a94% 187 31 Jan 3.2% May 2,334 4% Motor 6% 57 104 al5% al5% Hudson Apr a94% Pineapple Co Oil 45 ya 35% 9 Holly Development Co— Holly Oil Co (Un)—.1 Honolulu Jan Co common (Un) Stores Jan 11% May 43 y8 34% 20 common 1,343 35 12% Jan 14 y4 103% 10 1 ,31 12% Jan 24% May Hale Jan 7% 32% 67 & Mar 10 49 27% — — Slectric Corp Jan 9ya a66ya a66% (Un) ———— (B F) 14 Ve May 12J/4 12ya —9 McEean & Co Co Ltd common—- preferred Goodrich — 382 225 a66% 100 (Un) a__ al4 9% 85 preferred Hupp Corp common common 62 13% a47 a47% „ (Un)—10 9 (Un) 5 4 State 25 32 % 2 May 9% a . 27% May 50 1,424 - 1% May 33% May —5 Greyhound Corp 11% 85 pfd 23% May Apr 19% 39% 11% preferred 20% Jan 25% 659 3% 3 Jan 2,444- 5% 37% .. 50 27% 24% Glass v&nadium Alloys Steel •°naaium Westinghouse Air Brake westinghouse Air Ttralrp 18 Ve May 43 Gillette Safety Razor common 27% 5 pfd Light Products Convertible 2nd 35 13% Corp Preferred 230 X27 Foundry 5% 18 Feb 1% May Feb common General Paint Corp 11% 3% San Toy Mining u May Jan 11% Co Standard High 21% 326 27% Steel Apr 16% Jan 10 General* Motors Corp 17 Supply Flreprooflng Corp Pittsburgh 1 14 22% com Common Renner 15% 200 27% 15 General Foods Corp common Range Sine* January Low 20 32% Co General Electric Co 13% —5 " : F96 a47 9 (Un) (Un) Nemourb de Power 16 Fuel Plate 4,290 18% 40 9 common Products Board 11% System convertible 78% 78% May 978 - Capwell Co 9 Eureka Corp Ltd capital 1 Ewa Plantation Co cap—————20 16% Screw & Bolt Corp 71% May Feb 566 35 y* Oil Electrical 14 Lone star Gas $2.50 35% Jan 68% 33% al2% al3% 5 Works Electric Bond & Share Co Florida High 32% Co Kodak Dorado 320 Joy Manufacturing Co P tts Apr 63 % 41% 25 Co Bridge (E I) Pont Fibre for Week 32% : Pittsburgh Brewing Co— 29% 431 40% Emporium Sales Friday Jan 20 1,253 32% 21% Mar 15,000 50 Jan 9% May 30% 9 9 Oil Fields Apr 4% $19,500 45% 48 Jan 158 : — Chemical 1 Jan Eastman 44 7% 18 % 63% May Feb 457 . 70% 17% Co Mfg Doernbecher % 21 Sale Price Pittsburgh preferred 3-fo 555. .• ... 120 2.60 May 30% a31% a32Vs common — Publishing 300 Last Steel 9y8 Feb a31% (Un) 9 Curtiss-Wright Corp (Un) 1 Di Gicrgio Fruit Corp class A com—5 Class B common 5 May 41% May 5o% Jan 1.40 350 115 Preferred Curtis Dominguez Par National 9% A—9 (Un)—9 .—1.33 % (Un)—15 Bank First Natl 1,490 20% 35% May a34% a35% al4 Apr 26% 1975 Duquesne Brewing Port Pitt, Brewing Harbison Walker Refractories cap Zeflerbach Corp Crown 26% Mar 32% Mar 20% Mar 30 27 " common (Un)—1 iDel)*HUh)——i:-_5 America Inc—1L.—1 of Creameries Crocker 6,439 10 41% May 465 Jan 23% Mar — Jan 18 Oil Co 28; Feb 32% in Motors 16% Jan 26% 11% 692 12% May Jan 299 is Co Co Gas Feb , Mountain Natural 16 % 26% Jan 17% class Consolidated Grocers Corp 21% 1975 Gas Industries Chemical 10% 13 % Feb 10 ya 78% 9 25 Consolidated Edison Co of N Y 1,272 4% 53% 3,450 70 A—2% class Edison 4,245 1 Jan 225 9 20 (Un) Solvents Commercial 11% 4% Apr 53 a3iy8 a31Va' com (Un) 9 Packers iUn)_——9 27% 3% 1.50 41% May 2.45 9y8 System 11% 1 Jan 17 Feb a28 a28% 2.40 a28 10 common Sys Broadcast 25% 1 Mar 5% Mar 25 41 y4 — Iron 11% 17% May 34 ya a35y8 a36% 2.40 9 — & Columbia Jan 41 25 (Un) Co Fuel Jan 7% Jan a36% 100 27 stocks Blaw-Knox (Un) com — Service Cities RR (Un) May Pittsburgh Stock Exchange Columbia 41% (Un) Ry Paul St 8 BONDS Ludlum Milw Preferred 24 y4 Mar 841 A Allegheny 10 9 ] 28 common Ohio & Commonwealth 65 1 Co all% of America Mining Co Corp Chrysler Corp Cons 1 Transit Tractor Eureka Central El series 1% (Un) 15% Apr 71% May 25% Gas 5s 1 50 25 46 % Corp Baltimore Corp Dry Ginger Ale Jan 60 • „—9 _ 200 40 % Rights 44% common Improvement Westmoreland Inc 95c common—9 68 % Mar " United 95c Packing Colorado 24% Mining United 4% 63% Jan 383 15% Jan 6y8 Mar 21% 7% 23 4 23 16% Jan 24% Co Tonopah Apr 9 div Oil -662 6% 23% 14% — 3 6t Gas common Reading Co Scott Paper common Sharp & Dohme Inc common Bun 62% 70% 89% 17% May Apr 9 May 18 9 Corp Public Service El $1.40 15% 7% 68 Apr 21 • • Philadelphia Electric common preference Feb 3% 8% May 85 88% 51% Mar Feb 15% 200 1 10 i Pennsylvania Salt Mfg common.: Pennsylvania Water & Power Co div iy4 May 12% Jan 67 Jan 58 I 71 ' 481 2,020 class B__ • * Corp Pennsylvania Power A Light Pennsylvania RR $1 392 67% 49 y8 68 17% Co 1 • 50 Pennroad Philco 17 Vi Mar 13% 480 67 — 31 68 Art Tile — Jan Jan 17% 9 Co Apr Apr 34% Mar "517 39% . 3.25 24% Cement Chesapeake 161% May 1% 22% 22% 10 Oorp 9y8 May 6% 6% Fidelity & Deposit Co Motors Jan 14% May 23% 69% 69 y8 13 '/a 9 Light com Battery 146% 935 18 14 y4 5 (Un) common Preferred 1 & 29% May 9% 8% ■ 2,345 16% 17% 2% • Co Chemical Davison *»•». - 11 1% 1% 9 Co common Baltimore Transit Budd High '130 15% 10% 15% 418 161% 161 161% '' Range Sines January 1 / Low 30% 38% Jan 9 Caterpillar High 30% 9 100 9 13 American Stores Jan 7% 2.50 Mar 710 Apr Jan "v Shares Low Par 30% 870 29% 5 (Un)_ Preferred (or Week of Prices Last STOCKS 7% May ' Sale* Week'* Apr Jan 4% California Friday Feb 11% 10% Apr a53 Calamtra Sugar cap Canada 9% 13% 310 California Philadelphia-Baltimore Stock Exchange Jan a46% Co Byron Jackson Apr a46 % 15 Corp 9% 27c a52% (Un) Co Feb 25 .5 (Un)—P1.00 2 Borg-Warner Apr Jan 310 ' 10% 105% Mar Mar 30 Calaveras & Tube—— Sheet Youngstown Feb May 5% 7% a Feb 5% 500 15c 7% '•'! Jan Jan 88 6% 15c 7% 104 a23% a24% 6% 33% May 39 Feb — 100 all3%all4% „ a23% —9 Boeing Airplane Co Cap Budd 28 37% 5 (Un) Corp 53% May all% all% 10 % 8 2.50 P10 3 (Un) Holdings Jan 56 _L Bishop Oil Co Blair 16% May 161% May 13 _ Cons Minihg Benguet Jan Jan (Un)__100 1 com Corp 13% 146% (Un) Co Aviation Bendix 852 295 'Un) RR 16% 2,976 33% 36% Top & Santa Fe (Un) (Un) Diesel Engine Atok Big Wedge Mining Co Avco Mfg Corp common (Un) & 21% May 55% all% Imperial Locomotive Apr 55% 50 _20 Corp Baldwin 18% 20% 161% 161% 9 Atchison Ealtimore Jan 17y4 Mar 43 (Un)___5 common Apr 28 16 (Un)„9 A 12 14 Anglo Calif Natl Bank Arkansas Apr Jan 9% 543 161 Va (Un) Copper Mining (Un) Anaconda 239 100 (Un) com Jan Apr 239 al5 al5% 9 (Un)— American Woolen Co common Jan 4 a21% a22% (Un)„9 Smelting & Refining 11% 11 % 3% 3% Mar 100 a252%a253% a253% a21% (Un) American Corp Apr 1 San Tel Co Apr 2% 20 American & 22% a3% (Un) Light Stan & Jan 70 1 (Un) Apr 25 a24 % a24 % 3 (Un) Inc Ltd Factors American 38% 33% 31% — 9 High Lew 28% Mar 10 Co Range Since January 1 High 410 31% 9 (Un) Alleghany Corp common (Un) Auieu Cuemical & Dye Corp (Un) Atlas 50 ya Jan 49% 3% Corp__ Reduction Air Atlas 395 Electric Feb May 20% 2,lo0 (Un) 15% Mar 70 Ve May Jan 4y„ Wieboldt Stores Yates-Amer 9% Jan 59% 16% Motor Co Wisconsin 13% Mar 37% Mar 3% Works Pictures May Jan 15% without div 35% May 10% Jan 34 1 Westinghouse White 1,115 34 lu% — Shares —1 1 Corp 69"% Mar 14 —10 Iron Dorn Apr 8% Mar 35% Steel common. S Warner 21% Jan & Rys Co ex rights. Theatres com. Corp imited Light Van Jan 7% 50% United Paramount U 12% 13% — 5 Carbide 6c Carbon. Air Line* Inc (Un) United Feb 34 __ Co (The) ———2 Transcontinental & Western Air Name changed to Trans World Airlines 5 208 South La Salle 6t Corp • United 12% Admiral Amer 13 y8 Trane Union 1,000 -- —5 Co Timken-Detroit Axle 200 8% 14% Corp Thor 17% 8% 24% May May 54% -25 (The). Jan 18% 11 14 depoait of Co 515 300 28% May 34 5 1 25 international Co Ltd— Texas 24 11% — .1 Jan 25% 23% " & Co 1,449 17% —i Studebaker Corp (Un). DUIlUCttJiA Sunbeam Corp 1 1 Sundstrand Machine Tool—— Sunray Oil (Un) 28% 11% _5 Stewart-Warner Corp Stone Container Oorp Ctls 28% 1 Aluminum Products Sterling 28% for Week Par 11% May 48 75 Range of Prices stocks May _ 25 Sales Last Sale Price High 595 Exchange Week's Friday Low 56 Spiegel Inc bittuuard Dredging common. Dwuuoiu Standard Oil ol Indiana. 7 Standard Oil (N J> lUn> San Francisco Stock (or Week Sale Price Southern MAY 26 WEEK ENDED RANGE FOR 8TOCK8 37 (2229) The Commercial and Financial Chronicle . . . com : (Un) 1.60 3% Apr Feb 7 Mar Jan 76% May 13% Feb 17% May 2 Jan 4% 1.65 May 2.05 49 38 9% Mar Jan 38 Apr Jan Mar 12% May " 25 Ve Mar 29 Jan Jan 16 Apr 9% 38 (2230) The Commercial and Financial Chronicle Monday, May ... 29 1950 OTHER STOCK EXCHANGES RANGE Friday STOCKS Week's Low (Un) Corp K»)ser-Praz°r Corp Kansas Power & Light (Un). Kennecott (Un). Kern Copper 6 Corp Leslie Salt 5 Co LeTourneau Inc Magnavox 7 Martin Co Matson - •' j & 4% May 7% Fen Jan 19 Jan Mar 48% 875 45% Mar 55% May Jan 33 101 31 Apr 33% Jan 20 12% Apr 14% of Apr Machine Incorp 657 367 23% 16 y« 494 15% Mar 18% Oil a33% a34% 162 29% Apr 32% May Riverside al8% al8% Cement 100 11 Jan 24 Roos Bros 255 23 Jan (Un) Co Feb 17 % May Safeway 16 Inc San 26 15% 18 26 15% Republic Jan 54 196 a32% a33% 86 35 Steel Corp (Un) 10 10% 855 31 13 33% 34 24% .*0 __ 30% 55 Jan Apr Rheem Jan Jan Mar May Aeronautical Co A 27% 1 common 603 34 920 27% 33% 48% 33% 27% 101 27% a5% (Un)—.1 class Co 1,238 47% Corp. 23% 15 5% 34 May 3)% Mar Apr Jan Feb 23% May 43% May 34 May 29% Feb 29% Mar 5% Apr , Stores Mauricio 34 34 7c 8c 5.405 a44% a45 435 43% 44% 470 35 47. 51% 2,195 32 Feb 27%. 28% 2.854 34 Inc. -P10 Mining 413 ■ 29% Jan 7c 36% Mar Mar a Feb 2358 Apr 33% May Apr a5% 19% 37% - Apr Feb 13 % *•2 37% May 22% 23 Co. Manufacturing May 34% MaV Jan 23% 708 a37% a37% „ tUm. 37 23 May May 51 i nigh May 10 32% May Ryan a38% a39% __ 8% Mar Reynolds Tobacco ciass B al4% al4% * (Un) 386 27% Mar 5 .. 100 1,547 10 a33% a33% .25 January 27% Mar 12% Jan 34% 51 a32% common—. 8% 37 20% 10 51 100 Preferred 195 19% 10 100 Preferred Low 37 34% _ ■'<* —— Railway Equip & Realty Co com Rayonler Range Since High 37 (Urn America Richfield 1 Low Far (Un) Corn 16 al8% Shares ,ly. (Un) Radio Feb 7% Inc Pure Oil Co 48% May 12% a Pullman 30% — .1 Robbins 3,391 51 8% — .• common. Navigation Jan 16% 50 16 (Glenn) McKesson 384 12% for Week 1 *5*- High 30% Co Marchant Calculating 46% 329 a __ Lockheed Aircraft Corp Loew's Inc (Un) Macy & Co (R H) 261 6% 33 1 Libby McNeill & Libby Low 17% 10 iRG) High 48% Sales Range of Prices Friday 6 — Week'a Last Sale Price STOCKS 17% a57% 26 Range Since January 1 a56% a57% 8% County Land Company.. Shares a49% a51% — MAY for Week el Prices Par Johns-Manville ENDED Sales Range Last Sale Price WEEK FOR 9c Jan i Menasco Mfg Co common Middle South Utilities • Mindanao Mother Lode Mines Minnesota 2.45 —1 P10 Sears 2.30 " 2.60 892 al8% al8% 16c 67 16c 18C 32% 32 % 1.60 a 15 2.100 Feb 3-25 May a._ — 14,600 16c Roebuck Shell Oil Light M J & M & M Consolidated — —,«r <Un)„ III # Monolith Portland Cement com (Un) Montana Power Co 15c I 16c 4% 4% 23 __ * Signal Oil & Gas Co class A. May 26c May 33 Mar 23 23 National City • (Un) 32 % 15c Feb 44 4 Mar 314 w rH Jl Mar ... 19c Sinclair 23 Oil 58% 842 53% Apr 58% 26% 1,100 24 Jan 28 21% 21% 1.057 17% Jan Soundview 21% May 22% May ' -5 (Un) _ _ 1 22% 21% 22% 1.535 16% Jan —1 _ 9% 9 9% 280 8% Jan _ Lines Distillers National Linen Products (Un)— Service Corp _ Y Mohawk — American Co North American American Oceanic Oil —1 9% Ry • 100 ■ ' — — 15 21 —. Pacific Coast Pacific Finance •; 6% 1_ Corp 1st (Un) 25 1st preferred Convertible preferred 4.88%—Z 25 red 4.80% 1st preferred red 1st series Lighting Corp 54.40 ■- • preferred Public Service Pacific Tel & 100 Preferred Paraffine Companies Pepsi-Cola Co Jan 21% Spiegel Inc Feb 10% 30 10% 32 Jan Jan 31 % 13% Jan 50 11% Feb 12% Jan 1,057 3% Apr 5% Feb 5 22% 685 34% 34% 8,284 37% 734 21 Jan 35 34% Jan 587 31% Jan 31 % 160 29% Jan 301 28 Jan 29% 29% 902 28 Jan 34 28% 28% 425 28% May 53% 53% 849 52% 55% 15% 125 Feb 104% May 3,150 15% 828 14% Mar 16 161 23% May 25% 110% 111% 271 17 3% 3% 385 Mar 101 Feb a__ 3% Common U S Vica Jan Feb Wells Jan 16% al6% 354 West 10% 200 16% May 8% Jan 18% Mar 10% 11% Mar Western 50% 50% 230 45% Mar 9% 9% 40 a66% a67% 50% May 11% Apr 188 18 320 9% May 58 Feb 14% Feb 21% . 69% May Jan 14% Jan 30% May 19 May 19% Range 24% May 13 % May 27% Mar 105 25% Jan 31% May 16% 16% 16% 618 a4 - a4 17% May 4% Mar 18% 18% 18% 67 (Un) 18% Algoma al7%«al7% Power ft Paper class A Telephone Preferred 26% Jan 200 2.70 Feb a35c a35c 5 6% 6 % FOR LISTED WEEK ENDED (P 805 (Un 1 & U a T_. common .100 13% Elec 4%% Foundries 75 13% Jan 17% 1,745 Apr Class 52% Feb 26% 26% 67 26% May 26 Jan 27 Mar Canadian 50 __ a46% a46% 20 • 7% 7% 8% 1,180 29% 29 29% 1,545 • 29% Steamship 41 £9 40 29% 41 3.120 3,381 • 22% 22% 22% 4,787 • 25% 25% 26 895 27 26% 27 101% 101% 3.80 30 4.10 35% 3.80 29% 4.00 34% 3.90 30 4.10 35% 25 Jan W) 39% 5% 20 21% Feb 23 1,551 16 J/4 Feb 19% May • a48% 475 30% Jan 8.00 7 36 Apr May Apr common 7% Mar 37% Jan 38% Jan 29% 29% 1,145 29 Jan 29% Jan 23 21 % 23 1,475 19 Jan • 10 10 10% 250 alOO alOO •5 * Breweries • 20% 22% 22 % 20% 22% 398 5,256 Feb 7 Feb a47% a48% 238 48% Jan 50 % Apr 34 10% 100 14 Apr Jan Week's Jan Glass 21% Mar Dominion Steel 11 % 11% 1,165 11 Feb 12% Mar 14% 14% 925 14 Jan 15% May 38% 40 2,530 28% Jan 40% May 40 40 35 37% a23% a23% 30 22 a23% Dominion Tar 50 7 a46 a46 20 45 10% 10 10 27 16% 16% : & Coal Jan Dominion 7% preferred Donnacona Paper 2c 7c Jan Apr 9 Jan Jan 46 Jan 12% Apr Jan 8% Jan 12 Apr 31 May 18 Mar 16% 16% 103% 105 25% 25% 22% 24 45% 15% 7,753 Feb 20c Apr 16% Mar 19 Apr 800 15% 17% Apr 854 91% Mar 420 22% Jan 26 Apr 8,125 20% Feb 27 Apr - . I 2c May Jan 105% May 46 1.001 40% Jan 47% May 20% 1.295 20 Jan 21% Mar 14 585 13% Apr a7% a7% 29 7% Feb 19 % 19% 125 19 Apr 19 % May 31 31% 400 27 Feb 31% May 44% Mar 48 19 May 22% Jan Jan 20 20 13% . ... May 14 7% Apr B. -25 48 47% 48 425 19% 19% 19% 4.559 35 class Chemical common 35% 125 33 24 24 200 22% May 29 23 Apr Feb May 12 Jan * 23% • 23 pfd I 100 ■ 36% 102% * 19% 22% 23 175 21% Feb 11% 11% 2,555 11 Feb 176% 176% 11% II100 Ltd Mar 40 24% 8% 15,204 18% Ltd 4%% Jan May 22% Mar 302 17% • • preferred Textile common Bros 75 250 655 . 18 * Redeemable Donohue 4 8 26% High Low 8 14 common & Range Since January 1 14% 46 -25 Dominion Foundries & Steel Dominion Shares High 35 Jan 22% May 23% Jan Apr 35% May for Week 103% preferred 12% Jan 28% Sales Range of Prices 23% Dominion Coal 6% preferred Dominion Corset Co. Dominion Dairies common 23% 100 Mar Low 25% Dominion Stores 36% 29% 100 Jan 5% 2C -25 Glass 9.75 Mar May 10 2,296 20 ' Mining te Smelting.. Jan 4.15 May 31% 10% Railway 27% Jan 7% Mar 100 26% Distillers Seagrams Dominion Bridge 2% Feb 130 ,16% Pacific Jan 3,025 1.25 Mar 38% : Rights Canadian 5% Jan 11V8 Cockshutt Plow Apr May Jan 90c 908 16% 27% 30 275% 6 6 Last Oil 23% Jan 115 a29% a30% 34"% .35% _. 1 is 19% 10 Jan 27% 150 18% 6 - a21% a21% 12% Locomotive Jan 1.010 Feb 988 B Consolidated 101% May 4 Apr Jan 6% 19% Canadian Ind Alcohol class 19 Jan 16 300 6 a21 % 25 25% Jan 12% Mar 6 —25 Consumers Mar 886 2,959 26 Feb 2% 7 13%. 13% 288 1 (Un) 29% May 41 % Apr 26 a8.00 Jan 8% Mar 29% May 100 7 46% Jan Jan 20 a8.00 8 Jan 220 • 37 7 24% 1,725 5 • 45 % Mar Apr Jan 7% 94c 50c -20 Canadian 510 40c 6% Mar 288 Apr 20 common Northern Power Corp Safeway Ltd 4%% pfd Canadian 25% 3,745 25 Apr 93c Canadian Converters A preferred- .__20 Canadian Cottons common 8% • Dredging Dry Dock Co Ltd class A Canada Cement common $1.30 preferred Canada 23% May 8% Jan 33% May 24% May 16Y» • Gold Canada 8% pfd__100 Building Products Canada 30 Feb 3.75 288 I Si.75 preferred $1.00 series 65% 25 B Iron a25 a25% Apr Jan 93c (Un>_ Canadian Celanese common- 16% Columbia Canada Jan High 63% Columbia Forest Products • Columbia Power Corp cl A—• Burrard 22% 40c 23% MARKETS MAY 16 % British Bulolo 11,445 19% Mar 33% May 100 1.827 a35c Feb 20% 17% 33% a 14% 17% May 20% Feb 33 1 (Un) Woolworth 63% British Class 24% ' al7% 3% Sugar common Dept Stores • 25 Brazilian Traction Light & Power British American Oil common British 24% • Asbestos Corp Bell Jan 100 3% Indies • Steel Aluminium Ltd Aluminum Co of Canada 4* pfd Anglo Canadian Tel Co 4%* pfd Argus Corp Ltd common Bathurst a25% * 21 % Feb 25 Union Telegraph (Un) Westlnghouse Elec Corp (Un) Willys-Overland Motors (Un) Apr Range Since January 1 12.697 Jan 17% 3% Class A Low Jan 3% 202 —5 Western May for Week Shares 13% 20 - 1 Canadian Car & Foundry common. High Apr 220 Friday 33% 20% 50% Mav 13% Sale Price Low 1.398 "Jan • : STOCKS— 32% 42% Mar 18 31% (Un)_l Apr Sales of Prices 237 1,082 13% - 1 10 Co 19% 50% 27%- 27% __ __ 10 (Un) common Bank Exchange Week'a 19% 50% 31% ... Petroleum Preferred 55 17% Jan 23 9,390 28 Inc Sugar Fargo al9% al9% • 59% 7,151 18% • common Delaware Corp Westates P100 340 30% 18 (Un)__ Warner Bros Pictures 10% 21 25 69% 29 5 (Un) Company common (Un) Equipment Co common.. Jan a Carbon Victor Feb 10% of Utah-Idaho 69% 18 World ... (Un) Steel 69% --12% Corp Apr May May 76 35 29% Air— United Par Theaters ctfs of int 9% Feb Trans Calif Lines Gas 15% 18% to of 47% . — 4% Apr Western _—- & Co United Corp United 111% May 147% May „ Oil 473 • 11% May 23% Mar 69% May 10 Sugar 3,692 . Jan , May 2 & Inc Carbide 9% Last a 42% 158 29 % 28 com Corp changed United Air 17% May Jan 144 a (Un) Associated Oil United Aircraft Corp Feb 14 Company Water Union Jan 24% 8ale Price class Jan Jan a48 a48% May 11% Mav Jan Jan 17 % Shoe 57 - Jan 61 66% £48% Par Acadia-Atlantic Sugar 9% 21% 2,605 26% Union 104% May 17% 14% Friday Agnew-Surpass 85 69% 1,092 Union Apr 24% 24% Jan 227 a23 a23% 68% May 19% May 13% Mar Jan 371 Airlines May 53% 40 20 10% all% 50% 76 9% preferred 26% 34% Corp (Un).. Canadian Fonda $1.50 11% May 120 76 Named 29% May 28% 32% 200 a of Transcontinental 31% May 29 % 104% 104% Co Transamerica 37% May 33% 147% 147% • 465 36 Jan 34 Texas 29% May 28% May Par 57 11% Apr May 1 16% common 11% 25 Tide Jan 29% Montreal Stock Paper 19 420 25 22% May 31% Mar RANGE Power & 959 12% common Oil Studebaker Jan 10% May 257 CANADIAN Abitlbi 19% 36% Mar Standard Oil Co of N J (Un) 34% May 35% May 30 100 Jan 27 230 May Jan Standard Oil Co (Indiana) a47% a47% stocks 35% 19 57 Apr 304 36 % Mar 28 Apr 29% * 33% 20 11% 3.00 • Phelps Dodge Corp (Un) Philippine Long Distance Tel Phillips Petroleum Co Puget Sound Pulp A Timber (Un) 102 36 a28% a28% Jan 3,600 31 % al6% Mar 36 1 1.40 2.40 34% 33% 50 May 29 20 36 1 22 % 29% 33%c 28% May — common Jan (Un)__1 (Un) Co... 18% 37 % 1 33 *. 16% May Jan Pacific Spalding Inc (A G) Sperry Corp 75 • Paramount Pictures Corp (Un) Pennsylvania RR Co (Un) Jan . Jan 12% a21% a21% 10 common 30% Mar 31% 33 34% 36 69 % 21% 110% Jan 200 4 a23% 100 Pacific Western Oil Corp Packard Motor Co com (Un) Pan American World Airways Apr 29% 5 i- (Un)— 15% common 26% 267 19% Petroleum Calif— • Tel Southern Apr 2 California Co Standard Brands Inc 34 % * 417 36 Standard 2.00 Mav May 1.143 36 25 19% May 17% common Southern 23% Mar 25 — 53% Mar 4% (Un)__10 preferred 15 pfd ser A Southern Jan Apr Calif Gas preferred Jan al2% al2% * com 6% 9% May 11% 18% f common Pacific Portland Cement Pacific 1st 25 25 ,4 Pacific A preferred 19 34 28 a28% a28% 25 Jan 25 red preferred 28% May 36 32 %: 16 25 5% Feb 28 25 40 25 preferred 16 29% Mar 35%. 20 10 common 1,300 2,305 . a29% a30% a30% 1,210 30 5% 5% May 44% May 51% May Feb 19 34 28 28 —-25 19 a com Electric 22 18% (Un)—• com preferred 52% a35% a36% common__5 Edison Co cumulative 19 10% Fisheries Jan - 32% 18% ..8 Convertible preferred 4.48% Preferred 4.56% Jan 10% 151 27% . .18 (Un). Co 49% ■ 50 (Un) 1st preferred 5%% 21 24% 22% 399 34% Aggregates & 15 — 2.35 American 45 Feb 11% Jan 800 100 ... 21% May 442 _10 (Un) common Pacific Gas Apr 23% common B Pacific Jan 9% 14% United Filters class A_. Class 7% 145 23% <Un). -10 common... Cons Co Edison Oliver (Un): common Oil Pacific Ohio Oil Co 280 10 14% 23% • Invest Ohio 9% 515 — — Power Aviation North Northern 9 10 9% • (Un) North American North 22% • Central RR Niagara 22% 1 - Natomas Co N • ~ (Un)_— Pulp Calif 4.32% Feb Mar Southern National • Feb Mar 26 — Corp Secony-Vacuum Oil Jan 4% May 58 .10 — __ * 51% .—5 42% Mar Southern Montgomery Ward & Co Morrison-Knudsen Co 15 * Power Ac Nash-Kelvinator Corp National Auto Fibres a44% h Co Co 17 172 Apr 176% May 93% Jan 102% May 102 102% 250 . Apr For footnotes see page 43. v 19 % 19% 100 15 Jan 20 21 Dryden Paper 21 33 15 Jan 23% Feb _. Number 4911 171 Volume The Commercial and Financial Chronicle . . . CANADIAN LISTED RANGE FOR WEEK •. STOCKS— . i' Friday Lasts Sale Prjtae ,• Par . MAY Low Montreal Curb Market High Canadian Funds I 17% 18 380 15% Jan 18 18 V. 18% **-155 13'% Jan 18% May 20% 15 17 Jan 2.630 14% Apr 20 % May 16 Jan 29 Jan 33 24% Jan 98 Jan 20% 20% ' 14%-j.\> 14%. — •. 30% 30% 30% alOO alOO * • • • 100 r 60 " 30% 31% alOO , ' 220 3,247 10 May Friday STOCKS Acme 31% May 100 • common 18% __ 466 19 • Glove 17% Jan 200 2% Jan 17% Jan 52% Jan 53 Apr 17% Feb 21 Auto 19% Mar May -10 2,995 19% Apr 3 Works Anglo-Nfld May 960 i Ltd———— — — —— 2.75 2.75 General Steel Wares common———•-18% 18 18% Goodyear Tire 4% pfd inc 1927—-50 a52Vaa52% Gypsum Lime & Alabastlne • 20% ; 19% 21 General- Bakeries & * 13% • 50 49 50 Ltd • Imperial 'Tobacco of Canada common.® 4% preferred 25 26% 13% Bridge Smith Paper common Howard preferred Bay Mining & Smelting——• $2.00 Hudson 13 45% 49 % 45% Jan 14% 49 50 46 1,095 34% Jan 49 90 48% Feb 50 Jan 1,610 41% Mar 48 Feb 26% 14 26% 7% 5,147 21% Mar 28% Ltd cl Ltd A pfd—_* class Oo Hosiery 87/« Co B Ltd cl A 12 Class B ——£1 preferred 6% 13% 26 7% __ — Apr Brown Company •' i • 37%f. —$'■ 38; ; * v" #- - __V ;___100 * 6% preferred — 25 International Nickel of Canada...—• 7% preferred —♦ 100 Intercolonial Coal common. International Bronze common Preferred Burnett 100 International Petroleum Co Ltd International Power International Utilities Corp Ltd • 14% Jan Canada & Dominion Sugar 26% Jan Canada^ Malting Co Ltd • Jan Jan Canada1 2,265 29% Jan 140 99% Jan 101 5 29% Jan 37 May 635 32% Feb 38 Apr 200 25 May 26 .. ;.'r Ltd Co 38% Apr Feb 4%% red preferred Canadian General Investments < Canadian 110 4.25 Feb 1 75 5,174 15 Va 143% Feb 149% May 1,835 37% Jan 8% Jan 50% May 11% May Jan 19% 310 24 155 155 65 .152 May 17 275 15 May Laura Secord --3 --—*— Legare 6% preferred Lewis Ltd Bros 2,054 326 46 940 19% Feb 23% 25 r 19 20 Jan Mar Mar 28% , —* —— Steel class MacMillan Export Class B A : Mailman Corp Ltd 5% preferred Massey-Harris — • ; • — Breweries Molson -Class •"; — Ltd class A • B Montreal 9 Apr 8 150 8 Feb 11% 1,985 10 1,900 17 175 16 Montreal Telegraph Montreal Tramways——.: ..100 7% Breweries 94 Jan National Drug &• Chemical common__5 Niagara Wire Noranda Ogilvle 7% Flour Ltd Mills preferred Ontario Steel Power Price Bros ! preferred Consolidated «" Crain & Co Ltd Quebec David & Lawrence 1st preferred 2nd Jan St St Lawrence Jan 94 Jan 27 V4 May Falrchild 3,706 13% Feb 16% Jan Fleet Manufacturing 25 26% 170 21 Jan 28 27% Eastern Steel Motor Co 645 25% Mar Feb Great Lakes a27 110 25% Mar 29 •, Feb Halifax 19% 3,295 18 22% Apr Hayes 21 Jan 37% ; 29 May 50% 20 r Jan 51 Mar 77 v Apr %'i 30 31% 5,437 30 May 37 42 515 40 Apr 43 Series A 4% Ltd Series B Sheraton Sherwin Ltd class Williams of 12 Jan May 2JVa Mar 22% 22% 22% 220 22 Jan 24% Apr Massey-Harris 70%s 69% 70% 2,096 66% Jan 71: Feb Maxwell 21 21 % 831 19% Mar 167 167 167 24 49 48 49 165 21% t • Maritime 22 Mersey Jan May 175 Feb 38%, Jan 49 May 165 46 46 295 46% 45 .Feb 57 Jan Sicks Breweries Common v Jan Jan 15% ...• 83% 83 84 % 100% 101 •, 63 % 20 Jan 15% 14% 15% 4,140 12 18 19 830 16 101 Jan 20 ._ 20 20 150 20 6 23 May Jan 9 9 9 75 12% 14% 20% 7,275 8.80 Feb 15% 480 12 % Jan • 14% class Class B 4%% 510 30 Jan 58 220 50 Jan 61 42 42 705 39 Jan 43 9% 9% 1,185 20 219 4.15 4.40 350 1.85 1.85 400 1.40 1.10 May • 9% 20 • 4.15 8 & 1.15 1.15 1.20 44 890 27 Jan 2,275 14 Jan A—• class 40% 37 40% 14 Mar al6 10 99% 58 1,095 1 98% 57% • 25%r 24% 25% 2,610 —50 47%[ 47 47% 340 47 ——50 52%; 52% 53 275 51% Mar ; • 21 %■ 50 % Southern Canada Power Standard Chemical common 22 21% al7 al7Va Preferred Thrift Stores Ltd United Steel Corp _ _ __ , 8% 8% 5% 117 9!4 — ' Zellers Limited 6% preferred new common Jan 58 pfd 30 Nova Scotia Royal : 6% 6% 6% '48% pfd——10 10% 10% 25 6% 70 70 70 5 Jan 15% 9% Mar Toronto 24 Jan 22% Jan 22 Apr 18 Apr 19 Apr Jan I5 28% 20%; ? 22% 9% 29% — 28 ~ 26% 26% 100 26 Va 11 11% 125 10 28 28 25 28 May 8 8 125 7 May 17% Jan 21 Va May 75 Feb 79 Va May Jan 27 ^ Feb 11% May May 28 May 12 5% * 5% Apr 113 108% Mar pfd.100 113 113 10 * ♦ 11% 11% 40 20% 20% 50 19% 19 % 660 11 11 50 11 May 15 113 * 100 pfd Ltd all6 a 116 all6 V2 53%c 54 Vac 54c 8,496 17 17 Ltd—• Materials 7% Jan • Power 6% & 150 5% 55 Feb May Jan 12 Va Apr 13 Feb 23 Apr 18 Jan 19% Feb 9% 12% Mar Mar Jan 116 41c Feb 54 %c May 13% Jan 17% 20c Jan 40c 14% Jan Apr 19% Mar Jan 59 Apr 17% Jan 19 Feb Apr 30c 25c 30c 2,400 Ltd * • 17% 17% 17% 300 59 59 25 Canada Breweries 5 15 14% 15 Va 462 • al7 al7 al8 18 • -1 1 2.62 2.60 2.79 368,100 43c 1.32 1.26 1.34 258,800 50c Mar 12c 12c 2,500 13c May 15Vac Apr 34c 34c 500 13C Jan 63c Mar May Canada of Ltd (Can) Products Ltd Ltd Hotel Mar Base ! Ltd (1937) 1 Gold Mines Ltd Gold Band-Ore ♦ Corp Mines Aumaque Feb 19 546 23 Jan Red Lake Lake -1 • Ltd—1 Ltd Mines Metals Mining Beatrice Corp Ltd Gold Mines 50 14% Mar Jan 14 .. 2.79 Jan May 1.35 May 8,000 4C Jan 7c 68,000 30c Mar 45c May 15,500 3c Feb 7c May 5 Vac Jan 7c Jan 6c 6c 7c 31c 45c 7C 4 V2C 7c 5 Vac -- Mines Ltd Gold 1 5%c 1,000 4c Ltd— 1 22c 7 %c 25c 46,000 2c Jan 25c May 4VaC 4V2C 4 Vac 1,000 4c Feb 5c Apr Jan 5 90 Mar 1,015 20% Mar 14 2,010 6% 28% Gold Centremaque Apr Century Mining Corp Cheskirk Mines Ltd 19% May 8% May Jan 36 Va 195 46% Jan 24 3,115 15% Feb Feb 100% 17 28 100% Jan 19 Mar Dome 1,397 33% 99% 42% Jan 15 Jan 20% 26 29% Ltd Co Ltd Mining Dulama Gold Apr ■, Sullivan Feb 41 41 23 1.250 a39% a39% 5 29% May 39 65 27% • Jan 41% 27 Va Jan 28% May 39 Mar 40 Apr Apr 7V4c 7V»c 1,000 3c Feb 10c May 5c — 6V2C 1,500 5c Mar 7c May 4c Feb 10c May 10,000 5c Mar 8c Jan 19c 1,500 18c Jan 25c Jan 17% 17% 17% 512 17 Mar 20% Jan - 69c 3,000 53c Feb 69c May —• 45c 41C 55c 891,200 16c Jan 55c May 8V2C 8 %c 8V2C 500 6c Jan 9c Jan 6.90 6.90 8.00 13,900 1 1 (1945) Mines - 65c 65c . Mines Gold 4C 1 10c * Ltd Apr Jan Goldora Mines Heva Mines Gold Hollinger Ltd Cons Hudson-Rand Ltd Gold Gold 4c 4 VaC 28c Feb Feb 8.00 May 47c Jan 19 %c May 22c May 2,500 6c Feb 10c Jan 8,500 2%C Jan 5c Jan 9c 10%c 58,500 3Vac Feb 20c 12c 13c 1,500 12c Feb 13c May May 9.15 May 1 8.50 8.50 8.50 500 6.20 5c 4%c 5c 6,000 3%c Apr 7C 7c 1,000 5c Feb 8c Apr 9c 9c 5,294 7c Feb 9c May 10% 10% 1 Ltd Mines 5,000 8V2C 33c 4.45 1 Giant Yellowknife Gold Mines Goldbeam — 130,300 22c 8c .1 47c 19 %c 33c 1 Ltd— 20% May 26 V4 May • 15c 6V2C Eldona Gold Mines Ltd Fontana Jan 4c Feb 6c El Jan Jan Jan 5%c 19c —1 Apr Jan 2Vac 4,000 19c Ltd Mines 29% 24 V2 5,500 • 1 17 20 4c 4c Jan Apr 27 ' 12 Vic 12V4C 58,500 Formaque Gold Mines Ltd 460 4c 10c Ltd— Mines Feb 245 Jan • • 1 13 545 11c 7 VaC _ 27% 345 14c Feb 9%c Pen-Rey Mines Ltd El Sol Gold Mines Ltd.. 101 May 7c Mines.l Duvay Gold Mines Ltd Jan 5c 35,500 1 Ltd Donalda Mines Apr May 22,500 8c 1 Ltd Mines 7c 7 %c 1 1 Cadillac Cortez Explorations Feb 6C 7%c 1 Central Consolidated Cournor 14 Gold Mines Ltd Ltd Apr 22% May 24% May Feb Mines Ltd 6c 1 Candego Mines Ltd Cartier-Malartic Gold Apr 1 Ltd Mines 10 Vt, Feb 20 Bonville Gold Mines 95 8% Jan 610 1,741 2,050 - 20% 25 V2 28% 55 May 1.05 Jan Jan 85c 2,985 Boucadillac Gold Mines Ltd——1 38% a98V2 a98% 28% 70 2,400 Bouzan * 36% ' Jan 1.00 Jan 5 37% 50 Apr 325 17 Jan 11% Mar 79% 11% May 7 Feb 21 % preferred—. May; 30 "Mar t 6 Va Mar 1.00 22 % 130 15% 46 -- Apr *70c < 10% 21 Va 100% ..... 4,905 : 27 78% Apr •, 8% 15 Apr 42% Jan 55c.. 79% 20% Jan ;■ 19 24 .35% 2IV2 98 % a94'/2 a94V2 22% 22% • . • Paper Co Investment Co Metals Athona Apr 19 Va 50 ——10 16% B 10 — Ltd Anacon Lead Mines Ascot Apr Jan 20 , 29% 30 57 22 17 10 Feb Mining Stocks— 53% May 22 . 500 10% 24 alOO 10 :Jan 15 1,410 * Jan " alOO 17 in 11,917 10 20 Apr 7% 10 I Jan 9% Ltd 26% 8% -10 —— 625 '70c 8% 13% May • Windsor May Banks-* Montreal 42 65c • Co * Ltd Paving Francoeur Canadienne Commerce 42 70c 36 Va Mar :. Jan 8% 100 12% Mar Jan 11 175 16 30% 27% __25 :___ 9% 15% May 27% —• 8% 15% Mar 24% 19% __~.100 ; 9% • 24 45%^ • common preferred 7% 60 13 % Ltd Co Gas Western East Winnipeg Electric Jan 27 27%;'' * May 28 25 • .100 •_ 10 10 50 • ; 75 13% Ltd Co redeemable Westeel Jan Feb 50 25 19% ; 21% May 5,780 10 a30 * conv Transvision-Television Jan 275 , . 15 44% ♦ : 22 * —I'-' • Wabasso Cotton s... Walker Gooderham & Worts Weston (George) common 22 9% 5* • 24 22% 22%; * Jan 14 % May 21% 10 common..* class A 1.75 40% May a30 21% Jan '1.75 Jan • Jan 24% • • 30% a98% a98l/2 22 - 100 : 30% ,' __ • 5% preferred a—_____ Steel Co of Canada common .4%% preferred Wilsils Ltd. 30% — • 21 6.00 4.00 May Jan Jan May .' •>' 1 Ontario & Standard 99% May 25% 85 _* 21 Jan "23% Feb , 125 23 21% ' — 15% 21% %f 22 84% 905 15% 22% 15% • . May 20 Jan 10 com Ltd Paper Distillers Paper Union al6 98% ' 58, * - ' 10,824 — Southmount 17% May 100 Mar . 10 Va 9% May 16 % 800 Ltd 6V*% Southern Canada Apr 17% • ... 19%" • Ltd Sangamo May 44 — preferred Feb 34 33 57 Jan 17% Southam Press Co 33 33 Corp of Can 6% cum 1st Quebec Telephone Corp A Reitmans (Can) Ltd common May 44 . Apr • Power Mar 17% A 8 7% 100 50 Orange Crush Ltd Bob's Simpsons Apr Jan 8 Apr ' 21% May 44% May 20 20,-i _• 15 8 25Co Ltd • National Grocers Co Ltd preferred__20 Nuclear Enterprises Ltd * 15% May Mar 18 25 common Jan — Mount Royal Metal Apr 84% May Jan 99 2,728 100% c 11 __ 21% 42 Va common t Simon (H) & Sons 26% May al6 Mar Co Ltd.* A Inc Corporation 4% 15% May 56% May 811 ' 28 Va Jan 225 Ltd Mica of Canada Ltd Jan Apr 14 Va 1,530 20 May Jan 17% 14 — Minnesota 47% Jan 51 21 com 16 24 V2 13% Teleg and Tel Co Rights Melchers 56% A May Jan __ common—* (Walter M)— Power MacLaren 9 Jan • Canada 90c 15 1 Company (Alfred) Jan 56 prefererd Jan 45c 310 22,684 Canada of Lowney Co Ltd 8% 19% preferred 4%% 4.75 4.15 Mar 6 • (Frank W) 19% 20% com Mar 150 ! Investment Foundation Feb 8% • Power Apr 3 4.75 Ltd Products 10% ■* ;___100 & 48 May Feb 1 Shawinigan Water Jan Jan 2% 15 a70c 27 Paper Co Ltd 40 99 Jan 4.75 al6 Ltd Insurance Steel Horner Jan 42 8V2 56% common Apr 5.00 May Jan a70c . 18 • Mills Apr May — 267/e Worsteds Products Aircraft a27 a66 2.75 Feb 3% 1,585 , Apr 49 Flour 48 2.60 25% Mills & - • Lawrence Paper 1st preferred. 2nd preferred 48 2.25 26% Paper Co Ltd 21% a66 1.50 25 * 180 225 — 2.50 26% Woollens Dominion Donnacona 500 preferred Apr 2% Jan 150 • 5.50 26% Engineering Works Ltd 17 54 common Jan • Oilcloth tc Linoleum 10% May • Corp Apr 1,400 Co____* Russell Industries Ltd St 70 Va 4.25 Ltd Limitee class Frere 11% May 15% Regent Knitting $1.60 preferred Rolland Paper common Royalite Oil Ltd 26% May Feb Mfg Corp Dominion Jan 53 Power Feb 69 , — class A—*. L) (R Apr 15% common 2IV2 25 __ • Ltd Jan 54 preferred Provincial Transport 1,746 70 2.50 2.60 5 Stand Sec Div Preferred 9Va 15% 4% 26 % Jan May 39 7% ....—.4 Corp of Canada 19% May Apr 5 Va 72 May 25 415 , Jan 4.00 _. * 12 ____• 17% 70 4.00 • Alcohols Ltd common 22% • . Placer Development Ltd^ Powell River Co— 450 25 % 26 Catelli Food Products Ltd com__^ Moore Page-Hersey Tubes Penmans, Ltd common 19 % — Commercial ; 11% \ 19 72 12 22% * ... 20 305 2,836 .. 100 Products a72 9,035 27% 8Va • common a72 15 • Weaving... Mine* 27 4.60 Mar 4.95 • Corp Jan 1 4.75 22% 5 —£ Steel Car 24% 50 14% • Preferred National 100 5 15 Jan 9 42; 31 25 25 4.95 94 a66 • common—— preferred— 15% May 25 1 Lambert National Jan 2 27% ; ___40 Jan 10 __ * common 14Va 19V2 • 49 75 — 850 Cassidy's Limited Textile 8 27. a • : 55 15 16 a50% a50% • Locomotive 51 15 115 26% 26% ( 27% '• 22% May 51% Jan 21 % 51 Feb Ford (Robt) Mitchell 21 Va May 21 V» Jan Consolidated 400 94 2.90 May 14 % Mar 12 137/8 13% Jan Jan 1.50 10 75 88 Lithograph 17 __ McColl-Prontenac Oil 2.950 184 22% May 11% Jan - 2.80 11% 210 Paper May 11 2.25 Apr 114% May 16 Consolidated 15% May 17 Jan 115 Consolidated 20 9% 92% 113 t 15 9%' • 746 15% ^ 800 v. 11% —• — Feb May 5 • Ltd Jan ' 20 10 Va common.—17 100 • 27 114 — * common Apr 19% 15% J 108% 6 115 Vlckers Dominion 8* V * com Jan 15% Jan 157 20 - Jan 3% • 1 10% 20 6 __ 100 Ingersol Rand Co Ltd Canadian Apr 275 ' 15% — L_—.25 —J. Structural MacKinnon ' 25 32,945 8% Canadian Western Lumber Co— 33% May Jan 16% 155 t 11% •. 56% May 18 Apr 29% Mar ,•"* 19 24% ,v. Jan 2.00 Apr 6 15 Canadian Marconi Company 1 Canadian Pwr & Paper Inv Ltd com..* 5% preferred • 6.00 Mar 140 ; Industries Canadian 50% 11% 56% 23 % ^ •/., preferred ——————.-.100 Sons Ltd'(John A)..!—.—sf 1.75 7% 21 % 5 common ♦ Canadian Food Products Ltd common.* ' . 19% & Jan May 9 Va Mar Jan 7% Starch : 7% 11 113/4 • Jan 7% 8% Lang 825 5% 2.75 13% Mar 50 11% ;■■ '! 11 56 % 54% 23 % > 22 % (John) Ltd • Lake of the Woods common....——* 1,700 11% 7% 1 257/8 ' 50%! Labatt 2.00 11 __ 100 26 26 5.00% 5.00 5.00 17 18 33 ' 32% 33% __ 149 V4 149% /7% • • 5 common 1.95 8 7% May __ 165 1,270 i Paper International 7% May , . 5% 1 common Canadian Dredge & Dock Co Ltd Corp common • 5.00 preferred .—i.100 $1.25 preferred ,. 25 $1.60 preferred— 32 Indust Acceptance 230 11 % * Butterfly Hosiery Co Ltd Oil Imperial 7% 7%' __ • Feb 9% Mar Jan 3,125 • . 73/4 • Packers 7 6% 75 8 ' , * May 7 7 7 7% 8 of common... 20 Jan 970 87/a" .. • Mar Feb 7% 16,135 9 13 14% 20 Jan 10 18% 19 % High Low 9 Apr 37%. 38% 100 101 a37 a37 37% 38 5 Bickle-Seagraves Ltd May 26 461 13% Co Paper & British Columba Hamilton Ltd Range Since January 1 High 9 • Prod Pr Glove Canada Co Low • Ltd Fabrics Belgium Ltd. Develop Steels Bathurst Feb 138 Range of Prices Par Apr Sales f»r Week Shares Week's Last Sale Price , Atlas Power \ Range Since January 1 High " Gatineau 26- Sales Shares /, ' -1 17% 1 Electrolux Corp : Enamel & Heating Products Famous Players Canadian Corp Foundation Co of Canada Frasei Co common 4%% preferred Low MARKETS ENDED for Week of Prices j preferred—20 Co class A Paper Fddv Week's Range • ■ m 39 (2231) ,1 Mines Mines Ltd Ltd ..'5 1 •»** 10% 16c 16c - = 4,200 500 Jan 6c Mar 10 Feb 11% May 10c Feb 16V4c May \ Commercial and Financial Chronicle The FOR RANGE Range for Week of Prices Shares Sale JPriee Par Indian Lake Gold Mines Ltd Jaculet Mines Kayrand Fortune Lake Rowan Gold Mines Mines Ltd Gold Louvlcourt Mines MacLeod Cockshutt Malartic Gold May 26c May 1 Mines • • * 7 Vic May 21c 12,700 12 Vic Feb 30c 67c Alger Mines Ltd Calumet Mines Ltd 1 New Goldvue 1 3.25 55 1 ♦ 4.00 Apr 3.65 Jan 600 12 Jan 13 Vi 70c 250 65c Jan 85c 13c 16Vic 16 Vic May ll%c May 6.000 Feb Mar 1.70 May 1.50 1.65 2,300 95c Mar 44c 46c 33,350 32c Jan 50c May 6,200 52c Apr 70c Apr 2.50 Mar 3.25 May 1.80 Mar 2.32 Apr 67c69Vic ' Normetal Mining Corp O'Brien Gold Mines Ltd • Ltd 3.20 2.00 3.25 1,400 1.90 __ 1 . 2.00 1 3,900 1 Ltd Quemont Mining Corp Ltd Ltd 3.05 4.00 Jan Feb 7c 3,500 4c Feb 8c May 49c 1,000 49c May 49c Bank of Toronto Barnat Co Bathurst Class 28% 29% 552 27 % 40% 41'A 135 38% Jan 880 38% 39% 39% 40 1.67 1.58 1.83 65c 60c 65c 35c 31c 45c Mining. Power class • A_ 1 22c 28c 143,900 15 Vic Mar 28c May 75c 75c 500 9%c 13c 164,500 2 Vic 1.84 8,200 1.02 Feb __ • a21%a21% 75c 1.00 Jan 1.72 __ 9Vic 12 11% class Rochette Gold Mines Co . __ Ltd 19 May 19c Jan May 1.84 May - 25 23% Jan Feb Santiago Mines Ltd —_ Miller Mines Ltd Siscoe Gold Mines Ltd- Standard Gold (1944) Mines Rock Sullivan Iron Ltd Cons Mines 6 Vic May Jan 14c 7c 7c 8c 24,000 6%c Mar 14c Jan 35c 34Vic 38c 12,500 28c Apr 42c 2.30 6.600 1.92 __ l __ 1 91c 5.200 46c 57c Feb 92c May 31c Mar 56c May 1.00 92c 1.06 38.400 69c 53c 5,576 51c Mar 62c 12c 9Vic 12c 2,300 Jan 12c May 9%c 10c 23,500 9%e May 10c May 3.20 3.20 3.25 1,200 2.40 Mar 3.45 May 2.80 3.00 17,650 2.32 3.25 l 2.83 1 1.24 1.24 1.31 7c 7c '' 7Vic 1.02 8,000 Ltd _1 Vilbona Ltd —1—1 22c _i 3%c 1 26c 26c 28c 51,000 —1 54c 45Vic 57c 410.125 Ltd Wendell Mineral Products Western Ashley Minerals Ltd-. Westville Mines Ltd 63c Wright Hargreaves Mines Ltd—, 58c * 66c 5c a2.00 „ 4c 5%c a2.00 6c 6,000 Feb ,50c 14 Vic Feb 2c 71c Apr 2c 25,000 Feb 67,250 * 5c 57c 3 VaC Mar 50 Jan Apr 31 Vic May Mar 18,000 Jan 29 Vic May 24 Vic May 13c Apr 1.40 May Apr Mar 379,500 21c 29 Vic 3 Vic 5c V .^.l — 2.07 Mar 5%c 2.29 May Apr Jan OD Btocxs— Bldgood Anglo-Canadian Oil Co Biltmore Hats class A preferred Ribbon Corp common Calvan Continental Dalhousie Oil Oil - • Class — Home Oil Co Ltd 4.40 4.40 100 4.40 May 60c 3,000 60c May 60c May 43c 43c 500 34c Mar 43c May 4.30 4.30 :. Ltd— Feb 5.30 f Apr 8.80 Apr 5.10 4.50 340 2.25 Jan * 4.50 May 1.50 1.50 1.55 4 400 1 .Tarv 1.88 1.68 1.50 1.68 3.700 1.05 Mar 1.68 • 1.65 1.48 1.70 8,700 1.01 Feb 1.70 May 151^ 14% 15 y2 5,043 10% Feb 1.75 • • ' 16% May 1.75 100 1.65 Mar 2.21 Jan 31.500 3%c Mar 7%c Jan 5.75 300 4.20 Mar 6.15 43c • May 5Vic 39C 44C 86.050 28c 1 Ltd Feb 5c __ • Petroleum 29 5.65 5 Vic 1 __ 19 Vic 28c 5,500 79c 57c 79c 59,500 18c Pmr common • 20 • Preferred 52'A Acme Gas & Oil "• Pacific Algoma steel Aluminium — Co Amalgamated Larder Area Consolidated l Feb 16c 64c —1 23c 6'Ac 24c 605,900 2c Jan 24c May 23c May Bonville Gold Bordulac 1 18c 18c 7,000 16c 16c 17c 69,955 • 8.25 8.15 8.30 1,875 21 21 25 Boymar Brant ford Roofing Brazilian Traction Light & Pwr com.* 22% 22% 22% 1 li. VaC yc ■Uc • 26 25% 26% 28 26% 26'A 26% 89 % 90% 80 Preferred British Columbia 4%% Elec 4% pfd preferred 100 British Columbia Forest Columbia Packers Products class Class British Res Buffadison Buffalo Gold Buffalo Bunker Red Ashdown Athona 7% 295 6 1.210 30 29% 30'A 4.10 4.00 4.10 30c 38c 64c 70c Apr 48c 3,775 9%c 25,111 9 28,800 240 35c 4%c 9c Corp May 23c Mar 45 %c May 31% 30 26.. Feb 20 20% 17 Feb 31'A M17 20'A May —— 7 ,Apr 8 Jan Jan 16c Apr class A Flin Petroleums Bread « common Northern Canada Packers 15,500 7c Feb 2.60 Canada Permanent Mortgage 135,720 44c Jan 4.85 5.10 15,225 2.86 May 5.35 Apr 28%c 23 Vic 18.000 3%c Mar 48c 12,200 12c Jan 12,200 14c Mar 7% 7% 8 560 81 50 35c 39 %c 147.600 48.400 9c Jan (1937) 12c 1.26 12c 1.35 123,200 15% A_. — 18c 15% 60 11c 12 %c 1.90 1.75 1.92 7% 11% 32c Apr Feb 8%c May 48c Class B 8% Mar 73c Mar 22c Jan 81c May 39%c May 13% Mar Jan 18c May 1.37 May 16 May 18.200 7%c Feb 17%c Apr 10.350 1.28 Jan 2.05 Apr 8% Aumaque 9 23c 28c 11.000 10c Jan 30c May 8%c Yellowknife 12c 37.800 4%c Jan 13c Mar 595 7% Jan 9% Mar 30c 36c 41.000 Jan 66c 3.25 3.30 8.100 3.10 Feb 3.80 6% 6% 6% 40 5% Jan 7% common Class A 30c 3 30 Aunor Gold 7% 7% 45 7% May class A — Bagamac Mines Bankfleld Consolidated For footnotes see 24c — page • 7 7 20%C 24c 9%C 11%C 25 40,67611.000 12c 50 Bank Car class A 4,000 4.20 May 5.25 Apr 2,300 2.50 Mar 3.25 Jan 2.40 300 2.35 May 2% Jan 7 38% Jan Jan 30 Jan 5 Feb 12 % 100 52 35%' 35% 24% 220 ,, 40 39% - 11% Jan 13 May Jan 52 Jan 12'A Jan 225 10% May 33% May 37 25 505 19 Jan 25% May 226 55 197 Jan 40 155 ." 33% 226 41'A Jan Jan May Apr 88 35% 100 10 25% 25% 26 2,150 22% 22% 22% 3,405 21% Mar 26% May 23'A Jan • 18% 18% 19 % 1,560 17"% Apr 20% 18% 19 390 18% Apr 20% 14% 14% 385 14 Apr 15 33% 40 1,094 29 • Feb 40% May 39% 40 365 37 „ 25 25 5 5 r 10 • 39 25 Jan 25 ., 123/„ 10% 10% 10 100 26% 26% 180 94c 1.00 33,225 16 % -16 % Feb 40 Jan 27% 6 4.65 Mar 715 10 35'A Jan 24% 190 12 90 May * 25 ' 95c 90 Apr Jan J3n May Mar Apr Jan Feb 12% May 8% Jan 12'A 8'A Jan 12 Apr 22% Mar 30 May 11 " 10% common —25 Corp 10 8,438 37% 37% 102% 102% 37% 18,727 18% 60c 425 8c 102 18 18% 16% 3c 102 .100 Canadian Utilities preferred Wirebound class A Jan 30% " 26% Railway 80 • " 3c Tire 6% May 47 65 392 25 15% 3c Jan Apr 1.03 May . 18'A Jan 28c May Apr Apr Feb 104 May 16% Mar 19 Apr 275 31 Jan 38'A Mav 101% -100 102 % 50 101 Jan 103 Feb 28 27 28 220 25 Apr 28 May 1 1.15 1.15 1.22 I,400 Owstle-Trethewey —1 2.50 2 50 2.50 Central Canada .100 205 205 205 250 _» 1.35 1.30 1.39 10,900 75c 92c 35,875 75c May 17c 18c 18,500 15c Jan 21 %c Mar 9%c 12 %c 7,000 6c Jan 14%c Gold Loan— Leduc Central Patricia Gold Mines.. Central Porcupine Chemical 63c 17 %c Research 7% 50 7 8 8 40 7% 86c 94c 10,500 205 j - Jan Dunlop Jan 7c 8c 31,500 1.00 1.05 19,925 1.00 28c 23c 28c 23,300 11 %c Feb 28c 5%C 5c 6%c 331,000 2%c Jan 6%c May preferred 74c 70c 76c 53,400 2.15 2.02 2.15 9,200 24 % 24% 50 -25 8c 1.78 Apr 76c 36 %c Mar . 2.01 2.35 Feb 25 24% May 15% Mar -* 16% -1 18 %c —1 6c 6c 65c 65c 500 1.50 1.50 1.53 3,400 1.15 Feb 7% 7% 100 6% Jan 1.43 1.43 200 1.39 Feb 1.00 1.00 1.07 9.720 24 %c 23'Ac 30c 188,845 13c 16c 46,900 8% 8% 16% 16% 1,120 18 %c 18 %C 15c 1,000 6%c 3%c II,100 1 Mines Coniaurum Mines ' _ Consolidated Ansley Consolidated Astoria Consolidated Bakeries Seattle Mines 2 67c 66c Central Cadillac Consolidated Duquesne Consolidated Homestead 10c 7%c 10c —1 82c 82c 5%c I—1 May 7% Mar Consolidated Feb Howey.. 27%c Mar Consolidated Letoel Consolidated Oro Mining A • —5 Apr Mar 17% May 21c Feb Apr Apr 65c Mar Feb May May 1.55 May .. 8 Jan 1.50 Apr 1.15 Jan Jan 34c Apr 16c May 13c 8 Feb 9% Jan 104 51c Feb 74c May 8,000 4c Feb 10c May 90c 12,936 60c Jan 5%c 5%c 10,000 4c Mar 7c Apr 60c 64c 19,980 55c Feb 65c Apr 9%c 61c 1 SmeitingI 1.00 Jan May 7%c Mar 375 68c —1 51c May 6%c Mar __ Consolidated Feb 1.37 Feb Jan 1.00 -.1 Yellowknife Coniagas Apr 7% May 8% Jan 4%c Jan 1.08 May 72c Feb May 1.52 Feb 7%c • Commonwealth Petroleum Conduits National \ 2.60 Jan May .1 Lake 43. 1.00 .1 Cockshutt Plow Commoil 205 .1 Cochenour Wlllana Coin 2.20 4,790 Feb -1 Mines Citralam Malartic Coastal Oils Colomac 1.45 1.15 May 7% 8 -50C Chimo Gold Cochrane 11c ..10 —— Chesklrk Mines Chesterville 1 —1 -.1 Consolidated ll%c May Jan 29 25 10% * Apr 7% Mar 34 325 35 Industrial Alcohol vot. Mar May 669 6 88 Rights Canadian 37 35% Ceianeae common- preferred Canadian Pacific Feb 29% 51 20 5% f A 2,200 4.40 * common Canadian Malartic Canadian Oils Cos May 19 of Commerce 7 Jan 12c Apr May 2.65 10% _* ,L__ ; 18c 6c May 9c • i - May 23 Vic May Jan 50c 8c 8.90 9%C 226 100 Canada S S Lines preferred-. Canada Wire & Cable class A— 14Vic May 2.86 21c 62 35% A Chateau-Gai Wines 39c Mar 24 % class Class B Jan 19c 42c 52 Power May 19c 31,250 10 % „t 65c 43c 56c 12% Malting Canada 40c Jan Jan 30 29 Class A 2,600 Feb 5c 36% 29% common- 139,019 5%c 37 .20 Foils 60c Feb 4,000 155 6 Preferred 40c 9.60 7%c 7c 2.35 common 20 Vic 3.80 16'A May 6.80 Mar 14,500 4.20 4.25 -1 Mar 18c 16% May 4,920 130 - 2.57 Ltd. 27 Mar 32'A May 25 8.50 50C 54c Mar 16 % 7%c .1 32% 7.75 Oils 7 14c 16% 8.50 • Flon Campbell Red Lake Canada Apr 32% * 9 Calmont Oils Canada May 7 <■ preferred Jan 52c 657 6c 9c • „1 2nd preferred Calgary & Edmonton Callinan 3'Ac Mar 9%c Calder Bousquet Caldwell Linen 1st 26 15 %c Mar May 31% B 26% Apr 36 20% class A— Canadian 1.75 May Jan 31% Class Burrard Cariboo 11c 27c May 11'Ac May 4%c Mar 30% 17% Co Centremaque Gold Chatco Steel preferred 1.32 _ Electric 25% Apr 105% May Jan Burns & May 4%c 5c 8c Feb Jan 17% 156 480 6c Apr 14% Jan Jan 28,100 9'Ac 35% Jan 2.28 90 Mar May 32c 7'Ac 19'Ac 1.80 May 112,500 26,880 34'A 19'A Mar 20,500 May 4c 12c 13 %c 22c 25'Ac May 9c 6c 9 70c 4,250 70c Apr May May 15% 10c 7,300 1.90 4.20 38c 15% 55c 17.900 135 1.80 Jan Jan 16 Apr Apr 30'A May Jan 50c 260 73,700 Apr 9'A 15% Jan 11c 18 18c Jan 4.00 12 Jan 2% 21c Jan Burlington Steel Mar 8% Mar 1.68 7,080 17% 35 Lake Products Hill 27% 4,800 , 15'Ac 23'Ac 67 81 Hardware class Fabric Apr 100 Vi 2.75 283,500 — Feb „ Auto 23% 20 102 Jan 18 Jan Aubelle Mines Auto 245 Feb 7% 15'Ac 13% Atlas Steels Atlas Jan 35c Mines Atlantic Oil High 33% May 24% May 22% 99% Mar Canadian Locomotive Low Feb 11 Class B 21 % Jan Jan 91% Apr 495 Canadian Dredge ..25 Canadian Food Products commonClass A a Jan 27'A 87 6,600 • A Breweries Range Since January 1 27% 25% Mar 215 Jan 3.95 Ankerite Building 25% 11% —4. 52% 17%c Apr Mar 3.80 Brack Mills class A Canners • Gold Apr 12c 3c 11 '/a 67c Canadian I Armistice 101 % 101 % 35c 705 5%c 23% Jan 3.80 Oil 820 12c May .11% • class B Dominion 16% 2.63 Jan 21 * —* Columbia Power Canadian I Ascot Metals 101'A Jan 10 • A Class B British 65% 26% 34c 25c 19% 295 90% Red Mar Apr Apr 8.15 May 18 Feb 1,886 100 12c 37,oOO British American OH common 10'Ac Mar 4,325 Lake Brewis 16 Vi Preferred Arjon 16c * Canadian Feb 25 Va 10%c 10%c .1 common 52% 14% May 53'A May Jan Apr 5.10 • Porcupine 16 VA Mar Jan Jan 63 Vi pfd.,25 1 Mines Argus Corp 6.255 39c 45 %c __ Aquarius 24% 8c Nepheline Anglo Canadian Oil.. Anglo-Huronian Anglo Rouyn Mines. Apr 12% 12c 57c 4% 15 55 39c 16% Canada 150 14% 50 64% of American Yellowknife Anscm Lead Apex 8,787 1.57 45 Vic Mar 15% 14% 30 Central Cons 6c 15% —— 7,742 May High 42c 1.58 May 7,700 69c Shares 33% 8% 11c Ltd Aluminum American 1 26- of Prices 8 Vic 9VaC • Akaitcho Yellow Knife Jan 22.000 Apr 53c 14c May for Week 25 42c 4c 7'A Feb * 6c 58c May 105 105% 105 1 Agnew-Surpass Range ' 24 Vi 24% 25 Vi 100 Alberta 5c 6% May 24c 53% 28c Sales Low Acadia-Uranium Rights expire June 25 232,500 14c Canadian Week'a 32% 32% Apr 56c 44c Exchange Friday Power & Paper $1.50 preferred Acadia-Atlantic class A 17'A 14c Jan Csasllsi Funds Abltibi Jan 16% Mar 58c Preferred Sale Price 8.50 1 Canadian Last Apr May 100 100 53c 15% Convertible preferred Toronto Stock Jan 6.00 6.00 17% 1 10%c Feb 41c Jan 41'A 6% 50 Preferred Canadian STOCKS 7% 14 Feb Apr * 90c Omnitrans Exploration Ltd Petroleums Ltd Pan Western Oils Ltd 6% Feb 11% May 39% Bonetai Gold Canada Cement 43c * Pacific Picacadilly 6.95 Mar _• Jan Bobjo Mines Canada common A Superior Oils 3.85 1,450 j Petroleums Ltd Oils 3,500 60c • — Okalta 5.05 8.50 —: Ltd Gaspe Oil Ventures Ltd General 4.90 7.90 v , Co 5.05 8.50 Ltd Federated Petroleums Ltd 100 780 Apr May 29'A May 5,130 46c * * Blue Calvan Ltd Edmonton Corp Petroleums Ltd 24% ... * 5%C Ktrkland Gold. Calnorth Calgary & 2,250 6% ~ Buffalo Canadian 9%c 6c Apr 45c Jan 1 .1 Mines 1.06 May Jan 51c —1 Ltd Mines Apr 4.500 92c 45c Trebor Mines Ltd United Asbestos Corp Geld 2.62 Jan 1 Ltd Mar May 2.20 __ Torbrit Silver Mines Ltd Vinray Malartic Jan 2.20 ♦ Ltd Mines. Jan 7c " - Steeloy Mining Corp Ltd.^ Steep 3c 8,000 1 l — Ltd 20c 48c - Broulan Porcupine Silver Mines 2,000 9c 1 Mines Sherritt-Gordon Mines Ltd Sladen-Malartic Mines 6c 9c 9c 50c Shawkey Stadacona 6c • 1 — — Gold British Mines 185,575 6.00 1 May 1-88 70c 17% —— * 41 Jan Jan ' 41'A A Jan 1.16 54c 12 40% 29'A May 41'/a May 2,800 7% 41 1 Sons 105,920 • 29'A 7% * B Bevcourt f Crest Gold 28% — 25 — Quebec & Class 28% * B Bros Telephone High Feb 40% -10 Beatty Bell Low 29% Ltd Metals Range Since January l High Ltd— Mines Barymln Low May 23c Quebec Yellowknife Gold Mines Ltd__l Queenston Gold Mines Ltd l Red 2,000 May 49c 1 _ 3.60 7c Mar 4c 1,000 6Vic __ l Quebec 6c 3.50 1 Pitt Gold Mining Co Ltd Quebec Gold Mining Corp Labrador Devel Co Quebec Manitou Mines Ltd 6c _. Shares * • , -10 Scotia Bralorne Mines Pandora Cadallic Gold Mines Ltd Pato Cons Gold Dredging Ltd.—,. lor Weel Jan 66 Vi Feb 12% 69Vic Nova Belleterre Jan 3.00 61 70c __ Range of Prices _10 MontreaL of Bertram Apr 3.05 1,500 61 44c of Bank May 86c Jan 45c 500 3.25 1 Bank Mar 12% —• New • 24,800 61 70c Ltd Jan 3.25 - 1 Ltd 14 3%c 3.20 • Mining Corp of Canada Ltd Mines Apr 4,000 51c 3.25 5 Dredging Ltd 12% 7c 20c 55c ...1 Ltd Jan 100 6c 20c 1. Ltd Mines May 20c Jan 6c 1,500 May 13c Jan 4c al2al2Vi 1 Gold 20% Mar 17% Mar 76,500 19c 18c Par Base 13c 11c 6c* Nechl Mines 60c May 18% 1 Ltd Fields Mclntyre-Porcupine Norlartic Jan 21c 5%c 18% 1 Macdonald Mines Ltd New 21c 100 1 Ltd Goldfields Cons 60,267 158,500 21c 11 Vic 5 %c May 54c 50c 1 Jan 26c 50c 25 Vic 1 6Vic May 2c 1 Ltd— Apr 4%C 19.400 4c 1 Mines Lake Shore Mines Ltd Lingslde 2.000 6%c 1 High Low 5c Ltd Gold Range Since January Sales Last Sale Price STOCKS High 6%c 1 Mining Kerr-Addison Lake 1 Mines Ltd— Jack Lake Low Week's Friday Week'a Last 29 MAY 26 WEEK ENDED Sales Friday STOCKS Monday, May , MARKETS LISTED CANADIAN . . 12c 2,735 May^ 26c Jan 103% 104 % 1,085 16,936 • . 8c 91% Mar 1.05 May 105% May 1950 Number 4911 171 Volume The Commercial and Financial Chronicle . . . (22,33) CANADIAN RANGE Friday STOCKS x Week'* Last i ' , Par r Consolidated Press class A Consumers Gas — Conwest Exploration Cosmos Imperial Mills— Cournor Mining ——_— Bit Craig 168 158 15 >/a __ 24'/a 1.07 Mar 860 20c 3,300 9% 6% 14% 800 * 46 1 4VeC Jan Imperial Bank Apr Imperial Oil Huron 9% c 25c 26,600 13c Feb 25c May 62c 67c 10,700 50c Jan 67c 48% May 49 255 47 Apr 52% Mar 7c Mar Erie & 12c 11c 12c 8,000 1 10c Jan 31c Preferred Apr 10,000 24 %c Apr 42c Jan 21 21 21% 110 20% Apr 24 Jan 7 7 7 50 May 8% Jan Apr 21 %c Apr 1.75 1.80 2,500 75c 75c 77c 10,300 40c Feb 93c 12 %c 12c 13c II,600 6c Jan 14c Apr 28c Mar 58c 10c 1.60 Feb 1 51c 51c 58c 91,300 23 % 22 Va 24 8,330 20% Jan 27 Va 17% • 17 17ye 5,821 16% Apr 20% Jan -10 25 —35 _• . Dominion Coal preferred preferred Dominion Foundry & SteeL—- Dominion Dairies 27 Va 27 Ve 27% 20. ~ 19% 19% 31 30% Acceptance Malting Dominion Steel & Coal olass B— __—i __ - -•> t Dominion Textile common Woollens ^Dominion •• 1 : - Mines Donalda 25 ' 1. -• — Duvay Gold Mines — Jack * 285 26% v 23 100 19 % 34% 25 11 Va 9'/a 9V» 8c • May Joburke Joliet. Quebec 930 19 - May v - 125 I,631 72c 6 V* 22 Va Jan1 37 Apr Kayrand 32 - Feb - 12 Jan Kelvinator May 11% Jan Kenville 38,100 52c Jan 73c 15 %c Jan 57c 5%c Mar 24%c 23c 25c 8.500 23c May May 9%c Jan Mar 2.46 2.44 2.51 6.90 6.85 7.35 4.10 4.00 4.15 49 49 East Malartic Mines 1 * — -25 Investment 13 " — -* 1.60 17% 62c 74c 1 Gold Pen-Rey Sol Gold 1 32c 18c 1 _ — Falconbridge Nickel Famous Players Preferred — 4.80 __ 4.40 Feb 875 4.00 May — 47c 583,751 14!/Bc 23V2C 28c 302,877 8c 9c 21 55c 4,730 4.60 4.85 6,715 110 122 125 6ViC 6V4C 6V2C 4.40 5.10 10 10 10 Class B * — 1-20 1.20 —* 40% 37 40% 44 * Gold Cos Freiman ♦ Co Francoeur Fraser — *1 — * * common (A Frobisher J) May Apr 4.85 May 1.. 30 230 103 103 10 101% Jan 104% May 104 104 75 100 Jan 104 32% 33 Va 5,714 29 % Apr 149% 149 V* 80 142% Feb 11% 5,747 8 Va Jan 7%c 12c 186,200 15c 18c 2,500 49 %C 55c 38,405 Power Keyboycon Kirkland General —! Laguerre r-.r Ltd J *. Giant Lake Rowan Lake La Laura 8 Feb 1.05 Mar 5.10 May 11 Va Apr 1.75 16c 40,000 31 31 225 2.05 1.80 2.10 Gillies Lake Glenora Gold 19 Va 108 109 45 1 "U" Goldcrest Gold Mines 1.80 May Feb 105% Jan 2.00 Jan 2.10 May 19% 110 Gulden Class Macho 1.68 34 275 18 18% 225 104 104 10 8.20 8.80 II,550 7C 8%c 13,500 2%c 5 VaC 13,500 Goldora 59c 39c 19c 20c 29% 17% 104 Feb May 35 May Jan 20 Mar Apr 106 10c 10c 12c 9.20 May 5c Apr 8%c May 2c ■ 7,200 7c 7c 7,500 Feb 5%cMay 57c 13,500 Mar 30VaC Mar 65c common ; Preferred Gordan Mackay class A— Graham Bousquet - Grandoro Mines 27 %c May 5c Mar 35c May 4%cMar 7c May May 5%c Jan 9c 8C 9c 7,000 2.55 2.50 2.60 •17,150 2.44 Mar 6c 11c 84,387 4 Vac Mar lie 6 Vac 7C 10,500 3%c Jan 9c 3c 3 VaC 12,500 * 88 90 115 52 Va 52 Va 10 Vj lie Great Lakes Paper Class A common preferred Great West Coal Great West Felt preferred Greening Wire * - - * 1 r*. • * 213/a" 2c Lead Gwillim Lake Gypsum Lime & Mar Hallnor Mines — —— Hamilton Bridge Hamilton Cotton Hard Rock Gold Harding Carpets Harricana H«vr Gold Mines Highland-Bell F'ohridge Mining Highwood Sarcee 3.35 Jan May Apr Pinde & 3%c Apr Grain McCabe Gold Mar McDougall For footnotes _43. Lake Jan 6.80 6.80 500 6.25 Feb 7.75 Apr Jan Jan May 16% 16% 16% 110 4%c 4c 4 Vac 14,000 6%c 5%c 7c 7,300 4%c 4c 5 Vac 64,000 14% 15% 15% 1,840 15% Apr 17 Jan 74c Jan 89c Apr 16% May 19% 2Vac Feb 47/aC May 4c Jan 3c May 88c 84c 86c 4,500 1.15 1.15 1.18 6,500 1.15 Jan 9 VaC 10c 11,000 3%c Feb 4%c Feb 7c Apr 7c Feb 1.34 7c 8c 10,500 46c 43c 47c 5,660 32% 32 33 514 May 30% Mar 32 32 Va 205 30 20C 43c Mar Feb 10c May 10c Apr 62c Feb 34 Va May 33 May 2.65 2.77 4,120 2.33 52c 62c 33.895 44c 8c 9c 16,000 5c 20c 12c 20c 1 3.40 3.20 3.40 • 11% 11 11% 1,075 9% Jan 10 9% 10 7 ?35 7% Jan 1 2.90 2.80 2.94 16,550 49c 47c 5b c %0,1*0 94 94 20 3.15 100 1 Jan Jan 3.25 Mar 85c Jan 10c May May 558,500 IOVjc Mar 20c May 22,350 2.11 Mar 2.76 31c 4.10 Apr 11% May 10 Ve May Feb 3.20 Apr Jan 60c 94 Feb May 3.25 20,600 3c 3%c 8,000 103 103 55 102 Mar 15% 15% 50 15 Apr 8% 8% 50 5%c 6%c 7,425 29c 29%c 3.25 37,568 100 _ 8% 29 VaC 2.95 2c Jan Jan 8% Mar 3%c Jan 13%c Mar 7 VaC 7VeC 8c 3,250 3 %c Mar 27 26% 27% 3,400 21% 30 29% 30 545 8% 8% 50 • 94 May 3.75 Apr 3 Vac Apr 106 May 16 May 27 Jan Mar 8 Va May ; 10% May 8c May 27% May 30 May 8% 14 14 14% 1,925 13% Feb 163/* 24c 23C 25c 5,500 10c Jan 25c 61 60% 61% 420 1 — 52c 52c 55c 6,200 1 10c 9 Vac 12C 72,000 10c 12c 6,000 — Lake 1 Jan 21% May 46 26 Feb Mercury 5% May 6 Jan Mexican Lt & Power new 50c May Apr Jan May Jan 67 60c Jan 3 %c Jan 8c Feb 14c 8c Feb 13'/a C Apr 4.55 Apr 6.00 Jan 2.00 May 13'Ac May May May Jan — 60 Va May Jan 8%c Mar 31c III* - —- Jan 4 Va Jan 22c 16c 12c 11,800 41,000 7c 13 %c Apr 4.75 May 43c Feb Mid-Continent & Jan 20c May Mining 24c May Apr Model May Monarch May 4% May Montreal 14,680 3.90 3.90 100 13% 1 Vac Feb 3.80 May 4.40 11% Jan 15% 13% 1,025 Feb 15% Jan 13 15 15 150 48c 45c 50c 53,480 26VaC Jan 9 Va 9% 1,530 9% May 12 Vac 14 %c 142,233 5c Mar 37c 40c 3,738 30c Feb 47c 3%c Mar 7c Apr 31 17,900 395 Apr May Jan 14% May Feb 6%c 4,500 9c 10c 7.900 6c Jan 31c 2,200 6'Ac 28,100 3c Jan 8 %c 16% 25 14'/a Apr 16'A May 2.10 1.95 ,2.20 61,750 1.10 Jan 12% 12'A 12% 2,405 11% Apr 47c 46c 47c. 1,500 37c Feb 51c 20 20 25 16% Jan 20 2.00 • • • 1 Knitting class * A * 2.20 13% May May Feb May Apr ' * 25 8 May 36c 2,210 33c May 41c Apr 18 19% 1,150 18 May 22'/a Apr • common II Preferred 9 35c 19% 79% 78% 79% 360 75 Feb 280 26% Jan Lm.. —1 — Locomotive Corp 1.75 May V commmon Porcupine 9 ' 25 35c 3,500 22c Feb 39c Jan • Morrison Brass 26% 26% 10% Mar 79% May 27% Mar Mylamaque National * 3.50 3.50 400 II—II 43 VaC 47c 56c 309,950 16c Jan 67'/2 1 Mosher Long Lac 15c 14c 16c 52,400 6c Feb 16c • 31% 465 Mines Breweries 30'/a 31% 25 42 42 42 Chemical common—5 8% 8 Va Preferred National 'Drug common " _ & May 34c 5%C 2.00 5'Ac 16'A 5 Vac * Apr 13% 52c Moore 13c 4.90 • Containers Modern 12c 4.85 III160 Grain Corp 21 7c com— Oil Pacific Oils 7 %c 12c 4.85 — Milton Brick Apr Feb * • — Mills 4%c Feb 3.00 Mar 30'/a May c 37 41 40 235 8%. 4.00 May Mar May 42 8% May Apr Jan May 9% Mar 11% National Grocers 74%c 74%c 500 58c Jan 79c Apr 7Vac 27.500 6c Feb 10c Jan National 10c 6.500 10c 12 12 166 10 Va Apr 12Va 28% 28 28% 125 27% Mar 28% * 22 V* 22 22'A 470 21 May 23 Va Apr m 2.80 1.84 2.80 243,250 24c Mar 2.80 May 22% . National Hosiery class E. National Petroleum 11% 20 22% 23 1,035 1.55 1.53 1.60 5,900 1.41 Feb 105 105 10 101V* Jan 12c 17c 104,008 • common Preferred 12 220 10% Mar 12 Max' Jan Apr May 8 Vac 7c 9c 10c 6c 12,000 / Feb 6%cMar 10c 171/4 17 Va 630 16% Jan 18 lOVa 101/4 10% 2.532 10 Feb 11 Va 14% 15% 10,056 14 May 16 May Feb Jan May Negus Neilson New Steel Car 0 Mines (Wm) preferred Alcer "lbo _1 13 %c 12 VaC 14 VaC 50,200 4c Mar 15c Apr New Bidlamaque 1 5 VaC 5c 7c 9V2C 39,200 6c Mar 15 %c Jan New Calumet 1 1.53 1.45 1.70 - page 2.40 14% 78c Mar 0 14 Va 15 Va see 1.80 May 11% May 49c 55c - 20 3VaC 14c 800 • 40 3VaC 8 VaC 50,350 2.77 common Segur Porcupine 150 3 VaC 1 78c 1.95 Mar A— 115 1 1 1,590 72c 1.86 1 class McWatters 95 17 Va Homer Yellowknife Hosco Gold Mines 12% 78c • 7,612 17% Home Oil May May May 1.95 — 21 — Holllnger Consol 5%c May — 45 Va 3%c Apr 10c 12% • 31c Preferred 21% 5,560 a 12% 1 21 4,179 Dauch Feb 1 21 21 7V4C 20,667 21c 3c Massey-Harris common Red 6%C 7434 c 19c 20 Martin-McNeely Red 5 Va c 1 18c 43c — Gold 19 Va J 18c 13 %c May Jan — Gold Marcus McMarmac 6 V2C 34c 75 Vac * McLellan 20 Va 1 49c May • McKenzie 4,850 1 Mar 45c Leaf Milling Maralgo Mines May 29,000 Heath Gold Jan 28c Jan Maple May 24c Hedley Mascot 3c 8,350 53,450 Maple Leaf Gardens— 18c 7VaC 1 487,150 49c ' 25c 22c 37c 10c 13 VaC 13c preferred Jan 13 VaC 12 VaC May 1.34 Jan 70c 75 VaC 43c Eastern & May 15c 1 Jan 5.30 20c 13 %c Mines Goldfields Manitoba 12c 6%C * . Gold Malartic 11c 19c -—1 Gold Hasaga Gold Headway Red Lake Jan 20 43,600 Corp preferred 1.000 350 9 Va Mar . 72c 1 Mailman 118,465 5% 1 Mines 93c 18,700 Jan 1 25c 4.65 * 1.15 Mar 3.95 Mar 3 VaC 45,600 Consol 10 y4 5% 1 * 11 %c 1.06 19 21C Madsen Red Lake Gold Mines Magnet Moneta i, 1.10 610 4,800 429,000 • 40c Export class A Mclntyre 1 1 20c 20c B Feb • Alabastine 4.90 15c Jan Mar • McMillan Apr 1 Halcrow Swavze Halliwell Gold 19 V* 4.70 19c ——1 MacLeod-Cockshutt 10% 1 Gold 19 4.75 —1 53% 4.65 1 19% 1.44 15c ——1 9% May 22c Mines 11 Vac Mar 36c Lake 10 * Gunnar Gold 1.20 May 2,500 37c River Midland Gulf 1.400 15,500 14c 20% Mar 17 %c May 80c Mar * Mines 60 50 Ouavana Mines 80c 1.30 „1 Mines Red 84% May 52% Mar —* : — Feb 58c 1.24 II* A— Goldfields 45% 21 50c , Mar 32 17 VaC 17 VaC 24 Vac 10c 13 Vac 58c 8C McColl-Frontenac Goodyear Tire 17% Mar \ Apr Feb 50 Mining May 43c 15c 13,000 8 VaC 6V2C 14,500 8c Mines 19% Jan 7 %c Mar 3c 16,000 Feb 95c Mar 23 V* Mar 1.84 105 Apr 17c May May 7c Mar ' . 187,700 • 71% Mar 9 VaC May Mar 6.00 Mar 14,310 1 Mines Goodfish 57c 35c 19c 10 %C 12Vac May . 3.00 Feb 1.70 May • - 3,070 17c Jan 1.28 B MacDonald May Feb 59c 1 Porcupine 19 16c . Feb 4%c Mar 13 VaC ■!' * class Groceterias Macfie Jan 35C 1 Manitou Goldhawk 18% • ' 1 Lac Long Loblaw Apr 1.00 1 Golden Arrow 17c 1 Louvicourt 1.05 1 18% 6c 43% 71,500 • Lynx Yellowknife 17% 250 1 Gold Eagle 600 9 Vac • — May 19,300 , 70 6%c Lexindin Gold Little : May * Leduc-West Leitch Gold May 3.20 May 29,200 1 Gold- Mines 69% 3 94 Feb 1.68 * Oil Lake 70 9c > 27c 1 Mines Feb 1.70 1 Globe Goldale 9%c 12%c 11c r.# 4c„ Jan • 1 : Secord Manitoba Sugar God's .224,000 60,150 17 Vac May 82c ' Jan 1 May 1.45 5 VaC 27c : -1 16c 1.45 1 — Gold 21 %C Jan 1 1 31 1.70 8.80 26c * Feb 2.25 670 1 Mines- Mar 4 %c • 87 III,925 19 33 Va Jan 55c 5,866 1 Mining 8%c Jan 30 18% Mar 10c 41,234 • Mines 25% 6,550 33 Va 15c 34,200 70c Jan 40% May 93 • lie Jan May 14c 17 %C 1 - Ltd Mines Wasa Luz Larder 44% May 32% Apr 3.20 class A— May 59c 10c 1 (1945) Shore Lake Apr IIV2C 2.75 12c Jan 1 Gold Apr 14c 2.75 . 20c • Ltd Fortune 125 Mar * May 11% May 21c 1 Gold Lake Llngman Lake Osu Mines .■"i .8 Jan Mar 100 Yellowknife 33% May Apr 1 Mines Class common Apr May 151 4 Vac Mar 63c J Dufault Apr 2.05 1.68 Preferred Jan 30 13 Vac 10c _• ir.^.lirwi|||||M - Lake 5%c Jan 29 92 • General Products Mfg General Steel Wares May 49c Feb '64c .1 -n-j-p Lapaska Mines 30 3.00 common A 26 1 Labrador Mining & Exploration Apr 75 100 Petroleums Class Mar .1 Labatt (John) Jan 220 — U 50c • • — May 11,683 » com 5% preferred General Bakeries 36c "» . . Lake 16 44% 30% — * : - 14 V* Jan 1 * 4 - Kirkland Townsite 11% 30 V2 — — 1 * Mines 37 30% • Ltd 33% 1 Kerr-Addison "J Macassa Oils Gatmeau Mar 30 1 A.-u-nr. ^ Jan Jan 3.00 100 —, Exploration Garrison May 8 30 1 _ Apr 24 • preferred 38 11,000 • Lencourt Gold Foundation 9% 37% May Jan Mar 45c —; Lamaque Gold Lang & Sons Lapa Cadillac 115 75 i 76c 9 400 Ford Motor class A— 7 100 Gold 14% May 60,750 • Manufacturing 32 Va Mar 230 • preferred — 32 % . 3,031 5.05 23 %c May 12c Mar 22 Mar 4.05 Mar 35 • Feb May May 47c 34c 1,070 common May - 74c 20% Mar 505 37 Mar 6c 35 IOV2 Feb 8c 13,000 21 51c 1 Products 29 Va 145 8 40c 1 Lake 55 36Vac Jan 14% Petroleum 6% Jan 87,357 Federated Fibre 145 38 8 1.75 May 10 V2 — 2.65 Apr / 7.40 Apr •' 18% May Federal Kirkland Fleet 37% 37% Feb May Jan 28c 1.60 May 14V2 100 May 8%c Apr 15% Jan 36% — 20c 960 I 37 • _ 45% Feb 3,022 . 14% * . Jan 62,881 * common 2.05 18,500 ——1 Fanny Farmer Candy Shops Grain 8c * 1 • A 30c 10 %c Mar 40 18 62c - • - 1.75 18 1 Mines 1.70 20 Eddy Paper class A Federal ,■ 1 Mines class 7% 7 Vac Feb 37% ' Mar -• Leduc Brass Corp Apr 7 V* May 3c 40c A Kirkland-Hudson Empire 25,300 37% 13% 100 7%c 7% 970 (1939) I '9 Feb El Mar 997 14 7% 5 %C — » Mining 11 4c Eureka 15 13% 6 VaC 1 Mines Kelore Mines • 6,600 El Apr 13% Ltd— \ " 491,775 8%c Jan Mines ' 22% May 75,450 57c 7c 33% . • 3o 122,705 Eldona 28 1 Gold May 3,440 \ .... 39c 65c v 44c 23 Jan - •' 37 -9% Mines Feb 5 7c Elder Jan 13 Gold Mining -20 . 20c Rights expire June 21 13 Waite Jaculet 6c Economic 7,032 5/100 31% May 455 23% 68c . .1 . >. 26% 0 class Milling Jan I5V2C Steel 26 Va Feb 7c Sullivan Jan 26% 7%c Jacknife Apr 20% 16 %c Eastern 32 • 27% May 22 May * East Jan 11% May 1 East 125 30% • Mar East Crest Oil *. Feb 1,080 International Petroleum 19- East Amphi . 25 32 * A Preferred 26 6% 11 Va 37 23% .—- -•_. May 125 • common— Preferred 20 23 19'/a __ - - —• •■ Mines Ltd.— Dulama Gold Jan 122 125 32 Metals International 25 - .6 __ —.—-• Chemical common—4 Dominion Tar ,& 9 100 International 25 ' 31% Scottish Investment com—1 Dominion Stores Apr 31% 1 preferred 865 - 20 19% " • May 6 . 31% £1 —— Jellicoe common—-——i* Dominion Dominion \ 5c Apr Dome Mines Ltd • Jan Jan • ! Lake $1.60 May 38,300 2 • Bank G60 47% 2c 10 International Nickel Co common Dominion 7% High 41% Mar 97,000 7Va 100 Ingersoll Machine class Inglis (John) & Co Inspiration Mining May 1 Discovery Yellowknife Distillers Seagrams . 1,850 5c May 1.90 19c 1.75 1 Ltd 17c 19>/aC 7 1 Lake Red 24,000 26c • Producers Rio 25c 25c * Ltd 21c 25c • A B 21c :• Delnite Mines Detta common Low 46 4c Imperial Tobacco of Canada ordinary.S Indian Industrial Del 45% 1 —. Range Since January 1 High 13 Vac May 1 -• Davles Oils — ' Jan 65c D'Aragon Decalta . lor Week ouritvts Low Hugh Malartic Sales Range a rice Hudson Bay Mining & Smelting Hunts class A 48% c .V Class Week's JLast Par 25c Mar 6% May 1 Mines Petroleum Davis Leather class ■ Salt 1.64 May 16 Apr Feb 18c Feb 168 ——100 Patricia - High 5V, May 160% Jan 32,081 15% 814 22'/a Low 1.60 20c __ 1 Cresiaurum Crowshore 165 1.40 ■ Friday 250 — * Mines Croinor Pershing Crow s Nest Coal 5% 1.43 26. Range Since January 1 High 5% 168 • * 1 MAY STOCKS buaiea Low 100 MARKETS ENDED lor Week rriuea __ • common 01 WEEK Sales Range Sale Price LISTED FOR 41 1.70 May ' 42 (2234) The Commercial and Financial CANADIAN RANGE Friday STOCKS Week's Range Mines. New New Rouyn New 3.60 9%c Merger. North May 50c Jan 43c Apr 48,850 26c 35c 6%c 9'Ac 5»/2c 10c 8c 8%c .1 11 %c 9%c 11'Ac .• 3c 4c Feb 13c Jan 25c 12c 23Ac Jan 12c 65c 40c Jan 79c .1 .• 1.08 1.24 9,075 70 70% 2,565 1.00 Mar 66% 70c 12c 12c 500 12c May 19c 5,000 3c Jan 5c 56c 75c 685,875 3.00 3.25 9c 18,773 59,000 2.46 Mar 6%C Feb 9c 88,500 253Ac May 38c 47'Ac 23c 37c 50c 310,995 11,100 10c 10c 11c 8c 9%c 9y4 39c Specialties 6 6 2.03 1.90 2.05 24c 24c Okalta Oils Malartic Feb 37c Jan 1.68 1.75 Orlac Pacific (Eastern) 25 23Ac Jan 13c Feb 8c Jan 6 11c 12'Ac 17c 258 5% 12,000 - 8%c Jan - 5'Ac Feb 10c > 21,885 46 305 1.29 1.23 1.32 23,100 6c 5%c 6c 7,100 7 7c 44C 37c 45c 111,600 1 e%c 5'Ac 6'Ac 1 —— 7%c 5c 10'Ac 1 6c 3'Ac 7c Paymaster Consol —1 30c 28c 31c Penman's Ltd Gold common. 51 — Petrol Oil & Gas Picadilly Pickle Petroleum Crow Pioneer * Gold Pressed Metals 21c 3.35 3.50 56 55% 56% 635 99C 1.10 5,200 85c 1.00 99c 1.04 1,600 76c 42 % Mar 720 15'A Jan 18% 18% 21% 817 12% Jan 1.85 18% 6,600 1.71 Jan 18% 171 3.05 1.75 18% 3.40 9c 56,100 2,000 7 165 6% 60c 9,100 260,146 3,696 74o May 95c 1.03 Apr 97c Jan 75c 76,600 40c 8,000 34c 2.60 2.60 2.60 100 7c 6%C 9'Ac 102,600 4c 4c 5c 9,500 28 28 40 15% 15% 15% 10%C 13c 9%c 14% 14,891 93,400 4%c 34,500 19% 790 preferred 4,928 3 %C 4c 10,500 7c 6'Ac 7c 6,000 33c 38c 40,243 24% 25% 685 53 68 53 52'A .1 34c 32 %c 40c 142,216 1.17 1.20 650 2.19 2.15 2.37 52,862 21% Bherritt Gordon 21% 22 1 common. .1 ___ .1 Mines -1 Sllverwood Dairies class A 7.60 __ 90c 10% 150 Feb 8.85 Feb 9%c Apr 3c Jan 44 page .»? ¥ % U;. 43. 4.05 3'A Apr 5 5c Feb 9c 25c Feb 40c 23'A Feb 51% Mar 10c Feb 11,900 45c Mar 62c 25c 30c 700 40c May Apr Apr 16% 17% 3,810 14c 11c Jan 17c 195 26 Jan 54% 54'A 20 52 Jan 29% May 55% Mar 95 20 May 20% 6.10 6.55 42c 35c - 25% 53 42c 20c Mar 38c 78,800 48c Jan 92 %c 7% 255 99 10 Jan 6% Mar 92 Jan 29% 885 24% 24 25 2,245 24 Mar 98% 98% 98% 225 98 Apr 26% Mar 45c 43c 46c 1.00 89C 1.05 21% 210 10%c 12c 5,500 10c Mar 51c 1,283 51c Mar 15,580 27,285 and Canada 7% 3.35 30c 15% 30c Apr 67c Jan 20% Feb Feb 2.91 . . Feb Feb Jan 29c 25C Mar 41c Feb 20c Jan 40c Mar 15'A Jan 6'Ac - 3,000 - 7,000 15% 50 9.50 45'A 5'A 14% May 5,655 100 7,336 .. 9% 8,600 May 9.50 Jan Jan 46% 4% Mar 15.500 13c 7.90 Feb 36 100 11c 9c i Apr 7.35 May 12c Apr 2c 21,500 44 8'A May 4.20 5.80 Mar - 1,509,300 : Jan 6.60 May 38c May Jan 6% . - 6,970 9.20 . 12 %C 19c 2,290 13,600 — 22% 3.50 Mar 50,195 8'A 3.25 Apr 6 Jan 8% May 10 6c 11c Mar 4'Ac Mar Feb May 12'Ac May 59 75 45c 58c 104,425 15 15 25 14% 34 25 34 65 28'A May 31% Mar 26% 27 655 23% 27% May ; 100 100 % 1 10C 1 10c 10c 49 Feb 58c Apr 16% Feb 31% Jan 35 Apr 99% 24,400 Feb Feb 4c Mar 6'Ac 6%c 8c 36,000 36% 38 .....1,385 99% 99'A 131 2,000 3'Ac Feb 7c 2.10 36C 2.10 33c 21c Mines 43c 20c I 1 A 23c . 1.13 * 1'" 7'Ac 2.02 C _. .1.10 5 5,375 Jan May 42 Apr 100% Apr 9%c May 2.27 Jan 83,800 43c May Feb 25c Apr 17,890 . Apr' 17c 75c Jan 5 Apr 5'A 2.15 22c 15,000 . 1.17 5 .2.00 9c 2.02 May . Apr 10'Ac May 99'A May 33'A Mar 13c ' Jan 4c . Apr May 102 8'Ac Mar 48,500 .: 60 .,7c 100 12c .8c 10%c Jan 37% common.. 802 . .. 510 1.00 Apr 1.33 Apr 6% Apr 2.50 , Jan 8.85 10% 7% 99 *" Jan May 30% • - Pulp & Paper- • * Dominion Sugars- Western Jan Jan- May May*V^f" Foothills 97'A 100 82 Mar 101 145 5% 145 25 135 Jan 147 6 18.230 114 445 21'A 1,325 5'A' 110 108'A 21'A " 890 27 57c 1.05 22 13c Jan May May May Apr 63'Ac Mar Lumber.— Jan Apr Feb 6.00 May 114 May 22% Mar 21 Feb 85 12 Mar 14 Apr 22% Jan 25 May 26 170 Feb 26 May Mar 180 5 4.15 623 113% 4.90 177 3.75 115 300 4.75 61'A 26 4.90 "■ 10,955 21% 176 2% Jan 89 Jan 3.50 Jan Jan Apr May 5.00 May 40 57 Jan 63 10,509 17% Jan 26% May 32c Mar 49 %c May 38c 44c 17,898 29 24'/4 29 1,000 16 Jan 24% 24'A 105 24 Mar 45% 46 146 40% 4.35 21,095 46 115 62 43c , 5% 27 — Bridge Jan 27 24% Apr Mar Feb 47% May OU 4.35 Paper 3.65 31 common 7% .! International Utilities la ; ,, Groceterias "into MacLaren 50% 23 6 . Power '"T Minnesota & Ontario Papet! Molson's Brewery class A Pehd Oreille Price Bros Supertest City 2,670 117% 117% 22% 23 680 19% 170 27% May 28 25 36% Jan 42 10 27 Ve 42 L ^ — ; 27 Feb 36% Mar 37'A Jan 50% May Feb 117% May 115 Feb 23% Apr May May 21 21% 27% Jan 21% May 27% 27% 5.75 100 27% May 27% May 5.75 5.80 1,525 5.05 Mar 84% 84% 10 63% 75 75 25 75 • Petroleum Consol 4.35 May 25 50% 21% ♦ —-w-—— ordinary Mining Rapid Transit— Jan 31 50 42 * 3.15 31 ■ 26'A — Temiskaming Twin 92 Feb 29% May 25 177 26% Preferred Yukon 3.25 Jan 12% 25'A 3.75- Apr Jan 24% 23'A . 100% ■' 12% 25% —1 preferred Hayes Steel International Loblaw 29% 97 97 -100 Consolidated Paper Steel High Low '29 23% Canadian Westinghouse. Dominion Range Since January 1 High ' 115 Dalhousle Oil deHavilland Aircraft Shares Low 12% Vickers Canadian for Week * 21'A —__ Canadian Sales Range - 29% "loo —1 .100 Canadian Marconi c Disher Jan Week's of Pi lees Last Canadian Industries Common!—. Preferred May May Exchange-Curb Section Friday Vinegars Apr 9% 42c 8'A 3.30 26% Canadian Bronze common—i!; Jan May May 22% 11,100 1,014 Canada Apr 25c 10% 14,000 May 34 Preferred Brown Co common Preferred . 22c 10 ■v 20% 6.25 « Asbestos Corp Columbia Jan 7.50 May 19% Mar 11,200 28 15 _. Knitting class British Jan 1.20 Jan Jan 17C 20% Par May 2.65 20 Feb 27% Sale Price May 1.91 Jan 15c 14% Canadian Funds Feb 1.05 Mar 51c see 58 3.20 May 21% Stadacona Mines 54c 58 stocks 17% May 99 May 50% Jan 350 89 Co Brazeau 20c 52c 32c Toronto Block 21% May Jan 29% _1 York Jan 12% 12c Malartic Yellowknife Bear Jan 47Ac 27 29% ..1 18 %c 19% .100 Preferred 54c 50c Apr 17% Jan .• Siscoe Gold 15% Jan .• Class B Mar Jan loo 28% May 7.60 7% Class B Silverw'd Western Dairy preferred. .100 Simpson's Ltd class A— 27 7.60 87c 92'Ac 20 17c 30c Jan Jan 4c — 49c Jan 35 351 .50c Feb 14 99 58 .50 Shawkey (1945) Mines Sheep Creek Gold 6 12 29c Jan 85 99 57% 25 16 20c .100 Electric Apr 14c 50 99 » 16 30c Gold 15% May 25c : Feb Apr May May Mar 167/eC 17% 58 33c Feb 25 3.35 ■ 98 May May Mar Jan 450 ._1 .1 5c 29 Mar 20 3.50 Apr 16 17c 50c 20c Mar 7c 44 3.20 93 ; Mar Mar 2.75 May 7c 43 17% 32 7c 24c 9%c May May 20 -1 „1 12% . 5,100* 770 43c Feb 2%c Jan 28 4,500 __ com— 4c 15,500 9c Mar 2.03 Mar 30 12'Ac 28% Jan 28c Class B 27'A 26% 100 21 %c Lead & Zinc Yellorex Mines Feb 37C 35c 400 28c Yale May 57c 32'Ac 32 .5'A Preferred Jan 1.84 Feb 12% May 96% 23c common. Winchester Larder Winnipeg 23% 36c 20 (George) Apr Jan 10% 31 45 Preferred Jan Mar 36c — Weston Wingalt 18% , Mar 96% 96% Class A Apr Apr Wrlght-Hargreaves 22 Apr 9% May 32% common.. May 76c .49 Grocers May 1.84 1.01 11 Mar May 1.39 May Jan 8% 30c 1.65 47c 25% 8'Ac Mar 21 % Jan 745 12 1 15c 1.70 12 %c 27,345 34,700 7.35 .. 47,150 30c 21c 45c 31c WInora Gold 73c May May 32% 9.30 48% Mar 75c 19'A Mar 35c 26c 15% 55c 23c 17c Feb 32V4 11 Amulet Mar 55 55C Feb 31c 6.95 .1 30c 46'A 47c Apr 3.65 Apr 32% 12 Western Canada Breweries 3.50 May 87A May 7'A Feb 6c Feb 31 34 Feb Apr 10c 17c .1 9,200 46'A 28% Mar 6%c Mar 12c _1 Mines 6% May 46% May 55c 33c 19 2.92 100 14c 14 %c Feb 17 200 6.95 Westeel Products Western Ashley Minerals. 2.05 Feb 17% Mar 10 12'% 1 Wiltsey-Coghlan 3.20 9c preferred— .99 Power • w Cotton Western 20% 46'A ._1 1.05 20 1.85 1 Mines Jan 18% -1 River Gold 56'A May 1.10 Feb Mar 20% 4c 1st • .1 Feb 19% preferred • West Malartic 6 4,800 10 May 1.66 Jan May 28'A Mar 195,965 1.32 12% Class A Wekusko Consol May common ; • (Hiram) (G & W). Waterous Ltd common Apr 82c 9c 11 %C — For footnotes 3.70 47c 1.24 14 %c Walker ~ 14c 12% common Walte May "31c 1.24 16% 25 Gold iolamac 2.51 May 3.45 Mar Jan 1 Antonio Gold Miller 35c Jan * Sigma Mines (Quebec) Silanco Mining Jan 3c 10 Breweries 7'Ac 68c 1 Oils Co 3,092 50 Vulcan Oils Wabasso 7,707 * i, preferred! Feb 343,966 • — Bank Southam May 74c 1st preferred South 16c 1 1 2nd Sladen 27,500 16c 17'Ac 51 14c Royalite Oil Roybar Chlbougamau Rupununl Mines Silver Feb Jan 21 % A VUlbona Jan 63c 1 Rochette Gold Sicks' 34c 55% Feb 1 B May May 46c .1 Robinson Little class A Roche Long Lac 40 27% Hill. Ventures Ltd Vfc our May 5 73c series 7c '3,275 40 Gold 7,670 17,900 18 1 Steel 69c 10 Reg court 4'A% United 51 1 Senator Rouyn Ltd Shawinlgan Water & May 68c 1 16c 18 • Oils 6%C 1 Reef Petroleums Ltd Reeves MacDonald Sannorm Keno lie • 12c • Upper Canada Mines.. 1.70 May Quemont Mining Quesabe Mines Ltd Sand United 7%c Apr 10'Ac May 3.05 May 3.00 Mar • ______ preferred St Lawrence Paper 26c • I. United 68c — 200 16 Feb 57c 1,500 2,525 — Quebec Gold Quebec Labrador Quebec Manitou Queenston Gold 2nd 25,350 Union Gas Feb 51 76,856 .1 6% 3.10 Feb 1.42 May 210 6% 3.00 2.31 May 8'Ac May 3.30 Apr 80c May 15'Ac '■ 20c Union May Jan 819,951 — Prospectors Airways Purdy Mica Mines Purity Flour Mills common Corp 2c 35c .1 Proprietary Mines San 152,357 3.20 Corp St Lawrence Feb 2.51 • Russell Industries 3c * 100 45c Feb 16c .1 30% 6% * 7c Jan 3c 1.80 A. Preston East Dome Royal 1.58 3.10 River Roxana 47% Jan .1 Voting trust certificates Riverside Silk class Jan 17c i A_1 class United Fuel class A Class B preferred 3'Ac Mar r, 1 Mining United Corp class B .1 .— Powell Rouyn Gold common Reno 44% 1.23 Finance Feb 9c Feb 3.15 • Preferred 4.20 2.33 3.80 Porcupine Peninsular Porcupine Reef Gold Power 33c Oil Powell <■ ' • — 10c ' Petroleums May 6.35 Apr 4'Ac Mar .1 Mines Gold Polaris 16'Ac .1 20,500 * A rights ^— B rights Transcontinental Resources Transvlslon-Tele vision Apr May 1.30 56c II.1 —,— 1.00 Mar 4,200 24,500 Partanen Malartic Perron 3,000 .10c Malartic Jan 1.50 3.60 Mar 3c 10c 12'Ac * Preferred Feb 15c 5,000 7c "III May 7% 83,500 5.90 ...— Jan 1.30 5.65 Paramaque Mines 27c 6%c 45% Oil Feb 1.18 46 Cadillac 40c 1.42 38 %c common Apr 136,100 5,700 5,070 37c 39%c Works 3%c 10'Ac May Feb 80c %C 12 %C 12C 1 2.25 60c 11 * ■" May 24'A May 5'Ac Mar ' Mar 17% May 23 Feb 11,683 - " 20% 18,215 78c 1.50 75c Jan Mar 3.00 30 V Feb 87Ac 3.10 _» Class B Apr 3%c 1.18 905 Apr Apr 35% Apr 6'A Apr 18 May 7c 11c Iron Traders Jan 103,300 5.80 Western Tower Apr 2.24 119,000 _• Parbec 30c 6c Tubes— Pamour Porcupine Mines Ltd. Pan Jan 1.60 Mar 4'AC 1 Hershey 1 Towagmac Exploration Apr 2.33 Apr 1.79 Mar 20c 33,200 ...1 Pandora 6% 12c lie 24% % 2.80 . 2.80 Thompson-Lundmark Feb 27c :— Page 28,100 River ■ 4 60c 40,500 3.40 • Toronto 5% May 23,999 *— Pacific Petroleum 10c 3.15 Mines. 11% Feb May 8c 1 20 9%C ,7%c Tombill Gold ^ Torbrlt Silver Mines.. Toronto Elevators 10c 1 —______ Osisko Lake Mines 16'A 757 9%c —1 Apr 9%c May 5'AC —1 475 22'A 3.20 -50c Gold Toburn Gold May 22c 6 Lake Red 9 11,200 Orange Crush Orenada Gold 17% 22 I_1 Teck-Hughes Gold Mines. 12c 10c Omnitrans Exploration 3,800 24 Tamblyn Ltd comipon Taylor Pearson common— May 24c — Omega Gold 67c 24 95 Jan Jan 25 -25 — 10% Apr Jan 13% 6 22% common— Tip Top Tailors z Feb 63Ac 1,400 1.75 Ogama-Rockland O'Learv Taku 86 1 High Jan 27% . 17% Canada — Sylvanite 3.30 May 7c 875 Mines 75c 6%c 30,800 9 •North Star Oil common.. Apr 4c 1,000 8'Ac Wood 545 120 Apr 42c 24'Ac .1 Gold Surf Inlet Apr .1 O'Brien 10 . 34 '60c Sullivan Cons Mines Superior Oils Ltd_^ May 35c Northland Mines of ti, 17% 6 Gold. Sudbury Contact Apr 39'Ac .1 Co 94 % 8% 33% Mar 5c 3.20 Mines Mines.,— 34 __ Steeloy Mining Steep Rock Iron Mines. 71 8'Ac Mines Canada Olsen 94'% * 17 17 Preferred 1.24 May Feb Jan 26C A — Steel Apr 4'Ac Mines Starratt May 60,800 94% * January Low 300 May 313,200 100 9% Range Since High 9% Stedman Bros Apr 9c Low 9% Standard Radio class A. 10c May 10%c Jan 8,250 1.20 Mining Oakville Jan 7%c Apr 203,100 North Inca Gold j May 57c 12c Shares Paving common.,- Preferred Apr 7c Feb 25c 70% - Denison 38c 3c 6c 63c Standard May 17c 20c 9%C — Gold 25%c May 40,950 .1 — 10c 281,000 8c for Week • common Preferred 3.60 May 5%c Mar 92,500 10,000 Standard Chemical 1.22 May 1950 Sales Range of Prices Par May 34c 633,484 5%c .1 Nordon Corp Norgold Mines Norseman 50c .1 Noranda Mines Northern Jan „• Oils Mines Norlartic 31c 6c Nipissing Mines Norpick 19,125 6,920 28c Week's Last Sale Price High Mar .1 ___, Thurbois Normetal 45c 2.90 63/4c Low 66c 29 26 STOCKS 28,247 -1 Yellowknife Nicholson 39c __ 3.25 Gold Pacalta Nib 46c 8'Ac New Norzone New 44c -1 _—— Norseman Mines Newnorth 1.22 „1 Gold MAY Range Since January 1 High 1.10 45c 1 Marlon New Low 1.10 1 Jason New ENDED Friday Shares .1 Newlund Mines WEEK for Week of Prices Par New Dickenson FOR Monday, May ... MARKETS Sales Last Sale Price New Goldvue LISTED Chronicle 75 j * j 2.130 9'Ac 9'Ac 9%c ll'A 14.000 11% 11% 1,100 57c 58c 1,700 17% 6c 8% 50c Jan 6.10 May 84 »A May May Apr 75 May 11c May Jan 14 Apr 60c Apr May Number 4911 171 Volume The Commercial and .. . Financial Chronicle ' (2235) OVER-THE-COUNTER SECURITIES Quotations for Friday, May 26 Investing Companies Par Mutual Funds- Ask 6.82 4.52 Mutual Funds— (Net Asset 35% 4.02 9.39 16.08 17.48 6% 67/a 2% Managed 4.35 8.69 . Loomis Sayles 4.89 34% 3 22.28 —1 20.62 3.75 4.50 3.42 3.77 lc 3.94 4.34 lc 3.36 3.71 lc 4.30 4.46 4.42 1 37.35 --1 17.23 Christiana Securities com 100 5 230 5, 380 100 139 144 6.10 1 Consolidated Investment Trust.l Delaware Fund Dividend Shares 15.25 16.77 1.65 I.81 28.61 Balanced 1 19.43 20.78 20c —5 4.32 29.33 31.71 Industrial Fund Inc.l 2.16 2.37 Fund Inc Fidelity Fund Inc Equity Financial Boston First Franklin Custodian Funds Inc— Preferred stock series——lc stock series Stock lc 5.54 Fund Industries Gas Capital General Inc——1 17.51 56.24 lc Automobile shares lc Aviation shares lc 7.38 8.42 Equipment shares.lo 5.15 Fully administered shares—lc lc 7.76 Machinery shares lc 7.42 Industrial shares Institutional bond shares—lc 9.32 - 8.95 6.20 8.43 Mining 5.25 shares Petroleum lo shares RR Equipment shares Railroad Steel stock 3.86 4.83 lc Plan Fund Investors 4.68 1.87 5 25.40 9.69 Investment Investment Co of Trust lc 13.19 10.68 Boston l 8.61 1 23.89 Priced Bonds) 1 17.60 Bonds) 1 10.26 K-l (Income pfd Stocks) K-2 Appreciation S-4 16.39 31.88 15.72 com Stks)__1 5.44 Lexington Trust bl.35 1.15% 1.30% 3- 1-50 12- 1-50 bl.40 1.25% 1-49 9- 1-50 bl.35 1.20% 1.30% 4- 3-50 1- 2-51 bl.40 3-50 10- 2-50 bl.35 1.25% 1.20% 1.35% 5- 1-50 1.30% 2- 2- 1-50 11- 1-50 1-51 bl.35 bl.40 1.25% 1.25% 1.35% 6- 1-50 3- 1-51 bl.40 1.25% 9.71 10.64 11.63 1 12.98 14.22 1 9.90 11.27 12.35 1-50 10.85 1 8- 11.45 12.19 1-49 stock Utility 10.17 20.80 11.56 12.67 8.79 9.63 *—1 1 5-71 1 6.54 7.17 1 9.07 9.94 _1 10.97 Bid 1, 1950 bl.18 8, 1950 bi.ie Jtti 6.26 1.08% June 15, IS 50 bl.18 1.10% June 22, 1950 bl.18 1.12% June 29, 1950 bl.18 1.12% July 6, bl.18 1.12% bl.18 (Geo) Fund Investors 3.60 1950 13, 1950 *25% 17 __1 16.53 17.77 2.66 Inc (net asset Banks & Trust 25 i.l a Fund 2.91 Par New value) _• 54.06 54.06 York Bank of the 23.35 6.41 7.02 1 12.21 13.31 Shares—25c 78C 87c series A Co—10 & Fifth Avenue Bankers Trust 59.00 Investment Fund Inc Industry Bond Fund of New Casualty Equitable i&A- 142 American Fidelity & Casualty..5 American of Newark2% American Re-Insurance 10 American Surety 25 1 Income Fund Shares—1 National Bank 15 Line Fund Inc— 20 Automobile 10 11.62 5.31 11.59 (White Plains, N Y) Empire Trust 16 37% 20.47 50 107% 1 17.86 19.20 Federation 10 22% 1 3.79 4.11 10 33% 35% 5.80 National Bank E 2.50 8.00 9.20 1 2.35 2.66 Shares— 100 1,290 1955 1 4.34 Series 1956 1 2.49 313 31 33% 19% 20% 10 Trust Co (J P) A Co Inc National City Bank Title 100 Par Home 5 America...10 20 26% Merchant Bid 36% 21% National Casualty National Fire Uwton 62 % 64% National 61% 64% New 110 54 57 -10 19% 21 51% 54 25% 27 59 62 New 22% 24% North 80 73% 76 31% 33% 38% 40% 30 9% Fire & Deposit of Md Assn (Detroit) —10 1————10 fireman's Bremen's Glens Globe Fire Globe A Hanover Hartford Power 102% 102% -1980 103 104 .1985 101% 101% ..1979 104 _100 Northern Trust 365 390 -100 Co 605 630 Cleveland Central National Bank Cleveland Trust Co 20 31% 33 100 350 16 38 39% 38 39% National City Bank 365 Detroit National Bank of Detroit Pittsburgh 10 # , Farmers Deposit Natl Bank—100 295 Mellon Natl Bank A Trust 290 100 305 Peoples First National Bank A Trust 20 36% 38% 12% 91 93 20 66 68 Portland First National Bank United States Natl Bank San Francisco Bank of Amer N T As S A— New common Rights 6.25 (expire June 1)—** x255/a 92c 27% 1.02 27/as 100% my* 102% 27% Power Co Stocks (Continued)— Delaware Power 4.28% A Par Bid Ask Light— preferred 104% 100% _ 2%s 101% Northern .12.50 . Northeasternvjns Co 3.33% 130 2%s_— -1980 Edison Co Hartford Electric 100 106 pfd—50 3.90c 53 pfd_30 38 Iowa Southern Util 5%% Kentucky Utilities $4.75 pfd-100 Potomac Elec. Power 2%s_ 1985 100% 100% Public Serv El A Gas 2%s_ -1980 101% 101% Fir»»_ii 25 104% 108 53% 39 105% 10 64% 68 -5 16% 18 67% 72% Phoenix 77 80 Providence-Washington Accident Paul Par Bid Ask —«5 4% 5% 10 32% 34% American Cyanamid— 3% % preferred B wi Corp (Texas) Fire (NY) & .Marine Seaboard .2 7% 10 33% 35 96 99 12% 20 19 20 Gas (series 1949) 100 106% Pacific Gas A Elec Co— 1st Penn Pwr A Lgt 4%% pfd—25 pfd 28% 29 100 110 111% pfd_100 106 108 preferred series H__100 102 102% 22 22% Pub Serv of Okla 4.65% —100 108"% 109% 105 107 Blackstone Valley Gas A Elec— $4.25 preferred 8% 10 30% 32% 59 523/4 10 34% 36% 12% 13% Surety Security (New Haven) Springfield Fire & Marine 10 50% 5 10 45 17% Standard 10 36% Hudson 4.75% Conn Gas St Elec preferred Lt A Pwr $2.20 pfd A Elec— Diego Gas A Elec— 4%% preferred , 100 San Gas 106% Tenn 20 Gas Transmission— • 55% 56% $4.65 preferred 100 107% 109% • 53% 53% 4.60% 100 108% 108% 47 16 Central Rochester 4.10% 100 ''rira , pfd A 141 Indemnity-Co Peerless Casualty Co 40. 4%% Elec $4.80 redeemable 8% Stocks— Pacific Maine Pub Serv $5.50 pfd N Y State 136 7% 5 38% common_5 15. 5 97 ,29% 101 - 31% .. Fire. ,—,.—,..—10 ■.V^-lO 10 34% 118 36% 36%; 122 . 38% Accident - Travelers U -1980 Brooklyn Union Gas 3s Detroit Edison Ask 1980 19% Reinsurance „ 95 237 Security Issues 102% -1990 25% Republic Fire 8% 102% 1980 2%s 18% 89 Hartford Steamboiler 92 ' Fire 22% , 27/sS 2%s 27/sS 5 York 86 Great,American Elec Edison Ohio Rivera——*-2.50 -.«* 21% 2nd preferred Appalachian Boston N J Bell Tel Co 46 of Republic— Rutgers Fire 92% 230 41 % 70% Reinsurance Corp .33% -100 665 Bid Illinois 38% 67% Falls & 8 635 63 ' St general 89 12 100 35% 36% 65 5 44 61 39 % 66% Newark Ask 230 95% 33 V* 43% 10 Phila—* 10 Fund of Frisco—10 of Trust 48% Recent Duke 5 Preferred Fidelity 25 A Trust 60% 279 / 42 Bonds— 32 33% 8% 2 10 Pacific 10 States 43% 92%' Bank A Trust-17% * 31% 63 Federal 46% 25 ; 5 Amsterdam Casualty. Hampshire Fixe - 77 220 38% 106 .mL—4 Assurance 33 -10 -100 Ask fa- 113 • Fire 18% -10 A Trust- Continental Illinois 1,630 273 12% Trust Guarantee United 322 100 1,580 25 41% 20 58% Morgan York 1,350 100 Irving Trust Kings County Trust Lawyers Trust Manufacturers 39 110% of Commerce_10 Industrial Bank Shares— Amer Trust Trust Guaranty Trust Unit Type Trusts— Diversified Trustee A Fiduciary Trust First Series Bank ■r -10 Bid 24 —5 Camden Fire 64% Exchange Bank A Trust_20 County Trust Co 18.76 New Connecticut General Life—: Continental Casualty 62% Corn 11.36 20 108 6% 1 Casualty common—1 $2.10 Prior preferred— 10 $1.05 Convertible preferred—5 Massachusetts Bonding S -25 56% i Merchants**"- MfMU-u % 54% 6 % Co. Stamped Wisconsin Investment Co 53 31 46% Whitehall Fund Inc 27% Par City Natl Bank 40% 44% 1 77 20 38% 10 Wall Street Investing Corp Wellington Fund 74 , 1.12% Companies 105% Trust 10.69 Jersey Insurance of N Y " 1.12% bl.18 50% Continental Bank A Trust— 7.99 Insur Co of North 17 bl.18 147 102 % Chase 6.56 . 61% 18% 362 Brooklyn Trust 100 Central Hanover Bank & Trust 20 20.39 C 61% ,24% 347 48% Chemical Bank & Trust 101% 5 1.12% Commercial National Bank A Ask 50 28% 10 18.51 97% _5 Assur 27 100 21.91 B 59% ——4 1.12% 1.12% bl.18 Ask York ii&Ll 34.67 25% bl.18 bl.18 Chicago Manhattan 22.01 ^2^2% Bid V 56.50 Street 59% 10 Ask 1.12% 4.10 24% ^i._5 Maryland ... bl.18 1.12% July Sterling National jJ. Automobile July 20, 1950. July 27, 1950_ Aug. 3, 1950. Aug. 10, 1950— Aug. 17, 1950— Aug. 24, 1950. ' Insurance Companies Alliance Bid 1.04% June Public Nat'l American American American American Treasury Bills Ask June 12.02 equipment —_ United Slates 13.36 9.28 1 Series 25 wi 12.75 10.45 Independence Trust Shares - Ask 1.25% 1- New Agricultural Bid bl.35 1-50 11- l North — 11- 12- equipment 2.75 Bid Due 1-50 4.92 5.72 Par 5- 1.30% 4.49 5.22 Aetna Casualty & Surety— 10 Aetna Insurance — 10 Aetna Life, .1 —10 Dated 1.30% 11.52 2.52 34.67 Rate 15.05 1 — .9702 1.30% 1 25c Fund .9851 99.9584 1.30% Corp.* 5.94 Loomis Sayl^s Mutual Fund— ; (Net Asset Value) , • .0228 99.9782 9.00 10.86 Value 14.90 Knickerbocker Fund .0115 100.0048 12.88 Bank 17.15 13.66 100.0060 1950 8.21 7.42 34.78 1 Stks)_3 com 100.0000 1950 15, 11.75 13.73 Series 26.26 Stocks) Due Union Preferred Stock Fund—1 17.88 24.07 Stks)_l common com (Lew Priced 1 Stks)_l pfd Ask 1 1 Series 11.19 1 1, 1950 _l stock 1 Union 19.20 (Speculative (Quality 8.13 1.15% Trusteed 26.07 (Medium Grade Bds) (Low (Income bl.35 Television 28.77 B-4 (Appreciation 3-50 United 27.50 B-3 S-2 1.15% Union Common Stock Fund Bonds) 8-3 bl.35 Shareholders Trust of Boston—I Sovereign Investors 1 Funds— B-2 S-l 1-50 7- State 16.56 (Investment 8- 3-49 Dated 12.92 9.45 16.20 Bl Ask 1-49 Rate 11.94 II.61 Investors Management Fund—1 Keystone Custodian Bid 9- 10- Selected Amer Shares 14.45 1 1951 1.30% Fund 1.21 lc 1, 100.3 1.35% Scudder, Stevens A Clark 90c 1.09 America of 81c l%s Jan. 100.2 11.52 Putnam 10.62 lc 1950 10.51 Republic 27.46 lc Group shares Bank Group shares Insurance Group shares. Stock and Bond Group 1, 1, . Institutional Shares Ltd— Aviation Oct. 99.28 June Federal Intermediate Credit Bank Debentures 4.34 Inc— $1.50 preferred Petroleum A Trading— 2.03 — 1 %s 100.1 99.27 .1 Stocks Pacific Amer Investors com__lOc 5 06 10c 1954 4.84 ■' 6.82 1 Sept. 18.04 Tobacco 4.89 6.22 Inc.: Income Foundation Fund Incorporated 4.45 July l%s 16.78 Steel 6.19 lc - Utility shares 100.4 3.45 __— 5.64 100 4.90 Fund Railroad '5.30 lc l%s 1 Railroad 4.24 lc - Indebtedness— .0309 7.80 2.79 lc shares 15, 1955 18.98 9.45 2.53 shares >.Tobacco 1 shares Howe 8.62 f lc Railroad Bond Shares l%s March Pacific Coast Invest Fund—_1 5.76 101.28 Bid of .0320 4.43 Public 9.24 f lc 100.3 101.22 5.44 Metals 6.80 Merchandising shares ——lc wi 7.14 Series Machinery Merchandising 9.81 lc shares 99.29 .. - 1957-1955 l%s 3.97 Insurance 9.73 , Investing Company shares—lc 99.24 Maturity— 7.40 Series 8.14 , Low Priced 7.17 1 1, .0302 100 6.56 3.16 Oct 100.0093 "D" 15, 1 1955 1953 100.0106 "C" 1951 l%s March Electrical 8.51 bond 1, 1,1951 7.53 6.77 1953-1951- 1, l%s Ask 100.0085 6.89 Diversified Industry 1 Diversified Investment Fund.l Diversified preferred stock—l 8.26 General 1%S July 1, l%s July IV4S Oct. Corporate bond series 5.65 7.53 — 1951 15.63 4.48 Building supply 12.09 -lc shares 1951 11.37 1 1, Feb. Certificates 1 14.56 1 ;££, Aviation 8.00 .Food Bid 4.98 Bank 9.23 Ask 99.18 - Dollar Price Maturity— 10.52 Automobile 7.20 7.30 —lc shares 119% Treasury Notes— l Series 1183/) 1 York 7.69 6.56 11.04 shares Chemical 17.04 1 Agriculture 8.09 i—lc Building Electrical 15.63 15.42 Chemical 7.01 • Bid 1, 1952-1950 U. S. Certificates of Indebtedness l%s July Series New Group May 100.4 -i_l 5.70 Securities— Agricultural shares 14.38 1 Series 100 15.70 1 Series Series England 60.47 5.27 Stock New 18.93 —1 —1 Corp General Investors Trust point a l%s Jan. Low Priced Com Stock Series 1 18.16 of 2%s 1961 ) Industrial Stock 6.08 16.57 Common l%s Issues Panama Canal 3s 1 Selected Group 6.72 Fundamental Investors Inc—.2 Other Central Bank for Cooperatives— l%s Feb. 1, 1953 8.16 Securities— Speculative 6.15 6.13 100.1 32.82 14.52 Inc.l series Income 31% 5.54 1 Fund Low Priced Bond 4.48 29% 10 Corp First Mutual Trust Fund 2nd Fund Preferred 7.45 30.36 interest„l National Investors Corp National Security Series— 30.59 Fund beneficial Investors Bond 1 Balanced Fund Stock of Nation-Wide & Howard- Eaton shares Mutual Fund of Boston Inc Mutual Invest Fund Inc 22 % --1 25c — Mass 6.63 20% shares Manhattan Bond Fund Inc..10c Mass Investors Trust— 18.63 100 32nds more 4.87 Steel 40.16 100.1 15, 1950 15, 1951 or Federal Land Bank Bonds— 4.92 lc 100 one 4.74 lc Furnishings shares Ctfs Century Shares Trust— Chemical Fund Ask 1.35s Sept. 4.14 4.08 Non-Ferrous Metals Paper shares _____: 22.59 Commonwealth Investment shares Bid l%s Feb. Funds- Business Equipment shares, lc Electrical Eqiupment shares.lo General Industries shares__lc 19.77 Preferred lo 4.15 24.09 18.29 — 50.11 Federal Home Loan Banks— Value) 3.76 102.45 Broad Street Invest Corp— —5 Ltd 50.11 Figures after decimal represent Ask lc 9.39 Fund Bid Fund— Petroleum 98.35 9.38 Bullock Par Second Automobile Home .10c value Net asset Obligations Of Governmenl Agencies « Bid 6.21 1 Aeronautical Securities -i% Affiliated Fund Inc -10 Amerex Holding Corp American Business Shares. -U 1 Axe-Houghton Fund Inc.. -5 Axe-Houghton Fund B__— —1 Beneficial Corp —* 1 Blair Holdings Corp • Bond Inv Tr of AmericaBoston Fund Inc....— _~IIl Bowling Green Fund Inc S U S U. S. -y*# a _—^atew. 100 470 Fidelity A*Guaranty Co..2 Fire 485 54% 65 4 Guarantee- Westchester Fire $2.04 .10 , 80% 2 21% 56% 68 < 84% 23% preferred preferred Odd lot sale (not Included in year'* range). bBld yield price, d Deferred delivery sales (not in year's range), e Ex-interest, f Plat price, k Admitted to listing on N. Y. Stock Ex¬ change. nAdmitted to trading N. Y. Curb. YOash sales (not included In year's range). tExllquldatlng dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, vl When Issued, x Ex-dividend, y Ex-rights, s Ex-stock dividend. Included •No par value, tin default. $These bond* gore subject to an Federal taxes. 43 44 (2236) The Commercial and Financial Chronicle THE COURSE OF BANK CLEARINGS Bank clearings this week will show Preliminary figures compiled by us increase an compared with a year based upon telegraphic advices from the chief 9.6% those above the of corresponding week last nummary week in 1949. same gain for the week ended Friday of 13.4%. a for the week follows: + 3,642,079 + 0.4 1,000,000.000 940,000,000 + 3,186,912 2,604,219 5,625,376 6,054,468 Wilkes-Barre- 2,782.013 York Our comparative 5,051,674 _ TELEGRAPH Week Ended May 27— 1950 1949 $7,285,756,498 $6,427,550,344 749,431,343 558,976,915 + 34.1 Philadelphia 959,000,000 837.000.000 + 14.6 416,758,485 + 243,941,143 237,560,200 262,400,000 243,900,000 + 282,760.000 + 8.0 Pittsburgh 325,044,261 293,237,185 + 10.8 Cleveland 326,390,727 286,642,557 Federal Reserve Baltimore 211,541,694 193.198,469 + — 14,924,645 6,449,594 205,368,142 179,128,193 + 14.1 340,947,383 308,005,018 + 10.7 39,044,600 30,949,500 + 26.2 Ten cities five days_. $11,117,681,499 2,284,915,375 $13,610,598,819 West 9.1 •-+ $12,262,499,530 608,440.293 518,914.024 All cities, one day + 5.9 934,832,375 Federal Reserve 841,404,089 +11.1 937,348,455 + 10.2 3,007,001 10,866,000 126,953,354 9,497,000 110,372,476 + 22.6 3,457,736 226,314,557 73,896,206 Total all cities for week $14,002,158,526 $12,781,413,554 2,835,113 178,746,864 66,947,677 8.1 444,494,854 3 70,736,24<] 2,944,651 South Carolina—Charleston. + 17.3 Maryland—Baltimore We cannot furnish are them today, inasmuch elaborate detailed statement, however, which give final and complete results of the week previous ending May 20. For that week there was an increase of week in 1949. same bank clearings at this center having recorded gain of 4.4%. a according to the Federal Reserve Districts in which they it appears that in the New York District are a — the week the Kansas the totals show are we furnish larger Reserve Minneapolis Reserve District of 3.4%. a summary 442,925,443 + 20,579,248 17,085,785 + 20.5 83,495,101 81,973,641 + 260,900,000 234,200,000 4,780,152 17,830,858 4,259,867 1.9 13,054.33! 58,678,65! 218,200,09! 69,482,472 + 11.4 250,100,000 + 12.2 4,354,840 3,758,54! 3,538,913 92,068,442 112,516,667 95,055,210 6,884,602 5,847,585 427,443 514,239 —16.9 370,419 291,27. 132,648,363 135,035,170 1.8 133,111,560 114,257,24' 732,762,521 — 3,657,922 105,992,032 Mobile Louisiana—New Orleans Total (10 cities). Seventh t Federal Reserve 669,697,861 +- 9.4 671,619,087 569,641,21 + 3.3 3,542,187 2,797,10! + 16.2 90,227,875 75,252,50! + 18.4 95,559,601 + 17.7 7,039,275 — — ' 75,851,601 6,599,88' In District—Chicago— Michigan—Ann Arbor__ Grand Rapids Lansing Indiana—Fort Wayne Indianapolis _ in the Atlanta City Reserve District the increase is 8.4%, in the Dallas Reserve District following 7.7 District—Atlanta— Alabama—Birmingham an _ South Bend 1,282,492 1.315.115 1 193.853 +15.7 10,452.292 8.317,209 7,687,821 —27.0 5,430.613 5.454.937 7,123,773 + 10.9 6,343,605 4,725,233 51,089.000 + 19.7 56,556.000 42.056.000 9,069.773 Terre Haute 6,423,953 61.143.000 — _ 8,843,972 + 2.6 6,381,659 4,864,745 2,804,058 Des Moines + 19.6 t t 58,281,296 + 19.0 58,812,722 46 696,577 5,200,773 Iowa—Cedar Rapids 2,344,189 69.375,557 Wisconsin—Milwaukee 3,347,777 55.4 3,805,755 3.033,782 25,141.805 27,165,189 + 34.371.818 26,176,396 + 31.3 14,377.623 13,866.211 + 1,226,339 1,087,321 + 12.8 801,683,691 708,172.533 3,491,342 _ Sioux City__ Chicago _ Decatur by Federal Reserve Districts: 3.0 9,551.984 5.608,547 _ _ 1.245,302 11,053,600 Illinois—Bloomington 11.4% and in the. San Francisco Reserve District 10.3%. In the 2.9 Mississippi—Vicksburg located and from this The Chicago Reserve District has to ihts credit a gain of 14.3%, the St. Louis Reserve District of 5.6% and the Reserve Macon gain of 9.7%, the phia Reserve District of 6.4%. In the Cleveland Reserve District the totals by 9.4%. Federal Flo r Ida—J a cksonville improvement of 4.7%, in the Boston Reserve District of 11.5% and in the Philadel¬ and + + 78,545,856 2,337,103 We group the cities (including this city) by 11.1%, in the Richmond Reserve District by 8.1% 3,4)7,389 219,366,370 478,942,480 (6 cities). Nashville. 7.1%, the aggregate of Outside of this city there was 3,599,018 96,334,006 Georgia—Atlanta. Augusta— clearings for the whole country having amounted to $14,844,122,641 against $13,862,162,441 in the 7.4 0.1 236,177,029 Columbia—Washington Tennessee—Knoxvllle. present further below we + 127,145,972 + the week as has to be estimated. cases 2,671,856 11,698.000 appear not available at time of going to press. Accordingly, in the above the last day of the week in all 733,745,7; 9.6 + Sixth week. 7.7 12,562,000 + 11.0 Complete and exact details for the week covered by the foregoing will issue of next + 11.9 — 127,325,776 Virginia—Norfolk Total Saturday and the Saturday figures 4,602,129 6,577,65? 152,558,865 275,610,705 24,374,20? 4,227,79C 6,688,11? 263.703,415 District—Richmond- Virginia—Huntington District of District 8,419,557 303,850,098 7,305,577 196,030,001 358,662,905 35,173,400 4,998,431 6,464,564 328,713,577 5,150,619 Richmond Total all cities, five days + 131.4 9.5 + 13.7 $9,777,584,155 2,492,917,320 — 714,163,32; 7,769,729 (7 cities) Fifth Other cities, five days 6,396.346 6,017,152 321,677,257 Mansfield Youngstown Pennsylvania—Pittsburgh "Total « District—Cleveland— + 13.9 able to + Cincinnati 7.6 305,343,000 St. Louis— are 1,033,136,034 979,272,424 Cleveland 2.7 + San Francisco we 6.4 1,042,026,319 , Ohio—Canton 7.7 In the 9,083,548 7,067,197 Columbus 448,832,833 Kansas City our 3.2 — ° 926,273 2,252,403 684,000,003 2.838,75,3 4.278,366 2,154,528 3.476,603 5,029,903 + 16.6 8,141,851 ,,/ 7.1 + 21.8 9,205,014 HtW) 6.4 + 22.4 — ' 1,138,891 3,455,038 994,000,000 3,098,606 5,401,947 2,547,295 + 27.1 9,491.265 (11 $ 1,234,749 1,028,860 4.2 3,974,803 8,913,855 Fourth + 13.4 tooston ends — 3.0 % Chicago in — 2,284,556 ; Delaware—Wilmington Total 194? % 3.1 New Jersey—Trenton BY New York 1,079,930 Philadelphia Reading At ; CLEARINGS—RETURNS 1,057,703 1,113.900 3,656.621 Sr.rant.nn total stands at $14,002,158,526 against $12,781,413,554 for the this center there is 1,013,606 Lancaster Our preliminary year. 1,191,097 1.227,801 Chester Saturday, May 27, clearings 1948 Dec. % District—Philadelphia- Pennsylvania—Altoona for all cities of the United States for which it is possible to obtain weekly clearings be Reserve $ Bethlehem cities of the country, indicate that for the week ended will Federal Monday, May 29,1950 1949 % Third . Week Ended May 20 Inc. or 1950 ago. .. . _ Peoria 3.7 11,992,925 11,611,140 ' '. 1,261,795 1 005,921 + 13.2 795,013,837 680.358,477 2.941,789 + 18.7 2,800,645 2,823,352 Week Ended May 20— Federal Reserve Districts 3rd — Philadelphia €th — Chicago 8th St. 10th 7,071,126.514 " 1,042,026,319 979,272,424 San 934.882,375 " 6 498,375,805 + 4.7 8,264, 901,683 6.4 1,033, 136,034 714,163,325 937, 348,455 733,745,753 +11.1 442,925,443 + 8.1 444, 494,854 370.736.240 732,762,521 669.697,861 +- 9.4 671, 619.087 569,641,201 919,262,053 +14.3 1,003, 783,647 " 530,068,398 501,725,289 + 5.6 520, 771,094 387,119,954 374.382,130 + 3.4 369, 476,635 310,132,517 " 489,417,521 451,501,949 + 8.4 518 ,783,813 422,786,630 6 " 356.714.308 311,241,575 + 11.4 318, 065,1743 239,357,345 " 834,494,620 756,558,613 +10.3 766, 433,517 653,355,066 14.844,122,641 13,862,162,441 + 7.1 14,457,539,804 12,100,602,384 7,718,663,251 Total 7,037,374,983 + 9.7 7,476,063,070 6,006,037,754 1,050,637,628 112 cities York 3 739,323 3,351,122 1,050,637,628 919,262,053 + 14.3 1,003,783,647 856,319,571 Total (17 cities) City add now week ended detailed our statement Louis 296,900.000 280.900,000 + 5.7 Kentucky—Louisville 129.756,755 129,567.372 + Tennessee—Memphis Illinois—Quincy 101.093,591 89,441,175 2,318,052 1,816,742 530,068,398 501,725.289 Total (4 cities). Ninth Federal Reserve $ Reserve $ Inc. May 20 or Dec. % 1947 $ 1,453,068 % 3.9 1.940,634 1,460,676 + 10.1 4,428.877 4,005,068 422,711,754 + 4.132,101 Fall River— — — Ixwell New Bedford + 11.5 517,647.718 1,907,346 + 0.3 2,129,888 945,273 Massachusetts—Boston 454.044,432 1,912,215 — 3.753.064 506,446,776 _ 877,201 + 7.8 802,088 1,628,817 . 677,323 2.209,863 Springfield 1,944,641 7,893,813 5,408.031 + 19.5 5,679,677 North 2.1 26,421,781 20,754,183 + JNew District—New York—Albany 10,778,245 + 15.2 11,302.280 9,311,890 + 12.4 27,090,900 23,544.900 1,269,597 + 28.9 1,442,945 1.209,815 + 11.5 608,725,242 498,375,805 30,524.337 + 15.3 2,967.482 84.793.632 + 10.6 1,668.026 + 20.0 1,744,926 1,227,807 2,409.585 1.907,519 + 26.3 1,877,985 1,746,719 7,125,459.390 ^ 6.5 2.978,648 2.001.287 New York— 17.040.650 93.792.470 Jamestown 6,824.787,458 4.4 7,981,476,734 6,094,564,630 — + 94,347,279 - 13,748.504 2,440.813 81,567,189 Jersey—Montclair Newark— 20.078.387 + 14.9 18,902,610 16,227,946 13,682.654 + 8.3 13.161,542 9.365.6C6 15.613,547 13.878.515 + 12.5 14,891.619 12,675,576 801,972 723,211 + 10.1 696,917 538,410 44,940,021 Northern New Jersey 40.028.776 + 12.3 44,983,491 59.370,214 258,919,068 5,543.931 209,372/293 82,489,900 76,729,039 0.7 6,108,271 3.867,943 Montana—Billings 3,265,645 3,454,671 Helena 8,810,848 8,992,723 387,119,95 4 374,382,130 . Federal Reserve District—Kansas 2.0 8,192,939 5,116,241 3.139,81$ 2.305,845 7,925,36a 3.4 — 369,476,635 310,132,517 —12.2 3,760,862 5.5 3,253,9-78 — — + City583,884 422,817 + 47.5 539.989 —15.5 559,076 474,32$ 6,775,850 6.7 6,631,069 122,951,233 Omaha 399,178 455,144 7,232,102 Hastings Lincoln 116,018,724 5,32.9,921 105,281,889 5,963,621 8,572,466 + 520,652 + 19.6 13,005,026 6.8 360,650,706 8,969,353 + 17.1 10,414,446 2,375,665 2,337,963 + 1.6 2,112,365 1,464,499 2,619,151 1,929,244 + 35.8 1,940,568 1.301,967 489,417,521 Total (10 cities) + 18.3 10,427,601 302,018,490 10,500,922 Pueblo. + 10.1 6,434,437 322,610,552 Missouri—Kansas City St. Joseph Colorado—Colorado 8prlngs 111,569,844 7,612,530 12,470,338 Wichita__ 451,501,949 8.4 518,783,813 422,786,630 Federal + 6,931,181 284.463,275 9,511.851 + Reserve District—Dallas— Texas—Austin. 8,557,698 5,720,239 + 49.6 7,085,724 5.719,810 298,547,798 263,957,274 + 13.1 263,304,000 28,198.506 22,129,97) + 27.4 27,442,190 5,537,000 Total (6 cities) 5.4 6,341,000 3,708,527 + 45.1 4,126,476 9,817,565 + 6.4 9,776,353 196,061,000 21,711,672. 4,940,000 2,904,045 8,020.817 356,714,308 Galveston Wichita Falls. 5,908,000 5,381,934 10,441,372 Fort Worth. 311,241.575 + 11.4 318,065,743 239,357,345 Twelfth Federal Reserve District—San Washington—Seattle. — + 19.8 59.326.761 47 342.045 3,071,126,514 {$ 4,7 8,264,001,683 Francisco 8.321.669 3.783,129 —12.2 3.344.705 170.381 3.052,423 166,780.839 148.301.877 Utah—Salt Lake City + 12.5 137.432 031 102,044.342 66.308.408 57/904,071 + 14.5 59,922.774 45 California—Long Beach 16.423,482 13,102,935 + 25.3 10.447,651 8 11,374.610 9,136,093 + 24.5 7,821,656 4,207,714,778 385,929,528 + 9.0 417,172,340 369 11.716.677 10.869,443 + 7.8 10,505.279 9 4.357.871 3,762.918 +-15.8 3,868,954 3 9.834,288 8,076,260 + 22.3 8,772,959 834,494,620 756,558.613 +10.3 766,433,517 14.844,122.641 13.862.162.441 7.1 14,457,539,804 7,718,663,251 7,037,374.983 9.7 7,476,063,070 Yakima M Oregon—Portlam PasadenaSan Jose. Santa Barbara- Stockton Total (10 cities). 123,611,998 34,299,385 49,554.038 Total (12 cities) 6,751,617 3.2 6.0 6,198.050 San Francisco. 23,066,474 14,813,561 Syracuse___„ Connecticut—Stamford. New 543.064,501 3,433,226 Elmira 1.4 + — York- 15,928,483 — Buffalo Rochester 416,244,241 + 3,396.982 Dallas 27,094.000 605,426,687 Binghamton_l— 520,771,094 5,951,160 6,155,528 Eleventh 30.433,100 ;- Total 12 cities) Reserve 5.6 90,981,689 Dakota—Fargo Louisia n a—Shreveport. Federal 1,767,249 + 254,925,894 South Dakota—Aberdeen 4,329,266 27,415.745 1,637,010 . Hampshire—Manchester Second 2,072,058 7,111,145 12,417.726 Jtlhode Island—Providence 27.6 96,470,197 1 1,631,863 + 23.6 6,464,411 </ .— New Haven— + 22.2 7,250,08? 27,989,012 Worcester. 1.808,640 9,324,430 ——„ Connecticut—Hartford- 68 319.518 + 5,880,617 St. Paul Kansas—Topeka. 1,514,770 — Portland 96 657.483 86,800.285 263,140,137 Minneapolis Nebraska—Fremont1943 District—Boston— Maine—Bangor Wew 1949 at— Federal 249 500,009 123,498,751 District—Minneapolis- Minnesota—Duluth Tenth Week Ended First 308,400,000 0.1 + 13.0 showing the figures for each city for the May 20 for four years: 1950 Clearings 951,156 Eighth Federal Reserve District—St. Louis— Missouri—St. Total (7 cities). We 2 416.244.241 " 10 — 10,322,681 4,610,243 + 10.1 856,319,571 7 L Franicsco 10,513.514 + 38.0 3,201.952 6,315,744,690 + " - - + 24.8 4.362,034 3,526,792 $ 608, 725,242 17 , City Outside New 841,404.089 $ +11.5 478,942,480 " 10 11th Dallas—————— 12th " Dec. % 1947 10 Louis Kansas 543.064,501 7,401,630,330 1948 or 4 — 9th Minneapolis . 605,426,687 " ——— Atlanta 7th $ Inc. 12 -7 Richmond 1949 10,638.523 6.021.791 Springfield CLEARINGS 11 York- 4th Cleveland 5th $ -12 cities New BANK 1950 1st Boston 2nd OF 13.271,659 Rockford. SUMMARY 401,630,33a Grand Total (112 cities). Outside New York. 8,315,744,693 •Estimated. LNot available. 115,692,359 + 6.8 97 107,145.168 075.25$ 661.125 6,068.416 8 519.309 840,543 804.327 118.943 653,355,066 12.100 602,38$ nnc 037.75$ a Number 4911... . The Commercial and Financial Chronicle 171 Volume Foreign Exchange Rates . 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 bel°w. aj record?for the week just passed: ' * * the * BANEf FOREIGN1 EXCHANGE RATES-CERTIFIED, BY FEDERAL RESERVE * tf' i.■ May 19, • j TO TREASURY UNDER TARIFF ACT OF X930 1950. INCLUSIVE 1950 TO MAY 25, 1st May 20 * Argentina, peso— n .297778* Basic .174562* .174562* .174562* .138958*'; Closed 2.231573 r .0544060 .909090 —-— Mexico, peso .900625 .208500 .208500 .0200600 .0200600 .0200600 .144938* .144938* .144938* .144938* 1st mortgage pipe line bonds, 3% Tide Water Associated Oil Co., $3.75 Union Oil Co. of California— » .900625 Southern 3% > .00286000 .00285937 .00285859 .00285937 :• .208700 .208700 .208700 .208700 .115653 .115653 .115653 .262637 : Closed ■'< .262600 .262650 .262685 2.772896 2.772896 .140154* .140154* .496125 k .496125 .496250 .496250 .496166 .0346000 »• .0346083 .0345928 .0345964 .0345821 .327358 .328400 .328250 .328250 .140154* .140154* .193329* .193329* .193329* .193329* .232800 .232900 .232850 2.783750 2.783750 2.783750 2.783750 2.800742 2.800742 2.800742 2.800742 .193329* .232950 f : Closed 2.783750 » 2.800742 ^ ENTIRE .658327*t .658327*t .658327*t ,561797*t - . Statement of Condition of the 12 Federal ^561797** t .561797*t .561797*t ,425531*t .425531*'t .425531*t thousands of Increase (+) or decrease (-—) since May 24, 1950 May 17, , Total gold ctf., reserves Otijer cash ——w—. 14,001; — 521,590 . „-i — — 17,056 +' . — — 26,620 + 2,585 1 6,319 + 106,090 _ 3,055 — 23,021,021* 211,172 advances- -r ^ 30,000 — 44 • : 3,995,875 Certificates a. + , 5,814,650 ;I + 65,548 95,548 outside of New York City and $25,000,000 65,694 -65,100 1,958 5,800 — 217,760 933,150 56,400 110,500 —2,401,110 * —2,464,252 — \,';i .< - Due from — V 17,398,700 foreign banks F, R. Notes of other Uncollected items 29 banks.. Total + 137 3,751 + — ,4U73 —2,320,072 697,923 ~ — ' '/• ' *' ^ \ ■ ; ■ Treasurer—gen.- O.'- f ; May 17, Loans—net 83,194 — 15,922,110 acct._ 428,221 - 201,241 __ s 969,258 ■ ■ __ + 5,419 — liab., incl. accrued • 17,595,899 2,360,373 ^err1? ,avallability Ite'ms— Other divs. U. .Z and 486,649 219,048 U. Government S, — + 374,640 2,007 42,683,902 l — 702,122 Capital Accounts— Total liabilities of goI<1 serves, to 147,045 accts. 43,562,471 on + 11,347 21,462 + — + 4,158 17,005 Cash in + 0.4% + 3.2% 5,426 + — 41 — 14 — 339 1,081 Condition Statement £. , j deposits credited to domestic banks. industrial, and agricultural loans inresiiiR rZs*x districts and decreased in the other six,1 hp8"1 a net increase of $14,000,000 at all reporting $2? nnn A/Slan^s» principal changes were increases of thpGi '00? in Chicago District and $20,000,000 in anc* District, and a decrease of $18,000,000 in to brokers and uC«.i«a for purVU uiurvcia mm dealers xvx nr or 115 18 34 836 2,385 228 4,418 102 5,731 25 + 24,136 53 — — 116 — 480 — ^ • - .i. carrying United States Government securities ■ 1st 22 « 1952... .July 1 * -July 1 1996 -July 14 Puget Sound Power & Light Co., $5 prior pref, stock. -May 31 2101 mortgage Porto Rico Pratt 3y«% bonds, due 1978— Co., 1st mtge. 6s, due Gas & Coke Coal Consolidated Co.— .Jun * • 5% 1st mortgage bonds, due 1955—— Service Electric & Gas Co.— 1st and refund, mortgage .3 Va % bonds, due — Public Robertshaw-Fulton Controls 1966 4%% cumulative convertible preferred Rochester Gas & Electric Corp.— stock—.—. -July ! 1996 .May 29 4%% preferred stock, series G— Bt. Louis Southwestern Ry.— 1787 General and ref. mtge. 5% bonds, series A, due 1990i.July Staten Island Edison Corp., 4.90% preferred stock .Jun 10 East 40th Street Building, Inc.— 6% non-cumulative 1890 Co.— Income debentures, due 1958 1672 1 1 1891 1 1789 1 Jun Tide Water Associated Oil Co., $3.75 preferred stock.. .July 2103 in this issue. (Continued from page Company + 8 2,349 198 + 268 + — 1,545 61 46,942 — : 1,126 3 241 2,241 424 1,050 9,107 209 986 1,259 6 68 235 65 479 15,492 . 5% non-cum. preferred (quar.) Radiator & Standard sanitary Corp., common 7% -preferred (quar.) American Shipbuilding Co., common 7% non-cum. preferred (annual) American Smelting & Refining Co., common. $1.25 -r -- ' American Steel Foundries 6-10 6- 2 $1.75 6- 1 5-24 $1 6-14 6- 1 $7 6-14 6- 1 750 7% , Increased • ■ + . . i bonds, notes, Date Philadelphia Transportation Co.— Consol. mortgage 3%-6% bonds, series A, due 2039—Jun 15 Pittsburgh, Youngstcwn & Ashtabula Ry.— 390 Fifth«Avenue Corp.— 3Va% 1st mortgage leasehold bonds 7- 3 6- 5 7-1 7-15 6- 9 $2.25 $1.75 7-14 7- 1* $1 75c 6-15 7-5 6-26 $2.25 7- 5 6-26 30c 6- 1 8- 1 7-21 11- 1 10-21 $1.50 1-31-51 1-20 $1.50 25c 6-30 ' Page 6- 1 5*16 $15c 6-1 5-10 7- May31 ——Jun 20 • com. - conv. conv. Class 5-10 5-15 6-1 4-28 6- 1 7- 6-15 6- $1.25 , 4-28 1 6-15 30c 1 75c .... ... 6-15 65c 93%c $1 (Increased) 1 5- 8 6-15 6- 1 6-15 6- 6- 5-17 1 7- 1 6-17 25c 7- 1 <6-17 59%c 7- i 6-17 56y4C 6- 1 5-20 7- 1 6-1S 25c — —... (quar.) preferred (quar.) preferred (qaar.) preferred (quar.).^ Artloom Carpet Co. (quar.) Asbestos Corp., Ltd. (quar.) Extra 1 $$1.12Mi — 6% 6-17 6- 6-15 $150 ... (quar.) Armstrong Rubber, class A (quar.) Class B (quar.)—........ 4%% preferred (quar.) Aro Equipment Corp., 4y»% pfd. Artkraft Mfg., • 6% 6-10 75c (auar.) 63.75 preferred (quar.)— $4 preferred (quar.) conv. 4-24 15c preferred 6% 5-31 1 6-30 6- 1 50c —— 7 6- loc ... (quar.). .1 Armco Steel Corp. (increased) Armstrong Cork Company, com. $5 Ashdown 1996 Co., 6-16 t20o ... ... convertible preference 6- 1* $1.50 products, 6% preferred (quar.) 6% preferred (quar.) 6% preferred (quar.) Anderson-Prichard Oil (quar.)—— Andian National Corp., Ltd..: Anglo-Canadian Telephone Co.— Class A (quar.) Anglo-Newfoundland Development Co., Ltd.. Anheuser-Busch, Inc. (quar.)., Applied Arts^ Corp. 4M»% 5-31 5-10 1 Co.— — Arizona Edison 6-15 7- 1 6- 75o (quar.) Argo Oil Corp. (quar.), ; Argus Corp., Ltd., common.—. TENDER Company and Issue— MJen**-mortgage bonds 6- 5 12 Vac Co. Arden Farms Co., $3 partlc. pfd. and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." OF 7- 3 American Archer-Daniels-Midland tenders, NOTICE 6- 2 $1.50 (quar.)——...—— Surety Company (N. Y.) — semi-annual———.— American Telephone & Telegraph (quar.) American Thread Co., Inc., 5% pfd. (s-a)_ 1 $1.75 preferred 5-25 7- $1 American Sugar Refining, common (quar.). Common stock being put on a quarterly basis beginning with this payment 5-5 6-15 50c — 5-31 60c ... (quar.) — *t : 6-24 — accounts, except Govt, accounts, 22,836 - 6-20 250 — — r—* S. Holders American 7% preferred (quar.) $4 preferred (quar.) Amoskeag Company, common (s-a) $4.50 preferred (s-a)_. Ampco Metal, 6% preferred (s-a)— 18 —-— U. When Payable of Rec. American President Lines, Ltd.— 1,188 10 160 — except Government—...... — 12) Share Anchor Post and • Oklahoma Gas & Electric Co.— Woolen 769 vjeek J r American 5,594 Below will be found a list of corporate . ■ 1,783 preferred and common stocks called for redemption, including those called under sinking fund provisions. The date' indicates the redemption or last date for mak¬ - 2099 ... Tobacco Notices 4 1461 1st mortgage bonds, due 1976, 1978 and 1979. .Jun 24 Ohio Public Service Co., serial notes for 1951-1956...... .Jun 24 American 11,893 Banks.. . — - 1993 1668 Ohio Public Service Co.— 4,764 Redemption Calls and Sinking Fund ing crS^frcial,, QQasinp •g 475 358 — 'banks _ ei)jJ ^.following;principal changes for the week Tjnjff May 17: Increases of $358,000,000 in holdings of servo at®s Government securities, $160,000,000 in re¬ in TTn-+ iaiices with Federal Reserve Banl^s, $424,000,000 in States Government deposits, and $209,000,000 City.„ Loans —— Debits to demand deposit - of Member Banks bani!e c5nditi°n statement of weekly reporting member shnw °+tthe federal - Reserve System in leading cities : 67 23 1,972 deposits adjusted Interbank . 54 3 13 36,257 of indebtedness— U. S. Government deposits—— during oh. ' Liabilities- Foreign 1047 —— American Stores Co. — — Borrowings Ne 457 140 488 4,564 —305 .— Domestic bahks 1,292 emand 469 28 Interbank demand deposits: accept¬ correspondents , 368 — . Balance with domestic banks purchased for foreign u 14 + 167 or carrying: obligations.. ——— vault Time deposits, 57.1% 1,059 547 obligations with Federal Reserve Reserve Demand R .+ 4,708 Other securities .-4 « ... loans bills 1884 — —.—— Treasury notes U. S. bohds —2,320,072 697,923 re¬ combined.— liability + 27,543 I certificate deposit and F Co®?}® "abilities cuntingent ances & cap. 41 + 215,808 488,173 972 70 pur- Government securities—Total——_ Treasury —2,369,886 ' S. 1991 mm — — — — Loans to banks Other 2038 30 Corp., class A stock ——m .Jun Delaware Apartments, Inc.— 2nd mortgage income bonds, dated 1936—— ■Jun 1 Guantamo Sugar Co., $5 cumulative preferred stock... .Jun 30 Upton (Thomas J.), Inc., 6% preferred stock .July 1 Ut Brothers, 6% cumulative preferred stock———. .Jun 5 Marion Water Co., 7% preferred stock.. .July 1 Mt. Vernon-Woodberry Mills, Inc., prior pfd. stock .Jun 20 „per 4,545 70 13,379 for dealers estate loans. Real * 1 • 1,101 Government Treasury" certificates Capital paid in Surplus (Section 7)—. Surplus (Section 13b) Z Other capital accounts.. 1998 CALLED ISSUE Coca-Cola International Name of Other loans for purchasing —2,076,266 + 232,548 + 2,249 246,355 15,127 ■ 1 1 DIVIDENDS carrying: or S. 298 + 24,848 Other securities 239,307 U. Total liabilities 1674 Fage or dollars) of 25,232 ——— -• chasing —2,104,560 — 52,919 • + 1 2,386 + ■— 276,310 deposits 1892 16 Date •Announcement industrial, and agricultural brokers to Loans 528,417 66,699 *—- Loans—gross 1 __ 2103 1 8 stock... .Jun stock- .Jun 30 1949 1950 millions (In Loans and Investments—Total Other securities Total 1 series, due preferred stock... .July American Gas & Electric Co., 4%% cum. pfd. Beneficial Industrial Loan Corp., $4 preferred May 18, May 10, 1950 Z'"; 'loans Foreign 1892 Dec. (—) Since ^,v;-. . Assets— ^ Deposits: , : , Member bank—reserve acet. 1891 1 • Inc. ( + ) ■-. - Commercial, 22,712,503 f . .. 331,996 2,430 + + > 43,562,471 Liabilities—; 1 1969... .Jun of the assets and liabilities of reporting summary member banks follows: 12,589 608,197 — 34,867 140,307 Federal Reserve notes Other + .... ,i_ assets U. S. 2,644,879 . .... Bank premises Other assets 959 + . Borrowings decreased $91,000,000 in New York City. 20 — 111,496 _ - A 17,290,025 ' Total loans and securities.:. in the Kansas City District, and decreased $58,000,000 in the Boston District; sthe net increase at all reporting member banks was $61,000,000. United States Government deposits in¬ creased rin all districts. Demand deposits credited to domesti<ibanks increased in most of the districts. +1,266,100 —2,516,300 83,836 5,854,300 securities. 43,500 + 1,625,200 Bonds 103,400 — City and $71,000,000 in Chicago, and decreased $31,000,000 in the Boston District; there was a net in¬ crease of $228,000,000 at all reporting member banks. Holdings, of Treasury certificates of indebtedness in¬ creased $72,000,000 in New York City and a total of $102,000,000 at all reporting member banks. #Holdings of United Sifcates Government bonds increased $53,000,000. Demarid deposits adjusted increased $65,000,000 in the Cleveland District, $35,000,000 in the New York District : — Total U. S. Govt, v' .*■ R. qotes Industrial loans U. S. Govt, securities: ; 1949 $ 22,499,431 F. May 25, 1950 " $ . in New York dollars) :* decrease^ $167,000,000 of which $153,000,000 was in New City; "Other loans" increased $34,000,000. York Holdings of Treasury bills increased $74,000,000 Reserve Banks Combined for .Jun due 1968 Company and Issue— .658327*t .425531*t * .561797*t - .232866 - v.;v —— Co.— _—, ^Application depends upon type of merchandise. fund 1890 1395 . .327358 .425531*t : Gas .Jun debentures, due June 1, 1970i Virginian Railway— . 1st Uen Jc ref. mtge. 3V*% bonds, series C, due 1973. .jun Westlnghouse Electric Corp.— 2.65% 25-year debentures, due 1973— -July Wheeling Steel Corp.— 1st mortgage 3 V* % bonds, series D, due 1967 .July Wilson & Co., Inc., 1st mortgage 3% bonds, due 1958.. .Jun .262657 2.772896 * Natural 1st mortgage pipe line s. f, bonds, Gas Transmission Co.— 2% % 2.772896 r .140154* —— (In -Jun — Tennessee .658327*t —— - 1979 1st and ref. mortgage Revere Copper & Brass, ►>. .115613 Uruguay, p.epo Notes 11890 due .208500 2.772896 Uruguay, peso—— Rills 1889 1 bonds, 2V* % series, due 1979. .Jun Inc., 5 V* % preferred stock.., .Jun 30 Sherwin-Williams Co., 4% cumulative preferred stock.. .Jun l (Wis.)— bonds, Public Service Electrio & Gas Co.—. .208700 Switzerland, franc —— Union of South Africa, pound— United Kingdom, pound sterling Discounts, and 1995 1 mortgage 3 % .901250 Portugal, Redemption l 1st .115640 escudo Straits Settlements,- dollar——. Sweden, krona ——1-- 1888 2099 .0200600 .00286000 Netherlands, guilder —: Zealand, pound— Norway, krone Philippine Islands, peso— 1359 i .901250 .144938* •*—' * 1994 Service Inc.— .909090 .909090 .909090 Public .208500 — New Gold certificates 1887 .0200600 ———r— Assets— 1887 2 .208500 (Metropolitan), franc— t 6 .901875 Dominion of, rupee ♦Nominal. 2nd preferred stock, series A. .Jun bonds; ser. A & B .Jun 4% .0544060 1 .909090 • 1994 Northern States Power Co. .0199125 '4 ".0199160 .0544060 .0544060 1784 1885 15 ......— -—r. mortgage 3 y«% bonds, due 1974—i —— .July North 8hore Gas Co., 1st mtge. 4V*% bonds, due 1961. .Jun 2.231573 2.231573 .0199125 1784 .Jun 1961.— 1st .138958* .138958* .138958* 2.231573 :r .0199125 1986 mortgage 2% % New Orleans -• Czechoslovakia,; koruna., Denmark, krone"-—— Uruguay, peso .206949* .0544060 — France ..297778* .206949* .174562* ' .297778* .206949* .0199250 Ceylon, rupee —-—-—■——---• India, $ .297778* Pico Jun 19 bonds, due 1979..., ..... Mead Corp., 3% 1st mortgage bonds, due 1966.——.. .Jun l Minnesota Transfer Ry.— 1st mortgage 3%% bonds, dated 1936—.—-,—— .Jun l New England Electric System, 3% debs., due 1967— .Jun 1 May 25 May 24 .206949* 2.231573 ---• May 23 .297778* v- .174562* Official-—-—— Free r $ . -.138958* Australia, pound —-1 Belgium, franc: —T-^ Brazil, cruzeiro _—: dollar— ■' .206949* preferential A preferential "B" Special--—— Canada, May 22 ; $ , . due Kansas City Southern Ry., 1st mtge. Kansas Power & Light Co.— Money May 19 debentures Johnson & Johnson, Noon Bujdng Rate for Cable Transfers in New York Value in United States and Monetary Unit Date Chesapeake & Ohio Ry.— Ref. and lmprov. mtge. 3% % bonds, ser. H, due 1973 .Jun 1 Eastern New York Power Corp.— 1st mortgage 3V«% bonds, due 1961..Jun 1 Florida Power Corp., 4.90% cumulative preferred stock. .May 31 Fort Street Union Depot Co.*~ 1st mortgage 3%& bonds, due 1965—— .Jun 1 Hudson Pulp & Paper Corp., 3%% debentures, due 1966 July 1 International Rys. of Central America— 4% Country PARTIAL REDEMPTION . . Company and Issue— ); to 45 (2237) — . 7%o 7Vic 7Vic 25c $30c $100 - 10- 1 9-15 1-2-51 12-15 6- I 5-19 6-30 6-8 6-30 6- 8 7- 1 6-10 (J. H.) Hardware Co., Ltd.— A (quar.) Corporation ^ ... Asplnook Associated Dry Goods Corp., com. (quar.) 6% 1st preferred (quar.)..—.... 7% 2nd preferred (quar.)...—. $!5c 25c 6-15 "40c $1.50 6- X $1.75 6- 1 6- 1 6> . I 5-12 5-12 5-12 ' < t 46 Per Name of Associated i," Company Electrical Ordinary Name 0/ Company Payable of Rec. registered alO% (final) 1st preferred (accum.) 1st preferred (accum.) 7% Associated Atchison, Topeka Gas Atlanta 4%% Corp. Spring Investment Associates 6-14 5-16 & Light Santa Co., preferred Fe Ry. (quar.)- (quar.) common (quar.) Atlantic Coast Line Co. (Conn.)^_. Atlantic 1 Gulf Indies West & Atlas j'i 5 Ye Series Atlas Automotive Gear Aran Allied (increased preferred 6-20 6-15 ?* Bank {.; of America Association —— 6- 1 5-15 California 5-29 6-15 California 6- 40c 6-16 7- $1.06 6-13 Bassett Furniture Industries Class I« A ; i' 5-29 5-23 35c 7-2 $1,18% 6- 1 Canadian Canadian 7- 3 5-31 25c 6- $3-.-. 1 5-15 6-15 6- 6-13 1 7-31 ' " 6- r 1 Canadian Malartic Canadian 25c 5-12 25c 6-22 6- ' 6-20 6-1 of Baok of Barden beneficial the Month Club, Company Baston & of America— Interest Inc. ' ' (s-a) 6-13 (quar.) (quar.). Albany 60c Baston Woven Hose & * €% £■ * preferred ■ Bower 6-24 6-30 6- 9 7- 4 common (quar.). 6-15 6- 6- 1 1 4% 5-15 ! 7-15 7- 6-7 $$0.234375 7- 3 6-7 6% 6% & 7-10 6- 1 Central Steel 6- 1 6% (s-a) $15c 8-1 6-30 {:• , Brown Rubber Brown k Co. Manufacturing Co., preferred preferred 1 8-18 6-1 5-5 6-10 Common 5-20 ' 25c - " 1 6- 1 5-19 Chatham 50c 6- 1 5-15 .Class 90c 4-30 5-11 7-31 7-14 .. $30c Incubator^ Common 5-19 5-19 6-15 6- 7- 1 6-20 6- 1 1 5% *'' 30c 6-13 6-15 6-1 5c 20c 20c 9- 1 1 . 5-15 6-15 6-15 6-19 6-1 6-22 5-15 5-29 6-20 7- 1 6-12 1 6-12 7- 6-10 6- 5-31 5-15 7-31 7-15 1 20c 6- 1 5-12 27%c 6- 1 5-12 59c 6- 1 5-12 62%c 6- 1 5-12 2c quar.) 6- 1 5-15 Co., 1 common 40c 7- Connohlo, Inc., preferred 5-19 5-19 5-15 25c 6- 1 5- 8 25c 6- ' ■ (quar.)— Co. Co. common Edison preferred Co. 55c Co., 6-23 6- 2 7- 1 6-16 5-31 5-15 30c $1 6-30 6-17 30c common- 6-30 6-10 87 %c 7- 1 6-10 $1.15 7- 1 6-10 7- (quar.) $1.50 (quar.) 6-10 5-31 4-28 25c Corp. (quar.) Co., common 1 22%c West 6-13 6-12 6-13 6- 7- 1 6-15 7- 1 6-15 75c _____? 2 (quar.) $1.04 Mills, of Inc. America $1.19 10c * 6-14 6- 15c 6-15 6- 1 10c (quar.) (quar.) 6-15 6- 2 * 2 60c 6- 1 5-13 $1.12% 7- 1 6-14 $3.50 6- 1 5-15 20c 6- . -$1.25 I $3 preference Medical & Arts 25c 6- 2 1 5-18 > Commercial 7-7 6-23 1 6- 2 6-23 6- 2 75c „ 6-1 5-15 37 %c $2%c 10c 6-15 " 75c (quar.) «» 10c 10c Corp. Chicago* Rock Island & Pacific RR., v 5-15 6-15 , 5-ia , 5-26 25c 6-15 6- 1 6-30 6- 1 30c 7- 1 6-15 53c 7- 25c $50c 5-18 5-29 5-19 1 6-13 $20c 6- 1 5-15 6- 1 5-1# 6- 1 5- 1 6-15 5-31 4-28 7- 1 6- 9 $1.13 7- 1 6- 9 $1 ,6-1 30c 6-30 6-15 62%c 40c ' 93%c (quar.) 5-31 5-19 6-15 5-25* 6-15* 7- 1 6- 1 , 50c; 5-15 6- 1 31(4c 6- 1 $1.13 7- 1 6-15 6-13 6-15 5-24 6- 1 6-15 «- 1 Oil Corp. 4%% (quar.)_ pfd. (quar.)—— Co. (Del.): Continental Steel Corp. (increased quar.)— Cook Coffee Co. (Initial) Cook Paint & Varnish, common (quar.) $3 prior preference $1^ 35c 25c Steel 50c conv. Co., preferred com. $5.25 preferred Corroon & A 10c -5/<j preferred 6-10 $1.31(4 7-15 7- 1 (quar.) (quar.) 25c ^ preferred $$1.25 pfd. (s-a) 93^40 (quar.) Corp Crown Capital Corp., class A___ 6-30 6-15 Crown 6-30' 6-13 International (quar.) $1.50 * r - > . - — - " 7c - 5-15 6-15 6- 9 ; 1 6- 9 5-31 5-15 6? 5 6- 5 5-20 5-22 5-18» 6- 1 6- 1 5-25 6-22 6-22 5-13 5-13 5-15 6- 1 5-19 6- 1 5-15 <v ,:V 26c Crown Cork & Seal Co.; Inc.; $2 pfd.' (quar.) - -i 75c ' Corp.— 6- 1 25c' *- Crompton & Knowles Loom Works.— A 6- 1 6-1 $37%c common— 6-15 Cork 6-10 20c . 5-31 Class 6-10 30c _ (quar.) Company, 3a/4% 6-12 62%c Crampton Manufacturing Co., 5% Petroleum ' common Corrugated Paper Box Co., Ltd., Crane 6-1 6-10 20c (quar.) Corp., Reynolds, $1 pfd. 6-19 $1 (quar.) Dubilier Electric 6- 1 6-19 75c — 5-15 6- 1 1 $15c ! 5-10 6- 75c Bay Lumber Co ; Copeland Refrigeration Corp Copper Range Co. (quar.) Copperweld • 25c (quar.) Cooksville Co., Ltd., class A 60c (quar.) Cooper Bessemer Corp., com. (quar.)_„ S3 prior preferred Creole 6-13 5-31 183/4C ; 9 6-30^ 9-20 10- 1 $1.12% ; 6-30 $1.25 6-20 6-20 1 $37%c 6- * 75c 5-10 7- 1 f *_ 40c (quar.)—— 6-15 3DC com 6- 5 6- 1 5-13 7- 7- 12%c Y. 6- 1 1 6- 1 v 10c < 6- 1 1 6-15 - $1.50 (quar.). 6-30 30c - 1 6- 7 6-20 * - 56(4c pfd. 6- 6-15 - — $1.75 Building v 9- 9 12-9 Continental Gin Co., Continental 5% 6- 9-15 12-15 6-15 Cornell 5-20 6-10 6-15; 10c 5-20 8-1 • $$2 Continental Copper & Steel Industries, Inc.— 5% preferred (quar.) 5-22 6-20 6- ;4Qc . ... 62V2c preferred-series A (quar.) 5-22 5-23 6-15 — Company, $2.50 pfd Continental 5-20 50c (quar.) (accum.) Lumber 1 6-15 Ltd.— $3.75 preferred (quar.): Continental Casualty Co. 1 6-1 5-22 $1 22%c " (Initial) (interim) 1 $1 1 6- "30c 4% preferred (quar.) Continental Assurance Co. (quar.) Continental Can Co., com. 6- 50c 5-18 6- -, (Toronto)— $4.52 preferred (quar.)__ Container Corp. of America 6- 87%c 1 tl2c Theatres, class A (lrreg.) 2%c (resumed) 5-31 6- < $50c Consolidated 2%c (quar.) 6- 9 — Coos (s-a). 5-19 6-24 . 15c (s-a) 6- $1.12% , (Louis¬ - N. $1.25 (quar.)_ 9-31 6-15 25c Co.—— Co. Consumers Glass Co., Ltd Consumers Power Co.— $4.50 preferred (quar.)_ common 10- 9 *6-1 ' (irreg.).— (quar.)—. Consolidated Gas Utilities Corp. <quar.)__ Consolidated Laundries Corp. (quar.) Consolidated Lithograph Mfg. Co., Ltd Consolidated Paper Co. (quar.) Consolidated Retail Storps, com. (quar.).... 4(4% preferred (quar.)., Consolidated Textile Mills, Ltd Consolidated Consumers 1 '"5-15 , 6-15 6- 6-10 $5 common— 6-15 5-15 5-19 5-19 25c "" 6% 6-15 4-29 2 2 (Ohio) (quar.) Power, 1 1 5-15 66- 50c — (quar.) 1 6-30 1 40c 40c class A (quar.)____ 7- 5-31 5-10 1 new com. 7- 25c 1 1 (Wis.) 37%c (quar.).. 6- 1 . (quar.) preferred (quar,) Consolidated Coppermlnes 50c 6- 2 6- 40c 5% 6-13 9 10c 5-15 1 5-26 = 6- 50c 1 Extra 5-29 7- 6-30 $1 Connecticut Light & Power—,— 1 6-10 6-12 87%c Coniaurum Mines, Ltd. Connecticut Investment Management Corp.— Semi-annual !_!___ 1 25c Chicago. Mill 5% 5-26 6- Stamping Inc. 6- $50c (quar.) Wire preferred Extra 2 5- 1 $$2 6- $$1 Manufacturing Co., class A (quar.) Corp., Chicago 6- I t$2 Quarterly Congoleum-Nairn, 6-12 75c (increased) 6-1 , 8- 1 11- 1 25c , River Chicago Great Western Ry.— , J & Co. B Chicago 1 1 Quarterly 40c 6-30 6- Quarterly Connecticut .. $3 6- , 10-20 25c Extra 1 5c Co. i 1 6- 45c - common- 6- 25c * (sra)— ii 5-15 $1.25 common ___— Buckeye Pipe Libe Company ^ 6-15 6-15 12 %c (quar.) Buck Creek Oil Co. 6-15 6-15 28%c common- (quar,) 6-15 r 6-14 9- Corp. $1.12 » 4%. $7%c Mills l 58%c preferred (quar.) Chesapeake & Ohio Ry., common 3%% preferred (quar.) Chesebrough Mfg. Co. (quar.) . & Publications 11- (quar.)__ -$4.50 preferred (quar.)... Chapman Valve Mfg., 7% preferred Charts Corporation (quar.) 5-31 Nast Power . Champion Paper & Fibre Co.— 6- Cone ' 1 45c (Phila.)— (quar.) preferred (quar.)_______J Connecticut (quar.) South Ribbon $1.50 Brunswig Drug Company Buckeye 9- Century 7- 12- (quar.)—! 7-20 preferred (quar.)_Electric Co JL; Chamberlin $7%c Brunswick-Balke-Collender Co., $5 5-19 Power preferred $1.50 Company, common (increased) 63.6o preferred (quar.) Bruck Mills, Ltd., class A (quar.) Class B (quar.)— «%% 5-23 1 25c (quar.)__ 1 (accum.) (increased) Shoe Brunner 1 6- 50c Extra <L. 6- $1.25 6-30 5-16 l 62%c Insurance Telephone 1 „ Vermont Public Service— 4.75% 6-14 5-10 V (quar.)_ 8- quar.) Service, (quar.) preferred Century 37%c $1.25 (quar.) Company $6 pfd. pfd. (quar.) (quar.)__ preferred 4.15% Life 50c Public preferred Central 5-2b 7-1 (quar.) Community Public Service, 6-23 6-20 40c Light Co., preferred Central preferred preferred Maine 7-10 6-30 1 5" 25c 10d 7-15 Co. 40c lod 2%% 7- $i (quar.) preferred *4.60% 5-15 6- $1 common (initial preferred 3.50% 6-10 1 $2 $1.75 Products Illinois Central 1 7- 3 6- , 50c Warehouse Illinois 4% % 7-3 Quarterly Brown Fibre Central $25c •Brooklyn Telegraph & Messenger Co.-(quar.) t Detroit Central 1 5-15 6-10 $7.50 — (quar.) Ltd... Cooke, preferred 7-31 40c (final) Brooklyn Union Gas Co Blown & Bigelow,: common $1.06% (quar.) (quar.) Central Foundry Co., 5% preferred Central Hollywood Bldg., common Broadway Department Stores, Inc.— convertible (quar.) Extra 6- 1 6- 6-16 — 25c Corp.. preferred 9- I 93%c Ltd. $20c (quar.) 6-15 4KI6 Ltd.— common (initial 25c British Columbia Electric Ry. Co., Ltd.— *% preference (s-a) 4% , 10-15' 1 7- — Confederation Life Association ' Common (interim) Forest Products, Ltd.— $1.12% 50c $1 _ preferred $2.50 4-29 British-American Tobacco, Ltd.— Ordinary bearer (final) Ordinary registered Co., 6-16, ——_—50c Life Insurance preferred 4% 6-17 1 7-1 $35c (quar.) common Shearing Ky.j Conde 6-19 7-15 1 6- Common . 6- 1 t37%c preferred $25c com. Gas Boxes, $5 , Food Central 6-15 6- 1 5-19 ($50c 6- 20c 20c Paper Company (quar.) Commonwealth 6-29 „ 6- 6-, 2 5-15 I 3.9 Locks A ville, 5-31 1 _______ $1.10 •- 4 $$1.50 (quar.) British-American Oil Co., Ltd., 3%% preferred (quar.) Columbia I 5-29 preferred (quar.) British 1 6- 6-20 15c 3%% 6- 6-15 €- 9 : Corp. Bristol-Myers Co., I," 2 f$i 6-30 $30c Products, Ltd. (increased) Celtic Knitting Co.. Ltd. 1 Central Arizona Light & Power Co., com.. 6% Bxtra 1 6- $25c Stratton & 6-20 6-1 7-15 (quar.).; Plywood & Central ... (lrreg.) (lrreg.) Common 1 . «% preferred (quar.) Brewers & Distillers of Vancouver, Ltd.— Briggs 6- Ltd. (s-a) (quar.) preferred Catelli $25o Traction, Light & Power Co., Common 7% Castle 75c $$1.12% X 10c $2.35 Bearing Co Brautford Cordage Co., Ltd., Ulass A (initial) Ctommon Case 5-16 5-25 Co.— Natural Mutual Commercial 5-31 preferred (o.uar.) (J. I.) Company, common 5-31 ' J 6- 2 6-15 5-10 Power Carbon Commonwealth 6-15;; 3%% 6-16 6-14 / 6-15 $2c - Corporation Cascades ' 6-19 6-11 S3 Class 1 6-15. 6- I (quar.)__ Commonwealth Title Co. (quar.) Carson, Pirie,-Scott & Co., 4%% 1 60c ' . 5-5 $15c (s-a). (quarJ... — Wirebound A- Carrier 6-20 50c Roller Brazilian 5-25 "" 5-18 Rubber- Co.— (s-a) 6- 6- 6-31 7- 1 America Columbia Broadcasting System, Class B Combined $37%c Ltd. (quar.)_ 4% preferred (quar.)^ Carpenter Steel Co. (quar.) , ' Columbus 6-28 5-20 6-15 53(4c pld. of (quar.) Colorado Fuel & Iron Corp.— 5% conv. preferred (quar.) Colorado Milling & Elevator Co. 5-5 ; 5-11 --6-15 6- (quar.) (quar.) 6-14 $$1 I $35c —$35c Co. (quar.) Central 7-1 $$3.75 Mines, Inc., preferred 6-5 Trust, 7- 0 6- - share plus Semi-annual 4%. preferred 6-30 $2.50 ....... 6-15;.. $10c Carpenter Paper Co., $1 RR Boston Ground Rent Trust (s-a) Baston Real Estate Trust (qunr.) Baston Wharf Co. (reduced).. v ' = , 6- 25c Class 8-25' ' 12- 9 ' 7- 1 ; 7- Ltd 1 50c 87%o (quar.)— preferred Columbian Carman & Company; VA-Ye preferred Carolina Telephone & Telegraph Co. 6-24 * 6- 1 Corp., Ltd. (quar.)_ Western Canadian 6-16 6- 1 5-31 7- 3 5 7- 6 8- $1.12% - Peety $3.50 Insurance 4% 5-31 1 $105 per 5% Colorado 7-3 A" (quar.) preferred ■4% " 8-10 * $2-- 5-15 $50c $$2 — Canadian * 6-1 , Gold Products class Quarterly Quarterly . 7- 1 15c 5-15 11-15 1 $20c Co., Extra 6- 9 6-12 ' 12%c 41.12% 6-15 6- Canadian Western Lumber Co., Ltd. .''6-16 12-15 Stores, $$1.12% Ltd... (quar.) Investment , , 9-30 ; $1.50 : - - 5-20 Colonial 7- 3 (accum.) preferred Canadian Tire 6-20 6-30' $1.50 1st $1.50 1 6-15 ■ preferred Canadian Silk 6-30 $1,50 - 4%% 6-12 6-2 12-15 6-15 8-1 16c "* Colgate-Palmolive Co., Ltd.— Lamp Co., Ltd. Canadian Refractories, Ltd.— 5-15 ' 6-30 37%c (quar.).. Ltd., 5% 6-20 *• 6-13 - 30c ' — Corp., Motor - Investment Trust Units International? ' 6- 2 AHume&thal (Baud Ingersoll-Rand Canadian 6-6 ■> Foods *f (quar.) Canadian 5-15 7- 1 7-3 9 $25c 6-1 7-1 Life • *.7-1 25c 2— Corp.— at 30 preferred Colonial $30c Class B 6- 1 50c (Sidney) & Company (quar.)... Babbs-Merrill, 4%% preferred (quar.) , 6*19 4(4% 6- $-2 $25c 75c $1.75 preferred (quar.)—...... preferred (quar;) (quarOu Investment Electric Co., Ltd., Machine Co., Ltd.— $1.50 ' (quar.) (quar.)—— • 6- 9 6-30 $70c 5-1$ $1.12% common Co., Ltd.— (quar.) Common (quar.) Common (quar.)—,-. Coleman Company, common 7-3 $50c 5-12 1 Plow $25c (quar.) 5-10 6-12 $1.25 • 50c $1.25 dividend $70c Class A , 6-30 . 5-10 6- 30c Entire issue called for redempJune on this 6- 9 $70c Class A (quar.)— Canadian Industrial Alcohol 7-14 1 6-30 $1 40c $1.37% 30c Common 5-31 t433/<ic i preference Canadian Ice 6-1 12%c < "4%% 1 5-10 1 0- \ „. dividend). tion 5-31 7- $50c common 6-15 $50c General 5 on $6 class A. $25c Foreign 5-31 tion $50c (quar.) 6- (entire issue called for redemp¬ June 30 at $52.50 per share plus Coca-Cola International Cockshutt (quar.) 5-17 Company (quar.)._^.^ Laugblln, Inc., com. (increased)... conv. preferred (quar.) Moon A 6- 8c Blue rj> "Class 7- 3 $1,06(4 ' •Haw-Knox «% 5-31 Co., Ltd. Canadian Food Products, Ltd.— 6- 1 — A% 5-15 6-15 (irreg.) 6-26 (quar.) com. 6-. 1 Fairbanks-Morse 30c 35c Brothers Tobacco Co., 5-15 (quar.) 40c Corp., $6 preferred (s-a)_._ Fine Spinning Associates, Inc.— *%, preferred Ltd. (quar.)_— $$1.50 ; . - .6- 1 1 preferred Common 6-15 __ S% Blach (quar.)— $$1.12% pfd. 7-20 6-1 - $1 $1.23 preferred (quar.)^_ (quar.) 6-16 $1.50 Company, $3 class A Co., Ltd.— Celanese, Ltd., Canadian 6-10 . Coca-Cola 6-15 Cottons, Ltd., common (quar.) .6% preferred (quar.) Canadian Dredge & Dock, Ltd., com. (irreg.) •- $ Blgfclow-Sanford. Carpet Co., com. (quar.)-. 60c 6- 1 ' «% preferred (quar.) $1,50 6- 1 Bird k Son, 5% preferred (quar.) $1.25 6- 1 Birmingham Water Works, 6~% pfd. (quar.). ' $1.50 '" 6-15 ' Black Hills Power St Light, com.-(quar.)— 32c 6- 1 4.20%- preferred (quar.). $1.05 6-1 *.-40%" preferred (quar.) < 1.35 6- 1 Black, Sivalls 8c Bryson, Inc., com. (quar.) 30c 6-23 495% preferred (quar.) $1.06(4 6-12 Blackstone Valley Gas 8t Electric— 1 ,495% preferred (quar.). $1.06% 7- 1 Bites 7- 3 Canadian 6-9* 1 6- $$1.75 Co. $$2.25 8-1 35c ■* this (quar.) Breweries, $1 preferred 9* (quar.).: Corp. 5-16 ... 5-1 $20c Mortgage Cable & 6-1 6-20 7-1 - G 5-22 1 >82- - — 6-15 $$1 (quar.)_ B $1.75 6-25 6-1 32%c Shoe preferred Wire A Canadian 1 6- 7-1 $50o Bibb- Manufacturing 1 $50c 7- $1 ,, preferred (quar-.)— ! Clark Equipment Company, com. (quar.)__ 5% preferred (quar.) Cleveland Cliffs Iron Co., common (quar.). $4.50 preferred (quar.). Clearing Machine Corp. (quar.) Cleveland Electric Illuminating Co.— $4.50 preferred (quar.) Cleveland & Pittsburgh RR.— 4% guaranteed (quar.) 7% guaranteed (quar.) Clinton Foods, Inc., common (monthly) Common (monthly) 4%% conv. preferred (quar.) Clorox Chemical Company (quar.) 6- 8 > 9- 6-15 6-12 • 5% 5-29 6-28 — — (increased) Howell, common (qnai.) preferred (quar.) .7% v' 6- r Bessemer & Lake Erie RR. Co., $3 pfd. (s-a) Bethlehem Steel Corp., common (increased)^,'' f, f: k 5-17 6-29 $1.12% Quarterly f. 6- 50c 4(4% Berkshire Class Class 12 %c 7% preferred (quar.) Bell ft Gossett Company Beneficial Canada Canadian ; Corp., 4%% pfd. (quar.) Beech-Nut Packing Co. (quar.) _ Belden Manufacturing Co. (Increased quar.) ■BeWing-Corticelli, Ltd., com. (quar.). Bcftl & $-21 ' 6-15 $25c 6- 8 City Water Co. of Chattanooga— 5-10 ; , — Ltd. 4%% Vinegars, Ltd.. 6-31 6-15 Ltd.__ Safeway, 5-20 (quar.) (Ar S.) Canada 5-17 6- 3 6- 1 7- 1 $$1 — Permanent 6-10 (quar.). $25c Co.— (quar.) ; Canada 6-15 Beaunlt Mills, Inc., $1.50 conv. pfd. (initial) Beaver Lumber, $1.40 preferred (quar.) Beck (quar.) Liquidating 6-10 75c Foundry 6- 1 7-15 - 6-15 Class Canada North West Land Co., Ltd.— 6-10 12%c Cannon 6-20 6- 2 7- 1 50c (quar.)— (quar.).—— 7- 1 25c Manufacturing Co., common '4%% preferred (quar.)—_ Baihurst Power & Paper, Ltd.— !?1' A Canada (quar.) Inc. (quar.) & Canada $62 %c Bates Wyant 6- 9 6-20 6-20 (quar.)— preferred 6- 1 5-20 Co.— , Stores Co., common A (quar.) City *■' 6- 5 l $1.75 " $1.50 • —— City Auto Stamping Co City Investing Co., 5%% 6-30 5-10 6- 9 5-19 6-10 5-19 6-15 5-25 5-19 6- 1 & Class , 6-10 .. 8-30 7-28 15c 34%c 50c $32%c $20c (extra) Machinery Corp., Canada Malting Co., Ltd 1 50c Corp. Water Service — 5-15 1 70c Packing (quar.)__ (quar.) Dominion Sugar Co., Ltd.— Canada^ Foundries & Forgings, Ltd.— Saving# (N. J.) 5-27 '5-1* 5-19 5-3 8- 3 5-15 $37%c Company convertible Canada 7- 1 - (quar.)— Canada Cement Co.. Ltd. $1.30 pref. Crushed Stone, Ltd.—;— .9-19 ' 1 7- 7 6-15 6-10 5-31 6-1 6- 1 6-15 (quar.) preferred (quar.)_ Cincinnati Inter-Terminal RR. Co.— 4% - preferred (s-a) Cincinnati Milling Machine Co., common— 4% preferred (quar.)— Cincinnati, New Orleans & Texas Pacific Ry. Co., 5% preferred (quar.) Cities Service Co. (quar.) 10- 7 Canada 7-20 7- $1 (quar.). Refractories, 5-19 6- 9 7- 1 $1.75 Ink Campbell, ' 10- 1 5c (quar.) . 5%% / 1 — Camden Forge Company, common 6-19 5-31 . 1 6- '6-1 7- California ;6-20 1 Corp. .(quar.) preferred (s-a) California Electric Power Co., com, 6-15 1 6-10 7-28 10-28 UOc -' 6- $64 4% 10- 7 $llc 20c 30c 12 %c $1.12% $25c $$3.50 15c 75c $1 7% 6-16 * 10-28 preferred Corp. 7% (s-a) (increased). com. 6- 5 6-20 1 25c' 10-15 $2.50 .," 7- 1 pfd. 5% Cincinnati Gas & Electric 7-7 $40c * Brothers, common (quar.) 4%% preferred (quar.). Butterfly Hosiery Co., Ltd., com. §-20 t- 7-28 , Holder, 6-20 25c Chrysler Burrard 7- 1 6^40 common " —- B 6- 8%c —— (W. H.) Company (quar.) Ba*ber-Eflis of Canada, Ltd. Basic Class 6- 1 $1.75 - National Trust' & Co. A -— Butler 30c National Life Insurance Co. Oil Class *4°c $40o A- 5-20 1 7-1 Barber Barnsdall (s-a). Class, B \ 6-10 I % Bankers preferred — — (quar.) Chipman Knitting Mills, Christiana Securities Co., 5-20 5-5 5-5 5-5 5- 5 6-10 6-12 Wkeh Payable 0/ Rec $1.50 $1,75 25c Quarterly 5-19 5- 9 6- 1 6-1 6-1 6-1 6-1 6- 1 7- 3 7- 1 ' Cotton Oil Chickasha Company, Ltd.— 6- 61.12% preferred (quar.) 4%% preferred (quar.) A. 3 6% Corporation, 8t Burton-Dixie 6- 4% 1 (quar.)^.. 5-19 12 %c conv. preferred (quar.) Baltimore Radio Show (quar.) r preferred 6-15 18%c (quar.) y% *'• 2nd _— Dry Docks, Ltd.— 45c participating class A (quar.). Burroughs Adding Machine Co. (quar.)___ 9c 25c — prior preferred (quar.)— (B. T.), Inc. (quar.) Haagor Hydro-Electric Co., 7% preferred (quar.) (quar.) 5-19 «c —_— _ __ (quar.) com. 25c — Balfour Bflildlng Baltimore Porcelain. Steel Corp.— 7% conv. preferred (quar.) I 6-1 35c '•♦V W tBc 60c common conv. Class ' 1 5-29 quar J -—— A--(quar.) Corporation, Corp., (quar.) preferred Burns 6-16 6-10 (<juar,)_. H V ■•I 6-30 (quar.). - Mills 40c America Axe-Houghton Fund, Inc. (quar.) 19/G Foods, Inc., common (quar.)— 4%% 1> $12%c 110c »_— 25c 75c 37 Vic $1 87%c 87V2C $25c $1.50 nfer Share Chicago Yellow Cab Co.— 5-15 5-12 Concen- & Co Manufacturing (F.) preferred Burnham 6-26 (quar.) Mills Mining ... 3%% 5-22 6- (interim) Ltd. Sullivan & Co. 9"ri 37%c $50c Burlington Steel Co., Ltd.— 6-15 - Hill 3%% , v.. Babbitt 5-15- 6-15 . -—- a D 6-12 50c Atondale Class 5-15 Products, Inc.— Common <4% Works 6-12 5614c «_ of 4% ■*-. A Automatic Canteen Co. Burlington 6-19 75c 40c Powder Common— Burkart 6-19 $2.50 — preferred (quar.) Company Auaor Geld Mines, Ltd. (Increased) Auto Electric Service Co.* Lt4.~Class A (quar.) t.i 4-28 6-1 , Gold trating ' Atlantic Refining Atlas Bunker 6-16 Steamship preferred! Co. (increased quar.) Corporation (quar.) Imperial Diesel Engine Co.— lines, Bulolo 6- 1 Q- 1 6- 1 $1 6-1 6-30 * (quar.) Dredging. 7 6- 1 6-1 6-12 Monday, May 29,195Q . Name of Company Chicago Towel Company, common 7% convertible preferred (quar.) 5-19 „ Inc. 7- 1 - $2- Atlantic Coast Line Railroad, common: Bullock's, 6-10 30c $1 $1.50 30c $1.12% quar.) 6-1 6- 6 2°c Company, common $5 preferred (quar.) Bullock Fund, Ltd 7- 1 $1.50 $1.75 (quar.)_—£ Co. 25c Budd Industries, Ltd,-—" Payable of Rec. Share . T Holders When Per Holders When Share Associated Telephone <fe Telegraph Co.— $6 Financial Chronicle.. The Commercial and (223ft) 50c -/7-1 6-15 5-23*" Number 4911 171 Volume The Commercial and Financial Chronicle .. . Per Holders 2nd 50c 5-12 (quar.) preferred 5-12 $5 5- $5 preferred A (quar.) $5 preferred (quar.) 6-30 6-15 6-30 6-14 $1.75 $1.75 7- $1.75 10c — Semi-annual Curlee Clothing, Fair .6- 6 6-19 6- 6 Ferro Enamel 9-18 9- 6 Fibre Products 1 6-15 6- 1 Class 6- 1 25c 1 5- 5-29 1 1 1 1 6- 1 50c 6-23 6- 1 5-10 50c 6- 1 5-10 5-10 35c 6- 9 6- 1 35c 6- 1 6- 1 5-22 25c 6-20 50c 8-15 8- 11-15 11- 6-15 6- 1 6-15 6- 1 75c 6- 1 6-10 1 5-12 75c 9- 1 8- 25c 6-27 6-12 15c 6-15 5-26 50c 6- 1 5-24 $1 Dictaphone Corp., common (increased) 4 7c preferred (quar.) Disney (Walt) Productions (see Walt Disney 6- 6- 1 5-24 '" • : Productions) ' Corp.-Seagrams, Ltd._ Dobbs Houses, Inc. !— Ltd. Brothers, i 115c Extra Durez Plastics & Eagle-Picher Eastman 6% ®per E /»/c Dorado Oil Electric Co., $4.50 preferred 7-25 7-10 General Industries 7-25 7-10 General Manifold 6- 9 5-19 General Mills, Inc., €-30 6-16 General 7-11 5-22 preferred (quar.).— preferred (quar.) General Outdoor Advertising Co., Inc., *J c *1 6-15 5-23 General 6-10 1 6- 5 7- 1 6- 5 6-15 6- 7- 1 6- 1 6- . preferred 5-16 6-12 5-31 7- 1 6-13 5-27 50c 6-15 5-25 7- 6- 30c 1 9 6-30 6-16 6- 1 5-18 6- 1 5-18 $1.0674 6- $1.0674 6- 1 6- 9 Brass Mfg. Co., 25c 6- 1 5-38 6-15 5-15 15c 6-22 6- 7- 6-20 $1.65 25c 6- 1 5-18 1 1 70c 7-15 ,, - preferred i'biporium 9 6- 9 1 6-15 suitable Gas Co. quity 20c Corporation, (initial $3 preferred ..(s-a)— quar.) conv. — pfd. , , 6-15 .,6- 1 6-10 6- 7-25 6-23 Hallnor 5-17 $1 5c 6- 1 1 5-17 7-12 12- 1 7-31 6- 25c 6- 7' 6- 1 5-12 7- 1 7- 1 6-15 6-15 6-15 11-25 $1 11-25 6-12 1 6- 11-10 11-10 5-24 , $1.25 10c 7- 1 6-15 6-20 6- 5-10* 84%c ,V$1.50 93%c $1.25 5-25 com. 35c 6-10 8- 1 8- 1 6- 9 50c 6-30 6-12* 25c 6-15 5-25 • ■ 5-11 7-10 7-10 5-19 82%cu 75o 10c jBt.l .f 6-» 1 7- 1 . * ** $15 $3 6-15 6- 7- 6-20 1 1 (irreg.) 5c (quar.)——— 5-1.5 25« • 5-31 5-31 class A 6-21 $1.1272 25c " 6-10 50c ' 1 5-25 6-30 . 15c $3.25 6-30 6-29 8- 6-16 1 7- 6- 5 50c 6-20 6- 1 6-10 6- 1 6-10 6- 1 25c 5-31 5-16 6- 1 6- Oil 2c (quar.) pfd. ; 6-10 . Hilton 4% 5-19 6-15 5-2# 6-15 5-2# 25c 25C 6-10 7- 7-1 50c 6-10 50c 6- 1 5-19 6- Co. (quar.) California, cl. A 1 5-19 (quar.) $1 6- 9 6- 9 •- 5-25 6-30 6-19 6- 1 5-15 25c 6- 1 5-15 6-30 6-19 6-30 $1 6-Mb the class A and class B on ..-ft* 40c Co., 6-12,, 6- a $1.06% (quar.)— Refractories 6- 1 5-18r 50c 6* 1 common <1.50 5-11 7-20 7- ft $1.37% 8- 1 7~2fr $1.37% 11- 1 10-20 30c 6-15 6- I $15c 7- 6 6- 9 48%C 6- 1 5-15 7- 3 6-23* 75c $1 6-15 6- ::25c 6- 1 5-10 37%c ' 7-15 5 ( 7- 30c 25c J.) 1 , 6-30 6- 8* 6-15 6- 7- 1 6-19 6-15 017»C (G.) Steel 1 60e • (quar.) — 6- 5 1 50c $1.50 7- 1 6-26 50c 7- 1 6-20 30c 6- 1 5-15 Products— Chemical, (quar.) 53 %c & Dauch Paper Co. 7-25 6-T5 6-20 10c 6- 5-10 C7%0 4 6- 1 1 5-10 50c 6-10 5-31 31c 6- 1 5-17 20c 6-30 6-20 Co. — 20c Corp., com. (increased convertible preference (quar.) 7-28 30c 6- 1 5-10 50C quar.) 6- 1 5-10 7- 7-10 of Canada, Ltd.— $25c 5-31 7-15 6-30 25c Lumber 3 60c — (Edward) 7-25 8-15 25C (resumed) common -8-15 66 74C Hotels & 5-19 $1.06%, $1.12 Va — — 6- 1 5-15 6- 1 30c €2%c 5-15 6-12 6- 7- 1 6-10 6-30 6-20 O ' $1 12 %c 5-15 $1 non-cumulative (quar.) 25c 6- 1 1 5-20 $1 non-cumulative class A (quar.) $1 non-cumulative class A (quar.) 25c 9- 1 8-21 5-23 25c 12- 1 11-20 7- 5c 5-23 6-30 6-12 6- 1 5-15 Home $1 6-30 6- 9 $1.25 6-30 6- $1 6-15 5-15 #1.25 9 5% preferred (quar.) OH Co., Ltd.— Title Guaranty Co. (Bklyn., Honolulu Oil Corp. (quar.) $4.25 preferred $4.50 preferred Company 25c 6-1 5- 25c 6-16 5-29 10c 6- 1 5-15 6- 1 5-15 (quar.) $1272C| (W. $2.50 $25c (quar.) 6-15 $25c 9-15 $25c 12-15*' - i— 5-25 8-25 11-25 - *' * 50c- " 6- 1 6-12 6-20 5-15 6-30 6-20 6-15 5-25 $1.0674 6-28 6- 3 $1.12% — 6-15 20c $1 Y.) 1 $25c N. & Hardart (quar.) • (quar.) (New York)— 6-28 6- 3 $1.25 6- 1 5-ia 567*0 7- 1 6 lO 6-10 5-20 6- Co. preferred (quar.) Houdallle Hershey Corp.— ** $2.25 convertible preferred (quar.)—_— Houston Lighting & Power Co Howard 47*% Stores Corp., Howe Plan! Sound -'Company, i: 47a % common preferred (quar.) Howe * & * S 25c e-2a Hooker Electrochemical Co. 5% Ltd., class A class A Home $1 (quar.) 6-12 $1 (quar.) preferred Gnanby Consolidated Mining-.Smelting y;. Power Co., Ltd. .(irreg.)— . 6-15 1 $1 \ Hobart Manufacturing Co. (quar.) Hollingsworth & Whitney Co., common $4 preferred (quar.) Holt (Henry) & Company, common— 5-15 (quar.) 1 — (quar.), Hiram Walker (see Walker (Hiram) G. & W.) Hires (Charles E.) Company (quar.) 6-15 A 6-15 76- Instrument Spencer Bartlett Monthly Monthly ; $25c Class 1 , . - Co., common (quar.) Hlbbard, Horn A 6-15 7- 125C 372% preferred A (quar.), Heywood-Wakefield Co., common 5% preferred B (quar.) 5-15 Class 1 112%C (quar.) convertible Heyden R.) & Company (quar.)—..—' Graflex, Inc., common 5% preferred (s-a) Grafton & Company, Ltd., class A (quar.):. ■ Paper (quar.) preferred B Hershey Chocolate Corp.— 474% preferred A (quar.) 47»% preferred B (quar.) Hewitt-Robins, Inc. (quar.) 6-1.8 W.) 5-19 7- $1 Corp, (H. Hercules 6-15 (H. 5-19 6-10 25c Company, 3.65% pfd. (quar.) Brewing Co Henkel-Clauss, $6 preferred (quar.) Hercules Cement Corp. (quar.)——— 6-15 Grace 6-10 13c 6-12 81VzC ' 4% 4% 6- 8 17c 8- X , 10c pfd. - Ltd., Inc.. 5-19 6-20 (quar.)— Quarterly 20c (quar.) 11- X 1 —— preferred preferred Heileman . Corp. Co.. Heinz 1 —— 1 6- Cementing Co. preferred (quar.) Harris (A.) Company 57a% pfd. (quar.) 5%% preferred (quar.) Harshaw Chemical Company (quar.) Hart Battery Company, Ltd. Hartford Electric Light, 3.90% pfd. (quar.) Hartman Tobacco, $3 preferred (quar.) , $4 preferred (quar.) Hothaway Bakeries, Inc. (quar.) Havana Lithographing Cc.— 6% conv. preferred (quar.) Hazel-Atlas Glass Co. (quar.)—,—,— Hines 8772 0 1 85c 6% Hinde . 0- Co., Oil Co. of Hazeltine ft- X 12- (s-a) Ltd. dividend $4.25 8-28 6-15 State Co. Well Harbison-Walker 6-15 ,.- 6-30 Company (H. C.) Company, 6% Brewing Co. (quar.)— < 5-18 1 *35c shares (payable in,class A) Hanna (M. A.) Company, common 5-19 7- 56740 6-15 6- *35c ' $1.50 Gossard 1 6-" 9 " - Gordon Mackay Stores, Class B (quar.) 1 5-16 ' 20c Co., Oil B Stock 6% (B. F.) Company, common..; preferred Goodyear Tire & Rubber, common (quar.)— $5 preferred (quar.) .7— 5-15 - Corp. 5-18 *35c — 1 5-18, 6-15 $1.12% YearTend ;•* 6-19 5-12 6-29 6-15 $1.10 Ltd. (quar.),, Ltd. i— Watch Co., common (quar.) Extra "5-15 6-15 75c Class -• 6-15 1 30c Year-end 6-1 ' 5-31 6-21 c| (,5-31 5-19 7- Extra 6-1 1 «-ia 6-10 $1.50 37%C Water preferred preferred Hancock 1 1 7- 10c $5 6-30 ... 6- (quar.) preferred (quar.) Utilities, common (quar.) Cotton Hammond .. 6-20 7- : $6 convertible 472% —.—-—— Co. Co. 4% 6-30 June Bridge, Hamilton "< 6-30 .$1.26 to .— Hamilton 6-1 . this 75c Co.. Mines, Hamilton 9-18 .. 6-1& % $1.25 stock common Company, common preferred (quar.) 4% 12-18 6-15 plus — into Extra Haloid 6-19 1-2-51 10- 5-17 1 on Quarterly 6- 5 6- redemption share per 7- ' Corp Halliburton 5-15 5-15 Goodrich 6-30 t50c *" 1 Oil Hackensack 1 1 ;$1.75 25c 3772c (quar.) Ltd. Rubber & Goodall-Sanford, 9-29 50c (quar.) 6- (s-a) Golden 6-30 $1.25. 1 7-15 10-34 31c (quar.) 6-15 6- : common Investment, Extra 5-25 7- $25c -51—— v pfd. Godman 5-25 $$25 Cap well" 0-15 preferred Globe 6-28 6- 50C common 6-15 • 6- .: Equipment Distilleries B Goebel Ltd.- Electric Co., 7- 1> 10- 2 x for ' preferred (quar.) $4.50 preferred (quar.) Gypsum Lime & Alabastine of Canada, Ltd. Common (quar.)—. Common (quar.) Common (quar.) 5-5 Globe-American 6-28 7-] 5 25c (quar.) J^Te District 6% 5-12* $1 A Class 1 25C Tire Glenmore 5-18 , 60c aSS A (qUar )__ class 3%% 5-17 , . $4.40 1 5-5 6-2 $103 ' % ' 5-24 6-2 called at States $1 6-23 SIVuC 6-10 /• 75c 1 7- 1 25c '""6-10 75c '-* 6- 1 $2 7-1 3l7ic 6-30 __— 5-19 Co., class A fqZTarZ)—IIIIIIII..I——I Gulf 1 (s-a) — 6-20 35c (s-a) Power 25c C Georgia-Pacific Plywood & Lumber— $2.25 preferred (quar.)— Gerber Products Company, com. (increased) 472% preferred (quar.)—Gerrard (S. A.) Company, 5% pfd. (s-a)__ Gibson Refrigerator Co. (quar.) Gillette Safety Razor Co., $5 pref. (quar.)_ Glatfelter (P. H.) Company, 5% preferred— (All unexchanged shares called for redemption on June 6 at $102 per share plus this dividend) Gleaner Harvester Corp. (quar.) 9 6-15 Tin General 9 7- General 1 $1.06% (guar.). Gulf 15c Castings— $6 prior preferred (accum.)—.— $6 prior preferred (accum.) — Company stated that arrears on this pre¬ ferred will be reduced to $31.50. 5-19 7- 30c IIIIIII-IIII 2 Steel $25c Preferred Empire Portland Precision 40C (qUarJI Corp 6- 6- (quar.)_^.__ & Printing Co. (quar.)— Cement General $1.50 (quar.) Gulf 6-15 5-19 preferred 5% Corp., Genera] $1.0674 RR. (s-a) Dry Goods Co., com. preferred (s-a) £ttC Motors 5-31 $1.1272 Ka J* ,WilllamsP°rt Walker 1% 2nd 1st 5-22 $1.02 % (1950 series) 5 1 r $5 7-20 $1.75 ,,ggin National WatchT Co."(quar.)III-—III y (s-a) preferred Fireproofing Co 1 $1.50 Corp E 7-11 30c Co Eectropaphic Electrolux convertible 8- 40c (quar.) 6- 6- preferred A 6-10 25c Preferred £ ectric Boat 57c 20c (quar.)..: 5-31 5c — General Railway— Gas, common 'Preferred . (quar.) Preferred (quar.) 2nd Preferred (quar.) */4oc llor 5 6-20 $1.50 Natural i 1 5-17 5-1? 5-31 $1 common,— Gulf, Mobile & Ohio. RR.— $5 preferred (quar.) 6-15 $$1.25 $$1.38 7- 5-31 5-31 1950. 6-15 . 5-22 (quar.) 5-31 30, 7- 1 7- 1 6-20 1 30 dividend) 12-20 1 15c common Juno Convertible 20c (quar.)—$30c 6- — 6-15 , $1.25 —— — 5-17 - " 5-12 567»c $3.75 Works. 1 6- 7c Baking Co., $8 preferred (quar.)— General Builders Supply, 5% pfd. (quar.)— General Cigar Co., common 7% preferred (quar.)_. ! General Controls Company, common (quar.) 6% preferred (quar.)— General Finance Corp., com. (increased) 4% participating preferred (quar.) 6 80c 6-12 (accum.) : Ltd> class A (quar.) ®tores, common (quar.) 1 6- Hammermill 6-14 B Co" others 4 6- 6-30 issue .-474% C5c — 6-15 (Entire 5-19 8-21 7- 1 5-31 5-17 5-31 Sugar Co., preferred conv. 5-19 al2% preference A (quar.). Eastern States Corp. (Maryland)— $7 preferred A., (accum.) $1 $5 5-27 ;— common 5-17 «C Guantanamo 5-19 10c 80c 5-19 7- ' tJ.6 Preferred Co., 5-17 5-31 ftc 6-10 (quar.). preferred (quar.) 5-31 «C v 6-10 9-11 preferred 5-17 5-17 5-31 8c Stock 80c $1.12% 1st 1 — $1.1272 Street 6-6 6- (quar.)— _— 25c Massachusetts 7-1 6-10 1 1 (quar.) Tobacco 5-31 5-31 3c Steel 272c 1 Company (quar.) Company- common.. preferred Eastern Co., 5-17 lie ' Equipment Railroad 5-15* 272c 6- Kodak C7c 5-15* 5-15 - — -5-31 7c Bond Railroad •\ 1 50c 6- (quar.) Railroad 1 (resumed)- Inc 5-17 5-17 8c Petroleum 1 (quar.) 50C Chemicals, Inc. * 6- (irregular) Investors, Priced 6- — com. 1 a3% 1 6-9 37 %c pfd. (quar.)__ (quar.) (quar.)—I Co., Company 5-31 5-31 10c — Utilities 4%% 5-20 Products 6- 7-1 5-17 lie 9C — Bond •Merchandising 6- — 6-10 ; Steel 6-10 Machinery 4JC 1 .7 6-15 Duplan Corp. .(s-a) 6- i Bond 1 6-10 Low 1 37%c 6-15 . 66- , - - 25c (quar,)___ 5-22 6-10 $50c 6- ; General 15c General 30C 1 6-10 25c 1 87 %C 7- $2.50 35c Dunlop Rubber Co., Ltd.— Ordinary registered Dunn Co., Equipment 25c 50c (quar.), Investing ... 20c 93 %c common 6-9 20c $1.75 ... 7-1 62 72C 1 5-15 5-17 5-31 $1.1272 7- 1 5-31 10c 30c 7- 6- 5-17 15c Institutional .. 7-15 5-15 5-31 5-15 . „ 7-15 1 5-1? 7c 5-19 50c 7-15 7-14 6- 5-31 1 $1 Gauley Mountain Coal Co.— ...—,— Gaylord Container Corp. 1:.;—L U—:i> Gemmer Manufacturing Co., class A (quar.) Class B (quar.) General America Corp. (quar.)____ 8-15 5-1? lie 6- Co.— ;15c . (quar.) preferred 5% 5-1T 5-31 6-30 (quar.) (Theodore) & Company— 1st preferred (accum.) 5 b-31 Cc 5-17 130c Dock $1.60 6-15 5-1T 10c $1.25 60c ... 4%% 6- 5-2# 5-31 -— Inc.— 5-17 $1 25c $1 interim) (quar.) preferred 3 7-15 6-20 10c Securities, 5-31 5 50c series- Co. Power 25c Agricultural 8c - & Inc., com. (quar.) (quar.) preferred (quar.) Gatineau 7 Fully Administered $1 (quar.) (quar.) preferred preferred 1 6- 65c 8174C (increased) com. (quar.) Bradstreet, Gary 7- 150c (E. L) de Nemours & Co.— Common i second Dun & 6% 7- 3 6- 1 125c (quar.)_ preferred 3 1 3 7- 1$1.12% du Pont $4.5# 6% ? 6-30 5-31 (initial) two-for-one split. & Company, com. (Robert) 6% 5-18 572%> Drewry's Ltd., U. S. A. (quar.) Driver-Harris Company $3.50 5-15 6-15 8- 1$1.75 . (quar.)— .preferred Gair 1 8- 125C Dravo Corp., 4% preference (quar.) Dresser Industries, Inc.,'common (quar.) 3% 7c 6-16 7- 125c it 2nd preferred Common 6-15 — (quar.) B.) 6- 6c common Common 7-15 (quar.) preferred (quar.) Dow Drug Company, common (quar.) 17c e- t$1.25 137 %c __i._ Company, 6-30 . (quar.) (quar.)__, Ltd. 5-17 (D. % 6-30 Food preferred (quar.) Fundamental .J Ltd 17c preferred (quar.)— Donnacona Paper Co., Ltd.— 4j/27o convertible preferred 4% Fuller 6-30 5-31 25c (quar.) voting trust certificates $1 preferred (quar.) Dominion Textile Co., Ltd., common A 9-15 6-19 6- 25c (quar.) 5-31 Company Trailer 6-19 3 6-15 $1.06% Corporation, common preferred (quar.)-,— Group < Ltd.-4 Common preferred 9-20 Power Fruehauf 3 7- 30c 6- (s-a)_______ Dredge prior preferred Frontier 6-15 7-31 i Dominion Tar & Chemical, Ltd., com. $3.25 6-20 25c — Anglo Investment Corp., Special Dow Chemical 1 7- (quar.)— 6-15 75c new prior preferred & — Corp. 6-15 $50c Simon 30c $1.75 common (quar.)„ 272C B Franklin 6-16 Electrical & Freeport Sulphur 5-20 117%c 57c preferred (quar.) Dominion Square Corp., Donohue 6- 1 20c — Stores, 6-10 1:6- Co., 6% 9 1 6- 5 Franklip Custodian Funds, Inc.— 5-15 20c Ltd._ Monthly Dominion 6- 1 15c Dominquez Oil Fields Co. (monthly) & 1 6- Co., 7- 6-15 ; stock U2%c Grinnell Corporation 2 25c Preferred 1 1 $2.50 Wallace, class B (quar.) Ford Motor Co. of Canada, class A 9 7- 15c »tj±* — 1 6- 1 12- Chemical Forbes & 5-25 6-26 25c Dobeckmun Company Dominion 6-15 6- 12-10 6-15 . $1 6% 130c 6-10 40c 6-30 Co., common— preferred (s-a) Class Sugar 5-22 40c common - Building Mineral 5% ' 377aC quar.) 6- 5-29 9 Foster-Wheeler Corp., 62 72 c (increased Foote 8 ■ — (quar.) Dr.'Pepper Company (quar.)— Dodge & Cox Fund (quar.) * Quarterly Dome Mines, | 8-11 6-23 6- 1 6-15 com. Light Co., common 472% preferred » (quar.) Food Fair Stores, common (increased quar.) $2.50 preferred (quar.)_^ Foote-Burt Company 5-25 37 %C 8-15 Co., (quar.) preferred 4%% 5-22 6-21 6-30 Inc class A Connell Power Insurance Greyhound 9-15 6- 75c (reduced) Automobile (s-a) i Florida 5-15 50c — Cup Company, common $2.50 class A (quar.) - 6-15 1 6-28 Aviation York & Western 7% 5-28 6-30 60c ; — 5-18 6-10 1 Quarterly 6 lc Great ■. Co.. i 1 30c 25c Co., Ltd.— pref. conv. Industrial preferred Flintkote Company, common : $4 preferred (quar.) 4 50c 50c 6- 9 7- 1 10- 50c FitzSimons 6- 5 . < 6-24 $1.12% I Stockholders approved a Fittings, Ltd., class A (s-a) 5-15 20c •; (Bait.), class A Stores, (M. H.) 6- $1.75 (a-a) 5 (s-a) Fishman 5-18 6- Corp., $2 preferred (s-a) Firth Carpet Company, common 5% preferred (quar.) '5-19 1 $25c $2 National First 6- $2.50 Security Corp., Extra 5-19 8 5-18 6- Extra 5-10 6- 6- 6-23 Fund, Inc. Corp., B 9 1 6-15 $20c preferred (quar.) Class 6- 7- 12 %c 6-15 common common Industrial Boston 1 35c . (s-a) First 6-15 6- 6-10 •• $$1 ; Canada, Ltd., First 5-22 1- 25c — First 5-18 7- 50c (quar.) 472% 1 $1 B Great West Felt 1 Holderw 7- Railway Co.— Great Southern Life Common Firestone Tire & Rubber Co.— 9 $1.25 — ' $1 Corp of (s-a) (quar.) Fire Association of Philadelphia (quar.) 5-15 S33/4C Dixie "t $1 Warehouse preferred Greenfield Tap & Die (quar.) Finance Co. of America Financial 5- 1 Works preferred 5-26 6-30 6- Screw 5-26 - 6- C 5% 5-19 6-15 15c 6% Distillers Insurance Co. of Canada 6- 6- Non-cum. Co. 25c — (quar.) • $25c Insurance Federal Fire 6-19 377aC Denver Union Stock Yard—_— Diana Stores Corp. Ltd.— 7- 40c 137 7a participating preferred (s-a) Diamond T Motor Car Company (quar.) Life Federal Mining & Smelting Co. Federal-Mogul Corp. (quar.) 7a C Company 5-31 Federal 30c Company, common (quar.) Special "7% preferred (quar.) , Del Monte Properties Co. (quar.) Dentists' Supply Co.- of New York—«—. Derby Oil Co. (Kansas) Detroit-Michigan Stove, 57* pfd. (quar.) 5% preferred (quar.)— Detroit Mortgage & Realty (quar.) Match 6-15 9 Deere & Diamond Great Northern 5-15 9 93 %C (quar.) 6-17 $2.50 50c preferred A (quar.) 33/4% preferred B (quar.) Deep Roclr Oil Corp — Company 7-15 $0.18625 •„ common- . Payable of Rec. 933Ac (N. (quar.) Terminal 1 $2.50 50c 3% % 8- (quar.)_ When m 25c Lakes / 1 6- 8% pfd..(quar.)__ Power & Light Co., com. (quar.) Alkali (quar.) Traders preferred Lakes Great Y.) Tea Co., Pacific 1 5-10 Dayton & Michigan RR., Diamond & & 7- 6- $1.75 7% Great 6- 1 (quar.), (quar.) 6- 1 $l77aC Dayton preferred Quarterly Quarterly 6 8-11 11-10 common Indemnity 50c 30c 1 12- Great Atlantic ** Players Canadian Corp., Quarterly Farmers preferred 6-15 25c - 7- 12-18 8-12 VShare Company, 25c 1. 7- 50c 33/4% T.) Towing Great Northern Paper 5-31 — Iron Co., common (quar.) 1 (quar.) & 25c Davis Leather Co., Malleable 1 12- 75c 10c preferred 9- $1.25 (see The Fair) Brewing Corp. 472% 5-15 1 $1.25 1272c Famous 5-15 , 1 40c Extra Daytxm 8 9-15 1 5-31 (The) 6-15 1 6- $3.50 Co. (Missouri)__ Co.," $4 prior pfd. (quar.) preferred (accum.) Curtiss-Wright Corp., common $2 class A (quar.) $2 class A (quar.)— 42 class A (quar.) Cushman'S Sons, Inc., 7% pfd. (quar.) Cutler-Hammer, Inc. .(quar.)—— * $7 Metallic Door Co. (quar.) Chemical Coi'p. (quar.) Ltd., class A (quar.) 11- 5 6-10 $1.25 Gregg, common (quar.) Products, Inc. (quar.) Falstaff 6- 12720 Curtis Publishing 5% 9-18 8- 10-20 25C Curtis Mfg. Davidson Coe Fabricon 7- A preferred 6-10 11-15 $1.12 7a Companies (quar.) Curtis (Helene) Industries, Inc.— 50c convertible preferred A (quar.) Curtis Dahlstrom 5 7o 8-15 $1.1272 (quar.) Manufacturing Co. (quar.J Eversharp, Inc., common 5-16 3 A Ero 9-30 10c — 4%% preferred (quar.)_— preferred (quar.) j. 41/2 % 5-31 preferred Faber, —-—— 877ac of Company (W. Great American 1 8 Per Name Grant , (quar.) 2 $2 r ( Holders Payable of Rec. Co., 6- (extra)— Culver Corp., guaranteed Railroad Co.— 6- $1.25 , ►— preferred (quar.)— Share Pittsburgh RR. 17c Erie Company $1.05 —.— Cuban-American Sugar Co., 7cl preferred (quar.) 1</0 6-13 1 Forster Securities Corp.— & n% 1 6- & t$2 preferred (quar.) Cr0Ws Nest Pass Coal Cq>, Ltd rrucible Steel, 5% preferred (accum.) r^m & Forster, 8% preferred (quar.) rrum 7- $1 — *4 20 $4 Name of Erie (increased quar.) preferred (quar.) Common When Per Payable of Rec. Zellerbacb Corp.— rrown *4 When Share of Company Name (2239) Fund preferred — (irreg.).' common (initial) 55c 37%o (quar.) « — —— (quar.) — '$1.0674 • l; 511 6-1- 511 6-1 r 5-31 '4%c 5-13 5-31 BOo 420 .. 48 (2240) The Commercial and Financial Chronicle Per Name of Company (s-a) Motor Hudson Pulp Car (quar.) & Paper, Humphreys Mfg. 6% A Co., 6- 1 5- 1 5- 1 5-15 6- 1 5-15 $1 6-10 30c 6-30 6-30 Foods, 5% pref. series A 5-31 (quar.) Huron 6c Erie Mortgage Corp Huttig Sash 6c Door Co., new com. (initial) 5% preferred (quar.) preferred (quar.) 5% preferred (quar.) Hydraulic Press Mfg., 6% $1.25 preferred (quar.) (resumed)_— 1 6- 9- 1 8- 7 7% $250 h). }<« 7% 16C International f. ;V. 1 ■ - shown 4-29 1 9 6-14 6-10 7-15 6-15 6- 5- 7- 3 7- 3 6- 6- 2 5-26 6-20 ; 6- 9 5-23 6-15 fi >>: ■ ' • »v 6- 7% • 5-26 5-26 6- 1 5-1? 6-20 10c 6- 6- 1 5-19 6- 1 5-10 6- 1 5-10 6-15 6-12* 6- 7% 7-15 6-15 10c 5-31 5-22 8- 1 8- 7-19 1 7-19 11- 1 10-19 25c 11- 1 10-19 7- 1 $55.25 of the 7- 7- 1 issues re¬ per B preference Water preferred D Jewel Tea 3%% preferred Special stock Special stock 7- 1 5-31 xiy4% 7- 1 5-31 1 (4 % 7- 1 5-31 6- 9 5-19 x common 37 V4c - (quar.)__ (quar.) 6- 7-18 1 6 preference 4% (increased) preferred, Oil Refining series A (quar.) (quar.) Johnson & Johnson Manufacturing ; — preferred non-cum. 6% non-cum. Katz Drug ^ :■ ; *' -r •»' A (s-a) preferred B preferred Company, $4.50 preferred Kawneer Co. $4.50 (s-a) C common Kent-Moore Extra Kentucky Utilities Co., $750 (quar.). >4' $6 unexchanged shares demption on June 26. $1.18% and the called for 25C $20c $105 stock (quar.). $1.43te $1.93 y3 M. Lake $1.75 6-13 6- 1 5-20 6-1 8 5-29 9 5- 6- 1 5-10 6-15 115c 5-31 6-30 7- 1 6-15 6- 7-1 5- New 10-24 6-1 5-22 5- 9 6-30 6-15 6-30 6-15 5-31 5-29 6-12 5-29 8-31 8-21 11-30 11-20 6-12 25c > 5-19 6-10 5-20 75C 6-15 5-15 — 37 tec 6-15 5-31 25c 6-15 6- 1 (s-a)— $50c 8- 50c 50C — common preferred (quar.).— (quar.) . (quar.) Company, - 1 7-15 7- 1 6-13 7- 1 6-13 7- $2 (s-a)— common 1 6-13 :50c (s-a7— 6-15 e-15 5-15 4c 6-15 5-15 —- (quar.)- (initial common pfd. A conv. 5-15 Reclaiming— 56 tec preferred $15c quar.) - (quar.) 40c (quar.)_ (quar.) 6-12 5-31 6-1 6-10 5-25 1 5-20 6- $1.25 1 5-20 $1.27te 1 5-20 6- 1 5-20 $1.50 — 6- $1.37 te —. ——; 6- 1 5-20 — Co., $4 preferred (quar.)—-—1 Minnesota Power & Light Co. 1 6- 1 80c preferred preferred (quar.) preferred (quar.) Minnesota Mining & Mfg. 7- 6-30 6-15 • , 25c common 70c 6-12 • $1 —- ! (quar.)-—. Mission Corporation (stock dividend)— ' (One share of Mission Development Co. for each two shares held.) Mission Development Crmpany i Mississippi Glass Co., common--; 4% preferred (quar.) : Mississippi Power, 4.60% preferred (quar.)_ 5-22 6-12 5-22 6- .55c 5-11 1 6-26 1 Missouri-Kansas Pipe Line Co., " 25C 6- 1 5-15 6- 1 5-15 B Service Corp, 6-10 9-9 15c . 6-15 ; — 5-31 Monarch B (quar.) Machine Tool A • (quar.) 5 (4 % pfd. Monroe Monsanto Chemical Co., com, $4 preferred B (quar.) Montana Dakota Utilities $1 6- 1 5-12 75c 6- 1 5- $1.50 6- 1 5-17 3 30c 7- 1 6- 9 7- 1 6- 9 6- 1 12y2c 6-29 6-16 50c 6-15 6- 1* 1 880 6-12 5- 6-15 5-31 $25c 1 7- 1 Society, 7-15 (s-a) 6-15 6-15 preferred 5% preferred (quar.) (Henry) 4(4 % (quar.) 6- 2 Motor 1 Motor 6- 1 15c 6-10 5-25 Mount 6-15 3-31 6-15 5- 6- 5 5-15 $5c 6-15 5-15 6 outstanding shares tion on June 20 at plus this dividend) Mountain Fuel Mountain Extra Producers 1 5-15 6- 1 5-15 7- 1 6-15 7- 1 6-15 6-10 5-19 6- 5-12 7- 7- 3 5-10 1 6-20 6-20 6-10 7- 1 6-20 7- 1 — 20c 6-20 5C common 6- 1 5-15 5c 12- 1 11-15 40c 6-30 6- 9 52teC 6-30 6- 9 9 $1.05 6-30 6- 50c 5-31 5-15 $3 (quar.) 8- 1 7- 1 $37teC 6-15 5-20 $62 tec 6-15 5-20 Chemical preferred Co. of 6% preferred 6% preferred 7-1 6-15 7-1 25c 6-15 9 6- National Alfalfa 1 5-15 1 5-15 6-15 6- 1 1 5-15 6- 6-15 5-31 5-26 6-30 6-15 5-31 5-17 5-31 5-15 40C 6-10 5-17 lc 5-31 5-10 5-31 5-10 20c ' 3.75% pfd.— share per 1_. P 30c 6-20 6-12 preferred 6-15 5-15 35c ;I; 6-15 5 National Cash City preferred 6- 1 5-16 7- 3 6-16 50c (quar.)— 6- National 6- 9 6-12 6- 6-28 6-15 1 (increased) & 12-21 50c 6-26 6- 5 75c 6- 1 5- 8 6- 1 5-15 40c 6- 1 5-10 50c 7-14 6- 6 $1.75 —— Louis Ry & 5-31 5- 9 Milling Co. Inc. (quar.) common II com. ~ (quar.) _ *50c 7- 3 6- 9 5- 9* $1.75 common (quar.)_ _1 (Del.) 5-31 50C (quar.) Corp. 9-21 12-28 62&C St. Fibres, Inc., 9-28 $1.50 (quar.) Container 5-15 6-30 $1.50 Register Co A 1 15c 30c $1.50 (quar.) Lines, 15 37 tec $1.18% com. i Breweries,- Ltd., preferred National 5-22 35c America— 5% preferred (quar.) National Automotive National 6- I 6-14 6-10 10c Dehydrating National Biscuit Co., 1 6- 66- 25c (quar.) Nash-Kelvinator Corp. Nashville, Chattanooga $4 5-10 59%c (quar.) (quar.) 7% 5-23 5-10 1 conv. Mutual 7% 1 1 40c class A (quar.) Muskegon Piston Ring Co Muskogee Company (increased quar.) 6% 666- . 25c (quar.)I. Muskegon Motor Specialties—* $2 5-19 $2.50 preferred 25c I 6- 1 6- called for redemp¬ Murphy (G. C.) Company, 5-31 -4(4% 6-15 6- 1 37tec (s-a)_ ' 6-10 5-31 1 6-22 •- - (quar.) $102.50 6- 7c 7- 6-22 $$1.18 Co 25c 35C 6- 1 $3,375 Supply 30c $1.25 ;— ; 1 5-25 1 8 15C common (quar.) Vernon-Woodbury Mills, 6-15 7-17 6- 20c - 4 Corp. (quar.) Corp. (quar.) Diablo Co (quar.) ,i(All 5-15 5-31 25c 5-25 20c $1.05 Company, Ltd.— Extra $25C Massawippi Valley RR. (s-a) (quar.)_r — Wheel Mount 27 tec (increased s-a) com. Finance 6- 25c 9 50c (quar.) Morgan (J, P.) Company Morgan Engineering 1_ Morris Paper Mills, common 4(4% preferred (quar.) Mosinee Paper Mills 6-15 $5 5-20 6- 38 %C —— Lines & preferred 15c $3c ; 2 $1.25 25c (quar.) 5-20 2 6- 50c (quar.) Moore-McCormack Morgan 6-15 $50c Ltd 11-15 6- $1 Co., 4.20% 6-10 25c Mines, t 17 (fee %C 12-15 $20c (quar.) Montgomery (H. A.) Company Moore-Handley Hardware Co., SOc (quar.) 5-15 $20c Co. 6-13 Loan (quar.)_. — 5-26 $1.06 6-15 6-15 62 tec —.— Brewery, Ltd., class Class 15c , 5-13 5-13 , 6-21 6-30 6-15 1 1 50c —— 6-12 $2.50 66- 7- 3 $25c • 7-1 5-26 5-26 $50c Carpet Mills, Inc Mojud Hosiery Co., common 5% preferred (quar.)_^ 12- 9 6-16 6-16 $50c Ltd. Mohawk 9 5-26 20c $50C 6-10 9- 6-15 25c i Containers, 6-20 1 6-16 $$1.25 : Semi-annual 1 7- $1 25 Semi-annual Modern 7- 60c . (increased) (quar.)— (increased) (Robert) Company, Ltd.—- Mitchell 5-11 6- 1 40C —1 ——— Public 6-16 6-10 $1.15 common Missouri Utilities Co., common 5% preferred (quar.) Mitchell (J. S.) Company, Ltd. 6- 5 50c Class Missouri 5-28 35c 25c - 7- $1.75 common — 6-15 6-12 20c v Corp., Ltd. 5 V2 % 5-10 7-24 6-5 10c 30c —* (quar.) pfd.. (quar.)_ 30c (quar.) Co Massey Harris Co., Ltd., 614% preferred (s-a) 6- 5 1 $1.12te 3714c (quar.) (quar.) 6- 5 1 7- — Co 6% 1 5-31 50c com. 1 7- Inc.— Minneapolis Gas Co., 5% 6-22 6- 1 7- 97 tec Corpr-(quar.) Grain preferred $5.10 30c 11- 6- 5 96 (4c Mining Coip. of Canada, Ltd— Minneapolis Brewing Co.Minneapolis-Honeywell Regulator— 1 40c 1 6-20 6-30 $1.08(4 Inc.— Products, Rubber 4(4% 5-19 6- 1 6- 2 6-30 •15c preferred conv. preferred Molson's preferred (s-a) preferred (s-a)— Corp. $1 Pacific Oil Midwest 6-15 6-10 $1.00 3-10-51 . prior Refineries, preferred 8% 5-10 7-31 08- 5-22 $1.75 4 SOc 5-19 $1 5-22 1 6-12 $1.12 te Products convertible Midwest 5-31 1 1 6- 5-22 . Airlines, non-cum. 8% 6- 10c '35c 8 6-15 $1.10 preference—^ C.) Company— preferred $2 5-15 66- 12- 9 50c 3-10-51 convertible Masonite 6-15 6-10 1 (quar.) Petroleum Steel 1 5 $1.10 A $1.50 1 Midland 7- 6- 5-15 1 6- - - Gold Company, Common 7- & $1.10 Consolidated Oil Co. $2.10 23 tec Midland II Inc. Maryland Casualty Co., The 6-10 50c — preferred (quar.) Mar-Tex Realization, common re¬ Midland Oil 1 per $1 25c 5-26 7- $1.0814 Magnesium Products Corp Market Basket Corp. (Los Angeles) Common (quar.) $6 Keystone Portland Cement po.— $7 preferred (accum.) L__ at Marine 75c 6% prior pfd. at $100 per share plus the dividends shown. 5.60% preferred (initial) $115 5 . 20C preferred All at 15C 6-12 called (P. R.) Company (quar.) Manhattan Shirt Co. (quar.) Maple Leaf Gardens, Ltd._ Marathon Corp., common (quar.) 5% preferred (quar.) 25C (quar.) Kerr-Addison Gold Mines, Ltd. (interim)— Key Company Keyes Fibre, 6% prior preferred pfd. .4,. «. 5- 87 %C issue Mallory $1.12 Vi common & Red class 514 % 40c 5-19 75c Mahon (R. Maine Central RR., 5% pfd. (accum.) Maine Public Service, common 25c (quar.) 4%% preferred (quar.) Kern County Land Co. (quar.) Extra Li? $1 40C (quar.) Inc. Sales Madsen Magnavox Mid-West Continent 6--1 25c Macwhyte Company 12 Vic (quar.) Organization, & $3 (quar.) Mid Mid-Continent, (Fort (quar.).._ Mines, Ltd Maclaren Power & Paper Co., Ltd $1.12 Vi common Co. Metal $3 (s-a) 6-10 5-15 $2 Angeles Transit Lines (quar.) Louisiana Land & Exploration Co. (quar.) Macassa (quar.) Company, preferred $1 1 $1.50 6- 1 7- Co., Food 5-31 50c J Los Mfg. Mickelberry's 1 6- 6 8iy4c : preferred (quar.) preferred (quar.).. 6- 2 7- 6-15 6-15 5-25 10c — Inc. 6-15 6-15 37 tec (quar.)„„ common 6-15 7- 10c Michaels Stern & 5-24 30C Products, common (quar.) Lytton's, (Henry C. Lytton) & Company— Irregular ; Co.—- 4(4% 50c 7% preferred (quar.) Los Angeles Investment Co. 7- 7- $1.62te (quar.) — Corp., 5- 5 5-5 75c t 4'4% 5-24 25c Lumber (Missouri) (irreg.) Taylor, 6% 1st preferred (quar.)__ Lorillard (P.) Company, com. (interim) M. 5-15 35c & M. J. & 11- 4 1 50c (accum.) Ludlow 95c 15c 5- 5 25c — Extra 6-15 62teC Long-Bell Lyon 6-21 30c this dividend common stock Lumlnator-Harrison, 15c 6- . (quar.) — t.20% (quar.) 50c $3 Kayser (Julius) 6c Company Kelvinator of Canada, Ltd Kendall I'" (quar.) 50c 3-19 6- 6- preferred 25c (quar.)_ 50c - (quar.) (quar.) Oklahoma & Gulf Ry. 6% s 65c 4-2-51 40c $1.06(4 (initial quar.) preferred (quar,) 4.35% preferred (quar.)— Metz Brewing Co Meyer-Blanke Company (quar.)^- 5-18 6-15 (s-a) Louisville 6c Nashville RR. (quar.) Louisville Title Mortgage Co. (s-a)_ Lowenstein (M.) & Sons, Inc.— 414% preferred A (quar.) Lowney (Walter M.) Co., Ltd 20c preferred 6% 5-29 9 $1.25 Vegetable Parchment Kansas City Power 6c Light— 3.8% preferred (quar.) Kansas, 6- 28c Kalamazoo 4% 6-21 ' common (quar.) Co. 6-30 $1 Quarterly Jones & Laughlin Steel Corp., 5% preferred A (quar.) Joy 5% 6O0 . 2nd Johnson stock share held. 50c : : 3.90% 50c 8% preferred (quar.) Lockheed Aircraft Corp A 3.85% 8- 5 6- preferred common Metropolitan Edison— 120c original stock. $4.30 original stock. $4.30 original stockLock Joint Pipe Company, Lord 1 1 Thermit & 11-15 5c Long-Bell Lumber (Maryland) — 8- 7- 6- 6% Corp., preferred • Metropolitan Brick, 5 8-15 125 c (quar.). original class 6- 12'Ac 6- 93y4o Preference (stock dividend) One-twentieth share of 1-2-51 2c 7,% 3 60c $4.30 $4 50c — . 5-23 9 10- 2 — share plus this dividend Little Miami Railroad special $4.30 6-15 25c 30c 6- 1 7- 3 50c — 4-19 30c Loew's, Inc. (quar.) Lone Star Gas Company 6-29 5- 1 - Metal 5- 3 1 6- 25c 6-15 6-20 1 6- SOc 6-15 15c 6- I12C $i Insurance 6-30 6O0 5-15 25c (reduced) 6-30 $1.25 (quar.) 1 $1 pfd. $1.25 (quar.) 6- $I5c June 5-31 50c (s-a)_—J_i—' Corp., Textile " $1.25 pfd. A 25c 20c on 6-10 $1 1— partic. preferred, (quar.)_„___.—._ Participating - 13c (quar.) pfd. Entire redemption Special stock 5-31 5-15 40c 4% share plus per 5-11 3 5-15 1 July 1 $30 1 xiy4% common Johnson 6c Johnson— at 6- 7- 6-30 (initial)-- $3.25 5-15 1 7tec (quar.).—(Thomas J.) Inc., 6% preferred— Entire issue called fcr redemption on 5-15 5-31 6-15 6- — (quar.) Life Messenger Metal 9 6- 62 tec (quar.) convertible preferred 5-15 5-25 Jim Brown Stores, Inc.— for each National 1 3 6- preferred 5-15 5-17* 6-15* 5-20 5-24 6-I9 9-18 12-19 5-31 62y2C 25c com.- 6-15 6-14 1 6-15 * Mercantile Stores Co., common (quar.). Mergenthaler Linotype Merritt-Chapman & Scott Corp.— 6 Vz% preferred (quar.)_ 6-15 7-1 30c Liberty Life Insurance Co. (So. Carolina)— Quarterly Life Savers Corp. Liggett & Myers Tobacco Co. (quar.) 1 7- 6-30 4% 9-30 Libby-Owens-Ford Glass Co.— Liberty Fabrics of New York— 30c (quar.)__ Company, . —1^.—: 6- 6-10 7-10 7" Common 7-14 $$1.75 (interim) Brothers,common Common for — Jantzen Knitting Mills, 5% Jefferson Lake Sulphur Co. Johns-Mahville Corp. !;> Lewis 6- $25c 1 12-27 — Sons, SaHvpompany 30c (quar.) B & 3te% preferred Lit Brothers, 6% 40c 8- 1 40C Ltd Lansing Stamping Co. (quar.)—; Lanston Monotype Machine Co. (quar.) Laura Secord Candy Shops, Ltd Lawrence (A. C.) Leather (reduced) Leath & Company, common (quar.) $2.50 preferred (quar.)_—— Lee (H. D.) Company (quar.) Lees (James) & Sons (quar.) Lefcourt Realty Corp Lehigh Coal & Navigation Co.Lehigh Portland Cement Co. (quar.) 4iy4C A preferred A.) Liquid Carbonic Corp., 5-15 6- 7-. 3 Bleachery & Dye Works (John 6-15 ■ 4 Lang 5-15 5-15 6-15 6-14 25C 1 1 1 10-10 Bryant, Inc. (quar.) Lane-Wells Company (increased)— 1 1 7- 5-10 1-10-51 Lane 7- 6- 1 7- 3 $50c 125c : (quar.) 5-15 6-1 6-15 50c (quar.)-— Aircraft, 5-15 6- 12 %c Company — —: 66- 9-20 6- $20c (quar.) 7- 93y«C & =1 6* 35c • - .. (quar.)_ common preferred (quar.);—z____ Common (quar.) Common (quar.) Mead Corporation, common 4(4% preferred (quar.) 4% 2nd preferred (quar.) : Mead Johnson & Company, common 12-20 75c common Inc. Co. 30c 97 %c 9-26 12-28 Corp., $2.50 Common 6-21 $1.25 (quar.)__. H.), 60c (quar.) Supply Co., (quar.) Co., 22y2c X$$1.75 (quar.) (M. Quarterly $1 6-15 $1.12te - 85c McDonnell * Lipton 1 6-27 $1.12 Vi common Quarterly Quarterly Lincoln Stores, Inc. (quar.) Lionel Corporation (quar.) Lipe-Rollway Corp., class A 1 $51.00 shares preferred Machine Lincoln $59.50 - $1.12 Vi 6- 93 (4c McCormick v 35c Increased quarterly 37tec ' 6-10 1 J40C Lexington Union Station, $75c . being called for July 1 at $102.50 preference C Jamaica $5 A's $2.50 Landis 1 ' $3.75 McCord 5-23 6- IOC Leverage FiuW^of Canada, Ltd. 6-20 6-12 50C 125c (quar.)__ 6- 15c 5-15 IOC (quar.) Gold Mines, Ltd. 6-15 Power— : Milling, Leslie 50o 6- 3 5-31 IOC (quar.) Ltd.— 6-22 1 6-14 50c 31ttc preferred 7-14 37 Vic — 2nd $1.25 (quar.) preference 7% $5 I'*: 1 10c 9 5-19 5-19 6- 93 (4c 5c 50c are on preference 7% AH * 1 6-26 6-26 25c Jaeger Machine Co. (increased quar.) Jamaica Public Service Co., Ltd.— Common (quar.) '# ■' if 9 $1.50 (quar.) plus the dividends shown. common (initial)——; 4.80% preferred (initial quar.) Iowa Public Service Co., com. (quar.)__ 3.90% preferred (quar.) 3.75% preferred (quar.) Iowa Southern Utilities Co. (Del.)— Common (quar.) 5%% preferred (quar.) Iron Fireman Mfg. Co. (quar.) ;> j.., 5 5-17 6- 5-26 37 Vic (quar.)— University- Woods preferred Lanett 25c common 1 New W* v* '»v 7% Lamaque 5-31 35c : & the of Laraston 20c 6-15 6-26 6-12 9 5-29 - 75c (quar.)___ preferred (1947 series) (quar.) preferred (quar.)— Maytag Company (increased quar.) McAleer Mfg. Co., 5% preferred (quar.) McBrine (L.). Ltd., preferred (s-a) Mc-Coll Frontenac Otl Co., Ltd 5-25 5-26 6- $3.40 2 30c preferred convertible Lake 5-22 7-15 $25c share . t't 5% 6-15 6-14 6- $37&c (quar.) above demption V 4-20 conv. Lamson. & Sessions (quar.) Corp. preferred B 6% preferred C The unexchanged •" I: 7- $1 6%% t tr 5-17 6-30 25c preferred Iowa Electric, Light 7% preferred A ' £ 1 5-31 $1.75 Participating f)'' t 6- 8 10c 6- 1 6- 50c $12tec 7-15 6-30 25c 6-15 6- 3 $1 15C 7- 1 6-10 • of Rec, 6-10 37%c — Roller Payable 25c Plant-Choate Mfg. Co.— Common Participating $2.50 • J,' t. 5- ' (I»■' ' 1 5-31 $20C Co. Utilities 1 6- 27 %c (quar.) Intertype Corporation Investment Foundation, Ltd.— 6% convertible preference (quar.) Investment Trust (Boston) (quar.) Investors Trust Co. of Rhode Island— $2.50 preferred (quar.) »*'■! K 5-26 25c Interstate Department Stores (quar.) Interstate Natural Gas (increased)Interstate Power Co. (quar.) t* 8-30 International Metal Industries, Ltd.— Class A common (quar.) $50c 4%% preferred (quar.) $$1.12 Mt 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. International Silver ii 6- 9 27V4C (s-a) <r 6-10 50c International Products Corp. International Resistance Co., Quarterly Quarterly Quarterly Labatt (John), Ltd Laclede Christy Co. (quar.)_. Lake Shore Mines, Ltd. Lake Superior District Power, 5% preferred (quar.)___ 9- 5-16 6-30 15c 5-22 5-22 6-15 1 1 When Share Co. Electric May Department Stores Co., com. $3.75 preferred <quar.)_ 6-10 7- 20c ; La 6-10 $1 (quar.) preferred industries 6- 6-20 $130 La Salle Extension 6-29 10c 10c 25C (quar.). 5-15* 17C International Cigar Machinery Co International Harvester Co., com. (quar.) *.cJ France 7-14 25c 5-16 IOC Inter-City Baking Co., Ltd International Business Machines Corp.— Quarterly International Bronze Powders, Ltd.— preferred La 8 preferred 9 1 Company (quar.) Mathews Conveyer Co. (quar.) Matthiessen & Hegler Zinc Co.__— Maxwell, Ltd. (quar.) 1 9 8- Name of "Master 9 66- 7- $1 Co 6-12 5% Aviation 6% I Rubber 6-30 / 75C Group shares (increased) Stock & Bond Group shares Insurance Exchange Build. Corp., (Chicago) Quarterly i 6- 5- 1st 5% Inland Steel Company Institutional Shares, Ltd.— V. 6-23 - $12%c Rayon Corp. (quar.) Special stock dividend Industrial Silica, 6te% preferred (accum.) 6te% preferred (accum.) Industrial Wire Cloth Products Corp. (quar.) Ingersoll-Rand Co. f 7 6% Industrial U 6-15 7- $3 Interim i 5-29 $1.50 B.) 6- 1 7-1 $1 — 6-30 6-30 (I. 5-31 7-* 1 45c Kresge 5-19 1 6-15 preferred— Imperial Chemical Industries, Ltd.— Ordinary registered (final)— Imperial Oil, Ltd. (s-a) Imperial Tobacco Co. of Canada, Ltd.— •* 1 8- 10c 6-15 $1.12 Vi (quar.) Knudsen Creamery (Calif.), com. (quar.)— Koehring Company (S. S.) Company (quar.) Kress (S. H.) & Company (quar.)— Kroehler Mfg., 4te % preferred A (quar.) 4te% preferred A (quar.) 4te% preferred A (quar.). Kroger Company, common (quar.). 9 20 6- $25c (quar.) (quar.) Kleinert 12-20 50c Cement Co. (quar.) Illinois Central RR„ common - 1 6-20 9-30 12-30 37 Vic (s-a) 6- 6-30 $1.25 Ideal ncn-cura. 5-15 6-15 3 6-13 $1.25 Hydro-Electric Securities Corp., pfd. B Hytron Radio & Electronics Corp 6% 5-31 50c 5% in- 5-11 7- $$1.25 _ common preferred Kingan & Co., 4% preferred (quar.) Kings County Lighting Co. (quar.) Kingsburg Cotton Oil Co. Klng-Seeley Corp., 5% conv. pfd. (quar.)Kingsport Press, Inc. (quar.) Kingston Products Corp. (s-a) Kinney (G. R.) Company, common (quar.)_ 5-15 12 fee 6-15 5-31 \ Per " ? Payable of Rec. 40c quar.)— convertible 2nd preferred 4% 4te % 6-19 12 %c (quar.) (increased Holders When Share Wire 6c Kimberly-Clark Corp., 6-19 $1.50 Steel 50c 6 6- Keystone 6 6- common (quar.)__ Inc., 5% pref. Company 5-12 31 (4c (quar.)_ preferred Hunt "V 6-12 32c pfd. Per Name of 6-10 25c 5% 5.12% preferred B (quar.) Humble Oil & Refining Co ■M ^, 1 $$1 Ltd— 7- 25o •j;! .n Holders Payable of Rec. 75c Smelting Co., Hudson When Share Hubbard Felt Company, class A Hudson Bay Mining & Monday, May 29,195Q *. < 6-16. 5-15 9> 1950 Eg 171 .Number 4911 volume Holier o/*ec. The Commercial and Financial Chronicle . . . 5-25 5-2E Share of Company Name , preferred 20c (quar.)— Wy National Discount, i 1 5-10* 1 5-10* common- 40C 6-10 5-31 $12%C 6- 1 115c 6- 1 5-12 5c Quarterly 1 8- Common 5c 11- 1 1 6-15 50c 6-10 Page-Hershey NaUUonaieFood" Products 5-24 6-19 9-18 12-19 3-19 5- 5 National 5-5 6-15 5-25 6-6 5-15 5-22 5-22 5-22 6- 2 - 6-20 6-5 preferred (quar.).— preferred (quar.) _— 4y4% 6- 5 3.80% 6- 5 Natural Resources Nebraska-Iowa Packing 5-29 8-21 U-20 5-19 5-20 5-15 5-31 6- 1 7-15 6-13 6-13 6-13 5-15 Mining Newmont 5-15 7- Pato 6- $1.75 6-15 2 9- 1-2-51 1 1 ~ ■ Peerless 7-3 6-15 Penick 1 5-20 6-30 6-15 6-13 5-31 50c 7- 3 6-15 60c 6- 1 5-16 8-4 ;■ & T 8-15 8-15 7-1 6- 5-31 - $1 6-15 ' - 7- -$1.50 ' " ':"$1 ' 1 5-19 6-28 6-16 6- 1 5-23 r -6-1 5-31 5- $20c common-I— 6-15 I 6- 6- 1 Electric (J. Corporation of America, com. $3.50 conv. 1st preferred (quar.) Rath Packing Co. 9 5-31 1 5-1 Ray-O-Vac Company 5- 1 6- 1 4% 5-15 6-14 6- 6-14 7- 1 6-16 10- 1 1 1-2-51 Real • 11-15 2-15-51 i ,2-78 33c 7 , Red preferred : C.) 7 733C 2-15-51 preferred 3.60% 3.90% ; Regent I Niagara Share Nineteen (quar.) '.'50c "7- v Corp. (quar.)z_—— Corp.- (quar.)z———=_L_ pfd. C 6-15 into 5-26 $2,25 5-15 Peoples Stock dividend 1 6-15 ;-r 6- 1 5-15 4 V2 % < 1 5- 1 i Ltd: Mines, 6- 9 6- 9 Perkins 6-30 6- 9 • 90C "6-30' 6- 9 Permutit Pet Norfolk i Southern & 1 North Western 1 5-1 6-15.;. 6-10 5-31 Peter 6-30 6-16 Petroleum '* 30c 7; 1$T 6- 5 : preferred . 6- 1 June 1 6- $1.75 preferred ' 56C 6-1 North American North River Northeastern prior Refractories Insurance States 6- 6- (Butler, Pa.) 6-15 6- (quar.) ______ $1 6- v $1.12% •••< 1 Class " 1 5-22 Scotia Light & Power preference °lExtrIanUfaCtUring Edison Common 5-24 Rheem 7-15 com. A Company, ■. 6-10 •5-24 1 6- , 60c 7- 93%C Co., Ltd.— • 7 6-10 • 6* 6-12 ;• '6- 1 3 50c 6-8 87Vic 6-30 6-10 1 7-10 20c *■ c!w2r, Co., Seamless 3% % 5- Phoenix 1 5- Pillsbury 6 6 6- $4 y $i:'f 7-12 6-10 6-~l 6-15 6- 1 6- 1 6-15 30c $25c 7- 3 6- 1 1 6- 55c ' 6- 1 2 1 2 6-20 . 5- 6- 5- 6-30 6- 6- Co. Erie Filters, class 25c 6-1 1 5-11 Om>, on Orpheum Building Preferred V 8- 1 Inc. Scale Corp.. preferred (quar.) (quar.) 5- 6- 2 1 Corp. 7- 1 6=19* 7" 1 6=19* 90c > 7- 1 6=10 25c 6- after Stock 1 : \ 4% Rclland 6- Ronson 6-15 5-24 1 6-16 6- 6- 1 6- 1 50c 6-26 6- 6-30 6-20 • preferred Provincial f 6- 1 6- 37%c Public T 6- (quar.) 6-15 6* $1.12% V 1 5-19 7- 2 Stock 25c 6- Light. Co., ' 6-15 6% pfd. 5-23 , r Co., Ltd., St. $6 , St. Works 30c 6- 1 5-45 $1.25 7- 1 6=15 $1.25 7- 1 6-15 $1.25 7- 1 6=15 12 %c 7-15 6- 40c 6- 1 5=12 $1 6- 1 5=12 1 $$1.06% 6- 6-12 6- a 6-12 6— 35c 6- 9 6-1 6- 9 6- *>0c (quar.) 6-15 35c pfd. 6-15 5=S2 1 5=15 (quar.) Corp. (quar.) 37 VaC 6- 1 2 1 12 V2C 6- 1 $6 VaC 6- 1 5=13 6-13 .6-8 25c 5«15 j —: 9-14 50% 4%% preferred 1 V. 6- 9 7- $1.12% (quar.)__ 9- 6-13 25c dividend Haynes, 1 6-9 25C 6- 5 6-15 6- 5 6-30 4-30 25c 7- 6-8 30c (quar.) 6-15 $1 Inc. 5-30 ! • Corp, tv $5 .$5 6-- 5 8-15 6- 1 $1.50 6- 1" 1 8- 'y 5-15 • 5-18 (quar.) . preferred 1 -6-15 7-4 7-25 7- 4 $1.25 6=13 8- 0=13 $1.25 12=13 1 9•: 1 12- 1 5 " Francisco Fisher Lock Loan Brick 1 5= 7- Co. 1 6- a 6-30 6-15 U0c 6-15 5-31 6- 1 3-16 6-15 6-10 8- 7-ii Ltd. —— (quar.) Co preferred 6- ^1.10 Assn., Ltd.______ 7c 60c Schwltzer-Cummins 8%% 15c (quar.) $1 Remedial Semi-annual Sarnia Bridge Co., •t Schlage ; 7-25 ' $60c ■ "$1:25 • RSgls Paper Co., common 4.40% preferred (quar.) San 5-26 • (quar.) Sayra A ■ , (quar.) - «- 7 6-10 $$1.50 — (quar.) ____! preferred :, 1 Colorado— preferred 5=22 1 Ltd.— St. 7 . 1st 7- 75c Mills, Paper t\485preferred „ 7-1 ' , $$1.06 2nd preferred (quar.) Louis-San Francisco Ry.— >v ft-10 1. 1 5=18 quar.). .$2.40 - U-10 ;„• 6-15 - $1.06% 1 5 15c Lawrence 8-10 - " 7-15 6-28 4V4% 9- <12- 15c Metal & "5-10 „ 6-20 $$2 6- 1 9-10 6- < (quar.),_, St. Joseph Lead Co - . -5% 6-10 12-10 40c 4M»% pfd. ; 5-19 1 $40c ,y,4V4% preferred (quar.)_ 5=15 •*, : v 5-23 1 $20c (accum.) 5-16 1 .Baguenay Power Co., Ltd., ,, —-— 1 25c Safety Car Heating & Lighting Co. «juar.)_ Safway; Steel Products. Inc. (quar.) ■ '.,5-31- 9-1 12- $2c * Ltd. (irreg.) Transport (increased s-a) 6- 6- ; 6 Ltd.— (s-a) Public Service Co. of $1 $1.02 Va quar.) (Increased com. 6 20 7—__ Paper Art (Jacob), ' 1 ' 25c 5-29 25c 5-31 6-30 " 15c (quar.) Ltd Co., 6- J —— each Haas 6- 6-15 +50c 1 25c 5-16 j 6-15 J 50c : 5=15 25c Sabine. Royalty .*"5*15 1 30c 5-22 6*15 6- plus 5-19 1 7- 6-10 6-30 5. Ruppert 5-15 6-30 •45c .7- 1 Uc ' 1 6- 22yac (quar.) 1 6-1 37y2c (quar.)__.— Mines. Electric .5-19 share per • Ryerson 6- t40c common ' 1 37 %c 6-12* $1.16 pfd. G called for redemp- $105 at Extra 1 .<■ 2 1 Ltd East Dome Mines, Price Brothers & Co., Electric, 43/4% Corporation (quar.) Roxy Theater, $1.50 preferred (quar.) Royal Crown Bottling Co. of Louisville Roy a lite Oil Co., Ltd. (quar.) Ruud Manufacturing (quar.) 5-25 2% 1 50c Extra 5-19 6-16 7- t25c Rowe 5-19 :$25c 6=12* Corp. Ross -Industries 9 5-19 $1.37% 5 1 $20C Extra 9 6- 1 (quar.) 29 preferred A (quar.) ' 5-26 6-16 6-15 6- 7- shares (quar.) & 1 6-15 25c Company (quar.) Company, Ltd.; common & May 29 Ages & 6-12 6- (quar.) held) shares Preston 5-15 H.) pref; 7- 37V2C Rockwell • for <H. on of 6-12 25c 1 5 t50c outstanding Quarterly Quarterly 5-19* $1.75 share pfd,. (all Little A -Quarterly 9 $1.25 6- 6- 25c preferred F (quar.)—— preferred ser H (initial Rock $2 S- 6-10 6-15 . ^ __. 4.10% 50c (quar.)— (one • conv. tion 25c of Canada. dividend Mills, Ltd.— \ participating class A (quar.) Rohm 25C 1 Silk 5-19* — A pref. 5(JC -$1. 6-20 6- 1 " (quar.)_____ (quar.)__ 1 t20c 6-10 •6-1 6= 40c 9=16 ' A 1 : 4 15c 6-10 Paper Corp. (quar.)_ Textile Corp., common preferred 6- Co.___ (interim) America 6=15 5=22 50c 7- $1.25 6=15 (quar.)— 20c 25c Ltd. J — 53y8c :_. common 1 lc Inc.— 5-29 5- 5-26 7- [ Co 6-30 • 5=18 6~10 $1.12% 6-12 1 5=25 1 $1.75 (quar.) 6-15 4% 5-31 6- 6=10 6- (quar.) com. 40C - this dividend. y 5 6-30 1 6-15 $1.12% 9=16 ■ 5 6-15 — 20c * Metals of Proprietary A Co.— 27 %C (quar.) Scott Paper Co., common (Increased quar.)_ Stock dividend (Subject to approval of 1 6-12 3-»» 85c 8- 1 $1 8- 1 7=11* 7*H* 90C " ■ • 6-20 6- 6-10 "• Public Service Co. of Indiana— Common (increased quar.)_— 5-15 , • 7 .$$ 37VaC • —— • 6-15 5- 25c Pressed " Preferred 1 1 (quar.) _—* ->,-4% ' '8- $1.37 Va : 7-15 . usual . "7-10 $1.31% common. preferred $1 ■ Co., Oil Rochester Gas 5-29 7- 50C (quar.) Prentice-Ha!l, Inc. shareholders — 1 9 1 ' ' pfd. r(quar.);— <"°*' ^4 pfd. (quar.)—__ Power Co., common.. —— prefer red 6-12 $ 10c (quar.) River Power *" CorP-- 4Va% 5=10 10- 5-15 6- $$1.50 v _ . 32%c :: (quar.)—;— Co., Manufacturing Co Rockwood & Company, com. (quar.)__ 5% preferred (quar.) 5% prior preferred (quar.) ; 5% preferred A (quar.) Rocky Mountain Fuel (liquidating) (stock Potter Company 5-11 1 1 (quar.) 6-20 6- • 20c common 6-'9 1 ".:7 $1.75 $2 5-15 6- ' 5-19 - 6- $1.12% V $3 Co._— «i°cn BGosh, Inc., 1 6- (quar.) Robertson 5-20 4 6- RR. 7-12 'v 6- 1 The net amount shown above.: ' 6- .'50c pfd. A (accum.) 1st series (quar.) prior pref. 3.60% „ ' 50c; ,:-$1.50 ; 7- 25c nreferred Robinson 5-11 (quar,); Potomac Electric Power Co., 5-17 P Copper Co., Ltd — " iC,an shares (interim)— 6- $1.50 " . being called for redemption on July 1 at $27 per share plus this dividend) Each share of preferred is convertible into 2% shares of common prior to June 26. 1 6- ^ 6-16 6-26 6-30 11 3 2nd v4%% .• 5-11 5% Portsmouth Steel Corp. 5-15 1 5-31 (s-a) 7- 1 5-11 ______ Metallurgical Class B < 9 - $1 °/ 6- 6- (quar.) common Poor & Company, $1.50 class 5 V 6- 6-35 56%C '« 5 1 20c quar.)__;__ 75c (quar.) 1 Extra 6-;l • 6-30 6- I Ltd (quar.) Steel, Pneumatic 6 20c the 6-30 , $0.6583 " • (increased com. Robbins & Myers $1.50 partic. pfd. (quar.)__ Robertshaw-Fulton Conti-ols Co., com. (quar.) ' ; 7=1. 7- 9-18 20C dividend) Fractional payments will be made in cash at the rate of 5c per share 5- 6 6-10 : ' „n^ah Mines, preferred (quar.)_ Development, Ltd. Powell ;— 1 10- 12-18 75c & Lake Plywood, 5-31 6-10 10- 35C A. (quar.) (subject to 1 12 %c Plymouth Oil Company 9-15 40c „—_— 8- $1.75 6-18 , 93%C Coal 7% 6-15 37 %C . T-lf 15C All unexchanged shares <quar.j__ (quar.) Placer 9-15 7- $1.12% ... 1 :.$1.75 •v Pittsburgh, Youngstown & Ashtabula Ry. Co.- 6-15 7- 10- , $1.10 / 5=lt- 5-29 8- (quar.) Class Co Extra 9-1 25c Africa; non-resident 10- 1-1-51 $1 25C (quar.) Consolidation Pittsburgh , — dividend of 2s 6d •9-16 1 30c (quar.) Forgings Pittsburgh 1 6-30 9-30 97%C —=., ___ Otis^e Oltfr^V^ common A Inc., common preferred (quar.) 5%% 50c : 9-15 -4c 15c Inc., common. (quar.) Co.— — Pittsburgh 5-15 50c ; 6*15 9=lt 2 preferred 12-15 7- 9iy4c Pittsburgh * (quar.) Ry. Co. • ' common Pittsburgh _ 4-28 ■ 3 10- 15c 2nd $4 4 5-23 $$1.75 j 7- 10- 2 $27c 1st preferred *-l« 1 10- $1 (quar.) 1 1-1-51 $1 (quar.) Water, $5 convertible preferred 10c ~4i/a~%" pwr<qua"r:r-:--i Co._—I— & Quebec 7- $1.12% ; Pitney-Bowes, ' OrnarC tDV" class A lUU".) a?-« c'* 6'^ pr®ferred (quar.)__ °outh Mills, preferred 4Vi% $1.10 ChxtT T Preferred .(initial untario $1.12% $1.12% Pittsburgh Coke & Chemical, v.^ter Service Co. (quar.)— ' rf s« Inc-» $2.25 preferred A (quar.)__ !?e ^fe -Insurance Co. of America—, iVer United Hosiery Pickle Crow Gold 6 5- 1 * 6- 25c (quar.) preferred Phillips Petroleum Co. . Tuba 9 " 8- '6-1 $$l $$1.13 f » 7% Riverside Inc., 25c Philco Corporation, . , (quar.) 5=18 7% M • (initial) 5-17 .■ 6- 7- S (quar.) Riegel 5-24 : preferred 5-15 V 6- 7-1 preierred Rlegel 6-15 6- $1.50 Philadelphia Suburban ; 5-15 ' 6*14 1 7% 5-25 (quar.) ' Transportation $3.95 1 ___ 1 7- 1st ' 6-15 (quar.) preferred 3 1 33%C — Co., preferred Stix, i. 5-19 "■■-6- (quar.) Extra : ' (quar.).. common 2nd 5-15 11- 6- ;• 5-92 7- 25c *' 7% 5 25c 60c (quar.) 6- ___________ Company (quar.) ♦*•40 25c ^' — preferred preferred $1.12% 97%C preferred rwl : $1 $3.65 1 $$1.50 ..y 7 2nd non-cum. Co. 6-21 1 6- ___ 11*15 $28c Manufacturing Co., Ranch 5-31 ■' com. ,(quar.) Philadelphia Suburban ; 5-19 11-10 20C (quar.). preferred ' 6-10 Philadelphia Electric Co., com. (quar.) $1 preference common (quar.) Philadelphia Germantown & Norristown RR. 7 Quarterly _i_;_ Industries, common 1 5-31 ________— Co. __ 8*15 1 1 $1.12% _- (quar.) J.) Tobacco Co.— preferred [ (quar.) preferred (quar.) Rice, ,5-12 6-10 7 " 7 8- 1 6- 35c 4 6-10 Corp non-cum. $4 5-15 < 9-11 $1.25 (quar.).— 0il Company Company, & preferred Dodge Dairy Products Co., $4.50 1st preferred (quar.) , (quar.). 1 6- (R. Rice 6-10 25c Company .'(quar,).-* (quar.) preferred Ohin ° 1 6- - (initial) '' 7 Richfield Oil Corp. Philadelphia 6-26 30c ____________ 912- 87 %C — (quar.), Steel 4%% Trading Corp.— $4 non-cum. 2md preferred 15C Pre^erred (quar.) ________________ preferred 3-90 k ok«' - 7- 25c (quar.) (quar.) com. Ogilvie Plcur Mills, Ltd., com. 7% preferred (quar.)—. Associated Telephone— $2.20 preferred; (quar.).;— niri 1 50c (quar.) Chio ohm Chi° 7- (quar.) preferred . ml°K 25c ; Co. preferred Shoe, 5% preferred lirteg.)— Entire issue called for redemption on July 12 at $101 per share plus this dividend. Nutrine Candy Company— *, h (Charles) 3Yu% 1 Phelps Nunn-Bush 440% (quar.) Exploration 1st (quar.) (quar.)— preferred ^(quar.) Pfizer y 5-15 1 r preferred 4V2% " Paul, Inc. 1st - (Jiuo 6-15 : participating class A (interim) Company (quar.)__ Pfeiffer Brewing Co. (quar.)____ 5-31 1 $1.31% Service, $40c preferred A (quar.) preferred B-< quar.) 4.50% ; 5-22 $1.12 y2 $4.50 35c Public 4Va% preferred (quar.),,— 5V4% preferred (quar.)_ Norwich Pharmacal Company, 4.50% conv. preferred series 4% 1 25c (quar.) $4.50 Common Northwestern "5-10 9 (Wis.) — 3%% preferred (quar.) ; Northwestern National Life- Insurance -5=15 15c 1 quar.) iquar.)____. 1 $40c common AMquar.) 3.60% 5-22 6- 6- $1.75 $4 1 com. (111.), €- J40C ' A Reynolds > (quar.) 5-31 J $1 9* , Ltd.,' Metals - 5-31 (s-a)______ preferred convertible 5 Co.— 6-20 ♦ 61 J Manufacturing Co. preferred '(quar.) 5%% 5 — , Gear 7- 1 • 7- 3 25c Ltd., - V : preferred & 6-20 "1 preferred (quar.)__-_.*.»_!_ Northland Greyhound Lines— 6% 1 e-io 50C ( •' 6-16 (quar.) Reynolds ■ V6-22 (quar.) ' \ 5% Nova " 6- 6-30 50c (quar.) Power 61- 10c — Y.) Water preferred Northern Liberties Gas Northern (quar.) Co.- (N. 6-30 ' 5-15 7-14 J - 5-29 25C 6% convertible preferred A (quar.) Revere Copper & Brass, common.-.,. 5%% preferred (quar.) ' j Pfaudler ; . (accum.) (quar.) 3'.' 5-11 $1.50 -$L37Vi . 1 (quar.)__ Republic ! , * ______________ 7- preferred i-6% 19. • r,?.:v$l 50 (quar.) 6-15 $1.18% 1 $1 5-22 '5-12 6-15 tflc (accum.) 5-26 1 preferred 6% • ; $■89 7- non-cumulative > 7' 6-20 $2 preferred Petroleum ' 75c (quar.) Investment— preferred 5Va% Corp., common 6-15 $1.25 non-cumulative • • < 4Va% 6-16 6 •6-15 ' 75c —_— . Car North American $4 (quat.i pfd. A 6-30 15c (quar.) (quar.) Republic Investors Fund, 48c Company (The)__ Company, common... Milk 1 -tu Ry,, common (quar.) Mining Corp., Lttf.—lii— Company.. conv, 6% • 5-15 (Washing¬ ' 25c Oil American $2 Co. Co. - Class II until 5-18 5-15 $3 Mills, Renold-Coventry, ' Normetal Norris Railway preferred 6- ' Norfolk 7% 6-15 '• 8 (quar.) -'$4.50 Corp.— Corp. 4V&% Machine 9 ' - 6- 62%c $ 5c (quar.) Corp., 12 Vic __ 50C (quar.) (extra) A preferred 3%% " (quar.) (interim), 5-16 " two Co., $4 preferred Noranda 1 common A Remington-Rand, Inc., ••;5-1 6- 7 40c Coke & preferred •: Perfex 6-30 50% Nopco Chemical 6- non-cumulative v •" . 5-29 6- * $1.01 (quar.)_ Telephone 6-30 50C each for 6=16 50C quar.) ■7",v: stock Telephone Light Common 85c (quar.)'.—;— share (One 1 ' ' Noblltt-Sparks Industries 5-26 7- (All com. preferred '< $1.10 quar.)_____.________ Pennsylvania 1 6-17 . 6- 92ViC (quar.) ' (quar.)____ 6-15 6- , 6-12 (quar.) Bit Knitting < Reliance 6-9 6-J 2 ' 5-10 .'•6-30 s: - 5=19 6-10 $1.60 • 6- 1 , 1 25c ______________ 1 97 Vic Hundred 6*ia 50C $1.60 y.3- 8 k- 6-15 • *50c 1 30c : " .' ....— 1 (s-a) Stores, 43/4% $1.60 w . Pennsylvania State Water Corp.— $7 preferred (quar.)__. 35c (quar.)....—; preferred - 7- 87 %c Company— Brothers, Inc. (quar.) Reeves '♦r Y 30C ' (quar.) preferred A Conv. 7- 50c 1\ ' | 4-21 * 11-15 " . common D 6- 93%c ; 5-29 50c Insurance preferred Roller 5 8* class Hosiery Mills, Owl 11- 4 8-15 33c • Company Corp., Peoples Gas ————_ 1 25c (extra) • 50c ,—— (quar.) 9= 4%c Title prior Reed ' 3.40% 1 9-15 35c preferred Equities, C.) Silk 5% 11-4 25C D. ton, 8-6 25c Co.— preferred 6-14 75c * 6- (extra) Estate Real - 12-15 8-15 Estate Common' j 9-16 , 62y2c 6- '' >25c 1 6-15 (increased) (Increased 1st non-cum. Real 5-26 62yac (quar.) outstanding shares called for redemption on June 20 at $103 per share plus this dividend)._____ 5-31 1 9- Reading Company— 6-1 40c 7- -$1 6- 1 1 ' (quar.) B 3V2% i' 1 10- 25c Raybestos-Manhattan, Inc. Rayonier, Inc., $2 preferred 6- 3iy4c (quar.) Switch preferred 2 1 7- 93 %C 6-15 10c (quar.) preferred Common' (increased 5-23 6-10 ; 1 0= < (quar.)_ common Radio ,5-31 $35c Pennsylvania Salt Mfg. Co.— • 75-15 7- 'r.-l 50c . 6-7 5-19 9 5-31 6-13 93 %C Company," Rapid Ltd.— 25c preferred 4.05% . 5- 6-15 (quar.) 20c Electrotype Quarterly 62 Vic 4.40% ' 50c •: ; 7 6- 7-1 "$1.50 . 1 6- 50c; 50c — 6- 5-31 40C 50c (quar.) v 5- 3 1 $1.50 (quar.) (quar.) preferred ; $1.32 Pennroad <6-9 quar.)__ 25c preferred 50C ■\ Pennsylvania-Dixie Cement Pennsylvania Electric, 3.70% 6-16 7- $1.01 y*. • 1 6-30 $1.50 • 5-17 6- 9 5-19 3%% (quar.) preferred (quar.) Penney 5-31 5-31 1 1 3%% (quar.)__ $1.20 class A 5-10 6- 6- 5-19 (quar.) •>. . 5-17 7- 5-22 preferred »Penn 1 6-10 50C 1 Purina " 20C V* 7: lOc " 1 6- t$1.25 • 5- 1 5-31 60c 1 .(quar.) preferred $1.32 5-26 6- 2c 60c 1 64C May $1.25 Quaker Oats Company, b% pfd. Quaker State Oil Refining * : ; > 1 5-31 1 $1.06y4 common $1.32 8- -4 40c ; (increased 6- 25c Common (quar.) $1 preferred (quar.) J 47Vie 6-15 (quar.) Corp. 6- (quar.) Telephone, $1 .. $1.18% (quar.) 1 (quar.) com. preferred Bakeries Ralston 20c Ford, Ltd. Common . Company conv. Purity 5-15 Cement Corp Peninsular v- 5% ' 5-21 Peck, Stow ii Wilcox 6- Oil 6-15 Co., common preferred (quar.) 5-19 60C 6-1 plus this dividend. 1 Coal 6-15 15c 6-30 (quar.) 5-29 (quar.) 1 25C ' Pure 5-26 $15c ' ' *1.02 50c per share Inc. 12 Vac Dredging, 6- ) " preferred 3 •6-15 at $110 5-31 common Co. Gold 6- 3 31 7 7- 6- 6-30 (quar.) Entire issue called for redemption on Pullman, 6-15 1 6-15 50c (quar.) com. Manufacturing Co., Ltd., 7% Pea body 7- 6- 7- t50c Interim Paton 5-26 -$1.25 6-15 $2.50 5-9) 6-30 35c " 5-20 (s-a) <quar.)___ 7- 15c $1.12'/a ' preferred Consolidated 5% 12 %c ,?v" .... $4.25 12- 10- $15c Corp.:-—-■—- (quar.). 1 6-15 40c Publicker Industries, Inc., $4.75 pfd. Puget Sound Power & Light Co.— $5 prior preferred— 6-15 6- preferred Homers Payable of Rec. -45c (quar.) (quar.) 62 Vic 2 preferred (quar.).: 1_„...... Newport News Shipbuilding & Dry Dock Niagara Mohawk Power Corp.,- commonA 1 40C Co 6- 3%% Class Rust-Proof 7- 53 Vic " Parker 4.08% 9-19 6- Paterson-Sargent Company " Newport Electric Corp.-r= Common (increased quar.). 5-15 $-19 10- 2 preferred 50C Parkersburg Rig & Reel Co., . 5-18 J15C (William), Ltd., 5% pref. (quar.) — Neisner Brothers Inc. (quar.)——.— Nesbett Fund, Inc. (quar.)——------— New England Laundries," $6 pfd.- (quar.)• New England Telephone & Telegraph Co.— New Jersey Power & Light,'4% pfd. (quar.) 4.05% preferred "(quar.)—.;———r. New Jersey Zinc Company.——4:—— New York Air Brake Co ——-— New York, Chicago & St. Louis RR. Co.— 6% preferred A (accum.)__—— New. York Water Service (quar.)—_ Newark Telephone Co. (Ohio)_i _ Newberry (J. J.) Company (quar.) — Newfoundland Light & Power— 1 7- 6-15 $1.50 $1 6- $15c Neilson 6-25 II Share \ Public Service Co. of New Hampshire Service Electric & Gas Co 5-15 5 1 Company 10c t40c _______ 1 6- (quar.) Parmelee Transportaion — — Company 6-15 (reduced)———.—_ Fund (initial) Company Natomas 6-5 5-31 5-29 Pen $1.12 Va (quar.).——= com. 6- preferred (quar.) Electric Co 7- A Tea Company, 4% 6-15 A National 6-15 1 40c 25c Paragon Parker Name of Public ' Tubes, Ltd pipe Line, $37 Vic (quar.) (quar.) Class A (quar.)——— National Lead Co., 7% class A pfd. (quar.) National Life &' Accident Insurance Co. (Tenn.) (quar.) --National Linen Service Corp., com. (quar.). 41/2% preferred (quar.) —— 5% preferred (quar.)— National Oats Co. (quar.)_ — — National Pressure Cooker Co National Steel Corp., new com. (initial) — National Sugar Refining — Class Class 6-15 6-15 8t25 7- " 1 7- 32 Vic 7- Mills, Ltd., class B.___ National Hosiery 9-11 5-15 ;s2%c 11111111111111 Co. t20c (quar.)__ pid. Co., $4.50 Gypsum 1 5-26 tl5c 6- 6- 1 37yac Eastern • — 5- 5 6- Panhandle 1 6-10 6-10 10c IbdaCo^'com. ("initial) ____ Nation al° G r"DC~ers~"coj~ Lt d~~"com m o n $1^50 preference (quar.)— National Gas 6- 5c 20c Corp. (quar.).; 6-10 When Per • $1.40 (quar.) Package Machinery Co. (quar Pacolet Mfg. Co., 5% preferred 10-20 7- $1 (quar.) Lumber Holders Payable of Rec. $1.25 Express Co.— (increased quarterly) Common 7-22 50c Co. preference Pacific Electric "Welding Machine- Brush Pacific Finance Corp. of California (quar.)_ Pacific Gamble Robinson Co. (quar.) Pacific Intermountain 5-12 ^"conveltiSe"* preferred (quarj__ National $1.50 5-31 6-10 Fibre (quar.) !__ Pacific-American Investors, Inc.— 5-19 $1.25 — & Chemical Co. of Canada— Rational Drug 6-10 Share Oxford Paper $5 pfd. 6- (quar.)—---—----—-— preferred net, Company Ox 6- «0c When Per Name of 5-10* $1.06 : Products Corp.- " 5-15 5-15 6-1 6-15 6-14 3-15 5-17* 6-15* 5-20 6-10 $I.183/4 (quar_____ A Z preferred (quar.) - tS Holders Payable vj Rec. , ^ Cylinder Gas Co., com. ■wotional When Per , , '49 (2241) 90c 6- 1 5-15 94c 6- 1 5-15 3M»% v - 4.64 % preferred (quar.)— preferred (quar.) —__ -45C 6- C7y2c 6- 1 5-10 $1.16 6- 1 5-10 1 5-18 stockholders July preferred (quar.) common ; $3:40 $4 preferred (quar.) 17) 100% ■? " •*'* ''A * * - } 50 (2242) The Commercial and; Financial Chronicle Per JVame Bcovlll 0/ Company Share When Per Holders Name Payable oj Rec. Mfg. 3.65% Co., preferred 4.30% preferred (quar.) 9i%c Air Line 6- 1 5-12 25c 6- 1 5-15 *31 %c 1 6- 5-15 RR.— Sterchi Brothers Stores, 5% preferred (quar.) $1.25 6-30 6- 9 Sterling Drug, Inc. 5% preferred preferred (quar.) $1.25 9-29 9- 8 Stern Stern $1.25 12-27 12- 8 40c 6-15 6- 1 1 5% Searle Oil (G. Sears, (quar.) Co. Second of & D.) Roebuck Seatraln Company Co. & Lines, Delaware Shops, Ltd. Angeles), & Participating prior preierred ___. A 4%% (quar.) Corp., Sherwin-Williams Co. (quar.) Class (Franklin)—see _ 3.50% 4.20% Advance A California Original Co., common Service, 5-15 6- 1 5-15 6- 1 Thatcher 6- 1 The Ins. Co. Co, Chemical $2.50 Co. Co. com, A E.) 1 5- 9 $3.75 5-25 Entire 5-15 1 5-26 dend. 30c 6- 1 5-25 called 6-20 6-12 9-20 9-11 12-20 12-11 30C 6-10 5-19 Standard 5% Chemical preferred Co., Standard * •? . '*t" Standard of it Extra Standard Co. Corp. 6- 1 5-16 Quarterly Quarterly Troy & Greenbush Railroad Assn. 6<> 1 5-18 True Supply South Underwood 5-31 5 Union Asbestos 81v4c 6- 5-23 Union Oil 6- 5-23 Ltd., 6-19 5-29* Union 6-15 5-15 Wire 5-15 United Air 8-15 United Aircraft 6- 5-15 United 6- 1 5-16 6-15 5-25 Artists Co. preferred Carbon United-Carr Elastic 6-12 5-25 5-25 $1 6-20 40c 1 1 5 5-24 6- 5 6- 8 5-25 30c 6-15 6- common.—~I 6- 1 . (quar.) (quar.) (Ky.) (quar.) 6- 4-28 6- 4-28 25c 7- $1 50c (quar.) common— 50c common— each two Pacific 6- 9 5-17 7-14 6-21 U. Class 7% 12 %c 8-15 8- 40c 6-10 5-18 60c 6-30 15c 6-10 4 6-12 U. S. 1 9- 1 $1.25 12-11 f5c Pictures, ; Extra __1 10c 1 Co. Assurance Western Life Common Western 5-17 6-10 5-10 6-12 5-15 6-15 5-I5 5-22 7- 1 6-17 25c 7- 1 6-16 $1.37% 7- 1 6-16 2c 7-1 25c 7-5 6-9 $1.50 6-15 5-25 / . (quar.)_ 15c- <quar.)__ 7- 15c :5-22 $1 6--1 : 75c 1 5- 2V 5-15 5-29 5-29 1 6.: 5-35 " 6-20 1 5-20 7- 50c f75c 6- 5 6- $2 1 6-15 6-15 5-22 • (Toronto)— f$1.20 Supply 3 6-16 6- 6-12 ' $1.50 20c 1 6-12 , 25c (s-a)_____ 10- 6-15 12'/2C ; 6-15 10-17 35c (quar.)— : Co. . 37%c (quar.) Company Insurance Co., (quar.) 7- 75c common ■ 3 6-29 6- 1 5-15 30c Co.— 6-15 30c V, : — Pacific RR. 5 3 6-15 ;"'*v (s-a)—, Auto 9 6- 5 - 6-10 :$ |60c Pulp to Paper Co.— Products, Ltd. (quar.)— pref. 6- ' 7-17 ; $1 Virginia 12% 5-31 40c (quar.)______ : Western 6n 7- 1 5-22 ' 8- 'l ;$25c , $6 pfd. (quar.) Northern Ry.__—_ Company \ 6-23 v.' ' Inc. 6-20 6- 5 ,,16-15 _—— Gas 6- 6-16 6rl5 .+25c • (quar.) Jersey & Seashore RR. Ohio 3,., 50c Mfg. Co. (quar.) : WessontOil & Snowdrift Co., $4 pfd. (quar.) West Indies Sugar Corp. (s-a) West 5 6-15 62%c Co. & Mills to 7- 7- 25c - com. 12-1 J50c ■ 1 9-15 6- 8 9- > 8 • ... 5% preferred A (quar.) $1.25 8- 1 preferred A (quar.) $1.25 11-15 11- 1 preferred 7-15 7- $1.25 2-15-51 2- 1 8-10 5 8-15 11-15 6-15 6- 6- 9 5-31 b-15 5-31 11-10 1 6-30 6- 2 6-15 6- 2 6-30 6- 2 7- 6-20 10- 1 2 9-19 6-10 5-24 7- 1 6-10 6-10 5-19 6-10 6- 6-20 6- 1 Western V 21c 6-20 preferred Whitaker 5% 5% $1.25 6- 6- 1 5-15 5-31 5-15 1 5-31 5-15 6-15 6- 40c 6- 1 7-15 6-10 1 5-16 7- 6 6-10 (increased dividends instead of s^-a) will 95c 6-1 5-9 $1 6-15 5-31 5-25 5-31 6-30 6- 6-9 5-19 7-14 6- 8 5 7- 1 6-13 70c 6-30 5-31 be shares Co. (Seattle) 7 5-29 6-19 6-30 $1.25 7- 1 6-23 & $1.25 10- vtc (quar.) Gibbs Sewing Machine Co., pfd. series A (s-a) 5% conv. Winn pfd. series Products, Ltd. (J. B C.), & Lovett common 4%% (s-a) conv. com. pfd. (s-a)„_ (initial quar.) $1.06% preferred Guarantee preferred 6- 1 5-16 75c 6- 1 6-22 5-10 6- 1 5-10 6- 1 5-10 20c 7- 6 6-19* 20c 7- 6 Y.) common 7- 1 6-19* $1.75 (quar.)_ 60c (quar.)_ (Alan) — 5% conv. Woodward 7- 6-15 5-15 5-15 5-3 7-14 preferred Governor (F. W.) Woolworth (F. W.) 6% pref. 6-30 6- 9 6-30 6-30 30c common 6-1 7-31 7-1 6- ' 30c (quar.) 1 6-30 5% (stock dividend) 1 7- 15c (increased quar.) 6- 25c 5-31 5-15 5-15 31%c 6- 25c 6- 3 50c 6- 1 Co, 40c 5-3 6-20 V' t 6- I $1.12% ,6-15 6-15 7- 3 $1.25 v- *4c 67- 1 8- 1 10c 6- 1 60c 6-30 6-*-> *20c 6-30 6-15 25c (s-a) 25c Steel Car Steel Dcor books not (quar.) Corp. Co. closed for tPayable in U. S. Funds, less this 15% tPayable in Canadian funds, tax resident tax 15%; resident tax 7%. 7- 1 6- 8 7- 1 6- 8 a $1.75 7- 1 6- 8 xLess 30% British income Jamaica tax. income tax. * 6-15 15c 6-15 25c (quar.)_: (quar.) 6-1 6- 1 6-15 $1.25 , 5-)5 6-15 75c Youngstown .„ 5-20 6-25 7-20 1 25c Extra Youngstown : „ 25c (resumed). Knitting Mills, Ltd.. class A Young (L. A.) Spring & Wire Tube 6- 1 6- 3 6-1 5-26 6-15 $1.12% York & 5-15 4-21 6-8 a3% (Rudolph) Company Wyatt Metal to Boiler Works •Transfer 6-10 1 (quar.) Company (quar.) & Co., Ltd.— (s-a) Youngstown Sheet 5-15 6-10 90c Worthington Pump & Machinery Corp.— Common (increased) 4%% prior pfd. (quar.) Less 1 *75c *$2.50 $1.50 com. com. Woolworth $1 ~ 5-25 (quar.) Steel Co., Industries, $1 (quar.) 6-12 6-10 20c _: 6-19* —„ IN. 1 $1 (quar.) Company 5-19 22'Ac 6- 1 56%c Wurlitzer 40c 7- 6% preferred (quar.) 3.60% preferred (quar.) Wood 5-18 5-15 1 (quar.)__ Company 6- 5 1 com. (increased) non-cumulative preferred (s-a) Wisconsin Electric Power Oil 6-19 6- 5% Extra 6-1 6- Winnipeg Electric Co., Wiser 1 5-31 7-3 62%c Grocery Company— (initial) A 6- 6-10 25c 5-23 $1.75 — 1 (quar,)__ preferred 6-15 t25c ; (reduced) Brothers, 5% preferred Company, common New 6- 1 JlOc : & preferred 6- 1 6-15 20c ; Ltd. 9-22 6-15 $1.25 (s-a)_. 2 20c $1.25 com._ Inc _— 3 5-29 6- 7-1 7- $4 6-15 7-15 5-23 — 1 50c 3 1 5-24 7- 75c 7- 6- 9 30c al7V2% 6-22 6- Corp,—. Co Oil Wright-Hargi eaves Mines, Ltd.___ Wrigley (William), Jr., Co. (Del.)— Monthly Monthly Monthly Co. 6-15 1 25c j 7- 50c (quar.)__ 4% % conv. prior pfd. (quar.) Wright Aeronautical Corp. held—. 7- 25c ___. semi¬ a 5-9 preferred $4.25 6-15 6-1 conv. Wilson 5-18 6-15 5-16 40c Inc., vtc (quar.) Paper 5% Wilson 5-31 1 6-15 common Corp., 50c (quar.)— Instrument Corp. preferred Wilson 1 " (quar.) Co. Inc. River - Wlggin Terminals, 6- 6- Electric Electric Wichita 6- 6-15 Corp.— 8-15 $1.25 Brake Weyenberg Shoe Mfg. Co. (quar.) Weyerhaeuser Timber Co.__l 6- $1.12% Stationery (quar.) Air Westmoreland, 6-20 6- & 3.80% preferred, series B (quar.)__ Westmoreland Coal Co. (resumed) 6-20 6-20 (quar.) Tablet Westinghouse Westinghouse Wilsil, 55c —a— U, S. Gypsum Company, 7% 0- 5% 75c Company, class A B Extra 5-20 6- 9-11 5% 75c Finishing Co., common preferred (quar.) preferred (quar.) Foil 6-10 5-26 40c convertible S. Company, 9 6-10 37%c preferred Knitting Woodall ; 45c 7% Wayne 5-17 50c 30c (quar.)— Productions— Falls 5-12 $1.25 -—— Cedar 2 1 5-20 50c (increased) Insurance new $4 common 6- 6- $1.25 (initial)— com. 6-20 6- t J20c 2%% for Casually Co., 5-31 10c 75c 65c > 5-20 $1.12'/2 quar.) quarterly Envelope Co., 5-31 93a/4C a S. 5-11 5.20 1 basis. U. S. 6-10 5.20 1 Ltd Co., (quar.) Quarterly S. 1 6- 1 $50c Bonus U. 6-6 6- 6- J50c — U. 6-10 6-17 $1.25 September 5-10 6-12 50c Company 5-10 $1 1 Kc 5-19 9 7-1 $1.25 6- $1 - (quar.) 6- 6- 7- 5-19 Circuit— 6-10 25c (quar.)_ (quar.)__ Molasses, Ltd.— Ordinary registered (final) 6-20 40c 5-31 United United Waterloo 9c Light com. 45c 5-15 6-10 20c pfd. of Corp. in on annual 5-15 *12 %c 5-19 ."> United Light & Railways Co. (stock dividend) One share of Iowa Power & 5-15 6-15 paid new Washington Water Power 21c — (quar.)-—-*. Corp., Ltd., class A Illuminating Beginning 7-14 6- 5-29 5-5 (quar.) Brothers Willson iquar.) United Gas Improvement Co. 7-14 8- Fruit United b- 5 25c Corporation United 6-12 6- lie 4'/2% (initial United 40c Warner 5-25 6-10 25c Fund-,— Company 5-19 5-20 9 ___ Baking Willcox America, (quar.) 5-12 6-15 6-15 Fastener— common United 6-12 9334c Fund Theatre 1 1 5-12 1 62V2C preferred 6- 6- 1 37'Ac : Corp. 6-10 6-15 6- 7- 21c Inc., Corp., 50c $1.12% 40c $1.12'/2 —1 Biscuit New $1.37% 6- *5-31 12'Ac (quar.) B $4.50 5-10 25c Corp., common Stock Amusement United 6-15 35c preferred (quar.) 8 1 $1.37% 5%%; preferred (quar.) Warehouse & Terminal Corp.——. Western (quar.) Lines. convertible 5 1 1 75c Stock Rope 6-15 9-15 40c common Common Union 6- 1 $1.75 A—_—— 6- 6- 5-31 53 '<ec — C 6-15 6-30 6- (quar.)..:—— convertible Weston Fund Preferred 6-15 5.22 1 _______ Cotton Disney West Fund Bond 25C 1 8- 10c Co., ^-28 6- 50c Common 6% 7-14 $1.06'/4 (quar.) (increased) 5 12'/2c (special)— Co. 1 12'Ac Co., Ltd.-—-. Mines, Ltd Walgreen Company^ common (quar.)_ 4% preferred (quar.) ;____ Walker (Hiram) Gooderham & Worts, Ltd.— Ward , 50c Waite Amulet Westeel — Fund $1.50 7-15 Co. preferred Walt 5.15 $1.12'/2 Visking Corporation ;—_—__________ WJR, The Goodwill Station, Inc Wabasso 6- 6- 5-.fi > ' (quar.)_____ Extra (s-a) Bond 5% 1 Pennsylvania— Co. Manufacturing Chemical 6% 6-15 6-30 Co. Viking Pump Co., Virginian Railway, 5% Bond United 6-15 8- 25c Union United 5-26 6-30 50c Rubber A Union 30c Vick 5.25 6-30 pfd. Light 5.15 6-15 $15c , (quar.) pfd. 1 6-10 50c , Company (increased)—_ • Vapor Heating Corp., common-—_________ 5 % preferred (quar.) ___: ;> 5% preferred (quar.) 5% preferred (quar.)__: * Ventures, Ltd. ir______ Viau, Ltd. ' (increased)— Viceroy ' 6- 60c Raalte West Sugar Class Van 7- Company (quar.)—. Union Trusteed Funds, Inc.— 3 6-13 5.15 5.15 65c & Iron, common pref. (quar.) Van Norman Company Vanadium-Alloys Steel Co._^___ 1 5-31 California— Union 40c (initial). Jersey) of 7-15 6- 6- 25c 8 $$1.25 Co. Co. preferred 5-31 6-15 1 6-15 $30c — & 6-10 20c 7- 62'4 c 1 1 1 & Wells-Gardner Corporation 6-12 8- 6- (Ms 6-10 b-10 56Vic Wentworth Common Union $1.20 1 25c (quar.)— LaSalle Street 5 5-23 6-13 7- 30c Co. (quar.) 5 5- 5-11 1 Power 1 Corp.— 8- 6-30 5 Century-Fox Film Corp.— 6- 8- I Steel Spring Co. (quar.) Etanley Works (The) State Fuel Temper 8-31 6- 6- 7- Co. $4.50 prior preferred (quar.) $1.50 conv. preierred (quar.)— 6- 5-11 5.15 $2 1 of " 6- 1 7-1; 31'/4c Trinity Universal Insurance 37 %c 5 6-15 6- 75c Valley Mould $5.50 prior 1 (quar.) 5-15 Union 6- 8-3i» n.3o. 12'Ac 5-15 5-23 Utah 6- (ouar.) 5-15 $1 (quar.) (quar.) Standard ptd. 5-29 6- o-lto 5-26 5-26 5"c Company, 41/4% preferred $3.75 i o- 6-15 6-15 5.31, 9-20 (quar.) 4'/4% Sugar 6- Louis)—— 5-31 5- Products 6-15 Extra 208 Pictures, 6-15 Co (St. 1 94c (quar.) Standard Silica Co. 5 30c (Indiana) (New Bearing 6- 5 5-15 10c 5- 6- Universal 5-11 50c 9 6-30 1 5-31 common— (quar.)— Universal Laboratories 5% pfd. (quar.)__ 5'/2%. preferred (quar.) $1 1— 6-30 1 6- Co. Wallpaper $4 75c (quar.) 6- 8- United 6- Transue & Williams Steel Forgings Corp.—— Treesweet Products Co., com. (quar.)— 5-31 6-14 were Trailmobile — Oil shares 5-11 $1.25 5-27 6-15 July 1 at $105 per share regular quarterly dividend. 35c (quar.) Standard Oil Co. (Ohio), 3 /<% preferred A 38,803 5-11 87y2C California Company Roller Telephone 4y2%: preferred A b-15 - 1 1 ' July on 1 7-12 Dredging Corp., $1.60 pfd. (quar.) Oil on same Insurance United share plus the above divi« Previously also (quar.) com. redemption 6- 6- 6-1 6-29 12'Ac 6- 6-30 6-15 1 6-is 12-20 62'/2c — —— 6-^0 (quar.) — 5-16 (quar.) Standard Oil Co. Standard Oil Oil, Rooting Company Time, Inc. Title 5-15 933ac Inc. for Tilo Timken 6- 6-15 6-20 75c common.. Corp., common—Lines, Inc. (Del.) (s-a) United Steel Corp., Ltd :i United Stores, $4.20 non-cum. 2nd pfd 6-15 (quar.) called at $106 per 6-19 Corp.— Standard-Coosa-Thatcher issue 6-14 5-16 preferred (quar.) Standard Cap & Seal preferred Associated preferred $1.25 (quar.)—_ common $3.50 conv. Water 5-15 5-25 6-14 6-15 5.0c ' 7-1 35c Co., Steel 6-14 - Tide 6-15 6-14 — Mills Thrifty Drug Stores Co., 1.50 7 (quar.) 5-19 $1.50 9* 5.10 ' $1 Truck oOc 6- 6-15 5- 1 75c preferred (quar.) S. S, 50c Thompson Products Co., common (increased) 4% preferred (quar.) Thrift Stores, Ltd. (increased quar.)— 1 preference 5-29 6-15 9 7- 75c Company, 1st pid. $1.06 V* 9 ___! I (quar.) ; Accident Insurance Co. Standard Brands, Inc., common $1.60 preferred quar.)„ 5- 1 Standard 5-12 62'Ac (increased com. 1 6- (quar.) Mfg. Co., 41/4% Co., 6- 10c preferred Steel Thomaston 6- (increased quar.) 6-15 1 10c common- (quar.)--. 1 7-14 (quar.)_„ 1 1 10c 6- 25C . 7- 76- 31'Ac common 9 40c . 6-15 25c (quar.)_ com. 6- 17yac (increased) 5-15 1 25c 5-31 5% _ 1 7- ^bc 3 __ (quar.) 6- 75c 7- $1.37% Extra $4 preferred Co., Company, preferred 6-30 (quar,) 5-13* 25c Thermoid $1.25 (quar.) Squibb (E. R.) to Son, (A. 5-31 5-31 $1.25 Spencer, Kellogg & Sons, Inc. (quar.) Fpiegel, Inc., $4.50 conv. preferred (quar.) Electric 3 3 (quar.) (Dallas) 5-31 50c Fair 7- 7- 75c — Carbon $3.75 Glass, Mfg. $1.25 Co., com. preferred (quar.) 1 (New Hampshire)— 3%c (quar.) 1 57V2C (qUar.) Textron, Inc. (Rhode Island), $1.25 preferred (quar.) 50c com. 1 9- 5-16 50c preferred Common ,_ 6- 1 $1.75 (quar.) 4'/2% U, Universal 3 6- (initial quar.) 75c Utah-Idaho 7- 6-1: 50c — U. 5-27 7- (quar.^__ 22%c non-cum. 6-30 10- com. (s-a) ;— Rubber S. 8% 6-15 1 $1.06% _— (New Jersey) Printing to Lithograph preferred A (quar.)- 8- 10c 1 this __ 2 9 <quar.)_ Co. 6- 25c Investment Life Oil 25c $2.30 Twentieth common- 66- 5-19 25c Extra Textron, Inc. Truax-Traer Coal (quar.) convertible & 1 34 %c tquarj Electric Coal 1 on , preferred Etaley Pacific 6-28 75c Co. (quar.) (quar.). preferred $4 Texas 6- 20c Electric, (quar.)— 1 2 35c — 6- 6-15 Co pfd. 12 %c — & 7- 6- 5-29 (increased)— com. 7-29 31 %c (quar.) Gas Works, 7% Mills, 6-10 6-15 Ry. (quar.)__ Texas Gulf Sulphur (quar.) Extra —r $ 1.265625 non-cum, f 5-23 Flour 6-10 8c (quar.) 1 6-19 3c Gulf Producing Co. 30 %c non-cum. Fprague 6-30 50c 5% Spencer 6-16 75c 5% Speer 6- 5-31 Georgia (s-a)— 25c Spalding (A. G.) Brothers (quar.)— Sparks-Withington Co., 6% conv. pfd. (quar.), Spear & Company $5.50 2nd pid. (quar.) u 9 3 6-15 6-30 & preferred $1.05 (quar.) 7- U. Holdrr. Payable of Rtc U. S. Spring & Bumper Co.— 2 $1 — Haute Water plus the (initial) 6- 27c (quar.)— Corp. Tex-O-Kan Co., Inc.— (quar.) Railway Southwestern ,< Terre Texas 2nd 6% Alabama . 27c preferred Company Southwestern i' 5-15 __ (quar.) Indiana Southwestern 1 1 30c Southwestern Associated Telephone— $5.50 preferred (quar.) i 6- 7- Co.— preferred (quar.): 4.80% preferred Southern Natural Gas Southern Pacific Co. •'«*! 6-19 $ plus 6-20 7-15 50c (accum.) 30c California Water Co., com. preferred convertible preferred 5% Power, Tennessee 1 : t$1.12% (quar.) preferred Southern Telluride 7- 70c (quar.)— convertible preferred 40c share Edison preferred preferred Southern ■" 5-31 1st *$1.25 _____ Southern ; 6-10 7% $1.12% per 5-15 1 50c *30c redemption 6- Telephone Bond & Share— 5-20 Simon Paper for 4.08% i.f 6-15 7- 5-24 87 %c & 5-25 6-30 10c 50c (quar,) 6-15 56J/4C — *$1.25 Lines 6 15c (quar.)_____— 6-15 6-14 *15c —- 7 50c Syracuse Transit Corp. Talcott, (James) Inc., com. Thomas Co 912- 25c 1 *25c (quar.) 9-15 12-15 S. When Share Corp.— Potash Company o. 5% 1 40c 1 (quar.) Platinum b- I4c 6-30 ._ •___ 6-15 40c 6- __ com. 6-20 50c (quar.) 25c ___ 4-30 1 $1.06V* Quarterly $1 ' 5-18 1 7- 1 $1 Sylvanite Gold Mines, Ltd Symington-Gould Corp. 59%c , 5-29 6- 1 25c (increased) 4V2% preferred (quar.) Talon, Inc., common Tampax, Inc. (quar.) Taylor & Fenn, 4.32% preferred 2 _ Carpet Co., $106.50 1 at dividend. 4% 2 2 *30c : & Bag 4.32% [i !l 6- — (quar.) Franklin called Aug. 5%% 6-16 6-22 *50c Greyhound issue 5%% 6-30 6- ___ , Works preferred Southern 5-19 Co. Tennessee, (quar.) Lathe Southeastern 4.88% 1 U. 6- 5-15 28%c Co. 62 %c com. class 1 ft# 6- 35c (quar.) Oil Co., Inc. Southern 5-25 50c American Gold (quar.) Swift 25c (quar.) & Sons Behd B Machine Tool 5-20 5-25 U. 6-15 26$c — 5-31 50c South (quar.). 6- 50c South A 6-15 & 6-16 5-31 50c Company (Calif.) Sutherland Paper Co., common (quar.) 4y»% convertible preferred (quar.) 1 1 25c Superior Oil 5-25 25c Socony-Vacuum (quar.) Sonotone Corporation, common $1.25 conv. preferred A (quar.)— Soundview Pulp Co. (quar.) r Sunstrand 6-15 *$1.75 preferred Entire 6-15 5-31 Quarterly Quarterly Quarterly 7- 6- (quar.)—,1 preferred U. S. Playing Card Co. U. S. Pipe & Foundry 6-10 37 %c (quar.). (quar.) common preferred 1 1 6- . — preferred 4%% 4%%f 77- tlOc Quarterly Quarterly Quarterly Smith (Alexander) !lf 5-18 25c Co., 6% conv. pfd. Corporation (quar.)__ 6-15 2 (H.) Southern 6-15 6-15 31 %c Ltd. Skelly Oil Co., new common (initial)Skilsaw, Inc. (quar.) Sleight Metallic Inc, 60c pfd. (s-a) Sloss-Sheffield Steel & Iron ' 1 25c common (quar.) 25c Dairies, Ltd., Extra > 6- I75c (quar.) $1.25 Simpson's, Ltd., 4%% preferred (quar.) Singer Manufacturing Co. (quar.) ' 1 6-15 40c - P.'i 7- 6-15 40c & Sons, Ltd., com. (quar.) 5% preferred (quar.) Simonds Saw & Steel Co. (increased) : Sunray Oil Corp., 4(4% preferred 2 iquar.j-,. _. Simon 6-15 7- B Simon 1 7- 7- _ Silverwood Western Dairies, Ltd.—• 5% preferred (quar.) Simmons Company H 5-26 $1.25, (s-ai pfd. $5 Ray Drug *25c A Steel Silverwood Sun *50c (quar.) Ltd Gas, class (quar.)-. 6-10 *56 %c _ Canada Strapping, 5% preferred (quar.) Silknit, Ltd., common 5% preferred (quar.) I 9 $1 25c Extra .__ of Ltd. 1 10c quar,)___. common to B Signode ' 8- 25c 7- $1 _ Mines, Oil class A Securities, Oil Company 75c _ (quar.) Shoe Corp. of America, class A (quar.) Shuron Optical Co. (quar.) 1. Class t» 6-15 25c Sun 15c preferred Signal 1 3 75c —_ 6-10 22c :_— preferred (quar.) Sigma Ltd., Electric 1 25c _ Shenango Valley Water Co., 5% pfd. (quar.) Shepard-Niles Crane & Hoist-— Sheraton Corp. of America— Breweries, Screw 7- 50c $1.25 convertible preferred (quar.) Sherwin-Williams Co. 4% pfd. (quar.)— M Suburban 12 %c series A preferred (quar.)__ 4%%, series B preferred (quar.) Sheller Manufacturing Corp. Sicks 5-15 $2 —— Shellmar Products I 1 25c 4% 7% 6- 50c — ,— _______ I Strawbridgs & Clothier, 1 Sunbeam —- (quar.) Sbattuck (Frank G.). Company Shawinigan Water to Power I Til 5-15 $1.50 (s-a) Brothers, Inc. ._, I 6- 1 10c (s-a)___, Sharon Railway (The) Sharon Steel Corp. (increased \ Co., 6-12 6- Co. ______ , • 4%% \ Machinery U, S. Lines Co. , 7- of Company Hoffman S. 4'/»7*. pfd. 9-15 12-15 25c (increased) Coal Co., Inc. (resumed)— Storkline Furniture Corp. (quar.) — 31 %c Oil & Gas, 5% pid. (quar.) Serrick Corporation, class B (quar.) Extra , ! 9-29 12-29 56c & 15c _ Guaranty (s-a) preierred 4% Class Webster & Common Seminole r Per Name 6-15 50c Stix, Baer & Fuller Co Stone Stonega Coke (See ____ common Extra i-, 6-30 3bc „ , Common participating Seeman I; $1.25 * $1-25 *20c (quar.) *10c Acceptance, commonr_-.r™...„ (Los preierred Stowell __ — preferred (quar.)„ Security Title Insurance ! Holders U. (quar.) (quar.) Inc., tlOc Investment _ 5% ■ 6- 5-10 to 4%% Secord). Securities : 6-15 6-10 12 %C _—— International Ltd., common 4% partic. preferred Secord (Laura) Candy 3% 45c 50c (quar.)__—— Inc Canadian Laura (quar.) (quar.) Co., 1 * inc. When Payable of Rec. Textiles, Seaboard !: Share • Stecher-Traung Lithograph Corp., 5% preferred (quar.) 5% preferred (quar.) 5% preferred (quar.) Stedman Brothers, Ltd. (quar.)—;___ 5-12 $1.07% (quar.) Scythes & Company, Ltd 5% preferred (quar.) Seaboard 1 6- oj Company Monday, May 29, 1950 ... 6-15 * !?-l9 6- 5 6- 1 dividend. Canadian deductible non-residents' tax. at the source. H®*" • • I 'i ' , » . / ■ (2243) Number 4911 ..; The: Commercial and; Financial Chrmicle 171 Volume .■ : . STATE AND CITY * ' * ■ ■ 51 * ■ DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Tarrant at price a of 100.01, a basis of about i .67 %, as follows: City, Ala. Pinole-Hercules Union Sch. Dist. Newington, Conn. Bond Offering—Harry A. Web-! (P. O. Martinez), Calif. Offering —W. T. Paasch, ster, Town Treasurer, will receive County Clerk, will receive sealed sealed bids at the office of Day, bids until 11 a.m. (Calif. DST) on Berry & Howard, 750 Main Street,1 June 5 for the purchase of $63,000 Hartford, until 11 a.m. (DST) on school coupon, or registered bonds. May 31 for the purchase of $1,135,- Bond Sold—An issue of $60,000 $175,000 as iy2S. Due on May 1 from 1951 to 1955 inclusive. Board of Education school 155,000 as l%s. Due on May 1 Warrants has been sold to George from 1956 to 1960 inclusive. \H Wood & Co., of Montgomery, Fort una, Calif. ,nd the Trust Co., of Georgia, of Dated July 1, 1950. Denomination Bond Sale—The $100,000 sewer, Itlanta, jointly, at a price of 98.81, $1,000. Due on July 1 from 1951 Series A-1950 bonds were award¬ j basis of 2.01%. - Due on Feb. 1 to 1969 inclusive. Principal and ed to the William R. Staats Co., rom 1954 to 1970 inclusive. interest (J-J) Bonds j% . ' Phoenix), Ariz. $244,000 school $25,000 Bond Sale—The — were 171, p. awarded to Refsnes, Ely, Beck & Co., of Phoenix, and Soettcher & Co., of Denver, joint- iy2s. as Due on June 15 from 1951 to 1955 inclusive. jonds offered May 22-^-v. 1828 school, Issue of 1950 coupon 25,000 as 2s. Due on June 15 from 1956 to 1960 inclusive. 50,000 as 2%s. >■ Due on June 15 Redding Elem. School District, Shasta County (P. O. Redding), Calif. 'Bond Offering—Ruth A. Pres- leigh, County Clerk, will receive y, at a price of 100.03, a basis of sealed bids until 2 p.m. (Calif. about 2.34%, as follows: The second highest bidder was DST) on June 5 for the purchase Bank of America National Trust £124,000 as 2y8s. Due on July 1 of $254,000 school bonds. Dated &, Savings Association, San Fran¬ from 1951 to 1960 inclusive. June 1,1950. Denomination $1,000. 120,000 as 21/4s. Due on July 1 cisco, Lawson, Levy & Williams, Due on June 1 from 1951 to 1965 Stone & Youngberg, and C. N. from 1961 to 1970 inclusive. inclusive. Principal and interest White & Co., jointly, for 2%s, 2s In addition to the above cou¬ payable at the County arid 2y4s, at a price of 100.009, a (J-D) pons, the entire issue will bear inTreasurer's office. basis of about 2.36%.. / / ;erest to totai 3%%, from July 1, San Carlos Elem. School District, L950 to July 1, 1951. The second .La Vista School District, Alameda San Mateo County (P. O. lighest bidder was Kirby L. VidCounty (P. O. Oakland), Calif * i Redwood City), Calif. •ine. & Co., and: Sidlo, Simons, Bond Sale The $45,000 school Bond Offering-—W. H. Augustus, loberts & Co., jointly, for l^s, 2s, bonds offered May 23—v. 171, p. >y4s. and 2V2s, at a price of 100.03, 2039—were awarded to the Bank County Clerk, will receive sealed t basis of about 2.40%. 1: : ' of America- National Trust & Sav¬ bids until 10 a.m. (Calif. DST) from 1961 to 1970 inclusive. : . New Castle County, Alexis I. du Pont Spec. Sch. Dist. ' .■ . - 1 '• j-, . (P. O. Fresno), Calif. b. 2039 — 000. Due 2%s. as Due on July Due on July from 1956 to 1963 inclusive. 24,000 awarded to Dean were follows: as 1, $15,000 Witter & Co., of San Francisco, at b price of 100.01, a basis of about E.09%, Feb. 1 ;from 1951 to 1955 inclusive. 6,000 21/2 s. as as 2%s. y Due on July 1 in :'J" 1964 and 1965. ; 1 ^ for 7 on about 2.58%, as follows: ': |Ballard Sch. Dist., Fresno County \ Bond Sale—The $83,000 build¬ ing bonds offered May 23—v. 171, June ings Association, of San Francisco, at: a price of 100.08, a basis of CALIFORNIA '■ $725,000 public $140,000 the purchase school bonds. Dated Denomination $1,- 1950. Feb. on 1971 inclusive. 1 from 1951 to Principal and in¬ terest (F-A) payable at County Treasurer's office., O. cipal and interest (J-D) Wilmington. Legality approved by Reed, Hoyt & Wash¬ burn, of New York City. FLORIDA Bond Offering — B. * G. , Due on Nov. 15 1957 inclusive. Due on Nov. 15 1967 inclusive. Due on Nov. 15 1978 to inclusive. IDAHO payable at the Farmers Bank of the State of Delaware, 1968 from Series 1950 bonds. Dated June 15, 1950. Denomination $1,000. Prin¬ Bannock County No. 25 Bond Class A Sch. Dist. (P. O. Pocatello), Idaho Offering—Grant L. Sto- well, Clerk of the Board of Trustees, will receive sealed bids until 7 p.m. (MST) May 29 for building bonds. Denomination $1,on Miami, Fla. Offering — G. N. Shaw, Director of Finance, will receive the purchase of $325,000. sealed bids until 11 1970 Bond (EST) on purchase of $2,000,000 water revenue, Series 1949 coupon or registered bonds. Dated Dec. 1, 1949. Denomination $1,June 7 000* Due for a.m. the on coupon 000. Due Jan. on 1 from 1954 to inclusive. Principal and in-* terest (J-J) payable at the Dis¬ trict Treasurer's office, or at a place to be determined at time of sale; Dec. 1 from 1951* to St. Maries, Idaho 1978 inclusive. City. Principal and in¬ (J-D) payable in New York Legality approved by Mit¬ Farland, chell & sealed bids until 8 p.m. terest Redwood City), California Angeles County Sch. Dists. {£50,000 as 2y4s. Due on June 1 from 1951 to 1960 inclusive. v (F. O. Los Angeles), Calif. Bond Sale—The $1,490,000 South 33,000 as 2s. Due on June 1 from Bay Union High School District .1961 to 1965 inclusive. • bonds offered May 23—v. 171, p; Cascade Union Elem. Sch. Dist., 2143—were awarded to a syndicate Shasta County (P. O. composed of the Bank of America Redding), Calif. National Trust & Savings Associa¬ Bond Sale — The $90,000 school tion, Weeden & Co., J; Barth & bonds offered May 24—v. 171, p. Co., Dean Witter & Co., Heller, the Sequoia Hospital Dist., San Mateo County (P. Los - of & Co., of Denver, jointly, at a price of 100.002, a basis of about 2.34%, as follows: (P. O. Wilmington), Del. Offering—Henry B. du $116,000 as 2y2s.. from 1954 to Pont, President of the Board of Education, will receive sealed bids 290,000 as 2*/4s. from 1958 to until 10 a.m. (EST) on June 8 for the purchase of $300,000 school, 319,000 as 2%s. — . (P. O. Lihue), Hawaii Bond Sate—The Bond v ■'A-. Kauai County improvement bonds offered May payable at the from 1951 to 1970 inclusive. Legal¬ 17—v. 171, p. 1931—were awarded County Treasurer's office. Legal¬ ity approved by Day, Berry & to the Mercantile-Commerce Bank Co., of San Francisco, jointly, at ity approved by Orrick, Dahlquist, Howard, of Hartford. a price of 100.08, a basis of about & Trust Co., of St. Louis, Laidlaw Neff & Herrington, of San Fran¬ DELAWARE & Co., of New York, and Boettcher 2.32%, as follows: cisco. County Sch. Dist. No. 66 (P. O. *' Los Angeles, and Heller, Bruce & ARIZONA (dfaricopa 000 bonds* Dated June 1,1950. Denom¬ ination $1,000. Due on June 1 payable at the office of the Treas¬ urer, or at the option of the hold¬ er, at the Chemical Bank St Trust Co., New York City. Legality ap¬ proved by Wood, King St Dawson, of New York City. City.,,*", Pershung, of New York " . Kelly, .7*"' ■ Sarasota, Fla. Secretary of the Board of Direc Bond Offering — The $3,750,000 tors, will receive sealed bids until water service revenue 1950 bonds 8 p.mv (Calif. DST.) on May 31 offered May 23—v. 171, p. 2039— for the purchase of $600,000 hos¬ were awarded to a syndicate com¬ pital coupon or registered bonds. posed of Shields & Co., Allen & Dated June 15, 1950. Denomina¬ Co., both of New York, Equitable tion $1,000. Due on June 15 from Securities 1 Corp., Harris, Hall 1951 to 1970 inclusive. Principal & Co., Ira Haupt St Co., of and interest (J-D) payable at the 2039—were awarded to Hannaford Bruce & Co., Kaiser & Co., all of New York, R. W. Spragins & Co., & County Treasurer's office. Le¬ Talbot, of San Francisco, at a San of Memphis, Robert Hawkins St Francisco, Paine, Webberi, price of par, a basis of about gality approved by Orrick, Dahl¬ Jackson & Curtis, of Chicago, J. Co., of Boston, Stubbs, Smith & quist, Neff & Herrington, of San 2.58%, as follows: A. Hogle & Co., of Los Angeles, Lombardo, of Birmingham, Tripp Francisco. $32,000 as 2y4s. Due on May 1 Lawson, Levy & Williams, of & Co., of New York, Clement A. from 1951 to 1958 inclusive. San Francisco, Taylor & Co., of Waterford Sch. Dist., Stanislaus Evans & Co., of Atlanta, J. M. 38,000 as 23/4s. Due on May 1 Beverly Hills, and Fred D. Blake County (P. O. Modesto), Calif. Dain & Co., of Minneapolis, R. H. from 1959 to 1966 inclusive. & Co., of Los Angeles, as 2*4s, at Bond Sate—The $46,000 building Johnson & Co., of New York, and 20,000 as 2y2s. Due on May 1 a price of 100.42, a basis of about bonds offered May 23 were Lee W. Carroll & Co., of Newark, from 1967 to 1970 inclusive. awarded to Hannaford & Talbot, at a 2.20%. price of 101.03, a basis of Additional Sale—The $2,000,000 of San Francisco, at a price of par, about 2.78%, as follows: Ceres Union High Sch. Dist., Torrance School District bonds of¬ a basis of about 2.47%, as follows: Stanislaus County (P. O. $180,000 as 4V2S. Due on March 1 fered on above date were awarded $44,000 as 2y2s. Due on July 1 Modesto), Calif. from 1952 to 1955 inclusive. from 1951 to 1969 inclusive. Bond Offering — C. C. Eastin, to a syndicate composed of the 915,000 as 3s. Due on March 1 2,000 as 2V4s. Due on July 1,1970. County Clerk, will receive sealed Bank of America National Trust from 1956 to 1964 inclusive. bids, until 2:30 & Savings Association, Weeden & The second highest bidder was p.m. (Calif. DST) 1,885,000 as 27/8s. Due on March 1 Co., Heller, Bruce & Co., J. Barth Bank of America National Trust from 1965 to 1976 inclusive. SLJftu.n.e for the purchase of & Co., Dean Witter & $307,000 school bonds. Co., all of & Savings Association, San Fran¬ 770,000 as 2%s. Due on March 1 San Francisco, Paine, Webber, cisco, for 23/4s, at a price of 100.08. Bonds are dated June from 1977 to 1980 inclusive. 15, 1950. Jackson & Curtis, of Chicago, Denomination $1,000. Due on June CONNECTICUT Kaiser & Co., Schwabacher & Co., 15 from GEORGIA 1951 to 1969 inclusive. both of San Francisco, Hill, Rich¬ Kensington Fire District (P. O. Bnacipal and interest (J-D) pay¬ Thoma8ville, Ga. ards & Co., of Los Angeles, LawBerlin), Conn. Certificate Offering—C. E. Layable at the City Treasurer's of- son, Levy & Williams, of San Bond Offering—James B. Ells¬ uce. ton, City Manager, will receive Legality approved by Or¬ Francisco, J. A. Hogle & Co., Fred worth, Chairman of the District sealed bids until 8 rick, Dahlquist, Neff & p.m. (EST) on Herring- D. Blake & Co., both of Los An¬ Committee, will receive sealed June 12 for the purchase of $500,ton, of San Francisco. geles, Taylor & Co., and Daniel bids in care of the New Britain 000 electric system revenue an¬ County Sanitation District No. 19, Reeves & Co., both of Beverly National Bank, 51 West Main St., ticipation, Series 1950 coupon or Hills, as 2y4s, at a price of 101.46, New Britain, until 3 p.m. (DST) f-os Angeles County (P. O. registered Certificates. Dated a basis of about 2,11%. Los Angeles on June 13 for the purchase of 15), Calif. April 1, 1950. Denomination $1,Bond Offering—K. H. Harding, $100,000 sewer 1950 coupon bonds. 000. Due on April 1 from 1951 to Menlo Park Sanitary Dist., San Dated May 15, 1950. Denomination 1965 inclusive. CQSi i Secretary, will receive Principal and in¬ Mateo County (P. O. Menlo sealed bids until 2:30 p.m. (Calif. $1,000. Due on May 15 from 1951 terest payable at the Trust Com¬ Park), Calif. to 1970 inclusive. Principal and nf <ti/>0n ^Une 7 for the purchase pany of Georgia, Atlanta. Le¬ Bond Offering — Lawrence H. interest payable at the New Brit¬ gality approved by Spalding, Sib¬ roJi sanitation coupon or iq8bonds- Dated July 1, Cook, Secretary of the District ain National Bank, New Britain. ley, Troutman & Kelley, of At¬ Z r ,Venouiination $1,000. Due Board, will receive. sealed bids Legality approved by Robinson, lanta. HAWAII on^July i from 1951 t0 1990 in„ until 8 p.m. (Calif.-DST) on June Robinson & Cole, of Hartford. lusive. - Bond Offering—Chester C. Mc- City Clerk, will receive (MST) on May 29 for the purchase of $79,000* general obligation coupon bonds, Dated June 1, 1950. De¬ nomination $1,000. Due on June 1 from 1951 to 1965 inclusive; ILLINOIS . -1 Principal and interest iirli Payable at County Treasr;f's °ffice> or at the National lly Bank, New C«y*ma Union York City. Sch. Dist., Santa 15 the for sewage registered bonds. 1950. on J clusive. _ Sale—The $330,000 school ^nds offered May 22—v. 171, p. bnnH w?re awarded to the Bank in^enc® National Trust & SavAssociation, of San Francisco, of $1,000. Due June 15 from 1951 to 1980 in¬ (J-D) Principal payable Treasurer's at office. Conn. Bond Sale—The $875,000 Honolulu bonds offered 2143 May 23—v. 171, p. were awarded to the — (City and County), school Hawaii Bond Offering — Wm. Chung- Hoon, Jr., Treasurer of the City Equitable Securities Corp., Union Securities Corp., and Ira Haupt & and County, will receive sealed 9 a.m. (Hawaiian ST) June 6 for the purchase of bids until and" interest Co., both of New York, jointly, as on the County price of 100.09, a basis of about 1.59%. The second high¬ pon Legality ap¬ 1.60s, at a First Boston Corp., est bidder was proved by Orrick, Dahlquist, Neff and & 1.60s, at a jointly, price of 100.05. of a New Haven, $980,000 coupon or Dated June 15, Denomination Barbara County (P; O. Santa Barbara), Calif. purchase disposal system Herrington, of San Francisco. Cooley & Co., for $500,000 public improvement cou¬ bonds. Dated June 1, 1950. Denomination $1,000. Due on from 1955 to 1979 inclu¬ June 1 sive. Principal and interest (J-D) Champaign County, Ftatville Com• Con. Sch. Dist. No. 183 (P. O. Urbana), 111. Bond Sale—The $68,000 «2y4% general obligation bonds offered May 15—v. 171, p. 2039—were awarded to Hurd, Clegg & Co., of Champaign. Chicago, III. Bond Sale—The $3,580,000 re¬ offered May 23—v. 171, p. 2143—were awarded io a syndicate composed of the Harris Trust & Savings Bank, Northern Trust Co., Con¬ funding of 1950 bonds tinental Illinois National Bank & Trust Co., First National Bank, City National Bank & Trust Co., and the American National Bank, all of Chicago, as iy4s, at a price of 100.08, a basis of about 1.22%, Cook County, Northfield Twp. High School District No. 225, (P. O. 1000 Waukegan Road, Bond Northbrook), III. Offering — N. E. Watson, Secretary of the Board of Educa¬ tion, will receive sealed bids until 8 p.m. (CST) on June 15 for the purchase of $1,750,000 building bonds. Dated Dec. 1, 1949. Denom¬ ination $1,000. Due on Dec. 1 from 1951 to 1969 inclusive. Principal and interest (J-D) payable at any Chicago Loop bank to be mutually agreed upon. Legality approved by Chapman & Cutler, of Chicago* La Grange, III. $95,000 munici¬ pal building site bonds offered May 18—v. 171; p. 2040—were awarded to the Central Republic Co., of Chicago, as l%s, at a price of 100.76, a basis of about 1.67%. The second highest bidder was Halsey, Stuart & Co., for l%s, at a price of 100.08. Bond Sale—The Teachers State College Board of thef of Illinois (P. Springfield), III. Bond Offering — O. t* Vernon L. Nickell, Secretary of the Teachers 52 (2244) The Commercial and Financial Chronicle College Board, will receive sealed bids until June 3 1:30 for 350,000 the purchase of Northern Illinois College Student Teachers Halls dence (CST) p.m. $1,State 1985 to Dec. on inclusive. from 1 Principal by approved Sioux and Chapman & Cutler, of Chicago. t * - 171, p. 2040—were awarded to the Continental Illinois Nation¬ al Bank & Trust Co., of « ■ INDIANA tt V ♦ Adams Fine »» , * Bond !' r & r ** Township Mc- Trustee, 1 (CST) on June 2 for the purchase of $52,000 school bonds, divided )» as follows: h $23,000 School Due Township July on 1 from bonds. 1951 to 1962 inclusive; 29,000 Civil Township bonds. Due on July 1 from 1951 to 1965 u t inclusive. ■ Ross, McCord, Indianapolis. in'!! Ice & Miller, of divided highest bidder- Shaw, was KENTUCKY v Jay County (P. O. Portland), Ind. Bond Offering — Jack Thornburg, County Auditor, will receive sealed bids until I; L 'it j. If (CST) p.m. on June 5 for the purchase of $275,000 hospital 1950 bonds. Dated June 15, 1950. Denomination !l t 1 $1,- 000. on Dec. 30 and June 30 from 1950 to 1960 inclusive. Legal¬ ity approved by Ross, McCord, Ice & Miller, of Indianapolis. ? : Due I ;ail La Ky\\ ,»„! Porte Bond Trustees Interest by J-D. Ross, Legality Principal and in¬ terest (A-O) payable at the Citi¬ Bank, New Castle. Legality approved by Wyatt, Grafton & McCord, Ice & Liberty Township (P. O. Fulton), Ind. HI ii ! A Rouch, Township Trustee, will f' ceive : sealed bids until 1 re¬ p.m. (CST) on June 2 for the purchase $125,009 school bonds, divided hp of as follows: $62,500 Due on Township bonds. July 1 from 1951 to 1965 inclusive. inclusive. Bond- school Sale The — $1,700,000 awarded to were a syndicate ton, and 2V4S. as Due on ■t as 21/&s. Due on Aug. from 1958 to 1963 inclusive. Falls, a as 2%s. as Due on l^s, at Bank, of Cedar highest was Paine, Webber, Jackson & Curtis, l%s, at a price of 100.85. and Weil & Orleans, jointly, flecting a net interest 2.51%. was bid p of about 2.54%. Charles, La. Bond Sale Details—The fire station and Carleton flecting Moines, basis as Beh 5s, at of t'F mature to 1959 of Des price of 100.12, about viously noted in ivill a Co., on 4.97%, as pre¬ 171, p. 1932— May 1 from 1951 v, inclusive. of rl Building bonds offered May 22 were awarded to the Iowa-Des Moines National Bank, of Des Moines, as 2s, at a price of 101.10. Legality ■ p ! M ■Hi it! *) as from as as 2^s. 1951 to 2*4s. Due on Aug. 1955 as from 2y»s. 1967 to Due 1969 i'V,' ' t!' ■,»4* 1957 and on May 1 C from Aug. on Aug. est bidder was New were Notes May 25 awarded Bank, C. J. interest, Due The second high¬ Chase National York, and Salomon Hutzler, jointly, at 0.85% interest, plus premium of $7. a dated are Jan. on 31, May 29, 1950. 1951. Legality by Caldwell, approved Trimble & Marshall, Mitchell, of New York City. •' • . \ ' ■ J York, plus •• ■ s\; Walpole, Mass. Note Sale—The extension notes • ; H $15,000 water offered May 18 to " the awarded were Norfolk County Trust Co., of Dedham, as Is, at a price of 100.24, a basis of about 0.88%. Due 1951 to 1953 on June 1 from inclusive. . / — were, awarded to the Merchants National Bank, of Boston, .at - $400,000 Second Security Trust Co., interest, plus a premium of $5. Bank, The $500,000 tax anticipation notes offered May 17 $344,000 Waltham Housing Authority, Mass, Note Sale—The $1,440,000 Third Series notes offered May 25—-v. 2145—were awarded to the ler, all of New York, jointly, at * > ,3 0.87% interest, plus a premium of Dudley, Mass; $19. ;..v 7 Note Offering — George A. Gromelski, Town Treasurer, will re¬ Westborough Housing Authority, to ' 1956 1957 to Silver inclusive; $90;- 2s, due as May 1 from on 1965 as inclusive, and 2y4s, due on May 1 1966 II, price of to 1970 inclusive. Sale —The Issue highest Shawmut National Boston, at 0.97% interest. 8, bidder ; Bank, - 171, p. Chase National Bank, C. J. Devine & Co., and Salomon Bros. & Hutz¬ At hoi, Mass. Sale—The $76,000 Note extension notes May 25 to were L. R. iy2s, at as 1 . ceive sealed bids in care of Massachusetts' the on Day & Co., of a price of 100.- basis of about 1.48%. Notes are dated June 1, 1950. Due on Co., Boston. — Madelyn J. 1 Treasurer, will bids until Bond 8 1980 Longmeadow, inclusive. Mass. Sale—The $685,000 school offered May 25 were bonds awarded to Whiting, Weeks price of 100.09, a basis of about 1.48%. Sale consisted of: $500,000 building, bonds. Due Act 1949 1970 to on June 15 from on June 15 from 1951 to 1967 in¬ Dated June nation $1,000. terest 1951 to 1967 inclusive. 30,000 school loan bonds. Due June 1 from 1951 clusive. Dated June 1, tion $1,000. to 1965 on in¬ and in¬ payable Storey, Thorndike, Palmer & Dodge of Boston. Maiden Bond Series 1950. est a Denomina¬ bidder Housing Authority, Mass. Co., and Salomon Bros. & Hutz- Legality ap1 proved by Ropes, Gray. Best, rfftQc/ Principal Coolidge & Rugg, of Boston. 2'n? $21. was The second John i ^ NiW ,York' jointly, interest, p[Us a premium The second highest at of bidder high¬ & Nuveen Co., for l^s and iy4s, at a price 100.04, a basis of about 1.34%* of Mich. Bond Offering—John H. spoon, ceive (EST) Wither- City Comptroller, will re¬ sealed on bids until 10 a.m. June 6 for the purchase of $16,323,000 public utility re¬ funding, street railway, Series 0, coupon or registered bonds, di¬ vided as follows: Sale—The $905,000 Second $800,000 Group 1 bonds. offered May 25—v. Feb. 1, 1951. 2144—were & Bank, of Kalamazoo, as price of 100.23, a basis 1.20%. notes awarded to the Principal and interest Chase National Bank, C. J. Devine the First National' payable at Bank, of Boston. of about Denomi¬ Principal build¬ ing bonds offered May 23—v. 171, p. 2144—were awarded to the First Detroit, 15, 1950. at the Merchants $170,000 Bernardston School loan, National Bank, of Boston. Legal¬ Act of 1949 bond. Due on June ity approved by from Sale—The $290,000 clusive. p.m. Creek), Michigan Bond IV4S, at of Twp., LakevieW Con» Sch. Dist. (P. O. Battle National inclusive. 185,000 building bonds. Due re¬ follows: 1 MICHIGAN Battle Creek & Stubbs, and R. L. Day & Co., both Boston, jointly, as l^s, at a 1951 Bernardston, Mass. Offering to of June 1 from 1951 to 1965 inclusive. Principal and interest payable at the Day Trust Bond 1951 East awarded $1,000. June from water a Denomination « . New York, and Salomon Bros. & Principal and interest payable at Hutzler, jointly, at 0.87% interest, the Day Trust Co., Boston. plus a premium of $2. sealed Madison Parish Sch. Dist. No. 2 Nov. on The, second - was 1 par. (DST) on May 31 for the purchase of $200,000 coupon bonds, divided 1 Due $120,000 ceive inclusive. 1950. discount. D MASSACHUSETTS as I Authority, Series notes offered May 18 awarded to the $1,270,000 Sec¬ 0.86% Sale Note Sale—The , Bros. & Chelsea, Mas*; Note to 1 inclusive. on 1950. Devine & Co., and Salomon Bros. & Hutzler, all of New 2s, Town from 1956 to 1966 inclusive. 20,000 from 1 as Page, Due 1, offered to the Chase National jointly, ' at Housing Day Trust Co., Ill Devonshire Note Sale—The $155,000 Second. St., County Sub¬ Boston 9, until 11 a.m. (DST) on Series notes offered May 18 were urban District, certificates offered May 29 for the purchase of $120,- awarded to the Worcester County on the above date 000 were awarded sewerage loan, Act of 1948 Trust Co., of Worcester, at 0.79% to the Farmers Banking & Trust coupon notes. Dated June 1, 1950. interest. The second highest bid¬ Co., of Rockville,^ as iy2s, at a Denomination der was $1,000. Due on Chase National Bank, follows: (P. O. Tallulah), La. Bond Offering—Jas. R. approved by H. N. Rogers, of Des Linton, Moines. The second highest bid¬ Secretary of the Parish * School der was Central Board, will receive sealed bids Republic Co., Chi¬ Jintil 10 a.m. (CST) on June 27 cago,, for 2s, at a price of 101.09. for the purchase of $500,000 school :v Oelwein, Iowa bonds. Dated July 1,1950. Denom¬ Bond Sale—The $235,000 sewer ination $1,000. Due on July 1 from revenue bonds offered May 24—v. 1951 to 1970 inclusive. 3 "A' *f net interest cost of about 100.10, $20,000 Issue $50,000 2.33%, as previously noted in v. 171, p. 1932—were sold at a price 60,000 Hedrick Con. Sch. Dist., la. Bond Sale—The $75,000 school a June 2142—were p. the of 0.96% 000 $100,000 equipment bonds purchased by Newman, Brown & Co., of New Orleans, on a bid re¬ Bond Sale Details—The $20,000 bonds purchased by the Sale—The 171, —v. to rev¬ were Massachusetts pre¬ 10, 1950. Series notes New Spring Business District bonds: $60?000 as 4s, due on May 1 from 13, sewer a 200,000 Boston, Lake May I on 1966 to 1975 inclusive. re¬ & Co., on a net interest cost a ond of / of Lynn, at 0.84% dated are Nov. on .Note bonds: of Leary reflecting May 2y4s, due as cost of about The second highest bidder Barrow, a Cambridge Housing Authority, of 1956 inclusive, from Scharff & on a bid Due inclusive; 2s, due on May I to 1965 inclusive; 2V4S, due on May as plus Massachusetts inclusive; $270,000 on 1965 Parcel both to as Additional Co., New for Denison, Iowa D. 1956 due 1 171, due interest, Hanrahan, , Swampscott at inclusive, a premium of $11. The second and $60,000 as IVzS, due ; on highest bidder was J. P. Morgan May 1 from 1976 to 1979 incl. & Co., Inc., and Second National 794,000 Issue B public improve¬ Bank, Boston, jointly, at 0.89% ment bonds: $180,000 as 4s, interest. due on May 1 from 1951 to Aug. 1 in May 24—v. Notes 1 from 1966 to 1975 : 1932—were awarded to Jones, a bidder offered basis school 4s, 1957 $150,000 > A as $135,000 1 as 2V2S. Due on Aug. from 1966 to 1969 inclusive. jointly, 1950 First National Boston, at 0.68% dis¬ counts Dated May 16, 1950. Due on Dec. 14, 1950. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Bank, and National 5, 1, 1950. Legality apl Sullivan, Donovan Sale—The $1,000,000 notes offered May 16 awarded as mium of $106. Peoples a York, Boston, 1.05% & June Note enue . Co.,; New Co Quincy, Mass. ' . Bank, follows: as 1951 from . 454,000 bonds price of 100.86, basis of about 1.30%. The sec¬ ond from York, 100.03, Issue $90,000 1964 and 1965. - 2.21%, $435,000 : New awarded & 1951 Aug.,1 562,000 of price- of a about Co., of Louisville, at a price of 101.00, a basis of about 2.41%, as follows: $475,000 all ".7•.> . Rockland-Atlas Corporation, W. H. Co., Andrews & Wells, Morton & by Heenehan Corp., Chemical Bank & Trust Nov. on York City. ' II v ton Michigan Wilson-Trinkle (P. O. Winnsboro), La. Sale—The $110,000 school May 22 2041—were awarded to p. to Philadelphia, First of : • . P.; Morgan dated are proved- $2,500,000- purchased- by Halsey, •Stuart & Co., at 1.05% inter¬ est, plus a premium of $106; 2,500,000 purchased by First Bos¬ of tional Bank, of Ebinger, all of Louisville, Russell, Long & Burkholder, Se¬ curity & Bond Co., both of Lexing¬ Indianapolis. 171, awarded composed Due $5,000,000 notes offered May 25 were , .Co., Stuart. & ; 3 follows: 2040—were p. syndicate War J. •, . Notes l%s. Note Sale—The Halsey, Philadelphia Na¬ Louisville, Blyth' & Co., Lynch, Pierce, Fenner & Beane, both of New York, Stein Bros. & Boyce, W. L. Lyons & Co., O'Neal, Alden & Co., Wagner, Bond i 171, 1%S. , Bond Sale—The $1,429,000 Par¬ I bonds offered May 23—v. a as World to s . Inc., of New York, and the Second National Bank, of Boston, jointlv at 0.87%. : J y' 550,000 sewerage loan bonds, as cel Merrill Franklin Parish Sch. Dist. No. 3 v. veterans: of bonds, Montgomery County (P. O. Rockville), Md. of proved by McCord, Ice & Miller, the First National - to July 1, 1950* Denomina¬ $1,000. Legality approved by Miles, Walsh, O'Brien & Morris, and Semmes, Bosen & Semmes, com¬ LOUISIANA Cedar Falls, la. Bond Sale—The $30,000 parking lot fund bonds offered 1953 Dated Co., all , IOWA certificates. . 1 from tion building revenue bonds of¬ May 24—v. 171, p. 2040— Dated June 1, 1950. Denomina¬ tions $1,000 and $500. Legality ap¬ of loan July on Grafton, of Louisville. 209,000 £2,500 Civil Township bonds. Due on July 1 from 1951 to 1965 1 1965 inclusive. from 1952 to 1957 inclusive* School Due July on Inc., County (P. O. Louis¬ ville), Ky^ construction of public bonds, as 2s. ^ 450,000 construction of bridges bonds, as l3/4s. 1,500,000 construction of build¬ ings, acquisition of lands bonds, as 2s. 2,000,000 permanent housing for ways 1965 inclusive. struction Reid & BondOfferin g—Lawrence Due awarded $1,500,000 / National Bank, of Charlottesville, and Thomas & Co., of Pittsburgh, of Miller, of Indianapolis. Due July 1 from 1953 to 1965 from 1953 to at ap¬ school zens Jefferson on : 5,373,000 installment of the Con¬ posed of J. J. B. Hilliard & Sons, Almstedt Bros., Bankers Bond sive. • '■ to fered proved * 1970 inclusive. receive (CST) a.m. April 1 from 1951 Dated March 30, 1950. Denomina¬ tion $1,000. Due on Dec. 30 and June 30 from 1951 to 1965 inclu¬ f ■ * •'11" ^ I' i Co., of Cincinnati, as 2%s, at a price of 100.40. Dated April 1, 1950. Denomination $1,- June 14 for the purchase of $290,000 improvement 1950 bonds. ir (if Board will sealed bids until 9 I-: A. Hinsch & on public ^b0ut baSiS '' both of Baltimore. building revenue bonds offered May 20 were awarded to Charles Due °f 10°'69, indebtedness, certificates. Kentucky $146,000 school City, Ind. Offering—The School ■v-1 School of Jl Co., of Chicago, W. E. Hutton & a °f Co., Laidlaw & Co., both of New 140% ' "V York, Stroud & Co., of Philadel¬ Mattapoisett Housing phia, Roosevelt & Cross, and Han¬ Authority M assach usetts nahs, Ballin & Lee, both of New Note Sale—The York, at a price of 100.15, a basis $120,000 Second Series notes offered of about 1.83%, as follows: May 25 were 7,308,000 installment of the gen¬ eral public school assistance Henry County (P. O. New Castle), 000. p.m. follows: as on p. McDermott & Co., for 2s, at a price of 101.57. 1 construction certificates. > 2040—were awarded to the Iowa-r Des Moines National Bank, of Des Moines, as 2s, at a price of 101.58, a basis of about 1.87%. The sec¬ ond until $12,319,000 general Bond Sale—The jl. certificates pon Iowa tion $1,000. Legality approved by r 7 bids May 31 for the purchase of $25,000,000 loan of 1949, cou¬ Bond Sale—The $80,000 building bonds offered May 23—v. 171, Mass. DAg on inclusive. Dated June 15, 1950. Denomina¬ . C'} basis sealed (DST) WestDes Moines Indep. Sch. Dist., receive sealed bids until 7:30 p.m. . a ceive tional Bank, Des Moines, for l%s, at a price of 100.51. will ;t 1 price of 100.52, a of about 1.16%. The second highest bidder was Iowa-Des Moines Na¬ Township (P. O. Village), Ind. Offering—Gerald R. Broom, l%s, at Boston, Bond Sale—The $6,000,000 bonds Legality approved by Chap¬ offered May 24—v. 171, p. 2040— jumuy, cu u.oyy0 interest man & were awarded to a syndicate com¬ Cutler, of Chicago. premium of $16. posed of the Bankers Trust Co., Marblehead, Mass. MARYLAND National City Bank, Smith, Barney N Bond Sale—The & Co., Blyth & Co., A. G. Becker $74,000 sewer Maryland (State of) bonds offered & Co., all of New York, Harris, May 23—v 171 X Certificate Offering—Hooper S. 2144—were awarded Hall & Co., First of - Michigan to the T)t Miles, State Treasurer, will. re¬ Corp., of New York, The Illinois Trust Co., of Boston, as Iowa —v. as . City, (J-D) payable at the office of the School Board Treas¬ Monday, May 23,1959 . urer. Bond Sale —The $120,000 flood protection bonds offered May 24 Chicago, - and interest a price of 101.03. 1953 interest (J-D) payable at the First National Bank, of Chicago. Le¬ gality 2V4S, at as price of 101.04, a basis of about 2.13%. The second highest bidder was Central Re¬ public Co., Chicago, for 2y4S, at a bonds. Dated June 1, 1950. Denomination $1,000. Due cago, Resi¬ 1950 revenue 171, p. 2040—were awarded to McMaster, Hutchinson & Co., of Chi¬ on . . 100,000 Group 2 bonds. Feb. 1, Due on Due on 1951. 9,257,000 Group 3 bonds. Due on Feb. 1 from 1952 to I960 in¬ clusive. 6,166,000 Group 4 bonds. Due on - 1950 and . . . The Commercial and Financial Chronicle from 1952 to 1960 in* Feb. 1 oston, Number 4911 171 Volume St. Clair Twp. (P. O.R.F.D. No. J, St. elusive. *lus Feb. 1, 1950. Denomina¬ tion $1,000. Principal and interest /V A) payable at the current offi¬ cial bank of the City of Detroit, rhicago, or New York City. Legal\iv approved by Miller, Canfield, Paddock & Stone, of Detroit. Grand Rapids, Mich. Offering—R. S. Kilpatrick, Bond )ri*y, No. Sold—The Water Dist. No. 1, special Schoolcraft Community Sch. Dist., Michigan Bond Sale—The $160,000 build¬ ing bonds offered May 24—v. 171, p. 2144—were awarded to Watling, Clerk, will receive sealed Lerchen & Co., of Detroit, at a until June 12 for the purchase price of 100.04, a basis of about $280,222 sewer and street im¬ 1.66%, as follows: City of $60,000 Ray Township Unit Sch. Dist. (P. O. Winegars), Mich. Bond Offering — Boyd Oard, District Secretary, will receive sealed bids until 8 p.m. (EST) on June 2 for the purchase of $75,000 building coupon bonds. Dated June 1, 1950. Denomination $1,000. Due on Dec. 1 from 1951 to 1966 70,000 Henrietta# April 1 from on 1956 inclusive. l8/4s. as Due 15,000. . iy2s. as Due on April 1, 1964. 15,000 1V4S. Due as on April 1, 1965. Southfield Twp. (P. O. Route 3, Birmingham)p Mich. , Sale—The $47*000 water supply system revenue, series B bonds offered May 23—v. 171, p. 2145—were awarded to H. V. Sat- purchaser. Rives andI Blackman > fley & Co., of Detroit. Sch. Disti^No. -14 i (P. O. JR. Ft D. No. 1, I Munith),'Michi " ] Twps. Frac. May 22—v. 171, . '' ' Austin), Michigan Dist. 26,000 Minn. No. District on, Clerk, will receive sealed bids until 7:30 p.m. (CST) on June 15 for the purchase of Lake, Minn. r Sale—The $12,000 water works bonds offered May 22—v. 171* p. >2041—Were awarded I to Xalman & ^ Due June on 1 Dated June 1, 1950. Denomina¬ receive sealed bids until 7:30 pjn- (DST) on June 7 for the purchase $350,000 sewer coupon or regis¬ of tion $1,000. Principal and interest tered bonds. Dated June (J-D) Denomination $1,000. Due on June 15 from 1951 to 1975 inclusive. payable Planters the at National Bank Union & Trust 15, 195(L Co., Memphis. Legality approved Principal and interest (J-D) pay¬ $47,000 building and improvement by Charles & Trauernicht, of St.; able at the First National Bank of bonds. Dated Aug. 1, 1950. De¬ Louis. Sayreville. Legality approved by nomination $1,000. Due on Aug. 1 Caldwell, Marshall, Trimble & from 1952 to 1975 inclusive. Prentiss County (P. O. Bonneville), Mitchell, of New York City. Miss. Otter Tail County Indep. Sch. Dist. Bond Sale Details—The $40,000 Wood-Lynne, N. J. No. 23 (P. O. Battle Lake), Bond Sale — The $13,000 fire road and bridge refunding bonds Minnesota purchased by M. A. Saunders & engine bonds offered May 24—v. Bond Sale—The $80,000 build¬ Co., of Memphis, as 3^s, as pre¬ 171, p. 2041—were awarded to the ing bonds offered May 18—v. 171, viously noted in v. 171, p. 2145, Camden Trust Co., of Camden. p. 2041 — were awarded to the were sold at a price of par, Allison-Williams Co., of Minne¬ NEW YORK and mature on April 1 from 1951 apolis, at a pricfe of par, a basis to 1970 inclusive. Babylon (P. O. Babylon), N. Ym of about 2.34%, as follows: Bond Sale—The $64,000 street Tate County (P. O. $28,000 as 2.10s. Due on June 1 improvement 1950 bonds offered Senatobia), Miss. from 1952 to 1960 inclusive. Bonds Sold—An issue of $50,- May 25—v. 171, p. 2146—were 52,000 as 2.40s. Due on June 1 000 road and bridge bonds has been awarded to C. J. Devine & from 1961 to 1971 inclusive. sold to M. A. Saunders & Co., of of New York, as L30s, at a price The second highest bidder was Memphis, as 3s. Dated .April 15, of 100.08, a basis of about 1.27%. Piper, Jaffray & Hopwood, for 1950. Lega 1 ity approved by The second highest bidder was 2.40s, at a price of 100.35, a basis Charles & Trauernicht, of St. Hall & Co., for 1.30s, at a price of about 2.36%. : . <: of 100.03. Louis. '■ X : Bond Offering-^Fred J. Meyer, Co., of St. Paul. St. Paul, Minn. : ; .:• <•] Bond Sale—The $165,000 public 2041—Were awarded to Joiies Secretary of the Board of Edu¬ B. Shannon & Co., of Detroit, on Welfare bonds offered May 24 cation, will receive sealed bids were awarded to the First Na¬ a bid reflecting a net interest cost until 7 p.m. (EST) on May 29 for tional Bank, of St. Paul, and the of about 2.59%. The second high¬ the purchase of $160,000 school -First National Bank, of Minne¬ est bidder was McDonald-Moore coupon bonds. Dated June 1, 1950. & Co., on a basis of about 2.69%. apolis, jointly, as 1.10s, at a price Denomination $1,000. Due on of 100.01, a basis of about 1.09%. Jackson Union Sch, Dist Mich. June 1 from 1951 to 1960 inclu¬ p. 2Y2S. as from 1964 to 1970 inclusive. J, Bond (P, O.R. F.D:Nol 3Worth*: River Road, Freeland), ; Route Prior ; ^ Tittaha wassee Twp. Unit Sch.Dist. build¬ Bond Sale—The $135,000 ing bonds offered April 1 on from 1957 to 1963 inclusive. Bond company nated by the 2s. Due as 1951 to (P. O. Bond Offering—Melvin T. Alex- assess¬ not sold as no bids were received. bids provement bonds. County Com. Sch. 44 $35,000 bonds offered May 22 were ment Mower Clair), Mich. Not Bonds Dated 53 (2245) Bond Sale—The $71,000 public improvement 1950 bonds ^offered May 23—v. 171, p. 2146—Were Poison, Mont. Bond ; Offering—Harding Han¬ •awarded to Hall & Co.,< and Roose¬ son, City /Clerk, will receive velt & Cross, both of New York; sealed bids until; 8 p.m.r (MST) jointly, as 2s, at a price of lOdliC MONTANA . on* . , ' June 9 for the purchase of $50,- 000 a basis of about 1.98%. bonds. Dated July i, Amortization bonds will be 1 - water 1950. Clinton County (P. O. Plattsburgh), N. Y. the Jirst choice and serial, bonds choice of the City Legality approved by Burchan & Blair, of Spokane. Bond Sale—The second the Council. $312,000 blilge bonds offered May 25—v. 171, p. 2146 were — awarded to Geo. B. t Gibbons & Co., Inc., and Chas E. ■Weigold & Co., both of New York; Virginia, Minn, Bond Sale—The $100,000 water, jointly, as 1.70s, at a price of Secretary of the Board of Edu¬ payable at the District Treasurer's Concord, N. H, 100.38, a basis of about 1.65%. cation, will receive sealed bids office or at the option of the light, heat and gas plant bonds of¬ Note Sale—The $400,000 notes fered May 23—v. 171, p. 2041— until 8 p.m. (EST) on June 12 for holder at the Freeland State Eastchester (P. O. Tuckahoe), offered May 22 were awarded to Bank, were awarded to the First and the purchase cf $1,000,000 general Freeland. the National Shawmut Bank, of New York Legality approved by American National Bank, of Dubuilding and site, Series 2 coupon Miller, Bond Offering — William F. Canfield, Paddock & Boston, at 0.83% discount. bonds. Dated July 1, 1950. luth, as 1 Mss, at a price of 100.48, De¬ Stone, of Detroit. Horan, Town Supervisor, will re¬ a basis of about 1.42%. The second nomination $1,000. Nashua, N. H. Due on April ceive sealed bids until 11 sua*. Note Sale—The $200,000 notes 1 from 1952 to 1966 inclusive. Wyoming Twp. Graded Sch. Dist. highest bidder was J. M. Dain & (DST) on June 1 for the purchase No. 7 (P. O. Grand Rapids), Mich. Co., for I Vfes, at a price of 100.43. offered May 25 were awarded to Principal arid interest (A-O) pay¬ of $186,500 public improvement able at the National Bank of Bond Bond Sale—The $490,000 build¬ Offering—J. G. Milroy, the Nashua Trust Co., at 0.83% 1950 coupon or registered bonds. .• Jackson, Jackson. Legality ap¬ ing bonds offered May 23—v. 171, Jr., City Clerk, will receive discount. Dated June 1, 1950. Denomination Notes are dated May 25, 1950. proved by Claude H. Stevens, of p. 2145—were awarded to Harri- sealed bids until 7:30 p.m. (CST) $1,000, except one for $500. Due Denominations $50,000 and $25,Berry, Stevens, Barbier & Evely, man Ripley & Co., Inc., First of on June 13 for the purchase of M. Firth, Bond Offering—Amy of Detroit. ; sive. Principal and interest (J-D) Michigan Corp., and Kenower, $75,000 sanitary sewer coupon MacArthur & Co., both Of Detroit, bonds. Dated June 1, 1950. De¬ Midland, Mich. nomination $1,000. Due on Dec. 1 Bond Sale—The $180,000 special jointly, at a price of par, a basis Of about 1.80%; as follows: from 1951 to 1965 inclusive. Prin¬ assessment bonds offered May 24 —v. 171, p. 2145—were awarded $90,000 as 3s. Due on June 1 from cipal and interest (J-D) payable at the City Treasurer's office. Le¬ 1951 to 1954 inclusive. to the First of Michigan Corpora¬ tion, of Detroit, at aV price of 290,000 as 2s. Due on June 1 from gality approved by Dorsey, Col1955 to 1963 inclusive. man, Barker, Scott & Barber, of 100.13, a basis of about 1,34%, ;as follows: 35,000 as l^s. Due on June 1, Minneapolis. - $158,000 street improvement 1950 bonds: $94,000 as 1 *As, due on Oct. 1 from 1951 to clusive, and *$64,000 due on 1953 in¬ l^s, as Oct. 1 in 1954 and 1955. 22,000 Concord Street 1950 bonds: $12,000 as l*4s, due on Oct, 1 from and 1951 to $10,000 1953 as inclusive, lVfes, due on Oct. 1 in 1954 and 1955. iy>s, at a price of 100.05, a basis of about 1.87%. (P. O. Muskegon), Mich, Bond Offering— Sidney Sixma, (CST) on June 5 for the purchase of $42,000 warrants, divided as fol¬ Bank, Lumberman's Muskegon. Legality^ ap¬ Miller, Canfield, Pad¬ Stone; of Detroit. proved by dock & ing bonds offered May 18 were awarded to Stranahan, Harris & °f Toledo, at a price of juu.05, a basis of about 1.73%, as. TAn'f\ ' lollows: $20,000 on m 70,000 oa . as as - 3s. Due on 2s. April 1 from Due as 13,4s. /rom 1957 to in on April as l%s. Due lows: 4,000 sewer bonds. Due on Jan. 1 1952 to 1961 inclusive. from April 1 ; : . highest bidder was olr? ^ Michigan" Corporation, as f'2ns:' of] s, "and 1V2 s,at a price a basis of about 1.75%. highest Offering 1, 1950. Denomina¬ Clerk, Certificate Sale paving — improvement MISSISSIPPI The $50,000 certificates 1933— awarded to the Allison-Wil¬ Marshall were liams Co., of Minneapolis, as l%s, at a price of 100.35, a basis of about 1.71%. County, Byhalia Con. bonds has been Bensdorf & Co., Union Planters National Trust Co., Gonvick, Minn. Sale—The $40,000 water ly, on terest cost 15,000 highest bidder was Allison-Wil¬ Co., for 2%s, at a price hi 9,000 liams 100.10. as from Gonvick, as 2s, at a price of 100.12, a basis of about 1.98,% . The second as sold < to and the Bank & both of Memphis, joint¬ bid reflecting a improvement bonds offered May follows: 22—v. 171, p. 2041—were awarded to the Northern State Bank, of $15,000 of about 2%s. Due J. Donald De Bruin, Acting Borough Clerk, will receive sealed bids until 8 p.m. (DST) on chase of June 13 for the pur¬ $145,000 sewer coupon or registered bonds, divided as fol¬ lows: ; $60,000 1948 Series bonds, 85,000 1950 Series bonds. tion Denomina¬ $1,000. The bonds stated in combination will mature June from 1951 to 1973 1 inclusive. Prin¬ 1 from 1951 to 1968 in¬ Principal and interest (J-D) payable at the First Na¬ tional Bank & Trust Co., Tuckahoe. Legality approved by Vandewater, Syl^es, Heckler & Galloway,- of New York City.; Geddes Com. Sch. DistiNo. , 1 (P, O. Syracuse), N. Y» Offering — Kenneth F Bond Barton, District Clerk, will re¬ ceive sealed bids at the Merchantsr National Bank Trust & Co., 214? Syracuse, u until 3 p.m. (DST) on June 1 for the purchase of $150,000 school 1950 coupon or registered bonds^ Dated June 1, 1950. Denominatioa $1,000. Due on Dec. 1 from 1958 to 1969 inclusive. Principal and interest (J-D) payable at the Solvay Bank, Solvay. Legality ap¬ proved by Hawkins, Delafield AGWood, of New York City. South Warren Street, , Hempstead (Pi O. Hempstead), N. Y. Bond Sale—The $570,000 town, hall 1950 bonds offered May 23— v. 171, p. 2146—were awarded tor the Chase National Bank, of NewYork, as IV2S, at a price of 100.07, basis of about 1.49%. a Dated June 1, 1950. Hempstead Union Free Sch. Distm No. 3 (P. O. Mineola), N. Y. Bond Offering — Alastair MacDonald, District Clerk, will re¬ cipal and interest (J-D) payable ceive sealed bids until 2 p.m the Fair Lawn-Radburn Trust (DST) on June I for the purchase Co., Fair Lawn, or at the option of $650,000 building 1950 coupon holder the of Bonds Sold—An issue of $65,000 school — at the Chase Na¬ tional Bank, New York Byhalia), Miss. Herman Fair Lawn, N. Offering Jurie at School District (P. O. offered May 18—v. 171, p. " - Bond Langley, will on clusive. Edwards, City Clerk, will receive bidder receive sealed bids Until 2 p.m. (CST) on June 6 for the purchase of $300,000 public utility revenue bonds. Dated June 1,1950. Denomination $1,000. Due on July 1 from 1951 to 1965 inclusive. Principal and interest (J-J) payable at any suitable banking institution desig¬ nated by the purchaser. Legality approved by Dorsey, Colman, Barker, Scott & Barber, of Min¬ neapolis. City Fairmont, 'Minn. Bond on 1963 inclusive. Due on April 1 1964 and 1965. ; second iUU.05, ring—L. E. $38,000 sewer bonds. Due on Jan. 1 from 1952 to 1961 inclusive. 1 1955 and 1956. <10,000 e sealed bids until 7:30 p.m. }*954 inclusive. «0,000 Off Twp. Rural Agricultural tions $500 and $400. School District No. 1 (P. O. Battle Creek), Mich, Bond Sale—The $140,000 build¬ . Warrant Dated July Fenn field Bridgton, N. J, 1 — Frederick B. -Bond was troller's office. Legality apn Paul, for proved by Hawkins, Delafield & price of 10024. r Wood, of New York City. second Bond Of fer ing—M. C. Learned, City Clerk, will receive National NEW JERSEY Windom; Minn. Detroit Lakes, Minn. purchase of $100,000 school cou¬ pon bonds; Dated May 1, 1950. De¬ nomination $1,000. Due on Nov, 1 the The 1.70s, at a tion, will receive sealed bids Until 8 p.m; (EST) on June 1 for the at 15, 1950. Le¬ gality approved by Storey, Thorndike, Palmer & Dodge, of Boston. First National Bank, St. MINNESOTA of Educa¬ from 1951 to 1962 inclusive. Prin¬ cipal and interest (M-N) payable Dec. on West St. Muskegon Twp. Sch. Dist. No. 2 Secretary of the Board Due 000. sealed bids until 8:30 p.m, (DST) on June 6 for the purchase of Paul, Minn. $101,000 coupon bonds, divided as 75,000 as 1Y4S. Due on June 1 in Bond Sale—The $80,000 perma¬ follows: 1965 and 1966. nent improvement revolving fund Legality approved by Miller, bonds offered May 24—v. 171, p. $40,000 water of 1949 bonds. Canfield, Paddock & Stone, of De¬ 2041—were awarded to the Cald¬ 53,000 sewer improvement bonds. troit. The second highest bidder 8,000 equipment bonds. well, Phillips Co., of St. Paul, and was Stranahan, Harris & Co., Inc., Dated June 1, 1950. Denomina¬ the Allison-Williams Co., of Min¬ John Nuveen & Co., and Walter neapolis, jointly, as l%s, at a price tion $1,000. Principal and interest Wade, Inc., jointly, for 3s, 2s, l%s of 100.15, a basis of about 1.47%. (J-D) payable at the City Comp¬ 1964. and ; NEW HAMPSHIRE a net in¬ 2.37%, as on June 1 City. Le¬ or registered bonds. Dated May 1, $1,000. Due on 1950. Denomination by Hawkins, Nov. 1 from 1951 to 1969 inclusive. Delafield & Wood, of New York Principal and interest (M-N) pay¬ City. able at the National City Bank, New York Matawan Township (P. O. City. Legality ap¬ proved by Vandewater, Sykes, Matawan),N. J. Bond Sale—The $41,500 water Hecklerv& Galloway, of New York bonds offered May 19—v. 171, p. City. 20,41—were awarded to the Farm¬ Hempstead Union Free Sch. Diet* approved gality * ers & Merchants National Bank, No. 27 (P. O. Hempstead), N. Y. Bond Offering —Geo. A. Pink, Matawan, as 2.10s, at a price basis of about 2,09%. District Clerk, will receive seaiei bids until 3:30 p.m. (DST/on Jui.r Sayreville, N. J. Bond Offering » Joseph, J. 15 for the purchase of $100, 1951 to 1955 inclusive. of 2s. Due on June 1 from Of 100.04, a 1956 to 1960 inclusive. as 2V4S. .Due on June 1 from 1961 to 1963 inclusive. Weber, Borough Treasurer, will school bonds. ^ _ 54 (2246) The Commercial and Financial Chronicle Homer, Cortlandville, Scott, Preble, Summerhill, Sempronius, Spaf- June ford •A and Sch. Diet. No. Central 1 J, 41 Bond school ■!> <fh Sale bonds Hutzler, 'H offered both * of 4 HI of New 4 a sealed (ft 'fa ■> 2.20s, at basis of about $58,310,000 housing bonds. Due June the of Buffalo, as 2s, at a price of 100.66, a basis of about 1.94%. ;;; Bond 'it den, ceive f":1 sealed (DST) far |;:fa 1 p.m. sive. awarded registered bonds. Dated at the Sullivan District No. 1 County Gardens hart, Sewer (P. O. Ruhlman as bids will until 2 March 1 from 1951 ;to clusive. Principal and on >..4 r :N. tr L ■' 6 Mfa for vided I fa 1 •14 1951 faft (J-J) fl/r !- 4 4 $ fa h ■ at York City. New York City Housing , V,fa 171, hr" f payable p. 2147—were awarded purchased Chemical Bank & New York, and •: as fol¬ by the Trust Co., purchased & by 3,000,000 f. 171, Trust New Co., Arcadia Central Sch. Dist. No. 2 (P. O. Clifton Springs), N. Y. Bond Sale—The ing and equipment bonds offered May 25 — v. 171, p. 2146 — were awarded R. tral Bank & by the Trust Hanover Bank & York, and Erickson Perkins & Co., of Rochester, jointly, as 1.80s, at tral 100.18, 1.78%. The was second Freeman & Co., a basis of highest Marine Trust Co., Buf¬ falo, Wood, Struthers at a Co., and jointly, for 1.80s, price of 100.14. Queensbury Union No. 1 Bond lin, Free Sch. Dist. Dated City Hanover Bank & sealed bids until 3:30 p.m. (DST) June 8 for the purchase of 1950 coupon or bonds. Dated July Denomination $1,000. Due on 1, July 1 from 1951 to 1980 inclusive. Principal and interest (J-J) im¬ Bond 1 bonds. terest plus a premium of $50. Note (State Offering—Frank Comptroller, May $627,000 29 for the housing . of) C. will sealed bids until 11:30 a.m. sold at were a Sale—The $950,000 con¬ (P. O. Oswego, R. F. D. No. Moore, Bond receive of Dated 2), N. Y. Sale—The $21,000 water supply system bonds offered May 24—v. 171, p. 2146—were awarded (DST) purchase notes. bonds York, jointly, as 2s, at a price 100.13, a basis of about 1.96%. Scriba York Tillson), N. Y. Details—The $13,000 New of interest. New to ' Bond 1 fa. ment sealed bids until 2 Heckler New York 8 p.m. purchase on of bids Local South Ohio Valley bidder & 3s. as was Bank, The of the First National Central Square, Bank, of noon on 9 for purchase of $70,000 building bonds. Dated June 1, 1950. De¬ nomination $1,000. Due on Sept. 1 and March 1 from 1952 to Clerk, Grove, Ohio Sale—The $30,300 ' Bond bonds offered May 13—v. 171, p. 1831— were awarded to Doll & ment 12,300 bonds, sewer as 2%s. bonds, as Concord Local Sch. Dist. (P. O. Board of Wright, Education, will receive sealed bids until noon (EST) ion June 7 for the purchase of $250,000 building bonds. Dated June 1, 1950. Denominations and receive Education, sealed (EST) purchase ... bids until June on 7 for' of "■ *u :Ohio . Bond Offering—V.. G. Dudley, Clerk of the Board of Education, receive sealed bids until noon will 1 p.m. (EST) on June 30 for the purchase of $57,000 building cou¬ pon bonds. from Dated 1951 to July 1, on 1950. Oct. inclusive. 1969 Principal and interest (A-O) pay¬ able at the Citizens National Bank I v receive & Trust Co., Mansfield. sealed noon Mil ford Local Sch. Dist. (P. O. Collinsville), Ohio .Bond Offering—B. M. Wyckoff, Clerk of the Board of Education, will receive sealed bids until noon (EST) of Local June 8 for the purchase on $45,000 building bonds. Dated June 1, 1950. Denomination $1,000. Due on Dec. 1 from 1951 to 1970 North Bond pay¬ bonds, divided $22,500 bus Jackson, one Ohio Sale—The $75,000 garage addition mortgage electric system revenue bonds offered May 18—v. 171, p. 2042—were awarded to Clerk of the Board of receive (DST) of sealed on 12 $350,000 until for the building bonds. Dated June 1, 1950. De¬ nomination $1,000. Due on June 1 and Dec. 1 from 1951 to 1970 in¬ clusive. Principal and interest (J-D) payable at the Jefferson Banking Co., Jefferson. Liberty Union Sch. Lancaster), 1951 Dated to (P. O. Ohio Bond Offering Charmalne Fritz, Clerk of the Board of Edu¬ . — Due on Oct. 1 1961 Inclusive. to 1958 inclusive. June 1, Interest 1950. A-O. Norwood, Ohio Bond Offering—G. E. Lyle, City Auditor, will receive sealed bids noon (EST) on June 6 for the purchase of $100,000 street until construction, resurfacing a nfl grading bonds. Dated May 1, 195°Denomination $1,000. Due on Nov. 1 from 1951 Principal Dist. $500. 1951 bonds. except recreational land bonds. Denomination $500, except one for $100. Due on Oct. 1 from Education, bids June $1,000, 4,100 * Sweney Cartwright & Co., of Columbus. Jefferson Local Sch. Dist., Ohio Bond Offering—George H. King, for from first $26,600 follows: as Denomination Bond Christ- M. June 6 for the purchase of Bank, cinnati. will Olmsted, Ohio Offering—E. man, Village Clerk, will receive sealed bids until noon (EST) on Huntsville. Legality approved by Peck, Shaffer & Williams, of Cin¬ $5,000, $6,000 $7,000. Due on April 1 and Oct. 1 from 1951 to 1970 inclusive. will ■- Principal and interest (J-D) purchase Route No. 1, Troy), Ohio Bond Offering—Geo. S. Offering—Paul S. Smart, , . Ludwick, Vil¬ able at the Huntsville State 8 p.m. 3s. School District, Ohio of Isphord- ing, Inc., of Cincinnati, as follows: $18,000 sidewalk, Special Assess¬ / Mifflin Local.School District (P. 0. R. F. D. No. 2, Mansfield), $19,500 building bonds. Dated June 1, 1950. Denomination $1,000, except one for $500. Due on Dec. 1 from 1951 to 1965 inclusive. 1971 Coal Dec. 1 inclusive. Nov. 1 from 1951 to 1970 inclusive. 1X/2S, at as Sch. Dist., Ohio Bond Offering—J. H. T. Gordon, inclusive. Legality approved by Carpenter & Carpenter, of Tiffin. 1950. De¬ on Clerk of the Board of Education,* inclusive. Legality approved by will receive sealed bids until noon Peck, Shaffer & Williams, of Cin¬ (EST) on June 1 for the purchase cinnati. highest June construction Interest M-N. Bond Sale—W. J. Huntsville Raffensperger, Hughes (EST) (EST) $60,000 buildmg bonds. Dated July 1, 1950. Denom¬ ination $1,000. Due on May 1 and Legality approved by Peck, Shaf¬ Williams, of Cincinnati. Salt the 1959 re¬ purchase of 1 Laurel- second the sewer April lf $500. Due to p.m. the fer & Co., for 4%s. until 7:30 bonds. Dated June 1, 1950. Due on Dec. 1 from 1951 to 1960 inclusive. Sale—The $2,000 furnace bonds offered May 10—v. 171, p. 1930—were awarded to Creek will Stuart (EST) on June 7 for the purchase of $8,961.23 Sani¬ tary Sewer Special Assessment Bond ville, for M.l will noon Clerk of the Board of a Hillsboro, Ohio Dist. the 3 1951 , Offering—Hugh J. Hoover, of the Board of Education, building Sch. from , Bloomingville), in¬ Carl — j-d. 1951 to 1973 in¬ and Denomination $1,000. Due - tol 1951 Principal Dated Bond Interest clusive. Interest J-D. Scenic from Offering Clerk, nomination 1934— Halsey, Corp., Cleveland, lage O. to l%s, at as bids until (P. 1 June 1, 1950. Denomination $1,000. Due on June 1 and Dec. 1 from 1951 to 1968 inclusive. until building Middleport Exempted Village bonds. Dated July 1, 1950. Denom¬ ination $1,000. Due on June 30 Benton bids June 30 for on Village June on bonds. June 14 for the $205,000 Edu¬ $340,000 Oct. $4,500 sanitary fa; (EST) on June 2 for the purchase of $86,000 building bonds. Dated Education, sealed (EST) 2s. will receive sealed bids until Clerk of the Board of Raid of sealed ceive sealed bids until - Local Sch. Dist., Ohio Offering—Wm. E. Bowers, receive as Bond City. and Deiwert, : price of 100.31.,. Clerk Board (EST) inclusive. Bond as Township Local Sch. Dist. (P. O. Wheelersburg), Ohio Amanda will building, j -fa' "! Green OHIO Bond bonds, awarded land Vandewater, Galloway, of & station second Co., a the (A-O) payable at the Rich¬ land Trust Co., Mansfield. H price of 100.36, basis of about 1.43%. The second highest bidder was First Cleve¬ inclusive., Principal and interest (J-D) payable at the Tupper Lake 1 a terest a coupon or registered bonds. Dated Sykes, 1 1970 price | of 1.68%,j as offered May 19—v. 171, p. & ' at on April Columbus), Ohio Bond Sale—The $229,800 bonds were 13/4St ' coupon bonds. Dated July 1, 1950 Denomination $1,000. Due Franklin County (P. O. p.m. for receive the purchase of 100.84. (DST) on June 7 for the purchase of $17,000 park improvement 1950 of will until 1 p.m. highest bidder was Otis & Co., for l%s, at a price of Legality Tupper Lake, N. Y. Offering—Grace P. Jes¬ Village Treasurer, will, re¬ sie, fire 1%S* The Field Co., Offering—Chester cation, 45,000 incinerator plant construc¬ tion bonds, as l%s. 5,000 incinerator plant improve¬ 1, 1950. Principal (M-S) payable at the 0f McDonald, Ohio $52,000 . & Clerk sey, 1924— McDonald & follows: May office. Bond Dec. Sale—The $102,000 bonds to Corp^ Madison Local Sch. Dist. (P. Q Mansfield), Ohio inclusive. Co., of Cleveland, at a 101.10, a basis of about for from 1970 inclusive. Treasurer's 1973 Cleveland on Liverpool, Ohio awarded were one March Richards 1950. on mJ a price of 100.53. $597,regis¬ 1, m*. Wee as 13/4s, at a price 0 basis of about 1.65% The second- highest bidder was offered May 22—v. 171, p. Denomina¬ except on to June ln \ awarded First 100.56, the (EST) coupon or Dated 1951 East from the struction bonds offered May 24— v. 171, p. 2146—were awarded to Roosevelt & Cross, of New York, Manufacturers and Traders Trust Co., of Buffalo, and Hall & Co., of in¬ from for Bond pay¬ at noon Sent inclusive „■<: Cleveland, Legality approved by Peck, Shaf¬ fer & Williams, of Cincinnati. by Hawkins, Delafield & Wood, of New York City. 1 Offering—Frank A. ConDistrict Clerk, will receive Deposit), N. Y. Trust 1 approved (P. O. Glens Falls), N. Y. on until bonds. and Dec. 31 from & Cent. Sch. Dist. No. 1 (P. O. 2,000,000 purchased by Lehman Brothers, New York, at 0.87% on of bidder Trust Co., New York, at 0.91% State price a Sanford, Tompkins and Masonville premium of $50. a tered inclusive. $1,000, and interest & Cross, Co., both of New & in v. 171, p. 1934, price of par. Co., York, and Associates, at terest, plus '-rk"< water Roosevelt White construction 2,500,000 purchased by the Cen¬ ■' D. to of the n S on $131,000 Education, will receive June 2 for the purchase of National Bank, Tupper Lake. Le¬ gality approved by $500,000 build¬ Co., New York, at 0.90% in¬ fa fa W J bids June 1, 1950. Denomination $1,000. Due on Dec. 1 from'1651 to 1957 Phelps, Manchester, Hopewell and purchased by Huguenot National Bank, of New Paltz, as 1.60s, as previously noted 2,500,000 purchased by the Cen¬ |v fafafa; 17—v. 1.40s. as Bond Sale 0.91% interest. if-' May Island (P. O. Associates, at purchased Chemical >' .fa' offered 2042—were awarded to the National Bank, of p. Hicksville, the 0.90% interest. '»* March on 1970 1952 to ceive $40,000 school Clerk-Treasurer sealed First National Bank, Bettsville Local Sch. Dist. (P. O. Legality approved by Route 3, Tiffin), Ohio Hawkins, Delafield & Wood, of Bond Offering—G. Orton OmNew York City. wake, Clerk of the Board of Edu¬ cation, will receive sealed bids Rosendale, Tillson Fire District Associates, at Chemical Bank New York, and \] Hicksville), Sale—The bonds Long able 0.89% interest. 10,000,000 t" O. » of Glens Falls. $14,300,000 t *" \ 1950 1950. ri )■>> (P. registered Authority, Y. Bond Board one 1961 • Exempted > Village Ohio Offering — Albert {. L. re¬ 1951 to 1969 inclusive. fa 118,500 school bonds. Denomina¬ tion $1,000, except one for $500. Due on March 1 from 1.98%. $2,125,000 school lows: ; f l7,i J. inclusive. Note Sale—The $34,300,000 Issue XLVIII notes offered May 24—v. fa fa »♦. July improvement July 1 from on 1960 N. K'.n'i' •j Due on 1960 inclusive. general Hanrahan, of New 4 4 ,i ■; 1951 to to a about City Comptrol¬ ler's office. Legality approved by Sullivan, Donovan, Heenehan & tl > di¬ Dated July 1, 1950. Denomina¬ tion $1,000. Principal and interest f:<l I? from bonds. U( u bonds, follows: 402,000 ,Vfa ; registered or $800,000 school bonds. Due fa i as p.m. B. New York interest (DST) on June purchase of $1,202,000 the coupon I;:' 2 Hutzler, Co., and Ira Haupt New York, jointly, price of 100.32, a basis 17 Bond (M-S) payable at the Niagara County National Bank & Trust Co., Lockport. Legality approved by Vandewater, Sykes, Heckler & bids until - 1 No. 1978 in¬ Mount Vernon, N. Y. Bond Offering—John Lynn, City Comptroller, will receive sealed & Oyster Bay, Union Free Sch. Dist. re¬ Galloway, of New York City. fa- Bros p.m. $35,000 sewer 1950 coupon or registered bonds. Dated March 1, 1950. Denomination $1,000. Due ■ 34,500 Due to except to improvement bonds offered 22 v. 171, p. 1834—were a J hi June 10 Lockland (P. O. Cincinnati) Bond Sale—The Park Holmes, inclusive. street 1951 195 $40,000 buildi! July 1, 1950 Dated terest M-S. School: District, ( June 2 for the purchase on 2s, at of about of }'!» 4'111 Supervisor, sealed (DST) ifl 1951 Fargeville), N. Y. Van Ingen & & Co., all of Offering—Avery F. Rhine- Town ceive 1,1 $500. V National Bond Road, Lockport), N. Y. Bond ; $1,000 tion La Deer provement bonds. Denomina¬ were — and sewer tion Salomon ,, 165,000 1956 from to Denomination $1,000. Due Orleans, Clayton, Alexandria, Pamella and Leray, Central Sch. Dist. No. 1 (P. O. Bank, Liberty; Legality Lockport, Carlisle it Chase Co., and Associates, for l%s, at $35,000 fire house bonds. Denom¬ ination $1,000. Due on Nov. 1 to & 29 sealed on of bonds. Brownell 000 construction 1950 purchase nomination $1,000. Due Col¬ price of 100.66. p.m. 2 receive (EST) of Prescott, Hawley, Shepard & was June 1 for the purchase on $500.- Due City. ' fa 2042 p. the payable until will noon —were as lx/2s, at price of 100.26, a basis of about 1.42%. The second highest bidder $353,500 coupon or registered bonds, divided as follows: offered Sale—The $510,000 build¬ ing 1950 bonds offered May 25— v. 171, p. 2146—were awarded to <{ ill (DST) bids Grant and 2042 Ohio Co. Co., of Dayton, jointly, National sealed p. the Monday, May . a Troy, N. Y. Offering — Lawrence J. from York ,-fa' sm to (J-D) 171, the to of Y. bonds 1, Collins, City Comptroller, will ceive 1.19%. Principal and interest (J-D) National . 171, v. — June First Bond York approved by Vandewater, Sykes, Heckler & Galloway, of * New fa fa ' on Bank, of New York, as 1.20s, at a price of 100.009, a basis of about froyn 1951 to 1957 inclu¬ payable . until May 22 N. registered 1950. De¬ or Bank, of Sherrill. Legality approved by Vandewater, Sykes, Heckler, & Galloway, of New York City. $438,000 public improvement 1950 re¬ 1950. Denomination $1,000, except one for $500. Due on 15 Dated the 15, June t Bor¬ will on coupon or June 'I bids Falls, Bond Sale—The June 2 for the purchase ,$13,500 fire apparatus 1950 of ■ Treasurer, New coupon cipal and interest at 1952 to 2000. Co., —v. umbus, bonds. City. Niagara Offering—Chandler Village Manhattan May 25 on until anticipation notes offered awarded No. Liberty, N. Y. ■ 15 from (DST) cation, Note cial tax nomination $1,000. Due on June 1 from 1951 to 1958 inclusive. Prin¬ his as Co., i , sealed bids until 2 p.m. office, 270 Broadway, New York 7, New York, until 11:30 a.m. (DST) on June 6 for the purchase of $70,310,000 bonds, divided as follows: York, the Manufacturers & Traders Trust 1 ! f i> b at Dayton City Sch. Dist., Ohio Sale—The $1,000,000 spe¬ C. Qua, Finance, will receive of June 6 for the purchase of $23,000 Le wist on and Diet. ? Director paving 1950 12,000,000 grade crossing elim¬ Niagara Con. School ination bonds. Due on June 15 9 (P. O. R.F.D. from 1951 to 1970 inclusive. No. 2, Lewistoh), N. Y. Dated June 15, 1950. Denomina¬ Bond Sale—The $125,000 build¬ tions $1,000, $5,000, $10,000 and ing 1950 bonds offered May 24— $50,000. Principal and interest v. 171, p. 2146—were awarded to (J-D) payable at the Bank of fa 1 Comptroller's at the Bank of the Man¬ bids Sherrill, N. Y. Offering—Lefa Bond Bond Offering—Frank C. Moore, State Comptroller, will receive 23—v. New a 1, pay¬ Company, New York City. May York, jointly, price of 101.22, June on hattan $2,160,000 2.10%. !>V Due State Y. Schoellkopf, Hutton & Pomeroy, of Buffalo, and Ira Haupt & Co., >)i the or 171, p. 2146 — were awarded to Blyth & Co., Salomon Bros. & •ii at office; The — 1950. Principal and interest able (P. O. Homer), N. • 1 Groton 1, 1951. , . . payable Bank, to and at the 1960 inclusive- interest First (M-N) National Norwood. Legality ap~ by Peck, Shaffer & Wil¬ liams, of Cincinnati. proved l95fl|jvolume 171 Number 4911 * . sealed for 31 Rossford, Ohio Offering—Albert R. GolVillage Clerk, will receive bids until noon (EST) on Bond uinec the purchase of $5,800 village bonds. Dated June 1, 1950. Denomination $1,000, except one for $800 Due on Sept. 1 from 1951 inclusive. Principal and (M-S) payable at the Rossford Savings Bank, Rossford. to' 1955 interest tension bonds. Sale—The $100,000 munic¬ building bonds offered April Bond City 171 p. 1399—were awarded to* Kreimer, & Co. of Cincinnati, as 2V4S, at a price of 101.65, a basis of about 2.09%. (P. O. Canton), Ohio Offering—Hilda Schrantz, of the Board of County Stark County Bond Clerk Commissioners, will receive sealed bids until 11 a.m. (DST) on June 5 for the purchase of $53,000 Broad Avenue Sewer District No. 12 bonds. Dated June 1, 1950. De¬ nomination $1,000. Due on Dec. 1 from 1951 to 1960 inclusive. Prin¬ of will Tulsa sealed of will Board 1950. Due offered May 22—V. -171,' p. 2042— awarded the to J. R. Ed¬ wards, Inc., of OklaftbrriaXity, on bid reflecting of about $127,000 Bond Dist., Clerk of the" Board of Education, sealed receive bids the at net interest cost a 2.73%, as sewerage second on from 1 elusive.; 1951 Legality Squire, 1975 approved & Sanders to in- by Dempsey of Cleveland. Sale—The Bond struction bonds $92,500 offered con¬ May 2— 171, p. 2147—were .awarded to the Small-Milburn Co., of Wichita, Canfield, of Oklahoma Calvert & City, and Associates, Clerk of the Board of Education, will receive sealed bids until 1:00 (EST) on June 26 for the purchase of $180,000 building coiipon bonds. Dated July 1, 1950. p.m. Denomination $1,000. Due on Oct. 1 from 1951 to 1970 inclusive. Principal and interest (A-O) pay¬ able at the Freeport State Bank, Freeport. Worthington Local Sch. Dist., Ohio $630,000 school bonds, orig¬ inally scheduled for June 17, has been changed to June 15. York Township Local Sch. Dist. (P.O. R. R. 4, Bellevue), Ohio Bond Offering—Lorena Aigler, Clerk-Treasurer of the Board of Education, will receive sealed bids until 8 p.m. (EST) the purchase of June 5 for on Benton County Con Sch. Dist. 38 (P. O. Route 3, Corvallis), Ore..--? No. Sale—The Bond bonds offered 2042—were Principal able at and interest the Bellevue. First ■ i ' Dated State • (J-D) • . ' OKLAHOMA Beaver pay¬ Bond Bank Offer i-n g of County Dependent (PDT) of Robert $65,000 bonds. re¬ June 5 f&Fthe purchase on system sewer Dated coupon from 1951 to 1970 interest^J*Jp^dyable and the at indusiveV" 'Prin¬ Treasurer's office. Legality approved it by * Winfree, McCulloch, Shuler*fi &^S#ytfe. Jof City Portland. J° c- Edgar Honnold, homa City, as 2y2s. Good well, Offering Okla¬ Dated April 15/ 1950. Bond of Okla. _ h. b. Hale, Douglas County Sch. Dist. No. 94' (P. O. Winchester), Ore Bond Offering — Regina Miller, District Clerk, will receive seajted bids until 8 p.m. (PST) on June 1 for the purchase of $30,000 build¬ .Clerk, will receive finnn0? 1966 inclusive. '.00 fire station and fire fightuig equipment bonds. Due from 1953 to 1964 inclusive. Douglas County, Winston Dillard Water Dist. (P. O'^iDtttard), Ore. Bond Offering ~*&C. C. Fosback, Secretary of the Board of Com¬ jpkieive' sealed will bids until 8 p.m. (PDT) on June 5 o£ $83,000 water bonds. Dated' July 1, 1950. Denomination $1,099*. Due on July Hardesty, Okla. 7:30 Loris Ricker, receive sealed on May Dated June Denomination from 1 $1,000. Due 1951 Legality 1976 to approved McCulloch, 1, 1950. July Winfree, Sayre of by Shuler on inclusive. & Series system, May awarded 1968 Grants Pas#; Ore. Bond Sale—The $100,000 refund¬ $20,000 214s. as Due on June 1 from 1951 to 1955 inclusive. 50,000 2s. as 1956 30,000 to as 1965 inclusive. 214s. Due June 171, 22—v. p. First the to of¬ 1925 bonds B of 99.60, Na¬ basis a The second 1.78%. William P. of highest was Son & Co., for l3As and 2s. Harper & highest bidder Institution District (P. O. Reading), Pa. im¬ $2,000,000 general obligation bonds offered May 24—v. 171, p 1935—were awarded to a syndi¬ cate composed of Harriman Ripley provement Inc., Kidder, Peabody & of New York, A. Webster Dougherty & Co., Schmidt, Poole Co., & Co., both of Philadelphia, at a price of 100.03, a basis of about 1.55%, as follows: $240,000 as 1951 to as 4s. Due 1953 on Dec. 1 from Schmidt, Poole & Co., jointly, for lYss, at a price of 100.13. Stockdale, Bond Due on Dec. 1 ceive sealed (DST) Twp. School Dist. Washington), Pa. (P. O. Sale —The Bond $80,000 school bonds offered May 22—v. 171, p 2147—were awarded to a syndi¬ & & at Co., and George G. Applegate Co., all of Pittsburgh, as 2%s, a price of 100.21. Eddystone, Pa. Offering — Walter Bond sealed until bids F. 8 p.m. (DST) on June 5 for the purchase of $55,000 refunding coupon bonds. Dated June 15, 1950. De¬ nomination $1,000. Due on June 15 from 1951 to man, District ceived sealed for the inclusive. 1965 coupon until June purchase of $30,000 school School Offering District, — Pa. Harold R. Kratz, Secretary of the Board of School Directors, * will until 7:30 p.m. improvement coupon Bond ceive Offering William — the for purchase 1950. 1953 until 2.25%. the S. RHODE Due July on issue new of $65,000,000 will be in addition to the in first series, sold were from 15 inclusive. 1977 to The Dated $30,000,bonds, serial July 14, 1949 on building program. General State Authority The created by law was sylvania with quire, equip to Greenwich Bond offered bonds May 24—v. 171, & Co., of Boston, as 214s, at a price of 100.07, a basis of about public buildings for the Commonwealth, of 2.24%. The second highest bidder G. H. Walker & was owned state on The law land SOUTH CAROLINA and Abbeville County (P. O. Abbeville), S. C. creating the Authority Bond Sold—An issue of authorized it to issue bonds up to road the the Interstate of amount and $175,000,000 provide that the bonds be amor¬ tized by rentals collected by the Authority from the Common¬ wealth completed projects on leases continuing to up a of $65,000,000 new the bonds, as this of expect to enter the allocated 140,000 $142,120,000 construction new needed improvements vania mental for The hospitals and edu¬ visions as will redemption same the first that the at the or con¬ series, serial bonds may be re¬ from time to time in part on any interest payment date, upon payment of the prin¬ cipal amount plus accrued interest and a premium of V4 of 1% of the principal amount for each or fraction from the date of redemption to the date of matu¬ rity, but not in excess of 3%. Drexel & Co.; Harriman Ripley & Co., Inc.; The First Boston Cor¬ poration, and Kidder, Peabody & Co. are the financial advisors to they were the second series the first series, on while the law firm of Reed, Smith, Shaw & McClay of been continued for the second (A-O) Laurens San No. bond Dickson $10,000 & Co. 4s. as 1951 50,000 of 2s. as 40,000 Due $100,000 Charlotte as to Due on May 1 from 1963 1964 from inclusive. 214s. as May 1 from on inclusive. 1953 to 1954 Due to on 1971 May 1 inclusive. Dated May 1, 1950. Denomina¬ $1,000. Principal and interest (M-N) payable at the Central tion Hanover Bank York & Trust Co., New Legality approved by Gibbs & Simons of City* Sinkler, Charleston. SOUTH DAKOTA Sisseton Bond Indep. Sch. Dist., S. Dak. Offering — Dagmar J. Satre, District Clerk, will receive sealed bids until 2 p.m. (CST) on June 2 for the purchase of $90,000 bonds. building on to Dated Denomination 1950. and Jan. July 1 1960 inclusive. July 1, $1,000. Due from 1951 1 Interest J-J. TENNESSEE Bedford County (P. O. RICO Shelbyville), Tenn. $135,000 hospi¬ tal bonds offered May 24—v. 171, Bond Sale—The Authority (P. O. p. 2043 214 s, at Munson, of Philadelphia. crop second — April 1 school bonds has been sold to R. S. counsel Juan), Puerto Rico Sale on County, Hunter Sch. Dist. (P. O. Laurens), S. C. 5 terest Bond Due Bond Sold—An issue of series, serial. Puerto Rico Land 15, l%s. as Pittsburgh has as PUERTO April 1 April 1, 1950. Denomina¬ Principal and interest payable at Sinkler, Gibbs year or the Authority on on & Simons of Charleston. 30 days prior notice option of the Authority on 1952, as a whole time, Due Dated pro¬ after July 15, at any 114s. tion $1,000. bonds of the Authority. This pro¬ vides April 1 from on inclusive. follows: issue bond new the fol¬ as from 1959 to 1962 inclusive. badly or in Pennsyl¬ cational institutions. tain 1954 as 100,000 projects, the majority of them for of 4s. Due as 1951 to it mar¬ again until mid-1951. had $60,000 said sale Up until April 30, the Authority 264 to Securities Corp. Charlotte, and associates, second Authority result a does not $300,000 been sold from 1955 to 1958 inclusive. announcing the proposed sale the series 1950 bonds has lows: un¬ maximum of 30 years. In Co*, for 2M»s. clearance, dams and basins, improvements to land grant col¬ leges. der p. improve and projects for state Land price of (P. O. R. F. D., Washington), R. I. Sale—The $80,000 school 2147—were awarded to Estabrook powers construct, use West p. ac¬ various institutions, the in Assembly broad $540,000 BayMay 24 2043—were awarded to Harriman Ripley & Co., Inc., Kid¬ der, Peabody & Co., and W. E. Hutton & Co., both of Boston, jointly, as 2.15s, at a price of 100.14, a basis of about 2.13%. 171, —v. by the Penn¬ General Sale—The Bond side School bonds offered in the world to solicit a ISLAND Warwick, R. I. 21 June $65,000,000 July of Series bonds. Second 15, bids sealed receive bonds. bids, reflecting the excellent standing of Puerto Rico, are substantially lower than received by the Land Authority four years ago, when an initial issue was pur¬ chased at 2.90%. Growing recog¬ nition of the Authority's sound fiscal position became evident last year when an issue was bid at approved by Townsend, Elliott & 19703$telusive. July offer of 2.09%. an All credit Livergood, Jr., Secretary, will re¬ June 9 for the purchase of $500,Dated Trust y Operating at a profit since 1946, Land Authority is a Puerto Government corporation The General State Authority of the Rican with a capital and surplus of Commonwealth of Pennsylvania $26,000,000. (P. O. Harrisburg), Pa. as bonds. Norristown Bond Secretary, will re¬ bids and on deemed upon Kowalski, Borough Secretary, will receive bids June 6 for the pur¬ chase of $5,000 borough bonds. ket from 1954 to 1975 inclusive. Canton Pa. Offering—Joseph W. Mc¬ Kay, Borough Secretary, will re¬ that inclusive. 1V2S. Stroud & Co., was and lakes PENNSYLVANIA & Bank mitted %s, stream County Sale—The Chemical The The second highe^F^pdder was State Bond Commission/fox 2s and from 1966 to Rico and the Chase National Bank sub¬ Co., & both of Pittsburgh, jointly, at a price of 100.73, a basis of about 1.81%. The second 1 as 1949 bidder 000 1 Puerto Co., the Banco Credito 1950. Denomina¬ tion. $1,000. Due on July 15 from 1952 to 1971 inclusive. Legality on of & Co., Stuart sealed bids until 8 p.m. (DST) on Dtf& dfPJune 1 from Bank National Bank of Boston. con¬ to launch the Findlay Township School District (P. O. Imperial), Pa. Bond Offering—Phyllis Traut- to velopment Arthurs, Halsey, sew¬ Bank, of Portland, as 13/4S, price a $150,000 Principal and interest payable at any bank in the County to - be designated by the purchaser. 1952 favorable Ahorro Ponceno, and the Banco de Ponce jointly offered 2.03% on the issue which Salem, Ore. Sale—The Bond Pa. $350,000 171, p. 1935—were awarded to v. 000 Portland. Legality approved by Townsend, Elliott & Munson, of Philadelphia. from < — p.m;.(CST) water bonds. inclusive. 1 . TrvJ!!1<1o?*ferinff bide ?,erk' until sealed bids until 5 p.m. (PDT) on June 5 for the purchase of $45,000 sealed sewer extension bonds. Due Tucker, received will ing bonds. Dated June 1, 1950. De¬ cate composed of Singer, Deane 81 nomination $1,000." Due on June 1 Scribner, Fauset, Steele & Co., from 1952 to 1966 inclusive. Prin¬ Arthurs, Lestrange & Co., A. K cipal and interest* payable at. the Cunningham & Co*, R. C. Schmertz ing water 1950 bonds offered May 22—v. 171, p. 2042—were awarded ?lds hntii 8 p.m. (CST) on May 29 to the First NatidSsTt Bank, of purcha$e of $13,000 bonds, Portland, at a price of 100.04, a divided as follows: basis of about 2.13%; as follows: $7,000 own Secretary, 1,760,000 coupon Bonds Sold—An issue of $4,999 school repair bonds has been sold Bond District Jan^*1950T T>e* Co., nomination $ 1,000, cipal Building, Portland), Ore. Offering—J. O. Bond — until 7:30 p.m. bids sealed for the purchase Beaver), Okla. County, Alto Park (P. O. 1110 Water District Cor¬ Schmaltz, City Recorder, will missioners, Sch. Dist. No. 103 (P. 0. City Condon, Ore. <,■„ Denomina¬ 1950. (J-J) payable at the Treasurer's office. Legality Berks > bonds. coupon the Ben¬ June National Bank, 1- 15, Sale—The interest about p. Martin, approved by Winfree, McCulloch, Shuler & Sayre of Portland. at County Treasurer's office, or at l,v the fiscal agency fiif the State," in 1950. Denomination $1,000. Due on New York City, at the option^ of Dec. 1 from 1951 to 1970 inclusive. the purchaser. 1 **• bonds-. July tional -$20.00(F school May *19—v£ 171, awarded. to County ceive inclusive. Ellen — treatment were $200,000 building addition Offering fered V OREGON Bond Sale Postponed—The sale of the and age ton 1 tion $1,000. Due on Jan. 15 from 1951 to 1960 inclusive. Principal l%s, and as most Lestrange & Co., and A. E. Masten May on 1971 to Bond struction bonds offered May 22— bids until 8 p.m. (PDT) on June 12 for the purchase of $200,000 2s. vallis. Washington Local Sch. Dist. (P. O. r Tippecanoe), Ohio 4 Bond Offering—C. L. Chandler, Bond was County Indep. Sch. Dist. (P. O. Cordell),~Qbla. No. 7 dent of Schools, in Coshocton, un¬ on" Nov. Due Equitable Woody & Heimerdinger, reflecting a net interest Washita til. 1:00 p.m. (EST) on June 1 for the purchase of $20,000 building bonds. Dated June 1, 1950. De¬ nominations $1,000 and $500. Due 1 City Recorder, will receive sealed extension bonds. of about 2.73%. cost 1969 Multnomah highest bidder the Dids in its history for a $7,000,000 bond issue. The Government De¬ 18—v. Aspinwall), May on Milwaukie, Ore. follows: bid a County Superinten¬ office of the from 158,000 water extension bonds. The 2V2S. as Dated $^8^,000 "bonds Sale—The Bond a 75,000 sewage lfi969. Oct. on Wagoner, Okla. - were Due from 1952 to 1968 inclusive. 10 (CST) on May' 31 for the purchase of $50,190.10 water im¬ provement bonds. Dated April 29, Sale—The $100,000 gen¬ obligation bonds offered May follows: as 214s. as o^Directors, bids until sealed receive Bond eral received 55 171, p. 2043-^-were awarded was fiscal agent in the transaction. Low to Fauset, Steele & Co. of Pitts¬ bidders, offering 1.87%, tional Bank, both of Portland, burgh, as 2s, at a price of 100.33. comprised the Banco Popular de Puerto Rico, the Guaranty Trust jointly, at a price of 100.07, a basis O'Hara Township Sch. Dist. (P. O. Co. of New York and the First of about Tulsa), Okla."** — J. R. Raney, the Versailles Twp. Sch. Dist. (P. O. East McKeesport), Pa. Point), Offering of 20 North Ore. Bond Sale—The $500,000 school bonds offered May 15—v. 171, p. 1934—were awarded to Blyth & Co., and the United States Na¬ Central 2,30%, a.m. v. Ohio Offering—Opal Laughlin, Local .Sch. Warsaw O. 7 Water Improvement District No. 18 (P. O. Clerk Ryan, Sutherland & Co., of Toledo, as 23/4s, as previously noted in v. 171, p. 1934, were sold, at a price 100.69, a basis of about 2.65%. (P. County Bond $30,000 bonds purchased by construction r H. Carson, receive Sale Details—The Bond t Okla. Offering—Joe Clerk, Walter, will to Jackson County Sch. Dist. No. 6 $425,000 cipal and interest (J-D) payable County Treasurer's office. Local School District (P. O. Radcliff), Ohio 1952 $60,000 hospital bonds. at the Vinton from bids until June 1 for the purchase Bond i9__v Due Stilwell, Ohio Silverton, ■ purchase, of $25,000 improvement and ex¬ inclusive. 1975 - ' ipal the water works 2 for Tune (2247) The Commercial and Financial Chronicle The Puerto Rico Authority, only organization agricultural loans on a bid basis, on May — were awarded to the Temple Securities Corp., of Nash¬ ville, on a cost bid reflecting a net in¬ of about 1.71%. The highest bidder was EQui- Number 4911 lume 171 , . . The Commercial arid Financial Chronicle 31 Rossford, Ohio Bond Offering—Albert R. Gol- for the water works purchase of $25,000 improvement and ex¬ Village Clerk, will receive tension bonds. Due from 1952 to aled bids until noon (EST) on 1975 inclusive. ne 2 for the purchase of $5,800 Stilwell, Okla. llage bonds. Dated June 1, 1950. Bond Offering—Joe H. Carson, nomination $1,000, except one City Clerk, will receive sealed r $800. Due on Sept. 1 from 1951 bids until June 1 for the purchase 1955 inclusive. Principal and of $60,000 hospital bonds. terest (M-S) payable at the Tulsa County Water Improvement ssford Savings Bank, Rossford. : District No. 18 (P. O. Silverton, Ohio Tulsa), Okla. Bond Sale—The $100,000 municBond (2247) Jackson (P. Bond nec, . Offering al ipuilding bonds offered April v. 171, p. 1399—were awarded Kreimer & Co. of Cincinnati, 2V4S, at price of 101.65, a a basis about 2.09%. O. Canton), Ohio Bond Offering—Hilda Schrantz, of the of Board for the (DST) a.m. purchase on June $53,000 of Avenue Sewer District No. road bonds. Dated June 1, 1950. De- omination $1,000. Due on Dec. 1 dm 1951 to 1960 inclusive. Prin- pal and interest (J-D) payable t the County Treasurer's office. inton Local School District (P. O. Radcliff), Ohio Bond Sale Details—The $30,000 nstruction bonds purchased by 1950. Sutherland & Co.* of Toledo, 2%s, as previously noted in v. 1, p. 1934, were sold at a price of .69, a basis of about 2.65%. Local Sch. Dist,, Ohio Bond Offering—Opal Laughlin, lerk of the Board of Education, ill sealed receive ffice bids at the Due Nov. 1 from lusive. 1951 to 1975 in- Legality approved by & Dempsey of quire, Sanders leveland. offered May 22—v. 471, awarded were the to 2042— p. J. R. Ed¬ wards, Inc., of Oklahoma City, on a bid reflecting a net interest cost of Board of the Education, ill receive sealed bids until 1:00 (EST) urchase of 26 June on $180,000 for the building bonds. Dated July 1, 1950. ^nomination $1,000. Due on Oct. from 1951 to 1970 inclusive, oupon incipal and interest (A-O) payBank, reeport. ble at the Freeport State inally scheduled for June 17, has been changed to June 15. of a price of 100.07, a 2.30%, as follows: about $425,000 1969 from bid reflecting a net interest cost of about 2.73%. a County Indep. Sch. Dist. (P. O. Cordell), Okla. No. 7 Sale—The Bond $92,500 con¬ struction bonds offered May 171, v. 2— 2147—were awarded to p. the Small-Milburn Co., of Wichita, Calvert & Canfield, of Oklahoma City, and Associates, as l%s, and for 38 and interest (J-J) payable at the City Treasurer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre of Portland. Multnomah County, Alto Park Water District (P. O. Route 3, ton Offering—J. Secretary, awarded State O. Tucker, will sealed bids until 5 p.m. received (PDT) June 5 for the purchase of of Dated June $45,000 1, 1950. Denomination $1,000. Due on 1 from 1951 Legality 1976 to approved McCulloch, by Shuler July inclusive. Sayre of $150,000 Series system, May awarded 22—v. to bonds B 171, the of¬ 1925— p. First Na¬ price a bidder was William P. Harper & Son & Co., for 13/4S and 2s. County Institution District 1935—were — Robert Dec. 1 from 1951 to 1970 inclusive. Bellevue. OKLAHOMA , Beaver County Dependent 103 (P. O. Sch. Dist. No. Beaver), Okla. Bonds Sold—An issue of $4,999 school repair bonds has been sold C. to homa 15, Honnold, Edgar City, as 21,£s. of Okla¬ Dated April 1950. Goodwell, Okla. Bond Town Offering Clerk, — will H. B. receive Hale, sealed bids until 8 p.m. for the divided $7,000 • (CST) on May 29 purchase of $13,000 bonds, as follows: sewer extension bonds. Due from 1953 to 1966 inclusive. 6,000 fire station and fire fighting equipment bonds. Due • • from 1953 to 1964 inclusive. price a 100.73, of Kay, Borough Secretary, will re¬ ceive bids sealed until 7:30 by* Winfree, Sayre of approved Shuler Portland. p.m. , ^ $240,000 as 1951 to 1,760,000 . Doujlai County Sch. Diet. No. 94 (P. O. Winchester), Ore. Bond Offering — Regina Miller, District Clerk, will All bids, credit as awarded a 4s. Due on Dec. 1 from 1953 \Vz$. Due on Dec. 1 1975 inclusive. School Dist. (P. O. Washington), Pa. Bond Sale The $80,000 school bonds offered May 22—v. 171, p. 2147—were awarded to a syndi¬ Twp. — fiscal position became evident last when year an issue bid was at 2.25%. Operating at a profit since 1946, Land Authority is a Puerto Government The General State Authority of the Rican corporation with a capital and surplus of Commonwealth of Pennsylvania $26,000,000. (P. O. Harrisburg), Pa. Bond Offering William — the S. RHODE Livergood, Jr., Secretary, will re¬ Series 1950. 1953 Dated July on 21 June $65,000,000 July of bonds. Due from 15 inclusive. 1977 to The until purchase Second 15, bids sealed the for issue new of $65,000,000 will be in addition to the in first $30,000,serial bonds, series, sold on July 14, 1949 building program. The General State Authority was created by law by the Penn¬ were ISLAND Warwick, R. I. Bond Sale—The $540,000 Bayside School bonds offered May 24 —v. 171, p. 2043—were awarded to Harriman Ripley & Co., Inc., Kid¬ der, Peabody & Co., and W. E. Hutton & Co., both of Boston, jointly, as 2.15s, at a price of 100.14, a basis of about 2.13%. West Greenwich in (P. O. R. F. D., Washington), R. I. Bond Sale—The $80,000 school bonds offered May 24—v. 171, p. ac¬ 2147—were awarded to Estabrook quire, construct, improve and equip various projects for state institutions, public buildings for the use of the Commonwealth, stream clearance, dams and basins, & Co., of Boston, as 2V4S, at a price of 100.07, a basis of about sylvania Assembly General with 1949 broad state on to powers owned land 2.24%. The second highest bidder was G. H. Walker & Co., for 2V2S. SOUTH CAROLINA and improvements to land grant col¬ leges. The law tized Authority from Common¬ the completed projects on leases der amor¬ by rentals collected by the wealth of continuing up to a announcing the proposed sale the result a this of does not expect to enter ket sale the it mar¬ again until mid-1951. Up until April 30, the Authority had allocated $142,120,000 for 264 $300,000 1950 bonds has been sold to the Interstate Securities Corp. of Charlotte, and associates, as fol¬ lows: $60,000 as 1951 140,000 4s. Due on April 1 from 1954 inclusive. to as iy2s. Due on April 1 from 1955 to 1958 inclusive. 100,000 as 13/4s. Due on April 1 from 1959 to 1962 inclusive. Dated April 1, 1950. Denomina¬ Principal and interest payable at Sinkler, Gibbs tion $1,000. (A-O) & Simons of Charleston. Laurens No. projects, the majority of them for (P. O. C. Bond Sold—An issue of road $65,000,000 second the Authority said new bonds, as Abbeville), 5. un¬ maximum of 30 years. In Abbeville County creating the Authority authorized it to issue bonds up to the amount of $175,000,000 and that inclusive. from 1954 to Canton to chased at 2.90%. Growing recog¬ nition of the Authority's sound on Legality 7:30 p.m. June 6 for the pur¬ chase of $5,000 borough bonds. (DST) series until a Stockdale, Pa. Offering—Joseph W. Mc¬ Bond provide that the bonds be bids 5 County, Hunter Sch. Dist. (P. O. Laurens), S. C. Bond Sold—An issue of construction $100,000 needed improvements or badly in Pennsyl¬ vania mental hospitals and edu¬ school bonds has been sold to R. S. cational institutions. follows: new Dickson & Co. of Charlotte as issue will con¬ $10,000 as 4s. Due on May 1 from 1951 to 1953 inclusive. redemption pro¬ visions as the first series, serial 50,000 as 2s. Due on May 1 from bonds of the Authority. This pro¬ 1954 to 1963 inclusive. vides that the bonds may be re¬ 40,000 as 2%s. Due- on May 1 the purchaser. deemed upon 30 days prior notice from 1964 to 1971 inclusive. Eddystone, Pa. Bond Offering — Walter F. at the option of the Authority on Dated May 1, 1950. Denomina¬ Douglas County,^Winston Dillard Kowalski, Borough Secretary, will or after July 15, 1952, as a whole tion $1,000. Principal and interest Water Dist. (P. Qi Dillard), Ore. at any time, or from time to time (M-N) payable at the Central Bond Offering ra-C. C. Fosback, receive sealed bids until 8 p.m. in part on any interest payment Hanover Bank & Trust Co., New Secretary of the Board of Com¬ (DST) on June 5 for the purchase of date, upon payment of the prin¬ York City. Legality approved by $55,000 refunding coupon missioners, will '^receive sealed bids until 8 p.m. (PDT) on June 5 bonds. Dated June 15, 1950. De¬ cipal amount plus accrued interest Sinkler, Gibbs & Simons of for the purchase of $83,000 water nomination $1,000. Due on June arid a premium of % of 1% of Charleston. 15 from 1951 to 1965 inclusive. the principal amount for each coupon bonds. Dat£d July 1, 1950. SOUTH DAKOTA Denomination $1,0£0. Due on July Legality approved by Townsend, year or fraction from the date of 1 from 1952 to 1968 inclusive. Elliott & Munson, of Philadelphia. redemption to the date of matu¬ Sisseton Indep. Sch. Dist., S. Dak. rity, but not in excess of 3%. Principal and interest payable at Bond Offering — Dagmar J. Findlay Township School District Drexel & Co.; Harriman Ripley any bank in the County to be Satre, District Clerk, will receive (P. O. Imperial)\ Pa. & Co., Inc.; The First Boston Cor¬ designated by the-purchaser. sealed bids until 2 p.m. (CST) on Bond Offering—Phyllis Trautporation, and Kidder, Peabody & June 2 for the purchase of $90,000 Grants Pose, Ore. man, District Secretary, will re¬ Co. are the financial advisors to building bonds. Dated July 1, Bond Sale—The $100,000 refund¬ ceived sealed bids until June 5 the Authority on the second series 1950. Denomination $1,000. Due ing water 1950 bonds offered May for the purchase of $30,000 school as they were on the first series, on July 1 and Jan. 1 from 1951 22—v. 171, p. 2042—were awarded coupon bonds. while the law firm of Reed, Smith, to 1960 inclusive. Interest J-J. to the First NatiMal Bank, of Norristown School District, Pa. Shaw & McClay of Pittsburgh has Portland, at a price of 100.04, a Bond Offering — Harold R. $20,000 2^4s. as Due on June 1 from 1951 to 1955 inclusive. 50,000 2s. as 1956 30,000 to as Daemon June 1 from 1965 2*4s. iiiSusive. Due on June The tain been basis of about 2.13%, as follows: Kratz, Secretary of the Board of School Directors, will receive sealed bids until 8 p.m. (DST) on new the bond same continued for the second bond as TENNESSEE counsel series, serial. PUERTO Bedford County RICO improvement Puerto Rico Land Authority (P. O. Juan), Puerto Rico coupon bonds. July 15, 1950. Denomina¬ tion. $1,000. Due on July 15 from 1952 to 1971 inclusive. Legality Land Authority, only approved by Townsend, Elliott & in the world to solicit Munson, of Philadelphia. erop San Dated Bond Sale loans — on a The Puerto (P. O. Shelbyville), Tenn. $135,000 hospi¬ bonds offered May 24—v. 171, Bond Sale—The June 9 for the purchase of $500,000 1 from 1966 to 197(£i8clusive. Hardesty, Okla. Bond Offering — Loris Ricker, The second highesfc-thdder was Toym Clerk, will receive sealed State Bond Commission,"for 2s and bids until 7:30 p.m. (CST) on May 2^4s, at a price of-pafiff*53* at basis of about 1.81%. The second syndi¬ (PDT) on June 5Mtor the purchase cate composed of Harriman Ripley of $65,000 sewer system coupon & Co., Inc., Kidder, Peabody & bonds. Dated Jan?:;Ip4950. De¬ Co., of New York, A. Webster nomination $l,000pDy<pon ijan. 1 Dougherty & Co., Schmidt, Poole from 1951 to 1970 inclusiye^aJRrin- & Co., both of Philadelphia, at a cipal and interests (J*jj$£2^able price of 100.03, a basis of about at the City Treasurer's office. 1.55%, as follows: sealed receive sealed York Township Local Sch, Dist, bids until 8 p.m. (PST) on June 7 for the purchase of $30,000 build¬ (P. O. R. R. 4, Bellevue), Ohio Bond Offering—Lorena Aigler, ing bonds. Dated June 1, 1950. De¬ cate composed of Singer, Deane & Clerk-Treasurer of the Board of nomination $1,000. Due on June 1 Scribner, Fauset, Steele & Co., Education, will receive sealed bids from 1952 to 1966 inclusive. Prin¬ Arthurs, Lestrange & Co., A. K. Cunningham & Co., R. C. Schmertz until 8 p.m. (EST) on June 5 for cipal and interest payable at the the purchase of $200,000 building County Treasurer's office, or at & Co., and George G. Applegate addition bonds. Dated June 1, the fiscal agency of the State, in & Co., all of Pittsburgh, as 2%s, 1950. Denomination $1,000. Due on New York City, aft the option of at a price of 100.21. Principal and interest (J-D) pay¬ able at the First National Bank, l%s, as lakes PENNSYLVANIA ceive Offering Co. of New York and the First National Bank of Boston. The Chemical Bank and Trust Co., the Banco Credito y Ahorro 171, p. 1935—were awarded to Ponceno, and the Banco de Ponce Halsey, Stuart & Co., Arthurs, jointly offered 2.03% on the issue Lestrange & Co., and A. E. Masten and the Chase National Bank sub¬ & Co., both of Pittsburgh, jointly, mitted an offer of 2.09%. to launch the sew¬ Schmaltz, City Recorder, will re¬ Bond . v. which Salem, Ore. Sale—The Bond Cor¬ Ore. $350,000 con¬ struction bonds offered May 22— 000 (P. O. Reading), Pa. Bond Sale—The $2,000,000 im¬ provement general obligation bonds offered May 24—v. 171, p. Condon, velopment p. Sale—The Bond Winfree, & Portland. Berks ; 171, on water bonds. the Ben¬ to Bank 18—v. ceive of 99.60, a basis of about 1.78%. The second highest Sale—The $20,000 school County 1110 Building, Portland), Ore. Bond District at bonds offered May 19—v. 171, p. 2042—were (P. O. Equitable tional Bank, of Portland, as l3As, Corvallis), Ore. Bond 1 inclusive. tion $1,000. Due on Jan. 15 from 1951 to 1960 inclusive. Principal were County Con Sch. Dist. favorable $7,000,000 a the fered OREGON most The Government De¬ Bank of Puerto Rico reflecting the excellent standing of Puerto Rico, are purchase of $200,000 highest bidder was Stroud & Co., substantially lower than received sewage treatment coupon bonds. and Schmidt, Poole & Co., jointly, by the Land Authority four years Dated July 15, 1950. Denomina¬ for iy8s, at a price of 100.13. ago, when an initial issue was pur¬ 12 age No. May on 1971 Martin, City Recorder, will receive sealed bids until 8 p.m. (PDT) on June 2s. Benton Due the history for bond issue. $100,000 gen¬ eral obligation honds offered May Aspinwall), Pa. 1 1968 inclusive. to Sale—The Bond received bids in its (P. O. East McKeesport), Pa. O'Hara Township Sch. Dist. (P. O. May on 20 North Versailles Twp, Sch. Dist. 2043—were awarded was fiscal agent in the transaction. Low to Fauset, Steele & Co. of Pitts¬ bidders, offering 1.87%, burgh, as 2s, at a price of 100.33. comprised the Banco Popular de Puerto Rico, the Guaranty Trust basis Milwaukie, Ore. Offering — Ellen Bond highest bidder was Woody & Heimerdinger, Washita Due 2y2s. as The second Walter, on 2Vis. as from 1952 to 75,000 $127,000 sewerage extension bonds. 158,000 water extension bonds. McCulloch, Worthington Local Sch. Dist., Ohio Bond Sale Postponed—The I sale f the $630,000 school bonds, orig¬ jointly, at of about 2.73%, as follows: vallis. ashington Local Sch. Dist. (P. O. Tippecanoe), Ohio Bond Offering—C. L. Chandler, .rh. If 1969. of the County SuperintenSchools, in Coshocton, un¬ it 1:00 p.m. (EST) on June 1 for he purchase of $20,000 building hds. Dated June 1, 1950. Do¬ minations $1,000 and $500. Dye lerk Oct. on ent of n Directors, 15ids until 10 Wagoner, Okla. Sale—The $885,000 bonds Bond 1934—were awarded to Blyth & Co., and the United States Na¬ tional Bank, both of Portland, p. Board.,of sealed (CST) on May 31 for the purchase of $50,190.10 water im¬ yan, Warsaw the receive a.m. County ommissioners, will receive sealed ids until 11 of bonds J. R. Raney, — provement bonds. Dated April 29, ark County (P. lerk Clerk will County Sch. Dist. No. 6 Central Point), Ore. Sale—The $500,000 school offered May 15—v. 171, O. 55 Rico tal p. 2043 — were awarded to the Temple Securities Corp., of Nash¬ ville, on a bid reflecting a net in¬ terest cost of about 1.71%. The organization agricultural bid basis, on May second highest bidder was Equi- 56 (2243) table The Commercial and Financial Chronicle Securities Corp., on bid Blair & Co., of Chicago. Provident Savings Bank & Trust Co., of Cin¬ $118,000 60,000 will receive sealed bids until June cinnati, Dempsey & Co., Detmer & Co., both of Chicago, Ball, Burge & Kraus, of Cleveland, H. V. Sattley & Co., of Detroit, 6 Herbert reflecting a interest cost net a of -about 1.71%. Harriman, Tenn. Bond Offering—The City Clerk for the purchase of $50,000 jswimming pool bonds. Robertson County (P. Springfield), Tenn. O. • County Judge, will receive sealed 12 for school 1950. purchase bonds. Dated 1 inclusive. (M-S) from $1,000.' 1953 Principal payable March Christensen at a $905,000 Due from 865,000 Co., New City. Legality approved by Chapman & Cutler, of Chicago. 000 sold 53,000 1951 as 2s. - "75,000 as on 1956 on May as 2V4S. 2V2s. Due & has price mas, .. H untsville, school offered were house, Series Texas , sewer system bonds offered May 18—v. 1832—were awarded to the posed of John Nuveen & Co., of Chicago, Coffin & Burr, Ira Haupt Be Co., both of New York, William State Securities Corp., Col¬ Corp., of Texas, and Lucas, Eisen Antonio, & Waeckerle, of Kansas City, jointly, at a price of par, a basis Of about 2.54%, as follows: EQUITABLE LIFE ASSURANCE THE as STATES Avenue, New Yokk; 1, N.Y. Notice is hereby given that in accordance with the provisions of the or directors of The Equitable Life Assurance Society of the United States has nominated the following named persons as candidates for election as Directors of said Society: Insurance Law of the State of New York the Board HENRY M. about 2.82%. Due cost 1951 from of to 1979 inclusive. Legality approved Gibson & Gibson of Austin. second highest a bidder Offering H. L. Snow, Business Manager, will receive sealed bids until 8 p.m. (CST) on June 8 for the purchase of 000 school house bonds. Dated June 10, 1950. Denominations $1,000 and $500. Due on Dec. 10 from 1950 to 1977 inclusive. Principal and interest (J-D) payable at the place designated by the purchaser Securities Kansas CHARLES R. HOOK, Chairman of the Middletown, Ohio Board, Arinco Steel Corporation FRANK R. McCOY, $26,000 Washington, D. C. Dated & MURPHY, New York, N. Y. President and Actuary of the Society ,: SAMUEL R. v'''V ''■'•, ' Class of the Board of Directors, from January 1, 1951. be elected for a term Policyholders whose policies on are entitled to vote in person or by at one of three years least proxy or one year by mail. ALEXANDER McNEILL, Secretary. May 31, 1950,, June 15 1970 inclusive. Sch. Dist. No. 46 ter & Bond Pacific Vt. $25,000 im¬ offer6d May^ 3 A. on nicipal building May 22 — v. 171, awarded of to F. Richmond, W. as ond bonds p. mu¬ offered 2148 — were Craigie & Co., 2.60s. highest bidder was Taylor & Co., for 2.70s. The sec¬ Strader, Fairfax County Sanitary Dist. No. 1 (P. O. Fairfax), Va. Bond Sale—The $3,000,000 sewer bonds offered May 24—v. 171, p. 2042—were awarded to a syndicate composed of Phelps, Fenn & Co a price 1951 to. 1970 v v, - ONTARIO Timmins, Bond • provement bonds ■ Ont. Sale—The cost National $226,500 offered im¬ May 5 awarded to Anderson & and the Imperial Bank of were Bank, Bank, Co., both of 1951 to 1965 inclusive. City bids until 31 for sewer 2 p.m. (PDT) on May purchase of $925,000 the bonds. Dated June revenue 1, J950. Denomination $1,000. Due June 1 from 1952 to 1980 inclu¬ sive. Principal and interest on payable at the City (J-D) Treasurer's office, or, at the option of the holder, at the fiscal agency of the State, in New York City. Legality approved by Preston, Thorgrim¬ son & QUEBEC St. Jean-Baptiste, offered May 15 were awarded to Bell, Gouinlock & Co., of Mon¬ treal, at a price of 17.52, a basis of about $58,000 Bond Sale—The $275,000 bonds offered May 25—v. 171, p. 2148— were awarded to C. F. Childs & Co., of Chicago, as IV4S, at a price of 100.35, a basis of about 1.18%, follows: 1951 82,000 mp rove me n t ■ from The second Due to 1970 * June on I inclusive. Catholic School ' Co., awarded to A. E. Ames &r of Toronto, and McTaggart, Hannaford, Birks & Gordon, of Montreal, jointly, at a price of 97.67, basis of a about 3.18%, as- $145,500 as highest bidder 2%s. Due May on as 1961 was Chicago, for Dated to 3s. Due £ May 1 from. on 1970 inclusive. May 1, 1950. price of 100.34. a Offering Clerk, will the 7 — A. E. receive p.m. (CST) purchase of Haeft, sealed on June $350,000 sewer bonds. Dated May 1, 1950. Denomination $1,000. Due on May from 3^2S. May 15' were 204,500 Waupun, Wis. 1 inclusive. from 1951 to 1960 inclusive. bonds. Bond for 1960 1961 June 1 from on Bond Sale—The $350,000 school construction bonds offered . „ sewer First National Bank 134s, at to as follows: as 3s. Due follows: $175,000 street i bonds. 3.65%, as Commission, Que. Madison, Wis. 100,000 sewer Sherbrooke WISCONSIN as Que. Sale—The $140,000 water and paving bonds Bond works, Horowitz, of Seattle. 1951 to 1970 inclusive. Australia to Repay $3,196,000 Bonds Maturing The in New Smart) the on Australian York June 1 Consul-General. (Lt. announced on Commonwealth Gen. E. K„. May 25 that: of Australia will provide the City of Brisbane with the necessary foreign ex¬ change to pay at maturity the $3,— principal amount of theCity's^ 6% sinking fund bonds, due June 1; 1950, guaranteed principal WYOMING Va. IJ. Ames & ZYzs, at as - Olympia, Wash. Offering — B. F. Hume, Clerk, will receive sealed VIRGINIA $150,000 to April 1 from . a high¬ : Sale—The — awarded Due on . Halsey, Stuart & Co., Principal and interest (M-N) Kidder, Pea body & Co., of payable at the City Treasurer's New York, jointly, as iv2s, at a office. Legality approved by price of 100.51, a basis of about Chapman & Cutler, of Chicago. , Bond The were Bond bids until $1,025,000 May 25 were Sale Canada, Toronto, jointly, as 3^, Seattle, and Bramhall & Stein, at a price of 100.18, a basis of jointly, on a big reflecting a net about 3.37%. Due on interest cost of about 1.98%. May 1 from 6 Dist., ' provement bonds inclusive. Co., of San Francisco, bid reflecting a net interest City The — Bluefield, or contracts are in the date of the election and have been in force prior thereto on COLUMBIA Cranbook, B. C. . bonds offered May 23—v. 171, p. 2043—were awarded to Dean Wit¬ ' Directors, constituting are to Sale duly filed The annual election of Directors of The Equitable Life Assurance Society of the United States will be held at its Home Office, 393 Seventh Avenue, New York 1, N. Y., on December 6, 1950, from 10 o'clock a.m. to 4 o'clock p.m., and at said election twelve BRITISH of 100.93, a basis of about 3.38%. ,(P. O. Seattle), Wash. 15, 1950. Legality Dumas, Huguenin school bonds offered awarded to 1.45%. ■ - • Jan. on inclusive. and- % WALKER, New York, N. Y. City Investing Company A certificate of nomination of the said candidates has been with the Insurance Department of the State of New York. 1961 Bond Sale—The $150,000 school June 15 in Boothman, of Dallas. Bond Vice President and Director, force by Brattleboro EDWARD L. SHEA, New York, N. Y. price a VERMONT President, Ethyl Corporation ; 1953 to June approved THOMAS I. PARKINSON, New York, N. Y* \ President of the Society < at on 2M>s. Due JOHN LORD O'BRIAN, Washington, D. C; , • 2Y4S. Due as from STERLING MORTON, Chicago, 111. Chairman of the Board, Morton Salt Company at : a price of 103.65, a basis of about 4.05%. Due on May 1 from 1951 to 1970 inclusive. V refunding bonds. to Bothell Sch. 1951 and 1952. Counsellor-at-Law ■■ as 314,000 RAY D. - City,, jointly, of par, as follows: CHARLES W. KELLOGG, Queen Anne, Md. Honorary Member, Edison Electric Institute pur" and at the State Treasurer's office. Corp. of Texas. First of Texas Corp., both of San Antonio, and Lucas, Eisen & Waeckerle, of Member, Reed, Smith, Shaw & McClay the Co., of Toronto, was Texas Bond re¬ King and Snohomish Counties, bid reflecting net interest cost of about 2.84%. Bonds Sold—An issue of $400,000 school bonds offered has been sold to the Columbian Corporation Vice 1954 20, Alta. Sale—The $85,000 hospital bonds offered May 2 were awarded to Sydie, Sutherland & Driscoll, of Edmonton, as 4V2S, a.m. Seattle. on a Raymondville Indep. Sch. Dist., No. Bond Principal and interest (J-J) pay¬ able at the County Treasurer's of¬ fice. Legality approved by Pres¬ ton, Thorgrimson & Horowitz, of at a Texas Counsel lor-at-Law ROBERT J. DODDS, Pittsburgh, Pa. Counsel lor-at-Law < from ALBERTA Magrath Municipal Hospital Dist. 11 for Bothell, interest net ALEXANDER, New York, N. Y. FRANCIS B. DAVIS, Jr., New York, N. Y. Chairman of the Board, National Distillers Chemical i 1 Sweetwater Indep. Sch. Dist., . until 5 Denomination $1,000. Due pay¬ $235,- Notice of Nomination of Directors bids June on chase of $66,000 Moroney, of Houston, sealed (PBT) reflecting a agency of the Bank of Canada. v of about 1.85%. The second est bidder was Bothell State SOCIETY UNITED July 1 on 1716—were awarded Russ & Co., of San Antonio, on a bid The 393 Seventh to Due Rivers, County Treasurer, will ceive lndep. Sch. Dist., Tex. Bonds Sold—An issue of $300,000 2%% school house refunding sold 2.70s. $500, $1,000, $5,000, $25,000 $100,000. Principal and in¬ (J-D) payable at any and terest (P. O. Kelso), Wash. Bond Offering — Gertrude Texas Port Neches Dittmar & Co., THE .. . Dec. 15, Dated June 15, 1950. Denomina¬ tions 1 Cowlitz County, Longview School District No. 122 able at the State Treasurer's of¬ fice. Legality approved by Vinson, Elkins, Weems & Francis, of Houston., T> C/J.; been July on WASHINGTON by Chap¬ Principal and interest (M-N) Beissner & Co., price of par. Due pay¬ Treasurer's of¬ Sch. Dist., July 1 from on from 1973 to 1983 inclusive. 3 V4S. Dated May 1, 1950, Due on May 1 from 1951 to 1985 inclusive. by OF the at 2s. Due as on 1954. 2%% refunding bonds. Due on June 15, 1968. Optional June 15, 1967. | from 1967 to 1972 inclusive. 171, p. Equitable Due July 1 on 1,670,000 umbian Securities May 23—v. 171, p. 2043— a syndicate com¬ awarded to Due 2V2s. San bonds p. iv2s. as as Path Com Indepi Sch* Dist., Tex-as Bond Sale—The $90,000 school house bonds offered May 22—v. 171, $395,000,000 2% refunding bonds. 350,000,000 615,000 revenue $3,000,000 1950 sanitary a about 1966 inclusive. bonds has Bond. Sale—The $600,000 water works and The — .• of to school house bonds has Shawell 1 Indep. Sch. Dist., Texas Sale , basis a from 1954 to 1957 inclusive. Bonds Sold—An issue of $80,000 been sold to Dunn & Wills, of Corp., Legality approved by Du¬ Huguenin & Boothman, of par, follows: as as Navasota Indep. revenue to of 1958 Houston, sold Dallas. - TEXAS Bond been price 2.57%, of Chicago. IVzs and 3y4S. sewer Heimerdinger, of Cincinnati, at a 585,000 able of Houston, as 4s, at a of par. Dated March 15, from 1968 to 1970 inclusive. Amarillo and issue fice. Legality approved man & Cutler, of issue of $140,- of Texas Sold—An Principal and interest (M-N) 1 Texas as at 2V4s. Dated May 1, 1950. Due on May 1 from 1951 to 1962 inclusive. Co., 1950. May on water bonds 1 May 1 on First 2%s, basis of about a Phillips Houston, as — May 1 from Due the was Asso¬ and has been sold to the J. R. Investment Co., of system bonds has been Antonio, Co., $38,000 school house refunding bonds _ inclusive. from 1962 to 1967 inclusive. * 42,000 Bonds 1 May on — Liberty Indep. Sch. Dist., Texas Deer Park, Texas Bonds Sold An issue of $300,- inclusive. Due 1957 to 1961 to 000 Due to Due highest bidder and 1 inclusive. $130,000 Due in 1 to 28 years. follows: 21/2s. as from 2V4S. second t June on 1975 to CANADA 1 2.58%. of May 1961 Monday, May 29, 1950 Glore, Forgan & Co., both of New York, Alex. Brown & Sons, of Bal¬ i timore, B. J. Van Ingen & Co., of New York, F. W. Craigie & Canada (Dominion of) Co.,1 Bonds Publicly Offered Mason-Hagan, Inc., botn of Rich¬ The mond, Scott, Horner & Mason, of Bank of Canada, of Montreal is Lynchburg, Thomas & Co., of publicly offering an issue of $745,Pittsburgh, and Walter, Woody & 000,000 bonds, divided as follows: inclusive. 2Y2S. Due as for 2V2S price of 100.004, May 1 on 1 June on 1960 ciates, 1966 inclusive. Sold—An sewer of San 100.02, a basis of about 2.29%, as previously noted in v. 171, p. 1716, $55,000 Due Bandera, Tenn. Bond Sale Details—The $225,•000 school bonds purchased by the .syndicate headed by W. N. Estes & Co., of Nashville, at a price of as 2s. as 1960 to as Bonds Tullahoma, sold The 100.11, a follows: on June on . Due to Eddleman-Pollok from 1967 to 1979 inclusive. York were 2%s. Due as 1,230,000 Central Hanover Bank & Trust both of Due 23/4s. 1958 from from 1951 to 1959 inclusive. interest the price basis of about 2.16%, as 1, and at & 1973 to 422,000 Co., of New York, Walter, Woody & Heimerdinger, of Cincinnati, White- Writer $540,000 from & Denver June on of Denomination March on (CST) p.m. the Sims V Phillips Co., of Davenport, R. A. Underwood & Co., of Dallas, Boettcher & Co., and Peters, Bond Offering—Hal G. Bernard, bids until 2 J. 3s. as from 1951 to 1957 inclusive. as ,.. 196,000 Big Horn County Sch. Dist. No. 20 (P. O. Burlington), Wyo. Bond Sale—The interest by the State of $15,000 funding and bonds offered May 22—v. "171, p. Queensland. The bonds will be 2043—were awarded to the State. payable, at the office of the Fiscal Park County Sch. Dist. No. (P. O. Powell), Wyo. Bond Sale—The $200,000 1 build¬ ing bonds offered May 22—v. 171, p. 1935—were awarded to Boett¬ Agents, Guaranty Trust Company of New York and Lee Higginsort Corporation, Boston and Chicago^ This will be the second Australian semi-government deemed in New loan York cher & Co., to be this re¬ year. Bosworth, Sullivan & Payment at maturity of $5,905,000 Co., and Peters, Writer & Chris¬ principal amount of the Metropoli¬ tensen, all of Denver, jointly, as tan JWater Sewerage and Drainage 1.60s, at a price of 100.57, a basis Board (Sydney) 5Vz% bonds was of about 1.49%. made on April 3. -