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ADM. §U§, MONDAY UBRWW . ISSUE Reg. U. S. Pat. Office Volume New Number 4905 171 General RAILROAD " for are INSURANCE - CAPITALIZATION on March - : 2 Va % In This Issue : " ; 1948 1947 $527,941 $475,277 railway-—— from Net Net ry. 132,771 109,220 214,616 188,669 income— 74,276 52,886 109,211 98,305 railway oper. Common Net from Net ry. —V. 1,135,584 336,551 income 171, p. 1,330,360 1,516.612 1,281,526 344,601 161,356 302,887 239,630 - 1353. ' Alabama Gas Corp.—Definitive Bonds / first Definitive available at exchange of Bank Chemical the bonds, mortgage outstanding Trust 171, RR.—Earnings— from $1,402,094 $1,457,303 $1,305,925 298,876 345,518 314,340 234,062 134,211 175,620 162,770 111,646 4,006,405 4,019.262 4,392,423 3,923,532 949.004 872,210 1,051,643 750,310 Stock and Bond Averages (Dow, 438,841 425,713 554,346 354,320 income— Over-the-Counter from Gross Net from Net ry. —V. railway railway—. income oper. . -\ company 24 filed April on stock March, in company common In 2,000,000 $2 share. per offered 1,000,000 shares The net proceeds are to ; stockholders of s' pany, at annual the . < r corporation Trout on Creek, Trust 24 the ratified meeting filed a Reserve acceptance Co.,; it issued t p. „ will cerns and heating In Louisville and 3% be used This to of 3V8% 12-year on The Louisville which . for — (Ky.) System Brick deductions - ■ & each for income 467,730 American Car & Foundry Co.—Operations * that * at ond half and not t a : , dividend paid Dec. - the the on 15, company's best its unsatisfactory interests Unsatisfac¬ of the fiscal year, company at thereon which Hardy and ' held. terms of and the company for other dividend The to be are sub¬ rate, amend¬ by supplied 171, Gas p. available as increased working corporate purposes, including capital and will be general 1781. March ■ with 31 ■' ? the SEC to cover • . stock the basis in exchange Brick & Tile Co., public. AmericanUnited Dealer United of the of hands the in with statement par. share share for a on capital of With SEC— registration stock, $2 a common remaining 67,199 outstanding shares of H. M. Byllesby & Co. is named as the stock. 171, p. 1457. after per Walter who 1950 charges and income has $1,384,922 $1.0f —$0.79 been elected been re-elected has 1949 $1,063,239 taxes share common Hochschlld In President, succeeding Harold of Chairman the K. board. other bids, also for & Hutzler, 2'/is, 100.1099; be used to were received as Harriman, follows: First Boston redeem Corp., 151,623 100.07. shares of 4%% cumu¬ preferred stock at $110 per share owns, of its bonds of directly or 1925. Is indirectly, operating electric utility one of them. electric service. company's new President began his business career in 1920 the company, becoming Secretary in 1934 and a Vice-President He 1942. served the in More a all public utility holding company outstanding common the of subsidiaries and preferred stocks than 997* of is derived Properties of the subsidiaries the from are consolidated the Earnings of on Earnings demption, of any ■ applicable Earnings to 61 PLANS to . cents — Quarterly Financing Ex¬ 1<14Q 104R stock— $5,301,675 $1,843,797 3,044,855 2,768,050 outstanding, Dec, 31 per capitalization Consolidated Gas 1948 the $1.74 earnings *$0.67 would have share. common FINANCING—Both NEW of and Co. the distributing Milwaukee Gas subsidiaries, Light Co., have under way substantial expansion programs to provide for sharply growing demands for gas being made on them. Michigan Consolidated spent approximately $16,300,000 for the purpose in 1949 and Milwaukee Gas Light Co.'s expenditures were about $4,200,000. Capital outlays of each To company finance as well in 1950, the of The are their William G. funds it is expected its expected to expansion it Michigan-Wisconsin necessary added, ing as common parent Woolfolk, and to In be necessary Line, to sell increased this year. for both companies, additional securities Chairman, said. To aid in securing sound capital structures, he maintain that American stock substantially be will Pipe during Natural the December, current will make another offer¬ year. purchased 142,857 common shares of Michigan Consolidated at par for $1,999,998 and in March, 1950, it purchased 250,000 common shares of Milwaukee Gas Light at par for $3,000,000 cash.—V. 171, p. 554. company 1949, St. Louis Listed and Unlisted Securities gross furnishing of Edward D. Jones & Co. Established one or the to date tabulation - of - „ Missouri Members New York Stock Exchange Midwest Stock Exchange Chicago Board of Trade re¬ below, 1871 300 North 4th St., St. Louis 2, more the he with Subs.) — present 1945, •••■ share per ■"Adjusted to retiring ' v.. - common shares common (& 1942 abroad, and located in Michigan, thereon together, in the cases designated in ranging from Ya of 1% to 37a 7*. ■ From 1928. Rise—Additional "• 4,020,000. thereof, and interest accrued with premiums .i Number of equalled since Gas Corp. Sharp Calendar Year— series are redeemable, in the inverse order of their maturities, at the option the company at any time or from time to time prior to maturity not less than 30 days' published notice, upon payment of the prin¬ cipal amount Show pected— Indiana, Ohio, Kentucky, West Virginia, Virginia and Tennessee. These subsidiary companies serve 2,075 communities in an area having an REDEMPTION—All of the serial notes director a U. S. Army, in this country Major.—V. 171, p. 1353. of to be j has been the rank Michigan Co.—Notes Offered—Offer¬ Electric & estimated population of more than 1949. added that the of outstanding the American Natural preferred then operating revenue of the subsidiaries final audited figures covering operations ; for the year will not be available for about six or eight weeks, and at,, that time the Board will review the results for the purpose of deter- * Mr. shares common and underwriting price Bros. stocks it would be unwise this time to declare preferred shares additional to that of 1%% cumulative COMPANY—Organized in i result of operations during the sec- current of and to discharge a portion «f serial bank loan 2% notes maturing Dec. 1, 1955 and March 1, 1956. The balance will be added to treasury funds of the company, Hardy, of in seven PROCEEDS—Will regular because of the - - J. the shares Ripley & Co., Inc., 100.2359; Halsey, Stuart & Co., Inc., 100.20999; Salo¬ $620,389 Chairman of the Board, on April 27 announced monthly meeting of the board of directors held April 27, 1950, there were carefully reviewed and thoroughly discussed the results of operations, as tentatively shown by figures submitted, for the fiscal year now about to close, and the outlook for the immediate future. As a result of such discussion the decision was reached Charles that shares City, capital filed 28 to be offered are owns income with May , lative tory—Again Passes Preferred Dividend— effective Secretary, inclusive, and were awarded to the group at competitive sale on May 1, on its bid of 100.524. ; r j . 2013. p. V ;-V- >. elected been prices to yield from 1.55% to 2.60%, according to ma¬ turity. The notes mature serially May 1, 1952 to 1965, 19,326 $237,230 — April on 50,926 Hochschlld at mon profit 170, warrant the shares. ing of $27,000,000 2Vfe% serial notes dated May 1, 1950 was made May 3 by Union Securities Corp. and associates 32,421 197,714 taxes (est.) preferred White, Weld & Co. is named as the principal underwriter. of the sale of the preferred stock will be added to the capital 108,583 3,676 the on stock, series B (con¬ vertible prior to July 1, 1960—Par Value $100) filed with the SEC on April 26 are to be offered for subscription by common stock¬ holders of record May 16, 1950, at the rate of one preferred share cash funds 76,790 34,600 the year's earnings will at all, dividend Net proceeds $1,260,397 *110,574 — ——— foreign has Fee 500,000 ment. 1949 $599,034 dividend—foreign subsidiary for Federal Net —V. Stk. Offering issue filed was 50,926 shares Manager.—V. American Cyanamid Co.—Rights to Stockholders— The Four ; 167, 45 - 1, 1950, succeeding Howard C. Wick, who is retiring after 45 years of service, the last 34 as Secretary.—V. 171, p. 945. con- 84,490 income Miscellaneous Prov. powers.—V. The Allan American 1950 the Kansas of 45 New Secretary Elected— C. and to provide industrial further a expenditures.—V. : . Miscellaneous Preferred proposed , company Marietta Banks mining to what extent, if . operations before depreciation Depreciation * the notification of The shares ; and ventilating contractors, has its principal offices operates plants there and in Moline, 111.—V. 171, Quarter Ended March 31— * with units. covering Earnings scription supplies letter Net May 2. retire existing loans to corporation, 189. Profit from the American Metal Co., Ltd.—Earnings—New President— American Bank Note Co. (& Subs.)—Earnings- ; increase to underwriting multiple-line company's Quarter Ended March 31— involved. $800,000 notes announced was funds. construction proposal a 2,000,000 shares of $2.50 par value to Favorable action was also taken on the company's charter, restating, enlarging and value. ... above SEC of letter of undrwriting No has 5-year The proceeds j approved 1 from par American Marietta Co.—Registers Condition Statement of Member Banks of 1905.—V. 171, p. 945. Corp., Spokane, Wash.—Files— April Mont. company of J.—Authorized N. Newark, The proceeds will be used to increase the guaranty fund and surplus. The Combined Condition Statement of Federal notes to The Mutual Life Insurance Co. of New York and $400,000 250,000 j£bre or less limit the sale of these underwriting units to members oi butane industry in Texas in view of the fact that the company Was sponsored and organized by the Texas Butane Dealers Association. —45 _45 Foreign Exchange Rates-- American Air Filter Co., Inc.—Notes Placed Privately ' —The the connection A Dividends Declared and Payable notification with the SEC covering 100,000 shares of common stock (par 10 cents), to be .offered at 25 cents per share. The proceeds are to develop properties near 250,000 & of 450 underwriting units Sometime during the calendar year on the basis of $650 per un.t, it is announced that it has been the custom of the company in the past to Alleghany Ambassador Mines The Gardner., & CO,—— Barth American Lloyds, Dallas, Tex.—Proposed Ir. __44 payment of 7 375,000 - Reinholdt Co. May on stock same amend to clarifying Redemption Calls and Sinking Fund Notices-45 of be preferred stock by certain officers of the corn¬ in exchange for Investors Diversified Service, Inc., class A owned by the Allegnany Corp.—V. 171, p. 1141. stock, the p.- 1253. Alleghany Corp.—Acceptance of Tenders Ratified— tenders Inc. 2,000,000 Insurance capital of proposal a —^51 Federal Reserve * 8cott, Horner & Mason, J. stockholders The authorized 6,000,000 ,! State and City Bond Offerings be returned to each subscriber. the amount paid will Company was incorporated in Illinois on Feb. 15, The Weeks & American the Chicago—Stock Offered—- publicly 1950 at $1) (par of 2,500,000 Co., Corporation & Investment News_Cover General the company to engage in the casualty insurance business." event organization is not completed under permit expiring Feb. 15, 1952, 85% Allyn & Co., Inc. Becker & Co., Inc. & Capitalization Increased— Miscellaneous Features used by , C. G. Hornblower a All American Casualty Co., . 375.000 4,000,000 —V, 171, p. 1781. Jones)-——33 The Course of Bank Clearings The 1,000,000 Inc.—-—— Raffensperger, A. 34 __34 Transactions New York Curb Exchange Terminal Co., Juneau, Alaska—Files— letter of notification with the SEC covering 3,000 shares of common and preferred stock to be offered at $100 per share. The proceeds are for engineering expenss and equipment. No undrwriting involvd, The & Co. Hughes Johnston, Lemon 4,000,000 4 he Alaska Ferry & ! $1,000,000 Sons___ & Brown 4,000,000 A. 1457. 171, p. Alex. $5,250,000 Dillon & Co._ —43 Markets Transactions New York Stock Exchange- From Jan. 1— Securities Corp.- Lehman Brothers National Quotation Industrial Stock Averages_33 railway oper. Union — $1,367,697 railway--. 49,808,180 7,597,311 shs. (par value $10)1_: Kuhn, Loeb & Co — 1947 1948 stock names of the several purchasers of the serial and the respective principal amounts of serial notes severally to v purchased by each are set forth below: Eastman, — 1665. p. 1Q4Q from Net ry. Co., bonds.—V. temporary March Net Ready— due 1971, are now New York, N. Y., for series & Alabama Great Southern Gross (Bonds)— Exchange —. 480,044 609,730 179,041 railway oper. Exchange Curb None 244,377 shs. UNDERWRITERS—The be (Stocks) Stock York New railway from Exchange New York 27,000,000 „. " notes 13 25 --29 Boston Stock Exchange —34 Cincinnati Stock Exchange 34 Detroit Stock Exchange-34 Los Angeles Stock Exchange -35 Midwest Stock Exchange-.-36 Philadelphia-Baltimore Stock Exchange 37 Pittsburgh Stock Exchange 37 San Francisco Stock Exchange 37 Montreal Stock Exchange -38 Montreal Curb Exchange-38 Toronto Stock Exchange —39 Toronto Stock Exchange—Curb Section-42 New York Stock Prom Jan. 1— Gross 27,000,000 1, 1965 preferred stock (par $100): ' Page 1949 $417,104 from 1, 1951 to March 1. 1955— notes, due serially May 1, 1952 to May ' 1950 $425,679 March Outstanding $8,900,000 Authorized $8,900,000 Unclassified Stock and Bond Quotations FINANCING PRESENT TO serial Cumulative Akron, Canton & Youngstown RR.—Earnings— Gross EFFECT GIVING " : No underwriting involved. working capital. MISCELLANEOUS - Serial bank loan notes (2%). due serially April 27 filed a letter of notification with the SEC covering 4,500 shares of common stock (par 10 cents) and 6,000 shares of 6% cumulative non-convertible preferred stock (par $10) to toe offered at 40 cents and $10 per share, respectively. The proceeds corporation INDUSTRIAL - Dallas, Tex.—Files— Accountants Publishing Co., Inc., The f Copy a Corporation and Investment News PUBLIC UTILITY - Cents 75 Price York, N. Y., Monday, May 8, 1950 New York Curb Exchange (Associate) Phone CEntral 7600 Bell Teletype SL 593 2 The Commercial and Financial Chronicle (1882) American Phenolic Net 1950 $2,765,336 Cost Belling, general profit Other Net —V. Federal profit Dr2,137 389 $379,906 for income taxes 155,000 the by addition to fornia.—V. P. issued last company, than mere 170, $224,906 2014. p. ' Quarters Ended March 31— Sales, less $175,649 Period End. Mar. 31— i 1950—Month—1949 1950—3 Mos.—1949 Ry oper. revenue 39.000,328 41,427,618 103,097,854 oper. expenses 28,115,189 31,374,753 79,905,259 Sanitary Corp.- -Bank Director— Other 10,885,139 5,987,498 10,052,865 5,024,441 28,192,595 14,026,966 oper.: income ry. A. Chicago, board. and ni., has been He is also other Corp. President Brown. the elected Harris Trust director a & fill to Savings vacancy a of the Bank including Medallic Art Co. Bell on Rock Island & Pacific RR. Howell Co., Globe American & The of New York.—V. 170, p. 2125. company April on filed 24 letter a of notification with the 434% first mortgage bonds, due 1962, to be underwritten by The Ohio Co., Columbus, O. The proceeds will be used to retire bank loans and to provide working capital. SEC $275,000 covering Seating Co. (& Subs.)—Earnings— Three Months Ended March 31— Gross sales, less returns goods sold of Cost Selling and Operating Other Total Other $5,552,010 4,278,122 685,245 844,052 expense profit income 1949 $4,232,579 3,130,384 allowances and administrative 1950 $258,143 30,052 _ $290,205 — charges Federal $588,643 32,062 — //._//__ income $618,695 28,465 from Net from Net ry. ; Net income ♦Earned - from Gross from Net Net shares on 110,531 961,752 148.408 11,473 income oper. ry. The company that became 1959 of conversions The V/a'/o that announces privilege since effective) have been continuing are debentures Sept, ry. at high a convertible are into A. from stock 66%% T. & stock T, and "The the high of rate stockholders it is reduces stock favorable the $130 at Ry, oper. Net Net The company covering April on 10,000 26 shares to amount letter a at $15 per share. The proceeds underwriting involved. to are of stock common company and to debt and increases notification (par provide $10) with to be additional the offered funds. No American Zinc, Lead & Smelting Co.—Purchases Cer¬ tain Facilities from Gov't—New Bank Loan Negotiate^— Within the last Reconstructioin chased ail facilities fers to the on Dec. 31, Our through installed the by negotiations at which government had company these on facilities will immediately make such changes as are metallurgical results at an estimated cost of improve of payment These changes will be completed 1950. of has been negotiated interest. $125,000 Terms a for quarcer a of this period ;/ received money present term loan during of through this loan $1,750,000, which left with loan CONSOLIDATED $3,386,003 1,504,195 $1,099,596 $939,668 476,027 384,825 565,718 497,677 190,252 184.326 325,481 259,768 2,567,691 2.510.183 2,975,371 2,414,650 1,379.090 1.205.838 1,445,702 1.094,709 income.._ 593,715 605,482 754,630 578,428 income... oper. Bessemer & , of 43A approxi¬ fourth banks for for Net from Net ry. Cost of products sold, vision for deprec. expenses $7,842,211 3,590,049 $8,556,257 3,923,019 oper, profit The from from ry. income retire to of Total $333,073 257,275 $43,868 $75,798 24,486 21,935 —1- Atlas Corp.—Registration Statement Filed With SEC— registration 1,924,011 shares statement of with filed stock <$5 SEC the April on 26 C. dent railway of $25 G. has in and shares common stock of AtlaiJ by Goldman, Sachs & Co. par) for A. 171, the offering of Atlas Powder Co. the 100,000 (& Subs.)—Earnings— 3 Mos. End. Mar. 31— 1949 1950 Sales $8,366,750 Cost of goods sold, eral Operating from Total Net 12 Mos, profit transferred •FftrnUin?RUiL"; •Earnings per to 1947 1943 $8,435,831 $10,294,610 $10,451,580 7,724,406 9,628,155 268,275 240,969 9,255,089 157,392 $556,275 $443,150 $425,486 $1,038,599 invests., etc.. note on 64,097 *85,927 14,775 9,688 $620,372 $529,077 17,314 $440,261 16.875 $1,048,287 3,972 220,000 - income for 173,000 150,000 394,000 100,000 pay.— taxes contingencies. t9,265,333 $31,609,960 income Net common preferred to market $834,3*80 of 1949 Other Gross $846,476 $2,002,301 Net Net Net ry. in one or subscribe 130,360 233,210 Crll0,000 $391,095 Net including inventory 1353. (The) u was 1965, it "$604,930 "$94,314 series. The 257,211 $1.87 Federal $0.79 on sale of real estate.—V. each Wickwire, President, taken that Co. over of heads Net 1947 $692,417 13,195 147,806 continue latter is feeding and production of the markets and pulleys, spunsteel and will continue manufacturer a expansion an with stock record May of May 22, (convertiblei, four shares holding policy the Other operation under vertical its high management will not only Cleveland line but also develop Automatic clutches, p. Steel of and unissued remaining 75,461 1950 shall have the right 5. for $40 of shares 186,341 par common value, stock to of cumu¬ the extent ot held.—V. 171, pa, jacks, 1141. company INCOME STATEMENT 1949 1948 1947 $55,313,604 $44,447,522 4,974,693 2,577,568 2,704,000 2,117,000 765,000 7,094.838 taxes— 6,520,588 2,934,000 $4,160,838 $3,816,588 $2,857,698 outstdg. 3,476.439 3,476,439 3,476,439 $1,812,563 3,269,339 share. $1.14 $1.04 $0.77 $0.50 com. requirements.—V. 171, p. 1666. 1950 Net ry. 1948 1947 $409,671 $317,422 $270,913 railway— from 1949 $353,327 Net 64,425 117,875 80,025 57,965 income "11,374 47,327 24,324 •1,445 1,050,559 oper. From Jan. i— from Gross expenses—— 24,932,138 23,853,855 $6,220,338 $6,093,903 $12,257,914 $17,463,650 1,146,718 904,039 232,638 324.686 175,829 866,373 200,285 "7,104 139,784 16,648 16,343 income... oper. "Deficit.—V. 1950—3 Mos—1949 oper, railway railway— from ry. v. 3,033,545 taxes March Net revenue— income—_ per Net 1950—Month—1949 $31,152,476 $29,947,758 Planned—The May 4. All of these debentures 1950 — include products automotive pumps, Oper. oper, the Burlington-Rock Island RR.—Earnings- production stationery, and mov¬ for work of ane size or new established machines. mercury actuated of devices lifts, and grinding wheels.—V. 171, ry. 1950 Co.—Refunding "After preferred dividend multiple, Baltimore & Ohio RR.—Earnings— Ry, Ry. and (par $100) and stocy; issuable Cleveland Tapping of The 171, 1354. p. $8C,714.895 $90,671,833 68,456,981 Calaveras Cement Co.—Par of Shares 73,208,183 3,048,977 5,314,246 8,627,009 V. stockholders value par 165, 171, p. 1354, p. of the on April 27 approved stock common from a no Changed— to proposal to par $5 change per tho share.- — 2662. "14,759 61,837 Calgary Power, Ltd. (Canada)—Stock Offered— Bars or & Aroostook RR—March Earnings— Period End; Mar. 31—, oper. cper. 1950—Month—1949 1950—3 Mos.—1949 revenue. $1,676,045 $2,129,057 expenses,.^.— 799,935 964,803 $4,064,397 2,229,343 $5,094,213 2,665,186 $876,110 $1,164,254 $1,835,054 $2,429,027 470,634 587,188 928,513 1,267,682 78,998 Royal Securities Corp., Ltd., Montreal, on April 17 publicly offered additional shares of 4'/a% cumulative redeemable preferred (par $100) at $101 per share, the proceeds to be used to finance expansion program. Giving effect to this financing, there will be outstanding 30,000 shares of 4Vg % preferred and 50,000 shares of 4fr preferred stock (par $100). :*/"/ ' 10,000 stock 177,711 1,857,018 2,088.855 435,686 1,929,701 276,116 352,132 276,996 434,670 101,164 120,912 191,581 a dealer concession of 40 1257. income profit "Earns, April 28 announced that this corpora¬ on active management tapping machines and Under the Hartville, Ohio, The name. horizontal change $40), $60,879,350 $C7,414/38 inc. Common shares M. to preferred (par authorized had company before or stock Quar. End. Mar. 31— 171, p. 1665. Automatic Steel Products Inc.—Acquisition— has proposal unissued stock cancelled. was announced on 258,313 Net rev; from ry: oper. 1948 $728,975 2,071,839 $228,731 privately held. are $1.04 stock 1949 p. "$39,934 Carl M. Loeb, Rhoades Co., and Blyth & Co. Inc., to reconstitute its $22,675,000 of 3%% sinking fund debentures, due July 1, 1961, into 15-year 3% sinking fund debentures maturing July 1, 259,388 share tor each seven completed.—V. 171, 873,80/ 576,455 right $511,994 per share' Wlth share, 560,432 & $1.27 of com. outstdg. Earnings per com. share —V. Ashland Oil & Refining Co.—Secondary Offering A secondary offering of 15,000 shares of common stock (par Inc made °n APril 20 by A. G. Becker & Co. J! 818,890 191,815 1666. p. Budd 261,407 Shares Net _ oper. income..— 171, p. 1665, ry. —V. The on Oil Co. Endet) March 31— Operating profit after Federal taxes tor "Deductions authorized April 27 additions to 1950 $6,049,466 $5,564,473 2,319,295 reserves 1949 Number "In shares of Earnings per to 1,945,418 costs/ under the 946. operations— $3,730,171 1,704,900 12 Months $1.74 share.— the In 1950, changed Operating 2,084,207 $2.19 outstanding—., $3,619,055 interest Bond stock shares increased was to 100,000 by the shares.—V. stockholders 170, p. 2. accounting policy then in effect, depletion accounting and policy lease "Net abandonment, write-offs amounted to and Barnsdall pur¬ $340,057.—V. . . 171, p. other costs and 1950 3,879,812 71,642 expenses, $4,071,996 5,393,286 general 1949 $5,367,566 income. and 98,239 incl. depreciation paid State operating "Excluding 1986. (& Subs.)—Earnings— Ended March 31— and interest Federal deductions from income $346,722, representing lease chase p. . under 1949, charged from 75,000 California Consumers Corp. Revenues profit preferred from (& Subs.)—Earnings— Three Months Net cents per 285,425 211,018 has made arrangements through before BarnsdaU ry. oper. income— •Deficit.—V. 171, p. 1353 $l,355,94o 1782. Profit Net $785,632 Net $774,392 186,400 common and 1562 128,603 Period End. Mar. 31— $19,471 write-down 128,813 railway. railway- $705,971 267,290 171, for 129,154 $0,309 of 223.820 from from 65,024 $531,844 242,548 _____ share one 129,691 $547,592 $0,455 tCredit p. 118,43/ $1,144,933 on 130,701 new $491,063.—V. 171, 93,151 45,627 preferred stock able reauirement. 37,326 $640,947 Rights to Subscribe— Holders of com. 496,136 $0,416 30,732 been on 135,000 $364,773 367,613 $368,129 more Dividends tion 1950—3 Mos.—1949 $7,354,372 $19,488,910 $20,841,100 5,750,181 16,404,270 17,116,29/ 632,975 1,492,841 1,682,80/ 292,943 966,804 778,64/ 5,748,256 ____ sales and From Jan. 1— Gross 170, p. 2021 Earnings— 1950—Month—1949 $6,999,203 150,000 shares of preferred stock shares have Gross Earnings- income Ingersoli/ Mr. duties formerly the assume stockholders on May 4 approved a reclassify 74,537 shares of authorized and (par $100) into 196,341 shares of preferred 68,391 8,875 1950 oper. Committee. will Brooklyn Union Gas Co.—Stock Reclassified— $550,315 Ry. » Executive The 68,391 Railway railway from railway newly (Dr)__ income $273,386 826,488 Sarefheld-V nffp S5?i°n the basis °L one from Presi¬ the $413,756 "Deficit.—V. 68,391 14,498 Casualty Co.—Rights Expired May 4— #«Tf!fv,cSt?Kkh0lders ?fJ!record APrll 4 were recently given the rEJ *?n? f 0^0r ure May 4 for 10l00° shares of capital March the President, RR.—March income $338,763 1175,523 Anchor Gross of as Rentals, int., etc Contingent charges The Ann Arbor RR.~ eiected to Board. income. oper. income ry. 68,377 26,790 i as 1950, of the 484.473 rents $400,372 Net rev. from ry. oper.. ?nend at duties (Dr) rents fac. stock earned dividend Chairman his — Equip, Joint pfd. $1,975,511 12,096 223,570 share of previously Executive Vice-President of Borg-Warner expenses on and to previously Vice-President, has been S. Davis, who, has been elected revenues../. Operating lative 7,551,139 259,286 profit income shape. M 747,781 1354. Chairman been named Dividends 180,000 of provision for Fed¬ income taxes for prior years 3,009.06S 252,158 535,525 de¬ Prov. for depr. & amort, 16,415 Adjustment "71,980 317,139 COMPARATIVE 3 Mos. 213,271 • — 3,169,162 58,172 "27,371 p. C. of Shallberg, Operating to Machine ®*Pf"ses expense (net) Prov. for depreciation and depletion Prov. for estimated current Federal income taxes 3,542,073 2,539.820 Per. End. Mar. 33.— Corp. and Lehman Brothers are named as under¬ shares of stock and the option warrants for 1Q0.C00 shares of stock. The selling stock¬ holder, is Mr-. George H. Howard, partner of New York firm of Simp¬ son, Thacher & Bartlett and owner of 126,455 shares of common stock (6.47% ) and option warrants for 141,692 shares of common stock (7.36%). Simpson, Thacher & Bartlett are company counsel. The public offering price and underwriting terms for the securities being acquired from Mr. Howard are to be disclosed by amendment. V. 171, p. 1782. writers Prov. other Interest 292,353 $1,061,79? "533.253 succeed office addition share, which are to be purchased from a selling stockholder underwriters. No underwriting discount or other commission payable in connection with the issue and sale of the 1,924,011 be Interest 5,973 gelling 168,962 * assigned to the ofi'ice of the Executive Vice-President.—V. per the A. . 121,095 J 5,378 income Ingersoll, to created covers issuable upon exercise of outstanding option warrants at any time at the price of $25 per share and 100,000 shares of outstanding common stock and option warrants to purchase 100,000 shares ol common stock at any time at the price $1,250,000 to $992,056 income Administrative, "4,960 "46,113 Boston & Maine our ACCOUNT 9,366,327 (net) 1947 "154,987 railway "Deficit.—V. Net Inc. balance pro¬ sales 1948 $1,115,504 "206,317 income oper. Taxes last years. $998,029 on 1949 $1,094,617 From Jan. 1— 3 Mos. $134,106 90,238 — — "Including $71,981 profit Gross Other before and depletion— -Earnings- 1950 S900.4'/] 1354. the 1950 1949 ' 1950 $10,358,383 $10,099,713 $33,585,471 — 1947 Borg-Warner Corp.—New President Elected— revenue— revenue from railway operations railway operating income —V. 171, p. 1141. expired the our used was a 3 Mos. , sales Erie RR. railway railway (Including Wholly-Owned Subsidiaries) Net Lake from Roy Net Federal INCOME Period Ended March 31— 1948 1354. p. March— authorized p. Month Net necessary provide apply on this purchase and plant improvements, ' operating Railway livery and other exps. loan quarterly payment will be $625,000. The pur¬ Monsanto, 111., and during the war period. a cost of $1,080,000 and this trans¬ facilities and leases formerly held by The purchase was a cash transaction. our 171, Gross Atlantic & Danville Ry.—March Earnings- 1949. A five-year term *3,000,000 at 2V2% T have we our company quarter the purchased at agreement mately $500,000. mT with all of the plant government agency. rental concluded Corporation facilities plants were title us The to the 111., have we Finance of City, Fairmont These week May 3, said: on the 171, 1950—3 Mos.—1949 period Ended March 31, 1950— by „ Young, President, $2,940,509 1,207,432 income__ oper. $804,597 oner, Net 171, p. 1665. will Howard I. 87,787 "35,712 the of Pawtucket, R. I.—Files— filed of 984,118 $12,089,392 $13,144,946 $34,204,491 $36,896,627 9,148,883 9,758,943 26,362,280 28,340,370 from ry. oper. rev. ry. The SEC increase to 1,500,000 shares.—V. 1950—Month—1949 expenses share, a equity capital by a larger amount due to the cash premiums received. "Most of the new capital required by the Bell System should come from the Issue of stock, through conversion of convertible debentures or otherwise."—V. 171, p. 1781. American Textile Co., Inc., voted 11 1,072,000 to revenue. Ry. conversion since cper. Earnings— 1949 $860,876 arilway—— railway from Gross April on $115,402 rate. into added: announcement Ry —V. "$130,331 oper. ry. Atlantic Coast Line Co.—Earnings— payable by surrender of one $100 debenture and $30 in cash for each share issued. This $130 price will continue until June 20, 1951, when it will increase to $140 per share. The 1,156,913 224,442 48,849 Electric Co.—Stock Increased— stockholders The capital Crl,129 ,r 171, p. 358. from Net $1.42 1, 1949 (when the con¬ two-thirds of the 3'/aVe nearly converted 1,031,666 123,401 2,754 1354. 171, p. City 75,138 1,959 ... From Jan. 1— Net outstanding March 31, 1950.—V. 171, p. 1353. American Telephone & Telegraph Co.—Nearly of 1959 Debentures Converted— debentures $335,752 20,833 "22,781 - Period End. Mar. 31— version $409,358 95,323 23,484 railway railway "Deficit.—V. $359,784 ' snare— per •Based $161,740 127,054 _ $363,369 51,057 9,763 221,000 — $0.64 _ dividends - income 6,052 of 1947 $344,722 66,830 16,265 railway—— railway oper. Atlantic Cash 1948 From Jan, 1— 37,911 100,000 —>- taxes 1949 117,214 taxes- losses or 1950 Net Gross —V. 1950 March Gross RR—Earnings- income profits railway railway— from of Atlanta & West Point 103,332 Canadian and from Net American $306,623 Beaumont, Sour Lake & Western Ry. Net Athens, O.—Files With SEC— 59,195 "$22,906 _> Federal March Athens Flooring Co., director of the Chicago, a corporations, and of 247,423 profit Gross Mark 1949 $9,260,343 "93.884 _ charges "Loss.—V. 1354. 171, p. 1950 70,978 income for Net 23,773,845 10,828,514 Net -Earnings Off—• $8,358,022 > discounts- and —„ ——— Minority interests in net subsidiary companies 115,441,374 / allowances income Total 91,667,529 —V. returns, income Operating Interest Atchison, Topeka & Santa Fe Ry.—Earnings— Ry. Standard & The revenues. subsidiary of General Telephone Corp., telepnones in central and southern Cali¬ a 400.000 Net rev. from ry. oper._ American Radiator order, which was U. Commission, eifectivc June 1, is in fall which added $1,100,000 to annual annual to California one This revenues. operates 137,000 , a issued $312,649 „ period Official Elected This company on May an estimated $2,200,000 Prov. for Fed. income taxes 1561. p. 357,960 $312,260 expenses-- (netj)_.i—_a./-*- for 171, 375,954 $382,043 administrative operations before prov. profit Provision and from income Net 2,118,539 sales of Net $2,788,759 2,007,339 sales 1949 Monday, May ft. J 950 . . Bausch & Lomb Optical Co. (& Subs.) Associated Telephone Co., Ltd.—Wins Rate Increase— 3 was granted a rate increase which will add Corp.—Earnings— 3 Months Ended March 31— . and/or taxes income. .. gains, losses and surplus Cr66,019 97,979 $31,341 ___ ' loss capital accrued- on $4,037 adjustments.—V. a . , 168, - ; Volume 171 Number 4905 The Commercial and Financial Chronicle . . . (1883) California * The covering The by Electric public offering of William R. & the stocks Co., Facific Staats Goodwin. Net proceeds of the estimated construction SEC— with the SEC May 23 is to be underwritten Co. of California, and Walston, offering price and underwriting by amendment. ; • .V'0 The be .supplied to are Co.—Registers With on 180,000 Hoffman terms Power May l filed a registration statement shares of common stock, $1 par. company on public will sale stock be to used the of finance and to finance the 1950-51 expenditures of The $4,953,000 in proposed to company $2,000,000 in $3,000,000 register May on 1951. in with 5 the 30-year first mortgage bonds which are to bidding. Bids on the bonds are to be invited to are and 1950 be opened be sold at on May 1978; $29,709 of of miscellaneous $2.50 5 Vi 'A and 73,205 debt; stock preferred shares 170, of shares 104,063 (each of of $1,993,765 earned was for the twelve months ended the on 31, dividends, with stock average 94c and share a with 75c March 31, a outstanding earned on 1949 —V. 171, p. during earned period. the stock average share common in for the This 1950, there Net year ry. from from Net and ry. 1949 18,813 Net $846,320 preferred on $1,134,497 479,563 557,071 income./ Dividends Balance 190,«19 —V. $545,417 shares outstanding at 171, $464,316 224,194 March 31. 210,000 MONTHS $3,346,838 $2,958,523 600,694 459,373 576,697 and of award won the The investment bank¬ bonds at competitive bids for the bonds as 2'es included: W. C. Langley 188,150 270,930 139,831 1947 . PURPOSE—Of the proceeds from the sale of the initially be deposited with the trustee and will be will 9,074,642 9,177,386'. 9,254,965 8,094.981 1,102,613 989.900 ,1,162,009 171, p. 235,989 204,718 280,849 *184,095 4.75% the $15,172,122 2,987,242 13,010,289 12,435,782 $662,579 $546,248 $2,161,833 $1,843,649 166 151 8,179 4,605 $662,745 143,560 $546,399 143,299 $2,170,012 566,912 $1,848,254 491,073 $403,100 $1,603,100 $1,357,181 deductions other of corporate physical bonds, Gross from Net from Net ry. ' v 1948 $93,572 $82,860 $126,198 *35,256 *62,481 *8,958 65,105 26.394 $137,999 income income from inc. 30,000 30,000 120,000 bank borrowings and the remainder Including additions purposes, to Net 102,846 79,095 411,385 Public 8,304 53,515 400,693 335,998 424,923 27,519 Net ry. *101,055 of are May 3 on on their bid of 100.30. 50,562 •Deficit.—V. 171, 181,708 VI Co., for share— com. $1,071,715 1,500,000 1,526,733 $0.20 $0.70 $0.61 $0.25 Service Commission. tOutstanding CONVERSION OF $6,000,000 business of 2% convertible stock common April on and converted DEBENTURES—In of into 21, 1950, conversions.—V. November, debentures the of of common 171, 1949, due the these had of ford, been based prior for 1970, plus accrued dividends in each- Period End. Mar. 31— tion Gross Net . from Net ry. railway 145,199 England—Earnings— 1948 1947 $189,000 $230,000 Gross from Net from ry. *80,492 *31,927 *22,481 *105,774 income *138,384 railway- *31,682 *74,526 547,000 612,000 *117,635 *220,242 *129,986 *44.073 *298,777 554,000 railway *364,992 *316,853 *206,911 income oper. •Deficit.—V. 171, from from Net ry. and 1940 on The census. Connecticut and Valley purchase of also company Electric electric Co., has Inc. and energy wholly a Net ry. 171, p. April the shares.—V. voted 170, to amend daily. The $743,159 $668,137 284,165 230,643 of 220,790 168,524 118,243 1,809,565 2,321,600 2,040,578 1.899,282 573,455 912,816 732,410 658,626 275,651 580,426 367,527 311.669 additional westerly to Tennessee The Gas proposed 20-inch The Estimated pany pipelines point cost $169,477 railway 1949 the be received approximately 32 miles Means, Ky., north¬ by is $2,195,000. the issuance company. The The and $166,954 1948 1947 $210,661 *52,799 *46,348 *53,047 *100,925 *113,125 *115,493 deductions. revenue (& Subs.) —Earns. Operating Other income 319,107 1,466,289 10,602 Net from Net ry. .$148,182 492,886 *198,185 *161.619 Income deductions *338,696 Frov. for Federal & State inc. 34,933 *213,530 *323,721 *399,018 171, p. 1458. Balance —V. Canadian Pacific Ry.—March . Period End. Mar. 31— Earnings Higher— 1950—Month—1949 Gross 1950—3 Mos.—1949 Gross 171, $3,264,136 $813,924 $1,363,042 $318,650 Net from ry. 1458. p. 35,600 26,535 Gross surplus $88,024 ry. —V. Gross Period End. Mar. 31— Operating revenues Operating 1950—Month—1949 $2,608,501 — & taxes- 1950—12 Mos.—1949 $2,298,723 $30,346,280 $27,157,803 1,936,097 1,715,868 23,202,091 $672,404 $582,855 $7,144,189 385,069 5,071,954 $6,039,797 4,191,873 from Net ry. $3,166,066 $3,799,405 284,797' 180,003 *419,496 *433,135 1947 ry. oper. revenues income 660,622 1 Dividends applicable to period stock preferred for the Gross 855,440 780,440 $4,216,514 $3,411,433 ——, —V. Net from ry. 9,414,105 10,136,941 486,867 570,258 *1,344,681 Net 1142. p. Gross from ry. From Net Carr-Consolidated Biscuit Co.—Group to Offer to Buy Additional Stock—Plans New Financing— New ,capital for this acquisition 5 is proposed in company a plan which $2,500,000 additional annual sales, the management May 1. J. B, Carr, President, with friends is prepared to buy up to $200,000 common Mr. Carr Furthermore, additional our his "the to losses program, says, which insufficient acquire proceeding are satisfactorily the a letter to stockholders ry. 477,915 717,716 585,038 651,591 892,023 689,652 1948 such are volume a the will reasonable letter the being additional "with consummated," through be acquisition incurred at of one and the expectation 4.858.428 4,340.421 of 1,482.051 1,594,290 1,462,897 2,053,938 2,128,903 will V be of this company charged on April 27 in a letter to stockholders that David Lubben, "one of the organizers and leaders of the stockholders committee" soliciting proxies against management, Commercial and ry. From $6,105 576 17,895 and administrative other Taxes, Federal than income on Federal expenses.......— income. $6,116,869 216,017 225,937 7,131 taxes. notes - 7,845 330,000 payable -V. income 170, p. —' 131,680 6,616,500 1,352,108 7,590,782 6,852,079 1,227,144 7,893,076 1,294,694 576,553 499,007 400,931 132,537 $2,404,143 371,374 , ■ - railway 89,958 911,307 1458. . . \ 1950 railway..$2,850,671 railway 778.779 income... 1949 1948 1947 $2,834,742 $2,948,172 $2,638,457 787,668 829,993 640,688 292,925 262,984 296,993 323,557 7,953,358 8,124,658 8,275,126 1— railway.... railway—' ; 2,356,501 2,021,475 2,074,026 7,315,701 1,661,503 income / 893,654 691,829 631,923 640,578 1562. 1950 railway™ railway.. 1949 1948 1947 $1,047,013 $561,554) $519,472 $730,540 520,215 120,5621 57,600 247,769 income V 398,065 60,045 15,480 140,053 1,703,742 2,087,062 1,971,021 2,034,442 420,045 622,765 557,693 700,032 232,769 332,371 317,529 385,402 1— Jan. railway . railway...— oper. 171, p. income 1355. 109,375 $5,206,671 • $5,438,712 1950 from Net from Net ry. 1949 oper. from from Net ry. 2222. 1947 $19,353,687 $20,464,036 $20,966,564 $19,402,816 2,803,723 3,241,774 3,719,818 5,264,608 income— 1,042,983 1,427,790 1,191,381 2,278,852 From Jan. 1— Gross 1948 railway railway railway : oper. 59,037,128 8,392,399 53,284,232 5.037,093 *981,618 *493,253 920,987 4,885,192 ,''X"r Financial . 56,911,171 4,354,692 income •Deficit. .• 51,926,781 railway sV 12,164,334 1 Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; President; William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising Issue) with a statistical issue on Monday]. Other St., Chicago 3, 111 (Telephone State 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1950 by William B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y„ under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan* American Union, $35.00 per year; in Dominion of Canada, $38.00 per year. Other Countries, $42.00 per year. William offices: NOTE: Dana 135 On S. Seibert, La account Salle ct the fluctuations in the rates of exchange, remittance for foreign subscriptions and advertisements * 223,304 oper. from Gross 335,000 —104,375 — 1947 397,452 from Net Net 1948 Chicago, Milwaukee, St. Paul & Pacific RR.— Earnings 11,293 $5,864,194 income 1949 income... March— Total Interest states. 9,869,351 1949 $5,846,299 management The Net —V. 1950 consolidated cos. 7,541,422 1— from Net ry. Corp.—Earnings— March 31- stks. of sub com. 4,301,872 \ 486,696 oper. from 1,812,831 income General necessary they on 20.024,183 5, 815,751 . * $2,745,212 Jan. Net Gross 12 Months Ended *'■ Chicago & Illinois Midland Ry.—Earnings— Net Dividends income... March- the terminated." sales 4.331,381 1,284.924 South West '» 52,884,310 $1,592,476 946. Central & '• • 506,854 171, p. 1947 $1,835,907 2,006,094 _ income— ■" •••■ $2,629,158 p. from Gross railway oper. 171, p. Other family already own 95,600 shares. the management because of Negotiations financing stock /under and business, plants The 685,073 952,159 on additional states. 1949 involves of announced from Net —V. / 1947 17,233,676 1950 oper, ry. —V. $1,379,312 4.098.430 : 1948 704,202 from Net Pennsylvania—Earnings— railway- 276,232 165,610 56,570,273 from Gross From Jan. 1— 171, i -Earnings— 1949 * M'.' railway .income Net-from 596,930 *1,815,173 income.. 87,908 Chicago Great Western Ry.- —Earnings— 8,759,617 *1,523,175 railway oper. 203,186 36,960 52,191,074 11,998,499 oper. 171, Gross $1,708,282 railway... 146,148 $2,488,400 from from *237,880 1950 from Net Balance -V. Central RR. Co. of 66,817 1,183,528 railway.... railway.. Jan. ry. 406,852 *111,220 661,077 March— 35,853 1,244,120 13, 933,353 1355. oper. Net Net Net 24,277 1,242,747 49 769,789 from from Net 946. 171, p. 108,125 $3,253,395 *1,275,032 income., V; 1947 $425,496 75,050 1— railway March— railway— oper. •Deficit.—V. 1948 $427,480 ,64,172 , Chicago & Eastern Illinois RR.—Earnings— Net 8,574.152 1949 $442,093 293,798 railway oper. Net Jersey—Earnings— $3,154,930 railway... 21,118,006 442,078 exp. from Net v.v 149,310 •March— From Jan. 1— Carolina Power & Light Co.—Earnings- v 1950 171, p. Gross $483,323 1948 .income.. involved. 1355. Jan. Net 231,065 $86,714 1949 railway oper par live 1,236,740 ^ railway...... p. from From railway... the at distribute 73,304 railway from Net 1562. 1950 from Net Net earnings -V. taxes Central RR. Co. of New underwiring with offered be and railway $18 ,454,640 $19,072,765 $19,183,740 $18,564,629 Net from railway...... 5 936,786 5,548,623 5,957,852 7,338,099 Net ry. oper. income 2 685,378 2,379,764 2,693,190 3,637,300 176,365 - March— to from Gross $32,229,816 $30,890,969 $83,177,567 $85,558,298 28,965,680 30.077,045 81,814,525 85,239,648 earnings Working expenses to 171, p. 142,566 'oper. income 171, Net •Deficit.—V. notification produce Chicago, Burlington & Quincy RR. $890,753 47,355 583,672 *173,634 of stock to 89,625 $170,979 income 517,937 '41,519 income oper. Gross 514.835 railway railway from No $491,928 March- From Jan. 1— Gross from ry. —V. $801,128 35,143 used 1950 railway railway frcm From $137,580 : — Net $2,267,417 367,903 letter a common television. ry. oper. income..: From Jan. 1— 12 Mos. '50 $135,836 income to filed of proceeds Net of $456,687 movies 27 shares the from from Gross Gas 3 Mos. '49 $503,739 $167,030 *24,834 income Gross Net Gross 3 Mos. '50 revenues and March— com¬ sale Columbia. and April on 150,000 share) Charleston & Western Carolina Ry.- -Earnings— ; from North program project promissory notes to its parent System, Inc.—V. 165, p. 2923. Operating Operating *84,055 railway oper. shows Net includes from 3 V\ % Period Ended March 31— Vermont—Earnings- company "per County, Ky. construction finance would gas program extending Nicholas the of to proposes in of 1458. frcm from ($1 Co. construction loop a volumes Transmission about twenty population of 1782. Century Television Production, West Los Angeles, Calif.—Files With Securities and Exchange Commission incor¬ shares area.' 328,752 1950 ry. of 5,000,000 Cincinnati, Ohio, $800,618 March Gross article to 2127. p. Co., Inc. Net the stock common project would increase capacity of the company's system from 191,500,000 cubic feet per day to an estimated 229,500,000 cubic feet Earnings— sub¬ Service Co.—Stock Increased— 26 authorized The company on April 25 asked the FPC to authorize the con¬ struction of pipeline and compressor facilities designed to carry addi¬ tional natural gas to its wholesale customers in the 81,841 Canadian Pacidie Lines in Net $2.94 Kentucky Natural Gas Co., Inc.—Proposes to Expand Capacity— 188,108 income— oper. $2,351,620 $2.97 Central $622,827 railway arilway $2,376,333 SEq' covering 1947 income— from from oh increasing 1948 railway $253,451 171,«p. owned Century Ribbon Mills, Inc.—Notes Placed Privately— Irving Levy, President, on May 4 announced that the company has sold to Investors Diversified Services, Inc., $800,000 of 8-year 4% notes, maturing $100,000 annually. Arrangements for the loan were made by Hayden, Stone & Co.—V. 170, p. 2021. : stockholders $3,000,000 1950—12 Mos.—1949 shrs com. 1, engaged in the genera¬ its distribution and sale light, power, heat and other purposes, serving communities in New Hampshire, with an estimated The From Jan. 1— Net —V. The poration 1949 railway oper. 800,000 on 847. P. 1950 Net Gross $269,244 share per 171, market Canadian Pacific Lines in Maine- „ 552,000 1354. p. March Gross Earns, —V. $175,000 *45,942 From Jan. 1— Net 41,801 July case. directly cus¬ in Middlebury, Randolph, Rutland, Springfield, Windsor, Brad¬ Bennington, Brattleboro, St. Johnsbury and about 180 other in Vermont, having an estimated population of 152,000 30,000.—V. $1,647,135 $18,262,852 $17,179,118 235,253 2,877,939 2,853,223 41,802 501,606 501,606 311,046 pfd. stock on from $183,000 railway oper. 88,714 1949 1950 front Net $1,252,800 —— income Div. Central Illinois Public March— Gross revenue 1950—Month—1949 company to redemptions mainly in the generation and purchase and its transmission, distribution and sale for light, other purposes. The company serves energy heat sidiary, on 1666. p. the of communities close issued at electric power, tomers are the been will be redeemable at the option public offering price plus $3 per share prices descending to $101 per share CORPORATION—Is engaged at had debentures stock and , stock initial made after July l, company which 1959, Through company. $749,000 shares 78,830 of 4.75% the 1960 $920,801 1,500,000 of period. issued of $294,005 dividend. $4.95 a at ,526,733 •Required by order of Public end 1354. p. Canadian National Lines in New . competing bids received for the preferred stock were: Blyth Inc., $100.03 for a $4.80 dividend; Harriman Ripley & Co., Inc., $100.01 for a $4.84 dividend; and Kidder, Peabody & Co., $100.59 & ' ■ . $386,339 stock-_ com. per !■ for stock common .. 23,615 119,568 income oper. • 231,032 railway railway be better¬ Service competitive sale 316,380 income Balance from from will and at $103.25 per share and accrued dividend to yield 4.60%. The award of the stock was won by the two bankers at 120,000 divs— stock of tShares From Jan. 1— Gross program offering 8,000 shares of Central Ver¬ Corporation $100 par value pre¬ ferred stock, 4.75% dividend series. The stock is priced mont The 1947 17,305 railway railway oper. $700,000 withdrawn from current properties. Parsons & Co. $14,279,431 3,398,675 company's j W. C. Langley & Co. and Hemphill, Noyes, Graham, 1950—12 Mos.—1949 $3,533,490 the the Corp.—Earnings— 1950—3 Mos.—1949 „■ for ments $4,061,254 with replacements and of company's outstanding used ; connection of improvements to its physical, plant. The proceeds together with proceeds from the sale of new preferred stock (see below) will be applied first to payment of balance 1354. income— to- time- in additions, 544,195 Central Illinois Light Co.—Earnings— 1-949 v. Co. Noyes, Graham, Parsons & Co. (Jointly), 101.5559; Brothers, 101.516; Coffin & Burr, Inc., and First Boston (jointly), 101.099; Carl M. Loeb, Rhoades & Co., and Blair, > Rollins & Co., Inc. (jointly), 101.051; and Kidder, Peabody & Co., 101.05. Regular redemptions may be made at prices ranging from 105.54% to 100%. Special redemption prices run from 102.49% to 100%. i'or 1950 on & Hemphill, time income— Preferred Cambria & Indiana RR.—Earnings— March sale its bid of 101.93%. on Lehman 381,626 278,933 1948 $519,185 Operating account 555. p. THREE 1949 Non-operating - income- convertible Common FIRST $3,266,935 Period End. Mar. 31— $654,935 300,903 stock. 102.54% and accrued interest. Other $3,354,720 Operating revenues Oper. exp. & taxes— Earns $1,403,391 _ AND 4,199,247 $1,115,684 deductions. at 1949.— 1950 railway- •Reservations $5,314,931 11,915 deductit before etc., MARCH ended $1,391,476 Balance FOR oper.'income.— Bal. Interest, in Other 1950 Non-operating income offices same May 3 Central Hudson Gas & Electric Net $6,237,935 4,846,459 taxes the Central Vermont Public Service Co.—Bonds Offered— Halsey, Stuart & Co. Inc. on May 5 publicly offered $2,000,000 first mortgage 2%% bonds, series F, due 1980, Ry.—Callaway Made President— railway-— •Deficit.—V, Gross revenue expenses with * take ers income— oper. Net 1562. 12 Months Ended March 31— stock. to From Jan. 1— Income Operating Operation compared as % Gross from railway Net from railway compared months shares of seeking ■, EARNINGS California Water Service Co.—Earnings— ... • share a calendar 1949 twelve the 96c or 2021. 60.000 March payment of $646,818 preferred and preference remained a balance of $1,346,947 for common stock, operated p. March— (each of $20 par value); and 1,643,181 shares of $1 par common stock. » On an unaudited basis, the company reports that net income of After 100 "is Corp. 69,227 shares preference stocks convertible 5.60% and $3 Lubben Mr. Merrell P. Callaway, Chairman of the Board, has been named Presi¬ dent, to succeed the late Marion J. Wise value); $50 par ■ Central of Georgia Gross ! Giving effect to sale of the new stock, capitalization at March 31, 1950, comprised $21,500,000 of 3%. first mortgage bonds due 1970 and \ shares presently "V. 31 7. June on the SEC holder of record of a management, pay himself a commission on gross business." Sales of Carr-Consolidated Biscuit Co. for the first 12 weeks of 1950, the management states, have increased 8.3% for all sales offices the part which involves estimated program, of competitive and construction company became ago According to the charge of sales and its subsidiary, Interstate Telegraph Co., for 1950 and 1951. The company intends "as soon as possible" to sell §2,000,000 of bonds at competitive bid¬ ding. The proceeds of the sale of bonds and stock, together with estimated internal funds of $4,500,000, are expected to be sufficient program only three weeks 3 must be made In New York funda 4 The Commercial and Financial Chronicle (1884) the Chicago & North Western Ry.—Earnings— Gross Net Net ry. 1,085,721 607,685 1,159,407 income--- *207,160 *377,842 *362,751 844,102 38,689,334 2,143,922 *1,715,777 40,646,314 42,738,767 39,6*64,773 *711,222 2,027,440 4,411,248 *4,033,500 •2,359,592 Net ry. income— oper. ♦Deficit.—V. 171, The for ' 1355. p. V"*rjV.,'* jV ' Total dated the : v ; by Net proceeds will completion of the rights offering by Cities Service. applied to the issuer's construction program. quarter quarter of subsidiaries of income net 1949 of 1950 showed last year. the for revenues Expenses shares of Toledo Edison common stock will be offered the company at competitive bidding shortly after the 400,00 sale n> ■k -:V'' first the sponding balance to the retirement of an equivalent amount of outstand.ng 3% sinking fund debentures due 1977. Unsub¬ scribed shares will be so>d by Cities Service through ordinary brokerage CildHXl&lS♦ in future financing. flexibility Mr., Crocker also stated that the System's consolidated net income for apply the will and that said greater basis the on at Stockholders also voted to give management the author¬ stock at competitive bidding without first stockholders. Stuart M. Crocker, President, management had asked these changes in order to have ity to sell additional offering it to present Service will own 3,703,410.12 shares of to offer 3,702,000 shares of the stock stockholders , and got stockholders* the discretion of the for management. note heid by T.ie First National Bank of New of its outstanding ment York, 1— railway railway from will 175,855 Jan. from Net management on authorization to issue of the Toledo rec.assification proposed a proposes April 21: asked preferred shares The of one each share of Cities Service stock. subscription price is to be supplied by amendment. Cities Service apply $6,600,000 of the proceeds of the stock sale to the retire¬ The 2,347,658 oper. From Gross 1947 railway.—.— It common. subscription by its common share of Toledo Edison stock for $14,052,601 $14,511,902 $14,988,437 $14,279,819 railway— from from of Cities stock, common new lor 1948 1949 1950 March— given consummation Upon Edison Stock—Quarterly Revenues Higher—» ferred interested persons until May 8 to request a hearing upon the proposal of this company to offer its stockholdings in The Toledo Edison Co. for subscription by holders of its common stock and the proposal of Toledo Edison to issue and sell for its own account an additional 400,000 shares of common stock. has SEC The will until noon (CDT) on May 16 receive bids at Room 744, Union Station Bldg., Chicago 6, 111., for the purchase from it of $4,650,000 equipment trust certificates, series LL, to be dated June 1, 1950, and to mature in 30 semi-annual instalments of $155,000 each from Dec. 1, 1950, to and including June 1, 1965.—V. 171, p. 1355. "'.v.-*'- ,V'<;: vVi'v-VV '■ company to Issue Pre¬ Columbia Gas System, Inc.—Authorized Stock Sale— Cities Service Co.—Hearing on Trust Certificates— Bids to Be Received for Equipment The Monday, May 8, 1950 ... rose the over corre¬ I: $10,048,000 increased quarter rise $50,132,263. to were up $7,811,000 to $39,573,503. Consoli¬ to $3,620,776, an increase of $1,823,000 over quarter. Net income for the 12 months cents ended March 31, 1950, was $14,048,275 the average shares outstanding, was equivalent to There are 14,798,174 shares of common stock now which is 1,345,300, or 10%, more than a year ago. based which, 98 26.9% a on share. a outstanding, be Chicago, Rock Island & Pacific RR.—Bids— will up to noon (CDT) on May 11 receive bids for purchase from it of $3,630,000 equipment trust certificates, series The the company 1950. and to mature in 30 equal semi-annual instal¬ 1,1950 to June 1, 1965. Bids will be received at Room 1136, La Salle Street Station, Chicago, 111. dated June 1, G, Dec. from ments office, company's EARNINGS MARCH FOR Gross from from Net Net ry. 1,714,974 1,396,063 2,046,291 9,594,672 41,656,545 11,240,446 income— 3,401,208 43,827,447 10,477,176 3,603,739 44,915,053 railway— from Net ry. —V. 1,851,606 3,121,401 railway oper. Citizens Telephone Co., Decatur, Ind.—Files With SEC company on April 27 filed a letter of notification with the SEC covering 3,000 shares of 4'/2% non-convertible preferred stock to be offered at $100 per share. The proceeds are for plant additions and conversion to dial operations. No underwriting involved.—V. 171, The * Net from Net ry. From Gross Net railway—- Net ry. •Deficit.—V. 171, 7,631,163 *488,498 ;. income— oper. *375,816 * 7,886,507 7,435,013 • 740,871 1,146,330 *382,368 473,477 176,493 i', : 1458. p. amend shares, by giving the directors authority to provide for a fund for any future issue of preferred stock, and by elimi¬ certain restrictions on the directors' authority to make un¬ secured loans of more khan three years' maturity. to 750,000 nating Revenue operation in miles mi'ess plane Available miles seat Revenue miles passenger Total operating revenues Total operating expenses Other deductions Provision - —.— 3,468 27,000 2,389 (net) income & State Federal for 5,698 2,044,389 61,554,722 28,459,740 $2,703,462 2,636,973 2,218,753 68,457,715 30,216,952 $2,864,180 2,934,506 flown flown taxes— $36,021 *$72,715 Net income for selling additional preferred stock or refunding the preferred stock. With the adoption of these amendments, he said, the board will be 5n a better position to act promptly from time to time as may be indicated to meet the company's future financial reauirements. 77'"77. .'7'';';;7'7.:-' ' v7.-:.77'7 "'7:7""7:7.7 over $83,000,000 for new facilities in the first the company expended over $4,300,000 for addi¬ replacements and improvements in the first quarter of this The company's approved construction budget amounted as of expended "Having postwar tions, year. March craft be of to the for three delivered These 1951. has entered into a contract with Lockheed purchase of five Model 649 Constellation air¬ company made able Lockheed to and the in fall of in two 1950 and the necessary together with aircraft, approximately $5,500,000. Lindseth the Columbus & Greenville Ry.—Earnings— over will cost —V. An advance payment of $1,125,000 has been the remainder of the purchase price is pay¬ 171, Net ry. and loss Net TJnfts $4,949,635 212,214 93,287 51 charges NOTE—1950 official --r and sales Canadian rate of exchange. rentals stated are at the Gross Gross —v. from ry. 3 Mos. End. Mar. 31— Net Cost 826,190 misc. income— 494,128 174,398,816 356,385,290 295,124,009 267,590,196 Crl.075,000 dends 22,147,803 9,475,000 income on before earns, from Dividends 15,459,106 9,550,000 13,650,000 1,961,459 \:;7'':7:7777 7 ^;?77'7.7 13,731,582 14,116,466 20,492,793 4,976,368 805,178 1,009,614 Net earnings Dividends ♦Loss.. 1.782.^90 $1.22 171, p. 1666. strike, the at notes due stock a called have directors A $108 outstanding aiVidend of informed on the of the 21,503,407 and 3,695,878 2,024,733 A 8,702,264 3,263,349 —V. 171, p. on A Class Redeem Jan. ended 25, to be in of $3 May during stock redemption on May 4, and today all other dividend July 1, 14, 8). 1355. a for 30, all 1950, will issue one share of shares of class A stock was May 18, 1950. Approximately 97% each outstanding a share on stockholders to 1950.—V. Gross 1950 from Net from Net ry. oper. From Gross railway-.. railway Jan. from Net ry. $3,431,146 - 1948 $3,235,401 1947 $3,392,411 1,290,956 1,048,640 "i 1,280,876 648,176 591,323 748,158 $2,936,886 12 the at of beginning 1950, 171, p. of 1042. the the of exchange provision for after taxes ; stock common record at the was close voted payable of business on incoma— 954,636 - 521,336 for Net earnings 9.250,211 9,250,211 9,625,844 8,362,618 3,221,534 2,669,514 3,314,259 income— 1,635,207 1,479,917 1,895,983 2,547,132 1,382,114 —V. 171, p. 1355. years company May 2 filed a registration statement with covering 234,856 shares cf its $50 par common stock. The stock is on to be the holders of record offered on for May 26, held. The No underwriting $11,713,000 imburse the net company is proceeds service of as a Executive Scott succeed with member of for capital the one share for Rights each expire financing will expenditures and to three shares July Month of March— Gross Vice-President, W. Allen, the organization. the board.—V. who Mr. 171, on 3 was retire after will Allen, , May be used repay outstanding bank boirowings for construction purposes.—V. 166, to from Net ry. however, will Ry.—Earnings— in part p. 756. were stock Corp.—Stock filed letter of by 1948 1947 1949 $.1,051,172 $1,219,189 $1,160,057 312,120 300,719 $1,001,975 218,282 80,675 152,277 103,295 67,219 income—. Gross Net Net from from ry. oper. 171, 3,397,528 2,899,165 778 846 493 037 770 864 597,101 227,316 110,578 229,862 173,564 3,027.287 railway incc;\ie__. Month of March—from from Net ry. railway railway oper. 3,113,939 from Net ry. —V. income railway railway oper. 171, p 1951 950,000 92,054 772,500 68,793 $1,472,393 ——— purposes.—V. -$1,434,443 171, p. 1356. Springs, Wi&T the of Public Wisconsin Service Commission March on 23 authorized to issue $90,000 first mortgage bonds and $77,000 company common shares stock. Dallas Power & Light Co.—Financing Plans— expected to sell $24,500,000 of bonds through com¬ around the middle of June, the proceeds to be used to refund $16,000,000 outstanding 3%% first mortgage bonds and the remaining $8,500,000 to be used to provide new capital to finance the company's construction program. A registration statement covering the sale is scheduled to be filed with the SEC by the middle of this petitive bidding week.—V. 1783. 171, p. Dayton Power & Light Co.—Rights to Subscribe— Contingent upon approval by The Ohio P. U. Commission, effective registration under the Securities Act of 1933, and the making of an. offer by the company, holders of common stock of record at the close of business on May 10, 1950, or such later date on which such registra¬ tion becomes effective, shall have the right to subscribe on or before May 31, 1950, for common stock, of $7 par value, to the extent of one each seven shares held. The subscription price is to be de¬ for shortly before the offering is made. Exchange directs, subject to the offering being made, that the ex-rights until further notice and that all after the record date as finally fixed by the com¬ stock be not quoted certificates delivered must be accompanied by due-bills.—V. 171, p. 1783. pany Gross 1950 from Net ry. railway—___ from Net ry. 1947 $4,939,011 $4,656,103 1,218.230 1,713,764 1,058,816 1,076,946 730,847 919,227 705,181 723,153 17,252,972 15,312,214 13,204,859 railway— from Net 1948 $6,042,791 2,569,260 4,498,765 4,326,624 2,706,736 income— 1,362,605 2,383,257 2,835,836 1,716,382 income—1— Jan. from Net -Earnings— 1949 $5,045,741 13,394.439 oper. From —V. railway railway oper. 171, p. 1784. — Detroit & Mackinac Ry.—Earnings— Ry.—Earnings— 1950 1949 1948 i 1947 income 135C. Gross from $242,784 $227,079 $154,846 42,610 99,665 96,267 61,142 Net from 15,504 51,941 58,351 30,049 Net ry. €78,036 467,720 Gross 300,754 191,239 Net from 159,042 38,732 Net ry. From 502.87G 703,683 153 843 292.594, 57,874 146,544 - 1950 March— $164,328 From Jan. 1— from with employee 1355. p. Colorado & Wyoming Net an 1950 Dahlberg Power & Light Co., Solon Gross railway Option— notification under stock option to issued — March— ■;i- 260.489 railway oper. Net re¬ the 1355. p. 1950 roil way- from Net Gross 3. common 3 Denver & Rio Grande Western RR.- Gross subscription at $50 per share by of the 704,570 shares of out¬ involved. of the SEC 1950, standing capital st^ck. in the ratio of then to Colorado & Southern —V. Cincinnati & Suburban Bell Telephone Co.—Registers The formeQy Engineering of for comparative •Restated The From Jan. 1— railway- oper. reclassify 1783. Federal income tax State income taxes for Reserve share • 1— railway—„ from Net 1949 Seitz, President continue Cincinnati New Orleans & Texas Pacific Ry.— Earnings to $10 par value shares corporation the which charges, was $1,307,841. of $7.50 1950, Joseph elected 50 March— plan operating revenue $36,134,971 *$35,551,582 before Fed. & State taxes on income. 2,514,441 2,275,736 common work (May a share.—V. 171, p. 16C6. 29. exchange stock A June on date. The stock will be redeemed call price of $105 and the current share. Holders of class A stock will for redemption by formal notice to be that the close of business on class June resumed approved The company is Colonial Stores, Inc.—New President— expected 3 1951-55.—V. 171, p. 1258. Corp.—To for on procedure about or period common 14,921,644 which began plants is May plans to split the presently outstanding 228,636 shares three-for-one into 685,908 shares of $10 par value p. April on $5 per The representing the share, be 10,877,830 company's on Bonds and Stock Approved— Stock—Exchange Offer Extended— 99-Day Strike Ends—i The 171, shares 50 SEC termined at *71,055 Curtis Publishing Co. (& Subs.)—Earnings- $1.10 share International Coca-Cola lS.'W.OSO 4,835,820 tCharged to cost of sales and expenses, *27,309 1356. Quarter Ended March 31— $879,071 802.295 for dividend on preferred stock.—V. company's $10,000,000 2%% 4,651,623 —— 477,600 ! value par Reserve 1949 - ' Barry T. Leithead, President, on May 2 announced that the directors authorized the prepayment on May 8, 1950, of $2,000,000 of the 13,053,396 — paid 56,865 Earnings have extended to — 114.000 52,404 capital stock into 1,250,000 shares of shares of $25 par value stock. Consolidated The 7:7777 7' $1,348,141 1,063,082 — outstanding period has now been retired. Net profit for the first quarter TDepreciation < $2,198,251, $1,512,624 850,110 633,553 income taxes—..— common per The *1,782,790 stockholders $25 the 2,078,711 77^77 7:-:- u.— — shares Common mailed from 478,140 102,819 4,658,809 2,337,536 1,688,179 1950 taxes semi-annual ' subsidiaries— Federal income Net foreign received foreign 18,035,740 < divi- subsidiaries 4,995,071 1,276,953 930,793 1,529,087 , 7V7.. 1355. Provision for Federal class 19,987,578 (est.) 4,100,408 1,754,681 income— before The selling, advertis. and Federal taxes 4,448.266 railway 171, P. Profit engrg., and interest 489,247 95,492 39,029 171, p. The company Cluett, Peabody & Cu., Inc.—To Prepay Notes- 317,041,078 306,426 151,017 191,528,604 401,739,675 336,826,215 317,192,095 service, 716,668 Clinton Foods, Inc. (& Subs.)—Earnings— 1947 - sales Admin,, Net 1948 493.894 income from 500,000 at •After provision ~ *83,705 Community Public Service Co.—To Split Stock— The 787,625 665,119 subsidiaries) income of exp. S. 190,702,414 401,245,547 336,519,789 and Total U. 1949 1950 sales Int, wholly-owned 26,771 railway authorized $1,613,047 744,009 ; ; 1— oper. Earned all 21,269 railv/ay oper. ♦Deficit.—V. Gross Chrysler Corp.—Quarterly Earnings— and $1,684,699 Three Months Ended March 31— company, operators of a chain of restaurants concentrated in York, and Blum's of San Francisco, candy makers, are consider¬ ing a merger, it was reported on May 3. • .... The executive committee of Childs Co. was expected to discuss the merger at a meeting last week.—V. 171, p. 1666. *64,402 17,399 $171,232 1947 , This (Corporation 782,428 railway from from ry. 1948 - $1,342,783 380,749 258,153 835,404 income— 7 Jan. Net 1949 ? \ New from Net of $1,834,338 railway railway- oper. Net 7 ' Merger Probable— 1950 from from ry. From new , , , 54,062 Clinchfield RR.- -Earnings— 1949 $4,642,906 rentals after for income net of six cents per common share 12 months ended Dec. 31, 1949. $180,599 45,320 From Jan. 1— stock.—V. Net 1950 operated. . increase 1950, share of $177,153 income— oper. 1947 1948 1949 1950 $186,056 44,'iU3 railway railway from 31, 7;;.:V,..777:.-77. 1355. p. 12 was an was company's the Net Loss— 3 Months Ended March 31— Sales inccme net This stock. March— (& Subs.)—Reports from Net which Cleveland, plant in power months ended March $9,852,744, or $3.12 per the for reported company's common Gross Childs Co. first Month of March— Gross provide the company with 150,000 kilowatts of new generating capacity, will be completed in 1951. Plans for more additions to the company's power plants and other facilities are on the drafting delivery.—V. 170, p. 1696. upon the higher increase in company products quent will the spring spares, Kayser, President on April 28 said in part: for Net $63,700,000. to the Lake Shore over addition "The Mr. Corp. Crocker Mr. program. quarter of the current year, 1950, have been than for the same quarter of 1949. The conse¬ operating profits was good. The movement or has been highly satisfactory in all categories except in the case of natural gasoline. While it is too early to make outright \ prophecy for the full year 1950, there is good reaSoa to expect continued sturdy performance."—V. 171, p. 1259. "Sales boards." Aircraft $17,500,000, construction substantially years, to 31 ex¬ Crocker, President, said retire $14-.000,000 of Columbian Carbon Co.—Sales Show Gain— planes four •Loss. NOTE—The of present 1949 1950 5,749 Stuart M. 20. has no imme¬ that the company said President; Lindseth, L. Elmer 3 Months Ended March 31— held sinking diate Chicago & Southern Air Lines, Inc-—Earnyigs— Route April 25 approval was voted to the company's articles of incorporation by increasing the of authorized shares of serial preferred stock from 500,000 meeting stockholders' the At about June held debentures due 1971. said, will be available for the It is presently estimated that the system's total new money xequirements for 1950 will be $26,500,000. Accordingly, after the sale of this issue of debentures there will remain approximately $9,000,000 to be provided by some form of financing later in the year.—V. 171, p. 1666. l7/a% system's mortgage bonds, the proceeds to refund outstanding bank as of Feb. 28 amounted to $1,200,000.—V, 171, p. 1355. Cleveland Electric Illuminating Co.—Stock Increased— 25-year the the sale of $110,000,000 of the proceeds would be used to serial debentures and $77,500,000 of 3'/s% Balance loans which number 6,965,666 471,666 railway railway April 25 announced that it plans to issue and sell on authorized $92,500,000 Carl E. $2,685,547 548,181 V 219,330 $2,709,287 318,829 *39,149 1— Jan. from from *280,473 income oper. $2,732,607 287,182 *4,794 company additional 4 present be to May on competitive bidding subject to the approval of plans, competitive bidding for the issue is at Under pected 1947 1948 1949 1950 $2,367,135 78,284 railway—— from » Citizens Utilities Co^—Plans Refunding— Chicago, St. Paul, Minneapolis & Omaha Ry.—Earnings March— 7;." V^/7.7" 7!.-":7 555. p. Large Debenture Offering— directors The debentures The 171, p. 1783. Gross 1666. p. 5,188,379 1— Jan. from Net 171, 50% Plans are 29.—V. May Gas of gain SEC. 41,859,058 9,850,285 income— oper, From Gross Columbia shares has been fixed at $9 per share. The subscription to be mailed out May 10 and the offer is to expire 3,702,000 warrants on $15,533,668 $15,633,472 $15,731,648 $14,769,437 4,361,952 4,337,817 3,783,951 4,253,457 railway railway of 1947 1948 1949 1950 March— MONTHS THREE FIRST AND pointed out that the amount of capital invested in. System properties has increased to $359,000,000,' a in slightly more than four years. Earnings, on the other hand, have incieased only 5%, he said. Crocker Mr. Toledo Stock at $9 a Share— The company on May 3 announced that the offering that the offer¬ ing price of Toledo Edison Co. stock to be offered share-for-share to stockholders of Cities Service Co. of record May 4 to the extent —V. railway railway oper. railway railway oper. 171,-p. 1948 '$151,551 $157,399 44,689 4P 242 72,790 56,183 29,044 24,411 44,294 29,024 367,156 431-895 502,191 384,005 102,383 130.955 217,289 168,162 70,600 81,327 130,175 97,230 1947 $129,314 1— Jan. from income— 1949 $135,447 income— 1459. ' Number 4905 Volume 171 Net oi soid- products profit Operating earned Interest : 1949 $8,611,734 16,t>88,379 605,697 6,118,770 395,106 $2,097,858 22,277 — — income-— miscellaneous and Federal Net taxes profit ♦Earnings share per are first the time Division and its first the for statement NOTE—The the $1,369,737 $1.16 $273,463 of 1950 for includes results of the corporation's Portsmouth wholly-owned coal mining subsidiaries. Improve Portsmouth Plant— —V. 171, at this for equipment installed be 751. p. $5,967,355 $5,286,933 Operating expenses. 4,807,061 4,717,779 4,813,470 4,173,774 $1,200,031 $1,196,366 $1,154,385 $1,113,159 164,355 154,912 150,994 129,862 $1,364,387 $1,351,278 $1,305,379 $1,243,022 331,547 320,847 282,473 254,389 391,000 391,000 404,000 393,000 $641,840 $639,431 $518,905 $595,633 $1.01 $1.01 $0.97 $0.92 $25,552 $138,521 $114,758 2,370 50,050 66,369 Miscell. $27,922 $197,571 $181,127 Total 4,710 4,735 56,897 45,410 $17,943 $23,187 $140,674 $135,717 $2.13 —V. 171, P. Amort, 1260. Net March— Plans the introduction of a newly designed series of truck revealed by George H. Hammond, President, at the annual stockholders. for models was meeting of models new be to for ready company's the of light and medium shortly. extensive They line of production present heavy duty will Hammond would new stated that bel'evcd he introduction of these new greatly truck design.—V. 169, of and 171, Net ry. 334,163 4,307,951 4,697,803 4,163,642 3,680,843 Net irom Net ry. 1,725,U46 1,776.063 9G5.331 Net from 859,769 2,2/2,682 1,207,605 1,796,086 income- 067,185 Net ry. 332,975 Net ry. — 9,251,371 9.441,767 2,748,133 1,436,751 '2.715,663 1,529,560 ,874,586 ,708,958 534,1/7 8,843,470 1950 1949 1948 1947 $773,947 $591,591 303,363 111,329 $632,805 313,850 03,412 $612,895 1,796,314 847,195 364,033 1,891.137 for Corp. railway2_ZzZz.:' Gross Net Net railway- irom ry. Jan. 2,819,503 income.—,. 1,5-0,077 V:// ;:Z '//:///'/////•:.: cash its and Net ry. —V. 1,914 832 930,891 income— 325,976 oper. 171, 141,696 359,576 1356. p. Fort Worth & Denver City it it proposes G ress President, Fairburn, G. has announced that Howard F. IIol- the office Chairman oi the Bbard and Treasurer, has relinquished He will continue as Board Chairman. rnan, from Net ry. —V. $1,042,968 223,578 123.309 192,688 98,433 45,172 3,236,247 2,834,765 5' 9,252 627,085 590,554 224,619 270,684 stockholders 307,813 1,228,840 , 668,065 formerly Vice-President and V.ce-President. Douglass Ilall, W. Assistant Treasurer, NetNet ry. ♦1,335.484 raiiway ♦1,419,932 income— opt r.. 1947 19-18 $910,483 *330,5'. 5 ♦1,032,571 $317,723 railway— from from 1943 1950 Month of March— Gross $359,773 ♦1,1.34,124 $293,625 ♦1,262,869 *1,004,083 ♦921,006 From Jan. X—• N-1 797.112 rniiway/i— income— oper. ry. 1,425,490 ■778,332 718,679 *4.073,583 *3,653,113 *3,350,893 *4,353,800 *3,87*3,639 =■3,877,529 *2,698,472 *2,934,858 railway from Gross Net irorri 171, ♦Deficit.—V. Net profit Net profit 23,485 ,v $420,006 $9.64 —V. 170, of quarter 1350 General American Transportation Corp. March— Gross Net ry. 1349 1948 1947 $544,739 $457,233 112.313 74,480 16,433 *17,098 •,1'* 70,084 62,733 24,027 1,405,933 ., . ' income-- oper. From Jan. 1— Gross 1,342,945 1,436,097 1,206,731 railway.—— 136.177 *40,207- 228.028 134,803 income— *11,412 *171,727 91,369 19,i}69 railway from Net from Net ry. oper. •Deficit.—V. 171, 1459. p. the sale of $8,586,000 equipment trust certi¬ ficates, series 46, to a small group of institutions. Of the total, $4,320,000 was delivered on Dec. 1, 1949, and the balance of $4,266,000 principal amount on May 1, 1950. The certificates will mature serially in quarterly instal¬ including Dec. 1, 1869. Maturities to and including Dec. 1, 1957, bear dividends at the rats of 2%% the balance at a rate of 3Vx%. fail way from Gross Net ry. railway—— from Net 'income oper. $317,300 $477,969 $335,100 34,661 $360,300 106,419 16,917 — to and ments covered by the trust consists of C09 refrigerator The new equipment 1947 1948 1949 I960 173,700 Kuhn, May 2 announced that it has negotiated through Loeb & Co., Duluth, Winnipeg & Pacific Ry.—EarningsMonth of March— Equipment on qumulative, "rim/"V r* rw-f'.. is " the of that amount/ The $15 payment is 1 As &•'result ;'e " th./ two payments, reduced to $31,50 per -share ci/ .July 1/ 19/0.—V, J70, * , 4 / $F50 quarter, per quarterly payment be (& Subs.)—Earnings— / ///'';/.'/' ■/;/// '• /' Ma.%.25,'53 Mm 26/49 /sales/.//„/-/'//^u_-_:_^_-.^/__/^/;_/^^l/-/M'' ■ a.7,ST \123 $7,372,15 / Operating co/its and expenses-—;. 6,e/9;33t 6,434,072 . Net, operating Other Prov. . . income and Canadian Fed, 15,€09 Pr205 $1,429,393 taxes-. $937,080 Income 336,645 Earnings per 27.133: declared/---,: "$1,33 /■// Georgia & Florida RR. Earnings— 1750—3 Mos.—1949 3950—Month—J P49 $255,200 Period End. Mar. 31— $639,854 634,861 $709,317 750.123 $9,020 $4,993 ♦$40,806 *25,783 *78,423 *140,195 $217,930 oper. revenue Ry. oper. expenses—— 220,356 246,180 Net rev. from ry. oper. *$2,423 •20,827 income oper. 402,607 share common 40,902 ■ 402,807 '$2,08' outstanding 171, p. 1148. ry. $573,027 taxes— Py. Net 364,853 £8':9,753 dividends shares Common $933,985 $7,410.7-'9 —---u. expenses)— income/:-— Preferred —V. of before income for income.-- (net income N"t tank cars and 23 hopper cars.—V. 170, p. 2331. cars, 338 vnyaKe Net Trust Certificates Privately Placed—The corporation on $451,163 1950 $524 169 73.411 .../.v/, . railway—— railway,/ from Net/from — sh/rc, Genera! Time Corp. Net DuSut!i, South Shore & Atlantic Ry.—Earnings— Castings Corp.—De/larcs Two Divs.— on- b» pre¬ May 3, 1950, declared t^'o A special dividend of $15 per 12 Weeks Ended— 1353. p. of 1rr 1698. were 1698. p. on viz.: awteafs will $683,934 $1,04 about.12%'; lower than those for the first quarter of 13.43, primarily because in the first quarter of last year the company shipped a Mifcstahtial part of its backlog of": orders: for-'.repair ;partH^-.'.:Net sales for the .current quarter, however, wore 7% higher iliaii thoie lor the last quarter of 1949./ first increase the j appUcabie : wholly against /arrears 24,500 ". —. stock _• —J//— shr, i656,C4f s.irs. outstdg.) the for propcal/t , rate $708,484 "common for per com. rales Net a 15, 1950, to stockholders of record /on , W'/j* '"-IV;. »rid ;,a*. dividehd of $3 per share, payable bn July i}. l£50, ' to rstor,!:h.cldcrs of record on June 20, 1950. The preferred'sto fe/nas a rcgutar dividend 1949 /$4:43,49i after '.provision-;for Federal taxqs;.— dividends Preferred Durmk, lilissabe & Iron Range Ry.- -Earnings- stock, ferred seventh 1350 Quarter Ended March 31— Net profit approved 22 Jurie Gardner-Denver Co.—Quarterly Earnings— be¬ Tieasurer.—■V, 171, p. 1734, Secretary and comes and< Assistant Treasurer, formerly Secretary DeGroot, directors The 1357. p. April on President, Greene, General Steel 3,974,120 rai!way has been elected Financial Ward L. 91,420 3,321.545 railway—.— oper. income— 171, to .. ' $950,071138,949 $1,188,155 from Net license '/'/'Trhe'ficoinpan'y-^ recently announced, p'ahs^ to 'rcq/ire Americau-Austvlan Magnesite Corp. at a total co^t to the c.un. a.r/ oF approximately $3,060,000, which will he paid out of working cap.tat. Ii the\acquisi¬ tion, is completed, the company expecti to r Lub/.ru.a-.worhi ig capital. to the extent of $1,000,000 from additiona... I .a/ii t '.er/.oy increasing outstanding indebtedness to $6,OCOjOOO.-^V. *71, p. of Treasurer. A. the to $9 060 769 from $3,000,000. announced that the c.mpany has made ar¬ rangements to retire S4,666,000 of "S'A % notes/ dee Mcy 1, 1963, and to issue up to $6,000,000 of new SVi'/o notes to mature Feb. l, l&6a, of which $5,000,000 have been issued. ' ,/. . . 1947 1943 1949 $1,222,003 _ the company u- d .procured and as¬ agreement for the electric radiant heating develop.- The underwriting, .of the stock issue a "best efforts" basis.—V. 171, p. £73. organized authorized indebtedness of the company F. •From Jan. 1— in Personnel— Diamond Match Co.—Changes Robert Redemption—- 391,915 railway Net from railway— Net ry. oper. income warehouse, ad¬ General Refractcries Ca.—Debt Increase Authorized— Ry.—Earnings /; :1950 . from been the of the financing shares of stock issued t ) Mercer Hicks Corp. capital totalling 722,577.23. Mercer Hicks 85,000 officers by Mercer Hicks is on of March— Gross Englirh electric radiant secured .American and ,480,175 due Dec. 1, 1365 at 103// plus ac¬ crued-interest Payment will be made at the of lice of J. P. Morgan & Co., Incorporated, 23 Wall St., New York 5, N. Y.—V. 109, p. 1882. 366,533 railway— railway-—— from Net 351,811 an has company contributions to its to .'3.S/ 1— from Gross 143,479' income-— oper, Prom 408,351 railway from total A the system ; $35,000 first mortgage 8%% bonds, have been called for redemption on/ June 1, next, 1,704,016 1,011,569 323,098 March— parts of "The company feels that the stage has present public financing i.y order to enable signed Fort Street Union Depot Co.—Partial RR.—Earnings— the which for outstanding now 444,703 The Detroit & Toledo Shore Line established component to commence full scale operations." Proceeds used to the extent of $220,500 for plant and be 796,930 / 1— railway oper. 535,050 1,148,483 —V. 171, p. 1557. 1356. p. from Gross 1947 $2 ,935,873 $3,411,000 1,026,516 income— oper. for purposes to the pro pectus, arrange¬ companies for the manufac¬ According with made rights. reached the for vertising, salaries and expenses, rent, supplies and services, and re* search and development, and $187,500 for working capital and reserve. A. Albert Minton is named as President and Director. There are $3,367,263 > 974,621 567,836 $3,211,371 railway From Jan. railway— oper. 171, __ railway— 1°43 1949 1950 from from 1— Jan. from —V. income- oper. From Gross March— Gross Net installations. necessary system 1949, September, in business of developing, assembling and selling heating systems, electric radiant heat appliances company Florida East Coast Ry.—Earnings— $1,259,569 609,745 643,755 Inc.—Registers With SEC a y organized the been the of heating 1459. p. filed 3 York. was radiant space have Canadian $2,321,784 $2,309,721 $796,209 $785,362 Sales May on New in specialized ture 1950—4 Mos.—1949 1950—Month—1949 of company electric (M. H.) Fishman Co., Inc.—April Sales 1.4% Lower— $1,402,023 559,647 295,276 $1,548/737 — railway.-— Corp, engaging ments Period End. Apr. 30— 1698. corporation The to in 905. p. share- com. p. registration statement with the covering 170,000 shares of common stock, par 25 cents. The stock is to be offered for public sale at $3 per share, with a 60 cents commission to the underwriters. The underwriter is Mercer are expected addition to the in taxes General Radiant Heater Co., The units. increase Federal's present sales volume due outstanding and exclusive features to be incorporated many the raiiway_Z._ from : inc. SEC class be duty per 170, Hicks Mr. $1,469,276 006,011 309,506 railway- from Net for prov. profit —V. will Gross and Earns, 1947 1948 1949 1Q-n — Prov. for Fed. Federal Motor Truck Co.—New Truck Models— RR.—Earnings— & Ironton profit retirements —V. Detroit, Toledo (net)— income $2.05 share per Divis.on, Portsmouth its 1947 $5,914,145 4,529 -C; from gross inc. the corporation's new hot strip mill Portsmouth, Ohio, will be supplied by General Electric Co., it was announced recently. This wiil include a.l electrical components for a two-high reversing roughing mill and a four-stand tandem hot strip mill, as well as motor-generator sets, auxiliarv mctors and controls, power distribution equipment, etc. electric The to 1143 $6,007,092 $18,124 - (net) income income Net The quarter operating two 1949 revenues. Quarter End. Mar. 31— 162,306 184,519 income— models To i 1950 Operating $1,914,329 1,799,571 $187,858 income oper. Deducts, 1949. March 31, the three months ended for Net Non-oper. Earnings stated on common s.ock outstanding at March 31, 1950 and 896,504 shares out¬ standing at March 31, la49. Stated on the basis of 1,185,793 shares of common stock presently outstanding, per share earnings were $1.10 ♦Earnings Inc.—Earnings— General Outdoor Advertising Co., 1950—12 Mos.—1949 $1,897,750 ' 1,759,229 $202,643 ____ and taxes. Oper. exps. 799,000 $1,302,772 $1.45 $104,077 the basis of 1,185,793 shares of ——- — — Co.—Earnings— 1950—Month—1949 • $22,653 revenues revenues 6,394 830,000 —h share-————-——. depreciation-, ~—_—.- per for Provision $2,108,166 44,714 deductions—— on income (estimated)—— etc., Operating Gross $2,244,451 Interest, Period End. Mar. 31— 5 10,308 - administrative and Selling ___ - 1950 $19,516,250 $2,222,174 ' sales Cost Fall River Gas Works Subs.)—Earnings— Detroit Steel Corp. (& 3 Months Ended March 31— (1885) Chronicle The Commercial and Financial .. . •Deficit—V. 171, p. 105,379 *34,023 73,753 40,343 912.009 1.234.409 912,200 General Electric Co.—To Repay Last of Notes—, 1459. Georgia RR.—Earnings— ■ railway railway.:/—— '* from Gross Net from Net ry. , income— oper. _ 171, p. *Defie.t.— V. May 3 announced that on July 3 it will repay the remaining $42,500,600 of its . 20-year 2.55% notes due 1964. The The 1— From Jan, 942,009 ; 134,838'* * *66,257 ///■/' 1356. 122,157- 441,543 < 245,319 •54,887 145,830 1 62,628 ■ The Co.—Earnings— Period End, Feb. 28-r- Operating revenues Gper. exps.. Utility Other 339,855 $473,983 332,857 $5,882,121 4,332,184 $5,485,003 4,128,273 $144,805 $141,126 $1,549,937 $1,356,730 1,474 311 18,328 34,979 $484,659 and taxesincome- oper. (net)— income 1950—12 Mos.—1949 or move $146,279 income Gross income—:—-— Net Preferred dividend $141,437 $1,568,265 $1,391,703 22.906 12,480 230,025 160,540 //;. deductions Earnings share—281,994 pc-r, $1,231,168 67,500 $1,270,740 clear the company sion Net Net 'V from from ry. railway program/interrupted by the Wilson, President. are continued, Net ry. —V. 1,777,833 1,825,569 803,727 774,295 1943 $3,664,598 1,322,326 503,313 1,403,462 598,128 12.182.735 10,788.193 5,033,641 income— 2,048.727 2,164,712 3,759,369 1,253,007 3,607,320 1,394,123 Net ry. was producing generating "to meet the steady equipment growth in at record power rates," he both in needs, Trucks 30,390 199 1,017 24.986 46,533 * 202 32.140 ./_ / —— from Net ' ry. Net from Net ry. —V. railway- 447 ' from Net ry. railway— oper. 171, p. income. 42,332,538 35,723,833 7,461,066 10,014.057 7,154;713 3,413,330.,: 3,061,469 4,011,538 2,532,298 7,555,513 1568. . .9 * •* ' "•/ 139.379 58,740 2,Oil,425 2.C./3,9?2 1,974,105 284.1 "*5 0" 401 106 295 232,376 222,883 o2,93l railway — ' 64,874 66,263 1,834,221 1,561.690 669,474 572,662 545,7^3 385.543 146,968 171,7/6 171,013 134,77^ railway—/income 7,614 25,562 37,716 399 33,565 1,310 5,594 36 068 11,493 of 4'/2 7c 3,396 2,809 13.153 10,206 251,363 1,184,876 822,055 —V. 171, p. 1148. / .// ■■'.'•"/-= GlatfeRer Co.—Stocks .■/•/ Offered—Offering of made April 25 by & Co., Ire.; Blair, Rollins Co., Incorporated; and Hemphill. Noye«, Graham, Par¬ & Co. The offering consists of 20,000 shares of 4V2% cumulative preferred stock at par u50 p^r share) plus accrued dividends, and 70,000 shares of common stock (par $10) at $15 per share. 8,923 304 313,909 — : sons The 57c — 165,584 & 9,845 Passenger 1947 $576,855 209.501 1,896,325 ;-:;//,■■'•// ,/•• ■/',:,.m,./-//./;, railway II.) 1M3 $ 576,219 1,913,055 income- Union Securities Corp.; Stroud 35.518 Coaches /•'/' r4i $723,9^3 314.185 117,531 oper, (P. arnmgs— 1950 $663,973 215,018 29,351 - two stock issues of this company was 86,505 126.842 28,346 GM of Canada— offering being is made share of 5% preferred for one share of plus 3Vfe shares of common stock. The each preferred expired at to prior rights cf holders of who lm"e been ot'mred the privilege the new subject cumulative first preferred stock exchanging 3 p.m. on May 1, 1950. exchange the 5% preferred about May 8, of Anv exchanged will be called for redemption on or 1950, at $102 plus accrued dividends. The new 41/2% preferred stock is redeemable at the stock not n . option of the at prices ranging from $52 per share rn or before May 1. 1953/ to par for stock redeemed after May 1, 1932, plus cumulative company / , General Public Utilities Corp.—Loan Authorized— The 37,790,361 93,744 . . railway oper. Net 182 — Total 35,138,483 1357. from Gross 125.516 169.397 railway— from F -,,0.34 . 124.576 1,892,299 251.4 *9 209,041 income From Jan. 1— / 8,925 —— —— Trucks From Jan. 1— Gross p. from Net 7,620 _ Buick Cadillac 1950—4 Mos.—1949 474,088 282,600 150,C53 151,180 145,297 89,561 36.571 38,211 Trucks 1947' 1948 1950 1949 ,/ railway— $13,061,445 $12,854,983 $15,011,393 $12,820,204 2,813,254 2,558,502 4,077,170 3,324,025 1,061,840 Net ry. oper.: income. 1,762,888 1,080,043 .1,593,028 railway-/— railway..-- oper. 130.07 3 , March— by Divisions— 1950—Month—1949 125.052 98,455 __ irom from 1— 1947 $679,683 $733,423 $745,043 Georgia Southern & Florida Ry.- according being planned, 41,793 Old.smobile 1356. March— from: from ry. offer Net income oper. Net Gross General Motors Corp.—Output Erie RR.—Earnings— Gross railway—/: From Jan. Gross 1" A'i i960 ./ $701,393 '/// 137,558 1 126,096 railway— —V. 171, p. 1357. 9,503,075 4,630,603 p. war, GMC Truck and Coach— 10,922,430 .from —V. 171, and the home. Other new facilities have enabled us to play an important part in the electronics and chemical industries, two fields which have expanded tremendously since the war."— V. 171, p. 1784. 1947 $3,457,534 railway—— oper. 171, $4,217,887 railway—— from Net $4.028,975 debt; leaving no obligation industry Pontiac—Passenger 1— from Gross — income— oper, From Jan. 1949 1950 railway—— all to Charles E. Trucks March— Net company's facilities now provide employment for more than 160,600 persons, double the figure in prewar years,, when the expan¬ Chevrolet—Passenger Gross from Net of its common stock. Period End. Apr. 30— Elgin Joliet & Eastern Ry.—Earnings— Gross The $3.05 shares. 1260. 171, p. will $1,163,668 $3.33 /Balance applicable to com. stk. and surplus—V. $1,338,240 67,500 $128,957 $123 13,373 requiremen ts in five- financing consisted of $50,000,000 1948 the security ahead of "We Income of bank loans, which were paid off. This 1950—Month—1949 ___ remainder ' March— cn loan, originally totaling $150,0/0.000, was obtained .from insurance companies as part of a $200,000,090 financing program arranged in 1346 in connection with a postwar reconversion and expansion. year El Fa?o Electric company a corporation $4,000,000 Electric sale of ■•p. 1563. Co., cash out April 26 received SEC authorization to make capital contr bution to its subsidiary/ Associated of the. common / * »»:>?. dividends in each the proceeds realized. by GPU from its recent stock of Staten Island Edison Corp.—V. 171, i -. •' ; » COMPANY—Is the outgrowth ;r' ' case. on of o-iginally business a established engaged in the manufacture and s?le of chemical wood pulp papers, including boik. bond, writing, mimeograph, tablet and lithograph papers. In 1947, the company commenced a major plant in 1864, and / is / ,u .• •; - . ' • •• • *- 7H' -,,v Ml ,tV -V f . !•:'' $ The Commercial and Financial Chronicle (1886) the mill, so that the €0,000 tons of paper, capacity now approximates productive annual V v income net a of $692,313, which compares earlier. year ' ":■% First Common stock $216,000 which "Of $10)——■. (par as crrrent a Net - 20,000 shs. 220,000 shs. 120,000 shs. 300,000 shs. — carried is by liability determined as the board of directors. by ' UNDERWRITERS—The them of names the from company are as Securities Union Corporation. A ' —_ 220,222 116,508 ——— $292,653 $356,243 ; paid $214,102 37.667 90,000 Common Earnings Central 30% 30 20 20 Company. Incorporated— Hemphill, Noyes, Graham, Parsons & Co Blair, Rollins & Co., Incorporated 1460. in Par and Split- Gorham Manufacturing Co.—Change Harrisonburg Placed Co. Telephone (Va.) 90,000 $C.49 Bonds — Farwell. Life Benefit approved 8 Co.—V. Insurance 170, a 2129. p. stockholders The the of stock to be new This change ment issued on before or May has been directors.—V. postponed the to meeting May of board the of 169, p. 5. placed issue The corporation for A, made 27 value par application stock common $50, in and the convertible 674.865 would shares common issued be preferred, is proposed of shares invite tenders to additional business $0.82 at liquidating share a SEC .1950, to the on the to of The exchange Dec. issued an the 31, plus order 72,299 stock computing March— from Net ry. railway railway until May 9, 171, p. 1568. 1949 f 1947 1948 $3,923,000 $4,147,000 $3,905,000 1,285,560 651,236 661,071 996,535 918,326 394,294 234,418 Gross Net ry. railway.—J railway from —V. 11,963,000 2,148,428 1,591,979 1,516,389 2,120,448 income— 1,074,781 654,345 193,163 936,774 oper. 171, Net rev. from ry. oper. 11,453,000 10,557,000 11,853,000 redeemed ing from New England Electric System, for a cash consideration of $350,000. proceeds would be used in part to pay off a $298,000 note and the balance would be used for construction purposes.—V. 171, p. 557. Great Northern Ry.—Earnings— March— Gross Net 1950 from railway- railway oper. income,. ry. From Gross Jan. ry. 1947 $13,054,368 2,737,333 1,990,901 to 57,365 996,681 214,954 150,933 41,471,049 43,034,497 37,688,565 126,189 1,769,507 5,719.796 4,641,304 *5,018,963 *3,183,884 406,867 756,704 38,854,137 income,. oper. "Deficit.—V. 171, p. - be are estimated will be March— Net ry, Gross 1943 1947 $324,335 $281,650 66,755 115,052 61,023 21,639 49,221 53,Gly from Net ry. 863,549 916,780 750,109 287,719 200,666 298.312 215,353 134,503 — income— oper. 171, 896,505 57,673 101,797 95,675 1358. p. CAPITALIZATION, March- Net 1950 from Net ry. 1949 1948 1947 $6,119,558 $6,266,620 $6,537,605 $6,111,454 1,462,651 1,384,600 1,502,092 1,511,352 income. 605,928 570,200 559,036 544,013 oper. From Jan. 1— . Gross Net from from -Net ry. *—V. railway—.. — Income. oper. 171, 17,195,789 18,599.974 3.832,930 19,179,859 17,383,264 4.353,557 4,234,240 1.565,007 for transmission the line properties Marianna, owned of Fla., hearing upon applied to the SEC for authorization to a 25.71-mile section of a 110,000 volt by Florida Power Corp. The line connects both companies and extends easterly from substation of Gulf to the vicinity of Quincy, The SEC has given a Acquisition— on April 28 $128,550 cash, company the interested persons until May 12. application.—V. 171, p. 1950 the Fla. to request 1784. Gulf States Utilities Co.—Seeks FPC Approval— The company on April 27 applied to the FPC for authority to issue $13,000,000 in 30-year first mortgage bonds. The bonds, to be dated as of June 1, 1950, would be issued on or about June 13 and would be series 27/e % due series 2%% series due June 1, 1980. proceeds are to be used to reimburse the company's treasury in part for construction expenditures heretofore made and will provide the company with a portion of the funds required to carry forward The tts 1950 construction Information cum. FINANCING PRESENT TO resulting from interest competitive rate and bidding the 107.248 166,603 156,431 2,545,806 3.091,877 2,780,360 663,055 897,207 886,491 142,143 income—_ 2,946,330 363,538 railway railway oper. 324,058 40.9,170 405,937 Inland Steel Co. (& Subs.)—Earnings— 3 Months Ended March 31— and sales Cost of Interest for due stock of 171, l, par issued M, of $1 value par cash.—V. share, April on commenced its common stock 7 share per 171, p. bonds above, of or sold Co.. names the and of the respective them are several 2,156,406 shs. other series, may 1,830,000 amounts Co._: on Parker & 400.000 : ___ Hallcwell, 5 and cover¬ to have Morgan withdrawn- been — Wailing, Telephone Co.—Stock of one share for each two shares held, new subscribed for by Southern Bell Tele¬ were The said 9,524 shares, plus the unsubscribed shares, 4,821 publicly offered at $11 were May 1.—V. 171, Lerchen 130.000 & Co. 130.000 Inc per share on 1261. p. 1350 from Gross from Net ry. 100,000 Jan. Net ry. $2,460,693 297.209 403,546 296.200 175,797 "31,409 103,699 7,995,300 1,857.981 7,763,193 1,233,996 3,069.937 1.035,052 6,942.278 940,373 454,337 170,674 93,527 income income-— oper. 171, 1947 $2,712,555 440,145 1— railway railway.— from Net 1948 1949 $2,627,692 577,538 — from Grq'ss RR.—Earnings- . $2,677,538 railway railway cper. From & — Subscriptions— common by other stockholders, including 9,524 shares by the Co. Rights expired on April 26. 230,000 Sulzberger dividends by Merrill 171,072 for shares placed The by shares April 45 of exchange 1950. 6 per percentages of expiration the included at in the the shares of $51 the at preferred the stock offer preferred per share. The addi¬ exchange offer) and of 4.08% quickly placed share). names' of cumulative 4.70% underwriters (not were cents at the unexchanged the UNDERWRITERS—The respective April underwriters headed by Courts & Net The Ohio Company 880,000 accrued 19, of on . 985,755 1353. p. Details of 100,000 concession SEC & International Great Northern 880,000 Co. deposited were has March— $880,000 Lynch, Pierce, Fenner & Beane and Associates, 200,000 shares were of¬ fered to holders of the 200,000 shares of 4.70% cumula¬ tive preferred stock in exchange on a share-for-share basis, plus a cash payment of $2.14 per share by the company to shareholders making such exchange. All shares of 4.70% preferred stock not so exchanged will be redeemed on May 25. tional the (par 10 centsi which were Industries, Inc. through Oils Calif., Angeles, Los the basis of for Offering and Plan of Exchange— Of the public offering on April 6 of 300.000 shares of 4.80% cumulative preferred stock (par $50) at $51 per April with of account bonds of Inc Auchincloss, Redpath Loeb, of the phone & Telegraph Co. and Chesapeake & Potomac Tele¬ phone Co. of Virginia and 47,403 shares were subscribed & Hutton 880,000 Inc under- principal principal follows: as Schoellkonf, Pomeroy, Beane and for offering of 12,500 shares to the public at $4 per Corp.—Statement Withdrawn— filed notification 42,776 shares the terms thereof. compliance with upon Pierce, & of letter on 15,000,000 5,000,000 shs. .— Co._—.$1,830,000 Burr, total $1.89 1460. Intercoast Petroleum 1,233,000 Mason-Hagan, share 4,899,315 Co.—Stock Offered— Shoe company 9,000,000 $1,233,000 9,000,000 1,000,000 shs. value) mortgage Merle-Smith Rhoades $9,254,230 $1.90 stock offered to common stockholders of record March 31 at par ($10 per share) 1959 (St. Peabody & Co.- 1,830,000 Carl 5,850,155 4.899,315 outstanding and Inter-Mountain to as & & & 493,375 6,175,300 — share per Of the 95,000 shares 5% series shown the of the Lynch, & 2,506,760 488,604 taxes 15,000,000 (without the Merrill Kidder, 2,047,882 notes 10,000,000 (closed) principal and interest by American Gas Co. (now Liability for such guaranty assumed by North American Weld Coffin depletion.— and serial income 558. p. Innes & 1979 bonds White. Fenner 83,579.966 ing 30,000 shares of common stock Outstanding 1980 stock of 79,676,114 $9,320,463 and Federal earnings —V. depletion. and income Net Net depreciation for 1949 1950 $97,708,363 $101,684,436 revenues of deprec. bonds on Provision other exl. sales, Provision been Light & Power Co. stock 79,222 15,000,000 stock ($50 par value ) pfd. stock—300,000 shs dissolved). on income— 1— $45,000,000 due tGuaranteed offered program. relating to the underwriting ar¬ will be supplied by Amendment to its application, the company said.—V. 171, p. 949. rangements and energy 1978 underlying "Additional was 330,074 ¥ Net 1953, inclusive, which $25,000,000 "Unlimited bonds, due March Common A $960,540 343,639 171, p. 1735. —V. Gulf Power Co.—Plans The EFFECT First mortgage bonds 27/a % series due 1976 Further acquire GIVING 1,408,749 4,239,453 1,673,845 1,481,243 electric distributes and 1358. p. $1,070,076 during the years 1950 to Authorized Dick railway- for severally to be purchased by railwayrailway- from for the payment of its $10,000,000 financing construction expenditures. 1949 $992,512 219.480 from ry. —V. 1947 1948 1S50 174,173 from Net Shares bonds, together with other funds, the *' 4.08% $2.93 $936,991 oper. The pfd. $6,320,203 dividend $6,913,279. wrtiers Gross and UNDERWRITERS—The Gulf, Mobile & Ohio RR.—Earnings— common railway Jan. The be issued under 1— railway. railway amount. of by the company at $60,800,000, of 1950, according to present plans. 99.417 from Net —V. 1949 $295,607 129.795 income oper. From Jan. loans maintenance lor the than other purchases and distributes natural gas in a territory comprising substantial areas in northern, central and southern Illinois. Approximately 80% of the revenues are derived from electric operations and 19% from gas. Total operating revenues in 1949 were $40,349,089 and net Serial $332,455 railway railway invest¬ and Clair County Gas & Electric Co.)__ Sinking fund debs., 2a.i % due 1966 -Earnings- 1950 from from sale company COMPANY—Produces 3 Vb % $6,568,745 $3.05 stock share of common stock to railway—— from ry. * income 446,500 (requirement) in spent mtge. Net principal the the by 1,828,834 $6,320,203 Illinois Terminal RR.—Earnings— Net property fund, at 103.75% if 1951, and thereafter at prices decreas¬ Sinking fund redemption prices range sinking April 1, amount. the bank tNon-callable 1459. Green Bay & Western RR. Gross used 1,828,608 — March— 6,182,055 6,193,646 2,394,431 1,476,432 l— railwayrailway from Net 1948 $15,099,426 1,848,700 - from Net 1949 $15,183,857 $16,173,192 from Net to dividend applicable from redeemable, before or 100.62% be Expenditures for construction additional 3,500 shares of Its $100 par common stock to its parent. The 1950—3 Mos.—1949 by the or principal short-term The company on April 27 received SEC authorization to issue and sell an on the to wlil PROCEEDS—From Granite State Electric Co.—Stock to Parent— ~ 3073. p. Net 2,438,349 headed fund $8,-149,037 $7,015,245 preferred From bonds new renewal are . 162, White, Weld & Co. arid Merrill Lynch, Pierce, Fenner & Beane offered to the public on April 14 a new issue of $10,C00,000 first mortgage bonds, 2%% series due 1980, at 100.61% plus accrued interest to yield 2.72% to maturity. The issue was awarded to the group at competitive sale on April 12, The 75,000 $8,843,853 requirement shown above is that applicable cumulative preferred stock issued on April 1.9, 1949. tEarnings per share of common stock are based on 2,156,406 shares which includes 239,601 shares issued in October and November, 1949.—V. 171, p. 1568. 1358. firms $3,074,037 75,000 to the $10,000,000 par value of 4.70% Net ment $8,763,853 Pub. Serv. Co. frcm Kewanee deductions etc., tEarnings per Gross 1358. p. 171, p. 1949 1950 income $5,315,980 $14,119,202 $14,239,379 $5,419,967 . income oper. ry, .45 Co & $41,272,376 $38,345,785 32,503,523 30,271,743 taxes income Gross Net .90 3.25 Co.— & ACCOUNT revenues received Balance Changed—Financing— below.—V. 1950—Month—1949 expenses and from Net operating "Preferred $22,450,488 $21,973,163 $60,927,918 $63,422,460 17,030,521 16,657,183 46,808.716 49,183,081 revenue oper, Co.——— & Lerchen RR.—Earnings— Period End. Mar. 31— Ry. 575,271 From Jan, 1-— Net Net 171, p. 1460, Illinois Power Co.—Bonds Offered—A group of $4,754,000 income—_ oper. Valley Baking Co. Ry. oper. INCOME 3.25 1.40 Corp.—— Weld & Co White, 3.25 and 3.25 3.25 Co & that there has not been a public offering See further details in V. Illinois Central —V. persons expenses Interest, a book value preferred stocks v/-;,:■ 1950 from Ohio H. revenues "The See Watiing, 12 Months Ended March 31— Operating Dividends Publicly Offered— Trask Walkei G. COMPARATIVE last had the application—V. y;.: new 1358. preferred stock and 9,000 shares of common Holsum Baking Co.—Name dividends. giving interested the upon the to company stockholders p. .45 Securities Union .90 Co .45 .90 Boyce Corp. .90 & .90 Co & & Co Webster Securities Stone & .45 Co. & Co & Spencer l.o5 & .90 3.25 Co & Bros. Stix .45 Co Operating exchange common 1949. accrued 171, Co._ Starkweather 1.85 Co._: peabody Co._ & Smithers S. Stein .93 Son & & Hammill VVoodard Elv/ood filing with the SEC by letter of notifi¬ the recent with 9,000 shares of of of this stock. exchange of from 14 to 18 for each share of shares of additional common in one-thiid of comprise chares 1048).—V. p. Shields (Inc.). 1.85 McCormick Kidder, of Witter & Co. at are Monday after such date. application, on values has second request- hearing Net These shares originally offered 171, out¬ shares of There Grand Trunk Western RR.—EarningsGross V. connection cation for the stock common in number closing market price for the common stock on the New York Stock Exchange on the day prior to the initial offering, date. No commission or other remuneration will be paid to any person soliciting the ex¬ change. The initial offering date will be the second Tuesday after the application is granted and the offering will extend through the According Illinois 3.25 .45 Serantcn F. Co.___ & Ilutzler- & Bros. W 3.25 Co., Weeks—— Hutton 1.85 Chas. Co.—8— 1.35 were * Insurance Co. and Dean Co. Inc. & E, series stock, Prudential the with 23 Read Helio Aircraft Corp.—Stock Not preferred stock A, and from 7 to 9 stock in exchange for each share of convertible preferred. The of common shares in each instance would depend upon the close of Dillon, share). per 150,000 (see March on through of In for according to the applications. standing 1,343 shares of the preferred stock A and the convertible preferred, It SEC for outstanding preferred, par Placed Privately— preferred 5% of stock, we have been informed of Clegg E. W. Co.— Salomon .90 Co & & & Shearson, Hilliard & B. Gross the to exchange $25. maximum A April on issue stock preferred value to privately March shares 50,000 of ($20 par Graham-Paige Motors Corp.—Files Exchange Plan— authorization total A America 15. Pending the filing of said certificate, the declaration of the June 15 dividend Stone Hornbiower 1.85 Rothschild 3.25 Co. & Co.— 3.25 Ripley & Hall 1.85 & Co Miller & The Hawaiian Electric Co., Ltd.—Stock exchange for each $10 par share outstanding. in expected to be Island, proposal to change the par a to S4 per share, 2Vs shares of the will be effective when the certificate covering the amend¬ charter is filed with the Secretary of State of Rhode the to April 23 approved on & Co.— & Pressprich Corp & Co Jackson Curtis F. Boston Co & & Webber, L. Chapman & Newton M. Securit:es Corp._ 1.85 Kebbon, capital stock from $10 Paine, W. Hayuen, J. Cook Newhard, E. .90 Co — Hurd, Wells R. Inc. J. Co._ & & Hoyden. proposal to increase from $600,000 lo $1,000,000 the maximum aggregate principal amount of bonds which the company may have outstanding. The stockholders also approved an increase in the bonded debt to $600,000 by sale of $200,000 3 V* % first mortgage bonds, series C, to be sold to the Mutual March on .90 1.35 .45 .90 .90 .45 & Co.— Maynard H: Murch & Co.- Mullaney, 3.25 Foigan Harris, 1.40 .90 Pont 1-35 Co. Marks M. .45 Dillon First Glore. Up in Stock Approved— value du I. Eastman, & : Merrill, Turben & Co.—— F. S. Meseley & Co.— 1.65 Co 3.25 — - Laurence .90 (Inc.) i Rhoades Loeb, —. .45 & Francis The Co. 3.25 Co Equitable Privately— stockholders The Inc.— Co. M. Carl .90 Republic Co. & Dain M. J. Be to & Brothers Lehman .90 __ Julien Collins & Co sheet of balance Harden Lee 1.85 Rollins & Co. Inc._ 3.25 Byllesby & Co. (Inc.) .90 M. Cooley the company and its subsidiaries at March 31, 1950, showed current assets of $10,285,606 and current liabilities of $1,287,725. The current ratio at March 31, 1950, was 7.99 to 1 as compared with 6.55 to 1 at Dec. 31, 1949.—V. 170, p. 2129. consolidated The Becker Biaii, £9.246 $0.88 share. common per Weeks & G. A. H. declared: or Baker, 3.25% 1.35 Langley & Co Higginson Corp W. C. —4.60% William Llair & Co 63,590 thereon. taxes Beane C. Allyn & Co., Inc.— Bacon, Whipple & Co 5150,512 63,590 — less Federal Preferred Common 30% 30 20 20 & 171, p. income on Lynch, Pierce, Fen¬ & ner A. Harriman /Preferred Stroud —V. by each of to be purchased . .. the percent¬ and underwriters the severally foliows: the underwritten shares of ages 193,050 earnings Dividends of reason sinking fund payment due May 1, 1950. +The Articles of Incorporation, as amended, authorize 60,000 shares of preferred stock issuable in series taxes Dividends *$2,699,000 $3,000,000 I, 1967—— —— pfd. stock (par $50)—- May cum. State Operating profit received, Outstanding Authorized 199,803 •—-— — and 4,294,684 $4,7o4,754 depreciation of taxes they have severally agreed pursuant to the exchange offer which as follows: " purchase, are Merrill bonds fund sinking mtge. due 4%% FINANCING GIVING EFFECT TO PRESENT CAPITALIZATION, Depreciation i-— ..A9*®,, 5,041,452 exclusive expenses, income — —— ——— and and Federal • . sales Net Costs the company reported with $625,972 reported a to 1950 $5,754,130 Three Months Ended March 31— EARNINGS—For the year ended Dec. 31, 1949, issued (& Subs.)—Earnings- Hammermill Paper Co. program to improve its equipment and to install addi¬ facilities to increase the efficiency and productive capacity ot development tional Monday, May 8, 1950 ... exchange cumulative the same price (less International Nickel Co. of Canada, ed is a the underwriters new preferred and the stock not of George C. of the ;• Chairman Stanley. member Sharp as law a of firm of the director of Sullivan has Board, & Cromwell, Counsel, and has been actively engaged on legal affairs for more than 25 years.—V. 170, p. 2332. International Rys. of Central the company's rev. from ry. 1950—3 Mos.—1949 Inc. avail, Net income $1,196,359 $3,778,654 327,431 215,078 979.973 609,305 237.801 152.929 710,827 432,020 210.174 Net $1,310,388 122,631 627,929 840,942 revs lor fxd. — Calls $47,300 1961.—V. $3,285,345 of 4% Debentures— on April 171, p. authorized 27 the sinking fund on June 15, 15, company's chgs. oper. June the ops._ Railway directors the Mr. Sharp America—Earnings— 1950—Month—1949 P.ericd End. Mar. 31— announced the company. General The several C. Ltd.—Sharp Elect¬ ' Director— election - a a Robert the call for 1950, of $47,300 of its 4% 1459. redemption for debentures due Volume 171 Number 4905 The Commercial and Financial Chronicle . . . Jersey Central Power & Light Co.—Definitive Bonds— Definitive 1950 and lor first mortgage subsequently delivery Farmers bonds, 3Vfe% maturing exchange in Trust Co., for trustee, coupons The in York.—V. New cumulative Payment at dividends of 41 second the price cents 171, of June on stock, preferred redemption the at City 193. p. Bank next, 926 shares 6, seiies $107 A 4% $100). (par share per plus 104. ,*ii stockholders given shares right of of had the was offered to privilege Proceeds subscribe • v of for on before or purchasing only. 17, 1950 March ry. recently for —V. stock This shares. 1262. p. aggregating $547,000 and con¬ $390,000 of 30 year 4% bonds, series A, due Oct. 1, 1975, and $157,000 of 20-year 3%% bonds, series B, due June 1, 1968, have drawn by jot redemption. for made will, be June on 1950, 2, at The York New Trust corporate trustee, at 100 and accrued interest, plus a premium 1%'// on the series A bonds, and a premium of 1%'a on tne series Co., of bonds—V. B 171, p. 1,324,369 830,697 550,651- 596,221 499,481- Net Net 17,332,864 19,404,203 17,859,473 2,555,695 3,000,830 2,754,753 872,054 1,310,808 771,895 3,307,668 1,623,892 1785. ' % ? Hancock, the of The partner Board, C. S. of and Son, Chairman and Brothers, has elected been Babb, presently Executive Vicehas been elected President. Inc., board' of new directors, it was stated, will consist of Messrs. Hancock and Babb,. together with the following: William H. Burkhart, Vice-President of Lever Brothers Co.; J. Laurence Heyworth, director Brothers Lever of Jewel Tea Unilever & Co. Inc. Ltd.; Franklin Chairman and Lunding, Executive - it also was the of J. Lunding, Federal President Reserve of Bank of announced, Vice-Presidents and President of act Chairman as of the days.—V. the company, as well as the Presidents Pepsodent and Jelke Divisions, and the the Ayer, Inc., will continue in their present stated. was Lever new of of Harriet Hubbard positions, it The will Committee. The other Vice-Presidents President is expected to his assume post within 60 171, p. 1785. 1950 1949 1948 1947 $428,229 $493,729 $472,100 $466,678 197,765 223,915 200,168 252,672 Marchfrom Gross Net from Net ry. railway railway from Net from Net ry. —V. stock 90,423 94,600 67,239 124,535 1,473,869 1,244,482 Proceeds 638,025 694,435 1,390,307 623,152 672,819 used in the 276,662 289,410 237,025 facturing ethylene glycol from railway income of shaie. furnish stock connection value 16 initial managertient. " : financing arrangement between Tennessee and Mathieson the latter isrto purchase 466,667 shares of Hydrocarbon's common stock at $10 per share at such time or times during the period ending Sept. 30, 1951, as the issuer shall specify and Hydro¬ carbon is to offer 466,667 of the shares covered by the registration statement to holders of the outstanding common stock of Tennessee, on the basis of one Hydrocarbon share for each ten Tennessee shares held, the record date, subscription price and underwriting terms to be supplied by amendment. The subscription price is to yield $10 per share net to the issuer. Stone & Webster Securities Corp. and White, Weld & Co., are named as the principal underwriters of the offering to Tennessee stockholders. Hydrocarbons also will issue and sell 56,000 shares of stock to tho its Under a with the officers and Thrift Plan of Tennessee, which shares are also in¬ registration statement. An additional 56,000 shares are for sale to officers and employees of the corporation. These offerings are to be made at $10 per share, and are to be underwritten by Tennessee and Mathieson, respectively. •. «, ( As additional financing, Hydrocarbon proposes to borrow approxi¬ $61 mately Subsequently it had sold The of ordinary advised with of as the alternative thereto with an believed that the holders of said shares, outstanding $1 par follows: total of a of of and reaffirmance the 6,700 shares will inc. U. ' Operating expenses 1949 $1,436,608 954,660 — Maintenance 89,748 - - 938,810 89,328 60,499 charges- income Non-operating Canadian taxes Net Net (net) _ $157,942 1,588 $193,873 from 53,843 39,545 income gross $140,030 $119,985 22,000 25,667 income $118,030 based share per 170, for stock common 440,000 on shares Gross 398,712 1,677,690 995,103 486,218 980,185 64,433 213,828 Gross *$70,631 p. 558, from Net ry. $63,453,383 $63,732,936 $3,723,598 183,746 number average April 171, *116,84o railway-.: income 317,022' *811,349 *570,695 *448,487 10,925,933 11,318,477 Net *1,129,009 *3,332,860 *229,687 344,590 *2,739,840 *2,003,812 171, p. 1461. Earnings 1950 railwayrailway income—, from ry. Net income $1,634,607 1948 from from Net ry. —V. $1,594,445 Net $250,196,371 $254,147,498 634,002 657,166 248,932 235,476 4,562,963 4,569,290 3,864,852 1,952,122 1,619,716 770,825 income... 3,385,326 1,811,637' 1948 1,172,214 1947 $16,831,917 Weeks The Selling Jr., March on member the committee of Lake Healy and J. J. Duane, mortgage 5% bonds due 1951 in Authorization of J. F. Bunn, Jr., as a proceedings. reorganization W. J. holders of first represent the to authorized 22 was denied.—V. 170, p. 2130. Operating Operating Taxes 47,078,313 51,386,573 47,424,171 7,560,057 8,487,529 10.020,328 3,245,290 3,830,028 4,119,845 4,938,380 Interest Equip, Joint Net March— Net from Net ry. Gross Net Net railway 1948 $66,950 5 82,609 *54,566 *100,950 *79,241 from from ry. railway 154,951 (James) 171, 175,096 *237,464 sales *268,613 *290,840 -V. 2,067,961 827,184 taxes 1,714,168 i taxes per common preferred $1,240,777 $1,028,501 $1.48 dividend requirements.—V. 171, from railway.: Jan. from from ry. —V. railway oper. Net 171, .— income— 1949 1948 $321,934 324,856 51,062 113,966 112,872 24,518 9,583 40,430 39,654 873,982 railway-—-- 141,249 156,742 241,471 24,2G2 31,622 62,177 No. of —V. 1358. Net * other $932,290 v of pfd. 324,287 •»%, Corp.—Earnings1950 1949 $182,684 94,692 : deplet., etc.— $203,425 105,590 $97,835 2,735 2,419 charges inc. and taxes. -Earnings— SEC 728 income 3,846 taxes 30,639 30,433 $59,359 $65,975 outstanding at end of 445,500 period— 396,000 1150. 1950 1949 1948 1947 $429,593 $683,705 $598,450 *12,713 211,600 220,359 of 185,339 5,687 113,943 132,907 pro railway 1,420,261 1,880,788 1,476,106 180,684 383,714 ry. oper. income—280,720 Deficit.—V. 171, p. 1358. 132,129 501,971 271,417 233,386 of its amended meeting held for payment an order of this parent, by on the April approving company, Standard Gas the preference is The public stock, accorded for and & plan compromise 65,730 68,190 97,806 713,894 value) 93,493 716,200 value) 112,225 1950 $1949 $8,545,407 $6,557,119 8,219,626 6,694,593 $325,781 *$137,474 179,769 165,735 $505,550 $28,261 14,219 ; and admin, 19,725 172,756 exps profit (net) interest, income charges extraordinary i gExtraordinary charges for Fed. UNet » taxes charges and State taxes profit on *■ — income- 213,000 Cr62,000 $278,331 ——— *$102,220 Nil per common share $0.45 *Loss. ^Revised. gLosses appertaining to abandonment of contract, inventory liquidation losses and expenses of shutdown plants. liThe company's 50% equity in undistributed earnings of U. S.-Menge* Plywoods, Inc., is not included in any of the foregoing figures. Mengel's equities in such earnings and the equivalent per Mengel- share were common as Earnings follows: Per . share two 31— 1950 $76,003 — **Based on the number of shares of NOTE—The the end backlog of February of to Electric Co. unfilled Mengel at (& revenue has risen end Income management elected at Net • —V. 26. earnings— of $512,500 to Standard Gas in settlement and for distribution of the remaining assets holders of the outstanding 116,185 shares of $100 par, of Market Street Ry. No recog¬ ether junior classes of preferred and one class, 171, p. 559. : out¬ , .... from of $5,800,000 afc March.—V. 17(V - 1950 1949 $18,032,050 $17,996,505 13,585,554 14,059,440 401,827 1,527,415 312,219 1,377,997 $2,517,254 —;— taxes the . , $0.07 stock Subs.)—Earnings Incr.—• r— — expenses . the Months Ended March 31— and common , '/Yv,—J:'* 2131. Meredith Publishing Co. 9 orders $6,300,000 1949 $38,281 $0.13 —— Earnings per common share (on 645,000 shs.)__ new stock. Commission for par ($50 par value) par — Depreciation—- amended $1,132,000 of among common cisco dissolution claim claim rata nition of and issued 3 provides its prior v. 1,493,704 It a was stockholders' 265,849 May on plan $835,345 $1.17 (& Wholly-Owned Subs.)—Earnings— and selling before Interest $100,254 etc.) foreign —___ liquidation The railway—351,181 ($300 (without standing at the end of the respective periods. $90,727 Market Street Ry.—Dissolution Approved— $675,348 .— sheres — sales income Other $608,003 $87,992 (interest, and shares 171, P. The railway—— ~ from $313,372 income. before Fed. $965,992 $1.35 common 2nd pfd. shares Costs railway oper. income—. from $289,181 credits— charges for $947,570 **Profit Net' income' for From Jan. 1— Net sales Cost p. ■' 108,858 from Gross Net *. settlement of ry. 305,504 1359. income $1,073,909 107,917 period shares Three Months Ended March 891,014 306,122 income the for shares Total 700,669 from $618,876 107,968 $115,214 operating Other 713,089 171, p. 559. and $397,149 101,783 1947 $230,786 626,394 March— first Profit $216,997 etc p. 528,079 125,654 debt- 32,651 operating income—Y Operating charges, incl. deprec., Prov. railway—_ 171, p. Net 31,682 Gross Income $244,225 71,024 Lehigh & New England RR. Gross $899,639 10,235 1— oper. Net 76,176 $587,194 1150. p 1950 from Net 76,528 $386,914 $1.22 share— March— Gross 28,807 $207,481 income Other ry. 128,232 9,516 int., long-term Three Months Ended March 31— 685,667 Lehigh & Hudson River Ry. —Earnings— From 151,935 Three Months Ended March 31— 1949 $15,911,897 $12,630,817 taxes income ^Earnings Net 42,490 26,543 Maracaibo Oil Exploration 1950 earnings conv. Prov. Sons Co.—Earnings— after Net 55,141 4,898,093 . Net Net Gross 1,071,425 (Br)— income Gross $229,178 — Estimated *After 4,714,188 656,148 1358. p. Lees & before Profit 435,060 1 *174,911 Quarter Ended March 31— Profit 1,704.642 180,520 *210,686 *307,834 income— oper. 233,439 '-257,091 railway ''Deficit.—V. Net 1,676,147 income Rentals, on preferred on Mengel Co. *59,213 Jan.l— 42,082 $2,270,924 603,696 105,900 613,758 shares Earnings per common share— Capital stock outstanding: $7,073,565 $63,089 *31.841 110,738 income $126,240 '-92,483 Other $2,228,84?. 55,002 -— income taxes— I —V. $6,185,993 income- oper. expenses State Operating 1947 $53,278 railway oper. From 1949 1950 from ry. $2,385,729 — - 1950—3 Mos.—1949 $2,597,913 (Dr) rents — $2,440,731 earnings for Net Superior & Ishpeming RR.—Earnings— Net Gross 1950—Month—1949 231,428 rents lac. ; —- and and Common Earnings— $2,196,740 — profit income 4(4% expenses 15,728,429 989,481 expenses income Federal 1359. revenues 1,207,208 15,951,199 depreciation administrative and Operating 2,001,242 6,519,707 Per. End. Mar. 31— ICC Mar. 20,*40 $19,544,136 $18,946,752 ^ sales—before of 4% mittee— Mar. 19.'50 Ended— sales 4,052,821 1,485,499 43,072,321 income— oper. 171, p. and $4,652,658, respectively.— 2131. Dividends Maine Central RR. -March Wyoming Valley RR.- -Protective Com- Lackawanna & $690,155 $1.13 $10,375,293 were Depreciation 1949 $15,507,347 $17,520,832 2,410,842 3,178,608 1—. railway railway assets (The) Mead Corp. (& Subs.)—Earnings— 12 Net 643,551 RR.—Earnings- $16,395,062 from current 1950, 31, date last year were $10,680,091 p. Gross 1950 From Jan. share per same 170, Other from ry. 327,437 1,531,572 940,616 1,896,614 724,889 1359. railway from railway ry. oper. income —V. / against current liabilities of $3,C03,098 including reserves for Federal and foreign income taxes and State and other taxes. The corresponding figures at 580,111 309,240 4,796,866 March— Net 1949 $9,460,705 1,082,693 392,538 $567,234 $0.93 taxes - March At Cost railway- oper. from Federal for taxes— profit Earnings $1,392,825 663,143 323,557 railway 171, p. Gross Federal before 1947 From Jan. 1— Gross 1950 $9,193,960 894,671 - Provision V. 1949 $1,650,036 ... oper. Net (& Domestic Subs.)—Earnings— sales 10,107,830 *1,795,419 from Gross on Quarter Ended March 31— Net the Net operation-during the lour weeks compared to 2,294 a year ago.— 2,152, was 242,359' *504,367 Louisiana & Arkansas Ry. 1950—16 Wks.—1949 in stores of 1950, 22, 1947 $3,597,214 10,710,689 344,568 Louisville & Nashville 1461. p. 1948 $4,025,863 ; April 24 filed a letter of notification with the SEG* second preferred stock to be offered at par ($100 per share). The proceeds are to be used for additional working capital. No underwriting Involved. company 1— oper. Net The V. 1949 $3,720,100 railway—_ *Deficit.—V. Net Sales Maximilian Rinow, Inc., New Orleans, La.—Files— covering 200 shares of 8% McCall Corp. 1950 from Net $0.21 Kroger Co.—Sales for April Off 0.4%— 1950—4 Wks.—1949 ■■ 122,223 $483,677 railway Net from railway Net ry. oper. income York. New 943,511 *$151,939 from Gross Period End. Apr. 22— ended $9,019,420 $15,501,125 $17,877,728 10,854 171, of Co. of the financing will be used as follows: $11,600,000 lor plant; $5,500,000 for a chlorine plant; $1,300,000 for pipe¬ line; $6,600,000 for general facilities, plant site, and preliminary ex¬ penses; and $2,000,000 for working capital. ^ • Long Island RR.— Earnings— of stock p. 2026. Insurance chemical a $94,318 $0.27 available be Proceeds 1950—6 Mos.—1949 ; which is necessary, in addition to the proceeds sale of common stock, to provide the company's estimated, requirements of $27,000,000. The borrowings will be repre¬ by 3%% first mortgage sinking fund bonds due July 1, 1965, acquired by Metropolitan Life Insurance Co. and The Mutual $17,000,000 sented Life Earnings— the the capital in¬ March— $159,530 dividends common —V. 171, p. 1150. $94,387 *Loss.—V. 132,173 $192,312 1,561 — income income Earnings from and, the of in offered be The 65,411 taxes income Preferred of capital (est.)- Net Deductions price 597,393 March— Gross the working 52,944 79,261 154,972 income Federal taxes Operating at to 492,152 From Jan. 1950 Depreciation Other added profit-—— come the issued $1,531,452 revenues for be $7,589,749 after and S. Net Kings County Lighting Co. (& Subs.)—Earnings— Provision will 1950—3 Mos.—1949 sales-- Net exchange. reaffirm which event the company will have 111,700 shares.—V. 171, p. 1262. in Three Months Ended March 31— Operating of course of the company's business.—V. Depreciation inadvertently discovered that the company capital stock at the price of $2.50 per authorized to be sold. mentioned above is an offer of reclsion with It and group as respect is stock common have been we Net notification said of 50,000 shares 6,700 purchase of shares 6,700 of letter a. was 56,700 shares instead share of corporation, this statement stockj common selected a each) $1 (par filing recently made an offering, of 50,000 shares of common at $2.50 per share. The shares were completely company stock sold. the covering share of per The with March no-par Liquid Carbonic Corp. (& Subs.) Kaye-Halbert Corp.—Additional Stock Sold— on registration a its only to sale Per. End. Mar. 31— In of offered company and Its subsidiaries, underwriting is involved. the Tennessee Chemical, to the No o7 from natural gas. undertaken to supply its proposed new chemical plant with the necessary hydrocarbons, and Mathieson Chem¬ ical Corp. is to assist in financing the construction of the new plant, to supply it with certain, raw materials, and technical services and to to 171, p. 1358. SEC filed 27 shares be to has Co. _ April on 10,002 is $0.33 certain other organic chemical products and heavier hydrocarbons separated the Transmission Gas cluded 322,780 employees per railway oper. company covering The 1,274,129 income oper. From Jan. 1— Gross The SEC $5.10 The corporation on May 2 filed a registration statement with the SEC covering 522,667 shares of $1 par common stock. The company was organized oh Jan. 26 for the purpose of manu¬ Trustee Link-Belt Co.—Registers With SEC— Kansas, Oklahoma & Gulf Ry.—Earnings— $4.86 $0.29 ^ dividehds.-»-V. 171, p. 1150. Mathiison Hydrocarbon Chemical Corp., Baltimore, Md.—Registers With SEC—To Place Bonds Privately— ' Lehman and Jervis J. Johnson 1949 • Elected Babb M. income per preferred share. income per common share.. *After preferred ' 171, p. 1785. President of 'income *Net 15,173,550 1950 $43,929,749 $45,007,364 728,675 772,28® ——- — 1,132,166 1 Co.—Quarterly Earnings— "3 Months Ended March 31— Net sales $6,183,634 Chicago; Charles A. Massey, President of Lever Brothers Ltd., Toronto; Robert B. Smallwood, President of Thomas J. Lipton, Inc.; Louis F. Watermulder, VicerPresident of Lever Brothers Co. Southern Ry.—Partial Redemption— mortgage bonds of this company Payment 1947 - $6,891,927 1,365,232 Lever Brothers Co.- -Hancock as President— ; the 171, etc.—V. sisting of been income™ oper. 1948 $5,773,3841,037,783 -' From Jan. l— Mr. First $5,638,179 V Gross from railway.—_ Net from railway— Net ry. oper. income t John were 1950 31, unsubscribed any improvements, Kansas City from Marshall Field & 1949 1950 railway— railway— Chairman Illinois in are Net '• Corp.—Rights— March record ' 5,000 additional common stock at par ($10 per share) to the 22.9% of their respective holdings. The stockholders also the extent of ■V/ V -.J--',' .. Johnson Power-On Transmission common \v',:Y.%'v.Y ■ '' The from pel ;y f;'': r > , accrued share, will be made at the office of J.'P. Morgan & Co., Incorporated, 23 Wall St., New York 5, N. Y.—V. 171, p. Lehigh Valley RR.-MEarniftgs— March— Gross Net ■ i Redemption- has called for redemption company its bonds temporary Johnson & Johnson—Partial of series due 1978, with June 1, rttached, are now available (1887) $2,246,849 $3.48 $3.90 ! Michigan Gas & Electric Co.—Additional Stock to Be Offered Stockholders— W. plans J. Hodgkins, President, on March 29, disclosed that the company offer additional common stock to present shareholders in one new share for each 10 shares held. The proceeds woulc* to its ratio of to the Federal District Court at San Fran¬ enforcement of the plan.—V. 171, p. 1461. applied approval and supply the company's estimated requirements of $950,000 in new capi¬ tal to carry on its construction program.—V. 171, p. 1786. Financial Chronicle The Commercial and 8 ... Monday, May 8,1950 (1888) > $39,485 $2,453 $0.10 $37,265 $24,771 prolit Earnings 1950—3 Mos.—1949 1950—Month—1949 Period End. Mar. 31— •Net $0.01 share per "After provision for income taxes. Operating revenues of $1,743,831 in Net ry. the first quarter of 1950 were Gross or Net revenue Net the above The 1949 ' quarter. acquired four 40-passenger Convairservice June i.—V. 171, p. 1462. recently has company Liners, which are scheduled to go into railway from Net 9,820,094 income— 4,794,577 oper. 171, 1950 1949 1948 1947 $181,087 57,478 $157,596 26,690 $165,976 36,014 $185,854 "• 79,941 26,924 *1,012 9,343 March— from Gross Net from Net ry. railway—— railway income oper. 36,436 ' Net from Net ry. 533,908 188,976 railway——— 27,144 income— 171, p. 1359. oper. 488,786 201,786 93,628 514,731 170,360 62,871 470,320 121,895 95,519 railway from Gross '■'Deficit.—V. shares of common stock (no par) on April 27 by Reynolds & Co. at $10.62'/a per share, with a concession of 30 cents per share, was oversubscribed.—V. 171, made dealer 1786, p. Net railway—— from ry. $1,585,972 $1,584,017 3 03,375 2 75,906 90,097 476,102 202,436 4,578,021 4,298,748 — 122,801 191,287 income—_ oper. .'VV,-;'•* ■ From Jan. 1— Net ry. railwav.. from Net 171, 664,822 849,920 805,676 338,543 2.91,235 448,615 Minneapolis, St. Paul & Sault Ste. Marie RR.—Request for Bids— The lowest the it? office at 1400 First National-Soo Line BIdg., w.ll until 1 p.m. (CDT) on May 15 receive aids interest rate at which the bidder wili provide (1) at M an., 1950 fc> unancing the acquisition of Uo passenger two switching locomo¬ tives built or to be built by General Motors Corp. and (2) $147,720 prior to Dec. 31, 1950 for financing the acquisition of three new road-switching locomotives to be built by American Locomotive Co. The equipment is to be sold to the Soo line under conditional sales agreements for the aggiegate purchase price of $905,000 and $434,650, from $724,000 time Sept. 30, locomotives and time to U pr.or respectivelyEARNINGS MARCH FOR THREE FIRST AND from Jan. ry. $2,641,955 539,230 318,596 6.788,542 *630,642 6,691,579 599,075 *1,289,597 10,263 railway—— from Net $2,349,502 '106,308 *338,052 1— "248,849 6,740,839 *544,451 incoige— *909,103 *1,226,344 from Net 48,647 income.. oper, ry, From 1947 $2,553,590 122,526 "83,166 $2,668,405 256,524 rai'way raiiway_ from Gross 641,958 104,865 156,559 647,986 820,968 239,022 191,746 92,355 6.320,239 railway—— oper. "Deficit.—V. 171, p. •. n 135,629 174,472 Net 1462. 834,314. 1359. $1,654,120 to its Employees' 1949, it was announced on contribution of $3.97 for every dollar oj. additional one Net recoiu for railway—— oper. income From Jan. 1— each will receive, on share held on the oper. 171, stock, ry. —V. 171, corporation in March ou'ered to the public $75,000 of three5% notes at par, the proceeds to retire short-term loans and loans and for additional working capital. The notes are to in three the date of issuance. With the purchase of each $ 1.000 note, the purchaser is given the right to purchase, for $10. 1,000 shares of common stock. The purchaser is a.so g.ven the privilege of purchasing % of 1% interest in the earnings of the patents, trrde marks and copyrights now applied for/and all such patents, trade marks and copyrights which may be later applied for, covering The Little M. D. and MIRACOLD, for the sum The of the the need The The of may M. The Little M, glycol. M. D. is will distributor, in for United the replacement and electrically an active D. vaporizer addition 200,000 and States, service parts ingredient on the operated of only the is Net 1947 1948 1949 . ry. Gross Irom $2,723,306 Net from 491,143 Net ry. 294,712 197,456 165,998 7,944,925 2,015,651 930,516 8,122,421 8,889,228 1,732,350 794,769 1,521,155 7,565,514 1,252,809 452,513 —V. which vaporizing vaporizer, is 100% scientifically tri-ethylene designed, popularly market. use of Mississippi Central RR. March— boiling water or other dangerously Net ry. Net from Net ry. —V. 1947 $210,27G $179,164 $178,280 44.756 62,174 46,550 54,714 _ 14,976 22,979 13,664 605,006 509,954 478,736 124,163 171,720 146,498 136,683 40,871 51,534 49,454 46,508 income i462. Mississippi River Fuel Corp. — Secondary Offering— Eiyth & Co., Inc., on May 2 made a secondary offering of 5,000 shares of common stock (par $10) at $35.12V2 per share, less a concession of 40 cents per share to partici¬ pating NASD members.—V. 171, Missouri Illinois p. 1786. will be used to increase working Net ry. ry. $365,812 $365,575 136,408 139,750 147,570 70,278 79,861 68,924 77,756 1,071,741 1,063,075 886,916 441,751 430,917 452,478 196,044 235,427 224,678 199,571 —V; 171, p. rr **4 through Burr, Inc.. — on FOR MARCH AND March— Net ry. From Gross p. Net ry. 171, $300,000 1950—3 Mos.—1949 $2,685,903 $2,170,161 $7,161,004 $7,217,319 903,926 2,201,581 2,082,353 from ry. Gross 1950.—V. ry. 30— 663 at April 22, 1950—Month—1949 1950—4 Mos.—1949 $4,912,495 $5,234,322 $15,498,748 $16,187,688 and company has called for redemption on June 1, next, $221,000 debentures due 1967, for account of the sinking fund at 101.34% interest. accrued Co., Redemption— Electric System—Partial England option, N. 5, and State trustee, holders' York Sts., Boston York Trust Co., 1570. Congress The at Y.—V. Payment will be made at 171, p. New New Orleans & Northeastern FIRST THREE MONTHS 1949 1948 1947 the State Street Trust Mass. or, at the 100 Boradway, New 1, from $5,417,142 1,302,160 1,235,366 Net from 651,174 621.810 477,552 442,369 Net ry. 17,185,956 income Gross From 1— railway.... railway— 17.664,319 15.307,373 4,340,859 3,398,207 3,244,158 Net from 1,616,205 1,351,270 1,118,093 1,108,974 Net ry. 1570. —V. from 171, income— railway railway--. oper. p. 1949 1948 1947 $436,858 $412,123 $490,606 $367,765 112,429 80,926 175,625 120,514 railway railway from ry. 39,4)0 22,221 75,197 67,747 1,228,348 328,641 141,415 1,179,743 1,303,146 995.292 225,016 330,957 256,311 44,916 *11,934 79,159 income 1— Jan. Net & Western RR.—Earnings— income—. oper. "Deficit.—V. 171, p. 1786. Newport News Shipbuilding & Dry Dock Co.—Backlog Over 50% Below Year AgoTotal this company during the three months ended aggregated $13,616,121 compared with $19,634,171 billings March in of 1950, 27, corresponding months of 1949, it was announced on May 1. company's backlog of work (estimated balance of major con¬ unbilled) as of March 27, last, was $87,456,180 against $186,- the The tracts 418,421 earlier. year a Of total billings of $13,616,121 in the 1950 period, billings under ship-building contracts accounted for $9,939,735 contrasted with $10,640,735 in the similar months of last year; ship conversions and repairs, $1,660,090 against $6,381,066; hydraulic turbines and acces¬ sories, $1,118,553 against $949,430; and other work and operations, $897,743 against $1,662,940. Employees numbered 6,788 on March 27, 1950, and 10,773 a year previous. The any period said. to reports income from long-term shipbuilding contracts percentage-of-completiqn basis and therefore such income for will vary from the billings on the contracts, the company company the on Contract billings and estimated unbilled balances are subject adjustments resulting from statutory and contractual pro¬ 171, p. 559. possible Niagara Mohawk Power Corp.—Proposed Project— 1 The corporation on April 25 applied to the FPC for a license for the operation, and maintenance of a hydroelectric project on construction, one of Total River in Saratoga County, N. Y. The Sacandaga River principal tributaries of the Hudson River. cost of the proposed project is approxi¬ the estimated construction mately $5,600,000.—V. 171, p. 697. Gross 1950 from Net from Net ry. From Gross Net from ry. railway 87,463 $697,286 123,968 33,923 2,189,493 472,592 2,191,813 424,GOT 143,717 2,131,880 398,107 104,935 413,659 141,094 railway p. $839,808 228,359 1947 1— income.— oper. 171, 1948 $757,158 173,431 60,830 2,154,132 income.— oper. Jan. from 1949 $745,035 156,486 53,861 railway railway 157,571 1463. RR.—Earnings— 1948 1947 1949 $"31,993 $857,322 $1,021,946 $882.«1G 393,010 405,519 4 62,694 383,288 168,618 177,300 207,799 170,706 Norfolk & Western Period End. Mar. 31— Ry. oper. revenue Ry. oper. expenses Ry.—Earnings— 1950—Month—1949 1950—3 Mos.—1949 $14,565,778 $11,866,629 $33,472,743 $40,262,244 9,728,348 9,507,421 26,971,471 30,207,021 1— Jan. 13.229,227 Gross railway railway cper. 264,227 4 1786. railway irom Net 1950 March— $6,193,609 1,779,431 income... 171, p. March— of 3% 140,293 *257,232 Norfolk Southern Ry.—Earnings— 1462. 171, p. 1,985,172 *83,643 *513,005 9.9%— Inc.—April Sales 6.1% Lower— . —^ New 1,922,102 6,734 *289,950 railway. Net is —V. 1,644,904 408 the Sacandaga Neisner Brothers, Period End. Apr. 103,312 "315,789 income oper. From 1910—16 Wks.—1949 $84,034,426 1462. 171, p. "113,539 1950 irom Net $21,246,667 $90,551,741 in 1949 to "72,259 1,517,280 railway visions.—V. from 653 36.423 "52,572 income— railway.. from Gross Manufacturing Co.—Further Data— number of stores increased 1^47 $698,032 44.701 York, Susquehanna Net of 1950—4 Wks.—1949 1948 $730,720 28,525 March— Eber.stadt & Go. Inc. and do not represent The offering will mark the first time shares of $23,363,650 1949 $559,675 57,109 $576,188 1— oper. New F. National Tea Co.—April Sales Increased Ontario & Western Ry.— Earnings- With SEC— placed $6,696,545 p. & Hartford RR.—Earnings- 507,873 railway.— from Gross Net 5%, 5'%% and 5%% serial first mortgage bonds, privately through Peters, Writer & Christensen, Inc., are dated Feb, 1, 1950, and mature $25,000 each Aug. 1 from 1951 to 1932, inclusive. The proceeds will be used to retire the remaining $56,126 of the RFC bank participation loan and, together with other funds and the new $100 par value prior preferred stock, to retire the $494,600 second mortgage income bonds by an exchange offer which has been accepted 100% by all second mortgage income bond¬ holders. The new serial bonds were sold at par.—V. 171, p. 1670. The recently 1,654,590 oper. 75,354 railway oper. ry. Net 2227. sidiary on March 31, 1550, including cash and government securities aggregating $2,788,620, amounted to $6,405,887 and were equal to approximately 4.6 times consolidated current liabilities of $1,383,811. The company's capitalization consists of $1,778,330 of funded debt; 44,000 shares of $1.40 cumulative convertible preferred stock, $25 par value, and 350,000 shares of common stock.—V. 169, p. 2531. $6,098,900 Jan. 137,022 29,153 1950 from From. Jan. of railway from from 560,963 169,218 171, p. 1670. from Net are railway— oper. Net —V. 1950 from from 677,218 133,802 $11,990,371 $12,709,494 $34,770,264 $37,709,097 9,820,210 10,023,591 27,609,260 30,491,778 income oper. ry. —V. EARNINGS Gross 717,101 202,858 153,473 1950—Month-1949 expenses Net specialty starches and starch products. The company's located in DuheJlen, N. J., Indianapolis, Chicago and San its Canadian subsidiary's plants are at Montreal, Quebec, and Toronto, Ontario. Consolidated current assets of the company and its Canadian sub¬ number plants 1359. RR. Secondary OfferingMay 3 publicly offered, subject to prior sale, $100,000 of prior lien mortgage 4^% bonds due Jan. 1, 1978 at 83% and interest, to yield 5.67%. "• Net 734,964 296,770 revenue Gross Francisco, Sales Missouri-Kansas-Texas & 50,834. March— have been sold to the public. The corporation is a leading manufacturer of adhesives, offering a comprehensive line of adhesive products used particularly in the fields of packaging and paper converting. The company also is a manufacturer of corn starches and has developed an increasing The Coffin 26,131 income— Net rev. from ry. oper._ corporation on May 4 filed a registration statement with the SEC covering the sale of approximately 125,000 shares of its common stock, $1 par value. The exact number of shares to he offered and the public offering price are to be filed by amendment. The shares are to be sold publiciy tor the acount of certain stockholders of the 392,126 income... income— 1—cn railway.. oper. 81,296 railv/ay oper. Pri¬ $323,122 156,178 railway...... from Net 1"47 1.076,063 Jan. from Net 1948 $374,949 railway—. 1949 railway.. oper. From Gross capital.—V. 170, Starch Products, Inc.—Registers National The 1950 from from 67,900 80,614 railway oper. "Deficit.—V. Period End. April 22—• RR.—Earnings— March— Net 1947 $208,329 64,392 income oper. —V. promissory notes due April 1, 1975 has been sold to a number of institu¬ tional investors, the corporation announced on May 5. The financing was placed thorugh Glore, Forgan & Co. and Harriman Ripley & Co. Incorporated. The proceeds Sales Gross 1948 $269,577 132,013 171, p. 1462, Net vately—An issue of $30,000,000 2.80% National Sugar railway.—— p. 1949 $244,711 145,477 New York, New Haven 20,809 537,165 1— railway. oper. 171, 1948 income Jan. Grqsjs.from 1949 $187,493 railway railway— cper. From -Earnings- 1950 from 5,477,684 Retired— Distillers Products Corp.—Notes Placed company financing. the company's stuck vaporizing MIRACOLD (glycol) The L:ttle M. D. will crystals, BENZOIN, eucalyptus and most other aromatics which until now have been considered impossib'e from 5,150,584 $288,391 Period End. Mar. 31— corporation has retired its long-term debt two years before J. C. Brawner, Treasurer, announced on May 3. He said the company prepaid the final eight installments totaling $1,263,157, plus interest, remaining of the $3,000,000 loan negotiated in 1946. The nroney came from current earnings, he said.—V. 171, p. 753. company, high temperature. Gross $9,930,976 $10,429,457 1— Jan. 555,899 National Airlines, Inc.—Debt 1,718,108 railway oper. $3,116,647 542,667 $3,340,361 1950 from From The for menthol vaporization without the Net $429,305 Connecting RR.—Earnings— Ry. for to vaporize volatile of exclusive Little I.I. The and MIRACOLD the priced glycol In arise. is capitalized is It is licensed to do business be licensed in other states as each). lc Washington D., Delaware, in (par D. Little The MIRACOLD, also organized stock corporation L'ttle $365,997 2,477,221 railway from Gross The $43, common State from years corporation, shares in of $143,197 1184. p. New York maturity, National The bank 3,685,018 $4,715,572 income.— oper, New York, mature T4,084,995 March— 1669. p. 1,534,756 1950—Month—1949 1950—3 Mos.—1949 $13,113,178 $11,435,143 $32,346,227 $33,936,667 8,397,606 8,094,782 22,415,251 23,507,210 Net rev. from ry. oper._ Net Louis Ry.—Earnings— St. — Ry. —V. 4J6.939 10,500,620 1670. expenses 667,966 income.— p. revenue $2,871,725 railway—. oper. 466,651 10,523,115 Chicago & St. Louis RR.—Earnings— oper. $2,949,271 683,194 285,722 railway irom irom ry. 14,652,57? 6,904,771 156,037 3,554,450 $121,999 —. 171, New York, 19j0, 1, xviay share 1950 railway ry. Net 5,245,243 153,330 540,293 Rv. Exchange recently ruled that the common Stock March— from 6,583,668 4,257,936 .... Net Net 8.068,903 7,859,415 from inc. Period End. Mar. 31— Nashville, Chattanooga & from 1954,644 1,943,970 income. taxes be not quoted ex the distribution until May 16, 1950, certificates delivered for exchange transactions after to and including these delivered for transactions of May 15, 1950, be accompanied by a due-bill from the seller to the buyer/—V. 171, p. 1150. Gross 3,301,273 1,785,834 income-— tDelicit.—V. 1950, 1, 2,472,102 —— 1,159,751 *Includes Federal inc. that May 4,309,140' 3,906,510 1,116,978 ■ ,fi Miracold, Inc.—Notes and Stock Offered— year facil¬ income oper. deducts, Net cents, all 50 and 4,519,591 accruals Record Sum to Employees' Co.—100% Stock Distribution— stecknolders Midwest $ v;"' .V-.v: 5 • 3,564,313 date. The 1950—3 Mos.—1949 V Fund— (The) Muter 1>50, lines) 59,704,790 164,465,456 178,756,603 50,641,775 148,254,849 152,831,036 4,601,991 13,258,741 13,547,518 52,506,889 Ry. common leased 60,615,560 expenses ry, Total participated.—V. 171, p. 1669. 15, RR.—Earnings— 1950—Month—1949 revenues income.. Other Motorola's 3,128 participating employees. These figures show a considerable increase over those of 1948, when $1,128,000 was transferred by the company to the fund, representing a contribution 01 S3.45 for every donar contributed by the 2,900 employees who Net Net 382,577 31,037 This sum represents a company Gross MONTHS 1948 1949 1950 March— 953,337 799,392 60,973 contributed by par company Minneapol.s 2. Net 37,167 Income— Profit Sharing record Gross 40,022 Motorola, Inc.—Contributes .May for 19,588 Misc. Tile 135J. p. 2,044,920 966,193 Equip, and joint ity rents. 1,117,850 255,623 __— income—_ oper, 9 V 4,655,196 4,183.795 railw j : from 1947 1948 1949 $1,629,021 414,5 79 2,259,559 854,327 oper. Ry, oper. "Ry. tax 1359. p. 2,109,710 972,288 784,896 oper. Per. End. Mar. 31— 1947 railway oper. 2,134,407 947,534 income— railway from (Including all $255,802 71,752 corporation transferred a record and Profit / Sharing Fund in May 4 by Paul V. Galvin, President. $1,626,306 railway from Net —V. 1948 Railway— 171, 308,212 $ $147,137 2,335 Savings Ry.—Earnings— 1950 March— Gross ry, —V. 330,741 171, p. Ry. This Louis Minneapolis & St. Gross Net 217,605 New York Central 1359. 1949 oper. income— From Jan. 1— from 211,583 1— now are office of City of 32,200 offering secondary 1979, 47,335 railway-—— from due $112,533 ry. Gross ry. 1950 railway from from Net series 3»/a% 380,477 railway-—— from Net $243,353 75,397 March— Net Net RR.—Earnings— Montour Net Canada—Offering Oversubscribed— Mining Corp, of The bonds, for temporary bonds at the Trust Co., New York City.—V. 171, p. exchange Farmers Gross From Jan. 1— Gross 12,156,534 6.192,614 Co.—Definitive Bonds Ready— mortgage first in 1947 $785,235 Jan. 47,742,531 —V. Monongahela Power Bank 50.481.872 9,459,458 3,913,344 50,702,691 10,898,970 5,374,694 1948 418,778 railway Net ry. oper. Income— 1462. p. available RR.—Earnings— 47,178,094 railway- 1949 $653,032 226,142 $857,469 239,431 1950 $660,567 railway from from From railway— from Definitive Midland Valley 1,890,753 2,149,367 1,897,389 Net 1— Jan. from —V. 1,577,160 Gross $16,397,330 3,993,251 income— oper. ry. $17,122,251 $17,755,769 $17,391,706 3,953,266 4,216,077 3.418,853 railway— from From 5.4% above the same period last year, with all classes showing gains. Operating expenses lor the 1950 quarter totalled $1,680,586, or 1.1% $89,196 of Gross March— 1947 1948 1949 1950 Marcn— Texas & Mexico Ry.—Earnings— New Orleans, Missouri Pacific RR.—Earnings— Inc.—Earnings— Mid-Continent Airlines, income 1359. 2,541,047 2,495,792 3.066,986 2,523,422 966,556 1,057,963 1.273,697 389,771 446,611 612,348 987,756 422,069 Net rev. from ry. oper.. Net —V. ry. oper. income 171, p. 1670. $4,837,430 2,975,825 $2,359,208 1,487,753 $6,501,272 510,055,223 3,788.134 6.218.168 Volume 171 Number 4905 The Commercial and Financial Chronicle ... § (1889) North Pacific Gas & Oil Co., Seattle, Wash.—Files— price, the The company April on filed 24 letter a notification of with the the SEC covering 250.000 shares of capital stock to be offered at $1 per ishare, the proceeds to be used to lease land and drill for oil and gas. No underwriting involved. -Y' \ '!!//*' .. due A, The May on additional received 3 authorization SEC shares of 304,500 its $10 issue to stock common par has Sales of outstanding stock of record at the close of business 3, 1950, will be entitled to subscribe to the new shares at $31.50 per share on the basis of one new share for each eight shares The Bights will expire SEC also May on announced sale of sale the debentures, property of of the of together additions and construction.—V. to that 3 the 171, stock common with treasury notes repay and at March— Gross Net ry. Gross Jan. be used for Company Net from Net ry, J consists * 1949 "1948 1947 1,567,676 1,583,509 2,374,528 744,506 672,381 1,649,687 28.717,436 railway 32,179,432 33,900,661 33.088,511 *1,112.997 766,795 3,786,540 *1,844,197 1,006,073 of 6,254,414 *2,937,424 income...' oper. 4,036,647 notified 3% that the 102%% at First option these bonds have operation Wisconsin the of March due plus of Trust Co., been fund, Payment will be 11 Broad St., New York 5, N. Yi or Harris Trust 115 West Monroe St., Chicago, 111.—V. 170, p. 888. made tures. sale Bids be the issue opened on redemption of 3%% Gross froth Net from Net ry, :/,■ . . June on debentures due Proceeds 6.. 1979.—V. from Net from Net ry. from 171, p. the 1571. 1947 $627,124 $678,431 18,186 $28,405 in name Ohio • In several 110,012 143,228 *88,632 22,054 65,333 The 29,000: for the pies, cakes authorized shares of 1938 in from - rank on and kindred 1,835,924 Gross to as the '' payment • - of stock *60.396 222,223 344,678 *278,531 *36,963 debentures for the of —V. >" principal the ^ 1967 to as In the Court at New $1.32 Common Norwalk The concern. Judge When most the on of them approval its Norwalk May of Carroll W. listed it form Aetna C. agreed of approved, was "It is statement to the fullest determine with to intention this matter, in this with trans¬ end that W. Wallace the assets Delaney, be may the conserved extent. It is quite impossible at this early moment to what might be the practical thing to do in connection Tire & Rubber Co.; that is, whether it may be not."—V. 171, p. 1263. j ' just the Norwalk operated or . Norwich Pharmacal Co.—Stock C. petition with the and liabilities, $3,534,056 connection with cooperate the to Eaton, shares President, of ferred the May on stock, series A ($30 value) par have been pur¬ at $32.50 per share through the exercise of sub¬ scription warrants under the company's offer to common stockholders of 50,000 shares of the new preferred on a May 2. on 1948 42,472 32 14,203 1947 The subscription period expired at 3 p.m. 31,601 22,038 8,602 Y $71,866 6,173 v 254,102 106,402 228,318 84,809 220,103 86,808 14,520 New York, offices N. for proposals mortgage the at company, St., Y., the bonds. 29,681 20,593 Y 30,995 COMPARATIVE - ■ of will Commonwealth to 11:30 from it up purchase Services, (EDT) a.m. of $58,000,000 on Inc., May of its ■ Ohio of $1.10 Edison ■ 89,007 dividend stock, of 97V2C — to Income INCOME 15. The declared were preferred into shares to are stock the in April tive 12 of 17,449,691 $1,347,896 $6,045^122 and on April 27 declared the 4.40% preferred The 894 SEC $1,347,909 $6,046,016 372,080 360,812 1,485,163 covering All of Executive ry. to $4,560,853 and 7.6%, respectively. Alstyne Noel Corp. is named selling price will be related to the payable 3.90% Oct. shareholders to 2 preferred s —k in substitution for Fublic Co. declared agreement Co. of Service in by respectively, 171, accordance The of merger approved April 27, 1.—V. and due March notes In or on part, or with ry: of which on Net oper. Other assets real 102 at before for or 15, interest Nell on 38.750 said on March located estate mately Net - 6,264,620 - Net income ; /( assets $3,017,525 for period—. of "For ■■ 7,733,103 • ■ 9,020,948 2,436,711 3*276,636 > 1949 1948- $819,872 *145,822 *566,170 *364,522 Y?"1-1'' 1,632,013 *1,294,621 *1,873,867 *1,026,082 *533,891 *449,028 *1,632,402 *1,191,148 *1,065,341 1947 $778,851/ ' vY *v < railway..__ income— oper. 1,973,694 *94,619 *301,303 2,126,870 2,315,163 :'Y Y: ,Y-'! Y 171, p. 1571. 1,104,604 299,167 Burrus T. previously as formerly was ';■/,;Y/.. ; , reported) who Beavers N. Vice-President of recently was becomes Chairman the of company. ;,;■/. Co.£ Inc.—Note Placed Privately—This a is corporation the of one leading manufacturers of cotton Philip Morris & Co., Ltd., Inc.—Registers With SEC— SEC > $100 share) share). $8,481,273 1,620.000 basis 3,240,000 ) Y restated in certain the to The record amendment. & Co., of stock common new date for subscription and common and purchase a by l-for-15 by Lehman unsubscribed Y - Y basis to be are on to as $5 Y 1 stockholders subscription prices headed value (par • - Underwriters will shares • offered ' a the supplied Brothers shares. and Glore, underwriting The are to be supplied by amendment. Froceeds of the financing will be applied substantially to the reduc¬ of outstanding bank loans, which amounted to $54,500,000 on March 31, 1950. In addition on March 31 there was $1,000,000 of commercial paper outstanding.—V. 171, p. 1787. tion $4.69 12 < be terms 1,620,000 $2.62 to as 333,077 • . stock-is preferred. $7,592,045 figures for the and per l-for-6 by on April 28 filed a registration statement with the 130,610 shares of cumulative preferred stock (par value company covering The 1,227,798 $9,023,093 $2,133,023 1949, have been Mr, Burns succeed to burlap bags. The $8,137,500 $1.32 (not Burrus 171, p. 1787. and 260,694 $2,268,478 certain B. has placed privately with institutional in¬ $1,500,000 31/4% promissory note, due April 1, 1964, through Kidder, Peabody & Co., it was announced on May 2. : $9,365,298 ' 3,240,000 comparison % pp. Y.v Y f ' y : ':</;• >; • ■ Y' 195,319,992 227,926,940 229,594,814 211,610,443 23,449,414 26,970.811 33,425,861 25,071,074 ' Perry Kent Bag 3,735,000 72,864 $0.74. of purpose any portion said.—V.: 171, corporation *.-• share— per The for A *365,733 President Folgan . funds. $657,912 vestors com. stock— com, general *408,053 *601,952 Board. —V. 21,703,955 $2,696,269 $10,847,187 427,791 1,824,094 499,127 $2,382,944 of earmarked reinvested, he "Y.;'YYYY1950 ; from The 3,700,000 . $2,623,404 $10,548,020 —$2,518,399 avail, the $612,429 George per Interest deductions (net) been not into been :,Y;;: >.'Y-YyyYYY: from, railway elected - 23,411,592 985,000 65,433 had sale gone c-/ . 5,502,787- $2,952,092 __ . Peoples Drug Stores, Inc.—Correction— 1950—12 Mos,—*1949 ; . 1,135,000 —_ income the at . •- income "Deficit.—V. $9,111,191 $37,659,612 $34,543,559 Fed. revenue. income Gross in months* instances. Phillips Petroleum Co.—Debentures Sold—The stock¬ ; their with Ohio record Public respective which with con¬ Service Co. Covert in 1955; each 24, and Middleport, which square are amounted of to withdrawn. become its time effec¬ March 15, 1952; and thereafter, at 101 until whole thereafter maturity, at The company Covert Ohio, and four floor purchased Baking Co. from <Ohio) 100; Arthur certain including various parcels of buildings containing approxi¬ The purchase price paid space. $175,000. As payment of said Balaban acquiring prices and such been p. acquired. stated shares that of its Accordingly will con¬ $73,772,100 of the debentures by May 3 when war¬ expired. The unsubscribed amount, $1,872,800 of the debentures, have been sold by a group the from time of underwriters led the corporation stock common in such amounts as the board bid up rants for the issue has of directors The " YY 1571. debentures share through May 1, Penick & Ford, Ltd., Inc.—Earnings— ^ 3 Months Ended March 31— 1950 profit and income from operations—_— Selling, advertising, gen'l & admin, expenses— The < 1,498,294 —V. $2,359,871 r . funds, 171, p. 1, by First Boston Corp. 1955 payment and profit Total income Net —V. of tax — shares per income outstanding : 132,125 371,610 $549,473 Federal a at $70 share per until the proceeds of the sale, together with bank loans totaling about $78,600,000. ■. Period End. Mar. 31— ' ''V"-; Earnings— 1950—Month—1949 1950—3 Mos.—1949 $8,318,276 $10,980,384 revenues- $3,245,327 $3,645,079 expenses. 2.589.734 2,912,601 7,265,169 8,871,891 "Railway, tax accruals- $947,643 120,017 336,776 — income 5,489 $1,006,271 Depieciation Provision for $942,154 9,239 (net). Yj-v ;; r stock $75 1,417,717 $997,032 __ income at of 1787. Pittsburgh & Lake Erie RR. Operating common thereafter " •• to into convertible -YYv will apply , company other 1949 $2,495,326 I960. are May 522,472 544,339 1,286,273 1,692,110 Railway oper; Railway oper." $443,908 738,000 share $0.74 738,000$0.60 • Equip. and joint facility rents Net Other — Cr538,746 Crl.695,695 Crl,815,144 Cr555,191 income-i. $688,312' $726,885 $1,462,529 5,828. railway oper.1 inc. 13,047 28,881 52,081 $739,932 $1,491,410 $2,283,608 201,169 $2,231,527 171, P. 1360. and case. 1950, of had Gross Earned a Mr. policy at Miscellaneous as shares of direct.—V. 171, may Number situated feet number on of before in such been tinue shareholders will merger 2%% Barney Balaban, President, on May l announced that pursuant to bid placed by the corporation on the New York Stock Exchange April 13, 1950 to acquire 500,000 shares of its common stock, to 3.90% provision a subscribed to over 97% of the $75,644,900 of debentures recently offered by the company, ac¬ cording to K. S. Adams, President. The stockholders took Corp.—Acquires y500,000 Shares-r- oh of accordance Columbus, Ohio, is trustee. to redemption on 15 days' notice March Paramount Pictures dividends the shares 1786. p. Bank subject are accrued Covert, Gross Co.—Earnings— 1950—3 Mos.—*1949 taxes*.—..* income reinvested ... , selling commission.—V. 171, p. 1786. Prov. for Fed. inc. taxes be Gas Texas railway ry. the principal underwriter. 'The current market, and the under¬ $10,351,712 before the , From Jan, 1— as Panhandle Eastern Pipe Line exps. •' ; - railway——_ oper. income—_ Net. ry. This offering does not represent new financing.—V. 171, p. 1360. Oper. * questioned 1571. from Net : $110 per share. revenues Gas from the Gross in V railway..— oper. - Net Pacific Telephone & Telegraph Co.—Stock Offered— Blyth & Co., Inc., on May 4 publicly offered, subject to prior sale, 10,000 shares of common stock (par $100) at Period End. Mar. 31— invested railway—— 171, p. Gross the 15, 1956. National PURPOSE—On W. 12% a ' ; meeting, Pennsylvania Reading Seashore Lines—Earnings— 25.3% writers will receive Y 7 . annual $4,154,218 is Van • « frOln from on Vice-President, v Inc.—Payment of Preferred . From Jan. 1— ' selling 20,000 of his holdings of 44,760 shares. Their present holdings constitute 43.6 % and 13.8%, respec¬ tively, of the outstanding shares. The sales will reduce their holdings of $1.10 declared on the 3.90% preferred shareholders of record June 15, and a was — The the by two selling 60,000 27%% . : 1947 s Y r , 1950 v ■' 1949 \.'-i' ■ 1948 ' f railway _'$72,808,838 $74,530,917 $77,883,945 $74,739,952 railway—!. 11,752,580 11,896,167 8,441,091 11,578,470 oper. inccme___, 5,103,67 3,928,510 272,616 4,806,267 Net 1,308,747 $987,097 • Co.___ & of .... from Net $5,462,965 . , rights from 24J. , April 28 filed a registration statement with the 80,000 shares of common stock, $1 par. shares are now outstanding and are being offered for selling stockholders: Adolphe A. Juviler,- President, is of his holdings of 143,000 shares; and Percy L. Schoenen, sale quarterly a Valley Baking Co.—Notes Offered The Ohio Company in April publicly offered $75,000 of six-year 5V2% subordinated notes, series A, dated March 15, 1950 Ohio Walker , namo of ■ recent had already .< Net • . $1,170,519 - a-j, ... corporation End 15, and a quarterly dividend shareholders of record Sept. 15. Ohio The H. G. exercise employees: < the but has 363. Gross $5,462,724 13 "y'YYY,;.YYY ',-Y June Ohio were Edison May on by the holders Pennsylvania RR.—Earnings— 18,484,176 -$1,542,599 — at Texas purpose funds March— 4,482,192 . the from these and Olympic Radio & Television, Inc.—Registers With SEC payable be issued The of dividends Ohio and the to tv.:;7 ' originally sum particular of 1950—12 Mos.—1949 ' 749 1786./ 171, p. Earnings Sept.l.4 tained certain officers to stockholders, the —V. 16 the agreement of merger which will become effective May 1, 1950. The directors also declared a dividend of 50c per share on common stock, payable June 30 to shareholders of record June 1, and a divi¬ dend of 50c per share payable Sept. 30 to shareholders of record These for severally opposite offered W.* Kirkpatrick, Vice-President and Secretary, stated in answer question by. John G. Rhoads of Wilmington, Del., that funds a ACCOUNT $1,541,850 deductions..... 20 stock, share July i to dividend of 97V2C quarterly offer pi 1571. received 4,638,306 . — period ended March. 31, —V. 171, p. 1463. v- Co. on to per payable Sept. below be subscribed be Stanley & Co.— 45% & Hicks—!__ 27Va The that $6,180,156 >$5,830,088 $24,529,298 $22,912,415 ' . 'revenues._ oper. income Gross, income . share per share, payable Oct. 2 A under the Net Net Other first •; >;.■ July l to holders of record per forth to have below holders The. directors of neither 100,000 sha.: 305,630 shs.. 400,000 shs. set shares v 80,000 shs. * named management's discretion. 1950—3 Mos.—1949 Operating revenues.... Oper. expg; & taxes...:. Shares Declares Four Dividends— dividend shall as the 990,000 ,. management regarding payment of arrearages on preferred dividends. One stockholder suggested Ythat all profits from the sale of Texas Gaa Transmission Corp. stock be used to pay the preferred arrears, but 1360.V'"^"^Viir^ stock Ohio Edison Co.—Bids for Bonds Invited— receive stock percentage of Pennsylvania Industries, ; 235,293 income... 171, p. Earns, Pine stock.:. underwriters -■ 1,500,000 $1,500,000 400,000 shs. $25). (par Arrearages Sought— An underwriting group headed by Hornblow- publicly offering 5,425 unsubscribed shares of 4.50% preferred stock at $33.75 per share plus accrued dividends. See offering in V. 171, p. 1670, The '■ V $81,362 Y .> railway..."! railway...... ; v oper. . & Weeks is er stock the Outstanding. $3,126,000 a!-- notes due Sept. 28,'50) underwriter, —V. 171, Subscriptions—Melvin chased l-for-16 basis. , . „ due bonds, 3'/e% series, due 1, 1967)— to purchase each por of The company at its office at Room 1540, 15 Broad St., New York, N. Y., will up to noon (EDT) on May 35 receive proposals for the purchase from it of $17,500,000 of first mortgage bonds due May i, 1980. "y^y'V V 3 announced that 43,210 cumulative convertible pre¬ 4.50% new series cumulative .preferred stock.... stoCk (no par Value). Y common Earnings— 1949 18,418 ' Ti: .. y.Y my in of of . trustee reorganization a assets of Weismann, the following Corp., made action.:;,, territory. , Oklahoma Gas & Electric Co.—Bids for Bonds— corporation's bid Hincks the force 3 '/s % preferred 'March— unsecured claims, of $2,228,898. Pending company will continue to operate with 250, a spokesman for. the company said. Chairman of the Board of Aetna Industrial purchase working filed company 1949, In the the current Walter 20, $5,» year. rapid growth in the demand a company's 1975 1, UNDERWRITERS—The T. Haven, $2,550,000. Court the $1.00. cumulative preferred Morgan $95,403 income NCjt income District which by Dec. Cumulative payment event (due Bank loans (2% •' company • $72,131 from ry. 1350. the concern, estimated to cost approximately budget for the present company's necessary Authorized First mortgage Mid¬ '•'■"/v*'.",K 1 of and 132,119 Conn., on April 27 approved the sale of this company to the Aetna Industrial Corp., of New York, subject to confirmation by creditors and holders of stock and in bonds, mortgage 1975 v< due Dec. tpar V 1950 • railway...!... from Net 1,620,416 *20,265 States the " * First goods products.' Chillicothe parity with the series A notes a railway oper. Net —V. United in made was telephone service ,V ' 1949. baked of Norwalk Tire & Rubber Co.—Sold— The construction ago, CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING $45,188 * • as'Holsum title sale in capital common-stock ; > and bakeries operates 12, present production pastries, and *• from ry. ' 1,701.528 271,123 p. . , an scheduled is expansion Gross —</:,'YY: 2,026,306 income 171, years 700,000 . be used by the company for general corporate betterment and expansion of plant and facilities. improvement and expansion program undertaken, including furtherance of 74,188' ' > ■ , PROCEEDS—Will purposes, " $959,287 V , 46,591 April on changed to was in $592,566 *7,712 54,965 railway.. "Deficit.—V. 1948 161,130 railway oper. 14,393 Period End. Mar. 31— 1949 $787,972 railway > income—.- oper. From Jan. 1— Gross 1950 . railway.... & 31 1946 $1,306,100 ; , •>'' From Jan. 1— ; < Northwestern Pacific RR.—Earnings— March— DEC. 1947 $27,911 > 5,250 March— Net & Savings was will for are •' at expected to file last Friday a registration state¬ the proposed sale of $60,000,000 of thirty-four-year deben¬ for ment the owns notes Net Northwestern Bell Telephone Co.—To File Registration Statement— / K; \ The company now of B Gross 1, Chase New York, Bank, June on trustee, Milwaukee, Wis., or at the National Bank of the City of The at l, 1979 are being drawn by lot for sinking the interest. accrued holders, offering is being by Morgan Stanley & Co. and Coggeshall Hicks, together With G. H. Walker & Co. underwritten Coggeshall bonds of through YEARS ENDED ^31,990 . Oklahoma City -Ada-Atoka Ry. mortgage $100,000 redemption, next, first and liquidation. Northern States Power Co. (Wis.)—Partial Redemptionof taxes.. -interest ^ and "Deficit.—-V. 171, p. 1360. Holders 41A%" $1), all of which are* issued and outstanding. The outstanding funded debt of the company now consists Of (a r $119,000 of 12-year '4Va% first mortgage sinking fund bonds due Jan. 1, 1958; ib) $75,000 of six-year 5l/2% subor¬ dinated notes, series A, due March 15, 1956, and (c) $100,000 of. 10-year 41A% subordinated notes, series B, due March 15, 1960. The sfeties railway 19411 42,304 CAPITALIZATION—The 1— from Co. dleport, Ohio. 426,400 - FOR ; • Company is engaged including bread, rolls, financing temporary as 934.004 • Certain officers and employees of the company may sub** scribe pro rata at the subscription price to common stock not taken by the stockholders. The notes, va) are the notes which sellers of the assets and are $1,485,629 COMPANY—Incorporated $11,266,344 $12,482,497 $11,786,010 $11,500,698 : income. oper. From * railway railway.-. assets, ten-year 84,151 . .. / proposed - 1950*.. from from its $52,161 income Baking the Northern Pacific Ry.—Earnings— Net said of subordinated under the INCOME OF Net income filed competitive of will funds, issued has company 1670. p. above from Federal income on Federal sellers $1,583,763 before taxes ; the 5'A ']o 22. May authorization to on an application for issue and sell bidding $40,000,000 of serial debentures due 1953-1970. ^Proceeds (net) Income Holders , to 1949 May to six-year , STATEMENT its stockholders, they held. referred purchased and to delivered its being offered. CONDENSED company an of notes A Co. now Northern Natural Gas Co.—Offering Approved— The sell and 15! 1956 and (b) $100,000 of notes, series B, due March 15, 1960. series Ohio the notes i March subordinated The issued $75,000 company following:-"(a series purchase Total Peninsular Telephone Co.—Offering to Stockholders Underwritten—The company is offering to holders of its common stock rights to subscribe at $40 per share for 50,938 shared of additional common stock (no par) at the rate of one share for each five shares held 1950. The subscription warrants expire on of May 2, May 16, 1950. as Misc. fixed Net *Incl. —V. income !, - inc.. charges InCome Federal inc. 171, p. 1360. $694,140 ' taxes 302,020 573,663 3,429 26,882 9,821 $529,840' deduct, from Total $535,334 $1,162,508 $1,700,124 325,119 ; 328,077 714,488 1,041,187 155,940 8,360* 5 10 The Commercial and Financial Chronicle (1890) .. Monday, May 8, 1950 . ( Pittsburg: & March— Gross from Net from Net ry. 1950 1949 $246,551 railway— 1947 $202,586 $191,315 > 114,226 income 29,130 68,386 79,576 100,045 ^ 29,304 41,392 66,517 From Jan. 1— Gross Net from from Net ry. 464,185 income oper. —V. 171, p. 492,414 670,799 566,537 146,477 railway railway 109,919 225,184 219,529 133,982 1433. : v. . , / PROGRAM—The company's construction current an£ Pittsburgh West Virginia & March- . Net from 1949 1948 $688,526 $688,994 $538,007 136,245 230,905 235,491 153,265 109,163 162,044 159,700 114,128 1,707,028 2,171,520 1,946,606 1,504,437 railway— From Jan. 1— from Net from Net ry. —V. railway 171, 333,129 636,721 616,686 376,471 266,509 income,— oper. 435,541 434,052 by company, the business on approval the Securities by sinking 27/a % 9, Co.—Rights to Subscribe— of authorities, effective and the making of stock of record at the 1933, common later date such or 1950, believes that no $750,000 of its 1979. due Payment redemption date, June on 1, 1950 the June 1, 1950, at the Fidelity Union trustee, Newark, N. J., or at J. P. Morgan & Co. Incorporated, St., New York, N. Y.—V. 171, p. 1671. on Wall 23 which on such offer close current and 'Total of Co. of •Including provision a April on record of on This dividend 28. 15. May The payable June 1 to shareholders is previous quarterly rate 40 was cents certificates delivered after the record date as finally fixed by the com¬ pany must be accompanied by due-bills.—V. 171, p. 1787. ,0 Months Ended March 31— net tEarnings per - profit share on stock common $5.08 this issue Curb removed was Exchange May on unlisted from trading Of March 31, „ , , The full redemption price is payable at any time at the office of & Webster Service Corp., Boston, Mass., or The National Bank Commerce of Seattle, Seattle, Wash^—V, 171, p. 1671. office crued interest. The bonds 1, 1960, the Merchandise the to writing group at competitive sale May 2 under¬ 171, its Merchandise Chicago 170, bid of a Other bids submitted for 2%% a interest rate these on bonds were follows: First Boston Corp., as Bros., 100.339; Kuhn, Loeb & Co., and Lehman Morgan Stanley As Co., and Drexel & Co. (Jointly), Union Securities Corp., and White, Weld & Co. (Jointly), 101.24; 101.17; and 101.14. i Under terms of. the outstanding, each the April offering, Chicago sales 106. p. will company 25 commencing in $260,000 principal amount of the new bonds following May 1 at the special redemption price then in effect. The bonds new will be subject to redemption prior 104.75% to regular of mortgage bonds, 3V*r/(> series due 1966, Operating Other at 103% and GIVING about or refunding accrued EFFECT TO PRESENT prior lien bonds due prior lien bonds due 1953 1954 ♦ 5% prior 1955 First 3 lien and 3*/®% bonds refunding series lA% due due 1968 for for due 171, due §50,000,000 15,000,000 15,000,000 75,000,000 26,000,000 J127/®% series due series due 5% due series 2037 due 2037 Amort, of 1963 50,000,000 3998 1962 Unclassified $1.40 mortgage first (no stock •Closed for of series (no the com. par) reserved of bonds tUnlimited company. former or at Dec. common by the **6,056,458 shs. **5,510,133 shs. first Stuart & except as tlncludes 31, parent. 1949, tt6,662,103.1 shares for conversion underwriters Co. lncv Adams named Peck ..... J. Barth & Co Bear, Stearns & Co.___ J. C. Bradford & Co... Burr & Co., Inc Byrd Brothers Lee W. Central of K W. Clark & Co 250.000 Bodine___ Equitable Securities Corp ;_ & Co... Hill & Co.— taxes income $18,945,231 $9,804,083 $9,631,498 7,709,000 3,872,000 3,867,000 $5,932,083 $5,764,498 taxes __ 788,201 common 788,200 788.200 stock_______ $10,448,030 $5,143,883 $4,976,298 $0,371 $0,358 share— common $214,932 in foreign 1950 $0,753 . and $200,000 in tBased on subsidiaries. 1672. ' ' 1949 dividends 13,881,016 the 1950 1949 $6,603,156 $7,212,013 5,967,315 5,333,300 54,600 ; 30,000 722,000 $1,097,052 $1.60 $5.66- 193,676 shares outstanding at March 31, 1950.— RR.—Earnings— 1950 1948 194? $603,194 *43,256 122,045 $479,91? *31,785 *22,957 *93,112 66,312 *88,852 1,283,646 *23,717 1,342,362 1,482,052 *168,609 64,827 1,376,9«5 *152,022 *166,818 *318,289 *87,273 *326,178 $483,308 - income oper. •Deficit.—V. ' 22,098 - • railway railway from 1949 $456,468 railway from ry. 5,061 190,000 171, p. 1464. > St. Louis, Brownsville & Mexico Ry.—Earnings— March- ry. railway railway from Net 1949'" 1950 from Net $1,252,343 232,222 1947 $1,995,222 226,692 670,060 income oper. 1948" $1,264,312 $1,881,681 731,498 Gross 109,080 141,001 364,670 322,065 4,085,714 4,261,247 5,989,415 4,891,511 908,673 846,633 2,198,834 1,683,920 381,499 from railway Net from railway Net ry. oper, income —V. 355,321 1,141,658 786,179 171, p. 1395. St. Louis-San Francisco Ry. IQSH from Net from Net ry. railway railway $9,617,168 Gross from ry. 1949 1948 1947 > $9,299,759 $10,921,436 1,517,657 2,635,625 1,246,556 1P4R 194? . $8,660,246 1,662,433 1,890,535 1,303,331 1,705,544 v> 875,144 789,854 896,553 25,633,107 25,928,354 26,615,507 24,504,922 _ 5,064,467 4,214,784 4,029,586 4,800,861 income 2,513,311 1,969,912 1,777,850 2,222,004 2,418,0601 railway railway oper. 171, 1572. p. St. Louis-San Francisco & Texas Ry. Gross Net -Earnings— ,/ 1950 from 1948 194? $369,491 $383,940 $348,427 64,899 106.271 93,891 105,886 26,688 43,987 35,829 41,015 908,582 1,065,151 1,066,417 976,664 187,053 267,462 225,053 8,284 railway^ ry, oper. income 1949 $306,716 railway from 90,833 64,219 261,816 96,859 From Jan. 1— Gross from from Net ry. —V. railway railway— income___ oper. 171, p. 1395. St. Louis Southwestern oper. Ry. 2,221,915 1Q4Q $9,306,459 income oper. from Net —V. Ry. ■I $9,731,834 -Earnings— $9,067,015 from shares.— T/ 1950 railway Incorporated 150,000 The & Wm. 150,000 II Co of E. Pollock Federal 1,196,072 29,307,407 30,732,461 5,834,380 2,420,957 28*248,410 6,734,052 3,323,932 106,182 county Other 1,209,960 1950—3 Mos.—1949 $5,751,051 3,283,587 114,864 334,903 127,716 410,454 123,714 362,790 359,426 723,700 1,175,408 1,568,325 $3,422,876 expenses and Federal ■ taxes income $13,819,816 $15,654,546 9,058,625 9,954,061 city taxes 2,620.502 671,283 Ry.—Earnings— 1950—Month—1949 $5,072,796 revenues cper. State, $9,928,645 & F. Rothschild Co. William R. Staats Co Walter Stokes & Co.__ offered at No taxes__ 349,858 ning & 250,000 Wheelock 400,000 Co. Weeden & Co., Inc._. 150.000 Kean, Taylor & Co & at Since the the letter of notification a A cumulative and proceeds stock rate same be for working capital. are it did during the first quarter of the year. consuming industries, such as automotive, elec¬ construction, are at or near record peaks we can expect of high our levels of operation during the second cash tion to on May 3 be redeemed tion stockholders —V. 170, Harold E. Wood & Co._ 150,000 Gross 84,113 inc— $1,176,917 $1,494,615 $2,980,605 $3,506,989 ry. oper. oper. 229,604 246,813 737,513 $947,313 $1,247,802 $2,243,092 ; inc income- 781,824k $2,725,165 24,840 24,341 84,133 71,152 $972,153 income Deducts, from $1,272,143 $2,327,225 $2,796,317 inc. 142,684 155,424 437,884 462,689 $829,469 gross —V. income $1,116,719 $1,889,341 $2,333,628 171, p. 1788. Sacramento Northern Ry.—-Earnings— March— Gross they planned to would be determined the on opportunity or before of May by lot. drawing shares by lot for redemp¬ thereon tending 24 at it will their $107.50 offer Net ry. plus its March- from ry. & oper. From Jan. 1— Gross Net Net from from —V. ry. railway railway oper. 171, $2,224,096 685,011 476,379 254,653 179,871 income p. income 1464. V \Z y *: •. *45,891 *37,490 436,344 390,455 49.072 *138,141 *77,255 *100,943 *210,929 *162,728 *171,623 171, p. 1186. Safeway Stores, Inc.—Domestic Sales Lower— 1950—4 Wks.—1949 $ voluntary Canadian Domestic sales 82,854,939 sales____ 7,937,534 ' $ 1950—16 Wks $ -1949 $ 86,561,321 326,111,474 347,595,83; 7,245,691 stores in operation at end of period stores in operation at end of period 29,990,679 27,476,56; 1,986 2,07j 136 137 171, p. 1672. RR.—Earnings $2,041,896 railway *42,894 439,121 *20,001 income Period End. April 22— dividends. 1948 .. railway railway ♦Deficit.—V. accrued Potomac *11,609 *19,892 railway oper. Domestic 1949 1950 from from Canadian Richmond, Fredericksburg 1947 $139,514- *18,774 From Jan. 1— preferred 1401. p. 1948 $159,776 *17,538 471,255 income oper. 1949 $166,477 5,002 railway railway. from for shares 1950 $149,727 from Net —V. ry. 100,000 92,515 r, ry. Net company stated that before and issuing compulsory calls Cummins, j._U—- from Net announced retire, from on hand, 25,261 shares of the 5'/*% cumulative preferred stock June 30. There are now 85,261 shares outstanding. The redemp¬ price will be $107.50 plus accrued dividends. Shares of stock Net 600,000 Net Gross • directors from 200,000 $1,464,840 29,775 $2,888,090 34,060 oper. Non-operating to Partial Redemption— The Net 600,000 ry. $1,142,857 income oper. With the SEC preferred important continuation quarter." 200,000 300,000 Co.___"'' Total Net Gross 150,000 ry. underwriting involved. retirement 1,200,000 income oper. income ($100 per share). The par Ry. Other Deducts, The 150,000 Watling, .Lerchen 3,067,770 , The company on April 28 filed 350 shares of 5% class 400.000 Thomas & Co Inc. i,2oo!6o6 & Inc. Smithers & Co 400,000 **' G. H. Walker & 4,935,535 '2,084,197 300,000 600,000 Fairman 2,221,034 covering next Co., & p. 1572, ' 4,080,502 —Files With Securities and Exchange Commission— - F. S. 2§0,000 1,200,000 Co.___ 25,115,251 income Realty Mortgage & Investment Co., Albuquerque, N. M. a 400,000 Robinson railway____ railway—,i__ oper. j-^71, tric, 100,000 Sills, them & Inc. L. to 100,000 Patterson, Copeland Kendall, Inc Phelps, Fenn & Co 1,200,000 from from ry. 400,000 Mullaney, Wells & Co._ Homer O'Connell & Co. ft. H. Johnson & Co _ 139,117 severally & Co._ Otis 1,200,000 Haupt & Co 346,800 $11,236,231 Federal dividend from Net 100,000 Milwaukee Harris, (Inc.) 375,000 200,861 Revere Copper & Brass Inc.—Improvement Over 1949 Pierce, 300.000 Gregory & Son, Inc.— Harris, Hall & Co. 375,000 C. Donald Dallas, Chairman of the Board, on May 2 reported: "Revere's business in the first quarter of 1950 was a little better than it was for the same quarter in 1949. Current business is run¬ Beane____ $1,200,000 100,000 1 200 000 ■____ operations of From Jan. 1— common aggregate 01 100,000 Anderson 1948 dividend aggregate Co. The Green, Ellis & Ira sell an R7C. Miller- Humphrey Co Hayden, stone & have to 800.000 250.000 Clayton Securities Corp. DeHaven & Townsend, & 250,000 1,200,000 Co. 1 & of $1.40 below Lynch, Fenner E. W. & 200,000 Republic Crouter 250,000 400,000 Carroll & Co- (Inc.) Este Merrill $6,900,000 & income from Gross and refunding provided in said agreed to purchase, and the company has agreed severally, in the respective amounts set forth below $26,000,000 principal amount of new bonds: ' Halsey, for p. Net stock. UNDERWRITERS—The ry. Gross 325,758 railway Net ry. oper. income $5,000,000 principal amount and held by the company. §Includes principal amount authenticated by the trustee and held the company. IIThe indenture provides for sinking fund payments, commencing in May, 1950, to retire $750,000 principal amount annu¬ ally* **Outstanding or Issuable in exchange for scrip or for securities predecessor to . — March— -iV $127,369,550 $92,327,827 $88,053,297 105,627,536 80,500,532 76,738,712 2,096,025 1,447,351 1,197,170 March— Nec by a 171, Gross $11,596,000 preference elected $310,841 the Per. End. Mar. 31— **58 shs. 20,000,000 shs. issuance and stock ' 1949 . Reading Co.—Earnings— 250,000 shs. 6,056.458 shs. refunding mortgage, authenticated by the trustee of theatre ___________ March— stock part. further all of —; share. on From Jan, 1— Net before 'Including 249,942 shs. preference (cumulative) TTCommon to as 1950 : ___ tEarnings per 250,000 shs. — dividend charge . railway., oper. income Net 58 shs. series been From Jan. 1— series 4.08% : (& Domestic Subs.)—Earns.— ——_— Balance for 372 000 in expense from Net **18,195 600 due 18,195,600 372,000 .7% $0.50 '.C.-'K operations $126,986,873 $92,014,705 $87,895,060 incl. interest & div. 382,677 313,122 158,237 Net income 49,000,000 due also $467,337 $0.54 patents and patent rights Interest 7,537^800 7,742,900 due bonds » 25,000 359,000 $500,568 Total income 15,000,000 bonds Cum. pfd. stock ($100 par); 389,674 26,000 342,000 tax. 75,000,000 debenture (5%)__ tax share. wholly-owned debenture debt $1,241,012 369,327 _« income Cost and expenses V. 6% long-term $1,202,675 \ 38,337 $1,188,948 : $1,237,895 income Federal 'Other income, 15,000,000 3% Misc. 1,156,364 ___■ Quarter Ended March 31— 7 462 900 1980 series 8,744,184 1,297,751 Gross income from 26,000,000 1979 23/4% ' 8% $11,103,223 8,523,652 — Radio Corp. of America 10,000,000 _ 1972—_ sales)— $11,010,351 depl.) expenses & general 1464. p. Preferred 50,000,000 1970— series deprec. .. _ State Net profit Earnings per t-V. *! 157,000 9,040,500 ; series 3% of 48,947 income Provision 1,652,000 ft' *$55,000,000 3% , income Provision ,t 1965., due series bonds: inter-company and Depreciation and depletion $9,298,000 • L- mortgage has From Jan. 1— Outstanding » 5% than 1949 interest. FINANCING Authorized 5% 1950 income Total Balance CAPITALIZATION of (exclusive administrative Depreciation be applied toward the redemption on $26,000,000 principal amount of first and the the maturity at 100%. Special -PROCEEDS—Will 14 on less 2066. p. from Gross to redemption prices ranging from redemption prices range from 101.75% to 100%. July (exclusive sales of Selling, so sufficient to retire be taxes per Rutland Gross t long as any of the new bonds are be obligated to pay to the trustee, on 1951, for a sinking fund, an amount will March— general Plaza, Quaker State Oil Refining: Corp. (& Subs.)—Earnings Provision on 101.27%. board, the earnings Net Mart moved company Mart, Quarter Ended March 31— on awarded were of 4— debt •Calculated Net Cost May 3 pub¬ licly offered $26,000,000 of first and refunding mortgage bonds, 2%% series due May 1, 1980, at 101%% and ac¬ Chairman ana income Net , Net Halsey, Stuart & Co. Inc. and associates 9.89% were 2214. 105,000 and Net May The to 54, 111.—V. as 1950.—V. 171, p. 1787. p. President, to fill the vacancy created by the resignation Kingsberg. Sol A. Schwartz has been elected Executive other income •Earnings , $3.48 Public Service Electric & Gas Co.-r-Bonds Offered— 1950 169, Depreciation V. v Stone of Effective periods 1949.—V. Cost of goods sold the New on 2. income outstanding 1,223,051 other- taxes. of Three Months Ended March 31— Net the outstanding $5 prior preference shares have been redemption May 31, 1950, at $110 per share plus accrued * After provision has been made for United States and foreign taxes of $29,100,000 in the 1950 period. tCalculated for both on the basis of the 9.615.000 shares of common stock and quarter all for York 1949 $49,004,168 $33,581,613 of Sales and Interest Quaker Oats Co.—General Office Moved— 1950 - ; . first quarter of Depinet, Vice-President Puget Sound Power & Light Co<—Calls Stock— Since called Procter & Gamble Co. (& Subs.)—Earnings— 'Consolidated for Federal the 1,367,434. 827,077 company and subsidiaries.—V. 168, p. 2691. Gross • first 6,013,521 2,274,438 . per $1.60 on an annual basis.—V. 171, p. 1752. or dividends, Exchange directs, subject to the offering being made, that the common stock be not quoted ex-rights until further notice and that all E. Malcolm Federal for common The during the the office Indiana, Inc.—Div. Increased— quarterly dividend of 45 cents per share on the com¬ (equivalent to an annual rate of $1.80) wa$ authorized by stock share, registration be¬ shortly, before the offering is made. 5,444,063 securities liabilities current for 69,000 $92,286 assets government Shipments those 90,000 7 $108,420 Rotary Electric Steel Co.—EarningsService of for each $161,286 RKO Theatres, Inc.—New Presidentthrough the first and refunding mortgage bonds, will be made at 101.23, plus accrued redemption for 1949 $198,420 _ this construction program. to complete Trust Co., directors regis¬ an effective, shall have the right to subscribe, on or before May 25, stock, of $10 par value, to the extent of one share five shares held. The subscription price is to be determined comes called of fund series mon regulatory Act holders of May company : profit Ned Public upon under The 1951. 1950 taxes for Fed. income and State franchise taxes Cash 280,905 Potomac Electric Power Contingent during necessary has Payment of tration expended the the major portion of income Total Redemption— Company 1360. p. be will be Partial interest, railway before Net 1947 $636,737 railway—_ Net ry. oper. income— Gross will financing 1950 from Gross balance Ry.—Earnings— Profit Prov. ■ CONSTRUCTION Inc.—Earnings Show Improvement— Quarter Ended March 31— refunding program, as of the 1949 year-end, anticipates the expenditure of $58,908.000. Of this total, the company estimates that $42,000,000 has been or will be expended during 1S50 : Rilter Co., securities new and 174,928 126,358 106,048 FINANCING—During 1949 the company sold $100,000,000 consisting of $75,000,000 principal amount of first mortgage bonds, 27/®% series due 1979, and $25,000,000 par value of 4.08% cumulative preferred stock. During this period, the company retired, or provided for the payment of, $73,382,000 prin¬ cipal amount of obligation consisting of $34,382,800 principal amount of prior lien bonds, $18,000,000 of 1%% bank loans, $20,000,000 of 2V«% bank loans, and $1,000,000 principal amount of 3% debenture bonds due 1963, the last having been retired through operation of the sinking fund. ' 7 of 1948 $150,903 railway oper. RECENT Shawmut RR.—Earnings— \ $2,383,799 587,348 214,254 1947 $2,324,819 855,984 389,611 San Antonio Uvalde & Gulf March— Gross Net from Net ry. - '* RR.—Earnings— 1950 oper. 1947 $286,789 $295,739 *2,512 2.957 19,692 *53,393 income 1948 $273,966 20.790 railway railway 1949 $288,659 from *67,768 *90,877 *51,850 From Jan. 1— 5,833,310 6,42L618 1,792,653 1,061,115 672,275 249,796 . 6.840,983 6,479,737 1,727,409 2,083,727 617,469 872,609 Gross from Net from Net ry. railway railway oper. •Deficit.—V. 796,884 171, 849.711 830,616 744,354 32,560 p. 1395. 51,966 11,997 *66,230 *192,433 income-- *159,736 *225,662 *266,275 Number 4905 Volume 171 The Commercial and Financial Chronicle .. . 11 (1891) m < He of Shea, York New on ten-year mortgage—V. a 171, p. 466. is under now construction. Expenditures Air Line Seaboard RR.—Statement of TEarns. per ♦After capital minimum of stock common be would 81c $1.44 A $1.93 for sinking; share per on 1949, and three the fund interest. of —V. 171. called sinking bonds. Payment City . New York, tEarns. per ♦After stock $1.29 share com. charges $598,446 $0.85 taxes, tBased 171, Net series be p. $2.49 $3.76 shares 700,700 ry. trustee, 43 of Gross Seattle Gas from ry. publicly offered, subject to prior sale, $150,000 of first mortgage 3%% bonds due Jan. 1, 1976, at 102.75 3 and interest, to yield 3.50%. V. 170, Seiberling, President, and his Seiberling, father, board P. A. changed —V. railway 171, its bylaws resigned permit to Chairman as fill to person one Feb. / 1 ry. 105,810,530 Net from Net ry. offices. both that —V. 2,633,310 8,229,677 Seismograph Service Corp.—To Redeem Debentures— The directors the to $622,000 with of action the the end at additional an The $800,000 of company's of the redemption debentures. , 1947, 1949 through board retired the Originally had issue regular sinking by call in May 15, on 1950, reduced this of of year. totaled The all The shares of stock,—V, 171, common 364. p. The SEC company covering proceeds April on filed 27 shares 225,782 of letter a class A offered be to for working are corporate capital, acquire to properties the with notification of stock through Genesee Valley Securities Co.. Rochester. share per number operations 1949 1948 which, 1947 54,563,902 61,301,230 13,874,929 10,303,849 15,896,624 13,288,263 4,594,094 7,121,727 5,660,344 for other This company Interest the in "These May on physical effective March the announced 4 purchase of one-half a Net from Net 31. natural two plants, with gathering and residue systems, located in the south end of the East Texas field. More than 1,4001 wells with a production of approximately 10,000,000 cubic feet of casinghead gas supply these plants, which have a productive capacity of about 60,000 gallons of natural gasoline and butane, and 40,000 gallons of propane daily. At the expiration of the present existing gasoline sales contracts, the products from this project will be available to Sinclair.- Arkansas Co. the owns remaining gasoline extraction half interest.—V. 170, ry. Sisters of St. Joseph |n Arizona,-Tucson, Ariz.—Bonds B. - . heretofore executed session to Ziegler & Co. May on bonds 1952, 1, due The 1961 this of St. of Feb. to 1, 1965, corporation priced 101. at heretofore of of the to produce has their heavy in been the in been derivatives) Spensol), flower at of certain Charlestown, near for the that , - : : . Sftuth Carolina Electric & Gas Co.—Conversion Privi¬ The Irvging Trust that announced the lative convertible seven shares the at The of close for common into stock each stock common share one of at Gas Co., future into Inc.; stock and Ind. that Both it While time, of preferred rate will by use are 5V2% other of follows: redemption on May 10, Corp.- 1950, at $52.2979 a share.—V. 171, p. 1788. other will Telephone Co.—Changes Capitaliza¬ in take it stock common from November, 1949. the authorized voted to change 100.000 no par shares to 200.000 $10 par shares, share-for-share, for 69,997 no par shares out¬ exchanging new shares, standing. no received distribution a shares, accomplished par of one by capitalization entire the of stockholders the for each three paid-in surplus account, which at Dec. 31, 1948, totaled $232,677 plus balance from retailed earnings. In the latter part of 1949, the company sold privately to three Institutional investors 5,000 shares of 5% cumulative preferred stock, at ($100 by par Prior tinder to Dec. 3'4% at est the credit a sharei. The shares represent the stockholders in November, 1949. per authorized 31. per the 1949, -.vith agreement company three due become annum, borrowed banks. funds Sept. 30, the loans will be paid during 1950 of additional long-term bonds.—V. 167, p. 2229. amount full $1,500,000 bearing inter¬ The 1951. company principally from sale \ - ■■■ Net shares Earnings The from and after Federal profits Common Co.—Quarterly Earnings— Inc Inc common per number larger the an . share—..——_—— ol $4,721,652 262,073 shares presently outstanding results shares of common stock in May, 1949, which have been issued since the shares spring of last year as a result of conversion of the convertible preference stocks. In dore commenting said: "From on 3,183.477 $1.00 common public sale of 800,000 additional $5,162,094 4,245,550 $0.88 taxes income 1949 Sullivan Alex. Brown Brown C. Inc. & the 4.48% and of the fact convertible continuing: this outstanding Richard at means the W. C. that end will be 1950. 1 In stocks more & into common addition, of heavier stock common is stock allocations of . having, Burr, & Inc. Co., A. a total capacity of 280,000 kw., is now completed. /"»» 5,516,737 5,827,653 ,089,237 1,190,713 1,243,509 979,814 ,239,350 435,845 462,6^1 7,996 429,316 A ; r'- and Michigan & Harris. Hall & Stone Hemphill, & 34,796,087." 50,978,963 24,924,457 Clegg Illinois & 4.000 Co & V' & & 1950, ending preferred cum. stock Co.— Co Gross addition in completed wells 125 operation. California (& Subs.)—Earnings— taxes lC 1950 1949 $65,000,000 $75,OOO.OOQ —«. V redeem, agent, of its amount accrued the at Broad 55 shares office St., 4.90% stock such of dividends to of $2.53 $2.15 Manufacturers New York series outstanding, date the fixed for Trust, Y.. N. 15. cumulative on preferred $106.25 at redemption., ' 852. J ,■ 1949 1948 1947 $230,644 $238,716 $325,422 $273,407 *8,931 *26,056 20.499 *56,545 *76,402 *44,148 1950 ■ railway ^ railway from Net from Net ry. income.— * 22,331.. *36,774' railway 716,201 654,358 906,862 803,173 *17,283 income.— *23,090 11,822 32,331 *160,115 railway oper. *172,964 ♦183,612 ♦143,121 •Deficit.—V. 171, p. 1674. 1,000 Wheelock White, Harold 1,000 Inc, 500 Co.— & 500 - Inc.. Cummins, Weld E. Inc.___ Wade, & Sun Oil 10,000 Wagenselier & Durst, 10,000 Wood & Co 500 Woodard-Elwood & Co The SEC 1, equal Aug. 1, (par AND issue and its The $9,750,000 $8,250,000 subsidiaries.—V. notes corporation covering shares will be 171, 2,750,000 150.000 shs. 2,000.000 shs. ;• registration a its no par statement common stock 1611. p. with to the , be issued o'f this company Prudential j offered April to Sunrise to Roy 24 filed shares at Mines 15 Co. Kingsbury. of for a letter per its share, mining proceeds The of notification stock, common cents of to used be th» 500,000 shares properties, are with which 750,000 and to be 12,500 operate to 1,000,000 shs. 1949 America. on 1,262.500 issued 3,250,000 $10)— now filed Silver-Lead Corp., Spokane, Wash.—Files— shares — to 1 shares of pursuant to the stock purchase plan for the employees OUTSTANDING Outstanding annual 1954— of May on 115,000 covering Sunrise 1969 $6) Co.—Registers With SEC— company 1,000 AUTHORIZED Insurance Co. 1, 1951 to to the 3(6% has Texas Of 4,000 — between The 29, of Sunrise mine. No underwriting involved. 316 % Beginning Sylvan Products, Inc., Seattle, Wash.—Files With SEC 1949 and the company and has the right company $1,500,000 outstanding. the 150,000 shs. ♦Issued or issuable under purchase agreement dated July Aug. Standard income will 40,000 and oper. 2,000 Walter J. supplemental agreement dated. Aug. 2, Prudential - drilling strings From Jan. 1— 10,000 Leach & Agee 1,000 Co. & ry. 500 — & from 2,000' stock (par said. 19 the entire from Net Net 500 Boyce Brothers Corp. 500 maturing Aug. installments - discovered was Staten Island Rapid Transit Ry.—Earnings— SEC Common field ' Thi6 1788. being Gross Harris, 500 2,000 Co.—— in County, Texas. March- 1,000 — 1,000 payable has redemption 1, stock, 500 Authorized notes, Scuriy corporation its June 500 -— 6,000 — Co., Inc— notes, f$2.74 " $1.74 on Stone & Webster Securities — & tBdsed Staten Island Edison Corp.—Calls Preferred Stock— The Mason, & Barney Bros. Sterne, 6,000 Indianapolis Bond & Share Kaiman Simon Stern —6,000 Co.— Corp. M. Stein 37,389,982 * ; 1950 basis of consolidation. in 171, p. Co., & & ■: Smith, Graham, Weeks & —V. 1,000 6,000 Co — Fairman I. — r & ;_i ———— Sills, 738,981 12,350,000 (est.) share— _i Earnings after Federal Earnings per share 1,000 & Bernet Horner Inc. 771,630 9,100,000 —„ taxes 2,000 Winston Hickman 500 Richards & Co. Horn blower Co.——, Ca._— Hughes Inc. (Inc.). 48,672,472 2,306,491 2,163,496 2,000 Gardner & Schneider, 1,000 Co. Noyes, 12,000 Co._. Rowles, 2,000 - 18,843,313 —_ Standard Oil Co. (New Jersey) 171, p. of —; 19,102,6*96 — — 3 Months Ended March 31— share Scott, Inc Lunt 2,000 & Co._ Cook .& Northwest & 1,000 Nolan Hamlin < per 6,000 Chicago Folger, 2,000 Co.— & Murch H. 500 —V Co., Corp 122,232,955 Co., reported discovery this year of a new field in southern .Louisiana, the Romere Pass field, which is near the Mississippi River in the delta region. Only two wells have been completed so far, but results to date are reported satisfactory, with indications promising a good oil field.—V. 171, p. 987. 2,000 500 Co. • 189,748,740 32,632,591 amortization. subsidiary, ;The 2,000 500 Securities ? J ' $ ... 126,320,480 — to and Riter 10,000 Corp.- ./'•'••• $ 178,055,767 — income announcement date Another Reinholdt _— of the Co., Inc. ——————— Rauscher, Pierce & Co. Inc. ; 1 ' by a subsidiary. Standard Oil Co. of Texas, a. little over a year ago and is now believed to he the second largest oil pool in the United States,, 4,000 & V _ other per 1,000 Inc. \ *1949 1950 ; 1 ^ ■ — income 6,000 Co Evans First until 5,401,813 long terra debt.: Snyder Field 10,000 Co.- Raffensperger, 500 Inc. & Equitable Securities Clement The 214,714 Acting as an offset to crude oil production curtailment was, the coming from newty^discovered fields. R. G, Follis, Chairman, rethat development work Is going ahead rapidly in the North , 500 Webber, Jackson Curtis —j—— 6,000 Eastman, Dillon & Co 5% 68.561 2,000 -—- Paine, Dominick & CAPITALIZATION shares 364,067 ported Pierce, Fen- Stanley Pacific Corp.— ' — Milwaukee Newhard, 1,000 Clarke Coliins *3(6% 460,890 oil the Co.— & Beane.— & ner Maynard are preference there of we will be made during one or more of the remaining of the year." Mullendore, President, said that the company's Redondo Beach steam plant, Co.— Mitchum, Tulley & Co Co., — W. Dominick The 390,360 294,831 income 4.56% maintenance expense quarters Co.—_——■■■ 1,000 & 1947 $1 ,807,654 630,464 14,336,596 shares March 31, 1950 and 13,654,150 shares at-March 31, 1949. JRased on 14,33b",596 presently outstanding earnings per share would be $2.61. 6,000 Lyons 2,000 Co.. 1943 $2,010,435 576,087 income /•Restated 4,000 & the company's first quarter earnings, Mr. Mullen¬ reporting an equivalent of 88 cents per share on the common stock, it might appear that the earnings for the full year would be something in the neighborhood of $3.50 per share; that figure in my opinion is too optimistic. The conversion & Earnings 1949 $2,101,201 charges— on Net 10,000- —— & L. Morgan Sons & Brown —. Hurd, /' and Earnings shares W, Co., Central Republic Co. (Inc.) Hill, 37,290 $2,033,348 for deprec., -depl. Total purchase from Loewi 10,000 Parsons & Co._ 1950 outstanding. Brothers 2,000 Hayden. Southern California Edison Quarter Ended March 31— " Interest or of Lester 2,000 Co & Co., First the The loans, that expects entire 113,951 37,177 1395. Federal such Langley & Co.— Hlgginson Corp— The Co. & Blair & Estes 107.434 *73,746 171, p. 1465. Other income (Which, assets C. Lee 4,000 William Julien '. *7,303 53,540 income Operating ;;;; ' with issufed to Merrill Lynch, Coffin thereafter Shortly $10 share Prov; is to i C. stockholders In 454,350 income P. " pos¬ V. agreed 6,000 S. 171, Operating make can I--, v;; 2,000 Becker Harold The W. 500 Co & Inc. Southeastern 479,295 Gross operating income be company of available Barret. Fitch & Co., Inc.— Bosworth, tion, Etc.— 15,551 423,024 1950 oper. 1 : • Lehman 2,000 Co., Inc. & Whipple Blyth 33,126 Quarter Ended March 31— Shares 20,000 1,000 Co._^ • for 38,560 23,521 ' the company's subsidiary, Sun¬ have severally as & Co.—— 20,000 & Emerich Bacon. G. 1947 $159,408 56,079 ' authorized 316% sale A. May 8, 1950. cumulative convertible preferred stock has been called 1948 $198,609 Quarter—Continues Development Work— these by will the be may stock); common and which-they stockholders Adams , Standard Oil Co. of California (<& Subs.)—Earnings for . governmental instruments thereafter; C,:XJHKr Forgan Ames, of. expire the business of —V. governmental approvals given. The following statements as¬ contract of sale and proposed lease will be Kidder, Peabody ft Co... M. of , - interests owned American Securities Co., New York, N. Y., as conversion agent, has privilege of converting the shares of 5'/2% cumu¬ preferred Glore. E. ■< 50% over 116,952 railway railway—. from Shares lege Expires May 8— represent 44,434 income-— oper. ry. ^ /■ selling will 489,874 from Net course. and gas common the > results income 1949 railway- ry. Net TJNDERWRi.T.kkS—The»ames-oftheunderwrlters-and of of V- March of the than extraordinary 74.475 railway from railway- dioxide. government these market conditions at the Natural by From Jan, 1— result of operated have'been rights of conversion company. by Sisters the indications, for oil favorable more affected $188,735 railway oper. agricultural and carbon preferred stock the 17,000. $223,904 7 from Gross financing the program outlined presently are in the dis¬ cussion stage. The company can state, however, that it contemplates, obtaining the necessary funds from one of the following sources or a combination thereof; borrowing (the company is now entitled to borrow as to 98,166 Net chem¬ chemicals neutralizing plant and certain related believes relatively proposed due 1,700 $200,000,000 at the end Spokane, Portland & Seattle Ry. commercial industrial are approval facilities shortly mentioned that sume to 2134. p. March— . guaranteed unconditionally are Carondelet and Academy St. Joseph, both of St. Louis, Mo.—V. 147, p. 3027. Joseph from ry. 250,000 company the Ohio River Ordnance lease to the company a nitric acid to Arsenal have new depending upon priced 1, Aug, bonds Sisters 1941 war, therefore of the opinion that it will acquire these facilities, no' representation to that effect until the final without at lOO'/i; $84,000 of 3% bonds due Feb. 1, 1953 to Aug. 1, 1955, priced at 100'/2; $70,000 of 3V*bonds due Feb. 1. 1956 to Feb. 1, 1958. priced at 101; $84,000 of 3%% bonds due Aug. 1, 1958 to Feb. 1, 1961, priced at 101; and $280,000 of 3Vs% Aug. the from were present income ♦Deficit.—V. share. All underwriters additional $2,000,000 upon issuance of its presently notes and 2%% notes); issuance of additional publicly offered $560,000 St. 2 in the the and company within the of income net amounting $5,700,000 1950 oper. Net part of the proceeds no products final to Ky., Indiana The of paid per the by an Mary's Hospital first mortgaee serial bonds, dated Feb. A,- 1950, and due serially as follows: $42,000 of 2Mr%- bonds due serially Aug. 1, 1951 C. formed chief to sell to facilities jthe which 170, Net ammonium nitrate an to railway from Gross during Its (subject Henderson, companies. Plans Offered— purchased company, 1946. in executed 1808. p. offered 2 (par $6) at $35 being Government Intended at plant and field Fuel Oil Works 1949, railway Net the company. facilities of stock May on stockholders and government officials) the former Lisbon Gasoline Co., Inc., assets of consist assets Co.—Acquisition— in according Gross-from negotiations conducted since March, 1950 between the company and representatives of the U. S. Government, such representatives in April, 1950 announced that the Sinclair Oil & Gas which ACQUISITION—FINANCING—As the purposes. organization consolidated been Spokane International RR.—Earnings- 56,376,029 6,475,470 is since 1949, had equity increased from to $2.94 to $24.77 per share, during the same period, the increase resulting from reinvested earnings. March— 54,283,645 common the the since of employees Increased business.—V. 1950 $18,948,872 $21,282,992 $19,350,090 4,424,619 4,765,390 5i877,338 2,886,879 2,156,721 2,691,703 2,010,169 Y. The N. and for that end dividends stockholders' of of said the 6,035,049 (synthetic ammonia and methanol and chemicals (ammonium nitrate fertilizer, $1.25 at icals operation He to and From Jan. 1— BUSINESS—The Seneca Oil Co., Oklahoma City, Okla.—Files With SEC board Chairman, stated that approximately $34,000,000, which for the first quarter of 1949, net income for the quarter would and charges readjustment to competitive conditions in the farm machinery field." Shipments in 1950 will probably be somewhat higher than in 1949 due principally to increased military business 1395. will go to ' and Unfilled orders were approximately and "prospects for 1950 are $20,252,419 income certain and company were that were $92,000,000 or from ■/..'Vi'v stock this 29, 1949 and the volume generally underwriters from July pointed out that 1950 ^as the 40th year of operations largest division, Sperry Gyroscope Co., which was organ¬ $49,000,000. 8,176,344 railway.— shares of fund payments February 70 the April $50,000,000, Spencer Chemical Co.—Common Stock Offered—Glore, Forgan & Co. and Kidder, Peabody & Co. headed a group of in issued been May 1 will constitute complete liquidation indebtedness leaving capitalization consisting funded solely of 350.000 4% of August in $200,000 the by authorized 1 S422.000 remaining amount the .May on dated between Morgan Gross of President over indications on of railway 171, p. Morgan, 19, 1910. parent company in 1933 23,020,441 income oper. 1949 slight increase. a had 98.478.577 22.540,553 3,695,652 railway from A. ized 95,151,778 11.332,075 railway™ oper. 2, City of New York, The First National 7- $7,000,000 for Sperry's 1947 14,763,334 income 1950 from from Gross The 1. about and 1673. P. Net 1673. p. 91,299,340 railway 171. Gross of who Thomas is N.; Y. 1948 agreement Aug; the shipments for the first quarter the of • > 1949 loan of Sperry Corp.—Shipments Increased $7,000,000— accrued Bank York, prepay¬ of practically income March— 2229. p. May 2 was elected to the combined the Board of Directors to succeed on Chairman plus New optional an .. $34,309,494 $35,397,127 $37,611,127 $33,538,748 7,244,691 6,765,314 9,104,333 7,781,911 2,457,823 3,427,645 3,629,824 2,597,856 — Frorti Jam 1—. P. Place, under Chicago and The First National Eank of Kansas City. The company has the right until Aug. 1, 1951 to issue to these banks $500,000 of 23A% notes in addition to the 2JA% notes heretofore Issued. —V. 171. p. 1611. 7 v'i '/-.V Southern Ry.—Earnings— Seiberling Rubber Co.—New Chairman Elected— J. Exchange National Co.^-Eamings— railway oper. Net post of President Bank next, for pipe line mortgage 100.73% Chase under The First National Bank Offering—Coffin & Burr, Co.—Secondary May on at 1, issuable or supplemental agreement dated show railway from Net common —V. Inc., 1968, the at 1950 oper. Net on due1 made June prepaid privilege. tissued . From Jan. 1— 1086. and outstanding.—V. from $1,746,312 $2,634,636 issued are 1788. p. from Net 1950—12 Mos—1949 1950—3 Mos.—1949 $905,072 income redemption on $300,000 of first fund, 3% will Southern Pacific Gross (G. D.) Searle & Co.—Earnings Rise— Period End. Mar. 31— year " p. 1788. for March— ♦Net the the Mr. 1788,v.;' ;v' p. of account earnings March, 1950 has -company tOn the basis of maxi¬ . months of 1950 and 1949, :) any time prior to April 25, 1951, in its discretion, are authorized to charge income with the maximum instead of the minimum capital fund, for the, year 1950.—V., 171, and $1.42 and 96c The directors, at respectively, respectively. The for 46c during Southern Natural Gas Co.—Partial Redemption— the funds, and equipment the ment > - and for additional generating facilities.—V. 171, I $0.61 •; plant to. reach approximately $58,000,000, Mrr Mullendore said. company has rebuilt its power1 reserves to a point considered adequate for its present load.. If the load continues to grow even at its present rate, plans will have to be considered in the near future 1,829,1275 ?, 1,412.278 534,670 ' $0.97 sinking and minimum capital funds. instead mum the 891,329 share com. . new The . „_ income: for Aug. 1 of each year thereafter the company is required to apply payment of these 3(6 % notes an amount equal to one-fifteenth difference between the aggregate principal amount of the notes and the amount previously- on to of expected Operations— 1950—Month—1949 / 1950—3 Mos.—1949 Gross revenues$12,328,778 $12,412,097 $34,205,156 $35,324,616 Net 1,553,507 1,185,599 3,632,413 3,140,928 ry. oper. income— Net inc. before funds— 2,668.674 2,315,069 1,201,605 906.720 : Earns, per com. share. $2.92 $1.34 $0.99 i $2.50 Period End. Mar. 31—, ♦Net and of Chairman, on April 27 announced that the company bad arranged to borrow $350,000 from the Mutual Life Insurance Co. H. also stated that good progress is being made on the construction a fourth hydro plant in the Big Creek system which, when com¬ pleted in 1951, will have a total capacity of 84,000 kw. A transmission line from the project to one of the company's local large substations Sayre & Fisher Brick Co.—Private Loan Arranged— W. Aug. notes 1, in 1955 - The SEC corporation on April covering 30 shares of per share). No underwriting The proceeds involved. 26 filed common are to be a letter ^of notification stock to be offered used to establish * " ' at a with par the ($5,000 -plywood mill. i, Chronicle The Commercial and Financial 12 (1892) be Talon, Inc.—Quarterly Earnings- 1550 $1,882,891. 1,122.888 Quarter Ended March 31— Gross profit _ advertising,, shipping & gen. admin, Provision for Fed. & State income taxes * exps/ Sell., 319*201 1949 > $2,030,386 1 062,952 net of shares 34 has each names of the several underwriters of the stock arid the respective number of shares purchase are set forth below: ' to Shares V.*"". Shares Union" Securities Corp.-'— 10,00o Kidder, Peabody & Co._—. 10,000 Merrill Lynch, Pierce. Fen: tier & Beane™—, 10,000 : ■ Monday, May 8, 1950 . . principal the of amount $219,305, to off a $25,000 note held by Joe and Jeanette Friedman, to advanre to a subsidiary for plant additions, and to purchase $100,000 pay preferred agreed in outstanding note mortgage has the last five years the company capability to its generating system, During year. kilowatts of 88,600 UNDERWRITERS—The v 406,406 '- this spent added . $125,000 phonographs sale and manufacture the equipment. The company is engaged in console type television receivers, radios/ and machinery additional of of related Items. and . ^ . J ' " Net —v. —- —-— $0.48 share— per 169, $440,802 $0.37 income ■w®arnings $561,228 v; 2148. p. Salomon White, Offered Zenith Stockholders— Teco, Inc.—Stock 170, p. 2230. below—V. Corp. Radio Zenith See \ MarchGross Net Net ry. 1948 1949 $415,821 .1947 : , •" 3.1,814 *"12,213 1.120,890 1,174.215 1,105.663 1.058.772 293,362 231.425 50.550 120,439 124,533 65,175 *"170,271 *"26,550 61,382 75,463 , > railway from Net Net ry. railway from . income.— oper. ♦Deficit.—V. 171, . Partial Redemption— > above. Hydrocarbon Chemical Corp. Mathieson See j . called for redemption on June 1, next, for the fund, $500,000 of first mortgage pipe line bonds, 3%" series aue 1969, at 100.73% and accrued interest. Payment will A>c made at The First National Bank of Chicago, or at the option of thp holder at the office of Dillon, Read & Co., 48 Wall Street, • The has company account of the sinking The The assets net *>ark April on and Gross from sulphur rev. e$)cpreciation $15,798,752 $14,954,696 $14,303,976 $11,871,936 9,586,148 8,677,506 7,110,135 195,099 9,423,051 177,570 ______ 169,977 155.741 ——___— • Amortization *" 434,254 502,387 100,000 100,000 2,501,000 2,318.000 1,897,000 Unlimited $6,332,056 3,340,000 $1.92 $4,512,979 3,840.000 3,840,000 $1.18 3,340,000 outstanding Com. shares $5,562,020 ■aRarnings per com. share ; $1.43 ' $1.90 the assets March on ry. 1943 ' $256,686 railway income. $269,909 93,980 47,353 $249,758 ; From Jan. 1— Gross >'■; from railway Net from railway. Net ry. oper. income —V. 171, p. • /:■/.■ & Bros, First Union ; 1947 93.982 95,327 685,671 654,745 235.118 279,696 105,173 M. Co. 125,923 183.749 —V. Net ry. & from Net from Net ry, 1943 1949 1947 —V. 171, Walker & Co. H. — & oper. oper. expenses 2.00 and sales profit 3 ,514,608 a 375,950 1..489,142 1,467,192 29,629,946 31, 795,623 27.313,832 " ; 7,191.080 6,850.047 9, 130,733 8,609,392 2,501,008 2.479,776 3 649,291 3,564,302 Of 327,301 359,978 1950 from railway 1949 ) $82,401 54.776 Net from Net railway operating income $122,851 25,703 railway 171, p. railway railway—— Net railway 181.188 104,015 43,638 i operating income income Total 1949 * $16,690,550 14,518,144 1,316,401 Other 14.226,955 1,420,333 expense— $1,598,994 Pacific Ry.—Results from Texas & 65.279 106,962 $1,897,562 $1,254,156 532.852 321,503 169,733 - rentals income 457,300 Preference stock 11.685.384 12:923,945 418,933 370,209 1,113.032 —V. $296,584 273,377 321.117 220,434 941.874 $634,033 $23,207 $1.50 $15,638,190 $16,281,850 in for (407,389 made was shares.) common share com. Lawrenceburg, on expected 170, SO.06 shares) 3/20 35,127 15,192 73,617 38,025 $530,616 $1,824,283 $1,635,015 Net to be placed in from 87,201 91,633 225,492 257,205 Net ry. $713,091 • $622,249 $2,049,775 $1,892,220 April of 6 plans 115,210,747 $7,407,833 126,417 $6,299,764 281,560 $7,534,255 $6,581,324 u— - —_ 574,331 602.470 3,032,549 2,603,785 $3,927,375 $3,375,069 3,925,059 4,365,291 $1.49 $1.13 indebtedness.— and Fed. taxes — funded production in the 9,962 8,856 26,997 25,659 237,596 233.277 711,943 705,686 $465,533 $375,116 $1,310,835 i foreign income 1943 $362,726 oper. 145.305 3,450 65.471 68.628 ♦13,380 1947 1,244.159 1,163.303 1,026,401 126,573 491.876 437,880 385.993 ♦38.017 215,281 201,420 172,819 ♦85,387 income-— Corp.; Kidder, Peabody & Co, and Merrill Lynch, Pierce, Fenner & Beane offered publicly April 25 a new issue of 70,000 shares of $4 preferred stock (no par) at $100 per share, plus accrued dividends. on new on per nccumulated $4 preferred or before share stock May 1, if redeemed dividends. PURPOSE—Proceeds concurrent. sale of the of 2,000,000 is redeemable at time any at if $105 May 1, sale, together common in with shares to each case proceeds its of parent ffcort-term loans cover from Texas estimated program. struction during An 1950, Utilities expenditures estimated 1951 and made for for construction these $6.25 The the rest of the will be spent 1952, of which over 1950 on con¬ can- $10,000 000 will shares, 240,000 selling 144,355 Texas filed 28 shares are of now registration a stock, common of Joe the ' are Store, being offered Frank balance, by Friedman. the proceeds • 11.9%, Joe and Jeanette shares. of company, the sale together 2.5%. and " f of the with treasury announces that and Oversub¬ Stock its offering made for used working and component operations. of television in parts, October, receivers and and capital as 1948 for for accessories. purchase the required the for neces¬ of corporation purpose The engaged is brand and names of the include corporation's receivers America," "V.C.A.," "Videoset" and "Cornell." products include—Gimbel's Department Times Square Stores. Namm's Department Store. Hall Bros, & Sedar, Scruggs, Vandervoort & Barney and M. E. Blatt. of corporation's of the p. 1790. > Virginia Iron, Coal & Coke Co.—Earnings- Ellis Friedman Friedman :• 75.000 Co. stock -i be Corporation 171, —V, The public Y. now : -• to pay a • . of - will be used off a Provision ■ =._i k— expenses for * income r i *. (estimated! taxes — 1949 $91,131 78,499 income Total 77.171 110,000 5,900 • '' brother 84.7% own \t shares of stock funds, is 1950 $339,717 Quarter Ended March 31— Total shares, be-27.2%, preferred J Trademarks 75,000 shares/ offering price is commission to the under¬ the of America—Common of equipment expansion "Video stockholders are Joe Friedman, President, and his wife., Vice-President, who held 329,778 shares and outstanding The Corp. additional Retailers Friedman, will due 1950-1965; $10,000 stock.—V. 171, p. 1299. common in manufacturing and selling home television receivers using 16 inch and 19 inch picture tubes in table, consols and consolette models. The company also is placing bids for Govern-" mental orders for certain electronic products. par. respectively, and are selling 157,000 and 69,000 shares,, and Ellis Friedman/Vice-President, who is selling 14,000 his holdings of 29,867 shares. Their respective holdings after these sales bonds 5% the CORPORATION—Organized respectively: of be used to pay for telephone equipment and needs. corporation had outstanding $42,000 of first 1949, 31, manufacturing with statement $1 outstanding and share, with a $0.78125 selling headed by Straus & Blosser. Jeanette - April on 315,000 per writers, Plus purposes the $32,530,000 covering sale by "Selling Stockholders" and. being sold by the issuing company. are * 1956, and other company funds, will be used to repay $2 600 000 struction Of for 1952, and subsequently at prices scaled after corporation SEC of presently 1466. p. par and sinking fund bonds due in March publicly offered at of first mortgage 5% to are corporate PROCEEDS—To of Trav-ler Radio Corp.—Registers With SEC— The the Harper & Son & Co. closed. ■- sary ♦Deficit.—V. 171, ; Securities 1612. p. proceeds Dec. Video - $61,614 143.054 79,022 railway railway—.i from ry. 7, 1949 $401,293 income —_ share May 1 of 747,500 shares of common stock (par $100) at 400 per share has been oversubscribed and the books 17S.043 from Net dividends.^ common common 1961-1965. $10,500 From Jan. 1— Net P. mortgage construct a new equipment This unit fall of this year.— $466,031 railway railway oper. and per other At to 1950 from Gross Texas Power & Light Co.—$4 Preferred Stock Offered to 122,923,662 —— net scribed—Tellier & March—- ' Wilties Co., — —- * 886. p. $625,890 — The for Toledo, Peoria & Western RR.—Earnings- (net income.— $102 —$130,331,500 $121,510,511 admin. & gen. exps._ income for 171, serially 171, p. 1465. redeemed 1949 1950 ——j_a_. accrued interest $49,000 Much of the machinery and from the Olean, N. Y., plant. Ind. will be transferred is V. $1,160,875 and requirements 645,256 charges The 1790. Vashon Telephone Corp.—Bonds Offered— 1,039,609 , income—: ♦-Union Co dividend available per required 4,337.837 deductions———_ Net -V. p. discounts, excise and allow¬ returns, income Net ■ Gross Nixed $2,861,784 171, transportation „ on Preferred 177,300 $907,410 273,377 tax profit Announcement $5,474,288 income. oper. income Misc. all taxes, income, Wm. Net unit 1950—3 Mos.—1949 4,100,811 _________ ry. Total after Total 80,624 $5,501,878 — ; $7,650,508 $10,304,509 780.272 deductions Provision for Federal Operation— 1950—Month—1949 Operating revenues Operating expenses Ry. tax accruals— Equip, rentals (net Dr) Other 1,561,870 taxes.—V. income — . Interest $1,147,194 298,568 —1 credits and etc.. Balance Per. End. Mar. 31— Net 1.505,684 518,911 497,847 $4,878,074 Operating 1950 $17,537,471 — Earned Or) $4,423,654 all from Federal sales ances 1611, Inc.—Earnings— v operating profit—. Interest, 1465. p. facil. sales, and 31,802 , from Joint 1,387,565 $8,169,419 $11,810,193 $5,375,921 3 Months Ended March 31— Net From Jan. 1— * , United States Rubber Co. (& Subs.)—Earnings— f295,337 Nil Earnings March— 171, income ♦Excludes ~ —V. . 1,631,846 1465. p, from 6,785,238 5,406;748v' • sources income— Provision Net Net other Total dividends. tBased on 1.132.631 shares April 1, 1950. ?Before giving effect — administrative and • 1949 674.233 t$0.50 — tax carryback refund of $107,000.—V. sales_ Selling • $16,978,000 $17,674,000 — sales Cost . & 1950 share Thatcher Glass Manufacturing Co., Net $3,749,149 • investments from and (& Subs.)—Shows Prof it- stock outstanding on potental $4,771,599 , . 2,395,859 Cost of goods sold, sell,, 3.363.889 2,848,947 Fixed and other charges allowance for preferred common 2,779,472 - .. $5,413,582 Net common 1,102,817 7 trans- 1,851.503 Inc. 3.74 taxes—^ after per 5,350,000 6,571,583 $3,197,117 ga? 1.00 Neuhaus from . , More- Co. — *"After Other Gross inc. 1.00 Underwood, 500,000 2,132,201 863,656 taxes— operations (net). 1.00 Mosle 2,800,000 2,185,703 income taxes portation oper ♦Inqome from oil and 1.38 Rotan, > $6,144,122 500,000 6,544,324 $9,148,600 $19,472,654 $9,046,476 rev, from ry. oper. Net . 2.00 Inc..———_ Co. & 1950—3 Mos.r-1949 $32,696,351 $33,445,158 $89,431,487 $84,477,263 23,649,875 24,296,558 69,958,833 78,333,146 revenues Ry. , companies) the 1950—Month—1949 Per. End. Mar. 31— Ry between accounts offsetting •' Texas & Northern Ry.—Earnings— Gross (Excluding Equip, and joint facility rents (net. charge)___ i-. Pan- land _ on June 1, next, $300,000 through the operation of the 1970, 1, (& Leased Lines)—Earnings^— Union Pacific RR. Net 2.25 & William N. Edwards & Co. 3.74 redemption for June 101%, plus accrued interest. Payment will be made at the office of Dillon, Read & Co.; 28 Nassau St. New York 5, N. Y." —V. 170. p. 1741. • 7 .7 3.00 Co.__ Robertson Folger, Nolan, Inc Rhoades & ; - at Federal Russ 3.74 due debentures fund, Other coast 3.74 ... has called company 2%% 3.74 4.00 Inc.— $1.46 $1-57 . 3.74 4.00 Co 170, p. 2069. $2,166,736 1,483,293 1,493,698 outstanding share———* per 3.74 _ Brothers &■ Dewar, 12 Months Ended March 31— income.— 120,000 $2,349,395 below: forth Moseley & Co.: & Co., Inc.—— Bache 4.00 shares of sinking 1611. P. to r, 2,708,326 28,914,083 tailway 1.465,000 —' income— Earnings the of $9,783,583 railway oper. underwriters set are S. Stern Co.— — 171, Net From Jan. 1— Gross sold so 5.60 Co Loeb, of 2,633.555 912,393 income—_ oper, be Quarter Ended April 1—• . $10,003,630 $10,210,974 $11 ,237.304 railway. railway $3,693,709 126,973 1,330.000 70,000 Federal •income taxes_: State taxes based on income— for sources 1950 from from 108,187 $4,056,663 122,268 charges—_— income other for Provision ( , . March— ■133,786 shs, . 7,100,000 shs.- m several G. Textron Incorporated n Texas & New Orleans RR.—Earnings- Net the of 5.G0 Trust Southwest Carl 47,163 803,359 288.581 130.318 $3,585,522 56,647 and Provision limited by property, the mortgage and deed of trust, as 12.33 Corp.— Hutzler & C. Net 1465. $4,000,016 gen'l exps. profit issuance 12.33 — Rauscher, Pierce & Co. ♦Earnings Gross Beane -Securities Dallas :. v 807.507 367,570 160,031 — 3.015,834 9,598,364 2,600,094. „ Union Oil Company of California—Partial Redemption to be. sold to underwriters and the underwriter has agreed to purchase of to White, Weld & Co, $249,160 113,429 45,667 — 133,786 shs. 7,100,000 shs. F. Parsons 1949 railway oper. 10,161.061 income Interest ; $17,176,911 $15,783,930 — income Other 1949 1950 . . — Operating —V. 70,000 shs, 70,000 shs. Hemphdl, Noyes, Graham, 1950 from from Net . products sold — Delivery, selling, administrative and of The but Pierce, Allyn & Co., Hallgarten & Co Net 31— 7,000,000 Stroud A. Texas Mexican Ry.—Earnings- Gross March Ended sales of Peabody & Co- 12.33% Union 398. ; Corp.—Earnings— Union Bag & Paper Quarter 8,000,000 7.000,000 Lynch. Salomon U. S. Treasury certificates. This does not include -"Inventories of sulphur above ground or materials and supplies. Current liabilities, including provision of $10,941,515 for current taxes, were / $1.1,731,997, Reserve for contingencies amounted to $3,359.554.—V. 171, ; March— the ' stock each shares of Outstanding specified , names preferred number total Fenner 434,915 in cash and : to of for the Cost April 23/ the stockholders concerning the improved financial con¬ corporation and expressed optimism as to the outlook current year.—V. 170, p. 1741. - reported dition 2,000.000 — authorization, percentages *"Not Merrill including $22,- totaled $32,161,016, last 31 Optimistic— Waller, Chairman of the Board and President, on Carlton B. Net 2,527 $81,215 1611. 171, p. Number - fS31.500.000 .• Kidder, the company supplied •approximately 65% of the tonnage required by Sulphur Export Cor¬ poration for its sales abroad instead of the anticipated 50% . > Current value)— par to as $4.56 of respective report states that during the 1950 quarter The (no UNDERWRITERS—The shares $6,407,279 profit stock FINANCING Authorized ' earnings, and other provisions of supplemented. « • Net 63,110 2,527 expense- ? - mtge. Common 430,179 412,299 2.589,000 — x*les. for contingencies^ -fed. & for'gn inc. taxes '* v.-.':- 1947 1948 1949 1950 6&1$S and misc. income Operating profit I / , OFFER bonds, 23/<% series due 1975 1st mtge, bonds, 3% series due 1977— 1st mtge. bonds, 3% series due 1978— 3V4% sinking fund debs, due 1973 7% preferred stock ($100 par value) $6 preferred stock (no par valuet — $4 preferred stock (no par valuei $4.56 preferred stock (no par value) — 1st Co.—Earnings— 3 Mos. End. Mar. 31— EXCHANGE AND 1949 were Texas Gulf Sulphur ' GIVING EFFECT TO PRESENT CAPITALIZATION 1949 and $146,787 at Aug. 31. first offered publicly on Oct. 4, which time the net assets were $153,358.—V. 171, p. 1086. Fund * and Unexcelled Chemical Corp.—Outlook exchange their $4.56 preferred stock accumulated dividends. plus —V. discount debt loss Net corporation crossed the two million dollar amounted to $2,023,585 April 29. This com¬ at the close of pares with $771,314 1949,v Shares of the $112 to 300,730 71.883 ' this of 27 Net redeemable at any time at $115 per share May 1, 1952, and subsequently at ^prices if redeemed after May 1, 1936, in each is before or 376,307 360,878 7 $197,221 of Amortization holders, of the 68,786 shares of Cross $2,000,000 Mark— Texas Fund, Inc.—Assets '<• on downward scaled 386,176 T — Gross stock $4.56 new redeemed If case r Interest share. r 4,377,331 Income than Federal taxes on f i. other Taxes, value). par at $110 per A-."/- York, N. Y.—V. 171. p. 1789. New Co Pierce & 1949 $5,038,790 4,119,004 maintenance and Depreciation The exchange is on a share-for-share basis with a dividend adjustment on all exchanges and with a cash payment of $5 per share on all 7% preferred stock exchanged. The exchange offer expires at 3 p.m, (CST), May 17, 1950. All shares of old preferred not exchanged will be redeemed on Aug. 1, 1950. An invest¬ ment group jointly headed by Kidder, Peabody & Go.; Merrill Lynch, Pierce, Fenner & Beane and Union Secu¬ rities Corp. will underwrite the offer and sell publicly any unexchanged shares, plus 420 company-held shares, of New Affiliate— holders to Purchase Shares Co Southwest First 3,000 ——— Co Trust Union 1950 $4,743,246 revenues Operation 1,500 1,000 1,000 1,000 Inc.— Nolan Dallas Co.— & Co.— & Total Concurrently, the company is offering (no Transmission Co.—Rights Given Stock¬ Tennessee Gas Co.— Brothers holdings for 133,786 shares of new 1465. p. 3,000 Folger, 65,000 shares of 7% preferred stock and $6 preferred stock the opportunity to From Jan. 1— Gross Bache Co & Subs.)—Earnings— 3 Months Ended March 31— . $371,269 $416,402 90,737 1313,306 income.— oper. Stern Rauscher, 44.111 C93 railway.—- from V? 1950 . $426,038 railway from 5,000 3,000 Ry.—Earnings— Central Tennessee Walker H. G. & Parsons Stroud 5.000 Hallgarten & Co. Hemphill, Noyes, Graham, , 3,000 3,000 3,000 2,50o 2.000 Moseley & Co & Co., Inc. S. F. Twin City Rapid Transit Co. (& 3.000 & Co.——— Co. Inc._i.__ Weld & Rhoades Loeb. M. Co. & Hutzler— Bros. C, Allyn & A. Carl $250,000 'Net —V. profit 171, p. — 699. ' ' (Continued on page 50) $3,060 $151,219 .. . . . . •• i /• Volume 171 Number 4905 The Commercial and Financial Chronicle ... Stock Record (1893) New York Stock Exchange «» DAILY RANK OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSOE Range for Previous STOCKS Year 1949 Lowest $ per share 37 $ per share Jun 1% 51 Jun 17% Oct *17ya Range Since Jan. 1 Highest t per share Dec 3% 19% Jan Feb 14 Dec 21 44% Sep 39% May Dec 43 14% Nov 5% Jun 19% Dec 11% Dec 23 46 May 18% Jan 97% Mar 4% Apr 3 47 J an 54% -Ta n 1 21% May Jun 2% Feb 5 Jan 9% Jan 23% May 110% Dec 26 Jan 3 2% Jun 13% Feb 18% Dec Apr 73 Sep 67% Jan 2% Feb 4 Dec 3 % Apr 40% Feb Dec 66% Apr 64% Jan 86% Dec 78% Apr 24 27% 21 Va Jan" 17% Jun 88 Sep 83 July 104 Jan 93% Feb 4 v 9 Feb 1 Alabama 3 10 72 Mar 95 2 Apr ' 4 , 24 22% 40 48% 36% 36 35% 11% 12% _10 4d % 22% 22% 22% , 23 Allegheny Ludlum Steel Corp.No $4.56 oonv preferred Allegheny & West Ry 6* 213/4 22 40 39% 393/4 *49% 49% 49 49% 36 2,600 34% 31% 33% 30% 33% 116,700 15,500 21% *118 12 12 % 12% 52 52 *51% 52% 51% 12% 51% 11% 52 *51% 52% 30 23% 24 23% 23% 23 Va 23% 23% 23% 18,900 124 *118 12 124 2% 12% 124 *118 3 12 2% 2% 3 *118 124 •118 17% 17 % 17% 17 % 17% 17% 17% 71% *70% 71% 71% 71% 71% 72 i 3% 3% 3% 3% 3% 3% 3% 3% 67% 67% 68% 70% • . gtd *76 31 „: 31%- ■; 110 98 *92 98 *108% r. V 71% 31% *108% *92 « 3% 70% 80% *76 32% 110 70% •77 93 93 94 10% 10% 10% 10% 60 16,400 2,200 80 303/4 31% 1093/4 94 10% 21,700 » 300 40 96 •94 98 8,200 33/8 *108% < 109% 9,700 70 70 *77 32 109% 3 17% 72% 3% 80 30% 32% 110 17% *71 3% - 71% 71 80 % 31% 32% 110 71 *76 80 31% 110 *92 100 *76 80 * *108% , 124 2% 3 17% 71% par 200 12% 24 17 % No par 4 400 22% ♦39% 71% preferred A ;_100 $2.50 prior conv preferred-No par 8,200 49% *71% SVs% 8,000 10,200 22% 40 1 common .. 4J , 17 4 22% 4 33% ■>' 4j% 100 w w Share» 46% 46 4% 4 23 *39% 40 33 2% 2% 5 22% *39% 48% 4% 22 Va Sales for the Week tper share 47% 45% 47% 4 22% 22% 46% # v"r share 24% *51% 124 4% 21 % 40 May 4 May 'A 46% '36% 12 52% 24 *118 100 *39% 9 per share 4 Friday May 5 Thursday Wednesday 46 22% 22% 22% 23% . 13 : , 46% 21% 43% *51% common Allegheny Corp 2 2 Inc 22 1 & 4%* preferred 11 83% Jan 110% Apr Alliens 21% HIGH SALE PRICES $ per share 4 4 *48 50 w w Vicksbnrg Ry Alaska Juneau Gold Mining. 9 4 no par Air Redaction Ine $3 preferred 1 45% 45% AND Tuesday May 2 $ per share *39 % ; Corp__lo Admiral Corp new common Affiliated Gas Equipment com 45% 21% 1 _No par Addressograph-Multlgraph 9 32% May 5 89% Mar Adams Express Co Adams-Millis COrp 11 14 24 4% Jan 85% Feb 3, Jan 94 Mar 4 15% Mar 29 May 1 4 10 3% Jan 18% Jan 28 82% . V Acme Steel Co 55% Mar 26 2% May 4% Nov 3 Feb 121 Monday I per share ZZZJSo Motors Co 25 % Jan 5 64 ACF-Brill 39% Apr 17 13% Mar 15 21% Mar 30 110 % Jan Abbott Laboratories 22 42% Feb 50 Saturday Apr. 29 v Par ot May 23% Jan < 3 51 51% Dec 23 13 17% Jan LOW STOCK EXCHANGE t per share 44% Mar 31 Dec 27% Mar 35 NEW YORK Lowest Highest A, 8 Jun 165 Jun Jun 15% 11% Apr 239% Apr 3 Jan 8% Jan 210 Dec 200% Jan 13 19 Dec Jan 3 8% 19 - 24% Jun 30% Oct 27% Apr Feb 35% Dec 32% Jan 13 Feb 93 Allen Industries Inc. 14. Feb 2 Allied Chemical 8c Dye Allied Bad Co 21- 14 25% 13 29% Jan 16 11 36% Feb , Allied 3 Jan 97% Nov Feb 33% Dec 31% Jan 13 May 3 35% Mar 23 76 Jun 88 Oct 86 % Feb 17 4% 91 26% Jan 37% Dec 35% Feb 20 2% Jun 4% Nov 3% Feb 28 37 43 Apr 89% Feb Jan Jan 70 20 Jun 27 61% July 69 35 Jan 104 3 45% Mar 8 Dec 2'% 81 Jun Jan 172% Mar 6 Feb 10 Apr 75% Jan 26% Jan Mar X63 2 10% Jan 13 236% 20% 20% •19% 20% *19% 20% 27% 28 28% 28% 27% 27"% 27% 28% 27% 27% 27% 27% 2,400 No par 100 34% 34% 34% 34% 34% 34% 34% 35% 34% 353/s 35 353/a 14,300 *96% 100% 96% 96% 97 97 33% 34% 32 26 67 Feb 7 15 14% Apr 21 American Bank Note 6% 32% 104'/a 106% Dec 105% Jan 3 120 Apr 24 American Can Co common 187% 183% Jan 4 190 Dec 233% Mar 28 2 79 Feb 18 26% Jan 12 19% July Feb 25% 47% Sep 44'% Jan 7 51 Mar 22 15% Feb 19 y4 Dec 18 Yb Jan 24 23 Feb 14 Jun 19% Oct 173% Apr 71% July 87 Mar 82 24 Jan 3 35% Feb 51% Dec 49 Jan 13 99 Jan Dec 115% Jan 16 25 y4 Jun 36% Mar 323% Jan 13 23 xl9% Mar 16 743/b Apr 22 86% Jan 173 Apr 23 22 39% Mar 23 Brake 8hoe Co 7% 7% Jan 4% Feb 6% Oct 6% Jan 6 153/4 Feb 19% Dec 18% Jan 28 20 133/4 Jan 21% Nov 20 Va Apr 24 24% Feb Dec 2% Jan 3 64 Vo Jan 4 4% Mar 23 3% *40 111 45 *40 . 45 112% 42 42% 41% H'/s 11% 11% 11% V, 113/4 47,700 70% 70% 69% 71% 71% 72 71% 3,800 >. 71 17% 17% 17% 17% 17 s/« 66% 66% *66% 66% 13% 12% 13 32 Yb 323% 32% 323% 105 *104 32% 105 *104 32% 32% 105 12% 13% 12% 13 12% 6% 7'% 6% 7 6% •104 12% 6% 1173/s 115 186 22% 223% 22 3% 57'% 573% 573% 58 563% No par 24 24 24-% 243/s 24'% 24% No par 48% 48% 49 49 49 49 lo 18% 183% 18% 19 18% 19 10 *17% 18'% *i7% 18 Ye *17% 18% 17% 18% *83 85 *83 85 *82% 84'% *82'% 70 7-1 693/4 70% , 12% 325/8 115% 115 116 185% 184 57%: 57 ya 58 24% 25% 48% 49'% 23% ■.58 :V 6% 37,000 114% / 1153% 4,100 *184'% 185 120 5,000 573/4 3,500 25'% 4,100 483% '//i 23%' 57% / 23% 25 24 57'% ' 100 26,900 6% 185 ;23% 4,600 12% 12 6% 223% 150 11,500 105 *104 12% 6% 5,600 13 32% 32 v 105 185% ) 49 2,000 243% 25% 49 Ya 49% 19 19 *183% 19'% •17% 18% *17% 18 84% 82% 82% 82 82 69'% 70% 69% 70% 683% 697/a 1623% *19 ;.. 19% 165% 163 % 163'% 161% 35'% 35 12 23 '/s 164% 1643/ 1,800 17% 66% 13 *104 71% 5,100 42 66 % 185 35 113 111 42% 11% 111 116 20 112 112% 42% 11% 22 % Distilling Co 45 42 112% 184% 1643% *40 45 -.00 11% 13'% 70% 1,900 13% 116 prior preferred 100 American Cyanamid Co com 10 3%% conv preferred series A-100 700 3% 18 185 4ya% 35% 16 00) 41% > 116% com 35% 66% 116% v * 12% •184% 100 *40 ii~ { < 17% *1153% 35% 34% 35'% 34% 164 35 34 164 Yb 200 20 36,800 163 162 34% 35 900 3,500 34% 2,800 LOW AND HIGH SALE PRICES Saturday EXCHANGE 30 35% 3% 200 , 335/a 66% 7% NEW YORK STOCK Mar 23 35% 3% 184% Monday Par American Encaustic Tiling 1 American European Secur No par American Export Lines Inc .40c Amer & Foreign Power com—No par *7% May 2 73/8 73/a *19% 19% *19 % 20 % 20'% 20% 3% 7% 9 per share 73% 20 *19% 20% 20% 4 3% ^ . ' Friday May 5 Thursday May 4 May8 f per share I per share 9 per share Wednesday Tuesday May 1 Apr. 29 I per share t per share 35'% 3% 400 88% 33% i 18% STOCKS share 35% 3% 22% American Lowest Highest 35% 99% 5,100 *33/, 89 % 66% 7% No par American Chain & Cable— American Chicle Co Range Since Jan. 1 Highest Year 1949 88% 13% 25 preferred Colortype Co American Crystal Sugar 90% • *87% 33% 66 % 100 preferred American 13 1 17% 33 % 90 13% * _1 American Car & Fdry com Range for Previous $ per Broadcasting Co Inc ://' 71 104 Yb American Cable & Radio Corp 563% May 70% *32% 21 Jan 70% 100 8»% Apr 82 70% No par 3 Jun 11% *96% 99 34% *89% 3% 41 11% com 37% Jan 7 40% 11% •96% 33% : 35% 110 41 11% convertible preferred Dec 4% 110 109% 45 18% 4% Amer *40 45 13% American 60 i 66% 12 Jan ; 17% 21 33% *40 13% 20 18 3% *65% Jan 13 35% 3% ~ 2 14% Apr Jan •35% 4 50 104% Jan 30% Feb 35% *3% ,_10 common preferred 8 120 *35% 236 *89% *40% 13 Sep 89% 89% 109% 7'% Jan 35 34 par 101% Feb Apr 33 89% Agricultural Chemical—No par American Airlines common ,_i 3%% cum conv preferred 100 American Bosch Corp 100% 33 89% 50 No *96 32% 1 Jan Jun I per share 237% 20% Jan 21% Lowest 230% 20% 10% 22 Yb Mar 24 39% 235 % 20% Amer 12 6 237 2,200 235% 6% 3 113% Feb .'V 20% com 2 4 96% July 5Yb Jun 26 Amalgamated Leather Co 17% Mar 28 Dec 30% Mar Jan > 235% 237 10% 10 234% preferred 2 x69 Oct 12 Jun 40 11 10% 20% AUls-Chalmers Mfg common-No par 3%% conv preferred100 Alpha Portland Cement No par 9% Jan Dec x7% 4% Jan 235 235 10% .No par . 40% Feb 45 v Sep 10% July 61 ; Apr 19 38% Jan 11 10% 20% convertible preferred Amerada Petroleum Corp 40 120% Oct Jan 26' , Mills 100% Mar Jan 34% 6% Jan . 10% 5 No par Allied Stores Corp common 97 83% 25% *10% Sales fnr the Week .Share* 9 per share 9 per share 7'% 7'% 7'% 7'% 20 193% 20 19'% 19% *19% 20'% 800 20'% 20% 20% 20'% 20% 20% 213% 8,800 3% 82 YA 3% 3'% 3'% 33% 3'% 4,800 7% 4 73% 7% 1,400 Jun 3% Jan 69% Dec No par 813/4 82 82% 83 823% 803% 81% 5,300 19 y4 Dec 16 Jan 85% Apr 4 25% Mar 22 $7 preferred Jan •7 2nd preferred A_ No par 22% 23'% 223/4 233/a 22% 23'% 22 Va 23 Yb 21=% 223% 215% 22 YB 13,100 Jun 61 ys Dec 54 Jan 76 Va Apr $6 preferred No par *72% 74 733/, 74 72% 743/4 73 73% 72 72% *72% 45% Oct 51% Dec 49% Jan 55% Mar 22 American Gas 8c Electric _10 51% 51% 51% 52% 52 52% 52% 53% 53'% 53% 53'% 53'% 10,100 34 Jun 43% Oct 393/4 Feb 43 % May 5 American Hawaiian SS Co _10 4.2% 42% 42% 42% 42% 43 43 43 43 43 43 * 43'% 2,500 1 com.. __1 5% -50 *46% 1 333/4 1% 44 6% 37 Co Oct 4% Jan 46 Jun 48 NOV 47% Jan 48 Jan 30 American Hide 8c Leather 6% convertible preferred 24% Jan 32% Dec 31% Jan 11 American Home Products-. 9% Sep 7% Feb 34% Apr 9% Apr 13 American Ice Co common 3% 5% Jun Jan 73 Feb 11% Feb 15% Mar 5 Ys 6% Apr 1 Aug 84 Mar 10 15% Dec 14 Jan 13 22% 20 Apr 25 100 Dec 18% Jan J 33/8 Mar 30 12% Jun 73 Jun Jan 84 11% Jun 15 Ys Dec 13% Mar 30 76 Jan 84 Sep 78 4% Jun 22% Jun 963/4 Jan 5% Jan 28% 32 102 7% Mar 33% Dec Jan 4 92 Mar 29 15% Apr 19 22% Jan 12 18% Feb 15 91% Feb 27 American Locomotive 7% preferred 17 Feb 20 Amer Macb & Pdry com Jan 4 86 Apr 14 5% Jan ' 3 8 Mar 22 Mar 22 29 34% Jan 11 105% NOV 104% Jan 3 Oct 6% Jan 5 Nov 33% Dec 29% Jan 13 33% Mar 16 Feb 36% Aug 34% Jan 25 36'/4 Jan 7 19% Mar 30 10 Jun 169 Mar 14% Jan 178 Sep 13% Jan 176 Feb 7 13 10 Mar 28 No par 6% non-cum preferred .100 American International Corp-No par American Investment Co of Ill- —1 106% Mar 7% Jan 3 7 28 33 333/4 8'% :8% 5 3% 5'% 48 48 *46ya 473% *46% 473% 33% 323% 33 32% 333% 32% 323% 8'% 8'% 8 3% 83% 53% 6 8'/a *8'% 20% 15% 15 y8 15'% 15 y8 15'% 900 20% 203% 20% 203% 20'% 21'% 2,700 15 Yb 19,300 14'% *84 86% 153/4 153/4 14% 14'% 15 143% 15 86'% 86 86 84'% 84'% 85'% 200 15'% 16'% 15 15% 15% 15% *53/a 15% 11,800 83 81 81 80% 7% 80% 33 33'% *313/4 32 31% 32 32% >105 % 106 *105'% 106 *105'% —1 6% 63/4 *6% 6% *6 3% No par No par 30% 303/4 30% 303/i 30% 35 36 213/4 21% 100 153/4 *182 *35'% 36 213/4 21% 153/4 16 185 *182 83 73% 32% 106 Ya *81% 7% 32% ♦losy* *6'% 7 30% 31 36 x35% 35% 35'% 353% 35% 36 21% 16 7 31 35'% 213% 21% 21% 215% 22 213% 22'% 15% 185 *182 15% 185 15 3% *182 49 Nov 39 '% Apr 51% Mar 16 45% 44% 45 43% Dec 39 Va Mar 30 43% Jan 3 American 39% 39% *39% 40 393% 393% 39% Jun 56% Jan 50% Mar 28 573/8 Jan 9 Amer Smelt 8c 52% 52% 523% 53% 53 53'% x52% 1583% 159 1593% 142 34% 130 Feb Jan Jan 164 42% 150 Dec xl57% Apr Dec 4 43 Apr 10 2 145 Jan 13 Jun 28 Jan 22 3/a Mar 24 Jan 31% Dec 29% May 73/8 Jun 12% Jan 31% Feb 45 Dec Jun July 138 60% 135 Jun Jan Jan 49% May *117% Apr 63/4 Jan 21% Jun 128% Nov 20% 150% Nov Jan 76% Dec 153% Dec 18 2 19% 16 Jan Feb 141 21% 120 166 Mar 40 Sep 24 1 93/4 Mar 21 38% Jan 25 128% Jan 5 193/a Jan 13 146'% Jan 68 Apr 149 May 3 27 No par Ship Building Co_„No par Refg com No par 7% preferred 100 American Snuff Co 6% non-cum 25 common preferred 100 *45 *158 *42% •141% 158 159 42% 42% 143 *141% 83% 8 44% 423% 42% 83% 44% 423% 7% x44 160 42% 143 *141% 143 *141% 15 s% 16 185 •182 7 5% 7% 453% 40 40 53'% 533% 523% 158'% 1593% 159% 160 42% 42% 143 •141% No par 24% 24 3/a 24% 25 243% 25 24% 24'% 245% Co No par 30 % 30% 29% 30 29% 295% 29% 30'% 29% American Stove Co_ —No par *10% 503/4 Mar 23 American Sugar Refining com 134% May 1 22% Feb 3 American Sumatra Tobacco 1573/4 May 2 American Tel 8c Tel Co '76% Jan 9 American 2 158 64 % Mar 29 76 Mar 30 7* 6% preferred Tobacco 113% 11% 11% 11 YB 47% 48'% 48«% 48'% 136 *19% 20 25 156% 68% 100 150 American Viscose Corp common—14 5% preferred 100 *73 121 Aug 1173/4 Jan 25 121% Mar 28 8ya Mar 7% Jan 3 12% Mar 22 American Water Works Co Inc Feb 21% Feb 28 32% Jan 28 American Woolen 119% 11% 11% 48 *134% 100 common preferred Dec 2 10% 47% 100 74 May 11 47% —5 134% 20 156% 1553/4 68% 68% 149% 150 73% 73% 119% 119 V* *134 134% 20 19% 157% 157% 68 3% 69 149 149% 745% 75 119% 48 136 *134 136 *134% 20 20 20 20'% 157% 69'% 151 76 119'% 119% 157'% 69'% 152 74% ♦119'% 45'% 45 53y» American 47% 75% 40 American Steel Foundries 100 ♦182 73% 44% 273/8 Feb 18 34% Feb 27 12% Jan 11 Stores 155% 16 185 157% 157 15'% 10 I r 1,000 11,500 2,000 30,500 43,100 185 73% 453% 29,000 2,500 40 54'% 480 12,000 540 160 1,700 413% 11'%' 10 24% 30 141% 243/4 3,900 *293% •24'% 42'% 141% 423% 143 30'% 2,900 *11 473% 48 *134% 135'% 20'% 20 1573% 1573% 113% 48 134% .2,300 2,900 200 ,i 20% 1,900 1573% 29,100 10,200 69 5% 70 69 Y» 69'% 152 151% 1513% 440 73% 75 73% 8,300 75% 120 4,000 •151% 70'% 152 *39% 110 4,000 v 106 6 3% 30'% Jun 8% 8 % *105'% 105'% 6% Jan 7% 105% 7% 31% 39% 5 33 Ya 106 7'% 33% 30% 37 Dec 33 31 23% 8% 7% 7% *84 6% 6 3% American Safety Rasor American Seating Co 6% Mar 14 »% 14'% 16 3% .100 * 90% *85% 143/a 86'A. 73% No par 110 89% 15% 8 com *88% 89 90'% 205% 73/4 Ban'y 600 20 5% 8 7% preferred 8% 20'% 203% 20% 7% Amer Had 8c St 9,600 8'% 15'% Amer Machine 8s Metals No par American Metal Co Ltd com-No par 8 100 32'% 91 14%' 14 16% Apr 3,400 32'% *15'% *81% News Co 6 473% *89 83 American 89 *53% *47 15% *81'% American Natural Gas Co 6 91 83 4Vs% preferred 8 5% 53% 2,600 *15 ♦81% American Molasses Co 5V0 73 *89 .100 preferred 81 49'% 15% 3.90% 80 83% 15% *84 No par 11 *46'% 83% 90 >90 *15 .100 American Power & Light 9% Jan 8'/4 5% 5% 52 No par 5 Apr 24 4 —1 common 22 % May 185 3% 119'% 73 *119% 119% 270 120 '5s 38% 79 Sep 91% Mar 84 59% Jun 80 Jan 63 7% Dec 4% Jun 48% Jun 65 25 Va Jun 35% Jan ">.2% Jun 25% Jan 99% Mar 48% Jun Dec 35% Jan 40% Dec 108 55% Mar 8 27% Mar 10 273/4 Apr 5 Jan 27 106% Jan 20 37 X51 12 28% Dec llVi.Nov 26% May 61 Jan Jun 2% Aug 20 Dec 8% July 15% Apr May 1 5% Feb 14 Jan 19% Feb 11 94% Feb 10 Feb 2 74 9 65 Ys May Jan 31 % May 31% Jan 5 12 3 12 473/4 Mar 30 110% Mar 56 Apr 8 8 23% 23% 10% 11 10% 10% 103% 10'% 10% 10 5% 10% 10% 6,600 23% : 233% 23 23% 23 23% 23 235% 23 233/a 13,400 84'% 85 84'% 85 633% 64 8% 9 7% preferred _100 *84% 85 84 85 84% 84'% 84 Ya $4 conv prior preference—No par *64% 66 63 65'% 633% 633% 63% 84% 63% 8% 8'% Amer Zinc Lead 8c Smelt com $5 prior conv preferred Anaconda Copper Mining— Anaconda Wire 8s Cable Anchor Hock Glass 1 25 -50 No par Corp com—12.50 $4 preferred Anderson, Clayton 8c Co 8 *623/4 30 293/4 43 230 9'/a 32,000 64% 64% 250 8% 83% 633% 633% 64 64'% 633% 64 3% 30% 30 30% 30'% 303% 30% 31% 31 31% 31 Yb 31% 56.000 30% 31 30 3% 303% 2,200 42 4,400 303/4 433/4 303% 43, 30% 43% 30% 43 No par *108% 1093/4 *108% 1093% *108% 21% *53% 54% 54 Va 54'% *53% 303% 43 1093/4 54 30% 42% *108% *53% 23% 22% 23'% 22% 223% *9% 10 ♦93/4 10 *93% 10 10 6 5 33/4 41% Feb 10 Archer-Danlels-Mldland No Par *35% Mar 65% 83% 83% 223/a 5 i 633% 8'% 10 34% Jan 113 450 *63'% V *63 8% 20 4% Jan ; 633/i Anderson -Pricha rd Oil Corp 7 42% Nor 11% Andes Copper Mining A P W Products Co Inc 23% Jan 10% Jan 13 For footnotes see page 24. No par common 11 223% 9% Janf 4 3 Feb. 15 ... 5 3% 36 31% 41% 41% 42% 1093% •1083% 54 53 53% •53% 22% 22% 23'% 22% 233% 40,200 ioy« 10 YA 10'% *10% 10% ,300 43 109% •108% *33/4 4% *3% 4'% 3% 3% 4 Yb 4% 35% 35% 35'% 353% 35% 35% 35% 36V4 *4 36 3% 109% 54 • 300 4'% 500 36% 1,300 13 14 (1894) NEW Range Since Jan. 1 Highest Year 1949 NEW Lowest Highest $ pershare S per t per thare Jun 29% Dec 26% Jan 13 38% May 95 Feb 89 Jan 3 103% May 5 5 Jun 8% Dec 7% Jan 13 49% Jun 77% Jan 69 Jan 13 38% Jun 51% Dec 43 Jan 94 Jun 101% Dec Jun 114 7% July Feb 13% 11% Apr 28 111 116 Apr 11 19 Jan 9 Mar 13 143/4 Apr 9% Apr Sep 18 18 Mar 10 15 3 Apr 4 104 13 Apr Feb 101% Dec 98 30% 80 Jun 97% Jun 10% Jan 105% , Nov 16 103% Jan 27 100% Jan 15 Jun , Jan 12% Jan 47 Dec 32% 105 % v Nov Mar Jan 41 Jan 68 Jan 87 3 13 80 Dec 94 Mar Jan 13* 91 Apr 5 Jun 42% Dec 36% Jan 24. 49 % May 1 Jun 1123/4 Dec 1083/4 Feb 1 115% May 3 102 993/4 Jan 5 102% Mar 11 223/a Jan 19 253/4 Feb 7 51% Mar 25 593/4 Apr 12 Dec Jun Jan 24% Aug Jun 58 Jan 100 Feb 110 Dec 105 15 Sep 20% Jan 17 Feb 73% Sep 13% Feb 153/8 4% Feb 2 May 2 63/4 Jan 24 Jan 25 Nov 13% Apr 28 Jun 15 8% Jun 12% Jan 7% Jun 113/b Jan 14% 3» 9% Apr 15% Jan 16 223/4 Jan Jan 72 July 63 Apr 12 72 38 Jun 53 Dec 43 Feb 15 Jan 15 Sep 21% Jan Jun 41 Mar 16% Apr 363/4 Jan 26 36 25 173/4 Feb 16 Dec 46% Feb 9% Feb 153/0 Oct 14% Jan 3 11% Jun 173/4 Jan 17 26% Nov 33% Dec 93/4 Apr 29% Jan 87% Feb Dec 98 12% Nov 20% 16% Oct 21% Dec 86% Nov 56% 101 . 3 9 Feb Jan 3 86 Jan 74 73/4 Feb 7 29 % Jan 12 Jun 7 Jun 16 Feb Feb 36% Mar 14 31 Mar 11% 10% 17 26 Jun 373/a Dec 6% Apr 11 Jan 27% NOV 85 Dec 109% 1 18% Apr 15% Apr 22 893/4 May 5 47% Apr 29 9% Jan 4 25% Jan 6 Jan 12 90 106% Jan 12 113 86 Dec 1 % Apr 23/4 July 6 27% 26 Dec 31 % Apr 33% Jan Jun Oct 36 Feb May 30% Jan 26 20 13 139% Jan 21 141 Dec 129 % Jun 22 % Jun 313/a Mar Oct 11% Mar Apr 243/s Mar 27 9% Jan 3 I per share Jun 10% Jun 8 3/s 9% 21 18 . 13% • 1 Bohn 32% Jan 18 3,4 Feb 18 12 19% July 13% Apr 21 x243/8 Jan 16% Jan 1% Jan 30 x34 % Feb 24 ! 47% Jan 93/0 9 Apr 7% Feb 14 8% Mar 25 Jun 32 NOV 33 28 Dec Deo 193/4 Dec Jun Feb 7% ! 125 Jun 61% July 26% Jun Sep Feb 16 21% Apr 3 3 100 ' 18% Jan ; 123 29% Jan 29 3/a Jan - Mar 20 14 40 . Jan 3 253/4 Feb 20% Jan 27 124 12% Jan. 3 16% May 74% Jan 3 : * Dec 34% Jan Dec 17% Apr 24 393/4 Jan 24 203/8 Mar 25 Jan 31% Feb 21 36% Jan 4 73 Apr 13% Jun ' V Dec 94 Jan 4 80 Mar 29 89 Dec 82% Jan 16 3/s 17% Mar 30 13% Jan Jan - 18 3 7 Jun May 8 Mar 31 x97% Jun ' 122 t Dec 117 Mar 30 6% , Jun '• 11% Dec 82 Feb 60 Jun Feb 3 17 ' 20% 30 52 24% 26% Jan x21' 36% Dec 34% Feb 53 r Feb . Apr Oct 53 2 Jun 3% Jun ; ^53/0 Jan 16% Jun ; 22% Jan 12% Feb 9% ; Jan 109 % Mar Sep' 35% Jun 41 May 16% Jan 21 Oct 10% 40% Jun Jan' 153/4 , <51 V 4534 45% 453% 46% *45% 46% 600 163/4 4,000 39 *38 16% 16% *38 32% 91 9% Jan 77 3 6 2 Jan 14 24 . *104 17% 17 17 22 22 22% 84 84 84 85 83 9 9% 16% 17% *17% 17% 153/8 40 Jan 5 18% Apr 11 13% Mar 30 8% Jan 3 19' 34% 35% 34% 35% 35 35% 37% 38% 3734 38% 37% 38% 141% 141% *140% 141% 28% 28% 27% 28% 27% 28% 28 28% 14% 143/4 14% 14% 14% 14% 143% 14% 263/4 13 4 20% May 18 1 113 1% 26% Monday 1% 26% 26 26 26 26% 35 35% 35 35% 10,300 37% 36% 37 y4 59,700 142% 142 «/4 28 Tb 28% 8,200 143/4 143/4 2,800 X36% 141 141 141 600 500 PRICES May 4 $ per share Sales for Friday May 5 Thursday the Week t per share J per share Shares 26 y2 27 26% 27 143/8 14% 14% 14% 8,600 13% 13% 13% 12% 13% 12% 12% 12% 12% 12% 12% 13.300 15% 15% 15 15% 15% 15% 15 Va 16 153/4 16 1534 15% 2,800 30% • 31% 31% 31% 31% 30 y2 31 29% 30% 29% 30% 18,700 25% 25% 25% 26 26% 26% 26% 26 % 26% 26% 26% 4,100 53% 53 53% 52% 53% 52% 53% 53% 53% 53% 53% 19% 19% 19 % 19 19% 19% 19 % 19y8 19 3/a ,19 19 Vb 1,100 14% 14% 14% 14% 14% 143i 14% 14% 14 Vb 14% ,14 14% 5,600 5 - 50% 51% 51% 51% 51 51% 5,600 64 643/4 63% 64 y4 63 % 653b 16,700 98% 98% 97»/2 *97 % 98% 23/4 98% 23/4 *2% 3 1,800 37% 37% *37% 38 1,500 » 37 *9 9 % •: *27 27'% 11% 27% 8% 9% •9 ; 93/a 253/4 25% *25% 26% 25 I 25y2 27 12% 11% 12 11% 11% 113/8 11% 11% 32% 32% 32% 32% 33% 33 Vb 33% 27% 27% 255/0 25% 101% *101 27% 26 , 43 423/i 43 42% 43% 12 12 11% 12 12 12% 38% ; ,_100 *123 *77 i,—L—/.I 2nd preferred 19% «' 5% 5% 20% *103 22 38 21% ) *123 -124 1638 15% 78% *77% 37% 38 19% 19% 34% 34 *37% . - • 16% 78 " 19% 34% •>;: 4 , 18% 18% *123 16 37% 25 21% 20% 98 98 *84 - ~ ! • 91 15% • : -• 15% 8% 8% 122 121 10% 10 78 *75 5 3/3 5% 19% 20% 105 21% - /. 1 373/4. 37% 193% 20% 2oy4 *103 91 34 V 34 19% 20% '20% 20% i 97'% 97 97% 97 88«/4 *84 87 V2 87 *88 90 88 88 , ' 15% 96% '15% 15% g ; ■!'■■ 9 "*121% 122 .v 9 122 153i 8% ■ 9% 77 *75 5% 77 5% 20%c 19% 105 10 9 8% *121 % 123 <121% 9% 10 5% 20 *76 5% 21% 21% 213% 22 38% *39 39% 39 Vb *53% 54 54 5% 5% 5 % 5% 5% 5% 5T4 1 ' / / „ 19% 15% 45 '-16%V „ 11 41% ,,56% / " 20 3/b 11% 16' 10%'10% 20% 100% *i9y8 ;45 , 100 Va V ' 45 20% 21% • 11% 100% 100 y8 42 V2/ 103/4 ' 20 Va 20s/s 190 21% 1,800 5,300 *19 19% *19% 16 Va 15% 16 45% 45% *44% 45 7 *16% 56% *16% 17 56%! * ,.; 15% 15% 44Ti,!*55 , 19% '44% 4 10% f 10% 10% 11% io%;Lii;%.. 19% 193/8 19% 19% 20 y4 19%qr 11,300 ,60 2% 13,800 5% 24,300 -21% 21 y4 *42 ! , *19 2,500 11 Va 8,300 100 y2 11 '100% 43 > . 55 2 5% 11 16% *55 42 39% ?39 *54 100% *42 19 Tb 42 555'.: : 1058 5,100 J 193b 101 y2 / 21 10% 100% 15% f 20% 10% 11% *19% 16% ' 56 20% 100% *41% ; 16% ;;i7 *55- 534 340 21V* 54 5% *41% 70 7,700 k 77 19% 39% 54 5% / 4,200 101 y2 21% 22 : 5% 19% 9 9% 5% 5% 103 102 103% 2% 11% 500 60 21,100 . 123 77 20 y8 *19% 103% 2Va 203/4 , 9% 77 2% 100% '260 . 4 22% " 18,700 *" 10% 2»/a 11% ' 15 Vb 15 500 4,000 87 91 .,V v . V: 1,200 T 20% 2% *16% 37% *84 *88 1530 600 20 3/a 34V2 2% ' j*55 " *33% *37% 100 53,600 >. 34% 38% *44%. * V 16% 78 x97 / 16,900 124 16% '78-' x20>8 98 88% 1,800 • 20% Ti *53% 15 % 1 <123 16% *78" 773/8 . 2% 42 30 18% 124 " 38% 21 700 102 18% 533,4 *19% 38% 101 22 2% *41 8,500 21% 38% *11% .100 38 y2 3,700 12% 21% *53% *100%" 100% 100 43 12% 39 2% 21 / 1,100 9,000 21% 53% - No par ....10 *75 21 38 18% ' *53 2% 10 Mfg Co.. 77 21% No par Inc.. 10 105 22 18% ' ' .No par common 122 10% 5% __50 L_. 8% 8% 124 -■ , 15% 15% 20% Canada Dry Ginger Ale com..1.66% $4.25 conv preferred——:—No par A 90 '"*103 common__No par _____r preferred A 90 77 No par Ltd 90 8% No par Campbell W & C Foundry 88 10 % 28 Va 2634 ' 88- / preferred—^100 Byron Jackson Co 37% 35% 20% —.5 ... • - *97%' .*122 21,000 1013i *42% 102 102* 35,700 34 Vb 28% 12% 39 103 21% 124 16 *77% ' 88 '' *123 16 % 98 15% —100 Copper & Zinci. Byers Co (A M) common 123% 21 *85 i preferred—100 preferred 18% 87% 1 —— 18% *97% i 100 12% 39% *102 21% ,19% '19% *35 *38% 43 12 %r 770 11% 26 3/a 26% 10134 >£ 43%' 43 7,900 27 101 Vb 28 y4 26% 11% ~ 213/4 133/6 *37% «■:! 35% *28 ' '33 *101% x43 39% 103 28 % '26% 150 9 9 / 670 - 16% 19% 35% 21 V *39 *102 78 %A' 78% 37% '37% ■■ 22% > 123 16% t 38% 103 , 18% • if 78% • 5 —— ; 22 % 124 . 16% Co—£_——£—££Nopar *102 22 18% >18*% £—5 •' 103 22 i 33% 39 >'*102 .No par L._No par 7% 28 % 26 103 ; 101% 101% 25% *101 9% 9 7 28 Vb 25% 101% >. 43 I5 37%': 27 No par ;_No par .No par 23/4 2% 37% 32% 27% 25% 9% 9% 3 38 11% 32% 101% ■ 2% 33 27 5 11% 32% . >3 38 38 37% - > 1 ± 3,200 19% ■>' __15 common... , 53 31% *25 % 5 Co common (Philip) 33,200 14% £ Butte Carey 800 1,300 1% 265/8 Bigelow Airlines 1% 1% 14 V2 preferred—i, —__l.100 Burroughs Adding Machine—No par Capital 88 113 26 V2 _/100 class *87 *112 1% Wednesday May ? S per share < per thare 88 113 88 26% 141 26% 26% f 112% 1% *26 Tuesday May 2 May 1 88% 113 14% I Canadian Pacific Ry Cannon Mills Feb *87 26% Canada Southern Ry Co___^ 12 26% 87% 112% 138 1 % 26% $ per share 5 $& preferred Buffalo Forge CO.— $3 10,500 34% 1% 26% 87%' 112 * 14% preferred Capital Admin 26 y2 34% 87% 2% 1 "26% *26% • 26% 112 2% 9 263/4 26% 87% 111 1% 27% 2% 9 25,500 14% 1% Roller 17% Jan i4y2 14% 51 50% Feb 14% 14% 98% 56 % Jan 14% 14% 26% Canadian 13 14 % 14% 1,400 14% 20% Feb 16 3/0 Apr 14% 14% 64% Breweries 17,800 263/4 43 '1 Mar 20 15 46% 26 % 5 6 44% 1,600 14% Calumet & Hecla Cons Copper 28 46% %. 26% 19 . 150 44% 16 Vb 15% *87 V2 14% 5% Apr Feb 89% 46% 50% preferred 15%' 46% 98% 5% 16 15% 47% *86% 2,400 16% 4 6'4 *111% 1,700 15 89 47% 111 10 32% 15% 15% 89 *86% ' 32% *14% 89 16% 46% 15% *87% 63% California Pack.... 17 7,800 31% 26% 28 12% Feb 24 16% 15% 89 51 participating 15 15% 98% 7% 32% 15 89 64% 4%% 323% 15 15% 50 % conv 33 210 8% *30 14% 13% Feb ?2% Feb 32% 600 86 8% 9% 31 89 26% 86 x8% 31 15% 26% 22% 32 87 47% *87% 70 17 22% 85 15 63% (The) 86 9% *31 14% 1 106 9% 32 2,600 1,300 17 22 »/4 *22 Va 10,200 105 105 17% 17 47 —_1 Callahan Zinc-Lead 3 9% *31 32 105 104 % 17% *97% & 104 22 9% 18 87 19 3 104 *15% 26 22 105 15 Jan Apr 33 32% 23/i Apr 10% Jan 3,200 14% 40% Mar 21 100 33% 32% 55 4 ' 33% 14% 5 18 3/4 Apr 33% 32% Bush Term Bldg 20 5 33% 14% Butler Bros common.——_.15 24 4 300 33% 33% 50% Bush Terminal 5 Apr ioy4 32% 20 243/8 jan 13'/4 10 14% Burlington. Mills Corp common—.1 4% preferred £ i—100 > 105% Jan 53% 18 Vb 10 33 23 Feb 52% 18% 10 *32% 14% *17% 3%% Apr 11% Jan 53% 18% 10 98% Mar 23 125 523/4 18 34 9% 63 % 3%% 15% May 53% 18% 173/B 83 39 *38 53 22% *31 16% 16% 39 19% 10 17% 83 16 5/8 *38 *22% 22 83 16% 39 *38,* 23'/a 22 54% 33 105 23% 16% 39 9% 32% *104 105 17% *21% 10 22% 16% 16% 39 9% 5 For footnotes see page 24. 46% 31% 8 54% Mar 31 Oct 45% 9% Jan 43% Apr 153/4 Jan 9% 47 *30% 1% Feb 19% May "j 26 16% "Dec Mar" 5% Feb Dec Apr 5 66% Nov 12% Mar' 50 Dec 13 Mar 29 101% May 1 98 3 3% Jan 19 Jan Dec 105 Jun May • "9% Apr 18 693/4 Mar 7 4!% Mar Jun *46 50% 9 'Jan * Jun 98% 47 16% < *17 * No par .No par Bulova Watch Co Inc ' 9 500 67 Va 62 % Bullard : 100 Dec 84 . Nov 91 * Jun 11 21% Apr 28 Mar 2 193/4 95 4 Apr 18% *65% *97% Budd 4 18% May 18% 66 % 1 1 Bucyrus Erie Co -7% preferred 79% Mar 27 36 77 * 18% *64 % 10 Brass $3.60 preferred—i— 2 Feb f 70% *18% 66% *104 ^2.50 Brunswick-Balke-Collender 11' 1 13% 19 *64% *32 /.Brown Shoe Co Inc common 103% Jan 24 12% Feb ! 18% 66% 100 Brown 7 Oct . 13% *64% 19 _ Brooklyn Union Gas 19 Mar Dec 353/8 16,400 *18% 26% Class B_— 3%% 76 4 . 22% 18% 66% 22% 52% , ' Jun 22»i 18% *64% 19% Bridgeport Brass Co— No par Briggs Manufacturing Corp—No par Briggs & Stratton—t No par Bristol-Myers Co common 2.50 29% , 23% 18% 22 % (assented)-.100 Bearing Co__i_ 5 Braniff Airways Inc.. 2.50 Brewing Corp. 6f America— —15 3 13% 1 22 '/a 4,900 No par Bower v • 23 % 14% 66% Boston & Maine RR 43% Apr 24 36% Mar 2- Dec 40 ; 30,500 14 14 LOW AND HIGH SALE 9 13 11% Apr 24 ; 19,400 11% Saturday 4- Jan 36 1023/4 10% 11% 55 Borden Co (The) *. Borg-Warner Corp common. 3 % % preferred l i. 105% Jan Deo Jan 14% 10 28% 14% 9 20 Dec Jun 14 10% 11% 28 *14% 5 Apr 100 12% ♦ 13 18 23% Mar 24 Dec 39 Jan ' Jan 25% Apr Jan 105% 29% Mar , Jan 29% Oct Jan 14% 10 >*140% 4' 18 14% 11% 100 Jan 93/8 Feb 2,300 10% 9% No par May 32% Mar 84,400 47 Va 12 —No par B011 Ami Co class A.i 12'/a May 34 % May 8Va 47 10 38 141% 6 5 3/a 4 May x7% 47 y2 8 11% 37% 513/4 Apr 3% Apr 38% Jan 8y4 473/0 10% 19% 1 Bond Stores Inc 100 3,900 11% No par 9 73/4 Mar 10 s Jun 1' 3,000 12% 11% 54% Boeing Airplane Co.. 15 200 7% 12% 10% 10 32% Par 5 Feb 15% *7J/s —No par 10 , *15% 7% 13»/4 13 13% 47 —1 & 15y8 7 Va 13% 11% 19% (EW) Co, Aluminum *15% 7% *13 700 7% lO3/0 Apr. 29 Bliss & Laughlin Inc_> Mar 13 7% 1334 55 \ 7'/2 11% 5 —_— Jan Jan 13% tper share 7% 7 % 10% 9% * 1,800 15% *15% 7% 13 % 130 17 13% STOCK Jan Dec 120 YORK 60 ' 15% 7% 12% 112 17 17% 7% *73/8 800 *110 110% 17 3.8C0 10% EXCHANGE 27 2% . NEW 2 48 % Jan 110 17% 56 V2 11% 22% ,_i 7% preferred g Bigelow-Sanford Carpet Birmingham Electric Co 223/4 Mar 25 55 112 17 1,440 24 y2 56 13% 100 2 52% May Jan *15% 8 13% 19% — Jan Jun / 15% 100 (Del) com Jan Jun 15% 100 24% 57 *17% • .2.50 t — 64! 38 7% 10 Foods 27" ' 7% 1 & Co. 4 - 7% 17% 1 £ Best 28% May 5 153/8 Apr 11 7% 8 17 No par 12.50 & Best 31% May *110% 110% 18% 100 24% % *64% 50 10 : Bethlehem Steel 13% Jan Apr 110% 17% 590 11% 100 .100 pfd $3;25 ser Of 1946-Nopar pfd $4 div ser of 1948_No par Benguet Consol Mining Co..18 pesos Dec Nov 111 *110 20% 115 % 47% 10% '' Cum 15 / 111 8 —13 preferred Jun Jun 15 % 56% j Bliss 97% Apr 95 24 57% Packing Co 5 Jan 248/» 57% *110 115 100 99% 24 % 57 50 143/4 Jan 3 100% 24% 57 Corp.:. 19 22% Jan 100 24% 57 % 100 37.700 115% 24% - 11% Apr 253/4 Mar 115% 57 conv Dec ' 115% 24% convertible preferred 14% Dec 9 ^ 5 16 115% 200 48% 48% 57% 5 Co Jun Dec 183/4 100% 99% 475/B 24% —100 Black & Decker Mfg Co 98 100 100 48% 48 24% 16% Blaw-Knox Co 25y8 100 100 *38 54% 3 20% 115% 10 4 21% 115% 115 114% 50 153/4 Mar Dec 6% 115% 114% 1 : 29% Feb 51 / -6% 90 common 26 98% 25% 76 *85 (Delaware) 26 59% 26 *74 90 preferred 13% Apr 1% Mar 1 J T" 74 *85 preferred Aroostook common 25% Apr 91% May 74 90 1 3 % per share ' 42% 74 *86 48% non-cum Jan 38% Mar *72% 89 13% Nov Aug Aug Aug . 50 76 47% — preferred 6,800 89 8% Brothers 2,300 43 *74 *56% common. 1,300 13 47% 49% 48% Corp 107% 12.500 12% 75 % 3% Oil 107 % - 90 48% L. 112 13 48% 8% 15 % / 17% Jun ' 13 47% 49% 30% ' 13% 48% STOCKS $ per share 107yi 13 48% 3% Lowest Highest 107% 13% 48% 47% Range Since Jan. 1 Highest Year 1949 107 % 13 47% 8% Range for Previous Lowest 107% 13 48% 50% 36% Jan Mar 107% 13 48 8% 38% May 144 107' 13 47% 390 lll'/i 47% Cum 3 11 12 293/0 Jan 112% *86% Bendix Home Appliances. 33%c Beneficial Indus Loan common 10 23 2% Jan 110% *74 ,1. Bendix Aviation..—1 3 Feb 112% 50% 4 % % 1 May 112 49 Bell Aircraft Corp Bell & Howell Co common—— 27- 14% May 263/4 May 113 8% Eeeoh-Nut 4 111% 51% Belding-Hemlnway 10 X85 1,000 76 preferred—No par Beck Shoe (AS) 43/4% pfd —100 15% Apr 34% Jan 13 Mar 10 56% 8% Beech Aircraft 12 3/0 Feb Feb 98 103 % 56% 106 90 Beech Creek RR 12% Jan Feb Jun 11% Jun 85 Oct 3 *102 Vb 50% ' 13% Jan 103 J/2 56 56 734 $1.25 div 32% Feb 34% Jan 30% *102'/a 56 12% Beaunit Mills Inc_ 93/a Jan Feb 103% 56 7% 3%% May Jan *102% 15% Barnsdall Oil 30 10% 16% 105 % 12% Convertible 5% 26 32% 16% 106 V2 12% (B T) 2,700 12,500 16% 105% 56% „ 10% 16% 10% 103/4 16% 47% 100 Beatrice Foods Co common Jun 10% 16 *15% 106% 13 A—100 i.Sl.20) 34% Mar Jun 11 11 50 50 % 47% .100 Bath Iron Works Corp Bayuk Cigars Inc 6% 280 No par 13% Jan 27% 1143/i *15% 7% 4% 20% Mar 21% Jan *114 16'/2 5 4%% 23% Jan 114% *153/4 _5c Barker 6 100 114% No par Bangor & 19 20 % Jan 104% *18% Barber 15% Mar 25 Jan *104 No par —No par Babbitt 5 Apr 104 V <-73 convertible preferred Baltimore & Ohio 3,9 Jan 57% Feb 105 104 *87% Baldwin Locomotive Works \ 3,200 1,360 36,800 x50 16% 16% 103% 56% 1,100; 50 " *106 ,105% *102'/a 55% 55% 5434 80 y2 80>/2 Mfg Corp (The) common.,,—3 $2.25 conv preferred No par 51% Apr 20 3/b Feb 22% series common Conv prior pref 23 25 Jun 103 106 80% 80% 5 Powder 4% 19 3 22% Jun 9 preferred Atlas Tack Corp Austin Nichols common 4 14 12% Apr 23% Apr *102% 102 107 9% . 25 common Preferred $3.75 series B 25 13% Feb 3 Jun 25 v Refining conv Atlas 18 14% 23% 102 106% 103 % 9% 9% —100 preferred non-cum' Atlas Corp_. 18 9% Mar 27 9% Jan 183/i Feb 107% 102 % £% 116 11434 *15% 16% 1021/2 102 10 51% ' 107% \% 3 53% Apr 60% 23% 16% Avco 4 Dec 11% 16% 107% Automatic Canteen Co of Amer 53/4 Jan 1% *10% 16% 107% Autocar Co 373/4 Jan Jan 11% 16% 107% 12 Jan Jan 11% *107 10 25 Jan Feb 11% 17 112 % 28 7% 21% 10% 16% 111 Feb 44% Mar *153'4 111 8% Apr Jun 39% Mar *115% 16% 110% 143/4 Jan Jun 116 115% *16% 37% 104% *104 104% 34.900 36% 81 50% 507a *104 54% 3 8 50% 80% 104% —10 12 4% 93 Co si . , Shares 38% .36% 102% 9% Sales tor the Week t per share Sper share 38% 10F 10 115% 100 . Investment 6 % Jan 15 34% 73% 2nd preferred *104 37% 102% 16% *16 100 12% Jan Dec Nov 69 1st preferred Jan Jun • 116 Atlantic 16 8'/a Mar 16 *115% convertible .si May 4 t per share 383a 9% 50% 50% 503/4 104% com 17% Mar 4% 10% xl3 Feb 503i 5% « 112% Mar 30 25 80% Atch Mar 23 73 Feb 42 80% Atlantic Coast Line RR— No par Atl G & W I SS Lines common 1 Feb 93% 82 A T F Inc 30% 20 *80 % 6 53 106 10% 2 14% Feb 43% May 77 r 28 9% Topeka & Santa Fe com—100 5% non-cum preferred— j_100 20 Apr 10 *103% Associates 19 108 9% No par 7% 7 2 1143/4 Apr 101% 5 No par 6% 102% 100 com prior preferred 37% 102 Friday May 5 Thursday May i. t per share 38% 37% 102 Wednesday 'May 2 # perthare 37% 102 37 PRICES SALE Tuesday No par Illinois of lo preferred—No par Corp ! 5 Artloom Carpet Co Inc No par Associated Dry Goods common 1 30 59% Mar Co & conv $4 9 Feb 47% Jan 104 May I t per share Arnold Constable 9 17% Jan Jan Apr 50% 12% Jan 110 Dec 87 $6 10 Apr Jan 15% Armstrong Cork Co $3.75 preferred— 53 104 109 95 Armour 27 Oct Monday Apr. 29 Corp common 4%% convertible preferred 10% Apr 24 823/4 Apr 24 100% Mar 13 Dec 16% Saturday Armco Steel Monday, May 8, 1950 .... RECORD LOW AND HIGH STOCK Par 2 Jun 13% Mar YORK Sperthare share 19% 105% STOCK EXCHANGE 77 f YORK STOCK8 Range for Previous Lowest t The Commercial and Financial Chronicle ~ 260 43 i'rt '15% 44% ■ 50 -19 % 15%,. . .' 44%^/, 16 V2^.« ^6.5,5/ 56 ...igr-d j;r 1111 ya ,> i il^Va-ttV . 57,200 ,,500 500 ' 30 9,600 -,-f 4,300 Volume 171 Number 4905 .. . The Commercial and Financial Chronicle Range for Previous STOCKS Year 1949 Lowest Range Since Jan. 1 Lowest Highest $ per share 100 Jun 9 per share 108 Feb 9per share Jan Jan 33 Dec 31% Jan 13 Jun 35% Jan 30 % Jan 3 18% Dec 16% Mar 30 12% Jun 30% Mar 6 131 267/8 Apr xll4 Jun 13% 38% May 3 ' 8% Apr 13 Carriers & 38% Jan 48% Jan 24 Case I) Nov Nov 37% 140 Jan f. ... 156 3 Dec 32% Jan 27 104% Dec xl04% Jan 18 Dec 105% Dec 104% Jan 3 132% Dec 130 % Jan 13 26% Jan Jun 18% Jan xl7 Jan 17 Jan 15 12% Jun 6% Mar 33% Jan 8 1 10 Dec 10% Jun 9% Jan '< 9% Jan i Dec 35% Jan 112% Dec 110% Feb 9 Oct 9% Jan 25 14% Oct 14% 12 Apr DCc 14% Jan Oct 12% Jan 8% Dec 2iy4 Jan • Jun 7 21% Jan 15 1 Jan 13 31% Dee 30 % Jan 3 Jun 98% Dec 98 Jan 5 9% DCc 28 V* Jan 24 27 Nov 34% Jan 27 Apr 77 : Nov 85 Feb 80 3% Jun Jun Feb 7% 5% 7% Mar 29 35 10 ' Checker 9% Jan 30 17r Feb 15 86 % Apr 3 15 6% Feb 24 9% Jan 3 12% Feb 24 Dec 12% Jan 13 5 12 15% Apr Feb 13% Dec 11% Jan 13 Jun 20 % Nov 19% Jan 3 5% Jun 10 Jan 7% Jan 3 Jun 5% Jan 4 Jan 4% Jun 8% Jan 7% Jan 13 Jun 34% Dec 27% Mar 30 9% May 35% Feb Jun 15 Jan 11 15% Feb 17 9% i 18% Mar , 10% Feb 18 5 5 % Feb 18 3 24 Dec 36% Jan 27% Jan 3 21% Jun 29% Mar 17 Chic Ind Chic & p vtc 32 % Mar 23 Jun 55% Dec 25% Jun 41% Dec 39% Jan 13 46% Feb 56% Jun 82 Dec 79 Jan 14 5% 88 % Mar 17 May 13% Nov 12 Jan 30 30 % Mar 4 $3 3 Conv 19 preferred xl3 Range Since Jan. 1 Lowest Highest 9 per share 9 per share Jun 35 16% Jan 13% Jan 4 Jun 2% 5% Jan 3% Feb Jan 45% Jan 3 60 30 % Dec 36 Jan 30 44% Jun 68% Dec 62% Jan Apr, 28 13 63% Apr 17 34 Feb 291/4 Dec 26 Jan 24 Jan 59% Dec 58 Jan 13 29 Feb 86 Sep 82 Jan 3 91 May Jan 34% Dec 31% Jan 13 34 16 19 % Mar 19% Oct 16% Feb 20% Jun 30% Jan 24 67 NOV 85 145 36% Mar 108 Oct 20% Jun 105 Mar 72 Mar 11 Apr 12 Mar 30 43% Dec 43% Jan 3 112% Jun 109% Jan 17 28 % Dec 27 Mar 10 Jan 36% 108 Aug 106% Feb 24 Dec 61% 73 Feb 62% Jan 3 Dec 10% Aug 14 3 28 Jan 10 Claik Apr 12 C C C 3 46% Feb 3 112% Mar 4 29% Jan 9 4 43 15% Jan 12% Jan 3 32% Jan 13 19% Apr 28 37% Mar 15 13 112% Mar 16 35% Dec 105 % Dec 3% July 101 Jan Mar 14 Clinton Jan 4 Mar 22 Feb 22 Mar 27 27 Jan 11 143 Feb 18 7% 8 4% 141% Sep 138 Mar 30 Nov 82% Jan 74 Apr 26 x-124% Jun 152 54 Nov 64 Sep July 1075 Jan 1075 5% Jan 5 29% Feb 89 Jan Feb Xl3% 43% 81% Mar Apr 13 165 53% Jan 21 55 Jan Cluett 3 Mar 3 42% Jan 3 46% 97% Mar 22 Jan 16% Jan 13 19% Jan 14% Mar 30 17% Jan 11 18% Jan 12 12% Jun 19 Jan 15 Jun 19% Jan 16% Feb 15 7% Jun 17% Dec 16 Jan 13 26% May Jun 17% Dec 16% Jan 13 28% May Jun 16% Dec 15% Jan Jun 291/s Dec 28% Jan 3 Jun 28% Dec 28% Jan 13 9% Jun 13 14 7% 13 26% May 10% 13 131/4 15% 151/4 15% 15% 151% 17% 17% 17% 17% 17% 17% *7% 7% 7% 7% *71/2 7% 19 if 18% 27 cum A & 7% 5% Co 18% 18% 18% 17% 18% 17% 26% 26% 34 *26% 27 27 341/4 *102 34% 34% 27 27 34% 34% , 8 Ve 8% *28 27% 27% 28 f *821% 84 11% 11% 8% 8V4 x28 % 28'A / 8% 28% 28'% 28 28% 28 3/8 84% 84% *84 % 86% 6'/a 5% 5% 5% '12 ' Y 12% 12 12 14% 14% 14% 14% 14% 16'A 16 16'/a 15% 15% 153/4 153/4 27 161/4 27% ff f 15% 271% 27 27 Ve 26% 27% 26% 26% 9% 9% 9% 9% YY 93/a 9% 4% 5 4% 4% 4% 4% 9% 9% 4% 9% 9% 9% 9% 4% . 4% 4% 5 9% 31% 32 14% 14% 14% -151/4 15 31% 31% *27% *56 Y 28% 28% 291% 56% 56 56 91/4 9% ff 32% * ' 9% 31% 151/4 14% 32'% 31% 29'A 'Y 9%. 32i/4 ' 31% 32% 91/4 31% 29i% 14% ft 413/4 41% 42% 42'% 82% 83 831/4 83% *13% 13% 13% 13% *13'% 13'% 9% 93/4 30% 31% 14% 14% 30% 31% 31 29 29 •28% 31% 28% 56% *55 56% 200 7,900 1,500 31% 291/s 56 42% 41% 42% 41% 83% 82 82% 82% 13% 13% *13% Monday 5% Tuesday May 1 May 2 *13% Wednesday / May ? f " 9 per share $ per share $ per share 17% *16% 171/4 5 56% 55 *30 31 31 68 68% 68% 69 % 68 i 32% / 5% *55 32% 32% 32% 32%' *107 10 107% 5'/4 * » *107 f.:/ 55 *30 IO71/2 9 per share *16% 3iya 67% 68% 66% 68% ,67% 32'% 32% 32% 32% 32% 107% 107% 107% 107% 107% 107% 32% .107% ff :, *30% 32 fi Y 300 f 69 80 100,500 V *'8,400 . f ,, ' 180 28% 28% 28% 28% 28i% 28% 28 % 28 28% 28 28% 2,600 63 % 64% 65 65 65% 641/4 651/4 64% 65 64 % 65 % 11,500 7% *87 7% 7% *87 91 26% r 32% *17% 27% 27 7% *71/4 91 Y 7i% 91 33 *33 333/8 2,900 18% 17% 17% 17% 17% 17% 17% *171/8 17% 700 27% 10,600 27 27% 27% 27% 160 *130 160 *130 *75 80 80 80 80 45 28 28 *107 109 281/4 *107 45% 45% 110 *110 281/4 109 27% f 72 *70% 72 70% 42 *40% 42 *40% 27% 28 45%. 28 *136 46% 27% 46 27% 11,000 110 27 108 60 46% 109% 27% 107 2,400 Y; 107 70% *70% 72 *70% 72 42 *40% 42 *40% 42 42 * 42 *70 3/4 72 10 19'/4 18 18% 18 18% 18'/a 19% 18% 18% 1 33% 33% 33% 34 33% 341/4 33% 341/8 33% 34 333/4 34 105% 105% 105 % 106 106'/4 105% 1061/4 107 106 106'/4 106% 80 20 17% 106 410 - 18% • 20 81 110% *107 i'Y'YY' 160 *80 81 *110 f 107 27% 160 *80 46% 110 107 28 Ve 27% 27% *130 80% 110 107 107 *70% *88 160 45% 46 110% *40 3/4 , 1,000 92 32%: *130 110 7% < ♦91 33% 80 45 7%' 92 32% 160 110% 7% 91 32% *70 *44% *7% 91 32% *87 *130 *109% 7%Y 7% f 33 ..100 95,000 4,800 1,450 4% 43/4 4% 4% 4% 4% 4% 4% 4% 4% 4% 4% 1,300 23% 24% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23'% 3,000 138% 138% 138% 138% *138 100 138% *74% No par com *74 76 158 159 No par 53% No par Corp 159 *1180 53% 53% . 76 160% 155% 44% No par 44% 451/4 *98 *98 99 45% 17 J/4 17 17% 17% No par 15% 16 15% 16% 16 20 16% 17% 100 *23 J/4 24 24 24% 100 *24% 25 25 25 *24% *23 2nd *138 74% *74 76 155 155 155 5318 *1180 Dec 11% Feb 14% Apr 13 Columbia Gas 13% Oct 11% Mar 30 14% Feb 20 Columbia Pictures 681/2 Sep 60% Mar 25 66 Feb 14 26% Jun 32% Oct 30% Feb 15 37 Apr 17 $4.25 cum preferred w w Columbian Carbon CO 4 System Ohio So Inc 53 U Elec •' 138 75 154% 53% 17 17 17% 23% 44% 44% 44% 1,600 155 53% 2,000 53§3 2,020 99 99% 17 17% 17 16% 16% 17% 17%; 24 23 24% 25% 24 13% *13% 13 J/4 No par *61 63 No par *36% 36% 36% 36% 36 21 20% 20% 20% 21 24% 24% 24"% 24% 24% 62% 62% 63 % 62% 63'% 5 13% 13% 20% 131/4 *61 13% . 13% 13% 13% 63 *61 13% 13% 13% 13 13 63 36% 45% 5,800 • *99% 17% 163/4 17 2,800 16% 163/4 16 15,100 17% 16% 16% 1,800 24% 25%' 25% 253/a 2,800 26 17% *61 131/4 63 44% 99% Y 15% Xl7 Y 25% 23 % Y " 45 99 25% 90 - -• *1180 17% No par Co__ 138 *74 *1180 45% No par common 138% 16% *98 17% Southern non-cum 53% 138% 99 44%' 99 No par Ry com preferred! 155 53% *1180 preferred 1st 74% 158% 53% 54 *1180 *138 74 74 ' com__No par Feb 24% 32 No par 48% Mar 10% Aug 541/4 *31 24% Jun 54% 63 35% 7% 11,800 Y 32% t >69 ; Y 200 5% 55 28% ... 33% Mar 16 Shares y 17% 31% 35% 29% Jan *16% YY; 5 31'% 35% Dec Sales for the Week 54 23 Dec 17% 5% 5' 5% 35% 30% 300 Friday May 5 55 36 20% 8,400 f 3,500 9 per share 54% 36% Jan 20,200 7,300 .13% 55 A' ; *107 : Thursday May4 ;f. 16% 5% 51/4 5 54% 31 16% 17 17 35% Jun Yf 83 13% 69,600 1 42% 83 35% 13% 9% Y *55 36% 25% 1,900 15% 36% Dec 5,500 5,600 > 32 23% 60% 3,100 fY 9% 41% f 19,200 Y 14% 36% Feb •' 301% ' 23% 46% 14 97/b 15 28% 43 83% ' 32'/a . 56 56i% *56 14 17% ., Aikman & 14% 2,700 '%'■ 3,900 • 16 f 26% 200 • 12 14% 26% f per share No par com (The) non-cum Columbus 12% 13% 12% 12 12 800 32,500 f 5%. 16, 15% -•*82% 100 4% 6 40 2,000 291/b 861/2 5% 36% 22% Mar 2,400 * * *84i/4 36% 24% Apr 26 700 • > "8 «/8 6% 36% 20% Jan .. 28 28'% 36% Sep 7% 28 83% 36% Dec 8 % 28 5% *22% 22% 32,200 . 34% 103% 83% preferred___lOO 27% 27 34% *102% 28 ; Columbia Broad Sys Inc cl A___2.50 Class B ! 2.50 Feb 27 34% 28 8% 281/4 61/4 6 6 81/4 281/4 29 18 Jun 27 103 18 18% 200 7,300 > 1. 103% 34% 103 *102 103 *102 38% Apr 21% 3,400 • 103 38 Apr 16,000 " ■ 18% 100 preferred 4% 5 73/4 18% 31% 50 common Internatl & 17% 18% 8% 50 _________—... conv 153/a 17% *7% 8 18% 18% gtd Corp. Colo Fuel & Iron Corp com Colorado 15% 17% *7% 1 2nd cum 15% 3 7% 7% 18% *17% pfd conv 15 Ve 17% 7% 19% 29% 100 Inc 15% 17% 19 *4% 20 Co RR 15 f 19% 8% 14% ; 800 19% 84 41 2,200 13% 20'/a *26% ■* 10% *12% 191/4 29 *11% - *10% 131% 19 *5% : 10% *12% " 27% •' 10 10% 13% 19 34% *82 1 112 10% 13% 191/4 8% ' 112 112% lO'A 19 103 *28 1 *112 27% 27% 281/4 3,130 25% > 991/2 Y 90 25% 26% 26% 34% • 35% 34'/8 34% 34% 35% 34 34% 2,000 13% \ 41,000 13% 13 *61% 13% 13% 13 13 63 *61% 800 ; 5,100 . 13% 3,200 63 36% 36 36% 20% 21 20% 21 203/4 20% 4,700 24% 36% 24% 24% 25% 245/a 25% 8,000 63 62% 63% 63% 635/8 36 36 2,700 Combustion Engineering Superheater Inc .____ 27% Jan 10 16 64% Feb 6 Commercial 15% Mar 30 21% Jan 3 Commercial 57% Jan 9 Apr 13 24 11% Feb 3 Jun 30% 34% Doc Jun 4% Jan 25 Apr 28 27% May 4 3% Feb 15 30% Feb Feb 2% 21% Feb 29% Dec 27% Jan 3 1 Conde Nast 32% Mar 29 109% Mar 18 xl06 Apr 109 Oct 107 May 41 5 6 Feb 114 Mar 30 107 11 Jun 14% 8 Feb 11% Apr 15 11% Mar 30 Jan Sep 38% Jun Feb 21% 10 Jun 12% Mar Jan 19 16% Apr 11 Jan 46% Mar 11% 9% Apr 42% Jan 20 3 3 117% Apr Consol Publishing Co 18 17% 18 17% 18'/4 17% 18% 17% 18 17% 31% 31% 32 31% 32 31% 31% 31% 31% 31% 14,600 17% 31% 31% 9 J/4 No par 9,600 13,800 Edison of N Y of Preferred 26 25% 25% 25% 25% 25% 253/4 253/4 25% 27% 27% 27% 27% 27% 27% 27 3/8 *27% 28% 800 4% 4% 4% 4% 43/4 4% 43/4 4% 33,600 31 % f 31% <31% 31% 31% 31% 4% 31% 31% 31% 313/4 31% 313/4 23,100 *1071/4 107 J/2 107% 107% 107 '/a 107% 107% *107% 107% 107% 1073/4 1,800 251% 25% 25'% 25% 255/e 25% 25% 253/8 25% 25% 253/8 11,000 114% 114% * 107 251/4 115% 115 115 107J/4 107 107 11% 6 Consol RR of Cuba 6% 9 Consolidated Stores Consolidated Natural Gas Retail 3,70t 25% •106J/2 5 9% 27% *115 12% Jan 9% 4 J/4 .1.100 B 47% Feb 9% 5 11,700 - series C_— 20% May 9% 28'% .100 series 9% t. common..—No par 4%% Preferred 4% ' 9 »/4 9'% 25% 25 Consolidated Grocers C0rp__._l.33y3 Consolidated Laundries Corp. __5 12 28 9% 4% No par . Elec Lt & Pwr Co Baltimore 9% *27'<2 < No par com 9% 9'A ' * .. $5 preferred 6 108% Apr 10 14% Jan 10 12% Jan 62% 17% 25 Congoleum-Nairn Inci... No par Cigar No par Consolidated Coppermines Corp 5 3 26 % Apr.; 62% 10 No par Edison Co Consolidated 6 May Cons Gas 24% Apr 24 common Solvents y4' ' 25% Nov Credit Commonwealth 24 No par V .15 pfd_ • ; 45 . 1 114% 114% 114% 1071/4 107% 1071/4 11% 11% 11% 11% 113/4 11% 10% 10% 10 10 10 10 44% 45 45 45% 18% 19% 113/4 11% 114% 107 1071/4 11% 11% 11% 11% 10% 10% 10% *10 '/a 10% 45 451/4 44% 45 17 18% 18% 18% 18 18% 12 12 11% 11% 11% 11% 45 17 % 11% 11% . ♦107 Y 12 if 16% 100 Inc *10 Y 114% *107% 114% .540 108% 44% 203/a *11% 700 . 45 19 100 2,800 4,400 19,400 ll5/a j 10% f 2,300 " 7% Jun 10% 8 Jun 12% Apr 10% Jan 25 36 33 29% July Dec 9% Mar May 103% Apr 113% Dec 105% Apr 110% Dec 27% Jun 41% Dec i*' 93 Jun 103 Nov Jan 8 13 Apr 20 111- Jan* 2 3 101% Jan 11 -17% Dec 14% Apr 24 Jan x98 Dec 95% Jan 9 13 - 6 1 f 24 • Jun 37% Dec 35% Jan Jun 102% Dec 102% Feb 3 Jan 9Y* Dec 8% Feb 7 10% Apr 13 78% Dec 54% Apr 27 .78% Jan 11 6% 56% Feb For foetnotes see page 24. 39% Feb 103 4% preferred . • > 17: , 10% 10% 10 10% 17% 35% 17'A 17% 17% 34% 34% 35 111% 111% 111% 111% 111% *108% 109% 108 % 16% Y X34% 112 *108'% 109J/4 46 1 46 1®8% * *103%. 105 100 10 10% 16% 34% 16% 45% 45% ♦104 .Y 105 < 111% ' 45% 46 *108% X45% . 104 105% *104 f Continental Baking Co comu.Nopar preferred—.: —.No par Continental Can Inc common—.20 $3.75 preferred J. :_Nopar Diamond Fibre Continental Insurance— . : f * 15% *97% 36%- 15% 98 v. 15% *97% 37% 36% *102% 103% *102% —5 9% 9% 9% 10 55% 55% 55% . Continental ; 10 34% No par $5:50 7 Jun ' < Y $4;52 preferred—..J_—..No par Container Corp of America com__20 Mar 15 Jan _10c No par .$4.50 preferred • 19% Jan 24 T 100 Textile Go Inc Consolidated Vultee Aircraft.—■.—1 Consumers Power Co com 4 46% Apr. 28 106 Consolidated ■„ Mar 16 113 May 38% Jan Jan 95 Feb 110% Mar 30 13% 30% 36 108 % < 85 - 12 " 17% May • - - 19% 27 *34% *102 ; 6 5% 112% *112 10% 13 100 $3.50 preferred 5 7% 10% 12% 5 preferred Collins 5 8% 16% 101/4 12% 32% Co Colgate-Palmolive-Peet 20 100 10% 15% * Y 112 »/2. 10% 32% preferred Peabody & Co ClasS 9 Jan 17% *112 *112 112% > » *12% 5 gtd Coca-Cola Ma"r~16 Dec 17% Pitts Coca-Cola Dec 100 112% *112 * 100 Clopay Corp Jan 172 2,300 No par Louis Ry Co com Foods 4 % % 5% July 35% No par 4% stock Climax Molybdenum.. 30% 70% 35 ■% 100 Corp preferred. Special Jun 21% & St Cleve & Jan Dec 36% 8.50 com Milling Machine Co. non-cum 5% Mar 25 37 Jun 36'/8 Cleve Elec Illuminating com__No par $4.50 preferred No par Cleve Grapli Bronze Co common 1 27 72 Elec & Equipment 5% 107% Apr Gas I T Financial 145 80% May Corp City Investing Co common 5%% preferred City Products Corp City Stores Co 3 Jan 24 % 133 8% Jan 43 101% 36% 100 preferred 4% C Mar 15 1 preferred Cincinnati 6 68% Mar 22 Jun Jun 36% 17% Cincinnati 4 Feb 16 36% 25 6% 6% Apr 36 1 Chrysler 79% Dec 36'% 25 25 8% 361/e ' 10 Chile Copper Co 109% Mar 30 <4,400 36% 36 51/4 4% LOW AND HIGH SALE PRICES 24 4 Sep Sep 18,300 11,700 10% Saturday Apr. 29 13 4 32% 105% 63/4 20% 5 * common ( 6,300 5% STOCK Oil Cotton Co 5%% Jan 16 Jan Apr Jan 42% Childs 103% Jan 26% x20 Chickasha 17 300 2,500 9% 193/4 Par 24 6 9% 10% EXCHANGE Apr 18% Feb 69% Apr 34% Feb 97% YORK 9% ' ' 18 10% .100 9 per share 14 Jun NEW Highest 9% 9,500 1 17 18 19% No par STOCKS Year 1949 $ per share series A 9'/a 18% *16% 10% No par com 18% ■ 17 '/a 18 10 19 RR Co__No par Chicago Yellow -Cab Range for Previous Lowest Pac ' 19 17 •- 5% * preference_.No par & Is 18% 18 • 101/4 100 convertible Chic Rock Y •V ' 137% 19% 100 preferred Chicago Pneumat Tool x56% Mar 15 13% Apr Paul 19 'A * : 500 106 . 5% No par St *136 9% 91/2 9% 106 137% 18% 18 ' 25,200 ' 10% No par Milw 9% 1061/2 "136 17% *17% 18 ♦106 137'% 33% 18% No par Series A preferred vtc Chicago & North West com 18 Y: 323/4 33% 5 100 18% cl A—_25 1 49% 10 Louisv Ry Co 3 20 26i% Apr 531% Jan 17 & Class B Y 37% 106 ioy4 .50 . 19% 17 »/o 33 50 8,600 155 363/4 *105 1061/4 106% f * 136 Y, 19 f: 155 37% 106 18% ... ... 33% 32% 157 - 36% *104 lO'/e 4Q. preferred Vf 37% 106 10'A Chicago Corp (The )-j.j ; l Chicago Great West Ry Co com__50 5% Y *155 157 *105 18'/4 No par A •- 7,500 - 4% preferred___100 com 43% 43 10 1.25 convertible :;iv' Class 23 3 Jan 3%% 4 28% Feb Mfg Chic & East 111 RR Co 10 12% Cab 44% 17% Chesapeake Corp of Virginia —5 Chesapeake & Ohio Ry common—25 ; .<;■ 43% 4% Champion Paper & Fib com__No par $4.50 preferred :. __No par * ; 1,200 44% 10% f 6 400 83/4 18 17% No par 22 38% 83/4 18% 4% 1 ._ *38'/8 8% 19 , 18% 9% 38% 8% 18 10 Certain-teed l_ 9% *38% 17% 19% 17% 18 11,700 18% 37 ; 106V2 137 137 1,000 17% % Products 19 •17% 18' *105% 137 *35 - Violeta Sugar Co__ 9.50 Century Ribbon Milla. ; No par Cerro de Pasco Copper Cnrp i: y Chain Belt Co 19 *17% <17% '• • Feb . 18% *136% 1 * par 104 % Apr 4% Feb May 14 Jan ' Light 105% Central 18% Apr 29 31 Jan 11 Apr 30% Jan Jan " 12 * 7 26% May common. Illinois 105% 137 * ____ 19% Mar 23 17% Mar 30 Dec 5% Central 3 Nov Corp__No 331/4 331% Y. of Ga Ry Co vtc_ No par preferred series B vtc__ 100 5% 32% 321/4 , 38i/4 8% *155 , 36% 32% 1 353/4 *35i/8 " 18% 36 3,700 43% > 1051% 106 % V. 17% 9% 1 i.__ 36% 105% *135 5 157 *155 j 180 33 32% 8% 44 37'/4 107% 33 18'/4 f 8% 105% 32% 120 . 156 37 t ] Shares 38'A 181/4 43% 107% 107% 32% Sales for the Week ' 36 '/a 36'% 38 8% *104% *105% ' __Nopar; * Sugar Co 18 431/4 155 37 107% 32% 32'/4 36% 105% *104% 100 l 156% 36% . 42 108% *107% 32% 38 8% " 4%% preferred >. j ..100 4 -v Central RR Co of N J class A 5o ; Class B ' , 50 1 " Central & South West Corp com__5 8% Jan 31% *155 ' 10 Central Hudson G & E 30 16% Mar 3 __100 27 3 Aug 17% July 91 Feb , Foundry Co_; ' * "2 11% Apr 14% Jan 13 Apr 16% . 113 25 13% , 38% Feb 100 Central 5 18'A 42 % 1081/4 36% 38 % ' 41% common 4.20% Aguirre 17% 8% 9 per share ' ' 38 Ve 8% , 36i/4 ' 17% 8% * - Friday May 5 9 per share 32% 38 *37% 25 2nd 17% 35% Thursday May 1 I per share 108 321/4 15 PRICES Wednesday May o $ per share 107 32 35% 1 common Central 6 5 10% Mar 29 10 10 s 107 32 SALE Tuesday May 2 9 per share 107% « 35% L_50 Corp Central 20% May 12 11% , Feb 22% July 18% Jun Jan 15 Dec 11% Apr 6% May 36% 0% July 14% July 9% A Jan 9% ' 32 * 5 preferred Celotex Corp common 5%' preferred ■ 10 18 v Co *106% No par preferred 7% 18% Apr 28 9% Jan Jan Jan 17% Apr 100 Light Celanese Corp of Amer com__No par $4.75 1st preferredNo par Mar 14 21 ' May 1 9 per share Par ■ Co General Preferred 25 140 Monday Apr. 29 Ohio Ry & & Caterpillar Tractor 9 34% Feb (J 7% 10 Mar 107% Jan Apr 26 24% Oct 12 6 . Nov 104% 18 11% Mar / 1* 37% Apr Jan Jun Conv • Jun 3• May 106 29% Mar 21 Jun 7% May / < 13 Jan 15% t 6 Saturday Corp common preferred 4% series 36 14% , Carrier x7% Mar 13 34% , Apr 97 Clinch Power Carpenter Steel Sep 146 Jun 23% Carolina Carolina 36% May 2 19% Jan 16 Nov 45% Jan 100% Aug 108% May 2 34% Mar 16 8% Jun LOW AND HIGH STOCK ■Y; YfYY/'/ 37% Feb 30 YORK EXCHANGE $ per share 11 26% 102 * NEW Highest 25% , (1895) 15% 15% *97% 98 37 Y > 9%' 10 57% 36% 103 103% ; 57 10 10 10% 10 15% 16% 153/4 16% 81,000 34% 34% 34% 35 18,300 111% 109 ; 45% 111% 112 V 112% *108% 109 Y •108% 45% *104 104 45% 451/4 *104 105% 15% 15% 15% 15% 15% 98 96% 98 96% 37 36% 103 9% 10 58 < 57 37 % 103 . 10 58% 36% 36% ♦102% 103% 9% 9% 57 57% 112% 109 . " , 570 50 45% 2,100 - 10 16 , IO51/2 16% 6,600 97 97 103 2,700 17 34% 97 36 % 340 37% 10,000 *102'/4,103i/2 9% 57 .10% 57% 200 _ 3,500 5,800 ; ■'J )b. 16 The Commercial and Financial Chronicle (1896) YORK NEW $ per t per share Jan 6% Jan Oct 55% Jan 26 liy4 Jun 15% 19% Jun 24% Dec 55% May 12% Feb 51 % July 9 Jun 12 Dec 7 Jun 11 55% Mar 13 Jan 17 14% May 58% 3 17% Feb Apr 18 49% Jan 11 10% Jan 3 17% Apr 22 Dec 57% Jan 18 100% Feb 21 Dec Deo 100 Jan 102 Sep 21% Dec 4% Jan 28 Oct 2 32% Jun Jun 14% Nov 29% Feb 13% Oct 94 27% Jan Jan July 16% Deo May Jan 73 Jun ' May 8"% Mar 5% Jun 60 Apr 31 54 18 Apr 105 21 4 Feb 14 7% Jan 3 67 % Jan 14 31 71 Mar 3 10% Nov 13% Feb 11% Apr 20 13% Jan 19 Feb 25% Dec 21% Apr 25 6% Mar 30 25% Jan 5 145% Oct 52% NOV Jun > 43% Jun 9% Dec 7 ,18% Apr 24% Jun 133 Oct 8% Feb 4% 109 Jan Jan 137 Mar 49 8 9 7 55% Jan 28. 9% Apr 27 3 7% Jan Jan 134% Mar 16 Mar 31 •54% 55% b 54% 55'% *54% 55% 20 13% 14% 13% 14 14 55 % 14% *54i% 13% 14% 14"% 14% 14 % 8,400 15% 15% 15% 15% 15% 15% 15% 15% 15'A 15 15'/a 9,400 49 48 'A 49 *48 49% 20 15% 14% 15'% 14% 15'/a 9,600 64 63 % 63% 560 49 16% 64 •48%! 16 49 •47% 16% 62% % •47% 49 15% 63% *54% 15% 16% 62% 63% 63% 63% 63% 37% 37% 38% 40 % 39% •100% 101% 100% 100% *100% 102 *101 102 •101 102 102 102 *102 40% 101 102% 37% 69 69 183% 183% 5% 2% 2% 37 68% *183 69% 183 5% 5 2% 68% 183% •183 68% 183% 27 % •102% 104% •103 104% •102% 13% 13% 13% •28% 28% 28% 27 28% 5 5 :/V. 5 5 2% 2% 2% 27% 271/4 27% 27 103% 103 ; 13% 13% 13% 13% 1,500 •28% 28% 28% 28% 28% 28% 400 28% 14% 15,700 14% 15 14% 15% 14% 14% 14% 14% 14% 14% 14% •36% 37 36% 37 37 37 37% 37 J/s 37 37% *37'/2 33% 33% 32% 33% 33 33% 33 33 % 32% 33%' No par 105% 105% 105% 105% 105% 105% 105'% No par 104 106 105 105 , Cunningham Drug Stores Inc—2.50 Curtis Publishing common—No par $7 preferred Curtis-Wright common 7,200 105% 105% *103% 290 60 106 104 •103% 20 20% 20% 20 20% 20 20% 19% 20% 19% 20% 5,800 59% 59% 59% 59% 59% 58% 59 58% 58% 58 % 58% 1,000 22% 2,730 19 19% 16% 16% 180 •160 16 % 12% 8% •68% 12% 23 Vs 105 21 21 16% 12% *22 68% 69% 12% 68% •22 6% 7 6% •132 % 133 132% ! 49 49% 49% 49% 49% 9% 9% 9% 9% 49 • 9% 9% 7% 133 6% 132% , 133 133 133 *49'% 50 7: . *132 9% *49% 9% 9% . 200 4,700 13 17,500 7 170 133 „ 49% - 8,000 ■> 23% 67/a : 133 < 49% , 9'% : ■91/4 < 6%. 7% 6% 7% 133 12% *22 23% 8% 68 % *68 13% *22 6,300 17'A 180 8% 68 'A 12% 13 »/4 23'% *22 17% *160 8% 68% 69% 12% » h 21 '/a 17% 180 8% 8% •68'% 12% 23% 12% 23% 8% 8% 17 *160 180 *160 21% 21 171/4 16% 16% 180 8% 21 21 21% 16% *160, 8% *104% 105 105 180 69% •68% •22 !. 19% *160 8% 8% No par I preferred 1,900 33% 59 No par Prior 105 J/4 105% 38 32% 19% 5 Cuneo Press Inc 100 103 13% 2.50 •105% 1,600 1,600 10,500 13% 13% 28% *103 105 2% 27 % 2% 2% •102% 50 184 27% 105 8,200 *183 184 5 10 67% 67% 2% 13% 2 ♦183 30 102% *102 68% 12,600 41 100% 100 % 27% 2% 27 13% 67% 184 5 5% 5 2% 27% 27 68% 68 40% 4,400 50 *800 , 9% 41,300 23% 3,400 k 24% Feb 3 20% Jan 125 10 Jan 20 138 Feb 21 Jan 26 % 19% Sep 122% Jan 55% •101 100 100 Cuban-American Sugar common.. 10 7% preferred 100 Cudahy Packing Co common 10 4%% preferred 100 9 16 23% 37% convertible preferred Cuba RR 6% non-cum pfd 14 9% Jan 23% 24 101% 5% 6 Jan 24'/a 19% 24% *100% Crucible Steel of Amer com—No par 11 Feb (The) preferred $4.20 preferred $4 2nd preferred 5 19% Jan 175 24% 19% 24% Crown Zellerbach Corp common—5 8 Apr 19 25 18 15% Jan 24'% 19% 24% No par $2 Mar 13 59% Jan Mar 31 175 Crown Cork & Seal common 105% May 3 21 Cream 3 19 34% Mar 11 3 24 4 Jan 13 16% Jan preferred Creameries of America of Wheat Corp 19 101% 1 , 17% Jan 40 1 99% Jan 72% Jan 160 30% Mar 5 27 102% Jan Nov 3%% 6 18% 19 5 Crane Co common 11 Jan Dec Nov Feb Jan 14 Dec 99% 14 160 14% Apr Dec 49 12 % 105 36% May 105 Mar May 8 18 28% May Apr 30 Jun 90 Deo 19% Jan 12% Jan 19'% 24% •37 1 25 100 Coty International Corp 31 18 19 •63% 6 80% Jan 25% Mar 30 101% Mar 42% 36% Jan 20 Jan Deo 104 6% Mar 2% Feb 25 0 Jan 19% •100% 100 Cum pfd 3%% series of 1947—100 Corn Products Refining common—25 1% preferred 100 3 2% 8% Jan 23 —5 13 14,200 4,400 64% 24% 15% _20 72% Jan Jun 96 E<ank & Tr Co 5% 3% Mar 1% Corn Exchange 187% Apr Apr 35,000 63% 19% •48 Corning Glass Works common 3%% preferred 1 66 5 __1 5 182% Jan 31 Deo 189 7% 65'/a 7% 64% 7% 15% series. 6 May 101% Apr 19 102% Mar 21 Sep 73% Jan 57 Convertible Dref 5% Cornell Dubiller Electric Corp 67% Mar 13 Apr 30% 102% Shares 7% 64% 7'% 63 7% 13% • No par No par prior preferred Copperweld Steel Co common 4 t per share 7% 63% 7% 63 54 % 5 41 3 28% Jan Apr Jan 171% Jan $3 Copper Range Co 3 48 94 92 '/a Cooper-Bessemer Corp common Jan 7% 63% Sales fur the Week 24 Continental Steel Corp 26% Mar 14 12 7% 62% $ per share f per share $ per share f per share 7% May 4 19 19% Apr 21 54 20 May 3 62 % Friday May 5 Thursday Wednesday May t 7% 3 Apr 14% Jan Tuesday May 1 61% 20 13% Jan 22 Vb HIGH SALE PRICES Monday $ per share * Continental Oil of Delaware- 5 Feb .52 11% 49% Mar 65% May Dec 19% Jan Jun 49 Jan » Continental Motors.. 7% Apr 28 3 Feb 47% LOW AND Saturday Apr. 29 STOCK t per share share 8% 65% YORK EXCHANGE Lowest Highest Jun 5Vt NEW Range Since Ian. I Highest Year 1949 $ per share RECORD STOCKS Rang* for Previous Lowest STOCK Monday, May 8, 1950 . 22% Feb 17 26% May 13 19 1' 23% —1 Class A 100 23% •130 —No par Cushman's Sons Inc 1% 25 pfd Cutler-Hammer Inc 135 25% 23% ♦130 23% 135 25%, 135 135 130 .. 23% 23% 23% *130 . 135 *130 135 25% 25% 25% 25% 25% 26% 25% 23% 23% 23% 23% *130 26% 25% 3,000 18'/a 7,300 D Mar 22 9 Jun 15% Mar 13% Jan 87 Jan 96% Nov 96 Jan 12 99 14% 13% Jan 30 18% Apr 22 17% Feb 17 11% July 15 Deo 17% May Deo Jan 22% *16% Mar May 26% Jan 31 92 Jan pr% Aug 92% 100% Dee Jan 15% Jan 3 34% Mar 17 Jan 11 102% Mar 21 Preferred 3.75% series A 101% Apr Preferred 3.75% B 100 97% Jan 24 11% Jan 8% Jan 27 Jan Jan Oct 38% Jan Mar 36% Sep 35% Mar 24 26 Jun 10 23% Mar 6 14 Jun 24% Mar 11% Jun 13% NOV Xl2% Jan 6 16% Jun 22% Nov 20% Jan 13 35% Mar 8 39% Jan 3 45% Feb 40% Jan 3 44% Mar 9 13% Dec 11% Mar 31 15% May 1 9% NOV 7% Apr 22 17% Jan 13 22% Apr 22 S per share Jan 17 7 Feb 2 7% Jan 23% Jan 12 58 9 13% Jan 11 23 Mar 15 9% Jan 5 Devoe & Match 6% 13 Jan 9 Dr. 36% Jan 4 14 % Mar 31 17% Jan 6 Apr 16% Dec 78 Oct 119% Jan 13 150 10 Apr 10 24 % May 19% Jan 5 86% Jan Sep 16% Mar 10 81 7 83% Jan 30 Oct 20% 11% Mar Mar 19% Jan 27 21 Mar 21 12 3 14% Oct 11% Mar 27 63% 8% Jun 14% Jan Jun Nov 60% Jan 13 75 % May 124% Oct 102% Aug 115% Jan 97% Jan Jun 112 9% Chemical Co 158/s Jun Jun 38% 21% 21% 22 28 273/a 27% *46% 473/a 47 47% 475/8 48% 48 48% 47% 475/8 47% 3,100 123/B 123A 12% 123/4 123/4 12% 12% 12% 12% ,123,4 123/4 12 3A 3,500 23 VB 23% 23'A 23% 23 Vb 23% 23'/s 233/8 23'A 233/b 23 Vb 233/a 10,800 *58 6% 6% 6% 6% 6 3% 6% 5,200 22% 22% 223/a 22% 22'A 223/a 2,700 13 13 13 Vb 13'A 13% 13% 133/a 135/8 *13% 133/4 21% 22 22 Vb 22% 22 223/a 22 22 1,800 38 5/« 38 38 3A 38 3/B 38 3/s 38% 383A 38 3/4 38 3A 1,300 25 42% 42% *42% 43% 42% 42% 42% 413A 42% 42% 42% 1,000 143/4 Saturday 35 Apr Apr 19 Jan 96 Deo 93 '/2 Apr 6 10 y4 Feb 14% Deo 12% Jan 25 94% Oct 96 Jan 13 102 11% 14% -147/8 81% 17% 7 Deo 6% Jan 13 14% Jan 10% Jan 13 9% Jun 48% Jun July 55 61% Jan 55 Jan *82 83 83% *21'A 22 *21'A 13 123A Jan 60. Jan 9 5% 3% Feb Deo 6%: Jun 10% Jan . 6% Jun 11% Dae' i 9 7% 5 9% Feb 10 38. . Jun Apr Apr .24 3% Apr S * 110% 148'A 147 % 148 173/4 173/b 147 . 17% 84 22 21% 12% 12% 67 66 149 17% 83 ,83 12% 200 149% 17% 2,100 173/a 10,100 84 *20 3A 22 12% 12 % 20 100 12% 2,300 74 7374 42,000 710 10% 1,500 10 Corp Stainless Steel 6% 10% May 2 8 4'A% preferred— 7 23 1 5 7% Apr 26 2 5% % 17 173/a 17 173/a 17% 173/4 17% 17% 173/s 173/a 5,000 153/a 15% 153/4 15% 155/a 15% 16'A 15% 16 % 15% 153/4 35,400 16 163/8 15% 15% 16 16'A 16 16 16 16 *16% 5% *188 16 15% 15% 15 3/8 47% 4 6 5/a 475/8 465/8 47 188 188 *186 190 190 *186 32% 323/4 32% 343/a 34% 34% 34% 35 163/s 163/a 16% 16 3/8 16'A 16'/a 16 Vb 16'A 94% •93% 14% *14% *935/8 94% 143/4 143/4 102 *100 *93% 14% *100 *935/8 94% 14% 14% 102 102 102 94% 14% 102 102 *188 x333A 35 94% *935/8 94% 14% 143/4 *100 104 14% *100 8% 8% 8% 8 5/« 8 3A 2,300 453/8 44% 45% 44'A 44% 10,100 193A 18 % 19% 19 19'A 18 % 37% 37% 37% 37% 37% *37% 373/4 23/4 23A 2% 2% 2% 2'/z 23/4 373/4 373/4 10 5A 45 3 38'A 38 10 3A 22% 11 10% 233A 38 38 38 11 11 *10% *10% *60 65 *61% 66 300 2 3/4 75,900 37'A 37'A 1,400 11 1,000 22 3A 23% 64 V *51 22% 12,500 23 3,500 *60 »A 63 11 *61 23% *61'A 18% 373A 2% . 11 65 23% 23% 23 VB 38 18 Ve *371/2 19 ' 62% *60 30 8% 44% 19% 50 .50 2,200 8% 37% 38 30 14% 45'A 2% 22 3A 94 104 8% 373A 10S/8 1,700 45 Vb 20 225/8 17,600 163% 8% 23A *37% 10 34 453/8 8 3A 19% 10 *51% 52 3A *51% 52% 51% 51% 513A 51 51 27 27 VB 26 5/s 27% 26% 26% 26 3A 26% 263% 26% 26'A 26% 18% 18% 183A 19 y4 18% 19% 18% 19 Va 17% 18% 17% 5 37% 38% 373A 38% 36 5% 38 35% 37 % 32% 35% 32 3A 18'A W 34% 10 Empire District Electric Co 523/e 3 4 : 19'A 20 19% 20 20 20 y4 20'A 20% 20 20% 20 Vb 20% 31% 32 32'A 32 32'A 313A 313A 102 5/s 1025/8 *102 7% 73A *51% common—25 100 32% *315/8 *102 5/8 103 31% S/8 *10 313A 31% *1025/8 103 104 7% 75/8 73A 75/8 73A 7% No par 12% 12% 12% 12% 12% 13 .100 *56% 561/2 56% 56% 56 3/4 57% *62 65 Equitable Office Bldg common 16% 16% 3,600 12,500 190 *188 190 34 Vb *16 *37% No par 15 1,400 153/4 46% 3 preference 1 5% preferred series A Erie & Pittsburgh RR Co . —5 5 , r 53A 5% *62y4 5% 65 53A 9% 10% 10'A 10% 93/8 r. „• 123A 41 ♦62 65 13 57 57 11% 11% 41% 41 3 5A 3% V, 33A 12% 125/s 12% 21,500 57 *56 57 65 57% 65 65 12'A t 11% 12'A 41'A ' 41 41 3% 50 Vl2% 11% 11% 1,200 3,700 10'/2 41% 3% 6,300 102 7% 10% 11% 121,200 *7% 6% 41 , 73/4 6 Vb 11% 150 5,000 34,800 7% *62% 41 *3% 102 103% ■ 65 6% 41% sy* > 10% 6% 11'A , 3% V 6% *6?% 10 11 s.1 J2J60 : 5% 50 Eureka Williams Corp Evans Products Co Exchange Buffet Corp. 16 8% convertible preferred Ever sharp Inc 163/8 47% 453/8 Ex-CellO Corp Mar 21 4% Jan 19 16 46% *8% common.. 44 16 'A 48 No par preferred 11% May 12% May 47% 44% Emerson Electric Mfg Co Emerson Radio & Phonograph Erie RR 190 *15% 1 common Endicott Johnson Corp 4% preferred 16% 48 47% / 5 Nut Co (The) El Paso Natural Gas 300 173/a 100 Electric Storage Battery Elliott Co 10 1,000 16 2.50 preferred Boat 10 126 15% —100 Ekco Products Co common. Convertible 10 73'A *125 'A 15'/s 17'A 100 2 ... Electric 10 10 10 74% 5 10 Corp preferred Manufacturing Co 4% % 74% 1 common 7 12 10% 743/s 10 10 Eastern 74% v 3% * 3y* s +t>p*ee 34 4,200 13,300 112 *83 *21% r/22 — Per feetnot*- *109 % 78% 67 3A 773A 653A 109% 10 f May 6% May 8% Feb 14 79'A 673/s 110% 10 % 65 Mar 14 12% 12% 77% 66'A •109% 66% 111 10 57% Feb 13 68 *109% 1133/4 Mar 10 May 79% 78% 79% 65% 66'/a 11374 103% Apr 13 13 78% 80'A 113 114% 39% Apr 21 20% Mar 17 ' x793A *1133/4 52% Apr 26 28 8/s Jan 6 4% Jun 6,300 114 13 100% Jan 10 15 113% Elgin National Watch Co Deo 14% 114% 13 105 14% 83 Edison Bros Stores Inc common—1 33% Jan 14% 114% 28% Feb 23 8 147/8 114'/a 21 Feb 14% *114 22% Apr 24 59% Apr 27 30 14% 115 19 Deo 143/4 *114 100 5 1st pfd. 11 35% 15 104 357/s Apr X29% Jun 100% Jan 143/4 104 Jan 3 5,100 21 Elec & Mus Ind Amer shares 17% Jan 11 800 34'A 104 3% Apr 18 42% Jan 11 xl6%Jan 11% 34% 126 38 8/8 Feb Not *11'A 1253A 203A Apr 27 i8y4 11% 35 *1033A 3 t- 11'A 34 75% C Jan 11 % 343/8 103'/a 13 14% 11% 34 1253/4 Jan 12 yg Jun 470 11% 34% 733A Eaton 19% May 2,300 54% 103% 1% Jan Jan 46 1253/4 16 50 1,000 45% 53 'A 743/a 35% Jan 25% Apr 24 13% Feb 15 543A 103% Jan Oct 46 3A 126% Dec May Shares 14'A 733A 36% Oct 14% Deo 13% Not 45% *54% *1374 103'/a 17'A 51% 14% 126% 123A Feb 29 14% 1033/a 32% Mar , $ per share the Week 9 per share 11 21 *12% Sales for Friday May 5 May 4 127 Electric Auto-Lite Jan 18 Thursday *103 Elastic Stop 8% Jun 4,000 32,800 *126% 5 23% Aug 7,200 73A 1033/a 9 42% 14 Vb 20% 20 33% *82 100 1 3 Feb 13% *75/8 . 127 Jan 75 8 20'A 11% *203A 10 NOV 143/s *83 46% Jan 75 143/8 73A 33% 22 12 Jun 14'A 20 33 *11% 83% 24 48 81% 145 50c 10 Jan 543A 17% 42 Vb Feb Apr 46 54% 1453A x8y4 Jan 137A Mar 44 55 17% Deo 51 44% *54% 144% Deo 283/4 Nov 43% 54% 54 18% 8 3/4 .. 44 »A 44'A 145% 45% jun 14% 45 33% tper share 14% *13% 14 % 17% Jun Jun f per share *133A 53'A *44 May 3 t per share, 145% 33% Apr 17% Jun 14% 13% 32% Apr 19% Jan 98 $ per share *11% May xl5% Apr May 1 146% Eastern 190 8 20 3A Wednesday Tuesday May 2 Monday 53% Eastman Kodak Co common • 73A 20% 73% 167/s Apr 24 13 15 14% 8 20% 20% 65% 18ysApr 19 Jan 15% 7% 8 21% *109% 49'A Apr 172% Jan 14% 15% 73A 66% 13 14 y« loy4 15 203/4 111% 27 16 34% 8 21% 21% 65% Jan 29 2 % 15% 7% 50c *42 •109% 45 y8 Jan Dec 1,600 213/4 38% Eastern Airlines Inc.. Jan 133/4 215% Eagle-Plcher Co 32 y8 13% *102% 10 10 , *126% 24 Jan 62 *58 65/8 22% 5 17 Feb 62 *58 62 *58 6% 22% No par 19% Jan 6 62 *58 6% 22% No par 15% Mar 30 Jun Jun 62 6% 22% 38% D W G Cigar Corp 88 iy« *58 65% 22% Preferred $4.50 series 10 19 e 62 6% 223/« Preferred $3.50 series 11% Jan 13 4,400 5 1 13% Feb 47s/8 22 Duquesne Light 5% 14 y4 Jan 1 ' No par 20 Deo 3,400 (E I) & Co- Feb May 21% 275/e 2l5/8 Common 116 101 21% 27% 15 Duplan Corp 4 13% Jan 164 217/a 263A 38% 3%% convertible preferred 113% Jan 48'A Nov 202 Oct 21% *21% Dunhill International May 167/a Mar Jun 22 27% No par 104 16% 7% July 7% Jun 56,500 2 common 9 May 6,400 97/a 27 —No par $3.25 2nd preferred Dresser Industries 31 10 9% 1 1 common 101% Jan Jan 1,300 35 35 213/4 No par $4 preferred series A 122 % Jan 12% Jun 13 127% Apr 18,900 273/4 No par —5 No par No par 20 y» Mar Feb 119 2,100 47 36 % LOW AND HIGH SALE PRICES Pepper Co Du Pont de Nem 43% 453A *353/4 22 % No par Dow 110% Mar 30 25 25 25% 27% Apr. 29 Douglas Aircraft 20 36 21% 2 common 82% Apr 13 13 13 Feb 69% Jan 47% 353/8 No par Class A 68% Apr 54% Jan 108 46 s/8 353A 5 Doehler-Jarvis Corp Dome Mines Ltd., Dec 25% 473/8 35% 217/a -1 3 72% 25% 46% 36 27 Fat Dixie Cup Co 25% 46% *35% 100 8 * Divco Corp 4 253A 46% 8% 26% EXCHANGE 56% Mar 24 253A 9 40 21% NEW YORK STOCK 46% May 8 3/4 16 100 Diamond T Motor Car Co 15% Jan 11 4 8% 83A Co—13.50 8 per share 8 per share 16% 9% 9 36 STOCKS 12% Jan 15% 15% 10 Diana Stores Corp Distill Corp-Seagrams Ltd— f 143/4 15 35 participating preferred 9 57% 25 14% 15 9% common 32% Mar 101 46'A Raynolds class A Diamond 100% 26% Detroit Hillsdale & S W RR CO—100 14% Mar 38% Dee 18% Sep 108% Sep 123 % Dec 12,800 46 Detroit-Michigan Stove Co Jun Apr 83/4 25% Detroit Steel Corp— De Vilbiss Co 3 43 21,900 100'/a 20 50% Jan 10% Jan 101% Apr 20 16% *100 9% Edison Detroit 35% Jan 28 July 12% Jan 48% Feb 99% 343A (The) 53% 25 *98% 8% ctfs for preferred 38% Not 10 100 10% Escrow 24% Feb 45% Jun Nov *99 Grande West RR Derby Oil Co Lowest Highest Feb 100 8% ctfs for common Baaga Since Jan. 1 Highest Year 1949 9% 100% 100 35% Escrow Range for Previous $ per share 100% *100 93A 13% Jan Jan Lowest 98 3A 343A 57% Feb 27 Dee 98 3/4 103A Apr 20 18% 99 35% Apr 27 6% Feb 9% Jun *98 9% 12 Sep Jan 6% Jun 99 34% 46 9% Jan 12% Jun 99 9% Dec Dec 4% Jun 31% Sep 37% Sep 99% *QQ 343A Delaware Power & Light Jan 6,000 99 9% 11 40 8,000 33'A 99 34% 14 21% Mar 13 243/a 323A 99'A *98 9% Jan 21% Jan 15 23% 323/4 173/4 34% 31 53 23% 32% 18 9% 23% Feb 23 % 23% 323/4 *17% 33% U 58 233/8 32% 18 50 21% Jan Jun 23 32% *17% -100 26% Apr 17 Jan 23 32% 173/4 *35% Dec 20 23 32% 46% Dec 50 23'A 327/a *17% 8% Hudson Denver & Rio ? 23% 17% 35% & 13 173/4 23 14% Lack & Western 14% 100 35% Delaware 53% 700 17'/a 46 Delaware Jun 173/a *98'A 32% 25 6 12% Dec 130 17% 20 17 34% 99 173/4 99 173/4 23 14% preferred 10% Jan 30 % 18% 18% *98% 32% *17% , 1 Mar 17% *17% No par 7% 36 22% 17% Deep Rock Oil Corp 3 Jun 99 17% Deere <fc Co common 3 Jun 98% 17% 1 8 8% Jan 19 99 17% 18 18% 98% 17% Mar 23 49 36% Apr 29% Jan 19 18 99 *17% 50o Jan 9% 18% *98% 17% 17% 14% Decca Records inc. 40% Jan Jun 5% 18 99 17% • —50c Dayton Rubber Co 5 26% May 4 31 22 series 5 Jan 10 3 43% 5 16% May 3 18'A *98% *17 , , 100 97 29 Jun Davega Stores Corp common 5% convertible preferred 4 9% Jan 4% May 5 1 100 2.50 20 Davison Chemical Corp (The) 1 Dayton Power & Light common—7 Corp common 3%% preferred series A 29% Jan 30% Jun 17 2 24% May 21% Jan 23 NOV 12 Ve 7% Jun May Dana — 1,100 10 6% - 6% 12,600 11 Vb 11% 11,500 *12 5 '* .* 12% 38,000 40%: 40% u *3% 1 3% ski *4, M. / 1)800 % 400 Volume 171 Number 4905 The Commercial and Financial Chronicle ... (1897) NEW Range for Previous Year 1949 Lowest Range Since Jan. 1 Lowest Highest t per share YORK STOCK RECORD STOCKS S per share t per share NEW Highest V YORK • STOCK Saturday EXCHANGE '*■ $ per share Par ' $ per share LOW AND SALE PRICES HIGH Monday Tuesday May 1 May 2 $ per share 9 per share \ Thursday May» t per share Apr. 29 Wednesday Friday Sales for May 5 May 4 I per share the Week % per share Shares Fft 34 Jun Jan 37% Mar 10 45% Mar 27 Fairbanks Morse & Co 19 Feb 25% Oct 23% Jan 3 26 Fajardo Sugar Co Oct 23% Dec 18 7 Falstaff Brewing Corp 12% Aug % Jun 15 % Oct 17% Apr 14% Jan Apr 22% Jan 8 19% 3 17% Feb 23 7% Jan % Jan 3 1% Apr 21 Family Finance Corp common FAR Liquidating Corp Fedders-Quigan Corp Federal Mining & Smelting Co Federal-Mogul Corp 41% 11% Mar 15% Dec 15 V* Jan 3 16% Jan 32 Jun 38% Jan 35% Mar 11 40% Mar 14% Jun 18% Nov 17% Mar 19 3% Jun 6% Jan 4% Feb 14 33% Jan 13 13 24% Feb 36 95% Mar 104 Dec 103 Sep 10% Nov 20% Jan 12% Jun 17% Dec 81% Dec 56 Dec 63% July 43 July 105 May 53 Jan 4 Jan 3 3 21 55% Apr 21 52% Jan 14 15 107% Apr 76% Apr Jan 17 17 29% Mar Jan Dec 103% Feb 7 27 28 Jan 24 13% 18% Dec 18% Jan 3 20 % Feb 15 12 Mar 13 3 14% Jan 20 33% May 106 1 Jan 2 20% Mar 17 22% Mar 23 8% 20% 4%% 1 % 1 y4 1% 1 15% 15% 15% 16 15% 16 15% 16 16 16% 96% Oct 96 Jan 7 99% Apr Dec 29 Jan 25 35% Mar 21% Jun 25% Dec 24 Jan 30 25 8% Nov Jun 12% Aug 10% May 9% Jan 8 9'A Feb 13 Feb •• 60 Nov 57% Jan 11% Jan 17% Dec 15 Va Jun 23% Dec 20 Feb 78% Feb 75 11% Jan 27 11% Jan 10 3 16 7 67% May 3 19 % Feb 3 24% May 2 82 1% 7,300 37% 37% 37% 37% 37 37% 37 37 *37% 37% 18 18% 18% 18% 18% 18% 18% 18% 18% *18% 18% 1,400 5% 5% 5% 5% 5% 5% 5% 57/8 5% 5% 14,400 377/8 6,600 5% 5% 37 % 37 '/4 37% 37% 104% 104% 104% 104% 11% 12 11% 11% 20% 20% 20% 20% 10 *57 57 % 57% 37% 37% 37% 37% 37% 104% 104% 104% 104% 104% 410 11% 11% 11% 11% 11% 11% 11% 1,500 20% 20 20% 19% 20% 19% 19% 2,200 20 58 57 % 58 58% 57% 58% 70% 70 71 70% 70% 13% 13ya 13% 14 13% 107 59% 59% 107% 58 7/8 59% 59 107% 107 106 107 38 2,400 13% 4,200 24% 24% 25 18% 18% 18% 18% 33% 32% 11104% 105% •104% 105% 24 18% 71 13% 31% 32% 105% 18% 70 13% 104% 33% *104% 7% 700 70% <32% 32% 105% 25% 1,800 6,900 107 105% 33% *104% 25% 58 59'A 58% 107 31% 32% No par 25% 58 59% 107 105 % No par No par 104 58% 70% 13% 59% 107% 58% 59 37% 800 104% 37% 104 *11% 13% Florshelm 3,400 16% 16 12,000 38 70% Florida Power Corp Florida Power & Light 5,000 1% 18 13% $4 preferred 4,700 16 *37 5 com Florence Stove Co 6,300 18% 1% 1% 1% 1% 70% 25% 25 25% 24% 24% 18% 18% 18% 18% 18% 18% 32 12,100 20 104% 2,000 15,000 No par 20% 21 20% 21 20% 21 207/s 21% 21 21% 22 22'A ___No par *14% 14% 14% 14% 14% 14% 14% 14% 14 14 % 14% 14% 19,900 1,300 10 15% 15% 15% 16% 15% 17% 15% 16% 15% 15% 15% 15% 39,000 Co Shoe class A 16% 16% 16% 16% 16% 17% 17 17% 17% 10 28 28 27% 28% 27% 28 27% 28% 27% 28% 3%% convertible preferred 100 88 88 ♦88% 89 88% 89 88% 89 88% 88% 3%% preferred 100 97% 97% 97% 98 98% 98% ♦98% 99 98% 98% 987/8 ,'98% 10 34% 34% 34% 33% 33 7/b 33% 33% 33% "34% 33% 34 25 *24% 25 24% 24% ♦24% 24% 24% 24% ♦24% 25 11 11% 11 ft 11% 11% 11% 9% 9% 9% 9% 1 Machinery & Chem Corp Foster-Wheeler Corp 17% 17% 17% 7,500 27% 28 7,700 89 V 89% 310 110 4,400 prior preferred 25 34 *24% Francisco Sugar Co Franklin Stores Corp No par 11% 11% 11% 11% 1 10% 10% 10% 10% lo Froedtert Grain & Malting Co Inc-1 Fruehauf Trailer Co common _1 66% 66% 66% 67 67% 66% *15% 15% 15% 15% 15% 15% 15% 15% 15% 15% •*15% 66 7/8 15% 1,800 .ft 400 23% 23% 24 24% 24% 247/s 24% 247/8 24% 247/a 24% 24% 21,600 100 *78% 79% 78 % 79% 79% 79'% 78% 80 80 82 80 81% 420 1 *8% 16 3 Mar Sep Jan 3 May 16% 2 1% . 13% 24 33% 1% 1% 70% 10 19% Feb 16 No par Food 18 16 No par 3 96% Feb 16% 1 (The) Carpet Co Fllntkote Co (The) common 14% Jan 30% Jan 16 ; 5 Follansbee Steel Corp Food Fair Stores lnc_. 4 16 % First National Stores 15% Jan 24% Mar 30 15% Firth 17% May 2 19% Feb 27 87% Apr 16 107% 5 Jan 18% 15% 42% 25% 18 25% 18 x42 43% 25% 18% 58% 3 Dec 43% 257% 18 *107% Apr Nov 43% 25% 18% 25 11% Jan 14% 42% 25% 18 5 Rubber 13 Feb 43% 24% 18% 2 preferred Oct 10 42% 25 17% 25% 157/8 43% 24% 100 4%% Jan 29% 67 16 Fidelity Phoenix Fire Ins N Y Firestone Tire & 15% 92% x38 *15% 42% i 100 24% Apr 89 1 1 preferred Sep May July 78 17% No par May 9% 24% 17% Felt & Tarrant Mfg Co Ferro Enamel Corp 4 27% Feb 43 24% l Federated Dept Stores common 18 18% May Jan 8 62% Apr Feb 12% Apr 31% 83% Feb 13 105 67 104% Apr 42% 20 Federal Motor Truck 9 17% Jan Jan Jan 38% Feb 27 104% Mar 21 % Dec Jun 4 12 17% 98% 5% May 13% Jan 69 21% 17 10% Mar 31 107% Mar 11% July 4 Feb No par 8% common Freeport Sulphur Co Apr 25 *% preferred * 9% 10 67% 67% 67% 67 67% • 11 ~ 100 11% . 2,400 9% 9% 1,300 G 4% Jun 7% Apr 57/8 Jan 2 47/8 Jun 7% Oct 7% Jan 3 9% Apr 17 8% May 1 14% Jun 18% Dec 2 18% Jan- 28 Oct 97/8 Jan 17% May 6% Apr 6 91/4 May 4 Oct 41% Jan 347/a Mar 10 39% May 3 13 Feb 17% Dec 17 Jan 10 20 % 15 Jun 19 Apr Xl7% Jan 3 197/8 Mar 16 Gardner-Denver 10% Jun 16 3/4 Dec 15% Jan 3 197/s Apr Garrett 37% Jun 63/4 Feb 4% Jan 3 6 31% Apr 25 12 6% Apr 18 30% Apr 29 Gabriel Co (The) Gair Co Inc 6% (Robert) 20 Industries 32% Feb 247/a Mar 13 Jun 23% Jan 18% May 3 20 y4 Jan 11 Dec 18 Jan 3 20 10 General 105 99 Jan 107 97/e 152 Jun Jan 11 107% Mar 7 Nov 453/4 Jan 13 53% Mar 3 106 Jan 103% Jan 12 105 y2 Mar 8 11 Dec 10 Apr 22 12 Jan 31 Jan 156 Apr 26 165 Feb 7 13% Jan 12 18% Apr 10 9% Jan 9 48% Sep July Jun Oct 163% 9% Feb 15 Dec 6 Jun 10 Jan 6% Mar 29 Apr 653/4 79% Jan 63% Mar 31 75 Jan 9 24% Jun 31 Jan 26 30% Jan Jun 20 Apr 14% Apr 17 18% Jan 11 4 138% Jan Jun 139% Jun 34 114 Apr May 41 % Jan 13 39% Jan 48 7/8 Dec 473/8 Jan 13 937/a Jan 100% Dec 99 y4 Apr 6 x6% Jun 13 y4 Jan 8 3/8 Jan 4 44% Jun 56% Dec 51% Apr 123% Jan 128% Jun 126 Apr 112 Dec 108 97 Dec 423/e 49% May Jan $ per share 19% 19% 1 6% 6% 6% 6% 6% 6Vb 6% 57/8 50 30% 30% 30% 30% 29% 29% *29% 293/4 30 19 19% 19 19 19% 187/8 19 18% 187/a 18% 18 7/8 18% 18% 5,900 1 19% 19% 197/8 19% 197/a 19% 197/8 197/s 197/a 1 '/a 197/8 3,700 106% 106% *106% 106% *106% 106% •106% 1063/4 io:3/4 106% 20 49% 2,800 20 57% Mar 8 General Mills Jan 13 129% Mar 3 5ft Apr 17 115 8 3%%> Mar Instrument common 100 preferred . convertible 100 NEW Highest YORK 7 x97 Jan 104% Dec 102% Jan 6 1047/a May 4 Preferred $3.75 series 13 Feb 19% Sep 19 Vs Jan 3 237/a Apr 22% Jun 387/a Dec 34% Feb 17 ll7/« July 2% Jun 16% Mar Dec 3% Feb 10 11% 17 Nov 16% Jan 3 Jun 20% Jan 19% Jan 4 May 124% Dec 121% Jan 127/a Mar 28 38 Jan 3 17% Apr 21 4% Mar 23 18% Feb 20 9 General Jan S 99 Vb July 122 Jan 3 128 May 4 22% Jan 112% Jan 31 Nov 30 Anr 18% Jun 27% Dec 22 Jan 25 28 May 99% Apr 102% Jan 101 Jan 10 102 Jun 21% July 77% 28% Jan 13 Jan 19% Jan 3 Apr 77% Jan 23 Sep 73 Mar Jan 7 Jun 12% Feb 8% Jan 25 33% Jan 68 ••an 13 4 28 % May 1 86 6 Apr 72% Feb 15 May 14 3 24 Jun 37 y2 Dec 797/a Jun 91 Jan 90 Jan 4 12 y4 Jun 17% Jan 13% Apr 19 16% Jan 72% July 80% Oct 80 Jan 10 84% Mar 15 Dec 28 y4 Aug 25% Dec Apr 24% Jan 27 Jun 55 Dec 54 23 107/« Dec 17% July 5% Jan x95% Jun 116 Jan 14% Jun 19 Sep 52% Jun 17 100 34 Jun 98% 72% Jun <10 9'/2 Mar 29 107% Feb 24 13% Mar 24 Dec 45% 69% Jan 3 101% Jan 20 Jan 43% Jan 13 Sep 106 103% Jan 13 16% Mar Jun 3 Aug 104 Jun Jan 13 397/e Mar 15 97 Mar 247/a Jan 31 % May 3%ft 9 Equip Corp.. 11 3 12 Feb 2 112% Jan 11 18 Jan 89 9 Apr 12 104% Jan 54% Apr 12 Mar II Jun 16% Apr 32 Jan 36% Oct 14% Apr 33% Jan 3 25 17% Feb 28 12 37 11% Jun 14% Sep 12 33% Jun 43% Jan 39% Mar 14 16% Jan 19% Oct 18'A Apr 17 144% Mar 137% Jan 3 Jan 3 21 21 20% 21% 203/4 21 36% 36% 36 36% 36 36% 36 % 36% 16% 16% 16 lb'/2 16 15 Mar 67 Nov 65 6 71 43% Dec 38% May 5 45% Mar 11% Jun 14 y4 Mar 13 Jan 4 16 9% Oct 12 July 10 Apr 19 93% Jan 100 July 95 Apr 17 15% Jun 18% Jan 13 1fi% Jan Apr 7% July Apr 15 11% Jan 100 Jan 3, 3 Feb 21 3 17% Apr 19 4 57 51% Jan Jan 59% Jan -- 21 Jan 25 3 8% Jan 103 * 65 19 Mar 23 May 24% Jan 5 13 footnot** mo paca. 1«- 20% ♦124% 126 67/a 7 21 67/a *20% ♦124% 7 *124% 6% 23% 23% 23% 237/a 30% 30% 30% 30% 30% 119 Va 118% lis 20 29% 7 25% 26 26% 26 *101 104% *101 26% 26% 27 28 % 85 85 85 85 *74 1 77 12% 38% 38% *95% 38% 38'% 96 96% *95% 96'/2 400 15% 14% 15% 14% '147/8 18,500 *82% 83% *82'/2 83 >/2 1,700 *82% 517/a *l057/8 106% 1057/8 13 % 10 97% *109% 110 13% 127/a - 103% 103% 51% 52% •143/4 51% 52% 15 87 103% 52% *106% 107 ♦106% 107 127/s 106 13 123/4 13 127/a 2 2 2% 2 2% 2 2% 8% 8% 8% 8% 8% 87/e 83/4 9% 10 35% 35% 35% 35% 35% 35% 35% 35% 35% 5 com 27% 100 *101 15% 1 *37 28 *101 ♦15% 37% 40% 18 % *150% 36 14% 83% *1023/4 ft .Common Guantanamo Sugar common $5 convertible preferred 127/a 13 13 1,500 17/8 2 1% 2 15,100 9 9 9 7,500 313/4 32 32 2,600 353/4 353/8 36 34 ft 9,600 27% 3,300 X313/4 35 275/8 28 2734 101 *100% 143/4 15 15 37 37 •37 13 13% 13% 133% 13% 42% 41% 42% 41% 42% *67 18% 18% 18% 187/a 150 150 148 18% 149 72 185/a t 187/g 6,000 147 72 39 39% 383/4 39 38 % 38% 15% 15% 15% 153/4 16 16 10 10% 10 10% 10 10% 15% 10' 10% 10% *96% 97% 96% 96% 96% 96% *96% 97% •96% 28% 4 7% 77/8 f' *101% 102 % .! 16%. 16% 54% 54% "'63%' 637/8 28% 28% 27% 28% 277/a 28% 263/4 15% * 15% 3,200 1,400 jt 28% 22% .10 77/8 77% 77/8 *101% 102% *101% 16% 17% 54 y8 54'/a ft 10% 7% 8 102% ♦101% 77/8 73/4 102% •101% 97% 283/g * 16%' 17% ..•.54% 55% ft 16Va. 8 102% *1015/8 63% 64 22% 22% • 27% 774 104 16% • 16% 167/8 16% : 17% 55% 5*3/4 •34% 55% 647/g 64%. 22% 22 y2 * .22 63% 64 % 63% 64% 64% 22% 22% 22% ?2% 22 % 40 ,7* 27,200 •U ft3'?00 jt ^20,900 55% *547/8 • 4" * 77/8 • • 60,600 97 % ♦96% ' 26% . -—ft ;—: 280 148 •*67 72 *67 10 22% 6,000 12,700 72 15% " 13% 41% 3939 *67 72 15% 25 1334 183/4 147% *67 15% —No par : 183/4 145% 20 37% 41 Vs 133/4 41% 1,300 147/g *37 37% 60 101 143,4 143/4 13 151 400 9 39 — 7,400 123/4 ft 38% 1 200 51% 51% 107 72 No par Gulf Mobile & Ohio RR com_No par $5 preferred —Nopar 6,300 107 39 100 85% 103% 517/a 39 __1 2,400 83% *103% 86 1033/4 106% *67 3 preferred i4y8 •100% 28% 5,900 10 110 14 51 % 1 Grumman Aircraft Corp 97/8 *109 Va 14% 106% 100 Greenfield Tap & Die Corp__No par Greyhound Corp (The)— 10 41% ♦149 5,000 35,900 57 y2 110 41 18% 18% 151% 181/4 313/8 101 37% *37 18 Vt *56 57% 13 13 100 100% 15% 37% No par 28 28 % 102 15% *37 353/8 36% 28 101 15% 41 ft 35% 36% 28 101 27% *127/8 No par Green Bay & Western RR Green (H L) Co Inc 35% 357/8 102 97/8 •109 5,500 30% 18% 313/a-. •55% 10 110 97/8 *109 2 No par _ ♦103% 57 5 — 18% 30% 1«% 31% 1 (The) Gulf Oil Corp sft Gulf States Utilities Co 83 18% 517/« 38 3/g 38% 953/4 30% 103% 36,900 38% •55% 51% 100 ft 14% 15 31 *103 % par 133% 145/B 7,800 38% 57 10 28% 95% 30 % 110 2,900 104% 15%. *55% ♦108 2,100 27% 27% 38% 57% 97/8 10 .9 2,400 96 38% *95% 19 . 101 137/8 30% i ft 15 29% 18% 28 5,600 2,350 295/b 29% 293/4 104% } 126 13 13% 26 3/4 <125 ft' 303/4 30 % 30% 263/4 28 *55% 110 29 5/8 27% *101' 23% 233/4 24% 128 77 18 7/8 *108 30% 11,200 84% 18% 97/8 100 233/4, 125% 67/8 26 y4 27% 82% • 1.100 126 67/8 *74 82% 57 7,600 10,000 27,400 21 •124% 7 20'/2 *83'% 157/a 29% *20% 126 67% 20% ft 77 82% 18% : ft 85 15% 29% ft 33/, 17'/a '■ ♦74 82% 17% 15% 35/8 17 ♦84 16% *55% •15% ft. 17% 77 82% 50 1,900 85% 16 2.50 29% 273/4 104% 357/8 *74 14% No par 30% 700 1,300 *84 82 % No par 24% 125 1,100 21 35 % 15% 3% 99,400 ft 21 77 12% 97 67/a ft •124% 21% 126 27 28 *74 38% 96% 17 17% * 85 % 27% 12% 29% t *101 26 104% *84 77 •74 23% 29% 29% 29% 29% 29% 118 118% 118 118 104% 25% *101 5 com preferred 4% ft 17 3% 3% ft 3% 31 No par 7ft 15% v 126 21 20% 20 126 3% 17% 23% No par preferred Grayson-Robinson Stores — For 3% 17 67/B No par 3%ft 28 28% Apr 29 16% 30% Grant (W T) Co common 11 Jan 54% Dec Dec 7 .6% Jan 100 Jan 22 y4 30 ■ 23 % No par Granite City Steel 26 127/a Jan Dec 71% Jan 7 36% 10c Gt Northern Ry 6ft pfd Great Western Sugar com 33% Mar Jan 20 *124% $2.25 conv preferred No par Gt Northern Iron Ore Prop__No par 22 21% 103% Grand Union Co Shares 9 per share I per share share 21% 44 % Jan 151% Apr per the Week 21% Apr 28 13% May 3 10 ft 9 Sales for May 5 1043/4 $5 preferred 26 5 'ft1 Friday May 4. o 104% $5 preferred 24% Jan 14 210 1,200 1047/a Goodyear Tire & Rub com—No 100 Apr 127% 111% 1043/4 85 857% Dec 29% Apr 127'% • Thursday Wednesday May $ per share # per share 2,500 HIGH SALE PRICES 103% Dec 36% May 111 12,400 111 127% 15% 28% 103 127% 110% 87% Jun 2 127% 111% 147/s 37% Feb 28 Mar 10 111% 87 4 Mar 127% ♦110% 128 111 15% 4 1 *127% 87% Jan *• 128 1107/8 1107/a 15 29 Jun 55 87 Jan Jun 547/8 147/8 Dec 41 55 87% 28% 66% 55 14% 30% - 54% 87% Jan j 54 10 16 Vs v:l4 54% (B F) common__No par 10 <101 •53% *104% 1047% 1 3 j 55 104% Brewing Co 7% Jan k 11% 104 % Gold & Stock Telegraph Co Goodall-Sanford Inc Apr Jun 11% 104% convertible preferred 8% Feb 113/4 104% 38% Feb Jan 11% 105 *95% 5% Apr 700 12% * 126 % Graham-Paige Motors Granby Consol M S & P 93% 8,500 11% 54% *127% 40,600 51 100 100 85% Gotham Hosiery 18 493/B 503/8 50% 126% No par 18 Apr 48 % 48% 1003/4 12 % 12% __1 $4.50 preferred Gleaner Harvester Corp Glldden Co (The) common 6 100 100% 84% $5 convertible preference—No par Brothers common 5 Goodrich Co 50% 51 50% *100 670 11% 12% 12% Goebel 600 119 126% 12% 4%ft 48% 49 48% 50% 100% *100 116% 86% Gimbel 10 108 50% 50% 100% 116 126% 100 10 .9% 48% 48% 48 48% 48% *100 114 116 115% 117 ft 85 % preferred 2% Feb •92 116% 126 % 100 13% Feb K- 5 118% 260 1,400 ' 87% preferred 1 20% 118% ft 15!4 126 % 100 3 Dec 28 15 y3 14,100 69% *27 va 15% v 85% preferred 1% Jan 62% *68% 28% 15% No par Refractories 11% Mar 133% July 68% *27% 15% 126% Realty & Utilities Jan 101 68% 28% 86% 100 3% 16% 63 15% 15% No par 1% May 20% Mar 67% 68 ft :- 126% Gillette Safety Razor com 56»/2 Mar 23 77/8 126% Georgia-Pac Plywood & Lumb Co 3 60 3,200 7% : No par General Tire & Rubber Co 4%ft 'ft 86 % General Time Corp common__No par 4%ft 8 5,000 ,17 126% Shoe Corp Gen Steel Castings $6 pfd General Telephone Corp 12 7% 10% 153 16 % 86% General ; 17% 126% preferred 34 8% 10% 158 •; 158% - 27% 3% 25% Jan 17 15% *67ft- 17% 2 10% ♦156 104 27% ft 27% 3% 22% Mar 10 10% 10% 159 "102 105 15% 16% 30%. May 49 % ♦102 700 27% 3% Dec 49 % 49 105 900 30 68% 16% Jan ♦29 68% 3% 34 9,700 *27% 16% 24% 6% 85% 16% Mar 5% 6 % *15% _10c 24 8,100 126% No par 6ft 1J% 15% 69% General Public Utilities Corp 5 Gen Railway Signal com __No par General 19'A 7% May 2 Gen Precision 6 700 19%: 27% 9 per share .10 General Public Service 17 % 10% Tuesday 36% 23 18 8 Va •■■/ft 1 7% Jan 18% 16% 17% ft-;) No par 24% Feb 18% 19 17% May 1 Gen Outdoor Advertising General Portland Cement Co 126% Feb 18% 30 *156 Monday *104% *21% 6 *18% ♦18% *36% 84% General Motors Corp common 6% Mar 21 7% Nov c 19 17% 17% 7% Apr. 29 $5 preferred 48 8 % 158% 3934 ft 19% 48% ft 105 10% *38% 39% *102 -158. 17% 8% 39 48% Saturday Par 3 11 10 • LOW AND STOCK EXCHANGE $ per share $ per share 48% *102 10% 7% 8 *106'% 158 17% ft ft: 49% 10 17% , 105 *155 48% 48 % 497/8 4^7/a 100% *100 12% 12% 54% 54 % *127% 128 *110% 1107/8 100 87 Vb May 21 10% 120 *118 No par .. 1277/8 Mar 5% *27% 15% 1 preferred 5 15% 158 50 ; 13 64 *155 17% 77/8 69% No par 68 V4 Jan 67 *102 *10% 6 107 47% *102 105 No par Corp 49» 49 No par $3.50 preferred— Xl25% Jan - 19% No par Sep • 19% 5 Corp com Nov Jun 19% 100 72% 20% 19% com Inc com 127% Feb 19% preferred Jan 4% 19% 5 Jun 15 y4 *18% Corp 51% 120 xl9 19% No par Range Since Jan. 1 37/a 20 *18% __Nopar 123 y« Jan 19% 19% General Foods General Lowest Highest , 19% 18% 8 STOCK8 Year 1949 I per share 19% 18% General Electric Co 13% Apr 21 300 19% * 17% 19'/« 6 20 14,400 9 *19% preferred Range for Previous Lowest Investors , General Cigar Co 7ft 1,300 9 % 39% 9% 9 8% com_ General Cable Corp com 4ft 1st preferred 2nd 21,300 39% 5 51% Apr 103 American conv 1,700 8% 17% 8% General Baking Co common 4ft 8% 8% 8% 18 *38% $4.50 preferred 9 129 Mar 24 9% 8% 17% 8% 8% ♦17% 8% General Amer Transportation 5 $4.25 preferred series A No par 9 17 8% 17% 38% convertible preferred- preierren General Bronze 8% 8% 8% 17% . 8% No par No par Gaylord Container Corp 197/s 41% 8% 17% 1.66% Inc Jun 103% 8% 17% 38% (The) Jan 4%% 8% 8% 8% 177/a 38% 77/8 50 Co 157/e Apr 8% 8% 8% 2 convertible preferred Gamewell Co (The) 13% 21% 8% 177/s 8% *38 5 common 5% Gar Wood 8% 18 18 100 Gamble-Skogmo Inc Corp 8% 1 common preferred - 1.800 25,500 65 3/4 -ft" 4ft 9,200 17 r The Commercial and Financial Chronicle STOCKS Bange tor Previous Range Since Jan. 1 Year 1949 Lowest Lowest Highest $ pershare t per $ perthare NEW Highest YORK HIGH SALE Monday Tuesday Wednesday Apr. 29 Par May I May 3 May H $ per share $ per share t per share $ per share . Monday, May 8, 1950 . TRICES Saturday J per share share AND LOW STOCK EXCHANGE . Friday May 4 Sales (or May 5 Thursday the Week % per share t per share Shares H 31 Jan 39% Dec 32% Mar 21 46% Feb Hackensack 16 V* Jun 24% Dec 22 % Apr 20 12 Jan 14% Dec 14 % Jan 4 25% May 15% Jan Hall 11 y* Jun 13% Dec 14% Jan Hamilton Watch Co 72'/2 July 81 Jan *33% 337a 337a 34% 347. 347. 34% 200 23% 24 24% 24% 24% 24% 24% 24% 24% 25% 24:% 25 Va 25.400 14% 15 *14% 14% 14% 14% 14% 14% *14% 15 14% 14% 1,200 12 12 1.800 - Oil F) Apr 11% Apr 29 Apr 20 Jan 3 145 May 47c Jan 23 Mar 31 20% Jan 25% Dec 23% Jan 27% Jan 12 Hart 4% Jan 7% Nov 5% Jan 7% Feb 10 Jan 68% Oct 64% Jan 71% Feb 21 6% Jun 10% Dec 9% Feb 11 5V* Jun 9% Jan 6% Jan 61 19 y2 Feb 25 Jan 25% Dec Jan 95% Dec 30 Jan 37% Dec 35 10 Hayes 7 Hayes 24% Jan 10 98% Apr Feb 41 Jan 3%% 9 106% Jan Apr Hecht Co 5 6 Heirtz *145% 24% 24% 24% 674 6% 674 Inc Glass 36% 36% 36% 36% *36 7, 104% *103 7a 104% *103 7a 104% *103 7a 31% 31% 317a 31% 31% *4374 53 49 y2 Jan 23 54% Mar 18 Hercules Powder common...No par 122% Feb 127 % Mar 13 125 Sep Jan 0 40% Jan 30 46% Jan 27 56 Feb 8 51 Va NOV 52% Dec 21'/2 Jan *13% Aug 14% Jun 21 53% Feb 3 22% Feb 18 Va Jan 7 Jan Sep 70% May 11 % Mar 3 80 Jan 6 Dec 6 14 May 4 Hilton 15% Dec 14% Jan 4 16% Apr 28 Hinde & Jun 15% Jun : Sep 13% Jan Dec 25% Jan Oct 10 % Apr 15% Feb 5 4 Hires Co 2 Holland 14 y2 Jan 14 15% 29,% May 5 29% Jun 5 Hollander 19% Jan 28% Sep 16% Apr 27% Jan 18 24% Mar 16 50% Nov 42% Apr 13 47% Jan 9 29 V* Mar 34% Jan *24 Apr 22% 34% Jan 32% Jan Dec 9% 30 116 Dec 109 Jan 13 Sep 101% Dec 101% Jan 12 Jun 13% Dec Feb 35 y2 Nov 31% Apr 57c 14 Jan 34 Jan 52% 52% 527a 53 52 74 53 527a 53 74 126% 126% 100 *125 4474 44 *53 7a 54V< *51% j—1 54 52 *51% 52 V4 *19 5 - 19% 14% 197a 197a *19 14 14% 14 14 *125 1267a 44 43% 54 50 : 125 xl25 42 • 1267a 44 447. 1257a 54 '/a *53 7a 51% 51% 51% 18% 1257a *125 1257a 44% 45 537a 537a 52 51% 51% 18% 19 14 74 54 18% 18% 183/4 14% 13% 14 71% *53 7a 190 60 3,300 4474 54 44 51% 197a ' 43% 52 447a *53 7a 53% 53 7a 300 700 1,200 15,400 147a 14 100 *717a 72% 71 717a *7074 70% *70% 71 71 13% 137a 13% 1374 13% 13% 13% 14 133, 13% 31.400 ...10 *16y2 13% 16% 717a 13% 70% 4—5 16% 16% 16% 16% 167a 16% 1674 167a 16% 16% 1,300 Co 41% Jan Jun 29% Feb 99% Dec 48% May 44% Oct 12% 31% Jun 16 Oct 15 Jun 46% Jan 35% Apr 17 44% Jan' 4% Jun 11% Dec Jan 13 1 15Va , —5 28Va 5 *11% 10 preferred. 1-4 700 *17% 16 15% 28% *15 12 *11% 17% *17 28% *15 16 12 177. 29 74 29 12 12% 12% 177a 17% 17% 17 74 177b 17 6,800 600 13 *12 7a 17% 100 297a 29 2974 12 16 *15 16 *15 28% 12 *11% 177a 16 *15 29% 29 29 74 1,800 ...30 28% 28% 287a 28% 23% 28% 28% 23% 287a 28% *28% 28% 1,600 12.50 Electrochemical 44% 44% 44 74 44% 447a 44% 44% 44% 44% 44% 44% 457, 6,000 Co 333/4 6,000 com...5 36% 36% 367a 36% No par 121% 121% 1207a 1217a No par 103% 103% 104 104 No par 12% 13% com 3674 3774 37% 122 124 103% 103% *103 7a 13 13% 12% 13 74 12% 31% 13% 13% 36% 36% 122 104 7. 31% 31% 317/a *31% 34% 34 74 1217a *103 7a 124 7a 377a 37% 1,310 1247a 127 1037a 1047, 40 13 12% 12% 9,800 32 *31% 32 34% 35 125 * 104 74 ' $2.25 11% Mar 13 26 —„ Mining Houdaille-Hershey 10 28% Jan E)r_:— Co & Son's— (A) $4.50 2nd pfd series A 10 86% preferred.. conv Household —50 31% 31% 34 34 31% 31% 700 Finance common..No par *33% 34 33% 95% Jan 7 97% 96% 96% 97 97 7a 96% 96% 96% 96% 96 % 190 13 49% Mar 16 Houston preferred 100 Light & Power—No par *96% 46% Jan 48% 48% 48% 48% 48% 49 48% 48% 487a 43% 48% 48% 4.000 38% Jan 12 54% Apr Houston Oil 53% 53% 52% 53% 51% 52% 52 74 52% 51% 52% 51% 52% 4,200 33% Apr 26 • 8 99% Mar 3%7c 9 21 19% Apr 27 Mar 22 __ Texas' of Howard Stores Howe Sound 9- Hudson & t v Corp 1 *19% 19% ......5 *36 % 37 *8% Jun 17% Dec 12% Jail Jun 47% Jan 35% Mar 9 42% Feb 2 Feb 14% Oct 13% Mar 1 17 % Apr 29 Hudson Bay Min & Sm Hudson Motor Car : 8% Nov 1% May 10% Jun 11% Jan 8% Jan 12 12% Apr 14 Hunt Foods Inc 2% 18% Jan 1% Jan 3 4% Apr 22 Hupp Corp Dec 17% Jan 13 25% Apr 13 Hussman Mar 13 57c Year 1949 S per ' ' —1 1974 197» 19 74 197a *19 36% 36 36% 36 8% *8% 14% *13% 14% *13% 14% 39 % 37% 39% 3772 37% 16% 17% 16% 17 74 167a 17 11% *11% 11% 11% 11% 4 Va 4 4 4% 24% 24% 247a 4 74 24% *13% HIGH Monday May 1 f per share *19 7a 19% 800 36% 36% 5,900 8% 334 8% 1,900 *13% 14% 14% *13% 14% 38% 387a 38% 38 383/a 17,800 16 % 16% 15% 1674 15% 15% 38,300 11% 11% 117a 11 % 11% 2,700 4 3% 24 SALE May 2 $ per share 19% 37% 87a ' 117a Tuesday Apr. 39 8% 38 x 24% Saturday - Par 87, 4% 24% LOW AND STOCK I per share share 8% 3,300 197a 37% 87a 347a 36% 19% 367a 11 % No par EXCHANGE 34 *96 8% STOCKS YORK 34 39% ' 6.66% —L NEW Range Since Jan. 1 Highest sperthare 12.50 .... . *13% ..100 Ltd—No par Refrigerator Co Lowest Highest preferred non-cum, r Bange for Previous : " common—100 —_ 8% 17 c_——-25 , Co Manhattan 33% $ perthare 9,100 17 7a $4.25 preferred 9 38% Feb 4 (Charles conv Hooker 5 May 5 104% Apr 26 11% Mar 25 NOV Lowest 1.400 53% 17 1 Paper Furnace Homestake 127 42% 9 17% 537a :16% Holly Sugar Corp 7 11 38% May 13 Jun 94% *16% 43% 17 preferred series A Corp—. Dauch *43 17% 43% 16% 1,600 " 12% Jan 8% Jun /5OO 37 *3674 37 31% 43% 17 Hotels 11% 2,700 1.400 93 43% 43% 16% Heyden Chemical Corp; 3%7c 213, 30% *97 977a 31% 43% ii preferred series B„_ Inc ! 12% 21% 30 74 22 307a 4374 32 43% Hewitt-Robins 84 % 18.300 31% *31% 50 21% 3,100 7% 1047a *16% No par Dec ; 107a 317a ,*43 % com— 8% May 200 9% 774 8 *103% .,25 4Vz% 18 10 1,400 104% —No par preferred series A 13% Feb 37 3174 4% 7c 3 15% Jan 36% , lo .preferred i 57c preferred Hershey Chocolate 11 53% Apr x51% Apr *96 Va *103 7a Jun Dec 21% 307? 97% 36% Motors Dec 31 *96 Va 10% 7% 104% Hercules 53% 217/8 30% 977a 10 7a 8 *35% 3 45 21% 3172 107a 7% *103% 20% Mar 131 22 31 1078 25 14% Mar 23 Nov 21% 70 10% *96 78 70 1.500 6% 70 70 70 —100 common— 40 7< Feb 26% Mar 21% 317a Dec 52 21% 977a 17% Aug Dec 8 3174 common non-cum 7% *96 7a 42% 77c 107a 8 Va 97% Jan . 10% 24% *674 674 70 6,000 150 24% 77/a 31% Jan Mar 10 25 6 74 10% 22 13 V« 44 24% 674 8% *30% 40 7 150 2574 6 7a 60 22 7a 22% *145 7a 10% *21% 22% 70% *70 *96% 1077a 22 % 75% 1077a *106 7a *145 7a 70 15 34% W) *106 7a 22% 150 *25 674 12 *75 767a " Co J) 227a *145 7a 70 8 5 preferred (G 22% 70 ._il00 — 105% io % 1 Co 150 150 70 „.2 common (H -100 22% *145 7a 107 107 25 6% 31 3.657c 22% 24% preferred—. Helme 1057a 22% *6% 103 33% Mar 16 1067a 24% 1 Oct 3 11% *74 7a 150 Dec Mar 20 11% 767a 22% 32% Mar 11% *74% 106% Jan • *105% 11% 76% 22% Jan 100 *34 347a 11 % *105'% 98 V4 16% *34 *74 72 77 * 145% 23% 105 *75 Marx——.10 & Industries Mfg Corp Hazel-Atlas 33% Mar 16 25% Jan 93% Jan 11% '11% 11% 78 —.100 Corp of America common 4% 7c preferred L 8% Jan 21% Mar Dec 20 Yt 84 Schaffner *75 pfd__No par „ Hat 20 *34 com—No par Refrac preferred 67c 11% !.100 _ $4.25 Co Harbison-Walk Feb 148 (M A) No par com preferred conv Hanna 107% Jan 11 Jan Feb 23% 149 80% Feb 76% Mar 31 104 108% Nov 18% Nov 77 34% ' 104 y2 142 (W 25 Well Cementing—5 Printing Co 5 Waters Halliburton 3% May , 334 3% 13,600 24% 23% 23% 2,500 PRICES Friday May 4 o the Week $ per share I per share ( per share Sales tot May 5 Thursday Wednesday I per share 3% *23% 24% Shares ■ I 31% Jun 22% Feb 73 36% Dec 35% Feb 8 36% Dec 34% Jan 25 40% May 2 Dec 91% Apr 15 98 3 : Idaho Power Co 40% Mar 15 ? Illinois 20 Central RR Jun 100 95 Jun 96 Jan 94% Jan 17 20 Jun 34% Dec 34 25 25% Jan 37% Nov 36% Jan 51% Jun 55% Nov 53% Apr 7% Sep 21% Jan 10 % Jan Dec Jun 29% 8% Jan 19 IndUstria 33% Mar 53% Dec 42% Mar 28 52% May 3 Jun 72% Oct 66 24 71 2 155 Jan 175 Co 4 30 May 11% Jun 8 ; Jan 165 Jan Apr 9 Apr 163 Jan 6 Jan 38 Jan 26 18% Jan 12% Mar 30 10% Dec 18% Dec 86% Jan 95 Vi Dec 1 Jun 2y8 Jan 9% Jun 13% Jan "234 Dec 212 Jan 29% Dec 25% Apr 180 % Dec xl75 May 3 5% Feb 10 67c 240 Jan 9% Jan 12 Oct 31% Jan 25 36 Feb 4 84 Jan 4 88 Feb 24 6% Dec 6 Jan 4 143 Feb 33% Dec 37 y« Dec 94 Jan 103% Nov 7% 4% Nov 13% Apr 8% May 29 y2 Jan 25% Mar 31 130% Feb 137 24 44 y2 33% Jan 25 104 Feb 1 Apr May 6 * Feb 5% Feb 14 8 % Apr Nov 71 Feb 49% Jan 3 64 % Apr Jun 61 Feb 55% Feb 14 4 41 Jan 46% Oct 38% May 59% Apr 46% Jan 28 57% Jan 4 Jan 46% Apr 26 33 Jan 13 54% Feb 34 38% Jun 30% Aug 7% 14 Jun July 1' 11% Apr 9% Jan 3 20 Dec 17% Feb 36% May 17 16 18% Feb 23 Aug 20% Jan 4 24 24 Jan 34 Nov 29% Jan 30 45 Jun 32 Jan 27% Jan 5 24 ; 136% Aug Feb 148 136 Mar 141 1' 2% Jun 7% Dec 11% Jun 18% Jan 674 Feb 14% Jan C Jan 94 Dec 44 Jan 59% Oct 95% Jan 105% Dec 30% Jun 29% Jun 102 Feb 14r 3 56% Jan 103% Mar 27 * 18 347* Mar 6,300 32 77a 7% 77a 7% *774 *7% 7% 507a 50% 50% 50% 50% 52% 51% 527a 52 52 5,200 6774 67% 63 68 69 69% x637a 69 687a 69 2,800 *173 178 *173 7% 178 178 *173 ' 7% *173 178 *173 178 4074 40 40% 407a 407/a 407a 407/a 40% 40% 8,400 147a 14% 147a 14% 14% 15% 15% 15 15 S/8 1534 12.900 Inc..__i__—_.l *10 % 10% *1074 10% 1074 10% 10% 10% 10% 10% *10 7a 107a 600 217a 217a 21 21% 2174 21% 217a 21% 21 217a 9,900 *9774 987a 98% 987a 98 98 977a 977a 97 97 —_5 20% .100 *971/4 21 98% No par 1% 1% No par i43/a 14% 229 1% 1% 1% 1% 1% 1% 274 13,200 15 14% 15% 14% 15% 14% 1574 14% 1574 32,200 2257a 227 2257a 2277a 1% 229 1% 27 28 *226 7a 228 27% 28% 176% 17774 *176% 177% 27% xl75 226 2277a 1,800 277a 27% 277a 27% 53,200 176 74 228 28% 176 176% *175% 17674 410 127a 12% 10,200 3474 34 Va 6,900 228% 12% *85 877a *85 877a *85 preferred 100 < Mining of Corp..____.1 Canada Preferred *85 preferred loo Salt *137 42 % < *106% 42% 107% *106 878 77a 7 57% 39% 48% 37 25 48 % preferred 25 International Telep & Teleg—No par Utilities Corp.—. 5 Interstate Dept Stores..„__No par *3672 137 26 % 267a 137 1367a *13674 42% 437a 4374 447a 42% *10674 107 Va *106% 43 7a 44% 1077a ,1077a 7% 87a *7 7a 7% 7% 77a 7% * 7% 109 72 Mar 20 1 19 6 730 62 62 *61 62 57% *57 577/a *57 57% 38% 39% 39 39 39 397a 39 397a 38% 39 2,300 48% 4974 49 4974 49 49% 49 49% 49 497a 3,900 36% 367a *35 *57 57% 200 3772 200 14 72 15% 14% 15 14 14% 14 14% 13% 1474 13% 147, 95,100 20 20% 20 7a 20% 2074 20% 20% 20% 20% 20% 20% 20% 3,000 22 22 22 22 7a 227a 22 2,100 Va 22 *36 7a 37 *36 7a *35 7a 37 38 22 2274 22 7a 40 V\ 4074 40 40 7a 37% 38% 3974 39 % 38% 39 39 39 1,900 28 V4 28% 287a 287a 287a 287a 287a 28% 28% 287a 23% 287a 1,600 —1 — *13672 137% *136 7a 137 7a *136 7a 1377a *136 »/a 137% *136 7a 137% *136 7a 137% *22 22% ___1 6% No par *16V4 17 *16% 17 16% 17% 17% 1874 *95% 96 *95% 967a 96 96% 96 96 96 % 96% No par 65V2 65% 65 6574 64% 6574 65 65% 65 3 a 657a .100 *106 106 % 1067a 106 Co Co... Inc common preferred—_i & 2,400 61% 57% 50c Coal common Manville 61% 61 57% pfd—100 Co 77a 617a 7% 45,300 No par Corp— Tea 280 43% 1077a 64% . j 3%% 1063 a 32,300 40,500 137 137 13774 *10674 87a 277a 26% 27 437a 36% 7 7 26% 1367a *35 > 87 7 7% 27 1077a 63 57% 26% 137 42% 6473 39 78 common—. 7 7 2674 137 *7% *56 No par Silver 6% 26 26% 137% 64% . .No par International Shoe 88 *85 • 7 ' 26% ;i00 7.50 88 6% „ com..No par —— $6 preferred 160 1% 14% ■ 34% Creek 178 397a 14% 12% Intertype 7 % 39% 34 Island 1,100 77a 507a 12% Nickel 7,500 68 34% Johns 24% Apr 3274 1274 Johnson 40 Va Mar Dec 32% 34 Jewel Feb Apr 31 % 1274 56 90 31% 347a 497/a Jan 32 »/4 May 3174 12 3 ' 31% 33 9 13 317a 127s Jan 13* 3174 32% 45% Feb 24 30% 12 48 81% Jan 30% 32% Dec 27% Jan 2,100 12 Dec 107% Apr 200 3% 32% 54 y4 Jan 53 7a 8% Jersey Cent Pwr & Lt 4% 10772 Mar Jan 39% 53 7a 87a 12 Machine Dec 39 7, 53% 32% (F L) 33% 40 87a 38% *53 Int'l Hydro-Electric Sys class A—25 Int' Minerals & Chemical com..1.5 Jacobs 86 53% " Jaeger Jun 397a *53 *53 27% 3 Jun 39 537a 600 37 37 537a 177% 11 73 39% 37% 39 26% "50% 109 38% 377a 600 101 *99 7a 101 38% 87a „*176% 3 1874 May 9672 May 70 72 Mar 5 3374 14% International 1 *99 7a 38 39% No par Jan, 2H 30% 3 101 39% — 7% Jan 92% Jan 25 81 Mar Apr 14 31% Mar 15 *99 7a 38 53% *173 77c 1 101 *99 7a 377a 87a —No par International 12 101 8% common 57c Apr 21; 21% Apr 16,700 92 8% Machines International - 393, 92 8% 50 No par Int'l Rys of Cent Amer com—No par 12 50 2,400 3974 92% 8% *67% — 12 43 36% 40% 927a 36% 20 International Paper Co com $4 preferred 10 36 V'2 39 7a 92 8% 3974 preferred——.——100 47c 3 106% Jan 37 407a Q2 377a 53% 7% 1 Rubber Harvester Int'l 28 T 36% 39 7a 937a 30% 100 Iron International 5 10 367a 40% No par Intercontinental Business 36% *92 8% No par Corp common preferred— 4%7c 94 *99 7a 37j/2 39 ' A _• Interchemical .1% 16 Oct Dec Mex, S C.o Int'l 14 Dec Steel Int'l Mar 29 28% Jan 181 34% 133 De preferred Jnterlake 2. 86% 3iy4 Jan Electrica Rayon Ingersoll-Rand common 40 397a *92 101 35% 39% 3674 *35% 397a *53 50 Indianapolis Power & Light—No par Insuranshares' Ctfs Jun Feb No par 5 Jan Jan Jun *36 % Inland 24 3% *99% Inspiration Cons Copper.. 73% 25% 100 1000 i_5 36% 94 A preferred 1. Terminal RR Co.— 4.707c Illinois *92 common Illinois Power Co ♦ 38% A—100 47c ctf& series 3 15% May 3 Jan lines stock 11 4 Jun 4 21% May 2 * x98% Apr 19 2% May 5 13 22% Leased RR ser Apr 10 40% May 3 1% Jan 25 164% 3 pfd conv 15% May 10% May 2 16% Jan 16 92% Jan 317 12% Jan Feb non-cum 3 33% Mar 27 4 41% Apr Jan 9% Jan 3 7 67c 41% Mar 23 56% Jan 4 11 24 28V2Jan Jan 100% Apr 38% May 13 Apr 8 Jan 12% *145% Jan < *35% common.lOo Industrial 55 v ! Corp. Johnson 6% 7 7% 7 6% 7% 6% 7 *10572 106% ..No par 4872 48% 48% 48% 48 7a 48% 48 74 48% 12 72 *5174 51% 51% 51% 517a, 5134 51% 51% 10774 107% 31% *10774 8872 877a *17% common 4% 2nd preferred series A——100 Jones & Laughlin Steel com—No par 5% preferred series A .100 Joy Manufacturing Co.. — 1 31% - *88 287a 28% 27% 106 *105 74 481 .■ a 51 6% 19 *13 7, 96 900 220 65 % *64% 1,300 106 *10574 106 10,300 967a 20 48% 487, 48% 13,300 517, 51V4 5174 1,200 108% ' *10774 1087a *107 74 108 % *107% 108% *107',/, 1087a 10 327, 31% - *106 6% 7% 18 31% 32% 31% 32% 31% 32 Va 3174 317a 20,000 88 88 88 88 88 88 88 83 38% 520 - 277a 27% 27% 28 26% 27% 2774 27% 4,300 *9% lOV'a 10% 9% 9% *102% 10374 *102% 10374 1*102% 103',4 *102 7a 103% *10874 1087a 10874 1087a 1037a 108% *1087, 1097a 550 557a 55% 5474 54% 3,000 28 •v - K 8% Jun 12% Jan 9 Mar 24 11% Jan 10 Kalamazoo Kansas 94% Jan 100% Feb *34% Feb 102 Aug 105% Nov 49"% Dec 98% Jan 25* 104% Jan 9 103% Apr 10 108% May 4 467a Jan 12 57% Mar 25 Jan 62% Dec 14% July 10% Jun 17% Nov 167a Jan 3 14% Jan 11% Apr 1% 13% Jan 17% Jun *13% Jun 23% Dec 2074 Jan 13 22 19% Dec 16% Jan 30 18% Jan 52- 597a Jan 26 * Por footnotes see page 24 , 64 Feb 19 Mar 16 3.80% 4% 4% 10 9% .100 *102% 1037a 102% 102% ..100 preferred. cum Kansas Stove & Furnace *10874 1097a -10874 108% 557a 55% 617a : preferred— City Southern non-cum com No par preferred——...100 6 Kansas Power & Light Co com—8.75 9 Kayser (Julius) & Co.. 5 Kelsey Hayes Wheel conv class A—1 Mar 16 9 10 *9% 10 ►9' 9% 1000 City Power <5? Lt Co—' Class B ; 1 55 *61 55 63 7a / 55 - 55% 537a 55 *617a : 63 '! 617a '61% 627a *617a 17% 1774 177a 177a 17% 17% 177a 17% 177a 12% *12 7a 12 74 1274 12 % 12% 1274 127a 21% 21% 21% 217a 217, 217a 21% 2174 17% 17% 17% 18 18 1874 17% 187a *617a 63 t >' *2174 21% 187, 18% t. .. / 400 17% 17% 5,000 12%' 12% 17 7a *12 10 1274 63 *21% 18% 600 21% . 1,700 1874 4,300 Volume 171 Number 4905 ... Chronicle The Commercial and Financial (1899) NEW Year 1949 t per 40 $ per 56% Jun ' i.: share I per share Highest Lowest 55'% May 3 Kennecott 47% May 5 2 Jun 48% Nov Feb 16% Nov 15% Jan 3 17'A Jun 25'% Dec 24 Jan 13 Jan 4 Dec 14% Apr 26 Dec Jan 14 28% Jan 13 Jan 93 % Jan Dec 16 '% 72% 31% 90% Aug 98 Jun Mar 25% >. Jun 32% Apr 130 ivi 106 43 Dec 40'A Jan 62% Dec 55 60% Dec 59% Jan 16 8 Oct 6% Feb 15 6 Jan 3% Feb 11 Wednesday $ per share •* 53% 53% 53% 53% 46% 46% 46% 46% 47 26 26 26V4 26 % 26% 26% 32 32% 31% 32% 31% 31% 129 129% 128% 1291/4 15 % "14% conv 2nd preferred 4% preferred Kresge ( S S) Co 5 100 (S Kress H) "14%, 1, 100' 15% *14% 71 71 "70% 28% 29% 28% 951/2 95 95 % 41% —No par; 41% 60 41% 42 42 421/4 • 55% 55% 56 56% 60% 59% 60 59% 60 54'% Shares 55'% 29,200 46% 471/2 473% 473% 26 25% 25% 25 Vs 25'% 1,700 31% 31% 32 31% 31% 8,000 127 15 .127 128% 127 3,000 127 1,560 15% 15% 151/4 *14% 71 70% 70% 70% 71 28% " 29 % 29»/e 29'% 95 29 9514, *95 41% 42% 41% 421/4 41% 56% 56% 56% 56 59% 59% 61 62 *70% > ; 55% 471/4 126% 28% - ? 561/4 „ "55 No par "95 54%. Sales for the Week 31% » 29% Friday May 5 $ per share 26% 71 29% 95 % Thursday May 4 I per share o 551/4 *46%, • 151% 70 "95 10 & Co 54 128% 28% 10 , 127 C 70 No par Kroger Co (The)—! 65% Mar 20 May 54V4 46% Copper Koppers Co Inc common 6 Jan 62 Feb 20 $ per share 53% / 25 42% Jan 27 Feb Feb Jan Apr 97 Tuesday May 2 9 per share • r No par 47c 2 31 % Mar 9 48% 13 13 May 1 County Land, Co 5 Keystone Steel & Wire Co___No par Kimberly-Clarke Corp com—No par 17% Mar 31 V, Kinney (G R) Co common $5 prior preferred 71% Feb ,6 69% Jan 43 x35% Apr Monday Apr. 29 • per share Par v; Kern 26% May Saturday . •' 1 107% RECORD LOW AND HIGH SALE PRICES STOCK v:,v;v 3 11 Va 10 y2 ; 49 '% Apr 39 62/ $ per share ; s YORK EXCHANGE ' • . „ Jan 45'/a Mar 90 > Jun NEW Range Since Jan. 1 , Highest share STOCK STOCKS Range for Previous Lowest YORK 19 *56 •i 59% 95% 15% -95 95 600 180 4,900 / .170 4,400 , 41% 56'% 800 63'% * 2,200 L 4% Jan 3% Jun 17% Jan 9% 11% Jun Lane Bryant common 11% 11% 4%% 471/2 Jan 25 Jan 22V2 Jan 19 29% May 1 Lane-Wells 45% Dec 40% Jan 25 47% Mar 7 Lee 16% Jun 22% Jan 20 Jan 3 25 5 Lees 90% Jan 98 May 94 Jan 24 991/2 Mar 23 "'■<8% Apr 26 44% Apr 63/4 Jun 11% Jan 73/8 Jan 3 33% Jun 49% Dec 443/4 Jan 27 3% Jun 5% Jan 1% 3 Jun 24% Jun 15 Jan , 4% Jun 8% Jun 56 3/4 Feb 11% 21/4 Jan Jan 13 9% Apr 6% Jan Dec 30 11% Jan 20% Feb 26% Sep 21% Mar 10 241% Jan Jan 64 Dec 61'/2 Mar 1 .70% Apr 71/4 Jan 34% May 1 6% Jun 8 3/4 Mar 34% Jun 37% July 723/4 Apr 91% > Oct: 83 Jan 27 170 Feb 186 Sep 182 Jan 11 33 Jun 49 Dec 45 'Jan x7% Mar 29 Dec 60'/2 Mar .89% Jan 3 X6% 52% 101/4 Jun Jun x67 19 Jun 33% 13Vt Jun 17% Dec 65% Jun 78 Jan 28'/a Feb Oct Dec 16% Feb 25% 14% Jan 183/4 Aug 2 27 17% Jan ; 3 Jan 13 73 23% Jan 13 15'/2 Mar 31 62 3 May 13 22% Jan 6 27 Apr 5 28 Mar Jan 172% Dec 166% May 153 23% 174 Jan 233/4 24 243/4 "97% 98% 98 98 98 98 98 11 36 Apr 3 41% Apr Stores Sep 22V2 Mar 24 27% Jan Oct 973/4 Feb 17 18 Vb Feb 23 99% Jan 20"% Jan 5% par 7% 8% 45% 6 1% 6% 5% "58 58% 58% 9% 9% 9% 15% "5 59 9% 22% 22% 22% 22% 22% 223/4 70 69% 70% 70 703/b 7% 34% 25. .' 8 84'/4 34% 84 84% 183 100 8 7% 34% 183 7% 843% 183% No par 56% 56% 57% *57% 5 8% 8% 8% 8% 8% *63 VB 63 % 63% 63 % x63% No par 33'% 34 333% 34i% 33% Corp Corp. Corp (Md) A 19 19% 9 per share *93% 9% 900 22% 22% 22% 22% 4,900 70% 70% 703% 703% 5,400 *80% 31% 323/4 31% 15% 16% 8 73% 7% 11,600 35 35'% 35'% 2,300 84% 85'% 73/4 35 ; 85 85% 184 *183% 62 , 63% 34% 18% 63% 36% 18% 82 *80% 270 63 *62 8% 7,400 184 183% 62 8% 34% 18% 80 34 1,800 63 63% 38% 32,000 18'% 18% 4,000 82 *80'% 400 16% 161/0 78 78 78% 77% 78 78% 77% 783/4 77% 78 2,800 253% 25% 26 26'% 26% 2614 26% 26 26% 26 26% 2,300 26% 26% 263% 26% 20'4 26% 263/8 26% 25% 26% 25% 25% 6,700 167% 166% 1671/2 *167'% 168 . 38% *167% 32% 30 ' 168 167 : 16 16% 78% '26 16 31% 30% 30% 50,000 161/4 16'% 16'% 19,600 166% 1661/4 35% 35% 353% 35 351% 35% 35% 34% 35 35 35% 1,700 39 39% 40 39% 39% 39 393/4 38% 39% 38% 383% 7,300 24% 24% 24% 24% 24% 24% 24% 98% 98% 98% 93>4 *98% 243/4 99 i 24% 99 98i% 98'% 20'% 19% 20 19% 20% 193/4 20 19% 20 *24'% 25 24% 100 *98'% 99 *98'% 10 19% 20 193% & Sons Inc com__i " 900 353% 18% 82 „• 27,600 " 9'/a 8% 32% 163/b ' 168 *167 . 140 2,100 230 4,600 LOW AND HIGH SALE PRICES STOCK Saturday Monday Apr. 29 May I EXCHANGE «>'■" 11 . 400 4,800 93/4 64 333/4 80% Lowenstein $ per share share 1,400 53/a 9% 8% *631/4 193% STOCKS J per *5 58 7% 62 8% 80a% Lukens YORK 4,700 53/8 58% 183% 57% 19Vo 5 18 , 2 16 5% 16 .100 Co—: 8,200 *l7/a *15% 58% 85% 183% 80% 28 (Mi 6 2 78 __10 preferred series A 843/4. 32 % 1,500 58% 36 81% *35'% Steel 18% 6 »/4 *5 8 7% 34 8,000 " *35 8%; 633/4 8 47 22% 70 58 50 73% 463% 703% V 22% v 98 9% 9% * 300 7,400 *97 8 <. 16 : 1,400 25 593/s 323% 18% No par No par preferred-—-— ' 59 32 1 Co common 57 53/8 28% 46 16 1% 5% 1,300 24% 46% 6 2 15% *80 —.—No par Cement NEW 184 6% 2 85 184 No par (P) Lowest Highest 35% 84% 183'% 53/4 15% 7% 34% 34% X73/4 ' *45% 46 46% 93/4 69% 5 8 3/8 461/2 1% No par —7 8% 59i/8 9% '/ 4 28'% 28% // *453/4 5% *5. 59 *97 16 No par & Libby Aircraft • 15% 5% 23% 6% 1% 16% *45% 8% 46 6 2 1% 16 Louisville Gas & Elec Co (Ky) No par' Louisville & Nashville „50 4%% 8% 46% 8% 46 5% 1% 1 —5 Co Lorillard 8% 47 "5 ;_i Corp—_ Long Bell Lumber Range Since Jan. 1 Highest Year 1949 share 8% "46% 1 Co Star Range for Previous t per 10 25 16 7% Lone 99 par (The) Corp "98 No par pfd Loew's Inc— 19 11' 21'/4 Mar Lowest« cumulative preferred—-100 No par ,3%% .convertible preferred—100 19 30% Jan 34% Jan 100 Jun 15 A Dec Jan 25% Jan 23% Liquid Carbonic Corp com 4 32 Jun 95 23% Lockheed 20 41% Jan 31% May 207/8 Jan 23% 9 25% May 75 23% 21% Jan Oct Dec 45'% 23 Oil Dec *443% (James) & Sons Co common__3 Lion 25% 76 451/4 28 46 5 273/s Jun *441/4 45% 46 38% May Jan 19% 2,000 283/4 Belt 15% Jun X60 103% *441/4 Link 6 10% ." 283/4 11 Mar 16 10% 45% Lima-Hamilton 18 % Jan 10% 46 15 81 10% 28% 9% Feb 811/2 Apr 17 32 % May 1 1,800 10% 46 23%, 28,800 213% 28% "44%, 7% *37% 213% *44% 66% Jan . 7Va 4 22 29% preferred Lily Tulip Cup Corp . 7% 4 22 46% Liggett & Myers Tobacco com - 11% 7% 4 45% Life Savers Corp__A Mar 31 187 *10% - 22 28% Libby McNeill 10 17 Jan 37% Apr 11% 7% 3% 22 "45% Libbey Owens Ford Glass 2 8% Mar 3 45 11 7% 3% 22 28% Lerner 14 \ 7% 3% 22 46% Lehn & Fink Products. 9 44 Ye 7% 3% 22 "28 ' Lehman 10 "44% 7% 3% 21% "45 5Cc non-cum 2nd 3 ,59% May 5 54 5 30 3% 5 *—1, Tire-- & Lehigh Coal & Navigation Co Lehigh Portland Cement Lehigh Valley RR_—: No Lehigh Valley Coal com $3 non-cum 1st preferred—No 10 Jan 21 20 41/2 Apr 20 Dec 8% Apr 50 Co—_— Rubber 3.85% 7 6% Apr 13/4 Apr 10 15 Jan x413/4 50% Jan 3 43/4 Jan , Jan May No par preferred 19 26% Jan Oct 7 22 Jun 47 7% 22 pfd__L75 Pesos Mex (The)_ No par Co 193/4 Jan 7 "3% Lambert 37 43 4 La ConsoMd 6% 9 12% Jan 10 V2 Mar 20 Dec Gas Co— 6 4% Jan .12 22% Feb 20% Mar 21 22% Laclede 3 7% Jan . ■ • Far '< Tuesday May 2 ' Wednesday Thursday May 3 ; 9 per share 9 per share 9per share I per Sales for Friday May 5 the Week I per share yShares ../'/May 4 share 9 per share i M 9% Jun 14% 3IV2 Apr 42 131 139 Jan 153/8 Oct 11% Fab 28 Dec 38% Jan Oct Jan 9% Jun 27% Jun 333/0 Jan 95% Jan 104% Dec 13 103/a Jun 5 Jun 61/2 7 Jan 193% Jun 430 Jan 20 8% July 525 Jan Dec 9V4 Aug Feb 11 Mar Dec 3 17 May 4 3 139 Mar 27 11% Mar 31 15 Apr 25 preferred 6% Mack 135% Mar Trucks 14% 14% 40% 40% 40 40 141 14% *138 141 100 ,, 9% Mar 27 18 Mar 30 17% Jan 9 No par 100 No par —10 1 50 1 Macy (R H) Co Inc com 4%% preferred series A Madison 15 3 32% Jan 105 Jan 9 Square Garden. Copper Magma — 10% Jan 3 24% Apr 19 Feb 17 550 Jan 9 Magnavox Co (The) Mahoning Coal RR Co 4 9 Jan 7 Manati Sugar 7JA Mar 30 9% Jan 11 Mandel Bros 23 Manhattan Shirt 530 7% Jan >' ■"138 14% 5 Inc 20 Apr Co— "520 x9 % Mar 15 19 19% May 3 27% Feb 8% *8% 8% *8% 10 4 % % Co & preferred (Glenn 9 24% 25 "105 106 17% 12% 66 15% 55% 185 —1 Co— L) 18% 25 % 17 Jun 12 Apr 9% Jan 13 17% Apr 29 Martin Feb 13% Jan 10"% Apr 20 13% May Martin-Parry Corp— 39V2 Jun 59 Dec Jan 13 66% May 19% Jan 13% Apr 343/J July 48 Dec 47% Jan 3 13 58 Apr 12 Mathieson Corp—No par "55 Feb 179 Aug 175 Feb 3 182 Apr 13 "180 38 Jun 49 Dec 46 Apr 21 50 Feb 9 89 Jan 983/4 Dec 98 Apr 6 100 Jan 12 Jan 98 Dec 97% Jan 4 100 Jan 30 —100 May Dept Stores common 5 $3.75 preferred No par $3.75 cum pfd 1947 series__No par Feb 18 $3.40 6 Maytag 170 89 80 7Va 56 16% Jan 5 Feb 88 Dec 87 Jan 10 90 Jun 12% Dec 11% Jan 3 17 Apr Dec 42% Jan 13 52 25 Jan 21% Feb 16 21 36% 30% Mar 100 Jan Mar 22 23% Feb 42% May 3 Dec 100% Mar 11 105 27 14 36 Mar 1 McGraw-Hill 58 Jan 3 45% Dec 43% Jan 34 Apr 30% Jan McGraw Electric Co-—_ 52% Mar 16 Jan 60% Nov 51% Apr 8 Jan 41% Dec 37 Apr 27 42% Feb 10 92% May 102% Dec 99% Jan 25 103% Apr 22 Dec 22% Apr 27 26% Jan 9 McLellan-Stores Jan 9 McQuay Norris Mfg Co—-- 25 Feb 12% Apr 5 16 12% July 17% Jan 14% Jan 3 21% Apr 20 70 % May 93% Nov 82 Jan 5 91 Jan 24 xl3 17% Mar Jun 28% Jun 34 % Oct 32% Jan 6 20% Jan 27 Dec 24% Apr 29 44 common No par preferred (1st series)—_100 4% 2nd preferred (1st series^—50 Melville Shoe Corp 1 Mead May 7% Jun 13% Jan 11 Jan 3 14 49 Jan 42 Jan 13 48 May Jun 15% July Mengel Co (The) common 1 5'!e convertible 1st preferred—60 Inc —3% May Jun 12"% 13 52% Apr 8% Apr 43% Dec 39% Jan Jan 99 Dec 96 90 Merch 7% Jan Mar 21 156 130% Dec Jan 17 23% Jan x20% Jan 25 29% May Dec 37% Feb 18 Dec 101% Feb 21 106 May 5 Feb 107% Mar 31 110 Apr v, 43% Mar 17 12 30% 40 Jun 97% Jan Oct 105% 104% 110% Jan 3 Miami 3 May 5 Mid-Continent 7 Middle 13 Oct 38% Feb 23 18% Dec 17% Jan 3 18% Jun 34 Dec 28 % Jan 13 34% May 5 Jan 5 139% Mar 7 11% Jan ;3 14% Jan 17 27 11% Feb 21 10% Aug 7 % Jun 5 12% Jan 12 Jan 9% Apr 87 66% 104 Mar 101 5 99 Jan 10 110 96% Feb 15 120 101 Dec Jan 108 Dec 106 Mar 10% Jun 14% Jan 11% Apr 67% Jun 80 Feb 69% Apr 16% Jun 22% Nov 18% Apr 31 Apr 1; 3 13 5 21 15 17 May 3, 42 % Apr Nov Jun Midland 8% Petroleum Steel Prod 1st preferred common > Apr Jan 5 9 6 22% Jan 10 108% Jan 15% Jan 81 34 % Mar 20 No par No par :;Minneap & St Louis Ry Minn St P & SS Marie ■ New common 3.20% Minn • ."—5 >. 8% 9 8% / 9% 9. V 18% 19:7: 19% 19 19% 24% 25 25% 24 y8 9,400 25% 106 *105 106 1053/4 1053/4 *105 • , 620 6,300 106 20 16% 17% 16% 16% 153/8 16% 153/8 15% 20,200 12% 12% 12% 12% 12% 12% 12'% 12% 13% 14,400 66 66 661/2 66 % 66 % 65% 66 66 15% 15% 15% 153/4 15% 16% 153/4 16% 55% 543/4 551/2 54 54% 52% 54% *180 *180 185 185 *180 185 *180 185 663/4 3,600 16 16% 2,900 52% : 52 '/a 3,500 *180 185 49% 49 49% 48% 49% 99% 98% 88% 98% 98% *98 98% *981/4 98% 98% 98% 98% 98% 98% 98% 98% *98% 98% 981% *98% 98% 98% 98% 100 88% 88% 16% *88% 89% *88% 89% "88 »/2 89 % *88% 89 % 100 16% 16% 16% 16% 16 1/8 51 51% *50% 21% 22% 223/8 21% 41 % 21% 21% 21% 213/4 213/4 41% 40% 41% 41 41% 34% 34% 34% 34% 34% 34% 104% 104% 104% 104% 47% 104% 105 47% 48 21% *41 47 % 47% 47 % 47 37 37% 37 21% *34% 233/a 233/4 1,500 13% 13% 13% 1,400 20% 21% 21%, 6,300 21'A 43% 44% 25 25 25% 25% 25% 25% 13% 13% 14 13% 14 13% 13% *45% 47 *453/4 47 47% 48 15% 16 *1534 15% *6% 7 *6% 154 10 154 27 *40 51% *97 400 233/4 90 51% 2,200 13 *43% 99 37 % 23% *101% *883/9 51 37 13 % X21 *97 1,900 373/8 4,200 23% 103 44% 25% 7 53 13 90 51 % 99 153 27% 40% 35 % 52% 233/B 21% • 47% *34% 53i/4 *101% *43 48 16 47% 35% 14% *89% 21% 471/2 23 44 21% 410 103 91 32 250 47 43% 42% 19% 1,700 105 37% *89 91 4,800 300 104% 37 23 1,400 J 1031% 103% 37% *13% 22% 22 53 *101% 51% 22 % 35 35% 13% *50 % 42% 53% 23 51% 22% 4,100 34% *53 102 16% 21% *343/4 13% 16% 16% 413/4 53% 22% 180 34% 35% 102 3,500 21% 37% 13% 21% *34% 49 41% 53 - 3/4 41% 54 36 48 21% *34 53% *35 7 513/4 99 153% 153% *15% *6% 51 *883/a 253/4 . 253/4 25% 25% 3,900 13% 13% 133/8 133/4 9,700 *46 15% 7 15% 7 52% 52% *98 *155 27 40% .40 27% 90 43 99 27 100 43 156 40 21 *883/s 102 43% 154 27% 90 *101% 43% *97 41 103. 47 153/4 7 523/4 991/2 *48 15% *6% 51% *98 159 ♦155% 1,000 48% , 153/4 20 1,800 7 1,100 52% 14,500 99 % 780 158 27% 273/4 29 29 V8 2 9 3/4 5,800 40 393/4 39% 39% 39% 700 106 40 *104% 105% 105% 105% *105 1053/4 *105% 106% *108% 109 % *108% 109% *108% 109 % 1083/4 1083/4 *1083/4 109 % 60 15 14% 15 % 15% 15% 15V» 9,700 15 14% 42% 43% 43 433/b 42 3% 19 • 19% 19% 193/4 19% 19% 32% 32% 32% 32% 32% 133% 133% 133% 133% 12% 12% 12% 12% 12% 10 10% 9% 9% 9% 39 40 14% 14% 9"% 9 18% 24% 50% ' 39% .108% / No par 114 preferred —i—/ No par : MInneapolis-Moline. Co common—1 $5.50 1st preferred 100 $4 2nd conv preferred——25 Minnesota Power & Light Co_No par I *105 105 9 19 49 133% *12% 12% > 8,800 243/4 22% 32 8,400 ' 32% *133 433% 15 423/4 19% 33 43% 193/4 34 106 43% 19 % 33% 44 19% 10,100 27,600 •' 34 VB 4,900 133% 110 12% 12 12 113/4 121/4 2,200 10 *9% 10 9% 9'% 2,200 133%- 133% 1333/4 133 Regulator— -———1.50 conV pfd series A——-100 Min & Mfg common $1.50 24% 50% 19% 700 8% 49% 42 £"> 163/4 30% 7% 30 49% 14"% 10 10 1,200 48% 100 v- "133 j. *18 3/8 55% *104% 105% *108% 110 pfd_100 100 5 — 8% 30 '/a *22% *40 South Utilities Inc—No par *16% 73/4 51% 5 Co 16% 16% 293/4 ., 62,100 530 8% 22% 153 27 Minneapolis-Honeywell 34% Apr No par No par Copper 20% Mar Jan 48 Jun 131 No par v. 50c - Metropolitan Edison 3.90% 4.35% preferred series 15% May Jun Jun 139 % Mar Machine Mesta 44 8% 14% 124% July Co 8 400 20% 530 *8% 22% "45% 15% 6% 51 "97 18% 20% 540 8% "50% Scott—No par Merritt-Chapman & 5 37% 14% Transp $3.50 preferred „— $4 conv 2nd preferred July 120 Min Merck & Co Inc common 18 May 3 105% May 18 & 22 Jan 98 ' 3,000 7% 51% 12% - 16 v' 7% 22% "89 43 24% Mercantile Stores Co 16% Apr 7% Mar 27 Jan 16 6% Apr 29 14 % Jan ; 1,000 16 163/4 11% 7% 16% 13% 21% 4%% 27% Jan 34% Corp 10% 5,400 32 103 % 11 % ■: 17% 66 35 53% "37 37/% "101% 103 22% 22% 10 31% 16,200 103 % 1033/4 *8% 30 600 14 12% 35 1 Co 32 7,800 : 141 133/4 14'/4 12 16% 40 *138 73/4 8 3,4 7% 16 '% *39 % % 17 53% 5 McKesson & Robbins Inc com——18 $4 preferred —-No par 30% *520 8 16% 47 No par 41% 105 34% "103% 104% ——1 Publishing 7 29% - 193/8 540 21% "40% 34% Mclntyre Porcupine Mines— Jun Feb 8% 14% "22 —- 3 16% 161/8 30% *11% 16% "50% Corp 33% Mar 24 29% 88% , No par No par Dec 24 19% "98 % No par McCord Corp common 3 Preferred —50 McCrory Stores Corp common 1 3%% convertible preferred—100 5 May 48% "98% No par pfd_. cumulative McCall 27 36 % Mar — Co common $3 preferred 24% Mar 17 40 preferred "15% 1 ...— Chemical 12% 65% - — Mar 28 45 May 19% Mar 90 7% Corp Electric Co Master 9 20% Apr 30 Masonite 5 No par —No par 8 8% 9 18% 25 7% 16% 29% *8%: *103 12% 163% 21% 17 40% 141 ' 8% 9 18% No par com 10% 11'% Jun 16% ;*73/4 31% 103% 20% *520 8% —100 6% Ry Marshall Field Mar 23 106 7% "8 Maracaibo Oil 4 21% 540 7% "18% 3 18% Apr *520 7% prior pfd—100 8% Jan Oct 25 - *7% St Dec —; 20% 22% 540 , 7% Market 8% 18% 23% Jan 21% *520 540 Marine Jun 102 % Jan 16 8% Jan Dec 15% 30% 61/2 Dec 15% 7% 16'A Mar 243/8 15% 16% 171/4 104 15% 103% 13% 32% 12 "7% Marathon Corp Jan 12 % *39% *138 14% 32 323/e 103% 12% 153/s 40% 141 14% y 103% 30% 8% Jan 11 31% Mar 11 *39% *138 12% 16% 3 14% 32 32% 8% 30% 19% Feb 14 Jan 14% 103 8 17 Feb 25 40 141 15 14% 12% 30 % Apr 7 Dec Apr 14% "16% 16 Apr 19 % 40, 5 Dec 95% 32% *102% 14% *138 . Exploration—_—_1 6.25 Midland Corp 5 18 3/4 10 3/0 25 6% 14% 32% 32% 102% 103% 12% 12% "15% 15% 21 22% No par — Feb 15% Jun 14% 5 14 % Apr 29% Mar 31 102 14% 14% common—10 Forbes & MacAndrews 41 % Mar 24 * Wood Working Co M & M - 39% 108% 114 "107% 108% 12% 12% 70% 70% *18% 32% 18% 32% 40 393/4 40% 108% 108% 115 116 108% 108% *108% 116 118% 119% *107% 108% 13 13% *107% 108% *107% 70% 18% 32% 70% 18% 32% 40 >%, 39 391/2 109% 108% 1081/2 120 118 120 108% *107»/2 1081/2 383A *104 119 *107% 39% 7,600 108 119»/2 660 • 3,100 108 12% 13 Va 123/4 13 71 71 70 3/s 70 3/4 650 191/2 183/4 183/4 1!.« 200 32% 32% 333% 6,200 12% 13 13 13% 70% 70% 70% 71 *18% 19% *18% 19% *18% 32% 323/6 32% 32% 11,300 f 32 - 1 J'l 20 (1900) The Commercial and Financial Chronicle NEW Range for Previous Range Since Its. 1 Lowest Highest t per share t per share 38% Jun 54% Jun 10% Oct 3% Jun Jun 6 9% Jan 4% Jan 3 4% Feb 10 Aug 25 Jun 35 Jan 9 Jun 12% Dec 21% Jan 26% Jan 57% 103% Jun Dec 10 113 Mojud 27% Mar 20 Monarch 54% Jan 13 1 Monsanto 112'/a Jan 4 120% May 13% Feb 5 14% 47% Jun 53% Mar 10% Jan 13% Dec 13*s Jan 1J 16% Jun 23 Jan 18 Jan 11 14 Jun 26% Deo 23% Jan 3 52 Deo 12% Apr 27 2 J.'/a Mar 31 T 53% Apr $4 Machine 15% Feb 6 18 Moore-McCormick Morrell Apr 22 16% Jun 27% Dec 26% Jan 3 34% May Jun 23% Dec 21% Jan 3 24% Apr 21 Jun 17% Jan 13% Mar 25 17% Jan 7 Mueller Brass Jun 14% Jan 12% Jan 16% Apr 13 10% May 4 Mullins Mfg 9 Dec 38% 11 Oct 10 9% Feb 2 Dec 49% Jan 12 112% Mar Jun liU'/« 13 Jan 43 Jan 13 46 1 Apr Apr 14 10% 10% 10% 10% 10% 4.800 6% 6% 6'/# 6% 6'/a 6'/4 22,600 29 29% 29% 30% 29% 30% 29% 30% 28% 30% 29% 29% 24.800 8% 15,300 7% 7% 8% 33% 33Va 33% 12 12% 11% 12% 26% 26% 26% 26% 67% •118 5 •12 68 67'A 8% 8% 34% 34 % 8% 34% 34'/a 35 4,000 12% 12 12% 12 12 2,100 26% 26% 27 27 27 1.700 66 % 66% 9,300 120% 120% •12 26% 26% 119 68 66% 67'A 120 66% 120 33% 12% 26% 68% 120 120 7% 33% 8% 8 33% •12 119% 119% 66% 8% 673/8 120 120 1,100 12% 12% 12% •12% 12% 12% 121/4 12% 12% 12% 1.300 No par 22% 22% 22% 22% 22% 23 22% 23 22% 23 23 231/4 12.900 No par 56% 57 57 53% 57% 58% 57% 58% 57% 58% 573/8 58% 30,800 5 14 14 14 13% 13% 13% •123/8 13% 13% 13% No par 3 •18% 18% 18% 18 'A 18% 18% 18 18 *18% 18% *18% 18% 400 47% 49 48% 49% 46 49 45% 47% 43% 45% 42% 44% 41.900 33% 33% 33% 34% 34% 34% 34% 34% 33 34% 323/4 33% 9,900 5 23% 23% 23% 24 24 24 24% 24% 24% 24 3/8 24% 24% 2,300 1 15% 15% 15% 15% 15% 15% 15% 16% 16. 16% 16 16 6,700 1 Co 16 16% 16% 16% 16 16% 16 16% 16 16 »/4 16 16% 7,300 *10% 103/s 3,400 493/4 493/4 . 5 9% 1 common 10 10 10 50 50 50 13% 50 • 10 13% 10 50% 10% 10% 103/4 49% 10% •49% 13% 49% 49% 50 5 600 1,200 100 •111% 112% 111% 111 % 111% 10 19% 19% 19% 19% 19 19% 19% 19% 19% 19% 50 43% 44 43% 43% 42% 42% 43% 44 44 44 43% 44 No par •43% •43% 44% *43% 44% 43 % 43% 200 44.800 com . & 7% 33 Corp E) 4,900 10% 6% No par preferred (F Shares 57 10% preferred Myers 56% 6% Lines Murray Corp of America 4% 57 % 10% Co (The) Munsingwear Inc Murphy Co (G C) 29 56% 6% 5 Products 4%% 57 10% No par Corp Motor Wheel Corp 7 19% May 44 36% Jon Motor Mar 17 3 13 15 Oft 51 113 jan Dec 39 July 52% Mar Jan 15% 30% Mar 41 Jan 50% Feb 108% 13 2 56% 6% com ._ 15% 11% x9% Co (John) & Co__ Motorola Inc 57% 10% 20 Montgomery Ward & Co 20% Jan 57 57 1.25 conv Montana Power Co t the Week 6% No par 59 Feb Sales far May 5 10% i 23% Mar 25 18 10% 9 per share 6 . Tool Chemical 56% pfd_100 conv pfd series B MontanarDakota Utilities 3 56 % Friday t per share May 3 100 Carpet Mills Hosiery Co Inc 68% May 56% Thursday May 4 t per share Wednesday May t I per share —5 preferred series A 5% 9 per share PRICES HIGH SALE Tuesday No par Mohawk 7% 13 24% Jan May 1 10 com t Missouri Pac RR 9 Jan 12% Mar Jan ■ Mo-Kan-Texas RR 4 Apr 4 11% Jan 13 Dec 2 35 30 Nov 45% 6% May 30% Apr 4 10% Mar 20 AND Monday Apr. 29 Mission/ Corp Mission Development Co 11% Mar 24 3 21% Jan Saturday For 57% Mar 27 3 Jan 51/4 RECORD LOW STOCK EXCHANGE 9 per share 46% Jan 25 25% Mar 3% Aug NEW YORK Highest I per share Jan 7% 15% STOCK STOCKS Year 1049 Lowest YORK Monday, May 8, 1950 ... Bros 44% 111 % 112 111 % 44 •42% 44% •111 112 112 *43% 111% 80 19% 19% 29,400 1,500 N 10% Jun 17% 22 Jun 32'/2 Dec 32 Jan 3 17% Jun 24% Dec 23 Jan 13 5 Jan 9% Jun 10% 9% 16% Mar 9 Apr 73/s Jan 16% Jan 203/4 May 44 13 1 May 3 Nash-Kelvinator Corp Nashville Chatt & St Louis 26% May 9% May 3 Dec 18 Jun Dec 4 National Acme Airlines— 22 5 National National Automotive Fibres 13% Dec 12 Jan 13 28 16% Apr 27 National Jun 41 Aug 36 Feb 24 Jan 45% May 2 National 30% 40% Dec 35% Apr 20 17 National Biscuit Co 181% Feb 9 Inc Aviation Corp Battery Co 170% Mar 4% 185% Jun Sep 7% Mar 39% Jan 186 Jan 6% Mar 29 30% Jun 36% Nov 32% Feb Jun 8% Aug 8% Jan Jun Jan 7% Jan Jan 10% Jan 9% 9% Jun 27% 13% Feb 39% Dec Feb 17% Aug 17% Jun 22% Dec 7% xll% 12 Jun 14% Jun 19% 86% May 25% Apr 169 % Jan 135 44% Mar 23 Feb 20 National National Department National Distillers 11% Jan 13 22% May 3 11 WO3/* Mar 42% Apr 12 184% Apr 21 183 Sep Dec 7% Dec 19% Dec \i 26 180% Jan X150 28% Jan 3 11 7% Jan 18 Jan Jan 4 25 % Feb 25 Dec 23% Jan 156 13 Apr 4 H * 25% Mar 24 27 2 000 39,000 9% 9% 9% 9% S3/* 9% 9% 93% 93/8 93/8 6,500 1 21% 21% 21% 21% 213/4 22 213/4 22% 21 '/a 21% 21% 21% 32,900 No par *98'A 99 98% 983/4 98 981/4 *97 V2 983/4 98% 98% 150 40% 413/a 15,400 Gypsum Co $4.5o preferred National Lead Co *183% 184% 183'/a 183% 6% preferred B 100 152% 152% *152'/a 153'/a Linen Service Corp __1 Natl Malleable & Steel Cast—No par Natl Power & Lt ex-dist No par 7% National 102% 42 37% Apr Oct Jun 102% 67% Dec 100 -Apr 10% Jan 102 Dec Feb 58 * 1 3 27 363/8 27% 36% *27% 363/4 36% 36% 36 % 36% 27% 273/4 273/4 273/4 National Supply (The) 4%% preferred Nehl Nelsner 10 Co Jan 9 105% Feb 16 13 % Mar 23 Apr 13 Apr 26% Mar 29 25% Mar 31 May 5 29% Jan 20 Newport News Ship & Dry Dock 30% Feb New 3 15 4 New 102% Dec 98 3 111 2 142 May N Jun 10 11 % Jan Jun 56 117% Dec 132 Apr 26 145 Jan 10 18% Feb 9 Jun 20% Jun Jan 14% Jan 13 % Jan 30 Dec 28% Mar 29 4 48 Feb 61 Dec 56 Jan 205 26 Dec 250 Mar 220 Feb 21 5% Jun 9% Jan 21 7% Jan Jun 3 33% Jan 30% Jan 15% 4 Feb 19% Apr Apr 34 % Jan 6 63% Jan N 18 246% Apr 19 10% Feb 27 36 Mar Y Y New $5 N N 4 Y preferred York Jan 96% Nov Dock Y New N Y common preferred Harlem RR Haven & 5% Jun 20% July 11% Jan 85 Feb 78% 31 Jan 39% Dec 34 % Apr 11% Jun 19% Dec 17 i 8% JD May Jan 10% Jan 3 Dec 93% Feb a 107% Sep 7 109% Mar Jun 12 Jun 20% Oct 30% Dec 106% Apr 27 9% Apr 24 16% Apr 24 Oct 13% 13 Mar 22 5 109% Mar 24 13 Jan 21% Feb 5 18 36% Dec 23% Jen 4 1% May 32% Mar 28 4% J<*n 1% Apr 18 11% Mar *3% Jan113 14% Oct 13% Mar 29 16% Jan 17 12% ♦102 103 *102 13% 15% 32% 103 •102 103 103 102 62% 63 63 64 6 31/a 64 63 63 13% 12% 131/4 70% 12% 12% 12'/2 12% 12% 12% 68'% 70 28% 28% 28 28 % 27% 2fi% 27 27 % •27 27% 27 70% 14% 15% 15% 33 70% 8% 15% 32 % 60 16'/# 32'/a 60 % *102 72 70'/a 28% 27% 27% 27% 27% 6,300 261/a 27 27 27 1,100 . 31% 16% 16% 31 '/a 61 •60 31% 61 225 225 8% 8% 8% 31% 32% 8% 32 61 8% 13% 16% 14% 8% 32 13% *32 104% 6.700 136 136 2.000 16 2,000 *15% 16 33 *60% *32 61 *2201/8 240 33 8% 8% 8% 5,400 51% 51% 51% 2,700 19% 26% Ya '/a 32 32 .6 100 *98'A 983/4 98 3/a 98 % Niagara Mhk Pwr Corp com_No par 98s/8 *98% 985/8 22% 223/4 22% 22 3/4 98V4 22% *98'/4 223/4 22j/4 22 V8 22% 22 5/a No par 22% *27'/4 27% 273/8 27% 27% 273/4 273/4 273/4 275/8 273/4 273/4 100 *87% 89 % 89% *87% Class A Noblitt-Sparks 100 Noma Electric Corp Nopco Chemical Norfolk & 1 Rights 89'/a *87'/a 953/4 953/4 *95'/a 953/4 102'A 101% 102'/a 403% 413/4 41% -.s 40 fa 184,200 98 '/a 80 223/4 28,900 27% 5,600 40% 90 *871/2 953/4 94% 953/a *945/8 1023/4 1023/4 *88 41'/a 41 89% 95 102 41% 500 102% 670 41% 40 3/4 9.900 123/s 13 13 133/8 12% 13% 13S/8 13 131/4 333/8 333/8 33 331/2 *32% 33% *32% *32% 331/2 32 5/a 33 47% 47% 47% 47% 47 % 47% 47% 47% 47 '/a 473/4 47% *263/4 47% 27% *26 3/4 27'A *26% 271/4 •26% 27'A *26% 27V8 *263/4 27'A 203/4 20% 20% 20% 20% 20% 20 3/4 20% 205/8 20% 1 20 5/a 203/4 29,400 15% 153/4 155/8 16% 15% 16% 153/4 16 15% 15% 15 50 86% 15 3/g 86,200 86% *861/2 *86% 87% *86% 871/2 *86 v2 87% 10 Ry Co *86'/a 87% *35% 351/2 35% 35% 355/b 35% 35'/e 34% 35'/a 6 500 hi % I78 hi hi hi 113,600 205/8 21% 20 5/8 21 17% 12 11% 11% 87% 35% ■;«. 35% 13 ■ - - " — Pacific Ry 20% Northern States Pwr Co (Minn)— Common No par 11% 11% ; 96% , $3.60 preferred No par No par $4.80 preferred Inc common_10 96% 1063/4 .. 4.6% preferred 25 Northwestern Telegraph 50 JNorwalk Tire & Rubber—..No par Norwich Pharmacal Co 2.50 107 10% 173/4 28% 1% 13/8 14% 14% — & 96% 21% 213A 12 113/4 13 35 12 97 97 963/4 ■ 107% - 97 *1071/4 103/4 26,900 "X 500 13,000 ' — ww 30 26,400 1 19,300 96% ; 96% 963/4 97'/a 107 y2 IO71/2 101/4 10% -10% 17% * 21% 11% 107 10% 17% 13 5/8 33 21 % 107 10% ■>173/4 28% 11% 96% 107 "10% 21% 11% 21% — 20% luo Airlines Va 98'/a 10 Co Natural Gas Co Northwest 2,200 11,700 25 com — Northern % 102% 953/4 102 42 89'% 19 26% 26% 4 Ry Aviation Central Northern 38% *87Va *1013/4 102 'A *19 25 Co Western Adjustment preferred Northern 953/4 *1013/4 2.50 Industries •943/4 100 - 3*a % *98 30 8% 19'/# A 430 240 51% 32% 263/4 % 710 61 61 *220% 19% preferred 60,500 14% 103% 136 '/a 240 9 220 104 15% 33 71 71 70% 61 *220'/# 32 % 50 3 500 15,300 27 •70% 14% 230 230 31% 31 17,600 102 64% 13% 26% $3.75 800 300 12% 63% 230 100 38 101 12% 13% 28% 26% • 97% May 12% 101 101% 19% American Dec '100% 12% 26% American 11% lOl'A 12% 19% North 95% •100% 12% 26% North Feb 68% "28 RR Co.100 38 1011% 12% 19% 1 Apr 84 38 •100% 12% 26% 24 3 •JO 38% 1,800 104 64% 12% — 21% Feb % May 3 22% Apr 10 38 101% 12% 103 •64 1 In *103»/2 1.900 15% 15% •100% 12% for Shares 10% 10% 16 19% 16% May 29 39% Feb 23 •102 •37 38 •37 101 10% 104% 26% 13 5 12% 15% -1031/a 19% 16 26 38% 100% 10% 16 104% 263/8 27 86 % Apr •37 10% 16 *103% 19% Feb 5 10% 16% 104% 60 preferred 75% July 16% ♦103% 230 A preferred 10% Jan Jan 8 % 10% 16% 104 % 27 3.90% 18% Jan 15% 10% 15% •103% 19% 3.60% 28 11 15% Sales I per share 263/8 97 Apr 6 103% Mar 20 6 10% 11 104% May 4 1 3 3 36% Apr 12 53% Mar 6 I per share No par 19 26% Jan Jan Hart new 12 5 Thursday I ver shir* Elec & Gas Corp— 98 V* Jan 9 31 Wednesday May 3 15% 50 Shipbldg Corp partic stock Y State 25% Jan 15 11 Tuesday May 2 $ per share May 1 I per share ♦103% No par Co series 93% Jan 28% the Week No par com preferred 4 Friday May 5 Monday t per share No par & 3.40% 18 4,300 York Mar 29 13 10 No par 91 Jan 93/4 103 12 9% Jan 9% >134 Jan 46 % Apr 93/4 530 PRICES 14% 24 % Mar 28 10 9% SALE 136 % 29 Jan 10% AND HIGH 109% 9 Dec 10 14% 24 59% 10% 1041/4 38 30 10 136 Apr Sep 10% City Omnibus Corp Jan Jun 10% 111 86% Jj.n Mar 1.700 138 21% Jun 26 1,100 11% 14% 26 47% 37 5/a 11% 137 Rights 21% 37 5/8 11% 108% 4 Jan 38 *11% 14% 28 14 37% 12 108% Apr 42% Apr 13% May 373/4 12 137% Common Dec 373/4 12 107 5 27% 37% 113/4 137 12 16% May 6% Jun 37% 12 136 % 28% Apr Feb 37% 12 14 % 106% 20% Apr 100 37% 12 136 27 95 37% 12 106 Preferred N 86 75 100 17 V8 Mar 21 ?6 May 16% 74% —100 26% Apr ii 16 753/4 No par St Louis Co non-cum 1.800 12,900 16% 74% 100 Brake Central & 283/4 16 preferred series A Chic 6% 28% 16% Elec Air 28% 75% System 1 New Jersey Pr & Lt Co 4% pfd—10° Newmont Mining Corp 10 Newport Industries common i York 28 16 No par 100 com preferred 4%% 28 75% i 35 4 16,200 16% 100 common Jun B B 36% 76 Apr. 29 71 Jan 36 16% Saturday 6 14% Jan 36% 76 STOCK (J J) 1,000 36% 16% 1 England 8.000 24% 75% LOW preferred 3%% 7,400 % *24 16% 1 Corp Newberry Co New 20% % fa24'% 75 No par Inc *24 16% STOCKS Bros % IB 75% 10 Co 4%% % 16% Par 10 20% 2 800 75% 37% EXCHANGE 17% Feb 21% 20 60 8 10 Vulcanized Fibre Co NEW YORK 8 100 Pa com 15 Jan 20% 8 9 273/4 Apr Jan 21 20 36% 11% Feb 37% 20% 10 Co. 66% Mar 14 13% 153% No par Sugar Ref Dec Jun *152% *7% National Jan Jun 1533/4 8 4 14% 9% 153% 77/a 8 5 72% 24 % 413% 153% 12,100 184% 24% Apr 23% 40% *183% 24 12% Feb 28 67 41% 184 % *152% 153% 403/4 fa Feb 9% 65 20 % 43% *183% 24'% 104% Feb 103 20 3A 20'/a 43'A l'/a % t per share 40 7% 4 43% 184'/a 24% Highest 13 20 •152% 8 8 407/B 43 *183% 184% % \. Dec 19% 8 184% 24% Range Since Jan. 1 xll% 41 40% 100 Range for Previous Jan 41 A Natomas Jan 41 10 common *98 % 99 preferred Natl Mar com 7% National Tea 8% 3,300 15% 11% Jan 94 13,000 21% 12% Feb 28 93 % 6 200 8% 113/a 15 5 Nov 8% 8% 21% 433/4 % 3 8% 11% 8% 11 153% 4 39% 8% 11 21% 91/2 9% Apr Mar 8 3/a 10% 24'/4 3 9 8% 8% 103/4 15% IIV4 Jan 29 423/4 6,100 9% Apr Mar 30 42% 12,100 21% Nov 10 41% 8% 375/s 15% IS3/# 14% Jan 13 102% Mar 10 42% 9 8% 8 37 22 12% Dec 42% 9 8% 11 8'/4 373% • 153/8 Jun Dec No par 8% 11 120 8 37% 423/4 Jun 13% Mar 8% 37% 800 213/4 9% 14% 8% 37 % 8% 11% 1833/8 43% 15% 9'/2 104% 8% 11% X183'A 185% 5,500 11,000 22% 40% Mar 23 Jan 8 3/a 373/4 8% 8% 11% 36 5/a 15% 4 Jan 8% 9 8% 8% 35% 185% 373% 11% 36 213/4 13 Jun 8% 38 46 15% 153/4 Apr 9% 8% 37% 186 *45% 353/8 26 % 15 46 22% 36% Jan 12% 185% 17,500 143/4 *45% 46 153/4 71% Lowest 185% 185% 213/s 213/8 22,000 22'/« ijeo xlOl % 8% 9 35"% 185 37% 8% 3 6 3/a 21% 13% 310 1,800 9% 153/4 Jan S per share 185 36 21% 15% 9 22% 36% Highest 36 21% 8% 15% 86 $ per share 186 151/8 *45% 26 223/8 Jan Year 1949 *185 153/4 45% 43% *2 A'/z 5 Dec Lowest 353/4 15% 45 20% No par 21% $ per share 36% 21% 15% 45 % 11 15% Anr 36% 15% 24V4 17% Jan 82% Feb 19% May *443/8' % 38% Apr Dec 213/4 16 43% 24% 283/4 May Mar 22 21% 21 21 15% 43% No par 26 Dec 21% 20% l 20% *421/2 26% 8% 8% 19% 43 % 25% National Shares Corp.. National Steel Corp new_. 35% Mar 31 — 8% 8% Stores Prod National 14 8% Mar 25 21% May 8 3/a 8% 20 X43 Enameling & Stamping__12.5o Nat'l 0 10 8% 8 1 Dairy Products B 13 Jan 8% 1 7 35 8% 37% Co 18% Jan . 26 1 Gas 24% Jan 94% Jan — X80 Cylinder Dec • 15% National Deo Jun Feb 17 17% Jan 152% Jan 21 % IB 28 5 44 25% 10 8% Jan 27 20% 42% 25% No par Register 12% Jan 38% Jun x% 9 Corp 3 143/4 Mar 30 20% *2 '/a 25% 100 3 21 % May Feb Cash 20 3/4 42% 26 10 National City Lines Inc National Container Co Dec 5% Mar 19 % Jan Can National 20% 42 25% 4 common Feb 95% Jan 14 38 National 203/4 42 25% 5 preferred 10 4 5 8% Apr 29 7% 39% Mar 23 23 5"% 0 20% 42 % 25% 1 5 20% 42% 1 Mar 29 20% 100 Co IO71/2 1071/2 107'% 330 1038 10% 10 1/4 10% 10,000 3,700 440 17% 173/4 173/4 181/4 17% 17% 173/8 175/8 29% 29% 29% 30 29% 29% 29% 29% 1% I®/# 1% 1% 1% 1% 1% 13/4 13/4 13/4 6,300 14% 143/4 14% 143/4 145/8 14% 14% 14'/2 14% 145/8 2,100 29 ' . 29% •«'; • 1,110 O 27% Jan 33 99% Jan 110 May 31% Jan Dec 13 107% Mar 24 23% May 17% Jan 33% 19% Dec 19 MB Feb 20 Jun 3l°/8 .Nr. 26 91 21% Apr Nov 99 Jan 26% Feb 14 14 35% Feb 28 3 Ohio 9 Oklahoma Gas & Elec 4% 20 92 Jan 31 100 Dec 10% Jan 3 15 Dec 28 Jun 105 Nov 11% Jun 22% Jan 40 % Dec 108 16% 20% Jan Dec ' Jan 74 Deo x61 23% Apr 41 Jan 108% Feb 18% Apr 79 64% footnnt*- 20 82 64% July For 99% Feb 14% Mar 22 49% Jan Peb May 1 Apr 26 10 21 Apr 21 3 37% Feb 17 105% Mar 24 Dec Jan 27% Jan Jan 10% 96% Jan 8 Jan 23 11 4.40% Co _ _ _ 33% 19% 19% - , 333/8 *108 Va 33% 109 33% •108% 333/4 109 33% •108'/a 333/4 109 333/4 *108'/a 34% 109 33'/4 33% 33% 33% x32% 34'/4 33% 20 34% 20 20 20 *19% 20 20 20 34 34% 16.700 108'/2 108V2 40 331/2 34'A 48,300 223/4 23 23% 23 23% 235/8 24 4%% convertible preferred Omnibus Corp (The) common 8% convertible preferred A 23 '/a 233/8 *91'/a 23% 23% 100 93 S3 93 94 94 93% 94% *93'/4 941/2 150 13'/4 13% 13'/a 13% 13'/4 13% 13% 13 3A 13% 94'/2 133/4 *93'/a 5 100 13V2 135/8 3,800 *97'/a 98% 98 % 98 Va 98% 99 971/2 98% 98% 98% 99 99 Oliver Corp Oppenheim Otis 1 common Collins 10 $4 4 1081/2 33'/4 20 7 14 335A 108% No par preferred Oil pfd 3 67% Feb IS 33% 100 9 34% May Feb 95 common 112% Mar 79% July 18% Aug 6% Ohio Edison Co Elevator Outlet No par common preferred Outboard Marine 62.50 & Mfg Co Owens-rllllnois Glass Co ' 21% *21 38'/« *107 2.50 _ 17 No par *73 12.50 63 34 r 23 *21 38% 38 108 *107 17% 16% 753/4 65 23 38% 108 16% 74 r 74 651% 66% •21 38% *107 16% •72 66% ... 23 38 3/a 108 , 221/4 383/8 *107 221/4 38 3/4 108 *21 38Va *107'/'a 16% X163/4 16% *16'/4 76 *72 76 *73% 66% 22% 385/a 108 20 *19% *21 17 14,400 320 22% 38 y8 200 38% •1071/a 108 *16'A 77 500 *74 17 76 5,900 (1,200 10 * 66'/a 66% 66 5/8 66 3/4 66 Va 663/4 6.800 Volume 171 Number 4905 ... The Commercial and Financial Chronicle (1901) NEW Range for Previous t pershare 11% Mar Range Since Jan. 1 Lowest Highest $ per $ per share 14 Jan 10% Jan 11% Apr 7% Jan Sep Aug 71 Apr 52 40 Jan 29 18 Feb 21% 30% Jan 34 Sep 50 Jun 54 Jan 27% Jun 29 Nov 89 Feb 34% July 104 V* Dec 135 Jan 148 2% Jun 29 Vi, Jun 3% Jun Dec 4% Oct 4% 10% 13% Jan 3 11 34% Jan 20% Jan 25 23 Pacific Amer Coast Co 1st 12 Feb 34% Jan 52 33 10 101 Jan 111 144 Feb 148% Jan 3% Jan 7 Jan 36 28 Jan 3% Mar 28 Apr 21 8 Jan Apr 8% Jan 3 11 Feb 6* 22 Oct 21 Jan 9 38% Dec 18% Apr 34% Jan 17 Dec 13 49% Mar 20 95% Jun 104% Dec 104 Jan 6 5% Jun 8% Apr 15% Jun Deo Dec 20% 104% Jan 97% Mar Oct 22 % Dec 17% Feb 17% 37 Aug 1% 47% Jun 24% Jan 23% Mar x6 2% Nov Dec 15% Feb 25 39 Feb 6 28 Apr 27 1% Mar 21 38% Dec 34% Jan Dec 28% Apr 24 7% May 2 9% Jan 4 7% Jan 14% 5% Aug 15 1 29 Jun 9 Oct 5% Feb Jan 8 Jan 19% Jan 5% Apr 15% Apr 16 17 8 107 Mar Jan Feb 25 2% Jan Park 11% Jan 17% Feb 9% 27% Jan 37% Dec 34% Jan 12 38% Mar 17 Penlck 42% Jan 57 Dec 53 % Apr 25 61 7% 10% Feb 7% Apr 29 17% Feb 26% Dec 23% Apr 26 23% Jun 106 Jun 16% Jun 35 Dec 31 111 Mar 107 Mar 3 Feb 24 9% Feb 6 28 Feb 8 108 21% Jan 6 26 7 13% Nov 17% Jan 16% Jan 13 18% Mar 45% Nov 41% Feb 20 50 May 1 May 1 Jun 104 - Mar 113% Nov 29 Jan 96% Feb 137 Dec 7% May 13 Dec 12 110 Apr x8 Nov 37% 21 Mar 35 102 Jan Deo 108 Dec Feb 34% May 11 Feb 14 8% Jan 3 34 Jan Dec Nov 11% Jan 37 % Dec 36 25 104% May 13% Jan 17 5 127% Apr 20 Jun 9% 8 5 13 Jan 3 22% Apr 21 25 40% Jun 57% Dec 36% Jun 53% Jan 44% Mar 27 58 Oct 56 Jan Dec 105 Jan 5 Nov 24 Jan 3 24% Jan 7 *48% Mar 90% Mar 106 20% Jan 24% 23 Va Jun 26% May 110% 51% Jan 5 123 36% Feb 138% Feb 18 12 Mar 37% Feb 107 Peoria 4 47% Apr 22 24% Apr 22 75% May 26% Mar 17 33% 33% 33% 52% 52% 53 3,800 29% 29% 109% 109% 29% 109% 110 1,000 109% 110% 109% 109% 109% 109% 109 % 110 147 147 *146% 147% 146% 146% 146% 146% •146% 147 147% 147% 130 3% 3'A 3% 3% 3% 3% 3% 3% 3% 3% 40% 40% 9,000 39% 40% 40% 38% 39% 39 39% 5,800 4% <> 4 1 10 (Chas) 40 3% 4 4 117 Sep Apr 103% Apr 116% Mar 23 4.4% 11 104% Mar 2 3.8% 43% 44% 43% 45% 105% *104% 105% *104% 105% 7% 7% 7% 7% 6% 7 9% 9% 19 *18% 19% 106% Apr 18 110% Feb 24 4.3% 16% 16% 16% 167/8 16% 100% 100% 100% *100% 39% 21 39% 40% 40% share 20 43% 44% 43 44% 42% 44% 105% •104% 105% 104% 104% 20 6% 7% 7% 25,300 16% ' 7%'. '17 17 16% 100% •100% 100% 20% 20% 20% 20% 40 39% 39'A *39y4 2% 2% 2% 2% 2% 2% 38% 38% 38% 38"% 38% 39%' 38% 28% 28% 28% 28% 28% 29 29 7% 7% 7% 7% *7% 10% 10% ft : 10 % 10% 5 57% v 25 5% *15% 7% . 10 % . • 7% 10 % 5% 6% 16 *15% *36% 36% *36% 57% 56% 57% lo 23% ' . *31 -i No par 50 25% . *49 100 122 ft 15% *7% 7% 24% *31 32% *107% 25% 25% '8% • 24% >32% 108 *31 25% \ 107% 25% 25% 25% 16% 17% 17 1 *47% 123 122 35% 34% 34% 13% *12% 10% 10% *34% 13% 10% 10% *34% 13% 132 133 35 135 *34% 49% 123 35 134 35 133% 13% 10'/a 123 ♦34% 135 *13 35 10% 1,100 6,900 8% 8% 2,500 25% 8,100 25% 25 *31 , ; 134 1343/4 13% *12 13 3/8 10% 10% 101/8 343A 34% *34'A 105'A 105% •104% 105% 104% 1041/2 60 13% 13% 13% 133/8 133/a 13% 45'/8 133/a 45% 2,200 45% 453/4 45% 45% 45% 45% 23% 2,300 *223A 46% 23% 46 46 23% 23% 23'A 13% 35 35 46% 23% 1 74 y4 223/4 75 223/4 73% 75'A *22% 73% 74 73% 74 73% 47 47% 47% 74% 47% 73% 74% 47% 8,900 483/s 59 48 Va 49% 483/4 49% 48% 493/8 19,900 58% 59% 106% 106% Inc 25 preferred 50 58% 59 58'A 58% 107% 26 26% 26% 25% 25% 116 *25'A 26'A 100 *115% 100 *104 105% 100 ; YORK 58% 26'A No par com *106 No par common *108 110 106 106% 116 106 106 V* 25% 25% 116 105 104% 110 110 109% Saturday . Monday May I Apr. 29 Par g per share 26 26 59 *25% 108% 820 25% 26% 16,300 26% *25'A 115% 116 115'A 105% *104% 106 *104% 105 100 *109 109% 108 % lU8 % *108 109'A 120 HIGH Wednesday Thursday May 8 $ per share $ per share 12% 13 y8 12% 13'/a 12% 13 12% 13 12% 53 52 '/a 52% 49% 521/8 49% 51 '/a 100 94% 94% 46% 95% 49% 95% *95% 96% 96 96'A 96 96 53% 53% 53 53% 52% 53 '/a 52% 53'/4 51% .105'/a *15'A 16% *104 52% 105% *104% 105% *104% 105% 16% *104% 105% 103 Feb 9 Jan 14 Jan 3 17% Feb 6 87% Aug Jun 95% Dec 93% Jan 16 94% Jan 4 64 Apr 57% Jan 27 66% Mar Philip Morris & Co Ltd 12 Dec 8 61% ii ~7% Sep 26 Jun 100% Jan 11 Mar 32% Aug 105'A Apr Apr 26 9% Mar 31 30% Apr 20 Feb 14 105'A Mar Feb 17 102 13% Jan 3 11 Jan 14% Mar 79 Jun 88 Dec 86 24% Jun 32 Jan 24 % Apr 24 10% Jun 16% Jan 15'A Jan 13 142 Mar 17 preferred Phillips Jones Corp com 6% preferred Phillips Petroleum Apr 16% Mar $4 Pitts Consolidation Pittsburgh Forglngs Co Nov 148 Mar 1 155 Mar 21 Jan 163 Mar 22 167 Jan Jun 8% Jan 15% Jan 135 7 Mar 30 9% Jan 3 Apr 175 May 150 Feb 8 Nov 64% 88 Jan 71 Jan 3 55 Nov 713A Jan 14% Jun 25% Dec 135% Dec 147 Feb 20% May 3 135% Jan 13 Xl9% Jun 29 Apr 20% Apr 21 83A Feb 36% Feb 32 Mar 61 Jan 12% ^ov 10% May 50% 38% Feb Apr 44 3A Sep 38% Jan 4 10 Pittsburgh Young 26% Feb 21 Plough Inc Plymouth Oil Mar 15 6 85% Feb 4%% 17 ft Publtcker 80 38 Jan 47% 46% Jan 13 56 % Apr 10 Public 31 30 14 Public Serv 118% Jan 24 86% Jan 26 25'A Dec 24 Jun 29% Dec 28 Xl03% Nov 105% Dec Jan 25% 30% Feb 37 Apr 24% Jun 33% Oct 107 Jan 25% Jun 15% Jun 109 July 30% Dec Mar 10 May 104% Feb 30 Jan Apr 281 89% Apr 3 5 30y8 Feb 2 3 107 V2 Mar 3 3 39y4 Apr 9 t 22 14% «a 12% Jan 3 23% Apr 4.08% 79% Apr 7'/a 7% div *63% 22% *141 *21% *11'A 42 *40% 65% 22% 145 21% 12 'A 22 23 22 145 21% 21% »/4 211/4 10,300 16 Va 1,600 •151% 165 155 165 38% 73/8 *90 ♦152 "v 12 12 12 12 149 •135 ; 148 *136 21% 21% 77% *64 22% 144% 213/4 20% . •141 21%. *11 % 42% 43% 41'A 42% 41 42% 42 41% 41% 41% 41% *41 12 *11% 12 *11% 30 20% 2,200 144% 22'/8 \ 11% 41% 13'/a 12% 13 y4 13% 15% 153/4 15% 15% 8'/a 83/a 29% 63% 16 16% 16 ;16 163/a 5 *83% , 16% 8% 83A 3 144% 22% 3,900 11% 1,000 43 8,900 41% 41% 133/a 133/a '15% 15% 5,200 8% 38,000 41% ;; 600 ■' 2,200 8% 8% 8% *293A 30 29% 29% *29% 30 63% 64 63% 64 633A 64 4,500 153/4 - 16 y« 15% 153/4 15% 15% 6,300 *83% 1,200 84 84 84 84 84 *83% Colorado—20 84% 55 55 55 55% 55 % 55% 55% 56 55% Indiana—No par 55% 29 55 % 56% 29 23% 293/8 4,500 28% 29'% 28% 29% 28% 29'A 29 / 293/8 9,600 122% 122% of -Nopar _100 *122'A -100 *88% 89% *88% No par 24% 24% 243A 25 com—Nopar _100 28% 28% 28% 28% com__ preference preferred *106 123 *122 "83% 1223/4 122 893A 83% 122 • • 123 123 122% 8-9% 89% 88% 88 y2 25 24% 25 243A 25 12,500 28'A 28% 28% 28% 28'A 28% 28 28% 10,500 106 % *106 106% *88% 106% 3 6 3A ♦106 36% 36% 36% 36% 36% 36% 363/4 36% 323/a x32 32'A 32 323/a 31% 32% 31% 32% 32 110'A *109 110% 109 No par 30% 30% 30% 30% 30% 30% 20% 20% 21 21% 21% 21% 21 21 21% 213A 213A 22% 20% 22 21% 22 20% 78% 78'A 78 - 76 77 77 78% 77% 8% 8% 8% 8Va ♦109 480 88% 24% 31% 106% 122% 89 25 36% 36% 720 24% Nopar Inc 84% *88% / Quaker Stats Oil Refining Corp_TO Apr 14 450 10% 133/a 153/4 < 42 43 41% 63 com *141 22% 13 29% , 20% 15% 8% 3,100 . :v 203/4 12% 29% 12 144 % 651/4 15% 63 11,900 65% 12% 8'A 9,700 7% 65% 15% 29% 100 39 78% 123A 6,2 155 166 78% 15 3A 8>/a 20 78 12% 61% Inc 7% 11% 65% 29% - 38% 7% *135% ♦64 7% com 92 166 39 15% No par of 28% 15% 78% 61% Co 28 Va 78 29% Co 90 7% ♦141 3,500 16'/a 38% 20% 10 ; . 28% 12 41% 14 16'/a 78% 144% *lli/4 14 90 7% 22'A 300 110 28'A 43 12 *100 14% 1,600 104% 16% 65'A *141 *104 15% 32% 91% 155 121/a 31% 110 37% 149 17,700 137,900 *15% *31% 104 14 166 , 64% 28% •165 12 *135% *141 •100 •151% 38'A 7% "t 7% 149 313A 110 155 37% 16 % 95 64 15% 104 165 165 *15% Purity Bakeries Corp 19 9% Feb 11% 7% 26% 8,500 Nopar 100 Pullman 18 73y4Jan 13 7% Apr 17 *151iA 38'A *90 *16 i. 51'A 105'A Pure OH (The) common 6% conv preferred 59 18% Jan 155 166 38 91'A 110 50% 11041/2 ' 105 14 ya 14,500 71,400 / 96% ♦90 10 Co preferred cum $1.40 10 30% Jan *151JA *165 14 48% 16% No par Power Pub Serv El ft Gas 32% May 5 109% Jan 10 34% Jan 16% 38 1 1 - 4.64% preferred 3%% preferred 8 3 33% Jan 26% Feb 27 107% Jan 123 26% Feb 26'A 16 1 Service 26% Jan 20% 26'/a 16 155 5 5 Industries 60% Mar $4.75 100 - Gamble Dec Apr 26'A 15% *90 14% preferred series A—50 conv Procter 79% Dec pfd Co Pressed Steel Car Co Inc 3 31% Jan 30 67% Apr 12 4 25% 16 " Pittston Co (The) ft Ash Potomac Electric Jan 25% 91'A 65 10 17% Jan 91% 13% *$0 65 % 8 14% Mar 13 t , 461/4 Shares 12% •95 64% 15 32 *100 *64 9 Mar 22 110 78y4 8% May 56 *100 14'A 77% 14% Feb 28% Mar 22 14'A 12 16% Mar Oct 110 *100 166 7'/a 32 *104 *151'A No par 32'A 105 77 4 Jan *31% *104 *136 7% Mar 23 Jan 14'/a 32 *165 37% No par 64 '/a ■ 105 77 12% Mar 28 Oct Nov 8% 24% 110 31% *104 12 Feb 48 ♦90 31% 105 149 15 133/a 15% Feb 144 14'/a ;__lo B Pond Creek Pocahontas Poor ft Co class B Jun 22 27'A Jan 2 10 Jun Jun 65'A May 14% 12% 95 •90 hi 141/4 77 class 15% r29/64 14% *135 preferred 64% 14% *15% 95 29/64 *15% 100 *15% *90 X63% le 100 7% 12 Apr 14% preferred 161/2 95 65 Vb 64% 14% 1 6% 12% Apr 16 gtd *15% *90 65 preferred class A 100 B%% 1st ser conv prior pfd—100 Pittsburgh ft West Virginia 100 8 18 44% Apr 4% 32 19 Feb 80% Apr 5 8% Mar 7% »A ft 1 Pittsburgh Plate Glass Co__ Pittsburgh Screw ft BoltPittsburgh Steel Co com_ 9 14 12% 21 12% Apr 150 Co pitta Ft Wayne ft Chic Ry com—100 23 39'A Mar 16 8% Jan Coal 64 16% 95 *90 14'A ♦100 12 *15'A 14'A 100 RR— 20 155 Jun Louis 95 64% 27/64 *31 16% Jan 170 63% *104 29% Jan Jun 7% et ft ♦90 __25 23 91% Feb Jun 6% C *104 No par common Pitta Coke & Chem Co com—No par $5 convertible preferred—No par 28 3A 13 5 preferred Pitts C 3 156% 35% Jan — Pillsbury Mills Inc 21 Jan Dec 100 Phoenix Hosiery 2 ■'» 37% No par No par Rights 24 5 —100 - 34 % Mar 23 97 Dec Jun 16% Apr common 4% 33/64 Apr 20 103 94 100% 106 the Week t per share 13 51% Sales for May 5 1 Dec 140 Friday May 4 $ per share 3 14 115% SALE PRICES May 2 Phils ft Reading Coal ft Iron 105 700 116 •104y2 Philco Corp common Jan 26 *115% 18 Feb 740 *107% 21 10% 59 108% 26% 26 14% Feb preferred series A 700 104% IO93/4 Tuesday $ per share cq 59 26% 23 116 LOW AND STOCK 25% 2534 *115% *104 *106 26'/8 54 % Apr 93% 900 *23% $ per share 3%% 35 % No par EXCHANGE 96% May 3 57% Mar 17 80,000 34'A 105 y2 13% 105% 3 4 10 34 *104 18 13 200 3,300 134% 11% Apr 50% Jan 240 10 y8 32% Jan 84% Jan 1,300 343/8 133 % Jan Feb 47% 121 •12% Jan Dec 46,600 133% 19% 883A 8,200 17 34 3/8 40% 55 % 50 ,25% 47'A 35 Jun Jan 25% *118 Jun Nov 109 16% 47% 11% 37% 31% *107'A - 22% 79% 2,000 36 % 57% 120 •343/a -'17 % 13% •13 103/s 47%. 3,900 57% , 25% 120 6% *104 105% 133/a 13% *120 8% i7 1,700 4,500 16% 25% 47% 122% 1,300 7% 10% .*35% < 32% '16% • % 6% 107% 17% 48 6,400 21,500 29 7% 17 107% 25% 17% 2% 40% *10 , 35% •31; 600 2% 58 <24% 32% *106% 50 131% *104 • . 35% 57% ; 40 69,300 39% *28% , 6% 8% 16% 122 *34% . 9 49'A *12% 5 8% 24% 17 100 100 16% 36% 57% 9,100 20% 39% > ' 6% 16 36% 107% 25% 16 57% *31 109 —100 No par 16 6% 36% 24% 109 6% 57%; 7% 23% ' ' > 6% 36% 57% 7% 10 49% 16% 10 16 23% , 32% *107% 10 6% 36% 57% 7% __7 : 10 2% 600 7,200 17 *39 7% 10%" V 7% 2% 55,200 100% ♦100'A 20 Ya 39% 28% 2% 9% 7 17 100% 28% STOCKS $ per 19% 38% *7% 138,200 9% 19% 2% i 4 10% *19 40 21 39% . 21 9% 1,100 19% 20% 21 10'A 22,000 *104% 100% 20Va 9% *19 17% *100% No par preferred $ per share 7 4 4%V 43% 10 38'A preferred Sep NEW 4 *104% 9% 19 *28% preferred Dec 110% Range Since Jan. 1 Highest 4% i 10% 2.50 . preference Lowest 39 19% 43% No par Co 104% Highest 4 - 5 Apr Year 1949 ■ 4% 33% 10% Mines.—1 preferred Electric 33% *18% 1 Ry Co ft Range for Previous 3% 40 - 1 common Jan tper share 3% No par Corp of America Apr Lowest 33% 150 33% 33y3c 98 6 1,200 29% __100 105 114 22 52% Light Co preferred conv 21% 53% Corp Co $1 21% 29% No par Phelps-Dodge Corp Philadelphia Co 6% $6 21% 33% Co Phila 22 29% No par Pflser 11 60% Apr 10 108% May 4 26% May 3 600 21% No par Pfeiffer Brewing New 1 50% Jan Co 4%% Petroleum 32 52% common ft Eastern Pet Milk 6 13 33% 32 53 Pepsi-Cola Co 6 Jan 14% Apr 21% *21% 32 29% Peoples Drug Stores Inc Peoples Gas Light ft Coke 21 14'A Apr 22% 32 52% Pennsylvania RR Pennsylvania 8alt Mfg Co com 3%% conv aeries A pfd_ 6 21% 1,160 32% 100 preferred Penn Power ft 6 32 22% 1,000 9% 52 29% At Ford 8% 32 33% Penn Glass Sand Corp com—No par Apr 22 33 11% 9 52 29% Penn-Dlxle Cement Co Mar 23 - 32 11% 9% 53 53% Co Penn Coal ft Coke 10 34% Jan Jan Dec 22% > 32 9% 53 33% Penney (J C) Co Jun - *31 % '• ■ 53 prior preferred oonv 52 31% 12 •11% 9% 52 29% 1 Utah Consolidated Peabody Coal Co 17 12 53 33% Patlno Mines Ac Enterprises 6 9% 52% Shares 29% Parmelee Transportation 11 7% Mar 11% • 9% 54 Sales for the Week S per share 53% Corp Parke Davis & Co Parker Rust Proof 15 ll7/a 9% *51 Friday May 5 > May 4 I per share 100 Paramount Pictures Park Ac Tilford Inc 9% Jan 20 *11% Thursday t per share 53% preferred 5 30% Feb V 9% , ' May» $ per share 11% PRICES Wednesday . 29'/a ft Teleg com 7 40% May SALE *21% Parafflne Cos Inc common No par 4% convertible preferred—„100 21% Apr 8 46% Jan 11 9 1 HIGH i—No par Panhandle Prod ft Refining 6 104 *31 Inc 1 Petrol & Transp—5 Panhandle East Pipe L com__Nopar 411 preferred 100 7% Feb 27 21 No par Pan-American 9 11% 9% AND Tuesday May 2 t per share 11% 9% 54 non-cum Packard Motor Car Pan Amer World Airways 28 Jun 11% \ *51 Pacific Tin Consolidated Corp Pacific Western Oil Corp 11 36 ft 10 No par Mills Pacific Telep 43% Mar 27 47/b Jan preferred Pacific ft 2% Jan Inc common non-cum Finance Corp of Calif 10 Pacific Gas & Electric 25 Pacific Lighting Corp No par 11 Jan May! t per share Pacific 55% Mar 10 Feb preferred 2nd 4 31% Mar 21 28% Apr Monday Apr. 29 Fisheries Pacific 17 LOW Saturday Par 3 9% May 57% Jan 12 101 RECORD * STOCK EXCHANGE tper share Apr Jan 44 1 3 10 Jan NEW YORK Highest share Nov 7% 51 STOCK STOCKS Year 1949 / Lowest YORK ' *106 106 % 109 *106 106% *108% 109 *30% 30% ♦106 *1083A 303/a •21 109 108 3A 80 36% •• 32 3/4 18,100 39,700 rH 0 CO 300 30% 30% 30% 1,700 21% 21% 21% 1,100 21% 20% 21% 78% 78% 733A 8% 8% 8% R 9% Jun 66% Jun 74% Jan x7 Jun Apr 92% Jan 9% 101% Feb 3 103% Jan 10 23% Jun 29% Dec 27% Jan 3 29% Jan 27 21% Jun 30% Feb x24% Jan 25 13 26 y4 Dec 100 34% Peb 30 y8 Jan 17% Jun 23% Jan 34 y4 Nov 43 Jan 20% Apr 26 36 Jan 2ft 28% Jun 36 Jan Jun For footnotes see page 31 24. Jan 13 30'A May 33 4 Mar 15 Radio Corp of America com—No par S3J50 1st preferred Nopar Radio-Keith-Orpheum / Corp Ralston Purina Co 3%* pfd Raybestos-Manhattan $2 102 102 preferred 22% Apr 10 39% Feb O 4% non-cum 1st 34 y2 Mar 22 419 non-cum 2nd common 29'A 29 '/a 1 23% 28 3A 25 Rayonler Inc common Reading Co 1 100 Nopar *32% *77 8% *101% 8% 102 8% *101 % 8% 102 8% *101% 102 •ioiy2 102 • O r-s £ 2,700 20,700 102 20 29 29% 29% 29'/a 29 29 29% 29% 29% 293A 28% 29 29 29% 29% 30 29% 30% 30 30'A 32 % 323A 32% 32% 21% 32% 323A 323A 32% 323/4 *21 32% 21% •32% 50 preferred—_50 21% 21% 21% 21% 21% *21% 21% *36% 37 ♦36% 37 *36% 37 37 37 •36% 37 •36% 37 preferred •32% 34 *32% 33% ♦323A 33 33% 33% •33 333A ♦33 33% 50 300,300 ». 2iya 21% ' 1,300 r 17,800 *' 1,000 1,600 100 100 21 k im 22 WVWWy6Aitt'*C«tU ,f*mei«58UU4-ii'*4.4~.* The Commercial and Financial Chronicle (1902) Range for Previous t per share $ per share 13% Apr 23% Jan 10% Mar 11 26 13 15% Nov 16V4 Apr 18 11% 16% Oct 12% Mar 30 16 6% 8% Jan 7 Jan Real Silk 3 Reed Roller Bit 7 Reeves 22 Apr Jan Jan 22 Feb 9% Jan 6 Dec 27 9 STOCK Apr. 29 11 5 com Co._ 16% 16% 16% 13% 13% 13% div prior 10 7% No par *26% preference Reliable Stores Corp Nov 58 Jan 3 5 60 y2 Feb 9 Dec 11% Jan 13 14% Feb 20 Jun 90 Nov 85 Jan 20 92 Feb 14 Reliance Mig Co common 5 Conv pfd 3%% series.—.100 Remington-Rand common 50c $4.50 preferred 25c 73 12% Jan 10% Jan 13 16 y4 Apr 25 Reo 8% Jan 5% Jan 25 .10% May 4% Dec 4ye Feb 11 5% Jan 30 1 6% May 4% Jun 8% Jan 2% Jan 5% Jan 10 Dec 9% Jan 13 11% Feb Jun 27% Jan 23% Jan 13 31% May 17 91% 110 Jun 10% Aug 100 6% 4 ye Aug 18% 98 23 Jun 14% Jan 3 99% Jan 18 Dec 5% Feb 20% Jan 14 Jun 10 39% 42% Mar 40 24 % May Rex a 11 103 % May 4 12% Apr 6 Reynolds Spring 39% Jan 7 Reynolds Jan 10 3 108% Nov 50 5 Apr Jun 21 y4 Dec 19 Jan 13 22 y4 May 24% Jan 42% Dec 37% Feb 14 44% Apr 6 15% Jun 21 Jan 16 Feb 16 19% Feb 27 x3% Jun 4% Jan 3 21 7% Jun 36 24% Jan 19% Mar 24 Dec May Apr • Rheem Dec 20 May Dec 30 y4 Jan 13 47 % May 13 82 May 3 Mar 17 105 105 12 102 Dec 13 Jan 4.50% 2 Mills 4%% 100 Haas 96% 43% 19 5% 22% 14% - 2% 8% 9% 67,100 4% 4 % 4% 5.600 10% 10 Va 10% 10% 10% 10 Va 10 Va 31% 31 31% 30% 31% 30% 41 *109 109% IO9 19 % 20'/a *105 105 103 6% 6% 22% 102% 102% 102% 11% 11% 11% 37% 38% 103 43 Va 18% 5% 5% 22% 23% 22% 23% 19% 20 19% <*106 18% 108 18% "106 108 *106 23 19 V8 *48% 108 20% 60% 11% 18% 19% 19% 19% 60 60 12% Mar 10 V2 Jan 3 12% Apr 1 Ruppert 11% 10% 33% Dec 29% Jan 13 37 Mar 4 113% Feb 112y2 Jan 7 114 Mar 48 y2 Jan 34 Safeway Stores 5% preferred St Joseph Lead 12% Jan 10% Feb 43 y4 Jan (Jacob) .5 *11 18% *48 18% 50% 80% *1C6 19% 19 19% 107% 22 ""44% 42% 18% 18% 5% 19% 200 43% 18% 200 22 5% 22 6 5% 19% 108 59% 107 % 19 5% *106 s—1 97% 107 % 44 19% 5% —100 No par *47 *96% 18 % 44% 19% 260 2,800 15,600 49 49 97 42% 42% 50% 104 97 107 % 82 — 38 22 81 Ronson Art Metal Works Inc——1 11% 37 % 22% 80 Royal Typewriter ! Ruberoid Co (The)—. 11'/a 38 22% 79 1 *102% 11% *47 49 97 *48 60% May 103 % 107% 47% 23 7,200 107% 76% 54% Mar 13 47,800 *47 47% 16% Jan 3 19% Apr 29 6% 23% *96% 76% Dec 6% 23 % 97 19% Nov 6% 49 75 100 19,600— 23% 23 107 * 20% 107% 37% 11% 38 Jr 22 % 19% *105 Va 11% 24% 22 200 20% 107% 6 % 6% 23% 107 109% *108% 109 1,300 84.000 103% 6% 23% 19% 109 20% 20 20% 103 48% 19% 7,660 8% 19 61% 23,000 14% 4% 75 21% 14% 4% *47 Apr ' 10% 20 A 15% 91 97a 30% 43% 19% 5% 23% 19 13 *90 4% 25 .: 62 12% 13 91 4% *47 43% 18% 5% 61% *89 10% *96% 42% 1,100 3% 10% 107 22% Jun 8% Sep 15% 10 9% 96% *106% 21% 22 15% 15% 200 9% *60% 12% 13 91 *89 91 27 *9% 61% 37% 107 21% 21% 12% *7% *26% £'% 4% 38 *<106% 21% 5% 9% *60% 12% com—1 Controls Co common.—: series 49 97% *18 9% 61% 300 8% 26% *60% 10 9% 49 *47 *47 20 preferred-. conv 37% Jun 1 1,400 8% 27 12 % 6% 6% 23% 23% 102% 103 11% 11% 11% *96% 1 Inc„ preferred 4% 28 13%/ . 26% 3% *26 % *60% 103 37% • 8V1 8% 27 109 10 y4 Feb 2,300 103 16 19% Feb 13 % 31% 109% 20% 39% Nov 13 Va 31 *109 20% 6% 11% 37% series—100 Robertshaw-Fulton Rohm & Mar 31 13% *102 20% 103 *102% —10 Co—; 10% 23% 102% —10 ; Manufacturing Robbins 1 Dec 60% Jan 68 % 13 % *26% 10% 4% 10% 6% Oil Corp—— No par Company ___—No par Antelope Copper Mine?.—— Roan 17 800 13% 15 10% 4% 10% 23 Richfield Ritter 4 12% Jun 96% 6 31 Jun 21 Jan 16% 16% *89 10% 4% *102 _1 ; series 3.60% Preferred l Co Tob class B J) - Preferred 1 Jan (R Common 99% Mar 31 108 *16% , 15% -2.50 3 13% Mar Drug Inc 25 8 12% *16% 13% 12% 91% 15% 19% 100 — 26 102% 15 preferred Jan 94% Jan xl05% Mar 12% 16 Va 12% *88% 30% 31 *108% 109% No par com Jan 47% Jan Aug 5% Corp prior pfd series A—100 conv 5%% 3 12% *7% 15% 10 Revere Copper & Brass com—No par 22 13 Steel 9 Sep 98 Apr 6% 3' 12% *16% *60 91 4% 10 37 % Apr Oct 85% 7 Republic 3 Shares 12% 13% V; 8 10 Reynolds Metals Co com—_No par 5%% convertible preferred 100 Dec Jan May Sales for the Week 16% 26% 9% 61% 15% 1 $1 convertible preferred——. 8 26% 9% 9% *88 Republic Aviation Corp —_ 1 Pictures Common—50c 19 20% May 105 Inc.—— 100 Feb 4% 34% Jan 110% Apr 13 Jan Jan Jan 103% Sep 103 Jan Dec 16% Jun 91 ' S per share *12% 12% 12% Republic 1 Friday May 5 $ per share ' *16% 12% 61% *60 _ Motors 7% 27 9% . 1 t per share (Robt) Sc Co— 12% Jan Monday, May 8, 1950 . 12% < ... 13% 60 9% 12% 10% Apr Jun *12% 12% 50c Aug 8y» *12% . Thursday May 4 Mayt Sper share $ per share Wednesday May 2 No par Bros Inc $1.25 26% Apr 24 11 Feb 7 Hosiery Mills t per share . PRICES Tuesday Monday May 1 Saturday Par Reis 4% Jun 18% Jan YORK EXCHANGE S per share 10% Jan Jan NEW Range Since Jan. 1 Lowest Highest Highest t per share LOW AND HIGH SALE STOCKS Year 1949 Lowest 50 ~ 23 23% 31,900 500 5.300 23 19% 19% 4,600 8,400 19% 25,100 % *48 50% 100 81 % 81 31% 3,800 50 *106 108 19 19% 20 20% 20% 20% 20% 20 % 59% 60 % 60 60 % 59% 60 10% 11 10% 10% 10% 108 10,066 19% 20 V8 20 Va 3,000 % 60% 3,200 10 % 10% 2,700 33% 17,700 *59 10% S 16% Jan 109% ' Apr 35 ye May 7% Jun Mar 24 41% Jan 13% May 14 7 10 Jun 43% 87 Jun 131% Dec 128 Jail 26 48 % Jan 10 165% Feb 21 78 Jun 100% NOV 93 Jan 24 105 Jun 9% Jan 7% Feb 28 6% 77 87 Dec 3 85 9% Jun 13% Dec Apr 12% Jan 22% Jun 31% Dec 46% Jan 70 Dec 90 Jun 98 Nov xl03% July 108 Oct 9 Va 93 29% Mar 10 July May Jun 94% Jun 4 14 Jan 83 vtc 99 .100 46% 45% *142 150 146% 146% 108 *105 103 *105% 9 8% 8% 10o 92 92 92% 92 % 92 % *90% 92 % 17% 17% 17% 18 17% 18% 18% 18% 18 Va 18% 18 Va 13 Va 16,600 1.75 31 % 32 31% 32% 31% 31% 31% 31% 31 Va 31% 30% 31% 27,200 94 % 4,900 93 % *92 % 93% *92% 93% 92% 100 107 % 108% *107% 108% *107% 108% 108% 5 *14% 15 15 Va 14% 14% *91 91% 14% *90% 91% *90% 109 No par Scovill Mfg Co 3.65% 4.30% preferred pfd 16 Mar 27 Scranton 92 Mar 3 Jun 44 y4 Dec 41% Feb 15 45 9% Jun 16% Dec 15 4% Jun 6% Jan 5% Jan 3 Jun 11% Dec 10% Jan 3 14 May 1 Jun 101% Feb 90% Mar 13 95 May 4 Jan Oil (The) Finance Seaboard com Co 19 26% *65% & Co Range Since Jan. 1 Highest $ per share $ per share common 25% Feb 37% Jan 13 14 * 8 Shamrock Oil 3 Sharon 4 108% Apr 6 iy4 Jun 10% Oct 9% Jan 3 11% Apr 15% Dec 15% Jan 7 30 Jun 40% Dec 34% Jan 25 13 7 Oct 6% Jan 4% Jan 2% Mar 31 11- Shattuck 21% Feb 8 Sheaffer 41 11 May 5 Shell Oil 8% May 3% May 2 4 Silver 22 May 27% Nov 26% Jan 13 31 Mar 30 28 Oct 36% Jan 29% Mar 21 36 May 18% Jun 24% Sep 97 Jun 127% Jan 16% Jun 22% Dec 20% Jan 3 19 33% Dec 29% Jan 13 21% Feb 100 Jan ! & 3 25% May 117% Apr Skelly Oil Smith Jan 12 84% Feb 7 88 100% Mar 96% Apr 19 102 14% Jan 4 20% Apr 15' 17% 17% Jan Oct 16 Feb 14 97% July 3% Jan 107% Dec 106 Jan 20 4% Oct 3 7% Jan 10% Dec 3% Jan 9% Jan 13 25 Mar 23 29 17% Apr 13 117 Apr 4% Jan 11 Jan Oct 51% Jan 11 53% Apr 68 Jan 16 4 11 Oct 14% Apr 11% Jan 26% Feb 40 Nov 36% Jan 36 y2 Jan 45 Aug 40 Jan 4 29% Jan 35% Nov 34 Jan 13 3 12 Nov 11% Jan 3 36% NOV 34% Jan 13 51 Dee 49% Jan 3 41 Jan 32% Feb 11 61 Jan 54 Jan 3 Jan 14 14 40% May 18 Apr 54% Feb Jun 13% Jan 6% Jan 4% Jan 5% Oct 5 Apr 7 May 60 Jan 71 Oct 22 Apr 17 25 Feb 10% Mar Apr Dec 37% Dec Feb 17 y4 Apr 82 Jun 107 18% 98 y4 109 , 55 22% NOV Jan Dec 6% 13% *92% ' • 12,100 13% 1,600 31,500 6% 6% 6% 7 13% 14 94 25% Jan 3 8% Mar 30 68 Jan 23 16 Feb 16 34 Jan 13 106% Jan 25 20% Jan 3 89% Jan 31 47% Jan *91% 3 11% May Feb 18% Feb 40 Mar 108% Apr 24 77% 160 174 ,45% Nor. 74% Nov see. page J 25 $4 18 67% Mar 24 45% 4,100 44 44% 44 108% *107 108 % *107 108% *107 108 "107 9% 9% 9% 9% 9% 9% 9% 9% 9% 9% 19% 19% 19% 20 V8 20 Va 20% 20% *19% 20 % 19% 39% 39% 39% 39% 40 39% 40% 40% 40% 39% 41 ..1 7% 7% 8% 8% 8% 3% 8% 8% 5 2% . ? .. 30 % '•'• *34% 8 3 3 8 3% 8% 3% 3% 30% 31 31 30% 30% 35 35 35 *35% No par 24% 25% .15 24% 24 '<113% 114 114% 25 113% 114 57% *56% 58 .20 *22% 22% *22% 23 *30% 31 31 23% 23% * 23% * 23 31 *85% 86% *85% *97% 99% *97% 19 % 17% ' 19% *56 *85% *97% 18% ~ 9% 10 9% —50 *52% 54 ...50 69% 70 12% 12% 40 1. 70 12% 113% 12% *69% *56 114 56 % *55% 22% 22% 22 % *22 Va 32%' 32 32% '32 ■ 32 % 22% 22% 23 22% 85% *84% 86 22% *84% 98% 99 99 *97% 99% 1,050 18 % 13% 18% 18% 17% 18% 19% 4,200 17% 61,000 «■ xl7% ■■i 111% 70 Vb t 17% 17% 113 113 4% 3% 10 10% 53 *52% 70% r72 ' 10% 53 *52% 53 *71- 12 Standard Oil of 13; Standard Oil of 74 200 - ■ 1,000 12% 12% 12% 12% 12% 12% 3,200 40% 40% 40 V. 40% 39% 40% 40% 401% 2,300 *40% 43% *40% 43% *40% 42% *40% 35% 35% 35% 35% 35% 35 Va 35% 35% 35% 35% 35% 7,300 13 12% 13 Xl2% 12% 12% 12% 41,700 38% 38% 38% 38% 39% 39 39% 3,600 12% 38 12% 52% ; . 52% 13 35% 12% 37% 13 37% 38% 38% 52% 53% 53 Va 54 53% 54% 53% 37% 37% 38% 37% 38% 37% 38% 37% 38% 58 58% 57% 58% 58% 58% 58% 58% 59% 12% 60 60 *59% 60% *59% 60% *12% 12% 12% 12% *12 12% *12 12% 400 9% 8 % 9Va 8% 8% 8% 8 8% 30,200 59% 59% 12% 12% 12% I 9 *6% X'71 22% 29% 9 9% *6% 6% *68 71 29% .2 10% 1 com—No par 17% 17% 38 38 108% 108% 23% 23% 17% *37% *108% 23% 71% 18% 38 % 109 23% 6% 71 22% 29 - 6% *68 : 22% 29% 11% *71 • *6 Va *68 22% 11% 71% No par 6% 71 29% 11% *70% r 22% 22% .No par 5 common^ No par 29% 10% 22% 28% 11% 71 71 17% 38 11 *70% 18% 18 % 38 8% 6% 5% 71 *63 54'% 6% 29 29% 11% 10% 11 71% 71% 18% 17% 36% 23% 23% 23% 24 108 % 23% 60% 5% 18 37% 29 17% 94 % 94% 72% 93% 94% 93% 93% 93% *93 , | 32,300 ' 70 17% 37% 108 % 280 24 23% 23% 14,300 93% 93 % 93% 300 74% 20,900 72% 73 % 151% 151% 151% 152 *152 153 152 152 165 165 164% 166 *165 167 165 165 04% 043% 64% 65% 65 % 65% .25 46% 46% 46% 47 46% Jersey..—25 70% 71 71% 72% 71% ' / 72% 74% 65% 66% 46% 46% 47 Va 72% % 71% 72% 74 Va 66 2,700 107% 73% 164 I 4,100 108 165 164-• 10 2,500 13,700 151% 151 163% 500 - 11 72% 151 80 82 *150% 72 No par Indiana 92% 3,300 29% 10% *71 *37 21,400 33,300 / 5% 23 29% 108 60% *22% 71 % 37% 58% 71 23 *107 % 54 38% 58% *68 22% 108% 53% 37% . 71 22% 108% No par No par California—No par 42 58 1 1 12% 58 *58% 1 12% 37% 100 No par New 27,200 43% $7 prior preferred 48% Apr 1,300 6,400 10% 40% No par $6 prior preferred 72% Apr 40 4 10% r 72 5,500 113 4 4 9,300 86 ••17% 113 113% 1,300 - 40% 100 & Bros Inc... Co 14 57 22% *40% ..No par preferred 25 1,600 43% 5 common Standard Oil of 300 112% 112% 83,600 40 % common__No par Standard G & E Co $4 pref . 3,300 25% 85% .:/ * 70% 57% 25 *40% ; 7.50 Co preferred Inc 10 70 114% 4 4% / 4% V 9% 10 >, vV 10 52 % 52% *52% *52%.: 54 , 25% 25 Edison.. (The)— Brands 17% * 112% 4 24% 25 com.No par — & Sons, *112 * 25% 35 98% 86%" ; 99% 18% 17% pfd—100 3% 29% ♦341/4 22% 23% 99 % 3% 29% 35% 22% 22% 86% 3% 30 % 35% 31% 22% 31%: C: 18% 18 3% 29% *56 57% V 22% 31' / : 20,500 3% 30% 25% 113% 114 600 30,500 36 3 * 1,200 14,400 8% 36 • i 25% 9% 30 36% * 112». Railway 7,200 19% 39% 17% California Shares 108 *9% *19V8 1 *111% 42% Feb 24. 45 43% 108% 4% 66 Jan 45% 43 *107 17% $3.50 preferred , Mar 27 Mar 22 23,700 45 % 42% % " Mar 22 * 30% 42% No par preferred Standard 28 30 28% 31% 44% Greyhound Lines....5 $4.50 D 27% 28 30% 111% Squibb. (E R) 5 Mar 25 95% Apr 13 Square 3. the Week 28% 28% 30% Sperry Corp (The) Spiegel Inc common 24 Sales for May 5 31% 27% 29 4% non-cum Conv Friday May 4 30% 28% 29% Spencer Kellogg & Sons 1 Thursday 27% 27% 1 $5.50 preferred 24 80 $ per share 29 17% Spear & Co 72 1,600 27,800 $ per share 27% Mobile & Ohio stock tr ctfs 3 6% 13% 96% 13% *95 $ per share 111% 18 26 Jan $ per share 4,700 PRICES Wednesday May b 29% ... 6% 13% 95 27% *107 6% 12% 95 4= 29 29% May 6% 13% 94 May 2 $ per share 6% 13% 94 29% * *56 Porto Rico Sugar 5% 6% 13% 94 Tuesday lo Feb Jan A Monday May I t per share 1 Corp Apr Jan 61 O) Spalding (AG) 152 Sep 6% 13% *91% 13% 94 Apr. 29 No par Sparlcs-Withington Co 140 ">74 & * 2,900 72% 13 Va 19 , 15 Dec For footnotes 20% 70% 13% No par ; 14 Dec Jun 20% 71 13% 3,800 44% No par Co issued" 13% Feb 143 70 20% 69% 14 18% No par 10% Feb 159% 36% Jun v Dec 52% 20% 69% 13% 44 i — 9 Jan * 20% 69 14 44% Co Feb 65 Jan Jun 60 y4 Dec '92 20 69% 13% No par & Steel preferred Southern 24 29% Mar Apr 20 Va 69 LOW AND HIGH SALE Southern Natural Gas Southern Pacific Co 2 59% May 11 % Jan 23% 100 20 14% 19 Saturday G)_ Pen Co Southern Co 21 3% May 3% July £ •' 8% 58% Mar 27 10% 4 South 11 38% May (A 'Southern 13% Mar 16 40 Feb 18% 20 70 *14 ...15 Southeastern 1 Feb 66% 71% 19% 70 43% preferred 5%% conv preferred 4 45 36% Apr Nov Jun 23,900 18% 5% 12 56 Jan 38% 69 44% South Amer Gold & platinum.. 1 South Carolina E & G Co com—4.50 75% Mar 27 Jun 27% 63% 19% . Solvay American Corp 4% 28 Dec 6% 28% 68 Va 19 4.20% preferred .100 Smith & Corona Typewr.iters.No par Socony Vacuum Oil Co Inc.—.15 14 12 52% 13% 27% 68 44 (A) & Sons Carpet Co com..20 3V2% preferred _100 8 Feb 19% Apr 71% 64 28% 68 % 19 % Smith Feb 26 27% 67% 44 Va Sloss-Sheffield Steel & Iron 5 Jan Feb 27% 67 7 a 19 STOCK Sinclair Oil Corp 2 13 Mar"i 24 88% Jun 27% 67 % 43% Gas. A) Simonds Saw 33% Jan 31% 22% 80 27 % 67% 19 Corp of America King Coalition Mines: "When 73 91 Va 26% 67% 26% 66% ' 15 2,200 91% 91% 130 15% 44% l 90 60 200 108% 19 __1 preferred . 15 43% Corp Simmons 3 97% 107 *106% 18% Par (Frank (W 94 97% 97% 43% Sheraton Jan 93 107 18% No par Corp Sharp & Dohme common cum 107 43%. 5 Steel $4.25 91 *96% 14% ' • 31% May 45% May 91 91% *91 15 92% 97%. 20 EXCHANGE 29% Apr. 16 14% 92% 107 71 ' 53% Dec 14% 91% 19% . NEW YORK $ per share 24% Feb 14 105% Feb 21 108% 14% * 96 14 Va —No par $4.50 preferred Lowest Highest " -107% STOCKS Year 1949 Jun 92 70% " Jun 99 1 Refrigerator Co Seiberling Rubber Co Range for Previous 96 5 Seeger Servel Inc 95 91 No par of Del Co Roebuck Sears 28 6% Apr Co Seagrave Corp Mar 27 19% Apr Elec Seaboard 71% Apr 3 87% 3.35% preferred 100 Seaboard Air Line com vtc—No par 5% preferred series A 100 2 33% • 180 92% 21 2 Jun *92 *92% 19 Feb 18 15% Mar 17 38% Dec 30,500 ___5 93% 13% Jan 31% May 37% Jan 20 8% *92% Apr 21% Feb 25 y8 8% 93% 108% 7 31 45% 9 *91% *107% 94 9 Jan 25 32% 92 % x8% 100 84% Jan 104 19% Jan 10% Sep 28% Jan 92% 93 9Va 106 % 10% Jan , 8% *96% 47% Jan 53% Mar 92% 9% 110 97% Sep ■ 87/a 46% 107 % Dec . 9 46% 180 46% 150 *105 *96% Dec Mar 47 *142 108 *106% 11% 40 46% 150 *105 97% 56 v 47 46% *142 108 107% Jan 14% Jun 5,100 47 Va 150 105 96% 5% Jun 47 142 108 '106% 10 10 y2 47% 148 *105 107% 69% Feb / 44.000 96 28% May Nov 13% *106% Jan 83% May 95% Jan 12% 13% No par Jan 21% 13% 12 V2 No par 86% Jan Jun 12% 13% $3.40 preferred———. 60 Jan 13% 13 $4 preferred 20 5 11,200 12% 13 113% *142 5 Scott Paper Co common 1 Sep 2% Jun 39 % 32% 17 Dec * 37% 113 20 May Dec Jun 38 % 97% Apr 91 21% Aug 22% Jan 33% 113% 37% 107 % Apr 62 24% 33% 113% 38% 6 7 21% t per share 33% 112% 37% 38 20 Jan Lowest 32% 112% 37% Feb Jun 6% 32% 112% 37% Feb Jun 77 31% *112% 37% 94 Jan 19% 5% Ry Co. 100 preferred——__100 Savage Arms Corp Schenley Industries Inc 13 y8 Jan A 18% May 2 34% Jan 11 47% 16% series Southwestern non-cum 31% 113 .12% 37% 12% No par St Regis Paper Co common 1st pfd 4.40% series A 27 May J. Apr ' 36% Feb Louis 5% 30% 32% 113% 37% 60 104% Oct 12% 6 13 Preferred St 2 *113 105% Feb 91% Mar 78 Mer 31% 100 —10 ; Co St L-San F Ry Co com vtc 1 31 5 common 75 73% 700 1,500 66 % 65% 66% 46% 46% 46 % 47% 18,500 71% 72% 71% 72% 34,100 19,900 Volume 171 Number 4905 ..... The Commercial and FinanciaVChronicle (1903) NEW Range for Previous Lowest Range Since Jan. 1 Highest ' Lowest % NEW Highest $ per share Jun 27% $ per share Oct 253/8 Jan $ per share 4 96 % May 102% Dec Feb Jun 20% Dec 18% Jan 24 Dec 48 Jan 28J/4 Apr 21 ]2 6 40 Jun 48 X27 Jun 38 J/2 Jan 10 July 13 Jan 35 Oct 101 /. 94 Jan 100 * 24'A Jan 9% 26i/2 Mar l23/4 Jan ; 41J/2 Aug Jun i 98 i 14 >/2 Jan 9% Jan 133/4 Dec Jan 18 J/4 Dec 213/4 Dec 12 >/2 Feb 16 J/2 Feb Jun Feb % Oct Sep 95 J/2 Jan 20 551/4 Feb 15 122 Dec 113A July 16% Jan Jun 21 J/4 Sep Feb 60"% Dec 12 y, Sep Jun 227 83A Aug 195 * liJ/a Feb i Dec 38 Feb Dec 107 Jan 4 112 10% Jan 4 .13 11 Jun 36 3A Dec Jun 12 Q Feb 17 '/a Aug 241/2 . Sep 89 Jun 34 9'/8 Jun Jun jun 18 Mar 13 48% Jun 653A Nov 11'A Jun 18% 10 Jan 59% Jan 12% Feb 25 Nov 15% Jan Jun 701/a Dec 69 Jan Jun 26J/2 NOV 20% Feb 16 533/4 Jan 67 3 16J/8 $4 3 13 May ' 5 58 3/4 Dec Sulphur Pacific Jun 48 Dec 8 Jun 11'A Jan 53% Apr 123A Jan 31 153/4 Jan '14% Jan 3 "16% Jan 31 83/8 Nov 7% Jan 3 '14 Sub 25 J/2 Apr Dec 14 4% Jun Feb 14 *30% Jan 3 Oct 123/4 Jan 6 Jan -6% '■ 10% Mar 23 32J/4 Aug 12 44 5% Jan 3 Apr 13% Jan 42 5 ,5 Jan 9 Mar 17% Jan 6 Thomas Steel Co 10 63% Apr 28 Thompson 56% Dec 52 Jan 52 May Apr 95 Dec 94% Jan 2'A May 43/a 5 1023/4 May 13% Jun Oct Jan ',.32% Mar 27 22 Jan 3 1071% Dec 105% Jan 14% Feb 5% Feb 3 43'A Mar 16% Jan 33% Mar 17 38 11 Timken-Detroit Timken Apr 22 $ per share 10 Range Since Jan. 1 Highest Lowest $ per share Jan 163/a Dec 143A Jan 3 10 Jan 171/4 Dec 16% Jan Jun 16% Feb 15 61/4 Feb 9% Dec 98j/2 Feb 108% 15 % Jan 251/2 Dec 321/2 37% 8% Jan IO41/4 Jan Oct 9% Aug 191% Jan Dec Jan Mar 10 Y83/b May 20% Apr 7 18 13 3 Jan 3 20% Apr 21 34% Apr 29 100% Apr 18 98% Sep 4% Jan 10% Nov 8% Jan 5 Jun 34 % Nov 29% Jan 18 43A Jan ■ 4'A 103 Jun Dec 6% Jan 13% 39 Jan 5 Apr 13 Apr 13 6% Mar 30 Twin 50 ■ 60i/4 60 60 10% 10% ; ,240 240, • 13 *39% 111 , , *238 , 13% 11% 31% 36% 361/8 ' 14 MVe 243A 12% *12 7'A 14aA 7 12'A *87% .12% 7 71/4 7 18% .18 18 % 643A 64% 653/8 65 *12 7'A 18 88 871/2 , 88 7 71/a *12 7% i83A 18% 653A : 64% 66 : 653/4 211/4 21 y8 20% 21 y8 20% 731A 72'A 73 723/4 23% 24% 58% 58% 59 »Avy *50% 103A 11 35,000 9,200 -v 1 52 * 52 ll'A 16 16 103A U *35'A 36 *35 / 36 ! 123/4 *12% 13 ,* .*35% 36 13 *12y2 13 65A 20% 6V2 11 2 6% 11%:* 6% •••:■ 123A 6% -42 41 411/2! 3% *983/4 33A 33A 33/4 20% :20% •6% 6% 6i/2 53% "52% 523/a 100:; *983/4 3% 3% 36% 253A 25% 100 35% 253/e 3% / - ; *983A 3% *105% 15% 16 15% 37 % 37 37% 37 37% '105% 18 20 *16% 10 Ve ' $ per share *34 35 25% 25% 1061/b *98% 25% 33A 106 3% l;200 100 106'/» 334 33A *343/8 353/4 253/8 ; 25% 106 2,500 -.200 . 4 10,600 106'A ,100 15% 15% 15% 153/8 15% 37% '361/4 37% 36% 37 4,500 Friday Mayo the Week 16,200 HIGH SAIE PRICES Wednesday May 3 Thursday $ per share , , $ per share May 4 Sales for $ per share 173A 18 18 18 18% 20% 19% 18% 19% '20% 19% 16% 193/4 16% 203/8 20 16% 17% 173/a 173/3 *16% 10y4 10'A V *16% 17 10% 10934 IO1/4 10% IOI/4 IOI/2 109% 109 3/8 109% Shares 183/a 19% IO91/2 10% 10% 21% rt 22 34% 34% 21% 21% *34% 343A 34% 1 2,200 52'A 17% .18 103A *109 102 *1003/8 12% 12 36 6% 10%, 10V2 . 1093/8 109 18JA 10% 17 1093/8 10% IO91/4 10% 101/2 10% 103/4 10% 21% 10% 21% 22 21% 221/4 21% 22 % ,34% 34% 34% *34'A 34% 101% 1011/2 *100% 102 *100% 12 11% 12 IIVB 113/4 10% 35i/2 25% 34% 34% 5% 53A 36% 6 | 27,800 10,200 2,100 . 71,200 11 217/8 102 36 6 Va 6% t 300 , ■ 19% 10% 1093/8 12% 1,000 6 5/a *61/4 52 18 10% 36 .400 20% 20% 163A 150 4 203A "37% t per shore 109% *1003/8 '>3% 3,300 -. : 3% 353/4 106 ,400 6% f 100 2j400 15% Tuesday May 2 May 1 share 106% AND Monday *983A 1,300 - 42% 52% 25% 16 106%! 100 " 10 3/4 6% 61/4 52% 3% 25% 15% $ per 61/4 ,V 8,700 ' *41% 3% 20% *20 *341/4 '36 105% Apr. 29 ' 63/4 '. 1' *35% 25% 103A 42 *3% 20% 37% com__No par g I/2 41 33/4 20% *61/8 15% No par if .••1 65% A 600 ll'A 16 ll'A *40% * 52 11% 16 36 6% *51% 11% 16 y *12% 42 52 11% 16 *35% 1057/a * 52 11% 13 36 4,400 261/a 60 7A 36 100%. 17,600 16,800 73% 591/2 *12'/a 6.3/8 64% 67 211/a 73 251/4 *35% 65% 657/a 20% 601/4 13 64% ?4,300 251/2 36 *6 >/b 18%, 58% 11 20% lop 5,300 241/2 T 6% H 1- 24% 11%- 20% 7 591/4 16 4 121/a 24 51%,: 513A *3% 8,900 58'A 16 *40% 150 V 24% 11% 4 71/8 591/4 : 6% .68% . 58 % 11% 42 4,300 •9,900 23% „■ 52 10% 3,600 27,000 " 16 15% ' 18 % 733/4 ,11% > 141/a 7 , 213/b 72'A 16 600 V 23% *12 66% 20% 73% 25% 2 7 , 63A 183/4 63A - 72% ll'A 5,900 36% 1 871/4 v 12i/e 7 20% 3% ■ 136% 14 21 50'A 1 i. 121/4 122% 73 *98% Par / 143/a y " , >1,100 * 237/e 23% 6'A . 121/4 14 12% -. V 393A 111 223/4 is : - 25,900 ' .v,fr 63/4.. r7 18 36% 13 *39 *109 12% 361/4 / 14% 24% 12% 393A XIX, -12- 36% i4y8 23% .s. . 1 88 6% 12%" 36% . 13 *109% 6 6 102 *343A 170 i . €(,500 ' 14,100 343A 102 400 102 400 11 10% 10% / 3,500 ,34% 341A 32% 33% 680 53/4 5% 6% 63/a 5,900 U 8% Jun 10% Dec 10 39 Nov 46 Jan 41% Mar 103/4 Feb 123/4 Apr 12 19% 333/4 Jun 31% Jun 45% Jan Feb 21 12 7 47 3 13'A Jan Jan 263/4 Jan 41% Mar Dec 13 9 107 Jan 112 94 Jan 96 Nov 96 Jan 30 86% Jan 94 Aug 90'A Jan 30 Aug 111% Feb — — 103 • Jan 2 24 25% Jun 32% 73% Jun 89% Jan 24% May 2 823A Jan 25 48 Apr 513A Feb 50 30% Dec 20 Ve July 104 % Jun 10'A Jun Sep Jan 9 363/4 Jan 31'A Jan 3 27 Dec 25% Jan 13 Oct 106% Jan 3 109% 14% ■ Oct May 5 Apr 19 Udylite Underwood Union 10 30'A Apr 13 483/4 May 4 113% Apr 28 100'A May 97 Apr 17 52% Feb 25 34% Mar 20 4% non-cumulative Union Tank Car Co 31% May United Aircraft 5% 1 Mar 20 25 80'A Feb 7 87 Feb Apr 28 33 Mar 29 Jun 106% Dec Jun 93A Oct 34 Jan 26 2% Jun 33/4 40% Jun 47% Dec 3% Dec 33A 45 Jun Jun 9% 70 110 Oct Feb United 1 28 4%% United 28 $4.50 9% May 1 40'A Apr 10 3 United United Air 50 Apr 17 Jan 4 Mar 12 3 8% Jan 11 12 Mar common___10 112% 61% Apr 29 783/4 Mar 106 *105% *86 *108% 8% 83/4 8% 38% 38% 383A 27% 6% 43 17% Jun May Apr 19% Mar 3% 100 42 Corp (The) without div—1 United Dyewood Corp common 1 7% 6 6 19.% Dec 17% Feb 17 19% Mar 22 26% Dec 26% Jan 27 29% Apr 18 187 preferred .— 3% *9 —————100 6i% 10% :57 235/8 Jan 32 105 17" May 12 Certificates 24 Jan 4 127% May 2 Mar 9 7% 181/4 *44 interest 1 13% ,, 1 ,18 17% No par 30'A No par —No par *103% ' 15% 273A 9 9 39 :1 38% 9% 38% 8% 9 38 38% 83A It) 15% May 47 v May 15% Jan 18 7% Jan 8% Apr . Feb U S Lines Co common. Mar 28 .83% Jan 38% Mar 23 693A Mar 21 49% Jan 10 U 72 % Apr U 8 Playing Card Co— 4%.% 11 S .preferred Pipe & Foundry Co 27% 300 31/8 3 425/a 27,300 42% 3% 4 3% 9 91/4 93A 9% 67 VA 510 4 9% 63 63 64 64 66% 191/a 18% 19 18% 183A 18% 18 'A 183/e 45% 44% *433/4 44% *43% 441A 44 59% 58% 59% 59% 59% 18% 17% 18'A 58% 173/4 59% 18 18% 17% 18% 273/4 273A 2,900 44 583/4 60,400 18% 44% 273A * 28 "27% 69 270 3,600 300 9,900 23,000 27% 28 27% 28 13% 133/4 13%/ 133A 14 133/4 13% 13% 13% 13% 133/4 18 17% 18 i/a 17% 17% 23,100 17% 173/4 17% 17%. 173/4 171/2 173/a 29,200 18 17% 30% 105 - 18 30% 31'A 17% r 31 *1031/2 104 15% 15% 15% 17% *31% 104 104 15% ' ■17% 31% *103% 153A 16 l243/4 124% 124% 1243/4 123% 124% 124 186'A 186 'A *1861/4 1863A 1863A 1863A 26% *27 4 9% 28% Jan., 9 27% 6,600 1,800 9'A • 511/2 Oct *26% 9 3% 9% Dec 27% ; 100 . 93A *50% Dec *26% 100 com 100 2,100 V 38% 38% 4 9% Machinery 27% —.20 preferred— 18,600 29% 109 9 51 'A pegs 34. 283A *107 3% 9% 93/e , 29% 108% 87 63 *50y2 16% Jan 29% *106% 100 17% 87 91/8 5 30% Dec 29 108% 110 163/4 62% U S Hoffman Jun 72 28% *1073/4 3% •Z4%.% preferred —100 U S'lndustrial Chemicals^—No par U S Leather Co common No par ' Class A conv preferred. No par Jan 49% 29 1073/4 89 4 Mar 29 Jun Jan *1091/4 17% *86 3'A May 3% Jun 109JA 16% 88 42% 11% Mar 23 15% 38 of U S Freight CoU S Gypsum Co common 5 189 Paramount-Theatres U S & Foreign Securities $4.50 1st preferred 4 Jan 113/4 52% 1091/8 173/4 31/0 54 " - 109% 17 *86% 42% 28 8 *108% 88 3% 22 3 109% 3,200 26,200 42% 46% Jan / 4 8% Jan 30% 3'A 28 % United 3 1,600 32% 29% 42% 28'A 9 Mar 11 511/4 321/4 30% ■ 27% 18 »/8 3 8% Jan 9 58% Jan : 50% 321/2 293/a 3»A 17% % Jan Sep 51 32'/« 31 >A 42% 58% 14 4 503A 32% 30% 3'A 18 24 23 50% 32 31'A 42'A 59J/4 17 Jan 5,500 3% 17% 17% Mar 30 182% Jan 39,600 42JA 62% 200 25% 861/2 3'A 9'A . 25 86 42'A 61% 106 280 863/4 42 58% 11% Mar 30 110] 28% 383A 4 ., 503A 173/8 1073/4 27% No par Sep Oct Co Dec Jan sss Fruit Dec 26% For footnotes Engineering & Foundry United Gas Corp 10 United Gas Improvement Co—13% United Merch & Mfrs Inc 1 Oct 106 70 20 96 3/4 25% 27% 18% Jan 96% 47,700 ' 243A 27% 3% 44% 175 17 . 106 48 3/8 86 • :: 96% 43% 33 5;> *86% 9% *38% *44 X89% Jun *108% 173/4 89% No par *18 'A 15 1093/4 173A Corp—10 5 ,-173A Jan 116% Dec 30% 28% 5 Mar 18 Mar 31 32 31% 1073/4 United Electric Coal Cos 27% Jan 25 321/4 28% United 100 50 3/4 *107% United Dec 51% 28% 61 % Mar 102'A Nov 87 106 25% 86% 107% 46 % Mar 28 Feb 96 3A 106 243/a 86 y4 51 *87 13 Jun *105% 24% 85% 31% 17% 13 Mar 106 24% 32% 90 53% Jan 183A 106 263A 51 51% 40% Jan 12% •/ 106 *100 96% 86 »/4 26 ,85 % Jan 94- 1001/4 96 /•;' 7,800 - 1123/4 100 »/4 96 28% $3.50 convertible preferred 3 Mar 30 1123/4 103 103 Dec 133/a 1123/4 113% *100 Dec 26 48% 1123/4 *1123/4 223/8 *25% 30% 473/4 113% 555/8 Jun 291/4 47% 103 *107% Co— 29% *95 42 3A 19 12,900 283/4 47% i; *1123/4 Jun 93A Mar 19% Jun 29 5/fl 29 473A *100 Jun Feb 29% 28 7A " 47% 96 14% Aug July 29% 473A 103 345/8 16 3,600 1123/4 X44% 18% 4,200 125/8 #qc; 17% 100 United 6 Dec Mar 29 46 12% *100 32% 31% *108% 109 3A United-Carr Fstnr Corp new.Nopar United Cig-Whelan Stores com—30c 4% Mar 17 Dec 16 12 46 46% 28 32% 31% — Carbon 11% 12% 95 51'A Carton Si 11% 47 123/8 29 103 106 Biscuit,of America—No par preferred —No par Board 113/4 46% 12% 95 No par Inc 113A 46 3/4 12% * 1123/4 Corp common 5 preferred—100 Lines 11% 46% 12% 46"% 113 % preferred—50 preferred 113A 46% 12% • 28 2% Mar 29 413A Apr 28 33/b Jan 3 Sep 3% Apr 25 173/4 May 11% 46 12% *100 convertible 112 13% Jan Jan 27% 46% 113/4 46% 12% 28 26 28 38% \, 11% 4 6'A , 86 Oct Jun .. No par 86 Dec 29% No par 25% 85% 3 12% Unicn Pacific RR Co common.—50 313/8 Jan 11% 46 123A 5 Union Oil of California——25 Feb 7% Mar 28 11% 45 % Co 5 Jan 106% 1 No par — Rubber 89% Mar 16 19% 4% Corp Asbestos & Un El Co of Mo pfd $4.50 ser__No par Preferred $3.70 series No par Preferred $3.50 series No par Preferred $4 series. —No par 5 61% 103 (The) Union Bag & Paper Corp Union Carbide & Carbon 10 106% Apr 27% Jan Corp ,27Vi 26 3/4 * l47Ak. 15 " 44% 44% 1 16 16%, 16 16% Id *8 8y2 -*8 8'A .20 40 40'A 10 *71 72 14% 28 = " '44% 40% *71 1-4% 45 40% 73 ■*". *186SA ; 9% 9% 938 51% 52% *51% .26% -27%. 173/4 313/4 105 17% 311/a 104 173/b 32 *103% 6,100 17 5A 311/4 104 13,500 313A 105 163A 16% 16% 16% 124VA 125 »A 125% 31,300 • 16% 124% 1271/2 187 *186'A 187 *1861/4 80 1,700 5,700 187 20 ' 9% 52 9% 9% 51% 51% 9% 51 ■i- 9% 51 , 1,600 140 5*600 26 26 3A .14% 14 3A 14% 14% 14 14% 14% 15% 14,200 44% 44% 43% 44 43 44'A 451/4 47- 15% 16 Ve 15% 153A 15% 15% 153% 15% 7.500 19,300 *8 * 40i% *71% i8% *8 :«>A 40% 40% 40% 72 72 72 26% 27 26% *8 8'A 40 40% 40% 731/4 *72'A *711/4 8 26 3A 8 40 3A 74 t 'i t 5 % < ! < i 7,100 3,400 101/4 103A 556 A ,"265 r 2541/a 133/a :393A . 111 V;ll% 125 * *87% 12% 345 c 401 *109% 36% 23% t 13 r13ya 39% r / 11% 14 Yb 25 y8 243 « >131A 39% 111; ; *109% 11% ,36y4 . 243 • 13% 39% 111 13 »/8 • 13 40 M *109% 245 13 ; 30 60 Saturday Co • 1,200 - 103A *35/8 20'A conv Coach ' 593A *343/4 preferred No par $4.50 prior preferred No par Twin City Rap Transit com__No par 5% conv prior preferred 50 62 1201/4 103/a *6% 10 Corp 62 120y4 58i/2 * LOW Centuiy Fox Film $1.50 <62 120% 10JA 10% ? '*,40% Tri-Continental Corp common 1 $6 preferred No par Truax-Traer Coal Co 5 20th *12014 55% 6i 10% 50% ; Transcont'l & Western Air Inc—5 5 62 120 VA 103/a 59y2 10% STOCK Transue & Williams Steel 6 36% Jan .62% 120'A *35% No par, » Transamerica 5 8 11 25% Jan 103 YORK ; 10% May 1 110'A Apr 15 123A Feb 18 3 24 Jan *611/4 *12% __5 Bearing 5,000 <■' 58% 61% 10% No par 4,600 > ' 5,400 11% com—No par com ) 103/a 102% 26,300 EXCHANGE $ per share 13 11 J/2 NEW Highest $ per share •; 581/4 10% *100'A 13 STOCKS Year 1949 62 56 10% 102% 21 64'A 1 Axle Roller , ioy4 *100i/2 1.. 221% 15, Tide Water Associated Oil $3.75 preferred Range for Previous Lowest (The)—. Products ' 57 ioy2 louva 12% 16 preferred —100 Thompson-Starrett Co com—No par $3.50 preference No par 6 56% 10% 213A 7 - 4% 6 42% Feb " 900 61,600 20% 2 Mar 27 25% May 5 1063A Mar 21 5 Jan 19 32'/2 Nov 100 3% Mar 27 Dec 25'% Jun 53% May 4 40 May 19% 13 33 3A 13 y8 6% l.u Thompson (J R) Jun .52 > :YOO% c 531/8 19 7% Jan 323A 17,400 221/a 6% 50c, par No par- 20% Apr 84 J/2 23 J/2 100/ common 3 33% 581/2 6,200 - - 20% 88 No par. — Apr 23 34 J/2 / Mar 20 32% 17% - 217/e *87% 1 $2.50 convertible preferred50 tThird Avenue Transit Corp_Nopart 4 3% Jan 22 72% 4 363/4 Jan 21% , *203A 20% May Oct Jan 221/4 1.7'A ' 1 preferred: Co *171/4 .21% 1. 23 * Thermoid 71/2 20 Fair ,;34% 32,900 21' *173A • 6 41'/a Jun The yi7'/2 22% 33% 15,300 ••. ' 22% 7% Mar Jun Nov 6 1 22 ya • 21 *12% Thatcher Glass Mfg Co common.—5 $2.40 conv preference No 17 131/4 13% 17i/4 21% 88% Trust— certificates conv 18% 13 y8- 183/8 131/4 13i/4 6 3A 7 Mar 14% $1.25 311/4 17%' 31% '•'17% t. 22% 14%' .14% 24% 24% —10 Tetion 1 43 4 Land 102 62 13 y4 *87% No par 10 Texas & Pacific Ry Co—* Inc common 11 Apr share *171/4 31%, 13% 57% Producing Co 613A Mar 22 31 ,31% 20% 40j % 40 25 Pacific Coal & Oil 13J/4 July 43A Mar :v" ) Texas Feb 340 13 1 Gulf 991/2 203A 36% Texas *99 100 400 22 36% Texas 12,500 99% ,18% *120»A 121^' ■ 37 3A 37 21 113/4 Texas GvAf ; 600 37 i 900 22% 11% —_25 100 y2 . 121 y4 13 y8 13% 22% *109% 261/b May 36 -62 *i2oy4 51% 281/2 13% 20% 100 22% Apr 12 741/e Mar 17 5 62 * - 503/4 *28 y8 133/4 371/2 * 10 »A-10% ' - , 102 511/4 28% 20% :(The)__4.16% —— 51% > 18% '• 33%' 471/2-50 ,f .10% J 100 131/4 i 27,700 - 22% 5 Co 13% 33i/e 46lA *iooy2 13 /- 191/8 22'A-v 22% lOVs 9 Texas 22% 613/g No par , 31%-' • h 240 Telautograph Corp *99% ;;:17%>' 11,300 24 22'A 12% — 997/a t". 23% 13% 37% "i- 31 ya 241/a Shares 273/a 103 20% *237.' 10 .311/8 *17% .34% ■ 10% v / 102 -V, ' 62 _50 preferred Tennessee Corp 10% 4 61 % '—25 Talcott Inc-(James) 1 - 45% -*120% -121% 12% 13% common— Symington -Gould Corp 7% Apr 18 18% Feb 27 3 10% ■/■ ' _10CT 22% ! 45% *100% : 17%.r vl7% 333A common— Nonpar No-par 175/8 44% 1 .38'A; ^ 27% *102 *28i/a . 13% 13 y4 273/a 1031/4 233A 52 ."13% 13'A 19% 13 y8 223A 27% *102 ,.28 13% i8ya ,31% 19 Ve ; 52 s28 : .28 313/a 31% Sales for the Week 24'A 373A '"-.i 997A 13% 335A ;. 34% Sylvania Elec Prod Inc com..No par 71/2 Mar 30 9 43/4 Apr 17 6 99% 191/2 ' 23% ; 99% 37% ;■ -.38% Friday May 5 $ per share 273/8 103'A 133/4 - 31% 22 % v (, Noc'par Swift & Co— Swift International Ltd 26% Apr 18 88 J/2 May 5 . 3 ' 113/4 Jan Dec Nov 15% Mar 4 * 56 1% : 4% % preferred Sweets Co of America 4 373/4 Mar 23 : 9 Jan 5% Jan 121/4 Dec 6% 13 193/8 Jan '79 . ,6 3A Nov 23/4 Jan 9'A Jan ' 3 Jan Mar 133A 35 .Nonpar Aj., Superior Oil of California Superior Steel Corp Sutherland Paper Co_ 421/s Mar 16 14 13% 4 2 38 a; *17% 27 52 *273/4 Thursday May 4 $ per share o $ per share *102 241/4' v:: 52 .27% yt 1031/4 233A 51 „ 31% i, L^20 preferred Corp .23% i May 27'A J *102 PRICES Wednesday ' -;:'-99%/ 99% % % preferred. series -Ac———25 4% % preferred series B__^-_!_.25 Sunshine Biscuits Inc—_12.50 Sunshine Mining CoJ—ci—___il0c 5 Apr *13% 100 27 183/4 - 113A Nov 8 J/2 33 'A 15 May 13% May 27% 14% 38 commont__l : Corp Class A 4%% - 4 265 Chemical Sunray - Oil 11 : - 93A Mar 30 :27% 3% 3 273/s *13% i_15; $4.50 series A preferred 26 41% Feb '76 J/2 213/a Apr 23% Apr 633A Apr , 27% 1 5 Sun Oil Co common..... .4 25 Jan Sun 9 Apr 25 83/4 Mar 30 Dec Jan 14 30 Jan J an > . Corp... Sunbeam Corp 10 ; xl22 51 prior Studebaker I 27% 22% ! SALE $ per share 102% 23 & Co Inc_ 27 i 7 27 *102 No par preference Stone & Webster.! Apr 18 < 62% Mar 24 * 1081% Dec 71/4 55 143/4 Jan ,;;30% Jun 106 J/2 19 . 5% 27 103% 50% ; 29 ; 10% Apr .. (J P) 26% *101% HIGH Tuesday May 2 $ per share 22% common Stewart-Warner Corp Stokley-Van Camp Inc i 7 4< 101 14 10% Jan'.25 Jan 16 3A 36 J/4 7% Mar 3 118% Jan Dec -,17% 21 : Mar $ per share 50 preferred Stevens 141/b Jan . 3%% , 181/4 Jan 71 Oct Jun 9 213/8 Apr 13 9% Jan 127 A 26 663A 9 15 7 " 341/2 Jan Jan 96 117 Mar 26 43'A Apr 8% Jan • 5 23"% Apr 343/8 Apr Jan 52 Sterling Drug Inc ,100 13 Feb .90 S. - 3 20'A Jan 1 j 10 May 1 50% 4% 28 Dec 52 6'/2 21 Jan Par ■ Ohio Jan 15 Dec 23 28 J/2 12 of common 10 33/4% preferred series A __100 Standard Steel Spring common 1 2 321/2 Jan 121/8 Apr 6 17'A Mar 16 • Standard Oil AND Monday Apr. 29 393/8 Feb 30% Apr "27 Feb May Saturday convertible preferred Starrett Co (The) L S Sterchi Bros Stores Inc 3 Dec 15 % 52 ■i; 27 Jan 33% RECORD LOW STOCK V-;■ 10 103'A Apr 24 24'A May 2 1 36% Jan YORK EXCHANGE . 20 STOCK STOCKS Year 1949 $ per share YORK 23 100 4j60© 100 24 Range Since Jaa, 1 J Lowest Highest Year 1949 Highest 93% Apr 112 V* share 95 ' Jan 33% Oct 46% 62 Oct 72 20% Jun 26% 37% Jan 126% Jan 31% Apr 97% Apr 3 18 U 8 Plywood 10 40% Jan 8% 33% Apr 144 Apr 17 18% Jan 22 Nor 20% May 4 22 Feb 21 38% Jan 44% Sep -<41% Jan> • 44% Apr 5 4% Feb 6% Nor 5 % Jan 28 10% Feb • 7% 129% 140% Jun Jan 139 Jan 4 Jun 11% Nor Apr 8'/a 80 92 Deo 91% May 3 Jun 4 Jan 3Yt Feb 6% May 7 2% 21 Feb 27% Oct 24 Jun 17% Jan 15 Jan 3% 19% 9% Feb - 9 4 x25 Feb 12% Deo 15 11% Feb Jan 64 Deo 48 Apr 18 61% Jan 27 17 Jun 25% Apr 20 y» Feb 14 27% Apr 27 Vanadium Jan 3 -10 y4 Jan 12 Van f. ' 7% Nov 8% Apr 9 11% May Feb Jan l 25 -Oct i 20% Jan 26 85% Mar ■< Jun 10 20 „■ i 97 "Dec t 97% Mar 85'/2 ' 34 24% Feb 23 Nor 27 : 20 Vi > : 98 : 47 Dec ; loo Jan ; Deo 33% Jun 91 Jan 5 12% Jan i3y4 Jan . X Deo 11 Va Jun 103 '< Jan .82% Jan 20 Jun 118 14% Jan 26 28 33% Nov 25% 32% Jan ; Jun Mar 43 Jun 12 117-. Jan 10 20 Jan 17 ;/22% Feb 7 .27% Jan/28 > Apr 26% May 5 22 •• - Mar 23 .31% Mar . 30% Feb 17 37% Apr A? 13 33% Jun Oct 31% Jan 3 Apr 27% Apr 11 33% May 32 v 7 Apr, 31 y4 Jan 11 35 : • . 5 12 Apr 20% 42% 6% 93 6% 10% 16% 16% '24 91% 91% 26% 10% 10 33 33% 13% 13% i .13%; 26% 25% *101 v 50%; , ' *101 : 103 49% 174 8% 9 12,600 48% 48% 49 49 330 27% 27 * 26% 9% 33% 13% 13% V j 25% 26 r ' *100- 103 •100 103 104 ; *100 ( f, *100 •. ..*49% 49 V* 98% 98% 110 j 8% 8 Va 28,000 90% 2,400 i; j , 26 103 .26% 104 49% 50 99% 99%; 7% 7% 49% 48% ; *100 *98 ' . %' 7 7% v/2 88% 88% .88 20% 20% 20% 116% 116% 116 89 *115% 21% 22 •28% 29 28% 28% > 29 29 29 ■. 27% 27% 36% 36% 36 36 %' ♦29% 20% 29% 30 *33% 35 ♦33% 26% ' 27%;' 35 29 * 7,200 »j 2,600 105 20% V *29 29% 22 ij 18,100 240 530 30 t 26% . 50 i i 2,400 21 *21'/4 - : 105 115% 115% ./. , < •■ • '? 1 ] l 700 1 *32% i 5.400 1 i 33% 35% 35 33% 470 'ij- 35 100 ;!, *51 35% 2,900 35 v27'/4 27% *33% ' 52 33% 27 : *90 22 29% -27% < 105 116% *21% -v; 13% 25% 21 116% 22, I 13% " 36% *29% *21% > i 1,300 25 91 20% 20 '/8 116 116 ; 2,oco 8% 89% •- 3,100 10 34 26 - ICO 7% 91% 20% • 22 27% .27%( 36% Y 21 X 103 Y *98% A 8% -89 116% ♦21% 22 100 7% ; 89% 20% 21 •21% *27% 7% 89 116%, '98% , 26 9% *33% : 9% *48% -49% ■i' ' 99%. *98 49 33% I 103 \ 103: *100 ; 50 ;. y 13% 13% , .•100 . 99% 50 34 j. 26%-. ... 10 34: 9% 1 ; 13% 103 •100 ►172% 9 . 25%. % 2,000 24% 174 26% 10 32% ♦24 3,400 48% 26% 27% 10 5 8% 9 J/4 32% 200 1,300 16% •172% 174 9 49'% 27 4% 9% •172% 174 9% 16% 5% 24 14,900 3% 25% •25 16% 24 600 93 3% 3% 26 5 24 •90% 93 3% 16% 49'% 13% •91 5% 9% 26 1,200 16% 10 13% 10% 5% 26% ' 10. 10% 16% 49% 9% 2,100 10% 4 24 400 6% 5% 24 t-V: 42% 6% 16'% 24 3,800 20% •42 6% •25% 32% 26% ♦32 3% 20% 20% 42% 26% 49 ,9% '48% 2,100 26 49 9% . 92'% •172 % 174 142% 142% 142 26 5 24 ►172% 135,000 6% 11 16% 5% 24 24% 174 10% •25 16% 1,400 32% 32% 10% 6% 4% 61 % 6% 10% 3% 4% 26 36% 61% 32 •42 42% 6% •91 92 4% •25 36 62 20% 21 : 6j/8 !;a 36% 142 10% 10% •91 * 4% 26 ♦42 9,500 36% 32% 20% 21% 42 J/2 6% •172% 29%: 736 :f- 35 *49 50% 50 50% 50% 51% 12% 13% 13 'A 13 131/2 ; .i 36% ; 31 it „32: 35 *33% i ' •33% 20- 4 ■ ■ - 21 42% 5 —100 preferred •Vpreferred 20% 30 62 < 142% 142 130 32 x32% 33% 142% 11 . '16% 6% dlv partlc preferred 100 Virginia Elec & Power Co com..,,. 10 $5 preferred 100 Va Iron Coal & Coke 4% pfd -25 25 Virginian Ry Co common 25 6% preferred Visking Corp (The) 5 Vulcan Detlnning Co common 20 11 18 30% > ,23% Mar 30 06% Jan 27 18 32% 142% 42% 43 4 Va-Carolina Chemical com_l.No par 8% Jan 11 33 % 142 % 9W->2l:W Victor Chemical Works common—5 3Vi% 32% 142% 32 34 141% '91 ■i. >5% non-cumulative preferred—100 Jan A 61% •100 4 Jan 79/ Feb 36% 59% Vicks Shreve & Pacific Ry com—100 29 ■ 115 . Deo 23% July - Dec * 34% 59% '*25% 23 Apr -18% Jan Jan'' 118 Jun 15% 34% 59% *25 ■ 113% 129% 34% •5% —10 Jan . .101 «% Jan 27 129% Vertientes-Camaguey Sugar Co—8% 2.CO 4 1,050 59% — 50% Apr 101 10 96% Mar 22 i May 129% 34% Vlck Chemical Co__ 18 129% 129% 130% 129% Corp of Amerlca__No par Co 2.50 Norman 10,300 58% 11 1 Van Raalte Co Inc 3 27% Apr x44% Mar 1ft - May 42% 34% '42 ICO preferred 4%% 14% Jan ' 0 v.- 8 Jan 98 < 3 2 41% 129% • 100 Universal Pictures Co Inc com 7 43% 100 42% 42 42% 42 57% 1 preferred 8% 97% 34% 100 No par Universal Leaf Tobacco com—No par 9 Jan 172% Apr 27 •96% 129% 32% Laboratories Inc Universal 17 6% Apr II 18 Jan 161 Jun 24 16% May 22% Mar 13 Sep 170 4% Apr 27% Jan 3 4% Peb Sep 25% Jan Mar 156 3 Jan 28 100 Mar 30 12% 4 29% 97 % 129% 141% 6,600 30% 34% preferred!—25 United Stockyards Corp.. 1 United Stores $4.20 non-c 2d pfd—5 $6 convertible preferred—No par United Wall Paper Inc common 2 4% convertible preferred 50 Universal-Cyclops Steel Corp 1 11% Apr 97 43% Shares Sper share share 29% •96 % 57% non-cumulative 7% 97 42 the Week 97% - 129% 100 50 50 preferred U S Tobacco Co common •96% 97 42 t per Sales foe May 5 -30% 30 30% 43% '96 .42% 29% 30% 29% 97 41% No par U S Steel Corp common 25 '96 10 1st preferred non-cum 30% Friday May 4 May 3 * Sper share t per share tper share share 29% 100 preferred series A preferred 1% 6 < per 1 Corp common U S Smelting Ref & Min com 20 68% Mar 13 3%% 2 133% Mar , Par U 8 Rubber Co common 28 57% Apr 25% Jan Deo 18 11 44% Feb 33 y« Mar 31 Apr Mar V; ' t per share r 20 Feb Jan 133 Jun t per 24 y4 Mar 27 NOT 43 31% Aug . Deo 30 May 2 t Apr. 29 . Thursday Wednesday Tuesday May 1 ' EXCHANGE 1 $ per share I per share 19% May Monday, May 8, 1950 LOW AND HIGH SALE PRICES Monday Saturday STOCK NEW YORK ... RECORD STOCKS Range for Previous Lowest STOCK YORK NEW 82 Chronicle The Commercial and Financial (1904) . r 35 v." v 35 ' - W '« 60% Jan 48- 14% Sep 12% Apr 18 29% May 5 Jun ,31% May 25% 101 105% 33 21% Jun 6% Jun Nor Oct 103 Deo Feb 17 39% Apr 13 9% Apr 4 1 4 Jun 17% Deo 15 Ye Apr 24 Jun 101% Deo 97 Jan 16 9% Jan 16% Dec f 12% Mar 18 28 May 32 ; 19% Feb 103 preferred 100 No par System Ward Baking Co common 5%% Apr 6 16% Jan 24 6 Jan 15'A Feb 14 20% May 5 Dec 24 y4 Jan 28 26% Mar 24 11% Jun 14% Sep Feb 27 15% Jan Feb 24% Dec 19% May 1 24 17% Nor 13% Apr 6 17% Mar 16 5% May 11 Jan Corp Tobacco 14 29 % 29% 29 29% 28'/a is y8 18% 18% 19 y8 18% 26'/a 26% 26 % 26'/a 14 13% 14% 14% 14% 19% 20 5 6% Mar 15 Jan 24% Jan 13 28% Mar 23 July 84% Deo 83% Feb 28 Jun 23% Jan 20% Jan 85% Apr 18 23% Jan 18 Sep 22 y« Oct 18% Apr 23% Feb 25 West Kentucky Coal Co 23% Jan 15 13 Not 111% Jan 18 108% Jan 108% Mar24 109% Feb,7 108 109% Mar 24 25% 104% Sep Deo 107% Jan 13 17% Jon .12% Apr 50% Dee 108% 101% May 12% Deo 115 Jan Apr Jan Dec 1 4 27% Feb 25 West Penn Electric Co Feb 24 West Penn Power 4% % 114 17 16 Feb >81 Jan 15 30% 303/4 4,300 19 19% 19% 20% 21,800 *26 26% *26% 26% 900 141/4 14% 14 143/s 133/4 14'/4 2,700 i 19% 193/8 2,500 i 15 15 1,700 ; 29% 28% 19% 19% 151/4 15% 15% 15% 15% 15 15'/a ■5% 53/4 5% 5% 55/a 5% *5% 5 S/8 273/4 27% 27% 27% 28 28 3/8 27% 28% 85 85 85 85% 84% 851/2 21% 22 21% 22% 21% 22% 5% 28 85% . 21% 21% 19% . t 85 104'' May i 19% • - 19% 19% •108 * 213/4 20 203/a 108 4 Jan 110% Apr 20 4%% preferred 1 4 ♦110 * 26 *113'/4 114 *108'/a 109% 14 % *108 109% 25 Va 46% • 109 14% 14 V* 13% 46% 46 4 per 5 there i ' 111 * ; ( per share 4 per share Par Dee 7% Jan 13 9% Feb 24 Western Air Lines Inc Deo x39% Feb 16 51% Apr 25 Western Auto Supply Co Jan I 19% Feb 21 Western Maryland Ry com '16% Deo Feb 16 v 111 •108 109% 9,100 15,200 ? 25% 26% 70 114 108% *107 108% *107 108% 14'% 14 -141/4 46% 463A 49 17 17'/a 34 33 33 *32 33% 34 33 *71% 72 33% 33% 18 71 72 20 Jun 28 Jan 3 34% Mar 29 53% Jun 70% Nor 66% Jan 3 73 13 Jan 71 , *33 , 95/B- 171/8 *33 Jan "■; 47 47 *110 "t ^_ 111 5 9% 9 Y 333/4 :r 72 t 9 V Thursday 93/8 , /■ ; the Week May 5 "' ; >4 per share ■ Sales far Friday • ■ * 93/a ... •: 9% 9,000 48 48'A 48% 49% 6,000 16% 17 >/4 165/8 17 6,900 *31% 33% •31% 33% 100 335/a 33% 33% 33% 33% 1,600 71% 71%// 70% 713/« 703/4 703/4 1,000 26 263/4 48 3/4 / 17% S 34 t 24 Deo 19% Jan 29% Apr 21 Western Union Teleg class A_No par 27% 28% 26 3/4. 273/4 257/a 27 253/a 263/a 25% 26% Jan 24% Mar 30 27% Feb 4 253/8 25'/a 253/8 25% 25% 253/a 257/B 251/2 257/a 255/8 26 30% Jan 13 35% Apr 19 33% 34 ya 34>/e 34% 343/8 347/8 34% 35% 347/8 355/8 X343/8 35 Aug 103 y4 Jan 6 105% Feb 18 Westinghouse Air Brake.—..No par Westinghouse Electric com 12% 3.80% preferred series B 100 25 Vb Deo 104 Feb 104% 104% 1041/4 104 y4 *104% 1043/4 1043/4 1043/4 *1041/4 105 26% Jun Shares 4 per share 9% 34% Jun Jan 22% Feb 16 Feb 20 6 26% Jan Weston Electric Instrument 6 Wheeling & Lake Erie Ry Wheeling Steel Corp com 104% *104 12.50 25 25 25 100 115 118 •115 253/8 *. 25% t"'Y 25% 25% 24 25% -■■v 25% 28,700 12,800 w 'U / 243/4^7 243/4 46,500 >.. - 700 " 2,400 • 102 115 Mar Deo 112 14 28 59 Apr , Jun 48% Jan May 2 29% May 2 "When July 89% 32% Jan 81 Jan 3 92 1 $5 Dec 30% Jan 13 41 ft Apr 29% 43% Feb 115 25 27 V4 Apr 777 4 23% Mar May Feb % May 273/4 90 90: (The S S) 12% Jun 16~% Deo 8 19 V2 May Jan 32% Dec 31 Jan 4 45% May 28% Feb 34 Deo 33% Jan 12 35 15% Apr 27 Wilcox Oil Co Feb 20 Willys-Overland Motors 15% Feb Apr 3 White Motor Co__ 1 White Sewing Prior 10 14% Deo 12% Feb 15 4>A Jun 7% j an 5 % Jan 3 X42% Jun 57% Dec 4 55% Jan 5 8% Jun 12% Dec 12 y8 Jan 4 13% Jan 31 8 82 7% May 48% May 7 Feb 1 $4.50 conv pfd series A 70 Jun 79% Nov 10 Jun 13 % Jan 10 y4 Jan 6 11% Jan 11 14% Jan 21% Dec 19% Jan 3 22% Feb 25 Wisconsin Elec 141% Apr 12 Jan 140 Nov 139% Feb 1 Jun 35 Nov 32% Jan 10 49% July 47% May 2 39 51 6% 91 32 303/4 30»/4 305/8 30% 303/4 A A % A y4 19 Woodward Iron Feb 3 Woolworth (F 22 19% 19 45% 457/8 44 34% 34% 34% 14% 15 15 15 61/2 No par 63/4 51 51% 12% 12V8 32% 191/4 433/4 ;t, 42 7/a 341/2 *341/2 35% 14% 14'/a 14% 14i/a 63/4 63/8 63/a 6% 6 3/8 513/4 513/4 50% 513/4 50% 501/2 48 3/4 50% 127/a 13Va 12% 131/8 127/8 13 811/4 80 80 8oy8 801/a 10% 10% 10% *10% 103/s 103/a 10 20% 201/2 x20'/4 205/8 20% 203/4 203/a ►1401/2 14U/2 *141 *34% 35i/2 36 36 353/4 353/4 35% 477/8 485/a 475/8 48% 41% 11% Jun 18% Deo 16% Mar 31 20% Apr X59% Feb 72 Oct 69% Jan 9 74% May 65 Jun 76 Nov 74 Jan 4 85 68 Feb 89 Dec 83 Mar 29 89 66 Feb 82 Dec 80 Jan 25 89% Apr 13 Wright Aeronautical No Wrigley (Wm) Jr (Del)___—No Oct 10% Feb 16 13% Jan 28 Wyandotte Worsted Co 27 47% ; 48 6 ' . " 7,700 10,000 300 ' 9,600 6% 50% 49% 29,700 2,200 13 *79 801/2 200 103/s *10% 101/4 1,200 203/8 203/8 203/B 201/2 141 141% 141% 36 3 6 3/4 473/4 483/a 10 Co ' 131/a 48 35% *141 19% 43% «"•! 10% 141% 10 141% 40,400 80% 20% ,_100 127/8 *79 10% Sep . 14% 63/8 ♦141 4,000 ► 14'/4- 14% 67/a *103/8 44 19 19 341/2 15% 1411/2 140 323/4 423/4 6% *80 7,500 10,100 '% ///- W 19% 811/4 com 323/g 35 *80 Co W) % s_a 91% 443/e;: *34% 10 Power Co 331/4 3/8 % ,r 28'/a 187/a 45 34% 573/4 43 19% 45% 35 18% No par preferred Mar 21 19 44% % »; 575/8 28'/a 91 31 57% 291/4 91 *34% No par common Wilson-Jones Co 22 287/s 901/2 1 common $4.25 preferred 77% Jan 128 29% 92 5 Wilson & Co Inc 27 i 58 5/s 29 91 57% 118 *90 3/4 59 293/4 57% 29 92 1 common 57% *113% 118 295/8 20 Machine preference . 583/4 / 91% "ft ' 18% Y 30% 20 Rights 4 *115 118 •115 118 273/4 55 27% White Dental Mfg 27 54% No par prior preference •115 55 No par issued" conv 118 13 6,400 4,4C0 30 38% 1,600 41% Ya 141% 37 48% 12,300 19% 11,200 Worthlngton Pump & Machinery 8% Feb 12% 19% Jun Prior May 4 Prior Jan 9 3H3/« Dec Jan 13 Jun 12% Jan 10% Feb 10 30% May 39 V2 Jan 36% Mar 14 41% Apr 16% Jun 28% Nov 26% Jan 4 33% May 53% Jun 77% Dec 72% Jan 13 84% May 3 10% Jun 14% Jan 11% Jan 3 15% Feb 9 31% Jan 13 70% Apr 14 6% Apr 22 8 - Common 2 20% July 3% .^33%. .Dec Feb 4% Oct 4% Jan 6 35% May 13% May No par preferred 4%% pfd 4%% 3 19% 20% 195/a 20% 19% 74% *73% 73% 74% 74% •73% 75 »73'/2 •80% 80 7/8 80 'A 80 7/8 80*/a 813/4 82 82'/2 84 85 841/2 par 86% 861/2 87% 883/4 873/4 873/4 *87 881/2 871/2 87% *84 85 •84 85 84% 84'% 12 12 12 12% 34% 35 35 35% ♦84 York Corp common 4%% 3 Young < ' 85 85 12 11% ll7/a 33% 5 85 11% par Yale & Towne Mfg Co. 3 27 33% 33% 34% 12% *41 convertible preferred. (L A) Spring & Wlre_Nopar 12% 41% 29 % 12% *41 13 42 12*% •41 13 ya 42 •74'/8 •11 7/a 343/4 13% 13 13'/4 42 •41 divldend. y asked prices; Ex-rlghts. no sales on this day. fin receivership, or petition has 32% 84.% 14 821/z • 16,000 833/4 300 117/a 1,900 35 11,300 13% 13% 42'/2 32% 33i/2 15,100 82% 8 3'/4 12,500 *13% 84% 13% 14 55 y4 60 82% 83% 83 83'/4 83% 13% 13% 14 y8 13% 14% 13% 65% 66% 64% 66% 61% 65% 60 5% 5% 5% 5% 5% 5% reorganization, 88 13% 4,300 19,600 " 33% 13% company's 33% 40 380 84% *411/4 135/s 32% 82% for 83% *11% 42 32 No par filed 75 •85% 35% 29% No par been 19% 12 29% 5% 62%; ' 5% ' 51/4 '■ and 197/a 29% 29% 82% 1 Zenith Radio Corp Zonlte Products Corp 195/a 75 •41 No par Youngstown Sheet & Tube Youngstown Steel Door 19% 20% •73 100 series conv 19% 100 series a Deferred delivery. i [ 2,500 > ... 33 May 20% May ' < yV: ■•t*/ May 4 -■ 4 per share > 48 34 non-cum MayS < - 173/4 *323/e 30 10 3,600 14% 14% 471/4 ; 111 ♦110 y Wednesday : 50 2nd preferred 100 Western Pacific RR com No par Preferred series A_. 100 4% 35% Mar 22 Tuesday 17% -17% 3 Y - * 111 >; a •110 41% 503/a 16% Jan 21% 203/a *113% 14 9 48% 9ya 50'A 31 98% '' . *1071/2 46% t per share 4 per share - 9% Y 9 100 Dec 13 ; 20% • 108% 108% • May 2 Y".'/. ./'May 1 tper share 1 : V- Monday Saturday _10 33 % 21'/4 yv > 4 per than 8 Va Sep 21 ' 5,600 114 *113% 109% / 111 *110 Apr. 29 '/ 41% Feb 32% May 8% 400 21% 85 LOW AND HIGH SALE PRICES STOCK ; 6,400 21% , 261/s 113% *108% 46 •110 25% 26 113% 14 45% ■ , STOCKS EXCHANGE Lowest Highest < • NEW YORK Range Sinee Jan. 1 Highest Year 1949 : Lowest 1,700 • 28% 273/4 : .85... Y r ; 85 21% 10% 253/4 25% 113'/a 109'/a *108 109% 14% ♦46 % 193/4 19% 108 '/2 25'/a 114 110% ——5 19% 19% 113% 25% 25'/a •113'/4 •103 V2 com—No par 100 West Va Pulp & Paper Range for Previous \ : 5% ' <%!, ' 5% ■ '• 35% Jun : i 64,600 19'% 281/2 15 ...100 100 preferred series B 4.10% preferred series C_ West Virginia Coal & Coke 1 141/0 19% 100 4.20% 18 45% Apr 11 143/a 19% *85 com__No par pfd 270 13% 15 27% No par ' $4 convertible preferred 1,600 102 % 19% *5% West Indies Sugar Corp <■ 16 ya 102% i6,; 161/4 1021/2 19% 2.50 Wesson Oil & Snowdrift com s 6,000 ; 26% 18% *26 Y: i 7,100 8 5/a 103 16'/4 14% 28 29 420 37% 8% 103 8% 20 8 Oct 27% 16% 14 y 1,000 1,700 101% 102 141/a 26% 14% ■ 13% 30 ; 363/4 : 37 83/e 15% 15% 102 19% •25% Inc V 6>/4 14% 16'/4; 1023/4 36% 400 13% 293/4 v 101% *103 8% 8% ! 30 30 15 Jun 107 15% 102% 14% 5 Jan 3 16 102 133/4 37 14% Wayne Pump Co 3% 78 15% 101% 15% 102 •101 ft xlfl'A 16% 104 36% 83/4 14% Wayne Knitting Mills Webster - 14% Waukesha Motor Co Petroleum Warren 9 Apr 103% 8% 38 No par Washington Gas Light Co 16% 8 3/4 ; 30% 36% 8% 30% 104% 52 *13% ; 13% No par 3 Pipe 38% Feb 22% 25% 11% 103% 383/4 *51 52% 30 'A 8 Warner Bros Pictures Warren Foundry & 8% 15% 1 Jun xl3 30% 1043/4 37% 38% 8% 100 preferred Jun 3 30% 104% 30% 106 38% -.2.50 Walworth Co 14 Jun *30'/a *104'/2 *51 13% 30 y8 ' 23 V» 18% 12% Walgreen Co common.. —No par 4% preferred 100 Walker (Hiram) G & W_ No par 4 105% Feb 13 *87% Deo Waldorf 10 14% Jan 11 Xl2 <30% Wabash RR 4%% 7 Jan / 7% Jan Jan 60% Mar Jan 31 9% • Apr 24 rC&sh sale, s 33% 54% 5% ■' Special sales. 5% ■■ ■ ■ I I in 57% 5% , .-59,100 6,400 nn...*,;. I wdWhen distributed, "x Ix- . Volume 171 Number 4905 The Commercial and Financial Chronicle ... \ {1905) 25 | Bond Record New York Stock «» friday weekly - Exchange yearly . 1 The italic letters In the ".V» GOVERNMENT Year 1949 103.26 :j' 108.13 Jan Banjo Slnee Jan. 1 Highest Dec Lowest 103.28 Dec 108.13 Jan - i.-. — < . __ May 1 111.10 May 110.23 Mar 102.31 Jan 102.31 Peb 104.9 : 102.1 Mar 104.15 103.8 July 103.8 Feb 101.7 Feb l — July 100.28 102.14 Apr Jun 103.2 25 102.19 Apr 102.14 Apr Jun 103 Aug May" 101.23 Feb 105.4 Jan 102.30 Sep 102.18 Feb 1 Feb 101.3 Jun 101.23 Apr 25 Jan 101.18 Aug 101.8 Feb Feb~24 102.23 2 100.13 101.8 25 Dec 102.30 100.17 25 Aug 103.19 100.18 Jan Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury — 25 102.18 Feb 3 Jan 9 Jan 101.18 Feb Jan 103.16 Dec 103.7 Feb 16 Saturday 103.18 Jan 1951-1951 ef 96.24 Mar 23 a point. asked price. No sales transacted this day. a - bonds mature. - • Interest - f Period Exchange May? Low 102.26 •102.24 or Sale Price the Week Bonds ($) High 102.26 •102.24 102.26 ♦102.23 102.25 •102.23 102.25 •108.6 108.10 *108.6 108.10 *108.4 108.8 *108.4 108.8 *101.31 102.1 •101.31 102.1 •101.31 102.1 •101.31 102.1 •109.17 109.21 *109.14 109.18 ♦109.12 109.16 *109.10 109.14 *109.11 109.15 111.10 *111.11 111.15 •111.10 111.14 *111.10 111.14 *111.12 111.16 113.18 *113.12 113.16 *113.12 113.16 *113.10 113.14 *113.14 113.18 *100.20 100.22 *100.20 100.22 ♦100.19 100.21 *100.19 100.21 109.21 *111.13 111.16 111.10 1960-1965 *113.15 113.18 *113.14 1950-1962 •100.19 100.21 *100.19 100.21 ; 1,000 1952-1954 *102.2' 102.4 •102.1 102.3 *102.2 102.4 •102.1 102.3 *102.1 102.3 •102.1 •104.31 105.1 *104.31 105.1 *105.1 105.3 *104.31 105.1 *104.31 105.1 *105.2 105.4 *103.26 103.28 *103.25 103.27 *103.26 103.28 •103.26 103.28 •103.24 103.26 *103.23 1,000 102.3 1956-1963 1962-1967 103.26 2%S_ 1863-1963 *103.7: 103.9 ♦103.6 103.8 *103.7 103.9 •103.6 103.8 2M.S. *103.5. 103.7 •103.5 103.7 Jun 1964-1969 *102.25 102.28 *102.25 102.27 *102.26 102.28 *102.24 102.26 2%s> *102.24 102.26 *102.23 Dec 102.25 1964-1969 *102.20 102.22 *102.19 102.21 ♦102.20 102.22 *102.19 102.21 *102.18 102.20 *102.18 102.20 1965-1970 *102.15 102.17 *102.14 102.16 *102.15 102.17 *102.14 102.16 •102.14 102.16 *102.13 102.15 2%a_ 2%a_. 1966-1971 *102.14 102.16 *102.13 102.15 *102.14 ' 102.16 ♦102.13 102.15 2 %a_ •102.12 102.14 Jun 1967-1972 *101.24 101.26 *101.23 101.25 *101.23 101.25 *101.21 101.23 2%s_ *101.20 101.22 ♦101.20 1967-1972 *105.4 « 105.6 *105.4 105.6 *105.5 105.7 *105.6 105.8 *105.6 105.8 *105.7 JDec 105.9 1967-1972 *101.24 101.26 ♦101.23 101.25** 101.23 ♦101.21 101.23 *101.20 101.22 *101.20 > 101.22 JBep 101.22 2%s_ 101.23 •102.12 102.14 2V*s_ .1951-1953 *102.2 102.4 *102.1 102.3 ' *102.1 102.3 ♦102.1 102.3 2y«*_. *102.1 102.3 *102.1 *101.25 101.27 *101.24 101.23 *101.25 101.27 *101.25 101.27 •101.25 101.27 *101.25 101.27 1954-1956 4,000 102.3 .1952-1955 2%a I *104.24 104.27 *104.23 104.26 *104.23 104.26 *104.23 104.26 104.26 *104.25 104.28 1956-1959 *103.30 104 *103.31 104.1 ♦104 104.2 *103.30 104 2%s *103.30 104 *104.1 Jun 104.3 1959-1962 *101.25 101.27 *101.25 101.27 ♦101.25 101.27 *101.23 101.25 2V*b *101.22 101.24 *101.24 Dec 1959-1962 *101.24 101.26 *101.23 101.25 ♦101.23 2s 101.25 ♦101.22 101.24 ♦101.20 101.22 ♦101.20 101.22 Bep 1950-1952 *100.11 100.12 ♦100.11 100.12 ♦100.11 100.13 *100.11 100.13 •100.11 100.13 *100.11 100.13 1951-1958 *100.31 101.1 ♦100.31 101.1 *100.31 101.1 *100.31 101.1 *100.31 101.1 *100.31 101.1 1951-1959 •101.2 101.4 *101.1 101.3 *101.1 101.3 *101.1 101.3 ♦101.1 101.3 *101.1 101.3 101.12 2%S 2a 2s : 2s Jun 2s Dec 1952-1954 • •104.23 101.26 *101.10 101.12 *101.10 *101.10 101.12 ♦101.10 101.12 *101.9 101.11 *101.10 *101.18 101.20 *101.18 101.20 *101.18 101.20 *101.18 101.20 *101.17 101.19 ♦101.18 101.20 *103 103.3 *102.30 103 *102.30 103 *102.30 103 •102.30 103.1 *103 103.3 *100.6 100.7 •100.6 100.7 *100.6 100.8 *100.6 100.8 *100.6 100.8 *100.6 100.8 1%S- 1950 Bank Friday's for r Registered *103. 12 103.16 *103.12 103.16 *103.12 103.16 *103.12 103.16 *103.12 103.16 *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. 28 101.4 *100.28 101.4 *100.28 101.4 ♦100.28 101.4 *100.28 101.4 *100.28 101.4 *100. 20 100.28 *100. 8 • *99. 28 *99. 8 *100.20 100.16 *100.8 100.8 '■ 103.11 100.23 103.11 *100.20 100.28 *100.20 100.28 100.16 *100.8 100.16 *100.8 100.16 •100.8 U0.16 *100 100.12 *100 100.12 *100 100.12 *100 100.12 99.20 *99.8 99.20 99.28 *99.16 99.23 *99.16 99.28 *99.16 99.28 *98. 20 99 *98.20 99 *98.24 99.4 *98.24 99.4 •98.24 99.4 •98.24 99.4 98.12 *98 98.12 *98.8 98.20 *98.8 98.20 ♦98.8 98.20 ♦98 8 98.20 97.24 *97.12 97.24 *97.20 98 *97.20 98 •97.20 98 •97.20 98 97.20 *97.8 97.20 *97.12 97.24 *97.12 97.24 *97.12 97.24 *97.12 97.24 *97 ,12 *97 8 bond ; *99.16 transaction. FOR Jan.1 No. Low {g 109% 40 WEEK ENDED MAY 5 BONDS \ New York Stock Interest Period Week's Range Exchange Last or Sale Price Low June-Dec 10 Range Since Jan. 1 Sold No. High Low •75 " June-Dec 5%s series No. 11 108ft 110 Bonds Friday's Bid ft Asked High <74* series No. ; 1,000 100.28 ♦100.20 *100.3 100.8 *98 ; Range Since Sold 100.28 •100.20 100.16 *99.28 Friday Bonds High i 101.12 1952-1954 1953-1955 2s Bid ft Asked 108 Sales for • May 5 108.4 t Vis series No. 9 109 ft Friday , . Low- High 102.1 *109.18 , • .—June-Dec Low High Week's Range Last . May 4 108.4 1968-1963 New York City 2% Corporate Stock 1980 Low High i. Thursday 2 %■_ Low Transit Unification Issue— •102.24 Wednesday May 2 •101.31 1956-1959 Odd lot transaction, Friday • Tuesday - May 1 Low High 102.3 RANGE ' BONDS 102.27 Monday \ ; *108.8? 108.11 2s serials of '50 due Feb 15 1960 2s serials of '50 due Feb 15 1961 2s serials of '50 due Feb 15 1962 96.24 Mar 23 ,.;r ; High, *102.25 Reconstruction ft Development 25-year 3s 1972 9 i *102.1! 2s serials of '50 due Feb 15 1959 New York Stock S2d 1955-1990 2s serials of '50 due Feb 15 1956 2s serials of '50 due Feb 15 1957 2s serials of '50 due Feb 15 1958 and the month when the case more 1851-1964 2s serials of '50 due Feb 15 1953 2s serials of *50 due Feb 15 1954 2s serials of *50 due Feb 15 1955 •Bid or Apr. 29 Low 2%a_ International 99.11 in each one 2%a_ Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury __ 103.9 BONDS Treasury 3a Treasury Jl%a_ Treasury 2Via_ Treasury 2%a_ Treasury 2Via_ Treasury 2Vis_ Treasury 2%a_ 1 May Oct 101.13 indicate represent EXCHANGE . 111.10 May 1 102.19 Apr 101.12 "Interest Period" NEW YORK STOCK , 108.4 — Feb V Highest Jan 104.9 . _ 108.4 _ 110.23 Mar headed Fl|«re» after decimal ptint LOW AND HIGH SALE PRICES• Range for Previous Lowest column 's; i June-Dec High 69% 76%, f .'/W—i 7J% ••*75 -- f : i • 76 67% 76% 63% 65% 66 ' Ifwrt : 75 ' 3%s -series No.-12 3%s series No. June-Dee . 13- *75 • June-Dec * 3%s series No. 14- "< June-Dec — •J,' *76 3 %'s series No. 15 16 June-Dec 3%» series No. 18 —June-Dec June-Dec *76 8 Vis series No. 21 June-Dee June-Dee 8%s series No. 24- Wertheim & co. —June-Dec *73% 120 67 79 77% In' 74 . -72% *74% 76 65% 78 63% 75 ■ i . " ^,«L". ui-4. > —' " " Teletype Broadway* New Yerk NY *73% June-Dec •73% June-Dec *73% 3%s series No. 28 * - 1-1693 June-Dee- 3Vie series No. 26 3Vis series No. 2T June-Dec *75 3%s series No. 29 : -*• 70 3Vis series No. 25 . Members New York Stock Firbiagu REctor 2-2300 75 <64%. ' ii'.'V-r *73% ■ June-Dec ; 75 -I—,' •76 3%s aeries No. 22 74% 65% *73% June-Dec ■> 8 Vis series No. 23 7* elephone '' ' <• • *73% 8%s series No. 20. ' 1 *73% 8%s series No. 19. Foreign Securities • *73% : June-Dee 68 64% 65 - ' *73% June-Dec 3%s series No. 17- * 66% 63% - 75%-T." ' 3 Vis series No. ' ! *73% June-Dee *75 •'j 'i-r.''. w—-' ' "> V ~ '* 'v .v-,;' - ■ . , ' ■'> , 71% • • 70 66 65... t. 68 64% ' r".: *• r 64 . x :*' f -r— 70 66 66 : 3%s series No. 30 Brisbane (City) sinking fund 5s 1957 Sinking fund gold 5s 1958 Sinking fund gold 6s 1950 Foreign Government and Municipal Agricultural Mortgage Bank (Colombia) Oaldae (Dept of) fAGuaranteed sinking fund 6s 1947 AGuaranteed sinking fund 6s 1948 Feb-Aug x —^ iAExternal sinking fund 7s *76% AExternal AExternal 50-year 3s 1 t bonds 1978 reduced to Stamped s f 3.5%) reduced to AExternal Stamped s f reduced to 3.375% ) A7s (Central Ry) Stamped A A 1957 97 % 96% to ■ 93% 96 46% 54% A 46% 53 55 46 % 53 46% 54% r. * 51% ' 51% 2 52% 52% 2 47 38% 53 54% 46% 13vX 38% S 53 35 40% 102% 103% 103% 85 104% 102 104 21 97% 97% 96% 94% 9»% 132 98 96% 95 % 53 46% *51% 94% 97% 73 83% 96% 97 21 90 9/ 96% 96% 43 83% 107% 107 % 6 106 115% 115% 2 114% Carlsbad (City) Mar-Sept 8s 1954 101% 1942 AExternal sinking fund 6s Feb ! A 6s assented Feb 1961 assented 102% 107% 101% 103 ■' 60 38% AExternal sinking fund A6s assented 1962 ■ •. 1962— *45% 'mm'—.' — 1957 41 5 28% 35% 46 46 46 5 36% 46 * 33% 33% April-Ocf *45% *33 — mmmm " ' — ' mrn-m - — — April-Ocf 86 86 .4 73 86 2 53 65 — 73 84 foreign securities FIRM TRADING MARKETS 64% 83 Financial Inetitutione April-Ocf 64% — 64% *88 64% 8 53 65 76 88 57 69 25 51% 63% 17 67% 80 — (Interest 69 69 68 68% 78% — 80., V 4 1979 April-Ocf (Plan B) — June-Dec June-Dec 1 Vis series No. 4— June-Dec I Vis series No. 5 June-Dec J Vis series No. 7 65% 78% June-Dec •75 80 73 73 June-Dec •75 80 67% 75% •73 74 73% 78% 78 65% 14 77 ,73% 65% 74 50 Broad St., New York 4, n. y. 7.5%' 65% •73 > , 77 75% r.ARL MARKS & CO IMC foreign securities specialists Telephone HAnover 2-0050 Teletype NY 1-971 28% 35 45% 45% 28% 3 ♦45% •33 89 64% 34 36% 33% 70 *84 46% 33% *45% 55% April-Ocf 34 36% 33% 3 For 40% 47 28% 70 - 60 35 36% 5 *33 Aprll-Ocl 6s 40% 100% 106% 28% Mar-Sepf Sept 1961 ■ . ♦33 Aprif-Oct Feb-Aug Feb-Aug ARy external sinking fund 6s Jan 1961—Jen-July ; A6s assented Jan 1961—— Jen-July AExternal sinking fund 6s Sept 1961—Mar-Sept A 6s *45% Aprtt-Oct 1961 26 '1 ; - '■ . 101% 102 38% May-Nor AExternal sinking fund 6s 1960 A0s assented 1960 • 64 ' *58 Jan-July (Dept of) 30-yr 3s s f $ bds 1979-Jan-Jnfg f A Chile (Republic) external s f 7s 1042 May-No® IA 7s assented \. 100% 101% *106% 107 68% June-Dec IOi% Jen-July 116% June-Dec 29 Aprli-Ocf , 75 5%s series No. 1 page 1960 2 8Vis series No. 3 see 4s 35 ■ 89 J Vis series No. 2 footnotes 101 Vs 39% ;f *33 f $ bonds 1073-Jan-Jttly 89 — funding bonds of 1931 due 1951. Stamped pursuant to Plan A (Interest »or s 107% 115% • % I Vis series No. 8 104% 100 ft 96% 107% 96% -June-Dec External dollar bonds of 1944 101% — (interest 1979 Plan A 104% 6 : • s 100 ft 100 ft Cauca Val (Interest 1978 reduced to 3.375%) (Dominion of) 3 96 ■ June-Dec due Plan A 65 101% (Interest 1952 pursuant reduced 3.5%) 103% -96% June-Dec 1979 1927 to 103% 103 % : Feb-Aug* June-Dec 65 » 9. April-Ocf Plan 3.375% ) 6Vis of pursuant ■' " *■. 30-yr 3s 25-year 3 Vis 1961 25-year 2%s 1974 3 4 June-Dec 1941 Canada 52 Feb-Aug Jon-July 1926 due to 77% 52 102% 102% Feb-Aug 1978 6%s of pursuant 76% 95% •51% June-Dec external 8s — — 38% June-Dec Stamped pursuant to Plan AExternal —— •- Jan-July 6s 1955 External sinking fund 7s 1955 (U 8 of) 75 71% mmm. *51% 51% June-Dec 20-year 3%s 1967 20-year 3 Vis 196616-year 3%s 1962 Belgium (Kingdom of) \ ' June-Dec ; • — 51% '' 1957-April-Ocf 1957-April-Oct Jan-July Antwerp (City) external 5s 1958 (Commonwealth) 5s 1955 10-year 3 Vis 1956— 10-year 3 Vis 1957 103% 104 Ifar-Sept- ■■■ ■' 51% 1957—April-Ocf sink fund 7s 3rd ser sec 1 ser sink fund 7s 2nd ser sec ' 95% 51 % C 1945—Jan-July 7s ser D 1945_Jan-July Australia IA Brazil 95% ser sinking fund AExternal sinking fund 7s 1st *76% r April-Oct (Kingdom of Norway) 4s 1968 Afar-Sept lAAntloquia (Dept) collateral 7s A 1945 Jan -July IAExternal sinking fund 7s ser B 1945—Jan-July IAExternal -mkL ■ • — Akershu* ! *75 _June-Dec — 33% 46% 46 % 28 34 i 26 (1906) The Commercial and Financial Chronicle . . . Monday, May 8, 1950 NEW YORK BOND RECORD RANGE ; Friday Period WEEK ENDED or , Sale Price Friday's Bonds Friday Jan. 1 High Low No. BONDS New York Stock ARome —May-Nov *45% —' Mi .May-Nov 33% Extl sink fund dollar bonds 2-3s 1993—June-Dec 33% June-Dec - assented A68 1962 AChlnese A6s of A6s 1928 Oct of 3s ext 1927 33 1 28% 47 5 33 1 47 35% 44 A8s external *33 28% 33 Stamped 39 40 33 % 33 % 5% r 28% .5% 4 Vi *87 4%s external • ■' . 87 46% 87 ' 46% Jan-July 1961 __ 47% . ^ ' Aprii-Oct May-Nor *52 *52 1977 87% 47% 82%', 83 28 11 110 2 110 stamped external Stamped (Dept Stamped assented Jan-July reduced (interest External gold 5%s External gold 4%s 3s extl f dollar 90 72% 28 109 of) 97% 88% 88 % 89% 52 75% 7s __" 1976 1 Jan-July 1976_u—Jan-July 1 • 63 62 %i * — ~9% 63 49% 1% to 3% 1977 9% 9% 7 • 9% 68% 15 62% 40% 41% 40 » 36% — 102 MM 34% 41% 59 62 (Colombia) 6%s f $ bonds s 1954 61 MM 64 36% __ 7s 1957—April-Oct 51% Jan-July 38 ■ 62 71 11% "7 " Mexican Irrigation— |A4%s assented (1922 agreement) A 4 % s small 1943 ANew assented (1942 46% ALarge — 1 — — >-;> A5s 1945—Quar-Jan ^____ -- — — *ll«/4 10 ASmall *11 12 11 12 *11% 11 12 -- *5% ~5% ~3 5'/a 9 % "9% "9 "8% "9% *8% 9V4 — 7% 9% 11% 10 1904 assented to (1922 , A4s 4 |A4s of 1954 June-Dec assented (1942 agree't) (assented to 1922 1910 ment) »* due agreement) new 1968—Jan-July 1945 new "5% (1942 agree't) 1963—Jan-July ASmall tATreasury 6s of agreement) 1913 (assented to 1922 1933 Jan-July ASmall A6s new assented (1942 13% (City of) 6%s 1952 to Plan reduced to 2.125%) 1958 2008 A to Plan reduced to 2.125%) A *43 — May-Nou Mar-Sept Municipal Bank extl sink fund 5s 1970—June-Dec (City) sinking fund 4%s 1955 April-Oct 5s - 98% ext to 1994 June-Dec External secured ref 3 Vis series B 1967—Mar-Sept to 2.125% ) (Republic of) ANat loan extl ANat loan extl 6s 1st f 6s (Republic of) 1961 series 1961 gold 6s 1940 stamped pursuant (City of) pursuant April-Ocf to Plan A Stamped pursuant to 99 97% 2 93% debentures 3s debentures A pursuant to Plan A reduced to 2%) 2012 A7s external loan of 1926 5 92 95% 98 99% 95 98% *98 — 97% 99 MM' 97% 2 *101 __ __ — • Stamped pursuant to Plan ; reduced to 2.2S%) 2004 1967 A page 29. 96% 10 88% 103 *44 103 96'% 105 44. 44 31 MM *35% - 27% 27% 27% 27% 28% 27% 28% - 3 85 19 38 7% 97 95% ioo 103% 100% 1J 90% 95% 100% 91 97% 99% 100 100% 100 96% 100 % 97 113% 114% 99% 107 1 100% 74 *101 __ 104% 105% 10 86 100% 100% 90% 60 104% 8 99% 104% 79 101 130 89% 97% 21 99% 100% 99% 101% 63 25 96% 517 107% 114% 18 99% 100% 97% 102 102% 26 117 118% 502 109% 118% 106% 106% 106% 25 105% 106% June-Dec 126% 125% 126% 724 115% __Feb-Aug 1962__Aprii-Oct 101% 101% 101% 34 100% 101% io3% 103% 104 43 103% 104 V2 104% 104% 105% 58 104% 105"% 1959_ debenture 3s 1969 __ 85 ' 85 April-Ocf J—May-Nov *128%' 120 May-Nov July 1952__Mar-Sept 4%s A 1964 June-Dec Atlantic Refining 2%s debentures 85 *81 __ '1 83 101% 103 126% 76% 85 80 84 , 1995-—— Stamped 4s July 1 1995 Atlanta Si Charlotte Air Line Ry— First mortgage 3%s 1963 Atlantic Coast first consol 4s 1966——Jan-July 4:- 128% 129 120 — *104 64 120 105 • 1 127 131% 119% 120'/2 103 104% 104 V®. 103% 103% 103% 266 102% 106" 105% 107% 44 102% 107% 101% 101% 101% 23 101% 102% B Baltimore & Ohio RR— First mortgage 4s series A July 1975 April-Oct First mortgage 5% series B (4*1, fixed 89% 89% 90% 24 83% 94 93% 93% 94% 30 92 % 98 "—June-Dec 58 57 58 83 56% 65% r__Mar-Sept -___Mar-Sept 57 % 56% 57% 113 56% 64% 57% 56% 57% 72 56% 64% contingent interest) July 1975_April-Oct Refunding and general mortgage 5% (2% < fixed and 3% contingent interest)—* Series G due Dec ; > 1 1995— Series K due March 1 2000 due March 1 1996 Ref M and general and Series mortgage 6% (2%% contingent interest)— 3%% J due Dec 1995 1 June-Dec Toledo Cincinnati First lien and 7% 13 68 >/4 86 65% 74% 46% 46% 264 45% 53% 86% 86 86% 11 85'% 89% 67 66 67 7 65'% 71% — 79 79 3 79 82 A 1980_Jan-July division ref M 4s series D refunding 4s 4s stamped 1951 Beech Creek Extension 1985_Jan-July 1951 Jan-July Jan-July April-Oct . first 3%s 1951 Telephone of Pa 5s series C 1960 April-Ocf Beneficial Industrial Loan 2%s debs 1961-May-Nov 3%s sinking fund debentures 1964_. „Feb-Aug Bethlehem Steel Corp— Consol Consol 29% Boston 29% mortgage 2%s series I 1970 mortgage 2%s series J 1976 mortgage 3s series K 1979 Jan-July May-Nou 87 83 4 88 87 83 13 M__ *100% ' 99% 99% 22 y8 29% 8% 7% 8% 15%/ 9 & 99% 8% 2 8% 7 Vi 7 Vi 3 7% 10 9% Jan-July *36 Vi 22 5 101 % 101% 4 101% 101% 11 105% 105 % 101% Jan-July 8 First mortgage 4s: series RR I960Jan-July Alnc mortgage 4%s series A July 1970—May-Noy 80 80% *102 *__ (Ernesto) Co 7s 1954 Feb-Aug Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sepf 71% 71 47 d46 % 39 Buffalo 33% 38 Bush 50 % 54 10 37% 44% 36% April-Oct 54 58 __ 40% 40% 43 48 36% 36% *53 April-Ocf *451/a June-Dec (interest 48 Vi *35Vi May-Noo *50* Bush 38 __ 42 __ 1976 —Jan-July 100% 102 101 102 104 105 % 102 83 102% 80 72 33 71 52 51 46% *104 105 102 102 102 99% 105 104% 78 56%-; 59 105% 1 102 105% 101% 101% 1 100% 102 102'% 102% 101% 1975-May-Nov 27 102'% 103% Terminal Pittsburgh Ry— 4%s first 12 1957— 4s 1952—: 1955 — Buildings Canada Southern consol 46% 43% 49% Guaranteed Guaranteed gold Guaranteed gold Guaranteed gold 4%s gold 4%s 4%s 31% 36% 48% 50 Canadian 34% 42 5s gtd 63 May-Nov April-Oct < :____Jan-July 98% 106 I960——April-Oct gtd 5s A 1962—April-Oct 1957 Feb-Aug 24 100 106 103'% 63 105 104% — 112% 113 104% 100, 104% 115% 34 39% 1951 116'% 19 112% 114'% 112% 112% 6 112% 114 103% 103% 112% —1—Mar-Sepf 5 103% 105 103% 104% 133 100 104% Pacific Ry— conv debs 4%s 69 102%. 98 106 106 103% 104 62 101% 5 *115% 115% ^.June-Dec 1956— 99 103% 103% *104 % 103% Jan-July^ 1955. 63% 101 % 102% Capital Airlines, Inc— 4s *41% 5s 38% — 49% 99 59 California Electric Power first 3s 1976—June-Dec California Oregon Power 3%s 1974 May-Noy 4% 42 Co Canadian National Ry— A June-Dec 10 t'V (interest June-Dec modified Terminal Consolidated 54 (interest 1968 Rochester & Stamped 48 122'% 48 32 A 54 2%s 93 121 % 40% 1 mortgage Niagara Eiec first mtge 2%s 93 100% 80 ABreda 37% 87 Maine RR— General *39 87 104 mortgage series 5s AC 1967 ___Mar-Sepf First mortgage 5s series II 1955 May-Nou First mortgage 4%s series JJ 1961— April-Oct Buffalo Jan-July i,r 100% — 121% 121% First 14 8% 65% 46% May-Nou ser Bangor & Aroostook RR— Consolidated 68 May Virginia- div first mortgage 5% (3%% fixed & 1 % % conting int) 22 7% !14 (interest 1966 60 __ *79 90% first gold 4s July. 1995——Quar-Jan Products Co 5s 1966, Aprii-Oct Atchison Topeka & Santa Fe— • i 22% 8% — (interest stamped pursuant to Plan (Interest reduced to 2.25% ) 2004 see 96% 102 *103% 106 June-Dec due 7"% 118 Arbor 4s 10 5% June-Dec 1971— Tobacco Co debentures 7 5% 103% 103% P W 98% 95'/a April-Ocf 1946 i footnotes 96% 8% Feb-Aug reduced to 2.5% ) 1999— A«a external sinking fund gold For 23 of)— Plan 12 __—April-Ocf 3%s convertible 99% A 2012 (State |A8s external loan of 1921 1a 99% 95% Jan-July Feb-Aug Stamped 96% 19 95% April-Ocf 2%) 80% June-Dec 1957-— 8'western 22 Jan-July 1953 to 95 79% . 2001 reduced 86 % 79% __ June-Dec debentures A4%s convertible income Feb 1 2010: 99 7% Plan Stamped pursuant 93 95 __ 100% 99% 1973 Pittsburgh Like Erie & West Refunding 4s series A 1980 99% *8% to Bio Grande do Sul 92% 81% __ 96% 1987— convertible Consol reduced to 2.375% ) AExternal; secured 6Vis A 92 86 105% 105% 113% 1982_ 37 97% __ April-Oct 8s 1946 82% *104 105% Aprii-Oct 2%s debentures 49 97% 1947—April-Ocf Plan 21 COMPANIES „ __ Jan-July 32 99 Mar-Sepf Mar-Sepf 1950 to 134 % 91 5% —June-Dec 1961_ 49 __ 99 '/a April-Oct 7s April-Oct ________ 1986____: 38% 98% April-Ocf 1958 (Interest reduced to 2.375%) 2001 TVis 1966 stamped pursuant to Plan (Interest reduced to 2.25%) 2006 Stamped 1975— 33 98% I960—_June-Dec 2nd series loan sink fund lARlo de Janeiro 61% — (interest 1959 A4Vis assented 1968 AExternal sinking fund gold 8s A4Vis assented 1963 Porto Alegre (City of) — •s Mar-Sept 2008 external 7s f s s A4%s assented lAStabllization — 99 May-Nov lAPernambuco (State of) 7s 1947 Stamped pursuant to Plan A 91% *7 < INDUSTRIAL Feb-Ana Bell 1963 134 % 93 79% __ May-Nov 2 debentures — AStamped assented Stamped mod 3Vis reduced 57 — __ *36% Oslo (Republic) 59 *36'A Mar-Sepf April-Oct lAPoland debentures t fixed External sinking fund 4Vis 1965———April-Oct 4s sinking fund external loan 1963 —Feb-Aug 8Vis sinking fund external 1957— APeru deductions 2%s 13% (interest (Kingdom) 33/4S 1957 (Kingdom of) 4Vis 1956 1967 Series Mar -Sent Netherlands Panama 13% 11% (interest 2008 Norway 12 90 CO Mar-Sept ASecured extl sinking fund 6%s 1959—_Mar-Sepf Stamped pursuant 9 96%. *__ __ Aprii-Oct 3%s 1980 2%s V ASecured etl sinking fund 6%s Stamped pursuant 36 13% «■ April-Oct - (State)— 13% 131/4 agree't) 1963—Jan-July __ Mlnas Geraes 90 __ and 1% — ASmall A Milan 1952__ 2%s convertible __ assented 14 92% *" Jan-July agree- ASmall A4s AND first General unified * „• 12 *__ 79% Feb-Aug 6% 9% 9% — 14% 7 *80 __ __ 1978—Feb-Aug Jan-July 14% 9% *121 90 1984— 7 96 9% 10 *134% __ May-Nov . 1963—Jan-July 24 *126 __ Feb-Aug Southern Power General : 28 13 Telegraph Co— A — (1942 agree't) ALarge A4s of ' — assented new agreem't) — 13 96 __ May-Nov 1978-_June-Dec 1958- >23As debentures Ann — 73 18'% 96 3s debentures 1966 June-Dec American Bosch Corp 3%s s f debs 1964—May-Nou American & Foreign Power deb 5s 2030—Mar-Sept American Telephone & — — (1922 1979 American Airlines ~6% -- ASmall IA5s assented Great American L- __ 85 66 *5% May-Nov Albany Alleghany Si Western 1st gtd 4s 1998: April-Ocf Allis-Chalmers Mfg 2s debentures 1956:.—Mar-Sepf 54 Mexico Quar-Jan 82 1 11% May-Nov . mortgage 3%s 1972_Jan-July & Susquehanna RR 4%s 1975 April-Oct 2%s (Republic of) — IA 5s of 1899 due 1945 1 71% ; __ Feb-Aug Valley (Dept of) (City) external 7s 1953 assented Alabama 40% ~5% 73% 84 > 2%s ~6% 67 11% ■ Jan-July 1979— 3%s debentures *6% 85'% 75 ' ■ 2%s debentures -- 73% 71% __ May-Nov RAILROAD . 1968—Jan-July 67% 84 __ June-Dec conversion readjustment Cauca A4Vis 1943—May-Nov agrcem't) 88 71% See Cauca ASmall 1968 ALarge ASmall external A Warsaw 16% 35 2 38 41% 60% MM 51%.. 52 . __ 35 62 MM 13 *11% __ June-Dec 1978—— 38 62' *53 __ —June-Dec readjustment conversion AAdriatlc Electric Co 7s 43 *1 36% Jan-July ~ 77 87 80 __ _May-Nov 1958 7s sinking fund 6s 1960 Alabama 38% — 68 90 71 June-Dcc 11% 19 38 73% — 1958 70 103 30 — __ 65 *71 71% -April-Ocf 1962 4-4%-4%s external readjustment 3%s t y. external 13% 9 ,5 'J 56 73% 11% ' Jan-July 1952 -J 55 11% -- Utility- 7s 80-year 3s of) External 80 55% 2 15 *101% Mar-Sept Altaly (Kingdom of) 7s 1951 AJugoslavia (State Mtge Bank) AMedellin . 68% Feb-Anp 1947 55 10 % 10%«. 10% May-Nou 1968 Credit Institute AExternal 2012 external 3%-4%-4ft6 external ? V Jan-July 75 65 ' 73% "3 63 55 • 1976—1—Jan-July 1967 A *80%. * 63 72 A 2%) (Kingdom) assented Valle Del . 57 *__ __ Jan-July sinking fund 6s 1964— 3%-4-4%s (dollar bond of 1937) — 92% - 61 % Mar-Sepf Plan to High 57 *62 __ ' 2004__Jan-JuIy AExternal 99% 85% _— Public 1956 County Council 3%s 1957— I'AUruguay (Republic) external 8s 1946 55 90% 26 Helslngfors (City) external 6%s 1960 April-Oct, Irish Free State extl sink fund 5s I960;—May-Nov Italian (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium tor Public Works 1% to 3% 1977 —Jan-July Italian 50 13 97% -1 " B 51 98% 96%- - series to Jan, 1 Low *62 __ Jan-July 1962 External <1 51 3 *75 __ Jan-July Sydney 40% 96%» Greek Government— A7s part paid 1964 A6s part paid 35 _. 57% (interest external (Prov A4%s 114 ^Feb-Aup 1962 bonds Jan (Republic 39 98 98% Jan-June — f dollar bonds Jan |A7s A Slovenes series B secured ASllesia 87 19% . April-Oct 1955 f dollar bonds Jan l s AEstonia loan reduced & secured A7s •> April-Oct (Republic of)— s *38% —* to , s Plan 1999 pursuant Croats ' A8s . of)— 6%) extended to 1960 lADenmark 20-year external 6s 1942 extl to No. A Jan-July water (Interest Serbs ' 4s Plan pursuant to Plan A (Interest reduced to 2.25%) A6s external dollar loan 1968 AExternal 30-year 3s sinking fund $ bonds 1978 Czechoslovakia (State) — 3%s extl to 1999 1950 pursuant Range Since Sold *70 __ May-Nov ___ pursuant High Bonds (interest 4 Cundlnamarca El Salvador A 57 — 2001 * 25 27% ' __■ A7s 43% 77% 33 53 Friday's Stamped 48'/® 48% ■>' ' 87 ^ " 1936 49% 47% . " - MM 86'% 86% June-Dec May-Nov May-Nov June-Dec 79% 40% 1 Plan reduced to 2.5% ) 87 29 to (interest reduced to 2.5%) 7 MM *52 -Feb-Aug "< 78%: ' MM. 6s 33% ' 1952 reduced to 2%) 2012 San Paulo (State of) — 39 — 8s __ May-Nov sinking fund 1957—May-Nov Stamped pursuant to Plan A (interest 33 Vi *45% or Bid & Asked A6%s extl secured 32 Vi 36% April-Oct {ASinking fund 7s of 1927 due 1947 Copenhagen (City) 5s 1952 25-year gold 4%s 1953 ACosta Rica (Republic of) 7s 1951 * April-Oct May-Nov 2.375%) to 28% sinking fund dollar bonds 1970—April-Oct (Republic of) 1952 pursuant reduced 47 June-Dec SAColombia Mortgage Bank 6%s 1947 S A Sinking fund 7s of 1926 due 1946 Cuba Stamped 44% 28% 37% 47 Mar-Sept 1961 Jan 6%s (City) *45% jL Mar -Sept 1960 (Hukuang Ry) 5s 1951 (Republic of) — Colombia 40 3 Paulo May-Nov 1962 — AChliean Consol Municipal 7s A7s assented I960—-. (City of) May-Nov April-Oct 1961 assented 34% __ '-MM 33 June-Dec noao 35% ::46&' 46 AGuaranteed sinking fund 6s 1961—-—April-Oct A6s 28% 26% , 33 ■: June-Dec ,v 6%s assented 1961 1 33% *.* *33 46Vi 37 33'% *45% June-Dec 1957 ASlnklng fund 6%s 1961 39 ' M 32% AGuaranteed sinking fund 6s Sale Price ' 33 % Mortgage Bank 6%s A6%s assented 1957 Last Period Low ' A6s assented 1963 Week's Range Interest Exchange High Chile AChlle 5 Range Since Sold Bid Sc Asked Low (Republic) cont ^External sinking fund 6s 1963 MAY Week's Range Last Interest BONDS New York Stock Exchange FOR debenture series A stock (perpetual) 1960 4s conv inc debs series Jan-July Mar-Sept B I960. _Mar-Sepf 103% 73%101 78% 78% 100% 101% 17: 74 85% 62 83 106% Volume 171 Number 4905 The Commercial and Financial Chronicle .. . (1907) NEW YORK BOND RECORD RANGE Friday V rBONDS New York Stock Interest Last Feriod Sale Price Exchange Carthage & Adirondack Ry— First mortgage guaranteed Celanese Corp 3s debentures Celotex 4s or Mar-Sept 1981 June-Dec 1965 First Georgia mortgage AGen A 1995 mortgage 4Vis series A Jan 1 A General mortgage 3 Vis 1987 2 2 . f 58 New A' . 62% *64 First Morris 64 ■ 54 62 43 Vi " 44% 43 105 105 Feb-Aug .Feb-Aug j 1% 1 103 J 104 103% R & A div, Second first consol consolidated Chicago Burlington General First 4s and First and First and 1st fz ref & gold 4s 4s 1989—Jan-July Jan-July 104 4 - - 102 V2 103% 9 126 ,S 111 RR— *"— mortgage inc 5s conv mtge 4 Vis Jan mortgage 4Vis inc mortgage 1 1997 ill3/8 4s mortgage t 2%s 40 3s A series & 1983 1994 B Jan 1 68% 1989 series F April 1st 27/8s Jan-July 2019-Apnl Union 1st First mortgage ..Jan-July 84% 53 16 51% 62 27 40% 951% 7 89 ... 6 100 54 53% 54% \ 196 99 99'A *103% 104 1st 4s first coll trust 4s *102% 83% 83%. 74% ! 741/2 99% 103% Commonwealth guaranteed Edison 1950 -./'A. ' 103 V* 79% 72% 102% 104 106 102% General 104 104 1 104% „ 110% 102 '/a 102 Va 101% 101% 101% 90 8034 90 10 A4s 80% 80% mtge mtge 2%s 2%s First and refund First and 2%s refund mtge 66% refunding 3s series April-Oct April-Oct 112 % 67 V4 67% 14 102 % 106 % 68 106% 94% 69% 19 92% 100% 100% 8 100% 101 102% 102% 100% 6 102% 104 *99% 100% 96% 99% < 101^ 82 98% G llf 1st ref M 2%s 1st ref M 2%s ref M 2%s R ser 106% 70% 63% 67% First and 57 62 General 82 87 First and 107% General 107% Gulf First 3s 106% 106 % 70 72 7 32 100% 101 % 104%.105% 5 37 D 105% U ser debs 107% 108 12 Power first Baking mtge 2%s debentures 3s 106% 107% June-Dec § A Deposit 5A7%s series gold receipts A 100% 104% 100% page 10 Util 4s 2%s B A Mar-Sept^ 196f%Map-Nov Jan-July Jan-July -—Jan-July 103% 103% 25 103% 68% 69% 104% 101% '102%:. 69 103 59 59 70% 60 103 103 12 90 13 60 102% 103% " 89<& 89% 102% 102 % 102% 106 88% 105% 106 92% 102 7 15 103 1057/a 107% *128 129 125% 124% 124% 10 122 Va 125 1990—.Jan-July 99% 99% 99% 18 100 % 102 Jan-July Jan-July 99% 99 % 99% 32 99% 102 94 17 1975—* July first 3s 1968 M 93% 93% . * 99 % 102 % 85% 93 % 95% 97% " *96% 95% 97% *65 67 67 ~8% 7% 9 103% 103% 102% 104 103% 104% 8% 8% 103% 103% 104 747/b 1 74% 79% 101% 101% 101'A 2 101'A 103% April 747/8 64% 64% 4 65 2%s 1976— 1978 Map-Nov *99% 100 r 62 /:71 —. - 67 99 »A . lOO'/a ApriZ-Oct 1969 2%s Jan-July 2015 D 1969—April-Oct Jan 2044——April Jan-July series B *11 Jan-July 1979 105 _.June-Dec Water first mtge 2%s 104% 105 //:.—* 1976—Mar-Sept —Jan-July Jan-July first/ 4%s. 1999 5s Feb 108 % Illinois First mortgage 3s series Illinois Central RR— Bell 1957—— April-Oct *99% 100 99% 100% 125% 125% 89 'A t ~5 125% 128'A 100 Va 100 y2 50 99% 101 y8 25 <; 89'A 89% .90% 93 68 Va 67% 68'A 61 63 70 38 V2 37% 39 85 27 '• 42 107% 106% 107 3 104 % 105% Consol 11 100% 100% First First 105% Extended 102% First *102% 104% 102 101 101% *— 99% 13 105 % 105% 105% June-Dec 125 17 11 106 % 106% May-AZoy 1979-Jan-July 1 124 % 125 101 161 gold gold 109% 109% .Jan-July *104'% 104% 101 *101% 101 101 trust gold April-Oct 1955 —— Refunding 105% 106% Debenture 115 127% Cairo lines —Mar-Sept ApriZ-Oct 1952.—, 4s 3%s 1952 4s 104% 104% 104% *105% 106% 1975—_Mar-Sepf 104 114V" 114% *103% 104 1965_„Jan -July 11104 105 *93 ' „ /_:.• 11108% 116% 104 1953 Div-first gold Joint first refund 5s series A First and First 103% refund mortgage 4s refunding 4%s series C 49% Illinois Terminal 35 Indiana Illinois & Iowa first gold Indianapolis Union Ry Co— 83 ,/ 89 27% 27% 28% 33 27% 32% 34% 34% 6 32 % 35% 33% 35% *33% ? <102 ; 2 — *107 v. <102 103% Jan-July 4s 1950-Jan-JuZp AFirst 6s series A Northern RR— 195,2 5s series B 94'% 96% 101% 100% 100 5/a 102V4 102% 100% 101% 100 % 101 101% 101% 101% 101% *100% 100% 100% *101% 102% 102% *101% 102 104 1.00 100 95% 96'A 97 *99% 100 103 Va 106 87 100% 95% 97 102 V* 130 103% 104% 100 VB 101% 2 ; 94 13 96 99% v— 100 100% 1952 1956— — *93 89 88 100%; — 89% 83 April-Oct 97% 93 VB 96 81% Jan-July Jan-July deb 6s 1944.ApriZ-Oct Inter Rys Central America 1st 5s B 1972—Map-Nov 41 40% 42 ' 92 176 32% 42 % 83% 83% 2 75 86 83 Va 83 Va 83% 5 75 86 60% 60% 6 60% 97% 97 Va 99 5 96 72 75 14 72 76% 2 102 103% : 1956- 62 Va 100 II *101 / *103% 104% 95% 93 101% i Jan-July Adjustments 6s series A July 18 -1'/ Refunding and imp 2%s series C 1986—June-Dec gold 5s series C §AInternational Hydro-Elec 102 1970 108 *100% 101% series D 1963_June-Dec Ry 4s series A ^International Great AFirst 1975_April-Oct June-Dec 1963_June-Dec 105% 106% *100% 1951 1963:. 94"% 103% *102% 1951 95% 34% 94% 102% n 19 ioi% *101 Jan-July Feb-Aug Jan-July Jan-July Springfield Division first gold 3%s 1951_Jan-July Western Lines first gold 4s 1951. Feb-Aug Registered Feb-Aug Illinois Central and Chicago St L & N O-rf first 106 102 V* *100% 102% gold 3%s 1953 gold 3s Division 104 103% 104% 1951——Jan-July Louisville Div & Term 102"% 10 105 107% 108 June-Dec 3s 11 105 *102% Feb-Aug Bridge gold 4s 1950 92%. 86 102% 1027/b 105 —May-Nov 1966 47% 31% 35 May-Noy 101% *35 Jan-July May-ZVoy 1955 St Louis Div and Term gold 3s Gold 3%s . 1951— 103%. 106 102% 52% *83% 106% 106% 103 28 94 % 35 11104% 11104"% i- 103 *50% %_ , 1 9 r 103% 104 103 - 88 ; — Omaha 104 *107% 105 103 % , 105 100% 106 110% 104% *100% 102% 104% 106% *104 108 104% 11109% 103% 102 Purchased 11103 102 106% 101% C 3%s 1951 3s sterling 1951 5s 7 — 108 series gold 4%s 102% 102 7/a *106% *101 Collateral trust gold — 102% 1951—___.—^——Jan-July 3%s first Refunding 4s 102% Litchfield April-Oct 95% 103% 19 ' / *104% 100% 99 % 102% 102 % it, 1974—May-Nou --Jan-July mortgage 3%s gold 4s 1951— Collateral 102% A 1981-Jan-July 1978—___—June-Dec B mortgage 4%-3%s ser A 1979 May-Nou Consol mortgage 5%-3%s series B 1979—May-ZVoo 101 % 100% 100% Telephone 2%s series Consol 106% '--Jan-July 29 1969 : series 107% 103 Map-Nov <ee . 6s 1976 107% AFirst footnotes 1974—Mar-Sept Mar-Sept 1956—May-Noo /' 101 mortgage 3 series A 1978 —.June-Dec Dayton Union Ry 3%s series B 1965—! June-Dec Deere & Co 2%s debentures 1965 April-Oct Delaware & Hudson 4s extended 1963 Map-Nov June-Dec1 A 105% D First 105% 105% *102% 103 Jan-July Jan-July *100 106% 103% A 1978 1961 1959 1973.. 3%s AAdjusted income 105% 105 deposit deceipts 1946—June-Dec receipts 1946 June-Dec 3s debs 4%s Household Finance Corp 2%s 1970 Hudson Coal first sink fund 5s ser A 1962_Jnne-Dec Hudson & Manhattan first 5s A 1957 Feb-Aug 105 §A6s series B deposit mortgage 87% 85% 70% H *101 114 Dayton Power & Lt first mtge 2%s 85% 1952 D 5s Hocking Valley Ry Jan-July 1961—Feb-Aug April-Oct Map-Nov —April-Oct ___ trust mortgage —April-Oct April-Oct ApriZ-Oct 1952— 87% 3%s series O 2000 inc mortgage 106% June-Dec 5s 98'% 85 110% RR— mtge inc *__ Crucible Steel Co of Am 1st mtge 3%s 1966 Map-Nov SACuba Northern Ry first 5%s 1942 June-Dec § A Deposit receipts first 97% 15 mtge 107% *107 _Jan-July 1981— 1962 63% 11 86% 106% 6278 105% ~8 *104 ApriZ-Oct Consolidated Natural Gas 2%s 1968 41 98% 65 1990 105% 106 V* 108% 109 /:• 1982_Mar-Sept 1976. 65 98% 104% 107% 105% 104% 104% Feb-Aug 1972 64% 86% F 108% 106 C series debentures 1st 11 — refunding 4s series States 100 100% 107% __ *108% refunding 3%s series Collateral 99% series mtge 106% 100 107% April-Oct debentures & Ohio Hackensack 1977-April-Oct 1972—June-Dec 1981 T ser Mobile 7 107' 110% *104 1982" mortgage 2%s series Q J010—Jan-July General mortgage 2%s scries R 1961___Jan-July A Green Bay & West debenture ctis A Feb ADebenture certificates B___— Feb Greyhoung Corp 3s debentures 1959 April-Oct 2 100 110% __ *152 General 83 '/ *110% Mar-Sept April-Oct General mortgage 2%s series P 61 *108% Mar-Sept Consolidated Gas Co of Bait City— General mortgage 4%s 1954 Consolidated Gas El Lt & Power (Bait) 1st ref M 2%s ser Q 1976. *"r 95 542 76 106 1956_May-Noy 1965 mortgage 3%S series N 61 1964—April-Oct mtge 3s series E debentures 1963 income 5s 83 6 3s first General mortgage 96 75 70 106% 107 5s 5s refunding 5s series 4%s 66'% 100 B C refund convertible First *67% 103% 117% Realty & Utilities Corp— conv €5% *100 A ser ser ser First : 113% 113% *69% 108 % 101% gold 5s 1995_Jan-July series Rubber Coast General 90 98% *99% 100 Va April-Oct & East General 102 96 83% 1 3%s (B F1 Co first Great Northern Ry Co— General 5%s series B 103% 100% — 13 April-Oct First and mtge Goodrich 110% 102 Va 8 *96 Co— refund consol General 110% Feb-Aug Map-Nov Consolidated Cigar Corp 3%s 1965 Consolidated Edison of New York— RR 113% 93% 89 106 % 101% 80 103 12 cons Certificates of deposit. Francisco Sugar collateral trust 106% 7 106 first A — Feb-Aug mortgage 3s series L 1977 First mortgage 3s series N 1978 3s. sinking fund debentures 1999 ACuba 77% 87 104% — 103% 103% *102%/ 1961—April-Oct /2%s s f debentures 1999—— Conn Ry & Lt 1st and ref 4%s 1951 Conn River Pwr sink fund 3%s A (N Y) AFirst and First : 89 % April-Oct' Railroad Co— ^Florida 103% 1 103% 103 % 106 103 Vb 21 106% 106% *103% Mar-Sept Feb-Aug Columbus & South Ohio Elec 3V4S 1970—May-Sept Columbus & Toledo first external 4s 1955_Feb-Aug Continental 7 97 % 67 56 99 ' June-Dec debentures March 1974 debentures August 1974 Consumers 1979 Southwestern first 5s stamped 1965—— 106% 1982 Columbia Gas System Inc— 3%s debentures 1973 > 2 95% 90 102% 74% 1991_Jan-July 1990_May-Noy Jan-July & Southern Ry— (stamped modified) 1980 Fuel & Iron Corp— conv 89% 106 % 106% * Jan-July First consol mtge 3%s series G 2000 Jan-July First consol mortgage 2s series H 1953_Mar-Sept Ohio Division first mortgage 3%s 1971-Mar-Sept " __ 83Vi 1970 First mortgage and coll trust 4s Columbia Gas & Electric Corp— 3%s debentures 1971 1st -V 105 60 50% 31 — Colorado 2%s 89% '_—Feb-Aug & First 71% \ 87 90 1 104 % 64 149 June-Dec Colorado ! 45 General mtge inc 4%s ser A Jan 2015 April First consol mortgage 3 Vis series E 1964.April-Oct 95% 165 Paso Erie 50% Pittsburgh RR— 3%s El 93 73'A 55%, 99 ._April-Oct 1966——June-Dec Illuminating 3s 3s 126% 86% — 65% 1969—Feb-Aug mortgage 5%s series A 1972 First mortgage 5s series B 1973 First mortgage 4%s series C 1977 and ' . 2 68% May-Now 1977 East Tenn Va & Georgia div first First 3s 95% June-Deo 1995 Elgin Joliet & Eastern Ry 3%s 1970 v Short Line first gtd 4%s Cleveland Union Terminals Co— First and 95% 67- June-Dec 4s Edison El 111 41% *87% 1952_Jan-July Cleveland 3s 95% 68% Jan-July 1958 gold 73% 54% 54% Cleveland Cincinnati Chic & St Louis Ry— General gold 4s 1993 June-Dec General 5s series B 1993 ...June-Dec Refunding and impt 4%s series E 1977—Jan-July Cincinnati Wab & Mich Div 3s mortgage 2%s 107 % • . 105 1 June-Dec 2%s 106% 5 *104% 105 June-Dec 1995 Co 69% — 1982_May-Sept <1961 Duquesne Light 65% 36 __ April 1993 42 64 Jan-July City Ice & Fuel 234s debentures City Investing Co 4s debentures 1961 Electric 14 76% Ry— ; 1959: Louis Division 89 IOIV'4 IOIV4 June-Dec Corp— 4%s 4s 68% *107% __ 86% fixed interest) 68 55 June-Dec Terminal— debentures D gold Firestone Tire mortgage gtd 3%s series E First mortgage 2%s series G 1974 C I T Financial Series (3% contingent 65 65% 65% Jan-July Lake— 36 126% 6414 April mtge 2%s 1915-April-Oct 1978 4 40% __ First & Salt 58'% 103 7/a 95% refunding 4 Vis series D 1962_Mar-Sept Cincinnati Gas & Elec First mortgage Cleveland t 81 58% 101 % 52 % 41% ;_Jan-July mortgage 2%s series G 1963 Chicago & Western Indiana conv 4s St i . 45 69% 881/4 1963—Jan-July First Cleveland '< fixed 1993^ 85% 58% 58% V 99% — *75 Station- 2%s High — r- 401/a 69% 1999—April Jan-July 1980—. 3Vis 39% RR— Pacific RR— A ser mortgage Cincinnati (3% Terminal & Tunnel 4%s 1961—„Map-Nov Detroit Tol & Ironton RR 2%s ser B 1976_Mar-Sept Dow Chemical ,2.35s debentures 110% 102 Low 85% May/ Detroit 112% 108% & ASecond 114 111% Jan. 1 No. — *127% refunding mtge 2%-4%s 1994.Jan-July Income 2%-4%s 1994 Jan-July Chicago Union and 114 ,7 10 : 102% 102% *99V'2 2003——April Jan-July Jan and First 120% *1001/4 101 % > First 104 % 15 A interest) 3s convertible debentures Detroit & Mack first lien 106 Va 119% Range Since Sold Div 1973_Map-Nov 1993 Detroit Edison 3s series H 1970 General and refund 2%s series-1 103'/a 101% 104% h"; 1101/4110% , April A Chicago St L & New Orleans 5s 1951 Memphis Division 1st. gold 4s 1951 Chicago Terre Haute & Southeastern First 101 5 —— , A Jan ser series Chicago Rock Island ' V/;; "■?" 111% 111% 102% April General mortgage 4 Vis inc ser A Jan 1 4Vis conv increased series B Jan 1 2044 mtge .__ r 2038 Chicago & North Western Ry— Second mortgage conv inc 4 Vis First 119% : . Chicago Indiana & Southern 4s 1956 Chicago Milwaukee St Paul & Pacific 1st 31 40" series contingent l"/o 133% •> Bonds High , AGeneral inc . I C division Income mortgage . 1958 Chicago Ind & Louisville Ry— A 1st mortgage 4s inc series First "■ 103 *112 First mortgage 3%s series B 1985—May-Nov Chicago & Erie 1st gold 5s 1982— Map-Nov Chicago Gt West first 4s series A 1988—Jan-July A2nd 101 1989 Quincy RR— 126% 1021/4 102% 104% 104% / Mar-Sept. refunding 4Vis series B 1977—Feb-Aug refunding mortgage 3Vbs 1985—Feb-Aug refunding mortgage 27/bS 1970—Feb-Aua mtge 3s 1990— Feb-Aug Chicago & Eastern AGeneral gold 126 — 102% due series mortgage series A (4%% contingent interest) 2018 ' —•- Essex 5s AIncome 105% General gold 4%s 1992 Mar-Sept Refund and impt M 3Vis series D 1996—May-Noy Refund and impt M 3 Vis series E 1996_ .Feb-Aug Refund and impt M 37/8S series H 1973—June-Dec & Denver — 103% 103% /M refund First mortgage - 46% 105 Fuday's y"• 1977_June-Dec/,; 48 42% 16 Western or Bid & Asked Low First mortgage and coir trust 2"%s 1979-Jan-JuZy-/ Denver & Rio Grande Western RR— t v 155 105 1031/4 103% *104'/a mortgage 35/es series B 1968 Champion Paper & Fibre deb 3s 1965—Jan-July Chesapeake & Ohio Ry— 67% 39 __ 194 67% 64 ' ■ 46% & i Week's Rango Last Sale Price Collateral • trust 4-6s May 1 2042___Map-Nov Delaware Power & Light 3s 1973 —April-Oct First mortgage and coll trust 3%s f' ,94 Lackawanna and AIncome mortgage " 68 43% York Friday « . J 100% 87 •'.I'"*'' Interest Exchange Period ..A./;■■• ' ■/■//////•.,/»■/ v . 104 % 100% __ V. *■ BONDS Delaware Lackawanna & Western RR Co— 64 / 103 A New York Stock k'. 108 ■' : \ High 106 17 46% —April-Oct First 106% 60% 64 _ 5 \ i f Jan-July Central New York Power 3s 1974Central Pacific Ry Co— First and refund 3%s series A 1974 Low __ Jan-July 2020—May 2020—May 1 Gen mortgage 4%s series B Jan Central RR Co of N J— No. *101% *101% *71 ':7—' V Ry—"i series Jan. 1 103 3e 103% April-Oct MAY "IV Range Since Sold High 60 VA : _ 3 Vis IA Central Branch U P first gold 4s 1948—June-Dec of Bonds ' Corp 3Vis debentures 1960 Feb-Aug debentures (1947 issue) I960—w—.Feb-Aug Central Friday's 106 ENDED "V Bid & Asked Low Carolina Clinchfield & Oho 4s 1965 FOR WEEK Week's Range 93% 104% 99% Jamestown Franklin & Clear first 4s l959_Ju»«-Deo Jersey Central Power & Light 2%s 1976—Mar-Sept — 102%, 102'A ,.'i ; 27 28 (1908) Chronicle The Commercial and Financial Monday, May 8, 1950 ... NEW YORK BOND RECORD RANGE Friday BONDS ....... Interest •'■V . New York Stcck Exchange ENDED Bid ft Asked ; & Mich 1st High Low NO. High 1st 27/»s mortgage Consolidated *104% 106 1961 4%s unguaranteed Laclede Gas Light 4'/as conv debs Lakefront Dock ft RR TerminalLake Shore ft Mich 3Vis registered Nitrate 114% 27 •101 gold 181%-^ 104 *104'A 105 105% % 10 7/e 119'A l'A 121 114 €0 93 89% 94% 91 84. 91 Harlem 93 & ref 5s stamped 1954 Feb-Aug & ref 5s stamped 1984 ——————Jeb-Aag Feb-Aug mortgage 5s extended to Valley Railway- 1984 mortgage 4 Vis extended Lehigh 90% 94 JAN 13 94 96 N 100% 100% •83 1st & ref 5s stamped 1974 Lehigh Valley Harbor Term Ry— First 26 96 to 1974 100% 8 Jan-Jnfy 85 78 ~5 75 V. 80% 70 24 67 70 70% 70% 3 70% 75% Valley RR— General consolidated /.Series A 4s fixed mortgage interest bonds— 20C3 —May-Hot _May-Nov —May-Nov Series B 4 Vis fixed interest 2003 Series C 5s fixed interest 2003 52% Series F 5s contingent 30 563A 51 % 57 5 53 56'A 56'A Little ALombard 3s <P) Co debentures debentures Louisville 1963 Nashville & 5s 62% 21 65 Niagara Falls Power 3 Vis 1966 161 33% 38 Vi 40% 30 36% 42% Niagara Mohawk Power Corp— General mtge 2%s 1980 d40% 41% 46 40 45»/a Norfolk Atl 76 5 74'A 77% 122 2 121% 123% 104% 8 104 105% 102% 102% Northern Pacific Ry— *103 Juno-Do# 103% 103% 103% 105% 103% 103% 103'A 105% 4s 94% 94 100'A 85 83 88% 100% •100% 101'A *108 97'A 95 107% 109 102% 109 103% & Co 27/«s debentures Central RR First 4'/as series A 1972—Kay-Noo *102 i960—June-Deo Manati mortgage & con 4s series B 1954_June-Deo Sugar 4s sinking fund Feb 1 1957—lI»y-Noy Manila RR 70% (Southern Lines) 4s debentures May Dept Stores 2%s 1972 Jan-July Mead Corp first mortgage 3s 1966 Jttne-Dea Metropolitan Edison first mtge 27/«s 1974—May-Mot 3 94% 94% 94% 93% 3%s debentures 1988 76 96% 88'A Jack Lans First ft gold Sag 1951— 100 100% 3 Vis Refunding and impt 4%s series C 1979—Jan-July Michigan Cons Gas first mtge 3%s 1969 Mar-Sepv First .mortgage First mortgage 3%s 1969 3%s 1969 sinking fund tIAMidland Minnesota Minn 27/8s 107% 107% St First of N debentures 1967 first J Mining & Paul & ext Mfg Saulte 5s 2%s series A lien A Cum series 4 Vis B D adjustment 5s ^Missouri Pacific AFirst and AGeneral RR l971_M*y 1991_llay 1978 ser A 1967 Aprll-Oct 82% first gtd 4s B Mountain 3Vis 1981 1991 Feb-Auy and First and 83 83 75 84% 77% 73 72% 82% First 101% 102 % 96 93% 105»A 8 102'A 75% 77'A 46'A 274 102% 103 102% 63% 390 101 % 102 • First and 2%s 102 94 105% 584 33% 42 93% 92% 105 60% 92 V 104 56 ' .V 24 101 103% 101 2 59% 25 86% 33 82 ; debentures 1978 3%s debentures 1983 3s 1955—lCay-Kby r Pennsylvania-Central 102 54'A Nat'l Distillers 59 % *98% 83'A 99 57 ■ * 98'A. - j 105 Pennsylvania debs National Feb-Aug 1970—June-Deo 84% 99y4 105 y4 94% 94% 93 3 96 4%s series B debentures 1982 102'/a 103% 1 105% 1974. -Mar-Bept 10 105 106 105 Jersey Bell Telephone 3 Vis 1988 Junction New Jersey New Orleans New gtd Power & Great first 4s Light Nor A Orleans & Northeastern Refunding and Impt 4 Vis New Orleans tNew ' Term first Orleans Texas AFirst 5s series & B A Certificates A 4'/as 104% 104% 12 103% 104% 101 % 101 % 101% 11 101 101% gtd 4s Mexico Certificates A Certificates For footnote, D of AFirst 5%s series I,-/. — Jan-July ' ■ 104% 118%;M9% *104% 105% 17 •"V 118% 119% 105 106 104% 105 107% ' 5 104% 104 % 5 107% 107% 107% ' ' *75 —— • 105% 105% — 2 —. r 105% 106 100% 102'/. 2 103% 104% 27 103 % 104% *103% 104% ~ A 1953 Ry— 1963—jan-JUly Jan-Jala 103% 103% 103% 104 104 — IprM-Oet 101% —_ Peb-lug 104'A 100% 101% ' v ; -- 15 — 100% 101 5 100 1956 of -ee 1954 r^ve 2° 1975 ; : 108% 112 105'A 107% '■? 42 63% 70% '•;{ 60'A 1 59% 66 85'/. 16 84% 89'/. -j 93% :2 90 "2 97% ; 8 90% 97'A 84% 93 - '•; >' * „ 92'A . 102% 'w— 93 102 - ' 65 60'A - 35 109'A ( 64 84% - ■ : > 102 103 102 103 y4 4 101% 44 : 105% 102 103 *102% — . __ 102'A : *:: 102'/. 102% ij f — f <■1 ? ■ *99% — — *104% 105'/. — 107 ya 106 — 13' *12'A 12 "4 4 13% 1047/. 106% \ 100% 102% t 101 102% 103'/. 104% *105% 107'/2 105% 107% *104% 105 105 106'A 105% 106% 107 106'A 106 *97% 100 % 102'/. *101 — 23 103'/. 103% 103% JFeb-Av# June-Dec \\ *106' — 100% 100'A ~5 102% — 101 102% 100 100 33 .3 106'A 105 105% 14 105 104% 105'/. 32 105'/. 105'A 104% j 104% 106% 13 101 102'/a 103% 103% 101% 2 1033/. 104% 105 106% 104 105'A -101 *105'/a 107 • w- '• tr • - 1 104% 104% ' 1 99% June-Dec 1 13 99% 13 99 % 100'/2 102 21 102 103'/. 105 ..... 105 '/2 10 105 105% 107 107% *107% 107% ' • ■ *101% „ *104'A ■ 99% 99% 101% 977/s — — — 'I'r] >■.] — 101% 68% 3 72% 72% A •A "* •' — sinking fund 4Vis series B 1968 Feb-Auy lift • • • 77% 1 102% 104% r ,103 — 104 y. 10 103 y4 losy* i f 1981 ,—April-Oct — 4 :•/!'; 113% 83 115 100% 105% * 4 104 15 •• 103% 104 5/a 103% 109 • June-Dec 108 107% 108'A . : 7 96 97 y. 96 96% / ' ; 97% 93% 21 101V. 101'/2 150 46 99% - mortgage 4y.s series E 1984 debentures SVis-1952— -• Jan-July Aprll-Oct and June-Dee refunding 2%s 1971 First and refunding 2%s 1967— 7-Nov First and refunding 2%s 1974— .May-Nov First and refunding 2%s 1981 lane-Dec First and refunding 2%s 1978 —Feb-Aug tSAPhilippine Ry 1st sink fund 4s 1937—Jan-July ,«•: A Certificates of deposit Phillips Petroleum 3*4" debentures 1964 Feb-Auy '101'/s ■- 83 T.» „ conv debs 1975.. May-Nov a %a -57% ^ 102 - *110 guaranteed Consolidated guaranteed Consolidated guaranteed Consolidated guaranteed 103% 14'A 110 118% f/ ! ? 103 ' . — — .. — 102'/4 104% ; ' 104% 15 103 104'A ; 103 104% 3 102'A 104 r 18% 103% — 103% 61 102 12 110% 102 •: 86 4107% 110% 'A 103 102 103% 102% 103% 104'A 18 7 104 8% 9 16 8 7 7 4 7 6 102'A 103% 1,258 104 y. 105 102'A 102'A 104 V. 105 *99 *103 *106% 4a ser O 1957—May-Nov ser 57 % 15 103 ... 103 81 99% 101% 101'% 99 — 11% 4 10% 99 . 4s ser H I960-—Feb-Aug ser ■ *102% 103 4s ser P 1953—June-Dec AVis Consolidated guaranteed 4%s • *108 100% 3 17 102 • .94 . 11 58 16% 1990June-Dec Pittsburgh Cincinnati Chic ft 8t Louis Ry— 83% 83 - Pittsburgh Bessemer ft Lake Erie ■■ • * 113% 114 June-Dec . April D 1980 —Jfar-Sept yS /V-Philadelphia Baltimore ft Wash RR Co— r • General 5s series B 1974 Feb-Aug General geld 4Vis series C 1977— Jan-July Philadelphia Electric Co— 2%s %•;;>>'; 10 104% 105 Income 4s April 1990 First 1 103% 103% Aprll-Oct mortgage 3%s series F 1985 Jan-June Peoria ft Eastern 1st 4s external I960——April-Oct 104'A 100 / ' - ■ General 101% 100% 1 104% 106% 101 y. 101% *104% 105 . • 100 7/s 102 . i 1067/. 40 101% 105 —June-Dec — 5s Consolidated JyrO-Oct deposit 107 ^ 4%s series A 1965- Convertible deposit A 117 107 RR— Consolidated General 103% 99% deposit series 133% 114 109% 109 *109 Pere Marquette Ry 3%s series RR— series 1954 of 1974——Mar-sept 1983 A Certificates of deposit AFirst 5s series C 1956 AFirst 1986 3s 5s Jan-Jnly Feb-Auf • 4 " New RR 128 — Co— General 106% 104% .Aprll-Oct debentures N Airlines— General 4y»s series D 41 105 1961——May-Hoy 3s 38 J 1 113 88 117 *110. . 64% . ' 96 102% 102% 105% 105% 102% New England Tel Si Tel Co— guaranteed \ 94 6 129'A 129'A 1994—June-Dec Pennsylvania Glass Sand SVis 1990 'Pennsylvania Power ft Light Co—• . 1974L.4yrfM»cl Steel Corp first mtge 3s 1965_ Aprll-Oct Supply 2%s debentures 1967—June-Dec Naugatuck RR first erold 4s 1954 .—May-Hoy First j , — 91 90 *109 Mar-Sept Mar-Sept General National *, 107% Guaranteed 4s series E trust ctfs 1992—May-Nov v June-Deo 3Vis 106% — ' Louis— 1970 Products 106% — *101% 101% — . A3%s convertible Inc debs Sept 1 I960,—Aprll-Oct 88 72 AyrtMJBt mortgage 3s series B 1986 Dairy Products 2%s debs debentures i 105% 17 104 -Pennsylvania First / 107% 105% Paducah ft 111 1st sink fund gold 4%e UBSJan-July » 1986—..May-Hoy t "Pacific Western Oil 3Vis debentures 75'A ' 1987 - 1 101 debentures 4s%g 62% N National 103'/a 107 * 106 y4 85 % Chattanooga ft St 101% 90 April-Oct Aprll-Oct 1986 3%s 48% 101% 102% debentures 1985 ' .102 % 103'A 102% First and 105 47% 46 and First mortgage 3s Nashville 12 106% *107% 108% — 3s series K 1971—June-Dec 3a series L 1974—June-Dec Ss series M 1979—June-Dee 3s series N 1977—June-Dee 2%s series P 1981—June-Dec 2%s series Q 1980-June-Dee 3 Vis series R 1982—June Dec refunding 3s series 8 1983 June-Dee Pacific Tel & Tel 2%s debentures 78% ft 92% 30 59 2%s and 76 1966 1978 First First 82 Tel 13% *105 — refunding refunding refunding refunding refunding refunding refunding 84% 85% & mmm* 101% 102'/. refunding 3Via series I 1966—June-Dee refunding 3a series J 1979 95% 59'A Tel 78 June-Dec and 74 mortgage 5s series A 1981-May-Noy States 2 June-Dee and 84% mtge 4 Vis series B debentures 53 14 *_. ._Feb-Aug and 18 104 Construction 4 83 Morrell Construction 85% 22 —Feb-Aug (John) & Co. 3s debentures 1958—May-Hoy Morris Si Essex first guaranteed 3%s 2000_Juno-Daa series 101% -Jan-July .Mar-Sept .April-Oct First 77% 84'/4 *59 3'As 80 28 14 *75 May-Nov First 55 1 93% Mar-Sept Ry — First 88 48 24 48% 84% 25 85 'A . refunding 5s series 1 74 427/. *— 103% Co— 1975 Malone 9 106'/2 65% 103 76 v 101% & 49% 101% 105 ' 106% 55% 2 First and refunding 5s series F 1977—Mar-Bept AFirst and refunding 5s series G 1978—May-Nov 5 A Convertible gold 5%a series A. 1949—May-Nov AFirst and refund gold 5s ser H 1980 ApHZ-Oet AFirst and 64 101 12 14 Oregon-Washington RR Is series A I960-—Aprll-Oct 83% 76% Monongahela 57 10 — — 105'A 49% 3% 103 102 „ 64 9'/a 2% 39 102% 64 6'A 175 2% 2% Bell Telephone— debentures 1979 91 91 —Mar-Bept Mohawk 51 104% 102% 105'A 32 57% 81 Jan-July Jan AFirst and ... 109% 101% 102% 104 48 Jane-Dee refunding 5s series A 1968—Fab-Ana 4s 87% 108% — 85 % —Jan-July Jan-Jnly 1962 series first 1978. First mortgage 3s 1979. RR— :'r Prior lien 5s series A 1962— 40-year 4s •103 101 y. Pacific Gas ft Electric CO— Jan mortgage 4s inc ser A Jan Missouri Kansas & Texas first 4s 1990 Prior d57 % AprU-Oot mortgage First mortgage 3Vis 101 — 105% 105% AyHI-Oet AGeneral Missouri-Kansas-Texas •102% 103 83% 85 108% 108% *100% Jan-Jnly 1940 1967 101'A Marie- St mortgage 4'/as inc 85 108% 42'/2 1 6% 6'A Quar-Feb tOgdensburg ft Lake Ohsmplaln Ry— (AFirst guaranteed 4s 1948— Ohio Edison first mortgage 3s 1974— First mortgage 2%a 1975 Oklahoma Gob ft Electric 2%s 1979. — •102 Mar-Sept Mar-Sept 455 O 104% *106% 107% Key-Not 70% 44 105 _Quar-Feb 102% 103% *99% 64% 215 101% 102% 103% 103% lUr-jnf 1952 81 72 ? 3 Vis 3 Vis 97'/a 74% 77% — *100% 101% Feb-Aug 2%s 1975__Aprll-Oct 3s 1978 — ;—Jan-July 2%t 1979 Feb-Auy mortgage 2%s 1977 April-Oct 3s 1979 Mar-Sept First mortgage First mortgage Northwestern 93% 54% *102% Aprll-Ocf ; 94 73 1 Power Co— *' Michigan Bell Telephone Co— Michigan Central— — 104 *102. —Quar-Jan . 2047 First mortgage 88% 11 70 •100 95% 95% — — 67 42% first mortgage 2%s 1974 (Wisconsin) 102% 70 2 93 103% 8tates First 102 93% 1959—May-Nov 65% Quar-Jan » 3s Jan 1 2047 (Minnesota) W.i 103 71% — ..... 1997 4s registered Northern ;, • (R H) t 80 % 104 Reiunding and Improve 4,Vis ser A 2047—Jan"July ••I Maine 100 73 % 44 Refunding and Improve 6s series O 2047—Jan-July Refunding and Improve 5s series D 2047—Jan-July Collateral trust 4Vis 1975 ———Mar-Sept . 104% 95 102% 102% 'V^FV 100% r 5s convertible inc 2014 registered 1997 General lien 3s 1955——May-Nov mtge 2%s 1979—May-Moo 1st lien Prior 61 61 Feb-Any Aprll-Oct Knox & Cincinnati Dlv 4s 95% 101% 100% —— — Ry Co—/ 76 RR— Louisville Gas ft Elec Macy Southern 104 •95 93'/a 100'/a 97% 66 % Jan-July 122 94 f 100 5 25 *79% — _Mar-Sept 63 3A 36% *83% 98'/a 92% 97% 2% 63 First and refund mtge 3%s ser F 2003 Aprtt-Ocl' First and refund mtge 2%s ser Q 2003—AyrO-Oct First and refund mtge 3%a ser H 2003_„AprlI-Oct St Louis Dlv second gold 3s 1980 -Mar-Sept 'I 103% 101 'A *96 6% April-Oct 1951 100 101 Mar-Bept Anrfl-Oet _ 102'A 102 *72'A Aprll-Ocl Norfolk ft Western Ry first gold 4s 1996_^April-Ocf Northern Central general ft ref 5a 1974—Mar-Sept General and refunding 4Via ser A 1974—Mar-Sept general 4s series A Electric 7s series A 1952 56 *101% June-Dec 1955 ft Light Power Feb-Aug l962___May-Non Miami Lorlllard Ontario ft Y 1st mtge 2%s 1975 Y Si Putnam 1st consol gtd 4s 1982 Y AGeneral mtge Lexington & Eastern Ry first 5s 1965 ft Myers Tobacco 5s 1951 Liggett 59% 61 Lehigh Valley Terminal Ry— First mortgage 5s extended to 1P79 55% 52 '/a 92'A May-Nov Weat rel 4a Juno 1992—Mar-Sept d34 35 56% 11 10 — *— 101 % 1954 4s d37% liny 2003—May 2003 liny Interest 51% 63% Series D 4s contingent interest 2003 Series E 4Vis contingent interest 53'/2 56 '/2 55 *— N Y Steam Corp first 3 Vis 85% 68% 70 61 56 N.Y State Electric ft Gas 2%s 101 82% 78 Feb-Aug 84Vi 78'/a 57% 54 '/a *54% Aprll-Oct 1977 Jan-July 1963 Jan-July IN Y Susquehanna ft Western RR— {AFirst refunding 5s 1937 —— Jan-July {ASecond gold 4%s 1937 Feb-Aug _Feb-Auy {AGeneral gold 5s 1940 .May-Nov fATerminal first gold Ss 1843— N Y Telephone 2%s series D 1982 Jan-July Refunding mortgage 3Vis series E 1978__Feb-Aug Refunding mortgage 3s series F 1981——Jan-July N 1st Lehigh 93% 95% 95% 79 74 16 58 River ft Port Chester- mortgage AGeneral 4s 1970_Aprfl-Oef 18 79 58 New Haven ft Hartford RR— 93 1st First Y *__ June-Doc A 82 :'f " First and refunding First ser 80% *77 York Chicago ft St Louis— Refunding mortgage 3%s series E 1980—Jaae-Deo First mortgage 3s series F 1986 April-Oct N Y Connecting RR 2%s series B 1975 April-Oct N Y Dock first gold 4s 1951 Peb-Aug NY & Harlem gold 3 Vis 2000 May-Nov Mortgage 4s series A 2043 Jan-Jaly Mortgage 4s series B 2043 Jan-July N Y Lack & West 4s series A 1973 May-Nov 4Vis series B 1973 May-Nov 100 Ltd— mortgage income reg 1975 Coal & Navigation Co- 72 55 1998 registered 1997June-Dec 3 Vis 62 65% 67% 1997 June-Dec South 58 Va 61% 106 Feb-Aug registered 3 Vis 181% •181% 185 117 138; 191 70'A New 97 % 60'A 63% 69'A 58 101 108 ♦— 117 . 27 100'A 59 62% 69% mtge 4s ser A 2007—Jan-July AGeneral mtge conv inc 4Vis series A 2022—May 1997 Co Sinking fund mortgage 3 Vis Lehigh Valley Coal Co— j 103% 114% — N AFirst Lehigh ! 102% •28% 57'/. ■«. 3%s 1997 mortgage 3 Vis mtge sink fund 37/as series A 1968_J»ne~De© Lautaro High 63'A JTeb-Auf 1998. Jon-July Jan-Jaly Lake Shore collateral gold 3 Vis 1998 Feb-Aug 3Vis registered 1998 Feb-Aug Michigan Cent collateral gold 3Via 1998—Feb-Aug 106 105 % •114% 116% April-Oct 1963—Mar-Sept Jan. 1 Low No. Central & Hudson River RR— General 103% 103% 42 — _Aprl1-Oct Mar-Sept Koppers Co first mortgage 3s 1964 lAKreuger & Toll 5s certificates 1959 N Y __ •1023A 103'A —Jan-July —Jan-July 1961 Kings County Elec Lt ft Power 6s 1997 First •104'A series A 4s Refunding and impt 4 Via series A 2Q13-Aprll-Oct Refunding and impt 5s series C 2013—April-Oct 103% 102% 106 105 First Plain 103 •102 Jane-Dec 1978 1975—Ap*il-Oct mortgage 3%s series B 1968 Jane-Dec Kansas City Terminal Ry 2%s 1974 April -Oct Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky ft Indiana Terminal 4'/is 1901—Jan-July Stamped 1961 Jan-July Range Since Sold High Low New York Central RR Co— dune-Dec Kansas City Southern Ry 4s ser A Bonds Friday's or Bid ft Asked >ale Price Period New York Stock Exchange ' 1976 Week's Range Last lnterest BONDS Jan. 1 .AgrU-Ocx mtge 4s 1990— * Range Since Sold K Kanawha 5 Friday Bonds Friday's or Sale Price Low Kansas City Power ft Light 2%s MAY Week's Range Last Period FOR WEEK I 1963_Feb-Auy J 1964.May-Nov 103% ' -*113'A 106% —r V __ __ ■ 5 — 106% ; 103% " __ 103% 103% -*112% ; 108 103% ; 111% 113% 111 113% Volume 171 Number 4905 The Commercial and Financial Chronicle .. . (1909) 29 NEW YORK BOND RECORD RANGE ... BONDS Interest - , FOR WEEK ENDED MAY 5~ Week's Range Last , Period New York Stock Exchange Friday Bid A Asked ■"Low Week's Range Friday Bonds Friday's or Sale Price Range Since Sold No. High BONDS Jan. 1 Low General mortgage 6s series A 1870 June-Dec 1 ;107Vi 107Vi — series B 1975 ApriZ-Oct General mortgage S%s series E 1975 April-Oct Pittsb Coke &. Chem 1st mtge 3'As 1964—May-Not> 105Vi 106 — 103% 108% 103% Low 89 — 89 *102 '■vi 107% 6 89 102 8 102% 103 1 100%- 102% Refund and debentures 1965- Jan-July 102 Vi 102Vi 102Vi Pittsburgh Steel 1st mortgage 4Vis 1858—AprU-Oct Pittsburgh & West Virginia Ry— First mortgage 4%s series A 1958 First mortgage 4Vis series B 1959 Co 5Vis income debentures Potomac Elec First Power 1st mtge mortgage 3Vis First mortgage 3s 3s Feb-Aug First and First and First and First and 12 93 96 % 95% 19 92% 96% 108 __ 99% M 3%s series 3%s series 99% 100% 2 108 % 105 RR New of Ohio Cent 3%s 1974 Union and lmpt debentures 1964 1037A 105'A *106% 107% *151% 151'A 222 104% Union 106% 105 % Oil Pacific 225 106% Union 152 *221 106 % __ 225 *105% 106% Jan-July 106% ; 98% 1 98% 101% 99 Ve 13 98% 101 131 Ye 10 128 % 131% 14 103% 106 4 103% 103% 69 % 98% 104% 104% June-Dee 103% 103 J/a Jan-July 61% 23% June-Deo 3%s 1960 104% debs Electric Co of Missouri debentures 3s 104 2%s Corp First mortgage 109% 1961 96% Mar-Sept 2%s of 3%s 1971 61% 63 23% 25% 96% : 96% 52 18 21% 359 32% Q7 QO 7 *101% 102% 101% *100'A 101 Va — 100% — 101% 110% 109 Ya May-Nov 2%s debs 17 108% 102% 102% 2 102% 105 Ye 105 Ye 1 104% 105% 102% 102'/a 6 ] 02 % 103% 103 105 ApriZ-Oct 1968 California 109 Ye 109% 105 y« May-Nov and coll trust 2%s 1975 1970 June-Deo — debentures 1976 Feb-Aug 103% 103% 103% Refunding mortgage 2%s series C 1991_Mar-Sept United S Gas 103 % RR— United Biscuit Co of America Corp 2%s Rubber 2%s 2%s 2%s 98% 131 April-Oct 1966 95 Ye ApriZ-Oct *103 Mar-Sept 1976 1967 11 95% 94% 97% 102 % 103% 9 *102 Jan-July May-Nov April-Oct 1970 debentures debentures 2%s Universal Pictures 3%s debentures 1959 Oats : 98% 126 105 105% 36 U 100 U Quaker 119% 104 — 105% 106 Pacific— Orleans ref Tri-Continental Co— *— and Pacific-Missouri 105 100 *98% 103 104 High 108 % *104% 105% 104 1970_ApriZ-Oct 1990_ApriZ-Oct gold 5s 2000 June-Deo refund M 3%s ser E 1985-Jan-July 105 Ye May-Nov Mar-Sept Low *103% 104 5A :V",j C first refunding 4s 1960 AAdJustment income 5s Jan 1960 102 % *125% m~L. ' 105% first tThird Ave Ry 3 108% 108% Jan-July Jan-July April-Oct B M refund Pacific General Texas 108 11 102% 103 Feb-Aug 1983 and refund & Tol & 99% 1966—Jan-July 1963 May-Noc refunding mortgage 3 Vis 1968_Jan-July refunding mortgage 5s 2037—Jan-July refunding mortgage 8s 2037—June-Dec refunding mortgage 3s 1972—May-Hoy refunding mortgage 2%s 1979_June-Deo and 95% *111 ~ Jan. i No. T May-Nov and Texas June-Dec debentures First 96% June-Dec 1977 Electric & Gas Service 93 Term 1964_Jan-July 3V«s 6 95 y8 95 Vi First First 95 Vi 95% April-Oct lmpt 2%s series D 1985 Texas Corp 3s debentures 1965 Texas & New Orleans RR— Ry— First mortgage 2%s 1984 Providence Terminal 4s 1956 Public 95% April-Oct First mortgage 4%s series C 1960 Pittsburgh Youngstown & Ashtabula First general 5s series B 1962 First general 5s series C 1974 First general 4%s series D 1977 Pittston 102% 102% June-Dec impt M 4s series C 2019 Refund and Pittsburgh Consolidation Coal— 3Vis Range Slneo Sold High Terminal RR Assn of St Louis— 83 100 l 102Vi Bonds Bid & Asked Pittsburgh Cine Chicago & St Louis RR— General mortgage 5s Friday's or Sale Price Period ( High 3 Last Interest New York Stock Exchange — 103% *97% *967A 89 99 98 % 99% 3 99 Va 89 5 89 92 98 % 99 Yz .. . 102% R Reading Co first & ref 3%s series D 1995—May-Nov Reynolds Tobacco 3s debs (R J) Rochester Electric & Gas 1973 91% 91% April-Oct 92 JO 91% Vandalla 95 % 104% *104% 105% 105% General mortgage 4Vis D *120% General mortgage mortgage 3%s series H 3%s series I *106% General series RR Consol 1977—Mar-Sept 1967—Mar-Sept 1967—Mar-Sept General mortgage 3%s Series J 1969;—Mar-Sept t A Rut-Canadian 4s stamped 1949— Jan-July ISARutland RR 4Vis stamped 1941 Jan-July consol sinking Electric Virginia Corp— First and refund A First and refund mtge 3s series F — 3Ves *106% 107% 7 8% 10 *106% 107% May-Nov convertible debentures June-Dee Jan-July April-Oct consolidated 3s 1958 5s series B St gold 6s 1996 Louis Rocky Mt & P 5s stamped Louis-San Francisco Ry Co— St *104,. — —— April-Oct 1995 L-.—;; €5 Wabash RR Co— Gen ' 1st mortgage 4s series A ASecond 1997 Jan-July 91 mtge inc -4%s series A Jan 2022—_May St Louis-Southwestern Ry— First 4s bond certificates 1989 and ref 57% May-Noe 1989_Jan-July 119 __ 103% gold 5s series A Seaboard First first Duluth & Air Line mortgage Co— series 4s debentures Shell A 1996 Oil debentures 2%s t§ASilesian-Amer Skeily coll Corp trust 2%s debentures South'& 3s 100 May 85 June-Dec 1971 7s 2%s debentures Southern Indiana April-Oct 103% 1987 104% 127% 99'A 101% 100 271 75% —w 99% 4%s (Oregon Lines) 4'As 98% 59 63 y» 6 53% 102 % 3s 4'As A 98% 27 — 98% — 101 98% 100% San Fran Term 1st mtge Pa%ific RR Co— 3%s ser A 100% — — 104 105 6 77 83 77% 100% 101 'A 84 99% 95 Ye 96 129 95 First mortgage 2%s series E mortgage 2%s series 93% 156 92 Jan-July — Jan-July First mortgage 2%s series G 1961—Jan-July Southern Ry first consol gold 5s 1994 Jan-July Devel and general 4s series A 1956 ApriZ-Oct Devel and general 6s series A 1956 AprfZ-Oct Devel and general 6%s series A 1956 April-Oct Memphis Div first gold 5s 1996 Jan-July St Louis Div first gold 4s 1951 Jan-July Bell Tel debentures 2%s 102% 103% *102% debs 1985 1983 — 100% 1974 2%s debentures debentures 12 93% 92 Yt 87% 1873 4. : ■■■; 1 .... 98% If 88 J f 101% ,) 91 106% 98 102% 104 106% 106% 107 >A 107'A ). 1966 1972 ACertificates Wisconsin Jan-July ——. i of 106% ; 107% 64% A! i';.- 57 60 37 55% 22 101% 104% 10 104 y4 105% M 1 101% 102% 9 •>•. 99% j , 1 J- • r 94 85 202 05% I 101% ^ 95% *101% 101% 101% *— Mar-Sepl 111% 31 1017/e 103% n » 103 % VI •-1 3. 102 1 102% 102% *102% , 114% *115% 116% Jan-July r 101% 1103% 103% Jan-July ApriZ-Oct | 105% 302% 103% 103 102% 503 106% 108% 107% Jan-July 103 < 115% ' 77% 1949 V 77% 77 38 33 78% 74 47% 4.1 76 ■ j 46% ' H: 77% ; f 48'A deposit— June-Dec 99% *99% 100'A Mar-Sept Jan-July *104% 107% 100% 2%s 2%s 1976 1979 Service 1971 3%s ri 100% ■107% 107% ; 96 2 105% 108 3 100% 11 101% 103'A included 107 not Yonkers Electric i 99% 100% 99% • 101 101% 56% 102 ) Included In the year's range. d-Ex-lnterest. eOdd-lot sale not Under-the-rule sale not Included in the year's range, r Cash sale y Ex-coupon. \ ; : {Negotiability impaired by maturity. ^Companies reported as being In bankruptcy, receivership, or reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. ♦Friday's bid and asked prices; no sales being transacted during current week. A Bonds selling flat. -• : J. HThese issues were previously listed on the Curb Exchange. The 1950 year's raDge shown V 104% > here 102 40 ■ ——. 59 105 103% 98'A 31 56 98% 102% - ♦103% 104 % 104 j 103'A 97'A < 102 •101 J 101% , 31 \ 104 Va V 120% 106 102% 102% - CM 101% 101% ' 94% Light & Power 2%s 1976_Jan-JuZy Public 10 . deposit Wisconsin Electric Power mortgage V 106 Y» 106 5 ' 102% 102% Mar-Sept 1960 first 4s of •;•]• 106% (C 105 ye 104% 105 — 103 105 58% 104%. Mar-Sept -— 1973 debentures general 4s 109 •101 May-Nor . 57% • H Corp— 1971 B -62% 3 03%-103% Jan-July Jan-July §ASu & Du div and term first 4s 1936—May-Nov 105'A ;„v97% 102% S Certificates 8 *103'A 104 98% Jan-July Jan-July w' 61 103% June-Dec Mar-Sept ; mortgage 3%s series D 1967 Co first mortgage 3s 1958 102 *55 y. ; 106 i\. — . — & 106% »•. Co— 1951 convertible 101% 102'A 102% 106% 106 7A •54 101 .>101% 2 105 y8 105 Ye 106 50 Va .101 *105% 106 Apr-Oct * May 2014 Jan 1960 debentures 100% 100% April-Oct A ;• t 96% 92% 11 5s income 2 i. f 101% 101% , Jan-July Jan-July guaranteed 2361— 4%s 53 90% 95 19 94'/. 104 * 1966 2361 gold 5s A 95% 111 97 112% 113% . 4s 52 May-Non - series I Union Telegraph 8 A First 103% 93 88 Ye May-Nov Sunray Oil Corp 2%s debentures 2%s. :o"i" 81 79% 73 '4 *100 ^Wisconsin Central Ry— 104% 102% 685 — 93% *— „ Spokane Internat first gold 4>As 2013 April Standard Oil of California 2%s debs 1966—Feb-Aug Standard Oil (N J) debentures 2%s 1971—May-Nov Swift & Co *— ■ 87'A A 2%s debentures 88 Jan-July 1974 3 %s 3%s Pacific First 97 1996 3%s 104% 73% 4 75 75'A "99% 100 mi<-- 53 June-Dec mtge 4%s-4s series A 1969 First 1986 First Southwestern C 75 88 Maryland first mortgage 4s 1952_Aprll-Oc* Winston-Salem 98% 92'/. — registered Gen Wilson 103% 95% 103% West Shcre first 2%s Southern B „ Jan-July 1979__May-Nov Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3%s series C 1970 102 92% -Apr-Oct 1975_June-Dec Power Westinghouse Electric 107% May-Nov 1960 Electric Penn 4s gtd 1950 stamped 5s mortgage 3%s 1967 mortgage 3s guaranteed Penn 2.65s 16 104% 77 Ye General 30-year 99% May-Nov debentures 91% 101 v: ref Westchester Ltg 25-year 124 106 101% *— . „ 77% first Western 99% 123% *106% 106% Mar-Sept 1977 1981 convertible 1C3 A' K&l /-AO?:- "75 gtd gold 3%s 2000—Feb-Aug Washington Terminal 2%s series A 1970—Feb-Aug Western ; 103 y« 98% 101% ; 68% 2 ♦123'A RR Western 98% — Jan-July 1969 Gold 7 1 1976—May-Nov __ 63 Ym 98% Warren West Southern Pacific Co— First 3%s debentures conv West 86% 98% ' ' 102% 102% — Jan-July 1994 6 86% *102% 98% June-Dec 1985 Gold Co 103 ' 88 % 99 - ;• - April Gen mtge Income 4%s series B Jan 1991 April First mortgage 3%s series B 1971 —Feb-Aug Walworth 6 t. mtge 4s income series A Jan 1981— General 100 82 Ym __ Jan-July Jan-July __Feb-Aug Ry 2%s ' ; 106 127 *98% __ 1941_Feb-Auy 1965— 1979 debentures 105'/» ^ 103% 99% t,io • _ 100 — Ala RR gtd 5s 1963 April-Oct Telephone & Telegraph Co— 2%s \ — *126% North debentures j 120 118% 2 105 y. 105,3. •104 June-Dec Socony-Vacuum Oil 2%s 1976 Southern Bell 6 6'/a 56% 15 119% *104% :_Jan-July 1 1974— Oil Union 383 94% - AGeneral mtge 4y2s series A Jan 2016 Seagram (Jos E.) & Sons 2'As 1966 3s 59% 103% 103% .. cons RR 90 91 ' 1990—Jan-July gold 4s 1968-June-Dec St Paul Union Depot 3%s B 1971 April-Oct Scioto V & New England 1st gtd 4s 1989—May-Noo Paul St * 92 103% 6 103 * • , «... 99 ' Second 4s inc bond certificates Nov General 91 59% s . 101 98% — 130% 10*3 ' 90 99 ' 75 103% 30 — 105% 114% 24 105 *99 ' w— W 71 72 *101 "*■ ♦104 104% 103% __ 103% 102 — 124% 125'A t". May-Nov ' 74 *75% ' 1955-Jan-July 104% *68% " 102% 105 125% First lien and ref: mtge 3%s ser C 1973-Apni-Ocf Second 107% *102 —■. —ApriZ-Oct Virginian Ry Saguenay Power 3s series A 1971 Mar-Sept St. Lawrence & Adirond'k 1st gold 5s 1996—Jan-July 107% 105 — 1978—Mar-Sept First 10 Y* 107% *106% — 1963 1979 Virginia & Southwest first gtd 5s 2003 8% 8% 1955—Feb-Aug First and refund mtge 27As ser G 107% 106% 8 8% series mtge 2%s ser E 1975__Mar-Sept __ *6% gtd 4s fund series B 1957 & Power Co— -t Deferred a in is a delivery sale the Included in not year's range, the n year's range, combination of all . sales on both . . ■ ■ Exchanges. *. ■ < NEW YORK CURB EXCHANGE WEEKLY AND YEARLY RECORD . In the following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, April 29 ending the current Friday, May 5. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have occurred during the current year. and RANGE Friday Week's ENDED MAY 5 Week's Sales STOCKS Last Range for Week New York Curb Exchange Sale Price of Prices Shares for Week Shares WEEK Sales Range of Prices FOR Friday ' STOCKS New York Curb Last Exchange Sale Price ' Range Since January 1 . Acme Aluminum „ — Ainsworth Air Associates Inc (N common Jfj*—^ Air-Way Electric Appllance_z For footnotes see page 33. Low High 1% 2 1% Jan* 2 3% 4% 2,400 3 Jan 4% 24% 24% 100 21 Jan 4'A 4% 400 2% 3% 3,200 1% 13% 8,300 10% Apr 9'A 200 7% Jan 5,200 7% Jan — . 1 • 5 2% S 500 4% Mar May Apr 24% May 5% Jan 3% Jan Apr Alabama Great Southern Alabama Power 4.20% Alaska Inc Alles Airlines & Fisher preferred 12 1 9% 3 11% 12 ♦ 13% May .. 9 % 12 May Apr Allied Products Altes Brewing Altofer Bros 50 91 100 — 90% 91 100% 101% 50 80 Jan 91 75 99% Jan 102 4% 4% 4% 3,100 (Mich) common Co common 4 Apr 1 3% 3% 100 3% Jan 5 1 17% 17% 400 16 % 500 .5% Jan 5% Apr * 6 5% Mar ... . j .,4 Jan .18% Jan 5% May Feb 5 Ye Mar Jan 5% 1 High Low High common. Allied International Investing Corp 12 Low Par High 3% 1 Stores.,,' Manufacturing 1 10 Supply Manufacturing. Agnew Surpass Shoe Low 1% warranty** Alloys Acme Wire Co common., Adam Hat Stores Inc Aero Par Range Since January 1 ' ' ■ ACF-Brlll Motors Feb .-.J, .. 6% Jan 6 Jan c; } - v Volume 171 Number 4905 . . The Commercial and Financial Chronicle . (1909) 2f> NEW YORK BOND RECORD RANGE r; BONDS Friday , Interest New York Stock Exchange Last Period WEEK ENDED Bends Bid & Asked Low debentures 1965 High 89 89 ♦102 New York Stock Exchange Pittsburgh Steel 1st mortgage 4y«s 1958 103% 107% 1.-% 83 100 102 102% 103 1 100%- 102% — Refund 5Vis lncdme debentures Potomac Elec Power 1st First mortgage 3 Vis First mortgage 3s First Public 3s 96'A 93 96% 95 % 95% 99% 99% 108 99% 100% 102 % and M and gold 5s M Pacific-Missouri RR of New series B 3%s series first refund 1970_Apr«-Oct C 3%s E 104 I28V2 104% 104% 14 103% Orleans 3%s 1974 106 103% 103% June-Deo 4 103% 103% 61% 25% 96% 96% Tri-Continental 104 4 1051/4 Union Oil 109% Union Pacific of Missouri of 1961 Mar-Sept Jan-July '"V . 7 69'A 327/a 92 359 " " 97 152 225 106% United Biscuit Co 104% 105'A United sS O — IOO1/4 — 101% 3%s 2%s 1971 2%s debs 110% S debentures 1976 of America 2%s Corp Rubber 109% 109% 109'A 17 108% 102% 102% 2 102% 105% 1051/8 1051/8 1 104 % 105% 102% 1021/2 6 1Q2V4 103% 103% 103% 11 103 105 April-Oct 1970 Refunding mortgage 2%s series C Gas May-Nov 2%s 1975 June-Deo 103% RR— 106% *101 % 102% 52 21% 18 63 ♦lOO'A lOl'/a May-Nov California 151% 104% debs 1968 222 225 •— Co debentures 1061% __ ♦221 131% U 103% ——. 2%s Corp First mortgage and coll trust 2%s 1964 98% 10 Pacific— 2%s Feb-Aug 1991_Mar-Sept Aprii-Oct 103% 95 Vi 1966 1970 debentures debentures 2%s 1976 9 ♦103 97% 103 Vi 103% 967/e *97% 99% 99% 89 89 3 . 99 99% 89 5 Mar-Sept 98Vi 98% April-Oct 1967 94% 102 J/2 95% *102 Jan-July May-Nov Universal Pictures 3%s debentures 1959 debentures 101 13 23% 100 ♦105% 106% refunding mortgage 2%s 1979-June-Deo 2%a IOI1/2 99% 131 1985_Jan-July 105 — ♦106% 107% •151% refunding mortgage 8s 2037__June-Dec refunding mortgage 3s 1972—May-Nov Oats 98% 23 % U Quaker 106% 1 131 % 98% 98% June-Deo ser 126 105 105% 98% 98'/2 1990_April-Oct 2000 119% 104 108'A 100 High 36 61% 3s 104 I Low — 105% 106 96% Union Electric 1963 May-No® refunding mortgage 3Vis 1968_Jan-July and refunding mortgage 5s 2037—Jan-July and refund Pacific 105% lOa'A 105 •98% 103 Jan, No. *103% 104% 105% first refunding 4s 1960 Jan-July AAdjustment income 5s Jan 1960 —April-Oct & Ohio Cent ref and impt 3%s I960—June-Deo May-Nov Mar-Sept First and 3 Vis *125% May-Nov tlhlrd Ave Ry Co— First M & Texas 108 2 3 ♦104% 105% First refund General 96% 11 102% 103 Jan-July 1956 and Term 108% 108% and First and 92% — Feb-Aug ft Gas Aprll-Oct Tol debentures First 19 ♦111 1966—Jan-July . Jan-July 2%s series D 1985 Texas June-Dec 1984 4s Electric 93 12 June-Dec 1983 Terminal Service 6 95% Feb-Aug M 4s series C 2019 and lmpt First Ry— 1977 mortgage 2%s Providence 95% 95% 1964__Jan-July 3V4S mtge 95% 95'/a and impt Refund Texas Corp 3s debentures 1965 Texas ft New Orleans RR— First June-Dec 1959 First mortgage 4Vis series C 1960 Pittsburgh Youngstown ft Ashtabula First general 5s series B 1962 First general 5s series C 1974 First general 4Vis series D 1977 Co 102% 102% April-Oct April-Oct mortgage 4Vis series B Plttston . Range Since Sold High Terminal RR Assn of St Louis— 89 •: 8 102% Bonds Bid & Asked 108% 103% Friday's or Sale Price Low ' ; 102% 102% April-Oct Pittsburgh & West Virginia Ry— First mortgage 4Vis series A 1958 First 102'/a Week's Range Last Period High 1 ■ Low 3 107% 107% Interest BONDS Jan. 1 No. 105% 106 Jan-July 5 Range Since Sold Pittsburgh Consolidation Coal— 3Vis MAY Friday Friday's or Sale Price Pittsburgh Cine Chicago ft St Louis RR— General mortgage 6s series A 1970 June-Dee General mortgage 5s series B 1975 April-Oct General mortgage 3%s series E 1975 April-Oct Pittsb Coke & Chem 1st mtge 3 Vis 1964—May-No® FOR Week's Range 92 102% R Reading Co first & ref 3 Vis series D 1995 -May-Nov Reynolds (R J) Rochester Tobacco 3s debs Gas General 1973 91% 91% _April-OcI 4Vis series D 1977- _Mar-Sepf ♦120% mortgage 3%s series H 1967- _Mar-Sepf *106% mortgage General 10 91% Vandalla 95'A IO41/2 105% 3Vis I __ __ ♦106% 107% *6% 106% 8 8% gtd 4s series A fund & series Power 1957 B * 1955—Feb-Aug May-Nov 107% 7 8% 8'A 8% 10 consolidated First 10 % Virginian Ry 107J/2 IO71/2 105 107'/a 102 103% 105 — 105% 'Se V" 1958 5s series B 3s 105 Vi 107% *106% Co— *102 3Vis convertible debentures 1963— Aprii-Oct First and refund mtge 2%s ser G 1979—June-Dec Virginia & Southwest first gtd 5s 2003 Jan-July — General mortgage 3 Vis Series J 1969— -Mar-Sept f A Rut-Canadian 4s stamped 1949 _Jan-July ARutland RR 4Vis stamped 1941 -Jan-July consol sinking Electric First and refund mtge 2%s ser E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept 1967- _Mar-Sept series RR Consol Virginia mortgage General 92 •104% 105% Electric Corp— & 124% 125% 125% *104 First lien and ref mtge 3 Vis ser 114% 130% 103 103% 90 May-Nov C 1973-Aprii-Oct 24 103% 105 *99 .Aprii-Oct 1995 102% 99 90 6 88'A 99 6 99 103 103 7 103 75 75 ' ! 91% 101 ~ ; -A 1041/2 j { S Saguenay Power Ss series A St. St 1971 Mar-Sept gold 5s 1996—Jan-July April-Oct stamped 1955-Jan-July Lawrence & Adlrond'k 1st Second gold 6s 1996 Louis ♦104 St 1st "mortgage 4s series A St 1997_ 103% 74 65 •*—. 91 mtge lnc-sVis series A Jan 2022—.May Ry— 59 75 98% - Wabash RR Co— 101 92 57% 59% 383 119% 15 118% 2 99% 90 94% 56% 91 First bond certificates 4s General 1989 ,May-No® 1989-Jan-July 103% 103 St Paul ref gold & Duluth first St Paul Union 5s series A 1990—Jan-July cons gold 4s 1968-June-Dec 3%s B 1971— Aprll-Oct Scioto V & New England 1st gtd 4s 1989—May-No® Seaboard First Air Line mortgage RR Co— 66% series 4s A 1996 3s debentures Shell Union Skelly Oil 100 85 Corp coll *102% 98% 1965— debentures 2"Vis debentures Southern Indiana 127% 100 101% 98% 1985 1987 Ry 2%s 1994 271 99% 75% 981/4 — Gen 98% 53% First 4 Vis (Oregon Lines) 4 Vis 1969 Gold 3s 4 Vis A 1977 68%, 2 102 »/2 98% 123'A 101 107% 16 100% 102 - 101% 104% 104 105 77 2%s 124 83 — — 77% 6 100% 101% 84 99% 95% 95% 96 129 95 92% 92% 93% 156 92 San Fran Term 1st mtge Pa%iflc RR Co— 3%s Apr-Oct 103% 102% 103% 685 ser A 1975_June-Dec *102% 100% First mortgage 27As series E 1986 mortgage 2%s series F mortgage 2 Vis series G 1996 Jan-July Jan-July 1961— Jan-July First Southern Ry first consol gold 5s 1994 Devel and general 4s series A 1956 Devel and general 6s series A 1956 Devel and general 6 Vis series A Memphis St Louis Div Div Southwestern 3 Vis first first Bell 5s gold 4s Tel debentures ASpokane gold 1956 1996 debs Internat first 1985 gold 4Vis (N J) debentures 2%s 23/is. debentures 1974 Sunray Oil Corp 27/«s debentures & Co 94% 106% 98 106% 106% 107% 107 % 1971 8 A First 1966 98% Jan-July 102% 99% 101% Wisconsin 2 1051/2 102% 503 1051/4 111% 31 1017/a 101% 1031/4 Jan-July April-Oct 103 J/e 103'/a 3. 102 103 102% 102% 1 102% ._Jan-July 1960 *1151/4 116 Vi 114% 115% ;i 103 1967 of Public 77 77% 38 74 46% 77% 471/4 S3 41 78% 76 : •' 77% j 48% .J; deposit Power 2%s 2%s June-Dec 1971 3'As *991/4 100 'A 99% 100% Mar-Sept Jan-July 1976 1979 Service *104% 107% 107 Vi 107% 300% 99% 100% 56% 102 40 — 98% 31 97% 98% 56 102% 103'A 101% 99% —— ; --":- the in the Bankruptcy year's range, n d-Ex-lnterest. range. e Under-the-rule sale not Included in the year's the year's range, y Ex-coupon. " Odd-let sale not r Cash sale ' I ' range, „ , A Bonds 102 104% flThese here is a 77 01 Act, or securities assumed by such companies. week. ♦Friday's bid and asked prices; no sales being transacted during current 101 101% 104 In Included SNegotiability impaired by maturity. ^Companies reported as being in bankruptcy, receivership, or reorganized under section 105 102% 102% delivery sale not Included in the year's Deferred a 59 103% ■ *— Yonkers Electric Light & Power 2%s 1976,Jan-July not 102 *— 95V4 101V4 *101'A 101% 108 Included ♦103% 104% 1973 1970 85 02 95Vi 109 103'A *101 94 94% 96 106 105'A 107 •101 debentures mortgage 3s 1958 Electric mortgage 100% Jan-July Jan-July 1972 1973 9 Mar-Sept S B first 4s A Certificates Wisconsin 101% May-No® 2%s debentures 102% 101'A 101% Jan-July Jan-July div and term first 4s 1936—May-Nov § ASu & Du 3 97% 101% _June-Dee Mar-Sept general 4s 1949 A Certificates of deposit 106% May-Nov ,"1 104% 105 104% ^Wisconsin Central Ry— 11 *55 10 102% 102% 2014 120% 102 8 ♦103'A 104 105% 96% 92'A 11 first Co 104% Muy Apr-Oct A Jan mortgage 3%s series D 100% 100% -April 1966—Feb-Aug 101% ., Co— 106'A 108% & 60 55% 37 22 64% 57 31 62'A 58% 103 7/b 102% 103% 101% 102% 102% Aprll-Oct ' debentures 92% 107% 90% 95 102% 104 2013 Standard Oil 2 Vis 87% 19 May-Nov Standard Oil of California 2%s debs Swift 93% 1061/a 106% 3.06 10 57% 107 »/2 Winston-Salem 95% 111 97 104 Jan-July Jan-July 1983 12 112% 113% April-Oct April-Oct April-Oct 1951 2%s ♦ Jan-July 106% 1041/2 .103% 103 First 103% 93 — 88% income 1971 convertible First 93% 87% 61 - Mar-Sept Wilson Southern First 105 105'/e Jan-July Mar-Sept 104'A 1021/4 „ debentures 2.65s 97 1960 103 5 106% 106 7/e 103% 101 1 106 Wheeling Steel 3 Vis series C 98% May-Nov debentures 106 54 50% 101% V *105% 106 Wheeling & Lake Erie RR 2%s A 1992 103% __May-Nov 1981 convertible 100 % 4Vis gold 5s 1951 30-year 5s I960— Westinghouse Electric Corp— 99% 106 — Pacific Union Telegraph 25-year 103'A 27 98% *— Mar-Sept ■< VS101 ; 105 »/e 105'/a 91 88 ' 2i "2: 101% 104.1/4 mtge 4'/2S-4s series A 1969 Western 99% 6 Southern Pacific Co— Gold 53 101% 101'/a Jan-July guaranteed 2361 1 - 79% 98% *100 registered 2361 Jan-July Maryland first mortgage 4s 1952_Aprll-Ocf Western 59 77% 4s 52 53 88 73 4 __ ♦106% 106% 77% 88 "81 73% 4 "V4. 75 75Vi 09% 100 Western 99% 63% 98% 10114 4s 86% 98% ♦123'A Jan-July Feb-Aug Jan-July Jan-July Income 4Vis series B Jan 1991 West Shore first 86% 102% 102% June-Dec 1979 23is 127 6 — 98% Ala RR gtd 5s 1963 April-Oct Telephone & Telegraph Co— debentures 106 104% V 1 63'/. 1941-Feb-Auy Jan-July 7s North Southern Bell 3s *98% 1971—April-Oct trust debentures 105 % ;■■*—. — 100 82% June-Dec Socony-Vacuum OH 2Vis 1976 South" & 100 June-Dec debentures 2Vis 2%s *126% May — 1974 Oil fgASilesian-Amer 103% 103% 10 ., *104 ..Jan-July mtge 4Vis series A Jan 2016 (Jos E.) & Sons 2Vis 1966 mtge April April RR first ref gtd gold 3Vis 2000—Feb-Aug Washington Terminal 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec General mortgage 3Vis 1967 Jan-July General mortgage 3s guaranteed 1979—May-Nov West Penn Electric 3Vis 1974 May-Not> West Penn Power 3J/2S series I 1966 Jan-July 120 ■ AGeneral Seagram 105% 105 *104% Depot , Warren 119 103% and • mtge 4s income series A Jan 1981— First mortgage 3 Vis series B 1971. _Feb-Aug Walworth Co conv debentures 3Vis 1976—May-Nov Louis-Southwestern Second 4s lnc bond certificates Nov • Gen Gen 91 Vi W 71 72 *101 Jan-July 104% " *75% Rocky Mt ft P 5s Louis-San Francisco Ry Co— •ASecond 104% *68% selling flat. Issues previously were combination of all listed sales on the Curb on both The Exchange. 1950 year's shown range Exchanges. NEW YORK CURB EXCHANGE WEEKLY AND YEARLY RECORD In the following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, April 29 ending the current Friday, May 5. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have occurred during the current year. and RANGE Week's friday STOCKS New York Curb WEEK ENDED MAY 5 Week's Sales STOCKS Last Range for Week New York Curb Exchange Sale Price of Prices Shares Sales Last Exchange FOR Friday for Week Sale Price of Prices Shares Range Since January 1 Range Since January 1 " Par ACF-Brill Motors Acme Adam Hat Stores — lnc Air common. (N J4^__; Air-Way Electric Appliance.For footnotes see 4'A 2,400 3 Jan 24 "4 24% 100 21 Jan 4'A 4% 400 3% 3,200 10 * 1 Manufacturing Associates lnc 2 3% " Aero Supply Manufacturings Agne^v Surpass Shoe Stores,,. Ainsworth 1% 3% 1 common,, page 33. Low High 1% warrants^*, Aluminum Alloys Acme Wire Co Low 1 2% 500 l'/a Jan " 2% 4% Mar 1% Jan High - 2 4% May Apr 24% May 5% Jan 3'A Apr • 12 V; 1 —3 — ■ Alabama Great Southern Alabama Alaska Power Airlines AJles & Fisher 4.20% 12 '91/4 11% 8,300 9'A 12 • io% Apr 200 13% lnc 7% 5,200 7% Corp 5 1 Jan 12 Altofer • Apr Bros (Mich) common common Jan 91 May 99% Jan 102 Feb 4'A 4'/a 3,100 ~3% 17 y4 17% 91 ■•> — — Apr Jan ■ 5% ■' 6 -- — ' 100 • 16 % 500 V 3% 400 5% 5 Vfe Mar Jan 4 5% — 1 Altes Brewing Co— 80 75 ~3% 1 common 50 90 '/a 4% 1 Jan Products High Low High 100% 101'A 91 100 13% May 9 % May Allied Low 50 preferred Allied International Investing — 5 'Par - 51/2 Jan ,18% Feb * 6% Jan v 6 Jan » Jan. 5% Mar 4 ;. Apr Jan #0 ' (1910) YORK NEW - Friday Week's Last Range of Prices Shares " ■" ■' ' '• • common.^ $3.75 cumulative preferred Aluminum Goods Manufacturing Aluminum • — • Filter American Beverage Book Co American Class Jan 58% Mar 96% Jan 101% Mar 100 24Jan 6 300 56% 3,000 14% 300 13% % 6,800 ,7* % 1% 78 1% 78 $2.50 convertible American Hard Jan 8% Jan 100 10c American Jan 15 Laundry Machine Manufacturing Co Metal American It Mar Jan 76% 8% 1% Feb 1,600 Mar Jan 85 Jan Apr 125 110% Mar Feb 1% Jan 115 Conv 1,500 1% Apr 34% 350 33% Apr 36% Mar 39 34 12% Jan 41% Mar 10% Jan 13% 11% 12% 950 2% Jan 18 % Apr 21% 600 14% Apr 18% Jan Cessna Aircraft Co 4% 16,200 3% Feb 4% Apr Chamberlin 19 20% 3,300 13% Jan 20% May Charis 55% 57 700 47 Jan 58% 34% Jan 37% Mar 27% 27'A 25 26 Apr 31 Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet Si Machine Chicago 81 Southern Air Lines • 57 • Class B • Apr Feb 27 27% 2,100 26 Jan 31 Feb 33% 33 34% 2,100 27% Feb 36% Apr 2 8% 3% Jan 10c American 27 ZZZZlO Republics™ % Seal-Kap common Superpower Corp common preferred preferred 23,000 % 3/4 11,100 % 116% Jan 4% 200 8% May Jan 50 5 common 8 J/4 128% 128'/4 • , Writing Paper 6 J/4 4% 4% Feb Chief Post Cities Service Angerman Co Inc Anglo-Iranian Oil Amer dep Apr City & Suburban Homes Clark 7% Apr 5% Mar 6% Jan Claude 6 6% 700 6 May 7% Jan Clayton & Lambert Manufacturing. 14% Apr Club Aluminum Apex-Elec Manufacturing Co Appalachian Elec Pwr 4»/a% pfd Argus Inc Arkansas Natural fGas common $1.20 conv 6% 111% 80 109% Jan 4 4% 5,500 3% Jan * 10% 10% 11 '/a 5,600 10% 11% 17,000 10 J/2 10% 3,100 10% Feb 115% 115'/a 30 114% Jan 1,800 8% Jan 11% Jan 3,800 x21% Feb 24% Apr 23% Mar 25% Feb Consolidated 12% Mar 2.50 10'/a 10 10% 1 24% 23% 24% • Rdfining 25 24% 25'/a 1,500 11% 10% 11% 2,600 Co__, ZZZZl Corp Associated Electric Industries— American dep rets __£i reg__ Associated Laundries of America Atlas Inc 6% 7% 112 Apr Jan 4% May 12% Jan Colon Development Baldwin 7% preferred Jan Colt's Jan Commodore Jan Feb 6% Apr Manufacturing Co American common Vtc ext to 1956 - Gas Utilities Barium Basic Benson Si Hedges . Jan 517/a Apr Cornucopia Gold Mines 5% 11,700 5 Jan 6% Feb Coro 16% 3,100 1,300 15% Mar 17% Jan Corroon Si 6% Feb 8% Jan 5 15% 16 5% 6 8% 8% 7% 7% 7% 16% 17 11% 11% 11% 500 5 8 400 500 1,800 Apr Jan II Jan ■ 6% Mar 9 Jan 16% Mar 22 Jan 10% 13% Feb Feb s 37% 37% 11% 12 Inc 4% 4% II"II • Cosdcn 5% Petroleum i I_i • " "power • 1 common dep receipts rets ord reg British Celanese Ltd— Amer dep rets oid reg British Columbia Power class Class B "♦ 10s A Buckeye Bunker Pipe Hill class 1 2 50 B • "250 Burd Piston Ring Co Corp Amer dep rets Burry Biscuit Corp 5% Mar 17,100 500 200 33/4 Jan 6 J/2 Mar 12 J/2 Jan 5% Apr 7% Mar 5'% Mar 17% Feb Products American dep rets 5% Calamba Sugar Estate Electric 5% Canada Cement Co Ltd 6 V2 % preference 800 7 Apr 70 52 Jan 250 15 Jan 7 100 ' , 15% 10 „ 4 »/8 106 15% 10% ... 1,800 —— 4 60 4% 9,900 8 8 >/8 300 60 62 675 19% 170 5% 200 19% 20% 7% 8 J/4 — 19 — 5 19% 7% , 24 24 __ 20 (Md% Cuban Atlantic Sugar Class B 20 73/4 Jan 8% 115 Curtis Lighting Inc common Curtis Manufacturing Co (Mo) Feb 16% Carey Baxter Carman Si Carnation Carolina & Davidson-Brothers Inc • 3% Apr Mar 11 10% 13 % Jan Jan 7'A Mar 4 % Mar 9% Jan footnote* Mr onee Apr 6% Jan 8% Mar 4 2o 25% 3,500 25 Apr 31 Jan 63/4 1,700 6 Mar 8 Jan 13 J/2 Mar 15 Apr Feb 51% 400 5% Jan 6% 53/4 3,400 4'A Jan 6 J/2 Feb 4% 5 5 J/4 2,000 4% Jan 5% Apr 2,025 39% 51% 7% 453/8 55 7 Jan 73/8 2,000 6% Jan 43% 1 453/0 3,150 33% Jan 9% 9% 13 10'A 12% 55 Apr 7% Apr 45% Mar 600 13 86 3/» Feb 11 2 3 18% 34 10 Apr 78'A Mar 88% Jan 2% Mar 4,100 100 3/a rV 5'A 22,600 18% 33 * 14% Jan 6,700 3% Jan 1,050 88 3 3 J/2 1,700 9% Jan 121/2 4% 1 Mar 3 13% Jan Jan May 20 30 34 4,400 Apr May tV Jan J/2 Jan Jan V8 9% 10 J/4 .700 9 Apr 11% 6% 6% 1,500 6'A Jan 7% 17 Feb 3'/2 May 6% Feb 17 17% 1,500 16% Jan 17% Mar 9 9% 93/8 5,000 5'/2 Jan 10 Apr 51 Apr 48 3/8 49 550 34'A Jan 3 J/2' 3% 300 2% Mar 31% — 33 J/b 1% 33% 11,000 1% 1 % 6,700 2% 3% 800 6 6 J/2 5% 6% 11% 11 »/8 200 2% * „ * 25c 2% 2,100 30% 1 Apr Jan 3% May 33% May 1% Apr 21/4 Mar 3% Feb 2,300 5 J/4 Jan 7 % Jan 3,400 5% Apr 6% Jan 11 ♦ Feb 12 Mar 21/2 Mar 3 'A Jan 2'A — Jan 334 Apr 50 J/4 Jan 63 63% 110 19% 20% 6,800 11 11% 200 10 .14 14% 150 131/4 10 20% — 18% Jan Feb 5'A Mar — Jan 69 Apr 21% Jan 12% Jan 6% Apr 15J/4 Feb 5"% Jan 5,200 .16'/a Devoe & Raynolds class B__ Jan 20% Apr Distillers Co 1,500 5 Jan 8% Apr 50 100 23J/2 Mar 25% Feb 200 Dobeckmun Co 3% 700 Jan 213/4 Apr 23% Jan Dominion Steel & Jan 11% Apr Dominion Textile Co Ltd 11 Apr Jan 1,600 14% Jan 20 3,200 17% Feb 19% Mar 12% 6% Jan 5% Jan 6 4% 3,100 Feb Mar Mar 6% 12% 4% 4% 400 4% 8% 4% 300 612 7% 9,300 8% 5,000 x8% 23 23 50 Apr 9 iV Jan 3% Jan 3% Mar 4 % Apr 5H Mar 8 22% Jan Jan 20% Apr 5 2% Apr 5% Mar 7% Apr 9% Mar 24 Mar Apr 16 Jan 10 V2 Apr X9% 100 7% Jan 10% Apr ■■v 7% 7% 4% 22,100 20% 500 7% 500 2% 17 76 78 113% 113% 2% 3% 300 7% 63 Apr 150% Mar Jan 4% Jan Jan Jan 24% Mar Jan 12 Feb Apr 2 Apr II1/2 Apr 2% Apr 12% 1,400 4 J/2 4% 7,800 12 J/s Mar 3% 37 Jan Jan 18 18 18 600 16% — 22 22 100 22 14% Jan 4% May 38% Apr • 80% Jan 18% Jan May 24% Feb 91/4 Mar • 10 J/a Feb 79% 80% 525 69 Jan 83 Apr 28% 29 200 24'% Mar 30 Apr 90 700 85 98 Mar Jan l- £l reg Co 1 common 5% ~3% ~3% "3% 1,900 "4 J/2 • Eastern Gas As Fuel Assn 6% Apr • 1 14% 700 14% 14 4 J/2 1,900 2,500 2% Feb 3% l2-»/4 • Duro Test Corp common Duval Sulphur & Potash Co Feb Feb 14% Jan 3% Mar 51/4 Apr 13 Mar 17 Apr Jan E prior common Jan 21% 70 % 750 61 651/2 1,150 • Emsco Derrick & Equipment 1 Jan 4 70 Apr 75 Jan 66 25 61 Apr 67% Jan 18% Jan 20% 21 400 12% 12 J/4 13 3,800 20% 20% 21 23,700 1 12% 12% 18 J/2 100 •• - / 1% 5 / 4 1 17% Jan 11% Jan 103 % Feb 5% Jan 400 1% 7,700 43 ,100 12 Feb 1% Jan \h 48,800 A Jan 15 Jan Apr 19% Mar 1*% Mar 6 4% May 1 23% Mar 19% x45 1,000 " Apr 107% May X6J/4 Jan Jan 42 53/8 J/2 % Mar 13% 500 16 1% 43 Feb 81 Jan 20 5% "1 6 16 — 23 Jan 8% 2,000 107% 1073% 1 10 Jan 77J/2 1 Eureka Pipe Line common Jan 3 125 — 1 Corp Ltd 30% 400 73 • _1 Esquire Inc Apr "3% 1 5 Feb 66 — 10c common $3 convertible preferred Jan 73% Mar 75 "3% 5 common 3% Jan Apr 73 —— • Common shares of beneficial lnt 2% Mar 67 60 J/2 26'A "3 J/a • $5 pfd shares of beneficial int Easy Washing Machine class B Eureka 66 J/2 61 _25 Corp $7 preferred series A $6 preferred series B Eastern Sugar Associates— Equity Corp 2 J/2 66 J/2 100 Electric Bond As Share 2% 100 preferred preferred Jan Jan i« 16 J/2 Apr Feb Apr Apr Apr 2% Mar 76 9J/4 1% 22% 89 Hosiery class B Eastern States Apr 7% 3% 200 1,700 12 J/2 Jan 5% 100 20 Jan Jan 5,800 4% Jan % X9% 150% Map 3% 5 146 Jan 6% 1 % Mar 7 Apr 2 5/a 11 25 Ltd common dep rets ord Duraloy (The) Durham Feb. 8 % 141/4 Mar Apr 16% American 135 30 10% 24 Feb Jan 11% 38,500 4% 6 Jan 1,700 2,000 950 141/4 13% Mar 12% 15 7% 10 Dunlop Rubber Co Ltd— 19% 11% 1,600 Jan 2% 23 Duke Power Co 18% 2,000 5% 10% — 2 J/2 24 10 Apr 19 Xl4% Co Co Apr 3'/a May 19 12% 100 — Apr 10% 12% * Harris 2% 18% 6 1 6% 700 • Coal class B Si Chemical 25% 18% 6 141 1 Jan 200 13 141 12% 1 Draper Corp Jan X25% 7 . 2% 50 7 J/8 28 12% 1% Domestic Credit Corp class A Dominion Bridge Co Ltd 23% Jan Jan 1 33% 1% Mar 2% Hf • common- 22% Mar Feb Driver 1,600 Jan x7J/s Apr 2 Ltd— Dominion Tar 2% 36% Apr 1% "e% — dep rets ord reg 4s Jan 8 Mar 6'/2 28 J/4 6% — 10 17 12% 12% American Products 32 .... 103/4 5% Steel 34 100 300 — 100 Jan X9% I—1 6 5% ~5% 5 5 16 1 Jan 26% 6 35 Detroit Apr X9% • 33 Apr 7% 50c common Detroit Gasket & Manufacturing Detroit Gray Iron Foundry 300 3% A 23 % Mar 63 12% 15 Dennison Mfg class 8% debenture Electrographlc Corp common Empire District Electric 5 "h pfd Empire Millwork Corp & Light $5 pfd_ Carr-Consolidated Biscuit Co 6% Jan 10c 84% Mar -2.50 common Jan 1% 1 common Jan 22'/a 2% 1 Co Co Power 2'A 76,000 D Jan -100 Kennedy Inc 9,400 5% 5 Day Mines Inc Dayton Rubber Co class A Dejay Stores common Feb 7% Mar """" common- 5% 53/0 2.50 Jan .2 Canadian Marconi Capital City Products 15% 5 »/4 5% 2.50 Davenport Hosiery Mills Apr common" , 17 15 s/8 5'/a • Mar 103/4 — 5 Canadian Industries Ltd— 7% preferred 151/8 Mar 15% 5 common 19 213/4 — 1 voting non-voting 300 Jan 1 5 78 Canners Ltd common Convertible preferred Canadian Industrial Alcohol—"" A May ■ 51 «... 24% 11% Canadian Class 15 Jan 7'A 7% 100 700 £1 IIIi Camden Fire Insurance Canada Bread Co Ltd Jan Feb common-—50c Power 12% Jan 12%o Calgaxy Si Edmonton Corp Ltd™ California 200 Apr 123/8 % preferred Apr 15 50 Eastern Malleable Iron Electric 17 15 - (ord reg)„£1 Crown Cork Internat'l "A" partic Drug Co common Crystal Oil Refining common $6 preferred 4%% Cables & Wireless— 78% Feb 1 6% Cable Feb XI5J/2 1 2% _i I" 65% 1,100 1 Crown 12% • Burma 24,600 17 1 Jan 35% preferred—Ilo Sullivan 75% 16% 6 Apr 1J/2 Mar • Line & 14% • DistillersIIIIIIIIIIIHi Ltd 7 . I ~~£i Brown Rubber Co common Bruce (E L) Co common 4,600 733% 5 12% 33% Mar • £i dep Mills Jan Feb 75% _• convertible preferred American 38% 800 1 American Tobacco— Amer dep rets ord bearer Bruck Jan 500 • Co_IIIIIIIIH> junior 9% 2% — Brown Forman 4% cumulative 35% Mar 35% Class A British Jan l'/4 Courtaulds Ltd— Crown Cent Petroleum 34 •% coml* CoZZZZZZZZ Apr 1J/4 1% 1 common Feb 2% i 2«? Manufacturing Co 59% 34% 25 preferrecLlOO British-American Oil Apr 12'/a 3 Corp common Bridgeport Gas Light Amer 400 1,200 52% 12'/a IIIIIIl Breeze 5'/a 6% 14% i Bohack (H C) Co common 5V2% prior cumulative Brillo 2,400 —. Co™ Apr 18 1% Crowley Milner & Co ' l common Bourjois Inc Brazilian Traction Light & 8% • Reynolds common $1 preferred class A Cuban Tobacco common 7 I_ common Borne, Scrymser 54% 11% * Ridge Corp common Blumenthal (S) &iCo common 10 Apr Brewing Co Crosley Motors Inc 4% Blue Jan 7% 5c Croft • Bickford's inc coihmon Birdsboro Steel Fdry & ~Mach~ Co Blauner 53% 37% P~wr"£td common 7% 3,500 2 J/2 44 49% ■ \common 600 83/8 18% 350 l Cotp Refractories Inc_II__HH" Aircraft 8% 1 51% Andes— Bell Telephone of > Canada Benrus Watch CoVlnc— Apr 8% 1 Continental Car-Na-Var Corp Continental Foundry & Machine Co Cook Paint Si Varnish Co 3 Steel Bellanca 20% 87% Jan 53% Baumann Jan Apr Jan 1 Jan 5 (L) & po common Beau-Brummel Tips common Beck (AS) Shoe Corp ' 11% 64% 17% Liquidating Corp • Consolidated Mining Si Smelting Ltd—5 Consolidated Royalty Oil iO 3% 25 common common Barcelona Tr Lt Si 9 J/4 Mar 60'A Mar Compo Shoe Machinery— 67% % Mar Apr 200 1 Jan 800 10 475 25 Apr 30 shares Jan 200 25 Hotel Inc Community Public Service 2% Co C?o 8% 93/4 1 41% 1 L Rubber Banco de los 250 ~6 150 Locomotjive Baldwin Jan 10 • Creole Petroleum Wlftbjg Apr 7% 19 S/8 Colonial Sand Si Stone Co_. 12% 116% Mar si}. Si 5>4 Feb 643/8 1 11 Apr IB Babcock Jan 6 J/2 9 ordinary 9,600 • - preferred, i— 38% 3% 600 9% Colonial Airlines- 3% 5 Automatic Voting Machine™ Ayrshire ColliSries Corp Jan 4,400 7 ~ 52,} % Jan 37 20 5% 19 >/2 —20 3 IIIII products 9% Apr 37% " Products Co_— 50 % • ZZZZ-ZZZl Avery (B F) Si Sons 10% 3% 63% ... j, Corp warrants Plywood Corp Steel Jan Apr 6% IIIIIIIII50 Automatic common • Associated Tel & (Tel class A Atlantic Coast Fisheries Atlantic Coast Lipe Co Atlas 11 10% — Feb 45/8 Consolidated • 10 Apr 19% Cockshutt Plow Co common 4,000 111 preferred Aspinook (The) 73/4 7% 4% 7'A Feb 81/8 3% Mar 111% - Equipment C0rp Ashland Oil & Feb J "io pfd_IIII_« — Jan 2% 1 Common class A non-voting.. 6% preferred Arkansas Power St Light $7 12% 100 IlOO . Aro Manufacturing Co Cimchiield Coal Corp common 100 3% 21% Feb 1 Jan 300 13% Feb Jan 7 —1 3,100 3% 14 J/2 64% Co— 7'/a 13% 500 6% -- —10 53/4 13% 250 7% 37% 7 5 6% i 16% 1 5% £1 II Mar 21% —10 5 Ltd— Co rets ord reg Angostura-Wupperman 173 Jan 7% 6% — Jan / 5% 1 Feb 142 J% 3 J/2 ' 2 common Jan Apr 22 4 common Inc 10% 97% Jan 380 167% 7 J/2 ~4% .—5 City Auto Stamping Neon Apr Jan 8 J/4 —10 Mining— Mar Controller Jan 14% ~~ —10 common Consolidated 71/4 85% Mar 50 18 16 .2.50 5 Products 1,200 trust certificates Clarostat Anchor 8% — 1 common America—. 133 Jan 6 \l Votine Jan 164 —10 550 15% pfdlll25 Jan 81% Jan 14 J/2 164 2 — 19% class A 4% 90 % Mar 5V„ Jan 26% Jan 94 —10 4% Carp 5,700 8% -100 Conv pfd opt div series 1929 Century Electric Co common Century Investors Inc Convertible preference 19 19 6% 84 J/4 16% -100 15% 2 22% Mar series— -100 div opt of 250 25 Jan 6% 1 preferred Co 6 J/a 3% Mar -i.uU 4% Jan 5% 400 83% 6% preferred. -100 15% Co Natural Gas Co 6% 5% 1 pra nigni preferred 300 24% .-100 19% common Potash Si Chem Thread ot 1 5% 4% Co— Power preferred Central fuwer 1% Mar "Ilio ; 20 American series 9% Mar High 5% 5% • & Co Maine 3.50% Low 4% 1 Catalin Corp of America—; Central Bange Since January 1 High 2s 6d common— common 25 com American American Products 1 Products Meter Co Castle (AM) Mar 100 1 Maracaibo Co American W) (J 56% May 2% 1% 25 American 9% 110% 110% l Co American Carter SCentral States Elec 6% preferred Rubber 9% Shares Low £1 dep rets A ord Amer dep rets B ord Amer Central Ohio Steel Products 9% X , for Week Ltd— Carreras Casco 120 81 Range of Prices Par Feb 55% 1 26 Mar 45% Cities Power & Light— B American 7 51% Sales Week's Last Sale Price New York Curb Exchange High 11,200 14% I American General Corp common $2 convertible preferred $6 5 Friday 1,200 24 '/2 6% 55% 100 _ American Gas & Electric— 4%% preferred American 24% 18 common 55% 99% 100 6% —• 5% conv pfd 5American Bantam Car Co class A Amer MAY STOCKS'^"^*!* Low Monday, May 8,1950 ... EXCHANGE ENDED Bange Since January 1 High, 53% 100 Industries commonl American 54'/» 100 Aluminium Ltd common Air Low Par : Aluminum Co of America Amer WEEK for Week Sale Price CURB Sales STOCKS New York Curb Exchange FOR RANGE The Commercial and Financial Chronicle 9 Jan F 3% Mar Jan 81% Apr Faircblld Camera As Instrument 25 112% Apr 114% Jan 8,700 Falrchild Engine 2% Apr 3% Jan Fansteel & Airplane Metallurgical 1, 1 _1 • 25% 6% 15 24% 25% ~ 6% 7 J/2 14% 15% • 1,700 22% Jan 73,000 4% Jan 20,900 10J/» Jan 29% Mar 7% May 16 J/2 Apr Volume 171 Number 4905 The Commercial and Financial Chronicle .. , NEW (1911) YORK RANGE Friday Week's FOR CURB WEEK EXCHANGE ENDED MAY 5 Sales STOCKS Last Range Sale Price of Prices Shares Par Fire Association (Phila). -10 Low 67 Va First York Corp common 10c $2 dividend cumulative preferred— Fishman (M H) Co— STOCKS Low 68% 2% 33% x61% Feb 1,100 33% Range for Week Sale Price of Prices Shares High 570 3 Last New York Curb Exchange Range Since January 1 High 67 2% Apr 3% 31 % Mar 33% Apr 16% 21 Low Par Jan Feb 100 76 Jan Jim Brown Stores to $1 Ford Stores Motor Co American -- — — Feb Julian & 3% A 4 3% 1,700 32 30% 32% 38 33 38 6,400 3% Feb deposit receipts bearer % Fort Pitt Brewing Co_ (Peter) 14 * 400 Jan 32% May 22% Jan* 38 1.2 Brewing 4 % % May Gatineau 5% A) Power Co 7% 100 7% 29% Feb' 10 32 32% 300 12% 11% 12% 5,100 • common 92 - 5% 2 Corp com preferred 11% 5% 2 3% 1 20 1,100 Jan 2% ' ■ Jan 3% Jan 3% Jan 19% Feb '" • 4,300 rets ord reg— General Finance Corp 5% preferred series 23 25 £1 . A Fireprooflng General Outdoor Adv General Phoenix 6% 6% 3,800 10 Corp. * common 6% pfd General Plywood Corp common 44% 447/a 700 6% Jan 19% 1,000 Jan 12% 12% 150 11% Jan 13% Mar 9% Jan 12% Jan 12% Apr 19% 13 600 107/b Mar 13 Jan 34 Jan 6% Jan 2% Apr 3% Jan Co common (Walter) & Co.. 4% % Mar Feb 23 Feb 23% Mar preferred Georgia Power (6 preferred 4% 3,200 4 5 preferred Klein 1 Kleinert 10 8% 8% 40 25% 24% 103% 25 Va 1,100 Jan Jan 25 Va May 4% 4% 4% 3,300 16% 17% 7,800 11% 1ft 1ft 1,500 Corp 5 Jan 1 13 400 13 12% May 14% Mar 50 ~3% ,_1 3% 1 7% ~3% 4,300 7% 10,800 1 87/a 700 7% 13% 13% 1,000 13% Apr 2% 2% 3,100 mmmm 9 Feb 9% Jan 1 33%o Jan Jan Apr 13% Jan 16 2% 2 % Mar Jan Jan 41% Jan *49% Feb Feb 107% Jan 4% Jan 6% Feb 2% Jan Laclede-Chrlsty Company L'Aiglon Apparel Inc Lake Shore Mines Ltd 1 104 113 Apr 116% Mar Feb 107% 3 4% Jan 7% Apr Lakey Foundry & Machine Larason Corp of Delaware Lanston Monotype Machine La Salle Extension University Apr Lefcourt Feb Le Tourneau Feb ...1 5 5 5 15 10 10 Va 300 4% 3,300 12% 15 May 5 Jan 4% 1,100 10% 4% 1 22% Mar 14% 5 Feb Apr 4% Feb 107% 113% 113% ♦ lft 10 12 'A Mar Kobacker Stores Kropp (The) Forge Co Mar 18 May 400 13 12% 12% Apr 5% Jan 9% Mar —— 10 Feb 42 21 17% • Apr Jan 1 Co common 9% 38% 27/a 1 105% Mar Feb 7 4,800 600 39% 1 (I B) Rubber Co Hotels "8% 40 1 Lake G M Co Ltd (D Emil) Knott • 50 105 105 100 Kings County Lighting common 4% cumulative preferred King Seeley Corp Kingston Products Kirby Petroleum Kirkland — 8% Mar 100 • Gerity-Mich Corp Apr 7% 100% • , 8 Apr 6% May 7% Mar Mar 21 Kimberly-Clark Corp— Jan 1,600 ~6Va _50c $6 $5 pr3lerred j 44% 100 1 Public Service Kidde 18% 6% 6% 1 common General Jan 93% 1% Mar 4% 15% Kreuger Brewing Co 23 25 Feb 7% 6 % 19 5 13% Mar 3% Mar 5: 5% 57/s • Jan 900 3% 3V2 • Key 7% General Electric Co Ltd— General Apr pfd—100 Kennedy's Inc 91 4% 1 11% Jan? 15% Jan 92 1 : Builders Supply dep ' K Kaiser-Frazer Corp Kansas Gas & Electric 4%% Kawneer Co Feb ft Jan Jan' 32 % 100 convertible Amer High 1 Apr 2% , ; ' V\ ' 18 8% Mar 50 preferred Gellman Mfg Co common General Alloys Co 5% 500 7% preferred General 1,200 •9% 9 Co ft Feb 14% 5 convertible (Geo 19,600' U - 13% Franklin Simon & Co Inc common Fuller 4,700 Kokenge Co 5% Jan 21 Ford Motor of France— American 900 3% 2% 17% 2% Ltd— deposit rets ord reg non-voting Class B voting Fox Low 2% 2% Ford Motor of Canada— Class Range Since January 1 High 3 1 common Preference ' 5c Sales Week's Friday for Week New York Curb Exchange Mar Feb May 12 Va 8% Jan Jan Mar 8% Jan Apr 10 22% 6% 6% 6% 3,300 6% Mar 7 7 7% 3;300 6 Jan 700 19% 500 12 Va Feb 14 Apr 13% 2,000 12 % Apr 15% Feb 21% 1,900 19% 20% 14 14 12% 20% Giant Yellowknife Gold Mines Gilbert (A C) common * 20 20 200 17 Jan Gilchrist Co * 13% 13% 100 13% May 14% • Apr 17% Jan Corp common Lit Brothers common 24% 12% Apr 11% May 10% 10 % 400 10% May 12% Jan 13 Jan Loblaw Groceterias class A • 27% 27% 225 26 % 27% Apr —5 23% 23% 75 26 26% - Gladding McBean Glen Alden & Co 7% 25 * 14% 14% 14% 6,600 1 11% 11%' 11% 1,200 5 19 % 20% 2,400 1 3% Union Inc Co Gobel (Adolf) Inc common Godchaux Sugars class A Class B $4.50 prior preferred 1% Jan 20% May 4% Apr 50 41% Jan 45- 27% 27% 150 % ft 11,700 Manufacturing common 10 Graham-Paige Motors 5% conv pfd—25 Rapids Varnish __l Gray Manufacturing Co 5 72 72 74% 500 13 13 13% 500 1% 1st Great I i 9% 10% preferred— Northern • Feb 61% 134 800 139 % Longines-Wittnauer Watch Long Island Lighting Co— 133 133 76% Jan 16% Mar Jan Apr Utilities $4.40 pfd. Gypsum Lime & Alabastine certificates common w of 1 Co deposit • 6% preferred B ctfs of deposit Louisiana Land & Exploration Louisiana Power & Light $6 pfd, 12"% 9% May Jan Lynch Corp Jan 134% 170 130 Jan 41% 2,700 39 Apr 44% 100 100 1 • 2 27% 150 26% Apr 31% Feb 9% 10 400 9 Jan 10% Feb 112 110 109% Jan 100 112 • 112 16% Mar Apr 16% Mar 5 Bridge Co Ltd Hammermill Hartford 4% 5 17% 25 49% 50 1 Brewing Co Hathaway Bakeries Inc Mangel Stores Hecla * 14% Feb 17% Apr Jan 50% Feb 1% Jan 2% Manischewitz Jan 2% 2% 2% 2.700 1% Jan 10%. 10% 20% 20% 22% Class A common 5%%. preferred 4% preferred w Henry Holt & Co & Co Holophane Co Horder's Hormel 34% 34% 200' • Horn & Hardart preferred Hubbell & Hurd Lock Hussman Huyler's 150 Jan Jan 102 74 Jan 77 8% Jan 6% Jan 48 48 8% 2% 175 9% 19,500 2% 500 35% 200 163% 163% 32% 10 33 325 21 21 21% 85% 89 4% 4% 800 6,300 4% 1,300 2% Jan 3% Jan Apr 13% Jan Apr 46 Feb 160% Jan 5 35% May 167* Feb 34 Jan 32 % May Jan 18% Jan 81 Jan 3% Apr Jan Jan 111% 23 89% ' 4% 52 17 Apr Mar Apr Jan Mar Apr 3% 15 3% 1,100 Feb 3% Apr 16% 15 * Food Products Apr 9% Jan 8% 3% 1 Hygrade 487/a Apr 48% warrants Hydro-Electric Securities Apr 31 108% 88% 1 5% 42% • preferred 14% Jan 31 % Mar 34% 38% Mar Apr 375 13% Apr 18% Apr 3% 700 3% Jan 3% Apr 400 13% Apr 18% Jan 16 10 changed Higbie Mfg • 1 21% 22% 2 Co common 1% l'/a -100 preferred 1 Mesabi Iron Co— Metal Textile Corp common 1 2.50 • 10 1 Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common 6% preferred Micromatic Hone Corp 1 States Petroleum common 5 Corp $1 conv preferred—* Corp Oil Midland Steel common Co Midwest 14% 15% 4,100 2% 2% 3% 45,100 7% 8% 5,200 . "7 1% Apr Apr 13% 9% 17 Jan 4% Apr Feb 3% May 1%- Jart Jan 8% 104 Va Mar .... Jan Jan 31 6% Mar 110 Va May Apr 5 Apr 7% May 5% Jan 8 6% 7% 29,900 6% 6% 100 7 7% 2,800 6% Jan 7% Mar 8% 9% 4,200 7% Apr 9% May 1 % 1 % 100 77/a 8'/a 500 7% 7% 400 7Va 9% 10 Va 3,500 8% Feb 2% 8% 10 2% 2% 2,200 2 Jan 10% Jan 24 Jan 26 Feb 12 Apr 17% Mar 55% Mar Jan 53 — ... Feb ft 1% Feb 8% Feb 8% Jan Jan Feb 11 Apr 2}? Mar 9% Mar — 25% 25% 50 ■ — — 14% 13 Va 14% 21 % 20% 21% 25% Co 2% 2,600 5% 1,100 Mining Corp of Canada— Minnesota Power & Light 5% Public "2% 2% 5% 5% —y** 50 * pfd—100 • Service common 10% ■ 10% " 21% Apr Jan 25 % May l7/a 2% Apr 6% Jan 32% Jan Feb 5% Mar '••• 3,600 Jan Jan 23 % 650 —50c common 4 20 900 24 Jan Jan 3% 2,150 10 convertible preferred Missouri 1 27% 100 200 • Co Wohl 2,500 50c Piping & Supply common.—• Mid-West Refineries -1 4%% 1% 15% Midwest Miller Apr 8% dividend shares—• common Abrasive Oil 22% Products— $2 non-cumulative Midvale Mid-West Jan 8% 25c 15 preferred Participating Midland 18% 8% Mfg West Jin 2,200 28 28 • & Co class B Warrants Middle 7% 22% to Co Merritt Chapman & Scott Corp— Middle Feb 7 5) Oil (A G) A Jan Jan 6% 67/a 7 Company (Effective May 6%% 2% 2% 2,300 £1 x7% Mar Jan 2% Mar 12% May 44% Mar 8% Jan Mar 10% 32% Name 13% Mar Mar 3% .—5 common convertible 12% 11% 700 9% Apr 96% 5% * Manufacturing Co Refrigerator $2.25 pfd stock 12% Mar Jan 17 100 5% 5% 5 common Refining 11% 140 , 500 • & Common 12% 100 ^ Iric (Harvey) Humble Oil 12% 100% 15 common — Jan Marine 1 Jan 12% 163% International 8% 31 % Mar • (The B) Co. 1 Mar 11% • Apr 11% May 15% Mar Apr Menasco 10 13 35 Baking Co 14% 12% Mar May * 100 • Hardart 4,300 31% Mar 113% Mar 13 McClanahan 1,600 __1 (Geo A) & Co 200 Mar Jan Apr 12' McWilliams Dredging Mead Johnson & Co 11 12% 48 14% Mar 131 Jan 26 Va 111 400* McKee Jan 120 5 10 400* Jan 16% 100 common & 1st M 14,900 13% Apr 10% 10 Inc Horn 5% G 30 Va 11% 8% Jan 76 10 Hollinger Consolidated Holly Stores Inc xl4% 122 111 13% 22% 6% 75% 1 preferred class A 106 111 Feb 152 Jan 13 10% May 1 common 200 29% 30 I 13 16 2,200 100 w convertible (R) 700 5,100 8 12% 100 1 w 121 10% 2% May 11% Mar 16% 2 w Higbie Mfg Co common5% 7% • Heller Co Hoe 8 ! 675 13 Massey Harris common McAleer Mfg Company 47% 11 14,800 120 120 111 1% 14% Mar 13% Mar 13% 13 % 1 Apr 210 • Jan 133% 138 % 13% Apr 9% Mar Apr % 10 12% Jan 3,400 25c Mining Co Helena Rubinstein common 8% Co Marlon Power Shovel 2% 5 common—.: 100 1 common. Public Service Maine Jan 2 1 Corp Dept Stores 27% Mar 27 8,500 8% u Apr Apr Feb M 6% 4% Mar 600 17% ! Light Harvard Hearn 2,700 10% 1 Hazeltine 5% J Paper common Electric 6,400 27 Jan 22% 24 • f Hartford Rayon common Jan Apr 11 Communication Co Ltd. 5% ' • i 15% 5 Macklntosh-Hemphill Co Marconi H Lamp Co Hamilton 8% 8% 1 Feb Mapes Consolidated Mfg Co Hall 26 ■% Feb 27% 41% x21 10% Jan 146% Mar. 137 • i preferred A ctfs of deposit Apr 25c Gulf States 1% 10 (Texas) 8% 40 25 common New Jan Jan 128% Common x47% Mar 6 X21 26 % Chain Locke Steel Jan 9 500 • Apr Mar 80 2 I Paper Griesedieck Western Brewery Grocery Stores Products 135 100 _ 1 7% 5% Mar _ -1 Inc Lone Star Gas Co 6% Great Atlantic & Pacific Tea— common stock (R G) Jan 28% Jan 4%. Apr —_ Non-voting Mar ft Mar 45 _• Grand 25- 74 % __50 class A Inc Jan 7,200 • 1 Gorham 11 3% 43% 3 * „ Goldfield Consolidated Mines Goodman Manufacturing Co Gorham 19% 42% • Realty common Lionel Coal Glenmore Distilleries class B Globe 5% Mar 29% Apr 11% 10Va Mar Feb Mar 103% 104 50 101 Jan 40 100 34 Feb 40% Apr 40 40 105 Molybdenum Corp Imperial Chemical • 13 10% 13 15,400 7% Mar Industries— Imperial Tobacco of Canada £1 3% Mar 4% Apr • 22% 22% 23% 16,100 18% Mar 27% Apr * 22% 22% 23% 1,300 18% Mar 27% Apr 5 — — __ 11% — 11% pfd Cigar Preferred International A Jan 102 Mar 113 Jan 108% 1,250 103 Jan 16% 800 14 Jan .15% 83% < 10 82% 84 1,000 75% 9 9% 9 9 12 — 4,700 600 12% 800 16% May 11 Jan Muskogee Co Muter % 200 A Apr 1% 2,400 1% Jan d • 27% 27% 28% 10,300 27% Apr 30% Mar wd * 22% 22% 22% 5,300 21% Apr 23% Mar 4.90% Iron % 2 92% * xl3% 1 6% com class A__• {« Manufacturing vtc Irving Air Italian Superpower Corp Chute 13% 14 6% 7 Jan 09 Mar 1,200 13% 5% Jan 7% Feb % Apr 1% Jan 16% Jan Namm's —10 Corp Inc Jeanette Glass Co t Jefferson common— Lake Sulphur Co (N J) 1 4% 4% 800 1 7% 7% 1,600 Eellas National Breweries 7% Hess common common... Jan 34% 50 34% Jan 5% 2,300 14% 15 Va 1,900 32% 33% 470 5 170 100% 101 Feb 183% Mar Jan 38 Jan 6% Feb 13% Mar 15% Jan 31% 35% Mar 5 97 Jan 104 Feb Jan 25% Jan 48 Apr 24% 24% 200 24 44 45 45 150 32% Jan 400 7 Va 14% Mar 7% 7% Jan 8% Jan 100 12% Apr Feb 6,800 10% Jan 22% Apr 13% 400 12% Jan 900 Apr Apr 13% 4% 13% 13% 13% 20' 19% 22 13 Fuel Gas Mallinson Mfg & Stores common Pressure Radiator Co Rubber . Jan National Steel 8% Mar National Transit 4% Fabrics Cooker Ltd common 4% Feb 4 Jan 1 3% 3% 3% 13,200 —• . 26% 26% 27% 500 26% May 32% 35% Mar 36% Mar 12% 12 12% 12,300 10% 8% 9 700 7% Apr 1 12% 13 400 10% Jan 8% Jan 9% 9% 1,200 ——4 8% 9% 400 8 10 67/a 7 800 6% 9% 18% * 1' 3% 19% 125 17% 3% 3% 600 2% Mar 9% * Apr 14 Jan Jan 11 Mar 9% Jan Jan 7% Jan Jan 19% May 4% "Feb Jan" ■. /. Feb 13 Jan 1 common.—2 Machinery 3% 3% Mar • Car 6% 6% 13% For footnotes see page 33. , 25 preferred National National 3% Jan Jan 176 % 5% —1 common National 800 90 181% 183 N Nachman National ' U 3% 32% Feb 3,000 Feb 10 50c National % 107% Jan 2.50 common National . * common Company National 100 Feb 2% 34% Jan Co— preferred Fireman Jan 102% 12% Mar .% 1% Service Jan 175 1,100 5 Apr 105 Apr % Public 183 100 Mills Apr 1% Iowa & Tel 9% l com Tel 9% • Light States Verncn-Woodbury 24% Apr 7% Mar Jan Mountain Mt • Apr 2% 2% 10 Mountain States Power common— 97 104% 106% 2% • 10c of America Corp Producers Apr 84% 7% Plan Murray Ohio Mfg Co Muskegon Piston Ring common Jan 24% — 9 class 98% 107 — com Moody Investors participation pfd International Safety Razor B & A—1 Montgomery Ward & Co class A • Society Mountain Investors Royalty Iowa Illinois G & E Power Loan Feb 108% • . 4.80% Monroe Apr 60 • Products Iowa Apr 125 99% 99 cumulative preferred 100 cumulative pfd series B—100 13 101% • Registered shares w Apr 3% 11% 101 International Petroleum coupon shs___• com 8% 2% Mar Apr 101% 50 Industries 6% Mar 2,300 Jan 10 Machinery Metal 5,800 3 11% Hydro-Electric— $3.50 series International __ 100 Insurance Co of North America International 8% 2% Morris £1 — Inernational 7% 2% 8% 500 Imperial Tobacco of Great Britain & Indianapolis Pwr & Light 4% May 8% 1 Monongahela Power Co— *.4u%> American dep receipts registered Imperial Oil (Canada) coupon. Registered Ireland 13 1 Monoeram Pictures common Illinois Zinc Co common ?"« *■ ■ 31 32 (1912) The Commercial and Financial Chronicle YORK NEW RANGE Week's Last Range of Prices Snares Friday Par National Union Nestle Le Mur Co 4%% 5 Mexico Park Co common Share Niagara Corp North Central 5,900 7% 1% 2,900 tye ~9Vu Northern Ind 900 16% 16% 16% 6% Feb 1 12-/4 3 ... 1Z-/8 Feb St 7% Jan fat 10% 12 20 3/8 .5 20% 13 Jan Apr Mar 2% Salt 3% 13'/« <00 10%* 33% 2,100 2»/3 Jan 843/4 Jan 100 y4 Apr 6 3/a Jan 1* 10% 13,100 15% 15% 500 15 Apr Jan Oil •; United Filters % 375 933/4 Selected Feb 41V4 Jan Feb 32(4 31% 32% 1,800 • 11% 11% 12% 600 $5.50 Apr Jan 26 1% Mar 45 31,100 9,300 6% 53/4 : 6% 11% 11% 11% 114% Feb "5% • common Snoe Corp Jan 20"% Apr Sick's 9% Jan 113/4 May Can Co 5%% common 9 1st 1st pfd preferred 5% Power Public $1.30 1st 1st preferred. 1st preferred Pacific Light Service 5% Co 333/4 33% 333/4 500 313/4 31% 31% 313/4 200 29% 29% 23 29% 300 28 Mar 29 28% 29 8U0 28 Jan 28% 28% 23% 700 x28 105% 105% 150 103 105 100 * common preferred 15 common • 47 Va 47 Va 50 433/8 i 4% >433/8 44 * Penn A 1% Jan 14% Jan Jan 3% 28% 26% 29% 19,000 22% Jan 90 90 100 84% Jan 92 94% 94% 95% Mar Pep Boys (The) Pepperell Manufacturing Co Perfect Circle Corp, Pharls Tire 6c Rubber 25% 23% 26 9,200 20 y4 Jan 60% 60 61% 4,800 2.50 • "•. IIIl Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd Piper Aircraft Corp common *% % 10% 250 2% 107 35 55 55 5V4 3% Jan 53% Jan 59% Feb 1,000 11 Jan 13% Apr % Jan 200 - 12% J/2 '% 600 22% 1,300 123/4 4% 1 % Mar. 17 V8 1.300 21% 2 ii 9.600 2% 2% 2% 23/4 18% 7,500 IIIHI50 55% 57% 1,909 26% 273/4 common. 5 26% It "*m , II.IIIIsc common .2.50 common. •; 3% ? ... ,75 4,100 4 Jan 18 -► m Jan 6% 2.300 6% Apr 7% 16% 100 14% Jan 18 % 953/4 30 95 Mar 1.000 33 Jan Apr 12% 1,300 93/4 Jan 1,600 11% Jan 17% 1% Jan 2% . r 2% 14,200 7% 7% 100 7Mar 9% 9% 300 9% of 100 Apr Swan Apr 7% Mar Jan Finch Jan 25 99% Jan 1083% Apr Feb Apr Apr 18% 123/4 Jan 8% Apr Tampa 18 17% 18 500 143/4 11% 11 11% 375 10 3/4 H_lo common. ; 105 preferred—— Quebec Power Co .100 103% 105 7 620 98 Jan 154 Jan 159 13% Mar preferred 5 Electric 6.25 1 _ Reis (Robert) & Co 14% Feb (Texas Corpi 23 Apr 27 Feb 1.000 50 55 % Mar 6%' 77.400 Jan 13% Apr 5 5% 3,200 4 Feb 4% 1,600 3% Feb 4% 1% 100 % Apr 900 27% Jan 600 23% Jan 26 % Feb 2% Mar 3% Apr 2 ? Jan 2% Apr Jan 102% Feb 3% 3% 3% <4.900 2% 2% 2% 3,500 100% 50 5 100 37 36 37 33 93% 200 9 Va 9% . 93/a 7% 27% 600 7% 26% 10 25 1,300 1 1.400 Jan 9 5 For footnotes see oa«e " 93/4 Jan Jan 150 Mar 800 2% Mar 3% Jan 100 3% 4% Apr Apr 1% 8,800 200 16 1,400 12% 21% 36% 73% 18 300 9% 3/s 9% 19 — -* Jan Jan 1% Jan 13 Mar 22 Jan Mar Feb 33/a 17 ya Mar 18 Vs Feb Jan 500 37 2,200 63/4 7% 78,100 6% 7Va 167 7% 8,100 165% 167 r 8% 7% 6 300 8% 6% 7 9 Jan Jan 10% 34y. Jan 373/8 Mar 3% Jan 3% Jan 155 8Va Mar 7% Mar Jan 173 Mar 3,300 6% Jan 8% May 5,600 , 4'% Feb 7% Apr Apr 3% 4% 1,200 2% Mar 4% 5% 53/a 5 S/H 2,100 4y* 6% Mar 18% 1838 : 24% 24 % 10% 11% ; - ~i% 1% 6% 6% 17% ; 2% 100 Jan 16% Mar 18% 100 22 y2 Mar 25 Jan 300 , 10"% May 7% Feb 12'/+ Jan '2% 3,100 6% 3,200 18s 925 2% 100 % Jan 25/s 3% Jan 14 y* Jan 2 73/8 3% Jan Jan 150 16 y4 Feb 19% 15 700 13 Jan 163/4 4% 3% 3 350 3% 2,000 Apr Apr 13 2034 Apr 18 y^ Jan 17% 20% Apr 8%' Apr 14% • Corp Feb 4% 3Va x9% Hiic 1 273/4 Apr 4 Vs 17% — ZII* Inc Jan Feb 2% Mar * I__ 31 % Mar 35/s 11% s common Apr Apr Jan 17% 1 13 Co common.. Feb 6 Jan Apr 20 Jan 24 Jan 2y4 Jan 3% 8% Jan 9% Mar Apr Tung-Sol j 300 33 Jari 24 6,400 16% Jan 26% Apr 480 115% Apr 122% Jan 13% Feb 11% Jan 15% 15% 200 13% 13% 300 15% 15% 50 8 1 14 • 7% 13% 103 preferred Corp 8 1,100 14 1,100 108 50 £1 5s 20 37% 2 39 700 Jan 1 Apr Jan Feb 3% 33/4 1,000 3% 3% 3% 5,700 17% 17% 17% 600 1 12% 11% 13% 6,000 14% 15 3% Apr 45 101 Va • 15% Mar 115 • Jan 150 2,800 Jan Mar % 36 Feb 1 8% Apr 1% 1 Feb Jan 5% 1,900 1 Jan 143/4 Jan 103 % 103% 100 16 Apr 18 Jan 2% 1 Lamp Works 123/4 75 100 38% 36% 153/4 May 7% Apr 4% I70C Mining of Nevada Lux 35% 118 5 1 4%% 22% 117 25c Inc Royalty Corp Edison 35% 23% 117 5 common Markets 35% • preferred_l6o li Mar 2% Mar 2% Apr 103% Mar 1 Jan 80c convertible preferred • 500 4V2 Apr Jan 3% Apr 17 Apr 19s/8 20% common Jan 26 8% Jan 14% Apr 11 y« Mar 15% Apr 1 Va Jan 23% Feb Mar U Ulen Realization Corp -10c I Unexcelled Chemical Corp Mar 9 .. .6% 10% •2.700 83/4 93/4 Mar Jan 22% Mar * 9% 40 Jan 10 < Mar Apr Jan 8% Mar 28% Apr 10 5/8 Mar IS 5 12,700 1,800 12% Jan 8% 100 7y4 Jan 99 Va 99% 70 Co of California— $3.75 preferred series Union Stock Yards of Omaha 100 United 50c United 4% 15% 70 (Union Investment Co Union Oil Aircraft Products Chemicals common 93% Mar 100 64 3% 37% 38% >:'■ 27% 27% 28% 14,400 4% 4,800 • 7 Jan 2% Mar 48 "~,V ~~% ex-rights 2y4 Mar 275 3% 38% common United Corp warrants United Elastic Corp. United Light 9c Railways Feb 3% 15 14% 8% Union Gas of Canada IIIlO 1 26% 29 Va 33 % 32% — 32% Mar 25! • . «•« 473/8 Mar Jan 400 21% 12% — Jan 1 Va 303/4 100 Co "• __ Mar Mar Apr 1% common Mar 5% Mar 3% 24% pfd F common.. ' """ ' ' Tri-Continental warrants True Temper Corp ; Trunz Inc 58Feb 5% 1 Roosevelt Field Inc Steel Jan 1 _ Corp 13 10% 28 Trans 24% Jan 1% Apr Jan 29% American dep receipts for ord reg._£l Rome Cable Corp common (The> 24% 56 Jan 243/4 4 • ! vtc Rochester Gas & Elec 4% Rowe 24 56 Jan l3/a 275 j Roeser 6c Pendleton Inc Rolls Royce Ltd— Rotary Electric 21 1.500 1% 27 5 Reliance Electric 6c Engineering Rice-Stix Inc Richmond Radiator. Rio Grande Valley Gas Co— 22 2,400 ] _ Amer deposit rets ord registered Amer deposit rets def registered Todd Shipyard Corp common Jan Tonopah 1% 11% 1 1 common Roofing Inc Toledo 26 • Jan 3 — """» common Oil 14 ,35 '17% « 1 Feb May 4% 17%. * 1 1,200 3% Jan 29 17 3% 4 Feb 34 "1 Tishman Realty 9c Construction Tobacco & Allied Stocks Tobacco Security Trust Co Ltd R $3 convertible Co 47% 10 9% 25% 27% I$0 common Thor Corporation Toklan Raytheon Manufacturing common Reading Tube Corp class A Regal Shoe Co 46% ordinary. Inc common Texas Power & Light 7% Thew Shovel Co common 109% Feb 20 156% 156 % Railway 6c Light Securities— Voting common 10 Railway 6c Utility Investment A— 1 Rath Packing Co common 10 Raymond Concrete Pile common * & 17% 4,500 Jan 33% 1 Technicolor Jan Tllo 6% 17% 46 3/4 29 3 105% Mar .107 Thorofare Quaker Oats 27% 5% 8% Mar Apr 10% Mar 103% 107 500 29 — Canada Drug Jan 2,100 3% 26% , Superior Portland Cement, Superior Tool 9c Die Co 12% Mar 17 (S) 2% 5 9% 3% 34 (A). •& Co common Sun Ray 13,700 4% 27% "I—III Co Stroock Feb 9 1 ~i (Hugo) Corp Stop Si Shop Inc 36% May 13% 43/4 073 - , Stinnes 95% May 36% Apr Apr 7,300 .1125 class B_. Stetson (J B) Co Jan Jan 17 17 9 __ — Jan 5% 2 ;; 153/4 32 y4 29y« . Sterling Aluminum Products Sterling Brewers Inc {Sterling Engine Co Sterling Inc Mar Apr 16% 16% * Pyrene Manufacturing Jan 3% 11% * 5 3% 14 34% « 15% 3% Jan 1,800 s Apr Mar Jan 30% "• 7Va 325 23% 29% IIII5 Apr Jan Jan Jan 29% "• ~i Steel 27% May 95% 36% J2.5Q Colorado— cumulative preferred Jan 183/4 5% 269 25 Products Co of 480 46 preferred Stein 60 Va Mar 6% 95% Puget Sound Power & Light— $5 prior preferred... • Puget Sound Pulp & Timber common"* Pyle-National Co common «j. Jan „55 1,700 31 common Starrett (The) Corp 3% Apr 18% May 6% 4 % 30 y4 Mar 32 y* Feb Jan 3 Va Mar . Standard-Thomson Corp • ■ 5% 5% 294% 302 37 Tube Jan 700 28% 1 (Kvi_ Power 9c Light Common class B_.._ Apr 213 14% 2.400 '1,200 25% Oil Standard 18 y4 ~4% 18% May 18% Feb 100 common Standard Jan 16% • 1 17 4% 6% 100 "II 3% 17 4% • common . 6 Jan 2% May l3/a Mar 9,500 17% 17 Jan 275 Forgings Corp Standard 24% Mar Jan 43% May 600 153/8 3,200 10 Standard $7 700 23% III. Dredging Corp Standard 18% 32% $1.60 convertible preferred Jan 19% Mar 32% Convertible preferred Standard Jan 21% 43% Apr 40 y2 — 21 Apr 53/a Feb •— 4% 12 V« Jan 28% Brewing Co Standard Cap 9i Seal common 110% May 183/4 32% Standard fjj May 35% May 2% Jan 1,450 3 Va 56% . Feb Feb 2,600 36% 3 Va Jan Mar 4% 35 18% Providence Gas Service Stahl-Meyer Inc 1,700 55% 1 Pressed Metals of America Producers Corp of Nevada Prosperity Co class B Public Apr Jan 48 y2 25 5% i96 25 preference.IH.I25 26y» Apr % May 9,100 4% 1 Pratt & Lambert Co Prentice-Hall Inc 12 4% —25 cumulative preferred convertible Apr Feb 19% 28 — 293/4 4% Feb J an 1093/4 ~4 II 'in 433/8 May 24% Jan 8,600 it lifso original preferred 4.48% 69 % Apr 13% 18% 1 common 28% , — o _ Power Corp of Canada i' 6% 1st preferred — ll3/4 21% 5% Oil May Apr 19% • 1 4Vs May Jan 26 x60 £1 convertible preference 4.32% cumulative preferred Southern Pipe Line Southland Royalty Co.. Speed Queen Corp conv class A Spencer Shoe Corp 3% >!U'25O loo 103/4 Mar 223/8 106% "" • • 4.88% Jan V Penn Apr 1% Mar 12% Mar Apr 9»/4 Mar Feb * 4.56% 57 ;j. 11 y8 10% 4 1 Jan Apr ' 400 25 Feb 40 common.—_50c Pierce Governor common Polaris Mining Co Powdrell 6c Alexander Apr 80 1,500 4s/8 1103/8 HO3/, ■ (Massjllio Philadelphia Co common Phillips Packing Co.. Pltney-Bowes Inc Pittsburgh & Lake Erie Pittsburgh Metallurgical Pleasant Valley Wine Co Pneumatic Scale common Feb Jan 12% May common" 43/4 Jan Jan 23/4 common Jan 27 y2 % 11% j Corp 41% 2.50 • Coast Apr 12 4,500 1 Southwest Pa Pipe Line Soutnern Calif Edison— Apr 13/8 20 Va Corp Manufacturing South Jan 9J/2 1 100 1 Jan 7Vb 4% Mar Jan 1,200 Co 25 3 Jan 3% 10,800 Paper Mills Apr 17 Jan 3% 4'/a B South May x22% Feb 88% 1,000 17,600 . 10% common Jan 16 50 4% 9% 20% • Mar 7% » Va 33% ; Feb 29% May 4 — 20% • 15% 1U 4% HO3/, Aircraft Soss Feb May 500 "% 12 • Penn Water & Power Co 28% 650 __ __l6o com— pfd 106% 105 10% __ 1 & Electric class Power & Light 4%% Traffic Co Apr Jan 26% 25 "ii Gas Penn Apr Sonotone 10 Vb 25 Pennroad Corp common Solar iye Mar Apr * class (Howard) 3,300 203/4 Ltd 2% 325 ' Rights Penn Feb 25% 2 $1 cumulative preferred $1.32 cumulative preferred 293/8 Jan 30,000 10% common Smith % 17,100 5% 163/8 "5 Hi Ltd Peninsular Telephone "23/s 5 23/8 —— Mar 1% Apr 3 Vb loo 38% - 53/« 1 34 313/4 May 29'A Feb Apr 18% 12 Va * Canada 143/4 Mar 100 16 2% — Feb Apr 17 % 100 • Ltd 3% Jan 27,300 — Singer Manufacturing Co II Singer Manufacturing Co Ltd— Amer dep rets ord registered Feb Jan May 3% 5 23'/a 15 / — Jan 9% Jan 15% Apr 23/i Mar 13% 1 Silex Co common 37V* Mar 98% 25 —— • Co 105 15 • Parkersburg Rig & Reel Patchogue Plymouth Mills. Patican Jan • pfd Pancoastal Oil (C A) v t c Panatapec Oil (C A» Amer shares Paramount Motors Corp Pen Jan 343/4 $4.50 preferred & Page-Hersey Tubes Parker 7% 1,700 25 redeemable 1st pfd series A preferred Pacific Lighting 1,700 37 Va 25 redeemable Pacific 9 Va 363/e 25 1st 5% red 8Va 37 Va 25 5% 4.80% 8% 25 25 & Electric 6% 13'/a 100 1% 13 . $3 convertible preferred Pacific Gas 1,600 17% 3% 30 3% Mining Pattern Jan 3% 25 of America class A Simplicity Simpson's Feb 17% 1 % common Breweries Jan 2 VB 253/4 5 stock of Feb 2% 2 200 1 common 18 2,400 16% * common 4% preferred Shevwin-Williams Apr Jan Jan 2% Mar 2,800 17 Va — 17Vs 1 Sherwin-Williams Jan 8% 1% Feb 3% 30 1% Jan Apr Mar l3/4 1 1 37% 5% 1 2% * 2% 29% • Simmons-Boardman Publications— Pacific 3% 2% 30 1 13% . 263/4 Mar Jan iy4 1 Corp class B Apr 18% May 38% May 500 8 Apr 800 12% May 23% 600 1 16% 1 Jan 23% Apr 10 y2 Jan 10,000 1 % 2 13% 1% General Denn 2,900 ' 18% Co Leather 26% 38% 1 Shawinlean Water 6c Power Sheller Mfg Co Jan , 1 prior stock 16% Securities 73/4 16% 25 Allotment certificates Semler (R B) Inc 30 Amer shares 3% Mar b.iuo 36 Va common Industries Inc 11% 1 2,300 • 17% 25c . B Jan 12% 37 V8 Inc Convertible 102% Mar 10% 18% Co Corp Selby Shoe Apr Apr 111% 15 class Omar Inc O'okiep Copper Co Ltd Overseas 43% 100 Oklahoma Natural Gas Oliver 43 Apr 5% 11 Va 1 Inc Bros Shattuck 100 43'/a 6% 12% 26 8egal Lock & Hardware 13 Va May 3% Steel Seeman Seton • Feb 4% Sentry Safety Control 50c x5V« 6% 3% Serrick Ohio Brass Co class B common Ohio Power 4'/2% preferred Jan 4,900 6 3% Sentinel Radio Corp common Ogdea Corp common 8% 1 Co (D A) Securities Mar 3% Mar Mar :, Apr 49 Manufacturing Scullin 24% Mar 48 Jan 9% — Jan 23/s ; lu.% —* Scovill 500 3'/a 9% Schulte Apr U Mar «»*■» 1 Jan 12 Jan 3 pid. -1U0 Northrop Aircraft Inc Novadel-Ageae Corp 15% Jan 43 Va 2'/a ..50 4'/4% Dome Apr 700 x7% ~6% w United Corp common bavoy Oil Inc (Del) Sayre & Fisher Brick Co 14% 1.200 Apr 100 1 inference Cory Lta common 1st convertible preferred 93/8 1,700 45% 12 VB —1 — 17% 12 <uO 1 45 Jan 9.200 21% % II 45 "15 Oil Co Serv Joseph Light 9c Power Feb 20 V* Apr 14% 73/4 1 ; , Ryan Consolidated Petroleum Ryerson 6c Haynes common. 76% 31 Mar Feb 7% Jan 15 Va 25,100 12-/4 10% 17 7% • Ryan Aeronautical Co High 20,500 —1.25 common Low 11% Jan 1% Feb Fifth Ave High 10% Apr 9'/a Apr 9% Range Since January 1 Low 11 Jan 59 Jan 7 250 5 Corp common. Pub 9% 19% Shares Samson • Texas 9% 19 for Week Russeks 102% May 1% Apr Apr Feb 26 Va — 19 6% < Mar 65 .. — —1 — RR ' — — 49 Range of Prices Royalite Oil Co Ltd. Corp— Airlines Penn 3,900 8 3/a lVs North American Rayon $3 preferred ..50 North American Utility Securities- —* Northeast 54% 7% 53 Sales Week's Last Sale Price Par Apr 35 Va Mar % Mar 33/8 Mar 1% common Mines 200 8»/4 Niles-Bement-Pond Nipissing 300 4% ' 533/« Power common- Nineteen Hundred 1% 4% Merchandise Pounders Niagara Hudson Feb 1 _* "lO 6c Honduras Rosario York Shipbuilding shares 923/8 1% 1% «•— Auction York York Jan 5»0 100 • York New New 5% 102% —. /- 1 common New New Jan 1 — Co 24 vs —25 Land; Mining Co Process 400 53/4 Jan 34 Friday New York Curb Exchange High 2% — — „20 — Arizona Sc / 23,800 32 ,100 1 Clock <fc Watch Co New North MAY STOCKS Low 5% ■ ,100 New Jersey Zinc. New EXCHANGE ENDED Range Since January 1 High 4% 32 1 common convertible preferred New 4% 5 — England Tel & Tel New Haven Low _30c Radio—, Neptune Meter common New WEEK for Week Sale Price CURB Sales STOCKS New York Curb Exchange FOR Monday, May 8, 1950 ... 14.700 200 Jan 3% Apr 163/s Mar 9 100% 70 43% 51 V» A Feb Apr Feb Mar Apr Jan Jan 33 Jan 40 27% Apr 29 Va Mar Mar Number 4905 Volume 171 The Commercial and Financial Chronicle .. . NEW (1913) YORK CURB RANGE FOR Week's Range for Week of Prices Friday Exchange EXCHANGE ENDED MAY 5 Sales Last Sale Price STOCKS New York Curb WEEK Friday Interest BONDS V 'v.V-V Shares 33 Range Since January 1 : Week's Range , Last Bonds Friday's or Sale Price Period New York Curb Exchange t Range Sinew Sold Bid & Asked Jan. 1 V Low Par United Milk Products 75c participating United Molasses common ■ _____ .100 _25c Profit Sharing preferred Shoe United common *5% 5% 1 Foil Co U S and International $5 1st B preferred —1 '«*«*»'' - 6% 49% 14% 15 12 Jan 16: 2 1% Universal „10 Insurance Universal Products 50c Oil & 1,100 1% 4% Light Feb Gas 5% 26% 150 25 27% 100 1% 27% Mar 3% 8,800 24% 24% 25% 1,800 Jan 2% Apr 28% Jan ' 29% 23% Jan Apr -A6%s Public 27% Mar Oct Oct ex 1 1940 6% Vanadium-Alloys Steel Co— Venezuelan 5 50 68 Jan 76 May \ Southern California 200 27 Jan 32% Mar ^ 3Vbs A Apr i 1st Jan 1 Southern May j Syndicate .-20c Inc—. 7 4% v4% ; l>— —' 30% ;; 4% 4,200 3% Mar 400 2% Feb 12% Jan 2% 2% ' » Vogt Manufacturing 13% 14 6% Mar 300 : 5% 3% 14 San 60% 22 103 667/e 103 106 8 105% 106 57% *30 19 105% 1 105 % 105% 98 % 1 98% 98% 105% 16 105% V 107% 105% 106% 106 107 series and M Corp 3s 1981 Edison California motrgage 1965 3 160% 164 105% 105% 2 104 % 105% 107% 109% -■}. series Gas 1973 B 3%s *102% 1970 " 105 104 34 104 *106% 108 , 108 104% ... 105 103% 2 103% 103% 103% 105% 105 *106% 108 Apri1-Oct (Calif)— __ __ *107% 108 % 105 ■ Jan-July Feb-Aug Jan-July _ 102 — n 106% {} . 8 102 "101% : I Jt . i '„ 1971 3s 163% 164 105% May-No® Afar-Sept Mar-Sep# 1952 3s —— 3s 61 164 Jan-July 1998—; 1973 ref 57% 57% Co— Joaquin Lt & Pow 6s B 1st — — April-Oct Southern Counties Gas .1—1 Petroleum Venezuela 2,200 (! 30% 101% 7 63 55% Electric— Harbor Water Power 6 Feb — 105% 105% 98 % 105% *106 — 105% 98% April-Oct 1960 coupon debentures 76 v 49% 103% 104% 105y2 105% — 1947 coupon I960——— 1 Service Electric & Gas 5% -i 98 57% 66 66 103% Jan-July 7^% ,• High 88 Hydro-Electric Co— 50-year Safe • 1961 1970 5% 5 66 3s 75 % 1 common convertible preferred— $4 __ Mar-Sept May-No® 1967„ 4%s Queens Borough Gas & 5%s series A 1952 Valspar Corp Feb-Aug AprU-Oct 1971 1st mortgage mortgage A6%s with Jan 3% Feb — 1956 1963 to Light Park 3%s 3% 45 *56 60 *30 49% 49% *101% 102 — Jan-July April-Oct April-Oct Lexington 3s 1964 Jan-July Pennsylvania Water & Power 3%s 1964—June-Dec 1st Feb Piedmont 25% Afar-Nov Ohio Power 1st mortgage 3%s 1968 Mar Apr 27% 91% — 1963 6s England Power 3%s Apr • common New 2 3% ___ ___ 1940 1 4% at Milwaukee 57 5 10 common Extended Feb 40 Nov 1952 coupon 1952 McCord Corp debentures 4%s Midland Valley RR—' ' '• 1% Mar 200 91 % Low Apr 4% 93 Jan Jan-July 1952 1940 coupon 1 Superpower Apr 18% 1% Mar 100 x50 Fb 83% Jan 10,100 1% 1% __10 Co Sugar Power 50 with Apr 2% 3% Mar 400 ■ 5% 49 «... - 15% 4,200 3% 92 90 1% Jan 4,300 18 16% 1 90 1,000 2y« 91 No.. Hydro-Electric Co— A 7s Jan 5 High - certificates escrow with Nov Altalian 42% May 1% Universal ADebenture A 7s Apr Apr Jan —1 Consolidated Jan 40% 40% Rubber Reclaiming Co United Stores Corp common Utah -• Mar 150 4% Utah-Idaho Interstate Power Co—• 245% May ""'■-1 Jan 200 5% U S Jan % 4,400 "III common 236 6% 3% • warrants- ; 43% • Securities with 30 42% 2 U S ■-•.rr 41 % 15 10c Radiator Apr - 41% common Air S 4 mmmm 43% Conditioning Corp U S U Apr ' -25 class Jan 4 __ __25 common _ Specialties Jan 19 ' 244% 245% 245% .-10 Machinery Preferred 10 Feb Isarco registered. United NJ RR & Canal 10% Mar 17% 40 Ltd— Co United United 18 18 Lozc High •IV 7% •! ■ ■ • Low : ■ * preferred deposit rets ord Amer High ' ! H 102 1.1 Southwestern Gas & Electric 3%s 1970 W Spalding (A G) Starrett Waco Aircraft Co • 2 2% 300 1% " Wagner Baking-voting trust ctfs-ext—• 7% preferred _100 7% 7ye Inc 900 7% 10 109 -}u 111% 111% — & Bond Waitt 7%* • 1 1% " 2 Jan 2% Apr ' 9% preferred—- cum tWaltham Watch Co. vtc Ward i w l Jan 111% May 1% Mar 2% Utilities Texas $6 1.25 preferred Western Maryland Ry 1% Western Tablet & % W* Feb 13% % 2,800 4% 2,250 8% 200 113% 70 v 113 • 20 Westmoreland 26% Inc Shoe Mfg 1% 67/e Jan 87/b Jan Jan Jan Terni 30% with ex Wichita (Wm) River 175% Mar 2%s Feb •28% Mar United 18% Mar 32 18% Apr 17% Feb 1 Wickes (R C) & Products Wilson Brothers 5% 18% preferred Wisconsin Feb & Lt (F 6% 8 1,400 5 100 Apr ~3% 13% 13% 32% • 4J/2% pfd 32% 33 ~3% 900 revenue 30 104 % Mar 15% 100 1% Interest Period Exchange 1% 14 Jan Central States Electric Corp 5s debs or 107% Feb 13 Mar-Sept debenture 3s Jan-July Jan-July 1977 . — Friday's 1st of N mortgage A 1st series A Ercole Marelli A6%8 ex & RR Elec with A6%s Lt Nov Nov Bonds 1 Grand Trunk 1993 Jan. I No. High 104% 104% 5 *165 Low 1947 Mar-Sepf May-No® May-No® 1953 1953 Bank— ' Ry Western 4s 103% 103% 111% 111% 112 (coupon Ex-coupon 91% 107% 120 120 *103 101% 103 Western 6s ■ 109% 103% 93% 106 A 73 series A7s A7s ■ E (Aug series A7s June-Dec on) 1958 100% «•«* 1941 listed on 5%s External 5s _May-Nc® 1955 1953— Feb-Aug Danzig Port & Waterways — AExternal 6%s stamped 1952 103% 104% A Lima 108 Maranhao 112% 3 99% 100% — 99% 100 % — 58 91% 58% 41 d40 102% 5 4 40 8 102 102% 102% *1177/a 119 ~ __ *55% — *30 — 55% 117% 57% 59% — *66 — 94 60% *99% 104 304 52 99% — 104% 6 143 103% 50 Parana stamped Bank May 4 May' 5_ —. - 76 High 76 71% *75 1/../.I.; *51% 56 46% — 94% 94% 86 86 16 94% 86 • 94% 79 ; i —• 8% . ' 9% 7% 6 8% *20 23 May-No® — 136% I'" 14% 38 — 6s May-Nov % 46 Ve *49 50 50% 50% *45% June-Dec June-Dec 50 *49 —- April-Oct 1931 5s 1972 33; "5 52 52 37 45% 80 91 8 91 91 (Plan A) de Janeiro ARussian - 38% 24% 194 *36% 37% 31 Ye —i 23% *37 Mar-Sept 2008 2Vbs to — (Plan A) 2% 2012— 6%s Government Jan-July 1997 (ser ABCDE) stamped reduced to 23% — Jan-July Jan-July 1919 18% % 38 31 2% 3 25 2y« 3% 2% ~3 June-Dec 1921 •No e Odd-lot 2% 94 2% 3% ei 88% 91 1 76% 86 81 4 86 n Deferred delivery transaction a transaction (not included In year s range), d Ex-Interest, h.E - f Ex-distribution, g Ex-stock dividend, transaction (not included in year's range), r Transaction for range), x Ex-dividend. y Ex-rights, zEx-liquidating dividend. (not included in year's range), Under-the-rule 95 casn 43% 4 value, par 83 91 91 81 . (not included in year's and during current week. asked prices; no sales being transacted coupon) 1955 __ 1957— Abbreviations *86 1952 - 15 88 83 92 91 91 91 4 85 95% 87 1 83 91% w used above—"cod," certificates of First Second Indus¬ Grade Rail¬ Util¬ ities 214.33 56.07 42.78 76.29 56.76 43.20 76.95 214.87 56.60 43.04 76.66 56.64 43.12 76.98 102.66 214.87 55.96 42.97 76.43 102.68 65 215.72 56.25 43.28 76.80 * "cons,"consolidated; "cum," cumulacui certiflcates; voting trust Average Industrial (35 Stocks) Compiled by National Quotation Bureau, Inc. 10 10 "/I':;,v stock; vtc, warrants. "conv," convertible; "M," mortgage; "n-v," non-voting i," when issued; "w w," with warrants; "x w," without Averages roads Stocks deposit; tive ; 87 -BodOm- Total :^V;;y;;y . , the :-S. 20 y/.':'.; , . SReported in receivership. — Jan-July — coupon) ABonds being traded flat. 10 Total Grade Util¬ 40 Ralls Rails ities Bonds 102.60 105.94 92.66 105.42 101.66 102.69 ,105.98 92.80 105.35 101.71 105.81 92.71 105.27 305.67 92.57 105.30 y 105.64 92.21 105.31 101.46 trials 102.69 102.76 105.71 91.87 105.35 April 29 36.54 ... 1— May 2- 101.62 May 3— 101.55 May 4 May 5— 101.42 Range for 1950 Closing Date— — High 36.59 Low — - - 36.76 Apr. 19 35.13 Jan. 4 36.68 — : Range for 1949 36.64 36.59 — 36.57 High Low — ^ 35.20 Dec. 31 27.79 Jun. 15 f.£ « 77%' 2 71% 104 % 45 83 216.26 3 Jan. 1 Low No. High *75 June-Dec Denmark reduced l%s to 2%s 100 41% 83 215.81 2 May Jan-July 1951 May May '•7 * 2008 Chile of of (Republic of) Interest 61 45 41% trials 1___ Range Since " Sold (Plan A) stamped 7s stamped Interest Peru 118 % 2 41% Indus¬ May Bonds Friday's r Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 A7s (issue of Oct 1927) 1947 principal, 10 — or Bid & Asked 6%5 stamped 1958—Mar-Sept (Peril) City Interest reduced to 2Vbs 47 103% — 70 -Stocks- 29. Week's Range ; Sale Price Agricultural Mortgage Bank (Col)— A 20-year 7s April 1946 ...April-Oct A20 year 7s Jan 1947 ——.—Jan-July Bogota (see Mortgage Bank of) / • ACauca Valley 7s 1948 ——June-Dec Danish Cons Municipal Loan— • June-Dec Feb-Aug 30 April Period daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. Date— Last Interest Sec— Stock and Bond are 105 Low 108 96 -- 1952 1941 Below —Feb-Aug BONDS 103 93% —■ . Jan-July 1957— F (July 1959_ Foreign Governments and Municipalities 3 11 100% 100 J/2 — Jan-July 1950 market Power 97 Union— debentures f s Mar-Sept r 1960 92% 92% 173 RR— A6%s series C 1955—. ■■(.■ A6%s (Dec 1 1941 coupon) > 5s Newspaper conv iFriday's bid International *30 — 106% 28 106% 106% Mai-Sept 1963 jj 63 92% Rio coupon Mtge Western series A 6s 103% 62 *106% 107 % High 107% 166 180 103% May Jan-July coupon Green Mountain Power 3%s & 1956.—— 1954 Jan Co— 1940 1961—: Guantariamo 102% 60 *120% 120 % Traction Feb Range Since gold 23 Afay-Nov 1956— 5s Mfg 1 Residential 5s stamped *56 10 103% 103% June-Dec 1956 June-Dec A5%s Finland 1947 coupon Hotel— Mortgage Bank 1993 mortgage 4s series B & Fuel 3%s 1965 Water .May-Nov — coupon Division— J 4s 57 ; -64% *30 Mar 4% RR— Eastern Gas Elmira Feb-Aug June-Dec Penn AMortgage Lackawanna i ' Co— 1940 1 debentures External . & Western || ' • 57% West AMedellin 1947—1978 of V Apr Authority— series '.f-u v':(i '■ vv 44 . 107% 108% 1948—Jan-July 1954 ,f Washington Water Power 3%s 1964 Apr 161/4 2 Bid £ Asked Jen-July June-Dec Si- : 12% Mar Week's Range Last Quar-Feb 6s Aug 1 1998 Boston Edison 2%s series A 1970 Lack 1 income 107% May 2,900 Sale Price Bethlehem debentures 637/b s'.l Jj; —■■■■;V ; . New York Curb Exchange Low Delaware : / June-Dec Co *61 April-Oct Friday Ml 43% u 141/4 Mar 35% 3% Mar Appalachian Elec Power 3Vis 1970 Atlantic City Electric 3 Vis 1964 Registered *38 • . -so :45%-58 - 4% Mar 10% * 43% Jan Apr 12% Mar Friday Cities Service Service Dec A7s ex Dec Jan 13 15% BONDS Transit Apr 1969 Electric Waldorf-Astoria £ 1 • New York Curb revenue Feb 6% 29% Mar 50 5s ; - 3%s 8% 12 300 8 receipts 79 88 *38 Ltd— Wright Hargreaves Ltd Chicago Jan Apr 3% Apr 107% 107 100 .2 preference 51/28 4% 221/4 Mar 9% Jan .25 common W) deposit Steel 7% 5 25 Woodley Petroleum American Feb "3% 3 95 *84 V ■uj s 1946 1 1940 coupon 1953 1947 coupon 1953 Aug Aug 1 with A 7s 217/a Mar Jan 17% 5 1 Woodall Industries Inc Wool worth 2% 100 1 common Pwr 700 19% 7% _• w w -3% 19% 19% 5 Co Inc xw Elec 3% _10 ; common preferred 5% Winnipeg 1 Corp— Corp. (The) Williams Willson & Co Oil ( . Triborough Bridge & Tunnel Authority— A 5s Whitman : v , —Jan-July HydrorElectrlcCo— A6V2S Feb 24V« stamped A6V2S 114% 875 2nd ' Jan 50 29% 30'/a 94% 95 April-Oct ,4; Industrie!—r (Hugo)) A7-4s 112% 10 Weyenberg Stinnes 158 26% • com Va Feb 41/* Apr 7% Mar ...... 1st pfd—100 Stationery Westmoreland Coal May-No®. \ ; V 106% 106% ti '';U9%;96. J, Apr V4 4 4% Manufacturing (Hugo) Corp— • A7-4s 3rd stamped 1946 Apr 100 11 8% -.% Baking Co warrants Wentworth West —30 i : 11 & Bros 5s 1989 Corp Inc 5s coll trust 1966 Stinnes Jan 800 ^ $2 » Apr 107% *106 Feb-Aug ■"i . - -- l*v»l u*- ; I 34 (1914) The Commercial and Financial Chronicle Transactions at the New York Stock Stocks Railroad Saturday 1,164,119 $1,246,000 2,388,860 3,146,000 2147.470, 3,956,000 3,711,000 271,000 2,837,000 352,000 Total Government Bond Stocks Bonds 246,000 277,000 United States Bank Bonds Sales (Number $205,000 Monday Tuesday Wednesday Week Ended May 5,1950 j. Foreign Bonds 2,122,230 Bonds $1,451,000 $¥,"000 4,238,000 $1,000 ______ 2,147.990 ______ 1,796,370 2,504,000 3,189,000 221,000 11,807,030 Total $17,400,000 Saturday Monday Tuesday 3,982,000 $1,572,000 $6,000 Week Ended May 5 1950 v:* $128,200 411,690 Industrial. is $15,000 200,000 41,844,410 347,390,400 $7,000 $734,000 58,000 137,000 16,000 .,$388,000 $339,000 137,000 92,000 243,356,300 $389,563,010 ,$281,513,150 $14,267,900 Jan. 1 to May 5 1949 1950 2,177,416 1,104,992 40,552,860 19,850,860 ,000 $607,000 $12,253,000 $13,281,000 339,000 291,000 6,766,000 4,137,000 7,000 50,000 953,000 860,000 $734,000 $948,000 $19,972,000 $18,278,000 Bonds 37,214,350 $18,979,000 213,000 $7,000 Week Ended May 5 1950 1949 660,000 2,070,900 12,182,000 17,400,000 Tooo 79,000 72,000 76,000 2,1,77,416 $282,500 1,000 Total 112,000 443,816 80,907,515 1,572,000 Railroad 2,000 1950 175,340,977 $6,000 Bank 173,000 50,000 60,000 Btocka—Ho. of thares. U. S. Government International ViTooo 333,645 $18,979,000 Bonds Foreign Total 71,000 $7,000 Jan. 1 to May 5 1949 1949 4,767,322 11,867,030 Foreign Corporate Government Si'oi'ooo 400,485 Total Stocks—No. of shares Foreign Domestic 207,750 380,030 Wednesday Thursday Friday 2,725,000 $1,000 Bonds (Par Value) of Shares) Week Ended May 5,1950 3,394,000 4,000 „„„ ■ Thursday Friday Daily, Weekly and Yearly Int'l and Mitcel. Monday, May 8, 1950 . Transactions at the New York Curb Exchange Exchange Daily, Weekly and Yearly Number of Shares .. Domestic Foreign government Foreign corporate Total OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MAY ' Boston Stock Friday Exchange galea Last Range for Week Sale Price of Price* Shares STOCK8 \ Par Low Par Range Since January 1 High Low • 40% 40% 60 100 47% 48% 50 38% Jan 50% Mar 100 156% 157% 4,113 146% Jan 157% May American Tel Woolen Anaconda Copper & Tel Boston Edison Stamped pfd cl class Boston A pfd 1st C 39% 6% 5% 5% 20% ' 79% 5% 5% 100 33% 70% 1 3% Feb Narragansett Racing Nash-Kelvinator i 3% , 100 25 54 - 45 60 33% 33% 80 21% 21% 100 38% 71% 274 2.50 33% Jan 49% May 39% Mar 25 10% Jan 55% 250 49% Apr Drug Co 78% 120 76% Apr 85 Jan ; 19% 85 270 70% Jan 55% 123 47% Jan 56 56 10 52 Jan 12% - 100% 9 100 Jan 35C 7% 16% Mar 2,900 15c 30c 12% 100 459 May ¥l 12% 2,543 10% Jan U 350 92% Feb 8% 50 31c 38c 17% 7% 1,500 Jan 29c Jan 70c 16% 8 6% Jan ; Car common 6% 183 Feb 16 235 15 Jan 446 20% Jan 23% 19 24 25 455 27% 25 58% 59% 42% 41% 43% 22% Feb 25 Apr 27% 2,620 53% Feb 1,715 40% Apr 49% Socony Vacuum ; . Jan 42% 200 43% 50 37% Jan 42% May 44% Mar 13 25 12% Apr 14% 1,203 30% Jan 35% May 40% 34% 34 35% Jan Friday Week's Sales Last Range for Week Sale Price of Prices Shares (Ohio) Oil Carey (Philip) Champion 10 ____— • Electric Milling Mach__: Cincinnati Street common_8% & Sub Bell Dow £ Low Railway 25 Tel High Low .... Stock 19% Altes — LmikeiUwimer Detroit 2% Apr 3% Feb Randall class B 14% Jan 17% Jan Detroit Jan Jan 18 9% Jan 11% Mar 20% 22% 219 17% 86 12% 35 11% Jan 13% Mar 23% 24% 143 21% Jan 24% Mar see page 43. May 12% Jan 23% Apr 16 Feb 17% Apr 71% 72% 27% 27% 30 36% 37% 303 33% Mar 33% 212 25% Jan 34 — 35% 37% May 33% Apr 102 30% Jan 35% May 188 66 Jan 25% Jan 73 Apr 28 Apr Detroit 411 19% May 32% Feb 20% May 34% Feb Federal 210 30% Feb 35 Fruehauf 28% 28% 100 26% Jan 28% 5% 5% 631 4% Mar 73 % Feb 5% 12% Apr 13% 50 9% Jan 10 93/, 17 93/. 17 10 . ' t 80 Mar . .62% 5 ssv* rs'A 10 ____ — 53% Jan 62% Truck 200 2 6% Feb 6% 6% 787 22% 1,200 23% 150 5% 3 24% 1 6 3 24% 5% 634 5% 6% 12% 12% 85 86 _1 Jan Apr Jan 23% Jan 23% Apr Feb 4% Mar 2% 20 4% 2,010 1,180 5% May 3% May Jan Feb Jan - 24% May 6% Apr 11% Mar 13 Jan >2,673 70 Jan 86 May 3 Apr 4% Jan Feb 3% 1 2% 7% 21% Mar 7,775 85 Jan 23% Mar 23 100 3% 24% 12% 1 10 3% 200 9% 10% 470 9% Mar 11% 5% , 5% 309 4% Mar 13% 13% 1.204 6% Jan 13% May .4- Lamp 5 Hoover Ball & Bearing Hoskins Manufacturing 10 . __ Houdaille-Hershey • Howell 1;; __ 59% 62% 147 59% Jan 65% Mar 17% Kaiser-Frazer 66 15% Jan 1 King-Seeley 1 LaSalle Wines May 6% 22% 23% 13 35 7% 8% Jan Apr 20% Jan Feb 2% 12% 355 Apr 71/8 2% 50 35 May 21 Apr Jan 12% 331/3 69 Jan 6% 22 Feb 35 Feb 20 200 7,140 May 55% Mar 63% 1,035 6% 23% 60 911 1,870 20% 23% 39 64 Apr 23 % 25 % 61% 15% 20 Feb C4 Jan 1,500 Feb Jan 141% 7% 31 11% Apr 1,695 7% 24 73 16% 15% Mar 7% 161 17% May 23% Apr 67% Apr Jan 77c _5 1 Corp 33% May 1 Ve Apr 131/4 69 1 — Jan 700 1,430 6% > Industries™ 29% 1,070 1% 20 150 .22 % 33% 16% 67% 39 17% 368 201/4 May 121/4 Apr 1% 20 25% 22 __ 4,736 16% 67% 36 Mar Jan 11% 10 25 % Jan Jan 20% 15% 12% " l25y4 Jan 13% 10 19 _1 Brewing Gerlty-Michigan Goebel Brewing Hall Mar 6% 10 Corp Manufacturing class B 65 Jan 32% 19% Jan Mar Apr 5% 1% ;1 Motors 15% Apr 3 348 11% 1 Stove General 44 Jan 6 15 % Iron Trailer Wood 2% 5% 1 Navigation High ■ 650 25 ; Loto 3 • ; Range Since January 1 High 2% _* ._. Motor Frankenmuth Low —1 Gemmer . 62% Shares __.—* Apr Feb for Week Par : Gar Mar Sales Range 19 Feb May Exchange of Prices 1 Paper Steel 368 — 2-5525 Week's 2 Steel Products 20% /,/H Exchange DETROIT Bros Gray 33 5% New York Curb Midwest Stock Exchange Electric . Motors Hudson Motor Car_ Hurd Lock & Mfg Kingston Products, 7 Lakey Foundry & Machine.™ 2% 13% 5 200 12% Jan 13% 275 11% Apr 3% 3% 160 3% Feb 17% 2,428 13% Feb 4% . 4% 5% /■' 25% ;,:W. __2 Apr 16% 12%» ,____1 14 13 12% 4% 4% 6% 6% 2 2 -7.300 25% 4% , 6 % 24% ■■■- 4 G40 800 a s < 4% 675 14 ,14 > 500 Jan Jan 17% May 4% Jan Feb ' Jan -v'7% 6% Apr Jan Feb 25 % May 3% Mar / v-it 1% 1,000 Apr . 4% 21%.Feb ' Por footnotes Jan 16% 50 32% L Detroit-Michigan 347/3 50 • 4% 43 10 % 72% — Prod Edison Detroit 50 542 • __ Apr 17% 6 Detroit & Cleveland 193/e • common 33% May 3% 12% 1 Manufacturing Davidson 104 17 13 _—1 _ 26% Mar 85 10% 1 !_ Rubber 34% __ Magnavmc^ p <fc G new 65 4 Apr Apr 16% 12.50 . American Metal 27/8 2% 7% 21 % Mar 80 • 33% Last Brewing 32% • Kroger 33% Building Electric Apr 13 _100 34% Mar Exchange a. Allen 343/3 • _— 14% Jan Sale Pricei 18% 77 10 common 39% Jan 32 Friday 10 . Hatfield preferred Feb 11% 17% STOCKS 19% ■ Hobart 32% 5 38 Detroit Slock Jan 13 * 295 14% 33 % Telephone: WOodward 6% 78 10 S£^iI.?SUlatl0n Art 37% Feb 14% • Ford 32% _ Kahn High _* Gibson 86% May Detroit Stock Exchange Chrysler Corp __50 Plcher Jan Apr May Members 170 common Eagle 68% —— New York gy8 17 ;_io Cincinnati Union Stock Yard 638 32% Watling, Lerchen & Co. 191/4 8 Cincinnati Cine ¥\v';V 20 Paper Cincinnati Gas & 86% * Westlnghouse Electric Q3/4 „_i 84% 20% 10 Timken Roller Bearing U S Steel (new) Consolidated Range Since January 1 » ——.— 49 __ ZII25 (N J) Standard Company Burroughs Adding Machine ' Baldwin 38% Jan 23% Budd Cincinnati Stock Exchange Mach. Apr 41% 5 Brown-McLaren Mfg Laundry Jan 34% __ Brands Standard Oil Briggs American 30% 20 246 .15 Co Standard Baldwin Balcrank 95 37% 37% ! Apr 34% ,: Jan 14% 49 4 • Jan 13 Aluminum 78% Feb 33% 33 %C 61% Mar 41% Par Feb 11% 32% 37% Apr • STOCKS 66'/a 85 —so Jan 26 42% ■ 1 70 1,307 37% .» Jan 59% "l2.50 Jan Jan 36% 50 —10 Corp 30% Apr 17% May 31% Mar 285 25 ' Apr 6% Apr 16% Mar 22% 27% 25 Apr 47% — Radio Corp Southern i j Mar 32% 0 Pennsylvania RR Jan 21% 17% 24% * 27 14 • 18% Mar 5% 828 34 * *'• 1G9 75'% 8 Oil 36 49 • Register Motor ; ; 157% May 38% May Jan 13% —— Packard ij: Mar 12 Jan 26% 74% 5 * ______ Edison Ohio Apr 39 Jan 328 137/a 10 Cash 14% 48% May Apr 9% 146% 38% 28% 7 _ _ 102 % May 10 Feb 17% 5 Waldorf System Inc Westinghouse Electric ... Stores 33 40 342 37 27% * York Central Ohio 40 75% General Motors 13% Mar 102% 33% • ... 11% ,.__25 _ Columbia Gas National 35 156% 157% 37% Service Jan 15% Machinery Chesapeake & Ohio__ New 157% 10 Dep't Jan 46% Mar 20% May 18c ~6% • Twist Drill.™ Shoe Armco Steel Apr 20% 0 Inc United-Carr Fastener Corp United Fruit Co preferred Rubber Co 1 — Day Power & Light 10 89% Mar 19% 16% - .35 ? 11% - 9% Mar 8% — 6% • - General Electric 33% 192 48 % i Allied Stores American Airlines 58% Mar 55% 15c - 2.50 Association Stop & Shop Inc Torrlngton Co United Stocks— American Telephone & Telegraph. __100 Cities 37 48 % i Jan 80% Mar 83% 53% 9 — •«#— Union 136% 36% y | High 11% 55% May 77% 50 <fe Webster • common Low 35 11% Mar 41 j Stone 55.29 May 362 100 _ Apr 53% 100 • 40% Mar 76% 3,668 —_i " Feb Feb 10% 1 Hartford 53.32 Jan 24% Jan 66% Jan 14 41% 38% — Pennsylvania RR Shawmut Unlisted High 14% „r ; Range Since January 1 Feb 49% • 5 55.29 X36 Apr Jan 10% — 20 32 Apr 21% May 165 69% 4% 64% 75 May May 38% * Assn______ 3% May - 48 . 100 England Electric System England Tel & Tel Rexall Jan 14% May 38% — — * National Service Cos ■ 5% May 78% 12% Mar 49% 1 5% North Butte Mining. Jan Apr 66% 55.12 * Co Corp.™ & 22 81 71 38. • ... Haven Jan Jan 578 54 Chemical New 19 % 66 110 75% 60% pfd Corp Mergenthaler Linotype Y, 5% May Feb 14% 54 • RR Apr Mar 60 Copper Cement 5% 455 100 • Lone Apr 4% 25 40 % 5% —100 . Corp 8afety Razor Hathaway Bakeries Printing Pensi-Cola mmmm Gillette N Apr Apr 13% 14% Inc Kennecott New 15% Ry— General Electric. New Feb 4% Mar fil" , Group Association National Stores.. Capital 33 73% * -V 21 78 79% 10 Central 50 14% Jan 50 __* preferred adjustment Mathieson 360 200 Employers Maine 45% Jan 1,880 15 3% Star Mar 5VB 5 Eastern SS Lines General Feb 117 5 % 100 1st preferred series A preferred class B First 120 Jan 1,315 Common 5% 47% Mar 107 100 stamped Trust—. Prop Eastern Mass Street 6% 31% May 114 39% Co .; Jan 120 37% Hecla Range 32 201 100 stamped pfd 8. Shares Low Preferred Jan Federated Service Copper 46% 14% 100 Eoston & Providence RR Cities 115% 45 21% Feb 27% Mar 554 114% 116 100 1st & 463/4 Feb Railroad— Personal Calumet 114% 25 40% 123 31% 115 100 prior preferred 5% 29% 100 «... 7% 24 Railway— Boston & Maine 7% 23 50 — Boston Elevated 157 % • _ Blgelow-Sanford Carpet 6% Boston & Albany RR U. High Agricultural Chemical American Sugar Refining for Week Il4% — — American American Rapid Sales Range of Prices | Sale Price- Week's Friday t Week's Last - - 5% Apr -.7% Jan 2 v Apr '■ j Volume 171 Number 4905 The Commercial and Financial Chronicle ... (1915) OTHER STOCK RANGE Friday STOCKS v Week's1" Last % Masco Par V , Screw Products McAleer changed Friday 2*$ low 1,458 1% High Jan 2% sales transacted current the Interlake week Michigan 1 Bumper Michigan Sugar Electric National 10 Welding Stamping 1 Peninsular Pfeiffer Rickel * Metal Products,— Brewing old com_____ 2 Raisin Rudy Manufacturing Paper 5 1 Scotten-Dlllon Manufacturing Simplicity Pattern __1 — Manufacturing Standard Tube 1 class B 1 Timken-Detroit Axle Corporation Radiator 1 Walker & 2 Va class A Apr International Paper Apr 1% Jan Jade 15% Jan 19 Va Apr 2% Apr 31/4 Jan 3% 4,270 2% 2% Apr 2% May 2,471 2% 3% Mar 200 2Va 35% Jan 4 7/8 Jan 2,364 Co a27 a26% May Gas Lane-Wells Light Feb 2% Jan 37% Jan 46% Apr Lincoln 2% 2% 1,030 2% May Jan __ 6% 67s 400 6% Mar 7% -- 2% 2% 400 2 3% Mar Jan Jan Loew's Inc 12% 200 12 Feb 13 % 24% 950 21 Jan 100 6 May 24% May 6% Jan 6 6 9% 4 3 Vs 3% 9% 3% __ 3% 235 15% 150 15% 12 11% 5 —" 40 1 — Young Spring & Wire,. * 33% 12% 8% Mar % Montana 12 4% Jan 33% Jan 37% Apr Apr 41% May 1% Jan Jan 33 y4 320 1 27 40- ~ Jan 17% Jan a53% a54 145 50% Apr 54% Jan 46% 47 % 1,305 45 Apr 47% Apr 7% 7% 400 Apr 7% Jan 28% 28% 631 Jan 28% 7% 7% Apr 275 1.15 1.30 3,100 30% 32% 3,968 24% Jan 16 16 120 15% Apr 27% 28% 640 28% 1.25 1 3()3/a 20 28% 100 a314% a314% Mt Diablo & Co (Un) 11% 72%c Jan 2% 2% 3% 16,948 75c 65c 75c 2,100 a32% a32% II a22% a22% 56% 56% 1 Corp (Un) City Lines Inc ; Distillers Prod Corp (Un) New York Central RR (Un) Nordon Corporation Ltd 5 Inc 1 (Un) 1 Week's of Prices Shares Par Admiral Corp 1 Alaska Juneau Alleghany Gold Mining Co Allls-Chalmers Mfg Co American Airlines American Amer Radiator Inc • 1 Co new St & 1 (Un) (Un) Power & Lt (Un)__* Co San Tel American Tel & Co Anaconda Copper Armco (Un) Company (111) Steel Armour & Atch Mining 14 Avco Co Baldwin Barnsdall Basin Co 16 21 Mar Apr 13% Jan a53% a54% 70 55% Feb 156% 157% 1,852 146 y2 Jan __ a74% a75% 343 70 y4 Mar a23% a23% __ 220 22 Feb Mar 2,725 28 38 1.011 28 y2 10 10 310 alll7/a alllVa all2% 96 5 (Un)__100 25 (Un) Works __ 3 (Un) 13 10 (Un) a47V2 a477/8 __ 10 Corp (Un) Appliances Ino Benguet Consol Mining Co 37% 6% 7% 16% 55 55 11% 800 a45 a47% 170 a45 50c 1% 14 % __ 14 y2 Jan 31% May 38 May 10% 109 Apr Jan 9% Apr 13% Feb Jan 12 % Apr 7% Apr Apr 20 Jan 20% May 9% Feb ' Feb 24 Va 15V8 16% Mar 14% 14% 503 11% Jan 12c __ 12c 1,000 9c Mar 12c 15 % 14c Jan Apr * Jan Jan 21% Feb 20% 21 % 1,370 17% Jan 22% 9% Apr 10% 1,105 2.00 2.20 2,900 Co Edison Oil Feb 56 Pacific Clay Products Pacific Finance Corp of Calif. Pacific Gas & Elec common 5 V2V0 Feb 13 42% preferred 10% Mar 1% 38% 1,057 31% Jan 11% 12% 1,315 11% 2c Apr 2%c 5,000 7% 2c^M»y 2,044 Feb 13 20% Jan 22% 31% Mar 34% Oil Co Co World Drug Richfield 156 32 Vs Jan 29% 191 28 Jan 29 270 28% Jan 29 % 200 28% 64% 64% 150 28 V4 May 61 % Jan 52% 53 759 40 40 Va 80 3% 4Va 4,650 10 (Un) 4 • Airways Inc Feb Apr 33% May 29 Vb Apr 28% 29 (Un)__l 9% 9% 52 Feb Apr 68 Mar ..Feb 55% Apr Jan 40 Va May 3% Mar 4% Jan 37% 10Va 870 Jan 11 1 20% 20% 21 3,320 17% Feb 22 Va 50 16% 16% 17 Va 767 16% Jan 18 % Mar 10 50 8% Jan 12 a47% a49% 325 (Un) 33%c alO 25 ;♦ 18 44% Mar Feb " Apr Mar 50% Jan 18 Apr 36% Jan 20% 18 200 25 33% Jan 32% 760 26% Feb 32 % May 23 32% • (Un) a M a36% a36% • • Gas 2,089 33% Apr Mar 29'/a (Un) & 33% 33% . • Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) Puget Sound Pulp & Timber Co Pullman Incorporated (Un) Pure 367 10 Lighting Corp common Pacific Western Oil Corp Paramount Pictures 240 33% 33% 12% 22% 28% Pacific American 12% 21% 28% 32 20% 15% Mar V < 22 VB 4,989 12% Jan I 8% 8% 160 7% Apr 9% a4% a4% 100 4% Feb 5% Jan • 30% 31% 1,348 23% Jan 17% 18% 936 11 % Jan 6% 6% 1,805 5% Feb a22 % a22Va 20 20% Jan Company.. 1 Inc 17% 2.50 1 1 Corporation Ryan Aeronautical Co 49c 50c 700 • 43 42% 44 Va 2,935 1 Oil 6% 6% 6% 2,595 ; 48c Apr 31% May 25 Mar 6% Apr 21% Mar Mar 55c Mar 37% Feb 44% 5Ve Jan 6% Apr Apr ;~"v' Bethlehem Bishop Steel Corp Oil Black -2 Diamond Chica Mining Cons Co Oil ___._2 (Un) 7% 5 Corp. Borden Company 12% Co__10c Corporation Airplane Bolsa • Co Mammoth Blue Boeing (Un) 1 (Un) 6% 7% 8,025 a 50% a51 45 7% 15 Jan 25% Jan 4% Mar 50 8% St 30% Feb 5 65% 62% 65% 56% Feb • 8% 8% 1,260 7% Jan • 8'A 16% 16 16% 1,630 12% Jan 21 Va 21'/a 21% 325 16 % May 23% —5 1.75 Jan Budd Co (Un) Jackson Byron Co 1 (Un) • Canadian Pacific Ry Co (Un)_. Case (J I) Company (Un)- 25 25 15% Caterpillar Tractor Co 10 a37y8 Certain-teed Products (Un) 1 1 25 Corp Cessna Aircraft Company Chrysler Corp Cities Service Co (Un) 1,485 a42 50 a36% a37% 18 Va 15 5 300 67 69 2,068 75 Jan Jan 36% Mar 15% Jan 18% May 5% Apr 4 Jan 63 %'{?Jan 1 69 Preferred 67% Feb 76% 3% Apr 4% 350 al7% al7y» 17% Jan 13% —• 13% 498 11% Feb a31% a31% 113 30% Jan • Commonwealth Edison Co Chollar Gould Cons Consolidated 81 Edison (Un)—__25 1 Sav of Mining—1 Y N a3iy2 70c 70c 100 a31% a31% (Un)—• 116 " 70c 27% May 1,318 19 Jan 21% Feb a72c a72c 55 •1 Jan 51 Jan 44 478 41% Feb a39% a40% 274 35 a40% Jan Consolidated Engineering Corp 24 y4 23% 24% 2,661 Vultee 16 Va 16% 17% 1,864 7% 7% 455 6j/4 Jan a65 a65 a65 15 17% May 7% Apr 55% Jan 63% Apr Continental Motors Continental Oil Creameries Crown Corp run) —1 Company (Del) (Un)_5 !—1 America of Curtiss-Wright A Inc Dresser Corp common 13% 13% 100 12% Jan 32% 32% 161 14 29% Jan 9% 9% 405 34 Mar 7% Jan 23% 23% 200 Nemours • Co Exeter Oil Company Ltd & Merchants , 1 A Power & —1 Light * 78% 162 72% Corporation Gene'ral Electric Co General Foods General Motors General Public (Un) Corp • Util Gladding McBean Goodrich (Un) 13% 1,200 74% May 13% Jan 37c 75c 75? 307 310 9% a22 a22 6,250 ■' 35 9% Corp 19% 49 % 48 % • —10 common (Un)_. 302 *450 ' a 22' 9% 50 84% 25 Graham-Paige Motors Corp pfd (Un) Greyhound Corp (Un) (Un) Holly Hotels Corp a— Development 13% 1 1.75 Hudson Motor Car Company Hunt Foods, Inc For footnotes see page 12.50 6.66% May 49% Mar 69% Jan 450 16% Jan 27 y4"-*- 582 22% Feb — 65 — __ 51% 2% 1,030 238 10% 44% Jan 1% 41 '**•" 1,310 10 101 Mar 120 515 13% 13% 530 1.75 1.80 2,725 17 17 11% liy2 Jan 1.55 499 ' Feb . Lines Inc Feb 16 % May Jan 36% a26% a27'/a 95 26% Jan 27% Mar Paramount Certificates Apr 30 Va United States of 66% a23% 30 Va 420 29% Jan 1,753 11% Jan 50% Jan 54 % 33% Feb 38 Va 30% Mar Apr May 24 160 21 Jan 66% 1,622 61 Jan 67 Va Mar 264 42% Jan 47% a70% a72% Apr * 421 66% Jan 71 a22 % a22 % ' 10 21% Jan 23 % Apr Apr 26% Jan 34 65% _ —1 a 23% Feb v 33 34 1,035 13 13% 1,490 a22 a22% 65 256 263 20 36% 36% 100 36% May 37 Va 66 66 496 60% Feb 66 Vb 71% Jan 72% Apr 10% Apr 12% Feb 25 Va May 263 a72% a73 Va • 10 .2 Universal Jan Warner Bros Pictures Inc 11% Jan Western 23% 236 Apr May Apr 25% 25% 753 17% 18 Vz 18% 10,851 14% Jan 18% May 41 16% Jan 20 Va 23 Jan 10 Va 10% 425 • 21% 21% 303 21 a46 % a48% 272 42% 25 8% Apr 10% May Jan Mar 25% Jan Jan 47% Apr 24% 26% 768 24% May 27% Jan 50 86 86 % 645 85 Feb 87 Apr 8 30% 31% «3 26% Jan 30% 10 14% Jan Apr Apr - 17% 17% 1 3% 3% 107 3% Jan 10 18 18 209 17% Feb (Un)__l 17% 18 350 17% Mar 23 17% 17% 662 17% Apr 21% a42 Va a42% 35 38% Jan 43% Mar 2,778 25% Jan (Un) (Un).: 1 (Un) Corp 51% May 2% Feb 13% Jan 11% 1 (Un) Jan Mar a20 Va a20 Va 25% 8 interest. 42% 10% 19% 228 Apr Apr 11% 50c Air com ; Apr 41 200 13 25 25 (Un) / 13% Mar 697 657 J Consolidated Oil Co - 10 • 589 32 33 Va 51% 51% 220 14 Va 15 1,979 Q G5/„ 1,120 32 1 40% 17% 4V8 Mar • : ; 19% Mar • 33% - Feb Jan Feb Apr 58 Apr 16 Va Jan ' Air Lines May; Inc Kentucky Coal Co (Un) W'estinghouse Elec Corp (Un). Willys-Overland Motors Inc (Un) Apr 17 Apr 9% Jan 12 % Apr 1 5 1 (Un) West 13% May. Feb (Un) Woolworth (F W) Co (Un) Zenda Gold Mining Co 15 9% a27Va • 4 a20% Feb 21% Jan 28 % Apr 30% Jan 35 Apr, % a20Va 6% a477/a a48Va 13c 9% 70 287 6% 10 Jan 8 a28 a 19 1 10o Mar a34 a355/a a34% 12.50 13 - 13c 16c 79 a~. 270 'i '—- 5% Mar 65 45,000 ' . rj f r 49% - Peb'3"f 49% 2%c Jan ^ 17o 43. Apr Apr a46 % a47Va a48% Thea Steel a23% 1 (Un) United States Rubber Co * 408 Air 28 2.10 14% 34% 26 _ (Un) United 13% - Aircraft Corp 86% May 18% Mar 120 10O 1,951 common„___25 Calif Western Union Tel Co 11 % Mar 16% 35% (Un)_* United Corporation (Del) United Gas Corporation a__ May Apr 119 * a__ 125 41% of Apr 16% • Carbon Corp United Apr 49 % Jan 3,239 10 120 —.5 Co 19% Jan 49% 41 10 Va Oil Pacific Railroad Co Co May 35% 28 Western United 38c 25 Union Carbide & Mar 16% • (Un) & 16c 35% 28 (N J) Company 36 25 • (Un) Union 42% 17% 38% Union 50 Feb 38 Tri-Continental Corp (Un) Twentieth Century-Fox Film Apr 1,202 16 Company (Un)_38 May Jan 25 % May 1,009 12% 10% Mar 15% 1% 1% 310 & Transcontinental a__ 17%"**"- 51% A.....^* i.— Feb 205 86% a85 '/a a87 y4 * 3 Hancock Oil Co of Calif class Hilton I Jan 27 Va 27'A Company..—... • Goodyear Tire & Rubber Co common..* Great Northern Ry Co Jan 17 5 Co 19%'**49%s"*m* a49% a49% 84% (B F) & Jan 16% Mar 61% Mar 13 ' Jan 17% 54% Company (Un) Texas Gulf Sulphur Co (Un) Textron Incorporated common Tidewater Assoc Oil Co (Un)» Transamerica Corporation Apr 19% 50 677 70c —2 Corporation 79 17% 17% 12% Texas Apr 74% a •-v-'Rf Garrett Jan Swift 23% May 13% 13% 72y2c Bank__100 Natl Fitzsimmons Stores Ltd class A Florida 4 17% 22%r Jan 74% a 5 Electrical Products Corp Farmers 78% 50c & 4 9% Jan & Webster Inc Jan (Un) de Jan Jan (Un)._5 industries Inc Pont 10% 26% (Un)..* Corporation Douglas Aircraft Co Inc du xy% Mar 1 Zellerbach Class 1 (Un)—1 Aircraft 22 52% (Un) (Un) Studebaker Corporation (Un) Sunray Oil Corp common 4%% preferred class Ei Superior Oil Company 31% Mar Consolidated 2,794 (Un) Oil Co 38 % 25 % Calif Stone Jan Apr 24 53 % of Apr 38 25% 25 (Ind) Apr 9c Feb 65 • Co 39% Mar 100 8 Standard Jan 4c 31% 27c Co Oil 1,000 1,263 38 % Pacific Company.. Standard Oil Co 6c 38 27c 28 Standard 44% Mar Feb 6c 37 37 Feb 38% Southern 32% Mar Apr 33% 20 Va IB __1 preferred Standard Brands Inc 9 Vb 30% Mar 20 27c Southern 14% Apr 1.05 (Un) Company Southern Railway Feb • preferred 4.48% Jan 60 17 Ye Aircraft " ■' 36 Va __1 Calif Oil 4.32% Feb 15% Mar 16% Apr • Southern Calif Edison Co Ltd com Jan 1,478 16 y4 20 (Un) System 340 4 • * Solar May 75 3% 16 Va of Jan a72c * Co Corp Socony-Vacuum Oil Co Inc Apr 48% 33 - 650 16% Apr 7% Mar 95 a31% a32Va 30% 20% 25c Ei Petroleum Sinclair Mar 41% 150 18% 4% 69 14 1 Colorado Fuel & Iron Corp com Gas 16 a42 10 Clary Multiplier Corp Columbia 15% Class 1,355 Company Sierra Trading Corp Signal Oil & Gas Co class A Signal 300 9 44 Co (Del) 31% 8% 8% Apr 21 Vb (Un) Shell Oil Co 65% May 10% Mar • Sears Roebuck & 51% Mar 1,175 Broadway Dept Store Finance Seaboard Oil Co of Apr 31% 5 Paper Company Industries (Un) Schenley Apr 7% Regis Seaboard Feb Borg-Warner Corp (Un) 1 Safeway Stores Inc 38% May ; Feb 50o Manufacturing Co Rice Ranch Oil Company 3%c Apr 7% 53 Apr 12% 12 % 34% Mar 25 preferred Rheem 12% May 7% a30% a30% 1% 33% 25 1st Indemnity Co Rexall 14% May 2% Jan 1% 37% Jan 26% Mar 25 A redeemable Reserve Oil Feb 35% Jan 31% 25 Radio Corp of America Jan Jan 182; 353 25 red 4.80% 1.40 a33% a33% 10 preferred May 10 % May 3.00 Mar a33 % a34% 10 . preferred red Pacific 2.10 Jan • (Un) Radio-Keith-Orpbeum Corp (Un) Feb 10 1 6% 8 Co.. Company Republic Pictures Corp (Un) Republic Steel Corporation (Un) Feb 48 100 8% 22% 18% Packard Motor Car " 145 50 328 425 Pan 70% Mar 32 Vb Mar 10% 322 11% 350 a9 20% Apr 385 — Feb 45% 10 8,410 16% Jan Apr 55% .3.% Jan 205 7 5 5 (Un) Feb 16 157% May Jan ^ 675 11% Jan 2,430 16% 5 20c 10'A 11% 10 __ 8% Jan 8 104% 40 77/8 8 20% a9 20% 5% Apr " - Jan 16 V4 Jan 12 19% 1.010 Feb 1.75 1.40 Jan 35% Mar Jan 31 y2 Aviation Bendix Home 15% 4 Jan 9% 15 58% Apr 300 10% 5% 31% - 30% Corp common Oil 100 1,875 Apr 1.40 3,945 Jan 37J/a Oil Co Bendix 3% 37'/a Baltimore & Ohio Railroad Co (Un)_100 Bandinl Petroleum Co 1 Barker Bros Apr 2% May 3% Mar 31% (Un) Corp Locomotive 33% 100 10 (Un) Manufacturing 27% Mar 500 (Un)_30 Co Topeka & Santa Fe Ry Atlantic Refining 1,350 2% 3% a21% a21% • Corp High 36 y4 11%> 11% __ __ a54% 100 Low a33% a34% __ (Un)__* (Un) Range Since January 1 2% 15'/a Viscose Corp (Un) Woolen Co (Un) American 31 53% 718 Mar 16% Ohio High 33% Mar 23 15 Ohio 3% __ (Un)__* American Smelt & Refining Co American 32 Vb 10 (Un) Corporation Low 33% Mar 21% Mar Pacific Railway Co (Un)_100 Northrop Aircraft Inc 1 for Week Sale Price Jan 63 ___10 Oceanic Oil Sales Range Mar 3% May 90c 20% __ Northern Last 95c Jan Feb a21% a22 % " • • Apr 85.. • V-;. 1% 60c Apr 23% 1.40 1 National 315 Jan 600 • Mining & Dev National Angeles Stock Exchange Friday 28% May 550 ' Jan 32% May 18 Va Jan Jan 22 a32% Inc 1.40 Jan 306 85c • Ward American Aviation North American Co (Un) stocks 24% 2 Apr Apr 8 Va Mar 1.10 Mar 1 North Los Jan 1 - Nash-Kelvinator May 7% 19% 5% Mar Apr 23 82 %c Co Oil 20 6% 85c Power Co Montgomery May 600 385 16% 1 Jan 1,800 Feb 76 1 16% 1 Va 7% al7% al7% (Un) Menasco 41 % 13c Jan 7 Merchants Petroleum Co Minnesota Power & Lights Feb 16 Apr 4% Company Jan 10 Jan 9c 4 Angeles Investment Co Apr 231 36 97/8 300 940 Apr Apr Feb 38% Mar 730 • 4% 14 % Feb Jan 38% Mar 6% (Un) Mfg , al2c 100 3% 33% 1 Vb 33 9% . 14% _ Feb 2% Apr 5% (Un) 2 % Feb ,, 2,927 5% 35% Wayne Screw Products 430 2,300 3% 14% 29 al2c Angeles Biltmore Hotel Co Oil Jan • Los Mascot 70 5 Co Magnavox Company ■ • 13% (Un) Los 12% 23 — a44 . 14 (Un)__ Lockheed Aircraft Corp Llbby McNeil & Libby Petroleum a43 % 1 886 3 Jan al2c Company 1,600 2% 2.10 25% Mar • (Un) 2% 2 11% Mar 8 Co Co 45% ..... Jan Jan 13% 40 7%c 9% 220 Jan Feb 4,185 a27 1 Copper Corp County Land Co Laclede 2.85 14% 38% 3c 950 2.65 7.50 Jan 2% May 40 10 High 35% Mar 19,000 14% • : Kennecott Kern 2.75 (Un) Low 70 4%c 9% • Can Kaiser-Frazer Corp Kansas Power & Light Oil 10 4c 10c 100 1 10 Range Since January 1 High a39% a40% 33 %c (Un) (Un) Int'l Tel & Tel Corp Low __ 4%c Co 1,000 40 Shares 25c Corp of 2,655 45 ■ 50 Co 7% ' '%/a for Week 100 (Un) 278 2% l common Preferred Jan Jan iVa 36% 5 United States 6% 1% 19% 4 2% 1 common Superior Tool & Die Udylite 4 40 1 ____ Soss 174 Feb 3% 10 Sheller iy8 2% 45% — Petroleum Iron Corp international Nickel 2,400 1V8 — _1 (H W) & Co River (Un) 19% 19% 1 _ Davis 1% 7% * Chemical Parke, 1% 2 common Packard Motor Car Park 1 Vb * Corporation National Central RR Co Intercoast 1 Murray Illinois Imperial Development Co Ltd Independent Exploration Co during Sales Range of Prices Par Apr to McClanahan Oil Week's Last Bale Prlee Higbie Manufacturing Co No 5 STOCKS Manufacturing Co— Name MAY Range Since January 1 HighA.fJ 2% EXCHANGES ENDED for Week Price^^ Shares Low —1 . of WEEK Sales Range** Sale Price FOR 35 H' l'!" , . ; Peb Feb,'J -Apr1** 36 (1916) The Commercial and Financial Chronicle OTHER STOCK RANGE FOR WEEK MAY 5 Friday Week's Sales Last DAYTON & GERNON CHICAGO Great Lakes Great Members: Exchange Lakes Co Griesedieck Western Lacrosse EAU Co Hibbard MIdwesf Stock Exchange Friday Week's Last Range Salt Frioa tf Prices Par / Abbott Acme Laboratories Steel Admiral Co- Aluminum Castings American Rad American Tel Anaconda Copper Armco Steel Co Armour Atch Co & Asbestos (111) Bendix Co— Bethlehem & Steel Eorg Co Burkhart (F) Butler 38% 9% 10% 1% 5% 16% Jan 27% Jan 7% Jan 5,300 Apr 157% May 31% May 27% Mar 670 38Ms May 10% Apr 650 1% Jan 1% Apr 160 103% Feb 113% Apr 100 4% Jan 6Va Mar 1% Mar 2% 9ya Apr 50 8% 6,3o0 5% Jan 33 % Jan 37% 1.400 11% Jan 1,100 35 % Jan 17% May 47% Apr 1% 1% 1% 1,100 1% Apr 1% Mar 5% 5% 300 36 3/4 38% 1,200 4% Jan 30% Jan 6% Feb 38 Va Apr 13% 13% 400 12 Jan 13% Mar 15% 15% 80 14 Feb 15% Mar 36% ' — - — 13% 63 * --l 8 12</2 . common —10 12% Feb 14% 55% Feb 64 !/2 May 550 11% Apr 185 36% Mar 40 193/a 50 17% 19% Mar 31 — 9% 31% 200 29 Jan 34 Feb 19% —— 2,000 20 100 16% Jan 20 May 10% 900 395 —— 1 2Yb 3% Brewing Corp.— —50c 14 3 4% 15% 16% 2% 500 1,023 16% Apr 3% 3% Mar 14 % 5 Jan Apr Jan Mar 16 % Mar Illinois Light— , Central 111 Secur Corp common Convertible Certain-teed preferred Products 1 Electric Consolidated Consumers 27% 28 Yb 1,194 27% 13 Yb 143/4 16,385 12% 93/4 2,147 ... common—! Bronze (Un) Co ! (Un) (Un) ; - Corp class A— (Un) (Un)_ Fox — ^ General Gibson Connell America 32 Feb 34 14 Apr 15% 79% 350 46 44 Yb 46 Va 412 28 y8 28% 30 33% 341/4 565 6'/2 6% 150 1 — • Drive Inc Auto Jan 79% 43% Jan 46y2 Apr 29 Apr Apr 32% Apr Apr 20% Jan 14% 1,715 11% Feb 3,300 29% Jan 16 16 33 V8 Mar 17% 1,000 201/4 20'/4 8 1, Laclede Gas Lamson Leath McNeil 12% Mar 17 17% May Jan 20Vi Middle West Apr 73/4 Jan 3,900 3% Apr 67 576 54% Jan 751/8 890 61 30 Jan 66 73 </4 Jan $1 prior Missouri Portland page 43. 123A National Tile York New & 16 Apr 27 Apr 30% Mar Apr 23% Mar 7Yb Apr _ 53/4 13 Va Jan 17% Mar 11V4 Apr 14 y2 82 Apr 88 10 4% 800 15 300 4% Mar 13% Jan 7'/b Feb 7% Jan Jan 13% Apr 16% 200 14 Jan 16Yb Jan 40 55 39 Jan 40 Feb 8 1,700 17 18 49% 50 4 1,100 7% Jan 44 Feb 3% May 54 4% Jan Apr Jan 27% 150 6 % 23% 49 y2 Jan 54% Mar 1,100 18 125 5% May 15 V2 Jan Feb 7 Feb 18 May 10% 200 9% Jan 11% Feb 19% 1,300 18% Apr 20'/b Apr 2% . 10% 19% 19'/2 2 34 2,130 2V2 Jan 24 6 6 13 Yb 25 350 6% 23 Jan 1,300 5% Apr 2% Mar 25 V4 7 Jan Jan 12% 250 12 '/2 Jan 14% 18 Yb 400 17 y2 Jan 19 % 23% 24 % 800 22 Va Jan 25 29% 23 Yb 13% 18% 30 400 28% Jan 30 Feb May Feb Apr Mar 35 35 % 35 38 Mar 56% 58 58 % 1.080 53% Apr 58% Feb Feb 22% Apr 35 19 % 22 2,850 11% 20 3 f, 4.700 16% Mar 26 26 26 24% Jan 4 Ya 43/e 100 3% Feb 13Yb 13% 14% 2,050 11V2 Jan — 203/4 203/4 100 15 Jan 16% 2,435 5 81/4 Mar 1,000 20 Corp May 6% 19% • 15 Jan 10% 20 (Un) Feb May 6'% 400 53/4 1 RR 18 y4 Mar 300 2,500 5 (Un) Apr 7% Mar 5,400 49% 1 • 17% 3 13 7% * 25 Feb 40 — — 1 10 Apr 7% " 7 1 * 3 12% * Mfg Hundred Jan 21% —10 Central Jan 46% 16% • National Standard 350 20% May 28% Feb -f% Apr 15 Apr 20% May North American 12% Mar North American Car 16% May 20 30 31 250 24 Va Jan North American 31 Co 10 20 3 4 21 737 18% Jan 21% Mar * 9% 100 8V4 Feb 91/2 Mar 4,000 11% Apr 13 350 25% Jan 33% 190 16 Jan 17 10% Jan 18% Apr 6V2 Apr 35Vb Feb Northern Aviation Illinois Corp Northwest Nunn Oak (Un) : Northern States Power 1 .. (Minn) Shoe 15% 15% 31 ♦ Co 11 Yb 11% * Bsncorporation Bush 32% 31 % 2V2 17 1 15 Mfg Co Warrants Edison Co Oil Co (Un) • Mfg Co * Ontario 12 32% 17 14% 15 % 4% 8 Ohio 9% 16% 4% Ohio Packard Motor Car (Un) — 34 % 14 ' 1,700 34 333/8 34% 6,600 5YB 333/a • Pan American World Airways Paramount Pictures (Un) 4 (Un)_2% 14 3% 9% 9 3/4 20% 1 Peabody Coal Co common 5% prior preferred Pennsylvania RR 6% 5 1,046 763 50 6 4% 2% Mar 32 Jan May Mar Apr May 26% Mar 341/b May 14 14 Feb 8,600 3% Apr 4% Feb Jan 10% 1.400 Jan 11 Feb 21 6,055 17% Feb 21% Jan 2,570 5% Apr 4Yb May Apr 75% May Peoples Gas Light & Coke Potter Co 9 Pressed Steel Process Public Corp Corp (Un) Pure Oil Co (Ind) Rexall Rand Drug (Un) Oil Rlchman Bros 11 Apr 100' 10% Apr 13 Jan Sangamo 18 »/a 515 17 y2 Apr 22 Jail Schenley Industries Jan 10% Mar Sears 12 Securities National St Louis Public 5 100 9 41'/2 Apr 53/4 May 103/4 Jan 49 6% May 68% Jan 7V4 — 87 Jan Jan Mar Jan May New Signode 400 7% Mar 8V2 Jan 5% 150 4 Jan 5% May 925 27 Jan 30 Apr 26% Feb 34 May Jan 23% 29 28 Yb 29 % 32% 31% 34 21Yb 20% 223/a 1 8% — 8% 1,537 146 12V4 7V4 270 12 18,700 8% 12 6% 13 30% — 31Ya 4,350 6% 5,800 6% 45 Apr Apr 9% Feb Mar 14% Mar 23% Jan 5% Feb 31% May 7 Apr 43% 45 395 41 Apr 45% Apr 44% 45 % 400 43% Mar 46 y4 Jan 26 26% 500 &4%" Apr 26% Mar 46 46 40 Jan 46% Power 26% : A ~534 com. Co 5% • (Un) 15 534 5,700 4% Jan 6% Jan 31 250 26% Mar 31% Apr 595 29% Mar 34% Jan 1% 31 31 32 1 10 10 10 * 44 43% 44% 1,288 15 15% 300 15 May Co Apr 30% 350 10 Apr 12 Jan 41% Jan 45 y8 Apr Investm't Co of St Louis— ! Corp class B Sinclair 8% 4% 31 common Shellmar Apr 8 L* Cummins Roebuck & Serrick Mar 9% 10% Stockyards— Service Electric Schwitzer Feb 12 10% — — — 102% Louis 138% Jan Jan -2% St Joseph Light Ac When delivered 3t Apr 8% 6% (Un)_ Jan 800 127% 550 Co 92% 53/8 428 1,750 (Un). Corp 60 9 134 % Feb 9% 50c (Un) Richfield 100 9 18% Mar * Corp of America (Un) Radio-Keith-Orpheum (Un) i£ Jan 5% 17 Va Jan • com Radio 90 Mar Apr 16% * • 100 Jan 15% 1 Co May 10% 850 2,790 10% 1 Car Service 133 71/8 Mar 9 33VaC 35 9 17 17% (The) 48% 850 16 16% 100 Pepsi-Cola Co I Un) Feb Apr 16 Ya 16% ' 78% Mar 10% 25 Jan 67 Va 6% .50 — 29 common 10 _1 Prod Corp Steel StrappingOil Corp. 21 21 100 21 May 21'/2 Apr 17% 386 16% Jan Feb Southern Co 8V4 383/b 18% 8% 38% 750 7% Apr 10% Feb Southern Pacific 280 333/4 Jan 40 31% 2.600 243,4 Jan 31% May Spiegel Inc 143/4 I434 100 14% Jan 15 Jan Standard 513/4 52% 300 Jan 54% Apr Standard 113/4 1,150 44 Va 10 y2 Apr 13 Yb Feb Standard Oil 1,100 l3/4 Jan 2% Feb Standard Steel 8prlng Socony Vacuum OH Bend Lathe (Un)_. 12% 30% 12% 200 11 Apr 15% May 12% Mar 30 — 30% 850 26% Jan 30Y8 1458 15% 5,150 12% Jan I51/4 May 24 25% 5,200 22 Jan 16 Feb 25% May 17 Va Apr .15 15% Jan 173/g Co. 13 54% 305 10% 12% 17% 12% 173/4 ._5 1734 17% 53 Yb Worxs. Feb 15% 253/s 11% 2,825 2,400 300 1,610 12% May 51% Mar 18 Mar 13% Mar 54y8 Apr Mar Standard 2 4% "7% 50c 43% Mar IYb 3/4 14% * Inc Corp 55 2 4 Co 30 Graham-Paige Motors (Un). 83 10 Muter Co Nash-Kelvlnator 248 11% 84 — Monroe Chemical Co $3.50 preference-* 432 n% Mar 250 17% Montgomery Ward & Co 83 14% 12 Apr 50 13 Yb 88 3,550 15 — • 35 Co. 17% 14% 11% Mfg 48 / 7% 13 Y8 • Cement 79 8% 17% 3 7% 7% • common Brewing 32% 21 3 • * preferred Minneapolis 46% • 400 Piping & Supply 34 550 3,200 273/8 5 83 3,200 23% 22% Products Republic Steel Corp 6% 273/g 22% Corp Jan 87 1,300 * Utilities Apr 84% 15 14% • Food 32 S/8 84% 133/4 • 4 South 225 1.200 38% 4 Miller & Hart vtc Apr 446 Co Middle 34% 49 33% Apr 39% 5 Mickelberry's 33% 6% 40% May Jan 17 38% Cement Remington 48% Jan 32 Va 53 Portland Jan 61/4 37% 100 Jan Jan 28% Metropolitan Brick Meyer Blanke Co_ Apr 49 315 53 Medusa 8Vi 36lA 1 40% 33% 25 % 9% • 33% Mar 39% ~ 24% Jan 5'A Jan 25% Jan 6 % 25 Ya Mar 10 28% 34V2 14 44 V, May Co & 7% 9 135 • Field 7Ya 9 8% Mar 313/s Marshall 10 10% Jan 3% 1,300 5 4% 3% 7% 17% 800 1 9% , 1,550 8% 7 7% 11 925 143/4 Apr 14% May 40% May Jan Mar 1 9% 15 40 % Libby. Lindsay Light & Chem common Lonergan Mfg class B 390 » 10% Mar & 1,900 4% 450 1 $2.50 preferred Llbby 7% 5 14% Jan 26 common 27% 4% 26 Mar 38 Co (Un) Co 71/4 "4% 21 100 Sessions & & 26% 5 498 Jan 515 Laclede-Christy Co 25 7% 26 7% 28% May 1,810 (Un) preferred Knapp Monarch Co South H) 400 38% May 27% Apr 43 350 Electric— 5% I6Y4 Bros Goodyear Tire & Rubber 25% 30 28% 37% Mar 6 32 Safety Razor Glidden Co (Un) see 73% 27% Mar 13% Public Utilities For footnotes Apr 31% 24% 39% Apr 26% Mar Mar 13% 10 Corp (W Jan 31% 25 y2 iy4 Refrigerator Co Co May 6% Jan 25% May 14% May 10 Gillette Gossard Apr Dredge & Outdoor Advertising Goldblatt 78% 420 1 General Electric Co (Un)General Finance Corp common General Feb 2.300 * Motors 67% 24 % Jan 6% Mar 31 % • * (Peter) Brewing General 500 Jan 2iy4 450 14% —' • 3 Co Four-W'heel 69 153/4 .—10 Brewing Corp & Jan 33% 15 Nemours Elgin National Watch of 63 15% 1 — de Electric Controller & Mfg.. Mills 75% 4,800 22 Vi 300 7% • Tel & 1 - Manufacturing Co Eddy Paper Corp (The) Simons 119 79 ♦ — Eaton Dock Jan • Corp Dow Chemical Co Fitz 114 15% 5 Flour 10 69 79 Detroit & Cleveland Nav (Un)— Falstaff 119 66 Yb 74 5 (Unj Aircraft common Eastman Kodak 119 9% May 100 Apr 25 Inc—- Vultee (E I) • Jan 32% 1 Pont ,' 91 75 Curtiss-Wright Corp (Un) Du Apr '«•*<( 1 System Credit Jan Jan 15 32 • Illuminating Continental Motors Crane Co ' Domestic 7% 11% Jan 30% Apr Jan 98 1 Edison Doehler-Jarvis 9 V4 Mar 50 24% Feb Feb 98 98 68% 15% Jan * Inc Co 28% ♦ Club Aluminum Products Co— Gas 350 * Graphite (The) 9Yb 9 38% 2% Jan 20% Apr 18% May Jan 10 Cleveland Commonwealth 9% 2% Cleveland Columbia 9% —.- Jan 2 % Ma-r 19% 675 ...* Co Foods 100 18Ya 1 preferred Clinton 1,250 17% * preferred Products Corp Cleveland Cliffs Iron Coleman 2% 20% 17% 25 - City $4.50 2% 35 y2 5 Chrysler Corp— Service 1°0 20% —^ 363/B 1 Chicago Mil St Paul & Pac vtc Chicago Towel Co common Cities 36 — * - (Un) Cherry Burrell Corp Chesapeake & Ohio (Un) Chicago Corp common Convertible * 23% 33% — 75 Nineteen Central 25% May 28% Kansas Power & Light (Un) Kelley Island Lime & Transport Kellogg Switchboard common Apr llVi Jan Apr 14% Mar 3,000 4% 153/B 15 9 Mar Jan 7Yb • Modine 16% 16% Central & South West Corp Jan 15Yb 9% (Un) Carr-Consol Biscuit Jan 11% 44% Stores preferred Stephens Shinkle Shoe 13% Mar 39 % 4,800 26% Brown Apr 950 193/b 16% 900 12% 38 % — 14% 25% 10% Mar 31% 42 3i delivered Midwest 64% 15% Pacific Feb llys 15 2'/a 200 Va/ Jan Power & Light— When Jan 1% 36 22% Mar Apr 13% Jan 3,500 23 Canadian Centlivre 20 146 Va 17% 10 Manufacturing Corp Bros 31% 400 473/4 1 — Burton-Dixie 1,035 2,442 15% 2l/2 Inc (Un) 16 % 35% 12 'A Budd 21 45% 64% Co Johnson Apr 17 -*.* - Corp (E L) 12 Iowa Jan 45% 5 Shoe Jim Jan x7Yb X8V0 1 Corp Bigelow Co 34% Mar 9% I3/4 1 Bruce Jan 1,700 1% J- Borg-Warner Brown 26% 11% 3% May 4 Apr 26 • Co & 10 450 7.50 (Un) delivered 300 51/b Brown & Jan When 1.450 PI (Un) Inc (George W) Apr 1,600 lll3/4 112% • —— Laughlin r —— 10 . Binks Mfg Co 12% 9 Co Corp Corp (Un) Gas Illinois 3yB 1% 100 3 Co Iowa 3% 37 93% —J Benquet Cons Mining Tel Jan 34% 30 4 Aviation International 7% 155/a . 1 (Uni Paper International Shoe 20% 31% 5 Fe Harvester International 1,700 39% * Jan 10% 27% 8 • Steamship Jan 25 3/4 14% • Apr 6% Jan 3% Mar Light International 156ys 157 yb 21 10 (111) 3 Interlake hya 11% 50 (Un) i Berghoff Brewing 3% Apr & Apr 14% 1 May 54% 6% Mar 11% 990 Power 11 28 ~ • . 500 38% 28 100 Tool 11 % Jan 7% 10 Steel 3yb 15y8 (Un) 12% Inland 33% 157% Bastlan-Blessing Co Bliss 3yb (On)—* Corp Belden Mfg 12 100 Manufacturing Mfg 450 .1 San Automatic Washer Avco 1,050 1 Co Topeka & Santa Products Corp Athey 23 39 6% 3% —. Mining Jan 7% i Stand 19% 17% Jan 5% Jan 63/b • Tel Apr 1,205 7ytt 12 High 5,100 6% 50c (Un) & & 23 36% 7y« 1 Laboratories Investment Low 44% * Akron Brass Mfg Alleghany Corp (Un) American Airlines Range Since January 1 540 9 & Roller Bearing Affiliated Gas Equipment common American 21 ys 303/4 47 • Aetna Ball Allied 453/8 33 1 - Shares High 46 —...10 ... Corp Advanced Low 5 Indianapolis 12% 25 24% 24 >/2 25 Indiana Steel Products for Week Mar 73 " 1 RR Pneumatic 23 3 Co Central Independent Sales STOCKS Brick Illinois Jan 28 19% 23% Huttig Sash & Door (new) common—10 Hydraulic Press Brick $6 pfd 50 Illinois 16 10 10 Corp Spencer Bartlett 11% Apr Jan 27 — 1 Werner Feb 14% 23% 2 Harnlschfeger Corp common (G) Brewing Co Heln CLAIRE 10 10% 300 11% 11% 3 Instrument High 350 15V8 28 • Brewery Low 10% 15% 100 (Un) Range Since January 1 High 10% • Towing commonCooperage class A Bros Hammond Dstk Heillman MADISON Low 10% Dredge & Greyhound Chicago Board of Trade MIDWESTERN LISTED AND UNLISTED SECURITIES MINNEAPOLIS Shares Gray Drug Stores 3, ILL. Greif Stock for Week of Prices Par Telephone Central 6-0780 Midwest Range Sale Price SO. LA SALLE ST. Monday, May 8, 1950 . EXCHANGES ENDED STOCKS 105 .. 11 Dredging common Oil of Indiana On 2% 8% Mar 100 2% Feb 3Y4 46Yb 47 Va 1,589 42% Jan 48Va 703/4 72% 1.666 66 V* Jan 27 27 Ya 1,051 25% Jan Apr 72% May 28 y8 Apr 22% 24% 825 18% Jan 24% May 2% 47% . ' (N J) (Ohio) (Un) com (Un). 11 Ya May 24 Jan Volume 171 Number 4905 The Commercial and Financial Chronicle .. . (1917) 37 OTHER STOCK EXCHANGES FOR RANGE Friday STOCKS Range Shares Products Studebaker Corp Sunbeam Tool „. , "n & Swift 1 Ctfs of Co 12 y4 11% 13 12 'A Jan 21% Jan 26% 1,900 8% Mar Jan 34% Apr 58 538 12 >A 44 Apr Jan 9 3,550 69% Mar 12% May 12% 13 y* 3,200 lu% Jan 13% Mar 36% 1,015 34 Jan 37% Mar 5 Co Western St 2 Salle 64% 13 15% Mar 66% 13 30% 13 y* 100 11% Feb 14% 16 581 14% Apr 16 Apr 5 Admiral 1 * 29% 30% 950 19 y2 20 y* 234 16% Jan 20% Apr 49% 49% 305 49% Jan 50% Jan 29% Jan 34% Feb • Carbide & Carbon • 48% 46% 48% 1,778 42 Va Mar 17 17% 1,104 137/e Jan 34 j% Jan 4 Ve Apr 100 27% Apr 28% Apr 48% May 17% May United Air United Corp without dlv (Un» Light & Rys Co ex rights 1 3% United 7 28% United Paramount Theatres 1 17% 18 925 17% Apr 23 % Jan 1 17% 17% 324 16% Mar 23'/a Inc (Un) 10 com Certificates of interest U S Steel Van , common Dorn Warner Iron Bros • Works (Un) 5 32 7 33'A 7 15 25% 7 100 Airlines Factors American Power Radiator 13% Apr 15 Jan 35% 19% 19% 200 15% Jan 19% May 90 90 30 82% Feb 90 Industries Youngstown Sheet 6 '/a 6 '/a 250 12% 12% 200 11% 2 15% 15% 100 14 • Inc & 90 6% 82% 84 295 73% • Tube (Un) Light Stan 12% 5% Mar Mar Apr May 6% May Jan Copper Mining Atlas Engine Mining Bendix 93 $2,000 Mar 92 16 Jan Jan 84 Apr Mar 11% 678 viey, 16'A y% May 250 16 % 21% 340 20% 740 13% 53% 266 2,231 146% 85 ■ 69% 2,202 28 36 36 y2 1,209 34 Jan alll% alll% all2% 197 104 Jan — a24% a24% 69 6 6% 18c 8'A 8% 1,080 alO alO'/e 90 3 13 1 Jan 24 128,975 762 • 72 Feb 25 Feb 9% Apr 27c Jan Jan 9 Va Mar 10 13% Feb 7% Apr Apr 6% 7% 300 4% Feb 55% 7 Va 5 55 Va 160 47% Feb 55 % May A7 35 % Jan 47% Apr 1% May 2 '/a Jan Apr a44% a47% 4V 5 1% 1% 38 38 12% 11 'A 12% 2,735 1 (Un)_ Corp a45% PI 2 Steel Holdings Borden Co 2.95 2.90 3.00 3,596 a29% a30% 50 24% Jan 31 40 49% Jan 51% Mar % 58 Feb 65 ;•; • (Un) (Un) 5 (Un) Borg-Warner Co ,, 105 % Mar May '5% Mar 39 Feb 16c Jan 31% May Feb 5% ! 157% May Mar 36% Jan 56 Jan 31% a73 Ve a75% 16c (Un) 18% 53% May 156% 157% ' Apr ; 21% May 16 Ve Apr Jan 53% — 1 Jan 12 Apr 16 21% • Jan 4 Jan 15% ~ Jan 3% 3% Mar 6 (Un) _15 Corp (Un) __ 1% 1,050 690 30% Jan 38% 7% __ a50% a50% 5 65 64 65 Jan 14% 2.50 Mar 370 ♦ 16% 16% 16% 1,675 —2% common 14% 14% 14% 2,150 — Bunker Hill & Sullivan 93 30 17c Bishop Oil Cc Blair a3% P10 Corp (Unl___ Cons Mining (Un)__ Bethlehem a3'A 2.50 Co Aviation Benguet Apr 30% Petroleum Co 2% 31% 100 Mfg Corp common (Un) Oil 25 a73 Ve 5 Diesel Avco Budd .1978 (Un). Big Locomotive Apr 14 (Un) Atok Wedge Apr 22% 3 50 (Un) com (Un) Imperial Jan 215 150 24 1,035 20 Corp Top & Santa Fe Corp Atlas 52 3A 38% 11% 1 High Mar 28 % Mar 36 3 100 Anglo Calif Natl Bank Atchison * 47 3.25 Apr (Un) Jan May 16% May 15% ' Apr Apr BONDS Chicago Transit Authority 3%S- (Un) (Un) Co Boeing Airplane Co Cap 13 • Low 145 24 a3»A Rsngr Sines January 1 High 30% • (Un) Sales a45% a46% 30 % 20 (Un) San Viscose Tel & Low a46% 1 Anaconda Barnsdall 30% Bankshares Ltd & & 1 (Un) American Jan 1,020 l Inc Tel 7V8 2,750 (Un)__ Smelting & Refining Bandini 15 Shares 10 Co American Apr 35% Mining American 33'A 14 ; common American Jan 34 % '___* (Un) Gold Alleghany Corp 6% Mar 10,500 12 % Corp Wieboldt Stores Inc $4.25 pfd Willys-Overland Motors (Un) Woodall 4 28% 1 Electric White Motor Co Wisconsin Co Juneau Baldwin 32% * Pictures Westinghouse . Reduction Alaska Jan Lines Corp Feb May for Week of Prices Par Abbott Laboratories common Amer Jan 59% 449 Jan » : | 65% 9% 5 Air Corp 423 15 »/2 5 208 14% Range Sale Price Apr 7% Week's Last Feb 36% 25 (The). Transcontinental & Union 400 12% Exchange Friday stocks Air 14 Co La 760 8% 34 44% deposit (The) Thor Corp Timken-Detroit Axle South 19% May Ltd— Co Trane 11 High American International Texas 33 ZI25 Co 150 8'A 1 Sunray Oil (Un) Swift 18 • Machine Low 11 y* 5 (Un) Range Since January 1 High 11 1 Corp Sundstrand Low 1 Stewart-Warner Corp Stone Container Corp San Francisco Stock for Week of Prices par Aluminum ENDED MAY 5 Sales Week's Last Sale Price Sterling WEEK Apr 13% Mar 16 Ve 23 Feb Feb r> Byron Jackson Co • 21% 21% 210 21 Apr Calamba 93% 1 4»A 4»A 100 4 Jan 14'A 14% 300 13 Mar 6 50 6 Jan 6 Jan i 461 10 43 Apr 48 Jan ? 34% Feb 40 Mar Sugar Cap Calaveras Week's Range Shares Friday Par American Stores American Tel • 100 Corporation Arundel Tel • Baldwin & Locomotive Works Baltimore Transit Co 5% 1st Budd 13 100 Company Electric Power & Light 13% com Co America class Corp Scott 24 % 41% Jan Jan 68% Mar — 85 Va 7% _ 84% 25% 180 8 87% 3,614 7% 8'A Chic Corp 25% 12 26 10 17 16% 17% 3,149 5,548 35 36% 333 ♦ 26% __ 8% Jan 10% 21% 16'A 35 Jan Jan 17% May % Jan Milw St Preferred Paul RR Chemical Colorado 12 Jan 26% Jan Apr 18% Mar May 39% Jan 25% 26% 4,844 23% Jan. Fuel & Iron Columbia Broadcast Columbia Gas 25% 164 24% Jan Consolidated 53 Continental Motors Creameries of 3,369 32% Mar 54% Apr 2nd preferred Curtis Publishing Co Curtiss-Wright Apr 22% 87% 99 508 66 % Feb 9.9 13 Va 13% 75 12 'A Feb 14% 94% Apr __ 43 Va 43 '/a 2 42'A Apr 61% 61 Va 62 Va 367 55% Jan Apr Lone Apr 43% May 62% Mar Mountain 163 3% Jan 4% Apr 541 Dumbarton 26% Jan 29% Apr 27 du Apr 32 % 41% Jan 49 y2 May 30% 105 45 49% $1,500 Corp Range New $2.50 of Prices Shares • Ruud San Range Sine# January 1 High Low 32% 85 10'% 21 y2 525 10% High 32% May Feb 10% Mar 14% 14% 181 14 Apr 15% Mar 13% 296 11% Feb 14% 3% 12 12 3% Apr 600 Jan 370 12 2% 11% Jan 14% Jan 16% May 3% May Feb 16% 16% 70 • 22'A 22% 260 20% Jan 23 28'/a 28 Va 25 25% Apr 25% 25% 33 10% 10% 50 8% 24 3'A 3'A 3>A 2,250 3'A 22 y4 19% 22 JA 2,363 19 Va 5 4% 4% 50c 5 770 50c 500 4% 50c Mar 26% Apr Feb Bridge 3% .25 __ 3% 4,950 Apr Jan 10% May 3% Jan Apr 22% Mar Jan 6% Feb 50c Feb Feb 38 Va 7% 2 , 4 Mar 32% Jan 42% Apr 56 35% Jan 38% Mar 175 7% 6% Mar 8% Jan 75c 80C 350 60c Apr 95c 18% 18% 125 15% Jan 18% May 1 8c 23% • 25% 34 % 9c 7c 6,500 22% 24 Va 30% For Electric footnotes Corp see page 12% 43. 302 32 % Mar 34% Feb al5% al5% 20 15% Apr 17 Jan 100 16% Feb 17% May 17% 17% a35% a35% 13% 31% Jan 30 13% 600 Jan 14 Apr 17% 25 16% Apr 21 Jan 31% 155 30% Jan 32% Mar 4% 17% a 4% 12% 600 a31% a31% 4% a44 % May 31% a 350 a44% a44% 39 15% 3% Mar Jan 32 V4 Mar 12 Apr l4Vt 10% 585 17% 4% May 27% Jan 17% May Jan 7% 530 6% Jan 13% 7% 13% 337 12% Jan 14 33 33 % 1,450 27% Jan 34 Ve Mar 105% 105% 110 102'A Jan 105 % May 100 Jan 103 Feb 6% Mar 8 Jan 105 % al04 aG% 9% al04 7 a6% a6% 20 7% Apr Jan 9% 2,070 56c 56c 374 55c Jan 56c 15% 15% 165 11% Jan 16% Mar 14% 15'A 332 11'A 14% 9% 7% 72 50 3% 3% 190 3% 16 Ve 32 32% 820 29% Jan Apr Jan Jan * 32'A a67% a65% a67% 70 Mar 58 % 125 Apr May 72 Jan 71 * ;—— 9% Jan (Un)— 8 4 Jan 32V» May 63 % Apr Jan Co 100 6% Jan 75 861 61 Ve Jan 48% Apr 12% Feb 1,542 230 40'A 40% 1,217 37% Mar % U 2,500 Jan 675 47% Co.. Corp Ltd capital: 11'A Mar 18 % % 23 Ve Mar Jan 42% 1% 21% 199 1% 21'A Mar 27% 28% 190 26% Mar 5% 5% 240 5% & Corp common Light 1 2% & Kleiser com Electric Co General General Motors (Un) General Paint Corp Cumulative 10 • common Feb 49 12 1,831 41 % 50'A 50 49% Jan 50 % Mar 85 86% 2,901 71 Ve Jan 86% May 12 290 49 48'A 12 11% Jan Feb 6% Apr 14 »A May Jan 17 17 144 16% Apr 19 Jan 16% 16% 169 16% Jan 18 % Jan • 38% 38% 45 37% Feb 37% Feb 25 27'A 27% 400 21% Feb 28 Ve * Co & McBean Apr 29% 49% 49 85 * — 2nd Gillette Safety Razor common Gladding 5% Apr 22'A Mar • • (Un) Corp preferred ... preferred Convertible • . —y Jan Ih May Jan 1% Power Feb May 46V4 Mar 219 11% 20% _• .1 (Un).: 7'A 75 10 48 11 20% • Share Co & 7'A 73% 5 (Un)__10 common Works Oil Bond 7% 73% 21% Golden Co Ltd State __ 27% 100 Rubber (Un) Graham-Paige Motors (Un) Great Nor Ry non-cum pfd (Un) Bros Hawaiian Stores 12% Jan 14% Apr Jan 67 Jan 69 Va Jan 44% 41 * 14% • (Un)—,—_* — Hudson Corp Motor Car Inc 30% 25 Va 25 Va 490 33 Va 35% 542 Apr - 11c Jan :18% Jan 24 Va May 300 27% Jan 30 % Jan 54'A Apr 20 1% Apr 2% 42% 145 40% Apr 43% Ftb 10 Va 980 10 Apr 11% Jan Feb j Feb 14% 225 14% May 16% 19% 1,053 16% Mar 2.40 2.40 115 2.25 Feb 19% May 2.75 Feb •—1 1.75 1.75 600 1.60 1 20 4%. 4% 100 3 % Feb 3% Feb • _— 12% Co 3% 20 56'A 55% 56% 822 15% 15% 17 Va 1,835 11% 11% 1.70 1.80 3% .6% Foods Maryland Mines Corp Idaho — May 1 (Un) 20 Power Co common Independent Exploration Nickel of Canada international Tel 27% Feb IXL 30% 35% Apr Johns-Manville Jan 2 41 14% — Idaho 24% Mar . 250 , Feb 2.00 Mar 7 3% Mar Feb 49 Jan 56% May 13% Feb 17% May 130 9% Jan 9,285 1.70 Apr 12% Apr Feb 479 " 52 19% Co Ltd class B Development Co Oil Co (Un) Honokaa Sugar Co (Un) Oil 40 10 • 3 Holly Honolulu 635 68 2 —1 Inc Pineapple Battery Co 13% 67 52 68 • & Greyhound Corp Hale 13 • common preferred 4% Int'l Vanadium Westinghouse 77% 33 Va 1 Hunt 1 5 1 Alloys Steel Westinghouse Air Brake_._^.«r— 69 Feb 33 com__5 A Holly Jan 182 40 37% * Spring 3% 40 10 _ Jan 68% .2 class Nemourb de Goodyear Tire Co— ; 63% 269 a——* Hobbs ... 2,239 34% Mar 12 10 * Apr 69 a75 ♦ General Foods Corp common Jan 13% 1 preferred 29% 67 y4 a74 % a31% a32% * Kodak Dorado Foster 1 & Bolt Corp Steel Sales 10 Manufacturing Toy Mining Standard 10% 13% 1 Pittsburgh Plate Glass Renner ,Co.. 31 pfd___10 2% convertible Pitts Screw Low • common 70 68% * Co FAR Liquidating for Week 5 Pittsburgh Brewing Jan a74% Food Machinery & Chem Corp com__10 Week's Last Corp 2.45 May 9% May 35% Jan 5 Mfg (E I) Electric Florida 5 Flreprooflng 27 Jan Feb 30 Pont Eastman & Gas Oil Jan 15 3% 28'% 10 Ohio 30% •7% 10 3% 27% 1975 Fuel Supply Feb 341 Domlnguez Oil Fields (Un)_. Dow Chemical Co common 3% 5 National 705 9% 1.40 333A Mar 1 preferred $3 Doernbecher 27% 20 Gas Star 28% 9% Mar 5 Class B common May 13 % Mackintcsh-Hemphill McKinney Mfg 28 % (Un)__._l Inc.— common— (Un) (Un) Cypress Abbey Co Di Gicrgio Fruit Corp com 22,959 * Feb Corp 2.45 1 — 20% • Steel 1.95 5 common America Zellerbach Corp Preferred Crown 542 Walker Refractories 2.45 (Un)„* Aircraft Vultee 21% Manufacturing Co 30 1.33% 21 Sale Price Harbison 541 25 Corp Feb Par Foilansbee 33 • Coppermines Grocers 30% STOCKS Joy '■» • Conso'Mated Edison Co of N Y Consol 26% Duquesne Brewing 32% A__2% Edison 28 Va System __J Commercial Corp Apr 33 26% Mar 46 Va __ ; Jan 37% (Un) com (Un) 23% Mar * class Sys 763 Co 42 % Jan .* common System Solvents 1,160 Gas -Jan 20 Commercial 26y2 May 25 Va 47% Friday BJaw-Knox 42 '/a Apr Pittsburgh Slock Exchange Continental a43 % a43 % 3'A ; Preferred Eureka Columbia Apr 770 10 Co 28% Natural Gas Co 6% a43 Ve 100 'Un) Emporium Capwell Arkansas 16% 16 • — Co 25% Steel 14% Mar 15% 15% 25 (Un) Service Clorox El Ludlum Feb 32% (Un) com Chrysler Corp Consolidated Feb BONDS Allegheny Feb 11% 25 Mining Co & Ohio Ryi(Un) 28 Va te__. 53% Jan 50 I Eureka 1 Baltimore Transit Co Jan 10% 212 • 24% . 53 80 87 % May % Mar 1,780 35 • Coal 23 alO% all Ve 36% America of 28'A Improvement 528 Jan a53 % a53 % al0% 10 24% Corp 38% 17 36% 25 common • i 25 (Un). • Co Westmoreland Co Commonwealth Jan 50 11% 182% Jan 7% 100 % Jan 68% 291 17'A % • common Gas 180 16% 50 United & Tractor common Sharp & Dohme Inc ..1% (Un) Ry common preference United 180 — 11% * common 38 y4 ' 1 Mar Apr • common Central Jan 63% 65% 50 Co Oil 24 21% May Scranton-Spring Brook Water Service.* Sun Jan Jan 35% 3 Paper 21% 320 8 67 Corp Reading 6% Mar May 538 1 Pennsylvania Water & Power Co div 69 Ve I) Celanese Cities 2,260 10 Pennsylvania Power & Light Pennsylvania RR $1.40 16% May Jan 22% « Public Service El & Gas Jan 37Va r38'/s 10 Elect»lc 12% 62% 189 (J Pacific Caterpillar Jan 2,274 24 common....* Corp 50 Chesapeake Apr 15% 1,115 7 Va 6 46 ; Dry Ginger Ale (Un) Feb 3% Apr 65% 1 preference 13% 1% Mar 9% 37'A (Glenn L) div 20 65% !_100 A Lehigh Coal & Navigation $1 21 % 157% Mhy • National Power & Light Philco 21 Ve 23% Jan 10 Motors Corp Philadelphia 24 17% Mar 94% Mar 9% Mar 255 16% 1 High Jan 146% 264 2 69% 1 Finance Pennroad 10% 15% 6 Va 14% 29% May 245 10 1% 67 Va * Battery & Deposit Co Martin 9% 10 16% Storage General 1% — 15% 68% 1 Fidelity of 10 — 15% 14% _* * Packing Canadian Case 465 2,516 • Chemical Corp Delaware — A___ Preferred Canada High 30 Va _• — class Co ; 5% Mar Range Since January 1 Low 156% 157% 2% _ Publishing Co Davison 29% 157% ♦ common preferred Chrysler Corp Curtis Low Co Tile Ink California for Week of Prices Art California Sales Last Sale Price STOCKS Cement California Philadelphia-Baltimore Stock Exchange Mar Mining & — __ —. 36% 36% 25 9% 9% 165 com (Un) 27 1,170 • 13% 15 1,020 P2 (Un) Tel Co Corp 33 %o 1.75 — 30c 30c • 48% 48'A 48% * (Un)_. — 26 , 38 9% Jan 25% Mar 9% Jan May 200 145 Mar 46% Jan 2.05 38 Jan Mar 11% Mar 29 Jan 16 Apr 36c Feb 49% Apr } 38 The Commercial and Financial Chronicle (1918) Monday, May 8, 1950 .,. OTHER STOCK EXCHANGES FOR WEEK RANGE Friday STOCKS 11 ° Par Kalser-Fraz°r Corp 1 ; Kennecott Copper Corp (On) County Land Company 7 Lockheed Aircraft Corp Loew's Inc (Un) Navigation McKesson Meier & Co Mfg Co South * Minnesota J M Inc 45% Feb 54% Jan 47% Apr Apr 8% Mar Jan 32% May Rheem 16 16% 545 15% Mar 18% Jan Richiield Oil 32% 417 29% 32'A Jan Riverside Cement Apr Roos Apr 1,264 11 Jan 25 25% 290 23 Jan 27% Mar Ryan 43% 44 20 41% Jan 44 S 10% 13 37 % 37% 375/« 110 a— 22 22 % 330 22 2,70 3,25 10,858 — 2,65 al9%al9% — 19c 18c a32% 20c 88 17,400 a32% a32% 75 17c 18c 4;750 8% 9% 196 a22% a23% 10 17c 63 „ _ Feb Mar Apr 1.60 Feb a__ & 17% May Safeway San Jan Stores Roe Duck 35 Shell Jan Oil (On) • Morrison-Knudsen Co , Nash-Kelvinator National Auto —10 Corp (Un) National Distillers Mar Mar Socony-Vacuum 19c Soundview Jan 9% 21% Mar 23 53% 58% RR Southern Products (Un) North American Inv 6% Ry Cons (Un) American Pacific Coast 1st 8 Calif Fisheries 5 5 red preferred ■, ... Pacific .-/ ' : A common .»'• 1st preferred Pacific / Tel 81 Tel common com 15 Co Dodge Corp Pure Oil Co Com of Keith Orpheum Standard Brands Inc 18% Standard Oil 57 86 Jan 98 76 Jan 90 48% 485 40 Jan 21 21 230 18% Jan 32c 38 Apr May .3 May — 35% Valley 28% 20 28% Jan 29 36 36% 265 33% Jan 36% Mar 12% 54% 29 % May Co Co 11% * ... 35c Corp (Un) (Un) Union 8% Jan 9% 3% Apr 31% Mar 5% Jan 35 Oil 31% Jan 28 Jan 28"% 757 28 Jan 28'A 250 28'A May Union & Co Carbon Calif of 23% Mar Corp of Delaware Gas U S Lines Steel 14 16% Apr 654 14% Mar 16 24'A 24»A 24 25% Feb Victor Apr Warner J°n Welsl Westates 4% 220 3,050 Feb 101 Jan 3% Apr 111 4% Jan 10% 21 Jan 20% 21% 1,597 18% Feb 21% 17 17% 555 16% Apr 10% 10% 525 47 49% 267 65 65 367 18 18% 200 36% 36"% 25 31% 8% Jan 45% Mar 58 Feb 14% Feb a— Algoma 66 Aluminium Ltd 243 27% Mar 31 % Jan 23 Apr 7% Anr 6 % 6% 15 Week's Apr 9% Coast Argus Corp Ltd common 4 % % preferred Range 74 Life Dept Pacific Asbestos Corp Paper class A FOR Mines Traction Limited Light British American Oil common Preferred British Columbia British Columbia British Class Bruck Columbia Elec 4%% Forest Power class Gold Corp 17% 2,720 52% Feb 66% May 9 Apr Jan Apr 26% 27 500 26 46 % 230 45'A Mar 8% 8% 690 7 Jan 81 35 75 Jan 82 Apr 24% Jan 29% Apr 25 Jan 27% Apr 29 40% 29 2,112 27% 41% 1,020 5,763 8.50 255 12,260 26 26% 2,870 26 II Apr 13% Jan 3% 3% 390 3% Jan 17% May 4% Mar al8 al8% 6C 17% Feb 3% 17%. cl A—* • 26 % 101% 101 % 3.70 3.90 39% Jan Feb 8.15 May ,19 25% 46 % Mar Jan 8% Mar 20 41% 9.80 Apr Feb Apr Jan 27 ya Jan 27% Jan 26 Mar 100 Jan Jan 101 % May 4 see page 43. 33'A 49% 3% 3% 3% 2,061 100 5 T 400 (Un) Inc 2.70 1,020 14% 15 1,405 12% Mar — (Un) 282% 282% 15 275% 515 5% 13% 10 12% Apr 9% 820 8 Jan Jan 300 Feb 13% 13% 810 6 9 5 7% Jan 97c 6 1 Apr 16 Jan 90c 94c — Apr 3.75 6% Mar 15 — Apr 58 f 6% 97c Jan 33% Feb 6% 4 (Un) 23% Feb 41 c% 100 common 19% Mar 17% May 26% Jan Feb 1.25 Mar 7 % Mar 13% May Jan 9% Feb 50c 17% 17% 17% 4,750 16% Feb 18 Jan * 33% 33 % 33'A 6 30% Jan 31% Jan 100 71 % 71% 71% 50 a— 27% 28 250 20 common (F W') • 12% 35 35'/a 705 31% 6% 200 5% Feb 48% 140 48% Jan 3% lo common 48 % 4% 550 3% Apr 1 — 28% Jan 6% 48% 1 (Un) a_. — Mar Apr 35% May 7 Feb 50% Apr Jan 5 WEEK ENDED MAY 5 Week's Last 5% $1.75 $1.00 a Celanese Converters Cottons 6% class A _ 12 % Mar Jan 15 Jan Jan 38 May 40 Mar 35 38 6,256 28% 39% 40 135 37% 22 23 130 22 8V'8 25 7 45% 45 % 50 26 % 26% 115 45% — Crown Cork & Seal 9 Jan 45 Jan 46 Jan 26% Apr 28 Jan 34% 45 Feb 36% Jan 11 12 655 8% Jan 12% Apr 11% 11% 80 8% Jan 12 Apr 30% 27% 31 7,205 22% Mar 31 May 16% 16% 100 Feb 18 Mar 13c 5,185 32 ' r'—HU 25 5c 15% 5c 20c May Apr 18% a 18% 18% 4,794 16% Mar 19 Apr 16% ' 16% 17% 2,685 15% 17% Apr 12% 13 125 12% May 14% Jan 100% 103% 3,464 91% Mar •, .11• & Smelting. Jan Apr • 34% • — 103% a Co 24% 11% a , Coghlin (B J) Ltd Consolidated Mining Jan May 11 „ a Feb Feb 14 a Railway Jan May 11 5c Pacific 104% 1,035 Rights Canadian Jan 1,985 8% a Cockshutt Plow 102% 15 a Companies 25 Feb 12 ' Locomotive High 23 y* 23 14% 25 __ B Oil 21 -TV _ Canadian Ind Alcohol class A Canadian 275 pfd_ —20 ___ preferred Canadian Foreign Investment _ 25 37% ♦ common 25 — 21% Mar 39% 25 Canadian 4,097 11% —25 Canadian Low 23 15 a common Range Since January 1 High 22% 11% III20 preferred Class — II100 series Shares 103% :103% _• Canadian Car & Foundry common. Canadian 22% . preferred for Week Low • Breweries Sales Range of Prices 37 37 100 21 21 21 90 ~ 31% Jan Jan - 103% May ■'« 38 Apr 23% Jan Apr 29% 29% 510 27% Jan 29% Jan 4.05 4.00 4.05 2,570 2% Jan 4.15 Apr 7% 350 6% Feb 8 Mar Dominion 34% 36 943 30% Jan 36 May Dominion Corset 8.05 8.35 440 8.00 Apr 9.75 Mar Dominion Dairies • Coal 6% a a Distillers Seagrams Dominion Bridge 5% a. 1,310 34 Jan 38% Jan Dominion Foundries & Steel 29% 29% 29% 212 29 Jan 29% Jan Dominion 10% 10% 11 375 10% Apr 12% Jan • 20% 20% 20% 469 14 Jan 21% Apr 38 38 38% 260 34 Jan 41% Mar 7% common preferred Dominion Dominion Steel Stores 24% •• 4 23% 25 % 14,135 20% Feb 45% 46% 1,358 40% Jan 20% 25 _.— preferred- 1-35 36% Glass 20% 20% 445 20 Jan 13% 13% 13% 525 13% Apr 19 19 25 19 Apr 19 Apr 29% 29% 75 27 Feb 30% Apr 47% 47% 48 275 48 Jan ■ —— 35 Coal Ltd class B—.—25 a 21 % 35 21 —20 & Mar 29% I preferred Co 35 ♦ 21 46% 36 50 preferred 32% 241 27% Mar LISTED MARKETS Canadian 23% 10 2% 27 Jan 285 5,510 17% a (Un) U RR 29% 36 17% 49% 5 Davis Leather Co Ltd class A.— ,5 preferred Canada Northern Power Corp Canada Steamship common. For footnotes Jan 23% • Dredging $1.30 5% 13% 8.15 3.90 4,134 Apr 669 32% Insur 7 Canada Cement common * 10,180 23% 25% • 26% 20 % 17% 10 Class A 25'/a 8.15 B Building Products Bulolo Jan High 29% May 24% Apr 23% May 8% Jan 23'A • Ltd 22% • pfd__100 B Mills Low Jan 23% 27 25 Products Range Since January 1 81 40% 43 % May 17% Canadian Bronze common 21% .• Power 42% Mar Feb Oil Stores Yellow Cab Co Canadian 14,734 • & 431 30% Friday 46% 29% 48'A 14'A Sale Price High 66% gi/2 48% Jan STOCKS— 29% 63% 25 Bralorne 27% 17% • Telephone Brazilian Shares 16% • Bathurst Power & Bell of Prices 25 • Jan 24% May Jan Union Wool worth Feb for Week 450 —100 Jan 18 25% 1 Air Lines Feb Sales 4,022 27 14% 240 13% (Un) Exchange 24 25 25% May 18% May 18,089 690 (Un)_l Telegraph (Un) Westlnghouse Elec Corp (Un) Willys-Overland Motors (Un) Apr 12% 105 24 pfd—-50 Jan 710 18% 20% 1 & Petroleum Western — 5,273 8% 65% 23 25% 400 (Un) Pictures Bank Western Apr 8% 8% „• Aluminum Co of Canada 4% pfd Anglo Canadian Tel Co 4%% Apr 24% 1 Mar 18% 22% 23% • 65 13% (Un) Preferred 32% * Steel Jan 17% 48'A common Western Jan a__ 60 Bros Fargo Western 11% Mar 50% 20 Low 24 59% Apr 8% • class A Feb 228 Aur 20'A 10 Sugar Co Preferred 18% Mar „ 20 Sugar 36% 30% Equipment Co West Shoe Feb • Feb Feb $1.50 preferred 36 % 25% 18% Par Agnew-Surpass 100 25% Canadian Funds Acadia-Atlantic 34 Jan 9% 29 71% May Jan 13% Inc Consolidated Utah-Idaho 770 15% • Jan 26% 30% Corp Corp Universal 15 940 Par 66% 1,168 5 United Par Theaters ctfs of Jnt 15% 3,508 common 409 34 36% 10 United Feb ■ 109% 110'A Apr 71% 12% Air 14'/» Montreal Stock Paper 47% 66% 25 common United Feb 29% 28% May RANGE Power & 67% Mar Jan 65% (Un)— United 33% Mar CANADIAN Abitlbi Jan 42% 66% (Un) Sugar 14% Sale Price 61 84 36% 2 United Aircraft Corp Apr Last 3,112 47% May 37% Mar Jan Feb Feb Friday 66'A 10 com Corp Carbide Union Feb 34% 10% STOCKS 35c 237a Mar 25 Oil Apr Feb Jan 33% 33% • Company (Un) Water Associated 10% 31c 21% 71% £5 Jan Texas Tide Jan 417 518 46% 47% 1 cap Co & 9% 35c 23% 64 % 25 (Un; 12% „ 12 Apr 33c • 25 of 11% 13% Mar 23% • Feb ■4.'110 Mar Jan 11% 55% „ 28% 5 106% __ 28% Feb Apr Jan Transamerlca Feb 32% 327a Jan Transcontinental & Western Air Jan 21% Jan 11% Apr 4 • 31% 26% Jan 52% __ 150 50% 13% 103% __ 32% 737 Calif Studebaker Apr 25 49% 32% 438 31% 3.00 558 „ 30% Mar — Mar 52% — 27% Jan 1,052 Jan 52% 109% 36% Mar Apr 29% 54 11% May 40c 105% 105% ' Jan 26 % 254 29 % 27 - — 34% 92 30 12% 150 28% 15% 847 26% 29% 457 125 25% May 177s May 32 % Apr 30 25 11% 28% __ Feb 29% Mar 35% 33% 11% Jan 9c Feb 16 26% 34% Mar Jan 28% — __ 28% 22 1,840 2,245 30 Jan 8% 36% 2,071 17% 35% 32 11% — 25% 31% 26% 11% __ 24 31 25 293 1.40 1 17% . — _25 33% 11% 25% 31% (Un)—• 800 226 100 Feb 3 2.20 Jan 17% Railway Equip & Realty pfd 32 120 • 33% 28% 1 300 3 33% — 22c 9% ... 37% 3 600 16% (On) ' 37% 40% May Standard Oil Co of N J 53% Mar 22'A Apr 9% (Un) Jan 33c 42 • 35 2.00 __ 1,552 _• 447s Mar 435 Standard Oil Co (Indiana) Apr 36% • Feb 40% Mar 100 47% 2.10 • America Jan 95 90 33 % 25 42% 40% (Un) 16% (Un) Radio Spring 16'A May 21% Feb • (Un)_„ Radio 23% Mar Jan (Un)—1 Fhlllips Petroleum Co Puget Sound Pulp & Timber (Un) Pullman Inc (Un) 555 „ 2 Apr 10% 36% 1 44% common 22% 33 % __50 44% Apr 52 419 33%c __ 54 897 • (Un)___ 36% Mar Mar 5 1,980 2,864 10,293 100 (Un)_ Jan 7c 1 23 „ • Paramount Pictures Corp (Un)— Pennsylvania RR Co (Un)_ Phelps Jan 9% * —i.——1 Packard Motor Co Pepsi-Cola 11% 4% (Un)—10 common Pan American World Airways Paraffine Companies common r 1,278 95 * com 29% 82,500 Pacific Co 33% • dividend 745 8c 5 com 16% '/ Pacific Portland Cement Pacific Public Service 33% 7c Co southern 90 __ ,, 31% 8c Sperry Corp 4% 25 33% Apr pfd ser A Southern 33% —25 ••• Lighting Corp $4.50 series preferred Calif Gas Feb 4% —25 preferred 1st Apr 13% Convertible preferred 4.88%———25 Jan 33% 25 Co 20% „ 48 5% Jan _5 preferred 15% 90 Feb Apr Mar Jan B 25 " Edison 9% 25 common preferred—. 1st 22% — 29 % 5% 15 20% __ Jan Apr 11% 4.56% Spiegel Inc 22% • _• Aggregates red 14% Apr 33% 125 5 cumulative 11% 1,225 44% 100 (Un) 24% 740 10 60 22% May 13 Co 21% May 9% Apr 21% 9% 14% 8% Oil Pulp Jan 21% 1 1st preferred * „ 50 28 Jan 27% 1,685 Feb 29% Mar 695 32% 27% 25 Swift Co & Electric red 8% 9% —100 common Can 5% 8% „ 21% 1 Pacific 4.80% 22 10 Co Pacific 5% 20% May Jan 100 Co common (Un) United Filters class B 6% Jan 16% preferred--100 Petroleum Corp Edison 5 % % 17% 2,630 ___1 —„ Oil Pacific Oil Gas 690 21% <Un>_—10 Ohio Oil Pac 20% 1 37% 44 32% 6% Preferred Mar 21 • (Un) common preferred American Oliver 28 • Power Aviation Ohio Jan 20 — Co Occidental 24 Feb 19% 13 Convertible preferred 4.48% Feb 20 (Un;. Mohawk Oceanic 390 38 836 Apr Jan Mar 21% — North American Northern 27% 380 22 % 42% 15 26c Apr 37% 21% 32% • 33 Southern North American 5%% 27 548 • Y Central North — 58% 37% 31% May 39% Mar 6% it Co Mar 5 Natomas Co Niagara 56% Jan — „1 Fibres National City Lines— N 57% 23% 5 May Apr 32% Mar 3,071 P10 33 8% Jan 31% High 28% 13 Inc 18c Feb 30% 30% 1 Silver King Coalition (Un) Sinclair Oil Corp (Un> 15c Jan Low 10 — Inc Co— 4.32% Montgomery Ward «b Co Co Signal Oil & Gas Co class A 3.25 May a— 24% 89 „ (Un)—• Mining Sears — 181 32% 1 Foods Mauricio 30% 32% • A common Fine 28% __ 1 class Co Range Since January 1 High 30% .0 Co Sales „ * Corp Aeronautical W 15% a— May Manufacturing Bros, 25 24 (Un)„ Reynolds Tobacco class ti tUn; 19% 400 1 Corp 7% 815 (Un) Steel Shares __ 25 23% 17% Light Republic for Week Low 1 common — 540 14% __P10 Incorp Preferred 1,027 14 l Rayonier Jan 7% 16% • (Un) 7% Mar 32% 14 common & 799 Far 32% __ 10 Consolidated 47 V* Week'a Range of Prices Last Sale Price High 4% Jan — Utilities Power & M & 50 18 (On) Monolith Port Cement pfd Montana Power Co 769 1 Mindanao Mother Lode Mines M 810 • —, (On) Inc 6% 25 (Un) Co Robbins Frank Menasco Middle & 5 Machine Marine Eancorporation Martin Co (Glenn) Low 31 197/« - * 7% .. 1 High 54% — • Co Marchant Calculating Matson 7% »«*..• — ... 46% __ Friday . STOCKS Range Since January 1 54 — common,.. Shares 5% __ „ — Magnavox for Week of Prices Low ..' • 0 Libby McNeill & Libby Macy & Co <R H) Sales Range Sale Price ■ Kern Week'a Last :"v ENDED MAY 5 21% 35 35 447/« Mar 35 95 - Apr 46% May 21% Mar 13% Apr Jan -19% 5,113 27 36% Jan 22 % Jan Jan 36% Apr Feb • 35 - 150 • ---33 - Volume 171 Number 4905 The Commercial and Financial Chronicle ... , (1919) CANADIAN RANGE Friday STOCKS— Week's Last Par Dominion Tar & Redeemable Dominion 17c Chemical preferred Textile Donnacona Donohue Dryden Eddy 4%% Paper Bros pfd Co 4 % 7c Feb 2,627 11 Feb 12 Jan 17 172 Apr 175 Mar May 102 165 93% Jan 102 370 15 Jan 20 18 18 18% Apr 205 15 Jan 23% Feb 8 8 150 2 Jan 9 17% 18 Apr 530 15% Jan 18 17% 18 May 266 13% Jan 18 19% May 19% * preferred 20 17% 4.16% 0 45 19 31 50 27 29 9,322 99 • 99 10 28% 100 L 14% Glove Works Ltd Apr 29 Jan 33 24 % Jan Develop Atlas Steels Auto Fabrics Jan May 5 7o Co preferred Uatineau 57c Power _100 98 98 100 98 • 19 19% 283 17% common. preferred 5% % May 99% Mar 100 Gypsum Tire Lime Hamilton Howard 47o & 40 106 111 50 110 2.85 400 18 % 18% pfd 475 17% Jan a52% a52% 19% Mar 140 52% Jan 53 • inc 1927..50 a52 % 9 Bridge 19 19 9 800 Apr 111 Apr Jan 3 Feb Co Ltd 17% Feb 19% Apr 12 Jan 14% Apr Jan 44 % Apr Feb 50 Jan Feb 330 44% 1,075 48% 49% 49% 300 • 45% 44 % 46% 3,081 41% Mar 48 Imperial Oil Ltd • Imperial Tobacco of Canada common.5 26% 26% 27% 8,307 21% Mar 13% 28 % 13% 14 3,111 Bay Mining Smelting & Products class A pfd Ei & 13 15% 4,820 14% Feb 16% 9>/4 1,175 7% Jan 9% Mar * 7% 7% 50 7 Feb 7% May a4.00 a4.00 50 Paper Co class preferred B 15% • Ltd Pr Jan 15% i 9 S 9 • 6% 9 com ; 8 4% preferred Indust 14% 26 26'/a 40 25% Jan 37% 26% Jan 37% 38 2,281 29% Jan 38% Apr 25 85% Jan 87 Jan 10 29% Jan 37 Bickle-Seagraves Ltd 310 32% Feb 38 Apr 87c Paper preferred of 17c the Secord Lewis Bros Lindsay 325 Brown Company common Class Butterfly Hosiery Co Ltd Canada 115 Jan 5% preferred A 3,588 37% 46% May 112% Jan 8% Jan 11% Apr Jan 55 Apr % 115 115 1 10% 10% 10% 1,551 53% 53% 53% 110 22% 22% 23% 1,590 19% 19% 19% 225 24% 46 19% Jan 116 Feb 19 24 24% 460 24 23% 25 152 Jan 15% Jan Jan 157 Apr 15% 125 9 10% 315 9 Apr 115 115 10 115 May 115 May 10% 11 630 9% Jan 11 Catelli 9% 10% 1,051 7% Jan 16 16 50 10% May 17 Jan 15% 17 Apr 11 9 16 11% Jan Jan Jan 27 27% 235 21 Jan 28 Apr 26% 27% 440 25% Mar 29 Feb 26% 26 26% 545 20% 20 21 3,805 509 50% 67 Claude : 31% 32% 2,660 41 41 55 ? a8% a8 % • common 31% 25 common__5 11% 22% 22% 70 69% 70% 20% 21 165% al67 8 45 45 60 » al65% •a * Light Heat & Power Page-Hersey Tubes 9 * common Development Ltd River 4 7o Co Ltd & preferred Paper 4% Royalite Oil Ltd preferred Lawrence preferred Series Ltd Sicks Common 5 7c Jan 54% May 15% Jan 21% 63% Jan 82 100 13 8% 710 16 Jan 40 21 Feb 23 Jan 80 5 68 Jan 76 % Apr 15% Apr 12% 13% 6,028 12% Jan Jan 17% 17% 525 14 Jan 98 683 84% Jan 98 57% 475 50% Jan 57% 24% 24% 3,419 47% 47% 218 17% Feb 25% Jan Feb 48% Jan 52% 100 15 15% 222 a22 25 22 Jan 24 679 20 Jan 22% 21% 22 21% 21% Apr 47 a22 21% Apr Mar 23% 52% 15 • Jan 21% May 42% May 97% 24% — 51% Mar 55 52% 9% Mar 15% Apr Apr Mar Apr Jan 22 100 Jan 100 Jan 170 27 Mar 30% Apr 25 25 25 20 25 Apr 26% Jan 98% a99% a99% ■ — Preferred • David 25 1,390 21% Feb 25% Apr a71 35 69 Feb 71 Apr 7% 35 Jan 8 Jan a95 10 Mar 103 4.75 3,125 2.75 — 2.75 19% v: Eastern East Ford — Hayes —. - 62 Jan 14% Apr 45 45 75 39 Jan 48 Apr Jan 14% Jan 3.00 Jan ' 70 500 2.25 2.45 4,800 5 4.25 4.25 275 A—* 75c 90c 929 .• • — • 2.25 al5% al6% 17% Jan 24 % May 250 II Jan 15 Apr Apr B__ * 17 17 17 150 12% Jan 17% »• 57 57 58 Co Ltd..9 43 '42 43 Ltd. Limitee class Corp & Co — 10 y4 Apr Apr Feb 95 Apr 20 Mar Mar 18% 7,175 14 5 225 5 172 a32 a32 15 — 15 18% May 5% Mar Mar 170% Jan 1,295 6% Jan 175 Feb ' 20 a__ 310 ' May 23% May Feb 20 • 14 — — — Feb 7% May a— 15% Feb 43% 45% 1,701 Jan 46% Apr 26% 27 200 24 Feb 27 Apr 17 17 17 10 17 Mar 19 Jan 38% 37% 39% 42% Apr 101 100 101 112 17 16% 17 1,315 29 29 30 — 36% 4,921 May 140 60 65 Mar 60 9% 9% 10 477 19 18% 19 2,486 16% Jan I,325 13: 4.15 May 6 Jan 38 Jan 65 Mar 15% Jan 18% 4.15 a70 a70 17% 17% 18% 225 1.80 1.80 465 33% 33% 50 100 20 5 Canada — 1 — 9 — Paper Co Ltd com 9 W) class Securities 1.40 33 Jan Apr 4,000 6,086 6 140 5 Jan 6 92 1.15 Mar 24% Jan a85 a85 20 Jan 92 19% 6,163 14% Jan 19% May 10% 100 10% Apr 12% Mar 200 28 Jan 36% Mar 31 32 8% 8% 50 7% Jan 8% Feb 4.05 4.10 550 3% Jan 4.25 Apr Feb Mar Jan 52 200 50 Mar A Co Leaf preferred — 12% Jan 14% Mar 50 31% Feb 32 Jan 32 32 200 30 Mar 32 May 15% 15% 16 490 15 Jan 16% 41% 41% 9% 55c 17% 41% 395 35% Jan 42% 65c 17% a98 a97% a98 20 4.50 4.50 105 10% 10% 15 100 1.00 2,400 20 19% 10 20% 11 4,220 — 225 10 76 78% 666 75 Feb 78'A May 11 9 Jan 11% 50 7 H 19% 7 50 6% 6% 200 13% 9 — — Ltd 6% • McColl-Frontenac Oil 47c preferred.100 Melchers Distilleries Limited com——9 67o preferred Minnesota Montreal 10% 10 — & Ontario Paper Co 5 Royal Metals ——_• Corporation Moore — 10 Canada Ltd of Ltd 78% 9 Mount Royal Rice Mills Ltd— 9 Light & Power——10 Nuclear Enterprises Ltd —9 — Newfoundland Orange Crush Ltd Paul Service Power 19'A — 7 non-cumulative Tel Reitmans 9 17% 50 6% 500 25 8% Mar 55c Apr 17% May 6% Mar 97 Jan 4.50 Mar 10% Feb 85c Jan 17% Jan May 18% 7 Jan May 5% Jan — 15 225 13% May 35 108% Mar 22% 200 17% 25 19% 700 18 115 115% — 9 2,216 19% — —9 A— common 50 65c 22% 17% .— part 2nd pfd—50 Ltd 9% 109% 109% a54 a54 11% 11% 15 1st pfd-100 —: cum class Corp (Can) 6% * Stores Ltd Corp of Can 67c 33% 99% 13 27% Jan 101 Feb Apr 17 Apr Feb 29% Jan Jan red 57o preferred— ————20 Russell Industries Ltd Standard Stowell Investment Paving Screw Ltd Transvision-Television Twin Co 100 pfd — 115% Ltd Materials & Co — —9 Southern Canada Power 6% Southmount 59 113 54c II,233 class 5 40 53% Jan Ltd United of Canada Amusement % Untied Ltd— Corporations class Class Products Ltd Western Canada Western Grain Windsor Hotel 9 Co Ltd—— 54% Feb Jan 12% Apr Feb 9% 13 23 Apr 17% Apr / Jan Jan 18% Feb 19% Feb 116 Mar Feb 54c 13% Jan 17% Apr 17 Apr 17 Apr Apr 41c Apr 10,000 20c Jan 40c 100 in Feb 13% Mar 17% 121 14% Jan 19% Mar a35 28% 4 29% 240 58% 58% 1,285 ?5 1.50 1.00 1.50 1,200 Mar 30 30 Jan 26 May 29% May 50 Jan 14% Mar Feb 95c 59 Apr 17% Jan 1.50 May Jan 19 Feb Apr 30 Jan 18 — * Jan 28 % May 29 18 75 14 26 — • Feb Apr 35c 616 ; 7% 15% 110% Mar 12% 15% 9 Apr 28% — — 9 Apr 19'A Mar 12 25 15 Ltd Jan Apr 150 15 Manufacturing Co Ltd 11 17 5 —« 1.05 20'A May 16% ————9 Breweries 11% Mar a35 28% 28% „ Jan Mar Feb 5.00 17% — — -* — Westeel Woods .——9 7 100 30c — class A.9 A_, 9 Jan Jan 12% 30c Corp Ltd 18% Apr May 17 — 9 10 65c Jan 16% 16% Ltd—9 A—.—9 (Can) 53c 54c City Rapid Transit—————9 Gas Apr 40 , Ltd rights.10 .10 — 53 13 32 —9 Ltd Co Apr —9 Paper Co Milling Jan Apr 13% * Lowney Co Ltd (Walter M) Maritime Teleg & Tel Co 14% 30 32 A—9 ■ & 52 13 Ottawa—9 of Ltd class B Power 13 50 preferred Co Jan/ 9 13 Publishing Apr 10% 11 Groceterias Jan 37% May 18% — 26 conv Jan — 100 class Ltd 1.75 1.25 37% 6 ' Apr 1.80 Feb 36% —_• A Corp Baking Co Ltd Indus ; Jan •; Apr 19% 10 —9 Company Products Ltd 10% 19 1.15 37% red pfd.100 4.50 Apr 0% May 35% — A—9 - class Sec Corp 6% 60 45 Union 27 * Mar 43 22 20% 61 Jan 4.25 pfd Ltd (Frank Jan 39 9 Ltd 7% preferred of 50 1,090 9 Products Power 60 Feb 1 190 . 9 Worsteds— Paper Co Ltd Ltd __ 50 Mica Feb 21,376 14'A 185 17c 15% Jan 24% 13 25 Jan 15 ... Jan May Apr Aircraft MoxwpII Jan Mar 14 — 13 Maple 90c Mar 30 Class 4% 4.15 Mar 45c 13 6 7o 3 Jan 13 880 90 43 2% 30 10 5 80c 16 Metal a95 7% Jan 9 Inter 9% 172 2.00 Mar 19 Inter-City 67c 7% 10% 30c Apr 23% 23% 9 common Insurance Quebec - 155 45c ' Investment Foundation Ltd common—9 Apr 44 25 Jan 12 Jan Ltd Jan — • comihon__ 57 75 Jan Steel 23 16% 4.65 May Jan 55 - 15 Pow Horner 22% 7% 3% 62 13% 18% Hydro-Electric 100% 5 100 21,745 62 200 Lakes Great Jan — _ 4.65 4.35 200 Mills Halifax Jan 18% • Apr — Goodyear Tire & Rubber of Can Ltd—9 Apr 865 • May 115 16 Motor 19 2,105 • 16 Jan 19 Steel Foreign 20'A —— <fc Worts Feb 88 2% Ltd Mills Fanny Farmer Candy Shops Inc Fleet Manufacturing Ltd 98% 22 • 12 105 13% class Oilcloth & Linoleum Falrchild ; Apr 35 108 ./ 4.60 16 109 16 Kootenay Esmond 241 23% 2.75 1.50 Feb Feb Apr 19 Square 130 21% • Corp Woollens 496 8% 5.50 Jan 16 Dominion 22 22% 2% 16 45c common Sec Mills Dominion 22% 23% 09 * Donnacona 98% 21% 60 5% Engineering Works Ltd Dominion 22 5 _ common __ 20 Frere Dominion 22 9% — new Feb 4.15 9 Imperial & 98% 0 preferred—..—Too _ 18% 2% preferred a95 * —— _ Jan 13% * Paper Textile 22 100 100 _ 17% Apr 10 30% 100 . Ltd 26 175 25 1.40 1.50 3,000 75c Mar 1.19 1.85 Jan 4c 3,442,725 4,000 43c 3c 2c Jan 1.01 1.18 103,400 50c Mar 7%c 7%c 1,000 7c 36c38%c 5,500 13c ' '" • Canadienne ... Commerce - — 10 10 - Montreal Scotia 104 57% Banks— _ _ 20% • r 20% 20% 470 26 25% 26 28% 29% — , For footnotes see page 43. 40% 40% 40% 27% 27% 28% 3,417 40 40 250 • Jan Apr Jan 26 Jan Jan 29% May 39 - 20% 24% 1,007 10 Mining Stocks— 27 3,-582 -—10 . ...._ \ 20 .275 29% , 40 Roval Jan 98 • (George) 103 57% 47% common 17c 490 • Ltd Stand Consolidated 22% Corp. Apr May 18% 13% • „ Div Consolidated MacLaren Feb 27 Power preferred Nova 8.80 5 . Cotton Mar 17% 1,040 - Tobacco 101 30 _ 27 ,50 A—10 cl preferred Journal 21% a Adv Ltd Alcohols Consolidated Loblaw % 3,940 20 _ Jan • General Commercial Apr 15% May 17% Jan 103 Co Canada Limited Mar a80 50 _ 15 . * common B May 17 • preferred 67c Jan 12 44% Winnipeg Electric common Zellers 99 21 « Walker Gooderham 57c 30 7,533 21% com Eiscuit Wilsils 100 15% 17 • Weston 100 14% 14% 42 Tooke Brothers Viau 54% 42% Thrift Stores Ltd Wabasso Feb 20 Chemical common Steel Jan 15% 1,965 • United 57 Jan 9 Preferred Tuckett Apr 14% 1,530 - preferred of 51 3,633 - — Canada Co Jan 360 275 99 preferred- preferred Standard 47% 53 15% 82 « 4% 7c Steel 27 Feb 20% • - • Press Jan 45 —50 c E Southam Mar 26% 400 103 com Canada A Class Southern Jan 103 common t v class Feb 45 20% A— of Jan 175 Jan 43% prefererd & Sons 57c 1H1 Simpson 22 Apr 38% 1 class Williams Breweries Simon 19% Mar 168 19% 100 1st preferred preferred 4%% B Sheraton Sherwin Feb • Shawinigan Water & Power 4% 71 51 —1 Paper preferred Series A Jan —49 common Lawrence 2nd 1,235 Apr 66% 2,539 23V* Mar 24% 78% • Corp 11% Jan Jan Jan 200 52 100 1st preferred 2nd preferred St Jan 19% 46 53 25 preferred Saguenay Power 4%% St : 10% 22 20% 9 $1.60 Rolland Feb 80% 9 Power Knitting Feb 9 Jan 26% 54 % ;—100 Quebec 43 Apr • common Provincial Transport Regent Apr Jan 9 Corp of Canada Bros Jan 37 15% ' * Co 103 45% 46 I Powell Apr 26% • Placer Apr 8% 630 100 Mar 77 40 1,326 22 • preferred Steel Products 51 Jan 31 % 250 22 22% • Ontario Ltd 11% 22% 9 . 11% 9 common Jan 102 ' 5 Car Corp Weaving— Apr 25 67 Products Ltd Neon Class Feb 22% 37% 30 29 Apr 50% 170 102 25% Mar 20 4 66 102 100 pfd..100 Ottawa Penmans, 16% 27 27% 40 Tramways preferred Power Apr • Preferred Price 26% 9 A Ltd 24% May 1 Chatco Steel Products Ltd common Cosmos Apr Westinghouse Co Ltd Limited common Food May 10% ■ • Mills Jan Apr 28% Mar 155 Mar 20 Mar 155 • Locomotive Mines 21% a95 4.20 • 48% 3 Montreal Telegraph 17c Ltd 46 9 Flour Vickers 47% 5 (Robert) Noranda Feb Jan 40 / 7% — 9 9 B Ogilvie Jan 12% 51% a71 • __ 2 Feb Steel 22% Jan Jan 24% „ 100 — Cassidy's 100 Drug & Chemical Feb 12 49 Jan 24% Ingersol Rand Co.— 9 Canadian Internat Inv Trust Ltd com_9 Canadian 6.00 Mar Jan Breweries Feb 14'A Mar 40 • Canadian Canadian Western Lumber Co * 4%%' 2.50 50 50 18'A Jan Ltd Ltd Apr 106% May Jan 21% Feb Apr Apr 24% 45% Jan 7% common Co 10 4% Jan 435 50 18% 17% Feb 13% & , Mar 140 . a26% a26 % __ * • 32% 4.25 21% Wire • Canadian Gen Investments Ltd Canadian Industries common 15% Apr 29% Mar 50 3,224 Niagara 24% 200 4,842 National 24% 8.235 14% 17c Ltd 24% 16 26% National 9 640 12 50 32 14% National 22% 12 V 50 4.50 25% <H> 22 12 50 16 14% Morgan 1,100 22% 30% 26% Montreal Jan 1 4.50 , class Jan 1.50 8% 105 Jan 92% • Canada Packers Ltd class B Canadian Dredge & Dock Co B 16 preferred Ltd 3% 885 1,000 • class 31 % • Montreal Flooring Co Ltd Malting Co Ltd Canada Feb 4.50 9 Breweries 10,576 11% Jan 2.25 12% Canadian • Class 4.65 11 2.25 12% Apr Massey-Harris Molson 4.25 102% 106% 12% Jan 12% McColl-Frontenac Oil Mitchell Mar _1 Canada & Dominion Sugar 13 common Ltd Jan 81 __ 26 " Corp 6 60 105 Apr B Mailman 6 100 4.60 Feb 9 Export class 11 6% 9 Mar Ltd Shops 11 100 1 Ltd 2.00 70c 6% 100 Preferred Burnett Apr Jan 1.75 25c 11 Pulp & Paper Co Ltd com.* * Corp 6%% 6% May 6% * Col 5% MacMillan B British 25 ■ • Candy 16% May 1,200 115 —100 W) 9 % Mar Jan 12,600 19 Ltd <C Jan 16 65c 145 Ltd Woods 8 100 2.00 250 * preferred Laura 38 12% 9 Utilities (John) 100 50c 13 Power Co 370 2.00 26 ... Petroleum Jan 7 60c 115 common International Lake A 26 Canada International Labatt class 25 of International International Ltd 115 common Nickel 7% '' Jan 8% 2.00 Columbia Packers Ltd class A_9 Class Millen Canadian Marconi Company 1 Canadian Pwr & Paper Inv Ltd com—'• 5% preferred * preferred $4.00 37 37% 37% —• International 4.00 3.75 Mar 16% • & ..100 common Bronze Apr 8 • Brand ..100 Coal International 87 37 32 preferred 6% 87 25 (John) Intercolonial Mar May 100 preferred preferred $1.60 Inglis 13% Mar 26 • Corp common preferred $1.25 Apr —25 . Acceptance $4.25 6% I 16% 20 Canadian Fairbanks-Morse Co - High 80 Apr 34% 14% 44 44% 50 109 Jan 13% • common 19% Jan 27* 49% Huason Apr 111 Alabastlne Smith Paper preferred $2.00 May 2,85 Steel Wares common Goodyear 108 108% 19% 100 Bakeries Ltd General 108% 98 Jan —♦ preferred General Low 9% British Gair Range Since January 1 High 9% * Anglo-Nfld Class Low 29 98 Shares • Bathurst Jan for Week Par Acme Belgium Glove & Hosiery Co Jan 16 Apr Sales Range of Prices Friday 19% May May 1,320 Week's Last Sale Price STOCKS 20% Jan 19 14% • common preferred 17 19 14% 31 9 25 19 14% preferred..25 Canadian Funds Feb 22% 19% Famous Players Canadian Corp Foundation Co of Canada Fraser 29 Feb 100 1 H) 23% May 21 % 18% Heating Products Ltd--(T 250 135 22 % 101 Corp Estabrooks 175 Power Paper Co class A Enamel & 11% 175 Montreal Curb Market 18% ; 5 High ♦ Paper Electrolux 23% 11% Low - 100 Ltd East Kootenay 23% 22% 100 MARKETS MAY Range Since January 1 High 11% * preferred Shares Low .23 % common ENDED for Week 23 V2 common.."' WEEK Sales Range of Prices Sale Price LISTED FOR 39 Jan 41% 27% Jan 28% May 39 Mar 40 Apr Jan Akaitcho Yellowknife Gold Mines Anacon Arno Ascot Ltd Metals Aubelle Mines Aumaque Gold Mines Ltd 1.50 1.85 -9 1 Corp Limited 1 9 Lead Mines Mines —— 1 1 — 1.17 — 36c A Apr Jan 1.50 Mayes: 1.85 May j 4c May 1.18 May 11 %c Mar 63c Mar 40 The Commercial and Financial Chronicle (1920) CANADIAN RANGE Week's Range Shares Friday STOCKS Low Par Band-Ore Gold Base Metals Bob's Lake Bcnville Ltd & Diamond 13,500 4,000 4c Jan 7c Jan 7c 5,000 2c Jan 7c May Mines Ltd 20c — __ Cournor Dome Mining Co Dulama Gold Mines East Elder Mines El Sol 6,000 2'Ac Jan 4c 5%c Feb 15c Apr 5c 2,000 3c Feb 5c 6%c 5,500 5c Mar Mines Gold Fontana Mines Apr 1.75 4c Feb 5'Ac Apr 5,000 5c Mar 8c Jan Jan 25c Jan 17% 17% 580 20% Jan 64c — 300 11,580 7%c 67c 2,000 67c 18c Mar 17 53c Feb 26c Feb 7.40 39c Jan 60c May 1,000 28c Feb 42c Jan 6c Feb 10c 2'Ac Jan 5c Jan May 225,200 13,100 1 55c 46%c 60c 3,000 — 31'Ac 31 %c 7c 7c 7c 4,000 3c 3c 500 15c 226,100 16c 4.45 May Formaque Gold Mines Ltd Yellowknife Gold Mines 9c 5%c Feb 15c 1 9.10 8.60 9.10 1,200 6.20 Jan 9.10 May 1 5'/2C 5c 5%c 4,000 3'Ac Apr 6c 45c 45c 1,000 45c May 45c 5 11 lOVa, 11 10.015 1 14c 14c 18c 1 — Hard Mines Rock Ltd Gold — Mines — Hollinger Cons Gold Hudson-Rand Gold Jaculet jack Mines Lake 1 —. Mines Ltd.. Mines Ltd Ltd. Mines 1 Ltd Joliet-Quebec Mines Kerr-Addison 1 Ltd Gold 53c 47c 3c — Ltd.. l Gold 1 New Calumet Mines Goldvue New Norseman New Thurbois Normetal Jan 56'Ac Mar 250 17% Mar 100 4.00 Mar Jan 5.25 20c Jan May 15c 20c 22,000 12% 1,537 3c 5c 4,' 800 3%c Jan 5c Apr 22c 21c 23c 11,500 12'Ac Feb 30c Mar 62c 55c 63c 28,800 45c Jan 83c Jan 11 % May 14 12% 300 12 Jan 13% 80c 7,000 65c Jan 85c 1 1.30 1.20 1.30 6,500 95c Mar Ltd — __1 — 46c Jan Feb 1.30 May 46c 6,000 32c Jan 49c 30c 5,000 30c May 37'Ac Apr 18c 19c 5,000 18c May 19c May Apr • Gold Mines 3.10 2.98 3.10 6,800 2.50 Mar 3.10 May 1 Ltd Corp 1.95 1.92 2.05 2,700 1.80 Mar 2.32 5,500 1 5c 7c — 1 3.70 3.70 1,000 56c 56e 1.000 Dredging Ltd. Mines Queenston Gold Mines Ltd. Mar Jan May 5c 4.00 56c Jan 6c 2,500 4c Feb 6c Apr 5c 4,500 2%c Jan 5c Feb 1.45 — _* Arjon Red Crest Regcourt Gold Mines Gold 1.50 3,500 21'A 275 Ltd * Feb 1.74 Apr Jan 1.02 19 23% Feb Co Ltd Miller Gold Mines Mines Ltd— k Rock (1944) Sullivan Iron Cons 6c- May 8c May Jan 14c Jan 8'Ac 21,500 6%c Mar 14c 33c 27.000 28c 32c May Mines, Mines 2.35 80c 57c Feb 89c Mar 43c 16,100 31c Mar 43c May 94c 28.400 69c Jan 97c May • 48c 48c 2,500 55c 3,767 9c 10c 1,000 1 3.20 3.20 200 48c May 62c Jan 6c Jan 10c 22c 18c 9,200 8% 675 80 80 60 Gold 2.91 9,400 13c 15c 18,500 3.20 200 2.95 1.33 1.10 1.40 36.000 1.02 9'Ac 11c 24.500 2.75 2.85 1 Asbestos Corp Ltd, Ltd 1 60c 55c 63'Ac 7c 6c 50c Feb Mar Feb Apr Mar Apr 3.25 15c 3.35 Apr Apr May Apr 1.40 May 14'Ac Jan 71c Jan 3.25 800 Feb 4.00 14c, 133.000 2c Feb 14c May 4c 2,000 2c Feb 5c Apr 21c 32'Ac — 3.40 8c • 165.425 13c Mat- 13%c 1 Western Ashley Minerals LI 71,800 2.32 3.25 4c 1 I Vinray Malartic Mines Ltd, — 1 31c 2.99 — s .1 — 4c ' ' 4%c 26c 31'Ac 26c 7,000 122,800 SVa c Mar 32 %c May 26c May 5%c Apr 31'Ac May 5.10 Jan Apr Jan 8% Mar Mar 80 30c Jan 11 %c 11 %c 14c 6,500 9c Jan 16c -1 1.18 1.02 1.18 260,900 50c Mar 10 15% 15% 15% 465 Apr 37c .1 Asbdown Athona Hardware Mines class A (1937) 30c 32 Vic 39,400 22c 13% 1 12 %c 12 %c 14c 29,840 1.94 1.85 1.99 25,200 1.28 9 9 9% I,285 7% Jan 1 25c 37,000 Apr May 15% May 17%c Apr Jan • Apr 1.18 Jan —• Atlantic Oil Atlas Steels Atlas Yellowknife Aubelle 7Vic Feb 2.05 Apr 9% Mar 23c 28c 1 7%c 7c 7%c 9,000 —1 32c 31c 39c 96,300 1 3.40 3.40 3.50 2,760 3.10 Feb 3.80 4.50 4.50 225 3.75 Jan 4.50 May 18c Mines Aumaque Gold Aunor Auto Fabrics Bagamac class B * Mines Bank of Bank of Nova Bank of Barnat -1 22c 20 %C 22 %c 5.00 10c Jan 28c Apr 4%c Jan 4,875 13c Mar 12c 66c Mar Jan Apr Feb 27'Ac Mar 8%c 9%c 11,585 6c Jan 10%c Mar 10 29% 28% 29% 440 27% Feb 10 40% 40% 40% 29% May 250 3b"/a Jan 41 10 40 39% 40 245 38% Jan 40 —1 1.60 1.58 1.72 42,050 1.16 Jan 65c 65c 66c 7,100 30c 28c 31c 37,175 27 27 255 Co Ltd Metals Bathurst Class Mining. Power class 9%c A B E«eattv Bell Scotia Toronto Barymln Base 1 Montreal. Mines Ltd Belleterre Mar 70c Apr Apr & Sons class 6% 50 12% 12% 12% 470 40% 40 % 41% 6,161 6.00 6.00 6.10 850 35c 35c 1,000 16% 16% 35 31c 35c 34,400 24c Feb 13,500 4c Jan 6c 6% Jan 7 1 . A Apr 32c 1 — Jan * 6% 12c Feb 7% Mar 39% Apr 27 Jan 25 Quebec River Bertram Jan 20c • . Telephone Berens 54c 24% Mar 1.88 6% Bros Bevcourt Gold Bldgood Blue -1 Kirkland Gold Biltmore Hats Ribbon _1 34c Corp common-- 5%c 6% common 5%c 6% * 14 Bobjo Mines 1 Jan 14 Jan Feb 41% 6.00 May 27 %c Apr 8.50 Apr Jan 44c 17% 16% Mar Jan 1 60c Bonville 6c Apr 6% 25 Apr Mar Jan 14 35 12% Jan 14 18,800 Apr 12c Jan 16c 7,500 39c Jan 64c Apr Apr 2c Jan 6c Apr 57c 60c 1 5 %c 6c 3,000 1 Gold 38'Ac 12 %c 13 %c 12 %c Bonetal Gold 15c 15c 500 40 40 300 14c 14 %c 7,666 Bowes Co class B—. * Boymar 1 14c • 8.25 8.25 8.50 10 %c Mar" 2,565 • 60c 50c 70c 10,020 7% 7% 100 Bralorne Mines Brand & Miljen Brantford Brazilian class Cordage Traction A class Light Preferred B & * Pwr Red British American Oil • 23% 23 % 23% 19c 125 125 125 Lake Mar Jan 40 12c Mar 25c 8.25 May Jan 6% 19'/a 73,766 Jan 1 10c 26 25% 26% 4,335 25% 25 26 25 % 26 1,105 89 89 30 100% 101% 205 9,755 3c Jan Mar 7% Apr 23% Jan • Jan 70c Apr 125 May 10 25c 35 9%c ll%c 27 15,963 100 com , Brewis common Preferred British Columbia 4%'A Elec 4% pfd 100 preferred— 100 British Columbia Columbia Packers Class British Forest Products class A L L Columbia 101 • 3.85 * 3.65 3.90 11% 11 % 7 7 Apr 125 Mar Jan 12c class A— • 29% 29% Apr • Bruck Mills class A 11 7,675 32c 153,100 59c 60c 16,700 50c 17 18 % 185 6% 6% 200 1 Ankerite 12c 13 %c 12c 2% 1 .194 1.90 2.00 19c 14 %c 20c 293,300 1 40,200 Lake Products • Hill 6c Burlington Steel * 9c 34 % 35% 4%e II,500 16 350 Mar Jan 2.28 Jan Apr 20c Jan May 9c 4%c Mar 30% Feb 8 19 %c . 1.90 May 705 3%c 9c 35% * 19% Mar Apr, May Apr 65c Apr 8c Apr 4.20 Jan 9c Apr 32c May Apr Apr 9 % 30 Jan 6% 2,400 • 12 Jan Jan 17 28,000 4 00 Jan 21c Jan 102 Mar 6 27% 4.10 * Gold Building Jan 25c Buffalo Canadian Bunker Feb 2.75 3.85 17 Class B Red Feb 30c Oil. Broulan Porcupine Bultaio Jan 91% 60c Dominion Buffadison Jan 27% Apr 99% 25 27% 87 960 11% Jan 25% Mar 300 29% * Power Class B British May 35% May 4'Ac May 3%c Mar 16 #15% Jan 17% 30 30 Apr 60 26 Feb 30% Jan • 19% 19% 19% 345 17 Feb class A • 7% 19% Miy 7 7% 455 Calder Bousquet 1 11 %c 7'Ac 12 %c 17,000 * 30% 30'/a 30'A 25 • 8.25 8.05 8.40 5,380 6c 6%c 6,000 5c Jan 42c Mar Burns & Co class A * Class B Burrard Caldwell Linen 1st preferred Edmonton , & Calgary Callinan Flin Flon Calmont Oils Calvan Oil StOCKS— • 73 14'A 7 Apr 8 Jan 7c Jan 16c Apr 31 Feb Apr ' .1 —, Products 7% -1 Mar 2.40 Mar 3.20 .1 Ltd— Mines United Mar 15c 8% Buffalo _ Ltd Ltd Apr 92c 1 Ltd Trebor Mines 2.62 35c 10'Ac Torbrit Silver Mines Jan 80c __ — Mineral 1.92 40c « Westville 1.500 80c )c Wendell 2.40 Apr 1 Ltd— 30c 14c 18c Jan 30c __ —1 Standard Gold Mines Ltd— Steep Jan May 7c 1 Ltd— Mines 3c 8c 5,500 7c 1 — Sladen-Malartic Mines Ltd—: Stadacona 7,000 24,500 9c 50c _„1 Sherritt-Gordon Mines Ltd Siscoe 5c 8c 8c 32c —I Santiago Mines Ltd Shawkey Mines Silver 5c 8c 9c Ltd—— ——1 Mines Jan Ascot Metals Corp British Rocnette Gold Mines 8%c May 12c Feb May 5c 21% 1 Mining Corp Ltd 4c 3.05 56c Apr 4'/2c — 4%c 3%c Mar 105,000 8% Bordulac 45c 1 167,000 30c Mar 29c __ . 8%c 27c 20% Mar 11% Ltd Quemont 82c 1,400 12% .... Gold Gold Apr 79%c — Mines Cadallic Cons Perron 5c 65c Ltd.u—2-i---.—-l Pitt Gold Mining;.Co Ltd.-— :..l Quebec Yellowknife Gold Mines Ltd...1 Pato May Jan 4.65 6c 60c 80c O'Brien Gold Mines Ltd Pandora 2c Jan May 11% • Ltd— Mines Mining 21c —_1 Dredging Ltd New 18c 1 Mining Corp of Canada Ltd Cons 4.500 11'/a May 19V2 1 •— Ltd Macdonald Mines Ltd Nechi 3%c Feb Feb 1 Ltd. Mines Goldilelds Louvicourt 286,658 May 10 65c 19% 1 Lingslde 60c Apr 10c 4.65 1 Lake Shore Mines Ltd 3,865 3%c 19% 1 Mines Labrador Mining & Explor Co Ltd Lake Rowan (1945) Mines Ltd High 4%c 28c -100 Bankfield Consolidated Apr Goldbeam Giant Low 5%c Jan 26c 7.00 — 1.15 Jan 22c t High Apr 3,000 20c 6.65 Ltd (1945) Jan 1.05 5%c 6.65 Ltd 6'Ac May 1.05 ...—..1 Ltd— Apr 5'Ac 19c — .1 Preferred Range Since January 1 Low Mar —1 Mines Jan 9.700 24'/2c — lie 4c .• —. Feb 12c 1 Ltd./.. 7c 5%'c — • Ltd Gold Biaona 249,200 11c 15c 6c ——1 Mines Ltd Sullivan 1,000 4%c — ——1 — May 11c 5%c 1 Ltd Ltd Mines Mar 20c Mines Argus Corp common- Apr 3'Ac — Mines.l Donalda Mines Ltd———, Apr "11 Porcupine Shares Jan 3c • Res. Week lor Armistice 20c 8%c 9%c * _— 14c Feb 3c ——1 Cadillac Central Explorations Ltd May 2c 6c 3c Mines Mines Consolidated 5c 500 5c — 6%c Chesterville 33,500 5%c 4%e Cortez 5c 1,500 1 Ltd Feb 4%c Ltd-.* Mines 4c 4c — 1 Ltd Mines Area 31c 4%c 6c 1 Cheskirk Aquarius 30c Ltd— 1 Century Mining Corp Ltd ———1 Gold Centremaque Jan Apr 4%c _« 1 Gold Cartier-Malartic 5c 32c — 1 Ltd oauaego Mines Jan Mar 30c M Corp. Gold Malartic 4c * ——1 Ltd—— Mines Gold Brazil Gold 1,500 4c 4c 4c Range of Prices Par Consolidated Apex Sales Week's Last Sale Price High Low High 1 Ltd Mines Friday STOCKS Range Since January 1 20c Ltd Mines Mines Bouscadillac Gold Canadian 1 Mining Corp Ltd.— Gold Gold Bouzan Ltd.— Mines WEEK ENDED MAY 5 for Week of Prices MARKETS LISTED Sales Last Sale Price FOR Monday, May 3, 1950 ... 1 Petroleums 53c 50c 53c 4.60 4.30 4.60 Mar 6.80 Mar 23,200 * Ltd 30 1,600 8.90 Apr 6%c 4.30 May Feb 58c Jan 5.25 Apr Consolidated Homestead Oil Co Ltd— Decalta Oils Ltd — —— _LA— 3.25 Jan 5.30 6,350 2.52 26c 2.60 30c Campbell Red Lake 2.60 30c 10.500 2.100 23 Jan 30c May Canada Bread 2.40 2.40 53c 1 53c 2.40 53c 800 1,500 49c Feb 58c Jan Canada Cement 35 35 36% 330 2,000 34 4c Feb Jan 7'Ac 38% Jan 29% 29% 265 29 Jan 30 Jan 6% 6% 50 5 Feb 6c 5c 6c 17c 17c 17c 500 3.50 3.50, 200 ' » — Gaspe Oil Ventures Ltd General , ■' Petroleums New Pacalta Ltd Oils Co 17c Jan 3.50 May Jan 1.88 1.65 1.69 3,500 1.22 1.18 1.22 1,100 1.05 Mar 1.30 1.01 Feb 1.25 1.20 1.16 1.22 3,300 15% 15% 16 19,171 Ltd 10c 10% Feb 8c 10c 4,500 —90c 1.80 1.80 200 Omnitrans Exploration Ltd Pacific Petroleums Ltd 1.65 Mar * 4c 4%c 5,000 3%c Mar 5.75 6.00 1.600 Pan Western Oils • 24 %C 33 %c 136.500 18c Jah 3,500 41c Feb Okalta Oils Superior Ltd— Oils — 1 1 Ltd Ltd 33c • 49c 50c Apr Apr 1.22 • i Apr 2.25 1.68 >:/..♦ Co 5.20 • common . Oil 13c Feb 1 Ltd Class A Rome ' 3.85 8c Mar 4.20 Mar May Feb common common Preferred Canada ! Foils Class A Canada Canada Northern 16'A May Canada Packers May Foundry Jan Canada 6.15 Apr Canada 50c Mar STOCKS Last Exchange Sale Price Power & Paper $1.50 preferred class Acadia-Atlantic class Preferred A— Class Acme Gas & Oil Acnew-Surpass : Pacific Canadian of Commerce Aluminium Aluminum American Ltd Anglo 43. 33% 33% 35 25 23 7/a 25 220 ? Jan 33% May 37 Jan 2,035 19 Jan 25 May 28 220 220 220 197 Jan 20% 20% 95 14 Jan 21'A 90 88 90 220 80 Jan 90 34% 35 105 30% Jan 35% 25% 26% 1,390 25 Jan 26% Apr Apr May Apr 26 22% 22% 22% 3,695 21 % Mar 23% Jan 19 18% 19 1,069 17% Apr 20% Jan 18% 18% 19 490 18% Apr 20% Jan 11% 11% 12% 335 11 Jan 13 14% 14% 15 648 14 Jan 15 Jan 37% 35% 38 1,700 29 Feb 38 May 39 39% 80 37 Feb 40 Mar 25 26% 26% 27% 375 24% Jan • 5% 5% 5% 400 * 12% 12% 12% 200 11 Feb 12% May 100 75 75 75 25 67 Jan 75 * 10% 10% 12% 3,520 25 Dredge 22% Jan 24% Apr 23% 24% 25% common Preferred . Feb Mar 27"% 4.65 Mar Apr 6 Jan Apr 23% 103% 29 360 23% 40 103% 104% 100% 45c _• 7c- r 50c 3,422 6c 7%c 10.600 g7/a 1.50 8% 25 1.25 1.54 86,700 35c 4%c Apr Apr Mar Jan a% Mar 70c Jan 105 Feb 55c Jan 7'Ac Jan 9 Mar 1.54 May A Canadian Class 34c 17 16 39c 8,390 3,970 66% 2,100 26% 130 17c 18c 22,811 60c 17c 1714 63 26% 65% 62c 4.700 12c 13 %c 23c 13% Mar 39c May — Industrial Alcohol vot B • Canadian Malartic Canadian Oils Cos (expire Canadian : common 26) May Pacific Railway— Jan 17% 52% Feb 66'A May Canadian Tire Jan 27 Mar Canadian Utilities 28c Apr Canadian preferred Wallpaper class A 65c Jan Canadian Wirebound 52c Mar Corp A— Feb 1.88 375,480 44c Jan 1.88 May On 5.20 16,095 3.80 Feb 5.35 Apr Central Canada 1,273 9.60 Jan 11% Apr Central Leduc Feb 32c Feb Central Patricia Gold Mines— 10% 23c 10% 24c . 47,800 18c — — 18% 1.03 16% 525 11 6.83Q 18% 18% 38% 12% 8% 82,7ft 88c 37% — 16% 5 — 8% Jan Jan 12 Apr 22% Mar 50 945 Apr Cariboo Gold — st.le-Trethewey Loan Oil * 100 -—* 30 May 60c ' Jan 15 % 5c 8,7<& T. - — .fto Apr 1-03 Jan 18'A May • May Apr ;28c /' Apr .16% Mar 14 14 26 .31 19 Jan W^TOI 102% 102% 14 ''Apr 1.30 1.25 2.50 2.53 205 205 205 1.40 1.35 1.45 80c 80c 83c 1#. "12% 1.30 2.52 38% May Jan 26 1 7c 1.19 4.93 23c 11 30 100 13,500 1.85 ... -25 11 27 • i—1——1 5.05 , — 30 : Apr Apr • 13'Ac • _• — ——* 26 15'Ac Mar * —.. Canadian Locomotive Rights 33c 1 page 33% • common Canadian Food Products 8,975 * see High Class 1 ; Jan 12% * • 1 52 Apr —• Preferred Canadian Low 29'A May Anglo Rouyn Mines footnotes Range Since January 1 High Jan • Oil Jan 10% • preferred Celanese 21% Aroo-Huronian For Canadian 5,780 1 — Canadian 47 195 20 %' 25 American Yellowknife 230 11 —• common.. Car common 24 • preferred Larder Nepheline Anscrn Lead Shares • Can Amalgamated of Prices ..l Aiboma Steel 51 10 Class A 23% 1 Cons 50 10% • class A— Breweries 27% * Akaitcho Yellow Knife Alberta Mar 50% 100 Mortgage common—. Canners 24 l ————i — May 22 —• A & Cable Bank 28% _♦ — 13 Apr B • .100 — Acadia Uranium Mines Jan 21 34% Lines 20 common — 11% 50 • Permanent SS Canada Wire Convertible for Week Low 40 Sales Range Par Abltibi 13 21% Power Canadian Canadian Foods Week's 13 10 common Class B 7%c 6% May Jan 33'Ac May Jan 11 Malting Apr 2.21 2% • Jan 10c 2.35 Mar 21% 13 Iron Canadian Friday 6% common Canada Canadian Toronto Stock 20 2.50 Mar 103 Jan 1,100 4,033 U 1.25 Mar - " : i ' •; 4 205- jyiay Feb 12,lO0'-:-r:£"Ji76c * Apr Jan 27 .Mar 1.45 2.20 Jan - Feb 13 Apr 2.60 Feb Feb * 205 1.52 May Jin "1.08 Jan Number 4905 Volume 171 .. The Commercial and Financial Chronicle . (1921) CANADIAN RANGE Friday Week'* Range Shares Par Central Porcupine 1 Centremaque Gold Chatco Steel chemical 1 preferred 10 — Research 50c Low 11c 18c He 11c High Low 18c 7,200 12,500 12c 15c 6c 7 7 70 90c __ 90c Friday 1.05 32,000 21 %c Mar Jan 14Vic Malartic 500 Cochrane Class Dunlop Cockshutt Plow • National Comaurum Consolidated Bakeries Beattie Mines Consolidated Central Cadillac 1 Homestead Consolidated Howey __• 1 Consolidated Lebel Consolidated Mining Oro__ & 1 Smelting 14 15 15 100 163/4 17 % 3,345 Jan 11 Jan 15% 15% Mar May Apr Mar Apr 17% May Feb 7% 73/a 50 6% Hard 1.05 4,200 l.oo Rock 23c 22c 25c 27,129 13c Jan 10c 10c 12c 20,225 7 %c Mar 83/4 9 315 63c 66c 49,027 5c 53/4c 76c 90c __ 64c __ . 88c 8 2,000 4c 42,405 Jan 97/e 1 100 53/4c D'Aragon Mines __1 Petroleum Decalta Oils Delnite Apr Apr 8'/2c 6,001 8c May 26c Jan 2,098 913A Mar Rio Dominion Bank Dominion Magnesium Dominion Scottish Inv 153/4 50 14% 18c 4,000 9 9 290 23c 12,600 55'/2c 57c 6,900 51 51 160 Feb 16 Mar 22c 6% 25c Jan 9% Jan Apr 13c Feb 23c Apr 50c Jan 65c Mar 47 Apr 523/4 Mar 25c 26,700 10c Jan 31c Apr 3%c Apr Jan 153/a 13% Feb 15% Apr Apr 41 %c 46%c 132,200 26 %c Jan 47c Jan 11 45c Feb 47c FeD 5%C 6%C 5,000 3%c Mar 7c Apr May Red Lake l Gold 1 Mascot .4 32c 11,200 24 %c Apr 42c 21 % 50 XW/a Apr 24 7% 7% 125 7% Apr 17Vic 12c 18c 70,500 1.75 1.75 1.80 7,500 79c 72c 79c 31,600 40c Feb 11 Vic 11c 14c 52,000 *6c Jan 14c Apr 47c 45c 50c 209,700 28c Mar 50c 24% i7Vi 18c Apr 1.60 Feb 1.90 85c 233/4 5 11 10% 11 15% 15% 75c 7c Gil':_—___ Gold Howard Smith preferred & Indian $1.60 4c Mar 15c 6c Mar 15 %c 40% 32c _* Jan Inglis Jan Inspiration May 45 Apr May (John) Co & International 45 46 3c 3%c 125 Metals class com Apr 31 31% 953 26% 26% 27% 24,579 14: 26 Jacknife 19 __ Mar 19 200 19 May 26 Vi Jan 29 Vi 30 163A 726 Jack 30% Apr Jellicoe 26 Apr Joburke 5%C 1,000 37% 145 38 38 30 13% 1234 13% 9% 93/4 425 7% Feb 12% 47 44 47 25 43% Feb 47 213A 19% Jan May Joliet Mines 37c 39c 93A 505 Ltd 5 91,600 __ __ 65c • 24c 22c 27c 6%c 6Vic 7Vic Mar 9 % May Jan Jan 70c 1 12Vic • 11 %c 24 Vic 2.40 East 1 Jan 27c May 9%c Jan 5%c Mar 8 Vic 10 %c Mar 13,200 4c 23c Mar 26,050 6.65 7.00 85,695 4.50 1,975 15c Feb 7,500 2.45 4.25 4.25 35,000 23c 24 Vac 6.90 • 13c 6c 7%c • 1 East Malartic Mines Kayrand 2.26 20 Kirkland 4.40 Feb 7.40 Apr Lake 6% Jan 18 17% 18 435 15% 36 %c Jan 18 Jan 61c 302,236 54,425 28c Feb 6lc 43c 13c 15c 8c Mar 15c 1 7Vic 6c Feb ♦ 1 _• 7c __ 22 95 19% 20 65 57c . 7 Vic 22 „ 19% 75c 25,856 12c 20 3/4 Mar 19% 34c 22 Jan 20 Mar 4.45 4.35 ' 4.50 3,050 76c 4.05 Mar • 14% 14% 14% 1,275 1 333/4 33 V4 34% 840 100 121 121 121 25 1 8c 7c 8c 16,700 5%c • 3.50 3.35 2.05 * * Dufault Fortune Gold Ford Motor class A • Ford * Motor class Fraser B Co Francoeur » Gold Cos May May Lake Lake II,570 293/4 Apr 25 142% Feb 8% Jan Lake Wasa Lake of common Mar La May Apr Lapa 54c 47c 59c 13c 14c J) preferred Larder Jan Laura Feb Lawson r Co preferred Gafcineau Power Feb 7% Jan 1.20 700 Jan 9 1.05 Mar 1.75 Apr May Jan 37% 7,915 24 Jan 41% 105 30 Mar 41 % May 30 Vi 25 29 Mar 32% Apr 1,000 530 8 Vic Jan 25% 37% May Feb 14c 29 99% 10 98 Jan 99% Mar — 94 94 95 87 Feb 94 2.75 3.00 37,630 2.25 Feb 99 99 10 91% Jan 19% _ 5% preferred 5%% preferred General 100 100 Petroleums Class 1.20 105% 10 1.30 173A 45 110% 110% — 1,20 • 165 108% 108% __ common A 19% 110 3.00 99 Products Mfg class A General Steel Wares common— • 10c Jan 15 %c 59,550 55c Mar 82c Apr Jan • Preferred Giant 100 — Yellowknife Gillies Gold Mines Little class A Groceterias Class B Glenora Gold God's Lake Goldale MacDonald Lake McMillan Apr 111 Apr Madsen Red Lake Apr Magnet Apr Malartic 1.30 Feb Jan 20 Apr 106 Mar lo 104 42,793 7,500 5c 3c 3Vic 6,500 2c Goldcrest Gold 61c Feb 1.27 35 Class B Gold Mines— I Gold Eagle Mines __ 70c 5,500 1.29 26,000 605 5.00 4.70 5.10 5,320 123/4C 11 %c 14c 45,300 1.04 1.04 1.08 9,100 May & Eastern Manitoba Sugar Leaf Maple 3 %c May 7,400 134,000 15c Feb 45,600 5c Mar 15c 6c 6Vic Marcus Arrow 57c Mar 65c 30 %c Mar 9,500 Jan 43c Goldhawk Goldora Porcupine 15c 4%c Mar May May Preferred Mines Goodfish 6%c May 5%c Jan 8c Mar McKenzie Red 38,600 2.44 Mar 3.35 Jan McLellan Preferred 5%c 6c 2,000 4 Vic Mar 6%c McMarmac 26,500 3%c Jan Apr Apr 5%c _50 52% 6%c 3c 3%c 84% 85 52 Vi 52% 93A 9% 2c 14,000 . 160 9c 3%c Mar 84% May 335 :: Graham Mac-kay class A 95 52% Mar 53% 43c Jan May 50c May 20 %c 15c 21c 76,525 5%c Feb 21c May • 12% 3,930 20,200 11 .- Class Great A West Coal __F©r. footnotes — 4 _ see page 43. „ 1.91 2,950 •; 1.80 May 2.40 Jan I,185 6.25 Feb 7.75 Apr May Apr 24% 50 4c 24 3%c 6c 5%C 6c 334c 15% 15% 1534 530 18% 18% 90 87c 83 %c 87c 1.23 7c 7c 17 Apr 19% Feb 74c Jan 89c Apr 1.15 Jan 9%c 6,500 3%c Feb 1 8%c 7c 9c 10,500 4%c Feb 47c 45c 47c 9,300 45c Jan 32% 32 32% 670 30% Mar 31% 31% 32% 310 30 21c 20 %c 24c 29c 35c 2.70 2.80 7,800 63c 54 %c 63c 52,600 8c 1 12 %c 10c 3.55 11 11 Feb 31c Mar Jan 35c Apr 9% 10% 10 3.00 3.10 48c 9,030 3.30 3.25 3.40 10,500 3c 3c 11,500 106 106 106 1,000 Jan _10c May 17c Jan Mar 23 %c Apr Mar Red Apr Mid-Continent 6%c 6c 7c 12,000 25% 26% 6,367 % 28% 28 3/4 240 14"% 14% 14% 1,177 99 98 99 55 17%c 15c 18c 5,500 62% 63 730 11 73/4 Jan 10% May 2.76 - 3lc 2.95 Feb 3.20 Jan 60c Jan 3.75 Lake Apr 16% 13% Feb 97 Jan 10c Jan 18c 603/4 Apr 67 100 Jan Feb May Jan II,600 51c J&n 60c Jan 3%c Jan ll%c 11,095 8c Feb 10c Apr Apr 12c 1,600 8c Feb 13 %c Apr 5.00 4.55 5.00 1,560 6 Jan 36,000 12c —• 4%c 3%c 434c 14% 14% 14% 45 1.35 1.55 3.500 19% 9,189 14% Jan 44 44 499 40 Jan w 20 20 85 20 Porcupine Apr 29% 39,000 18% Moneta Apr 26% 10c 44 Feb 7%c Jan Mar 27 56c 19% —— 3V2c Mar 213/4 9%c 3.45 Containers Apr 9c 12% Tool Jan 8%c Mar 28c 52c * Oils 10% Apr 8 34c • Grain..—, Corp Modern Jan Apr May 9c • Oil Modern 8% Mar 33/ic 13 %c Mar 3%c 106 55C • Model Jan Mar Apr Feb 9%c * Pacific 62 % 2c 102 May 1 Mining Apr 26,300 28 Feb 19% May 44% Apr 1,500 28c Apr Jan 1 1 Lake Mills & 6%c 21c • 8 McWattcrs Gold Mercury 599 9 6c —1 4.10 9% II,900 44 %c 80c Jan 2.11 Mar 5,355 3.10 44 %c 3.25 Mar Jan 10V4C I,655 —1 Feb 26 Apr 62c 5c 111.740 3.15 18c Jan 10c 32% May 32% May 44c 18,500 10% 10% ..' 9%c May Jan 2.33 Jacn 72,100 lie 12 %c 3.45 20c / Feb 13c 120,725 2.72 Mar 1.34 13 %c 46,800 30c Feb Jan Apr 18 10,715 7c 4c Jan Jan 15% 5,200 1.18 Feb 4c 14,000 18% 28 2%c 6,000 3%c Apr 3%c May 2,900 4c 3%c Jan * Jan Apr 7.00 Apr 10o 14% 64 3/4 c 1.80 12c • preferred Mar 6.80 13 %c • Great Lakes Paper common 113/4 May 49c 7.00 * 1,500 - 60c 62 %c 24% 2,000 17Vic ll3/4 62c 24% 18c 14c 14Vic * 93/4C Apr Jan Mar 17%c 1 2 9 3A May Apr 1.34 Jan 3c Midland * — Bousquet Grandoro Mines 18c 45c Milton Brick Gordan an Mar 28c common— Gold __ 93c 8,050 26% Porcupine 19,000 2.80 6c Jan 71,700 100 7%c * Jan Jan 39,100 __1 Segur 7c 1 common 5.30 Mar 50C .20 Preferred McDougall 2.65 1 Mining Goodyear Tire 3%c 1.44 37c 8% — —— 2-72 __ 3.95 Mar 80c 20 8%C __. — McColl-Frontenac 7%c * Mar 7c Apr 27 Vic 1 _ Feb 1.20 May 19 45c -1 ___1 _ Manitou 50c , I 34c 100 Gold Mclntyre Golden Gulden Apr 203/8 Mar 7c 3c Martin-McNeely 62c 11 %c 6%c 47c — preferred Milling Feb 36c 19,900 71% Mar 34c —1 Gold Mines Goldfields Apr 60c 15c 65c 1 Maralgo Mines 21c27%c 1 17% Mar 19% • —* A— Consol 9.20 May 73/4c Mar 6.00 Mar 33c __ 4,686 Mar 6c 23%c 19% 19 65c 1 Export class 109% Jan 17% 9.20 1 19% 1.20 —.—1 Jan 29% 8.50 • Apr 4%c Mar 1.25 1 Mines Apr 175 5%c 1 Gold Mines May 12,500 1 19% 183/4 1.00 6c __ 13c 11 %c Jan 6c 340 1 Mines Macassa Apr 225 9.20 1 Oil Jan Feb 5c 8,500 - 19% J May 7,300 1 — 19% Massey-Harris common Globe 4c 6c 43 % 208,000 * Goldfields Louvicourt Lynx Yellowknife Red 35 104 Vi 104% __ 13c 9%c 69% • ~ Lac_ Long River 1.25 1 Lake 5%C 1 Lexindin Gold Macfie 18 Vi __ 8c 9c • • Lencourt Gold Macho 34 ' 13c 1 May 1.15 __ Mar 120,300 * class A Gold Manitoba General 15c 15c —3 ________ Jones & Peb Mar 1.05 2,500 Jan Feb May 2.95 • com May 11c 3.75 May 11% 12c 123/4c 100 Jan 59c 63c 69 %c 1 MacLeod-Cockshutt Gair Feb Jan 13 %c —* Leduc-West 8 99% • Apr 67»/2C • 1 Mines Secord Leitch 155 99% 100 Exploration 8c 21c 4%c 7,020 • "U" Jan Apr 200 100 (A Frobisher 11% Apr 20c 247,682 13c 4%c Mar 13 %c _♦ common Cadillac Apr 27,150 29 4,000 —1 Milling Gold Lamaque 8 9 27 43,500 15c 1 Mines Mines Luz Jan 10 29 4,695 7%C Jan May 1 Mining Woods Apr 115 3.75 * —; 10% May 30% __ 10 32% 151 Apr * (1945) Shore Jan 37% __ Apr May 1013/4 —1 Rowan May 35 Vi • Preferred Freiman 37% 30 104 32 63/eC Apr Jan 5% jan 151 13 %C 13% 49c —1 Osu Loblaw Foundation May Feb 150 1 Mines 36% 125 1.15 1.15 16 Apr 10 __ 4.60 143/a May 32% 8% • ; 38 26 30 3/4 1 Lake Lingman 30c 32 Vic Manufacturing Apr 37% May Feb 150 1 Gold Lake 41c 25 Jan Mar 31Va 1 Lapaska Mines Fleet -:6%c 4 155 • . Ltd Labrador Mining & Exploration 4.25 May 58,796 13,500 9% 36c 250 -1 __. Apr Laguerre 13c common 32% Mar 30 9%C Lake Jan 53c common Jan 104 -1 Kirkland-Hudson Apr 30c Petroleum Jan Feb Jan Apr 1 Ltd 27 Feb 103 -1 2.65 1 Products Mar 1 Gold 28c 8 Vic l Federated Apr 15 68 Jan Gold Fittings Apr 32 293/4 ___. 2.05 Mines Fibre Jan May 1 Mining Lake Kirkland 4%c 28 103 1 (1939) Labatt (John) Federal 47% 125 Apr 15 %c 22,10o 11% 52c 366,900 1 Players Jan Apr Jan 3c 50 1 Kerr-Addison 68c Famous 35c Jan 29% 3,600 5 1 Quebec Mines 64c Fanny Farmer Candy Shops Federal Grain preferred Apr 49% May 21 25% 5,605 39c * 10 Gold 9% 1 Nickel " May 30% 255 5%C 37% 6 3/8C Mines Jaculet 9'A Falconbridge 16 13%. Apr / 2,215 29% Mining • Corp 26 14 5%c Gold Waite 27% May 20% Feb Dominion Eureka 133/4 37 V2 International Petroleum Jan 26 20% Kenville A Feb • common 20% 665 Jan preferred Jan 5/100 12 H) 122 100 11 class 2c 7,000 25 31% A Preferred 1,020 (T Jan 4l3/4 Mar 4,103 .... 1 International Nickel Co 11% Brass Feb 26c 1,200 0 Mining 11% Gold 48 3/4 165 32c 124 32 Interantional Bronze Powders 11'A Sol 40% • common preferred • Estabrooks 15% May 7,616 21,100 1 Dominion Textile common Empire Jan 44,200 100 common Acceptance Kelore Mines Ei 11% 16 Kelvinator Pen-Rey Feb 8c 10 %c * Lake Jan El 10 12c 1434c Imperial Bank' 10 Imperial Oil • Imperial Tobacco of Canada ordlnary.B 4% preferred 25 Feb Eldona Feb 7,875 12c 1 Erie Apr Elder 18 * Malartic 32 Eddy Paper class A__ 10c Jan 9%C 50 Mining Hudson Bay Mining & Smelting 22% Mines Feb 1 Mines 37 Steel 6c 16% 1 Yellowknife Hosco 33'A Jan Sullivan Jan 150 24% May Eastern Apr 76,000 Ho Leduc Jan 79c 7c 510 East 9%c Jan 17% 1,695 • Feb 58c 6%c 25 East Amphl East Crest Oil 6c 8,300 17 % 213/8 Ltd 6,500 17 % 35% Mines 8c 79c • 21 Gold Jan 7c 75c • 24% Duiama 39c Dauch 34% Duvay Gold Mines 11c Feb Hinds & 27% 2,481 30 • Woollens Jan 22c 1 Jan 23,725 173/4 27 Vi 25 Mines 6c 23,300 1 24Vi Donalda 3,000 38c Gold Mines Apr 25% 17% 27'A __ 50 common 11c 28c May 10c 8% • Chemical Jan 10%c 31 %c Highland-Bell Hlghridge Mining * Dominion Tar & Apr 30c 10 Jan 27c 21V2 71/4 • Dominion Steel & Coal class B Dominion Stores Feb ll3/4 150 Apr 30c 35 preferred l%c 440 5,071 Huron 21% 10 Dominion Dairies preferred Dominion Foundry & Steel 9,500 14 15% 40c Hugh 2 . Dome Mines Ltd 3c 15 38c Jan • Yellowknife Seagrams 3c 13% 1 Preferred Discovery Distillers 3c 38c Apr 1.40 1 Ltd Lake May —1 165 1 Producers Detta Red Mines Hoyle _1 Mines Apr 5 %c May 103% May 1 Ltd 19% Apr 9c Homer 7c 65c ♦ A__ Feb 33/tc 13% • Hollinger Consol • class B 17% 3,500 Mar Home Feb 19c 22c 2,050 5c Jan • Leather Class • 19% 5%c I,545 Apr Mar i53/4 __ 19 43/ic Apr 4c 19%c 19%c __ 7%c 1 > 90c 1.07 Mar Pershing Jan 72c 160% Jan Nest Coal— Feb 45,378 Heva 55c 279 __ 4%c 9c Apr 4,000 16,640 19c 19,500 10% May 14,840 165 1 6%c Feb 7c 12c 6c 1.37 • 6c Apr Apr 43c Apr 10 Hedley 64c 164 common 22c 7c 10 Heath 8c __ Jan Apr 12c 8%c Jan 100 % 103 % __ 16c 13%c 1 34c Feb 60c 1.22 1 Jan 3,550 • Jan 8 Feb 1.25 .• 35,500 • Gold Industrial Davis _ Gold Headway 1.15 Feb 51c 1643/4 Mills 32,200 14c 21c Harricana Jan 5c __ 20c %c Apr 60c 5c __ 12c 12c 17 Harding Carpets 1.50 Feb __ • . Mining Davies _ Gold 6Vic Jan 1.03 __ __100 — 19c , 163/4 103'A Crestaurum Mines Crows' 9 5 Exploration Bit 65 2.35 Feb ___1 _ Consolidated Croinor 9% Feb 1.15 2 Consolidated Duquesne Craig 9% 2.01 3Vic • Consolidated Imperial Hamilton Bridge Hamilton Cotton Jan 36 %c Mar 5,150 1,850 1 Cournor Halliwell 76c 80,000 125,576 * 4,500 1 Cosmos 43/8c Apr 4c 76c 2.20 6c Astoria Conwest Alabastlne & 2 Vic 3c 1.50 • _. 4% May : Mar Mar 5c Ansley Consumers Gas Swayze 9 16 1.40 1 Mines Lime Halcrow 7% May 5c Consolidated Del Gold 143/4 May 1.50 Consolidated Jan 5c Lake 25 • ; 4% 19% Gwillim 1100 1 Commonwealth Petroleum 50 1 Mines, Hasaga Gold Colomac Yellowknife 4.75 • Jan Lead Gunnar Gold 7% 60c * 4.75 ____i 1.16 Jan Mar 143/4 2.10 __ • common A Conduits 66 %c 1 4.75 6%C 21c 143/4 3%c • ll3/4 Mar 1 Apr 7% 1 —_ Cochenour Willans Apr 13 %c 4%c Jan Saddlery Gypsum Coastal Oils 93/4 18 %c Apr __ 5 1 80c • 934 1 Feb * 93/4 Gulf ll%c common Jan 93/4 1.78 1.00 4,500 __ Jan 6 7%c Mar 42,20o Knitting 6% 5% May ♦ 25,000 A 5% May 50 Greening Wire Guayana Mines 7c Bar 50 5% Great 1.25 High 5% 57/a" ■ Feb 18c 19%c Low 5% 5% Preferred West Range Since January 1 High 5% Apr 1.05 Class ♦ 7% 5%c Circle „. 1.37 19c Citralam Low Par * _ Jan 1.15 80c 'Vv common May 63/4c 80c ■ Shares 7 1 __ ■ for Week 72c 1 ; Apr West Felt Sales Range of Prices //;';/• Vo/., /::yV- /:/. Great Week's Last Sale Price High Jan 1 Chromium 5 STOCKS Chesterville Mines MAX Range Since January 1 Cheskirk Mines Chimo Gold MARKETS ENDED for Week of Prices WEEK Sales Last Sale Price STOCKS LISTED FOR A__— Jan 14% Apr 1.10 Jan 4%c May 16% Jan 1.55 May Feb .12 12% 1,975 11% Apr 13% 51c 5,200 37c Feb 51c 18 Jan 20 35c 19% 485 5% * Works 1 Apr 3c 47c —1 : class 4.55 5% 200 33C 36c 5,050 16% 3 33c Feb May May Apr 5% May 41c Apr 41 42 (1922) The Commercial and Financial Chronicle CANADIAN RANGE Week'a Friday STOCKS Moore Corp Preferred __ Mosher Long Lac National <fc Grocers Nationai Preferred National 26% Apr 985 75 Feb 78 400 26% Jan 27% Mar 36c 36c 40c 35,400 10 %C 12c 23,500 32 32 35 11% 12 805 12 11 12 1,170 pfd..._ • j__ Sllverw'd Western Dairy Feb 15c Apr Class Apr 37 Jan 10% Mar 12 May 10% Apr 12 Vi Jan 28% 28% 45 27% Mar 28% 21% 25 21% May 22% Jan 21 22 1,275 21 23% Apr • .. — Sewer • Petroleum National National Steel class May 100 22% 1.70 24c Mar 40% 1.99 May Feb 42% Feb 223/4 1,715 1.65 1.71 16,250 1.41 Feb 1.84 Bladen 103 103 5 101% Jan 103% Feb —1 preferred Alger New Bidlamaque 10c 10c 500 7%c Mar 11 Vic 5c 5c 1 5c 19% Slater (N) 95c Mar 1.32 Jan Mar 1.10 1.30 1 1.07 1.05 1.20 85,379 66c 43c 47c 47,400 31c Jan 49 %c Apr 38c 40c 15,869 35c Feb 50c Newlund Mines Marlon 1.40 Gold New Pacalta 7c L Rouyn New Merger Nicholson 12,000 5%c Mar 27c May 38 %c May 7,344 3c Feb 5%c Apr 5Vic 4%C 12,500 3c 9c 10 Vie 81,425 7 Vic 6c 10 %c Apr Apr Jan 11c 12 Vic 19,250 4c Feb 15 Vic 19 Vic 94,375 9c Jan 8c • 5 Vic 9c 74,500 75c 169,950 1,100 13c Apr 19 Vic May 9c May 2%c Jan 67c 67c Nipissing Mines • 1.05 1.12 Noranda Mines • 69% 69% 70% 4,658 1 14c 12 %c 14c 3,000 4c 4c 500 3c Jan 5c Apr 51c 55c 31,350 50c Apr 74c Apr Nordon Corp — Norgold Mines — 1 — Norlartic Mines 1 Normetal Mining • Norpick North Gold Mines.. 3.10 Oakville Gold 12,000 9c 500 6,500 2.46 Mar 4c 10c 12c 7%c 9c 27,700 9% 9% 93/4 300 • 53/4 1 6% 2.08 25,035 24c 30c 13,700 1.72 1.80 6,800 — — • O'Leary Malartic Gold * 1.75 19 %c 19c • ... 6% Apr Apr Apr 2.24 Jan 12,600 17c Feb 23c Mar 2%c Jan 13c Apr 3%c Feb 8c Jan 43Ac 26,500 130 5 128 Jan 6% 10c 12c 9,000 8c 1.20 1 Feb 30c 1.60 Mar 63/4c 1.09 1.23 9,500 65,750 21c 24c 96,400 130% 4%c Mar — 105 5% Jan 8%c Jan 5%c Apr 7% 10%c Jan Mines (Eastern) —X 6c 6%c Starratt Petroleum —1 •5.85 5.75 6.00 • 46 453/8 46 f 50,955 : Page Pan Parbec • Ltd 1 _ Oil Mines is • -1. ■ of Co Sudbury Consol Oil Gold Mines Sylvanlte Taku Gold Tip Toronto St 2c Jan 26c May 46c Feb 63c Jan 16c Feb 21c Feb ll%c 27 50 11 Vic 13 Vic 32,266 Class B Lawrence Lawrence San Antonio Sannorm series A 27 > B Jan 35c May 7Vic Apr Villbona 5c Apr 3%c Apr Vulcan 34c 29 May 15c Apr 12% Jan 42% Mar 90c 90c 600 85c Mar 1.10 Feb 85c 750 76c Jan 1.05 Feb 12% 55 25 20% • 5.15 t_„ Waite Amulet Walker Breweries West Weston (George) 6% 110 6% May 2.05 Mar 8% Feb Winnipeg Mar 18% Jan 23% 40c Apr 97c 9 * May 10 34c Mar 43c 2.03 Mar 4c 2.55 2.50 Mar 3.00 Yale & Lead 28 Apr 29 50 190 44 Jan 52 340 Feb 11% Apr 9% 30 14 Vic 15 %c 37,658 7c Jan 3,700 7c Mar 12% Feb 15 Vi May 16%c Apr 14c Jan Jan 29c 43c 28% 960 12% 13% 7,830 8.85 Feb 97/eC 9%c 10 %c 170,836 9%c Apr 18 Vic Jan 25c Feb 49c 27 Feb 28% May 15% Apr 3,000 8c 9c 4,000 9%c 10%c 15,500 6c 8/J 3,500 4c 5%c 7%c 28,700 4c British Columbia Co • 38% 38 39 3,125 33% 6c 4,500 3%c Feb Bulolo Pulp 6c Canada and Canadian 6c Apr 12c Jan 21% May 43% May Apr Mar 15% Jan Feb 2.27 Jan 15 15 20 2.10 5,401 24c 24c 25c 25,100 22c Apr 30c Jan 25c Apr 13 2.06 22c 21c 25c 11,000 17c Feb 1.27 1.16 1.33 126,338 75c Jan 1.33 Apr 1.75 1.75 1,786 Apr 2% Jan * 1.00 280 27 Jan 17% 150 14 Jan 17% 57% 57% 627 15 Vi Jan 57% May 3.40 3.55 7,171 3.40 Apr 4.05 Apr Jan 9c 25,000 5c Feb 9c May 26C 27%C 22,800 25c Feb 32c Jan Feb 25% 47 Apr 48% 10c Feb 34c Jan Jan 1.91 20 Disher Western Foothills 100 22% 595 22 Mar 45 47 100 39 Jan 21% 24% 340 4.85 3,495 110 135 4.55 4.35 4.65 20,895 60% 60% 62 1,055 57 Jan • 23% 23% 24 % 12,644 17% Jan 42c 49 %c 57,089 32c Mar 24 Mar 49%c May 24% Feb Jan 46 % May 48c 24% * 1 f 31% 7% i Utilities Minnesota & Ontario Paper Pend Oreille' 21——-—i———it'?•;;; 21c 20 %c 23c 13,300 20c Mar 80c 71c 80c 59,000 48c Jan Price 38c Jan Southmount 91c Mar Bros —2.—— •' Apr 24% May 4.10 Jan v Apr Feb 36 % Mar 37% Jan 48% May Feb 23% 23 2,500 19% 20% 3,400 17% Jan 27% - • . * : 27^4 Apr 20% May 27% May 27% May 100 25 4%c- 2.500 3%c Feb 5.60 5.75 2,185 21% 19% Mar 3%c 21 > 80 53c 2— 63 27 220 4,390 4.65 May Jan 22 80% Investment Southwest Petroleum 2-2 48% Apr Apr 19% . *■■ - • 5% 113% 22% — — 3.15 2,300 33 Apr Jan ' • common- 40% Feb Jan 19% 5 _w_5 Brewery Jan 46 % 48 3% 25 3.85 • 2% 89 670 46%. 3.70 • common 24% 46 46% • Apr 8.85 25 Feb Mar 108 22*. ' 48 4.00 Ogilvie Flour Apr 22 3/4 23% Oil Jan , 108 Apr 7.75 Apr Jan • i — 9.75 Apr 4.25 Lumber OU Selections Apr 106% May 1 • International 8.05 4% Feb Jan 24 % preferred Paper 3% 92 • . Bridge International 101 Mar 22 % Jan 19% 82 100 Apr 115 678 8.25 1.20 200 9,051 8.25 2.65 7.85 25 4.70 29% May Jan 8.25 common Hayes Steel Molson's 100 4.25 102% 106 % 24% 22 % Westinghouse Paper Steel High Low 175 4.60 • com Vickers Dominion Range Since January 1 High 29% 29 105% 22% 21% Shares Low Jan 7.70 for Week __ Jan 21% Sales Range Par - 1.05 Mar May Week'a of Piices Sugar Dalhousie Oil Canadian Canadian 23% Exchange-Curb Section & Paper—«__» Consolidated May 43% 1 Apr 2.06 Last Morse 12% 910 6c 15 , Dominion Fairbanks 7,200 47,739 42 2.09 5 1,100 22 Apr 1 Gold 21% 2.46 Apr 8c 7 % c May • 1 Canadian 2.31 Apr Mar 13c 8%c Mar 100 Canadian Industries Canadian Marconi 21% 102 1 — Feb 2.35 Feb Apr 27% Jan 5%C common Preferred Jan 21% 16% Mar _• 19% 1 Apr Apr May 35 Jan 7%C , 4%c ~S_* Apr 31% Mar Feb Asbestos Corp Jan 1.20 90 26 Friday Jan 1.12 205 Sale Price 3c 1.20 15% 33% 33c 49 Canadian Funds 17% 50c 15 33% 60 Feb 14% 88,200 Jan 7c 75 33c 15 STOCKS 2,850 150 58 26c — Toronto Stock 9,000 278,850 7 2,600 57 31c Feb Knitting class B> 12C 34c Apr 9c 99% Mines 19% 47% Apr 1 Bear 37/8c 29c Jan 9c Jan 6c 23% Mines 9c 47% 9.50 46 % Mar 7.90 Feb 36 75 — 19% 43 % 1 4,210 8c 4%c Mar 2,035 45 665 . 3%c 57% _ page 43. 9.00 8c Mar 27% 47'A Mar _1_5 Brown 30 %c 40c 27% Apr 11% i Jan 101 101 % Zinc Mar 115 .50 20c 8.80 Jan 5c Jan 770 3,000 43% Apr 2%c 24% Feb 33c 8c Jan 7c Feb 15% 24% 41c Apr 41c 26c Mar 44 1 Mar 12% 24% 25c Jan 1,000 6c 5,500 Feb 14,900 / 14 %e May 30c 8.90 27 Wool Combing 27% 9C „ Jan 10c common 20 common. Feb 2c 8c Electric Jan Mar 9 . Apr 5.80 Mar 101 Winora Gold 40c 40c : Jan 4,123 1 Gold Apr Mar 9 43% 7.05 12c May 1.45 May 10c 36c 19% 6.75 6%c » Wright-Hargreaves i 6.40 1 6% 42,750 Apr 14,900 5 A .— 60c 8c Jan 4.20 i##.,t*_l00 6%c Mar 7%c 7% Feb 914,900 common 8,225 14 Vic Feb 2.91 34 Jan 8%c 14 %c 1 —— Preferred 5,000 Jan 3.45 see class 1.45 15% 6% 54,775 • Breweries Grocers 9 %c 11 725 3.45 57 9c 49% 7% 3.20 5.50 May 3.50 Mar 19c 7%C IOV4C Products 1.30 11 % 58,450 —1 1.40 28% Jan 40,100 34c 1 W)—^ Malartic Wingait 28 Vi 22% 2,885 5.30 7% Winchester Larder i Mines For footnotes & U,— Apr 500 May 20% 54 Vi May i Voting trust certificates Sigma Mines (Quebec) 811anco Mining Miller (G Consol Apr 2,050 20 Apr 20 • (Hiram) 18% 4c 55% Mar 30c 21% 2.60 Jan 14 %c 4.95 Oils Jan 2.50 29% May 52 185 Jan 28c Jan 3%c 55 Jan 26 %c Mines 12% 2.50 54 Jan 11c 595 10c 15% 1,000 29% 19% Mar 14% 26 1,325 22,100 28%. 3.20 1 _ 17% 11c 14 %c 17% 6.60 325 6,000 Jan 13 %c 1,105 5c 26% 30c Gold 1.93 2.50 Apr preferre^s^--50 Ventures Ltd 18% 2.45 Apr 32 29% .• 18 4%c May Feb 14 %c Mines 1.80 5c 9c 50c 32% Jan * -* 1.90 2.50 25% Apr Hill 20 15c Feb May Apr i 17% 19% 3,500 175 __^r—-A 20 17c 10% Jan 40c Wiltsey-Coghlan 17c 12% 9% May 167 Feb Western 68c 3,555 30c 21 15c Western Canada Jan 4,100 54% 1,000 315 175 6,300 Feb 3c 70c 52 35c 10 174 Mar 68c 35c 9% Jan 17% Sherritt Gordon Silver __ „ 40c preferred Vlolamac 54 35c May 1.39 May 30c Mining Feb 70c 6,525 Mar 29c Apr May 7%c Jan 1.71 45c Jan 1.01 30c Apr 13,000 May 12 %c 30,225 —• 7c 6c 35c 113,300 62c 82c 5 Vic 950 29c 1.39 Mar Western Ashley Minerals 5%c 35c 24c 45c Westeel ■» Shawkey (1945) Mines Sheep Creek Gold flicks' 35c 1.12 65 Apr 73c preferred 19% Mar 23,450 1.95 May com 13 %c May Feb 31 3.70 Mines Feb 17 60c 1.70 May ——4 3.65 Apr Apr 31 3.00 Mar preferred 6c 7% Feb 2.92 345 19 Feb Jan 31 Feb 6 55c Trans vision-Television 7c • 2nd 15,615 60,200 28% Mar 55c 9,475 Gold 3.30 27c * 36,450 common. Paper Jan • 1.78 \ Corp 3.00 8%c 13%c * Resources 3.45 _* Benator Rouyn Ltd. Shawinlgan Water & Power 4% : — 3.25 • 1.66 14 %c 1.33 • A 1.70 i 4. 1,620 18% — 100 common 3.45 l _ Feb May 1.45 10c 245 7 3.15 11 Vic • i-i'- 1.75 1 ; 31 7 1 -ijZ. class Transcontinental * common 31 6% — —1 Steel 6,500 ;i __ 7,125 25,000 Apr May May 1,339 Upper Canada 3%c _____________* Industries 1.49 10c 13Vic 1.45 3.30 52c 15 %C 32 United 3c _« 1st preferred ; 2nd preferred St 10c Feb 31% 21,100 Russell Jan 32 Finance 51c Ryanor Mining Mar 3c 2.31 • Traders Feb 26c 28 Vic 1,000 "to 40c 22,035 12% May 42c " 32,300 118,000 Mar Feb Feb 1 Eiank 52c 24c 4,950 Royalite OilRoybar Chibougamau Rupununi Mines 2.90 48c 36,000 1.58 3c 16c • 2.75 12%c 15%c 32c Apr Co Apr 28c 21% Oils 5c Jan 28c 47% 500 56c i May 3c 5.50 1 21 Lac 3c 3c 1.45 • Petroleums 21 Long Jan 1,000 3.60 May Tower .• Rochette Gold 25c 12% May Jan 4%c 16c ♦ Apr 10%c May Feb 4.00 May Mar York common 20c 2.25 Mar Yellorex common 6,800 5 %c Mar 7c Yellowknife — 110 11 Jan Mfg 66,600 10% Mar Jan Robinson Little 36,000 4.00 22c24%c 13c 1 Apr 615 1.03 _ May 495 1.74 A May 24 3.60 49C * 24 Feb 4.00 2.85 1 17% Mar 3.20 __ 1 16% Jan 20 20% 8Vic 10Vic 22c 1 : 4,000 20%c Royal — 560 9c Feb Roxana 3.55 - Apr Mar 12% Mar class Apr 75c 8c 75c Roche 10Vic __ Mar 12% 95c Silk 63c 6% 9c 4,100 -i„__ Apr 35% ... 1 149,188 Gold 2,000 - • 84c __ 65c - A 1.58 Mines Apr 18 Towagmac Exploration '4 Class 80c A Works Iron Toronto 1.39 ... 64c 525 1 -J*. Elevators 1.44 Regcourt 95 Feb 2,680 - * Toronto General Trusts 1 . 4% 24 _ Jan 4%c l MacDonald Apr ■;xr j A__. 10% Jan 350 24 JL 1.23 3c 1 Ltd.. 27% 5% - * Oils 17c 10 Ltd 85 5% 17% -- Gold Keno 3%c Mar 43,000 1,900 l 33 -5% 1 Gold Quebec Manitou Class Mines • j Quebec Labrador class Jan 17% Tailors Top Queenston Gold Milk Apr 63 %c Mar Jan 13% • 1 1 — Reef Petroleums 86 • United 2,500 i Quesabe Mines 45 1,755 iv.;33 • 44% 620 56c • Mining 95 17% 22% Ltd common safest— Pearson common— Teck-Hughes Gold Mines Thompson-Lundmark United 85c - Gold Riverside 95 13c 8% Jan 21% Tamblyn Apr 302,550 1 common.. Mar May 16% - 23% Taylor, Mar 6c certificates Prospectors Airways Purdy Mica Mines ——^ 38 22 9% ' 21% —. 7c l Gold trust Robertson Mar 10 River 6.35 • Reef Purity Flour Mills Reno 51c 1,115 53c __ Feb Feb 9% 50c Feb 35c 3c __1 Metals Renable 5,848 10 — • ._ i Preston East Dome__ Reeves 55c i • — Corp Quinte Mar 37 25 Mines 4.20 6c 27 Powell Rouyn Gold common Quemont 10c —f- common — May 25c 4 V2C 1 River Quebec 20% 2,500 Superior Oils Ltd Wekusko Oil Pressed 235 12c r 24c 5,100 * Gas & Porcupine Peninsular Power 32% 22 12c Union Gas 11,433 1 Crow Voting 70 21% — 65c =. United Corp class B United Fuel class A 7c 1 Engravers Picadilly Petroleum Powell 36% 21% % Surf Inlet Union 1.35 Photo Porcupine 36% - 2 Canada Contact Feb 5c , Polaris May 16% Steeloy Mining Steep Rock Iron Mines.— Stovel Press preferred —Sturgeon River Gold— Apr 1.30 i Gold Pickle 96c :± Preferred Apr 1.30 1.34 1 ____ Malartic Paymaster Petrol Jan Feb 6 3/4 C 1 Malartic Perron 67c Vicour Paramaque Partanen 94,050 _—• Gold Bros Steel 8c 33c Cadillac Western 96c ir Oisen 15c Feb 1.00 Mar 1,500 Pacific Pandora Jan 90c • Standard Radio class A Class Pacific Hershey Tubes Pamour Porcupine Mines Apr 27 93c * Torbrit Silver Mines 2.33 Jan 6% — Oslsko Lake Mines Osulake Jan 30% May • Preferred Apr 11% 5% May 11c _ 1 Lake 100% 43c 100 Tombill 9%c Jan 1.79 Mar 20c 8c . Orenada Gold Red Apr 26% Mar Apr Paving common 12c Jan ■ Orlac Mar 98 30c 20 Preferred Standard Toburn 64,600 4c • Orange Crush 24 335 37,200 common Apr 20c 130 50 _ 695 98% 43c — Apr 9c 10 %c 10%c Omnltrans Exploration 7c 1,410 1.90 2.05 • __ __ Mines Chemical 14c 9% May Specialties. Loan 875 25% 34c _—— 6%c 6%c Feb * Oils Mar 3.10 May Feb 8c Mines Jan Feb 19c 6%c Feb 11c Okalta Ontario 30% 25 Apr 1.18 71 12%c May 34,175 53/4C 9c 79c Jan 1 Ogama-Rockland Omega 3.10 5c 9c Jan 1.00 Mar 66% common Wood O'Brien 2.90 — — 40c —1 Mines North Star Oil Jan May ' _._1 North Inca Gold Northland 52c 1 Denison 99 98% 98% * Sullivan Cons 12c 19c 1 Mines 9 Vic Mar Jan 1 — 1.47 May Apr 1 Yellowknife Nib 43c 78,850 4c 10c Thurbois 646,475 7c 4 Vic 4%c _ — 1.47 27c 38 Vic 5%c Oils New 6 Vic 27c _. —— Norzone New 1.16 1—. Mines Gold Co common Stadacona Jan Norseman Jan 42c Co Stedman 43c 39c New 92 Apr 1.20 New Jason Newnorth 29 7% 6% Mar 65 Jan 10 —-1 Brazeau Standard Apr Mar New Goldvue New 99 ( High Jan 1 Malartic Southam 23% Mar 7c 1.30 .. Jan Feb 3c —1 New Dickenson Mines 9% 36 I ' 3,000 27,750 _ Mines 577 Apr .100 . • Calumet 259,775 45 22% • New New 1.99 45 _ .. Car (Wm) 1.30 45 * A. Mines Negus Neilson 1.40 — Pipe 29% —100 7% 99 ——25 Gold South National ——* B Low 10 7% 99 Range Since January 1 High 9% __ preferred__100 Simpson's Ltd class A Blscoe Low 10 Apr 21% Shares —• Preferred 57 %c Mar for Week £££t'—• Jan 21% * A class A B 6c 28% class __ Class Dairies 16c 32 Range of Prices Par Sllverwood Jar 11 %C • -- B 26% 26% 22 % _1 - common Hosiery Class 78 Apr Sales Week's Last Sale Price High. 19% —I — common Chemical Drug 76 r STOCKS Low 3,745 11% — Mines Breweries National > 21 20 78 25 — 5 Range Since January 1 High 20% • common Mylamaque Low • MAY for Week Shares Monday, May 8,1950 . MARKETS ENDED Friday Range of Pricea Par Locomotive WEEK Sales Last Sale Price Montreal LISTED FOR .. 53c 42c 42c -r 21 82 Vi ? 53c 42c 73 1,000 Apr 4%c Mag 6.00 Jan 63% Jan 82 % May 41c; Feb 53c May 30c 42c May 5.05 Mar. 400 ■ r • Mar . Volume 171 Number 4905 The Commercial and Financial Chronicle .. . ' . , ■'■■■ !■ • - ■> (1923) 43 OVER-THE-COUNTER SECURITIES Quotations Aeronautical Par Securities Holding Corp Axe-Houghton Ask 1 6.29 6.90 4.37 Fund Fund „io 35% l 37% 3.97 8.53 9.22 _5 15.79 (Net Asset Value) 1 6%, Inv Boston Tr Fund 1 Inc 2% • America of 99.52 Automobile 21.87 9.31 Broad Street Invest Corp_—5 Fund Ltd 1 17.70 19.14 20.48 22.43 Mass Century Shares Trust Chemical 1 Christiana Securities 39.66 _1 Fund 36.89 16.84 18.21 100 4.760 com Preferred 100 Commonwealth Investment Eaton 6.50 20% 16.38 1.61 1.77 Mass Bond Balanced Fund;, Stock 1 Fund Equity Fund Inc Fidelity Fund Inc 28.12 18.99 20c 4.21 28.45 2.31 First Boston Corp__ First Mutual Trust Fund __10 30'A 1 Franklin Custodian Funds Inc— Preferred stock Common series lc 6.10 6.68 series stock lc 5.45 5.97 2 16.08 4.78 31.77 14.03 15.17 14.18 15.41 1 15.32 16.94 1 14.38 15.44 l 10.26 11.09 Fund series J 6.85 7.49 l 6.49 Gas Industries General Fund Capital Inc Inc 1 Group 17.06 1 6.71 55.27 1 4.39 5.16 3.06 Series Automobile shares 6.85 16.36 17.59 6.85 Building 8.20 Chemical shares lc 7.10 5.08 lc General bond shares <__lc Industrial Machinery shares lc Institutional bond shares lc 7.78 9.01 lc 6.20 Merchandising shares lc 8.32 lc 5.11 5.61 __lc shares shares 8.27 2.54 3.68 4.05 Steel __lc 4.87 5.48 6.01 lc 4.49 4.93 lc 6.25 6.83 shares Tobacco shares Utility shares Plan Fund Inc _1 Income Foundation Fund 4.65 5.03 10c 1.83 1.99 5 24.49 26.48 Group shares—;._lc Bank Group shares lc Insurance Group shares lc 9.97 10.93 Incorporated Investors Institutional Shares Ltd— Aviation 80c 89c 1.08 1.19 lc 12.83 14.06 1 10.43 Investment Trust Boston of Investors Management Fund 8.94 9.80 Keystone B1 Custodian (Investment B-2 1 B-4 (Speculative K-l 1 K-2 S-l 27.49 28.76 1 23.81 25.97 1 (Income pfd Stocks) S-2 16.04 17.42 19.01 Funds—• Bonds) (Medium Grade Bds) (Low Priced Bonds) B-3 15.69 Bonds) ____1 10.10 11.03 1 16.25 Appreciation pfd Stks)_l (Quality common Stks)_l 23.96 • S-3 (Appreciation S-4 (Low Priced Knickerbocker Lexington 33.80 15.44 16.84 Stks)_l Stks)__l 13.22 14.43 5.30 5.79 1 5.14 com Fund Fund Trust 25c 2.50 Dated Due 1.35% 9- 1-49 10- 3-49 11- 1-49 Surety_____lO 96V2 Agricultural Bid American Alliance Bid Ask 1-50 11- 1-50 bl.35 1.25% bl.35 1.15% 1.30% 5- 1-50 11- 1-60 bl.35 1.25% bl.35 1.15% 1.30% 3- 1-50 12-1-50 bl.40 1.25% American Automobile i 1.30% 4- 3-50 1- 2-51 bl.40 1.35% 5- 1-50 2- bl.40 1.25% 1 X13.38 xlO.82 11.48 x4.43 4.85 xll.35 12.44 xlO.39 11.39 1 X12.49 13.69 1 xl2.84 14.07 1 x9.80 10.74 1 xll.01 12.07 equipment < stock United States Treasury Bills Bid May May June 29, 1.08% July 6, bl.18 1.08% July 13, 1950 bl.18 bl.18 1.08% 1950____^_i___._^_ bl.18 1.08% July July 20, bl.18 1.14% 27, 1950— bl.18 bl.18 1.10% 1.14% bl.18 bl.18 1.12% 1.14% X8.88 9.73 May X17.60 19.29 June xll.19 1, 1 12.26 June 8, 1 X8.70 9.53 June 15, is 50 1 x5.65 6.19 June 22, 1950 X6.22 X8.65 xlO.83 ■ ■ 3% 24Vt 25% 5 15 1 16.17 17.39 1 2.60 2.84 value)_• 53.34 Selected Amer Shares 2% Shareholders Trust of Boston__l Sovereign Investors 1 11.63 12.58 21.51 22.81 Putnam (Geo) Republic Fund Investors Fund Fund State Inc (net Street Television Investment Fund Trusteed Union asset Series Par New 6.23 6.82 12.27 59.00 13.37 76c 85c 1 1 B C 1 the of New Manhattan Co__10 20.24 7.72 1 10.39 Wall Street Investing Corp Wellington Fund 1 11.05 11.27 1 18.45 20.13 1 17.40 18.71 1 3.71 4.03 11.29 7.75 8.90 2.29 2.60 Amer Trust Shares— 4.22 1 2.45 50 Brooklyn Trust 100 Central Hanover Bank & Trust 20 Chase National Bank 15 Chemical Bank & Trust 10 140 145 First 102% 105% Harris Trust Co __ __ American *.__5 Equitable Assur__. & Trust_20 52 $2.10 common & Massachusetts Bonding 5 30% 32% 5 31% 33% 4 8% 9% Fire Assurance Merchants & Mfrs National Casualty National Fire _25 59% 61% National Union 10 61% 64% New 16% 18% (Detroit)__10 100 311 « Kings County~Suet~;:;:~100 1,510 Lawyers Trust 25 41% & Co Inc P) Co Inc 62 New York 23 24% North 76 79 10 73% 76% Northeastern 35% 31% __10 63 Federal —10 70 48% 96 Bank & Trust_17% 42 Ins Co 40 Fire Assn Mreman's of Phila___. Fund of 74 % 10 65 6? 66% ____10 Frisco____10 87% 5 22% General Reinsurance Corp 10 'Glens Falls —__—5 29% 31% 51 % 53% of Newark-,. Globe .uJ L_15 Fire Hartford Fire Hartford _10 - - - Accident Reinsurance Corp Republic (Texas) 1029b Associated Tel 2%s 1979 102 103 Bell Telephone of Pa 3s 1974 105% 108 Boston Edison Oregon 2%s Seaboard Surety Paul Fire & Power 1980 2%s__1979 102% ^5 102 37 39 —12% 90 94 20 66 ° , *frst National Bank United States Natl Bank „ „ San Francisco Bank of Amer N T & 8 A— New common 6.25 28% 30% Far Stocks (Continued)— Delaware > 105 102% 1980 100% 100% Gas Service 27% Illinois Power 2%s Co Power 2%s Co 2%s Bid Ask *8% ««%: —46% 76 66 18% Indianapolis Pwr & Lt 2%s_1979 103% Niagara Mohawk Pow 2%s_1980 k__ 104 105 5% 35% 7% 33% 12% 96% 10 8% 56% 100% Tenn Gas Transmission 3s__1969 102 % Security (New Haven) Springfield Fife & Marine 10 34% 36% 10 45 106 50 53 pfd 4%% pfd_30 36% 104 20 19% 1949)___100 106% 108 53% 37% 105 "20% Elec & Gas— pfd (series 108 Pacific Gas & Elec Co— $4.80 redeemable 1st pfd—25 Penn Pwr & Lgt 4%% pfd__100 108 109% 106 108 105% 107 28% 28% Rochester Par Central Hudson 4.75% Gas & & Pwr Ask 107 4%% 106% • 55% 56% $4.65 • pfd 53% 53% 4.60% Tenn 100 ; preferred Island 4.90% _100 $2.20 Elec— Diego Gas & Elec— Staten Elec preferred Lt Bid 105% & $4.75 preferred series G San Blackstone Valley Gas & Elec— $4.25 preferred 100 Gas v: 20 21% ..100 21% Edison— preferred 106% 108 -100 107% 108 _100 107% Gas Transmission- preferred * 47 10 N Y State 103% Stocks— Conn Standard 100 3.90c 104 79 47a Electric — Public Serv of Indiana 3s__1979 | Light— Pub Serv of Okla 4.65% pfd_100 120 7% & preferred Hartford 103 20% 257/a 47 Power Maine Pub Serv $5.50 pfd 1969 18% 4.28% 103 1979 * 104% 44% __2 20 U C Kentucky Utilities $4.75 pfd-100 102% .10 305 N£fl0ni" 61 v^riinnA 101% __10 ._; 295 102% 103% 33% Marine Farmers Deposit Natl Bank„100 Mellon Natl Bank s Tnut__100 Iowa Southern Utll 5%% 102 —5 (N Y) 38% Ask 102% 103 14' ,96%' 31% Accident 37% 34% —• 36 $2.04 a Travelers _____100 479 Fidelity & Guaranty Co__2 U S Fire U. S. ' ___. Guarantee Westchester Fire _2 (not included in year's range). b Bid yield price, d Deferred delivery sales (not year's range), e Ex-interest. IFlat price, k Admitted to listing on N. Y. Stock Ex¬ Admitted to trading N. Y. Curb.- rCash sales (not included in year's range). ,tEx- included in change. n 66% 4 _1Q _ * 69% liquidating dividend. 80%, 84% 22% Issued, 21- •.„• preferred Odd lot sale 493 ; 59 " 55 S ; preferred 39% 100% 10 114% 118% Steambmi5r; _LJ____lo :r 37 %TS 39 '? 1980 101% 16% 29%' ... Appalachian Elec 27/a s 1985 —5 ._ 37 Pittsburgh Security Issues Bid 1984 Providence-Washington U Hanover Recent Detroit Edison 2%s 15 American* 8% Conn Lgt St Power 2%s • .__ 10 National Bank of Detroit 93 63 141 Phoenix 38 y 670 40 13 & Republic -L-i 5 & Rutgers Fire'eommon_5 2nd preferred *1 Great 7"% 640 38 Pacific St Globe 90 12 100 Bonds— 33% 69 90% 23% Bremen's 25 Trust 38 3.33% Indemnity Co_ Peerless Casualty Co 36,/a 370 1 44 & 33 M 355 n.i_u 277 36 12.50 Preferred Fidelity & Deposit of Md___ 271 93 Trust 31% Matlonal clty Bank 60 Central Maine Power 2%s__1979 Pacific Fire 38 43% 61 37% ___• 1,560 46% States 2.50 Northern Employees Group Assoc Employers Reinsurance III 25 Guarantee 5 River 10 10 320 100 _____ 20 100 „ 10 Fire Trust 35% 58 12% Trust Nat'l Calif 113 59 ______ 23% 2o City Bank 630 Co 1,345 Duke Hampshire Fire 108 5 Forster 33 % 5 Casualty 25 jConnecticut General Life 22 X?vdlU»fT™rk °' Commerce-:!! Morgan 605 , Cleveland 38 100 1,285 Trust 100 m 110 10 Trust National Bank (J 65* 36 2 Fire Amsterdam _10 Fire 63* 107 10 New & 26 Merchant 33% Crum 53% 24% 19 21% ^Continental Casualty 51 27 31% Camden 20 25 " 20% _____— : 7% 10 Trust Fiduciary National ,, 350 Cleveland 56% 50 111% 18% preferred 10 $1.05 Convertible preferred__5 10 ^Bankers Si ShippersBoston 1 Prior American Re-Insurance American Surety 54% 16 55 17 V2 5 Automobile ,T Northern Trust Co 235 330 38% 107% 10 20 39% 46 94% 227 100 Ask 36% American Fidelity & Casualty__5 American of Newark— 2'% i Bid Home 37% 92 100 Savings Central National Bank (White Plains, N T) Empire Trust United Maryland Casualty Ask 230 ~ 20 Bank Bank & 44 6% Federation National , CountyXTmst8c^a Title Par 75% Bid 215 . 370 48 Manufacturers 1 72% .. 100 Continental Illinois National Bank & Trust—33% 355 10 Guaranty Trust merica city Natl Bank & Trust 100 Stamped Unit Type Trusts- Diversified Trustee Shares— Series E 2.50 Independence Trust Shares 1 Insurance^nf N Y Par 28% _ & Fifth Avenue Bankers Trust First Series 1956 26% York Continental Bank & Trust— 6.47 1 1 Series 1955 1.14 % Chicago of Trust 18.43 Union Preferred Stock Fund Union Common Stock Fund United Income Fund Shares North 1.12% Companies Ask Commercial National Bank Si 21.92 1 Whitehall Fund Inc Wisconsin Investment Co Bid York Bank .,*56.50 25c series A bl.18 , Corp_* Shares Fund Banks & Trust Bank Inc Industry Bond 1.12 % . 5 Trading bl.18 11.87 1 & 1950 1950 9.48 *Sj. ■ .. ; 6.82 1 Ask 1.06% bl.18 1 1 Bid bl.18 18, 1950— 25, 1 equipment Ask 11, 1950 - 49 1-51 14.66 1 series $1.50 preferred 28% :z 1.25% 1.20% Jersey ' . 1.20% Insur Co of No ___4 American Casualty . bl.35 60% 26 V2 Due 2- bl.35 61% __10 Dated 1.30% 1-50 58% / Rate 1.15% 2-50 59% 25 Ask > bl.35 1-50 9- 10 — .9679 10- 4ik IOOV2 99.9549 1-49 __10 Life 1, 1951 1-50 8- 6- Sterling National 'Aetna .9789 $1%S Jan. 3-50 Petroleum 2.73 ; 99.9709 1- Insurance Companies Bid 1, 1950 3-50 7- 1.30% Public Par UVeS Oct. Federal Intermediate Credit Bank Debentures Rate New York Aetna Casualty & Aetna Insurance 99.26 100 12- 33/s 5.63 com 99.31 1.30% . 26.14 30.99 1 Stocks) com .0203 99.25 15, 1955 1.30% 17.73 (Income .0249 100.0024 9.09 Series . mn mii 19Sf» 1C.28 Pacific Amer Investors com__10c 11.33 l Stock and Bond Group Investment Co of America 1, tiy8s Sept. 15, 1950_ 12.88 Scudder, Stevens & Clark Howe tl Ws .Tnlv 100.1 X9.38 Tobacco 5.35 lc stock 100.1 X8.29 Steel , shares .0156 100 _i_ 100.0090 xll.75 2.80 lc Equipment shares "C" 1, 1950 1 Railroad 9.06 .__lc Railroad Bond Shares Ask Indebtedness— tl%s June 1954 Railroad 9.12 Mining Bid of 100.1 100 1951 l%s March Maturity— 100 1,1951 Pacific Coast Invest Fund Public Utility 6.80 shares 1%S Oct. 1%S March 15, Gils 9.87 Low 1951 "B" l Metals 9.91 lc Ask 1 Machinery Merchandising 7.98 Investing Company shares Bid ' , 1 stock Insurance 8.53 7.23 9.44 Railroad 7.75 Electrical 8.20 Petroleum 11.13 X7.07 Diversified Industry _1 Diversified Investment Fund_l Diversified preferred stock 1 5.58 7.48 Fully administered shares RR xl0.16 Corporate bond 11.99 Priced 1 1 Building supply 7.79 10.95 101.28 100.1 Aviation 8.99 Electrical Equipment shares_lc Food shares lc 1, Bank 7.51 —lc shares 1%8 Oct Certificates 1.30% Agriculture 7.51 lc 1%S July 4.25 7.93 __lc Aviation shares « , Treasury Notes— 7.83 4.80 Securities— 7.23 Maturity— 5.31 1 4.39 5.58 lc 119% 3.34 ^.86 Chemical Agricultural shares 99.29 100.4 4.80 1 1 Series Low Priced Com Stock Series 1 New England Fund 1 New York Stocks Inc— 59.43 1 1957-1955. 100.2 101.22 7.33 Series 3.89 18.44 1 Corp General Investors Trust 99.26 1955 1953. 7.09 _1 17.62 Investors 100 1, Ask 99.22 U. S. Certificates of Indebtedness l%s July 1, Fund Automobile Fundamental Bid 99.16 1, 1952-1950. Dollar Price 29.39 Inc_l Selected Group 6.07 l%s May 2%S Feb. 1961 ? 118% 8.10 Boston Inc_—1 of Speculative 32 5.46 7.39 Industrial Stock Series 30.76 2.11 ,, 100.2 l%s Jan. 1^.1953-1951. Central Bank for Cooperatives— 1%S Feb. 1, 1953 Panama Canal 3s 4.77 v Stock Series 4.36 5 Industrial Fund Inc_l Financial Inc__10c interest__l 2nd point a 4.62 4.34 4.33 Fund 32nds of more 3.60 Income 20.31 100.1 100 or Federal Land Bank Bonds— 4.34 3.26 4.19 Low Priced Bond Series Preferred Stock Series 30.06 _1 . 3.94 National Investors Corp National Security Series— Howard— & -25c 3.76 lc Mutual Invest Fund Inc Nation-Wide Securities-tc. Balanced 4.54 3.41 1c beneficial Fund 100 , Trust— Investors Mutual 4.25 lc Bond of 4.09 4.12 lc shares Investors Ctfs 22 % 14.90 _________ Shares 143 5.98 1 Consolidated Investment Trust-l Delaware Fund _1 Dividend 4.910 138 3.71 3.85 < ._lc Steel .shares Manhattan 15, 1950 15, 1951 l%s Feb. one Other Issue* Non-Ferrous Metals Petroleum Ask 49.40 lc Paper shares Bullock 49.40 Bid 1.35s Sept. ' shares Home Furnishings shares 23.64 9.30 lo Electrical Eqiupment shares_lc General Industries shares lc 3Vb 1 34.14 Business Equipment shares-lc 103.67 10c value asset Figures after decimal represent Federal Home Loan Banks— 34.14 Managed Funds— 7 Bowling Green Fund Inc— Net 5 Ask Fund— (Net Asset Value) v Holdings Corp Bid • _. Loomis Sayles Second 17.16 _ Beneficial Corp Bond May Obligations Of Government Agencies Par Funds—^ Loomis Sayles Mutual Fund— 4.29 ___i Inc_. B Mutual 4.73 American Business Shares. Axe-Houghton Bid -IV* __ Affiliated Fund Inc_' Blair Friday, Investing Companies i Mutual Funds— Amerex for (Un) xEx-dividend, •No par value, Admitted to Unlisted Trading privileges.' wdWhen delivered. wlWhen zEx-stock dividend. v" y Ex-rights, tin default, tThese bonds are subject to all Federal taxes. 44 (1924) The Commercial and Financial Chronicle ' ... Monday, May 8, 1950 Week Ended April 29 THE COURSE OF BANK CLEARINGS Bank will show week clearings this with increase compared an year a the chief Preliminary figures compiled by us based upon telegraphic advices from indicate that for the week ended Saturday, May 6, clearings cities of the country, possible to obtain weekly clearings for all cities of the United States for which it is will 3.9% be the corresponding week those of above ago. Our preliminary last year. 1950 Third this there is center At Our comparative $14,926,948,897 against $14,362,028,843 for the same week in 1949. the week ended Friday of 0.3%. loss for a New York 1950 - $7,798,976,501 756,599,183 567,778.225 - Philadelphia 829 985 -+34.9 2,134, 717 —44.6 834,027 1,027, 304 9.5 1,157,023 1,142,955 3,499,429 3,143, 234 + 11.3 3,662,842 3,122,433 969.000,000 £106,000, 000 + 7.0 857,000,000 840 000 000 2,373,962 „ 2,952. 392 + ... Philadelphia..." Reading York.... +33.3 (11 5,019,446 + 69.5 7,590,850 6 10,017,204 cities) + 18.2 7,823, 853 674 + 15.8 8,481,915 6,699,301 895,245,585 873,567,539 8,649, 943,652.925 + 7.5 6,332.870 1,014,562,655 + 27.4 Federal Reserve District—Cleveland— 8,069,326 Cincinnati • + 16.9 163,650,295 147 580.059 + 1.3 299,556,772 285 686.077 33,582,900 32,135,000 + 23,510,300 4.5 28.565,400 4,952,335 4 + 22.5 4,551,833 6,443,975 6,353,537 + 1.4 5,401,432 5,278.936 236,782,849 296,354.551 + 0.1 282,211,637 273 804,763 825,627,560 791,677,518 + 4.3 792,220,995 746,717,649 267,400,000 + 6.1 308,923.000 + 7.2 Pennsylvania—Pittsburgh 274.998,578 -flO.3 + 220.971,886 205.751,258 + 7.4 days $11,718,948,869 $11,252,833,445 - + 4.1 West 2,423,492,890 + 6.3 Virginia—Norfolk 2,575,251,085 J + 685,702,508 632,748,943 $14,926,948,897 Total cannot District of Total not available at time of going to press. elaborate detailed statement, however, which has to be estimated. cases present further below we give final and complete results of the week previous For that week there was an the week — the aggregate of increase of 6.7%, clearings for the whole country having amounted to $14,070,441,872 against $13,190,■036,476 in the same Outside of this city there week in 1949. clearings at this center having recorded a according to the Federal Reserve Districts in which they that in the New York District a was gain of 4.8%. are 4.9 9,830,000 11,307,000 + 3.8 109,221,611 99,777,630 + gain of 8.7% the located and from this (including this city) the totals show an In the Cleveland Reserve District the totals larger by are 4.3%, in the Richmond Reserve District by 8.3% and in the Atlanta Reserve District District of 7.1% and the 3,552,345 31.8 3,299,777 2.923,414 + 5.6 198.399,098 185.600,042 61,822,251 + 25.3 62,413,035 59,494,119 427,717,621 (6 cities). 2,695,249 195,997,166 394,961,370 + 8.3 385,670,053 361,740,293 Sixth Federal Reserve District—Atlanta- Tennessee—Knoxvllle 13,669,488 + 13.9 72,563.473 60,747,032 + 19.5 68,556 884 54,965,402 225,600,000 205,100,000 + 10.0 231,100,000 177.300,000 3,831,979 3,751,642 + 2.1 3.881,181 15,571,578 Nashville Georgia—Atlanta Augusta Macon 14.9% and in the San Francisco In the following ^gain of 10.5%, the St. Louis Minneapolis Reserve District Reserve District the increase is 10.6%, in 14,493403 12,708,217 4,498.171 2,959.941 2,762,438 + 7.2 3,393,078 3,425,858 Florida—Jacksonville 84,090,991 77,081,383 + 9.1 74,036,389 81,792,350 Alabama—Birmingham 89,932,651 81.498,880 + 10.3 83,184,090 90 394,515 5.772,285 5,481,066 + 317.621 366,346 122,570,672 119,610,688 623,211,191 570,068,963 i j Mississippi—Vlcksburg Louisiana—New Orleans Total (10 cities) Seventh Federal 5.3 6,327,055 —13.3 306,445 399,183 + 2.5 111,783,756 101,973,192 + 9.3 597,062,281 533,816,715 6,359,822 Reserve District—Chicago— Michigan—Ann Arbor 1,137,046 Indiana—Fort Wayne —16.1 1,404,255 1,705,543 8,268,220 + 17.9 9.919,242 10,117.243 5.885,323 —. 1,355,442 9,750,314 Grand Rapids Lansing 4,017,461 +46.5 4.943,704 5.123.305 + 5.896,808 9.0 6,264,061 5 765,113 49,235,000 + 14.8 47,234.000 46,848,000 7,967,106 Terre Haute 5,407,729 56,531,000 Indianapolis South Bend 6,054,814 + 31.6 6,037,566 of 24.4%. In the the Dallas Reserve District Reserve District 4.2%. 2,381,197 2,636,014 63,584,314 51.924,409 3,693,677 3,491,307 30,249,051 25,459,824 13,449,037 11,848.513 1,193,841 1.131,569 Chicago a 2.638.083 77,490,483 718,073,054 661,720,769 Decatur The Chicago Reserve District has to its credit 2,506,532 We group the cities improvement of 4.9%, in the Boston Reserve District of 7.6% and in the Philadelphia Reserve District of 7.5%. 7.4 + 206.951,702 Co'umbia—Washington Mobile ending April 29. + 10,854,000 121.285.491 2.478,900 Maryland—Baltimore the week as 2,307,213 11,381,000 125,863,191 _ South Carolina—Charleston 3.9 + figure them today, inasmuch are 3,806.114 Reserve District—Richmond— Virginia—Huntington Richmond 7.7 $14,362,028,843 (7 cities) Fifth Federal 4.5 — $14,294,199,954 $13,676,326,335 day We 042,099' 7.4 Accordingly, in the above the last day of the week in all to .... 278.236,442 ... * - of next week. Kansas City 7,051.400 149,666,677 296,792,784 Mansfield Columbus 303,317,528 Saturday and the Saturday figures Reserve 8.283,626 175,000,000 300,796,175 Cleveland Complete and exact details for the week covered by the foregoing will appear by 9.3%. 992,277 Youngstown Total all cities fbr week it appears 4 130.873 3,951. 145 7.3 Total all cities, five days. bank 2,333,737 4.669,057 298,711,953 All cities, one able 4,226,003 2,364,682 8 4 331,054,000 Other cities, five days are 5,403,441 8.8 + - Ten cities five we 2 832,417 7.4 + 13,261.619 Delaware—Wilmington Jersey—Trenton Ohio—Canton +17.0 283,600,000 Baltimore the 2,710,673 + 2,126, 261 + - Pittsburgh In 0.7 5.014, 360 2,526,841 i 240.023.204 Cleveland ends 1,054,537 447,746.237 6t. Louis issue 1,032,991 257,439,632 — San Francisco our 1,020,686 —435,220,653 Boston Kansas City in — 5.383,232 Wilkes-Barre Fourth 0.3 — 863,000.000 1,010,000,000 - — I % 1949 .$7,772,034,034 - Chicago 1947 $ 929,403 ^ I Lancaster... Total — 1943 1,119.763 Beth.^hem Chester Clearings—Returns by Telegraph Week Ended May 6— or Dec. % 1,132,140 Pennsylvania—Altoona New for the week follows: summary $ Fedsral Reserve District—Philadelphia— Scranton.... total stands at Inc. 1949 $ 2,835,960 Wisconsin—Milwaukee /' Iowa—Cedar Rapids Des Moines Sioux City Illinois—Bloomington Peoria 9.7 — X 5,286,895 X + 22.5 52,103,903 47.103,658 5.8 3,308,451 3,480,439 + 18.8 29,423.942 28,943,627 + 13.5 12,271,683 + 5.5 1,109,112 1.008.631 + 8.5 710,013,689 716,589,107 2,792,304 + 1.6 2,585,967 2,597,540 + 12,690,146 furnish a SUMMARY Week Ended Aprtl 29— Federal Reserve Districts 7.8 10,054,421 8,705,221 + 21.1 4.527.331 4,187.317 2,684,681 + 24.8 3,203,101 1949 Inc. or $ Dec. % 1947 1948 2.864.632 941,357,769 851,760,221 + 10.5 904,404,528 903,021,427 $ Total (17 cities) $ 579,437,744 538.693,335 + 7.6 559,556,635 495,584.357 44 7,279,354,454 6,937,236,685 + 4.9 7,477,875,550 6,639,921,317 260,200,000 252.500.000 + 3.0 261.700,000 44 239,900,000 11 1,014,562,655 943,652,925 + 7.5 895,245.585 873,567,589 Kentucky—Louisville 123,360,026 109,620,959 + 12.5 105,866,753 96.401,501 7 44 825,627.560 791,677,518 + 4.3 792,220,995 746,717,649 Tennessee—Memphis 88,266.967 78.569,404 + 12.3 75,148,387 66.713,703 6 44 427,717,621 394.961,370 + 8.3 385,670,053 361,740,293 1,397,388 1,536,529 + 23.5 1,759,010 1,686,145 ..10 44 623,211,191 570.068.963 + 9.3 597,062,281 533,816,715 473,724,381 442,226,892 7.1 444,474,150 404,701,354 17 " 941,357.769 851,760,221 + 10.5 904,404,523 903,021,427 4 New Jrd " 473,724,381 442,226,892 + 7.1 444,474,150 404,701,354 7 44 339,441,712 272,798,906 +24.4 334,730,758 289,118,740 10 44 474.602,207 428,953,557 + 10.6 464,517.686 412,403,738 Philadelphia Cleveland 5th Richmond - — 7th Chicago 6th St. Louis 9th Minneapolis —_ 10th Kansas City„ 11th + 4,320,981 3,351,488 CLEARINGS BANK $ 12 Cities 9,411,184 5,233,824 12 York 2nd 4th Atlanta OF 1950 lit Boston 4th by Federal Reserve Districts: summary 10,144,720 Rockford Springfield we Dallas 44 6 12th San Francisco 330,151,237 + 14.9 276,325,756 219,600,204 761.252,341 730,770,651 + 4.2 729,127^42 624,955,511 13,190,036,476 + 6.7' 13.861.211,819 12,505,148,894 Louis Illinois—Quincy Total (4 cities) Ninth 14,070.441,872 44 10 287.235,453 Eighth Federal Reserve District—St. Louis— Missouri—St. Federal Reserve District—Minneapolis— Minnesota—Duluth 5,125,456 North Dakota—Fargo. 9.4 5.764.081 5,175.691 180,976,557 + 25.6 238,542,264 199.105,823 87.775,907 St. Paul... 5,658,916 227,264,051 Minneapolis 64,987,720 + 35.1 72.352,537 68.111,885 , Outside New York 112 Cities —11.3 4,694,521 4,681,321 —18.9 3.165,625 —15.8 3,159,266 City 7,037,621,214 6,476.825,702 + 8.7 6,612,974,692 6,096,161.517 2.399,373 1.6 7,052,464 7,047,023 +24.4 334,730,758 289,118,740 4,905,030 5,526,804 South Dakota—Aberdeen Total 2,569.103 3.168,080 Montana—Billings 2,829,753 3,360,846 8,972,412 9,119,983 339,441,712 272,798,906 Helena Total (7 cities) We now add our detailed statement Tenth Week Ended April 29 1950 $ First Federal Reserve District—Boston- Maine—Bangor 1949 Inc. or 1943 , 1947 655,899 __ Hastings —20.0 1,904,172 1,550,576 1.481,985 + 11.2 4,127,717 ,3,835,968 461,354,960 + 6.0 475,002,945 413,317,817 1,773,829 + 4.0 1,554,878 1,356,274 + 3.3 1,013,348 Worcester 980,936 972,169 665,465 1,640,158 4.2 1,781,332 + 17.1 7,349,029 4,696,344 + 29.9 5,569,427 4,717,432 22,807,709 + 20.5 26,246,881 23,646,589 12,126,255 9,384,257 + 29.2 10,051,747 9,699,207 24,783.800 21,845,800 + 13.4 23,899,000 27,400,200 1,206,719 Hampshire—Manchester ... 1,037,153 + 16.4 1,450,934 1,317,801 579,437,744 Second Federal Reserve District—New York— Mew York—Albany Bingham ton Buffalo JElmira Jamestown New York Rochester Syracuse Connecticut—Stamford Mew Jersey—Montclair Newark Northern New Jersey »*al (12 cities) 5.9 636,034 388,187 + 3.7 552,546 562,351 + 2;8 6,547,386 7,004,873 131,705.308 Omaha ,119,196,826 + 10.5 112,138,715 109,697,864 7,055.037 ' 6,076,473 + 16.1 11,704,170 9,990.888 + 17.2 13,197,176 9,416,818 301,041.280 ■ Wichita Missouri—Kansas City St. Joseph 272,176,861 + 10.6 311,513,036 268,044,605 9.4 10,640,749 10,297,140 5,724,760 4,541,283 9,679,017 Pueblo 8,846,279 2,110,711 2,131,067 1.0 1,888,324 986,729 2,488,443 Colorado—Colorado Springs Total (10 cities) 1,977,218 + 25.9 1.628,960 1,463,873 428,953,557 +10.6 464,517,686 412,403,733 474,603,207 + — Eleventh Federal Reserve District—Dallas- Texas—Austin™ 7,971,192 538,693,335 '+ 7.6 559,556,635 495,584,357 5,817,328 8,005,993 + 12.9 227,876,000 176,745,000 20,708,446 + 29.7 25,882,793 20,561,390 Galveston 5,361 000 4,932.300 + 8.7 5,131,755 4,643,000 Wichita Falls 5,722,569 3,894.921 + 46.9 3,517,266 2,581,697 8,308,149 8,248.089 + 0.7 8,100,614 7,063,124 + 14.9 276,325.756 219,600,204 113,317,866 92,403,900 Total (6 cities) 330,151,237 . 287,235,453' [I 12,661,929 10,303,565 2.995.042 2,686,555 + 22.9 :• 10,288,752 25,322.803 2,598,844 . ( + H.5 3,481,216 86,464,327 77.288,162 + 11.9 78,653,494 71,863,712 1,843,868 2.423,061 —32.8 1,516,878 1,546,256 2.703,524 1,705,321 + 58.5 2.254,868 1,819,652 7,032,820,658 6:713,210,774 4.8 y; 7,248,237,127 6,408,987,377 18.857,401 16.905,409 + 11.5 17,867,561 16,220,673 + 14,470,302 12,250,898 + 18.1 13,770,953 14.129,068 12,481,037 + 13.2 12,456,468 1,530.484 650,485 40.071,672 40,508,899 51.009,179 46,822,519 Twelfth Federal Reserve Washington—Seattle— District—8u Yakima 51,886.478 Utah—Salt Lake City California—Long Beach 6,937,236,685 13,930,086 Pasadena.' 12,555,395 + — 2.6 3.5 2,997,480 3,441,613 1.4 145,963,893 92,512,723 2.8 48,929,746 43,847,803 + 11.0 10,461,483 384.367.091 11,065.585 San Jose 8,513,494 405,648,753 San Francisco 9.613,707 + 15.1 8,063,168 9,641,394 + 22.9 7,501,584 7,005,875 5.5 380,798,991 10,817,130 355,885,228 + 9.165,572 4,499,278 3,560,090 + 26.4 3,427,979 Stockton 3,522,221 8,238,747 7,963,323 +" 3.5 7,310,005 7,529,177 1.1 41,934,564 42,149,831 47,576.500 46,722,411 7,477,875,550 6,639,921,317 4.9 53,365,267 + — Santa Barbara 9.1 + 3,098.965 137,749,163 10,265,996 719,541 + 109,984,156 2,989.682 139,672,223 Oregon—Portland 10,841,858 . + 135.3 — Francisco— 112,859,023 . 699,532 Total (10 cities) 761,252,341 — ♦Estimated. JNot available. 730.770,651 4.2 729,127,842 624,955,511 14,070,441,872 13,190.036,476 6.7 13,861,211,819 12,505,148,894 7,037,621,214 Grand Total (112 cities) Outside New York 7,279,354,454 + 60.5 244,485,675 26.866.979 . 4,966.022 275,921,348 Dallas Fort Worth™. Louisiana—Shreveport Total (12 cities) + 482,040 7,456.475 6,761,547 — 6,102,684 ..... 619,430 ♦500,000 1,384,072 7,334,492 27,472,310 New Haven Island—Providence.. 3.933,525 8,592,215 I Connecticut—Hartford Mew $ >, 1,570,969 . Springfield Rhode $ 1,844,883 Lowell New Bedford ' %j 488,826,094 Fall River__ . ■#+ Dec. 4.375,640 Massachusetts—Boston.. 2,597,619 7,663,342 ... Kansas:—Topeka__ 1,522,827 Portland — Federal Reserve District—Kansas City- Nebraska—Fremont Lincoln at— — showing the figures for each city for the week ended April 29 for four years: Clearings + 6,476.825,702 8.7 6,612,974,692 6,096,161.517 + Volume 171 Number 4905 < . The Commercial and Financial Chronicle .. (1925) PARTIAL Foreign Exchange Rales to the give below i EXCHANGE CERTIFIED RATES BY APRIL mortgage bonds, ' 1st FEDERAL MAY TO 1950 28, RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1950, 4, INCLUSIVE . York Power V/\% mortgage 1st 3%% mortgage Value in United States Money Apr. 29 Apr. 28 Argentina, peso— ;'gg: 1 V $ * g ggg1: Preferential "A'! .206949* ' ■i g ' May 4 May 3 "B" .174562* .138958* ; Australia, pound Belgium, Brazil, cruzeiro 1570 Mexico, Islands, escudo United ,'j. .909090 1st .900625 .900625 Revere .208500 .208500 .208500 .0200600 .0200600 .0200600 .144933* .144938* .144938* .00285937 .00286000 .00286000 .00286000 Africa, —— 2.772896 2.772896 2.772896 series (Wis.) bonds, due due .193329* .193329* thousands .232950 of or $ certificates 1949 1950 1950 Assets— 2.783750 2.783750 2.800742 2.800703 2.800742 Company .568327*+ .658327*+ .658327*+ .561797*+ .561797*t .561797*+ .425531*+ .425531*t .425531*+ ctf. Industrial pipe Govt. 2,285 23,033,077 — advances 120,561 £ —• 2,536 63,523 — 97,305 — 39 — 79,566 — 359,446 1,918 + Securities: Bills 4,319,975 Certificates Notes + 120.500 5,761,250 — + 8,000 1,531,500 Bonds 2,286 22,162 206.260 79,566 — Total U. Total + 6,098,500 —_ loans S. Govt, securities. — 17,711,225 + — 562,511 —1,144,729 1 * 1 1395 •Due F. from R. 17,834,322 foreign banks notes Uncollected Bank securities— of other 47,500 —2,572,100 70.700 —3,127,940 26,644 —3,485,468 102,711 ; 2,554,756 premises Other — — — 34,529 assets 4.839 + 4- 51 deposits domestic credited to 43,895,726 — —• 66,330 due June 22,870,115 + mtge. 3(4% summary U. S. bank—reserve Treasurer — 15,985.607 acct. gen. acct. 678.120 Foreign — 996,315 Other + 291,014 Total deposits Deferred Other 17,951.056 availability items + 2,197.533 liab., incl. accrued divs. Total + — liabilities — 12,746 — 43,031,450 — — and Issue— Date Corp., paid Apr. 26, 1950* (Section 7)_ Surplus (Section 13b) Other 1950t 155,241 — 82.773 + 3,813 — loans — . "+* 11.740 + 128 Real dealers estate 49 v 6% non-cumulative ♦Announcement in tables. In — May 15 Gas & stock May 10 '(g/ Co.— income this debentures, due 1958—Jun 54,018 + 17,723 66,330 the first 181 ,; all the dividends + 5,200 53 4* 904 + 983 100 — In V 6-30 6-15 37 Vic 6-15 5-31; Aircraft Corp. D.) Radio Finance 688 + —: 1.715 _ 10 Gas & — Electric Forging American Machine of will ,— 3 be and 434 Dec. 24 + 752 246 + 2,980 Anchor 112 Andian 159 24 5,840 — 51 — + 395 4,886 American 4 (4 % Arden the May, ——- ._ 12 ■' Banks 5,670 + + — 12 11,822 ———————. Reserve 24,059 183 792 vault + + 28 1,316 — 2,097 5 — 119 2,067 1,399 + 58 considered 1 5-18 i 6- 1 5-12 75c 5-10 5-151 6-10 6- 1 20c 6-10 25C 6- 1 $1.12Vi 9- v. 5-20 5-3i: at stock dividends considered in March, June, Sept, meetings. Company, Ltd., common preferred ( J. A ___——g. Atlantic Refining Powder Industries. Co. 1 5-16 6- 1 5-10 U5c 7- 1 6-10 Ltd.— _ registered 6- 75c — Hardware Co., Electrical Ordinary 8-21 5-15 5c Co., S3 partic. pfd. (quar.) H.) 5-22 1 5-25 +20c & (quar.) Associated 6- meetings. Conveyor Co National Corp., Ltd. Class 25c 5-13 5-10» > of Nov. preferred 5-25 regular Declaration be and 5-25 first Metal Farms Atlas will the 5-20 50c 17 Vic common- the is date. Aug. 3.90% Steel Ashdown __ ... that us month meeting the (quar.) Foundry Co., dividends For 50 + & 5 12 Vic —— & Socket Co informs company Feb., Co. > 10c (s-a)__ __ Company (quar.)— Altes Brewing Co. (quar.)-____—— American 25c 25c - common (quar.)_ Gas 31 4.317 Indebtedness + + - _______ Company, preferred Allied 61 3 + 9 Manufacturing Co. (quar.)— Engineering Co. (quar.) (J. the + 9 6- 5- common — 6- 3 5-15 monthly 266 3 7- 50c 445 V 468 7- t70c — Company— + ■A: ———— t25c — _ Wire ,12 2 Holier« Payable of Reo. g 5-19 + + ? 6-15 1,025 4,512 Federal an¬ t$1.25 48 138 When Share Participating 5% pref. (quar.) + obligations bills certificates of with 1789 grouped in two separate are indicate we Name of Company 131 obligations —; —3,439,429 Reserve 1 issue. ously announced, but which have hot yet reached theii + — U. 8. bonds * 1787 nounced during the current week. Then we follow with :a second table in which we show the payments previ¬ purchasing or carrying: Treasury notes 21,462 1666 DIVIDENDS The 4,615 Cash 43,895,726 preferred g Dividend announcements 796 loans 'Other-- securities' — debentures-— 1461 Co.— convertible Electric American — 35,931 10,842 + + 133,351 4% 104T 1788 5% pur¬ banks to * 1788 Tuesday Government S. Loans for —3,489,456 12,361 4- for Other securities 129,705 + securities loans Page 30 mortgage or Other Other —3,157.261 1,631 and carrying: 8. 'Government U. 27.543 _ Jun mortgage Allied agricultural 13,474 brokers to U. 464,962 223,007 and — chasing 312,074 91.128 industrial, Commercial, Loans 1949 51 66,515 —3,037,142 88.016 488,173 capital accounts. stock 1st ■ Surplus A 1st Adams (in millions of dollars) Treasury 215,209 class Aetna-Standard Apr. 27, Apr. 19, 2,085 41,476 Treasury in Electric cumulative Carolina Acme Inc ( + ) or Dec. (—) Since 462.028 1674 CALLED bonds, due 1973_— May 25 bonds, due 1978 —May 25 Staten Island Edison Corp., 4.90% preferred stock Jun 1 10 East 40th Street Building, Inc.— banks de¬ member banks follows: Capital Accounts— Capital ISSUE 3%% of the assets and liabilities of reporting —3,439,429 68.658 1 bonds, series C, due 1973-Jun 16 3%% . Deposits: Member South $40,000,000. 24,914 notes I —-Jun 1970 1, Acadia-Atlantic Sugar Refineries, Ltd.— Class A partic. pref. (quar.)— 25,294 Reserve 1 California— International Carolina 5(4% Bororwings at all reporting member banks increased 1,866 — Jun 1969—-Jun Per !• Liabilities— Federal 1968 payment date. Assets— Total assets due series, due decreased $51,000,000. 230,405 + 3,321 20 < — 13.619 — 130,042 . bonds, + 1,151,400 105,300 29 banks items — South Cleveland the creased in all districts. A and in $9,000,000 and poahs to banks decreased $31,000,000. demand f. s. Co.— Apartments, Inc'.— /'■ 2nd mortgage income bonds, dated 1936 Jun 1 Lipton (Thomas J.), Inc.,-6% preferred stock July 1 Lit Brothers, 6% cumulative preferred stock-— —Jun 5 Puget Sound Power & Light Co., $5 prior pref. stock—May 31' ^ Rochester Gas & Electric Corp.— I 4%% preferred stock, series G May 29 St. Louis Southwestern Ry.— General and ref. mtge. 5% bonds, series A, due 1990-July 1 Demand, deposits adjusted increased $242,000,000 in New York City, $158,000,000 in the Chicago District, and $52,000,000 in the Cleveland District, and decreased $43,000,000 irrthe New York District outside of New York City. Time deposits increased $40,000,000 at all report¬ ing member banks. United States Government deposits and due 30 lire ■ R. ; loans S. „ reserves _ and U. F. 1 523.646 for District, Districts, of Treasury notes $ $ 22,509,431 fund . May 4, Apr. 26, Dallas series, Delaware .327358 Holdings of Treasury bills decreased $71,000,000 in the San Francisco District and $36,000,000 in Chicago, and in¬ creased $24,000,000 in the Chicago District outside of Chicago; there was a net decrease of $159,000,000 at all reporting member banks. Holdings of Treasury certifi¬ cates of indebtedness decreased $24,000,000 and holdings dollars) of and 27/8% 1979_Jun Transmission Co. Coca-Cola .232900 type of merchandise. May 3, Discounts « 1787 Co.— .0345375 .327358 .425531*+ Increase ( + ) gold 1 May 25 ——Jun i* 5(4% preferred stock Jun cumulative preferred stock—Jun ENTIRE .0346000 - -.561797*+ decrease (- -) since cash — 1979 .496125 2.783750 .425531*+ upon .496125 .327358 .658327*+ .561797*+ J. (In Total 1570 Inc., 4% Gas debentures, .232916 2.800742 Brass, Co., 1st lien & ref. .140154* V 2.783750 ,658327*t Reserve Banks Combined Other * 1961—;—May 15 Virginian Railway— .140154* .232900 2.783750 . Gas .0346000 .193329* Closed & mortgage .193329* .327358 Slafement of Condition of the 12 Federal Redemption due A, 1 1958— Seismograph Service Corp., Gold , 1967-*.-—Jun Inc.— mortgage bonds, Natural Oil 2%% .496125 • .0346000 2.800742 ; . peso i - mortgage pipe line bonds, 3% Union .140154* .496125 ref. 1st 1st .262600 140154* • 3% .115620 .262600 2.772896 Closed .... .232970 - sterling___________ tApplicatlon depends .115633 .262600 .262550 .193329* pound pound .115633 ..115633 .327353 .. ♦Nominal. bonds, bonds, Copper Tennessee .208700 .208700 .0346000 „ dollar peso .208700 .208700 and Southern .144938* .496125 franc 4—---— peso Co.— Theatres, Sherwin-Williams .0200600 .140154* _____ Kingdom, Uruguay, Uruguay, .909090 .900000 .208500 ' 2.772896 a South mortgage .909090 .262550 krona Uruguay, 1st .909090 .115707 i peso Settlements, of mortgage 3% .901250 • .208700 _ _ Switzerland, Union .0544060 .0200600 __ 6wcden, .0544060 .144938* guilder New Zealand, pound Norway, krone Philippine Fibre mortgage 3V4% Poli-New England .00285937 peso 6traits. .0544060 koruna Netherlands, Portugal, .0544060 .208500 (Metropolitan), franc Dominion of, rupee India, Vulcanizing debentures, due 1960— England Electric System, 3% debs., due England Power Co.— Public Service Electric & Gas Co.— krone Denmark, .0199250 .909090 rupee France 2nd 15-year 4y4% 1st .0199250 .901250 Czechoslovakia, preferred stock, * May 15 Johnson, Northern States Power Co. .0199250 1568 * 2.231573 2.231573 2.231573 ;.0199250 I —-May 15 1359 1st ' ___. _„ Ceylon, Jun — 1958 1 .138958* .0544060 _ Canada, dollar— Free .174562* .138958* .138958* ■ v 2.231573 4% due 2 New .0199250 franc Official Closed 2.231573 .174562* .174562* .138958* bonds, 6 New .206949* .206949* .206949* .174562* , 1965 due 1784 series A-Jun .297778* .297778* ' Preferential & National g $ $ i&sf;; .297778* .'.206949* 1 1784 Ry., 1st mtge. bonds, ser, A & B._Jun Minnesota Transfer Ry.— 1st mortgage 3%% bonds, dated 1936—* —Jun • :.297778* .297778* — Jun 1 preferred stock-May 31 1961 Kansas City Southern May 2 g $ • trust 1666 Co,— Johnson ■ 1 May 1 due bonds, Sugar collat. 1663 May 10 I960— Corp.— bonds, 20-year Buying Rate for Cable Transfers In New York Noon Page May 15 due Florida Power Corp., 4.90 % cumulative Fort Street Union Depot Co.— 1930 Francisco Country and Monetary Unit series A, due 1971 3Vi% Clyde Porcelain Steel Corp.— 15-year 5Vi% mortgage bonds, Eastern New record for the week just passed: a FOREIGN 1st the different countries of the world. We on Date Alabama Gas Corp.— of the Tariff Act of 1930, the Federal Reserve Bank certifies daily Secretary of the Treasury the buying rate for cable transfers REDEMPTION Company and Issue— i' Pursuant to the requirements of Section 522 45 Ltd.— (final)- al0% 5-16 quar.)—-___ 75c 6-15 5-22 ——_ (increased 6-14 50c 6-10 5-29 25c 6- 5-20' Company Atlas Ratio of gold to serves, certificate combined Contingent liability purchased ances Demand deposit and F. R. liabilities note Liabilities- re¬ 56.4/5 on for trial to 15.481 foreign Interbank 25 6,441 make Domestic 959 + demand indus¬ 21 1,304 1,133 to of shows the the Federal following Reserve principal ended April 26: A decrease of United States Government 000,000 in reserve System in leading changes for deposit accounts, except U. S. Govt, accounts, ♦San creases of in United States the week and de¬ Government deposits and $368,000,000 in demand deposits credited to domestic banks. Commercial, creased in at all were ; + industrial, and agricultural nearly all districts and a 40 + 776 56 102 pre¬ vious week 24,082) District figures loans /, de¬ total of $100,000,000 San Francisco in the — Black Hills & Power preferred Light, preferred & 5% Notices Co., preferred and including those a stocks common called list of under corporate bonds, notes, called sinking The date indicates the redemption or for fund redemption, provisions. last date for mak¬ ing tenders; and the page number gives the location in the current volume the details were (except where indicated) in which given in the "Chronicle." Company Asuncion and Port preferred 6% preferred Page 8% gold debentures—May 11 1665 com. (quar.) — (quar. (quar.)— Bourne Mills (quar.) Bristol-Myers Co., 3%% British Brunswig Drug Buck Creek 5-3 6- 1 5-17 25c 6- 1 5-15 50c 7- 1 6-20 +5c 5-22 5- 5 6- 1 5-20- 6- 1 5-20 6- 1 5-20 30c 6-23 6- 9 $1.06 V* 6-12 6- 1 $1.06 »/4 7- 6-15 1 6-13 5-15 6-30 6-16 37 Vic 6-30 6-16 25c 5-15 5-10 8-10 6-30 6-24 9-30 8-25 12-15 5-10 4-27 6- 5-15 93 %c Co., 1 7-15 12- 7- 9 1 + 15c 8- I (increased) 50c 6- 1 — 90c 7-31 25c 6-15 6- $1.25 7- 1 6-20 45c 6- 1 5-15 30c 6-15 Ltd common Company— (s-a) 8-15 $1.50 40c (interim) (quar.) Oil Co. 9 5-13 30c $1 Products, Shoe Company, common $3.6o preferred (quar.) preferred 9 $1.50 — .____ common Forest 5- $1.50 ; preferred (quar.)— Columbia $1.20 25c — Brown $5 TENDER Date Corp., (quar.) preferred (quar.) Brunswick-Balke-Collender OF Issue— Concession .6% 6% Below will be found 6- 1 25c ______ Brothers Tobacco 5-15 7- 30c 30c (quar.) Laughlin, Inc., com. (increased) preferred (quar.)—-. Common 5-29 1.35 conv. Bloch 5-25 9c 32c (quar.)- Blaw-Knox Company Bliss 1 20c $1.05 (quar.) com. (quar.) Bryson, Inc., com. (quar.) preferred (quar.)_——— Blackstone Valley Gas & Electric— 4.25% preferred (quar.)— Redemption Calls and Sinking Fund NOTICE District, $10,000,000 each in the St. Louis Manufacturing Co. (increased quar.) Bell & Gossett Company (increased)-— Bibb Manufacturing Co, (quar.) Bickle-Sea&rave, Ltd Black, Sivalls & reporting member banks; the principal decreases $37,000,000 in New York City, $17,000,000 Belden 5.40% preliminary, (San Francisco District), cities $246,000,000 in holdings of deposits adjusted; _____ 4.25% balances with Federal Reserve Banks $280,000,000 Francisco securities; increases of $183,- $480,000,000 in demand + + — (Revised figure 21,516 tApril 19 figures revised , and 6 Avco Manufacturing Corp. (increased) Axe-Houghton Fund, Inc. (quar.) Babbitt (B. T.)> Inc. (quar.) Bankers & Shippers Insurance Co. (quar.)_ 4.20% The condition statement of weekly reporting member banks 664 368 355 and during week Condition Statement of Member Banks 292 + 1,312 demand interbank 961 + 8,557 banks Borrowings Debits + 40 deposits: Foreign banks loans + : :(■• 480 280 + 47,136 deposits adjusted 4.4% + 1,943 correspondents Commitments 0.1% accept¬ Tack Corp; Directors voted to defer the quarterly 50c payment due at this time. Automatic Canteen Co. of America (quar.)_ — — 5-15 6- 1 1 46 The Commercial and Financial Chronicle (1926) Hudd Company Share * Company, common preferred (quar.) Forge Company—. #5 —— — Inc. Bullock's, Hill Bunker Sullivan & Co. trating • Mining Corp. (quar.i Canada Foundries & Forgings. Ltd.— Class A 6% Ltd., J30c 7- 3 6- J 50c 7- 3 t20c 7- Capital Motor Light Arizona Central Co., Power & #2.35 #2.50 Valve Chapman Mfg., Corp.. Chicago Chiksan (quar.i 6% Chemical on this The offer Colonial to has Inc., the Cornell Wood Inc. — (quar.),. (quar.),— 5% pfd. (s-a) 4Mr% Paper #4 preferred #3.25 2nd A Dupuls Freres, Durham (quar.i com. (increased) Htatern preferred 6-15 5-29 t$l 6-12 5-12 Pacific Finance 6-10 5-25 50c 6-13 6- Pacific Fire 7- 6-14 Hydraulic 37l/2C 6- 1 5-19 $1 1 Press Mfg., 6% preferred (quar.i Imperial Chemical Industries. Ltd.— pfd. Associates 7- 6-14 1 $1.50 Color, 5-19 Industrial 6- 1 5-19 62 Vac 6- 1 5-19 1 Silica, 6- 1 5-15 International 25c 6- I 5-15 International Paints, 5-31 5-15 International Petroleum, 1 5-15 International 6-30 6-15 Interstate Iowa 6- 50c 6- 1 5-15 20c 6-12 5-19 5-15 5- 5-26 5-10 25c 6- 5-15 1 Public 3,90% Iowa Common 6-12* 7- 1 6-13 1 5-12 1 $1.75 5-31 6-27 6-12 6- 1 5-15 6- I 5-20 8- 1 7- 15c f 25c . 8- 3 1 7- V 3 6- 1 t$1.12V2 preferred, Estate series Extra 5-15 4-29 La — $30c (quar.i.. #1.50 5- 1 4-27 ■6-10 5-19 Lake Lamston France Plant-Choate Mfg. Mines, (M. Hv), (John 40c '6-15 5-15 50C 5-15 4-29 fj.% (M. H.) FltzSimons & Co., Compuny, (quar.i__ common Fownes (A. 4% & Company J.), of Canada. Ltd., General General Manifold Corp. Corp., $1.50 preferred & Globe will be reduced Co., the par 2V2 Class Great 1 to this on 8- 1 7-10 5-15 5- 6 6 5-15 5- 6-15 5-25 6-15 6- 7- 6-20 1 1 (Irreg.i 5-15 2c 6-1 5-15 10c 6-12 5-23 5c & Lakes prd. (quar.),,. preferred on (quar.) 6-12 5-23 $1 6-30 6-12 $1 6- 1 5-15 stock common Gulf Power Stau-s Co., preferred preferred 7-14 6-1 5-18 6-15 5-24 7- 1 6-10 5-31 5-10 7-31 6-30 t25c 6-1 5-3 6- 1 '5-3 t25c 6- 1 5-3 5-3 6-15 6-30 6-13 $1.50 j 6- 1 5-17 5-25 t50c 5-31 5- 25c (quur.) 5-15 5-10 6 $1.25 5- 8 1 30c 6-10 5-31 t62V2c 6-15 5-20 6- 9 — (s-a 1 . ____ 37V2c - (quar.) 5- 4 75c 1 5-15 6- 1 5-15 93%c 6- 1 5-15 85c Co., Ltd,— 6- 9334c (quar.) 6- 1 *25c 6-15 ' 5-15 50c 5-31 5-17 6-30 6-15 25c (quar.i 5-22 6- 1 5-22 6- 1 5-22 75c — 1 5- 1 4-26 25c Midland Oil $1 conv. pfd. (quar.) Midwest Packaging Materials Co., _ 5-20 6- 10c — 6-10 10c 8IV4C common— 6-15 6- 5- 1 4-22 5-1 4-22 5c com 12V2c ^ 1 New April $10 28 to May to $4. to will Missouri preferred Morgan (J. A P.) Co. Container Corp. National Cylinder Gas Co., preferred (quar.i. t25c 6-15 5-25 9-15 8-25 12-15 5- $1 $1.75 1 4-24 1 ; common. 1 (quar.), com. 1 5-10 Warehouse (s-a)—. (quar.) 130c 6-10 5-29 (quar.i, — ______ (quar.).! $1.50 Oil Grocers 5-13 6- 1 5-13 50c 6- 1 5-19 6-15 6-1 5-15 5-1 15c 6-10 5-15 20c 6-10 5-10 6- 1 6- I; Co.. Ltd., (quar.i Britain Cooker Co. Inc. Gas 9-11 8-25 7- 1 6-15 7- 1 6-15 7-1 6-2 15c 6-30 (quar.$1.06V» pfd. 5-15 (quar.i Light 5-26 J40c Co.____, 4V4% 5-10 6-10 l$37V2c common 1 20c 7- 1 5- 1 10c Co. 5-31 5-17 40c (quar.i 5-10 York, Chicago & St. Louis preferred A (accum.) 6% RR. 1 York Water Service Newfoundland Light & Niagara Class 6-20 3.40% 3.60% 6-15 5-18 $1.12 ya 6-15 5-18 3.90% Noranda Mohawk A (quar.) Corp.. (quar.i,: preferred Mines, 6- 1 5-23 6- 1 5-10 35c 6-30 6- 9 .'30c preferred preferred common,' 50c J25c Power Power 6-2 (quar.) (quar.) (quar.)—,, Ltd, (interim) ' 6-30 : 6-30 6- 9 6- 9 5-10 5-31 5-21 20c 6-23 6-16 20c 5-10 5- 3 5-31 5- 9 f20c 6-15 5-31 f35c 6-13 5-31' 5-15* (quar.) Paper Gold Dredging, Ltd.. Electric, Ltd.— common , 20c 6- 1 92V2c 6- 1 5- , 3.70% pfd. 7 C (quar.) 1 1 5- 1 6- 1 5- 1 $1.50 7-14 6- 5 $2 6-15 6- 5 $1 6- 1 5-22 Gas Light & Cuke Telephone Corp, (Butler. Pa.) — (quar.) preferred iD.\i Company Mfg. Co. (see Pepper) Dr. (quar.) 75c Inc. Mulliken Company $3.65 preferred preferred 5-19 9 5-24 6- 1 5-15 6- 1% 5-15 Crow Gold . 20c 66- 1 5-11, 66c — Mines. ■ 91V4c 6- 1 5-11 (initiali Ltd 1 ' 5-11 4V4% Inc., Corp. of 20c 6-12 5-29 7- 1 6-20 6-30 5-31 40c 8-15 8- 6- 45c 6- (quar.) (quar.i, 53V«c Canada,, Transport 6-30 J50c common preferred Provincial tlOc 20c Pitney-Bowes, (increased s-a) Extra Public 1 6- 8 .. common (quar.i $3.95 Power 6- Co.— 25c Philadelphia Suburban Water, Pickle 5-12 5-10 25c (quar.i^ 5- 5-20 $1 Corp 5-8 6-10 25c. - 5-15 50c 40c (quar.) 5-15 50c Paul, Service Common 3V2% Co. of I 5-15 1 5-15 87'/2c 6- 1 5-10 $1.16 6- 1 5-10 quar.) (quar.) preferred 1 Indiana— (increased preferred 4.64% 5-31 (quar.) Puget Sound Power <fc Light, $5 prior pfd.—r- Entlre issue called 31 at $110 for redemption on May share plus this dividend. per 64c (increased quar.) Remington-Rand, Inc., com. (quar.), $4.50 preferred Revere Copper 5V»% Riegel (quar,), Si prior 5% preferred A Co., 5-15 1 6-15 7- 1 $1.25 6-12 6- 2 6-12 6- 2 Ltd., Class 1 5-13 6- 1 5-15 5c A t lOc * ' tlOc (quar.) (H.) & Chemical A Oil B, 5-24 6- 1 5-15 6- 1 5-15 6-1 5-9 t30c (special!,,. 5c 12V2c & Flour. Glass S. 5% U. S. 8% $1 6-1*2 5-19 (quar.) 5-1L Car Georgia Molasses, Ry. . 5-31 % 6- Co., 25c 6-15 6- , 5-21 pfd. (quar.) 53'/bC Assn. (s-a) $1.75 iquar.) 5-12 7- 30c - —- 5-15 5-20 1' 5-31 5-19 1 6-15 6- 5-19 5-27 ,, 5 65c 1st 5-13 5-15 , 6-15 $1.12V2 10c (quar.), common (irreg.) t 1 5-12 Ltd.— Co Inc. , 1 6- 5-12 ,5-18 1 6- 50c preferred Railroad Co. 6-1 5-26 +12V2c (Canada), Co.. . 5c : 50c Company, 4V4% 6-17 , 6- 1 5-15 5-10 Ltd.— registered (final! al7V2% 2V2% Printing & Lithograph Rubber 5-10 50c (quar.i 50c Bearing preferred 5-16 ' 5-16 * , (quar.) & Mfg. Chemicals. 1st 1 5-24 25c 4V2% Greenbush Ordinary 6- 6-1 10c Jerseyi Carson Alabama 5 5-15 5-16 30c (increasedi preferred Tank 5- 1 Company— Pearson 'Trailmobile 5-20 5-29 6- 20c Symington-Gould Corp. Syracuse Transit Corp. Talon, Inc. Roller 5-10 6- 40c Drug. Inc. (quar.i Superior Tool & Die Company Tex-O-Kan 5-19 5-19 $1.37V2 (quar.) Sterling Tennessee, 5-9 6-15 . Co (s-ai (New 1 25c — Co. 5-19 70c : Platinum & Inc. common conv. 5-25 25c (increased) (quar. i Tube 6-15 i$1.25 Products Golc! Products, Standard 5-25 6-1 Sons, Ltd., com. (quar.i Standard U. 5-15 5-25 * 6-14 (quar.) com. Company $5.50 2nd pid. Queen Corp., common United 1 6-15 40c (quar.) American United 6- 22c Spear & & 5 5-15 62V2c Strapping, Sivyer Steel Castings-.,, Union 5- 1 $1 preferred (quar.i Simonds Saw & Steel Co. Troy 6- 6-15 (The) 5% Timken 4-27 • 25c i (quar.) Steel Thatcher 5-15 15c preferred 5% 5-18 70c : Investment Manufacturing Corp. Solventol 6-15 37V2c (quar.) common Sharon Railway Signode " 6- Extra Taylor. 6-15 7- 1 35c t6«/2c International 4% partic. preferred Serrick Corporation, class B Class 5 1 7- (quar;) Management — Canadian Class 6- 6- Paper Co. Croix Second Speed 6-1 < 15c St. Sport 7-10 ' 6-15 "$1.25 Works Royalties South 1 6-10 - 30c (quar.) Metal Royalite Oil Co., Ltd. (quar,) Roxy Theater, $1.50 preferred Simon 8- - $1.25 Extra 5% 6-# 40c (quar.) preferred (quar.i Art Sheller 5-15 6-9 7-1' 37V2c preferred 5% S 1 7-1 $1.31 V* (quar.) 1 quar. )w & Myers $1.50 partic. pfd. (quar.) Rockwood & Company, com. <quar.)__— p. Robbins Ronson 6- #1,12% ' Brass, Inc.— preferred Paper C01 5%- 5-31 50c 25c Ray-O-Vac Company A 5-23 7- 3 5-23 6- 1 5-15 7- 1 6-15 common,, (quar.). Company, preferred 7-3 75c 62V2c Co., 75c 6-10 5-15 —r?«$2 6-10 5-15 common (quar.) Upper Canada Mines, Ltd +2V2c 6- 2 5-12 65c 6- 1 ^ 5-17 6- 5 5-17 6-9 85c 5-25 10c — Co.— 7- 6- Extra 4-27 $1.50 3 5-20 6-15 25c Corp. (quar.t_i., Co._______ Bonus 5-18 , 16-15 5- 6-1 $2.50 6- Pfaudler 5-10 tl5c (initial) com. 5-11 40c Phelps Dodge Corp Philadelphia Suburban Transportation Quarterly 6-15 1 $1.18% Corp., preference Nesbett Fund, 6-15 30c 1 6- $1.06 Pressure $1.10 common 7- 5-10 6- 5-19 $2.50 — 4-24 6- 6-16 100% 1 (Del.),,, Hosiery Mills. Ltd., class B New Co., 5-11 10c Gas & 11-25 5- 1 $1 25 (quar.i (quar.i New 6- 25c (quar.) preferred 55c $1.50 — <s-a) $1.01 Pettibone 5-20 $1.15 (quar.i, — Tool 5-25 6-1 25c , (quar.), Company (stock dividend Company Neiman-Marcus 15c preferred common (quar.) Machine National New (guar.) 4.60% Co., National ef¬ t25c preferred Power, Utilities Monarch $1.50 effect be 15 class Tea & 6-10 80c Light Co. (quar.),,— Development Company National change t25c Pacific Power 40c quar.i (quar.i National Change Ltd., pfd. A conv. Mississippi 5% (initial common 3.20% (quar.), Y.i Extra 5-15 62V2c (quar.i,,, 5-15 $1.10 5-26 — pfd. 1 (quar.i Pepperell 5-15 - 6- (quar.) Peter 5-31 20c (quar.).- Company Corp., preferred 6-1 50c- 40c B 5-15 tl5c tl5c Common Co.— (quar.),,,, $8 1 5-15 iquar.i, D Pepper 1 6-15 8- 5-15 1 preferred 4'/2 % 5-15 6- (N. (quar.), preferred iqu.ar.) Wilcox-. & Common 5-15 t25c (quar.i—^ 434% 35c Utilities, 5-25 (auar.l— 4,'4% suc- ' Terminal & 3 tl2V2c partic. preferred (quar.)—— Participating Metropolitan Storage Warehouse Co National split. 6- ,31 'Ac. $3.25 Muter 4% on 6-14 1 preferred Peoples 6- 2 5-31 — preferred common preferred Mission $31.50. 4-28 about : Corp., Textile 5% 4-29 6-30 6-14 (reduced) $3.75 preferred (1947 series) $3.40 preferred lquaf.t,^,, Minnesota pre¬ Company preferred #4.50 $1.25 37V2C 5-31 action no or Atlantic #4.40 7-10 $3 (quar.),,., Gulf . 5-11 1 5-15 value from Extra 7% $2.50 5c Company, (quar.) Oraniteville Great McCord 8- 5-15 15c — Mc-Coll Frontenac Oil 5-15 5-24 $1 Ltd., voted for A a 5-13 1 6-12 $15 declaration for the second on & Class 1 6- Co Manufacturing fected Grafton 6- quarter. Stockholders ft t$l (quar.i Co. Directors took Gorham 5-17 6-10 6-15 , Minneapolis-Honeywell Regulator— Goodall-Sanford, Inc., ,4% cessive 1 25c ___ State dividend 6- 25C arrears Mfg. Company,,. Extra . i (quar.i, Corp Investment, Ltd. Brewing Golden 5-17 $1.50 (accuin.) Bennett Oil Gocbel 5-15 93 %c 5-15 60c Conveyer Co.. (quar.i May Department Stores Co.. com. $3.75 preferred (quar.>_— Metal 5-15 5 7V2C Mathews McConnick 5 10c — (R. C.) Company— Massey-Harris Co., Ltd. 6%%- 4-29 5-25 66- 6- 6- preferred Stow Peoples 5-15 t20c Mahon 1 6-20 1 .5-25 Paper Co., Ltd 1 1 5-25 6- 46c Ltd.— Company, common $5 non-cum pfd. (quar.). 9 6-15 6-15 20c -a-—,, Macmillan 5- 7- 5-17 6-15 Ltd., class A (quar.i 1st 6- 10c 5-17 5-31 37V2c 6% 6- $1.25 (accum.) Company stated that GUbert 6- 2 Castings— $6 prior preferred Tin 6-15 (quar.i__ pfd. (quar.i Precision Equipment 8teel ■ (quar.i preferred General ferred 5 (quar.i,,. & General General 1 6- 10c (quar.i Printing Co. General Motors Corp., common #3.75 preferred (quar.) : #5 preferred (quar.) prior 6- 5-31 5 7-1 —— (quar. Maclaren Power <fc 5-27 5- 25c Cor]).-— 75c pfd. Fireproofing Co Industries, 5% preferred Phoenix Aircraft 75c 4% America #6 Taylor, 6-15 5-17 23%c — Mackintosh-Hemphill Co. 6-15 7-11 1 20c — 50c (quar.i General $1 Inc.* Lord 6-10 5-25 8- 37'/2C common +25c (quar.i (extra I com. General General Loew's, 5-15 5-19 6-1C 15c Sons, $1 Ltd. Co., preferred (quar.) Galr. Co. 5-15 1 20c . Trailer Fruehauf 1 6- $1 Co. Brothers Frciman 6- 15c 1 5-11 $1.18% „^ &• 1 tl2%c 5-15 25c Company Mineral Extra 5-15 1 Lockheed 6- 30c — (quur.)— 1 50c #4 preferred (quar.i Foote B 6- 6- 5-15 (quar.)— — #1.25 (Initial) common new <fe Loblaw Groceterias Co., Extra 6- 25c Doote-Burt Common A.) 50c Quarterly Flintkote Company 25c approved a two^for-one split. Connell Dredge & Dock Co.— 5-15 1 — (quar.) Brothers, Ltd., Stockholders 1 6- (quar.),, (increased 1 Lang Wshman 6- Inc. Lewis Lane-Wells Class com. Ltd. 5-13 . 5-15 Co.— preferred conv. Shore 5-15 coin I Industries,, 5-20 " 6- $1 Key .Company ,,— Keyes Fibre Co., 5.60% preferred (initial)— 5-25 Company, preferred (quar.) 5-15 90c 4.40% 5-15 25c 30c Carpet 6-10 after 4.05% 5-15 — La 5-15 1 1 40c — 1 6-30 66- 1 (quar.),,— 7- 1 6-20 6-15 1 (quar.) 7-15 7-31 1 75c Corp. Knudsen 6- 6- 7% ' 5-16 1 6- (quar.) Chemical 1 50c 6-15 6- 30c & 1 *50c Pennsylvania 30c Keystone Custodian Fund Series S-2 Kingsport Press, Inc.'+• (quar.) 5 5-23 25c 15C With 6-2 94c Co. Manufacturing Co., 6-20 41 %c A Paton Peck, 6- Corp Aluminum 5% 1 30c 1 30c 6- 8-30 5-31 (Del.)— 6- Ltd 32%c Interim 9 30c (quar.)__. •fflectric Products. 5-11 5-15 —__ of California 5% Parchment 9- 93%c Co, 7- 60c 6-10 Co.. Consolidated 6-10 97'/2C 7-14 8-15 5-19 25c (quar.) com. Kentucky Utilities Co., common 434% preferred (quar.),— Kern County Land Co. (quar.) , 6- 1 $1.25 equai'.) Year-end 3 Pato 160c (quar.) 5- 9 Heating Bfcjarda Sugar Co :KUrtTB: L_— 1 shareholders amount Transportaion Co. Paterson 5-19 Johnson— 2nd Jones 5-16 1 t25c <s-a) Mfg. Co. (quar.) Jaeger Machine Co. (increased quar.) 5-16 25c pfd. (s-a) (increased) 7- , 6- $1.12V2 common Corp. Electric t40c Ltd Fireman 4'/< 5-12 6% 6-12 (quar.i 5-11 Economic Paragon 6-30 18c (quar.) Johnson & 6- Canada, Corp. Co, 5- Corp. 1 tl5c Palestine 17c Ltd. Utilities preferred 1 Ltd., 5-25 Corp. Reinsurance 5-10 6- above. Co.. Insurance 20c (quar.)___ preferred 7- 6- Service Southern of Gas preferred 3.75% 8 Co. Products Natural Iron $ 25c Nickel 5-15 «k 5-.15 1 shown Machinery Co. Mfg. 6- J37'/2C 6'/a% preferred (accum.) International Cigar Machinery 6- 50c fbnployers 5-8 6- t25c common partic. preferred (quar.) 6V2% preferred (accum.) 60c Hnamel Ltd.. convertible (quar.i,, Mlccfcrolux 6-23 J12V2C & Package Parmelee Interim 7-15 (quar.i.; 7% J25c Imperial Tobacco Co. of Canada, Ltd.— 7-15 (quar.i pfd. A 1 Pacolet Ordinary registered (final), Imperial Oil. Ltd. (s-a)„, 6-30 $1 (quar.i 5-20 (quar.),, is Power 5 4-26 usual the to (quar.) prefeired 50c — 4.801c Rubber net $4.40 Manufacturing Co. (quar.i, Brtgewater Steel Company (monthly! & The $3.60 Tail 5- 1 37V2C (subject 5-11 81V4C — Baton Hose V2 %. deduction Otter 5- S 5-1 $1.50 — non-resident 5-11 37'/2c $1.03'/4 — Creamery (Calif.), 60c preferred (quar.), Kochring Company _ Company Utilities — (quar.i Hosiery Mills, 6% Hkffle-Plcher 7 6d 2s 1 $25c (quar.) Ltd., of tax of Africa 6-1 Ltd.— Company dividend South 6- 25C (quar.i preferred preferred Driver-Harris 9* 5-16 Kaiser ——,— Company, 5-13 5-29 Corp.— Company Co., 5-13 1 6-15 $1.05 — (increased convertible 6- 1 6-12 $1 (quar.i——,— Chemical 1 6- 6- 6- 20c 25c (interimi,. 50c 50c ... _ Doiumcona 30c shares $1.50 25C quar.i —— Dr. Pepper Company (quar.),.. Dominion Tar & Chemical. Ltd., com. (quar.) Common voting trust certificates... Dow 7- 10c 87V2C (resumed) 5-15 (irreg.i 5-15 5-20 5V2% (quar.). preferred A 4V2% O'okiep (quar.) 6- 1 1 — preierred (quar.),,,,,.,— preferred (initial quar.i __________ Copper Co., Ltd — 6- 1 Corp.— Securities Car American Corp. 6-10 40c ....— (increased quar.) preferred (quar.)— preferred (quar.) Inc. 5-13 (quar. (Columbus) 6%; Inc., 30c 30c 2nd Motor 5-15 Coal Ben Omar, 55c $20c (quar.)..— Common T 75c Old Manufacturing Co. (quar.)____ .1, Lighting & Power Co.,-,.Howard Stores Corp., common (quar.)-,,, 4V*% preferred (quar.) Hudson Bay Mining & Smelting Co., Ltd.,, Huttig Sash & Door Co.. new com. (initial), 12V2C (quar.) Zellerbach Corp.— Houses. 5-17 5-15 5-1 Houston — (quar.)— International preferred Co. A 6- 1 $1.12V2 (quar.i, Co. Hobart —, A Diamond 5-31 6- 1 5-15 Co.— common preferred 5-6 5- 8 6-1 6-10 Quarterly 35c —- pfd. Insurance 5-10 25c Forster 5-17 6-1 (quar.i 4Va% Co., Life 48%c (accum. I 45c . Ltd.—,— Co. Crampton Manufacturing Co., & 5-31 preffrrcd. Power 5-15 50C (quar.i Cork Utilities Glass Chemical, Imperial Varnish (quar.i (quar.i Products 5-17 :.i 50c Co. 5-17 50c 1- — Mills, Co. 5-31 6-31 $2.20 7-10 Telephone— 1 $7.50 common Casualty Range Ohio 5-17 5-20 class A for extended to been Power 5-17 5-31 Ohio 6- 5-15 5-15 5-17 55c 5-31 Ohio State 3-15 t$1.13 10c t$1.50 (quar.i Associated 3 11-3 1 * 6-1 6- 1„',_ 6-10 8- 1 6- 33%c _, preferred (quar.i: Nutrine Candy Company— $1.25 (quar.i Continental & preferred (initial) Ltd.— 5- 5-10 11-10 20c 4'/2% 5-17 (quar.) pfd. 3.90% Company Electric 1st 6- - (quar.i Textile Copper >#1 6 Vc 75c (quar.i (quar.i exchange Assurance * Havana Heyden 3V2(/« common., Continental Dobbs 4 Hazel-Atlas International Consolidated \ 7% 5- Empire J com, (quar.i, Co., 6-26 t$l 4% 5-17 5-31 preferred 6-2i Co. (quar.), 5-17 5-31 8c Electric Light, 5-10 Milling & Elevator Co. (quar.) Coppermines Corp. (irreg.i Crum 5-15 preference 5-31 6c Utilities 3 $1.50 stock Stores, #4.20 Hartford Hartford 5- 5-15 Colorado $4 5-12 4-28 Consolidated Crown 5-12 1 1 Central Class 1 5-15 - I 6- Colorado Crown 6- 6- 50C Power & 12 Vac Company preferred preferred Coro, 59C 62 VaC 19.,. Coca-Cola 4% 1 (entire issue called for redemp¬ June 30 at $52.50 per share plus common G% 6- 5-25 dividend). May Tobacco 27 VaC 5-10 (quar.i Company; #3 class A tion 5-12 — — <s-a>- preferred 7% preference $3 Company Coca-Cola Steel 25c preferred .(quar.i——— Clorox Railroad Light 3c Stock 5-15 5-12 6% 5-18 7-1 (quar.i com. preferred series A conv, Scotia 6c Equipment 1 preferred 4.50% Nova 5-25, i •: 35c ———.—35c Phaimacal Company, 8c Bond — Railroad $3.50 — •Chrysler Corp. ——a— dark Equipment Company, com. (quar.i — •> Railroad 4-29 Insurance Service,1 8c 5-25 5-15 1 5-17 • — Life 5c 6-15 6- 5-17 7-13 $1 v/ 93 %c 20c (quar.) $1.12V2 (quar.i,4.,,——$1.31 V4 preferred 5V4% Norwich 5-17 5-31 8c — 6- 5-31 5-31 4V2% Public — \ —- Northwestern 5-17 5-17 National Holders Payable of Reo. 15c (quar.) (Minneapolis), common Common 5-17 5-31 9c Petroleum Share (quar.i Co. Greyhound Lines preierred (quar.i Northwestern When Per 11c Mining 6-14 20c 5-31 5-31 10c — : 6-14 40c Engineering 8c 10c He Bond 1 ; Co Belt Chambersburg 5-17 * Company 6-28 40c Soya Quarterly Chain 5-31 Priced $1.12 5-31 7c Institutional Investing Low 30c com., Company (quar.i Central Surety & Insurance Co. (Missourii—• Central 5-17 5-17 • Machinery U5c — preferred (quar.i — preferred (initial quar.i—.——. preferred (initial quar.i „ — #1.10 5-31 5-31 Bond 5-15 1 5-17 He Merchandising Estates, Inc. <s-ai —— Plrie, Scott & Co., 4Vs% pfd, (quar.i Carson. 6- 2 3%% Monday, May 8, 1950 . .. Refractories Northland 15c Administered 1. 6- 1 North 5-17 5-17 7c t$l — Ingersoll-Rand Co.. Ltd Lamp Co.. Ltd. (quar.i Canadian Industrial $50c > (quar.i- Canadian General 6- 2 Ltd.— Ltd. Foreign Investment Corp., Canadian Ice Machine Co., Ltd.— A 5-29 7- 3 5-17 5-31 . ■■ Pennsylvania RR. 5-31 —- —1 Food < quar. I preferred (quar.i Fairbanks-Morse Co., 5-19 I■ '1*• American 5-31 — — Equipment 6-15 *70c (quar.i— common Canadian Class Chemical Electrical Fully (quar.) Cottons. Canadian 5- 9 5-20 J37 VaC Burton-Dixie Canadian 1 1 i - — 66- * Name of Company 10c ; 6c Building 25c 5-31 V;.'!^■■ 10c — Aviation 30c Holder$ Payable 0/ Rec. North Automobile 5-12 75c Co share 8c 5-15 1 6- Concen¬ & — Manufacturing (F.l Burkart ' Inc.— Agricultural 5-25 50c 37 Vac (quar.i Group Securities, 5-19 1 6- $1.25 — Buttalo 5-19 6 6- < Name of Company Payable 0/ Res. 25c When Per Holdert When r-er Name of . 90c 97%c f$l 6-30 - 6-30 6-9 6-15 5-12 Van Raalte Company '(increased WJR, The Goodwill Station, "Walgreen 4% Company, preferred common (quar.): — Inc._,_Jwe.—10c (quarf*>ril'=?--_ 40c i - 6-12 5-15 $1 6-15 5-15 Volume 371 Number 4905 . . The Commercial and Financial Chronicle . Per ' Name of Company Mfg. (Wise.), common preferred (quar.) ; $3 (quar.) Will & Baumer Wilsil, $1 & Candle Co., New Grocery common A 5% 20c Woolworth (P. W.) & 6-15 4-28 5-15 Best 5-10 Bethlehem 6- 7% preferred Bigelow-Sanford 1 7- 3 6-10 $75c 5-25 6-15 1 6-30 $$2.50 6% Corp. 5-15 6- 8 5- 3 6-15 15c _ 6- 5 Borden this week, these Bourjois, Per A T Share P, (quar.) Inc (increased) Agnew-Surpass Stores, Shoe Canton 5% & $3.50 Gas 5- $2.50 (s-a) 10- 1 preferred (quar.) Alberta Pacific Consolidated Oils, Ltd— Alles & Fisher, Inc. (irreg.)___ AllianceWare, International Kid Allied Stores 4% Co. Investing Corp.. Inc. Aluminum Co. of Canada 5- 7-20 "American Business American Can American Co. pfd. Furniture (quar.) 40c (quar.) American Home American Investment Metal 4V%% preferred American News B Corp. of (monthly). Illinois 5% 7% 7% American Amoskeag Company, A 1 6- 1 6- 1 5% pfd. $5 (s-a) <s-a)_. 6-24 6- 6- 1 $4 6% 1 6-15 6... 5-15 7- 5 7- 5 6- 1 8- 1 7-21 11- 1 10-21 1-20 -.rn.rn.mm Extra 75c (increased) 65c 6% 1st 2nd 6- 1 5- 1 8 Topeka Imperial A (quar.) Diesel Mines, Electric A 6-, 9-15' 1-2-51 12-15 1 class A (quar.) Caterpillar 4.20% 1 5-12 6- 1 5-12 1 5-12 Case 1 6- 7- 1 6-1 5% 6- 1 4-28 Central 6-12 5-15 4% 6-12 5-15 Central 1 preferred Central 6-16 Central Louisiana 6- 5-10 Central Vermont Ribbon Hollywood 6-15 5-19 $10c 6-15 5-19 Common 35c 6- 1 5-15 $4.50 £-31 5-16 $1.75 4%% preferred Eathurst Class Beech Power & A Eeacon Beck Co. (A. ; Aircraft Corp. preferred Eelding 50c » (quar.) (quar.) 61.50 $1.18% 20c €-15 5-31 6- 5-17 3 6-29 7- 1 , 6- 9* 6- 9* 6- 1 5-15 6- 1 6- 3 5-10 5-15 Co. iquar.)___ ;___ 5-22 0 7- 3 5-31 $$1.75 (quar.. Eeminway 6- 1. 7- 3 5-31 30c 5-15 5-15 6-15 1 6- 1 5- CO 1 5- 1 4-14 7- 5,(-31 5-22 5- 2 5-22 5- 2 $70c 6-15 5-1.5 170c 12-15 11-15 — 1 7- 125c , ; .l . 4% 4% preferred Service 5-31 City Machine 6- $4.50 Electric preferred €-10 3 9-19 '5- & 10c 8-15 10c 11-15 — a- »i' 11- o- 5-15 7-15 10-15 6-18 5-20 5-15 i 4-28 Class Derby 6- 5 8-1. $1 11- / 50c 1 6-12 6-17 5-20 7-20 5-29 6% . 5-15 Dickey 4-28 Dixie 5-10 4-20 $1.05 5-10 4-20 30C 5- Quarterly 2 6-30 4-28 25c 5-31 6- 5- 17c 5-15 6*15 6- 60c 6- 1 7- 1 6-14 com. (increased) 5- 6- 9 5-31 6- 1 5-20 5-26 5- 9 25c _ 50c 5-1.5 5- 5 ' 5-15 4-17 45C , $2 8- 1 7% 1 6- 1 4% 1 6-15 6-12 5-12 40c —— 15c (quar.) 6- 1 Dun & 5-15 5-19 5- com — 5% Duplan Corp. 1 7- 1 0-15 1 5-15 East 60C 5-15 4-20 Eastern $1.12% 7- 1 6- * A.) 4-24 5-20 5- 6 6-20 6- 5 50c 5-15 5- 5 8-15 8- 4 11-15 11- 0 6- 1 5-15 6- 1 5-12 9- 1 8- 8 5-10 4-29 6-26 6- 9 62'/2c 7- 6- 9 20c 1 6-20 9-20 6-15 9-15 5-15 5- 7-31 6-30 5-31 5-17 6-30 6-16 1 1 5-15 $40c 5-23 4-28 $62yzc 6- (The), 6% — Gas — 5-15 1 $1.75 5-15 5-24 5- 3 6- 1 5-19 7- 1 6-20 5-15 5- 4 5-15 5- 4 35c 5-15 5- 5 1 6-20 50c 6-15 6- 1 6-15 6- 1 25c (quar.)—« 7- 35c 93%c — 6-10 5-20 S0C 6- 9 5-19 $1.12% €-30 6-10 10c 5-15 5- 1 10c — Ltd. 5-15 5- 1 $1.25 5-15 5- 1 8- 7-20 25c — Fuel 1 6- 10c (quar.) (s-a) & 6- $50c 25c (quar.) (quar.)— preferred 4-14 15c Company, common A. Mines, 5-18 5-15 $25c 1 $1 (initial) 5-15 5- $lbc Dwight Manufacturing Co Sullivan 5-11 6-15 $1.25 common— common 5-11 5-26 $$1.12% - 5-26 $$1.50 $37y2C —— preferred 6- 9 <C. Common B ; 15c (quar.)__.._ Bradstreet, preferred Dunham $1.37% (quar.) i 5-15 $$1.25 Corp., common preference (quar.)——. 4 V2 % $1 ; 4-24 Ltd.—- preferred——— Industries, Inc., common 334% preferred (quar.) Drewry's Ltd.. U. S. A. (quar.) 5-10 6- 4-23 25c <quar.)_—;. Company convertible Dravo 5-10 $1.25 9 5-15 25c preferred 4% 7-20 6- $1 ; Illuminating Co., (quar.)__ 35C : 5- 15c (monthly) Dresser common—' 5-10 5-10 $ny2c — Drackett Co.— Co., — 5% 5 5-15 25c quar.)—. RR. — Mfg. Co. (Indiana) (quar.)..— Mines, Ltd.——_—_— Dominion 1 $1.75 — 6- 20c preferred (quar.) preferred (accum.) Stores, Ltd. (quar.)—— Donnacona Paper Co., Ltd., 4V2% convertible preferred (quar.) Donohue Brothers, Ltd. (quar.) Special. Douglas Aircraft Co. (quar.) Dow Drug Company, common <quar.)__ 5-13 $1.12% 5-10 6- 6- ;■ 25c ... . : 5-1 5-10 75c — 5% 4-24 35c 1 66- Dominion Scottish Investments, Ltd.— ; 1 , 6 37%c — (quar.) & Anglo Investment Corp., preferred (quar.)—; Dominion Bridge Co., Ltd. (quar.) 1 5-15 25c 5- 50c 5% 4-29 6-30 45c v;.: 9- 12- 6 75c Dominion 6-17 5-31 1 37V2C Monthly 5-15 6- 50c (quar.)— (quar.) Dominquez Oil Fields Co. $1 ______ A 7-15 22 %c (quar.) class Dodge 5-15 9-18 12-18 35c (quar.) Dome 1 1 25c (quar.) 6-12 5*16 ' 6- 6 25c common 5-15 5-31 30c 9 6- 9 25c — Mfg. Co. 1 6- $1.25 6- 50c — S.) Clay 1 7-31 9-10 5-10.: ■ 6-19 $37V2c 50c Company, 7- $50c 1 35c ._w— Yard Dodge & Cox Fund 6-12 i 7-'l^ $3.50 25c iquar.)_ (quar.) 7- . $$1 common $2.50 7- 6-19" ••. 50c (quar.) & 5-31 $1.75 (irreg.) common (W. Cup 75c 50c Company iquar.)_— participating preferred (s-a)—— 1 V 50c Match Diamond 1 5-31- 50c Co., class A voting common (quar.) Denver Union Stock 10-20 6- 75c (quar.) A Gas 5-10 — —-—— Derby Oil Co. 50C (increased) (quar.) Ltd., class A (quar.)— Electric (quar.) (Kansas)—— Detroit-Michigan Stove, 5% pfd. 5% preferred (quar.) 5% preferred <quar.)__ ' 7- 10-20^ 40c $17j/2C Dennigon Mfg., . '$1.12 ML' $1.12 Mr B Delaware Rayon 50c Service—; common 7- 9-30 (quar.) A 4-17 50c Corp. ' 6-14 , 5-15 (quar.) & Company, common f, Special 7% preferred (quar.) 50c (quar.)—— Co., preferred Cleveland 5 4-2 U $1 (quar.)_ Investing 5 Wo Clearing class $2 5-16 — City Auto Stamping Co 5- 9 c V" preferred 1 i (s-a) Co. 14-20 2 6-30 10c preferred (quar.) Mfg. Co. (Missouri).;— Curtis Publishing Co., $4. prior pfd. $7 preferred (accum.) Curtlss-Wright Corp., : ' $2 class A (quar.) $2 class A (quar.)— $$2.35 Cincinnati, New Orleans & Texas Pacific Ry. Co., 5% preferred (quar.) Cities 4V2 % 5-35 — Machine 5-15 6- $1.75 Curtis $$1.25 Co., Ltd.. (quar.) Milling 1 6- 4-11* 5-23* — $10C (increased) preferred Cincinnati 9 5-19 6-15 $1.75 — Clothing, $25c . (quar.)— Co. & Electric, ' 5-13 '4-30 .6- 1 1 25c — Semi-annual Curlee . $$3.75 i Gas (increased 1 6-15 ; Class Mills, Company 1 5-12 ; 5-15 6- X 6- 1 6- 6- 4-18 v ,V 4J/z% (Irreg.) Bldg., common preferred 6- $2 preferred (quar.) Corp. (s-a)— Deere Electric 5-15 $$2 preferred (quar.) 6- 5 6-19 6-10 $50c ^ 6- 5 50c., (quar.) > 5-15 6-10 $1.50 (quar.) Co., 5-15 5-15 $20c Ltd Extra 5-15 5-15 Sugar 7% 1 Ltd. Co., preferred 7% v--— ■ Co., Coal 5- ;____ Cincinnati Gas $$1.50 7% Cuban-American Seal & Pass Forster, 8% 6- Corp. Cincinnati Inter-Terminal $1.12 »/2 (quar.) pfd. 1. Cork Nest & 1 93 %C (quar.).._ com. 1 6-19 $$1.25' —_———— t25c Service, 5-31 $50c S.) Shoe Corp., 4%% 6- $50c Ltd... 5-20 $62 %c <quar.)_ (quar.) preferred 5-15 $$1.12% (quar.)__ — 6-30 Paper, Ltd.— Mfg. Co., 6% Crum common 6-10 75c (quar.) Crows 6- 5% pfd. (quar.)__ Co., Ltd. 25c common Crown 5-25 5-19 6- $$1 ; 70c ——— (quar.) Co., 4-29 9 6-20 50c Co., Inc., (quar.) $32 %C Culver Copper -Co.— Chilton (quar.) 5-15 Cork & Seal preferred $$1.50 Chile Oil $2 ' 6-13 Manufacturing Crown 4-29 $15c — 9-12 Barnsdall 4-29 com. A Investment Trust,, 1 Eates 4-29 5-15 X 6- $37yac : 6-15 6- 6- 1 $12c — Dayton Power & Light Co. 1 Ltd.— 5-15 (quar.) 1 6- ..; ; .i: 5-10 1 7- 6- 6-15 75c Imperial Mills, Ltd Company, 3%% preferred-(quar.)— Crompton & Knowles Loom Works 27 %C 6- $1.13 30c Crane 5-5 7- (W. 5% preferred 5-25 62>/2c Cosmos 4-29 6- 10- Barber 4-29 5-10 125c 63/4C Savings 9 5-19 ;6-15 50c common... 1 —— Ltd. Ltd., 5-15 Co- _ Public Co., Davis Leather Co., 8Y4C Barber-Ellis of Canada, 6- Box 5-31 (quar.) & 5-15 15c Paper 6-19 (quar.) Trust 1* 7-..1 75C Co., 7- preferred National 6- 5-" t> 6-15 $15c preferred 7- preferred (quar.) H.) Company Steel conv. *$2 conv. America t 6- 9 1 1 5-22 .6-15 25c (quar.) common l$1.12,/2 conv. Association ■ 25C (quar.) Corrugated $25c 7% ■ preference 6-30 Ltd.— 7% Steel Corp. 77- -$1.13 3iy4c -I — 50C (quar.) Inc. (quar.) Champion Paper & Fibre Co.— $12'/2C 1 10c — 5% 25C West 4-24 quar.) prior (quar.) 7-28 (quar.)—________ South Century (increased Paint & Varnish, $3 pfd. $$3.50 $75c common Public Common Inc 5- • Foundry Co., common preferred (quar.)— 5-10 Ltd.— "5-19 1 6- —... Co., 4'/2% (initial) 5-15 $20c pfd. Central & Co. 6-15 $2GC Natural Co., 6-30 1 Cook 5-12 (quar.) Gin $25c (quar.) (quar.) $2.50 $6C 7 33c (accum.) Products, Illinois 6-15 6-15 u, 1 75c com. (quar.) iquar.)_ ^ Corporate Investors Ltd., class A (Increased) Company (quar.) Tractor Co., common 56'Ac (increased) 10- 6-10 preferred Coffee Copperweld & Knitting 7- Co.— Co., 10-28 5% J . Food $1 . Cook 7 $10C preferred $2 common Continental 7 3 Shares, Ltd., preferred I.) Company, (J. 7% Catelli $1.50 (s-a) 7 7- 6- Corporation 8 6- 710- 6- __ preferred (quar.) preferred (quar.) Carpenter Steel Co. (quar.) 8 6- 6- 40c 4-28 4% 6- 1 1 93 %c 5-15 Quarterly 6- 7- 7- 5^" 5 (Interim) com. 1 Quarterly M.) 30c -4-28 (quar.) 1 — Cos., Ltd Utilities, Ltd., Western Co., 62 %C pfd. Oil (A. 5-10 1 5-20 Corp. (quar.) Continental Copper & Steel Industries, Inc.— 7-28 Canadian Western Lumber Carrier 4-17 5-31 Commercial 62 %C Foundry —. preferred Can $3.75 -preferred 7-28 — — 6-30 6- Continental Continental 6- (quar.)— International Canadian . . 5-15 Ltd., (quar.) Alcohol Co., Ltd.— Insurance Ltd., 5% 6- , V 500 $1.12 Va (quar.)— com; (quar.) preferred 10-28 $50c Ltd. — Canadian • , ; of America, 6- (quar.) Class B $1.75 — Building of 5 <quar.)__ Chesapeake Corp. of Virginia Chicago Medical. Arts Building— Chicago Yellow Cab Co.—— Eank 5 5- a (quar.) ... Co., Ltd., class A 60c (quar.)—— Cooper Bessemer Corp., com. (quar.)——— $3 prior preferred — $1.30 pref. class A Industrial Class A 1 Baltimore Porcelain 5 5- 1 4% $40c 4j/2% preference (quar.) Canadian General Electric Co., Celtic (quar.) Products Ltd., Breweries, 6-30 40c (quax.)_ Common Allied 5- 1 6- since (quar.) Dredge & Dock, Ltd., com. Common (Irreg.) Canadian Food Products, Ltd.— Class A (quar.) $1.50 — Engine 1 6- >: Corp. 12 %C Canadian Castle Co.— Ry. 6- — Conv. 5-20 5-15 $37 Vac .... $1.12 ya $1.12% — Ltd. Extra 5-19 $1.75 (quar.)— Ltd. Service Co.. Carpenter Paper Co., $1.50 — (Conn.) preferred preferred Aunor Gold Foils, +30c r_ Fe 5 preferred 20c payment preferred (quar.) Wyant & Cannon 1 25c • Railroad, Series 5% 5-15 6-30 $50o — Cooksville California Water Service, 4.40% 5.30% preferred (quar.)_ Canadian 7%c . (quar.) Sar.ta 5- (quar.) (quar.)_ 1 1 Atlantic Coast Line non-cum. Co. 6- 10- (accum.) & (s-a)__ 6-15 7%C (quar.) preferred 1 $40c 4% Co. Balfour 5-17 6-15 Atlantic Coast Line Avon 6-15 6- com. 6- Packing Co., common preferred (quar.) $10c 1st preferred Atchison, Class 1 6-15 1 „— 7% Auto 6- 7- 7- Associated Telephone & Telegraph $6 1st preferred taccum.) Atlas 6-15 6-15 Dry Goods Ccrp., preferred (quar.) Container 31c $1 (quar.) Ltd. $4.52 5-15 1947 Jackson Canadian 4-28 (quar.) Associated Byron Canadian 7%c preferred Corp., First (accum.) preferred 5-31 (quar.) conv. Carpet Co. 7% 5-15 4-28 (quar.) 6% Asbestos 15. 4-24 1 (quar.) Artloom 5-19 V, 1 4130 (s-a)— A $40c 93 %c preferred 8-15 —— Brothers, common (quar.) preferred (quar.) i Butterfly Hosiery Co., Ltd., com. 1 1 (quar.). preferred 1 — :— 4 Va % 6-15 30c 5-15 1 9- 5-15 5-12 6- v Ltd., — 1 87 %c Butler 6- 6- 1 class 6-15 B 1 $1.25 5;l 6- v ; Theatres, Ltd.— (Irreg.).——— Consumers Glass Co.* Ltd.. Consumers Power Co., com. (quar.) $4.50 preferred (quar.) 50c -;$i 87 %c 87Vac (quar.) Burroughs Adding Machine Co. Burry Biscuit Corp.— 7 6- ' 5-15 '. ; preferred 1 6-15 Consolidated ,'5r-15 . $40c 7- 5-10 5% 5-15 6-15 1 6- 53c >, (quar.) (quar.) 5-15 6- ,t $1 25c com. 9- 0 12- 9 $50c (s-a) (quar.) Consolidated Textile Mills, 5-15 6-15 preferred 6- 37%c — A 6- $15c conv. 5% 6-28 6-20 $$1.12% (ouar.) com. (quar.) B Canadian (quar.) 4-15 6-15 oc (quar.) 2nd preferred Burns & Company, Ltd.— 15c 6% 7% It 4)4% 25c (quar.) Co. 9-15 $1.50 7 6-10 6-15 ' preferred $$1 Co., Ltd._ ,.' 5-15 5-19 20c (quar.) com. conv. 25c preference Corp-, preferred $15c „ : 5-11 ' 20c ; Canadian Car & Foundry eo., Common tquar.)— $1.50 (quar,) Retail Stores, . ~.r _ Canadian 5-10 5- ' Consolidated 5c 5-31 ' 1 Paper 15c 5-25 7-1 75c Consolidated Corp. Co. 1 12-15 ;v , 40c 5 (quar.) Line Co. Ltd.. Mills (quar.). 5- - 5-15 $$2 (quar.) 6- common Liquidating Canada Safeway, Ltd. 4%% Canada Steel Products, Ltd 5 Laundries pfd. Y. Natural Gas $30c 1 5- Consolidated 6% N. Lithograph Mfg. Co., Ltd.—.— 1 4-20 6- 56 J4c (quar.) Co. Consolidated $7%c . Co Co. Power, Edison Consolidated 1 (ouar.)— 66- Power River 8 6- Canada Malting Co., Ltd 5-31 Connecticut Connecticut 5- 6- 5-15 1 5-15 $$2 6-1 1 5- 6- $$2. ii % 5-15 75c . - X 9-30 9 (Toronto)— 5-18 Canada North West Land Co., Ltd.— Mfg., conv. Falls 3V2% May 5- 8 40c (accum.) Corp. 7-10 50% Incubator, pfd. 5-15 10- $1.25 (quar.) 6- 25c ... 5 6-14 preferred Mills Confederation Life Association 1 Class 4-20 " 5c Corp 7-10 $1.50 iaccum.) 5-24 6-14 7% International . $7%c Pipe 5-15 5-15 $1.06 V* — 50c (quar.) Fund, 5- 6-10 1 (Ohio) -1 Od . (increased) Co. Mills, Ltd., class A Class Co. lOd dividend Hills 6-13 6- tb Consolidated 5- 5-26 $1.50 1-31-51 (quar.) preferred Artkraft 2 $1.50 Development Co., 3 30c preferred Corp. (increased) Armstrong Cork Company, com. preferred Rubber Class Insurance 50c Company $6 pfd. Canada Cement 75C Steel $3.75 7 Campbell, $2.25 (quar.) preferred 7 6- 5- 30c — Anheuser-Busch, Inc. (quar.) Argo Oil Corp. (quar.) Corp., Ltd., common Armcc 6- 3 6-10 12%c <s-a)_ Co., Inc (quar.) Edison 3 7- 5-15 $7 - preferred convertible 7- 6-20 75c : common- Argus 4%% 7-31 California Electric Power Co., com. 60c Inc., common Anglo-Newfoundland Arizona 4-29 1 California Anglo-Canadian Telephone Co.— Class 1 9- Mutual Life Distillers B 6-30 183/4C Semi-annual Cone —— (s-a) preferred 6- & 1 $1 (annual) Anchor Post Products, 6% 6% preferred (quar.) 6% 4 5-29 5 50c Co Ampco Metal, 6% 6- 9 Canada common Refining Co., Works $4.50 preferred 1 6- Columbus Ltd.— — 5- $1.75 Co., Co., Water 6- '$$1 (Initial) 5- Sanitary Foundries Tobacco $25c A 1 1 50c• iquar.) Commonwealth 4-28 6- Co. Columbia Gas System, Inc. (quar.)i Columbia Pictures Corp. $4.25 pfd. (quar.) Commonwealth Telephone Co. $5 pfd. Concord Gas (New Hampshire)— 5-15 6-15 1. 1 5-15 6-15 . 1 $1.25 (increased) preferred Thread 5-22 6-15 Carbon 8- 4-20 Corp.— 6- — (quar.) 5-10 25c American Smelting & American 1 Columbian 5- A 11- . 5-15 50c B7YzC ■ (quar.) 5- 5.28% (quar.) (quar.) American 5-15* 5-15 $1 Standard Shipbuilding Steel 1 1 Iron 5-15 30c & Seating Co. non-cum. 6- 6- 37 %c Co American 1 37%c preferred preferred American 6- & preferred 5-15 (quar.) Co 10c common American 6-10 6- pfd. 25c Chemical, class A (quar.) Radiator Corp., 1* 100% (bi-monthly) (quar.) Pulley 5 Ltd., Co. non-cum. 5 5- 6- 10c preferred A (quar.)__ American President Lines, Ltd.— American 5- 5-15 Fuel conv. $$2 3We ., $1.12% 5-15 $3 Cordage Co., Ltd., Burlington 3 37y2c (quar.) 5% 1 1 ' Common 5 6-12 Colorado 912- 25c . 4-28 5-10 1 '125c V; (quar.) $50c $1.25 $4 American 6- Co.— (quar.) American Potash & Class Co. 1 5-25 4-20* 75c tquar.)_ Company (stock dividend). Mutual Fund, Inc. (initial) American 5-15 5• 5c pfd. Meter American 6-15 25c Products Co., 5-15 6- 18c B Buckeye 5-15 5-20 5c Co. Derrick American 5-31 60c Colgate-Palmolive Peet, common $3.50 preferred (quar.) Co.— (S-a) Bearing Bullock 5-15 5c 5-18 1 Buckeye 5-29 $1.25 (initial) common 1 1 1 ■4% 6- 6-13 4-20 6- 135c 9 V Buck 5-16 15c ; New 1 50c (quar.) & 6- 6- Extra 5-15 5-15 $35c ■ 5- Class 5-17 87 %c — (quar.) Extra Hoist 6-10 6-10 "75c American Hide & Leather, 6% American 5 70c (quar.)___ Cable 3 5- 40c Shares Chain & American 5% 5- 5 15C 68 %c 4-20 $30c (quar.) 6- Bruck "" American Automobile Insurance Co. (St. Louis) Quarterly * <_____ American Barge Line Co.___ Corp., 1 6- (quar.)___ 6- 6-16 £-15 (quar.) ... 5- Stock 6-14 6- Common 5-15 Brown 5-15 1 $25C (quar.) 6- Common 5- 6-15 1 .>■. 5-15 4-29 7- $60c pfd. 1 5-15 25C 5-12 5-25 b-16 7- 5-10 , Ltd.— 6-20 Brown 8 30C (quar.) 4% r 6-15 .___ Bosch 3 1 5Cc 1 ——— Co., (quar.) 5-15 —— 5-16 7- $20c (quar.) Plow 25c Brooklyn Union Gas Co 4-28 5-15 (quar.) Aluminium, Ltd. Alpha Portland Cement Co. Amerex Holding Corp. is-a)_ American Airlines, Inc. 3%% pfd. American 5, 75c $1 Company Laboratories, 5-15 4 37 %C (quar.) com. preferred ! I quar.) Alloy Cast Steel Allied 5-10 10c 6- pref. $1.50 Ordinary bearer (final) Ordinary registered (final) Brockway Motor Co. 5-10 5- 40C — (quar.) Corp., 6-10 5-16 Common British-American Tobacco, Ltd.— 5-22 $2c • Allied 1 Cockshutt of Vancouver, Ltd.— $25c (irreg.) $25c (trreg.) British-American Oil Co., Ltd., com. (quar.)_ $25c 3%% preferred (quar.-)_— : 0.234375 3 25c Inc. Allied 6- $1.20 2 5-11 1 (quar.) Common $-19 87 %c 8 6- 5-12 • 1 $1.12 y2 Common Corp.—" prior 5- 1 1 . 1 66- 20c (quar.) 75c Brewers Youngstown RR.— preferred Alabama 1 A 7- 1 6- 20c — $12'/2C Class 5-23 6- Class 6- 1 50c Dunlop Hardware, Ltd.— 00c 6- Holder a Payable of Rec.' 87V2C ——_ T^..; (monthly)_— common preferred conv. (quar.)— Brazilian Traction, Light & Power Co., 4-27 6-12 $15c 4-25 4%% Cochran — Special 8 5-15 40c ___ Ltd. Rubber <& Semi-annual 5- 4-29 5-15 Inc., Common (monthly) 4-29 75c (quar.) —J— Company, Ltd..class A Class Rolderg 5-15 25c Acme Steel Company Akron When (quar.) com. & Company $2.75 Roller Bowes Payable of Rec. 20c 5-15 5-15 47 — (quar.) guaranteed $1.75 (quar.). Inc. 5-19 1 RR guaranteed Foods, When Share Pittsburgh 7% Clinton 50c (quar.)— Hose 6- Company & 4% 7-14 . $5c (quar.) (Sidney) 5-15 7-31 $25c (quar.) (increased). common Cleveland ' —— Carpet Co., preferred Brantford Vending Corp. Corp., Woven Bower being given in the Name of Company 1 — (Philadelphia), commnn Common preceding table. ABC 6- $3 Company < quar.) —— Fund, Inc. (increased quar.)„______ Boston Below we give the dividends announced in previous weeks and not yet paid. The list does not include divi¬ announced Steel Per Name of 5-15 Inc.— _____— (quar.) preferred 6% dends Company Boston (quar.) — Blumenthal 5-15 6-30 a3% $1.06 y4 (s-a)—— Associates, (John) & Sons, Ltd., class A & Blauner's Ltd.— _ 1 35c .Class B 1 7- 56y4c 6- Quarterly Bertram v 5-15. 20c Co., 6%" pref, <s-a)___ Youngstown Steel Car 5-31 1 Company— com. (incieased)-— preferred (s-a)_ non-cumulative Spinning 6- 25c (quar.) Winnipeg Electric Co., Fine ; Corp., $6 preferred Boldert Payable of Rec. 12 %c (quar.)— Beneficial Berkshire 5-15 100% (initial» . 4%%-, preferred preferred (quar.)_ 5-15 7- $25c Lovett 4»/4% When Shore 5-15 - 6-15 25c ; Company Bell & Howell, common 4-20 1 1 (reduced.) Inc— Ptr Name of 4-20 1 66- Ltd. Winn 5- 75c . Co. H older• 1 $1.50 Coal Co. <resuiqed) Westmoreland, Inc. (quar.) ; Wheeling Steel Corp. (stock dividend)—. Mfg. 5- 75c _ Westmoreland Lace When Payable of Rec. 75c West Jersey & Seashore RR. (s-a) Western Auto Supply Company < quar.) Wilkes-liarre ■ Share Walker (1927) 5-25 4-29 $1.50 5-15 5- 9 1 Associates— (accum.) — — 1 48 The Commercial and Financial Chronicle (1928) When Per Share Name of Company Eastern Massachusetts 6% preference 1st Street A Electrographlc Stock j__ Corp. Paso 6- 9 5-19 6- 1 25C (quar.) Gas, common preferred <quar.)_ 2nd 5-16 5-18 33y3% preferred $4.25 4-24 6-15 25c ——. Natural 4(4% 1 5-22 $25c $4.25 2nd preferred 4 6- 1 6-30 6-16 Hibbard, 1 5-18 6- 1 5-18 $1.0614 6- 1 5-18 Monthly Hines (Edward) $1.06'4 6- 1 5-18 Hires 25c 6- 1 5-12 (1950 series) (quar.) 7-15 6-28 Holt 7-15 6-28 tcfliar.). Ely tc Walker Dry Goods Co., com. 7% 1st preferred (s-a) 6% 2nd preferred — (s-a) — Monthly $1 class A $1 class A $$25 (quar.) (quar.) Empire District Electric 5% preferred (quar.) B 10-14 9-29 1 5-15 $1.25 6- 25c $1.50 conv. prior pfd. (quar.) Derrick & Equipment— 4% preferred (quar.) Equitable Gas Co. (initial quar.) Erie Railroad Co., $5 preferred A (quar.)_— $5 preferred A (quar.)—$5 preferred A (quar.)— 5-15 4-28 5-15 4-28 4-28 Eversharp, Inc. (resumed) Faber, Coe & Gregg, common Fairbanks Morse Co. & 6-30 6% 1 5-10 Horn $1.25 6- 1 5-12 Hudson $1.25 9- 1 8-11 $1.25 12- 1 11-10 Brewing 4(4% 5% — 25c 5-14 50c r: — (quar.) 6- 50c (quar.)— Corp., preferred Farmers 1 5- 9 Quarterly Quarterly Federal Insurance Insurance Co. of Canada (s-a) Federal-Mogul Corp. 25c Ferro 56 (quar.)——— (quar.) Corp-— Screw Works Enamel Corp Firestone Tire & Co. (Newark) Power 4.90% Ford 4% pfd. (quar.) Co. of 25c Canada, class A Co., Ltd., Kleiser Company Foster-Wheeler Corp., 6% prior preferred (quar.) Steel 6% 6% preferred Extra _ Wood Idaho 5 4-22 4-17 1 6- 6 (quar.) preferred (quar.)_______ A ___________ (s-a) Outdoor Inc., Portland General Public Steel Gentry, pfd. (quar.) General General 3%% Corp. 5-22 6- 1 5-15 6- 1 5-15 Cement 5- 10- 1 Granby 2 6- Class 9-15 5-15 5-10 International Resistance 5-19 International Silver 6-10 6-19 9-11 8-21 12-20 12- 1 Investors Selective 5-15 5- 5 Investors 5-15 International 5- 7- 6-19 1 5-15 1 5- 5-12 Iowa 1 5-12 7% Wares, Ltd., Common (quar.) 5-15 4-14 5-15 4-17 Johnson the issues Hajoca Corp. are (quar.) (quar.)— Steel Corp., (quar.).. (quar.)— Johnson 5-31 5-16 5% preferred & 5-15 5- 1 5-15 5- 1 6-15 5-15 Kawneer 6-15 5-15 Kayser 6- 1 5- 5 & 3.8% h 50c 25c 10% ^s-a) 90c 6- 1 5-12 5-26 5- 8 5-26 5- 8 5-15 5- 5 A Johnson preferred 4% Kerr-Addison & _ : __ $1.25 40c 12-10 12- 1 Beneficial $5 prior 7- Kress preferred 1 5-25 6-20 6- 8- 1 7-18 >: 7- 1 6-30 6 20c 20c 65c : common 10- ' 7-1 2 9-30 $1.25 A, 50C (S. S.) 6- 2 6- 6-30 6-12 4 (4 % 2 6-10 5-19 4'A % preferred A preferred A 6- 1 5- 1 t35c 9- 1 8- 1 12- 1 11- 1 H.) 6% Mfg., 1st 1 5-15 6- 1 5-15 6-30 6-16 6-15 6- (interim)— Ltd. $20c 6-28 5-31 40c 6-15 5-31 quar.) 50c 5-31 8- 1 7-14 6- 1 5-16 r 10c •6-20 6-10 10c 6-15 5-17 30c 6-26 6- $1.25 5-25 5-10 8c 5-20 6-12 5-23 50c 6- 1 5-10 9 (quar.) 11.12'A 6-27 6-21 $1.12'A 9-26 9-20 (quar.) $1.12'A 12-28 75c (quar.) (quar.) $1.50 6- 1 5-15 L'Aiglon Apparel, 6- 1 5-15 La Salle 8c Inc. Extension (quar.) University— 10c 6- 1 7- 1 5-10 5-10 5-10 Quarterly 10c 1-10-51 12-27 6-10 5-10 1 5-10 6-15 5-26 6-15 5-26 50c 25c $1 50c —I ~ -i-I—IIIII _. on the class A and (payable in class A)-— (initial quar.) Company, common (quar,)—! pfd. Co common Inc. Co., 6- 1 5-15 6-30 6-10 Ltd. 6-30 6-10 5-16 pfd. (quar.) Lanston 50c 6- 1 5-11 Lees 7-20 7- $1.3772 8- 1 7-20 11- 1 10-20 5-15 6- 5- 1 5-15 5-25 5 Monotype Machine Secord Fabrics, Candy Co. Shops, (James) & Leitch Gold 6- . 6-15 3-31 5-15 6-15 1 5- 6- 6-15 6-1 6-10 1 6- 1 5- 3 5-15 5- 6- 5-15 5-15 r 1 4-24 5-10 6-20 6-20 1 11-15 .5-15 8- 5- 7- 1 1 7-3 6-15 1 5-24 7- 3 6-19 10- 50c 3-19 . 40c 5- of 1 5- 6- 1 5- 5- 5 15c 5-15 5- 1 25c 6-15 5-25 5 5-15J; 4-28 Y.)— $1.62'A 6- 1 3772c 7- 1 5-15 — — . 10c 6-15 5-31 30c (quar.) 6-12 5-29 5-29 5-15 5- 1 15C • 6-12 $5c — L_________— Stern & Co., 472% preferred (quar.) 472% preferred (quar.)— 472 % preferred (quar.) Mickelberry's Food Products Mid-Continent Mid-West 5-15 5- 5 Petroleum 8% Products, Oil 5-15 1 6-13 7- 1 6-13 $2 7- 1 6-13 5-18 6-15 6-15 6-15 5-15 Reclaiming— Ltd $15C 5-10 4-26 30c 5-15 ?4-28 $1.37'A 5-15 4-28 37'Ac 5-15 4-28 70c pfd. (quar.)_^ Mining & Mfg. Co., common (quar.) 6-30 25c 6-12 5-22 ; 2nd Pipe Mitchell (J. Mitchell 5-31 (Robert) S.) $1 Co., Company, common Ltd. (increased) 6-12 40c . Line 6-16 5-26 7- 6-15 5-22 3 Company, Ltd.— $50c Ltd. 6-15 5-15 $50c Containers, 12-15 11-15 $4 $50c Mills, Ir.c Society, 5'A% Carpet preferred B Co., 6- 2 5-20 $25c Loan 6- 2 5-20 6- 9 50c pfd. (quar.) 5-25 38%C 6- 1 5-23 50c 6- 1 5-10 $1 6- 1 5-10 (quar.) com. iquar.) $3 participating Motor 6- 4-19 Motor Products Wheel Motor $20c 5-15 5-15 5- 6- 5-15 2 1 5-31 5-19 6- 5- 1 1 5-25 5-10 6- 1 5-15 30c 1 5-26 59 %c T 6-30 6-15 60c 5-10 4-15 20c 5-31 5-17 iquar.)_ 25c 5-31 5-15 (quar.) 50c 5-15 Corp. Co tquar.) 6- 9 6- 1 5- t 8 Producers 2 6-10 5-17 lc 5-31 5-10 10c Mountain 5- . 40c (quar.) (s-a)_ 5-31 5-10 35c Munson Line, Inc. new com. (initial) Murphy (G. C.) Company (quar.) Muskegon Motor Specialties— $2 conv. Muter class Company This stock dividend A (quar.) (stock dividend) being basis placed on beginning 6-15 5-15 35c 6-15 5 15 50c 5- 6 4-25 37'Ac 6- 1 5-16 6- 1 i 50c 100% r 5-15 5-15 5- 1 quarterly a June 30. 5-10 Mutual Chemical Co. of America— $2c 5-15 4-28 6% preferred 40c (quar.) 6-15 5-19 6% preferred <quar.)__ $0.0258 5-15 4-29 6% preferred (quar.) 25C 5-15 4-17 Nashville, Chattanooga & St. $1 Libby, McNeill & Libby (s-a)—. 1 6- 6-10 5-24 50c Lexington Trust Fund 5- 6-15 11- 4 35c — 5-15 40C Co., common Corp. Corp. Diablo 75c 37%c (quar.) Mills Paper Finance Mount 25C (quar.) (quar.) Mills, common preferred (quar.) Mosinee 5 Lines Paper Morrison-Knudson 5 37'Ac preferred Moore-McCormack Morris 6-10 5-19 National Acme National Alfalfa $1.50 6-28 6-15 $1.50 i 9-28 9-21 $1.50 12-28 12-21 - 6-30 k 5-15 5-15* 5-15 5- $1.25 5-15 6- 3 1 Llbby-Owens-Ford Glass Co Liberty Life Insurance Co. Quarterly Life Savers (So. Carolina)— 30c ___. Corp. Liggett & Myers Tobacco Co. . (quar.) 7- 1 6-22 5 % , preferred ■. 5-26 6-16 $$1.25 Semi-annual Mohawk . 5-15 20c Modern . 5-15 4c (s-a) •, 7-15 7- 50c Minneapolis-Moline Co., common—. $5.50 1st pfd. <qurr.)____ $4 preferred 1 50c (s-a)__ common Mining Corp. of Canada, Minneapolis Gas Co.. conv. 1 8- 50c (quar.) 6- 50c (quar.) : Rubber Minnesota 6-15 $50c (s-a) (quar.)_ Company, preferred $1.50 75c ; 5c Ltd. common preferred preferred Midwest 5-19 (quar.) Corp., Extra 8% 6-12 (quar.): non-cum. Midwest 8-21 11-20 20c Corp. Co. 8 1 . 5-18 8-31 11-30 Co. Grain Steel 5-31 $1.1272 $1.12'A Pacific & $2 $1.12% — Abrasive Midland 5- 3 6-15 . 4-28 5-15 . Michaels 5- 6- . 5 1 35c Canada, Ltd . . 1 6- $1.75 <N. 1 50c __—______ Co. 66- ■ $1.06'A — Company 12-19 4-2-51 . . 9-18 1-2-51 50c $50'Ac (quar.) common 2 50c Assurance . 6-14 5-31 ; . . 5-20 •7- $1 . . 1 6-15 50c (quar.) i 5-15 1 $50c , . . 6-10 6- 12- 12'Ac — , . 5-12 1 7- $3 tquar.) , 3 5-31 $37'Ac (s-a) v 5-15 : 5-15 40c (quar.) ■ Co._ 5-20 1 .. 5-19 5 10c Co. 43A % <■£'6- ; 1 5-15 5c ____________— Brewing 8- 50c (quar.) (quar.) 4-28 : 6-15 7c Merritt-Chapman & Scott Corp.— 6'A % preferred (quar.) Messenger Corp., 6% preferred (quar.) 5- 5c Sons Mines, Ltd . 5-10 , 5c (initial) Co., Inc. Fire Increased 8-15 30c __ Company Corp. preferred (quar.)-,_—_— 5-15 $1 (quar.) Lehigh Coal & Navigation Co.Lehigh Portland Cement Co. (quar.) Leslie Salt 7% 11-15 25c Ltd Inc. 5-19 7-15 5-25 6 25c Inc. (quar.)_.. Bleachery & Dye Works Lansing Company (quar.) Lansing Stamping Co. (quar.)____ Lea 5-15 . 5-10 5-15 35c ______ Mercantile Stores Co., Merchants 25c Bryant, Laura 2 (quar.)__ Lanett 5- 3 7'Ac . $12c r' Lane 6- $1 10c , Quarterly 5-15 10c (irreg.) $$1.75 . 5-15 25c (quar.)_iS._____ 5% 1 37'Ac (quar.), Hawaiian Pineapple Co., 5-15 6-10 6- 25c (quar.) ; Landis Machine Co. 1 6-30 1 15c $40c (quar.) 5-15 1 6-12 $1.50 (quar.) preferred 6- 40c Hathaway Bakeries, Inc. (quar.) preferred 6- 7% $1.06'A (quar.) Lithographing Co.. 6- Common Ltd.— Lakey Foundry & Machine Co Lamaque Gold Mines, Ltd. (interim) $1.37'A Company 5'A% Hastings Manufacturing $1 15c * Co., 25c 5% common. $4.25 preferred (quar.) Harbison-Walker Refractories 6% preferred (quar.) ! 6- class B Handmacher-Vogel Pilot, 6-10 $1 California, cl. A (quar.) Extra Powder 9-30 25C IllIIH— Haverty Furniture 10-10 125C (quar.) (quar.) , preferred 6-30 10c 13c (quar.) (M. A.) 7-10 Quarterly 17c IIIIIIIIII IOC 5 the Woods Milling, lv 5 5-10 ■ Moody's Investors Service— Quarterly 6- of Frank & Monroe 6-20 Lake 6- 5- 5-15 25c > com. Monsanto Chemical 4-28 6-10 5-15 25c Porcupine Mines, Ltd. (quar.) Mead Corporation, common > 474% preferred (quar.) 4% 2nd preferred (quar.) __—_——— 6-15 1 . • .. $50c preferred 5% 5- 5-15 ■■ 5 4-24 $5c — Mclntyre 12-20 Co 5- ( 5-15 $5 Ltd Semi-annual (quar.) (quar.) 5-15: $1.25 4-29 50c (quar.) common preferred Heater 6-15 $1 10c __ . 6-15 25c Mines, common (quar.)_ 1 < 85c Co. 6- .7-15 . . ' Ltd., preferred Missouri-Kansas & Company Kroger Company, Kysor 5-29 25c series_________ preferred A *35c 1 v (quar.) (increased Company 6-16 Co., (L.). Midland (quar.) interest 1 (S. 7- 6-12 1 3 y2c (s-a) (increased) Bonding & Insurance Common Metz Fund— 50c preferred of Year-end Stock dividend Si Knickerbocker *35c ~"~~ ; conv. 1 1 4% % "2 "__II __ZZ_ZIZ~ Year-end 5V4% 'm'mimm 37'AC convertible Harris (A.) 6- Kroehler Co., Ltd Watch Co., common shares 5- 4-28 6-10 $1.25 Cementing 6- 60C 933Ac - _______ 5-15 Kresge (s-a)__ ■ $1 Mines, Wire & Extra 5-15 tl2'Ac Cotton B 10-19 1 5- 25c Co. Extra Kingan & Co., 4% preferred (quar.). Kings County Lighting Co. (quar.)_ Kingsburg Cotton Oil Co Kingston Products Corp. (s-a) Kinney (G. R.) Company, common (quar.)_ 40c common "—II Extra 1 95c Company Gold Steel 25c (quar.) Ltd Hancock Oil Co. Class 11- 40c 56'Ac _— Extra Hamilton 10-19 5- :$3c Oil —___. Aircraft, Mica Co. (Julius) Realization, Michaels Brothers (quar.) (quur.) preferred Keystone (quar.) Mines, Hamilton 7-19 1 Kansas City Power & Light— 25c Insurance Co., Well 1 11- 5- 5-15 15c (quar.)_^ ". Magnesium Products Common Meyer-Blanke « —, 5- $1 Quarterly Hallnor 7-19 be¬ . 75c Halliburton Oil 1 8- — shown above 5-26 $1.25 Dredge & Dock Co. Co. 8- 37'Ac — 5-30 1 Marine Meier (quar.) Oil Refining 15c (quar.) common 1 3772c 5-16 Stores Water 6- 4-29 I 6-12 10'Ac (quar.) 4-20 6- 12'Ac (quar.) 5-22 5-12 14c <quar.)____ 6-15 5-26. 1 25c (quar.) Common 5-22 6-12 17'Ac common, ;(quar.) Common — Quarterly Jones & Laughlin Corp., preferred Common Island-^- Knitting Mills, 5% pfd. A (quar.) Company, common (quar.) $2.50 (quar.) (quar.) Common Henke of Rhode 25c Corp Hackensack Hercules 6-12* 5% 9 • 5 6- 10c ________ 25c (s-a)._ Gypsum Lime & Alabastine of Canada, Ltd. Common (quar.)__ 6% 6-30 Marathon 5-10 16c .. 6-21 12'Ac Maple Leaf Milling Co., Ltd 5-19 5-10 1 $25c ; (quar.) 6- 16c Inc.-..___-__. (quar.) preferred Co. Shirt 1 1 5- 7- 75c 5% pfd. (accum.)__ (P. R.) Company (quar.) Company,' common 1 6- 1 25c Gold 6- 50c Fund, Inc Tea 33A% Lake Red 6- 25c 6- 50c (quar.)__ Maine Central RR., 7- 3 " $25c pfd. 6- 9 1 Jantzen Madsen McAleev Mfg. 3 5-23 25c Macwhyte Company McBrine 7- Jewel 2-20 6-10 ' 5- $51.00 1 9 Woodworking Co. Mines, Ltd 10c preferred C— 1 6- M Macassa 4-25 new 5-10* & Consolidated M. & 5-10 ing offered new common ($5 par), and 4.80% preferred ($50 par) in ex¬ change for outstanding securities. 5- 5 1 M & M. J. M. 6- 1 of $1.00 3-10-51 Massawippi Valley RR. (s-a)______ Massey Harris Co., Ltd. (quar.)___ $$1.12'A (quar.) 8-22 11-21 (quar.) preferred (quar.) Metal Products, common $1.50 ——_ common 9 9 conv. McDonnell ____. 912- (quar.)__ Inc. Lynch Corporation (increased) Lyons Finance Service, class A 42c preferred (quar.)-. 5-22 1 5-19 common 5% Lumlnator-Harrison, Lyon . 2-20. 88c 6- 7- 3-10-51 5-23 $1.10 (irreg.)___^.— Massachusetts 5 11-21 50c (quar.) (M.) & Sons, Inc., com. 4-29 7- Holders (Missouri) Lumber 5-31 1 8-22 9 30c 5-17 9 9 12- — 4-29 $1.75 __— Oil Havana — 5 6-10 9- 50c __i 1 7- 5- Great West Felt Co., Ltd — 50c conv. pref. (quar.) Gulf, Mobile & Ohio RR.— $5 preferred (quar.) Hanna 5-15 6- 8 6- 50c 50c v $1 (Maryland) 5-31 $55.25 5- 2 preferred 6- $59.50 5-15 dividend Lakes 5- 10c Light & Power Co.— preferred A__— preferred B 5-15 (quar.) W.) Company Great Southern Life Common i 4% 5-10 4-25* 2* 5-15 1 6% 5-10 5-25 25c Graton & Knight Co., $1.80 prior pfd. Gulf 5-25 5- 1 Electric 35c _. $2.25 5-20 6- 5-15 $1.087a (quar.) Company (accum.) 25c (quar.) preferred A Manhattan 6- 150c 5C Company, Corp. Grayson-Robinson 5-25 5-15 1 $1 27'Ac Participating 6-15 6- 5-15 50C • Mar-Tex Participating 1 7 25c preferred $2.50 6- 8- 7 I 50c Corp. Fund. Co. 4-25 7-1 9- $1 Corporation Stock Investors Trust 5- 5 5-15 Utilities 6-30 30c (quar.) Co., Co. 12-20 1 5-20 17c dividend) preferred (quar.)— Intertype 8- 1 6- $1.10 (Walter M.) Co., Ltd —_.— Lucky Stores, Inc. (quar )— — Lukens Steel Company (quar,)___—_— Maltine (quar.) 1 4'A% 12-30 1 6- $1.10 Lowney May 25 at Co..— 6-10 9 20 7- 25c (quar.) Gas Lowenstein Mallory on this 6-20 . 9-30 $1 common 1 5- 6-30 10c 5-20 $1.50 Co._—— Mining Smelting Power Co., Ltd. (irreg.) Grand Union Co. (quar.) Great A Star class (This entire — Furniture 3 5-15 $1.50 International Harvester Co., 7% pfd. (quar.) International Metal Industries, Ltd.— 25C Consolidated Stock 6-15 125c Company Shares, Ltd.— International 1 __ preferred (H. Steel com. Corp._ Goodyear Tire & Rubber, $5 5-15 7- 56'Ac Quarterly 6-15 84 %c _ Goodall Rubber Co., common 5% preferred (s-a) Gossard pfd. Group shares (increased) Stock & Bend Group shares International Business Machines Corp.— 4-17 5-15 15c (quar.) Inc. (S. A.) Globe-American 5-15 5-31 $3 Water Co. 50C (quar.) Utilities Gerrard 5-31 12'Ac 45c Co. ?■ '• n (quar.) Advertising Co., Inc., preferred Paint plus Ingersoll-Rand 7- 25C —— Mills, General 6-19 12'Ac (resumed) redemption Indiana Gas & inland 25c 6-19 6-30 $$1.25 Illinois Zinc Co Institutional $1.75 6-30 6 (4 % 4% (s-a)__ General Foods Corp., common General Industries General 30c 75c 87'AC (increased) Inc. Louisville & Nashville RR. " 5-11 $1.50 (s-a) 4 Company, preferred 50c 4.70% 1 5 10c 6-10 Pipe Long-Bell 6 6 $1.25 1 5-24 5 $2 55- $1.25 5- 5- 5«%c _ (quar.)_^ 1 1 $1.25 5- 1 6- $2.50 _i. 8% 5-12 6- 6- $1 common share per 5- 75c 1 25C 25C common. for 25c __ 6- $1.25 Groceterias Joint $4 preferred Co., called $53.15 General Finance Corp.— 6% Power issue 5-15 1 Co., ncn-cum. 30c ________ preferred General Power 6% Industries, Inc.— preferred preferred Long-Bell Lumber Illinois Central RR., 30c ___ General Baking Co., $8 preferred General Bottlers, Inc. (irreg.) General Cigar Co., common 6% Lone 4-29 ——— 5- — 4-29 (quar.) 1 6- — 8 5-15 (quar.). 30c ; 6-20 5- 5-15 5-15 10c (quar.) 6% preferred (quar.) Gamewell Company (quar.)— 7% 6- 6 2 $1.25 (quar.)_ 1 $1.50 10c Co., Inc., com. preferred iquar.). 7- 5-15 6-15 York)— Hydro-Electric Securities Corp., pfd. B 2 3714 c Co (Robert) 4(4% 1 1214c prior preferred (quar.) Freeport Sulphur Company (quar.) Gar 5-29 6- 3714c (quar.) 6% Gair 9 6- ' 11-20 62 (4 c Car preferred 6- *" 25c 1 2 5-15 100% ,____V /: 12- 6- 5-15 al0% 8-21 6-28 Aviation _ 1 $1.12% preferred (quar.) 5% preferred (quar.) deposit for 9- Loblaw 5% 7- : 5-22 Lock Refrigerator Co., $2.25 pfd. (quar.) t50c American ordinary (annual) Formica Company (stock dividend) Fort Pitt Bridge Works (quar.) Gabriel 8-11 6- $1.2214 — 1 $1 pref. series A (quar.) & Erie Mortgage Corp.____ 5% 5- $1 (quar.) 5-10 6- 25c —— $50c receipts & 9-15 6-23 $30c B Motor Foster 1 5-15 $1.1214 Wallace, class B (quar.)_ Motor Class Ford Corp., preferred Forbes & Motor Illinois preferred (quar.)—. Fittings, Ltd., class A (s-a)— Florida 5% Rubber Co.— 4(4% 5-18 Huttig Sash & Door Co.— 6- 30c (s-a) 5-15 1 2 6-15 1 6-15 3c Insurance 6- t25c ' 35c — Petroleum Firemen's 6-30 31'Ac — 9. $1 at 2 (New 5* 5- — 3>A% 6- Huron 8-15 40c Federal 7-15 25c (quar.) . 5- 5-31 preferred- Liquid 5-25 5-13 10- *$1 7-18 25c (quar.) preferred Hussman $2.50 Fire 5-16 6-20 7-28 <quar.)_ 5- 6-10 7- $2.50 $30 per share plus this dividend Carbonic Corp., common (quar.) preferred <quar.i___/ Lit Brothers, 6% pfd. Entire issue called for redemption on June 5 at $105 per share plus this dividend—_____^—;______ Little Miami Railroad special stock (quar.)_ Special stock (quar.)—____———— Special stock (quar.) ;__ Special stock (quar.)— $4.30 original stock ; $4.30 original stock—„—— $4.30 original stock__ $4.30 original stock 5-26 6-30 Co. (Thomas J.) Inc., 6% 6-15 Co. 10-24 Entire issue called for redemption on July 1 5-26 1 7- Co. ,*w..—; Lipton 6-28 5-27 $0.18625 Link-Belt 75c Humphreys Mfg. Co., common 6% preferred (quar.)__. Hunt Foods, Inc., 5% pref. (quar.)— 5-15 5-25 5-31 25c (increased) 7-24 1 5-22 25c 5-17 1 25c — 1 11- 65c 6-10 20c; ___ 8- 30c (quar.) 6- 40c A Hardart 30c —— 50c 20c Humble Oil & Refining Co 1 8- 1 6- 25c ______ ; Traders >' Life & (quar.) com. (quar.) preferred & 6-15 Holdert Payable of Rec. (Fort — Light k Chemical Co. Corporation (quar.) $1.0674 Special " Falstaff 25c Co. 31c Hormel (George A.) & Company, com. (quar.) 7-25 Lionel Quarterly (quar.) preferred $4.50 preferred 6- $1 7-25 Insurance Quarterly' (quar.) $4.25 3214c 8-15 50c (quar.) Honolulu Oil Corp. (quar.)Hooker Electrochemical CO., com. Emsco Lindsay & 5% preferred (quar.) Holyoke Street Railway Co., pfd. Home Oil Co., Ltd 4-28 5-15 37V4c (quar.) 5-15 25c 20c (quar.) (quar.) 80c preferred $25c 6-30 7-25 . Lumber Co., class A (accum.) Company, (quar.) $1 non-cumulative class A (quar.) $1 non-cumulative class A (quar.) — Employees Credit Corp., class A Class r' — Co 7-15 4-25 4-25 56'Ac __________ $1 non-cumulative class A Empire Brass Mfg. Co., Ltd.— 5-15 5-15 When Share Life National Lincoln 8-15 53>Ac (quar.) (Charles E.) Company (quar.) (Henry) 4-25 56'Ac (monthly) & Co. —_—— -Per Name of Compcny 53'Ac Hobbs Battery 70c 60C (quar.) 5-15 20c Bartlett Spencer 6- $1.06'A —— Holdert Payable of Rec. 50c Chocolate $1.02 V4 (quar.) preferred 5- 6-22 30c (quar.) 5-11 15c dividend 4.10% 6- $1.25 Elgin National Watch Co. (quar.) El 6-15 $1.50 : Share Company Corp., com. (increased)4>A% preferred series A (quar.) 4'A% preferred series B (quar.) 4'A% preferred A (quar.)_ 4V4% preferred B (quar.) Hewitt-Robins, Inc. (quar.) ——_ Heywood-V/akefield Co., common 5% preferred B (quar.) Hershey (quar.) When Per Name of Railway— Eastern Sugar Associates, $5 pfd. (accum.) Eddy Paper Co., Ltd., class A (quar.)__ Electric Boat Co Holdert Payable of Rec. Monday, May 8,1950 ... Company Dehydrating 6- 1 5- 1 National Aluminate $1 6- 1 5-10 National Automotive Corp. 75c r 50c & Milling (quar.) 40C r- Louis Ry (quar.) (quar.) Inc. : (quar.) 6-1 5-23 / _ _ 5- 8 5- 9 Co. 62%C Fibres, : 6- 1 5-15 30c 5-15 4-28 40C 6- 1 5-10 ' Number 4905 Volume 171 Per Name National 7% \ of Company Share Biscuit Co., common (quar.) Breweries, Ltd., com. 50c $1.75 $50c $1.75 preferred National preferred 7% (quar.) (quar.) National Cash National City _ Register Co._ preferred A (quar.) National Dairy Products Corp National Drug & Chemical Co. of Canada— National Electric preferred 6- 6 Phillips Petroleum Co. 5- 9 7- 3 6- 9 Pillsbury Mills, $4 preferred 5-31 5- 9* Pittsburgh 7-15 6-30 4-21 6-15 6- 7- 1 6-16 6-10 2 Class B 6- 1 1 5c 5c Gypsum $4.50 Co., pid. $1.12% (quar.) 5-12 Pressed 7-22 1 10-20 Pressed Metals 5-18 Procter & shares (quar.) National Lead National Linen 4%% 5% : Co., Service preferred National Tea 4'A% pfd. A Corp., $1.75 15c $1.12% $1.25 25c 60c 53%c 47Vic 53Vsc 47Vic (quar.) (quar.)_ com. (quar.) (quar.): Paper National & ________________ Type _: Company, preferred preferred 3.80% class 7% preferred (quar.) com. (quar.) (quar.) 414% preferred (quar,): 3.8% preferred (quar.) National The Trust following those which series Retail Fibre Co. Cotton Packing Neilson (William), Brothers (quar.) Ltd., Inc. Shipbuilding Southern & 6- 50c 6- 5-22 North American 6% 5%% Northwest Co. 75c 75c 2oc t9c (quar.) 3.90% Oil Co. 4%% Olin $2 United 6-20 5-31 25c 5-15 5- 50c 50c 97%c 97Vic & A Quebec Ry. Co. 6- 1 County 1 (The Correction week 10- 2 9-15 Rockland 7- 1 6-15 the not ferred common 9-15 Rocky 5- Rohm as pfci. reported) 6 Fibre 6% 4%% pfd. tquar.)___ Co. 1st preferred 5% redeemable 5% redeemable Common Mills Pacolet Mfg. Panhandle Coal 5-31 5-19 Line, common 8- 1 7-12 Extra 1 5- Safway 1 5- St. 4-29 1 $5 (quar.) preferred (quar.)-. preferred (quar.)_. preferred (quar), $1 preferred (quar.) $1.32 prferred (quar.) SI.32 preferred (quar.) $1.32 preferred (quar.) $1 — — . — —_______ —_ (quar.)___l common (quar.)__. preferred Penman's, Pennroad Ltd., Corp., common Machine Gear & 9-19 $4 Scovill (quar.) Brewing Co. (quar.) 3.65% 6 4.30% 5-26 6-15 1 1 1 5% Dairy Products Co., preferred (quar.) S4.50 1st preferred (quar.) S4.50 1st preferred (quar.) $4 non-cum. 2nd preferred $4.50 $4 $4 non-cum. non-cum. Philadelphia SI 2nd preferred 2nd Electric preference preferred Co., __ 5% 12-15 5-15 Secord 5 4 5- 5 8-15 8- 5 4% 11-15 11- 4 4%% (quar.)___ com. (quar.) Oil series 43A% 5-17 Sheraton 6- 5-15 4% 5-15 (quar;) . $1 30c 25c 6-30 Inc. (quar.) Inc., 30c^ 6- Sicks A Mines, Oil 6-/1 Simmons 7- 1 6-15 1 9-15 7- 1 6-15 Stowell 10- Co., Screw 1 9-15 6-30 6-15 $1.25 6- 1 5-15 Suburban Oil 6- 1 5-15 Sun Ray Suburban Struthers Wells Corp., class A 9-10 9- 1 Sullivan 12- 1 Swan 5- 1 47c 6- 5-18 Swift 1 6- 1 5-12 5- 1 6- .9 6- 1 6- 9 Texas 6-30 4-20 5-30 5-22 1 a 1 Pacific Oil 4 Thew 5- 5 Thomaston 7- 1 6- 2 6-15 6- 1 1 1 5-24 5-10 Tokheim 5-15 Toledo 5-10 4-20 Trico 8- 6- I. ,Tide Tide (quar.) (quar,)—— Stores 1 7-18 4-28 6-12 5-29' 8- 1 7-17' SI 8- 1 7-17' 6- 1 5-12 6- 1 5-12 6- 1 5-15 6- 1 5-15 $1.25 6-30 6- 9-29 9- 126- 5-15 5- 8 50c 6-10 10c 6-10 7- 1 7- 1 Co. 4-20 7- 2 6- 2 7- 2 6- 40c iquar.)— 59 %c (quar.) Oil (quar.) (quar.) 5-19 5-15 8-15 8-10 25c 11-15 11-10 1. $1.75 (s-a)— 6-15 6- 6-15 5-31 6- 5-15 $1 5% Rubber 1 2 9-19 5-15 4-24 $1.06'A 5-15 4-24 7- 1 b-10 $1.12% 5-15 4-20 25c (quar.) Missouri— of Co Lines. 4-20 87 %C 5-15 4-20 50C pfd. (quar.)— pfd. (quar.) 5-10 4-19 6-10 conv. 5-19 12% 6- 1 ^ 5-18 $1.25 $1 6- 1 5-15 Circuit— Theatre Artists 4-29 5-15 . 4%% Inc., 5-15 933Ac (quar.) A SI 92 %C (quar.)— California ot preferred (quar.)_ Biscuit Co. of America, $4.50 6-29 7- 10- $1 (quar.) & Co. preferred Air United 1 62 %c common— Aircraft Corp., 5% United United : common— preferred (quar.)— Corporations, Ltd., class A —— iquar.) $1.25 40c $1.12% 137c 6- 6-15 6- 1 5-16 1 6 7-15 7- 5-15 4-15 — 4-29 4-29 6-15 United 75c 5-16 5- 5 5 United Gas Improvement Co. Class 6-19 4-28 5-15 7- 3 6- 7- 6-30 9 S. U. S. $4 5-23 7% 6-28 $25c 7-29 25c 6-10 6- 1 25c 6-10 6- 9 6- Engineering .& Foundry, com. 1 U. $1.75 5-16 5- (increased s-a) dividends wi'l be instead of a semi¬ 70c 6-30 5-31 (initial quar.) 75c 6- 1 40C 6- 1 $1 6- 1 5-10 $1.75 6- 1 5-10 $1.06'A 6- 1 5-16 quarterly SOc 6- 9 5-26 22 %C 7- basis. Finishing Co., convertible preferred $$1.12% 6-15 50C 5-15 4-15 Hoffman S. U. S. pfd. Lines 4%% common (quar.)—_—— preferred (quar.). Machinery Extra — (New Society 5-23 5-10 Corp.—- (quar.) Co. preferred Loan / in September a Envelope Co., new com. 4'A% U. 5-15 S. (quar.) preferred 1 6- (quar.) annual U. —: B Beginning paid on 3;' — preferred 5-18 5-15 6-30 50c & Gas, class A (quar.)————— 1 1 5-31 1 — 2 66- 5-31 1 $30c 5- 5-15 15c $25c 5-15 — Ltd.—____________ 5-12 4-28 $25c $$1.75 Ltd. •5 6-12 6-15 6- — Canada _U__— 1 5-15 7-1 $1 31'AC 62 %c (quar.) 5-10 62 %c prelerred $3.75 7% (quar.)—— 1 5-31 1 (accum.) — LaSalle Street Corp., common Rubber Co., Union 2 1. 6- 30c Association preferred (quar.) $4 preferred (quar.)— — $3.70 preferred (quar.j— $3.50 preferred (quar.)———— 4-15 5-25 $50c 6- 6-15 $1.06'4 ' $56'Ac 6-15 6-15 1 Co. Insurance $4.50 6-10 5-10 $30c —.— of 15 c • 31'Ac m 5-15 6-26 6- preferred United (See 4-28 C- 7- Corp Asbestos 5-10 4-25 5-15 50c (quar.)—1_ —L preferred Greenbush RR. Electric 1 5-19 City Fourth Unit, Inc.— $4.25 8 6-15 50c —_ ________ 12-27 5-11 4-25 25c Union 8 5 15c Common 9 6- 5-19 25c Temper Tyer 11 40c — - & $6 5 93 %c (quar.) com. (quar.) Co. 4'A% Gas True 40c __i Oil, (quar.)—— Power Troy Tudor 5 12'AC (quar.) Quarterly 25c Ltd. Inc. Quarterly 90c !• 5-18 6- $1 Quarterly 5-15 5- 7 75c Oil, Tank & Pump (irreg.) 30c 27 %c 5-15 5-15 6- 25c — - — Co., Associated & 6-15 POc (increased) (quar.)__ Edison, Oil 4-1P Co.— preference preferred Water * 1 $70 interest prop, Co. Water $3.75 9* 6- 6- 25c Mills Drug 1 5- 6-15 50c of preferred 5- 5-29 10c Thompson Products Co., common 9- 3 70c Shovel Thrifty 5- Trust— convertible 12- (quar.) common & Land Certificates 7- 1. 5-15 ':! 25c shares 1 I 25c Corp (quar.) Co. (quar.) —• Pacific 6- $1.25 (quar.)— Ltd. Coal Extra $2.40 9- 4-28 $1 — Chemical & Co. Texas -a $1.25 Shops, (accum.) Products Gulf Producing 5-15 — common Co. preferred (quar.t — Mines, Ltd. (interim) — 4.32% preferred 1 6- $5C Teck-Hughes Gold Telephone Bond & Share— 5- 1 27c (quar.)_ Fenn, 5-15 1 5-15 50c 5-15 Inc. 1st 7- 10- 50c Taylor 7%. 5-15 5-15 40c Tampa Electric Co Tampax, Tennessee 1 1 " 1 Texas 4-26 5-26 6- 6- 20c <s-a) 1 1 6 37 %c .• preferred 5- 9 7 10c (quar.) 4% 6- 5-22 1 912- 6-15 tlOc (increased) (quar.) preferred 5-15 & 6- 9-15 12-15 25c (quar.)—_.— 6-15. 6- 5-25 5-15 1 40c Co. 6- * 6-15 25c —• Ltd. Mines. 6% Oil, preferred Inc., 1 5 5 5- -A 6- 37 %c Quarterly 6-15 55- 5-15 5-15 5-15 25c 'M Consolidated 7- 4-30 25c (quar.) Co., 6% conv. pfd. (quar.)_ Electric Securities, common 2nd & 5-15 21c Drug Finch Talon, 6-16 1 1 7- 31'Ac (quar.) Corp. Common 5-15 1 6- 6- 35c (quar.)-— common Gas Company 12-10 5 is-a; (quar.) Propane I 5-20 9 $1 56c (resumed)— Inc. Co., Ltd., 5- $75c iquar.) Coal Co.. preferred 9-15 *. (quar.) Corp. Textiles, & Union Corp., Company Stores, preterred Coke 12-15 (quar.).——— :.w" Oil 4% % Corp., (quar.; Company Stern Stonega 91'Ac Delaware Simpson's., Ltd., 4%% Sinclair 7 B Lithograph Brothers $1.07% Corp. of America— convertible preferred Breweries, & (A.; & 10- 7-25 ——— preferred (quar.) Class 6-30 Sterchi United preferred Signal /**" Stein 5-18 100% preferred (quar.)——_____ B preferred (quar.) — preferred Sigma 6-16 5-25 1 6- 85c 9-15 12-15 iquar.) 6-15 $31'Ac Candy Sherwin-Williams 12-15 1 9-18 (The) Trinity Universal Ltd.___ of Sherwin-Williams 5-22 1 6-15 12-15 RR.— Products 4-17 7- 6-12 6-30 9-29 4 (quar.t Co. series Shellmar 5 10- 6-30 $1.25 5-15 7c — Acceptance, common— preferred (quar.)— — Shattuck Denn Mining (irreg.) Shawinigan Water & Power (quar.) 5 1-1-51 4 12-29 Secord). 6-12 $1 5 8- 5-18 50c SOc 5% 9-15 (quar.)____ 5- 6-10 $1.25 35c Securities 6-16 (quar.)_ 5-13 8-15 $1.25 12%c (quar.) (Laura) Laura 5 1-1-51 1 5-15 40c (quar.; (quar.; 7- — Surety Co. (quar.) Roebuck & Co. (quar.)_ 5-15 $1.12% $1 6- 12 %C 60C Corp. (quar.) 7-25 (quar.) 1-2-51 1 10 prelerred $1.25 Seaboard 10- 5-10 Co.— preferred $1.25 (quar.) preferred preferred Sears, $1.12% 9 5% tliOc (quar.) 5% 6-15 1 5 6- 5 % 208 South Line Air Seaboard 4-25 7- (quar.) (Indiana) preferred 4% (quar.) 9-15 $1.12% 5-10 6-10 4-25 7- — Inc., 1st 5-26 $1 50c (quar.) 4-25 Ry.— (quar.) preferred 1 1 20c 25c California Spring Co. (quar.) Woiks 5% $1.25 5% 1 3 5-19 5-15 Co., preferred 7- 6- 4-28 4-28 1 5-15 $1.12% stockholders July 17)— preferred Seaboard 4-25 6- 1 1 6- Stecher-Traung Co.— A preferred 10- $1.75 50c . 66- 40c Stanley 35c (quar.) Scythes & Company, 7% Philadelphia Mfg. 1 Co.— preferred 7% Pfeiffer il2%c (quar.) 9-15 $1.10 preferred (quar.t. preferred (quar.)— 4-20 5-15 1 1 12 %c Steel 15c Company common $1.25 _ Perkins 5-15 1 $$1.25 $1 $3.40 56c Pennsylvania Telephone Corp.— $2.25 preferred (quar.) 6- 40c 9-15 $1 (quar.)__ prefeired 50c . C- 6-15 5-12 — Corp. (increased!— Fisher Brick Co. (quar.) Industries, Inc 5'A% 5-15 2- 6-15 — 2 6- (quar.) Scbwhzer-Cummins 6- 2-15-51 87 %c (quar.) 3 7-15 (quar.) 10- 5-15 518 (quar.) Ltd., common Co., Thatcher Glass Mfg. 6-19 2- * 6-15 2 $$1.50 7- 2-15-51 1. 5- 3Cc 7- 6-1 Scoct Paper Co., common (increased quar.)_ Stock dividend (SiJflJBGl to approval of 8- 6- 5-15 10- $$1.06 4-30 5- 6-15 10- $$1.06'A _— 5-15 11- 6-10 45c (quar.) : Sub Scqtten-Dillon 8-15 Standard $1 4-30 11-15 6-15 40c Arms & 25c 25c 25c 25c 33c 33c 33c 33c $75c SI 3 12 %C (quar.)—. Antonio Transit 62'Ac — 5-12 50c $1.12% (quar.) Corp., $1.60 pfd. Corp. (quar.) Co. Silica 30c 4-30 5-15 5-15 Corp.— Quarterly Standard 25c — 4-30 5c 7- 5-15 — Francisco preferred preferred 62'/ic $1 $1.32 RR Corp 5-15 5-15 1 Oil $1 5-15 5- 7-1.4 6- (quar.). 01 3 6-15 7-14 55C Railway Equipment Mfg. 8-15 20c (quar.)— preferred preferred (quar.) 2nd preferred (quar.) 62Vic (quar.) common (quar.) 4%% 5-15 1 Oil 6- 20c 40c Standard 6-1 —_— Scnenley 6- Forgings Standard 6-1 (quar.) 4-30 5- Standard 5-10 11-15 5-15 1 (quar.) preferred $6 5-15 5- 7-15 1 40c Sayre 1 1 6- 50c San 6- 8- Chemical preferred 25c Savage 5-10 Dredging 6-10 —. —- 4-30 5- Standard — 5-25 1 7-15 $1.183A 5-15 7- 5-15 Sun 1 6-15 5-23 1 1 8-15 6- (quar.) common preferred 1 1 ar-15 9-15 8 (quar.)— (quar.) 5-29 9- 6-15 (quar.) Inc., 8- 12- 5-15 com. com. Inc. conv. Co. & Seal Cap conv. $1 5 5- Standard & Sons, Brands, $25c - 5-15 5-15 5-18 Co. Service, $4.50 Water $20c common 6- 5-15 6- 5-15 6-15 (Dallas) Service Ins. preferred $1.75 Ltd., 6- 1 $3.50 $1.75 preferred (irreg.) Corp. (o.uar.) preferred $5 6- 10c (quar.) Common 1st $5 5 5-15 2 4-13 40c Products, Steel Louis-San 6-10 1 Standard 5-11 $1.75 Regis Paper Co., common 4.40% preterred (quar.)_ 4-29 5-25 6-16 $1.75 St. 6-15 1 1 .'■■ 5-3* 6 50c (liquidating!— com. (increased quar.)_ Co., Royalty $2.40 4-29 5-15 7- 1 4-29 5- 6-12 t5c Inc. (quar.) Saguenay Power Co., Ltd., 4'A % pfd. (quar.) St. Lawrence Paper Mills, Ltd.— 4-29 7- Inc., Stamford 6- 5-15 6- $1.37% Common Whitehall & Sabine 4-14 5- Kellogg Spiegel, $40c Fuel (Jacob), Rutland 1 4-14 5-15 5-15 Spencer, 6-12 4-28 $40c , Corporation 5-15 31 'Ac 5c , — Common Haas Ruppert 6- 4-21 1 Standard (quar.) (quar.) Electric 5-15 15c Rowe • Peninsular Telephone, 5-29 Stern . Industries Ross 5-17 50c $1 (quar.) 5% Co. Public 6-20 $1 com. Corp. preferred (quar.) Peninsular Grinding Wheel Southwestern $1.12 % Company, : non-cum. 1 75c (quar.) Co., 6% 6- SOc Pipe 1 (quar.)____ preferred A (quar.)_ — Paper Co., Ltd., 4'A % pfd. (quar.) Hotel, common (irreg.)— 6-30 75c 4% Peabody 4-28 $1.50 __ Co., 9- preferred 5% ' SOc 32%c *— Eastern 9-15 (quar.)_ 30c (quar.)_ preferred (quar.) Patchogue-Plymouth Mills Life $28c 32Vic Co. Lumber Paciiic 5-15 Co.— quarterly) (quar.) Pacific Lighting Corp. Pacific Express (increased southwestern — 31'Ac 31'Ac 31'Ac (quar.) 1st Intermountain Common 1 (quar.) $1.25 (quar.) preferred A (quar.)— redeemable preferred < initial) 4.80% Southwestern 6- 7- 'j Associated 25c 34%c pfd. (quar.) preferred 1st 4-15 6-15 4c 25c 37Vic pfd. (quar.)___ Robinson Co. (quar.) 6% 5-25 25C Roosevelt 75c Co Co., preferred (quar.) 5Vi% 4% 20c 20c $1.12% 35c Co. Electric & 5-31 $1.183A 1 5 $1.25 preferred (quar.) Telephone— $1.60 . $1.25 preferred non-cum. 1 .1 5- 75c non-cum. SOc Rclland pre¬ Paper $5 Gas 6 5 4-28 $1 Glass Brush Pacific Gamble 56- SS (quar.; Marine & Mfg Owens-Illinois 6-10 last stock B Oswego Outboard, 6-15 5- ,i 50c 5% $5.50 • 20c $35c (quar.) 5% Southwestern 25c Mountain 5-15 $3 (quar.) Falls Corp., 1 (quar.)__ Company (quar.) Manufacturing Co & 6-15 $75c $$1.75 (s-a) Osgood Company,.class A Class the for 9 5- 8 5-31 (increased) — Ltd. Co. Standard Gas Rockwell 2 , published payment intended was Co.— 3 6- 50c (quar.) Electric Corp.— Quarterly Quarterly 50c $3 (s-a)_ Telephone .5- i Quarterly 9- $1 (quar.) Orange 1 5-31 5-15 5-10 Co 6- Corp. Ages 6-15 25c <quar.)__ Railway 25c (quar.) & pref. 1 20c B Southern 7- (quar.) 9-30 6-10 5-17 $40c common preferred 7- 50c 593/ac :_ class preferred Pacific of 40c _. common 7% 5% Rock 10- 25c 6-10 ; $0.2979 30 %c —— (quar.)—. Gas 50c 43A% 4-28 6-30 Natural $1.25 preferred F (quar.) preferred G (quar.) 4% 5-23 1 Company Southern 15c 5-15 called issue — Power, Southern 50c 5-31 Gas— (Entire — $1.50 (quar.) Rochester Gas & 5-10 3 Canada 4-28 4-24 50c ———— Tobacco, Little A $1.10 Ontario Steel Products, Ltd., com. (increased) Oxford Class $1.10 (quar.) A Southern 5-15 7- 1 5-15 (quar.) 5-15 87 %c 6- 5-31 Edison— 20c (extra) 6-30 75c May 10 at $52 per share on preferred 4.88% * 31'Ac — .— California Southern 6- (quar.) & preferred conv. 6-30 Quarterly preferred Robinson 1 7- Electric Carolina redemption 8c (quar.)— - (quar.) Works 84c Inc.-—• preferred ■(quar.)_ preferred (quar.) 2nd (quar.)_ Filters, class conv. A 1 Stix, 5-31 common preferred Pacific Rice, 1 6-20 5-25 Lathe 5 4-29 40c pfd. conv. 5-15 $27c preferred 2nd ___ Co Gas, 1 6- (quar.)__ preferred Manufacturing Co., com. 4'/2%- 7% (quar.) Tubs 6- (quar.)______j—_______— 5-31 (quar.) preferred Ontario Ox Rheem 1 6- Co. $25C — B 6-30 (quar.)__ Natural Industries, 4% Oliver Class 35c Seamless Oklahoma 6-30 — (R. J.) Reynolds 2 1st 30c Pulp Bend for 90c Corporation, common conv. preferred A (quar.) 5 % % 1 6-30 (quar.) 1st +25c $$1.75 5- Ltd., Extra 4-21 6- A 7% Extra Ohio 6-15 5-15 1 5-15 Co., 22 %c $5c 5-22 6- Aircralt $1.25 Mills, (quar.) 7% (quar.). Company A 5-10 (interim; (quar.)_ preferred Oil Ohio Class *-i.Z (quar.) preferred 4.40% non-cumulative 9 Bancorporation (quar.) preferred 4.40% $1.60 7% (accum.) preferred 3.90% $1.60 6- 5-10 35c _______ non-cumulative 5-10 (quar.)— Ogilvie FIcur Mills, Ltd., com. (quar.) 7% £ referred (quar.) Oliic Edison Company, common iquar.)___ Common 5-19 5-15 1 1 6- (quar.)— Inc. Sonotone 6- $1.02 —.—— 1 6- Solar 6-20 ,15c Brass Knitting $1.50 $1.37'A Ry., common Texas & 9 6-15 5- 5-10 Co., 40c Ltd., preferred non-cumulative preferred 5-15 $1 (quar.) (accum.) preferred Central Copper Class 12%c (quar:)_ preferred 9 Oil 15c $1.60 5- 6- 25c — Regent 1 5-1* 25c South common 1 5-15 1 5-31 (quar.— 5- 6- 1 6- 6-28 — 5-11 5-15 6- $1.05 50c 5-15 50c 87 %c (quar.) plus this dividend 5-19 42%c (quar.) preferred Soundview 5-11 _ preferred 4.20% 4-21 preferred A (quar.) preferred B (quar.) 6% 5-11 3.50% South com. Inc., 5-19 8-10 4-21 (quar.)__ iquar.) A 6-10 11-10 $20c (quar.)__. eommoft Stores, 9-1* 30c com. i 5-15 ___ (quar.) Co., 12-11 1 5-15 (quar. common preferred Revere 5 Investment— preferred North 6% 5-11 5-22 Owl 43A% 5-10 6- & Sons Carpet 9-20 12-20 9- 65c : America, Republic Investors Fund, 5-31 5- Inc., preferred Red 1 5- 1 preferred (quar.; Corp., Ltd._; Raining Normetal 1 5-15 Dock $4 Railway Western 5-16 6- 20c Co., adjustment 5-26 50c (Alexander) $1.10 (initial quar.) Reading Company, common (quar.)_____ 4% non-cum. 1st pfd. iquar.)„ 1 6-15 __. Share 4% 5- 75c 75c Niagara Norfolk 4-29 5-15 20c Co Norfolk 5-15 $2 4-29 4-29 Corp.— News Shipbuilding & Dry Corp. Rayonier, Renold-Coventry, Newport Nopco Chemical 5-15 5-15 Smith Gas— preferred 1st 6-1* 6-20 50C Socony-Vacuum preferred $3.50 conv, 5-26 50c 5% State Oil Refining Power Co. (quar.)_____— Electrotype (quar.)___; 5-13 6-14 12- $1.06'A & 6-19 30c Iron & Quarterly Quarterly 25c Mexico Steel 25c Inc.__ New of Corporation of Radio 4-29 $$1.25 _ Gas & (initial) Mfg. 5-15 —_____ .>. Electric common 4-29 Corp— Founders shares 5-10 1 $1.25 (quar.) Inc. 5- 5-18 common par (initial) common 25c 4-20 5-15 5-18 — 4-29 <quar.)__ pref. stock Participating New 5 5-15 $3c $25 held. 5-2J (quar.)—. Puget Sound Power & Light Co. (quar.) Pullman, Inc. (quar.)— Pure Oil Company com. (increased quar.)— 5% conv. preferred (quar.)__ Quaker Oats Company, 6% pfd. (quar.) 5 5- 50c 60c t3c 50c 5% (quar.) _ Newmarket 5- 5-15 3.35% 4 5-15 5-23 preferred (quar.) preferred (quar.) Public Service Co. of New Hampshire— 4 8- 25c _ Jersey Zinc Company Air Brake Co, State 8- 5-15 4.08% 4-29 8-15 1 6-15 $1.40 5-16 25c 60c — deduced) Co. __— York Y. 6-15 3c Meter Co., common S2.40 preferred (quar.) New Calumet Mines, Ltd. N. 6-15 3 3c shares__ shares Steam York 3 7- 5c equipment trade Neisner New 7- 5-15 lc series Neptune New Electric 11c shares Nebraska-Iowa New Service 8c Vulcanized Naumkeag Public 8c groups Railroad National 6-15 Quebec stock series Railroad 3 Quaker series Selected 7- go series Stock Co. Rapid Preferred * Service 8-15 6- 6-15 Colorado— of Public 1 Sloss-Sheffield 20 (irreg.) Ltd. Co. 5-26 5-15 Skilsaw, 5-15 25c preferred (quar.) 6-15 6- each for com. new Mines, Selvice 4'A% 29: Balanced j Public 1 estimates of the regular are on April on 1 Funds— distributions ex 9- 12- 10- New 5-19 1 of Holdent 25c — Proprietary 1 1-2-51 1 5-19 1 6- __________— of America, Gamble, 2 tl5c (quar.) A held) 6- 7- $15c $15c . A share (one Year-end Hosiery Mills, Ltd. Class A (quar.) Class dividend 1 i; America of 1 6- —— 8- National Class Metals share each for $$1.50 share additional One 40 Payable of Ren. 100% (Stock dividend) Skelly Oil Co. t50c (resumed) (quar.) Quarterly 9 6-30 6- i: (quar.) Mines, Ltd. Rouyn Gold 11- 6- Ltd. 5 5- $1.25 ______—— _______ Co., 5- 1 37 %c (quar.) ; 5-12 6- (quar.) River 1 6- 7-15 $1 Share Name of Company $1.37% Steel, 5r/c pfd. A (accum.) pref. 1st series (quar.) Company, $1.50 class A pref. Powell "Welding Machine— Quarterly , When Per Boldere 6- 50C 1 (quar.) prior & When Payable of Ree 75c (quar.)__ common (quar.) 5-19 5%% Poor Stock Quarterly National 7-14 5-31 5-15 $12Vic V. $i5c (quar.)____ Share Name of Company Powell (quar.) convertible 6Cc Per H older• 50c —— Co., common (Irreg.) Lines, Inc., common (quar.)_ $4 Common When Payable of Rec. $1.25 25c $1 60c Casket National (1929) The Commercial and Financial Chronicle ... Jersey) (s-a) (Phila.) (quar.)— — (s-a) —■ 1 6-15 30c 5-15 4-30 IOC 5-15 4-3-1 G 50 (1930) The Commercial and, Financial Chronicle Per Name oj U. 8. Share Company U. S. Playing Card (initial quar.)- Co. $1 *«.. When Boldert 7- 6-15 1 6-20 i: 75c Quarterly *.* U. S. Potash Company. 9-20 8-31* 12-20 6" 6-15 ) 8% 1st non-cum. Net ry. "• 1 Net from Net ry. Virginian Ry.—Earnings— pfd. $2 6-10 5-15 15C (quar.) 5-15 5- 6- 5-15 March— 1949. 1950 1 , —V. 1947 1948 income oper. lrom railway—— 171, 1947$341,701 62,671 21,477 1,110,213 264,639 114,546 988,352 162,559 53,590 • 1,030,202 146,206 57,624 995,942 178,293 70,538 railway-! income— oper. 1948 $381,952 93,354 34,683 . From Jan. 1— , Gioss '\yl■/,;/ f,. 1950 ,1949 / $341,337 $360,756 48,182 57,531 17,050 26,553 railway.*** from 'railway—— (Continued from page 12) United States Rubber Co. Alabama—Earnings— " - from Net Investment News 11-30* 35c - % 6-31* 75c Quarterly March— Gross Pipe & Foundry 75c Western Ry. of General Corporation and Payable of Rec. Monday, May 8, 1950 ... 1466/ p. -s _ U. 8. / Spring & Bumper Co., common 1 Gross U. 8. Steel Corp., S. Truck Lines, United Steel United 65c . United Stores (s-a)___ Ltd. Corp., _ class 6% from 5- 1 6-15 ry, 5 5- $3,219,689 272,358 1,362,375 income—_ 926,959 289,289 162,276 8,831,861 8,459,285 5-25 9,381,896 railway—— from Net 1,750,218 3,008,286 2,384,173 6-30 6-15 Net 5-15 4-14 —V. ry, income— 1,194,652 1,1.53,038 1,502,661 4,089,818 2,512,743 50c 5-25 5-10 5-25 5-10 25c 6- 1 5-15 30C (quar.)—______ 6-28 5- 1 4-12 Gross Net from Net Oil 4-28 7-14 50c Consolidated income Net Earnings Co. (quar.). Universal Leaf Tobacco Co., common 4'A % pfd. Universal Pictures, Universal Winding Co., 90c (quar.) ry. $1.06'/, 6- 1 5-15 22'/2c (quar.) 6- 1 Gross Earnings— from Net ry. $8,465,726 . $6 ,167,334 $9,022,489 159,375 2,508,029 2,546,144 1,042,902 1,176,799 income.— oper. Taxes $8,109,0?4 2,126,701 railway railway.. 9 857,752 82,900 23,314,207 21 ,902,018 25,906,219 3 ,752,260 7.337,514 6,932/27 1,844,412 1 3,073,543 3,098,979 income •Deficit.—-V. Utah-Idaho Sugar Vanadium-Alloys Vanadium Vapor Co. 171, Corp. 5-31 5- 6- 5-12 30c .....— America of Heating Co 5-12 1 75c 5-18 (special). Steel 6- ,107,7*37 (resumed)_____ 2 5- Sales and and revenues preferred (quar.) $1.25 6-10 6- preferred (quar.) $1.25 9-11 9- preferred 5% Viceroy $1.25 Virginia Coal & Iron Co., Ltd. Co.___ 12-11 t20c (quar.) Manufacturing 12-1 "6-15 S1 6- 6- Net Other 5-19 1 Gross taxes 16,039,624 17,921,277 — preferred Interest Net (quar.) Waite Amulet Mines, & Warren $4.50 Ltd.__ D.) Washington Gas 7-17 1 139,458 961,932 6- —V. —— 171, 6- 1 5-12 6- 1 5-15 West Virginia 4-25 Operating preferred (quar.)— $1.06% 5-10 4-25 Operating expenses Falls & 6% Mfg. Co. (quar.) Indies Sugar Extra 4-28 5-15 5- $3 5- 1 4-25 6- 1 — 10- 5-22 5- 6- 3 Net V2 % preferred Western 1 5-15 jl2% Co. Net Life 6-12 5-29 $1.12% Common Western 5-15 5- Water Net RR. Co., common 1,599,868 $624,135 30,368 $692,023 available 106,979 for number average NOTE—During the the shares of shares outstanding first of quarter of common and outstanding at March 31, 9-15 9- 8 5-15 5- 15,000 shares of $4.50 shares of $5 7,481 1 1950 stock; 3,060 $1.38 in (quar.) $1.25 5-15 5- April issued 18,954 connection with 24, 748,000 733,144 Line (quar.)„ $1.25 8-15 8- 1 vide A (quar.)„ $1.25 11-15 11- 1 ing 5% preferred $1.25 2-15-51 2- 1 5% preferred Western (quar.) Utilities. Westinghouse Air Westinghouse Electric 3.80% Electric Co. (S. 8.) (quar.) 15c (quar.) Corp., Instrument Wbitaker Paper White Brake Mfg. Co. Auto Whitehead 5- 5-16 6- 5- 1 6- 1 5- 6- 9 37 %C 4-24 5% Stores Wiggin Terminals, Inc., ' 5- 5-15 5- 1 preferred vtc (quar.) $1.25 7- 1 6-23 preferred vtc (quar.) $1.25 10- 2 9-22 15c 5-22 4-28 Willcox & Gibbs __________ Sewing Machine Co., 20c 6-15 6- 5% conv. pfd. series A (s-a)___ $1.25 6-15 6- 1 5% conv. pfd. series (s-a)_„_ $1.25 Wilson Jones Winters & Co. B Crampton Corp, 6% preferred (s-a) Wood Woodall Industries, 5% Woodward Governor Woolworth (F. 5-15 (increased) 4%% prior pfd. 4%% conv. 5-27 6- 5-15 4-29 7- 5-31 5-15 6- 5-15 1 1 6- 1 25C 6- 3 40c 6-20 Ry. oper. Ry. oper. Net 1 6-15 6- 1 6-15 6- 1 — ry. 8- 1 7-20 10c 5-31 5-31 5-16 25c 5- 5- (quar.) $1.25 8 6-15 Less 1 Gross 30% Income Jamaica $666,068 $653,652 depreciation.—V. sold be to General by the to MARCH FOR railway > bidder will 15 pro¬ Motors Corp., and (2) under trustee conditional sale MONTHS 1948 1949 1947 $2,342,406 $2,449,837 539,340 $2,289,160 565,713 income THREE FIRST AND 646,403 $2,227,500 722,027 272,707 277,663 325,727 441,908 railway*— 6.102,995 6,505,681 6,854,579 6.008,994 railway.. income— 1,199,725 1,218,503 1,295,732 1,430,237 362,556 395,000 462,793 673,304 Power Co.—Files oper. Net from Net 171, ry. oper. 171, p. 1790. Net 2,302,682 2,481,058 6,162,070 $1,171,947 Sl.989,433 $3,711,777 income— 750,954 668,858 1,319,650 2,162,984 $3,653,005 $8,161,503 $11,374,647 An and Non¬ application Wisconsin various Purchase (a) properties from railway—__ $3,495,493 $3,251,948 615,335 349,509 Northern revenues expenses.— tax ity ry.. and rents Net Other 1,223,910 961,033 348,489 '.■'..'(d) SYSTEM INCOME five $3,695,887 $10,177,203 2,855,655 7,960,337 96,315 95,203 could ... 293,126 279,359 67,700 105,660 94,393 320,257 83,313 65,725 256,435 Misc. 188,953 $334,618 $584,910 $966,316 sell $123,847 42,408 56,432 115,716 198,864 $377,026 $641,342 $1,082,032 27,041 105,748 168,884 140,531 chgs._ $304,264 $567,478 $807,400 »$8,219 debt— 23,379 24,030 69,345 fxd. funded applied ing and to sink- ___ 37,287 $267,805 $506,161 ; \ 40,032 prof, •Loss.—V. and loss 171, p. 1466. t ■' rj held sale by offered the on were and met company 20,000 Electric of up to 585.405 shares of subscription by holders of the for the or. record be to are basis of advanced as a one The date^ share new record supplied by for each subscription date, amendment. by means which "the immediate Wisconsin and Gas the on shares Electric April of 27 its requested SEC $25 System par authorization stock capital (Boston), for to its cash a to issue and parent. New consideration of its of - . $4,250,000 of apply the proceeds of the sale to retire 2 'A % promissory notes now outstand- SEC has given interested persons until May 10, hearing upon the application.—V. 170, p. 537. The common to subscribe stock '• 37,28j $698,023 ^*$117,595 ... and be to 1950, to request C Zenith Radio Corp.—Rights Expire May 9— 72,090 ^ to issuance The a , 13,080 mortgage bidding; ing. , other reserve funds first of competitive by Gas, at competitive bidding, of $3,500,000 series due 1975, to provide for redemption Worcester County proposes to 190,399 46,822 after sale $1,500,000. $322,711 8,644 64,118 on liabilities; $15,000,000 at bonds, 3 V2 % series due 1966, at the together with its outstanding 33,425 series, at $105 per share; ; ; 102%%, stock 4%% and proposals be $1,500,000 inc. Income mortgage of outstanding shares England ___ from of Worcester County Electric Co.—To Issue Stk. to Parent Tne income income certain offered . charges—_—— deducts, Electric be advantages of combining the electric systems of those companies could at the same time be achieved."-—V. 171, p. 788. 290,790 Dr)__ (net 394,500 first stock, shares The 8,757,825 accrls. joint facil¬ to financing requirements of both Wisconsin Electric $9,654,540 2,900,109 sale by Gas of latter's electric utility $10,873,000 .cash and 150,000 shares of by price and other terms 1950^-3 Mos.—1949 1°50—Month—1949 sale mortgage bonds, preferred stock; The (e) Railway Co.) accruals. tax ry. oper. income Fixed the common STATEMENT Tidewater Southern SEC by this company authorization to enter into follows: assumption »of 1980. preferred Issuance first of 8,728,342 • $3,587,715 Ry. payroll tax accruals inc. 1,880,367 319,783 264,645 of Railway and End. Mar. 31— other 1,008,806 price of 2,927,021 Operating All 9,490,423 1,049,438 income CONSOLIDATED Ry. 322,073 9,111,367 2,206,582 railway ry. oper. •Deficit.- 623,216 9,624.540 of shares »■' railway and redemption 550,919 the seeking as Electric and and $10,500,000 $3,085,303 849,056 income-- oper, from 1947 672.744 With Proposals Redemption and retirement by Gas of its presently outstanding- (ci , 1948 $3,403,952 railway. from 1949 1950 Issuance with 1 Co, approximately common bonds, due June 1, Co.—Earnings— May Electric & transactions, by for filed was Gas proposed Electric RR. Electric Securities and Exchange Commission— 7,662,870 $1,135,815 Pacific Net Bal. tax. Wisconsin 1950—3 Mos.—1949 op. ry. 7%. tax. income and 1950—Month—1949 From Jan. 1— Int. this dividend. source. British built be railway— from (b) Inc. xLess $146,928 taxes income 5-19 tPayable In U. 8. Funds, less 15% Canadian non-residents' tax. tPayable in Canadian funds, tax deductible at the a the May on From Jan. 1— 1612. p. Total tax ry. 201,943 5-16 10c ; (liquidating)—. resident Net $355,595 201.943 $3,438,497 from oper. 171, Equip, 25c Monthly 15%; $868,011 50,485 — expenses. rev. Period Wyandotte Worsted Co. (quar.) tax income Operating 6- 6-20 resident which at 1950 from from Western Maryland Ry.—Earnings— (Sacramento $1.12% for $197,413 for provision 4-21 1 1 closed Gross —V. 5-15 6- 7- not 240,840 50,485 Period End. Mar. 31— Gross 25c •Transfer books is EARNINGS 886. ry. 1 5-15 $1.12% Tube 253,132 $118,696 from Monthly & p. Net 5-20 Youngstown Sheet 73,256 $169,181 •Including Net 1 Co. 79,909 Balance 7-14 6- Forge rate (CDT) Sept. 30, 1950, for financing the acquisition of one locomotive to be built by American Locomotive Co. March— Gross 5- 3 25C Axle & to or to equipment 3,630 preferred stock 1 50c (quar.) (quar.) Extra built prior The $1,096,435 other deduct. income on 7-31 Monthly York 2,294 $1,121,143 March— 30c (quar()___ Wrigley (William), Jr., Co. (Del.) 715 $270,669 5-12 6- 31'Ac __*_**, pfd. 315 $249,081 income- Western 5% quar.) (quar.) prior interest First p.m. 1 respectively.- 4-25 Worthington Pump & Machinery Corp. Common Net Divs. —V. 28c Company $1,092,805 lowest until National-Soo 1417 company, will road switching Net 1 90c . (quar.) Co. W.) 5,222,747 $1,118,849 income Interest & 4-24 $1.50 (stock dividend) (increased com. preferred conv. com. 8 30c : __: Light Co.* (Alan) Steel Co.. 6- 5- 25c common—— (quar.) Wisconsin Power & operating Net 6-15 15c (quar.)* (quar.) preferred 5,572,533 $269,954 income 1 50c Wisconsin Electric Power Co., 3.60% com._ (interim) Wisconsin Bankshares Corp. 1,389,021 $248,766 the for this Minn., $998,400 from time to time prior to Aug. 31, 1950, for financ¬ of two new freight locomotives and two passenger $86,400 new $6,315,552 for , 5% (Increased) operating Gross 1 5% Wilcox Oil Company Non 4-24 5-15 15c Rubber 5-15 12 V2C (quar.) Brothers 1,484,951 $6,691,432 Trustee agreements for the aggregate purchase price of $1,247,600 and $108,000, Net 6-19 5-15 record of acquisition locomotives 1950—12 Mos.—1949 $1,658,975 5-24 9 7- 1 (quar.) 1950—3 Mos.—1949 $1,733,717 expenses dividend of outstanding stockholders to above Minneapolis 2, bids (1) the 9 50c (quar.) •Operating 3 95c Stock dividend White's 6-15 6-15 Co._______________________ Dentai 1 40c * (quar.) Corp. 7- 5-15 50c common— preferred, series B Weston $1.25 _ preferred 6% Western Light & Telephone Co., Inc.- -Earnings— ___* 1950, 15, 7% Zelle, F. Bldg., receive 1299. A revenues May 1950. Edgar preferred Period End. Mar. 31- a Wisconsin Central Ry.—Seeks Loan for Equipment— $1,500,000 preferred Operating and payable 1950, is as follows: preferred stock preferred stock. 5% Corp.— both for financing and stock dividend, there will be 363,004 shares of capital stock outstanding (par $20) out of an authorized issue of 450,000 shares.—V. 171, p. 1503. 5% Stationery recently declared a cash 5% stock dividend on the company share per- stock, CAPITALIZATION—After 1 -V. 171, p. cents capital 239,01- .shares of common stock A additional working capital and funds acquisition of additional production and distribution facilities. 37% company shares initially DIVIDENDS—The during period. the the 29,891 PROCEEDS—Will: provide the $303,165 $1.41 24, 1950. The company also is time to employees of the company an additional 20,000 shares, plus same shares as may not be subscribed for Drexel & Co. is underwriting the 29,891 offered to stockholders. Transferable subscription warrants will expire at 3 p.m. (EDT), May 8, 1950. of 51o shares of $5 preferred stock and 15,894 shares the offering to stockholders in March, 1950. Capital stock issued 8 (quar.) assets), was 1949.—V. 171, 31, subsidiaries shares conversion under 6- 75C $310,851 •Earnings per share——i:_—_ 6-29 preferred & of by stockholders. 97,504 stock common its such of $400,669 dividends. stock 6-15 5% Tablet satis¬ the corporation as at March 31, $51,885,374 as compared with $52,176,p. 595. ' current Dec. and 253,834 $417,830 at offering at the $654,503 274,193 : Western position shares held of record April 1,518,735 . - 7- 3 (quar.) (net 175 $2,142,870 16,229 taxes +$1.20 ; Pacific 1950 1949 $675,794 and 30c _*_ capita^ 29,891 shares of additional capital stock (par $20) at $28.25 per share on the basis of one share for each 10 __*— income additional common working Co. —Earnings—Stock Service 1950 30c Co., between cost (S. S.) White Dental Manufacturing Co.—Offering to Stockholders Undei written—The company is offering to the holders of its capital stock the right to subscribe for deductions Preferred 1 (Toronto)— Insurance additional an to progressed $1.39 - income •On pref. (s-a)———a. Western of $849,656 $2,275,662 income Gross 5-29 25c (quar.) Assurance income Interest West'Virginia Puip & Paper— 4 installation The Yorkville Plant, estimated including auxiliaries, has at $2.62 earnings Other 2 6-12 $1 *__ 1949. $4,000,000 factorily. 1 75c (s-a)__—__— plants and operating facilities and $4,633,000 covering similar expenditures of of quarter unit 918,217 5-16 12V2c , Co., $4 pfd. (quar.) Corp. 5-15 20C (s-a)______ 10-17 10c Co.* Co. Wesson Oil & Snowdrift West 15c t20c Ry.___ (quar.). preferred Engineering Wentworth Northern & Fixture first and for its $1,600,749 revenues class A $6.24) 1 923.000 440,031 Years Ended March 31— 5-10 Mills, the amount electro-tinning Subscriptions— $1.12% Wellington during 1750.' p. <quar.)„ Wellman with an to expended $1,289,687 —— preferred Weber Showcase betterments $3,000,000 5-12 1 Light Co.— Cedar $4,010,137 $4.80 cor.*oration 440,029 stock. Earnings per common share (on 612,000 shares) 5 20c (quar.) Balance $4.25 Waterous, Ltd., and the quarter $2,040,778 preferred on $4.50 Waterloo 85,210 deductions. income Dividends 5-10 5- $1.13 .... Corp. 6-10 5-18 35c common—, $3,187,696 inc.— on 5-12 25c (quar,) Petroleum 1 6- 125c Company, preferred 8- 20c (quar.) Company (S. Warren 37j/2C . Corp. 2,387,000 33,957,453 2,955,000 share outstanding- common 1950 compares $2,122,694 $3,002,710' $2,207,904 — other and taxes —— the 1949 33,666,141 —— Federal estimated for During The Vogt Manufacturing Walker $2,863,252 revenues. income 12,137 $39,240,337 $40,922,590 .__* * profit Earnings per share $20,784,529 $18,162,318 Federal income :!**i--*_— 1 Virginian Railway, 6% operating - 1950 revenues* expenses additions 1 3.00 22,017,152 39,329,990 1612. Net 1949 1950 1 5% i— — , (& Subs..)—Earnings— . Operating expenses and 5% Provision Washington Gas Light Co. 12 Months Ended March 31— Operating Corp., 9.086,807 3.00 19,580,693 48,536,442 12,703 Wheeling Steel Corp. (& Subs.)—Earnings— 5 5 14.20% 9,274.743 Quarter Ended March 31— 1466. p. 10.96% —— . share—..*—_____ per * 171, p. Costs 25c Upson Company assets to net _ 66.73 22,941,508 5,283,633 railway railway oper. income paid 9.48 71.94 salaries of employees at Dec. 31 Number —V. 7.88 224,847.615 204,201,139 share paid and Wages From Jan. 1— from net taxes——— - — per Dividends 1947 and charges $ 155,662,755 136,765,538 24,633,016 28,978,246 ■ share per assets Dividends paid 1948 1949 1950 from 5-15 pfd conv. RR. products after assets Net March— Net Insurance iorest Ratio of Wabash 5-15 50c (quar.)— 1948 $ of Sales 1674. p. 1949 Year Ended Dec. 31— railway oper, 179, (& Subs.)—Earnings, Etc.— Weyerhaeuser Timber Co. 837,786 5,929,892 oper. from $1.50 (quar.) pfd. $4 Extra Universal $2,154,057 467,476 Net pitferred Wallpaper Universal $2,182,868 1,409,293 Corp.— convertible $6 United $3,037,543 From Jan. 1— Gross }15c (s-a)* railway railway— from t75C - pref. A 6-10 5-20 60c _____*— * (Del.) Inc. Steel, Ltd., 1 $1.75 common preferred (quar.) 7% U. 56 %c preferred (quar.) Net Net 4%% of share for on Teco, each subscription stockholders or before Inc. at five shares par certificates of May record 9, ($10 of will 1950 per Zenith not be July for J5, on common issued. Chicago is subscription agent.—V. 171, p. 1949, 100,000 share) 10. have shares of the basis of stock held. First National the right common one Teco Transferable Bank of Volume 171 Number 4905 .. . The Commercial and Financial Chronicle (1931) 51 STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS '/ /;. ALABAMA Bella Sheffield, Ala. Bond Offering — E. S. Enochs, City Clerk, will sell at public auc¬ tion at 7 p.m. (CST) on May 16 an issue of $194,000 public improve¬ ment coupon bonds. Dated May 1, 1950. Denomination $1,000. Due May 1 from 1951 to 1960 inclu¬ on sive. Vista Elementary Sch. Dist., County (P. O. Redding), Calif. Bond bonds Sale—The $5,000 building offered April 24—v. 171, 1612—were p. awarded to Dean bidder Bank was America of price of 100.78. 1 Tucson, Ariz. Offering — Carl M. Hitt, Clerk, will receive sealed v • Bond City bids until 5. for 8 the water p.m. (MST) purchase of $500,000 bonds. Dated March revenue 1, 1950. Denomination $1,000. Due March 1 from on June on clusive; 1952 to Interest approved by of Chicago. M-S. 1980 in¬ Legality & Cutler, Chapman • 000. Due June on from 15 1951 bonds offered 1612—were May 2—v.- 171, p. .• ■: Dist., Sale—The $490,000 build¬ offered May 2 were awarded to a syndicate composed bonds of the Bank National America of & Due the Sal e—The school state to (State $50,000,000 building, syndicate a of) Series A of composed June on from 1 1951 to Bankers Trust Co., of New York, inclusive. and interest composed of Kidder, Peabody Co., Goldman,. Sachs & Co., Halsey, Stuart & Co., Blair, Rol¬ lins & Co., Inc., Braun, Bosworth (J-D) the a cate & Stone & Webster Securities Corp., A. C. Allyn & Co., B. J. Van Ingen & Co., all of New York, Brown & Sons, Mercantile Co., both of Baltimore, Taylor & Co., W. E. Hutton /both of New Trust merce Kean, & Co., York, 1951 5,020,000 in to on inclusive. 2s. as from 578,000 - Due 1953 6s. as from * Due May 1 1954 to 1966 inclusive. l%s. as Due 1967 and May on L. R. Day & Co., of New York, Dempsey & Co., of Chicago, Dick & Merle-Smith, R. S. Dickson & Co., Eastman, Dillon & Co., Eldredge & Co., all of New York, First National Bank, of Minne¬ First National Bank, of New York, First National Bank of apolis, St. Paul, First of Michigan Cor¬ poration^ Freeman &/C Gibbons & Co., Inc., G. C. Haas & Co., Hannahs, Ballin & Lee, all of New 1 1968. Co., Noyes, Graham, Parsons & Co., Hornblower & Weeks, both of of York, The Illinois Company, Chicago, Kean, Taylor & Co., Kidder, Peabody & Co., Lee Higginson Corp., Lehman Brothers, all of New York, McDonald& Moore Manila, Bond Ark Sale—The 171, 27—v. 1612—were Heimerdinger, 3%s, at a price p. awarded to Wood & of Cincinnati, of 100.68, as basis of about 3.69%. a County (P. Niles), Calif. Offering O. Henry May, Secretary of the Sanitary Board, will receive — bids sealed until 8 (Calif. DST) on May 8 for the purchase of $320,000 sewer coupon or registered bonds, di¬ p.m. vided follows: as $260,000 union V sanitary district bonds. Due V Denomination June on $1,000. 15 from Louis, Merrill Lynch, Pierce, Fenner & Beane, W. H. Morton & Co., F. S. Moseley & Co., all of New York, E. M. New¬ ton & Co., of Boston, Northern Trust Co., of Chicago, Paine, Co., of St. 1951 to Principal and interest (J-D) payable at the ...,;/; County Treasury's office. 7,000 union sanitary district, An¬ Co., Salomon Bros. & Hutzler, all of New York, Schmidt, Poole & Co., of Philadel¬ phia, Schoellkopf, Hutton & Pomeroy. of Buffalo, Shields & Co., of New York, Singer, Deane & Scribner, of Pittsburgh, Smith, Barney & Co.. of New York, Stern Bros. & Co., of Kansas City, Stone & Webster Securities Corp., of New York, and Thomas & Co., of Pittsburg. The group a basis paid a tion $500. from Denomina¬ 4 bonds. No. Due 1951 Principal to and June on 1964 15 inclusive. interest (J-D) payable at the County Treas¬ bonds about of to 53,000 union sanitary from 2 bonds. Denomi¬ No. nation $1,000. 15 from 1951 Due to on 1968 June inclu¬ sive. Principal (J-D) > payable at the County and interest Treasurer's office. Dated June 115, 1950. Legality by Orrick, Dahlquist, Herrington, of San Fran¬ -/"'- /'/." approved Neff cisco. & as 4V2s. 1952 37.200,000 from as to Is. 1974 Due on on Bond Franklin Directors, will receive sealed bids until 11 a.m. (Calif. DST) on May 17 for the purchase of $800,000 hospital coupon or registered bonds. Dated June 15, 1950. De¬ nomination $1,000. Due/on JTune 15 from 1951 Principal and interest (J-D) pay¬ able at office. the Treasurer's Legality approved by Or¬ County rick, Dahlquist, Neff & Herring¬ National provement a & $110,000 derson, National Association, & Co., Weeden & Co., all of San Francisco, William R. Staats Co., of Los Angeles, J. Barth & Kaiser Co., Dean Witter & Co., & Co., Schwabacher & basis of about 2.09%, as follows: a $125,000 as 1951 from Due on June 15 31/4s. inclusive. 1955 to 50,000 as l%s. Due 1956 and June 15 1957. in Due on June 15, 1V2S. as on 1958. 75,000 13/4S. Due on June 15 as 1961 inclusive. from 1959 to 100,000 as Due on June 2s. 1962 from as to 2V4S. 1965 Due 15 inclusive. on June inclusive. Occidental County Sanitation Dist., (P. O. Calif. Offering — Walter H. Sonoma June 8 Additional will above on Principal and in¬ Bond DST) of on June Sale The — date or 1 from as 1951 2s. Due to 1 inclusive. 1961 South Pasadena, Bond Offering—Marjorie MerCity Clerk, will receive sealed bids until 8 p.m. (Calif. DST) on May 10 for the purchase of $250,000 water works, Series A Dated June 1, 1950. June 1951 * to Dated June 1, 1950. Denomina¬ Principal * and in¬ terest payable at the First Na¬ tional Bank, of Boston, or at the New Britain National Bank, New Britain, at holder's option. Le¬ gality approved by Storey, Thoffidike, Palmer & Dodge, of Boston. •" tion $1,000. North Stonington, Conn. 1950 $185,000 school bonds offered May issue of 4—v. 171, p. 1828—were awarded Co., and Putnam to Calif. ritt, bonds. from 1 Bond Sale—The Due on June as 21/4s. from 1956 to June on June 1 from on on 100,000 school, 30th Series bonds, inclusive. 1955 to Due 1951 to 1970 inclusive. 1970 inclusive. Levy & Williams, and Dean Wit¬ ter &„.Co., all of San Francisco, jointly, at a price of 100.002, a basis of about 2.19%, as follows: $16,000 fund, 21st Series, 1st Issue bonds. 1 $40,000 awarded were (DST) on May 9 for of $300,000 bonds, follows: as $200,000 sewer 1 De¬ nomination $1,000. Due on June 1 from 1951 to 1970 inclusive. Prin¬ cipal and interest (J-D) payable at the City Treasurer's office. Legality approved by O'Melveny & Myers, of Los Angeles. Bella Union Sch. Dist., Estabrook & & Co., both of Boston, jointly, as basis 1.65s, at a price of 100.12, a of about 1.63%. FLORIDA Orange County (P. O. Orlando), Fla. Bond Offering—Ralph A. Potts, Executive Director of the State of Board Administration, will re¬ bids until 9:45 a.m. sealed ceive (EST) on May 30 for the purchase $435,000 SB A ref unding 1950 ' bonds. Dated July 1, 1950. Denomination $1,000. Due on July 1 in 1962 and 1963. Legality ap¬ coupon County (P. O. Visalia), Calif. Bond DST) Due County will until 10 a.m. Stew¬ receive (Calif. Caldwell, Marshall, Trimble & Mitchell, of New York City. school HAWAII Dated 1, 1950. Denomination $1,000. on June inclusive. bonds. 1 from 1951 at the County Treasurer's office. Canaan, Offering Malcolm will receive (Hawaiian Treasurer, County sealed bids until 9 May on a.m. 17 for the purchase $725,000 public improvement coupon bonds. Dated May 15, 1950. Denomination $1,000. Due on Nov. 15 from 1954 to 1978 in¬ of Conn. — (P. O. Lihue), Hawaii Offering — K. C. Ahana, E»ond ST) CONNECTICUT Bond Kauai County to 1965 Principal and interest payable (J-D) by proved May 9 for the purchase on $59,000 June Gladys — Clerk, bids sealed of Offering County art, D. interest and Treasurer, will receive sealed bids at the office of clusive. Day, Berry & Howard, 750 Main Hartford, until 2 p.m. (DST) on May 9 for the purchase of $130,000 school Issue of 1950 coupon bonds. Dated May 1, 1950. Denomination $1,000. Due on Bank Street, City. Legality approved by Wood, King & Dawson, of New York Canfield, May sive. able Town 1 from 1951 to 1970 inclu¬ Principal and interest pay¬ at the National Iron Bank, Chase Na¬ of New York City. Legality approved by Day, Berry & Howard, of Hartford. V Falls Village, or at the Bank, Danhury, Bond Conn. Offerin g—Albert H. Henebry, City Treasurer, will re¬ ceive sealed bids until 11 a.m. May 8 for the purchase sewerage system cou¬ (DST) on May 17 for the pur¬ registered bonds. Dated chase of $475,000 coupon or regis¬ 15, 1950. Denomination $500. tered bonds, divided as follows: on $18,000 pon June inclusive. American Trust Co., Lawson, the Santa Rosa), pm. on 1966 Due 1 Britain New Bank, New Britain, un¬ a.m. purchase inclusive. Moreland Sch. Dist. bonds offered tional 1965 inclusive. Clerk, until Due to 214s. as Francisco, and C. N. White & Co., of Oakland, at a price of 100.005, Nagle, County Clerk, will receive sealed bids until 11 a.m. (Calif. City bids 2s. June on 1961 the of care divided from 1967 to 1973 inclusive. Stone receive (Calif, DST) on May 8 for the purchase of $385,000 sanitary sewer and water system improvement cou¬ pon or registered bonds. Dated June 15, 1950. Denomination $1,000. Due on Jiine 15 #rom 1951 to sealed Due to 1962 Lawson, Levy & Williams, & Youngberg, all of San Co., 15 from 1966 to 1970 An¬ 1951 as 70,000 offered Blyth 125,000 L. 2%s. as from im¬ 171, p. 1612—were syndicate composed Savings in the Co., of San Francisco, of 100.08, a basis of 2.06%, as follows: price a about Tulare of America Bank of the H. of bonds 1950 1—v. awarded to R. at Terra The $500,000 — to awarded — Taxation, will receive sealed bids til 11:30 Merced, Calif. Sale Bond Davis, Bond - Moulton & ton, of San Francisco. May 1 in Calif. Offering—Essie inclusive. 1970 to $230,000 and Offerin g—Marion C. Ibach, Secretary of the Board of Conn. W. H. Judd, President of the Board of Finance Britain, Offering 1712—were (P. O. San Rafael), Calif. May 1 1976. Sal e—The New Bond McKinley Sch. Dist. bonds offered April 24—v. 171, p. County, Marin Hosp. Dist. Bond May 1 inclusive. on 1950 to 1967 inclusive. County Sch. Dists. (P. O. San Jose), Calif. 24,000 Marin as inclusive. 13/4S. Due as 1957 4,800.000 Due 1956 to 1 from Dec. on Principal and in¬ terest (J-D) payable at the County Treasuer's office. 25,000 $8,000,000 district^ V rates interest follows: 1975 and urer's office. Annex bear price of 100.05, 1.74%, for the Dated Denomination, $1,- 1973 inclusive. Trust & school bonds. 1948. 000. Due May : nex $25,000 Dec. 1, Webber, Jackson & Curtis, Phelps, & Co., D. A. Pincus & Co., R. W. Pressprich & Co., L. F. inclusive: 1970 of Rothschild CALIFORNIA Bond Mer¬ Trust Bank Fenn Alameda • Detroit, &/ of Co., cantile-Commerce $124,000 water and sewrer refunding and im¬ provement revenue bonds offered April P. Harper & of Seattle, Hemphill, Elementary Sch. Dist., San Mateo County (P. O. Redwood City), Calif. Bond Offering—W. H. Augus¬ tus, County Clerk, will receive sealed bids until 10 a.m. (Calif. DST) on May 16 for the purchase to 1970 inclusive. 1951 from 75,000 intercepting sewer bonds. Due on May 1 from 1951 to Santa Clara from La Honda 1970 inclusive. 125,000 outfall sewage treatment plant bonds. - Due on May 1 Dated May 1, 1950. Denomina¬ Offering—Harry L. Ali¬ son, County Clerk, will receive tion $1,000. Principal and interest (M-N) payable at the Chase Na¬ sealed bids until 11 a.m. (Calif. DST) on May 29 for the purchase tional Bank, New York City. Le¬ of $3,350,000 building bonds. gality approved by Reed, Hoyt & Dated June 15, 1950. Denomina¬ Washburn, of New York City. tion $1,000. Due on June 15 form Guilford, Conn. 1951 to 1975 inclusive. Principal Bond Sale—The $470,000 school and interest (J-D) payable at the bonds offered May 2—w 171, p. County Treasuer's office. Legality 1828—were awarded to the First approved by O'Melveny & Myers, Boston Corp., as 1.40s, at a price of Los Angeles. of 100.09, a basis of about 1.38%. 50,000 Treasurer's office. York, Wm. & Son New May 1 on Chemical Bank & all of New York, Com¬ Trust Co., of Kansas City, Inc., Trust Co., & $1,402,000 Phelps, Alex. Stranahan, Co., Inc., of Toledo, Clement A. Evans & Co., of At¬ lanta, Kebbon, McCormick & Co., of Chicago, Sterne, Agee & Leach, Watkins, Morrow & Co., both of Birmingham, Martin, Burns & Corbett, of Chicago, Freeman & Co., of New York, Magnus & Co., and Walter, Woody & Heimerdinger, both of Cincinnati, at a price of 100.05, a basis of about 2.11%, as follows: Harris & Co., Inc., Burr & Co., Byrne and Principal payable at $275,000 incinerator plant bonds. Due on May 1 from 1951 to Bond County to and the District, San Bernardino County (P. O. San Bernardino), Calif. 1970 syndi¬ awarded 1975 interest (J-D) payable at County Treasurer's office. Legality ap¬ proved by Orrick, Dahlquist, Neff & Herrington, of San Francisco. Fresno ed and Principal San Bernardino City High School bonds offered May 3 were award¬ Principal interest (J-D) payable, at County Treasurer's office. Bond Bond Sale—The $7,000,000 state . Sch. County, Walters Sch. Dist. (P. O. Fresno), Calif. Bond Offering—E. Dusenberry, County Clerk, will receive sealed bids until 10:30 a.m. (Calif. DST) on May 16 for the purchase.of $48,000 building bonds. Da" June 1, 1950. Denomination $1,000. inclusive. 1960 to (State of) highway contruction, Series 1950 J./,; ' ///•'.J' High Angeles County (P. O. Los Angeles), Calif. Bond ing Union June 15 from 1951 to on inclusive. Savings Association, of Biggs Union Elementary Sch. Dist., San Francisco; John Nuveen & Butte County (P. O. Co., of Chicago; J. Barth & Co.; Kaiser & Co.; Schwabacher & Co., Oroville), Calif. Bond Offering—W. F. Mat¬ all of San Francisco; J. A. Hogle thews, County Clerk, will receive & Co., of Los Angeles; Lawson, sealed bids until 11 a.m. (Calif. Levy & Williams, of Sdn Fran¬ DST) on May 8 for the purchase cisco, and Fred Blake & Co., of Los Angeles, as 2%s,<at.a price of $50,000 building bonds. Dated June 15, 1950. Denomination $1,- of 100.86, a basis of about 2.16%. California Arkansas Los Trust ARKANSAS . :/ Excelsior Due office. cisco. Francisco, as 3V2S, at a price of 100.53, a basis of about 3.39%. The second high¬ est (J-D) payable at the City Legality ap¬ proved/.by Orrick, Dahlquist, Neff & Herrington, of San Fran¬ Witter & Co., of San Legality approved by White, National Trust & Savings Associ¬ Bradley. Arant & All, of Birming¬ ation, San Francisco, for 3%s, at a ham. ARIZONA terest Treasurer's Shasta Principal payable at the (M-N) & Trust Co., Chemical New York ILLINOIS Cook County Sch. Dist. Bond No. 158 (P. O. Lansing), III. Sale—The $475,000 school bonds offered May 1 were ed John to Nuveen & award¬ Co., Mc- Dougal & Condon, and Sills, Fairman & Harris, all of Chicago, jointly, as 23/4s, at a price of 102.05, a basis of about 2.53%. Thevr second highest bidder was Central * Republic Co., Chicago, * Braun, Bosworth & Co., Inc., R. S. Dick¬ son & Co., and Scott & Wyandt, jointly, 101.88. for 23/4S, at a price of if 52 The Commercial and Financial Chronicle (1932) Des Plaines, Sale Bond nicipal The — First National Bank, mu¬ and garage jointly, May 1 were award¬ 100.61, Trust Co., of at a price Dec. 1 from 1952 to 1961 inclu¬ sive. Principal and interest (J-D) payable at the Continental Illinois National Bank & Trust Co., Chi¬ man Linder, III. has bonds road $45,000 sold been 1—v. 171, p. 1829 — were awarded to the Central Republic Co., of Chicago, as 2s, at a price of 101.62, a basis " Bonds Sold—An issue of the to bidder est Wachob-Bender was Corp., for 2s, at a price of 101.61. & gality approved by Charles Trauernicht, of St. Louis. Buffalo Dated tion O. Con. Offering Bond District Gartner, Harold — E. will Secretary, receive sealed bids until 1:30 p.m. Stew¬ art, City Clerk-Treasurer, will re¬ (CST) ceive sealed (CST) on until 2 $50,000 building bonds. Dated May 1, 1950. Due on Nov. 1 from 1951 to 1969 inclusive. Legality p.m. May 15 for the purchase of $27,000 fire department bonds. Dated April Chapman approved by Chicago. 1, 1950. Denomina¬ Due on Jan. 1 and & Cutler, March 1 23As. as Due March 1 on MARYLAND Dated Denomination $1,000. 1, 1948. H. and at the City Treasurer's office. Le¬ gality approved by W. Earle Cobey, City Solictor, and Niles, Barton, Yost & Dankmeyer, of Due on Prin¬ and 1968 in 1 Sept. 196*9. cipal and interest (M-S) payable at the County Treasurer's office. Baltimore. Legality approved by Skaggs, Hays & Fahey, of Louisville. County Clerk/will receive sealed bids until 11 a.m. (CST) on May Bond adam May 2 171, v. — awarded $1,000. to 1950. Legality by Sullivan, Donovan, & Hanrahan, of New Jan. on Heenehan York dated are approved 1829 p. — were 15, 1951. 18, Salem, Mass. Sale—The $85,000 paving bonds offered May 4 were award¬ ed to of Jackson & Paine, Webber, Curtis, of Boston, 100.07, Is, at a price as basis of about 0.97%. dated May 1, 1950. a Bonds are Denomination Due $1,000 on 1 from 1951 to 1955 inclu¬ Principal and interest pay¬ at the National Shawmut Bank, offered May City. Bond Boston, of or office. at the City Legality ap¬ Storey, Thorndike, of Boston. by proved Palmer & Dodge, Tyler & Co., of Bos¬ Swampscott, Mass. Sale—The $100,000 Note the for 13 of Due able ton, as l'As, at a price of 100.47, purchase of $230,000 a basis of about 1.08%, county school building revenue July 1 from 1952 to 1965 inclusive. Butler Township (P. O. bonds. Dated May 1, 1950. Denom¬ Grafton Housing Authority, Mass. J Interest J-J. Legality approved by Pomeroy), Iowa ination $1,000. Due on May 1 from Note Sale—The $150,000 Second! Ross, McCord, Ice & Miller, of Bond Sale — The $6,000,000 fire j951 to 1970 inclusive. Principal Series notes offered on April 27 y Indianapolis. fighting equipment bonds offered and interest (M-N) payable at the were awarded to the Worcester M'ay 1 — v. 171, p. 1829 — were First National Bank, Greenville. County Trust Co., of Worcester, Decatur, Ind. to the Bond Sale—The $70,000 water awarded Pomeroy State Legality approved by Skaggs, at 0.7u% interest, plus a premium works revenue bonds offered Bank ,of Pomeroy, as 3s, at a price of $1. The Second National Bank Hays & Fahey, of Louisville. of 100.83, a basis of about 2.65%. April 28—v. 171, p. 1398—were of Boston, runner-up in the bid¬ Paris, Ky. awarded to the City Securities ) ding, named a rate of 0.843%, Denison, la. Bond Sale—Tne $50,000 water Corp., of Indianapolis, as 21/«s, at ) Bond Sale—The $20,COO sewer revenue bonds offered May 2— Haverhill Housing Au' hority, Mass. .a price of 100.12, a basis of about bonds offered May 1 were award¬ v. 171, p. 1829—were awarded to Note Sale—The $773,000 First! *2.11%, The second highest biddered to the Carleton D. Beh Co., of Stein Bros. & Boyce, of Louis¬ Series notes offered May 4 — v. was Raffer.sperger, Hughes & Co., Des Moines, as 5s, at a price of ville, at a price of 101.50, a basis 171. p. 1829—were awarded to the ! Tor 2'As, at a 'price of 101.01. y 100.12. The second highest bidder of about 2.40%;, as follows: Chase National'Bank, and Sale-! 'A 7;'-'.Hrrmmond, Ind. I was Sparks & Co., for 5s, at a $21,000 as 3'As, Due on April 1 mon Bros. & Hutzier, both of y v Bond Sale—The $195,000 street price of 100.10. New York, jointly, at 0.80% in¬ from 1951 to 1957 inclusive. improvement bonds offered May 21,000 as 2'As. Due on April 1 terest. The second highest bidder Jefferson Indep. Sch. Dist., Iowa 4 were awarded to the Harris was J. P. Morgan & Co. Inc., dnti from 1958 to 1983 inclusive. B^iid Saic—Xbe $32,000 build¬ Trust & Savings Bank, of Chicago,' Bank, Boston, 8,000 as 2'As, Due on April 1 Second National ing bonds offered May. 1—v. 171, at 2s, at a price of 102.06, a basis from 1964 to 1985 inclusive. jointly, at 0.87%: interest. * p. 1023-—were awards to the of about J.80%. T Dated July 1, The second highest bidder was Northern Trust Co., of Chicago, Ipswich Housing Authority, Mass. -1950. Due on July 1 from 1951 to Pohl & Co., for 2'As, and 2As at Note Sale—The $270,000 Sec¬ as 2s, at a price of 102.28, a basis .1970 inclusive. a price of 101.63. % A " Ay' A "Aond Series notes offered May 4 of about 1.83%. The second high¬ "v'y.>'-.rc. Highland, Ind. were awarded to J. P. Morgan A est bidder was Harris Trust & L01523IANA ..Bond Offering—John A. Blom, Co. Inc., of New York, and the Savings Bank, Chicago, lowa-Des Town Clerk-Treasurer, will re¬ M oines Second National Bank, of Boston, Franklin Parish Sch. Dist. No. 3 National Bank, Des ceive sealed bids until 7 p.m.1 (P. O. Witmsboro), La. jointly, at 0.84% interest. The Moines, and White-Phillips Co., (CST) on May 16 for the purchase Bond Offering—V/. B. Glover, second highest bidder was First jointly, for 2s, at a price of 102 25. of $34,000 water works improveNational Bank, Boston, at 0.86%; Secretary of the School Board, rnent bonds. Dated April 1, 1950.1 Ottumwa Indep. Sch. Dist., Iowa will receive sealed bids until interest. tion Notes Treasurer's bonds National Second and Inc., Bank, Boston, jointly, at 0.84%?. $130,000 Mac¬ Pavement May 4 were National Chase ier, both of New York, jointly, at Mass. Sale—The the to Bank, and Salomon Bros. & Hutz¬ sive. MASSACHUSETTS Muhlenberg County (P. O. Greenville), Ky. Bond Offering — John Webb, awarded May Brockton, notes offered Series Co. Cumberland, Md. Offering — William Bond In¬ Housing Authority, Mass. 0.79% interest. The second high¬ est bidder was J. P. Morgan & Buchholtz, bonds. enue May 16 for the purchase on inclusive. 1989 on from 1967 to* 1970 inclusive, Due on May 1 from to Due Monday, May 8, 1950 . . Note Sale—The $145,000 Second Denomina¬ 1950. 1, 14,000 Rock port follows: Commissioner of Fi¬ revenue, will receive Hart County (P. O. Munfordville), sealed bids until 11 a.m. (DST) Kentucky on May 15 for the purchase of B 0 nd O f f e r i n g—Johnnie $400,000 flood protection of 1949 Wright, County Clerk, will re¬ bonds. Dated May 1, 1950. De¬ ceive sealed bids until 11 a.m. nomination $1,000. Due on May 1 (CST) on May 9 for the purchase from 1953 to 1974 inclusive. Prin¬ of $10,000 school building rev¬ cipal and interest (M-N) payable of bids May 3s. as bonds. revenue sewer $1,000. March Sch. Dist. Titcnka), Iowa Twp. (P. INDIANA Bloomington, Ind. Offering—Carl O. The second high¬ of about 1.77%. Municipal Bond Corp., of Chicago, as 2y2s. Dated April 1, 1950. Le¬ Bond Dist., la. ing bonds offered May t . and net interest cost a from 1951 to 1966 inclusive. nance Sale—The $125,000 build¬ Bond Legality approved by Chap¬ & Cutler, of Chicago. cago. $42,000 Coope, receive sealed bids until 7:30 p.m. (CST) on May 3 for the purchase of $310,000 water reflecting about 2.89%, as will Clerk, terest M-N. Sch. Con. Archer Albany, Ky. Offering—Melba Bond City 1953 IOWA bid a of of a Chi¬ cago, as 13/4S, at a price of 100.57, Chicago, and Union Trust Co., In¬ a basis of about 1.66%. Dated May dianapolis, jointly, for 1'As, at a 1,1950. Denomination $1,000. Due price of 100.64. on KENTUCKY the and of Richmond, basis of about 1.31%. The second highest bidder was Harris Trust & Savings Bank, ed to the Continental Illinois Na¬ tional Bank & l%s, as warehouse bonds offered Indianapolis, of Corp., ill. $100,000 . offered notes nue reve¬ April 20 were aV/arded to the Security Trust of at 0.65% jLynn, Oct. 27, on discount. Co., Due 1950. Winchester, Mass. Sale—The Note tional plus $300,080 reve¬ April" 27 were offered notes nue awarded the to Winchester a Na¬ interest, Bank, at 0.55% premium of $2. Winthrop Housing Authority, Macs. bale—The Note Series 171, May 4—v. 1830—were awarded to the National Bank, and Salo¬ p. Chase ■ Bros. & Hutzier. both of; mon plus a V/oburn Series .171, Housing Aulhori'y, Mass. $725,000 Third notes offered May 4—v. Sale—The Nose awarded 1830—were p. the New interest, jointly, at 0.86 % piemium of $15. York, - Third $850,000 offered notes to Bank;'; and National Chase - > & Hutzier, both of Salomon Bros. New at 0 79% in¬ highest bidder Morgan & Co. Inc., and National Bank, Boston, York, jointly, The second terest. J. P. was Second jointly, at 0.84% interest. , Denomination $1,000. Due on July ,1 from 1.951 to 1981 inclusive. Interes! J-J. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. . . - : j ; Bond Offering Leigh ton P. Smith, Secretary of the Board of Education, will receive sealed bids until j for 9 the 10 a.m. (CST) on May purchase of $1,600,000 bonds. Dated June 1, building Huntingburg, Ind. 1950. Due Bond Offering—John E. Garrett, ' City Clerk-Treasurer, will receive electric 300 nomination I utility Dated April $1,000. 1951 from to revenue De¬ Due (J-J) pay¬ able at the First National Bank of Sale—The $100,000 Bond ing bonds offered April Kansas City, Kan. fered $50,000 general improvement bonds offered April were awarded to Lucas, Eisen & Waeckerle, of Kansas City, as l'As, at a price of 101.40, a basis (A-O) payable at the State Treas¬ build¬ 28—v. by 1712—were awarded to the Trust & Savings Bank, of Chicago, as l'As, at a price of 101.13, a basis of about 1.29%. The second highest bidder was City Securities Corp., Indianapolis, fcr 1'As, at price of 100.95. a Twp. Sch. Twp. (P. O. Owensville), Ind. Bond p. Sale;—The Trust Co.; Indianapolis Bond & Share Corp., and City Se¬ curities Corp., all of Indianapolis, jointly, as l'As, at a price of 100.07, a basis of about ond Manhattan School District, Kan. Bonds highest 1.48%. bidder The Offered—Stern on sec¬ 1 from bonds. Due 1954 to 1961 108,000 l'/2% on school bonds. Due Aug. 1 from 1962 to 1964 Aug. 1 school bonds. Due inclusive. Dated hale—The $465,000 street Henhehan York office. Legality ap¬ Sullivan, & Donovan, Ilanrahan, of Offering — J. City Treasurer, sealed (DST) on bids until re¬ noon May 10 for the purchase $70,000 street construction 1950 bonds. Dated May 1, 1950. coupon St. John The Baptist Parish Water Works Dist. No. 1 (P. O. Reserve), La. Sale—The Bond $84,000 public improvement bonds offered May 1 —v. 171, p. 1595—were awarded National Boston. Shawmut Legality of Bank, by approved Storey, Thorndike, Dodge, of Boston. & Palmer of as 100.04, basife of about 2.45%>, a follows: $30,000 2'As. as Due 2'As. as on May t ».U t»'. City Securities :A\ -<\'A U *'■* . li sa3; City.1'/;; /A f 4 May 1, 1950. Denomination on May 1 from 1951 to 1964 inclusive., Principal and in¬ terest (M-S) payable at the MonDue $500. foe Savings Bank," Monroe. State Grosse Points V/ocds, Mich. Sale—The Bend offered $102,000 bonds 2—v. 171, p. 1713— to Blyth & Co., of May awarded were Chicago, Kenower, and & Co., of Detroit, MacArjointly, follows: Additional Due Sale on date 1 50,000 of New as 23As. a to 3s. to Mary District Or¬ follows: Due on Bond 000 20, Due 1970 on 1 1 May 1 from inclusive. Water Parish No. $56,000 April 22 bids will until Loan No. 1 interest Shawmut were Bank, at the of payable National Boston. Le¬ gality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Newton, Mass. price May 2 were awarded Merchants, National Bank, of Boston, at 0.63%> discount. Notes ot\ Nov. 2, 1950. Legality by Ropes, Gray, Best, Gpolidge & Rugg, of Boston. . I ' I 100.22, Rolls Nos. as 2s, at a a basis of J Mt. Pleasant), Note more, sealed on bids May 10 $65,000 notes. Due Mich. Offering—Maynard S. GilCounty Clerk, will receive on until 2 p.m. (EST) the purchase of Dated June 1, 1950. for May 1 from 1951 to 1955 Principal and interest inclusive. payable at the County Treasurer's office. to the dpe Assess. Imp., bonds, of May 1 on 1965 inclusive. Isabella County (P. O. (M-N) Note Sale—The $1,000,000 notes 2'As, due about 1.90%. of 1950 coupon bonds. May 1; 1950. Denomination Due on May 1 from 1951 1955 inclusive. Principal and as 1958 to " Dated offered water C6-G8 on 1957 to Spec. 21,000 re¬ neon on May 9 for the purchase $218,000 Highway Macadam Works (P. O. Morgan Sale—The offered City Treasurer, sealed R. May 1 from inclusive, and 2s, due as from William — (DST) of to May City), La. bonds Nov. basis $1,000. 1952 to 1960 inclusive. as 1961 Kees, 2.95%, as on Offering Freitas, ceive $84,000 offered price of 100.01, a about $31,000 on New Bedford, Mass. Bond May awarded were & The — bonds revenue Ducournau of Due an¬ approved by Stinston, Mag, Thom¬ McEvers & Fizzell, of Kan- Dated .1951 are were re¬ p.m. May 11 for the purchase $46,000 1 1959 inclusive. to from 1960 to 1970 inclusive. above discount. awarded to Weil & Co., and How¬ — 8 of $35,000 building coupon bonds. 1850. from 1951 54,000 0.72% ard, Labouisse. Friedriehs & Co., both of New Orleans, jointly, on 1829 on until bids $81,000 Lake Front Parksite Imp., general obligation 1950 bonds, to Weil & Co., and Howard, ticipation 17, at a price of 1C0.01, a basis of Labouisse, Freidrichs & Co., both were awarded to the Boston Safe about 2.19%, as follows: $35.of New Orleans, jointly, at a price Deposit & Trust Co., of Boston, at proved p. (EST) Will Secretary, Mass. tax notes offered April son, the sealed as Milford, improvement 1950 bonds offered to District thur Note Sale—The $100,000 May 3 —by. 171, awarded Pier), Mich. Offering — Florence Be- Bond Principal and interest payable at the (P. O. Luna i ceive Howard Free. Twp. School District No. 8 New will Salle La and than, ceive of MICHIGAN Erie Legality Maiden, Mass. Hughes, $100,000 fire 1950. 1850. City. Bond La. equipment bonds of¬ 3—v. 171, p. 1505— May $1,000. Treasurer's The by approved 10, 15, about 2.33%. St. May 1, 1950. Denomina¬ — Nov. 011 May Denomination $1,000. Due on May 1 from 1951 to 1956 inclusive. from 1965 to 1970 Principal and in¬ terest (F-A). payable at the State 'Richmond, Ind. • Bond Due dated are & awarded to Newman, Brown from 216,000 13/4% tion Js Notes Co.,, of New Orleans, 011 a bid reflecting a net interest cost of inclusive. perger, a Le¬ & leans,, at inclusive. Raffens- Hughes & Co., for l'As, at price of 100.C2. Aug. school Charles, Sale arid water 288,000 114% on was Publicly Bros. & Co., of Kansas City are publicly offering an issue of $720,000 bonds, divided as follows: 1713—were awarded to the Fletcher Legality approved Mag, Thomas, McFizzell, of Kansas City. Stimscn, Evers & clusive. $22,000 build¬ ing 1950 bonds offered May 2—v. 171, office. were $108,000 4% school bonds. Due on Aug. 1 fi om 1951 to 1953 in¬ Montgomery inclusive. 1970 to gality approved by Charles Trauernicht, of St. Louis. Bond Bond Sale—The urer's 171, p. Harris 1951 station Huntingburg. Legality approved of about 1.24%. Dated April 1, by Ross, McCord, Ice & Miller,! 1950. Denomination $1,000. Due of Indianapolis. on April 1 from 1951 to 1960 in¬ clusive. Principal and interest JCenltand-Jefferson Con. Sch. Corp. j (P. O. Kenlland ), ind. from KANSAS inclusive.! 27 1978 Principal and interest July on 1 from 1951 Dec. (CST) .011 May 24 for the purchase of $110,000 school bonds. Dated May 1, 1950. De¬ nomination $1,000. Due on May 1 a.m. Lake 1950 1, 1950. on 10 1970 inclusive. to .pealed bids until 7 p.m. (CST) on Jtay 15 for the purchase of $320,bonds. — Lansing School and Delta Frac. Twps. District, fto. 4 (P. O. y,i * * Lansing 15),, Mich. Bond -Sale-^The . $145,000 build¬ ing'bonds offered May 3—v. 171, Volume 171 Number 4905 . The Commercial and Financial Chronicle . . (1933) 1830 p. First Michigan troit, at of about 1.92%, of De¬ from Due 2s. July on to'. 1955 1951 as follows: as 13/4S. as 90,000 the to Corp., price of 100.17, a basis a $55,000 awarded were — of Due 1 inclusive. July on 1 from 1956 to 1961 inclusive. The second highest bidder MINNESOTA bids until basis of about 1.99%. a ]0;,. 17 for lection enue I, 8 purchase on of May $200,000 sanitary sewage disposal system and bonds. coupon 1950. Due (EST) p.m. the and col¬ rev¬ Dated March Denomination $1,000. County Principal and interest (M-S) payable at the Home State Bank, Lawrence. Legality ap¬ proved by Miller, Canfield, Pad¬ inclusive. Legality approved by Faegre & Benson, of Minneapolis. dock & Stone, of Detroit. Macomb, Oakland, Lapeer and St. CI air Counties, Clinton River Spillway Drainage District (P. O. Mt. y> Clemens), Mich. ' Bond Offering—Frank E. Lohr, Secretary of the Drainage Board, receive will sealed bids until (EST) on May 17 for the purchase of $817,000 Clinton River Spillway bonds, divided bonds. coupon Due on 1970 in- follows: as $437,000 Series 1 June from 1951 1 to 380,000 Series 2 bonds. Due on June 1 from 1952 to 1970 in¬ clusive. June 1, 1950. Denomina¬ tion $1,000. Principal and interest (J-D) payable Bank of Nankin and Dearborn Twps. Frac. School District No. 2 (P. O. Route No. 2, Inkster), Mich. Bond Offering—Alex Solomon, Director, will receive sealed bids until 7:30 p.m. (EST) on May 9 for the purchase of $30,000 build¬ ing bonds. coupon 1950. Denomination June 1 from 1952 Dated May 1, $1,000. Due on to ' Stanley, — Stewart, City Clerk, will receive sealed bids until 8 p.m. (CST) on May 18 for the purchase of $50,000 paving improvement certifi¬ cates of Indebtedness. inclusive. $1,000. suitable bank or trust company designated by the purchaser. Legality approved by Faegre & Benson, of Minneapolis. any County, Minnetonka Hennepin tndep. Sch. Dist. No. 7 (P. O. Excelsior), Minn. Bond Offering—G. H. Samberg, will receive sealed bids until 8 p.m. (CST) on May 16 for the purchase of $1,500,000 building bonds. Dated June 1, 1950. Denomination $1,000. Due Jan. on City R. R. 1952 to 1975 in¬ clusive. Principal and interest payable at any suitable bank or trust company designated by the purchaser. Legality approved by Faegre *& Benson, of Minneapolis. Rhine- 1975 to payable the at Chemical & 000 school issue addition St. Louis, Sale—The $29,000 County Ditch No. 52 bonds offered May 3 Bond from 1951 to Due a March 1 Burt Rollin — F. Publicly R. W. bonds. of bids until 2 p.m. May 17 for the purchase $5,265,000 coupon bonds, di¬ vided follows: as $160,000 public hospital, 6th Is¬ sue, Series B bonds. Due on June 1 from 1951 to 1970 in¬ ries B from 1951 Due to June on Meeker County (P. O. Litchfield), Minn. 1980, by 1 1951 from 4th C bonds. Due Bond of Due on 1970 in¬ to of 1, 1980. Due De¬ Feb. on interest and 171, p. 1714—were awarded to the Chase National Bank, and C. J. Co., both of New York, as 1.20s, at a price of basis of about 1.19%. jointly, 100.05, a Series B bonds. Due 1951 to County (P. O. Camden), N. J. June on June on from 1 1951 Sale—The $449,000 road bridge bonds offered May 2— 171, p. 1714—were awarded to v. to May 8 for the purchase of $60,000 Bond April C. " 30,000 penal institution, Series A bonds. Due 1951 1955 inclusive. to June on Due 1 Offering—Elsie J. Short¬ District Clerk, will receive sealed bids until 3 p.m. (DST) on May 10 for the purchase of $825,000 building coupon or registered bonds. Series 1 B 1714—were 2.70s, at at the Penns 1951 to 1970 inclusive. Lebanon Sch. Dist. No. 42, Mo. awarded J. to Homer, N. terest 500 recreational facilities bonds. coupon Dated Denomination $50. 1950. March 1 from 1951 to sive. Principal (M-S) payable 1, Due on 1965 inclu¬ and at revenue April the interest District Treasurer's office. Grove-Upper Penns Neck New Jersey $599,000 school bonds offered April 27—v. 171, p. 1614—were awarded to Boland, Saffin & Co., of New York, Van Bond Offering—N. G. Damoose, Clerk, bids until will 7:30 Bond Sale—The $42,500 general obligation bonds offered May 2— v. 171, p. 1830—were awarded to Scharff & Jones, of 'New Orleans, of 100.01, a basis of about 2.12%, as follows: at price a drainage improvement bonds, as 2s. 21,500 sewerage extension bonds, as 21/4S. receive sealed (EST) on May 15 for the purchase of $32,general obligation coupon 750,000 harbor bonds. Series 273.19 Dated May 1, 1950. ' De¬ Bonds bonds syndicate $1,273.19. Arnold, to Due 1960 and interest on May 1 from Principal inclusive. (M-N) payable at the City Treasurer's office. able of has sold been composed • of to Weil a & New Orleans, Equit¬ Corp., I Nashville, Alvis, of New Or¬ Securities Kingsbury leans, issue of $1,improvement, 5th & Lewis & Co. . and J. S. Sch. bonds. be Dist. No. Amortization the bonds choice first bonds the 52 and second ment bonds. (J-D) No. first choice and the second will serial choice Board of Trustees. Dated June 52 bonds. 15, 1950. be bonds of the Due on assess¬ June 1 -, 1950. Denomina¬ Principal and interest payable the at Rochelle Park Bank of Rochelle Park. Le¬ pur¬ of 100.14, V basis of a 1 v 1 (P. O. Manchester Sale—The $22,500 school Weinig Co., of Buffalo, as 1 %s, a price of 100.06, a basis of at Mount Vernon, N. Y. Offering — Sealed bid$ Bond will be received until June 6 for the purchase of $1,202,000 bonds, divided follows: as $800j000 school bonds. 277,000 highway bonds. 75,000 land acquisition bonds. 50.000 drainage bonds. -.!■ New York City Housing Authority, New York Note Offering—Thomas J. Far- rell, Chairman, sealed will bids until receive (DST) on May 9 for the purchase of $7,130,000 notes. Dated June 1,1950. Due on June 1, 1951. Legality approved by Caldwell, Marshall, Trimble & noon Mitchell, of New York City. Otisco, (P. O. Wilcox, District sealed receive (EST) Otisco Fire Dist. RFD Marietta), N. Y. Offering — Edward W. Treasurer, bids until 2 will p.m. May 15 for the purchase of $17,500 fire equipment coupon or registered bonds. Dated June 1, 1950. Denomination $1,750. Due on June on from 1 1951 to 1960 inclu¬ sive. Principal and interest (J-D) payable at the Syracuse Trust Co., Office. Tully Legality gality approved by Reed, Hoyt & Syracuse, Washburn, of New York City. approved by Kenyon & Ames, of Tully. Washington, N. J. Bond bonds June June $500. choice of the Board of Trus¬ Amortization bonds. Due $12,000 bonds about 1.22%. Bond from 1951 to 1966 inclusive. Dated v. 1950 bonds offered April 27—v. 171, p. 1714—were awarded to C. E. 1975 in¬ to from 1951 to 1960 inclusive. tees. 115,000 Sch. Dist. 1951 5,500 street improvement tion follows:, $37,000 High serial Sold—An nomination $1,000, except one for 1951 Miss. 1 for the purchase of $152,000 con¬ struction and equipment bonds, as from 23,500 general District Clerk, will receive sealed bids until 8 p.m. (MST) on May 25 divided 1 Y. New York clusive. Bond Offering—John C. Tolson, will Gulf port, p.m. June County Sch. Dists. (P. O. Ennis), Mont. Le¬ the Homer National 1.40s, as previously 171, p. 1831—were sold price Bond Bond Sale—The J-D. Madison $21,000 Ypsilanti, Mich. City Miss. by as No. . Cleveland, National Manchester, Farmington and Hopewell Cent. Sch. Dist. Co., of Newark, as price of 100.15, a basis — on apparatus a B. Sale—The May 17 for the purchase of $18,- De¬ Merrick. Sale Details—The about 1.36%. — sealed bids until 4 p.m. (EST) Freeport, $53,000 Sch. Dist. (P. O. Penns Grove), payable at the Commerce Kansas City. 1950. Meadowbrook of Bond fire & a May 1, cipal and interest (M-N) payable of about 2.66%. from Dated June 1, 1950. Denomina¬ tion $1,000. Principal and in¬ Dated nomination $1,000. Due on May 1 from 1951 to 1980 inclusive. Prin¬ water bonds offered April 27—v. 171, p. Manauer improve- June on from the to No. 29 (P. O. North Merrick), New York. at Lodi, N. J. Sale—The con¬ offered Bond noted in 1.69%. Bond $22,000 bonds awarded were Hempstead Union Free Sch. Dist. Bank, Co., as 1.70s, at price of 100.04, a basis of about \ The 1950 Weinig Co., of Buffalo, as 1.70s, at a price of 100.16, a basis of about 1.71%. The second high¬ est bidder was Tilney & Co., for 2.40s, at a price of 100.15. - chased June 1 from 1951 to 1955 in¬ clusive. p. syndi¬ E, the Camden Trust 900,000 municipal airport, 5th Is¬ sue, Series B bonds. Due on — of 28 a 1970 inclusive. Sale Bond Deventer Bros., Inc., of Newark, Bond Sale—The $80,000 build¬ and Woodcock, Hess & Co., of $400,000 hospi¬ ing bonds offered April 28—v. 171, tax anticipation notes. Dated May Philadelphia, jointly, as 2s, at a tal bonds offered May 5—v. 171, p. 1714—were awarded to the price of 100.18, a basis of about 1, 1950. Principal and interest p. 1714—were awarded to the Commerce Trust Co., of Kansas 1.98%. The second highest bid¬ payable at. the City Treasurer's Northern Trust Co., of Chicago, City. der was Stroud & Co., Julius A. office. and Harold E. Wood & Co., of St. Rippel, Inc., MacBride, Miller & MONTANA Unionville, Mich. Paul, jointly, at a price of 100.13, Co., and F. R. Cole & Co., jointly, Bond Sale The $30,000 water a basis of about 1.66%, as follows: Flathead for $600,000 as 2s, at a price of County Sch. Dist. No. 5 works refunding and extension $200,000 as l%s. Due on Jan. 1 100.14. (P. O. Kalispell), Mont. from 1953 to 1962 inclusive. revenue bonds offered April 24— Bond Offering M. R. Wood, Saddle River Twp. (P. O. v. 200,000 as l3As. Due on Jan. 1 171, p. 1714—were awarded to District Clerk, will receive sealed Rochelle Park), N. J. from 1963 to 1970 inclusive. H. V. Sattiey & Co., and McDon¬ bids until 8 p.m. (MST) on May Bond Offering — Joseph Gar¬ ald-Moore & Co., both of Detroit, The second highest bidder was 31 for the purchase of $446,770 diner, Township Clerk, will re¬ jointly. First National Bank, Chicago, and construction and equipment bonds. ceive sealed bids until 8 p.m. Milwaukee Co., Milwaukee, joint¬ Vernon Twp. Sch. Dist. No. 7 Dated June 1, 1950. Amortization (DST) on May 12 for the purchase ly, for 1 %s, at a price of 100.78, a bonds will be first choice and se¬ (P. O. Durand), Mich. of $61,000 coupon or registered basis of about 1.68%. rial bonds the second choice of Bond Offering — Robert Kerr, bonds, divided as follows: the Board of Trustees. In¬ District Secretary, will receive MISSISSIPPI $32,000 water bonds. Due on sealed bids until 5 p.m. Bond struction and 200,000 stadium, Series A bonds. a gality approved by Reed, Hoyt & Washburn, of New York City. Camden 1970 inclusive. to 171, Fallsburgh, Fallsburgh Fire Dist. (P. O. South Fallsburgh), N. Y. Bank NEW JERSEY 150,000 fire protection, 7th Issue, 1 from schbol 2—v. Denver, as l3As, at a price 101.01, a basis of about 1.65%. The second highest bidder was George K. Baum & Co., and As¬ sociates, for 13/4s, at a price of , Devine & 1951 to 1970 inclusive. bonds. Co., Sale—The $887,500 Series bonds offered May 1—v. 1950 June 1 from on May awarded both of Omaha, & Series Issue, O. of Caldwell, Marshall, Trimble & Mitchell, of New York city, boule- and clusive. Due Feb. $1,000. Principal ; proved inclusive. 1970 vard, Series B bonds. June 1 (P. Glore, Forgan & Co.; Commerce Trust Co., of Kan¬ sas City; Bosworth, Sullivan & Co., and Garrett-Bromfield & Co., er, 3,225,000 trafficway v of Omaha, Neb. bonds. 1 NEW YORK (F-A) payable at the Guaranty Trust Co., New York. Legality ap¬ 235,000 park and recreation, Se¬ No. offered 1714—were York, Rob¬ Spragins Dated clusive. Trust Co., p. 1, Dist. Santa Fe), N. Mex. Bond Sale—The $500,000 Neb. Memphis, jointly, are publicly of¬ fering, an issue of $1,970,000 bridge construction revenue nomination sealed Sch. Offered— Shields & Co., of New ert E. Schweser Co., on MEXICO County, Santa Fe Munic. 100.31. (P. O. Decatur), Agard, Director of Finance, will (CST) NEW Santa Fe County Bridge Commission Bond > and City, Mo. Offering terest receive (EST) on by Kalman & Co., of Minneapolis, as 2.30s, as previously noted in v. 171, p. 1714—were sold at a price of par, and mature on July 1 has l3As, at on par. cate composed of Mont. NEBRASKA 1966 inclusive. Kansas of about 1.89%. 171, Plentywood), Bond Sale Details—The $100,000 addition bonds purchased Walker & Co., 2s and as price of 100.01. Bond O. school of $149,- bonds second highest bid¬ First National Bank, Washington, and Washington Trust Co., jointly, for 2s, at a price of. * Sheridan County Sch. Dist. No. 20 Indep. Sch. Dist., Mo. been sold to G. H. of June 1, 1950. Amortization bonds will be the first choice and serial bonds will be the second choice of from 1951 to 1965 inclusive. MISSOURI Affton 8 p.m. (MST) May 27 for the purchase of $15,000 building bonds. Dated (P. Trauernicht, of St. Louis. Bonds Sold—An Clerk, will receive until The was on 1 Charles by bids 1.99%. der bonds May Co., New York. Le¬ approved sealed inclusive. 105,000 Swope Park >•. ment, 2nd Issue, Kandiyohi County (P. O. Willmar), Minn. will Clerk, (M-N) 1714—were awarded to Kalman & Co., of St. Paul, as 1.90s, at a price of 100.10, a basis Sault Ste. Marie, Mich. — from 1 on bald, District the School Board. inclusive. Due 260,000 sewer, ■ 1955 May 1, 1950. Denomina¬ Principal and interest Bank & Trust gality Principal and interest payable at 1956 May 1 on tion $1,000. May 1 from 1951 to 1970 on —v. of Detroit. Offering Dated to 3s. as from Dated May Denomination 1950. 1, 1951 Due (P. O. Clinton), Mont. Bond Offering — Mae Archi¬ receive inclu¬ 1964 (J-D) payable at the Detroit Trust Co., Detroit. ; Legality approved by Miller, Canfield, Paddock & Stone, hart, & Fairmont, Minn. Certificate Offering sive. Principal and interest Note Scott District Clerk, Detroit. of receive 23/4S. as 1,595,000 Legality approved by Dor- sey, Colman, Barker, Barber, of Minneapolis. Detroit. Legality ap¬ proved by Claude H. Stevens, of Berry, Stevens, Barbier & Evely, will (CST) on May 10 for the purchase of $55,building bonds. Dated May 1, 1950. Denomination $1,000. Due on May 1 from 1953 to 1969 inclu¬ National the at Clerk, 000 Due elusive. Dated District ren, 11 a.m. County Indep. Sch. Dist. (P. O. Hanska), Minn. Offering—Milton L. Ou- sealed bids until 1 p.m. sive. ■ Speed Co., both of Jackson, at a price of par, a basis of about 2.95%, as follows: No. 81 Bond Leland from May 1, 1950. Denomination $1,000. Due on May 1 from 1951 to 1960 Brown the Missoula County Sch. Dist. No. 32 Jackson, New¬ Co., of New Or¬ & leans, M. A. Saunders & Co., of Memphis, Scharff & Jones, White, Hattier & Sanford, both of New Orleans, Southern Bond Co., and County (P. O. (CST) on May 11 for the purchase of $52,000 drainage coupon bonds. Dated inclusive. Brown man, $155,000 sealed bids until 2 p.m. March 1 from 1953 to 1980 on Dec. 1 from 1951 on Mankato), Minn. Offering—Berton E. Lee, Auditor, will receive Bond Bond Offering — C. C. Wilson, Village Clerk, will receive sealed water Due Blue Earth Lawrence, Mich. bids until p.m. 1954 inclusive. to H. V. Sattiey & Co., at a price of 100.18, 7 (CST) on May 16 for the purchase of $4,000 fire equipment bonds. Denomination $1,000. was Love Co., both of Big Lake, Minn. Bond Offering — Ned Patton, Town Clerk, will receive sealed 53 bonds offered 2—v. May 1714—were awarded Ingen & to R. 171, J. Van Co., of New York, a price of 100.10, a Bond p. and the Prospect Park National Bank, of Prospect Park, jointly, as 2s, at basis of about ^ Pleasantville, N* Y. Sale—The $135,000 sewer Moreno, receive Offering Village sealed — Salvatore Treasurer, bids until 11 J. will a.m. (DST) on May 10 for the purchase $40,000 sewer improvement of 1950 coupon or registered bonds. 54 (1934) The Commercial and Financial Chronicle Dated Feb. 1, 1950. Denomination $500. to Due 1978 Aug. on 1 from Benton Scenic Local Sch. Dist. 1950 inclusive. Principal and interest (F-A) payable at the County Trust Co., Pleasantville. Legality approved by Vandewater, Sykes, Heckler & Gallo¬ way, of New York City. Bond will Paltz, Schroon Y. bonds. Chester Bonds dated are March on March 1 from Schroon Horicon - Na¬ tional Wappingers Falls, N. Y. Bond Hoy, Offering—Charles J. Le- Village Treasurer, ceive sealed Bank 10 bids at the will re¬ National of Wappingers Falls, until (DST) on May 10 for the a.m. purchase of $15,525 land acquisi¬ equipment 1950 coupon or registered bonds. Dated May 1, 1950. Denomination $3,105. Due tion and Nov. on 1 clusive. from 1950 to Interest 1954 in¬ M-N. Legality by Phillips, Heaney & Schofield, of Beacon. approved NORTH CAROLINA Graham, N. Bond C. Offering—W. E. sealed bids leigh, until 11 for 9 his at office Ra¬ (EST) on May purchase of $285,000 the a.m. water coupon bonds. Dated March 1, 1950. Denomination $1,000. Due on March 1 from 1952 to 1981 in¬ clusive. Philadelphia, Stern Bros. & Co., Kansas City, A. Webster Dougherty & Co., of Philadelphia, First National Bank, of Memphis, Einhorn & Co., of Cincinnati, McDonald-Moore & Co., of Detroit, Barcus, Kindred & Co., of Chi¬ cago, and the William R. Compton Co., of New York, as 2s, as a price of 101.82, a basis of about E. Easter- at 9 the for his office a.m. leigh, until 11 (EST) in bonds, divided $52,000 fire Ra¬ 1951 45,000 i of plant disposal sewage bonds. Liverpool, Ohio Offering—E. May $250,000 coupon purchase 1960 inclusive. to East bonds. on 15 May 1, 1950. De¬ nomination $1,000. Due on May 1 cipal and interest (M-N) payable in New York City. Legality ap¬ proved by Reed, Hoyt & Wash¬ burn, of New York City. Due City, N. sealed bids at the will Out- receive of the County Auditor, in Fargo, until p.m. (CST) on May 22 for the purchase of $3,000 general obliga¬ tion bonds. Denomination $300. Due on May 1 from 1951 to 1960 inclusive. 2 OHIO Local Sch. Dist., Ohio Bond Offering—Madeline Claypool, Clerk of the Board of Edu¬ (P. O. i n e rator from 1951 ment bonds. will receive sealed bids (EST) on May 11 for the the purchase of $180,000 con¬ bonds. Dated May 1, Denomination $1,500. Due on Sept. 1 from 1951 to 1974 in¬ clusive. t 1950. from 15 bids until 8 re¬ May 22 for the pur¬ $131,000 street improve¬ coupon or registered bonds. on Dated 1951 June 1, $1,000. 1950. Due Legal¬ ity approved by Peck, Shaffer & Williams, of Cincinnati. and improvement bonds of¬ sewer fered April 27—v. 171, p. 1615^— Bond Offering Clerk Adelaide — of the Board bids vided to 1959 until 10 Due on on Nov. * Due on Nov. 15 from 1953 inclusive. 2,770 water supply line No. 293 Due on Nov. 15 from Due on Nov. 15 from County Indep. Sch. Dist. (P. O. Elk City), Okla. Offering—Richard Burch, 6 Bond sealed of Schools, bids until will May 11 inclusive. Sale—The Okla. $203,000 bonds offered May 2—y, 171, p. 1831— were awarded to C. Edgar Honnold, and the Small-Milburn Co., both of Oklahoma City, jointly, as follows: $198,000 water works bonds, on a bid reflecting a net interest Exempted Sch. Village 2V4S, at Co., of Cincinnati, price of 102.00, a basis est a bidder The second high¬ Assel, Kreimer & was Co., for 2V4S, at price of 101.38. a Mt. Gilead, Ohio Offering—H. J. McCam- Bond Village man, sealed bids Clerk, until will noon receive (EST) on May 15 for the purchase of $110,000 water works bonds. bid reflecting a a as 21As, at a price of 101.29, basis of about 2.14%. The sec¬ ond highest Richards & bidder Co., was for Field, 21/£s, at Dated Due net interest Dewey County Indep. Sch* Dist. No. 5 (P. O. Vici)t Okla. Bond Offering—John Logsdon, Clerk will of the receive (CST) purchase of p.m. bonds. Board sealed of 1965 inclusive. until & Trust Co., of Cincinnati, as 2s, at a price of 100.37, as previously noted in v. 171, p, 1715 due —are 1955 on Dec. 1 from 1951 to on Dec. 1 from 1951 to May 10 for the $53,000 building North ming were pool & bonds $70,000 swim¬ offered May 4 Braun, Bosworth 2^ at a price of Co., Inc., as a basis of about 1.99%. The second highest bidder was J. A. 100.06, White & Carley, County Clerk of Ella A. Co., for 2*4s, at a price the ceive sealed (EST) on bids Ohio Board Commissioners, until will 10 of re¬ a.m. May 19 for the purchase 1, 231,000 1V2S. as from Due on June 1 1956 to 1960 inclusive. 1 l%s. as from. 1961 Due 1970 to on June 1 to 1967 inclusive.'. 2s. Due as June 1 from on inclusive. ' : i Oklahoma Turnpike Authority ' (P. O. Oklahoma City), Okla. Bond Sale — The $31,000,000 turnpike revenue bonds offered May 2—v. 171, p.* 1831—were awarded to a syndicate composed of Shields & Co.; Allen & Co.; Eastman, Dillon & Co., all of New York; Leedy, Wheeler & Alleman, of Orlando; Stiffel, Nicolaus & Co., of Chicago; M. E. Allison & Co.; Emerson & Co., both of San Antonio; Robert Hawkins & Co.^ of Boston; Herbert J. Sims & Co., of New York, and the RobinsonHumphrey Co., of Atlanta, as 4s, 3V2S and 3s, at a price basis of-about 3.41%. of par, a Paoll, Okla. Offering—Marie Bond Clerk, will Reeves* receive sealed Offering—Ronald Greene, Clerk of the Board of County Commissioners, will receive sealed bids will receive (CST) purchase bonds. sealed bids May 10 on of $98,000 Due from until for II the? building 1952 to clusive. 1961 in¬ vw; OREGON Crook County, County Sch. Dist. (P. O. Prineville), Ore. 1965 in¬ Bond Offering—Bessie Gittings, bids until 2 p.m. (PST) on May 12 for the purchase of $500,000 school County Dependent Sch. 42 (P. O. Enid), Okla. $22,500 build¬ ing and equipment bonds offered Dist. No. Bond May 1 Sale—The were awarded to the R. J. Edwards, Inc., of Oklahoma City, and Associates, at a price of 100.02, a basis of about 1.93%, as ceived on June Dated June 1, 1950. Due 1 from 1951 to 1970 in¬ clusive. Principal (J-D) payable and at the interest fiscal agency of the State in New York City, at the County Treasurer's designated by the pur¬ or office, as chaser. Legality approved by Winfree, McCulloch, Shuler 8c, Sayre, of Portland. County Central Point . Con. Sch. Dist. No. 6 (P. O. County Indep. Sch. Dist. (P. O. Medford), Okla. No. 54 Bond bonds. Jackson 1962 inclusive. Grant Clerk, will receive sealed Offering—Bids will be until 7:30 p.m. (CST) re¬ on May 9 for the purchase of $15,000 transportation equipment bonds. Due from 1952 to 1954 inclusive. ' Central Point). Ore. Offering — The Superin¬ Bond tendent sealed of bids purchase of construction Schools will receive until May 15 for the $500,000 high school bonds. years. Due in 20 . H County (P. O. Portsmouth), Bond Mc- June on Garfield of 101.90. Franklin County — Due District Le Offering in clusive. College Hill, Ohio Sale—The awarded to Scioto (P. O. Columbus), Ohio 1 •- 165,000 , 1953 to . inclusive. Bond June on 2 - Bond $25,000 improvement bonds pur¬ chased by the Provident Savings 2%s. -as Education, bids on Due from terest a Bond Sale Details—The Denomination $1,- 000. price of 101.18. street Due 1955 a.m. a cost of about 2.20%. Dist., Ohio Bond Sale—The $160,000 build¬ ing bonds offered April 29—v. 171, p. 1714 — were awarded to Dec. 15 Co., 3 : 3s. as Delaware on Milford as 171, p. 1615— Halsey, Stuart & follows: $66,000 bids until 7:30 p.m. (CST) on May County Indep. Sch. Dist. 9 for the purchase of $30,000 bonds. Due on Nov. 15 from No. 1 (P. O. Jay), Okla. water works system bonds. Due 1951 to 1958 inclusive. Bond Sale—The $11,500 build¬ from 1953 to 1967 inclusive. 8,530 water supply line No. 280 ing bonds offered May 1 were bonds. Due on Nov. 15 from awarded to the Delaware County Payne County Dependent School 1951 to 1955 inclusive. District No. 107 (P. O. Bank, of Jay, on a bid reflecting a Dated May 15, 1950. Principal net interest cost of about 2.14%. Cushing), Okla. and interest (M-N) payable at the- The Bond Offering — J. C. second highest bidder was Smith, First Security Co., Oklahoma City, Clerk of the Board of County Treasurer's office. Education, 82,000 water supply line No. 294 Principal and in¬ (J-D) payable at the First follows: National Bank, Mt. Gilead. Le¬ $10,000 as 13/4s. Due from 1952 to gality approved by Squire, San¬ w 1956 inclusive. ders & Dempsey, of Cleveland. 12,500 as 2s. Due from 1957 to 1—v. awarded to Honnold, both of Oklahoma City, First Securities Company, Kansas, Wichita, and Stern Bros. & Co., of Kansas City, at a price of 100.04, a basis of about 1.83%, Town terest cost of about 2.00%. build¬ a gar 5,000 street improvement bonds, on a bid reflecting a net in¬ 1951 to 1956 inclusive. of May 1 were syndicate composed of Evan L. Davis, of Tulsa, First National Bank & Trust Co., C. Ed¬ 1968 cost of about 2.85%. 16,020 water supply line No. 290 re¬ offered to Dated June 1, 1950. ing bonds. Due from 1951 to 1958 1951 to bonds awarded 105,000 April 15, 1950. were Bond Sale—The $600,000 ing 33,000 for the purchase of $40,000 build¬ bonds. were Muskogee County Indep. Sch. Dist. No. 20 (P. O. Muskogee), Okla. . as re¬ 15 from — National 1953 and 1954. a.m. 2,640 water supply line No. 299 of about 2.03%. Ohio street Wzs, at a price of 100.29, a basis of about 1.45%. The second highest bidder was First Cleveland Corp., Cleveland, for l3/4s, at a price Superintendent 1958 inclusive. bonds. $96,930 Halsey, Stuart & Co., Bethany, -Due 1952 to 1399 , as Bond bonds. offered Sale—The follows: as the offered' about 1.50%. Warren, Ohio Bond receive $15,500 water supply line No. 296 Dec. inclu¬ p. The Ryan, Sutherland & Co., of To¬ ledo, as 2%s. / E. on May 8 for the purchase $127,860 construction bonds, di¬ con¬ on 171, O. (P. $30,000 con¬ April 28 1715—were awarded — bonds of (EST) of Dist. Ohio to Toledo), Ohio County Commissioners, will sealed National Sch. Sale struction —v. No. ceive Winters Radcliff), to to build¬ bonds Bank, of Blanchard, on a bid flecting a net interest cost Beckham Lucas County (P. O. Bond First OKLAHOMA of about 1.39%. Schmitt, the Local of 101.08. were awarded to Prescott, Hawley, Shepard & Co., of Cleveland, as IV2S, at a price of 100.58, a basis p. awarded and improvement bonds offered April 27—v. 171, p. 1615—were awarded County (P. O. Elyria), Ohio Sale—The $78,027 water Bond 1 inclu¬ Trust Denomina- to 1960. Interest J-D. Lorain at & Vinton Dec. 1 from on 1973 Co., Dayton. Le¬ gality approved by Peck, Shaffer & Williams, of Cincinnati. R. p.m. June to $20,000 ing and repair April 3 — v, 171, Denomina¬ on 1951 Sale—The Principal and interest (J-D) payable 15), g—Herman n J. A. White & plant Due Dated June 15, 1950. Denomina¬ tion $1,000. Interest J-D. noon struction Dec. to 1960 inclusive. n c sive. 1950. Due from 1 Bank of Cincinnati i e r sealed ation from 1951 to 1955 inclusive. ction, until building 5,000 incinerator plant improve¬ Bank Allensville to Co., 1, $1,000. Dec. fered ;May Dak. office & Oklahoma May 17 for the pur¬ $850,000 building bonds. June County Indep. Sch. Dist. (P. O. Blanchard), ' 29 Bond on of Bond Sale—The $250,000 Police Station Construction bonds of¬ Offering—Floyd F. Village Clerk, ram, follows: as on Euclid, NORTH DAKOTA Tower Mc- sive. from 1953 to 1975 inclusive. Prin¬ Bond Allan station struction bonds. Dated awarded were — O f f (DST) Shep- Village Clerk, will receive bids until noon (EST) on May 13 for the purchase of $18,000 sidewalk, special assessment bonds. Dated June 1, 1950. De¬ nomination $1,000. Due on Dec. 1 000 tion Grossman, City Auditor, will ceive pard, Bond Dist. 1951 to 1953 inclusive. Grove, Ohio Offering—Charles 1951 (DST) 1959 and 1960. No. of the Board of Education, will receive sealed bids until noon Ohio Bond . sealed from 15 in McClain Dated - Lockland bids until noon (EST) on May 22 for the purchase of $102,- ling, Secretary of the Local Gov¬ ernment Commission, will receive bids Toledo. Coal Bond Sch. Sutherland sealed Hickory, N. C. sealed 1715 bonds. : Keever, City Auditor, will receive gershing, of New York City. Offering—W. & of Principal and interest (M-S) payable in New York City. Legality approved by Mitchell & Bond of Corp., EstaCo., Salomon Bros. & Hutzler, Eastman, Dillion & Co., all of New York, Marine Trust Co., of Buffalo, B. J. Van Ingen & Co., Hemphill, Noyes, Graham, Parsons & Co., Hornblower & Weeks, Bacon, Stevenson & Co., Otis & Co., Hannahs, Ballin & Lee, all of New York, Stroud & Co., of brook Easter- in 171, p. awarded composed 1.88%. Commission, will receive 1—v. & Webster Securities ling, Secretary of the Local Gov¬ ernment May to a syndi¬ Halsey, Stuart & Co., Lehman Brothers, Blair, Rollins & Co., Inc., Phelps, Fenn & Co., Merrill Lynch, Pierce, Fenner & Beane, Shields & Co., Stone cate to Bank, Chestertown. Legal¬ ity approved by B. Gregory Brewster, of Port Henry. offered 1615—were 1, 1950. ' - Local 171, p. ment Ohio on April 15 from 1952 to 1955 inclusive; $6,000 as l3As, due on April 15 from 1956 to 1958 inclu¬ sive, and $4,000 as 2s, due on April 1954 Clerk Interest chase of Cincinnati, bonds 1951 1950. Ryan, 1973 Bond Sale—The $5,000,000 gen¬ eral water works improvement ^1958 inclusive. Principal and interest (M-S) payable at the Chester to Cleveland. Bank, Chestertown, for 2s. Due 1, Bond Sale—The $15,000 athletic field bonds offered April 26—v. Principal and interest payable at the Berlin Heights Banking Co., Berlin Heights. Legality approved * by Squire, Sanders & Dempsey, of Horicon - Sept. on (P. O. Dresden), Ohio (M-N) highest bidder Schroon - and to Buren chase Jefferson 15, 1950. De¬ Due on May $1,000. due $1,000. 1951 Twp. Local Sch. Dist. (P. O. Dayton), Ohio Bond Offering—Geo. L. Ernst, bonds. , inclusive. highway Building bonds offered April 27 were awarded to the Ticonderoga National Bank, of Ticonderoga, as was Dated May 15 and Nov. 15 from 1951 York The second 232 from 1 Van 1951 to 1960 inclusive. June M-S. No. March 1 on Dated the Board of Education, receive sealed bids until nomination Bond Sale—The $7,600 1.90s. Imp. 1 from 8 p.m. (EST) on May 16 for the purchase of $326,000 construction (P. O. Schroon Lake), New Due Clerk of will Denomination Dec. on cinnati. Sept. 1 on 1951 to 1959 inclusive. Water (P. O. Heights), Ohio Bond Offering—Edwin R. Hill, 1.60s. as Hop¬ improve¬ Due 211,000 Marion Sewer Dist. No. 3 Jan. 1 from 1952 to on 1950. Legality approved by Peck, Shaffer & Williams, of Cin-1 and road bonds. Berlin $13,000 con¬ struction bonds offered April 15 —v. 171, p. 1506—were awarded to the Huguenot National Bank, of New Due Avenue Avenue from Berlin Local Sch. Dist. The — until 1956 inclusive. Rosendale, Tillson Fire Dist. (P. O. Tillson), N. bids Dated June 1, 1950. Denomination $400. & Sale sealed (EST) on May 10 for the purchase of $2,000 furnace bonds. Savings Bank, of Chicago, at 0.58% interest. Bond kins ment noon $1,250,000 cap* ital notes offered May 2—v. 171, p. 1831 .— were awarded to the 1, inclusive; Offering—Raymond Shaw, of Education, receive fol¬ as Due Clerk of the Board Sale—The Harris Trust $229,800 bonds, divided $18,800 Little Ohio V Rochester, N. Y. Note of lows: (P. O. South Bloomingville), \ Monday, May 8, 1950 .. until noon (EST) on May 17 for the purchase of $40,000 appraisal bonds. Dated June Flore No. 49 County Indep. Sch. Dist. (P. O. Wister), Okla. Bond Sale Details—The $18,000 building bonds purchased by Evan L. Davis & Co., of Tulsa, and As¬ sociates, 0* a bid reflecting a net interest cofet of about 2.05%, as previously looted in v. 171, p. 1716, sold an follows: $8,000 as 2s, Were Jackson County Sch. Dist. No. (P. O. Central Point), Ore. Bond Offering — Merle S Oben- chain, District Clerk, will receive sealed bids until 8 p.m. (PST) on May 15 for the purchase of $500,000 school bonds. Dated May 1, 1950, Denomination $1,000. Due on May 1 from 1952 to 1971 in-? Volume 171 Number 4905 .. . The Commercial and Financial Chronicle (1935) elusive. Principal and payable at the (M-N) interest (J-D) payable at Treasurer's office. City, the at in New York option of the pur¬ chaser. Legality approved by Winfree, McCulloch, Shuler & Say re, of Portland. ' W. Waubay, S. Dak. awarded to Dittmar & Bond Offering—Elsie R. Parish, Bertolet, City Auditor, will receive sealed County Solicitor, ~ and Morgan, bids until 8 p.m. (CST) on May 12 Lewis & Bockius, of Philadelphia. for the purchase of $20,000 sani¬ Treasurer's office, or at the fiscal agency of the State the County Legality ap¬ proved County by East James Pittsburgh Bond Sch. Pa. system sewer June Sale—£he. $160,000 school offered^April bonds Dist., tary 000. 1, 1950. Due bonds. Dec. on 1 from San par, $73,000 to 66,000 (P. O. ^ > Route, Goshen), Ore. 4; Bond Offering—Bessie Kimball, District Clerk, will receive sealed bids until 8 p.m. (PST) Hill), May 17 for the purchase of $20,000 school bonds. Dated June 1, 1950. Denomination $1,000. Due on June - 1 1 from 1952 to on 1961 Bond ; in New York City. Bond inclusive. Newport (P. Newport), Ore. Sale—The coupon Legality Townsend, Elliott Philadelphia. O. «' $25,000 approved & Munson, of payable Hanover Bank i « emer- & ... bids until 7:30 Bond Offering R, D. Popple- (PST) on May 22 for the purchase of $150,©00 sewage system, Series B bonds. ton, Secretary of the Board of Di¬ Dated until 7 June 1, 1950. Denomina¬ Due on June 1 from tion. $1,000. 1951 p.m. 1970 to inclusive. Principal (J-D) payable at the Treasurer's office. Legality and interest City approved by Winfree, McCulloch, Shuler & Sayre, of Portland. Umatilla County Sch. Dist. No. 16 (P. O. Pendleton), Ore. Bond Sale—The $300,000 build¬ will rectors, — receive p.mr'(EST) tion coupon bonds. 1950. Dated June 1, Denomination $1,000.' June on 1 from 1951 1975 in¬ Legality approved Burgwin, Churchill, Ruff in Hazlett, of Pittsburgh. by clusive. Bond City a Yamhill County Sch. Dist. No. 28 (P. O. Route 2, Dayton), Ore. Bond Sale—The $249,000 school bonds offered April 29 were awarded to the State Bond Com¬ i - a price of par, ment $77,000 l%s. as from 101,000 Due Feb. on 2s. as to Due on as 21/4s. Due on Feb. from 1966 to 1970 inclusive. second highest bidder PENNSYLVANIA Albion, borough were bonds awarded Pa. $14,000 offered to the 2*/4% May First 3 Na¬ tional Bank, of Albion, at a price 101.00, a basis of about 1.94%. Dated June 1, 1950. Due on June of 1 from 1951 to 1964 inclusive. maturing in 1955 to 1964, optional on June 1, 1954. The Bonds are second highest bidder Co., Inc., at was Rollins & 100.63. Blair, price of a callable,; public parking bonds. Due;-0#v May 1 from 1951 to 1955 inclusive. was First National Bank, Portland, on bid reflecting a net interest cost of about 2.11%. Sale—The awarded to Ar¬ basis of about 3 44%. The highest Reusch & bidder Fox, was Co., for 3y>s, at a price of par. County Institution District (P. O. Reading), \Pa. Bond Offering — Myrtle H. Beard, Chief Clerk of the Board of County Commissioners, will ceive sealed bids until basis of about 1.59%; Dated May Due on May 1 frpm 1952 to 1961 inclusive. Legality ' ap¬ 1, 1950. proved Dec.'1 clusive. from 1951 ISLAND; Principal and 1975 in¬ interest permanent bonds Lubbock, 2s and 2y2s, at a Dated March 1,1950. as par. Galveston Indep. Sch. Dist., Texas Bond Offering—The President of the Board of Trustees will re¬ ceive sealed bids until ,5 p.m. June 1, 1950. Denomina¬ May 1 from Due on May 1 from 1964 to. 1967 inclusive. The second highest bidder J. C. Bradford & Co., & a Paris, Tenn, will a.m. receive (CST) at a sealed price of bids May 11 for the purchase of $100,000 electric system revenue, Series 1949 on Essex par. Junction District, 1716 — jointly, to and Robert, Co., both of Boston, 2s, at a price of 101.55, & as basis cipal and interest at 1949. (J-D) De¬ payable ond Franklin, Va. Bond Sale—The sewer April 28 — $500,000 water system bonds 171, p. 1716 v. offered — were from Town sealed bids until 11 (DST) on May 9 for the purchase of $75,000 water coupon bonds. Dated May 1, 1950. Denomination $1,000. Due on Proffitt, Recorder, will receive seal¬ Principal and at the interest pay¬ First National Bank, of Boston. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. SOUTH DAKOTA $1,000. 1, 1950. De¬ on Sept. Due from 1951 to 1962 inclusive. Le¬ gality approved by Chapman & White County (P. O. Sparta), Tenn. tank State a — The bonds offered awarded at Sale to the Offering — S. G. Butler, County Judge, will receive sealed Due bonds. Dated Bank,,of price of 1 were County Faulkton/as 2.40s, par. ■ / ; ^ '* i 16 Clerk, $1,000. 1970 for water Dated June will Harley, & Co., of Madison, and Mullaney, Wells & Co., of Chi¬ cago, jointly, as 2s, at a price of 100.13, a basis of about 1.98%. The second highest bidder was-*" Milwaukee Co., Milwaukee, for 2y4s, at a price of 100.04. Green Bay, Bond May (EST) the purchase of coupon bonds. 1, 1950. Denomination Due on June 1 from 1951 inclusive. Principal and price WASHINGTON Texas 1400—were p. Blunt Ellis & Sim¬ 1.53%. The second Harris was highest Trust bid¬ & Savings Bank, Chicago, for l3/4s, at a price Kimberly, Bond Sale general Wis. The — $75,000 2% bonds offered obligation April 26 were awarded to Robert Milwaukee, at price of 103.00. The second high¬ bidder was a Milwaukee Co., price of 102.98. County, County High School District No. 1 (P. O. Sundance), Wyo. Bond Sale — The $30,000 im¬ provement bonds offered April 21 —v. 171, p. 1508—were awarded to the State. Fremont County Vocational High (P. O. Larder), Wyo. Offering—Helen Peters- dorf, Secretary of the Board 6f Trustees, will receive sealed bids until 7:30 p.m. (MST) on May 22$for the purchase of ing bonds. $125,000 build¬ April 1, 1950. $1,000. Due on Dated Denomination Oct. 1 from 1951 to 1970 inclusive. Principal and interest (A-O) pay¬ able at the County Treasurer's of¬ fice. Legality approved by Per¬ shing, Bosworth, Dick & Dawson, of Denver. Laramie County Sch. Dist. No. X (P. O. Cheyenne), Wyo. Bond Sale^-The $250,000 build¬ ing bonds offered May 2—v. 171, p. 1508—were awarded to the Harris Trust & Savings Bank,-of Chicago, and Bosworth, Sullivan Co., of Denver, jointly, as lVzS, at a price of 100.34, a basis of about 1.44%. The second highest bidder was Halsey, Stuart & Co., and Sidlo, Simons, Roberts & Co., jointly, for l^s, at a price of 100.32, a basis of about 1.45%. * & Park County Sch. Dist. No. 1 (P. O. Powell), Wyo. O f f £ r i n g—L. Donald . Northrup, Clerk of the Board of Trustees, will receive sealed bids $130,000 sewage until 8 p.m. (MST) on May 22 for intercepter sewer the purchase of $200,000 building Dated June 1, 1950. bonds offered May 1— bonds. De¬ 171, p. 1616—were awarded to nomination $1,000. Due on June 1 v. the and Pacific Co., of King County, from 1951 to 1960 inclusive. Prin¬ cipal Northwest Seattle. and at Lake Washington (P. O. Seattle), Wash. Bond Offering—A. A. County • WYOMING Crook Bond Sale—The Burkburnett Independent Dist., 171, to of Chicago, as l%s, at a of 102.05, a basis of about Clarkston, Wash. School District No. 414 Bond Sale—The $275,000 school house bonds offered April 21 were 2—v. awarded mons, der Wis. $325,000 Jack¬ Bond May 1 from 1951 to 1954 disposal inclusive. Principal and interest revenue payable at the First National Bank, Sparta. Legality approved by Chapman & Cutler, of Chicago. Sale—The School addition bonds offered son of New York City. on Sch. receive interest (J-D) payable at the City Treasurer's office. Legality ap¬ May 1, 1950.: $6,000 water May May $300,000 on $70,000 school City sealed bids until 12:30 p.m. bids until 2:30 p.m. (CST) on May 26 for the purchase of TEXAS Faulk Musser, County Haydon proved by Wood, King & Dawson, Bond Faulkton, S. Dak. Bond 1974 inclusive. to Staunton, Va. Bond Offering — Catherine J. to Cutler, of Chicago. a.m. May 1 from 1951 to 1960 inclu¬ able 1961 Bond Offering—Hansel Town the Wauwatosa), Wis. Sale—The $46,800 school Bond Bond Sale—The 1 Offering—John L. Monti; Treasurer, will receive Bond VIRGINIA and Perry County (P. O. Linden), Tenn. 1970 Sch. Dist. the Guaranty Trust Co., New York City. Legality approved by Chapman & Cutler, of Chicago. from 1951 to bonds offered April 24—v. 171, p. 1716—were awarded to 100.63. 1, a 1 WISCONSIN W. E. Hutton & Co., Hawkins will a.m. Principal and interest Milwaukee, at Vt. awarded were 10 Brookfield Sch. Dist. No. 3 (P. O. R. R. No. 8, Box 364, est Graded of about 1.86%. The sec¬ highest bidder was Kidder, Peabody Co., and F. S. Moseley & Co., jointly as 2s, at a price of Dec. June W. Baird & Co., of School p. until (J-D) payable at Treasurer's office. a nomination $1,000. Due on June 1 from 1951 to 1964 inclusive. Prin¬ Dated on inclusive. Bond Sale—The $275,000 school house bonds offered May 3—v. 171, Treasurer, bids of 101.79. VERMONT C. H. Little Offering—Philip Watson, until 10 Due $225,distribution sys¬ gas Fannie Dun- — County sealed of bonds has been sold to B. V. Christie Co., of Houston, as 4y2s, was Co., jointly, on a bid reflecting net interest cost of about 2.22 %. Bond Texas Sold—An issue natural Berney (PST) on May 15 for the purchase of $61,000 school bonds. Dated June 1, 1950. Denomination $1,000. tem 1963 inclusive. 2V4s. as Kountze, Bonds 000 County, Offering receive on May 9 for the purchase $4,000,000 school house bonds. tion $1,000. Due on March 1 from 1951 to 1979 inclusive. 2.09%, on Bond woodie, (CST) of price of 100.13, as follows: a Walla School District No. 5 (P. O. Walla Walla), Wash. $50,000 improvement has been sold to C. E. Davis & Co., Dated 2s. Due as nomination noon to Trauer- ed bids until 10 a.m. (CST) on Burgwin, Churchill, May 12 for the purchase of $200,Hazlett, of Pittsburgh. 000 electric system revenue, Series Westerly, R. I. Bond re¬ (DST) May 24 for the purchase of $2,000.000 improvement general obli¬ gation coupon bonds. Dated June 1, 1950. Denomination $1,000. Due Legality & by Ruffin & on on basis of about 65,000 a sive. Berks Seminole), awarded to C. F. Cassell & Co., $100,000 school of Charlottesville, and Anderson bonds offered April 25—v. 171, p. 1508—were awarded to the Equit¬ & Strudwick, of Richmond, joint¬ Clay, of Pittsburgh. ' ly at a price of 100.40, a basis of able Securities Corp., of Nashville, as 2%s, at a price of 102.56, a about 1.72%, as follows: Uniontown Sch. Dist., Pa. basis of about 2.59%. The second $60,000 as 5s. Due on Nov. 1 Bond Sale—The $150,00$; school highest bidder was Cumberland from 1951 to 1954 inclusive. bonds offered April" 27 were Securities Corp., Nashville, for 90,000 as 1.40s. Due on Nov. 1 awarded to the Fayette National from 1955 to 1960 inclusive. Bank & Trust Company of Union- 23/4s, at a price of 102.560. 345,000 as 1.70s. Due on Nov. 1 town, as l3/4s, at a price of 101.00, Sevierville, Tenn. Pa. thurs, Lestrange & Co., of Pitts¬ burgh, as 3y2s, at a price of a ville, jointly, at May 1, 1950. Denomina¬ Principal and interest (M-N) payable at th ^office of the City Treasurer. Legality approved by Reed, Smith, Shaw and Mc- Bond Sale—The $29,000 fund¬ ing bonds offered May 2—v. 171, 100.28, Charles C bonds. Dated March 1616—were O. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New 1616—were awarded to the Cum¬ York City, or Vinson, Elkins & berland Securities Corp., and Webster & Gibson, both of Nash¬ Weems, of Houston. Dated RHODE second by Mount Pleasant, Tenn. Bond Sale—The $235,000 sewer bonds offered May 2 —v. 171, p. tion $1,000. < Archbald, p. from 150,000 1 a Bond disposal sewage to as nicht, of St. Louis. bonds. Due ncuv? May 1 1951 to 1970 inclusive. Feb. 1 from Dated Feb. 1, 1950. approved . bonds. 1965 inclusive. 71,000 2%s. Mayor, 1,000,000 callable 1951 to 1957 inclusive. 1958 The clusive. $40,000 refunding bonds has been sold Little & Co., of Jackson, peoples bonds. Due on 1 from 1951 to 1970 in¬ equipment and limited access highway bonds. Due on May 1 fr©m*'1051 to 1955 in¬ 1 Tenn. C. H. on clusive. basis a Ripley), receive 370,000 of about 2.08%, as follows: Lauderdale County (P. O. Bonds Sold—An issue of $4,000,000 general public improve¬ May (P. Texas Legality approved by Dumas, Huguenin & Boothman, of Dallas. 1 1952 to (DST) County 1 Bonds Sold—An issue of Chicago. $170,000 will a.m. Interest price of a May 16 for the purchase of $5,520,net interest cost 000 Series A 1950 coupon bonds, divided as follows: 1.49%. mission, at Comptroller, inclusive. of Offering-yEdward R. Frey, sealed bids until 11 reflecting & Pittsburgh, Pa. ing bonds offered April 28—v. 171, of about to Due 1964 proved by Chapman & Cutler, of bids May 22 for $350,000 construc¬ the purchase of p. 1716-^-were awarded to the First National Bank, of Portland, on a bid sealed on Walla May 1 from on Legality approved by McParkhurst & Crowe, of Gaines Central Co., New 3s. Due City, " Tex. Offering—J. F. Merritt, to Call, interest" Trust & by Dallas. the • . 1951 M-N. and at 1 City, or at the office of the County Trustee. Legality ap¬ Series gency, Principal (M-S) May improvement 1950 bonds. May 1, 1950. Denomina¬ tion $1,000. Due on May 1 from 1, York Millbourne (P. O. Upper Q bonds offered Darby), Pa. May 1—v, 171, p. 1716—were Bond Offering — O. H. Cassell, awarded to Blyth & Co., of PortBorough Secretary, will receive ; land, at a price of 104.07, a basis sealed bids until May 8 for the i of about 1.67%. purchase of $35,000 borough bonds. Salem, Ore. 0*Hara Twp. Sch. Dist. (P.O. Bond Offering—Alfred Mundt, Aspinwall, Pa. City Recorder, will receive sealed i clusive. on Dated Denomination $1,000. Due March 1 from 1951 to 1975, in¬ on by Dated March Due County office. Legality ap¬ Preston, Thorgrimson Horowitz, of Seattle. Treasurer's proved street (CST) on May 29 for the purchase of $572,000 school bonds. 1 inclusive. Clerk, will receive sealed bids until 7:30 p.m. (CST) on May 15 for the purchase of $100,000 sealed bids until 2 p.m. bonds.# Dated May on 1963 City 1950. building June 1, 1950. Denomination *$1,000. Due on June 1 from 1952 to 1971 as Colorado County (P. O. Pulaski), Tenn. Offering—Campbell Han¬ County Judge, will receive nah, Due to 23/4s. as Bond Bond Green¬ 000 Principal and interest payable at County Treasurer's office, or at the fiscal agency of the State of V. Secretary of the Board of School Directors, will receive seal¬ ed bids until 8 p.m. (DST) on May 15 for the purchase of $140,- the Port W. — field, inclusive. | Offering 2.89%, 1971 to 1980 inclusive. Giles Pa. 1951 as 136,000 TENNESSEE Lower Allen Twp. Sch. Dist. (P. O. 22 Hummel Avenue, Camp about on May 16 for the purchase of $250,000 school bonds. Dated May 15, 1950. Denomination $1,000. Due on May 15 from 1952 to 1960 inclusive. Principal and interest (M-N) payable at the from 1964 to 1970 inclusive. ' Star of 2y2s. as from 1955 inclusive. Principal and in¬ County Sch. Dist. No. 89 1716—were awarded to Stroud & terest (J-D) payable at the North¬ Shady Grove), Ore. Co., of Philadeplhia, and A. E. western National Bank, Minneapo¬ V- Bond Sale — The $20,000 school Masten & Co?rof Pittsburgh, joint¬ lis, or at the State Bank of Wau¬ bonds offered April 25 were ly, as 2s, at a price of 101.73, a bay. Legality approved by Dorsey, awarded to the Chas. N. Tripp Co., basis of abodt 1.80%. The second Colman, Barker, Scott & Barber, of Portland. highest bidder'was Fauset, Steele of Minneapolis. Lane County Sch. Dist. No. 1 (P.O. & Co., for 2s, at a price of 101.63. Jackson basis a follows: $1,- 1951 28—v. 171, p. Securities and Dated Denomination Co., Colum¬ Corp., of Texas, Volz, Carswell & Co., all of Antonio, jointly, at a price of bian 55 Treasurer, Tremper, will sealed bids until 10:30 a.m. receive (DST) the interest (J-D) payable^ County Treasurer's office Sheridan County Sch. Dist. No. 4 (P. O. Sheridan), Wyo. |ji Bond Sale—The $67,000 building bonds offered May 2—v. 171, p. 1508—were awarded to Bosworth, , §G The Commercial and Financial (1936) Co., of Denver, on a April 5 were awarded to O'Brien a net interest cost & Williams, of Montreal, as 3V2S, of about 2.13%. The second high- at a price of 101.40, a basis of Dated Nov. 1, 1949. <est bidder was the Bank of Com¬ about 3.34%. Sullivan bid & Sheridan, on a bid reflect¬ net interest cost of about merce, ing a Due on Nov. 1 from 1950 to 1969 inclusive. * C. Ashcroft Sch. Dist. No. 30, B. Bond Sale—The $149,000 school offered bonds 11 April were & Son, of -awarded to Pemberton at a price of 100.58, basis of about 3.43%. Due on Vancouver, 1951 to 1970 inclu¬ April 1 from School Noranda Toronto, at a price of 99.20, a basis of about 3.39%, as follows: as Due on May 1 2%s. 27,000 as Due 3y4s. on 1 May Simard & from 1951 to 1955 inclusive. 46,500 as 3s. Due on March 3y2s. from 1961 $42,000 as 1951 to 88,000 as 1961 from May 1 Due to on 1965 3y2s. inclusive. to 1970 inclusive. bonds offered awarded dienne & 1, 1950. to the Joseph Sale Band of Soulanges, Que. — The $35,000 sewer April offered bonds to Credit the April Banque 3^s, at Sale jointly, — ■Co., of Toronto, McMahon & Burns, of Vancouver, and the Ca¬ nadian Bank of Commerce, of jointly, at a price of basis of about 4.10%. Due March 1 from 1951 to 1970 in¬ Toronto,, or) a clusive. BRUNSWICK NEW Campbellton, N. B. Bond Sale—The $225,000 town bonds offered April 11 were ^-awarded to the Eastern Securities Co., of St. John, N. B.f and Wood, Gundy & Co., of Toronto, jointly, 3%s, 3Mjs and 3y4S, at a price of 99.89. Due on April 15 from as 1951 to 1970 inclusive. ONTARIO Sale Bond \ Ont. $1,196,000 Township, Etnbicoke The — 3V2% improvement bonds offered April 6 Co.; Corp., Findley Coyne, Deacon and jointly, at a all of Toronto, Ltd.. price of Due to 1970: basis of about 101.34, a . 3.34%. •„ awarded to the Harrison & were Bond Bankers May 1 from 1951 on inclusive. '(WW • Ont. Dumfries, North • Sale Bond The — $27,500 im¬ provement bonds offered April 8 awarded to the Bankers were Bond the Canadian both of To¬ and Corp., of Bank Commerce, ronto, jointly, for 3V2S, at a price basis of about 3.09%. 1 from 1951 to 1965 of 102.76, a Due May Inclusive. on , QUEBEC Commission, School Ckicoutimi How do your Quebec Sale Bond The — awarded were $210,000 con¬ April 10 A. E. Ames & offered bonds struction to Co., of Toronto, at a price of 99.28, a basis of about 3.31%, as follows: as 3s. Due on Sept. ,1951 to 1955 inclusive. $96,000 / as Dorval, Sale Bond works and — Que. The paving $69,500 water bonds offered OHIO Enamel Corporation has this day de¬ clared a Dividend of thirty-five cents mto per share the outstanding Company, payable shareholders of record on stock of the June 23,1950, to on 3ur»e 5,1950. W. WALLACE, Treasurer April )8, 1050 $3 he invests. he's ant making to maturity will return $4 for every Holding Bonds, moreover,helps him to realize a profit his job on influences which are makes him ... unfavorable more resist¬ economic to our system. they get the convenience of obtaining bonds regularly and It's easy to Don't think that The Board of Directors of the Ferro, conrxnon have the Payroll Savings Plan, by which because his Bonds at ence install PayrpdPStivings "automatically"— delivered with their pay checks. CORPORATION CLEVELAND, are more your company to ENAMEL FERRO than twice as inclined to invest their extra money in Savings Bonds as in any other form of savings or investment, according to the 1949 Survey of Consumer Finances*. That's adequate proof that your employees want People DIVIDEND NOTICES » WANT to invest their savings? 1 from 3i/4's. Dated March 1, 1950. " employees Due on Sept. 1 from 1956 to 1960 inclusive. 114,000 More than 20,000 The managements tions" to companies operate Payroll Savings. of these companies know it's "good rela¬ tives with pany-benefits in improved worker efficiency and stability. They know, too, that it's "good business"—because Payroll " Savings boosts Bond sales, and Bond sales create a huge installing Payroll Savings is "a lot of work." All you provide this convenience. They can see the com¬ as need to do is appoint bilfe of your top execu¬ Savings Bonds Officer and tell!him to get in touch your State Director, Savings Bonds Division, U. S. Treasury Department. The State Director will provide ap¬ plication cards, promotional material, and as much personal help as necessary. backlog of purchasing power that's "business insurance" Remember—Payroll 'Savings pays! * for the years L A N E W - E L L S Of course ahead. every Bond buyer builds financial independ¬ Sponsored by the Board of Governors of the Federal Reserve System and conducted by the University of Michigan. Based on 3,500 inter¬ views in 66 sampling areas throughout the nation. •.COMPANY The Treasury Department DIVIDEND NOTICE acknowledges with appreciation the publication of this message by \ The board of directors has declared a quarterly dividend of 60 cents share on June 15, the common 1950, to per THE COMMERCIAL AND FINANCIAL stock, payable stockholders CHRONICLE of record May 24, 1950. WILLIAM A. MILLER . This is an Official U. S. Treasury advertisement prepared under the auspices of the Treasury Department and The Advertising Council. Secretary-Treasurer ——— as 3s and on April 1 from 1951 to 1965 inclu¬ 19 were ' v Interpro- sive. provement bonds offered April 11 ■were awarded to A. E. Ames & #9.15, were Cana- price of 98.19. Due a Burnaby, B. C. The $582,000 im¬ of District school Nationale, L. G. Beaubien sive. Ilond 8 Co., and McNeil, Mantha, Inc., all of Montreal, St. awarded 1950. Theophile of Laval School Commission, Que. Bond Sale—The $235,000 Due on May 1 from 1960 inclusive. 1 Due on March 1 St. 3s. Dated May from 1956 to 1960 inclusive. as Jan. 1 from 1951 to 1965 inclusive. ties Corp., of Toronto, at 98.40, a basis of about 3.58%, as follows: Due on March 1 2%s. equip¬ April 24 were Monday, May 8, 1950 .,. vincial, Ltd., of Montreal, as 3s, at a price of 97.69, a basis of about 3.24%. Dated Jan. 1, 1950. Due on awarded to the Dominion Securi¬ Que. to J. F. Dated March 1, from 1956 to 1960 inclusive. ment bonds offered School $275,000 con¬ bonds offered April 19 as Que. Sale—The $130,000 water Bond Co., of Ottawa, at a price of 98.55, a basis of about 3.52%, as follows: $108,000 Rawdon, May 1 works and fire prevention Catholic awarded 120,500 from 1951 to 1955 inclusive. on Sale —The struction $580,000 school bonds offered April 24 were awarded to A. E. Ames & Co., of $383,500 Due Dated May 1, 1950. were Bond Sale—The COLUMBIA BRITISH Catholic 3^s. Commission, Commission, Que. GANADA a ; Bond Lachute as from 1961 to 1980 inclusive. i- 2.25%. f 169,500 reflecting Chronicle —- • : : ■ ' ■ . -