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v ■ \v Ml I MONDAY ISSUE SITY U N iV E P MICH-G* OF r-i'ov is50 ■. Reg. U. S. Pat. Office New York, N. Y., Number 4957 Volume- 172 Cents Price 90 Monday, November 6, 1950 Copy a General Corporation and Investment RAILROAD Aberdeen Petroleum Commission— ' * • corporation Adams Express { Co.—Earnings— ' Nine Months Ended Sept. Total expenses 30— . .. , , . . assets share per 1 at as Sept. 1949 New t $1,143,488 :i ■ 1949, equal to $28.72 per share on 31, Boston 1,379,100- "Sales and before Provision- tNet ... operating . r revenues taxes income . __ '.LL- income Federal for _ 14,500,689 profit Common outstanding-!.. shares Earnings share. common per i__—. 48,167,991 r 5,764,380 — taxes.! 19,526,858 adjustments anpual depreciation- - about 3'//> other charges rates with as began Curb Exchange.- the middle * ' M ' „ • Earnings before taxes Provision lor Federal S- V :... _ ' Miscellaneous Features State and City Bond Offerings - earnings & ..... foreign taxes on inc.— per stock.. preferred i common ^Earnings '♦Exclusive of companies.—V. _________ share equity 172, —- - — — S ... net undistributed in the Kanawha at of a the A. G. on $7.02 I associated * - announced on Nov. 1. The Mu¬ tual Life has purchased $1,650,000 of series "B" 4% notes 52 sales * —V. 171, $7,358,615 410,750 $1.02 44 -# • ' * ' i ' i Period End. Sept. 30r— tAfter "Loss. all ' $L- • .7, 1950—3 Mos.—1949 ; 1950—9 Mos.—1949 $132,690 $6,134 ; $241,694; , "$23,876 * the NOTE—During Riverside Division in'"earned eliminated Revenue the in because Code, quarter of estimated, tax an applicable to loss the " (Excluding gain or loss on investments) ■ - v 1950 ' expenses Net income $591,605 Net assets - $703,976 112,371 income Total per share on .... as at Sept. 959,400 totaled $19,948,976, 1950, 30, shares — — outstanding. No. • its been recorded credit„,under the Internal sale of this property.— equal This compares of $505,165 to $20.79 with $18,- with %-The net new ;* . , Offered' £...' are<£tp be used for working capital. preferred, stock, redeemable, initially at 105, has the benefit proceeds annually. • • •The company, successor; to a business- established; in 1917,/and its subsidiaries are-engaged i. in making direct instalment small loans. —V. 172, p. 1433, -.j' Of a-;fixed sinking -fund; of - for depreciation the'rates'established "by The Revenue Act of and all- Qther. 1950.—V. 172, p. 375. 1950 1949 $796,838 133,579 oper.»income_'__ 130,006 railway.... •7,006.-229 904,797 303,583 Gross 1'— Jan. from Net from Net ry. > Judge announced ($1,124,000) Oct. On General 64</o -/ ... 172, p. American 1229; - 6,719,844 1950, by owned Judge who is also Haussermann, received "2,113,000 War Damage Commission.—V. 170, p. 1590; V. 171, p. Black Hills Power & Light ^ President an®, Balatoc Mining Co., which company :•» announced that the Balatoc Mining Co. ($1,056,500) pesos from the U. S. Philippin# the of Benguet, had , 1258. Co.—Partial Redemption— lias called for redemption on Dec. 1, next, 125 share# cumulative preferred stock at $102 per share, plu# of $-1.35 per share. Immediate payment will b# made at the Northwestern National Bank of Minneapolis, 620- Mar¬ * quette Ave., Minneapolis 2; Minn.—V. 170, p. 2222 and V. 171, p. 1665. This company „ of its. 5.40^ dividends accrued St. Louis Listed and Unlisted 5,667,868 1,538.935 >1,106,102 ,719.506 435,213 . Securities Edward D. Jones & Co. Established .1871 * i Ga's & Electric Co. &bove.'~ -V. Co. below.—V. 166, p. 2306. " Loute 2, Missouri 300 North 4th St., St. ; J Members New York 171, p. CGI. Manufacturing Co.—Offer of Exchange- Thermoid pesos Manager- ' Stock Exchange ' - Chicago Board New York Curb ' . of Trade • Exchange (Assoolate) ^ _ • Phope CEntral 7600 * Midwest Stock Exchange ,1 Asbestos See on 13, 33,578 Appalachian Electric Power, Co.-rNew Plant— See / General Manager* received 2,248,09® from the U. S. Philippine War Damage Commission. Haussermann, President and Oct. 28 that this company has W. John > , Co.—Receives War Dam-» Award— 1947 $8,000 . age " oper. "Deficit.—V. - - "100,229 86,036 5,746,503 1,997,977 1,046,234 ry. From railway. $615,032 187,688 50,940 railway income... 1948 $778,792 " $058,386 266,520 from Benguet Consolidated Mining . next, 87® dividend# -Earnings- 1 Ne't City Securities Corp., Indianapolis, on Oct. 9 pub¬ licly offered 3,000 shares of-%% cumulative preferred stock at par. ($100 per share),'pwithout the benefit of a The made been 715,550 $4,10 $2.74 * Federal, and including September— Gross' from railway...'. —The selling group. has dividends' Canadian income taxes and provision for contingencies In the amount of $700,000. Provision for income taxes has been made for the* nine months ended Sept. 30, 1950, in accordance charges Net American Loan Co., Indianapolis, Ind.—Stock share aftey pfd. per common $3,136,569 *1,431,100 shares outstancirfg... common Ann Arbor RR. 866,091 as at Dec, 31, 1949, equal to $19.31 per share on 976,700 shares then outstanding.—V. 172, p. 105. {/ \ * * " •"-'** * $4,122,340 r- , NOTE—Deduction ' 1949 $615,175 J> 110,010 ^ income Earnings, * corporation has called for redemption on Nov. 30, preferred stock at $101 per share, plus accrued of $2 per share.—V. 163, p. 307. the on Corp.—Partial Redemption— Beneficial This sold 1950-the corporation of The loss sustained having - , briefly on shares of its As an offset^ it is expected that Federal income "■ 1950 results noted above, will, be adjusted or surplus.", included taxes third real estate. Large Backlog— both the past year and the future, Walte® Chairman of the Board, stated: "While gross sales for the fiscal year ended Sept. 30, 1950 were in excess of $16,000.000, the company's total backlog of business is now well ove* $50,000,000."—V. 172, p. 841. " Commenting 1 including Federal income taxes. expenses, produc¬ steel industry.—V. 171, p. 2294^ H.-Beech, President arid American Writing Paper Corp.—Earnings— tNet profit from oper... granular refractories used in the Beech Aircraft Corp.—Has . ' 1" ^ be used to retire existing loans and. wit!* construction ol' a new plant In Nevada, corporation operates plants in Ohio and Nevada for the tion of $8,857,700 722,710 $1.81 ; , 1832. p. / A tt.. / loans/will Central National Bank has taken 1950—9 Mos.—1949 $2,029,012 85,220 $0.21 $3,140,644 264,899 $0.66 ^ profit after taxes..', Earnings ^per vshare. -l ' ; Net • 3 966, and funds, to finance the The 1950—3 Mos.—1949 Net „ 1529. p. 1957 to Proceeds of the . Nine Months Ended Sept. 30— Total of first mortgage Cleveland for loans totaling $2,400,000 other Feriod End. Sept. 30— American International Corp.—Earnings— « Placed Privately—Th® instalment notes, it.was of Industrial * calls for two 200,000 kilowatt million kilowatts. These units *T & E. System and among the , .. 1626. 172, p. corporation has arranged with The Mutual Life Insur¬ ance Co. of New York and Central National Bank of $3.21 earnings, of the to meet period.—V. .172, 1 1,212,709 "Deficit.—V. which A. E. P. Company is a- part, V..172, P. 476., ..... -f > • ... • ,r . .. ' " , expanding demands of industry for ' defense and civilian needs. The System now has authorized or under ^ Anchor Ifocking Glass Corp. (& Subs.)—Earnings— construction—including the two units in the Kanawha River project — 9 Months Ended Sept. 30— 1950 : .. 1949 1,000,000 kilowatts of capacity, scheduled to be completed in 1953. Net income from operations before taxes Some'idea of the size of this expansion is indicated by the quarter? $7,573,312 $5,495,300 biHion dollar budget the. American Gas & Electric System: has set ♦"* Prov. for Fed. and Canadian income taxcS.,3.450,972 2,358,731 up for generating, transmission and distirbution facilities during the 1950-53 1,634,481 ..1,302,222 $750,000 of series "A" 3% notes due 1952 to 1956. Index Reserve American Phenolic Corp.—Earnings— capacity largest designed 1.717,537 "144,304 due of the A. G. & E. System of #is "98,309 "52,813 income 1,026,372 the country. Completion of the first unit is scheduled for October, 1952, and the second unit for February,' 1953. The 400,000 kilowatts being installed in this new plant is almost .double, the demands of all of the industries and other - cus-<, tomers of the company in this great Kanawha Valley. The Kanawha River Plant is the latest step in the expansion pro¬ which "10.178 ry. 2,740,001 largest-sized generating units in gram oper.. income— ry. Net - ultimate an as 3,219,404k .3,370,680 "19,466 Net 43 ... 1950—9 Mos.—1949 , $9,395,257 $10,383,089 $517,892 "134.857 $611,688 oper.. from 9,813,210 661. p. installation initial with 1950—Month—1949 revenues oper. Net rev. 25,996,717 906,015 structures, rank Ry, 43 Federal Reserve System Federal Net The Bangor & Aroostook RR.—Earnings— Statement of Member Banks of Condition . Basic Refractories, Inc.—Notes Banks 7,527,52® 10,018,642 54,348 1,517,617 * 15,713,210 5,900,000 ground-breaking ceremonies for the new $40,000,000 Kanawha generating plant, Philip Sporn, President of this company, and its: operating company, the Appala.-hian Electric Fower Co., on Oct. 3J. announced that the Sollitt Construction Co. of South Bend, Ind., had been-awarded the contract for construction of the, plant buildings t 7,649,163 3,522,541 income... $ $ 28,027,852 291,839,073 278,521,39®, 4,819,124 56,598,292- 52,285.431 2,095,731 26,347,177 23,915,75» 35,893,354 43 Rates.....— Exchange 1950—9 Mos.—1949 * 44,996,717 19,000,000 American Gas & Electric Co.—Unit Expands— will 1950- -Month—1949 income oper. 83,970,893 38,097,79® Ohio RR- -Earnings— & Period End. Sept. 30— Combined Condition Statement of Federal 229.087,030 173.011.470, At units ry. Net ..42 The Course of Bank Clearings Reserve River and 10,030,659 107,979,689 4,983,995 51,312,289 -3,574,681 income.- on stock Common on Net Redemption Calls and Sinking Fund Notices..43 Dividends Declared and Payable 10 , V rev. $ 16,391,712 8,042,316 opers. income... ia41. oper. revenues. ir. ry oper...^. Net 47 Production for September Net Dividends Railway > ____ $ $ Corporation & Investment" News. Cover General 1949 ' oper. 172, p. ry. 1950—9 Mos.—1949 $ 38,098,217 364,068,310 360,426,87®* 28,067,558 258,088,621 276,455,97® -V, 172, 'p. 1342. (& Subs.)—Earnings— " 3950" f $4.61 * 1950—Month—1949 expenses. fr. rev. Baltimore Averages_31 National Quotation Industrial Stock: in Sept. 30— $5.30 45,657,266 29,465,554 revenue.. period End. Sept. 30— Dow, Jones Stock and Bond Averages______^-31 of Cyanamid Co. sales 40 oper. rv. —V. __32 Foreign Net Net Transactions New York Curb Exchange w „ American •___r___37 quarter on 9 Months Ended tfet __.4L 32 results.-were company's about Railway, oper. 36 _ Exchange.^ Stock Toronto . adversely- .affected by ,strikes \ June at three of 1ts: ala'ili plants July 31 at one of its coke plants and lasted until around the en'd of September. The general coal strike early in the year also resulted in curtailment at several of the company's plants. Current demand for the company's products requires operation at practically * capacity rate not only at alkali and coke plants but also at many of the company's other plants.—V. 172, p. 933. NOTE—The which and $5.20 - $ Railway 35 ____ Exchange.! and now third 7,856,99a, 1,652,060. Atchison, Topeka & Santa Fe Ry.—Earnings— .Toronto $tock Exchange—Curb Section Over-the-Counter Markets Transactions New York Stock Exchange ; • Stock deduction- of Federal income effect. - $This was a slight of 1949.§An increase of compared with corresponding period of last year.- on compared as- accelerated for Montreal Montreal $$8,736,309 §$28,641,033 8,856,396 r 8,856,395 $0.99 - ■ $3.23v provisions special after shares 35 ... San Francisco Stock Exchange | * - and corporate and based taxes inerease and 9,324,780 1,656,767 preferred dividend requirements. Period Ehd. Sept. 30— Exchange___._35 Pittsburgh Btock Exchange » for sales figure 33 ...34 ... - operating revenues for the three months ended Sept. 30, 1949," was $88,931,176 and for the nine months ended Sept. 30, 1949, $274,224,611. 1 tSubject to audit and possible "Comparative 32 __32 Midwest Sto.ck Exchange Philadelphia-Baltimore Stock \ 3 Months 9 Months 4 $97,805,317 $291,889,740 __32 Exchange.;...;..---.— Stock Los Angeles Sto.ck Exchange S Allied Chemical & Dye Corp.—Earnings— M. ,10,002,000 1,749,153 taxes ; outstanding.^ 1950, include operation#, $he- former Aetna Oil Co.,, Freedom-Valvoline Oil Co. and Frontier.Oil Refining Corp. for the period since their acquisition or merger early in 1950, and the per share figures on the common stock aiso take into account the increased amount of senior securities outstanding this year in connection with such acquisitions and with public financ-* ing" carried out in February, 1950. The September quarter was th« best of the. year with earnings of approximately $3,644,000, equal to $l.i)3 per common share.—V. 172, p. 661. 11 Detroit Stock Exchange.. ( . Period Ended Sept. 30. 1950— 63,724,35» NOTE—Figures for the year ended Sept. -30, (Bonds) Cincinnati Stock Exchange........ * ' Profit Page ' ; 1693. p. profit after "After (Stocks). Stock Exchange York New York Stock Exchange * $969,439 ■ 1950, totaled $43,422 558,-equal to $32.43 shares outstanding. This compares with shares outstanding.—V.170, $ 148,000,000 102,316,329 "Earnings per. common share.. New York Curb Exchange— * $39,011,801 as at Dec. 1948 1949 1950 of 30, 1,338,580, oh Subs.)—Earnings—- (& Refining Co. Sept. 30— Sales Common 174,049 ' I . income Net In This Issue .;. r Stock and Bond Quotations 173,226 L & $ Net $1,159,954 .....l.'. * Net ; ■ .;. 1950 $1,333,180 , income Total ^ k - Oil Ashland Fiscal Year Ended of letter a MISCELLANEOUS - X (Excluding gain or loss on investments) - . filed Oct. t26 on INSURANCE - ; „ notification with the SEC covering 30.000 shares of capital stock (par $1) to be offered at S3.87 per share through Bonner & Bonner, Inc., New York. The proceeds are to be used fox1" working capital.—V. 172, p. 1.* The INDUSTRIAL - With Okla.—Files Tulsa, Corp., Securities and Exchange PUBLIC UTILITY - Bell Teletype t — SL 593 - 2 The Commercial and Financial Chronicle (H30) VBlackwood & Nichols Co., Oklahoma City/Okla.—Reg- / This of York City with statement * corporation) covering (a the SEC Solicitations Net ry. for -There made with railway Net" ry. agreement will the used be Oct. After taxes. • . all 1,611,100 *367,015 *858,051 525,514 $1.74 $1.85 tAfter charges requirements, provbision a 22, 1950, service to the National System Canada. and to formerly Assistant Director, became Director continue will Melancon Relations. Public of Director of fill to to perform Royd the the duties Beamish E. has resulting vacancy , 172, Gross assets at Sept. earnings Working Net 1950, amounted to $5,536,028, 1949,—V. 172, p. 570, 30, compared to $4,677,001 at the close of -V. Lash's Mr. than to cost aircraft William M. or committed operating equip¬ spent and Oct. on s ry. to. handle and said, 272,913,490 267,716,354 31,785,644 30,138,072 252,302,466 to 29 maintain to the leadership our carrier's ber to Fleet— to American's eight by The July acquired Overseas prototype United States 8, ment' total - fleet 1947. with of the Airlines, airplane this $2,215,63G $20,611,024 and purchase foreign first by well PAA airlines. It 56 assets the of sisterships in on and Boeing This these' cars States, have RR. and Maine 250 new facturing The been from Central The Maine thousand one & Maine of and company of orders cars announced was will be the built new by Pullman scheduled to Car during start March $7,440,822 $6,646,614 5,450,058 5,345,762 . 365,303 from (£)r)__. 33,378 income- $778,278 ry. < * 4,903,874 2,287,120 291,880 298,G65 64,423 $428,307 50,238,623 6,029,982 2,954,184 $363,884 $827,382 49,171,347 31,870 Gross income Total. deducts, (rentals, /Interest, etc. after 266,977 special —V. on a of to $2,508,876 189,207 1,673,640 *$45,452 has $1,670,975 1,719,320 $835,236 been 2l/i shares of value common will $2 called on stock rate the is insurance National 20 Nov. Co., Louisville; 'Shh., iUt^ Mutual Life t' Bank of St. presently Louisville Bank in the to liquidate rate of Louis; Trust Co.; Liberty Harris Co., Trust Cincinnati; Bank and National Bank & 169, p. from from ry. ' Net from Net ry. *wVfc ipr°vfifc Capital shares Earnings per chare p, ,__J from Net ry. From Gross Net from —V. From Gross Jan. Cr450,000 *$738,002 2,068,270 $975,248 2,068,270 Nil $1.41 from oper. *51,595 8,954 • 1948 ■< from Net ry. Gross Net 172, * • 54,543 6,180 90,803 1,024,143 1,111,888 *66,408 *69,133 7,238 418,024 426,350 342,019 substation of has it 175,836 *105,661 21,185,569 24.045,892 3,052,818 4,225,527 735,443 1,518,380 20,554,444 2,772,534 • 315/537 $2,284,592 1632. J 1950 1949 Net ry. —V. supply power per day, will be pumping plant will new water in levels ? the 129,611,284 138,470,924 148,338,430 131,810,574 33,603,597 36,906,487 40,514,469 34,697,703 12,895,093 14,347,712 16,258,505 15,768,502 income— 172, p. 1343, Gross Net from from ry. Net Jan, 1948 1947 $2,917,420 $3,329,449 1,000,986 695,369 900,314 $2,845,749 564,285 595,971 366,101 426,803 197,920 23,969,053 23,204,310 25,156,504 22,697,397 3,741,747 2,519,090 3,925.291 3,518,499 644,233 *89,244 857,530 739,817 1— from from 1949 $3,365,922 income—. oper. From Gross 1950 railway railway railway railway income— oper. /. •Deficit.—V. 172, p. 1343. City's ] 'j'". Cincinnati, New Orleans & Texas Pacific Ry.—Earns. , September— Gross for 1950, '"'7 railway railway— oper. 1947 1948 $16,490,672 $15,944,708 $16,423,739 $14,331,960 4,943,762 5,066,026 4,541,338 3,318,768 2,284,833 2,267,371 1,700,801 1,390,503 Chicago, St. Paul, Minneapolis & Omaha Ry.—Earnings gallons the reservoir and 1950 1949 1948 1950 from railway railway 6per. 1949 . 1948 1947 $3,725,911 $2,808,389 $3,369,103 $2,740,226 1,613,280 868,842 1,141,370 818,182 income 921,316 458,815 718,852 503,343 29,718,214 27,377,598 29,985,676 25,371,380 11,015,307 8,806,079 10,465,893 8,044,516 5,650,559 4,757,707 6,249,663 4,445,851 From Jan. 1— Gross from Net from Net ry. railway railway income— oper. 172, 1343. p. C. I. T. Financial Corp. 1947 $2,975,127 $3,796,441 852,873 402,201 695,826 201,681 116,434 *230,477 14,046 *529,354 Period End. Sept. 30— $3,150,432 tNet 29,298,946 172, 28,024,737 32,056,765 27,795,506 3,972,893 2,384,532 3,920,447 2,927,410 *2,331,713 _ *3,471,941 *2,488,120 *3,056,668 1342. p. ing 1949 1948 NOTE—The $1,306,320 $1,872,082 deferred 448,722 847,143 617,130 1,037,925 601,538 1— 5,265,977 7,166,769 railway—— income- - 13,060,347 This due 15,723,935 13,345,237 4,568,669 6,126,475 7,883,185 5,912,166 1, at Jan. ry. 1949 1948 1947 $774,000 $850,000 $716,938 29,511 172,490 70,809 14,176 *59,845 86,278 *27,902 7,718,000 7,146,000 7,754,000 7,049,139 1,387,842 929,651 1,446,708 1,239,728 442,117 120,736 564,577 after shares 'Earnings •After at after 1950—3 Mos.—1949 per liabilities rent National 5,262,486 3,749,911 $2.25 $1.49 $4.57 $3.19 172, p. Gross Net Net from -f*Am from ry. VA 570. railway—/llufn^r oper. from Net from Net ry. —V. 1*1 inccmeii*; 1— railway!:—/"' railway oper. income 172, p. 1342. will Payment trustee, be South 38 Co.—Earnings— 1950 1949 $43,283,423 3,134,126 2,482,557 $389,086' 1 $315,581 82,045*'" 43,778 42,-38$ '»• 32,065 ■ - 1948 1947 $395,648 $339,100 -leq- OO."- •• 61,989 23,472 share 527,587 • $5.79 $4.57 dividends. assets at Sept. $7,612,782. 30, On 1950, the $27,398,215 were same date a year and cur¬ before, assets Forge-Waynesboro M. Armistead Telephone Co. & Co.—Stock Of¬ and stock proceeds company (par $20) are to supplies be at $21.50 per share. used for telephone capital service improvements. in certain counties including Clifton Forge, Waynesboro and Iron Gate.—V. in 171, 2195. Clinchfield RR.—Earnings— -Earnings— 1949 / 529,787 outstanding Strader, Taylor & offering to residents of Virginia only 9,105 shares net Virginia, p. • 1950 195011 ■ railway_2£±.i' From Jan. Gross *i*! are The 1,758,552 1 of Sept. 30— common were common The 2,598,837 "September— XT«t- of $49,449,638 taxes— 1,102,000 shares.—V. on interest. Chicago, accrued Bank $24,854,105 and liabilities $5,431,579—V. 172, p. 571. were Co. 1950—6 Mos.—1949 $20,267,940 $47,893,322 share— per and 100 taxes preferred Clifton $25,103,338 profit year a $48,364,398 Common 1230. Champion Paper & Fibre Co.—Earnings Higher— Net $94,946,334 327,056 income p. with compared 1950, called for redemption on Dec. 1, 1950, for $451,000 of 2%% sinking fund debentures has First NOTE—Current 172, the made up of consoli¬ insurance premiums, amounted income, sales income 1— oper. gross unearned 30, Clark Equipment Net 138,009 income Deficit.—V. includ¬ in. St., Chicago, 111.—V. 172, p. 571. Net 1950 railway railway provided 1342. 1966, The 4,804,299 6,272,202 $876,000 • from and Sept. on p. corporation Jupe Dearborn 1342. railway railway deductions, rate account of the sinking fund, made 14,417,304 future tAfter all increased City Products Corp.—Partial Redemption— 478,408 753,845 _ of income $122,903,739 $1,482,181 585,447 railway at backlog 172, the taxes 1950. 1947 $1,700,036 income— cf stock. preference on income Act ago.—V. Pennsylvania—Earnings— share com. dividends Federal Revenue dated 1950 railway p. per (& Subs.)—Earnings— 1950—3 Mos.—1949 1950—9 Mos.—1949 $8,408,635 $6,820,307 $25,554,700 $18,577,157 $2.21 $1.77 $6.72 $4.82 income •Earns, •After Period End. Sept. 30— _ 1,216,038 155,445 162,282 September— service made will which 100,000,000 of 1947 497,484 2,637,457 income oper. from at $3,810,439 _ Sales 52,933 '44,576 1948 $2,766,532 5,338,757 railway railway— fered—R. $143,661 456,637 •Deficit.—V. 172, p. 1342. that 1632. p. income— oper. from Net 1947 $159,586 1,065,277 Income 30 Charleston & Western Carolina Ry. 1949 1— railway railway Oct. Operation from Net $0.47 ' $51,886 58,066 *516.777 1,442,340 York New income.. oper. 172, Gross 590,000 35,597 income 180,011 1,565,248 1,871,000 1949 21,429,662 from Net 'v* September— pub- *1,188,002 •1950 from Nft ry. 1,536,457 Central Vermont Ry. Inc.— -Earnings— RR.—Earnings railway railway oper. 23,630,628 3,717,663 railway Jan. ry. 4,796,656 $141,909 from ry. 28,218,969 2,367,155 conditions railway—. railway from •Earnings Cambria & Indiana Net'/rom 26,087,585 1— oper. Net 570. Septembers- Gross 3,188,279 railway from Net •Based Gross ry. September— Net 2 068 270 outstanding-—! .•jLoss.—V. 172, Net on Mul- and 540,184 from *113,385 to $32,760,688 $17,958,252 $22,854,332 Income tax— Gross 137,174 capacity railway— oper. Trust 1948 Co., 502,043 income— Nine Months Ended 1949 & $2,311,814 September— 1947 50,508 899,212 less not 915,009 oper. from plant Central RR. Co. of Co.—Debentures Sold—The 1950 cost $2,701,410 income •Deficit.—V. 172, p. series oper. Trust $2,925,656 f*r for Federal ry. 2526. were McMaster Hutchinson 1950 - railway railway from Net Net kilowatt from From sold - from Net ry. Gross Sav¬ Calumet and Hecla Consolidated Copper Co.—Earnings Provision'' Gross 83,075 November. rainfall From Jan. Boat- Fidelity to < Co.; railway.— oper. Net Net V°172rep 162?Ct" 26' WerC quickly sold- See offering 9 Months Ended Sept. 30— 1948 Payment Net Bank & estimated cars . Central RR. Co. of New Jersey—Earnings— Co., Louisville, and Northwestern Milwaukee.—V. ry. —V. agree- Citizens 1949 172, p. 1530. year. St. submitted by Solomon Bros. by four-1,500 hp. Diesel-electric road 700-box . . railway from stated, Brewn bid of 99.06916. a was From Jan. 1— Net existing an $1,000,000 $2,000,000 of 3% debentures, due 1960, which Provision Net (par the outstanding. a Union Louis; Trust used secured and Illinois The from from general mort¬ P, due Nov, 1, 1977, at 102.735% and accrued will be made at the Old Colony Trust Co., trustee, 45 Milk St., Boston, Mass., or at the option of the holders, at Manu¬ facturers Trust Co., 55 Broad St., New York, N. Y.—V. Bank — on coupon Chicago, Rock Island & Facific RR.—Earnings— company has called for redemption 011 Dec. 1, account of the sinking fund, $20,000 of 3Va% first and to participating in the of Chicago; First National Lincoln Bank & Trust Insurance Co., metals $10) share by Lee Higginson This Gross ™5/fornia Electric Power in stock stock common company Chicago; Fifth-Third National be at «,a^einTl1 ™Fl5s» National Bank Lousiville; First ings^ Bank of capital Net $2,494,764 w the a early bonds, be ,' 1. September— 27,850,664 lit,000 have in 27« % and Central Maine Power Co.—Partial Redemption— *$48,345 for value par working capital, Mr. repaid 3.1%. t men s outstanding G62. p. 334,864 '■* pumping •Deficit.—V. the new loan bank loan and to provide additional rhe $15,000,000 loan will be of will depend 2,636,910 Nov. 1. and now $3,062,858 announced 110,000 volts to River will locomotives Co.; 316,301 172, p. 1342. a Nov. 2 on a Wells & Co. 187,080 income to for EARNINGS FOR SEPTEMBER AND FIRST NINE MONTHS $2,907,850 September— interest 172, & man laney, Net ry. Loan, Etc.— new long-term bank totaling $15,000,000 and an additional revolving credit of $3,000,000 with 10 banks and an in¬ surance firm, W. L. Lyons Brown, President, announced banks stock common $0.87 which . 99.175 From Jan. 1— corporation Hudson agreement overall 298,574 $4,307,885 $143,755 stockholders of 410,405 railway railway available Gross The $7,524,716 $4,961,627 185,041 par from • Net $560,405 Brown-Forman Distillers Corp. The corporation has completed a The 23,391,718 certificates 612,790 746. The proceeds 24,208,606 Other members of the offering group include—R. W. Presprich & Co;; A. G. Becker & Co. Inc.; Otis <fc Co.; First of Michigan Corp.; Free¬ Central Hudson Gas & Electric Corp.—Expansion— ; on 51,507,828 11,433,291 $4,100,000. City Board of Water Supply's new Chelsea, N. Y. The city-owned sub¬ station will provide power for operation of six 2,500-horsepower motors driving Six large centrifugal pumps. Tests of this pumping equipment, 2,452,751 issue e^c'1 s^are °* credit 1949 $1.46- shares Income— oper, interest. meeting p. The 1— Deficit.—V. The Brooke Iron Co.—Plans Split-Up— proposal 172, 53,900,980 21,511,956 Hutzler. & $3,157,789 from from gage A 32,354,010 income— 1342. p.. on bid A The agencies, $3,584,281 723,604 $4,348,837. •284,552 jvij $375,364 vote 2,699,846 156,167,559 being offered subject to award and approval of the ICC at prices to yield from 1.70% to 2.95%. The group was than $10,484,467 503,516 1950 railway oper. started fixed chgs. charges--: (E. & G.) said. 1950 of railway watershed.—V. Inc. 2,830,578 178,072,704 awarded the issue ',/". _ Oct. 27 at $34.25 per on From Jan. $62,796,230 $61,312,563 510,143 290,659 income Contingent future near was from Net Net 1950—9 Mos.—1949 49,104 oper. 934. p. of increase regulatory public of requirements.—V. September— Manu¬ Net.ry. 918,101 ry. 2,687,361 159,934,620 Offered—Halsey, Etuart & Co. Inc. and asso¬ Nov. 3 offered $3,270,000 of 2%% equipment trust certificates, series H, dated Dec. 1, 1950 and matur¬ ing semi-annually June 1, 1951 to Dec. 1, 1965, inclusive. Issued under the Philadelphia plan, the certificates are Central of Georgia Ry.—Earnings at Net Other would immediately oversubscribed, being closed Oct. 28.—V .171, p. 1666. Gross (0r)_. rents approval 172, shares dividend made Corp.' It Gross Standard 1950—Months 1949 - expenses fac. to offering of 2,900 on 1. Nov. on the is cars — rents stockholders to This share was a SEPTEMBER AND FIRST NINE MONTHS revenues Equipment 343,920 on preferred Net of made 1950. shares. will be called in the recommendation, the directors subject common - for " Operating Operating Joint placed four-for- a (A. M.) Castle & Co.—Secondary Offering—A second¬ steel box cars. Seven hundred- fifty of on a 15-year lease basis by the- Boston Equitable Life Assurance Society of the-United have been ordered on a purchase basis by the EARNINGS FOR Takes have be 20, meeting ary 50-ton Period End. Sept. 30— i 4,412,903 1— railway oper. 172, Gross Co. delivery 1947',' Chicago & Eastern Illinois RR.—Equipment Trust Cer¬ ordered 1851.-• } RR. Dec. 960,000 after taxes— per •Based the RR., It cars Central to stockholders,—V. as Income after govern¬ Boston & Maine RR.—Places Equipment Orders— . is would business board's the split the of shares stockholders action •Earnings for flight initial its made stockholders to Nine Months Ended Sept. 30— sales of built close 240,000 special Net of recommend Net certificate and for de¬ velopmental testing after the type certificate was awarded- by- the Civil Aeronautics Administration on Sept. 3, 1948.—V. 172, p, 1626. total 1948 railway—— from —V. switching < the to Caspers Tin Plate Co.—Earnings— in Septem¬ augmented was Subsequently It was used both for the basic Stratocrulser type testing 1949 168,730,642 48 570,242 Jan. ry. $8,503,245 voted proposal, the at consider The .international' air type. Inc. was the proposed original fleet of 20 Stratocruisers American Recon¬ tificates have directors present A company on Oct. 30 announced the acquisition by Pan American Airways System of the-prototype Boeing Stratocruisef;: bringing Pan Plant — 259,213,109 $4,926,268 split of the capital stock. record "indicate jobs the- complicated - as fails 24,303,472 ; y $23,519,827 $19,114,677 $21,120,128 $19,280,044 9;457,704 6,047,805 6,473,365 5,981,535' income oper. Net 32,353,708 railway railway from Net 36,711,912 l expenses Under industi'y."- PA A Adds * World Consolidated 1950 from from Gross 1950—9 Mos.—1949 $ $ 1950—Month—1949 earnings 172, p. 1342. The . one t 27. Allen,.. President, ourselves national .defense our is being manufacturing announcement equipping of required for the research, an expenditures," high now in * additional according "These the $7,500,000 from Its earnings for year $47,643,968 / Chicago, Burlington & Quincy RR.—Earnings— September— Gross From Ry.—September Earnings— Capital Transit Co.—Plans 4-for-l Split-Up— ^.Boeing Airplane Co.—Makes Capital Investments— -More $67,994,230 35,432,327 > 155,625 • of this company's plant at Perth Amboy, N. was damaged in the South Amboy munitions blast last May, Just been completed, it was announced on Nov. 1 by the WigtonAbbott Corp., engineers and contractors of Plainfield, N. J., who undertook the operation.—V. 164, p. 553. k ciates ment, $1,543,108 ■ 42%. at NOTE—Net current this 5,086,015 1632. p, has Net $ Federal $10,313,370 income which Assistant appointed of been from 1258. p. Period End. Sept. 30— •. .. for 171, Canadian Pacific and Federal $899,578 —V. opers.— oper. Net promotion.—V. ^. including ry. Reconstruction Relations, retired under after more than 36 Public of Oct. on 1950—9 Mos.—1949 from revenue railway Net Chesebrough Mfg. Co. rules "1 1950*-Month—1949" $29,086,086 $18,990,328 $230,976,057 $217,325,870 18,772,716 17,447,220 162,981,827 169,681,908 struction Completed— Personnel— $987,000 525,514 $2.34 . charges taxes $927,764 525,514 share preferred dividend , Income $$1,242,275 — . ei After exps.__ Relations. Assistant 1948 sbaresj> common *1,123,886 Director C.B.E., pension 23, G. H. Lash, Public Diiector 1950 profit per oper. 1230. P. of distinguished On of 1949 172, company's years property. underwriter. no *954,521 income— oper. .W. S. Thompson, from the sale of the contribu¬ for the acquisition, exploration, development of oil common *665,900 railway Claude •Earnings revenue- Railway Net Canadian National Rys.—Changes in Bliss & Laughlin, Inc.—Earnings— tNet *422,272 oper. '56,017 1,751,000 *475,490 *975,772 1,555,000 Period End. Sept. 30— *118,557 *107,804 1,760,000 Chesapeake-& Ohio Ry. Co.—Earnings— /: Railway $194,000 *34,071 *91,299 . '57,201 . *83,706 railway •Deficit,—V. received -9 Months Ended 8ept.3G— Number ,*23,656 — Income oper. from from Net the contributors. operating hereby be be be an to and will will contributions proceeds offered operation $228,000 1947 $209,500 1948 1949 ' $171,000 1950 • railway From Jan. 1— subject to entire tions from Gross by Davidson, Hartz, Hyde & Dewey, Inc. No contributions will be accepted in an- amount less than $5,000, although contributions in excess of $5,000 need not be* in multiples thereof. Blackwood & Nichols Co. will be paid the sum" of $500 per month for each exploratory well and each Initial proven acreage farm-out well beginning on the date when the drilling on atiy such well is commenced and terminating when it is plugged or'becomes from Net interests. property The September— Gross Davidson, Hartz & Dewey;..Inc. on Oct. 2G filed a registration, $3,500,000 contributions in oil partnership), and (a company New Canadian National Lines in New England—Earnings- —• inters With SEC— Monday, November 6, 195'! . . . 8,215 18,829 ' September— Gross Net from railway from-'railway— Net ry/Oper. ^Frdn^Sah. '3,640,'674* 783,701 f 3,404,452 3,832,981 340,734 729,615 3,375,017 543,437 378,482 46,199 336,343 231,266 'Gross-from Net from Net ry. —V. p. 1950 -• " 1949 - 1948 '.'1947 $1,806,633 $1,246,747 $1,553,415 894,482 447,609 651,677 461,772 868,298 349,549 594,090 399,423 15,021,486 12,531,308 14,635,266 12.853,557 6,399,046 4,220,684 5,920,874 5.702 720 5,955,287 3,443,727 5,305,53 3 5,060,933 $1,376,454 l— railway railway oper. 172, income— - income 1343. rrwac Number 4957 Volume 172 . r taxes-__^i™ sept. 3o— * , Efr?in8s pcr co:nmodshare™™.—-—--.-™ . ,• . -tAfter pre- ^Expenses , _ * $1'2996:%5° $1'34»:?63 ter!ifiT=: Net ry. Net ry. — income— oper. 172 xu, * 528,lOo 301,56j 928,929 643,415 • . t tp fnrmrriv Prr^irii'nt nf Sheffield Farms torxaxrly President ox Sheffield Farms Andre J. F. E.4 Inc Nairn, ,t G to'Succeed BG steinetz oriio Ste mete, and will retire under I;he <raw «ge member of the board. Michael Nairn, -Bart., a has been elected has been elect Qr0ss from railway Nefc from railway... ry< 0per_ income— ' •pusmesa said the ■£"*<>****. for. A. year, last W1^a*nkreps:i 'J »J;wPve? domfnd .good ' underwriting, the company, , -This the of business close the on the of 179 ... auo^,. p. lit, v. ♦aee ♦Earnings ' Nft Income 1949 $1,425,737 514,864 $1.72 53 cents the third quarter of 1950 was share the on quarter third same number of outstanding of 1949—V. 172, p. 934. „ Subsidiary— 7 as subsidiary ol Cory Corp., a the parent company.—V. 172, p. r^rr * u TA tt j a 2,101,391 691,061 subsonic, of series advanced An Net profit supersonic pro- details propeller the of developments by the as Dallas Power & first Definitive In ' 172 V Mass Rnstnn the the 30 filed a 100,000 shares, principal underwriter. terms are to be supplied the net to received be by the company will be The offices: as Dana 135 second American NOTE: to S. La Union, On Financial and Seibert, Salle $45.00. per account of the "10 mL?" u?der in Dominion in the a These shares had previously been sold at prices cents to 87J/2 cents per share for the account of stockholder. V. 163, p. 3416. Pavs Largest ' Fairchild Ellffine & Airplane CorP ' i-nviueiiu 111 lib xaibuuiy nitM/Ionri in Tie Uictnrv The directors on Nov. 1 declared a dividend of 40 cents per share, payable on Nov. 28 to stockholders of record on Nov. 14. This is ..the largest dividend ever paid by the corporation and brings dividend payments for the year to 60 cents, a prior payment having been made June 2Q _y 1?2> p 4?6 t m ^ Florida East Coast Ry.—Earnings September .. Net sales - .. — 1949 $4,270,508 249,'141 181,654 profit~~aftcr FederalTncmne"taxes"™.™ Earnings per common share —V. 171, p. 2608. i of Canada, $48.00 rate ot exchange, per year. remittance $1.11 $0.81 . 3,799,649 1,621,805 3,120,290 *145,395 Net from railway 3,783,960 Net ry. oper. income— 1,341,283 'Deficit.—V. 172, p. 1344. Florida Teleohone Corn —$4,494,109 1950 —— 153,917 >348,828 >285,211 Ocala Fla ' 1947 iq4ft .... . , Duro-Test Corp.—Earnings Show Gain— Chronicle year; $34repay share,indebtedness.—V. 168, p. 344. proceeds are to be" .used per note without underwriting. The to v 20,333.859 19.902,941 21,962,353 Chicago fluctuations The company shares of23common letter of notification be offered, at filed a stock (par $20) to with the SEC 8,125 on Oct. covering Net ry. oper. income.,. OroTfrom' railway.... President; St., 7,473,775 Sn4 $1 40s 240 $J,73J.4o8 $i,7yu,4b4 $1,576,304 $],49o,240 $1 733 458 $1 790 484 °73,438 *15,096 (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park William D. Riggs, Business Manager. Published twice a week [every Thursday % 3, 111. (Telephone STate 2-0613); l Drapers'-. Gardens, London,England class matter Februaiy 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Commercial William added 1531. - 6,973,553 14,321,332 Exeter & Hampton Electric Co.—Files With SEC— _. o" , „ . ... e_,_ Gross from railway Net proceeds -v. 172, p. 1344. ^ .. Fiscal Year Ended July 31— employees. The Net ry. oper. income—13,310,975 with qpr p,„jrw™ Charles A. Massie, N. Y. City, the selling of by as The public offering price and underwriting by amendment, as well as the price to working capital to finance its expanded business.—V. 172, p. 120,286,971 112,817.746 130,425,118 110,724,247 30,321,605" 19409,192 32,964 192 21950,695 Net from railway rescission offer. ranging from 50 value. shares are to be offered to employees company and thc balance of 200,000 shares are to be offered underwriters to the public. Baker, Simonds & Co. is named these 1784. 7 , building ($20,0001. nod for working capital. cov"rmgCr5M5or shares"'Srcommon a't'ock "('per registration statement with the covering 300,000 shares of common stock, $1 par Of Net from railway qtvrnn Farilitip* The Highland Park, N. J.—Registers Exchange Commission— corporation on Oct. This BEC Fvnnnrl rft 1 • notification with the SEC covering o40 000 shares of common stock (par 10 cents) to be offered at 75 cents per share through Olds & Co., Jersey City, N. J. proceeds are to be used to pay balance of purchase price of Bros., Inc. Davidson With Securities and $1,864,231 " $6.99 Thc corporation on Oct. 27 filed a letter of 751 n 1949 $2,447,171 ' $9.87 I ' York. N. Y., and at the Old Colony Trust Co., Co., 16 Wall Street, New 1950 rG^;ii^ r» 234% series due 1980. are available temporary bonds at the Bankers Tru^t bonds, outstanding for exchange Light Co.—Definitive Bonds Ready— mortgage , 1950, were the , , . highest m —Earnings— iLxpana oiyron r acuiues , Fansteel Metallurgical Corp.—Expands Tungsten and The company has started construction of a new addition to the Molvbdenum Facilities plastics building at Midland, Mich., for increased production of Styron, J • , . .. one of its major plastic materials. The addition, expected to be Work was commenced Oct. 25 on a $390,000 program to expand completed early next fall, will measure 200 feet long by 100 feet wide facilities for production of tungsten and molybdenum, Robert J. AitOjiland will be three and four stories. son, President, has announced, The program is expected to be comThe addition is pare of a three phase program of increasing Styron pieted early in 1951. New construction will total more than -22,000 production facilities. Only just, recently ground was broken for t.ie square feet. construction of a plant at Allyn s Point, Conn., and a site has already «.0ur backlog of unfilled orders for tungsten and molybdenum began been obtained in Los Angeles, Calif., for the building of another Styron pue u(} jn August," stated Mr. AitchLson, "and now exceeds plantp.at some future date to better service west coast molders.—V. $1,500,000 for not reach us for several months."—V. of military orders 172, 1633. will probably these metals alone. The full impact 168, p. 1144. company known be , of Sept. 30, L,ow Gnemicai go. for propellers as . rh.mjr„i n which produces more than three-quarters of engines of 3.000 h. p. or above, the new models the Turboelectric series. They are designed for use with turboprop engines in the 2 500-5,000 5,000-7,500, 7,500-10,000, 10 000 to 20 000 horsepower ranges.—V. 171 p. 1356. Built will . of this Fund »i> From Jan. 1— $4.77 $3.96 u- s< cu^rency.-v. 171, 'After payment of class A dividends.—V. 171, p. follows announcement by curtiss-Wright of the acquisition of a proved line of turboprop engines through an international agreement recently negotiated by its engine division, Wright Aeronautical Corp. According to Curtiss-Wright engineers, the new propellers will match the present and future performance characteristics of these new gas turbine power plants. ell assets Net jncom5 after taxes. ^Earnings per common share the closely net 320,432 919,851 387,134 * Gross from railway,™ 36,001,768 34,733,231 34,203,051 28,264,6111 Net from railway.;.; \ 16,402,698 12.341,818 1 3,691,039 1 0,263,073 Net ry; oper. Income... ; 6,845,813 5,082,293 5,396,687 4,005,029 v* lu' p- Gross from railwpy $41,809,371 $34,766,292 — ^ Months Ended Sept. 30 the newly-announced propellers will be used in aircraft cruising at 500 to 600 miles per hour. However, the re6earch on which they are based Indicates that twice these speeds can be achieved in propeller-driven aircraft of the future. of the 24,911,000 Dixie Cup Co.—Earnings— Initially, of xtises oro — 1947' September— 1950 1949 1948 1947 Gross from railway.™ $15,047,853 $12,389,310 $15,175,230 $12,666,410 Net from railv/ay -1,247,976 2.669,823 4,337,262 - 1,933,484 Net ry. oper. income— 1,761,907 1,056,119 2,136,843 450,451 1950 1949 $71,572,371 $59,677,292 29,763,000 Fnrninffc E4«Sin, jonei « tasiern tiy. JLarningS— 1948 September— 1950 1949 E"e ' ' Dividend Shares, Inc.—Asset Value Higher— Total which will pave the way to the eventual attainment of speeds 1,000 miles per hour with long-range, propeller-driven bombardment, troop-carrying, and transport aircraft, was revealed on Oct. 30 by the corporation's propeller division at Caldwell, N. J. Disclosure 630,911 $1,75 pellers up to capable 1,212,133 in the per shareofon the outstanding capital tostock. This compares llistory the company, amounting $84,599,792, equal to with $77,743,380, or $1.57 per share on June 30, 1950, and $68,870,086, 0r $1.51 per share, on Sept. 30, 1949.—V. 172, p. 476. Dpvplonmpnf<; ueveiopmenis and —_ Earnings pel- common share..... N23j9E~Above figures are expr-ssed in 1435. trans-sonic, 4,075,627 - ,u v n debt, and for expansion Npw PrnnplW i\ew Irropeiier Torn Gorp. r^jiriicc WrifVit CurtlSS-Wrignt 4,900,992 2,415,717 806,670 Distillers Gorp.-oeagrams L/ttt. (& &UD».)—rTOIll Fiscal Year Ended July 31— after all operating charges..™' Income and excess profits taxes P* proceeds are to be used to reduce corDorate nurnoses—V 172 p. 122,506 - /p Profit interest. net . . ... Inc.-s-Debentures Offered—Hodson on Oct. 30 publicly offered $200,000 of 5% subordinated debentures due 1980 at 100% and accrued eeneral 20,071 4,564,420 2,562,408 862,547 F.lrili loliet Ar Fa«stAi*n Rv Net ry. Jan. 1— opeN Income™/- 816,635 From : $372,190 •; —v. 172, p. 1344. & Co., Inc. The 7 : 5,528,529 Crown Finance Co., „nd 60,179 and Share's common stock, payment being contingent upon the: C.Qmmission s. entering an order authorizing Bond and Share to make -.. such^^distribution'. to :its. stockholders. / This-dividend will result - in the distribution of, 196,888 shares *. of Bond and Share's holdings-of Gross from railway.™ $4,430,155 $3,526,118 $3,960,099 . $3,111,564 Net from railway.. 2,342,938 1,059,939 1,832,144 . ' 941,818 1947 75,384 205,106 182,038 > outstanding * r-$494,143 $621,203 -> $465,281 265,859 ' «.«««•» «t«ck of Tuaa vgj. .<« »» •« » ^asl1U1til'tl553c1ommon stock'' fractional shares will not be dellrered.- 2,218,703 ' 1948 1949 84,308 ■ RR.—Earnings— Net from railway™ Net ry. oper. Income— Corp.—Calls Preferred Stock— This corporation has called for redemption on Dec. 5, 1950, all of Its outstanding 5% convertible preferred stock at $50 per share and accrued dividends of 45 cents per share. Each share of this preferred stock is convertible into five shares of common stock. The right of conversion will terminate Nov. 20.—V. 172, p. 107. ? ' w 2,527,294 From Jan. 1 Gross from railway 1531. Cosden Petroleum yi 2,170,159 . ' , 2,683,023 1950 Gmss from railway.^— * , _ 9,694 810 4,116,355 4,258,853 Net ry. oper. income Electric Bond & Share Co.—Proposed Distribution-^oP, g , f , ... ' The SEC has given 1950,'that persons an be held on an application opportunity of requesting,,,. or before Nov. 8, interested a hearing • Bond arid Share owns 343,844 shares, or 7.2% of the 1947 5,598,860 <> '.V.. * I shares of to dispose of this, stockTexasFeb. 15, 1951. is under a cohiUtilities, and The directory of mitment the common stock of by , Bond and a Share -on Oct. 11,1950. declared a dividend of 3%-shares of the common stock of Texas Utilities for each 100 shares of. Bond $974,597 523,027 172,610 11,519,687 4,633,352 • '*v. V « ZVl 896,sm - $2.C7 . 11.520.599 Net from railway . President, has just announced the formation of flavor-Seal Corp. to take over the assets of the old company, FlavorSeal Cookware, Inc. of Chicago, and the new corporation will operate Alsdorf, W. J. railway. ®|p^652°, on 1948 - , . Value- • . j,848,08/ 1,457,000 - * w^mhtr- . »' $1,314,773. 567,201 . 339,700 1949 Detroit & Toledo Shore Line 1 a c M cents per comshares, for common . .Cory Corp.—Forms New .- $4.85 $0.44 * . $1,476,296 1 $1,155,521 537,835 ' ■ 378,689 253,826 , 202 204 Net ry. oper. income™ —V. 172, p. 1344. . r 989^ y,boo,29b 3,905,000 $27.1A $28.93 selling stockholder. 13.343.577 stock bustanding ■ v- $389,713' $5,743,296 836,504 mumw 1950 T from ■ _ : Gross from railway™, N t from raiiway-^—L_ Ket ry, oper jliCon)-e " Net common share on 514,864 shares of common wfter dividend on preferred stock, compared with 37 mon $2.15 • b28,7iJ 239,000 ljiw p" ' $2.u7 and state per the 204 ,2.533.204 pr0[lt — * „ iQ'in q *irnij iq4o $5 928 221 $64 804 $?1 150 891 628 7n 9 650 296 3 848 087 o Mnc —iwq 84^717 $23 $ September 1950 t$927,488 514,864 • rAfier provision tor Federal profit for net NOTE—The P 684,733 •— (& Subs.)—Earnings— •»nun ■ Ear.nib8f per share _ ,*• ' share common per preferred dividend,. taxes of $775,442. 'After ■* 246 Detroit, Toledo- &. Irouton RR.—Earnings— bteel L-0.—Earnings— Sept. 30— • Net income after Federal income taxes™-; Common shares <outstanding 1,150,246 . „ 45,782,318 .11,068,584 49,625,306 41,875,728 49,440,245 14,401,717 9,488,952 11,300,885. ' 5,785,319 5,935,750 9,157,296 5,393,400 i . .. ■ ; • ^ i Capitol shares outstdg. • « ri , « Copperweld to SeDt 30'50 Dec 31''49 t5Q985l73 *5n fi24 3^Ui Shares outstanding. 275,162 . , 175,057 Net asset .value-per' sharei-^-i:.....-JL.-• '• • $19.99 - $1*22 ~V* 112' l435v f' r ; ' " :V ' ' " ' , ... ....... . • Eaton Products Co.; Denver, Colo.—Files With SEC^• • . . .. .* r -A letter of notification , was filed„ with the SEC on Oct. 27 covering " 160 shares of common stock (par . $100K to be offered at. $300 *>er share .through Peters, .Writer <fc Christcnsen, Inc.,.Denver, Colo. The proceeds *re- to go to John Raymond Travis, a director, who is tJtiC ' ' 1485 123 684 733 2 013 985 .664,868 Fed, income . . 9 Months Ended , .«cJLr?tQ = 1342 831- Pr®"* bel01® taxes taxes.. 4,488,204 mc* (est.) 1,950,000 * share was quickly placed. 1fi99 n onnt j T?nH Np^ fall Net^ales per Copeland Refrigeration Corp.-Stock Oversubscribed offering of 150,000 shares of common stock (par V > p —The $1) on Oct. 25 at $5.87^ per 1343> p "' _ RR,-Earnings- : 2530522 Detroit Steel Corp. ' . r< lncome___ Net ry __y 172 '" )• Vol.m rUna Asset Value 68,395,957 59,285,297 l,241,320 Manu- Dec. 1, 1950, but not thereafter, debentures called for redemption may be converted into shares common stock of the company at the conversion price of $14 share V 172 d 1231. ' - ' ' Until ^ from railway!.: York 15, N. Y. 55 Broad St., New facturers Trust Co., Gross from railway-—- •a 1, 1960, at 15-year 4% convertible debentures due March Interest. Payment will-be made at accrued and S^rS rallwaT NeJ Net ry. oper. l— income— From Jan. ' • redemption on Dec.„ 1, 1950, all of its has called for company outstanding York 15, ». Y.-v, m, p. 1784. Net-asset-value per share x 11,347,955 10,744,462 16,223,980 12,602,340 • -V. 172, p. 1435. 5,705,041 4,763,256 7,942,295 * 5,955,391 ... .... , . \ .... ; .. , , . ' Eaton A Howard Stock Fund-Asset ^ Calls ueDentures— trails Debentures— Fibre Co rmre CO. rAniinental.Diamnnd Continental Uiamona 163% Oct. 25 covering $210,000 accrued Interest• wlll-bemade by City. Bank Farmers Trutt Co, 22 WUltam Stoi HeW- . -V- m. P. 1231. { »<""<* & Rio Grande Western „in5q97 <.= 170, p. 980. This corporation .... has called for, redemption on Dec. 1, 1950, 1947. M, n,|qnr..j $6,621,962 "iWOn '«<ltOWartt oaianceu 1,219,928 * As of— 548,723 Net assets x x • -V . •gfcSff&tondta,.;.; • i- - ' 60,830,917 59,091,020 • Net from railway—.. Net ry. oper. income— common stock to be offered at $12 .per-share,-without for the account of Normair Hirschfield, a director of the selling stockholder.—V. 171, p. 1259. .' / / of Shares 950 832,985 Jan, 1— Gross from railway Corp.-Files With SEC- notification was filed with the SEC on of letter the thl ?ame Deriod Sn^UoSs ntesent shuatibn tT.T>r"ducls^-v. lor Consolidated Gas Utilities A of From Eastern New York Power Corp.—Partial Redemption of Payment first mortgage »%* of the principal amount 1961. 101.56% sinking fund bonds due and • 1949 1948 $6,374,223 $7,813,794 1,517,141 2,127,295 706,608 *' 1,120,869 1950 $7,116,390 1,792,185 September— - - of d •. •. ... wltliiU^ . 2,566,309 - 5,412 108 -4317,040 . 3.891,672 .. " of^ the board, " Delaware, Lackawanna & Western RR.-Earnings— continues th, Vice-Chatrman elected f . 39,543,261 37.495,088 44,762,401 38,924,430 ; • 7,996,697 5,856,751" 10,302,039 9,033,159 N« "• °l*r- :sUlem«„t # covering 100;000. shares of common stock (par $1), to be offered at"85% of ,tfe " highest-sale price of the corporation's stock on Nov. 10,. adjusted to the next-highest multiple of 25 cents. The proceeds are to be used f0l. workine capital—V* 172 ' P# 1435 ' n g P i > j " a. ,, to its employees (other than officers and directors) " , ; ^ ^ * SEC - . From Jan. i_ Gross from railway N<j frQm rail ; . Kircaldy, Scotland, resigned his post as Vice-Chairman- aud as -a board member. His son, Michael George Nairn, was elected a director In his place, and Sir Robert Spencer Sir . fn.o Q.Q chase equipment and for working capital,—V. 171, p. 1993. ttaw, ta^-Regtoters With SEC- • - Eastern Air A9.5® mo1,9,4^. L $4,519,964 $3,955,165 $5,237,693" $4,344,065 1,061,470 733,826 1,376,239 • 857,182 599,027 430,087 735,534 399,878 Net reached retirement reacned ret?renient tms has S?l^v?eee-m?deSt of^collr sSete »s - ... . w ro„.1# Net ry. oper. income from railway...... ' Share), without underwriting. The proceeds-are to be used to pur^; 848,757 -^.786,393 2,583,216 ... 2,337,457 — Sep® from railway i Etc.— Congoleum-Nairn, Inc.—New President, 1,872,466 . 7Rfioqo rc 06 M®*n "J* 8,387,897 l,4o3,G40 1231. imi. p p. 645,829 ft4a™ Delaware & Hudson RR. Corn.—Earnings „„„ „ 9.811.347 ;10,128.377 2,0-8,9<o 1,840,496 10.082,144 2,909,717 • Deflclt.-V. 172, p. 380. 128,199 106.969 ^ railway from Net —V —v. . railway.... from 93.673 236,300 income— oper. from Jan. 1— Gross charges 1947 1948 1949 1950 " September— depletion rwirrs 2Ic'oon •«i'ort">'?£% ■ 'co^'nnn 623,000 ; Total ta*es---—-— i T7 «rj)"n - . By.—Earnings— Colorado & Southern f ; $24,431,998 $20,217,720. ^'^iSol5' ™_--__ ™ 3 (1731) The comnanv on Oct "4 fned. a letter oL notification-with the SEC coverinf 199,780 shares of class A common 5%. cumulative non-voting stock-of which 75,960 shares are to be reserved for conversion "of1 1 15>192 shares* of preferred stock on a five-for-one basis, and the 1,932,051 remaining 123,820 shares are to be publicly offered at parMSl per. : Period End.Sept. 30— ^oss^ • provision of $62,106 for Federal Income taxes. dividend requirements of-$24,624.—V. 172, p. 662. •After ferred * (includes The Hudson Coat Co. and its subsidiaries) ; 1950—3 Mos.—1949- •. 1950—9 MOS.-T-1949 1949 $145.7J3 .<> • Duval's Consensus, Inc., Long Island City, N. Y*—' Fifcs With Securities and Exchange Commission— Delaware & Hudson Co;-(& Subs.)—Earnings— wso *599^11 , after Federal income i Financial Chronicle The Commercial and . Subs.),—Earnings— Clopay Corp. (& 9 Months Ended Net income I . ' _ 279,987 20,365.031 3,044,765 618;82<j Files With SEC letter of notification with the SEC covering 27,200 shares of common sotck <par $10) to be offered at $11 per share, without underwriting. The proceeds will be used to expand properties.—V. 171, p. 1048. ' The corporation on Oct. 27 filed a Place, New York 8. N. Y„ REctor 2-9570. Herbert D. Seibert, Editor and Publisher; (general news, and advertising Issue) with- a statistical issue on Monday]. Other c/o Edwards & Smith. Copyright 1950 by William B. Dana Company. ReenteredSubscriptions In United States, U. S, Possessions, Territories and Members of Pan- Other Countries, $52.00 per year. tor - foreign subscriptions and:advertisements must be made in New York funds. * ' ■> 4 (1732) Foote The Commercial and Financial Chronicle Gear Bros. Machine & Corp.—Mortgage * stockholders Oct. 24, 1950, has been sold through A. C. Allyn & Co., Inc., to private banking institutions at par. Net —V, Foster Wheeler Corp.—Calls Preferred Stock— This * ■ has called before income 121,860 52,965 $2,848,328 ~ , taxes for taxes profit 172, income__'__-__ on 1,031,927 - - Kurtis R. Railway See ry. $2,174,890 $2,146,154 209,616 215,017 1,974,515 2,114,462 ry. oper. $29,709 "$3,194 $200,375 "2,213 *29,087 *77/211 172, 1344. p. - ' 1532. |>. Earnings —V. The estimated $200,000. . -The payable —V. The corporation Oct. on filed 31 outstanding common Nov. $2 stock thereof earnings for the year 1950 8, have declared stockholders to is offered be to for public sale by the to clearance to subscribe <$1 per share) ests ■ holders present stock Che approximately per share, 40c of of as the by for Nov. 1, to be the for each supplied by amendment. As of Oct. 1, 1950, there «iaading.—V. 170, p. 303. 629,244 shares of given stock out- in The V. Slmres New Mexico, shares 259,616 181,673 _____— asset Chase $60.14 —... issuable are the against shares Net $52.05 from Net ry. Gross Net $ bef. Prov. inc. for taxes 1950—9 Mos._1949 from 1,354,483.215 115,612,879 issuable are 14,000,000 35,474,462 21,060,037 $1.23 profit 80.73 ♦Based sh. com. 28,845,927 shares of on the City of Redemption— York, New - 1950- * C. 48,000,000 of - 112,919,454 67,612,879 stock, • $3.91 $2.34 there Lynn over to 1948 Everett, facture V, Mr. engine . the of LaPierre shifts, will jet Aircraft said the and of the Turbine Mr. advanced and be obtained LaPierre plant at at at said. Lockiand would has from now which Wright 2,055.125 1,459,743 as 962,012 493,831 at 583,959.. . have been of the decided expansion upon and will be - income.-- 5,255,778 5,163,989 shares are outstanding) now purchase *)f not are such required additional " prices at share per Sept. on as the basis 30, of 1950 407,434 carrying amounted $1 securities to shares par at land Preferred This is shares of for the effect to of Bullis, a. taat General (!♦ new Sales Chairman, Mills, During of portation 3 Vis Vr- 1, shares 11,026 of its shares exchanges preferred the last Inc.: Nov. on 2 informed earned of May 31, 1950 that 81.8 cents equal to 172, the $5.40 1950, first of half of total earnings plowed were back of 54 into was mostly for grain and million the in the business for past improve counting heavily products, develop new "' its on ones, eat breakfast cereals. second > in the 1950 and broaden directors Oct, on special a of 27 declared $8.50 a two share, the As « result f*r The The of share $3 the on payment payment is dividends two Dec. 31, *ie directors also decided ii'ii^us," reserves is of the to of see V. 172, lender the on Dec. on arrears will 15, . be 476. approximately $1,800,000 1950 Court, office ' Oct. record announced was and Chairman of v ' " * «.■ » 5 were recently given the 57,600 shares of additional for 26 share) the on will be to used basis each 167, share 347; p. Dec. of 31, V. shares two for > 1233, p. Higher— the Fund's share stock, Sept. on taking 30, 1950, outstanding were shares. for the first nine approximately or 172, 1949." There 74,302 investments $13,948, of $20.87 per was on total on to 1358. p. of bank loans and the r.epay 18 months cents this of share. per ' . - 1950—Month—1949 1950—9 Mos.—1949 $ 23,622,764 21,149,662 oper. expenses— 17,241,627 16,662,661 of from ry. oper. rev. 6,381,137 income— oper. 1233. with proceeds 4,487,001 46,740,188 38,958,350 2,814,777 1,905,857 20,256.308 16,782,533 1,162,546 13,951,932 10,112,234 from the above credit a construction.—V. new s . retire loans issued under - $ 195,336,296 187,409,901 148,596,108 148,451,551 2,139,116 — 172, p. Gross Y., 5,.N. it Counsel revenues——. two issues new will agreement and incurred 172, be to used connection in 1533. p. Illinois Commercial Telephone Co. The City of and by and OCT. 27, Mary¬ County, • sh.i retire tion at 4The agreement sale, pledge under- which and mortgage Plans at value par (less expenses), no during of $150,000 4e/c such of 172, then an restated agreement of issued dated no 26 of of as a I'b. 1, as the of being par by and them note construction next few is be supplied expected middle expenditures Tentative years. Sold—The shares of stock offered common p. that of No¬ * will plans continue for 1951 4.26% public offering cumulative pre¬ at\$52.75 be quickly placed. share were details, see V, per For 1633. Illinois Terminal same . Net Net from from ry. 1950 railway 1949, $1,041,994 railway-*.-—_ 312,852 income— 1948 $1,033,883 '-299,177 1947 $1,187,382 ,' $1,034,561 349,944 402,444- , 128,680 146,124 199,904 168,695 railway 8,807,959 8,880.126 9,828.081 8,674.104 railway__ 2,134,591 2,033,333 3,051,592 2,806,992 894.313 963,412 1,474,586 1,291,224 oper. From Jan. 1— - from follows: from Net number as RR.^Earnings— September— Gross of. the are that the Co.—Stock reported to Gross underwriters purchased it the com the to to are SEC, about (par $50) at $51 per share and accrued divi¬ quickly oversubscribed. The 200,000 shares'of 172, 1950. Oct. note terms tne 1980. 150,000 also Net names stock common and by public 1533. p. Power dends was also outstanding" immediately prior to the transaction Fidelity-Philadelphia Trust Co. The remaining $36,000 was the additions and betterments will be $4,600,000. further financing as may be required are not yet such Oct. on being involved in the transaction. The proceeds for the retirement of $266,000 first mortgage g %• immediately prior to this transaction and to retire total to gross provide a clearance ferred stock of dividends, provides for a continuation Management Co. for five years from, the provides for prematuring of the note in the 1950 for Illinois and payment 17, level that definite.—V. the mote expects company high a their clauses to offered par underwriters. • estimate 32.000 shs. at be SEC no purposes. The , 840 shs. bonds Subject will principal the Securities of the stock offering, together with proceeds from the sale $2,000,000 of 3'V. first mortgage bonds, due 1980, to be sold privately to institutions, will be used to pay $4,100,000 borrowed for construc¬ i86.000 these public as stock, Webster & Proceeds *266,000 80,000 shs. to Tully & Co. are named offering price and underwriting shares statement with preferred Stone of 'J escrow Curtis, Mitchum mortgage bonds, due . - 1,000 shs. cumulative & Bonds Placed Privately—The company, a subsidiary of General Telephone Corp., also has made arrangements to sell to a group of institutions $2,000,000 of 3% fifst Outstanding $$330,000 ' - registration a $5.50 — . 1950 86,000 of Jackson vember. . 1, shares Webber, amendment. the Hagerstown. Authorized and Oct. 27 filed on 21,000 Paine, Corp. various Washington company covering value. The distribution Registers Stock Privately— ! With SEC—Bonds to Be Placed discounts to shares -quarter of and to 1950 see v. ry. —V. p. Co._^i 26,000 172, Goodwin— ; 1633. p. income *Earns. ■ after per income oper. 172, 1233.- p. $1,549,960 As of— arrears. (& Subs.)—Earns. 1950—9 MoS.—1943 $4,750,157 $0.56 after 476. 171, ' • . p. as at company, SEC June 30, to amount June Gas its gas for for to a to of New sell its Haverhill Gas cash England 1950. Light Co., consideration Haverhill;,Electric accounts the the gas sale receivable propetti^,' of not also of due and gas $27.05 $23.45 Period End. Ry. i oper. rev. Sept. 30— revenues.. from ry. to plus to sell the materials has or, Haverhill date-of sales and the con-, supplies. operr income 172, p. 578,784 216,945 5.393,788 4,135,128 177,288 1,616,997 1,332,932 125,287 1,069,410 891,563 1436. Indianapolis Power & Light Co^—Permanent Bonds— gas minus subsequent to conditional ry. 1950—9 Mos—1949 $1,957,489 $18,341,369 $17,520,749 719,103 280,950 opers. inc.' after fxd. chgs. —V. RR.—Earnings— 1950—Month—1949 $2,216,340 Net * — Harbor Belt -• franchises, a. non-affiliated retirements prior on System, and $197,000,. or proposes billed 'amounts gas'appliances, Electric properties gas equal to the net plant Additions 3C, transfer of tracts subsidiary a 1950, utility company, an Co.—Proposed Sale of Properties— authorization June 30/50 $76,740,936 3/272,434 1149. Net Haverhill Electric received the outstanding assets per share__ Net . * Sept. 30/50 3,261.794 , assets Indiana $2.64 value, par Net —V. . $3,661,792 $3.46 -•*Based upon 1,334,995 outstanding shares of no preferred, dividends.—V. 171, pp. 1668 and 1784. to "earned * $88,223,503 . Net Shares $796,484 $1.13 Incorporated Investors—Asset Value- •/ 1950—3 Mos.—1949 taxes share com. 6 000 __ • that increase 172, & Harbison-Walker Refractories Co. Net to excess 1951. Period End. Sept. 30— _ of the 450,576 shares of common stock outstanding from i per share to $25 per -share by the transfer of all "capital surplus" $4,133,449* and $6,824,375 of "earned surplus" to "common stock" will leave an estimated balance in "earned surplus" of in Fox report for fiscal year ended May 31, gains amounted 171, ry. Oct. per negative Walston, Hoffman & preferred reduced 1950 to transfer to ,-ftated value « $1.25 1, Oct. on or under This 31, of per of a Net by Harrison of uses p. quarterly payment applicable wholly against Dec. will . 1950 —V. 1633. within $1001 (par agreement, company held by 1950. as tendered. Telegraph Co. of Virginia, Inc.— construction.—V. value income 1, semi-annual ready-to- 9th declared, be tendered, so held. new 30, net Net 1,000,000 dated UNDERWRITERS—The of per $8.50 ($5 $20.00 Net certain note de¬ olden? of record on Dec. 1. 1950, and a dividend of $3 a share payable on Jan. 2, 1951 to holders of record on Dec. 20, 1950 The 1-referred stock has a regular dividend rate of $1.50 cumulative. York. American Shares dividends payable also not cer¬ New a before Oct. or with purchase refrigeration the OF Aug. outstanding $64,000 of a 4r/c note out of of sales i Amount. Feb. the on bonds General Steel Castings Corp.—Declares Two Preferred Dividends—To Increase Stated Value of Common Stock viz: on par asset preferred _ lor fiscal year ended May 31, net preferred of used were —V. The in AS deposited in contains the of missions years, program been date, Harrison For report Supreme oper. „ institution - Ranks first in flour sales, "and such in Haytian should Ry. Fidelity-Philadel¬ 4 f/c, value (par \lk growth research and Co., of serip s defaults as defined therein, and upon default permits judgment for principal, interest and 10c/c collection fees." STllese $330,000 bonds were purchased from the company by a savings . C'OCfc, to and is company existing l.rcxlucts. of event trans¬ five 1, Co., management entry velopment. The & stockholders at for the $650,000 dated 1962 pfd."stock issued date dol¬ costs. That stock new for purchase, heating, territory bonds, Aug. restrictions Has "capacity in its 18 flour mills to grind enough In' one day the bread needs of the 12,838,000 people in the New York Metropolitan area for approximately three days. (5t the 1975 1, note have call was per due Trust stock first supply (4» in purposes adjoining Oct. mtge. *Funds in dollar sales due 5cumul. 380. p. stockholders cents 3.3 every plan, and present Trust stock Illinois Central RR.—Earnings— stock. p. 1950, due in 10 equal instalments to Oct. 1, 1955__~ . ended (in liquidation) unexchanged certifi¬ of should 1436. p. Telephone new of and f. first mtge. bonds, dated Oct. s. phia market " and year year, holders Ry. to the company. accrue engaged cooking, industrial certain Promissory (2> (3) is for gas CAPITALIZATION later completed.— outstanding.—V. paid right back for supplies and services, about proceeds no and and Com. lar at leased General Mills, Inc.—About $27,000,000 of Earnings Past Five Years Plowed Back Into Its BusinessHarry | c . this corporation the was Stock— Maryland. engines quoted $2,201,323, . sinking fund for the retirement of the class. A ultimately to create a singie-story capital a Sept. • Walston, Hoffman & $10 per share. The offering was made for of Walter A. Wood, Jr., the selling share- " natural 1912, the offered at par for the account la., seeks 172, compared —V. is inviting proposals for services in obtaining exchanges its presently outstanding $6 preferred stock (of which for the as of 5Vc on covering 1295. York portfolio at market value, year 12,357,896 5,136,362 commercial yet General Investors Trust, Boston, Mass.—Asset Value— assets the 53,627,353 15,729,343 6,777,516 \ BUSINESS—Company occupies announced negotiations 19 complete failure of proof of fraud, The Court commented upon the fact that the will be placed on a dividend basis and that stock company .. 60,027,713 12.720,470 holder, and 172, p. 1435.. Net The 1,512,739 - facilities details Oct. to.be 196." Hoe's General there unfairness. common Tim account sale as piston during World War II. Corp. of Toledo, Ohio. Auto-Lite said that shares 3,059,576 1233. ruled proceeds, $250,000 $6,172,502 259,756 New the $6,825,653 54,217,091 Goodwin the nearby not company manufactured were Electric LaPierre stock p. capital under five Hagerstown Gas Co.—Stock Offered—Offering of 32,- extend and The in of 170, p. Of 000 shares of $1.25 par value common stock was made on Oct. 30 by Harrison & Co. and research. Lockiand by certificates each $0.001,33V 172, factory staffs Lynn laboratory shares the structure.—V. The . 55.709,753 of 40,000 Divisions, additional transfer operations la.— - . - Gas Moines, on Davenport, corporation Chemical Bank & at all of common common $7,129,374 proposals are to be presented to the company at the Southern Services, Inc., Suite 2000, 20 Pine Street, New York before 11 a.m. (EST.) on Nov. 14.—V. manufac¬ changed. These operations include manu¬ turbosupcrcharger parts, assembly of these to space the present engines, upon, of be not engine additional aircraft after jet engineering complete decided Mr. Manager these Mass., portion for and of of The from its the company plans' to procure will move-its executive and Lockiand. into been expanding Co., SEC the of void.—V. right to fwbscribe 1947 15,226,524 shares stock period of many months. a Outside parts is Lockiand, Ohio. LaPierre, Mass., said apace a at W. Lynn, it the Hudson Fund, Inc.—Net Asset Value 1949 < railway—!- 172, p. 98,000,000 Expands Jet Manufacturing Facilities— announced Des Rights Expired Oct. 26— . York.— New Such Company has turing facilities with stockholders, issued A., 1954, and or remainder Gulf Power Co.—Invitations for stock outstanding. common ^ 2304. Co., preferred & distribution its stock by Neil P. Cullom, the jstock »■ The company 38,500,000 filed was Period End. Sept. 30— 1,190,372,404 210,919,454 Ao ? of Directors. Hoe stock exercise railway.—— ry.'oper. —V. Fed. -in- per of income— opeis 11,026 Net ■*73arns. Bank railway from Net , . 35,060,037 for through operation -of $' ' • ■ ^ 338,615,888 73,974,462 taxes come , '' sales—bi!led____ 473,432.973 i'9f. i Net Subs.)—Earnings— 1950—3 Mos.—1949 1 Power Corp.—Partial From Jan. 1— General Electric Co. (& Per. End. Sept. 20— National September— Gross from railway • $9,455,908 189,905 outstanding value per* share —V. 170, p. 2024. Net Dec. 31/49 $11,420,324 — S. 30 illegality new - Gulf, Mobile & Ohiq RR.—Earnings— Sept. 30/50 ; 171, p-. Insurance Quail fractional 15, The Court 171, p. 2304. General Capital Corp.—Asset Valueassets above.—V. stockholders.—V. *172, Cohalan, Oct. on corporation has called for redemption on Dec. 1, next, $65,000 Of first and refunding mortgage bonds, "3%^; series due 1963, at 102 (4 and accrued interest. Payment will ' be made at the State Street Trust Co., Boston, Mass., ;or, at the option of the holder, at t As of— Net * > exchange Co., its Board at of Governors of the New York Curb Exchange on Nov. 1 the listing of 363,188 additional $1 par capital shares, of 75,000 shares are Issuable against the acquisition of land inter¬ Green Mountain • stock common 2446, p. cumulative among lor Sept. O'Leary be This . were Co. through plan for Home reported prices or quotations t>f Exchange. Underwriting terms are Stock 161, Electric to $500,003 decision dismissing the complaints of two common stockholders challenged the consolidation of this corporation with Hoe ExportImport Co a subsidiary, has been handed down by Justice Deiiis shares held. seven subscription rights and 28,572 against the exercise of options,—V. 172, p. 1533. the basis of York New and (R.) Hoe & Co., Inc.—Suit to Halt Merger Dismissed^— 1950. Co.—Rights— SEC, the stockholders are to share of additional capital one stockholders' of none on 5'Jo common become null Merrill Lynch, of selling stockholders on , plant "utility A right which of the proceeds are to be received by the company. Pierce, Fenner & Beane, of New York, is named as the principal underwriter. The public offering price is to be a fixed price (determined by the representative of the underwriters with the approval and record of be will 1950 dividend a the assets for scrip On Earnings, Etc.— approved par 'i i The net the the with stock, of selling tificates The Board registration statement a covering 60,000 shares of its $0.85 All directors par witae. total who With Securities and Exchange Commission— GEC $239,919 170, p. 1914. Subject - $261,420 its cates Sugar Registers - Electric share) per Under of $0.76 Great Lakes Oil & Chemical • 1950.—V. notification ol shares seven * 1949 2024. p. Good Humor Corp.—Estimated new Garrett Corp., Los Angeles, Calif. its • 30, letter ($50 of ' 1950 chare common per 170, , ' (The) of and • 9 Months Ended Sept. 30— Net earnings after Federal income- taxes— • office building is now in the course of construction. The company has also built a new garage during the f»ast fiscal year, and has made extensive repairs to plants. "We have purchased Daniel D. Weschler & Sons, Inc., a malting Firm located in Milwaukee, Wis.," Mr. Froedtert reported.—V., 172, a 4f/e plant gas Haytian Corp. of America—Distribution of Assets— Froedtert, reported A *252,229 Deficit.—V. and ' Eleetric's - Haverhill 2,000 $31,692 Income.- oper. for -such, accounts $10,000. Haverhill Files With SEC— $211,823 'rev. from Net * 1950—9 Mos.—1949 $239,325 expenses. oper. Net company's by-products. also consideration exceed approximately Hawkeye-Security 1950—Month—1949 revenue, oper. Railway President and Chairman of the board, on Oct. 24 reported the company has completed construction during the t»ast fiscal year of a new grain storage elevator and a building SO by 150 feet for the manufacture and handling of some of the He the to declaration, Haverhill Gas Light Co.—Proposed Acquisition— $1,719,029 Giobe-Wernicke Co.—Earnings— Froedtert Grain & Malting Co., Inc.—Expansion— , the constitute June at as 1,109,049' $1,504,098 - that expected in The proceeds from the sale will be used by Haverhill reduce outstanding promissory note indebtedness amounting 1031, p. states not is stated business 20,250 Period End. Sept. 30— , • * $2,795,363 Georgia & Florida RR.—Earnings— for redemption on Jan. 1. 1951, all of prior preferred stock (par $25) at $26 f»er share and accrued dividends of 31 Va cents per share. Holders of prior preferred -stock will have the privilege, after the opening of business on Dec. 1-5, 1950, of presenting certificates for &(mres of such stock for redemption and receiving the redemption ♦wrice therefor, namely $26.37'/2. ■* Payment will be made at the Chemical Bank & Trust Co.,, 165 tlroadway, New York 15, N. Y.—V. 172, p, 380. corporation —... As Monday, November 6, 1950 . ; ♦tc 80,412 outstanding shares of ' $2,414,165 deductions-,—.*-.— declaration materials 1949 " $2,536,025 after income The 1950 interest Provision , . operations EARNINGS - business, Profit Bond proceeds. . • - from Non-operating $520,000 will be used to retire the balance of a ♦1,200,000 mortgage bond issue sold in 1947. The remainder will be mdded to working capital.—V. 172, p. 1344. the OF 9 Months Ended Sept. 30— Profit fund bonds due Oct. 1, 1960, authorized by Of STATEMENT CONSOLIDATED Issue Sold—The issue of $2,000,000 first mortgage 4% sinking . . , . Permanent the amount first of mortgage $40,000,000 company's temporary Exchange may be now available same issue*. for Oct. 1, exchange 1979, for ' in the . , , made at the offices of .the trustee. American Trus»t Co. of Chicago, or at the Chase National Bank the City of New York.—V. 172, p. 1032, National Bank of bonds;, series due are bonds of the & Volume 172 Number 4957 Net: income As outstanding of 95,134 85,162 $0.26 the liquidating value 1950, shares the market was Business share per of capital stock (par $1), $14.42.—V. 170, p. 1598. International valued profit Capital after Earnings Machines Corp. (& bid to sell dend side $24,700,285 2,632,007 $8.95 rates as stock time to be in keeping may necessity of from shares 2,763,548 on outstanding <'$8.94 Sept. at 1950.—V. 30, new shares common with stock, 775,000 $2,802,923 $2,145,290 $2,760,153 shares 451,531 122,022 546,680 408,504 214,266 *14,234 297,506 119,126 24,342,405 23,121,484 25,014,213 21,801,691 4,645,716 3,901,249 4,146,664 and of will Net ry. 2,177,809 1,802,836 1,683,381 838,755 plans the next income... 172, to The trustee, to sell sufficient Gatineau off a $9,000,000 bank loan. pay motion the of 1,100,000 Part preferred stockholders Co. power committee common that asks also Gatineau Gatineau three providing for trustee's of Oct. on of the total outstanding. for liquidation of International, 66% plan reclassification hearing trustee's the stock, company's but 31 has it in holders would the basis a 172, provides for payment to stockholders paying a ratable plan by or interest —V. company's been scheduled until was postponed 58% the to preferred and 42% and the will to up Net from Net meeting a of proposed be the plan proposed would enable which would ry. public, of class the board of contemplate intended, from Net ry. be ties and Ware would available corporate sale, &f stock including purposes Nov. on Oct. on 26 was 2,000,000 shares. out carry dividend for This of 45,000 (ESTl capital working capital one share and for expenditures for other general plant facili¬ new 172, p. 1634. W. Purcell, elected Mr. Purcell Alleghany Total mately and Corp. assets Executive Vice-President also is corporation since May, this of the ol by $750,000,000.—V. 1949, of Vice-Chairman 170, has vote 17 approving on plan a of designed tc eliminate accrued unpaid dividends shares of preferred stock (par $50). These dividends $7.50 share, per lowest total a in of offered seven shares stock tendered, prices Holders ferred excess amount Oct. 170, of $42.50 per share. under this offer, will be for each share of pre¬ in exchange 1296. p. first has called for redemption on Dec. 1, 1950, $20,000 of 3%% bonds, series A, due Dec. 1, 1977, at 101%% and Payment will be made at the United States Trust New York, N. Y.—V. 170, p. 1962 to of 246,634 *1,568 105,558 128*022 51*020 3,939,806 4,248,671 1,627,704 1,950,208 770,453 & of the largest Gross State Farm Mutual made was Life Co., Mutual Co., financing may for was of $4,500,- Ind., thus to Net distribution of 9 cents during the year of a profits.-—V. 172, realized 5% 102.17 at See first (not V. mortgage 100 172, seven. & Electric Co. due previously as and $9,802,048 8,204,534 Queens re¬ Nassau & Suffolk after $1,597,514 $6,566,074 $5,978 094 4,163 18,144 opening on old the $1,822,651 $1,593,351 $6,547,930 704,533 2,682,770 $5,961,996 2,527,130 $868,818 $3,865,160 $3,434,866 $0.35 $0.28 $1.23 $1.09 7% series the 6% plan Oct. A Gas the 24, of 24 1950, stock, in is company Long being now Island Lighting Co., & Suffolk Lighting regulatory commis¬ $100 the Net $18,361,324 14,305,099 114,107 13,942,017 2,018,307 Crl 2,806 Crl03,073 Crl43,u01 26,770 20,986 194,086 217,430 $180,966 income. $84,451 $1,615,548 $1,663,378 2,031,516 11,126 11,796 108,650 101,896 $192,092 income $96,247 $1,724,198 $1,765,274 in¬ (rentals, 105,036 105,050 913,358 957,107 $87,056 *$8,803 $810,840 $808,167 etc income *Deficit. Boston Manila & Maine Order— above.—V, RR. Electric Co.—To 172, p. 1346. Resume Payment of Interest and Dividends— F. A. President Tegen, Public Utilities Corp., General of of deposit for the provisions recapitalization certificates have been the as of of the of "The Central Bank the of 30 Philippines has approved dollar payments representing current interest and dividends at the $2,148,750. Such payments are subject to an 13% holding tax which Manila Electric ceived from Co. that received since will will in on kw. the U. annual taxes. of rate with¬ Philippine income S. This put3 basis—no income having been re¬ since 1941. It is anticipated that funds invested in domestic subsidiaries. Electric Manila steam Co. generating the war to paying a company October offset an initially be 50,000 before be placed in operation a new and for the first time to meet all demands for station is company able electricity." capital structure of Manila Electric Co. is 15-year ev2% follows: as debentures Common 12.1% $4,000,000 10-year 5%% notes 6'/4 % preferred stock 4,000,000 stock surplus 10.6 10,000,000) — 12.1 3,500,000 65.2 11,542,500) 100.0%* $33,042,500 ♦Held the by a —V. 172, p. wholly public—all owned other held securities subsidiary the of by Electric Associated Public General Utilities Corp. 1346. Maryland Casualty Co., Baltimore, Md.—Tenders— The to Baltimore and National including Nov. Bank, transfer agent, Baltimore, Md., up will receive offers for the sale to 1950, 20, company on Nov. 30, 1950, of its $2.10 stock to an amount not exceeding $246,157 fund, at prices not to exceed $52 Notices of case of acceptance rejection or offers accepted will certificates transfer agent on or before Nov. 30, cumulative prior preferred now held in the purchase share. per mailed by Nov. be should be consummation deposit have requested to the in 24 and In of hands the 1950.—V. 170, p. 1804. Massachusetts Investors Trust—Asset Value— Sept. 30,'50 June 30,'50 $ Net assets Number Net $ 332,591,572 297,159,291 of asset shares value outstanding 10,700,999 10,512,070 $31.08 $28.27 share per 171, p. 559. amended an with company, been McDonnell date. perma¬ surrender Bank of the Manhattan Company, New exchange therpfor certificates for the new Island Lighting Co. (consolidated corporation). Aircraft Corp.—Files Amendment With Securities and Exchange Commission— Due their of in Long Oct. on announced: —V. established the office certificates par 1635.. p. the 1 ' Vice-Presi¬ a 1950—9 Mos.—1949 1,574,215 Exchange certificates of deposit of deposit for the par no Curb certificates with and holders receive of par York New stock. been for and stoak company's and stock having books to 172, of the at $100 accordance at City, this were preferred is directors of - made $1,306,565 $17,873,031 As of— trading consolidation closed common stocks Co., and Nassau proceedings before the unlisted B transfer —V. consolidated old Electric & years the of the oi preferred action for stock common series This r.cw holders Oct. of , the from 1938. 16,098 $1,090,606 seven A. Freimann National Vice-President, have addition in was Richard Mr. since Fort Wayne number 1050—Month—1949 income terest, the courts. Removed the • (Dr) oper. Deductions $44,761,133 $39,620,854 38,195,059 33,642,760 732,045 new Co. Cr7,946 rents ry. The 5,949 __ Borough sions and the of Pridham, S.- 1,517,344 rents Co., (Dr) to Board; company 219.411 Earned 9,521,235 stock distributed E. $1,936,545 revenues fac. modern bonds $1,828,600 share due 1534. p. succeeding the of 1950—12 Mos.—1949 $11,349,835 income per • — Gross 1534. p. 1950—3 Mos.—1949 deductions common and increasing Comptroller, 1234. p. President, Vice-President Wayne, expenses Equipment $26.14 bo the to holders, the two-for-onc registration amended was offered to are from to at market five split-up statement 80,000 cover to go Net from Net ry. Teachers $4,500,000; Co., $750,000; Connecticut Co., Insurance Co., $300,000; six-year bank to $25,000,000. credit agreement by The credit arrange¬ the Bank of America National Trust and $11,250,000; Mellon National Bank & Trust by The Chase National Bank of the City of New See also offering of securities in V. 172, p. 1634. Kansas City Southern Ry.—EarningsPeriod End. Sept. 30- Ry. oper. Ry. oper. Net rev. Net ry. oper. p. 1950—9 Mos.—1949 $3,455,581 $28,783,686 $29,619,243 2,024,427 1,880,962 16,462,251 16,596.864 1,786,466 1,574,619 12,321,436 13,022,379 839,669 expenses from ry. oper. 172. 1950—Month—1950 $3,810,893 revenues 774,520 6,086,304 recently approved by the stock¬ filed with the SEC on Sept. 27 shares of stock common (approximately $17.25 stockholders.—V. selling share). per 172, (par $5) to proceeds The 1437. p. from Gross Net from Net $4,579,020 986,116 687,215 1,114,097 991,620 Payment at 222,545 *50,193 337,510 200,781 National Bank Income ry. 37,046,244 4,258,533 39,819,327 4,824,447 *527,516 *2,243,449 *2,086,253 income— 172, Electric Co.—To Create New Preferred (O.) purpose meeting of stockholders has of reducing the authorized preferred stock from 200,000 to actually issued and outstanding. also new of stock common share for paid for each on shares of (no par 22.6929 before or paid not Co.—Rights to Stockholders— of record value; shares Dec. for at on $20 held. 31, Oct. . before immediately after that date. 172, p. 1534. 1950 15, on shares Any Dec. were 1950 share per Any 1950. or 7, before Dec. or on others —V. Oct. on the basis of 82,011 been called number of shares. This for Nov. shares is the for 4%% 20 of number at 1950 will due be New York for the 1980.—V. received 6, N. purchase 172, p. by the Y., up from will be sold to No fractional shares will be issued. in Bank 12 of at o'clock Room noon $10,000,000 a033, iESTi first Two orl Rector Nov. mortgage 14, & The from Net ry. oper. From Gross income Carl 1949 railway railway— oper. income from 1948 ' 1947 $18,151,481 $13,867,905 $17,557,784 $15,320,626 5,441,864 1,992,644 3,862,723 2.025,948 Net ry. 172, p. 1346. interest. H. Cotter the will Payment USN (CEC) before company The First Trust Co., at made be the at Chemical p. 1804. (Ret.), President, on Nov. 1 said: taxes are currently the highest in backlog present which of construction of $26,000,000 amounts to under¬ work represent work cost —V. a 172, 1438. p. , Michigan Consolidated Gas Co.—Offering Date— bids its on to are Detroit, be 11 proposed bonds, due in 1975. Bids opened a.m. new (EST) issue of on Nov. 14 the time $20,000,000 first mort¬ been set for Nov. 13. The date originally had at company's the offices, 415 Clifford Street, Mich. Officers of the Nov. 9 at Bank Farmers Trust Co., 20 Exchange Place, N. Y., to review prospective bidders'the information contained in the registration City with statement The and The first The Nov. company Nov. 6. three on 1950 issued 30 request a 2,400,846 921,698 145,180,290 135,615,745 20,708,976 10,173,242 155,399,777 138,471,270 27,685,631 24,951,471 common 15,345,572 11,861,402 an amount an aggregate of $6,000,036. issue bonds, proposal and sell, at due ,1975, stock available to 2:15 p.m. to equal amendment with the SEC increasing 1%% annually beginning May 1, annually in an originally had been set at,ll/4% and at 1%% annually thereafter, years Oct. to fiied 1 fund 656,993 financing be the new bonds to on sinking SEC will prospectus. company on sinking fund the changed to has company opening gage 2,794,924 32,113,125 16,597,929 made Farmers Co., 165 Broadway, New York, N. Y.—V. 170, corporation's on 1954. Jan. 1— from Net —V. RR.—Earnings— 1950 be Bank plus fixed fee basis. The company is active in a wide field of industrial, building, marine and heavy construction, and also operates in the fields of marine salvage and heavy hoisting. the railway railway Trust Adm. The from accrued "Earnings of history." for (Ky.)—Secondary Offer¬ ing—Lehman Brothers and Blyth & Co., Inc., and associ¬ ates on Oct. 27 made a secondary distribution on the New York Stock Exchange of 79,000 shares of common stock (no par) at $32 per share, with a dealers' discount of 40 cents per share.—V. 172, p. 1437. September— will City its 1635. Nashville at Merritt-Chapman & Scott Corp.—Earnings at Record— bonds, Louisville Gas & Electric Co. & the and approximately $68,000,000, company to it interest or 1635. has called for redemption on Dec. 1, 1950, out of sinking fund, $36,000 of debentures due June 1, 1958, company 100 one Louisiana Power & Light Co.—Bids for Bonds— Street, 111., p. Merchants' National Properties, Inc.—Partial Redemp¬ 23 subscribed shall be for shares and 1950 Chicago, for 2,830 shares subscribed 31, redemption on Dec. 1, 1950, for the first mortgage bonds due June 1, 1966. accrued tion— taken Net to authorize and issue a series of 200,000 shares preferred stock to be equal as to dividends and proposed class 6,190,125 The Telephone stockholders common Gross Stock—Proposed Financing— special *753,476 of for 3% and 35,869,656 1346. p. has called $128,000 of 102%% York, N. Y.—V. 172, moneys Lorain Louisville & 38,048,987 6.036,544 railway oper. sinking fund, New railway ♦Deficit.—V. Corp.—Partial Redemption— corporation $5,100,577 6,773,976 income 1234. Kansas Gas This 1947 $4,318,156 From Jan. 1— Bids $100,000. a 1948 $4,405,009 railway oper. Mead 1949 1950 railway____ Mutual Life Assurance and $5,000,000. is Taxes Long Island RR.—Earnings— $60,000,000 for America, State Automobile borrow up effective Association Insurance $500,000; Insurance the $8,750,000, a from 12-year only. September— Mutual Life Insurance Co., The Association Farm Life Kaiser Stee! Savings It of Ohio & taxes income Income Gross single payments made $9,000,000; Insurance Completing of $8.90 2,755,231 $3,483,214 payment share offered of income income The companies Annuity Life $350,000; the special a t After per $350,000 Northwestern Insurance General A of year $1.75 of 000; ' 3,023,876 $3,489,092 SI share profits. revenues Operating notes 172, •> ... any —V. ' *$10.93 t$29.58 Fund the Insurance Co., York. B4 outstanding 117,942 133,225 10 Keystone Funds_$219,763,600 $182,756^900 Life Co., McKiernan, 172, Operating $33,045,792 $24 ,529 835 Fund SI Period End. Sept. 30— exps. for Life Insurance 1949 Lighting Co.] Operating Operating exchange America.—V. Vice-President of- the Grayson, Operating See the being are In Metropolitan of Chairman named directors, from five D. dent.—V. 752 395 given the right to subscribe ment John l'o66,S05 651,764 [Including Queens Borough Gas common. insurance which A. Fort company 3 661,738 principal amount of Kaiser Steel first mortgage bonds, 3%%, due 1970. The bond purchasers were: The Prudential Insurance Co. of America, $20,000,000; Metropolitan Life Insurance Co., $20,000,000; New York State of Other 51,768 outstanding realized residents Issued the Co. 1347 Stock Series of be by elected been been Executive as elected Net 764,026 shares issue will held arc has who has Thomas Joint 1533, p. Freimann served been * 1599. industrial financing by private funds in history of the Western States, Henry J. Kaiser on Nov. 1 handed a check for $91,185,990.80 to the RFC in full payment of loans on the corportaion's integrated plant at Fontana, Calif. The First Boston Co'p., manager of the underwriting syndicate, delivered to Kaiser Steel Co. the net proceeds from the sale to the public of S40.000.000 of preferred and common stock. This equity financing consisted of 1,600,000 shares of $25 stated value, 5.84% cumulative preferred stock and 800,000 shares of common stock, marketed in units consisting of one share of preferred and one-half consummation the Ten shares Insurance interest. of New York, 45 Wall St., share had $367 558 of York Kaiser Steel Corp.—Repays Large RFC Loan— At of 1948 share certificates company mortgage Bccrued 172, it 87,203 shares SI approving a proposal to 4% cumulative preferred on of Magnavox Co.—New President Elected— O'Connor so 1, The Terminal Co.—Partial Redemption— Jacksonville purchase Long Island Lighting Co. (& Subs.)—Earnings— excess payment from B4____ assets of from for of $500,000. in not for shares common hid.—V. and tendered not the for value).—V. par 2 $503,647 Fund per vote shares 1234. p. Common net new nently This which 1950, Prudential "Early the proposed plan, if approved, the company will borrow which will be used to purchase and retire preferred shares $1,500,000 the or recap¬ on the Under these 22, the Period End. Sept. 30— 2033, on Nov. 20, for stock (par $100) 1950 B4 of NOTE—The Industries, Inc.—Plans Recap¬ Nov. (EST) preferred of 20 Room company, 3,905.393 1,803,437 per will 14 100,000 Maine Central RR. —Earnings— Logan Clay Products Co.—Offering of Bonds— Co. will Nov. (no the to noon 213,740 payment during Earns, italization 68,365 approved Dec. possible 1949 __ distribution The approxi¬ italization— stockholders of up 1634. p. 1496. p. Jack & Heintz Precision The special Board the Chesapeake & Ohio Ry. the corporation now aggregate of managed the $271,238 Committee. and with 1950 Bond value share per Services, Inc.—New Official— director Chairman within $445,526 172, Series Other Diversified Investors Robert been of ported) outstanding. expansions, additions and improvements to existing plants. the several projects now contemplated by the corporation are trade.—V. $5,000,000 connection shares on stock common income.._ Series "■'After to plant now being built in Florida, and other plant expansions for the production of fine chemicals for sale mostly to the pharmaceutical Co. of a.m. value assets be followed the basis of on of company This distribution would stock then common amount in office 6._ N. Y., income:— of asset plan of financing a underwriters stock. the the common, Sept. 30— Net to 27 further expansion of mining operations, expansion of the large chemical at it of Placed Equipment that the net proceeds from the sale to the cash funds of the corporation added increased as to to common stated, be which to the the Nov. B. and Keystone Custodian Funds, Inc.—Assets IncreaseAs of asset according to Louis Ware, President. number of authorized shares of 800.000 the for Among to at York from oper. Net the from directors the shares common a Mr. stock common of of railway railway.-. Combined held be in and presently outstanding bonds. It is financing of the construction pro¬ received New oper. shares. A Corp.—Plans New will financing new increase to of 200,470 by the payment of and preferred all from Net No. stockholders of common stock for each share of of If series on issuance the Frank or complete railway plan, trustee's the to Chemical & the corporation's common stock is of outstanding, after the company bidding. The 45,000 preferred also From Jan. 1— Gross No. approved by the board of directors, It stock, of an separately or will 11:30 assets 1436. special the be purchase Net Financing and Stock Split-Up— will the 1953. Street, Net It have Macy & Co., Inc.—To Vote on Preferred Issue stockholders be securities September— Gross from railway through sale to retain their class A stock¬ portion preferred certificates, under liquidation get of p. consider will company Ivlalarkcy last April.— 1534. authorize bank the The assets. International Minerals A debt some this ♦Deficit.—V. assets the retirement of former President Herbert (R. H.) The each Kansas, Oklahoma & Gulf Ry.—Earnings— 14. The on about shares, the of SEC an of of 75,000 shares of shares held by International Hydro be dis¬ tributed among preferred stockholders without prejudice to their rights in a further distribution of the company's assets. International holds remaining Nov. of preferred stockholders have asked the SEC to order Bartholomew Brickley, for the and holders Seek Sale of Gatineau Common Stock— the sale either year, the 172, p. Bids Invited for Preferred and Common Stocks— Bids > 1345. p. International Hydro-Electric System—Preferred Stock¬ stock V. Bank the new until grams Rector The sell anticipated railway cpcr. to refunding 1— railway ♦Deficit,—V. A. to B. Malarkey has been elected as President (formerly Exec¬ Vice-President); he has served as chief executive of the company since without sale the Working Co.—New President- Thomas utive 3,384,518 income... Jan. from addition M and M Wood 5 divi¬ $19,514,000. In $2,567,066 from Net such at contemplates company about 1947 railway oper. From Gross 1948 1949 market future that, based upon present estimates of growth of demand for its services, its construction program for the years 1950-1952,, inclusive, may require aggregate expenditures of railway.. Net' from Net. ry. 1950 the in conditions 75,000 shares at competitive will be sold at competitive bidding. 172, International Great Northern RR.—Earnings— from time of the 4%% preferred stock, and the 200,000 shares stock authorized, but with only 45,000 shares as outstanding. Of tne now authorized 1,000.000 shares series The September— each preferred initial 1136. Gross of meeting to authorize the stockholders' a sells ♦Based p. price series of the new the price at which it is to be sold, will be fixed as preferred 82,011 1949 $24,726,993 taxes well as redemption separate series, the company said. If shareholders approve the proposal, Subs.)— 2,763,543 Fedeial outstanding-.- share per the the and by the board at the time of the sale. The action, if approved by the stockholders, will permit the company $0.22 1950 and charges shares at rate preferred, the 347,200 of have dividend the 9 Months Ended Sept. 30— Net to $108,096 income Sept. 30, of assets with the presently authorized 4V2% preferred, voting rights and to have a par value of $100 per share. The .. 1949 $119,777 : (1733) distribution - 1950 share per of Sept. 30— — operating Earnings The Commercial and Financial Chronicle . Certificates Inc.—Earnings— Insuranshares Nine Months Ended Gross . . of this its to to order giving interested until bidding, $20,000,000 of first mortgage issue and sell 428,574 shares of additional American Natural Gas Co., for cash in par value thereof, namely $14 per share, or parent, the persons the bond and common stock under which it is proposed to upon company, competitive and an hearing See V. 172, p. 1534. , r 6 The Cowercial and Financial ,(1734) francs French in. 1. next, 5,3O0,00C Dec. for their or Frs. Yl f 1970.—V. Co. 172, been ' ' letter notification of the SEC with filed was ■ • , Oct. 27 on This covering Co.—Securities Offered—An Gas Light Milwaukee Fo'rgan boitis-'With 3V4V1' a at coupon The from Loeb 100. to a securities and amounting replacement New redemption General ' to from Approved— time to net has Associates, Utilities Eastern of issue system.—V. 172, additional time Oct. on 31 approved Nov. 7,—V. 172, The| group prices assets Shares Net — salmon Oct. 30 on -value share per 171, p. 1359. & The SEC This offering was W debentures the 3'/2s were ferred Sinking fund redemption PROCEEDS—Proceeds OOODOO ef first $3,000,000 ^shares of to of of will of sale be of the applied stock be Vh'it 3% and $6,100,000 of serial 2Vx'/f expansion of facilities and clue notes bank filed 30 Va. of registration a cumulative shares will 1950- BUSINESS—Company is primarily 'sale and of confpany's to engaged the service area distri- tiguous suburbs of West Allis, Wauwatosa, West Milwaukee, Shorewood Whltefish Bay, the communities pf. West Bend. Hartford, Port the without competition from other GIVING TO $1 with mtge. 3%c/'~'skg. Couupon fund (par 'The amount is of bonds the except common' stock, which value thereof 2,224 of the 1/6 all of $25 of issued and Natural stock common Gas at the par value amounts respectively/are of set of of names bonds new forth Corp.—— the Securities mute, (Inc. ( . . the Laurence & M. names the Parker HaiSey, debenture to Interest • & Rollins & Johnson, & V. Graham, The $.1,500,000 and the Illinois to are & 600.000 L. Parsons & Co. $300,000 in 600 000 F. Co. & Weeden & & Co. Co. four W. L. Issued and adopted taken to steps said: "It complete Inc.-. to is split company will 000 and be to this at Oct, 31, of on Oct. 30 common 1950.—V. filed a 172, 195.*, stock the split SEC stock.—V. 172, Oct. on 25 * the of used par bidding. 150,590 320,459 236,932 26,539,292 22,858,996 Payment agents, will to finance retire short-term bank in loans aggregating construction SEC of is the $1,400,- the program years and 1950 to poptemplates ^ex-p&fision of facilities entailing: the $4,351,000' ih I9'50, .$5,213,000 in 1951 $9 804 000 in 1952 -and'$5,842,000 fn 1953/J'The company anticipates that funds sufficient to-meet such expenditures will be provided' for by the issu->and sale of such additional securities the time, and from time to as the company deems time.—v. 172, p. 1346. most 85,229,519 87,776,641 oper._ 2,103,699 24,242.755 21,492,251- '-909,016 570,907 7,422,727 domestic be office the at made 1950 of York, New N. .; 1949 1948 1948 $704,160 $726,479 10,849 141,135 65,480 *39,621 *93,061 30,610 *123,786 5,244,275 5,042,332 6,010,421 6,328,051 income— subsidiary 1— railway— railway 492,080 353,880 315,600 *584,152 *821,744 of its will be used outstanding to Curtis' 48.7% by New and the Oct. on from from ry. value, 172, 746,878 12,081,000 Gross $27,067,695 10,489,000 will Johnsonburg, and common will Milliken & Co.. He and is also from ry. V: It Co., vote Stores approving on from effect to 800,000, oil been new a expend The plant about funds is Inc.— cents Dec. 1, per of proposal a $10 par 20 to cost vote to 1950, on that vote that a if on dissolution negotiations have headed to for and partly from this this a to expansion be dhe 59,182 by completing the on public Nov. by will be derived , 2 its rvmnHr plan a the of company Berdon plans for and Flecfic towns.—V. and Co.. in residents was 172, p. 1635. 1,060,374 806,383 174,975 306,164 185,247 —3 Months Ended— mostly proposes from commemorated is to the Bedford large its of the Sept. 25, last, compared 479. p. of the negotiated final in payment 1945, it its on $40,- announced was makes possible the now holding York New P. will this in Commission, District begin corporation Power will Corp. of on Niagara Mohawk be the for by steps in plans U. SEC the and S. York. when 4 exchanged basis of the for of outstanding common 78/100 share each major accordance- with New Dec. on last the company S. Northern steps Mohawk of made 31 of stock share of stock a of common Hudson. that Nov. on the dissolution of Niagara Hudson Power Power Corp.—Bonds Corp. Upon assets Offered—Mor¬ 1 offered $40,000,000 to 1, 1980 of 27/g% 101J/4 at and general accrued yield Oct. Titree The on other Boston bonds 30, and debt bids were Kuhn, Loeb & Co., First Sept. of neghboring (estimated balance of major on 172, Stanley & Co. headed 18 investment banking firms were: years —9 Months Ended— appioximately 2.81%. The bonds are 1, 1950, and were awarded to the group at competitive sale on Oct. 31 on a bid of 100 631. earnings reofuiremerits (Mass.)'and this of expected dated , 100 1949.—V. was debt for, the stock Oct. on this the stock interest to capital stock of , $106,383,653 26, ;mortgage bonds due Oct. Light Co.—100 Years Old formally New 697,961 its backlog of work Niagara Mohawk and manufactured addition of 3,048,908 will be completed in December, 1950, Mr. Machold stated. -dissolution, Niagara Hudson will transfer all of its remaining and liabilities to Niagara Mohawk Power Corp.—V. 172, p. 937. erection the by Niagara It • going on in p. 194. of the National David of Court Niagara company- is industries 18,519 3,776,876 President, concluding -common gas department. the largest subsidiary of the New England Gas and Electric'Association, and its electric generating plant supplies the electricity for the Cape & Vineyard Electric Co.' and the Plymouth The 69,784 3,413,642 totaled which loan dissolution common the 171, offering of additional . company 42,301 3,768,363 393,443 states Machold, (approved been $1,200,000 equipment. New Bedford Gas & Edison to 100,253 ' unbilled) Elimination and service 1948 $358,439 133,550 income- bank J. gan contemplated 1948 $415,681 S4.012 1,017,401 corporation 000,000 record of authorized is approximately company. RR.—Earnings—■ 1949 $381,828 * 1535. p. company This of common dissolve including company's plant.—V. new paper 162, p. 2517. Niagara Hudson Power Corp.—Pays Bank Loans— to share per the holders resolution details on syndicate for Western the of billings——„ $14,793,294 $19,048,708 The each, split-up cents share manufacturing subsidiary pipeline firm. Control of the $1,000,000 stock 1— with $102,361,374 on Sept. >of reported of preferred not disclosed.—V. Sept. 25,'50 Sept. 26,'49 Sept. 25,'50 Sept. 26,'49 $41,609,365 $56,099,125 Total' Earle a March Curtis Pennsylvania 129.134 \ The of Co., two-for-one a increase an to 80 15 sell the or had an last stated was As were & leaves & paper-making plants Dec. 31, 1949, Curtis held' $432,197 railway— oper. District to York New 1950 railway— 172, to loans Newport News Shipbuilding & Dry Dock Co.—Billings has been Inc., director a Mercantile shares said asked present operates the of Susquehanna income.__ Jan. Net 1535. Nov. its outstanding The Pa. 40% railway—.—— oner, stock of paper supply, railway 11 cm Net $1.98 will payable on Pennsylvania Co. $15,831,817 $2.02 declared p. & Show Decline— quarterly dividend par York refinance to 1949 shares. 30 New and present stockholdings York, Net companies) $16,124,978 York 18 the shares main sour.pe Curtis Gross shares)—— in order outstanding • $6,300,000. Haven of firm. of 1—1— common each, $5 491,366 *837,673 ' corporation, a paper manufacturer con¬ by Curtis Publishing Co., has negotiated a $20,- proceeds From —_____ corporation. Dec. on number , income.— *515,610 Deficit.—V. 172. p. 1347. Lock at Y.— 1,292,167 taxes New 6,496,499 $549,178 1 ■ 80,942 oper. Net , 7,779,771 the ' $621,605 from contracts corporation This for 9,390,998 railway—__ n. from Co., National Video Corp., Chicago, 111.—Expansion— : . the $ 109,268,892 9,749,939 3,067,943 reductipn in the amount of Publishing Ca.„the sole stockholder. 1950 by a Jay Levine.—V. 171, p. 194. Dec. which $ 109,472,274 The Elected— of 1950—9 Mos.—1949 $ 11,494,697 railway Ji ry. The . Pine St., 30 President of Deering, par $10 acquired SEC— value 1950—Month—1949 $7,000,000 six-year bank loan negotiated some time ago and carry¬ ing 2V4% interest and $13,000,000 of first mortgage 3J/4% bonds, dated Oct. 1, 1950, and maturing Oct. 1, 1965. 5,259 24,118,263 income RR.—Earnings— 12,817,882 ry. oper. trolled $2,486,547 571,974. 25,705,275 (on Bank company The Proceeds Haven & Hartford p. loan from the New York Life Insurance Co., Central Uanover Bank & Trust Co. and the Irving Trust This new credit, in two parts, consists of a $2,924,571 fiscal 172, 70,000 Co. 652,609 interest. Co., attempt to lease Transit 1235. registration statement with ' requiremeints.—V. 000,000 —- directors The stock value $1.76 665. dividend $498,340 ' New York & Pennsylvania Co., Inc.—Loan Placed Pri¬ 1438. p. Sept. 30— 1950.—V. 16, liquidation. necessary par $1.04 vately—This covering $2,656,538 be of inclusive, at the 835,738 President, an before ?;tock, without p. eohstruction program bi, tfceicompany desirable with $3,086,376 ' stockholders expenditure 'of ance Net Net has called for redemption on Dec. 1, 1950, through sinking fund, $600,000 of 3% debentures due 1970 at share regular The officers common that Co.—Registers With part the fcompany's for^other corporate purposes' /' ^ the hoped ry. Gross National Transit Pump & Machine Co.—To Dissolve— 300 000 directing the covering 150,000 shares of common stock, without to be. offered for public sale' at icompetitive sale Net The 300 000 - from l'rom which outstanding shares 1,979.337 Minnesota Power & Light The resolution a necessary Chairman, be can 1 take McKnight, legal, steps 31, T9o0. totaled Nov. to Gross 600.000 Inc. 70,000 $0.29 York, Ontario & Western Ry.—Earnings— Net 1947 company. C. H. Forester, on filed — directors the 600,000 Rothschild 70,000 $0.38 income— stock. common ~ stockholders stock Minnesota Mining & Mfg. Co.—Plans Stock Split— company for one." total Family (including A. Turner, Pres¬ T. 439,196 Federal presently NOV. Curtis 1635. directors the of and 1137. 2,000.000, The t Paine, Webber, Jackson Stroud the Turner 1948 wholly-owned City p. increase amount respectively 600,000 The of the Board, National Tea Co.—Plans Stock Split—Increases Div.— 250 000 principal them, by 70,000 share, September— Sulzberger & Otis & Co.—.—, Co. Cb. p. 172, 250 000 The Hemphill, Noyes, —v.- 172, stock the New , receive amounting director a National Space _ $448,055 / 250.000 ' ' purchased Co. Merle-Smith.__ the by will . $29,498,145 for Corp.) 1950—9 Mas—1949 $3,868,637 1347. p. reduce & Facilities outstdg._ from 1,240,724 the Trade $1,287,144 1,153,459 com. oper. 172, 3,471,749 Roger Milliken, elected Bodine___ Inc. ry. 4,720,862 New Director & Townsend, Lane Co., Hallowell 600,000 Dick & used "' -r'- Dairy Products Corp.—Partial Redemptions Net profit Earnings per the Stuart - 1949 charges Provision ; . & Crouter & 172, 443,599 expenses— .2,062,385 (Incl. 500,000 DeHaven purchasers be p. 500 000 __ V. $145,528 revenue. 4,842,202 9 Months Ended 500,000 Co. below: * Blair. 172, the them, & __________ & Co. agreed be company • National Distillers Products Corp.—Earnings— $750,000 & Co._ See 380,737 September— 500 000 & the will The stock.- reserves Co.__ of $1,409,000 and lu51. $ rev. Net 1137. 500.000 1,000,000 of Net be Whiting, Weeks 1,000.000. debentures forth stock capital. common — accrued Dock 1950—3 Mos.—1949 " 2,298,272 V. and $l,4'»f;,000 1950 1951, 1, $151,463 preferred 3,138,866 company and York $1,264,626 Period End. Sept. 30— —V. supplied be to are 1 This 1,000.000 The set Davis & Redpath 1,500,000 1,500,000 Co. terms 1235. p. operation of stock Bacon, Whipple & Co._ 8ons__ Marks 172, National recognition by 1, 1, Co.—Earnings— New —_ shs. per 6,475,981 Sachs Putnam Inc Burr, H. Bache 1,500,000 Brown shares 4V2 and to* in will Nov. due Nov. 1,351,466 — Goldman, stock Dock interest, etc.—— income—_ but common Nov. on due 124- income— Ry.-oper. Ry. oper. If railway oper. all purchased Auchincloss, ' — ... . of income 102% purchasers be preferred of was railway—— par ' Stubbs — & Paul Co. Pressprich & Co. Shields & Co Alex. bond to the common raiUvay____ the In of A. $4,137,570 2,287,764 1,849,806 f 1950 of common shares from —V. out¬ 3,100,000 ,, W. Coffin of shares at (holder company). agreed 3,100,000 Corp.-,— Hall & cash the notification oper. ry. indenture. 3,100,000 . Weld & Co Harris, for retire to bond.;, series B, 1,601,514 , Earnings from operations after depreciation and 3,100,000 Goldman, Sachs & Co._ WebSter. be issued u.,ed b;md!-v .-cries New York, New Jan. 1— Net below: Kidder. Peabody & Co. $3,100,000 Equitable Securities Stone & be be .. common Chairman railway from Net thereof. UNDERWRITERS—The principal time anv must: nnolicab'.e Co. preemptive rights, minority holders the onportunity to purchase the 409 for cash of the sold their given R. bonds privately 2,267,123 par' stock, value. The pre¬ and the common par preferred underwriting working , ry. From 6,000.000 at may in share one approximately 33% 6,000 from Gross tl,613,526 shs. - ) 1 Privately an institu¬ 698,017 2 of from * 409. shares -by- minority holdersnof' the'fcomin addition to the 250,000 shares of common American shares which additional contained company, has to $6,000,000 own ■ Gross $27,000,000 2,000,000 shs. series that above Net Outstanding * „ restrictions tAnsumjfig purchase ,of pany's 1975 $12)__ unlimited accordance with stook due debs., due Nov. 1, 1970 stock standing bonds with placed the Nashville, Chattanooga & St. Louis Ry.—Earnings— FINANCING Authorized 3 '/aM -first of sale Nov. Net PRESENT of its sale of September— utilities. gas EFFECT and sale the Turner, will ...V; •; Wushington, Cedarburg, Moncmonee Falls and Fox Point, which are at to 23 miles from the city limits of Milwaukee. Popula¬ tion of the territory served is estimated at 815.000, and the company CAPITALIZATION ' 589,127 "Earns, sold only in multiples of two. Scott, Horner Lynchburg,-is named as principal underwriter. price increase the letter A distances of 2 is 1949, an 31, 732,426 Net by Bacon, Whipple & Co., Chicago, 111., at $14.75 per share, with a dealer's concession of 60 cents per share. The offering was completed. gas, having recently converted its system natural'gas. It also sells gas applances. The includes the city- of Milwaukee and the con¬ and at Dec. has 5(1 — Common Nachman Corp. — Secondary Offering—A secondary offering of 6,000 shares of common stock (par $10) was provide company's purchase, Total' $4,350,000 will York "After statement • from W. made in $2,971,465 382. p. 1950, profits), 532,200 From natural froTjn* manufactured 30, 14%. some Placed revenues Taxes, be of proceeds from the ident, treasury for expenditures made for this purpose. butlbft with 172, Sept. unrealized Expenses maturing to compared at as and g.ia oi Net , cumulative the will Inc., to company no After used consisting of offering Proceeds of Lawson 7% of be and 665 Revenues Registers — preferred stock, common amendment. the notes Fund realized Water Co.—Securities 5%>% mortgage New Exchange Commission— shares units, Mason, public $27,- to proceeds morgave first PP. $13.90 being offered for sale by the company Units and redemption 1967; in The additional maturing loan reimburse to and the to series offered by minimum a Rochelle investor of Dec. 31,'49 $1,703,130 $14.42 Lynchburg, shares of 5% 32,000 is Inc., Oct. on 144,000 .common. par. 250,000 follows: as bonds, to debentures with sale "of prior 1951; to the redemption of 20,000 stock, series A, and the balance funds'-for 101.32% together the first to'the payment ApYil 27. preferred the from run bonds, from mortgage $4,050,000 of 2%% of payment 19J0; stock, common $13,334,000 from mortgage received be prices this cf both 20'' .—V. Period End. Sept. 30— is being offered by the present holders thereof. According to the prospectus, the preferred and common stocks are . paj.v,. from first mortgage 3%% bonds, 15, 1980, and $1,550,000 4V4% sinking fund debentures, due Nov. 1, 1970. 122,543 1- _ Industries, covering and Kidder, Peabody & Co., 100.691; Glore,- Forgan & Co. and Lehman Brothers (jointly), IOOa3099, and Kuhn, Loeb & Co. and Smith, Barney & Co. (jointly), 100.02. Harriman Ripley & Co., Inc., bid 100.537 for a 3s/a% rate. The debentures are redeemable at prices ranging from 104,38% to as $3,562,433 almost of company stock bids for proceeds 1535. p. '* ' corporation value, qditkly completed and the books closed. Other share per reflected tional The 115,747 L_ With Securities and and accrued interest. bid of 100.381%. a of assets first' Sept. 30/50 $1,669,097 —— outstanding asset N deben-; award of the debentures at competitive won with notes series A, due Sept. 1438. p. As of— > —V. 1970 at 101%% 172, total of $22,510,000 of the companies contem¬ a of certain of the all cr See also V. (which (Including Concurrently, Halsey, Stuart & Co. Inc. and associates tures, due Nov. 1, outstanding 1950, 31, part value asset —The Mutual Fund of Boston Inc.—Asset Value— . Oct. 31 offered $6,000,000 3%% sinking fund Dec. of with $15.33 at the end of 1949—a New , on authorization England Fund—Net Asset Value Higher— net increase proposal tp, change egch g SEC un¬ 1534. p. have now to financing. $17.48 compared present..share of common stock, no par value, into' two shares of stock, par $5. It is contemplated that the filing an to the company's articles of incorporation will be made funds or subsidiary a authorization stockholders Smith, Co.; & Prior retirement to The Loans Subsidiaries Au¬ received 1950. companies the common Net for 101.31 from 104.31 to 100. Monsanto has cash 12 — have amendment 100.25394, and Glore, 100.17. Bids for the Stuart & Co. Inc., 101.826, 100.859. the sinking Inc., redeemable are ranging prices range Kuhn, were: Halsey, were: Ripley & Co., bonds new 3Va& as and C stock 6.6-to-l ratio of 1534. p. System System preference of Murray Ohio Mfg. Co.—Split-Up Approved— and Blyth & Co., Inc. (jointly», and Lehman Brothers (Jointly), and Harriman The bonds the share. a liabilities 172, shares 150,000 Electric Co.—Bank SEC Associates is¬ on for bids & Co., & Co. of 12 notes. plate 2% promissory notes in an amount not exceeding $3,800,009. proceeds from the said borrowing will be used to finance Montaup's construction requirements. The declaration indicates that Montaup considers its note borrowings, as proposed and as outstanoing as temporary pending permanent financing by the Eastern Utilities 1*175, was offered publicly on Oct. 31 by a banking group Kidder, Peabody & Co. at 101.305 and accrued interest to yield 3.05%. The group was awarded this issue Oct. 30 on a bid of 100.591. Other The The headed by Barney the end secured 3%% first mortgage bonds, due Nov. 1, of $27,000,000 to company, received shares of capital stock (no par valuei to be' offered on the New York Curb Exchange at the market price, without underwriting. The proceeds are to go to Baldwin Locomotive Works', the selling stockholder.—V. 170. p. 108. sue dividend of $3.85 Montaup not exceeding 6,650 but to March this of their bank borrowings in the aggregate amount ox $14,through the issuance of bank notes from time to time prior to ' - With SEC— Midvale Co., Philadelphia, Pa—Filing tip a assets in Monday, November 6, 1950 . . increase was " . A carrying subsidiaries permanent sold $55,000,000.—V. 1438. I » has York New of p. to 1, agent. company England Electric Twelve bank current corpo¬ bonds, Trust States 1, Nov. on Dec. on outstanding 125,000 shares of the company's series B preference stock. The Guaranty Trust Co., of New York, is redemption and The appointed United Sept. business lot by leave Appointed— trustee and paying, agent of $1,500,000 first mortgage 3%% T^e rate due redemption 455,000 conversion MidSouth Gas Co.—Trustee $104 the close of for 1950. Shareholders exercising the conversion privilege may exchange each share of preference stock for 1.739 shares of common. The call will 1263. p. 124,760 is called 25 . thorized to Increase Bank Loans— 5, shares of series B preference stock. The per share. The call will apply to stock¬ Oct. on holders of record at 1, 1960. Payment will be maae at the of J. P. Morgan & Co. Incorporated, 23 Wall St., New York; The call was issued by the French National Rys. Co.—V. 171, office directors 1950, a total of redemption price at par, of 4% due Dec. series, foreign bonds, IN. redemption on dollar equivalent, called been have There The New Chemical Co.—Partial Redemption— Monsanto Midi RR. Co. (Compagnie des Chemins de Fer du Midi) —Partial Redemption— Chronicle will 1951 after to be at and PROCEEDS—Proceeds '■ ether 0/ funds bank loans construction of the at naming Halsey, during 2%% a Stuart & Co. after the decreasing The coupon. Inc.; These 100.328; bonds at 101 Vi Oct. 1, 12 months prices are also and at period thereafter ending to redeemable decreasing 100% for the, prices 1979. from the sale of the bonds, together with will be used to repay $20,000,000 during 1950 in connection with the company's to finance in part the company's 1950-51 company, (obtained program; and initially, on also 100.4099; 100.169. 1979.. 1, fund 100% received; redeemable 104.V4 Oct. retirement thereafter Corp., Volume 172 construction of the first .Number 4957 and program, $15,689,000 and BUSINESS—Corporation business through tion in engaged 10, Falls 1951, Power all Peninsular Telephone 3'/*% Carl 1966, the electric and sale utility gas is about Mohawk Niagara 1950, 100% to institutions for investment. & Co. and also in operates Power Ontario, organized was such The in January, companies: Buffalo as Mohawk Power Corp. The company July, 1937, upon the consolidation of Niagara as in organized number a public in an having area total population a continuing PROGRAM—The company's construction GIVING EFFECT TO PRESENT Authorized 23/<% 27/a % 1974 due series due series Buffalo series to require series Y. N. first 1, 40,000,000 40,000,000 56,360,000 48,785,000 1980 refunding bonds Pfd. due for 879,000 1957 value; 3,214,000 cumul.) 1,993,000 350,000 shs. 3.90% series 240,000 shs. 240,000 shs. valued par 1,921,127 shs. underwriters named below have to aggregate purchase, and the company has agreed to sell in the respective amounts set forth below, an $40,000,000 principal amount of bonds: Morgan Stanley & Co.__$5,150,000 W. Baird & Co., Hamlin Robert Inc. Co., & Inc Bonbright B. : Co. Lunt— & Harriman 500,000 5,100,000 „ of $150,000 „ 3,600,000 (Inc.) from Net ry. W. E. Hutton & Co 1,500,000 3,000,000 Gross Moseley <fc Co Smith, Barney & Co 2,000,000 Net-from 2,600,000 Net Goldman, Sachs <fe Co.__ 3,600,000 Co <fc 1,500,000 F. S. 1635. All 396,571 additional shares of common stock (par $8) $28 per share, it was announced on Oct. 30 after the expiration of the warrants. The offering was underwrit¬ at headed by Lehman Brothers and Bear, group Stearns & Co. Walter stock to H. to President, on Nov. stockholders it common shares of common 606,285 Rights for 365,479 shares, were Proceeds the of sale for needed estimated the the issue that V. see recent its total rights only 7.8%, , used The the from Net ry. provide portion of a which program 1950, years 172, pp. 1439 and is 1535. Gas Co.—Listing Governors of the York New Curb covering 1.000 ployees at par filed a shares of common ($100 per Exchange Nov. on letter of Power stock to Kalman the result a of of full The Gross from Net ry. nancing Wright, offered with to Placed the SEC of 20 its the amount of Gross will *pay additional off $3,000,000 construction.—V. 1954. This of total company's to 800,000 postwar kilowatts of the provision stockholders The the stock, par holders as on issuance Nov. of said that of bank 172, p. con¬ the loans proceeds the from fi¬ and provide funds for net ',J The announced program today, is V. . . construction . will will Gold, The R. vote on shares of approving 4% proposal a cumulative to preferred common Oct. on 23. See V. came 171, p. covering effective take-care program will have 1949 1948 on 1,983,295 28,384,965- 46,364,631 Net asset shares April 10, 1950, of was $370,338 value per 1949 1948 : common withdrawn $204,967 8,141 $28.71 $25.18 By Oct. 21. 1950, the net asset value per share has risen to $29,13.— V. 171, p. 1787. Oct. 23 filed on a letter of notification with the SEC insurance company. office located is in Salt City, Lake Utah.—V. 153, three time $1,185,265 117,366 *137,330 ' 9,243,566 -899,866 *3,357,583 *1,949,555 & received Co.—Stock Gas Offered— and stock.—V. 172, cumu¬ As v of Net road Net Sept. 30,'50 June 30,*50 $41,885,000 $37,995,900 1 172, value 2,476,899 switching locomotives estimated to cost $2,705,455, & are Co.,. and McMaster A simple accurate described Called five a 5,370,794 4,314,649 sh. $2.15 $1.76 com. Oct. on "tristimulus and the is light a R. W, Pressprich Hutchinson & Co. Sell — Adams, to building, leased President, 2 Nov. on from & Net from Net ry. has Issued also to New $156,102,102 $128,457,105 *9,963,872 $4.00 8,012,611 $3.26 of announced years.—V. 172, p. Realty from this Life term of 30 Insurance Co, its Placed Privately—See per covering without on Decj 1, next, for account Douglas Vought and Clayton McElroy, Jr., Oct. 25 filed a registration statement with the voting trust certificates for 1,780 shares of common Roosevelt, on • or par instanta¬ 1948 1947 $9,440,135 2,703,848 1,609,041 1,284,832 763,763 1,387,417 649,319 85,715,997 84,084,722 96,060,445 85,002,177 18,294,871 14,354,442 20,805,920 19,205,858 9,283,580 6,878,818 10,402,820 8,861,251 Manufacturing President, this of share."—V. the year 171, Co.—Reports Record Earnings Nov. on from from ry, From Gross —V. Potomac RR.—Earnings 1948 1949 1948 $1,530,196 $1,796,867 railway-.. 715,724 243,751 347,281 $1,704,512 197,520 328,570 47,133 121,956 7,445 17,338,549 17,135,412 5,887,640 2,758,653 2,415,819 532,690 19,711,243 5,192,915 2,087,930 18,119,637 5,096,243 1,919,957 from from ry. & 1950 $1,864,259 Jan. Net "for the first record earnings of that reported railway oper. Net announced 1 company 2404, p. income— 1— railway railway oper. income 172, p. 1237. The company on Oct. 24 covering 2,000 shares of 6% filed a letter of preferred la.—Files— with the SEC ($100 The proceeds will be used notification stock to be offered at par share) through Quail & Co., Davenport. increase working capital.—V. 169, p. 11. Co.—Partial Redemption— City—Registers With Exchange Commission— nominal an $11,449,139 Richmond, Fredericksburg Gross per Pine & 48th Street Corp., N. Y. stock, 1949 River Valley Finance Co., Davenport, Northern Ry. gives color 1,523,417 income months 33.39 company the Adams the Phillips Realty firm sinking fund, $35,000 of first mortgage bonds, 3%% series due 1966, at 100 and accrued interest. Payment will be made at the Guaranty Trust Co, of New York, 140 Broadway, New York 15, N. Y.—V. 170, p. 2066. E. and only simulta¬ 1237. Rheem, Net that 1, trustees, basic $8,132,243 railway oper. S. nine 1636, Co.—Bonds uses It three 2,834,742 income— 172, p. Net the George study instrument shoe-box. the a of- $10,797,612 railway Rheem to Securities and new sinking fund bonds payable $12,000,000 first mortgage and leasehold 3% Phillips time enables quick direct light source, 1636. 1950 railway oper. ry, 43V4%. Realty to Subsidiary, York strength under sources p. railway from Net the power plant and related facilities and Hotel all located in Bartlesville, Okla. The these properties to Phillips Petroleum Co. for a and a From Jan. 1— Co.— its wholly-owned subsidiary, Phillips Realty Co. larger no relative September— —V, giving effect to the prevailing Federal tax rate 2,331,544 shares outstanding.—V. 172, p. 933. Petroleum first than the in the photometer," tubes reading,—V. 172, neous for coming from 26. determines components which of color measurement electron neously 1950—3 Mos.—1949 1950—6 Mos.—1949 $78,284,964 $63,374,586 $152,679,948 $125,086,165 1,958,192 1,671,926 3,422,154 3,366,942 $80,243,156 $65,046,512 instrument, new and was Gross (est.)— per S. SEC $15.60 Radio Corporation of America—New Electronic Device Color Measurement— on sold voting 2,436,114 $16.91 share per 1636. p. Reading Co.—Earnings- Diesel seven switching locomotives, the underwriting group sales Apartment of approval of the Indiana P. S. and 330. outstanding asset Gross by of Freeman Sept. 30— Phillips Dec. of Putnam Fund of Boston—Asset Value— assets Shares Hutzler, & Which Sells Bonds to Insurance Firm— 25 type majority of the outstanding cumulative preferred a pp. 383 of— —V. of 99.114 from Salomon Bros. secured are sales "After in permanent more a than (George) Southern Oct. 30 publicly offered at par ($100 per was Co.; income years take *1,260,220 573. p. fBased to 31, Commission 9,027,792 195,630 their bid of 99.1286. on members tEarns. to it bank The issue of the notes is subject to the - 7,389;778 *1,398,064 Eastern & Diesel Otis Total favorable as it may deem that capital funds advantage from company - enable the R. Net will and conditions of the assures needed 1953, and thereafter to maturity at not less than 21/a% nor 23/*%. Participating banks are The Chase National Bank City of New York; Continental Illinois National-Bank & Trust Co. of Chicago; The First National Bank of Chicago; Harris Trust «Se Savings Bank,- Chicago; The Indiana National Bank of Indianapolis, American National Bank at Indianapolis; Merchants' National Bank of Indianapolis, and The Indiana Trust Co. 82,458 *164,193 •'if agreement as borrowings will be evidenced by promissory notes matur¬ ing Dec, 31, 1955. Such notes will bear interest at the rate of 2Va% to $1,023,780 *76,850 time to The of 3,340,974 & on certificates 14 years. financing. more $824,905 " been gate of $40,000,000, at such times and in such amounts 1947 '*313,189 This company has called for redemption 12,901 share 1,291,027 869,770 1347. p. Gallagher stated that, on the basis of current price levels and considering the probable effect of defense demands on manpower and materials, the construction program of the company will require the expenditure of approximately $90,600,000 during the period from July 1, 1950 to Dec. 31, 1953. The company estimates that in order to carry out the construction program it will be required, during the period prior to Dec. 31, 1953, to obtain additional funds of approximately $40,000,000 through the issue of securities. The bank credit agreement provides that during the next three years the company may borrow funds up to an aggre¬ 24,169,778 Statement Sept. 30,'50 June 30,50 assets Shares outstanding 5,031,824 Mr, 1947 Pell, De Vegh Muitual Fund, Inc.—Asset Value— Net 6,489,100 2,245,789 1,453,815 company's next through: 1954, similar coupon. a Domestic 172, 1571. As of— 938,579 Gallagher, President, on Oct. 31 announced that arrangements completed with eight New York, Chicago and "Indianapolis banks whereby bank credit in the aggregate amount of $40,000,000 will be available for the company's construction program over the, 1347. 172, p. Export sales stock¬ basis.—V. Ltd.—Registration statement Sl», which 1*298,668 A. had .. 7,079,376 *1,359,232 Income Piedmont & registration (par 5,890,207 1,459,027 1,025,782 income Public Service Co. of Indiana, Inc.—Arranges $40,000,- proceeds are to be used to make advances to subsidiaries expenditures and for additional working capital.—V. 172, Per. End. Withdrawn— stock 6,273,297 railway Facilitates for 172, has $10. which the directors propose to issue to a stock distribution on a share-for-share American 75,523 000 Bank Credit— have Phillips Petroleum Co. above. Pan 164,184 railway Net 198. p. 100,739 404, the PP&L's new Sunbury plant in early scheduled to go in service there in is <' ■ railway..— other bid One also K. Corp.—Plans Preferred Issue—To 15 134,209 company activate p. capacity Ry.—Equipment Trust Certificates Stuart & Co. Inc. and associates on Nov. 2 offered $2,025,000 of 2%% equipment trust certifi¬ cates maturing annually Nov. 15, 1951 to 1965, inclusive at prices to yield from 1.90% to 3%. Issued under the Philadelphia Plan, the certificates are being offered sub¬ ject to approval of the ICC. The group was awarded the 1636. 1,374.007 112,952 September— Pay Stock Dividend— authorize $576,307 271,474 covering *300,000 shares of common stock to be offered at $1 per share, without underwriting. The proceeds are for capital and surplus to 1945-54. The com¬ through its postwar . 1948 $763,037 126,162 Producers Finance Co. of Utah—Files With SEC— nine years halfway 1949 $610,590 201,434 1— oper. 172, The additional *139,308 railway capital had Pacific Western Oil from from ry. 1948 1950- $828,562 — income— Jan, Net $76,100,000 em¬ Privately—An accordance with President, 415,075 railway railway oper. From of the purchase agreement. C. 603,312 chgs 1237. from Net con¬ 1636. Other Co., Inc., it was announced on Oct. 27. Part of these bonds ($3,000,000) have been issued and the Thomas fxd. $30,499,570 $30,833,176 6,188,265 4,264,104 295,712 5,847,481 5,192,031 260,907 4,483,458 4,004,724 $2,720,567 75,911 759,332 income after 1950—9 Mos.—1949 1950—Month—1949 $3,877,982 effect ,116,017 income oper. The & in 365,917 opers. ry. oper. 172, p. —V. Philip Morris & Co., Ltd., Inc.—Earnings— Co.—Bonds balance will be issued as realization end the 1950 $976,537 railway from ry. Co.; notification be 801,782 270,166 Pittsburgh & West Virginia Ry.—Earnings- the of lative preferred stock, series C. 1 issu¬ issue of $5,000,000 first mortgage bonds, 2.85% series of 1980, has been placed privately at 100% with The New York Life Insurance Co. through Glore, Forgan & Co. and the to 4^,420,729 railway Bioren & Co. share). Tail Otter 23 2,396,119 4.28,866 323.404 revenues— from necessary. The will be available Pennsylvania Chicago, 111.—Files With SEC— Oct, 1,843,721 630.920 479,229 1,680,006 527.033 September— 661,262,313 660,439,856 741,008,475 666,356,824 106,032,013 93,702,487 119,812,806 86,277,777 income—;. Deficit.—V. and on inc. —V. $82,262,288 $66,116,482 $87,398,847 $75,713,670 16,490,297 7,013,919 19,534,287 7,495,199 6,724,735 606,994 10,532,548 1,084,334 — income certificates company ry. Net approxi¬ Offered—Halsey, Authorized— the listing of 32,300 additional $15 par common shares against the acquisition of other securities.—V, 172, p. 1535. Osco Drug Inc., in 1950 oper. from Net and 1951 approved The position greater than at $76,000,000 From Jan. 1— Gross p. Natural of Board Net from 2307. share) and accrued dividends 1,850 shares of 6^% to The corporation on Oct. 25 filed a letter of notification with the SEC covering 200.000 shares of capital stock to be offered at par ($1 per fihare), without underwriting. The proceeds are to be used for working capital.—V, 171, p. 1184. able rev. of railway— from Gross subscribe, to 31,092 shares, or Prospectors, Inc., Mineral Wells, Tex.—Files— Oklahoma and close more railway Peoria Oil earnings construction kw. railway oper. Net * for the oper. ' for details has September— subscriptions subscription.' construction $72,000,000 in 1952. For this grown 171, p. Net Oct. received had the be will company's approximately at of 92.2% or said 1 152.97s or said, leaving over-subscription. on from funds stock, Mr. Sammis exercised, for allotment In year. have oper. aggregated period the have Pennsylvania, Reading, Seashore Lines—Earnings— Net Sammis, offering will will 172, p. 1636. Subscribed For—Holders of a current program completed be completion from ry. —V. Co.—Stock 42,106 Pittsburgh & Lake Erie RR.—Earnings— From Jan, 1— of subscription warrants issued to common stockholders of record Oct. 11 have subscribed for the entire offering by the more and railway Lee Higginson Corp ten now the to from Net Hemphill,Noyes,Graham, Parsons 63,489 12,176 -- 1,907,012 Income Period End. Sept. 30— Pennsylvania ItR.—Earnings— Gross 500,000 1,300,000 Ohio Edison 1946 150,000.—V. sales September— 2,000,000 Hayden, Miller <fc Co ■ 1948 $212,233 172, p. 1347. Ry. the require approximately $24,000,000 of new capital to be raised through the sale of securities, Mr. Oakes said. Cash on hand plus that available from Internal sources will provide the remaining $52,100,000.—V. 172, p. 111. Harris, Hall & Company , railway railway oper. tele¬ will company 3,600,000 p. Jan. served improved was in finance To 3,600,000 Co.— 172, of construction 125,000 Upon Drexel —V. end power program kw. Richard W. Clarke Corp. Dominick Dominick <fc —V. Ripley & Co., Inc. 150,000 150,000 Glore, Forgan <fc Co bonds additional in these further additions, PP&L approximately 1,000,000 kw. available and will be able to of electric power demands one-third larger present and adequate reserves. / severally them sev¬ agreed to & 1, stations sees said, while 1953. 7,481,422 shs. erally, George D. since , UNDERWRITERS—The Blyth investment period from Oct.- 1, 1950 construction will raise he 1951 1,921,127 shs. 11,094,662 shs. value)— par the 100,000 200,000 shs. (without E. Included 1,200,000 shs. 350,000 shs. (without $4,626,000 7,405 , ' 60,876 available. series stock the plant operation and other system improvements. " Oakes, President, announced continuation of the com¬ expansion 3.60% stock the in postwar pany, 5% mortgage • redeemable)___ (not retire company's struction figure to $200 million for 879,000 . (predecessor) & extension (SlOO.par to Sunbury planned (not 1951 company pany's 200,000 shs. A at increases new Chas. mortgage bonds, series Class the property telephone tinued 3.40% Common that and This of 1975 Electric Co. due stock of used 24,450 . 1948 $252,712 - under general Pennsylvania Power & Light Co.—Expansion Program bonds, mortgage bonds mortgage & plant been 9,655 1— from from following offices of Brown Brothers Harriman «k Co.: 1531 Walnut St., Philadelphia 2, Pa.; 59 Wall St., New York 5, N. Y.; 10 Post Office Square, Boston 9, Mass.—V. 172, p. 1138. 40,000,000 47,785,000 Oct. Jan. ry. 1949 $129,338 39,815 income oper. Net .1950 railway Net 40,000,000 redeemable) Gas and for any Syracuse Lighting Co. (predecessor! 5% Utica being created at this corporation has called for redemption on Dec. 1, next, $100,000 of first mortgage 3y2% sinking fund bonds, maturing June 1, 1960, at 101 W/o and accrued interest. Payment will be made at $48,000,000 1975 due mortgage new Pennsylvania Glass Sand Corp.—Partial Redemption— Outstanding $48,000,000 1980 Power first York 23i% ry. From This FINANCING 56,360,000 1, first due Net Unlimited of Central Jan. due Niagara 2%% New bonds: mortgage series a - $234,735 program in 1950 and about $52,328,000 in 1951. CAPITALIZATION from the former first mortgage. The corporate purposes, particularly in company's expansion program in the ten counties in around Tampa in which it operates. estimated number anticipated that, through 1951, the company's con¬ struction program will necessitate not more than $35,000,000 of addi¬ tional debt or equity financing, including short-term bank loans. 3% by series used $15,000,000 over presently General two the in is phone of approxi¬ required about $66.800;000 in 1948-1949 and is expected about $39,190,000 is secured mately 84,000 to approximately CONSTRUCTION It be proceeds have be will Florida mately 2,810,000. has the in It the will balance of Net Net of outstanding originally was Niagara Mohawk Power Corp. owns and operates 73 hydro-electric plants and 7 steam-electric plants in New York State and gives electric to agents for the as 7 Pittsburg & Shawmut RR.—Earnings— September— from railway— Gross Gross bonds Part predecessors. service Coggeshall & Hicks acted time. of three 'constituent" Niagara Electric Corp., Central New York Power Corp., and New York Power & Light Corp.. with Central New York surviving the consoli¬ dation and Morgan Stanley company. Corp. consolidation upon of at State expected to $52,328,000 in 3951. program Co.—Bonds Placed Privately— Brorein, President, on Nov. 2, announced the $8,500,000 first mortgage 2%% bonds due 1980 D, subsidiary companies. The company's construc¬ require abcut $39,190,000 in 1950 and electric two Jan. Niagara duC (1-735) Canada, York New in or of bonds is about on amount mortgage fit The Commercial and Financial Chronicle . redeem to principal refunding . . value. Rochester was Telephone announced on Corp.—Stock Nov. 1 that under stockholders of record Oct. 13 an Subscriptions—It offer to common of 125,000 shares of com¬ stock, 105,365 shares, or over 84%, were subscribed. Rights expired on Oct. 31. The First Boston Corp., as representative of the underwriters, expects to make* an mon offering of unsubscribed shares at $11.50 per share, less a concession of 30 cents per share to dealers. The offer¬ ing will be made subject to clearance of a post effective amendment by the SEC. See offering in V. 172, p. 1536. .'(1736) e The Commercial and Financial Chronicle Rutland RR.—Earnings— September— Gross * * from Ket ry. railway-^railway from Wet $491,517 10,793 .. '■ 1947 - $591,663 . 60,801 11,517 58,167 ; 1948 1949 ' $527,710 income— oper. Southern Pacific 1950 Gross $511,727 98,091 40,868 Net from *6,347 Net ry. .oper. Wet from 4,774.425 4,271,194 from Wet ry. 4,223,923 railway 4,093,210 37,317 312,592 income oper. 172, 19,500,330 10,182,355 9,536,115 9,171,714 railway 4,135,621 3,856,873 income v *61.956 Net railway— from 93,32C •530,144 Net ry. -- 91,699,691 33,210,020 income oper. Wet from Wet ry. Wet $257,247 272,465 136,187 88,122 railway-.,-.-' income... oper, From Gross 1949 $467 374 railway.™. Jan. from ' 1— from ' , railway 9,733 *11,625 expenses. 37,203,213 Net 1.409,202 oper. from ry. 24,398,993 34,116,864 320,724,113 317,889,376 13,793,115 116.582,487 83,404,271 *Net ry. opers. 44,747 *136,649 *372,'<00 non-operating income items.—V. *104,140 *177,960 *345,679 8EC corporation covering $100) be to cumulative Nov. on filed 2 registration a from Gross Safeway Stores, Inc.—Registers With SEC— Net statement with Net the shares of 4% cumulative preferred stock (par exchange for 182,513 outstanding shares of 5% stock (par $1001 on basis of 1 1/0 shares of 4% from in ry. income oper. preferred From Jan.l— ' Gross Net from Net preferred stock plus 30 cents per share in cash tor each share of 5% preferred stock, with a cash adjustment for fractions. Merrill Lynch, Fierce, Fenner & Beane, New York, has been named as principal underwriter.—V. 172, from ry, -V. * 172, 1949 1947 1948 September— Gross from Wet from Wet ry. 1,493,037 2,333,054 2,089,800 from Net ry. 1.533,212 1,551,513 1,559,291 81,674,346 76.197,827 83.067,271 . 1349 and 75,252,810 19,004,713 , 13,705,678. 15,588,773 14,749,861 6,519,123 .8,056,493 6,935,634 650.498 21,553,003 14,825,936 20,230,125 railway 9,475,532 income The } OF EARNINGS SYSTEM , (Excluding Alabama, Period End. Sept. 30— Total oper. and after conting., 172, —V. fxd. RR. Co.) mission 1950—9 Mos.—1949 1,208,110 1,159,657 6,105,383 3,188,810 the September— from 1950 1949 $351,299 railway ; RR.—Earnings— $234,988 1948 1948 $233,491 $253,774 153 ihto . ' Net from Net ry. railway 83,133 oper. 1— *16,883 *25,117 14,733 income— Jan. *69,354 *130,380 • class A Gross from Net from Net ry. railway.._. 2,804,516 ' 2,550,581 183,476 income— 264,433 87,192 *472,727 , *348,614 *592,333 *509,540 nate Nov. Seaboard Air Line RR.—Earningsfrom Net from Net ry. , Oct. 30, 1948 $10,615,820 $8,896,526 $9,966,656 $8,567,911 3,074,214 railway 1,679,189 808,263 2,115,183 1,158,455 John 1,003,553 340,948 elected 92,602,966 99,854,481 88,367,727 17,603,856 22,003,677 16,878,088 8,018,086 10,480,358 6,741,885 1947 1,427,722 , From Jan. 1— Gross v from railway—" 98,404.423 Net from railway 25,100.485 Net ry. oper. income 11,720,044 —V. 172, p. 1237. F. Net income Number after $1,167,979 811.559 810:562 805.835 $1.53 $1.35 share per —V. 172, $1,093,272 shares capital Earnings to, be 1948 $1,237,996 taxes—.—. p. 938, corporation Oct. on •SEC covering 125,000 rtock, $10 par value; "nd shares 125,000 conversion F. S. of the Moselev underwriter. -fco.be The & company "ontinue the .$1.45 Mr. Skiles' i-s at its it Boston, value, par $1 with • the conducted stock common certain and sole oil for assumed certain stockholder E. in consideration leases and of sale upon of the shares of 76,686 class of Olore, caused vacancy trust, filed used Net sales Costs A common by the death of been Net Earns, letter a for Mass.—Files With with the 172, notes the and balance will added be to working 25,195,771 19,880,088 268,138 1,478,000 792,689 $759,643 $28,714,110 $21,966,112 $437,488 36.448 share__ $2.10 1950 made from . rate of $1,293,335 109,533 $1.27 at $2,040,339 ___T . _______ $5.61 , 42%, —V. 172, $3.76 575. p. Net The preparing to-file a financing program with the '~1C, Christopher T. Chenery, Chairman of the Board, announced on rTov. X. The financing is expected to comprise $17,500,090 of 20-year "irst mortgage pipeline bonds and 155,546 shares of additional comThe bonds be for The to are offered (hare sold be at for competitive subscription ten has not company Sale of for the new by stockholders the to will FPC necessity, A part made and stock in for authorizing date record a additions of be and in new the the stock ratio - t of shares. Stone dicate the stock provide -permanent financing properties. The ma lor portion of to with the company's construction, of the cost of such additions has been A by This 100.73% of the principal amount fnterest will be made by The Chase., National Exchange Place, New York, N. Y.( L»ne Co. snares) The ail upon of Oct. on acquire the MeCone and The SEC hearing of 31 stock the payment of Pinemont the an Gas* and Bank, due Co., Inc„ accrued trustee There 43 SEC an Coastal sum owned application of by Ccastal upon given interested the 1, Oct. own persons and 277,954 *112,081. 69,498 White, announced preferred that Weld the & 25 on have them been N. Y.—V. underwriting V. 172, p. 1675. see cents share per Oct. 25 be to paid President, contingent the on of the common has stock common Dec. 15 announced. to holders He declared was of added p. 172, until p. Nov. 1537. g 1950 (37,500 A to Pacific called 102'/a % for and redemption accrued Cost plan for > Co. been-announced. through an request are . urged by the with the Indiana with exchange Int. 756, p. 1950—9 Mos.—1949 v.. g 8.505,080 6,472,958 209,997,263 148,229,430 545,360,843 440,996,685 103.219,127 8.048,592 6,768,037 24,522,149 1,012,500 1,012,500 3,037,500 3,037,500 29,223,937 sold, 12,926,514 65,969,660 38,468,292 sell¬ admin. & depl & 2.70% on g - 2,453,947 536,855,763- 434.523,727 133,107.353 goods genl. 352.421.454 312,434,169 20,627,332 promis¬ notes sory taxes income Net Earnings the for V. share.. income 45%- of the full 172, p. S. U. on taxable accordance in $2.30 $3.45 income accrued were company the with also a determined be price and bonds. will bonds SEC for authorization to series of first mortgage and col¬ sold be bidding, competitive the to on The by rate. interest Oct.. 30 applied $25,000,000 of a new sell and The the set company SEC— registration statement with the SEC mortgage and collateral trust bonds, due- filed 2 first underwriter will will issue Nov. on $25,000,000 The which lateral the 666. Union Electric Co. of Missouri—Registers With The at which, when continued the effect of providing Revenue Act of 1950.— third quarter of 1950 of the year, will have the balance year $0.84 $1.34 taxes during $24,303,252 $99,410,080 $66,429,392 $38,604,881 _________ per throughout competitive bidding. at that the eompany wishes to sell the bonds obtaining additional funds to continue the large, construction program of Union and its subsidiary, Union Electric Power Co., which is expected to result in gross expenditures of approximately $153,000,000 over the years 1950 to 1954, inclusive. According to the application, the company's program during 1950 to application the has in noncash stock common financing tion in 1951. the of to The through 1, funds obtained until program of April by the fall in derived part from the from depreciation sale in No¬ of Union's preferred stock, $4 series," and June, 1950, of $10,000,000 Union's American of issue the bonds therefrom the income, application evidenced sale from to shares North the The funds part charges 1949, of 150,000 from the sale in part March financed been other states of purpose vember, will and that promissory provide for 172, in of part from temporary promissory Union notes estimates and 1951.—V. of Co., $11,500,000 states that carrying p. notes expects to shortly the pay after due the comple¬ balance of the the construction on 1238. Terminal RR. on Dec. mortgage interest. 1, of for next, bonds, New 140 Broadway, account series Payment will New -Earnings— 1950—Month—1949 $ 1950—9 Mos.—1949 s $ $ Railway oper. revenue__ 45,355,160 Railway oper. expenses- 29,203,433 opers. 16,151,727 11.857,396 86.635,594 53,665.584 6.299,150 4,076,200 26,401,939 8,395,005 Net fr. rev. ry. oper. —V. 172, the A, be due' made York p. ry. income 38,535,267 325.083,964 291,308,405 . 26,677,371 238,448,370 237,642,821 1349. United Air Lines, Inc.—Buys The directors DC-6B company now Oct. on transport planes, has on supplementing delivered 25 approved making 14 More Planes— an order for total of 20 such a 14 more Douglas planes which the order with the Douglas Aircraft Co. The new 44 DC-6s already in United's service, will be beginning early next year and ending in August, 1952. According to W. A. Patterson, President of United, cost of the 14 planes will be approximately $14,000,000. He said they will be needed to take care of continued increases in passenger-cargo traffic which the p. company 1675. anticipating is for 1951 and following years.—V. 172, 15, of this Acquisition—Exchange Offer company Asbestos of stock Asbestos for Manufacturing Thermoid stock has , now in companies Trust Co., 117 progress, to E. Privately—It was announced and deposit stockholders their shares Washington St., of for Asbestos exchange Indianapolis, Ind. on Nov. 1 that this tion has year 3% loan of $10,000,000 from arranged through Lehman The loan is due Nov. - two 172, United Merchants & Manufacturers, Inc.—Loan Placed affiliation , of income.—V, 3,982,073 (net). income of ing, the 2135. Thermoid Co.—Proposed of $37,500. $16.67, as record that earnings, for Dillon & Co., John A. 12,500 shares of the com- income syn¬ syndicate continued satisfactory on Guaranty Trust Co. of New York, 170, is time 145.775,483 Union Pacific RR.as stock and 250,000 shares of fund, $156,000 of 3%% at 1974, this of holders that they promptly as which, for tax collection for 1950—3 Mos.—1949 Period End. Sept. 30— Co., distribution that'the and offering, the exchange offer is the application.—V. 30 Csrp. Pacific-Missouri sinking the Pipe Eastman, each 557,212- 258,254 * Orleans—Partial Redemption— Coastal. has 3.052.448 " Securities For contemplated, Texas next, of stockholders aggregate Co., 682,645 383,525 15, R. H." Hargrove, June the with other of of con- 1349, completed directors at filed from common Southern. Natural indn stoc. a to 3,559,146 availability of cash, anti other factors influencing the payment of divi¬ dends, that the dividend just declared will- be continued as a regular quarterly dividend.—V. 172, p. 1441. • company been dividend board Proposed Acquisition— The 3,253,554 883,633 on terminated. ; Nov. . " «* authorization has the > I, series, at Other fleet, company has called for partial redemption on Dec. first mortgage pipe line sinking fund bonds, 3% Payment . ' "300,000 ■>068. managers,- $25), toward 1 notified the participation notes 206.015,190 indebtedness p. Webster & at sales Net already been financed with . - *5,020 Texas Eastern Transmission Corp.—Initial Dividend— of public convenience has- been granted. the; proceeds of Southern's 2%, bank loan due -July 1. 1951, which votes will be paid from the proceeds of the new bonds and stock. These proceeds are expected to exceed $21,500,000 and the excess will provide some additional working capital.„ Partial Redemption— 40,091 14,043 • used Nov. on coupon g appli¬ certificate a 64,382 71,230 • 3,438,230 100,000 shares of 4.64% ' . 114,163 • 55,420 ~ 172, be to are of principal and 25% Sept. 30— ' Net Tennessee Gas Transmission Co.—Stock Sold— one or 1947 $339,686 110,496 oper.-income..;:-' ''Deficit.—Ve is 1948 $398,553 : railway railway from ry. 1949 $371,235 income from Net - offerings railway.... oper. Net will accordance which for the and the '. - set yet bonds oonstiuction additions cation £nd the bidding shares held. each price at whicli it proposes to offer the such Gross stock. *oon in ry. 1950 Froth Jan. l— is company from Net Southern Natural Gas Co.—Financing Proposals— the SEC (par Union Carbide & Carbon Corp.—Earnings— Period End. and $394,411 railway____ as fund 1950, paid amount 1, is return for Ry.—Earnings— September— Gross sinking Nov. The date Tennessee Central capital. the 75% 1980. 1950—9 Mos.—1949 7,039,281 for named OtisJ Inc., & corporation's present The $7,744,907 provision been stock Union Securities Corp. anti underwriters. The price is 1960. amendment. Proceeds 172, p. 1238. purposes, 1537. p. 692,000 tax___„ preferred cumulative SEC 8,897,049 com. have Kinnard above •Income notification of working capital to construct suburban dividends^.-.. per •Tax hereby Mr. Skiles will own approximately 79% of the outtanding common stock of the company. Proceeds, to be received by the company will be used in payment various the should Depreciation Boston, 1950—3 Mos.—1949 income— Preferred qf Co. registration statement with a program—V. •Federal expenses_____ out- now Transgulf Corp.—Makes Payment on Notes— Charles , . offered of by Total Co,,, has & l-™....., $10,348,692 and notes Co.—Registers With SEC— December, expenses 1675.. p. Forgan stock common supplied covering and other assets of liabilities. Mr. Skiles his termi- to Skiles Mr. the 20 be & Gcarhart, was partner a fill in $700,000 ■» Fund Period End. Sept. 30— acquire and Skiles,; and the gas will Sutherland Paper Co.—Earnings— the Charles bv to and had Hornblower & Weeks—V. value, par reserved 1950, privilege for preferred ; March, common Oil •Federal income in conversion par New York Stock Exchange on Nov. 2 at $69.75 per share, with a dealer's commission of 65 cents per share, by Mass., is named as the principal prices and underwriting terms are incorporated of business the stock, common $1 stock. offering business oil present of stock, statement convertible $1 of registered senior 5%' convertible notes due 1960 denominations of $100 each, without underwriting. to Langlev struction • of Co.—Special Offering—A special offering of 7,400 shares of common stock (no par) was made on the amendment. was company issued the transfer to of cumulative shares preferred Co. registration a 6% common public by filed of 100.000 of above The supplied 26 shares in before or on be to - to convert their shares' shares 1.6 to. retire used $9,500,000. of excess C. rate ■ • Nov. 2. on be to are possible. the of Oct. $280,000 Sun 575. the First National Bank of 1438. Centers on issued $2.12 172, p. 30 of shopping centers. Skiles Oil Corp., Mt. Carmel, III.—Registers With SEC This dividends accrued elect may This company to The proceeds are 1949- plus convertible W. Securities and Exchange Commission— Sheaffer Pen Co.—Earnings1950 share of common. p. Fennelly, Suburban covering (W. A.) six Mos. Ended Aug. 31— $2.54 Corp., Milwaukee, Wis.—Notes Placed Tide Water Power .v : value Trust $396,464 182,823 182,823 The company on Nov. 1 filed covering 132,000 shares of $1.35 redemption on Dec. 1, 1950, all of cumulative convertible class A com- per rate F. Glore on O.ct. 6.—y. 172,- The $472,876 - share——.— made proceeds outstanding in include for $1.20 the A the director a 659,627 263,163 (est.) taxes standing and provide the company with additional working capital corporation has offeces in 33 cities in Wisconsin and has loans Stewart-Warner Corp.—Fennelly a Director— - income expenditures $2,029,808, equivalent to $*60.29 per share on 32,995 shares outstanding, as of Oct. 25, 1950. The Fund was first offered for public sale Oct. 7, 1949, at which time the price was $51.37 per share.—V. 170, p. 2440. 1949 844,358 371,482 — The Stein Roe & Farnham Fund Inc.—Asset Value— asset 1950 railway..: oper. ■„ 1440. p. shareholders 25. of (The) , September— 172, $27.50 at class on Net •Deficit.—V, 172, p. 1348. Gross These Payment will be made at outstanding.—V, 170, 2,405,309 65,643 railway— oper. 2,639,441 next two years it will expend properties. called 'of at stock of share As ' has $5; common common stock, (& Subs.)—Earnings— Including sales of all stores and departments.—V. The the installation of additional generating construction or -improvement of trans¬ $6,000,000 for the construction or improvement and share. per each *58,212 . . „. electric shares (par 1 From and improve¬ properties of the company. Chicago, 38 South Deal born St., Chicago 90, 111. The cor¬ there¬ common 1675. p, outstanding common nouncement additions, extensions electric the to facilities.—V. corporation stock cents Gross facilities outstanding mon of Privately—The corporation has entered into an agreenegotiated by Brew Emch Jenkins Co., Milwaukee, Wis., for the sale to Provident Mutual Life Insurance Co. of Philadelphia of $1,000,000 of 4% notes (subordin¬ ated) due serially to Oct. 1, 1960, according to an an¬ bonds, series D, due Dec. 1, by competitive bidding, which mortgage Speed Queen Corp.—Calls Class A Stock— : San Antonio Uvalde & Gulf made be its to of distribution ' the of connection in shares ment • approximately $3,500,000 for capacity, $4,500,000 for the This etc first of estimates that during the company income Thorp Finance ' approximately $14,000,000 for construction of additions, extensions and chgs. 1348. " p. Northern & 1950—Month—1949 Total oper. expenses Total income Balance Tennessee $10,328,333 $10,494,965 $86,527,020 $83,045,663 7,482,871 7,315,344 65,883,416 67,950,837 1,719,897 1,666,318 10,694,812 7,648,869 revenue..— per * registration statement with the SEC a for the cost of to or improvements COMPARATIVE f 2 filed Nov. part, made of 1950 1949 $24,138,337 $21,127,839 — shares 14,998,873 the in company, ments share 1537. $6,000,000 also set 171, increase and 30— Sept. State Earnings price and interest rate. The application states that the net proceeds from the said sale, exclusive of accrued interest, will be applied to pay or reimburse the v. railway oper. will Ended Common The underwriter will be determined 1980. $8,520,052 2,339,382 1,276,567 1— from Wet 1948 $9,648,978 3,031,525 the outstanding stock.—V. common Net 'income ■> " company- on covering 1948 $10,016,902 3,059,929 income— Jan. 1949 $10,182,720 railway oper. From Gross Ry.—Earnings— 1950 railway Months Federal-and Southwestern Gas & Electric Co.—Registers With SEC The authorized the of Net income, before taxes on income.—: ^ 1537. p. of 31 2,500,000 shares, to each of shares Oct. on stock common change two 9 • St. Louis-San Francisco Asbestos of each for common 1997. p. *Sales "169,299,625 158,165,936 182,968,579 162,896,895 45,098,349 31,593,842 45,183,314 35,688,726 income pp. Thermoid of 171, Thorofare Markets, Inc. 172, p. 1674. 2,759,964 railway^., stockholders the into 29,651,551 " railway.. open shares seven 1950; 15, - __ 200,765 issued with $20,840,655 $17,273,844 $20,272,246 $17,701,519 4,088,803 4,762,598 3,624,439 6,381,997 railway each for common outstanding debt, or other on 1950 railway each for common shares two preference.—V. poration's Southern Ry.—Earnings— September— The charges interest 42,100,662 5,918,577 11,302,327 lncome-i oper. *'Before provision for 894,279 The 47,909,980 437,306,600 401,293,648 rev. Thermoid of Thompson Products, Inc.—Split-Up Ratified— $ 61,602,207 . ry. oper. income— 381,787 •Deficit.—V. 172, p. 1237, $ $ revenues- Railway '20,784 1,615,782 Wet and common; 1950- -9 Mos.—1949 Month—1949 1950 shares the exchange agent after Nov. by Thermoid of two preferred. received shares .share one and ' 23,532,363 Railway oper. $189,786 58,371 : 2,310,918 For SYSTEM TRANSFORATION Period End. Sept. 301948 1948 $264,316 " 45,639 „ 1,664,066 v . . railway.— <v by the exchange agent on or prior to Nov. 15, common and 25c for each seven shares Thermoid of common; Asbestos of Asbestos S 1950 . share (bi 71,450,604 74,773,098 .29,196,958 60,632,899 20,361,238 Nov. 15, or prior to paid for all shares deposited on will be made on the following basis: share one Asbestos of • Sacramento Northern Ry.—Earnings— September— from 1950; ' 312,398,402 341,657,017 306,034,877 344.581,202 be For shares received (ai 7,092,4/3 2,198,725 „ will The exchange j railway from 519,124 - 7. *399,322 *116,885 1348. p. Gross bonus Monday, November 6, 1950 . . 1950. .j $48,746,592 $37,3X5,757 $40,266,281 $35,229,084 EARNINGS Gross 1947 From Jan. 1— railway...... ♦Deficit.—V, > 1948 1949 1950 railway 48,234 . From Jan. 1— Gross from A Co.—Earnings— September— . J. been W. Scnwab, added poses.—V. to 172, an corpora¬ Brothers for a 20insurance company. 1, 1970. President, stated that the proceeds of the loan have working capital, to be used for general corporate pur¬ p. 1349. Volume 172 Number 4957 • i Milk United ferred The per of . . The Commercial and Financial Chronicle . ' * Co.—To Products 4 • of 15% Redeem Pre¬ Univis Lens Co.—To M. called has company for redemption 30, Nov. on 1950, Guayama, value, of business the close redeemed in mentioned each the on have made been that so holders the of above of . a Puerto to be located at will begin imme¬ plant Construction new Net per p. redeemed shares and certificate for the a balance of the shares Utah Profit all after tax and dends charges cap.tal before from mcl. Federal not gains Net $1,747,000 Consolidated SEarnings United of 'Includes of 1950 that enacted first 23, tax. months of income SALE tlncludes 1950. 1950 of 1950 less 2,095,395 20,923,149 21,990,721 opers. $1,432,579 $705,106 $9,065,094 $9,040,586 418,983 5,818,768 5,344,142 189,426 3,766,642 3,383,592 $1,225,000 shales in or total , 100'/o of 91 theatres. inteiest a in 20 located sales in (heaurcs, Michigan, for price companies Butterfield or total a United and of Paramount extent • $4,000,000; sufficient, Theatres Gross The corporation sold during of has Co. actions.—V. 172, United Ended 1949 Oct. on allotted sequently 1947 1948 $1,393,883 $3,279,839 104,278 shares were subscribed for 27, 1,373,936 1,193,407 903,077 129,028 918,052 765,610 income.— to subscriptions for aggregate of 122,399 Con¬ an Western 23,972,967 27,936,759 27,138,558 7,641,448 10,159,246 11,063,628 6,183,843 5,087,487 6,649,840 Natural Gas natural gas production company, sup¬ pipeline companies including Tennessee Service Gas Co., and El Paso Natural Gas Co. In January, 1951, the company will start to deliver gas from several of its fields to Transcontinental Gas Pipe Line Corp. For offering, see V. 172, p. 1538. ; plies 6,841,019 to gas several Transmission Gas 23,521,861 8,952,969 shares remained to be purchased by White, no Weld & Co., underwriter. $3,087,912 159,260 Co., a leading Co.;< Cities 1350. Earnings— 1950 1948 $8,315,716 $9,095,886 $7,713,769 2,412,934 1,984,376 2,680,985 1,726,048 income.—' 929,358 744,124 1,244,930 68,623,336 79,025,732 13,235,059 21,671,843 6,874,533 4,628,310 9,445,979 Bldg. shares the SEC. of Western Pacific RR. company of As the Oct. on borrowings date 30 the of SEC authorization received $4,500,000 from filing to Net increase, its construction the of 1538. p. pending expenditures V ry. railway railway from to $7,150,000. between Rochester, Terminal the in are V. also See 1676. 172, p. 1,379,197 J" $4,452,792 1,577,540 784,518 $3,303,042 639,348 280,587 income— oper. 1947 1948 1949 $5,471,153 2,684,546 $3,689,650 1,137,656 691,955 From Jan. 1— the application, had, company Gross pursuant to the SEC;s authorization, borrowed $3,200,000. The proceeds from the increased borrowings are to be applied toward balance. " Co.—Earnings— 1950 from Gross Loans Approved Net The it Batavia. L. H. Schultz is President. in September— Washington Water Power Co.—Bank bank of approved the issuance by this stock (par $10) which has been will be sold to the corporation's has common Most 7,160;485 1675. p. Commission S. p. 2,500 by • 17,756,804 income— oper. -Financing Ap- York Motor Lines, Inc employees and present stockholders. The corporation operates the "Blue Bus Lines Batavia add Buffalo, N. Y. Its executive offices 68,890,475 18,563,514 of exempted 611,694 74,849,421 York New •company 1— railway railway 172, The 1947 $8,601,143 oper. ry. 1949 railway.— Jan. New proved— railway.'—i_" from —V. financing.—V. permanent from Net ry. 34,176,989 30,044,526 32,217,990 28,172,991 11,279,785 4,945,467 7,785,230 5,637,925 5,936,982 railway railway—— income—. from Net 172, 2,689,113 3,994,353 2,693,326 oper. CONSOLIDATED . (Incl. Sacramento Coast Telephone Co. West Machinery Corp. (& 452,950 — STATEMENT Total 127,084 Net OF EARNINGS • from —V. 1950—9 Mos.—1949 $3,639,152 $36,850,396 $32,062,796 opers. 3,018 228 775,682 12,280,696 5,110,512 income—.' 1,543,777 360,451 6,327,353 2,555,723 1,448,717 301,875 5,421,162 2,030,871 ry, oper. income Ry. and Tidewater Southern Ry. Co.) 1950—Month—1949 $6,023,578 revenues after fixed chgs. & other deducts.- the upon subsidiaries its ry. oper. rev. Net consolidated balance sheet of the Aug. 31, 1950, the book value of the stock was equal, to $29.07 per share. At the present time, the common stock is on a $2 annual dividend basis. and ry. Net • • • Northern Period End. Sept. 30- Stock Offering Oversub¬ oversubscribed. was VALUE—Based company '379.892 198,851 to taxes, etc foreign income taxes offering BOOK 1949 1950 30— The Subs.)— $11,675,034 $10,787,219 Income prior expired & Co., Inc. on Oct. 31 publicly offered 40,000 shares of common stock (par $20) at $29 per share. Sept. of 104,495 additional shares of common stock, which pany scribed— Blyth Hoffman In — stockholders by this com¬ to were sales Federal and 1950' , offer an shares under the additional subscription privilege. 1,347,272 income with accordance pursuant to the exercise of rights leaving 217 shares to $3,092,838 -from Net a 575, p. States Months 9 Net which theatres largely quarter, ry. Net wholly owned at the time of the consent judgment or which became temporarily owned as a result of acquisitio ns subsequent to the consent judgment. It received approximately $896,000 in cash and notes in these trans¬ the '103,235 railway from From payable is - Western Natural Gas Co.—Stock Oversubscribed • 1239. p. railway railway from Gross theatres and properties number of individual a 31,338 oper. Net in two theatres, The amount ol the the two Butterfield in it 138,139 '102,898 172, railway Net interest applied in payment of such be to ore all '60,075 '239,933 income..^ September— 1950 approximately •;25',i>) interest (amounting! to Co. to the University of inteiest 1441. p. Western to theatres. 21 s substantially '198,027 '4 Wabash RR.- to United, together with interest thereon, over a period of years out of dividends or distributions received by the purchaser as the owner of the stocks in the two Butterfield companies. Tne purchaser has the right of pre-payment. If at maturity any balance of the sale price and accrued interest remains unpaid, tne stocks in the two Butterfield companies are to be sold to the highest bidder and the net proceeds, to .the is 565,437 for Federal provision Michigan 172, 790,046 .i, '10,874 1,408,050 172, p. for income oper. '9,171 '33,385 fiorn ry. —V. the third quarter of partial a '29.068 1,230.169 from Net 33Va%l in Butterfield Michigan Theatres Michigan. W. S. Eutterfield Theatres, Inc. has a 100 % interest in 68 theatres; and a partial interest in 23 t.ieatres located in Michigan, . '40,303 '25,615 oper. Net outstanding. INTERESTS—During corpoiat.on sold its interest {amounting W. S. Eutterfield Theatres, Inc. and .its 30.444 1,124,400 from Gross additional of $136,671 From Jan. 1— published for first six provision for -Federal previously share 3,261,388 on MICHIGAN addit.onal —V. ry. income 31,501 from ry. fr. rev. ry. $114,227 railway——- oper. Net £$1,734,000 published previously $5,660,000 $225,000 tess $60 000 SBased OF $569,000 1950—9 Mos.—1949 $29,988,243 $31,031,307 2,514,426 Net 1,028,461 railway..—'95,125 Net above 1950—Month—1949 $2,800,501 expenses. Net $.67,403 September— Gross at tinciudes tax. $2.44 owned included not Ry.—Earnings— oper. be share partly of $2.80 $3,947,005 Virginian Ry.—Earnings— additional $225,000 computed months indirect and $2,403,719 $3.16 , revenue— 1947 $166,502 income.__ oper. 'Deficit.—V. previously published for the first six months provision for Federal income tax for effective rates under Revenue Act of 1350 $3,990,000 Sept. six income the direct earnings subsidiaries, less period 137,963,000 share undistributed non-consol. 1,465,000 $0.73 earnings per Pai amount's .4 oper. $6,498,000 414,000 taxes $2,705,744 $0.81 Railway 1948 1949 1950 railway from ry. 986,000 $2,528,000 less-applicable income ineti *' ; railway from <'$5,512,900 367,000 Total Capital gains ry. Net divi¬ subsidiaries-- 384. Western Maryland Net From Jan. 1— Gross Net subsidiaries. non-consolidated from Net income and (net) non-consolidated from from Gross 9 Months $2,114,000 Dividends $696,611 $0.97 share Period End. Sept. 30— Ry.—Earnings— September— United Paramount Theatres, Inc.—Earnings— 3 Months $827,943 Railway to that effect.—V. 172, p. 1349. Period Ended Sept. 30, 1250— 172, 1950—9 Mos.—1949 1950—3 Mos.—1949 after-taxes_ —V. stock surrender their certificates immediately at the office of The Corporation Trust Co., Jersey City, N. J., and upon such presentation there will be issued a check in payment of the redemption price of called for redemption bearing a notation income Earnings may the Co.—Earnings— Period End. Sept. 30-^- for bifocal and trifocal lenses, but anticipates a call for Instruments under the defense program which will utilize a portion of the Dayton. plant's facilities. This requires an immediate expansion of Univis production capacities."—V. 172, p. 114. fraction. Arrangements construction of completion announced 27 precision to name Oct. on demand has been determined by applying the abovethe total number of shares of preferred stock of each stockholder, disregarding any resultant case percentage in standing all preferred stockholders of record Oct. 26, 1950. The number of shares to be from rata pro West Kentucky Coal Expand Facilities— President, > Rico, U. S. A. diately. Mr, Stanley said: '(Facilities will thus be available for' in¬ creased research and development of new products including opthalmic plastic lenses. The company is not only confronted with an increased share plus accrued dividend of 12V2c per share, approximately 15'So all of the issued and outstanding shares of its prelerred stock, par H. Stanley, arrangements • for $25 at $ (1737) | Stock— without at ' t • 172, p. 1538. of as Pioneer Insurance Co., Oakland, Calif.—Files Western • - Income before loss devaluations Loss from Net from foreign 208,101 devaluations Earnings stock— preferred on per common 'Loss.—V. 171, p. 89,569 __— share at '$25 to - Nil While outstanding the company is annually, an amount equal, to the maximum principal amounts of bonds'of said series at any one time outstanding. In lieu of making these payments in cash, the company may certify new property and/or permanent addi¬ tions at 60% of the cost or fair value thereof, whichever is less.- 1790. these, bonds of any obligated 1 Vz'/c of to into pay United States Lines Co. Months Ended Sept. 9 Subs.)—Earnings— (& 1950 $2,200,000 Common shares outstanding—1,502,668 'Earnings per common share... $1.43 profit 'After 30— income after taxes — — 1949 $4,665,000 1,502,390 $3.07 PROCEEDS—The —V. 172, for Placed Pri¬ vately—It was announced on Nov. 2 that this corpora¬ tion has placed privately $3,000,000 of 15-year deben¬ series B, due Oct. T, 1965. The sale was ar¬ ranged through Eastman, Dillon & Co.—-V. 172, p. 1675. Steel Special Corp.—Declares 4 Div.— of be completed required a after assets of the corporation 202,986 compared CONSOLIDATED Per. End. Sept. 30— STATEMENT -1950—3 Mos.—1949 $ $ Products ices and Products ices 1950—9 Mos.—1949 $ $ 604.838.086 2,137,981,269 1,916.776,923 290,165.670 234,088,440 848,206,249 764,338,663 276,519,178 801,581,977 Cumul. v facilities Interest costs and 38,258,930 34,469,888 111,205.043 cellaneous inc. taxes- tax. (est.) income— 579,941 1,640,476 the t , 22.544,330 19,520.862 49,425,984 31.000.000 147,100,000 - . Service rendered is in five estimated 6.304,919 6,304,919 18,914.757 Coast divs. declared- 39,164.634 13,054,879 73,107,316 39,164,634 Balance, surplus- 14.272.749 19,811,347 86,799,467 75,144.018 shr. S2.04 $1.26 $6.12 $4.38 —V. 172, p. proposal a of of 1239. it was from by OF Telephone S. ~\ were Seattle on to the gage f(J0 4%, military totali)-.- is now and civilian $125,000,00-;, over this time last year," dealers'have is anticipated Canacay said. Mr. continued the "Meanwhile, ordezs favorable trend of the months.'" that production present to schedules meet these maintained, be can he added.—V. 172, p. 1538, ry. $2,678,690 919,495 $2,296,588 531,723 196,356 262,898 532,510 173,578 22,416,029 6,179,332 2,961,642 19,482,545 618,828 Gross from Net ry. —V. railway.. 21,683,452 railway—— 5,877,304 20,215,474 4,218,427 income. 2,425,807 1,802,478 from Net oper. 5,447,068 2,723,!teo 172, p. 1350. shares to 400,000. common Wisconsin Hydro Electric Co.—Earnings— CO.—On 1950 Operating revenues, Operating expenses — and taxes Interest, etc,, deductions—. Net -1 income Earnings per : common (145,923 ! share outstanding —V. 171, p. 2614. 194* $1,206,822 986,193 61,049 51,151,641 $159,580 Nine Months Ended Sept. 30— ,, , ' SERVICE 1947 1948 $2,269,440 896,238 income. oper. 1949 1950 $2,862,896 railway From Jan. 1— the company and its subsidiary through 68 districts totaling 23,400 square miles with exceeding 389,000, an increase of about $145,4)10 $1.09 $0.99 951,6C4 55,035 shares) ; - 1 , Aug. 22 1950 r - Wisconsin Public Service Corp.—Definitive Bonds— Co., acquired Service at Net 80,000 shs. incorporated in Washington May 31, Sound Telephone Co., Oregon Tele- from 26 series due Sept. 1 979, bonds, at The Cha: York, 43 Exchange Place, NewYork, N. Y., at the Harris Trust and Savings Bank, Chicago, • 111., and at the First Wisconsin Trust Co., Milwaukee, Wise.—V. 172, p. 153^. Definitive -available National persons. furnishes telephone service surrounding and contiguous to and east of that city. , Co", aiea north orders engines. for the domestic from 190,000 shs. through the City five of capitalization (as of Aug. 31, 1950) was as follows: Common stock (par $100i, $362,000; 6%. preferred stock (par $100), $313,700; first mortgage 6% serial note due Jan. 15, 1959, $130,000; 4'» serial note due July 1, 1969, $500,000; real estate mort¬ Telephone • an parts of Jeep orders portion of this backlog, according to Ward M. Canada:-. six Net Commission, Service receipt 20,730 and' September— from railways. Puget TELEPHONE for unfilled miscellaneous and Gross for the private sale of $1,000,000 bonds, 3'/o series due 1980. tAt be held Nov. 6, 1950, the stock¬ to amend the articles of incorpora¬ authorized of President, is the largest for any Pall season in t! • "Increasing acceptance of Willy's products abroad, doilar gap, and relaxation of import restrictions fcv countries have raised the export backlog 165% over what several separate population P. shares •exchanges 18,914.757 conn 500,000 pursuant to authority granted by the purchased all of the issued and out¬ standing shares: of preferred and common stocks of Telephone Service Co., a Washington corporation, for a total consideration of $685jlll. "These civilian narrowing of made company, consolidation a ACQUISITION 45.878,999 engines announced 27 Ordnance Wisconsin Central Ry.—Earnings- '1,000,000 500,000 110,000,000 declared,. per upon Oct. on company'-s history. mortgage increasing the number 191,786 stated. was requirements 100 000 shs. been 2,950,298 538,987 326,499 Outstanding 200,000 shs. of first 3,350,890 721,432 197,900 $10,000,000 West Coast Telephone Co. of California. an 133.223.409 Earns. have 2,996,784 492,964 . backlog company's vehicles, it $1.20 divi- $201 598,295 235,551 ' ; phone Co. and Coos & "Curry Telephone Co., is an operating public utility engaged in the business of furnishing local and long distance telephone and telegraph service within certain areas in the States of Oregon and Washington and through its wholly owned subsidiary, ' 178,821,540 Com. 1963 due 3,056,416 , corporation The which FINANCING 34,669 Willys-Overland Motors, Inc.—Large Army Contract— $3,725,000 — (par act Washington 62.600,000 172, p. 1350. The 1,000,000 (par $251 BUSINESS—This West 39,171,144 divs. PRESENT 38,641 $345,312 69,440 24,383 income— oper. $5,665,700 from Army meeting of stockholders to will as . _____ debentures amount annual tion 1,734,309 59,742,302 Pfd. TO — 1 1 s. stock Telephone Net EFFECT 1971.—— 1980 'Arrangements ' other State, local and mis¬ Fed. GIVING 78,384 56,084 railway railway from ry. —V. approximate and conditions 1971.— fund series ? principal 111,354.314 541,754 will $383,696 85,552 - from Net Net last 120,000, or 44%, over 1940.- long-term i on debt due due pfd. stock dend "Wear and exhaustion of expenditures circumstances bonds—— due B exchanges 246,007,811 the series tCoinmon serv¬ bought above light of future forecast at present. sink, 33.4.'ec 750,247,229 750.372,164 costs— and in series 1928, INCOME the of will program mortgage 3% serv¬ sold Employment OF Gross . The be Series 30, $563,- were company 'Chairman 3V2'/«' further expenditure declarations, 30, 1949. the by stock and of $1,000,000 Authorized and. its subsidiaries at Sept. the current dividend with $522,675,652 at Sept. common : holders deducting aggregate CAPITALIZATION First $268,000,000. Net current 1950, received be to shares of bonds, 3% treasury and retire It period projects yet to proceeds 1947 1948 $346,187 125,211 -• From Jan. 1— 1951 the cannot together with in the history of U. S. Steel. In the third quarter of 1950, expenditures for additions to and replacements of facilities totaled $38,0C0.000. At Sept. 30, 1950, net the 40,000 of the determined the preferred stock, payable Nov. 20, 1950, to holders of record Nov. 6, 1950, and a dividend of 75 cents per share on the common stock, authorized ' 1949 1950 $402,527 railway Net from railway— Net ry, oper. income mortgage remaining funds required for the completion be obtained from (a) internal sources, the principal items of which are " accruals for depreciation (expected ,tc approximate $575,0001 and unappropriated earnings and <b) sale of additional securities. The amount and nature of such sales will be Reporting the earnings of this corporation for the third quarter of 1950, Irving S. Olds, Chairman, announced that the directors had on Oct. 31 declared the usual quarterly dividend of $1.75 per share on a special dividend of 75 cents per share of the common stock, both payable Dec. 9. 1950, tof holders of record Nov. 10. 1950. Shipments of steel products in the third quarter of 1950 amounted to 5,602,257 net tons and for the first nine months amounted to 16,850,684 net tons as compared with 15.549,684 net tons for the first nine months of 1949. The shipments during the first nine months of 1950 established a new high record for any comparable letter of notification with Ihe stock (par $10) to be offered The proceeds are to be used a common Alabama—Earnings— „ from expected that the is It of . States sale first pated that $3,200,000. tures, 3% United of expand-operations. Gross series due 1980, are to be used to reimburse its bank loans from the First National Bank of Everett, Wash., incurred in the acquisition of Telephone Service Co., which loans at Oct. 1, 1950 aggregated $500,000, to provide funds to be used for advances to Telephone Service Co. to complete the 1950 construction program of that company and to defray part of the cost of extensions, additions and improvements in 1951 to the company's properties, those of tis subsidiaries, West Coast Telephone Co. of California and Telephone Service Co. It is antici¬ both United States Plywood Corp.—Debentures its of 939. p. the from preferred dividend requirements. earnings filed 26 shares without underwriting. September— fund, . periods, John M. Franklin, President, ex¬ plained, are after provision for income tax and include estimated het operating-differential subsidy after provision for subsidy recapture. Net Oct. on 12,000 share, per Western Ry. of remain sinking a. . Net company covqring ticut Mutual Life Insurance Co. 90,525 , $0.63 — The SEC first mortgage bonds, 3% series due 1980, at 100, to Mu¬ tual Life Insurance Co. of New York and The Connec¬ '$460,909 $254,099 income Dividends '$252,308 $254,099 _ — __ foreign currency Private Financing—Arrangements have been made for the private sale oit or before Dec. 1, 1950, of $1,000,000 currency . • 172, p. 1538. first mortgage bonds 27/b% delivery in exchange for temporary Bank of the City of New 4, . Worthington Pump & Machinery Corp.—New Product Co.'s $7,430.—V. for The corporation maximum protection recently announced a "batch mixer,'* from dust hazards. To eliminate dust ' discharge of is batch, lurnishea.—V. a 172, offering during chttte dustproof housing enclosing the discharge p. 1238, 10 (1738) The Commercial and Financial Chronicle Per DIVIDENDS Dividend announcements In tables. nounced first in table which all Then show we the the dividends we an¬ follow with Aircraft Share Co City Co. 12-15 11- $2.50 Allied Finance Allied Kid Extra Allied prior preferred Co. ^initial) $2.50 _ 11-15 11-10 12-27 12-12 American Gas American Ice Cable & (increased Socket & Electric k Co. Co. (increased) Thread American Angio-Iranian 11-30 11-21 12-14 11-21 $4 12- 1 11-21 The $1.12'/2 3- 1 2-20 50c 12- 5 11-13 12- 5 — Co. pfd. 12'/2c (irreg.)— preferred common Ashland Oil Co., Balfour Baltimore Bankers RR. (year-end) (year-end) Mines, Ltd Products, (quar,)_ Barcalo Basin (quar.)__ (N. Y.) Co., (irreg.)___ common preferred & 12- 12-15 12- $1.40 12-11 12-20 35c $1.75 Corticelli: Ltd., 1 1 11-15 12-15 12-11 (quar.) common 1-22 1 1 1-2 1- 2 Co. Hills Power & com] Light, <quar.)___ 12- 1 32c 12- 1 4.20% preferred (quar.) $1.05 12- 1 (quar.) $1.35 12- 1 Sivalls Bryson, common preferred (quar.).; 4.25% Blaw & (quar.)_._ Co. (quar.) _______ Bloch Blue Brothers Bourne Tobacco Foods Inc.. Brockway Glass A (E. & held (interim) common Rubber Bruce L.) (E, 3%% Bullock (quar.) Class 11-10 10-31 Fort 12- 11-15 Foster (quar.) net From investment net Bunker & 2 Extra Burkart & Burlington (increased quar.)__, 3 V2 % convertible Butler 12-: 1 11-18 12- 8 11-15 12-30 12-30 Brothers, 2nd 4V2% Butterfly Hosiery California (quar.)___ Co., California Ink California Pacific $1.50 Co. convertible Crushed Canada (quar.) Canada Ice Machine Co., Class A (quar.) Canadian Breweries, Canadian Malartic Increased Canadian Canadian Tire Corp., Ltd. Ltd. special held on Dec, 12 to meeting vote cn a 4,/4;^> pfd. Central Surety (Kansas Ex^£a Chain Belt City) & (quar.) 12- 1 Co. 1 n_ Chambersburg Engineering (quar.) 1 & 5% 12- 1 11-15 11-15 date 1 11-15 11-25 Kerite 11-25 Kern 12-15 12- 12-26 12-14 81'Ac 12-15 12- 12- 11-20 $2.50 -J50c 8 11-10 Co. (quar.) 12- 8 11-10 25c 12- 1 11-15 37'/2c (quar.) 1- 2 <quar.)_ 1 11- 12- 87'/2c 1 & Ltd., 4% pieferred America Steel (accum.) 12- 11- $1.12'/2 1 31, Luz 11-15 11- 1 12- 1 11-15 Lamston 10-17 Lane 12-15 11-20 11-20 preferred as 11-20 Gilbert 12- 11- 6 Good $1 Lakey 1 12-15 (quar.) common Great ____ Ltd., of A 7% (irreg.) 4% Gas 11-29 11-10 General 12-15 11-25 12- 11-20 (quar.) Pacific Tea & Fully Low Light Co., Co. 6% of 1 (quar.)_ 12- 1 Bond 1 11-10 12-15 11-20 12'Ac 12-15 11-20 1 1 11-15 12- 1 11-15 25c (quar.) _ 12- 1 11- 12- 1 11-9 75c 11- 1 10-16 9 ._ 8c 11-30 9c Administered 11-30 11-17 lc 11-30 11-17 9c 11-30 11-17 7c Stock Priced 11-30 11-17 11-17 17c 11-30 11-17 6c 11-30 11-17 10c Stock— 11-30 11-17 21c ; Aviation 2 11-10 Building • Chemical _ Electrical Equipment Food 11-30 11-17 12c ' 11-17 11- 80c — — it will call meeting at a 12-26 12- 7 2 12- 7 1 4 $1.25 1- spe¬ early an two-for-one a stock 12-15 12- 75c 12- 5 11-15 12- 5 11-15 SI (quar.) — — (quar.) 11-15 10 11-15 10-31 10c 12-14 12- 2 12-14 12- 2 11-25 11-15 50c S-2 10c 15c Series 51c 15c Fund 31 11-30 11-15 11-30 11-15 50c 11-20 11-10 25c (extra) — Ltd 12-14 12-13 10c 11-25 $5c Mines, Ltd (M. H.f, Inc Bryant, Inc. (quar.) Co. 12- 1 11-17 25c 12- 1 11-15 — (quar.) 60c 12-15 11-22 12-15 11-22 40c Stamping Co. Secord 5c 12- 2 11-15 $20c 12- 1 11- (quar.) Candy Shops, Ltd Portland Cement 3 25c Lindsay Light & Chemical Co. 12-15 11-25 25c (quar.) 12-15 11-25 65c preferred Maclaren & 11-10* 11-23 11-10* 12- 12- 17'/2c 15c (quar.) Power 11-23 50c (quar.) Extra Luminator-Harrison, Inc. (quar.)___ Lyon Metal Products, common (quar.) 5% 11-15 10c — r 62V'2c Paper, Ltd. (quar.) t50c 9 1 1 12-15 12- 11- 10-27 1 11-30 11- 4 i$l Company, (quar.)__ 11-30 25c (quar.) common preferred non-cum 11-15 11-10 11- 8 11- 1 11-15 12-15 11-30 $1.25 Maine 11- 4 2 Central RR. 5% preferred (accum.)_ Maple Leaf Milling Co., Ltd. (special) $1.25 $1.50 12- 1 $6 12- 1 10-26 11-30 11-13 Co. (quar.) 11-30 11-17 15c 11-30 11-17 9c 11-30 11-17 24c 6c 11-30 11-30 11-17 11-17 J25c Extra Masonite A Corp. special held (quar.) 50c stockholders' Dec. 011 6, 2-for-l meeting vote to on will 12- 10-26 be directors' a stock common on a basis. McCormick Co. & (quar.) 35c Mengel Co., 5% Merchants Fire preferred Assurance submit to meeting Linotype (directors Jan. stock 10, 1951, split). a voted the at 11-20 12- I 12-29 12- 8 35c 11-15 11- 3 5c 11-15 11-* 3 Co. (N.Y.) (quar.) stockholders 11-20 9 12-15 $1.25 (.s-a) — Mergenthaler 9 12- l$4 Budding" L~tXI—"II—I—IIII--III McLeod 12- 90r TTvfTQ Extra America ; . Automobile . 1212- 35%C 11-10 authorized Bond 11-15 30c 41V4C (quar.)__ common 11-15 11-15 12- Industry Classes: 11-15 10-31 1 11- si.75 pfd. 11-22 11-10 2-for-l Extra 11-10 11- 8 $1 ! (quar.) , 25c 8 11- 25c ; Y.) 11- 40c Funds; Common 11-25 12-11 Group Securities, Inc.— be 2 10-27 40c (N. 1 Corp.— proposal to split the Extra 11- 11-15 12-30 Calif.— Co.____ Institutional 11- 11-10 $1 (quar.) 11-20 $1 ____. pfd. 11-10 56'Ac Indemnity preferred 12-13 11-15 12-11 12-15 $1 11-30 11-15 1 11-20 16c Atlantic 1 40c 1- 37V2C (accum.) W.) American 2 12-1 12-30 12- Marshall-Wells Common 11-14 10c Extra 50c Extra 1- $1.12% 12-20 11-22 11-30 Macmillan 55c quar.) Mfg. Co., Co. (H. 1- 1 2 1 11-30 Lane-Wells $5 Corp. (year-end) Goodall-Sanford, Inc., 4% pfd. 1 12-15 1- 1 of Dec. Humor Great 12- 12- $3 (quar.) Bennett State Gossard 12- 2 preferred Humor 10-31 12-20 12-15 stock (quar.) (increased preferred Good 9 12-20 1- preferred & Golden 11-10 12-20 11-15 $8.50 _• $6 11-15 1 12- 12-15 12- 11-10 12- 10c Extra 6 1 12-20 +18c 11-15 12-18 12- $2'/2c 1 12-18 10-25 12-20 (interim) 12- $1 11-10 11-10 Mines, Ltd. (year-end) Foundry & Machine Co.__ Lawrence 50c (quar.) above Telephone Corp., $2.25 11-10 Mines, 12-20 50c Co. (accum.) the on Common 11-10 1 (quar.) Inc. Dufault 2 1950. 4.40% 11-15 12- 10c 25c (quar.)__ Shore 1- Georgia-Pacific Plywood & Lumber— 8 11-17 Industries Lake 75c (quar.)___ (special) will be reduced to $20 a share 11-20 11-17 37 Vic 20c (quar.) extra Co., 20c Corp. Co. 11-17 1 1 (year-end) Company La 10-31 1 12-: 25c 1 $$1 11-14 1 — France Laura Castings Corp.— (special accum.) preferred General (quar.)_ j. preferred $6 pfd. 11-16 12-30 11-15 12- Extra 11- Co.— 1 12- Extra Canada, 1st 1 12- J25c common— Co.—_______—-— Steel Custodian Koppers Lansing of (Theodore) 11-20 11-30 Ltd., 12- t30c Creamery Co. (Calif.), com. (quar.) Koehring 11-15 $6 11-6 11-30 11-15 fl2'/2c (quar.)— preferred 12- Co. General 6 11-28 11-22 :__ consider Year-end 11-6 $5 11-15 — Special Knudsen 11-25 56'Ac 11-28 5% — announced to Lake preferred 11-10 11-10 $1 11-15 5c 4'/2% 11-20 1 Co Corp Company 10c (extra)— 11-20 9 Ltd.— (quar.) stockholders La Funds, Inc.— 9 12- 12- Extra Keystone 12- 12- 8 30c s-a) Canada, (initial quar.) County Land Co. 60c ._ 11-10 split. 12-11 12-11 1 1 5c Corp. (year-end) cial 1 12- 1 10-31 12- 12-1 Co._. Utilities, preferred 37V2c (s-a) 6 I2V2C (quar.) (increased of Resistance Company 12- Corp.— 11- 11- 55c dividend)— (quar.)__. Laughlin Common 11-15 1 A Color, & preferred Jones 11-15 1 1 11-14 37Vic $1.06V4 preferred Furniture Estate 12-11 6 12- 40c (year-end 12- 12- series preferred Jor.es 12-11 11-6 12- 40C r-~- 3 $1 11-10 (quar.) (quar.)—__ (stock Products Southern 5V2 % 12-22 Insurance* Cdi;p.— --—-— Iowa 12-22 Jl5c (quar.) 3 11- $50c 6 proposal to split the capital stock four-for-one. Carson, Pirle, Scott & Co., 11- 12- $10 —— 43A% 11-10 Co. Extra 10-31 11-14 1 11-13 25c 8c Simon, }30c will 11-15 $1 — pfd. Extra stockholders' 12-15 "A" International 15c Capital Transit Co.— A 6 10% Ltd.— (que.r.) 11- 50c prior preferred & Company Greenfield (quar.) 11-25 1 1 12- Extra 15c series t2Vfec Mines, 6 Common 30c (quar.)__ Works G% Custodian f20c Lamp Co., 11- $1.12l/2 series f25c semi-annual Motor (extra)— com. (quar.) 11- $50c (interim) 11-25 50c _: Brothers $1.60 Ltd.— Ltd. Gold Corp., Ltd International dividend Gary 11-15 $50c (quar.) Investment International 7 11-28 12- 12-28 — participating preferred Indianapolis Water Co.— 4 12- 12-28 J 10c 11- $25c 11-28 $2 com. Varnish 12-4 11-10* 11-28 $1.12'/2 (quar.) conv. 12- 11-15 11-13 40c 50c Extra $1.50 Canada, Ltd.— 1 t20c Co., Ltd. Foreign of 12- 11-29 J50c Malting Ltd ! 5% Refractories t20c Extra Imperial 1 11-28 11-24 $l.C6J/4 1 1 50c 12-15, 100% 50c Water & 1- 25c 7 8 11-24 $1.25 Power Oil Co., Ltd. Tobacco Co. 1- 11-15 Y.t A Interim 11-17 11-17 Inc., Gas Imperial Imperial . (quar.)__ Extra 15c ____ Canadian Co., General 75c Stone, Ltd. Extra (quar.) (quar.) 6 $1.62V2 Corp.— preferred (accum.) 10-26 12-11 1211- 50c convertible $1 11- 37'/2c (quar.) Trading A (quar.) 11-15 $2 (quar.) 1 12-11 (N. & preference Company Gair & Distributing Co.— participating preferred Participating (quar.) Mines, common 1 }20c (year-end) $1.50 Canada (quar.)___ class Co. 11-24 30c preferred Ltd 11- 50c (year-end) H.) 12- $1 preferred Cold Storage Common Co. Electric 50c (quar.) 11-10 50c (quar.) General 37VaC Extra 11-20 Co. 1 12-15 (quar.) —^ Corp., common preferred (quar.) Indiana 11-10 11-10 3 Hytron Radio & Electronics Corp.— Stock 10-20 20c Burton-Dixie Corp. 11-10 11-15 11-20 5% 11- Exchange. com. preferred Lighting $25c (quar.) (quar.) Arrears (quar.) preferred (quar.)__ 6 % — Rubber Co., 11-15 $1.25 preferred 3>/2 % 11-1 Mills Corp.— Common & Bridge Franklin Concen¬ Co.__ 12-22 30c (Md.) Ltd., 11-24 25c Mfg. 11-15 11-20 I 11-10 would Stores Foods, 1- 11- shares — 12- 11-15 11-15 Corp 4'%% Hunt 11- 12-15 Extra 11-15 11-15 it (quar.) Process 12- $1.50 California-- Wheeler, Fownes 11-20 1 $1 1 (quar.) 68c Mining Houston 12- 12-15* 11-15 3IV4C ____, 11-17 $1 that (quar.)__ 12-15 10-20 7J/2c (quar.) Houdry 10c (year-end) (quar.)— common Stock Co., preferred 11-19 11-15 York New Barbizon 1 12- 2 7Vic preferred Extra 11-30 12- 1 1- (quar )_ - Hardart 12- 25c . (quar.) Associates Co. B General (quar.); Hotel 11-15 Gabriel 15c 47c — (F.) A Pitt Frick 50c profits Sullivan Co. 11-15 15c common A 25c securities Hill trating 5% 1 & 11-15* 11- 30c announced convertible $1.75 (increased quar.) Motor Franklin 933/ic income- of Tire Income 25c common (quar.)__ Ltd.— Fund, From 4% Co. Co., preferred 10-31 12- 12-1 %25c Mills, class A preferred Class par Brown (quar.) Nickel Mineral 11-15 Ford be Nov. 20 to vote on a proposal 2'/a new $2 par shares for each share now outstanding. Brown-McLaren Mfg. (resumed) 11-10 $62V2c (quar.) Machinery & Chemicai Foote Horn 11-25 40c $1.25 iquar.) — 25c 3 Va % issue $5 10-31 40c Comm.on on to 11-10 $4.50 Howard (quar.) preferred Bond will Ltd.— L Dry Goods (quar.) Reinsurance (quar.)__ Co., Co.— meeting Investments, Coip. preferred 11-1 1 10-26 10-31 10-30 $1.50 Ry. Co., Corp.. preferred 25c . Engine & Airplane Corp.— Co. 11-15 12- 1 $4.25 11-15 11-15 25c Eletrochemical 15c common Year-end Food 11- 11-15 (quar.) Extra 25c (quar.) Ltd. Co., Carpet $4 11-10 1- 8 25c (quar.)_____ Walker 11-27 25c Iron stockholders Paper & 11-15 1 12- the on 6 11-15 1 75c dividend Hooker 1- 2 12- 55c Co. company 1-20 1- 4834c 20c Oil 50c Flintkote 11-13 1-15 Co. (accum.) Co. (M. 1 933Ac Mfg. (quar.) Utilities Mfg. 15c 40c (quar.) Co G.) special (quar.) 12-20 <quar.)_ Co.— apply fcr listing of its 9 $1.50 68%c _____ 9 11- $1.25 (quar.) Extra 11-13 12-12 pfd. 11- 1 11-10 Co.— Street The 11-15 1 $1.75 $2 $2.75 preferred 12- 12-12 5% 1 12- 50c (increased) 12- 12- 35c common States Fishman 8 12-12 11-15 $3.50 11-15 1 Year-end 11-16 1 11-10 12- (accum.) Co., Ltd 5% preferred Glass Mfg. 11-20 1 $20c pfd. Pillot, Hettrick Stock 1 (accum.) Firth 11-20 12- 1 12- (accum.) 25c : preference (year-end)— Mills Brooke (quar.) (quar.) Bristol-Myers Co., 3% % 25c 25c Moon Bourjois, 12-22 $1.06'A ______ Knox Year-end 30c 12- 30c 4 V22 % 11-20 Black 2 12- "B" 11-20 preferred 1 $1.75 "A" Filtrol 11-15 5.40% 12- t37'/2c Year-end 11-15 1 Co. Falconbridge 12-15 12- 2 11-15 $1.50 3.90% Inc., com. voting Common non-voting (quar.) 1 1 1 Pineapple Corporation, Holyoke U7'/2C B Fairchild 12-15 1 30c (increased) 1 1- 25c Gossett Extra 1- Inc. Hosiery Firestone il5c 12- 11-15 12- 12- 'quar.) Utilities Hawaiian Honolulu (year-end) Co. Co., Clay Co., Employers 11-30 |25c 12-18 11- 1 20c Co & preferred Hazel-Atlas 1 12- 50c Light, Empire & 11-17 11- $1.06J/4 (quar.) Electric Electric Henke preferred Ely 11-30 f$1.75 (this payment (irreg.) (quar.) 1st Hays preferred Eddy 11-15 t$1.50 11-15 Extra 11-15 12- Coal preferred Eaton 1-10 12- 11-30 3 Corp.— $6 1 50c 11- $7 10-25 12-21 11-10 6% Co. Carpets, Ltd. Hartford +50c Eastern 11-30 11-10 $1.50 preferred (quar.) class A (quar.) Chemical preferred Eastern 11- 11-3 Extra 11-15 11-10 11-~ I 12-15 Works (year-end) 6% preferred A (quar.) Eagle-Picher Co. (quar.) 11-15 12- Loom common Brothers, Class 1 1 12- 11-15 2'/2% Lamp preferred Hartford $1.25 Drug 4% 11-10 11-30 $3 (interim) fquar.)__ preference Durham 5 12- 7% Drackett Company, 11-27 12- 6% Harding 10c Pepper 7% 1 37'/2c (quar.) ______ Bell 11-27 12-15 10c Co 7% preferred (quar.)___ Belgium Glove & Hosiery Co. of Canada, Ltd. Common (quar.) 5% preferred (quar.) Black 12-15 11-10 11-10 1- S.) M.) Common 1 Extra 11-27 $1.25 11-10 10c Donohue 11-27 10c Inc., convertible Belding 12-15 12-15 $62'/2c Ltd common.. Mills, $1.50 50c $1.20 Common Beaunit 11-17 30c • 12-11 1 11-30 $20c Hanna (M. A.), $4.25 preferred (quar.) Harbison-Walker Refractories Co.— 75c Houses, 5% 11-17 1 10c Canada, Manufacturing 1 12- Hall 12-15 5 11-17 10% 11-24 12- 11-30 50c 11-15 12- (quar.)__. Ltd., (initial) dividend (C. 11-17 11-17 8c Co., Ltd., class A Corporation (quar.)l 2 1- 11-17 11-30 11-30 8c 12-13 1- Dominion-Scottish — - of 12- 5c Shippers Insurance Co. Oil __— —_ Quarterly Barber-Ellis 56'/4C 12-15 11-17 9c Brass Stock 12- Common 1 15c iquar.)___ Show Dr. 1 J6c — — Inc. Inc. 12- 11-24 45c (initial) Dominguez Oil Fields Co., 11-10 12- $2 ______ (quar.) Radio & — Co. Building, 1 12-15 25c —.—_ __ Corp. 12- 12-15 12-15 t$1.25 Extra Dow ______ ——— Corp. Gold 11-9 25c quar.) Point Dobbs 11-10 11-10 12-8 Hahn Hajoca t37'/2c Extra 11-10 1 1 $1 (quar.)— —. Allied 1 12- 65c ______ preferred (increased Mfg. 12- 12- 7 11-17 10c Tobacco preferred ___ (W. 11-30 6 $1.75 & 6c 11- (quar.) Almy 11-17 12- $23 Sons, Ice 11-30 Havana Company, & lc $2 common conv. Co., $7 pfd. preferred Diamond 12-7 93%c : _____: preferred preferred (quar.) Avon 2 75c common..., (quar.) $1.20 West 12-22 25c Co. (quar.) Refining— & 11- 6 'Ac 4'/2'% Carpet 1 Ltd., B & 7% Dickey 20% (quar.) Equipment, 12- 75c Cork Deere Dewey — preferred Artloom 11-10 11-17 11-20 arrears) Leather, Class 11-30 1 a5% —— Corp preferred 1 12- ltd.— Co., Co., 1- 75c (s-a) dividend Farms Davis 11-17 11-30 $1.75 Co. preferred Cushman's 11-13 11-24 11-30 3c 12-15 of directors toward the end of will consider the payment of a div¬ idend on the common stock. 11-13 lie Bond Railroad Equipment Railroad Stock 1 board 12-18 11-30 12- 1951 12-15 60c (quar.) prior 7c 50c iquar.) preferred 11-17 20c Securities Publishing all 11-17 11-30 25c (year-end) Corp., 5% Knowles Forster clears $7 11-30 10c 12-30 93%c (Del.) Realty & 11-30 10c Utilities receipts for ordinary preferred —$1 * 5% Co., Oil & 1 _______ Avco Curtis 9 Foundries participating Participating Aunor Crum 11-17 12- (interim) Anglo-Newfoundland Development Co., Ltd.— Powder 11-14 12-15 12- (quar.) Ordinary Atlas Crompton 50c Tobacco & 11-23 11-10 11-15 Ltd.— dep. 12-11 20% American Atlanta 1 25c - Steel Aspinook 12- 20c dividend Common Courtaulds, 5 7% Co. Extra $3.75 5 12- $3 __ (quar.)_ American Armstrong 12- 75c (quar.) ——— Seating Steel Cosmopolitan 12-15 12-15 Amer. 1 1 Holderi 14c Railroad Y.)— (quar.) Co. Cosden Petroleum 5% preferred Stock 11-22'' Co.— Year-end Stock 11-15 72-15 25c dividend American 12-27 11-30 50c quar.)_ non-cum, 4Vi% $5 Oil $2 preferred (year-end) American Machine & Foundry Co.___ American Metal Co., Ltd.-—; Aro preferred 20c i Steel (resumed) Copper Range Co. (quar.) Corrugated Paper Box Co., 5% preferred (quar.) 12-12 12- When Payable of Rec. Petroleum 3 12- 30c 25c (extra)— 11- 10-27 1 25c Extra Continental 25c Co. 11-13 11- Share Machinery Investing Company Merchandising Mining 11-17 3 of Company Industrial 12-12 11- 25c (increased quar.) com. 11-10 (year-end) Forging Stock Co., 11-10 70c Co. Chain American (N. 11-24 (quar.) Per Name 11-13 1* *50c Inc. 11-15 $3.75 Holdera 50c Co. Lines, 10c Extra $4 1 11-13 Monday, November 6, 1950 . . Extra quarterly Air 50c - American Armco Edison Increased 40c — — Inc. Board Box Ameiican Can $3 12- 1 $1.75 (quar.) preferred u— <s-a> <quar.) Extra American Arden redeemable L Co. ___ Laboratories, 6% 12-20 preferred Corp.— preferred (quar.)__ Continental Can convertible 1 12- 25c (quar.) Diversified Standard Securities, Continental Alleghany Corp.— 1- $3.50 Milling & Elevator Consolidated 4 $1.12 V2 (s-a) 1 Iron convertible Ltd., 11-30 11-15 7% & When Payable of Rec. 12- 5c Fuel Consolidated 11-6 37'/2c iquar.)— 11-15 75c _____ Colorado Payable of Rec. 12VaC Engineering Corp Radio 5% (increased). <quar.)__ Baking Co., Colorado Holdert 75c - Aetna-Standard When preferred Company Extra payments previ¬ Per Name of Company Wire Share com. Chilton ously announced, but which have not yet reached their payment date. Acme Company $4.50 preferred (quar.) Chapman Valve Mfg., 7% grouped in two separate are indicate we during the current week. second a the Name of Champion Paper & Fibre, . to annual proposal for a have also Directors that application be made to list the company's stock on the New York Stock Exchange. Merritt-Chapman-Scott , Corp., 6V2 % Metal series A Corp., conv. 11-15 11-15 12- 11-20 common 25c participating preferred Midland Midwest Storage Mutual Oil Co., Participating 11-20 12- 81(40 12- 11-20 — 35c 12- 11-20 (year-end) $1.75 11- 1 11- (quar.) Participating Metropolitan 11-15 12- 12- 10c (quar.) Extra $3.25 12- 80c $1.62V2 ; preferred Textile 40c common Extra Warehouse Life Insurance 8% preferred Co. (quar.) 10-19. (Continued on page 1 10-30 4c 12-15 11-15 20c 12-15 11-15 $2.50 (s-a) 43) Volume 172 Number 4957 . . . The Commercial and Financial Chronicle Stock Record (1739) New York Stock Exchange «» DAILY RANGE OF PRICES WEEKLY VOLUME OF YRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISYED ISSUE STOCKS Rar.pp for Previous Range Since Jan. 1 Year 1!>49 Lowest •I per share 37 Jun 1% Jun 17% Oct *17% Jun Lowest Highest $ per S per share 51 40% Dec share 1 4% Apr 22 3 26% Oct 6 18 Dec July 24 12 37 39 V» 17% Jan Jun 11% Dec May 51% Dec 5% 18% Jan 97% Mar Sep 110% Dec Jan 5 20% July 13 110% Jan 5 14 26 39% Apr 17 13% Mar 15 3 7% July 26 51 23% May 19 53% Oct July 14 Dec 44% Oct 42% Feb July 14 Dec 19% -46 ACF-Rrill 2% Feb 47 Jan Abbott 19 % Jan 14% Nov 21 Dec 23 , 55% Mar 23 Feb 1 $3 Air 2% Jun 4% Nov 2% July 13 3% Jan 3 Feb 18% Dec 15% Mar 29 21% Sep 29 Apr 73 Sep 67% Jan 4 77 Oct 18 4%% 4 Dec 2% Jun 27 4% Jan 11 Allegheny 3 85% Feb 2 83% Oct 20 Feb Feb 64% Jan 82% 86% 58 Dec July Dec 74 Jan 21% Jan Sep 39% Oct 19 120% Oct Jun Sep 83 July 93% Feb 89 % Mar 6 Jun 8'/a Jan 8 % Jan 11% May 27 53% Nov 60% Aug 24 15% Jun 27% 104 94 Mar Jan 96 May 16 25 Allied Kid 1 Allied 44% Sep 28 Allied Stores 35% Dec 32% Jan Jan 97% Nov 93 Feb 16 99% Oct 18 25% Feb 33% Dec 28% Jun 27 39% Nov 3 76 Jun 88 Oct 81% July 12 92 Nov 3 26% Jan 37% Dec 30 July 13 53% May 31 38% Jan 11 2% Jun 4% Nov 83% 37 Apr 89% Feb 34% Jan 45 6% Jan 3 51 20 81% Oct 3 4% Jan 11 4% 25 Amerada 25 Amer 27 12% Aug 2 3,600 40% *39 40 *39% 18% 19% 18% 19 18 18% 18% 76 76 75% 76 75% 75% *75% Jun 30 76% Aug 10 7 American 6% 5 100 ._1 Airlines No par gtd Dec 14% July 13 26% Jan Oct 60 67% Jun 16 x7% Jun 12 Dec 10% Jun 15% Oct 21 American Bosch 30% Mar 35 Jan 30% July 41 18 Amer 96% July 5% Jun 104 Jan Corp cum 1 Note common Corp Shoe Co 8 109% Oct 4 7% Jan 13 14% Apr 21 American preferred Broadcasting Co Inc 3 American Cable Dec 8% Apr 21 120% May 24 American Can 90% July 26 5 190 Jan 18 22 Jun 27 35 Oct 17 60 Jun 82 Jan 55% Jun 26 79 Feb 18 July 29% Nov convertible 7% Radio & Co Dec 21% July 13 3 American Chain & 47% Sep 41 4 51 Mar 22 American Chicle 15% July 17 23 Feb 23 American 14 Jun 19% Oct 17% Jun 24% Oct 7 Mar 81% May Oct 7 76% Jun 23 97 Feb 99 Jan 25 % Jun 51'/a 13 115% Jan 16 178% Jun 19 113% Jun 23 49% Oct 6 49 Dec Dec 120 Jan 101 % July 12 35% 32% Jan 36% Mar American Crystal 4'% % 13 I per share 4% Feb Highest $ per Sper share share 5% July 13 Oct 6% 15% Feb 19% Dec lb ouij 13% Jan 21% Nov 17 Jun 6'A 2% July 13 Jun 3% Dec Jan 1% 44 69% Dec 64% Jan Jan 19% Dec 12'AJulyl2 3 61'A Dec 54 45% Oct 51% Dec 34 Jun 43% Oct 44% July 12 43% July 26 Jun 37 Jan 3 3 30 48% Oct 24 »A Jan 32% Dec 25"% Aug 7'% Aug 3 34% Apr 9% Apr 11 5% Jan 9% Sep 2 13 73 Feb Aug 80 July 24 92 11% Feb 15'A Dec 13 July 17 15% Apr 19 15% Mar 22% Dec 16% July 18 25% Oct 7 18% Jan 13% July 3 18% Feb 15 Jan 81% July 3 96% Oct 17% May 12 78 90 12% Jun 73 Jun 11% Jun 15% Dec 76 Jan 84 Sep 102 Jan 4 5% Jan Oct American 7% 3.90% 10'A Oct 3 Amer Machine 3 American 96% Jan 105% Nov 104 July 13 ~5% Jan ~7 28% Nov 33'A Dec 32 Feb 36% Aug 16'/a Nov 1 6% Jun 26 Oct Jun 142 Feb 34% 130 Jan News 19% Jun 28 Jan 22% Mar 24 21% Jan 29 % May 31% Dec 7% Jun 12% Jan Feb 45 Dec 120 Jun 128% July 20% Nov Jun 150% Jan Jan 76% 153% 146'A Jan 121 Jan Jun 79 Sep 59 3A Jun 80 9 106 Oct 7% Jan 3 28 91'A Mar 84 Apr 20 Jan 63 May Feb Snuff non-cum 1 3 12% Mar 22 36% Sep 5% 8 96% Aug 30 80 Sep 8% July 2% 11 % 19% Feb Nov Aug 4'A 42% 95 Jun For footnotes Feb see page 12% Sep 6'A 6'A Friday Thursday Nov. 3 $ per share Nov. 3 $ vpt share 6% 6% 21'A 21% 21% 21% 18 17'A 17% 17% 17% 6'A *21 Share* 6'A 1,500 21% 200 17% 17% 8,300 2% 2% 2% 2% 86 87% 86 86% 86 86% 86% 87 85% 86 13% 13% 13% 13% 13% 13% 14 14% 14 % 14% 2% 2% 13% Sales for the Week f per share 2% 2% 2% 2% 2% 9,500 6,200 11,400 73% 73 73% 72% 73 1,800 50% 49 49% 50 50% 50% 50% 9,500 43% 43% 43% 43% *43% 43% 600 6'A 2,800 *6 5% 44% 6 *47 48% 48% 48% *47% 48% 30% 30% 31'/a 30% 30% 30% *7% 7% *83 . 84 *15% 24'/a 15% 24% 6 6 6 *47 30% *73% 74% 6% 6% 48% *47% 48% *48 48% 100 30% 30% 31% 31 31% 10,600 6 6% 7'/a 7% 7% 7% 7% 84 82% 82% *82% 83% *82% 83'A 10 15% 15% 15'A 15% 15'A 15% 15% 15% 15% 15% 2,500 24% 24% 24 24j8 24 24% 24% 24% 24'/a 24'A 3,700 16% 17,700 7% *82% * 9% 7% 84 7% *82% 7% 16'A 7'/a 2,S00 No par Co No par No par 100 100 _5 9% 9% *9% 10 3,300 41% 42% 43% 44% 6,100 105% *105'A 105% 105% 105'A *105% 17% 16'A 16% 16% 16'A 16% 8% 8% 8% 8% 28% 29% 23% 29 23% 28% 28% 28 28% 33% 33% 33% 33% x33 'A 33% 33% 33% 33'/a 33% 1,000 17% 18'A 17% 18'/a 17% 18 18 18% 18'/a 18% 20,600 13% 13% 13% 13% 13'A 13% 13% 13% 13% 13% 46,900 8% 29% 34 65% 25 9% 41% *105'A *48% 100 9% 40% 8% par 100 10% 41% 8% *176 *169 41% *139 32% 33% *11 *54% *134 20% 17 *176 8 42% 49% 48% 66 64'A 169% 168 41% 40% 139% 139% 32% 33% 31% 34 11% 11 20% 150% 149% 149% Viscose Corp common__14 *96% 97% No par 100 com prior conv preferred Copper Mining Glass 9% 31% *94 76% 1 15 25 *77 50 No par 120 9% 31% 96 76% 15'A 78 68 *176 9 177 28 *176 177 7% 8% 7% 8 41% 42% 42% 44 *48% 49% *48% 62% 64% X6J.% 167 41 168% 41 167 *40 49% 63% 167 41 41 106 20 16% 17 6,400 8% 176 8% 2,400 8,500 176 20 8% 8 8% 12,900 46% 46 46% 5,000 48% 64% 167 41 x47'A 64'A 167 41 ♦139 47% 150 64% 7,900 167 560 41 139% 139% *138% 139% 31% 32% 31% 32% 31% 35 33% 34% 33% 34 33% 34% 34'A 700 32 34% 11'A 20:% 151% 10% 55 133% *20% 150% 11 55 135 20% 151'A 11'A 54% 133 11% 55 133 xll% 55 *132% 11% 40 139% 12,500 2,900 11% 1,100 55% 55% 55% 2,800 134% 133 '/a 133'/a 11 '/a 400 20% 20% 20% 150% 151% 151% 151% 66% 67'A 149% 149% 149 3/4 150% 151 260 99 100 101 103% 103 % 104 7,000 119 119 119 119% *119% 20 20 151% 20% 2,500 151% 23,500 • 68% 68% 67% 149% 149'A 150 99 98'A *119'A 120 119% 119'A 149% 9% 9 9'A 9 30 31% 28 31'A 29 30% *94 95% *93 76% 75% 9 66% 68 67 68% 119% 14,300 240 9% 9% 9% 9% 6,600 29% 30% 30% 31'A 27,800 92% 92% 230 94 93 93 92% 92% 75% 75% 75% *75% *75% 76% 150 14% 14% 14% 14% 14% 17,400 76% 76%. 76% 60 14% 15% 14'A 14% 14% *76% 77% *76% 77% 76% 76% 76% 77 36 36% 35% 36% 34% 35% 35% 35% 35% 35% 35% 35 % 37,700 33% 33% 33 34 32% 32% 3 2'A 33 33 34 33% 33% 1,360 10,200 22 99 22% 22% 22% 108% *107% 108% 22% 21% 22% 21% 22% 108% *107'A 108% *107% 108% *107% 64'A 64% 65 33 33'/a 34% 12 *12% 12% 22 22% *107 *107'A 63% 108% 63% *63% 64% 63% 64 32% 33'A 32% 33% 32% 33'A 32% 12 12 10 \ 20 63% 176 ♦105% 32% 6.25 214A 48% 166'A 9 139% No par Anderson-Clayton <fc Co Anderson-Priclwd Oil Corp Andes Copper Mining S 44% 16% 31% 101 75% 176 106 33 99 x9'/a 9 *138% Corp— preferred 12 12 *64 *63 % 34 *12% 65 700 34% 35,600 12'A 1,300 12 12 5 4% 5% 5% 5% 42% 5 42% 5% No par 43% 44 42% 44 43 43'A 43% 43'A 43% 44'A 2,200 common—1—10 45% 46% 43% 47% 43% 44% 43'A 44% 44% 44% 44 % 44% 63,500 112 % 112% 3 Archer-Daniels-Midland- 47% Oct 18 Armco Steel Corp Products *119 41 139% 55 151% 68% 5 66 13o 68% 100 48% 169 % 54% *149% 151'A 8% 43 *134'A 25 100 common 177 55 100 Tobacco 10'/a 42 137 20% 130 9% *105% *17% 17% 13% 177 *96 40% 9% 41 42% 106 17% No par common 19 22. 2,900 72% 29% *33% preferred 4'A# 1,300 45% 49% No par Sep 23 111% 45% 21% 1 com Co Nov 120% Oct 170 *110% 45% *43% 1 6 3 *160 111 *45% 74 % 2 45 Jan 6% 170 III PRICES Wednesday Nov. 1 share *160 44% 100 4 89 17% 45 51% 42% preferred W "21 SALE 170 110'A 73% No par P 6% 44 26,300 50% No par Amer Zinc Lead & Smelt A HIGH Tuesday Oct. 31 $ per 110'A 7,900 70'A *43% com_No par 15 15 AND *160 46 69 '/a 700 Feb 3 110% 70 7,000 9% Jan Dec 77 2 169 43% 69 % 88% 33% July 14 26% Jan 13 Nov 29% 34% Nov Jan 26% May 19% Jun 11 .109% 69% 94 *92 88'A $4 Dec *159 68% 70'A 95 88% Common 28 % 68'A *93 88'A 8 Jun 95 89% 9 15% *93 *88% 23'A Oct 2 95 89'A 110'A Mar 72'A Oct *93 44% 6% 13% 89% 9% Anaconda Wire & Cable 12 21% *88% Anaconda Jan 21% 89% 25 x51 22'A 50% No par Co Stores Hock 21% 89% 22 July 12 22 75 No par preferred— Anchor 22 14% 89% 37'A Oct 18% July 13 18 'A 3.600 22% 13% 36'A Sep 106 22 4,500 21'A 96% 27% Mar 10 Dec 18 43'% 21 % 13% 27% Apr 5 *21% 6% 43 »A 21'A *43% common $5 6% 6% 6,200 43% 21'A *74 *50% $4 conv prior preference 19 # per share 29% 43 21% 16% Jan 12 Oct. 30 29 42% 21 *21% 46% Monday 27% 42% 21 14 Jan Jan 45'% 27% 43'A 96'A 35% 55'A 95 28 20 13% 35% 15% Sep 77% Oct 29 27% 42'% 16% Jun 8 28% 28'% 44% 21'A 22'% 96'A Jun 14 2,100 14 25% Mar 75'% 16% 22% 5% Feb 61 75V2 96 Dec Dec 76 15% preferred-.. American Woolen 7% 75 13% American Water Works Co Inc 14 75 27'% • 1 American Tel & Tel Co 121% Mar 28 6,200 74 75% 50 preferred American 31'A 74 46% 330 30% 76% 71% 170 111 11,300 182 181% 31% 32% 69% *160 110 99'% 98 181% 31% 31% 71% 100 13,500 181% 76'% *93 99 39,000 6% 31 77 87% American Sumatra Tobacco 6% 99% 181% 100 13 30% 32'A *86% 13% American Sugar Refining com American 98 181 106 31% 30% J per share *6'A 99% 181% 12 6'A 96 65 Jun 46% 181 *1053/4 14% Jun 48'A 70'% 97% 101% 182 106 550 16% Jun 108 181 106 3,300 95% 4% 99'% Mar 100'% 182% *182 106 4,400 13% 48% 7% 100'% 6 99% 18% com American Steel Foundries Mar 30 21% Feb 38% 76% Jan 158 117% Aug 17 Aug 8% Mar 6% 21% 161% May 20 30 64% Mar 29 Dec 74 3 62% July 26 146% Jun 74 6'A ll7/8 . 10 American Stove Co 3 ♦73'A 13% 17 21% preferred American 22% Feb 74 6% 18 2% Building Co__No 11 30 *73 12% 8 7% 73 6% 43 13 73 12% 8 25 136% Oct 74% 1,000 1,600 29,400 6 43 36% Oct 27 11% 12 5 12% Jan 60% Aug 17 11'/a *105% 100 1 25 18'A Jun Dec 49% May xll7'A Apr 19 Jun 128 Dec Jan 33% Oct 11% 6% No par 6% II 12% *21% preferred 7% 11 _10 Power & Light American 10% 106% 40c Co July 14 38% Jan Nov 16 9 5 11% 5% Safety Razor 13 50 10% 11% American Seating Co__ 14 Jun 145 49% 16 American Ship Jan 42 145 50% *105% No par Amer Smelt & Refg com 44 ♦38 146'A 50% 95% 25 169% Sep 42 145% 17 11 145 *37 49'A 14'/a Sep 4 143 48% 96% 67% Oct 25 42 143 50 14 50 38'A July 27 *37 144 49% 16% 39% Mar 30 134% Sep 42 142 96% 50 xl57 'A Apr *37 1,200 17 Dec Dec 1,000 4,800 3% 8,100 13% 5 36"% 78 *3% 5,600 17% July 36% 77% 3% 39% No par 7% 36% 78 3% 38% Amer Rad & Std San*y com__No par American 36% 77% 3% 38% American 11 3% 37% 77 77 38'A 16% May 12 24 3% 38% 22% May 23 Apr *36% 37 77% 3% 2,100 38'A 2 9% Jan 57,800 92 96% Natural Gas American 185 39% 91% 36% 11% 96 Co American Sep 60 »A Molasses 33% Mar 16 Aug 37"% 91 16% Ltd Co 36% Jan 28 37% 91 96% 4%% preferred Amer Metal Products Co American 200 36% 90 39% 1 & Metals Metal 1 150 135 18% Aug 16 9'A Oct 25 100'A 36% 89% 38% 100 3 Aug Jan 138 106% May 17 99% 35% 90'A 76% 42 147 51 11 99% 36% 89% 100 Jan 31% ♦99'A 99% 35% common____l 51% Mar 16 Dec 100'A *98% 39% 106% 12'% 6% 100 5% July 13 42% *99'A 300 39 *105% 39'% 39% *105'% 106% 12% 12% 6% 6% No par 33% July 26 164 7,200 14 common Dec 56% 39% 13% 11% July 26 175% July 18 Jan 43% Jun 39% 20,100 23 14% preferred 32 Sep 37 39% LOW Nov 39'A 39% *93 preferred 23% Aug xl2 8% 39% 22 preferred 44% Nov 49 39 Oct. 28 Amer Mach & Fdry com 11 3 178 39% 54% 13% No par Locomotive Mar 22 7% Mar Jan 1,700 39 22% preferred 29 Mar 28 3% 20 Products non-cum Dec 6% Mar 28% 53% *22% 13% No par American Ice Co 33% 23% 283A 543A 23 2,100 13% American International Corp_No par American Investment Co of 111 1 Jun 169 28% 10'A 14% No par convertible Jun 14% *22% 28% *37 *145 49% Saturday preferred 4% Jun 53% 22% 28% 10'A 13% STOCK preferred 22'A 10 54'A 22% 10'A 14% 170 6% 500 53% 10'A 13% 111 American Home Mar 29 16,400 14 10 $7 2nd preferred A 28 12% July 12 100 10 36% 97 14 *163 6% *95 16% Amer & Foreign Power com__No par 5 6% Aug 21 97 28% 27% 43'% American Gas & Electric Co 4"% Jan *95 62 *110 American Hawaiian SS Co American Hide & Leather 46'% Jun 97 114% 16% 20 55% Mar 22 Oct *113 22% 20 Co 45% Aug 25 Nov 5% 114 *95 97 114 1,600 82% 36% 112 15,600 55% 44 American Export Lines Inc 48 Jun *79 112 150 3 76% 62 10 American European Secur Jun 3% 37 3 75% 16% preferred series B_100 Distilling 7 46 83 4,500 2,500 62% preferred series A_100 $6 36'A 2% 19'/a 76 % 16% Par 17 3'/a 75% 2% 18% *75% 28% 27'% Co com 4 79'% Oct *95 *76% 3 6'A 2% 18 3/4 76 3 75'A 84 34% 36% 114% 3 2% 74 *77 84 34% 114% 2% 74 75% 2% 120 125 61% conv $7 ♦76 ' 3 2% *74'% 2% *118 22% 44 *19% 22'% American Encaustic Tiling 13 2% 2% 125 16% 100 24% Feb 4% Mar 23 *118 5,000 19,400 63% EXCHANGE 25'AMar22 125 *118 125 9% 16% 10 t per share 93% Oct 26'A 53% No par 2a74 Oct 27 52 : 25% 23 No par Sugar com NEW YORK 8'A May 19 9% *51% 26% *62% conv Hirhest 9% 51% 26 16% 3'%% Range Since Jan. 1 Lowest 9% 51% 26 *118 3% 77 84% 37% 116 97 STOCKS Year 194!) 9% 51% 25% 63% 3%% Range for Previous Lowest Cable Cyanamid American 9% 51% 25% 16'% 32% prior preferred American 9% 51% 73% *76% Colortype Co 8 9% 51% 2 5'A *62% No par Co Dec 87 32,900 63'% 25 com 19% 71% July 1.7,00 28% 74 17% 100 Fdry Feb 30 51 % 28 73% 1 preferred Feb Aug 51% 28% *62% 100 15% 25% 51'A 28'A 62% 1 common 39% 19% July 51'A 28% 74% 17% 100 Corp preferred American Car & 7% 51% 27'A 16% No par com 3% Jan 178 39% 51 62% 2 101% Feb Sep 39% 51 28% 29%40 98% 37% 90 37% 78% 3% 3% 11% *73% 100 40 51 27% 10 preferred conv Bank preferred Brake 11 % 100 common Dec Jan 42> 145% 147* *50 51% 7,500 56% 35% 89% 37% 78 3% 50 .43% 55 35 *88% 37% 77% 3% *37 No par 42% 10 28% 39 98% 36 89% 37% 77% 1 43'A 10% *22% com 43 10 29% 40 % 99% 100 43 10% 22% par *39 42% 42% 10% 56% Jan 33% 10% 22% 4% 187% 116 *95 55% 10% 106% 3 75% *76% 36% *29 1 39% *98% Jun Jan 10% * 42% 50 Dec Jun 1 1 preferred Petroleum 69 4% 19% 76% 3 3% ' 77 77 *76% 84 36% 37% *113 118 *95 97 : *75 Dye new__No par convertible 3%% *2% *19% * 10- Agricultural Chemical__No par 6% 9% 52 25% 125 2% *118 100 70 21% " 100 Mfg Common_No 27 172% Mar *39 *51% 28% 9% *51'% 25% " 1 preferred Jan 81 23% Corp common__No par Jun 2% 23% Inc__ & 61% July Oct 23'A 100 Limited American 5 22% No par 26 27 23 No par Jan Aug 15 23 w w Amalgamated Leather Co 52% Oct 66 23% Alpha Portland Cement— 150% Oct 40 22% *39 51% 28 9% 51% 25% *118 2% 23% 40% 52% 29% 9% 51% 25% 125 2% Aluminium 2 40 22% ' 5 conv 27 Aug 16 100% Mar Sep 23% 40% 52 • 29 preferred 3%% 9% Jun Jan Oct 5 23% Co Allis-Chalmers Jun 36 10% July 43 120% July 2,700 3,300 50 Mills Feb 3% 25% No pa? Sep 25% 3% 25% No par preferred Allied Chemical 23 Oct 3% 253/4 common Industries 30% Jun 30% 3% 25% : Allegheny & West Ry 6% Jun Jun 3% 25% Equipment com Corp Jan 24% 3% 25% preferred A__ _100 $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp_No par 19 27 3% 25% 1 preferred Dec 19 3% 25% 5Va% Allen Share* 25% Vicksburg Ry„_. conv Sales tor the Week t ver 8hor& 3% Alaska Juneau Gold Mining Inc ; $4.50 """ 25% Aldens 23 17% 88 sh 3% No par : preferred w w & or Friday Nov. 3 Nov. 2 $ 25% 1 Reduction Inc Alabama Thursday Nov. 1 t per share $ per share 3% Corp Gas PRICES Wednesday 25% Co Adams-Millis Corp Affiliated 42% SALE 2.50 Co Addressograph-Multigraph Corp__10 Admiral I per share 42% HIGH Tuesday Oct. 31 42% 3% " 5 Co_ Express 13% 2% S per share 42% AND . Oct. 30 10 Motors Steel Adams 9 27% Oct 121 Acme Monday Oct. 28 Laboratories 64 40% Saturday • Par 54% Jan 21% May 3% LOW STOCK YORK EXCHANGE per share July 28 27% Mar 35 NEW Highest Co convertible Inc-^ preferred___100 il% 115% 118% 5% 111% 5% 120'A 5% 112 5% 113% 5% 112 113 112% 6 113 15,800 1,070 11 12 (1740) NEW Range Since Jan. 1 Highest Year 1949 9 per S per share 11% Oct 23 13 91 Nov 2 Dec 39% July 26 53 Aur 10 Dec 100% Mar 13 104% May 10 $3.75 107% July 31 117% Jun 8 $4 9 Arnold 49% Jun 69 38% Jun 51V* 94 Jun 101% Oct 114 Armour 13 Jan Jun RECORD 13% Mar 16% 7% July 13% 143/4 Apr Dec Jan LOW STOCK Saturday 19 18 Jan Co & of Illinois com convertible preferred—No Nov. I Thursday Friday Nov. 2 $ per share $ per share $ per Sales for Nov. 3 share the Week $ ver share Shares 10% 10 34 10% 10% 10% 10% 10% 11% 10% 10 % 88 88% 88% 90 90 90 90% 91 90 90% 1,900 49% 493/4 49% 49% 49 49 47% 48% 48% 43% 43 49 4,100 "102% 103% 103 103 103% "103% 103% 112% 111 % 112 par "111% Corp 5 "17% Carpet Co Inc No par Constable S per share 103/4 No par preferred PRICES Wednesday Oct. 31 89 10% "87% No par prior preferred Armstrong Cork Co com 5 No par $0 conv SALE Tuesday Oct. 30 I per share HIGH AND Monday Oct. 28 Par Jan Dec 105% STOCK EXCHANGE 1% Jan 8% 773/4 YORK $ per share $ per share share Jun 5 NEW Lowest Highest Lowest YORK STOCKS Range for Previoua "17% 18 "103 % 113 113 113 "17% 18% "103 103% 18% 113 "17% 18% 113 103 % 113 103% 112% "112 18% "17% " 36,600 "11% 17 % 90 .170 18% 12% Jan 9 "11% 11% 11 % 11% 10% 10% "10% 11% 10% 11% 21 July 13 283/4 Sep 28 Arvin 2.50 "2534 26% 25% 25% "25% 26% 25% 25% 25% 253/4 25 25 21 July 17 27% Oct 19 26% 27% 26% 27 26% 26% 26% 26% 26% 26% 26 3 8 26J 4 6,300 24 July 12 28% Oct 23 Ashland Oil & Refining Co com 1 $1.20 cum conv preferred No par Associated Dry Goods common 1 27% 27% 27% 2Wa 27% 27% 27% 27 % 27% 27% 27 % 27% 1,500 18% 8.700 8% July 13 20% Sep 25 118 Oct 31 6% 1st preferred 100 "116% 118 "116% 118 118 118 117 118 "117 119 "117 109 Oct 19 7% 2nd preferred 100 "106 108 "106 108 105 107% 106 106 "105% 106% "105 % 45 46% 46% 45% 104 Dec 98 30% Feb 50 3/a Nov 39% July 12 59% Mar 2 Associates Atch Topeka & Santa Jun 105% Jan 100% Jan 16 135% Oct 2 97% Jun 105% Nov 103 % Jan 27 110 % Sep 19 10% Dec 5% Investment 18% 10 A 213/4 Jun Atlantic City Fe com "45% Electric Jun 47 Jan 13 61% Oct 18 Atlantic Coast Feb 73 Dec 68 Jan 28 84 23 Atl W Feb 94 Mar 86 Jun 27 93% Aug 31 30% Jun 42 3/a Dec 363/4 Jan 24 71% Nov Jun 1123% Dec 1083/4 Feb 131% Oct 6 1523/4 Oct 23 Jun 102" 993/4 Jan 5 103 Oct 17 Preferred $3.75 series 20 Jan Aug 22% July 13 253/4 Feb 7 Common Feb 323/4 Aug 115% Oct 7 100 2 4% 15 Sep Noc 31 Atlas 9% Oct 23 Austin 121% 128 24 % Oct 159 1 3 Nov 3 G & 5% Atlantic 4% 108% 14% 10 5 Feb 2 July 7 Line Atlas 18% 15 Feb 1% Sep 6% Jun Feb 153/a Dec 143/4 Jun 29 Feb 28 4% Jun 5% Jun 29 8% Apr 25 10% July 11 143/4 Jan 12 Automatic Avco Mfg Corp Jan 8 17% Mar 30 16 10% Nov 4% Jun 7% Jan 53/4 Jan 3 9% Apr 18 34% Jun 44 % Jan 373/4 Jan 4 53% Apr 18 1263% 121 % 124% 123% 125% 124 125 108% 1083s "108% 1083/4 108 % 103% 103 % 108% 800 13% 13% 13% 14 13% 14 13% 13% 4.290 18% 19% 122 18% 19 19% 19 19% 19% 19% 19 % 19 % 2,800 5534 56% 56'.4 57 5.000 82 % 82 % 54% 83 95 102 "24 673/4 66% 56 81% 56% 54% 55% "90 150 1 500 14% "81% rl493/4 7G 230 46 127% 83 ___10Q (voting) Jan 4% A__100 B 18% 81% "80 83 "81% 84 95 "89 95 "89 95 "89 65 r% 68 54% 55% 65% 67% 67% "89 70% 67% 70% 71% 146 149% 146 146 153 155 157 159 102% 101% 102 101% 101% 101% 102 102 102% 24 24% 23% 31 31% 50,200 150% 101% 151 149% 24%. 200 95 rl49% 150 149% 102 8,700 1,320 140 24 VB 24 23% 23% 24 23% 710 24 5,400 32% 3,200 Powder— 13% / series 18% 108 :,4 95 67% 46 18 14 "81% 25 18 17% 18% 45 "89 5 20% * 55 1 100 Corp 105 28 No par common preferred preferred Dec 110 RR Lines SS Refining common conv Atlas 28% Sep I non-cum 45% 125% 108% 14 % 17% 13% 45% 108% Preferred A called— 93% Dec 106 41 % 100 Co 77 Jan 45 100 T F Inc 63 32% 18% 18% 10 15% May 18 12 Co preferred non-cum 10% July 13 17% July 27 Jan 15 700 106'% 45 1,200 119 4 Dec 101 % 80 1134 3 Mar 10 109 Apr 15% Inc__ Mar 15 Apr 87 Feb Industries Apr Sep 95 11% Artloom 27% 27% 27% 27% No par 8% 8% 8% 8% No par "15 % 5c 7% Amer___5 "133/4 3 7% 7% preferred——No par "45% 46% 13% common ($1.20). Co Canteen conv 30% "110% 112 "110% Conv prior pref $2.25 31 100 No par ser A Corp Nichols Autocar 31 __20 convertible pfd Tack Co (The) of common 112 16 31% "110% 28 27% 2734 8% 8% 8% 8% 16% "15% 16% "15% 15% "15% 111 111 112 112 28 28 28 28 7% 13% 13% 13% 13% 13% 13% 7% 7% 7% 7% 7% 7% 45 14 32 8 % 3% 112 7% 7% 32a4 32 111 27 16 "15% 30 30% 111 45% 44% 45% 44% 44% "44% 7 7 7 IVs . % 8 80 1,300 8% "15% 1,400 1534 ■ ■ 7% 6% 6% 13% 13% "13 % 13% 1,500 7% 7 % 7% 73/8 37,700 a 44% 4434 1,700 13'% 7 4*. 1,800 B lb Nov Jun 12% Jan 9% July 7% 1 Jun ll3/e Jan 9 Jun 15% Jan July 28 15 8% *13 5 Jun 25 72 July 38 Jun 53 Dec 15 Sep 21% Jan 36 Jun 41 143/4 29 173/4 Feb Jan i"60% Jun 27 17% Jun Jan 22% >"14% Jun Jun 25 15% Aug 3 16% Oct 19 ' 34% Oct 11 Oct 11 28 3 Babbitt B T Inc.— Baldwin 12 74% Aug 17 39% July 13 573/4 Nov 3 Barber Oil 15% July 12 203/8 Feb 8 Barker Brothers 39 Jan 5% 36% Jun Oct 14% Jan 3 9% Jun 30 253/4 July 26 13% Jan 9 Bath Jan 26% Nov 33% Dec 29% Jun 29 34% May 17 87% Feb Dec 98 Feb 9 Jan 15% Mar 25 20% 123/a Nov 21 Jun 74 Jan 108 May 11 29% Oct 20 30 29% Oct 20 3%% $1.50 div cum 86% Nov 3 90% Oct 21 6% Jun 10% Jan 73/4 Feb 7 Beech Aircraft 32% Feb 29% Jan 12 12% Aug 32% Feb 1 Jun 6 Beech July 13 34% Jan 5 Mar Mar 28 Beck Shoe Bell & Oct 98 Mar 100% Oct 5 Nov 20% July 27 26 3/4 May Dec 81 Sep 12 90 1 Jun 26 23% Feb Jun Jun 9 Jun 31% Mar Oct 22% 3 Beneficial 30% Oct 3 25 17 % Jun July 13 9% Jan 22 $ per share share 30% Jan 15% Nov 13% Jun 27 14% Dec 11% Jun 27 15 Dec 13% Jan 4 18% Jun 253/i Mar 22% Jan 25% Apr 26 34% Oct 24 173/8 Oct 18 143/4 Jan , 5 5 Bliss & 19 Boeing Bohn Aug 64 Jan 43% Aug 1 60 Jan 10 Bon Aug 32 % Jan 133/4 Oct 30 x24% Jan 12 13% Nov 19% July 12% July 13 17% Oct 19 51 Dec 45 July 17 42% Apr 91% May 59% Dec 55 Feb 98% Dec 97% Apr 1 1% Mar 2% Jan 1% Jan 30 513/4 Apr 4 73% May 26 15 101. Aug 4 33/i July 27 22% July 28 25% Oct 23 6% Jun 14 10 % Aug 1 25 % Jan 47 % Jan 27 32% Jan 26 6% Jun 93/a Apr 73/4 Mar 10 13% Oct 25 21% Jun Jan 27% July 13 36 % Jun 12 183/4 , Jan 9 Jan 29% Mar 95 Jan 39 Dec - Jan Jun 24 19 3/i Dec 120 1023/4 Feb . 125 ' *7% . Jun 26% Jun Feb 29% 133/4 Apr . 13 % Jun 7 Jun *97% Jun , 6% , 3 20% Jun ' Jun 1 40 20 Dec 17 Jan . 34% Jan Jun 4 Dec Nov 91 July Dec 80 Dec 82% Jan Jan Dec 27'% 27% 27% 21% 27% 2,700 No par "27% 28% 27% 27% "27 28 28 28 "27% 28 % "27% 28% 900 90 89 Vz 89% "89% 90 89% 89% pfd pfd 100 8 • 18 ; Mar 31 (Del) 33/4 Jan Jan xl7 101 X21 102 Sep 20 92% July 25 Borden 31% 31% 32 17 16 S/8 16% 16% 16% 16% 16 % "16% 17 20% 20a/« 20% 20 % 20% 20% 20% 20% 21% 2,000 "19 19% 18% 19 % 18% 18% 18% 18% 18 34 18% 18% 1,300 "99% 99:% "99% 99% "99% 9934 "99% 99% 473/B 403/4 47% ' 44% 47 48% 47% 14% 15 14% 14% 14 % 14% ' 23% 23% 1 45% "150 % 30% 29 % 29% 18 17% 17% AND HIGH 30 "17% 17%, Co Oct 5 "34 % 34 % 16 1534 16 % 5,300 13 % 13% 13% 4.100 17% 17% 17% 17% 17% 17% 17% 17% "17% 17% 2,500 35% 36% 35 36 X33% 33 % 3314 33% 33% 33% 26,500 30% 30 31 29% 29% 29 % 29 % 30 30% 29 29% 5,800 46 47 45% 46% 45% 45% 45% 45% 45 45 3 8 45 % 43% 14% 14% 13% 14% 13% 14 13% 13% 13% 13% 13'% 13% 660 16% 16% 16 16% 15% 16% 15% 1534 1534 16 15% 15% 11,500 is 50% 51 51 51% 50% 51% 50% 51% 50% 51% 7.200 66 7,660 (The) Corp common ! preferred Brooklyn Union Gas cum Bigelow Co Co conv May 40 Jan Oct 16 Nov 5 43 % 2 20% Feb 15 20% Oct Oct, 9 8% 9 % 9% 9 % 9% 21 % 21% 20% 20% "21% 12% 12 % 12 % 12% 12% 12(4 I234 9,000 31% 31% 31% 30% 31% 30% 30% 30% 30% 30% 30% 5,200 "28 28% 28% 28 28 26% 26% 26% 26 3/8 26% 26% 10334 "103% 1033/4 "103% 10334 36% 36 % "36% 36 Ya "36 37 50% 50% 51 "50% 51% "36 50% 37% 28% "50 50% 13% 133 4 51% "53 103 % "103 "103 13% 13% 12% 55 "53 103% "103 "28 26% "103% 28% 27 103% 13 12% 12% 55 53 53 103 % "103 103 % 28 23 23 22 28 500 27 5,500 27% 27% "103% 103% "103% X35% 3o% 3534 36 "51 51 % 51 51 12% "52 "103 27 103% 13 12% 12% 53 53 53 103% "103 200 1,200 300 7,700 300 103% 20% 20% 203'a 20% 21% 21% 17% 18% 17 % 17% 173/4 18 17% 124 "123% 124 "123% 124 30 16% 1-7% 16% 17 37,800 95% 94% 95 400 124 124 "123% "17% 17% "94% 9534 125 "17 "123% 125 124 17% 16% 17% 16% 17 "94% 9534 9434 943 4 94% 9434 "94 21% 17% 37% 37% "37% 37% 37% 37 % 37 37% 37% 37% "37% 22% 22% 21% 22% 20% 21 % 20% 213/8 20% 20% 20% 21% "36% 37% 37 37% 36% 36% 36% 36% "36% 37% 37 37 24% 24 24% 23% 24% 23 % 99 98 98 "97% 97% 983/4 87 1 24% * "97% 100 97% 100 "82 14 par 9% preferred__100 "125 15 Zinc 98% 87 "82 14 14% 9% 13% 12% 88 88 88 X23% 24 23% "97% 99 "96% 99 "96% 98 "95 97% "95 97% "82 87 "82 87 "31 86 14% 9% 23% 1434 9 14% 9 125 126 125 24% 9.9 "95 14% 9 126 13% 100 125 143/fl 14 % 14% 20 97 800 86 14% 14'/a 9 9 9 9 125 "124 125 12% 13 12% 13% 13% 13% 86% 88 86 86 85% 86 600 13,800 "95 "124 13% 700 4,000 "81 9 88 . 9,300 99 125 8% "124 38 3,300 13% x85 12,900 3,200 20 13% 9,500 85% 210 6% 5,800 ' 5 6 % No par "21 % preferred—^100 Co 300 20% 100 "102 No par "24% 6% 6% 21% "20% 103% "102 25 6 3/8 24% 47% 52 % 20% "102 25 47% 47% 52% 6% 21% 103% 48 6% 6% 6 % 20=% 20 102% 102 24'% 20% 102 6% 20% "102 6% 20% 103% 6 % 20 V2 "102 20% 20 "24% 24% 1,300 24% 24% 47 52 3a 3 2% 47 52% 52% *52% 52% 2% 2% 8 Cons *52% 2% 1 8% 8% 8% "23 10% , 23 % 23 10% . 10% 1,400 103% 234 2% 2% 2% 3 2% 3 89.400 8 8% 8 8% 8% 8% 8% 8% 21.500 46% 24% 47 24% 25 47% 47% 47% 47% *52% 52% "52% 52a4 1 ___ preferred Canadian Breweries? Ltd-, Pacific 15 % Dec 13% Mar 30 2 Canadian 51 Dec 43 % Apr Oct 9 16 3/4 Cannon Dec 14% July 13 18% Jun 9 Capital Admin 56% Nov 52 57% May 15 For footnotes see page 22. 9% 20% 12% 18% common Canada Southern Ry Co $3 8% 20'% 12% *■ ., 23% 10% 22% 10% ' 2234 22 % 10% 10% 23 10% 23 10% 23 "4 2,300 90 23% 3,000 10% 10% 10% 8,800 102% "101% 102% 23% "" conv Jun 14 7,500 9% 2034 "103% Copper—.*_5 Campbell W & C Foundry No par Canada Dry Ginger Ale com.—1.66% Jan Sep 9% 9% 12% 20% Zinc-Lead 10% 58 1,400 18% preferred 40% 3 24% 5 common 120 1,500 24% No par _ $4.25 25 2034 51% Calumet & Hecla 2* "24% 2% 20% common Jackson 25 % 100 % 2 93/a J & 24% 65 100 2 % 18% Terminal ( A M) 25 % 25 66 20% preferred participating 9% 20% preferred Bldg 7% 2% "18% Inc_ 2nd 2% 100 12% No par 1 ! 3%% 2 % 2% 65'% 100 21% No par — 3%% 99% 31% 100 w_ Co Copper 25% 65% 99% 5 common Co Bros 2534 64% No par 1 preferred Buffalo Forge Co Term 25% 66 100 080 12% No par . 64% 2% 15 common common $5 Watch "2% 5J.% 5034 "99% 67% 100 2% 1 Inc preferred— (The) 9 17% 21 % 40 30 22 "25 No par com preferred conv Jun 28 2% 100 16% Feb 700 3634 8% Oct 24% Sep 12% Feb 34% 36% Jan 106 34 30% 53/8 27 for Shares 15% Jun July 14 Sales the Week $ per share 13% 3% 8% July 13 Friday Nov. 3 $ per share No par A_ 3 3/4% Byron Thursday Nov. 2 share 133/s Airways Inc 2.50 Brewing Corp of America 15 Bridgeport Brass Co No par Briggs Manufacturing Corp__No par Briggs & Stratton No par Bristol-Myers Co common 2.50 7% Ncv. 1 $ per 15% Braniff Byers Co Wednesday 33% 66 % Butte 109 "17 % Bush 5 600 4,600 17% 13 % "99% 4%% 30 15% 67 Butler 2^% 33% 100 23 . "17 18 3,500 103,200 5 Bush 24 33% 29% 35 443 4 149% PRICES Oct. 31 $ per share 29% "17 „ 13% 66% Budd SALE 18 44 149% 15% 33% "99% $3.60 29% 45 % 150 5 Brass Burroughs Adding Machine__No Sep 13 33% 29% "17 34% 35% x44% "149% ,_^1 & 5 24% Jan "32% 35 46% 15034 Tuesday Oct. 30 9 per share 35 % 453 4 149% 1.100 2.50 Co__ 3 28 Monday 46% 151 300 29% 29 34 California Packing common—No par 5% preferred 50 30 % 35% 35% 48 % 1513/8 29% 25,500 15% Callahan Mar 35 % 463/s "150% "28% 1% 13% 12 60 47% 28'% 4.000 85 1% 33% 26 12y4 Mar 36 35% 35% 151 28 "83% % 16% Sep 18 21 28% 1 13% Sep Jan 28% 1% 15% Jan 16 % 29% 85 "83 13/8 13% 3 41 28% 23% 85 1%- 2.200 13 % 52 Jun "83% 1% 10 16.000 16 55 35% 23% 35 % 1% / 13% 5 17% Jun 233;, 23% 85 500 16 50% Aug 11 13% Feb 8 94 23% 23% . 1,100 1 34% Feb Feb 14% 1% I per share No par Oct Jan 30 "17% No par Apr 28 46% 14% 23% Oct. 28 Dec Feb 4534 14% 85% Saturday 2 4 "99% 46 14% 1% 5 Oct 27 99% 44% ' 23% LOW 36% 12% 47% 151 No par No par 58 22% 35% No par ; 85 % 29% 24 105% Jan > 99 % 18% 99 34 23% "28% Jun 109% Mar "31 88 1% May Jan 23% "85 15 1% ' Feb Sep 14% 18 pesos 1 9% 47 1946_No par Inc Borg-Warner 5% 370 20% 3%% preferred 100 Boston & Maine RR (assented)__100 Bower Roller Bearing Co _5 Oct 7 31% 1,700 "31% 33 %c Mfg Co Burlington Mills Corp 4% preferred 2 Aug 17 Oct 30% 31% 70 10 30% "16% STOCK 25 88 13 26 Stores 15 July 12 Sep 15 Apr Bond 127 7 10 31 17% 100 Bulova 9 % Jan 10% 30% 21% 5 com Bullard 153/4 May "10% 32 100 21 100 % 90 89% 10% 31% 21 30 98 32 10% 80 10 : 25% Sep - Mar 29 693/4 Mar Oct 90 "89% 800 104 104 "17 62 " "89% ' ' . 1 38% Oct 108% July 12 8% July 12 Dec Jan 27% 24% Oct 21 3 12% July 13 May « 27 31% July 3 17% Mar 30 26% 27% Bucyrus Erie Co 7% preferred 126 Dec 24% 27% Brunswick-Balke-Collender 12 105 273/4 11 25 4% Mar * 2 7 3/4 27 3/i Jun Feb, ' , July 10 97% Oct 82 Jun 27% 20% Jan 18 Dec Jun "27% 25% Feb 3 11% Feb , 104 3 Jun i 98% 2.50 *.i No par Shoe 12% Jan 163/a 104% ■ 1 class Co & 26 18% Ami Brown 74% Jan 122 "103% Class B Brown Oct 9 v •103%* 104% Laughlin Inc 1 Dec ' 104% __1 Airplane 24 Nov 121% Jun Jun 60' 17 Sep 91 "103% ^ Aluminum 14 13% 84 ' 104% Co 14% Oct 16 19 % Jun 73 Feb 95 Apr 104% Co Jun 53 18% July 14 15% July 17 36 4 May 70% . 100 35% Jun 77 53 76 61% July 12 % . ' Dec 18 44% May 17 10 July 12 36% Mar 2 Dec Jun 105% Jan Apr 20 313/4 July 13 48% Sep 26 Dec 13% 29% May 19 29% Jan 6 23 % Mar 24 100 Dec 40 Jun 25% July 14 Dec 12% 1 20 Nov 15% , 73/4 Feb 8% Mar 33 104% Appliance Decker (E W) 13 29% "104% —— Blaw-Knox 38 % Oct 105% 31% Co— Black & 31% Sep . 31% Indus Loan common—10 Bliss 3 Jan 31% Par 223/4 Mar 25 Oct 31'% EXCHANGE Jan Jun 31% Co NEW YORK 27 25% 31 % Carpet Birmingham Electiic Co Aug 98 31% $ per share Jun 20% 31 % 8 STOCKS Jun 32 31% preferred Bigelow-Sanford Range Since Jan. 1 Lowest Highest 383/8 Mar . 31% Foods 18 , 32 1% 50 , "31% Best Jun Jun 3,700 12.50 Bethlehem Steel 8% 9% 2,300 10% 30 10% 21 20% 10% 26 223/8 ;i7% Jun 38% "20 10% Oct Highest $ per "37% 20% 10% 48% Oct Year 1949 Lowest 38% 20% 10% preferred Range for Previous 9 per share "37% 20% & 23 "37% 38'% Best 11% Mar 38% 10% 21 152 "37% 20 31% Oct 13 "37% 38% 10 5/4 39% May 26 20 38% "37% 20 25% July 14 21 2,100 10% 31% Apr 30% Jan 18% 20 Cum pfd $3.25 ser of 139% Jan 18% 10% Benguet Consol Mining Co Dec 18 34 20% 11 Jan 141 "18% 10% 23 33% May 23% 129% 18% 18% 20 Feb Dec 18% 18% 10% 2% Jan 36 18% 18% 1,100 20 3 common Aviation Home 23/4 July 27% Oct 18% "18 34 ' 4%% Bendix Bendix 85 25 Co May 15 27% ,f Howell 523/4 Aug 31 Jan 5,700 10 3 4 Corp__ 16 Dec 5734 "31 18 Feb 54% 31% 193/4 Oct 1% 5434 "31% 4 21% 54% 10 12% Jan 73% 53 "31 Feb 4 52% 10% 17 10 53 31% Aii craft 13 52% 103/8 Bell Feb 54% 30 24 23% preferred—100 Packing Belding-Heminway 9 % Jan 20 52% 31% 21 34% Jan 70% 103/4 23 x85 "68% 31% Oct Jan 70% 10% 18% Oct Dec 23% "68% 31 23 11 23% 70 10% 1 373/8 30% 23% "68% 32 3 Apr 29% "233/8 69 103/8 12% Feb Jun 30 5 4 243 4 68 "31% 13% Jan 6% 29 235/8 71 1 Feb 85 15,000 31% 25 "68 50 Jun 26 30% 30% . 20% 4%% 16% Jun 31 3,700 15,400 25 31% 24% Corp 16 11% 30% 31% 24% RR— Creek Jun Feb 34,500 • 1 conv ,U% Jun 10% 14% 1 No par common 7 30 V2 13% 14 10 common S) (A 12% 143/4 50 Corp Beech-Nut 89 13% 14% 55 Inc 27 % 13% 13 14% 55 Inc— Mills 13% 13 % 13% 10 convertible Beaunit 13% 12% 14% 71 Works Cigars I334 1334 13% 100 preferred Iron 13% 13 143/4 "69 Beatrice Foods Co % 13% 13% 13% 50 Mar 153/8 173/4 4 % 13% 13% 100 common Feb Bayuk 13% 13% 14% (Delaware) Corp Jun 26 13% 13% 14% preferred 9% 101 27 Convertible 11% . Works common 4% non-cum preferred Bangor & Aroostook common Apr 63 13% 13 100 l Locomotive Baltimore & Onio Mills "102 —100 "42 43 "18'% 18% No par Ry_ __ class preferred A No par _ 25 18% 19 102 ■ . 102 *42 102% 43 18% 18% " *101 ■%. 18% 19%" 102 % 101 "42 43 18 18 18% 18% No par 1 *53 55 "53 54% *16% 17% "16% 17% *16% 171% 10 *54 55 *54% 55 *5*% 55 A common *53 " "55 " 101 "101 *41% 43 43 43 *16% 17% 16 16% 18% 18% *53 55 * 18 1634 55 55 18% 18% 54 54 "42 16% 43 70 20 16% 1.100 18% 19% 52,300 54 54 *16% 17% *16% *55 55% 55% 55 % 200 17 % 70 Volume 172 Number 4957 . . . The Commercial and Financial! Chronicle NEW Range Since Pear 1949 Feb 5% 8% Jan Oct 14 * 100 Jan 108 Feb 26% Jan 33 Dec 27 '/2 25% Jun 35% Jan 12% Feb 12 13 30 % Jan 18 20% May 11 Carey 1 July 27 (Philip) 45% July 26 Carpenter 18% Carrier Sep 15% July 13 34 '/a July 25 21% May 20 37% Feb 8'A Nov x7% Mar 13 39% May 18 10% Jun 16 Carriers 30 Jun 45% Nov 35% July 13 54% Oct Case 146 140 156 Jan 3 26% Jun 37% Dec 32% Jan 27 48 Aug 104% Dec Xl03% Oct 18 106 Nov May Oct 25 105% Dec 104% Jan 3 Jun 132'A Dec 130% Jan 13 141 Jun 26% Jan 13% July 13 21 13% 29% Mar 21 15% Jun 18% Jan 15% July 14 14% Jun 17 Jan 15 7% May 3 11% Mar Jun 17% Apr Jan 4 Jan 24 % Jan 15 Jan Dec 33% Nov 36% Dec 104 % 30 15% 15% 15% 108% *108% 108% 108% *28% 29 28% 29 28% 28% 28% 29 *43% 44 43% 43% 43 43 42% 43 *17%. 18 *36% 37% *36% *9% 9% *9'A 9% 25 51% 52% 49% 52% 10 1st Celotex 5% 18 Central Aguirre Central 19 Central of Ga . Co vtc Ry 2 Central 113 Feb 27 25 Oct 4 Central RR 24% Oct 3 Class B 17% 17% 17% *8'A Central & 12 Central Violeta Century Ribbon Mills 21% Jan 17% Mar 30 26% Sep 18 Cerro Jun 16% Dec 11% July 26 18% Apr 29 Certain-Teed 22% July 18% Jun 31% Nov 34% Nov 3 Chain 31% Dec 30% Jan 3 46% Oct 7 Jun 98% Dec 98 5 Champion Paper & Fib com__No par $4.50 preferred No par .5% Aug 9% Dec 34% Nov 85 Jan 25 July 5 33% Oct ' Feb 76 Jun 30 86% Apr 5% Jan 4% Feb 15 May 9% Jan 3 Jun 8 Jun 9 Feb 7% Feb 13% Dec 11% Jan 12% Jun 20 % Nov 19 % Jan 5% A. \ - 14 Jun 3 Jun 4% ' 12 Jun 17 Dec 10 3 15% Apr 19% Nov 10 13 3 32% Oct 3 7% Jan 3 13% Oct 19 Jan 4 Jan 5 7 7'/a Jan 13 8% Aug 17% Oct 13 27% Mar 30 46% Oct Dec 15 Jan 11 Jan 3 19 Dec 36% Jan 27% Jan 3 43% Oct Jun 29% Mar -24 26 % Jun Oct :11 25 49% - Jun 55% Dec 53% Jan ,17 61 Sep Jun 41% Dec 36% Jun 47% Sep 22 Jun Dec May 13'A Nov July-12 11% July 26 Jun 10 82 .16% Jan 13% Jan 4 Jun 5% Jan 3% "Feb 14 3 X13 , ' 77- 13% Apr 35 Jun 30% 60 Jun •' Jan 45% Jan 36 Dec 44% Jan Dec 7% Jun 29% July. 19 68% 19 8ep 11 19 62% July 13 75 22 Oct 7 .-42% Sep' 26 84% Oct 9 Mfg preferred 20 22% 22% 2,100 21% 21% 22% 2,100 13'A 13% 13% 13% 13% 13% 13% 13% 13% 13% 12,300 19% 19% 19% 19% 19% 19% 19% 19% 19% 19% *8% *8% 8% 8% 8% *8% 8% *8% 8% 100 24 24 % 23% 24% 24% 24% 24% 24% 5,400 14% 14% 14 14'% 14% 14% 14 % 14% 18,000 13 % 19% 24 % 14% 14% 14% *32% 44% 33% 45% 33% 33% 44'% .32 31% *31 8% 8 8 Highest 5 per share $ per share 26% . Apr 32% 31% Jan 105% Sep Feb 29% Dec Jan 59% Dec X20 42% 6% 79% Feb 8% 103 'A July 30% 31% v 26 Jan Dec 6'A Jun Sep Dec 16 Jun 19% Oct 28% July 10 16% Feb 16 20% Jun 30% Jan 24 82 138 85 Mar 20% 105 43% 112% Jun Jun 28% 72 Dec Oct Dec Jan 8% Jan 3 93 34 i ■ 1 Aug 61% Dec 73 Feb 36% Dec 43 10% Aug 15% Jan 12% Jan 24% Jun 35% Dec 29 % 18% 18% 18% 18% 19% 19'A 19% 31% 12% 7/ 16% 31 31% 31% 32% 31% 32% 15% 16% 15% 16% 16% 16% 16% 16% 37,900 41 38% 39% 37% 39 39 40 39% 40 35,700- 17% 41% 36 57% 44'% 16% 16% 17% 16% 17 9,400 40% 41% 39% 40% 40% 40% 40% 41 7,700 35 35% 34% 35 35 35 35 35 *56 57 *56 57 *56 42 43 43 83 82% 83 82% 12% 12% 12% 12% 17 16% 16 % 16% 6% 6% 6'A *70'A 16% - ; 6% 31% 12% 6% "16 x39% 16% 40% *35 *56 42% " 81% *12% 16% "0%. , *16% ~ 10% 10% 10% 10% 10% 10 17% 18% 17% 18% 18% 18% 18% 12% 11% Dec 105% Dec 3% July 5% Jan Jun '0% Feb 133 19 Oct 17 30 13 5% 107% May 29 3 72 Mar 25 4 43 Mar 14 22 Cleve 11% 16% 12 12% 16% 57 42% ■; Molybdenum. Foods 30% Oct 18 Feb 18 7% 83'A Oct Mar 27 5 4 4% Sep 134% July 27 ";2% Jan 70% July 17 xl24% Jun 172 Sep 119 July 13 165 Jan 3 1075 Jan 1075 Jan 974 July 31 1004 Oct 27 46% Oct 28 143 29% Feb •,8.9 xl3% Jan Feb 17% Jan 12% Jun 19 Jan 14% July-17 14% Mar 30 17% Oct 31 19% Oct 19% Jan 16% Feb 15 23% Oct Dec 13 7% 22 Aikman Corp Colo Fuel & Iron ■ 17% Dec 16% Jan 13 Jun 16% Dec 15% Jan 13 33% Jun 5% 9 Jun 29 % Dec 25% July 11 40% Oct 11 Jun 28% Dec 25 40 Oct Jun 13 Dee 7% Feb 13% Oct 4% 48% Mar July 12 11 July 26 10% July 12 68% Sep 57 26% Jun 32% Oct 30% Jun 18% Jun 22% Sep 18% Oct 21% Feb 27% Dec 46% Feb 60 % Dec 13% Jun 20% Dec 25% Jan 29 Gas Columbia Pictures 72% Oct July 11 Columbia 13 24 Oct 18 39 26 22% Mar 6 30% • Dec 7% Jun Jun 30% 2% Jun 4% Jan ,21% Feb 29% Dec 27 '/a Nov 10% Aug ,24% •25% X106 Nov . Feb 34% 15% July Dec 67% Jun 1 21% Jan ' 3 5 2 33% Mar 16 35% 35% 80 ; 77% 88,600 74 LOW * Commonwealth AND HIGH SALE Tuesday Monday , Edison Feb 6 3 Apr 109 Oct 33% May 19 Consolidated $5 Cons Gas 112% Sep 27% Jun 19 117% Apr 28 105% Sep.26 12 Preferred i_No 4%%, series series C 14% Jan 10% July 13 14% Sep 25 Consolidated 11%, Sep 12% Jan 28 47% Feb 6 24% Oct 11 38% Jun 46'A Mar Feb 21% 15 10 Jun Jan 12 % Mar Jun 27 8 Jun 10% Dec Jun .7% 12% Apr 29% July Consol RR of Cuba 6% 17% Sep Consolidated 36 May 113%. Dec 29 July 12 110% Mar 30 113%.May 12 $4.50 110% Dec 108 111 $4.52 "27% Jun 41% Dec 93 Jun -13% Jan 85 „ Jan 30% Jun 95 Jun . 103 . 17% X98 3 101% Jan 63% Sep 11 14% Apr 24 Dec 6% Jun 9% Dec 56% Feb 78% Dec see 88 8 106 Consumers 4 28 3 July 17 50% July 13 Mar 15 19% Jan July, 28 30% July 25 102% Feb page 22. Mar 16 Jan 100 . 24 Jan ,24 41% Jun 23 107% July 19 11% Oct 24 78% Jan 11 17% 35% *142 88 *85 30% Textile Power'Co Co com *85 , Diamond Fibre 88 17% 18 1,300 3,100 160 88 *85 41% 40% 41% 41% 42 41 % 41% 110% 110% 110% 112 111% 111% 30% 29% 29% *29% 30 *106% 106% 106'A *106% 107 106% 440 300 107% *106% 70 *70 70'A *70 70% *70 70% *70 42 *40 42 *40 41% (*40 41% *40% 41% 25 25% 24 3A 70 / 70% 25'% 23% 25 23% 24% 24% 25 1.0 24,800 33% 33% 33% 33% 33% 34 109'A 33% 10.9 109% 110% 109% 109% 109% 109% 110 1,060 3% 3% 3% 3% 3% 3% 3% 4 *3,000 28% 28% 28% 23% 28% 28% 28% 135'A 135% 135% 135% *80% 81% *80% 125% 125% 4 *3% 28% 28% 136% 136 136 82 126 *975% *80% 126 *80% 125% — *975 — 33 % 33 % 34 136 81% 126 111 126 127 160 17% 18 22% 22% 22% 27 27 28 28% 28% 29'A 29 29 30 19% 20 19 19% 18% 19 '/a 19 19% 18 18% 17% 18%< 17% 17% 17% 18 22%' 18% 17% 22%- 22% 22% 26% 27 26% 26% *26% 28% 28 % 28% 28% 28% 28'A 28% *28% 4,100 " 18 22% 27% 16,200 ' ' 200 1,900 '4,500 100 23% 130 127 19% 46 *99% 18% 125% *. 99% *45% 100% 27% 81 46 45% 100 22% 3,800 137 81 19% 45 100% 27 *136 99%' 45 % *100 22% 28 % 45% 45 100 46% 2,500 *975 *975 *975 „ 81 99% 46 18% V 18% 3,700 30 30 *40 20% 5,300 3.400 35% 353/8 *142 70 100 • 30% .*1,300 " 4,100 630 2,560 33% 32% 33* 32% 323A 33% *32% 32% 32%' 32% 32% 32% 900 12% 12% 72% 12% 12% 12% 12% 123/a 121/8 12% 21,000 12% 12% 11% 12 12% 12% 12% 12% 12'A 12'A 2,000 72% *71% *71% 72% *71iA 5 par Inc 1 No par $5.50 preferred __r ►No par Continental Can Inc common—_20 Continental *85 88 18% 35% 160 8 89% 30 33% "com—20 4% preferred _ 100 Continental Baking Co com__Nopar Continental Insurance 35% *142 7% *88% 12% No par No par preferred preferred- preferred 18% 35% 160 7% 89% 30% 110% 30 106 "A 106'A 30 18% 35% *142 88 *88% 41% 111 *30' *18 18% 35% 160 7% 89% 30% 30 110% 41% .41% 7% 7% *88%- 89% 31 33% Container Corp of America $3.75 31 17% *85 7% 7% *88% 160 *110% 46% - . 18%, 33% 19 „ 51 19% 27% , " 9%, 23% *32%, 5% 29% 107% ' —No par 5 10 200 74 71% 71% 37% 36% 37% 37% 37% 38 38 % 5,000 18% 19% 18% 18% 18% 19 19 19'A 7,100 1 - . 8,700 33% „51% 33% 33% 32% 33% 32% 33% 32% 33 32% 331/4 50% 51% 50 5OV4 49% 50% 50% 51% 50% 51 19% 19% 19% 19% 19% 19% 19% 19% 20% 19%' 20% 19,700 27% 28% 27% '27% 27% 27% 27% 27% 27% 273% 24,300 28 9% 23% 32% 5% 29% 107% 24% 24% 113%, 113% 106% 13% 13% 10%. 10% 45Vs. 45% 21% 21% *12% 12% *106% *12% 72% 9,700 37 "38 37% 19 32 200 19% X72% 38% 38 13 15%, 16% 30% 30% *110% 111 *108% 109 , " 61% 61% ' Dec 37%' Dec Pot footnotes 38% Jan 36 15 Nov Dec 102% Sep 16,800 32% 1 Apr 47% 12% 10c Apr 47 34'A Inc 105% 47% 34 Consolidated Vultee Aircraft 103% 47% 12% 15 pfd_____100 Consolidated Retail Stores 22 47% 33% Consolidated Natural Gas—, 17% July 26 10% Jan,25 47% 33% Cdrp___1.33% 5 Grocers 13% Aug 16 10% July 13 9% Mar 8 47% 34 33% Consolidated Laundries Corp ,11% 1,300 47% 34 33% 100 Feb 9% July. 5 40% July 28 323/8 *28% 100 B_ 8 ' 32 28'A common_____No par Preferred 4% 108'A May 24 32% 35% 35% — 110 32% 7% J 7% 81 125% 5,400 A" 32% 89% *142 • Shares 321/4 105% 29'A No par ►No par Jun 32 28% 25 Co 11 $ per share 105'A 32% ' 9% 10 9% 24 24 23% - .*103% 104% 17%, 17% *96%, 97% 35% 35% *104 106 11 ,11% 66%, 66% 8,200 " *9% 10 10 10 10 10 23% 23% 23% 23% 23% 23 3A 23% 2,300 *32%, 5%" 32% 10 2,300 5% 5% 5% 5% 9G0 23,300 29% 29% 29% 30% 29% 30% 30% 30% 30% 30% 57,100 107% 107% 107% 107% 107% 107% 107% 107% 107% 107% .1,100 24% 23% 24% 10,700 32% 32% 32% 5 51/4 5 5 5 ; 10% 24 24% 24 24% 32% 32% *113% 114 113% 113% 113% 113% *106% 106% 106% 106% *106% 106% 13% 13% 13% 13% 133% 13% *10% 10% , 140 113 - 113 113 106% 113 *106% 13% 24 24 % 24 32% 32% 32% Elec Lt & Pwr Co Baltimore of 105% 28% Co__^Nopar —___' 32 105'A 32% 31 30% 30% 31% 106 106 106 the Week 32 *7% *88% 41% *105% i Sales for 48% 47% 88 t. , 33 >33 111 " 23% July 26 105% $ per share 31% 31% 31% Friday Nov. 3 29% 5 Coppermines Corp preferred .105% 105 33'A 48% * 7'A 89% 31 18 35% 160 31% Nov. 2 28% Consol Edison of N Y com___No par 109% Mar 18 -31% rm Thursday $ per share $ per share share 31% r- 80 ; 29 ' 26% July 12 106% July 19 $ per 31% PRICES Wednesday Nov. 1 ' Oct. 31 ..." 73% 28% No par Congoleum-Nairn Inc Consolidated Cigar 41 Nast. Oct. 30 , 73 28% 10 Publishing Conde 6 5% Nov 25% July. 13 3% Feb 15 Oct. 28 27 No par Solvents.:.-" 200 . 2.50 Commercial Credit Co 3 5,600 : Inc— 11% Feb 1,500 6% 13 100 Ohio Elec Co 30% Feb 8% July. 18 20% July 12 16% 6% 75 *71% Commercial' 16% 6% 76% $4.25 cum preferred w w___No par Carbon Co No par Engineering '*12% 16% 6% 71% 12% Superheater 13 *16% 6% 22% Columbian 9 *12% 16% 35% *12% Columbus -& So 12% ' 75 No par Inc 83 35% common__No par Combustion Oct 36 System 83 71% *18 2.50 13 *82% 100 Class Br 14% Oct 2,000 83 75% 18% _■ Columbia Broad Sys Inc cl A 14% Apr 24% Apr 26 45% July 25 . non-cum 7,200 84% * 71% *20 _20 ; 1st preferred 2nd preferred non-cum 4% 11 9% ___^, 500 43% - 36 *99'A Southern Ry com___100 & 1,600 57 42% 73% 46% No par preferred conv 2,800 36 *975 Corp com__No par issued" "When Colorado 3,100 « , 76% *80 125% No par com Collins & 16% . (The) 4,___100 Coca-Cola Internatl Corp_ No par Colgate-PalmoliverPeet com__No par $3.50 preferred No par 6 Jun 17% :_100 10 7% Jan Co 7 38 . No par 2nd preferred Oct 22 8% 16 1 23% Oct 32% May 27 35% May 26 , 100 preferred cum Coca-Cola 19 17% 15 101 % May 1 pfd_, Cluett Peabody & Co com 19 Jun Jun • 37% July 17 96% Sep 26 conv Corp Clopay 5% Jan ^No par Inq common cum 3,800 12"% 6% 71% 108 *70 71% *40 42 24% 24% 33% 34 109 109% 4 4 *28% 29 *136% 137 50 4%% 43% 12% *36 *106% 50 Clinton 23 v.*l% Dec gtd 37% Mar 15 25% Oct Nov 100 7% 7 *70 *30 1 stock___I_ 112% Mar 16 3 July Dec Co gtd 4% 12% 7 6% 16% 57 42 12% 12% 6% 7 6% 78% 41% *110% 100 Pitts RR & Special 16,500 13,000 * 37 *85 100 common 12% 71% *142 No par preferred Climax 70% 43% preferred non-cum preferred Cleve Graph Bronze Co Jan 37 20 $4.50 14,200 75% *32% 48% 7% *88% 31 18 35% Cleve Elec Illuminating com__No par 62% Jan / 5% 12 % 4,800 18% 37 105 : 100 8 12% 200 . 10% *70 31% 5 Co com C & St Louis Ry 4 30% Oct 99% July 12 3% July 11 -21% C C Sep 12% 12% 21,300 85 % . 38% 78 % I per share No par ^ *85 85% 71% 1 ' 5 Co__ Stores 31% 85% 10 ' *37 100 ; City 31% *85 "6% 6% 30% *85 . 77% *71 No par Clark Equipment Co 85% 31% . 100 City Products Corp 23 31 85% 18 8.50 City Investing Co common 5%% preferred 31% -500 11% 31 Saturday T Financial Corp 31% 30% 31 Milling Machine Co___10 23 85 July 17 101% Jan - 106% Oct I 30 800 8 30 % 12% 18% , 47% May 23% July 13 108 C 8 30% 12% 18% • 112% Mar 6 Jan Mar 15 150 . Mar 30 Sep 14 May 12 Cincinnati 36% Oct; 38% July 26 Xl08 3 8% 30% 30% 12% 18% 31% 12% 7% 7% 16% 16% 44% 44% 17%. 17% 41 41% *36% 36% *56 , 58 * 43% 44 , -*82% ,83 *12% 12% : i 20% Jun Mar 11 Jun Aug preferred 4% 1,800 18% 25 com 800 ■, 44 106 17% Par Elec 34% 43% 18% YORK STOCK Gas & 34% 106 85% 10% 86 12% 18% 31% 12% \ A Cincinnati 4 68% Mar 22 30 86 34% Nov 34 42 % July 26 Jun 36% Mar ' 24 Jan 67 109% Mar 24 *8 106 11% 25 share 34% Feb 3 -25 108 $ per 27 % July 26 8% X30% 106 , 11 V par EXCHANGE" Highest $ per share Sep 97% - Lowest 34 42% 42% 42% 107% *8 31% ' Lowest 34 33% 42% *106 107 32 31% 85% 11 10 "* 42% *105 106 8% 17% . _No par _ 33% 34% 45% 106 *31 31% *85 +__100 Corp 33% 44% 1,300 * No pa? ^ . ,106 3% 8% 25 Oil 8% *105 preferehce.^No par Cab 25 8"% 25 14% 100 Cotton NEW • 13 % 19%, 100 STOCKS Range Since Jan. 1 111% 21% 21% 100 vtc commop__^ Range for Previous Year 1949 111% 21% 5%%' preferred'—^__-_„____100 , *110% *110% 20% 1 Chile Copper Co___ Chrysler 5,300 20% 50 Yellow 112 *110% 31% 20% __Nopai; Co 111 111 111 700 2.500 31% 32 20 1.25 l preferred Chickasha Childs 31% 20% ^.No par preferred .series A Chicago 31% 20 1 preferred Conv 31% 9% 19% Copper Corp__^, convertible $3 31% 9 20% 5 Chic Rock Is & Pac RR Co 88% Mar 17 , 2% • 27 8% 26% 9% 21 Copper Corp Chicago Pneumat Tool com__No 26 25% 56% , 8% *25% 9% 21 Chicago & North West com.^No par 5'U 8% 26% 9'A 21 *8% *24% Louisv Ry Co cl A A 8'A *25% 9% 31% 32 *110% 8% 25% 9% 8% 26 20% St Paul & P vtc_.No par Milw Series 110% 1,300 8% 25% 9% 8% 26 21% 9.50 Class B . 32 5,100 21% No par Co & Ind Chic 23 37% Oct 30 110% com__5 Co preferred Chic 32 Va 900 2,000 8 *21 Chicago Great West Ry Co com__50" 13 8%-Jan 34% West Corp Sugar Chicago Corp (The) 5% 9% 7% 8 *20% Chic & East 111 RR Co conu-No par Class A z 40 5 10% July 12 ' Jun 9% 18% Nov 8% 26% 9% 7% 50 convertible 3%% 8% 26% 9% 8- 50 Chesapeake .Corp of Virginia 5 Chesapeake & Ohio Ry common__25 3 22 21% f ; 18 Sep Jan 5% Jun 12 8 8% . 32 20 8% 8 26% *26 9% Sep Nov 320 7,100 * *17% 9% Oct 3% 200 14% 17% 6% July 14 77 14% 7% Oct 27 14% 14% 15,500 137 17% 100 class A 1 Checker Cab 106% 137 8% Dec 24 38% *106% 17% Dec 32% Oct 14%' 137 17% 8% 1 14% 106% 17% 13% 7% Mar 29 14% 136% 38'A 38 37% *106% 136% 17% 14% x30 % Nov 136 8% 91 , 14'% 37% 107 *106% 8,100 104% 17% * common Co of N J Belt 14% 14% 36% 37% 107 137%, 30 46 45% *104% 8% Feb 106% July 17 10% Jun 2 137% 152 45% 104% 17% Jun Jan 36% *106'A *150 152 44% *104 16% par preferred Pasco 38 *150 44% 104% 16% 6% July 14% July 25% July 12 137 152 44% *104 16% 9 % 9% 106'A 136 100 Corp__No Illinois Light ae 106'A 137 No par preferred series B vtc South 37% 106% *150 45% 104% 10,200 16% 10% 1 150% 4 4'A *104 400 1,000 51"% 51 16% Oct 16% Mar 150% 152 52 16% Oct 24 51% 16% Dec 3 51% 16% 14% July 27 49% 16'A 11% 12 50% 5,500 * 9% 16% 112% 12% Jan 50% 16% 36 16% Dec ; *9% l Co Central Hudson G & E 4%% 16% *35% 9% *16% Oct • 17% 36% 9% 36% Jan 9 16'% 36% 9% *106% 8 8% July 17 9% Jun 27 16% 36% 9% 46% 12 110% Feb 16% 5 Foundry Co_____ Sugar 1.400 20 ; : 6 43'A 36% 104% 14% 43 9% 46 14% 3,900 17% *104 _No par common 60 29 43 *42% 28% 36% 46% 37 3,300 29 9% 104% 137 108% 17 46 100 preferred 5% *150 4,600 16% 108% 36% *104 No par 29 Shares 10 15% 108% 17 % 10 preferred Corp 151 9% 16 the Week t per share 37 17% 100 2nd preferred 7% : *148 100 common Celanese Corp of Amer com__No par $4.75 15% ___1 4.20% 38% Feb July 13 15% 108% Co common 28% Aug 17 10% Mar 29 8% July 13 15% 109 ; 9% Oct 3 9% 15% *108% series______50 20% Aug 29 3 Jun 15'/a 108% Sales fo* Friday Nov. 3 10 15% Corp 11V* Apr 3 7% July 17 6% Mar 12% 6 Jan 10 I) Preferred Aug 18 Jan (J 10 No par common General & 7% preferred Caterpiilar Tractor 25 Apr Corp 9% *108% Ry_ Co Conv preferred 4% 9 40% Sep Apr 97 Dec 1 21 Mar 107% Jan 23 % X114 34% 21 Steel 9% 10 100 Light & Nov. 2 S per share 5 Carolina Power 9% Thursday Nov. 1 $ per share 10 Ohio 3 100% Mfg Co PRICES Wednesday $ per share 10% 10% SALE Oct. 31 $ per share 10% HIGH Tuesday Oct. 30 t per share 10% AND Monday Oct. 28 Carolina Clinch & 110% July 13 34% Mar 16 Jun Jan Saturday 1 33 RECORD LOW STOCK Capital Airlines Inc__ 30% Mar Dec YORK Par .6 131 STOCK EXCHANGE $ per share July 26 102 Jun NEW Highest $ per share $ per share 9% Jan. 1 Lowest Highest S per share YORK STOCKS Range for Previous Lowest (1741) 106% 106% 13% 13% 13% 10% 10% 10% 44% 45 44% 45% 44% 453A 20% 21 20% 20% 20 % 21 20% 20% 6,100 11% 12 *11% 12 11% 11% 11% 11% T.oOO 12% 12% 13 13 12% 12% 44% 45% 20% 12% * 21% 12 - 1 . 30 ; 1,600 * 12 « *10 10% *10 300 10% 46 451/4 3,300 3,600 12% 12% 12% 16 16% 15% 16'A Xl4% 15% 15 15% 14% 15% 36,600 30% 29% 30% 29% 29% 29% 30% 30 30'A 20,900 30% 111 111 111 111 111% 111% 111% 108% 108% 108% 108% 109 109- 108% 108% 61% 62'A 61% 61% 61% 61% *103% 104% 104% 104% *103% 104% 16% '17% *17 96% 9 6'A 96 *110% 35% 35"% 35% *105 17% 16% 95% *103% 36% 17 96'% x59 96 36 35% 106 *104% *96 ' 37% 106 59% 104% 111 . 111'A 1 330 *108%' 108% 160 59% 104% "4,900 59% *104 , 10 17 17 17% 1,600 96% 96 96% 290 35% 15,600 35% 36 35% *104% 106 *104% 106 *104% 106 10% 11 10% 10% 10% 10% 10% 10% 11 11% 4,500 66 66% 65'A 66 65% 66 65% 66% 66% 66% 3,600 . 14 The Commercial and Financial Chronicle (1742) NEW t per $ per share $ per share share 8 2 7% 7% 7% 7% 7% % 7% % 15,700 Continental Oil 78 78% 77% 78'% 76% 77% 76 3/4 78 77% 78% 77% 73 24 Continental Steel 14 23% 24% 233% 2 4 3/4 23% 23% 23% 23% 23% 24 % 24'A 24% 8,500 4,800 Dec 20 July 17 27% Oct 17 '25'% 25% 25% 25% 24% 25'% 24% 25 2538 25% 23 % '54 % '50% 1 '13% 13'% 13% 13% 13 13% 13% 13% 13% 1334 13 13% 1,700 Exchange Bank & Tr Co—20 73% 73'% 73 74 72 73% 72 73 72 72% 72% T73.;, I 3 730 38% 2,800 Jun 19% Jun 24'/# 51 % July Continental Motors... of :—1 9 Jun 12% Feb 53% July 25 12 Jun 17 12 Jun 19% Jan 14% Jun 49 Dec 52 Feb 46% July 14 51% Oct 24 7 Jun 11% Dec 10% Jan 17'% Apr 22 Cornell Dubilier Electric Dec 57 76 Oct 17 Corn 42 May 55% May 58% 20 Apr 30% Jan 102'% Dec Jan 102 1% 73% Jun 96 Jun Sep 13 23 6 July 13 72"% Jan 3 176% July 13 187 % Apr 62 1% July 13 3 22% July 13 Jan 101 Sep 27 13 6 % Mar 6 2% Feb 25 30% Jan 31 105 11 Jan 3 19'% Jan 12% July 13 Jan 42% Apr 32 % Jun 3 20 Jun 30 Dec 27% Jan 13 43% Nov 94 Mar 105 Dec 102% Jan 11 105% May 24 Jan 16% Jan Nov 72'% Jan 54 21 July 12% 160 Feb May 5% 17% Jun 26 Apr 16% 15% Jun Dec May 27 Feb 14 10% Nov 13% 25% Oct 23 25 Jan Dec 43% 7 18% 133 '1023/4 1033% 673% 66'% 67% 66 % 66 % 66 % 179% 43/4 25% 4% 1% 1% 25 3 4 26 * '180% 4% 4% 4% 2 2 2 181 8 25% 26 102 ♦102 102 preferred G% non-cum pfd. RR 100 Aug 1 Curtis-Wright Feb 21 Jan 8 20 22% Feb 17 29% Oct 4 Cutler-Hammer 13% Jan 13 23% Oct 3 Dana Jan 12 99% Oct 23 Class A Cushman's Sons Inc 1% 10 18% *160 4334 103 % 320 30 3 4 30% 14,300 79% 80'A 2,300 30% 30% 31 78% 78 % 79% 80% 19% 20'% 18% 183% 43% 103% 29% 793 4 19% 20% '160 180 20% 19% 18% 18% *160 180 93/4 10 '% *20% 2034 18% 18% 133i 18% 9% *140 *54'A 93/4 22% *128 934 9% 934 9% 9% 9% 77% 76% '72% 77 '11% 11% 11'% 24% 11% 11% 11% 11% 113% 24% 24 3 4 24 3 4 24% 24% 24% 24% *24'A 8 9/s 8% 8% 9 % 334 142% 143% 142% 143'A 142 % 9'A *541/4 10% 10% 10% 10% 10% 23% 23% 24 23% '128 132'% 141,100 24'A 27% 27% 27% 1,000 55 10% 23 132% '128 132% *128 27% 54% 55 55 54% 800 2,400 143% 10% 223% 900 40,300 9 23 93% 9% 5434 54'% 54 23 93/4 144 142'A 55 9% 22% 55 23 9% 8% 9:% 142 141 400 77 *73 24'A 9% 6,100 II "2 10'/a 1134 132% 27% 1..100 9% 77 77 142 1 900 18% 77% 10'A 24% 11% 20% 180 *175 180 '160 180 76% 1134 77 *24 No par 20 y8 18% 103% 103 5,600 43'A 103% 43 42% 42% 40 '3934 30% 79% 20'A . 77 pfd—100 Inc 79% 180 —.1 common—_— ... 1,800 15% 15% 40 *160 5 11 5,000 39% 15% 39% 18% 100 10 100 Inc.— Press 15% 39% 15% 40% 19% common—10 1f/o Xl5% 15% 40 31'% 700 15% 15% 29% 2,200 29% 29% 40'A 79% 200 11% 11% 151/4 30% 7.200 25 % 102% •102 29% 40'A 80'A 25 '/a 25% 102 102 11% 15 % 30% 4,800 '29% 41 *79 3,400 2 11% 15% .100 convertible 5% 4% 29% 11% '29 103 4% 2 11% 41 28 3% 330 181 181 2% 25% 25% 30 20 4.500 434 2 103 66 103% 66% *102% 181 '4% 17 25% 26'% 102% *102 103 180% 4% *180 4% 2 *102 667a 103'% 181'A 181 181 2 103% 20 101 101 101% '102% 42% Cuba 138 '/4 •101 102% 11'% 24% Aug 125 67 101 1?2% 29% 553% Jan 28 Jan 67% 101 30 54% 52 37 'A 37'A 101 11% 3 Jan 102% 37 % 36% 36% 37% 36% >100% 29% 3 26% 103'% 38 100 3/4 11 3A 7% Jan 137 37'% '100% 29'A 20% Jan Sep 373/4 100% uy8 Jan Mar 19% *51 1033A 5 44% July 13 52 51 51 52 '51 29% Apr 52% Nov '51 52 '51 52 11% 9% Jun 4,000 42% Cuban-American Sugar 3 17% 103'% 6 25 17 423% 8 Oct 17 103% 14 10% Oct 17 42% Feb 144 16% *103% 19 16 16% 42 3A 13'% Jan July 13 16% 103% 25'% Jan 5 16% 42% Cuneo 122% Jan 16% 1033/a 5 Oct Oct 16'% 29% 24% 8% 145% 16% ll3/8 Jun Feb 5,300 *4% Cunningham Drug Stores Inc 2.50 Curtis Publishing common—No par $7 preferred No par Prior preferred No par Jun 4% 109 21 -No par 31 July 13 20% Corp common—5 103% Oct 9% July 17 20% 181 of Amer com—No par 77'% Oct 20 20% *29'/4 Dec 16 20% preferred $4.20 Crucible Steel 21% Aug 175 19% '54% 55 Crown Zellerbach 3 7% July Feb Feb 81 54 % 19% 67 No par preferred 64% July 13 Jan 73 23 (The) preferred Cudahy Packing Co common 4'%% preferred 175 8% Mar Jun Jun 60 31 160 3 Mar 31 5 31% Oct $2 55 19% 2 2.50 Crown Cork & Seal common Oct of '54% 19% 1 19 13% 36% Nov America 41% Oct 30'% Mar 543/4 193/4 '102% 100 17% Jan 26% Jun 54% '37'% 25 common preferred... Creameries 14 Dec 14 33%% Cream of Wheat Corp 10% Jun 27 29% 49 Co Crane Corp 4 14% Nov Feb 27 Coty International 3,700 55'% 20 '100% 100 -1 1 preferred 7% Coty Inc 5 Jan Jan 30 Corn . 16'% Works common 5 preferred———_—— 100 pfd 3'%% series of 1947.100 Products Refining common_25 25 23 8% Corp 7% . 19% Corning Glass 104% Sep 100% July 11 3% Aug Dec 17% Oct 7 25% 54'A '54% Cum Oct 2% 32'% 104 3 3'%% 18 Apr Dec 5% Nov 102'% Aug 17 100 Dec 189 Jun 21% Sep 3 July 17 28"% Jan Dec 94 27 55% Mar 13 21 Corp Cooper-Bessemer 7% 7% 5 Delaware Corp common—5 $3 prior preferred...; No par Copper Range Co — No par Copperweld Steel Co common 5 Convertible pref 5% .series_____50 3% Mar Shares 24% Oct 11% 171 % share Jan 15% Jan for the Week Nov. 3 $ per 9% Aug Oct 57 7% Sales Friday Nov. 2 S per share share 81% Oct 5% Jun Jan 65% Jan Thursday Nov. I $ per $ per share $ per share PRICES Wednesday 29 8% Feb 92% Monday, November 6, 1950 55% Jan 25 13% Jan 3 Jun 49% Mar SALE Tuesday Oct. 31 Oct. 30 tper share HIGH AND LOW Monday Oct. 2S Par . . RECORD Saturday EXCHANGE Highest Lowest $ per share 5'% 47% , STOCK STOCK YORK NEW Range Since Jan. 1 Highest Lowest YORK STOCKS Range for Previous Year1949 . 27% 273A '128 27% 27% 5,000 132 % ♦128 132% 27% 27% 27% 2,200 4,400 D 9 Jun 15% Mar 87 Jan 96% Nov 96 11% July 14% 15 • 17% May 13% July 10 3 15% Jan Jan xl6% Mar 26% Jan 92 Jan 92% Jan Dec 22% 31 17 18% July 13 98% Aug 17 3% Feb 28 % Oct 26 28 Dec May 100% 34% Mar 17 7% Jun 17 Jun 30% Jun 31 26 17 17 16 16 26% 30% 29% Jan 42% Oct 18 Jan Dec 3 27 12% Oct 3 19% July 12 23 3% Jun 21 7% Jun 99 98 % 98% 97% 97% '97% 98% 98% 98% 101'% 101% 101% 101% 101% 101'% •101 101'% '101 16 15% 16 16% 70 140 % 270 1674 101% 13;300 101 153% 153% 15% 15'% 143/4 7% 7% 7% 73/8 7'A 7% 7'A 7% 7% 7% 7% 34% 34% 34% 34% 33% 33'% 33% 34 34% 35% 351/4 35% .—No par 56% 57 56% 58 56% 5734 56 57% 57% 58 57% 53 36% 36 3% 36% 36'% '36% 36'% 36% 36% '36% 36%; 36% 36% —100 40% 40% 4038 40% 40 39% 39% 39% 40 40% 40-% 2,800 13,200. preferred Delaware & 98 99 98'% 1 & Co common 7% 9,700 98 99'% 50c Inc Deep Rock Oil Corp Deere 30% 99 '97% 98'% >101 5,700 30 99 26% 20 Decca Records 26% 30% 99 30% '98 '99 100 *16 50c Dayton Rubber Co 10 40% Jan 26'% 25% 30% 17% May 26 18 25% 27'% 30% 100 Oct 100 30% C 37 17 26% series 34% July 13 16% 27% 3.90% 36% Sep '15% 30% Preferred 4 500 17 '16 30% '97 38% Jan 50 16'/a 27% '99 373% Aug 15 583% Oct 5 99% 16% 27% 100 22 20 % *98% 16% 30% 100 5 20 % 99% '16 30% A.. Jan 20% '98% 16'A 27'% B 3 20% 99% 1 (The) series July 24 '16 ' Dayton Power & Light common—7 Davison Chemical Corp series 43% Oct 9% *16 3.75% 3 22% 5 % 3.75% Jan Jun 16'% 20% 98 3/a 16'/a 99% 16% 20% 20% *9834 16'A Preferred 6% Jun 27 Jan Jun 20% 98% 16'/4 Preferred Jun 5% 20% 98% 16% 102% Mar 21 5 Mar 19 20% 99% 1023% Aug 21 102'% Sep 1 July 11% Jan Jan 29 20% '98% '16% 1 Davega Stores 96 12% Nov 9% July 26 20% —100 Corp common—2.50 convertible preferred. 20 common preferred series A 96% May 24 Dec 100 4% May 19'% May 10 Corp 3 3%% Hudson. 15 15 39 7% 3;200 4,200 18,400 , 500 50 10% 11 10% 11 10% 10% 10% 10% 10% 10% 1038 10% Light Co__.13,50 20% 20% 20% 20% 20% 20% 20% 20'A 20% 20% 20% 20% 1,800 35 35 33% 34% 32% 33% 33i% 34% 34% 35'% 34'% 343% 4,200 57 56 56 55 Delaware Lack & Western. Delaware Power & Denver & Rio Grande West RR 19 Jun 30% Dec 24% Jun 29 34% 38% Oct 19 Escrow ctfs for 100 common Jun 53% Dec 42'% Jun 27 603% Oct 20 12% Dec 14% Dec Derby Oil Co Jan 23% Sep 12 Apr 20 21% July 13 17'% May 26 20 24 May 19 Detroit 50 Jun 58 -Jan 52% July 12 68 Feb Detroit Hillsdale & S W RR Cor_100 Jun 9% Jan 24% Mar 5% July 12 8 21% Mar 13 4% 15 Jun 2 May 16 313% Oct 28 11% Jun 13% Nor 12% Jun 29 16% Jun 22% Nov 18% July 13 35% Mar 8 16 Sep 27% Oct 13 18 Jan 47 Oct 26 45% Feb 40% Aug 15 46% Oct 25 16% Aug 17 31% Sep 37% Sep 40 9% Jun 13% Dec 11% Mar 31 6% Jun 9% NOV 6% July 13 12% Jun 18% Dec 17 July 13 Escrow ctfs Year 1949 Lowest $ per 17 Feb 38'A Nov 35 45% Jun 53% NOV 48% Jun 29 14% Mar Jun 12% 48% -43 101% 101 12'A Jan 4 July 26 Feb 723/4 Oct 10 July 17 25'A July 12 11% July 25 69'/a Jan 13 Apr 57% Dec 54% Jan Apr Apr 108% Sep 107 123% Dec 119'A Jan Jan 167/8 Dec 78 Sep 11% Mar 8% Jan Jun 38'A 183/4 31'% 31% 5 *14% Devoe & 6% Match 9'% Jan 5 23 Distill Stores Dec Sep 13 Sep 27 $ per 43'A Jun 57 May 24 13 Jan 9 Dr. 363A Jan 4 Doehler-Jarvis Mines Dome Douglas 9 Dow 111'A Jun 15 $4 156% Jun 9 $3.25 21% Oct 18 Dresser 81 7 85 Aug 22 33/4% 203A Oct 18 Oct July 12 11'A Mar 27 X22 14'A Jun 14 14% Sep 25 633/4 Nov 13 85 3A Jun 124% Oct 122'A Jan. 9 127'A Apr Jan 102% Aug 101'A Jan 31 106 9% Jun 12 »A 15% Jun 20% Mar 13 Jun 38 % Jun Jan 60% Jan Jan 93A July 12 2nd 6 33% 46% 46% *46'% 46'/2 46'% 46'% 46% 46% 46% 46% -00 *13% 14 *13'% 133% .13% 13% 14 14 13% 13% 13'A 13% 1.509 7% 7% 25% Jan 13 14% July 12 88% Aug 25 xl2% July 12 May 95 8% Dec Sep 14 8 *; Jun 5 14% 14'A 13% 14'A 14 i4y8 5,600 45 45% 45% 45% 45:% 46 % 2,500 533% 5334 54 54 54 54 55 56 54% 5 4'A *113% 12'A 12 12 12 12 1134 113% .12 12 12 12 293% 2914 29% 30% 293's 2934 29% 29% 293 4 293% 29% 30'A 14 14'A 14'% 14 14% 14 14% 14% 14 81 81 X79% 80'A 78% 80% 79 79% 78% 793 4 79'% 7934 3.300 683% 69 68'% 69% 67% 68% 6734 68 5/« 68 68 % 60% 69% 13,700 *107% 103% 150'/8 15 110 *107% 151 153 149% 149% —50c 20 20 19% 19% 18% 1934 100 *84 85% 84 84 84 84 preferred 19% 19 "2 19 19% 19 19 13:,% 13',% 133% 13'% 125% 102% 103 113A Jan 10 5 '10 10% 9% 10% 9% *10 10'% 9% 10 10 DWG Cigar Corp 18y8Apr 19 10 49% Apr 190 Apr 10 39% Oct 25 19% Jan 98 7 Mar 10 xl53A Apr 12 102 May 2 10% Aug 11 41 9 Oct 4 33A Apr 18 preferred— 19% 19% 19 19% 18% 19 18% 15 y8 15% 14% 15 '% 15 15% 15% 15% 15 % 15% 18 17'/a 17% 16% 17 16% 16% 16 16'A 17% 17% Electric Auto-Lite 33/4 Feb . Jan 51% Jun 27 €0 Jan 9 5%Dec 6% Jun 10% Jan 6% Jun 4% July 13 8% Feb 14 11.% Dec 3 Jun --/ 5% --- Apr 83AJulyl3 33 Jun 27 2% July 26- 451/4 46 •174% 175 174% 174'/a 373i 36'/8 17% 17% 17% *99 36% 37 38 36% 17% 17% 17% 17% 95 *93% 95 14% 14% 1 •9% 9% 9% 5 Convertible preferred 14% *99 45 45 44% 45% 44 17% 17% 171/4 17% 16% 38% 383/4 38% 38% No par *38'A 93i 2 2 42 41 2 41% 35% 17 94'A 14% 14% 100 *99'/4 see page 22. 20 4,700 % 2,400 14'4 3,800 200 95 1C0 ; 9% 40'A 9% *9'A 44% 44% 45 44% 45 9,600 16% 16% 16% 17 17 17 5,000 38% - 9% 44% 17% 383/4 38% 2 40% 38% 41 12% 12% 12% 12% 12'A 12 12% 21 21% 20% 21% 20% 21% e;q 59 59 59 59 59 *38% 2 *58 *11% 41 12 20% 41 800 . 700 21,300 41% 2,600 12 12 20% 21 63 9% 2 2 41 40% 21% 9% 38% 2 2 40 2 9% *59 1,800 21% 4,100 400 63 50 *49% 50% 49% 50 « *49% 50 % *49% 50% *49% 50% 3 23% 50% 23% *49% El Paso Natural Gas. 23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 4 19 y» 19'A 18 3/4 19% 18% 19% 18 18 % 18% 18'A 18'/4 13% 4,900 18 17% 20% Mar 17 Emerson Electric Mfg Co... Emerson Radio & Phonograprh Empire District Electric Co 10 *16% 16% 16% 163/4 16% 16% 16 % 16% 33% Jan Endicott Johnson Corp common..25 *293/4 30'A 29% 30 30 30'A 30 30 104 ♦102 22 3% Aug 104 29 - 1 5 July 12 Jun 5 7% May 15 17% Sep 14 64 3% Oct 23 66 Stay 25 5% preference. preferred Equitable Gas Co Equitable Office Bldg Erie RR common 4% 100 ; — 6% May 5 15% Oct 17 13% Oct 19 44 Ex-Cell-0 Corp 4% Jan 10 " . 21'A 21% 21 »/s 6% 6% 6% 15"% 100 *63% 64% '62 65 50 5 . *12 1 r, 15 64 - l • 12%- .; 39%:, j. -- 2% 2% o 6 , '/14 11% n ' 16 15 133/4 12% r - 11% : 15% . 53/4 • 133/4 14'/4 *38'/4 12'A 383/4 2% 2% 64 r 6 / 11%, k11% . u *2% I, 3 - *2% * 16 V* 19,800 63% 16 900 67 5% 5% 123/8 3 14 3,500 4,600 12% 7,500 *38 '/4 -■ ,39; - 8,300 *62 5% 14/ 7,000 63/4 63% 16% L-im. -12% 38%:. 30 21% 6% 67 * 104 21 64 5% 14: 1.20Q 1,800 103 6% ♦62.M. 5% M 27,900 16% 30'A 21% 15% 63% 17% 16% 30 104 6% 66 ♦62 5% 21 15% 63% 65 *102'A 6% 7,200 17 18 30 21 % 17% 30 , 30% *16% 104 6% 63% 5% 3 CV'38'/4 39 *2% ,3 - 15% ♦62 17% 18 21 6% 63% 65 ' I1 ♦102% 21% 6% .64 *62 . I 104 21 16'A 15% 16 6% *6 14% 5 17% 21% *6% 8.50 1 3 Exchange Buffet Cdrp_—__ 2.50 ♦102 104 *102 18% 173/4 18% 18 No par 5% preferred series A.- Erie & Pittsburgh RR Co Eureka Williams Corp Evans Products Co Eversharp Inc :_4 Mar 21 5 383/4 13% *2% ••'i For footnote* 14,000 36 17 '% 95 14% *99% 63 12% 21% 35% 17% *93 *59 convertible preferred——5o 9,800 45% 174'A 17 14% 16 45 *173 X35% 100 15,700 5,100 ■44'A 9% 2 2 *41 '173 95 14% *99 100 15% 45 175 44% 45% 175 *93 95 14% 100 *99 100 *93% 14% 16% 44% 175 17 Ve *17 36% 17'/4 38% 176 2 (The) 15% 16% 4534 15% 45% *174% 100 20% Jun 68 15% '45% 16% 14% 29% Jun 27 61% Jan 16% 16% Elec & Mus Ind Amer shares Electric Storage Battery No par 5%% 19 45% *93'A 5ec Feb 23 3,000 19% 15% 100 Electric Boat common 2,900 19 19% 15% 12% July 12 16% July 13 2 500 19% 2.50 * Ekco Products Co common 4%# preferred Elastic Stop Nut Co 400 10% *17'A Nov 44% Oct 10 80 1 Eastern Stainless Steel Corp.. 5 Eastman Kodak Co common .10 6% preferred 100 Eaton Manufacturing Co 2 Edison. Bros Stores Inc common 1 4%% 80% 79 80'% 10 10 Inc 52% Apr 26 28% Jan 6 if if ian 34,300 125% 103'% Aug 25 213/a Aug 3 13% Feb 15 July 81% 80 3A 125% 48 55 2,300 79'% 10 9% Jun 48% Jun 1,000 1334 *102'% 80% 15 July12 13 19% 13'% *12434 Elliott Co common 6 19% 13% 79% Elgin National Watch Co.,— 18% July 26 20 13% 102'A 133/8 Oct 25 Tec *18% 13% 125% 75 JT" 20 13% 77% 28% Feb 23 V *18% •. 210 102% 19% July 13 Jun 4.100 85 *124% 52% July 17 -4% 19% 85 79% 10% jun 26 100'A Jan 10 7' 00 19'A 85 103'% «°T Dec 151% 19% *84 124% 283/4 -Nov 105 i52 85 19'% 78'A 5 Jun ,Xe 108'A *149% 19% 19 13'% Jun 100% Jan *107% 151 *84 *13% 17% Jun 108'A 7,200 & Co- 48 14% Jan 150 1 (EI)) fl X29% *148% 107% No par 107% 7,600 14% 124% 2% .Jan Deo 108% 150% *107% * 14 620 900 *102% ?6% Oct 14% 110 '54% 103% 1% Jun Oct 14 *53'% No par 34% Jun 10% Jun -May Shares 14'A 45 % 125 323/4 Mar 51% $ per share 14 44'% 103% 49% Oct 29 $ per share 14% 125 213/8July26 42% Jan the Week Nov. 3 126 16 23% Aug 8% Jun $ per share share Sales for Friday Nov. 2 103 38% July 26 35% Apr 19 Thursday Nov. 1 103 Dec '3 $ per share 24/J00 PRICES Wednesday >125 Dec 1% Jan SALE ' 25 3% No par 17% 32% Jun 30 HIGH Tuesday 25 % 25% 4,300 No par 45% 13 $ per 1 per share AND Oct. 31 Oct. 30 25 1,700 8 7% series Apr Jan • 25',% 8 7%. series 13 29 Monday 24% 25 24% 7% $3.50 Jan Jan 25% 25 25% 7% $4.50 10 13% Mar 8 8 8 Common 12% Feb f 8 Preferred Jan Jun 46% Preferred 13% Dec *46'A 46% Eastern Corp Dec 3,300 453% 15% 1 Eastern Airlines 14% 23 45% 45'% Eagle-Picher Co 96 24% 45 12 13 101 25 45 15% 22 24 Jan 10% Feb 24% 45 15 Jun Feb 88 24% 44% 143% —No par 193A Oct 32%-Jan 94% Oct 243% 45% *14'% International 17 Dec 153-4 25'% 45 143'8 common Corp 20% Aug 21 19 143% 24% No par Duplan 27 Apr 143% 25'% —No par Dunhill Jun 14% 153% 20 4534 , 5 convertible 15% Mar 30 Jun 15% 31% 46% preferred 13% Jun 30 21% 31 14'% common Industries 13 40 July 17 172'A Jan 3 - 4r,500 6 v% 31% 31 31 31 6, J 00 6% 634 46% Ltd Dec Oct 31% 6% No par Aircraft 16"% Mar 48% Nov 31 • 6'% 6'A 6'% No par i 18'A 202 6 143% Oct. 28 preferred series A 13 Feb 164 G'% 60 *57 45'% 31 Saturday Corp Chemical Co 16% July 17 58 25 ; common Pepper Co 6 58 *57 58 31% 6'% LOW STOCK Class A 3 58 *57 15 2 Corp Jun 2,600 23 553% No par Dixie Cup 17'A Jan 15% 22% 553% 1 18 90 3/a Aug 15% 23 55 25'% Par Divco 47% Oct 97% 7% July 7'A Jun Ltd share 153/4 Jan 11 72 15% 22% 453.1 EXCHANGE 24'/a May 86% Jan Mar YORK 2,700 15'A 23 25 50c Corp.. NEW 56 15'A 22% 2 Co Corp-Seagrams 55 15 Ve 45% 2 preferred Diamond T Motor Car 55 15'A 22 % 1,400 2,100 .No par common participating 55 25 Raynolds class A— Diamond * 61 *57 61 1 Du Pont de Nem 119 15 3% 23 Detroit Steel Corp— De Vilbiss Co 26% Oct share Feb July *57 15'A 22% 143% 22% 15% 23 STOCKS 93/a 25 22% 6'A Highest 24'A 10 *15% 6% Diana Lowest share $ per *56'% 8 20 1 Range Since Jan. J >. Highest $ per share 100 Detroit-Michigan Stove Co Range for Previous l* , for preferred- (The)— Edison — 3 600 300 Volume 172 Number 4957 . . . The Commercial and Financial Chronicle NEW Previous Range for t per Range Since Jan. 1 Lcwest Highest S per $ per share share YORK STOCK 15 RECORD ' Year 1941) Lowest (1743) Highest share ISCKK!tOCK NEW Batorday EXCHANGE Monday Oct. 28 fper share I per share Par PRICES SALE WW Wednesday Oct. 30 Oct. 31 t per share Thursday Nov. I f per share Friday Nov. 2 S per share Nov $ per share Sales for 3 the Week tper share Shares F 34 Jun 41% Jan 37V« Mar 10 48% Oct 19 Feb 257A Oct 22% July 26 19% Oct 23% Dec 14 127/a Aug 15 Va Oct 13 Dec 3 8 2 Jan 18% May 10 3 11'/a Mar 15% Jun 38% Jan 35% Mar 11 14% Jun 18% Nov 16% July 3% Jun 24 3A Feb 36 95 % Mar 104 4V4 Feb 3 48 Sep 14 25% Oct 23 14 6% Aug 1 33% July 17 Jan 20 45% Oct 5 Fedders-Quigan Corp Federal Mining & Smelting Co Federal-Mogul Corp 106% May 25 13% Jan 12 Jun 177/a Dec 16% July 13 23% Oct 19 63% July '81% Dec 52 83% Feb 8 Fidelity Phoenix Fire Ins N 7 Firestone 43 105 56 July May 53 Jan 521% Jan Dec 107% Mar 69 July 13 13 Feb 15 105 65 Dec July 17 75 Oct 108 May 9 Oct 79 24 17% Jan 10% July 13 14% Jan 21% Jun 31% Jan 22% July 26 33% May 98% Jan 104% 11'/a July • 108 1 12 19 July 17 18% Jan 103 Jan Dec 16 July 13 20% Mar 17 17% July 13 13 Va Dec 13 Oct 13 May Sep 15% Oct 24 7A Jan Apr 111/2 Jan 5 9Va 87/a Feb 14% Dec 14% Jan 3 3 78 89 19% Apr 29% Jan 241/a Mar 30 May July 20% 92% Nov 84% July 17 96% Oct 33% Dec 941/2 July 21 27% July 12 Feb ■ 21% Jun 8% Nov 8 Jun 10'A May *38 Feb 60 11% Jan 16% 25% 12% 24 Dec Aug Jan Feb 2 17% Dec Jun 23% Sep 78% 4% Jun 7% Apr 4% Jun 7% Oct 14% Jun 18% Dec Oct 9% Jan 6 31% Oct 41% Jan 32 13 Feb' 17% Dec 15 Jun 19 Apr 16% July 24 17% July 12 16% Dec 15% Jan 6% Feb 23% 1,700 15% 15 15 15 15 15% 2,800 15% 15% 15% 15 15% 15% 15% 15'/4 15% 15% 15% 4,500 18 18% 2,800 46 46% 17% 18 18 18% 18% 18% 46% 46 46 4534 45% 24 24% 23% 23% 23% 23% *23% 23% 5% 5% 5% 53/8 5% 5% 5% 5% 4%% First Tire & Rubber $4 (The) common 41% 41% 41% 42% 104% 104% 104% 104% 11% 11% 11% 11 11 *19% 20 19% 20 19% 1934 19% 19% *65 % 25 *75% 76% 133/4 137/» 25 *103% 3%% 41% Oct 17 6% Sugar 1,000 20 20 20 3,800 65 % 67 3,200 71% 3,800 66 *107 75% 75% 76 75 75% 76% 78 % 13% 13% 13% 13% 13% 13% 13% 25% 25% 24% 25% 24% 26 % 26'A *103% 104 70% 69% 107 13% . 67 66% 68'A 107 103% *103% 103% 103'A 103% 103% 107'A 13% 26% 160 84 *80 26% 900 14% 4,000 26% 17,500 104 *103% 24 24 24 24 24 23% 23% 900 17 17% 17 17% 17 17% 17 17% 17 17% 17% 17'A 4,200 7,500 193* 104 10 19% 19% 19v/8 19i/2 193/4 19% 19% 19% 19% 20 20% 15% *15% 15'% 15% 15% *15'A 15% *15 15% 19% 15% 19% 15% 10 18% 193/3 13% 18% 18% 18% xia'A 19 18%. 18% 9,100 18% 18% 18% 18% 18% 18% 18 18% 13% 18% 18% 18% 4,200 32% 30% 32% 31% 31% 31% 31% 31 31% 31% 31% 6,200 96 96% 96% 96 96 *94% 94% 94% 95 94% 94% 99% 99% 997/8 99./2 99i/a *99 99% 99 99% 99 99 330 37%: 37% 35% 37% 353/8 36% 35% 36% 36 37% 36% 37 6,600 *24% 25% *26% 26 % 28% 26% *26% '16% Nopar 32 % preferred___100 96 lo common . 25 Co , 99% —100 *24% 25% % * 27 *26 '/a 1,600 360 26% Nopar 15% 15% 15% 15% 15% 153/„ 15% 15% 15 15% 15% 2,900 1 *10% 10% 10% 10% 10% 10% 10 10 10'A 10'A *10'A 10% 1,600 10 77% 78 % 78% 78 % 77% 77% 76% 76% 77 77% 76'A 76% *14-% 15 14% 14% *14% ♦14% 14% *14% 14% 26% 26% 27 26% 26% 26% 27% 27% 28 85 85 85 83% 84 83% 84% 35% 85% Corp 80 Oct 3 Freeport Sulphur 14 Aug 15 19% Feb 3 *14% Dec 20 Feb Feb 75 Mar. Co__ Oct 19 7 86% Sep 25 Froedtert Grain & Malting Co Inc-1 Fruehauf Trailer Co common __1 4% preferred 100 5% Jan 3 10% Oct 25 Gabriel 7% Jun 29 11% Oct 24 Gair Co 16% Jun 30 18% Jan 28 V2 Apr 6 29 840 11'A 75 25% July 14 16 41% 104'A 11% 1 Corp Stores 41'A 104'A 11% 19% 67% 5,000 41% 104 % 41 104% *11 107 2,800 24 prior preferred Franklin 67 106% 5% 24 Light Co—Nopar convertible Francisco 65% 67% 400 5'A 5% 24 Corp, preferred Foster-Wheeler 107 23% 24% Machinery & Chem Corp—10 3%% 66% 67% 106% 700 *23% 24 *24 E00^ fair Stores Inc Food 19 " 66 69'A 106% 18»/e 45 3A 2,400 7% & 27 66 67% 106% 45 ♦23% Nopar Power Oct 65% 70 106% Nopar Forida 100% Oct 65% 70 *106% Nopar Florsheim Shoe Class A 23% Sep 22 33% Oct 18 41% 104% 11% Nopar preferred Steel 41 104% 11% No par Stores Florence Stove Co Follansbee 42 104% loo C0 Flintkote Co 41% 17% 45% 10 Y preferred National 5% 18% 45 11% Enamel Corp 23% *23'A 17"% 45 44 44 'A 44 *23% *46 104% Co 15% Sep 28 20 % Oct 23 21% Aug 30 12% Oct 5 8% July 12 Mfg 22% Mar 23 3 9% Jan 23% 15 1 Corp 25 % May 20 56 Ferro Tarrant Power 98 44% 23 % 15% 5 preferred & Florida 30 Nov 67 Aug 10 27% 4%% Felt 20 28 18% May 44 23% 15% 2 com 12% 45 23% 15% 1 10 3 44% 24 15% 5 103 July 24 46 23% 15% 100 Sep Jan 45 24% Motor Truck No par Federated Dept Stores common 5 Jan Nov 45 15% Federal 20% 10 3A 45 1 Brewing Corp Family Finance Corp 24 1 Falstaff 17% Jun No par Fajardo Sugar Co 7 July 26 15 % Dec Fairbanks Morse & Co Apr 22% Jan 32 6% 18 July 31 26% *33% 15 G ■ 15 15 27% *85% 1,000 200 28 12,100 86% 360 ' ■ , 6 July 25 9% Nov 2 39% May 9 20% Apr 25 19% Mar 16 10% Jun 3% Jun 21% Jun 32% Feb 21 15% Jun 23% Jan 17% Jun 29 23% Oct 25 13% Jan 19% Dec 17% July 13 23% Oct 6 103% 41% 99 Jan Sep July 9% 152 Jun Oct 3 3% July 13 July 13 Jun 107 48% 105 Nov 45 July 3 101% July 13 106 Jan 11 Dec Jan li 9% July 13 Jan 146 9% Feb 15 Dec , 6 Jun 10 Jan 163% July 13 13% Jan 12 6% Mar 29 65% Apr 79% Jan 63 % Mar 31 24% Jun 31 Jan 25 Jun 17 Jun 20 Apr 14 July 13 129 108 July 17 Jun 139% Apr 34 Jun 42% Dec 41% Jan 39% Jan 48% Dec 44 % Aug 93% Jan 29 23% Aug 2 6% Apr 18 21 % Sep 15 107% July 14 55 Oct 4 105% Mar 8 12 Jan 31 166 Feb 8 23% Oct 21 9% Jan 75 Jan 31 Oct 25 18% Jan 11 9 138% Jan 9 13 50% Jun 12 3 51% Apr 103% July 6 21 14 100% Dec *6% Jun 13'A Jan 44% Jun 56% Dec 51% Apr 20 13% Apr 60% Sep 123% Jan 128% Jun 124% Jun 13 129 % Mar Apr 112 Dec 105% July 28 97 9 99 % Apr 6 8% July 12 119% Sep 3 3 18 6% Co (The) Inc Range Since Highest $ per share 5% convertible Garrett Co Gar Wood General $8 7% 2nd Jan. 1 Lowest NEW $ per share 6 105% Jan 2 July 13 23% Apr 11 22% Jun 38% Dec 26 Jan 3 General 18% Oct 9 Gen 4% 20% Feb 7% Nov Jun July 26 12% July 12 2% Sep 11 14% July 13 6 31 Nov 24% July 27 27% Dec 22 Jan 25 99% Apr 102% Jan 101 Jan 10 15% Jun 21% Jan 19% Jan 3 67 July 77% Apr 77% Jan 23 64 Sep Jan 7 8% Jan 25 22% Jun 54% Oct 127% Mar 38 5 7 4 % Mar 23 18% Feb $5 Preferred Gen 19 General General Shoe 68 12% Feb Jun 37% Dec 31% July 13 Jun 91 Jan 90 Jan 4 12% Jun 17% Jan 13% Apr 72% July 80% Oct 80 Jan 128 May 4 30% May 11 40 Oct 9 107 Oct 17 32% Oct 5 99 Aug 22 90 % Sep 6 Gen Steel 10% 19 21% Sep 22 10 90 Nov 2 22% 22% 22% 8% 8% 8% 15% 115% 115% 115 10c 4%% convertible 5 10% Dec (The) 49 48% 49% 49% 49% 49% 50% 34,900 47% 48% 47% 48% 47% 48% 47 47% 8,900 *100% 101% *100% 101% ♦100% 101 % *100% 101% 102 116 27 12 Feb 2 106'A July 20 13% Mar 24 134 Oct 19 Gold 19% Oct 17 116 Jan 19 Sep 52% Jun 72% Dec 69% Jan 3 116 Oct Aug 101 % Jan 20 105 Jan 43% Jan 13 64% Sep July 26 22 Sep 103% Jan 13 108% Jun 20 25 10 Jun 16% Mar 10% Jun 27 14% Oct 28 Jun 41 36 Feb 24 45% May 18 *114% Monday AND HIGH 10% 10% 57% 57% 128 128% 127% 127% 128 128 530 115% 115% 116 116 116 400 SALE 4 %$> convertible Goebel $5 (B F) $5 52 190.100 51% 50 49% 50% 125% 125'A 125'A 125 125 124% 124% *124% 125 125 125 104% 104% 104% 104% 104% 104% 104% *104% 104% 104% 104% 1,000 21% 20% 20% 20% 20% 20'A 20% *20% 20% 20% 20% 1,000 34 % 34% 34% 34% 34'A 33% 34 33% 33% 34 34% 3,000 17% 18% 17'A 17% 17'A 17% 17% 17% 17% 17% 9,300 3'A 3'A 3'A 3'A 5,900 16% 30,400 18 3'A 3 16% 16% 24 24% 125 *122% 3 'A 3 16% 16% 24% 125 22% *122% 3 3'A 16% 16% 22% 22% 125 »122'A 16% 16% 7% 23 23 *122% 125 ' 23 *122% 125 7% 7% 7% 16% 16% 23 22% 125 3 900 7% 2,SOO 77A 3,400 7% 31% 30% 31% 30% 31% 31 31% 31% 31% 8,400 32% 33 33 33 33% 33% 33% 33% 34 2,700 120 % 120 % 121 1,540 28 3,200 7% 7% 50% 32 7% 120% 121 107 *105 121 9 5'A *90 15% 15% 50 50 49 97 *95 15 18'A 27 29 95% 92 18% 107 28% 29% 96 *95 120 17% 27% *34% *105 27% 28 120% 121 28 35% 106 33% 33% 106 *105 *105 33% 95 15% 4,100 29% 95 *95 96 *95% 96 96 92 *90 92 *90 92 *90 50 96 *90 92 1,100 106 23% 28 % 27% 27% 27% 27% 27% 35% 92 14% 14% 15% 50% 48 49'A 97 95% 95% *96% 18% 18 18'A 17% 48 17,700 15 % 48% *96% 15 % 49'A 48% 49 97 15'A 15 % 49 97 96 % 96% 300 19,400 15% 7,700 18'A 13% 18 % 18% 19% 87 88'A 90 90 90 1,200 86% 86% 87 18% 18% 18% 18% 18'A 18% 18% 18% 18% 18% 900 27% 27% 26% 27% 26% 27 27 27% 27 27% 7,000 50 *57% *57% 58% 58'A 57'A 57'A 56% 56% 56% 56% 300 9% 2,800 *86 1 9% *126 100 10 *17% 87'A *86 59 9% 9% 130 *126 17% 18 87'A *57 9% 9% 130 *126 17% 18% No par 114 111% 113 110% 17% 103 102% 102'A 101% 102 58% *106% 13% 108% 111% *102% No par Hosiery *112% No par preferred *126 17% No par com 9% 9% 130 No par common preferred Gotham 50% 50% 50% 51 28'A . Goodyear Tire & Rub Shares $ per share t per share 50 the Week Nov. 8 Nov. 2 t per share Sales for Friday Thursday 27% Stock Telegraph Co Goodrich Co 4,700 2,700 PRICES Nov. 1 $ per share 10% 57% *18'A preferred Brewing Co & *115 Wednesday Oct. 31 f per share 101% 10% 57% Tuesday Oct. 30 *100% 10 57% 2.50 Goodall-Sanford Inc Jun Jun 115 Nopar Corp common Oct 150 114 % 48% 48% *95'A Nopar Harvester 114 114 114% 49% 47% *90 5 $4.50 preferred 3,200 31 29% 100 common 900 15% 32% *105 preference—No par Gimbel Erothers 120 29 31'A 120% 3%% $5 15 % 7% 7% 100 preferred 68% *28% 10,100 32% Castings $6 pfd—No par com 20 2,400 8% 31 Nopar 1 59 7% Jun 16% 4,600 22 48% 116 t per share *24 10% 154 49 Oct. 28 *122% 3,000 48% 116 116 5 50 51 68% 29 15% 200 8% 68 % 29 14% l"15 *68% 116 Nopar 68% 29 29 15% 115% 3'A 69% 29% 14% 116 17% 10% 21% 8% 29 *114 34'A 8% 15% 127% 1 8% 5,300 103% 154 22 30% 127% 10c 50% *102 10 % 156 22 68% 127% Nopar 10% *154 22% 4% 27 107% *107 51% 103% 10% 156 107 51 *102 15% 68 30% 15% 127% *20% 107 51 103 % 8 128% *104% 107 8% 68% *127% 50% 4% *29% 69 Nopar General Tire & Rubber Co 52% Aug 16 14 % 21% 8% 68% ♦154 22% 106 Dec x95% 10% 10% 156 22% 9% Gillette Safety Razor com____No par 7 *154 50% *102 57% 16% Oct 19 18 10% 156 *106% 51% 103% 97/a 51 % Oct Jun 107 577/8 preferred 100 Georgia-Pac Plywood &, Lumb Co„i 100 50% *102 93/4 preferred 55 58% 58% SQ 57'A *101% 128 128 110'A 129 *17% 18 5,900 110% 111 4,900 102'/a 102'/a 111 102 110% 102 50 *126% 17% 17% 17% 9% 9% *9% 9% 128 102 700 , 10,200 57% 58% 59% .59'/a 59% *106% 107% 106% 106% ♦106% 107% 400 3.300 58% 107 "18% 58 106% 106% 106% 14% 13% 14% 13% 13% 13% 13% 13% 13% 13 45% *43'A 45% *42% 43'A -41% t 13'/a 42% 107 1,100 Batteries Inc 4 *42% 44% *43'A 45% 42'A 3% Jan 1% Jan 3 3 Oct 30 2% 27A 2% 3 2% 3 2% 2% 2% 3 Apr 7% Jun 29 10 Apr 18 Motors Granby Consol M S & P 1 8% ' 5 8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 28 Grand 10 *33% 32% 31% 32% ♦32% 32% 32% 32% 1,200 43% 43% 43 43% 11.600 28% 28% 28'/a 23'A 4,500 101%- 101% 101% 101% 2 Gould-National Graham-Paige 16% Jan 30% Dec 29 Jan 4 37% Feb 16% Jun 28 % Jan 24% Jan 4 45% Oct 26 Granite 25% July 3 31% Sep 28 Grant 28 %: Dec 101 Dec 100 Mar 2 103 11 Jun 16% Apr 11% July 13 Apr 17% Feb 32 Jan 36% Oct 32 37 Aug 24 11% Jun 14% Sep 12 Jan 3 33% Jun 43% Jan 33 Jun 29 Oct 18% Apr 17 22 144'A Mar 137% Jan 3 152 19% 67 Nov 65 33% Mar 43% Dec 11% Jun 14'A Mar 9% Oct 12 July Jan 100 July Jan 16 3 28 Apr 28 Co City Steel (W T) Co 3%% conv Northern Iron Gt Northern Ry 6% 7 71 45% Mar 13 4 20% Aug 28 Jan Great 7% Western 20% Apr 7% July 95 Apr 18% Jan 6% Jan 17 13 3 Jun 14 Jan 12% Jan 3 Jun 54% Dec 49 Jun 30 56% Jun 71% Jan 59% Jan 22 V* Dec 18% Jun footnotes see 100 Jan 11% July 11 19 Oct 19 13 25 60% Sep 81% Oct 30 24% Jan 4 13 28% 100% 100% ♦100% 101% No par *33% 34% 15% 15% 15% 16 15% 15% 15% 15% 43% 42% 43% 42'A 43 42% 43% pfd 101 No par 43% No par 18% 100 *150 X33 18% 18% 150 151% 33 18% 151% *13% , *33 18% 150 14 13% 34 *73 78 *73 37% 37% 38 38 37 *18% 18% 18% 19 19 10 *73 19'A 10% *150 37% No par Tap «fc Die Corp 18% 18% 10'A *73 78 78 ll Gulf States Utilities Co__2li_No 25 99% 99'A *99'A 31% 31% 32% 31 Va 10'A . 8%. Gulf Mobile & Ohio RR com.No par $5 preferred iJNo par Gulf Oil Corp 99% 31% 100 1 10'A *99% 3 1 Grumman Aircraft Corp Guantanamo Sugar commonl U3 15% '15% 42% 18% 18% * par#^ 8% 8% 8% 8'A 78 11 17% 16% 57% 58 77%. 77% 76% 77% 75% ,*19% 19% -46% 19% 19% 19'A 13% 6,400 410 1,900 38 38'A 38% 38 % 19 19 20 19% 19% 1,200 10'A 10'/a 10% 10'A 10% 21,100 99% *99% 99% *99% 99'A 20 31% 31% 3 2'A 31% 32'A 7,800 8% 37A 87A *8% 8% 8% 16% , 16% 167A 57% 58 53'A 76 19% .76% 19% . 77- 19% . r 17% 58% v17% . 58 77 Va 78 19% 19% 19% , . is 900 17.600 17% 58 73 page 23.*---- ' 78 31% 17- 76% 18% 150% *73 ♦99% 57% * 58 , 15.300 19 8% 17% 58 13 3A 150 *73 10 4,900 15% 10 99% 58 200 1,300 4 3'A £• 150% 18% 150 78 1 13 33% 43% 1,600 37% 37 32 17% : 8% 15% 150% 142,800 3 8% *33'A 13 *33% (The)— 10 f 42% 33% 150 2% • 33% 13 13% *33% 1 100 Inc Common preferred 28'A Prop__No par (H 4%% 42% 28% 13% Bay & Western RR 28 44 28'A 100% Green 35% Aug 16 41% 29 13% Green Greenfield 45% 28% 100% 7 11 43% 29 14 Sugar com Co 44% 43 101 30 L) 32 34 *13% preferred Greyhound Corp 11% Jan Ore 33% 34 1 corn- preferred Gt Mar *28% 100 18 Aug 30 5 preferred Grayson-Robinson Stores $2.25 44 Nopar common 10 2 9% July 17 (The; Oct 35% Aug Jan Union 44% Jan 6 41 For 53 103% *105 4% % Gleaner Jan 52 *102 35 Glidden Co 16% *106% *106% 52% 28'A 3 23 9% 107 % 106 % 103% 120% 11 Jun 5,600 35 24% Jan Feb 23'A 27% 31% May 5 23 119% July 12 15% 23 % 36% July 17 93% 23 28% 16 Jan 22% 36 22 % Dec 22% 28% Dec 16% 23'A 36% Aug 62% 22% 28'A 28% 133% July 23% 28!A 25% Apr 23 *35% Dec 93% 23% 57% Telephone Corp__ Jun 20% Mar 4,600 20 General 17% Aug 22% General Time Corp common__No par 21 1% May Feb 4% 10 Corp 2,400 21% 58 Refractories 19 20% *26% 9% 100 35% Sep 20 4% 4% 57% preferred 20 21% ^No par Corp 20 26% *100% 5 Utilities Corp Railway Signal com 6% 32 (A Oct 79% 5% Equip 20% 4% 5 97/8 Portland Cement Co_ Precision 2,400 21% *26'A 58'A General Public Service 19% 26% *125 Advertising 19% 21% 48% Nopar $3.75 series Outdoor 500 19% 27 4% 27 Saturday preferred 27 24 106 4% *20 9% General Motors Corp common 30'A May 2 101'A Jun 30 Jun 45% 203/8 *57% Realty & Utilities Jun 104 20 LOW General Jan Jun 20% 19 4% , 3 18% Jun 20'A 20'A 500 19 21% *48 STOCK 8% Oct 22% Jun YORK July 13 Jan 98% is y8 *26% 116 preferred—100 Gen 122 34 18% 4% 15% General Public July 100 18% 1 19 99 % Jan 18% Nopar 23 Jan 5% *17% , 263/4 30% Corp 20 Dec July 18 213/4 *68 Nopar 26% Oct 24% 48 39% *17% 8% Nopar 126% Feb 34 Mar 9% *39% 18% 8% 20% 50 7 Mar 73 9% 39% ♦17% 8% 8% 22 % 100 3 17% July 119% Sep 24 5% 9% 39% 18% 8% 26% 52% Par 15 Dec 5,400 8% 39% 8% 263/4 Nopar $ per share 102% Jan Jan 17,300 1,100 *39 10 EXCHANGE Highest Sep Nov 18% 100 preferred 3%% convertible Dec 20 % 18'A *17% *154 5% 19% 17 18% 18% 10 General Mills common 104 % 124% 10% *18% 22% 106% Nopar Instrument 5,800 10% 18% 39 156 $3.50 preferred 9% 10% 18% 18% 10 Co 9% 10% 18% 22 *102 100 Electric 9% 10% 18% 39 *154 preferred 9% 10% 18% 23'A ;___5 Nopar Co Inc com 9% 10% 19 5 common Corp— 9% 10% 223A *26% 100 General Foods Corp com General 4% 9% 10% 22'A * Investors com„1 preferred General Feb Jun 1 19 9% 10 39% 18% Nopar Bronze conv Jan Jan 20% Industries Inc com General Cigar 13 May 2 Baking Co *97 15% *18% (The) 8% *39 18% 18 Nopar General Cable Corp com 4% 1st preferred 4% 8% 39% ' 50 Nopar preferred General 8% *38% 5 common Amer Transportation 5 preferred series A—No par $4.25 15 11% *18% $4.50 preferred General 28 120 18% preferred American General 48% Sep Dec *18% 4 % % convertible preferred—-50 Gaylord Container Corp 1.66% 122 % Jun 3% 10% (The) Corp Sep 16% Mar 10% Gardner-Denver Co 127% Jun 10% 20 Gamble-Skogmo Inc Gamewell Jan 2% 9% preferred 123 % 11% July 10% STOCKS lTear 1949 t per share 9% common—,1 (Robert) Range for Previous Lowest 1 2,300 - 20.500 9.500 > 16 The Commercial and Financial Chronicle (1744) NEW Range for Highest Lowest Highest $ per $ per share t per share NEW Range Since Jan. 1 Year 1949 Lowest STOCK YORK YORK LOW STOCK Monday, November 6, 1950 . PRICES SALL $ per Nov. 3 Nov. 'I Nov. 1 share $ per Sales for Friday Thursday Wednesday $ per share $ per share t per share Par HIGH Tuesday Oct. 31 Oct. 30 Oct. 28 $ per share share AND Monday Saturday EXCHANGE . RECORD STOCKS Previous . $ per share the Week Shares share H Hackensack Jan 39% Dec 30% Sep 28 46% Feb 16% Jun 24% Dec 22 % Apr 20 32 % Aug 24 Jan 14% Dec 13% July 25 18 11% Jun 13% Dec 11 % Jun 81 Jan 72% July 104% Apr 18% May 20% 12 19 3 Nov Apr 11 Jan 20 Jan 3 28% Nov Feb 141 Jun 30 149 148 4% 6% Dec 27"% Jan 12 7% 5% Jan 3 7% Feb 10 Hat 64 % Jan 5 81% Nov 1 8% July 13 11% Oct 9 68% Oct 10% Dec 5 3 8% Jan Feb 25 Dec 20% July 18 24 % Jan 10 Jan 25% Dec 25 33% Oct 23 84 Jan 95% Dec 30 Jan 37% Dec 93% Feb 3 32% Aug 16 4%% 5% Jun Jan 9% 103 July July 17 Mar 20 98% Apr 9 Jan 107 Oct Jan 23% Jan 32% Dec 25% Aug 34% Jan 42% Dec 39 July 14 44 13% Jan 17% Aug 14 Jun 20% Mar Jun 53 49 40 122% 105 Oct Dec 1 29 July 27 122% Aug Heinz 3.65% Mar 10 58% May 19 131 Sep 45 Dec 34 July 25 48 Jun 52 Nov 53% Dec 52 % Aug 23 56 Feb Xl3% Aug 14% Jun 21% Jan 22% Feb 80 2 21% Jan 15% July 14 10% Jun 27 Dec 84% Sep 68% July 24 8% May 11% Jun 12% Dec 11% Mar 6 14% Jan 4 77 18 % Jan 14% Sep 27 Hilton Hinde July 12 19% Sep 16% May 5 12, 9 Hires 22 Nov 31 8 Holland Furnace 1 Jun 8% Jun 15% Oct 10% Apr 5 17% Sep 6 16% Jun 22% Jan 16% Apr 18 20 % Aug 18 Holly 24% Mar 28% Sep 25% Jun 12 29% Mar 7 5% 50% Nov & 34% Jan 31 July 25 477/8 Jan Dauch Hollander 11 Homestake *24 Apr 13 44% Oct 3 100 Jun 116 Dec 109 Jan 13 147% Oct 23 94% Sep 101 % Dec 101% Jan 12 107 9% Jun 13% Dec 10% July 13 29% July 27 14 Jan 9 34 Jan 10 $2.25 38% Feb 10 Household 34% 32% Jan Dec 30 Feb 35% Nov 28% Jan 41% Nov 86% Jan 99% Dec 42% Jun 48% May 46% Jan 13 44% 38% Jan 12 29% July 13 94 Jun 28 103 July 3 Hooker Nov 2 4% 19 Dec 11% July 21 35% Mar 9 19 % Oct 25 Jan 49% Sep 8 Hudson Bay 14% Oct 13 17% Oct 7 Hudson Jan Houston July 25 9 15% July 31 4% Apr 22 July 17 25% Apr 13 Foods t per share 31% Jun 22% Feb 73 Jun 20 Jun 25% Jan $ per share 36% 36% 100 $ per share 32% July 25 Dec 7% 21% 4 30 11% 8 12% 86% 9% Jan Dec Jan 5% July 14 May Dec 42% Mar 28 Oct 63 Jun Apr 41% 160' Aug 26 8 16 1 Jun 2% Jan 92% Aug 9 1 % Jan 25 9% Jun 13% Jan 12% Jan 29% Dec 164% Jan 180% Dec 14 13% 14 13% 13% 137/a 14 13% 13% 17% 17 17 17 17 17/ 13 13% I14 '23 185 13 July 17 25% Jun 9 Jan 19 65% Sep 22 27 171% July 13 54 Jan 25% Oct 17% 17% 17% 18 13% 18% 2,200 *27% 28 27% 27% 27% 27% 27% 27% 27% 27% 27% 27% 1,200 38 5.400 42 2,000 38% 38% 38% 22% 38% 100 3 33 Oct 240' 130 12% 3.200 12% 12% 32% 327/s 32% 12% 12% 12% 32% 33 33 % 33% 1.200 33% 34 34 34% 34% 34% 34% 2,200 98% *97 QSl/o 2 93 98 97% 97% 105% 106 106% 107 107 98% *97% 98% 105% *104% 105% 53 *97 105% 53 53 54% 5% 73% Feb 10 Dec Jun 34% Oct 31% Jan 81 Jan 86% Oct 33/4 Feb 6% Dec 25% Jun 7% July 12 133 Dec 31% 143 Jan Feb 25 Aug 18 3% July 31 25% Mar 31 130V4 Feb 24 12% Nov 33% Dec 37% Dec 94 Jan 103% Nov 7% 3 35% Jan 25 Feb 4% Nov 43 Nov 50 Jun 61 Feb 41 Jan 46% Oct 38% Jun 57% Jan 303/4 Aug 34 Jan Jun ' 7% 14 18% 24 71 Feb 104 5 Feb 53 "8 53% 53% 52 % 21% 21% *21% 22% *21 % 22% 100 40% 40 40 40% 40% 40% 40% 1.200 8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 1,700 16% 15 51% 23 *8% 8% *16% 17% 49% 49% 16% 16% 167/8 16% 16 % 16% 15% 15% 14% 15% 14% 14% 3% 3% 3% 3% 3% 3% 20% 20% 20% 19% 19% AND HIGH 20 LOW Saturday Oct. ' - A Oct. 39 34% 48% 34% 35% > 59 *72% *160 47'4 *90% 46 46 32% 32% *50% 8% 8% 8% 8% 28% 28% 28% *6% 7% *6% 7 59 .100 *98% 52% 17% 10% *10 24% 24 100 2% No par 16% 17 No par common 72% *160 17% No par Machines '58% " 73% 162 '214% *98% 215 No par 31% _____100 *176% 51 58% 72% 162 52% 45 45 32% 32% *50% 58% 15% $ per 35% 35% 47% 91% . 45 ■ 35% 47% 91% *45% 32% 46 32% 8% 8% 51 8% 28% 28% 28% 28% 28% 7% *6% 7% *6% 7% 59% 71% 59 58 *71% 73 160 58% 73% 160 59 x71% *158 31% 35% Sep 137% Jun 14% Aug 59% Sep 110 Sep 9% Oct 72 Oct 69 52% 52% 52% 52% 53 54 53% 53% 11,000 17 17% 17 17% 17% *10 10% *10% 17% 10% 17% 10% 17% 10% 25 23 23% 23 23% 23% 24% 23% 99% 97% 98% *97 98% 98% 98% *97% 2% 4,700 100 7,100 120 , 2% 2% 2% 2% 2% 2% 16% 16% 16% 16% 16% 217 31% 176% 211 30% 177 212 212 213% 214 31 31% Aug 20% Jan Nor 28 4 July 12 23 16 10% 10% 10% 10% 11 10% 50% 51% 51% 52% 93 91 92 % 52% 50 51 92 % 91% 91% 3% 3 5/s 3% 3% 33% 33% 32% 33% 32 % Preferred 100 International International 1 Packers Paper preferred— $4 18 30% 45 Apr 175% 176% 27 % Sep 22 21% Sep 27% Jan 5 35 July 11 141 135 23/4 Jun 7% Dec 113/4 Jun 18% Jan Jan 94 Dec 44 Jan 59% Oct 95% Jan 105% Dec 50% Dec 30% 293/4 Jun Jun 54 % Dec 102 Feb 21 Jun 33% Jan 73 Jun 86 Dec 109 Dec 40% Mar Oct 5 6 54 % July 19 103 Jun 26 7% Jan 51% 27% Jan 109V2Mar20 13 45% Nov 2 81% Jan 13 97% Oct 31 23% July 17 34% Mar 6 Jun 12% Jan 9 Mar 24 23% Oct 94% Jan 102 Aug 100% Feb 105"% Nov *34% Feb 49% Dec 52 98% Jan 26 25 103% July 13 43 July 3 57% July 13 13% May 16 25% Sep 15 103% Apr 10 109% May 18 62% Oct 18 Jan 62% Dec 14% July 17% Nov 14 % 10% Jun 14"% Jan 10% Jun 30 17% 13% Jan Jun *23% Dec 20 V4 Jan 13 28 *13% Oct Jun 19 19% Dec 16% Jan 30 25% Oct 23 For footnotes see page 22. July 26 67% Oct 19 Mar 25 53 134 700 3,200 33% 25,^00 134 ] 106 *132% 134 132% *132% 133% 13% 12% 13 12% 13 12% 12% 12% 12% 7,300 4434 45% 43% 44% 43% 44 % 43% 45 V'a 44% 45 % 29,500 105 105 104 104 *103% 132% 105 *104 105 104% 20 105 600 8% 8% 66 % 66 % 67% 69''2 68 69 X68 *69 72% *69 72 % 68% 68% 68% 68 % *68 % *42% 42% 42 42% 41% 42 42 42 42 % 42% 42 42% 1.500 58% 59 58% 58% 57% 58 % 57% 58 58 % 58 % 53% 58 % 2,100 35 % 36. *35 % 35% *35% 35% *35% 12%" 13 12% 13 12% 12% 12 % 12% 12% 20% 20% 20 % 20% *20% 20% 20% 20% *20% *27% 27% 27 27% 26% 26 26 30% 30% *29% 30% 29% 29% 25 * 25 No par .. 1 8 26 9% 8% 8% 35% 8% *35% 8% 3% 67 68 70 *68% *35% 36 3% 3,400 970 68 < 70 200 36 12% 12% 12% 21 21 21 1,800 27% 27% 27% 2.600 *23% 30% 30% 30% 400 27 67,500 26% 26% 25% 26% 25% 25% 25% 25% 25% 26% 26% 26% 10,000 20 20% 20 20 % 19% 20 20 20 19% 20 20 20'4 3,900 33 33 1,100 *140 141 Power & Creek Light Coal Co— ^10 50c (F L) Jewel . Tea 3%% *33 1 common preferred *139 Co No par & 5% Joy 18% No par *62% 64 63 63 100 *104% 4% Southern non-cum 6 Kansas Power Kayser (Julius) B *32% *140 32 7 a 141 _ *104% 43 42% *58 % 60 *59 % 61 6% 18% 6% 18 % 6% *6% 18 % *18% 6% 6% 18% 94 *93 % 94 62% *61% 62% 62% 105% 104 % 104 % *104% *104% 42% 42% 42% 42 '4 60 59% 59% *59% *106% 107% *106% Co.. conv class 4.700 170 63% 600 *104% 105% 105% 6% 18'% 94 *62% 94 18 % 93 ' 62% •94 105% 50 400 43% 42% 44 42 % 43 % 10,300 60 59% 60 *59% 60% 400 107% 107% 107% *10634 43 % 43% 42 44% 41 42% 42% 44 44 45% 44% 97 97 96% 96% 96% 97% 95% 97% 96% 97 96% 97 1.440 28% 28% 28 % 28% 28 28% 28 % 28% 23% 28% 28% 29 3,800 *106-% 107% 107% *106% 45 % 93,000 - . 11% 11% 11% 11% *11% 11% 11% 11% 11% 11% 11% 24 24 24% 24% 24 24 *101 102 101'% 101% *1.01 102 *101 102 *101 102 *105 106 *105 106 *1C5 106 *105% 106% *105% 106% *105 61 59 61 11% *101 com..No par Light Co & Kelsey Hayes Wheel Class 33 141 100 preferred & 32% *140 100 preferred 9 33 141 *106% par __1 . 106 % 42% .' .100 preferred City 6% *18 *93% Co. 18% 6% 18% Kalamazoo Stove & Furnace.....10 Kansas City Pr & Lt Co com.No par Kansas 6% 94 Laughlin Steel com__No cum 7 18% *93 __ Manufacturing 4% 3 2 7/8 *140 94 preferred series A 3.80% 33 141 ' Manville Corp. No par Johnson & Johnson common—.12% 4% 2nd preferred series A iOO Jones 33 *140 *93 pfd..100 Co Inc common preferred *6% 1 , Johns . 33% 141 . K CO 33 % 8% ' Jaeger Machine Co 1 Sep 26 32% 3% 67% ' Jersey Cent Pwr & Lt 4% 3 64 3 33 3% 31 Jacobs 51% May 18 Jan 5.500 93 3% 31 $6 11 36% July 26 106% July 21 51% 93 2% *66 common preferred Island 18% Sep 25 96% May 15 70% Mar 32% 3% Iowa 3 107% Mar 8% 32% 3 % 12% 45% *105 134 *91 —No par Iowa-Illinois Gas & Elec Co..No par 29 48 Jan 30% 5% July 18 14% Jan x91 6,400 No par Dept Stores 'Intertype Corp.— July 27 Jan 380 10% No par Shoe Interstate 14 16% 100 par International Telep & Teleg—No par International Utilities Corp 5 Sep 25 *133 13% 45% __Ne par International Silver 19 134. 13%' 7.50 5% 7% ■*133 15 common J 81 Limited Int'lRys of Cent Amer com„No 19 29^ 17% July 26 Feb 7 50% *91% 7 Apr 21 22% Jun 10% 3% 1 3 11 52% 7 July 17 10% 93 % 61% Oct 9% Jan 10% 3% 36% May 17 10% . 52% 18 23,500 176 *91% 42% July 3 32% Aug 30 Apr 148 18 31% 30% xl73% com—5 International Dec 136% Aug Chemical & 24 23 Jan Minerals 17,100 3,600 176% 4% preferred 100 International Mining Corp rl Int'l Nickel of Canada com__No par 8 28 20 32 Int 6 220% 16% 176% 30 7,000 220 219 177% 30% 10% 24% 99 2% " Hydro-Electric Sys class A—25 Oct 11% Jun 21 3,000 700 30 162 *10 16% 31 32% 51 17% 2% 176% 93 46 10% 17'% 215 177 72 *158 2% . 8% 28% 6% 60% 72 1.600 13,500 100 740 12,800 100 2.300 2,000 1.100 60% 162 16% 2% 36% 47% 8% *28% 6% 48% 91% *50% Shares 36% x46% *91 45 32% 51 35% 51 8% share $ per $ per share share Sales for the Week Nov. 3 Nov. % *90% 45 162 1,000 Friday Thursday Wednesday 32% 72 16.500 20 20 32% *160 2,100 3% 3 % 3 % *50% 51 15% 15 15% 20 3,000 26.600 PRICES SALE 46% 48 32% 52% 24% 35% 91% 51% 17% ' 35% 48% 92% 52% *10 „.5 common 7 35% 47% , 900 17% 50 15% 3% 20 Nov. I $ per share *90% 46% 32% *50 share / 92 *46% 50 t per Tuesday Oct. 31 48% *90% 1000 Co Monday >8 S per share common.100 preferred 15% 3% 20 20 17 % 50 15% 15 % ' No par 17 % 49% 17% 49% x 16% 15% 3% 6.66% Rubber 46% Jan 25'/8 Oct 24 Oct 9% May Int'l , 3,600 52% 22% 40% common...No par 52;. July 25 38% July 18 Feb 34 3 93 6 53 53 *21% 40% preferred International Salt July Jan 1 July 12 49 % Jan 13% Apr 56 % Oct 2,400 52% 54 ' 24 160 54 *52% 53% 40 107 *106 52% 53 53 53 40% Iron Harvester 7% 104% 32% *97% No par Int'l 23 Jan 16 *103 *21% Steel Co Business 103% 103% 41% 100 Int'l 103 103% *40% preferred 4%% 139 33% *104% 28% Interlake *137 34% 34 % 52% 50 139 % 33 33 35 52% 104 41% 41% *137 139 12% 12% *2838 Intercontinental Mar 29 32% Oct 181 9 18 *103 38 33 41% 41% 41 *135 12% 12% 33 1 *34% ' : 42 140 37% 38 37% 38% 41 12% 12% Cons Copper..—__20 Insuranshares Ctfs Inc 1 July 25 17% Oct 37% 140 % 690 13 54 preferred Corp preferred *12% 12% pfd ser A__100 Interchemical 13% 13 18% Inspiration 17 *12% 22% . 5 12% 500 8,700 17% Industria 18% Aug 23 11 22% 23 % 23 series Co 13 22% 13 ;_„20 ctfs cum 13% 23 % *13 13 22% 18% STOCK conv 9u0 17% 17 % 17 13% *12% 280 4,400 13% 1 YORK 13,300 75 *21% i Terminal RR Inland Dec Jun 75 18% Indianapolis Power & Light—No par Electrica De Mex, S A Industrial Rayon Ingersoll-Rand common.—...No par 33% Mar 27 25 18% 223/4 16% 75 13% 22% ; 8% Oct Apr Dec 16 75 13% 8% 6% 12% Mar 30 234 16 75 18% 23 5 2 38 16% Jan Illinois 10 Jan Jan 15% 75 400 1,200 18% ..12.50 Inc Power 4.08% Feb Jan *145% 16% 75 17 stock Illinois Apr Dec Dec 16% 15% 75 16% 49% RR 6 71 18% Jan Oct 175 10% 9 % Aug 49 1 Jun 95% 20 16 % 16% non-cum 29 Jan Jan 19% 49% 6% 4 8% 72% 20 42% 13% V 22% Par 9 29"% 53 % *19% 14 • Hussman Refrigerator Co 41% Mar 23 52% Jun Jan 165 19% 125 *123% 1 Illinois Central RR Co Jun Jun 19% 17% T25 Idaho Power Co 7% July 13 25% July 12 Jan 20 17% 3 Jan 55 20 50% 4 10% 155 20% 17% 40% Mar 15 Sep 33% Mar 310 3,900 49% 52% Oct 27 123% 53% 18% 98 25 123% 43% 49% 25 Oct 123% 50 123% 49% 29 July 13 4,000 .5 preferred 34 % Jan Jan 59% common..100 82% Jun 50 08 % ...10 $ per share 31 58 % 43 17 EXCHANGE 34 57% 58 53% 14 ! ...; Dec Nov 700 58 % 1,200 22 vtc Dec 34% Dec 377/b 15% 26% 41% 54 *17% NEW Jan 15% 26% *41 43 % 17 i__ Lowest 15% *53% 14 No par Car Corp Range Since Jan, 1 Highest Highest 15% 53% STOCKS Year 1949 41 15% 57% 125 ;.100 Range for Previous Lowest 27 15% 43 *123% 125 Min & Sm Ltd.-No par Motor Hunt 107 27 41 27% *40% ..—5 of Texas Manhattan Hupp *106 27% 41 107 *106 53 % 14 ; 107 *106 53% 14 ' ioo Howard Stores Corp..: Howe Sound Co : 3 56% 57% 20 200 33% *33 % 53% 14 100 19 12 33 % 53% 16 T50 247/b Oct 1% Jan 16 33% 15% 15% 75 preferred 59% May 19 8% Jan Jan 700 33% 95 42 % 16% 16% No par non-cum 5,500 33% 95 43% 76 ! com 44% Jan 5% 23% *32% 94% 43 43 *75 12.50 Co Oil 17% 22% 33% 94% 30 Mar 22 & 2278 *32% 94% 20% 20% ...5 common Light & Power 47% Dec *20 10 preferred Hudson 227/8 32% *53 % 53% Finance common..No par Jun 2% *53 % —1 preferred Jun 11% Co Houston 11% Mar 13 22% 32% 43 % *123% 126 100 E) Corp conv Feb 18% 57 42% common —1 Co Houdaille-Hershey 3%% 22 *93% 27% 41 *40% 104 Dec Jun 15% *103 11% Nov 15% 104 Jun , 16 ' *103 15 1% May 41 *15% 107 27% 277/8 41 43 33 8% 27% 42 ..5 Paper *106 107 27% *41 144 Oct 9 33 *42 Jan 10% 22% 32% *140 16 I j 21% 23 43% 46% July 13 6% 3.900 144% Feb 8% 800 6% 43 Jun 33% 10% 6% *142 Jun 1 10% 6% com.—5 12% 7% Aug 10% 6 % pfd series A No par preferred .—No par 29% 4% Corp Electrochemical 31% Oct 82 *10% 6% $4.25 100% Aug 29 56% Jun *81% 10% 6 % $4.50 2nd May 24 107 81% 10% 33% 57 10 82 *81% 81% 6 % 33% 42% 1.400 10% *33% 57 1,900 6° a 6% 82 33% *124% 10 24% 24 6 % *33 par 6% 10% *81 33% *106 24 % 6% 10% 82 94% 107 ' 24% 20 9,500 146 *143% 143% 40 28% 28 27% 27 143% 6 % *93 % 27% 107 6% 24% 6% 95% —5 preferred Mining conv 25 6% *93% 50 & Sons........ (A) Sugar 24% 6% 95% —..No par (Charles Co 25 % .*93% *106 *106% 24% *143% 34 100 Corp Sep 146 *33 *33 107 500 75 146 *143% 227/s 25 *74% 27 33% common.._No par Chemical Dec 26% 100 preferred series A 15% 22% 75 *106% 106% 106% 27% 26% 146 6% 6 % 6% 27% 107 22% 100 29% 10% *106% 12% 12% 12% 12% *74% 75 *74% 33% 10 Jan Dec *81 74% 12% 12% 127/8 74% 108 6% 10% 25 Jun 25 82 preferred.; 12% 15% *143% 12% 5 common..., 20 27 27% *31% 15 Inc Hotels *106% *80% .2 preferred series A 3% % 75% *10% Co Powder Heyden Jan 12% *74% 1 common—.! Hewitt-Robins *12% 100 Hershey Chocolate common..No 4%% 2,000 127/a 75% 6% preferred 5% 9,300 17 25% Motors—: Hercules 127% Mar 13 Feb 26% Mar 31% 16% 6% , Co non-cum Hercules 3 2,000 31 17 *25% r Glass W) 32 31% 17 1 preferred <G 7% 32 31% 17 10 common— preferred Helme 337% Mar 16 31 % 31% 16% 146 Marx. & America J) 31% 30% 17 *143 % common HI 31% 31% 16% 100 Corp Co 3%% 26 98% Mfg 317/a 30 % 17. *106% 27% preferred Hazel-Atlas 5 41 Hayes 32 32 16% 108 Industries Inc.. Hecht 31% 31 com..No par Refrac Schaffner Hayes 7 19% 20% 100 Co $4.25 pfd__No par Corp of 31% 12% __5 preferred Hart Nov Jun <M A) Harbison-Walk Mar 31 Co preferred. conv Hanna 25% 23 % July 17 Printing 17% *74% ; Hamilton Watch Co com—No par 8 23% Jan 6% 14% Jan 80% Feb 108% Jan 61 15 66% July 13 (W F) 32 17% *31% 5 Hall 108% Oct Jan 4% Cementing 29 32 32 25 Well Oil .8ep 104 Nov 142 14 Water__ Halliburton 12 31 , A—1 1 57% 58% 53% 60% 67% *66% 67% 16% 17% 67% 67% 67% 17% ' 17% 17 17% 17% 17 % 13 13 12% 13 12% 13 27 27 26% 26% 26% 23% 23% 23% 23% 23% *66% 24% 60% *66% 100 8.75 5 60% 23?a 2'% 23% 24 61% 24 102 1 61% 67% 67% 2,000 9,800 40 106% 61 - . 8,000 67% 200 16% 17 15% 17% 10.400 *12% 13 *12% 13 12% 13 1.500 26% 26% 27 .27% 27% 27% 27% 2,500 23% 23% 24% 23% 24% 24 24% 7,400 *66% ' Volume 172 Number 4957 ... The Commercial and Financial Chronicle NEW Range Since Jan. 1 Year 1949 Lowest Highest Lowest $ per $ per share $ per share 1 63 % Oct 17 27% May 24 No par 45% Mar 15% Jan Jun 25'A Dec 24 Jan 13 Jun 16'A Dec Mar 72% Jun 31% Feb 17'A 10 % 62 25% 45 .No par 67'A 61 61% 25% 41 18 *24% 72% 72% 72% 72% *72% 72% 72% 72'A -___10 3 3'A 33'A 32% 33% 32% 33'A 32% 33'/a Jan 93'A Jan Jun 26 4% Feb 43 Dec 37'A July 14 42% Jan 6 10 40% Feb 62% Dec 50 July 12 62 Jan 5 No par *52% 43 Jan 60% Dec 53 July 17 74 Oct 23 .No par 72'A 4% Jan 8 Oct 6 July 13 6% 6 Jan preferred Kresge <S S) *94% . Co. L Laclede Co 4 Consolid 6% pfd___75 Pesos Mex 3'/a Jun 28 6% Oct 31 La Jan 22% Dec 19% July 12 25% Oct 25 Lambert 9% Jun 11% Dec 10% Jun 5 12% Jun 22 Lane Oct 26 47% Jan 25 22 V2 Jan 19 37 18 37 Jan 45% Dec 40% Jan 25 43 Oct Oct 62% Sep 28 25% May 9 Jun 56% Dec 8'A Feb 11% Dec 20 Va Feb 26'A Sep 6% Jun 8% Mar Jun 72% Apr 37% July 91% Oct 186 Feb 170 X6% 52'A Jun 19 10'A Jun Julv 17 13% Oct 23 19 July 13 24% Jan y Jun x67 33% 39% Aug 28 3 28% July 26 7% Jun 27 42 Dec 57% July Oct 28% Feb Mar 31 Nov 2 11% Aug 3 82% Oct 27 Lima-Hamilton Link Belt 42 Lion Oil Jun 9 14% July 12 21% Jan 9 71 3 81% Apr 17 16 Va Feb 25% Dec 23% Jan 13 34% Aug 1 14 Va Jan 18% Aug 18% Oct 4 Loew's Jun 76 Jan 27% Jan 19'/a 172% Dec 1 Aug 22% July 18 Dec 164 32 Dec x30% Sep .7 27 31% May 41% Jan 34% Jan 3 Jun 25% Sep 22% Mar 24 Oct ——— *97% Feb 17 153 23% 20% Jan July Mar 16 81 15 100 Jan Jun 21'A Mar 17% Jun 29 Liquid Carbonic 3%% 33 % 51% 50 50 50 50% Lone Inc Jan 19 36% May 23 47% Oct 18 38% Sep v 21 ______ 102% Nov 4%% 27% Oct 23 Lukens $ per $ per share Highest share NEW 8% 8% 7,100 47% 47 47% 47 Va 47% 47'A 47% 4,400 9% 9% 9% 9% 17.JOO 1% 1% 1% 1% *18% 18% 18% 18% 5% 5% *5% 5% 300 60'/a 2-.80O 13 2,100 9 1% 18% 18 18 9% 18% 5% 18 *5% 5% 60% 59 60'A 60 60 60% *12% 5% 5% 4,300 1%, 1,100 21% 21% 22 22% 22% 22% 2,900 35 34% 34% 15,600 8% 8,100 35% 35% 34% 8% x35% 8% 36'A 82% 8% 8% 8% 8% x6% 8% 8 % 34% 35% 34% 34% *34% 35% 34% 34% 1,400 81 82 80% 82% 82% 82% 8 3'A 6,700 180 180 82% 82% 180% (Md) 81% 180% 39% 40% 10% *82 38% 17% 180 39% 9% 10% *80 82% 38% 37% 17'% *73% 17 73% 74% 30% 30% 16% 17% 26% lo , , 12% 25'A 100 *167 *32 43% *25% 10 80% 81% 38% 17% 37 38 74Va *73 YORK 30% 8,200 *77% 78 39 39 % 38% 39% 14,300 16% 16% 16% 5,700 17 16% 16% 74% 73 73 30% 31% 16% *73% *73% 75 31% 16% 16% 16%, 75% 75%, 26% 26% „ 12% 23,100 25% 25% 4,200 169% 168% 16816 GO 31% *31 % 74% 75 27% 12% 26% 26% 12 12'A 11% 12 Va 12 12% 25% 168% 25'/a 25% 25'A 25% 25% 12% 25% 168% 168'A 31'A 31% 42% 43 25 25% 167 31% 32 43% 36% 29% f per 32% 43 35 35% *101 102 24% 25% AND *101'A 102'A HIGH SALE 31 % , 43'A 43% 35% 35 Va 102'A. *101% 102% 102 '/a 24% 24% 25'A 24% ' 5,100 31% 2,000 3,500 35 4,300 28 "lO 102% 25 3,200 * PRICES Friday Thursday I per share S per share Sales for the Week Nov, 3 Nov. Z Nov. 1 Sper share Sper share 34% *27 29 2,800 43% 43 *27% • Wednesday Oct. 31 share *168 35% x24 % 25 16% 29% 35 *27% 29 Tuesday Monday Oct. 30* I per share 167 42% *27 17 16'A 17,400 17,700 31 Va 74'A 16% 400 75 31% 31'A 26'A .... 800 79 73 39 73% *100% 102 Oct. 2K Par 1.800 9% 26'A 35% Saturday $ per share 41% 9% 79% x78 38'A 31% 41%, 10 74 16'A LOW STOCK EXCHANGE 10 26% *27 __ *100% 100, 82 140 42 9% 40% 73% 32 x42% 36 __ 10% 9% 26% 25% 44 35% 50 39% 10 % 74 *167 32% & Sons Inc com__l, 40% 9% *179% >180 31% 17% 27 12% . 168% No par 39% 181 182 40%. 181 181 40% 16% 82 74 , 26% 12% 25'A 180 34% 30% 16% 73% No par 34% 34 34% 8% 33 ' 34% 35% 8% 37% 73% Steel-Co— • 8% 22 preferred series A Range Since Jan. 1 Lowest Highest x8% 21% "When issued" 3 50 9% 22% Nashv.ille.__. (M) 2, lOO 9 22 No par A___No par Corp 7% preferred...!— Louisville Gas & Elec Co (Ky) & 24% 100 *99 100 1,100 22% (P) Co common.... Lowenstein 24'A 24% 24% *99 51 22% ..No par Cement Long Bell Lumber Louisville 50% 49% 23% 100 1,700 9% 9 47'A 23% *99 100 34% 13 1 Lorillard 174 24% 100 *50% 700 44 12% Corp com___No par preferred___10C 28 4 *99 34% 12% 7 Long Island Lighting Co__ Mar 18% *5% 5% 23% 24% 100 *42% 33% 12% 10 _ Star 24% STOCKS Year 194!) I per share 34% 44 *42 yB 34 12% convertible Range for Previous Lowest 43% 35% 12% 5 28% Aug 17 12% Aug 28 — 95 43% 34% 13 Lockheed Aircraft Corp 11 *42% *42% 3.100 60% No par Jan 21% July 17 12 60% 12% No par Dec 14% July 1? 60 Va July 26 12 12% Corp.; 17% Oct 12 61 Co 78 Dec *11% 12% Co__ Jun 25% 12 43% *99 18% 5% Liggett & Myers Tobacco com____25 7% preferred 100 Lily Tulip Cup Corp No par Jun Jun *11% 36% 51 % 5 13'A 15'A 12 t>o% Savers Corp 65% X60 12% 12 43% 52 2,000 22% No par Lerner Stores Corp 89% Jan Jan Aug 5% 22 % 1 Life 187 5 6% 22% 5 Libby-Owens-Ford Glass Co Libby McNeill & Libby 29 27 6% 22% 59'A (The) 19 Jun 13,700 6 6% 22% '='35% 18% .No par 28 1 177 2nd pfd non-cum Oct 9% Oct 38 ' 1 Lehn & Pink Products 76% Sep Sep No par 1st preferred_.No par non-cum 7 6% 6% *6% 2 50c 2,900 22'A 9% $3 70'A 6% 1% 25 com 9 1 » 6% 6% 6% 9 30 1,300 70 22% 2 6% July 27 1,390 3,200 39% 53% 6% 9% Lehigh Valley RR Lehigh Valley Coal Lehman Corp 3 , 39% 53% 22 % 1% Cement 12 Nov 36 6% 7 6% 9% Jan Portland 64% Jun 7% Jan 44% ->35% 3.85% 51 '30% Aug 25 - 23%' 1% 2% July 26 21 Lees (James) & Sons Co 20 July 17 34 34 Va Tire 12% *43% 23% 12 9% 12 X41% ■='12 50, 6% 6% 1% 3 1% Jun 30 No par 6% 6% 23%- 9% 4% Jan Jan % Apr 70% 18 Jan 3 4 71 10% Oct 5% 14% Jun 70% 47% Jun Jan 71'A 47% Jun 8'A 71'A 47% 1% 24% 72'/a 47% 3% Juri 71'A Lehigh 38% July 13 Jun 72% 53% 71'A 7 Dec 4% 40 53% *6% 1 & 95'A 3 9'A 53% 23% No par Co Rubber 94% 40'A 53% 50% Jan 49% 15 Lee 94% 39% 53% 9% Jun Jan (The) Bryant common 4%% preferred Lane-Wells 94% 40'A 9% 9% Oct 33% Co 95'A 52% 9% July 13 95'A 39% 9% 7 95'A 95 4 Jan Jun 7,600 52'A 99'A 11% 6% 110 34% 40'A 24% 25 72% 34% 94% 99% 100% Sep *72% 52% 24% 24 72% 34% 40'/a *50% 3 Jan 72% 33'A 94% 5 Jan *18 40% common__3 20 94 400 18% 18% *18 53 95'A cumulative preferred___100 Lehigh Coal & Navigation Co 10 Jan May 22% 18'A ■ Gas 17'A Jan *17% 18'A ' Aug 98 *17% .No par 48% Jun 18 23 90'A Jan 18 28 X35% 16'A 40'A 35 % Oct 47 4,600 40 72% Oct 26% 41'A 39 11 Jun 40% 39% 41% 67% Aug Jari 1,400 41 39 40 24% July-12 19% 6,500 25 *24% Jan 43 60% 25 25 Dec 3% Jun 59% 25 59% 25 1 3 60% 58% 25 7% Jan 19,600 59% 60 25% 18% Oct 100 67% 24% 61 25'A 13% July 20 9 67'A 57% 59 25 -No par *17% Shares 67% 67 3 41 t per share 66% $ per share 66% 66% Sales lor the Week Nov. 3 S per share 67% 67% Friday Nov. 3 . share $ per share 67% Thursday Nov, 1 Oct 98 90'A $ per 67'A Wednesday Tuesday Octy 31 Oct. 30 I per share 5 3 Nov Nov Jun 11 Va 3 68 Par PRICES SALE HIGH AND LOW Monday Oct,.28 25 16% 39 RECORD Saturday * Oct 48'A 56% STOCK STOCK YORK EXCHANGE S per share share 49'A Apr Jun NEW Highest Jan 40 YORK STOCKS Previous Range for (1745) Share» M M9'A 31'A Oct 11% Feb 28 42 Dec 36% Aug 8 139 Oct 14 % Jun Apr 17 May 4 M & M Wood Working Co 5 13% common__i0 *40'A - xl3'A 13% • 131 Jan 135% Mar 3 9'A Jun 15% Jan 11% Mar 31 27% Jun 33% Jan 28% July 17 95'A Jan 104'A Dec 101 Nov 3 Jan 9 July 7 13 8'A July 10% 20 Jun Jun 6 'A 7 Jan 525 9'A Feb Dec Dec Mar 30 July 7% Jan Dec 18% Jun 15 10% Jan 510 Aug 11 Mar 15'A Jan 19% Jun 5 430 3 5 4 7% Mar 30 16 Apr 17 6'A Feb 10% Apr 17 'A Jun 25 Dec 'A Jan 8% Dec 16'A Mar 18% Oct 18% Apr 19 19% 24% Dec 23% Jan 25 6 Apr 95 % Jan 104 Dec 7% Jun 12 41% Mar 24 143 Sep 19 17% Aug 7 34% May 25 105 Jan 20 14% Apr 18 28 Nov 2 24'A Apr 19 550 MacAndrews 67e Forbes & preferred Mack Trucks Macy (R 4'A% Inc H) 14 % Inc Co Magma Copper Magnavox Co 9 12'A Aug 9% Oct 30 30 Mandel 23% Oct 23' Manhattan Mahoning Manati Sugar 9% Oct 13 Maracaibo Oil 3 35% Oct 3 Marathon 3 Marine Midland 19% May 4 Market St Apr Jan 100% Aug 9% Jan Jun prior pfd____ 100 18% 18% 29% 29% 100 *105% 106% 1 14% 15 18% July 27 Martin 13% May Martin-Parry Corp No par 11% Masonite No par 56% 11% 56% 1 17'A 17% 4'A% No par preferred (Glenn Co L) 9% July 19 48% July 25 Jan 12% July 13 69'A May 22 18% Oct 25 Master 28% Sep Mathieson Chemical Corp.. 8 27 Corp Electric Co Aug 49 Dec 45% July 13 98% Dec 97 Aug 18 100 Jan 12 $3.75 89 Jan 98 Dec 97 Aug 14 100 Jan 30 $3.75 cum pfd 80 Feb 88 Dec 87 Jan 10 90 Feb 18 $3.40 Jun, 12'A Dec 11% Jan 3 17% May 11 Maytag May 45 Dec 42% Jan 19 'A Mar 25 Jan 19% July 14 27% Sep 3 13 185 Sep 58% Oct 52 26 6 Mar 28 25 18 July 13 23% May 11 39 Dec July 49 31 July 25 3 Aug 17 9 37% Jun Dec 99 29% Jun 4514 Dec 39% July 27 52% Mar 15 24 Feb 34 Apr 30% July 17 39 41 Jan 60% Nov 44 Jan 90 % 100 July 19 loo iviuy Oct 3 18 7% May $3 cumulative No par pfd Corp common Corp convertible 3%% Electric McGraw-Hill common preferred; Jan 3 33% July 13 42% Feb 10 21% July 13 26 % Jan 9 12% Apr 14% Jan 5 18% Aug 16 McQuay Norris Mfg Co 3 32% Oct Mead 70% May 17% Mar 17% 93% Jan Nov 28% Jun 34'A Oct 20% Jan 27 Dec 82 Jan 5 32% Jan 6 X21% July 19 11 93 Sep 13 64 Oct 11 27% Jan 9 Jun 13% Jan 10% July 17 14% May 26 34% Jun, 49 Jan 42 12% Jun 15'A July 7% Jan 13 48% Jun 14% Jan 16 19 8% Jan 27 Apr 43% Dec 39% Jan 90 Jan 99 Dec 96 18 July 23% Jan 7 % Mar 30 % Jun 97% Jan 40 Dec 104% Dec 105% Oct 110 Va Feb 8% Jun 14% Jan 6% Aug 11 Jun 14 Va Jun 18% Jun 124% July 10% Aug 7 Va Jun; 48 Dct 18% Dec 34 Dec 139% Mar Min Co 12% Jan 12 Jan Jan 110 Apr 12 6 104 Jan 22 16% Sep 8 3 23 13 July 18 10% Jun 8% July 7 18 July 13 28% Jan 22 52 Oct 20% Mar 52% Oct 139% Mar 13 7 24 7 29 14% Sep 13 3 12% Oct 13 $3.50 Transp Inc Machine Mesta Co Scott 4.35% 3.85% Middle South Midland Steel Prod St P 31 ^ Mar 101 Nov July 17 99 Jan For footnotes see page 22. 10 42% Apr 111 15 May 23 Inc 54 47% *34% *101% 46% *37 x50 ' 38% *21% *16% 28% 92% *57 107% 104% 103 15% 10 48% No par 5 16% , 50 138% 15% 48% 16% 15% 48 16% 50% 49 % 138% 138% 14% 11 No par *14% 14% 11% 11% 9% *9 'A 9% *9% 9% 9% 9% 500 20 >A *20'% 20 21 8'A 33% 9% 19 7% 33% 9% *18% 29% 105% 15% 11% 57% 29% 106% 14% 10% 56% 17% 16% 27% 22 45% 36 102% 47%, 38 50 % 38% 22"% 16% 29% 92% 59 24% 12% 45% 18 6% 47 104 107% 104% 16 48% 16% 50 138% 14% ll'A *179 57 *98% 98% *87% 14% *45% 24% 20% 9% *18% 19 29% 29 106% *105% 14% 14% 12% 44%. 17% 6% 52 *95% 23 47% 103% *107 *103 15% 47% 16% 46'A 139'A 14 10% 36'A 36% 100 108% 108% 36'A 37 108'A 108'A 26,300 28 % 10O 2,800 29 105% 106 105% 140 % 14% 14% 14 14% 5,200 ll'A 6.10O 60 11% 10% 10% ll'A ll'A 57% 57'A 58% 59% 60'A 59 'A 16% 16% 16% *16% 17 17 17 90O 27% 27% 28 27% 28 28 28 9 700 182 *179 182 *179 182 *179 182 57 ,56% *98% *98 99 *87% 89 15 15 ' 88% 56% 57'A 98% 98% 98% 99 98% 88% 88% 30 14"% 15% 15'A 3,(00 "*■45% 46% 23% 24% J.j-00 21'A ?,700 88 % 24 24'A 21% 20% 21 21% 45 44 % 45 44'A 44% *34% 101% 35% 102% 46% 45 37 37 50 49% 38% 38% 38% 22 22 102 'A *101% 46'A *46'A 46% 38 *37 38 51 51 J. 1. *37% 50% 50'A 38% 38% 38% 39 *21% 22'A 22 16% 16% .. bOO 00 : .00 00 29 29'A 6,800 92'A 28% 2 9'A 92 % 92 92 *57 58 58 58 24 23% 23% 59% *57 24% 24 60 23% 24% 12% *44% 46 17% ,17% 17% 6% 6% 13 6% *44% 17 *6% * 12% 46 12% 12% 12% 44% 00 *92 16% 29 *92 *44% 17 17 'A *6% 6% 53% 51% 53% 53 *95% 97% *96 54'A 54'A 97% 00 .00 16% *16'A 16% 02 % a 22 28% /6% '29% 3 OO 35'A 102'A 46 49% 22% *101% 50 . *34% 35% *34% 45% 38 ' 280 46% 24% 45 102% 310 14% *87% 24 21 A *45% 15 46% *21 24% :>oo £, 98% *98% *45% 46% 5,100 58 56'A 99% 98% 98'A 56% 99% 36 *16% 28% *92 *56 24% 1,900 9% 18% 11 *34% 102% 45% *36% *22 *105% 14% 33% 9% 29'A 28% 106 2,000 18% 9% *18% 29 33% 34 * 9'A 19 8'A 19 34 33% 9'A 45% 50 38% 8'A 33% 9% 8% 8'A 400 21 21 21 *20% 33% *45 . 7% 8 21 8 97'% *96 12% . 90 )0 M, 00 3, 90 10 46 -17'A I; 00 6% 00 54% 1 00 f JO 00 97% 23% 23 23 'A 23% 23% 23% 23% 47% 4 6'A 47 46% 46% *46% 47'/a JO 103% *102% 103% 103'A 103'A MO 107% *107 107% *107 107% *107% 107% 104% *103 104'A *103 104'A *103 104% 102% 103 15% 15% 15% 15% 15% 15% 15% 48% 47 4 8'A 46'A 48% 43% 49% 17% 17 17% 16% ,16% 47 48% 17% 17 49'A 48% 139% 138% 138'A 14% 13% 13% 11 10% 139 11 13% 36% 36% 106'A 106'A 36% „ 38 106'A 106'A 49'A 139 13% 1 f, 1 OO ,)0O 16, ,00 '00 43% 49'A 139'A 139'A .20 13'A 13% C.iOO 10% - ;__1.50 10 1,500 9% Regulator— pfd series A 12,700 542 *525 *9'A 54% *103 15% 15% 15% 530 8% 96% 23% *107 530 4,900 8% *6% 100 540 2,800 27% 8% 96% 23% 47 *530 15% 15% 15 15% 10% 27 8% 52% 47% 25% 540 10O 101 *10 10% 28 8% 6% 104 10% 27 5,100 8'A 24% 21 10% 26% 32% 101 102 10 25% 12,500 8% 24% *45 *101 10% 30 14% 8% 28 182 57% 99% 98% 89 15% 47 100 *103 *530 102 40O - 144 *142 8% 98 23% 15% 16% 54% No par & SS Marie conv *6% *96% *22% 17% *101 540 27% *179 57% 98% 98 *87% 15% *45% *103 *107 100 Common 3.20% - .5 common.: Minneap & St; Louis Ry Minn 17% pfd.100 Petroleum Utilities *18% 29% 105% 14% 11% 57 *16% 12% 45% 17% 12% 46% 5 1st preferred 7% 33% 9% 24 12% No par Copper Mid-Continent 9'A *20'A 60% *45% __50c preferred series Miami 8% 24% 50 No par Co...... Edison 3.90% preferred series Metropolitan 92 15% 24% No par & 17 29% 25% *530 *58% 3% common Minneapolis-Honeywell 87 Co_ 92 22% 1 Inc preferred Merritt-Chapman 8% i 1 common Stores & Sep 29% Corp (The) & 49 % *16% » convertible 1st preferred Merch 38% Feb 15 5% Mercantile Merck 106% Sep 125 Mengel Co 3 102% July 37% Shoe 12 107% Sep 10 ;._No par (1st series)_!_ 100 (1st series) 50 preferred *21% 1 2nd preferred 22 21 38% Co common Jun 37% July 17 47% 51% Jun 101% Feb 101 *37% 38% 63 34% July 12 101 *46% 38% 100 25 35 *50% 13 7% Jan 35 5 Mar 21 x20% Jan 13 Sep 7 15 _1 Robbins Inc com____18 & Stores Corp 4%% 4% 45% No par Mclntyre Porcupine Mines Melville 24% 21% 1 Dec Jun 47 *45 100 Co. Publishing Dec McKesson 21% 3 41'A McLelian 24% 89 30 Stores McGraw *45% No par 25 July 15% No par Jan 12 % *87% 15% Preferred McCrory 57% 98% comrnon______„No par Corp McCord 182 par preferred McCall 28 99% 98% 1947 series__No Feb 58 *98% common 19% July 13 5 27% *179 57% .5 ___..100 Stores preferred Co . No par preferred Dept 30'A Xl3 8% 34 9% Dec 36% 9% 22 7 179 30 'A Mar 8% I3 Jan 7% *8 *33% 16% 540 9% Marshall Field & Co com Jun 30 *20'A l Jan Feb 102% 5 19% 175 *101 32% Sep 28 106% Sep 25 89 Feb, 8-% _6.25 Corp_________ 6% 38 170 15% *9'A 13% ' 32% 25% *25% *530 5 59 Feb Jun ll'A 14 32% 10% — 24% July 27 10% 39% 13% 32 2 5'A Exploration Ry 14% 33% 10% Corp 9% Nov 6% July 13 13% 32% 102% 50 32 14% 33'A 10% 10 32% 14% *101'A -1 14% 14'% 33 10% 25% Co_ 144 14% 33'A 41% 1 41 'A 41 *142 40% 1,800 13% 13 13% 41 144 40% *142 13% 13 13 13% 41 144 14 102% Shirt. 8% July 25 25 *142 10% .1 _ _ *40% _ 33'A Co. Bros 13% 13% 41 142 % *101'A ... _ RR 41 100 _ _ (The) Coal 145 * 1142% ..No par com__ —No par Square Garden Jan *142% __ preferred series A Madison 100 - __ 41 10% 10% 11 3, .00 38% 39% 38% 39 6,500 107 108% 107 107'A 380 17 18 (1746) The Commercial and Financial Chronicle NEW Range for Previous 66 % Range Since Jan. 1 Lowest Highest $ per share $ per Jun 101 Dec 94 108 Dec July 26 137% Nov 5 Jun 14% Jan Jun 80 Feb 67 16% Jun Nov 16 Jan 27% July 26 46% Jan 25 Jun 7% Jun 3% Jun 15% 54% Jun 10% 9 35 27 23 3 8% Oct 47% Oct 6 4% Feb 10 30 Jan Apr Jun 12% Dec 11% Jan 26'A Nov 24% Jan 13 57'A Dec 54 113 3 19% July 13 Jan 23% 49 Vs 66% Oct July 13 $4 Machine May 11 Montana 9 Power 137/s Dec Jun 23 Jan 16% Aug 22 20% Jan 18 Jun Morrell 26% Dec 23% Jan 57 19 Motorola 15% Aug 22 16% Jun 27'A Dec 15% 11% Jun 23% Dec Jun 17% Jan 20% July 17 13% Mar 25 Jun 14% Jan 12% Jan x9% 9 Dec 38% Oct 10 Dec 3 Jun 18% Oct Jun 29 14 113 39 30'A Mar July Oct 36% Jan 13 43 13 53% Jun Jan Jan 14'A 14 14'A 79'A 79% 78'A 79 78'A 79 79% 80 80 80 *21'A 22% 22 22 22 22 22% 22% 22% 29 29 29% 29 29 29 29% 28% 29 28% 61% 62 61% 12% 12% 13 360 29 62 10,200 *21% 400 22% 2,200 62 61 62 62 62% 62'A 62% 3,700 12% 12% 12% 12% 12% 13 12% 13 4,200 6% 6% 6% 6% 6'A 6% 6% 6% 6% 42% 40% 42% 39'A 40% 39% 40% 40% 41% 40% 8% 8'A 8% 8% 8% 8'A 8'A 8% 8% 8% 39% 38% 38'A 38% 38% 38% 7 39% 38% 14% 14% 14% 14% 14% 29 29 29 29 38 % 14% 29 29 64% 113% 5 *12'A 64% 63 64 113% 64% 112 112 14% *28% 113 % 38% 14% 14% 29 *38% 29 63% 63 112'A 1 14% 29 64'A 64% 113 »/4 7,100 41 32,600 8% 4,700 39% 300 15 1,700 30 30 113 % 113 *14% 6% 700 66 3 65 114% 12,700 b 115% 2,900 No par 5 12% *12% 12'A 12% 12'A 12'A 12 'A 12'/8 12 1 8 1,100 21% 21% 21% 22 21% 21% 21% 21% 21% 22 21% 22 63'A (The)—No par 63% 62 63 61'A 61% 61'/a 61% 62 62% 62 62% 18,100 14% 14% 14% 12'A 14% 14% 12 'A 14% 14% 4,700 14% 14% 17 17 17 17'A 17'A *17'A 17% 17% 17% 1,300 48 50% 48 50% 49% 50% 49'A 50% 40,200 10 34% 34% 33'A 35 32% 33% x32 32% 32% 33'A 33 33% 4,700 Corp 5 *26 % 26% 2 6'A 26% 2 6'A 2 6'A 26% 27 26% 27 27% 28% Co 5,600 1 17'A 17% 17% 17% 16% 16% 16% 17'A 17'A 17% 17 17% 4,900 Mfg Corp Munsingwear Inc 1 16'A 16% 16'A 16% 16 16'A 16 16% 16'A 16% 16'A 16'A 6,600 5 *12% 13 12% 12TA 12'A 12'A 12'A 12% 12'A 12% *12% 13 Co (G C) common _1 preferred 100 Corp of America com—10 2,400 50'/4 50 % 50 50% 49% 50 50 50 50 51 *110'A 110% 110'/4 110% 110'A 110'A 21'A 22'A 21'A 22 44% *44'A 46 51 *50'/a 51 & Co Inc No par . Products Wheel Corp Brass 4%% 23% Aug 30 52% Aug 30 51 13% 52% Murphy 13 5,400 50 13% 17 Motor 7 Jan Shares 137% 106 49% Mar 17 15 *105 17% Motor 18 Dec 136% 106 52% Mueller 15% 136% *105 13'A 64% Mullins 52% Mar 108% July 12 105'A 51% 3 Oct 135 130 105 13% 113% Lines 125 106 13'A No par Co 124% 3 (John) May 24 19 29 44 Moore-McCormick 42% Aug 24 28% Nov 3 13 9 112'A Mar Jun 41 Jan 50% Feb 108 % 11 23% Jan 7 Oct Co the Week share 13% 6% Co common—5 Montgomery Ward k Co 3 . 79 *12% 1,25 pfd series B Montana-Dakota Utilities Nov t per 62 No par Sales for Friday Nov. 2 t per share share 29 20 . Tool conv 16'A 27 conv Carpet Mills Hosiery Co Inc 14 12% Jun *21% Thursday 1 . 13'A 8% Monsanto Chemical 12 13% Feb 59% Mar 25 $ per 13% 41% Monarch 121% Jun Jun *78% pfd.100 Mojud 30 123 *105 com——No par series A_ 100 2 27 126 106 RR 12 10% Jun 47% 10% Mo-Kan-Texas 30% Aug 29 111% Jun 124 106 13% Mohawk Dec 125 106% 100 1% preferred f Missouri Pac RR 5% 15% Jun *123 preferred 6 Dec 14% conv 70% Jun July 26 $ per share *106 common—1 Nov ' S per share par preferred 10% Mar 20 13 Jan Jan 2nd Co Wednesday Oct. 31 No par 41% Oct 4 Jan 10 1st $1.50 6 3 Mfg common—No PRICES SALE Tue?day Oct. 30 6 per share Minnesota Power k Light Co_No par Mission Corp 10 Mission Development Co 5 67% Sep 22 13% Oct 20 3 k $5,50 20 9% Jan 45% Jun Oct Min HIGH AND Monday Oct, 2K preferred Minneapoiis-Moline 34% Mar 20 4% Jan 21% Jan 21% 103% $4 9 Oct 5'/4 Aug Jun Minn 6 Jan Jan 6 257A Mar 3% Aug 25 15% Jan 81 July 19 Jun Saturday Par 3 108% Jan 10% 38% RECORD LOW STOCK EXCHANGE Sep 26 9"% July 12 67 % YORK $ per share 104 22% NEW Highest S per share share Jan 104 STOCK STOCKS Year 1949 Lowest YORK Monday, November 6, 1950 . . . Murray 4 12 c/o preferred Myers (F E) *17 23 50 & Bros 23 'A *46% 22% 52 23 46 47% *50 No par 110% 46 *44 46 44% 52 51 51 110% *50'A *50'A 14% 14% 51 15 3,200 52 1,700 *110'A 110% *110% 21% 21% 21% 22 21,500 *44'A 46 500 51 51 200 50 110% N 10% Jun 17% Deo 22 Jun 32% Deo 32 Jun 24% Deo 23 17% 5 Jan 9% 10% 9% Jun 16 Jun 13% Deo 4% Jun Jun 5% Jun 5 Jun Oct 25 Chatt Acme 29 11 National 23 Jan 24 May 27 National Automotive 18% Aug 1 National Aviation 17 National Biscuit 186 9 1% National National 11% Oct 11 National Container 14% Oct 24 27 6 15 National Cylinder Gas 36 Feb 17% Aug July 17 14% Mar 30 49% Oct Jun 22% xll% Jun 20% July 17 19% Dec 15 86% May 25% Apr 95% Deo 19% Sep 25 26% Sep 25 22% May 31 94% Jan Deo Deo 38% Deo July 25 35 109% Jan 183 Sep Jan 152% Deo xl50 7% Deo 14 Jun 19'/a Deo Jan 178 125^ 5% Mar x3A Jun 19% Jan 26 Feb 28% Deo 15% Dec 86 Jan 71% Apr Deo 4 36% July 13 9% Jun 10 V* 13% Nov 7 87 July 13 July 13 Nov Oct Natl 30 14% Oct 11% Jan 9% Lowest S per share 12% Jun 14% 104% Jun 14% 93% 8% Mar Jan 94 xl Mar 42 Jun 1 105% Feb 24% July 11 % Jan jun 102% Dec 90 Jun 142 Dec 128 14% 89 Nov Jun 30 Sep 59'A Jin 28% Jan 7 13% 30 % Oct 19 . 27% Dec 23% May 17% 17% 17'A 17% 17,100 *99% 100'A 100"% 100 100 *100 Oct 100 *100 100% 50 52 % 9,700 183% 290 >9« % "fir % A 'A 27% *26% 27% 26'A 26'A *26'A 27'A 700 46% 46% 47 46% 47 46% 47% 13,600 28 27 27 27 27 27'A 27'A 28 28 No par *28 Pa com—10 51 52 182% 159 *157% 28'% 50 *27 % 50% 51% 183% .183% 183% 157% - 50% *182% 182% 158% *157% 159% 51'A 184 52% 52% 184 *157% 183 % 159 30 % 7,100 400 19% 19% 19% 19% 19% 19% 84 V4 84% 84% 19% 84% 19'/a 100 85 85 85 85 85 86 87 10 48% 49% 48% 50 47% 48% 46% 48 1 47% 47% 47 % 47% *13% 13% Xl3% 13% 12% 13 *12% No par 12% 12% 12% 12% 12% 900 *9% 9% 9 9 9% 9% 9% 9'A 9'A 1,800 AND HIGH Co Tea Fibre Co Co YORK 19% 9 19 19% *84% 9% LOW STOCK Saturday 42 Oct Par 19% *9 10,200 220 6,200 Air 97% Jun July 26 * • 9 4 16 31. Oct 28 ; Feb *8% 8% 8% 8% 8% No par *38% 39% 38% 38'A 38'A com 100 : System 17% Aug, 1 85 83'A 85 83% 16'A 16 16% 15 7A *99 85 15"% 17 11% 101 101 *100'A 11% 11% 101 11% 50 11% 101 *100 87'A 88 88 89 17'/« 17% 17% 6,200 101 17 % 60 4,000 12,800 80 79 79 % 32% 32% 32 % 31% 32 31% 31% 31% 32 31% 31% 4,800 36% 36 37 35% 36 35 35% 36 36 36'A 36% 2,500 69,200 16% > 16% 169% 15i 100 169% 16 14% 14% 39% 169% 165 165 151% 39%' 16% 167 - 151 152 151 151% 14'A . *38% 15% 14% 16% 14 39'A 70 70 70 210 215 *200 11% 16 No par 23% -—100 *94% 95 20% 11% 21 No par . 23% 26% 11% 10% 16 16% 165 165 165 166% 150% 151% 151'A 151% 3.400 14% 14% 14 »A 14 3a 5,000 39'/4 14% 40 10% : 50 10% 10% 11 10% 11% 39% 40 % 40% 39% 40% 5.200 lay* 15 15'A 15 % 15% 21,700 23% 23% . 23% *94% <96 *94% 21 20% 21 20% 20% 26% 26'A 26% 23% 26% 80 < 14% : 39 23% 26% 10 70 215 94% 26% < 1,500 40 70 *200 20% 26% *37% 70 215 94% . 40 *68 *200 23% ,, *38 70 215 15'A . , *68 39% 15% 14 'A *200 11% 41. 16% 80 151 *38 70% 15'% 15% 79 *78 165 14 215 40 - 16% 79 150% 40 70 215 15% 79 165 - 14'A": *38% *67 *200 preferred 11% 101 32% ...100 A 11'A 101 36% No par 41 - 7.700 23% 23% 23% 23%- *94% 95'A 95'A 95% 90 2C% 96 21'A 21 21% 19,100 ; 26%' .27 .•- -; ; 27 r ..'-'26% 6,300 5,000 - preferred ' *86 88 88 *86 88 87 87 *86 100 87% *86 88% 100 *92% 93% 92% preferred 92% —100 *92% 93% 93'A 93% *93% 94% *93% 94% M00 *101'A 101% 101% 101% >101% 101% 101% 101% 14% ■*12% —100 ' ; Electric & ».—1' 14% 4* >• Western American Co... Central Northern 13, Mar 22 97% Jun 15 . Mar24- Natural ; Aug 1 21% Feb 18 32%Mar 21, Pacific Ry —10, 17% 1 -14% Co—.11^.50 1 Gas Co^—: Ry... 10 *80% - - —100 ' * • 26 Northwestern, Telegraph 25 Norwich Pharmacal ... Co : 34'A 50 Ve *26 17%; 10% *92% 81 108 " , *_50 * *28 2.50 4 16% 26% 31% 25% 48% . f 82 ; *80'A 14% ; *80'A ; <49'A 49% *25'A 26 % Ve' 30% 31% 31 24% 25% 25% 92% 92% 12% 34 • 14% 82 ' 12% .14% *8"0'A ,. ' 31% 25% 34 -17% - ' ' : : 26'% f3 17%i 14% 230 ; 49% *25'A - 102 15.800 7 ' 34%''' 34% 17% .\14.ya- * f 102 •" 1,500 9,900 400 - 17% - 14%. - 27,200 1&800 t 82 100 "30% : 31% 25'A . . 10'A. 5,800 25% 10% 26,600 , - 93 -.108 - ,108 10% * '17%,- 92 . 17% 28 -J 92'A *.108% „ 10% * - ^ . 108% 10% 10%, 17% *107% 10% 92 % 17% 17 26% 28* 16% " 17% 17% : 7 16% . 108 10% 26 108 >10% ■ , - , 10%"' ' T 17%-. 18% \ 21' 27%' - 15% % ; 16 30 f 29% 26%* 15% - 10% 91% 108%: no % ' 28 167A . ' jns/n , ' 17% ' ?"% - , 10% 28% 13% 44. ; 17% ; 80 31% .10% *92 17ya 80 .24% 26'A 10% - - 108 26 17% 17% 32 25'A I 10% 49% 26 %• flOl'A 101% u: 13 " 13% 34 i 49 -14% r'14% \ 81 32 ' 93 17% 12% 33% 49%.. ♦26 ,-14'A. .14% '82% -32 14% 34% 34 A9 V« 26% 17% 14% ; 26% Northwest Airlines Inc .common—10 •; 1Q% V 4.6 % preferred —T—25!l7% : 34 49% ; 49% , , No-par ! No-par*„ $4.80"preferred"— 32 14 ; 34'A • ; 26 %. *26 • *86 44% 34% 49% Northern States Pwt «o -(Mlnn)— Common —.—Nopar ' $3.60 preferred. "• 13 '17% Oct 101 84 15% -Northern ; 29 *99 16% ,40% Northern 18 20 1,100 84% North, American Aviation— . 23 f 109% 39% preferred ,■*North 28% Oct 2 39'A 16'A _u—50 A 39% 84%- No par —... *39% 10 *11% series 38% 101 & Hart RR Co_100 5% 800 3.90% " 397A Feb July 11 Haven 100 80 20 8% 38% 39 8% 11% 80 400 105'A 8% *100% *77 1,400 15% *105 105 *8% 11% 80 *15% 15% 105 siiarei 10% 8% 101'A *77 10% 8% 11% 1 10% 15% 151/4 106: 101 % No par No par common 8% 100 15'A *105 11% com A__ 101 106 r 10% 10% 101'/a Ry com 25 Adjustment, preferred _——25 Jan 106% July 13 ''.8 Jun 27 15% Jun 26 Co series *105 10% ' ll3,8 .No par Louis *100 15% *100% ^..100 Norfolk July 26 3 St 101 106 10% 1 Corp Nopco Chemical Co.'—;— 88%-May 18 ■> *100 *105 10% *15% 15% pfd_100 common.; Central 106 Shipbldg Corp partic stock..! State Elec & Gas Corp— $8.75 -Noma 17 12 % Jun 100 — 11 the Week Nov. 3 t per share 3.40 % • 21% Feb 24 5 23% Jun *15% Sales for Friday Nov. 2 I per share S per share 3.60% 19 27 Y Class ' 8 36% Apr 12 53% Mar 6 5 13 10, 10% 15% Niagara Mhk Pwr Corp com.No par 1037AMar20 July 17 91% Nov 10% Brake—i Dock Common 28 % -14% Oct J) Industries Preferred Mar 29 10% Jan 20% Oct 36% Dec (J preferred NY 15' 91 30 78% Jan - Co Chic & 5 Jan 9% Jan 10% Thursday Nov. 1 I per share *15% *103 '_•! Inc New t per share' 1 common PRICES Wednesday Oct. 31 __12.50 Inc preferred York 6% 12 28% Apr 100 Feb 27 tper share SALE Tuesday Oct. 30 —1 s Bros York 23 207/8 Apr • 25% July 10 15% July 12 - Corp Monday Oct. 28 $5 non-cum preferred N Y & Harlem RR Co 29 26 11% P«c 12 100 100% % NY 16'A *"kl" 580 7,600 17% 3,100 ~'26%'v '27%' 16'A 30 350 167 a 29%' k 200 ' - 17% r 17.900 - *107%~'108%t 10% '10% 4,000 O 33.- -May 28 % July A Oct 106 July 95% July 4 110 • Dec 33%« Jan • 12 13 28 18 ' 85% -May 26 1 32 Oct ^112%-Mar 100 • 19% Dec - . 8 -Jun 22 19 ' 14 4iy4 Oct -1 43% Sep 29 20 -Jan 9 ( 27% Jan 10 18%Oct -9 20 Jun 31% Jan 91 Nov 99 19% July 11 Jan 90 For footnotes see page 22." July 8 5 * Oil Oklahoma * 4fc Oliver 30 % • 30% * ; preferred 3.90 preferred- Ohio .^ 101% Oct 8 common Rights 4.40% 26% Feb Nov Ohio Edison Co r 25 38 Jan 17'A 26 Co NY 43% Jun , *Feb 95%' Dec Jan Jan 17% 46'/a Ref 13 ' 99% 16% % New 3 Oct " 109%^Mar Dec 17% *26 4'A% preferred —100 Newport News Ship k Dry Dock—1 24y$Mar ' 39% Dec 19% Dec 11% Mar 17'/8 48% 19 85% July 26 91% Oct 24 Jan 85 " 17% 27% New 18% July 13, 11% Jan Jun 17% % 26 94 % Oct 20% July Jun 17% 47 Oct 31 21% , 3,500 31,300 27% 17 13 27 14 Feb 17% 25 "a 47'% 71 27 14 % Oct Jun -84 — Apr 107% .Sep 17% 24% % 27'% 246% Apr 30 28% Jun v Jun 17'A 25% 17% 10 York Apr 6% 8% 17% 24% No par City Omnibus Corp Oct 98 11% 17% 24% *100 No par New Jan 1 14,100 17% 24% % ex-dist Corp Corp 26 21% July 27 Jan 48% 2l 25% Jun 31 48'A 17% 24% 47% Lt & Shares 40% Oct 6% Jun Jan 96% 75% July 48% 17% 24% 1,900 NY 19% Jun 47% 31 188% Oct . 28% Mar 29 - 8% 47% 17% 25% 3,900 6 33% Jan 47 17% 24% 9% Newport N 15% 48 Oct 18 26 . 9% Mar 46% 17% 25% 27% 30 Jan 26 48% 48 17 % 9% Oct 56 47% 46% 47"% 25 27'A Jun 210 —„ 2,700 *157% 19 Mar < 17,800 13% 27% 152 Dec Jan 10% 13% 159% 9% 3 Dec 86 10'A 13% 9% 4 Dec Feb 10% Xl3% 27% 29, 61 15% 10% 13% 9% July 13% Jan 30 250 10'A 13% 2 7'/a Jun Jan Jun . 10 34% Oct 3 Feb Jun 10% 13% 39% Oct 3 20% Jun 9% 13'A 9% New Jersey Pr & Lt Co A% Newmont Mining Corp . 2 Jan 5% 3.700 10'A 14 26% 3% % preferred New England Elec 3 Jan Jun 8% 10 13% 9% Newberry 13 Nov Apr 21 Apr 80 13% 8% 10% 13% 27% 4%% 13% Mar 23 103 177/b Nov 33% 8% 4,200 9% Nesco 16 66% Mar 14 26% Mar 29 35 8% 3,000 26% Neisner 9 6 205 ' Jan 10% Jan 26 Apr 48 * 40 Jan Jun 10 ' July 11 99 July 18 10% July 25 x99% Sep 5 Dec Jun 8% 110 7 "4 42 9'% Vulcanized Nehl 106% Aug 11 11% Jun 13 72% Jun 117% ' Mar 10 J 10 58 9% 56 17% Feb 34 Deo 24% 7'A 41% 10% EXCHANGE Dec 23% 7% 42 Ve 27% NEW 67% 14% Apr 7'A 41% 9% 1 12% Feb 28 7% July 13 102% Ddo 9% Feb 65 1 1% 7'A 27% S per share 13 *102% 39% Nov 102% Oct Jan n«rshare 8% Aug Feb 29 180 xl79'A 9% Highest ,;l4%Jan Dec 7% 182 41% 8% 8% *181 27% , Dec Jan * f 13% Mar *101% 7'A 41 41'A 8% 182 13% STOCKS Range Since Jan. Highest Jan 7% 40'A 9 *180% 5,900 ' Year 1949 I per share *8% 15,700 159 Natomas Range for Previous 7 4,300 34% *9»A Power Natl 3 9 8% 7% 41% 16V8 34'A' 27% National 9 41 182 15% *157% National 3 50 7% 41 *181 17% 15% 35 100 National Supply (The) 4%% preferred Apr 7% 41 182 18 18% 15% 34 >/„ 51% 21% Oct 38% 7% *180'A 18 15% 34% 183% Sugar 12% 182 17% 15% 51% National Jan *180% 17% 34 . *182% Steel Jun 18% 17% 10 National 9% 18% 360 Corp 1 Malleable k Steel Cast—No par Natl 2 18% 16 1 common 49% Aug 24 29% Oct 9 21% Lowest Co U Jan 4 27% Oct 23 27 7,900 34% No par preferred A 29 15% Apr 9% 16 5 Prod 35% Mar 31 26 Mar 22 22% Jun 19% May Dec 20 9% 10 1 preferred B National Linen Service 9"% May 31 29% Oct 9% 34% 1 6% . 9% 100 1% 4 9% 1 National 5 31 25 2,100 9% 16% Co 4 158% Oct Jan 28'4 34% No par Distillers Lead 28% 16 No par National Gypsum Co com $4.50 preferred Oct 19% 45% 24,500 X45% 28'A 34% No par 185% Jun 11 Vs July 19 — *80 53 10 18% 46% X28 'A 16 Co 7 Jun . 18% 46'A 28% 34% National Jan 7% Jan Jan 102 18% 18% 46 28% 16 National Dairy Products National Department Stores July 13 18 Dec 21% 11 19 18% 18% 46 28% 10 . 18'A 46% 9% 10 'A 19 18% 2 8'A *46 2 9'A 34% 10 Register., Lines Inc City 10 5 Corp Cash *10 19% 46% 2 8'A 100 29 Can 19 *46 10 preferred National 19% 46% 29 Inc—1 common Feb 17% 39% Fibres 10 July 13 7% July 12 6% Jun 27 19% 100 Corp Co 8% Apr 42% Oct 31 10% Jun Jan Louis 29 1 St 46% 1 & Co 39% Jan Jan 5 Airlines Oct 27% 13 % Feb Corp Nashville 13 Nov 12 49 13 National 8% Aug 9% Jan Jun 9% 3 Jan 12 Sep 36'% Jan Nash-Kelvinator 31% July 12 175% Jun 30 .* 5% July 13 7% Mar 30% May 20 14% July 12 Dec 40% 185% 22 6% Jun Deo 30% Jan 170% Mar 13 29% Oct 23 Apr 18 July ———100, ^—100 Co_ Gas No pat & Elec Co: com—20 preferred-—-A—-;.-. .* , y ,-i—20^r " " 32 *96V2 .97% 39 % 39'A *39% .18% * *97 .18% 30'A 30% 3*2 ..w 29% 108% *97. ' .57% 30% - .'29%. 297A r % *107% 108 Corp. eommona__j—,-25-- AVa ft. "convertible preferted—10C' t- 'A 107% . ♦107y2 *97 \ 1- 38%,; 39%>. 39% 39%. 38% .38% .i8%y;l8%?Lr .25%-U^r^24-38v.25%?"rj 98 *18% • 2+3b*96 108 4 108% 97y2 .97% 39 y4 108% 38% 39'A 19 • 97% '39% 38; 38% *18% A 19 2597 - 107% v*97 108 -- - 97% 39% 38% ' 39% 38%' '' ' C'fj.9.;-.y 19 ~ 107%" 108 *96% 39% - '• *38'A 28,000 24,300 " -250 97'440 100 '24,400 -39%- 1-000 19V*l -'19%' 1,200 - —•24% *96 " 97 96% - 25% 24 7A 25% 96% 96 96 -nrioo "• ^"'60 Volume 172 Number 4957 . . . The Commercial and Financial Chronicle (1747) NEW Range for Previous Lowest $ per share 6% Range Since Jan. 1 Lowest Highest S per share NEW Highest J per share YORK 10% Jan 3 96% Dec 95 3 22% Jan 20% Jan 20 27% Sep 22 Oppenheim 28 40% Dec 30 42% Jun 23 Otis 16% Dec 14% July 10 79 Jan 72 64% Dec 64 % July 49 Vs J&n Jan Saturday 15 July 26 Apr 21 104 Va Jun 7 19 5 82 Aug 2 57% July 12 Oct Jan 14 73% May lg Omnibus 8% Corp (The) convertible Outlet 12 12 102 10 *25 29% No par 34 34% Collins Marine & Mfg 12% 11% 101% 29% 3 3 5/a PRICES Wednesday *25 34 33% 12 113/4 101% 100 29% *25 333/8 33% Glass 12 12 29% 163A *16% *75% 71% *17 *75% 72% 70 71% 70% 70% 71% 71% 19% 20 18% 20 16 16% 16% 17% 16 3/4 17 16% 76 *75% 28 76 17% 75% 4,500 520 33 Va 33% 6,000 *16% 17% 500 75% 75% 20 71% 72 % 3,800 34 71 Shares 12 102 *24 17% 76 17% 72% *75% 12 *101 28 33% *75% 18 12 333/4 the Week Sper share 101% *25 Sales for Nov. 3 share 101 12.50 76 S per 101 __2.50 Co Friday Nov. 2 $ per share No par Co Owens-Illinois Thursday Nov. 1 $ per share 102 *25 SALE Oct. 31 $ per share 102 102 Elevator Outboard 11% A__100 HIGH Tuesday Oct. 30 tper share 5 common preferred AND Monday Oct. 28 Par Feb 79% July 18%. Aug Jun RECORD LOW STOCK Sper share Dec 11% STOCK EXCHANGE 10% Jun YORK STOCKS Year 1949 P Jun 20% Dec 133/8 July 17 Dec 15'/2 101 104% Jan 97 Oct 21 Jan 6 bPabco Products 20 104 Feb 25 4% 14 Jan llYaApr 1 20 Oct 28 Pacific Nov 10V* Jan IVa Jan 3 51 Sep 71 Apr 49 29 Aug 40 Jan 273A July 11 11% Mar 71/4 18 Feb Feb 4 30 Va July 26 353/4 Jun 13 50 Jun 54 Jan 27% Jun 89 Feb 48 34% July 104% Dec 148 23/4 Jun Jun 3% Jun 4% 8 Jan 103/g Jun 22 Oct Jan 36 152 29 4% Nov Apr Dec 13% July 17 Dec 104% Jan 97 Oct 20 Oct 22% Dec 171/2 Feb 28 38 Feb 343/a Jan Dec Jun 7% 14% 7 Jan 9'A Jan Jan 5% Apr 19% Jan 15 'A Apr 37% Dec 31 18 18 18 18 18% 500 31% 11,500 Pacific Jan 6 10 3/a Feb Feb 26 Vs Dec 183A July 26 Dec 30 Telep & preferred 6% Pacific Tin Teleg Motor 11 Park & 13 Park 6 32% 32% 31% 32% 31% 32 32 32 "A 50% 50'% 50 50 Vs 50 50 % 50 50% 50'/a 50% 2,800 x40 % 423% 39% 40 Va 39 39'A 39% 40 39% 40 4,500 100 Parke Nov 3 4% 110 preferred 148 148 148% 148% 4 4 3% 50 50 48% 1 5 Consolidated Davis Parmelee 5% Penn 24 Penn 30 Coal & 493% 48 3% 42% 40% *104% 7% 7% 7% 73/4 7% 16 % *42 15% *98% 19% *42 44 16% 44 2% 2% 23/a 38% 39% 383A 31 31 31% 31% 31% 31% 313/a 313/8 *31% 313/8 31% 31% 7% 7% 14% 14% 6% 17% *17% 2.50 No par 5 5 25 No par 7% 7 7 7% 7% 7% 73/8 73/8 13% 14% 13% 14% 13% *6% 7 6 3/4 63/4 *63/4 *18% 18% xl7% 17% 17% 17% *17% 35% *35 35% 34% 35 % 64% 10% 7 preferred 23% *37% 653/4 64 3/4 65% 65% 66 V2 66 3/8 11 10% 11% 10% 11 11 23% 38% 22% *37% 383/4 *37% Nov • —■ 11% Jan 13 Phila 44'A Mar 27 Oct 56 243A Nov 233/s July 20 Jun 26% May 25 Jan 5 233A July 18 8 Co $1 conv 25% 253/a 253/4 25% 25 3/8 9,100 19% xl8% 18% 18%. 18% 51 51 50% 50'A 50% 51 51 51 33,300 1,500 34% 343/a 343/a *33% 35 343A 112% 114% 33 %c & 18 9 *16 9% __No par *34% 35% _100 Co Co *16 *104% 105 % 5 8% *35 9% 20% 20 20% 20% 20% 20% 20"% 67 67% 68 673/4 68 68 '/a 693/4 5,900 58% 56 3/8 57% 57% 58% 551/4 58% 14,600 59% 59% 593/8 60 593/4 593/4 59% 59% 59% 60'/a 2,050 26% 59% 26% 26;% 2 6'A No par com 50 25% 25% 25% 25% *114% 115'% *114% 26'/8 26% 26% 27% 26% 27% 7,500 25% 25% 251/2 253/s 25% 1,600 115% 114% 114% 114'% 114% 114% 114% 114% 114'A 120 103% 107 *102% 104'A ♦102% 104'A *102% 104 'A 200 *1053% 107 *106 107 *106 107 24 4.3% preferred 100 *104% 106% *105 106% *105% STOCKS 19% Jan 11% Apr 18 16% Oct 9 40% Jan 32% Jan 3 54% Apr 21 79% Nov 8834 Feb 84% Jan 37% Jan 55% Dec 46 93% Jan 10% Feb 87% Aug 51% Jun 7% 26 Sep 105 Dec 96 % May 3 July 17 58% Oct 23 102'A July 17 100% Oct 30 106 % Sep 13 103 Sep 6 14 Dec 14 Jan 3 20 Feb 9 95% Dec 91% Aug 8 95% Oct 30 64 Apr 11 Mar Jun 32 3A Aug Jan 105% Apr ioo 3/4 4 27 76% Oct 6 9% Mar 31 16% Apr 24 57% Jan 30 Aug 8 101% Sep 21 34% Mar 23 106 Jun 9 17% Sep 16% Oct 31 Feb 17 110 Oct 5 ll'A July 14 21 Oct 17 94 94 Dec 11 Jan 14% Mar 79 Jun 88 Dec 86 24% Jun 32 Jan 24% July 10% Jun 100% Jun 16 3/4 142 Jan 155 156% Jun 170 283A Jun 37% 6% Jun Jan 8% 97 Mar 17 3 14% July 17 Oct 3 40% Oct 7 May 140 Nov 88 Jan 71 55 Nov 713/4 Jan 61 Jan Jun 25% Dec 19% Jun /■ 135% Dec 147 Feb *19% Jun 29 Apr 83/4 Feb 12% *6% Feb Mar ■32 9 Sep 25 12% July 27 13 145 3 May 16 38% Jan 16 Oct 11% Jun 27 Jjun 8% Jan Oct & St convertible 110 8,700 5 July 28 July 25 7% Mar 23 52 25 Oct *31% *102% 7% gtd 32 14% Jun 22 79% Dec 90% Mar Feb Coal No par Co _1 preferred 100 Pittsburgh Plate Glass Co Pittsburgh Screw & Bolt Pittsburgh Steel Co com 10 19% *91 32% 19 Jan 253A Dec 25% Jun 29% Dec *103 % Nov 105% Dec 30 % Feb 24% Jun 107 Jan 16% *110 19% 19 93 *91 *13 32 *31% 102% 16% 115 19% 95 73% 14 32 16% 16 3/4 163/8 16% 18% *91 115 18% *313/4 *110 50 16% 163A 1,800 115 19% 2,800 115 183% ♦110 19% . 91 32 % 32% 33 32% 32% 19% 19% 20 19% 193/4 19% 203% 21 213/a 21% 21%; - *91 93 *148 *91 156 173 38% 38 38% 373/4 38 3/8 105 *85 86 73 73 72% 73 72% 72% 29% 29% 29 29% 29% 293/8 8% . 8% 8% 13% 14% *83 200 106% 85 8 133/8 8 13% 373/4 8 13'% 38'A 8 13% *175 200 *175 200 103 103 *104 106 *83 85 84 *72% 29 8 104% 72 72 3A 220 29% 29% 293/4 293A 30% 5,100 25% 26% 10% 10% 10% *10 11 49% 47 3A 49 473A 48 3/4 X465% 47% 43 50 50 50 49% 49% *49 50 110 723A 27 *49 104% 83 10% 25% 200 723/4 25% *142 104% 4,400 10,700 83 11 146 ♦181 13,800 8% 13%, 84 27 *142 13 3/a v 39 72% 146 145 « 200 104% 156 30 6,100 15,100 173 383/4 8 13% *180 27 *140 *148 . 8% 13% 92 *169 39% 38% *140 *49 19 91 32 *169 49 % 300 16% 16% 103% 173 5 — 32 103% 156 *10% ' 103% , *169 5 29,100 93 *175 1 32 14% 313/4 105 l *31% *103 210 72% 31% 200 ; 18% 70% ♦133/4 32% 105 Co (The) Plough Inc Plymouth/ Oil Co 18% 115 72% 14 313A *175 Pittston *110 713/4 13 32 3/a 100 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd.__100 32 103% preferred class A 100 5%% 1st ser conv prior pfd__100 5% % 1st series prior pfd std B 14 *1023A 14 class 313/4 733/4 103% 8 14 preferred 72% *13 103% *110 93 19 *93 146 26% *142 *82 146 26% ♦142 84 146 26% 26% 28% 11 10% 10% 48% *10 48% 49 *49% 50 50 20 ■ 4,600 300 5,400 200 17% 17% 17% 173/4 17 17% 17 'A 17% 17%, 17% 17 173/s 9,300 10 13% 13% 13% 14 133/4 14 13% 14 13 3/4 14 13% 14 5,600 1 Nov 1 1 $4.75 cum preferred. 1, 12 Apr Apr 23 8 30% Feb 2 1071% Mar 12% 11% 343/4 35% *333/4 68 22% *90 91 10 *25 21% *90 22% 91 11% 11% 11% 11% 11% 11% 34% 35 35 34% 34% *34% 68 68 3/8 68 68% 68% 69% 69% 703/B 5,700 21% 22% 21% 22% 22% 22% 22% 22% 18,200 90% 90 3A *90 11% 35 91 90% 91 25% 25% 25% 25% 25% 25 % 25% 25% 253/4 25% 253/4- 26% 26V2 26 261A 25% 25% 25% 25% 26 26% 26 26% 100 28 26% Feb 22% 11% 68 , .No par 14 90% Jun 5 12 3434 68 .No par 28% May 31 26 2 102% 72% 14 *13 95 No par July 13 27 73% 19% *93 *148 23 Oct 12% 200 ' *18% 95 173 24'A Oct 25% Nov 1013/4 19% *93 156 68 103 *100 % *18% *169 *34 July 18 .103 193/4 95 *148 A—50 21 *101 101 173 .No par 86 3/8 Jan 20% 101 94 No par No par 13 30 *100 *18% 8 13% Oct 123 *100 193/4 156 3 30 100% *169 13 241/4 July 12 104% 57 *148 35% Oct 21% Jun *103% 953/8 55% 173 70% Nov 117 105% 55% 19 16% Mar 91 *103 7,700 13,200 57 '/4 105% 55% 156 38% 3 4 56 % *103 *169 Mar 22 Jan 55% 56% *103% 105% *148 July 80 57 *92'% 105 % 95% *313/8 17 27 133A Jun 27 32 112 Co com__No par preferred 100% *13 103% 17 56% *103 *18% 14 *110 56 Mar 21 56% 100 RR Aug 31 18 56% 2 Louis Consolidation 6 7 4% C Pitts Coke & Chem 23 54 % Oct 13 C Oct 14 Nov Pitts 88 38% Feb 13% 92% No par Piiney-Bowes Inc 75 Sep 30% Nov 4 30 18 15% 92% 733/8 7% Sep 443/4 92% 5% 10 Apr 92% 72% *13'A 23 29% Oct Jun 94 5 Oct 12 3/a Apr 8% 92% No par Aug 29 20 12% 92% Hosiery Pillsbury Mills Inc 110 3 Apr 503A 93% *92% Petroleum July 17 93A Sep 19 92 95% Jan 135% Jan Nov 92 20 179 61% July 25 14% 15%' 43% Pittsburgh Forgings Co l Pitts Ft Wayne & Chic Ry com„100 171 643A 15% 43 3 Mar 22 Mar 30 15% 43% 21% Nov 163 7 15% 43% $5 Jan Jan 15% 43% Pitts Mar 21 175 15 42'% 100% common Shares 15% 43 *18% preferred the Week S per share 15% *94% $4 Sales for Nov. 3 ' 42% *100% Phillips Friday a share 16 100 Phoenix . 44 % No par com Nov 5 per 15% 100 Corp $ per share 43 105 % series preferred Thursday Nov. 1 $ per share 16 *103 prexerred S per share 443/e 100 0-/( PRICES Wednesday 15% 4% 3.90% SALE 44% 100 preferred series A Philip Morris & Co Ltd common preferred HIGH Oct. 31 1 4 155 S per share AND Tuesday Oct. 30 33/4% Phillips Jones Monday 3 20 1 Apr Phila & Reading Coal & Iron Philco Corp common ; Oct Mar 30% July 17 Par 36% Oct 148 10% July 17 135 26 Nov Dec LOW $ per share 5,200 *25 V2 110% Feb Oct. 28 1,300 26% 103% Saturday 16% 253/4 103% STOCK 16 25% *102 EXCHANGE 16 • 26% - 103% Jun 400 57% *102 Jun 16% 67 100 11 VB 16% 20% preferred 223/4 16% 35 58% _100 share 105 % 35 68% preferred S per ♦104% 203/4 4.4% $ per share 35% 105% 58 3.8% i per share *34% *104% 67% No par common YORK 353/4 105% 20% 58% 59% 9 NEW 32,800 *34% 68% 1161/4 Mar 23 Highest 9% 9 400 58% 106% Jun Range Since Jan. 1 93/8 300 2,100 16% 20% 15% 102% Oct 23 Lowest 9% 343/4 115 *67% 15 •% 113% Aug 17 Highest 16 1 16% Sep Year 1949 9 114% 16% 5 16 Dec Range for Previous 113% 16% 20% 117 Lowest 113 3/4 *16 *104% 105% 104% 105% Oct 20 16 8% 35 *104% Jan Sep 16 9 35 105 % Apr IIO'/B 16 8% 353/4 *104% 113 16 "lO 25 Inc preference *16 17% .98 Apr 38% lllVi 18 3/4 110% 105 *38 *109 25% Phelps-Dodge Corp Philadelphia Co 6% preferred Electric 38% 111% 19% preferred (Chas) *38 *109 25% Corp of America Pfeiffer Brewing Co 27% May 26 26% Mar 17 Jan 58 Jun 383/4 111% 18% Petroleum Pfizer Dec 531/a 23 '/a 7 75% May 1 60% Sep 18 603A Aug 18 573A Jun Jan 16% Oct 513/4 Jan Jun 36i% 20 % Pet Milk Co common 25 401% X48 % Mar Pepsi-Cola 6 19% July 12 4,200 *37 *109 25% 112% 133% 23% 23% 383% 111% 900 19% 114% — 1,900 25% 114% 4% % 5,i>00 11 187/8 115% 6 23% 68 11 25% *113% Jan 67% 19% RR 4 373A Feb 400 1,300 353/8 25% 100 107 7 18 34% 19% *109 100 July 12 2,800 28,100 25% 110 Peoria & Eastern Ry Co July 13 23% 500 7% 15 50 110 *33% 28 23% 6,500 No par Light Co 110 33% 103 22% 14,400 *108% 513/4 Dec *6% 2% 100 & 51% Dec 7% 11 23 33% 35 34% 23% 51% 108 63A 17% 35 11 33% Jun 7 18 35 22% 65 51 % Jan 14 11 *33% Mar 73/8 14 34% 67% 65 5 93A 2% *35 10 Corp_____ Co 7%. 13% 13 10 21 300 39 Peoples Drug Stores Inc Peoples Gas Light & Coke 102 42 2% 383/4 6 23 41% 23/a 36% Feb Mar *42 38 3/8 Feb May 19 42 42 44 4,300 39 Jan % Oct 8,500 2% 96% 18 20% 38% 29 12 20% 44 *42 Pennsylvania Salt Mfg Co . 20% 2% Pennsylvania 29 11,100 39% 19 July 14 7% 2% 19 IV2 July 12 10 73/8 39% Oct 10'A Jun 41% 105% 2% 21 Dec 300 4,900 41% *104% 106 20% 52% Oct Apr 21,800 16 20 13 41,300 9 7% 20 27 12 3% 100 41'A Feb Nov 3,000 26% 39% No par Coke 100 29,300 7% 193/4 141/2 Jun 71/4 May 73/B 8% *23 3/4 42% 15% Jan x8 42 *104% *98% Nov 139 42 • 790 43/4 50 3% 9% 25% 20 173/4 30 Va Aug 22 49 3% 8% 106 7% 4% 49 33A 16 45% 107 147 25% 100 Jun Dec 147 4% 48% 3% 41% 7% 148 8% *104% 41% 101% 24% *24 106 1013/4 4 19% Nov Dec 48% 101% *147 4% 15% 20% 13% 373/4 834 101 % *98% 100 32 137 33/4 9% 105% 20% 48 233% 105% 100 148 3% 8 s/8 233/4 105% 16 146 Va 3% 48 3% 9% 25 * 101 2% common Cement Power 14s 3% 3% *104% 20% Glass Sand Corp com__No par 5% Penn 41% *147 4 100 s/8 39% Co Ford Penn-Dixie 27% May 24 Co 43 101 Va 1 prior preferred & 3% 9 25 101 No par Proof Transportation conv Penick 42% *98% 1 3% 9 % 25% 1 Mines Co & Rust 3% 9% *24 100 Pictures Corp Tilford Distillers Corp 18 Oct 1013/4 No par common convertible Paramount 10 Feb 101% No par Airways Inc & Transp Petrol Patino Mines & Enterprises 3 102 10 Corp Parker Nov 102 1 Corp Car World Utah 22 38% Oct 9 213A Jan 32 50% 46 % 100 Paraffine Cos Inc 5 32% 50 V4 Panhandle East Pipe L com__No par 4% preferred 100 Panhandle Prod & Refining 1 25 32 46 % com Consolidated Pacific Western Oil Amer 1 10 No par Corp Pacific Feb 11% Oct July 25 106'A Jun Dec x 25 61% No par Lighting Pacific Mills 28 Jun Mar *17% Penney (J C) Co 7'A 22 3% 173/4 68 17% 35 173/4 Feabody Coal 25 7% Apr 29 111 18 53 '/2 Apr Dec Jun 230 *17% 7% Aug 10 191/2 Aug 10 38% Mar 17 Jan Jun 39 15 July 31 42'/2 Jun 39 18 2% Sep 8 Jan 16% *60 38% *17% 33% Aug 22 9% Jan 20 17 Dec 233/4 19 61 *37% 10 Pacific Finance Corp of Calif Pacific Gas & Electric 46 '/a Jun „ 4 15 106 19 *58 38% 46% Jan July 12 27% 57 19 61 *37% 22 Va Oct 13A Mar 21 Jan 8 7 21 26% July 11 16 9 104 July 20 Dec Mar 8% Oct 1 23A Nov Aug 53/4 Feb Oct 107 Aug 15 383A 9 5% 102 29 x6 19 *60 38 Pan-American 8% Jun 19 61 38 Packard 20% Jan 19 *60 38% Pan Jun 1% 19 60 38% 19 5% 23% Mar 19 60 39 11 15% 24% 19 62 *38% 28 493A M?.r 20 360 19 *60 Feb 13 19 *18 27% Oct 34'/2 Jan 7,800 10 11 4% Jan 18 No par 17 20 1,500 100 17% No par 27 Oct 16% *98% 17% non-cum Jun 8 53 common 17% non-cum 181/2 Apr Dec 47% Co 16% 16% 100 *98% 5 prefererd 29 Jun Aug 3 Coast 16 100 Inc preferred 28 Jun 37 26 com____No par preferred Fisheries Jan 95% 17% Sep Pacific Inc conv Amer 33/g Jun Dec 104% 13 2% Jun Oct 38 3/a 47% Sep 21 111% May 23 1421/2 July 21 Apr 12 55% Mar 10 3 98 Va July Jan 4% 44 July 26 28% Apr Dec 29% 101 2nd 1 23 Sep Dec 1st 27 15 Va July 27 34 36 27 Sep Nov Jan Jan Sep 65% Sep 43 July 12 21% 30% 135 22 cum *116% preferred Serv El & Gas com 117 9 $1.40 div preference com. 117% *116% 100 *87 Va 87% *87% 88% 87% 87yA .No par 21% 21% 213/4 22 21% 22 213/4 22 .No par 26% 26% 26 26% 25% 26% 253/4 26 100 3%% ub *104 104'A 88% *116 *87% 117 *116 117 90% *115% 117 *87% 88 213/4 22 25% 25% 90 3A 16,100 600 210 2,000 10,000 ♦115 ' 117 87 88 150 21% 22 17,100 25% 26% 11,400 *103% 104% 313A Jun 30 48 Oct 19 1033/4 1033/4 Apr 37 No par 46% 4 6 3A 46% 47 46 463A 453/4 26% Feb 27 45% Oct 7 4 6 3/a Oct 46% 46% 46% 46% 9.800 .No par 42% 42% 42 42% 41% 423/s X41% 42% 423/g 43% 42% 42 3/4 24,500 33% 109 July 25% Jun 30% 15% Jun 20% Dec Jan 107 Nov 104 104 1033/4 1033A 104 104 3 109 SA Jan 10 100 107% 107% *107% 107% 107% 107% 107% 25 y« July 18 34% Jan 30 107% 107% .No par 29% 29% 29% 293/4 29'A ,29% 291/a 29% 29% 29% 18% Jan 24% Oct 30 Quaker State Oil Refining Corp__10 24% 24% 243/4 243A 24% 24% 24% 243/a 24% 24% 4 5% 108 107 29% ♦24 250 107% 700 293A 1,800 24% 1,200 104,300 R 9% Jun 14% Jan 12% Jan 66% Jun 74% Jan 73% Jan 13 x7 Jun 9'A Apr 6% July 12 92% Jan 101% Dec 100 23^4 Jun" 29 V* Dec 27 Fcr footnotes see page 22. Feb 3 23 % Apr 79% Apr 9% Feb 18 19 . 3 Radio Corp of America com__No par $3.50 1st preferred No par Radio-Keith-Orpheum 3 103% Jan 10 Ralston Purina Co 33A% July 13 343/4 Oct 18 Raybestos-Manhattan 17% 17% 17% 18 17% 17% 17% 18% 17% 18% 17% 17% 76 76 76 76% 75% 75% 75 3/a 75% *75% 751% 753/8 75% 7aA 7% 7% 71% 7% 7% 7% 7% 7% 102 3A *101% 102% 101 % 102% *101 »A 34% 32% *32% 33 3/b 33% 102% 331% 1 7% 7% 7% pfd„__100 *1013A 1023/4 *1013/4 t.__No par 33% 33% Corp *34 33 101 33% 1,-100 11,500 101 % 90 33% 1,000 19 The Commercial and Financial Chronicle (1748) 20 NEW f per t per $ perthare S per share x24% Jan Jun 30% Feb 26 % Jun 34% Feb 30% Jan 13 35 29 26 % Sep 17% Jun 23% Jan 20% Jun 34 % Nov 43 Jan 35 Jun 28 % Jun 36 Jan 30 July 39% Feb 19 Jan 13% Apr 10% Jun 15 % Nov 23% Jan 15 11% Jan 16% Oct 15% Oct 12% Mar 30 4% 50 30 9% Jun 25 Jan 3 15 Jan 56 Reliable 3 12% Oct 23 Reliance 62% May 15 1 Aug Dec 12% Jan 10 '/a Jan 14% Feb 20 10% July 17 85 8% Jan -5% Jan Jan 93 % Aug 20 18% Oct 13 22 13 ■14% July 25 25 4% Jun Jan Dec 3 5% Jan 30 5% Jan 10 Dec 8% Jun 30 11% Feb 1 17 Jun 27% Jan 23% Jan 13 44 91% Jun 117 10% Jun 91 Aug 100 6% 34% 3 99% Jan 18 Jan 3 Nov 2 9 Jan 26 13% Jan 23 33% Aug 3 39% Jan 7 Jan 10 39% Jan Oct 50 Sep 42 Oct Aug 94% Jan Jan 13% Jun 50 5 302% 131 26 98 21% 19 Dec - Jan 2 27% Oct 19 Jan 42% Dec 37% Feb 15% Jun 21 Jan 49"% Aug 11 15% July 13 Jun 5% 21 Dec 68% Jun Apr 10% 15 13 Jun 19% Feb 6 25 May 12 107 Mar 17 1 28 Jun 21% Dec 18 July 13 23 Feb Apr 61% Nov 43% July 28 61 May 11 8% Sep 12% Mar 16% Jan 33% 109% Apr 113% Feb 35% May 48 % Jan » ♦, < ' * xllO'A Jun 34 Jun 12% Jan 9% Jun Dec 42% Jun 30 87 Jun 131% Dec 128 Jan 26 78 Jun 100% Nov 98 Jan 24 140 6% 9% Jun 97/a 137/a Jun Dec 85 Apr 13 28% Sep Jun 98 Nov *103% July 108 Oct 1 Feb 91% Mar Jun Jun 104% Oct 45 6 105% Feb 20 94 30 32% Oct 30 84% Jan 9 Jan 7 96 Oct 112% Oct 17 18 28 78 94% 35% Oct 25 Aug 8 101% Sep 21 112l/4Sep 18 1 38% Aug 90 96 Oct 4 20% May 24 6 12% Jan 3 11% Oct 16 7% July 13 Jan May 87 July Oct 104 Jun 12% Jan 14 Jan 12% July 12 Jan 91 Sep 86% Jan 5 92 Jan 3 Jan 3 Mar 27 2 16 83 13% Jun 21% Dec 20 47% Jun 62 Dec 60 Jan 19% Sep Mar 40% Oct 16% July 26 7 26 *8% *24% 11% *57 14 *89 16% 36% Feb 56 Dec 47% Jan Jan 11% Dec 10% Jan 31 Jun 44% Dec 40 9% Jun 16% Dec 14% July 28 4% Jun 6% Jan 6% Jun 11% Dec Jun 101% Feb 77 July 17 5% Jan 3 87/e July 13 90% Mar 13 ' $ per share 24% 15% 12% 3% 9% 11% 3% 9% 11% 3% 9% 41% 43% *112 114% 29 30% 106% 106% 6% 6% 34% 37 123 125 10% 1U% 34 34% 24% Jun 28% Sep 22% 38% Jan Dec 33 27 27 July 25 105% Feb 14 10% 35 14% 91% 16% 16% 17 9(300 12% 3% 9% 12% 12% 11% 12 33,200 3% 3% 3% 3% 9% 9% 9 % 9 '/a 1,100 41% 42% 75,200 17% 18 30 84% 29% 29% 29% *83 83 84% *82% 100 *106 107% *106 107% 1 17% *29% common... Art Metal Ronson Works Inc— 9% . Mfg Co 3.65% 51 9% 18% 19% 18% 26 27 26% 26% 2,400 44% 45% 44% 45% 12,700 *22% 23% 22% 54'% 15% 16% 16 % 53% - *203 215 200 *125 135 *125 *50 50% 1,000 *9 9% 800 36% 8,800 22% 22% 16% 16 53 54'% 53% Sharon Sharp Steel *. 201 195 137 *125 137 *125 Mfg Sheraton Corp Silver King Oct 17 41 Oct 25 Simonds 31% Sep 14 Sinclair Jan 187/s Jun 24% Sep 21% Feb 52% July 13 20% Jan 3 70% Aug 11 33 % Oct 18 Sloss-Sheffield 36% May 29 Smith 12 Smith 88% Feb 77 July 19 88 Aug 3 4 10% Jun 17% Jan 14% Jan 14% Jun 17% Oct 16 107% 7% Dec 4% 97% July 3% Jan Oct 10% Jan Feb 14 Jan 20 3% Jun 29 106 Dec 7% July 25 88 102 Mar Feb 8 23 225% May 26 25% Oct 25 118% May 24 94% 95 94 94 92% 92% 93 % 18% 18 18% 18 18 % 18 % 18% 35%' 33% 34% 33% 34'% 34'% 35 34% 35 % 44,200 40% 38% 39'% 39'% 40 40 41% 41 % 41% 6,600 *97% 99 106'% 31% 31% 94% 112% 106 31% 13% 13% 99 *97% 99 *97% 99 106 *104'% 106 *104% 105 *104% 31% 32 32 31% 32 % *93 13% 93% *111% 112% 113 13% 13% 31% 94 % 113 13% 13% 90% 31% *93 *111'% 13% 90% *90 90% *90 90% 38%' 38 38% 37% 38 37% *76 77 76 76:% 75 75% 76 76 17% 17% 17% 17% 17% 17'% 17% 68% 52% Oct 51% Jan 11 53% Apr 14 14% Apr 11% Jun 9 14 12 26% Feb 40 Nov 36% Jan 3 54% Aug 30 Jan 14% *14% 15% 14% 151% 1,300 53% 53% 54 53% 54% 28,300 17% 17% 171% 17% 17 17 17 17% 17 % 17% 17 17 11% 11% 11% 12 13,700 9 18,200 32 % 33% 323a 33 32% 39% 39% 39% 39% 40 108% *106 41 Jan 32% Feb 11 Jun 61 Jan 53% Jun 29 68% Oct 56 Nov 66% Feb 58% Jun 28 65 10% Jun 13% Jan 3% May 3% July 6% Jan 10% July 12 4% Jan 3 57/a Oct 5 Apr May 60 Jan 3 Oct 20% Jun 26 29% Mar 25% Jan 3 21 Feb 22% Jun 6% Jun 10 % Mar €4 Jan 71% Apr 13% Jun 18% Dec /23% Feb 3774 Dec 107 Dec . 5 19 10% *22% 23 22% 22% *22% 23% 22% 22% *22'/8 23 % *22% 23 % 200 51% 52 52% 54 51% 52 % 51 52% 52 52% 51 51% 6.300 13% 13 % 13% 13 13% 12% 12% 12% 13 12% 12% 4,200 9% 6,000 *39% Carolina E & G Co California Pacific Southern Railway non-cum 29% 28% 29 28 28% 28% 29% 65 63 % 64% 62 63 64 65% 31% 29% 29% 32 % 29% 30% 30% 30% 31% 32 32 32 20% 20% 20% 21 77 % 79% *77% 93 *90 30 % 31 33 32% 33 % 21%. 20% 21 G) 4% *4% 31% 52% Dec 4% July 13 3 47% Jan 98% Jan 143 Dec 121 July 13 160 Mar 22 $6 prior Jan 159% Dec 136 July 13 174 Mar 22 $7 prior 19% 1,000 24 23% 24% 23% 24% 79,200 108 4% *107% 4 % ' *108 110 200 110 4% 4% 4% 3,000 8 8,700 52 7% 8 7% 774 51% *51% 52 *51% 521% *51 % 12% 12% 12% 12% 12% 12% 12 74 1274 2,700 47% 48% 47% 48% 46 47 % 47 47% 46% 47 2,100 52% 8 7% ■ 200 *41% 42 *4114 33% 33% 33% 33% 33% 33 % 33% 32% 33 % 33 33 % 7,800 11% 11% 11% 11% 11% 11% xll% 11% 11% 11% 30,800 20% 20 20 % 20 20 19% 20 1974 20 20 20 37 36% 37 36 36% 36 36% 36(4 36% 35% 36% 3,700 59 74 60 % 28,300 42% 43 14,000 66 66 2,700 No par *20 7.50 37 *41 % 43 42 *41% *41% 42 42 No par common 60% 60% 59% 60% 59 60 58% 59%' 59% 42% 42% 41% 42% 40% 42% 40% 41% 41% 42% 66 66 66 67 % 65% 66 65% 65-/2 65% stk & tr ..100 ctfs Bros 100 Inc *63% 64% *63% 64% 1 *14% 14% 14% 14% 6% 6% 6% 6% 6% *6% 6% 6 % 6% 6% No par 1 No par preferred - *78 *78 82 82 *63 13% 13% *13% 14 6% • 6% 6% -6% *5% 6% *63 82 *79 82 6% *6 *79 13% 1,400 6% 6% 67 s 7,300 6% 6% 6% 400 24 7« 24% 28% -28% 2914 6(500 11% 11% 11 Va "11% 12,900 78% 80 80 % 80 % 410 181/2 *36% 18% 36% 7,400 108% 109% 23% 24 170 10,500 25% *24% 28% 29% 28% 11% 12 11 11% 11% 11% 79 79 79% 79% 80 79 78% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 37% 37% 37% 37% 36 37% 36% 36% 36% 36% *107% 109% *107% 109% *107% 109% 103% 108% *107% 109% 24 23 % 23% 23% 23% 23% 91% 91% 92% *91% 92'% *91% 23% No par *91% No par No par 7% 7% 7% 7% 62%, 64% 62% 64% preferred No par 142% 142% 144 144 144 % 146 preferred No par 159% 160 159 159% 159% 161 com 24 92% ^3% 91% 7 61% 7% 63% 24 . 8% 91% 7% 65% 65% 67% 65% 145 147'% 148'/a 1491% 161% 164% 165 166 7% 62%. 24% 24% 24% 29% No par com 82 28% 25% 28% No par — Inc $3.50 preferred Stand Gas & Elec Co $4 preference *79 82 25 24% % 12% 1 64% 13% 1 common 1,800 28% 24% 29 *63 64% 14% 14 *78 66 641/a *63% -64% 5 & Sons * 60% No par Co preferred Co $4 preferred Standard Brands Jan *13% 51% 43 79 18% 18% 11% No par 20 93 *90 13% 11% 12 89% Jan 79% 93 18% 33% 24% Dec *77 'A 24,000 *41% *291/8 Nov 21 % 79% 2.700 4,100 32 20% 25 1 22% 30% 31% ' .. ■ 2 92 4% *30 2,900 48% 48% 1 R) 108 53,000 63 13 7% (The) $4.50 4% 29% 12% .*51 % common D 4% 20G 29% *62% 7% 7% Inc (E. 110 *108% 8 • 40% 13 Corp Conv 20% ^20 % 4%, 51% par 110 4% 7% *12% Spencer Kellogg & Sons Squibb , 51% 5 Spiegel Square *108 111 *109% Sperry 9 77% Mar 27 28% 63% *30% • *39 "2 40% 64 4,300 6,700 32 5 $5.50 preferred 3 '3 Ohio *39V2 3% 3% 31 % ' 25 Edison (The) Southern 32 29% 33 50 Greyhound Lines South Porto Rico Sugar com_No 8% preferred 9% 9% 3% 32 29% com_4.50 preferred Southeastern 9 % 3% 64 20 Solvay American Corp 4% 25 23 40 x23% 20% Oct 24% Oct *39 % 24% Sparks Withington Co Spear & Co common 96% May 24 8% Aug 11 40 24% 6 109 % Nov 39% 32 25 15 Sep 41 31% 24% 7% Oct Mar 32% 25 10% Feb 23 31% 24% Spalding July 31 *39% 41 33% 18% 13 25% Oct 32% 33% 32% 18% 85 3% 18% 40 22. 9 3% 19 % Apr page 9 3% 19 Jun see 9 % 3% 19 17 % For footnotes 9 3% 19 82 109 9% 3% Smith & Corona Typewriters_No par Socony Vacuum Oil Co Inc 15 1 31 9% 3% *90 5 29% July 26 106% Jan 25 July 13 9% 3% * 26 66% Aug 15% July 9% 5 79% 14% Oct 32 *13 93 12% Sep 8% Mar 30 900 *10 *90 Mobile 17 103% 10% *77% (A *106 10% 93 & 2,300 108% 10% 79 % 5% 40% 10% *90 9 Oct *106 40 % 10% *77% Feb 81 107% 9,300 40 *10% South Indiana Gas & Elec Southern Natural Gas Co Jun *106 12,700 33% 10% 79% 23% May 25 25% 107% 27% 32% 10% 93 19 45% *106 . 27% 32% 10% *90 Southern Apr 11 62% Aug 17 46% Oct 18 107% Shares 27% *10% com Southern 40 *106 Sales for the Week Nov. 3 Sper share share 27% 34V8 *77% Cpt Co 1 27 27% $ per 39% 20 Sons 12 Jun 27% Friday Thursday Nov. 8 Nov. 1 $ per share 27% 30 96-% *95 PRICES 33 preferred preferred Feb 30% July 12 27 8% 9% 96% 39% Iron & 13% Mar 16 49 % 10 Steel 36% Jun Dec 27% 9 *95 Wednesday $ per share 12 11% 9'% 33% 25 10% July 12 51 28 No par 39% Sep 36% Nov SALE Oct. 31 I per share No par Steel & 31% July 26 Jun HIGH 11% 96'% 8% *95 Tuesday Oct. 30 28 95 AND Monday 28% 11% 9% 9% 95 1 Nov Apr 9% I per thare 1 Nov 100 12'% 95 39% Mines Aug 26" 9% 95 1 12 * 9% 96% 33% Co Pen 45 73 11 % 12 9% *95 2,800 No par 35% Dec 11% : *39% No par Jan Jan 2,400 14% No par Sep 32% 69% 52% No par new Jan 28% 69% 14% 1 10% July 12 70 6,900 53% Corp Co 2,400 14% LOW 29% 45 1,000 17% 52% Oct. 28 36% 28 77 17 % 15 100 5% 77 17% *75 53% South Oct 33% 53% pfd__100 South Amer Gold & Platinum 1 Mar 68% 69 % 68 70% 70 70% *70 4,600 90% 33 77 37% -*14% 28 11 53% 17% 13% *90 90% 70 37% ' 140 29 17 % *90 ' 94 112 % 13% 13% 13% *£0 *90 112% 4,400 31% *92% 94 112%, 90 106 15 20 40 *92% 112% *38% Saturday Corp & 31% 10 99 99 *97% *104% 99 106% 94 *93 112% . 100 (A) 4.20% 4,100 18 18% 39 21% 3%% xl7% 10% 53 Co (AO) 220 10% 33% No par Oil Oil 95% 10% 15 Jan 4% Sep 11 Skelly *93% x9% 52% of America Saw 94 10% 5 1 Simmons Co 36% 31,200 10% 18% *93 STOCK Coalition 35 — 10% 10% No par Corp 4 70 10% 10% 15 A) 9 3,500 137 40%' *110% No par Corp Oct 20,600 ' 195 *125 137 *195 34% 106% 1 $4.25 cum preferred (Frank G) May 54 195 10% *97% * 100 Shattuck (W 17 53% 195 18% 100 & Dohme common Oil 2,200 40% 1 Corp 6,900 22% 16% 54% 310 46% *22 17 16% 53% 112 34 % No par Gas & 9% *9 95'% 10% *95 Par Shamrock Oil 50%- 49% 22% *125 137 1,900 45% 195 — 21 Va 36% 195 — 21'/a 111'% 16% 53% 55% 203 5 com vtc 16% — 21% 36% 22 55'% 900 » *21% 45% 22% 3,900 2,800 112% 22% 10,500 18 Va 45% 22% 16% 17% 30 % 18 % 36% 22% 22% 2,500 18% *111'% 45 *22% 18,100 18% 45% 45% 500 7% 107'% *106 36% 44% 112 112 17% 23 % 30% 7% 30 111% 46% No par YORK Oct 100% Mar 480 35% 45% 5 28 Jan 300 107% 111% 35% *111% 45% — 95% 107% 36 35% 111% 45 100 5% preferred series A Seaboard Finance Co__ Seaboard Oil Co of Del 24% July 12 29% Mar 21 95% — 95% 107% 112 35% 100 Seaboard Air Line com May 83% May 44 *41 44 95% 107% 21% 50 9 21% 50 9 9% 111% 25 common Scranton Elec Co (The) 3.35% preferred 4 Jan *41 *95% 18% 18% 21% 51 35% 36% *106 ■ 18% 21% *49% 9% 21% 50% 9 21% *49% 9 107% *106 5 preferred preferred 4.30% . —10 St Joseph Light & Power Co_No par St L San F Ry Co com vtc No par Preferred series A 5% vtc____100 St Louis Southwestern Ry Co 100 5% non-cum preferred 100 St Regis Paper Co common 5 1st pfd 4.40% series A 100 Savage Arms Corp 5 Schenley Industries Inc 1.40 Scott Paper Co common No par $3.40 preferred No par $4 preferred No par 10 25 1,700 19,500 25% 25% 100 common 5% preferred ! St Joseph Lead Co Scovill 21% 21% *49 5 —1 (The) 18% *18% 1 No par Royal Typewriter 22 28% July 13 17% July 13 10% 34'% 107% 2% Mar 31 Jan 10 % 34 106 Co 18 20 Corp___No par Controls El & preferred series A Oct Dec 10% 34% 107% 4% Jan Dec 990 131 130 131 34% 85 Sheller 33 % 126 *10% 17% 3 31% 28,600 84% 14 % Oct 22% 27,600 29% 11% July 25 6% Jan 13 Jun 0% 33 Va 17% Shell Jun 6% 37% 30% Sheaffer Nov 6% 38% 84% 24 19 40 6% 36% 84 23 16% 400 25,400 108 *106 30% Oct 21% T06 3 4 7.700 30% 30% 30% 108 82% 56% Oct 15 30% 30% 25 27% Nov 1131/B 113% 111 200 114 81% 34% Jan 4% 42 Va 43 29% Gas Haas & Dec ~7 20.300 14 </8 29% Rohm Dec Jun 59 *57 5S 84 Robertshaw-Fulton Rochester 15% Jan *57 *33% *41 95% 108 25% 25% 25% ' 17 44 *95 95% 107% 107% 44 *95 *107% 108 2,100 40% 41% 112% 112% 29% 30% *106% 108 6% 6% 35% 36% 124 125% 10% lu% 34% 35 42% 112 29% 108 6% 36% *41 50O 11% 14% 11% 3% 9% 118% 123 95% 25% 11 90 3% 10% 34% 25 11% 16% 9% 29'A *106% 6% 34% 50G G% 8% 25% 11% 7% 40% 5 *8% 8% *24% 29% Apr 2% 2,400 7% Jun 23 500 15% 29% EXCHANGE 2 17% 15% I ' 29% 17% $ per share 11% Oct *17% 15% *29% 17% 11% Oct 17% 15% 29% 17% 30 10% Jun *17% 29% 17% 8% July 12 15% Jan 7 8% 700 30 NEW 3 20O 15 Va 33% 29% Servel Inc common $4.50 preferred 34% Oct 33% 15% 30 14 % May 31 46% Aug 28 108% Apr 6 33% *15 *29% Inc Sears Roebuck & Co Seeger Refrigerator Co Seiberling Rubber Co 30% May 19 100 *33 14% 12 40 112 44 95% *107% 25% STOCKS 31% May Jun 40 20 Mills Seagrave Corp $ per share *33% 44% 23% 7% Range Since Jan. 1 Highest $ per share 40 7 Lowest Highest Lowest 2,803 *38% 44% *22% Range for Previous Year 1949 24 % 45 23 6% 54% Oct 20 20 May 20 12% Oct 27 98% May 17 *23% 22% 6% 2 82 May 11 16% Oct 18 25 5% 33% 1,000 24% 23% 90 90 16 ' 77% Aug 30 21% Feb 3,600 34% 34% 44 Stores 6 Shares 42% 41% *34 34 % 46 Safeway Oct 15% 42 share 22% 7 4 57% Sep 13 215 Oct 20 14% 89% 9 25% 11% 59 14% 89% 41% S per 44% 22% 6% (Jacob) 18 27 43% *8% *24 11% *57 share 45% 23 7 Co 9 95% 107% 25% - No par Corp Ruberid 23% Oct 15% the Week Nov. 3 Nov. 2 45% *22% 6% Oil Ruppert Mar 15% Sales for Friday Thursday $ per Company No par Antelope Copper Mines Richfield 37 25 Jun 7% 31 1 Ritter 14% 17% 15% 42 34% 23% 40 33% 15 17% 9 26 11% 59 14% 38 *32 41% 34% 23 *38% *32% 15 *17% 15% *34% 22% 16% *41 44 *95% 107% 100 100 1 114 Mar 7 50% Sep 18 19 Mar 24 21% Sep 4.50% 12% Apr July 13 26% July 12 Dec > 77 " 8 *41 10 series 3.60% series 22 6 1 10 Rheem Manufacturing Co 23% Jun 89 % Oct com No par preferred—100 Common 13 30% July , 2.50 Tob class B (R J) Robbins July 13 A—100 Inc Metals Co Reynolds 42% 43 *112 115 29% 29% *106 107% 6% 6% 34% 36% 120 125% 10% 10% 34% 34% No par com convertible 6 16 * 5% % 32% Oct Jan Corp Reynolds Spring Co Roan 39% ' Reynolds $ per share 43 34% 23% 38 33% 15 17% 42 8% 25% 11% 59 14% 90 16 12% 3% 9% 11% 3% *9% 1 50c 10 prior pfd series Drug 2 102 19% Nov Jun Rexall 15% 16% 16 1 Copper & Brass com_No par 5%% preferred 100 24 60% Jan Dec Steel conv Oct 12 Dec 105 6% 7% Nov 28 Jun t Inc Revere 3 24 series— Republic Pictures common $1 convertible preferred Republic 8% 25% 11% *57% 14% *89 16% 5 100 50c 25c common Republic Aviation Corp 19% Mar 24 Dec 12% Mar 14 4% Jan Jan Co pfd 3%% Preferred 108% Jun x3% Mfg Motors 16 33% *16 prior preference 10 Corp No par Preferred 8 5 40 *31% *15 50c Remington-Rand common $4.50 preferred Reo 15% 24% *38 Stores Conv 17% 35 *24% 43 34% 24% *38 *32 PRICES Wednesday Ncv. 1 Co— & div $1.2., 99% Mar 31 13 Xl05% Mar 108% Nov 24% 36 5 100 Jan 96% Oct Dec 10 85'A 7% 2 103% Feb Jun 42% Mar 15 24 7% May 16 38% Nov 2 13 20% Jan 19 Oct 109 July 13 5 Dec Oct 30% Nov 13 103 Jan 23 Jun Sep Jan 14% Jan Dec 16% 4% Aug July 13 Jan Jan 110 (Robt) 11 22 15% 16% 16% *34% No par Co Inc Bros 9% Jan 2% 4% Reeves Mills Hosiery Reed Roller Bit 28% Jun Nov 4% 1st 2nd 6 12% 6% May non-cum Silk 9 90 common non-cum 4% Real Feb Apr 18% 4 % Co 43% 34% 25 40 33% 15% 17% 43% 42"% SALE $ per share J per share *8% 9% *25% 26 *11% * 11% *57% 59 14% 14% *89 90 1 25 50 preferred—50 preferred 50 preferred July 8 \ Jun 98 $2 Reading Oct. 30 . t per thare Rayonler Inc common Jan 7 22 Nov 60 Aug 8% 73 9 17% Sep 18 July 17 Oct. 28 Par Reis 27 Jan Dec 6 % Jun Jan 6% 21 13 34% Mar 22 3 10% Sep 3 Monday Saturday thare 44% Oct 25 21% 18% HIGH Tuesday Oct 31 LOW AND STOCK YORK EXCHANGE Highest Lowest Highest thare NEW Range Since Jan. 1 Year 1949 Lowest Monday, November 6, 1950 . RECORD STOCK YORK STOCKS Range for Previous . . 8 8 92% , 92% ' 8% 66% 1-48% 148'% 165 165 1,600 1,400 230 m' 36,300' -'33,200 v 1,400 4,200 Volume 172 Number 4957 . . . The Commercial and Financial Chronicle (1749) NEW Range for Previous STOCK Range Since Jan. Lowest Highest 1 NEW Highest YORK LOW STOCK Saturday . EXCHANGE $ per $ per share share $ per share 55 Jun 70 Sep 61 Jan 25 78 36% Jun 45% Nov 42 % Feb 14 58% Oct 60% Jun 20 Jun 74% 96% May Nov 66 Jan 25 27% Oct 25% Jan 4 102% - Dec 101 Feb 33 % 104 26 12 Jun 20% Dec 18% July 13 Jun 48 Dec 48 x27 Jun 38% Jan 26% Mar 13 Jan 10, July 35 Oct 94 Jan 9% 100 Oct 25 12% July 14 16 Sep 28 393/8 Feb July 12 98 Feb 21 Dec 30% Apr 27 Jan 12 Jan Jan Dec 10 3/4 Jun 15% Jan 18% Dec 12% Feb 21% Dec 28 Dec 163/4 July 5 163/4 July 13 25% July 17 28% Jun 6 Va 52 Feb Dec 9% 38 % Oct Sep 95 % Jan 5% 52% Feb 66% Oct 55/4 Feb 15 117 Jan 9 Jun 15 122 Dec 116% Oct 10 Dec 10% Jan 25 17 17% Jan 163/4 Jan Jun 21% Sep 19 xl22 Sunbeam 5 Sun 7% Mar 127. 60% Sun Oil 9 Class Oct 18 Sunray 24% Oct 18 29'A Oct 18 29 26 12% Co Oct A 19 Preferred 5%% Sunshine 11% May 11 Sunshine ' Jun 8 3,4 Aug 14% Jan 3Q3'a Jun 41% Dec 106% Dec 8% July 12 227 Dec 108% 195 Dec 7'/4 Feb Jun 363/i Jun 12 Oct Apr 4 17% Aug 24% Sep 89 3% Jun 9% Jan Jan 18 Jun 12% Dec 11% July 11 2%' Jun 6% Dec 4% Apr 17 Jan 13% 48% Jun Jun 18 Nov -* Nov 59 % Jan 25 Jun 18% Nov 15 Va Jan 13 Jun 70% Dec 63% July 13' 20 % Feb 16 16% Jun 26% Nov Tennessee 2' Nov 24% Oct 37'A Oct Texas 17 • 13 22 Co Texas 58% Dec 53 July 17 89% Sep 48 Dec 44 Feb 63 25 Va Apr 12 Dec 4% 35 Jun Mar 1% Jun 14% Jun 6. 11% 15% Jan 10 Jun Jan 14 Jun 30 8% Nor 7% Jan 3 32% Aug 30 % Jan 14 Oct 6% 25' 17% Oct Apr $1.25 1 Apr 1 18 20 Thermoid 13% Jun 32% Nov Oct 4 2% July 12 Dec 26 Oct 25 Va Jan 22 Jan Jah 13% Jun 43 % Mar 7 20 33 % July 14 Aug 22 43% Oct 23 $3.50 Tide Range Since Jan. 1 Highest Highest 47 48 44% 46% 45 45% 45% 45% *48% 72 15% $ per share $ per share YORK $ per share 15% 15% 23% 23'A 26% 27 26% 27 55% 10 *294 304 16% ___lo 9% *115 15% 43% *43 116 14 Va July 13 19 Va Jun 23 Transamerica Corp Dec 15% Jun 20% Apr Trans 16% Feb 15 6% Feb 9% Dec Tri-Continental 108% Oct 29 7 20% Oct 8 23 8% July 13 104 % Jan 3 11% Jun 12 Mar 9% Aug 15% Jan 19% Jan 25% Dec 32% 18 Va July 17 Jan 37% Dec 32 % Jun Dec 98% Aug 110% May 17 15% Sep 13 25'/a Jan 6 10 Jan 3 10 ...25 Co. 10% Nov 8 % Jan 5 34 % Nov 29 % Jan 18 Jun 6% Jan 4% Jan 3 27% 27% 1,600 20 20 1,800 55% 55% 1,000 9% 9% 9% 9% ' 294 290 9% 9% 295 .295 290 15% 15% 16 16 43 43 42'A 42 % 42 *115 116 115 38% 14 115 9% '*42% 43 115 *112 Va 115 Dec 10 21 • 39 Nov 46 Jan 10% Feb 12% Apr - 19% Jun 31% Jan 39% July 14 10% July 17 26% Jan 13 33% 1 Jun 45% Dec Feb 10% 38Va 38% 38% 39% 13% 13% 500 -f 23% 24 23% 24 23 Va 23% 13,700 86% 9% 86% 86% 86% 86% 300 9% 9% 9% 9% 21,300 13% *85% 86 *85Va 9% 10 9Va 10 9% 9% "13 Vs 13% 13 Vs 86 " 13% 13% 9% 10% 38% 13% 1,000 39 *10 6,800 1 *13% 5% 5'A ! 21% 21% ; 13% 75% 5 13% 4% 22 21% 21% 76 13 20 Va 5 13 - 5 *4% 13 *4% 21% *13 5 22 5 1,300 22 3,000 77 28,100 /76% 74% 74% 75% 22% , 22 22% 21% 22% 21% 22 22 22% 21% 22% ' 83% 84 83 83% 82% 83 83 83% 83% 84 32% 35V* 32% 33% 32% 33% 33% 33% 33 % 33% 81 82 75% . 34% ' f 81% 60 60% 13% 13% *16% 5 • 11% No par __j_.No par • *38% • *13 ___1 • 76 'A 76 77 h *40% 81 76 77% 78 81% 82 82% 60% 61 61 61% 60 % 62 61% 63 » 14% 13% 14 Vs 13% 14 14 14% <14 17% 17% "13% 17% 17% 17 12 11 11% 11 Vs 11% 38% 38 38% 38 38 17% 13% *8% 13% *13 8Ve 8% 40% 40% 8% 42 26% / 26% *8% 8% 8% 69% 69 Va 4 68 *101 41% 26% 8% 8% 8 Va 8% *8% 8% 66% 67% 8% 69% 66% 67 *100% 3 102% *100% 2% 102% 27/s 2% *8% 8% 68 68 *34 34% 102 102 101% 26% 26 26 26% 31% 31% 32 Va 32% 26% 32% *25% 31% 32% 32% 18% 17 Vs 9,100 18 17% 18 18 18% 18% 18% 41 41'A 41 9,600 ' 41% 40 41 39% 40% 40% 40% 40% 41 5,000 Saturday Monday 20% *18% 9% 10% 9% 107Vs 106% 5 107% 15 No par 15 22% 23 35% No par 107 35% *102 ' 50 16% 17% 17% 20 *19 107 107% 107% 14% 20 ; 10% 10 10% 20,500 107% 108 14% 14% 14% 22 22% 22% 35% 35% 35% *102 102% 108 14% 102% 35% *102 11% 11% 11% 35 Vs 35 35% 35 35 35Vs 35Vs 8% 8% 8 Va 8% 12% 12% 127/s 12% 12% 34% 34% 400 8% 8% 8% 8'A 8% 6,000 12% 12% 12% 12% 12% 12% 44% 45 44% 45Vs 44 Va 44 Va 44 44 44 44Va 44% 44% 11% 11% 11% 11% *11% 11% 11% 11% 11% 11% 11% 11% *35% 35% 35% 36 34% 35% 34 35% 35% 35% 35% 35% 47% 47% ;*110%112 47% 110% 47% *110% 47% x47Vs 47% 47% 47% 110% 110% *110% 47% 112 48% 112 *99 105 19 Underwood 10 Union 22 May 10 Union Un ; Rubber & Carbide No par Carbon____No par & 30 114 July 7 103 % Aug 18 Preferred 30 99% Aug 15 Preferred 24 107% May 23 33% Sep 22 Union Oil of California 100% Sep . Union Pacific RR Co common____50 73% Jun Jan 81 Jun 27 Apr 51% Feb 50 Jan 9 30% Dec 36% Jan 31 May 12 27 20 Va July 89% Dec 25 Vs Jan 104% Jun 109% Oct 106% Jan 10% Jun 14% Oct 13% Jan 61% Jan 85% 19% Feb , 103* ■ ■ Union Bag & Paper Corp Corp Asbestos 30 48 Jun 4% Jun 29% - Jun Oct 31% 106% Dec 9% Oct 38% El Co of Mo pfd $4.50 ser__N0 par 4% 3 " Union 34 Vs Aug 13 1 Mar 20 5% 19 Oct 24 90% Aug 1 Mar 29 United 33 13 Aircraft Air Biscuit Of 16% Oct 5 32 Va July 12 41% Oct 24 United & Carbon *104 30% 96% 105 *99 95 *93 95 105% 30% *104 30Vs 96% 95 51 51 *35% 36 35% common 5 30% 100 America 108% 17Vs * 30% 108% , .__:100 17% *85'A No par 29% No par £ *108% Carton Corp....10 Co No par 30'A *107 16% *85% 88 29% 29% *108% 110 *13% 13% 13 40% / , 105 *93 *50% common.^.10 / 111 *100 95 50 preferred Board •' 48% 110% 105 No par preferred Inc *93% __25 ; Corp Lines *100 No par No par Co $4.50 preferred United No par series series convertible 4%% 7% Mar 28 Jan $4 Tank Car United 111% Sep series $3.50 non-cumulative preferred United 112 $3.70 Preferred Aug 21 36% Oct 3 79% July 11 24% July 17 106 % Jan 3 Dec 22 54 25 2,000 7% No par Co—i_5 Apr 13'A Jan Jan • - 11% 12% 51 2' 600 102% 11% : 90 % Jan Jan 17,500 r 11% 8% 40% 40% 30 29% 2% 105% *104 29% *92% 105%/ 36 30% 104% 28% 29% 95% 94 95 51% 51% 51% 35% 35% 35% 30% 108% 17% *107 16% 88 *85% 29% HO 13% 40% *92% 104% 30% 94% 96% 51% *99 95 51 35% 30% 29Va *108% 12% 39% 840 3,200 22% 35% __1 96 24% May • 14% 22% , Udylite Corp (The) Nov 103 3,800 19% 35 % *102 15,100 *19 13% Jun 22 Aug Sep Shares ' 16% 17% 11% 35% 35 10 21% * 102% 8'A 1 *19 10 106% 14% *11% 19% 9% 10 Vs 35% *102 Sales tot the Week share 16% 17% 22% 11% *35 ie% 17 14% 102% 50O ■ 16% 35% 11% 28 $ per 17 21% *102 1,200 Nov. 3 i 16 15'A 11% 3 Friday Nov. 2 $ per share 16% 35% 102% Thursday Nov. 1 17 Vs > 23 ' *2% 26% $ per share 15 11% par 27/s PRICES - 22% *35% 2% Wednesday Oct. 31 *18% 107 SALE $ per share $ per share 10% > HIGH Tuesday Oct. 30 I per share 20% 94 32% 70 32 Vs 10% 96 Jun — 101% 18 *19% 112 25% 2,200 ' 26% 1 Jan '• 80O 68% 34 31% No par Jan — 2,900 31% 16% Jan ... 20O . 28% 16 Vs Co 120 4 26% 67% 102 3,600 40% *3% .*26% • 480 8 40% 4 2,900 , 13% 18 % 17% Twin 4 11% 37 , 18'A 16% 2 42 26% 17% 13 *41% 42 *40% *3% 16% Transit com__No prior preferred 8 26% 17Va 5% 8% *3% 16% $4,50 prior preferred 8% 8 Va 25% 17Va Twin City Rap *13 4% 16% 13 13% 26 Vs 2 Apr Apr *13 • *3% 5 5 37 17% 11 1 25% 2% 3 Oct. 28 Jan 8 « 20,000 2,700 31% • Co 13% 17'A 11% 37% 12,700 2,000 14% 2% 26'A * No par *13 8»/s 41% 11% 27 4 102% *26% v STOCK 94 - 8,200 4,900 12,800 63% . *37 . 37% 13% , LOW AND common ... 11% % 63 *33% *2% No par Inc 11 Vs — *101 10 \ 17 17 *37 -• "n Va 4 *3% *26% 1 17'A 8 *13 . 5 Oil..'. 78 . - ; ...15 86% 110% Oct 600 13% 5 22 , 22 84 80% , 5 Corp 13 5 21% 75% ' ' 34%. *13% > 107- Aug 70 *10% ■ 24>/e 24% 86 1 37% Sep 40% July 17 * 400 10% 47 10% 6,500 10% u dull VB 400 . 16 42 *112% 7,100 * 299 15% 86 13% 23% 24% 85% 24% 9% *292 16% . -,._100 _! Coal Coach 4,900 27% 15% . 30% 30% *104 *50% 51% 1,100 35% 35% 31% 1,100 31% 17Va *86 88 29% 29% 12% • 12% 39 12% 39% *108% *12Vs 39% 39% 29% *28% 111 94 10 32 30% 95 31 108% •' 23,000 4,300 12,800 108% 108% 200 17% 17'A 17% 16,400 88 85% 85% 30 12% 2,600 109% 12% 40 100 31' 30% *108% 109% 12% ..39% • '* 39% " 23 Jun 30 32 ' 2% Jun 3% Oct 2% July 12 4 40% Jun 47% Sep 36 Vs July 11 50 3% Dec 3% Dec 3% Jun 9% Dec . 3% Jan Sep 28 United-Carr Jan United Mar 12 3 Jun 55% Dec 50% July 12 14% July 18 22 % July 13 66% Nov 2 Dec Dec 9% Mar 19% Jun 19 Jun 18% Feb " 94' Mar 25% Dec 30% Dec 27 Vs July 12 17% Jan Jun 116% Dec Jan 187 6% 43 •: Jun May 13 15% Sep Oct 14% Jun 30 90% July 26 181% July 19 8% Jan 3 10% Sep 57 Jan 46 % Jan 22 17% Apr 26% Oct 3% Jun 9% Dec 15% Jun 30% Dec For footnotes see page 4 Mar 11 Jan 3 23% Jan 12 39% Oct 19 106% May 23 21% Oct 24 135 189 Jun Mar 12% Oct 60 5 2 18 Sep 12 35% Nov 1 8% Jan 10 21 Aug 18 28 Vs Jan 9 62 Aug 18 22. — 68 No par - 18 24 Jun United Fruit Co United Gas Improvement Co 11% Mar 30, 4 100 United Gas Corp 15% July 13 15 Vs July 13 Oct preferred 29% Apr Sep 99 7% common 19% Mar 22 . Dec 12% 175 Sep 21 13% X89% , 58 26 102% Nov 67% 24% 52% 647/s 24% 20 19% 68 52% 53% Oct 26% 4 10 24 25 July 18 Feb 4% 52% Mar 29 39 July *42 10% 5 16 Dec 16 *10% 5 Jan 42% 18% 4 1 United Engineering & Foundry July 17 22% Jun *44 % 1 (Del).., 3 41% United Electric Coal Cos Jun Aug Corp 41% United Dyewood Corp 14 Vs r United 3 , j100 4% May 31 34% Dec Storescom__30c Cig-Whelan $3.50 convertible preferred / *29% 3 12% Aug 21 78% Mar 3 70 No par 8% May 22 45 1 Fastener 65 13% 65% 19% —>—10 19% 28% 14% : -- 18% United Merch & Mfrs Inc 1 *28 '14% United Paramount Theatres— 1 ' 19% *19% 20 19% ' 36% *100% 37 102 35% 100% Certificates of interest U S & Foreign Securities $4.50 1st preferred U S Freight Co No par No par U S Gypsum Co common 7% preferred U S Hoffman Machinery com 4Va% preferred £ - Chemicals 20 20 100 5 Ll00 . - „ 10% *57 32% 4 9'A *67% 23% 68 24% 53% 65% 19Va 28% 43 4 4% 10Vs 29% *42 3 43 " 51 * 64% 18% 4,300 3,200 - 2% r 9% 68 2% 42 ' *42% 4 • 2% " 300 2% 2% 42% 100 9,000 4% 28,100 "9% 68% 4 9% 2,000 68 68 68% 24% 24Va 23% 24% 23% 24% 3,200 x47% 48'A 47% 48% 48% 48% 2,200 68 65 65 19% ' 19% 66% 12,300 19% 19% 19% 24,900 28% 27% 28% 14% 14% 14% 14% 14% 16,900 19% ' 19%" 19% 19Vs 19% 19% 19% 24,100 19% 35% 36 " 36% 100% 19% 19% 19 104% *183% 103% 105% 106 185% 106 66% 100% 101 19Vs 37 101 19 66% ' . 19% 19% 19% 185% *183% 185% *183% 10% 58Va *10% 10% *183% 10% *57 33% 58% 57 57% 10% 111 185% 11% 11% 32»/s 32>/s 34% 33% 33% 35% 35% 35% 19% 19 19% 18% 18% 18% 18% 13% 18% 19 preferred No par *57 58% 57 57 57 55% 56% *56% 58 56% — 2,600 - 70 35 34% *19% 210 1,400 7,900 59 *57 No par 2,400 9,300 102 109% *57% 6,400 37% 19% 36% *101 109% 10% 58Va * 210 19Vs 28% 19Vs * 65% 68Vs 28 19Va 27% 13% ; 19% 36 65% 18% 14 *55% ' 42% 43 No par Class A conv 28% 24% 28 9% 28% 4,4., 9% ' 9% 9% *100% 102 19% 19% 100% 19% 29% 52% 19% 37 4 „ 35% 20 2% 42 9% 13% 19% 14 *28% 2% 27% 20Vs 19% 106% 107 *183% 185% 20% 1063A 106% *183% 185% 10% 10% *57% 59% 19% *28% 2% U S Leather Co common U S Industrial 1 No par 20 *28 13% 29% 7,400 19 3,200 57% V 1 100 35% *107% 29% J"' 51% 17% 29% 105 95% 31'A *108% *104 35% 108% , 50 94% 51 % 17 29% 29,300 95% ' ,*107 110 94% 105 1,200 4,500 105 *99 95 2,600 " 30% 17% *83% *111% 105 6.400 29% 108% 88 - ' '«*«- « 1,500 20 * 20th Century Fox Film com__No par conv 26% 56.900 - - 55 38% 22% "preferred 13 Va 27 16 19% 39% 84 $1.50 39 -27% 15% 55 38% ' 9% Oct 1 Jan 23'A -27% 55'A 39% * 5 103 *23% 27 Va 19% 39'A __50c Airlines conv 16% 23% 26% 19% 10% 10 preferred Truax-Traer 15% *23% 26%. 54% 10% No par 10 _ Transue & Williams Steel $6 15% 23% 26Va *26% 10% 23% 20 19% 294 . 115 *13'A 4,300 54% 10% 14 69% 118% 15% - 20 69% 118% 119% 54% 10% 14 8,700 96 23% - 10% 5 5 _ 36Va Jan 29 Jun World ' 16% 43% 115 70 1,900 11% 11 *94 19% " 300 300 16% *43 69% 1,000 46% 46'A 11% *118% 16% 20 / 69% 119% 28 27%. ^..25 69% *118% 23'A 27 10 71 15 Va 96% *95 119 27"A 55% Par Dec 4% . 20 : 17% 4% - 96% 71 23% 27% 15 11% 11% *95 *118 119 19% 1 EXCHANGE 16% 24 71% 11 15% 23% 27% 11 96% 55% Bearing Jan 103 16 *23 No par Jun Sep 71% *118 10% 96% 27 Axle Jan 98% 72 119 11 97% 19% _—9 Associated 10 Feb 10% *96% 97% *118 —— 11% 98% n *96% , 10 49 i0)/8 , 27 preference NEW 8,000 7,400 Trust— issued" Lowest 15 Va 50,000 STOCKS Year 1949 Lowest $ per share 14% 31% (J. R)——, Range for Previous 14%.• 30% common Roller 6,000 31%. No par preference Timken-Detroit Timken 4,500 15% 31 Va • .. Water 40% 15% 31'/2 4% preferred __100 Thompson-Starrett Co com__No par 6 32% Oct 27 6 42% Feb 3 19 5% Feb 31 40 15% 30% Thompson Products common.— 4% 40% 15% 31% 27' 40 40% 15% 30% ' 23% May 19% Jun 40'A 32% Thompson "When 120 40 •" 31% 25 2 101 % 32% 8% Oct ' 37% *100% 32 ' Nov" 36% 101% 19% $2.50 convertible preferred 50 tThird Avenue Transit Corp.No par Steel'Co (The) ! 1 ■ 37% *100% 20 Va Thomas i 36% 101% 36% 19% 7 73% Sep 700 8,000 36% 101 *19% 23 102 300 14% 19% 5% Jun 94 % Jan 36% •*14% 20% 28 % Oct Dec *35% 14% 19% 3% Jan 95 36% 14% 19% 17 Va Jan 5% July 13 51% May 12 *35% 14% 19% Oct Mar 500 36 19% Jan ■ 52% 18% Jan 9 52% i 19%. 7% 42% Oct 20 52 Va 19% * 36% Jan *52 19 preferred——__No par Co 52 15% common The1 Fair 9 Va Oct 11,600 19»/4 55% & Oil Land conv 300 25'% 18% ; Coal conv 104 Va 25 19% Thatcher Glass Mfg Co common $2.40 *101 25% 19% certificates Inc 13% Sep _ 2% May 14% 10,600 102% 25 24% 15% 1 Pacific Ry Co, Textron 4 14 43 " Apr 151/2 15% 41% 20 Nov 84 Va 15% 100 Producing share 102% 104 19 com Sulphur.- Pacific Sub Texas & 3 14% Sep 30 12% July 5% Jan Jan % Nov 32% 15% • Pacific 32% 19% I —: Gulf Gulf Texas Feb Jun Jun 40% 15% 50 Corp Texas 32% 19y2 (James)_: Texas 7 ' 32% •' 18 Oct 36 8 40 16% 1950..20 Telautograph Corp 33% 13% July 4% Mar 40% 15% 12.50 T Taleott Inc 86% Oct 14 40 16% 25 preferred . Symington Gould Corp 19 77 65% 11 % 56 . 40% 16 '-25 18 23 52,100 32% 18,400 " 36% I0c Paper Co preferred 7% Apr 3 87% 20 California • 86% 19% Mining Co 13% Oct 10 87% *14% 101% A $4 _ 9% 36% Sylvania Elec Prod Inc com__No par 25 19,500 86 *19% Swift & Co 10% Oct i43/4 *100% Swift International Ltd 3 57% 86 52 37 143/4 37% 100 ser 5 26% Apr 4 76% 57 36 36 i43^ 101% Sweets Co of America (The)..4.16% 88% May 31 Jan 5% Jan 75% 57% 32'% X *101 called. 6 18 % July 13 36% 76 57 Va. *101 52 101% Steel Corp 4 % % 36% 75 % 57% 15% 14% Inc 15% Mar 79 Mar 63/4 Nov B 40% Oct 3 36% 143/4 Shares 753/4 24% 38% *37 the Week 84% ' 25 *50% Sales for Nov. 3 * per share 56 104% 24% Friday ' 20 series series Superior Oil of 6 13 *101 *40 common.. Sutherland 116 102% Nov. 2 S per share 75 ' *101 No par pfd Superior 32 5 preferred 2nd Aug 4 17% Oct 23. 31% 52 .. —-No par Biscuits 453A Aug 23 July 13 Feb 76% 335 3 July 17 9% July 11 33 % Jun 29 Dec 8 '/2 103 113/4 NOV 27% Jan 93/4 Mar 30 35 32% 52 15 pfd series B—__25 conv 85% 100 common 4% % conv 18 84% 32 38% preferred___N° par Corp preferred 11 86% —15 __ —— 4%% 21% Oct 84% 53 *14% Corp pomomn—1 A 4%% * 75,/4 56% 253/8 *37 t__l Oil 633A Apr Sep 5 55% 25 Thursday Nov. 1 $*per share 74i/a 102% PRICES $ per share 753/4 253/8 ,• SALE Wednesday '56% *52 ^ Jan July 13 25% HIGH Oct. 31 No par Corp series 49 Dec 1 Corp Chemical $4.50 25 26% Oct Feb Inc Webster 14% July 12 36% 32 103 No par preference. prior & 30 Jan S (J Studebaker 25 11% • L Stores Bros 7 72% Oct 32 Stokley-Van Camp Inc common___l 18 July 16% Mar Apr 86 *102 100 P) & Co Inc Stewart-Warner Corp Stone 11 % Oct (The) preferred 17. 101 853/4 , Steel Co Stevens 28 71 20 56 common_^_10 Stf,1/i"g Druf Xn<\common 3/2% 18 16% Oct July 13 96 Sterchi 203% Sep 8% July 17 Jan 745/8 56% , 23% Apr 27 36'/a Oct 7 27 90 4% 42% Aug 24 21% Apr 21 3 75y2 56% Spring common-__l convertible preferred.--—50 Starrett 10 101% Oct Ohio of preferred series, A Standard 26 39 K% Feb 3%% 23. 533/4 Sep 9% 16 Va Oct 1 Jan 13% Standard Oil Aug 17 6 33% Jun 3 $ per share 751/2 AND Tuesday ' Oct. 30 I per share Standard Oil of California___No par Standard Oil of Indiana 25 Standard OH-of New Jersey—:!—25 18 34 41% Aug Jan 24% Jan 2 Sep Par » 18 87% Nov 21 40 Oct' Monday Oct. 28 „ $ per share RECORD STOCKS Year 194!) Lowest YORK 2* 700 1 v 22 The Commercial and Financial Chronicle (1750) YORK NEW I per 11% share 7% $ per 16% I per share Jun 82% Jan 72 30 93% Nov Apr Jun 12 x31% Sep 27 97% Apr 11 -100 3 52% Oct 5 —10 48% 18 143% Oct 5 -100 *140% 21 72 Apr, 33% Mar 31 58% Oct Mar 54% July 14 68% Mar 20% Jun 26% Jun 140% Jan 25% Jan Dec 129% 13 Jan 4 139 6 30 42% Oct 151 Oct 19 Feb 21 18% Jan 22 Nov 18% July 12 22 38% Jan 44% Sep 40 44% May 19 Feb July 3 5% Jan 6% Nov 26 9% July 13 Jun 11% Nov Apr 92 Deo 91% May Jun 4 Jan 2% July 17 22% Oct 2 Oct 27% Feb 12% Jun 3% Feb 17% Sep 19% Jan Sep Jun 170 Mar 7 Feb Jan 15 Jan 9% 25% 3 4 3 July 13 20% July 27 161 Jan 16 7 % 6% Oct 28 11% Apr 100 U S Tobacco Co 24% Oct 18 6% Apr 72% 73 28% 28% 29% 29 29% 97% *96 97% 97% *96 97% 97 V2 *96 48% 46 141 138% 47% 137% 47 45% 138% *96 46 3A 138 Va 138 54 48% 477/8 139% 139% 48 3 6,000 ■' . 15,200 1,140 4 140 51% *65% 67 66 66 40% 413A 40% 41% *150% 151% 150% 151 149% 150% par [—25 20 197/s 20 19% 19% 19% 19% 19% 19% 19% 19% *43% 45 43% 43% 43 43% *42% 4?% 433/4 43% 43 43 6% 67% 6% 6% 6% 6% 6% *6% 6% 800 * 10 % 10% 10% 10'A *10 10% 10 Va 10% 1,100 96% 94% 94 34 *94% 20 6% d—5 6% 10% 10% 10 % par 2 *94% 9 6 3/8 *94% 96 Vs *94% 2% 27/s 2% 2% 2% —50 convertible preferred-. Universal-Cyclops Steel Corp. *23 Vs 24% 23 23 233/4 23% 23 Vs 17 4% 1 *23 1 *4% 4% Jan 9 )par 23% 237/a 177 July 28 Sep 27 100 174 1 27 23 Apr 20% Feb 34% Aug 16 Vanadium Corp of America__No 11% May Not Van Norman Co 22 52% 65% 65% 800 41% 41% 198,500 3,100 149% 140 96 % 500 2% 23% 3,200 1,100 22% 23 22% 3,200 2% *94% 2% 23 149 *22% 96 % 2% 23 % 148 % 13,500 22% 22% 1,000 4% 4% 4 % 4% 4'A 4% 4% 4% 2,100 24% 23% 23% *23% 24% 23 % 23% 174 22% *173 176 *172 174 22'% 9% 9% 9% 9% 97/s 56% 56 Vs 56 56% *253% 10 25% 25% 25 Va 28% *12% 32% 15 26% 29 12% 32% 15% 26% 104 105% 44% 101% 8Vs 56 56 56 25% 25% 25% 25% 29 30 12% 28% 12% 12% 12% 12% 32 32 32 32 32 15 26% *55% • X149 53 % 54% 66 42 *23% 43/a 176 9% 97/« 22 41% 2Va 2% *23 23 53% *65 150% 150 2 Va 22% 24 *173 174 9% preferred Utah Power & Light Co. 43/8 24 51% 53 Vs 6% 103/g ) 4%% 73 42% 25% Oct Dec 64 43% Jan 73 28 683% x25 12 500 73 28% 54% 61% Jan Dec 3A 4,600 73 *72 73 273A 52% July 10 45 May 23 24%t Aug 21 12% 38 % 67% Corp. 3 9 38% 40% 4% Apr 24 27% Jan • 140% 54% 54% *66 ) commo 26 Jan 38% 41% __ non-cumulative p 1% 38 67% > Corp commor United Stockyards 83s $ per 16 41% 50 preferred 1% 9,900 *8% 15% 8 3/8 par 100 —50 preferred 7% U S Steel 46 48% 141 Shares 16% 8% 38% 16 37(4 38% share 15% *8% $ per share share 8% 75 *96 97% *96 38 * 8% the Week Nov. 3 . 28 % 28% 28% 28% 39 *74 76 *73 1 Plywood Corp common. 37 % Jan 46% 156 —10 U S 126% Jan Oct 21 38% Jan Oct 2% 38% 9 10 Jan 62 8% 38% 8% Jan $ per 15% 16 *8% Sales for Friday Nov. 2 Nov. 1 IS3/* 8V2 *8% 20 4%% 8% Thursday Wednesday $ per share 16 Vs 16 *8% 49% Jan 77 $ per share 16% Monday, November 6, 1950 PRICES SALE HIGH Tuesday Oct. 31 Oct. 30 —10 43 33% 80 16 AND Monday , $ per share 4 133 31% Aug 112 % Jun 4% Par share Feb 65% July 17 23% July 12 88% July 5 Dec 82 18 7% May 10 Deo 19% May 27 34 % July 13 8% Apr *49% Jan Jan $ per share 14% Jun Oct 38 LOW Oct. 28 . RECORD Saturday STOCK YORK EXCHANGE Highest Lowest Highest Jan NEW Range Since Jan. 1 Year 194# Lowest STOCK STOCKS Range for Previous . . *174 176 10 400 175 9% 20 9% 57 56 25% 25% 25%> 29% 2S% 13 33% 15% 27% 104 105% 45% 101% 8% 99% 19% 116 104% 29 30% 29% 32% *28% 230 56 25% 5,100 *56 2,100 V 25% Jun 17 14 77/e Nov Jan 3 13% Oct 24 20% Jun 27 24% Feb 23 38% Sep 5 10 Feb 3 Jan 13% Jan 25 Oct 12% Jan 20 20% Jan 26 97 Deo 97% Mar Jan 98 Deo 98 Deo Deo 39% July 26 96% Mar 22 85% Mar 85% 9 33% Jun 47 91 Jan 100 5 Jun 11% Jan 8 Jan 105 29 6% Jun 79 103 10 Jan 27 82% Jun 118 Jan 15% Jan 20 Dec 16% July 27 113% Jun 118 Feb 114% Sep 12 Xl03% May 26 * 26 Dec 23% July 32% Jan "28 Nov 33% 25% Jun 14% " Jan 19% July 7 27% Jan 26 25% Jun Apr 33% Oct Mar 45 Jun 12 Jun 25% , 32 4 10 Vertientes-Camaguey Sugar Co_.6% 15% 15% 15% 27 27 27% Vicks Shreve & Pacific Ry com—100 5% non-cumulative preferred—100 Victor Chemical Works common 5 3%% preferred 100 9% Oct 5 Va-Carolina Chemical com 6 6% div partic preferred Virginia Elec & Power Co com 106 Oct 30 Oct 21 32% Sep 26 X30% Oct 37% Apr 22% Sep 13 11 36 13 1 May 17 63 Oct 13 14% Jan 10 28% 15% 27 2.50 23 22 Mar 23 117% Aug 25 106 Sep 5 30% Vick Chemical Co— Jan 101 -7 31% Jan Apr May July 12 51% May 19 July 17 Sep 27 28 18 30 17% July 11 28% Oct 18 par 2.50 Van Raalte Co Inc $5 preferred preferred Wabash 7% 8 *99% 10 [ (The) Vulcan Detinning Co *100 100 — Visking Corp 19% 101% *100 8% 8 100% 99 187/8 19% 117 105 *103% 29% *29 105% 44% 101% 7% *100 7% 98% 19% 29% *103% 105 29% 30 30% 30 29% 30 29% 29% 29% *29% 31% 32% 31% 18% 18% preferred—100 *60 18% 18% 19% 32% *32 32% 116 *103% *29 29% *32 *100 8% *98 13% 116 *103% 29 *29% 28% 32% 104% 30 30 29% 18% *102% 45% 19% 30 *31% 32% 15% 26% *102% 116 30 30 .13 33 98 18% 105 29% 31% *32 97 116% 31% 20 7% 19 *116 29% 30 *100 98% 18% . 116 116 *102% *102% 44% 104 *102% 44% 8% 100 - 26% *102% 101% *1037/s 10 new 45 *116 5 preferred 105% 45 100 100 25 25 25 __ *102% 104 *102% 105% 44% 45% 104 *102% No par $4.04 dividend preferred Va Iron Coal & Coke 4% pfd Virginian Ry Co common 6% *102% 29 13 32% 15% 32% *32 61% 18% 18% 18% 33 *60 *32 33 3,100 2,400 62 13% 13% 29 29 49% 50 7% 7% 17% 18% *104% 104% 13 13% *26% 27% 22% 22% 18% 33 29% 12% 13 33 33% 15% 15% 26% 27% *102% 104 *102% 105% *45% 45% *100 101 8 8% 98% 99 19 19% *116 116% *103% 104% 29 29 *30 30% 29% 29% 32% 32% 18% 18% *32 33 300 1,400 2,000 10,000 4.500 2,200 150 58,900 1,900 3,600 3,800 1,700 7,300 1,300 8,900 80 600 500 2,500 1,G00 2,040 W 48 Apr 24 12 Jun Jun 60% Jan 14% Sep 31% Nov 21% Jun 33 Dec 31 6% Jun 13 49% 49% 49% Oct 13 4 Walworth 1 Ward Baking Co common (Hiram) Sep 16% Jan 19 5%% 24 Warner 6 24% Oct 18 24 % Jan 28 27% Jun 8 -12% Jun. 30 15% Aug s Jan 16 11% Jun 14% 16% Feb 24% Dec 18 Apr 17% Nov 11% July 13 Sep 27% Sep 14% Jan 22% Oct 25% Dec 13 28 Jun 27 19 11 4 Jan 12% Apr Dec Jan 17 44% July 14 107 July 19 share $ per Feb 8% Dec 32% May 8% Feb 41 % Dec 16% Dec 21 Sep 33% 20 Jun 30 53% Jun 70% Nov 5 13 May 21% . Jun 20% May 98% Feb . $ per 21% 102 Jun Mar 24 26 14% 14% 14% *21 21% 21 21 14 14% 14 14% [—5 6% 6% 6% 6% 6% 6% 6% 6% 30% May 31 88% Sep 25 Wesson Oil & Snowdrift com—2.50 29% 29% 29% 297/a 29% 29% 28% 29% 85 85 85 86% 86 86 86 86 85 14 West Indies Sugar Corp- 1 27% 27% 27% 27% 27% 27% 27 27% 27 27% 14 4 23% 24 23% 24% 23 23% 23% 23% 23% 23% 24% 24% 111% Sep 26 Webster Tobacco $4 convertible 109% Mar 24 18 ' Sep 13 68% Sep 18 110% May 13 Penn Power *105 105% *106 107 5 *17 West Va Pulp & Paper com—No par 4%% preferred 13 41% Sep 22 33 V2 Oct 24 29%.July 13 36 104 Aug Jun 23 102% Sep 22 22% Feb 16 105% Feb 18 112 118 32 Oct 24 94 Oct 19 41 Feb 27 Jan 32% Dec 30% July 12 25% Nov 2 Feb- 34 Dec 33% Jan 12 14% Dec 12% Feb 15 7% Jan 5% Jan 3 57% Dec 49 % May 12 Weston Electric 25 23% Aug 8 54% Oct' 13 25% Nov 2 35% May 23 17% May 26 9% Oct 18 $5 conv White Not 137 11% Jun s59% 65 10 July 25 , 18% Deo _ 142 16% July 12 Woodward Iron Co 6% preferred Nopar Dee 16 19% Jun 30% Dee 27 13 Jun 12% Jan 30% May 39% Jan 16% Jun 28% NOT Jan July 13 36 July 14 24% July 17 473/4 Oct 31 "*""•*9'% £ Feb 14% Jan 33% Dee 4% Oe* 11% Jan 3 36% Nov 1 14% May 19 43 % May 29 373/4 Oct 20 53% Oct 6 19% Oct 18 31% Jan. 13, ..-70%.Apr 14 Spechif sales. ^Wlieni 27 " - Apr 22 9% 3,600 2.300 16% 16% 16% 9.700 *31% 32% *31% 32% 300 41 *42 43 42% 42% 1,100 84 *84 84% 84'A 84% 1,200 31% 31% 31% 32 43% x41% 41% 39 40% 40% 88 *85 86% 84 84 . 39 36% 38 % 37 % 38 % 38 Vb 38% 38% 39% 32 % 31 31% 30% 31% 31% 31% 31% 31% 15,500 32% 33% 32 32% 32% 32% 33 Vs 33% 33% 33% 39.000 *103% 104% 104 104 30% 30 *120% 104 *103% 104 30% 30% 30% 29% 29% 123 % *120% 123 Va *120% *103% 123% *30 *120% 31 Va 104 104% 700 900 30% 30% 30% '120% 123% 30% 31 % 31 32% 30% 31% 30% 31% 93% 93% 92'% 93 92 % 92 % *91 91% 91 91 % 303/b 29% 29 % 29% 29 29 *29 30% *29 30% 1,100 22 21 22 20% 29% 21% 21% 21% 21% 4.8O0 48 Va 49 % 3.300 48% 49 *35 15% 15 8% 8% 15 % 66 14% 65% 68 15% 14% 10 11% *11% 11% 11% 17% 18 18 17% 17% *87 67 8% 50'A *65% 50'A 50 51 25% 25 Va 25% 35% 35 35 15% 15% 15% 15% 6,000 8% 15 8% 8% 8% 8% 21,700 66 67 66 900 14% 15 10,400 87 87 11% 11% 11% 11% 17% 17% 17% 17% *87 11% *11% 11% 18 xl7% 17% *137 *65 66 *137 139 139 *137 139 *137 10 40 40 40 46 46% 21% 21% 21 74 % 74% 88% *74 76 76 *74% *88 88% 88 88 88 88 88% *87 88 88 88 88 88 88% 88 88 % *79 81 12% *86% 79% *137 88% 45% 139 *137 40% 46% 139 40 40 200 15% 15 88 14% 800 88 15 *87 15 88 440 21% *35 21% 20,800 25'A 35% 15% 31% 21% 25 35% *35 :_10 100 ' 500 10,300 139 40% 40% 40% 40% 40% 1;700 45%" 45% 45 Ye 46% 45% 46% 14,300 21% 21% 22% 8,100 75 75% 240 89 370 88% 88% 200 81 79% 80 1,300 12% 12% 12% 3,100 36'A 35% 35% 5,900 39% 45%- 46% 21 21% 21% 75% *74% ' 88% > • 12% 21% *74 80% 78 79 80 12% 12% 12% 12% 12 3/8 36 36 35% *79 80 12% 21% 12% 22% 76 *88 * Yale <fc Towne Mfg Co 25 York Corp common 1 4%% convertible preferred— Young (L A) Spring & Wire-No Youngstown Sheet & Tube No Youngstown Steel Door No Zenith Radio Corp 31,900 94 32% 88 Nopar, Zonite Products Corp. 104 123% 10 • Shares 16 9(8 31% 15 Prior preferred 4%% 1*1 9% the Week 16 Va 33 *87 Worthington Pump & Machinery July 11 Sales for Nov. 3 $ per share 10 *31 88 5 10/a Feb 10 Fridav Nov. 2 —100 Common 2,600 48 33% *87 *11% i 65 112 *110 22 -Nopar Woolworth. (F W)-Co^ ' " 9% 16 67% .3 65% 112 46% 16% 67% 15 l,8b0 16% 64% 37% 30% No par 13 17 ; 1J0 47 15% 8% Jun -4~ 47 16% 8% j—---—- 17% S per share 9% 16 8% Co lp.0 107 46% 9% 16% 8% Wisconsin Blec Power Co com 105% 6,600 83% 9% 46 Willys-Overland Motors common—1 common 105% *106 Thursday $ per share 46% 15% $4<25 preferred 25 111% 11,400 *111% PRICES Wednesday Nov. 1 $ per share 9% *110 46 *120% 123% Nopar July 10 7 65 112 47% 15% Wilson-Jones SALE 17% /'''65% *110 47% 15% Inc HIGH 65 • 47% 15% pfd series A ' Oct. 31 $ per share 934 AND » . Tuesday Oct. 30 5 Co 65 112 *24% Wyandqtte Worsted Co 79 Monday 34% conv 65 16% 16% 17 *110 , 110% 50 Wrigley (Wm) Jr (Del) Deo 1.20% July, 66 xll0% 34% 16 4 10% Jun 66 18%; 49% 89% Apr 13 Jan 12% Oct 8 17 500 5,700 23% 24% 107 17 3,600 105'/a *106 35% £uly?5 July 18 8% Feb *105 107 50% ; 3 69 74 89 105% *106 — series 100 Prior pfd 4%% conv series 100 Wright Aeronautical No par Oct Nor 82 *105 107 29 85% 27% 23% *84% 26% 33% 104 1 23% Aug 28 77 Sep 22 89% Sep 18 91 Oct 11 72 Feb 105% *106 50% !. 45% Sep 51 Feb , 76 Feb *105 107 *34% $4.50 Jun 68 105 1 Wilson & Feb 66 105 3,800 5,200 32% 32% common 111% 400 7 39 94 *29% ; 24% 112 112 • 14% 33 12.50 . 10 24% 24% 111 14%21% 14% 6% 28% 29 *106 20 18 12 Sep 21 22% Feb 25 24% 111 *21 14% 6% 32 % * , 25% 111% 14% 21% 600 7,300 400 1,300 26 38% No par com Sewing Machine 24 July 18 43 *86 prior preference—No par —20 "When issued" Oct 32% Jan ,,49% July Instrument Prior preference Wilcox Oil Co SeP 22 9%Jiilyll 43% _100 White Dental Mfg CThe S S) White Motor Co 69% Oct 16% July 13 *33 —No par 100 com preferred series B 16 Jan Nov 3.80% 91 21% Deo 16% Western Union Teleg class A_No par Westinghouse Air Brake No par Westinghouse Electric com 12 Va 27 Jun 5 Ry com 100 2nd preferred—100 "J4? -5 12% Dec 79% Nov 9% *47 Maryland Wheeling Steel Corp 3 18% 1 10 Oct 25 28% I per,share Wheeling & Lake Erie Ry——100 Jan 33 Western Air Lines Inc Western Auto Supply Co Western 14% LOW Aug 15 26% July 15 15% Feb 8 Deo 35 24% *111 Oct. 28 Par 19% Jan 6 24% July 13 140 17/% 66% 111 . Saturday $ per share Dec 16% Sep *110 STOCK Preferred series A Jun Jun 66% 100 24 12% - 25 100 Oct < 22 111% 100 89 Jun *110% preferred series B—: preferred series C West Virginia Coal k Coke 27 10 24% 100 EXCHANGE 30 /4 Oct *44 No par pfd $4.10% 64% Jun Jun 14% $4.20 19 81 .V 4%% NEW Y ORK 33 13% preferred—No par «Oct Jan 14% Jan 128 Jan Inc 47 Dec 26 86 28% Sep 25% Sep 8 3 Feb 20 < 14% Jan Dec 26. 15% 28 Jun 21% *25% 21% Jan 89% 87/8 20% 25% 14% 4% non-cum Western Pacific RR 70 22 25% 14% 38% Oct 32% * 20% 25% 21% 3 July 7% May Jun x42% Jun 22% 25% 15% July 23% Mar 4% 22 26% 22 27 <• * 22% *104% 13 27 21% *25% 14% *21 14% 6% 28% 13% 27 15% Dec i 71 13 26% 14% 10% Aug 4 51% Apr 25 22% Oct 6 Dec 13% 27 *21% 37% July 26 12 % July 5 26% Jan 13 27 1 34% Jan 115 13 27% , 5 share 7% Jun * 13 27% 5 11 Range Since Jan. 1 Highest share 104%, 13% 49% 8 18% 105 13% 27 22% 26 14% Waukesha Motor. Co—J—•___ 3 Jan 17% Mar 16 Lowest Highest 7% 17% 104% 104% 28 *27% STOCKS Year 194# $ per 104% 105 48 % 17% Wayne Knitting Mills Wayne Pump Co 24 Range for Previous Lowest 104% 13% 29% 7% 7% 18 *60 62 13 *29 47% 7% 17% 47% 49 7% 17% *60 13% 29% 22% par 7 105% Oct 104% Oct 47% 8% 18% 7% 18 62 13 *28% *25% 3 Washington Gas Light Co—No 109% Feb Jan Dec 105% 13 par West 108 105% 5 No 25 108% 8% 100 60 18% _ 13 Sep 7% 18% Pictures 27% Feb 104% 49% 1 Warren Foundry & Pipe Warren Petroleum Corp 114% Jun 115 50% preferred Bros 62 2,50 West Kentucky Coal CoWest Penn Electric Co Apr 108% 10i G&W Co 18% Apr 15 21 % July 13 110% Oct 27 107 17% Nov 27 83% Feb 23% Jan .16% Jun 24% Jan Jan 84% Dec ;>6% Jun July 13 5 6% Oct July May No par 52 38% Feb Jan 25% Jun Walker No 9% Apr 19% Feb 11% July 12 22% 104 28% 24% July 18 15% Feb 14 25% Dec 101% May 12% Dec 13% 28% 97 Jun Jun *13% 28% Dec Jun 78 13% 28% Deo 14 xl9% 13% 29% Dec 23% Jan 13% *28% 16% Jun 3% *13% 30% Jan ■11% *60 par No par 4 101 % Jun 9% 18% v 60 Waldorf System Walgreen Co common— Feb 14% July 14 x87% 4%% 32 Deo 17% * Jan 6% July 13 9% Jan Jun xl2 26 27% July 17 RR 50 36 Vs 11% *41 36% 36% 113/8 11% 41% 41% 11% 41% 36% 11% 11 36% 11% x36 10% 11% 11% 10% 11 *40% 41% 39% 40 *39% 40% 39% 40 34% 473/4 35% 35% 35% 35 % 353/4 49% 483/4 49% 48% 49% 17% 18 18 18% 173A 18 Vs par 35% 36 % 36 36% 35 par 50 50% 48 51% 47% 35% 493A par I8V2 I8V2 18% 18% 17% 18% .—No par ——1 52 Vs 53 51% 53% 50% 52 4% 4% 4% 4% 4%, ^ wceivership, or petition has been filed for company's reorganization, 4% a Deferred delivery. ^ 50% 52% 51% 4% 4% 4% bName changed from 600 ;il%" 52u;t^^3.800 52% 4% 3,600 2,800 22,500 5,000 . Paraffine'bos* Inc"! if Cash sale. Volume 172 Number 4957 . . Commercial and Financial Chronicle The . Bond Record (1751) New York Stock Exchange ecu FRIDAY The italic letters in the column - headed WEEKLY "Interest YEARLY - Period" indicate in each case the month when the bonds mature. Figures after decimal point represent one or more 32d of a point. tOW Range for Previous GOVERNMENT Year 1D49 Lowest Range Since Jan. 1 Lowest Highest 103.28 Dec 103.28.Dec 101.30 Sep 108.13 Jan 108.13 108.4 Highest May 11 EXCHANGE 101.30 Sep 1 111.10 May — 110.23 Mar 102.31 Jan 102.31 Jan 104.8 Feb 104.9 Feb 102.1 Mar 104.15 Oct II 103.8 July 103.8 July 108.4 11 May Treasury Treasury Treasury Treasury 111.10 May 1 ZZZZZ 103.2 103.19 25 102.14 Apr 25 Aug Jan 102.19 Apr 102.14 Apr Jun Feb Dec 100.28 jun 103 25 __ 100.25 Oct 100.25 Aug 100.29 31 Octll 102.30 Feb 105.4 Jan 102.30 Sep 102.18 Feb 100.17 Feb 101.3 Jun 101.5 101.8 Jan 101.8 102.23 Sep" 15 Feb~24 Aug 100.13 Jan 1 102.18 Feb 103.9 July 17 100.29 Aug 11 101.18 Feb 101.18 1 9 Jan 2%s 2%s 2%s 1956-1959 2%s 2%s 2,/aS 2%s 2Yas 21/as 1952-1954 1956-1958 2%s 21/as 2%s 2%s 2%s 2%s 2%s Jun 1967-1972 Sep 1967-1972 Dec 1967-1972 *103.13 103.15 *100.26 100.28 1951-1953 *101.9 Jun 1959-1962 -Dec 1959-1962 100.31 July 28 1955-1960 Feb 1958-1963 1960-1965 103.18 Dec 102.20 Oct 103.20 Jun 9 8 25-year *101.6 *103.23 *102.19 *101.28 *101.14 *101.8 1962-1967 _1963-1968 .—Jun 1964-1969 _Dec 1964-1969 101.8 103.25 102.21 101.30 101.16 101.10 *101.5 *101.2 101.7 101.4 *100.26 100.28 1965-1970 1966-1971 Low Low High Sales for Nov. 3 Nov. 2 Nov. 1 High Friday Thursday Wednesday Low High the Week Bonds ($> High *101.20 101.22 *101.21 101.23 <101.20 101.22 *101.20 *106.31 107.2 *107.1 107.4 *107.1 107.4 *107.1 107.4 *101 101.2 *101 101.2 *101 101.2 *101 101.2 *108.9 108.12 *108.10 108.13 *108.10 108.13 *108.10 108.13 *110.15 110.18 *110.18 110.21 *110.18 110.21 *110.15 110.18 *113.8 101.23 107.3 101.3 108.15 110.21 113.11 *113.5 113.8 *113.4 113.7 *113.4 113.7 *113.1 113.4 *101.7 *103.23 *102.19 *101.28 *101.13 *101.8 101.9 103.25 102.21 101.30 101.15 101.10 *101.7 101.9 *101.8 101.10 *101.8 101.10 *101.7 101.9 *101.4 *101.1 *100.26 *103.12 *100:26 *101.9 101.6 101.3 100.28 103.14 100.28 101.11 101.22 *103.24 103.26 *103.26 103.28 *103.26 103.28 *103.23 103.25 *102.17 102.19 *102.16 102.18 *102.16 102.18 *102.15 102.17 *101.27 101.29 *101.27 101.29 *101.26 101.28 *101.25 101.27 *101.13 101.15 *101.13 101.15 *101.12 101.14 *101.11 101.13 *101.7 101.9 *101.7 101.9 *101.6 101.8 *101.5 101.7 *101.3 101.5 *101.3 101.5 <101.2 101.4 *l6l.l 101.3 *101 101.2 *101 101.3 *101 101.2 *100.31 100.25 100.26 *100.26 100.28 *100.26 100.28 *100.26 100.28 *103.14 103.16 *103.16 103.18 *i03.16 103.18 *103.15 103.17 101.1 100.25 100.26 *100.26 100.28 *100.26 100.28 *100.26 100.28 *101.8 101.10 *101.8 101.10 *101.8 101.10 *101.8 *100.31 101.1 *100.31 101.1 ♦101 101.2 *101 103.27 102.25 100.24 100.24 100.15 *103.23 103.26 *103.22 103.25 *103.22 103.25 *103.22 103.25 *102.24 102.26 *102.26 102.28 <102.26 102.28 *102.23 102.25 *100.22 100.24 *100.22 100.24 *100.22 100.24 *100.20 100.22 *100.22 100.24 *100.22 100.24 *100.22 100.24 *100.20 100.22 1951-1953 *103.24 *102.23 *100.22 *100.22 *100.13 *100.13 100.15 *100.13 100.14 *100.13 100.14 *100.13 100.14 1951-1955 *100.15 100.17 100.17 *100.15 100.17 *100.15 100.17 *100.15 100.17 1952-1954 *100.18 100.20 *100.19 100.21 *100.19 100.21 *100.20 10021 —Dec 1952-1954 *100.22 100.24 100.17 100.21 100.25 102.6 100.2 *100.15 —Jun *100.15 *100.19 *100.23 *102.3 *100 *100.23 100.25 *100.23 100.25 *100.24 100.26 *100.24 100.26 *102.3 102.6 *102.2 102.5 *102.2 102 5 *102.2 102.5 *100 100.2 *100 100.1 100.1 *100 100.1 *102.20 102.28 *102.20 102.28 *102.20 102.28 *102.20 102.28 *102.20 102.28 * 100.16 *100.16 101 *100.16 101 *100.16 101 *100.16 101 *100.16 101 *100.12 100.28 *100.12 100.28 *100.12 100.28 *100.12 100.28 *100.12 100.28 *100.8 100.24 *100.8 100.24 *100.8 100.21 *100.8 100.24 *100.8 100.24 1954-1956 ' *103.24 *102.23 1956-1959 *100.23 -1953-1955 *102.3 102.6 *100 1950 Bank 100.2 100 *110.19 100.21 for Development 3s 1972 2s serials of '50 duo Feb 15 1953 2s serials of '50 due Feb 15 1954 101 \ *100.12 100.28 2s serials of '50 due Feb 15 1955 * 100.8 100.24 102.24 102.24 2s serials of '50 due Feb 15 1956 *99.12 99.28 *99.12 99.28 *99.12 99.28 *99.12 99.28 *99.12 99.28 *99.12 *98.16 99.16 *98.16 99.16 *98,16 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 2s serials of '50 due Feb 15 1958 *98 99 *98 99 *98 99 *98 99 *98 99 *98 99 2s serials of'50 due Feb 15 1959 *97.4 98.4 *97.4 98.4 *97.4 98.4 *97.4 98.4 *97.4 98.4 *97.4 98.4 *96.16 97.16 *96.16 97.16 *96.16 97.16 *96.16 97.16 *96.16 97.1G *96.16 97.16 *96 97 *96 97 *96 97 *96 97 *96 97 *96 97 *95.16 96.16 *95.16 96.16 *95.16 96.16 *95.16 96.16 *95.16 96.16 *95.16 96.16 -2s serials of '50 due Feb 15 1960 2s serials of '50 due Feb 15 1961 •Bid and asked price. 96.24 Mar 23 No sales transacted this . 2s serials of '50 due Feb 15 1962 day. a Odd lot transaction, r Registered bond transaction. RANGE FOR WEEK ENDED Friday BONDS Interest Last Period Sale Price New York Stock Exchange York Friday Bonds Jan. 1. No. High, Low Corporate Stock Last Period New York Stock Exchange Sale Price or Bonds Friday's High 69% 3%s series-No. .June-Dec 115% 23 115Ji 116 108 9 June-Dec *71% 10 June-Dec *71% — 73 — 11 Ya —— 3%s series No. 11 June-Dec *71% 3%s series No. 12 June-Dec *71% 3%s series No. 13 June-Dec 3%s series No. 14 15 June-Dec *71% 16 June-Dec *71% 67% — 72 June-Dec High80 79% 63% 78 66% 1 78 66 *71% 3%s series No. 3%s series No. ft 116'/a Jan. 1 Low No. 3%s series No. 1980- Range Since Sold Bid & Asked Low High City Transit Unification Issue— 3% Interest BONDS Range Since Sold Friday's Bid & Asked Low New NOVEMBER 3 Week's Range or 1,000 99.28 2s serials of '50 due Feb 15 1957 96.24 Mar 23 585,000 101.2 103.27 102.25 100.25 *100.22 100.24 *100.13 100.15 950,000 101.10 *}00.31 101.1 101.11 *100.31 101.1 1952-1955 Reconstruction & Jan *107.1 1951-1954 Treasury 2s Treasury 2s__ Treasury 2S Treasury 2s___ Treasury l»/as International 99.11 *101.21 *107 *101.1 *108.12 *110.18 Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s, Treasury 2s __ 102.19 Apr 25 100.18 *101.21 101.23 107.4 *101.1 101.3 *108.12 108.15 *110.18 110.21 *113.8 113.11 1951-1955 Low High Low 3s 27/aS 2%s Treasury __ 101.7 High Treasury Treasury Treasury Treasury Treasury Treasury Treasury 1 __ 101.13 Low PRICES HIGH SALE Oct. 31 Oct. 30 Treasury Treasury Treasury Treasury Treasury Treasury 1 110.23 Mar Feb Oct. 28 AND Tuesday Monday Saturday Treasury Jan 101.12 BONDS NEW YORK STOCK 78 63% 77 64% 75% 65 72 75 —— 75 68% *71% 78 3%s series No. June-Dec 18 June-Dec 65% 77 3%s series Foreign Securities 17 3%s series No. 19 June-Dec *71% 64% 75 June-Dec *71% 67 76% 70 80 65% 78% 3%s No. 72 23 June-Dec *71% 75 series No. 24 June-Dec *71% —— series No. 25 June-Dec *71% series 26 June-Dec *71% 3%s series No. 27 —June-Dec *71% 3%s series No. 28 June-Dec *71% 3%s series No. Teletype NY 1-1693 No. 3%s Broadway, New York *71% *71% 29 June-Dec *71% 3%s 120 June-Dec June-Dec 3%s Members New York Stock Exchange 21 3%s Telephone 20 22 3%s series REctor 2-2300 series No. 3%s series No. 3%s series No. Wertheim & Co. 30 June-Dec *71% series No. No. Brisbane (City) sinking fund 5s 1957 Sinking fund gold 5s 1958 Foreign Government and Municipal Caldas (Dept of) 30-yr 3s s Canada (Dominion of) 3Vis Agricultural Mortgage Bank (Colombia) — sinking fund 6s 1947 Feb-Aug AGuaranteed sinking fund 6s 1948 Aprii-Oct Akershus "Kingdom of Norway) 4s 1968 Mar-Sept lAAntioquia (Dcpt) collateral 7s A 1945 Jan-July JAExternal sinking fund 7s ser B 1945 Jan-July SAExteraal sinking fund 7s ser C 1945 Jan-July § AExternal sinking fund 7s ser D 1945—Jan-July AExtercal sinking fund 7s 1st ser* 1957_Aprii-Oct A External sec sink fd 7s 2nd ser 1957_April-Ocf AExternal sec sink fd 7s 3rd ser 1957_April-Oct 30-year 3s s f $ bonds 1978 Jan-July SAGuaranteed Antwerp Australia (City) external 5s 1958 "Commonwealth) 5s 1955 10-year 3 Us 1956 10-year 3%s 1957 20-year 31 is 1967 20-year 3 Us 1966 15-year 33as 1962. Belgium (Kingdom of) 6s 1955 Externa: sinking fund 7s 1955 — — 71% 2%s 1974 2%s 1975 A Carlsbad (City) 8s 1954 Cauca VaKDept of) 30-yr 3s 94% 4 85% 97% 55% 2 46% 55% • 46% 53% 46% 55% 47 55% *55 *55 ; —— 55 *55 ■ —- — —. 55 1 —— 46% *55 39% 46% AExternal 33% 40% A 8s 55% 14 55 39% lAChlle (Republic) 5A7s assented 55% 1 55 — s f 7s — — 63% —- — — «... 71 76% 74 64% — (U S of) external 8s 78 78 65 78 100% 101 11 98 104% 101% 102% 18 97 104% 39% 5 105 104'/8 105% 15 102% 100% 101 16 100'A 103 5 100% 101% 39 33% A6s. 1942 Feb 60 39% 35 40% 51 51 36% 51 — 1942—.May-Nop May-Nop April-Oct *37% 28 Ya 37% *51 36% 51% 36% 37% 28% 38 50 50 36% 36% 38 28% 38 36% 51 1960 sinking fund assented 58 39% April-Oct external sinking fund 6s 1960 assented AExternal , 100% 100% *58% 6s Feb 1961 Feb-Aug 1961 __Feb-Aug 95% Feb-Aug 95% — 100 3 98 104% ARy external sinking fund 6s Jan 1961— Jan-July A6s assented Jan 1961 Jan-July 102 102% 79 96 104 AExternal 45% 50% 18 87 1961—Mar-Sepf Mar-Sepf April-Ocf April-Ocf May-Nov *51 96% *37% 28% 38% 95% — *51 46% *37% 28 37% *51 39 49 May-Nov 38 28% 38 98% 97% 96 16 95 95% 82 87 97% 95% 95% 25 83 98% 94% 87 Ya — 95% 134 84% 96% 106% 106% Jan-July Stamped pursuant to Plan A reduced to AExterral s Stamped 16 102% 110% 110% 107% A 6s sinking fund 6s assented Sept 1961 AExternal A 6s sinking fund 6s 1962 assented AExternal Sept 1962—_ sinking fund 6s 1963 37% 28% 37% 38 108% 12 s to f to due Plan 3.375 %) 6%s of Stamped pursuant reduced 1926 to 116% Plan 3.375% 1 1957 1957 reduced 6% to 3.5%) funding bonds of • to A A 6s assented 1963— April-Ocf June-Dec 1978 June-Dec 2 June-Dec 3 June-Dec No. 4 June-Dec 3%e series Noi -8 see 70 73 86 62 5 52% 65 84% 84-% 2 73 85 62 % — *81 63 —— „. page 27 For Financial Inetitutione FOREIGN SECURITIES 65 76 9 54 71% 70 87 % 81 FIRM TRADING MARKETS 90 11V* 63% 12% — — 6 r?ABL MARKS & r?Q. INC • *61 77 76 *73 74 77 18 75 85% 77 73% 74 6 65 % FOREIGN SECURITIES SPECIALISTS 73% 1 65 Ya 77 65% 79% 67% St., New York 4, N. Y. 83% 70% 50 Broad 77 73% 80 June-Dec ^erles No. 5 Por.Icotnotqs 5 61% — June-Dec No. series 7 85 — series 3%s 91% 61% — April-Ocf 3%s -2Y<£ series No. 85 (Interest 3%s . __ 65 1931 due 1951 to Plan A 3.375%) 1979 No. *63 (interest 1979 External dollar bonds of 1944 (Plan B) 3%s series No. 1 3%s series — 75 54 ( (interest Stamped pursuant reduced April-Ocf A A 7s (Central Ry) 1952 Stamped pursuant to Plan April Ocf April-Ocf June-Dec due \ *81 (interest 1979 1927 to A — (interest 1978 6%s of pursuant reduced AExternal f 3.5%) 50 *51 96% June-Dec June-Dec 40% 107% 100 102% June-Dec 1941 78 65 66 —- ' lABrazll 76% 64 68 — 63 101 % Mar-Sepf Mar-Sepf Jan-July f $ bds 1978_Jan-JuIy s • 55 46% Mar-Sept Feb-Aug f $ nonds 1978_Jan-JuIy 1961 Jan-July 25-year 25-year 79 94% 55% *60 ' 94% —— June-Dec June-Dee 80% ' June-Dec Jan-July Feb-Aup 75 *60 1 72 *73 June-Dec *71s/8 June-Dec *71% __ — Teletype NY 1-971 Telephone HAnover 2-0050 1 d> ^ . u " -j. 37% 50 23 The Commercial and Financial Chronicle (1752) 24 . Monday, November 6, 1950 . . NEW YORK BOND RECORD RANGE FOR WEEK ENDED NOVEMBER 3 Week's Range Friday Interest Exchange Last Period BONDS New York Stock Sale Price or Friday's Bid & Asked Low Chile (Republic) A Chile AQuaranteed sinking fund 6s assented Mar-Sept 1928 Oct A6S of 1027 Jan 51 28% 38 3% 7 June-Dec 78% 90 6 ' — 6 May-No® Feb-Aug June-Dec Afap-Nov 25-year gold 4%s 1953(Republic of) 7s 1951 4y2s external 1977 May-No® June-Dec (Republic of) 2 48% 21 79% 78 74 75% 31% 31% 32% 23 19% 108 Chechoslovakia (State)— 33% 114 4s extl (Republic of) dollar f dollar bonds Jan Alstonla Creek 45 7 85 97'% 81 80% 81 36 70 92 y4 Valle bonds Jan bonds Jan Jan-July Jan-July 1 1976 1976 1 *75 Jan-July 1976 1 *54% 60% paid Molsingfors 7s 1967 8% Jan-Juip 1964 See 9 external 6y2s Irish Free State extl sink I960 fund 5s *71 A4 % Public Great 6% 13% Alabama Power 17 6% 117a Albany AExternal 37 7s 1% 3% 38 v 75 103 30% 48 31 35% 58 f $ s €0% 60% April-Oct 17 ey2s June-Dec bonds 7s 1957 1954 *55 1978 Jan-July 39% 39% 41% 62 41% 62 2%s 71 2%s IA 5s of 1899 due 2%s debentures 46% 553/a 27/as debentures 39% 34% 40% ~5% 8% ^/» 3s I 111coi Quar-Jan A ASmall agreem't) ASmall ABs , assented new (1942 agree't) *13% ASmall A4s |A4s assented agreement) new of 10 15% 11 *13 1904 (1922 15 *13% 1963—Jan-July ALarge A4s of assented 1010 — 9% 9% 1968—Jan-July (1942 agree't) (assented to 1922 5% new 12% 7% 12% A0s 1913 (assented to assented (1942 11% (City of) 6y2s (State) reduced agree't) to *16% 12 __ 2.125%) 2008 A 11% 47 to Plan A *35% Mar-Sept pursuant to Plan reduced to 2.125%) 102 May-Nov (Republic of) extl external 7s f s A 6s 1st 1959 series 1960 , lAStablllzation loan sink fund assented 1968 AExternal sinking fund A4%s assented 1963 7s Alegre (City of)— stamped pursuant 1961 Janeiro Stamped to Plan to 2.375% ) 102% 89% 100 6y2s |A8s external loan of Feb-Aug ApriZ-Oct 94% 94% 10 92% April-Oct 98 100 % 103 % 108 % 121% 105% 120% 120 206 115% 130% 98 99% 101% ipo 120% 99% 100 107% 102% 102% 102% 44 101% 104% 103% 103% 103% 45 103 1057a 87 87 87 *75 93 5 76% 87 80 90 126% 125% 126'/a 55 125% 131% 119 119 10 119 121 Va 119 4s July 1952—Mar-Sept 1964 June-Dec Mar-Sept ' ■' 105% 105% 1 102% 105 Va 102 % 1021/4 102% 49 102 Va 104 Va 105 104 Va 105 33 101 % 108 105 105 4 102% 105% 100 Va 101 ' —— Jan-July 16 100% 102 3/4 pursuant to 2.5%) 1921 to A Plan 2.375%) 55 76% 55 76 17 54% 75% 86 Va page A gold 27 and general and (3%% Toledo mortgage 3%% due J Like P% contingentDec 1991 1 2010 dlv first 1st Bell 104 Bethlehem 88% 99 J and mtge 4%s Beech 99% Creek ref 105 44 Pa 37% 31 - 31 3 22% 22 31% 11 22% 32 6% 8% 5% 8% 14 13 14 6% 5 6% 2 D 65% 207 43 Va 63 '/a 90% 89 90% 36 81 92 82% 83% 55 83 83 94 % 95% 17 94% U 100 V4 117% 118% 7 117% 122 Va A 1985_Jan-July 15% 2 10 9% A CO — Jan-July 37% 31% 36% — 36% 1 37% 40% 2 32 38 A Lown mortgage 2%s First 1951 C 2%s ..Jan-July ApriZ-Oct I960—_April-Ocl mortgage Maine 3s debs 1961_May-Nov 1970 J series series I 1976 Jan-July May-No® K series __ — *55 Feb-Aug 39% 48 55% 3 33% General 100 — .. *98% — 1979 .Jan-July r-f 0 0 -vCC 99 Mar-Sept ■ debentures 27/aS 81 81 5 82 6 *102 % 103 *751% 5 42% 31% April-Oct 37% — 47% 48 — CO 34% 57% 57% 2 — 77 *4 77 1968 June-Dec (interest June-Dec — *46% 5 — Jan-July *34% — *52 % 42 — 39% — 54 61% Canada 38 y8 46% 40 *54% 4 58 0 *54% 1960 Electric Power Southern 43% 50% 38% first Power 3Ves consol National 80 7 673/a 55% 57 77% 33 69% 19 44 58% 59 59 _ 103 83 102 Va 103% 10 103 2 102 6 99 80 104'/a 104% 99 V2 99V2 99% 105 % 103 Va „ 73,/8 11 105 73% *102 ApriZ-Oct 73 102% 105 80 ■ 100% 61 106 103 % 76 %4 101% ~1 105 *105 102 Va ' —« 100% 101 — 105Va Vs. 97 1021/4 105 April-Oci 104 — 1976 gtd 5s A 1962 gold Guaranteed gold 103 105 104 105 100 104 »/a 1 June-Dec 102% *104 % May-No® ApriZ-Oct 106 Va — — 102% 103% — 6 Ry— 4%s 4%s 48% 55% Canadian 33% 42% Jan-July 111% June-Dec 111% 112 109 3 21 103% 109% 103 »/2 109% Mar-Sept 1951 4 Feb-Aug 1956 102 % 102 Va 102 >-* O CO -4 103 5 .1^ 8 111% 1.16 Va 109% 114'/a 20 109 114 32 9 102 a 104% 84 93% 94% .7 1 A 105 Capital Airlines, Inc— 34 41% 47 — 3s 1974 gold 4%s 1957 Guaranteed gold 4%s 1955 Pacific conv Ry— debenture stock 61% debs series 4s conv lnc debs series B (perpetual) 1960 Oho Jan-July • Mar-Sepf I960— Mar-Sept 4s Mar-Sepf 1965 100% 101 Va — 61 *105% 108V4 — 97% 106 V4 74 95 83 107 105 Va 108 Carthage & Adirondack Ry— — 57 A Carolina Clinchfield & First — gtd 5s Guaranteed 4% 42 39% — 1952—t Jan-Juiy Buildings California Oregon 30% — (interest May-No® 4s 4s 40 — uav-Nov first 1955 Guaranteed A June-Dec California Canadian 46 105 Va 75 77% 77% 5534 C (Interest 46 102 103% 50 15 — (interest Feb-Aup Co 5s Terminal 100% 102 78% „ 1969—Mar-Sept 1976— mortgage 3s 1980 Terminal 99% 102 Va ' 4s mortgage Consolidated 98 Va 37 104 Va 104 Va May-No® Jan-July Niagara Elec first mtge 2%s 1975_May-Nov Rochester & Pittsburgh Ry— Stamped modified 4%s 1957 May-Nov Bush 96 Va 100 % — 100% 101 Va *100% 101% — mortgage 4%s series JJ 1961__ Brooklyn Union Gas 1st 95 V8 .. 41% — 39% 86% 84 RR— April-Oct First mortgage 4s series RR 1960 Jan-July i Alnc mortgage. 4 y2s series A July 1970_.May-No® ABreda (Ernesto) Co 7s 1954 Feb-Aug Brlstoi-Myers Co 3s debentures 1968 ...April-Oct Bush Jan-July April-Oct 64% 72 4 Buffalo ——June Dec A CO CM Corp— 2%s & 3%s series mortgage series 5s AC 1967 First mortgage 5s series II 1955 * 8% 6% 6% 20 60% 1980_Jan-July First 3-1% 17 Steel first mortgage Consol 38 31 — series 4s 5s Consol 48 30% 6% ser 1976. conv of Consol 99% 30% *7% 5% conting int) M Extension Telephone Boston 6% 80% 59 Va Bangor & Aroostook RR— 100 100 ~6% 79% 60% Virginia— mortgage fixed & 1%% lien 94% *46 Jan-July 80 May May-No® I West & — June-Dec income Feb Erie (2%% .nterest) Cincinnati division First 997a 103 April-Oct 2001 863/4 (interest 1999 (City of) 6Vis 1052 ASao Paulo (City) 8s 1952 Stamped pursuant to Plan see 69 24 71% Beneficial Industrial April-Oct 'ARome For footnotes 72% 72% 701/4 Buffalo t0 2}%%) 2004 to 70% 83 31 95 99 70 3 4 2 30% 82 84% 71% 9 *12 1946 Plan 88 88% 30% 50 24 71% 100 30% 93% 97% 71 Va 2 *35% 92% 96% June-Dec 96% 1947—April-Oct 1950 1995 1 93% 97% Mar-Sept 93% *6% stamped pursuant to Plan (Interest reduced to 2.25% ) 2004 reduced 100% ..Mar-Sept 92% *6 pursuant to Plan A reduced to 2%) 2012 —June-Dec ATs external loan of 1926 due 1966 May-No® Stamped pursuant to Plan A (interest 1967 97% 99% 1996 93% April-Oct Jan-July Stamped • 31 >98% 2000 96% 96% Mar-Sept Mar-Sept 1953 A0s external sinking fund fe 98% 115% - 15 June-Dec 32 „ to Stamped pursuant to Plan A reduced to 2%) 2012 AUo Grande do Sul (State of) — reduced 101 % 105% 1 37 y4 96% 96% 2001 secured Stamped 98% 95 49 268 l B'western 5 95% 2.25%) 2006 (City of) 8s 1946 pursuant reduced AExternal 78 - March A4%s convertible 14 Aprii-Cct Jtoterest reduced to de 96 March Pittsburgh 102 % 97 ApriZ-Oct gold 8s Dec 38% 1 96% April-Oct (interest reduced to 2.375%) 2001 "Vis 1966 stamped pursuant to Plan . 99% 95% due 49 35% Mar-Sept Mar-Sept (interest 2008 lARlo -99 106% 107% 13 May-No® Refunding 4s series A 1980 35% Mar-Sept A loan extl s f 6s 2nd series 1961 «APoland (Republic of) gold 6s 1940 A4%s assented 1958 . 99% 100% 20 May-Nov consol due 33 s tf 99 Va 97% Ry— 1963 4%s A 48 37 (interest to June-Dec External secured ref 3Vis series B 1967—Mar-Sept f APernambuco (State of) 7s 1947 #orto 75 due fixed *48 Municipal Bank extl sink fund 5s 1970—June-Dec (City) sinking fund 4V2s 1955 April-Oct (Republic) — AStamped assented 5s 1963 May-Nov Stamped mod 3%s ext to 1994a A4Vis 99% Series M Series Mar-Sept 1959 Panama - first Series G 61% *48 Mar-Sept Oslo loan 98% Series K 16% 59 (interest External sinking fund 4%s 1965 4s sinking fund external loan 1963 I Vis sinking fund external 1957 ANat 99% 100 >/4 88 280 1% contingent interest) July 1975_April-Oct Refunding and general mortgage 5% (2% fixed and 3% contingent interest)— Ref Plan 2.125%) 2008 Hetherlands (Kingdom) 3%s 1957 Worway (Kingdom of) 4y2s 1956— APeni 106 106% 107% mortgage 4s series A July 1975 April-Oct First mortgage 5% series B (4% fixed 16% 16% *54% -ApriZ-Oct to pursuant Stamped 98% 100% 101% First • 1963—Jan-Juip 1952- ASecured extl sinking fund 6y2s reduced 97% 98 Va 100% ■ 98% Baltimore & Ohio RR— — pursuant Stamped 90 % 109% 110% and *15% Stamped - 12 Jan-July ASecured etl sinking fund 6y2s 1958 * 12 1922 1933 ASmall Mlnas Geraes *,100% 105 , 84 101 99% 9 B 1963—Jan'juiy (1942 agree't) *11% new , . ' 97% . assented IATreasury 6s of A Milan 99% 107 74 2 101% Aprll-Ocf 1995 ..Jan-July ASmall agreement) ASmall 79 104 V4 83/4 ~8% 104% 102% 97% April-Oct mortgage 4%s-4s ser A 1980 Atlantic Refining 2%s debentures 1966 ' A 4s Coast General unified 104 V2 104% 5 - agree¬ ment) . 79 Sl__ Quar-Jan 1966 3%s 7% 10 1954 1945 ASmall 4% — 107% 3s Gen 13% June-Dec mortgage Atlantic 14% '14 to due 1995 4s 10' 7 2 % 110% 1995 July & Charlotte Air Line First 7% 7 Topeka & Santa Fe— Stamped 4s July 1 Atlanta 79 96 April-Oct 4s Products Co 5s General 1945—Quar-Jan ALarge , P W Atchison II |l 82 COMPANIES 107 Feb-Aug 1962__ApriZ-Oct debenture gold 77% June-Dec 1959 1969 first 96 1 June-Dec 1971 debentures 82 105% 105% June-Dec 1957 debentures Arbor 82 92% 93 86 % June-Dec convertible Ann 86 81% — *102% June-Dec 3Vis *7% 1 . 91% *104% ApriZ-Oct debentures Co , 94 82% ' April-Oct 1973 Tobacco 142 Co- 1982 debentures 90% 7% Jan-July convertible 2%s 139% 142 51 100 *5Va 1964—May-No® 2030—_Mar-Sept 1961 debentures American 93% 90 % . June-Dec , 2%s 1943__May-No® 1968—Jan-July — Feb-Aug debentures 9 151 134 % *96 . 1975 Telegraph 3%s 1945 (1922 debentures convertible 60 ALarge |A5s assented & 14 97 150 3 — » debs 1975 14% 4% 90 151 91% 90j/2 —. Jan-July 1980 deductions 16% — 91% May-Nov debentures 7 7 *140 1972_Jan-July April-Oct 2%s 14% 1 *134'/4 „ Feb-Aug 5s 73 7 93% 151 May-Nov 3Vis f 27 8% *92% May-Nov 1967 Power deb 13 13 8% May-Nov 3%s 4s 18 . — 1984 s 85 59 — *8 Va Feb-Aug 1979 4Vis .62 12 »/4 - IAL Corp 3%s American & Foreign American Telephone 7% 1968 (Republic of) 1937) gtd 73% 72 — 13 8% Mar-Sept 51 . 13 Jan-July Allls-Chalmers Mfg 2s debentures 1956 3s debentures 1966 American Airlines 29% ~6 *12% Jan-July 12% — April-Oct 28% 40 June-Dec agreem't) ASmall 36% 13 Feb-Aug 1st 58 80 *58% — June-Dec 1979 RR — 62 Si — May-Nov 1958 7s mortgage first 80 *59 % __ April-Oct 1998 53 35% 85 Va Si — June-Dec Southern Alleghany & Western 49% 35% 1952 Mexican Irrigation— |A4%s assented (1922 agreement) A4Vis small 1943 ANew assented (1942 Mexico 34% 35% Jan-July 1977 Altaly (Kingdom of) 7s 1951 (State Mtge Bank) 10-year 3s 62% 73% 80 1962 conversion readjustment 2%s to (Colombia) external & Susquehanna American Bosch Jan-July Mar-Sept A Jugoslavia AMedellin 77% 60 — 1958 11% Utility- Credit Institute assented s 8% 1960—May-No® (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium for Public Works 1% to 3% 1977 |A7s series B 1947 19876 55 100% April-Oct Italian Italian 8% 2012 Valley (Dept of) (City) external 7s 1958 AWarsaw "I 9 7% Feb-Aup 2 May-Nov readjustment Cauca 80 64 5 8% 60 Jan-July 1958 Cauca 49% 56 8% 9 May-No® 1968 (City) external Del 73% 6 88 60 A 2%) external 77 77 2004—Jan-July 1968 to 62% ' 2.25%) Plan readjustment 55% 80 60 % Government— A7s part -A6s part paid secured Alabama (Republic of) to conversion 3%s 65 2 May-Nov 1978—June-Dec 79% 69 75% 54% 77 1978—Feb-Aug 18 3 77 4-4%-4Vis external 91% 57 *59% Mar-Sept A (Kingdom) of) 57 57 Jan-July 37/a-4%-4fts external 55 101 % 94 90% — f f dollar 2 53 93% * s s 53 93% Aprii-Oct s to loan External 91 High 68 (interest 1962 assented — Jan-July A 3%-4-4%s (dollar bond of Jan-June Feb -Aug 1962 l%s extl Is extl 40% Low A 1956 External to Aprll-Ocl f ADenmark 20-year external 6s 1942 External gold 5y2s 1955External gold 4'/2s 33% 39% . 8tamped assented (Interest reduced 6%) extended to 1960 XI Salvador *39 Jan-Julp Plan Sydney County Council 3%s 1957 fAUruguay (Republic) external 8s 1946 AExternal sinking fund 6s 1960 AExternal sinking fund 6s 1964_. Cundlnamarca (Dept of)— 30-year 3s sinking fund $ bonds 1978 to 1999 Slovenes (Prov A4%s Jan. 1 No. (interest external series B ASilesia 87 19 108% 109 A Plan to (Interest reduced A7s Range Since Sold 72 __ May-No® loan dollar secured Bonds High Jan-July pursuant Croats & A8s 90 62 Friday's Si May-Nov 2012 reduced external Serbs 483/« 67 6 , or Bid & Asked — water (Interest 53 16 77% Plan to 2%) 1957 1950 external Stamped 48 y. 48% *40 77% to Stamped pursuant 50 % 47% *40 pursuant (State of) fund pursuant to Plan reduced to 2.5% ) 1999 90 40% sinking Btamped A7s 47% *40 Aprii-Oct lASinklng fund 7s of 1926 due 1946 lASinking fund 7s of 1927 due 1947 Copenhagen (City) 5s 1952 88% 47% bonds 1970—April-Oct 88 % 88 % Jan-July 1961 1 88% 88 % secured external A0s April-Oct Is ext sinking fund dollar Cuba 37% 39 *37% Week's Range Last Sale Price continued— 1936 stamped pursuant (interest reduced to 2.5%) A 8s — 1961 fiAColombla Mortgage Bank 6%s 1947 ACosta Rica 28% 8a 50% 1 *51 Mar-Sept 7s 1960 (Hukuang Ry) 5s 1951 AOs of 36% 36% 36% May-Nov 1960 Colombia (Republic of) 55 *51 Paulo 51 10 extl reduced 38 51 36% (City) Stamped Ban 35% 39 28% 50 36% May-Nov 1962— 50% 51 28% *37% ^tJVas 37% 37% April-Oct Period Low 38% 28% 51 51 April-Oct 1962 Consol Municipal A7s A Chinese *37% June-Dec 6%s assented 1961 A Chilian *51 June-Dec Interest Exchange High 26% 89 37 40 June-Dec June-Dec 1957 1957 AQuaranteed sinking fund 6s 1961 A6s assented 1961 assented 35% 36% 1993—June-Dec Sinking fund 6%s 1961 A6s Low New York Stock Ban Paulo Mortgage Bank 6%s A6Vis assented A BONDS Jan. 1 NO. High Friday Range Since Sold cont fund dollar bonds 2-3s Extl sink Bonds 68 celanese mortgage Corp 3s guaranteed 4s debentures 1965 1981 June-Dec April-Oct *53% 102% 68 102% 103% 58 1 22 102 3 4 68 104 Va Volume 172 Number 4957 . . The Commercial and Financial Chronicle . (1753) 26 new york bond record RANGE FOR WEEK ENDED NOVEMBER 3 Friday BONDS New York Stock Interest Exchange Period Week's Range Last or Sale Price Friday's Low Celotex Corp 3y«s 3V4s debentures debentures (1947 1960 issue) Feb-Aug Feb-Aup 1960 IACentral Branch U P first gold 4s Central of Georgia Ry— First mortgage AGen series A Jan series B Jan 1 General of N 3 Vis New Central Pacific Ry Co-— and York Power refund gold 75 39 First 66% 53% 53 53% 270 40% 55% 103% 103% "I 4 103% 105 7/a 79 1974 AprtZ-Oct — series A 1974 Feb-Aup 1992 *103% * gold 128 ref 102 3 101% 104 101% 1990 Chicago & Eastern 111 AGeneral • First , 102 Chicago Gt inc 5s conv 1997 3%s series B 1st gold 5s 1982 West 102% 57 100 32 1017/a mortgage A 2nd 4s inc First mortgage Geneial 4Vis 103% ' 4s 120 V* 112 First mtge 27/sS 3s & New Chicago Terre and Income Chicago 1983 Jan 2003 59% 1994 Jan 1 B 1 1951 Southeastern 1994 ; F Indiana 4s conv refunding 4'/4s series General 5s 1st mtge 23/4s First 1st 57% 89 98% 103% 104 Chic 4s 8 997/a 104% 74 73 % 45 61% series B Wab & Electric & 63 >/4 65% 326 52% 1st 61 '/4 63 *92% 99% 257 50% 111 F.l First Union 99% 99 % 98% St Div Louis E 1st 4s trust 86% 87 79% 79 % 72% 72 82% 103% 103% 102 % 7 103% 102'% 11 101% 25 100 y2 first 14 101% Erie ' 101% 1011/4 102 *102 y4 . & 3s debentures 3s 17 101>/4 debentures Columbus Columbus series & Tire first Edison mortgage 3s series L 3s 3s debentures mortgage sinking fund 2%s Conn debentures 1 s Ry & Lt Conn series 100 11 99% 102 92%' 99 83% *88% *101% 68% 90 75 89% 98% River Pwr sink fund 33/4s 68'/4 69% 64 59% 75% 65% 66 10 57 66% 80 First and 88% 87% *101 108 108 1 1067/a 107% 13 105% 106% 1051/4 106% 14 105 Va 78 >/a M 1st ref M 1st ref mtge 3s debentures Co M Gas El 2%s 2%s debs P _ 1963 June-Dec 62% I-* O O NT 100 „ (Bait) Bay *103 100% ' 3s Crucible Steel Co of Am Northern § A Deposit 121 RR Ry 1st mtge first first § A Deposit 5s Collateral 1942 First series A series B deposit deceipts 1946 deposit receipts 1946 First & Lt mortgage First mortgage first 3s 3 mtge & Delaware For Co & 2%s 106'% 1087/a 107% series A 1978 105'% „ 100 40 **■— — - 104% 10 Hudson footnotes see 4s extended page 27 1963 series 73% *99% *92% 109% 63 79 — 81 97% 75% 98% .81 __ 94'/a 80 II *100 94% 98% *92 102% 98 % 100 102% 103 y4 *102% 77% 77 100 1021/4 104% 101% 103 6 „ __ 73 78 59 60 103% *103 -- 102% 95 79% 78 % 104 mortgage mortgage 4s 88 Va 95 1 lOl'A 103 26 103% 107% 128 128 1 125% 129 122 122% 2 118 104 Jan-July 1959 99 ' ,99 125 96 1 - 98%' 98% — - 7 1021/4 95% 102 V* 90% 96 92% 92% 84 84 84 6 79 87 Va 95 95 3 94 97% *75 80 67 75 *r— Feb B 103% 104 ^ — 1961—Jan-July ctis A Feb — April-Ocf 1975 18% — *— ~ Jan-July series B 2044 Jan April 1968 Jan-July 1st mtge 1976 93 14 19% 7% 15 21% 102 — 104 103% 103% *103% 105 106 1978 3s 83% 3 74 85% 102% 102% 5 100 103% 68% 72 61 741/4 99 100% 83% 69% 68 *... April-Oct 102 *99 — — May-Nov 1969 2%s mortgage 14 95 101% 101% — R debentures 100 *104% — 1041% — 2%s June-Dec 1980 104% 104 „ — 105 102 Jan-July 1979 102 June-Dec Water VflhRv first mtge first, 4V„« Rv Finance sinx xuna nrsi 2%s *„ 1976— Mar-Sept 19P9_ _Jnn-July 1970 Jan-July 1962. June-Dtc 100 *100 100 2%s Corp os 100 A ser 126% 987/a ic 126% 126% 119- 100% 128% 1 100% 99% 100 37 101% 88% 100% 100 98% First 102% Bell 63 98'% 5 100% 103% 104 12 9 121'% 997/a 102% 98 100% 100 103% 103% 106'/a 105 1,089 106% 110 140 11107 V* 11103 Central 104% 110% 105 106% *103 104% 11103% 106% 106% 102 103 1 10 101'/a 104 66 102'/a 106 102% 103% *52% 38 28 124 102 99 June-Dec 106% 11106% 102% 103 *102% 103 '/4 38 *86'/2 27% 54% 39 6 June-Dec *37 50% 39% R1 89% 14 23% 32% 30% 38% 1 33'/a 37 39 June-Dec 37 37 100 31 - — 23 92% 47% 10 — First gold J Extended *— 105% *— 102 106% Jlnf^-Dec 103% 95 % 95 95% A 65 63 74 43% 109 27 45'A 100% 101% 22 100% 103% 106 % 106% 12 106 106% 4%-33/4s 33/4s ser June-Dec 1979 A series 100% -- 3%s 1951 Jan-July gold 3%s trust gold 4s 4s Purchased *106 May-No» 1979—May-Now lines 1955 3%s 1951— ApriZ-Oct 1952 II 1 100 % 100% — *100'/a — *100% i 106 105 100% 100 41 102 Va 6 104% 104% 103% 101% 101 101 :.04 106 101% 102% 2 103% 105% 10 105'/a 108 *101% 102 Jan-July 108% 102 100% — — *102 Va 102% May-Nov „ 104 108 II *105 ApriZ-Oct 1952 — " 1974—May-Nov C Jan-July first Collateral 1981-Jan-July 1978 ' Collateral trust gold Refunding Debenture May-Noi; Louisville Omaha Div & Term Division St Louis Div Gold gold and 3Vis first 3s gold 3Vis 1953 gold 3s 1951 gold 3s 1951 first gold 4s 1951_Jan-July Feb-Aup Feb-Aup 1951— Registered Illinois Central first and and First refund — pmm. «• — — — 5s refunding series A 1963 June-Dec 4Vis series C 1963_June-Dee series D 106% 103 1963_June-Dec mortgage 4s ^International Great series 5s series 5s 97 88 A It 1% 100 33z 100% 100 ■ - 1 102% __ — 102% „ __ 100 % 101% 100 % 1 01% 101 100S1 101% 100% 100% ■ — __ 1011/4 — — A B 105% 106% 102% 103 99 -- 102% 101 "/2 102 % „ 99 60 101% 39 98 % — 2 106% 103 92% 93 Va 96 99% 96 *93 100% 98 98% 12 81% ICOVs <7% — 93 Northern RR— 1952. Jan-July 1952 1956 series Jan-July C 46 52 32 Va 92 93 13 75 92 92% 2 75 98 98 2 93 77% 79 19 70 45 April-Oct 92% Jan-July Inter Rys Central America 1st 5s BJ972—Map-Nov gold 101 '/a *98'/4 Terminal Ry 4s series A 1970 Jan-July Indianapolis Union Ry Co— Refunding and Imp 2%s series C 1986—June-Dec 6s *100'/a *101'/a * Illinois AFirst *100 43 *10044 *10044 — 131 96% 102% 102% — __ ,'tf A Chicago St L & N O— refund First Jan-July Feb-Aup Jan-July Jan-July 1951 Lines 95% *100 *100 Term Springfield Division first gold 3Vis Western 96 Va Jan-July 1951 104 107% 107% June-Dec Bridge gold 4s 1950 first 107% Feb-Aug 5s 1955 4%s 1966 Div 104 May-Nop 1953 4s 1956 106 Va 101 102 73% 41% 95% 95% 100 """ 105% 102 h-» O O 72% 42 1951 4s Refunding AFirst 4 73 RR— mortgage gold AFirst 100% 100% _Feb-Aug April-Oct 1957 Consol mortgage 5%-33/4s series B Consol Joint 99 % A 1957 series B 3s Consol mortgage Litchfield 104% 5s Telephone 23/4S series mortgage First 100 118 105% 102 100% first i Illinois 101% 102% 103% Manhattan AAdJusted income 5s Feb 100% 11103% May-Nov 111% 109% —- Jan-July 107 105 Vt 99% 1104 April-Oct 105% 106% 107 7/a 104% 103% 1 June-Dec 1965-, 1965 152 3 h 107% 8 Jan-July debentures 111 150% 104 RR,— 3%s debentures & ■ 1041/4 1975_Aprll-Ocf 1978 Dayton Union Ry 3y4s series B Deere 2%s 104 Jan-July Jan-July AAdjustments 6s series A July Power 75 1965-Map-Nov 1952. debenture 3s inc 1st Hudson ■ -- d Dayton 101 101 107% — 104% *109% Mar-Sepf 2%s 1976 2'/4s Ohio 3s ooai 105% Jan-July .Jan-July 1952 receipts May-Nov 1973 D certificates trust Huusuu 104 June-Dec gold B C West mtge 102% *104 3y8s 1966 May-Nov 5'/2s 99 % 99% 111% 111% inc 5s series A July 2015 April refunding 3%s series D 1969—April-Ocf 101% *107% 108 Va Map-Nov receipts 111% mtge 15 • 105% ApriZ-Oct 27/as 1975 debentures 1365 96% 100% 11 *108% 110 *104 June-Dec 1969 mtge First and refunding 4s series B First and Household 105 Mar-Sepf Jan-July Baking first series & & 1027/s *102% 104% ApriZ-Oct Continental debentures series Corp Mobile 101% Jan-July mtge . 92% 78% ApriZ-Oct Consolidated Natural Gas 23/4s 1968 73 106% 94 101% 101% *150% Jan-July Cairo Consumers first 1961 1959 mortgage Illinois Jan-July 1976 debs 4'/2s mortgage 2%s series P 1982 mortgage 2%s series Q 2010 — 1981 76 102% 24 100 Jan-July 19 *99% ApriZ-Oct Power 3s 101% City— 1981 T U 105% ■; *104 May-No« 1962.. Power *106'/a 107 1979_Jan-July 1976 R ser ser 1972„June-Dec E 1954 Lt & Q C ser series Bait 4V2s ser 27/as conv of ser ' 105 - 98% Gas ' — 100% 1st ref M 27/8s §A6s ' 1977_ApriZ-Oct General mortgage ref "1 W' 1982_Mar-Sept Consolidated $ A 7V2s 1 — A convertible 1st — B refund ACuba 17 101% 101% ser refunding 3s series D 1972 67% *99% 100% 101% * ' ser Consolidated . 78'% 101% 101% 2%s and 5 A Cuba 77% 101% 101% 23/4s and *93% Jan-July General 106% mtge First 68 120% 110 1 Co—I series ADebenture 108 mtge refund 84 74% 104% 105 1971-Mar-Sepf 1990 Gulf 108% 107 Jan-July 1961—Feb-Aug April-Ocf refund 113% 1953_Mar-Sept mortgage 3%s series N Greyhound 100% 108 Feb-Aug and 2v2s 96% 107 1964—ApriZ-Oct First . 1 ApriZ-Oct and 3s 99% ApriZ-Oct First 1965 5s mortgage 3%s series O 2000 AGreen 101% 99% refund mtge 23/4s first General 107 Vs First , 104% gold 5s 1995_Jhii-juLy General 107% A Feb-Aup General 100% 105% ApriZ-Oct 101% 113 At>ril-Ocf " 92% 105 Consolidated Cigai Corp 3y4s 1965 Consolidated Edison of New York— Map-Nov General 96 2 1951 1961 General 1999——ApriZ-Oct 4y2s 4'/2s cons first Co 4%s 100V4 June-Dec 101 *100% 102% 113% April-Oct Ry 5%s 5s General 3 1978 103 % Feb-Aup Rubber F) General 13 1999— 1st and ref lirst income (B 103 '/4 87% 1977 N 94 % 108 V* 100% Realty & Utilities Corp— conv Goodrich Co— First 87% 104% 55 g General 110% *99 May-Nov external 9 30 *70% 1980 Coast 100% *92 Feb-Aup 3970—May-Sepf 4s 1955_Feb-Aup 92% 100% 101 74% refunding 5s series A 1974—Mar-Sepf ACertificates of deposit Mar-Sepf Francisco Sugar collateral trust 6s 1956—May-Now First 3V4s 83% 104% 105% Georgia div first 5s 1956_May-ZVou Y» & East 110 Vs ApriZ-Oct 1975 99% 65 June-Dec AFirst and General June-Dec Elec Toledo Commonwealth First B Tunnel mortgage 2s series H Division first mortgage 3y4s 7 105% 105% 1975 95% 39 Co— 3 101 100 1961—ApriZ-Oct 4s June-Dec 1965— 101 105% 105% 1972 13 80% 92% 92% 104% Mar-Sept. 1995 gold 4s consol Hocking Ohio South & A & Great Northern 105% 1977 Jan-July June-Dec General First 104% Inc— series & 2%s 110% 110V2 100 1990_May-Noo 1973 98% June-Dec Gulf States Utilities 2%s Corp— coll trust System lien Southwestern Hackensack Gas 105 80 1982_May-Sepf mtge inc 4'/2s ser A Jan 2015 April First consol mortgage 3'As series E 1964_April-Ocf consol mtge 3Vas series F 1990 Jan-July First consol mtge 3'/aS series G 2000 Jan-July „ Co- C 1993 1970 1995 4S (N Railroad A4s 1977—Jan-July 1991_Jan-July Ry— (stamped modified) 1980 Columbia 107% 98% First 106 105% gtd 4y2s series Iron 75% 104% 105 April 104 104'% 104% Mar-Sepf Terminals & 73 "I 104 101-Va 102'% 104% Southern Fuel 86 Va 106% 102 June-Dec 1985 mortgage and 74% 104 % 104% Jan-July April-Oct Paso JFlorida *85 June-n*>/< mortgage 5s series B 4y2s 76%, 84 1 103'A 1970—Jan-July 3s mortgage 5 '/2s series A First *73 104% 66% 63% fixed El Ry— 4s Illuminating mortgage 4'/2s Colorado 84 64 90 103% June-Dec First & ' 100% 10143 101% June-Dec First Colorado 75% 84 Mar-Sept General Cleveland 56% 74% Map-Nov Elgin Joliet & Eastern Ry 3Vis 1970 92 101% 101% June-Dec mortgage 3s 1982 Cleveland Short Line 1985 2%s series I first mortgage Edison 66 87 94% *101 % 103 % (3% series H gold East Tenn Va 70 V* 62% ApriZ-Oct 1993 Mich 2%c 75% Map-Nov Duquesne Light Co 2%s 1977 1st mortgage 2%s 1979— 82 65% 1969—Feb-Aug Feb-Aup 1993 mortgage 67% 76% Jan-July St Louis Division first coll Cleveland 51V4 40% 16 1975_ApriZ-Oct 1978 Refunding and impt 4y2s series Cincinnati 8 30 Jan-July Jan-July City Ice & Fuel 2%s debentures 1966 City Investing Co 4s debentures 1961 gold Map-Nov Detroit Tol & Ironton RR 2%s ser B 1976_Mar-Sept Dow Chemical 2.3os debentures 1961 Terminal— Cincinnati 81 64% 95 y4 98% 1952_Jan-July 1962_Mar-Sepf D mortgage gtd 3%s series E First mortgage 2%s series G 1974 I T Financial Corp 2%s 1959 General 88% 88 54% April 1963 Elec High Lake— Terminal 5s stamped 1963 G Cleveland 86 73 % 65 1994..Jan-July Jan-July series & ASecond 127% 50 21 Ry— First C 126% 95 87 97% June-Dec series Union 4V2s ser B tr refund Mack Firestone mortgage 27/8s 2042 1 A 1985 ser series A 3s and & Detroit 78% 53 June-Dec 3'/as First 61 64% 1999—April 1951 27/8s Cincinnati May Gen & ref mtge 2%s ser J 1985 3s convertible debentures 1958— Detroit Ohio mortgage Cincinnati Gas 197 93% Station— Western 88% *60 May-JVop 36 68 . 78 98% Jan-July 5s gold 4s & Low Grande Western RR— Salt & General RR— mortgage & 101 53% 2019—April 1980 Haute 2%-4'/4s and 99% — 60% 101 Ye 86 „ Jan-July First First 99 *127% — April 1989 Pacific 1st coll Detroit Edison 110% 104'/a Apr" 2044 Ry— inc 4Vis Jan First Chicago 107% 20 -- 57 Jan-July A refunding mtge 2%-4y4s Union 100 *76 ; 112% 100 104'/a *90 -- 110 Jan-Juij 1956 ser Orleans Memphis Division l973_May-Nov May Income mortgage (3% fixed 1% contingent interest) Pacific RR— A series A ser & 5 100 -a.— Afay-Nov Jan A 4s & series Chicago Rock Island First Paul conv mortgage Chicago St L 14 107% 107% Western mortgage 4-6s & mtge Denver 114 *103 May-Nov increased series B Jan conv Second C 1993 1% contingent interest) 1993 mortgage series A (4V2% contingent interest) 2018 1061/2 114 6 lliy4 IIII/4 107% April 1985 A ser Southern mortgage 4Vis inc Chicago & North 1st series mortgage 4Vis inc Chicago Milwaukee St series 5s & coll tr 5s First mortgage 104% *114'/a 127 first Chicago Indiana & trust Denver & Rio 103% *110 4s series A 1988—Jan-July AGeneral inc mtge 4Vis Jan 1 2038 April Chicago Indianapolis & Louisville Ry— A 1st M due Power & Light 3s 1973 April-Ocf mortgage and coll trust 3Vbs 1977_June-Dec First mortgage and coll trust 2%s 1979_Jan-JuZp 133% 101% 102 % 104% 105% 104% Feb-Aug mortgage Chicago & Erie Jan. 1 No. Div Western & Delaware 103% 124 10 RR— moitgage Range Since Sold High division 1st <- 3s Bonds Pennsylvania Division— 104% 128 101 % 8 1958 mtge Range Friday's AIncome 128 1989 Afar-Sept. series B 1977—Feb-Aug First and refunding mortgage 3V8S 1985—Feb-Aug First and refunding mortgage 27/as 1970—Feb-Aup & refund Essex 1st mtge __ *102% 103 1989—Jan-July Jan-July 4s First and refunding 4%s 1st & Collateral Chicago Burlington & Quincy RR— 4s Lackawanna and Morris . __ *104% Mar-Sept consolidated General or Bid & Asked First and impt M 3Vis series D 1996—May-Noo Refund and impt M 3Vis series E 1996_ _Feb-Aup Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s A York .AIncome mortgage 64 Refund Second 70% New . 3 Vis 4Vis 62 224 70% Sale Price Delaware Lackawanna & Western RR Co— 102% 103 66 % 68% *75 __' Last Period low 101% 83 61 70% First mortgage 3%s series B 1968 Feb-Aug Champion Paper & Fibre deb 3s 1965—Jan -July Chesapeake & Ohio Ry— General 101% 64% 1987 3s 101% 13 — J— mortgage Central 100 y2 __ Week's Interest Exchange High Jan-July 2020—.May 2020—_May 1 4Vis Low New York Stock Jan-July A mortgage AGen series Central RR Co Ffrst 1995 mortgage 4%s BONDS Jan. J NO. 102% 102% — Friday Range Since Sold High *100% *101 y2 1948—June-Dee Bonds Bid & Asked 24 49 104% j 101 101% 90 99% Jamestown Franklin & Clear first Jersey Central Power & Light 4s 2%s 1959_June-Dec 1976—Mar-Sept 100% 100% 100% 99% 81 103% The Commercial and Financial Chronicle . . . Monday, November 6, 1950 NEW YORK BOND RECORD WEEK ENDED NOVEMBER 3 RANGE FOR Friday Week's Range Friday BONDS Interest Last New York Stock Exchange Period Sale Price or Friday's Bid & Asked Low High Bonds BONDS Range Since Sold Jan. 1 Low No. New York Stock First mortgage 3%s series B 1968 Kansas City Terminal Ry 2%s 1974 Kentucky Central 1st mtge 4s 1987 Kentucky & Indiana Stamped 1961 Plain Terminal 4'As 4%s unguaranteed & Toll 101% 102 J 04 1/4 104 >/2 103% 106 103% 105 % 5 101 10378 lol'/e lol'/a Jan -July 105 *115'A 114% — "40 First Lake mtge Shore 3%s & RR & Mich registered Lautaro 97 April-Oct 103% 1959—Mar-Sept % South 1968 % 181% N Y 105% N % 1% N % Coal & A stamped 1970_Aprll-Oct 1954 First ref 5s stamped stamped 1964 & ref 5s 1974 Lehigh Valley Harbor Term Ry— First mortgage 5s extended to 1984 Valley Railway— mortgage 4'As extended to Valley RR— First Lehigh General F contingent interest Valley Terminal Ry— 91 97% 4s 3s debenture 1963 Louisville & Nashville First & First & refund First & refund refund series Louis Div 94 Atl Knox & A 97% — & F mtge 2%s ser G mtge 3%s ser H Elec B gold 1 83 78% 11 1st 4s AGeneral Y & Co 2%s debentures 4%s series mortgage & Manati 4s con A Sugar 4s sinking fund Feb 1 First mortgage Michigan 3%s Bell & 13% 80% NlY 67 69% Light first mtge Electric 85 3%s gold § AGeneral N Minn St First Paul & Saulte mortgage 4%s St 50% 65 55% 70 75% May May May 53% 52% 53% 75 33% 55% Niagara 58% 63 % 57% 58% 65 36% 59 62% 63% 34 40 64% Norfolk 85 85% 13 74% 86 inc *121 __ Mohawk General 102 ^ 102 — *103% — Norfolk 123% 121 fc 102% 102 mortgage Prior A 1 102 h 105% 103% 21 102% 105 % 102, 102 103 97 13 86% 15 103% 103% 86% 97% 4s 1 86% *95 100 107 107 Prior 104% 99 mtge & 1971 1991 5s series lien ACum refunding 4%s Ry— 92% 4%s ^Missouri Pacific and AGeneral AFirst AFirst series D lien RR A Jan 1967 and 5%s series A gold 5s Morris 95 and refund and 106% 1949 H ser refunding 5s series I 99% 102% *100% 6 8 First , Chattanooga mortgage National Dairy National 106'A — 90 68% *102 69% 1st 102 $R 3 3s guaranteed debentures 4%s 43 45% B 77% *81 88 95% — 95% 85% 1979 3s 1984 s 6'A 7'A 401 2% 3'/a 38 1% 5 100 v2 *65 67 9y. 3% 103 57 70% 100% 53% 54'A ioiy8 104 1 106% 54'A 25 25 25 16 13 % *76 „ 100% 41 *— *13% 85 57 71% 17% 80 100% 100% 13 100 % 106% 106% 12 104% 103'A 107% 104 106% 6 10c % 107'A ICO 102'/. *104 105% 104% 105% 105% *99% 95 __ 97 12 57 97 *127'A'133 12$ 133% *118 114 117 *103'/a 110 108 "A -- 1C7 109 36 107'A 108'A 105 64% 103% 112 105 10 99 107'/a 64 65'A 42 60 % 63% 64'A 15 53% 66 87 89 46 80 91% 92 100% 92'A 92'A 92'A 9 103% 104'/2 103% 25 *— 7 87% 83 70'A 97% 98 101:; 9 105% 101% 101% 100% 100 3A 103 100'A 103% 101% ♦100% 101% *95 99% — 100% 100% June-Dec mortgage 2%s 2 Jan-July 20 Mar-Sept April-Oct 1974 1975 102% 99 99% 10C % 102'A 104 109% 109 49% 109% 110 mortgage Gas 2%s 1980 Electric & *61% -1 293 63% Map-No? 2%s 92% 94 394 53 2%s 1980 93 % First First 1st Gas series A 2 59% 13 6 91% 93 54 — 967/8 97 7 — *104% Electric & 92% 7 o 95% debentures debentures 93 101% debentures 105% 104% 1983 103 100% 101% — 114% 114% 167 114% 104 *106% 105% 1975 General 5s General 106 100'A 105% *101% 103% __ 4s April 30 103% 107 104 106% 104% 32 1027a 103% 104'/a 6 103% 106% June-Dec 100% 100% 50 99% 102% June-Dec 103 103 1 101% 104% 105 105% 6 104'% 106% 104% June-Dec June-Dec June-Dec 103% 104 June-Dec 102% 102% June-Dec 99% *106% 25 103% 105% 1 102% 103% 15 93% 101% 99 % 101% 102% 4 104% 104% 5 100% 103% 104% 106'A 105 __ *104% 105 107% 104% 15 __ 106V4 101 v8 101% 103 % 101'A 101% *103% 1960 104'A 103% 63 80 gold B 4%s 102% 103'A 102% 112% 112% 104% 105% 112 7 115 June-Dec 104% 104 3/8 105 80 93% 106% June-Dec 109% 109% 109% 14 102% 111% April-Oct 100 y8 99% 100 % 70 90% 101% Jan-July Jan-July April-Oct 100 99'A 100% 28 91 101% 84% 84% 11 78 71% 72% 15 52 30 31'A 115 I 3%s series D 1980 series 101% 102% 102"% Feb-Aup 31 April 101'A 102 Mar-Sept % 14 Va 14 93 87% 73% 35 1 104 & Wash RR Co— 1974 series *114% Feb-Aug C Co— 1977■ . v Jan-July *109% 113 — — 118% 107% 111 101 — 104% . First & refunding ♦101 y8101% 2%s 1971 June-Dec 1 First & refunding 2%s 1967——— May-Noo First & refunding 2%s 1974 May-Noo First & refunding 2%s 1981 June-Dec First & refunding 2%s 1978 .Feb-Aug ItAPhilippine Ry 1st sink fund 4s 1937—Jan-July A Certificates of deposit Phillips Petroleum 2%s debentures 1964—Feb-Aug -- 82 *102 102% April-Oct 1990 Philadelphia Electric 107% 104 „ *104 __ Jan-JuZp AIncome Pere Marquette Ry *85 — Mar-Sept ■ 105 __ 104% ..June-Dec First 106 103 — June-Dec 106% 106% 104 June-Dec 103% 103 V4 101% 101% 119% *103% 104% *103% 107% 1 10 ♦80% E Philadelphia Baltimore — 103 __ 103 % 103% 1952—Map-No? series 4%s series D 1981. ... General mortgage 4%s series E 1984 General mortgage 3%s series F 1985 Peoria & Eastern first 4s external 1960 102% — __ 104% Co— 4s General 102 Map-No? — 1C2 11 103% 103% I960—Aprll-Oct 104% *99% 101 % *106% 103% Mar-Sept 1 106 103% 103% June-Dec .June-Dec trust ctfs * 106% __ Mar-Sept 3%s 1988.—Jan-JuZp gtd first 4s 1986-Feb-Aug 102% ' 103% 103% Pennsylvania Glass Sand 3%s 1960 Pennsylvania Power & Light Co— 103% 104% __ April-Oct 103 100'% 102% April-Oct April-Oct Mar-Sept 1978 Guaranteed 96 2 1985 Airlines— A3'As convertible inc debs Sept 1 99 V* 11 *102% 103% June-Dec 1987 debentures Pennsylvania 10S% 104% 104% — 102% Pennsylvania-Central 94 1(ijl-,« 101% *__ *x_ Western Oil 3'As debentures 1964__June-Dec Paducah & Illinois 1st s f gold 4%s 1955 Jan-July 96 97% 2%s Consolidated sinking fund 4%s •General 4%s series A 1965 General 5s series B 1968 — 20'/a 106% 103 —— —•r Pacific 62% 105 — Tel 3 Vbs 102% 72 & 3 Ves 104 % & 3%s 109% 53 1966 1970 2%s debentures 1986 67 90% 3'As series I mortgage 3s Pennsylvania RR— 101% 99% I960—April-Oct refunding 3s series K 1971 & refunding 3s series L 1974 & refunding 3s series M 1979 & refunding 3s series N 1977 & refunding 2%s series P 1981 & refunding 2%s series Q 1980 & refunding 3y8s series R 1982 & refunding 3s series S 1983 refunding 2%s series T 1976 Pacific Tel 110% 56 95% *93% 93% „ Map-Nov refunding First 52% 33% 102% 58% __ 1C4 3 102'A *98 June-Dec refunding 3s series J First 109% 110% 95 91% !*__ Feb-Aug 1975 1979 & First 88'A — 102% 102% 58% 3s & First 104% 66 *102% 11% 21 ' mortgage mortgage First ■< 109% 19 108% 108% — „ — 72% 93% 17 110 49% *50% — 17 20% 104 100% 100% ' First & 92% 78 108 % 109 Map-No? New Jersey Power & Light 3s 1974 New Orleans Great Nor 5s A 1983 New Orleans & Northeastern RR— 104% Mar-Sept First 93 15 86% 108% 74 67 June-Dec 1982 54 y« 101% Co— 99 84% 75 5 96% 108% 109 86 27 April-Oct 3s debentures 1974 New Jersey Bell Telephone New Jersey Junction RR 42% 3 P 95 April-Oct 1961 247 100% 100% Feb-Aup 1977—April-Oct mortgage 2%s Pacific 59% 80 Co— series 53'A 73 Telephone— 3s 88% 78 55% 97% 1970—June-Dec first gold 4s 1954 52% 83 62 Jan-July First 87 91 88 1974 503 7% Feb-Aug April-Oct 71 54% 87 June-Dec Tel first Bell Oregon-Washington RR 103% 90 96% debs 70% 75% 72% 106% 55% 55 97% debs 1967 69 63% 102% 105% U 102% 87% 2%s 100 82% 5 16 Co— guaranteed 4s 1948 Edison first mortgage 3s First 109% 35 103 86% __ 107% 91 Feb-Aug Corp first mtge 3s 1965 England Tel & First 1986 100 54 74% 82% Mar-Sept 3s 1978 2%s 1979 mortgage Oklahoma 103 78% 102% 106% 106% __ May May 3%s Products 1975 Power mortgage Ohio 107% Louis— B Supply 2%s debentures Naugatuck New St 1970 Distillers National Steel & series Products 3s debentures Nat'l 3s 95% 99 O N Nashville 2047 102% 100% 12 *103 __ „ 69 May-Noo Map-No? April-Oct 1986— 100% 100% 99 Mar-Sept 104% 100% 89 107% 107% & & Tel 2%s 95% 100% __ 101% 73 74 Quar-Feb 4'As mortgage 1st 88 __ Feb-Aug 1978 101 9?% 101% 102% __ 103% *101% 102 — April-Oct 1981 *99 97 9Q 15 104% 104% Quar-Jan Quar-Jan Quar-Feb ' first gtd 4s 1991 Mar-Sept Ry 3%s series B 1966 .Feb-Aug (John) & Co. 3s debentures 1958—May-Hoi debentures 1 Jan 2%s debentures *100 __ 89 Map-No? 1980 104 fl"1 106% 106 % •— Feb-Aug Mar-Sept 1977—Mar-Sept 1978—May-No® Malone Mountain States Tel 1974 2047 States Northwestern %t 72 63 ICC1 16 tOgdensburg & Lake Champlain Ry— Essex first gtd 3%s 2000 June-Deo Construction mortgage 5s series A 1955—May-No® Construction mtge 4%s series B 1955 3%s 88% 50 100% *— Monongahela Morrell 92% 70 *102% — __ Co— 1975 refunding 5s series F refunding 5s series G and & 92% *100 refunding 5s series A 1965 4s AFirst Mohawk 99 % *56 „ A ser 1977 3s trust (Wisconsin) 80 88% ApriZ-Oct 1978 ser gAConvertible gold AFirst 68 Jan-July Jan-July Jan-July 1962 *100% Jan-July 1997 4s registered First 80 99% 2%s 1980 Co— (Minnesota) first mortgage 2%s 1974 First mortgage 2%s 1975 102% 101% — 79% 99% „ June-Dec 1962 adjustment 5s AFirst *101% RR— A 40-year 4s series B Prior ' __ „ __ 52 — 102% 102% 5s registered Northern 109 103% 63% 61 85% Pacific lien Collateral 95% 107 Ry First April-Oct Jan lien 66% Refunding & improve 4%s ser A 2047—Jan-JuZp Refunding & Improve 5s series C 2047 Jan-July Refunding & improv 5s series D 2047 Jan-July 91 79% 92% 101 % Mar-Sept Mar-Sept Jan-July mortgage 4s lnc ser A Jan Kansas & Texas first 4s 1990 Missouri-Kansas-Texas 52 62 *60 Western General 100% 89% & Northern 61 57 April-Oct A 23 62 —- 70 Power Corp— Southern General 105% 102% — Marie— series 62 convertible lnc 2014_April-Oct Ry first gold 4s 1996—April-Ocf Northern Central general & ref 5s 1974—Mar-Sept June-Dec 1940 51%. 66 102% 102% Feb-Aup Map-Nov 62% Jan-July —, 10 Jan-July Feb-Aug 1937 1940 5s 8 Map-No? 1967.; 5s AGeneral Missouri 1937. 5s 4%s gold 94 1951 first ext 58% Jan-July Jan-July I AFirst debentures J 58% ZT' 53% Y First sinking fund 1977 Corp first 3%s 1963 Susquehanna & Western RR— 69 Mar-Sept First gold 3%s 1952 May-Hoi Refunding & impt 4%s series C 1979—Jan-July Michigan Cons Gas first mtge 3%s 1969 Mar-Sept iSAMidland of 2%s Steam Y 75% May-Hoi Minnesota Mining & Mfg 2%s 1967 66 1992—Mar-Sept 64% 1974..May-Noo Feb-Aug First mortgage 2%s 1969 First mortgage 3%s 1969 78% 52% 70% 2%s 68% April-Oct 3%s Gas & § AFirst refunding 84% 12 & 74% June-Dee 1988 Sag 7C 10 3 % State 58 May-Hoi Central— Lans & 1 61 Map-Nov 67% 1957—May-No? 1980 77 61 100% Y Telephone Co— debentures Michigan Jack 2%s 33% 77 ..June-Dec Y 85 Mar-Sept RR (Southern Lines) 4s 1959 May Dept Stores 2%s debentures 1972 Mead Corp first mortgage 3s 1966 Metropolitan Edison first mtge 27/aS 83 77 67% Port Chester— 63% 1954__June-Dec Manila 82 High RR— 75% April-Oct 1972 72% 64% 1975-Mar-Sept Putnam first consol gtd 4s 1993—April-Oct N 84 1979-May-Noc B 53% 131 94% 68% April-Oct 1960 series 221 76 100ii 64% 2003—April-Oct RR Central First 67% 73% Jan-JuZp 1955 4s Power N M Macy (R H) 66'A 74% Map-Nov Hartford & First Maine 67 *99% 100 May-Nov Feb-Aup April-Oct 2%s mtge 55 100 hi first gold 5s 1943 Telephone 2%s series D 1982 Jan-July Refunding mortgage 3%s series E 1978__Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Niagara Falls Power 3%s 1966 Mar-Sept Feb-Aug May-Noo 1955 20S *92 % J an-July Map-Nov series A 1973 4s 1954 JAN Y Ontario & West ref 4s June 101 82% June-Dec 1980 63'A Feb-Aup May-Hoi mortgage 85% 99% 83 84 April-Oct 2003 3s 61% April-Oct 1973 Haven AGeneral 2003 62% April-Oct 1951 4s West 4s series 81% 100 11% April-Oct 1962 ser Cincinnati Div Louisville Gas & New 3s 3%s second Lack Y RR— mtge 3s series F 1986 gold Harlem First N 2003 mortgage 5s extended to 1979 general Feb-Aug May-Hoi May-Hoi ALombard Electric 7s series A 1952 Lorillard <P) Co debentures 5s 1951 St 96% Jan. 1 Lew St Louis— & iSATermlnal 5s Miami first SASecond Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951___ Little 77% Feb-Aug Series D 4s contingent interest 2003 Series E 4%s contingent interest 2003 First 100 *82'A 1974___Jan-July Series B 4'As fixed Interest 2003 Series C 5s fixed interest 2003 Series & Y tN mortgage bonds— interest 2003. fixed —Jan-July Jan-July Feb-Aug Feb-Aug 1998_Feb-Aug refunding mtge 4s ser A 2007 -Jan-July AGeneral mtge conv inc 4%s series A 2022—May consolidated Series A 4s Lehigh 84 0O7/a Range Since Sold NO. 1998 First & 95% 90'A *96% Feb-Aug Feb-Aug ..Feb-Aug _ 3%s gold 3%S 2000 Mortgage 4s series A 2043— N 5s & 86'A 1 95 0 June-Dec ser ref gold 1998 Chicago Harlem River & First & Lehigh 95 I 94% Navigation Co— Sinking fund mortgage 3'As Lehigh Valley Coal Co— First 94% June-Dec 1975 reg 1977 registered Dock Y N *95 " Bonds RR— Mortgage 4s series B 2043 gold 3'As 1997_June-Dec income River Connecting RR 2%s series B 1975 Y N June-Dec 1997 mortgage Feb-Aug 3%s 1997— collateral First mortgage 100 102% 103'A 103% 4'As A ser Hudson registered York New 176 *176 April-Oct Friday's High Refunding mortgage 3%s series E 1980—June-Dec Nitrate Co Ltd— AFirst Lehigh 3%s 1998 A Michigan Cent collateral gold 3'As 3%s registered 1998.: 40 Terminal— sink fund or Bid & Asked Co- series mortgage Shore 3%s 101% 100% — Lake 115% 27 *100% RR 4s & Central 3'As 72 4 105 Y General L Lakefront Dock Central Refunding & impt 4%s series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct N Jan-July Jan-July —Jan-July certificates io3% 101% *11 — 1961—Jan-Julp 1961 5s 84 % 100% April-Oct Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mortgage 3s 1964 lAKreuger 82% 102 June-Dto 1961 York Consolidated 102 Sale Price High K *f<41/4 Last Period Low New Kanawha & Mich 1st mtge 4s 1990 ApriZ-Oct Kansas City Power & Light 2%s 1970 June-Dee First mortgage 2%s 1978 June-Dec 1st mortgage 2%s 1980 ——-—June-Dec Kansas City Southern Ry 4s ser A 1975—April-Oct Week's Range Interest Exchange . ■ . • 101 v8101% 26 100% 100% 100% 101% 16 100% 103% 100% 103% 102% 104 y. *101% 103'A *102'A 103 104% • Refunding & impt 4'As New Orleans Term first INew Orleans Texas AFirst 5s series B v A Certificates AFirst A of . series 4s 1952—Jan-July 1953 102% 102% __ Jan-July 102% ApriZ-Oct Mexico 102 % Ry— 102 102% deposit * 101% 102 % — . 4%s series A Certificates of ^Certificates of •For footnotes see 1956 1 Feb-Aug , 103 ' 103 — t 103 deposit D 1956 deposit.'. A 1954 deposit 5 101% 104% 36 100% 104% „ 1954 C AFirst 5%s series T gtd A — 5s Certificates of AFirst & series Feb-Aug - 100% 100% 100% ' ApriZ-Oct r \ .103 102% 103 17 99 89 99% 97% •. 103% 99% 2%s 100% =•7% 101% 100% 101% debs 1975 Consolidated guaranteed 4s Consolidated guaranteed 4s 104% 100 conv . . 13 73 12 29 6% 25 101% 103% 284 104% 111 102'A 102'/a 107 Map-Nov Pittsbgh Bessemer & Lake Erie 2%s 1996.June-Dec Pittsburgh Cincinnati Chic & St Louis Ry 103 10 10'A 11 • 107 1087ii •110% I ser F 1953—June-Dec *103 G 1957—Map-Nov •107'A -- *104 93 __ — ser 7 —; Consolidated guaranteed 4s ser H 1960..Feb-Aug Consolidated guaranteed 4%s wr I 1963_Feb-Aup Consolidated guaranteed 4'As ser J 1964_Map-Nov 108 102% 103% 107% 103-% 104 113% 111% " 113% page 27 - 101 •10.3 > *113 112 13 ' 12 "7 Volume 172 Number 4957 . . The Commercial and Financial Chronicle . (1755) NEW YORK BOND RECORD RANGE Friday BONDS Interest Last Period New York Stock Exchange Sale Price or Pittsb Coke & Chem 1st Bonds Range Since Sold Jan. 1 No. Low debentures 100 Va 100 109 Va 1970 June-Dee 1975 Aprll-Oct 109 Aprll-Oct 88 E 1975 mtge 3Vis 109'/8 109 % 107% 109 1965 First mortgage 4Vis series B 1959 10 81 89 Refund and impt M 4s series C 2019 Jan-July 26 100 103 Refund and lmpt 2Vis series D 1985 Aprll-Ocl Afay-Nov 103 mortgage 4Vis series C 1960 5Vis income Power debentures June-Dec Public 3s First and First and First and First and 1 loo3/* 102% 92% 1 *93 92 93 9 963/4 93 —— 92 Va Texas Corp 3s debentures 1965 Texas ft New Orleans RR— First and 96 VA 90% 96 VA Texas refund M and refund M ft Pacific General Texas 108'A 108'A 108 4 111% June-Dec June-Dec io63/4 ~i 100% 99% 101% 108% *104 Jan-July 105'A ■ ~ gold refund M O E ser Ohio Cent ref Trl-Contlnental Jfar-Sept II *99 99 — 3%s 101 21 100% 100 Vi 100% 30 96% 102% 135 134'/a 135 Va 7 128 % 135'/a 104% 104% 37 100 106 100% 1033A 1985-Jan-JuZy 1974 and lmpt 3%s 2Vis Corp debs June-Dee debentures Electric 4s t§ARutland 4Vis RR 102 1960 69VA 59V8 61 89 52 25 VB 26 70 213/4 32% 92 97% 100 101% 108% 110% June-Deo 007 Mar-Sept 1961 2 100'/a 100'/a 25 Vi ■*99% 101% qq U Union Electric Co of Missouri 3%s 102% 105% First mortgage and coll trust 106% 106 Vb 1 105% 109% 3s 152 Vi 152 Va 2 150 152 Va Union Oil 218% 218% 218 VA 1 218 225 Union Pacific 103% 103% 5 103% 106% 102% 102% 5 102% 105% 1964 Jan-July 152 Va *100 % 101% debentures of 1971 Hi O O — 1023/4 93 9 ApriZ-Oct 1968 1949_ stamped *103% 104% — 1053/8 103% — *120% __ *106VA 107 105% Jan-July 13% 12 % 13% 7 Jan-July 1941 *100% California 23/4S debs 1970 June-Dec Gas 100'/a — 103% 1033/4 105 % 10 101% 103% 19 101% 105 103 •— Afay-Nov 101'/a 101% RR- 2Vis debentures 1978 Feb-Aug Refunding mortgage 2Vis series O 1991_Afar-Sept of America 2%s 1966 debentures 101% 102 101 103% 100% 100% *__ 97>/4 93% 42 94'/a 93 Va *101% 102% Jan-July 1023/a Afay-Nov debentures 1959 97% 97% 96% 99 April-Oct Mar-Sept 1967 3Vis 102 April-Oct Corp Universal Pictures *97% 98% 98 Vi 100 95% 95% 89 13% 12'/a 13'A 12 107% 7 7% gtd 4s series A 1955. -Feb-Aug fund series B 1957 .May-Nov Virginia ft Power Co— First and refund mtge 2Vis ser E 1975_ Afar-Sepl First and refund mtge 3s series F 1978-. Afar-Sept 95% First and refund 14 mtge 2Vis & Southwest consolidated First first 1053/4 103Vi 93 93 98 98 28 *103% 104 94 88 1 — .May-Nov 104 100 noivi 104 C 1973. April-Oct ser 1033/a 105 April-Oct First lien 107% 107% 100% — 100% 100 Va -Jan-July 1958 5s *106% 1979-. June-Dec gtd 5s 2003 Ry 3s series B 1995 and ref mtge 3 Vis Virginian G ser 103% 105 106% ■>103 sinking Electric Virginia 15 consol RR Consol 96 84% Corp— stamped 108% 108% Afay-Nov 2%s 1975 V 92 mortgage 4Vis series D 1977—Mar-Sept mortgage 3Vis Series J 1969 Mar-Sept jARut-Canadian 97% 60 Jan-July Aprll-Oct 100 33 Vand&lla ft 106% 101 R Gas 105 104 Pacific— 102% 103% Reading Co first ft ref 3Vis series D 1995__May-Nov Reynolds (R J) Tobacco 3s debs 1973 Aprll-Ocl General 128 103 26 1053/4 2%s General 119% — 104% *__ 101 2000 3Vis Orleans New of series 5s *127% 110 104 RR High 1970_AprZZ-Oct 1990-April-Oct B 2 Vis 1970 U S Rubber 2%s debentures 1976 Rochester Jan. 1 May-Nov 1956 1963 2%» Range Since Low NO. 104% 105 VB Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 United Oats Sold High June-Dee series 3%s first United Biscuit Co Quaker Bonds 105 Vi JThird Ave Tol ft 1984__Jan-July Feb-Aug and 3 Vis Pacific-Missouri Term Feb-Aug May-No® refunding mortgage 3 Vis 1968-Jan-JuZy refunding mortgage 5s 2037—Jan-JuZy refunding mortgage 8s 2037__June-Dec refunding mortgage 3s 1972__May-Nov refunding mortgage 2%s 1979_June-Dec and 102% v Electric ft Gas Co— debentures First 103 1st mtge 3 Vis 1977 Terminal 4s Service 102% Ry— First mortgage Ss 1983 First mortgage 2Vis 1984 Providence 1 92% April-Oct Elec 103 102 % April-Oct First Potomac Range Fiiday's Assn of St Louis- 88 102 First 1958 Pittsburgh Youngstown ft Ashtabula First general 5s series B 1962 First general 5s series 0 1974 First general 4Vis series D 1977 Terminal RR 87 Jan-July Aprll-Oct A Co or Bid ft Asked Low 102 1964__May-No® mortgage 4Vis series Plttston Sale Price 109% 19 Last Period Louis RR— Pittsburgh Steel 1st mortgage 4VAs 1958 Pittsburgh ft West Virginia Ry— First Week's Interest High 20 High BONDS New York Stock Exchange Pittsburgh Consolidation Coal— 3Vis ENDED NOVEMBER 3 Friday Friday's Bid & Asked Low Pittsburgh Cine Chicago ft St General mortgage 6s series A General mortgage 5s series B General mortgage 3%a series FOR WEEK Week's Range 101 94% 104% 102 % S Eaguenav Power 3s series A 1971 Et. Lawrence & Adlrond'k Second Et gold 6s Louis Mar-Sepl gold 5s 1996__Jan-July 1st 1996 Rocky Mt ft P 5s A Second mtge lnc 4 Vis series Et Louis-Southwestern Ry— bond certificates 4s A Paul & St Paul Union Ecioto V Duluth first & Depot 3Vis New England 1955_Jan-Ju!y Jan-July May 104% 65 71 W 75 Wabash RR Co— 76 98% -- — 98% 98 9838 32 70 VA 72'/a 288 Gen 101 90 73% May-No® Nov 55 121 121 1989_Jan-July 4s l968_June-Dec gold B *101 Vt -- 2022 Jan 1989 cons 102 74% — mtge 4s Income mtge income 4Vis First 100 75 VA 1971 121% 9 105% 105% Aprll-Ocl *104 % __ 99% 105 General Eeaboard Air AGeneral 1st Line 1989__May-No© 1033/4 104% 126'/a — mtge 3s series 101% 101% B 1980 May May-Nov ; 127% Eouthern Bell 3s Ala RR General 5s debentures 1985 debentures 1987 Gold 3s 68 V4 99% 97% -- 36 99% 493/4 54 *101% 101% _ 123% % 97'% 68% 103 V4 101 98 15 97% 123% 123% 2 123'A 124 103% 104% 17 103% 107% Penn Power Jan-July — 100 __ 1977 3 99% 100 3Vis 84% — 100 Va 101 Va 57 May-Nov 98 97 Ve 98 % May-Nov 1981 97 96% 97 debentures Pacific RR series I 4 Vis Pacific Western Union Telegraph 1966 833/4 110 3/0 96 92 debentures Wilson 100 ft first Co debentures S mortgage first 4s B 106% 104 Va 106% 105 Vi 107% 9 105% 106 105% 62% 62'A 63 Va 32 59 60% 62 68'/a 56 59% 52 643/4 27 1013A 104% 3 101% 102 101% 103% 105% 104% 104% 104% 17 1013/4 100 Si 1003i 29 99% 102 102 102% 151 85 1023/4 103% 104 May 3s 10031 102% 1973 1960 115VA 101% 6 1017/a 105 103 Va 103% 6 102 104 102% 12 102 103% 113 115% 103% 104 Jan-July 102 102 April-Oct Jan-JuZy 1958 108 102VA 105 201 107 *__ 107% Mar-Sepl Mar-Sepl 1992 100% *100% 101% —Mar-Sepl Jan-July *113% — 108% 110 Va 307 100% 114% 2 100'A A Certificates First Co— mortgage 2%a series E mortgage 2%s series F 1986 Jan-July 95% 94 95% 17 87% 97VA First 1996 _Jan-July 91'A 89% 91% 33 83 of mortgage 2%s 1961 Jan-July 95 95 deposit 69 77% ' 52% 43 40 53% " 51 Mar-Sepl Jan-July *__ Electric Light ft Power 2Vis 1976_Jan-Ju!y *97 2Vis mortgage Public Wisconsin 1976 1979 Service 3 Vis 1971 40% 51 100VA 99 99 Va *98% 2Vis 5 51 51 —- June-Deo Power 83% 78 73 Jan-JuZy 82% 102% 105% 105% 105% 107% 92% First deposit div and term first 4s 1936—May-Nov i ASu ft Du 103 V* of 81% 82% Jan-July general 4s 1949 A Certificates 102'A 102'A — 1971 convertible 106'/a 105 *105'A 106 June-Dec Mar-Sepl Wheeling ft Lake Erie RR 2Vis A J A First 101 87% 107 2014— Jan 103 104'A 105% ^Wisconsin Central Ry— 104 97 Va A 10011 ■> Co— Wheeling Steel 3Vis series C 1970 First mortgage 3Vis series D 1967 105 74 Income 57 101 *99% 100 & May-No® Jan-July 25-year gold 5s 1951 30-year 5s 1960 Westlnghouse Electric Corp— Wisconsin Electric First 1974 50 104% 104% 104 Jan-July 4s registered 2361 Jan-July Western Maryland first mortgage 4s 1952_April-Oct Gen mtge 4Vis-4s series A 1969 Apr-Ocl 2Vis 102 102% 102% *84 101 Mar-flept 1960 Apr-Oct San Fran Term 1st mtge 3%s ser A 1975-June-Deo Eouthern 3 Vis Electric Winston-Shlem A 1969 4 Vis 100 Feb-Auy 1994 (Oregon Lines) convertible Penn 2,65s 104 J an-July Indiana Ry 2%s Eouthern Pacific Co— 4Vis _ J an-July 2 Vis 4%s *50% __ 97% Aprll-Ocl 1963 1979 2Vis West Western June-Dee gtd Eouthern First 100'A Telephone ft Telegraph Co— debentures Gold 98 92 99 8 99 97% 75 Va June-Dee Eocony-Vacuum Oil 2Vis 1976 North 202 99% *98% ~ Union Oil 2Vis debentures 1971 AprZZ-Oct *§ASileslan-Amer Corp coll trust 7s 1941_Feb-Auo Ekelly Oil 2%a debentures 1965 .Tan-July ft 91% 99 June-Dec 1974 90 91% Shell Eouth — 95 VA 87'/a 101 55 Va ■*101 Jan-July 1979—Afay-Nov 3Vis 1967 mortgage 3s guaranteed mortgage. 1013/4 97% 2 94 2000—Feb-Aug gold 3Vis 85 73 23 95'A *53% gtd 83 73% 14 ref West Shore first 4s guaranteed 2361 ft Sons 2 Vis 1966 debentures *126 — Co— mtge 4Via series A Jan 2016 Eeagram (Jos E.) 3s RR 4s 83% coijv first West 1st gtd 85 82% 83 Terminal 2Vis series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec 106 104% —w series B Jan 1991 4 84 Vi April April 1981— Washington 122 117% 3 *105 Co RR series A Jan 3Vis series B 1971 Feb-Aug debentures 3Vis 1976—May-Nov mortgage Walworth Warren Second 4s inc bond certificates Et *.. *75% Gen stamped Et Louis-San Francisco Ry Co— 1st mortgage 4s series A 1997 First *103% 104 Va •• Aprll-Oct Eouthern series G Ry first consol gold 5s 1994 1956 and general 6s series A 1956 Devel and general 6Vis series A 1956 Memphis St Louis Div Div 3Vis first first Bell debentures gold 5s gold 4s 2%s 1996 1983 May-Nov 4Vis 2013 April 2%s 1971—May-Nov 96% Jan -July 101 % Eunray Oil Corp 2%s debentures ft 2Vis Co 100 . 1973 1213% 90 108 a Deferred delivery sale not included In the year's range, d Ex-Interest, e Odd-lot sale year's range, n Under-the-rule sale not included in the year's range, r Cash the year's range, y Ex-coupon. 96% 99% 102 included 100% 103'% not included 5 63 106% 107 the Bankruptcy Act, in the in §Negotiability 2 40 63 61 96 98% Impaired by reorganized under foection 77 01 —. 101% 1033/4 1 *993/4 100% 99% 102% ♦Friday's bid and asked prices; no sales being transacted during ABonds selling flat. \ 100 102 liThese 102% 104% ' - *1023% 103% . here Is a issues were not sale maturity. ^Companies reported as being in bankruptcy, receivership, or or securities assumed by such companies. 32 102'% 102'/a 100% 98 98 107'% 109 9 101% 102 . . 7 106'% 106'% 96'% Yonkers 102 104 • — 100 63 97 100 ^ 30 1003% 100'% Jan-July May-No® 2Vis debentures 1972 debentures — Jan-July 1966 963% 111 70 106'% *105'/a —— — _ Oil (N J) debentures 2 Vis debentures 1974 Bwift 106 100% 1985 93 93 96 *104'% 105'% Jan-JuZy Jan-July Aprll-Ocl debs ASpokane Internat first gold Standard 95 Ve 96 April-Oct April-Oct 1951 Tel 1 121% 121% Jan-July April-Oct Devel and general 4s series A Devel Southwestern " the Curb both Exchanges. listed previously combination »of all sales on on Exchange. current week. The 1950 years range shown NEW YORK CURB EXCHANGE WEEKLY RECORD YEARLY AND In the following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, Oct. 28 ending the current Friday, Nov. 3.' It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether or bond, in which any dealings have occurred during the current year. and stock RANGE FOR WEEK ENDED NOVEMBER 3 Week's Friday STOCKS i* New York Curb ■ Exchange •1 Range Shares AEC Vending ACF-Brill Acme Motors Aluminum -Acme Wire Adam Corp__ Co __ . - _1 9 Hat Stores 9'A 1 VA- .—1 — Inc 4% 10 Low High 9 warrants Alloys common 3% 1 VA 100 4'A 2,100 3 21 1 3% 4 1,300 2% 2% 1,900 2% July 3 % Agnew Surpass Shoe Stores— « Ainsworth 5 Manufacturing Air Associates Inc For footnotes common. page 10% — " 10'% Jan Airfleets Inc .—1 31. — 10 " - 11 4,800 10'A 1,700 . 10'A July 7% Jan -1 Alabama Great Southern Alabama Power 4.20% Jan Alaska 3'A Apr Allied & '5% „ ; 98 -14% May 13 Sep Allied Altes Products (Mich) Altofer Bros common 97 common a— 5 19 3A 19 3A —1 4% 4% • High ' 12 Apr 5% Oct Jan 5% 600 Jan 98' * 125 96 % Oct 300 33A Oct 4% July 5% "3% Investing Corp___l Brewing Co Low 7% 700 1 Fisher common Range Since January 1 103/« 3% 1 " international Shares High 50 100 preferred Airlines' Inc , 80 9% 3 — Sep Oct J——' . Appliance 5% July 13A May ——' ' (N J) see — Electric Air-Way 53/a Low Par _ Alles Supply Manufacturing—. Range of Pi ices May 30 ' Aero Last Sale Price 2 Jan 1 T. 11 Jan 300 30 4 High 7% July 4,400 29% 1 Range Since January 1 Sales for Week Week's STOCKS New York Curb Exchange tor Week of Prices Low ■ Friday Sales Last Sale Price Par . ~3% - 20%"-* 5 •, , 100 '"650 1,300 3 Apr Aug 15% July t 99 Sep 1Q33A AUf 5% Mar 6% Jun 43A Jun 21 Sep Aug 6% Jan 5% Mar 7% Jun 4% ,27 28 The Commercial and (1756) NEW CURB YORK Financial Chronicle .. Monday, November 6, 1950 . EXCHANGE RANGE FOR WEEK ENDED NOVEMBER 3 Week's Range Shares Par Aluminum Co of America $3.75 cumulative Goods Aluminum Industries Amer Air Filter 5% 65 67% 101 % 101 • > 7,700 51% 96% Casco Products 100 24 May 26% Oct Castle (A M) 6 Mar 8% Jan 101% Mar Jan 12% Aug American Beverage 1 — 1 1% A 700 78 % 77 230 80 15% Oct 1% Oct 1% Jan Jan % Aug 76 July Apr 85 3.50% 84% 83% 1 Products 6 % 100 Steel Ohio 34% 1 preferred Central 9% 9% Light 4% pfd 100 preferred,_100 7% preferred i 100 Conv preferred opt div series 100 Conv pfd opt div series 1929 100 Century Electric Co common 10 Century Investors Inc 2 Power & Light— Class B ex-distribution,... American Hard Rubber 1 22% 21% 23 20 — 20% American Manufacturing Co com 25 19 18% 20% 19 American Maracaibo 4% 5% Co Co American Meter Co American Natural Gas Co 6% American Potash <fe class Class * 2% Oct Sep Oct 10% Jan 23 150 18% Apr 22% Aug 1,200 14% Apr 8,700 3% Feb 19% Oct 5% Sep 22'/a 24% 1,700 21% Sep 30 % May 32% 32% 25 32% Oct 29 % 22% pfd___25 30% 125 37% May 31 Feb • B_._ Seal-Kap common Amer Superpower Corp common $6 series preferred American Thread American Writing Paper common 5% preferred 29% 29% 29% 1,700 31 Feb 40% 37% 40% 6,200 27% Feb 40% Oct 2 10c 10% 800 3% Jan 11% Oct • A_ 25% July 25% July 10 Chem American Republics American 4% 1 2% 2,750 25 Laundry" Ma chine American 700 2% 2% 2% 112% • 30% % 10% 11% % t°s 112% 114 4% 5 19,900 110 600 5 4% 133 Mar 5% July 8% Oct Jan 6% 5 Feb A Aug 106 July Jan Convertible Anchor Post Products,,. 2 1 Chamberlin Co of America Charis American dep ord reg rets Corp Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet & Machine Chicago & Southern Air Lines £1 — 1 3% Apex-Elec 1 7% Manufacturing Co Appalachian Elec Power 4%% pfd__100 — 10 100 5% Jun 7% Oct 6 200 5% July 7% Jan Clark 200 700 290 9 14% July 2% Apr 3% Mar Feb Common 6% class Gas A * common non-voting___ preferred ... „ Arkansas Power & Light $7 pfd Armstrong Rubber Co class A 4%% Aro convertible Equipment Aspinook preferred • 10 * 10% 11% 11 10% 11% 10% — Auto Claude Corp 30 15% 39 % 9% 13% 1,200 15 1 39% 9% — 9% 2.50 400 13 __ 125 Electric Tel & class A * 1 Voting Machine de los common 3 100 300 2% 2% 5% 600 8 200 17% 17% — 15 2,700 1,300 Shoe common 1 12 11% 12% — — — 900 1 "5% 13,600 10 10% 5,600 common Ties common, Beck (A S> Shoe Corp.,,,,. 1 Bellanca 1 Inc Blue common Blumenthal 1 — 4 common,, (H C) Breeze Corp Bridgeport Co common 1,200 2% 200 Co___ — 500 class A Distillers * Inc. Coro 52 Oct 78 July 9% Jan 13% Aug 3% Sep 5% Mar 1 dep receipts Brewing 6% Feb 800 13 junior preferred Cent Petroleum Cork Internat'l Drug Co oct Crown Oct Crystal 17% Feb $6 Oil (Md)_ "A" partic common,. preferred Cuban Atlantic Tobacco Jun 16% Oct Cuban 1% Mar 3 % Aug Curtis 37 % Aug Curtis 9% Sugar common Sep 11 22% 400 22 % Oct 23% Oct 121/4 1,500 10% July 14% Feb July 5% Jun 113% 3 21% Nov 22% Aug 16% 10 10% 85 1,600 Apr 7% Manufacturing Co (Mo) 11% Oct Davenport Hosiery Mills 13% Jan Davidson 11% Oct 72% Oct 425 51 4% Mar 75% July 18% July Jan 24 10 24 — — —- —. - 20% 20% 6,000 9% 9% 1,500 4% 16% Oct 86 1,800 Mar Oct 3% May 3 May 13% Jan 21% Aug 30 Jan 36% 7% Jan 12% 7 Vs Jan 12% Oct % July % Jan 11% Jan 18% 19% 36 200 10% 10% 200 ft % 2,300 9% 10% 400 8% July „ ft 10 700 6 Aug 7% Jun Oct Feb 6% 15% 100 14% Sep 17% Mar 11% 12% 6% 15% ( 12% 9,400 5% Jan 13% 34 % Jan 67% 58 62 975 x4 x4 200 44% 60 2% July Oct Oct Apr 49% Jan 1 % Apr 3 % July 10,400 1% 4.800 1 3% 2,300 8% 8% 5 8 7% ;* 11 10% 10 5 800 6,900 250 2% 2 2% 2% * 8% 8% 11 1,600 2% 100 Nov 4 2% Mar 30% 46% 1 3 46 % 5% Jan 5% Apr Jun 10 1 % July 2y8 Aug 10 Sep Sep 8% 12 Oct Mar 57 10 3% Jan 3% 25 24% 25 4,700 Apr 11 11% * 300 48 Aug 63 18'A Jan 29% Sep 9 Jun 13 Jun 5 % 57 57 2.50 5 13% 14% 36 13% 10c Aug 8 Oct Apr 36% 250 July 15% Feb 32% July 36% Jan 11 35 27 Dejay Stores common Dennison Mfg class A common 50c 5 Sep 8% Jan Detroit 21% ! debenture Gasket & 100 Manufacturing — —— — — 26% __ —— 300 27 Oct Detroit Gray Iron Foundry 5 Jan 11% Oct Detroit Oct 25% Feb Devoe Jan 23 Aug Distillers 32 Feb 34% Jun American 28% Aug Dobeckmun 21% Apr Steel & Jan 8 — __ — 11% 11 7% July Apr Apr 2% 2% 700 4 2% 4 100 ...* 2% 1 % Mar 2% 17% 10 5% 5% 10% 10% 18% 6 2,300 Eridge Steel class A Ltd Co & Coal Sep 28% Oct Driver 4% Jun Duke July 18% Oct DuMont 3,600 10% 5% Jan 2,000 8% Jun Mar 6 13% May Harris Power Class A B__ common 25 * Co__ 10c common,,,, Rubber Co 15% July Duraloy 5% Jun Oct Durham Hosiery class B common Jan 13% Oct Duro 2.50 18% Xl7% 18% 2,100 13% Mar 18% Oct Duval 7% 400 5% July ft 28,000 7 7 4 % A 3% 4 5,500 9 Sep Oct Apr 8% Oct 8% 13% 300 11% 2% 12% 2% 200 9% Jan 12% 1,500 1% Jan 2% 23 23% 800 20% July 26% Jun 14'A 200 9% July 14% Nov 13 700 10% July Feb 135 14 14 % Mar 146 Jan Nov Apr 24% 24 25% 5,900 24% 24% 700 31 32 500 34 31% Apr Oct July 51 14 % July 25% 20% May 24% Oct July 11% Oct 27% Aug 32% Sep 24 % Mar 25 Oct Jan 93% Jun 17% Oct 21% Sep Sep 6% Oct 1% 9 'A — __ 2 17 5% 8,900 Apr 85 800 4% 11% July 3% Jan 35 400 2 16% 34'% 150 5 % May • Oct Oct 17% 17% 17% 11,000 Corp common £1 Sulphur & Potash Co 3% 1 * 1 '£* 4% 17% 3% 3 14% 4% 17% 400 125 17 1,300 4% 19% 10,100 13.800 2% 11 Feb July 3% 17 Apr 13 Oct Jun 5% Apr Mar 3% 19% Oct Jan H Sep A July 3 5% July 30 Ltd— 11% Test Jan Laboratories— B) 1,200 Oct x25% * 1,100 8 60 27 4 10 13% 20% 3% 2 Co___ (Allen Dunlop 7% Apr * class Draper Corp common Jan Apr 1% 16 __1 * Jan 6 % 5,900 4% 1 common * 2% 11 14% dep rets ord reg 4s Co Dominion Tar & Chemical Co Ltd 23% 600 3ft — 23'A 1 7% 2% 26% 8 Ltd— Finance Corp Dominion — 1 1 Raynolds class B Co 8% 13% 10 Products 1,100 7% — 5% Jan — __ Mines Inc Dayton Rubber Co class A 17 ( 1 1 1 1 23 -- 12 %c 2% Mar 100 3 2.50 Inc Day 26% Jun Brothers 19% Ring Co__ 78 % Mar 800 1% D Fed 170 85 85 24 Corp Amer dep rets 2,300 3% 34% Jan 7 12% Burry Biscuit Corp 111% Oct 14 Lighting Inc common 18% Bunker Hill & Sullivan, . Sep Oct 11% 100 9% 2,50 Apr Oct 8% 3 % * common 12% common Line 5% 66% 400 18% 25c common Refining May 6 300 1 common Nov 1% 1 Crown 19% Piston Jan 1 • Burma 4% 6 5 Motors Inc Crowley Milner & Co "5"% ' 18 — 107 3% (ord reg)—£1 Co Crosley 10% Oct .50 preferred, • Burd Oct 2,800 Ltd— Petroleum Croft Jan Jun 1 common convertible 6 % Mar 3% 68% 1 — * Petroleum Buckeye Co 6% * Bruck Mills Ltd class B Pipe — -5c dep rets ord reg (The) Co (E L) 11% * American Bruce Oct 35% Oct 15 * Co 5% 11% Jan 66 10s Oct 300 22% 16 67% ♦ 21% May Dominion Textile Co Ltd reg B Rubber 13% Mar 18 1 (H) Distillery Ltd— Class A voting Dominion dep rets ord reg.__ cumulative 700 21% 4% July 11% July 22 7 % Mar £1 4% 19% 25 700 8% Feb 900 dep Brown 1,200 4,900 8% July Tobacco— Power 10 40% 5 5 5 12% Jun 11% 20% Oct s 8% 9 10% * Oct 7% Jun 22 '*»•« — — 24 12% 5% 14% 10% 13% 15 % Mar May Feb British Celanese Ltd— Columbia 12% Mar 8 Jan 9 £1 Forman Oct Jan 67/« 10% dep rets ord bearer Class Oct 18% July Jan 8% * Amer British 83% 16 3% 4% July 7% July 10,700 Amer Brown 63% July 500 6% Paint & Varnish Co Domestic Amer 20,200 17% 39% Oct 21% 22 • Co ord 84% 17'/a 150 19% 4% « rets Sep 80% 1,200 Jun 14 4% British-American American Apr 1% 83% 1 8% ' — * British 8% \% Apr Corby 4% Brillo Manufacturing Co common Class A Oil 6% July 8 40Q 1% 110% 337/a Mar 14% 2% — — 1 Light & Power common Light 1,900 1% 7% 1% 2,800 Cook * & Co common... Gas Feb 7% "7% 71/2 Continental Foundry & Machine Co, ..1 1 common Traction Oct 10 3% Oct 9% July 3% July __3 5 % % prior cumulative preferred.100 Borne Scrymser Co.,— 25 Bourjois Inc 1 Brazilian 25% Jan 6% July 62% Jan 5% — 13% 2% 1 Fdry & Mach Co com,* (S) — common__25 common Ridge Corp Bohack 1 common Birdsboro Steel Blauner's 17% 400 7% Feb 12% 1 Beau-Bfummel Hedges 200 8 10 Utilities- Crown — ~5 & Sep 24% 7% in American 10% Bickford's 67 23 24% 1 Creole 75 Canada 60 % Mar 3% 3% 14 "5% of 325 62% 6% 10% 1 Telephone 64% 62% 60% 600 1 Benson 63 1 25 Manufacturing Co Apr 550 2,800 70 Benrus Watch Co Inc Jun 5% Oct 75 • Bell Oct 125a 5% Jan 4 Barcelona Tr Lt & Pwr Ltd.,. Aircraft 10% 9 % Mar 8% 5% July 44 5% 7% 17% 15% Jan 2% 450 4% 18% 8 7 41% 6,400 57 71% Co Jan 900 6 Nov Earium Steel Corp.,.,. Refractories Inc, & 50 10% 9% 1 Aug 75 Jan 9% 10 10 __1 Airlines Public Service Machinery— 1 Vs 7% 5% Hotel Inc, 7% July Jan Compo Andes— (L) 6 ordinary Community % Mar • Basic Baumann 1,600 Nov Commodore 5% July Co shares 6% * common Oct B American 6 73s Aug 3 Co Plow Development 5% Banco 6% Jan 10% Oct Courtaulds Baldwin Rubber Co Jan 3% 35 40% Oct 400 7 ,.25 Wilcox Jun 38% 4,900 1 Colon Cosden & 4% Oct 10 61/4 Apr Mar 100 8 5 preferred Babcock Feb 4% 351/4 5% Jan Oct 4% 17% 18 5% * common Corp 3% 100 4% 35'/4 5% * Jan 56% 4% Products Inc Collieries Oct 6% 16% 12 2% — l 6% 9% 9% 41 77/a 73 A 1 Automatic Steel Ayrshire Feb 36% 116% % — 50 Corp warrants,..,,.. Atlas Plywood Corp & Sons 7 9% Co July 7% £1 * Atlantic Coast Line Co (B F) 100 35% — Atlantic Coast Fisheries Avery 9% * Atlas Automatic Feb 9% 391/4 Products Aluminum Industries— American dep rets reg Associated Laundries of America Associated Tel 21% 1 Inc Consolidated Gas Associated Feb Oct Lambert Manufacturing—4 20 & July Sep 14% 21% 8% Apr 12% Jan 8 200 71 Colt's 9% 200 9 Jan Colonial Sand & Stone Co 2,300 Mar 9% 9 1% Oct 11% 173 9 18,500 Jan Jun Feb 4% Colonial 7% Oct 22 41/4 Oct 800 July July 110 Jun 4% 35 110 500 153 11% 98% May Apr 12% Feb 500 9% % May Sep 9 Oct 6% 11 July 92 Jan Club 8% July 8 25 2% Jun 10% 600 1,200 113% 11,000 10 7% Jan 86% 3,800 Jan 12% Jan 5% 109% 8% 81% 23% Clinchfield Coal Corp common 2,300 170 4% Oct 6 % May 84% 22% 8% Jan 148 Jan 5% Neon Clayton 37% Oct 4% 1 Co July 3% 150 ,1 Co Controller 5 13,400 111% 111% -- • 50 Corp. (The) 11 5% 11% 5% 9 5 10 6% 1,700 5 10 4 ♦ * 1 Cities Service common Stamping City & Suburban Homes 13 13 3% 3"% 7% 8 HO 110% 5% 1 , ...... Arkansas Natural Mining— Consolidated Cockshutt Argus Inc.—*,; certificates trust Voting Chief 3% Mar 21% July 4,200 94 94 ~9 35 Jan 6% 6 10 common Clarostat Manufacturing Angostura-Wupperman 10 1 2.50 common 6 6 Inc common Co 6% — Angerman Co preference—. Aircrait Cessna City Anglo-Iranian Oil Co Ltd— 34% Central Power & Si Central States Elec 6% American Cities 600 6% Jun 6 Aug 650 5% 5 10 High Low 5% * common & Co Corp of America Central Maine Power Co— Range Since January 1 High 1 Catalin 7,200 100 (J W) Co common Carter 350 1% —- Sep 200 1 Co 73% Jan Low Par 7% 1 Book Shares 101% 26% 1 American for Week 7 26% § American Eantam Car Co class A common Range of Prices High Low 15 pfd conv 65% ..• common Sales Last Sale Price Friday Range Since January 1 High 100 preferred,... Manufacturing Aluminum Low • common Week's STOCKS for Week of Prices Friday Exchange New York Curb Exchange Sales Last Sale Price STOCKS New York Curb July 5% Apr V; 4% % Eastern Malleable Iron Cable Electric Calamba Eastern Products common Sugar Estate 1 Calgary & Edmonton Corp Ltd California Camden Electric Fire * ! Power, Insurance 6%% Canners Convertible Canadian 7% Ltd common common 1 common Co 3% 7% X7% — 21 common 5 __ 27 Apr 5% Mar Jun 8,300 5% July 8 7% 3,000 21% 325 7 % July 20% July 24 44 26% 44 A Oct 9% Mar Mar 27 100 35% 900 25% July 21% Oct 27 Oct 21% Oct 16 16% Aug 21% — 21% 25 — — — „ 3% — — 3% 22 35 ,__1 » Carolina Power & Light $5 pfd: 8% 44 July Apr 3% 22% 36 8% 13,500 1 Oct 17 800 79% 79% 81% 111% 111% 3% 3'/a 3% 150% Mar 4% Jan 32 200 325 50 3,100 26% Aug 39% Aug Jan Sep 7% July Apr 9 Jan 4% Jan 84% 114% page 31. 2s 6d —m mmrnm — tmmm Share common Electrographic Corp common Empire District Electric 5% pfd Empire Millwork Corp Emsco Derrick & Equipment Equity Corp common convertible preferred July * 2% „% firl 1 Corp Ltd £ll Eureka Pipe Line common 2 % July 4 Jan 65 % July 89% Oct 60 % 82% Oct 85 400 25 24% 23% 24% 800 18 Jun 83% 83% 83% 1,225 75 Jun 85 11% 12% 1,700 Jan 13% Aug 18% 1974 31,300 14% July 23% Mar 19% 11% 11 1 5 _10c 1 800 Oct 78 6% — 700 107 107 100 £1 27/a Oct 73 % Mar 84 * .—5 2% 11% 22 78 — 10 7 700 8% ~ "10 ~i% 30% ~1% "l% Feb 5% Jan Feb 27*% Sep 19% 108 8% 1% Nov 1% 31 1,550 30% Oct 32% 300 % ft 18 18 26% 28 4% July 3,500 ft Jan 25 12 Sep 1,100 20 July Aug Apr May Sep 19% Mar 16,900 5 5 ft May 10% July 103 12 1 Esquire Inc Eureka Jun 24 Oct Oct 6% Aug U Apr 21 Oct 30% Oct Jan 3% Common shares of beneficial int $2 62 100 * $5 pfd shares of beneficial, int Easy Washing Machine class B & 445 31 ♦ preferred series B Eastern Sugar Associates— Bond 69% 31 10% Jun NOV States Corp preferred series A $6 Electric Jun 67% 31 ,1.0 Oct 2% July $7 Jan 63 111% • Fairchild £1 rets B ord 2% 150 Ltd— For footnotes see 150% Mar 2% Mar * Co_._. Amer dep rets A ord Amer dep 5 July 7% 2.50 Carr-Consolidated Biscuit Carreras 3 100 6% 100 Carey Baxter & Kennedy Inc Co 500 6% 100 Capital City Products Capital Transit Co Carnation 4% 4% Ltd— preferred & — • * Canadian Marconi, Carman • 20 Ltd preferred Industries 4% 4% — . • preference Canadian 1 5 Canada Bread Co Ltd Canada Cement Co 50c 10 11 69 25 common prior preferred 10 nib Eastern Gas & Fuel Assn 11 Sep 1% Mar 11 Sep 1% Mar Fairchild Fansteel Camera & Instrument Engine & Airplane^ Metallurgical 1 1 ^.* 27% 7% 15 6% 7% 30,200 4% Jan 14% 15% 6,200 10 % Jan 7% Aug 17% Sep Number 4957 Volume 172 . . The Commercial and Financial Chronicle . (1757) NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED Week's Friday Last STOCKS Association Fire First York (Phila) — Corp common cumulative preferred Fishman Ford <M H) Motor Ford of 29 9% of Pitt 4% 4% Franklin 47% 9 Jun 1,000 1 47 50 4,800 *1 50% 52 900 11 % 1 11% 11% 12 2,100 8% receipts bearer. Co Brewing . - A) preferred _ 11 May 5% Jan 21 Jan 52% Oct Jan 54 Jeanette Glass Jefferson Lake Jim Brown Co common Sulphur Co Stores % July 11 % 1,000 Jan 7 % July 7% 34% 34 34% 150 — 5 Co Power 10% 10% 1,100 -* common preferred 1% common Acceptance General Alloys General Builders 5% dep General 5% Corp 9y» Sep Feb 38 Aug 10 Jan 14 May Co rets Finance Jan 5% 6 3,100 4% Jan Outdoor Julian & Kokenge ZZ. Co Kawneer 1 ZlOo pfd Georgia Power $6 C) $6 Gilchrist Gold Gobel 2% Kirby 81/4 200 6% Apr 8% Oct Knott 6% 6% 4,800 5% July 8% Jun Kobacker Stores 8% Jun 20% 21% 900 Krueger Brewing Co Kropp (The) Forge Co 3% 3% 3% 14 2V2 July Sep 4% May 23% Mar 1,500 14 250 class B 112 VA 112 V* 1121/4 Feb 2% 24% May 107% Inc Jan 4% class 25 111 July 116% May 109% May Feb 3% 4,500 3 6% 3,200 20 5% Mar 18 Va 20 550 17 17% 300 151/4 15% 17 Jan 13 28 17% 14'A 109 Mar 6 4% Jan 8 May 22% Apr Jun 18% Oct Oct 28 Oct 2,100 12% Apr 17% 17 2,000 10% Jun 21% Sep 21 2,000 11 Jan 21 Aug 3% preferred class Co Jan 30% 500 14 Oct May 2,700 200 —_—_5 x9% 10'/a 700 6% July 8% July 141% 225 112% July Klein Lake 150 129 May 137 10,000 1 Apr 9 Jan 138 Paper. 1% 1% 46 V* ——. 24% 47 900 38% July 21V* July 16% Mar 8% 12% Hamilton Bridge Hammermill 105 Vb 70 7% 2% 25 10% 100 9 Jan 200 107% Oct 112 Apr 18 Electric Hartford Hartford 31% 10% Feb Feb Heam Class A 5'/2% 4% & Mfg 6 6% 800 5% Oct 7 10 10 10% 400 20 20 20% 900 12% 12% 13% 18 18 .5 . 6% 25c ♦ __ w_ _ 42 Feb Jan 32 Jan 3% 3% 900 2% 11% 2,100 18 1,000 1 <Geo A) 10 1 Hardart <fe Hardart _ ... Baking 2% 15 . 9% 600 8% Mar 3% 400 12% Mar 14% 1,800 9% 500 10% July 7% Jan 14% Mar 9% 10% Oct 10% 10 16 Jan 10% 200 3 «... 3% 7,200 15% 3% L'Aiglon Lake Apparel Shores 5 Company Inc Mines 1 171 ... * 31% — common — _ 6% Oct 9 Oct 7% July 2% July _ _ . _ Food Jan Lanston 13% Jan — 46 156 Oct 171 Nov 375 31 July 34 Jan — 42% May 106% Jun 111% Oct 1,000 18% Jan 25% 2,700 80 Mar 103 Va Oct 3% 200 3 Sep 4% Jan 53V4 100 Jan 53% Oct 2% 13 3% — 2 % 500 2 Feb 3% 700 12 July 18% Apr 3% 100 Sep 3% Apr Jun 18% 3% 17 Oct 14% 2% 13 17% 1,000 3% 13 Apr Jan ,/• Illinois Zinc Co common. ♦ — 14% 13% xl4% 25% 25 3,300 7% Mar 8% July 12% Jan 6% 6% 7 1,500 5% July 8% Jan 7% 7% 7% 800 Jan 8/8 Jun 20% 20% 400 16% July 22% Jan 5% 5% 200 7% Jan Machine Extension University 5 20% American Le Tourneau Lionel 5 . , Loblaw G) 10,500 Lone Registered _* * class Star Gas Co _ 15 2,300 10% Jun 16% 21% 3,200 15% Jan 24% Apr 11 11 500 9% July 12% Jan 25 25% 175 25 25% 3,600 9% 300 32% 30% 111% 111 % 12,100 26% — — ._ .10 25% 1 (Texas) Louisiana Land Louisiana Power & Exploration & 9% .1 31% .. * pfd. Light $6 —, — Indianapolis Pwr & Light 4% Co Insurance of North 9% ■ Corp — Stores common Manischewitz (The B) Consolidated Mapes 11 ..10 Mangel 11% 12% 12 14% Co Mfg International Cigar International International International series McWilliams Metal A— 8% 800 A preferred Iron Intcrnat.onal Products International Safety Investors Iowa _ 6% Iron Fireman Manufacturing Chute Irving Air Italian Superpower Corp Fox footnotes v ... see com page t c— ... cl A— 31. 1 • 2,600 6% 1,500 7% ~8% 4,100 6% 6% 300 Middle Oil Midland $2 Miller 8% 9% May 2 Oct 9% 9 9% 2,400 7 Feb 9% Oct 10 10% 300 7% Feb 12% July 8% Feb 14% 1 shares dividend • 25 9 % May 26 150 23% July 26 16 2,150 12 Apr 17% July Jan 4 % May 4 % 4 % 23% 23% 100 3% 4% 3,100 3 preferred Pwr & Service 31 13% 14% 15% 103 pfd—100 600 103 2,900 50 11,400 50 Sep 10% Mar 9 Sep Oct Oct 7% Aug July Apr 32 Va Jun 15% Jan Sep 100% July 105 Mar Feb 43 Jun 10% Aug 6% Mar 1% July 105 Jan 106% 100 101% July 107% Jan 102 102 25 101'A Aug 102 97 3% Apr • . ~2% __ 2% 177 35 2% 500 2% 140 176 % Jan 35 25 33% July Oct 3% May Jan 181'A Apr . 186 Aug 38 Jan 4% July 6% Feb 17 500 13V2 Mar 17% Oct 30 31% 900 28 35% Mar 4% 4% Jun Nov 3,300 17 4% „ Apr 103% 5 29% 3% 900 2% pfd 4.50% Jan 30 6,200 2% 100 series B—100 preferred series C 100 Monroe Loan Society com class A 1 Montgomery Ward & Co class A * Moody Investors participation pfd • Morris Plan Corp of America—.—10c Mountain Producers 10 24% Jan 22% July 1% Feb 2% 8% Monongahela Power Co— 4.40% cumulative preferred cumulative 20 Feb 105 1 1 common 3% 34 • common Corp Pictures 5% 31 50 * Light 5% 5% 5% 50c common Mountain States * Power common Tel 5 * 31 100 Vernon-Woodbury Mills Mfg Co. States Tel & 2.50 10 50c common 102% 103 24% Apr 7% Apr 13 Oct 7% Jan 13 Oct National 13% 12% 13% 2,200 10% July 14 Oct NationaDMallinson Fabrics ft APr 16% May 84% May National Bellas 30 V* National 1% Aug 1% July 2 105% Jun Jan 41% Sep Jan 48% Oct 9% 400 7% Apr 10% Aug 16% 400 12% Feb 8% 8% 2,400 14% 14% 500 12% 4% 8% 24 32% 16% mm mm 200 250 4% 300 3% 3 3% 5,400 6% July 16% Nov 11% May Nachman 7% —.10 Corp Inc 1 common— Hess Breweries Fuel f 3 1 common • common preferred 14% — 20% 11% 20 21 Va 34% 25 • Gas 34% 11% 12 3 Apr 15% Jep Apr 5 May July 4 Jan 32% Feb 510 19% 150 32% July 36% Mar Jan 13% May 10% May 3.000 10% Sep 8% 8% 800 7% Apr 13% 13% 300 10% Jan 15 Sep 12% 13% 7,000 8% Jan 15% Jun 7% 8% 1,500 7% Sep 9% Jan 8% 8% 8% 800 6% Jan 9 Oct 18% 18% 18% 8% Aug Feb Sep 88 Feb 40 45% 9% 1 68 97 40 44% mm mm 1 400 Aug July 12% 40 July N 100 15% 4,300 14% 15 1 4,700 15 12% 10% 25% • 11% — 12% 10 Co Public 4.80% Jun 10% 12% —- 50c Co Molybdenum 55% Mar July Feb preferred—* Mining Corp of Canada Monogram Mar 8 Products— convertible Minnesota Jan 1 Refineries Wohl Sep 3,800 Piping & Supply common—* 4%% Jun 10% 1% common Oil Midwest Jun 110% 1% common conv Mid-West Abrasive Mid-West 5% 49 ' ^ 1 Petroleum Steel Co 10 Jan Apr 1% Corp Corp $1 non-cum Midvale 4% 3% Aug 108% Mar 5 Feb 17 Jan 10 Hone States Midland mmm* 1% Apr 12% — Oct Oct 10% May Jan 11% __ 40 % 38 6% 11% » Jan Apr 7% 11% 100 __ 8% Aug Feb 18% 27% • preferred Micromatic Mfg & Stores common— 95 18% Aug Mar National Pressure Cooker National _ 6% Jan 500 common 125 2,600 Sep 2% 400 11% 1% Mar 7% 1,100 1% ' 9 83% 1% ■ 8% 81 1 31 41 27 7% 83 1 July 34% May 8% 1 11% Service Co— preferred 8,400 2% 15 100 1 , Oct Aug 2.50 Tube. 13% 1 18 11% July 13% 2% 25c 13% » B— Royalty Public 3.90% 10 Razor Apr 15% Mar 6% Mar 12% 6 Textile Metal 13 98 % — ' 600 8 1 Jan 80 - 12% 8% 100 . Co Nov 118% 125% — — 2% 13 — 6%% Mesabi Muter Company * Jan 11% July 11% July . 1.400 40% 8 8 Merritt Chapman & Scott Corp— Warrants 11 8% _ - — ' Muskegon Piston Ring common Muskogee Co common 300 » shs coupon -- 7% 1 Namm's Industries Petroleum shares Registered 100 38% 38% 1 Oct Feb 500 * 14% 1% Aug * Dredging 28 V* 11 50 _ July 8 Vb 500 - — — National $3.50 12 £1 18Va Mar Hydro-Electric— Preferred Oct 1,600 rnrnmm Mt 11% 102% 34% May 113% Mar X110 ' Co.. Murray Ohio 11 102 Oct 10% International Marine Marconi Oct 11 * Machinery 12% * Oct 5 102 28% May July 7% July 26% Jan — 12% 14% 1 - 4% 3,600 125% 27% Mar 22 M 28% 25% 10 Jan 22% July 10 — .5 18% Mar 25% pfd__10o America- 29% May 28% Sep Apr 26% ' — — __ _ Longines-Wittnauer Watch Co Oct 14% 20% * __ 14% May Feb 11 * A _ Chain.. Aug £1 — „ Imperial Tobacco of Canada. Imperial Tobacco of Great Britain & Ireland 25% 26 4% Aug 12% 14% • B Steel Lynch ' 21 • ... common 3% July £1 Sep 6% ' 1 Inc. common Groceterias Class Locke L— 1 common (R Corp Brothers Mountain dep receipts registered (Canada) coupon. 4% ' Realty 16% Imperial Chemical Industries— Imperial Oil Mar 5 1,700 1 Monotype Salle Lefcourt Missouri 99% 48% 15% May Jun 12 700 9 Feb 130 31% 24% « 200 4% — — ' La Midwest Sep 3% * 5 Oct 3% 53'/4 1 Products 75 10% 45 98% 1 Securities 44% 171 Sep 4% 8% Foundry & Machine Lamson Corp of Delaware Oct 57 Jan 241/4 ♦ . preferred convertible Hydro-E.ectric Jun 3% 5 . Mar 12% May 98% « Manufacturing Co Refrigerator $2.25 pfd— — 77% 24% .5 . & 31% 102 6% July 30% July 167 3% Jun 8% Lakey Michigan Sugar Co 44 y2 Mar 2,000 Oct 1% Oct 1 Ltd 22% 100 3,800 2% Jan 14% 12% 15 1 Michigan Steel 1,200 10 2% 44 y4 » Co. common (Harvey) Inc common Oil & Refining Hygrade Nov Jun __ — preferred 1st 93 70 * . Co. & fz Huyler's 20 8% May lf8 Jan 10 12% —— 33%c Oct Oct 100 6% 22 Jan Jun L Laclede-Christy Jun 100 57 Apr 14% 12% 5 Sep 8% Mar 14 Vb 72 6 5% Jan H July 8% 10 13% 14% 10 8% Apr July 18% Corp common Participating preferred Michigan Bumper Corp Apr 10% July 9% July Horn Hussman 93 * Horn Lock Jan 72 54 5 Mines _ common. 11% Mar 22% 6% July 9% July 13 10 6/4 .10 . . 93 54% 10 - A Gold Inc. Co 93 __ — 1 preferred Inc Horder's Humble 100 Jun Jan Sep Sep 11% July 1 common Consol Stores Hurd 700 2,100 „ 100 _ _ common class Co Holophane Hubbell 7 2 _ -.100 w Co Co & Hollinger 5% 6 1 . convertible Hormel 2% May 9% 9Va 6% Aug Jun 3 Jan __ preferred 53% Jan 1% 2 _ common Oct 1% 300 16 May 33 % Oct 2,000 _ (R» Holly 45 Oct Va 107 Feb 21 17% Apr 29 1 % . Co common Eolt 5% 460 , 12% Feb 2% • preferred Higbie 46 Aug Jun 1% * Co Henry 451/4 9 2% — Rubinstein Heller Hoe Inc——J Corp. Mining Helena 14% 1% . - Dept Stores common Hecla 100 500 7 1 . _ Hastings Hazeltine 12% 27% 1 Co Mfg Co Hathaway Bakeries 12% 27 46 ...25 common Brewing 4% Mar 27% . Light Rayon Harvard 900 Jan 16 100 — 5% Sep 12% Aug 103% 1,000 * 5% 14% Jan 9 1,000 % Rubber Co Mar 26% 18 V* Corp Jun 21 10 % Mar • Sep __ 5 . 8 112 34% 1 Oct Oct 47 xl4% July __ common 75 Ltd Co Feb 10% • Ltd. Co Paper — 11% 300 Sep Sep Jan 107% 1091/4 .5 _ — 350 9% Jan July 3% * _ 14 11 .10 Co. 15 Apr 24% 200 108% common M Co (IB) Hotels 4% 30 1 G (D Emil) H Lamp 22 % May 25 Vb 146% Mar 134% 134% Co 25 Griesedieck Western Brewery— 2 Grocery Stores Products common—25c Gulf States Utilities $4.40 pfd 100 Gypsum Lime & Alabastine * Hall Jan Oct 34% Tea— l7/e Northern Oct 7% 33 7% 134% Great Jan 51 Apr 22 V* July Sep % 15% Chemical & 84 7% 1 Oil Sep Sep —1 pfd—25 conv Pacific Petroleum Kirkland Apr 50 38% Jun Sep 4% 29% 4 Jan Jan % 8,500 4% Jan Mar 45 Non-voting common stock— * 1st preferred———-——100 Lakes 1% 25 74 ~~ft "% 1% Great 200 * . Rapids Varnish Manufacturing Co & 36 50 u A Graham-Paige Motors 5% Atlantic 2,600 41% 35% • 1 Mines Manufacturing 3% 3'/4 —* Gorham. Manufacturing common Great 3% 700 15% "7% Oct 16% * Consolidated Gray Jan May 20 21 —1 A_. Goldfield Grand Oct 3% Feb Oct Feb 107% 1 common-, Sugars Inc 23% Jan 14 3% ~3% 5 Inc Sep 17 '/a July 100 * Goodman Gorham 6% Jan 47,600 15% —— 1 Oct 1% Mar 7'/a 105 50 Kingston Products 2IV2 25 Co B $4.50 .prior Jun 6% 1% July 18% 10% • common preferred 550 14 —* (Adolf) Class 3% 110% 13% — 1 Lit Godchaux cumulative 1,000 7% * Coal Distilleries County Lighting 4% King Seeley Corp 1,200 .1 Mines Co & Kings July 6% May 2% 100% 1 Co Oct Sep 9 6% 17% 100 2% * - McBean 16% 97 preferred 21V* * common Gladding Cr.ion 2% July 17% Jan 13% 5 21% preferred—* preferred— $5 preferred Gerity-Mieh Corp Glenmore 200 17% ~Z* ~6% 20 Service Aid en 2% 110 — -Z.ZZZZZZZZZZZZZZZ5 2% 50c : preferred Yellowknife 13% July Jun 10 6% Public <A 300 6% ♦ 8% 5 100 common Adv General Gilbert 7,400 -- Co Kennedy's Inc Key Co common 21% 2% -- _1 common pfd ccnv 5,300 2% K Kaiser-Frazer Corp Kansas Gas & Electric 4%% Kleinert Plywood Corp common General 2 £1 series A Fireproofing Globe 4% 2% com—1 25 Corp reg Corp pfeierred Glen 1,500 Ltd— ord General Giant 1,000 1 _ preferred General 5% 16% "7 89 % * Supply Electric Amer 6% 23% 2% Feb Jan 29% 15% 1 : Co convertible General 5% 2% 22% Oct 18 11% Jan ~6% 100 ; Co ' General- High Oct 4%% Mfg Low 21% 6 J)ZZ (N common. (Walter) & Co Kimberly-Clark Corp— 5% Range Since January 1 High I J Kidde Gatineau LOW Apr 22% __ 50 . Co 8 V* 8 1 Inc common. Co convertible Gellman Shares 3% Aug 3% July 112,400 1 1.25 — deposit (Geo for Week Par Jan 33% Sales Range of Prices Preference * Simon & 4%% Fuller July Week's Last Sale Price Exchange France— Brewing (Peter) 76 Apr 28 300 9% 4% voting American 2% 25 9% non-voting B Fox 29 —1 — • A Fort 2,800 July Canada— Class Motor 55 * Class Ford 220 3% New York Curb High ' 1 deposit rets ord reg Motor 3 £1 Co Inc.. Low 62 60% 3% Friday STOCKS Range Since January 1 High Ltd— Co American 62 _10c dividend $2 Shares Low —10 3 for Week of Prices Par NOVEMBER Sales Range Sale Price New York Curb Exchange 29 Radiator Co National Rubber 300 13% Feb National Starch 7% 7% 300 5% Jan 9% Aug National Steel % tt 2,200 % Aug 1% Jan National Transit common. 10 Machinery.: Products Car Ltd common 2 4 . .1 13 — — 300 * — _ 1 3% _. 3% 4 1,100 Oct 20 16% July 2% Jan 25 18 4% Oct Oct Jun .^1 The Commercial and Financial Chronicle 30 Monday, November 6, 1950 . .. (1758) YORK NEW CURB EXCHANGE EANGE FOB WEEK ENDED NOVEMBER 3 Friday Range ^ Bale Price 30J --1 -1 A) New Zinc Co Land Process York New York & Honduras New Merchandise York Shipbuilding Corp— Rosario North xo/8 —5 preferred --5o * 5 Aircraft Inc Corp Northrop 49. Mar 68% Oct 2,300 7 July 10% 1,800 Jun 1% 76 % Novadel-Agene ' Russeks 1% 69% 200 27% 3% 25 7% 350 16 Jun Fifth Ltd— Ave Consolidated Petroleum Ryerson & Haynes common Ryan 22% July 31 Feb July 13 Jan 14% 13,100 Oct 13% July July 10 1,500 St Lawrence 20% Apr Savoy 17% Mar Sayre 15% Jan Schulte 14 (DA) Jun Aug Scullin l.'d % Aug 1% Oct Securities 48% 600 43% Jan 49% Oct Seeman 2 1,600 6 July 10% Mar 100 3% 1,100 2% 84% 8% 9% 14% Oct 6 20% 93% Selby Feb 103% May 10% Apr 18% Jan B class 48% Olympic Radio & Telev Inc. Omar 11% 500 10% 2,700 . «... ' Jan 1% Mar 49% Sep Jun 115 July 9% July 37% Jan 13% Jan 6% July 12% Oct 19% Oct 27 % ' 16% Apr 1,600 25% 26 15 25% Amer shares— 1 Securities Overseas 41 % 111% July 50 2,900 10% 10% % Aug 275 29% 10% 1 Inc O'okiep Copper Co Ltd 48% 112% 28% -- 1 A 500 15% 16% Jan 26 Oct 400 9% Jan 16% Oct Shoe common 5% redeemable 1st preferred 5% $4.40 Pacific Power & Pacific Public Service (C Oil Paucoastal 103% Paramount t v c Patican Co Ltd——- preferred preferred cumulative Penn & Gas Electric & class Penn Power Penn Traffic Penn A com 29% 300 28% 1,100 1,000 400 103% 104 6% 7 10 30,200 100% 125 pfd 2% 2% 5% 5% 2% 20,300 5% 17,700 28% Jun Mar 28 30% 250 12 11% 12 600 49% 49% 30 4% 4% 1,700 4% 42% 44 400 44 ' pm — ■ ' * 2% 29% 1,500 2% 2% 2% 1,000 3 3 1% 25% 13% Jan 100 1% Jan 16% 16% 100 Inc 1% 15,500 1 Jun 2% 500 12 July 14% Jan 2% July 22% Jan 4% Jun. class Corp Denn Canada convertible Pattern Solar Rubber Sonotone 29% May Soss 29% South Jun 102 Sep 107% May 101% Sep 105% Jun 61V Aug 7% Oct May Philadelphia Co Pierce Governor Pinchin Pioneer piper Mines Gold Lake & —— 12% 3 33,400 700 Pneumatic Scale Mining Powdrell & Power 6% Co Corp of Canada & Lambert Prentice-Hall Pressed Public % 20 6% % 4%% & Co 7 300 4%' 4% 1,700 20% 400 ~i% _2 800 2% 2% 2% 3,000 58% 58% 1,180 5 30% 30% 32% 2,600 1 4 17% 4% 500 17% 225 3% 1,400 8% 2,400 18% 18% 300 35% 18% 4 8% 4 36% 150 —- South Penn 5% original Regal Reis Pump Shoe Rice-Stix Co & Inc Feb Southern July 31% Oct Southland 9% May 12% 57 Jan 40 Apr 3% July 39% July 23 % Aug 4% 48% 26% Oct Feb Apr 29% Jan 9% July 12% Nov 5% Apr 2% 107 Feb Mar 113% May 5% Oct 40% Jan 4 Sep % Jan 24% Mar Rochester Gas & Elec 4% pfd F Roeser & Pendleton Inc common Rolls Roosevelt Rotary Electric Steel Co.— For footnotes see page 31. Jan 28 Oct 47 47% 210 43% Sep 48% Jun —25 ; 36% Oct Cap 21V* 26% 27% 300 25% 25 25% 25% 25% 300 25% July 3% Jun 26 32% 54% Aug Sep ~2~U Feb 3% July 61% 18% Jan 35 3% Jan Jan 3% July 6 % Apr 14% 95 Jan Mar 30% July 27% 27% 100 4 % 4% 4% 1,700 Co 4% 18 20% 98 Oct 8% 500 8% Jan 2 Jun 550 500 17% 17% 100 11% 12% 2,300 8% July 38% 39'A 3,000 6 % 43,200 33% July 3% Jan 53A 2,600 Co Starrett (The) of Co (A) 1 1 B Corp — Canada & Co. ordinary (S) Ray Portland Superior Tool Finch Inc 7% Mar Jan 173 July Mar Sep 6 % 2,000 4% Feb 7% Apr -ml- ■ 3VB 3% 200 2% Mar 4% 4% 4% 3,500 4% 26 26 16% 17% 4 100 Apr 6% Mar July 16% Mar 16% 1,700 27 21% July — 25 Jan 17% Nov 10% Mar Oct 7% 7 3A 100 7% Feb 8% Apr 2 1% 2% 2,300 % Jan 2% Apr 4% 4% 5 2,500 3% Jan 7% Apr 19 50 14% Jan 20% Jun — 19 - 1% July 15% 24% 23% 24% 3,150 4% 4% 4% 300 19 % 20% 275 3% 2,000 * 1 Co Oct 8% Mar 5% * 3 3% May 4% Jun 22% Sep Jan 13 24% Nov Jun 6 17% July 24 2% 3% Jan 11 8% July 15 Corp Feb May 10% 25c Cement, Die & Oil 12% 6 * common 18% 40 Jan 5 common Superior Swan 3% 140 150 1 & Co Drug Jun 6% 1 common 23% May 3% Jan 16 Sep 500 10c Corp 15% May Mar 2% » Stop & Shop Inc Sun 7% July 19 9% 1 (Hugo) 167 162 Oct 9% 5 com Sterling Brewers Inc ^Sterling Engine Co (J B) Co 5 5% 167 * common Sterling Aluminum Products Stetson 5 5% 1 class Tube Standard 39 1 Corp Products Standard — * —— 37% May 8% 3,800 Oct % 400 2% Stinnes May "l% 10% Sep Jun "i% 1 % 5% 21% preferred Nov 4% Jan 9% $7 Jan 2% Mar 2% Sterling Inc 5% May 8% 27% Mar Aug 3% 20% Sep Sep Mar 16 2% 8% Aug Jun 14 27% * * 2.78 10% Steel July 5 4% Feb 20% Stein 1% Mar 5 10 Dredging Corp common 1 $1.60 convertible preferred 20 Standard Forgings Corp —1 Standard Oil (Ky) 10 Standard Power & Light common 1 Common class B * Oct ~1% 100 —_1 Apr 52 4 4 Jan Jan Apr Aug Oct 22% 23% 13% 400 9% 2,300 9% 127 1,500 129 690 156% 156% 10 Mar 8% Aug Oct 10% Mar Electric Tampa 101% July 14% Feb 10% July 6% Jun May Texas 23% Oct Thew 13% Oct Thiokol 9% Oct Thor 105 Power 95 154 July 130 Jan 160% Jun 18% Oct common 26% 5,800 26% 50 21 Jan 23 23% 55 55 300 Jun 24% Jan 20 July 29 1% 28 Oct Apr Jan 27 Feb Feb ~6% 1 4% 10 54% Jun 58 8% 16.400 6% Jan 13% 5 8% 5% 1,400 3% Aug Realty & 6% 400 5% July 4% 1,000 1% 800 4% deposit deposit rets def 100 35 2% 700 2% 2% 2% 98 34 - ,11% 32% Oct 9 % Jun 14% Feb 100 14% Sep 18 Jan 15% 7% 1,600 15% 4,500 7% 7% 14% * — — — 19% 8 6% July 12% 8% Jun 75 — Jan registered —£1 Oct Aug Jan 15% Mar 115 Apr "% 100 % 500 33% Jun 2% 1,900 Corp 4%% preferred 70c 2% .100 102% 1 12 12 5 4% 2% 2% 2% 3,300 2% July 18% 18% 350 16% 16% 16% July 16'A Nov 17% 18 4,500 17 % 17% 1,000 - - Nevada _. _1 ... warrants 2% * Corp ■ mrnmm- * Inc 102% 101 ■ .. 5% Jan 41% % 41 __ u 5% 1% 101 250 3,400 Feb Oct 1,700 Mar 2% Mar 100 Oct 1 4% Aug — __ registered. —5s —20 Corp Temper 3% Feb 5% Apr Tung-Sol 1,900 99 34 35 % 10% 11% Works Lamp 80c convertible Apr 47% July v 3% Jun 105 % Jun 1 % May 6% Oct 3% May 20% preferred- 2 1 17% » __ — _ July 37 Oct 32 Sep Ulen Apr Unexcelled Jan 2% Mar 3% Gas Chemical of 2% Apr Union Investment 220 97 July 102% Feb Union Oil 75 25 Jan 46% May $3.75 9 Mar Apr United 11% Aug United Corp * Canada Jan Co 10c 5 Corp 2 9% 26 Oct Mar 11% 1,700 31 33 1,700 6% Jan 20% Sep 11 % Mar 20'A Sep of 1% Oct 4% Oct Jan 12% Sep United Yards of 2% Mar 4,700 11%-July 8% 22 % Mar 33% Oct New common 7% 800 Jan x98% May :—* 71% 71% 10 common—50c 4% 3% 4% 6,400 —;— % A ilOo Omaha Products Corp warrants Elastic % July 2,200 18 18 Oct 9% May California— preferred series A Aircraft 200 4 16% 7% 4 Co 1 1 3% 4 17% . % 6,400 1 10% 8% U Realization 11,400 1,500 1 common Sep % Apr 27%. Jan 8% July 11% Feb 5% — ord Mining of Lux Union 2% rets Tri-Continental Trunz 13% 1,600 Corp common Royalty Tonopah True 700 4,400 15% 15 1 18% 13% __ 1 Construction— Amer 23% 34 ~2% 25c Apr Jun 13 3A 6 — 13% Apr 26% Security Trust Co Ltd— Tobacco Trans — 36% 113% Oct 6% 18% 18% 5 Stocks 30% July 16% July 110% 7% Aug 8% 1% 5 5 _ Inc.. & Allied 300 5,200 __ i—1 Markets 35% 21% . common 5% Mar 5% _ 35% 20% * pfd Roofing Inc Tobacco Toklan 26% * $4.56 Corp Corporation Tishman Sep Light Co 35% 20 % common common & Shovel * Co Inc Todd Shipyard 24% • ill 25 & Seal common preferred Convertible 4% 1% 5 31% Mar Sep 26% ___• ' Jun 25% _1 —25 Standard 25% 3% 1 10 _^_lo Feb 14 Corp Standard Union Stock Inc.— 25% 950 Co Brewing Jan 13% Mar receipts for ord reg—£1 Corp commMjd,,.i.J.'t44juw.fi Field 1,300 28 Corp conv class A Standard Sep Royce Ltd— Cable 35% 22 Stahl-Meyer Inc Jun 13% American dep Rome 34% 23 __i Royalty Shoe Spencer 4 Rio Grande —. 34% lo Pipe Line Speed Queen 3% 17 19% 156% 1 Valley Gas Co— (Texas Corp) v t c Jun Sep 20 Jan * Richmond Radiator Jun 4% Jan 28% May Jan Jan 1 Engineering Apr 10% 3 preferred—^ 3% Aug 7 % 17 Jan 6.25 . & Electric 5% 8% Mar 500 cumulative Jun 1% 1 Co (Robert) Reliance Jan 900 3% cumulative Apr 9% • Co 2,500 9% 3% ■ 4.08% Feb 4% 11% 129 common—.5 Reading Tube Corp class A Reda 2% 4% 9% 12.50 common preferred Toledo Edison preferred 4% 3% mm— 4.32% 2% 700 13 10 Manufacturing 4% 1 Apr 6,200 • convertible 13% Jun R $3 3,700 33% Railway & Light Securities— Raytheon Aug 14% 29% 2,100 9% 100 common 17% 13% Jun 3% 22% • & Utility Investment A Packing Co common Raymond Concrete Pile common Oct Jun 14% l common common Amer Voting 54% 29% July 27% July 2% 5 Rath Oct Jan 27% 7 lo Railway 3% 32% 200 8% Timber com—* preferred 2% Aug ♦ Southwest Pa Pipe Line California Edison— Tilo 6% £1 l Oil Apr Aug Mar 800 3 100 Quebec Power Co 7% 21% 325 July Ltd— registered 1 Corp Technicolor common 245 Southern Thorofare Quaker Oats 4 % July 21% Aug 300 1,200 Jun * common 800 265 27% Jun 58% ♦ Pulp Pyle-National Co 4% 4% 263 265 28% Colorado— Pyrene Manufacturing 5% Aug Mar 30% % 19% 13% Puget Sound "4% 50 28 17% 4% 17 preferred 31% May 28% 30% 800 20% 13% cumulative 28 28% 28% 900 20 15% B 100 "5% ~3% — 28% Sep 16% class Oct 30% Oct 13% of 19% -.25 18% 1 Gas Oct 17% Aug 3% Mar Feb —25 67% 1 Co 21% preference preferred Jan 2.50 Service Jan preference Jan America Providence 15% preferred Jan Nevada- Prosperity 500 convertible 2% * common Oct 20% Jan convertible 11 of Inc 21% 69% 109% cumulative 53% Corp of Metals Producers 15% July 3,300 4.48% 1,200 100 Co 25 62 4.56% 2,000 19% * common 1st preferred.. Pratt 20 21% 107 107 20 1 Corp Coast Oct Sep Oct 4.88% 15% 63 2.50 common .5% 25 Sep 67% .... xl4% 15 25c Alexander 11% Feb 19% July 51 Aug 106% Apr 60% 62 107 10o Co Manufacturing Stroock Polaris 300 Jan 1,050 10 common 24% 20 — Jan 35% 1 Pittsburgh Metallurgical common Pleasant Valley Wine Co 24% Apr 9% Mar 2% 15% 34% 50 Erie 6,500 25 4% July 30 % July 1 Ltd Aircraft Corp common Pittsburgh 300 4% 45% Amer shares Johnson Ltd 11% 4% Apr 2% Aug 14% Sep Apr 100 63 1 common 9% Jan Aug 150 .—* —♦ 10c Phillips Packing Co Phillips Screw Co Jan % July 5% 50c common 4% Mar 3% 200 23 110% 110% 35% ♦ common 3'/a July 7,800 1% * : Co Paper Mills Standard-Thomson & 1,800 7% 21% 'mm —_* common. ord rets Aircraft Jan 105 dep "5% 1% Publications— preferred (Howard) Jun Mar 95% Mar 11% * common Simmons-Boardman 92 11% • * Ltd 30% 80% July 88% Jan Sep 6% * class A of Oct Apr 18% May 3% "4% 100 Breweries Sep Jan 150 — ♦ —25 common— Shoe Corp of America Amer 2,300 86% 2% Mar 26% 3% 15% July 1 preferred Smith 27% 7 1 B Sherwin-Williams Co 26% 1% July 7,300 "5% 1 ; Mining Sherwin-Williams $3 3% 86% 27% — 1 Inc Coip common Shawinigan Water & Power Silex 14 2% * 28 98% 13% 5 Sicks 1 % 1% "5 1 common 5 B) Oct Apt- 2,400 1% 24 certificates (R 3% 3% 4,400 * Radio Sep Feb 1% 25 4% 1% 2% Aug 400 1% stock Semler Mar 25% stock prior 1 1% Convertible Allotment May 29% May 5% 110% (The) 1 Pepperell Manufacturing Co (Mass)—20 Perfect Circle Corp 2.50 Tire Oct 10% 5,800 2% Jun 27% July 12% 12% Pep Boys Pilaris Oct 54-% 2% 10,700 53% 2% $5.50 27% 15% 30 2.50 Co 27% Jan 26% 50% 38% 100 23 30 100 Water & Power Co Light 4%% mm *-«. 1 common Jan Sep 14 • 25 25 Peninsular Telephone common- Corp 32 — «... 2 cumulative Oct ' 29 23 , Patchogue Plymouth Mills $1.32 34% 100 1 * $1 Sep 28% 6% 1 5 Corp Packersburg Rig & Reel Pec.nroad 31% 28% * * Co Pen 600 * — A) Motors 32% 101% 101% * (C A) Amer shares Panatapec Oil 37% May 28% , 28% 100 pfd common preferred 1st $1.30 5% Light Page-Hersey Tubes common Parker — 1 Petroleum Sep 32% 28% • Ltd Pacific 34% — 25 Lighting $4.50 preferred— div cum preferred Pacific 3,600 8%. — series A—25 preferred 25 1st red Feb 6% 36% 8 35% 32% redeemable 1st pfd 4.80% 9% 1,400 35% __ 7% 24% 1 Co Singer Manufacturing 5 Pacific Gas & Electric 6% 1st pfd—25 5%% 1st preferred 25 5% 1st preferred 25 Co Nov 2% * Inc Singer Manufacturing Can 6% 1 Simpson's Ltd class B Pacific 1,400 6% 50% 1 common Industries Simplicity / 6% 6% 25% Seton Leather common 112 29 3% Mar * Inc Co common— Segal Lock & Hardware Selected Sentinel -- Sep 2,000 4% 25c 1 Co Corp General Bros Sep 13% Aug 800 Steel Aug 4 Jan 6% 13,900 14% Jan 97% July 300 99% 101 Jan 4% ' 1 common Oil Inc (Del) Fisher Brick 9% 18% Corp & 2,000 5% 112 ——15 -* Gas Filters United * Apr 9% 8% Aug 6% Aug ^_1 49 Corp Ltd common preferred United 2,700 3% «... —1 convertible 1st 14% fit 100 common preferred Power 4%% Oklahoma Natural Oliver B class Co Brass Ohio 5 1 12% 18% * Shattuck Ohio 700 Apr Jun x7% ~8 8 High 11% Aug 14% !5 jS 50c 9,900 8% July 7% Feb 1 Serrick common 11% 1 Feb 8 O Corp 300 1.25 common Co Sentry Safety Control Ogden Low 9% 11% 11% ♦ Eange Since January 1 High 9% Jun Feb 7 3,400 16 — 1 * Co Low 1 common Aeronautical Ryan 48% 101 9 14 <a Shares Sep 59% Aug Corp Royalite Oil 14% J 4 for Week Jun -1 (The) 12% X 48% 6 -1 -50 4%% pfd—100 Airlines North Penn RR Co Northern Ind Pub Serv Northeast 4,700 15% -- Securities Utility Oct 9% 14% 14 Texas Oil Sep 7% 66 % 1% ~~ Exchange Par Rowe Samson 1 _ American Central Feb 3 1,000 9 5 Power common Corp common Mines North % Mar 6% 102% May 2,300 27 J American Rayon $3 North Jun 7'/a 10 Niles-Bement-Pond Nipissing 5 % May 89 2% 68% JO shares Niagara Share 980 64 - York Niagara Hudson 2,300 97 % 7'/a Auction Co common Founders x5% Oct 45 6% common New New New ■» 1/4 41,4 Apr 2% — — Mexico & Arizona New Park Mining Co New 43 5% 9 preferred convertible 4%% New Jersey Jan 95% J 4 ' J J Tel Watch Co 24% 1,700 x5 % 96 /» o common England Tel & Haven Clock & New Jan 40% *» f* WO Neptune Meter common Nestle Le Mur Co 3,4 2% New York Curb High, Low 4!) Sales Range of Prices Friday STOCKS Range Since January 1 9.000 National Union Radio Week's Last Sale Price Sales' for Week Shares Curb Exchange New York Week's East KTftTKS Corp. ♦ ^ ; 1_* 49 51 33% 33 3A 64 ■r „ " "150 M V- 50 ^ - 101% Jan 72% 2% Mar 4% 16 Aug Oct Apr Jan July 123 Jan 54 Oct <33% Nov 33% Nov Volume 172 Number 4957 . . The Commercial and Financial Chronicle . NEW (1759) YORK CURB 31 EXCHANGE RANGE FOR WEEK ENDED NOVEMBER 3 Friday Week's Sales STOCKS Last Range for Week New York Curb Exchange Sale Price of Prices Shares Par Milk United 75c Products particpating United Molasses Low High Low * 9 9 250 * common 23 23 50 preferred 17% 10 % United NJ United Profit 10lU RR x24 Feb 100 Shoe U Specialties 42% 41% 43 40 '/a 40 14% 1 common Reclaiming Co Corp common Consolidated 2% July 4 88% 150 I Jan 93 Mar 6% 1,700 Jan 7 Sep 3% 2,100 3% Nov 3%s 2 Apr Piedmont Utah-Idaho 88% 6 Va 6 2 1 "1% 50c Oil % 84 1 200 150 30% 50 25% 3% 3,900 2% 1% Mar Sugar Nov 30% 3 '/a 5 3 40 Feb 63 % at 4% preferred _ . Venezuela 28% Jan Jun 31% Sep Feb 3% Apr Vogt 1 7% 20c Inc 4% Manufacturing 5 Feb 150 38 6% 68 Feb 250 27 7% Rep 80 Jan 40 ex % 9,000 3% Mar 8% Oct 3,100 2% Feb 4% Oct 200 12% Jan 14 13% to s Oct Oct Service 50-year 16 1 1940 1947 1 6% - Co • Gas Harbor Water Wagner Baking voting trust ctfs ext—* 7% preferred 100 Waitt $2 Bond & Watch Baking Co „ 30 Co warrants. Manufacturing 1.25 West Texas Utilities $6 preferred * Western Maryland Ry 7% 1st pfd__10o Tablet & Stationery Coal 3%s A Inc 11% 750 914 5,800 % 65A 2,350 3 % series 1st and 1 5 — Wichita River Oil (The) Williams Willson C) Products Wilson 5% Pwr & Lt Industries Apr 37 18% Apr 21% Mar 1st ref M 23% 100 17% Feb 24 19 400 14% Jan 24% Mar Jan 16% 16% 100 X8% mm 9% 700 7 7 15 motrgage Gas 4% 4%% 9 Jan 13% 3% Apr 5 % American deposit preference 6% receipts 3rd Stinnes Ternl 12% 14% 104 % 106% $104% 106 % 104% 106 2nd +56 55 162% 162'% 5 160% 165 104% 105 3 103% 105% 3s 1081 1970 800 35% 104% 104 % 30 104'A Mar 1,500 10% "% 8,300 "l% Feb 14% 3% Mar 101% 103% Feb-Aug $105% 108 105% 106% 101 79 79 76 *45 48 35 58 April-Oct *45 47 38 58 Feb-Aug *56 60 49 64% 100 May-Nop April-Oct i946 Electric Boston Edison A Central A5%s 3%s 6s Aug Period Sale Pi ice 2%s series A States Elec debentures 1970 1946 %s 2%s May-Not revenue Service A7s with A 7s ex Dec 1 Dec Waldorf-Astoria A 5s income 1947 coupon 1956 debentures 1954 95% June-Deo 6s Traction 5s s 1900 debentures f June-Deo 4% 97 Friday's ■or 1959 Bid & Asked 106% Bonds Range Since Sold Jan. 1 High No. 106% 106% Low 17 < High 106% Friday Interest 1 103 106 163 1 161% Sale Price 20-year 7s April 101 107% 116% 120 101 105 105 Week's Range Danish Jan-July External Danzig 11 111% 111% 93 98% 111% ALima 1st N mortgage A 1st 6 104% 117% 101% 101% 8 91% 102% Eastern 100% 100% 85 997/8 101 % 99% 101% 1977 Lt & Marelli RR Elec 5s 100% Mfg A6%s with Nov 1 A6%S 1947 Finland Nov ex 1 Residential 5s stamped Guantanamo & International issues Power A6%s series A6%s . , A 7s ' 3%s A E 7s F 63% 49 51 28 5 103% 103% __ 36% 9 *113% 116% — 52 88% 2 78 95 74 74 1 66 89 — 7 22% May-Nop 37 37 June-Deo *55 99% 114 — May-Noo May-Noc *56 57% *25 — — — 52% Parana 2'As 2008 1951 61 — June-Dec 70% -.*103 105 *45 50 *40 — 52 1958 44 Jan-July 102% -- — 1 — C Peru 2008 50 *47% 1941 coupon) 45 33% 44% Feb-Aug 1957 Jan-July (July 1941 coupon) 1952 3 54 1997——Jan-July to 2%s de 72 % s *37 31% 38 26 27 26 •No e 73 9 55 par value, a Odd-lot transaction A 86 76% - 14 55% 75 2% 2% 51 1% 3% 2% 2% 2% 25 1% 3% j- Deferred delivery transaction (not included in year's range), d• f Ex-distribution. 8 Ex-stock (U^dend.bJEx (not included In year's range), Bonds being no sales being transacted during current : ' 95 used above-"cod," 6 54 92 76% 4 56 95% 4 53 91% "w certificates of deposit; "cons,"consolidated; tive; "conv," convertible; 75 Stocks Abbreviations i," "M," mortgage; "n-v," non-voting stock; v t c, when issued; "w w," with warrants; "x w," without warrants. voting trust eeroue*i*t, 30 20 15 Indus¬ Rail¬ Util¬ trials Date— Qver-the-Counter Industrial Slock Average (35 Stocks) Bonds 10 roads ities Stocks Total 65 10 10 First Second Indus¬ Grade trials 10 Total Grade Util¬ 40 Ralls Ralls ities Compiled by National Quotation Bureau, Inc. Bonds Range for 1950 Closing Date— Oct. 228.56 67.82 40.38 82.22 101.75 105.10 94.95 103.65 CO O 226.42 63.78 40.29 81.41 101.72 105.16 94.69 103.63 High 41.76 Oct 23 30 41.04 LOW 34.25 July 13 31 101.36 0 o •p 41.01 Oct. 28— 28—: Oct Oct. 101.30 Oct. 1 Nov. 2 Nov. 3 1 1 31 Nov. 1 225.01 ..I'.!: ' ——. 66.28 40.02 80.87 101.69 105.17 94,79 103.59 66.51 .40.13 81.12 101.69 105.25 94.99 103.66 101.40 227.25 66.84 40.35 81.61 101.69 105.26 95.05 103.69 66.67 40.44 81.75 101.70 105.38 95.16 103.73 101.49 40.80 ill. 40.42 Range for 1949 101.42 228.10 _ 101.31 225.69 NOV. 1 . Nov. r «n §Reported in receivership. 75 are the daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. i for week. traded flat. 73 Below on 38 2% Stock and Bond Averages listed 27 31 principal, n Under-the-rule transaction (not included In year's range), r Transaction (not Included in year's range), x Ex-divldend. y Ex-rlghts. z Ex-llquidating dividend. 72 1; 37% 18% 81 35% *34 Jan-July Jan-July June-Dec 1921 73 76% 91 85 Janeiro Interest reduced to 88% 73 76% 75 1952 75 72 1957 49 — stamped (Plan A) 1% 2012 ARussian Government 6%s 1919 Rio 104% 75 1955 50 52 37 — *80% Mar-Sepf (ser ABODE) reduced (Republic of) {Friday's bid and asked prices; June-Dec 38 54 50% *52 * 1955 33 71% 40 Sec— 9% 23 46% *52 May-Nov April-Oct June-Dec June-Deo (Plan A) stamped Interest 103 % 118% A 5 *70 14'/* 7 (Plan A) stamped 7s stamped 1958—Mar-Sepl 6%s 22% 65% RR— (Aug 1941 coupon) series 1953 1953 1963 55% 88% redeemed (Dec 1 series A 7s A7s •-< Power 11% 50% 62 Mar-Sepl Western 46% Jan-Julf Bank of Bogota— (issue of May 1927) 1947 (issue of Oct 1927) 1947 A7s Mtge Bank— series A 1 Mortgage 1%3 to 2%s coupon (coupon on) AEx-coupon market All May Jan-July Mar-Sept 1961 Green Mountain 62% 1993,. coupon City (Peru) stamped AMedellin Co— 1940 55% 8% AMortgage Bank of Chile 6s 1931 Bank of Denmark 5s 1972 May-Nov 1956 71% 55% *7% Mortgage 1993 mortgage 4s series B & Fuel 3%s 1965 Water A6s A Gas Elmira Ercole series 76 71% Feb-Aug : Interest reduced to Division— J 4s *76 May-Nop & Waterways — 6%s stamped 1952 Maranhao 117 % 117% Jan-July Jan-July A7s Lackawanna of High 76 Loan— 1955 1963 5s Port AExternal 101% 102% 111% Western RR— & Jan. 1 Low June-Deo 1948 Municipal Cons No. $76 AprfZ-Oct Jan-July 1946 7s External 5%s Range Since Sold High — 7s Jan 1947—— (see Mortgage Bank of) Valley Bonds Friday's or Bid & Asked 104% June-Dec 1948 *"""■* Lack (Col) year ACauca 173 Registered Delaware 97 106 Last Period Bogota 109% 103 Mar-Sept Service Co debenture 3s 91'A 97 106 Va 106% 105 Feb-Aup New York Curb Exchange A20 163 Chicago Transit Authority— 3%s revenue series of 1947—1978 Cities , Foreign Governments and Municipalities Jan 103 1970 1954 63 116% 116% 106 Va Feb 2 July Jan-July Corp 5s debs 104% Union— Newspaper conv 60 *25 1956 coupon Mar-Sept June-Deo Western 100'A Hotel— Washington Water Power 3%s 1964 Penn 31 *57 Co— 1940 1 102 % 103 June-Dec 1969 Electric United $25 Sep Quar-Feb 1964 1998 1 90 Industrie.'— stamped with Aug 1 1940 coupon 1953 ex Aug 1 1947 coupon 1953 Triborough Bridge & Tunnel Authority— Week's Range Last Low Steel 101 Corp— %s A 6 A City 89% 19 100 Jan-Julf 1989 BONDS Friday Bethlehem 106% *102% 103 Hydro-Electric Co— A 6 107% May 16% Oct July 14 13% Interest Appalachian Elec Power 3%s 105% Jan-July Agricultural Mortgage Bank Atlantic 108 103% $104 109% 105% 105 __ 103 104 *106% 55 Oct 105% 106 "1% Exchange 103% 104% 104 103 104 Jan-July Feb-Aug April-Oct 1973 B 3%s 102% *104% 105 Afar-Sept Mar-Sept 1965 104% *103 May-Nop 1952 3s Low New York Curb 61 Oct 34 5s B 0 N D S 100 Oct 15 33% July 12% May 26 July 13% » *104','4 106 *25 coll trust 1966 stamped £1 Wright Hargreaves Ltd 105% 98% (Calif)— & Eros 5s (Hugo)) A7-4s 103% *99% 102 Nov 225 13 8 107% 10 103% 104 Oct 8,800 Ltd— W) 104% 105% *105 104 May 14% 34 common Woolworth 106% % Sep ~5% 2 Woodley Petroleum (F Sep 9% 14% 106 (A G) A7-4s 22% Mar 9% 100 pfd July Sep 4% May 25 Inc 106 104% April-Oct 1960 1971 3s (Hugo) Oct ~4% — • 102 % 1 West 7% 50 3 104 Va 104 Jan-Julf Corp series 3s Corp Inc 5s Oct 19 ~5 1 preferred x w Elec common Woodall 27 125 7 25 w Winnipeg Wisconsin 225 21% —1 common preferred w 35% 23% X8% * Inc Brothers 'mm 5 70 102% 102% June-Deo 1973 California 28% Mar 2'A 10 Co 5 '/o Oct Feb ' Corp & 200 9 Jun 24% 1 Corp fR 157 450 Jan 21 — Whirlpool Corp Wickes 26% 6% 33% 21% Weyenberg Shoe Mfg Co 210 Xl78 26% July % Aug 114% Jan __ 175 26% Apr 3 July 7% July 111 Aug ' 60% Jan-July 1998 Edison Counties Gas Apr 13% 300 x8 3 April-Oct Southern Sep 2% Feb 6 Jan 115 Feb 1% ■ lo & 1% Mar 9 'A Jan 1% 70 Electric— & Southern 3% July 5% July 109 11% 20 Westmoreland (Wm) 500 7% * com Westmoreland Whitman 600 1% l3/4 __ 1 i Wentworth Western 6% 6 tew v Jan 1 % 6% __ 1 preferred cum §Waltham Ward Inc 1% 70 — — Co— Gas Power Stinnes 100 43 April-Ocf 1952 Starrett 2% 5 1960 coupon & Joaquin Lt & Pow 6s B Spalding 2% 56% 51 April-Oct 3s coupon debentures Borough California Jun W Aircraft 63 75 51 May-Nop Southwestern Gas & Electric 3%s 1970 Waco 98 48% April-Oct Mar-Sept 1963 Electric Southern Sep 7% . High 79 *72 Jan-Julf A 6 Public Jun 4% 4 % — 900 77 36% .. Petroleum Syndicate 6% 76 __ * Vanadium-Alloys Steel Co Venezuelan 6% 6% 5 - . 46 Hydro-Electric Co— with San 1 common 85% Jan-July 1970 A6%s Safe Corp convertible 76% Low JJfar-Nov 1963. mortgage 3s 1971 Lexington 1st mortgage 5%s series A S4 1952 coupon 1964 Pennsylvania Water & Power 3%s 1904 Oct July 1st Park Queens Valspar 1940 Ohio Power 1st mortgage 3%s 1968 Feb % 24 lo common 85% Jan. 1 No. 2% May 26% % Mar 1% 10 Co Jan 4% 59% 1% 58 10 % 1 1 Gas Light 4%s 1967 England Power 3%s 1961 15% July Insurance Products New 500 3%* Jan- July Milwaukee Jun 2,100 1 Stores Universal Jun 17 28,700 common Universal 43 1% * Corp B Nov Extended 3% warrants United Oct 12 Jan Jan 40 200 Apr 26% preferred with Universal 210 14 % 6% 49% July 85 Range Since Sold High *73 1952 1952 coupon Superpower 6s Midland Valley RR— 1% 1st Rubber 40% 1940 1 Altalian 23% $5 S A 7s Mar 3% Securities. U Aug 1 ~1% International Conditioning Radiator 246 26% and S with Jan 40 Bid & Asked * e, . Bonds Friday's Hydro-Electric Co— with Nov * Foil U 8,600 certificates escrow A 7s Oct 1 Air S S class Debenture 10c S U U Co A Sep 4% 4% Aug 25 25 common or . Interstate Power Co— % July 700 r«f 10 ; Machinery Preferred United 236 25 common preferred United 3% July Canal & Sharing Sale Price Isarco registered ord Last Period Low Oct Ltd— Co deposit rets Interest High 7% July " Amer Week's Range Friday BONDS New York Curb Exchange Range Since January 1 2 . Nov. 3 . 40.57 Low - 35.20 Dec. 31 High 40.69 .:. ." - 27.79 Jun. 13 i 32 The Commercial and Financial (1760) Transactions at the New York Stock Railroad Stocks Week Ended Nov. 3,1950 Tuesday - Wednesday Thursday Friday - 9,364,785 Total $1,535,000 4,850,000 — 3,231,400 — 3,015,000 — 3,086,000 $1,000 $1,535,000 $1,000 of Week Ended Nov. 3> 1950 Saturday Monday Value) Foreign Domestic Shares) 136,215 Foreign Government $9,000 309,500 Corporate $13,000 74,000 21,000 95,000 307,335 95,000 19,000 114.000 79.000 33,000 112,000 269,225 131,000 2,000 296,020 107,000 91,000 ______ 1,589,155 $495,000 $179,000 $5,000 - Thursday Friday 133,000 426,809,201 211,286,919 $5,000 442,000 883,000 1,207,400 2,133,700 85,099,970 77,781,270 Railroad 15,128,000 15,964,900 335,891,500 579,591,600 $17,871,400 $18,103,600 $923,276,170 $658,729,370 Industrial & Total — 2950 1949 1,589*155 1,865,045 89,223,291 51,568,037 $495,000 $1,186,000 $27,304,000 $30,739,000 179 000 138,000 12,591,000 3,440,000 5,000 90,000 2,027,000 1,502,000 $679,000 $473,500 $1,842,700 $1,535,000 1,000 Bank Jan. 1 to Nov. 3 1949 195J) of shares Stocks—No. Government S. International $679,000 1949 1950 Week Ended Nov. 3 0, 198,000 $17,871,400 Bonds Foreign $27,000 270,800 Tuesday Wednesday Total 1949 7,168,775 9,304,785 shares Of Stocks—No, Total $5,000 Jan. 1 to Nov; 3 Week Ended Nov. 3 1950 Exchange Bonds (Par (Number Sales 2,681,000 $1,207,400 $15,128,000 Bonds $1,008,000 $65,000 264,000 232,000 227,400 263,000 156,000 $943,000 2,417,000 3,083,000 3,004,000 2,752,000 2,929,000 Monday, November 6, 1950 Stocks *Bond Government Bonds Bonds Bonds 645,590 1,790,890 2,013,700 1.782,540 1,576,959 1,555,106 Saturday Monday Foreign of and Mitcel. Shares . . Daily, Weekly and Yearly Total United States Int'l Bank , . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Number Chronicle $1,414,000 $41,922,000 $40,681,000 Bonds Domestic government Foreign Foreign corporate Total OTHER STOCK EXCHANGES RANGE Friday Doston Stock Week's Range for Week Sale Price of Prices ■* Shares Par American Agricultural Chemical Sugar Refining American Tel American Woolen American Anaconda Blue Corp 49% 55% 70 38% Jan 4,336 146% Jan 21% Feb 28% — 31% 330 36% 274 4 116 4 39 185 40% July 27% Mar 34 115% 116% 39% 40 60 35% — 100 25 Edison Boston Low High 54% 151% 50 1 : Albany RR & Range Since January 1 150% 151% 100 for Week Shares Par 48% — — * Copper Ridge Boston • 100 Tel & Low Sales Range of Prices STOCKS— Sales Last Week's Last Sale Price Exchange Friday STOCKS • FOR WEEK ENDED NOVEMBER 3 3% Aug 107 Jan Oct 39 6,073 High P G & _• common new Preferred Randall 51% Oct Aug U 67% Low 223 -130 12% 12% 38 9 36 38 221 7 16 12% _ 55% Mar 932 70% 16 ' 16 _____ Range Since January 1 High 223 5 "B" Printing common. S 70% _ 9 Rapid 60 Low Jan 20 142 * 13% July 11 % Aug 31% July High 70% 227 Nov Oct "20 % Jun 14% Jun 39 Mar 161% May 36% 37% Sep Oct Stocks- Unlisted American Telephone & Apr Anaconda Mining Sep Armco Steei Jun 51 Avco 100 Telegraph. .Ji— 151% 50 35% 33% 35% 160 30 10 4 118% 44% 43% 47% 862 26"% 7% 7% 50 —. — 3 73 150% 151% 146% Jan 161% May 37 Oct Jan 47% Oct 8% Oct July 7% prior preferred class A 1st pfd stamped 8% cl 10% B cl D 6% 6% 835 Oct 6% Oct Trust—* Boston & providence RR— .—100 Personal Oct 31 32 145 25% July 33% Oct 25 77% 74 77% 105 62 % 84 % Oct Service 10 84% 81% 84% 205 64% July 87 % Oct. Products 9 29% 30% 21 29 34% Mar. 12% Cities 100 100 1st preferred stamped_100 1st pfd stamped 100 5% Boston 6% — RR— Maine <fe 43 25 Bethlehem —100 Stamped $50 paid Boston 251 Chesapeake & Ohio Chrysler Railway— Elevated Boston 6% July 34% Jun Manufacturing Prop Calumet & Hecia_ — o 48 48 1 , 7% ' ' p.* 6% - 9 »-» 49 530 7% Oct 6% Oct 8% Oct 50 Feb 10 Oct 19 July 23 Oct 80 77 7 233 22% 75% 66 85 Jun 7% 8% 695 37.36 ~ 49% 32% 100 9 22 — Jun 3% July 4% July 420 6% 37.36 100 Jan 5% July 8% Oct 46.49 Jun City 1. Corp Federated 4 Common Eastern 10 new Street Mass Common 6% 5% preferred 100 100 100 adjustment • Eastern SS Lines Inc • Co Razor New Racing Union Machine . U & Waldorf May 32 Apr 4114 Jan 19 19% 375 18% Oct 24% Feb 39% 140 75% 33% Aug 64 % f',75 * 9 Distillers 40% Mar 115 40% Aug Register 31%. July 51% Oct 66 68 773 49% Apr 68 Oct 13% 13% 6 13% Sep 16% Feb 73% 74% 145 88 88 - 13% 88 — 27% 64% 8 18% — 13c 13c 15c 11% 1,719 95% 98 79c System Ry 80c 75 90c 6% 90c Jan Sep July 29c 1,132 6% Oct 13c 210 19% Sep 66% 92 2,400 46% 6% Jan 9% Mav 22 30c 51% 588 49% 54% Oct 41% 42 55 Sep 32% July 42% Oct July 26% Oct Jan 17% Oct 34% Feb ' 24% 25 60 21 16% 16% 20 11% 9 9 : Brands _• _ 34% . 1 78c July 6% % Jan 32% Apr 34%, 115 28% Aug 35% Oct 1% 54 70 41% July 54 Oct 46 16 25% Oct 11% 122 23% 3 56% 119 38% 39% 87% 32% 175 16 % 19% 70 13% July 628 23% ' 246 37% 210 22% Feb 29% 50 64% 66% 2,346 50 >4 July 66% 41% 43 2,694 40 July 49% 48'A 23 177 119 48 July 37% July 35% Oct 42 July 50% Jun 41% 42 360 25 Jan 42% Oct 34% 34% 36 Jan U 8 Steel • (new) Westinghouse 41% "12.50 Elec — 25 Watling, Lerchen & Co. Members New York Stock New York Curb Exchange Stock Exchange Detroit Ford Building DETROIT Telephone: Jan 33% 32 % 33% 945 29% July 36% Jun Week's Range WOodward 2-5525 Detroit Stock Exchange of Prices Shares 10 — * Electric & common_8% Preferred Cincinnati Street Railway Kahn ___ _ 22% Aug 3% Feb Jan 20 15% 16% 6,021 45% 50 32 5% 31% 105 74 5% 32 260 105% 45 14 5 103 5% 5% 1,171 68% 69% 935 18% 19% 80 15% 92 29 10 _ Kokenge. _ __ 39 Jan 4% July 67 July 7% 35 108 % 5% 80 Jan Big Market Bear Briggs Budd Company Burroughs Consolidated 50% 23% Aug 19% 15 115 Oct Oct 11% Aug Magnavox 1 Apr Davidson Apr Detroit & May Detroit Edison _ — _ Cleveland Feb 26% 19% 15 Oct Fruehauf For footnotes _ see __ page _ 41. Stove com _ 10% 1 1 6% Jan 17% 954 Jan 8% 200 13% 20% May 9 Oct 31 100 28% July 35% Jun 17% 700 13 % Jan 18% Jun 12% July 15% Apr 63 83 Oct 14% , 14% 1,105 23% 23% 825 29% 30 % 2,780 7% 7% 205 10% 10% 175 7% 22% 6% 2% 32c 8% 236 77% 7 7% 23 1 Brewing — Gar Wood Industries Nov Gemmer 73% Oct General Motors 18 Jun Gerity-Michigan Corp 7% 7% 23 6% 2% 25c 32c 26% 27% 72% 541 54 17 17% 200 15% 15% 15% 43 11% Jan 23% Apr Graham 3 Va 3% 3% 20 2% Apr 3% Nov Great Lakes Paige Oil _ & _ _ common- Chemical 1 1 1 5 16% 1 10 new,, com Motors 5 —1 Manufacturing class B 70% - 20 Trailer 15% Jan 5 __ Jun 4% July Oct July 18% Aug 29% July 6% Jun 10% Aug 715 6% Apr 7% 750 Feb 21% July 7,311 5% July 350 2% 200 Oct 24% Sep 35% Mar 9 Aug 10% Mar 7% Sep 8% May 24 May 7% May 3% Mar 25c Oct 44c 435 20 Feb 23% Oct 100 4 July 6% Apr 5,300 Jan Oct 17 July -- 1 Navigation- Brewing 70% 9 _ i Bros • _ _____ 30% 5 • _ Lunkenheimer 23% 9 Cigar 3% 205 75% 10 common Jan 5 17 — Paper Power 2% 8% 25 _ DWG 60 High , 120 16% 9 Machine _ Detroit-Michigan 100 Low 3% 31 9 Continental Motors Ale 16% 1 Michigan Mar Friars 19% Adding Chrysler Corp Consumers Range Since January 1 High 4% 5 __ Frankenmuth 130 Low • Sep 26% __2 Manufacturing Jun 51 of 1 _ Products 20% 26% 10 20% May 46% Oct Metal 42% 15 9 Apr Shares Par ' __ Apr 19% — _ July 51 — . common 38% Jun 27% July 5% 39 July 32% July 68% * Kroger Meteor Apr 15% 43% • Hobart & 2% 110 __50 • Insulation Apr 100 18% _ Gibson Art Julian 18% 3 19 23 Tel Eagle Picher Formica 20% High 3 16% 100 Sub Bell Cine & Low 43% — Gas Range Since January 1 High for Week of Prices 3% American 19 * Churngold Corp Cincinnati 20% 3 # Brewing Sales Range Electric Altes Sales 73 „ Week's Last „ Allen for Week Low Exchange Midwest Stock Exchange Mar 14% 1 July Oct 120 Jun — 29 % Jan Jan 115 52 11% Last ________ . Sep 27 120 Nov Jan 135 Friday Brewing Carey (Philip) Champion Paper 33 50 48 7% May 16% Oct Cincinnati Stock Exchange Balcrank Jan 31% 47% Sale Price Burger 25% 31% 9 32% Aug 29% Oct Feb 13 % 20 Oct 5 Carbide Friday Laundry Oct Aug 86% Jan Union STOCKS American 57% 39% 66 Studebaker Sep 32 5% 13 Sale Price 24 % Mar July 34% July 129 32% 13% Mar Apr 34 16% July 30% July 16 119 Par 47 265 32% (Ohio) 10% July 20% July 52 84% ,w, Feb Jan 6 % 13 % STOCKS Oct 24% 87% „ Oct 45% 42 J—10 Oct 3% Mar 29% 66 OH 12% 34%- a J) Sep 21 Jun 31% 25 Standard 108 Sep 47% 14% 32% 34 (Ky) (N Oct 17% Jan 2914 Mar 270 Oil 45 53% * — Oil 21 Feb 23% 54 .24%* (Indiapa) Standard Jun 26% 30% 11% . 9 Standard 15 100 33% 17% 15 Vacuum Oil Aug 15 42% 55% Sears, Roebuck Standard 29 .18% 17% " 42% —1.40 new 168 18% 42% 29% ' -- •' 13% Mar 12.50 Westinghouse Electric Corp Oct 49% 102% May * Inc Oct 52% 16% 9 Standard Apr 45% 8 Co. Aug 34% July 41% Jan 25 50 J— Southern Apr 11 200 9 RR Schenley Ind 14% 34% 220 • Corp Socony 28% July 50% . — Oil Radio 69 May 18% 16% 100 Co 75c 18% 28% 10% July 280 38% 18% Oct Sep 15% July 1,500 11% 90 Jan 7% 273 96% 80 % Mar 42% 100 8 19% Oct 25% Aug 75 11% 10 Mass . 79% 70% 110 66% July 60% July 5 28 —. • common Pure Jan 100 42 — Edison Pennsylvania July 8% 395 10% 30% 41% 50% May 975 ' * Co Machinery Ohio 11% 12% 51% York Central New July 48% " — — new— National July - 50% 5 • Cash r 10 % 7 Dept'Stores National 48 30% 12% . Light & General Electric J an 2,992 «»•» 5 S Rubber Co Vermont 58 50% • Drill. Shoe 55 170 38% • s. Co Fruit United 64 41% 50% * Inc United-Carr Fastener Corp United 19% 25 lc 2,50 Assn Twist Feb 61 • Webster Torrington 64% 78% 50 Rexall Drug Co___ & Apr 48% 1 Quincy Mining Co Shawmut Oct 4% 40% 20 System Mills' Folding 54 30 —100 2.50 Cos Electric Pennsylvania RR Stone 61 — 1 Assn England Tel & Tel North Butte Mining— Reece 11% Nov May 2% 1,200 61% ♦ New Pacific Nov 10 199 3 47% _5 Service England 10% * Corp Nash-Kelyinator National Oct Nov 50 % preferred—100 Mergenthaler Linotype Narragansett 61% • 5% RR Chemical Mathieson 87% 20% 49 % 35 Lone Star Cement Corp Central 10 2% * Copper Loew's Boston Theatre Maine 64'% July 12% Mar • Electric Safety Kennecott 100 * Stores National First . 3 * Employers Group Association Gillette -- —-100 1st General 226 20% Ky— ,-. pfd series A preferred series B 6% 84% 20% 207/b Jun — 45 Fuel Associates— Gas & Eastern * Co Range Copper 81% 10 Service Cities 36.49 — ■ 9 Curtiss-Wright Power — — Columbia Gas Day — 9 1 Steel General Motors Century Shares Trust — — 52 3% 3 — 16% 50 52 3% 3% 2% 3 1% 1% Oct 11% Mar 16% 6,929 50 Oct 54% Oct 200 3 Apr 4% Jan 100 1% 1,630 2,674 , 1 - Jun July 3 Oct 2% Oct - Volume 172 Number 4957 The Commercial and Financial Chronicle ... (1761) 33 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED NOVEMBER 3 Friday Week's Sales Last Range for Week Sale Price of Trices Shares STOCKS Par Hall Higbie 5% Ball Hudson Motor & Bearing Car High Low 6% 100 4% Mar 6% 6 6 100 6 Oct 6% Aug Sep 6% 6% 200 Feb 6% Oct 1 . 10 12y2 8% 100 8% Oct Intercoast 17% 275 12% Apr 19% Aug Interlake 16V'4 326 13% Feb 17% Kaiser-Frazer Petroleum Iron Corp 1 _ • 6% 6% 6% 1,200 4% Jan 9% Sep International 25% 25% 26% 220 21% Feb 31% Jun 1% 500 1% Jan 1% Jan Kaiser-Frazer Kansas Masco Screw Motor Wheel Murray Products 1 2% 28% 26% 28 % 10 21% 21% 22 2 Corporation 2% 5 — _ 110 35% Jan 2(4c 5,000 2c May 33(4c 9% 9% 9% 1,335 9% 2.55 2.60 937 2.10 Jan 3.50 al6% al6% 50 13% Jan 17% Oct 343 25'4 Mar 34% Sep 207 38% Mar Corp 3% 3% 100 1% Jan 2% Aug July 28% Park 3% ... Products Metal 3 2% Rust-Proof Peninsular 3% 1 Chemical Parker 31% 2% 3% 10 Oct 100 21 765 15% Jan 624 2% Apr 3% 3 1,245 3% May 4% Jan 3% July 2i/a Jan 450 31% 100 Rickel «H W) Co & River Raisin Paper common Rudy - Manufacturing 5 . 29 3% Jun 31 % Mar Kern County Gas Land 33% a44% a45(4 Jan 12% May Libby McNeil Lincoln 54(4 Aug 12% 525 6% 67% 9,813 4% Jan 9(4 al67/8 al7 65 16% Sep 17% Jan 66(4 66% 770 50% Apr 66% Nov 59(4 59% 463 7 7 320 a55% a55% al7 __ 0 4 7 1 Libby & (Un) __ 7 Co Aircraft Corp 1,224 1% July 2% Jan Lockheed 750 19% July 24% Jun Magnavox Company 2% 200 Mascot 2% • (Un) Petroleum Sep 3 Jan Inc 25 8% 8% 480 1.00 1.05 2,210 a30% a31% __ lOo 1.00 1 9% July 16 166 45 Sheller Manufacturing Timken-Detroit Axle Udylite Union 10 _ 1 _ - 63 (4 Oct Jun 7% Jan 36% Sep 9(4 Oct Apr 7% Jan __ 95c July 24% Jan 1.40 Jan 35 6% May 8 900 2 Jan 3% Mar 12% 825 11 July Menasco al6% al7 90 15% 15% 115 11% 1 Co Manufacturing South 87 (4 c 90c 400 70c 2% 625 1% al6% al6% 122 15% 27 >/4 33% Mar 14% July 18% Oct 23% Jan Apr Utilities Co Inc 2% 1 (Un) • 1.05 Aug July Jan 3% Aug 20% Mar Young Spring 4 common. Walker <fc Company Wayne Screw Products ... 13% 23% 80 Montgomery Ward & Co Inc (Un) • 62 60(4 63% 858 49% July 66% 5 __ 18% 18% 555 16% Mar 22 Jun 26% Jan 18 Minnesota Jun Montana 350 11% July 14 18% 755 14 Jun 13 735 10 Feb 19% Aug 13% Jun Power 615 15 July 1% 1,200 1 Apr 1% Oct Nordon Corporati on 36% — 8% 36% 200 24% July 36% Oct North Oct 9% 16 Jun May National North American Friday Week's Range Shares STOCKS Par Admiral Amer Radiator Tel St & San Tel & Co High Edison Ohio Co Oil Low High 6% 27% 27% 265 20% July 38% Apr Viscose Corp American Woolen Co Anaconda Copper 38% 1,033 11% 710 29% July 9% Jan 38% 107/b __ • 13% __ a64% 100 13% 540 a62s/8 a65% Armco Steel Armour Atch <t 1,170 146% Jan Co 14 Bandini Barker 43% 47 1,215 28% 5 __ a71% 10% Oil 10% 1,490 red Pacific Lighting Corp common Pacific Western Packard Sep preferred Benguet Consol Mining Motor Blue Bolsa Borden Pictures Inc Paramount 137% Oct Oct Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) Pullman Incorporated (Un) Sep 47 Pure Oct Budd Apr Corp of America (Un) Republic Steel Corporation (Un) 13% 13% 650 14 575 10 Oil Co Mar 15% Aug Reserve Jun 16% Oct Rexall 7% Apr 5,325 3% Jan 460 16% Jun 20 10% — 10% 11% 2,895 a46% a47% 120 1% 1% 10 1,900 Feb 35% Jan 1 (Un) . Radio 9% 4% 44% 44% 47% 2,999 7% — 5% 5% 5% a50% a51 31% 900 __ 49 7% 1,348 a36 a36% 7% Case Pacific I) (J Caterpillar __ 75 13% May 51 Aug Rice Oil & Drug 1 .—25 ... Cities Service Co Clary Multiplier Corp 10 (Un) 1 Ranch Oil Oil . Jan 47% Oct Schenley Solvents Finance 6% July 25% 9% May Jan 37% 4% Mar 50 8 Feb May 51% Mar Feb 70% Jun 7% Jan 11 Oct 630 12% Jan 18% Jun a47% a47% 18% 19 a49% a49% 65 40 Mar Commonwealth 1,260 14 Mar 50 44% 44% Seaboard Oil 14% Sierra a6 22 74 76 2,271 a8174 a84% 51 20% Oct Oil Edison Consol of N Y Co (Un) Consolidated Liquidating 1 Corp Consolidated * Engineering Corp Aircraft Consolidated Vultee Co Power Consumers of Creameries 1 5 Crown • Zellerbach Curtis • 1 (Un)_ Inc America 1 * —' Corp Motors Continental * (Un) 4 63(4 191 65 Jan Jan July 84 Oct 86% Oct Oct lOo 16% Apr 23% 12% 409 li3/« peb 14yt Apr 19% 19% 310 Oct 160 17 May 27% Aug 21 a28 900 25c Publishing Company (Un) Curtiss-Wright Class • common; <Un)__l 1 Corp (Un)—;l A (Un.i Corp Douglas Aircraft Co Inc Industries Inc de Electrical Oil Exeter Nemours & Ltd Fitzsimmons Ltd 30% 30% 550 27% 21% 22 400 19% July 2% 2% 100 2(4 Oct 16% 475 10% Jan a30% a30% 7% 7% all% all% 43% 43'% 9% 1,100 9% 10% 2,685 a22% a22% 10 a79% a79% a79% al°% al9% class __ 1 A __ 2 General Electric Co General Foods Corp • (Un) (Un) General Goodikh Util Public F) (B Corp 50 • (Un) Company a47% .5 51% _5 Genera] Motors Corp new common , a20% __ * Goodvear Tire & Rubber Co common..* Graham-Paige Motors (Un) a59% 1 3 3 Corp Hotels Corp Hilton < (Un)___ __ 5 Holly Development Hudson Hunt Motor Foods Inc For footnotes see page 41. 1 — 12.50 2 60 15% 6.66% Co__: Car Company 15 700 8 Jun 11 20(4 418 17% Feb 22 1,159 14% Jun 18% 43% 1,931 2,167 23% Jan 44 Oct 18 — __ 18% 6% 18% 650 11 % Jan 25 Mar 6% 1,370 52%c52%c 44% — 6% 52%c Apr Oct 4% , Jan Feb Sep 20% Oct 100 7% July 270 44% Mar 59"% Oct 163 33% July 26% Feb 48 Oct 172 1,300 44% 45% 564 8 36% 10% 34% 17% 500 1,080 a69% a69% 60 34% 8 36% 10 % 34 —• 17% * preferred ___25 25 25 25 — preferred 4.48% preferred 4.88% preferred — __ — a69% 12% Jan 12 Mar 44% 48c Oct 23 1 5% July Apr 7% May Mar _ 37% 62 %c July Feb 5(4 49% Aug Jan 8 '4 Aug 355 27% July 36% Nov 290 7% Mar 647 * 11% Oct Aug 34% Nov 16(4 July 21% Feb 51 Jan 73 Oct 54 29 53(4 4c. .— — __ — — — 6% preferred Southern preferred—25 Gas 6% Calif Southern — 25 — A— class Petroleum Calif Corp Co Pacific Southern 2 5 * Company 32% Mar 1.05 Jan 77% 80 53(4 1,014 41% Feb 4c 54 4c 56 3,000 4c Mar 1,278 31% Feb 56% 56(4 20c 29% 25 25 36 3,100 16c Jan Mar 9c 60 Oct Apr Sep 57% Sep 38c Apr Sep 1,950 22 Jan 31% 1,383 16 Feb 25% Oct 33% 25(4 27 1,572 31% July 36% Jun 160 25% Nov 25% Oct 645 25% Sep 28% 27% 33 25% 26% 28% 27% 270 27% July 28% May 31% Oct 14 11% — 33% 33% 13% 225 27% Oct 28% May 188 33% Nov 134 33% Oct 1,126 12 % 33% 33 k 14 11% 60% 11% 59(4 36 May 36% Mar 1,124 Sep 10% July 22% 1,189 50 62% Aug Jun Jun 13% Mar Railway Company Standard Brands Inc (Un) Standard of 13 Co Oil Co Standard Oil Co (N J) Webster Inc 62c 3,700 9% 9% 350 a20% a20% 30 48% 50 1,070 (Ind) 26% Jan 5(4 Apr 17% July & Stone Studebaker Corporation Sunray Oil Corp preferred class B Company (Un) Oct 10% Oct Tidewater Swift & 25 • 50c Company Texas (Un) Co Oil Assoc 84% Oct Tri-Continental 20% Oct Century-Fox Film (Un) • Union Carbide & Carbon Corp (Un)_* Union Oil Co of Calif common 25 12 37c July Jan 8% July 83% Jun 14% May 87%c Mav 10% Mar Transamerica Corporation Airlines World 15% 42 44% Jan July Sep Sep 23 * July 50% May 51% May 54% Oct July 88% May 44% Jan 1% jun — Corp (Un) 1 Twentieth (Un) Pacific Railroad Co Union United Aircraft Air Corp Lines Inc (Un) United States Rubber States Steel 18% Mar Universal 88% May 64% Sep Warner 10 (Un) Co —* 10 Corp___ Consolidated Oil Co Pictures Bros Inc (Un) 5 Oct West Jan Western Air Union 30 11% Mar 14% Sep Elec Corp (Un) 12.50 Willys-Overland Motors Inc (Un) 1 Woolworth (F W) Co (Un) 10 850 350 Oct Oct 39 42% Jan 57% 868 66% Jan 86% Oct 191 17% July 23% Apr 650 25% July 36% Oct 2,637 10% Jan 17 Oct 615 19% Jan 29% Oct a75a76% a82% a82% 14% 14% 293 32% 16% 17% 1,962 — 1.55 Feb 13% July 9(4 Jan 2 80 Oct 17% Oct 15% Oct Kentucky Coal Co Lines (Un) 4 1 Inc Tel Co (Un). ., * Westinghouse Zenda Gold Mining Co — — — __ — — — — a95% 26 % a38% 89 36% May 40 Oct 60(4 Feb 75 Oct 10c 31% 16% 17% a9% a9% 22 22 47% 47% 29% 30% a94% a96%. 20 610 Jun 72% Apr Apr 14% Nov 1;789 117 71 10% 23 Jan 32% 14 y« July 19 15% 20% Jun 8% July 11% Jun 18% July 25% Jan 40% July 50% May 10 1,727 24% May 33% Sep Feb 100% Sep 253 85 Jan 33% Aug Jun 19 31% 31% 314 26(4 17% 17% 295 14 4 al8% 4% 350 19% 70 al9% a 19% a46% a46% 110 40% 42% 5,855 25% Jan 42% 59 59 370 40% Feb 62 12% 13% 300 11% July 19% July — 41% 59 — a23% — a39% — — — 8c a23% a23% 9% 9/4 a36% a39% 32(4 a8% a45% 8c Apr 507 — a Oct May 235 — — 3 15% Oct May 78 16 27% a39 common. 1 11% 15% 46 24 Jan 15% 4% al9% 9% July 14(4 Feb July 61 — 1 10 (Un) (Un) Theatres Paramount United 5 10 (Un) United Corporation (Del) United Gas Corporation 50 1,025 15,350 20 % a20 31% — Jan 15 2.75 16% 33% 80 al8% 30% 16% Trans 510 2.50 295 1,344 al9% 31 2 Oct 16% al3% al3% — 5 Aug 16% 10% __ — 11 49 10 — 10 24 Jan 110 90 1 1 25 25 43(4 4,982 3,230 (Un) common Jan 51% a58% a59% 2% 3 * (Un) (Un) Texas Gulf Sulphur Co (Un) Textron Incorporated common Sep 61% Mar i, — a41% a42% a24 a24 75 75% a55% a56 86 86 33% May Jan 50 50 25 14 a47% a48% all0%all0% (Un) (Un) 16% Mar 320 60c • * 25 Calif Oil a42% Aug 72% 1,200 13 • Southern Western Greyhound Corp 9% — United — • • 1 (Un) 9 22(4 50 __ Corporation 53 Jun Southern Calif Edison Co Ltd com—25 Calif of Co 29"% July 29% 220 al9% 4 Garrett Jan 3% 20c 28% United * - Corp 6% Aug 7% Jan 195 8% 60c • — __ - 11 25 5 1 55% 37 % 41 __ • 29"% July 6(4 Jan 100 __ — 48'% July 50 23(4 4(4% 75 __ 10% Jan 14% 50c A Nov __ » class Stores 25c ; Co Products Corp Co 25c ' Dresser duPont » 30% __ 360 1,420 Jun Oct 12% a27% __ 29% May 7% Aug 23% — 29% May Jan — 4.08% 15% Mar __ 29 Jan 28% 17% — a46% • 4.32% 637 — Sep 28 335 24 Oct 18% 25c 27% 100 28% 9 20Va 58(4 class A Standard 1 • 100 28% • Nov 17% — Gould & Sav Mining Cons Choilar 28(4 15 54% 18% May — • (Un)— — Oil Sinclair 44% Feb 25 37% May 18% 19% 9% 9% 57(4 58% a46 a46% 41% 41% 20(4 25 Co Gas & Petroleum Signal Jan 4% (Un) — Corp Class B Apr 11% July 3% July (Un) Co 190 34% Mar Sep 300 a22% a22% of Del Co Trading 33- 690 a6 Co— Sears Roebuck h Company 41% 1,350 14% __ Corp Edison Jun 36% _1 Regis Paper Co (Un) Socony-Vacuum Oil Co Inc ■ 3% a22% Oct 35% Oct 3% • 40% 30% July 34% Oct 5 1.40 Industries 3% ( Un) Preferred Commercial 26% Mar 50 50 a49% a49% 3% 3% 9 1 0 Aeronautical Company Ryan St 56% 75% • 20 1 1 Jan 918 __ — 29% 185 2,947 30 28% __ • Co Safeway Stores Inc Southern Columbia Gas System Inc Aug 601 32% 28(4 __ 1 Corporation 2(4 355 — com Fuel & Iron Corp Colorado Apr May 3.00 Mar 28% — 2.50 Gas Company Inc Jun 9% 17% 9 17 __ 1 Corp..; Company—______ Chrysler Corp 19 10 (Un) Co Products __ 25 (Un).— Co Aircraft Cessna com__ Co Ry 10% 50c Jan Feb a64% a66% 17 * (Un)___—25 Corp Tractor Certam-teed 9% * Packing Canadian a65% — • • 9% 18% 5 (Un) Co California Jan Jan 1.40 36(4 — 25 Jan 4% 10 Corp (Un) Department Store Inc Feb Jan Aug 32 2974 — 50 33%c 5% 7% 11 % 133 Signal Broadw&v Borg-Warner 6% 20c Oct Jan 17 Jan a38% a39% 30 a39(4 1 (Un) 560 7% 1 (Un) Company 17% Oct 14c July Jun 5 (Un) 5c 35% July 54% 15 Airplane Company Chica Oil Corp 4,050 3% (Un) Airways Jan .2 Corporation Diamond Boeing 2,000 10 Feb 18% * (Un). 25c 1.95 9 —• (Un) Jan 4% a46% World American Seaboard Bethlehem Steel Corp 730 25c 1.85 • Corp CO 8 18% 5 Oil Car 37% 13% 50c (Un) 9% 25c 1.85 —25 104% — 20c (Un)______ 475 25 ... preferred A 125 1 Corp Oct 1,105 25 redeemable 1st preferred red 5% 102% Jan 10 Co Aviation Bendix Nov 27% 75 26(4 25 5% Richfield Basin Feb 75 • 110 100 Corp common 21% 41 112 72(4 25(4 17% 8 a65% a71%, — (Un)—13 (Un) 16% July 17% — — 20 al23% al26% — > 3 (Un) Co Petroleum Bros Mar — (Un) (Un) 16% May 67% Oct Feb 28 25 Ohio RR Co & 22 1,287 (Un)__100 Works Locomotive Baltimore 402 36 Co— 10% 1 Nov 161% May 70% Mar 30 35% a98% al03% — Manufacturing Corp Baldwin 201 29% 35 % (Un)____— (111) Refining al03% (Un)__30 10 Co Topeka & Santa Fe Ry Atlantic Avco (Un) 610 1 12% Aug 11% July 54% May 240 151 151% __ (Un) Mining Corp (Un) 14(4 1 Company Company 4.80% 37% 11% Pan American 14% 10 preferred 38% (Un)—• (Un)., 11% 4,500 (Un)_100 Pacific Gas & Elec common 1 (Un) 21% 897 8c 10 Cons Railway Co Aircraft Inc Ohio Range Since January 1 * American Smelt <fe Refining Co American Low 1 Corp Allis-Chaimers Mfg Co (Un) American Airlines Inc (Un) (Un) Occidental Petroleum Corp Oceanic Oil Co for Week of Prices 386 16% 16% Sales Last Oct May 8c a24% a25% a25 • (Un) Oil Jun 16 • . Pacific Northrop Sale Price (Un) Ltd Co American Northern a21(4 a22 % 150 1 (Un) Corp RR Aviation Inc Amer North Angeles Stock Exchange Central 28% 1 Distill,ers Prod York New (Un) Corp 15% 7% 28% — * 7% 2,300 __ * Co 1% 1% * Los Power Co. 15% 1 Wire & 8% 1 _ 12% Apr 18 — Sep July 20'/a July 13% 12% 18% 1 Aug * (Un) Sep 8 2% 12% - — 5 . Comoration Investment ■ Sep Jan 6% 23 Nash-Kelvinator common Apr 1 (Un) Oil Middle Scotten-Dillon Apr 12% __ 8.75 Co 2% 1,589 12% 1 Company 20% 2% — Nov Oct 7%c Nov 7% • .1 _ 32% a45 • Lane-Wells Company 2% 2 33(4 7.50 (Un) & 2% * (Un) al6% • Corp 20 % 1 Brewing 2.55 • Light Co. (Un) Kennecott Copper Corp (Un) Loew's Pfeiffer 50 Nov 23% Paper Co Power Laclede National Stamping Packarfc Motor Car High 46% 2%c (Un) IntT Tel & Tel Corp 1% 1 Drug low 46% 2(4c Oct 6% July 1 _ King-Seelev Range Since January 1 High 46% International Nickel of Can (Un) Kinsel Low 25c Development Co Ltd Independent Exploration Co 8% — . Shares 100 (Un) Imperial 15% . 10 common- common. 3% Illinois Central RR 17% —— for Week Par High 6 % 2 _ __ Mfg Co common .convertible preferred Hoover Low Sales Range of Prices Friday 5 Lamp common. Hastings Mfg Co Week's Last Sale Price STOCKS Range Since 1 January 1 16 25 295 Oct Jan 4% July 19% Oct 17% Mar 23 Jan 38% 52 3% 16 Jan 7% Jun Jan 16% Jun Oct Oct Aug Jan 19% July 10% Aug 135 21(4 41% Sep 33% a8 4 a46 535 297/a July 5% Mar 36 Jun 50 40 44 49% Feb 8c 1,000 17c Apr July 2%c Jan 9% Oct r.7 34 The Commercial and Financial Chronicle (1762) . . Monday, November 6, 1950 . OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED NOVEMBER 3 Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS DAYTON & GERNON Par CHICAGO 3, ILL. Heileman Stock Hein Chicago Board of Exchange Hibbard Trade Co Brewing (G) ; Corp Werner MIDWESTERN LISTED MINNEAPOLIS UNLISTED AND MADISON LaCROSSE EAU Illinois 27% 200 22% Jan 28 28% 500 21% Jan 28% Oct 9 200 6% Mar 9% Aug 38 37% 38% 195 43 12% 12% 100 36% July 12 y4 Sep 27% 26 % 27% 400 22 July 29 Oct 4 105 3 Jan 4 Apr Tool Pneumatic Midwest Stock Exchange Week's stocks Range Shares Abbott Laboratories 5 Steel Co Acme Admiral Advanced Aetna __l Alum Ball Affiliated Allied __10 Corp Castings Gas American Rad * __ (Un) 1 (111) Stand & (Unt 43 % 25 % 25 3 29 Va 4 760 9% 32 Va American Tel Anaconda Armour Tel & Copper Steel & Asbestos Co Co Co 100 151% (Un)—.50 Mining 35% (Un) Illinois Iowa 31 % 715 1,384 24% 200 13% 1,600 Jun 8% July 26% Jan 9% Jan 17 July July 11 Va . 7% Sep 8Va Aug Jim (111) __5 common Manufacturing Co 1,975 146% Jan 35 l 945 27% Jun 11 4,200 7% Jan 1 1 1% 1 47 10% 10% 36 V* 43% 26% 1 Va 1,600 27% Mar Oil & Refining Co com $1.20 convertible Atch Topeka Afchey preferredSanta Fe (Un) & Products Avco Mfg Apr Kansas Power 12 % Aug Katz 25% Oct Kelley Island 16% May 161% May Knapp Monarch Co__ Koppers Co 47% Oct Kropp Forge 11% La University Extension Salle Refractories, Inc..— Bastian-Blessing Co— Belden Mfg Co Bendix I 1% Apr 20% July 27% Oct Lamson & 27% 500 24 July 27% Oct Leath & Co common 112 103% Feb 135% Oct Libby McNeil <fc Libby Lindsay Lt & Chem common Benguet Consol Mining Bethlehem Bliss & Booth Borg Co (Un) 750 4 Va July 7% Oct 7% 2,100 5% Jan 9Va Apr 10% 100 class Mfg Lonergan 8% Sep 10% Steel • Laughlin Inc Marshall Field 39% 50 33 % Jan 43 Aug 1,050 11% Jan 22% Oct Medusa 47% 817 35 % Jan 52% Sep Metropolitan Fisheries Corp W) Corp (George 1% 150 47% 2,180 17% 400 9% 10 5 200 17% __ 1% 5 Va 44 44 2% Brach & Sons Brown Shoe (E Co 10% 1,150 1 Jun 1% Mar Meyer Blanke Co Food 6% Utilities Feb Middle 30% Jan 47% Oct Miller & Hart 14 Feb 18 Jun Nov 11% Budd (E L) Co Co— (Un) 9 % Minneapolis Brewing (Un) Centlivre 50 100 42% July 57 Feb Brewing Co— 50 14 Oct Motorola 52% 53% 95 10% July 36% Mar 53'/a Nov Muskegon 16 Va Feb Oct 73% May 19 100 16 Aug 20% Central Illinois Convertible 17% 685 14 Mar 18% Jun 33 150 25 July 34 Feb 19% 19% 100 16% Jan 20 May 13% 12% 13% 1,590 8% July 14% Oct 19% 18% 19% 2,400 14% Mar 20% Certain-teed Secur Ohio (Un) 14 Nash-Kelvinator National National 200 2% Jun 3 Oct 3% Jan North American 364 12% July 16% Mar North American 388 31% Oct 38% Feb Northern 21% 22 July 22% Oct 14% 1,200 640 5 Electric 19 Illuminating 11% July 18% May Oak Mfg Oct Apr Ohio 64 64 100 64 Oct 67 Apr Ohio Oil 16 16% 4ttU Jan 17% Oct Oklahoma 74% 78% 1,760 Packard 81% 84% 416 18% 19% 4,900 85 85 77% 19V'a 50 41% 41% 372 33% 33 34 % 370 5 25% 25% 25% July 7% 63 Jan July Stock Vultee 84% Oct 87% Oct Pan 20 Oct Paramount 73% Jan 87% Oct Coal Co conv prior 100 38% July 29% July 20% Jan 47% Apr 5 % 28% Oct Pennsylvania 11% July 27% Sep 14% May 33% Mar (Un)__l 14% 16% 585 12 y8 Mar 17% July Public '22 % 23% 134 17 25 Public Service • 29% 30% 761 59% 62 % 85 7% 7% 375 Erie - Dock & Auto Corporation General Electric Co (Un) General Finance Corp common General General Motors Corp new General Gibson Gillette Public Utilities— Refrigerator Co Safety Glldden Co Razor Pepsi-Cola Gossard Pure Co Co (W H)__ Graham-Paige Corp (Un) Gray Drug Stores Car 450 3% 400 31% 110 30% Sep 29% 373 23% Jan 38% 100 35% Aug Feb 44 2% July 9% 60 4% Oct Aug Apr 36 % May 5% 20 6 2,700 20 20 9% 9% 450 16% 17% 800 Sep 5% 32% Sep 60 Jun 7% Jun 15% Jan 20 Oct 8 % July 11% Feb 15% July 20 Va Apr 27 % 200 21 % July 28% 30 % 15 30% 38 •„v— 12% 5% Jun Nov 49% July 60% — 2,110 9% 500 8% 8% 910 52'A 9% Mr 63 % 49% 49% 8% 650 7% July 6% July 16% July 49% Nov 7 Jan Sep Apr Jun Mar 66% Oct 56% Oct 10% Aug 11% May 22 19% 2,400 13% 13% 500 11% May 14% 30% 19 — 31 150 24% Jan 32 18% V 4% 200 3% Feb 16% 1,300 11% 14 — 4% 15% 4% 14% 550 18 Oct 17 Aug 16 % 19 Aug 21% Mar 17''a 17% 100 17% 18 Va 1,531 16 Sep July 10% 10% 2,300 10 July 29% 29% 30% 850 19 19'A 13 " „ 14% l„25o 15 Oct Oct Jun Jan 10% - 5% May 12% Mar 17% 13 Mar 25% Jan 33% Apr 16 Jan 19% Nov 10% Jan 18% Apr 900 2% Mar 6% Apr 29% 30% 2.500 28% July 35 Va Feb 38% 39 % 522 26% Mar 41 Oct 20 38% 39% 400 38% 42% Oct —0 3% 3% 1,800 4% Jan 9% 314 pfd Co 2% 2% 30 8 8% (Un)_2% 3 Nov 3% July 7% July 11 1 19% 20 100 17% Feb 22 23 % 23 %. 100 19% Jun 24 % a 6% x7 300 5% Apr Feb Oct Aug 8% Aug 17% 17% 80 15% Apr 19 xl8% 19% 2,300 14% Jun 20% 112% 114% 25 369 Sep Oil Co 8% 9 % 9% 762 107% July 7% July Oct 139 Va May 12 Mar 1 of 11% 11% 135 7% Mar 10 25% 25% 400 Sep 25% 26'/a 369 23% July 24% July 27 • 30 Apr Co Co 18% 50 100 -33%c Colorado 13% Oct * 42 y4 41% 43 1,177 26% Feb 45 Va Oct 6 (Un) Radio Corp America of (Un) (Un) Mfg common Remington Rand (Uni Republic Steel Corp (Un) Rexall Drug (Un) 17% 17% 18 4,900 12 % Jan 23% Apr 36% 68% 69% 233 54% Jan 71% Jun 78 80% 1,058 61 Jan 85% 7% «—1 Raytheon 1,050 7% 211 6% July 8% 8% 400 14% 50 41 50c 8% 14% 5 43 % 3,110 6'/a 550 5 July 600 40 Jun Nov 9% 10 10% July 14% 23% 44 Feb Aug Oct Jun 45 45 46% 552 15% 16 550 40% July 15% Oct 15 15% 300 13% Aug 11% Oct Feb 5% May Richman Bros River Raisin Co 10% 10% 100 5 10% 10% 100 8% July 9% July 8% St Oct Jan 10% Nov 12 Mar 1 • 1% 50 9% 1,600 5 1% 2 1,500 1% July 48% 50 1,025 41V2 Apr Jan 9% Oct 2% Aug 50% May 2% * Service — convertible Shellmar Prod Sep Sinclair 49% 51% 6,200 48% Sep 54% Oct Society Brand Oil 1,400 14% July 7% Apr • 48% 50% 592 26% 27% 621 32 July .22% July • 57% 59 251 44% Jan 10% 11% 900 9 Aug 1% Jun 18% Feb 10 Va Oct 5,200 250 26% Mar 36 35 33% 35 1,250 28"% Aug 35% Oct 52% 53% 1,720 40 54 % Oct 14 14% 800 95% 95% 30 95% May 98 Apr 12% 12% 50 10 % 14% Oct 7 4"% Jan July 7% — 13% Oct July 23% July 17% May 1 12% 27% 27% 27% 1.050 22% 22% 23% 2,800 12% 29% 28 29% 1,936 22 24 2J"/8 25 3,300 19% 20 400 11% 11% 11% 2,170 10% July 13% Mar 20% 20 20'A 1,200 19 23% May 58% 60% 475 95 95 11% 12 Va 1,300 12% 350 8'A 800 5% 1 Clothes Inc 15 (Un) __5 5% 400 Jan 31% May 23% Oct Jan 31% Sep 5% Nov 4% May 16 Feb 25% Bend Works Lathe — 15% Jan 23 11 1 2% <■ 11% 2 11% 3 11% 5,400 200 Sen 13% 3 Southern Co _ Southern Indiana Southern Feb 6% Oct Spiegel 10% July 11% Pacific Gas & 5 _ • Elec « Co • —- July 50% Jun 14% Aug 17 Oct convertible preferred 15 16 1,350 29 29 25 25 ~ Inc . 11 Standard Forgings • 3 2 12% 10 y8 12% 100 10 10% 1,000 24% 25 600 —2 11% Jan 29% Oct Standard Oil • of Indiana Apr 9V2 July 12% Jan 10% Mar Standard Oil Co Standard Oil (N J) 21% July 31% Feb Standard Oil Co of 11% 1 Corp Standard Gas & Electric Greif Bros 100 50 90 Mar 62 % 8% Mar Aug 95 Oct 12% Sep Nov 100 Greyhound Oct July . 31 Va May 64% South Sparks-Withington Co— • Oct Aug Feb 51% Va 35% .— Corp Socony Vacuum Oil 645 9% Aug 7% • 60 % 16% Sep « Slgnode Steel Strapping Oct 9% 8 48 * - Corp Jun 57% 16% Jan 34% 100 preferred 90 9% 6% July 40 7'/a 10 _ _ Corp class Br common 200 1 100 160 Jan of St Louis- Common 6% :5 8 44 46% 35% com 1 Co 57% 51 8 43 Oct 7% May * A Co & Investm't 6% 5 43 Jan * Roebuck 5% 42 • __ Securities Serrick 6% —5 57% 8 42% Stockyards— 1 5% July 6% Electric Co Schenely Industries new common-..1.40 Sears 10 42% 1 Sangamo 22 —* Paper Co Public Louis Apr 17 48% & !_<■ 58% 3% 9% * Kadlo-Keith-Orpheum 4% Great Lakes Towing Cooperage class A Co (Un)__ Griesedieck Western Brewery. Jun 7% July 30% of Indiana common Jan 4% 4% Great Lakes Dredge & Dock—. common 17 28% _2% (Un) Steel Service Aug 5% Mar • (Un) Goodyear Tire & Rubber Co Oct Jan 31% 6 0 preferred « Mills, Inc Jan 14 27 % common 11 26% July 3% Jan * Dredge Inc Jan 7% 17 * 30 220 Ii Connell America Four-Wheel Drive General Box Jan 350 « Corp 7% Jan Oct 9% Aug 10% 10 : of 7% 62% 30% 5 (Un)_: Co Mills 454 3,700 Jun 10% 15 (Un) July 19% — Light & Coke Peoples Gas St Louis National Brewing Fitz-Simons Flour 26 10% 57s July 22% Julv 35% 29% III Railroad Falstaff 9% 29% July 48 % Jun May 5 Corp class A de Nemours Eastman Kodak 25% 10% Jan 10 Dow Chemical Co (E I) 7% (Minnl RR 1,425 25 Finance 56% July 6 37Va Mar 5,000 Dodge Manufacturing Corp Doehler-Jarvis Corp — 1,600 5 10% 17% Aug (Un) Pictures 12% 1 8% 3% • World Airways American 28 ____; Oct Sep 300 Patterson-Sargent Co 12% Crane Co x8'/a 1 (Uni Apr 27% 20 du Pont Elec 14 65 % 12 % Curtiss-Wright Corp (Un) 300 58% warrants Car Motor 27% 1 Jan 4 18% —— & Gas • Consumers Power Container Corp of America Continental Motors (Un) 15% Jun 18% (Uni » Aircraft 6% 34% Oct May * Co 25 common.. 1,400 "8% 5 Co—— purchase Pressed Consolidated Consumers Co 150 1,640 1 Edison • (Un) July 1% 14% Co 33% 1 Gas System Commonwealth Edison 4% July 25 12% July Bancorporation 15 Clinton Foods Inc Columbia 5% 7 17 14% new—___10 10 — Power Nunn Bush Shoe 25 • Co Inc 3,950 5% <Um„_____1 Corp Co States 10% July Coleman (The) 130 3% 100 (Un) RR Car Mar 13% 31% Peabody Cleveland 200 4% 33% 900 , Aviation American 580 1 89 6% •" — 10 Central York 441 10 Iron common $4.50 preferred 18 % May Apr 4% 17 -1 Mfg & North 31% Cities Service Co_ Domestic Tile • """"Cleveland Cliffs Apr 82 5% (Un) Corp Cylinder Gas Co_— 12% 25 19% 11 % 20 15% — 50c National Standard 12 12% Chrysler Corp ^— Company * vtc 13 % May 800 3 3% —2.50 Piston Ring Co_ 31 l 500 14% 83 33% 4% ■ —3 13 14 25 Chicago Mil St Paul & Pac , 21% 1 — (Un) 18% 13% ____0 Inc Northwest common Jan 83 12% pref Monroe Chemical Co $3.50 31% 13% _* preferred Convertible 100 3 3 3% Corp— Products Chesapeake & Chicago Corp 3% * Oct 18 % Mar 10 Oct 50c preferred 25% Nov Oct 16% 32% 16% 5 July 7% July * Montgomery Ward & Co_— 13% 1 Central & South West Corp Central Illinois Light Co Oct 15 25 13 Va 25 Biscuit 100 250 1 50 19 Va 9 5% Co 50 12% July New Pacific 23% 18% —_10 55% Eurkhart Carr-Consolldated 1,225 17 Jun 12% —1 vtc common 705 Canadian 24 % 17% ' * 67% « 24 __1 64% 2.50 ___ . 7% Mar .—0 Inc— 65% (F) Manufacturing—.. 8 Burton-Dixie Corp .1 .12.50 Butler Bros common 10 2% 6% — Products prior preferred $1 Muter Bruce 2% Nov 165 Sep 3% July South 1,050 1 6 7'/a 16 ' 15% — 2% 7 ___—__4 _____ 15% 1 23% Mar * Co__ Cement Brick 15% __15 Apr 30% Mar July * & Co_ Portland * J)__„i_ Inc July 18 « * 5 Brown & Bigelow 23 710 1 (Ky)__ 10 Corp 3,220 20% 38 E. Missouri Portland Cement Borg-Warner 26% 19% 14% Aug Oct 20% 5 1 25% 13% • 7% 19% 1% lp Corp. Corp (Un) 9% July 9 4 Mickelberry's Berghoff Brewing 850 24 10 44% 5 12% ——' 7 Co (Un) Sessions Co Gas 39% 20% 10 Sep Jan 12% * 10% ; Aviation 58 y4 46% 5 Jun 820 2,050 Louisville Gas & Eiec Basic Mar 38% July 2% —__—_1 10 -33 V2C Inc Co— 27 7% — 38 165 1,000 Oct 37% 7 7% 3 115 512 42% 100 preferred Oct 12% 45% — * —" Lime & Transport Kellogg Switcvboard common Oct 12% 1 121% 127% —. 4 ; Co Drug Oct 32% 25% July 12% Nov 26% ♦ 75 27 100 Corp Power & Light— & Light iUm City Kansas : 40 Jan Oct 20 Shinkle Shoe—* & Oct 32% 53% 12% 10 1 26 % * Corp Stephens 38% May 12% & Stores common Brown Johnson Laclede Ashland Gas 300 % 33% Mar 43% * Power & Light (Un) % 150% 151% 10 Elec (Un) Iowa 6% Oct 27% July 37% Jan 42 1 (Un) Oct 5% Armco Tel & Apr 12% 24 13% Tel 26% 800 11% 11 11% 9% 3d International 39 5% July Vb % 160 39 12% Jan 50 Oct 30% -- • Jan 200 10 38% 15 19% 7% Jan 120 7.5u 17% 7% 4% 932 (Un) Paper Shoe Co Jan 54% Aug Oct 350 28 % Packers Ltd International 460 7% 33 40% Oct 21% 9% 53% 31 % International High 52 Va Jan % • 920 7% 7% l San Low Jan 14 28% • International Range Since January 1 High 27% —• —— l — Investment American 5 Equipment Laboratories American Airlines 42'/8 43 5 Roller Bearing & Low 34% 150 52% Interlake Steamship Co for Week of Prices Last ale Price Par 150 283 % Harvester 15% May 9% 18% 53% • International Sales Friday Oct 48% 8% 9 0 ! Steel 12% 18 Warrants Inland 9% July Jan 9'/4 1 Indianapolis Power & Light Oct 47% 18 • Products Co Steel 3% 4 100 RR Central Indiana 25% May 10 Co Brick Illinois Jun Jan 0 Independent High 12% 11% 9 10 Hydraulic Press Brick common—_—1 CLAIRE 7% July 500 27% Huttlg Sash & Door common SECURITIES Low 3,550 23 ' 25 Horders Inc 8% 22»/a 3 Bartlett Spencer 8% Range Since January 1 High 27 10 1 Harnischfeger Corp Members: 8% 23 1 Co Instrument Hammond Telephone Central 6-0780 Midwest 1 Co Halllcrafters SALLE ST. 105 SO. LA Low 25 8% (Ohio) common. 25 10 1,204 57% 57% 38% 39 Va 145 86% 84% 86% 1,098 31% 32% 900 Kentucky-—10 (Un) 7Va 56 — July 12% 6 July 42% Jan 58% 9 Oct 8% Aug Oct July 66% Jan 39% Aug 86% Nov 25 Va 33% 34 . Jan Sep Volume 172 The Commercial and Financial Chronicle Number 4957 35 (1763) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED NOVEMBER 3 Week's Sales Last Range for Week Sale Prir* of Prices Shares Friday STOCKS Par Standard Spring (Un) Aluminum Products __l Studebaker Sunbeam 1 (Un) Corp Sundstrand Swift & Texas Corp Timken-Detroit Trane Co Trans World So Airlines Coal Carbide United Air Inc Lines Inc (Un) Paramount Theatres U (Un) s Steel Dorn Iron Warner Motor Corp $4.25 Willys-Overland Wisconsin 1 '. Motors (Un) 10 Jun 143/4 800 1478 Apr 27% 500 24% July 35 15% 20 3/4 Nov 15% 515% 48% 1,036 41 July 17 175/a 311 19 38 20 358 40% — 2,520 42% . 42% 11% July L 32 33% 651 29 % July 36 21 217/b 200 15% Jan 14 3 200 13 Aug 16 Va Mar 85 85 Feb 94 82% 10 5/8 8% 100 12 % 12% 200 85/8 8 r-—' Stan & A 12% 62 10% Feb 14 200 10 Apr 1474 32% 100 20 16 * 16 100 15 _• 13% 137/b 355 Tel a 65% 20 151% 151% 1,930 48% Oct 537s American Tel & Range 100 20 34% 35 1,317 31 10% Co (111) (Un) Atlantic City Elec Co Baldwin Locomotive 151% * 15 3 103 35 Locomotive 5Vc Transit 1st Budd 15% 525 Co 18 19% 18% 19% 964 13 13 13% 145 * 2% __100 13% 13 13% (Un) 36% 17% 16% 17% Ink 550 Apr Jan Chesapeake 18% Oct Chi 3i/e Mil Chrysler Corp Curtis Publishing Co Davison Chemical 25 77% 73 % 78% 841/8 62% 1,422 • 8% 8% 9% 3,186 1 2672 25% 27% 281 July 5% July 19 July 13% 187e 18 207a 447 18 * 417a 4078 41% 307 65% 653/4 60 common Corp.. Chrysler Oct 10% Electric & Power Storage Light com Oct Oct 2474 Mar Battery Fidelity & Deposit Co ____10 — 3578 Apr 447a Corp Motors Corp new 5 com Lehigh Coal & Navigation Valley RR Lehigh 51% 5 493/8 52 177a ■ 18 7b 573/4 July Corp Cities 13 Mar 18% Aug 50 Oct 8c Oct 15c Jan • 47% 47% 160 34% Feb 52 Sep 51 Aug 53% Feb Co Service Fuel & Oil Commercial - 5s series 9 7a July 255% 25% 253/4 2,779 21% Jan Jun 683/4, Feb 31 July 88 Oct 37 Oct 153/4 Apr 23 Sep * al97/8 a27% al97/8 a 19% 50 16% Apr 21 Jan 2S a82 3/8 a84% 35% Solvents (Un) Edison 27% 46 250 37 5% 5% 350 30% 427 26 3/4 July 27% a28% 5% 5 (Un) 3,613 14 6/8 Jun 21 Oct Continental Motors common 242 413/e Feb 523/8 Oct Continental 35% 60 Oil of 273/8 4,551 23% July 405 23 8/« July 7% 2,057 43 7B 4?>/h 44 74 Oct 7 July 54 2174 215/8 227a 992 267s 257a 26% 527 2278 245/a 612 203/a Aug 26 7» 33% May 14% Oct Jan 173/8 July 7% 187 6% Jan a76% a79% 10% 113/8 11% • 57 Jan 61% Mar 700 107/. Sep 14 2,401 27% Jan 103 39 413/4 1,824 387a Aug 457a 44 74 Co of Oct Feb * 397a 397B 82 333/8 Aug 695/8 1 727. 77 555/8 Jun 1 3% 4% 1,734 1372 277B 27% 287a 622 10 21% 21% 21% 120 4 3% $3 preferred Dumbarton Apr du Pont 217/s Mar Eastman El 45 1975 1975 49 537a 48 — 10,900 Kodak Co Dorado Oil — 4972 May 54 Mar 1,255 297b Jan 37% 158 58% Jan 6% Jan 70% Mar 7 3/i May 79% 79% 540 61% Jan 82% Au* 45%' *45 7a 438 •403% Aug 48% Apr 35 95/8 -5 Machinery A Chemical corn- .10 • General Electric Co (Un) : 237. Mar 350 3672 July 50 31 a477s '15 33 576 25 3374 Oct 517a - common. Pittsburgh Stock Exchange Week's Friday stocks : Range< Par --Alleghany * Ludlum Steel—;. - -30% Co. Clark (D L ) Columbia Low 275 36% * 10% 10% 15% 16% ' " Co— ■f-; Gas System. Duquesne Brewing Equitable Gas 'Cd-L.l- —. 5 r 200 11% July 10% Jun 745 19 213 11% 10 • Oct Apr 24% - -* - . Jun 17% July Feb Jt Brewing --Li—: Harbison Walker- Refractories com--,* 26% 27% "210 20% July Joy Manufcaturlng Co-L-^_; ~ .1 28% 287. '126 24% 247/b 22 23% July 22% July Fort Pitt 1 11% 11% - Lone Star Gas. : L_ 70 : * National Pireproofing Corp— Pittsburgh Brewing a ■ '' , 10 39% Renner Westinghouse com Li. 1 1—___l v t .1 Air BrakeL.-*.iL— j. footnotes, see page 41. Oil Corp — Hudson; Motor Car Co. Hunt Foods Iiic Maryland 5 450 3% July 732 2 Jan A -* 1,620 68% 50 67 Jan 84 a— 68% — allO'/e all23/. a575/e a58% 110% 31 July 41 Oct inti Nickel of .Canada (Un), 6% Mar 9 Sep international Tel Ac Tel com 6% 39 % 226 8% -50 65c 6 •14% Jan 377. Feb •42% JUB 12% Jun 447. 136 16% July 73 , 54% Sep Jan 1,270 365 ',35% July 10% 505 9% July 21% 27. a43%: 3 l5/« July a427/8 a43V2 3 1 .• 3 10% Feb Idaho Power Co 15c i ■/19,700' '311 - 32-V 32Vz 32% >•• . - Oct ■ Nov 20% 1,631 16% Mar 21% Npv 2.60 2.50 2.75 3,300 1.60 Feb 2.75 Oct 7% 8 400 3V4 Feb 8% -r-—-• 90' ——12% * al5% ———6% ' 89% 93 3,084 — »1. (Un)—1 20 - ■ -49 —33%c 33%, Jan Mining Co ——J~ --P2 60 13% July 9% Jan 17% Oct 100 1.15 1.20 3,833 l.fO Oct 2.05 Jan 38 Mar 128 9% 9% 1,350 33% 33% 200 12% 18C Oct Johns-Manville • 26% 67s Oct Kaiset-Frazer -1 Jan Kansas Power & Light - Opt Sep 15% a35% a35% • 96 15% 9% —• (Un)—• * al5%a.16% 1.20 IXL , ^. •433/4 Oct il%ian 21 % F^b 95c Aug a—-' — 12% 110 8% Jan 28c 100 18c- Aug • 28c -- -9% Nov " 25% Mar 153/4 Oct Mar 38 i2% May 34% .Oct it . 36c Apr Feb - 25% . 55c 200 Oct 107a Aug Mar 24% - 113 13% *"14% 50% Mar 54 • . Mines Corp 3% 13c 14c-, -a48% a - Sep -1 — * 31% WestinghouseElectric'Corp—iw__l-12 % For -HollyDevelopment Co Hqlly Oil Co .(Up) -— * 65c 25% 825 48 3/4 1274 a50 3 it<L— 47/8 • United States Glass (Un) Greyhound Corp .Idaho 37% 65c 12% 497. 27% May » 8% .1 8an*Toy Mining -,Standard Steel Spring' . (Un) Hawaiian Pineapolo =Co •-Honolulu ' 34% Mar Corp Great Nor Ry nonrenal Independent Exploration 3% 3,556 14% —_— 3 • —2% Pittsburgh Plate Glass.. Pittsburgh Screw A Bolt Corp.-™ • 28% Oct * Co— Common - Jan preferred Graham-Paige - 14% -Fob , • 100 Goodrich (B F) Co (Un)—-—-—,♦ Goodyear Tire A Ruhoer (Un) ' i. 51% 1274 a 50% JUB 417« Jan Aug •46 224 50 Oct Oct May Jan 14% 160 •214 ll.% 21% 10% 17 21% 11% 38% . Apr -8% July -. 9% 12 8.50 - Feb High• Jan 10% 14- 12% 9% v r-—^ „ 21% 96 135 Golden State Co Ltd common 4% Range Since January 1 High 36 16% ' Shares Low pfd_ 111" io Arkansas- Natural- Gas 6 % Blaw-Kiiox v for -Week of Prices Last :Saie Price _• : July a477a a483/8 -Sales - 962" 497a 487a' —• - Feb 153/4 July 487a 32 [_• 127a 83/4 July 50 48 • Food 460 93/4 Oct al97s al9% __ . General Foods Carp (Un) General Motors Corp new Oct 4% Aug 1,050 • Works Oct 90 3% July 67/8 -5 Emporium Capwell Co 23% Jan May Sep 6% 343/8 (Un). .10 common Oct Aug a677. a683/8 a68% .10 de Nemours 11 60c Aug 68 73., . 97/b Jan 11% 21 90 a 3 3/e 105% May Jun 7% 50c Jan 31% Oct 6 726 197/e 90 lis Electric Bond & Share Co (Un) 323/4 July 347a July $30,000 (Un) Bridge (E I) 200 * 347b (Un) 55C a3% * Chemical Co common 2,195 Aug 43% Nov - Feb 177/s 55 105/8 19% 19% * Co a87/s 97/8 55c —5 — Mfg Oil Fields Co Dominguez 29% Apr 45 a83/4 9 102% Jah * 1 187 10% Feb 474 Jan 22% July 19 Apr 103 103% 2 Doernbecher . a30% a30% * May 263/. 30% 207. Aug 257a Nov 54 43% 42% (Un)„• America Cypress Abbey Co Sep '725/8 Steel Publishing Co (Un) Curtiss-Wright Corp (UU) Oct 413/4 * common 113/8 May 10% 43% Curtis Apt * common Crucible 474 July 83/4 Aug 32% Mar 778 1 common.——5 ZeHerbach Corp Preferred Crown 277. May 263/4 Mar • common 17 300 Z93M Jan 3074 Aug 257B Co Nov 16 1 197a 515/8 5% 73/4 5 187a 507a Oct 47 16 } (Del) (Un) America Inc—i— 183/4 50% Sep July a44% a44% 1.33% Aircraft Vultee 32% Mar 3% Mar 30% a 147 46 25 — Coppermines 27% May 253/8 A 83 Consolidated Edison Co of N Y (Un)__• 1,409 26 4s 63 % 150 Consolidated 12% 257a Transit Co 1,215 297 Oct 12 BONDS Baltimore Oct 76 % Consolidated Chemical Indus class A—* 277a Inc 46 3/8 18% Consolidated • Improvement— 17% Apr Jan 35% 127a Corp Gas Jan a Oct 12% 774 Oct 7% 29% Oct 75/B Oct 186 278 al77/s Oct 20 337. 25% July 16% al6% a387/8 a44% a 18 Sep Dow United 1,222 Oct Sep 2.60 May Jan a 97a • United 313/8 31 473/s 40 Jan Mar 1.40 • common 1074 Co Westmoreland 30 31 Jan 32 s/8 275 10 3% (Un) Iron 545/b 37b Jan 915 45% 75 Jan 684 Oct 42% 6,180 75% Jun 47B 20% 42% 2.00 25 7 4% 14 5/s Mar 44 1.65 44% 2.00 Jun 11%. Feb 9% July a363/s a38 % a38% al6% 47b common Sharp & Dohme Inc 337 18% 25 • 100 (Un) com DiGiorgio Fruit Corp B common Sun 19 a a50% a50% — • -1 455 50 Paper 45 „10 21 Va • Reading Co Scott 6 10% al03/8 25 Sep common__ preference a51% a51% 1% 25 213 4 74 5% Mar Jun 41 9% • 37/s 77 93% 3 div Oct 24 % 150 87a Phila $1.40 Jun NOV 253/4 1,100 Feb common Gas 18% 18% Apr 8c (Un) Ry RR 347a Corp July 13% Mar 49 (Un) Creameries Public Service El & 14 21 15% 87/B Pennsylvania Water & Power Co Phil co Jun 8c Co 10 Transportation Co com Participating preferred Sep 71% 49 common 50 Philadelphia Electric $1 div preference 38 Feb 15 8'Ai Light RR Jan 58 Oct * Salt Mfg common 2478 112 200 Corp Colorado 6872 Mar 1 Pennsylvania 238 4% 9 ; & 36% 4% 10 Power a65% * Jan a647/e a67% 110 _• Pennsylvania Pennsylvania 36% July (Un)-* Consolidated Grocers Corp Pennroad 3.25 220 49 75 Jun 380 14% 8,490 16 2.10 17 America Ohio & Commonwealth General Gimbel Brothers 47% Jan 2,412 18% Clorox Chemical Co Delaware Jan 7% 2.75 Oct 28 1,517 1,918 30% 11% 2.65 5 Mining Paul St Preferred Oct 47% 10% 24% Co of Corp 15% Jan Oct 51 % Aug Mar 44% 50 Eureka 15% Aug 12% 157/a Jan 17 Co Trading Corp com Packing li/s May 7% July 760 3 2% Aug Jun 10 * Cement Central 15 % 9% 35% 24% ^ Caterpillar Tractor Co common Jan 22 July 50 18% Sugar Jan 9% Apr 160 1 - Apr 27c Jan 165 a 2% (Un) 53/4 13% 10% 2.75 5 Dry Ginger Ale (Un)___ Canadian Pacific Ry (Un) Case (J I) & Co (Un) Oct 495 Feb 9% 5% July 9c July 17,800 * Sullivan Oct* 25 13% • Co Oct 135 a457/8 a46% a46% 1 5 (Un) Feb 11% Jan 2,120 13c 7% 13% 5 Corp (Un) Airplane Co capital 7% al3% 100 j (Un) Corp Steel 9% Mar 626 • common preferred 7 13c 13 (Un) Canada 161% May 17% Mar 39 Jan Oct 233/4 Aug 27 73% Preferred High 13% July 13 Company 7% Holdings Celanese Baltimore a233/4 a28 % (Un) Ohio RR Aviation California 29% May Jan 1,772 14% 10 Works a23% 77/s 104 266 al23%al26% 100 (Un) Calaveras 146% 150% 1517/8 4 124% 2.50 P10 (Un) a 2 Range Since January 1 180 5 Top & Santa Fe Corp 107s _5 Sep Sep 37 July 10 S/8 Calambra for Week 97% 36% Jan Mar & Oct 66% 161% May Feb 28 Borg-Warner Corp common (Un) Low 69% 23 California Shares 100 a987/8al01% 14 (Un) Jan 16% May Jun 53 Oct 13% 146% Jan 312 Calif Pacific High 33 % 100 Corporation (Un)--* Co 315 Boeing Sales of Prices Low • Tel__, Arundel 13% Oct Last Stores American (Un) &36 Bethlehem Philadelphia-Baltimore Slock Exchange 12% Aug 323/a 11% July a61% 587s Aug Jun 21% Budd Sale Price " 24% Mar Byron Jackson Co Par Jan 32 3/« Blair Jan 760 Week's 978 * Bishop Oil Co Oct 11% 51 Friday 52 31 % Bunker Hill & STOCKS 1 a35 % Bendix Oct 11% 12% • 5 Sep 2% July • Baldwin Oct 483/8 12% 5 56% 50 Baltimore & Jun 9% Jan 25 2% . Jun 1374 5% Mar 113/b 100 al07/a all% ♦ Imperial Diesel Engine— Atok-Big Wedge capital Avco Mfg Corp common (Un) 233/4 Aug 14% -- 2% a54% a54,% — a54% Ban Ltd Viscose Corp Atlas Aug 1574 May 4 (Un) (Un) Atlas 65 523/4 Jan 383/4 Apr 27 Oct 3% Jan Apr (Un) (Uri) Tel Atchison Oct 6% Mar 13 — Radiator Armour 10 200 127/8 12% Co Jan 9 —— « Machine 257a 8,100 22% Anglo Calif Natl Bank Sep May 4% Jun 23% Jan 3% Jan 15% July July 217/a July 125 American Woolen Co common. (Un) Anaconda Copper Mining (Un) 187. Aug Jan 100 28% — 10 Foundry American Oct Jun 51 Co American Smelting & Refining Apr 14 48 Factors & Inc American May 110 Car Amer Feb 320 Jun Mining Dye Airlines American 197b Aug 4 & American NOV 1,400 9 — World Publishing Co Yates-American 76% Jan 17% 41% * Youngstown Sheet & Tube 59% 3% Gold American 50% w __1 Bankshares 717 137. Juneau 28 % a26 % a26% — • 41 25 ' Oct 15 1 preferred 40% 143/8 • Inc Jun 13% 4 12% common Co Wieboldt Stores 2,170 33% 3/a (Un) Chemical Allied Oct 50% —— 5 Electric Westinghouse White (Un) 17 18 % * Pictures Bros Jan 47% • Works 103/8 35 1 Co High a427/a a427/8 __ Oct 17% l Corp Van 167/b Jan 9 Low 5 Corp Reduction Alaska 6978 Mar 39% July Laboratories Admiral Air 5,200 76% Range Since January 1 Low High • Oct 15 1 com 36 % 50 3/4 10 Corp Share* Par Abbott 107b Aug Jan 27% • United of Prices Apr 13% 27 7/8 • United for Week Sale Price Oct 21% 18 __5 A Carbon 3,050 75% 163/4 Jan 25% July 346 167s 39% 13% ___5 Corp 47% May 7% 1,350 16% 5 Co St 32V8 38% 76 2 Salle La Union Co (The) Truax-Traer 208 Sales Range " Oct 26% Exchange Week's Last Friday High 18% July 2,050 153/8 — 5 Axle 9 16'A 157/8 25 Thor 12% 45% 25 (The) 11 240 30% 16% 1 Co Co 31 ___5 bunray OH (Un> 300 16 8 3,4 • Tool 16% 8% 1 _ Machine 430 15% 155/a 25% 16% • 5 Corp Corp Low 24% .^5 Stewart-Warner Corp Container San Franciseo Stock Range Since January 1 High STOCKS Steel Sterling Stone Low 102 / 230 *129 - 7c 18% - Apr Jatf -4% July 24Ae;Juiy 29% juir • 33%'Oct1 "357. 'Jun Kenneoott Corp (Un) Corp———_ (Un)— Copper Gorp (Un) Kern County Land Compkny ^8% • -• a427i. . 6%'. 66 % 60, L -Aug 7 •6% al6% "41 20 a42%-a42% * 1,100 4% 'Jan al7 —77- -16% Sep- * 66% 596Q ; . 50 508 . . 667 : iMar -■*45%"-Jari" 51 9% 19 May Sep L'J Mar j-66% Oct,, 63 Oct . The Commercial and Financial Chronicle (1764) 36 .. Monday, November 6, 1950 . OTHER STOCK EXCHANGES FOR WEEK ENDED NOVEMBER 3 RANGE Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Par Leslie Salt 10 Co McNeill Libby Loew's Macy & Inc & Corp Co Magnavox (R H) Calculating Martin Co (Glenn) Matson McBryde Sugar Aug 34 Apr Ry & Equipt Realty Co Ltd pfd— -100 a 8% 270 7% Apr 9% Oct 31% 553 23 % Jan 34% Aug 16% al7% 99 July 18 % Oct 15 Middle Mfg 29% Apr 33 Oct Rbeem 154 11 Jan 24 Apr Richfield Oil 737 23 Jan 35 Oct Riverside Cement Feb 18% July Roos 19 % Ryan Aeronautical 14% 14% 112 10% 17% 17% 17% 690 13 5 5 2.50 2.50 2.55 al6% • al7 Mar South Sep 105 Inc Mindanao Mother Lode Mines M J & & M M Consolidated . 4% Apr Feb 3.50 Aug 15 July 19% May San Santa 235 P10 18c 17c 18c 5,500 10c July 26c Mar 1 42c 29c 44c 162,230 13c July 44c Nov (Un) Portland Montgomery Cem Ward <te (Un)—10 pfd 9% 9% 334 • 62% 62% 355 26 27 715 iUn) Co Morrison-Knudsen Co 10 27 18% 5 (Un) Corp 18% 18% 8 66% 51% July 23% July 28 Oct Mar 18 18 18% 908 14% July 23 24% 25% 995 26% Sep 120 20% July 7% July 11% and 1 Fine W Mauricio 11% 17"% Co • 9% 9% (Un; • 15% 16% RR (Unj Roebuck Oil Sinclair Mohawk North American Power _• Aviation (Un) North American Co North American Investment North American Northern Oil Pacific 1 (Un) com 250 14% 14% 21 14% 10 al7% 100 com Cons Railway 21 61 Corp Oahu Sugar Occidental Ohio Co Co Edison Oliver (Un) Jun Calif Southern Co 4.32% cumulative Convertible Cal Co 16% July 16 Southern Pacific 75 Gas 10% 100 25c 27c 2,300 1.85 1.95 700 8 30 * 10 30 19% Jan 27% 400 37% Feb 43 % May 720 29 29 112 7% — 7% 300 Sugar Pacific American Pacific Can Pacific Coast Pacific 6% Plantation 30 Aug Jan 75 Nov Southern Jun 28% Oct 11% 10 7 12 % Mar Oct Jan 1.40 575 al.90 Fisheries Co Gas __ 5 — & 5% 1st Electric 46c 25 common 1st _ preferred 4.80% 1st 5% red 5% red Apr 2 13% 100 11% 36% 841 27 6c 34,950 preferred.. A 1,360 Oil Standard OH Co Jan Standard Feb Btudebaker 7 Jan 25 — Oct Superior Jun 9% Feb Super 5% Feb Swift 7% 19% Feb Light $4.50 Corp common 32% 8,835 36 978 34% Sep 37% 32% 100 31% Jan 34 28% 226 28% Oct 31% Jup 28% 260 27% Sep 29% 52 25 38% Mar 53% Oct 53 53 581 42% Feb 53% Oct 165 35 Jan 53% Oct 200 32 Feb 59% 54 a29% 56 Portland Pac' Public - 480 28 Jan 29% May 29 667 28 Jan 29% Cement Service (Un) —10 com 19% * 1st pfd- 50% 993 104 - 22 Feb 31 % Sep 1,646 16 Feb 25 Oct 38% 38% 39 965 29% Mar 39% Oct 33% 33% 410 31% July 36% Jun 28 % May 26% 26% 200 26 Sep 28% 28% 170 28 July 27% 27% 155 27 Oct 25 33% 33% 452 33% Oct 36% Mar 13% 14 565 13 Sep 22% 11% 11% 1,083 28% 25 Petroleum 2 14 Tel Packard Tel & 104 10 102 Aug 19% 19% 945 14 Mar 23 23 293 Motor Pan American 101 102 117 99% July • Paraffine to 3% 3% 3% 1,255 3% — — 8% 8% 370 8% Nov World Airways (Un>_ 2.50 Cos Pabco (Un)_ common (name com Products 947 50% Jan 62% Sep 340 26% Jan 31% Aug 40 9% Jan 11% May 21% Jan 24 Oct 61 Jan 77% Sep • 23% 23% 627 • 75% 75% 2,659 (Indiana) 25 (Un) a56 a57 % 25 (Un) a86% 82 42% Jan 57% Oct 85% a87 197 66 % Jan 86% Oct 30% a 31%. —1 31% 308 25% July 9 135 16% Texas Company Jun Apr 25% Feb Jun Jun 4% 10% Feb 2,037 13% July 21 19 615 14% July 20% Oct -25 56% 56% 218 60% Sep Pig'n Whistle Puget Co Pulp Inc Pure Oil Radio Corp 18% | 45% Mar Timber (Un) 50 110 8 8 8 22% 22% 23% 46% 46% 46% America 41% 41% 17% 18% 1,799 — 17% ■ tun, 58 100 — Apr 22% Jan 31% Nov 39 Aug 36% May 31 % 32% 1,905 23 16% 16% 16% 2,502 14 % 5 17% 17% 17% 100 17% • a48 % a47% a48% Union Oil Co of California common__25 30 World Trans Union Carbide & 4% Carbon (Un) Sugar common United Corp of (Un) Oct Jun 20 % Apr Nov 281 40% July 29% 30 833 24% May 16% 400 13 % May 50% May 33% Sep .10 17 Aug 106 25% Jan 33% Aug 17% 565 13% Jan 18% Aug 4% 500 3% July 20 16% July 20 Oct 15% July 26% Jan 21% Sep 41 62. a30% a31% 1 Corp Sep 32% 19 % 4% Jun Theatres— (Un) Steel 74% Jan 4 1 (Un) Paramount Jan July al9% al9% 10 Delaware Gas Corp 59% 17 a31% 5 Inc 230 15% 12% (Un) Corp Lines 19% 19% 20 250 • 41% 40% 42% 5,822 10 57 58 394 1 7% 7% 100 common Consolidated Equipment Oil Co Fargo Bank & U T Westates Petroleum Preferred 19% Oct West Sep West Indies Sugar Western Air Lines Mar 14% Feb Feb 5% July 42% 7% Oct Aug Jan 35 Jun 48 281 282 35 73c 72c 73c 2,016 5 5% 1,745 Life Insurance (Un) 13 13 266 July 69c 4% July Sep 300 Feb 1.25 Mar 7% Mar 70 12% Apr 15 27 27 222 21% Feb 27% Oct 1 9% 9% 9% 450 7% July 10% Aug 50c 20 20 20% 550 33% 32% 33% 1,130 10 46% 46% 538 1 ! Inc 5 5 150 __1 (Un) Department Stores 16% May 20% Oct 29% July 36 Jun 43 50 % Apr 6 Sep Feb 23%. Oct 265 Coast Western 281 1 74% 8 ___100 (Un)____l common (Un) Jun Apr Inc. a75 a76% Jan 504 . Airlines United Aircraft 8 com Corp Feb 7% 372 • * (Un) * . a72i 173% • & (Un) 01 18% 7 50 prior pfd conv Sound Pullman ~ 72% 25 32% U 16% a 321 a39 a76% Common 19 * 31% 39 a Oct 14 50 30% 2 United 15% Co-_ 19% al9% 10 Wells Petroleum a 36 Nov 9 20 Jan Jun (Un) Associated Oil Transamerica United Air 111% ' Phillips " 10 Tide Water —60 Philippine Long Distance' Tel Co__:P100 (Un) 9 25 Universal * Cement Corp Victor 2nd) 10 (Un) (Un) changed Pennsylvania RR Co (Un) Phelps Dodge Corp (Un)____. Jun 13% Mar 60% (Un) Portland effective Inc 10% July 28% Calif Co Jun 106% May 23% Sep 22% Aug 102 -- Mar 59 of Corp Jun May 55% 48% July 100 _ common 30% Mar 29 all% all% 2 Co United Pacific Sep 430 24% Jun 29 28% 35% 30% July 50% 0 preferred Pacific * Jan a28 a29% Mold & Union Pacific Oct 9c 25 4.48% Oil Co of N J McKee Sunset 3% July 11% 28% —25 14% 36% Mar 52 Inc Co 4% 32% 32 25 __ preferred. 50 Nov a51 % a53% Co,_ Brands Standard Standard 13% 5% Mar 570 4% Jan July 5c 23% 34 % May 35% . 8% Aug 23% common July 28% — Feb 5c B Oct 9 % 28% — 25 preferred series 32% 35% 25 _ 17% a 7% 4 4 29 % 5% May 3.00 Jan 28 % July 5 a7% — 5 . preferred a5% 16% 5 __ Aggregates 1st preferred 5%% a5% Oct July Apr 26 35% ■ Sperry Corp 22C 556 10 al.90 15 34% 13% _ A Paahau Oct 29% Mar Feb 31 40 255 21% Jan 18% 1,360 20 760 34% 23% Co 27c B 27 45 34 25 % 25 preferred 4.88% pfd series A 10 1.90 — 39% Mar 44% 45 (Un)__* com preferred 35 l class 33% July a51% * preferred 20 1 (Un) 182 15 Edison Co 17% 1_ Filters Sugar a34 a34% May California 26 10% Oct Oct 5 - Co Pulp Southern 72 10% 43% 43% 5 Soi'.ndview 16% July 25% 20 Jan Jan • (Un) 210 Corp — Feb 24% 23% (Un) —50 (Un) So 10 common United Onomea Ltd Petroleum Oil Cement Oil Spiegel Inc Oceanic High 74 25 5c ZZiB 23% Mar 100 (Un) -P10 Co 19% July 10% Jan 20 a —5 — Co Oil Conv Niagara July 606 10 Inc Foods Mining Signal Oil & Gas Co class A Oct Company Central Fibres 46 a41 a43% — — 1 Co Portland Cruz Sears Jan 599 Natomas Y 21% May Jan 25 Products N 11 Vt 390 1 Auto Distillers Low 50 10 % May July • National National a42% 60% a 42% (Un)—• — Socony-Vacuum Nash-Kelvinator A class Safeway Stores Inc— Shell Monolith 59 1 • Corp Co 60 % Range Since January 1 High 5% July 1.60 10 - Co Manufacturing Bros 1,300 S Utilities 1 common—* Low a34% (Un)..— Reynolds Tobacco class B (Un) 15% 195 Shares a42% common 33% 5- Co common Incorp 15% I Menasco Rayonier Republic Steel Corp 32% 32% for Week —-1 32% iUn) Co 31 100 8% 1 <Un) O 31 Sales Range of Prices Par High • 1 Machine common Navigation Low 5 common Co Marchant Range Since January 1 30'/2 • (Un) Friday High 31 7 1 Libby Aircraft Lockheed Low Week's Last Sale Price STOCKS Oct Westinghouse 27% Mar 43% Sep Woolworth 12% 23 Apr Yellow Jan CANADIAN Elec (F W) Cab Co (Un) Corp 12% (Un) common July 3% Apr LISTED MARKETS i RANGE Montreal Slock FOR WEEK ENDED NOVEMBER 3 Exchange Friday Week's Last Range for Week of Prices Shares Par Abitibi Power $1.50 & Paper common • preferred 20 Acadia-Atlantic Sugar class A 5% preferred. * 24% __ 41 % 44% 9,963 21% 24% 25 2,388 22 % 24 24 1 • 28% Aluminium * 86 84% 86% 2,161 25 27 27 27% 345 Aluminum Co of Can 4% pfd—. Amalgamated Electric Corp * Anglo Canadian Tel Co 4%%, pfd—_50 Argus , Corp Warrants Asbestos • common Power Telephone 20 11,620 6 6% 75 46 46 46 50 8% 8% 97/b 1,065 __ & A 5C 5C 1,200 353/4 1,520 • 37% 37% 38% 933 39% 39% 7,084 1,15 1.20 26,098 22% 23 8,606 25 39% * 23 __ Tractor Light & Power 102 13% Jan July Apr Jan 45% Oct Iron Foundries Canada Northern Aug Apt Canada Saieway July Canada Oct 52% Feb 90 Jan 27% Oct 6 Oct 45% Mar 9 Jan 46% Jan 7 5c Jan 9% Oct Nov 25c 24% Jan 37 Oct 25 Jan 38% Oct 42% Jun 38% 1.01 19 American Oil 4% Columbia led 4%% Electric 5% Steamship preferred pfd 100 British Columbia Columbia 100 Forest Power Products class A Class B — al00% Ji-ri' Canadian Bronze 5% Class class A B Building Bulolo Ltd Ltd see 25% 26 Class Canadian Celanese series $1.00 series a90 6% 32% Jun 32 Jun Jan 91 % Jun 60 100 Jan 102% Sep Jan 5% 5% 710 27% Jan 32% Jun 4.50 4.55 405 2% Jan 5% Jun Pacific Canadian 18 18 950 8% 360 6 Jun 31 437 29 Aug 6.90 6.90 • 280 15% July 5.80 July 19 % Mar 9% 36 11 255 8 July 102 20 100 Jan 12% 24 157 14 Jan 125 34 Jan 20 25,525 28% 28 % 28% 17% Nov 102 Jan July 25% Aug 45 Oct 23% Jan 100 105 105 10 23% 230 22% July 102% Jan 30% 106 Oct Oct 18 Apr 23% Oct 1,938 10 July r 15% Oct 17 627 14 Jan 17% Oct • pfd 45 43% 45 2,047 a39 a39 20 37 July 40 23 23 102 22 May 24% Cockshutt Plow Consumers Oct May 9.75 Mar & Dominion Bridge Apr July 22% July 23 72. Jan Jan Oct 31 May 13 May 104 Sep 17% 1,150 15 100 100 10 100 20% 21% 3,993 16% Mar 22% Sep ~_* 13 % 13% 14 2,010 12% Oct 14% Oct 22 21% 23% 7.090 14 July 23% 117% 121% 1,308 91% Mar 17% July Oct 124 Oct Oct Smelting—^,' 121% HiE* 11% 11% 12 310 8 * 12% 11% 12% 250 8% Jan 100 31% Jan 33 Apr 20 Jun 23% Jan 19% July 39% July 29% Oct 56% Oct 26 150 36 36 21% 21% 35 —• 28 27% 28% 8,810 —♦ 51% 50% 52 1,090 Co__ Ltd Seagrams 26% 30 Sep Mar 17% 25 Seal Co 100 45% 21% ~ Cork 1,172 Jan ' Glass Davis Leather 72 28 28% --25 . Mining Ac 10 69 28 72 ! B Distillers a27% a27% J2225 Railway Corby (H) Distillery class A Crown 23 Jb££* Vickers Class 8% 10% 14% Oil Companies common-ilkpreferred IOo Consolidated 2,685 30% Nov 13% Canadian Oct 4.80 18 24 19% July 16% Investment 31% „ 2 17 225 Foreign 4.75 * 24 44 i«t25 Cottons 90 2.75 Nov 14% common preferred Canadian 15 alOO al00% Oct 34% £.• preferred Canadian 30% 5 page 41. a90 29% Jan jL2Q Canadian Locomotive Jan Jan 19 23 A Oct Mar 29 1,075 17% common Jun 4.75 * Dredging For footnotes 25 1,310 34% 23% .100 Canners 1.22 30% • Products Gold 3,044 Sep 29% - —• common preferred Canadian 24% * • Mills 30 High 49 33 43% 50 222 Oct • „ Bruck 29 % a29% a29% Jan 18 23% 22* common Breweries Canadian 100 preferred British 29% a29% 34 Mar Co preferred red • 25 common Preferred British 1,962 102 10% Corp 4%% Jan Sep 29% Low 49 < Ltd Oct 26 Power 47 Range Since January 1 High 24 34 10 25 29% 29% L10 common preferred 25% 105 48 • British Low —20 preferred Canada $1.75 Paper class —* Shares " common Canadian Car & Foundry common 351/5, __ 21 Jan Cement Canadian 35% Rights Brazilian 29% • —— Corp Bathurst Bell Ltd 103% 103% 28 High $1.30 6% Algoma Steel Ltd Range Since January 1 Low 103% „ Canada High 100 —— for Week laT Low 42 % Sales Range of Prices Friday Sales Sale Price STOCKS Week's Last Sale Price STOCKS Canadian Funds ,36 class A 22 % Jan July 29 Oct 13% Oct 14 Oct Volume 172 Number 4957 The Commercial and Financial Chronicle . iitu) 37 CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED NOVEMBER 3 Friday STOCKS Week's Range Dominion Coal 6% preferred Dominion Corset Dominion Foundries 4% % Co Dominion Tar Redeemable preferred Dominion Donnacona Dryden Paper _ __ Cc 43A7c * Gair 57o 5% 47c Wares _ _ _ ' of Canada < A)_: class A 13 Nov Oct all% all% 15 Beatty Bros 15% 16 2,131 36 160 19% Belgium Oct July 13% July 27 July 39% Oil 39% Oct 37 3,101 24% Jan 102 3 98 Jan 98% 110 95 July 17% 18% 2.50 55 19% 20 104 104 52% 52% 52% 21% 21 21% 13 1,925 14% _ 13 ' 2.90 2,325 ' •15% July July 101 2.10i Oct 405 17 July 3 102 Apr 10 ■ 52% Oct Shawinigan Ltd class A 9% 9% 2.00 1,200 8% 8% 200 160 160 20 Company A B common Burlington Steel Co common Hosiery 8% 19,821 3% Jan 122 125 865 92% Jan 128 Oct 18 18 150 17 Sep 18 Nov 5.00 4.15 5.00 435 1.50 9 8% 9 555 8% 19% Apr Canada & Dominion Sugar • 21% 22 435 Canada • 51 51 100 Canada * 20 105% 53 Co Packers Ltd Ltd class A Starch Apr Canada Vinegars Ltd Canadian Dredge & Dock Co LtdCanadian Food Products Ltd com 16% i July 23% Oct 14% Apr Co Ltd common Class A 34% Jan 59% Oct Canadian Gen Electric 175 48% Feb 50% Jun Canadian 41%: Mar 57% 27% 30 29% 100 29 29 40 13% 13% 30 12 % 27% 27% 50 3.50 3.50 200 * * __ t 340 28% 5,027 12 12% 4,405 26 26% 205 7 7 200 —' , 21 Vb Mar 12 30 7% 14% Jan 26% Jan Canadian Jan Co 7% 32% 34% 2,070 29 Aug 41 99 % 185 98 Sep 101 Feb 33 34 260 31% July 41 Jun 8% 11% 2,215 20 36% 13 23 680 36 37% 4,707 138 Vb 138 Vb 45% 13 4.25 Feb 15 Vb Apr 29 % Mar 80 138Vb 5,382 48% 37 % Nov Jan 11.25 23 39% 28 29% al78 5 175 4% a70 10 60 July 4.00 4.00 3.15 22 175 Co • 5% 5% 6 % 10,125 Ltd • 78 78 Westlnghouse Co Limited common Cassidy's Oct 17c Oct 1 preferred Products Products Ltd 150 64 Aug Chatco Steel Claude Neon Ltd 13% 2,245 Jan 14% Oct 83 2,655 46 Jan 83 Nov Preferred 485 19 July 25 Jun Commercial Adv class A 10 Aug 12% Apr 18% Oct 20 Jan 26 % 26% 26% 181 22% Jun 28% 19% Jan Jan Consolidated 17 Jan 11% Jan Consolidated Paper Corp Ltd • Consolidated Textile Mills common—• 14% 14 14% 200 14% 14% 80 9% 9% 125 13 Oct 13% Sep Apr 9 Preferred * Lithograph 15 al5 al5 34 8 Feb 15 preferred Crain Ltd (R L)_ Oct Stores Tooke Steel Weston 'Geo.) Wilsils pfd__ Ltd com Winnipeg Electric common preferred Ltd Scotia 15 30 65 24% Jan 30 Sep Sep 31 8,496 17% Jan 32 Oct Jan 17% Aug 17 Jan Domirflpn Engineering Works Ltd • 90 Nov 94 Jan Dominion Oilcloth • 44% Oct Dominion Square 42% 42 44% 6,525 21% Jan 18% 17% 18% 5,300 12 % July 28% 28% 100 21 28% 29 800 25% Mar 28% 28 28 28 60 19 19 20 3,585 50% 50% 50% 1 50% 77 85 615 a21% a23 4,630 38% 38% 230 5 25 17 Jan July July 18% Oct Donnacona 29 Oct Eastern 29% Oct East 29 22% Esmond Feb class B Linoleum Co & Corp Products Jun Mills Ltd (The) pfd Sep 60% 20 25% 1,216 6 % 760 68 30 18 18 1.55 Jan 77- Feb Oct* July 43 May 55% Aug 65 Mar 16% 600 25% Jun Oct 68 Jan 15% Oct 7.25 Jan 3.75 38 50 1.45 20 ' 18% Jan Oct Apr Apr Jan 51 37% Jan 90 Jun Ford 22 Aug 37 Jan Foreign Power Sec Corp Redeemable preferred July 43 Feb Great 36 % 37 6 6% 50 265 24 25% 100 25 39% 68 * pfd 70% 39 60 % * Ltd 7% Power a 70% 39% * Paper Co Ltd Steel Kootenay Fleet Mar Mfg Ltd Motor * of Co Lakes Canada 8% 9 285 Jun 9 Feb Class 25% 27% 1,060 19 July 28 Oct Halifax 27 26% 27 150 22 Jan 27 Oct Hubbard 73 73% 1,181 63 July 74% Oct Hydro-Electric 19% Mar 22% class A 1.45 * 52% common Co Ltd com 52 54% 1.00 15 15 126 * 25 24% 25% 1,333 46% ♦ 1.75 Aug 58 Aug July 24% Jan 850 15 95c 2,995 1.00 100 • Paper 26 1.00 Mar 15c 5 Oct 15 Oct 27% Jan 14% May 42 Jan Oct Oct 72 20% 21 7% % 610 170 — 170 20 64 64 25 49% 49% 49% 165 54 38% 722 55 44 A preferred Insurance Felt Co Securities 175 Feb International 69 Sep 5% preferred Interprovinclal Utilities Ltd 50 Aug 57 Jan , 67c al45 al45 5 149% Feb Kelvinator 59% 62 475 42% Jan 64% Oct Lambert 20% 20% 21 795 15% Jan 22 Jun Loblaw 106 % 104 63% Jan 112 107 1,865 15 15 701 12 Mar 16% 19 134 16 Jan 20% Jun a4.00 a4.00 25 * 9 9 9 24% 24% 5% 100 10% Mar Oct 24% 4% Aug 17 517 11 51% 51% 51% 94 50 18 18 150 9% 9% 450 31% 31% 200 15% 15% 700 a45 a45 5 Ltd Co 16 • class A * Feb Jan 21 16 ————1 4.25 Jan ♦ Ltd Inc 17 5% 155 5% May Aug 3.50 75 24% 47 Sep 12% May , 50 Canada Grocterias 14 17% 8 31% 5% 17 Jan Mar 53 Oct 18 9% July Feb Apr Nov Sep Nov Apr Sep Aug 32% May Jun 19 of (Alfred) 10 75 • preferred conv 40 16 20 (Can) Ltd A Investment Foundation Ltd com 61 July Paints 25 11% 15% * Corp 46% 11% * pfd Jan July 144 A 46% 10 Company Ltd May 50% July 100 Oct Lowney Co Ltd MacLaren (Walter M)_ & Power • Paper Co 14% 12 14% 735 6 Jan 14% 80 80 80 2 80 Nov 85 12% 12% 12% 2,155 8.80 Feb 15% Apr Maxwell 28% 29% 1,235 12% Jan 30% Oct Melchers Distilleries Ltd 56 50% 58 1,730 27 Jan 60 Oct Mersey Paper Co Ltd. 19 19 221 14 Jan 19% Oct al7 al7 5 14 Mar 21 Jan Mexico Lgt & Pow Ltd pfd Minnesota & Ontario Paper 101 102 359 84% Jan 104 Oct 59 130 50% Jan 59% 26% 26% 1,836 July 27 V4 Sep 47% 46% 47% 262 Oct 48% Jan 20 20 125 21 Sep 6% preferred Orange Crush Ltd 22 23 55 19 July 25 Oct Paul 140 140 45 140 May 152 Jan Power Purity 14% July - 16% 35% 48% Jan Jan Oct Oct 26% 15% • Moore Corporation Ltd 59 * 101 22 , 21% Maple Leaf Milling Co Ltd Teleg & Tel 17c pfd Nov Maritime May Ltd 22 46% 9% Mar Scotia Nova 35 a99% 24 9% 645 19% July 22 Va Jun 335 18 July 22 33 35 50 27 Mar 35 Oct 45 98 July 100% Jan Renold Coventry 290 19 Jan 24% Nov Russell Industries 10 V* Apr 142 11 11 300 Apr Southern Canada 24 24% 9% 9% Oct Nov 12 Oct 6% Mar 100 30 5 25 105 15 4.50 4.50 4.50 300 5 24 23% 24% 1,300 84 83% 84 151 July ♦ 20% 20% 20% 1 20 Jun 105 105 100 13.50 Co com 105 105 1 * 4.75 4.75 100 —* 13 13 50 100 110 110 156 54 97 4.00 50 Jan 100 5.50 Jun Jan 105 Mar> Oct Nov 4.00 Aug 5% Sep 17% July 26% Oct 72 84% Oct 21 Feb 4% 12 Nov 113 Oct 7% July 15 % 108% Mar 113 JulyFeb Apr May 125 53 % Jan 57% Jun a5% a5 % 20 5% Oct 8% Jan * 22% 22% 300 » 19% 19% 50 * 1,785 7% July Flour Mills Co Ltd Reitmans (Can) 22 22% 370 14 all7 50 53% 10 Ltd common Ltd class A Ltd— 53% 90 Feb 20 Mar 29% Oct Standard Clay Products Ltd 29 990 20% Mar 29% Oct Transvision-Television 20% 21 % 405 14 Feb 22 5 Mar 5 5% 165 9% 2,030 6% Jan a33 a33 Power 30 32 July United Distillers 18 550 13 July 19 Oct United Fuel Inv A 2,205 Jah 58 Oct United Securities 100 170 170 4 Nov 170 Nov 28 28 75 17 17 300 36% 37% 100 100 1,172 U 30 14 14 28 Jun We.^teel Oct Western Canada 19 Jan Windsor 42% Apr Woods 99% Jun 101 20% 20% Feb 27 27 % 380 30% 30% 1,560 45 45 45 29% 29% 30 % 43 43 43 - 105 11 May 14 Nov 22 113 Jan 120 July 7 15 Oct 16 Mar 40c 7,750 20c Jan 40c 650 35c 38c Ltd 13% Aug 20 19 20 a25 a25 1 a__ 34 34 Apr 34 50 26 Jan 36 225 a Oct — Oct Jan new —* 25 25 25 23 Sep 25 55% 55% 55% 35 52% Jan 56 Oct 40 40 210 12 % Jan 43 Aug al9 41 16% Aug 20 Oct 14% 97 14 Jan 197/e Oct Jan 20 Nov Oct 30 Jan 100 com Breweries • 5 a 19 14% a 18 % 14% 20 98 14 * — a24 a24 5 24 Gold Mines Ltd_l 1.36 1.35 1.60 4,600 75c 10c 900 10c Nov 10c Nov -1 6c 6c 6c 1,000 4c Jun 18c Aug * 2.10 2.05 2.27 28,300 43c Jan 1 2.35 2.27 2 44 26,800 50c Mar 36c 38c 500 13c Jan Ltd 19% * Manufacturin Co Ltd •„ 0 Apr 17 Apr Mining Stocks— Sep 29% Jan Akaiicho Yellowknife Alta Mines Ltd-—. Jan 21 Aug 24% Jan 27% Oct Ascot Metals Corn 27 Jan 31% Oct Aumaque Gold Oct Band-Ore 230 ■- Oct 10c Hotel 13 20 27 Nov 22% 50 Canada Ltd pfd 27% 140 30% 19% Jan 14 • Limited- Products 28% 30 75 class of 23% Aug 15% July 900 28 Oct 17% Aug 18 all7 * 55 * • * 18 July Ltd B Amusement 52% 170 100 (Can) 25 Feb all% all% 14 100 Corporations class B United 18 35 pfd Union Gas of Canada Ltd Oct 54% 36% 6 7o 13 Oct 5% Mar 9% — • 10 1,242 8% 10 12 19 5 Ltd 29 8% 10 Jun Aug 105 Power 28 5% 20% 8% 18 • 100 Sangamo Co Ltd 95 a99% a99% 21% 37% 55 19 Apr * * 12 • 28% ' 12 18% ;—_——" pfd common Corp of Can 6% 1st pfd N C part 2nd preferred 21 a94% a94% 28% 12 18% 100 & Stores 21% * • 47o Oil Light Service • 10 * 21 10 Oct 12% 15 .—10 For lootnotes see page 41. 17 15 45 10 —___ Jan 12% 250 I Toronto 15 Jun 29 % 30%- Rights Montreal 30 9% 1.00 al2% 90 Banks— Commerce 19 a 19% a Jan 4.75 / * 16% 25 Canadienne Mar Oct 90 _100 common preferred Mar 45c Apr 16% • Power 7% 8 61 9% 90 Frere Limitee & _• West Koctenay Worts 525 Jan 16% * k 455 8 65c 7% David * Cotton 4.50 8 16% Oct 4.05 65c a Oct Jan 40 July 3.50 July Sep United Gooderham 4.00 Nov Sep 2.00 5 Sep * Biscuit 1.25 25 8% 14% • : 1 4.50 205 8% 14% • Ltd Corp 1,425 1.25 Jun Jan 15% Jan " E:others 25 3.85 1.25 . 19 Jan 5 Thrift 26 3.70 14% 18 7% 100 Preferred 26 3.85 Oct 10 10% July 9% * common 475 200 205 1——100 Canada 11 875 350 67o Chemical common of 10% 18% 12% 20% preferred Aug 9% 15 Vb 13VB * — May 117 Jan 18 12% certificates Power 15 Jan 8% 15 12% 100 Canada Jan 113 5 20 — 12% 50 preferred Southern 12 10 30 12% * ; Nov 25 Mfg Co * 20 A 78 Jan • 5% a Sep 11 * 25 57 Oct 7% Jan 14 * common 86 Oct 22 12% Aug 3% Apr 3.15 Feb 1.50 Apr 114 100 Ltd Apr 70% all 8% preferred 5 Consolidated Bakeries of Canada Ltd—* Consolidated Div Standard Sec cl A—• Gen Alcohols - Oct 180 114 — common—* 22% 8% 29% Feb all 114 —* com 505 A class 14 100 Catelli Food 20 99 common Jan 5.50 740 22 21% 550 2.85 22 12 preferred trust 29% 2.85 72 1 Breweries 12 July a70 21% 1 com Jan Jun al78 83 * Power Oct 5% Nov * cumulative preferred Canadian Western Lumber McColl-Frontenac & 27% * 21% 17% * 1 22% 49 Water Oct 100 * common 14 287% 1,633 • common • preferred Jan 3.50 60 5% Sep May • Mills Oct 21% July 5 -21% Ingersol Rand Co • 1st Oct 32 Jan a355 21% Marconi Company 1 Canadian Pow & Paper Inv Ltd com__,> Jun 99 % * Flour 30% Mar a355 * 100 Paper Oct Jan Jan 250 50 preferred • — 38% 21% July July Ltd Canadian 6% July 34 —* common 34 % Mar 10 10 Investments General Canadian Industries Oct Oct Sep 25% 34 • Corp Jun 100 10' 10 10. 22% May 53 Sep 12% * — 3.50 * „ 970 38% 29% * Canada 38% * Jan 28% * Ltd 14% Mar July July 5 Class B Oct 55 100 Co Oct 5.00 * Malting 50 —100 common Oct Nov 48 3.0Cl Feb 8% Jan 20 Apr 109 * Ltd Oct 7% 124 1 Ltd Co 59% * —— Sep 160 Mar • * — 81 Jan 10 Jan 8% * Burnett Ltd • common 2.00 Apr 6 1 Ltd 59 —25 —_ 9 % Mar 7% July 1.75 100 Preferred 54% ——100 common class Simpsons Nova cl Nov 10% : July 40 i referred 57c Ltd 98% 1,375 —* — Oct 12% Mar 10% July 65 2.00 " 50 • __ Jan Mar of * Packers 55 Sherwin Williams of Canada com_—•_* 67c Co * Columbia Brown 102% Aug 442 * preferred Zeliers Hosiery common 59 :—• Co Lawrence Walker & Ltd 12 — preferred Wabasso * Brit Col Pulp & Paper Co Ltd com—* Oct 36 Glove Canada 18% May 16% Sep * common k Lawrence Viau Ltd 13 Jan 6 Oct 106 * preferred United 15% 375 ' Paper Co 6% 100 Tubes Lawrence 5% 756 B 19% common.. preferred Standard 15 class 12 — Provincial Transport Quebec Power Steel 14% Paper Co 15% * Corp of Canada 4l/2% 14% & B 19% common. Products Ltd Voting * Pr 15% * Steel Mills Steel Bros Sicks' Nov Oct _3 preferred River Co 7% 4.75 British 19% ,_* _— Locomotive Sheraton 3.75 Mar 15% ' 1—* preferred Series 200 class * common Candy Shops Ltd Flour 2nd 4.75 220 • Penmanc St 4.75 19% 107% 107% 5 Robt) Page-Hersev St 4.75 19% 25 Noranda Mines Ltd 1st • Products Bickle-Seagrave 2.80 com..* Niagara Wire Weaving 2nd Fabricss Oct 47% National Drug & Chemical National Steel Car Corp St Oct Auto Apr 138 VB (John Erewerles Royalite 13 Canadian Canada preferred 4% Jan 9 * com common Export Jan 99% E Rolland 7% 30 a22% Power 1,395 33% 17% * com Montreal Telegraph Price 12% * Montreal G 7c 12% * Montreal Tramways Powell 12% Butterfly _ McColl-Frontenac Oil— 17c • Ltd Jan £1 (John) Woods July 93% 98 % 5 1 __ Ontario Steels Jan 100 Corp Ltd 5% preferred Massey-Harris __: Ogilvie Feb Jan * Class B 7% 14% 31 Atlas 13,975 2 common—___7.50 Mailman Class 28% 15 32 MacKinnon Struct Molson 13 27% 15 . ____. of 10 102 * Lang Sc Sons Ltd Mitchell May High July 28 14 ...50 & Smelting Jamaica Public Ser Ltd MacMillan 23 Low 5 400 .25 Ltd Feb Range Since January 1 High Anglo-Nfld Develop Co Ltd 1,920 * *s. Nickel Seccrd 21% Low 115 28 * common International Utilities Corp— Bros 181 30 36 International Petroleum Co Ltd——* International Power * Laura 21% ' * _ preferred International Paper Lewis Feb Ltd 10 4.75 15% ...—50 7% the 29 Shares 10 29 100 _ preferred of May for Week 10 15% • common International Bronze Powders 6% preferred Lake 23 Sales Range of Prices • 4.75 e Acceptance Corp preferred Ltd 435 Week's Last Par Glove Works 19% * Industrial Labatt 27% 251 __ _ Tobacco International 12% 2,706 100 preferred $5 Sep Nov 106 100 Ltd Bay Mining $1.60 10 21% __ preferred 6% 485 • _ _ preferred Imperial 12% 12% —100 Ltd Acme 35 Corp _ Hamilton Bridge Howard Smith Paper $2.00 Oct 12% m common. preferred Hudson Oct 28% Friday Sale Price Oct Sep 4.75 1 Goodyear Tire 47a pfd inc 1927 Gypsum Lime & Alabastine Imperial Oil 65 16% July 104% • _ Bakeries Steel 447/8 Mar 11,423 38% 102 STOCKS 29% preferred. —.20 preferred General 50 28 12% 0 __ A Canada preferred General 60% 28 of Power Aug * __ preferred Co 100 104% preferred.-100 common Gacineau Feb 5 - 21% • Power Co 27 alOl 27 - common—* -23% Corp Players Canadian Foundation Jun 12% Electrolux Fraser 14% 26% 27 . _ 4%% Eddy Paper Co class Famous Oct July 60 % Ltd East Koottr.av 22 12 675 alOl 25 _. common... Paper Eros July 425 38 Bathurst Textile Donohue 19 13% • Chemical Canadian Funds 450 13 % • new High 37% ~10O . common Ltd & Low 22 Montreal Curb Market Range Since January 1 High 21% * Steel Dominion Steel & Coal class B Domir^on Stores 21% • & ___ Glass Shares Low 25 Ltd preferred Dominion for Week of Prices Last Sale Price Par Sales 39 1,587 27 Jun IOC 39 Mar Jan 46 Anacon Lead Mines 30% Oct Base 43 Nov Belle Gold Metals Ltd Ltd Mines Ltd Mines _1 Ltd Mining Corpn Ltd Chibougam Mines Ltd Jun 1.70 May 5.00 2.65 63c Jun Jun Mar 3 %c 3%c 4,500 3c July 7c Jan * 47c 45c 48c 9,500 20c Mar 62c Sep 1 49c 48c 51 %c 30,000 36c Sep 1 92c Jun - The Commercial and Financial Chronicle 38 . . . Monday, November 6, 1950 (1766) LISTED MARKETS CANADIAN RANGE FOR WEEK Friday Week's Last Range Sale Price Low Par Gold Bouscadillac Ltd Mines Ltd— Manitoba Central 3c Aug 7c 8c 8,500 5c May 4c 39c 4c 4c 4,900 2Vic 40C 3,500 6c 10 %c 10 %C 2,000 5%c 1 Centremaque Gold Mines Ltd 1 1 1 Century Mining Corp Ltd Cheskirk Mines Ltd — Mines 1 Consolidated Central Cadillac Mines—l Candego Consolidated 4c 4c 36c Shaies 2,000 Low 1 Area Mines Argus Corp common 6c May 14c Jan 7%c Jun May Oct Arjon Armistice Ascot Metals Jun Ashdown 11c 1,500 3c Feb 12c 18,000 5c Mar 14C ; — Jun Corp Hardware class A— 15 %c 2.35 1,900 7 80 105 72 July 85 4c 2,350 2c Aug 45c Mar 40c 47c 1 ~ 23c 6c 1 —1 Gold 9% July July 80 100 Feb 11c High 19c 8% 8% Warrants 85c Low 13c * Preferred Jan Range Since January 1 High 4c May 10c 12c 44 %c for Week Pa, 28c Jan 2c 3,000 8c 1 Mines Ltd Cartier-Malartic Gold 9c 8c 1 High Low —1 Ltd Mines Mines Gold Bouzan Range Since January High 8c Sales Range STOCKS 1 1 Bonvllle Gold Mines Ltd Week's of Prices Friday Shares STOCKS Last Sale Price for Week of Prices ENDED NOVEMBER 3 Sales 48c 91,500 21c July 58c Jun 25c Jun 10c 3,500 14c 16c 7,700 9c Mar 2.28 2.40 148,100 50c Mar 16% 10 17 180 137/a Jan 23 %c May 9% Oct Oct 2.63 Jun 17 Aug 388,100 500 4c 16c 5,500 15c Sep 6,200 3c 6c 6c 8%c 7,10o 6c Nov 17%c Apr Oil * 2.35 2.25 2.55 21,400 1.28 Jan 3.30 Jun Jun Atlas Steels * 12% 12% 12% 3,970 7% Jan 13 1 33c Feb 15c 1 Atlantic Atlas Yellowknlfe 45c 6Vic Athona 10c Oct 29 %c 37c 6Vie Oct Nov Jun Aubelle 1 45c (1937)—— Mines Oct 15c 15% c 3,000 Jan 30c May 9c 11 %c 30,300 4%c Jan 13c Mar 12c 66c Mar 10c " —1 Mines Golden Lt<l Manitou Mines Goldora _ Mines— Aumaque Oct Aunor 47c 22,500 22c 3c 15,000 2 Vic Oct 7%c 4c 500 2 Vic Aug 6%c Jun 5.90 6.20 1,200 5.90 9 Vic 8 Vic 10c 10% 11% 1,295 (Un)_ 4%c 8,000 2c 7,500 28c 1.05 1.21 51,300 25,500 18c 5.95 500 July July 37c 23c 5.75 1.18 of Nova of Mines Mining & Explor Co Ltd—1 Ladulama Gold Mines Ltd * Lake Rowan Mines Shore Lake Lamaque Gold Mines Ltd— 9c 9.90 5.55 5.55 3 Vic 5.55 * 4c 1.33 Jan 20 May 14 Jan 5.35 100 5.60 Sep - Louvicourt Goldfields Ltd Feb 31 Oct 45 45% 3o0 38% Jan 46% Oct 43 42% 44 390 38% Jan 44 Oct 1.12 1.12 1.16 11,100 July 188 Apr 90c 87c 98c 47c 37% 45c 49 %c 37% 1 1 2,50Q 15c 13c 15c 9,500 16c Oct 21c 18c 20c 3,500 12c July 30c Oct Jun 1 6%c 4%c 6%C 18,550 4c Jan 8c Oct 7% 7% 55 52% 55 11c lie 13c 9,650 9%C Aug 48 51 2,000 35c Aug 64c Apr 8c 9c 16,200 2c Jan 25c May 10c 10c 1,000 7c Sep 23c May 8c Aug 25c Jan 10 Jan Klrkland Gold Hats Biltmore Class BobJo Oct * common Mines July BonetalGold 1 Nov 46c Nov Bonrille 1 70c 75c 19,600 68c Oct 83c Oct Bordulac- loy8 July Oct 17 Sep Boymar 58c Sep Cons New Calumet Mines New Perron Pickle Pitt a60c 200 51c 10c 10c 500 11 %c May 6%c Aug 2.40 2.25 2.30 3.000 95c Mar 35c 28c 36c 20,200 23c July 99c 25c Mining Brazilian-Traction Brewis Red Dredging Ltd Gold Mines Ltd Crow Gold Gold Mining 35,350 19c July 25c Nov Bright 16,100 12 Vic Sep 23c Nov British American 9,000 24c Nov 35c Oct 40c 41c 6,000 40c Oct 71c Jun 4%% 5,800 2.50 Mar 5.00 Oct 1.42 1.42 1.48 1,900 1.30 July 2.32 Apr 2.50 700 2.40 Oct 4.00 Feb British 48c 300 3C 18c 500 1.76 56c May Sep 1,74 Class 3c Oct 8c Mar 40c Sep 93c Sep British Empire Oil Broulart- Porcupine 51c 44c 32c Aug 58c Oct Bruck 18c 15Vic Mar 28C 50c 18c 500 2.55 8,600 18c 20c 10,900 5c iyc 18c 5%c 4,300 24% 26% 75c 18c 65c 65c 1,000 65c 15c i6c 13,967 15c Oct 28c w 6c 5c 6c 13,000 4c Aug 14c 1,000 24c Jun 42c May 100 1.70 July 2.80 7.80 Apr Siscoe Gold 47c 45c 47c 11,900 56c May 3c 3c 6,000 3c Oct 7c May 38c 38c 41c 4,250 35c July 62c Jan 1 8oma-Duvernay Gold Mines Ltd 1 Stadacona • Mar 31c l 6.00 5.50 6.00 6,400 3.20 3.15 3.25 9,860 2.32 4c 4c 6,000 3c Sep — 1.25 1.31 2,900 80c Ltd 1 Torbrit Silver Mines Ltd; United Asbestos Corp Ltd 1 l 1.00 Vilbona Miqps Ltd Vinray Malartic Mines Ltd— l Waite Amulet Mines Ltd. * 6.00 pfd 6c 728,700 40c 17c 17c 18 %c 13,100 2c Feb 2 Vic 6,000 2c Feb 6c 11 1,000 8 Feb 11% 45c 39c 33c 40c 2c 1 5c 5c 51 %c 54c 9Vic 59c class 3.85 Feb 6.35 6.45 July 8.85 Calmont _1 a91c a91c 300 Feb 1.37 2.55 2.55 100 Feb 3.85 • 4.85 49c 1.17 1.27 19,500 1.10 Nov 1.75 Oct 1.40 1.49 3,950 1.22 Jan 1.88 Feb • 141/2 14% 14% 5,732 10% Feb • 1.74 1.74 1.78 1,200 1.30 Oct * 1.15 1.15 1.15 900 7.20 7.55 1,300 35 %c 35 %C 42c 12,500 18c 23c 23c 5,000 20c l * 10c Toronto Stock 16% & Co 1.50 , * * • • , 8.25 59c Jan of Prices Amalgamated Oct 28c Aug American Range Since January 1 Low Nepheline 21% Jan 45 25 24% 25 2,245 22% Jan 25 23% 23% 24 100 103% 103% 104 25 411/2C 39%c 42c 3,850 12 %c 10 Vic 14 Vic 145,700 445 21 25% July 100% Jun Apr July 65c 4%c Jan 14 %c 9c Mar 20%c Jun 2.28 Apr 9% 9% 365 Jun 38,530 70c Jan ioc 4c 15c 4,560 3c July 15c Mar 60c 39c 42c 2,500 23c 28 29% 13% Jan II* 2,976 85% 52% Feb 26 Jan 86% 1,280 27% 625 23c 70c I 7%c 72c 6,343 11,700 15c 7%c 7 Vic 500 6c 44c 90 27% July July Aug Jan class 2.25 43c 26,400 4.80 5.00 5,270 III 18c 18c 18c 5c 5 %C 20c 22c 19,600 7.500 17c Aug 3%c Mar? 1,065 Aug Aug 14% Jan 36 May 55c Jun 6%c Jun 18% Nov 37% 50 26 Feb 40 Oct 28 1,012 17 Feb 28 Nov 8 380 7 Jun 6c 13,150 5%c 5%c 8% Oct 16c Apr 15 15 15 228 12% July 15 Nov 16% 16% 16% 200 16% 17 6.50 6c Oct Aug 7.25 5c 7.70 975 5c 5%C 10,000 4c 39c July 8c May 95c 89c 98c 26,634 29c 32c 3,800 4.55 4.55 4.75 800 1.89 1.89 2.10 4,570 8.90 Jun 9c Mav 3.85 July 1.89 Feb July July Nov 1.45 Sep 36c Sep 6.10 Jun 3.25 Jan 2.70 2.70 315 47% 48 % 655 34 Jan 49 29% 30 250 29 May 30 Sep 11% 11% 50 11 Sep 13 May 52% 51 52 % 610 47 Jan 52% NOV 11 11 55 7 July 12% Jan 39 39 39 35 33% May 39% Oct 30 V 4 29% ( 30% 765 19 Jan 30% Sep 48% 48% 48 % \ —20 75 45 July 48% Nov | 14 Jan 25 Sep 33% Jan 45 Oct f 1 Aug 29% '. Lines SS . ; * * A Mortgage 2.25 July 3.00 Aug Oct ■ j; • common preferred 24 24 24 50 50 Varnish 43 % 43% 44 143 18 18 % 165 18 Oct 20 102% 103 30 80 Jan 109 52 53 55 30% Jan 6 July 54% 12 Oct ( 25 27% Oct | 25 & Cable class A * B 53 • 10 203 27% 1,455 * 18 20% 25,091 17% Nov 23% 10 24 % 24% 14,300 17% Aug 24% Nov 10 Breweries Canners common preferred Jan 22% 23% 2,116 18% July 23% Nov 14% 16% 13% 14% 1,775 10 Oct 16% 17% 922 July Apr 15% 20 * 45 43% 45 882 Feb 45% Sep 39 39 130 37 Jun 40 Jun 22 Aug 3.00 July 29 * common A Celanese j called (being redemption-on Dec. 11 at $20.20 share) Car }. Feb * Commerce \ Oct Oct 27 * of common 25 * 27 29 360 3.25 3.25 3.25 435 * common 28 % * Dredge 9 % 9% 9% 75 9 Aug 56' July 17% Oct % Oct 6.00 Jan 12% May 75% May 60 60 25 360 20 250 Jan 360 Oct • 26% 22 July 30 May * 69c 58c — General Oils , preferred v-1) ' 18 — Railway.. 100% 150 3,050 18 21 1,610 15 153 30 150 Oct 154 280 100 Oct 104 Sep 84 Oct 87 Ma7 17 . 84 25 20 21 10,578 * 37 37 38 13% 13% 14 * 12 12 12 13 1.25 1.30 l Jun 32 Vic Jun ♦ . Chesteryille Mines .-c «• %.r, >, Jim 1.400 1.00 Aug 1.45 Feb 2.00 2.25 2,425 1.80 July 2.60 Feb 2.36 2.90 75,660 1.00 Feb 3.85 75 %c 75 %c 83c 12,700 July 1.08 20%c 22 %c 16,300 1 21c 52c 13 %c July 36 27c Oct Jan Jun 9 9 9% Oct 1.05 1.05 1.14 10,644 45c July 1.37 Feb 1 12c 10c 13c 99,550 11,93b 4c Jun 15Vic Oct July ,1.78 Jan 40c Jun * . 1 66c 1 — *Chimo.Gold -snuL-LXl Chromium Jun 14 50c Wines Research Cheskirk Mines% 8 Vic May Jun Oct 14 ChSt 12 1 Porcupine Chemical r Jun 14% 2.40 1.25 1 Leduc Oil Central Patricia Gold Mines Central 41 • Gold Castle-Trethewey ^Central Sep Jan Aug Sep 12% 100 22% 11% 20 13 Apr Aug 31 1,940 * 18 % 16% Mar 110 • Vickers, 1.03 May 100 100% 84 100 25 28 72c July July 150 100 .——100 680 ' • common preferred Cariboo Sep Oct 4>.30 Jun .. Co* preferred Canadian Wallpaper class A— Class B Oct 6.00 Electric—. Canadian Tire Corp.— 14Vic May. Jan '' * Canadian May 72c . 12c . 18% 16c 26 • Canadian-. Pacific Oct 49c 3.80 Mar 8,500 26c ♦ i 17% 29 3%c Mar 7% " A Permanent Chateau-Gai 1.99 4 90 500 37% 4% Oct 40c 28% 27 11,600 5c 8 5% Jun 29% 8'/a ■» 84% 245 20c 5c 18 31 20c 28 8% 1.75 May 21 %c 30% " 20 Packers class Canadian 9% Aug 1.60 25 550 350 Oct 1.30 2.10 ... 95,100 50 Aug 1.40 —II Res 12c 100 105Vi July 21c 1 • Porcupine- 10c Canadian Locomotive Aug ♦ Consolidated Oct 10 %c Canadian Malartic Oct Anacon Lead Aquarius 9 • common Preferred 5,320 Anglo-Canadian Oil Anglo >Rouyn Mines-j_—xx 'Apex July Jun • Foils Canadian 44% • American Yellowknlfe 6 5% High 41% 1 pfct 25 1 Class A j Canada 8% * Ltd—. Canadian Food Products * — of Sep 8% 1 Convertible 42% » Larder Sep 73c • Bread Canadian High ; Aluminium Ltd Aluminum: Co 70c Aug 1 Bakeries Class Shares Low * — Oct 49c _* Oils Petroleums Bank for Week 1 - 50c 15,800 * Canadian * * Algoma Steel 30,800 73c * Canadian Oct Jun 20 Alberta Pacific Cons 1,837 60c 71c Sep Jun * Canadian Jun Sales Range Sale Price' Class B warrants J; 4.60 54c 72c * preferred Canadian Week's Par — 4.30 54c 10 32% * . ; A Preferred Last —1 Akaitcho Yellow Knife- 4.30 27% July 2% Jan * class A class Canadian Sep 3.05 Aug 1.03 July 4.20 Mar Exchange Friday stocks AgnewJSurpass 150 885 * Canada Wire Canadian Funds , 9 31% 20c per Acme Gas St Oil Oct 8% 30% * Canadian — Jan 8% 30 % * 1 for A 6 Sep 37%c Oct Class — 14% IIV2C May Preferred 1.10 — 5.25 July 2.75 1.00 July 8c Jan Canada 1.18 . Sep Jan 11 43/*c Mar Canada 1.41 •01.50 preferred aAcadia-Atlantic class Preferred Acadla-Uranium - 1,140 29,200 Class B 1 Abltibi Power it Paper common. 4,550 14 188,420 Canada 1 Oils 4.85 10c Canada, Malting Gaspe Oil Ventures Ltd Ltd 4.70 13% 28c Canada Del Rio Producers Ltd Ltd 4.75 13% 103 1.55 Oct Oils July 5c Preferred—— Sep • Homestead 99 24c Canada Jun Petroleums 140 1.43 Jun 900 Western 101 * B Canada Cement common Oct Sep 1,400 Western Jun 100% 101 Jun Oct 40c 7.50 Pacific 91% * 1 — Campbell Red Lake Jun Mar 5.00 Pan Aug 8c Jun 72c 3 Vic Mar 4,000 54c 13c 7.50 , 83 • class A Calmont Oils NOV 4.85 Home Oil Co Ltd— National Petroleum Corp LtdNew British Dominion Oil- 25 1.55 Calvan 29 Vic May 24%c May 101,200 18,250 2,500 1 Ltd 90 % July 25Vic Calnorth Oct 39c 1.24 _* Oils Jun 90 Callinan Flln Flon Jun 11 44c 1 Ltd 32 Calgary & Edmonton May Anglo-Canadian Oil Co Ltd Calgary & Edmonton Corp Ltd Oils 32% Jan 15 1 Canada Leduc Jan 25% * Calder Bousquet Caldwell Linen common Stocks— Central 16 25% 105 * A Canada Northern Power ■Oil Aug 3,180 29 % 100 100 class Class B 1.40 May 1.24 1 Yale Lead & Zinc Mines 45 29% 29% * Burrard Oct 1 Western Ashley Minerals Ltd Westville Mines Ltd— 16 29% 1 Burns Nov 3.30 Feb July July 68c Mills 2nd 2.40 Mar l . 16 29 % 29% Canadian Oct 6.00 Aug Products 16 * Burlington Steel— Jan 100 Mineral Jun Bunker Hill July 27c Wendell Jun 16c Building,. Products Bulldog Yellowkniie Gold Oct 15c 6.25 Gold 24% Mar Buffalo-Red Lake 26% Oct 18% July 61 %c Sep 900 2.46 Goldfields Jan 3c Buffalo 27c Tlblemcnt 19% 361,400 Buffalo Ankerite 6.25 Ltd 12,515 16c Sep 2.46 Mines 23 % 10 %c May 1 Mines 22% 13c 35c 1 Iron 22% 19c Nov 2Vic Jan i Cons Oct com_* Pwr 1 Mines Sullivan 9 Buffadison Gold Sigma Steep Rock 325 Oct 2.75 May Sherritt-Gordon Mines Ltd ; 9 May 58c 2.35 1 * Ltd 8% B 1,000 5,000 17,*330 i Ltd 15% Mar 8% 14% Aug 5% Aug * Power 3%C Royran Gold Fields Ltd (1944) 100 * Columbia British 50c 58 %c • Mines 6.50 Aug 15 Class-B May 3.10 May 1 Ltd 1,100 15 common Packers 1 Santiago-Mines Ltd Shawkey Mines Ltd-- 7,166 .__* Forest Products Columbia 52c 1 Quemont Mining Corp Ltd Quesabe Mining Corp Ltd Mines Oil British Columbia 2.40 Quebec Smelting & Ref Ltdl Quebec Yellowknlfe Gold Mines Ltd—1 (Quebec) Light & 1 Co Ltd Porcupine Prime Mines Ltd Quebec Chibougamau Goldfields Quebec Labrador Devel Co Ltd Quebec Manitou Mines Ltd 12c 6.95 preferred 5.00 48c Apr 15 A British Columbia Elec 4% 4.65 1.76 16c 10c Preferred- 4.90 1 Ltd Oct 6.50 (T G) 23c 1 Mines Oct Jun 25 25c 22c 24c 25 %c 1 7% 17 55 6.50 ~* 20c 22c 1 Ltd Mines Jan Nov Feb 10 Vic Lake * Corp Ltd 6% 15 50 1 Oct Jun 25c 1 60 115 160 —* class Cordage 1 . ' 16% Mar * Class B 2.25 15 3,000 —1 Mines Bralorne Mar 85c July 8c 1 Brantford 1 Mines Norklartic Mines Ltd Gold a60c Gold l Marlartic Pato Cons Gold 35c 1 Nocana Mines Ltd O'Brien 7,200 66%- Jan 1 Ltd Niw Goldvue Mines Ltd Normetal 625 50c 1 & Formaque Mines, Ltd New Hugh 16% 39c 1 Dredging Ltd—. New Aljjer Mines Ltd— • 15 -* 50 1 preferred A Ribbcn preferred July 15 % Jan 20% 40c 39c 44c 76c 46C 70c 15% Sep Feb 51 • 26c 24c 102 1 * Jun 50 600 Ltd Oct Jan 42% 33,500 56 Mines 15% 14 Sep 9% Aug 49c 46c Mining Corp Ltd— Corp of Canada Ltd Feb 38% 32c 46c Nechi • 13,757 Oct 20% 1.11 Mining 6% 625 39% Sep 41c 55% Montauban 200 11% 39 Oct 63c 38% 30c 1.43 Island 14% 11% 39% Jan 20% 55% Merrill Mar 24% 48c 1 101,900 20c 240 20% Mar 1.47 Aug 26.600 98c 1 Lt4 5 McKcnzie Red Lake Gold Mines Ltd—* Macdonald Mines Ltd 25.599 38% 50c 1 Bid good Sep 18c Mclntyre-Porcupine Mines 85 * Gold Bevcourt Blue • 14% * * 25 Bros Telephone 5c Bertram & Sons class A 7 Vic May 3%c Jan 1.47 27% Berens River Oct 1 Lingside Gold Mines Ltd Lomega Gold Mines— Oct 755 Jun July 5c 300 56C *_ Class B 9.75 July 5,389 9.90 62c 38c 2,500 * Bell Sep 30c 52,500 9c 1 Ltd—. 64c 1 Mines Ltd (1945) 6.15 ll%c May 7c 30% * * 32Vic Jun 4.00 Mar July July 6c Barymin Co Ltd.— Metals Mining Beatty Labrador Apr 7% Mar 30 % Bathurst Power class A Nov 3.80 Oct 6c Base Jun May 14c Jan July 30 % 10 Toronto 1.21 7 1 Bank Bank 60c 33,250 2.75 10 Scotia Oct Sep 7%c July 50 29c 31 %c 29c 1,185 7% 1 Montreal of 10c Jan 38c 22c 1 1 Mining Bank 32,900 3.15 10 Bankfield Consolidated Oct Barnat 33c 1 Mines Bagamac Jun 3.05 * class A 11% Feb 5c 8.50 July 4c 36c 6.45 2.55 Mar 25,000 10% Sep 30c 36 %c 32c 1 3.05 7% 1 Gold Fabric Auto May 32c 4c 1 Joliet-Quebec Mines Ltd Kayrand Jan 9c Jan 8.75 2 Vic 1 . Ltd Mines 8c 20% Feb July 4.45 26 Vic 5 Mines Ltd Jack Lake Mines Ltd Jaculet 29c _1 Ltd Cons Gold Hollinger 5,500 1 —1 Ltd (1945) Mines Gold beam 8.45 Mines 13% July 125 8.55 1 Gold Mines Ltd Fontana 6c 15% 8.25 1 Ltd East Sullivan Mines 4c 15% 1 Ltd Dome Mines Ltd Eldona 4c * Explorations Cortez 15c 1 Consol Rochette Mines Ltd 20c * — *"b1 J' 66c 7Qc 20c 20 %c 1.10 1.20 9,000. 352 7% - 55c 11 %c 66c Jan Feb July 1.32 Oct - — Fbr footnotes see page 41. (■■ z* -* ' -XL •- i Number 4957 Volume 272 . . The Commercial and Financial Chronicle . (1767) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED NOVEMBER 3 Friday Week's Sales Last Range for Week Sale Price of Prices Shares STOCKS Par Circle Bar Knitting Citra-Lartic Mines Cobalt Silver class A Ltd 14 High 14 Low 50 Cochenour — Plow 22 21 % 18c July July 18 %c 1.05 Aug 1.30 July 2.35 Apr Hallnor 7,045 13% July 21% Oct Hamilton 18c 4,000 12c July July 21c Apr Sep Harding Carpets 10% 10% 10% o25 1.50 Apr Harricana 3%C 70c 76 %c 8%C 9c Mar 1.15 Jun 5,600 5c 7,627 Aug July Hasaga Gold 30 %c 30c 32c 8,516 25c July 47c Feb 4%c 17 %c 489,600 3%c Sep 17 %c Nov 6c Sep 15c Jun July 48c Sep 70c lie 12c 10V4Cl2V4C 12c 13c 110,066 21,930 60c 58c 50c 65c 56c 31,482 Sep 34c Apr Oct Heath 78c Oct 40c 43c 43c 43c 900 35c 15c 15c 15%c 87,116 8c 5 Smelting & 121 118 121% 2,010 6% * * __ 100 172 6% 395 1.50 1.50 250 171 172 86 • 17 16% 17 275 * : Crown Trust 8 8 8 525 1 common- Pershing 38c 38c 38c 500 100 Coal 119'/2 119% 100 Patricia Mines 12c 17c 18c 7,000 20c 22 %c 5,500 22 * Ltd 8% 22 8% 22 8% 75 17% Jan 200 Delnite Mines Discovery Yellowknife Distillers Seagrams 1.07 1.27 62,000 14c 17%c 108,500 1 Bank 27% 27% 28% 8,025 • : 33%c 2 Dome Mines Ltd 15% 15>/2 15% 970 10 33c35%c 41,700 28 28% 718 25 21 % 21% 100 * 12% 12% 35 31 31 40 35% 38 I,330 101101% 11 % 12% 195 28% Apr 9 Aug 6% July 42c Fabrics common 2nd preferred * __ Dominion Foundry & Steel common—* 4%% 37% red sinking fund preferred-100 Dominion Magnesium Dominion Malting Dominion • preferred Scottish 101% Invest — 100 , com——1 Dominion 105 B 2,825 : Textile Dominion Woollens Donalda Industrial Apr East 28% Oct International 22 Aug 11% Oct 29% Sep 26% 13 % May ' Jan 31 Waite 27 27% 85 22% May 32 Feb Jupiter 22 22 65 21 Jan 23 12% Jan 8 Sep 30c July 73c II,500 5c 10,200 7c July Sep 9%c 9c 7c 8%c 9,700 4c Feb 11c 31c Jun 2.65 Apr 25c 23c 25c 5,300 20 %c 1.51 1.56 3,680 1.22 July 8.42 4.40 Feb 600 3.50 July 262 45% Feb 58 19 19% 80 15% Feb 20 50c 49c 56c 32,637 33c 28c 26c 32c 182,100 21c 14c 6%c 13%c 15c 6%c 14,566 7c 8,666 5c — 21% 50 48c 11,500 7.35 8.25 20,260 4.05 Mar 8.25 16% 945 13% July 16% 32% 440 31 12 121 1 — Fibre Products common——————•* — -* — — —* Gair • * Gatineau 5% 5%% — Power Goldale 122 650 5.10 10,545 11 11 275 8% 8% 13 13 1.50 51% 55 1.55 54% 55 2,058 24 Jan 10 30 .8c 87/sc 7,500 36% 50 110 Goldora Preferred Gordon Graham 8 Feb 12% 200 7% Jan 9 12% Apr 13 Class A 1,300 Jun 1.00 1.80 Mar Aug 16c 25% Sep 38 1-56 1.72 5,400 1.20 17 18% 2,290 107 107% 110 111 110 Jan 98 Jan 2.00 400 — 5.60 37% 40 105% 105% 1,530 6.55 6.55 10 6.90 3,377 July For footnotes page Jan 104% 29% Apr 39% 8% Jan 14% 6c 8c 4,742 13,600 14%c 15c 5,000 14,860 May 13c Aug 21c Jan Jan 62c 6.00 Mar 20c Nov 20% Aug 16 16% 3,285 13% July 30c 30C 16 Mines Ltd 21c Jan 5c 7c 210.650 3c Jan 14c Jun 30c 2,350 22c July 49c May 21 %c 24 c 12,550 17c 25,066 >5%c 1.68 1.68 175 5.60 5.65 5c 5c — Gold Cadillac . lie Gold Gold 300 9,300 1.07 4,100 Macho 12c Malartic & Leaf 7c 10 %c 226,150 6.40 23c Sep 10% Oct July 31c Mar Jan 43c May 21c 19,200 12c 15c 17c 16,300 13 %c 2.20 10,780 1.13 1.50 474,730 10c 12c 88,600 8%c 19c 1.80 July 38c July 3.25 Mar 1.50 Oct 5c Jan 12c Oct 23c Jun 10c 19,000 8c Sep 96c 1.10 160,800 95c Oct 1.10 Oct 2.30 2.45 12,255 1.60 July 4.10 Apr 12% 13 Jan 14% Sep Jan 14% Sep 3.20 Apr 60c Feb 12% 13% 1,610 715 2.10 2.25 10,400 21 %C 29c 36,025 2.35 ' 26% 47% 4,150 14% Jan 27% 40 Jan 47% McLellan Oct 24% 24% 75 11 4.85 12 4.90 65 9% Jun 1,400 4% Jan 26 Aug 4.90 Milton Brick 13 1,000 13% Aug Mining 7c Sep -V 43C Model Oils 10c 9c 11c 12,500 7C Jan .'i 20c ■> Oct Feb May May (ru7%'c May 23 Oct Moderh ' Monarch 2c 3.75 Sep Oct 13c 8,800 15c 22,200 5c 5%c 5,000 42 44% 9,810 10 25 8% July 17% 18% 4,070 12% July 99% 100 20 22c 22 %C 1,000 4c 16 10c Sep 10%c July 3%c M^r 55% 56 225 45c 45c 48c 5,505 21% 97 10c Jan 12 % Apr Oct May Oct 32c > Jun 31c , May 14c Jun 44% Oct 10%. Oct 18% 100 July 30c Jan Oct 1Jun Jun 50 July 67 Jan 37c July 60c Jan 13 %c May 3%c Jan 4%C 6c 10,005 15c 13c 16c 24,960 8c Feb 19c 9c 9c 9c 7,200 8c Feb 14% Jun 4.50 4.50 4.60 750 Jun 6.00 Apr 2.40 — r ;•_*/ — 100 7%C 187,200 1.55 2,950 4 common 16% 3,380 46c 52C 4,125 17% 15% — _• Containers 2.40 5c 1.50 7c 17% 100 15 - -Moneta 1.80 July 13% 12c 22 %C Lake Corp 1,700 100 11c __ Light & Power common 11c 57,500 8% July Mid-Continent Oil 13 7,705 4c 10 Mills 10c 2.49 14% 1,080 Gold — 2c1 July 6C Red Mexican Feb 13 7% 1.90 July 20c 12% Gold Mercury * 18% ——— Lake Red McWatters Oct 1,664 , 9% 11% Feb Jun lot 24c 12c 2.10 10 McKenzie Sep 35c common Preferred Nov 54 24% 46% 22 62,423 * McDougall Segur Mclntyre Porcupine jun 101 1 19c A class McColl-Frontenac ll%c May 10%c Nov 4c Grain McMarmac Sep Oct 15c 13c Martin-McNeely 2,600 July 33% -j 5c 3c Mar 42% Gold 4%c 16% July 30 12c Malartic Mines Ltd Marbenor Oct 4%c 13c 270 Feb 12% L. Massey-Harris common 620 32% 3%c 14 Milling McCabe 1,000 32 3%c Oct 3,500 Feb 34% May * Oct 5c 62c July "2.36 Eastern Jun 18c July 30 13 Goldfields Manitoba 19c i Jun 31c 750 27c 10c Oct 12c 7,560 2.16 Magnet Consol 2.10 July 13 4,500 " 3%c Sep ; 7%c — 27 %c May . Feb 32% — Aug . 1.34 2.30 Lake Gold Mines July 19% Aug 1.00 July 1.00 Mines MacMillan Export class A 5c 15,000 Jun 8%C . 15c 13c Sep 1.30 40c 42 %c 6%C 19c Gold 1,200 9% Jan 11 Jan 11c Mines 18,900 Oct Sen Feb 15c River Mackeno MacLeod-Cockshutt 18c 18c 12c 14 July 10 74c 1.40 Maple 8% Aug 9%c Sep 325 31% Lake— Jun 83 17 11 1.20 32 Mines Apr 52 14 14% 1.05 16c 70c 100 Feb 2.10 43c 170 Oct 7c 14% 41c * Mar 123 7%c 8,000 7%c Mines July 52% 3c Sep 2%c Sep 7,500 3%c Jan 32% A. Goldfields Yellowknife 57c 52% Jun 5%c —.—-~ 27c Oct Apr 5c 1.04 — class 4,900 2c 7.75 11 Lac—-,- Groceterias Jun 5.00 Aug 3c — Jan 85c 2%C Aug 4%c B__. 1.42 May 14% July 1,000 1.05 class Jones 21c ' % July* 40c 1,125 14% Secord Feb 85c 1 Jun 2.40 5%c — : 9 Oct.- Aug 3 %c Mines Jun 4c 3%c Mar 3.80 25 %c 2,370 8,732 21 Jun 1.34 33,300 4%c Mar — 1.32 July 10 2,100 • Sep July 65c 63c 60c 15c 5c 6.15 30c 20,700 8c 12,500 — Oct 38,800 22c 80,640 ' 18c 3,560 64c 52c 35c 6,600 Jan Jan 1.12 9.60 57c 2%c 101 95c 20 5.90 54c Red Sep Nov Oct 26c 33c 2%c 97 15c 83c 18 53c 9.65 Macfie Jan 1.05 9%c Long Mar 1,44 5%c 6.20 ' 125 Sep 80c July 500 19.000 5.70 5.80 Ltd 4%c * 10c 13c 90c 19% 13c NOV 36c Aug July 83c 30c. 1.05 4%c 5.75 1 35c 80c Mines & 7c 2,000 12,455 Oct 20% Mar .. G0%c Mines— 14c 1 48,375 24c July Aug 48c (1945) Luz 21c 1.06 19% Ltd Mines MacDonald 9.20 May 12c Oct Sep 500 45c Ltd 5.85 25 21c 24%c 1.00 Gold "■:t 99c — Maple Leaf Gardens 4c Nov Feb 4%c 46% 1.22 Sep Class B Aug 9% 12c July MiningMines- Macassa 6.35 Aug Aug — 35c 6c Madsen Red 2c 12%c 1.22 4%c Mar Oct 5c — 1.03 Jun 17% Nov 2,500 9c May 65 40 44,800 2%c 101 17c 16,200 106 12c 13%c 14%c Apr Aug 4%c 397,413 Feb 2%c — 15c 7c 20c 18 May 9c 14c Jan. 3,500 326,863 17c Lomega Gold Mines Ltd Sep 2%c — 1,155 9c — Class B Feb 9%c 57c 37c 9%C 8c Shore Lencourt Oct 3.00 6.70 29% Oct 12c Apr Jun 104 Sep 4%c Mar 33c Wasa Lynx Jun 18 10c 41. 101% 14,758 15c LkJJ——1 see 10 37%' 13% 16c 4.90 Gypsum Lime & Alabastine 103 36 13 Canada of 10 1 -li— lL 103 Sep * - 103 May Gold Loblaw Apr July 4.75 July 2%c 24% 12 Gold Oct 35c Osu Little Jun 19% 4.95 * Gwillim Lake Gold 41 20c Lingman Leitch Mar 112 1,550 * Gunnar Feb Oct 2.22 110 2.90 6.30 5.80 600 Sep 1.68 Aug 80 2.50 Saddlery .v 26 9C (John) Lawson Oct 110 6.25 Coal vx—i- 270 18c Leduc-West Oct 99 Oct 85 — — West Trust 40 85c Fortune Laura 3.20 May July 15% July 100 July 2.80 West Guaranty Oct 38% Jan Louvicourt 91% 17% Great Greening Wire 22% Aug Lake Lapaska May 102 1.89 July 107% Great Guayana Mines Gulf Lead Mines 10 4c Larder "U" Mines Aug 57 7C — • * preferred Feb Apr 36% common Mines Lapa Oct 1.36 * 1 Great Lakes Paper common 4 15 Lamaque May 50 4,800 " Bousquet 150 225 57c Dufault La Jun 99 1.48 50 Mackay class A Nov 10 Sep 1.40 1 - Aug Nov 22% 13c Lake Oct 15 51c 9 83c Lake Apr 97% —1 Goodyear Tire common. 9% Jan Aug 27,800 * Mines Mar 9% 27,900 1 Goodfish Mining 7 30c Jun 24c 1 Goldhawk Porcupine Jun . 1.18 -1 Arrow Jun 40 20 Lake Rowan Oct 8c 6.10 1.40 1 Manitou Golden 40 41 75C Lake Oct Jan 97% 1 Eagle Mines Golden Jan 20c Oils Marcus Gold Sep 30 64c Lake Apr 128 July Aug 4c 2.05 128 1 Mines 29 31% July 13 Co Mines Lake Mar 58 85 '20,900 * Goldcrest Gold Jan 7%c. May 9%c Lake May 15% 4%c 1 1 Jan 18% Feb 22 May 76c 120 1 Gold 27, Feb 3c 40 Labrador Mining & Exploration May 22 4.60 102 39 Oil 50 1,151 44,100 34c Gold Labatt Oct 12c 4%c 2.95 _* preferred——100 Gold Mines 1 Gold 9 14 51c Kirkland Townsite 23 %c May Jan 2.70 — Lake 9 102 1 1 Gillies Lake 9 44c Kroy Oct 47c July 2.95 — General Steel Wares Yellowknife Oct 74c July 36% 101% * General Products Mfg class A Globe 2,745 * (ordinary) Class A God's 13% -* Bakeries 75 Jun 15% 23c Keyboycon Oct 7% Oct 32c 100 100 common preferred Glenora 12 20 * General Petroleum Giant 21 45%c * preferred General — 6c 100 Ltd 8.75 July July July July * preferred Oils 19,042 —100 . Garnet Oils Ltd Garrison — 52'A —* Exploration Co — • Preferred Frobisher 50 13% A Kirkland-Hudson 37% May 32 —* — 370 34 33% 25 €5c Kirkland Sep 8.20 15"% 1 common 34% 34 Kerr, Lake NOV 15% 32 — 100 Cos 33 3S0 Jun Ltd Laduiama * Gold 1,500 I* Kerr-Addison Jun 58 5.10 Fraser Jan May * 6% — —* ... Kenville May 20c Oct 1.51 11% 8.55 * Manufacturing 65 5c Mar 7% Mining Kelvinator 214 23,700 8c 1 Ford Motor class A 17, Oct 15 8c Oils Jan 9 60c 7c —" A 26% 33% —— Kelore Mines 1 Fittings Ltd common-- Sep 3%C —« Ltd Quebec Oct 6 L Petroleum B 13 July 7% July 9 —* Class 10 57 Kirkland Francoeur 540 8.20 - Preferred Fleet 12% 8%c .1 1 Fanny Farmer Candy Shops Class 12% 54c 6c 8%c — 55c 6%c 1 Corp Federated Oct 6% Jun 1 Federal 12% 100 26 Mining Joliet 1 common 29% 1,425 7% 15c Jack Nov 1 Grain Jan 2,651 13 7% Jun 9 Gold 12% Gold Federal 21 28% 12% Jan 9 6%c Jacknife 10 * Nickel 32% 10 Nickel 3,905 5 43% 1 Players Oct Jan International Petroleum Nov 105 Oct 7 30% ■ . International Sep 13% July Preferred 30c Sep 150 * class Sep 260 Powders Oct 12% 19% Famous 13c Sep Sep 57 41% Mar 7% — Metals 50c 32% 51c Sep 102 Aug 7% July 100 Mar 38% 100 International 50 7 2 12% 20 Falconbridge 94,850 July 32 common Bronze 12% 57 Eureka 29c 27c Feb 25c — Mines —— 3- 2,518 48% Aur 19 Mines —. classs -A. 55 Inglis (John) & Co Inspiration Mining Jaculet 1 Brass 54% • Ingersoll Machine class A Oct Jan • Empire 75 1,700 Joburke Gold r, Gold 50c 50c 17 May 29-% 20% July 25% Aug Jellicoe Mines Fen-Rey Jan 50c 49c — Oct 27% 58c Mar 19% July 13 Oct 25 Sol 15 %c 16% ' Oct Mines El Aug 25 Jun Investment El 5c 32 28% Steel Eldona 13,500 25 Acceptance 47% Eddy Paper class A Elder Jun common preferred Feb • Sullivan Eastern 16 %c 13 $1.60 16% July Mines East Sep Mar —— Conv preferred 70 Leduc Economic 16% 4c 28c Oct 4,150 East Crest Oil East Malartic 12% July 2,500 8%c 6%c Mar 32% Oct 8 ———————-* _ 8,060 6%c 7c • 54% 18c 28 * Duvay Gold Mines— East Amphi 14% 6%C — 1.75 • 47 23.50 ; 14% — — 8 common Mines Nov 11% Lake Indian Kayrand Dominion 23% 8.50 July 50c _1 4% preferred Imperial Varnish 47 — Dominion Tar & Chemical common—* Preferred Jun Jan 6,665 £ * class 15c 235 11% — 26% Stores Coal & 14c 23% 10% 5 Bank 27 — 50 Steel 105 50 5,300 Oct 22% 8c preferred _25 Preferred Dominion — 1,570 Jan 6%c a. Preferred preferred 10c 13c Preferred Oct 1.90 Feb 28c July Oil Imperial Tobacco of Canada ordinary- 24 %c Jun 1.20 Aug 40c Feb 6c 4c Imperial Jan Sep 15c Oct 6,000 Hunts class A Imperial Jan Jan 1.15 Smith Oct 24 30c 1 94c 6c Mines Jun 42c 10c 1 15c Mar 22c 11 Mining Hudson Bay Mining & Smelting Hugh-Pam Porcupine Apr 31c Jun 11,750 Ltd Sep 58c 14% Gold 56 Apr 134,800 Minerals 5c 5,600 — Hoyle July 19c 1,200 Howard Apr 10c 39c 1.35 2,200 10,500 92c —— — Yellowknife Hosco 19c 16c 1.30 40c 9%c Dauch 26c Apr 36%c 1.30 Homer Nov 123 Aug 18c 1 38c 4%c Oil Jun 9% Mar 37c : Home Jan 8%c Mining Hlnde & Oct 38c July Ltd__l Mines 1,000 Jun 11 14%c May 90c Hollinger Consol "2.4)8 Aug 6% 20 7c 63 %c July 8% July 9c Highwood Sarcee May Jan * Gold 177 14% 7c 7c 26c 40c Mines Jan 13% 47 15 %c Mascot Sep July 115 17c 7 1.75 Jan 35c Lake 7c Highbridge Oct 124% Apr 8 Red 28c Jun 1.01 July 25 20c 27c 26 %c Highland-Bell Apr July 160% 57 1 Class B 5 7,600 * A 65c May 1.05 53 * class July Mines. Gold Heva Gold 1.05 May 91% Mar 12c 15 %c 53 1 Petroleum July jury Gold Gold Headway 20c 1 Mills Coal Rock Aug 4oo 2,736 Producers Hard Sep 7c 1 (Temagami) May 7%c 3,433 4,400 Imperial 65c 7c Hedley 2 1 12 v Jun 1.20 Distillery class A—. Dominion Jan Anr 16 550 — Dominion 4.40 15% Feb 1.27 Mines Gas Dominion 24,574 Oct 13% 1.26 1.95 Rio 30c 3.25 10 % July 1.50 1.80 Detta 70 2.25 11% Del 480 May 4%c May Feb ___ Oils 100 14 15% l%c Mar May 1.80 Delhi common. 3.75 15% Bridge Sep 7c 1.15 11% Decalta 10,500 29 51c 1 Mining Leather 3%c High Feb Oct 490 * D'Aragon 2c 20 3%c 900 • Davis 1,200 13% Hamilton Cotton 3%c Corby Davies 4%c 2,000 Howey Nest 50 3.75 23'/2 Conwest Exploration Crow's Low 25% 2c Mines 14c 1 B Crowshore 64c Sep Range Since January 1 High 25% 4%c Halcrow Swayze Halliwell Gold 4,600 25% 1.85 Consolidated Press class A Bit Low preferred 1.50 Consolidated Lebel Oro Craig Brass 3'/2c • Consolidated Beattle Croinor Hahn 1.80 Consolidated Duquesne Cosmos Pa Mar 1.50 Consolidated Ansley Consolidated Astoria (H) Shares ♦ . Mines Consumers 1.73 10c for Week * Petroleum Mines Consolidated 41,100 1.62 102,950 16 Sales Range of Prices 3c * Commonwealth Consolidated 75c 1.62 15c High Oct Week's Last —5 Commoil Coniaurum 73c 13% 1 Yellowknife Coniagas 14c 73c 1 ._ Coin Lake Colomac 14%c • — Mines Willans Cockshutt 1 1 1 Lode Class Low * Friday Sale Price STOCKS Range Since January 1 — 3c Jan 10 19 ■ Oct Sep 9c Jun 2.25 Jun Jun 17 31c Feb 66C May 14% Jan 19 Mar 91 : 2.90 1.45 July 1.10 Jan 91 15 85 Mar 31c 10 Knitting preferred—'— Porcupine Montreal Locomotive 3.00 34c 4,500 26c July 19 20 2,985 17% July Sep 93%kFeb 41c Apr 22% Apr 39 The Commercial and Financial Chronicle 40 Monday, November 6, 1950 . . . (1768) LISTED MARKETS CANADIAN RANGE FOR WEEK Week's Sales Last Range for Week of Prices Sale Price Low Par Corp Moore * Preferred >' Mines Mylamaque National Breweries common National Drug & Chemical com Preferred New Alger New Bidlamaque British Dominion New Oil Goldvue Malartic New Hugh New Jason — Newlund Mines New Marlon Mosher Long 1 20 % 65c 50c Aug * • • 9% Oct Oct Slater (N) 28 Oct Southam 3.10 Aug Mar 19% July Mines Lac Stadacona Standard Chemical common Jun 17c May 11c 5c 5c 6%c 2,000 3c Feb 9c Oct 1.13 1.10 1.18 15,654 85c July 1.50 Jun 2.25 2.20 2.30 19,550 95c Mar 2.50 1.30 1.30 1.38 15,066 60c Jun 1.51 25c 20c 26C 58,725 19.c Sep 21 % C 17 %C 24c 508.866 12c Sep 21c 20c 24c 17,265 20c Oct 51c Jun 22c 24 %C 26,900 20c Sep 31c Oct 2.30 31,295 43c Apr 50c Oct Oct May 24c Nov 7%c 6%c 7%C 18,800 July 11c 18c 17c 20C 34,150 6c July 20c Oct 4%C 4c 4%C 8,500 3c July. 7c Jun 5c 3.70 May Jun 15c 14c 16c 24,150 10c July 32c Apr 1 6%c 5%c 6%C 15,000 3c Jan 10c May * 8%c 8c 8%c 23,183 7c July 12c May Rouyn Merger 1 6c 6c 6c 500 4c Feb 13c Apr Thurbois 1 1 * 7c July New Pacalta New New .. Oils.— Yellowknifc Nib i. — Nicholson Mines —.— 1 • Mines Ltd Nisto Mines Noranda Mines Norlartic Normetal Norpick * 1 Mining 1 Mines Denison Mines Mines Nubar 12c May Oct 79c Apr 37c 25c 38c 68,800 73% 4.75 3,500 4c Aug 9c 6oc 2,836 33c Aug 70c Oct 16c 500 9c Feb 20c Oct 13c 12c 14c 6%c Feb 37c May 10 %C 13c 12,500 18 %c Jun 9c ll%c 79,900 9% 9% 6,550 6Vsc July Mar Oct 12c 4%c July 7% July 211 11% Feb 31c 29c 34C 85,603 24c Aug 42c Sep 31c 37c 41,340 15c Aug 43c Oct 1.40 1.48 I,000 * • • * — 35c 45C 1.75 1.85 8,400 17c 17c 18C 12,100 4c 4%C 28,200 4.75 4.75 50 9%c 10%C 5,500 4%c 4.75 1 1 Mines 6%c 1 Lake 10 '/2C 1.27 5%C 1.25* 3 V»c Apr Oct Elevators Petroleum Hershey Tubes Porcupine Mines Page Cadillac Western Pan Paramaque Parbec • _* Ltd— Pamour Pandora 1 ; Traders Finance class rights United Corp Feb United Fuel class A preferred United Oil 10c — Oil Pickle 95C 3,104 83c Aug 3,200 3c Oct 7c May 42c 24.200 17c Feb 60c Jun 7%c Apr Virginia 5c 3,570 3c Feb 4%c 1,000 3c Jun 3c 3c 500 2c Aug 7c May 82c 132,600 20c July 96c Oct 55 50 51 Jun 56 Oct _* 10 10 700 5 Jan 10 Nov 47c 50c 1,600 40c 63c Jan Wekusko Consol 29c 32c I.000 12 %c Aug 32c Oct 1.76 1.85 5,195 1.65 July 3.15 May —• Mines. 1.80 July Class A Polaris Reef 3.10 3.00 3.10 10 %c 14c 265,500 1 !___ River Rouyn Gold Gold 59% 62 745 1.10 1.15 4 80) A common trust certificates __1 • Corp 1.05 1.05 20% 20»/4 1 Preston East Dome— 1 1.56 Mills 55c v 5% 6 430 5% July 47% 48% 290 45% July 45c 1 000 Quebec Labrador 1 18c 19c Quebec Manitou 1 2.35 2.33 2.55 76c 76c 85c Queenston Gold —1 Mining • Quesabe Mines Ltd 1 24V2 . (Little) A Roxana 69.675 67c 65c July July 17 July 31,500 9,810 68c 587,750 • 40c 38c 35c 40c 16,842 30c 40c 120,960 35c 37 %C II,100 34c 3.65 3.75 635 7,500 3.60 . 73c 7c 3c 1,100 345 1 15 % i__ Apr Feb 50c Jun Feb 30% Oct 27 16,100 29% 29% 30 % 765 " 10% ,.10% 10% 100 10% Oil • 12% 1oi/A 12% 1 2%C 3%c 2,690 7,500 8.85 Rupununi Gold Mines Royal Oak Royalite Russell Dairy Industries Lake Ryan class A ^ • common Mines „—1 St Lawrence Corp common 1st 2nd preferred preferred San Antonio 22"/$ 27c 22% 1,805 22c 28 Vac 73,750 22 Mines 1,330 12% Jan 30 Oct 895 27 Jan 59% Oct 10 14 Jan 19% Oct 99 101 101 102 .465 59 59 59 161 2.65 2.60 2.70 1.947 6 %c 8,600 9'/4 425 15 225 97c 1.00 10,100 1.60 1.65 1,100 24c 26c 18,324 1 Petroleums • Selburn Oil Co Ltd • Senator Rouyn 1 97c Power com Preferred class A Sicks 26% Mines 1 Gold 25c • For footnotes page 41. 1.60 20c Oct July 26% 27 1,554 22 July 47 145 47 Apr 23 %c 28 %c 14,100 10c Feb 15 1.03 2.10 40c Nov Oct Sep May July 6 17 17 45c 42c 35c 47c 14,100 36c July 62c Apr 40c 40c 37,050 15c Feb 40c Apr 200 1.00 3.00 18% 12%c 1.00 3.25 — 34 J_ 19 14c 56 % 22 8.85 8% 56 22 8.55 44 %c 8% 1.90 9.20 1.87 8.40 1 —1 —1 44c 7c 15c 43c 1- — 17c H 52% 6% 10 11 55 6% —• 1 — 1-75 -1 52c —1 13c 1 i 85c — Mar Oct 20 May 16'A 3.70 Oct 3.00 114,850 1.00 34 265 56 Va 470 265 2,460 46c 5,400 • Oct 36 Jan 26 56 %»Jun 22% May 3.25 Jan 6% Jan 9.70 July 19c 1,885 Nov Jan 20 9.05 Oct May 1.24 Nov 52 22 Vs Sep 20 17c Sep Jun 65c ' Feb 9% Oct 2.00 10,000 1.50 July 4.20 Apr 9.25 13.795 5.50 9.25 Nov July 6c Sep 15c Jun 19c 116,525 2c Jan 29c May 48c 4,400 20c Jun 55c 16 50 > 7c 2,515 - «' 11% 14,452 7.85 Sep 20 15.Vt Aug Apr u . S.( Oct 11.50 July 55 5,724 Jan 58 Oct 6% 25 4.75 Mar 7 Sep 10 15 8% May 10% Oct 5c Jun 19,000 11c 9 %c 8,100 . 19 465 39,025 36 Sep 11c 4%c Mar 14c 16 Aug 20 Oct Feb 71c Jun 16% 7c Jun Oct 20 14 % Aug. 190 27% Jun 33% 30 Oct 34 20c Oct 30c '195 23% Feb 29 Oct 35 99% Feb 104 Aug 85 4.506 Oct May Sep 11c 8,300 7c July 14%c Oct 14c 73,100 4c Jan 17c Jun 1.12 14,200 1.00 5%C 5,200 37% 1,450 30 1.30 Nov Oct Mar 9%c May July 4c 42 Apr 99 % July * 25 97 18 25 13 1.80 4.980 51c 11c 85c — * class A —i_ 20 54c 51,650 22c Apr 60c Oct 13c 4,700 10c July 25c Apr 92c 14,590 73c July 1.33 Apr 6 100 —; Oct 16% 1.24 10c * Jun 13% July 34c 14% 14% 32 32 31% 31% 21c 23% c 28 27% 102 100 % — Jun 34 8%c July 9% Jun 80c 35 V4 Aug 14,115 40c 5%c 37 % 99% Mar 25 12,224 9c 10 %c 1-00 5V»c 36 % 99 18 1.75 24c Oct May 23% July 17 . 13 Va 17c Aug 20 7%c 18% 12c _*_ 6C Oct 11% 9% May 10% Mar 15c 16 44 %c Mines.—____——1—1 1 6% 208 5 May 6% Apr 99 % Sep Nov 18 Mar 2.27 1.65 July Jan 27 Sep 48% Aug 42c Exchange-Curb Section Canadian Funds Week's Sales Last Range for Week Sale Price of Prices Shares Friday May Sep 1.33 Oct 21% 21% 21% 465 19% July 22V4 Apr 20% 21 1,070 18% July 22 6.25 6.40 760 19c 2lViC 9,700 Low Asbestos Co Brown ^ 1 Gold Dominion Sugar.— & Canada Vinegars Fairbanks Morse Canadian General 310 24% 163 305 82 7%c 123 8 Vac 125 9,989 124 % ' 6.75 7.00 540 6.05 July 21% 22 14 50 21% 560 20 Vs July 29'A 220 21% 2% Jan 3.50 Jan „ 8 100 • * — 21% 14 14 50 A * 21% 29Vt 21% .28% 230 Oil Bridge ; Dominion Glass common Oilcloth & Aug May 70 4.00 6V8 13,100 1.10 80 1.20 225 30% 29% 31'A 35c 35c —* —* Hayes Steel International Paper International Utilities 7% — 17Y8 6,000 28c 53 325 30 39% 5.00 33'A. 48 22% ,60 5 22 100 — 60 1 6 475 295 1,229 40 July July Apr 7.25 80 -1.75 Jan 37c Nov Nov 5% Jan 6,450 145 2 57 Jan 32% 5.00 33'A 21% 29% 18'A July Feb 70c, 6,0 46 21% common—4 700 50 V4 60 39% 4.80 39 % * Lino » Sep 14 5% 76 z- 23 55 3.85 51 % Oct Oct 9.75 Jan Jan 5% 76 1.20 -A + 128 i May 4.00 —• Dominion 8% Feb Jan 12 * Paper bet Oct 39 715 * 37 163 10 -A Westinghouse 3% 92 Oct Jan Mar 50 ^_5 __— Copper Dominion 36 ±A Western Lumber— Dalhousie 35% 155 1 Marconi Canadian Consolidated 36 • Investments Canadian Coast 29 ——_* com Canadian Industries common Canadian 27.% 5 Canada 31 Sep 28 & Paper com—• —1 common Preferred. Bulolo 22 V2 * Corp British Columbia Pulp High Low 700 5 Devel Newfoundland Anglo Range Since January 1 High 32 >3ep Nov Sep Oct 49%c May 56% Oct 44 % Mar 63 Oct 38% 41 % Apr 3.15 Oct 6.00 Jail Sep 27 Feb 36% Mar 37% Jan 64 Aug ' 18% July 25 Jun 35 42 60 Nov 300 23 28 ^Jun 775 Sep 2.80 , Par Foothills Oils July 1 - 90c 93c 15,400 2.24 2.35 1,800 • 10% 10% 10% 37C ____• see Oct Oct Nov 1.60 90c B 12% 97c 1.39 May 17 stocks May 9V4 1.05 50c Class 9c 3%C July 7V» Aug 6,900 —l A Jan 49,010 Silver Standard class 4.05 2.58 20c Dairies July 2.00 Oct 1.25 1 Silverwood Sep 1.20 2.45 Silanco Mining Silver Miller Mines Mining 59 V4 104 20% 1 common Jan Jan 2,35 50c Voting trust certificates Sigma Mines % 50 % 47 50 Gordon Breweries • 25c 85 May May 17 10c Canadian 19 9 (1945) Oct 29% 6c Creek Oct 34c 58% 13 Sherritt 22% Oct 19 * Sheep Jan 21c 56% • Shawkey 17% 27% 19 1 Shawinigan Water & Jan 28 __1 1st preferred Gold Freehold Apr - 56% Bridge Security Aug 4%c Oct Feb 1 __1 Scarfe class A Sarnia 11 15% July 2c Mar 47c 17 17 Toronto Stock May 49 ; St Lawrence Paper 2nd preferred Sannorm 3c 20 Jan 50 102 Jun 16 %c 121/4 Aug 1,195 Jun Feb 25c 34c 12c July 6c 31c Feb 17c 17 10,575 i.__._5 York Knitting 5ViC July 30 Bear Mines Yellowknife Apr 40c Apr 450 2,500 Sep 3.65 30% Sep 5c II,500 11c * 100 Mines Yellorex Sep 4.80 11% 8%c 50 ——10c H) (G Jun Jan 14% 960 13 Oct 11% Oct 84c Sep 7c 31c 43c 2c 14 11% 3 2'A Oct 2.35 July 10% Oct 9 14% 5,800 80c 140 Apr Jan 60c Nov 2.03 Mar 9% -A 1.84 May 97c Sep 4c Oct 27 July 9% 10 Co_— 19c 9% 1 Royal Bank 6c 3c 7c 2.65 Apr 30c 35c * — , Lac Oils May • common j Long 30c 37c 1 Class Mar 1 _ Gold Roche 15c 1 Regcourt Robinson 10,500 26% 1.30 31'/a 23c Electric common preferred—— Winnipeg Wood i Wright-Hargreaves Yale Lead & Zinc.— Jun 24 12 %c ——* Wool Combing 64c 59c 61c ' Reno Jan Gold Gold Feb —1 Aug Mar 1 Petro Petroleum Reeves MacDonald 8% 49 30c 1 Poplar Gold Mines Ltd Redwater-Picadilly Reef Jun 5% 45c Red Feb . Gold Quemont 2.05 3.55 Wingalt Jan 14 %c 150 5 • Winchester Larder Jun Windward 1.66 4%c July 28% Mar 3.30 30 Wiltsey-Coghlan Jun 21 % 48'/a 1 Quebec Oct 22 % Jan Mar 1.12 Aug 5,500 1 1.20 Jan 1.28 Aug 11,030 8%c May Feb 38c ! - July 60c 1.27 2,000 19 40c 14% common Preferred 12 % 1,950 15 %c May 9,500 — Oils Homestead 15% 5,200 1.20 May Jan ,18 ———320 _ (Geo) Mar 3c 24c * common— Weston 40c 23,500 8%c 10 9 %c Grocers Oct 22,700 11c 23c — —1 Western Oct 84c 2.31 24c 1 *; Jun 25c 15c 3%c July 29% Breweries.— 1.25 Oct 1,500 9.345 50 —* Mineral 64% July July 5,861 A Ashley Preferred 18 2,55 —: I __— Canada Western 1.18 * 10 com — Jun May May 11% * * Western Oct July 40 Airways Flour 21c 56c 280 2.50 4 Jan 42% Mar 640 1.56 Nov 49c 2,400 17% 1.45 17% Preferred 1.10 20% 17 2.45 Metals Prospectors' 3 3c 11,400 1.08 Pressed Purity 1.15 1.12 3.45 Mar 2.20 July 3,300 13 Vac 62 Powell Powell Voting 800 * :_ Peninsular Porcupine 2.25 A Oil Porcupine Power 2.25 —1 15. 31V» * common Western Go!d Pioneer Nov 25 -- Products Westeel 130 38c (G & W) (Hiram) Waterous Ltd Feb 30'/4 —_—2 Amulet Walker July 121 10c West Malartic 1 Waite 10 10 1,800 25 i—— preferred— 55 Oct Va 11 25 2.45 8c 18 10 %c May 74c 3c 75c Nov 6.00 Feb 2.25 11 130 16c LA 1—! Villbona Dare 10 % May Aug 3.25 1 Mines Vicour 89,010 Oct 5c 10c —.— Gold __—_• Violamac Mines 4%C 29c Gold Canada Mines Ventures Ltd _•____i_ 3 Vac 4 %C Gas Crow Feb 6.00 Oct 30 Feb 6%c —* : Upper 36c 36c 1 & 1.58 i * Credit Securities—. People's Aug 10,000 7%c —* ' 3c _1 common Perron Gold Petrol 50 5c 2.55 —-—* Steel' Jun 29'A 20% 30% 11 Va __ i * ^50 2——25 — 92c 95c —1 1,. Consol Ltd Penman's Jan 1 Malartic Paymaster 49 '/a Oct 8.25 Feb —1 Mines Malartic Partanen 4.20 241 31V4 11 Vs * United Keno Hill Jun 44% -1 * class B Jun 1 295 29 9c —1 ___i._l B 1.75 20,550 20 * May 12%c 7.60 755 1.25 IIV4 13 —__. 1 July Mar Mar 29 80c 9Vac 1.21 — —. Resources — July July Jan 18% 16c 6c 9%c 1.23 —'——i—• United-Asbestos 5c 8 75c Oct Aug 3.10 — 3.25 —* 75c Apr 1 • • Gas 52,500 49% 6% 43c Apr 6.50 Sep — Acceptance common—J 26,200 49 4.50 16% 17 Oct 18 225 17 Apr 96 18 __ 10JA Jan 12 % July 125 5c 5.30 11 130 63 %c Mar 7% July 86 7,100 Jun 1.25 11 % : — Transcontinental 1.34 7.15 May 18c —* A— Transvision-Tele vision Oils Oct 22 —1 ——_—— Preferred 41 Oct 1 * B 7%C 7.30 29 Feb V4 19 -A : . Towagmac Exploration Tower Petroleums Mining 7 59c 17% 28 V4 28% 6.00 11 — Works class A Union Apr 54c . 32% 18 Sep 7.,75 6% * Jan 15c 6%c Aug 15 5 * 50c 9c Aug 3%c Feb 5 — 1 28c 15c 1,025 54c —* Iron Union 14% 14% 5 1 Toronto Nov 95 — —1 1 — Torbrit Silver Mines- Union July __ Ltd Toronto B 35c 45 5c Tip Top Tailors Tombill Gold rights 1,866 2,235 28% Gold A 40c 9% 95 Va 14% Tamblyn Ltd common — —* Taylor, Pearson preferred-————10 Teck-IIughes Gold Mines : 1 Thompson-Lundmark • Class 38c 9% Oct 1.05 May Mar 38c — River Taku 10c 17% Mines Oils Inlet _• United Pacific Riyer Gold Contact Cons Sylvanite 8,000 --1 100 100 1 Superior Surf 13c * Trusts common preferred Sudbury 11 %c * 25 common Oil Sturgeon May 2.24 Canada Sterling Coal Sterling 70 * Preferred Stuart 235 1 Steeloy Mining Steep Rock Iron Mines— 45c Feb 1.36 July 4.50 of Co 15,800 41 * A Bros Steel 68C 19% 12c * Gold Stedman 65c 40% 19 % __ • class A class Olsen Starratt 30c 12c 694.700 1.80 2.33 1.26 July Jun 6,285 17C 41c — Exploration Lake Oct 5.00 2.46 Mar 5 v» c 17c Malartic Red May 5c 1.42 Orenada Gold Oslsko Oct 77c Oct 16c Mines Orange Crush s Orlac 27,026 Oct 74% July 33c Oils Omnitrans 5.00 41c Oct 63 30 %c 58c 1 Selections Okalta 94.950 58c Ogama-Rockland O'Leary 42c 4.o0 36C 35c 1,960 >c 73'/4 5>/4c Ltd. Mines Gold O'Brien Jan 25c • Ltd Lake May 2%c 19,900 1 (1940) North Star Oil common Obaska 25c 10,500 33c 1 North Inca Gold Northland 6,500 5c 30c 9 %c 1 — Extension Northern lie 4%c 32c * * Gold Northern Canada Mines North -1 —. „. Radio Brock Stanley 45c — 100 — Paving common Sullivan 1 Norzone Preferred Standard Standard 2.15 Mines Oct 2.20 Mines Norseman New Brazeau Apr 105 Jan 6%c Aug 13,000 South Co common Co 1.84 9c UC Malartic Bladen 27% July 1 Gold New Oil Apr ——1 1 1 Gold New Newnorth 30c 28% 101 % May 20,450 9% Mar July 20 57c 50c 28% 104 104 % Jan 46c 27 104 % 100% 1 13 Apr 24c July Gold 13 Aug 78c Oct 96 270 10% Mar 1,245 32 Va 30% 10% 8,275 23% July 29% 190 19,625 35'A 99% 100% 155 1.90 26% Mar 29% 630 1.02 630 99% 9 27% 35 Vs * 13 95c 34 100 12 V. 1.70 35 Vs Preferred 12 25% 20 Class B Siscoe July 97 Oct 12 2,736 High 11 Jan 97 * class A——_ 97 Jan 8% 19 Low 9% 100 pfd 26c 24c —— — , Simpson's Ltd Range Since January 1 High 37 Sep 7% Dairy Western Silverwood Low Shares 720 1 Laguerre Mines New 22 135 26 1 1 1 1 1 New Dickenson Mines New 22% Feb 1.75 1 * Mines Calumet New 6c 75,100 27% Mar Jan 1.00 * 100 1 preferred— (Wm.i < * * . Mines Neilson 26% 100 Nov 97 July 12% 5 * National Steel Car Negus 27% 22% ~9 72 1,115 for Week of Prices Par High Low 12c 17 Vac 13c -5 — Petroleum National 97 27% common Hosiery class B National Shares Sales Range Last Sale Price 12 * Grocers National 27% STOCKS Range Since January 1 High 82 25 1 • common 94 Week's Friday Friday STOCKS ENDED NOVEMBER 3 7% 7% 7% 50 Langley's Ltd preferred Loblaw Inc ' — 5 24 26% 23 Vs 27 24% * — 21% 21Y8 Jun Minnesota Aug 8.85 Jan Ogilvie Flour common 14c Sep 38c Jan Pend Oreille —1 48c Jan 1.04 Jun Price Bros 2.35 Oct Southwest 6% Mar 7% Oct Supertest Sh 27 —• Oct 5.85 2.24 92 Jan 99Vi May Yukon & Ontario Paper Consol 1,430 — 26% Oct Sep 1,120 5.G5 Mar 9.35 Sep 8.45 108 25 40c 1,000 * ordinary . 22% 8.15 104 40c 130 131 225 — 1 — 50%c 56c 1,660 , Jan 19 % Mar 40c 8.30 17% July July 125 * Petroleums warr * 63% 30c Jan Mar 60 Jar. 50c Sep 112% Oct 45c Jun 136 63c Oct Oct Volume 172 Number 4957 . . . The Commercial and Financial Chronicle 1 ; \ - ij' - • * ' . (1769) OVER-THE-COUNTER SECURITIES Quotations for Friday, November 3 Investing Companies Mutual Funds— Securities Aeronautical Fund Affiliated Amerex Beneficial 7.26 4.36 4.72 10 1 1 Tr 10.25 2VZ 20.35 Net 9.26 9.27 5 18.44 Bullock 1 21.71 1 37.71 1 17.52 Ltd Fund Century Shares Trust Chemical Fund Christiana Securities 100 5 300 com Preferred 100 Commonwealth Investment 1 Consolidated Investment Trust_l l%s May 15, 4.10 4.52 1.70s Aug. 15, lo Industries Dividend shares Petroleum Steel 142 6.26 23.79 40.55 18.95 5,450 147 Mass Investors Mutual Fund Balanced Bond Low Inc 20c 4.51 4.67 Fidelity Fund Inc —5 30.46 32.93 Industrial Fund Inc_l 2.19 2.41 Fund 1 5.50 series lc 6.35 lc 5.52 6.05 2 16.77 18.38 Fundamental Investors Inc 14.80 Fund Industries General Capital 11.43 Stock 7.92 l 99.8 1, 1953-1951 1, Feb. 99.2 99.8 100.16 100.24 98.12 1955 1953 99.10 99.18 118% l%s Oct 1, 120 1957-1955 98.20 U. S. Certificates of Indebtedness Maturity— Bid Treasury Notes— l%s July 1 1951 "B" 3.86 5.39 5.89 l%s 1 7.49 1 3.89 4.69 17.53 .8856 l%s March IB, 1 %s March 16, 99.8427 .8297 .8029 Ask .8646 99.7940 Bid 12.93 1951 99.7649 .7940 18.85 11.80 .8883 99.8663 1, 5.13 1 England York 99.8689 Nov. 4.25 Com Stock Series 1 l%s 8.19 Series Group Series New MaturityTreasury Notes—(Conf.) .8881 99.7751 3.53 l Series Fund 7.88 4.75 5.19 1 Series Low Priced Price Ask 99.8686 l%s July 7.68 7.21 V Stocks Oct. 15, 1951 Certificates 1%8 1984— 99.7 99.9 1958 99.10 99.12 of Indebtedness— 1, 1951 Jan. 99.9651 .9743 Inc— Agriculture 1 7.87 Aviation 1 8.46 9.27 60.51 65.06 Bank 1 12.08 13.24 1 5.42 5.86 Building supply 1 9.21 10.09 Chemical 1 Credit Bank Debentures 8.62 18.67 1 Corp 1 17.27 stock Securities— Common (The) Stock Fund_lc 7.71 8.45 Corporate bond series 1 10.87 Automobile shares —lc 7.18 7.87 5.03 6.93 7.60 Diversified Industry l Diversified Investment Fund.l Diversified preferred stock—L 4.59 lc 12.35 13.13 11.11 12.18 Electrical l 11.90 I Rate Dated 1.30% 3- Due Rate Bid 1-50 bl.70 Dated Due Ask 7- 3-50 4- 2-51 bl.75 1.55% 1.40% 1.45% Bid 1.40% Ask 12- 1-60 8- 1-50 5- 1-50 bl.75 1.60% 13.04 Group Aviation shares Building shares lo 7.68 8.42 Chemical shares lc 7.50 8.22 Equipment shares_lc 11.30 12.30 Electrical equipment Insurance stock 13.92 15.25 11.53 13.39 5.20 5.71 Machinery I 10.47 8.33 Merchandising i 12.18 7- 3-50 12- 1-50 bl.70 1.45% 1.30% 4- 3-50 1- 2-51 bl.70 1.45% 1.35% 5- 1-50 2- 1-51 bl.70 1.50% 6- 1.35% 1-50 1-51 3- bl.75 1.40% 1-50 6- 1-51 bl.75 1.60% 10- 2-50 7- 2-51 bl.75 1.60% 1.70% 1.55% 9- 1.65% 11- 1-50 8- 1-51 bl.80 1.65% 11.47 7.60 1.35% 14.67 lc Fully administered shares—lo 13.35 Food shares lc 8.38 9.18 Metals l 10.87 11.91 lc 7.67 8.41 Oils 1 20.60 22.58 Institutional bond shares lc Investing Company shares__lc 9.54 10.01 Pacific Coast Invest Fund 1 12.17 13.34 8.95 9.81 lc 6.41 7.03 Railroad lc 8.70 9.53 Railroad General bond shares Industrial Machinery shares » Ask 99 100 2%* 1, 1981 "O" IV4S July 1, 1951 "D" l%s Aug 1, 1951 l%s Oct. 1,1981 Series 7.03 1 1 Stock Industrial Stock Selected 7.06 1 Inc General Investors Trust u Bid 1952-1950 Issuet Central Bank for Cooperative*— l%s Feb. 1, 1953 Panama Canal 3s 1961 15.89 10.57 Automobile Gas point a Bonds— 6.96 series stock stock 99.30 of Bank l%fl May l, Dollar Series New Custodian Funds Inc— Other 16.85 ) Speculative 6.09 1951 15.77 15.25 1 Priced Bond Series Preferred Income Mutual Trust 99.30 Land 15.96 14.51 1 series 21.40 33% 99.28 Securities— 1.80 30.85 First 14.76 1 1 1.64 20.02 Common Ine.l Inc Investors Corp 28.86 Preferred Fund Boston National Security Series— 32 1951 32iuTs more 8.54 National 10 or Federal 99.30 33.88 17.01 1 Franklin 7.79 25% Corp one Ask 99.28 5.60 31.34 Fund 1 V. 2nd of Nation-Wlde Howard— Boston 5.33 5.08 10c 15.47 Fund First 5.38 4.88 interest__l Mutual Invest Fund Inc Stock Fund 4.88 lc beneficial ; Balanced Fund Equity lc Fund Inc Bid 1981 Irv-'«tors Trust— Ctfs 6.80 4.29 18. 1%B Jan. 4.20 3.89 Feb. 3.94 3.81 lc shares shares Manhattan Bond Mass 3.57 lc lc Metals 25c Shares Financial shares Furnishings shares 23 % Fund <fe 4.10 1 Delaware Eaton 3.72 Paper 19.94 Street Invest Corp l%s General 3% 10c value asset 4.31 23.63 Bowling Green Fund Inc— Broad 3.91 Home 21.88 21.86 lc Non-Ferrous 6% 1 Figures after decimal represent Ask Equipment shares-lc Electrical Eqlupment shares-lc 11.14 • America Bid Federal Home Loan Banks— shares Business 10.15 5% Far Funds— Automobile 17.66 1 Corp Inc Managed 4.18 9.39 Obligations Of Government Agencies Mutual Funds— 45% 16.25 1 of Fund 3.86 1 Corp Inv 44 % 5 Fund Inc Fund B Blair Holdings Boston 6.62 Mutual Fund Inc American Axe-Houghton Ask 1 Business Shares Axe-Houghton Bid 1% Inc Holding Corp American Bond Par Low Priced shares Merchandising shares Public Utility 1 7.93 6.45 7.07 1 7.50 8.22 Steel I 10.81 11.85 Tobacco I United Slates lc 5.86 6.43 lc 9.77 10.70 Railroad Bond Shares lc 2.68 lc 4.44 4.88 lc 5.44 5.97 lc 6.87 7.53 Petroleum lc 4.39 4.82 Putnam lc 5.77 6.33 Republic equipment Bid shares Equipment shares stock Railroad Steel shares shares shares Tobacco Utility shares Fund Plan Howe Inc 1 4.91 1.90 2.06 5 27.22 29.43 Ltd— shares Bank Group shares Insurance Group shares 10.09 11.06 79c 88c lc —lc .lc lc 1.22 1.24 14.05 15.39 1 10.80 11.74 Boston—1 9.13 9.98 Management Fund—1 16.30 16.66 Group Aviation Bond Group Stock and Trust Investment Investors America of Co Investment of SI.50 10c preferred 11.14 Trading (Geo) Fund Investors 17 25 1 16.94 2.84 B-3 bl.34 1.28% 1.18% Jan. 11, 1951 bl.34 1.28% bl.34 1.18% Jan. bl.34 1.28% bl.34 1.20% Jan. 25, bl.34 1.28% bl.34 1.24% Feb. 1, bl.35 1.30% bl.34 1.24% 1950 1950 1950 14, 1950 Dec. 21, 1950—— tii- ■ 1 •. Fund Inc (net Amer asset value).* Shares 54.92 12.39 24.48 Sovereign Investors State 7.56 Corp.* 58.00 60.50 1 Investment Fund 6.90 8.93 9.73 1 Street Technical 1 12.18 13.28 Inc Banks & Trust Fund Inc Texas Fund Inc Trusteed 1 Industry Shares 25c 11.67 12.62 79c 88c Bond 1 19.06 Union Preferred stock Fund 1 21.61 United Income Fund Shares 1 10.85 11.79 18.50 20.19 United Science Fund 4.83 5.28 1 10.99 12.00 Value 5.60 6.12 Wall Fund series B Line Fund Inc 1 Bid Par Ask Bank of the of New Fifth ft Co—10 Manhattan 27% 29 Central York 335 320 10 45% Central Hanover Bank ft Trust 20 97% Chase 18 Bank 17.16 l 11.68 11.92 Appreciation 25.80 28.14 Wellington Fund 1 18.78 20.49 32.85 Whitehall Fund Inc 1 17.92 19.27 15.58 17.00 Wisconsin 1 3.85 4.17 14.66 16.00 1 Trust Fund 25c Sayles Mutual Fund— • Lexington Loomis (Net Asset Value) Sayles Second Loomis 5.82 6.35 5.46 5.99 2.41 2.63 .33.69 33.69 48.36 48.36 (Net Asset Value) Series North E 2.80 Amer Series 10 Shares— 9.45 2.35 2.65 43% 1 1956 1 61 5% 5% Exchange Bank ft Trust-20 71% 73% Bank ft County Trust Co (White Plains, N Y) Empire Trust 4.42 First 2.49 18 60 Franklin 117 23% 1,300 10 100 Y N Square Trust 51 Insur Co of North America 10 61% Jersey 20 61% Maryland Aetna Casualty ft Surety- —10 Aetna Insurance .—10 59% Life .—10 59 .—28 71 74 Aetna Agricultural 107 111 Insurance of N Y $2.10 Casualty Prior Alliance American Automobile preferred Merchants National 6 24% Casualty—3 American of Newark 2ya American Re-Insurance 10 17 20% 18 % 21% 30% 25 10 60 % 60 V2 American Equitable Assur American Fidelity & Bankers ft Shippers 28 10 5 10 10 10 98V2 Title United 8 34 Fire 3'2 % National Union 63 New Amsterdam 63% New Hampshire Fire York North Sterling 25% 4 National 103 y2 19% 52% (Detroit)—10 New American Surety Automobile 5 Mfrs Casualty 18% 50% 33% Merchant 10 9 6 Casualty 33% 35% 2 Fire 37'% 3 9'A 42 Fire 5 19 y4 - ■ Camden Fire Connecticut General Life Casualty ft Forster Inc Continental Crum Employees Group Assoc Employers Reinsurance • 10 Federal 10 Fidelity ft Deposit of Md Fire A sen of Phila wireman's Fund of Frisco Firemen's of Newark <26 % 12.50 45% 3.33% 7% 63% Northern 21V2 23 >/4 Northeastern 66 68 »/a Pacific 35'A 38 y4 Pacific 8 17 Glens 40% Phoenix 10 78 81 56 73 % 59 Preferred 77% Providence-Washington 68 V2 Reinsurance 63 V2 Republic 101 Globe 2nd 8 Falls 20 29y2 Security 5 2'A Last 11% 12% 22% 15 94 V2 American ——— (N Y) 2 (Texas) 10 12% Surety Haven) 145 48% 50% First Exchange Nat Bank 20 35 20 43% 17 51 53 Manufacturers Bank ft Trust_20 24 26 Mercantile-Commerce B ft T_100 102 97 8% 12 57 171 Bank National National Bank 9% 648 618 Mercantile-Commerce 1 _100 12% 25 63% .. .__25 100 City Natl Bank ft Trust. Bank —20 205 190 Trust—33% First National Harris Trust Northern 54 100 224 305 620 56 55% . 640 160 230 285 100 Savings 20 ..100 93 100 Bank ft Trust 89% «... 55% 55 i ft 36 Co San Francisco Bank of Amer N T & S A—6.25 27% 26% 8% 6iy2 2% 31 7"% 3% 33 8% 34 105 Recent 65 108 59 63 10 33% 10 44'A 46% 32% Bost$? Bid Edison Cleveland Elec Standard —8 31'A 32% have read Accident Travelers Pow Power Elec. 33% 35% 32% 101% 27/eS—1980 101% 102% Virginia Elec & Pow 2%s—1980 100% 100% 2%s Power 100% 101'A 1980 100'A 101 Gas 100% 1980 Calif 101% 1980 100'A Stocks— 101 1990 100% 101% Alabama 2%s__ 1985 100% 101% Florida Pow Co Pow Corp 4.60% pfd_100 4.60% pfd_100 , 103% 104% 101 101% 34% 463 U S Fidelity ft Guaranty Co_2 49 51 U S Fire 4 66 69 10 90 94 20% 22 % Hartford Fire 10 Hartford Steamboller 10 32 % 34% U. S. 8 35J/2 37% Westchester 137 Ask 100% Southern 2%s & Lt Co Bid Public Serv El ft Gas 2%s„1980 101% N J Bell Tel Co 2%s Potomac Bonds— 101% 101 Duquesne Light 2%s Illinois Ask 101 2%s__1985 Dallas Pow ft Light 2%s—1980 Delaware Security Issues 1980 Ilium 34% : 100 10 133 2%S 35 % 10 Bonds— Friday's quotation snould Springfield Fire ft Marine Fire Trust-17% 25 54 55 St. Louis 243 Amer 100 52 20 55% 53 % 237 Boatmen's 152 10 (New Hanover Home 12% United States Natl Bank Chicago a Odd lot sale Included Great First National Bank 43% Trust ft 39% 47% 21 'A 20% preferred Corp 5 10 St Paul Fire ft Marine 27% 49% 5 Republic 10 Accident 64V2 98 28 Indemnity Co Casualty Co 60 V2 & Rutgers Fire common_5 Globe ft 19% 1,625 , 95% Trust States 335 37% Portland 32 29'A 18% 38% Fire 10 10 5 20 28 60 % 10 10 Trust & 41% National Guarantee 315 315 93 Seaboard (General Reinsurance Corp Bank ft 100 21 2.80 River Peerless Boston Nat'l Bank 92% 45 10 69% Peoples First National 28 Trust National 61 66 Deposit Natl Bank—100 Mellon Natl Bank & Trust Continental Illinois 58 41 25 29 48 y2 39% .10 297 20 100 20 Trust City Bank York Public 31 26% 45 % Assurance National New Co ft Co Inc (J P) Morgan 52% 27 24% 4 ft 48 V2 128 24'A 10 Fire 124 Ask 1 Convertible preferred—5 Massachusetts Bonding 8 26% Bid 10 common $1.05 American. Trust Manufacturers Par Farmers 54 288 18 10 100 1,575 Trust County Detrolt. of Pittsburgh 35 Bank— National Bank 25 33 100 1,240 Bank National Kings Companies 70 41 10 Trust ft Trust Irving Ask 36% 67 Los Angeles 122 Industrial Bank of Commerce.lO Bid 362 35 10 Security-First National 39 10 Bank Federation Franklin Par 352 lfi 63% Trust—10 Guaranty Insurance 100 Co 32% Detroit National Co. Fiduciary Trust Shares— 1955 Series 8.26 1 Independence Trust Shares Fund— Trust Bank ft Trust Continental Corn Unit Type Trosts— Diversified Trustee Ask 31 37% 41 'A Commercial National Bank ft 30.11 357/a 10 20 National (Quality Fund 20 100% S-l Investment Go Trust Bank National City Bank Union Bank of Commerce 47% K-2 Investing Corp National Cleveland 100 Avenuo Bankers Trust Chemical Street Bid Par Cleveland New York Bank Union 28.80 Knickerbocker Companies Television-Electronics 27.21 1 pfd Stks)_i Stks)_l 8-2 (Income com Stocks) 1 S-3 (Appreciation com Stks)_J 8-4 (Low Priced com Stks)„l 1951 13.40 23.08 27.53 common 1951 1951 54.92 2% 18.72 K-l 18, — . . . 1950 Scudder, Stevens & Clark Selected 24.94 (Speculative Bonds) (Income pfd Stocks) B-4 1951 3.10 (Medium Grade Bds)—1 (Low Priced Bonds) 1 B-2 1.24% 4, : Fund 1 Keystone Custodian Funds— B1 (Investment Bonds) bl.34 Jan. Dec. 18.22 l 28, 1.16% 9, 16, Dec. 7, 25% 5 ft 241/4 Ask Dec. bl.34 bl.34 Nov. 30, 4% B Bid bl.34 1950 Nov. 24, 1950 Nov. 12.21 37/s Shareholders Trust of Boston__l Incorporated Investors Institutional Shares 4.54 10c Fund Income Foundation Pacific Amer Investors com Ask 1.12% Nov. 2.95 RR shares Mining Petroleum Treasury Bills 8.69 1 Guarantee Fire 1 478 " In change. n year's (not included in year's range), range), Admitted to liquidating dividend. issued, ♦No x (Un) Ex-divldend. par value, e Ex-Interest. trading y N. Y. Admitted Ex-rights, tin default. to z fFlat Curb, r Unlisted Ex-stock fThese bonds b Bid yield price, price, Cash k Admitted sales Tradijw; (not d Deferred delivery sales to listing included privileges, In on subject to Y. Stock range), wd When delivered, dividend. are N. year's all Federal taxes. (not Ex¬ t Ex- wi When 41 42 The Commercial and Financial Chronicle (1770) this clearings will show week with compared increase an Preliminary figures compiled by us based upon telegraphic advices from the Monday, November 6, 1950 Week Ended Oct. 28 | 1950 Third Federal Reserve Inc. or S Dec. '!o 1948 1947 $ £ District—Philadelphia— Pennsylvania—Altoona chief 1949 S ago. year a . . " " THE COURSE OF BANK CLEARINGS Bank . 1,473,992 999.294 +48.0 894,140 +50.6 1,119,963 793,553 2.0 1,203,334 1,125,295 +28.4 3,293,044 3.151.484 +23.5 938,000.000 1,001.575 18.8% be this center there is 2,848,783 1,072,000.000 868,000 000 3,009.766 2,401,735 +25.3 3,022,915 5.953,142 4,453.213 +33.7 4,734,730 2,607,658 2,211,545 +17.9 2,833,860 4,284,181 3.710,114 +18.2 3,877,487 10,479,622 8.308.509 +26.1 7,616,324 7,619.437 '7,699,761 6,108.109 +26.1 10,488,936 6,417,321 1,113,669.919 900,998,030 +23.6 977,084,733 926,077,522 Reading— Scranton At Our comparative ,fc _ Delaware—Wilmington New for the week follows: summary 3,656,395 Philadelphia Our preliminary gain for the week ended Friday of 15.6%. a 1,038,874 Wilkes-Barre obtain weekly clearings last year. week $16,966,434,572 against $14,282,127,562 for the same week in 1949. at total stands corresponding those of the above 917,849 1,018,059 York for all cities of the United States for which it is possible to 1,381,843 Lancaster will Bethlehem— Chester indicate that for the week ended Saturday, Nov. 4, clearings cities of the country, Jersey—Trenton CLEARINGS—RETURNS BY 4,746.431 2,329,687 4,130.431 % 1949 1950 $8,497,201,905 $7,350,748,820 699,391,075 +30.1 1.034,0.10,000 917,000.000 +18.2 537.191,367 522,950,974 + 12.3 290,456,854 Fourth +15.6 910,049.790 New York 2,762,253 TELEGRAPH • . 892,000,000 V . „ Total (11 cities) Week Ended Nov. 4—■ — 248,627.060 *,+ 16.8 Federal Reserve District—Cleveland— Ohio—Canton 7,908.699 - —— - Philadelphia Boston — Kansas City 1 : St. Louis -I - 332.500,000 San Francisco :— 267,400,000 333,951,000 352.061.611 267,337,035 284,090,690 244,324,495 234,697,847 + $11,126,194,501 2,537,082.960 170,851,885 354,144.221 301,285,934 26,220,400 30,418,400 +13.1 28,914,700 5,734,689 4,256.684 +34.7 4,543,547 7,064,407 5,716,281 +23.6 5,675,447 5,057,703 250,466.487 +47.1 309,585,893 272,633,487 ' five days . J ( , Total (7 cities) $16,249,148,344 $13,663,277,461 West 618,849.901 Federal Reserve $16,966,434,572 $14,282,127,562 issue of next week. We furnish cannot them 2,826,569 District of the Saturday figures are In the detailed elaborate statement, however, which we able are to Sixth For that week there ending Oct. 28. was 876,929 in the week in 1949. same Outside of this city there this center having recorded a week was a gain of 19.8%. the New York District (including this city) 2,597.126 2,801,733 3,303,541 +24.8 3,294,083 3,034,484 215 312,729 +14.8 286,444,107 202,500,223 69.703,748 +23.3 66,912,569 59,685,120 442,009 962 +21.1 513,422,862 408,339,567 Federal Reserve District—Atlanta— 21,114,384 the week — 15,457,682 13,466,225 +20.2 70,196,649 67,080,817 +13.3 246,700,000 214,600,000 3,924,660 4,524,501 3,125.404 ^37.4 + 18.7 3,770,823 3,383,032 93,966.232 74,046,305 +33.7 77,106,684 71,159,566 131,556,863 92.236,803 +42.6 104,821,391 92,874.055 5,764,365 +21.3 Mobile— 6,993,422 4.067,670 6,039,694 6,622,266 509,493 413,713 +23.2 485,543 516,036 155,833,780 135,396,020 +15.1 127,650,319 102,819,102 790,623,946 635,723,770 +24.4 657,335,858 576,011,197 Mississippi—Vicksburg Louisiana—New Orleans gain of 22.8%, the +50.6 69,197,802 237,600.000 5,392,842 3,709,112 Alabama—Birmingham. aggregate of the 14.018,698 83,147,813 283,400,000 Macon Total (10 cities) We group the cities according to the Federal Reserve Districts in which they are located and from this it appears that in 128,484,997 Augusta. clearings for the whole country having amounted to $16,274,213,148 against $13,409,- bank clearings at 11,833,000 142,453,977 535,409,446 Nashville present further below increase of 21.4%, an 11,716,000 +29.9 4,123,893 Georgia—Atlanta has to be estimated. give final and complete results of the previous +12.9 85,910,925 Florida—Jacksonville we + 43.5 the week as not available at time of going to press. cases 1,970,275 10,157.000 141.562.669 247,217,718 • Columbia—Washington.. Tennessee—Knoxville ends Saturday and 786,434,212 + 18.8 today, inasmuch Accordingly, in the above, the last day of the week in all 892,737,594 11,468,000 Total (6 cities).... our +28.6 183.P62.34l Maryland—Baltimore Complete and exact details for the week covered by the foregoing will appear -in _______ District—Richmond— Virginia—Huntington South Carolina—Charleston + 15.9 All cities, one day Total all cities for week.-.-. _ 729,656,980 938,441,364 Virginia—Norfolk . + 18.9 717,286,228 days • . 4.231,412 4.1 Richmond... Total all cities, live ' 368,514,388 t Fifth Other cities, 6,153,391 34,409,200 Pennsylvania—Pittsburgh +25.8 —- Ten cities five days.—, 6,765.196 Youngstown +17.4 3,191,282.140 183,108,590 +44.8 +28.5 * Baltimore +38.2 275,148.639 Mansfield.. +31.7 364.931.182 - Cleveland 156.592,085 398,332,653 Columbus + 13.3 $13,057,866,204 Pittsburgh +12.0 216,477,328 Cleveland—; +24-3 395,149,000 ----- 7.058.404 Cincinnati Chicago the totals record an Seventh Federal Reserve District—Chicago— Michigan—Ann Arbor 1,235,730 Indiana—Fort Wayne 6.6 1,183,699 8,648 285 +27.3 9,233,508 9.434,713 5,406,479 Lansing 1.159,140 11,009,282 Grand Rapids. improvement of 19.8%, in the Boston Reserve District of 20.7% and in the Philadel¬ 4,625.180 + 16.9 4,584,830 6,112,760 + 1,597,335 larger 28.6%, by In the of 23.6%. Cleveland Reserve in the Richmond Reserve District by 4,727,876 +30.6 6,361,282 5,487.221 52,436.000 + 18.4 56,333,000 50,942.000 8,251,414 +23.7 6,996,563 5,916,263 3,286,849 6,669.073 2,377,974 +38.2 3,013,736 74,922,260 57,872,015 +29.5 60,667,578 49,310,510 4,995,026 3,206,053 +52.9 3,379.766 3,808.479 Des Moines 31,806,347 31,881,123 0.2 27,850,436 25,436,632 Sioux City 16,149.162 14,009,336 + 15.3 14,028.325 1,525,558 1,216,242 +25.4 1,300.204 1,057.813 832,101.878 673,892,635 +23.5 760,046 810 752,022,532 5,949,113 3,723.040 +59.8 3,920,209 6,669.410 11,965,741 10.450,994 10,749,377 Indianapolis.. South Bend the Atlanta in and C, 172,377 Chicago District the totals are 21.1% 62,067,000 Decatur District phia Reserve ...^ TerreHoute. Reserve District by 24.4%. The Chicago Reserve District has to its credit a gain of 22.9%, the St. Louis Reserve District of 20.9% and the Minneapolis Reserve District of 26.4%. In the Kansas City Reserve District the increase is 23.4%, Reserve District 22.3% In the following and in the San Francisco Reserve District we furnish a Wisconsin—Milwaukee in the Dallas Illinois—Bloomington 17.9%. by Federal Reserve Districts: summary ... Iowa—Cedar Rapids Peoria + 14.5 11,593,537 5.791,284 3,865.559 +49.8 4.725,451 4,805,534 3.190,877 +27.4 3,734,862 3,701,653 1,036,701,302 884,012,102 +22.9 978,958,851 950,573,857 +22.3 288,800.000 279,400,000 . SpringfieldSUMMARY Federal 1st Boston 2nd Jrd 12 cities Richmond Eighth 565,483.595 + 20.7 609,711,590 + 19.6 8,198,907,359 7,629,995,346 " 1,113,669,919 900,998,030 + 23.6 977.084,733 926,077,522 " 938,441,364 729,656,980 + 28.6 892,737,594 786,434,212 + 21.1 513,422,862 6 " 535,409,446 442,009,962 " 790,623,946 635,723,770 + 24.4 657,335,858 " 1,086,701,302 884,012,102 + 22.9 978,958,851 10th Kansas " 628,916,442 520,028 222 + 20.9 543,462,216 7 " 472,003,118 373,530,892 + 26.4 438,542,524 11th 12th San " 568,412,961 460,551,895 + 23.4 523,101,885 » 373,245,745 305,127,802 + 22.3 306,525,006 Francisco " 881,765,724 747.476 853 + 17.9 797,087,258 New York + 18.8 125,565,093 113,256.456 + 19.0 127,160.466 144,067,239 2,275,556 1,703,606 +33.3 1,936.657 2,447.323 628,916,442 520,028,222 +20.9 543,462,216 539,171,024 280.864,915 722,399,416 112 — 124,929,868 123,591.748 481,166,869 .10 _ 148,427,043 153,013,843 416,451,970 . Dallas City 325,200,000 Kentucky—Louisville Tennessee—Memphis Illinois—Quincy 539,171,024 .10 . cities City__. Total (4 cities) 576,011,197 Ninth add now our 8,359,083,786 13,409,876,929 6,804,521,573 + 21.4 + 22.8 15,436,877,736 7,486,727,347 14,263,310,945 District—Minneapolis— 6,788,436 5,641.687 +20.3 7,837,719 6,959.093 322,078,376 246.832.706 +30.5 293,389,270 297,261,314 St. Paul 111,443,900 94,353,241 + 18.1 102,988,421 86,763.834 Dakota—Fargo 9.088,474 7,710.604 + 17.9 8,909,505 7,532.936 South Dakota—Aberdeen 4,367,401 3,532,932 +23.6 3,404.591 3,558.087 Montana—Billings— 5,478,733 4,513,676 +21.4 5,174,041 4,426,512 12,757.798 10.946,046 r6.5 11,338.977 9,950,194 472,003,118 373,530,892 +26.4 438,542,524 416,451,970 Helena detailed statement showing the figures for each city for the Tenth First at— Federal $ Portland _ _ . _ +29.2 365.761 +52.1 512,416 486.180 7,371,139 6,109,427 +20.7 6,099,582 6,423,762 Omaha 1,669,249 159,871,711 124.257,908 +28.7 131,405,017 121,823,963 695,036 3,606,445 4,218,487 522,416,263 463,599,848 1,003,646 1.818,240 10,118,668 9.4 2,075,632 + 47.3 1,225,098 1,225,355 2,088,475 7,647,790 7,726,402 5,251,683 _ + Eleventh Federal 5,595,145 317,523,905 10,858,628 +-1G.3 11,988,430 11,418,406 1,990.614 1,927,569 +27.8 2,290,095 1,311,334 +33.5 2,323,484 1,553,673 508,412,961 460,551,895 +23.4 523,101,885 481,166,869 8,025.292 21,992,382 + 43.2 10,757,548 10,082,172 Fort Worth— 25,735,800 + 15.2 24,451,300 24,437,500 1,126,730 + 14.5 1,876,212 1,376,019 District—Dallas— Dallas 10,176,132 Reserve 5,373,567 26,491,379 Texas—Austin - 7.737,742 + 20.7 609,711,590 545,825,050 14,865,909 22,587,532 —34.2 10.954,488 + 31.0 2,738,169 2,424,219 5,927,545 6.158,348 +21.1 254,118,983 230,375,000 24.541.361 +-32.3 28,492.430 28,978,825 7,577,000 5.442,700 5,268,000 5.097,000 4,418,921 +35.0 3,794.437 2,787,111 9.503.727 +11.3 8,293,611 6,968,631 373,245,748 Total (6 cities) +39.2 5,964,401 10.577,030 Louisiana—Shreveport 11,874.939 2,600,834 +25.4 255.051,253 32,468.976 Galveston 6,169.840 308,920,599 Wichita Falls 565,433,595 1,773,611 81,332 869 + 27.8 1,309,458 + 35.5 2,084,809 1,749,328 + 19.2 6,605,355,356 +19.8 21,644,548 Twelfth 17,632,417 + 22.8 83,945,278 1,521.521 74,366,545 305,127,802 +-22.3 306,525,006 280,864,915 +42.2 125,902.374 1,637,476 California—Long Beach— 7,403,973,193 11,964,687 + 29.0 12,030,389 10,372,246 13,982,392 + 7.3 12,895,766 731.563 — Total (12 cities) 796,278 658,594 47.413,731 Newark. 40,203,353 + 17.9 52,953.989 45 627.037 + 34.5 51,661.864 47,242,736 8,202,306.119 C,845,276,826 19.6 8,198,907,359 7,629,995,346 +20.6 59,895,059 50,646,999 12,506.323 +25.3 9,122,213 +18.4 6,955,132 6,899,882 393,611,433 + 12.1 407,974,660 386,516,474 10,131,614 +38.5 11,859,050 10,376,527 -4,300,000 3,543,890 +-21.3 3,543,363 3,891,979 11,172,800 San Jose . — 8,243.309 +35.5 8,623,371 9,161,633 - 9,264,790 8,540.860 48,370,945 61.619,312 55,199,997 14,103,700 — Santa Barbara—! Stockton 134,359.093 10,796,949 San Francisco 11,088,240 a _ 3,587,757 158,865.426 + 441,438,649 15,672,911 Pasadena 16,785,822 4,204,033 9.3 *3,240,796 136.411 492 66,578,933 1,781,651 108,418,207 +38.1 4.474,440 7,950,150,389 17,477,577 115.415.736 164.174,754 149,052.523 Utah—Salt Lake City 15,434,428 __ District—San Francisco— Oregon—Portland 1,200,391 15.007,689 _ Federal Reserve Washington—Seattle Yakima 7,915,129,362 New York Rochester. Northern New Jersey 349,466,195 District—New York— ... Jamestown. Jersey—Montclair. +21.5 2,543,544 Total (10 cities) 6.7 103,926,114 Connecticut—Stamford 12.230,492 296,919,235 2.573,039 + 44.4 3,406,606 Reserve 11,532,233 2,245,136 8.9 6,957,368 +26.6 12.625,404 Colorado—Colorado Springs 1,878,933 + 23.9 — 23,029,256 682,717,059 Elmira __ + + 14.6 9,946,661 360,835,748 Missouri—Kansas City St. Joseph 1,289,879 cities) Federal 2,302,548 7,637,973 8.750,158 Pueblo 2,519,135 364.852 527,065 12,589,959 29,643,000 Buffalo ' 1,480,303 + 21.7 14.575,340 Blnghamton New 4.0 + 14.3 7,582.873 _ — York—Albany.. Syracuse + 24,566,443 _ Hampshire—Manchester. Second 538,119 556.223 Lincoln $ 3,669,126 2,253,592 . Rhode Island—Providence New .$ 479,821,438 9,222,067 _ Connecticut—Hartford Total (12 1,430,278 1,478,830 __ City- Hastings-— 1947 4,194,645 _ 1 _ Springfield New 1948 583,904,182 . New Bedford. New Haven. Dec. % District—Kansas Wichita .... Worcester. or Reserve Kansas—Topeka 1,487,065 Massachusetts—Boston. Lowell... $ Inc. District—Boston— Reserve Maine—Bangor Fall River._ 1949 Federal Nebraska—Fremont-., Week Ended Oct. 28 1950 + 6,859,337,752 week ended Oct. 28 for four years: Clearings 265,800.000 MinneapolisNorth 16,274,213,143 Federal Reserve Minnesota—Duluth Total (7 Cities) We Louis— Missouri—St. Louis 950,573,857 4 . Minneapolis District—St. 408,339,567 7 .17 _ Federal Reserve 545,825,050 6,845,276.826 . Louis cities) $ 6 St. Outside $ 682,717,059 . Chicago 8th - Dec. % 1947 10 7th Total $ 1948 8,202,306,119 6th Atlanta 8th Inc; or .11 Cleveland 6th Total (17 1949 " _ Philadelphia 4th CLEARINGS .12 _ . York New BANK $ Districts Reserve OF 1950 13,452,615 4,065,702 Rockford Week Ended Oct. 28— — X + Total (10 cities) a Now included • 881,765,724 in +17.9 797,087,258 13 409,876,929 +21.4 15.436,877,736 14,263,310,945 8.359,083,786 Newark, N. J. 747.476.853 16.274.213,148 Grand Total (112 cities) Outside New York 6.804,521,573 +22.8 7,486,727.347 6,859,337,752 JNot available. "Estimated. 722,399,416 Volume 172 Number 4957 The Commercial and Financial Chronicle (1771) PARTIAL Foreign Exchange Rales Company and Issue— Associated Beneficial Corp., Bethelehem Consol. Black EXCHANGE CERTIFIED BY FEDERAL OCTOBER RATES 27, 1950 RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 2, INCLUSIVE 1950, Chesapeake Ref. City Noon Value in United States Products Eastern Money (S. Oct. 28 Oct. 27 peso— $ Oct. 30 $ Preferential .0197375 .0197375 .0544060 .952500 .954G09 .208500 .208500 .0200600 .0200600 .144938* .144938* .144938* .144938* .00285625 .00285625 .00285625 .00285625 .238379* .238379* .238379* .238379* .238379* 208700 .208700 .208700 .115707 .115707 .115707 .262542 .262342 .262342 .262333 2.772896 2.772896 United Kingdom, Uruguay, peso Uruguay, peso Uruguay, peso pound sterling .140154* .496250 .496250 .496250 .0349000 .0349000 .328500 .328500 .328500 .328500 .193333* .193333 * .193333* .193333* .229550 .229416 .229400 .229450 2.783750 2.783750 2.783750 2.783750 2.800742 2.800742 2.800742 1st of due 1 * 1433 1970_Dec fund due debs., 19C0 Glass- Sand Corp.— 3 \k 7o sinking fund bonds, due 1960 Dec 2.800742 Tennessee .658327*t .658327"t ,658327*t .561797*t .501797*t .561797*t .425531*t .425531 1st .561797*1" ,425531*t •425531*t Reserve Ranks Combined dollars) Increase (+) or decrease (—) since Oct. 25, 1950 Nov. 2, 1950 1949 .658327*1 Gas Co.— Transmission Gas ser., 1 • 1 1349 Dec 1 1673 * 1238 Page due 1969 series, Terminal of RR. New bds., ser. A, due 1974 Terminal Co., 1st mtge. 3% bonds, due 1978 Milk Products Co., preferred stock 3%% —Dec 1 Dec 1 Nov 39 Date 3 % Pacific Pacific-Missouri Orlenas due 1968-Dec Dec 3% Co.— mortgage pipline bonds, Texas Redemption fund for F. — 43,004 Holdings of mtge. CALLED ISSUE Demand 1,257,004 —- R. New York notes 534,417 1,250 + 15,151 — 22,044,844 Other cash and loans advances U. S. Govt, 1,272,155 41,754 233,735 Discounts Industrial : 4.915 — 110,884 + 60,642 2,221 " + 55 499,893 — 1,308 + securities: Bills 782,664 Certificates 2,000 + 14,237,818 Bonds 3,119,532 32,945 71,950 Notes — 47,700 4,198,075 + 140,100 19,290,507 + 61,455 + 122,152 19,403,612 13,939,718 — 3,338,125 + and total of a 1,258,526 Demand deposits decreased in all stock Nov 15 Hussmann Refrigerator Co., $2.25 cumulative pfd. stk._Nov 15 Hytron Radio & Electronics Corp., 6 7c conv. pfd. stock_-Nov 22 1533 1438 1533 member Wheeler Hershey 4 >/2% B Dec 1960 due stock preferred prior Corp., Chocolate Series Corp.— cumulative * preferred Johnson & Johnson— _ Cumulative pfd. stock, 2d 4%, $100 par value—Nov 15 A ser in Oklahoma 1st Gas 27/s % Speed Queen Corp.— $1.20 cumul. convertible Western decreased Union class Nov 17 stock—Nov 20 1630 Nov 15 1961 due series, Railway & Light Securities Co., 47c conv. pfd. Republic Investors Fund, Inc.— 6% preferred stock, series A and B districts Nov Co.— bonds, Natural mortgage stock 1533 1533 1032 1 9 Dec Corp., 5% preferred stock— Massey-Harris Co., Ltd.» 6V4 7c preference King-Seeley 1440" common Dec stock 1 Dec A 1 Telegraph Co.— 1951 gold bonds, due 1350 •Announcement In this issue. of the assets and liabilities of reporting banks follows: debentures, conv. 25-year 57c summary • , * in all districts. A • 1531 Foster $139,000,000 at all reporting member banks. deposits credited to domestic banks 1530 Co.— Nov 15 Dec 5 ——Jan 1 4% Foundry & Machine Co.— 5% convertible preferred stock— Cosden Petroleum Corp., 57c conv. preferred stock $83,000,000 in the San Francisco District. United Government States 1,757,111 + Atlanta District and $46,000,000 each Fibre 1 15-year Continental Philadelphia and Cleveland districts; and they de¬ creased 5,724.950 — + the 37,393 — v 1620 1 Dec 11 preference stock without par value Continental-Diamond deposits adjusted increased $207,000,000 in City, $187,000,000 in the Chicago District, $51,- 000,000 in the Canners, Convertible York 5% cumulative bonds, series A—Dec Ltd.— Co., gen. mtge. Canadian Treasury bills increased $156,000,000 in Ctiy and $25,000,000 in the Boston District, .and decreased $50,000,000 in the San Francisco District and $27,000,000 in the Kansas City District; there was a net increase of $114,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness and of Treasury notes increased $11,000,000 and $21,000,000, respectively. "Other securities" decreased $76,New 000,000. Assets- 21,510,427 1630 • merchandise. Statement of Condition of the 12 Federal Nov. 1, • Nov 27 debentures, due 1989 50-year 5% Brown of 1 & Bros., Inc.— ENTIRE thousands 1 Dec Company and Issue— ((In • 5 —Nov 14 debs., 3 % Co.— pipeline sink. fd. bonds, mtge. United type stock—Dec preference B Corp., Fibre sink, Spalding (A. G.) 425531s* t upon 4'A% Southern Natural G58327*t depends series Products bonds, due 1966 Poli-New England Theatres, Inc.— 1st mortgage bonds, due 1958 .0349000 561797*1 tApplication preferred stock cumul. mortgage 3%% Union •Nominal. 1965 Co.— Co., Vulcanized 1st .496250 .0349000 t Chemical Dairy National .140154* 2 800742 due debentures, 3%% 1st mortgage .140154* Closed $4.25 Co., Terminal Pennsylvania .140154* 2 .783750 ; * 1634 * * * A.) series, due 3%% bonds, fund Piedmont & Northern Ry.— 328500 Africa, pound 1 (M. National .115707 193333* South Corp.— Co.— sinking mortgage Monsanto 2.772896 ,229575 stock 1 .208700 .0349000 dollar preferred cumul. par _.Dec .262333 2.772896 .208700 Power mortgage 3% 15-year ,496250 franc • 1435 1633 sink, fund series, due 1961_Dec preferred bonds, series A, due 1977 Kansas Power & Light Co.— 1st mortgage bonds, 2%% series, due 1979 Mead Corp., 1st mtge 3% bonds, due 1966 .208500 .0200600 .00285625 krona 1 Nov 15 Nov 30 Corp.— $100 Nov 20 Dec 1 Merchants' National Properties. Inc., debs., due 1958-Dec 1 Midi RR. Co., 4 % bonds, foreign series, due 1960 Dec 1 .955000 .208500 140154* 1633 * 1130 • 1st .0544060 .0200600 Closed * 1973_Dec 1 1966_Dec 1 bonds—Nov 15 1633 752 Hanna .0197375 .0544060 .144938* peso Settlements, Union of .951875 2 772896 Power Paper Jacksonville .0199000 115707 Philippine Islands, Portugal, escudo Switzerland, .0544060 .0727333* 2.231573 .0199041 .0200600 peso Sweden, .0727000* 2.231573 .0199071 .208500 Netherlands, guilder New Zealand, pound Norway, krone Straits .0726666* 2.231573 .0197343 1 1 20-year .0199089 1 ___ 1 .133333* 2.231573 • Dec 3 lA 7c, due 1977_Dec p Dec Dec .133333* 951250 ; France (Metropolitan), franc Germany, deutsche mark India, Dominion of, rupee Mexico, Closed stock. bonds, series 1963-Dec .133333* 0544060 Czechoslovakia, koruna Denmark, krone ref. Hammermill .0197375 Canada, dollar Ceylon, rupee and 1434 bds., series H, due 23,4%. sink, fund debs., due Co., Mountain 1st .200000* 0199125 Notes Green $ .200000* .0729666* 2 231573 cruzeiro Nov. 2 $ .200000* .133333* 0728000* Bank Nov. 1 s Gerrard .200000* 133333* Australia, pound Belgium, franc Oct. 31 $ .200000* Brazil, preferred Cos., Ltd., 4%%, A.) • 1976_Nov 15 due J, Co.— Corp., York New 1530 Light Co.— 1st mortgage bonds, 3JA% Fraser Basic bonds, ser. & Ohio Ry Co.— impvt. mtge. 3% % and Page 15 _Nov 30 Consolidated Paper Corp., Ltd. 1st mtge. 3 Vz% Buying Rate for Cable Transfers In New York Country and Monetary Unite Argentina, & Power 1st and general mtge. NOVEMBER TO Nov stock 30-year 2%% cumulative Maine Date • Co.— Corp.— Hills Power Central 1930 preferred Steel mtge. 5.40 % FOREIGN - Telephone & Telegraph 3% % debentures •15-year record for the week just passed: a REDEMPTION ' Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below 43 : " Due F. from R. of Uncollected Bank banks foreign Notes other 24 banks items — 36,824 assets Total — 3,131,344 premises Other i.' 138,855 — —— — Inc. ( + ) 11 14,606 + 60,933 + 562,713 + 3,852 60 — 99,471 + 8,689 45,088,709 + 3,573 — Oct. 25, + 29,286 513,902 Assets— (In 23,068,657 + 16,674.264 + 78,117 155,570 Loans Deposits: Member U. S. bank—i Treasurer- -gen. 451.574 acct._ + 1,009,667 Other — 324,809 + 25,581 31,241 62.058 29,465 + — + — availability Other liab., items + 2,674,869 incl. accrued divs. — industrial, brokers 8,708 U. 377,053 2,135 —- — Real S. + 54,175 + Other 339 + 478,443 paid Surplus and Surplus Other 221,471 (Section capital 7) • + 488,173 13b) 4* 27,543 accounts. 138,954 45,941 — 186 + 8,573 + for 175 .+ obligations 461 loans . S. + — 5,119 + 246 + 5,709 securities—Total + + 230 .2 9 + 123 to 17 + 866 this 24 27 114 + 1,040 + 11 + 21 22,366 bonds Other securities + 3 6,363 with Federal Reserve Banks 12,379 Cash In vault 844 with domestic banks 2,315 513,902 — — + — 76 + + — — — + — of serves, note gold certificate National 3,949 53.1% — 0.2% — S. demand Domestic 1 24,099 + adjusted Government Interbank 927 + 19,960 49 + 1,206 ^Commitments to make indus¬ trial deposits 49,891 deposits 1,836 339 53 132 3,041 — 552 22 139 + + — 2,550 meeting the following principal changes for the ties; decreases of $376,000,000 in Federal Reserve Banks reserve and U. S. and $592,000,000 in demand de¬ posits credited to domestic banks; and an increase of $552,000,000 in demand deposits adjusted. 11- 1 10-23 80c 12- 1 11-1© 12-15 11-22 December old Natomas New Britain Govt, Co. + 328 $3 23 + 102 New Jersey + 24 + 61 New York Participating $3 1- 2 11-30 12- 1 declarations the on 11-15 +$1.25 20c 12- 1 11-10 the shares Founders time. & Power, 57o pref. 1— Redemption Galls and Sinking Fund Southern Normetal Ry. Mining 11- 3 11-15 11- 3 75c tlOc 115c (quar.) 11-15 $1.25 Co. Manufacturing Year-end Norfolk 12-15 12- 1 12-27 11-30 12-27 11-30 11-21 11-10 (quar.) Ltd. (interim) Co. Corp., Special Notices Below will be found Northern list of corporate bonds, notes, preferred and common stocks called for redemption, including those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." cisco Maryland a .. NOTICE OF TENDER Sugar Casualty Co., preferred $2.10 cum. stock prior pfd. Pag* Nov 14 stock„_Nov 30 1633 • Light & 50c 40c Co Co. (extra) Power, Ltd., 47o 4y2% Oak Ohio (quar.) Manufacturing Co. (quar.) Telephone, $2.20 preferred (quar.) Ohio 'f ■ Co. (quar.) Otter Tail Co., Power 4'/2 7o (Minn.), preferred preferred Fire Palestine preferred (quar.) Co. Corp. (quar.) (quar.)——-— Paikersburg Rig & Reel, $4.25 pfd. 4 12- iquar.)_ 1 11- 4 12- 1 12t, 1 55c ?5c 11-15 12- 90c * $1.10" $1.50 25c $1.0614 , 11-10 9 12- $I,12'/ar., (quar.)*" 37v2c (quar.) Insurance Economic (quar.)__ common 11- 12-23 U-a Power Pacific > , Exira Ohio 11-11 1 :■». Oil 1 12- 1S1 $$1.13 35c preferred Associated 12- pfd. (quar.) $4.40 Date Associates, Gas Leather Scotia $3.60 Company and Issue— Oklahoma Northwestern Nova 11-30 Corp.— this at Light 10-20 12-15 10c — —— and omitted were 9 11-15 11-10 50c Mills Shipbuilding 11- 10c 40c — common— Worsted The usual semi-annual accounts, a 40c (quar.) Light (quar.) Gas Lime, preferred 592 on stock, par two-for-one. —-— England except $5 par Company Nestle-Lemur vote to 18 new $10 1 67c Corp., (quar.) Eastern 11-20 15c Inc iquar.) Shipbuilding & issue Newmarket Commercial, industrial, and agricultural loans in¬ creased $175,000,000 at all reporting member banks; the principal increases were $40,000,000 in Chicago, $32,000,000 in New York City, $26,000,000 in the St. Louis Dis¬ trict, and $22,000,000 each in the Dallas and San Fran¬ Districts. 11-20 12-11 to 124 25,154 week balances with 12-11 the 194 deposit accounts, Oct. 25: Increases of $316,000,000 in loans and $149,- 000,000 in holdings of United States Government securi¬ 70C for 754 Condition Statement of Member Ranks shows 11-10 — (quar.) National Tea Co. (increased quar.)_ Directors called a special stockholders' Newfoundland ended 11-20 Steel + 9,319 during week The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities 40c (quar.) pfd. preferred 1,415 Debits to demand Interbank + — — deposits: banks Foreign banks Borrowings loans 11-30 Racing Association, New 15,403 U. Contingent liability on accept¬ ances purchased for foreign correspondents 11- 12-15 splitting 3.2% 11-2T 11-10 $2.50 5Vi7c Dairy Products Corp. National 1,350 + 1 12- 17 '/2c P.) 6,622 + 11-12 34%c & (J. Narragansett 6,351 + 11-22 1 Erie RR. (s-a)_ & Co., Inc Society, Loan Monroe 431 5 11-23 12-12 12- $1 55c — legal steps can be taken spilt before the end of proposal Demand to deposit and F. R. (quar.) suggest the company split the stock four-for-one. It is hoped Montgomery 146 12-12 year. Morgan 376 11-30 $1 20C 64 + 10-14 12-28 complete the 1,475 re¬ liabilities combined Light Co. & necessary 4,109 Liabilities— Ratio Power Directors the 1 130c Mining Minnesota + 7,772 indebtedness 103 1 2,551 of — 12 149 33,729 bills 93 10-14 11- common Corp. Minnesota common banks loans certificates U. — 186 543 , + 1 of Canada, Ltd. (interim)— & Manufacturing Co., common (year-end) $4 preferred (quar.) 2,642 pur¬ notes Balince 45,088,709 dealers securities Government Reserve — •f 11- 12'/2c I2V2C Packaging Materials, (quar.) 10c preferred 57c Mining 946 Treasury 14,183 21,462 Midwest agricultural purchasing or carrying: obligations Treasury in (Section S. Treasury Capital Accounts— Capital 5,299 Government estate Loans to 2,730 U. 44,212,568 + 2,458 Payable of Rec, Share Name of Company 5,217 316 securities Other loans for 259,690 + and Government S. Other 348,885 233,179 + + + 16,322 to U. 93,280 46,036 + + Holder• When Per dollars) 389 316 chasing or carrying: 237,264 24,229 of + 29,138 Other 18,460,334 Deferred millions ■v 1. (Continued from page 10) 1949. 29,532 loans _ DIVIDENDS Oct. 26, 1950 69,230 Loans—net Loans—gross Commercial, Liabilities— Oct. 18, 1950 Loans and Investment—Total assets or dec. (-—) since 27,656 9 11-10 12- 1 11- 12-11 11-15 12- 1 11-15 12- 1 11-9. 6 11-15 . II- 1 11-24 11-10 12- 11-29 1 44 (1772) The Commercial and Financial Chronicle Per Name of Company Share Pennsylvania Electric, 3.70% pfd. C (quar.)_ 92%c When Holdert 12- 1 11- 1 4.05% preferred D (quar.) $1.01 12- 1 11- preferred B (quar.) $1.10 12- 1 11- 1 Telephone Corp.— preferred <quar.) $2.25 57c March and Pepper (Dr.) Pepperell each other quarter $1 Co. Mfg. Doctor (see Co. Pfaudler Corp. Service 3%% (interim) of A 12-11 11-20 Canada, 12- 8 11-22 12- 8 11-22 12-15 11-27 12-15 11-27 Ltd. Cold (J. 4%% M.) Reading Tube partic. Owl 4%% Stores, A preferred Rheem 4%% (increased preferred Rhodesian Selection Roanoke Gas Co. Robinson, Little Class pref. A Rockwell 12-30 11-20 45c 12- 1 11-15 12- 1 11- 6 12- 1 11- 6 1 11-16 12- 10c 11-15 11- 12c 11- 5 10-31 11-25 11-20 56'Ac 10-31 10-14 (quar.)__ & Co. 25c 25c $1.18% 30c 5% prior Rogers 60c $1.12% __ Ltd, (final) 30% 12'/2c — 1 12-15 11-15 1- 11-29 10-31 2 12-15 11-24 11-10 Corp., common Secord ___ Strapping, (quar.) __ Stock dividend 1 11-15 1- 2 12-15 $1.25 1- 2 12-15 1- 2 12-15 11- 1 Franklin Simon <H.) (initiali Franklin (see Sons, Ltd., 5% 12- 11-15 37'/2c 1 12- 1 11-15 (W. & J.), common (T. L.) Company, Quarterly Speed Queen Forgings Corp. Oil Co. (New Standard Oil Co. of Stock Jersey) preferred A (year-end)__ common iquar.)_ (quar.) Standard Stoker Co. (resumed) & Extra , A 4% % preferred series B (quar. i 5% % 2nd preferred Superior Tool & Die (quar.i _— Transit Mfg. Telephone Bond & Share, 7% 1st pfd. (accum.) Terminal Tower Co. Company (Cleveland! (quar.) Glass Mfg. Co. (quar.) A Water Oil Co. iquar. I ______ ---7 Tyer Rubber Co,, common preferred Union Oil Union Street Ry. $3.75 (New Corp., preferred preferred Electric pfd. A pfd. Stoies Corp., 11-20 11-16 Alloy Cast Steel Alpha Portland 12- 1 11-16 Aluminum 12-15 11-16 12- 11- preferred 3 11-30 11-10 12-14 11-25 12-14 11-25 12-14 11-25 11-30 11-25 11-30 Molasses 11-30 11-30 11-20 11-30 11-20 1-15 1-10 11-22 11-10 25c 11-28 11-10 11-28 11-10 1 $1.75 12-12 11- 50c 12-12 11-15 12-15 11-15 12- 1 9 12-20 11-15 of Holding Pacific Insurance Science Fund Finishing Co., preferred preferred Co. (irreg.) Casualty Co., 45c U. 8. Loan Corp. Airlines, conv. American Automobile American Bosch American Business From net investment Special common stock American at Can American the (Phila.), Co. Cities Special 11-28 11- Bohn previous given in When ■ 10-25 12-15 .134035 share of of 11- 12- 1 Corp. held. $1 American Hide Home net Stock American 11-15 American Meter 12- 1 11-29 American News 12- 1 11-29 American Pulley 37'/2c 12- 1 11-15 II-1 $3 11-25 11-1 12-20 12- 1- 2 12- 1 12- 1 11-10 11-28 11-14 5c be for paid Co., Ltd., 7% Radiator & 10-27 American Window Glass 1- 6% Co. Metals, Post 11-10 12- 9 11-10 6% 12- 7 11-16 Andian 12- 7 11-16 11-29 40c 12- 1 11-10 12- 1 11-10 $1.50-- 12- 1 11- 11-15 8 12720 11-24 10% 12ill 11- $4 5C 11-24 1 11-14 H-30 11-15 22'/2c 12- 1 11-16 40c 12- 1 11-10 $1 i_ 2 ll-io 1- $1.75 Inc. Gold Dredging, Adding $1.50 _ 12- 1 12-15 40c 12- 6 12- 6 $1.25 12- (increased quar.) Ltd {50c 1 11-22 Burry Biscuit Corp., $1.25 preferred (accum.) Bush 10c 11- 25c 12-18 50c 11-15 Machine Co. Co. 11-28 11- 2 11-28 11- 2 11-15 10-26* 50C 11-27 10-27 Jackson 10c (irreg.) Co. Financial common (quar.) Corp. Electric : (extra) Power Service J D (quar.) 5.28% convertible preferred E Canada eacn Cement $1.30 lieu Hecla (quar.) Ltd., preference preferred Copper 50c Co._ ___ (quar.) Canada & Dominion Sugar Co., Ltd $25c 12- $10c 11-15 Class $15c 11-15 $37'/2c 12-15 11-15 10-31 12-14 12- 12-12 11-30* 12- 1 1 Ltd., common (quar.) Foundries Class & Forgings, (quar.)______.—— A 11-14* Class — __ ___ (quar.) $1.12% 12- 1 11-15 11-22 11-21 1 12-15 25c 11-15 11- 11-15 11- 11-15 11- 1 tion 3 Sanitary 12-15 11-22 11-22 1 $1 11-22 11- 11-30 11- 3 15c 11-25 11- 6 11-15 11- 1 31 Vic 11-15 11- 1 4'/2% $1.50 Ltd 20c $15c 1 1-31-51 Ltd., Vickers, 1 Estates, Wire 12- 1 11-10 12-20 25c (A. Food 11-27 12- 1 11- 1 (s-a) S3 Co 12-23 common (quar.) preference (quar.) 12- 1 12-15 11-15 12-15 $15c 12- 1 12- 1 30c Arizona Light Foundry Illinois Centfai Vermont 7 11-10 15c 12-22 -Cessna 41-10) 7 12- Chicago 8 11-10 Bldg. Co. 11- 1 12- 1 11- 12- 1 114 25c 25c <quar.)_ 11-30 12-30 55c (monthly) J common 11- 1 12- $1.25 iquar.) 1 12- 62 %c pfd. 12- 59c ; Electric Co. Aircraft Chesapeake Manufacturing Corp.— 11-10 27 %c — 5% 12-22 $1.12 % 1- 2 (quar.)_ ' 11- n- 12-1 12- 12-1 Public Co. 1 11-1 • n-; 11-15 10-3 12- .7 11-2! 50c (quar.)_______ 10-3 11-15 19c (irreg.) 11-30 20c Service (year-end) pfd. 12- 22 %c (quar.) of Virginia $3 11-15 50c Corp. (quar.) Corp, Corp., 45C 90c Co., Inc. (quar.) West 11-30 12- 11-30 75c $1.05 »: <quar.)__ preferred 12-15 12- (quar.) 1 Ohio Light & Power— 3.^0% Cerifial & South Soya 30c $12%c 11-30 Power— Central Central (s-a) 11-10 (quar.)__— preferred II-30 30c common & Light Co., 12-15 A 50c 1 20c Co., 37 %c . 12- 12- — iquar.) 25c common A (quar.) Louisiana 1 . 11-15 12-18 (increased)- Central 10-31 30c 25c 50c (quar.) 12-15 4- 1-15 12-15 (quar.) class com. prefeired 4%% 1 11-15 (quar.) Ltd., (quar.) Central 12- $$1.25 (quar.) (irreg.) Company preferred Central 10-31 12- 11-15 $20c 2 $1.25 Gas Corp., (s-a) preferred (quar.) 12-15 & $2.50 11-15 $$1.12 % Co., common 11-15 (quar.) $$1.12% pfd. common Products, Hollywood Monthly 11-15 15c M.) Central 12-18 70c : „ 12-18 $$3 $25c (extra) com. is-a)_^—_— $2.36 r 12-23 12-15 25c ,.J $£30 ^preferred 2 5% Mfg. Co., preferred Common 11-22 11-22 t70c $50c (irreg.) B Central 11-2 $1 Inc. Cloth ■Caterpillar Tractor Co., -'4.20% 12-11 $20c $25c Corp.. Class 11-20 $20c (quar.)_ Ltd I-20 12- Ltd. $25c Uti'lties, Castle 11-18 "Ca¬ dividend) Companies, Ltd., preferred (quar.) Carpenter Paper v (quar.) Arkansas Natural 11-15 li-- 75c- 12- 1 11-1 11-20 11— 12- 11-1 Chicago, Milwaukee, St. Paul & Pacific RR.— Common • 2 11-10 30c 11-15 10-31 10c 11_15 10.31 6% 1st preferred (quar.) 10c 11_15 10.31 7% 2nd preferred (quar.) preferred Dry (quar.) Goods Corp,, com. (quar.) 5c 12-21 7%e . conv. Associated 1st Catelii 12- this pre¬ redemp¬ share Investment Foreign Oil 11-1 1 : Canadian Capital 30c plus for per Foundry Co., Canadian Capital (accum.) $20 (quar.) Canadian Canadian 8 75c com. & called at Canadian Dredge & Dock, Ltd., com. Canadian Fairbanks-Morse (quar.) 11-22 12- 11 funds" Car A 11-3 12- $$1.12% (quar.)_ participating issue Dec. nadian Canadian Class 12-15 (entire on 11-3 12-15 Ltd.— convertible ferred 1 30c Non-cum. 11-30 pfd. 11-3 12-15 $$1.50 Safeway, Ltd., 4'/2% 12-15 $$1.50 (annual)—____— Canadian Canners, 11-15 12- 11-3 $51'/2C — B Canada 40c 1 Ltd.:— Extra 11-14* 12- Foils, A Canada 1 Co.— (quar.) 12-20 Canada 75c $5 preferred 1 11-30 10-31 30c Co., 11-15 t$1.50 $32'/2c (initial) com. 10-27 75c Co preferred (quar.)_ Arkansas-Missouri Power 11-15 12- 11-15 15c Edison 11-15 33c 11-27 10c Co., 11-15 33%c $0.16245 Consolidated Co., 1 11-15 27'/2c (initial) F 12- 11-15 (quar.)_ preferred 11-15 62'/2c Co.— preferred & 6 62'/2c convertible 5.36% 9 15c (quar.) (quar.) preferred C Calumet 12- 11-15 $1 Co. 5.30% of 9 20c — Terminal 12- 32c (quar.) 4.40% . 1-1 yll-15 20c 11-10 California Water (quar.) Corp., Ltd., 4'/2% convertible 6% (accum.) (quar.)_ California Packing Corp., com. 5% preferred (quar.) Extra 6% 11- 11-10 20c12- Artkraft 11- 1 5 Arcade Cotton Mills— Class 1 15c California Extra 0% 1 5 t$2 Anheuser-Busch Arizona 2- 1212- u 25c Burroughs 8 or (quar.) Corp., Argus 1 pfd (quar.) CIT (s-a) Argo Oil Corp. 11-24 $6 (quar.) Co. (The) Company, com. prefeired Carrier Archer-Daniels-Midland 12- for Co. Line 11-15 Year-end 6% 12-11 Falls Pipe 11-15 Telephone, class A (quar.) Anglo-Newfoundland Development Co., Ltd. 11- 12-15 Hill $5 Products, Inc.— National Common 25c 25c Extra 10-31 Inc.— prior preferred 11-1 1 Company— Voting trust certif. 1 Anglo-Canadian 11-29 50c 11-30 . preferred preferred conv. 9 12-15 t$28 12- (quar.)_ -11-1 Ltd.— Co., 1 Butte Copper & Zinc Co., (resumed) Works convertible 12- 12-15 Paper Extra 11-15 9 50c Refining Anchor & (accum.) 50c 1 4 Pulp 12-15 12- 50c Water 1-15 t$l 12- $1.75 American 11-15 Columbia 11- Ltd. Co., __ preferred 1 11- $1.25 (quar.) 8 12-15 10- 12- 1 5c pfd. Standard 11- $2 Power & Byron ; preferred Ampco 10- 11-15 $25c 12- 25c Special 5% Light 10-30 common 11-28 11-16 Traction 11-15 (bi-monthly) Stove 12- 11-15 150c 1 Co American 7 1 12- 20c in 10- $12%c (quar.) Cordage Co., Ltd., class A (quar.) Semi-annual Budd 12- 11-15 30c Co. 11-15 1 class A B Branlford 11-14 25% Co., Ltd., 4%% Co., Inc 11-14 12- (quar.) Co._ 11-17 (monthly) 12- 12-15 Co. 1 Buckeye ; 11-28 11- Rubber & 12- (quar.)„ American Ship Building Co American Smelting & 1 Hose Roller Bearing 12-15 70c - American 7% (quar.) Brooklyn Union Gas Co.. States Extra Metal Corp., 12- 11-15 50c- Inc. 87 %c dividend 11-17 1 12-15 10- British realized Central Co. (Illinois) (increased) 11-17 1 11- 50c (extra) 11-24 11-25 1-20 3%c Investment 1 12- Corp. $2 7c Brass Extra (quar.) Steamship Co Leather, 6% pid. common 1 12- (increased) 11- 50c Buck 80c 1 2 11-1 1 t75c __ (quar.) common will Co. Products 12- 1- 12- 12- Brown $25c Co. shares. & 12- 1-15 12-15 25c Extra American 25c & 11-15 Woven Bulolo Year-end 12- 12- 25c $1.50 10- 12-20 30c (quar.) American-Hawaiian New 3 11-15 11-21 $1.80 option— of par Cash Furniture American 11-13 11-1 1- (quar.)- Co. Aluminum 1 10c 11-21 11-1 1 $1.06% (quar.) (Phila.) Airplane 1-1-81 87'/2c Extra 11-30 11-1 1 12- 11-25 10-31 12- 1 12- 18c H;._. 1 t!5c 12- 35c 1 11- 75c from share a fracticnal American 12-11 60c '60c $1.50 Valley Gas & Electric— preferred Class 11-20 11-15 n- Inc.— > Bowes 12-11 11-15 10-2 11-15 Fund, . • 2 10-3 11-15 t5c (quar.) Bower 10-25 1- 10-3 11-15 Boston Holders 11-45,.., 11-15 Bo.ston the 1U6 12- Bondstock Corp., common 7% preferred (s-a) .rxiyable of Rec. ' 11-1 11- 2 50c Brothers Tobacco Co., 6% pfd. (quar.) Blumenthal (Sidney) & Co. (increased quar.) 8 1 1 1- $5c Bloch ; Power & Light, class B liquidating distribution second 10-25 (s-ai_ Blauner's 11-14 (quar.)_ 11-20 common 11-14 11-29 12- — Blackstone 75c to be paid in cash 11-15 (quar.) Society Extra 11-29 I-1 11-1 $25c (quar,). preferred Brazilian pfd. pfd. holder's 1 (quar.) 4.25% income_. distribution security profits 1 (quar.) 11-22 : 3%% 5% 11- (s-a) 2 1 12- (quar.) Ltd Extra 6% 12- $2 —' Common Shares— 12- ___ 1- $1 Insurance Corp., 12-11 preferred 11-15 (quar.) (s-a) $1 (quar,) 1 $25c Co. Inc., $1.25 (interim) 12- 5c ; 11-1 t75c Electric 12- 1-15 Co. American Plus $1.25 Ltd. 11-15 Extra 11-25 20% Co.. Bigelow-Sanford Carpet Co., 10% . 93%c . 10-20 being (year-end) Canada, Ltd.— (quar,) ; (quar.) (quar.) 10-27 11-21 __ Aluminium, Ltd.— Quarterly (now payable in U. S. funds) 11-25 Circuit, Inc.— Cos. Btckle 11-15 (quar.) (quar.) (quar.) Coal 10-20 25c Co 1 1-31 Ltd.— Co., 10-27 The list does not include divi¬ common 12- $3 Inc.— (quar.) Company Seagrave, 1 dividend) Cement preferred Amerex 1 Sons 1 10c Stores, Ltd. (quar.)__ prior preferred (quar.) $3.50 11-20 11-25 & 11- $3 Gas, 11-1 $1.75 11-15 6 Semi-annual 1 11-16 (J.) 12- <___ Shoe 1 (year-end) B. $$1.25 (stock 11-1 12- (s-a) com. A 12-15 2- 1 (quar.).. Class $4c (quar.) 12- 11-25 Corp., Class $2.50 (quar.) 11-15 dividend Bertram 12- 11- 1 12- 35c Steel 1 & 12- 3-1-51 35c 11-10 Best 11- 15c Associates, 11- Refineries, Ltd.— $l.C6'/4 Bedford) 12-11 11- 11-15 $1.06% preferred 11-15 8 11-1 11-20 12'/2c (quar.) $6 Spinning preferred 50c Corp. 12-11 $1 ______ 5% Artists Theatre Stock (s-ai (quar.) (Calif.), United Aircraft (accum.) 12-26 7% 12-11 1 50c 12- Share, pref. Industries 12-11 30c Associated ®xtr® 12-26 12- 15c (quar.) common preferred 25c (quar.) Sugar partic. 25c 1 Co., 15c 25c Acadian-Atlantic 11- Extra of Company Incorporated 11-20 12- Howell Special 12-11 15c Tudor City Ninth Unit, Inc., 6% pfd. stock these 11-15 $1.50 (quar.) Quarterly may give the dividends announced in 50c 12-15 & 50c Alabama i0c Year-end Fine Per Name 25c Thatcher Corp., preceding table. 25c (quar.) Beneficial $25c week, $1.50 _ Producing Extra 11-15 (quar.) weeks and not yet paid. dends announced this $1 Extra Texas Gulf 1 Allegheny & Western Ry. Co. 15c — 12- 1 Boeing we 11- Extra (extra) 8 27c (quar.) 11-15 (quar.) 20c iquar.)_. preferred 1 (quar.) 8 25c convertible 12- Extra Below 1 35c $1 Co., common preferred (s-a) Brothers 12-2 12- 12-1 20c Bell Wright-Hargreaves Mines, Ltd.____ Wyandotte Worsted Co. (quar.) Younker 8 , 30c Co. 1- $1.18% 15c 11-20 12-15 pfd. 11- Mfg. prior 4% 6% 25c Ltd. Co., 2 $50c (quar.) 11-15 (quar.) Governor Worumbo 11-2 12- 1- Belknap Hardware & Manufacturing Quarterly Quarterly 10c Woodward 12-11 Corp. (quar.) Heminway Co. (increased) Bethlehem com. $1 1- of Co. Aircraft 4%% common 12-1 Corp.— 11-25 50c 50c Corp.__ Extra United Woods 4% Shoe 2 1 11-15 Extra Allied S.) 11-1 12-11 Ltd.— Paper, 12-11 $1 prefeired (quar.i Wisconsin Motor Corp ATF, & Berkshire directors the on 50c _________ _______ Syracuse Tampax, Inc. (quar.) Taylor & Fenn Co., coipmon 11-25 25c 20c $1.50 that 12- 5c — 12-11 11-1 1 10-2 $1.25 Guaranty (quar.) preferred Belding 1 12- (resumed) com. 11-30 (quar.) (s-a) 12- 26,!>rtc (quar.) 11-15 RR.— 12-11 28ysc (quar.) Beech 1 10-2 12- 10-2 30c 18%c quar.) (quar.) 10c pfd. Co., $4 12-20 27'/2c series 11-15 12- 11-10 (quar.)_ 50c (quar.i Company, 40c preferred United B.i $1 Sun Ray Drug Co., 6% preferred (quar.) Sunray Oil Corp .common (quar.) 12-12 11-1 $55c (quar.) Manufacturing Co., (A. 20c 12-12 (s-a) (increased common & Power 4%% 40c 25c 12-20 50c (quar.) Beck 11-16 pfd. America Mortgage (year-end) A Beacon 11-20 1 5'/2% of 70c (J. 40 c Terstegge 11-16 1 12- $1 Corporation 25c Co._ 1 12- Extra Williams 50c Coal 12- $1 _____ 20c ______ Stonega Coke & Stratton Fixture dividend 35c 25c __ Supply Co Brewers, Inc Drug, Inc. (quar.) $4.25 & Agnew-Surpass 933/4C Fuel United consider 10-20 2% Ohio, dividend $1.30 $31'Ac *— _, (quar.) by the year-end. Whitaker Paper 1 15c quar.)_ Class (quar.) announced 11- 40c (increased Bathurst 11-17 2 Bond America Telegraph Co.— 50c 30c _ Standard United Union Company 5% 40c — 11-13 12- (quar.) special guaranteed Aeroquip 15c — 11-28 $1 — — (year-end) Snowdrift Acme (Dallas, Texas) Extra United & 12-19 15c Corp., class A Products, Inc. (s-a) 4.32% Oil 11-20 25c common 6% preferred (quar.) Southwestern Life Insurance Extra Co. Showcase 1 $1.25 — 11-13 11-1 $1 common 50c 2 $1.12V2 (quar.) (quar.) (quar.) 11-28 1 Corp. Co. 1- 30c prior preferred 4%% Wire Pump 12- 20% preferred Extra Co (quar.) $1.25 50c Sterling Sterling Co. Petroleum $1.12'/2 25c dividend 50c (quar.) Bankers 1 12-12 (s-a) (s-a) & Aroostook RR., 11- 1 Co. common preferred 11-15 Extra $$1.25 (quar.) 5% $1.50 (quar.) , Sinion)— pfd. Extra 3%% Oil Jersey & Seashore 6% A Bangor 11. pfd. Canteen Foods, Inc., $2 Western 12-11 $5c Sivyer Steel Castings Skilsaw, Inc. (quar.) Standard Dec. 10-23 12-20 $2c Simon 5% 12- 62%c Ltd. Extra Texas 30c 20% 5% preferred (quar.) Silver Standard Mines, Smith 11-16 of partic. Steel 25c common Extra 5% 5 6% Co., preferred Wholesalers, Ltd., Class 11-15 12- holders to 50c Steel '4 % % 27 B/G approve 25c A_— Extra Sloane meeting will be a 150% stock If approved it will be paid on to 5 1 12- $2.50 (Conn.) non-cum. Atlantic 6 12- $2 ' Automatic Extra West 11- Y.— stockholders' Dec. on $1 Gas, .class B Stock 11-20 of N. 25c & Extra Signode $1.75 Class -—______ Oil Class (quar.)—; 12-15 1 12'/2c (See Laura Secord Candy Shops, Ltd.) Inc., $4.50 prefeired iquar.) Shenango Valley Water, 5% pfd. (quar.)___ Sheraton, Inc. (quar.) Shuron Optical Co. (quar.) Extra 12-30 12- Candy Shops, Ltd.— Servel, Signal 10-25 50c (quar..)__ (Laura) 11-14 1 90c (quar;)—_. Roxy Theatre, $1.50 preferred iquar.)______ Royal Crown Eottling Co. of Louisville— preferred 12-19 11- $1.25 ___ Iquar,)__ class A (accum.) Inc. 11-15 $1.25 ,■ (quar.)_________. $3.60 1 -50c preferred Brothers, 11-24 12- $25c (increased; A 12-15 $20c common... (quar.) preferred 5% 7-31 Washburn 5% _ Company, preferred 8-19 Wickes (quar.).. Ltd., $1.75 Wesson quar.i Co., (quar.) Warren 11-15 60c (quar.) Mfg. Rockwood 5% & RR. Van Raajte Co. (year-end)_ Virginia Coal & Iron Co Virginia Dare, Ltd., 5% pfd. 1 260c __ Trust, Line Extra 12- (Texas).. (quar.) Coast Vanadium-Alloys Weber 87%c (quar.) Atlantic Consolidated 11-15 Manufacturing Co.— Common 1 Universal 1 (accuin.). Co. 5- Coder, 12- $1.16 (quar.) Republic Insurance 5-20 Dec. 50c Co.—- common $1.75 Wayne Corp.— class (quar.)_. Universal 11-13 (quar.)_ com. (quar.) Co. special 11-15 ___ Grocery Line held 1 Storage. preferred Coast preferred 4 (increased) (Indiana), Atlantic 7% $2 $2 € 5% Holde Payable of R Ry.— .____ 6 2- Extra Fe quarterly 11- United States Trust Co. 37%c ___ Share Santa preferred 12- 18c City Radford 7% 11-20 Increased & 2-20 7% 12- Extra $4 11-10 12-1 11-10 Topeka 11-20 preferred 25c _ iquar.) Co. (quar.) Quaker 17. S. 11-20 9 Atchison, $1.75 . When Per Name of Company 11-10 $1.75 7% $25c _ (quar.) preferred (quar.) Bakeries Corp. (quar.) Purity S. 11-10 8 9 12- 75c ; (quar.) (quar.) A 12- 75c Monday; November 6, 19 . Holdert Payable of Rec. Share (increased) common preferred Walgreen Quarterly Distribution Shares, Inc. Tide 9 50c Ltd. class B preferred 4.64% State 12- 50c __ ___ Power Sport 11- Co.— ___ Company, Special preferred 11-8 11-15 $1 _ quarterly Public 5% 11-15 50c (quar.) Development, SI.50 Roos 11-22 40c Extra Red 5 50c (quar.) Products Corp., dividend. ... (quar.)__ Extra Poor & 50c 12-1 12- $1 Increased Placer 12-15 50c Extra Philadelphia Dairy Steel 7% Pepper Co.) — (quar.) Brewing Co. Dodge Corp. Phelps 12-20 25c Inc. Co. 12- 75c (quar.) Pettibone-Mulliken Corp. Pfeiffer 1-15 $1 __ _ Paul, 11-15 $2 (quar.) Extra Peter 1 $1.50 Peoples Gas Light & Coke Co. (quar.) Peoples Telephone Corp. <Pa.», com. (quar.) 4%% preferred <quar.)$1.50 payable in U, S. 7% Pennsylvania -■ U. 1 4.40% When Per Name of Company Payable of Rec. . . 1-2-51 40c .. 12- $1.50 $1.75 12- 7 12-11 1 11-10 12- 1 11-10 12- 1 11-10 1 Series A pfa. -declared $1 :-year Chicago in for 1948 (This payment the year of and per $1.75 of 1949) Yellow includes respect to Cab $1 1947, share for the $3.75 Co._ 25c 1 olume 172 Number 4967 . . The Commercial and Financial Chronicle . (1773) -* Per Name of Company hlckasha Cotton Special 25c - 25c - (quar.) tearing Machine Corp. (quar.) [leveland Electric Illuminating Co., Co. 12- 1 11-10 12- 1 12*4 1 11-15 10-20 12- 1 11-10 11-10 Fajardo Power 1 11-16 12-16 Falstaff 2 12-16 12-12 12- 10-31 $35c 12- 11- 1 1 1 11-10 Ferro onsolidated Natural preferred $4c $1.25 Glass ^nsumers 12- Corp. 1 12-15 11- 1 12- 1 11-15 UOc 12- 1 11- 2 $1 11-17 11- 3 Freeport 11-30 10-30 50c 11-20 •10-27 preferred $1 (quar.) 11-20 12- 1 11- 6 12- 1 preferred demption plus this issue (Entire Nov. on called 15 at $105 for re- | ^ntinental dividend). .= ^ Gin Co., 4(6% preferred joksvillc Co.. Ltd., 60c class A (quar.)____ )>rby (H.) Distillery, Ltd., class A____ tClass B frnell Wood Products (quar.) £xtra 1 ■ $ro, Inc. (quar.) 1 ___ Investors, jrporate libben & Sexton preferred i$4.20 preferred Nest .0ws Coal Pass ilver (Missouri) Co. Corp., $2 class A 6 40c 11-15 11- 6 laware Oil Inc. /oting Union Paint General Plywood Public 12- 11- A Ulass Fruit 1 11- B imond 8; A com. 12- 1 12- 2 11- 8 11-15 .11- 6 11-24 11- 3 12-18 12- 6 11-25 12-25 , — Industries, Corporation, .-1% preference & 12- 11- 1 11-15 1-15-51 (C. Investment, Jight Mfg. Intern t,tern stern % 11- % 5 (s-a) '/«% 4.25 1 Interstate Intertype 25c, 11-15 11- 6 Iowa-Illinois Gas 37 4c 11-15 11- 6 Iowa 11-15 11- 4 12- 11-14 11-2B 11-10 11-25 11-10 11-15 11- 12- 1 11-10* 12- 8 preferred Union Lakes 11- 1* 2-15 2- 11- 25c 12- 1 10-16 11-15 _ pfd. (s-a)_ — (quar.) Ltd., class A (quar.) Mining Smelting & 2-28-51 2-14 11-15 11- 1 11-15 11- 1 $1 12-15 11-15 12-15 11-15 +25c 12-15 11-25 t50c 1 11- 6 11-24 11- 6 90c 11-15 11- 3 25c (s-a) 11-15 11-21 11- 6 Inc. c 11-15 25c 11-15 564 Dock Co. (quar.)___ $5 Western 10-27 40C lz-10 12- 1 50c non-cum. 11-21 12-20 12- 6 2-1-51 Co.— Brewery Oil $ 15c 35c — 50c 11-22 11- 12- 11-15 1 11-15 1- 2 11- 1 3 12-21 5% preferred Watch Hancock Class Co. of Co. 25c 12- 1 11-15 30c 11- 8 10-18 (initial) B 11-15 11- 1 1 11- 11-24 11-24 12-10 11-24 11-24 quar.) 12- 1 11-20 6 11-15 $1.50 12- 1 11-15 30c 12- 1 11-13 (quar.) — 25c 11-15 11- 6* 1 12- 1 12-15 12- 12- 1 11-10 35c (quar.)__ common 12- 45c (quar.)— 12-26 11-24 11-15 1 1 12-15 30c 12- 1 11-15 93%c 12- 1 11-15 97 ViC 12- 1 11-15 $1.05 12- 1 11-15 30c 12- 1 11-10 15C. 12-15 11-17 1 11-25 824c common— — Pillot, Inc., Hercules Steel (quar.)— (reduced) Inc. (quar.) 12- 11- 3 12- 8 90c 12-21 12- 8 1 $1.25 12-21 12- 8 40c 11-15 10-20 25c 12- 1 11-20 11-16 17c 12- 1 10c 12- 1 11-15 10c 12-15 11-15 12-15 35c 12-26 12- 8 45c 12-26 12- 8 $1.25 11-24 11-10 12-20 (quar.)— — 37 4 c 1-2-51 4-1-51 16c 11-20 10-31 50c 12-12 11-21 25c 11-10 $1,124 75c 12-28 12-20 12- 1 11-10 12- 1 11-10 1- 2 12-15 2- 1 1-15 " Kysor L'Aiglon Apparel, La Extension Salle Lake Superior 5% (quar.) University (quar)™— District convertible 2nd Lake of the preferred Woods Milling (quar.) (quar.) preferred (quar.)__ Monotype Machine Lees (James) & Sons Co. 12- 1 12- 1 1$1.75 1 11-30 11-10 1 11-15 12- 50c 12-11 50c 12- 1 11-10 50c 12- 1 11-10 11-15 10-31 2c preferred. . 35c — (irreg.) (quar.)___ — 11- 6 (This $1.25 arrears) 12- 11-20 1 40c 12-15 11-15 11-27 11- 30c Company 25c 12-30 12-23 $1.50 12- 1 11- $1 12- 1 11-10 $1 Salt 12- 1 11-10 (quar.) Life Liggett & Myers Tobacco Savers Corp. (year-end) (quar.) Extra Life Ins, Co. (Fort Wayne) Co. 11-22 $1; (quar.) 1 Corporation (quar.) 6 1 — 100% dividend , 12- 1 $1 12- 1 25C 11-30 • 11-14 11- 3 11- 3 11-10 75c Extra preferred (quar.) (quar.) 11-30 11-10 25c 12- 1 11-15 25c Extra 3*/2% 1 11-17 11-30 Libby, McNeill ft Libby (s-a) Liberty Life Insurance Co. (Greenville, S. C.) Lionel 1111- 50c (quar.) (quar.) 5% Co., clears payment Leslie 11-15 Ltd Mines, Electric 11-15 1 HOc — Co. — Gold 11-15 1 Co. Cement Extra Leitch 1 12- 12- 37 4 c Coal & Navigation Leland 12- 25c Inc Portland 12-27 Co., Ltd.— Lanston Fabrics, 1-10 45c — Common 7% 10-25 $1.25 Co., "common- Power preferred (quar.) 5% 11- 11-10 10c Inc. 11-15 10c Co Heater 1 10c Liquid Carbonic Corp., common 11-15 11-21 1 $1.50 1-25 c 12-12 12- $1.75 2-15 564 3-20 50c iquar.)__ Extra (Entire issue be¬ for redemption on Nov. 15 share' plus this quarterly 11-15 37 4 c (quar.) Company & Co. Lincoln National (quar.) preferred series B payment.) 12-11 (quar.) 10-25 35c dividend 40c (quar.) (quar.) 11-15 53 Vic 11-17 11-30 preferred 1st Stock (quar.) 1 12-28 2nd preferred Link-Belt (quar.) 12- 120c 75c 10-25 A common 1 11-15 12- Manufacturing Co.— 11-15 A $1.06*4 II.) 12-30 Corp.— (quar.)—, 12- 1 — 12-30 1 8 12-15 $1.18% —— 1 series per 11-15 8 12- 5% 4*/2% preferred A (quar.) Kroger Co., common (quar.) 7% 11-15 12- 12-20 25c Co. — (S. S.) (S. 11-15 series called Kresge 12- preferred $51 1 12-20 40c Kinney (G. R.), Inc., com. (increased quar.) Special $5 prior preferred (quar.) Kirsch Company, $1.50 preferred (quar.)__ $1.50 preferred (quar.) Knickerbocker Fund, Inc. (year-end) 50C preferred at 12- 40c Extra 30c 4*4% ing $1 Lighting Co. Products ts-a) Kingston 11- 4y«% 4>>% 1 11-15 3 U-17 11-15 (quar.) County 1-15-51 12- 14*17 1 10c Dec. 1-15-51 12-15 1?*5 12- convertible preferred issue called for redemption on at $21,50 per share plus this div¬ idend.) 10% 534c 1 11-29 95c ————— (Entire $1.25 11-15 1 11-29 12-10 !-—— ; 10% dividend) 11-25 12- 10-30 12-10 Light Co.—- Keystone Steel & Wire Co. Lehigh 1 11-15 12-21 (stock dividend)—_ 5% preferred (quar.)_ Hershey Chocolate Corp., 12- 11-10 15c Co. King-Seeley Corp., Lehigh 10.-20 12-20 11-15 20c — — 11-15 12- $1.06*4 17c (quar.) Parchment (quar.) — Co., 434%- pfd. (quar.)_ Kerr-Addison Gold Mines, Ltd. (interim) 11-15 12-15 $1.02*2 4 (increased) Co. Furnace Vegetable Kayser (Julius) ft Kentucky Utilities 6% 1-18 share plus this div¬ — ft Stove preferred Extra Kress 6 6 1 2nd pfd. A— per Quarterly (stock Products $107 preferred (quar.) Kawneer Kings 12- 12- 2- 15c 3.80% 4% 12-20 12-20 being called for. redemption on Kansas City Power & 1 11-17 preferred 75c Extra 1 11-16 non-voting Co., 4% 12- 50c 93 %c idend. 1 15c (quar.) Marx voting Powder $1.25 (quar.) common at 15 Kalamazoo 12- 15c (quar.)_ common common Common Ltd Co., : Kalamazoo 12- Inc.— Hercules Mines preferred (quar.) Nov. 12- i— & Co., Above issue 25C 15c —— Co., Co.. Johnson & Johnson, 50c 50c —-— Bakeries, Hathaway Tea Lea preferred 2nd issue & 12-15 $1.50 (incr. 20c (quar.d) 6 12.-10 15c common 6 25c Schaffner 6% 10-30 11- 1 11-15 $1.25 (quar.) Associates— vtc. (accum.) Steel Co. (monthly) 5 11-15 12- 12-15 $1 (quar.) Common $5 12- 5 50c (quar.) (quar.) Year-end Henke 12-20 12- 25c : Harnischfeger Corp., Ry.— 12-20 California— (quar.) Handmacher-Vogel, 11- Inc. A Extra 11-15 Street preferred Instrument Oil Class $2.50 (accum.) 62 */2C $1 convertible 11-22 1 11-15 1 t$1.25 Extra (year-end) 12- 15c Extra 11-17 11-30 11-17 J.25C Co., Ltd., common (initial quar.) Co., common (quar.) 12-12 12-11 11-17 12-11 25c (resumed) Co. Cotton Hamilton 4% (increased) • Hamilton 12- 8 12-11 424c (quar.) Halliburton Oil Well Cement Go. 30c . 6-11 75c Extra . 8 3-12 $1 Co. Water 12- $1.25 6-30-51 (quar.) 35c (quar.) n- ir-20 — System Extra Krochler RR. (year-end) Hammond $1.25 Ohio & Corp. Special 1 11-17 12-15 1 50c Extra (quar.) • , 10-27 11-15 12-21 374c pfd. (irreg.)_ Life Insurance Co., common Ry., (quar.) preferred Mobile Gulf 1 $1 9 8 11- 25c 11- 10-14 12-15 1-15 12- — 12-28 12-15 Light Service Mountain 3%% 6 25c Co. 11- 3-30-51 11-17 Jewel 11-15 11-15 124c (quar.)—— & 12- 5c (quar.) common Dredge 11-16 $1.25 (quar.) com. 12- 11-30 $2.50 (quar.) 12-15 50c $1.25 11-15 1-15 25c Knitting Mills 5%.preferred A (quar.) 1 15c (increased) common $1.25 $124c 10-31 $1.25 Electric & preferred Island 10-18 (quar.) (quar.) 10-31 & Public 11-15 11-15 (quar.) 10-31 12-30 1 (s-a)__— preferred (quar.) 3.90% preferred (quar.) 4.20% preferred (quar.) Iron Fireman Mfg. Co. (quar.) 1 preferred preferred 11-15 3.30% i . 12- Corporation Power Iowa 1 11-15 preferred Gulf 5% Gas, .Ul-15 J25C — (quar.) (interi^i)— 5% convertible 5% Hart, preferred (quar.) preferred (quar.) preferred (quar.) 3 $1.50 $5 11-24 30c Year-end 11-17 $5 11- 50c 4 11-30 (increased) Corp. Freight 1 3 1 1- 9 10c Motor 1211- 9 11-15 Utilities 1-26 12- , (accum.) preferred 11-15 $2 Corp., Co., southern 1 Natural 12- 5% 12-20 9 1 10-31 9 Central America— 12-20 11- 11-15 International Railways of International 11- 12- 25c —- 1 10-17 1 11-17 quar.) Extra 12- 1 11- Ltd. Co., 12-20 1 11-15 Petroleum 10c 12- 12- 10-31 12- International Silver Co. (Conn.) 12- $$1,124 (quar.) lonthly .10% 12-18 International 6 $1.75 3 50c 1 11-10 11-27 (quar.)__ com. 10-31 11-15 $$1.50 (quar.) preferred Paso Stores Griesedieck 8 1 11-21 (quar.) 11- 30c (quar.) (quar.) Company, Consolidated Co., Ltd 2 2 11-10 12- Jantzen (quar.)___ Company, & Hallicrafters Corp. jewater Ltd. Co. Rubber 1- 1- 11- 1 $1 - preferred 11-10 50c Great 12- 11-24 1 12- 30c 11-15 50c —!_. Northern 11- A 1-2-51 84 %C Extra 10-31 Sugar 11-16 (quar.) A.) American .Great 11-15 preferred .htern 1 5 11-15 Utilities, pfd. 5% Rubber & (S. 6 12- 8 12- 5% (increased Machinery Co. Special 7% 5 50c B 12- 12- J30c Kansas 11-16 25c (quar.) Ltd., common Investments, Inc. 11- HOc common (quar.)— Massachusetts 1 $1.50 Grayson-Robinson Stores, $2.25 preferred (quar.) 6 50c 12- 25c — dividend Cigar $3.50 preferred (accum.) International Harvester Co., 1 11-25 $1.25 preferred 12- Stock 11-15 12-15 (year-end)—— Co. 1 10-17 t$ 1.25 preferred Mfg. 11- 12- 174c (quar.) Graton ft Knight Co., $1.80 prior pfd. Gray Mfg. Co. (resumed) Ltd.— A.) Freres 11-15 $1.25 11-30 Co., 5% pfd. (quar.)_ Ltd., 4.80% pfd. (quar.) Electric ncan fiham »puis 11-30 11-24 1 11-15 20c , Inc. 12-15 12- 25c Grand 11-15 11-20 10- 9 International Educational Publishing Co.— 37 4 c 5% 10-24 12- Machines Int'l $1 — Corp., Corporation Power 10-24 11-15 8 27 %C (quar.). (quar.) Group Business 1 25c (quar.) $5 convertible preferred 3 11-11 Bond International 3.75% Co., common 5% preferred (s-a) Goodyear Tire ft Rubber Co., 4 11-15 Shaves, Ltd.— (s-a) Group and 6 11- Goodall 11-24 30c 1* 12- $2 11- 10c Common 12-20 12-19 11- 50c (quar.) 11- 11-15 Granby 12-27 8 11-20 50c Co (yer.r-end) Co. 11- $1.75 (quar.) 10-25 11- 3% 11-20 5c Hackensack Ltd. Bradstreet, — preferred 11-20 12-11 35c Co 11-15 11-20 11-22 50c iwry's, Ltd., U. S. A., Inc.— ncreased quarterly n (quar.)_ 11- « 45c 11-15 11-30 12-12 62 Vie (participating) jiiglas Aircraft Co. (quar.) l£vo Aviation Stock 50c Grafton 12- Products Co. Institutional 10-18 12-20 ,finacona Paper, Ltd.— liver pfd. $1 11-16 $1 11-20 1 lT-"*4 75c Extra 11-20 1 12-29 10c (interim) shares Steel 1 11- 11-17 1 Co. Steel 1 11-15 11-15 1 (irreg.) Imperial Chemical Industries, Ltd.— 12- $1 (increased quar.) convertible 1 1 common Railroad Central 12- $1 . •minion Engineering Works Ltd. Aninion Stores, Ltd. (quar.) 14% 12- 11-20 12-20 1 Co., Illinois Zinc 11-10 Common Ltd. 10-31 11-30 2 1- Power Ordinary $1 common Co., 6 12-20 1212- — 30c Utilities Extra 12-20 12-25 $4 ___' (quar.) Bridge 11-10 1- 11-15 Girdler 11-20 20c miinion 1-20 12-30 Corp.-^ Electronics & 25c (quar.)________ 7% Corp. Great . Anglo Idaho 6 11-30 Gerrard 12-16 35c Extra & 11- Gentry, 11-13 12-29 50c quarterly preferred 11-15 10c Tin jdge Manufacturing Corp.— kninion —1 (quar.) Wares, Tire < (quar.) increased 10-24 25c General General 75c Co Co. Special j% participating preferred ®tie Cup Co., 11-18 t25c 11-21" 10-16 50C (increased quar.) (s-a) Co.. (quar.)__ Extra 12-15 Grand (quar.) (year-end) Match General Steel Corp.— (year-end) 2- Radio 25C preferred (quar.) preferred (quar.) 11-15 $1 (quar.) troit River Tunnel Giorgio 6% 10-30 30c preferred jlass Common Ltd.— class A Yard 125C Hytron & Special 174 c Inc., 6% ViC Corp._ Stock Hydro-Electric Securities Corp., pfd. B (s-a) 1 24c ,____ 3%% pfd. (quar.) Advertising Co.— (increased) Mills, General 15c Electric ft 1 12- Outdoor 10-31 50c (year-end) common Gas 12- 12-20 Corp. 10-30 50c troit-Michigan' Stove 12-15 $1 (quar.) Inc Inc. Finance 11-16 $$1 Co., cdm. A 37 4c 11-15 $1.25 5% 60,c 11-15 ViC A___ Rayon Co., nnison Mfg. preferred (quar.) Hydraulic Press Brick Co., $6 pfd.-(accum.) Hydraulic Press Mfg., 6% pfd. (quar.) $1.75 1 50c — (quar.) (increased)! Bottlers, General — Phipps Stores— Rock 1 12- 12 ViC (quar.) 11-30 12-15 „ Company,, common 11-15 50c _ class Co., 20c 93%c (quar.) preferred A Globe i Mills, Hosiery & Co. Co. 25c 11-29 12- 12-11 11-15 30c ■ — (quar.) (monthly) non-cum. tlass 2 10c (s-a) Havilland Aircraft of Canada, Vic 11- 11- $2 Sxtra rby 1 11-15 ViC A nver 12- 40c $$2 Extra venport ep 2 $1.05 nsker Realty & Securities Corp. (N. Y.) Dlass A (monthly) an 11- 7 12-11 Extra Co., Ltd pfd. (quar.) Manufacturing rtiss-Wrigbt 52 1 + 1 25c (quar.) Company 50c Zear-end 31ass 12- 80c Corp. rtis B.) Oil $50c (quar.) (quar.) & Forster, 8% •lum J35c $35c 11- 564C dividend). Peanut (quar.) this (Tom) Huttig Sash & Door Co.— 25c General 11-15 25c common (quar.)_ Cork & Seal Co., Ltd. Zellerbach Corp, (own 1 56V4C (accum.) preferred 50wn 12- 12-15 1 plus Huston $1.15 (s-a) — 4% convertible preferred C (s-a) General Industries Co. (irreg.)__ Co.— convertible ijown Cork & Seal Co., Inc., ,$2 $15c 2 1- 12- 50c common General Cigar Co., 5% $$1.25 (quar.) $1,224 quar.) common Acceptance Corp., preferred (quar.) General 12-15 6 6 11-10 1 $1 (quar.)— Co., $5 Vic (initial) A (quar.) 3%preferred <quar.)__ Company, pne 1-2-51 (initial (quar.) Trailer General class jsmos Imperial Mills, Ltd. *4% 11-15 $1.13 preferred Corp., preferred General , 62 Vic 4% (Robert) General share 1111- 11- 25c Steel $1:50 per 1 1 12-11 1 ft Dock Co. (quar.) 4 (D. 6% iintinental Foundry & Machine Co.— \ Dredge Co. Gamewell 31*/4c ■*: (s-a) Year-end 11-20 1212- $1 1 Illinois (year-end) Fullerton Inc. 25c (quar.) Refrigerator 25C preferred Gair Co. 2 4c Sulphur Gabriel 6 10-28 1- 25C (quar.) Connell & Steel Fruehauf 11- 10-28 11-15 4- Corp.— ". Corp. preferred preferred 37 Vic $1 Corp. Power, Fuller 11-15 11-15 $1.50 12- 15c Forbes ft Wallace, common Foster & Kleiser Co.__ . 12-15 624c 40C '_ 2 8 11-20 preferred (entire issue called for redemption on Nov. 15 at $53 per share 1-2-51 Florida 12- 8 11-15 1 37*/2c (quar.) (increased) Corp., $2 preferred Common Industries, 12-16 & $1 York -11- 12- 1 $2.25 Inland 1 2 Steel Hussmann 12-11 Ingersoll-Rand 12- 2 & Huron 11-10 Indiana $12c 1- Copper 11-15 11-10 4.60% 1- 12- 12- 125c Car 11-10 Follansbee 11-20 1 1-1 3-16 1 11-15 12-20 25C Refining Co Erie Mortgage Corp. 11-27 $2.50 11- 1-10 25c (quar.) ft 10-16 10-16 $1.13 11-20 75c Oil 12-11 11-15 $1,124 1 11-15 (quar.) Company (quar.)_ A 12-11 1 $1 Humble 12- 10% Stock Extra America— 12- 50c quar.) Ltd Motor 11-15 11-15 , pfd. 10C 12- (quar.) 50c $1.50 Special 25C Bank 4% 11-20 40c (quar.) Quarterly Ltd.— {Common (increased quar.)^ { -Extra -. j4% preferred (quar.) 11-15 1 50c Warehouse (accum.) Fitz-Simmons . 2 (quar.) of 11-10 35C 11-15 (quar.)__ 11-10 1 1 1-16 12- & Co., common E.) Co., 25c dividend 4.90% common Hudson 1 1212- (Initial (George A.) 18 x1c (quar.) common Extra 12- 9 11-20 12- 25c « Oil First 10-31 56V'4C ._ Home 6% * 11-15 11-15 $1 12- 5 12- 1-26 30c 12-15 (Henry) & Co.— $1 non-cumulative class A 11-10 50c (quar.) Corp. Petroleum 'First (s-a) 1 (Charles 11-29 Holt Firemen's Insurance Co. of Newark, N. J.)—• Increased semi-annual 1 t$2 (quar.) 12- 20c dividend common 1 50c (quar.) Works Screw preferred "56'* 11-15 $2 Vic (quar.)- pntainer Corp. $3 12- 50c (quar.) Cap & Set Screw Co Fifteen Hundred Walnut Street 1 1-2-51 $1.20 Co. Corp. Enamel $50c Pcwer Co., »ntinantal 11- (Toronto)— ! jpnsumera preferred 11-15 11-10 10c (s-a) Ferry • 75c (accum.) ,Class B (initial)___ pnsolidated 'Vultee Aircraft -Corp. (year-end) preferred 10-26 Mills, Ltd. (quar.-) 4.52 9 . (s-a) j$4.50 11- 11-15 1 12-15 $2.50 Federal-Mogul Stock Ltd.— (quar-.)__. pnsolidattd Theatres, class A 10-26 Co.— Gas jnsolidated Textile 9 $1,064 - Laundries pnsolidated 10-20 11- 1 12- 11-15 11-14 20C 40C Federal 11-15 11-15 12- 1 $1 11-30 .. New 9 12- 11-24 $1 (quar.) (extra) Lumber 12- 20c (quar.) common Holdert 82c preferred (Edward) Hires $1.25 Extra 12- 50c 12-29 32*/2C Extra 1834c (quar.) 1-15 Corp., convertible Hormcl & Co. Compress & 12-12 1 4% $25c Payable of Rec. — Hotels Stock Quarterly 10-24 9c Hilton 50c Federal 12-30 45c 11-20 Hines Farmers & Traders Life Insurance Co. (Syra¬ cuse) (quar.) 11-15 A 12-15 * preferred 50c (quar.) 11-10 When Heywood-Wakcfeld Co., com. (year-end)... 5% preferred B (quar.) Hlbbard, Spencer, Bartiett & Co. (monthly)Monthly ; ■>— Co.— Brewing Corp., 44o 10-31 11-15 11-17 fractional Extra 2 1- common Co. of 1 1- $ 30c Association lieu (quar.) Morse Sugar 12- 11-15 8 Monthly 10% 1 Extra 1 50c 12- of for * (quar.) preferred A 20c (Quarterly pniaurum Mines, Ltd._; jnnecticut $5 12- (quar.) Telephone in . Erie Railroad Co.-— , 8 12- __ j$5 preferred (quar.).; pncord Gas Co. (N. H.), 7% pfd. paid , Distfict "Electric 50c * Life Empire $1.12V2 Corp., be A Fairbanks International dividend common held). 5% preferred (quar.) Equitable Gas Co. (quar.) Equity Corporation, 20c pfd. 11-15 l$20c Interim \5Vc 12- 1-2-51 class 87 Vie (quar.)l________ (A Utilities t " 25C onfederation $1 12-20 60c will Per Share Name of Company Empire Brass Mfg. Co.,Ltd.—' 87*/2C Inc. shares Holderi Payable of Rec. 12-13 Co. Texas shares. 11-30 1-1-51 Extra pmmonwealth Cash r 11-10 35c fl.fiO : class Share ft of __ Ltd.— Corp., Power 25c Emerson Radio & Phonograph— Stock dividend 10-16 (quar.) plumbia Pictures Corp., |50c 11-10 15C (quar.). Dlumbia Gas System, ;5% 11-10 11-29 $1,124 fquar.)--^ Ltd. (quar.) Plgate-Palmolive-Peet Co., com. preferred 100 12-15 $1.20 -preference ockshutt Plow Co., $4.25 11-20 10-16 __ bmmonwealth shares When Share • Co.—___' * $1 (quar.) pchrane Dunlop Hardware, iClass A (quar.) I each 20c preferred plonial'Acceptance 3% 6 11-15 (monthly) Cential Bond 7 6- 11-10 (monthly) olorado Electric 3- 7-16 1-2-51 com 4 % special guaranteed (quar.) \1% guaranteed (quar.) ilinton Foods, Inc,, common - preferred 10-16 4-16 35c preferred (quar.> leveland & Pittsburgh RR.—- $3.50 Boat 45c $4.50 Chemical 4 of Company Electric 20c _ conv. Per Name 6 $1.37 V2 54% preferred (quar.) lnclnnati Gas & Electric Co.__ •incinnati Milling Machine Co., common 4% preferred (quar.) z [lark Controller Co. (increased) ; learfield ft Mahonlhg Ry. (s-a) Common 12- 12- 15c Copper Co \ : ity Investing Co., common—; lorox Holder« 50c : Wife I 44% 1-15 25c ! __ When Payable of Rec. 25C - : Company hiksan (quar.)- - Quarterly Quarterly Share • . OtI 45 12- 1 11-15 87 Vic 12- 1 11-15 46 The Commercial and Financial Chronicle (1774) When Per Share Name of Company Kittle Miami National SOo (quar.). $1.10 - *25c 12- 1 11- *12(4c 1 11- 1 *25c 12- 1 11- - 12- 1 11- (lrreg.) $5 (irreg.) $6 preferred (quar.) Long-Bell Lumber (Maryland)— $1 Common 8% $4 class A Lorain Coal 6% Louisville Lovell Nashville & Adams 6% Lovenstein Stock Lucky M & 88c 11-30 stock for 60c National 1 preferred conv. Co., 12-15 11- 1 National 11-15 11- 5 U- 3 5% 15c 11-17 11- 3 25C 11-15 11- 3 National Oats (4c 12-14 10- 3 National Paper Service Linen Corp., Co. 11- 12-15 11-15 5% preferred *5c 12- 1 11-15 5% preferred 6 6 12- 1 11-10 *15c 35c 12- 1 12-15 11-10 Peninsular 12- 5 11-15 5% preferred 12- 1 $1 preferred pfd. 1 $1 preferred 12- 9 12- 1 11-15 11-10* Perfect 11-20 Perkins 10-31 11-15 10-31 62'/2c 11-15 62(4c 2-15 62lie 5-15 62(40 8-15 25c 11-25 47(4c 11-15 53'/sC \ JL1-15 10-31 (quar.) Philadelphia Dairy Products Co.— $4.50 1st preierred" (quar.) $4 non-cum. 2nd preferred (quar.) Philadelphia Electric Co., common (quar.)_> $1 preference common (quar.) Philadelphia Suburban-Water Co., common- $1.75 20c $1.12(4 $1.25 85c 25c 25c (year-end) (quar.)— common Extra ; 25c Maltine Company Marathon 5% Co. Corp., quar.); common (increased) common tion 11- 3 11- 3 4(4% preferred (quar.) National Trust Funds— 11-15 12- 1 1 11-14 11-10 12-20 11-30 Massachusetts Bonding & "(entire (4 % Insurance for Nov. 9 at $30 per share Convertible into 1- 2 12- Common Special prior to preferred 1947 McBrine-(L.) Co.,,Ltd., McBrine Fund, Inc. McColl Frontenac Oil Aircraft 11- 11-14 Pressed Metals 11-10 Procter & $1.06(4 20c 11-15 11-24 12- 1 11-15 12-16 20c 12-15 11-30 50c 11-15 11- 3 25c 11-15 11- 3 60c *25c *5c 11-15 12- 1 11-17 11- 1 11-10 Public Service Co. 11- 9 Public Service Electric * 2c 11-17 11- $1.50 12- 8 12- 1 11-15 Vulcanized Brothers 11-28 11-28 New 12- 11-17 1 Calumet Extra 12- 1 11-15 12- 1 11-15 New York Air Brake 12- 1 11-15 New York Chicago 12- 1 11-15 1- 2 12-13 12- 1 11-17 12- 1 11- 1 12- 1 11- 1 *25c (s-a) 50c 11-28 12-29 New Jersey 6% Zinc Co. preferred series 25c 2 $4.50 (quar.) preferred 60c 1-2-51 12-19 50c 4-2-51 3-19 *50 '/4c (quar.) : $1.00% 4- 12- 11- Industry Bond Preferred Pacific Corporation, Agricultural Stock dividend for each 11- 1 1 — - Aviation (quar.) 11-14 Bank 12- 1 11-14 Building Supply 25% 12- 1 11-14 Electrical 50c 12- 1 11-14 $1.06 V* 12- 1 11-14 Insurance share a Stock 15 c 11-15 11- 1 25c 12-15 11-22 Public $1.75 11-15 10-31 Railroad 6c 11-20 11- 7% preferred Co., (quar.) Mercury Messenger Metropolitan Edison, 3.90% preferred 4.35% Miami Mica Co. of 3.85% Co., common Canada, pfd. Petroleum Mid-West Abrasive Tobacco I- 1 12- 5 Government 12-29 Corp. Oil Co. Co. (quar.) 11- 11-20 $1.20 12-11 11-17 3.40% 12-15 11-15 3.60% 12-15 11-15 3.90% 12- 5c Mississippi Power Co., 4.60% Missouri-Kansas Pipe Class B Mitchell Mitchell (Robert) 11-10 10-25 11-15 10-25 11-15 10-25 11-15 10-25 $1.15 1- Co., (quar.) preierred (quart.) 4% adj. North 12-15 Northeastern Water, 11-30 Northwest 11-30 Northwestern National Minn. Minneapolis, Public 4'4% preferred 5(4% preferred 12- 8 11-28 Scotia series Montana-Dakota B Utilities Co., Mills Paper Motor Finance Motor Products Diablo 1 11-20 12- 1 11-20 Ohio 12- 1 11-20 Ohrbach's, 20c (quar.) com. 1- 2 12-15 $2.25 preferred A 1- 2 12-15 $2.25 preferred (quar.) Flour Match (quar.) 11-10 10-14 11-30 11-16 11-30 11-16 50c (s-a) 1 11-15 11- 434% Inc., 4% Inc., Extra Corp. (s-a) . . inc. TV, Murphy (C. (initial) G.) Ontario Steel 11-30 11-10 11-30 11-10 Common 12-15 11-15 11-15 of America, preferred (quar.) 37 %c (quar.) common (quar.)_ 50c 50c II-30 12- 1 12-18 1- 2 11-15 11-15 12- Outboard 8 A conv. Chemical preferred pref. Co. ok shares 50c $1.50 12- 1 $5 Nashville, Chattanooga Quarterly & 10c St. Louis Acme Co. & 11- 10-27 Co., (quar.) Extra Finance _ Gas 5(4% Co. 12- 1 11- $1 12- 1 11-8 8 50c 11-21 11- 7 50c 11-21 11- 7 Co. 5% . 5% preferred 6% 11- 6 11- 11-25 6 11-25 11- 6 $52 common 1st preferred 11-25 1111- 6 11-25 11- 6 Remington 11-25 11- 6 11-25 11-25 11- 6 11- 6 11-25 11- 6 27c 11-25 11- 6 Revere 11-25 11- 6 Reynolds Spring 11-25 11- 6 Reynolds (R. 11-25 11- $1.60 (quar.) Electric Class 6 11-25 11- 6 50c 35c 30c 85c 90c 97(4c 12(4c $1 75c 12- 1 12-20 12-31 12-31 12-31 12-31 12-15 12- 1 12- 8 11-15 (year-end) B Co Tobacco, common J.) (quar.) 1 Rockland 12- 1 Rohm 12- 1 12- 1 4% 12- 1 Rcliand 8 Roosevelt Gas Co. (quar.) Hass 8: Co., common — (quar.) Paper Co., Ltd., Oil preferred 11- 9 all 11- 9 Ross Refining, & 11- 6 12- 10-25 12- 1 11-25 11-15 Safeway (increased) 1 11-15 Saguenay 1 11-15 St. 12- 1 11-15 St. 10-31 12-15 12- St. 56(4c 56(4c 56(4c 12- 1 3-1-51 11-15 6-1-51 5-15 11-15 10-31 11-15 10-31 11-20 11-10 San Antonio Gold 11-30 11-20 San Antonio Transit 12-30 11- 1 10-30 11-20 4 10-31 5 2-15 conv. 12-20 Savage $1.12(4 12- 1 11-10 Sayre 12- 1 11- 1 preferred 1st preferred Co., Paper 10-16 12-15 1- 2 11- 11-15 10-30 A preferred (quar.) 1-15 1- 1 2 11-15 10-25 12- 11-15 1 (quar.)__ (quar.)_ vtc $4 Paper Scovill 1 11-10 37(4c 11-15 10-31 11-15 10-31 11-15 31 (4c 11-15 10-31 31(40 30c 11-15 10-31 11-15 10-31 75c 11-15 10-20 12- 10-31 Co., Co. Inc. Mfg. preferred Air Line 11- 3 1 1- 2 12- 1 11- 6 11-15 10- 6 12- 1 11-22 12- 1 11-10 11- 8 11-15 10-20 2- 1 5- 1 8- 1 12-12 2- 1 2- 1 1-18 4-18 7-18 11-30*1 11-15 10-27 $1.07(4 91 (4c Oil 12- 1 12- 1 11-14 11-14 12- 8 12- 1 11- 6 1-18* 1-18*,| Co.— Co. Surety Roebuck (quar.) (quar.) RR. preferred A (quar.) (Del.) (quar.) non-cum. & Co. (quar.) Co. (quar.) Extra Securities Acceptance, Common 5% 12- 1 11- 3 12- Co.— preferred Sears 12-15 12- 1 50c 85c $1 30c (quar.) Co 3.65% 5% 1- 4 12- 5 12- 5 27(4c 27(4c 27(4c (quar.) common 4.30% Seaboard 1- 4 1-25 12-15 12-15 35c 7c 50c (quar.) (quar.).. (quar.) Dillon Seaboard 1-25 50c 50c *7c 12(4c (quar.) A preferred preferred Scotten, 1- 4 1- 4 Co. preferred $3.40 1-25 1-25 $1.10 (quar.)— Ltd preferred A (quar.) 5(4% preferred A (quar.) Scott 12- 4 12- 4 12- 8 11- 4 $1.25 15c (quar.) (quar.) Mines, Industries, Seaboard 31 (4c (quar.) A 5(4 % 11-24 12- 4 1- 2 1- 2 1-2-51 11-15 *$1.50 *60c common.. Corp...—. Arms 5(4% 10-16 — (quar.) Co., common & Fisher Brick 11-15 12-14 10c preferred Schenley 11-15 343i»c pfd. Ry. Francisco Extra 4.40% 12-14 *50c *1834c . Extra Regis 1 Corp., Louis-San 5% St. 60c 70c pfd. (quar.). 11-20 40c 6% preferred Corp. Co. 11-20 12-11 11-10 12- 4 12- $1.25 (quar.).. *$1.06(4 Ltd.— $2 1st preferred (quar.) 75c 2nd preferred (quar.) St. Lawrence Paper Mills Co., Ltd.— $6 1st preferred (quar.) $2.40 2ncl preferred (quar.) $1.25 (Del.) (quar.) redeemable Lighting Paper 4(4% Ltd., Power, Croix 11-20 1- 2 $1 (increased quar.) - Lawrence $1.12(4 8 30c preferred (quar.) preferred (quar.). 12- 20c —I_. Co., 1st 1st (quar.)__ ' 30c Stores, Inc., com. Extra 12- 50c 40c 11-15 12- 8 6 20c 11-15 12- 1 11- 1 11-10 11-20 11- 5% 12- 1 12- 1 12-10 11-15 12- 1 40c - 11-10 11-10 11-30 10-25 10-25 clears — (quar.) Corp. Ruppert 4% 12-15" | 12- 1 12-15 11-15 11-15 convertible payment — Extra 11-10 12-15 1-2-51 43%c 6% This (accum.) arrears. Industries 1-2-51 $1.25 25c 50c 50c 12- 2 (Jacob), 4(4% preferred Russell-Miller Milling (quar.) 1 11*11 12- 6 12- 6 11-10 12- 1 10-25 12- 12- 1 12-29 12-29 12-29 11- 6 12- *40c - 12- 1 12-15 $1 *$1.50 *$1.75 35c 10-11 11-22 $1 pfd. (quar.).-*$1.06(4 10-18 3 10-27 11- 9 12-14 35c (quar.) 4(4% preferred A 11-22 11- 11-15 4% dividend Stock 11-10 $1 30c . —. 11-15 10-27 Electric Corp.— & Gas preferred series F (quar.) 4.10% preferred, series H (quar.) Rock of Ages Corp. (quar.) 12- 8 (quar.)*. 4% 12- . $1 $1.02(4 25c (quar.) Rochester 6 $1 (quar.) preferred redeemable 4.80% 6 11- 11- , , *5c A 11-25 45c _ & (quar.).. common Copper & Brass, Inc. 11-25 12- Inc., Extra 21c $1.12(4 (year-end) of California Corp. redeemable Pacific Rand, $4.50 Class . 25c $1.12(4 Knitting Mills, Ltd., non-cumulative preferred Regent -i 50c 50c (quar.) (quar.) preferred (quar.) Renold-Coventry, Ltd., 6 j *28c Company, $4 non-cum. 11-25 - . 11-20 12- 1-, 11-15 25c Extra Reading 1 1 . 10'/2c 50c 50c this dividend.) share plus per Ray-O-Vac Company (quar.) Rayonier, Inc., common (quar.) 6 11- (quar.) Co. Power Mining Co.™ Railway & Light Securities— 4% convertible preferred (Entire issue called for redemption on Nov. 20 at Schwitzer-Cummins (increased) common preferred 1st 5% 75c 11-25 11-25 60c preference Pacific 8 Co.» Quincy *$1 Mfg. Glass 12-21 Ry.— —IIIIII' Extra National Marine Paper Pacific 12-28 10-16 11- 3 Oats (quar^)_ Quaker State-Oil Refining Corp. *$1.75 Special 11-17 6 Products, Ltd.— Quarterly (irreg. t (quar.)__ (s-a) 12-22 Mutual Income Foundation— Beneficial Ry. America— (quar.) preferred conv. (increased) Owens-Illinois Oxford (quar.) Quaker (quar.) common preferred $3 (quar.) A preferred (quar.) Oswego Falls Corp. 4(4% preferred (quar.)____ Muskegon Motor Specialties Co.— class _ 7% 12-15 (quar.) com. common Quebec 35c 15c Company Murray Corp. 11-30 11-25 12- 1 Co., $1 (quar.)_ A (quar.) A 4(4% & preferred (quar.)_ Corp preferred Ontario 35c Producers ; 12-15 *25c 15c Oil 20c (year-end) (quar.) Gas Co., Natural Coal Co. $2.25 Industries, Omar, 3' (quar.) (quar.)— - 50c $0.59375 (quar.)_ (quar.) TUbe preferred Ben Olin pfd. 7% — 5c Extra Mountain Co. Seamless Old 11-16 11- 3 12- 8 11- 1 11-30 50c (quar.) 25c Ltd., Mills, Extra 1 12- 25c com. 11- 12-15 60c (quar.) II-15 lc Inc., 75c 37 %c 20c Inc. 12-9 12- 1 1- 2 11-30 12-15 Inc. Extra- 85c A preference Ogilvie Oklahoma Corp. (quar.)_. Corp. (quar.) Co. 12- $1.05 Co., preferred Lines, Morrison-Knudsen Mosinee 10- $1 (quar.) preferred (quar.) Moody's Investors Service— participating 12-29 6 62'/2 c 4.20% Moorc-McCormack 9 50c pref. conv. $2 50c $1.25 $1.50 40c 20c 4.08% 60c & 1- Ohio 11- Ltd.— Power, (quar.) Light II- Co.— (increased quar.) (quar.)_ com. (quar.) 6% 11-25 Co. (quar.)__ 11-20 5 11-30 11-30 10-24, | 11-16 $1.12(4 $1.31(4 Service, 11-15 2 Nova (quar.)— 12-22 12-22... 11-15 12- 9 35c 12-15 7(4c Year-end Insurance — 75c Corp Monsanto Chemical Common (quar.)— Life 12- $1 Liqueur (quar.)™ prior pfd. $4 Bancorporation Northwestern Extra Mohawk (quar.)__ - *50c (increased) preferred (quar.) Power k Light Co. 35c $1.02 20c $1 Consolidated Oil American Extra 12-15 (quar.)— preference ~ 25c (quar.) preferred 2 2 11- common Mexico Gas— & 50c 12-16 I- _ preferred *50c Containers, Ltd Mohawk Carpet Mills, Inc. 6% preferred common— (quar.) Extra Company, Ltd.— Semi-annual $2 A 12-16 *$1.25 Corp., Power class 40c — common Modern Mutual Mohawk conv. 2c Line sT)~Co™Ltd~—II———1221 (J. 11-15 37'/2c (quar.) 11-15 $1.37 (4c pfd. Bonds (quar.) Niagara Share Corp. (quar.)_ Nopco Chemical Co.. $4 pfd. (quar.) Norfolk & Western Ry., common (quar.)™ 11-17 12-15 30c (quar.) com. $5.50 1st preferred (quar.) $1.50 conv. 2nd pfd. (quar.) 1 12-15 25c Minneapolis Gas Co Minneapolis-Moline Co., — Niagara 11-15 11-30 50c (s-a) 1 Newport News Shipbuilding & Dry Dock Co. 75c (quar.) 11-15 11-15 (quar.) New Puget Sound 6 11-30 83c 7c Equipment 12-22 3 6 11- 10-31 ll- 3* 11-10 25c 19c 30c Extra 4% Steel 5 50c Midwest Muntz 5 12- $1.12'/a (quar.) Extra Mount 12- 1 25c Mid-Continent $3 Railroad 1 1- 37 (4 c Mickelberry's Food Products Co. (year-end) $4 1 1- c $5c 4%% Utility $1.08% (quar.) 1• 96'4c (quar.) Ltd Michaels Stern & Co., — 97 (4 pfd. (quar.)__ (quar.) preferred Eddge (quar.) common 6 11- 11-25 11-15 11-15 $1.06(4 $1.05 quar.) of 15c Oil Stores 11- 11-25 12- 1 12- 1 ; 11- 3? Hampshire)— 9c ; Mercantile (Initial (New Co. 13c 16c Metals Special 6 11-10 10-25 *20c 15c Machinery Merchandising 1 2 (quar.) (quar.) preferred div. $1.40 5% 11-28 12- 1 11-15 12-28' 10-31 e (quar.). 3.35%. Pure 12-18 25c65c (quar.) Ltd.: preferred Service 12-18 25c _ 11-15 of Colorado Co. 11c 10-31 11- I- Co. Mines, 10c Stock 12-15 11-15 America of Gamble 4.20% Public (resumed) Inc. 17c 11-15 62 (4 c 11- 18c 15c 37 (4 c (quar.) 11-25 11-25 14c - common Inc. 6 13c — — Chemical (quar.) Co., 11- 20c i Meadville Telephone Co., 5% preferred (s-a) Frank 10c preferred Quebec 11-25 19c —— Meier & 8 12- 8 26c " * . Food (One-quarter of held).. common 12- 16c Fund Automobile 12- 1 preferred (quar.) preferred (quar.) 8 24c 2 12-15 12- 2nd 12- 18c Fund Stock _* 60c common 10-20 7c 8c Series— Investment Coast 40c Extra 11-17 21c Shares Diversified (quar.)_: Inc. 12-20 11-15 1- 1 1- 1 1- 1 Per Share Corporate 1 $10 42(4c 9334c $1.12(4 $ 1.12(4 Fund Investment 60c Robbins, 1- 1 11-20 4(4% 11- 9 1- 2 11-15 50c - — Plymouth Rubber Co., Public Service 12- 1 1-15 12-8 2% (quar.). Co. dividend Proprietary 11-24 $1 $1.75 Co Oil 12-11 50c Extra- Diversified 12-19 9 York Stocks, Inc,— Series 3-19 (quar.) 1- 2 com. preferred (quar.)— 4(4% pfd. (series 1949) (quar.) New 1 11-30 Tool Pullman, A Diversified 25c 50c 3%% 12-13 (quar.)_ & (irreg.)— Co. (quar.) 11- 1 & St. Louis RR.—• (accum.) New York State Electric <fc Gas Corp., 11-15 62 (4 C Common McKesson (quar.) Ltd Mines, *50c quar.) Extra " (quar.) 933/4C> (s-a) Ltd. (quar.) (year-end) Newfoundland 12-15 75c (quar.)__ (quar.) Mines, Co. preferred (quar.) _* Light <fc Power, Ltd 12-15 Corp.— (quar.) Porcupine Fibre Extra Common 4(4 % 25c $1 *$1.25 11- Common 4% Stock Naumkeag Steam Cotton Co. Neilson (William), Ltd., 5% pref.- (quar.)_ Neiman-Marcus Cb'., 4(4% preferred (quar.) (initial Mead Plymouth 10-31 National Common Mclntyre 10-31 11-15 12-11 *35c $2.50 11-15 *$3 Corp., common (quar.) preferred (quar.) McDonnell 12c 5c 12-20 • __ - 4c 85c Ltd. Co., Extra equipment shares Extra Extra McCord (extra) (quar.) Plomb Neptune Meter Co., common 1 preierred Co. 10-31 933/»c series Screw 10-31 re¬ (quar.) $3.75 10-31 20c 91 '4c 9834c $2 $1 8c (quar.) (quar.)_Philadelphia Title Insurance Co, Phillips Petroleum Co, (quar.) 11-15 $2.40 com. preferred- 11-15 Retail trade shares 11- 9 12-15 12-15 11-21 11-21 11-10 11-10 11-10 11-15 11-10 11-24 prefeired 11-15 12c preferred $3.65 $3.95 5c Railroad 2 11-20 f I 9c series 8 *25c $3.75 10-31 Co. 4c series *50c May Department Stores Co., $3.40 preferred (quar.) 10-31 11-15 Gear k shares 8 11-15 12- 1 1-1-51 1*1-51 12-31 12-31 12- 1 12- 1 12- 1 12- 1 12- 1 12-11 (special) Corp. groups 12- *24c Ltd. Maxwell, 11-15 10c 12- „ 1 11- 3 Circle Pillsbury Mills, common (quar.) $4 preferred (quar.) Pittsburgh Plate Glass Co. (year-end) Neisner (quar.) r 7-31 11-10 11- 3 10c 12-18 on $1.75 $1.12(4 $1 37(4c 25c — (extra) RR. Machine Phillips 12-18 stock up to and day 1-31 common ^ 12-15 11- 4 2- 5 11- 4 2- 5 10-16 11- 3 11- 6 11- 3 preferred 7% 4-30 Ltd., Selected 10-31 4 pref. conv. redemption common Pennsylvania jV. Preferred stock series Co.— plus this dividend) Including the 10th demption date. 12-15 estimates are 7C Corp 6*4% Ltd., called Pennsylvania Glass Sand Corp. distributions: 15 20c 40C Co., Issue" (quar.)— preferred 20C Quarterly Massey-Harris (quar.) amounts shown below Balanced a2 Ltd., ordinary (interim) Bancorporation (Seattle)— Special Christmas payment Special Christmas payment Products Products, Inc. of the Nov. Stock series Communica¬ Co., Magnesium (guar.)— Starch The '. Marine Marine preferred Penman's, Railroad $1.25 (quar.) International Marine 5% National 11-17 12- 45c - preferred liarconi National Tea Co., 3.80% 11-15 25c (Increased Realization, 11-15 1 35c ' Mar-Tex 11-15 11-25 12- Be Extra Manhattan Shirt 5 12-15 25c (quar.) 12- 25c 25c . Company, commonpreferred A convertible (quar.) 12-15 12-15 1 j| 1 j 62(4c 1-2-51 25c 11-15 25c 2-15-51 33c 11-15 33c 2-15-51 *75c. 11-15 20c 11-13 50c 11-30 13c 11-27 preferred (quar.) preferred (quar.) $1.32 11-24 11111111- 1 1 10-26 (quar.) (quar.) 11-20 11-15 12- 1 12- 1 12- 1 11-15 (quar.) 12- 11-17 $1.32 10-23 12- 1 10c 31'4c 50c (quar.) common 12-15 (quar.) $1 Telephone, 12- 1 12-15 1- 2 1- 2 1- 2 (quar.) 25c Magnavox j 11- 11- (quar.) MacLeod Cockshutt Gold Mines, Ltd I"- 12- 1 12- 1 Extra MaeWhyte Company ; $1.07 $1.1834 participating preference (quar.) Pcabody Coal Co., common (quar.) Special 5% convertible prior preferred (quar.)— Peninsular Grinding Wheel Co. (year-cnd)_ 25c 11-15 1 25c 6 (quar.)-—. & Type, 25c (quar.) Co. Inc. Drugs, 11-20 11-6 8(4c 10c Co. (year-end) ((Kansas City) — 11- common preferred (quar.) preferred (quar.)—: Malleable k Steel Castings *3c Woodworking Mines, Ltd & 11-30 25c (quar.) Corp. Parkersburg Rig & Reel $1.12(4 4(4% 11-17 Nat'l Park 6 12- 9 (increased)- common 11-15 — Distillers Tilford 11-15 11- 11-30 12-15 11-20 75c Co Extra 11-15 11-8 12-15 1- 2 11-30 20c Electric 12- 8 $1 20c (quar.) preierred I Cc.— (quar.) 25c Gypsum preferred 12-28 (s-a)-_ 4% Paragon Line Pipe 1 11- Transport Co.— & J Eastern 11- 50c Petroleum American Extra 8 1 11-15 11-15 50c - dividend Parkview Extra $4.50 25c Oil Co. 12- 9 (quar.) 50c ; 25c 12- 11- 50c 5% Extra Stock Pan 11-15 50c * 12 % c ; 12 (4c Consolidated 12-11 held)- share each Common 12-15 11- 10-20 15c 11-15 12-30 12-11 (quar.)— preferred (quar.) preferred (quar.) National Drug & Chem. Co. of Canada, Ltd. 11-15 12-30 Common - (quar.) National Lead Co., 7% class A (quar.)-. ' M 12-12 Panhandle 5 15c (Del.) Corp. r, 4%% 11-17 6c common Corporation JMacassa 1 2 (4 c (quar.) Co. M. M. 12- 5 12- $1.25 $1.75 common™ 25% k Sons, Extra & 8-20 $1.50 Inc. (quar.) (quar.); Steel Lynch M. J. 12-20 dividend Stores, Lukens 1-2-51 common preferred (M.) 11- 3 4-1-51 Co., 4(4% 11-13 1 62'/2C (quar.) (quar.) RR. Factors, convertible 1 12- 62 (4c & 12- $1.50 (Missouri) (year-end)— Co., 5% pla. (quar.)> preferred (quar.) Taylor, 6% 1st pld. Lord $2.50 — Dock & 12-22 1 8 12- 50c (quar.) common (year-end) Long-Bell Lumber 1- 11- 12-20 $1.75 National Cylinder Gas Co., com. (increased)Stock dividend (15/1,000th share of 12-20 12-30 8 10% Container Extra 11-20 11-30 12- (extra) Register Casket National Dock Joint Pipe— Common Cash preferred $7 12- 1 1-15 11-30 12-20 50c 50c dividend National 1 10-31 11-10 common (quar.) preferred Stock 1 *l2(4c (quar.) Extra 7% National 1 12- (quar.) 11-15 Holdert Payabbe of Ree. Share of Company Mills 11-15 (increased) Fibres, Inc. National Biscuit Co., 2-20 $1.00 3-10-51 Doblaw Groceterias Co., Ltd., class A Extra Pacific 10-31 When Par Name of Rec. 15c - Monday, November 6, 1950 . . Holdert 35c (quar.) Corp. National Automotive 2-20 11-21 12- 9 Alumlnate Extra 11-21 50c 3-10-51 Special stock (quar.) •4.30 original stock •4.30 original stock B 12- 9 When Payable Per Share . Name of Company Railroad- Special stock Class Holdert Payable of Rec. . preferred (quar.) common $1.25 12-27 — 40c — 50c 12-15 11-13 50c 75c" 12-11 11-10 12-11 11-10 12-28 12-10 7(4c 7(4c 31 (4c 2 12-10 1- 2 12-10 1- olume 172 Number 4957 . . The Commercial and Financial Chronicle . Per Name of Company Trick Corporation, 90c class A Steel laron lawinigan Water & Power Co., 4 % preierred 4%% 12-15 12-30 12-15 J30c 11-25 A B 1- 2 12- 2 Stowell 2 12- 2 Stop & Shop, Co., 4 % Class Suburban Electric 12-30 12-15 Suburban 75c 11-15 10-31 Sun 12- 11-15 $1 (year-end) mpson's Ltd., 4V2% pfd. oux (increased) common Co. Oil Steel ___i; 11-15 10-14 40c 10-24 10-19 40c 10-24 10-19 12-11 11- $1 12-20 12-11 Sylvanite 12-2U 12-li Symington-Gould 12- 9 11-17 12- 9 11-17 12- 1 11-10 $1.05 12- 1 11-10 Taylor-Wharton Iron 30c 12- 9 11- Tennessee (extra) preferred 4.20% (quar.) Oil (quar.) Extra 25c Aircraft, lventol preferred (quar.) Products, Inc. (irreg.) 90c Chemical notone' Corp., Bend uth West Works A utherir Greyhound Natural % 6 11-17 II-30 11-15 11-30 II- 5 11-30 11- 5 Associated preferred Telephone (quar.) 4. uthwestern Jdmmon aiding Public Service (quar.) (A. & G.) Co., preferred ericer Kellogg eficer Shoe Corp. Inc., common iegel. 4/50 Sons & preferred preferred \mford Water Co. mdard -Extra B3.50 Cap i% 8 Oil Co. (Indiana) dividend Oil Co. •held.) United 30c 12-15 11-15 12-15 11-15 12-15 of (One N. 11-15 tl2%c 12- 1 10-31 12- 1 10-31 (quar.) (quar.) for each 11- 6 U. S. 10-16 U. S. $1 12-11 11-10 U. 12-11 11-10 12-11 75 11-10 shares U. 12-11 (quar.) 12- 25c 11-16 1 11-15 12y2c (quar.) 11-10 11- (increased Spring 1 nreferrpd % ;in (A.) & (quar.) Stores Co. 12- 1 11-15 12- 1 11-17 Weston 50c 12- 1 11- Wheeler, Potash Co., 3 10-20 11-15 10-20 10-10 White's 11-18 $37c 11-15 10-16 11-30 10-31 Steel United Stores, Corp., Insurance Pictures Universal Winding Co., 90c 12-29 12-1B 50c 11-15 10-31 12- 11-24 Corp.. 8 Upper Canada Ltd White Stock 20c 12-20 12- 5 11-15 11- 1 12- 10-31 $25c 1 5% Wilcox 12- 5 (quar.) 50c 12-15 11-15 11- 3 Winters 11-14 11- 12-16 11-22 & 11-21 11-15 11- 4 11-14 10-30 11-14 10-30 Corp.— 100% 11-16 11- 3 15c 11-15 11- 1 12V2c 11-15 11- 1" 11-15 11- 1 31V4c 11-15 11- 1 15c (quar.) common preferred (quar.) 11-22 10-31 11-22 10-31 (quar.) common Electric preferred 5% 15c Corp. Power (F. Power, 30c & Light Co. preferred Worumbo Mfg., 10-20 Wurlitzer (Rudolph) 12-20 11-30" Yale yl- 2 12-16 11-15 1- 2 12-15 11-15 1 11-15 50c 12- 1 11-10 a3% 12- 8 10-27 (s-a)__:- preferred $2.50 12- 25c 12- 1 11-15 50c 1- 2 12- 8 50c 11-22 11-6 Company (increased). Co. (increased quar.)__ Mfg. — 1 11-15 11-1 12- New 1 1 11-15 12- . Youngstown Sheet & Tube Co.— 1 12- prior 10-31 11-30 ;_ Special 12-16 12- 5% 11-15 30c 31'Ac 12-15? 75c 11-15 28c (quar.) 11-24 12- 11- 3 1-15 1 (quar.)__ 8 12-15 1 1-31 12- (quar.) common 12- 12-15 12- 90c 50c 35c 10-18 $1.50 W.) Towne 11-15 common 11-17 & 11-15 15c (quar.) Industries, Inc., convertible 1-31 12-30 (quar.) (quar.)_^ preferred 2-21 $75c Co 1 11-15 $2 62%c 20c tl5c $1.50 1 12-2.9 (initial) 75c L Gold Corp., books tPayable 10-27,, 12- 1 11-15 (quar.)_ $1.06Vi 12- 1 11-15 pfd. (quar.) 22%c 12- 1 11-15 $2%c 11-24 10-24 in tPayable 12-15 11-15 25c in resident a tax Less U. not S. closed Funds, for less 15% Canadian Canadian funds, tax resident tax 7%. income 10-31 1 dividend. this deductible 15%; British 11-17 12- Ltd.— Resumed "Transfer 11-17 12-15 }6c Consolidated 12-15 * 25c common Extra Yukon 1— Mines 8 37y2c (quar.) 12- (quar.) 11-10 12- 15c $1.06Vi 2 11-10 12-1 50c (quar.)__ Company (quar.) Woolworth (F. W.) & Co., Ltd.— 6% preference (s-a) 1- 1 Rubber Crampton Wisconsin 1 10-31 6 11-10 12- (quar.) Woolworth 11- 1 95c Corp. Mfg, Stores, Electric 3.60% $6 11-15 12- (interim): Machine Co., Wisconsin 35c 11-10 12-15 40c common______ Extra 11-14 12- Co. 15c Oil 6% 1 2- 1 12-15 10c Winnipeg 3 1* $4 (quar.) Co. convertible 10-31 56 Vic conv. 11- (irreg.) Corp., Instrument $1 pfd. 11- 11- 1 11-15 Extra 11- 3 common... 4'/4% 11-15 11-15 $1.25 2-15-51 Brake Brothers Common (quar.)— $7 75c $1.25 (quar.) dividend Auto 11-30 — Co., 1 $1.12Vi Alabama Dental Sewing 11-14 (quar.) preferred $6 Co. 1 12- Extra 75c (quar.) United 1 12- 12-12 50c Whitehead 11- 9 12- 1 12-14 Air S.) 11-15 (quar.) Spring & Bumper Co., of Osgood 50c $1.12V* $1 Universal 37y2c quar.)__ 3 35c 11* 11- 12-12 Paper—• (quar.)^ preferred 10-20 common 11-20 11-21 75c $1.25 (quar.) & Electric Electric 11-15 22%c/1-2-51 11-20 12V2c (s-a)___ 10c 3.80% $35c common preferred 10-31 10-25 40c 10-20 Printing & Lithograph Co., common.. 5% preference series A (quar.) S. 11-15 Extra 11-15 (special-liquidating) (quar.) 11-15 — (increased $1.06,/4 (quar.) common 12-10 11.25 tauar.i Co. Brothers 11-22 Corp.— preferred (quar.) 12-10 '10%{ • cher-Traung Lithograph Corp. Tchi 1 Westinghouse Machinery Universal :___— 12- 20% 50c quar.)_-._ —_——_ 50c preferred (s-a) Lumber 4%% 1 Woodall J.), 8 $20c Year-end dividend (N. 8 11- (quar.) Railway Westinghouse S. U. 3 preferred A 10-27 Pipe & Foundry S. 3% Western 12- 25c Playing Card Co., Special U. 1st 87%c 12 V2o Steel dividend Stock 11-27 Extra Cx'tra iridard 6-15 12-15 7% $1.75 S. $1 6-25-51 ; Co. 11- 11-15 (quar.) Western Pacific RR., common 6% preferred A (quar.) Storage Corp. Lines 4y2% 11-15 50c 3-15 11-10 (quar.) participating 10-25 11-10 11-15 Breweries, Ltd, Ry. Co.— preferred (accum.), $1 Hoffman S. 12-23 __________— Silica Coip. U. Standard of Cold 4V4% 75c „___ 12-15 Improvement Co. (quar.) Merchants & Manufacturers, Inc.— S. 25c ___ (quar.) 10-31 Gas Stock 1 1 (quar.)— share J. S. 11-10 15c (quar.) Co. Gas 11-15 quar.) Quarterly U. 11-10 $1.06>/4 Canada tlOc preferred United 1 50c mdard Railway Equipment Mfg. Co. mdard 7% 1 —$$1.25 Inc. California of Co. Oil 1-15 11- 12- 11-15 lr2-51 4-1-51 Special 11- 40c 11-10 Engineering & Foundry Co.— (quar.) 11-15 : mdard 1-15 yl2- 12- Common U. special Stock United 11-15 — (increased 11-10 1 (quar.) Corp. Pulp preferred 12-15 Special 1 45c (quar.)__— of N. J. B Co. Virginia 92y2c 11-15 1 Ohio West - (quar.) preferred (quar.)__ 12- 2- West 11-30 (quar.) 4%% 1 12- $1.12% Corp. Sugar 1 Western 12- Co. (quar.) ; 4y2 % 12-22 40c $1.13 common (quar.) Mfg. Indies 15c (quar.) Lines, Ltd.— Extra 11-15 50c California of 25c $1.12% 11-24 Wentworth $1 25c 12- 11- $1 Corporations, Ltd., class A 12-15 1 $1.12% United 12-14 11- Co., 11-15 • 20c White- (S. 11-15 Class 11-15 11-15 5 Worts, Year-end Missouri— 11-10 common Co., mdard Fire Insurance Co. mdard Co. D.) Light Steel 11-10 (quar.) preferred Oil Gas 12-15 60c (quar.) preferred $3.50 Union 87%c Ltd., Products Coil preferred $3.70 11-15 12-15 11-15 & (quar.) preferred 12- 5 (special) Corp. 9 _______ 11-30 (S. preferred $15c 11-29 preferred (quar.) inderd $4 11-17 1-15 25e (quar.) 12- preferred ' (quar.) Co., preferred 11-17 12-15 $1 pfd. Caxbon of 12-15 $$i $75c 25c Ltd. Co. Seai Corp.— & Chemical mdard Electric $75c (quar.) Gooderham 12 V2c 50c (quar.) convertible 31.60 Union 8 $1 — preferred 12- 20c (quar.) 12-11 11-10 11-10 Washington West (quar.) (L. A.) (quar.) 4%% Co., & 1 1 common Air — Brands, Inc., common J mdard Co. Elevators, Carbide 12- 2- 11- 1 Western Maryland — (Conn.) _i__l • Inc., Co. Union 12- $4?'preferred series A (quar.)_ 3xira. & Edison 11-15 12-15 $1 11-15 12- 12- 8 (quar.) common Waterous, Ltd., class A (initial) 20c 11-20 preferred $4.50 50c (quar.) 25c Brothers $4.25 1 • 7-17 11-30 Washington 10-20 11- 50c Products Trust 11-15 11-10 11-15 11-15 50c Ins. 12-15 (quar.) $4.50 (quar.) (quarterly) Toledo 1 11-10 preferred Mills Title 40c 11-30 1 1-16 4-17 12-20 Common 20c (quar.) United (quar.) common Warren 50c Corp. 5 (resumed) __i 11-7 12- 2-1-51 8-1-51 25c (H.) 11-15 11-17 5 5-1-51 Extra 1 Quarterly 4 12- 1 1 12- 37%c Company__. Common 11-15 a- 11- (increased) & 1-2 Quarterly Toronto 1 Co.— 11- —— Walker 12-30 I ____ (quar.) 11-25 2-1 12- la-iv 35c Detinning Co., 20c 11-15 1 12-15 Co.— 11-15 12- Walker 40c Co. 11-15 (quar.) & Sons, Mfg. 12-15 1 11-25 __J » Glass .12-15 12- 12-15 50c Co. Power 12-15 Vulcan 5% Oil Water $1.15 (resumed) (E.'R.) & Tide 1 11-15 10-31 50c 4% preferred (quar.)_ Thrifty Drug Stores C6., Inc 12- 12-15 11-14 37y2c 10-31 11-14 37 %c 12-15 ______ 1 25c (quar.)_____— 11,-15 1 8 37y2c 25c ___ 12- 30c (quar.) (quar.) Vogt Manufacturing Corp. Vulcan Corp. (initial) 10c- Transmission 6 35c (quar.)_ preferred (quar.) Steel 12- 50c * & 11- 28c common 6% 25% convertible $2.40 $4.50 (quar.) Bros, — Chemical 2 1 1-17 10c (irreg.) (quar.) Co. 11-10 $1 25 Inc. Virginian Railway— 6% preferred (quar.) 50c 10-20 20c — 11- 1_ Coal _____ Thatcher Co.— : Extra 4.60% (quar.): preferred 11-15 ___• 6 I'j $1.37%* Co.— 6% 25c (quar.) 12-13 75c $1.25 6 (increased) 12- 57'/2c (quar.) 12- Chemical $4c 11-15 20c Co. 11-15 12-15 (quar.) dividend Thompson Railway Co., common preferred <quar.)___i.—__ encer Stock Thomaston uthwestern Electric Service 54 Eastern (quar.) Gas 12-1 25c $1.06,/4 Transmission Pacific .____ uthwestern uiftb Texas Texas 30c non-cum. "55V50 4 11-15 $35c Company uthern Vick 35c 12- 25'/2c (quar.) uthern 1 12-20 50c Corp. of America (increased) Heating Corp., 5% pfd. (quar.) Syndicate, 12- 2-1-51 70c (year-end) Vanadium Products Hi Chemical Corp.— 11-27 Ltd.— Co., 11- dividend 12-20 (quar.) 11-15 Increased Extra : Venezuela $20c (s-a) Co. Gas 11-30 12- Vapor 1 (quar.) I 12-29 $3 1 Ltd common Electric Tennessee 30Vic Lines Power Inc., 3IlAc - (quar.) Canada Common 5 _ _ 1 11- 11- (quar.) Corp. preferred Stock 10-31 Edison— (quar.) preferred uthern 3 10-31 11-15 ' preferred •uthern 11- 9 11-15 11- 11-20 (quar.) common Mines, Extra Pennsylvania Pipe Lines— California 4.08% 12- Co. 12- 12-12 $2 pfd. (s-a)__ conv. 25c (irreg.) preferred preferred Gold 40c (quar.) (quar.) Year-end utheastern 2nd 4% Norman 31V4C (quar.)__ 6% Oil, 8c preierred Lathe preferred Tampa 3 15c common convertible utfi 4% 1 Van holders 12-12 25c 11-15 Extra 8 22y2c _ Co., Paper Swan-Finch Talon, (quar.) pieferred cony-Vacuum Sutherland & Sons Carpet— (quar.) Extra 4.68% Inc. 87'Ac Co. 12- 12-15 47 Payable of Rec. 15c 10% Mills, 12-15 4y+% 1-2-51 When Share Extra 35c (increased), Corp. (quar.) common 11-15 _ (Alexander) Common Iron 1 10% dividend 50c & 12- ' Upson-Walton Co. 25c Co., Susquehanna i$1.12Vs! (increased) Co. Quarterly Sl'.25 Oil Stock 1 $1.50 . 12-15 $75c (quar.) common Gas 50c (quar.) (quar.) (s-a) Securities, 30c Corp. oss-Shcffield lar 12- A dividend) participating preferred 50c Oil City Stock Yards Co., com. (quar.) participating preferred (quar.i___ oith 1 12-15 $1.50 $1-.5G e)ly class Propane A Per Name of Company 1 57c (stock 12-15 (quar.) prefeiTed mmons Ltd., Inc. 59%c (quar.) 12- Valspar Corporation, $4 Wells 11-20 1- 40c 12-15 Inc.— (quar.) 2 (quar.) 25c Corp., common $1.25 preferred (quar.) Stuart (D. A.) Oil Co., Ltd.— I-31 12-12 25c Corp., com. 4% %' preierred Screw, Struthers Co lerwiu-Williams Textiles, preferred I- t25c 2-15-51 Mfg. Stern 4'/2 % 1-31 Holders Payable of Rec. $1 & $50c (quar.) J75c 2-15-51 lellmar Products nclair 10-16 When share Products Extra Stern Brewery, Ltd. Extra ieller Company Aluminum $56'Ac (quar.)_—.— preferred lea's Winnipeg Class B (s-a) Sterling 11-24 75c (quar.) com. Per Name of 11-24 22c (initial com. 12-15 quar.) _ new Holders Payable of Rec. 40c, (quar.) (quar.) Corp., When Share class B ,,(1775) v ■ • tax. non-residents' at the source. • 1 11 Non¬ tax. x Less Jamaica y Corrected payment or holders of record published dates were incorrect. income tax. dates are reported here. Previous STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ARKANSAS 1676—were awarded to Stephens Special Sch. Dist., Ark. Bond Sale—An issue of $271,000 Ala. Bond Sale—An issue of $525,000 tural gas system revenue bonds awarded is on Oct. to 26 & Co.; Fox, both of Cincinnati, & Knight, of Bir- •hmer-Reinhart •usch d & Co., Brodnax ngham, on a bid reflecting a net lerest cost of about 3.07%. tted Nov. 1953 >m to 1980 inclusive. bonds Bryte 5ond uza, School District (P. O. Phoenix), Ariz. Offering—James E. De- Clerk of the Board cjifor the purchase of $296,000 iiding bonds. Dated July 1, 1950. on July • Elementary and bonds offered Nov. 1—v. for Due 1 from 1952 to 1971 lusive. Interest J-J. 3s. 10,000 to 2s. 1961 Due on 1960 Oct. Due on from inclusive. 2 Oct. from District, County (P. O. Visalia), Calif. Sale—The $17,000 school offered Oct. 24—v. 172, p. to Larue, of on the Bank of America National Trust & Sav¬ Lawson, Levy & Williams, & Youngberg, all of San Francisco, and C. N. White & Co., price of 100.03, a as Dec. from 1952 to and payable at office. Due Due on Kings River Union School District, build¬ ing bonds offered Oct. 31—v. 172, awarded of San for the Due on a as purchase of Dec. Principal payable at $441,000 interest the County office. legal opinion. own 1974 and Treasurer's Due Aug. 1 from on to 1970 inclusive. 1,000 2s. Due Aug. 1, 1971. bonds and are mature 1971 to dated Aug. 1, Aug. 1 from inclusive. Principal on (F-A) payable at the County Treasurer's office. 15, 1950. furnish & a follows: $30,000 2V2S. 1951 at and interest Augustus, June 15 from 1952 to Hannaford school were Talbot, price of net interest cost of about 100.03, Washington Union School District, County Clerk, will receive sealed bids until 10 a.m. (PST) on Nov. 8 to The $31,000 Oct. 30 Francisco, The (P. O. Bond Offering—W. H. — offered 1951 Redwood City), Calif. (J-D) Visalia), Calif. $29,000 from Feb. 1 from Mateo County inclusive. County (P. O. Sale—The 1 San Bruno Park Elem. Sch. Dist., San Sale Bond bonds 1950 school bonds. Dated Bond Feb. on 1963 inclusive. 1956 to 1973 the County Legality ap¬ County (P. O. Oroville), Calif. 1955 inclusive. to 26,000 2V4s. 1950. Herrington, of San Francisco. Tulare 2.23%, Butte 2.47%, 2s. 1953 interest Principal 1, about follows: $3,000 $1,498,000 Dated 1 of cost interest Nov. Tulare Bond awarded C. (PST) purchase Dec. Treasurer's bonds 1575—were C. proved by Orrick, Dahlquist, Neff to 1970 inclusive. School — a.m. bonds. on inclusive. & Dinuba Offering the (J-D) 2 tion, a group of Oakland, at a High School District, (P. O. Sacramento), Calif. school 1951 Feb. 1, 1955 Union bids until 10 1575—were awarded to the Union $10,000 on County Clerk, will receive sealed 6 Deposit Bank of Stockton, at price of par, as follows: Due 1956. Sacramento County Bond school 172, p. follows: net County (P. O. Woodland)), Calif. $20,000 as Stone 15,000 l%s. School District, Sale—The 1.80%, net interest 1954. Yolo Bond a Due Feb. 1, 1953 and $2,000 2%s. Grant of mnty Supervisors, will receive led bids until 2 p.m. (MST) on e cost of about price of par. CALIFORNIA i 38 a price of 100.06, Safe ARIZONA fVo. 2.80s, at as Theremalito Union Elem. Sch. Dist., composed of the Bank of America National Trust & Savings Associa¬ Oct. 25 to W. R. on Stephens Investment Co., of Little Rock, p. a a Jr., of Birmingham. laricopa County enlargement and sold was Le- approved by Chapman & itler, of Chicago, and Lawrence imas, improvement 1, 1950. Due on Nov. 1 lity ings Association, of San Francisco, at ALABAMA Clanton, Purchaser to Monterey County (P. Q. Salinas), Calif. Bond bonds Sale—The.,,$69,000 offered 1576—were Nov. 1—v. awarded to school 172, p. a group composed of the Bank of America National Trust & Savings tion, Stone Lawson, & Levy Youngberg, & Associa¬ Williams, all of San 48 The Commercial and Financial Chronicle (1776) Francisco, and C. N. White & Co., Oakland, at a price of 100.07, a net interest cost of about 2.32%, of as follows: Principal and interest payable at Park Legality approved by Chapman & Cutler, of Chicago. Forest bonds of¬ Oct. 31—v. 172, p. 1677— awarded to Barcus, Kin¬ and ment fered were $17,000 3y4s. 1951 to 1 from Due on Dec. 1955 inclusive. Due on Dec. 1 from 52,000 2y4s. 1956 to 1960 inclusive. Sch. Dist. No. 60 building bonds offered Nov. 1— v. 172, p. 1576—were awarded to a syndicate composed of Glore, Forgan & Co., First Boston Corp., F. S. Mosley & Co., all of New York City, Harris, Hall & Co., Chicago, £. J. Van Ingen & Co., Coffin & New York City, Stroud & Co., Philadelphia, Stranahan, Harris & Co., Inc., Toledo, National Bank of Commerce of Seattle, Commerce Trust Co., Kansas City, Coughlin & Co., Den¬ ver, Raffensperger, Hughes & Co., Indianapolis and Kalman & Co., St. Paul, at a price of 100.034, a r of net interest cost of about 1.70%, as follows: Due on Nov. 1 from $910,000 2s. 1952 to 1957 inclusive. 999,000 iy2s. Due on Nov. 1 from 1958 to 1963 inclusive. 1.60s. 843,000 Due 1.65s. 484,000 Due inclusive. 1.70s. . , . l%s. of the Chicago Transit Au¬ thority told The Municipal Forum of New York at ing the "In from 1972 to 1975 said. Carter a total of September, municipal of $931,956 for nine of available fund modernization the for that of as date," he ex¬ plained. "Compared to the 1948 opera¬ it is estimated that econ¬ omies totaling $15,750,000 have been made in operating costs. Part of these economies result directly tions, from decreased use traffic, due to of the automobile general adoption of the five are Nov. 1 total of estimated at the rate of $8,500,000 a year. This leaves a $7,250,000 in savings due solely operating to economies economies. achieved were by adoption of the 40-hour work week, the substitution of one-man vehicles for two-man vehicles number a of surface on the routes, substitution of buses for two-man streetcars weekends on certain on i.20s, at a price of 100.219, a basis routes, rearrangement of elevated of about 1.16%. ministrative Torrington, Conn. ticipation notes offered Oct. 30— v. 172, p. 1676—were awarded to Day, Stoddard & Williams, of New Haven, at 0.98% interest. Hawaii (Territory of) Offering i— William Bond Treasurer) Brown, sealed bids at will B. of the TrustyCo., 16 Wall St., City, until 10 A.M. (EST.) on Nov. 21 for the pur¬ chase of $14,000,000 series B pub¬ lic improvement bonds of 1950. Bankers York New Dated Dec. from 1 more rearrangements of substitutions more 1, 1950. Due on Dec. to 1970 inclusive. 1953 Principal and interest payable at the Treasurer's office in Honolulu, or at the Bankers Trust Co., New City. Legality approved by King & Dawson, of New York City. "Using the credit able to borrow it that had CTA has own funds added on and will later issue additional equipment trust certifi¬ Offering Bond — bids sealed receive until 2 CTA's McCarter reviewed progress modernization and revenue 17 for the pur¬ electric utility bonds. Dated Nov. 1, 1950. Due Jan. (CST) chase on $35,000 1 from 1952 to 1971 inclusive. Bonds maturing in 1958 and thereafter are callable as of bonds $1,000,000 series offered Oct. 31— sewer v. exceeds composed of Phelps, Fenn <& Co., Inc.; Blair, Rollins & Co., In<?.; Paine, Webber, Jackson & Curtis, and Hornblower & Weeks, all of New ^rk City, at a price of 100.116, a net interest cost of Kane $360,000 2y4s. Due on Nov. 1 from 1955 to 1963 inclusive. 400,000 ls/4s. Due 1964 to 240,000 2s. 1974 to on 1973 inclusive. from ILLINOIS Chicago Sanitary District, III. Bond Offering—Bryan Hartnett, of equipment and DuPage Counties Bond Offering—Donald C. Mc- Miller, of Indianapolis. able Cornack, Secretary of the Board Education, will receive sealed bids until 8 p.m. (CST) on Nov. 8 for the purchase of $1,300,000 the at chaser and the District. Bond tric utility 100.60, revenue as 2V4s, at a price basis of about 2.20%. a of Upland, Ind. $10,000 munici¬ Bond Sale—The I IOWA of Bond Offering sealed bids Iowa City, Iowa Bond Offering—George J. Doh- Ottumwa, Iowa Sale—The Bond Manhattan, from 1 1952 Bonds 1961 and of as Dec. interest and payable at the State Fiscal Agent, dr at the State Fiscal Sub-Agency York New proved order date & Offering—Oran Wadsack, for (CST) a.m. Nov. 7 on the purchase of $1,608,506.76 bonds, divided as follows: general provement bonds. park Nov. 987,793.43 curb Sale—The bonds offered posed 1951 build¬ 1 were of Equitable 2V4% $533,000 internal improvement paving gutter, bonds. Due and Nov. on 1 from 1951 to 1960 inclusive. 542,213.33 internal im¬ opening general provement bonds. street Due Nov. on from 1 bonds Nov. dated are 1, 1950. Principal and interest (M-N) payable at the State Fiscal Aency, Topeka. Legality approved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City. 1951 1964 Carrollton, The City optional at '*pki' 3hd accrued in¬ composed of Hornblower & Weeks, ing bonds offered Nov. 1—v. 172, terest'on Jan., lj is follows: $370,- Shields & Co., both of New York p. 1677 — were awarded to the 000 in 1953, arid $390,000 from City, and McDougal & Condon, of Iowa-Des Moines National Bank, 1954 to 1969 inclusive, or on any Chicago, as l%s, at a price of of Des Moines, as l%s, at a price interest payment dates thereafter. of 100.30, a basis of about 1.72%. 100.17, a basis of about 1.73%. Oct. 000 Clerk, will receive (CST) on $135,gas distribution system rev¬ enue Due the purchase of bonds. on Dated Oct. 1 est thereafter Oct. from inclusive. Bonds and bonds inclusive. dated are Interest M-N. Louisiana State University and Agricultural and Mechanical College (P. O. Baton Rouge), La. ier, Secretary of the Board of Supervisors, will receive sealed bids until 10 A.M. (CST) on Nov. 28 for the purchase of $5,700,000 stadium and medical school bonds. Dated Dec. 1, 1950. Due on Dec. 1953 to callable payable Bank of Legality approved at the 1 from 1951 to 1975 inclusive. Bonds in callable and 1956 of as thereafter Dec. 1955. 1, Principal and interest to be pay¬ able at a bank in located or Baton trust company Rouge in or either New York City or Chicago. Legality approved by Wood, King & Dawson, bonds of New York City. O. District No. Alexandria), Sale—The awarded to & at 52 La. offered school $70,000 Nov. 1 were Schweikhardt, Landry Co., of New Orleans, as 2.10s, a price of 100.03, a basis of about 2.095%. . MAINE 1970 maturing in 1956 are National Grafton & Due to'1970 1950. 1, 1, 1955. Principal and (A-O) general obligation on Nov. 1 from 2V2% Bond sealed bids until 2 P.M. for 1 Nov. 1, Legality ap¬ proved by Chapman & Cutler, of Chicago. 1950. Ky. Offering—J. Earl White¬ 9 from inclusive. to (P. head, obligation Nov. on Pineville School KENTUCKY Nov. general Due maturing 1951 to 1960 inclusive. Bond com¬ Securities bonds. 1960 to City, La. syndicate Corp., Nashville; Howard, Weil, Labouisse, Friedrichs & Co.; Nusloch, Baudean & Smith; Weil & Arnold; Newman, Brown & Co., and Glas & Co., all of New Or¬ leans, purchased $835,000 bonds at a price of par, a net interest cost of about 2.38%, as follows: are $25,000 Nov. from Co., Bond Offering—E. Monnot Lan¬ and sewer The Ralston Indep. Sch. Dist., Iowa Bond 1 Trust approved by Sale—A Bond im¬ Due internal 15, LOUISIANA 1965 City Auditor, will receive sealed p. Sale—The $110,000 swim¬ Legality bonds. bids until 9 payment 1955. Nov. Louisville the at Bossier inclusive. Bond after Skaggs, Hays & Fahey, of Louis¬ Wichita, Kan. Bond interest any or 302,000 peka. street Perry, Iowa on on ville. Legality ap¬ Dean, of To- City. by Dean on ing , in Principal 1960. 1, inclusive. 1980 to callable are 1576—were awarded to the White-Phillips Co., of Davenport, as IV2S, at a price of 100.015, a basis of about 1.49%. The $85,000 bridge fund bonds offered the same day were award¬ ed to the Carlton D. Beh Co., of Des Moines, as l3/4s, at a price of 100.105, a basis of about 1.73%. 172, Nov. 1 from 1951 to 1970 inclu¬ sive. Callable in inverse numerical the Kansas, maturing thereafter construction bonds offered Oct. 26 —v. of $46,000 building revenue Dated Nov. 15, 1950. Due Louisville. until 2 p.m. (CST) on Nov. 17 for the purchase of $1,300,000 student union building revenue bonds. Dated Dec. 1, 1950. Due on Dec. lege, receive sealed Marshall and Putnam Counties Con¬ awarded to Wheelock & Cumbids until 11 a.m. (CST) on Nov. solidated High School District mings of Des Moines. 9 for the purchase of $7,000,000 No. 20 (P. O. Henry), III. series Scranton Consolidated School 17, construction bonds. Bond Sale—The^ $600,000 build¬ Dated Dec. 1,'1950, Due Jan: 1, District, Iowa , ing bonds offered Oct. 30—v. 172, 1970. Of the bp-nds, <$6,610,000 are Bond Sale—The $100,000 build¬ p. 1576—were awarded to a group on purchase school President of the Kansas State Col¬ $78,500.00 $90,000 of the for county 1 bonds. able Hubert — office the at County Clerk, will receive sealed bids until 11 a.m. (CST) on Nov. Principal and interest (M-N) pay¬ of the State will receive Secretary Regents, of 1.98%. Chicago. of¬ University of Kansas (P. O. Lawrence), Kan. in Legality & Cutler, 1, pay- Treasurer's State Board ming pool bonds offered Oct. 26 —v. 172, p. 1576—were awarded to a group composed of the Des Due on Dec. 15 from 1952 to 1969 Moines National Bank; First Na¬ inclusive. Principal and interest tional Bank of Perry, and the (J-D) payable at such bank or State Bank of Perry, as 2s, at a trust company in Chicago as may price of 100.136, a basis of about be mutually agreeable to the pur¬ approved by Chapman Louisville. 6 Nov. dated are Legality approved by Depew, Stanley, Weigand, Hook & Curfman, of Wichita. Brighton, Tipton, Ind. Sale—The $200,000 of District Clerk, will bonds Principal and interest fice. approved by Ross, McCord, Ice & building bonds. Dated Dec. 1,1950. Nov. 1 from Due on Nov. 1 1979 inclusive. total Community Unit Sch. Dist. No. 303 (P. O. St. Charles), III. group about 1.93%, as follows: the 30 years. 172, p. 1576—were awarded to a The 1950. 1957. Principal and interest (J-J) payable at the Home Na¬ tional Bank of Thornton. Legality improvement bonds. Printed bonds in equipment and legal opinion to be furnished service im¬ by the city. purchases by the two predecessor companies during the preceding 1 from Jan. 1, new Bond Sale-—The Due on Sept. 1959 to 196*1 inclusive. 315,000 l\£s. Nov. on of the and pointed out that equipment placed in service by CTA during the past five years $1,050,- Callable as of April 1, Principal and interest (A-O) payable at the Jackson County Bank, McKee. Legality approved by Skaggs, Hays & Fahey, of 1954. flood, control P.M. totalling approximately $1,- rer, City Clerk, will receive sealed 200,000, for the purchase of which bids until 2 p.m. (CST) on Nov. 13 it has already received an offer." for the purchase of $150,000 street Mr. O. P. Edward Rose, Town Clerk-Treasurer, will provement H 000 cates Wood, of), Sedgwick County (P. Wichita), Kan. inclusive. bonds was sold! Montgomery County (P. O. to the First Securities Company Greensburg), Ind. Mt. Sterling), Ky. of Kansas, and the Small-Milourn Bond Sale—The $86,000 school Bonds Not Sold—Bids for the bonds offered Oct. 31—v. 172, p. Co., both of Wichita, jointly, at a $190,000 school building revenue 1481—were awarded to George F. price of par, a net interest cost bonds offered Oct. 13—v. 172, p. Redelman, of Greensburg, as iy2s, of about 1.33%, as follows: 1280—were returned unopened. at a price of 100.40, a basis of $315,000 Is. Due on Sept. 1 from Powell County (P. O. about 1.46%. 1952 to 1954 inclusive. Stanton), Ky. 420,000 lV4s. Due on Sept. 1 from Thornton, Ind. Bond Offering — George Reed, 1955 to 1958 inclusive. its of approved Bond Sale—An issue of Fugit Township (P. O. R. R. No. 8, Equipment $5,500,000 Legality sewer pal building bonds offered Oct. 30 Trust Certificates, junior to its —v. 172, p. 1481—were awarded series of 1947 bonds, a total of to Frank E. Hailstone & Co., of * $15,000,000, at interest rates aver¬ Cincinnati. aging 4%. To this $15,000,000, the York Honolulu (City and County Hawaii (P. O. McKee), Ky. by Chapman & Cutler, of Chicago. $20,000 State Bank. Chicago, vehicles for two-man vehicles. was receive offices the to be F-A. Interest Fowler, Ind. Sale—The Bond elec¬ bonds offered Ocf 31—v. 172, p. 1576—were service and awarded to John Nuveen & Co., of one-man are achieved in the future with established by its operating prac¬ tices and procedures, the CTA HAWAII Grafton, of Louisville. 18 for the purchase of Sale—Halsey, Stuart & Bond Sale—The $180,000 school building bonds of 1950. Co., Inc., Chicago, purchased on building revenue bonds offered Oct. 23 an issue of $289,789.49 im¬ Oct. 5 were awarded to W. C. 1950. Due semi-an¬ nually from July 1, 1952 to Jan. 1, provement bonds as iy4s, at a' Thornburgh Co., of Cincinnati, as 1962 inclusive. Legality approved price of 100.153, a basis of about 4s, at a price of par. The bonds are dated Oct. 1,1950. by Ross, McCord, Ice & Miller, of 1.21%. Dated Dec. 1, 19o0. Due on Feb. 1 from 1952 to 1961 inclusive. Due on April 1 from 1952 to 1970 Indianapolis. Nov. departments. "Additional economies $300,000 tax an¬ & $112,000 service, and consolidation of ad¬ Note Sale—The any payment Salina, Kan. . 1970 in¬ interest date. Principal and in¬ (M-S) payable at the New Farmers National Bank, Glasgow. Legality approved by Wyatt, Graf¬ on Jackson County estimated at $778,780, day week. Economies in this cate¬ improvement bonds offered Oct. 30—-v. 172, p. 1576—were awarded to Putnam & Co., of Hartford, as Callable terest ton (CST) a.m. clusive. KANSAS the year is bonds offered Oct. 26—v. 172, p. indicating a 1481—were awarded to the Fowler balance of approximately $153,000 first months the for compensation Municipal gory (P. O. Darien), Conn. $80,000 general 11 March 1 from 1952 to on Bond compensation and modernization. These Darien "As 1950, the Authority had available 1, Bond Sale—The until bids T. Dated! Nov. 1, Nov. inclusive. approved by Chapman & Cutler, of Chicago. Township (P. O. Delphi), Ind. Offering—The Board of School Trustees will receive sealed 1955 inclusive. Prin¬ to Bond on and CONNECTICUT Creek Deer - Malcolm — bocker, Town Clerk, will receive Smith, City Clerk, will receive sealed bids until 7:30 p.m. (CST) sealed bids until 7:30 p.m. (CST) 7 for the purchase of on Nov. 6 for the purchase of on Nov. $25,000 street improvement bonds. $100,000 school building revenue Dated Sept. 1, 1950. Due Dated Nov. 1, 19o0. Due on Dec. 1 bonds. cipal and interest payable at the Town Treasurer's office. Legality Consolidated Sch. Corporation 1950, CTA has met all of its fixed charges and wiped out the deficit on Due of months nine first Delphi Glasgow, Ky. Offering Bond Knicker¬ Bond Offering—Lester from 1951 INDIANA of $856,158 in depreciation reserve carried over from 1949," Mr. Mc¬ 1, : luncheon meet¬ a Oct. 28. on on Due Co., of Chicago, as 2y4s, price of 100.30, a basis of a a much wider 1971. 1970 and 968,000 Nov. on 1968 and 1969. 484,000 1 Nov. on from 1964 to 1967 at Despite severe tests caused by about 2.19%. inflationary pressures the CTA is ager (P. O. Pueblo), Colo. Sale —The $4,688,000 both — village hall & dred healthy condition financially, Walter J. McCarter, general man¬ Bond Burr, Financial Condition In Good in COLORADO Pueblo County Chicago Transit Authority, III. Williams, Iowa III. equip¬ Chicago), (P. O. Sale—The $76,000 Bond office. Treasurer's District the Monday, November 6, 1950 . . . as of inter¬ First Carrollton. by Wyatt, Grafton, of Louisville. South Portland, Me. Bond bonds Sale—The offered 1677—were Oct. $600,000 school 31—v. awarded to 172,,'g, thqlTirst Boston Corp., New York City,..as lMss. at a price of 100,929, a basis of about 1.41%. *-V: Volume 172 Number 4957 . . The Commercial and Financial Chronicle . (1777) MARYLAND - Gardner Housing Note Georges County (P. O. Upper Marlboro), Md. Offering—J. Frank Dent, President of the Board of Educa¬ Bros. & noon (EST) on Nov. 14 for the purchase of $500,000 public school City, pay¬ the First ton 2 National iy4s, at as the Bankers Trust iy4s, at 1Y2S, at a price of 101.299, basis a of the following $700,000 $360,000 bonds 1—v. 172, 165,000 1677— p. school bonds. Due on school bonds. Due a bonds of The -Haverhill, to Bond Dec. 1, 1950. Principal and interest pay¬ able at the Day Trust Co., Boston, or at the National Bank of Wareham. Legality approved Bos¬ Sale—The mains bonds awarded Thorndike, Palmer & Dodge, Mass. $15,000 water offered Nov. 2 were basis of about 1.04%. Sale consisted of:' of Boston. Note Nov. Bond receive at the office of Detroit. Sale—The $45,000 1577—were p. awarded to S. to 1960 18,000 23/4s. 1961 of Boston. Legality Gray, Best, State - Housing Authority, Mass. Note Sale—The $2,750,000 Sec¬ t Series ond 172, —v. to a notes offered Oct. 1677—were p. 31 awarded group composed of J. P. Mor¬ & Co., Inc.; Bankers Trust Co., both of New York City, and gan 1 The 1950. inclusive. Due NEBRASKA July 1 from on Columbus, Neb. Bond Sale—The $47,000 airport bonds offered Nov. — extension MINNESOTA 1, approved by?, Storeyv West field Housing Authority, Mass. Note Sale—The $690,000 Fourth ,- Palmer &- Dodge,- of Series Bond . 172, Lawrence, Mass. - Sale—The $200,000 basis of about Bank of Boston, at 0.92% int. of Lot A National City Bank York/City and the $400,000 Fall River Harbor facili- New National Shawmut Bank of iy4% of Boston, jointly, at 0.95% int. 2,000,000 to C. J. Devine & Co., Salomon Bros. & Hutzler* both of New York City, joint¬ 600,000 "** 1960 inclusive. 2,500,000 to J. P. Morgan & Co., Inc.; Bankers Trust Co., and Second National Bank of Bos¬ ton, clusive. 1,495,000 Logan Airport improve¬ ment 4,000,000 bonds and 1951 to 1971 payable Bank approved Gray, Best, the at of Na¬ bonds. Lot Sale—The notes offered were l3/4s, at a - - Sale consisted $125,000 ' .■:' Nov. 1 from elusive. 1951 on 1970 in- - 14*000 school notes. Due from Due to 1951 on Nov. 1 to 1964 inclusive. J. Each issue is dated Nov. 1,1950. as to genuineness by the Certified Director of Accounts, Department Taxation and Corporation of of Massachusetts. Dighton „ Water District, Mass. Paine, Webber, Jackson & Curtis, Robert Hawkins & Co., both of Boston, jointly, as 2s, at a price basis of about 1.90%. bonds 1950 and 1953 to are mature 1980 interest dated on Nov. Nov. 1 1, from inclusive..Principal payable at the First National Bank of Boston. Legality approved Palmer by Storey, & Dodge, Thorndike, of Boston. ticipation notes awarded National Bank offered the to re¬ July on 1 Note Offering—Louis A. (EST) on Nov. 9 for the purchase of $4,250,000 third series notes. Dated Nov; 22, 1951. 1950 and due Taunton Housing Authority, Mass. on Offering—Thos. Note Oct 31, W. Scan- Ion, Chairman, will receive sealed bids the at office of the State of $1,230,000 notes. Dated due Oct. on Note Series 172, notes 22, series 1950 offered 1677—were Oct. First 31—v. awarded as follows: are mon Bros. & Hutzler, all of New York City, at 0.95% in¬ terest,, plus a premium of $11. 100,000 to the Merchants National Bank of Boston, at 0.92% inv ./terest, plus a premium of $1. to & Co., New York City, as a price of 101.43, a basis l%s, at of about 1.59%. Oct. 31 Mountain. callable as of Oct. 1, 1961. Le¬ gality Lincoln and Lyons Counties Joint Indep. Consol. Sch. Dist. No. 23 (P. O. Tyler), Minn. Bond 2 water nue bonds. on supply system Dated Nov. reve¬ 1, 1950. Aug. 1 from 1952 to 1980 Callable as of Aug. 1, Principal and interest (F-A) payable at the Chase Na¬ 1957. 15 for the purchase of $325,building bonds. Dated Dec. 1, Due p. Park at . 2s. Jackson, as 2y4s, at & a the Trust Co., price of par. (P. O. Ypsilanti), Mich. Bond Sale—A syndicate com¬ a First 172, p. syndi¬ National Bank; First Boston Corp., both of York City; Northern Trust Co., Chicago; Blyth & Co., New York City; American Trust Co., San Francisco; First of Michigan Corp.; Brown Brothers Harriman & Co., both of New York City; Stubbs, Smith & Lombardo, of Birmingham; Bartow Leeds & Co., New York City; A. G. Edwards & Sons, of St. Louis, and Fahey, Clark & Co., Cleveland, as 1.20s, at a price of 100.12, a basis of about 1.185%. Passaic, N. J. Bond Sale—The $1,286,000 gen¬ eral improvement bonds offered Oct. 31—v. awarded 172, to a 1678—were p. composed of group New York City, and F. R. Cole & Co., of Newark, as 1.65s, at a price 100.16, a basis of about 1.63%. of of of of $20,000 to fire Dated Nov. sewer of St. 1 apparatus 1, 1950. 1951 from to Due 1960 bonds. Nov. on inclusive. Principal and interest (M-N) able of the at South First National pay¬ Bank Plainfield. 100.25, a net proved by 2.11%, as Trimble & about Legality apCaldwell, Marshall, Mitchell, of New Ybrk City. Due Jan. on 1 from Due Spring Lake, N. J. 1971 Bond Offering—Myron O. Mor¬ Jan. 1 from on inclusive. ris, Borough Clerk, will receive sealed bids until, 8 p.m. St. Louis Park, Certificate Minn. Offering — Joseph Justad, Village Clerk, will receive sealed bids until 8 p.m. (CST) on Nov. 20 for the purchase of $25,000 street improvement certificates of indebtedness. Due posed of First of Michigan Corp.; Watling, Lerchen & Co., both of of to Fidelity Union Trust Co., Newark; Drexel & Co., Philadel¬ phia; J. S. Rippel & Co., Newark; George B. Gibbons & Co., Inc., drain¬ $30,000 ** 10,000 2y4s. 1962 to 31—v. awarded composed $25,000,000 construction Oct. New 1952 to 1961 inclusive. Township Sch. Diet. No. 9 (P. O. R. R. No. 7, Jackson), Mich. Bond Sale—The $50,000 build¬ ing bonds offered Oct. 26—v. 172, price a . Leoni City Bank suc¬ Rapids, Minn. cost $20,000 tax Jackson as O. First National Bank the follows: awarded the $15,000 Sale—The Bond sealed bids until 4 p.m. (EST) on Nov. 6 for the purchase of $50,000 anticipation notes. Dated Nov. 8, 1950. Due on Feb. 15, 1951. offered the Sale—The interest 1577—were by The Murray County State Bank, of South Plainfield, N. J. Slayton, and Citizens State Bank Bond Offering — Adam A. Phil¬ Fulda, jointly, as 2V2s, at a price of 100.166, a basis of about lips, Borough Treasurer, will re¬ ceive sealed bids until 8 p.m. 2.47%. (EST) on Nov. 9 for the purchase Paul, Null, cate — Institution of receive p. callable bonds offered Oct. 26—v. 172, 1577—were awarded to the Offering Omer are Murray County (P. Slayton), Minn. Bond State bonds Jersey (State of) Sale 1952 to cessful bidder. age Bond Bonds maturing in designated company to will 1 from 1, 1962. Principal and in¬ payable at a bank or trust terest County (P. O.¬ Hillsdale), Mich. — Dec. on improvement bonds offered Oct. 25—v. 172, p. 1577—were awarded Hillsdale Treasurer, Jor- of Dec. Le¬ gality approved by Berry, Stevens, Barbier & Evely, of Detroit. County Therkel — Nov. 000 tional Bank, New York City. Note Offering gensen, District Clerk, will receive sealed bids until 8 p.m. (CST) on Mich. Offering—Albert C. Hull, will receive sealed bids until 8 p.m. (EST) on Nov. 20 for the' purchase of $500,000 series No. NEW JERSEY New 1577—were are on Dec. Dated 1 from Dec. 1952 1, to (EST) bn Nov. 13 for the purchase of $68,750 bonds, divided as follows: $45,000 1955 sewer bonds. Due on Nov. from 1951 to 1960 inclusive. 1 23,750 beach bonds. 1951 1950. inclusive. Legality approved by Faegre & Benson, of Minneapolis. The to front improvement Due 1960 bonds on Nov. 1 from inclusive. dated , Nov. 1, 1950. Principal and interest (M-N) are payable at the First National Bank Spring Lake. Legality approved by Reed, Hoyt & Washburn, iof New York City. : of St. Paul, Minn. $457,000 to Chase National Bank; C. J. Devine & Co., and Salo¬ 1953 inclusive. 1974 inclusive. an¬ Michigan State Normal College $557,000 ton in¬ 1970 from 1 1972 and thereafter tax and 31, 1951. Sale—The p. fourth Nov. to dated Oct. 1, 1950. due in 1961 and thereafter Bonds Clerk, George, a.m. 1972 Bond office of the State Housing the Board, Boston, until 11 1953 Oct. on The bonds 1950. Commercial Iron of Flint, Chairman, will receive sealed bids chase and a 1950. Due Dated Housing Board, Boston, until 11 a.m. (EST) on Nov. 9 for the pur¬ . Sale—The $350,000 bonds Nov. 2 were awarded to 101.19, bonds. Quincy Housing Authority, Mass. at of: schoolnotes. Loan from 1951 to 1980 inclusive. school ... Sale—The $45,000 Due award¬ Burr, of Boston, as price of 101.589, a basis of about 1.56%. Water July 1, $139,000 Oct. 27 ed to Coffin & and 1, Oct. 1 from 1951 Due a.m. inclusive. Cheshire, Mass. The Oct. 4,000,000 Metropolitan Addition¬ Note of on Water Dated 1980 inclusive. al Bond B bonds. 1950. Due to 10 Mountain), Mich. Note City Metropolitan District Boston. Boston. offered Aug. inclusive. $4,650,000 will Dickinson County (P. O. Iron Aug. 1, 1950. 1 from 1951 to from 1 approved by Dorsey, ColBarker, Scott & Barber, of Minneapolis. on Nov. 14 for the purchase $662,000 tax anticipation notes. Dated Nov. 14, 1950, and to ma¬ ture on or before Jan. 15, 1952. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. outlay bonds. 1, 1950. Due on Dated offered Oct. 31—v. 172, p. 1678—were awarded to W. E. Hut- on 20,000 water improvement bonds. (EST) were on 1960 by Ropes, & Rugg, of Coolidge 1, 60,000,000 highway improvement 1, Aug. 1 from Principal or\ Shawmut Legality Aug. Nov. Oct. of capital inclusive. interest tional dated are mature Nov. May 1 from 1954 to 1962 in¬ Due The Dated premium Nov. 1 from 1952 clusive. 1.17%. 1950 on a Detroit, Mich. inclusive. Dated awarded to the Bristol Coun¬ ty Trust Co., Taunton, as iy4s, at a price of 100.312, a basis of about and 1956 to County (P. O. Taunton), Bond Sale—The $41,000 agricul¬ tural school bonds offered Oct. 31 were bonds. 1950. Due Massachusetts bonds. Aug. 1, 1950. Due on Aug. 1 from 1951 to 1954 in¬ jointly, at 0.96%. Bristol outlay Dated ly, at 0.95% interest. interest, plus spoon, City Comptroller, ceive sealed bids until capital $24,000 water works bonds. Due Note Offering—John H. Wither- -Due and $44,000 man, ties bonds. Dated Oct. 1, 1950. en Oct. 1 from 1951 to - bonds Offering clusive. $25. HAMPSHIRE Derry School District, N. H. Bond Sale—The $290,000 school — Elmer Lewis, Village Clerk, will receive sealed bids until 8 p.m. (CST) on Nov. Hurley, at $1,000,000 to a NEW Na¬ 1.60s. as l3/4s, at a price of basis of about 1.659%, as 101.116, Clearbrook, Minn. MICHIGAN follows: lumbus, 590,000 to the National Shawmut Birmingham School District, Mich. Note Sale—The State Treasurer, will receive $175,000 tax an¬ sealed bids until noon (EST) on ticipation notes offered Oct. 24 The $5,500,000 Fifth Series notes —v. Nov. 13 for the purchase of 172, p. 1577—were awarded $75,offered at the same time were sold 145,000 bonds, divided as follows: to the Birmingham National Bank, as American Duluth, as of (State of) Bond Offering—John E. ton, as follows: $750,000 at 0.97% interest, and $2,000,000 at 0.98%. and Boston, at 0.92% in¬ 14 for the purchase of terest, plus a premium of $1. bonds, divided as follows: 1.22%. Massachusetts the Second National Bank of Bos¬ First Bond Bank price of 100.07, a a the tional Bank of 1678—were*awarded to p. the Central National Bank of Co¬ Biwabik, Minh. 31—v. $100,000 to the Merchants National the Second National Bank of Bos¬ 1 ViS, at Oct. awarded mu¬ nicipal relief bonds offered Nov. 1 172, p. 1677—were awarded to as offered 1677—were follows: —v. ton, notes p. 172, v. from chase Boston. approved by Ropes, Coolidge & Rugg, of Boston. Boston Nov. Nov. on 1955 School District bonds. Due on 1 from 1951 to 1975 in¬ clusive. '' ' *. 1966 inclusive. to to bonds. 1, 1951 and 1952. ,. Bank dated are mature to bonds are dated Nov. 1, Principal and interest (M-N) cost of about 2.83%, as follows: payable at the Britton and Koontz $27,000 3s. Due on July 1 from National Bank of Natchez. Thorndike, relief bonds and 1951 1951 Nov. R. Livingstone & Co., of Detroit, at a price of 100.06, a net interest from 1 175,000 Washington Consolidated ing bonds offered Oct. 26—v. 172, Legality Oct. on 1950 a.m. inclusive. . build¬ tional municipal Due The Oct. on 1955 inclusive. Nov. on Dated Oct. 1,1950. Principal and interest payable at the First Na¬ 50,000 1951 to 10 ,\ Township School District(P. O. Skandia), Mich. Bond Sale—The $75,000 sewage disposal plant bonds offered Nov. 1—v. 172, p. 1678—were awarded 1 from until of Skandia Housing Board, Boston, until 11 a.m. (EST) on Nov. 9 for the pur¬ of to 1965 inclusive. Principal $310,000 second series and interest payable at the Na¬ noles^Dated Nov. 22, 1950 and due tional Shawmut Bank of Boston:* iorwj^uly 31, 1951. $50,000 water bonds. Due bids Nov. 8 for the purchase on $695,000 bonds, divided as fol¬ approved by lows: Miller, Canfield, Paddock & Stone, $520,000 improvement bonds. Due of Barm- the sealed (CST) pay¬ by, Chairman, will receive sealed bids County (P. O. Natchez), Miss. Offering—Walter P. Ab¬ bott, County Chancery Clerk, will 15, able at the Ann Arbor Trust Co., Ann Arbor. Legality Housing Authority, Mass. Offering—John N. dated are Principal and interest 1951 Webster to Tyler & Co., Boston, as 13/4S, at a price of 100.49, a basis of about 1.68%. ' a bonds 1950. on by Storey, Bank 550,000 2%% series B, refunding bonds. Due Nov. 15, 1967. Bond dated are Adams from 1958 to 1965 inclusive. Nov. 1 from 1951 to 1970 incl. The MISSISSIPPI . Co., New York Nov. 1 from 1951 to 1970 incl. price of 100.42,-ahasis of about 1.17%. awarded $850,000 2y4% and 2V2% refunding bonds. Due on Nov. 15 awarded to of about 1.35%. Sale consisted *' awarded to the Second Na¬ tional Bank of Boston, and Robert Hawkins & Co., Boston, jointly, as . price of 100.462, a Nov. $100,000 bonds were were were " Sale—The Nov. com¬ Hutzler, all of New York 0.95% interest, plus a Sale—The offered Beverly, Mass. Bond at Bond MASSACHUSETTS offered group Nov. 2 on issues: Maryland, in. Upper Marlboro. Legality approved by Niles, Barton, Yost & Dankmeyer, , a Hampden County (P. O. Springfield),, Mass. Southern ' to on able at the First National Bank of of Baltimore. „ offered premium of $9. Dec. 1 from 1951 to 1970 inclusive. Principal and interest (J-D) Wareham, Mass. $865,000 bonds Bond Sale—The posed of the Chase National Bank; City, and the Harris Trust & Sav¬ C. J. Devine & Co., and Salomqn ings Bank, Chicago, jointly, as tion, will receive sealed bids until 1950. Due awarded were Bond bonds. Dated Dec. 1, Authority, Mass. Sale—The $343,000 notes offered Oct. 31—v. 172, p. 1677— Prince 49 Detroit; Braun, Bosworth & Co., Bond Sale—The $75,000 series Inc., Toledo; McDonald-Moore & 6 Co., Detroit; Paine, Webber, Jack¬ No. sewage disposal system son & Curtis, of Chicago; Crouse bonds offered Nov. 1—v. 172, p. & Co.; H. V. Sattley & Co., both 1577—were awarded to the Com¬ of Detroit, and Donovan;' Gilbert mercial / State Bank, and Mann& Co., of Lansing, purchased Inc., both of St. $1,- heimer-Egan, 400,000 dormitory revenue bonds, Paul, jointly, as 1.20s, at a price as follows: of 100.10, a basis of about 1.18%. . Wallington, N. J. Bond Offering — Jacob ✓V;an Hook, Borough Clerk, will receive sealed bids until 8 p.m. (EST) on Nov. 000 13 for the purchase of bonds, divided as $46,- follows: ' The bids at the office of Clarence Mc Lane, in West Martinsburg, unti 3 p.m. (EST) on Nov. 14 for the .15 from 1951 to 1955 inclusive purchase of $14,000 building 15,000 sewer and appartus bonds bonds. Dated Nov. 1, 1950. Due on Due on Nov. 15 from 1951 to May 1 from 1952 to 1965 inclu¬ - - as-1 Nov — inclusive. balance on $54,176,815, totaled $435,975,836; Of this amount the sum of $409,431,789 was applied to the reduction of the amount of taxes required to be raised to fi¬ bonds are July 1, 1949 of Monday, November 6, 1950 . . payable at the Passaic. Legality ap¬ Galloway, of New York Co., Trust proved by Reed, Hoyt & bum, of New York City. West Orange New York School District, N. J. together with the City. City, N. Y. Issued—As by the New York City Offering required 1949-1950. The report phases of the financial operations of The City of New York, such as the costs to the City of operation and main¬ tenance, capital improvements, as¬ sessable improvements, the City's debt and sinking funds for the retirement of part of such debt, the employees' retirement funds, and other miscellaneous items. The Comptroller states that there was an increase of approxi¬ mately $182,975,695 in the longterm debt during the fiscal year 1949-1950. At June 30, 1950 " the gross long-term debt of the City amounted to $3,139,894,614, while at June 30, 1949 the amount of such debt was $2,956,918,919. For the retirement of that portion of the debt payable from the sinking funds there were held by such sinking funds at June 30, 1950 cash and investments totaling $866,616,089, as compared with $822,517,713 at the close of the previous fiscal year. The net debt, i. e., the long-term debt less sinking fund holdings and cash, amounted to $2,273,278,525 at June 30, 1950, as compared with $2,134,401,206, or an in¬ crease of over $138,800,000 in the fiscal NEW YORK Bayville, N. Y. Offering — Florence R. Barrentine, Village Clerk and Treasurer, will receive sealed bids until 2:30 p.m. (EST) on Nov. 8 for the purchase of $57,000 street Bond improvement bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to 1959 inclusive. Principal and interest (M-N) payable at the Matinecock National Bank of Locust Valley. Legality approved by Reed, Hoyt & Washburn, of New York City., . Brighton Fire District No. Kenmore), N. Y. 5 (F. O. Roswell J. Fleischman, District Treasurer, will receive sealed bids until 3:30 Bond p.m. Offering (EST) on — Nov. 14 for the purchase of $24,000 fire hall ad¬ dition bonds. Dated Oct. 15, 1950. Due on Oct. 15 from 1951 to 1960 inclusive. Principal and interest with various • . . Chatham County (P. O: Pittsboro), North Carolina ■ funding Bonds, together with the interest earned on the investment Sale—The $40,000 school Bond . building bonds offered v. 172, p.-1679—were Fourth Series 3%, due 1976 Sink¬ The Port Authority the describing 1949, and indicated in dated Dec. 9, Fourteenth Fifteenth Series Bonds, inclusive. 1958 to 1961 • i; (P. O. Statesville), Iredell County North Carolina that ■" , Due on April 1 from 20,000 iy2s. its Official Statement } 1957 inclusive.} 1953 to ing Fund. ~ • Bond Sale —The- $138,000 re¬ Hempstead and Oyster Bay it expected to provide the balance Union Free Sch. Dist. No. 3 of the funds necessary to retire all funding bonds offered Oct. ,31— of the $67,031,000 principal amount v. 172, p. 1679—were awarded to (P. O. Roslyn Heights), N. Y. Bond Offering—Albert V. Nor¬ of Fourth Series Bonds, either out J. Lee Peeler & Co.,. of Durham, of accumulated reserves available and the Vance Securities Corp., of North year deals Budget for such fiscal year. — tion bonds. the of part, the Expense W. Russel Charter, Comptroller Lazarus Jo¬ Rinehart, District Clerk, will re¬ seph issued his annual report of the receipts and the expenditures ceive sealed bids on Nov. 29 for the purchase of $900,000 construc¬ of The City of New York for the Bond estimated reve¬ General Fund for 1950-1951, is used to finance, in and Debt Data Tax 20, - . nues Wash- proceeds of the sale on Dec. 1949, of the Fourteenth and Fifteenth Series General and Re¬ the •(. Oct. 31— awarded to of the proceeds. The balance is the Equitable- Securities Corp., Nashville, at a price of 100.07, a nance the 1949-1950 Expense ,expected to be raised from the Authority's Special Reserve Fund, net interest cost of about 1.40%, Budget, resulting in a balance in its General Reserve Fund, and its as follows:— the General Fund of over $26,500,General and Refunding Bonds, $20,000 114s. Due on April X from 000 at June 30, 1950. This balance Principal and interest sive dated Nov. 15 the opening cluding (M-N; Lewis County Trusi 1950. Principal and interest (M-N) Co., Lowville. Legality approved payable at the Peoples Bank & by Vandewater, Sykes, Heckler & " 1955 The . . ! $31,000 local improvement sessment bonds. Due on I Chronicle Commercial and Financial (1778) 50 ton, District Clerk, will receive sealed bids until 4 p.m. (EST) on retirement or out of the for debt purchase of $1,- proceeds of another issue 575,000 building bonds. Dated Nov. Authority obligations. 1, 1950. Due on Nov. 1 from 1951 Portville, N. Y. for 13 Nov. the in¬ terest (M-N) payable at the Ros¬ lyn National Bank & Trust Co., Roslyn. Legality approved by Reed, Hoyt & Washburn, of New North Merrick Fire Town Merrick), New District (P. O. of Hempstead, York", of offered Brook National as IV2S, at a Freeport, price of 100.132, a as l%s, at a price basis of about 1.45%. on March '1/ 2y*s,i 1970;* $26,000 and 1969 from 1971 to 1973 inclusive; and $33,000 2s, due on March 1, 1974. v* due on: March 1 of 1.73%. 23,000 school bonds: $12,000 l%s, due on March 1 from 1963 to Hinsdale, ClarksCentral Sch. Dist. No. 1 (P. O. Portville), N. Y. Bond Offering—R. E. Brundage, District Clerk, will receive sealed aids at the office of J. Richmond Page, 514 Exchange Bank Bldg., until 2:30 p.m. (EST) on purchase of $675,000 construction bonds. Dated Oct. 1, 1950. Due on Oct. 1 from 1951 to 1975 inclusive. Principal and in¬ 2s, due $16,000 1679—were 100.17, a basis of about as $115,000 road and-bridge bonds; $40,000 l34s, due on March 1 from 1963 to 1968 inclusive;, Portville, Olean, Sale—The $25,000 fire ap¬ Meadow the sewer ville and Genesee > paratus bonds offered on Oct. 26 v. 172, p. 1578—were awarded Bank $55,000 about net interest cost of follows: a par, Nov. 2—v. 172, p. awarded to the Manu¬ facturers & Traders Trust Co., of bonds Buffalo, York City. Bond Sal*—The Bond price of Greensboro, jointly, at a 1.98%; inclusive. Principal and to 1979 to of Port inclusive;-$4,000 2s, due and 1970; $4-,000 2y4s, due March 1, 1971 andl 1972; and $3,000 2s, due March 1, 1973. 1968 March 1,1969 I OHIO Olean, Nov. 9 for the Hamlin, Clarkson and Greece-Central Sch. Dist. Parma, No. 1 ! (P. O. Hilton), New York terest (A-O) payable at the First Ashland,. Ohio ' *"■' . Offering—T. Bond V. Withers. Finance, will receive sealed bids until noon (EST) on Nov.-22 for the purchase of $19,of Director Legality approved by Vandewater, Sykes, 456.17 special assessment bonds, (A-O) payable at the Kenmore ing bonds offered Nov. 2—v. 172, Heckler & Galloway, of New divided as follows: / V<> office of the Manufacturers & p. 1679—were awarded to a group York City. ; Traders Trust Co., of Buffalo. Le¬ $11,380.28 street paving * bonds composed of George B. Gibbons Dated April 1, 1950, and due gality approved by O. Clyde Jos& Co., Inc., Chas. E. Weigold & Rhinebeck, Clinton, Milan, Red on Oct. 1 from 1951 to I960 iin, Town Attorney. Co., Bacon, Stevenson & Co., B. J. Hook, Hyde Park and Stanford inclusive.. / Van Ingen & Co., Inc., all of New Central School District No. 1 Brookhaven and Islip Common 8,075.91" sanitary sewer bonds ast fiscal year. York City, and Sage, Rutty & Co., (P. O. Rhinebeck), N. Y. School District No. 13 (P. O. Dated June 1, 1950, and due On July -1, 1950 the general of Rochester as 1.70s, at a price Holtsville), N. Y. Bond Sale—The $968,000 school on Oct. 1 from 1951 to 197C debt-incurring margin of The City of 100.66, a basis of about 1.64%. aonds offered Oct. 31—v. 172, p. Bond Sale—The $177,000 school inclusive. of New York amounted to $234,1679—were awarded to a group Patchogue, N. Y. bonds offered on Nov. 2 — v. 172, Separate: bids may be made or 686,442. Against this amount were p. 1678—were awarded to Hall & Bond Offering — Wm. W. Par- composed of Roosevelt & Cross, each issue:. Interest A-O. > reserved remainders of authoriza¬ of New York City; Manufacturers Co., New York, as 1.60s, at a price tions against which no contracts rott, Village Clerk, will receive & Traders Trust Co., Buffalo; of 100.33, a basis of about 1.55%. Butler Township School District sealed bids until 3 p.m. (EST) on or other liabilities had been regis¬ rancis I. duPont & Co., and (P. O. Vandalia), Ohio Nov. 6 for the purchase of $32,000 tered of $86,069,159, as well as the Clay, Cicero, Salina and DeWitt Treeman & Co., both of New York motor fire apparatus bonds. Dated Bond Sale—The $495,000 con¬ Central School District No. 3 balance of $133,464,306 for capital Nov. 1, 1950. Due on Nov. 1 from City, jointly, as 13/4S, at a price of struction bonds offered Oct. 3( (P. O. North Syracuse), projects included in the 1950 1951 to 1960 inclusive. Principal 100.58, a basis of about 1.70%. —v. New York '. 172, p. 1679—were awardec Capital Budget not yet authorized and interest (M-N) payable at the to a group composed of Hayden Utica, N. Y. Bond Offering—William Q. Coby the Board of Estimate, leaving Village Treasurer's office. Legal¬ Miller & Co.; Fahey, Clark & Co. larocco, District Clerk, will re¬ an unreserved margin of $15,152,Bond Sale—The $100,000 series ity approved by Wood, King & Hawley Shepard & Co., all o ceive sealed bids until 2 p.m. 977. D public improvement bonds of¬ Dawson, of New York City. Cleveland, and First of Michigai The fered Nov. 2 — v. 172, p. 1679 — Comptroller reports that (EST) on Nov. 9 for the purchase Penfield (P. O. Penfield), N. Y. of $59,000 school bonds. Dated the total City revenues, including were awarded to George B. Gib- Corp., Detroit, as 2Vas, at a pric< of 100.86, a basis of about 2.18% Bond Offering — James J. McSept. 15, 1950. Due on Sept. 15 accruals, for the operation of the aons & Co., Inc., and Chas. E. from 1951 to 1955 inclusive. Prin¬ Expense Budget for the fiscal year Gowan, Town Supervisor, will re¬ Weigold & Co., both of New York Columbus, Ohio cipal and interest (M-S) payable 1949-1950 amounted to $1,169,333,- ceive sealed bids until 10 a.m. City, jointly, as 1V2S, at a price of Bond Sale—The $1,250,000 re at the Cicero State Bank, Cicero. 712. The expenses, including en¬ (EST) on Nov. 13 for the purchase 100.77, a basis of about 1.417%. lief, sanitary and storm sewer Legality approved by Vandewater, cumbrances, were $1,169,084,943, of $18,500 town garage bonds. Fund No. 6, unlimited tax bond Sykes, Heckler & Galloway, of resulting in a saving of over $248,- Dated Dec. 1, 1950. Due on March Woodstock Common School District offered Nov. 1—v. 172, p. 1679New York City. from 1951 to 1955 inclusive, No. 2 (P. O. Woodstock), N. Y. 769, transferable to the Tax were awarded to a group com rincipal and interest (M-S) pay¬ Bond Sale—The $220,000 build¬ Cohlesville, Carlisle, Middleburgh, Deficiency Account. posed of Weeden & Co., Wm. E able at the Union Trust Co., Roch¬ ing bonds offered Nov. 1—v. 172, Pollock & Co., both of New Yorl In this report the Comptroller Fulton, Richmondville, Decatur ester. Legality approved by Moser, 1679—were awarded to the and Roseboom Central School indicates that the real estate tax City, and McMaster, Hutchinso Johnson & Lief, of Rochester. Kingston Trust Co., of Kingston, & District No. 1 (P. O. levy for the fiscal year 1949-195Q Co., of Chicago, as IV2S, at as IV2S, at a price of par. Coblesville), N. Y. amounted to $540,502,748, and that Peru, Ausable and Chesterfield Bond Sale—The $930,000 build¬ National Bank of Olean. , _ , of price Bond Offering—George street, District Clerk, C. Hem- will receive (EST) on Nov. 10 for the purchase of $325,000 school bonds. Dated Sept. 15, 1950. Due on Sept. 15 from 1951 to 1970 inclusive. Principal and interest (M-S) payable at the First National Bank of Cobles¬ sealed bids until 2 p.m. the at close of the fiscal Central School District year No. 1 ' Y. build¬ collected, as compared with $25,- ing bonds offered Nov. 1—v. 172, 428,097 at the close of the preced¬ p. 1578—were awarded to the Ma¬ ing fiscal year, or 4.84% of that rine Trust Co., of Buffalo, as 1V2S, at a price of 100.02, a basis of levy. $26,217,523, June 30, 4.85% (P. O. Keeseville), N. Sale—The $110,000 of the levy, remained un¬ The 1950, or report shows that on June Bond about 1.49%. Schrub-Oah-Mohegan Dist. (P. O. Yorktown Heights), N. Y. Yorktown, Water Offering—John H. Down¬ ing, Town Supervisor, will receive sealed bids until 2 p.m. (EST) on Nov. 14 for the purchase of $75,000 the improvement bonds. Dated Nov. 1, Plattsburg, N. Y. uncollected real es¬ 1950. Due on Nov. 1 from 1951 to fiscal year 1949Bond Sale—The $525,000 grade : 975 inclusive. Principal and in¬ dewater, Sykes, Heckler & Gallo¬ 1950 and all prior years amounted school construction bonds offered terest (M-N) payable at the way, of New York City. to $154,880,135, while on June 30, Nov. 1—v. 172, p. 1679—were Peekskill National Bank & Trust 1949 such uncollected taxes were awarded to Salomon Bros. & HutzConcord, Sardinia, Collins, AshCo. Legality approved by Vande¬ $156,097,954. At the close of this er, and Ira Haupt & Co:, both of water, Sykes, Heckler & Gallo¬ ford, Yorkshire and East Otto fiscal year the City had accumu¬ New York City, jointly, as iy4S, at Central School District No. 1 way, of New York City. lated a reserve of $102,348,969 to price of 100.053, a basis of (P. O. Springville), N. Y. about 1.24%. provide for that portion of the NORTH CAROLINA Bond Sale—The $990,000 build¬ taxes which were heretofore ing bonds offered Oct. 30—v. 172, Port of New York Authority, N. Y. Burke County (P. O. Morganton), levied and may prove to be un¬ To Redeem Bonds—The Author¬ p. 1578—were awarded to a group North Carolina collectible. composed of Halsey, Stuart & Co.; ity is calling for the redemption Bond Sale—The $41,000 school George B. Gibbons & Co.; B. J. Comptroller Joseph compares on Dec. 15, 1950, of the outstand¬ Donds offered Oct. 31—v. 172, p. Van Ingen & Co.; Chas. E. Weithe amount of $46,300,000 of in¬ ing $67,031,000 par value of Gen¬ 1679—were awarded to the Equit¬ gold & Co., and Paul Frederick & debtedness issued in anticipation eral and Refunding Bonds, Fourth able Securities Corp., Nashville, Co., all of New York City, as 1.90s, of tax collections and outstanding Series, 3%, due 1976. The Fourth at a price of 100.18, a basis of June 30, 1949 with such indebted¬ Series Bonds will be redeemable at a price of 100.176, a net interest cost of about 1.41%, as follows: about 1.80%. ness outstanding on June 30, 1950 on thaf date at 102% of their face of $57,000,000. $16,000 1V4S. Due on May 1 from ; valjie plus accrued interest. Martinsburg Common Sch. Dist. It1 i^ estimated, that of the 1953 to 1958 inclusive. The report indicates that. the No. S ville. Legality approved by Van¬ 30, 1950 the tate taxes for the ' I (P.O. Lowville, R. F. D. No. 5), N. Y. Bond Offering — Pernel Rook, District Clerk, will receive sealed required to accomplish General Fund receipts for, the approximately fiscal year ended June 30, 1950 the ^redemption, amounted to $381,799,021; and. in¬ $55,285,000 will be available from amount 25,000 IV2S. Due on May 1 from inclusive. 1959 to 1963 Sale Additional street — The $100,00 lighting improvement Fun 2, limited tax bonds offere day were awarded to No. Bond abou 100.77, a basis of 1.44%. same group composed of Northern Triu Co., Chicago; Harriman Ripley i Co., Inc., New York City; Ryar Sutherland & Co., Toledo; Illino Chicago, and J. I Cincinnati, as IV2 price of 101.15, a basis of Company White at a about & Co., 1.32%. Ohio Dayton, Offering—E. E. Hagema Director of Finance and City A Bond countant, will until receive sealed bi purchase of $4,300,000 divided as follows:. the street opening, $1,100,000 f bon (EST) on Nov. 16 noon wider ing and extension, series unlimited tax bonds. Due Oct. 1 from 1952 to 1976 elusive. 750,000 park and playground ' provement, series D, unlim' ed tax bonds. Due on Oct. from 1952 to 1971 inclusive. Volume 172 Number 4957 . . The Commercial and Financial Chronicle . (1779) 700,000 city's portion * street and sewer improvement, - series E, Newburgh Heights, Ohio Offering — Frank J. Jira, Bond . * unlimited tax bonds. Oct. 1 1952 from Due to Village Clerk, will receive sealed in- bids until 7 p.m. (EST) on Nov. 21 for the purchase of $12,500 fire on 1966 * elusive. v * * * 250,000 bridge improvement, ries Oct. on from 1 to 1952 1976'inclusive. unliihited tax bonds. Oct. 1 from 1952 Due on in¬ 1976 to clusive. 900,00(1 and Water 'extension works improvement, limited tax Due Oct. on 1952 to 1971 from 1 inclusive. 400,000 intercepting sanitary improvement, limited sewer tax bonds. Due Oct. on 1 from 1952 to 1971 inclusive. All of the bonds 1950. dated Nov. are Principal interest A-O) payable at the City's fiscal gent in New York City or Dayn. Legality approved by Squire, anders & and Dempsey, of Cleveland. East Franklin ' Local Sch. Dist. (P. O. * R. D.I, Center Road, Clinton), 1 " from 1952 and Ohio Offering—D. H. tional Bank of Cleveland. Legality Squire, Sanders & Prin- inclusive. 1961 .• * > • * legal opinion. 1 v •,. •' .-v.- ■ k * County (P. Cincinnati), Ohio ^ Bond Offering—C. F. O. Hutchin- Clerk of the Board of County ommissioners, will receive sealed ids until 11 a.m. (EST) on Nov. 22 or the purchase of $543,500 bonds, on, fvided as follows: 439,000 trunk or main line storm and sanitary sewer bonds, series F. Due on Sept. 15 from > 1952 to 1976 inclusive. 104,500 and* water* line "sewer bonds. Due Sept. 15 from on 1952 to 1971 inclusive. The 950. bonds dated' Dec. are 15, Principal and interest (M-S) ayable at the County Treasurer's ffice. Legality ""approved by quire, & Sanders of Dempsey, leveland. Local School Hanover District (P. O. R. R. 5, Hamilton), Ohio, Bond Sale 172, he The — bonds rovement v. $25,000 offered im- Oct. 26 Highland HeightS "(P. O. Cleveland), Ohio Bond Offering — Tom Knowles, illage Clerk, will receive sealed ids until 8 p.m. (EST) on Nov. 20 or the purchase of $15,000 munical building bonds. Dated Oct. 1, Due on 1 from Dec. inclusive. 961 Township (P. O. $15,000 fire offered bonds to Ryan, Oct. 28 were Sutherland & of Toledo, as 2M>s, at a price Board Norman, Bond of are: Warr Acres, Bond bonds Offering City — T. C. Barrow- Clerk, sealed bids until 8 p.m. auditorium $350,000 1953 from bonds. 1974 to 30,000 water works bonds. 1953 from 450,000 storm from 1960 to sewer Due inclusive. bonds. Due 1974 inclusive. 1953 to Oklahoma Due inclusive. Sale—The $60,000 National Bank, as price of par. 2s, Oct. 31—v. awarded to sewer 172, the p. First Sept. on 1 from Due Sept. on 1 from 1954 to 1970 inclusive. Lincoln Caffall York financial of the New/ consulting firnt of Wainwright, Ramsey & Lancaster. The report deals with the increas¬ ing volume of stream sewage pol¬ Bailey & Sons, lution, which jumped almost 50% Clinton, and the Bank of Clin¬ in the amount of sewage and ton, jointly, purchased an issue of waste discharged by municipal $10,000 municipal cemetery bonds. Dated Sept. 15, 1950. Due on Sept. systems in the years 1944-1949, Clinton, S. C. Bond Sale—M. S. of 15 from 1951 to 1960 inclusive. and recommends several Principal and interest payable at be taken by the M. S. Bailey & Sons, of Clinton. municipalities. Legality approved by Sinkler, Gibbs & Simons, of Charleston. The Greenville County, Parker School District No. 5 IS (P. O. Greenville), * S. C. Chairman ard, the of report Tennessee until Board of (EST) on Nov. 16 for the purchase of $600,000 equip¬ ment bonds. Dated Dec. 1, 1950. noon Due on Jan. 1 inclusive. from 1952 1972 to Bonds maturing in 1962 are callable as of thereafter River organizing Compact. treatment of eluding Chattanooga, communities and Nashville at an a in- - Knoxville, estimated cost $26,000,000, tions and dis¬ sewage by 17 ♦ It provides for charged three at A to protect public health is outlined. correction - Ten¬ a accomplished in the nexfTive years about " ot Valley Water San¬ Basin program to be well as as institu¬ State TVA community. The long range program transcending the South Carolina (State of) that member a Compact and that the State nessee of and. its recommends take the lead in the steps to State become the Ohio River itation Bond Offering—James F. How¬ five year minimum is aimed Bond Sale—The Albany, Ore. Bond Sale The $70,000 im¬ provement bonds offered Oct. 25 of 100.60, basis a of ceeds of which be used Doylestown, Pa. Dallas Indep. Sch. Dist., S. Dak. Leroy Frack, Bond Offering — Ha^el WomelBorough Secretary, will receive sealed bids until 7:30 p.m. (EST) dorf, District Clerk, will receive on Nov. 16 for the purchase of sealed bids until 8 p.m. (CST) on $150,000 sewer bonds. Dated Dec. Nov. 15 for the purchase of $59,1, 1950. Due on Dec. 1 from 1951 to 1980 inclusive. Bonds maturing in 1961 and thereafter as are callable Legality ap¬ Townsend, Elliott & Dec. of 1, by 1960. County Institution Lycoming Aug. bonds. 3% Due obligation 172, —v. to the bonds offered Oct. 30 1579—were awarded First Port Vue National Bond Offering District Bank of l%s. as School — proved or designated by the bidder. Legality & , >1 tfiuofn* Bond works obligation bonds 172, —v. ap¬ Benson, offered sewer 1580—were $525,000 water system awarded ties Corp., & revenue to a group Nashville; John Nuveen Co., Chicago, and Rowles, Win¬ ston & of Co., of Houston, at 100.098, about a price net interest cost of a 2.77%, as follows: 423,000 2%s. Due 1960 price of Oct. 26 Cuero to Nov. 1 from 011 Corp., Nov. 1 from Independent School District, T exas of par. on 1980 inclusive. awarded 1579—were p. a Sale—The and of $102,000 31/4S. Due S. Dak. Wachob-Bender the to :y,UW: composed of the Equitable Securi¬ Sale—The $45,000 general Bond Sale—An issue of $125,000 cafeteria and housing bonds was purchased by Russ & Co., of San TENNESSEE Anna Krajack, 1, 1950. Due on Nov. 1 from 1951 1970 inclusive. Principal and TEXAS Aransas Pass, Texas 1952 to 1959 inclusive. Lake Andes, Bond Omaha, at to Antonio. Madison County (P. O. Jackson), Tenn. Harris County (P. O. Houston), Texas ' Bond Offering — August Wilde, County Judge, will offer at tion an at 2 p.m. issue bonds. Sept. of Dated 1, 1970. (CST) on $200,000 Sept. 1, auc¬ Nov. 21 highway 1950. Principal and Due Bond Offering—H. L. Washburn, County Auditor, will receive seal¬ ed bids Nov. 15 until for 11 the a.m. (CST) on purchase of $1,- in¬ 500,000 court house and jail bonds, terest (M-S) payable at the Chem¬ series B of 1950. Dated Dec. 10, '- Due on Dec. 10 from 1951 ical Bank & Trust Co., New York 1950. d f to 1960 inclusive. Callable after $10,000 general City. Legality approved by Chap¬ nine years from date of issue. Leoffered Oct. 9 man & Cutler, of Chicago. South Connellsvilld/Pa.^ bonds Bonds maturing District, Pa. will receive (EST) on Nov. 6 for the purchase of $70,000 improvement bonds. Dated Nov. Bond Sale—The Oct. 1 from 1953 by Faegre procedural Oct. bonds offered Oct. 27—v. 172, p. (A-O) payable at bank sealed bids until 8 p.m. obligation Dated 1965. Principal and 1, several ^ Minneapolis. Secretary, „ on company successful p. Williamsport, 1 from burgh. turnpike revenue Aug. 1, 1990. interest trust Dis¬ (P. O. Williamsport), Pa. Bond Sale—The $75,000 general . 1962 to 1989 inclusive. 4,370,000 Due Oct. of trict turnpike revenue interest payable at the Union Na¬ on Aug. 1 from tional Bank of McKeesport. Regal¬ 1958 to 1961 inclusive. ity approved by Burgwin(iCbqrch25,660,000 3x/&% turnpike revenue ill, Ruffin & Hazlett, oj[ Pitts¬ on 1, 1950. to 1970 inclusive. Lancaster, Pa. Sale—The Bond Due Due refunding bonds. in 1966 and thereafter are callable 4% bonds. 000 as in and changes. Bond Offering—C. & will ture, SOUTH DAKOTA $300,000 im¬ Co., both of provement bonds offered Oct. 31 —v. 172, p. 1579—were awarded New York .City, jointly headed a to the Philadelphia National Bank syndicate which made public of¬ of Philadelphia, as IVas, at a price fering on Nov. 2 of a new issue of of 100.71, a basis of about 1.13%. $31,000,000 revenue bonds, pro¬ Co., and Allen basis of about 1.24%. a price a Munson, of Philadelphia. Turnpike Authority . build- bonds offered Oct. 28—v. 172, ichmond a Due 39,000 2s. "OREGON Publicly Offered—Shields bonds. ...1282—were awarded to the New t 6s. 1951 to 1953 inclusive. and (P. O. Oklahoma City), Okla. $970,000 District, Ohio g by $6,000 Trustees, will receive sealed bids $330,000 * follows: County Indep. Sch. Dist. Jan. 1, 1961. Principal and inter¬ No. 7 (P. O. Cord ell), Okla. est (J-J) payable at such bank or Bond Sale The $32,000 school trust company as may be agreed house bonds offered Oct. 24—v. upon by the Board of Trustees and 172, p. 1579—were awarded to the the successful bidder. Legality ap¬ First Securities Co., of Oklahoma proved by Sinkler, Gibbs & Si¬ City. mons, of Charleston. proved . 2.20%. offered Okla. National Bank & Trust Co., Okla¬ homa City, at basis of about 2.40%. constructing an 88-mile express The bonds are dated Nov. 1, highway connecting Oklahoma 950. Due on Nov. 1 from 1952 to City and Tulsa. The bonds were awarded to the syndicate via com¬ 961 inclusive. InteresCM-N. petitive bids last May, but readison Township Local Sch. Dist. offering had to be deferred pend¬ (P. O. Trotwood), Ohio ing final validation of the securi¬ Bond Sale—The $80,000 build- ties. The first step in the proceed¬ g bonds offered Nov. 1—v. 172, ings was approval of the issue by 1578—were awarded to a group the State Supreme Court in July, omposed of Doll & Isphording, 1950. This ruling was appealed and dismissed c., Provident Savings Bank & was by the United rust Co., and Weil, Roth & Irv- States Supreme Court in October, g Co., all of Cincinnati, as 2V4S, 1950. The $31,000,000 bonds con¬ t a price of 100.57, a basis of sist of the following: New Richmond Local School Sale—The 1679—were f 100.593, a Bond & about 1.31%. Okla. will receive (CST) on Nov. 14 for the purchase of $830,000 bonds, divided as follows: man, & en- the 1953 to 1962 inclusive. Bonds Glenford), Ohio bout Shields & — Principal and in- Bond Sale—The o., with Study Com¬ $5,000,000 high¬ at ultimate elimination of other 1952 to 1961 inclusive. Int. M-S. way bonds offered Oct. 31—v. 172, present sources of pollution and p. 1579—were awarded to a syn¬ Shaker Heights (P. O. the meeting of new pollution —v. dicate composed of Halsey, Stuart 172, p. 1483—were awarded Cleveland 20), Ohio to the First National Bank of & Co.; R. S. Dickson & Co., of loads as they occur. Bond Offering—T, E. Cook, Di¬ Portland, at a price of par, a net Charlotte; B. J. Van Ingen & Co.; The Study Commission's rector of report Finance, will receive interest cost of about 1.35%, as Hayden, Stone & Co.; Otis & Co., also sealed bids until noon (EST) on recommends that financing follows: Inc., all of New York; Hamilton Nov. 17 for the purchase of $600,be handled by the & offending com¬ Co.,,,.of Chester; Peoples Na¬ 000 sewer and drain bonds, series $28,000 l%s. Due on Dec. 1 from tional Bank, of Charlottesville; munity, or industry, "in keeping 1952 to 1955 inclusive. No. 5. Dated Dec. 1, 1950. Due 42,000 114s. Due on Dec. 1 from Peoples National Bank, of Rock with the spirit of home rule and on Oct. 1 from 1952 to 1961 in¬ Hill; First National Bank, of Mem¬ 1956 to 1961 inclusive. clusive. Interest A-O. suggests additional local taxes to phis; Clement A. Evans & Co., of be imposed for general commu¬ PENNSYLVANIA Atlanta; Kebbon, McCormick & OKLAHOMA Co., of Chicago; Field, Richards & nity purposes. It recommends re¬ Allentown School District, Pa. Coyle, Okla. Co., of Cleveland; Thomas & Co., activation of the Stream Pollution Bond Sale—The $500,000 im¬ Bond of Offering—L. N. Conley, Pittsburgh; Kenower, Mac- Control Board with the substitu¬ provement bonds offered Oct. 26 Town Clerk, will receive sealed Arthur & Co., of Detroit; William —v. 172, p. 1483—were awarded tion of the Executive Director of bids until '7:30 R. Compton Co., of New York, and p.m. (CST) on to Harriman Ripley & Co., Inc., Nov. 8 for the purchase of $10,000 Frost, Read & Simons, of Charles¬ the State Planning Commission New York City, and Harrison & water works bonds. Due from ton, as 1V4S, at a price of 100.069, for the Commissioner of Agricul¬ Co., Philadelphia, jointly, as l%s, 1952 to Co., Cleveland. Hopewell warded of Towp. Bridge No. 12 bonds. Dated Sept. 1, 1950. Due on Sept. 1 from (J-D) payable at the Cleve- nd Trust ine Allen Stream; Pollution— mission of the State of Tennessee Aiken — Offering—Fred L. Tipton, County Commissioners, will receive sealed bids until noon (EST) on Nov. 13 for the purchase of $10,000 Walnut Cleveland Corp., of leveland, as 2s, at a price of 00.93, a basis of about 1.88%. erest Bond 1578—were awarded to p. First 950. Associated and on The Stream Pollution County (P. O. Aiken), S. C. has just Bond Sale—R. S. Dickson & released its report to Co., of Charlotte, have purchased $45,- Governor Gordon Browning, dated 000 hospital bonds, divided as Co. July 1, 1950, which was prepared Interest A-O. Pickaway County (P. O. Circleville), Ohio Clerk I Hamilton t. ,, the Marine Midland Trust Washita anal Fulton. Successful bidder to j Report CAROLINA .. Tennessee (State of) ^ Connellsville. SOUTH Nicolaus & Co. (J-D) payable b the Exchange Bank Company, ' tional Bank of or Co. in the offering Eastman, Dillon & Co.; Stifel, Dempsey, of Cleveland. Inc.; Salomon Bros. & Hutzler; Bear, Stearns & Co.; Newtown Local Sch. Dist., Ohio Blair, Rollins & Co. Inc.; R. W. Bonds Not Sold District was Pressprich & Co.; Stranahan, Har¬ unable to award the $15,000 im¬ ris & Co. Inc.; Leedy, Wheeler & provement bonds offered Nov. 2— Alleman Inc.; Hirsch & Co.; Ira v. 172, p. 1679—owing to the fact Haupt & Co.; Robert Hawkins & that insufficient prior notice of Co. Inc.; The Robinson-Humphrey the sale had been given. Co.; Herbert J. Sims & Co., Inc.; Emerson & Co.; M. E. Allison & Northridge Local School District Co., Inc.; C. Edgar Honnold; Evan (P. O. Dayton), Ohio Bond Sale—The $410,000 build¬ L. Davis, and Leo Oppenheim & ing bonds offered Oct. 31—v. 172, Co. p. 1578 — were awarded to Braun, Thomas, Okla. Bosworth & Co., Inc., and StranaBond Sale—The $15,000 fire de¬ han, Harris & Co., Inc., Toledo, partment bonds offered Nov. 1—v. jointly, as 2V4S, at a price of 172, p. 1679—were awarded to 101.19, a basis of about 2.16%.— R. J. Edwards, Inc., of Oklahoma Orwell, Ohio City, as 3s. by approved ipal and interest rovide at Co., Oklahoma City, New York Myers, 1952 to 1971 inclusive. rom Trust Co., City.: Callable prior to to 1976 maturity. Legality approved by interest Mitchell & Pershing, of N. Y. City. 1, 1950. Bond Offering—Helen R. Irwin, lerk of the Board of Education, Village Clerk, will receive sealed bids until noon (EST) on Nov. 21 ill receive sealed bids until noon for the purchase of $6,500 fire de¬ EST) on Nov. 8 for the purchase bonds. Dated Oct. 1, £: $200,000 improvement bonds, partment 1950. Due on Oct. 1 from 1952 to ated Dec. 1, 1950. Due on Dec. 1 Bond • 1 Principal & awarded to the Second Na¬ were — bohd's. , Dec. on inclusive. , (J-D) payable at the Central Na¬ 200,000 safety building, series C, ': station bonds. Dated Nov. D, unlimited tax bonds. Due Due 1 se¬ The bonds are dated Aug. 1, 1950. Principal and interest (F-A) payable at the First National Bank 51 ; The Commercial and Financial Chronicle 52 gality Vandewater, of by approved Sykes, Heckler Galloway, & Richmond, Arledge, T. Offering—J. sealed bids until tees, will receive (CST) on Nov. 8 for the 7:30 p.m. purchase of $5,900,000 public school bonds. improvement bonds. Dated Jan. 1, Dated Dec. 1, 1950. Due on Dec. 1 1951 and due in from 1 to 20 years. from 1951 to 1981 inclusive. Bonds purchase of $900,000 maturing callable are Principal and in¬ terest (J-D) payable at the First National Bank, Orange, or at the foregoing date. Bond Sale—An issue and works water bonds revenue of $175,000 system sewer sold was the to First 3s at a price of and 4V4s, Le¬ 1950. 1, Sept. Dated 100.10. Hugue- of Dallas. O. University of Texas (P. Austin), Texas announces 11 til (CST) a.m. forj The will re-' bids until of Offering — 7:30 p.m.' Will Ellis, i M will purchase of $95,000 school bonds. Dated Nov. Nov. on Dated Oct. Oct. 1 from 1951 to 1965 on Due1 1950. 1, inclu¬ interest payable (M-N) the at able First the at Gray, Sale—The $170,000 Bond Portsmouth, Va. Oct. offered 31—v. Trust & Savings Bank, Johnson, P. City Clerk and Auditor, will re- City school 172, CONSECUTIVE 100.214, of erans 1950 to payable Nov. 30, 17, 1950. Bertha Pope, sealed Dated Nov. 1, building 1950. Due bonds. May 1 on are in callable 1962 as thereafter and of May Principal and interest (M-N) pay¬ able at the First State Bank, Fen¬ Legality approved waukee. *Fully Administered...... 17 i *Low Priced Stock 06 Industry Classes Village of Belleville and Towns of Montrose 12 15 Building. and Exeter Chemical... Bond Joint School (P.O. Belleville), Wise. Sale—The build¬ $73,000 ing bonds offered Oct. 27—v. 172, ■. .09 Electrical Equipment..... .24 p. Food .06 Milwaukee Industrial Machinery.... .14 Investing Company...... .10 Merchandising .10 1580—were awarded to the 355.1 indexes contract Montreal, of son^ 274 263 < ^Estimated. . j - sales indexes based on daily and minerals multiply dur¬ three-month on moving averages, centered To convert indexes to total by $410,269,000, without seasonal adjustment, and payrolls index com¬ Labor Statistics. PRODUCTION 100) average = Without Lumber 1949 . Sept. Sept. 236 179 244 Sept. 236 Aug. 179 . 223 219 171 223 219 171 275 265 193 275 265 193 203 _ _ ' 198 168 203 198 168 792 744 373 792 744 373 +284 279 224 +284 279 224 +285 :" 287 252 +285 287 +267 273 231 +2G7 273 231 157 +212 209 157 175 +212 211 175 150 +212 208 150 — — — __ +212 +211 refining 211 208 ■ • 252 > ' + products and - 209 +212 metals and products Smelting and Fabricating of 1950 1949 1 - Aug. 244 ! Nonferrous Seasonal Adjustment Seasonal Variation Sept. Transportation equipment Automobiles (incl. parts) 141 177 + 178 132 166 164 Lumber net interest cost of about a as follows: + 149 152 119 + 171 170 132 +193 192 158 + 193 192 158 220 191 242 219 169 151 +219 183 214 - Cement Due on June 15, 1951 212 +210 Stone, clay & glass products— 189 146 + 170 155 + ( *Railroad Bond. Equipment Railroad Stock 2s, at a price of 101.58, a basis of about 1.85%. WYOMING struction *tn addition, extra distributions from net se¬ curity profits will be paid as follows: The General Bond Fund $.01, The Fully Admin¬ $.10, Railroad Bond Shares.S.OK awarded to were Co., 15, Stock Fund 172 a 172 139 + 122 115 a + 121 1C8 100 — and 139 • a leathers kid leathers—— 83 and a 25 Bank 3.27%, 1951 to 1956 inclusive, 167 + 187 110 + 115 + 116 134 145 The bonds offered Oct. 207 134 137 +239 254 267 Bond Sale—The $40,000 172, p. 1391—were Peters, Writer Denver, a as Oct. school 26—v. awarded to Christensen, of 2s, at a price of 100.26, basis of about 1.96%. 185 204 181 120 126 125 245 283 247 — tobacco 71 80 + 194 products Newsprint +168 ' , 81 76 76 + 169 78 194 190 169 228 203 232 203 228 r 116 .'1, 96 116 115 96 169 '. 116 publishing consumption 1 191 232 __ and 159 +169 161 159 165 148 157 238 208 200 1.79 156 165 163 /■ i +237 + 193 190 180 +198 190 176 3 176 145 167 149 3 167 149 471 23 , • Coke By-product Beehive : _ — 145 - +437 180 23 471 238 +267 Industrial chemicals products— were — +269 263 139 + 164 165 138 362 276 +376 362 276- 451 405 +457 451 405 1245 . Rayon 236 168 + 457 Paints 266 +166 +376 Chemical products Rubber 208 179 +437 products 238 a coal 200 + 198 and +237 + 193 a Petroleum 240 174 +245 240 174 ' . MINERALS ' of Montreal, 98.48, basis a Oct. Dated 1, of 1950, and Bituminous 3.24%. about due — coal— — — — _ Anthracite on 122 +167 162 122 133 58 133 133 58 144 142 60 144 142 60 97 50 92 97 * i 50 * 154 177 + 183 Crude petroleum- Oct. 1 from 1951 to 1970 inclusive. 162 133 92 Coal- 3s, at a price of as + 167 Piieln ■ v +183 154 177 * 4 +165 169 128 —\ +344 368 267 98 136 +135,,, Metal* nr* 1 ' St. Agathe des Monts Parish, Que. •Data Sale—The Bond $35,000 not road 26 yet available. tPreliminary. FREIGHT purchase bonds offered were Inc., of Montreal, at as $10,000 1951 3s. to 14,000 3*4 s. Due Oct. 1 from 11,000 3V2s. Due on Oct. 1, 1966. The bonds are dated Oct. 1,1950. 126 60 194 130 198 .186 128 139 125 143 150 140 72 product*— 148 v ' GO ICO 163 130 298 285 218 125 154 149 135 52 57 56 55 198 190 142 147 NOTE—To 55 - convert coal and miscellaneous inTFederal Reserve Chart Book, 104 57 121 145 Miscellaneous Merchandise, l.c.L. '95 79 . 155 * Ore. 1 Sept. Aug. 135 128 Livestock . Sept. 60 201 Forest < 1949 -1950 ? 12G — Grain Due on. Oct. 1 from Sept. Aug. 135 Coal 1957 inclusive. 1958 to 1965 inclusive. Without Seasonal Adjustment 1949 1950 Sept. follows: on =100) Adjusted for price of 98, a net interest cost of 3.55%, CARLOADINGS Seasonal Variation a i t average awarded to Rene T. Coke house; bonds ' offered 175 125 Printing awarded to L. G. Beaubien & Co.," about (P. O. Farson), Wyo. ' • 231 Gasoline 23 200 269 inclusive. on +200 229 Newsprint Sale—The $150,000 school bonds 158 176 126 PaDerboard dated Oct. 1,1950. are 155 174 197 Other Due on Oct. 1 from 1965 1957 to 120 167 + 153 120 Fuel oil 13,500 3V2S. 190 125 167 172 Paper and products Due on Oct. 1 from $60,000 2V2S. 190 131 Cigarettes of follows: as 131 84 + 122 veg.__ products ' est cost of about 36 125 Cigars Tobacco price of 98.32, a net inter¬ a 84 + 104 3 + 171 foods— and fruits Processed Oct. 3 + 117 + manufactured Other 76 + 165 products - Meatpacking Commerce, both of Toronto, joint¬ ly, at flour 88 3 84 87 a Wheat 98 110 +105 Manufactured food con¬ 86 + 101 106 117 3 77 leathers— lamb and 114 3 3 112 11 kip 121 155 189 191 - products Goat Wood, Gundy & Canadian the and $73,500 offered bonds Leclerc, Eden-F arson School District No. 21 .08 08 127 365 294 Tanning .10 Tobacco istered Fund $.07, The Low Priced Sale—The and truck .03 Utilities. 155 365 (1935-39 .09 *. 152 379 Cattle hide leathers June dated 127 294 a deliveries Leather inclusive. are 155 textiles— Wool Sheep Bond Oct. 11 06 bonds The 189 379 .— 164 +191 152 products consumption— Rayon 1955 inclusive. 1965 and Cotton 43,000 3V2s. Due on June 15 from 1956 to + 164 * Textiles • - Clay products 1952. 10,500 3s. Due June 15 from 1953 to ' minerals by .152. based steel and Electric school price 285 284 shown Open hearth & Robert¬ a 114 299 1950 Machinery at 140 281 * of F. W. Dodge month, Pig iron_ Morgan, Kempf to 145 +331 Adjusted for bonds offered Oct. 24 were award¬ ed 105 289 tPreliminary. available. Bureau of gteel $80,000 135 335' * '■-» Iron Co., of Milwaukee, as 07 Mining 394.0 (1935-1939 Commission, School Sale—The Bond Bond .21 Aviation.. „ 143.7 J400.2 INDUSTRIAL Ste. Marie School Commission, Que. Dist. No. 4 Automobile Steel 156.1 +320 1, Quebec .09 Common Stock i 148.7 158.0 Factory employment index, Iron Lines, Spooner & Quarles, of Mil¬ .09 Railroad + 150.2 + 134 yet figures, piled by by .08 Institutional Bond * 142.0 141.1 -I— MANUFACTURES McMasterville 143.5 148.1 the by 254 242 154.7 155.4 data for 37 Eastern States. in Federal Reserve Chart Book, multiply residential by $184,137,000 and all other by $226,132,000. QUEBEC 1961. 1, ^General Bond T guaranteed are 358 336 +148.7 Shoes purchase of $75,000 vet¬ nimore. Funds Petroleum not second value the Nov. dated are a a 254 240 + Construction at Magog Catholic School Commission, Quebec receive memorial maturing following Fourth Quarter dividends from net investment income have been , • by .379, nondurable by .469, and able 1950. Wis. — will Clerk, a from 1952 to 1970 inclusive. Bonds DIVIDEND * They of Chicago, bids until 7:30 p.m. (CST) on Nov. SECURITIES , bonds 123 247 averages. To convert durable manufactures, nondurable manufactures, to points in total index, shown in Federal Reserve Chart Book, &' and 163 346 * indexes Province. p. 1.48%. Offering 6 for the shareholders of record Nov. price a Fennimore, GROUP t a Vancouver. City Co.*. of 362 311 - _ a at basis of about Bond \ 246 NOTE—Production, carloadings, and department store Calf iy2s, as CORRECTION - 119 334 a — Nonagricultural ♦Data & Norris Montreal, of Quinlan, Western and 1580—were awarded to the Harris declared Anderson Co.; Collier, $26,500 2s. bonds The 158 a Department store stocks, value_ Graham & Co., all of L. Vancouver; Wis. Columbus, & VIRGINIA 58,h + 167 +162 value— contracts, * Coolidge Offering—A. 173 Winnipeg; of Sons, & Rich¬ WISCONSIN Rugg, of Boston. Bond Co.; J. 3.65%, National Bank Best, 198 Department store sales, value Toronto; Nesbitt, Thomson & Co., 98.52, Legality approved by of Boston. Ropes, +201 188 Furniture County Treasurer's office. Principal and interest pay¬ sive. & ardson Fairclough 1, 1950. 1952 to 1965 1 from 172 Total receive Nov. 8 for the Due 195 1950, and mature on Nov. 1, 1968. Wash. on bonds. of Montreal;' James Corp., The Nov. 9 for the purchase inclusive. Callable after five years $50,000 street construction from date of issue. Principal and (EST) Gundy Wood, Vancouver; (P. O. Mount Treasurer, 200 + 195 Total factory Toronto; McMahon and Burns, sealed bids until 11 a.m. (PST) on B. Nor¬ Treasurer, sealed ceive of Co., Skagit County Union High School $ 249 Employment— Toronto; Pemberton & Co., of ■pa* North Bennington, Vt. Village Co.; Dominion Securities Montreal; W. C. Harris & Co., Bond ton, & of County +252 Residential Corp.; Bell, Gouinlock & Co., all of Vernon), Offering—Ralph Weir and thereafter 1 199 All other of Dec. 1, 1955. Le¬ No. 247 Total Mills, 1969 District 1250 ... Construction Young, in refunding bonds. Bond com¬ inclusive. hospital VERMONT Durable was bonds due Nov. 20 on 221 carloadings bids un¬ purchase of $980,000 the +224 Freight and gents will receive sealed 184 payrolls, total Comptroller, gality approved by Wood, King & that the Board of Re¬ Dawson, of New York City. Vice-President 2+8 Total 1973 as t219 178 * to callable t211 212 Sept. Manufactures— 1956 are Aug. +215 Factory 1, 1950 and mature on Dec. 1 from Offering—C. D. Simmons, Bond & McLeod, Co.; & Sept. Sept. & The bonds are dated 1949 Nondurable bonds syndicate a 1949 1950 174 P. Co., of Toronto; Royal Securities William Mohr Thornton, Montgomery. Dec. Spence of Son & Co., of Seattle, Harper & fund posed of A. E. Ames & Co.; & Francisco, San Co., Seasonal Adjustment 209 production- Minerals by purchased of Co., of Boston, R. H. Moulton & and gality approved by Dumas, nin & Boothman, both of Without 1 Seasonal Variation Aug. Sale—An issue of $6,000- sinking r Adjusted for ' Sept. (P. O. Victoria), B. C. 3% 000 City, Robert Hawkins York New Southwest Co., of Dallas, as 2y4s, Co., Lee Higginson Corp., for all other series, average =100 ... ■ Industrial Commis¬ Power Columbia Bond Estabrook & of composed dicate ' „■ .. 1950 sion ing bonds was awarded to a syn¬ Texas Piano, . for construction contracts; average =100 1935-39 .! COLUMBIA BRITISH British 2%% electric revenue refund¬ INDEXES employment and payrolls; 100 for average = 1923-25 1952, and the 1, k issue of $2,400,- Sale—An Bond Nov. on indexes BUSINESS 1039 The l%s bonds. 2V4s, on July 1, 1956. County Longview), Wash. 000 office. State Treasurer's mature monthly $700,000,000 of issue an 1%% and 2y4% Public Utility District No. 1 (P. O. Cowlitz sold to chartered banks and investment dealers System issued Federal Reserve the of of. industrial production, factory employment and payrolls, etc. The indexes for September, together with a month and a j-ear ago, follow: its 26 Total WASHINGTON 1960, and as of the 1, Dec. on thereafter , Monday, November 6, 1950 . . September Business Index of Governors Board Oct. on Treasury Sale—The Bond Va. until Dec. 20 for ceive sealed bids the of) Canada (Dominion Maurice Mil¬ Bond Offering—J. Federal Reserve . The of the Board of Trus¬ ler, Director of Finance, will re¬ Secretary CANADA purchase of $1,575,000 munic¬ the Texas Orange Indep. Sch. Dist., Bond bids until Dec. 5 for ceive sealed ipal improvement bonds. New York City. ' . (1780) 56 ,.. / : indexes to points in total index, multiply coal by .213 and shown miscellaneous by .548. 40 The Commercial and Financial Chronicle (1768) CANADIAN Sales Range for Week Sale Price of Trices Par Moore Corp common Preferred National Breweries National Drug National common ____ Grocers - 82 97 27% 27% 100 12c 17%c 75,100 - New Sep 7% Aug 37 155 630 10% Mar 13 12 13 __I6o _ 22% 135 190 28 27 28% 1.70 1.90 19,625 26 25% 27% 1,245 95c 1.02 8,275 104 104% 20 1.00 104% Alger 11c New Bidlamaque New British New Calumet 9c lie 13,000 5c 5c 6%c * Oil 19 Jan 1.13 1.10 1.18 15,654 85c July 1.50 2.30 19,550 95c Mar 2.50 1.38 15,066 60c Jun 1.51 New Hugh Malartic New Jason New Laguerre Mines Newlund 1 Mines 21c New Marlon Long Mines— - Norseman Norzone 508.866 24c 17,265 22c 24 %c 12c ______ 50c 24c Sep Brock class Olsen Sep 31c Oct Apr 5c July 11c 6c July 20c Oct Sturgeon River July 7c Jun Sudbury Contact 7 %c 18,800 20c 34,150 4%C 3c 8,500 15c 14c 16c 24,150 10c July 32c 5%c 6 %C 15,000 3c Jan 10c Trusts common Oil preferred Sullivan May Oils Surf New PaeaJta Oils * i._ 1 Rouyn Merger Thurbois 8%c 1 New 1 Nib — _ Yellowknife 1 Nicholson Mines Nisto Norpick _ _ _ Gold Northern Canada Mines Northern North Extension Denison North Inca Gold Northland Nubar Mines Obaska Ltd Lake O'Brien (1940) Gold Oil Okalta 20% 5c 5c 5c 10,000 5c 6.00 5.30 6.00 89,010 2.25 11 11 11 25 10 July 130 130 10 121 Feb 15 May * 17 16c 16c 6c 6 %c 3.10 Mines 1 3.25 17 25 9,345 84c 22,700 11c 23,500* 1.21 1.27 11,030 9c 5,500 Orange Crush Orlao * __ Osisko Lake Page Hershey Paramaque Parbec Petrol Oil Pioneer Polaris & Powell 26,200 75c July 7.60 20,550 4.20 Feb Jan . _ Feb Apr 1.75 Jun 8.25 Oct 44% 83c 3c 3 Vac 3,200 3c Oct 7c May 36c 42c 24,200 17c Feb 60c Jun 4%c 5c 3,570 Aug 3c Feb Aug 1.58 Feb 7%c Apr 10%c May 4%c 4 %C 1,000 3c 3c 3C 3c 500 2c Aug 7c May 74c 82c 132,600 20c July 96c Oct 55 55 50 10 10 700 50c 1,600 Jun 51 Jun 56 Jan 5 40c 10 Nov 63c Jan Oct July 29c 32c 1,000 12 y2 c Aug 1.85 5,195 1.69 3.15 2.25 2.25 800 3.10 3.00 3.10 3,300 13 %c 10 %c 14c 265,500 1.12 1.08 1.15 11,400 62 _.i - Gold common 59% 62 745 __i 1.10 July 2.20 July May Nov 4 3c Jan 21c 49c Jun May July 1.18 Oct 42 % Mar 64% Oct _ _ 1.15 4 801 56c July 1.25 Oct 1.05 1.10 2,400 55c July 1.20 Oct 20% 20% 20% 280 17% Dome 1 17 17% 640 1.56 1.45 1.56 5,200 * Airways Mills com 15% Jan 22 % Jun 12 y2 Jan 21% Jun 1.28 Aug 2.05 Feb 3.55 Jun 2.45 2.50 1,950 5% 5% 6 430 5V4 July 47% 48% 290 45% July —10 60c Mar 8% 49 Jan Aug l 45c 45c 1.000 30c Mar 64c Jun 1 18c 19c 10,500 15c Mar 30c May 67c 65c July July 17 July 1 2.35 2.33 2.55 69,675 \ 76C 76c 85c 31,500 • 24% 24 2.65 Oct 1.84 May 26% 9,810 27 __1 61c 59c Oct 68c 587,750 40c Apr 97c 38c 35c 40c 16,842 19c Sep 43c 40c 120,960 35c 37 %c 11,100 1 37C 1 1 35C 84c 6c 7c 7,500 4o Feb 12c 3c 1,100 2c Sep 5c 9 Jan 11% 9% 9% 9% 345 14 14% 450 7c 8 VaC 11,500 4.80 16.100 12 % Feb 15% July 16 %c Apr 25c Feb 50c Jun Lake 31c 34c 30 J/4 735 27 Feb 10% 10% 10 Va 30% 100 10% Oct 11 121/" T>% Aug 8.85 Feb 15% Apr Mines • 3c 22"/4 ;__l ._i 27c 12% 2,690 2%C 31/4C 7,500 22 22% 22c 281/2 1.805 2c July 17% Oct 4%c Jan Jan 22% Oct 2nd 73,750 2nd San 1 Antonio Sarnia 34c Oct 21c Oct 12% Jan 30 I com Oct 19% Oct 85% Jan 50 Yb 104 Oct 59 59 161 Jan 59 % 2.60 2.70 1947 2.00 July Sep 4.05 6c Jan 3%C July 7% Aug 9c May i 6 J/2C 8,600 9 9 J/4 425 15 225 II* 97c 97c 1.00 10,100 : 1.60 1.65 1,100 24c 26c 18,324 __♦ 25c l 26% ; 11% 11% 13 13 50 10c 10c 11c 2,500 —1 960 3?c 38c 40c 29% 30% 6c 50 30 17 25 * Corp class B United Fuel class B Ltd Waite 14,100 36c July 62c 40c 37,050 15c Peb 40c 3.25 200 18% 20 1.24 34 265 34 _ __L 265 8.55 8.85 9.05 5,400 9.% 1,885 - 1.90 1.87 1 2.00 9.25 .13.795 1 7c 7c 15c 19c 43c 48c 16 11 11 . 25 • « W) Class I_. 52% 55 5,724 6% 65/a 25 10 10 Wekusko Consol 15 11c 19,000 Westeel 1 Ashley Western Weston —i— — Homestead . Oils Wingait 19 465 40c 39,025 20 190 27%- Jun 31% 31% 31 % 85 23c _ . Mines \ 20 Oct Feb 7c 71c Jun 16% Oct ' t 33% Oct May 30 Oct 20c Oct 30c 23% 4,506 34 Feb 29 Oct 99% Feb 104 Aug Sep 27% 28 195 100% 102 35 10c 10c 11c 8,300 7c July 14 %c Oct 10 %c 14c 73,100 4c Jan 17c Jun 1.00 1.12 14,200 1.00 5%c 5%c 5"%c 5,200 37% 36% 37% — • common __ — 100 * 1 . July 42 1,450 30 25 97 Sep 25 13 Mar 1.75 1.75 1.80 4.980 52c 51c 54c 51,650 85C L 13c Yellowknife Bear Mines class A 9%c May 18 1 ^ 13c 4,700 10c 14,590 73c July :6 6% 208 5 Oct 25c*' Apr 1.33 Apr July 92c Nov 2.27 Jan 60c Apr 11c . Apr 99% July 18 1.65 July 22c 85c . Oct Mar 4c 99% 1 _ 1.30 Nov 99 99% _ Zinc Mines — . 18 _ (G H) preferred Combing Wright-Hargreaves York Knitting Aug 16 102 1 Wood Yellorex c Jun 100 1 Electric & 21c 23% Oct Jun 14c 14% Aug. 32 '20 Sep 11c 5c Sep 4%c Mar 14% Oct 7 10% 1 ._ _ Gold Lead 58 May 34c Oct 12c : Wool Yale 18 % Apr 11.50 Jan 8 % 8,100 c 20 4.75 Mar 14% Winchester Larder Winnipeg 9% 36 40C • common Preferred Gold Sep 14% 1 10c Wiltsey-Coghlan Windward Jun May 5 — __. common— '_ (Geo) 19 15c Jun 32 Mineral Grocers Frcferred 9c 7%c * Products Western Canada Breweries Western 1 9%c West Malartic Oct 4.20 Apr 9.25 Nov 7.85 July 10 Sep Jun 55c 20c 14,452 55 * 9% 29c -6c 11% 6% * s_ A 9.70 65c : 15% Aug ' Waterous Ltd common—-^2 Jan July Sep 50 . Oct Jun 2c ...Jan 4,400 16 5.50 116,525 44c I (G 36 1.50 July 2,515 17c '__ 1 Feb Oct Nov 22% - Jan fr% 10,000 8.40 • 19c Sep May 56% -Jan tyay 3.25 July 2,460 46c 8% & ; (Hiram) 1.24 20 44 %c preferred 3.70 20 Jan 52- 22% Mar May Apr Apr 17c Nov 26 470 22 1 Dare 1.00 56%. 8% —' Oct 13% July' 56 9.20 a 20 20 . 8%c July 22 44 %c 1 Mines 3.00 114,850 - Oct 16% Oct 14,115 .1.00 16% 12,224 15c . •" —1 Gold Amulet Walker 17 56% f _•—_i——2— Mines Virginia 6 17 * ______/ Canada Mines Vicour 17 —♦ —— Oils Steel' Jun '47c 12 %c 1.00 50 L25 i United Keno Hill ' * preferred i 19 14c L_1 -y—2 A _u. Jun Jun I? 40c —1 United: Asbestos- —__L—1__— 80c 35 % Aug -42c v • Oct Oct May 34 -23% July 35c 17 45c * 17 Mar 17c 3.00 —-— Resources United - 11% 13% Aug 24c 1,195 30 9% Mav 10% Mar 10,575 30% 1.39 1 Oct 1.60 20c Oct July 15 1.03 2.10 40c Nov Toronto Stock Sep May 26% 27 1,554 22 47 July 145 47 Apr 14,100 10c 48% Aug May Feb 42c Sep May 1.25 6,900 2.58 1.33 49,010 1.60 July Sep 21 Va 2.80 455 Oct 20% 21 22 y4 1,070 19% July 18% July Apr 22 6.25 6.40 Jun 760 5.85 Aug 8.85 Jan 38c Jan 20c 6% Apr 19c 21 %c Week's Sales Last Range for Week Sale Price of Prices Shares stocks , Anglo Newfoundland Asbestos Devel - __5 Corp 28 • Range Since January 1 Brown Co Canada 8 & 5 Sugar Morse 310 24% Jan 37 t)ct Mar 163 Oct -155 123 ( i63 Marconi _1 Canadian Western Wbstinghouse 82 3% 9,989 125 230 7.00 21% 21% 14 * 92 87/s Feb 128 Jan . " 540 22 560 20 Vb July 14 50 9.75 6.05 July Oct Oct 23 Jan Sep May 14 Aug Jan 12 55 May 50 * • 21% 70 18% July 21% Nov 28% 29 % 220 21% Feb 29% Nov 3.85 29% 50 21% 21% . 4.00 715 2% Jan 5% Apr 10 39 ' 1 Canadian 305 8 Vac 6.75 - • ^ com General Investments Canadian Industries common—, __i 4.00 Lumber 57/8 5% " Copper 36 14 Dominion Canadian Coast Sep " _L Fairbanks Canadian 22 Va 7%c 124% Vinegars Canadian Oct 700 35% - _100 1 31 29 i L_1 1 common • Preferred, Bulolo Gold High Low High 27% 36 British Columbia Pulp & Paper com__» Low 6% - 76 80 __5 1.20 1.10 30% 7.25 Sep Nov Jan " 1.20 * ^ "76 3.50 13,100 " " L_* __1 225 57 700 " 70c "" 80 Jan Consolidated 1_ Paper 1 Dalhousie Oil Bridge j. 1.75 Jan I Dominion Glass Dominion Oilcloth 1 common & 35c 29% 39% 17% 6,000 28c 53 325 60 30 39% * Lino 6,450 37c 50% . 51% 31 Va 35C 60 ■» • —; 39 Va 145 32 Sep Jan 49 %c July July Oct May 44 Va Mar 63 Oct Oct 38% 41% Apr 40 56 % Oct ' 27 2.35 90c . Exchange-Curb Section Friday Dominion Oct 23 %c 28 Vac 1.20 ——, -A- - Nov 21% 2.45 1.05 Sep 9,700 14c Sep 90c 93c 15,400 48c Jan 2.24 50c A 97c 9% 21% 1 Mining class • 1 ____' Mines- Oct 20% __l . 12% 47 25c 50c common Dairies 465 59 50 —_ Mining Silver Standard B 59% Jan • Voting trust certificates Sigma Mines Class Jan 14 __i Gordon Silverwood 27 10 ZZZZZZZZZZ" Preferred class A Miller 895 19 102 . Rouyn Breweries Oct 58 J/2 19 101 13 Bridge Shawinigan Water & Power Silanco 56 % 19 101 2.65 Shawkey (1945) Mines Sheep Creek Gold Silver 56 % 1 " Selburn Oil Co Ltd Sherritt 1,330 Gold Security Freehold Petroleums Sicks 29% 99 Mines Scarfe class A Senator 27% 49 1st preferred preferred Sannorm 28 I_i preferred St Lawrence Paper 11% * Mining Canada c ' St Lawrence Corp common 1st preferred * May May Par 29% \ ! July Jun 6c «■ common 80c Sep 29% • Industries 5,800 17 Canadian Funds 14% 31c Rupununi Gold Mines 1.30 Union.,Aoceptance. common___l__——* Union Gas —1 May Apr 2.03 Mar io A 1;25 Jun 3c 1 class Mar 47c 1.25 7—._ Jun 7c i Royal Oak Dairy Royalite Oil 20 Jan Transvision-Television Violamac 17c Aug 12 %c -L__ Sep 60c 635 • Lac Nov July 3.75 !_■» Oils' Co__ 30c 34c 3.60 73c common 30c 3.65 1 A 5%c July 150 —__1 rights Villbona Apr May ——I 1 rights Ventures 3.65 2,000 Works class A Transcontinental Upper Sep 2.35 July 18 —• United Oct 11% 24c B Preferred 32% Oct 18 Petroleums Union Feb 10% ' . Jan 23c Traders Finance class A__—2 B May 1.66 14 %c 18 ' A May c Oct Petro * Iron Class Apr 1.20 24c Elevators Toronto Tower 3.30 15 % 1.12 Aug 9,500 • Feb Jan 4%c July 28% Mar 5,861 8%c Jun 8%c May Jan 1 Ltd 2.55 July 25c Mar 3c 50 2.45 2.31 Nov 18 Oct 40c 140 ny8 2.55 8c 6-00 UVs Oct 130 Nov * Towagmac Exploration Western 3.45 Mar 3 1.05 . * __ Oct 32c 1.76 - (Little) 50 31% 11% 1 Silver Mines:. United 29c 1 _ Gold Royal Bank Ryan May 12 %c Jun 1.80 3 Gold Russell 9c 7.75 15c 1 295 48% Long Sep 3,104 1 _ Regcourt Roxana Jan * Petroleum Roche 2.24 28c • Mines Redwater-Picadilly Class Nov 95c 47c Reeves MacDonald Robinson Apr' May 49% * Preferred Reno 2.33 30c 45c 49 _ Quebec Gold Quebec Labrador Quebec Manitou Queenston Gold Quemont Mining Quesabe Mines Ltd Red Poplar Gold Mines Reef Oct 43c 75c _ Flour Sep 92c * Metals Purity Oct 1.34 —1 ___ East 4.50 6y2c Aug 7.15 _ Prospectors' 42c 30% ny8 —:—» Feb —* Toronto Oct Feb 95c _ Preston 50 5,500 12c 11% 3%c Feb 1.25 Ltd Gas Pressed 4.75 Aug 7.30 _ Gold Rouyn 4.75 9%C 107/aC 28,200 1.36 July 15c. 1.27 Securities Reef 4 %C Feb 1 common . Corp 4.75 10 %C 4c 1.26 July Jun 12c 3%c July Voting trust certificates Power 12,100 1 River Powell 8,400 18C 1 Porcupine Peninsular Porcupine *•1.85 17c < Aug 5c _ Gold Oil 1.75 17c __i _ Crow 6,285 1,000 694,700 Aug May 18 %c Jun 36c Paymaster Consol Pickle 17C 45c 49% Mines Mines Credit 1.48 35c r _ Malartic People's 1.40 1.80 Oil Perron Gold 15c 52,500 Tubes Ltd 24c 41,340 7%C Partanen Malartic Penman's 85,603 37c 5 %C —— Porcupine Western 34C 6%C __ Pandora Cadillac Pan 29c ■ 1 Mines Petroleum Pamour 4%c July 7% July 1 . . Pacific 1 . Red Lake 6%c July 211 37c 31% Gold Torbrit Oct 31c 43/8c Orenada Gold Oct 20c 17c • Omni trans Exploration 70c Feb Feb 41c 4 Malartic 12,500 Aug __* -10 —, preferred Tailors Tombill Mar 9c common Pearson Oct 10% May Aug 15c 3.25 1.23 30 3%c July 7%C 1 * Tip Top Oct 6y«c Gold Feb 1,500 80c 9%C 16% 1,800 . 9%c * Thompson-Lundmark Oct Jun Oct 241 Teck-Hughes Gold Mines May 5.00 9c 79,900 9% 74% Mar 29 River Taylor, Oct 77c Aug 1.42 — Oils O'Learv 31c 33c 13c 9c :11 %c 9% Oct 33c 6,550 — July 4c 500 10 %c a ^ 63 41c 2.46 Mar 2,836 9%c Oct 30%c 3,500 60c • Selections 5 %C 16c 1 Ogama-Rockland 94,950 27,026 14c 1 Mines 35c 1,960* 42c 5.00 58c 1 1 73% 68,800 12c — Ltd 38c 16c 1 _: Mines Apr Oct 75c 18% 29 % 28% __1 July Jan 29 Ltd Tamblyn Ltd May 79c 58c • common 12c 25c 13c 1 Mines North Star Oil Taku May 2%c Jan 5c _. 1 July 19,900 3c * __ Apr Aug 20 —1 Apr Apr 8 Mar 225 755 50c Sylvanite May 13c 25c 10,500 "2 5%c • _ _ Mines 12c Feb 5c 4.o0 4.75 1 July 4c 7c 33c 35c 36c * 7c 500 6,500 30c 73% 1 __ Mining 23,183 6c lie 4 %c — 37c * Mines Normetal 8%c 6c 9%c _ 32c 1 _______ Noranda Mines Norlartic — * _ Mines Ltd 8c 6c — 43c 18 29 .* Inlet 6.50 Oct 17% ~ New 18 6% 7,100 Apr Oct 96 28 % : : _T 10% July 4.50 Sep 17% 100 Gold Cons Superior Apr 6%c 59c Jun 63 %c Mar 12 % * 1 Sterling Stuart 54c 18c Jan 28% : Sterling Coal Jun 54c May 100 20c 4c 125 7 % 86 Oct 22 * common Mines 43c 17c 15 7 May 1-05 May Oct 25 31,295 6 %c 5 57c 41 * 26,y00 18c 5 5 —1 Canada Steep Rock Iron 3.70 May 1,025 6% * Steeloy Mining Nov 14% * A Bros of Co 45 190% Jan Peb 19'A 2,235 14% 14% 32% 1,866 97/8 95% 9% * Gold Starratt Stedman Steel May _i - July July 40c 9% 95 * 100 Preferred 1 _ 35c 38c 38c Mines Jun 7%c 1 Mar 51c 2.15 2.30 Sep 10c Oct 2.20 _ Mines 19c 8,000 11 %c 12c * 20c 1 _ Lac Gold New 24c 20c 4%c — Gold Mosher New 17 %c 24c 58,725 1 — New Newnorth 21 %c — 26c 70 13c Stanley Oct 20c 19% '2 Paving common Standard Radio class A Oct 1.30 25c 19% Co Brazeau Standard Jun 2.20 1.30 1 235 Preferred Oct 2.25 - 41 Stadacona 1 Goldvue 30c 50c 40 % 20 Co common Standard Chemical common _i New 20,450 15,800 Oct Jun Mines 96 50c 68c Apr New Dickenson Mines 270 45c 1.84 9c 99% 100% 65c 27% Feb 99% July 35% Oct 32% Oct July July Apr Aug 46c South May 3c 23 % 11 26% Mar 720 65c Southam 17c 630 30% 1 Oct 3.10 Aug 6%c Aug 35Va -1 Oct 105 34 29% I High Jan 1UU Malartic Slater (N) July 9% Gold Sladen 28% 19 J/4 July 78c 101J/4 20 % 35 * January Low 97 Preferred Siscoe 13 July Range Since High 29% Oct Mar Shares 97 97 Class B 9% Mar Apr 24c 2,000 1 Dominion 10% 2,736 1.75 -> • _ Jan 22 9 12% _ preferred Oct 12 • iWm) 26c Simpson's Ltd class A 27% Mar Feb 12 • Petroleum NOV Jan 6c 8% • common. Mines Neilson 97 July 26% 9 5 - National Steel Car— Negus 22% * 72 1,115 Low 100 pfd Dairy Western Silverwood for Week of Prices Par High 12% ___ - National Hosiery class B National 94 13c 6 Sales Range Sale Price Range Since January 1 Low 27% * & Chemical corn- Preferred Shares _25 __ r. Week's Last STOCKS High J _: Mines Mylamaque Low • Monday, November NOVEMBER 3 Friday Week's Last Friday STOCKS . . MARKETS LISTED FOR WEEK ENDED RANGE . 2.35 1,800 _• 10% 10% 10Va 37C • 7% 7% '7% 50 2.24 Oct 6% Mar 92 Jan 1.04 2.35 Jun Oct 7% Oct 99% May Foothills Oils Hayes Steel International International j. 5.00 4.80 5.00 475 1 33% 32% 33% 295 Paper common ^ Utilities 1 7% 46 : 48- 3.15 6.00 Feb Jan 64 " __5 22 21% 22% 60 60 775 Sep 36% 37 V* 1,229 ' Jan 27 25 18% July Aug Jun " Langley's Ltd preferred _1 I 100 Loblaw 1 6 27 26% *27 300 5 24 23% 24% 1,430 21 % 217/a 8.15 8.45 104 108 Inc - 2 Minnesota & Ontario Ogilvie Floui4 Paper common Pend. Oreille 1 * .. Price Bros 1 ; Southwest Petroleums Supertest Sh warr ordinary Yukon Consol ' 830 • - - 125 1,120 - 25 ' 40c 40c 40c 1,000 130 , 1 131 225 50 %c 56C 1,660 17 Va Jan 19 Va Mar 5.05 Mar 63% Jan 30c- Mar 60 Jan 50c Sep Nov Jun 28 July 23 - 60 July 42 35 ' 26% Oct 22% Sep oe Cpti 195Q Volume Number 4957 172 . . The Commercial . and Financial Chronicle (1769) 41 OVER-THE-COUNTER SECURITIES Quotations for Friday, November 3 Investing Companies Mutual Funds— Bid Par Mutual Funds— 4.72 44V4 10.25 10.15 5W 2 9.27 19.94 21.71 23.79 37.71 40.55 17.52 18.95 300 5,450 142 147 6.26 25y4 15.47 17.01 I.64 28.86 4.51 15, Petroleum Steel 5.38 5.08 lOo 7.79 Mutual Fund of Boston Inc Mutual Invest Fund Inc Balanced 14.76 14.80 15.89 1 10.57 11.43 7.06 7.92 7.03 7.68 7.21 7.88 1 4.75 5.19 III 5.89 iy4s Selected Group Series__ 1 Low Priced Com Stock Series 1 3.89 York 4.69 17.53 1 11.80 7.87 8.62 1 stock 8.46 13.24 1 9.21 10.09 1 13.92 IIIi 15.25 10.87 11.53 1 4.59 5.03 12.35 13.13 Diversified Industry 7.68 8.42 Corporate bond 12.30 Electrical 5.71 series 13.39 12.18 10.87 1 20.60 Pacific Coast Invest Fund 1 12.17 1 7.93 1 6.45 9.53 Railroad equipment Steel 1 7.50 8.22 1 10.81 11.85 11.14 12.21 37/8 4% shares lc 5.44 5.97 Utility preferred Petroleum & Trading 5 5 17 25 1 16.94 18.22 lo 6.87 4.39 4.82' Putnam lc 5.77 (Geo) Fund 6.33 Republic 4.54 4.91 2.06 27.22 29.43 2 ft 12.39 1 23.08 lc lc lc lc Sovereign Investors I 6.90 88C State Corp.* 58.00 8.93 1 1 12.18 Boston—1 9.13 Investors Management Fund—1 Keystone Custodian Funds— 16.30 16.66 Union Bond 1 27.53 28.80 Union Preferred Grade Bds)—1 Bonds) Technical Fund Inc Fund Inc Texas Fund Inc Trusteed 1 Industry Fund Shares—25c series B 12.00 1 15.58 17.00 Stks)_J 14.66 5.82 1-51 bl.75 1.55% 5.46 5.99 Fund Fund—.—25c 2.41 • 9, Nov. 30, Dec. 33.69 12.62 79C 88c 10 Par Aetna Casualty & Surety— Aetna Insurance 10 48.36 1950 14, 1950 Manhattan Bank of the 1.65% Bills Bid 1.18ft 1.20% Jan. Jan. 25, 1.24% Feb. 1, Ask 1.24ft 1950 bl.34 1.24 ft 195111, 1951 bl.34 1.28% bl.34 1.28% bl.34 1.28% bl.34 1.28% bl.35 1.30% 28, 4, Jan. — 1951 18, 1951 1951. Bid 107 Bank of New Fifth & 59% Bank National 11.92 Chemical 20.49 19.27 Investment Oo 1 4.17 3.85 Trust Diversified Trustee Shares— E 10 2.50 8.26 9.45 1 2.35 2.65 1955 I Series 1956 1 2.49 71% of North America Insur Co 10 of N Y— 20 48 Ask 124 128 24% 16 50 ft 10 TruBt ft National 18% 19ft Sterling 50 ft 52 ft Title 25% United 5 27 33 ft 8 24% 26% 17 18ft National Casualty 20 y2 21% National Fire 30% 32% National Union 60 y2 63 New Amsterdam 60 y2 63 ft New Hampshire Fire York 103 ft & Mfrs North (Detroit)—10 10 58 Casualty- 51 288 10 10 66 68 y2 Pacific Crum & Forster 10 35% 38% 56 59 Preferred 73 ft 77ft Providence-Washington 5 49% 52% 11% — 10 15 B" -JO —10 should have 48% 50% First 32% 33% 35% 2% 33 Trust 10 7% 8% 137 10 32% 34% g 35 ft 37 ft 205 35 36 43 ft ,1-. 17 51 53 & Trust.20 24 171 National Mercantile-Commerce St & Louis Valley 100 224 285 305 100 Co 620 640 12 ft 25 63 ft Trust 25 55 Va 55 20 54 Bank & Trust—20 Trust 56 100 55 ft 'a- — 160 230 100 Savings 26 • 100 & Trust United Bank & 93 Natl Union Trust Tower Grove 89 ft Bank San Francisco Bank of Amer N T & S A„6.25 26% 27% 33 ft Boston Bid Edison 2%s Elec Ask Bonds— Bid 1980 Ilium 101 101% Public Serv El & Gas 2%s„1980 2%s__1985 101 101% Southern IOOJ/2 101 y4 Virginia Elec & Pow 2%s 100 % Ask 100% Dallas Pow & Light 2%s 1980 Delaware Pow & Lt 2%s__-1980 Duquesne Light 2%s 1980 Illinois Calif Gas 101 100 % 101 1990 100 % 101% Alabama Potomac Elec. Power 2%s„1985 101% Florida Pow Corp 27/8S_1980 1980 100 ft 101% 101% 102% 100% 100% 101 ft 1980 2%s Power Co N J Bell Tel Co 35 ft Security Issues 2%s 100ft Stocks— Pow 4.60ft Co 103% pfd_100 101 4.60ft pfd.100 104% 0,01% M 32 ft read Accident — 10 „ 34 ft 44% 46 J/4 32% 34% —100 478 49 a Odd lot sale (not included In year's range), in change, n Admitted year's range), 51 S 190 Trust—33% Bank Trust Cleveland 34 Fidelity & Guaranty Co—2 U S Fire 4 U. S. Guarantee 10 Westchester Fire 1 U 100 Recent 3ft 31 463 Travelers 648 20 20 Bank Manufacturers Bank 9ft 8% 618 Illinois ft 57 Bank Nat Exchange National Mutual Bank Bank 54 55 Mercantile-Commerce B & T.100 102 97 12 100 Included 31% 133 ^ Springfield Fire & Marine——10 Standard 94 ft Haven) (New J. " 12% 22% A Bank ft Trust_17ft Bonds- 63 l_iaob Amer 25 52 20 St. Louis 243 Boatmen's Trust 39ft 12 ft United States Natl Bank 43 ft ft 335 37 ft 55 ft 53 ft 237 18 ft 81 108 Security First National Bank 95 ft 65 17 59 29 ft 20% 61ft 105 Seaboard Surety 27 ft 19% 1,625 41ft Trust 20 Portland 92 ft 152 78 5 21'A ft Trust 8% 145 5 Reinsurance Corp 5 10 Republic Globe & Rutgers Fire common_5 Home Northern 10 68 ft 63 ft 10 20 1O0 45 2 (N Y)— 10 (Texas) -12% Paul Fire ft Marino 64 ft 60 y2 St Co Bank 32 29% 100 47% Accident 10 — Harris 39% 7% Phoenix 10 2nd preferred 35% 10 10 — ft 42 45% Casualty Co 40% 315 20 National 37% 25 38% 315 Mellon Natl Bank ft Trust 28 Fire 10 Reinsurance Corp 69% 25 21 Pacific Indemnity Co 101 Trust National 33 19% 93 .98 66 Angeles —25 States 2 .12.50 Connecticut General Life Continental Casualty 20 41 Commerce Peoples First National Chicago First 26 ft Northern Northeastern 5 61 3.33% 63% 10 70 ft 297 ft Co Inc Guarantee National 5 23% Phlla 67 of Farmers Deposit Natl Bank—100 35 18 10 100 1,575 City Natl Bank ft Trust -2.50 Fire 21 ft Newark - 10 River Peerless 25 23 ft 54 10 100 Y Trust Nat'l 5 Fire 60% Fund of Frisco 10 Mississippi 9 34 98'/a & Deposit of Md 36 Va Pittsburgh 29 31 4 Merchants Fire 122 Bank— Square N P) Los ,300 City Bank York Public 5 Merchant Reinsurance 362 35 41 39 117 33 100 1,240 Trust (J National 52 ft — Massachusetts Bonding 48 ft Federal 352 lfl Security-First National 10 Trust County Trust Morgan New Assurance- 26% 45'/a • 100 Trust Detroit 73% Bank National Manufacturers Bid Par 24% Assoc Co City Bank 63 ft Bank ft Trust-20 Trust Franklin Companies 4 Inc 32 Bank Union 5% Bank Federation First 4.42 10 5 National 43% 5ft ft Empire Trust Fiduciary North Amer Trust Shares— 41% 61 Trust—10 Bank Continental County Trust Co (White Plains, N Y) Maryland Casualty common—1 10 $2.10 Prior preferred— 61ft 74 335 320 20 & Trust Bank Co. Corn Exchange Unit Type Trusts— Series Ask 31 Commercial National Bank & 17.92 Wisconsin Bid 20 39 ft Bankers Trust 18.78 Jersey Insurance 59 National Bank Central Cleveland 100 11.68 61% 71 Par 29 27% York Avenue 1 Ask 111 Companies Ask Bid Oo—10 1 3 Great American Hanover Fire Hartford Fire II Hartford Steamboller bl.80 Cleveland 1 10 Falls "lobe & Republic 1-51 Jan. 6.12 Line Fund Inc 25 Glens 8- Dec. 47 ft Bankers & Shippers Boston Camden Fire III IIIIII general 1-50 37% New of 11- 1.12ft Par Franklin 10 of 1.70% New York Continental b 1.60% bl.34 -— Wall Street Investing Corp Wellington Fund 48.36 .—25 American Fidelity & Casualty—3 American of Newark 2ft American Re-Insurance 10 American Surety 25 Automobile 10 Bremen 1.60% bl.75 100ft $1.05 Convertible preferred—5 10 Life fireman's bl.75 2-51 1.16 ft 1.18ft 45ft Series Insurance Assn 1-51 7- Banks & Trust Kings Fire 6- 2-50 bl.34 1950 Dec. 21, Irving Fidelity 1-50 10- bl.34 bl.34 1950 Dec. 7, Industrial Bank of Commerce. 10 Employers 1.60% 9- 1.65% bl.34 1950 Nov. 24, 1950 Guaranty Employees Group 1.55% bl.75 bl.34 16, Whitehall Fund Inc Second Fund— American Alliance American Automobile American Equitable Assur bl.75 1-50 bl.34 1950 Nov. Nov. 35% Independence Trust Shares (Net Asset Value) Aetna 2-51 5- Ask Bid 5.60 2.63 33.69 Loomis Sayles Mutual Fund— Agricultural 4- 1-50 United States Treasury 1 6.35 1 Value 11.67 16.00 Stks)__l Stocks) (Net Asset Value) 3- 97ft Stks)_l Loomis Sayles 1-50 10 18.72 Trust 6- 15 32.85 Lexington 1.35% Ask 3-50 8- 1.40% Central Hanover Bank & Trust 20 28.14 Knickerbocker 1.50% Chase 30.11 com 1.45% bl.70 5.28 25.80 com 1.45% bl.70 1-51 11.79 17.16 com bl.70 2-51 2- 4.83 pfd Stocks) 1 Appreciation pfd Stks)_l (Income (Low Priced 1-50 1- 1-50 10.85 10.99 (Income 12- 3-50 5- 1 Bonds)—-1 (Appreciation 3-50 4- 1.35% 19.06 Fund 8-4 7- 1.30% 21.61 Fund Shares 8-2 1.35% Bid 7- 1.40% 1 United Science 8-3 Due 1.40% Ask 1.45% 1 United Income common Dated Rate Bid bl.70 1-50 Stock Fund 20.19 (Quality Due 12- 1-50 Television-Electronics 27.21 K-i 3- 3.10 18.50 Bonds) (Speculative .9743 54.92 24.94 Priced B-4 8-1 2.84 54.92 1 (Low K-2 l value)-* Investment 9.98 (Medium Dated 1.30% 13.28 Street Fund asset Shares 11.74 B-2 Rate 9.73 Amer 15.39 B-3 99.9651 . Intermediary Credit Bank Debentures 60.50 __1 Selected (net 10.80 (Investment Indebtedness— 1951 1, 7.56 79c Inc 14.05 Bi 99.12 24.48 11.06 America of 99.9 99.10 13.40 Shareholders Trust of Boston 10.09 Investors Fund 1.24 Investment Trust lfts Jan. .7940 99.7 Scudder, Stevens A Clark 1.90 1.22 of 25% 5 shares Co y4 1 Insurance Group shares Stock and Bond Group Investment 24 10c Inc Group shares Group l 10c $1.50 lc Institutional Shares Ltd— Bank Tobacco Pacific Amer Investors com 7.53 Incorporated Investors Aviation Certificates of 7.07 stock Fund .8297 .8029 99.7649 . 1864 %- Federal 8.69 Railroad 4.88 Plan 99.7940 1951 13.34 Public 2.95 Utility shares 15, 22.58 9.81 2.68 Howe .8646 1951 11.47 ,7.03 4.44 Income Foundation Fund 99.8427 1, 11.91 8.95 9.77 shares 15. 1956- Nov. 13.35 1 Oils 10.01 10.47 6.41 lc shares 15, lfts March 14.67 1 j, Metals 8.41 lc Steel lfts March .8856 13.04 Machinery Merchandising '9.18 shares Tobacco l'As .8883 12.18 til.90 1 stock 11.11 1 equipment Insurance 8.33. Railroad Bond Shares Railroad .8881 99.8663 Ask 9.27 12.08 Building supply 6.43 —lo Oct. 12.93 1 10.70 shares 99.8686 99.8689 Bid Stocks Inc— Agriculture Automobile Diversified Investment Fund-l Diversified preferred stock—1 RR Equipment MaturityTreasury Notes—(Cont.) 18.85 7.60 5.86 Price Ask 5.13 1 England Fund New 7.87 lo 98.20 1957-1955 4.25 8.45 shares 98.12 1%S Oct 1, 8.19 6.93 8.70 100.24 Feb. 99.7751 3.86 7.18 lc Petroleum lV4s July 1 1951 '«B» iy4s July 1, 1951 "C'\ 7.49 Bank Merchandising shares 99.8 100.16 120 Bid 5.39 Series Series Industrial Stock 5.86 9.54 99.2 1955 1953 99.18 118 % Maturity- 3.53 Stock 7.71 k 1953-1951 1, 99.8 U. S. Certificates of Indebtedness 1 Speculative 65.06 7.67 99.10 1961 Series_IIIIl Series Chemical lc Panama Canal 3s l%s July 1, 1951 "D" iy4s Aug 1, 1951 iy4s Oct. 1,1951 5.42 8.38 Central Bank for Cooperatives— l%s Feb. 1, 1953 Treasury Notes— j Income 8.22 lf 2%s 99 100 Dollar 1 60.51 lo 99.30 Ask 1952-1950 Issue 1 16.85 1 Fund Aviation 5.20 Other 15.77 15.25 1 18.67 7.60 1951. Bid l%s May 1, Securities— series 17.27 7.50 99.30 15.96 14.51 1 Low Priced Bond Series Preferred Stock Series 18.38 II.30 99.28 point a Bonds— 99.30 1951 of Bank 33.88 1 National Investors Corp National Security Series— Bond 99.28 Land 8.54 31.34 t Natlon-Wide 1951 32m«s more or Federal 5.60 beneficial Interest 1 Mass Investors 2nd Fund Inc 1 •" Institutional bond shares—lc Mining 5.38 4.88 i0 New 16.77 4.88 6.96 6.05 10 lie shares Manhattan Bond Fund Inc Mass Irvwtors Trust— 6.09 5.52 4.29 15. one rtsk lfts Jan. 4.20 3.89 Feb. represent Bid 3.94 3.81 lc shares Ctfs 3.57 lo Furnishings shares_ Non-Ferrous Metals Paper shares 33% 6.35 Fully administered shares—lc p 1.70s Aug. 4.67 5.50 Investing Company shares—lc Low Priced , shares lc 4.52 2.41 32 Industries Fund Inc 1 General Capital Corp 1 General Investors Trust 1 Group Securities— Common (The) Stock Fund.lc Automobile shares lc Aviation shares lc Building shares lo Chemical shares lc Electrical Equipment shares_lc Food shares lc Industrial Machinery shares 4.10 Home 32.93 2.19 Gas shares 15, 21.40 30.46 Funds Inc— series lc Common stock series lc Fundamental Investors Inc 2 bond May 30.85 20.02 Preferred stock General 1%S 1.80 Franklin Custodian • 4.10 6.80 23 y4 Equity Fund Inc 20c Fidelity Fund Inc 5 Financial Industrial Fund Inc.l First Boston Corp 10 First Mutual Trust Fund 1 3.72 23.63 9.26 Commonwealth Investment 1 Consolidated Investment Trust-1 Delaware Fund 1 Dividend Shares 25c Eaton & HowardBalanced Fund 1 Stock Fund 1 lfts 3% 18.44 Federal Home Loan Banks— 4.31 21.88 21.86 Funds— 3.91 6% y2 Figures after decimal Ask lo 17.66 20.35 Bid shares-lc Electrical Eqiupment shares_lc General Industries shares lo 11.14 9.39 Par Automobile shares Business Equipment 4.18 16.25 WO Managed 45% 3.86 5 1 1 1 100 5 Preferred 7.26 4.36 10c value Net asset Broad Street Invest Corp Bullock Fund Ltd Century Shares Trust Chemical Fund . Christiana Securities com Obligations Of Government Agencies Ask 6.62 Aeronautical Securities 1 Affiliated Fund Inc 1% Amerex Holding Corp 10 American Business Shares 1 American Mutual Fund Inc_„__l Axe-Houghton Fund Inc 1 Axe-Houghton Fund B 5 Beneficial Corp 1 Blair Holdings Corp 1 Bond Inv Tr of America • Boston Fund Inc 1 Bowling Green Fund Inc— 66 69 liquidating dividend. 90 94 Issued, 20% 22% to •NO x value, Ex-interest. trading (Un) Ex-dividend, par e y N. Y. fFlat Curb, r Admitted to Unlisted Ex-rights, tin default. z b Bid yield price, price, Cash k Admitted sales d Deferred (not Includedi Trading privileges, n y*a w Ex-stock dividend. JThese bonds are subject to all delivery to listing on Federal taxes. * • d t Ex_ wl when 42 The Commercial and Financial (1770) clearings this week will show Preliminary figures compiled by cities of the based us increase an with compared 18.8% above total stands at ago. telegraphic advices from the chief upon those of the corresponding week last Our preliminary At week in 1949. same there is gain for the week ended Friday of 15.6%. a for the week follows: ; ■ - . Our comparative Third Federal Reserve BY Pennsylvania—Altoona 1,478,992 Bethlehem 1949 j $8,497,301,905 - $7,350,748,820 910,049,790 — - 699,391,075 __ Philadelphia 1,034,000,000 Boston Kansas City + 395,149,000 333,951,000 + 352.061,611 267,337,035 364,931,182. 284,090,690 3,0C9,766 + $13,057,866,204 $11,126,194,501 - Baltimore— '• Other cities, five days_ 3,191,282.140 — All cities, + $13,663,277,461 717.286,228 618,849,901 + 8,308.509 + 26.1 7,616,324 6,108,109 + 26.1 10,488,936 1,113,669,919 900,998,030 +23.6 7,058.404 + 12.0 6,765,196 38.2 6,153,391 183,108,590 354,144,221 170,851,885 301,285,934 '! 26,220,400 of next week. We cannot furnish Reserve them In the J 216,477,328 398,332,653 to ending Oct. which cases 25.8 For that week there was 18.9 week in 1949. same we an increase of 368,514,388 ■< Cleveland the are Reserve Federal Reserve by 24.4%. the week — of aggregate 22.8%, the located and from this the totals record of 26.4%. In the Kansas Reserve District 22.3% District 21.1% and the 2,826,569 following the in and an totals the are Atlanta gain of City Reserve District the increase is 23.4%, in the Dallas furnish a summary Federal Reserve 1st Boston 2nd New Srd Richmond 6th Atlanta 7th 8th :v 565,483,595 +20.7 609,711,590 545,825,050 +19.8 8,193,907,359 7,629,995,346 " 1,113,669,919 900,998.030 +23.6 977,084,733 926,077,522 11th San Total 729,656,980 +26.6 882,737,594 786,434,212 535,409,446 442,009,962 +21.1 513,422,862 790,623,946 635,723,770 +24.4 657,335,858 576,011,197 " 1,086,701,302 884,012,102 +22.9 978.958,851 " 028,916,442 520,028.222 +20.9 543,462,216 539,171,024 7 " 472,003,118 372,530,892 +26.4 438,542,524 416,451,970 City 15,457,682 13,466,225 + 20.2 70,196,649 + 19.3 246,700,000 67,080,817 214,600,003 5,392,842 3,924,660 + 37.4 3,125,404 + 18.7 3,770,823 3,388,032 98,966.232 74,046,305 + 33.7 77,106,684 131,556,863 Alabama—Birmingham 92,236,803 + 71,159,566 92,874,055 Mobile 6,993,422 Seventh 5,764,365 + 21.3 413,713 + 23.2 485,543 516,036 135,396,020 + 15.1 127,650,319 102,819,102 635,723,770 + 24.4 657,335,858 576,011,197 Federal Reserve — 1,159,140 6.6 1,183,699 1,597,335 11,009,282 , Lansing 8,648,985 + 27.3 9,233,508 9.494,713 5,406,479 4,625,180 + 16.9 4,584,8o0 6,112,760 ... Indiana—Fort Wayne C,172,377 4,727,876 + 30.6 6,361,282 5,487,221 52,436,000 + 18.4 56,333,000 50,942.000 8,251,414 6,669,073 + 23.7 6,996,568 . 2,377,974 + 38.2 3,013,736 57,872,015 + 29.5 60,667,578 49,310,510 4,995,026 3,266,053 52.9 3,379,766 3,808,479 31,.306,347 31,881,123 0.2 27,850,436 25,436,632 16,149,162 14,009,336 + 15.3 14,028,325 1,525,558 1,216,242 + 25.4 1,300,204 1,057,813 832,101,878 673,892,635 23.5 760,046 810 752,022,532 5,949,113 3,723,040 + 59.8 3,920,209 6,669,410 11,965,741 10,450,994 + 14.5 11,593,537 10,749,377 5,791,284 3,865,559 + 49.8 4,725,451 4,805,534 4,065,702 3,190,877 + 27.4 3,734,862 3,701,653 1,036,701,302 884,012,102 + 22.9 978,958,851 950,573,857 + 22.3 288,800,000 279,400,000 Iowa—Cedar Rapids Des Moines Sioux City __ _ Eighth Federal Reserve our 265,800,000 124,929,868 + 18.8 125,565,093 113,256,453 128,591,748 + 19.0 127,160,466 144,067,239 2,275,556 1,703,606 + 33.3 1,936,657 2,447,323 628,016,442 520,028,222 + 20.9 543,462,216 539,171,024 5,641,687 + 20.3 7,837,719 Total (4 Cities) Ninth Federal Reserve 2 80.864,915 " cities 881,765,724 747.476,853 North +17.9 797,087,258 722,399,416 16,274,213,143 13,409,876,929 +21.4 15,436,877,736 14,263,310,945 8,359,083,786 6,804,521,573 + 22,8 7,486,727,347 Dakota—Fargo 5- 1949 $ Inc.or 1948 Dec. % $ 1947 $ 1,430,278 + 4.0 1,480,303 1,669,249 3,669,126 + 14.3 3,606,445 4,218,487 479,821,438 + 21.7 522,416,263 463,599,848 2,519,135 2,302,548 + 9.4 2,075,632 Helena 1,478,830 1,003,646 + 47.3 1,225,098 1,225,355 2,253,592 1,818,240 9,222,067 10,118,668 2,088,475 7,647,790 7,726,402 5,251,683 23,029,256 + 14.575,340 10,176,132 11,338,977 26.4 438,542,524 416,451,970 + 124.257,908 7,637,973 + 29.2 364,852 527,065 >. 512,416 486,180 + 20.7 6,099,582 + 28.7 131,405,017 + 14.6 6,957,368 + 52.1 ■ 360,835,748 296,919,235 12.625,404 10,858,628 ■ 2,543,544 1,990,614 + 27.8 2,290,095 . 2.573,039 1,927,569 + 33.5 2,323,484 6,428,762 121,823,968 8,025,292 12,230,492 317,523,905 11,418,406 1,311,334 1,553,678 568,412,961 460,551,895 + 23.4 523,101,885 481,166,869 + 25.4 5,927,545 21.1 254,118,983 6,158,343 230,875,000 + 32.3 28,492,430 8,750,158 Total (10 cities) Eleventh Federal ■*. 9,946,661 + 26.6 11,532,233 21.5 349,466,195 + 1G.3 11,988,430 + Reserve District—Dallas— Dallas Fort Worth 24,437,500 1,876,212 1,376,019 565,433,595 + 20.7 609,711,590 545,825,050 7,737,742 5,442,700 + 39.2 5,268,000 5,964,401 Louisiana—Shreveport 24,541,361 7,577,000. Wichita Falls 255,051,253 32,468,976 Galveston... 6,169,840 308,920,599 4,413,921 + 35.0 3,794,437 10,577,030 9,503,727 373,245,748 Total (6 cities) 305,127,802 + 11.3 8,293,611 28,978.825 5,097,000 2,787,111 6,968,631 + 22.3 306,525,006 280,864,915 + - I 22,587,532 —34.2 10,954,488 11,874,939 2,600,834 + 31.0 2,738,169 2,424,219 81,332 869 + 27.8 63,945,278 74,366,545 Twelfth Federal Reserve District—San Francisco— Washington—Seattle 164,174,754 Oregon—Portland 1,773,611 1,30(4,458 + 35.5 1,521,521 1,200,391 Utah—Salt Lake City 1,749,328 + 19.2 1,781,651 1,637,476 California—Long Beach 7,915,129,362 6,605,355,356 + 19.8 7,950,150,389 7,403,973,193 21,644,548 17,632,417 + 22.8 17,477,577 16,785,822 Syracuse..: 15,434,428 11,964,687 + 29.0 15,007,689 13,982,392 + a Newark 47,413,731 61,619,312 8,202,306,119 • 12,030,389 10,372,246 12,895,766 11,088,240 796,278 7.3 731,563 658,594 40,203,353 + 17.9 52,953,989 + 34.5 51,661,864 47,242.736 6,045,276,826 + 19.6 8,198,907,359 7,629,995,346 + 42.2 125,902,374 108,418,207 3,240,796 + 38.1 4,204033 136,411,492 + 9.3 158,865,426 59,895,059 3,587,757 134,359,093 50,646,999 8,540,860 6,899,882 386,516,474 10,376,527 3,891,979 9,161,633 -66,578,993 . + 9,122,213 + 18.4 6,955,132 441,438,649 San Jose + 20.6 12,506,323 10,796,949 San Francisco 55,199,997 15,672,911 Pasadena 393,611,433 10,131,614 + 12.1 407,974,660 38.5 11,859,050 ' 3,543,363 14,103,700 Santa Barbara. Stockton— *4,300,000 . 3,543,890 +21.3 8.243,309 + 881,765,724 747,476,853 i__,— '■ 16.274,213,i48 13 405,876,929 , Grand Total (112 cities) Outside New York a Now included in + 25.3 '11,172,800 __ Total (10 Cities) 48,370,945 45,827,037 115,415.736 4.474,440 149,052.523 Yakima—: 2,084,809 • 365,761 159,871,711 ^ 10,082,172 24,451,300 V? 538,119 6,109,427 12,589,959 10,757,548 +15.2 © + 16.5 City— 556,223 Missouri—Kansas City St. Joseph Colorado—Colorado Springs— + 43.2 + 14.5 Jamestown. Northern New Jersey 373,530,892 695,036 Texas—Austin 1,126,730 103,926,114 Jersey—Montclair 10,946,046 7,532,936 3,558.087 4,426,512 9,950,194 5,373,567 25,735,800 Buffalo Connecticut—Stamford 5,174,041 472,003,118 _____ 21,992,382 3,406,606 Rochester.., 21.4 Reserve District—Kansas Omaha 5,595,145 14,865,909 _ + 7,371,139 26,491,379 682,717,059 Elmira 4,5131676 12,757,798 Lincoln— 6.7 1,289,879 York—Albany 3,404,591 Hastings.— + 44.4 29,643,000 Binghamton— 8,909,505 2,245,136 8.9 7,582,878 Federal Reserve District—J Federal Pueblo + 23.9 — 24,566,443 New Haven cities) 17.9 23.6 _____ —_ 1,878,933 Hampshire—Manchester 86,763,834 + 5,478,733 Wichita 583,904,182 Island—Providence 6,959,093 297,261.314 102,988.421 + Kansas—Topeka ■ Worcester 293089,210 7,710,604 Nebraska—Fremont 1,487,068 Connecticut—Hartford 30.5 + 18.1 + 3,532,932 Montana—Billings Tenth T lu 94,353,241 showing the figures for each city for the 4,194,645 ! 246,832,706 4,367,401 South Dakota—Aberdeen 6,859,337,752 detailed statement Springfield New 6,788,436 322,078,376 111,443,900 9,088,474 St. Paul New Bedford /I* District—Minneapolis— Minnesota—Duluth— 306,525,00 6 $ New York 13,452,615 153,013,843 + 22.3 Lowell—, New + 325,200,000 148,427,043 305,127,802 Portland Second — i Tennessee—Memphis—. Illinois—Quincy 373,245,748 n District- -Boston ii Massachusetts—Boston—., Total (12 + District—St. Louis— Missouri—St. Louis *' Maine—Bangor New 5,916,263 3,286,949 74,922,260 Wisconsin—Milwaukee Minneapolis— 1950 Rhode + 62,067,000 South Bend 481,166,869 Oct. 28 for four years: Fall River 6,039.694 1,235,730 Grand Rapids 523,101,885 City Reserve 6,622,266 District—Chicago— Michigan—Ann Arbor +23.4 at— Federal 104,821,391 790,623,946 Total (10 cities) 460,551,895 Week Ended Oct. 28 First 42.6 4,067,670 509,493 ____ Louisiana—New Orleans. Total (7 Cities) Clearings 4,524,501 155,833,780 Mississippi—Vicksburg 568,412,961 112 add + 50.6 69,197,802 3,709,112 " 10 ____ now 14,018,698 237,600,000 Macon 6 Francisco We 408,339,567 83,147,813 10 _— week ended 513,422,862 950,573,857 4 — York 21.1 + 408,339,567 " 17 Outside New 3,034,434 202,500,223 59,685,120 Kentucky—Louisville— " ._ Dallas 12th 938,441,364 66,912,569 $ 6,845,276,826 " 286,444,107 + 23.3 1947 6 Louis Kansas $ __i_10 Minneapolis 10th 1948 or 682,717,059 _. Chicago St. Inc. Dec. % 11 _____ 8th $ 8,202,306,119 7 3,294,083 + 14.8 442,009,962 21,114,384 Peoria " Cleveland 6th " + 24.8 283,400,000 Nashville Georgia—Atlanta Augusta- Chicago 12 Philadelphia 4th 1949 $ _„____12 cities York— 3,303,541 CLEARINGS 1950 Districts 11,716,000 142,458,977 Reserve District—Atlanta— Total (17 cities). Week Ended Oct. 28— Federal + 12.9 + 29.9 69,703,748 '• 535,409,446 Illinois—Bloomington— 17.9%. by Federal Reserve Districts: BANK 2,801,733 11,833,000 128,484,997 5,057,703 215,312,729 85,910,925 Springfield OF 2,597,126 + 43.5 10,157,000 247,217,718 Rockford SUMMARY 786,434,212 141,562,669- 4,123,893 • Columbia—Washington.,. Terre Houte. a Minneapolis Reserve District and in the San Francisco Reserve District we 1,970,275 11,468,000 183.862,341 Decatur In the 892,737,594 + 28.6 " 272,633,487 We group the cities The Chicago Reserve District has to its credit 22.9%, the St. Louis Reserve District of 20.9% 729,656,980 4.231,412 5,675,447 309,585,893 District—Richmond- Indianapolis larger by 28.6%, in the Richmond Reserve District by Reserve District + 47.1 28,914,700 4,543,547 appear improvement of 19.8%, in the Boston Reserve District of 20.7% and in the Philadel¬ In 250,466,487 Florida—Jacksonville 21.4%, the that in the New York District (including this city) 23.6%. 34.7 + 23.6 the week as Outside of this city there was a gain of according to the Federal Reserve Districts in which they phia Reserve District of 13.1 + 5,716,281 938,441,364 Maryland—Baltimore— present further below bank clearings at this center having recorded a gain of 19.8%. it appears + 4,256,684 7,064,407 ___, :—* South Carolina—Charleston clearings for the whole country having amounted to $16,274,213,148 against $13,409,876,929 in the + 44.8 Virginia—Norfolk has to be estimated. give final and complete results of the previous week 28. + 275,148,639 30,418,400 5,734,689 * 156,592,085 34,409,200 _ West Virginia—Huntington not available at time of going to press. elaborate detailed statement, however, able are 926,077,522 +18.3 today, inasmuch Accordingly, in the above, the last day of the week in all we 977,084,733 District—Cleveland— 7,908,699 ; Tennessee—Knoxville are " 2,329,637 4,130,431 7,619,437 6,417,321 4.1 + 15.9 $16,966,434,572 $14,282,127,562 Saturday and the Saturday figures 4,746,431 + 18.2 Total (7 cities) Sixth issue our 3,877,487 2,211,545 3,710,114 Total (6 cities) ends 2,833,860 ■-v2,762,253 7,699,761 Pennsylvania—Pittsburgh-,^—\ 18.3 Complete and exact details for the week covered by the foregoing will kln 4,734,730 4,384,181 Federal District of Total all cities for week 892,000,000 3,022,915 +33.7 10,479,622 —i.—'s Youngstown +17.4 2,537,082,960 $16,249,148,344 day one + 25.3 4,453,218 3,151,434 + 17.9 Richmond—' Total all cities, five days——___ 2,401,735 5,953,142 2,607,658 Delaware—Wilmington. New Jersey—Trenton Fifth — 793,553: 1,125,295 3,293,044 938,000,000 + 28.5 234,697,847 — Ten cities five days + 2S.4 + 23.5 Columbus—— + 31.7 <" Cleveland-—- 2.0 2,848,783 1 Mansfield— + 24.3 _ Pittsburgh 894,140 1,119,963 1,203,334 — 866,000.000 Wilkes-Barre Cleveland 16.8 248,627,060 267,400.000 244,324,495 — + 48.0 1,038,874 3,656,395 Scranton— Cincinnati + 12.3 522,950,974 332,500,000 — San Francisco—i 1947 $ 1,072,000,000 Philadelphia Reading. Ohio—Canton 18.2 + 290,456,854 __ 1948 + 50.6 917,849 1,018,059 —_— Fourth + 15.fr+ 30.1 917,000,000 587,191,367 — St. Louis 999.294 1,381,843 Chester . 1950 New York Inc. or Dec. % I TELEGRAPH Week Ended Nov. 4— Chicago $ District—Philadelphia— Total (11 cities) CLEARINGS—RETURNS Monday, November 6, 1930 . . 1949 $ Lancaster weekly clearings year. $16,966,434,572 against $14,282,127,562 for the 1950 York this center summary year country, indicate that for the week ended Saturday, Nov. 4, clearings for all cities of the United States for which it is possible to obtain will be a . Week Ended Oct. 28 THE COURSE OF BANK CLEARINGS Bank Chronicle 1 Newark, N. J. 8,359,083,786 jNot available. • 6,804,521,573 ""Estimated. 9,264,790 35.5 8,623,371 + 17.9 797,087,258 21.4 15,436,877,736 + 22.8 7.486,727.347 + 14,263,310,945 6.859,337,7a2 Number 4957 172 Volume The Commercial and Financial Chronicle . . . (1771) PARTIAL REDEMPTION Foreign Exchange Rates Company and Issue— Associated Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily 15-year the different countries of the world. We on Corp., Bethelehem Consol. record for the week just passed: give below a Black OCTOBER 27, bank 1950 TO NOVEMBER 2, treasury to under tariff act of Value mtge. Oct. 27 Oct. 28 $ Money Oct, 30 Oct. 31 $ $ Nov. 2 Nov, 1 $ 1 .200000* Preferential 133333* .133333* .133333* .133333* .133333* Free 0728000* Jacksonville 2.231573 2.231573 Terminal 1st mortgage 3%% bonds, series Power & Light Co.— .0197375 Kansas .0544060 .0544060 .951875 .952500 .954609 .955000 .208500 .208500 .208500 .208500 .0200600 .0200600 .0200600 .0200600 .144938* .144938* .144938* .144938* .00285625 .00285625 .00285625 .00285625 .00285625 series, due 1979 Nov 20 Mead Corp., 1st mtge 3% bonds, due 1966 Dec I Merchants' National Properties. Inc., debs., due 1958_Dec 1 Midi RR. Co., 4% bonds, foreign series, due 1960 Dec 1 Monsanto Chemical Co., series B preference stock—Dec 5 National Dairy Products Corp., 3% debs., due 1970_Dec I ,238379* .238379* ,238379* .238379* .238379* 208700 .208700 .208700 .208700 .208700 ,115707 „ .0199000 .0197375 .0544060 ,144938* — .0199041 .0197375 .0544060 .0200600 ,115707 .115707 .115707 .115707 ,262342 ,772896 guilder Zealand, pound krone Philippine Islands, peso—* Portugal, escudo Straits Settlements, dollar Sweden, krona Switzerland, franc Union of South Africa, pound United Kingdom, pound sterling Uruguay, peso .262333 .140154* .140154* .140154* .496250 .496250 .496250 .0349000 .0319000 .0349000 .0349000 .328500 .328500 .328500 .328500 ,193333* .193333* .193333* .193333* .229550 .229416 .229400 2.783750 2.783750 2.800742 2.800742 .658327*$ tApplication depends .658327 *t .658327*$ .501797*$ .561797*$ type upon .425531*$ .425531*$ Dec Dec 1 Reserve Banks Combined dollars) Increase ( + ) or decrease (- -) since Oct. 25, 1, 1950 Nov. 1950 2, 1949 Assets— certificates 21,510,427 * fund for F. notes Total gold ctf. reserves 1 1349 1 1675* Co.— .425531*$ 3%% — 1,257,004 — 1,250 + 22,044,844 233,735 advances— mtge. 2,221 + 55 782,664 71,950 + 32,945 2,000 499,893 — + 1,308 securities: Bills Certificates * * Notes 14,237,818 Bonds — 47,700 — + 140,100 3,119,532 5,724,950 13,939,718 3,338,125 4,198,075 + Total U. S. Govt, securities- 19,290,507 + 61,455 + 1,757,111 Total loans 19,-403,612 + 122,152, + 1,258,526 Due from P. R. and Date 1 Pag* .Dec II 1530 of — Hems Bank premises Other assets 24 other banks— 138,855 , 3,131,344 — — 36,824 - < assets + + + 8,573 29,286 — 513,902 + . 78,117 : ■ 155,570 16,674,264 Treasurer—gen. acct.. Foreign 451,574 S. Other 1,009,687 324,809 — Total deposits availability items.— Other liab., incl. accrued divs. Deferred Total liabilities Surplus (Section —8,708 221,471 , Total liabilities 25,581 + 31,241 + 62,058 + 348,885 + 29,465 — 233,179 + 24,229 + 259,690 46,036 — 13b) + 2,135 — 54,175 + < + 377,053 2,730 — + 339 478,443 14,183 21,462 + • + 27,543 138,954 & cap. accts. 45,088,709 4 — + . if,941 8,573 ~186 — liabilities combined- Contingent liability — 0.2% 3,2% __ accept¬ ances purchased for foreign Commitments trial to — make 927 19,980 + indus¬ loans Oct. 18, —i 49 1,206 + U. S. DIVIDENDS + 316 + 316 + Name 5,299 389 + for + 175 + Government Packaging Materials, common preferred (quar.) Mining Corp. of Canada, Ltd. (interim)— Minnesota Mining & Manufacturing Co., common (year-end) $4 preferred (quar.) :— Minnesota Power & Light Co. (quar,) Directors suggest the company split the common stock four-fot-one. It is hoped 5% 2,642 pur¬ obligations—,: 461 Other loans for purchasing or carrying: U. S. Government obligations Real 103 + 230 + 543 — the 1+2 Government securities—Total — + 123 to 17 + 866 this + 24 + 64 5,709 33,729 2,551 1,040 + + + 27 149 114 11 + 21 + + 1,475 4,109 431 6,351 6,622 3,949 1,350 indebtedness 7,772 22,366 bonds + + — — — + - 6,363 — 376 + + — 146 + + —1 552 22 139 + 15,403 1,836 + adjusted deposits Time deposits, except government U. S. Government deposits demand : — Debits to demand deposit accounts, U. 194 — S. Govt, + + 592 23 24 i e following principal changes for the tio nn«9ct- 25: Increases of $316,000,000 in loans and . j ln holdings of United States Government securi- Natomas decreases of $376,000,000 in reserve balances with Reserve Banks and $592,000,000 in demand de- Co. Britain New + 328 Gas oeci * to domestic banks; and 000,000: in demand deposits adjusted. industrial, and an agricultural increase loans of in-* 102 New + 61 New except accounts, $175,000,000" at. all reporting member banks; the ^Jj lncreases were $40,000,000 in Chicago, $32,000,m New York City, $26,000,000 in thr St. — ' '~the - Louis Dis«? ci^l' l"d $22,000,000 each in the Dallas and San Franclsco an Districts. Norfolk Northern omitted Fage 1633 * stock—Nov 30 12-15 11-30 11-20 11-10 11-20 11- 1 12-11 20C 12-11 11-20 15c 11- 1 10-23 80c 12- 1 11-16 12-15 11-21 11-15 11- 11-10 10-20 12-15 11-30 9 1- 2 11-30 12- 1 11-15 12- 1 11-10 at this time. Light & Power, 5% pref. —— Mining Ry. Ohio (quar.) Ltd. (interim)..— Corp., Oklahoma Gas Leather Oil Co. Otter — (extra) Pacific 11- 3 75c $10c $15c 12-15 12- 1 12-27 11-30 12-27 11-30 11-10 50c 11-21 12- 1 11-11 t$l $$1.13 35c 12- 1 11- 4 12- 1 pfd. 47* —— $2.20 preferred 55c 25c — (quar.) *— Co., preferred :(quar.)__—■< preferred (quar.)—«—*■ Fire. Insurance (Co. (quar.) "Palestine Economic Corp. Parkersburg Rig & Reel, 12-23 1 12- 9 12- 11-4 12- 1 11-15 U-IO 12- '■■■-- 4Vi % preferred (quar.).. Tail Power (Minn.), common (quar.) $3.60 11-15 11-15 40c Co— Co. Extra Power 11-3 20c (quar.) Co. .Ohio Associated Telephone, (quar.) Ohio $$1.25 $1.25 Co. Scotia $4.40 Date 12- 11-10 $3 . — ; Nov 14 11-27 343/BC 10c —— Mills Light & Power, Ltd., (quar,) 472% preferred (quar.) Oak Manufacturing Co. (quar.) common preferred stock Maryland Casualty Co., $2.10 cum. prior pfd. 1 11-23 50c ....— Northwestern Nova list of corporate bonds, notes, Company and Issue— 11-11 10c Lime, common Southern Normetal including those Eastern Sugar Associates, 1 40c Special NOTICE OF TENDER 11-22 12- York Shipbuilding were Notices 000 12-12 Corp.— The usual semi-annual declarations on the Participating and the Founders shares Redemption Galls and Sinking Fund Onn 12-12 $1 40c (quar.) Light (quar.)_— preferred Jersey Worsted $3 + stocks called for redemption, called under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." $1 55c 70C Year-end preferred and 11-30 40c Company Nestle-Lemur (quar.) a 10-14 Steel Newmarket Manufacturing Below will be found 1 12-28 meeting for December 18 to vote on a proposal to issue new $5 par stock, splitting the old $10 par two-for-one. 25,154 week $149,- 11- $30c $2.50 —————— New England — and — 10-14 12 Vic 17V2C preferred deposits: banks Foreign banks ; — 1 17 Vic — & Shipbuilding Corp., 6% (quar.) National Tea Co. (increased quar.) Directors called a special stockholders' 2,550 124 754 2,315 + ' National 132 844 - Extra 53 Dash in vault — Holder* 11- year. Society, 5 % % pfd. (quar.) Montgomery & Erie RR. (s-a)—. Morgan (J, P.) & Co., Inc. Narragansett Racing Association, Inc National Dairy Products Corp. (quar.) Monroe Loan 339 5 49,891 Reserve with Federal Reserve Banks 3 76 12,379 ... — 9,319 1,415 Other securities When Payable of Ree, 10c necessary legal steps can be taken complete the split before the end of 9 + 246 Treasury bills Treasury certificates of Treasury notes S. — 12 5,119 Other loans U. 93 — 186 securities estate loans Loans to banks— U. S. + 946 securities Share of Companu Midwest Condition Statement of Member Banks flnn 1350 I Per + + Newfoundland *5.1the Fe<*eral Reserve System in leading cities 1 (Continued from page 10) and agricultural dealers during week shn 1630 1 .-Dec gold bonds, due 1951 1949 29,138 16,322 and brokers Other Interbank The c°ndition statemciit of weekly reporting member 15 1440 'Announcement ln this Issue. chasing or carrying: Borrowings 3,041 1533 Western Union Telegraph Co.— Oct. 26, 1950 29,532 - — Domestic + 17 20 convertible "class A common stock—..—Dec cumul. $1.20 2,458 5,217 69,230 ; to Interbank 24,099 1533 * (in millions of dollars) loans Loans Demand 53.1% 1533 1032 Speed Queen Corp.— Liabilities- on correspondents Assets— Loans—net 513,902 gold certificate re¬ serves, to deposit and F. r. note districts dec. (—) since Oct. 25, 1950 Balance with domestic banks— + of 1430 1533 15 1 9 1st mortgage bonds, 27/8% series, due 1961-, .Nov Railway & Light Securities Co., 4% conv. pfd. stock—Nov Republic Investors Fund, Inc.— 6% preferred stock, series A and B Nov Inc. ( + ) or > 93,280 — Oklahoma Natural Gas Co.—■ of the assets and liabilities of reporting summary 1533 stock—. Nov 15 cumulative pfd. stk..Nov 15 pfd. stock—Nov 22 member banks follows: 237,264 — 488,173 capital accounts Ratio A • preferred Co., $2.25 Cumulative 2d pfd. stock, ser A 4%, $100 par value—Nov King-Seeley Corp., 5% preferred stock Deo Massey-Harris Co., Ltd., 6x/4% preference stock Nov in all districts. Other 18,460,334 2,674,869 44,212,568 Capital Accounts— Capital paid in Surplus (Section 7)— + all " Johnson & Johnson— 25-year 5% Loans and Investment—Total— + in 1531 Nov 15 Dec* 5 Jan 1 Hytron Radio & Electronics Corp., 6% conv, deposits credited to domestic banks decreased 3,852 8,689 23,068,657 decreased 562,713 60 — + acct. other deposits 27,656 .+ Deposits: u. Demand Loans—gross Commercial, industrial, bank—reserve Hussmann Refrigerator $139,000,000 at all reporting member banks. — 14,606 60,933 .— 45,088,709 — Liabilities— Federal Reserve notes Member total of a 11 — 1 i— 99,471 r — Hershey Chocolate Corp.— Series B 4V2% cumulative $83,000,000 in the San Francisco District. United Government States and 4 'M ;' 1 Dec conv. debentures, due 1960 Foundry & Machine Co.— 5% convertible preferred stock Cosden Petroleum Corp.,. 5 % conv. preferred stock Foster Wheeler Corp., prior preferred stock 15-year Continental Philadelphia and Cleveland districts; and they de¬ creased preference stock without par value Continental-Diamond Fibre. Co.— deposits adjusted increased $207,000,000 in City, $187,000,000 in the Chicago District, $51,000;000 in the Atlanta District and $46,000,000 each in the 1620 A—Dec mtge. 5 % cumulative bonds, series Canners, Ltd.'— Convertible Demand ' foreign banks— Notes Uncollected Total securities— 1238 .CALLED gen. Canadian Holdings of Treasury bills increased $156,000,000 in New York Ctiy and $25,000,000 in the Boston District, and decreased $50,000,000 in the San Francisco District and $27,000,000 in the Kansas City District; there was a net increase of $114,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness and of Treasury notes increased $11,000,000 and $21,000,000, respectively. "Other securities" decreased $76,000,000. 37,393 — 60,642 - 1,272,155 ___ 4,915 + 15,151 — 41,754 — 110,884 Industrial loans • .Dec 1 Dec 1 .Nov 38 bds., ser. A, due 1974 Union Terminal Co., 1st mtge. 3% bonds, due 1978 United Milk Products Co., preferred stock Orlenas New York 534,417 Other cash and 43,004 — r. — • Dec Transmission Gas ser., merchandise. of Statement of Condition of the 12 Federal Redemption 1630 Nov 27 1 Brown Co., Nov. 9 Co.— Gas ENTIRE ISSUE of 9 1 Company and Issue— ((In thousands 1430 Nov 14 1st .561797*$ .425531*$ 9 due 19G8_Dec Tennessee .658327*$ .561797*t .425531*t > . .658327*$ ,561797*$ ♦ mortgage pipline bonds, 3% series, due 1969 Dec Texas Pacific-Missouri Pacific Terminal RR. of New 2.800742 800742 1634 Co.— pipeline sink. fd. bonds, 3% Spalding (A. G.) & Bros., Inc.— 50-year 5% debentures, due 1989— 2,783750 2.800742 Closed ,783750 Fibre 1st mtge. .229450 2.783750 Southern Natural .193333* ,229575 Vulcanized 15-year 4 V* % sink, fund debs., due 19C0-— Pennsylvania Glass Sand Corp.— 1st mortgage 3 \'i c,'o sinking fund bonds, due 1960 Piedmont & Northern Ry.— 1st mortgage 33/4 % bonds, due 1966 Poli-New England Theatres, Inc.— 1st mortgage bonds, due 1958 .140154* .496250 A, due 1977 mortgage bonds, 2%% National 2.772896 ,328500 , 1st .262333 ,2.772896 .0349000 —-— —* .262342 2.772896 ,496250 * Uruguay, peso Uruguay, peso .262342 2.772896 Closed ,140154* Norway, Govt, I Dec .0199071 .0197343 New S. 752 .0199089 Netherlands, C. 1633 .208500 peso Discounts 1 1 Co.— 951250 : Czechoslovakia, koruna Denmark, krone France (Metropolitan), franc Germany, deutsche mark India, Dominion of, rupee Gold 1 0544060 Canada, dollar Ceylon, rupee ♦Nominal, .0727333* .0727000* 2.231573 1633 Corp.— ref. 0199125 cruzeiro Mexico, .0726666* 2.231573 • . 1435 Hammermill ,0197375 — Bank Notes Brazil, .0729666* Closed Power 1130 1 Nov 15 Nov 30 Ltd., 4%%, $100 par cumul. preferred preferred stock Mountain 1632 1 1 15 mortgage bonds, 3%% series, due 1963-Dec Paper Co.— 20-year 3% sinking fund debentures, due 1965 Dec Hanna (M. A.) Co., $4.25 cumul. preferred stock— Dec .200000* 231573 stock_i Gerrard Co., and 1st .200000* Australia, pound Belgium, franc 1434 1 Green $ $ .200000* — preferred Consolidated Paper Corp., Ltd. 1st mtge. 3Vi% bonds—Nov Eastern New York Power Corp.— 1st mortgage bonds, 3V'4% sink, fund series, due 1961_Deo 200000* ——— * due 1976-Nov 15 Dec (S. A.) Basic 30-year 2%% bonds, ser. J, & Light Co.— cumulative Fraser Cos., Argentinai peso— 1530 Nov 30 1st and general mtge. bonds, series p 3%%, due 1977-Dec Chesapeake & Ohio Ry Co.— Ref. and impvt. mtge." 3% % bds., series H, due 1973_Dec City Products Corp., 2-%% sink, fund dabs., due 1966JDea 1950, INCLUSIVE United States In Nov 15 stock Central Maine Power Co.— 1030 Noon Buying Rate for Cable Transfers In New York Country and Monetary Unite preferred Corp.— Steel Pag* . Hills Power 5.40% foreign exchange rates certified by federal reserve Date Telephone & Telegraph Co.—33A% debentures Beneficial of the Treasury the buying rate for cable transfers the Secretary to 43 $1.12,/a 37 Vi c 90c 9 ll-lO 12- 1 11- 12-11 12- 1 6 11-15 11-15 $1.10 — (quar.)-.- $4.25 pfd. (quar.). 12- 1 11-15 $1.50 11- 9 11- 25C $1.0674 1 11-24 I'1-IO 1 11-20 12- jf > 44 The Commercial and Financial Chronicle (1772) When Per Name of Company Share Pennsylvania Electric, 3.70% pfd, C (quar.)_ 4.05% preferred D (quar.) 4.40% preferred B Name of Company U. 11-1 1 12- $1.01 12- 1 12- 1 11- Telephone Corp.— preferred (quar.) 57c and Pepper (Dr.) Co. (see Doctor Pepper Co.) Pepperell Mfg. Co. (quar.).—__— Extra Peter Pfaudler Co. Pfeiffer Dodge Extra 1-15 12-20 12-15 12- & $1.50 4.64% City 50c A Consolidated 12- Republic Rheem 11-20 Vanadium-Alloys 12-11 11-20 Van 12- 8 11-22 Virginia 12- 8 11-22 Virginia Dare, 1 Class 12- 1 11-15 Weber & Rogers 12- 1 11-6 (quar.) 60c 12- 1 11-16 10c 11-15 A (See Shuron 5 10-31 11-25 11-20 10-31 10-14 Signal $1.18% ; quar.) 12-15 11-10 5% (final) 1 12-30 $25c 12- 11-15 50c 11-15 2 12-15 dends 1- 2 12-15 1- 2 12-15 11- 1 pfd. 12-20 12-11 1 11-15 12-1 11-15 Acadian-Atlantic 1-2 12-19 Acme, Industries 5% 12- 1 11-20 Aeroquip 11- 1 10-20 Agnew-Surpass 12-20 12- 8 12-20 12- 8 25c 12-11 11-20 12-11 11-20 12-11 11-20 50C 12-11 11-20 25c 12- 1 11-16 25c 12- 1 11-16 20% 12-15 11-16 62%c 12-1 11-16 $5c 12-15 11-25 J 2c _____ (quae.) ... !_____ — Ltd. (initial) _______ 12-15 11-25 5% pfd. (quar.) $$1.25 Inc. 11-25 12-14 11-25 11-30 11-25 11-30 11-25 11-30 11-25 15c 11-30 11-20 15c 11-30 11-20 40c 1-15 1-10 Oil A___ 12- 40c 11-22 11-10 25c 11-28 11-10 15c 11-28 11-10 $1.75 12-12 11- (s-a) (Increased quar.)_ (quar.) (resumed* 12-12 12-15 11-15 1-15 12-20 Inc. Stratton & Extra preferred series A 4y2% preferred series 2nd Tampax, Inc. 12- 11-17 Corp. share of $1 held. Cash American Hide New dividend 1-15 12- 1 2 12- 1 2 12- 1 Co. American Ship American 11-15 American Stove Co. American Water 12- 7 11-16 27c 12-15 12-1 $2 12-15 11-15 15c 1-15 1-4 be paid (Illinois) American 5% Ampeo 6% (quar.)__ (Calif.), Street Ry. $3.75 (New United Aircraft United A & _ Artists Theatre Corp., 5% pfd. (quar.) Metals, preferred _T5., preferred Coal Cos. (quar.) Electric Molasses (quar.) United Pacific 12-15 31-29 11-2S 12- 1 11-10 12- 11-1 Common 6%* Science Co., Ltd. Fund Finishing Co., preferred Loan (interim) 1 12-15 12- 1 12-11 11-24 12-20 11-24 12-11 11-1 $4 5C 11-24 common (quar.) H-30 11-15 1 11-16 40c (s-a) 1212- 1 11-30 2 preferred 22%c n_io $1.75 conv. i_ 2 11-10 (quar.) (quar.) Society (Phila.), common (s-a)_ ^ j 11-15 11-27 10-27 Co. (accum.)_ pfd 11-17 40c 12- 6 11-14 12- 6 11-14 12- 1 11-14 11-22 11-1 20c 12- 9 12- 9 11-10 32c 11-15 11-3 (quar.)_ Electric 12- Co. (quar.) Water Service 11-14* 12- 1 11-14* 12- 1 11-15 11-22 1 (quar.) preferred Foils, A 11- 1 11-22 12-15 11-22 11-22 11-22 11- 8 75c 11-30 11- 3 15c 11-25 11- 6 11-15 11- 11-15 11-15 $15c & Forgings, Ltd.— 1 31'/4C '11-15 12- 1 $1.50 1-31-51 11-18 12-15 11-30 12-15 12-15 11-30 11-30 11-30 11-" $$1-50 12-15 $$1.12y2 12- 1 :i_ Safeway, Ltd., 4'/2% pfd. (quar.)_ convertible participating pre¬ for redemp¬ per share "Ca¬ nadian funds" plus this dividend) $20c Canadian Car & Foundry Co., Ltd. (quar.)_ $20c Class A (quar.) $25c Canadian Dredge & Dock, Ltd., com. (irreg.) $70c Canadian Fairbanks-Morse (quar,) $50c Canadian Foreign Investment (extra) $$3 Canadian Oil Companies, Ltd., com. (quar.) $25c 4'/2 % 1st preferred (quar.) $$1.12'/2 Canadian Utilities, Ltd.r5% pfd. (quar.)___ $$1.25 Canadian Vickers, Ltd.!— $25c Capital Estates, Inc. (s-a)_ ! i 30c Capital Wire' Cloth Mfg. (frreg.)__ 25c Carpenter Paper Co., common (quar.) 50c CarVta Corp. 25c Castle (A. M.) & Company' (quar.),—: 50c CatellLFood Products, Ltd., class A (quar.) $12'/2c issue (entire Dec. 11 at called $20 12-11 11-22 11-22 12-15 12- 1 11-15 11-15 1-15 11-15 12-la 11-10 12-20 11-27 25c 12- 1 11- 12- 1 11-2 Central-Arizona Common Co 12-23 12-18 $3' 12-23 12-18 70C Edison Co., preferred preferred 11-15 11-15 12-15 11-15 12- 10-31 1 12- $1.12'/2 common 30C 1 12-15 (quar.)!:— Illinois Light Co., common preferred <quar.)_— 4'/2% Central Louisiana Electric Central Ohio Light Co.,: Inc. 10-31 12- 3.6(r%' 1 preferred 12-15 11-30 CentSSlA & South West Corp. Central.Soya Co. (quar.)_^. 12-15 11-30 Central 30c I 12- 7 11-10 Gessmr Aircraft 12- 7 11-10 Chesapeake 12-22 25C 37 %c common 20c 27 %c 59c 1212-121212- 62VaC* $>1.25^ 25C 25c 55c » Jfl 10_2o i,..$ i l l 1 i ll-JV 12-30 li~ t $1.10%' 6 8 j j ^ i2-15 ji-1 ll-i« 45c (quar.)_ (s-a) (quar.) ' 12- , Chicago 8 Public Vermont Co. $3 90° 22%c 50c (quar.) Service Virginia— pfd. (quar.)__——_ * n-15 jo-31 11-3" ll-i" ,20c 50c 75c* u. {9 (irreg.) (year-end) Corp.. of Corp., ,. (quar.) 12-15 15C common (quar.)___ Corp., (quar.)_ | 11-10 & Power— 30c Co., — preferred (quar.)______—_!-!._ Central Foundry .Co., 5% pfd. (quar.)__— Central. Hollywood Bldg. .Co. (monthly).w__-t . Monthly —_______——i__■ 2 1- $1.25 Power 11-30 11-10 . $2.50 Central ; 11-10 I1-3U Power—- - d ' (s-a) preferred 1 12-15 $15c (quar.) Arkansas. Natural Gas A 12- 15c ! ' & (quar.)! $2.36. preferred V $1 Light (quar.) preferred 2 R" 1010li'. * 75c (increased)—_ (quar.) - jj* 12-1 , 120c preferred 10-J ll-lo 12--1 12-18 $1.05 B Caterpillar Tractor Co.,-com. 11-20' 1 . Canners, Ltd.— on Class 1-20 1 12- $I5c 10-31 10-31 $$1.50 $37'/2c (quar.) —_— 11-1 12- 20C : 11-10 " (annual)—!___!—___ Canadian 11-1 12-15 12- 1 $10c common Extra 3 11- $25c Sugar Co., Ltd 11-1' 10-20 11-J' vt51V2c A B tion 11-15 12- 1 11-30 12-20 (quar.) Ltd., Foundries ferred 11-15 11-15 50c $$1.50 Copper Co._ (initial) com. (quar.) Non-cum. 11-15 11-15 $32'/2c Ltd., preference 11-15 $0.16245 Consolidated Co., 10-31 10-31 10-31 10-31 11-15 33'/sc 33c (initial) F Hecla 27 '/2c (quar.) Extra 11-30 30c 11-15 11-10 10-31 10-31 * E Class 11-21 12-15 10-25' 12- 1 11-15 6 * 11-15 12- 11-15 Co.-— preferred Class- 11-30* 1 10-31 15c 62'/2c (quar.)_ (quar.) com. convertible Canada 1 12-12 12- 4 11-15 $1 (quar.)___ 10-31 12- 11- 12-18 62'/2c Power Packing Corp., & 10-20 10c 50c . (extra) Corp. 11-10 25c — common. (quar.) D 11-15 1 11-1 12-15 $50c preferred Class 12- 11-20 yll-15 $1.25 convertible Canada 25C com. 1 15c 20c .__ preferred C 10-31 1.12% (quar.) $1.50 / (irreg.)_ Co. preferred Canada (s-a>_. Arkansas-Missouri 11-21 7 J, U12- j jg.jl 4 ^45 \\- * Manufacturing Corp.— Chicago, Milwaukee. St. Paul & Pacific RR.— Common 6% Financial 10-27 15c Artkraft 12- - $6 10c Jackson 11-15 40c Corp., Ltd., common (quarj 4'/2 % convertible preference (quar.) 6% 11- 6 ' 5.36% — (quar.) preferred Class 1 5.28% 10-26* 75c (quar.) 5c conv. preferred 30c1' 11-15 10-31 11-15 10-31 6% 1st preferred (quar.)_i 10c 11-15 10-31 7% 2nd preferred (quar.) Associated Dry Goods Corp., com. ; 12-21 7%e (quar.) 10c , Special 11-14 11-6 12- 5.30% 2 1-15 12-1 25c Dredging, Ltd._ Adding Machine Co. California 11- 1 50g (quar.)_— 11-15 11-28 2- _______ .. 11-30 12-14 $$28 , (quar.)_____ CIT t$2 Inc. Archer-Daniels-Midland Argo Oil Corp. 6% Ltd.— Co., ! for Co. 11-15 75c $$i;! _____ Paper 25c Falls 1 10c (quar.)_ $25c ____________—__ 12- ' $5 11-10 & Copper & Zinc Co., Arcade Cotton Mills— Arizona 12-15 ——$50c ___ Pulp Canada & Dominion 11-15 10% . (quar.)___ (irreg.)-________ Casualty Co., 45c preferred 12- 11- 4 Terminal 20O 11-15 10-25 1 Butte 11-27 Year-end Anheuser-Busch $1 1 10-31 12- Byron lieu Telephone, class A (quar.) Anglo-Newfoundland Development Co., Ltd. 11-8 n_ 11-15 Bush 11-10 1 " 10-30 . 12-15 11- 10-31 Gold 5c Co., 11-H 11-15 11-15 5% li-i| . 1 2 10-31 11-25' $i2V2c (quar.) A Burry Biscuit Corp., $1.25 preferred (accum.) 11- 10-1 50c - 12-5 (accum.) preferred $1.30 Anglo-Canadian 11-20 (quar.) 11-15 11-25 12-20 12- 11-28 10-1 - 18c ; Co. 11-10 5 11-15 Co.______——50c 11-17 30c 11-36 20% Insurance Co. 12- 11- 3 12* 1 35c _. Rubber 11-10 5 each (s-a) 11-16 25c 12- 11-15 12-15 7c ___ Burroughs CO Post 1 • 1 1 11-24 50c — Calumet Argus dividend United rH 1-4 1 Inc.— preferred conv. 11-10 $1.25, 12- 12- $2 11-25 class Canada. Cement (accum.) 7 11-15 l2-: 25c < Cordage Co.-, Ltd.,' class A (quar.) Light & Power Co., Ltd. Hill $5 30c 7 Circuit, Inc.— United 11-15 9 Window Glass Co.— 12-1 Bedford*___ 12- 50c Co._ 9 12-13 IN 1 12-15 Extra of (resumed) 12- 93%c 10-31 $1 12- $l.C6'/4 11-15 $1.75 Refining 12- $1.25 (quar.) 11-14 Sanitary Products, Inc.— 6% prior preferred (quar.) Andian National Corp., Ltd.___ $1 __________ pfd. 1 12- 11-15 $1.50 / 4.40% (quar.)__ 11-10 30c City Ninth Unit, Inc., 6% pfd. (accum.) Tyer Rubber Co,, common (s-a» 11-15 1 1-3 — $1.50 __ Tudor 11-15 12- Pipe Line Co. (quar.) Budd (The) Company/com. (increased quar.) 25c 15C (quar.) 12- 50c 10c Co. 1I-15 12-1 (extra) Corp. Buckeye 20c in pfd. 40c (quar.) 12-15 Building Co.__ Smelting convertible Anchor 1 __^ & Bearing Ltd., California _ 9 - 1-20 ___, 12- 25c Buck 3%c . (monthly) Works 10-27 11-3 12- 25c (quar.) Company— Voting trust certif. 12-20 50c 11-14 8 10-25 $1.06'/4 ________ 1-1-51 $1.25 .__ 11-14 1 10-31 11-15 Inc.— Brown States for Standard & common preferred (s-a) Hose 50c Special 7% 10-31 11-15 Traction Extra 30C Radiator Corp., II-15 11-15 $1.50 87'/2c (bi-monthly) 11-10 : 11-21 t75c ■ American Co., Brass Inc.- Columbia Extra Co 11-28 11-1 (quar.) 1 25% 11-28 $1 12- « $5c Brooklyn Union Gas Co._______ 10-31 $25c Inc 12-1 (quar.)___ 1 Hj 50c common preferred Bulolo ; Central Ltd., 4'/2% 5c (Cleveland) 11- 12- (quar.)__! Co. 27%c (quar.) 11-15 7% U-n 1 12-1 (increased)— Semi-annual British 1 1-2 Ltd.— B Brantford 75c will Co., News 1- preferred Co., 1- 12- 12- $3 Bowes < Extra (quar.) Fund, Woven Class n>17 $2 (quar.) . & preferred Boston 10-25 1 $1.75 Co., Co. Corp., Boston 10-25 i_15 12- (year-end). (quar.) Airplane Payable of Rec. 11-15 n.u • 60c (Phila.) Roller 87 %c . Metal Co., Pulley 35c (quar.) preferred Bower 11-15 u:u I-31 Inc.— (quar.)_____ Ltd Aluminum 7% h'u Valley Gas & Electric— .Holdert $1.86 (increased) Meter Associates, 1 $25e Sons preferred 75c option common Co. Investment Stock 1 (quar.). Bondstock given in the 80c American 20c preferred ' 11-28 70c Steamship Co Leather, 6% pid. common 1 12- $3 Brothers Tobacco Co., 6% pfd. (quar.) Blumenthal (Sidney) & Co. (increased quar.) 1 Year-end American 12- (s-a) „ 2. a 60c & Seagrave, Bohn 3-1-51 12- Bloch 1 (quar.) shares._ & American 1- Extra Blauner's 11-14 8 1 12'/2c .(quar.). California of American Home Products 11-15 26 Ac Oil 11-14, 11-29 11- American-Hawaiian 11-29 28'/8c Co. 11-29 11- 1 . B 10c 11-29 (quar.) common Mfg. 4.25% 11-20 Extra 1 11- Associated 11-22 12-11 Co. par Furniture American 11-28 Glass Water Blackstone 30c share fractional American American 50c Producing 11-15 2 (quar.) a 1 Year-end £xtra of n. Extra 5c Power & Light, class B liquidating distribution second .134085 11-17 25c United Cities Plus 11-15 $1.50 Gulf 12- 1 1- 2 $1 holder's Co. 1 Extra Stock American 1 25c Extra Oil Can 1 (quar.)___ Company 11-15 Shares— the 12- Telephone Bond & Share, 7% 1st pfd. (accum.) $4.25 1 25c Thatcher at American 12- 12- Co. 1 tl5c net investment income___, Special distribution from net realized security profits to be paid in cash or 12- 50c Tower 11-21 12- $75e 12- (quar.) convertible 12- 6 A Common 11-15 (quar.) Co 12- Extra S 11-13 Corp Taylor & Fenn Co., 11-15 12-15 Ltd. common 5c Die & Transit Terminal Stores, Corp., 40c ______ Syracuse Union 11-21 (quar.) (quar.) preferred 12-15 10% Corp. (s-a)____ Airlines, Inc., 3'/2% pfd. stock 11. , 12- (quar.) Company $3 40c _____ B 5y2% Bigelow-Sanford Carpet — Shoe 37y2c _________ __________ 4% % 10-20 $25c Business $1 ____ (quar.) Terstegge 10-27 $$1.25 dividend) (quar.) Automobile Insurance Co.. (quar.) Bosch Corp., 5% pfd, (quar.) 50c ______ Union 11-15 11-30 50c Co Ray Drug Co., 6% preferred iquar.) Sunray Oil Corp..common (quar.) 4.32% 1 12-11 25c Sun Extra 12- 20c — (quar.) Coal & Superior Tool 11-15 25c _ Inc ______ Coke 9 50c — Supply Co.____ Drug, Extra Stonega Bickle ____ 2% A Brewers, Sterling 1 93%c dividend (stock Electric 30c Jersey) (year-end) of Ohio, common (quar.)_ Co. 10-20 Refineries, Ltd.— From Texas) —____ (New preferred 11-10 11-15 $5c (J.) Brazilian American 11-25 12-14 common Corp. 10-27 Bertram 25c Holding American $1.25 (Dallas, (quar.) American 3 12-14 — Fuel 7% 11- $1.12% 1 Forgings Sterling $4 1 25c (quar.) Insurance Standard Stoker Co. S. 12- 30c (quar.)_ class I week, these being Extra American 11-30 : (quar.) Corp., 1 11- 50c Quarterly (now payable in U. S. funds)__ 25c _— L.) 11- 10c '< (year-end) Aluminum Co. of Canada, Ltd.— 4% preferred (quar.) Aluminium, Ltd.— Amerex ___ common 11-10 $4c pref. (quar.)__. (quar.)__ preferred 35c $1.06'/4 com. 12- 8 11-15 Share Alloy Cast Steel Alpha Portland Cement 20% (quar.) Standard Oil Co. S. 4% Corp., 11-15 $2.50 1 Corp. Stores niI 35c Steel 12-11 6% * 11-20 ; 12-26 > I 11 (quar.) preferred Spinning preferred & , 12-1 (quar.) $6 12-11 Class 11 11 50c preferred- Class n 11-15 20c common 12-26 Semi-annual Allied Co., 50c ' (quar.>__ Alabama Gas, $3.50 prior preferred (quar.) Allegheny & Western Ry. Co. • Simon)*-— Extra Texas partic. $1 ____________ Quarterly Texas A 35c common (see Franklin & J.), Stock Fine Best ^ $1.18% — ^ 10c this Sugar preferred $1.25 _____ prior preferred 3%% Corp., 7% 12 on ~T ; Special Incorporated Class dividend Standard Beneficial 25c iquar.)_ __! Southwestern Life Tide ATF, Ltd.) A____—_ dividend Products, 11-15 Howell 25c (quar.)! of Company 12- _ Company, preferred (quar.) State Name 12%c (quar.)!— ! Standard 12- 1 When 50c Strapping, Queen Extra 10-23 $1.12% Shops, __.. (T. 1 11-15 & 12-* $1.50 15c 70c (quar.) announced 37%c (quar.) 5% class preferred .11- preceding table. 50C 4%% 11-15 12- the dividends announced in previous yet paid. The list does not include divi¬ weeks and not 1- Extra Sport 11-16 25c (W. 11-30 11-15 give we (quar.) Quarterly Quarterly Boeing Below pfd. (quar.) $25c (extra) 90G (accum.)______ (quar.)__ (H.) Sons, Ltd., Sivyer Steel Castings Stock Brothers $1.25 .___ _____ Sloane 11-25 Bell 1 15c Corp. 11-15 15c _____ Younker 6% * 1 .( (quar.)_ 15c : common— Worsted Co. 50c A Candy- Simon Speed 5 preferred Aircraft 11-25 30c (quar.) 8 $50c Co., on 12,! 2 u 11 Corp.— 25c —,— (quar.). :—.—i Co. Co., 12-*1 30c $1.25 _______ , preferred Mines, 6% 12- $1.25 _________ (quar.). Standard Smith 1 Shoe 1 12-15 (quar.).. Co. Ltd. Extra Candy Shops, Ltd.— Inc., 4%% 1 ! i?"iJ 2 1- (quar.)_— S.) (A. $1 Governor Mfg. Wyandotte 10-25 $20c A Manufacturing 12-11 12- 1* 12-11 20c Extra Corp.__, Co., 50c Extra Beck stock prior preferred (s-a) Wright-Hargreaves Mines, Ltd.—; 11-14 11- 12%-c — (quar.) Skilsaw, Mfg. 12-11 $1 Paper, Ltd.— Quarterly, —: Worumbo 11-15 common.! B 5% 1 12-19 12- 30% __ common.______.__ Secord Simon* Franklin Beacon Bethlehem (quar.) Motor Woodward 11-24 .___ preferred Silver 12-15 —$1.12% Ltd., class Extra U 2 1- 60c Extra Stock Class 11-16 11-20 & 12-11 $1 5% (quar.)_____ $4.50 Steel 11-17 1 may common 30c quar.) Belding Heminway Co. (increased) Belknap Hardware & Manufacturing (quar.) Extra Woods 11-24 30c (increased) Oil & Gas, Signode Beech 2 12- Powder 4'%% Corporation (quar.)— (J. B.) Company, com. Wisconsin 11-29 (quar.)_. Extra 12-12 11-15 Paper preferred $1 10-31 _________ Class 11-16 12- $1.50 Williams 11-15 Trust, Ltd. Inc. Optical 1 — Wickes 25c Co., the on 11, $1.25 12- Bathurst 50c Extra 56'Ac (Texas) dividend J?'"T® 1 & Mortgage Guaranty Cov of (year-end) America 12-1 10c directors that 1 12- 18%c 11-13 (quar.) Co., $4 pfd. 12- 25c Bond Bankers year-end. the 11- , (quar.)__ $3.60 Inc. Extra, XT. by Whitaker 18c Co.— Shenango-Valley Water, Sheraton, Fixture & in, $55c (resumed)— 11-28 (year-end) Co. i!*!4 11-10 (s-a) (quar.)_ 11- Berkshire .• 11 12-12 (quar.)_ (increased common common 50c (quar.) (quar.)— announced consider 1 (quar.) (quar.) Laura Servel* Inc., tJ. 11- 12-15 Co. A Secordi (Laura) Corp. Co. & Snowdrift Oil Company 25c Company, Brothers, Wire Jersey & Seashore RR.— special guaranteed (s-a) Western Union Telegraph Co.— 6 pfd. America 11-13 $31'Ac v 40c 20c 25c (quar.) 6% 12c (quar.) Roxy Theatre, $1.50: preferred (quar.) Royal Crown Bottling. Co. of Louisville— 5% preferred (quar.)_____ . 12- (accum.)_. Co. Corp., pfd. (quar.)—________ Showcase 87 %c (quar.) preferred Ltd., 5% Pump 11- prior preferred Roos Wayne 1 (quar.) preferred 5% 11-15 12- & Mfg. Rockwood - 1 Inc., A 5'/2% of $1 $1.30 $1 Co.__ tJ'JJ $1 (s-a) 11-15 West common pref. A Iron Petroleum Wesson (quar.) Co. 5% 1n 1 12-12 common 11-28 Extra 11-15 (increased Gas Rockwell 5% Washburn 11-13 11-20 class Little 5% Warren 11-27 12- Co., $1.50 50c (quar.) pfd. (quar.) 1 RR. & Aroostook RR., com. preferred (quar.)__ 50c 11-27 4 Corp.— Robinson, & Co. 12-15 11-15 Grocery preferred Oil Steel Co._— (year-end) Co, Coal 12-15 1 Rhodesian Selection Roanoke Raalte 12- Manufacturing Co.— 4%% partic. 1 12- (s-a)_: $2 6% Extra 1 Insurance Common 27 150% a i2_ $2 $2.50 (Conn.) Co. Canteen Foods, B/G be Class Coder, 11-10 will Bangor Universal 11-20 meeting approve Co. preferred Wholesalers, Ltd., Automatic stock 5 to $2 — non-cum. Atlantic 6 Y.— If Universal Dec. 11- 5% approved it will be paid on to holders of Dec. 11. Dec. on 8 9 Storage.— preferred of N. stockholders' special held 12- Corp. Red Owl Stores, 4%% 11-20 (quar.) 11-10 $60c (quar.) M.) partic. $1.75 preferred 11- 37%c —: Tube $1.75 12-30 (quar.)_ preferred Reading Line $1.16 Cold (J. 4%% Coast 25c Ltd. (increased) (Indiana), com. (quar.)_ — Radford Atlantic 12- $25c (quar.) Quarterly Distribution Shares, Inc. Extra 1 7-31 45c A Co. Bakeries Quaker 5- 8-19 11-15 50c — of Canada, preferred Purity 5-20 Walgreen (quar.) 3%% $1.75 $1 (interim)- class B preferred Service (quar.) $1 __— Corp. preferred 50c Company, Public Line United States Trust Co. 50c (quar.)____ quarterly Power Coast 11-8 50c Extra Atlantic 11-15 40c Extra Poor 6 50c (quar.) Ltd. 6 2- 7% 5 11-22 12-1 11- 2-20 (quar.) iqsq $2 11-20 $1.75* 50c !_ (quar.) Development, Extra $1.75 preferred 6 ^ayTble^R* ec< share Santa Fe Ry.— quarterly & (quar.)_ 7% Philadelphia Dairy Products Co.— Increased of Company Topeka Increased (quar.)— 75c • ___________ Placer 11-10 7% 11-15 25c Co. Corp. 75c 9 Atchison, 11-10 12- preferred dividend. (quar.) Brewing Phelps 12- $1 Inc. (quar.) Pettibone-Mulliken Corp. 12- 9 preferred — — Paul, 1 $2 each other, quarter.—. $1 75c __. Name Payable of Rec. Share (increased)-. common 7% 1 $1.50 Peoples Gas Light & Coke Co. (quar.) Peoples Telephone Corp. (Pa.), com., (quar.) 4%% preferred (quar.)$l.50 payable in March Corp., 7% iquar.) Pennsylvania $2.25 Steel Special 11-1 $1.10 S. Monday, November ... Holdert When Per Holdert Payable of Rec. 92 %c . 1-2-51 12- 7 - A pfd. declared $1 40c (quar.) Serfec 12-1* 12- 1 11-10 $1.50 12- 1 11-10 $1.75 12- 1 11-10 for VCar Chicago of in 1948 (This payment includes $1 respect to the year of 1947, and $1.75 per 1949) Yellow Cab - Co " share for the 1— 53.75 25c n-1 "-2" lz~ ^ The Commercial and, Financial Chronicle Number 4967 172 olume Per of Company Same hiokashft Cotton Otl Special Quarterly (quar.)~_ jile ity __ Copper Co.__i._-.: investing Co., common— preferred (quar.)— (monthly) : __i preferred (quar.) lorox Chemical Co. (quar.)____ ochrane Dr.nlop Hardware, Ltd.— Class A (quar.) J— a Common 10-16 12- 11-10 1 $1 12-1 60c .11-15 $1.12% 1-2-51 1 10-20 12- 1 11-10 Extra 12- 1 11-10 1 11-16 12-16 12-16 2 50c 12-12 12- $20c 11-15 11-15 Fajardo 10-31 A 12- 1 1 11- 11-15 12-30 11-30 45c 12- 1 50c 11-9 10-26 9^/* * *_ 11 Q — preferred (quar.)l—$1.06y4 International-Corp., Ltd.— 11-15 *4C 11-15 Life onfederation . $3 Association Quarterly oniauriim Mines, onsolidated (quar.) Laundries Natural onsolidated Gas 10-31 12-15 56%c ________—_ Corp. (quar.)_____ (s-a) 12- 11-20 11- - 25c 1 -11-15 12- 1 class 50c A B (quar.-y—• 11-15 Power Co., preferred $4.50 JlOc Common preferred rby (H.) 12- 12- 8 ane $1 ' $2 & Cork ows - ~ Nest lver t $1.13 Pass Coal Co. 10-30 10-31 12-15 12- 11- 10-30 25c Oil rby Gas (year-end) troit River Tunnel Giorgio Fruit A a'uond Match Co., Special 6% Class A Minion quarterly 10-24 11-15 10-24 12- 11-15 35c 11-20 11- 6 11-15 11- 6 Great 1-15-51 1- 2 Griesedieck 12- 11- 50c 1 Gulf 1 11- 9 $5 1 U- 9 $5 Gulf 1- 2 12- * Ltd._____ _____ coriimon_^ Electric Mfg. Special 1 12- 11-15 (quar.) (year-end) preferred A Sugar Inc. Street 11- 12- " 1 11-15 1- 2 11- 5% - 12-12 & 8 Class — Dock Co. (qua.v.)___ pfd. (irreg.) _ 1 A 11-15 11- Iowa 11-15 *30c 11-15 $2.50 11- 1 5% Co. 3.30% Iowa 1 8 lirlS System Island 11-17 11- 1 2-15 211- 5% 1 12- 1 U-15 U-15 10-16 U-15 10-18 U-15 10-18 Service Co.. Mfg. Knitting Tea Co. 33,4% 11-20 Kalamazoo U-15 11- 11-25 12-15 12- 5 3.80% 12-15 12- 5 4% Co., common (quar.) preferred (quar.) of Co. (quar.)__^ & U-30 11- 1 Kayser U-15 11- 1 Kentucky $1 12-15 U-15 Kerr-Addison 12-15 U-15 Keystone +25c 12-15 11-25 1 U-15 U-15 11- Kawneer U-15 11- 6 11-24 11- 6 90c U-15 U- 3 U-21 11- 6 10-31 Hart, 11- Hathaway 12_ 11-15 11-8 10-18 11-15 11^ 1 12-15 12- 1 11-17 l(f-B0 11-25 jgQ 12-15 ir-15 12 '- 3 35c 1 Schaffner Henke & U-15 11- 25c U-15 10-27 U-15 10-27 $1 12-21 U-21 40c lz-io 12- 1 12- 6 1 12-28 3-30-51 3-12 6-11 12-U 12-U 12- 62 y2c 12-20 & Marx voting non-voting Steel dividend) 1 12-20 12- 11-17 11-17 U-15 1212- 5 5 11-15 10-30 12- 1 11- 6 U-15 11- Dec. 12- 1 U-15 12- 1 U-15 12- 1 U-15 12- 1 12- 1 11-10 35c 12-26 11-24 82%o for per share payment.) 1 Ltd — 1 12-15 12- 1 U-15 12- 1 U-15 12- 1 U-15 $1.05 12- 1 11-15 12- 1 11-10 *5c 12-15 11-17 1 12- $1.25 1 11-25 75c 12-20 12- 6 12-20 12- 6 93 %c 2- 1 1-18 — 17c 11-15 (increased) 20c 11-10 10-30 (quar.) 15C 12-10 11-29 12-10 — 11-29 k ■ » 12-1 11-15 12- 11-15 1 preferred (quar.)— — (increased quar.) $1.50 5 A 11-16 17c 12- 1 12- 1 10c 12-15 12-15 11-15 35c 12-26 12- 8 12-26 12- 8 $1.25 11-24 11-10 12-20 11-15 11-15 37V2C 1-2-51 4-1-51 11-20 10-31 12-12 U-21 12-12 11-21 12- $1.12% 3-20 1 11-10 12-28 12-20 — Superior (quar.) _______ Lake of the 11-10 12-15 $1.75 2- 1 11-10 1-15 10c 11-15 11- 11-10 10-25 10c 1-10 12-27 1 1 11-15 12- 1 U-15 — 25C 12- 1 11-15 — * 40c 12- 1 11- 1 *$1.75 Co., 12- $1.25 Power 2nd preferred Woods Milling Co., 12- 1 11- 1 common. (quar.) (quar.). Machine Monotype Fabrics, Inc 45c \ Ltd.— (quar.) preferred 1 1 1- 2 10c (quar.)__ convertible 1212- $1.50 (quar.)— District preferred 75c 75c (quar.)—. common Co, Lees 50c 11-30 11-17 37%C (quar.)—_ — 11-30 11-10 U-15 35c 11- 3 Leitch 12- 8 Leland 8 12-21 12- 8 payment clears arrears)— Leslie Salt Company (quar.) 40c 11-15 10-20 12- 11-20 Gold Mines, Electric Ltd Co., 5% —— preferred. 12-U 50c 12- 1 11-10 50c 12- 12- 50c (James) & Sons Co. (quar.)— Lehigh Coal & Navigation Co. (irreg.) Lehigh Portland Cement (quar.)— 12-21 11-16 12-11 25c (quar.)_—__—__ preferred 2nd preferred % 11-30 50c Kysor Heater Co L'Aiglon Apparel, Inc. (quar.) La Salle Extension University (quar.)_ 5% 12-28 50c — Co.Mquar.) preferred 1st Lake *20c 16c (quar.) Inc. Year-end 7% 11-15 Manufacturing Co.— Kroger Co., 6% 1 37y2c preferred (quar.) & 1 12- $1.183/4 on — —■ H.) 8 12- 10c redemption — (S. 8 !12- 40c (year-end) Kresge (8. S.) Company (quar.) Kress 12- 12-20 12-15 preferred (quar,)——______ _____ Fund, 12-20 40c 25c 40c _____— share plus this div¬ 12-21 1 12- 1 11-10 2c 1 11- 6 11-15 10-31 12- 1 11-20 12-15 U-15 t. (This $1.25 40c Libby, McNeill & Libby (s-a) Liberty Life Insurance Co. (Greenville, S. C.) (quar.)_ 1-15-51 10% 1-15-51 $1.25 U-15 U- 12- 1 U-15 Stock 50c 11-15 10-25 Link-Belt Extra 12-30 12-30 1 Corp.—. common plus this Life Savers Corp. (year-end) Liggett & Myers Tobacco (quar.) — Lionel 25c 11-27 11- 6 12-30 12-23 12- 1 11- $1.50 1 $1 (Fori Wayne) dividend Co. 1 11-10 12- 1 11-10 — — 100% 11-22 11-14 $1 :— 12- 1 11- 3 $1 (quar.) Corporation 12- $1 Extra Lincoln National Life Ins, Co. (quar.) preferred series B (Entire issue be¬ called for redemption on Nov. 15 per U-15 30c (quar.) 15c 4y2% $51 1- 6* 30c $1 90c 1-25 dividend 6 12- U-15 2-15 11-17 11-20 45c —— Company, preferred $1.50 7% 53 %0 1 1 11-15 — convertible called Lanston (quar.) 12- 12- 95c Co. 5% at $21.50 Knickerbocker 11-24 series A $1.06V4 Kirsch 11-24 preferred ing prior 12-10 4V4% at $5 12-10 10-25 11-17 20c 1 43/4%. pfd. (quar.)_ Mines, Ltd. (interim)—_ Kinney (G. R.), Inc., com. 50c 11-15 12-5 11-20 1 Extra Common 53y«C 1HS 7 1 97%C Co. Kings County Lighting Co, Kingston Products (s-a) 11-24 (quar.) 1 12- 93 %C (quar.) Wire issue 1 11-24 A 1 11- 25c 12-15 Co., Gold Steel & 12-15 series 12- 1 IOC Co. idend.) 6 preferred 12- 12-15 12- 12- _—-— & Utilities (Entire 4V2% 8 4y4% 12-20 12-15 1-15 12- (quar.) King-Seeley Corp., 10% dividerd) preferred * $l.06y4 10-31 1-15 50c . 30c (stock 6% preferred (quar.) Hershey Chocolate Corp., S1.021.2 12-30 50c 30c (quar.) (stock Products U-30 25c — Kroehler Inc.— Common 4 9 — (quar.)__ Parchment 25C (reduced)... Bakeries; Inc. Pillot, 1- 12- 11-13 — $1.25 (quar.) 1-26 5% 11- — Co. 12-15 15c 10-31 25c (quar.)— (Julius) Extra 12-20 2-1-51 50C — Hercules Powder Co.,. 5% Hercules 56y4C 25c — 11-17 9 11-15 (quar.)___ Extra 6 12V2C 50c 10-31 12- 45c 12- 2-14 $1 : U-21 11-27 $1 . Furnaoe preferred U-15 Lea — 27%C 1 —— preferred $1 (quar.) 6 1 (quar.) Vegetable 2-28-51 California— (quar.) 11-10 Kansas City Power & Light Co.— 25c ;___ 1 U-15 (quar. Co., common Stove 50c *$1.25 11-10 12- 15C 11-30 15c 11- 1 12- 1 25c *25c 11-24 1 12- 12- (quar.) idend. Kalamazoo U-30 42yac (increased) 8 12- Johnson & Johnson, 4% 2nd pfd. A— Above issue being called for redemption on Nov, 15 at $107 per share plus this div¬ 11-20 $1.25 Go. 12- 30c preferred (quar.)— 11-10 $1 1* 50c 11-30 75c 50c Mills A Co., 11-30 11-16 10- 9 $1.25 — common—_—____ Mines preferred Jewel Electric Co., common (quar.) Mountain 1 U-15 8 $1.50 (quar.) Light Fireman Jantzen 12- 12- — preferred (quar.)_._ preferred (quar.) preferred (quar.) 4.20% Iron & preferred 3.90% %Q & Public 11-10 3 11- America— Corporation Power 11-25 $1.25 6-30-51 (quar.) preferred 2nd issue 11-15 1 4 $1.25 freMimed) Co. Year-end 15c 37V2C 25c B $1.25 (quar.) Iowa-Illinois Gas 50c Handmacher-Vogel, Inc., common (quar.)_ Harnischfeger Corp., common (quar.) 11-17 Associates— quar.) 11- 37 %C (quar.) Extra $1.50 (incr. 11-15 25c (s-a) Co., common Brewery Co.— Common (quar.)___, 25c 25c — Class 11-30 $1.25 (s-a)—_ Year-end 5c — non-cum. Instrument Oil $5 _ Intertype 11- 10-25 11- 8 _______ Freight 11- 11-14 11-20 12-U 11-20 10c Motor 12- 11-15 t50c * (quar.)_ Co., Ltd., common (initial quar.)_ Watch 30c (initial) vtc. (accum.) s*eel C°. (monthly) pieferred (quar.)_ class A (quar.) Mining Smelting & Extra 11-22 12- Interstate 12-20 25c Co. convertible Hancock Ry.— (accum.) (quar.) Natural Gas, common Preferred (quar:) — (quar.) preferred 4% 3 12-11 Ltd. Co., — $1.25 (quar.) com. Life Insurance Cotton Hamilton 12-21 50c Petroleum 30c 1 J $1.75 ______ Extra $2.50 (quar.) — 25C Pfeferred 4V» Preferred Ry., * 1 30c International 15c (quar.) Water Extra Hamilton . 11-15 *i5c (quai\)__ com. <quar.)_. preferred 25c 11-15 11- « 30c Co., 12- 12- 11-16 U-15 30c (accum.) Harvester ___________ 50c .Halliburton Oil Well Cement 10-14 11-22 35c __________ — Utilities, (increased) Extra • _______ Massachusetts 11-15 50c pfd. (quar.): pfd. (quar.)____ (year-end) 'I Preferred B 1 $1.25 35c S01'P- Kansas (s-a)_ (quar.) (quar.) Corp. (quar.)__ (year-end) Oil ' 8 1 1% 10c preferred 11-17 *$1.12ya _____^_ pfd. common preferred Mobile-& Ohio RR. 8 11- preferred Special 37%C (quar.) 12- 11-15 $3.50 International 25c (interim) 5% convertible 12- 11- —-— 12-20 25c (quar.) Western 50c U-15 dividend International Railways of Central 10c 12-29 (quar.)— 5% preferred (accum.) International Silver Co. (Conn.) International Utilities Corp. ;(increased) 25c Northern 50c 12- Machines Business 12-18 30c 1 Dredge preferred preferred < Stock - (quar.) Group 11- $1.75 11-17 1 25c (s-a) Bond 10-31 12- 1 Ltd.— Shares, II-15 12-20 1 2- $2 - 11-10 3 12- 12- *25c 50c Co 1-2-51 *25c (quar.) (quar.)_ common Co. preferred Lakes Hammond (quar.) 11-16 $1.50 (quar.) Southern $5 11-17 Bradstreet, Inc. 2 Qnthiy 5% 9 12-15 (quar.)- 1 $1.50 Extra 10-17 tl2y2c preferred 12- 50c (quar.) & $2.25 .Great 10-31 Co. 11-16 $1.75 37 VaC (year-end) (quar.) * 10-17 11-15 Mfg.. Co. aso 11-15 *$1.50 Aircraft 1 Co. Int'i Cigar Machinery Co. (increased quar.) International Educational Publishing Co.— II-15 12- Products International 1 25c Knight Co., $1.80 prior pfd. Gray Mfg. Co. (resumed) Grayson-Robinson Stores, Inc. 10-31 preference '£rn 3 Union Hallicrafters 2VC- A-] Co-> 5'% ^'eres Ltd., 4.80% snt e 11- 11-24 (quar.) ewry's, Ltd., U. S. A., Inc. ncrensea quarterly h 11-11 t40c Corporation, «rn Graton t$1.25 Hi industries, n Grand Anglo 2% convertible 1 10c Ltd., Ltd Co., 4 20c (s-a) 12- (quar.) 1 preferred Co., 12- 20c Ltd. 11- 4 3% (interim) Group and 5c Ltd. Co. Corp., preferred Hackensack ; 11-30 11-24 11-15 50c (quar.) Company, 62%c , 12-15 12-1 12-20 45c 2VaC common Company, Stores 5% Corp.— Stores, Ltd. <quar.)______ nnacona Paper, Ltd.— Hi Power 12-20 11-15 1 50c (quar.) (quar.) Ltd., common Consolidated 12-19 $1 ______ 1 6 11- 12-30 75c Co 25C (quar.)_, A.) & ; Common quar.) 11- 11- 25C — 12-27 U-15 Stock 25c Rubber & $5 convertible Grafton Granby 11-22 1 Aviation 11-20 11- U-15 $1.25 35c common (irreg.) Co. Institutional 11-20 11-15 11-13 30C $1 1 11-20 12-15 56y4c Extra 1 11-15 2 share 17V2c Co., common 5% preferred (s-a)__ Goodyear Tire & Rubber Co., 11-24 1 Steel Steel 12- $1.25 Rubber 12-20 12-12 Indiana 12- 25c 1- 11-10 Imperial Chemical Industries, Ltd.— 1-2-51 $1.15 per -*— Railroad Co. Ingersoll-Rand 1 12-11 for (quar.) (quar.) Co., Central Inland * 25c American 12-20 12- Power Illinois Zinc 3.73% Common 12-20 Engineering Works Minion can 2 Investment, Ltd.— " (quar.)_: Bridge Co., Ltd. (quar.) Minion nn 1- Idaho 11-10 11- 6 10c 11-10 II-15 called Special 10-16 1 11- *$1.25 (quar.) issue Hydraulic Press Brick Co., $6 pfd. (accum.) Hydraulic Press Mfg., 6% pfd. (quar.) Hydro-Electric Securities Corp., pfd. B (s-a) Hytron & Radio & Electronics Corp.— 12-U $1.22 y2 ,T__ Utilities Wares, Corporation Goodall 11-20 $1 J» Preferred J? 12-25 preferred $2 6 $1 (quar.) & 11-25 12-25 5% 12-11 12- 6 1 Huttig Sash & Door Co.— 50c Girdler 11-3 12- 10-31 (entire Peanut 11-15 $1 6 11-24 11-10 Corp. Public (S. 12-18 6 60c Steel Gerrard 8 .11- I- (Tom) 35C (quar.) Corp. (quar.)__. Plywood Corp., 5% pfd. 11- 12-16 U-15 I-20 11- 12- $1 Mortgage Corp. Ordinary shares (quar.) Company, Inc. 10c 6 1 Refrigerator $1 Paint $4 (increased com. Manufacturing "kias 2 10-24 11- 11-10' Gentry, Great ; ; "creased Extra Pinion 12- 11-18 11-15 12- 50c - participating preferred (participating) Cup Co., 1 84 11-13 Co. __ 12- 11- 75c Co._— common___^_-____. 12-20 11-15 30c (increased quar.) : 1 1 17V2C 50c (year-end) 1212- (s-a) quar.)____ Tin" Investments, 12-29 1 12- 12-11 Erie 10c (increased) Tire 12-~r 12-11 10-28 12- Co redemption on Nov. 15 at $53 plus this dividend). Illinois Inc.—1. Co., General t$l : (year-end)1 B I 12-15 (quar.) Refining preferred Huston 11-10 15c Corp.— " Class 11- 11-25 50c (s-a) Class & Co. Co. General Grand _ 1 $1 11-21* $1 ^ (quar.>_____ 12- $2.25 & 25C common 10-16 50c (quar.) 1 25C (quar.) 12-15 y2c 1 Stove 11- 12y2c U-15 y2c , Electric 'preferred 1 $1 30c troit-Michigan' 12- Mills, General Globe Z Yard 3-16 40c Extra Canada, Ltd.— A 12-16 1 preferred C (s-a) Industries Co. (irreg.) General 8 s* 80c __ Corp._. Stock & 11- 50c common Union . - A 2 4- convertible General 1 $2 __ ^ of class Mfg. Co., cbm. Voting 11-29 t$2 • A Incr I- preferred A (s-a) General 7 Huron & Hussmann 40c Inc., 3%% pfd. (quar.) General Outdoor Advertising Co.— Common (increased) 6% preferred (quar.) 6% preferred (quar.) 11-16 93 %c Oil 11-15 12-11 ! 5% •General 6 U-15 Humble 11-10 $2.50 Co. 25C 75c 1 1 Car Special 12- 1- (quar.)_ Finance General 6 * 11- $1.05 lawa're Rayon Co., class A nnisori 11- U-15 y2c Rock 5% 2 U-15 Motor 11-27 Dredge & Dock Co. *50c - 11-15 37V2C Extra _ 1 4c 50c (Missouri)— Mills, Phipps Stores nver 2 11- 11-30 ■ non-cum. ep 11- 1 U-15 (quar.)-_ class (monthly) (monthly) Havilland Aircraft an 1 12- 20c * $2 12- (quar.) 4% U-15 12- + * (s-a)__: venport Hosiery Extra ___i $2 1 *5y2c ___ A 12-15 1 12- 56y4c Co., Ltd pid. (quar.) 11-10 preferred General *35c (quar.) nsker Realty & Securities Corp. (N. Y.) — Extra 1-2-51 *15c ,___ Manufacturing Class 11-15 v Co., Ltd. Corp. (quar.) 1 50c (quar.) Z— Company (quar.) General Acceptance Corp., $1 pfd. (quar.)_ $1.50 preferred (quar.)— General Bottlers, Inc. (quar.) General Cigar Co., 7% preferred (quar.) 5 *35c common 12- Year-end . (accum.) Seal rtiss-Wright Corp., A :11- 40c Year-end Class 12-1 62%c (quar.) preferred Forster, 8% B.) Oil Steel (Robert) 6% • _______ Co., Inc., (quar.)__ & Corp. rtis 6 re¬ Co.— preferred & um 11- Gair 11-20 1 25c Zellerbach $4.20 11-20 12- 3iy4c for 10-28 Gamewell ; Seal preferred own 6 $1 (quar.) convertible own- 11- 40c Cork (D. Fullerton ' Investors, class A (initial) Imperial Mills, Ltd. Hquar.) ___; Company, 3y4% preferred (quar.)__ i own 11-20* $1 — ibben & Sexton Fuller . Gabriel rporate smos preferred 11-20 Hudson common' (quar.) Co., 11-15 1 *25c (George A.) & Co., common...* pfd. A <quar.)_ 25c Co.___ Trailer 1 12- 11-10 15c (initial ' issue-called Products 4% 8 2 Fruehauf . Industries,- Inc. . Inc. ro, 2 1- Distillery, Ltd., class A___ Wood Extra 1- ^ (Entire B rnell 10-27 12- 25c (quar.) 1 (quar.) (year-end) Kleiser & 25C (quar.) (Henry) & Co.— $1 non-cumulative class A Home Oil Co., Ltd._ 12- Co.— preferred Freeport Sulphur Co. 10-30 $1.13 demption on Nov. 15 at $105 per share plus this dividend). :___ ntinental Gin Co.; 4 % % preferred oksville Co., Ltd., 60c class A (quar.)^___ Class 11-30 $1.12% (quar.) preferred 3 . -ntinental Foundry & Machine Co.— % 11- Foster 1 11- Holt 25C Forbes & Wallace, Company 12-20 11-15 18 Ac Corp., $2 preferred ' E.) 11-15 1-10 50C quar.) 12-15 __l * 11-20 12-15 11-15 (increased) Connell 1 11-15 50C (quar.) Corp. 12- $1.50 (extra) 11-15 * 4.90 % preferred (quar.) Follansbee Steel Corp., common 2 .11-17 (Charles 11-20 50c (quar.) 1 50% (initial common 5 1-16 12- $1.50 Walnut Street Corp.— Stock Lumber 12- 30c 62Vfec (accum.) Corp. Power, 4% 4.60% preferred 2 11- 11-20 L___i— & Steel 11- 1 50c =_ (quar.) Copper 1 37y2C quar.)=.___^. :.___ preferred -ntinental 1212- < $1 (quar.) America— (increased Extra 4% common (quar.) of Corp. Bank Common *12c 1 (quar.)_— $4.52 preferred ontainer preferred 1-26 6% (quar.)l Screw 20c 11-10 10% Set .'Florida ■ - -nsolidated Vultee Aircraft Corp. (year-end) nsumerc Glass (quar.V -nsumers & 12-15 Hormel , ^—__________ 1 11-14 20C 1 Warehouse Corp. 7 (initial)________„ 12- 11-15 — dividend 25C 10-16 -12- 1-2-51 11-29 1 12- Quarterly 11-15 $1 New 9 12- 11-24 $1 (quar.) common preferred (Edward) 12- 32c 20c (monthly) 50C common Works Fitz-Simmons & nsolidated Class 10c 11-15 1 . convertible Holder* _ (year-end) com. (quar.) Corp., Payable of Rec. 50c Extra 2 12- *50c Textile Mills, Ltd. preferred (s-a|. i Theatres, Ltd.—- 11-10 Co., B When $1.29 dividend Cap First 9 - - —.— nsolidated 11-15 1 40C First York t$2 *2%c - Ltd._i Co.. 1 12- Firemen's Insurance Co. of Newark, N. J.)— Increased semi-annual 1 11-15 11-15 Hotels Hires 12- ' 12-1 Hilton 12-29 $1.25 * __ Power 1 (Toronto)— — nnecticut 11- 1-15 32 V2C (quar.) Corp. Screw "56'* Petroleum • $1.25 - *25c $1 Fifteen Hundred . 11-20 Stock - 1 75c - .____ (accum.) Corp., Ccmpress & Stock 10-26 11- 12-15 $2.50 'Enamel Ferry ommonwealt.h • Ferro 11-10 preferred 4% Extra . Heywood-Wakcfeld Hlbbard, Spencer, Bartlett & Co. Monthly Monthly 50c Federal 10-20 11-17 Hines (quar.) (quar.) preferred .Federal-Mogul 11-15 11-15 Per fractional Extra 10-24 183/4c 7%~pfd. 10% Quarterly 11-10 Power $5 preferred (quar.)_ oncord Gas Co. (N. H.), 12-13 45 Share Name of Company 5% Z- Co. Co. Brewing Federal 12-12 9c - & 12- 8 of Farmers & Traders Life Insurance Co. (Syra¬ cuse) (quar.) 1 50c 87 %c Co.— Morse Sugar 4 V'a % 10-31 — (quar.) Inc. (quar.) -lumbia Pictures Corp., common held): Holder* Payable of Rec. for common ;_ Falstaff 1- *35c ommonweaHh Telephone shares dividend (A Utilities Extra 1-2 20c $1.12y2 olumbia Gas System, Co. Texas ' 12- f30c class , 8 20c — olonial'Acceptance Corp., Share of Cash will be paid in lieu of shares. : ! ' ^ Empire Brass Mfg. Co.,Ltd.—" $1 class A (quar.) Z Empire District Electric Co.— 8?y2c - & 25c 5% preferred -(quar.) I Equitable Gas Co. (quar.) Equity Corporation, 20c pfd. "(s-a) Erie Railroad Co.— \ $5 preferred A (quar.) 11-15 12- 100 Fairbanks 50c (quar.)— $4.25 11-30 " 12- - r 12-30 15c - i 11-10 12-44 1-1-51 shares When Share • Co. Emerson Radio & PhonographStock dividend 12-15 35c — olgate-Palmolive-Peet Co., com. $3.50 preferred (quar.)__ k 11-10 10-i6 $1.50 Bond 3% each - 11-10 11-29 11-15 $1.20 -preference (quar.)__=. ockshutt Plow Co., Ltd. (quar.) ->• 11-20 11-10 - _______— Electric 6 Boat 7 6- 1-2-51 • lorado Cent-ral 3- 7-16 Name of Company Electric 10-16 4-16 35c ____ Per 1 6 45c 4# preferred- (quar.) —— —w lark Controller Co. (increased) :— learfield & Mahoning Ry. (s-a) — learing Machine Corp. (quar.)_____ leveland Electric Illuminating Co., com—— $4.50 preferred (qdar.y leveland & Pittsburgh RR.—4% special guaranteed (quar.)— 1% guaranteed (quar.)—: linton Foods, Inc-., common-(monthly)____ conv. 12- 4 12- 20c $1.37% — incinnati Gas & Electric Co— incinnati Milling Machine Co., common— 4%% 1-15 25c 25c 25c 15c 50c :—_ " —« Quarterly ^— Uiksan Company (quar.) Holder* Payable of Rec. 25c " __ — „ When Share . (1773) 12- 1 11- 3 25c f<quar.) 11-30 11-10 U-15 3 '/a % 11-10 12- 1 U-15 12- 1 U-15 87 VstC 12- 1 U-15 75c common quarterly 56y4c 11-30 25C 25c Extra Liquid Carbonic Corp., preferred (quarJ (quar.) 46 (1774) "T of Company (quar.) Special stock (quar.) •4.30 original stock •4.30 original stock Loblaw Groceterias Co., Ltd., class A 12- 9 60c 3-10-31 $1.10 12- 9 $1.00 3-10-51 , , Extra Class i25c $12%c (quar.) — B (quar.) 7% 11- 1 1 11- 1 11- 1 11- 1 12- $25c 12- 1 12- 1 Common $4 class A Long-Bell Lorain 5% Coal Dock & 5% Co., pfa. Louisville Nashville & 6% convertible Lowenstein (M.) Stores, RR. 11- National 11-5 25c 11-17 11- Mar-Tex Shirt Corp., tion (increased) common (quar.) International Marine Magnesium Massachusetts Products Bonding Quarterly Massey-Harris Special Co., & Fund, 1947 Co., 35c 12- 1 11-17 12-1 11-1* 11-30 11-10 1- 2 12-20 Preferred stock series 12-18 12-18 12-20 12-11 11-15 12-15 12-15 11-28 12- 1 11-17 12- 1 11-15 New Jersey 12- 1 11-15 12- 1 11-15 12- Common 12-13 1 11- 1 12- 1 11-1 11-28 .11-15 12-29 12-13 Robbins, Inc. 2nd preferred 1- 2 12-19 4- 2 3-19 1-2-51 12-19 4-2-51 3-19 Diversified Corporate Pacific 11-15 12- 1 11-17 ll-.l $2c 11-17 12- 8 12- 1 11-15 93%C $1.12% $1.12% Metals Procter & 1 - 12- 1 11-14 60c 12- 1 11-14 Building Supply 12-1 11-14 Electrical 12- 1 11-14 12- 1 11-14 Insurance 10-31 —.— Stock : share a (quar.)__ 37%c 11-15 Inc. (quar.)__ 1- 2 Stores Co., common (quar.) 3.90% 3.85% preferred 11-20 11-17 10-20 12- 8 12- 8 12- 8 11-22 10-31 Railroad 11-20 11-1 Railroad 11-25 11- 6 11-25 11- 6 11-25 11- 6 11-25 11- 6 11-25 11- 6 11-25 11- 6 11-25 11- 1 12- 5 11-25 11- 6 6 of (quar.) 12- 5 Tobacco 1- 1 12- 5 Michaels Stern & Mickelberry's Food Mid-Continent Products Petroleum Corp. (quar.) Extra Mid-West Abrasive Co. Oil Co. (quar.) 1 11-15 11- 11-30 11-20 $1.20 30c 12-11 11-17 3.40% 75c (year-end) 12-22 $1.12V2 (quar.) Co. 12-29 $5c Ltd._____ Co., 4y2% pfd. 37y2c Canada, 12-15 11-15 3.60% 12-15 11-15 3.90% 12- 1 11-17 Niagara 5c (s-a) 50c 3 Bonds class conv. Share 2nd conv. pfd. Mississippi Power Co., Missouri-Kansas Pipe Line Co., common Class B (J. S.) Co., Ltd (Robert) Company, Mitchell Semi-annual : 10-25 $1.15 1- 2 12-15 Northeastern Water, 12-16 11-30 Northwest 12-16 1- series B participating Moore-McCormack Morrison-Knudsen Co., 11-15 12- 2 11-20 12- 8 U-28 Nova 1- 9 12-29 6% 11- 6 10- Inc. Inc., (s-a)___ Mills™ Mount Diablo (quar.) Corp. Co. 11-20 Ohio 12- 1- Inc. (quar.) common 1 11-20 2 12-15 $2.25 1-2 12-15 11-15 11- 1 12-15 12- l 10-14 11-16 pref. Chemical Co. preferred Mutual Income of Ben Olin Coal 3 Ontario & 11-30 11-10 Ontario 11.30 1110 11-15 Co. (quar.) n_i5 11-30 11-15 12- 11-15 50c 1 12-18 12- 8 1- 2 12-22 12- 1 11-17 •fji* 6 Outboard Marine Owens-Illinois Paper & Mfg. Glass Co., Co. Pacific 12-28 12-21 10-27 12_ 1 n. 8 5% 12- 1 11- 8 5% 11- 7 4.80% Pacific * 75c 50c 50c 5 y2 % 5% 11-21 11-21 • 11- 7 Gas & Corp. of Electric 11- 6 6 Class 6 11-25 11- 6 11-25 11- 6 7c 11-25 11- 6 50c 35c 30c 85c 12- 1 12-20 12-31 12-31 12-31 12-31 11-15 97 %c 12y2c $1 75c California redeemable Pacific (Del.) pfd. 25C 11-15 11- I 35C 12-22' II-30 7 12-22 11-30 20C 11-15/ 10-24 50C 12- 9 11-16 $2 12- 9 11-16 12- 1 11- 3 $1.25 1- 2 12- 8 $1.50 11-30 11- 1 40c 12-15 11-30 12-15 11-30 11-25 10-16 12- 11- 3 50C Electric 81 12- 1 Rcliand 12-15 12- 8 Roosevelt 12- 11- 9 all 11- 9 Ross 11-10 ____ preferred 10-11 50C 12-14 11-22 $40* 12- 1 12-29 12-29 & 11-10 11-15 1 11-15 12- 1 11-15 12- 1 11- $$1.75 12- 4 1st 2nd 10-31 $6 11-20 10-31 $2.40 12-15 12- 5 56yiC 12- 1 11-15 3-1-51 2-15 6-1-51 5-15 11-15 10-31 11-15 10-31 St. 11-20 11-10 11-30 11-20 12-30 12-20 12- 11-10 12- 1 1 11- 1 St. Regis This 11-6 12- 8 11-20 40c 12- 8 11-20 $1.12% I- 2 12-11 30c 12- 1 11-10 60C 12-14 12- 4 30c 12-14 12- 4 $1 1- 2 12- 4 $1.25 —— Francisco 1- 2 5V2 % 5Va % 2 12-15 45c 11-24 11- 11-15 10-30 1- 1 2 Scott Co., Paper Co., 12- 1 11-15 12- 1 11-10 11-15 10-31 Seaboard Oil Co. Inc. Surety Co. Air Line non-cum. 3iy4C 11-15 10-31 30c 11-15 10-31 - 12- 1 1- 2 $7c II- 6 11-15 35c 50c 11-22 12- 1 11-10 RR. 27 %C 2- 1 27 %c 5- 1 27 %c — 8- 1 50c 85c $1 30c 2- 1 2- 1 II-15 $1.07% & 12- Acceptance, Common preferred 4 1-18 4-18 7-18 11-30; 1-18' 1-18' 10-27 8 12-27 12- 12-15 50c 11-13 12-J U- G 50c common— 12-U 12-11 7%c (quar.) -— (quar.) I- 40c $1.25 (quar.) (quar.) (quar.) Co. 1- 4 12-5 12- 5 12- 1 II-3 II-3 12- 1 10- 6 12- 1 11-8 11-15 10-20 11-14 11-14 12- 91V4C Co.— (Del.) 12-12 75c Roebuck Securities 10c 7c (quar.)—_— (quar.) preferred A Co. 1 12- 12V2C — Extra 5% 12-15 12-15 $1.10 common $1.25 (quar.). 12-15 Co. 10-25 (quar.)__ 1-25 50C 15C preferred (quar.) preferred (quar.) Scotten, Dillon Co Scovill Mfg. Co.— 4.30% preferred (quar.) 3.65% preferred (quar.) 11-15 I- 4 1-25 $1.25 (quar.) common iquar.) vtc $4 3iy4c 1- 4 1-25 $60c common— —, 1-15 10-20 Co., preferred A (quar.) preferred A (quar.) preferred A (quar.) (quar.)___ I-25 $$1.50 — Corp 11-15 11-15 $50c $3.40 5% 11- 4 $1834c — ;— Industries, Seaboard 12- 8 11-15 50c Paper 12- 4 1-2-51 70C preferred Schenley - (quar.) — $$1.06 V* pfd. Ry. A & Fisher Brick 10-16 1- — (quar.) preferred (quar.) preferred 12- 2 11-20 12- 35c Paper Mills Co., Ltd.— Arms 10-16 11-10 43 %c —— _____ (quar.) San Antonio Gold Mines, Ltd San Antonio Transit (quar.) 11-15 1 12-29 11-10 Extra ' 11-15 12- . conv. 4.40% Sayre 11- 1 pfd. (quar.)_ $$1:06% convertible payment clears Extra Savage 11-15 6% 1st preferred 5% St. 11-15 12- 1 12- 1 * Louis-San 11-15 1 12-15 preferred (quar.) preferred (quar.) 2nd 12- 12-10 40c ' Lawrence 1 1 preferred (quar.) preferred (quar.) Saguenay Power, Ltd., 4J/i% St. Croix Paper Co. (quar.) St. Lawrence Corp., Ltd.— 10-30 10-25 12- 50c —... 5 % 1 11-20 11-15 25c (Jacob), 4J/2% preferred (quar.) — Milling (quar.) ——— Safeway Stores, Inc., com. (increased quar.) 75c 11-30 10-25 $1.02% (quar.) Corp. Extra 11-10 11-15 $1 —■: 11-15 1 12-15 50C Russell-Miller 11- 3 12-15 12- 50c Ruppert 11-10 1-2-51 $1 Refining, (accum.) 1 12- 6 12-13 $5c (quar.)» arrears. 11-25 11-11 12- 6 , 25C (quar.)_ Extra 10-27 1-2-51 $1.25" (quar.) common A Industries 10-25 1 75c 9 4% Co., Oil 10-25 12- 37y2c 11- Paper Co., Ltd., 4»4% 11- 6 11- 6 12- $1.12y2 10-27 50C —- 4% 20c $1.12 J/2 11-15 dividend preferred 4% 11-22 35c 1 11-15 11-15 1 12- Corp.— 1 12- 11-20 50c 50C $28c (year-end) 12- Hass & Stock 12- $1 30c IOV2C 1 $1.12% Rohm Sears (quar.)* 10-31 25C 1 Seaboard Corp. 11-15 $1.02 (quar.).. 1 10-31 A 11-15 83c — 12- 10-31 preferred 11-15 1 (quar.)___ 12- 10-31 preferred 1 12- — 11-15 1st 12- 4% 11-15 1st 11-31) — Rochester Gas 34%c preferred 10-25 12-28 _ — ________ 1 — (quar.) (quar.) Spring Co. (R. J.) Tobacco, common B (quar.)_ 3iy4C 1st redeemable Lighting 6% 11-15 11- 3* '20c- Copper & Brass, Inc. (quar.) preferred redeemable Co., 11-10 65C $1.05 Extra 1 12- 8 $1 $1 11- 3* Gas—r~" common 12- 10-18 12-18 $1.06 Va (quar.) Mexico New preferred series F (quar.) 4.10% preferred, series H (quar.) Rock of Ages Corp. (quar.) Rockland Gas Cc. (quar.) 8 10-31 11-10 —— Reynolds Reynolds 11- 11-15 $20C Mills, Ltd., non-cumulative preferred Rand, Inc., common $4.50 preferred (quar.) Renold-Coventry, Ltd., Class A (quar.) 11-25 11-25 I- 2 11-15 12-1 —-- $1.60 Revere 11-25 11. 9 8 12-18 Remington 6 11- 12- 11-28 common 20c .___ 50C ' $4- non-cum.. Regent Knitting (quar.) preferred 1st Company, 40c Finance (quar.), $1.75 •1-15 256 (quar.)—!— 1st preferred (quar.) ___• Reading 6 $1 (increased) $1 1 25c 5'/2% common 11-24 12- 15C 60c preference 11-24 12-11 25c Power Co. (quar.)— Mining Co Railway & Light Securities— 4% convertible preferred (Entire issue called for redemption on Nov. 20 at $52 per share plus this dividend.)™— Ray-O-Vac Company (quar.)™. — Rayonier, Inc., common (quar.) 11- $1.12y2 ___ 12-11 Qulncy $$1 Special $5 of Schwitzer-Cummins (year-end) 11-10 8C $256 $$1.75 Co. 12- •—: ■ 11- $3 (Increased) 11-15 $1 _____ - 11-25 $1 Products, Ltd.— (Increased) 12- 11-10 2% Co.", common (quar.) 5% preferred (quar.)_ Quaker Oats Co., 6% preferred (quar.)—. Quaker State Oil Refining Corp. (quar.)— 11-25 20c (quar.)__ 11-10 $2 Oil Pure 27C" 25c (quar.) A preferred (quar.) Oswego Falls Corp. 4Vs% preferred (quar.) 11- 8 Ry— < 6 11- 50c $0.59375 .(quar.) 7% 12-i5 $1,, Extra com. A Quarterly Extra 11- 56yiC (quar.)_ A 4%% conv. preferred Quebec Ry. (s-a) Common 12-15 10c Louis 11-25 11-25 Steel Inc., $1.50 St. 6 85c common preferred 11- America— & 11-25 11- 56yic (year-end) 11-10 12- (resumed). Extrw- 60c (quar.)_ (quar.) Corp.™, Industries, 4% Oxford (irreg.) Chattanooga Quarterly Acme preferred 11-15 50c (quar.) Nashville, National 43/4% Omar, Foundation— Beneficial shares Co. preferred A (quar.) Oklahoma Natural Gas Co., 11-16 50c (quar.) Tube Inc., $2.25 preferred preferred A (quar.) 11-30 Muskegon Motor Specialties Co.— conv. pfd. r preferred- (quar.) Puget Sound Power & Light Co. Pullman, Inc. (quar.) $2 $2.25 37%c (quar.)_ 7% 12- 12- 933/4C „ (quar.)- div.. preference 35c Ltd., (quar.) Co. Seamless 15c (initial) G.) Company Murray Corp. of America, 4% preferred (quar.) class A Mills, Ohrbach's, 20c 11-10 6 Ltd.—• : 35c (s-a)__ — Extra 35c Corp. ; (C. Match 11-20 1 5c Producers TV, Flour 1 11-30 11- $1.31'/2 (quar.)_ com. Light & Power, (quar.) 1c (quar.) Extra Murphy Ogilvie 12- 60c 11-25 $$1.50 Service, (quar.) Old 6 Co. preference 50c _______ Mountain Public 25c (quar.) Insurance ; preferred Scotia 12- * Corp. Life Minn. 5y4% 50c 20c com. National (quar.)— (quar.)___—_— (quar.) 37y2c (quar.) (quar.)__ _____ $4 prior pfd. preferred 75c (quar.) Consolidated Oil 4'/2% $1.05 (quar.) com. (quar.) Bancorporation Minneapolis, 12-15 5 (quar.)— ; $1 (quar.) preferred Lines, American 62V2c _________ Utilities Co., preferred (quar.) Moody's Investors Service— preferred Northwestern Ohio 4.20% Products 12-15 (quar.) common 12-31 20C (year-end) 4.08% 25c pfd. $4 Ry., Extra 7%c — Motor Finance 2 Co.. Western & adj. North $1 (increased quar.) Paper 11-15 75c (increased) Liqueur Corp Monsanto Chemical Co.— Mosince 10-25 4% $50c _— pref. Montana-Dakota 11-15 —_ 25c 91%c . preferred $1.40 50c Chemical Northwestern Mohawk conv. 10-25 11-30 11- 90c j Extra $50c __*___ Year-end 11-15 Ltd.— Containers, Ltd Mohawk Carpet Mills, Inc. Common Norfolk 10-25 $$1.25 Modern Extra Nopco 11-15 40c (quar.)__ 11-15 12-15 11-10 37V2c (quar.) 4.60% pfd. 12-15 $1.37y2c (quar.)._ — (quar.)„ Corp. 2c $5.50 1st preferred (quar.) A 30c (quar.) —-— preferred (quar.) (quart.) preferred preferred (quar,)_ 50c com. 11-6 21c Newport News Shipbuilding & Dry Dock Co. Niagara Mohawk Power Corp., common... 25c Extra Minneapolis Gas Co Minneapolis-Moline Co., 11-25 "11-25 9c _™, Government ' 11-25 11- 15c —1 Equipment Steel 1 $1.083/4 Common — 1-2-31 6 19c 1- 25c Co. Utility 1- 3.35 % 15c - Public Service 11c — 96V4C (quar.) (quar.) Co., 12-15 11-15 1- Oil 1-1-51 Quebec 6 13c 16c Metals 1 97V2c pfd. (quar.) preferred Ea-idge 1 11- 6c .___ 11- 11-15 25c $1.75 . 11-15 n 37 %c 50c preferred (quar.) preferred (initial quar.) Co. (New Hampshire)— 4.20% Co. 17c - ______ Merchandising 15c (quar.) Stock 4y+ % Electric & 10c : 12-15 12-15 11-21 11-21 . of Colorado Co. Service 18c —• —™_™ 12-15 Public Service Service 11- 20c — ___ 1-1-51 Ltd.—- Mines, Proprietary Public Co. Public 14c —— Chemical 25% . Gamble Public 13c Machinery Bank : u.2 $1.12% . (quar.) (quar.) 9 24c- ______ 12- 1 America of 9 19c Food 1 —™__ 11-3 $1-75 — 11- 26c t. Automobile 11-6 11-27 — ^ 11- 18c Fund 11-30 10C 11-10 7c 8c 16c Fund____*™~_ U- 3 . 1 (quar.)— Co. Pressed 11-25 21c Series— Oil dividend 11-10 12-20 11-15 1- 1 1- 1 1- 1 $10 42 %c com. Fund Investment 40c 62V2c Messenger Metropolitan Edison, Mutual 60c $25c $5c 50c 10-16 11-13 Co._—*— 11-14 11- 11-15 20C (quar.) common Plymouth Rubber Co., Inc. Per Share Preferred Stock Coast $1.06V4 of Mercury fC Diversified Aviation (quar.)__— Co., preferred 6% *, *• 15c Mercantile $2 3 Shares. Industry Bond - 12- Special Muntz 3 11- Tool Extra Investment 12-15 (s-a) Meier & Frank Extra 11- 11-15 — (quar.) preferred 50c (One-quarter held) common preferred Mitchell 11-30 11-15 25c York Stocks, Inc.— Series - 60c (quar.)__ (quar.) Meadville Telephone Co., common $1.50 12-15 50c. Agricultural ,'J. preferred Midwest 11-30 20c Zinc Co.1 (irreg.) Co. (quar.) 11-1 11- 1 ____.— each 4.35% 12-15 — 12-1 1- 2 (quar.) common Stock Ltd Mines, $50%c m.OOVa (quar.) ______ dividend for Motor $4.50 New 60c Ltd. ___ Stock Miami 12- 60c Mines, Plymouth 10-31 ' Extra 4*/»% 11-17 25c ______ Corporation, 1 25c (quar.) (quar.) Porcupine 10-31 - : Diversified Common & 12- 50c (quar.)__ 11-15 11-15 11-15 11-24 12- 1 11-15 - St. Louis RR.— 6% preferred series A (accum.) New York State Electric & Gas Corp., 3%% preferred (quar.) *_ 4%% pfd. (series 1949) (quar.)__ 11-15 $25c Common ^ 1 1- 2 $50c quar.) Plomb New York Chicago & Calumet Extra Corp.— (initial 10-31 New York Air Brake 93%c (quar.) 11-15 (quar.) —— 85c _______ 10-31 $1.50 - 75c (s-a) 11-15 (quar.) Pittsburgh Plate-Glass Co. Pillsbury Mills; $4 preferred 1 2- 5 11-4 12c 10-31 10-31 2-15-51 $75c Extra 11-15 11-15 11-15 10-31 2- 5 11-15 33c 13c Co. 4c 5c 25c $1 $$1;25 $1.06Mi 20c (William), 11-15 25C 2-15-51 __ 3 11- 11-15 1-2-51 33C preferred (quar.)— Philadelphia Dairy Products Co.— $4.50 1st preferred (quar.) $4 non-cum. 2nd preferred (quar.) Philadelphia Electric Co., common (quar.) $1 preference common (quar.) Philadelphia Suburban Water Co., common. $3.65 preferred (quar.)—, $3.95 prefeired (quar.) Philadelphia Title Insurance Co. (extra) __ Phillips Petroleum Co. (quar.) Phillips Screw Co. (quar.) — 7-31 11- I 25c 7% 11- 3 . 1 11-1 •ll-i 11-1 10-26 12-15 11-4 50c Gear & 10c 10c 9c (quar.) 12- (special) Corp. 4c Co. 1 RR. 5c Fibre 12- 50c 10-31 11-15 ; 12- 1 62%C Machine 11- 1 3iy4c Circle 11-10 12- 11-15 10c Perkins 11t25 11-15 11- 6 10c Perfect 1-31 H-30 12-15 11-20 11-20 10-23 11-20 2 83/kC Pennsylvania 4-30 1- 11-30 25C 11-20 10-31 11- 8 11-30 75c & 12-15 " preferred (quar.) Newfoundland Light <fe Power, Ltd.-. New Rig 11-10* 10-31 shares Extra - I 1- 2 12- 9 12- 1 11-15 11"15 i series, groups 933/ic (quar.)_ distributions: (year-end) Ltd., 5% pref. (quar.)_ Neiman-Marcus Co., 4V\% preferred (quar.) Neisner Brothers (quar.)_! — 11-28 12-15 11-15 2-15 5-15 8-15 — Vulcanized Neilson —, 62V2c Co., Ltd. common Aircraft Mc&esson National ' 11-24 53%c Retail trade shares™ : 11-2 11- 9 $50c (quar.) preferred (s-a) 12-15 1- 2 25c 47y2c Railroad equipment shares 12- 8 12- 8 - 15 Nov. series Selected 10-31 12c Common Mclntyre Extra ; the of $2.40 series 12-1 amounts shown below are estimates The Extra ______ 1 Funds— Trust Neptune Meter Co., common (quar.)__ 12- 11-17 Stock series 124c i Ltd., preferred McDonnell $3 National $$3 com. 12"15 8 Drugs, _ 62 %c 62%c 62 %c 62y2c Naumkeag Steam Cotton Co. Inc. Corp., $2.50 » 11- 3 $35c McCord $4 11-15 40c Extra Mica 11- 3 for (quar.) McColl Frontenac Oil 7% 11-15 125c McBrine 5% 1 11-15 Co.— , preferred 4% 11-15 11-25 7c Insurance _™_™_ (L.) Mead 5 Ltd., called $3.75 preferred . 12- 12- 4 , 250 12-15 . 6 1 - - * 20c Ltd. McBrine (quar.)___ preferred (quar.) 5% preferred (quar.) 5% preferred (quar.) 5% preferred (quar.) National Starch Products, Inc. (quar.) National Tea Co., 3.80% preferred (quar.)— 4Vi% preferred (quar.) 20c Corp May Department Stores Co., $3.40 preferred (quar.) $3.75 (quar.)'— Extra 11-15 6 11- 12- $1.25 85c 25c 25c 5% Railroad __ Issue Maxwell, 11-15 a2y2% 6y«% conv. pref, redemption on Nov. 9 at $30 per share plus this dividend) Convertible into common stock up to and Including the 10th day prior to re¬ demption date. V Common (quar.)(entire 11- 1 12-15 Co. $1 12-15 11- 12-15 20c Distillers Tilford & Parkersburg 6 12- U-l n-i 11.1 20c — Corp. (quar.) Reel Co. (year-end) Inc. ((Kansas City) — 25c participating preference (quar.) Peabody Coal Co., common (quar.) —_____ Special 5% convertible prior preferred (quar.) Peninsular Grinding Wheel Co. (year-c-nd) Peninsular Telephone, commou (quar.) $1 preferred (quar.) $1 preferred (quar.) $1.32 preferred (quar.) $1.32 preferred (quar.) Penman's, Ltd., common (quar.) Pennsylvania Glass Sand Corp. (extra) $1.75 20c (year-end) National-Paper & Type, common Balanced Co., Marine 10- 3 11-15 Park 6 $1.12y2 (quar.) 12-14 11-15 Communica¬ Ltd., ordinary (interim) Marine Bancorporation (Seattle) — Special Christmas payment Special Christmas payment h-r)', Oats — — Co., 7% class A pfd. (quar.) Linen Service Corp., common National 50c — (quar.) 11-15 Cc.— Pipe Line Extra Parkview 12- 1 _ Lead 11- 3 to common preferred Marponi 3 ' Eastern Paragon 8 25c preferred 5% Co.— preferred (quar.)., Electric Co 4% 10-20 11-15 (Increased)- common 45c 1 12- 11-10 25c quar.) 11-15 12-30 11-10 $1.25 (increased Realization, Marathon 5% Co. Commou 12- 1 25c _ 5 12-1 J2"}5 11-15 12- 12- J15c 35c 4%% preferred (quar.) 5% preferred (quar.) Nat'l Malleable & Steel Castings 11- 3 1 12-20 Extra U2%c 25c 25c A ™* Manhattan 1 12- 5 Panhandle Ltd. of Canada, %c 25c $3c $5c 25c _L__ common preferred Company (quar.) Extra $4.50 11-15 11-17 12- 5 J $1.18/4 25c Company, 11- 8 12- — Gypsum Co., 11-15 (s-a)__ 11- held)- share 25c Co. 11-15 12- 9 Extra 15c convertible $1 National 1 11-15 25% Oil 12-11 (quar.) preferred conv. National —_ Maitine 60c 12-15 Woodworking Co. (quar.) Mines, /Ltd. MacLeod Cockshutt Gold Mines, Ltd MacWhyte Company Extra each Common 12-15 M Magnavox stock for preferred (quar.) preferred (quar.) National Drug & Chem. Co. 4%% 12-30 ;— (quar.)— (Del.) Corp. 11- Transport & o/j{C(J 11-15 50c Petroleum American 8 4%% 12-28 jMacassa ' Container 6c (quar,)-. (quar.) (quar.) Consolidated M. 11- J^-ll 12- 9 common Extra 50c (quar.) common Corporation & M. 12- 1 12-12 11-30 Co., (quar.) National Cylinder Gas Co., com. (increased)Stock dividend (15/1,000th share of 11-13 11-3 12-20 3-20 11-17 4-1-51 88c 2%c * Lynch Casket preferred 12 %c preferred Extra 3M & (quar.) common.. & Sons, Co. 12- 1 12- 1 1-2-51 $1.50 (quar.) Inc. Lukens Steel J. . $2.50 $1.50 62%c «2yac dividend Stock Lucky (quar.)_ - & Lowell Adams Factors, M. (year-end)— 12-20 Pan 12- : — 11-15 50c dividend Holder, Payable 50c Mills Stock 11-10 25c (extra) Share Extra $1.25 $1.75 15c common Register common * (Missouri) preferred (quar.) Taylor, 6% 1st pfd. Lord „ (year-end) Lumber $6 $1 .____ 10-31 15c National 11-20 12-20 12-22 11-30 12-30 1- 1 $5 (irreg.) 8% preferred (quar.) Long-Bell Lumber (Maryland)— 11-15 12- 1 1-15 11_30 dividend National (irreg.) Common 10-31 50c 50c $1.75 50c (increased) Inc. (quar.)_ Cash Stock Lock Joint Pipe— Co., preferred $7 Pacific 11-15 10%" National Biscuit National 12- 1 $12%c Extra National Automotive Fibres, Pet- Name of Company of Rec. 35c (quar.) Corp. Extra 11-21 2-20 11-21 2-20 BOo Aluminate Monday, November 6, 1950 ... Holders Payable 15c National Special stock Commercial and Financial Chronicle When Share Name of Company , Miami Railroad— Little The "> 4 Per Payable of Rec. Share - Holder$ When Per Name f'i r>r.j! 12-28 7%c 1- 2 31 %C 1- 2 IMO U-10 12-1® 12-10 12-10 Number 4957 172 olume vThe Commercial and Financial Chronicle . . Per . of Company Name When Share Corporation, Class B (quar.)—. 1 40c 90c class A (quar.)— 22c aron Steel Corp., new com. (Initial quar.) 75c awinigan Water & Power Co., com. (quar.) 1:30c k-cl preierred A (quar.) I50c %' 'preferred B '-(quar.) :— t56y4c ea s Winnipeg Brewery, Ltd. Class ]B (swa) ¥15c ' Extra 12-15 t— — 12-15 11-24 12-30 ! 1- 1---4——— • Aircraft, '90c preferred (quar.) lyentol Chemical Products, Inc. (irreg.) _' Extra lar Corp., common.— __ ™_ convertible preferred A (quar.) Lathe Works (quar.)_ West Pennsylvania Pipe Lines— $1:25 u4 <• Bend uth Year^end utheastern Greyhound Lines Edison— 12-15 Suburban 10-31 12- 11-15 1 12-15 12- 12-15 Sun 11-15 11-15 10-19 10-24 10-19 12-11 11- 4V4% 12-20 12-11 la-a 9 11-17 -12- 1 11-10 Associated preferred Telephone uthwestern Electr.c \ 4% preferred < Co.— «. Taylor-Wharton Tennessee 3 3 Stock Gas 10-31 1,2-20 11-27 Stock 12-29 12- .4 11-30 II-15 (quar.) aiding —ii— Glass 11- 5 11-15 10-20 11- 6 12- 1 11-15 Title 1- 2 11-7 Warren 11-30 11-10 $4.50 12-15 11-15 50c 50c Toledo 11-15 Steel encer Chemical v Co., *"■ 12- 28c Electric 5% 11-15 11-15 preferred Mquar.$1.15 eticer Kellogg & Sons (quar.)————* 50c 4.60% 12- . encer "Shoe . 11-15 12- Class United 11-24 1 1-15 22- Corp. 11-15 12-15 11-15 (quar.) —.- Cap & Seai Corp.— convertible preferred* 12-15 yl2- 1 Stock ndard Chemical Co., (quar;). Ltd., 40c % preferred (quar.) —™_'_—i™ 12- 1 11-15 tl2y2c ' common... 12- 1 10-31 t$1.25 ' lidard Coil Products Co., Inc. (quar.) ! uhdard Fire Insurance Co. of N. J. (quar.)* ndard Oil Co. of ".California (quar.) 12- 1 11-15 12- 1 11-17 Weston 50c 12- 1 11- Wheeler, 12- 1 10-31 11- 6 U. S. 12-23 10-16 U. S. $1 12-11 11-10 U. S. $1 Oil Co. (Indiana) dividend Co. of (One N. share for J. (quar.) 12-11 11-10 50c of each 12-11 11-10 rhdard-Steel (increased quar.)'—_ 11- -3 11-15 11- 50c •••' 10% - —1— r_, 11-15 12y2c ' 1 Spring1 11-16 12V2C (quar.) dividend 1 • 12-10 12-10' pher-Traung Lithograph Corp. nreferred iin (A.) :rchi & Brothers (quar.)— Stores $1.25 10-1-0 White's 12- 1 11-18 $37c $35c 11-15 10-16 11-30 10-31 11-30 10-31 75c 11-14 11-3 Winnipeg $1 11-14 11- 3 Winters 11-14 11- 3 35c . 12-16 11-22 $1.12y2 Potash Co., 12-14 12- 11-10 Steel United Stores Universal Insurance Universal Pictures ' 5% Corp., 12- 1 + 50c 12- 8 11- 12-16 12- Power & 1- 2 12-15 20c 56y4C : $15c — (quar.)™' $1.50 11-15 11- 12- 1 12-29 10-31 Universal Winding Co., (F. 12- 11-24 Upper Canada • preference 10-30 10c & 11-21 4 11-16 11- 3 15c 11-15 11- 1 12 y2c 11-15 11- 1 11-15 11- 1 3iy4c 11-15 11- 1 15c (quar.) 11-22 10-31 11-22 10-31 1-31 12-30 11-15 15c 11-15 10-18 30c 12- 11-3 (quar.) common & 1 1-31 1-15 90c 12- 1 11-15 28c 11-15 10-31 11-30 11-15 11-15 (quar.)__ (quar.)„ common 30c (quar.) 3iy4c. (quar.) Ltd.— Co., 12- 1 12- 1 11-10 12- 50c 8 10-27 a3% prior Mfg. v $1.50 Company 5% Towne 2-21 $75c Corp. (s-a) preferred (s-a)__ $2.50 12- Company (increased)Co. (increased quar.) 25c 12- 1 11-15 50c 1- 2 12- __ 1 11-15 8 50c (initial) common 11-22 11-6 75c 11-17 12-15 11-17 12- 10-31 ™: : Consolidated 12-15 25c $6c Extra Gold Corp., Ltd.— Resumed 1 books not tPayable in U. 11-15 12- ♦Transfer 10-27 1 11-15 22V2c 12- 1 tPayable in resident tax S. 11-24 Funds, Less British Less Jamaica Corrected payment Previous for less income this l dividend, 15% funds, resident tax y 10-24 closed Canadian 15%; a 11-15 $2y2c Mines™—^.™ 10-30 11-14 ; .,(quar.) Inc., W.) New 12-15 11-15 12- 90c conv. pfd. (quar.) 11-14 11-10 11- 1 $1.06y4 (quar.)_ 11-15 37V2c :— (quar.) preferred W.) Yukon 11-15 25c (quar.)™ 15c Light Co. Industries, convertible (F. 1 62y2c 8 Youngstown Sheet & Tube Co.— 11-15 — 12- Special 1 12- 1 50c (quar.) Woolworth 12-16 12-15 1 Corp.— Power, (quar.)_ (Rudolph) 12- 11-10 12- (quar.)™ (quar.) Electi'ic preferred Mfg., 12-15 11-10 1 15c Yale $2 1 12- Co Crampton Wurlitzer 1-2 11-15 12- (quar.) Electric & Worumbo yl- 2 12-15 40c 4— common 11-30* 35c pfd. 5 11-15 95c Corp. preferred 12-15 $1 common 4y4% 1 12- common™™™ common x Co., 2- 12-15 12-15 100% 10-20 6 12-20 common., preferred 2-15-51 $4 Rubber, Stores, preferred 6% 1* 15c Wisconsin 11-24 1-2-51 Mfg. Machine Co., Wisconsin 5% 10-31 10c Oil .6% 1 12- 50c Extra 11-17 $6 :_ $6 Co. 1 (interim) Brothers convertible Wilcox 1 $1.06y4 75c (quar.) Ltd Corp.. 12-18 8 A Co. Woolworth (auar.) Spring & Bumper Co., preferred (quar.) 11-15 37y2c quar.)__ series 5 11- Extra 10-31 (quar.)_™ Co., 12- 11-15 dividend Auto 3.60% 35c preference Sewing Stock Inc.— 22y2c common United • * White Common 20% common 12-20 (quar.) ______ Woodall J.), 20c $1.12 y2 (quar.)____ Dental Extra 10-20 25c 4V2% 3 10-20 $1 11^20 12-29 50c — (increased 11- 9 Co. 11-20'* • •'* (anar.».__ Co. Whitehead (quar.)__ Printing & Lithograph S. S.) 10-20 (special-liquidating) (quar.) Playing Card Co., common. 5% U. (S. 10-20 — (N. 1 (irreg.)___ Corp., Instrument Osgood 11-15 preferred (s-a) Lumber S. 11-10 12- 25c 3 Electric 11-15 Extra shares 12-11 andard Silica Coip. xlra ; Co. 1 12- 50c Electric preferred 11-15 Pipe & Foundry S. Standard 75 3.80% 11-15 Special U. U. —__ Railway Equipment Mfg. Co. (quar.) Stock 4%% 11-15 75c pecial andard Lines S. 1 12- 12-12 40c 50c Machinery Corp.— participating preferred (quar.)___ 4y4% U. 25c _— dividend 11- 12-12 Extra Hoffman S. 11-21 75c Year-end Westinghouse Quarterly S. Cold Storage Corp. U, 12y2c (s-a)_„ $1.25 0% White & Manufacturers, (quar.) Corp. Western Railway of Alabama Westinghouse Air Brake Co. $1.75 12-15 U. 6-15 10-27 (quar.)— United Merchants 87y2C (quar.) Inc., common preferred ndard preferred United Gas Improvement Co. 1 10-31 11- X 11-22 — 1 11-15 11- 1 11-10 Engineering & Foundry Co.— Cquar.) 11- 8 $20c (quar.) 11- 12-1 _________ 11- 8 11- 11-15 11-30 (quar.)™ 11-15 11- 11-15 11-15 ,11-15 (special) 10-25 11-15 11-15 $1.12y2 : 10-25 11-10 • 15c i $7 ,;$1.06V4 (quar.)™ 11-10 $1.12y2 ™^_; 75c 15c preferred 11-15 * andard Oil 4V2% 11-10 $1.25 50c (quar.) 50c ndard Brands, - ■"Extra Stock Lines, 1 $1.06y4 —; (quar.)____ preferred A (quar.) preferred A (quar.) 87y2C 30c •'———.— -- 3-15 $1 92y2c California 12- 6% 12-15 Missouri— 20c . Extra." 1.60 of 11-10 $25c I2V2C (quar.) 12-22 1 Canada Breweries, Ltd Western Maryland Ry. Co.— 7% 1st preferred (accum,)____ Western Pacific RR., common (quar.) $l5c pfd. 11-17 12- Western 10-31 6-25-51 1-15 $1.13 Ohio Gas Co. (quar.) Virginia Pulp & Paper— preferred (quar.)_ 11-27 (quar.) Special 7% 11-10 11-17 12-15 8 40c common 4V2% 12-1 Common 1-15 1 5 12-15 11-15 $1.25 12-15 Special 1 12-14 12- 11-15 Co. Sugar 12-15 (quar.)__ Ltd., class A (increased quar.) B Wtest 11-10 Ltd.— (quar.) Corp. Mfg. Indies West 11-10 1-2-51 Co., (quar.) Ltd., class A $10c Co. Air 1 11-15 5 4-1-51 D.) 11-20 $75c Worts, 12- 25c $75c & 11-30 12-20 20c $1 United Corporations, 11-15 1 Oil preferred $1 (quar.)— preferred -United 11-10 -12-15 ———- $3.50 9 11-29 25c $4.50 $1.12y2 liibb (E: R.) & Sons, common (quar.)— 40c $4 preferred .-(quar.) ———— $1 $4' preferred 'series; A (quar.)—_—$1 amford Water Co.' (Conn.) (quar.) „■ 45c Union 11-5 - 12- (resumed)25c Corp. Inc.,- common (resumed)——— preferred (quar.)—. iegel, 1 11- 11-10 12- 25c 35c Extra 12-15 50c (quar.) preferred (quar.)__ $3.70 11-15 1 20c ™i._ (quar.) Light Co. preferred Wentworth 12- 60c _____ Carbon preferred $3.50 11-1 25c (quar.) 7-17 Year-end 25c (initial) Corp. (S. preferred $4.50 11-15 11-15 1-16 4-17 8-1-51 $$1 Brothers $4.25 West preferred 8 8 12- 35c (quar.) common $4 12- 12-15 2-1-51 5-1-51 37Vac _„J; (quar.) Washington Steel Corp.— Co. (L. A.) Co.'of 12- 11-30 35c 37yac — Waterous, common 4^/4% Elevators, Ltd. Union 11-15 1 12-15 12-11 50c & 12-15 11-1 50c Carbide 1 11-15 1 Co.— (quar.) (quarterly) Co., 5 37y2c Gooderham Washington Gas 10-20 11- 50c , Co. 11-17 (increased)™ Extra 11-10 11-15 11-15 40c Co— Common Common Co.— Union 4 1 20c preferred Trust Edison Toronto ,.. & 12- 12-30 50c , Thrifty Drug -Stores Co., Jnc Tide Water Power Co. (quar.)_ Ins. (H.) $4c Inc., (quar.) preferred 6 Walker Ltd Mfg. 11-30 12-15 11-25 11-15 Quarterly Quarterly Thompson Products 12-13 12-15 11-1.5 _1 $2.40 convertible Thomaston Mills 4% 11-25 1 (quar.) ______ Thatcher 12-15 1 Oil 1 1 12- Vulcan 1 & s- 11- Vulcan 2- Transmission 10-31 ia-n 11-14 30c Manufacturing Corp. (quar.) Corp. (initial) Detinning Co., common (quar.) Walker & Company ; 10-31 25% Coal 11-10 1 10c preferred (quar.) preferred (quar.) preferred (quar.) 12- & 1-17 12-8 50c (irreg.) (quar.) Vogt 11-15 11-14 20c Eastern Pacific 12-15 50c (quar.) Chemical 5 .—50c --- 11-15 12- 12-20 $1 26 Inc. Co. 12-1 12-12 2-1-51 70c (year-end) Syndicate, Chemical M2- Iron 11- (quar.)——25c Bros, & 12-15 25c $1.06yi Transmission dividend Texas $4.50 ——.——"— __—1— (A, G.) Extra* 6% 2 25c - Common 11- —— Texas v 11-17 12- 6% 11-15 1 10c Tennessee 'Products 6 12-15 6% 12-6 ' 11-15 20c 11-15 12-15 (quar.) 11-30 (quar.).—j 12-1 Co. 12-12 $2 (s-a). Corp. of America (increased) Vapor Heating Corp., 5% pfd. (quar.) 37V2C Increased 1 Vick 25c dividend 10-31 11-15 12- 11- 25c I 11-15 $1:37% 11-15 10% (s-a) Extra 15c pfd. conv. Vanadium (quar.) Tampa Electric Co. 11- 12- Venezuela (irreg.) common Mines, 11-10 - 1 11-1 (increased). preferred t35c 20c 57y2c - -75c $1.25 ■ a™-. Service Gold 1 12- 1 11- $20c (quar.)-.— (quar.)^._ 6% 11-30 Service Co.— uthwestern Public Oil, preferred 25y2c 30V2c (quar.)—__ (quar.)... preferred 2nd 9 11- Corp. Inc. Paper Co., 12- 9 11- common : Mills, 12- 12- 1 11-20 11-15 (quar.)— common Norman 35c Symington-Gould Corp. (increased) Talon, Inc., common (quar.) 11-17 9 12- Holders Payable of Rec. 25c Extra Van When share Upson-Walton Co. 12-15 25c Sylvanite a 12- Securities, dividend Swan-Pinch 4% 1-2-51 $75c .- Extra 8 12-20 Co., •Sutherland 10-14 10-24 Oil Susquehanna Company 47 Virginian Railway— participating preferred Stock 1 1 3IV4C Propane, Gas 11-15 12- Ltd.— Electric Extra preferred (quar.) —t—ji ____ <k88% -preferred (quar.)—_ — uthern Canada Power'Co., Ltd.— Common (quar.) _ uthern Company (quar.) _——...: uthern Natural .GAs Co. (quar.)„_r™___ uthern Railway Co., common—__u__-™— 5%' non-cum. preferred .(quar,,).. uthwestern Oil Co., A.) Class Suburban A 12-15 10% (quar.) (quar.) 12-30 $3 30c 4.08% $5.50 (D. Per Name of 1 57c common 11-20 California uthefn Corp., 12-15 12- — — _— . „_ Wells 12- Valspar Corporation, $4 (quar.) preferred Stuart Holders 12-15 Inc.— 2 1- $1.05 30c 25c 22V2c 15c 8c 31 Vic 40c — Textiles, preferred $1.25 I-31 12-12 When Payable of Reo. 25c Stowell Screw, Ltd., class A (s-a) Stop .& Shop, Inc. (stock dividend) 1-31 87V2c (quar.) _„_™ 4 20% preferred (quar.) cony-Vacuum Oil (quar.)___ notone 2 50c —— 3?2'/<r -preferred 4%% 2 12- 2-15-51 25c Products Corp., com. (quar.) 40c 4%%":preferred (quar.)_. 59%c erwia-WilHams Co., common (increased)-f 75c4% "preferred (quar.) —$1 mmons Co.! (year-end) ___ — $1.50 mpson's Ltd., 4V2% pfd. (quar.) t$1.12y2 nclair Oil Corp. <«guar.)_ 50c oux City Stock Yards Co., com. (quar.)™ 40c si 50 participating prmerred (quar.}„_ 40c elly Oil Co. (increased) — $1.50 oEs-Shcffield Steel & Iron Co. (extra)— $1 Quarterly —* &Uc nth (Alexander) & Sons CarpetCommon (quar.) 30c -- 12- 2 Share Products $1 Stern & Stern Struthers ellmar Extra 2 1- of Company Aluminum Extra 12-15 10-16 *25c 2-15-51 —r ■ Per Name Sterling 11-24 11-25 Mfg.. Co——• elier Holders Payable of Reo. rrick (1775) Canadian deductible tax 7%. non-residents''tax. at vh tax. v. < income tax. or published dates source.! Non¬ tb.e <0 or "J ,■ v • holders of record dates reported are here. incorrect. were AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA ings Association, of San Francisco, ARKANSAS at a price of 100.06, a net interest Clanton, Ala. Stephens Special Sch. Dist., Ark. cost of about 1.80%, as follows: Bond Sale—An issue of $525,000 Bond Sale--An issue of $271,000 tural gas system revenue bonds improvement and enlargement $2,000 23As. Due Feb. 1, 1953 and , as awarded hmer-Reinhart 26 Oct. on .& Co.; to bonds Co.r both of Cincinnati, Rock, .d Brodnax & Knight, of Bir!hgham, on a bid reflecting a net cost of about fed Nov. 1, 1950. wb 1953 nty tfer, to 1980 approved by of Chicago, Bryte 3.07%. Elementary School Yolo on Bond & and Lawrence Chapman bonds County (P. Nov. 1—v. Safe Deposit Bank of ARIZONA $10,000 aricopa County School District Bond U2a, . O. Phoenix), Ariz. Offering—James E. De- Clerk of the price of a Board of ■ t. i . 3s. 1951 10,000 1961 Dinuba ec, 4 for the purchase of $296,000 Bond "ding bonds. uf on July Dated July 1, 1950. 1 from 1952 to 1971 elusive. Interest J-J. i to 2s. °hnty; Supervisors, will receive afed bids until 2 p.m. (MST) on par, as Bond school p. Stockton, at on Oct. offered 1575—were Oct. 24—v. to bonds. on Dec. Treasurer's (J-D) Dated 1 from Principal payable at office. Dec. school 172, p. Bank of America National Trust & Sav¬ of cost about 2.23%, follows: 2s. Due Feb. 1 1953 to 1955 inclusive. 26,000 2V4S. 1956 to to and on from 1973 Kings River Union School District, Tulare County (P. O. 1 ' Visalia), Calif, Bond Sale—The $29,000 build¬ ing bonds offered Oct. 31—v. 172, Due on Feb. Butte County (P. O. Oroville), Calif. Bond Sale bonds awarded of 1 from San 100.03, 2.47%, City), Calif. Bond Offering—W. H. Augustus, County Clerk, will receive sealed bids until 8 for a.m. (PST) on Nov. purchase of $441,000 school bonds. Dated Dec.i 15,>.1950. Due on June 15 from 1952 td?1974 inclusive. (J-D) Principal payable at at & Talbot, price a of as follows: $30,000 21/2S. Due on Aug. 1 from 1,000 2s. Due Aug. 1, 1971. bonds and 1951 to 1971 dated are mature on Aug. 1, Aug. 1 from Principal inclusive. and interest (F-A) payable at the County Treasurer's office. Washington Union School District, Monterey County (P. O. Bond bonds Salinas), Calif. $69,000 Sale—The offered 1576—were Nov. awarded 1—v. to a school 172, p. group and interest composed of the Bank of America the' County National Trust & Savings Associa¬ Treasurer's office. furnish legal opinion. own Hannaford net interest cost of about a 10 the to The $31,000 school Oct. 30 were Francisco, The 1963 inclusive. Redwood — offered 1951 to 1970 inclusive. San Bruno Park Elem. Sch. Dist., San Mateo County (P. O. interest the County Legality ap¬ Theremalito Union Elem. Sch. Dist., 1950 1, 1950. 1952 Tulare the group C. proved by Orrick, Dahlquist, Neff & Herrington, of San Francisco. $17,000 awarded school from County (P. O. Visalia), Calif. bonds for from to 1970 inclusive. Sale—The 6 inclusive. inclusive. Due — interest $3,000 (PST) on Nov. the purchase of $1,498,000 2 1960 C. as Larue, County Clerk, will receive sealed 2 Oct. District, Offering a Stone & Youngberg, all of San Francisco, and C. N. White & Co., of Oakland, at a price of 100.03, a bids until 10 a.m. Due follows: on School High School District, Sacramento County (P. O. Sacramento), Calif. 172, Due Feb. 1, 1955 Union O. Woodland)), Calif. Sale—The $20,000 offered on 1676—were awarded to composed of the Bank of America National Trust & Savings Associa¬ tion, Lawson, Levy & Williams, net District, 1575—were awarded to the Union ""fas, Jr., of Birmingham. J0- 38 (P. 15,000 l%s. Due and 1956. Grant CALIFORNIA Nov. 1 inclusive. LeDue 1954 Oct. 25 to W. R. on Stephens Investment Co., of Little as 2.80s, at a price of par. Fox, usch & terest sold was p. Purchaser to tion, Stone Lawson, Levy & Williams, & Youngberg, all of San 48 The Commercial and Financial Chronicle (1776) Francisco, and C. N. White & Co., Principal and interest payable at of the price of 100.07, Oakland, at a cost of about 2.32%, follows: as $17,000 3V4S. Due awarded Despite Pueblo County Sch. Dist. No. 60 (P. O. Pueblo), Colo. Sale The $4,688,000 building bonds offered Nov. 1— v. 172, p. 1576—were awarded to a syndicate composed of Glore, Forgan & Co., First Boston Corp., F. S. Mosley & Co., all of New York City, Harris, Hall & Co., Chicago, B. J. Van Ingen & Co., Coffin & Burr, both of New York City, Stroud & Co., Philadelphia, Stranahan, Harris & Co., Inc., Toledo, National — of Commerce of Bank Commerce Trust Co., Kansas City, Coughlin & Co., Den¬ Seattle, Raffensperger, Hughes & Co., Indianapolis and Kalman & Co., ver, Paul, at price of 100.034, a a 1.70%, as net interest cost of about follows: 1 from Due on Nov. 1957 inclusive. $910,000 2s. 1952 to inclusive. 1963 1.60s. 843,000 Due 1 Nov. on from 1964 to 1967 inclusive. Nov. 1, on Nov. 1, on Nov. 1 1968 and 1969. 1970 1971. and 968,000 ing the from 1972 to 1975 inclusive. 1950, CTA has met all of its fixed charges and wiped out the deficit of $856,158 in depreciation reserve carried over from 1949," Mr. Mc¬ Carter said. "As of September, 1950, the Authority had available a total of $931,956 for municipal compensation and modernization. Municipal compensation for the first nine months of the year is estimated at $778,780, indicating a balance of plained. "Compared to p. to Putnam & 1.20s, at 1576—were awarded Co., of Hartford, as price of 100.219, a basis a ot about 1.16%. it is Note Sale—The $300,000 tax an¬ ticipation notes offered Oct. 30— v. 172, p. 1676—were awarded to Day, Stoddard & Williams, of New Haven, at 0.98% interest. from and use (EST.) from 1 bonds 1950. 1, 1953 on Dec. inclusive. Honolulu, Wood, City. Legality approved by King & Dawson, of New City. Honolulu (City and County of), Hawaii Bond Sale—The $1,000,000 H sewer v. 172, & offered bonds series gory estimated at the rate of are total of a a economies Oct. 31— Curtis, and Hornblower & Weeks, all of New ^brk City, at a price of 100.116, a net interest cost of about 1.93%, as follows: Nov. 1 from on 1955 to 1963 inclusive. 400,000 l3/4s. 1964 1973 to 240,000 2s. 1974 Due Nov. 1 from on inclusive. Due on streetcars of Nov. 1 from District Clerk, will receive sealed 11 the a.m. (CST) purchase series Dated Dec., 1, Nov. on 1950. Due Jan. 1, $6,610,000 are and accrued in¬ 1970. Of the bonds, optional terest 000 at on in 1954 to par Jan. 1, as follows: 1953, 1969 and $390,000 inclusive, or $370,from on any interest payment dates thereafter on certain Indianapolis. Interest F-A. Legality approved by Chapman & Cutler, of Chicago. Fowler, Ind. Sale—The Bond $20,000 Oct. offered bonds sewer 26—v. 172, p. Sedgwick 1481—were awarded to the Fowler State Bank. Bond Sale—An Fugit Township (P. O. R. R. No. 8, 000 flood school O. issue of $1,050,- control First the to Creensburg), Ind. Sale—The $86,000 Bond (P. County Wichita), Kan. - are more of service of vehicles for two-man and one-man vehicles. procedures, able to borrow on Oct. 31—v. awarded to 1481—were the bonds 172, 1952 Bond Offering Edward — added funds own $5,500,000 and will of later chase until 2 of bonds. Dated Nov. 1, 1950. Jan. 1 from 1952 to 1971 on inclusive. Bonds maturing in 1958 thereafter and callable are 315,000 iy2s. P.M. Nov. 17 for the pur¬ $35,000 electric utility on revenue Due bids sealed (CST) as of Jan. Miller, of Indianapolis. Sale—The Bond provement and tric utility revenue 31—v. Oct. awarded 172, John to $200,000 elec¬ bonds offered p. 1576—were Nuveen & Upland, Ind. $10,000 munici¬ Bond Sale—The pal building bonds offered Oct. 30 IOWA Iowa City, Iowa Offering—George J. DohCity Clerk, will receive sealed Bond rer, and pointed out im¬ by the city. Ottumwa, Iowa equipment placed in service by CTA during the past five years exceeds the total of equipment purchases by the two predecessor companies during the preceding 30 years. Kane and DuPage Counties Community Unit Sch. Dist. No. St. 303 (P. Sale—The Bond able the at 172, Bond offered the O. ed Secretary sealed bids Charles), III. Offering—Donald C. McCornack, Secretary of the Board 100.105, a lege, 2 Education, will receive sealed bids until 8 p.m. (CST) on Nov. 8 for the purchase of $1,300,000 building bonds. Dated Dec. 1,1950. Dec. 15 from (J-D) Principal payable at 1952 to 1969 and such interest bank company in Chicago as mutually agreeable to the and approved of or (CST) purchase of the District. Legality by Chapman & Cutler, Chicago. Co., of from 1952 ming pool bonds offered Oct. 26 172, p. 1576—were awarded a group Moines tional composed National Bank of the Des Bank; First Na¬ of Perry, the and State are 1960. until inclusive. in 1961 callable Principal as and and of Dec. interest payable at the State Fiscal Agent, at the State Fiscal or Sub-Agency in New York City. Legality ap¬ proved by Dean 8c Dean, of To- Ralston Indep. Sch. Dist., Iowa Sale—The $25,000 build¬ Henry), III. awarded to Wheelock Bond & were Cum- 15764-^were awarded to a group comprised of Hornblower & Weeks, Shields** &'Co., both of New York Bond Sale—The Bond Consolidated School purchase Nov. on of 987,793.43 curb 1 $100,000 build¬ ing bonds offered Nov. 1—v. p. 1677 — were awarded to Iowa-Des of Des of Moines $1,608,506.76 a the 11 the for county school bonds. from bonds. park from internal 1951 1951 to to Dated bonds. order on 1 Nov. internal opening Nov. on im¬ 1 from payment Nov. 15, 1955. the at Louisville Legality pay¬ Trust Co., approved by ville. LOUISIANA Bossier City, La. Sale—A syndicate Bond posed of Equitable com¬ Securities Corp., Nashville; Howard, Weil, Labouisse, Friedrichs & Co.; Nusloch, Baudean & Smith; Weil & Arnold; Newman, Brown & Co., Glas & Co., all of New Or¬ leans, purchased $835,000 bonds at a price of par, a net interest cost of about 2.38%, $533,000 214% as dated are Nov. 1, Offering—J. Clerk, to general obligation on Nov. 1 from 2V2% Due 1970 1950. on Dated Oct. on 1 from Oct. 1953 payable National Bank as l%s, at a price basis of about 1.72%. Legality approved Grafton & and Mechanical of at to College (P. O. Baton Rouge), La. First Carrollton. by Monnot Lan¬ ier, Secretary of the Board ot Supervisors, will receive sealed bids until 10 A.M. (CST) on Nov. for the purchase of stadium and medical $5,700,00u school bonds. 1950. Due on Dec.1 from 1951 to 1975 inclusive. Bonds Dated Dec. 1, in and thereafte of Dec. 1, l^3 • 1956 callable as Principal and interest to be pay¬ able at a bank or trust compai y located in Baton Rouge or n either New York City or Chicas* Wood, hi York City. Legality approved by & Dawson, of New o District No. 52 Alexandria), La. , Sale—The $70,000 schoo offered Nov. 1 v School O. Schweikhardt, Dan Co., of New Orleans, as f ^ at a price of 100.03, a basis & about 2.095%. MAINE 1970 inter¬ the _ 1950. 1, 1, 1955. Principal and Cutler, of University State Agricultural and receive (CST) Nov. 1, Legality ap¬ Chicago. bonds inclusive. Bonds maturing in 1956 and thereafter are callable as of (A-O) dated proved by Chapman & awarded to the purchase of $135,distribution system rev¬ bonds. inclusive. are Interest M-N. White¬ 9 for gas to bonds Bond will sealed bids until 2 P.M. from inclusive. The Ky. Earl 1 on 1964 (P. City obligation Nov. Due 1951 Pineville KENTUCKY Bond follows: general bonds. are bonds Principal and interest (M-N) Legality approved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City. est 1950. Due interest after or maturing Topeka. Oct. 15, revenue Skaggs, Hays & Fahey, of Louis¬ 28 1960 inclusive. street Due and Nov. on payable at the State Fiscal Aency, Nov. $46,000 building any on Due 1951 to 1960 inclusive. head, on Nov. of sive. Callable in inverse numerical 1960 paving Due general provement 1950. p. Nov. 1 from 1951 to 1970 inclu¬ on im¬ improvement gutter, bonds. 542,213.33 , (CST) a.m. purchase Louisiana internal Bank, MoineSj 100.30, National 172, bids until Bond Offering—E. and sewer . 172, Bond Offering — George Reed, County Clerk, will receive sealed inclusive. • revenue 13—v. County (P. O. Stanton), Ky. follows: as general provement Due > building Oct. 1280—were returned unopened. Offering—Oran Wadsack, the 000 District, Iowa offered 1965 City Auditor, will receive sealed bids until 9 a.m. (CST) on Nov. 7 for 0. Sold—Bids for the bonds. enue Sale—The $600,000 build¬ ing bonds offered Oct. 30—v. 172, Citypsmd McDougal & Condon, of Chicago, as l3/4s, at a price of 100.17, a basis of about 1.73%. 1 mings of Des Moines. Scranton pv Nov. bonds Wichita, Kan. Carrollton, offered Not school 302,000 peka. 1.98%. bonds Bonds $190,000 the of 17 for the 1980 to maturing Bank of Perry, as 2s, at a price of 100.136, a basis of about ing Montgomery County (P. Mt. Sterling), Ky. and Bonds The Sale—The $110,000 swim¬ —v. to Louisville. Louisville. $1,300,000 student building revenue bonds. Dated Dec. 1, 1950. Due on Dec. 1 1 County Bank, McKee. Legality approved by Skaggs, Hays & Fahey, of able union * ; Perry, Iowa Bond Bond Marshall and Putnam Counties Con¬ solidated High School District No. 20 (P. O. ' j April 1954. Principal and interest (A-0) payable at the Jackson receive Kansas, Nov. on par. are Principal and interest (M-N) State may pur¬ school dated Oct. 1 1950 Due on April 1 from 1952 to 197(j inclusive. Callable as of date Hubert office Manhattan, p.m. bonds l3/4s, at a price of basis of about 1.73%. of on Beh price of a The bonds President of the Kansas State Col¬ Des Moines, as Bond Due D. of¬ Curf- the will the at — of Regents, day were award¬ Carlton the to same pay¬ Treasurer's Offering of p. $85,000 bridge fund 1, University of Kansas (P. O. Lawrence), Kan. street 1576—were awarded to the White-Phillips Co., of Davenport, as iy2s, at a price of 100.015, a basis of about 1.49%. The 4s, at 6 Nov. Stanley, Weigand, Hook & man, of Wichita. construction bonds offered Oct. 26 —v. State $78,500.00 $90,000 dated are bonds, divided that new Sept. 1 from on fice. Legality approved by Depew, Board Co., Chicago, as 2y4s, at a price of 100.60, a basis of about 2.20%. issue service 7 in Powell Principal and interest Brighton, 200,000, for the purchase of which bids until 2 p.m. (CST) on Nov. 13 it has already received an offer." for the purchase of $150,000 street Mr. McCarter reviewed the improvement bonds. Printed bonds CTA's progress in equipment and legal opinion to be furnished modernization and Sale—The'$180,000 Sept. 1 from on Due bonds 1950. approved by Ross, McCord, Ice & its totalling approximately $1,- Bond inclusive. 1959 to 1961 inclusive. The 1,1957. Principal and interest (J-J) payable at the Home Na¬ tional Bank of Thornton. Legality additional equipment trust certifi¬ cates i? intere County (p, O. McKee) Ky ' Company 1955 to 1958 inclusive. P. Rose, Town Clerk-Treasurer, will receive 1954 to 420,000 iy4s. Due 1947 has any Glasgow p. junior to its —v. 172, p. 1481—were awarded bonds, a total of to Frank E. Hailstone & Co., of $15,000,000, at interest rates aver¬ Cincinnati. aging 4%. To this $15,000,000, the CTA on Principal sold was Securities George F. Thornton, Ind. CTA Equipment date. (M-S) payable at the Farmers National Bank, of Kansas, and the Small-Milpurn about 1.46%. to be and offered bonds Tipton, Ind. in the future with substitutions more of $7,000,000 construction bonds. 17, the 1952 to 1970 terest & Feb. 1 from 1952 to 1961 inclusive. departments. rearrangements chaser Chicago Sanitary District, III. Bond Offering—Bryan Hartnett, for on routes, trust ILLINOIS 9 surface "Additional economies achieved be bids until one-man vehicles weekends on inclusive. 1979 inclusive. to achieved were routes, rearrangement of elevated service, and consolidation of ad¬ Co., Inc.; Blair, Rollins & Co., Inc.; Paine, Webber, Jackson & Due a substitution of buses for two-man & $360,000 2V4s. leaves $7,250,000 in savings due to operating economies. number composed of Phelps, Fenn group This year. vehicles for two-man 1576—were awarded to p. Stuart price of 100.153, a basis of about 1.21%. Dated Dec. 1, 1950. Due on inclusive. Legality approved 1962 1, at the Bankers Trust Co., New York of the five payment ' by Ross, McCord, Ice & Miller, of thereafter 1950. Kan. Sale—Halsey, of of Due 1970 to the Treasurer's office in or to from building bonds of 1950. Co., Inc., Chicago, purchased on building revenue bonds offered 1, 195(L Due semi-an¬ Oct. 23 an issue of $289,789.49 im¬ Oct. 5 were awarded to W r nually from July 1, 1952 to Jan. 1, provement bonds as P/is, at a Thornburgh Co., of Cincinnati as Certificates, Principal and interest payable at York due 1 Callable $112,000 series on Dec. traffic, have March on elusive Jackson Salina, Bond of Trust the of Co., 16 Wall St., City, until 10 'A.M. improvement Dated econ¬ ^ relli (S? will Legality approved by Wyatt Graf ton & Grafton, of Louisville. KANSAS (CST) purchase Clerk, purchase receive a.m. the of B. offices Nov. 21 for the pur¬ of $14,000,000 series B pub¬ chase lic 11 City Dated Nov. of the automobile general adoption was Trust York New the for the 1955 inclusive. Prin¬ to receive will Treasurer, Bankers that $15,750,000 decreased tices (Territory of) Offering — William at opera¬ the credit that it had established by its operating prac¬ HAWAII bids ex¬ "Using Hawaii sealed 1948 estimated totaling ministrative Brown, the he until 18 Nov. on will Trustees bids sealed — Smith, 7:30 p.m. for 6 Co., both of Wichita, jointly, at a price of par, a net interest cost been made in operating costs. Part Redelman, of Greensburg, as iy2s, of about 1.33%, as follows: of these economies result directly at a price of 100.40, a basis of $315,000 Is. Due on Sept. 1 from tions, Torrington, Conn. Bond date," by adoption of the 40-hour work $80,000 general bonds offered Oct. 172, modernization the that week, the substitution of (P. O. Darien), Conn. Bond Sale—The 30—v. for of as These improvement approximately $153,000 available fund solely CONNECTICUT Darien of months nine first Township (P. O. Delphi), Ind. Offering—The Board School Oct. 28. on "In Deer Creek - Nov. on approved by Chapman & Cutler, of Chicago. Consolidated Sch. Corporation 195^ (CST) sealed bids until 7:30 p m on Nov. 7 for the of purchase $25,000 street improvement bonds. $100,000 school building rev "! Dated Sept. Dated Nov. 1, I9o0. Due on Dec. 1 bonds. 1, 1950 ^ e sealed bids until cipal and interest payable at the Town Treasurer's office. Legality INDIANA 6 Glasgow, Ky. Offering Malcolm Bond Knicker¬ bocker, Town Clerk, will receive from 1951 Bond $8,500,000 Due 13/4S. 1677— Kin¬ p. about 2.19%. luncheon meet¬ a day week. Economies in this cate¬ Due 1.70s. 484,000 172, to* Barcus, Co., of Chicago, as 2y4s, price of 100.30, a basis of a of New York at much wider on Due 1.65s. 484,000 tests caused by severe at 31—v. & dred — Delphi omies 999,000 1 /2S. Due on Nov. 1 from 1958 to Financial Condition In Good inflationary pressures the CTA is in a healthy condition financially, Walter J. McCarter, general man¬ ager of the Chicago Transit Au¬ thority told The Municipal Forum COLORADO St. Oct. were Chicago Transit Authority, III. Monday, November . . Williams, Iowa Bond Offering—Lester Sale—The $76,000 Bond fered Dec. 1 from on 1956 to 1960 inclusive. Bond III. equip¬ and village hall bonds of¬ (P. O. Chicago), Forest Park * ment Due on Dec. 1 from 52,000 2y4s. 1 office. Treasurer's Legality approved by Chapman & to 1955 inclusive. 1951 District Cutler, of Chicago. interest net a . Wyatt, Grafton, of Louisville. South Portland, Me. $600,000 scho bonds offered Oct. 31—v. 17 » 1677—were awarded to the * Boston Corp., New York City, lV2s. at a price of 100.929, a b Bond of » Sale—The about 1.41%. ^ Number 4957 172 Volume . . The Commercial und Financial,*Chroniele . MARYLAND Gardner Housing A uthority, - Mass. Wareham, Mass. Bond Sale—The Sale—The.. $343,000 .notes Note Georges County (P. O. Prince offered . offered Oct. Upper Marlboro), Md. (1777) 31—v. 172, 1677— p. on Nov. 2 $865,000 bonds awarded to were to a group com¬ (EST) on Nov. 14 for the City, at 0.95% interest, plus purchase of $500,000 public school premium of $9. bonds. Dated Dec. 1, 1950. Due on pec. 1 from 1951 to 1970 inclusive, Hampden County (P. O. principal and interest (J-D) pay¬ Springfield)i Mass. able at the First National Bank of Bond Sale—The noon a of about 1.35%. Sale consisted . Maryland, in Upper Legality approved by Riles, Barton, Yost & Dankmeyer, of Baltimore: ' " ! Southern. Marlboro; MASSACHUSETTS $700,000 Nov. 1—v. 172, 1677-^-r- p. 1950. Hawkins & Co., Boston, jointly, as 1V4S, at a price of 100.42, a basis Bond or Sale consisted of : The $50,000 water bonds. Due op Oct. 1 from 1951 relief bonds. 1952. Due; on Oct. 1, 1951 and Dated Oct. 1,1950. - 1950 to 1955 inclusive. municipal 50,000 1951 » ' . • T 41 " dated are Dec. Principal and interest 1, pay¬ Day Trust Co., Boston, at the National Bank of Ware- to 1965 dated inclusive. interest* payable Shawmut Legality Thorndike, at Bank approved Palmer Nov. Nov. on 1 100.06, a of about 2.83%, cost of by 1961 chase of $310,000 notes. Dated Nov. on Boston. second series 22, 1950 and due July 31, 1951. interest net follows: as July on 1960 18,000 2%s. 1 from on to 1955 from 1 1951 on 1975 in¬ to clusive. The bonds Nov. dated are ?1, 1950. Principal and interest (M-N) payable at the Britton and Koontz National Bank of Natchez. inclusive. Due 1951 School District bonds. Due Nov. NEBRASKA July 1 from Columbus, Neb. to 1966 inclusive. Bond Sale—The $47,000 airport bonds offered Nov. It— extension MINNESOTA 1; Housing Board, Boston, until 11 a.m. (EST) on Nov. 9 for the pur¬ 172, p. 1678—were awarded to the Central National Bank of Co¬ v. Biwabik, Minn. Bond Sale—The $75,000 sewage disposal plant bonds offered Nov. 1—v. the to lumbus, l%s, at a price of basis of about 1.659%. as 101.116, a 172, p. 1678—were awarded First American and NEW Na¬ HAMPSHIRE . Boston. Series Lawrence, Mass. 172, • jr... »♦. notes p. offered 1677—were Oct. tional Bank of 31—v. awarded as Duluth, 1.60s. as Derry School District, N. H. Bond Clearbrook, Minn. bonds Sale—The $290,000 offered Oct. 31—v. Bond Offering Elmer Lewis, — school 172, " follows: * Bond, Sale—The to from Principal the-Na¬ Due 3s. $27,000 1951 Storey; West field Housing Authority, Mass. &; Dodge," of Note Sale—The $690,000 Fourth - of from 175,000 Washington Consolidated Sale—The price a 1 inclusive. $45,000 build¬ ing bonds offered Oct. 26—v. 172, p. 1577—were awarded to S. R. Livingstone & Co., of Detroit, at water $15,000 are mature Coolidge & Rugg, of Boston. \ bonds Boston. Gray,- Best, Ropes, by bonds' tional Principal arid First Na¬ Boston. Legality Bank^ of approved on Nov. on Township School District (P. O. Skandia), Mich. to and and interest payable at the tional Due Detroit. Skandia Webster Housing Authority, Mass. were Note Offering—John N. BarmTyler & Co., Boston, as 1S/4S, at a price of 100.49, a basis by, Chairman, will receive sealed of about 1.68%. bids at the office • of the State awarded - • bonds. Legality approved by Storey, Thorndike, Palmer & Dodge, of Mass. Sale—The of mains bonds offered Nov. 2 1.04%. basis of about on ham. Haverhill, Nov. 2 were awarded to the First National Bank of Bos¬ ton as 1V4S, at a price of 100.462, a school able at the Beverly, Mass. offered Due Ab¬ bott, County Chancery Clerk, will bonds are dated Nov. 15, receive sealed bids until 10 .a.m. Principal and interest pay¬ (CST) on Nov. 8 for the purchase able at the Ann Arbor Trust Co., of $695,000 bonds, divided as fol¬ Ann Arbor. Legality approved by lows: Miller, Canfield, Paddock & Stone, $520,000 improvement bonds. Due Bond tional Bank of Boston, and Robert Sale—The $100,000 bonds bonds. The (P. O. Natchez), Miss. Offering—Walter P. Bond 1950. Nov. 1 from 1951, to 1970 incl. The of about 1.17%. Bond school 165,000 the Second Na:- awarded to were the following 550,000 21/2% series B, refunding bonds. Due Nov. 15, 1967. Nov. 1 from 1951 to 1970 incl. $360,000 bonds offered of issues: MISSISSIPPI Adams County from 1958 to 1965 inclusive. the Bankers Trust Co., New York Bond Offering—J. Frank Dent;' posed of the Chase National'Batik; City, aft& the Harris Trust & Sav¬ president of the Board of Educa¬ C. J. Devine & Co., and Salomon ings Bank, Chicago, jointly, as tion, will receive sealed bids until Bros. & Hutzler, all of New York 1V2S, at a price of 101.299, a basis awarded were $850,000 21/4% and 2%% refund¬ ing bonds." Due on Nov. 15 49 p. 1678—were awarded to W. E. Hptton & Co., New York City, as Village Clerk, will receive sealed Boston Housing Authority, Mass. $100,000 to the Merchants National bids until 8 p.m. (CST) on Nov. l%s, at a price of 101.43, a basis nicipal relief bonds offered Nov. 1 Note Sale—The $2,750,000 Sec¬ " Bank of Boston, at 0.92% in- 14 for the —v. 172, p. 1677—were awarded to purchase of $44,000 of about 1.59%. ond Series notes offered Oct. 31 .terest, plus a premium of $1. the Second National Bank of Bos¬ bonds, divided as follows: —v. 172, p. 1677-^-were awarded 590,000 to the National Shawmut NEW JERSEY ton, as iy4s, at a price of 100.07, a to a group composed of J. P. Mor¬ Bank of Boston, at 0.92% int. $24,000 water works bonds. Due on basis of about 1.22%. Oct. 1 from 1953 to 1970 in¬ New Jersey (State of) gan & Co., Inc.; Bankers Trust $200,000 mu¬ . , - Co., both of New York City, .'and Massachusetts the Second National Bank of Bos¬ Bond Offering—John E. Hurley ^ State Treasurer, will receive 0.97% ton, as~follows: $750,000 at clusive. MICHIGAN (State of) * Birmingham School District, Mich. Note Sale—The $175,000 tax an¬ (EST) on ticipation notes offered Oct. 24 The $5,500,000 Fifth Series notes Nov. .13 —v. 172, p. 1577—were awarded for the purchase of $75,offered at the same time were sold to the Birmingham National Bank, 145,000 bonds, divided as follows: as follows: - sealed bids until Lot Shawmut National / Bank. of Boston, jointly, at, 0.95% int. 2,000,000 to C. J. Devine & Co., f I . 1960 inclusive. joint¬ clusive. ment to 1951 to dated are mature 1971 on Aug. Aug. inclusive.- 1, 1 from Principal Legality approved by Ropes, Gray,' Best, Coolidge & Rugg, of :> ■ Dated Nov. 1, 1%% interest, plus a premium Nov. 1 from 1952 on are due in Bonds 1953 to bonds cate The — Institution 31—v. awarded of composed $25,000,000 construction Oct. offered 1577—were dated Oct. 1, 1950. 1961 Sale State to a First 172, p. syndi¬ National callable are thereafter and 1950. Dickinson County (P. O. Iron Mountain), Mich. inclusive. Due of Oct. 1, as 1961. Le¬ Dec. 1 from on 1974 inclusive. 1952 to Bonds maturing Passaic, N. J. in Bond Sale—The $1,286,000 gen¬ Principal and in¬ eral improvement bonds offered 31—v. 172, p. 1678—were ticipation notes offered Oct. 31 terest payable at a bank or trust Oct. May 1 from 1954 to 1962 in¬ were awarded to the Commercial company designated by the suc¬ awarded to a group composed of clusive. the National Bank of Iron Mountain. cessful bidder. Fidelity Union Trust Co., 60,000,000 highway improvement Newark; Drexel & Co., Philadel¬ Flint, Mich. bonds. Dated Aug. 1, 1950. Murray County (P. O. phia; J. S. Rippel & Co., Newark; Due on Aug. 1 from 1951 to Bond Offering—Albert C. Hull, Slayton), Minn. George B. Gibbons & Co., Inc., 1960 inclusive. City Clerk, will receive sealed Bond Sale—The $15,000 drain¬ New York City, and F. R. Cole & bids until 8 p.m. (EST) on Nov. 20 Lot B age bonds offered Oct. 26—v. 172, Co., of Newark, as 1.65s, at a price for the purchase of $500,000 series p. 1577—were awarded to the of 100.16, a basis of about 1.63%. $4,650,000 Metropolitan . Water No. 2 water supply system reve¬ District bonds. Dated Oct. 1, Murray County State Bank, of South Plainfield, N. J. nue bonds. Dated Nov. 1, 1950. Slayton, and Citizens State Bank 1950. Due on Oct. 1 from 1951 Bond Offering — Adam A. Phil¬ Due on Aug. 1 from 1952 to 1980 of Fulda, jointly, as 2V2S, at a to 1980 inclusive." inclusive. Callable as of Aug. 1, lips, Borough Treasurer, will re¬ price of 100.166, a basis of about 4,000,000 Metropolitan Addition- 1957. ceive sealed bids until 8 p.m. Principal and interest 2.47%. al Water Loan bonds. Dated (EST) on Nov. 9 for the purchase (F-A) payable at the Chase Na¬ July 1, 1950. Due on July 1 tional Bank, New York City. Le¬ of $20,000 fire apparatus bonds. Park Rapids, Minn. "from 1951 to 1980 inclusive. Dated Nov. 1, 1950. Due on Nov. gality approved by Berry, Stevens, Bond Sale—The $30,000 sewer 1 from 1951 to 1960 inclusive. Evely, of Detroit. Dated and interest payable at the Na¬ tional Shawmut Bank of Boston. Boston. 1956 4,000,000 awarded to the Bristol Coun¬ bonds bonds. 1950. Due ty Trust Co., Taunton, as l%s, at a price of 100.312, a basis of about 1.17%. and bonds. 1,495,000 Logan Airport improve¬ Bond Sale—The $41,000 agricul¬ tural school bonds offered Oct. 31 The outlay Aug. 1, 1950. Due on Aug. 1 from 1951 to 1954 in¬ Bristol County (P. O. Taunton), Massachusetts 1950 capital Dated ly, at 0.95% interest. 2,500,000 to J. P. .Morgan & Co., Inc.; Bankers Trust Co., and Second National Bank of Bos¬ ton, jointly, at 0.96%. were ties bonds. Dated Oct. 1, 1950. Due on Oct. 1 from 1951 to 600,000 and Salomon Bros. & Hutzler, both of New York City, A $400,000 Fall River Harbor facili- inclusive. The bonds from 1 Bank; First Boston Corp., both of New York City; Northern Trust gality approved by Dorsey, Col- Co., Chicago; Blyth & Co., New of $25. man, Barker, Scott & Barber, of York City; American Trust Co., Detroit, Mich. San Francisco; First of Michigan Minneapolis. Note Offering—John H. WitherCorp.; Brown Brothers Harriman Lincoln and Lyons Counties Joint spoon, City Comptroller, will re¬ & Co., both of New York City; ceive sealed bids until 10 Indep. Consol. Sch. Dist. No. 23 a.m. Stubbs, Smith & Lombardo, of (P. O. Tyler), Minn. (EST) on Nov. 14 for the purchase Birmingham; Bartow Leeds & Co., of $662,000 tax anticipation notes. Bond Offering — Therkel Jor'w York City; A. G. Edwards & Dated Nov. 14, 1950, and to ma¬ gensen, District Clerk, will receive ons, of St. Louis, and Fahey, ture on or before Jan. 15, 1952. sealed bids until 8 p.m. (CST) on Clark & Co., Cleveland, as 1.20s, Nov. 15 for the purchase of $325,- at a Legality approved by Miller, Canprice of 100.12, a basis of field, Paddock & Stone, of Detroit. 000 building bonds. Dated Dec. 1, about 1.185%. at $1,000,000 to National City Bank of New York City and the on 1972 noon , Oct. Due . interest, and $2,000,000 at 0.98%. Bond 20,000 water improvement bonds. ' capital outlay bonds. Nov. 1, 1950. Due on Note Sale—The $45,000 tax an¬ 1972 and thereafter of Dec. are callable as 1, 1962. ' Cheshire, Mass. Note Sale—The , school $139,000 notes offered Oct. 27 were award¬ ed to Coffin & Burr, of Boston, as l%s, at Barbier & Quincy Housing Authority, Mass. County (P. O. price .of 101.589, a basis Note Offering.—Louis A: George,1.56%. ; Ja^msdale), Mich. Chairman, will receive sealed bid's Sale consisted of: at the office of the State HousingJ^JSfote Offering — Omer Null, a . of about $125,000 school notes. ^Oue 1 Nov. 1951 from 1970 to Board, Boston, until 11 a.m^(EST) on Nov. 9 for the purchaseof $^ on in¬ third series notes. Dated Nov/ 22, 1950 and due on Oct. 31, Nov. 1 250,000 clusive. 14,000 school notes. Due on 1951. from 1951 to 1964 inclusive. Each issue is dated Nov. 1,1950. as to genuineness by the Uirector of Accounts, Department j>t Taxation Pighton Corporation and Massachusetts. Water District, Mass. ! Bond Sale—The $350,000 bonds ottered Nov. 2 were awarded to *^une, Webber, Jackson & Curtis, and ot °t Robert Hawkins & Boston, jointly, 101.19, a basis The are and to Co., both 2s, at a price of about 1980 dated on Nov. inclusive. 1 ij from Principal interest payable at the First National Bank Legality by Palmer Dodge, of Boston. \ & . ... of Boston. approved Storey, .Thorndikp, Scan- Paul, at interest $20,000 Leoni Feb. 15, 1951. Township Sch. Dist. No. 9 (P. O. R. R. No. 7, Jackson), Mich. price of 100.25, of about a 2.11%, Principal and interest (M-N) able at as South of First the National Plainfield. net proved pay¬ Bank Legality ap- Marshall, Mitchell, of New York by Trimble & Caldwell, City. 2s. Due on Jan. 1 from Spring Lake, N. J. 1952 to 1961 inclusive. taxLanticipation notes. Dated Nov. on a cost of St. follows: Bond Offering—Myron O. Mor¬ Due on Jan. 1 from ris, Borough Clerk, will receiye 1962 to 1.971 inclusive. sealed bids until 8 p.m. (EST) on Nov. 13 for the purchase pf $68,St. Louis Park, Minn. 750 bonds, divided as follows: Certificate Offering — Joseph 10,000 2145. ^ 1.90%. Nov. W. receive the First National Bank Bond Sale—The $50,000 build¬ ing bonds offered Oct. 26—v, 172, Justad, Village Clerk, will receive Housing Board, Boston, until 11 p. 1577—were awarded to the sealed bids until 8 p.m. (CST).on a.m. (EST) on Nov. 9 for the pur¬ Jackson City Bank & Trust Co., Nov. 20 for the purchase of $25,000 chase, of $1,230,000 fourth series Jackson, as 2y4S, at a price of par. street improvement certificates of notes: Dated Nov. 22, 1950 and indebtedness. Dated Dec. 1, 1950. Michigan State Normal College due on Oct. 31, 1951. Due on Dec. 1 from 1952 to 1955 (P. O. Ypsilanti), Mich. Note Sale—The $557,000First Legality approved by Bond Sale—A syndicate com¬ inclusive. Series notes offered Oct. 31—v; posed of First of Michigan Corp.; Faegre & Benson, of Minneapolis. 172, p. 1677—were awarded as Watling, Lerchen & Co., both of follows: * St. Paul, Minn. Detroit; Braun, Bosworth & Co., $457,000 to Chase National Bank; Bond Sale—The $75,000 series Inc., Toledo; McDonald-Moore & C. J. Devine & Co., and Salo6 sewage disposal system Co., Detroit; Paine, Webber, Jack- No. -iv mon Bros. & Hutzler. all of "son- &"• Giirtis; tof Chicago; Crouse bonds offered Nov. 1—v. 172, p. New York City, at 0.95% in& Co.* H. V. Sattley & Co., both 1577—were awarded to the Com¬ terest, plus a premium of $1U of and Donovan, Gilbert mercial State Bank, and Mann: 100*000 to the Merchants National of Lansing, purchased $1,- heimer-Egan, Inc., both of St. / Bank of Boston;,- at 4fl®5600 dormitory revenue bonds, Paul, jointly, as 1.20s, at a price of 100.10, a basis of about 1.18%. terest, plus a premium of $1. as/foH©ws: - bonds 1950 and mature 1953 as Housing Authority, Mass. Offering—Thos. will (EST) on Nov. 6 for the purchase of $50,000 Ion, Chairman, will receive sealed of bids at the office of the State , . . Note Treasurer, d bids until 4 p.m. 8, 1950; Due Taunton Certified County improvement bonds offered Oct. 25—v. 172, p. 1577—were awarded to ■ $45,000 1 sewer bonds. Due on Nov. from 1951 to 1960 inclusive. 23,750 beach bonds. 1951 The front improvement on Nov. 1 from Due to 1960 bonds inclusive. are Nov. dated t 1, 1950. Principal and interest (M-N) payable at the First National Bank Spring Lake. Legality approved Reed, Hoyt & Washburn, of New York City. of by Wallington, N. J. , Jacob Van Hook, Borough Clerk, will receive sealed bids until 8 p.m. (EST) on Nov. 13 for the purchase of $46,Bond nrin Offering hnnrfs divided — as follows: r Chronicle The Commercial and Financial improvement local $31,000 as¬ sessment bonds. Due on Nov. 15 from 1951 to 1955 inclusive eluding the opening balance on July 1*1949 of $54/176/815, totaled of Clarence Mc bids at the office Martinsburg, until (EST) on Nov; 14* for the $435,975,836. Of this amount the sum of $409,431,789 was applied to purchase of $14,000 building Lane; in West 3 p.m. 15,000 sewer and appartus bonds bonds. Dated Nov* 1, 1950.- Due on Diie on Nov. 15 from 1951 to May 1 from; 1952 to 1965 inclu¬ "j 1955 inclusive. sive Principal and interest (M-N) - . . . Monday, November 6 (1778) 50 the reduction taxes nance the of amount of required to be raised to fi the 1949-1950 Expense v proceeds of the sale on Dec. Chatham County (P: Q ■ Pitt.t 1949, of the Fourteenth and Fifteenth' Series General and Rej- V Bend Sale-w-The $40,000 schnni funding Bonds/ together with the building bonds-offered Oct 31 interest earned on the investment v. 172, p.1679—-were awarded of the proceeds. The balance is the Equitable Securities Corn expected to be raised from the Nashville, at a price of 100 07 1 Authority's Special Reserve Fund, net interest cost of about 14nV its General Reserve Fund, and its as follows:, V-Wo, General and Refunding Bonds, $20,000 iy4s. Due on Aprilj 1 from Fourth Series 3%, due 1976 Sink¬ the NorthCarolina^ 20, v dated Nov. 15, payable at the Lewis County Trust Budget, resulting in a balance in interest (M-N) Co., Lowville. Legality approved the General Fund of over $26,500,payable at the Peoples Bank & by Vandewater, Sykes, Heckler & 000 at June 30, 1950. This balance, Trust Co., Passaic. Legality ap¬ .1953 to 1957 inclusive7 m together with the estimated reve-r Galloway, of New York City. nues of. the General Fund for ing Fund. 20,000 iy2s.. Due on April l,from proved by Reed, Hoyt & Wash¬ New York City, N. Y. The Port Authority indicated in 1958 to 1961 inclusive. • l burn, of New York City. 1950-1951, is used to finance, in m Tax and Debt Data Issued—As its Official Statement dated Dec. 9, part, the Expense Budget for such West Orange School District, N. J. required by the New- York City fiscal 1949, describing- the Fourteenth Iredell County (P. O. State,oilU) year. Bond Offering — W. Russell Charter, Comptroller Lazarus Jo¬ North Carolina >• and Fifteenth Series Bonds, that Rinehart, District Clerk, will re¬ seph issued his annual report of North Hempstead and Oyster Bay it expected to provide the balance Bond Sale —The v $138,000 re. Union Free Sch. Dist. No. 3 ceive sealed bids on Nov. 29 for the receipts and the expenditures of the funds necessary to retire all funding bonds offered Oct 31 ' (P.O. Roslyn Heights), N. Y. the purchase of $900,000 construc¬ of The City of New York for the of the $67,031,000 principal amount v. The bonds are , 1950. Principal and ■ ♦ . 1949-1950. The report phases of the NEW YORK financial operations of The City of New York, such as the costs Bayville, N. Y. to the Gity of operation and main¬ Bond Offering — Florence R. Barrentine, Village Clerk and tenance, capital improvements, as¬ sessable improvements, the City's Treasurer, will receive sealed bids debt and sinking funds for the until 2:30 p.m. (EST) on Nov. 8 retirement of part of such debt, for the purchase of $57,000 street the employees' retirement funds, improvement bonds. Dated Nov. and other miscellaneous items. 1, 1950. Due on Nov. 1 from 1951 The Comptroller states that to -1959; inclusive. Principal and interest (M-N) payable at the Ma- there was an increase of approxi¬ tinecock National Bank of Locust mately $182,975,695 in the longtion bonds. 172, p. 1679—were- awarded to Bonds, either out J. Lee Peeler & Co., of Durham availably and the Vance Securities Corp 0f sealed bids until 4 p.m. (EST) oh for debt retirement or out of the Greensboro, jointly, at a price of Nov. 13 for the purchase of $!,- proceeds of another issue of Port par, a not interest cost of about 575,000 building bonds. Dated Nov, Authority obligations. 1.98%, as follows: 1 fiscal year * - ■ I York City. Clerk, will receive of Fourth Series of accumulated reserves Due on Nov. 1 from 1951 Principal and: in¬ 1, 1950. Portvillej N. Y. Brighton Fire District No. 5 (P. O. Kenmore}, N. Y. Offering Bond Roswell J. — (EST) on Nov. 14 for the purchase of $24,000 fire hall addition: bonds. Dated Oct. 15, 1950. p.m., facturers & Traders Trust York City. Buffalo, ; - North Merrick Fire District (P. O. Bond Due Oct. 15 from 1951 to 1960 on inclusive. ; payable (A-O) interest Principal and at the Kenmore & the- Manufacturers office; of Traders Trust Co., of Buffalo. Le¬ gality-approved by O. Clyde Joslin, Town Attorney.Brookhaven and / cash ■ Bond and with Sale—The $177,000 school v. 172, 1678£-were awarded to Hall & Co., New York, as 1.60s, at a price of 109.33, a basis of about 1.55%. p. On July 1, 1950 the general debt-incurring margin of The City of New York amounted to $234,- 686,442. Against this amount were reserved remainders of authoriza¬ tions No.- 3 (P. O. North Syracuse), New York Bond Offering—William G. sealed ceive Co- Clerk,, will larocco,, District until bids 2 re¬ p.m. Nov. 9 for the purchase of $59,000 school bonds. Dated Sept. 15, 1950.. Due on Sept. 15 (EST)f on from 1951 to 1955 inclusive. Prin¬ cipal and interest. (M-S) payable Cicero State Bank, Cicero. at the Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. Richmond ville, and Roseboom District Central No. 1 (P. O. 1970 interest First inclusive. Principal payable at (M-S) National Bank of and the Legality approved by Van¬ dewater, Sykes, Heckler & Gallo¬ of New York City. Concord, Sardinia, Collins, Ashford, Yorkshire and East Otto Central School District No. 1 (P. O. Springville), N. Y. Bond Sale—The $990,000 build¬ ing bonds offered Oct. 30—v. 172, p. 1578—were awarded to a group composed of Halsey, Stuart & Co.; George B. Gibbons & Co.; B. J. Van Ingen & Co.; Chas. E. Weigold & Co., and Paul Frederick & Co., all of New York City, as 1.90s, at a price of 100.18, a basis of about 1.80%. Martinsburg Common Sch. Dist. No. S (P. O. Lowville, R. F. D. No. 6), N. Bond The Offering — Y; Pernel Rook, District Clerk, will receive sealed Comptroller reports that including accruals, for the operation of the Expense Budget for the fiscal year the total City revenues, 1949-1950 amounted to $1,169,333,- 712. The expenses, including en¬ cumbrances, were $1,169,084,943, resulting in a saving of over $248,- transferable the to Tax Deficiency Account. In this report the Comptroller indicates that the at June the real estate tax 1949-1950 year $540,502,748, and that close of the fiscal year 1950, $26,217,523, or 4.85% of the levy, remained un¬ collected, as compared with $25,30, The report 30, shows that tate taxes for the fiscal year 1950 and all to prior years $154,880,135, while 1949 lated a reserve provide taxes levied City had for which and of that may prove 1 inclusive; .and $33,000 2s due on March 1, 1974.23,000 school bonds: $12*000 l%s, due on March 1 from 1963 to ,1968 inclusive; $4,000 2s, due : March 1, 1969 and 1970; $4,000 Brundage, 2y4S, due March 1, 1971 and 1972; and $3,000 2s, due March 1, 1973. ; sealed bids at the office of J. Richmond . Page,. 514 Exchange Bank Bldg., Olean, until 2:30 p.m. (EST) on Nov. 9 for the purchase of $675,000 construction bonds. Dated Oct. 1, Due 1950. OHIO \ Ashland? Ohio /. . , ! on 1679—were 172, Oct. 31—V. offered bonds awarded to p. inclusive. group a Separate bids may be made on Roosevelt & Cross, each issue. Interest A-O. rott, Village Clerk, will receive of New York City; Manufacturers Traders Trust Co., Buffalo; sealed bids until 3 p.m. (EST) on & Butler Township School District I. duPont & Co., and Nov. 6 for the purchase of $32,000 Francis (P. O. V andalia), Ohio motor fire apparatus bonds. Dated Freeman & Co., both of New York Bond Sale—The $495,000 con¬ Nov. 1, 1950. Due on Nov. 1 from City, jointly, as 13/4S, at a price of struction bonds offered Oct. 30 1951 to 1960 inclusive. Principal 100.58, a basis of about 1.70%. —v. 172, p. 1679—were awarded and interest (M-N) payable at the to a. group composed of Hayden, Utica, N Y.. Village Treasurer's office; Legal¬ Bond Sale—The $100,000 series Miller & Co.;.Fahey, Clark & Co.; ity approved by Wood, King & Shepard & Co., all. of D public improvement bonds of¬ Hawley Dawson, of New York City. fered Nov. 2 —v. 172, p. 1679 — Cleveland, and First of Michigan Penfield (P. O. Penfield), N. Y. Corp., Detroit, as 2y;s, at a price were awarded to George B. Gib¬ Bond Offering — James J. Mcbons & Co., Inc., and Chas. ,E. of 100.86, a basis of about 2.18%. Gowan, Town Supervisor, will re¬ Weigold & Co., both of New York Columbus, Ohio ceive sealed bids until 10 a.m. City, jointly, as l^s, at a price of (EST) on Nov. 13 for the purchase Bond Sale—The $1,250,000 re¬ 100.77, a basis of about 1.417%. of $18,500 town garage ,bonds. lief, sanitary and storm sewers Dated Dec. 1, 1950. Due on March Woodstock Common School District Fund No. 6, unlimited tax bonds 1 from 1951 to 1955 inclusive. offered Nov. 1—v. 172, p. 1679No. 2 (P. O. Woodstock), N. Y. Principal and interest (M-S) pay¬ were awarded to a group com¬ Bond Sale—The $220,000 build¬ able at the Union Trust Co., Roch¬ posed of Weeden & Co., Wm. Lj ing bonds offered Nov. 1—v. 172, ester. Legality approved by Moser, Pollock & Co., both of New YorK, p. 1679—were awarded to the Johnson & Lief, of Rochester. City, and McMaster, Hutchinson Kingston Trust Co., of Kingston, & Co., of Chicago, as IV2S, at a as 1V2S, at a price of par. Peru, Ausable and Chesterfield price of 100.77, a basis of about Central School District No. 1 1.44%. Yorktown, Schrub-Oak-Mohegan (P. O. Keeseville), N. Y. Bond Offering Bond — Wm. W. Par- Sale—The $110,000 build¬ es¬ about 1.49%. Plattsburg, N. Y. Bond Sale—The $525,000 grade school construction bonds offered the 1—v. 1679—were awarded to Salomon Bros. & Hutz172, p. ler, and Ira Haupt & Co., both of New York City, jointly, as l%s, at a price of 100.053, a basis of composed un¬ collectible. (P. O. Yorktown Heights), N. Y. Additional Bond Offering—John H. Down¬ No. improvement bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to inclusive. 1975 To Redeem Bonds—The Author¬ The , Peekskill National Bank Co. Legality Company the White approved by Vande¬ Sykes, Heckler & of New York City. water, way, Chicago, and JCincinnati, as 1.2: price of 101.15, a basis in¬ at & Trust Burke at a about & of Co., 1.32%. Gallo¬ Dayton, Ohio Offering—E. E. Hafman and City County (P. O. Morganton), countant, will receive sealed0 North Carolina Director of Finance until noon (EST) on Nov. the purchase of $4,300,000 Joseph compares Bond Sale—The $41,000 school on Dec. 15, 1950, of the outstand¬ divided as follows: the amount of $46,300,000 of in¬ ing $67,031,000 par value of Gen¬ bonds offered Oct. 31—v. 172, p. debtedness issued in anticipation eral and Refunding Bonds, Fourth 1679—were awarded to the Equit¬ $1,100,000 street opening, of tax collections and outstanding ing and extension, series Series, 3%, due 1976. The Fourth able Securities Corp., Nashville, unlimited tax bonds. D June 30, 1949 with such indebted¬ Series Bonds will be redeemable at a price of 100.176, a net interest ness outstanding on June 30, 1950 Oct. 1 from 1952 to 1976 cost of about 1.41%, as follows: on that date at, 102% of their face of $57,000,000. value plus accriied interest. 7 $16,000 l%s. Due on May 1 from and The report indicates that the It is estimated tha^ u,6i the 1953 to 1958 inclusive. 1'' - Comptroller « RyaA and Principal payable (M-N) terest NORTH CAROLINA ity is calling for the redemption — Co., Inc., New York City; Sutherland & Co., Toledo; Illinois Bond Authority, N. Y. Sale lighting improvement fun 2, limited tax bonds offereai same day were awarded to street ing, Town Supervisor, will receive the sealed bids until 2 p.m. (EST) on group composed of Northern ir Nov. 14 for the purchase of $75,000 Co., Chicago; Harriman Ripley about 1.24%. Port of New York of Water Dist. heretofore be March 1 from 1971 to 1973 - District Clerk, will receive Patchogue, N. Y. accumu¬ to (P. O. Portville), N. Y. Bond Offering—R. E. l' March $26,000 2y4s . Portoille, Olean, Hinsdale,- ClarksNo. on 1970; - $102,348,969 to were due inclusive- on , were of of price a 1968 due . June 30, Nov. portion at and 1969 Co., of to 2s, , $156,097,954. At the close of this fiscal year the $16,000 Oct. 1 from 1951 to Bond Offering-—T;/V. Withers, 1975 inclusive. Principal and in¬ No. 1 (P. O. Hilton), Director of Finance/ will receive terest (A*0) payable at the First New York sealed bids until noon (EST) on National Bank of Olean. Legality Nov. 22 for the purchase of $19,Bond Sale—The $930,000 build¬ approved by Vandewater, Sykes, 456.17 special- assessment bonds, ing bonds offered Nov. 2—v. 172, Heckler & Galloway, of New divided as follows: p. 1679—were awarded to a group York City. : composed of George B: -Gibbons $11,380.26 ' street*- paving bonds, & Co., Inc., Chas. E. Weigold & -Dated April 1, 1950, and due Rhinebeck, Clinton, Milan, Red on Oct. 1 from 1951 to 1960 Co., Bacon, Stevenson & Co., B. J. Hook^ Hyde Park and Stanford Van Ingen & Co., Inc., all of New inclusive.' Central School District No. 1 York City, and Sage, Rutty & Co., 8,075.91 sanitary - sewer bonds. (P. O. Rhinebeck), N. Y. of Rochester as 1.70s, at a price Dated June 1, 1950, and due Bond Sale—The $968,000 school of 100.66, a basis of about 1.64%. on Oct. 1 from 1951 to 1910 1949- such uncollected taxes 13/4S, as 1963 from p. 100.17, a basis of about 1.73%. Greece-Central Sch. Dist. amounted on 172, 2—v. $115,006 road and bridge bonds* $40,000 l%s, due on March 1 vill&and Genesee Central Sch. Dist. Parma, Hamlin, Clarkson and June on 1950 the uncollected real sewer 1679—were awarded to the Manu¬ ing bonds offered Nov. 1—v. 172, 428,097 at the close of the preced¬ p. 1578—were awarded to the Ma¬ ing fiscal year, or 4.84% of that rine Trust Co., of Buffalo, as IV2S, levy. at a price of 100.02, a basis of Cobles¬ ville. way, 977. amounted to Offering—George C. Hem- street, District Clerk, will receive sealed bids until 2 p.m. (EST) on Nov. 10 for the purchase of $325,000 school bonds. Dated Sept. 15, 1950. Due on Sept. 15 from 1951 to $133,464,306 for capital projects included in the 1950 Capital Budget not yet authorized by the Board of Estimate, leaving an unreserved margin of $15,152,- levy for the fiscal Coblesville), N. Y. Bond the balance of Decatur School contracts no tered of $86,069,159, as well as 769, Coblesville, Carlisle, Middlehurgh, Fulton, against which other liabilities had been regis¬ or Clay, Cicero, Salina and DeWitt Central School District $2,134,401,206, or an in¬ of over $138,800,000 in the crease last fiscal year. Y. — totaling investments and 1950 cash, amounted to $2,273,278^ at June 30, 1950, as compared 525 Islip Common bonds offered on Nov. 2 30, June at funds $866,616,089, as compared with $822,517,713 at the close of the previous fiscal year. The net debt, i. e., the long-term debt less sinking fund holdings School District No. 13 (P. O. Holtsvilleh N. New-York $55,000 Nov. offered bonds of Hempstead,' Merrick);- Town Bond Sale—The $25,000 fire ap¬ long-term debt of the City amounted to $3,139,894,614, while paratus bonds offered on Oct. 26 —v. 172, p. 1578—were awarded at June 30, 1949 the amount of to the Meadow Brook National such debt was $2,956,918,919. For Bank of Freeport, as IV2S, at a the retirement of that portion of the debt payable from the sinking price of 100.132, a basis of about •: funds there were held by such 1.45%. sinking Sale—The (M-N) payable at the Ros¬ lyn National Bank & Trust Co., Roslyn. Legality approved by Reed, Hoyt & Washburn, of New terest gross Fleischman, District Treasurer, will receive sealed bids until 3:30 ' District to 1979 inclusive. during the fiscal year 1949-1950. At, June 30, 1950 the Valley. Legality approved by Reed, Hoyt & Washburn, of New ' ton, debt term Offerings—Albert V. Nor¬ Bond deals with various wide - 750^00'park General fiscal Fund year receipts ended June for 30, the 1950 the amounted to $381,799,021, and, in required to accofrfplish redemption,; approximately amount $55,285*000 will be available from 25,000 IV2S. Due on May 1 from 1959 to 1963 inclusive. i» playground ^ provement, series D, un ed tax bonds. Due on from 1952 to ^ 1971 ^ • inclusive. / Number 4957 172 olume . . The Commercial and Financial Chronicle . (1779) | The bonds are dated /Aug. 1, NewburghHeights, Ohio Bond Offering — Frank J. Jira, 1950. Principal and interest <F-A) 'improvement, series E, unlimited ■: tax bonds. Due on Village Clerk, will ^receive sealed payable at the First-National Bank & Trust Co., Oklahoma City, or Oct. 1 from 1952 to l966 in¬ bids until 7 p.m. (EST) on N6v. city's, portion street and , tional Bank of Connellsville. SOUTH Report building, series C, Stream on Pollution— The Stream Pollution Study Com¬ CAROLINA $12,500 fire station bonds* Dated Nov. 1, 1950. Due on Dec. 1 from 1952 to 1976 ,1976 inclusive- -Tennessee: (State of) ' at the Marine Midland Trust Co., Aiken County (P. O. Aiken), S. C. New; York City. Callable prior to Bond Sale—-R. S. Dickson & Co., maturity. Legality approved by of Charlotte, have purchased $45,inclusive. Principal and interest Mitchell & Pershing, of N. Y. City. 000 hospital bonds, divided as Associated with Shields & Co. (J-D) payable at the Central Na¬ follows; tional Bank of Cleveland. Legality and Allen & Co. in the offering 6,000 6s. Due on Sept. -1 from are: Eastman, Dillon & Co.; Stifel, approved 21 for the purchase of clusive. 250,000 bridge improvement, se¬ ries D, unlimited tax bonds. Due on Oct. 1 from 1952 to 200,000 safety awarded to the Second Na¬ were „ sewer 51 by Squire, Sanders & Unlimited tax bonds. Due on 1951 to 1953 inclusive. NicoJaus & Co. Inc.; Salomon Bros. Oct. 1 from 1952 to 1976 in¬ Dempsey, of Cleveland. 39,000-2s. Due on Sept. 1 from & Hutzler; Bear, Stearns & Co.; clusive, Newtown Local Sch. Dist., Qhio 1954 to 1970 inclusive. Blair, Rollins & Co. Inc.; R. W. 900,000 'water works extension Bonds Not Sold — District was Pressprich 6c Co.; Stranahan,-Har¬ and improvement, limited tax unable to award the Clinton, S. C. $15,000 im¬ ris & Co. Inc.;.Leedy, Wheeler & Bond Sale—M. S. Bailey & Sons, bonds. Due on Oct 1 from provement bonds offered Nov. 2— Alleman Inc.; Hirsch & Co.; Ira of Clinton, and the Bank of Clin¬ 1952' to 1971 inclusive. v. 172, p. 1679—owing to. the fact 400,000 • intercepting sanitary that insufficient prior ' notice of Haupt & Co.; Robert Hawkins & ton, jointly, purchased an issue of Co, Inc.; The Robinson-Humphrey $10,000 seWCr improvement; limited the sale had been municipal cemetery bonds. given. Co.; Herbert J. Sims & Co., Inc.; Dated Sept. 15,1950. Due"on Sept. tax bonds. Due on Oct. 1 Emerson & Co.; M. E. Allison & 15 from 1951 to 1960 inclusive. Northridge Local School District from 1952 to 1971 inclusive. Co., Inc.; C. Edgar Honnold; Evan Principal and interest payable at (P. O.Dayton), Ohio • • •All of the bonds are dated Nov. L. Davis, and Leo Oppenheim & M. S. Bond Sale—The $410,000 build¬ Bailey & Sons, of Clinton. I 1950. Principal and interest Co. ing bonds offered Oct. 31—v. 172, Legality approved by Sinkler, (A-O) payable at the City's fiscal Gibbs & Simons, of Charleston. p. 1578 — were awarded to Braun, Thomas, Okla. gent in New York .City or DayBosworth & Co., Inc., and StranaBond Sale—The $15,000 fire de¬ n. Legality approved by Squire, Greenville County, Parker School Sanders & Dempsey, of Cleveland. han, Harris & Co., Inc;, Toledo, partment, bonds offered Nov. 1—v. District No. SIS (P. O. jointly, as 2^4s, at a price of 172, p. 1679—were awarded to Greenville), S. C. East Franklin -Local Sch. Dist. 101.i9, a basis of about 2.16%. R. J. Edwards, Inc.* of Oklahoma Bond Offering—James F. How¬ (P. O. yR.D. 1, Center Road, City, as 3s. Orwell, Ohio ard, Chairman of the Board of Clinton), Ohio Bond Offering—Helen R. Irwin, arr Acres,Okla. Trustees, will receive sealed bids Bond * Offering—D. H. Myers, Bond Sale—The $330,000 sewer until noon (EST) on Nov. 16 for Village Clerk, will receive sealed Clerk of the " Board of' Education; bids until noon (EST) on Nov.-21 bonds offered Oct. 31—v*. 172, p. the purchase of $600,000 equip¬ will receive sealed bids until noon for the purchase of $6,500 fire de¬ 1679—were awarded to the First ment bonds. Dated Dec. V 1050. . mission of the State of-Tennessee has just released Governor Gordon its July 1, 1950/which by Lincoln report to Browning, dated was prepared of the-New Caffall York financial consulting firm of Wainwright, Ramsey & Lancaster. The report deals with the increas¬ ing volume of stream sewage pol¬ ' , ■ • - lution, which jumped almost 50% in the amount waste systems in be taken municipal years the by and sewage by 1944-1949, and recommends several the steps to State and . its municipalities. The report Tennessee recommends become the Ohio River -that member ,of a Valley Water San¬ itation Compact and that the State take the lead in organizing - * of discharged River Basin nessee • program to be Ten¬ A accomplished in the five years next a Compact. , to protect ^ptsblic health is* outlined., It provides for (EST) on No v. 8 for the purchase partment bonds. Dated Oct. 1, National Bank &/Trust Co., Okla¬ Due on Jan. 1 from 1952 to/1972 the treatment of $200,000 improvement bonds. of sewage dis1950. Due on Oct. 1 from 1952 to homa City. inclusive. Bonds maturing in 1962 Dated Dec. 1,1950. Due on Dec. 1 1961 inclusive. Interest A-O. and thereafter are callable as of charged by 17 communities in¬ from 1952 to 1971 inclusive. Prin¬ Washita County Indep. Sch. Dist. Jan. 1, 1961. Principal and inter¬ cluding Chattanooga, Knoxville, Pickaway County (P. O. cipal and interest (J-D) payable No. 7 (P. O. Cor dell), Okla. est (J-J) payable at such bank or arid Nashville at an estimated i:ost Circleville), Ohio at the Exchange Bank Company, Bond Sale The $32,000 school trust company as may be agreed of about $26,000,000, as well as Canal Fulton. Successful bidder to Bond Offering—Fred L. Tipton, house bonds offered Oct. 24—v. . . * — provide legal opinion. * Hamilton .County Board of County 172; p. upon by the Board of Trustees and correction at three State institu¬ 1579—were awarded to the the successful bidder. Legality ap¬ Co., of Oklahoma proved by Sinkler, Gibbs & Si¬ tions and a TVA community. The mons, of Charleston. long range program transcending First Securities Commissioners, will receive sealed noon (EST) on Nov. 13 City. (P. O. bids until Cincinnati), Ohio Offering—C. F, Hutchin¬ Bond the of Clerk for the purchase of $10,000 Walnut 'OREGON South Carolina (State of) Towp. Bridge No. 12 bonds. Dated son, Clerk of the Board of County Bond Sale—The $5,000,000 high¬ Sept. 1, 1950. Due on Sept. 1 from Albany, Ore. Commissioners, will receive sealed 1952 to 1961 inclusive. Int. M-S. Bond Sale The $70,000 im¬ way bonds offered Oct. 31—v. 172, bids until 11a.m. (EST) on Nov. 22 provement bonds offered Oct. 25 p. 1579—were awarded to a syn¬ Shaker Heights (P. O. for the purchase of $543,500 bonds, —v. 172, p. 1483—were awarded dicate composed of Halsey, Stuart Cleveland 20), Ohio divided as follows: to the First National Bank of & Co.; R; S. Dickson & Co., of Bond Offering—T. E. Cook, Di¬ $439,000 trunk or main line storm Portland, at a price of par, a net Charlotte; B. J. Van Ingen & Co.; and sanitary sewer bonds, se- rector of Finance, will receive interest cost of about 1.35%, as Hayden, Stone & Co.; Otis & Co., ^ ries F. Due on Sept. 15 from sealed bids until noon (EST) on follows: Inc., all of New York; Hamilton 1952 to 1976 inclusive. Nov. 17 for the purchase of $600,& Co., qf Chester; Peoples Na¬ $28,000 l3As. Due on Dec. 1 from 104,500 sewer and water line 000 sewer and drain bonds, series tional Bank, of Charlottesville; 1952 to 1955 inclusive. bonds. Due on Sept. 15 from No. 5. Dated Dec. 1, 1950. Due 42,000 iy4s. Due on Dec. 1 from Peoples National Bank, of Rock 1952 to 1971 inclusive. on Oct. 1 from 1952 to 1961 in¬ Hill; First National Bank, of Mem¬ 1956 to 1961 inclusive. The bonds are dated Dec. 15, clusive, Interest A-O. phis; Clement A. Evans & Co., of 1950, Principal and interest (M-S) PENNSYLVANIA Atlanta; Kebbon, McCormick & OKLAHOMA — the five year ultimate at present. the The also office, Legality approved < by Sq\iire, Sanders & Dempsey, of Cleveland. Hanover Local School District (P' O. R,1 R. S,Hamilton), Ohio Bond Sale — The' $25,000 provement bonds offered Oct. —v. - im¬ 26 1578—were awarded to Cleveland Corp., of Cleveland, as 2s, at a price of 172, the 100.93, a Coyle, Ohla. Offering—L, Bond basis of about 1.88%, Highland Heights (P. O. Cleveland), Ohio Bond Offering — Tom Knowles, Village Clerk, will receive sealed bids until 8 p.m. (EST) on Nov. 20 for the purchaseuf $15,000 munic¬ ipal building bonds. Dated Oct. 1, 1950. Due on Dec. 1 from 1952 to 1961 inclusive. Principal and in¬ terest (J-D) payable at the Cleve¬ land Trust Co., Cleveland. Hopewell Township (P. O. N. Conley, provement bonds offered Oct. 26 Clerk, will receive sealec —v. 172, p. 1483—were awarded bids until *7:30 p.m. (CST) on to Harriman Ripley & Co., Inc., Nov. 8 for ;the purchase of $10,000 New York City, and Harrison & Town water : works bonds.. Due from 1953 to 1962 inclusive. p. First Allentown School District, Pa. Bond Sale—The $500,000 im¬ Norman, Bond Offering man, City T. C. Barrow- Clerk, will a basis of about 1.24%. about 1.31%, Okla. — Co., Philadelphia, jointly, as l%s, at a price of 100.60, a basis of Co., of Chicago; Field, Richards & Co., of Cleveland; Thomas & Co., of Pittsburgh; Kenower, MacArthur & Co., of Detroit; William R. Compton Co., of New York; and Frost, Read & Simons, of Charles¬ ton, as 1 V4s, at a price of 100.069, receive sealed bids until 8 p.m. (CST) on Nov. 14 for the purchase of $830,- 100.593, i?'.^ue on Nov. 1 from 1952 to Interest M-N. Madison Township Local Sch. Dist. (P. O. Trotwood), Ohio Bond Sale—The-$80,000 build¬ ing bonds offered Nov. 1—v. 172, P. 1578—were SamPosed of awarded to Doll group Isphording, Provident Savings Bank & inc. i„jE, Co*' and Weil, ng a & Roth & Irv- Co., all of Cincinnati, II a Trice of 100.57, about 2.20%. a as 2%s, basis of Secretary, $60,000 build- bonds, offered Oct. 28—v. 172, W€re awarded to the New Richmond. National Bank, as 2s, at a n'^u price of par. in com¬ keeping spirit of home rule and suggests additional local taxes to be imposed for general nity purposes. commu¬ It recommends re¬ activation of the Stream^PdllUtion Control Board with the substitu¬ tion of the Executive Director of the Commission State. Plannihg for the Commissioner of and Dallas Indep. Sch. Dist., S. Dak. several Agricul¬ procedural TEXAS of $102,000 3^4s. Due 4% ♦bonds. turnpike Due on Aug* .. 1962 to 1989 inclusive. 4,370,000 '3% the Union Na¬ from tional fBprik of l^pKeesport. Legal¬ ity apprnved by Bufgwin, Church- j 1958 to 1961 inclusive. 25,660,P00 3V2% turnpike revenue ill, bonds. Due op Aug. 1 from un UJ Nov. 1 from on 1952 to 1959 inclusive. 423,000 2%s. Due on . Nov. 1 from 1960 to 1980 inclusive. trict revenue interest,payable at 1 ' Bond Sale—The , $970,000 District, Ohio ®®nd Sale—The 'n® with the industry, will Bond Sale—The $45,000 general (P.O. Williamsport), Pa. $75,000 general obligation bonds offered Oct. 26 City and Tulsa. The bonds were obligation bonds offered Oct. 30 —v. 172, p. 1579—were awarded awarded to the syndicate via com¬ —v. 172, p. 1579—were awarded petitive bids last May, but re- to the First National Bank of to the Wachob-Bender Corp., of offering had to be deferred pend¬ Omaha, at a price of par. Williamsport, as VAs. ing final validation of the securi¬ Port Vue School District, Pa. ties. The first step in the proceed¬ TENNESSEE ings was approval of the issue by Bond Offering — Anna Krajack, the State Supreme Court in July District Madison County (P.O. Secretary,* will receive 1950. This ruling was appealed anc Jackson), Tenn. sealed bids until 8 p.m. (EST) on was dismissed by. the Unitec Nov. 6 for the purchase of $70,000 Bond Offering — August Wilde, States Supreme Court in October improvement bonds. Dated Nov. County Judge, will offer at auc¬ 1950. The $31,000,000 bonds con¬ 1, 1950. Due on Nov. 1 from 1951 tion at 2 p.m. (CST) on Nov. 21 sist of the following: to 1970 inclusive. Principal and Hew Richmond Local School i or financing Bond Offering — Hazel Womelreceive Aransas Pass, Texas sealed bids until 7:30 p.m. (EST) dorf, District Clerk, will receive 000 bonds, divided as follows: on Nov. 16 for the purchase of Bond Sale—The $525,000 water sealed bids until 8 p.m. (CST) on $350,000 auditorium bonds. Due $150,000 sewer bonds. Dated Dec. Nov, 15 for the purchase of $59,- works and sewer system revenue from 1953 to 1974 inclusive. 1, 1950. Due on Dec. 1 from 1951 bonds offered Oct. 27—v. 172, p. 30,000 water works bonds. Due to 1980 inclusive. Bonds maturing 000 refunding bonds' Dated Oct. in 1961 and thereafter are callable from 1953 to 1960 inclusive. I, 1950. Due on Oct., 1 from ,1953 1580—were awarded * to a group 450,000 storm sewer bonds. Due as of Dec. 1, 1960. Legality ap¬ to 1970 inclusive. Bonds maturing composed of the Equitable Securi¬ from 1953 to 1974 inclusive. proved by Townsend, Elliott & in 1966 and thereafter are callable ties Corp., Nashville; John Nuveen Munson, of Philadelphia. Oklahoma Turnpike Authority as of Oct. 1, 1965. Principal and & Co., Chicago, and Rowles, AVinLancaster, Pa. (P. O. Oklahoma City), Okla. interest (A-O) payable at bank or ston & Co., of Houston, at a price Bond Sale—The $300,000 im¬ Bonds Publicly Offered—Shields trust company designated by the of 100.098, a net interest cost of j&c Co., and Allen & Co., both of provement bonds offered Oct. 31 —v. 172, p. 1579—were awarded successful bidder. Legality ap¬ about 2.77%, as follows: New York City, jointly headed a Borough express a basis of about 2.40%. constructing an 88-mile konds are dated Nov. 1, highway connecting Oklahoma A»61 inclusive. munity, that by the offending changes. Glen ford), Ohio Bond Sale—The $15,000 fire en- syndicate which made public of¬ to the Philadelphia National Bank proved by Faegre & Benson, of Philadelphia, as 1 ^4s, at a price Sine bonds offered. Oct. 28 were fering on Nov. 2 of a new issue of Minneapolis,. of 100.71, a basis of about 1.13%, awarded to Ryan, Sutherland & $31,000,000 revenue bonds, pro¬ Lake Andes, S. Dak. ?•' Toledo, as 21/&s, at a price ceeds of which will be used in Lycoming County Institution Dis¬ °* Study Commission's report be handled ture, SOUTH DAKOTA Doylestown, Pa. Bond Offering—C, Leroy Frack, pollution new occur. recommends , payable at the County Treasurer's of they as of 'Other of pollution -and sources meeting loads minimum is aimed elimination 'i Ruf|^Jj&-.H«le.tt, of Pitts'//::// " <•: ■. Somh Connellsville, Pa. bonds issue bonds. Sept. of Dated 1, 1970. $200,000 Sept. Independent School District$ Texas Bond Sale—An issue of cafeteria and 1, 1950. $125;000 housing bonds was purchased by Russ & Co., of San Antonio. Harris County (P. O. Texas Bond Houston), Offering—H.L.Washburn, County Auditor, highway ed bids until wiil 11 receive seal¬ a.m. "(CST) on Due Nov. 15 for the purchase of $1,- Principal and in¬ 500,000 court house and jail bonds, terest (M-S) payable at the Chem¬ series B of 1950. Dated Dec. 10, ical Bank & Triist Co., New York 1950. Due" on Dec. 10 from 1951 • general City, Legality approved by Chap¬ offered Oct. 9 man & Cutler, of Chicago. Bond *Sale—The $10,000 turnpike revenue bonds. Due Aug. 1, 1990. obligation - an Cuero to I960 inclusive. nine years Callable after from (late of issue. Le- and Financial Chronicle The Commercial 52 / . , . (1780) Monday, November 6 •f V gality *•- Heckler ceive sealed bids until Dec. 5 for Vandewater of by approved Sykes, $•! 0- sealed bids until tees, will receive > ceive sealed bids until Dec. 20 for (CST) on Nov. 8 for the 7:30 p.m. I purchase of $5,900,000 public the Sale—The Bond Va. Maurice Mil¬ Bond Offering—J. of the Board of Trus¬ ler, Director of Finance, will re¬ Secretary U* Richmond, Arledge, T. Offering—J. Bond ■ Texas Orange Indep. Sch. Dist., V Federal Reserve System i«„ of. .industrial production factn Treasury sold employment and payrolls, etc. The indexes for September,' toee h with a month and a year ago, follow: / • 5 uier of) Canada (Dominion . investment to chartered banks and dealers BUSINESS $700,000,000 of issue an mature =100 for average for construction contract's; 1923-25 average =100 and the 1, 1952, Nov. on 1939 1935-39 100 fdr all other series. average = ' bonds. improvement bonds. Dated Jan. 1, 2!4s, purchase of $900,000 school 1, 1950. Due on Dec. 1 Dated Dec. j July 1, 1956. on ' . • Adjusted for - *;j from 1951 to 1981 <>, - / . maturing /' ,/ callable are Principal and in¬ foregoing date. terest 3 <»>* State Treasurer's ^ j * > and works water bonds revenue •/ '•{ Co., of Boston, R. H. Moulton & & Co., of Dallas, as Sept. Dated 100.10. Hugue- gality approved by Dumas, 5 O. Vice-President | and gents will receive sealed til 11 fv (CST) a.m. to 1973 inclusive. due in 1969 and callable are Nov. 20 for f on District No. 1 (P. O. Mount I , hii ll)r 4 / ■H ■. ■ of Best, Gray, Coolidge 4 r* — Will Montreal; W. C. Harris & Co., of Toronto; Pemberton & Co..,. of Collier, of City The & the and Co., Ellis, are bonds They dated Nov. guaranteed are / iDue Nov Qn from j Columbus, Sale—The Trust & Savings P.. Johnson, 1 as %s, at GROUP 31—v. 172, Due • CONSECUTIVE of 100.214, 1956 to The a .from net investment income have Clerk, Institutional Bond. bonds Common Stock. 1950. ..... ........ will receive (CST) Dated Nov. are 1, 1950. Due in callable 1962 as and of able at the First State Aviation....... 12 15 .24 p. .06 Milwaukee ....... Industrial Machinery.... .14 .10 ii fa. approved V 242 148.1 142.0 154.7 141.1 1150.2 148.7 1158.0 335" Department store stocks, value_ 263 145-,. 114 281 299' 274 t331 < . 143.7 335.1 140 285 289 284 t320 Department store sales, value— 394.0 105 135- 134 143.5 156.1 $400.2 Freight carloadings •Data hot tEstimated. tPreliminary. available. yet NOTE—Production, carloadings, and department store sales Indexes based on daily convert durable manufactures, nondurable manufactures, and minerals points In total Index, shown in Federal Reserve Chart Book, multiply dur¬ able by .379, nondurable by .469, and minerals by .152. To averages. indexes to based Indexes contract Construction three-month on moving averages, centered of F* W'. Dodge data for 37 Eastern States. To convert Indexes to shown-in Federal Reserve Chart Book, multiply total by $410,269,000, residential by 41*4,137,000 and all other by $226,132,OiOO. at second value month, figures, . Factory employment index, without seasonal adjustment, and payrolls index piled by Burfeau of Labor Statistics. * " (1935-1939 average = 100) Adjusted for > v: w. . Seasonal Adjustment v -1950- Aug. Sept. 244 236 223 219 265 203 198 792 744 $284 279 224." $285 287 $267 273 $212 209 - „,r- Electric . — Transportation equipment Automobiles (incl. parts) Nonferrous metals and Smelting and Fabricating Lumber products .< . $211 /' 179 223 219 171 275 265 168 203 198 168 373 792 744 373 ; 279 ' 224 252 t285 287 252 231 t267 273 157 t212 209 157 175 150 175 208 tl78 177 119 + 171 170 132 158 - 1212 132 . t212 150 166 1193 192 158 1219 220 152 192 212 214 189 $164 clay & glass products— 164 146 1170 3 55 tl91 Cement Clay products. and 183 189 $191 products 231 211 .$210 - 193 t284 . $14S — Furniture Sept. 236 -1193 Lumber 1949 Aug. 244 193 208- $164 : , 171 211 $212 refining products and Sept. 179 Sept. : Open hearth Stone, Without " •1949 1950— 275 steel and com¬ PRODUCTION INDUSTRIAL 141 191- 242 219 169 151,. 189 155 $73,000 build¬ about awarded to Co., of Milwaukee, pride of 101.58, a the as basis of »■+ and con¬ the 25 Oct. Wood, Gundy & Canadian Bank of Commerce, both of Toronto, joint¬ ly, at price of 98.32, a $60,000 2V2S. net inter¬ a 3.27%, follows: as Due on Oct. 1 from 1951 to 1956 inclusive. 155 127 152 155 127 365 294 379 365 294 139 172 139 115 $121 114 textiles Leather 172 ' * Eden-Farson School District No, 2l (P. O. Farson), Wyo. Bond .08 house Sale—The bonds $40,000 offered Oct. 1957 to Due 26—v. 1C8 172, p. 1391—were awarded to Peters, Denver, Writer &! Christensen, of as 2s, at basis of about 4 price of 100.26, 1X96%. 106 98 112 117 110 83 77 88 76 * and Goat kip leathers kid leathers and * are * Other 1 Tobacco on 125 190 190 131 125 167 167 tl87 $117 110 + Oct. Montreal, 98.48, a basis Oct. Dated 3s, at as 1, of 145 155 158 tl53 134 176 +200 200 207 174 267 $122 134 137 t239 products 172 197 3 75 181 204 120 126 125 120 126 125 : 245 283 247 ,269 231 Cigars fruits and Cigarettes veg __l , 229 75s -76 191 169 tl94 232 228 203 232 228 Newsprint 116 116 96 116 115 Printing and publishing Newsprint consumption—. $168 169 159 f 169 161 163 165 156 165 148 Petroleum $237 238 208 $237 238 200 179 $193 200 J90 •180 $198 ne 145 a tobacco 71 products and coal products_ 1193 • - / ' , •- IZ_I * 60* . • $198 -V •; , <* Industrial chemioals 168 $276 , products $269 about 1950, Co., and of 3.24%. due on Oct. 1 from 1951 to 1970 inclusive. 179 180 145 149 23 238 263 139 $164 362 405 $457 138 165 $376 451 174 240 1245 —---x 157 208 471 $437 i $245 , 2i6' 405 174 240 ' Rubber 96 159 167 •276 V 451 $457 : 203 176 <> 23 362 169 190 a '236 266- $166 - •' 149 471 . $267 "Rayon : 167 $437 Chemical products were price 81" 190 Panerboard 185 78 $194 Other Paper and products j MINERALS tl67 1G2 122 Coal. 133 133 144 142. 60 92 97 50 $183 177 $135 136 Fuels Anthracite Crude petroleum-. Metals Iron - • - ; 133 97 ■ 50 154 128 169 $165 • 267 368 $344 ore_. 60 177 $183. 154/' 98 142 92 58 133 144 1 122 162 $167 58 Bituminous coal of $116 254 Beehive 23 120 115 $171 foods By-product dated Oct. 1,1950 on 86 131 $105 Oct. 1 from Sale—The $150,000 school offered 84 $104 $167 manufactured Gasoline ! 84 84 87 ' $165 Manufactured food products Wheat flour Paints bonds •86 $101 St. Agathe des Monts Parish, Que. Sale—The Bond •Data $35,000 road not yet available. 26 were Inc., price of 98, a 3.55%, $10,000 1951 3;s. awarded to Rene T. Montreal,' at of a net interest cost of as follows: Due to 1957 on tPreliminary." CARLOADINGS FREIGHT $ (1935-39 average = - from 14,000 3X4s) I 135 Cpke 201, 12G 128 on Oct. 1 from /GO 142,/ 11,000 31/28. Due oft Oct. 1,1966. The bonds are dated Oct. 1,1950. • v 55 ' • . 121 .. : 56 298 154 125/ 147. . 95 160 i.. 145 155 t V 190- 143 . 79 I - 198 *: ■> 1958 to 1965 inclusive. M25 $ 139 72 198 13d'4 - 164 , 52/ - .. i 57 60 126 135 • , Sept. Aug. Sept. Sept. j 60': Aug. ' Adjustmen^ -1950- 1949; rl950" Sept. inclusive. Due Without Seasonal Seasonal Variation Cojal Oct. 11 100) Adjusted for 3.. 148 se¬ 100 ' 121 $ Calf 1965 inclusive. The bonds about school $122 it products Fuel oil 13,500, 3V2S. Leclerc, 06 a I." offered bonds awarded to Co., Oct. will $.10, Rajlrood Sort* Shares-$.01. 152 379 and truck purchase bonds offered .09 08 Fund $73,500 1.85%, .10 ....».......... Cotton consumption School WYOMING be paid as follows? The $.01, The Fully Admin¬ istered fund $.07, The Low Priced Stock Fund Bond Joint 03 *ln addition, extra distributions from net profits a .11 Utilities General 254 336 t155.4 Total factory by 07 s Steel... curity 1580—were 2s, at 10 Railroad Equipment Tobacco Bank, Fen¬ ing bonds offered Oct. 27—v. 172, .09 Railroad Stock - 358 240 U48.7 Nonagrlcultural Meatpacking pay¬ (P. O. Belleville), Wise Sale—The Bond Chemical......,., Merchandising I -?•»" 247, 254 ' awarded to L. G. Beaubien & Dist. No. 4 Investing Company ■ 1961. Village of Belleville and Towns of 21 *Railroad Bond 1, 06 Petroleum l 123 346 Factory payrolls, total— 15, Ste. Marie School Commission, Que. Food. f Total Processed struction thereafter Principal and interest (M-N) Electrical Equipment..... , May 1 on May Legality June dated are Sale—The Bond .17 Building r bonds. waukee. Industry Classes Mining...... 178 362 ^Sheep and lamb leathers- Nov. JO9 Automobile * on building Montrose and Exeter • sealed Lines, Spooner & Quarles, of Mil¬ 08 *Low Priced Stock. i 200 311 * Bond been .09 *Fully Administered. ' * Cattle hide leathers Quebec Bertha Pope, purchase of $75,000 vet¬ nimore. * General Bond r 221 Employment— Wool June 15 from on Magog Catholic School Commission, Wis. — memorial erans maturing Funds f . t224 value— Residential inclusive. 1965 est cost of about payable Nov. 30, 1950 to shareholders of record Nov. 17, *. 246 Textiles 1950. from 1952 to 1970 inclusive. Bonds DIVIDEND , 334 Machinery June 15, 1951 on 43,000 3V2S. Due were following Fourth Ouartdr dividends declared <0 contracts, Total Steel 1955 inclusive. to p. 1.48%. Offering 6 for the The 163 Pig Iron 10,500 3s. Due June 15 from 1953 Bank, of Chicago, bids until 7:30 p.m. SECURITIES,INC. . 1167 ? *■ •- 1952. and $170,000 school price a of about basis City 58,h 119 by 1952 to 1965 Fennimore, •V" , 158 Construction School Commission, Quebec Wis. Oct. offered Bond H 198 1162 ;—: Tanning ■ . 1201 1, QUEBEC $26,500 2s. CORRECTION ii 172 MANUFACTURES j * 249 195. Irpn DatedNov, j, 1950. hool bonds bonds Va. Offering—A, rt! 178 Rayon deliveries City Clerk and Auditor, will re- ;|l t252 tl95 Province. McMasterville 1580—were awarded to the Harris 3; 199 of Vancouver. „ for the purchase o£ $95>000 Bond Portsmouth, A Norris Montreal, receive will Treasurer, & VIRGINIA Bond 184 247 Seasonal Variation Legality approved by Boston. 4 j. i; of sealed bids until 11 a.m. (PST) on Rugg, of Boston. •it ■ Toronto; Nesbitt, Thomson & Co., on Ropes, 4;' ■1"# of Montreal; James Rich¬ Corp., WISCONSIN '1 ».* p.«l. & construction^^ rl i Nor- Gundy Bond Sale—The $80,000 school Nov. 9 for the pure ase jnc£us;ve callable after five years bonds offered Oct. 24 were award¬ of $50,000 street datg q{ ^ Principal and ed to Morgan, Kempf & Robert¬ bonds. Dated Oct. 1, 1950. Due , t . (M.N. at the interest (M-N) payable at the son, of Montreal, at a price of on Oct. 1 from 1951 to 1965 inclu¬ County Treasurer's office. 98.52, a net interest cost of about sive. Principal and interest pay¬ 3.65%, as follows: able at the First National Bank (EST) I" _Y „ bids until 7:30 sealed ceive , Treasurer, will re- Village ton, Offering Bond Ralph B 218 1250 1950, and mature on Nov. .1, 1968; Wash. Ibsm~ North Benningtoh, Vt. Wood, Vancouver; Quinlan, Skagit County Union High School County Offering of Western Vernon), VERMONT Bond of Dec. 1, 1955. Le- as bids un-( refunding bonds. ;!J The thereafter Re-|Dawson> of New York City, purchase of $980,000 hospital the 1956 bonds of all Toronto; McMahon and Burns, of Comptroller, | ganty approved by Wood, King & Vancouver; that the Board announces Securities Co.; Dominion Corp.; Bell, Gouinlock & Co., Mohr & Co., of ardson & Sons, of Winnipeg; The bonds are dated Fairclough & Co.; AndersOn & 1, 1950 and mature on Dec. 1 Co.; J. Lf Graham & Co., all of from Offering—C. D. Simmons, Bond Mills, Young, 19' Spr 212 t219 All other & T215 . 'T r\ McLeod, Co.; & 174 Thornton, Dec. University of Texas (P. Austin), Texas ' com¬ Montgomery. of Dallas. nin & Boothman, syndicate a Adjustment 1950T~ Aug. Total was P. Co., of Toronto; Royal Securities Son & Co., of Seattle, Harper & and il: William Francisco, San Co., Le¬ 1950. 1, Robert Hawkins City, York New the to 4y4s, at a price of 2V4s, 3s and t; sold 209 Sept. Nondurable bonds posed of A. E. Ames & Co.; Weir of Co., Lee Higginson Corp., both system sewer was First Southwest IV • of $175,000 Bond Sale—An issue ■ J ,/• .i composed dicate by purchased W Sept. Aug. Durable Minerals awarded to a syn¬ Spence of Estabrook & ing bonds was Texas Piano, electric revenue refund¬ 000 2xk% office. fund sinking 3% of $2,400,- Bond Sale—An issue Orange, or at the production- Seasonal Manufactures— - issue of $6,000,- Bond Sale—An 000 Commis¬ Power (P. O. Victoria), B. C. sion (P. O. 1 Longview), Wash. payable at the First (J-D) National Bank, * District No. Columbia British County Public Utility Cowlitz ;•/ Sept. t211 Industrial • 1949 1950 Total WASHINGTON of the as COLUMBIA BRITISH and 1960, 1, Dec. on thereafter inclusive. Bonds Without Seasonal Variation • 20 years. 1951 and due in from 1 to 4' . INDEXES emplo^^'andf'payrolls; • The l3/4s bonds. and 2X4% is/4% j indexes monthly its 26 Oct. on of Governors of the Board The ipal improvement bonds. New York City. September Business Index Federal Reserve CANADA purchase of $1,575,000 munic¬ the Galloway, & 120 186 140 150 104 57 130 163 285149 218 135 55 56 now* NOTE-r-To convert, coal and miscellaneous.' ln*Federal Reserve Chart indexes Book, multiply coal by .213 and mfscellaneo ,548.