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o2» UNIVERSITY OF MICHIGAN ISSUE MONDAY OCT 16 1950 BUSINESS ADMINISTRATION The Commercial w UBRARY Chronicle Financial Reg. U. S. Pat. Office York, N. Y., Monday, October 16, New Number 4951 Volume 172 Cents Price 90 1950 Copy a i and Investment News General Corporation RAILROAD - PUBLIC UTILITY INDUSTRIAL - INSURANCE - MISCELLANEOUS - Co., Inc.—Sept. Sales Angerman Stores, Inc.—Sales Increased Adam Hat 'Period End. Sept. 172, Mfg. Co., Middletown, O.—Files Aeronca ♦ In This Issue With SEC— New York stock (par (EST) the the will corporation on 86,550 covering Oct. 2 filed a letter of shares of common stock (Inc.)—Assets Rise— American Business Shares A covering the period from Aug. 31, this Fund, of of As 18 Aug. 31, 1950, and 45% stock common Co. Discount American , vately Placed—The company has sold $1,000,000 of 41/2% subordinated debentures to the Jefferson Standard Life Insurance Co. and the Pilot Life Insurance Co., according to Exchange Rates Combined Condition Statement of Federal report last month. a The proceeds added were working capital.—V. to 171, p. 1. Federal order o'f stock. common The interested persons until Oct. 19, 1950 to application.—V. 172, p. 193. has given SEC hearing upon the a request 45 (& Subs.)—Earnings— 1950 1949 $50,000,000 $52,400,000 ' 188,803 176,655 Cr83,831 56,000 Year Ended June 30— sales Net . before Profit Federal taxes income income taxes_^.___ '$104,972 Dividends paid $120,655 92,125 income Net 368,486 ♦Loss. ACQUISITION—Capital investment of $200,000 was made to acquire 50% stock interest in Golden Citrus Juices Inc., which has con¬ structed a modern frozen orange juice concentrate plant at Fullerton, Calif., at a cost of approximately $1,000,000. American Fruit Growers Incorporated has assumed its proportionate share of liability for the remainder of the plant cost by guarantee of notes and current ad¬ vances to the new corporation, totaling approximately $350,000. The aforementioned guarantee was made in August, 1950. American Fruit Growers Inc. is the marketing agent of Golden Citrus Juices Incor¬ . —V. CAPITALIZATION GIVING EFFECT TO NEW production , i i . ^ „ T . . American Investment Co. of 6 Mos. End. June income, Int. etc., 1950 30— from for inc. ' - $7,417,735 $5,271,311 $4,299,588 3,920.413 2,798,521 547,160 401,562 2,469,707 229,658 1,433,108 1,083,456 781,738 * $2,195,561 profit Net $1,860,668 1,362,791 $1.49 1,188,757 $1.38 $1,289,491 1,092,134 $1.07 shares outstdg. Earnings per —V. 172, p. com. share $1,016,499 1,006,268 $0.35 Indianapolis, Ind.—Files With SEC with the SEC covering 3,000 shares of 5% cumulative preferred stock to be offered at par IS100 per sharei, plus accrued interest through Cities Securities Corp., Indianapolis, Ind. The proceeds are to be used for working on Oct. 2 filed a letter of notification capital. American Motorists Insurance The of transferable record July 26 Co.—Rights Expire— subscription warrants entitling the purchase 100,000 shares of capital to common stock is to be requested in under consideration to complete the Appliances, Inc., Mr, Emanuel added. Oct. 10 announced that the Old for due Bonds— Aroostook RR.—Exchange of the consolidated refunding mortgage 4% bonds due notified that they may surrender their bonds to the Colony Trust Co., 45 Milk Street, Boston, Mass., in exchange a like principal amount of definitive first mortgage 4V2% bonds 1976, issuable pursuant to bond modification plan.—V. 172, of holders The 1951 been have 1230. p. Period End. Sept. Corp.—Earnings30— sales 1950—3 Mos.—1949 1950—9 Mos.—1949 $9,208,003 $6,909,584 $22,689,296 $19,933,884 profit after taxes Com. shares -outstanding 227,026 600,146 share- 951,741 $1.61 Net 'Earns, per 'After com. 356,400 $0.57 $2.46 dividend requirements.—V. 170, p. 1798. preferred (A. S.) Airlines, Overseas American Inc.—Consolidation Ef¬ 'Sales 356.400 356,400 633,912 356,400 $1.57 Beck Shoe Corp.—Sales Up 6.3%— 1950—5 Weeks—1949 1950—39 Weeks—1949 $4,413,322 $4,153,203 $29,679,806 $28,954,645 the Adler Corp. are not included.—V. 172, p. 1030. American Pan See —V. 172, p. World Airways, Inc. on a subsequent page. Delaware—Bonds Placed Privately—This corporation, it was announced on Oct. 11 placed privately with Massachusetts Mutual Life Insurance Co. $600,000 of 10-year 4% first mortgage bonds. The American Securities Corp. acted as agent in this on Oct. 3 voted to authorize a change in the stock of the company, increasing the total authorized number of common stock to a total of 1,000,000 at a par value of $4 per share. The 89,880 outstanding shares of common stock now held will be exchanged at four for one. The restated certificate of incorporation was filed and became effective on Oct. 5, 1950. The company's transfer agent, Bank of the Manhattan Co., 40 Wall capital of St., transaction Hedges—Split Up Authorized— stockholders The Seal-Kap Corp. of of Benson & 1029. American —- — 'Sales fective— shares New the numbers manufactures various types dairy industry.—V. 171, p. 845. corporation The usual The 16) (Oct. such & Telegraph to stockholders stock at par York, N. will issue certificates representing appropriate stock (par $4), upon surrender representing shares of the former value).—V. 172, p. 570. common the vote company.—V. American the stock of (no certificates par St. Louis Listed and Co.—Plans to Dissolve— will Yarn & Oct. 164, p. 20 on a Unlisted Securities Edward D. Jones & proposal to liquidate and Processing Co.—Notes Placed proceeds are to be used to pay for additions company's properties.—V. 166, p. 562. Co. Established 1871 1862. 300 North 4th Pri¬ vately—The company has sold $600,000 additional 3V2% notes due serially to July 1, 1956, to the Provident Mu¬ tual Life Insurance Co., it was announced last month. The of shares of the new common cancellation Co.—Dividend— quarterly dividend of $2.25 per share is being paid today 975,000 stockholders. This is the 30th year in which has been paid. About 200,000 checks will go to Bell stockholders dissolve to for employees.—V. 172, p. 1129. System The of caps and hoods for dividend a American Wine company now Home to increase the Emanuel, Chair¬ Period End. Sept. 30— American Telephone 1341. American Loan Co., The 172, Net 400,000 shs. 400,000 shs. During the period beginning at the expiration of the warrants and expiring May 11, 1951, the company will offer at a price of $5 per share such of the additional shares as were not purchased pursuant to the exercise of warrants to such parties as the directors shall determine. Such parties may include among others, officers, directors, employees, or stockholders of the company.—V. 172, p. 745. —.— (est.) Minority interest Common Capitalization 583,723 6,038 tax. exchange for securities Nov. vote plans Barker Bros. Outstanding has Illinois (& Subs.)—Earns. 1949 1948 1947 4,268,194 633,740 Expenses, cxcl. interest. Interest expense Prov. its Processed $8,530,603 receiv. notes through issued in 2094. Inc.—Assets Up 103%— net assets of the Fund, 011 Sept. 30, 1950, stood at $14,613,815, compared with $7,169,462^ on Jan. 1, 1950, an increase of 103%. During the same period the net asset value of the shares rose from $14.98 to $16.68, a gain of 11%.—V. 172, pp. 193 and 474;; V. 172, p. 193 and 474. (par $5) stock Capital will of Bendix p. 1342. The directors on FINANCING Authorized be Axe-Houghton Fund B, a porated and will sell the entire Foods Division.—V. 167, p. 1141. with acquisition the laws of the under organized companies will announced on Oct. 10. of additional Bangor & insurance State of Illinois. stock Authciization on casualty 15 will vote on approving a proposal to of $2,500,000 4 »/2 % convertible preferred increase the authorized common stock by Manufacturing Corp.—To Increase connection per expired for American Fruit Growers, Inc. shares. preferred stockholders man, share) in the ratio of one share for each three shares held, Sept. 25, 1950. No fractional shares were issued or sold. The net proceeds are to be used for general corporate purposes and it is expected that in due course a part or all of such proceeds will be Invested by the company in investments, qualified as legal ($5 to 14, on a proposal authorized number of shares of common stock, Victor held by the Office the application, American has outstanding 131,000 shares of the participating preferred stock together with 30,000 shares to According Increase issue and $20) new Avco to the SEC for an of its participating corporation on Oct. 5 made application permitting its acquisition of 2,000 shares preefrred stock, at a price of $2 per share net, now of Alien Propelty, Department of Justice. To company's affiliates.—V. 170, p. The 45 System Reserve — to file a anticipates 13, 1950. Nov. on authorized an (par the of Shares— This stockholders The create Banks of Condition Statement of Member America of Co. Canteen Automatic 45 Reserve Banks Acquire Electric Securities Corp.—Seeks to American bonds, Capitalization— Investment News__Cover Foreign Bond Financing— is planning to refund its $18,400,000 first mortgage due in 1964, with a new issue of like amount with probable maturity date of 1980. The company expects registration statement with the SEC later this month and calling for competitive bids for the new issue on Nov. —V. 172, p. 934. 49 The Course of Bank Clearings 42 Redemption Calls and Sinking Fund Notices._45 Dividends Declared and Payable 10 Georgia—Debentures Pri¬ of 1665. company 3Va% City Bond Offerings State and per annum) Atlantic City Electric Co.—Plans The Miscellaneous Features General Corporation & holds funds to pay the semi-annual due Oct. 1, 1950 on the above it that notice described debentures.—V. 171, p. The of the company's net assets were invested in bonds and cash.—V. 172, p. 1341. 55% sum gives (at the rate of 5% interest York, 11 Broad Street, interest). bank 125,000 increased from 8 cents in income the accrued The it to sale serial debenture# will up to 12 noon on Oct. 31, 1950 receive tender# of 8% gold debentures to an amount sufficient to of $11,941 at prices not exceeding par (exclusive York, N. Y., exhaust of National Bank of the City of New Chase the for outstanding 3% 2l25. Corp.—Tenders— Asuncion Port Concession stock cents to 1941 from and dividends in 1949. gains capital proceeds were used to retire bank loans.—V. 170, p. The New Aug. 31, 1950, reveals an increase in per-share net asset from $2.78 to $3,99. During the period 98 cents was paid in value of 3*4% secured notes, 1957. and to repay to 1940 in record ten-year due ..36 37 Toronto Stock Exchange 38 Toronto Stock Exchange—Curb Section 40 Over-the-Counter Markets 41 Transactions New York Stock Exchange 32 Transactions New York Curb Exchange 32 Dow-Jones Stock and Bond Averages 31 National Quotation Industrial Stock Averages_31 notification with the to be offered at par per share), without underwriting. Of these shares, 76,300 are lor company's account, 6,000 for Schuck Mfg. Co., Inc. and 4,250 for account of Arthur G. Holmes. The proceeds to the company be used to purchase additional machinery.—V. 171, p. 1141. "The ($1 a.m. Angeles, Calif.—Files— Alumitape Sales Corp., Los SEC Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange San Francisco Stock Exchange Montreal Stock Exchange Montreal Curb Exchange $5,796,797 corporation Placed Privately—The placed privately $4,000,000 33 34 35 35 35 Stock Exchange Midwest Stock Exchange Los Angeles Oct. 18—V. 172, p. 1229. V on Exchange Stock Detroit Suite pany's service company, Southern Services, Inc., 2000, 20 Pine St., New York 5, N. Y., up to 11 Exchange Cincinnati Stock Exchange will be received by the com¬ purchase of these shares Stock 1950—8 Mos.—1949 $5,463,891 1229. p. has 11 23 27 32 32 32 (Stocks) (Bonds) York Curb Exchange Boston scheduled been Stock Exchange New has been advanced one week. It had originally for Oct. 24. Written proposals for the $100) Stock Exchange New York sale of 100,000 shares of preferred of proposed 172, The Co.—Stock Sale Advanced—The date Alabama Power Quotations Page working capital.—V. 171, p. 2509. for —V. Argus, Inc.—Notes Stock and Bond corporation on Oct. 2 filed a letter of notification with the SEC covering $50,000 of 4% convertible promissory notes and 50,000 shares of common stock (latter to be reserved for conversion of notes on the basis of one share of stock for each $1 unit of notes). The notes will be offered at $2.12'/2 per $1 unit of notes. The proceeds are to be used The $766,274 $797,761 Sales 1129. p. Increased 4.1%— 1950—Month—1949 ' Period End. Sept. 30— 1950—Month—1949 1950—9 Mos.—1949 $1,413,750 $1,389,347 $11,293,675 $11,416,143 30— Sales —V. 1.7%— and improvements St., St. Louis 2, Missouri Members York Stock Exchange Midwest Stock Exchange New Board of Trade York Curb Exchange (Associate) Chicago New Phone CEntral 7600 Bell Teletype SL 593 2 The Commercial and Financial Chronicle <1434) JBferland Shoe Stores, Inc.—Plans Stock Dividend— The will stockholders •f $20 from 17 Oct. vote authorizing on shares 150,000 preferred stock and on increasing the authorized common 100,000 to 240,000 shares. If approved, the directors plan to par share for each dividend of one preferred and one common •hare of common now held.—V. 162, p. 188. declare a & PROCEEDS—The plan The next, $2,000,2AU% bonds, 15, 1076. at 100 and interest. Payment will be Ycrk transfer office of the corporation at 25 Th*e corporation has called for redemption on Nov. 15, of its consol'dated mortgage 30-year sinking fund D0g scales J, tnade .at due Nov. the New Broadway, York, New letter 2,533 notification of of shares 378. p. Corp.—Filing With SEC— Blue Ridge A 172, Y.—V, N. stock common $7,950,000 hopper be will used and 550 $10,000,000. about The certificates to help 50-ton cars will ICC for authority to issue Proceeds from sale of the the purchase of 1,350 70-ton 4 be finance box which cars, dated Nov. expected are to of contract, a shares at from the the of 1950, and will mature in 30 semi-annual instalments of $285,000 each, beginning May 15, 1951. Competitive bids will be asked to determine the dividend rate. —V. 172, p. 1231. 15, sale Chicago, Milwaukee, St. Paul clare Initial Common 'See bank Jf the Co. additional 1950—Monlh—1949 1950—9 Mos.—1949 $8,316,902 $9,799,936 $51,126,035 $58,805,076 Period End. Srpt. 30-- CaJeg —V. 172, 1030. p. ? turnings $802,757 $2.90 $2.96 $2.33 $3.88 345,000 shares. certificates included in 1950. Total current •ssets- amounted to $6,165,382, while current liabilities amounted to #805,181 or a current ratio of 7.7 to 1. The net current assets, or working capital, as of June 30, 1950 amounted to $5,36C,200 or $15.54 per share compared with $4,465,484 or $12.94 per share a year ago. Total net assets as of June 10, 1950 were $7,331,032 or a book value of $21.25 per share compared with $6,465,447 or $18.74 per •hare on June 30, 1949.—V, 170, p. 1695. NOTE—Cash current and hand on totaled assets U. Treasury S. $3,376,138 Dec. 9, Delayed— Boston & Providence RR. Corp.—Hearing Interstate definitely EE. on to was requested by Providence road.—V. a Boston 171, and committee stockholders' postponement in¬ postponed had hearing The Providence EE. & 11 Oct. on of the New York, New Haven outstanding securities of the been set for Oct. 18. The an application purchase all the hearing a Hartford Sc Boston Commission Commerce the of 1562. p. out stockholders The the by ol record of 30 distribution of held, shares Cents record dividend 31.—V. Aug. 172, City Stores Vieh The stockholders #1*000,000. in notes Oct. on The will vote 31 indebtedness short-term to banks.—V. payable payable Net profit The Ended a 1950 p. 2194. 30, 171, proposal to increase the to $1,750,000 from had outstanding $500,000 172, in Detroit. Louis, St. Orders material, it W. •' *■£, ni' v.. Owens-Illinois Clinton Total sales__' division raw the Federal The 1 ■ ■■ ■ The Sept. he C. N. the white company Oct. on filed 2 letter of a (non-voting) without underwriting. one share for each five shares held, •re • Carolina Power & Light Co.—Plans Financing— It reported on Oct. 3 It' is ■the an this company will be in the that in was December, understood company's with that the construction offering proceeds of from this 171, program.—V. in $15,000,000 will 2300. be sale p. market, bonds. used for new —V. ities valued •mount, amortized "With outstanding The asset 1950 $11.88 a coverage per (excluding #4J578. stock common with compared was share on June Interest 1950. financing costs) Sept. 30, on amounted to requirements on debentures out-4.36 times. Net income applicable to common •tack for the nine months ended Sept. 30, 1950 (exclusive of profits on sales of securities) was $231,322, compared with $187,770 for the •tending mine were months and 30, $1,000 of debentures outstanding unamortized debenture un¬ These compared June 30, 1950. Net asset a share on Sept. 30, 1950, $84,990). of $12.94 on (excluding $9,131,661 were costs financing assets of $8,535,619 net the of debentures, debenture total value corporation at Sept.. 30, 1950, with secur¬ quotations and before deduction of principal market at of amortization earned ended Sept. 1949, 30, an of able adapter the to that means be adapter, an to of increase 28.19%.—V. Colony Trust Co., trustee, 45 Milk from is $25 to 31, thereafter l reduces lines 405 $50, PEOCEEDS—The the sale the of working net the 306 % * Boston, Mass., exhaust and accrued the interest sum to of Oct. $117,186 20, at 1950.—V. - prices 172, p. not to capital and NEW Jan. offered used pany's equity capital funds To that end for DEBENTUEE capital should through the the 1230. reported Oct. 11. that this is planning to issue •nd sell in November $1.0,000,000 of new bonds, the proceeds of which 9x6 to be used for its construction program.—V. 172, p. 379. on The approval on owhers see of days' the of some color price system high as $51.50 per being and being to be received are to become general by part corporate OFFEEING—This place sale of EFFECT company 1, 1959 TO 1951 per the of value) Class A Common stock com. stock (no BUSINESS—The for the other business par par share 1950—Month—1949 $927,592 $705,639 1950—7 Mos.—1949 $5,083,023 $5,052,330 —J. 171, p. 947. of 'Chase Candy Co.—Stock Publicly Offered—F. S. Yantis & Co., Inc., on Oct. '6 publicly offered 134,416 shares stock (par $1) at $2.75 per share. These were the unsubscribed portion of the 147,861 shares offered to stockholders (other than F. S. Yanfis & Co., Inc.) for subscription at $2.50 per share between J3ept* 25 and Oct. 2, and represent part of a block of 200,000 shares common net assets of 25c and share on of : for the Manhattan Co., con¬ Ralph H. , agent the & Trust financing, ' clearing as Bank City Co., of York, New Manufacturers Chase Co., credit, Bankers National Guaranty Trust Co., Trust J. P. Co. Bank, of Morgan & New Co. Retail Stores, Inc.—Sept. Sales Off— 1950—Month—1949 1950—9 Mos.—1949 $2,915,320 $20,521,241 $22,629,505 PEESENT the Natural $0.52 filed 4 registration a with statement SEC the its outstanding common stock, $1 par value." for public sale by the present holders proceeds are to the of Co., & Detroit, of offering corporation in The by the company. principal under¬ be received named is the as underwriting and price terms are be to 98,000 exchange, stock Calif.—Files— Oct. 3 filed a letter of notification with the shares of common stock (par 25 Cents) to be on on basis, for 98,000 shares, California corporation, share for share of Artist Records, a (par 31) notification of proceeds a filed was the with SEC Oct. on 2 covering to be offered at $4.50 per share $5) (par to go to Robert C. Caldwell, arc 172, p. announced is due record Oct. director, the selling a 194. City, Mo.—Stockholders Sub¬ rights Subscription underwritten, Oct. dealer in Roger W. 1, 6,250 to convertible debenture stockholders of common be on notes Sept. in The 1950. 30, paid. They will treasury notes not were were issued as probably be sold of and family are said to to be the largest stockholders. the stockholders approved the proposal to authorize of 4!/a'7 convertible debenture notes due Oct. authorized reserved additional 400 000 shares of common stock an conversion for of the notes the on basis of 24 shares 944 shs. 108,060 shs. to $850,000 of stock 11.940 shs. 4Va% of block. one Babson and 1962, of 10,000 shs. $300,000 commissions no $80,000 Aug. 21, last, issue an $300,000 expired and The 1950. 1, some Outstanding the which were offered 1950, at par and interest, $220,000 principal amount taken by stockholders and friends, leaving $80,000 in the treasury. was FINANCING of that 1962, 1, 31, Aug. The over $20,000,000, it is Corp. — Stock share, 28,800 additu^il^ shares of common" stock (par $5) on the basis of -one share for each 8%' shares held. Rights will expire at 3 -pan., (EST)' on Oct; 16. The offering has been underwritten by Scott & $60 any the at $60, entitle from this , the prevailing. each for said attached, In no event shall- $60 par warrant value being of notes exercisable to and including Oct. 1, 1962, provided that' increased an additional $150,000 only upon the notes outstanding. the the of The warrant rights would purchase warrant to authorized common share. per Rockland-Atlas of shares 24 be up of holder $2.50 at National Bank of Boston, Boston, Mass., i3 the notes. rBnior to the sbhres shall be 60% than less 1952, may of trustee, for >1 ♦ . 1, issue approval errtitl(e to warrant Oct. and may him which $1,000, be offered titling purchase at conversion price then to and $500 said premium decreasing % of 1% each year to and 1. 1961. In the event of redemption before maturity use, at their option, transferrable warrants en¬ Oct. note-holders it $100, year. with date, including of this year, and not more than $300,000 in They may be called for payment after Oct. 1, redemption price not to exceed 105 and accrued interest following 1952, to notes. of denominations in are only $300,000 will an¬ Offering each for notes stocks Gas $0.76 Crown Drug Co., Kansas Its now 1,701,005 $0.12 scribe for $220,000 of Convertible Debenture Notes— com¬ 120,000 shs. are $58,693,391 2,513,667 offered be public stockholder.—V. is engaged in the business of providing operations of manufacturers, distributors and company 1950—9 Mos.—1949 381,591 by letter 111. from 12,000 shs. value) Subs.)—Earnings— $15,043,389 $68,085,070 $0.35 Oct. to none covering It in (& 1950—3 Mos.—1949 company's Underwritten—The company is offering to its common stockholders Of record Oct. 6, • 195t); for subscription at* per 14' same' of Aug, common purposes. increase is The The $10.25 the through David A. Noyes & Co. and Swift, Henke & Co., both of Chicago, on 172,. p. 934. Commonwealth i Bank are: 1,000 shares of common stock company this with Cribben & Sexton Co., Chicago, 111.—Files— Commonwealth Investm't Co.—Assets Over $20,000,000 The long-term of Cormac Records, Inc., Santa Ana, financing activities fall into five principal classifications; Accounts receivable, installment contracts, warehouse receipt loans, chattel mortgages and miscellaneous loans. The company has three wholly-owned subsidiaries, viz: Commercial Discount Corp. (Ind.); New York Commercial Discount Corp. iNew York); and J. W. Donald Co. (Del.)—V. 172, p. 1343. nounced.—V. of group a 194. Simonds The on 13,500 shs. __ value) current with credit 16, amendment. 31, .1950, there were 600,000. common shares outstanding. The company is said to be one of the largest producers of com¬ pressor and condensing refrigeration units for commercial use in the United States.—V. 171, p. 1459. in 2,000 shs. (no concerns. Nego¬ — and company the 6,250 Pfd. par act share__ p. supplied $100. as reduced $50 $300,000 ($50 par value) ($100 , Co., Corn Exchange Bank Trust Co., The First- July 31— stock Baker, it in a position to raise further additional subordinated debentures. $3.50 prior pfd. stock stock Co., 1343. p. 1,139,316 per writer. 7,000,000 telecasts Columbia the notice at 1958, 1, 31, due Dec. payable, the Oct. , Hanover Trust corporation The 'Chanslor & Lyon-Palace Corp.—Sales Increased— Period End. July 31— Bales participating of York, Inc. $50,000,000 a anticipation Bank 172, will run until October 1951. in connection with the company's made & Trust Copeland Refrigeration Corp.—Registers With SEC— de¬ is presently GIVING B due Oct. ser. effective date in Central New placed were & V. See series bonds, 91 Bank credit be Bank 172, On debs., funds • was This television $150,000. CAPITALIZATION Oct. protect to negotiating with the holder of the outstanding 5c debentures, series B, for the sale of a new series of subordinated debentures in the approximate principal sum of company of $27,449,455 notes PLANS exceed Central Power & Light Co.—Plans Financing— It tentative converters redemption proceeds shares of National 20. The cost of adapters has been and 30 on to mortgage issue 172, p. 934. —V. A 1952, the .sever¬ Loans— $2,853,851 SEC redeemable Dec. Jan. Note Street, Wijl until noon of Oct. 17, 1950 receive tenders for sale to it of first and jjenerai mortgage series L 3 \'z % bonds due Oct. 1, 1970, to an amount to this Nov. on the of Authorized Old authorized and after said date and if the redemption at any time is by use of sinking fund moneys; ih each case plus accrued and unpaid dividends. The prior preferred stock may also be purchased by the company. 170, Central Maine Power Co.—Tenders— sufficient 11 in color without an adapter the picture definition from or produces the color effect. stock before 5% The most method p.* 1492. • Oct. on opposition Columbia not The Co. that hew income Net 2,630 shares of $3,50 prior preferred stock at par This On Sales ($50 per share)* each this of assets net Authorized to — 172, p. 934. fered or Carriers & General Corp.—Net Assets Show Gain— Total System, Inc. system will have Sold Privately— 2%% our Haril'ord $90,000,000, The Sales offered '] , CBS they 10 announced that it has made arrangements Oct. on Irving Trust :As lines 525 at Edison Consolidated Commercial Discount Corp. (Del.), Chicago, 111.—Stock Offered—Julien Collins & Co. on Sept. 28 publicly of¬ * probably current converter estimated The proceeds to increase capital stock and surplus. converter. a the the without which Inc., New York Trust Co., and United States Trust Co.—V. 171, p. 2607, months." of the in Continental Motors Corp. concerted receivers the notification with the SEC common stock (par $1), to be offered to present stockholders at $2 per share on the basis of .The York, color black series and 8.640 general will Co., National President of CBS. raid that his firm jvould start, 20 hours a week within two months, and that confident receivers to pick up the telecasts would be available and and program, Chemical Stanton, few a and —Files With SEC— covering 50,000 shares of class B of banks Other thereof, was first with banks. expires. Trust 1 Frank broadcasting Approval Burlington, Co., Insurance at given underwriters several ——~— (mentioned covering 150,000 shares of had FCC the of 175-acre tract adjoining the Wickwire Buffalo, N. Y., to provide for future Commission, which split 5-to-2 on the decision, acted buyers against sets that might become outdated. the other of a future television Casualty this par, $100 per share, with an additional 40,000 shares at par. Communications Commission overrode 268,800 shs. bonds 8,640 Inc. Tapscott, President, said. National City Bank will Co., Toledo, Ohio, 10,000 convertible preferred stock corporation to begin commercial color television operations The but 11,520 of 101 Vu at York Earned tScott-Burr Stores Co.—V. 172, p. 570. •Bjutler Brothers. Privately—Charles 1231. p $4,900,000, names Period End. Sept. 30— plant 172, at at an has purchased company 230,000 limit. fixed 1980 1, credit a New group Start Color Television Operations— "in ^-Carolina Inc. Foods purchase p. 662. Columbia Broadcasting $13,053,106 $13,441,538 $87,928,230 $92,904,683 _ Glass 350.000 230,000 500,000 shs. closed is Mason, corporation The of the Executive Committee cumulative 4%% of & Consolidated will that Outstanding $350,000 value tiates $90,000,000 Bank corporation has sold for investment to Wm. E. Levis, the FINANCING $4,900,000 Hartford, Conn., and three insurance companies. industvy. — t-T> Oct. privately 1950. 16, PRESENT 1343. p. Period End. 1950—Month—1949 1950—9'Mos.—1949 $10,662,820 $11,440,190 $70,130,724 $76,284,132 2,390,286 2,001,348 17,797,506 16,620,551 -W. .' ' Oct. series $10,000,000 due the exchange of 10 announced TO Strudwick & 172, —V. JButler Brothers (& Subs.)—September Sales—•• tRetail sales Oct, on sought series Connecticut Power Co.—Bonds to receive of date Placed be * par without Borrowings Inc.—Stock Foods Metcalf, President, cision Period End. Sept. 30— ♦Wholesale sales— offers company's EFFECT 3 V2 % 1952-1953 due $5 Horner —V. Colorado Fuel & Iron Corp.—Plans Expansion— manufacturing plants Ark., Philadelphia and supplies of should insure peak operation for ending Nov. 30.—V. 172, p. 281. year will offers, present expiration previous line system. will Stringfellow struction $2.30 111., Carlisle, and currently available indicated, the fiscal tremainder of at Cairo, hand on was production full Scott, 1949 $2.90 & Anderson 1343. p. expansion.—V. 1950 — reported Scott for the the its pipe Shares paid 1950. that beyond Clinton The 31— share per company located Aug. 1, added extended Spencer Months Nov. exchange through raised its proposed additional capital at the time. respective number of shares of common stock ally agreed to puichase, are as follows: on the funds 1052-1955__ due initial The under together 1970 notes stock, issuable F, President, stock common option to —V. 172, Burkart Manufacturing Co.—Earnings- <r(F.) 3 Schwartz, GIVING UNDERWRITERS—The 1950. Dividend—Not 30-Cent the required, bends, 1, note term The ar,e the company of at June company on 1, be to were serial alter line June Common that action on 1950, and Schwartz be of Bruce Co.—Plans Increase in Debt— authorized J. Co. shares 2606. p. dividends the pipe due 3)4'if had share per close of business Dec. that stated industrialist and Chairman (Ohio)—Change in Name— 172, below.—V. Co. (E. L.) 3% 1950. $2 been paid, at the record also Co.—Declares Stores dividend of See 1, Committee of Oct. 10 announced that the directois have declared a regular quarterly dividend of 30 cents per share on the common stock, payable Nov. 1, 1950, to holders of record Oct. 19, 1950. He pointed out that the effect of this will be that stockholders of Oppenheim, Collins & Co., Inc. and of Franklin Simon & Co., Inc., who exchange their holdings for shares of City —V. 662. Brodhead-Garrett Co. Nov. Finance dividend mtge. A, stock a was p. holders of additional to purchase the The net proceeds with the proceeds Authorized 1st Extend Exchange Offer— recommended as paid Sept. 15 to stockholders of Sept. 1. The company also paid a regular cash dividend of per share, and an extra 30 cents on Sept. 15 to holders The directors. •f three each for the approval 24 Aug. on shares two the initial the common stock, and that immediately on earnings prior to Mr. dividend business of that an preferred stock had announcement of not 66%% Stock Dividend— close that 2,500 offered share. notes will be used to pay the the additional Portsmouth stock. each of the dividends to be paid out of the 1950 earnings would be taken after the results for that year had been determined.—V. 172, p. 1343. 4 Bristol Brass Corp.—Pays the on 1950 to The Herbert The board paid the at announced the and dividend record also to 8,938 shares of the share. It also has the on share in respect per making up the full $5 per share in respect of each of ihe years J947, 1948 and 1949, the common stock would be eligible foi a dividend, and a special meeting of the directors would be called to .consider the question of declaring a dividend of $2 per share on the common stock, payable 30, June on of directors declared the $1,022,985 'Based on taxes. 1847 • $1,001,803 $1,339,959 per share be 1948 1949 I960 ; charges and •After certificates The Years End. June 30— dividend additional an has per stock, through methods to be determined 1947 and 1948, and $1.75 per share for the year 1949, total of $3.75 payable Nov. 20, 1950 to holders'of voting a recommended ;<George W.) Borg Corp.—Earnings- declared 10 a Arrearages— years making trust Oct. on preferred stock amounting to $1 A the r ♦Net earnings directors series of of term purchase that are CAPITALIZATION The Decreased 15.1%— JBond Stores, Inc.—Sept. Sales part a per to purchase share, and price adequate to complete funds is below.) believes be of $42 same new and acquired price a additional proposed stock of a controlling engaged in the local dis¬ company, with funds obtained company conditions, per Gas company at the loan Portsmouth The Pacific RR.—To De¬ & Dividend—Clears price of company's temporary the company has recently certain to same additional by a Commonwealth loan, remaining 2C2 shares at cost Co. Portsmouth subject the Gas bank of stock the of acquisition The gas. temporary a common, applied to the trust certificates. Oct. on equipment of certificates 4 covering to be offered at the market & Light Co.—V. 171, p. 1354. $1' ipat for the account of American Cities Power company by issuance the Portsmouth in financings v/ill the SEC on Oct. with filed was finance to interest tribution Redemption— Monday, October 16', 1950 . . Stringfellow, Anderson & Strudwick and Scott, Horner Mason, Inc. \ purchased from the company by the underwriter, on June 29, 1949, at $2.50 per share, the proceeds of which were used by the company to increase its working capi¬ tal. See also V. 172, p. 1230. Chesapeake & Ohio Ry.—To Issue Equipments— Bethlehem Steel Corp.—Partial . there were outstanding 516,351 abovementioned offering, common stock (par 25 out of cents.) an authorized issue of " shares. «G4,812 " ' _ wincing of indebtedness. The . the sale of the debenture issue are to be added to capital and will be used for the purpose of retiring present proceeds Crown ' Drug Co., ' organized ' in Delaware on June 8, 1934, T "1*;^ Cft. .•■•'.t'-.-rfw'S'flft'.1., r»i ■ of chain a Missouri, (Wiv Number 4951 Volume 172 operates IV' Kansas drug 33 J'B' ii . stores 5 \ in : COMPARATIVE ' 9 Mos. End. Year End. June 30,'50 Wet Sept. 30,'49 $10,019,016 $13,734,328 sales *100,992 Operating revenue Other revenue.. $667,114 $580,234 $4,463,655 operating expenses. 534,619 585,142 3,657,369 rev. ry. 132,495 *24,908 806.286 131,912 Net ry. 62,638 *65,288 410,783 *209,433 opers. income oper. tCorrected figures.—V. ♦Deficit. *$78,522 on Federal income $29,400 12,640 Total Interest 12,893 payable notes •" State income Net taxes!' 4,000 . declared Earnings $11,957 *$55,162 income Dividends 550 Cr36,000 taxes ♦Loss. Sales Net SHEET BALANCE p. —V. accounts receivable (net>__. 28,633 accounts receivable (neti__ 52,707 Prepaid income 36.000 taxes 123,383 8,672 875,885 164,871 86.915 assets Land, 1,417,169 1 expenses Other buildings, Leasehold Total (net) equipment, etc. improvements (not) __; The payable $50,624,338 from $28.87 rose September, 1950.—V. bank to RFC Accrued payroll the at Accrued taxes Estimated Capital surplus Earned assets close 60,926 831,435 ._. 1,041,253 $2,875,984 571. p. corporation Oct. on filed 9 Y. City—Files With SEC— letter a covering $200,000 of 5% subordinated debentures due 1980 to be offered through Hodson & Co., Inc.. New York. The proceeds are to be used to reduce debt, for expansion and for general corporate 172, 1343. p. Deere :___ Sales 973,552 $273,478,671 of sold-- goods $274,001,626 160,430,716 176,057,047 24,150,040 Total Cost 933,571 21,531,088 (net) Int., divs., and miscell. other income _______ Shipping, selling, and administrative expenses Prov. for cash and volume discounts, returns receivables-- 27,243,409 26,231,289 Fed., Dominion and state inc. taxes 29,050.000 for Interest 720,997 $28,108,441 80,377,393 89,062,289 doubtful and miscell. and ___ surplus at beginning of year Total surplus O. 1,320,150 N. B. —V, 171, 2399. p. Stores, Inc. income (& 172, 1950 1949 Street, that ferry service between York, N. Y., will cease at New Name for Oct. Consolidated Gas Co.—Plans Financing in 12 asked were debentures at to sale by the com¬ approve special a stockholders' meeting 19. transaction Public of Oct. on will be Utility subject approval to the of New Bankers to pay Trust York.—V. New of used $103,337 171, Oct. on 2 outstanding- 280,204 272,864 $0.41 $0.37 $0.85 after after $112,338 $943,568 Nil $0.24 $2.05 172, $415,000.—V. of p. 1344. Eversharp, Inc.—Earnings— Months Ended Aug, 6 1950 after income Net per income $7,570,709 $1.14 taxes —______ outstanding shares 1949 $9,279,451 1,106,319 941,689 $0.93 31— Sales ♦Earnings share common expansion company's bank 1130. be ported late last month that this company has for was the The will proceeds sold $6,000,- program.—V. 172, p. Finch rill Co. 1232. Sept. 25 publicly of¬ (par $1) at $3 per C. G. McDonald & Co., Detroit, on fered 100.000 shares of common stock share. net company's hardware builders' also sales for Net profit amounted $1,804,286, to used be to pay for expansion facilities. the for months five For CAPITALIZATION to the and year Michigan on Feb. 20, casement window and door in of 1950 ended profit was net GIVING EFFECT were $1,010,351, and net net Dec. 31, 1949, $131,825. NEW TO sales FINANCING Trust Co., the of cum. Common pi'd. stk. (310 par value) conv. stock ($1 of City added the to the use valuei $1,638,119 Sales —V. 172, conversion of the 14.8% Higher— $1,426,733 1950—9 Mos.—1949 $2,667,221 $3,103,160 Drayer-Hanson, Inc., Los Angeles, Calif.—Files— Oct. 3 filed a letter of notification with the BEC covering 255.033 shares of common stock to be offered to present stockholders at par (40 cents per shaie), without underwriting. The corporation proceeds are capital—V. to 172, on be p. used 663. to common will , underwritten by be Graham, Ross & Co., share. per also voted to grant at shares 10,000 M. C. $1.75 a President, Bower, 87V2 and share to 10.9%— 1950—9 Mos.—1949 $6,494,005 1950—Month—1949 $6,718,556 $825,025 1031. p. Corp.—Registrar Appointed— Florida Power Bank Fanners Trust Co., New York, N. Y., has registrar for 40,000 shares of cumulative preferred series. For offering, see V. 172, p. 1344. City been stock, * Ltd.—Partial Redemption— Frazer Cos., will redeem 10,000 shares of its 4%%, $100 preferred stock on Nov. 15, 1950, at $102 per share accrued and unpaid, dividend amounting to 60 cents. This company cumulative There an cents per share further option run for 3 years a 250. 168, p. $914,857 The authorized 50,000 are outstanding and of the company at $102 per share purposes, - in each case plus the sinking fund 168, p. 2684. option par, plus : shares, redeemable at $100 per share accrued dividends.— or Express Growers Sale—The com¬ Co.—Private in September sold privately $10,245,000 of 2.85% equipment trust certificates, series N, dated Sept. 15, 1950.—V. 172, p. 1136. pany (Julius) Garfinckel & Co., Subsidiaries)—Earnings— loans normal tax, pay creditors' claims and for working dividends if and offices or businesses. in 1927, is a holding engaged in three distinct types of the finance business and related activities, namely, loans under small loan laws, discount leans and sales financing. The company, out of its own capital or borrowings, provides its subsidiaries with the money necessary to permit them to conduct their respective businesses. The company believes that it is the fifth largest company operating principally in the small loan field. Through subsidiaries the company operates 153 finance offices in cities corporation, subsidiaries of which in 23 incorporated are states, 171, EFFECT TO due April 1, notes, Outstanding t4'/2 % Common stock *206,045 (par shares 5,800,000 150,000 shs. *2,000,000 shs. $li of authorized but unissued common 5.800,000 share 1,662,411 depreciation, interest, taxes, dividends.—V. stock were re¬ 1956. SHORT-TERM BORROWINGS—As of Sept. report 172, this of p. loss 011 , 1,662,396 $0.71 $0.72 exchange, etc. tAfter 936. company, Frank Inc.—Assets Up— Altschul, Chairman, and after deducting $6,200,000 preferred stock, share of common stock 011 the 1.673,118 assets, $23.29 state After $45,169,650, were Net to Pi csident, Linder, F. assets per were equal shares out¬ compared with $20.87 on June 30, 1950, and $19.85 on Dec. 31, 1949, on 1,662,278 shares outstanding. If all outstanding warrants entitling holders to subscribe to common stock had been standing, as exercised, been have the $23 resulting net asset value as of per share on 1,800,220 shares. Sept. 30, 1950 would from the sale of securities for the nine months was $2,472,610. Net income from dividends and interest for the period, after expenses and State and municipal taxes, was $905,737.—V. 171, Net profit 1357. General American 1, 1950, the company had in the aggre¬ $20,500,000, of which $15,400,000 represented bank loans and $5,100,000 represented commercial paper. The amount of such bank loans and commercial paper outstanding varies from time to of stockholders One record of 57,157 shs. 1,554,444'/< shs. outstanding short-term bank loans and commercial paper amount 1,662,396 $0.41 that as of Sept. 30, 1950, net dividends of $709,017, the increase for the nine months was $5,745,813. This increase is exclusive of $216,800 received from subscription, on exercise of warrants, for 10,840 shares of common stock at $20 per share. Harold The 1, 1950, for issuance upon conversion of the 57,157 of preference stock, series A, then outstanding, ^Convertible to 1, 1,578,086 1.662.411 $0.36 outstg._ com. per dend, stock, series A pref. and including Aug. gate shares the In $10,000,000 810,000,000 1965- $50) (par cumul, $6,168,158 807,242 1,593,926 General American Investors Co., - 15-year Preference stock $6,440,038 income ♦After 1950—6 Mos.—1949 $3,272,606 384,739 PRESENT FINANCING Authorized 3 % 1950—3 Mos.—1949 $3,279,652 revenues tEarns. 361,585 (& Subs.)—Earnings— Gatineau Power Co. ♦Net 262,515 695. p. Period End. June 30— p. GIVING CAPITALIZATION 262,515 stock common on 649,000 $944,630 399,070 stock preferred on dividends —V. 665,000 $1,000,940 —— Common 1,593,630 District of Colum¬ surtax and income Gross 1949 1950 1,665,940 taxes tax Net Wholly-Owned $21,891,808 $21,694,375 saies net Profit before income from the sale of this stock will be balances. It is the present intention not all, of these proceeds to reduce cash additional of (& Inc. Year Ended July 31— Total and Delaware Trust Co., Y., 909,252 Oct. shares share After payment of the stock dividend there outstanding.—V. 172, p. 195. Electric breaking pace Stock Div» approved a 100% common stock divi¬ will be jssued Oct. 16 to the stockholders 26 2. General Electric General Oil Co. of Texas—100% Aug. on additional will b© Co.—Appliance Output at Record— appliance will continue at its recordmonths, but will drop off about production through the next three Vice-President in charge of the company's Appliance and Mercnandise Department, predicted on Oct, 5. 20% in 1951, H. L. Andrews, "Although the supply of nothing that will interfere materials is tightening," he said, "we forsee with our scheduled production during the Our factories should continue running at the maintained in the second and third quarters. Consequently, there final quarter of this year. rale N. Y. REctor 2-9570 Herbert D. IBelb«rt, Editor and _1 advertising issue) with • ® Comnanv Reentered Copyright 1950 by William B St a,5, Panl States. U. 8. Possessions, Territories and Members Commercial and Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, Dana Seibert, President; William D. Rlggs, Business Manager. Published twice a week [every Thursday (general news and 135 S. La Salle St., Chicago 3, 111. (Telephone STate 2-«613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. •■ second class matter February 25, 1942, at the post office at New York, N: Y.,- under the Act of March 3, 1879. Subscriptions in United American Union, $45.00 per year; in Dominion of Canada, $48.00 per year. Other Countries, $52.00 per year. v The William offices: HOTS: ' proposal to create an au¬ convertible stock (par $1) stock from 400,000 shares proceeds portion, major bank others from shares The N. served, as of Sept. 1232. p. York, New subordinated sinking fund notes, due Sept. 1. 1962 1950—Month—1949 Sept. 30— stock A $2.50 at 1950.—V. preferred net company's BUSINESS—This 3'/2% Diana Stores Corp.—Sept. Sales Period End. York, New commercial paper. The company plans to continue the practice of utilizing bank credit and selling its commercial paper to the extent deemed necessary to linance any increase in the outstanding customer notes and contracts receivable of its subsidiaries, or the opening by its subsidiaries of additional offices or the acquisi¬ 50,000 shs. 247,200 shs. 172, p. 1232. preferred stock.—V. of 27, 172, Cash below. Inc., Outstanding 50.000 shs. *400,000 shs. 150.000 shares are reserved for the this amount ♦Of par a class A of appointed Name- -Financ'g Wilmington, Del. 94 Authorized 5% Telecommunications, Corp.—New Irving Trust Co., New York, N. Y., and Equitable Wilmington, Del. Registrars are: The Chase National Bank company, hardware. first the $65,417. was are incorporated company, manufactures 1924. Industry; proceeds manufacturing BUSINESS—The Increased— Stock — the of additional bia Transfer agents are: tion the approved authorized the Sales 1568. publicly offered 200,000 shares of $1 par value common stock at $14.87 V2 per share. to Detroit Hardware Manufacturing Co.—Stock Offered— PROCEEDS—The Inc. (M. H.) Fishman Co., Inc.—Sales Up Lynch, Pierce, Fenner & Beane and G. H. Walker & head an underwriting syndicate which on Oct. 10 outstanding of Electronics & PROCEEDS—The construction company's the towaid applied be 2 shares Period End. Sept. 30— 913,088 941,889 Family Finance Corp.—Common Stock Offered—Mer¬ eight insurance companies. of narfie 1 Oct. on stockholders an —V. trade under, thfe the trade shares, par 25 cents. They also approved a corporation to Facsimile & Electronics Corp. preferred"will be convertible into 2V2 shares of common ■ • -V'..'. ' ; - - Cash re¬ promissory notes due Oct. 1, 1979 to a group of 3% 000 and Privately—It Co.—Notes Sold Detroit Edison loans Facsimile see 171, p. preferred dividend requirements.—V. ♦After an used to retire program.—V. 172, p. to utensils under . July Fed. announcement dated Oct. 2, has placed privately with a group of banks and an in¬ surance company $1,500,000 of 5-year 3% instalment notes due Oct. 1, 1955, and $2,500,000 of 15-year 3%% sinking fund debentures due Oct. 1, 1965, through Kidder, Peabody & Co. according to arc of 2,000,000 offered to V. *$682,730 $0.50 ciedit tax manufacturer largest - . class Fruit share__ per loss 120. p. 400,000 name new on charges $231,894 On account of - the 1947 1943 1949 1950 taxes and Common proceeds . of at Eureka Williams Corp.—Earnings— Fisc. Years End. July 31— world's option to purchase 10,000 shares of common at during the 18-month period from July 27, 1950, estimated The project Is day. proximately 21 million cubic feet per cost $1,684,700.—V. 172, p. 107. to Derby Oil Co.—Notes and Debentures Privately Placed The to share The Facilities received temporary authorization from the FPC to construct natural gas facilities near Waynesburg, Pa., which would increase the capacity of the company's pipeline system by ap¬ company the be markets its enamel cooking and its aluminum1 ware 152, change in 4.60% 2196. p. Equitable Gas Co., Pittsburgh, Pa.—To Incr. $230,980 279,504 —The company, issue stock. the Co. to Telecommunications, $1) Each Jersey sale of the entire amount of $5,500,000 debentures with Co. of New York and the Mutual Life Insurance private a be of manufacturers in those lines. It also stampings and porcelain enameled parts in large include many leading manufacturers of stockholders to (par Commissioners. would proceeds Chairman of Changed—New Financing Planned—Stock Option change and 206. p. post refrigerators. "Vogue" name thorized $1,800,000 for converting customers' appliances to natural gas, $1,100,000 for plant changes and refunding of outstanding bank loans of about $2,600,000. The indenture for the proposed issue provides for 20-year debentures with an interest rate of 3% and an annual sinking fund of $175,000. The stockholders were informed that the conrpany has negotiated 1948 $114,401 9. p. • Abandonment— announced 27 125th the to Subs.)—Earnings- Earnings per share —V. 165, $5,500,000 of The $109,544,037 taxes--.—. after shares Capital and Vice-President since February, C. E. Christman, founder as customers company $6,491,353 $53,318,393 $54,263,374 on Dec. 16, 1950. Hewitt, President, stated that the company had been losing several years because of competition ol the George Wash¬ Bridge and the Hudson River tunnels, plus increased cost of Earnings Months Ended July 31— 6 Net Sept. on J. stockholders The pany ♦Net Dejay The Finch 1950—9 Mos.—1949 1950—Month—1949 | ... 4,000 country's largest Its and stoves Stores, Inc.—Sept. Sales Up 7.6%— Elizabethtown 4,506,543 $103,112,028 surplus it end of period- 4.000 Co succeed to elevated was said contract for Net earns, Earned 172, of the of one The 1,620,150 6,008,724 __ & utensils, its wares being sold all over the world. the company has expanded its activities to include the aluminum and stainless steel cooking utensils, and Is Approved— company operation.—V. 1,500,000 1,500,000 inventories and Co._ cooking years, for dividends dividends Common $112,240,902 $117,170,730 _ in obsolescence Preferred $3,189,671 1949.—V. declines and for possible future price Opprop. against 31, midnight 814,006 $31,863,509 paid income Net as Dec. at is company recant and The This Earned $19.38 21,259,755 income chagcs____ allowances, and Prov. with 1031. Edgewater, Board 1949 « $272,505,119 $273,068,055 1950 July 31— . $6,983,680 172, p. called (& Subs.)—Earnings— Co. & $5,501,150. were offering price per share at the close of Sep¬ _____ The 9 Months Ended The In The SEC purposes.—V. 1950 30, The compared the with notification of Sept. 1949, $21.27, served President who enameled produces Gain— Show Fund—Assets Stock has who elected "Nu-Brite."—V. ington The at of was money Crown Finance Co., Inc., N. Harding, been company, manufacture 1031. p. Electric Ferries, Inc.—Proposed 831,435 986.096 ________ _____ price per end of offering J. has the 10,550 129,088 $3,201,918 172, —V. 7,674 Total -V. Sales 129,088 surplus 172, Period End. Sept. 30— 98,111 44,612 expenses. cents) 25 John - as close of last year to $30.78 -at the the Howard & Edison Bros. 42~7~026 92,478 income on (par 5,000 At will 12,000 Board. $59,278,983, of The 1949. 31, Dec. assets $150,000 596.621 sundry and taxes stock Common at total 1031. 313,914 __ Robinson-Humphrey Co. 12,000 - 5,000 172, p. 1136. quanities. 127,590 payable accounts Si Co Hanrahan now Eaton Total $2,875,984 ___. loan mortgage Trade The Weeks__ Si Moseley & Co 5,000 Federal Enameling: & Stamping; Co.—New Pres., Etc.— the corporation. 165,673 $200,000 (unsecured) note at had 1950 30, Sept. with p. debenture of as share 835,489 LIABILITIES— 3Vh% 12,000 S. 12,000 Inc Co., . Howard Balanced Fund—Assets Rise— Fund tember Note Johnson, Lane, Space and Hornblowcr 9,506 $3,201,918 __— ... 14,000 12,000 1948, compared 1.754,835 merchandise 12,000 Hayden, Miller & Co Lines, Inc.—Rockefeller Resigns— Rockefeller has resigned as a director of Eaton Si 80,484 Federal the Shares Curtis 33,000 25,000 of 23,191 Other of of and-the Whiting, Weeks & Stubbs_ F. 172, p. 1344. $257,557 Trade Inventories businesses underwriters 33,000 —V. Air the of principal Paine, Webber, Jackson «fc Shares Co Johnston. Lemon 1232. Laurance S. $156,933 Recoverable 172, ___ Pierce,- Beane_______- & Walker & H. Blair, Rollins & Co., Inc._ 797,589 889,076 $0.90 1,132,094 889,076 $1.27 the $0.02 ; June 30,'50 Sept. 30,'49 ASSETS— Cash 1949 1950 — of Riter & Co Subs.)—Earnings Higher— charges & requirements Soldman, Sachs Si Co $19,440,537 $15,895,733 after'taxes Lynch, Fenner — profit —V. I COMPARATIVE Merrill G. 31— the names agreed to purchase, 172, p. 1344. Capital shares outstanding-: Earnings per share ^ Eastern Nil share common per 51,635 — . Quarter Ended Aug. (Si with respective number of shares of common stock which each has severaily are as follows: 3,767,951 27,010 Eagle-Picher Co. accordance UNDERWRITERS—The $3,899,863' operating Net from in 3 company's subsidiaries. 1950—8 Mos.—11949 1950—Month—11949 31— Ry. 2,390 22,470 income Period End. Aug. Ry. ACCOUNT INCOME time Duluth, South Shore & Atlantic Ry. —Earnings— and" elsewhere* in City Kansas Oklahoma. and (1435) The Commercial and Financial Chronicle . . W • it * the fluctuations In the rate of exchange, remittance for foreign subscriptions and advertisements must be made in New York fund* 1 - V! 4 The Commercial and Financial Chronicle (1436) •should be plenty appliances available of al¬ the Christmas trade, for 1950, Mr, Andrews said, pointing out that this is the equivalent of one appliance for every three wired homes in the United -States. In 1951. however, because of the diversion of materials to the, appliance production will be somewhat approximate the 1949 output.—V. i72, p. 1232. should •value The proper C. Gibson Mason, Carl Morgn McGlone 172, Charles McNulty A. Parcells Co. stock common —V. Inc.. 2,500 2,500 2,000 2,000 2,000 2.000/ Co— 2,000 2,000 2,000 _______ & , —V. Sept. 11 completed the sale of 4,000 shares of $1) at the market. The proceeds went to a selling 172, 172, 2,000 Co.___ 2,000 2,000 V sales. * $41,421,493 2,001,632 ■ 789,000' 313,000 taxes_„— The * • be the Net $440,462 framings $1,212,632 Outstanding,--/.:-.-555,037 profit shares Common 555,937 share _____________ $0.50 $1.88estimated' recoveries of prior years' Federal income in 1950 and $123,000 in 1949. tAfter preferred/ ♦After deducting totaling $78,000 dividends.—V. / 170. 494, p. (I. G. 1, fund 1962, First for ol the registration rtatement filed on Sept. 26,/ -company plans to offer to its stockholders of record Oct. 31, 1950, at $10 per share, a total of 30,000 shares of additional capital stock. <par $5) cn the basis of one share for each share held. Rights are to expire on Nov. 20, 1950. " '. Subordinate notes of the corporation may be delivered in payment in/ wfaole or in part of the price of shares subscribed for, in lieu of cash. There were $38,336.38 of 4% subordinated notes outstanding on is redeemable $27 at company at, of as with case whole a in or at part accrued all subject Portland the tne of High mergers in the cherge 000 after expenses, being are from used its working capital necessitated higher inventory costs. 7 German all the transfer for nationals, will company accurate ti:i, 214 estimate will compa^ Subject company to be to of tne present appointed and supervised in putting the law into participate connected prohibited were of two any new cartels, new or of more companies, made was for ana claims other compensation. this purpose, the against the shares with other or specilically unless the law forbade companies, new unless specifically under the general industries will 171, stockholders board of licensed combinations of or persons authorized designated law to other by the holders of in concerns securities which review decartelization be and receive to company For —V. the for is the Ruhr the handle new be to assets established steel and coal interests, company 360. p. agent Illinois Bell Telephone Co.—EarningsPeriod End. Aug. 31— ; of 1950—Month—1949 $274,- at additions volume . , estimated company increased . it considered the No zone. units separate many by transactions and the this, issue, by by a , Bank, Portland, Me., is stock, 5.8% series. proceeds "such available. v;as formation of of Fiovision , . net into Commission. preferred PROCEEDS—The broken dissolu¬ Commission. prevent or dividends. adjustment. to National cumulative Dyes), Germany— company How controlled or Commission, Meanwhile, the To of High the by industries." these-assets securities share, and redeemable through in involuntary liquidation to, per entitled and .share, In each per 1949 Aug. 28 ordered the on The High Commission said owned committee by purchaser of each share will receive a detachable warrant en¬ titling the bearer to purchase Vk shares of common stock upon pay¬ ment of $7.50 per share on or after Jan. 1, 1953 and prior to Jan. 1,1956, $11 per share prior to Jan. 1, 1959, and $16 per share prior to effectiveness Upon related including 45 in the Soviet effect. The Jan. (Md.)—Stock Rights— Employees Corp. Government the sinking $25 common per ' taxes of Higher $3,9„0,000 - clear. formerly law, 12,000 shares and not was nies value preferred,, stock option Y. independent companies as will dispersion of ownership and promote competition in the German ehemical 2,000 Hathaway Co.—Stock Sold—The Farbenindustrie A. G. , , income Federal for Provision $44,893,031 753,462 —— income taxes-: before Profit 1949 1950 Fiscal Year Ended June 30— Ret G. ensure 2,000 2,000 Co.________ " (accompanied by common stock purchase warrants), which were publicly offered on Sept. 28 at par ($25 per share) by H. M. Payson & Co., Portland, Me., were quickly sold. = -Earnings— (& Subs.) Goodall-Sanford, Inc. Sales 340% 1950 The Western Allied High Commission of the company. It ordered the number of economically sound and of 5.8% cumulative stock , N. 15, 172, p. 477. A (C. F.) 476, p, York New ^ tion 1233. p. Broadway, To Dissolve— , 2,000 & 100 $13,350,000 I. ;'•• 2,000 2,000 & Co., 2,500 2,000 2,000 Wood Trust . .. /T 2,500 on (par .stockholder.—V. 2,500 2,000 E. York Quarter Ended Sept. 30— 2,500 Co._____ Harold Georgia-Pacific Plywood & Lumber Co.—-Stock Sold— •Reynolds & 1 , ____ Kipp <fc Co,_ Simons, Roberts & Co.__ Sweney, Cartwright & Co.„___. Titus-Miller 1233. Sales ' Rodger, 7 New p. 2,500 Inc & the Hytron Radio & Electronics Corp. 2,500 2,000 Co., at 172, -t—V, , / 2,500 , Sidlo, 1344. i>. J. . 2,500 _ Co. Sc 2,500 2,500 ; , 2,500 2,500 company has called for redemption on,Nov. 15, next, all of outstanding $2.25 cumulative preferred stock at $03 per share, accrued dividends of 56'/4 cents per share. Payment will -)?e plus made .2,500 . 2,500 Co & ' 2,500 ■» 2.5O0 2,500 • Co. & & 2,500 2,500 i . Co & Wortman R. W. James certificates.—V. new G. op Sept. 27 approved the stock split as recom¬ directors last July 10. Stockholders will be' notified time to exchange their present stock certificates fox- the by the of Co. & This the 2,500 Company... Mullaney, Wells & Co. Sills, Fairman & Harris, and stockholders mended & Miller Mead, stock. common Simmons_;__— Dempsey-Tegeler & Co.r__~_Ji. Martin, Burns & Corbett, IncMason-Hagan, Inc. George A. McDowell & Co recorded with the appropriate Delaware Officials after 3 P m. 'EST), on,Oct. 2 a certificate of amendment R)f the certificate of incorporation which changes the authorized shares Jf common stock from 75,000,000 shares ($10 par) to 150,000,000 shares ($5 part and provides for the split of each share of $10 par Talue'common stock now issued into two shares of the new $5 par filed corporation The & Collins Dempsey Capitalization— in Corp.—Changes Motors Ellis Julien less but program, General Blunt "— Shareholders Company Monday, October 16, 1950 . . Hussmann Refrigerator Co.^Calls Preferred Stock—, /•."!- From Selling From -0D0 appliances in Rearmament Be Purchased Shares to , though shortages may continue in the raofct popular housewares lines."' General Electric s output will hit a new high of approximately 12,000,-; . sales 1950- -8 Mos.—1949 jjjj t')1 ; to Operating and •' "• jjj '•! - $" k'*'" 21,588,647 10,540,762 lev. 64,365 61,262 revenues,, 21,524,282 18,47S,500 166,746,135 145,091,664 15.555,346 15,031,187 121,392,770 3,753,261 2,227,669 26,092,977 17,833.8)9' 2,215,675 1,220,644 19,260,388 9,477.502 1,760,933 784,220 15,787,446 6,280.449. revenues,. Uncollectible oper. ___ 167,272,698 145,549 00a 526,563 457,339 : „ in fn $500,000, the corporation with additional capital order to finance the growth cf its business.—V. 172, p./1233.; to provide are -r-v. 172, p. 571, mated 1950—5 Wks.—1949 1950—31 Wks.—1949 $15,189,492 $12,969,502 $91,298,520 $78,887,079 —— '/Y yy -i---. . , (W. T.) Grant Co.—September Sales Up 13.7%— Bales 172, 1344. p. "/ /</'7/ 7' ' . $224,000, of the At The 40th Mutual Life Insurance time present the also company St., and issue the New York, Period End. Sept. 30— 1950—Month—1949 $7,940,743 —V. GIVING r:' ' -41/2%'12-year Cumul. pld. Common ■•'" (H. L.) Green Co.» Inc.—September Sales Up 4.2%— "Pericd End. Sept. 30— Bales 1950—Month—1949 $8,201,612 —— —/. 172, 936. P. • See $7,870,516 $59,821,430 $59,308,921 also EFFECT PRESENT TO V. 172, Stock Offered—An sales Profit syndicate headed Earnings used to pay proceeds to be received by the short-term bank debt of $800,000, to a 4% mortgage notes ttye balance added .to .BUSINESS—The television sod •manufactures held William J. Halligan, Net products and the television are its . and trustee, communications, "Hallicrafters" for sets sale under the orders hand on at Sept. 8. 1950, amounted to the Armed Services. iibately $31,000,000, including orders for ofders are not subject to cancellation and Bervices .The not are subject company's main to cancellation plant profit Common / The ♦Earnings used for leases a are is located warehouse per orders without in from Civilian the Supreme the brick This '.The, company ■Broadway Ave., which is used for (space The also company of Ave., Chicago, 111., at . j additional on temporary storage monthly a brick building 5031-5035 at space rental basis 1026 at ± 4%% shares ($1 '^Payable $3,000 (July 1, 1964. notes— shares common offered now chased by each through names are set of June and the 1, 212,700 212,700 the principal number Homan shares $1.57 $1.28 of be the McCormick Cruttenden & Rollins H. TYancis - Co. & & I 'Gopdbody Grubbs, & Scott p. & Co., 10,000 r 8.750 Co., Inc 7,500 7,500 7,500 7,500 Denis five-day the by brought was The stockholders have of $390,741 $3,500,881 $2,994,702 537,744 300,789 2,779,962 2,271,408 50 50 400 45,791 46,996 398,837 income $23,410 $42,906 $321,682 $342,068 charges______: "17,064 23,682 85,202 199,856 lease of oper. Net taxes operating after Net 400 380,62a ♦Deficit.—V. 172, 1136. p. Indiana Harbor Belt RR.—Earnings1950—Month—1949 revenues—__ from ry. opers. 1950—8 Mos.—1949 t in with ' planJ a the Hoe Export- inccme___ after fxd. chgs. Net rev. Net ry. oper. Net inc. —V. $1,934,498 $16,125,029 $15,563,260 $2,231,321 oper. 172, ' 536,693 4,674,685 3.556,344 224,807 175,507 1,336,047 1,155,644 165,426 125,936 852,465 766,276 702,636 936. p. The vote was 73,398 to 9,226. Cohaian on stockholder's with Nathan about split became shares may its Oct. 11 suit Institutional reserved to prevent' parent. Katz, who "bad faith." charged ^Alfred that D. the of As p.. of Sept. lent the, per Asset Value Aviation Group Shares had share, common with compajed Higher— equiva¬ share on net assets $7.76 per 1949. and Stock & Bor.d Group Shares had net assets equiva¬ $14.18 to per ago.—V. year 1950, 30, $10.20 to Sept. 30, Martin disapproved 171, Shares, Ltd.—Net • lent who of to change common the stock share, common 172. p. with compared $11.64 share per a 108. 2097. effective Sept.; 16. The par on a of holders Schroder Trust Co., New new shares on the basis Calif., or receive the cents N. T. & and^ 50 profit after 30— A., N. Y., transfer the split.—V. 172, Earned per taxes__ $1,422,102 —V.. 171, 4,920,000 share— $0.29 1949 " 5 1948 $850,224 * $646,679 4,920,000 * V- $0.17 4,920,000 $0.13 Under would be to is scheduled considered for at Oct. .31, 1950. bearing the such question tbe of of IHES Y be payable. to III of the Part retired by be plan, the prcfeired and class A stock of IHES issuing therefor trustee certiiicates in the amount' eight trustee certificates thereon, arrearages and IHES of and would certificates The assets 103. p. hearing also of court ment Ltd.—Earnings— 1950 . is for the payment of interest on overdue interest on. its $15,940,800 of 6% debentures recently retired under Parts I and II of the IHES liquidation and dissolution plan. The Trustee has re-/ served $87,017.60 for the payment of such overdue interest on the debentures as may be determined by the Commission and the enforce¬ 196. 6 Months Ended June There liability York, of The trustee. : par S. 12 announced the issuance of an order reconvening the hearings upon Parts III and IV of the Second Plan for liquidation dissolution of this system filed by Bartholomew A. Brickley, the to lVa-for-l basis.; 66% present certificates to the Bank of America, of cents Hydro-Electric System—Hearing Oct. 31 The SEC on Oct. value 66% from split the outstanding shares Angeles, to voted shares 1,000,000 upon one for each preferred share and all dividend trustee certificate for .each, cjass A share. the holders to share ratably in the liquidation, after payment of taxes, debts, entitle final of administration. expenses 6,250 TotaJ gross Profit opcr. before Prov. for Fed. ; and 000 $108,233 22,354 inc. taxes 1.24B Net profit 796" Dividends per 132,000 without holders 182,000 $0.12 $0.13 IHES delay, of and, an in order to facilitate payment of the $9,500,the trustee in connection with the retire-' by debentures and to provide certificates holders, v.-jth obtain their proportionate part of the portfolio period of 60 days after consummation of Part III certificates would be given an opportnuity to surrender opportunity an 13,200 30.14 share__ 13,200 obtained loan to for a upon aliquot payment of an aliquot share of the share of its assets.—V. 172, p. 381. debt of IHES,. $33,211 182,000 outstanding____,_._ common $22,195 18,200 _! paid shares 160, $25,052 — Common International Packers, Ltd.—Exchange Swift International Co., Ltd.—V. 172, p. Offer Extended 292. 1402. p. 5,000 5,000 5,000 159 34,007 provides that, the of receive Earnine-s 5,000 > $118,767 V IV bank ment same —V. 5,000 1948 $130,853 26,293 taxes_____ state 1949 1950 • revenues income 6,250 5,000 Inc 3,750 ZS'Si'SS.ZZ'S. & Part Holly Oil Co.—Earnings— Year Ended June 30— 5,000 ~Z $606,995 Period End. Aug. 31— company O'Leary trial brought was 6,250 I___I Howard, Weil, Labouisse, Friedrichs Bhields & Company__ Ames, Emerieh & Co., Inc 6,005 revenues._ 2511. 3 approved the recapitalization 7.500 6,250 ~~~ Co.__ & 171, Expcrt-Impprt .unit 5,000 ; ; Ohio Company___ Piper, Jaffray & Hopwood V/atling, Lerchen & Co Evans Shareholders 7,500 7,500 /_~ Co The A. 8,750 Selling 7,500 Co duPont From 10,000 " ._ Bj,raus & Blosser: 'K?.yden, Stone & Co._____ Paine,, Webber, Jackson & Curtis Ffewhard, Cook & Co Clement Company Co. Co. & Davis I. & From '■;. ■■ 7,159 oper. " Shares to Be Purchased ' Kebbon, Justice a of authorized Net on pur¬ $3.000,70T 1,360 $1.09 share____,__ dividends.—V. Hollinger Consolidated Gold Mines, 825,000 shs., to 1950—8 Mos.—1949 rev. Hoffman Radio Corp.—Split-Up Effective— Los Outstanding $508,000 underwriters of Corp.- -Earnings— 1950—Month—1949 International ; The square* $13 000 v.-Y 211,600 of Dallas, Tex., a director of the company, plan, later joined Mr; Katz in the suit.—V. p. and 1952, program, ;'V" • 31— in this iinancing.—V. future $3,508,040 1948, forth below: , 4c 1949 outstanding.. Court suit agents, 1964, $16,900,000 prospectus, new, to ../'•.: :i for the $12,000,000 at and amount 787 255,607 cents per share and to FINANCING 1,000,000 shs. will loans 1951, the of Associated Telephone Operating $3,490,505 Capital shares outstanding UNDERWRITERS—The Faul South $550,000 value)—_____ par monthly * Blair, 16,650 Authorized i ♦first mortgage ■ of $900. CAPITALIZATION GIVING EFFECT TO PRESENT Common North bank in to ' . $391,528 dperaung 296,669 wholly-owned subsidiary. a capitalization purposes. month-to-month a 1950 the consolidation of after merger The . 111., containing 16,000 square feet of floor the manufacture of coils and condensers. - leases £qet • one-story Chicago, construction -expenditures > /, estimated $30,000,000 revenues.— revenues.— Rent from $3,996,834 common involves decision single-story Chicago 24, 111. used The According ; not, and sale of the other. for the "payment of short- Operating expenses..— $1.32 $2.31 356,662 preferred Import Corp., Armed penalty. modern a be to xinancing ,'/■•' ■ New . $608,355 333,000 - _ The class A stockholders on Sept. which . 4. 333,000 $1.61 333,000 7 1953. of will $439,218 (R.) Hoe & Co., Inc.—Effectiveness of Plan Held Up— • company floors $537,165 in Period End. Aug. Operating Ry. type tipper 270,000 taxes shares ♦After occupies under -lease two connecting three-story brick buildings located at 755-759 and 801-823 Tripp Ave., .Chicago, 111., containing 72,000 square feet of floor space. The ground floor of these buildings is used primarily for the production and ' testing of short-wave transmitting and receiving equipment, and the tnlil 709,218 350,000 11. Indiana $5,735,106 887,165 share after the issue 1950. approximately Lynch,7 (both Corp. on ferftis Merrill . anprox- : ar 1 steel building at 4401 West Fifth Ave., building contains 142,000 square feet Df floor space. ( $7,550,316 495,310 Fiscal Year End. July 31— Net also private p. 1948 Higbie Manufacturing Co.- -Earnings— ' ; radio It name. $17,300,000 require Boston First value- rate underwriting and amendment. SEC the par underwriters. construction. 15, price $50 dividend preferred and common stocks are for The par). by expenditures aie months of 1950, $17,300,000 172, 1949 $769,434 1395. made new Oct.- on five last 1,264,744 shares outstanding 170, the financing for andf , of a large retail distributor and two mail ofder houses. Manufacturing operations consist primarily of the assembly of comjporient parts purchased from others but produced in large part in accordance with the company's designs and specifications. Such parts Include: condensers, transformers, resistors, switches, speakers, coils, tubes, cabinets, etc. > 7. / uniilled warrants. $7,770,516 - taxes — brands 'Total of $3,950,889 manufactures under profit The .principal of property $78,000 company retire the of loans $9,000,000 offering and the sale stock, preferred (no supplied be contingent upon bank the 93,300 shs. exercise for 1950 taxes income as and balance term ' 12,000 shs.; Uncollectible working capital. company radio by selling seven Proceeds Outstanding Bccne named either case, in ... ______ per p. be 1233. income Federal —V. to FINANCING & be Construction —^ before for Prov. Capital net Fenner issuance stock public to are statement with registration a cumulative of common the and issues are The 20,000 shs. reserved are Year Ended July 30— the company is selling 150,000 shares and stockholders the other 150,000 shares. > Aecoul Pierce, of filed 5 shares shares preferred both Oct. on 150,000 200,000 the on East 112 company covering York) * * 150,000 shs. which p. Illinois Power Co.—Registers With SEC— and $500,000 par)' par) of the Hayes Industries, Inc.—Earnings— Fiscal Hallicrafters Co.—Common -PURPOSE—The ($1 shares by Kebbon, McCormick .& Co., on Oct. 10 publicly offered, at $9.25 per share,; £.00,000 shares of common stock (par $1). Of these shares, - at f. note, due 1962 s. ($25 in through its Lowell, Mass. office 1032. p. will Net (The) underwriting sales a 172, The or and Net —V. are' 1950—8 Mos.—1949 /, . stock stock *18,000 . Me., operating income after charges 117,780,z63 esti¬ shirts. Authorized 4 1950—9 Mos.—1949 note, 'Hathaway House.' as --/Y $6,352,245 $57,786,709 $52,728,164v 172, p. 1031. directly _______ Net engaged men's Operating Operating expenses Operating taxes and new are quality either maintains known Y., 1954 the of subsidiaries company, and owns N. to the prior note and expenses, working capital. its Grayson-Robinson Stores, Inc.—Sept. Sales Up 25%— * tlfc Co., of Portland, holder together with other operates'properties in Waterville, CAPITALIZATION Bales offering, note, new after payment of company 4'/4% at manufacturing and selling high subsidiaries, $21,968,697 $19,319,838 $159,071,735 $151,851,840 —V. Union interest being used for additions to business 1950—9 Mos.—1949 1950—Month—1949 at bearing note, purchased the Tfie net proceds from BUSINESS—The y the .above with outstanding an 1962 The prior likewise • Period End. Sept. 30— the in participants. Co.—Sept. Sales Up 17.1%— Period End. Sept. 30— Bales due thereafter. of Grand Union FINANCING—Concurrently refunded unsecured sinking fund note, que 1960 in the principal amount of $275,000 through the private sale a new unsecured sinking fund note in the principal amount of of 31, 1950. 'The. proceeds Aug. -funds PRIVATE company CoZI 3,750 Interstate Department Stores, Inc.—Sales Up Holophane Co., Inc.—Earnings— Fiscal Year Ended June 30— 3,750 3,750 3.750 3,750 3.750 3,750 3.750 3,750 Earnings 2,500 2,500 —V. Net income eral Capital after income per p. and 1950 1948 $720,414 $673,418 94:442 94,442 94,442 -$7.74 outstanding. 1 share__ 2400. 1949 $730,795 $7.63 $7.13 —V. Fed¬ taxes shares 171, charges Period End. Sept. 30— Sales " . , 1950—Month—1949 $5,704,096 172, p. 936. Interstate Motor Freight . 10.5%—/ 195C—8 Mos.—1949 $5,161,982 $40,238,138 $38,718,654 System—Co-registrar— The Guaranty Trust Co. of New York has been appointed co-registrar for the eomincn stock ($1 par value). See offering in V. 172, p. 1345. • .'JtiUUtL Ul^Wri' \ Wl'XFWfL *Wq>«r«fsfti» *rf *W7 Wt*rWf%W1"W*,H!*»4i*,iV fluHWir -»tir 71 1 . • '.••/><'' > V. 172, 11. p. t J i)<', '■■ i (1437) 1950 — Federal income income taxes for (est.) 4 90,500 its bid of on bids Other & and Co. First . & Loewi Farrell, of Net Atkinson, Wis.—Stock Offered— Dividends Shearson, Hammill & Co. and Bell and Oct. 10 publicly offered 15,973 shares stock (par $5) at $18.75 per share. Co., Inc., common the and of introduction recent the per & serial value)— — v— the trade company Net of name and offered now —V. Loewi Net tion, Hammill & Co.- and —V. 172, p. Inc. — — - V. See on that a on sales Net Net loss - 1,946,777 & profit.—V. "Net * 170, In the - Curtis. of Sept. as Net " ■ Inc.—Asset Value Up— 30, 1950 reports .net , company Oct. on .... corporate other for and The construction program lor the aggregate expenditures of approximately prospectus—V. 172, p. 1234. & Light Kansas Power Co.—Stock Placed Privately— month, has placed it was announced last This company, firms, 60,000 shares privately with a group of insurance of 41/4% preferred stock (par $100). and Central 172, p. 1136. S. II, Lynne, at Birmingham, Alabama, on Sept. 19, bankruptcy sale uf the company. and associates, Chicago, 111., offered a conditional cancelled the I' properly at a bankruptcy down a $5,000 earnest money deposit, on the bid. They claimed they would more any could has taken since at over cause ' " "V ' ' ' " ' The properties will be placed on sale again in jnan, re„eree in bankruptcy.-—-V. 172, p. 664. t to the bid. keep -stockholder's preferred shares. «, . . _ , Court by S. A. Cole- Ltd.—Stock Split Approved— voted' to split the common stock eancel the previously authorized and issued to Nash-Kelvinator Corp. owns " Lithomat l-The Saint Catherine, ■ ■ Corp. stockholders company's office, » stockholders -authorized common Aug. on Ky. — Notes Offered— ^ „ 24 approved a The ' ' -.1- $3 S.) .to were Oct. of.r the value p. vote 197." ' .13 Kresge to were 702 (S. H.) 300,000 shares. plan under which Co.—Sales Increased 8.4%— 1950—Month—1949 1950—9 Mos.—1949 22,811,040 192.714,124 190,222,529 1950, as com¬ in September, 1949.—V. 172, p. 1032. 696 Period End. Sept. a 24,735 584 - in operation in September, Co.—September Sales Incr. 5.4%y30— 1950—Month—1949 ' 1.950—9 Mos.—1949 $13,108,862 $12,432,253 $105,639,245 $108,420,303 - in operation at Sept. before.—V. 172, p. 1032. were year stores Kress & "Sales 254 21,340 298,352 Nil 300,072 . $0.07 1483. p. 1 i" which 3,VaT> of are and stock common the sale of authorizing a par to $1 on from no - first .mortgage now bonds, dated series A, May and Improvements, The v stock, are income used by the utility company after outstanding has and charges Federal Island Lighting Co.—Plan to Be Apparently e::em;'Uon due to failure to include earnings from these source* base years. normal and ekeess profits taxes much mere severe tl.aa contemplated to date, therefore, it appears that Mathieson able to maintain earnings of around $3 per share on th* stock. Although it is difficult to appraise the effect on earn¬ been be common income to contributions for and prove a regardless pany's long-term growth, posed."—V. 172, p. 381. the Hydrocarbon subsidiary, ultimately make substantial factor in the com¬ of whatever taxes are im¬ ' ,1 supporting McCrory Stores Corp.—Sales for : Sales There Consummated operation in September, 1032. in stores 202 were September Up 5 Ci% 1950—Month—194.9 1950—9 Mos.—1949 $7,565,486 $7,148,196 $64,885,749 $63,365,31jr Period End. Sept. 30— . Long 10, says: ings of some of its newer projects, such as is reasonable to assume that they will totaled $21,836 taxes dated Oct. exceed will 1950 vit telephone system. 2,750 shares of common income . "Barring 1949 net amounted to $21,793.—V. 172, p. 1346. 31, . management company's the should months ended June 30, 1950, while for the 12 months ended the si* tFrom at by employees. Share— been faulty have 1, The new bonds were publicly offered to be plant principal year for extensions and additions to its company presently par $100 each. Net Dec. proceeds the 675,276 t$4.14 675,276 $10,30 charges. and taxes authoritative statement, have part of an autnorized issue of $200,000, outstanding. 1949 1950 $6,960,000 t$2,688,83* Phosphate, which were not acquired until April 1949. some published estimates of Mathieson's excess profits tax (Ohio)—Bonds Offered— offering mentioned in last bond (& Subs.)—Earnings— Corp. has Indicated that earnings t r the $3 per share even after making allowance for increased normal taxes and for excess profits taxes for the firtai months of the year. The company believes its excess profits tax ex¬ emption will approximate $2.50 per share, based on the most extrem© proposals likely to be enacted under the Mahoney Bill. Pre-tax earn¬ ings are currently running in excess of $14,000,000 annually or aboufc .$5.30 per share, as compared with average pre-tax earnings of some $4.75 per share for the three y^ars, 1947 to 1949, after including: revenues from Southern Acid & Sulphur Co. and Standard WhoTrile by The Ohio Company,' Columbus, O., last month at 102.1.7 and accrusd interest, sold its Bridgeport, Conn., plant, with a floor feet, to the Chanin Organization.—V. 172, p. 664. * has of a strike ..t'The approving on division duplication offset, and due May 1, 3969, are 1949, compared 1950, in September, 1949.—V. 172, p. to 201 Oct. 24— on The 257 stores plan Queens Co., will for consolidation this of company its with McDonnell Aircraft subsidiaries, Borough Gas & Electric Co. and Nassau & Suffolk Lighting be consummated on Oct. 24, Edward F. Barrett, President, in a letter being mailed to stockholders of the 30, 1950, compared to - — profit after taxes Common 1950 1949 .' $38,688,383 $32.659,3°4 per common stockholders stock 338,229 S8.25 share.. on Sept. 360,000 from 28 $1 authorized par share»shares.—V. 172, p. 1234. voted to increase the shares to 720,000 $5 par 2-for-l split of the outstanding to eflect a and Buffalo, N. Commission— McKendry-Wallace, Inc., Securities and Exchange The unit, without underwriting. The showcases and costume jewelry capital. per purchase to working quired before present shareholders may exercise the rights and receive benefits of a stockholder- of the Consolidatd Corporation, including $10) offered be to Oct. filed a letter of notification with the SECt shares of 5% non-convertible cumulative preferred and 40,000 shares of common stock (par one cent) in units of one preferred and two common shares 20,000 (par $10.02 full shares of new common. . 1 The company advises stockholders that s^pced in depositing present shares is important because the exchange for new securities is re¬ up Y.—Files Witl> on company ..covering stock 1,731,833 227,42* $7.47 2,815,219 —-— Split Approved— Stock The common * outstanding.— Shares Earnings Fractional shares of new common stock will not be issited. The has arranged for stockholders who are entitled to receive scrip to utilize the .services of the exchange agent, without cost, either in selling such "scrip- or in buying sufficient additional scrip make sales Net . , Corp.—Earnings— Fiscal Year Ended June 30— Net respective com¬ panies. Arrangements have been made for issuance of the new common stock 3rid scrip on that date, upon transmittal of the old stocks to Bank of the Manhattan Co., 40 Wall Street, New York 15, N. Y., the exchange agent under the plan. Terms of the plan, (which has been approved by the SEC, the New York P. S. Commission and the Courts) provide for issuance of new common stock of the. Consolidated Corporation in exchange for present outstanidng shares or certificates of deposit in the ratio of 10.4 shares of new common for each share of Long Island Lighting Co. -"A"- 77o preferred;-. 9.-2 shares for each share of Long Island "B;* &<//> prefrerod; 6/100ths nof a share for each share of old common; .5.42 shares for each share of Queens Borough 6% preferred; and 6.7 shares for each share of Nassau & Suffolk 7% preferred. states . instituted a recapitalization : There There outstanding share., 1948 , • $15,949,132 *213.227 3,163 298,352 $0.01 outstanding—1 share— per per An .•- . Proposed Sale and Change in Par - details of the $50,000 all of proposal to increase the of ~Sa]es pared 1949 1950 taxes— & , "Chronicle," which inadvertently appeared under the heading Logan Telephone Co., follow: >•-* Ef- Period End. Sept. 30— . sec¬ Mathieson Chemical Corp.—Earnings in 19l50 to Exceed ! Monday's V5.Q'/c of the company's outstanding preferred stock were given the right to exchange... each share, together with accumulated dividends, for six no par common shares with a stated value of $12.50 per share. At the close of exchange offer, on Aug. 18, a total of 16,376 of the 30 Q00 authorized preferred shares had been accepted under the plan. The company's treasury holds an additional 12,682 preferred -shares and th6 directors have declared the nlan operative. It is expected that the new stock certificates will be ready foi delivery, by Nov. 3, 1950.—V. 172, p. 937. (S. Offering—A April 1 to Sept. 1, 1949, tho Laurel, Miss., was not in operation fBased on average number of shares outstanding during the year.—V. 170, p. 1600. ' ' ■ ' *' ' I f; company stock, mo par value, to the company July, holders the Co., & Inc.—Earnings— charges company • because Logan Home Telephone Co. Further to fective— in . Fortland Cement ef¬ -Recapitalization Keystone The Alden Paine, Webber, Jackson & July 31— 168, company's Value of Stock— stock.—V, 162, p. 2149. common -. „ 16, Aug. on -4-for-l basis and a ■on , of Canada, Kelvinator The 12. the Chicago firm must be lorfeited for failuie Lynne continued a hearing in which why the, deposit monqy should not Judge show sale on June but bad not paid buy only if they The Ordnance Department Redstone Arsenal. the land. land the lease the for $65,000 put They Mbore & Co., Inc.; 1346. p. income full Cooksey Arthur of Inc.; Judge Federal bid 172, common per Earned Literary Soeiety of Saint Catherine of Sienna 1965.•- : , Co. Bond O'Neal, Co.; & Capital shares Wis., on Oct. 13 offered $450,000 of 3%, 31/4% and. 3%% serial coupon notes dated July 1, 1950, and due serially July 1, 1951 through July 1, Corp.—Court Cancels Sale— Keller Motor - Inc.—V. shares Masonite Loewi & Co., Milwaukee, for New York, is transfer agent, Hanover Bank & Trust Co., New York, is co-registrar.—V. Co., Trust Bankers •>. Newsome Fiscal Year Ended Aug. 31— , a 2-for-l split of the subject to the shareholder' approval' at the meeting in March, 1951.—V. 171, p. 2305. • r-,■■■; Motherhouse, purposes. 1950-1952 may require according to the C. J. Co.; of 200,000 square "Net Third Order of St. Dominic (Dominican Sisters) General 10 $19,514,000, Bankers Manning, Maxwell & Moore, Inc.—Sells Plant— The area . years The Inc.; . . filed a, registration statement with the SEC covering 75,000 shares of its no par common stock and 45,000 shares of its $100 par preferred stock. ( " -The common stock end preferred stocks are to be offered for public sale at competitive bidding. Net proceeds of the stock sale will be used to finance, in part, the construction program of the company The .. Co., & $15,379,792 $16,067,635 "Loss.—V. stock, common change in the par per share.—V. 172; Co.—Registers With SEC— Kansas Gas & Electric , Ripley & profit after Earnings 1950—8 Mos.—1949 „ ' ■ . (The) v common Reported to be completed.—V. 170, p. 595. Capital $8,971,455 $77,164,850 $77,233,941 ' annual Co.—Secondary Offering —A secondary offering of 3,500 shares of common stock (no par) was made on Sept. 13 by Blyth & Co., Inc., at $25.37l/z per share, less a discount of 35 cents per share. The offering was quickly sold and the books closed.— 1345. the Co.; J,. J. B. Hilliard & Son; First of Michigan Corp.; Burkholder; Indianapolis Bond & Share Corp.; Sales According to reports, the company has proposed Oily Power & Light V. 172, p. of underwriters v'".*'-if 172, p. 1032. present " .Kansas the of names Mandel Brothers, capital was Link-Belt Co.—Stock Split Proposed— 1948 $5,377,988 ■''144,757 $5,022,814 *6,926 assets of $767,487, equivalent to $27.92 a share, compared.with $460,487, or $24.89 a share on Sept. 30. 1949 and $678,630, or $25.70 a share, on June 30, 1950.— • V. 172/p.-477. V ' corooration engaged in the electric service Blyth & Co., Inc.; Hayden, Stone & Co.; Almstedt concession of $1 per share, by corre¬ ' 1950—Month—1949 $10,192,546 _____— —V. / 1949 . 369,811 Johnston Mutual Fund (The) The present ondary offering of 6,000 shares of capital stock (no par) was made on Oct. 11 at $30 per share, with a dealers' this corpora¬ Corp.—Sept. Sales 13.6% Higher Period End. Sept. 30— 1496. p. the & Ebinger, "After 5 and 50 Ludlow Mfff. & Sales Co.—Secondary shares of quarter r ' $4,316,059 — $933,642 the during Co. below: Harriman Long 6 Months Ended purchased Electric & Lyons & Co.; Lee Higginson Corp.; Berwyn T. L. Reid with $50.58 per share - three the quarter ended Sept.' 30 corporation has The quarter. securities of Gas Russell, Long & Buikholder; Security & Bond Co.; John W. Smart; Stin Bros.; & Eoyce; Stone Webster Securities Corp.; Wagner, for compared Nwith as ; ln50 —_— * — 1949 Sales , . share of capital stock of income ordinary Co. by Louisville Gas sold 250,000 shares Co. last year Inc."; 1950—9 Mos.—1949 $4,052,552 $34,898,328 $36,553,761 compared 1950, 30, Net Co entire remaining holdings. Total number of Louisville Gas & Electric Co. common stock, changed by this offering, is 1,068,703. forth set :are McDonald-Moore ; 1950—Month—1949 $1,029,195, Lerner Stores 30, 1950 of the 7%. redemption would be fi¬ Sept. Stores, Inc.—Earnings— Fiscal Year Ended June 30— - Sept. to & Electric Bank— it may be necessary later90-day basis through its bank. 1136. p. Brown Inc.—September Sales 5.5% Higher— per received & its and Davis, Skaggs & of $54.76 be Gas 475,000. Brothers; reported as $3,662,046, while proceeds from securities sold amounted to $7,951,035, bath exclusive of U,. S. Governments. A majority of the sales were of securities of public utility companies. Net ^unrealized appreciation, of portfolio securities as of Sept. 30, 1950 was $38,214,359, an increase of $5,466,934 in the period.—V. 171, p. 2512. However, funds additional 172, Jim stated company earnings. current obtain to on the redemption the with .stock from nanced of Russell, $4,276,526 Louisville in Standard of Lehman Brothers; outstanding. Cost 1032. connection In preferred Nil value earlier. the ih —-—6,389 — 3,195 Jenkins Bros—May Borrow from ; be not will & Electric UNDERWRITERS—The stock 170,560 291,200 $1.38. sponding quarter of 1949. During the quarter just ended net realized profit 011 investments totaled $2,228,145, as compared with $584,166 6.389 — will 1234. of as amounted Shares — Farrell, Bell $0.73 ' 558. Sept. 30— p. asset months of the underwriters of the common number of shares to be purchased art as Co Shearson, share p. _ 172, stock & shares Louisville, Ky., tion $401,576 $231,978 40,417 43,680 291,200 $0.66 ; . Pierce, Weld other communities with an estimated aggre¬ gate population of 490,000 and furnishes gas service to Louisville ana 25 other communities having an estimated aggregate total popular ■ ■■ ; 231,200 com. 255,000 to Lehman Corp.—Assets at $54.76 per Share— , names the paid. sales Net follows: '»• represents by BUSINESS—Company is an operating public utility and gas business. The company furnishes 656,576 115,000 *$229,251 50,000 Lynch. White, electric W. in fee. UNDERWRITERS—The 346,978 . and Corp., sold was proceeds the of stock common which \ . 291,200 171, Period End. plants are located in Elmira, plant was acquired with the business of the Reliable Manufacturing Co., about one acre of floor space. The Los Angeles plant is operated under a long term lease. All other plants stock its stock Standard Gas Co. outstanding $7,673,542 $10,844,983 Crl41,000 ■; outstdg. Lane Bryant, Jamesway.' purchase of the as.iets and on Feb. 1, 1949, and has owned ' . $260,877 48,039 dividends Loss—V. 1 paid shares Earnings per Regional manufacturing and warehousing N. Y., and Los Angeles, Calif. The latter are profit divs. Common also company of - • - i, -. Merrill share from per Securities 1947 1948 • *370,251 ,170,000 .*r' Common was 430,877. * state & .. Preferred manulacti'res a line of pipe fittings which are sold to jobbers throughout the United States, and malleable and grey iron castings which are sold to other manufacturers. Principal manufacturing operations are carried on in three plants, at Fort Atkinson, Wise., having more than 11 acres of floor space. The 1949 $4,834,337 taxes , - 6,494 shs. 177,514 shs. incorporated in Wisconsin on Sept. 5, 1905. It manufactures a complete line of dairy, horse and hog housing equipment; poultry and brooder house equipment; mammoth incubators; ventilating systems; electric barn cleaneis; steel sasn for farm buildings and grain bins. These lines are marketed under, BUSINESS—The \ 1950 taxes.- inc. Fed. for income $450,000. $500,000 .' 7,000 shs. 310,000 shs. 1950-59,—2 due notes cumul. pfd. stk. <$100 par stock i$5 par value) 57o Common before Prov. 1 2%-3V4 % portion no Electric Co., Inc.—Earnings— $5,550,115 Year End. June 30— Outstanding Authorized and 1397. 170, p. & $30,826 Union Beane, PROCEEDS—The $1.67 and allowances.—V. taxes, discounts Sales PRESENT FINANCING TO EFFECT GIVING CAPITALIZATION excise and (jointly). 250,000 $0.53 share Plant-Choate Manufacturing La Profit « 250,000 outstanding- common * of $31.2425 per share from Glore. Forgan' Co. (jointly); $30,837 per share from price a C. .Lengley Corp. ' automatic poultry feeder, general corporate purposes. for a — $419,285 4,674,868 offering • products, including number of. new a cleaner and an electric barn Jamesway <.2. • shares anticipated from paid Common "After $133,536 4,603,094 2 Earnings on PURPOSE—Proceeds will be added to working capital to finance an higher volume of sales and inventories resulting in part j profit named W. Boston Fenner James Mfg. Co., Fort 5 awarded the stock at competitive bid sale Oct $31,419. group was t 1949 $8,101,240 702,085282,300 $5,663,045 224,036 taxes,,^— Federal before Frovision July 31 sales_^_ from "Income Profit (& Subs.)—Earnings— Krueger Brewing Co. -6 Months Ended . Vu 'Mi, Chronicle (G.) Continue Rise— Investors Mutual, Inc.—Net Assets "^Jet assets of this corporation as at Aug. 31, 1950, were $208,743,729, as against $200,908,717 at June 26, 1950. t'The corporation presently has more than 85,000 stockholders.— L vtli'V ) w', ' 1 A-&-" .¥f Commercial and Financial Number 491>1 77. The Volume 172 U' 5 NtffVfW' Stores MeLellan Co.—September proceeds are to be uscj and for operating ar 11.7 %—— Sales Incr. Hire of common new stock has Louisiana Power & distributed.—V. 172, p. . Sales until 75'/* —V. 1234. Light Co.—Registers With SEC company-on Oct. (Ky.)—Stock Offered— Brothers and Blyth & Co. Inc. jointly headed a Louisville Gas & Lehman group which on Oct. 6 publicly offered 137,857 shares of stock (no par) at $32 per share plus the equiv¬ of the New York Stock Exchange commission. The common alent Electric Co. .....i.. 172, p. 1032. McLouth - 14 filed a registration statement with the SEC covering $10,000,000 of lirst mortgage bonds, due Nov. 1, 1980. » The bonds are to be offered for public sale at competitive bidding. Proceeds of the sate will be used for the construction of new facilities and for ether corporate purposes. The company estimates that its construction program for the year 1950 will cost approximately $11,400.000, and that completion of construction started during 1950, together with other necessary construction, will require expenditures during 1951 estimated to aggregate $10,200,000.—V. 172, p. ,134. The ' been m-"hinery 1950—Month—1949 1950—8 Mos.—!"« $4,781,555 $4,282,192 $33,014,310 $32,138,861 ' ' Period End. Sept. 30— - receipt of any dividend wliich may be declared, and because -for election of new directors cannot be put into operation Steel Corp.—100% Stock Dividend— with the 100% stock dividend paid Sept. 29 to holder* 15, the directors voted to capitalize $12.50 per shaw issued. Of this amount $2.50 a share will capital stock and the balance of $10 per sJu.ro to capitalize f' "In connection record of for Sept. each new credited to surplus.—V. Melville share to be 171, 1150. p. Shoe Corp.—September Sales 4.3% Period End. Sept. 30— Retail sales „ Period End. Sept. 30— - 172, P. $50,872,859 $51,859,05* *- Stores Co., Inc.—Sales Up 21%— Sales 'V. Lower-— 1950—9 Mos.—1949 / —V. 172, p. 937. Mercantile 1950—5 Wks„—1949 $7,502,053 $7^5,841 1032. 1950—Month—1949 19f0—8 Mos.—1949 $10,492,300 $8,671,600 $75,096,000 $68,382,50* 6 The Commercial and Financial Chronicle (1438) Merritt-Chapman & Scott Corp.—Stock U. waiting stock Court S. of Appeals undernames Missouri and in —V. 171, —V. 172, sell will company Net Ended —V. 171, charges——.——, 61 outstanding..., share applied 9 Oct. on first of sell- $20,000,000 ——— —- Co., Inc.—Sales 6.3% & will Higher— 106,734,855 769,242,533 728,875,156 Nov. first mortgage The Life Mutual cipal to sell the entire issue to John Hancock Co. at a per unit price of 101% of the prin¬ Insurance Purpose for treasury Ket sales Net pnfit of its properties.—V. Mueller Brass The Period Ended Aug. 31— Common shares Earnings per —V. 172, 200,000 205,945 205,945 $1.50 $1.35 $0.26 share— common •Loss.—V. 169, C.) (G. 1950—9 Mos.—1949 Federal Commission Power Oct. on Oct. in 3, of shares of Fiscal Net Year loss after Common •After giving *$172,380 539,138 t$ 116,755 +$509,144 589,138 535,580 Nil 80.14 $0.88 combined the to Petroleum in Co. of amount National of loss net the $332,046. A, Fiscal Refining Net t Prof it. dividends. —V. 171, Capital Ended p. 16) The stockholders the right hitch said March, common See V. price. 172, p. Co.) have Pan who might being route given by Airlines under consideration March announced transfer and 30, it of for its The until and stock board were Interest Pan- The in National, parties have Miller-Wohl Co., Inc. Piscal Year Ended •Net profit after tEarnings among which were 172, tAfter preferred dividend Cooper-Wells & Co. with it the Net carriers SEC hearing upon financing The wtre fund given this interested company's bond, Net Oct. 20, to request a debenture and common stock until persons postponed two lines fights. as after and and at being an company proposes mortgage debentures to bonds, due on sell due Nov. competitive bidding 1975, and $6,000,000 in 1970. See 1, $27,000,000 at V. also 172, p. of Net sinking for —V. Ste. Marie Sault & RR. — G. A. MacNamara, President, announces the that directors Net arrive. Earnings This * two in 172, part ago to of a when become continuing the its own car initiated program companv re-tooWI builder. by the Soo Line Fonf+ d" + %o «-Hnn«s that time 500, 40-foot Since 50-foot all steel box cars with hign tpeetl trucxs nave uttn along with 200 all steel general service gondolas and 200, 70-ton Qte oars equipped with compensating brakes. At present 200 composite gondolas are being rebuilt to all steel. Prior to rebuilding, these cars had wdoden floors and side boards. Still to be built, of those pre¬ 1,432,293 $2,545,901 1,935,964 1,935,964 $1.11 stock the New York Telephone Co., its charter to amend foni 5,500,000 shares which as tj increase 7,700.000 shares. so to Newberry Co.—Sept. Sales Up 12.2%— 1950—Month—1949 1950—9 Mos.—1949 $11,118,932 $93,653,631 $88,445,054 $12,480,844 1033. p. Pressure Cooker Co. Domestic 1950—3 Mos.—1949 $6,728,725 229,584 1,412,388 a and the to company to are be used for gen¬ purposes. on Oct. 5 of this company 1,000,000 the announced into issuance its parent, of an order Niagara authorizing Mohawk stated value that of 742,241 $21,077,787, which are to corporation bclcw). Niagara all shares of only system intermediate, Power and will fication program complete the stock with by Niagara Mohawk, and redeemed by Niagara Mohawk, Niagara Falls Co., Ltd., Power holding common held be directly transferred to Niagara Mohawk. the 1,000.000 of bonds Canadian of outstanding Falls has company owns of all in last major step the in of Ontario, The merger the capital which will will eliminate Niagara Mohawk the corporate simpli¬ of the system," according to the SEC.—V. 172, p. 198. 1,084,323 1,000,000 , $0.40 charges.—V. 171, p. corporate filed employees SEC (see $23,396,671 395,263 share to The Y. $15,689,000 Subs.)— 1,000,000 outstdg._ N. Niagara 1950—9 Mos.—1949 $6,626,705 $19,495,171 offered merger the stock (& Oct. 9 on 7,500 shares of common be Corp. 1137. 172, p. company The a " $0.23 1050. $1.41 * - Niagara Mohawk Power Corp.—Registers WTith SEC— $1.08 The — purposes.—V. 172, p. 292.> . < proposed subject • • Notes Placed Privately—The has sold $2,000,000 of 2%'% notes due 1955 and general authorized T. & T., proceeds $2,215,824 - 4% notes due 1962 to three institutional investors. The proceeds are <to be defied to pay for plant expansion and other A. Niagara Falls Power Co.—Merger Authorized by SEC 1,757,006 : National Radiator Co. company the the postwar period telephones to its lines. also common corporate with - by finance and loans letter of notification with the SEC stock (par $101, of which 700 shares 6,800 shares are to be offered H. Walker & Co., New York, and Hamlin & Lunt, 1949 3,648,117 $1.28 outstanding share taxes and 50, bank of the New York Telephone Co.. publicly through G. its built • per operating subsidiary in the York P. S. Commission on additional common stock of short-term repay •_ to are $23,137,303 taxes - sales— •After New 1236. p. 172, The $0.16 1950 preferred dividends.—V. profit Capital shares largest the by $85,000,000 Niagara Alkali Co., N. Y. City—Files With SEC— 4,302,907 income •Net . is years order -and 31— Period End. June 30— Oct. on owned covering be 3, approved the building of 400 adidtional 40-foot box cars and 100 twin hopper gondolas. Work will be done in the company's shops at North Fond du Lac, Wis., ana will commence as soon as materials 15,490,789 Telephone & Telegraph Co., its parent. will 1,800,000 new (J. J.) 122,407 782,140 common National the is sell Period End. Sept. 30— To Build Additional Equipment— and and improvement program authorized its which Commission 100% Corp.—Earnings— - per 1,998,002 already has spent more than $700,000,000 in The is $37,244,570 248,680 782,140 $0.32 taxes Federal shares 23,057,924 35,074,208 28,113,452 2,953,839 authorized was issue to proceeds add to 1949 1950 / Service Ended Aug. inctme Earnings 927,193 Buffalo, profit •After Minneapolis, St. Paul 3,439,406 2,365,755 income S 28^,756,59$ 37,278,031 322,970,906 286,829,403 29,251,454 234,040,617 225,868,206 5,072,738 53,856,081 37,903,273 42,433,202 30,489,447 8,504,349 __ $ Stores Corp.—Earnings— July 31— Linen Common 1346. <|» 37,414,525 324,350,709 136,494 1,379,803 42,568,986 ' ' 135,786 charges to American par which inter¬ $24,962,400 for • rev._ company, 11 The National Panagra for 1950—8 Mos.—1949 1950—Month—1949 31— oper. System, Pan American been unable sales Profit before Provision 1950, 1, revenues construction American Pan these then Oct. proposal. first of has Nov. York Telephone Co.—Earnings— oper. This Bell first 171, p. 2199. Fiscal Year Milwaukee Gas Light Co.—Hearing on Financing— The Gas finance the project by sale of securities to Natural Gas Co. Completion of the line is the company's application stated.—V. 172, to Consolidated by after Con¬ its $36,299,490 National Corp.—Expansion— Oct. 3 granted on the eral 937. p. outstanding Stock Issue Authorized to Parent— with named profit —V. sales of plans company taxes routes. after taxes Capital shares outstanding Earnings per share $1.08 share common net requirements.—V. u less construct to Leidy the expenses was but York-Miami New also sales Net 712,810 580,000 $0.64 outstanding-, per •Includes i 452,825 580,000 taxes shares Common Net to pay off the then NEPSCO.—V. 172, p. 1033. Commission Sales 6 Months Ended 1949 1950 $30,587,059 $34,680,313 by appli¬ shares ol ($3,933,400, Company lar so National Department Subs.)—Earnings— (& July 31— sales Power 1235. —V. •Net by $13,500,000 of Operating revenues 1032. p. $4,000,000 figure NEPSCO of 260,000 the +0 sale Maine Leidy parent, of 846, the field Operating The and reduced of corporation Operating could acquire 30%. to reach agreement on terms the equipment exchange. When reached, the entire agreement must be approved by the CAB before it can become effective.—V. 172, or which are are to be used parti¬ construction expenditures. take at least 60 million cubic feet of natural gas per day Field. The corporation has been transporting gas through an oil line which it leased temporarily. to New today and indicated American Fan National's to outstanding acquire its shares all authorization to renew for a its bank loan now outstanding State Natural Gas Period End. Aug. parties subsequently settled upon terms for stock transfer. The agreement provided that W. R. Grace <fc Co., half-owner with Pan American of Panagra, could acquire an 18.%'* of Net and by an additional payment of $283,600 out of borrowings were made in October, 1947, in connect to the The p. equipment Inc. agreement, included was National's ot and amount bank Power this to the from Net proceedings negotiating of some equipment. corporation transfer Airways the of providing Airlines parts the 1949, was this on it Eastern principal of 97% of the Association will for 1950, 11, Central amount Uncollectible get segments of National's routes. to giving Delta On given American 1949 was bidding; bidding. the of like a owner Electric company prefened stocks of company from $3.92 stock transfer terms; equipment interchange proposals. over of temporary author¬ approximately 4414 miles of Field with the company's natural gas transmission system in Pennsylvania, The new line is estimated to cost $1,582,708 and will enable the (173,326 $3.44 1Panagra). agreed competitive results " ' has Inc. those as domestic before Sept. 11 for 410 $14 per share. These shares July 17 to Central Telephone on of original pipeline 1948 178,326 of The The Federal $699,625 proposed stock Pan American a with arose sideration Stockholders Telephone Central on the' 22,455 shares sold of part at than at were Co. (other subscribe to stock shares 1949 recently of $47,000) on ization stock¬ common 178,326 Airways companies present on Middle States Telephone Co.—Rights to additional to $613,760 of waiting for completion March 30, 1949. proposed change given 5,000 shares Fed. Board complete Grace tired was Aeronautics at the received SEC 10 proceeds stock New York on 7,000 1950 30— and As and from Oct. . agreement American Co. Oct. 11 made a secondary offering of (no par) at $16.62V2 per share, with a dealers' concession of 30 cents per share.— V. 171, p. 2512. common SEC of $3.40 June charges and shares $4,000,000. was the of scheduled share to exchange 8,100 shares of common stock The of loan of hand, the and 10,000 shares shares of preferred 150,000 sale over repayment share. issuing Oct. on year 951. Civil The (Oct. In Blyth & Co., Inc. company prior lien National Airlines, Inc.—Deadline for Pact Set— Middle South Utilities, Inc.—Secondary Distribution— recently and issue 17,717 - expenses (par $100) total a Co. to and 1975, due Public Service Co.—To Renew Loan— cash 1,850 outstanding per mentioned ~, with the 11, 1947, $606,125 shares 171, Co.—Registration authorization SEC for the Gas the 1346. p. Operating was Line 172, common its after Earnings 1786. p. $100), taxes —V. operated by a new subsidiary, Michigan-Ohio formed last summer to acquire the line The new company is owned 75% by MidWest and 25'/* by Sohio Pipe Line Co., a subsidiary of the Standard OH Co. <Ohio), Tile price of this transaction was not disclosed. will be which Pipe on President, Woodward, Sohio the Corp.—Earnings— Year profit income Financing—Expansion— The pipeline Pipeline Corp., lroin Redwood leaving par, Nachman reports that all financing required for the acquisition of a 250-mile Ohio to Michigan pipeline, a moderniza¬ tion program for the company's Alma refinery, and construction of new processing equipment for premium gasoline had been placed privately. No offering of additional stock for the purpose of raising •such funds will be required, he said. L. (par Coast filed March amendment registration stock to 1950—9 Mos.—1949 $37,872,240 $37,577,393 of the additional stock and other stockholders. Proceeds reimburse to cation preferred shares to be removed from registration as of Oct. 3, 1950. The amendment also revealed that the 10,000 shares of common stock were sold at par to 200 designated persons in blocks of 50 shares each.—V. 169, p. 1336. 1948 share effect prelefred. Private 1949 1950 30— charges & taxes outstanding common per Miu-West and ♦After June with cumulative preferred stock 6% at Broad¬ Higher— Light series B, decision to per England portion purchased by the Oakland, Calif.—Subscriptions effective post a connection sold were (& Subs.)- -Earnings— shares ^Earnings Co. Ended to common holders Mid-West Refineries, Inc. $67.50 of New The close of September, 1950, as 1949.— near Mutual Plywood Corp., According 120 Dec. New England Hannon, the received 5 offered be to rata —V. President, recently announced that the stockholders future on a proposal to increase the authorized capital stock and on splitting the 131,203 outstanding shares on a two-for-one basis.—V. 172, p. 1032. this company authorized 3 price a of one in fund Payment i $4,618,831 Edison & notes, applied due amount vote sinking York, New through 1950, interest. stock. reserved be in W. of 1995. p. 14, 4 >4% and accrued Trust Co. Redemption— Nov. on 15-year 1950—9 Mos.—1949 1950—Month—1949 172, p. 937. C. Oct. 25-year common are will period from Arkansas acquire at pro The Power & Light Co. about 26 miles oi main line and distribution system serving communities in eastern Arkansas. The contemplated purchase price for the properties will be their depreciated book cost of $1,942,818. > In another application filed with the Commission, MidSouth is seeking authorization to construct a natural gas transmission system to serve additional Arkansas communities.—V. 172, p. 478. to notes stock, Murray Ohio Mfg. Co.—Stock Split Proposed— Co.—Acquisition Authorized— MidSouth Gas "$442,660 531,033 , Nil 14.48%— Co.—Sales Increased 219 stores in operation at the were of 1950—Month—1949 Gas on of par compared to 215 stores in operation at the close of September, will The $0.08 not Murphy company V. 1950—8 Mos.—1949 •Net profit $220,089 $227,456 •After adjustment of Federal income tax accruals to the higher rates provided in the new Revenue Act.—V. 172, p. 572. -- $1,816,246 531,033 $3.42 $12,652,140 $11,051,390 $98,544,475 $94,290,308 There Inc.—Earnings— 1950—Month—1949 $32,215 $35,417 31— $2.14 31, 1952, and any balance will be used partially to reimburse the company for construction expenditures. The common stock is to be offered lor subscription by stockholders 9. p. Sales Mid-Continent Airlines, Marine Midland Bedford bank notes of $44,513 531,033 531,033 $2.11 Period End. Sept. 30— Period Er.d. Aug. $2.94 lOl'/a% at 15,'N. Y.—V. 171, Commission ally 12. p. 702,000 redemption for $4,730,669 $25 The 278,022 $3,730,364 1948 SI,503,193 702,000 fund, $75,000 1960, 1, the at called sinking Oct. York proceeds 1950—3 Mos.—1949 $1,118,388 Earnings per share $4,191,137 due $3,750,000 its of Co.—Earnings— — 299,876 - —— taxes & charges.. outstanding after 1949 $2,067,002 702,000 172, p. 1033. sell issuance is to reimburse Mountain previously made for additions and 172, p. 1032. the of expenditures profit after taxes & charges Capital shares outstdg- 1950 83,949,031 1950 $1,348,351 $1.92 sales the Micromatic Hone Corp.—Earnings— Ltd.—Earnings— taxes__ proposes amount. extensions 1950—9 Mos.—1949 $1,052,360 $10,998,279 $10,044,626 Statement Effective— company States' Car Corp., has the made New 1980. 1, Net Pisca! Year Ended July 31— of New —V. applied for FPC authorization to issue $990,000 bonds, to be dated Nov. 1, 1950, and to mature has company 377 1950—Month—1949 Period End. Sept. 30— States Power Co.—To Issue Bonds— Mountain 172, p. Neisner Brothers, Inc.—Sales 3.5% Net The by this corpora¬ 382. Vulcanized Fibre Co.—Partial company be way, $ $ and in in¬ an funds managed outstanding National This 1032. 172, p. levels with Simonson, J. 1950—8 Mos.—1949 $ 113,429,642 Sales —V. H. represented period of 1949. of assets Earnings per share—V. 160, p. 1635. 412,635 133,705 $3.09 1950—Month—1949 Financing— the to I949 $2,887,779 .523,946 133,705 "S3.77 • the preferred stock now outstanding 011 $ mortgage Steel shares operation Montgomery Ward company and by which 172, p. 937. debentures SEC for authorization to bonds, due Nov. 1, 1975, 428,574 shares of additional common stock. The bonds are to be offered for sale at competitive bidding. The stock is to be sold to American Natural Gas Co. for cash in an amount equal to the par value thereof, namely $14 per share, or an aggregate of $0,000,036. There are presently outstanding 3,473,420 shares of common stock, all held by American. Michigan's authorized common capital is to be increased from 3,500,000 shares to 4,200,000 to provide for the additional shares to be sold to American, The stock is to be .-old at or prior tc the issuance and sale of the new bonds. Proceeds of the financing are to be applied to the payment of out¬ standing Bank Loan Notes mow aggregating $15,000,000), to the payment of the costs of the financing, and to provide funds for expansion of facilities and to reimburse Michigan's treasury lor con¬ struction expenditures.—V. 172, p. 754, This issue - requirements Period End. Sept. 30— Michigan Consolidated Gas Co.—Plans reported reported at over $78,000,000,—V. National 2401. p. net $1,168,781 —V. Capital $3,215,362 taxes common per 1950, Net profit after charges and I950 Aug, 31— after shares the comparable over 30, 1950 of $20,000,000, National Shirt Shops of Delaware, Inc.—Sales Up— Co.—Earnings— Public Service dividend •Alter months Fiscal Year Ended June 30— revenues Common mutual funds continue at record high nine approximately Period End. Sept. 30— 1994. income Earnings 12. p. Months 8 Gross S5,250,000 in first mortgage bonds and 20,000 shares o< S100 par preferred stock, and apply the proceeds to the retirement at maturity June 1, 1951, of about $1,250,000 of 5% nonmailable (assumed) York Haven Water & Power bonds-,' leaving it with about $0,000,000 for new construction outlays. Registrations aie expecteci to be filed with the SEC about Nov. 1. Both issues will reach the market through competitive bidding. this December 90 % Sept. were first at Sales system p. of of tion received temporary authorization from the FPC to capacity to 375 million cubic feet per day. Estimated cost of the proposed new facilities is $5,500,000, Plans for financing the project will be supplied later, the company said. its increase the Oct. on recently pany "National" for President, crease compressor facilities mission Financing— Metropolitan Edison Co.—Plans Jr., 4 applied to the FPC for authority to units on its pipeline system in Arkansas order to increase the daily capacity of its trans¬ to 435 million cubic feet of natural gas. The com¬ corporation additional Missouri In its own shops. In adaition the company recently received 75 covered hoppers.—V. 172, p. 1346. and Monday, October 16, 1950 . . National Securities & Research Corp.—Sales Up 90% Sales of volume Mississippi River Fuel Corp.—Plans Expansion— The install York New 250 new 80,000 pound capacity box cars with design and with steel roofs. cars to be adued to the Soo Line fleet in new As courts ruling that holders of common stock purchase warrants would have to exer cise their wan ants on or belore Sept. 15 to be eligible lor the stock dividend was heard by the Circuit Court on Oct. 4 and 5. A decision on the merits oi the appeal is expected shortly. In the meantime the rights of the warrant holders are protected by con¬ tinuation of the stay signed by Judge Jerome N. Frank. V. 172, p. 1346. The 1900 from years purchased the status of of a court action to clarify warrants outstanding as of that date. Trust Co.'s appeal against the lower determination for purchase two are A. A. R. of make will This the for authorized, viously Dividend— Second Circuit in New York en Oct. 10 reinstated Stpt. 15, 1950, as the record date and Oct. 16, 1SS0, as the payment date of the 40% stock dividend declared by this corporation last July on its common stock. The order was signed by Judge Learned Hand. The effect of the order is to permit payment of the dividend to stockholders oi record as of the close of business Sept. 15 without The . . a bond issue of this corporation is the statement filed Oct. 4 by the company $40,000,000 registration As previously reported, the company proposes to issue and sell at bidding $40,000,000 of general mortgage bonds, series competitive due': Oct, Net for of the SEC. 1, 1980. proceeds, together with other furds, will be used to repay $20,of bank loans obtained in\1950 lor construction, to finance ,000,009 in part the company's 1950-1951 construction program, and-to redeem ■dMWM., U'lMMVI'lUl Volume 172 Number 4951 . all of the 815,689,000 of Niagara Palls Power Company Refunding Mortgage Bonds, 3Vs'/e series due 1966. The proposed under she The V. Holding SEC quest bond has is Company given hearing a 172, issue still pending First the the before Commissiorn persons until Oct. corporation's the bond financing 18, 1950, to — The company covering writing for the filed 4 shares of 675 share per Oct. on stock common of 171, Halvern p, account involved.-—V. letter a of $Ii (par L. SEC— notification to be with offered director. a The Arkansas P. company's and general for of Of be the sold 334 % that and —"V. retire 167, in under¬ The proceeds, repay entire 8225,000 parent 5% of will will United SEC be due amendments the bonds 21/s% The sell company to $225,000 Co., Des at See to will Moines, The la. to apply Nov. 1, lien gold of the 1950, Ggs to issue and of its 5%% due 1957, the at Gas & Electric by North North Penn redemption its reimburse purpose.—V. the treasury 172, the parent,, also Corp., Penn for on for natural gas of heretofore expenditures storage 8776,335 made for Net. income 'Includes $4,198,881 -425,578 non-operating ing income of $325,023 income in 1950 126,167 of and $2,193 in +123,008 t274,685 tlncludes $325,601. 1949.—V. Corp.—Files With corporation 7,200 be offered in share Corp., on of latter the Oct. 2 on shares of a for filed $15 letter of a notification share basis. Of the outstanding Northern Illinois Corp. company, with the be submitted called be utility to company stock common in issue SEC 96%.—V. & corporation 1 George . - film D. for C. Brush, interest in Polyethylene the film & complement its production of cellophane Stop 167, has £FC the profit before income Federal Net is Whiteside, Collins R. taxes 170, 1949 $222,492 G. I. Ore.—SEC leum and In given interested registration a Simons, P. proposed a until persons Oct. statement doing business public offering participating interests in or an of George covering shares misleading erates at oil-well an the as the bar a to filed by to Ralph Northwest promotion Mon-O-Co conducted and sale public & $223,013 drilling A. of 447 venture. incomplete." of the The securities the and until which Oil held drilling some op¬ unless deficiencies found oil and operations Wyoming and leasehold gas without Montana of recovery drilling undertook of to oil wells furnish these on $400,000 "shares," or order raise would the to $223 500 of turned be about retained be to was According 814.0^0 which of Mon-O-Co's meet to 40% which of with under drilling and used by sold drilling the of for the public selling expenses) further drilling and 697/ p. ' ■ ; acquired, share each nev; interest in the For 1/3000 promoters' V2 the of the V:';"'.* '■■■ - purchaser share of to dis¬ receive enterprise.—V. Period End. Aug. 31— 171, y See V. Uncollectible oper. Operating 22,450 810,423,773 Operating revenues Operating expenses 1950—8 Mos—1949 89,016,279 $76,704,863 $68,971,315 -22,588 rev._ 180,010 $8,993,829 $76,524,853 157,210 $68,814,105 7,366,728 6,774,873 56,704,181 52,711,959 1,661,484 - taxes oper. 1,152,326 9,302,911 8,575,584 $1,066,630 $10,517,761 $7,526,562 Net charges after —V. 172, ___ __ Associated Telephone period End. Aug; 31— Operating —V. 172, .$302,711 927 832 6,048 6,570 $411,573 $301,879 $2,636,197 $2,369,164 290,722 247,891 2,216,346 1,814,814 revenues __ $2,642,245 $2,375,734 50,185 28,167 219,268 278,066 $70,666 825,821 $200,583 A. 47,657 14,245 50,062 Oct. at & shares Co.—Offering to Stockholders Underwrit¬ ten—The company is offering to its common stockholders of record Oct. 11 the right to subscribe for 396,571 addi¬ in the held. The ratio,of additional share for each one share, per ten shares The rights to subscribe will expire Oct. 30, 1950. offering has been underwritten by a group headed awarded the stock pensation of 19.92 cents Four other offers per made, were Oct. 11 on its bid for on a Power of Pierce. 33.789 Fenner cents, & and Beane Morgan PROCEEDS—Proceeds for the and Stanley from the & Peabody Co., 48.9 & Co. (jointly), cents per share. Co. by Inc., a prop¬ decided the & Certain their Light shares owned was Co. retain to Power common Stearns & Co. entire outstanding Bear, which of Light in the possibly common Hughes & - 4,000 Inc. 4,000 Reinholdl 4,000 Pont 10,000 & H. 4,000 Co.— & Rice V. Sattley Schoellkopf, 2,500 & Scott, 1,000 Shields 6,000 Robert 2,500 — Co. Sills, Co I. Smith Starkweather Stein Stephenson, Bros 1,500 Inc. Co 7,000 7,500 Oo._ & & 2,000 & Co., Staats R. 30,000 Co._ 7,000 Co.__ & William 7,000 Boyce— Ley decker Co. 4,000 Harris, & — Simon 30,000 Co 1,500 Fairman M. 4,000 Inc.- 1,000 7,000" Showers 4,000 Co., 4,000 Inc.— Co., Co.— & Frank S. 10,000 — 7,000 — & Inc. 6,000 5,000 1,750 Inc.. & Mason, & Inc. Co & Homer 2,500 2,500 —— Co., & Shaughnessy Co., 1,000 Inc Hutton Inc. Porneroy, 1,000 Co Co & Co., Company & 1,750 Inc. & Co., & Rona 4,000 & Gardner & Robbins D. L. Russ Co._;i0,G00 Sons & Company & 5,000 : 1,750 Stone 2,500 Straus 61 Blosser 7,000 2,000 Stroud & Co., Inc. 4,000 Swiss 5,000 4,000 Graves & P. & Co Lunt Harper ' & '■ Inc. Waldo Co Parsons & Co., Reid Wagner & — Westheimer & Co 4,000 White, Weld & Co J. 7,000 Wulff, Williston R. 30,000 1,000 Co & 28,745 1,500 Richards & Co 5,500 Hansen & Co Yantis & Co., Inc.— 2,000 Zuckerman, Smith & Co.— Inc._______ 172, p. 2,500 — 3,500 Co & 2,500 Inc. Ebinger, Inc. 30,000 Herman Hickey Durst, win Co & & Walston, Hoffman & Good¬ 1,500 Co & Hentz Henry Corp 1,000 Graham, Noyes, 3,500 4,000 15,000 Co & American ..Wagenseller 30,000 & Hemphill Hemphill, H. Co., — Hayden, Stone , & Youngberg Underwood, Neuhaus & Co. 2,500 Ripley & Uhlmann & Latshaw Inc.— & Son co. 1,500 F. 10,000 1347. S. Packard Motor Car Co.—To Reduce Shares— H. the by members of parent company, the purchasing with the Pendleton, of 25, the; company -of a to to service of 750,000. 142,814 share a recommend the to the on board the directors of of PROGRAM—The contemplates expenditures improvements. company's for expected The at estimated at $5,500,000 required in $6,494,300 for be by required to the issuance improvements, and for electric distribution the that and sale 1951 the out carry such additional which are in 1951 will as series.due notes time and AS OF 1 JULY from time to 31, due of time. There fchares 750.000 shares include not July of shares of 29, $200,000 1951. common to common stock 2,625.000 stock payable +On July without shares, were It ' 9,000,000 in operation at Sept. 1949,—V. 172. o. 1033. 1950, 30, stores September, compared early which of next are on year be to Financing— 4 that the company plans Issuance and about $10,000,000 of new bonds, the proceeds used toward its construction program.—V. 172, Oct. of 1236. > Peoples Drug Stores, Inc.—September Sales Up— 1950—Month—1949 1950—9 Mos.—1949 $3,686,271 $33,676,480 $33,935,004 Period End, Sept. 30— iSales 142 $3,972,326 —— There were ago.—V.I 172, year a Stores 141 in p. operation at Sept. 30, compared to 1950, 1033. Philadelphia Transportation Co.—Tenders— :until 1,750,000 shs. Girard 1950, 31, Trust (EST) noon Oct. on Co., trustee, Philadelphia 2, Pa., were to receive Oct. 13, 1950, tenders for the sale, to it as of of first and refunding mortgage 3%% bonds, series B, amount sufficient to exhaust the sum of face value and accrued interest. Notice of acceptances or declinations as respecting such offerings "will be mailed not later than Oct. 16.—-V. 172, p. 111. Dec. $89,.767 1, 1970, prices at to an not to exceed 90,036 shs. 2,625,000 shs. 1951, and $200,000 authorized number was increased from Jan. 29, 1950, the on par and in $ 86,007,794 reported was sale- due *2,400,000 changed 13%— $ 1950—Month—1949 1950—9 Mos.—1949 76,083,683 619,944,774 581,662,229 30— 1,610 were 1,605 The 114,815 shs. 18, $ Pennsylvania Electric Co.—Proposed * . ($29,000,000 1957— to pfd. stock, cumul. ($100 par value) tCommon stock, without par value— "Does ....... Penney Co.—September Sales Increased - -.with be Outstanding i j 1952 5% payable on Co., Period End. Sept. 1950 Unlimited :—) 1980 (2% ) business connections in this country special partner of Merrill Lynch, Pierce, Fenner a director of Electric Boat Co., Acacia Mutual Washington, and Canadair, Ltd.,- Montreal;—V. the mortgage bonds— 1977 a also $ program. securities Authorized Serial is numerous ' facilities. construction required amount of at the CAPITALIZATION series, due . 2532. p. (J. C.) - company deems most desirable 3% • is he and Insurance 169, p. additions for anticipates company provided abroad, The comnfitte acts in an advisory capacity to years. Himes' Mr. Beane, Life addi¬ that any additional financing will be It is estimated that approximately $3,000,000 of new 1950. will Co. C. A.—Himes Elected Chairman— declaration not expect does Effective contemplates expenditures construction program be made principally to company capital 1951 of management. and ,& and company's number a the construction 1£50 1347. p. a Pantepec Oil paid was management the of 172, World Airways, Inc.—Merger man customers. stock common intention present proposal to change shares, by issuing Joseph H. Himes of Washington, D. C. was on Oct. 10 elected Chairof the stockholders' committee of which he has been a member ' ' the a held.—V. each five for on 3,000,000 to 25, Sales is vote to 1236. .p. On quarterly dividend on the common stock in December, 1950, at the rate paid on Sept. 35, last. .estimated "The electric Inc., that the stockholders at the stated the purchase of the assets of American Overseas Airsubsidiary of American Airlines, Inc., as approved by President Truman and ,the CAB, was consummated when a check far $17,450,000 was given by the company to American Overseas.—V. 172, utility population 1950 Sept. served, the larger communities being Wash, and Portland, Astoria, Bend and cents It CONSTRUCTION On linejs, 2 asked 15,000.000 exchange in Oct. be from Pan American - on may stock is Walla, 27.5. 1950. public of meeting share new Among electricity in the States supplies steam heating service furnished J Ore. dividend Sept. on Walla sale President, Ferry; annual outstanding ,one company. operating an estimated communities 91 and is and an the holdings totaling 671,256 common which comprises the balance of by J. next Co. issued coxnpany generation company of Yakima asked offering will be used by the company from Amer¬ represented by The purchasing issue of Pacific investors 16 of group and acquired all & Pacific the 31 total A Boston of its $72,100,000 construction program and to the extent of $1,200,000 its investment in the purposes for increasing Kidder, Co Evans Hari-jmpm Ry. Co., sale of the engaged of Oregon and Washington. It also in Portland, Ore. and Yakima, Wash., and water service in Prineville, Ore. The area in which the company furnishes electric service approximates 3V4% F'rsf & California Wm. 11 Light Light Co., primarily First share. follows: operating the Co., L. Co.— Gordon Northern involves sen, Hamlin - for com¬ Corp., Lazard Freres & Co., Union Securities Corp. and. Wertheim & Co. (jointly), asked a 23.724-cent-per-share compensation; Glore, Forgan & Co. and-White. Weld & Co. (jointly), asked 32.998 cents; Merrill Lynch, as Great part of the shares purchased last February jointly by Lehman Brothers and Bear, Stearns & Co., who were the of sale the is 1,750,000 The (par $8) at $28 to & have group the on & Co., that time American tions stock the for Co. transaction 2,500 & Hallowell, Sulzberger & Co. to and 1950, 4,000 C. Hill, Allyn program common pur¬ Port underwriting syndicate headed jointly by Brothers, Union Securities Corp. and Dean Wit¬ stock Power same 1236. tional shares of 1, Sept. the 754. p. Power group 179,960 Ohio Edison RR. This stock capital 172, C. $276,284 p. company by 1,000 Co.—— Writer & ChristenInc. Rauscher, Pierce & Co. Inc. Co,___. Goodbody & Co._ Granbery, Marache & publicly, offered 1,078,744 shares of common stock (no par) at $14 per share. This is the first time since the company was founded in 1910 that its common stock was made available to the general investing public. The shares do not constitute new fi¬ nancing .by Pacific Power & Light Co. and the company will receive none of the proceeds from the sale. A. income—___ taxes the issued be conveyed were 7,500 25,000 Co.—. Co Pacific Power & Light Co.—Common Stock Offered—-■ July 1950—8 Mos.—1949 - $412,500 .expen. es oper. after Co.—Earnings- 1950—Month—1949 Coast approval. 8,600 square, miles, charges—- Operating Net 6,123,403 rev._ oper. Operating Net 7,943,166 —. revenues Uncollectible Operating 888,996 1137. p. Ohio $1,395,561 1,140,142 income—_ to dated are reached been Pacific ICC BUSINESS—The Net which in bonds bonds company California- of Raffensperger, Co., & & —V. ican Co.—Earnings— 1950—Month—1949 810,446,361 Operating revenues transaction a revenue The 1,000 5,000 Goldman, Sachs & Co the of 7,000 Palmer Peet O. Peters, 3.5Q0 Fvidley & Hess Glore, Forgan & incurred. $1,700,000, after some balance sheet adjustments. This price does not include $922,000 received by the subsidiary for part ■ of the waterfront properties, so that the total realization for the propeities of Pacific Coast RR. Co. amounts to $2,622,000, and the book profit lor the two transactions over $850,000. The Northwestern Bell Telephone the to ter & Co. $112,000 would has agreement erties was liabilities incurred in connection with the enterprise, and up $58,500 may be retained by Messrs. Blanchard and Simons person¬ ally. purchase. Sept. 1, 1980. Corp.— Clxapixian & 10,000 Securities Northwest S. H. Co Ewing .& Fitzgerald A nation-wide operations, Simons be properties Co. Pacific Irving J. A. & First the. stockholders, to Pacific 4,000 & Co. & Co Roger 1,500 . Fewel Properties, Etc. will mature Of the $1,800,000 bonds, $922,000 was paid to the Pacific Coast RR. Co. for its portion of the properties, leaving that wholly-owned subsidiary owning only operating properties and some undeveloped land. in charge to the Lehman offering to of Seattle in $1,800,000 of 3% and operations proposed Blanchard Messrs. to expected waterfront Port subsidiary's promoters. $39,000 Mon-O-Co be for the statement, (after to be to was requirments by each registration over may ,the finance subject and was to receive 50% of Mon-O-Co's net profits from any oil recovered. In July 1947, Mr. Blanchard assigned Vs of. his' interest to Mr. Simons and V3 to another person, now deceased. Under the arrangements, their rights were to be divided into "inter¬ to are Seattle sig¬ any tracts for in purposes 20% taxes The and interests The promoters entered into an agreement the B anchard tracts in certain Corp. regarding Mr. ests" gairis chased order stop recent in to report 2,500 1,000 10,000 Co Fairman 2,500 Co 4,000 7,500 du C. 1,000 & Murch Coast 6,000' Inc. 10,000 ' Deetjen Clement the company an¬ consummation of. property transfers which indicate a excess of &850,000, on which 110 important capital profit An involves nificant amounts of oil. Mon-O-Co supplementary a book Petro¬ share per re- Commission. The which other 1950, 18, as $500 registration statement is amended to correct had In accompanying decision, based upon the record of a public the Commission daclared that the registration statement "is hearing, grossly inaccurate, by Issues of Waterfront I Co Edwards Este 1,750 Co Wells H. Ohio Pacific Co & Co. & Sears Farwell, Co.—Sale Maynard 15,000 Co & Co. & 137,000 1499. Coast Mullaney, 5,500 Co Milwaukee Mcjia & Emanuel, $2,134,604 360,013 __ Morgan Warren Weedon Davies Allen p. The 4,000 Co.,' Inc 4,000 Detnxer 136,300 —_ McDonald-Mooi-e The _ Crowell, In¬ $2,036,961 358,792 ; taxes & Co. (Inc.) Cooley Inc. A. income & McDonald & Conrad, Bruce George 2,500 15,000 Inc. McAndrew Cp., Inc.— Co. 10,000 7,000 Corbett, & Mason-Hagan, 1,750 & Co., Sears.' Inc. Clayton Securities Julien Burns 4,000 Co. l,7i>0 Co Brothers Mason 1,750 & & Co 5,500 & Francis sales on Co McCarthy Cassell Chace, now Olin F. Langley & 2,500 Sherrerd Phillips Co 1,000 Co.— & O 1,750" 10,000 Co & 6,000 Co.__ Fitzgerald; fix 1 tnc. C. of sale 1950 profit —V. nounced effectiveness Blanche rd the Portland, Order— The ing of & Nongaid 2,500 Inc. 4,000 Co 1,000 Shumaker, Kormendi Martin, 4,000 Co.„l_ 1 Central Republic Co.—Earnings— Six Months Epded July 31— Provision for Co., & 3,000 4,000 ' Co.— & & Kidder M. W. Brothers Cantor, Harwid will cellophane.. Olin's plant lor the being constructed at the Ecusta Papex Corp., subsidiary of dustries, at Pisgah Forest, North Carolina.—V. 171, p. 1786. Profit Lester 1,500 in growing new plastic material used for frozen foods/soap and small machine parts. as 1,000 & Co —„ Johir Slocumb Butcher Joyce Cohn A. & & Inc. 10,000 Brown B. 2,500 Cq._t_ 20,000 & Jones Kotcham Broome - John 4,000 Co 4,000 Co.__l__ & Lemon C. 4,000 Brooke S. Johnston, Robert and & Co.— Johnson 4,000 & 5,000 Bond Corp. Co. & 10,000 Co Kirkland H. R. Kiser, . interest Jenks, 2,500 Hurry & Sullivan & Ferris Petroleum, B. Campbell, • substantial offered purchase Co— Share CompanyBonbright & Bradford Byron fast a & & Illinois 15.0G0 Inc. __ C. Brooke to be dissolved by Oklahoma are Guthrie a Indianapolis . Co. Gulden and Stockton Inc.—Acquisition— is Inc & Walter BoSworth, companies. purchased to Shares 98,333 ___ Byrd has whom to now agreed below; The . Co. added. Pacific Northwest Co., Becker Boettcher 329. p. G. Boatwright, 32,200 exchange stock has 98,333 Corp Inc. the forth 2,500 J. value par Adams Bingham, for . each Hirsch Co. such for outstanding. corporations or common which 1,500 was 1367. p. common Co.,, Kingfisher Gas Co., Oklahoma Central Gas Co., Corp. The latter is a pipe-line company in Crescent, 172, Olin's stock common owns now to to M. A. by Oklahoma outstanding common are Securities Battles Fuel packaging such products SEC—Acquisition cumulative preferred stock (no pari to like number of shares of Friendly Finance a new the set are theretofore firms 98,333 Co. 1347. p. $1.50 exchange for shares outstanding proposed the .meeting authorized 10 four Gross The covering proposed amendments thereof selling stockholders Draper, non-operat¬ 172, 605,045 now selling Allison-Williams giving upon the 1236. p. Oct. on of Outlet Illinois Northern holds the 1.750 Arthurs, Lestrange & Co._ Ball, Burge & Kraus_— 15,000 The Bankers Bond Co., Inc. 1,750 Bateman, Eichler & Co.— 12,500 order hearing stock the of are shares share of & Olin $3,901,182 taxes after charges-—-—__ and 1950—6 Mos.—1949 $693,581 172, of Polyethylene 1950—3 Mos.—1949 - revenue_._-.___.w__ Union Cambridge, Mass., a leading manufacturer of Polyethylene film, jointly announced on Oct. 9 by John M, Olin, President of Industries, Inc., and Harry H. Gilbert, Chairman of the Board of Harwid, and R. Widmer Hubbs, Harwid President. There will be no change in the present Harwid management or sales distribution, it it > Airlines, Inc.—Earnings— Period End. June 30— Gross sells Co., . was Northeast which Common a stockholders Olin Industries, price interest, for and Proposal— an a of each Brothers Caldwell, 1347. p. of V. stock General Okla.—V. authorized was without account, open purchase parent, majority of Oklahoma, and shares plus series $150,000 to used to all request stockholders Dean Witter, & Co on of for names Shares company. 1,210,090 charter by special also Utilities and The advance to be and authorization . Pennsylvania such SEC this Co., The companies acquired and promissory notes, maturing in 360 days, treasury cash to the redemption on outstanding $2,992,000 oi first mortgage and proceeds bonds, 10112'i to received 5 generates the Lehman 1236. p. issuance to Oklahoma of stocks a stockholders additional Oct. shares new supplies Youngstown Proposed Acquisitions—, be Gas Co.—Bank Loans Authorized— on by acquire approval preferred approval banks $3,000,000 of 3% to and Penn to Oklahoma. ' The outstanding North 172, the 16. -1950 Electric shares of subject and out¬ bonds and Life Bankers to Oct. proposed & 1.076,900 authorization are the 1957, Co. Akron, Co.—Hearing announced 5 until persons stock used from and company, mortgage Insurance of and systems also company Co. Power Pennsylvania.—V. Oct. on seeks first advance debenture first be Life The sections Pennsylvania western distribution own Ohio. business • long-term, a Inc., their in downtown Ohio. Standard" Gas of advisement $450,000 owning companies the Springfield, purpose. mortgage 1925. p. the $225,000 American general the to Co., issue ip Oklahoma Gas & Electric Financing— took under 26 to electric heat 7 aggregate stated value, such change having been made at the 3V2 PURCHASERS—The E. 84.50 amount. issue new to Of Works to Sept. on authority $150,000 Water $75,000 standing in for bonds. additions, American balance Commission mortgage property the S. application of from associations other 4 charter the same rate the number Interested North Little Rock Water Co.—Private the use SEC at No would and 2513. Norris, Pennsylvania Power Co. which $19,000,000 construction program. its selling electricity the subsidiary, for the to * Oil Co., Ventura, Calif.—Files With (1439) cooperative re¬ proposal its of funds steam Norris i"W» !' BUSINESS—Company is engaged in the generation and sale of electricity in 569 communities, as well as in rural areas, in Ohio, and in the sale of electricity at wholesale to 22 municipalities and 6. rural 1236. p. nfJWI-'tf « stock and Act. interested upon iW Vi'i'fi ' M«V The Commercial and Financial Chronicle . . ArAiW, ! «!***»# 1 ilW'I.IIIIWlt .' '*WMwUiSMWHH*Mf I value the into then outstanding 1,750,000 shares 500,000 having J Philippine Ry.—Bondholders Committee Seeks De¬ posits— The bondholders' committee, 30-year mortgage 4 ipttpr hmirihniriprx tn sinking nrcine representing holders of $2,517,000 fir^ fund t.hp gold dtDosit bonds, of on Oct. additional 3 mailed a bonds with 8 The Commercial and Financial Chronicle (1440) the committee. principal The by prospectus. a bonds are presently outstanding, held by the Philippine Government. the believed are is accompanied letter of amount $1,273,000 Fund $8,549,000 of which the the islands of Panay and Cebu in the receivership since 1937, when the principal of the. bonds became due and was defaulted. Foreclosure of the underlying mortgage was enjoined by the Supreme Court of the Philippines in 1937. However, by resolution dated July 20, 1950, this court has now ordered the parties in the receivership proceeding to advise it whether they have any objections to the sale of the The which owns lines Philippines, has been in about Nov, that now 18, 1950, auction an assurance that be the set by substantially is It sale is of fair a price, upset increased. , present intention the unless reasonable a fact the that the of of bonds been Philippine accepted price, upset any deposits committee's is It will be Feb. -9, still the for Robbins a committee the firm Oliver C, are Scovell, of Wellington Co.; member Park Hall Mc- do public plan not reoffering 6,797,535 544,000 2,781,000 Net shares Earnings $782,181 per $4,016,535 $2,122,641 834,319 $0.93 '$1,652,368 income ■•Period End. Sept. 30— :■>. p. 834,319 $4.81 834,319 $2.54 834,319 $1.98 outstdg. share plans company construct to 1950—9 Mos.—1949 $3,713,131 192,500 127,100 A" $0.28 period End. Sept. 30— Sales 172, $0.43 : Net $1,432,974 $11,839,442 $10,709,712 $1,823,329 1138. p. f . —— - income after charges and shares outstanding Earnings per tax taxes for Federal income taxes- — profit $3,909,427 dividends paid Southern Jan. shares — •=■112,179 661,150 ■A/, $0.64 adjustments.—V. 172, for fiscal the V. Gas spiling down each The Co.—Proposed Private bonds fund XU % year will for Financing—- depreciation to cost sales of 1950 year and of and due be 25 hive been retired. The mortgage paid will the of total will contain earnings be remainder the to the next life the terms to Oct. times iy2 1, the 1950, buildings,for be the benefit of under certain conditions for issued the proceeds from the to not bonds, Additional exceed a total Portsmouth expenditure be used to of the pay $315,000. of cost pro¬ 'it$'~ customers' ' /*■' appliances to''.natural gas and necessary property ^ • ' / ' - v; above, Portsmouth estimates that it will require substantial amounts of additional cash for expansion of its system, and that these expenditures are estimated to exceed the additional capital to be raised through the sale of its bonds. Portsmouth presently estimates will require approximately $100,000 of new money in 1952. presently intends- to raise such sum through the issuance of additional bonds against property additions. If it is unable to do this, it will either curtail its expansion program or raise addi¬ tional capital through other methods to be determined at the time. Portsmouth CAPITALIZATION BEFORE & AFTER GIVING EFFECT TO FINANCING Outstanding 1st mortgage ..due Notes 6% Oct. 3V»fe bonds, 1, due series and Nov., stock ($50 par 3,701 shs. NOTE—See also 19,200 shs. Commonwealth' Natural Gas 11,700 shs. -'V ' '• •' 161, E. Depinet, President, on Oct. 7 announced connection with the Trenton-New- Brunswick Theatres Co., which The trustees of the Storrs Estate are; Richard Huber, Frank Hirst, Allan Wolf and The Chase National Bank of the City of New York. Reade, Jr.—V. 172, interests p. are Walter Reade, Sr., The below.—V. and Net profit Common 166, after shares ♦Loss. per 1949 taxes— preferred $9,003,700 568,885 $404,100 $4,485,828 $3,509,102 467,669 373,902 3,256,541 2,782,125 to selling stockholder.—V. a 172, ' $0.29 requirements.—V. before & Engineering 172, p. -195(j Net $5,141,677 *54,796,606 1,237,021 outstanding 1,589,321 $4,061,789 1,345,570 1,345,570 $2.56 $3.02 $2.38 171, p. 364. The a company quarterly of Sept. 29 paid dividend of 75 cn cash record Sept. "Net earnings from of tEarnings 15.—V. 50% a share per to dividend, plus stock¬ common 2612. Co.—Stock 63 Subs.)—Earnings, Etc.— the on in 1950 preferred stock 36,520 Net Gibson 1950 and of earnings income stock. tAiter taxes. Includes profit out rowing or of cash 011 hand and will change in the present loan completion of the retirement a not capital 1949 172, in the for turn owns Realty The of Hotel Sheraton Gibson substantially all The-effective Co. Gibson Corp., Hotel was the and of date July of this the additional preferred 172,192,466 666;443 26,306,873 21,847,468 195,358,830 171,526,021 20,035,732 17,718,473 149,872,395 140,347,071 2,287,099 25,163,905 18,187,254 2,438,661 1,841,890 12,991,696 1,982,234 1,296,153 20,322,530 16,306,379 9,162,426 reported of Oct. on sale to are that 11 December in be of of 2201. planning the the pro¬ bonds, new construction its Financing—a is company $6,000,000 for used this program.—V. 171, $ This company has announced formerly General Sales Manager, John P. Miller, is company the election John of Vice-President as Treasurer, as producer of a a wide and variety R. Riley, charge in Vice-President Jr., sales, of Treasurer. chemicals of fo* industry and agriculture, with plants in Pittsburg, Kans.; Henderson, Chicago, 111.; Charlestown, Ind.; and Parsons, Kans.—V. 172, Ky.; 1139. p. Sperry Corp.—Definitive Debentures ReadyDefinitive available bor¬ that date the of have company acquisition been May was included Cooperative Shirlington corporatioh covering ($50 per Bank —V. 172, Oct. on 6,000 share), the exchange in Trust Co., for Gas Electric & —V. 172, p. 1349. *v . Standard 425 were a year 437 filed 4 shares only A;•{:. on since Oct. 5 at of units letter a common of in V. in stock The be to proceeds 90 Co. of Oil Ar¬ with offered are to at be the par used $4,415,617 $29,253,489 $26,847,173 30, & debentures, and Co., p. acrued without which interest, the. benefit Co. (New Oct. 11 made on \ second¬ a 172, 1034. p. Jersey)—Secondary Distribu¬ quickly oversubscribed and was the books closed.—V. 172, p. 939. Oil Co. Standard The plans company plant its at of consist crude p. No. two (Ohio)—Plans Expansion— to construct $5,500,000 a were of a Television notification V'A filed stock public>y offered quickly placed by selling group. See ?' ■ ' - 29 with is to be A . oil distillation in units, oil daily, is Standard Thomson Corp.—Earnings— Quarter Ended Aug. 31— $1,757,000 102,799 103,456 499,687 499,687 $0.20 $0.20 Capital shares outstanding 499,687 Earnings per share.—^ of V. orders 172, Webster, N. of Sept. as states the company's 1139. p. $3,295,279 $7,821,062 659,510 491,489 1,269,066 970,420 250,000 158,500 440,000 330,000 $409,510 $332,989 $829,066 $6,328,582 • inc. taxes Fed. profit s paid 357,730 $640,420 298,180 outstanding 596,216 596,216 share 81.39 $1.07 Common dividends Common shares Earnings per 172, 1950—6 Mos.—1949 $4,268,622 Fed. before income taxes for Inc.—Earnings1950—3 Mos.—1949 — profit —V. that backlog 1950, amounted to approximately $4,700,000.— 30, sales Prov. $0.47 — President, Sterchi Bros. Stores, Net 1948 $1,494,000 234,591 profit after charges and taxes— Reginald 1949 1950 $2,123,000 —— common 1349. p. Sterling Oil & Gas Co.—Offer Extended— Gas Tennessee Stone This Transmission Co. below.—V. < . p. 1238. corporation and Seaboard Container Corp. of Philadelphia/Pa., Pulp & PtU)ef Cq. of Mobile, have purchased the fixed assets of Mobile The Inc.—To the SEC covering withdrawn.—V. 172, A*'" 172, Container Corp., Chicago—Acquisition— Ala. Productions, June (per $1) crude Cleveland, O. The plant, which will each capable ol running 22,500 barrels scheduled for completion by Nov. 1951.—V. 171, refinery 1 complete 2515. See were com¬ dealers' discount of 90 cents, by The First a Corp. This issue Sold— A 1348. shares of common '-A * u'A-- A': 'AAA''' 1. a 1950, compared 1034. Withdraw Letter of Notification— 199. Gas A/'* v v fA. :s 1 secondary distribution of 22,000 shares of share, less Boston Net mm 33/s% of 172, of Louisville stock (par $25) was made on Oct. 11 at $85.87V2 per Co.—v. letter" York. California—Secondary Distribu¬ the books closed.—V. tion—A the 1950—9 Mos.—1949 operation at Sept. 172, p. Simmel-Meservey •The the at distribution of 17,000 shares of common stock (no at $75.75 per share, less a dealers' discount of cents per share. This issue was quickly oversubscribed Sales Inc., notification Power Co.—Debentures 101.27% Peabody now are New par) Hotel Sinton Store, 1950—Month—1949 retail $2,500,000 offering St., ary the of America (& Subs.)—Sales Up 15.88%— before.—V. Kidder, Sells — * A-.:'* -A1A r:' •: Oil Period End. Aug. 31— underwriting. without Sierra Pacific The 1969, 1, debentures William 22 Co. tion—The First Boston Corp. 1950, 1, 1950, and earnings that date.—V. 172, 9, Department $5,116,655 There due June temporary trustee, 1139. p. .A-A- Net Shoe Corp. p. sinking fund debentures, delivery Fanners liquidate existing indebtedness' and for working capital. to 150.000 stocks, 3VaVo for City The 112. p. Offered arrangements. of 724,698 1034. p. was of period. approximately effective for which Cincinnati ol control for gains, Nov, necessitate ..jj ■' 82,386 3,832,480 which $0.29 providing from period and four cents in the Period End. Sept. 30— 15, next the 4,707 Shares of 6% pfeferred stock; series A, par $10, and the 10,337 sbirfes df 6rZr preferred *tock, serietf-B, par $10, at $10.60 per'share plus* accrued dividends to Nov. 15.' The preferred stocks will be retired -$ 90,585 rev.. income... charges and 37,890 by Cincinnati Realty Co.) are included" only from" that date. during the current period, Sheraton Corp. of America ac¬ 65% ol the common stock of-Alms Hotel Corp. Also The Corp. stock acquisition ■ on 1950—8 Mos.—1949 190,083,528 tuxes after —V. 1,514,437 $1.19 Federal preferred the $467,205 1,501.867 share—; for 1949 $1,792,917 shares common provision cents common Nil > .*.((■?!& -A) • .o- a ■. V}■* ,1'' '• '" Republic Investors Fund^njc*—To Redeem Preferred— votetfHo -'retire, 242,290 21,929,854 oper. mon • 10 498,291 20,397,458 oper. Standard stock common cents 171, p. all sources—1 common per dividends to Oct. 29,125 339,-44? • Corp.—Pays 50% Stock Dividend— Number of shares of $1.25 plan approved by the directors on Oct. 6 the company is offering to their 360 key employees in the U. S. A. and Canada 9,090 shares of its common stock at $33 per share.—V. 172, p. 1348. on $387,530 1950—Month—1949 '"AA$ v $ Operating revenues Operating expenses and Sharon Steel a directors 554,428 $674,934 75,462- revenues Uncollectible 5,651,110 $3,446,534 1,345,570- share per 1948 $5,918,211 <, 1.350,072 $3,196,973 shares Earnings —V. inc. taxes profit Capital A 1949 • $4,846,582 Provision lor Fed. & State 665. Employees— Through 40,333 $49,805 Stock Holdings—See Louisville Gas & Electric Co. above. * taxes__—;4,433,994 income Sales Electric 94,178 1348. p. Corp.—Earnings— income Profit 1,447,294 •_ dividend Cr 75 $98,916 .''? Operating The *546,774 1,736,753 outstanding : share_.___ ' Upon '* $060,738 __ Spencer Chemical Co.—Officials Promoted— common Months Ended Aug. 31— 9 Total SEC 1950 common tAfter Reliance Hie $3,520,102 11,000 Southwestern Bell Telephone Co.—Earnings— 1950—8 Mos.—1949 * '• 20,675 charges ceeds 2564. p. : t proceeds go The $17,834,124 tEarnings I $4,506,503 3,500 income Standard Walter Raytheon Manufacturing Co.—Earnings— sales 1950—8 Mos.—1949 $467,600 2,725 rev,_ 172, p. 1238. Net Net 98.— No. Co.—Earnings— Southwestern Gas & Electric Co.—Plans 30— 1950—Month—1949 Shamrock Oil & Gas 383. Quarter Ended Aug. 31— Telephone 1950—Month—1949 taxes issuance lington, Va.—Files With SEC— ■ Associated A Period End. Aug. 31— 330. p. Co.—Secondary Offering—Smith, Hague Detroit, Mich., on Oct. 4 offered, and quickly sold, (Owned Reade certificate B. A. of stock (par $5) at $16.25 per share, less a discount of $1 per share. quired will here¬ jointly owned by RKO and the Storrs Estate and the theatres ■will be operated under the management of RKO." chief stockholders to Corp.—Acquisition— Corp. 3,083 9/10 shares of Hotel follows: as C. $663,464 oper. oper. after Net —V. Shakespeare & Co., after be The 172, dividend these operates 12 theatres in Trenton and New Brunswick, N. J. ''As a result of the settlement, the latter-named company v V. See stock ACQUISITIONS—During the three months ended July 31, 1950, corporation acquired substantially all of the common stock of "There has been an amicable settlement of the relations among this corporation and the interests of Walter Reade and of the Storrs Estate iri' 100% a increase an 100,000 shares to 400,000 at Aug. 31, 1950, were $17,657,184, equal to $11.87 per figures compare with net assets of $15,898,605, equal to $10.77 per share, at Dec. 31, 1949.—V. 172, p. 1034. viz: :: Radio-Keith-Orpheum Corp.—Acquisition— Ned Net Net assets share; Number issued upon above.—V. '' ' •, 1949.— $244,008,186 $209,651,897 $1,679,131,078 $1,436,197,172 "After Corp. SEC the and $440,833 year 17 of Aug. on from Sheraton Corp. of America (& 1027. j fiscal Quarter Ended July 31— 3,701 shs. ♦The initial series is closed, but additional bonds may be conditions. of Cr25 Operating Selected American Shares, Inc.—Asset Gain— A:' value) (par $2) 172, p. 1034. Net 145.000 - - certain p. extension by Operating revenues Operating expenses and *$750,000 $145,000 preferred stock ($50 par value) Common '■'.J? covered Southwestern Pro Forma None 1950____j_^ 1950. Container Per End. Sep. holders A, 1975-—,- Oct. 17, Aug. Sales —V. conversion As stated Aug. 31, 1950 with notification routes p. The additions. it of 60% and Mai-garette Lawrence, requiring femairfaef- qf the proceeds will letter a Sears, Roebuck & Co.-—Sept. Sales Increased 16.4%— pre¬ sum bondholders. ofs these saie machinery aggregated the plus of paid company Stone See the will placement of the bonds. Portsmouth also proposes to repay temporary bank loans made to purchase at $42 per share the 7,500 shares of its common stock owned by Frank D. Lawrence and that filed 164, p. 3059. It two of amount provision that dividends a subsequent restricted of principal poses to pay expenses of the issue, estimated to be $15,000 plus a commision not to exceed 1% on the principal amount of the bonds to the underwriters for their services in connection with negotiating of 2 airline V. Operating Seaboard Container additions. the of of 75% the record first common stock and surplus. Portsmouth must apply an determined for maintenance and depreciation or set deficiency may property Out out debt for year the be any bonds of to each only Total stock, amount the shares, years and VbVo for the last 20 years from the date of issue, with requiring no bond retirements for principal amount each year for the maturity $22,000. 1,074,472 $3.19 expenses $375,194 in the authorized capital stock 4 provisions 2-,years, 2'/a% of years, and 3y2% issye. so that at *slde Oct. on shares of common stock to be offered at par ($3 per without underwriting. The proceeds are to be used to activate Safway Steel Products, Inc.—Stock Dividend, Etc.— >The company bas contracted to sell to two institutional purchasers $750,000 of its first mortgage. 3'/2% 25-year bonds. ..The bonds will be'secured by a mortgage on its properties and will be initially redeemaqlfe .at 103%% of principal amount, the optional redemption price ferred Airways, Inc., Birmingham, Ala.—Files— company Nil * be 2,148,944 1348 172, p. 1237. p. for equipment charged • Following the approval by the stockholders Portsmouth may 263,844 2,148,944 1,074,472 paid outstanding NOTE—Provision 31,'50 $5,005,104 687,609 „ Agent— share), $3,692,651 263,824 dividends Earnings per common Year End. 443,102 — share common after sinking 1950 1949 $43,472,442 $42;554,891 6,303,874 5,944;4262,394,4472,251,775 —— income taxes Federal before Net income Provision Common July 3,'50 $4,733,516 sales *, Net Common July 31— *' Net ♦Loss I 6 Mos. End. * the to Rent from lease of oper. sales Net ■ " assets 171, $1.00 $1.19 ^Plywood, Inc. (& Subs.)—Earnings— distribution of p. 1086. participation in stockholders.—V. 1348. p. Uncollectible 1950—9 Mos.—1949 A 1950—Month—1949 - - —V. v $11,810,000 $11,598,296 533,5001 449,500 1348. $6,000,000 a Rose's 5, 10 Sc 25-Cent Stores, Inc.—Sales- Preferred years. no common Operating revenues A Common - accords and Period End. Aug. 31— Fiscal Year Ended $3,870,000 SEC Moore p. Irving Trust Co., New Yoik, N. Y., has been appointed transfer of the 4.60% cumulative preferred stock, $50 par value. See The 1138. : '";'; «A' 1950—Month—1949 — Earnings per share.— —V. 172, p. 199. s and 172, weaving plant con¬ taining 300,000 square feet on a 170 acre tract at Raeford, N. C„ which is expected to be placed in operation in May,! 1951.—V. 172, The Royal Typewriter Co., Inc. (<& Domestic Subs.)—Earns. Net"-sales Net profit C. Corp.—Court Confirms Plan— South Carolina Electric & Gas Co.—Tr. 3,441,641 1,319,000 with 28 Frank by Court property Plough, Inc.—Earnings— *■:* C. preferred 2546. u. ■ S. agent 1,326,181 Sept. on directly selling stockholder. See V. 172, a at Newark, N. J., in August confirmed the plan pioviding for the sale of the company's assets to Rudolph for $815,000. The plan is in process of being consum¬ mated, V. 1,281,000 (liled purchased were covering 35,766% law firm of Davis, Polk, Wardwell, Sunder¬ land & Kiendl, and Adolphe Boissevain, i former financial adviser to the Netherlands Embassy in the United States, who represents the Dutch group of bondholders on the committee. The Secretary of the Committee is Wadsworth Garfield; 31 Nassau St., N. Y. City.—V. 1C8, p. Federal stock common reorganization 1950—3 Mos.—1949 1950—9 Mos.—1949 $11,083,724 $9,248,674 $29,788,804 $24,055,109 2,933,368 inc. before of Solar Manufacturing The 1034. taxes the member of Co. & 172, p. Mills, Inc. (<& Subs.)—Earnings— - Profit York), Wellington, <fc & Co., $118,500; Eastman, Dillon Fed. and state inc. taxes neither New (of time.—V. this at Period End. Aug. 31— petitioned the Philippine Supreme Court on 3% distribution on the bonds. This petition is of accounting Cullough, Co. $41,250. that Wertheim Y., stated was Capital the Bankers Trust request, viz: received, were Houston, N. Sales before the court. members of- the has offer 28, The bonds, for 1950 pending The the date To Government. Sept. shares notification) of letter Monday, October 16, 1950 . . Corp.—Secondary Offering— 20,000 Co., the proceeds going to of of the stock of to oppose an auction by the court, or there fixed Skiatron The by Tex., $111,000; S. Kramer of New York City, Meyer Shadur of Milwaukee, Wis., $93,330; and M. Weiss of $95,520; rejected. not committee's the At trustee of 371, awarded 3,000 shares of common to Wertheim & Co. on their bid company bids other Taub Brooklyn, acceptable the to leverage '..A-- a;A A-.a''; a/,' Gas Co.—Stock Sold—On Natural of this Five bid. The committee also plans to continue its efforts to help the bondholders realize on their investment through a sale of the bonds to the Philippine Government or a private buyer. The committee made an offer on Oct. 28, 1948 to sell the deposited agreed an the at 2V< %.—V. borrowing bank $123,150. committee price upset in or essential is it court, outstanding; stock of through Attorney General stock the court for filing such objections expires unless extended. The committee states that the railway may be immiment and there is no by class one obtained //;%; Republic the Ben fixed time only be & •AttfHfun rinhli/* £if The have v.ill in railway, failurav will Fund 1394. p. . firm new 170, .... will operate undfe^lfiy^harrle* of 1538. p. - ■ • •• a; •/, •••' ••.«»;. ( 1 /• SWire-Mann -,"i Paper >;■»: - Superior Portland Cement Co.—Judgment Awarded— The against company the $1,650,000 has Pacific been awarded Coast Cement damages assorting it had a Co. lost court judgment of $553,432 The., company has sought that amount in income be- Volume 172 of cause Wash., possessions by The Number 4951 Pacific Coast option the of Permancnte to Cement, buy the the Diamond and Cement plant in plans Seattle, of Co. plant under 17 for lease the under years lease a provisions given was 1947. The sale that Permanente company's option Superior Court reasonable rental wiongfully from —V. 162, not was consummated, had the the acquired State Supreme in plant the of From . to agiecment. value the Douglas Malcolm Judge the of March from company, the period it for property damages 1947 1, to should be Aug. Swift International Ltd.—Exch. Co., Offer Extended covering the until O. br. sir ess of Hanson, the of close the J. company's shares.—V. Nov. President, holders of have than more already exchanged The their Period End. and shares Earnines per —V, p. outstdg— 141,290 2,007,370 598,441 -598.441 172, / 598,441 $3.35 share., Co., (N. Y.)—Stock Inc. (par 10 cents) at $2.75 "as a speculation." PROCEEDS—T.he net for proceeds working CAPITALIZATION be to are in used purchase GIVING The is agent PRESENT TO EFFECT vending * is agency, It Outstanding *356,700 shs. air as hotel high SEC New Co., and York Registrar State North frequented locations is The Western travelers the Union and offices Lockport, -the located Y.. N. company in being are of court has in would the time machines; Time Simplex mechanisms lord. would manufactured be by be This the .• share 200 authorized previously of each).—V. $100 172, set the to outstanding and The company Oct. on '• filed 10 • The public price ottering stock the of to terms are Stone & Webster Securities Corp. and supplied by amendment. White, Weld & Co. iboth of New York) are named as the principal be underwriters. Proceeds term outstanding were will applied be the to payment the amount of $15,000,000 in of on Oct. directors Oct. on the authorized 9 filing before the with 1950, 1, SEC effect share tional board The of transferred board the that agreed present each for The the 35 of common Dec. 15 of one addi¬ shares held on Nov. 15. the each cents quarter after the sale the of shares.- Extends Exchange Offer— stock the of has common The shares original common has been the exercise of ;The 53,334 the Sterling share of Tennessee purchaseable through a common warrants. on the receipt of cn was conditioned Sterling common and of of the receipt of at lease warrants least 106,667 shares of Sterling common. Mr'. Symonds said that in excess of the minimum amount of Sterling the for purchase common And the and basis Sterling of offer the ling Gas as warrants have been received $24,000,000 for Texas The not taken The or on advantage fcr 80% of exchange the of and of Sterling of accepted. Sterling Tennessee M t, common.—V. 172, ... of will vcte incorporation to Nov. 3 on authorize amending 600,000 the shares of company's $100 par stock and to increase the common stock from 6,000,000 to 7,500.000 shares. The new preferred stock and the additional common shares would be authorized in connection with the company's proposed expansion value preferred this company 171, Interest, accrued Changed— changed in June, was ana groups „ the Federal transfer 1951 1, proceeds this under series, been issued. be to are - 172, 1 Ruhr Steel Steel , K. Hurley, that said the of- one workers 25 3 been had court-appointed, trustees, on Sept.- 13, rehired to prepare inventory and.,to back into production.. The trustees took over the plant on Sept. 12 on a writ of assistance issued by Federal Judge George C. Sweeney at Boston, Mass. • « Mr. Huiley said, that a $50,000 lean by Teviah Sachs, General get which the plant had enabled the trustees to resume operations; .. The./woJfkers^ on hand, with a normal retail value of Manager, rehired would condition watches 172, 19 covering, cumulative con¬ Oct. 4. See as a forerunner in sale to 200.. p. . . , Vice-Fresident Wilkins, J, W. of L. follows: Loans— Period End. 1950—Month—1949 Sept. 30— —V. 1350. 172, p. This ' New York 15, & for Securities bonds 2%js as were: Hutzler, Corp. sinking PROCEEDS—Proceeds $3,786,886 approximately additional the common stock from Power by sale of the bonds, recapitalization plan which would the 7% cumulative first preferred Eugene S. Williams, President, informed stockholders on Oct. 11. The accrued dividends total $24,217,830, or $136.50 on each first preferred share. : n The plan must be submitted to the Interstate Commerce Com* mission and must have the approval of the stockholders., The plan provides that holders of the 7% first preferred stock would get 0.14 share of new 5% first preferred issue, one share of new 4% second preferred stock and IV2 shares of new common stock in exchange for each share they now hold including its accumulated stock during but from the sale of 166,604 shares of 1950, will become part of Such funds may be used for con¬ its subsidiary, The Western Colorado they will be provided by the issuance second preferred stock would get »/2 share preferred stock and l'A shares of the new common stockholders would receive new common stock present common share. second , 94% of the first preferred, 13% the common stock which is held & Ohio RR. owns preferred and 30% of Bank of the City of New York as trustee,(to¬ The Chase National irrevocable proxy. ' Grange, senior partner in the New York Stock Ex¬ change firm of La Grange & Co.. on Oct. 11 asserted that the plan was unfair and said that it will be opposed by him and stock¬ with an gether Frank C. holders between York and that a on stock, capital Baltimore the by September, second The The of th« ox 4% for share with the year 1950, anticipates in dividends. unpaid new stock. 1950, company approved dividends payment Holders of prices rang¬ the company, under a credit agreement dated itself and The Chase National Bank of the 14 other banks, borrowed $8,000,000 to carry forward Its 1950 construction program. Such borrowings were evi¬ denced by notes bearing 2,'Ic interest and payable at any time on or before Dec. 22, 1950. A part of the proceeds from the sale of addi¬ tional common stock and 1980 series bonds will be available for and will be used to pay such notes coincident with, or shortly after, the sale of such securities. No additional loans will be made under the aforesaid credit agreement. The remainder of such proceeds, together with the company's available cash, will be sufficient to carry the proposed construction program of the company and its subsidiary through 1950. To the extent, that, the company's cash resources are not sufficient to meet the construction expenditures in 1951 and 1952, tire by ' Co. New the . 100.0759; First together Ry.—Plans Recapitalization— have accrued directors eliminate realized general funds. the company and company's struction the $ 88,253,000 11,874,000 114,301,000 14,253,000 Western Maryland Blyth & Co., Inc. (jointly), 100.069, and Union and Smith, Barney <fc Co. (jointly), 100.007. dated Oct. 1, 1950, and become redeemable at 103.51% or Higher—• $ $ 1140. 172, p. The Lehman Bros, and Bear, & Co., 100.117;'Halsey, 100.13; White, Weld 100.11; Salomon Bros. & improvement fund -at special redemption ing from 100.51% to 100%, during the last year. the 1950, through 1, Nov. 1950—9 Mos.—1949 1950—Month—1949 —— - —V. Kidder, Peabody & Co. during the 12 months' period ending Sept. 30, 1951, and at prices decreasing to 100% during the last year. The bonds are also redeem¬ able with cash deposited for the maintenance or replacement fund or on 1350. 172, p. $ and bonds are The the Inc., Corp. Boston Redemption— redemption for Supply Co. (Mo.)—Sales 20% Period End. Sept. 30— stockholder's Light Co.—Bonds Offered—An invest¬ (jointly), Co. Co. Y.—V. N. Western Auto public sale on Oct. 11 $8,000,000 of bids & called has company operation of the sinking fund, $745,000 of 3Va% sinking fund collateral trust bonds due Nov. 1, 1974 at 102.47% and accrued interest. Pay¬ ment will be made at the Chemical Bank & Trust Co., 165 Broadway, 100.1791. & 1950—9 Mos.—1949 $9,422,847 $37,766,100 $23,867,832 $10,557,400 sales Gross Dissolution national Co., & Morgan record sales of Wellington Fund shares for the and for the first nine months of 1950. They were reports distributors, 2%% first mortgage bonds due 1980 at 100.501 and accrued interest. The group was awarded the issue Oct. 9 on its bid Stuart /...;•■. Wellington Fund, Inc.—Reports Record Sales— A. September quarter Other liquidators will be appointed by the Western Allied Authorities.—V. 160, p. 1673. banking group headed by Other 17.—V. Oct. stores on Boston . & Utah Power of - Waltham Watch Co.—Operations Resumed— trusts, Hope 1950—9 Mos—1949 1950—Month—1949 . 1140. p. . on six V*.. ' . ' 'i _____$13,719,243 $13,117,826 $119,305,523 $118,245,074 —V. on — * ■ purchase, additional equipment, $10,699,105.—V. 172, p. 1349i used to Walgreen Co.—September Sales Increased 4.6%—, Per. End. Sept. 30— Sales filed with the SEC on June (Germany) $5,220,000 r Corp.—Statement Withdrawn— Corp. and final bearing 2ya% the second constitute will certificates certificates net ..."."TV/ 1965, both inclusive. 1, June to abovementioned The Stock— taxes "Wgi and Sales ment 1950 to Brodhead- Co.—Bids for Equipm't Trust Certificates whidh, It is estimated,''will cost with any sale by UGI of the Delaware Commission High ? were were 2103. p. dividends having already 36,000 shares of the Delaware Coach of $3,600,000. The stated purpose Good of of liquidators. of stock and which debentures, convertible 100% company The Sept. 22 issued an order for the including this company and two Iron Works. new regulations ordered, that notices of dissolution be filed before Sept. 30, The directors of each concern were named as Allied The divisions City common of instalment remaining originally banks participated in it.—V. 172, p. 1140. Works Steel dissolution During the Easjfeirty,Transmission Corp.—Plans Financing— stockholders certificate 33 Sold— the June Ordered— With the minimum amount of additional Ster¬ excess JO and at West Penn Electric Co.—Partial United 27, oi 1238. . for Scot. 27 paid off the $10,500,000 balance issue. The loan, made in Februiry, 1947, note 6 Co.—V. $3,000,000 on $4.72 of America—Debentures 3 Vz% of Oct. name to up r- ■ 210,000 $4.21 at its office, 44 Wall Street, New York 5, N. Y., including 12 o'clock noon (EST) on Oct. 25 receive 4>ids purchase from it of $3,315,000 equipment - trust -certificates, series C, dated June 1, 1950, and due in 15 annual instalments ftora air¬ retirement 864,000 of the 900,000 and minimize to ' serial a on Feb. 40% submitted now owns in is 609,381 210,000 1349. p. on The said other stock. company prior owned common had who and warrants opportunity to do so. Gas exchange oiler. now of amount exchange. The extension of the exchange offer, on the original offer, was ordered to give those holders common an Tennessee the at sufficient a for accepted same of subsidiary, company, helicopter- and as of one-fifth offer exchange shares of expired Oct. 6, offered 1 Vb the outstanding shares of which for each offered share each for p. that Co. that all common submitted to the Co., for exchange for Tennessee Gas the exchange offer has been extended comomn also It for United States Rubber Co.—Pays Bank The and proposal, exchange of Tennessee Gas common. the trustees of value registration statement Stearns Gas to announced also Sterling • Gas & accepted Oct. 6 applies to the outstand'ng 10-year warrants which entitle holders to purchase Sterling common, Mr. Symonds said. the 1 Oii Transmission been on 6. Nov. This President, Sterling Gas Tennessee to Symonds, r,hc orders capital stock of the latter, all of whioh Is held stated $956,091 531,781 Wabash RR. the 1951, for hearing on the reorganization Nachman said six plans for reorganization outstanding a 9,366,163 taxes 1350. The given interested persons until Oct. 27th within which hearing upoiv the application.—V, 172, p. 1130. a offered for Gardiner Inc., for of lor cancellation with income $10,322,354 7,837,149 $858,850 $5,000,000 Garrett subsidiary, Delaware Coach Co., on Oct, 5 an order authorizing UGI to surrender to for 1949 ;yC 1950 $8,695,999 and expenses Vieh Co., Columbus, O.—Name Nachman, its financing and construc¬ 1035.—V. 172, p. 1349. % p; publicly quickly sold. The stockholders on Sept. 22 approved a proposal to Increase the authorized capital stock (no- par)- fiom 500,000 shares to 750,000 shares to provide for the conversion of the $5,000,000 of 3Va% con¬ vertible debentures which were publicly offered on Oct. 6. See V. 172, The Tucker under sale. proposed offering of 60,000 shares of series B preferred stock (par $100) was withdrawn also V. 172, p. 1238. available earnings and cash resources, the dividend on the common stock should continue at rate Excluded Syracuse, N, Y,, a the the on four Motors, 26, 172, . paid 172, offered of continuance additional number of outstanding premium, equal to $5 per share, be account to the common stock account. surplus from to Subject ordered be an the end series of distribution the stock common also the in increase board authorized the .shares, further a hand-made 23 . iV transmissions. vertible was of gram. To to Sept. 27 authorized a three- include 1,500,000 stock common Vanadium Corp. the short- of this month a new preferred stock (par $100) and 250,000 additional shares of common stock (par $5), The net proceeds are to be applied to the company's expansion pro¬ application for authority to offer (about Oct. 27) 100.000 shares of on auctioned United States Plywood date the cent) one i *V,r. with has SEC request of the sale of the securities and company's expansion program. These the Financing—To Pay 25% Stock Distribution— Plans The financing outstanding at with connection in aotes the of notes issued (par • 2,000,000 : { ... 2,250,000 j._ . Capital shares outstanding... Earnings per share. Tellier & Co., New York. The land, plant and equipment and authorized Mr, t - underwriting and stock common pur¬ j notification of of the- of be to $2,250,000 Co. & income Dividends p. lack Mf; - and leave common The . statement with the preferred stock registration a letter the Lynch, Pierce, Fenner <fc Beane_—— costs, Net $3.53 years.— Sale Oct. 18—Hearing on Plan might be incurred in connection With SEC covering 100.000 shares of $100 par cumulative 250,000 shares of $5 par common stock. and to 3,796,538 a in income Total ■ SEC stock : SEC $7,665,102 prior Peabody underwriters principal amounts table below: respective forth set the- several of names the and are Years Ended June 30— 2,172,343 through counsel Jan. transaction the of capital Coach Gas Transmission Co.—Registers Tennessee 4,344,043 2,172,343 $'2.33 for bonds by. them C. will This of Vanadium-Alloys Steel Co. (& Subs.)—Earnings— 4,900,000 UGI. by common 1238. p. of number a company Delaware Coach its amended '• ■ - .... has company series . 12,565,102 proposed. company applied and $500,000 pay¬ stockholders held Oct. 1950, 1, Nov. meeting proposal a ! - authorized capital stock to 750,000 shares .(par 250.000 shares of such stock being issued to Mr. Shaheen (par -••• CAPITALIZATION—The IN 8,121,105 United Gas Improvement Co.—Unit Reduces Co. or other manufacturers and the counting supplied by the Veeder-Root Co., of Hart* Recorder 1950, tion program, see V. * who proposed the order, said the court would be infermed monthly as to the accessories that were disposed of to dealers and distributors.—V. 172, p. 482. change the each i the «tock ■ raw payable annual the 2,000,000 shs. value)— par $500,000 tAt 1951. For details 1948 $5,057,949 purchase he Air-Cooled ruptcy proceedings. the final assembly materials for these do and necessary (without include 1, Merrill 18 for disposal of $2,500,000 worth of assets. the government-owned plant used by the 22 Sept. outstanding shares of CHANGE 10c the assembly stamp would trip trigger procure stock not May Equitable Securities Corp.. R. W. Pressprich & Co. Judge Igoe also approved an ordev under which dealers would receive accessories which they had ordered and paid for before the bank¬ Conn. charter" to for mechanisms, seleeter at Nachman* Igoe been *7,000,000 - 1,500,000 shs. 11,500,000 Kidder, motors. have an Vendo filed 6 to which of awarded Judge experimental nature. company has a proposal from the Vendo Co. of Kansas City, Mo., pursuant to which .the Vendo Co. will manufacture a fourth model. * Under such pioposal Vendo would make the casing, coin chute, used held on is 3,000,000 3,000,000 1973 The *3,063,156 over-provision for share items to 13 H-. N. been plane be Igoe 3,000,000 8,000,000 due 1956. said be, 1949 „ shares per be The 3,000,000 1980-debentures fund sinking 1980 26, 1951— will 3,000,000 1, chased capital. order which The work; stock. will 2,775,000 Judge M. L. Igoe at Chicago sale Judge operation were manufactured by the Simplex Time Recorder Co. of Gardner, Mass., on a custom basis. These machines are the, third model, there having been two prior models to are automobiles, op¬ Buffalo, Niagara Falls, in the Waldorf Astoria and cents plans for the piesently dividend 2,172,343 $1.72 Oct, on day auction to begin Oct, is machines The outstanding cash $3,732,873 2,715,429 1,198,000 25 working The I stations). at $32,000,000 ($250,000,000 1979 UNDERWRITERS—The 6,507,873 taxes deduction corporation company. of machines Oct, (& Subs.)—Earnings— taxes income $111,844 Federal Governor company the 3S50 Tucker Corp.—Auction telegraph offices, ticket offices and steamship due *Does that the directors in action with respect to a made early in December as presently what _ Set for Jan. Clinton Hotel, and the Hotel Taft in N. Y., C. presently negotiating contracts with six large rail¬ roads, three large bus systems, eleven air lines, five steamship compa¬ nies and eight oil companies teach with large chains of gasoline the Hotel, be to the on determined 172, p. 331. • paid proceeds terminals, railroad airports, by series able insurance stations. time Tonawanda in counters, gasoline 13 placed 1, tCommon $74,913,368 $89,628,142$111,496,284 covering for terminals, bus present in erated be to ticket line volume the At it, by lobbies, distribution dividend Federal After The located at 420 Lexington Avenue, New York 17, N. Y. on May 2, 1949 in New York to engage in the selling trip insurance through the Tele-Trip Vendors, owned operated auch Trust Oct. —V. incorporated was and Midland due to to Mass., Trad Cabinet Corp., Marlboro, N. J.—Files— . a Waltham, from Outstanding 1979 series April 1, FINANCING M. Shaheen, President. licensed Marine company, FINANCING PRESENT Serial notes under bank loans due 1947 the SEC V. 172, p. 756, 750,000 shs. Co. BUSINESS—The business of formal profit offered Transfer with announced 9 take yet income before Dividends capital. 250,000 shares are held by John Irving Trust stock cash Oct. on to shares outstanding Earnings per share 1C cents) (par *Of which President, not 1, May 2,/8% (par $1) to be offered to without underwriting. The plant Capital Authorized stock Capital 10% a for Net share. These shares per series due Total offered and its move sales Prov. Oct. 3 publicly offered through NASD dealers, but without underwriting, 106,700 shares of cap¬ machines to expected are has Profit Offered— The company on are common stock $3 per share, of Fiscal Year Ended June 30— Policy TO to increase the authorized common stock from 1,500,000 to 2,000,000 shares without par or face value was adopted. Barber.—V. Net ital stock letter of notification a Timken- Detroit Axle Co. $2.50 755. Tele-Trip 29 2, 1,494,322 , in Pa. Barber, as board Mr. 161,319 598,441 taxes filed at proposes company M. well $9,676,851 profit after charges Capital located present, at Engineering Corp., Phila.—Files & 4 shares stockholders proposed 1950—9 Mos.—1949 $10,720,941 $782,035 $919,032 1,003 to ago 3% 2%% Oct. on 34,155 November 1950—Month—1949 Sept. 30— revenues Higher— Thomas Steel Co.—Plans 10% Stock Dividend— 331. E. Net mortgage bonds: 2-%% series due May 1, 1976—— 3 Va % series due April 1, 1978 the assets of the Fund have grown The number of shareholders has 1949, 1950. year a Research Philadelphia, 97% Tampa Electric Co.—Earnings— Gross EFFECT GIVING 1st proceeds are to be used for expansion program and for working capital. 1950. that the shares 2,000.000 172, p 30. stated offer to exchange share for share oasis a securities, from time to time, as the company deems CAPITALIZATION 1140. p. 756. p. company common Internationa) .Packers, Ltd., has continued shares for "shares of the above company on 1, 31, Aug. eight 172, Thermal The its 172, additional desirable. most of first mortgage 3'/2% 1949. 31, Sept. on from states.—V. 3120. p. $146,649 withheld was the company said.—V. $2,409,223 -at increased ruled was approximately $70,000,000 Texas Fund, Inc.—Net Assets Court violation of such the company stated. The amount approximated at $40,000,000, which FPC, raised be supplemented by Authorized operated ruling the before to money be pipe line bonds, an plant at the same price a third party might offer. the plant 2V2 years after the tentative sale in Permanente pending now equity would from 9 (1441) The Commercial and Financial Chronicle . . Pacific Cement operated company . Mi. second represents. he La La Grange preferred said he owns ' •*?. Western Pacific [Incl. 1 represtnts more than 30% or stock.—V. 172, p.. 1350, U :(•> .' •' of the v • . * • (& Subs.)—Earnings— R^.'!&) tidewater Southern Ry. Co.] RR. Co. Sacramento Northern 1950—Month—194.9 1950—8 Mos.—1949 Total rv oper revs.--.-- $6,003;104 $3,809,363 $30,826,818 $28,423,644 Netrcv fr ry.opers~_ 2,913:102 742,757 9.262,468 4,334.830 Net ry. oper. income— / 1,496,033 320,951 4,783,575 2,19o,2?3 Period End. Aug. 31— Net income after fixed chgs. <k other deducts. \t 1 <7 n 1070 . 1,398.899 235,679 3,972,445 .a, „„„ 1,728,998 i 10 (1442) The Commercial and Financial Chronicle White Sewing Machine Corp.—100% Stock Div., Etc.— The directors share I>er Oct. 20. A This 100% payable Oct. on the on dividend 16 was also of record holders to declared the on _ 3.—V. Nov, 172, $1,286,833 Company stores in operation Dealer stores —V. 172, in $986,376 Extra $10,992,905 Wileox-Gay The Corp.—Acquisition—Proposed Coast The company Under from the the 1,750.000 to voting rights and participate stock, but would not stock has received participate Television, Financing would shares which no no have with the until the liquidation after equally. plan provides for issuance of 500,000 $1 par common and 1,600,000 no par shales in exchange for all the outstanding Majestic The directors additional 500,000 also authorized were shares of SI par to offer stock common for public their at Majestic Radio & Television, Inc. earlier this year purchased 100,000 par common stock from the company. If the acquisition is consummated, the company would reacquire these shares which would be held as treasury stock. The net results is that only 400,000 -shares of $1 additional of $1 Majestic Chairman Radio Garod of outstanding. Inc. the of is International merchandise.—V. 172, and Leonard Radio in Ashback, Corp. turn in engaged is export is: the a sole radios of 575. p. 172, Name, Etc.— Co., American Domestic Dominguez Factory a year shipments 8.141 L. ago, Oct. announced Factory in September shares the in six shipped in 51,198 the units, like March since 30, when new line of civilian vehicles were introduced, of 24% gain a period months 1949, of Slack Mr, with 41,388 said.—V, 171, p. compared units 2515. Iron Co.—Earnings— Nine Months Ended Sept. 30— Net profit after taxes Capital shares outstanding... Earnings per —V. p. 170, share 1949 1948 $4,096,729 $3,597,029 705,462 705,462 705,462 $5.45 $5.81 $5.10 _ 7% (F. W.) Woolworth —V. Co.—September Sales Up 8.3%— 1950—Month—1949 —$50,370,495 $46,502,639 172, 1950—9 Mos.—1949 $414,611,841 $400,971,703 1035. p. of receipts Corp., tables. In nounced a the first indicate we all during the current week. second table in which the dividends an¬ follow with we $3 payments previ¬ ously announced, but which have not yet reached their payment date. Per Name of Company When Share Class 5% Acm A preferred iquar.) Industries .' (stock 125c dividend) Fund, American Vitrified American Anheuser-Busch Products B Inc. 31V4C Extra (quar.i common & (irreg.) & pfd. __ (quar.) Co. (quar.) Ltd Dominion Canadian Canners, Non-cum. (entire 11 dividend!. Canadian M.j & 6Vi% & South per Fund, J i share plus & conv. Inc. 10-31 10-20 11-10 10-20 22Vic (increased quar.) 11-10 11-10 11-30 voted Co. 20c 10-31 10-31 10- 2 11-30 11- 1 . 12-30 . „ $1 12- 1 l 10-25 io_i4 10-16 4Vi% common.; (quaf,)____ 5c :___ I 56>/4c 5C - 11-T 11- 10-14 1 i0-i6 10- 2 & Pacific RR.— $2 payment declared in respect to the $1 for 1948 and $1.75 per of 1949) includes year of n_2o u- 1 10-20 Sheller 11- 1 10-16 Shirriff's, 10-31 10-20 6 11-10 10-31 11-15 10-16 Stein 10-16 10-6 Stevens Gas Tennessee Stock 10-13 10-15 10-21 10-13 10-14 10- 11- 1 10-20 11-15 10-25 2-15 1-25 9- 6 10-2 A 9 Steel Company Casket preferred National stock If % Container 1 10-21 the 1 10-20 above 11-15 10-28 ers 11-15 10-28 4% 10-28 10- 9 close Trust The the of Nov. 11-15 United Elastic 10-20 1 11-13 12-15 12- 10-31 10-13 10c 10-16 10-10 11- 1 11-21 12-12 11-21 10-31 10-20 11- 1 10-17 11- 1 10-17 Wentworth 12-15 11-15 West 10-31 10-23 Westminster 10-25 10-11 10-31 10-23 t25c 12- 1. 11- 1 }35c 12- 1 11- 1 Selected 3-19 1 11-14 12- 1 Walker 1 1 11-14 12- 1 11- be Class in Ltd.— f30c (stock 10-16 10- 7 — 15c 10-31 10-20 (quar.)__ class A +37c 11-15 10-16 50% 11- dividend). One (quar. I __ & 1 10-16 $1.50 11-15 10-27 +2 Vic preferred 11-24 10-24 75c 12-15 Ltd.— Worts, ——— 11-17 will and in (quar.) (increased) Co., 12 Vic — 80c 11-21 .11- 1 11- 1 10-18 Ltd.— 12 Vic iquar ) Sewing Common Machine 10-31 10- 7 10-31 10- 7 11- 10-20 Corp.— $1 (increased) 100% dividend prior preferied Products, Winters & 1 11-16 11- 3 50c 11- 1 10-20 20c (quar.)— (interim) 11- 2 10-20 Inc. Crampton Woolworth Yuba (F. W.i Corp. 15c (quar.) Company Consolidated 10-31 10-25 Adams-Miliis Affiliated 11-15 10-25 11-10 10-14 12- 1 11-17 Name of 11-15 10-20 $1.75 12-30 12- 15c 12-11 11-15 12-11 11-15 8 estimates Incorporated Corp. Fund Inc Gas Increased quarterly Shoe Co.. Mills Allied Stores Aluminum Amerada Co. 10-31 Sugar 10-16 J: 15c 12- Quarterly 1 10-31 10-25 10-9 10-20 9-20 $3 1-1-51 12-20 10-31 American 10-31 American 10-31 American Bosch American Can be paid Sept 29: Corp. American pfd. (quar.) (quar.) — American Co. (N. Co. Insurance 5% of Distilling Co. American Forging American Home 10-31 10-16 10-23 10- 10-16 50c 12- 1 11-15 11- 1 10-20 $1.25 11-30 11-15 11-15 10-26* $1 10-16 10-6 50c — 10-27 10-17 County- (quar.) American Iren Marietta Common 5% Socket & American 11-15 9 9-20 75c (Montpelier, Products 9-29 10-20 10-17 Vt.)— 10-16 9-29 1 8 9-22 1 50c (quar.) (quar.) pfd. Allegheny Co. Fidelity Co. 9-29 1 11- Y.)— iquar.)— 10-16 12- 10-16 9-15 11- $1.25 10-16 11- 1 30c — Co. — Corp., 10-16 50c 10-20 12- 75c common Co Coal 12 Vic 9-29 9-29 15c (resumed) Insurance Automobile Book American 75c $25c 5% — 11-15 10c 9-29 50c _ Inc. Co., Aggregates, Alliance 11-15 9-29 1 25c (quar.)__ Ltd. (quar.)— 11-15 9-29 11- Corp., common (quar.) of Canada, Ltd.— 5c 10-16 20c — Petroleum American 10-16 9-29 10-20 10-20 (quar.)_ — Industries, American 4c ————__ Stores, Inc. — preferred 10-31 10-16 10-13 4c —— _____ Semi-annual 10-31 10-16 1 Allegheny & Western Ry. Co. 11-15 9-29 10-25 11- Equipment, Inc.— Reduction Alabama 10-25 11-15 25c —-j—— — 11-15 50c — ——— Affiliated 11-15 10-16 Holders 25c (quar.) Special 11-15 10-31 When Payable of Rec. 25c ATF, Amalgamated 11-15 Share Company Agnew-Surpass $1,25 10-10 ^ 10-20 10-25 11-10 1 Per 11-10 10-25 1 11- give the dividends announced in previous paid. The list does not include divi¬ announced this week, these being given in the 10-20 II-15 10-18 12- 5c we 10-31 11-15 11-15 50c (quar.)__ Fields Gold weeks and not yet 5c Inc 6 10-20 B 11-15 5c (quar.)I Co., 1 10- 11-1 outstanding—^ Co. 8c Co. 12- 10-14 10c iquar.) (liquidating)—. $6 Co. 5c Brake 12-15 50c the 27, 11-15 10c Merchandise $1 —_____ Nov. on the future January, April, July dends 4c fund.* 11-27 7 Vic A Class White 12-15 5c ; 12-15 stock before or on —: Paper 12-15 6c trust $1 stock common 11-17 4c shares mutual 11-15 —..—— payments 4c stock scries 12-15 12-22 Mfg. Mfg. Point 9c common 25% 10% a • 1-15 made 10c Low-priced bond series— Speculative series 10-23 (quar.) Aluminum lecord 11- 5 10-31 10-31 October. 4% of 11-15 11-15 . 10-23 preceding table. distributions: shareholders 6 3 12-15 11-14 15c series 11- 175c Dividend Air ______: 11-15 + 10-31 50c series 11-16 1 10-10 Mines 10-20 37'/2C (quar.i 10- 12- 10-31 iNew York) Ltd., two 1 30c — 11-10 10-16 - 10-26 ______——— 11-15 60c will 10-12 9 t$l Common Below Co.— distributions 10-20 10-16 12- (increased)—— Common 11-14 12- 12-19 $1.37Vic shares.— following -10-30 - - 25c two-for-one Gooderham $1.183/4 r_ trade 10-14 50c (accum.(__ Co.^ Co. Corp. (H.) 10c groups 1 11-14 12- 10-20 will be 50c. Stockhold¬ Corp., Canada 30c quar.) series Ait Upper 75c 1 quar.i iquar.) shares York 2 45c equipment shares to 2 25c $1.75 (s-a) Railroad Retail I4- 10-17 11-20 11- common—____!_ Association, each for Stcres Stock $1.06'/4 1 quar.i series Balanced share United $2 12- 1 the proposal on Oct. 31. Corp. Willson 25c 1 11- 16c 20c 10-11 12-12 1 share Preferred stock series Bond 1 12- 40c common-i_. 15 11- 12-12 27V2C $1.06'/4 Co.— effective Corporations, 11- 25% are 10-27 50c pfd. business quar, 3c 50c below 12-:i 11-15 (quar. )____—_ the on or. Building 30c . ___ of Realization 25c shown 12- 11-15 60c —: Manufacturing Increased Funds— amounts 12-15 12 Vic distribute to payment will vote 10c ; National 5 50c 12 Vic (quar.i_ preferred (quar.) Traders (stockholders (Del.) 5 Co.— becomes 15c —-4 Corp. 12- $1 recommended rnc split 11- 56'/4c __: (quar.) Extra 12-15 . United (s-a)_—_—_: Co Co., 50c (resumed) conv. early in December. Thompson Products Inc., Ulen (irreg.) held) pref. 4 (quar.)— Transmission expects dividend 25c conv. A dividend—. Thomas 13c Co., com. iquar.) $5.50 1st preferred (quar.) $1.50 conv. 2nd pfd. (quar.) class 12- year-end 11- 21c — Inc. class Co. Temple Ccal Co.'/s $6 10-19 133/4c (quar.) Co., 2 12 Vic 10-20 10c Corp. 4 1- ——— . Company 10-20 Gas 4 12- iquar.)____^ 10-27 Special 4 2 • 10-30 50c . Petroleum Co. (quar.) 10-30 15c (quar.) Ry. !_ & Trade Bank & Trust ^ Corp. (quar.) Stores, 7% preferred 12- 12- 1- $1.25 partic. 24c P. 1 20c a 12-14 25c Co. & I J. fl5c (quar.) of 12-14 30c Co : (A.) 31'/4c iquar.)— (One-quarter 10-20 1 30c Standard Silica Coip. 50c Shoe, Inc., com. (increased 4%% preferred (quar.)— New 1- 10-13 12--1 11- 60c : iquar.) Hunger ford 1 75c iquar. ) 10-13 1 50c Kellogg & Sons (quar.) 40c Springfield Gas Light Co..(quar.)___—_1___ Standard Railway Equipment Mfg. Co. (quar.) :25c 1-20 50c iquar.) Ltd. 1 lli Co Ltd., (J. 7 50c (quar.) Corp. 11- 12-15 $1 Francisco Transit Mfg. 10- fl2Vic ——____ A 10-20 quar.i Seaboard Container Coip., 5V2V0 pfd. iquar.) Sharp & Dohme Inc., $4.25 pfd. (quar.) 10-20 26c _„ . New York $3.75 11-15 $1.75 (quar.)—; Miles Metal share for the 1 1 10c pfd. common Extra First 1947, 10- 12- for Shoe Steel shares $1 10-16 Smith 10-26 10-21 25c iquar. 1 Dillon 11- 6 1 10-31 — Antonio 11- 10-25 15c Extra Scotte.n, share per Automobile shares the proposal of cn the com. stk. 11-10 10-21 $1.17 i- Louis-San 1 25c _______ (increased com. 10-21 11- (quar.) preferred 11-15 1 • .___ Co., Inc., preferred 12- . called $53 Corp., preferred Low-priced to consider 4% 20c gains quar.) dividend Mercantile 10-14 Safeway Stores, 10-20 10-20 10-20 1 <quar.)_ +$1.061/4 Paper Co., Ltd., 4'/4% pfd. 5. 10 & 25c Stores (quar.) 25c _______ common preferred Melville The Corp.. 11-17 ordinary (increased) Railroad ■ li- 10-15 1 1 11- 35c (year-endi_ California of 1111- $1.12 »/ 2 _____ Rcliand Co.— 15 — Rockland Light & Power, com. .(quar.), 4.65% preferrea iquar.U— 62Vic capital 50c Ohio) (Dayton, 10-25 Co. 10-21 25c — Engineering 12Vic ______ each Co. iquar.i ___. & 1 50c B 10-31 60c 2nd Stock (Texas)— from class Aircraft for Insurance Electric 11- 15c + 75c (quar.i com. 10-17 1 Sept. 28th to split common two split and change par value to $5) Stock $7 Fire Extra — (initial (quar.) 11- 75c (quar.i_ from Corp. Oil (quar.) Corporation, A iquar. 1 A.) Quarterly 35c (quar.i— Extra 4% (C. Company, class $2 partic. class A iquar.) 8-31 on one Common 10-20 25c (monthly) 10-16 53'/8C Common Mead preferred 15c (quar.i —— McDonnell 10-31 20c of Extra National meeting of the Board of directors declaring a divid. Series A pfd. (This Frontenac $2 50c (quar.) (quar.)___ be called McColl for $3 Reed Towle Muskegon Motor Specialties 75c 10-14 1 — Minneapolis-Moline 10-14 11- Company iquar.) Raymond Concrete Pile Co., Simplicity Pattern Co., Inc. (quar. i„ pfd. (quar.)__ Mackinnie Oil & Drilling Co. Macoil Corporation (quar.)_; 11- 1 10-17 class Randall 10-17 11-15 Ltd., Products, Spencer Ltd.— Minneapolis 11- 11-15 30c Corporation 10-14 $1.05 Co. preferred Mines, Macco 10-14 12-11 10-20 3 (Mass.) — 1 11-10 1 10- $1.50 cents Theaters 1 1 11- 9 t$1.63 common at Telephone Boston 11- 12- 37 %c 10- 50c (accum.)— A conv. Extra 11- 25c Store-Investment Crosse Loew's 10-14 10-14 10-21 10-21 25c 1 10-14 1 1 Milk 12-13 Extra 11- 1 11- 11- St. — N. J.) common class Company Mid-Continent 11-1 +5c +5c 40c A Jefferson Custodian Fund La 5 Extra 5% —. issue $3 10-25 Class B 11-15 ________ Intcrtype Corporation Ironrire, Inc., 55c conv. 50c t7c (increased) Corp. Light Co. Telephone (acum.) (entire 10-10 25c Power pfd. dividend). Co., 11-15 11-10 2 of — Utilities (8. S.) 11-15 6 65c Inglewood Gasoline Fibre 8 65c 10-31 (quar.)__ Nov. 10-25 $20c (quar.) com. Bldg. this 12- 9-30 4c Refrigerator on 10- $1.75 (s-a) 11- Inc.— preferred 1 1 iquar.) Republic Supply _________ 16 4/10c redemption 10-13 1211- 10- Street Corp.— ____ plus ^preferred lquar.)__ year 11-1 |25c Ltd.___ Chicago, Milwaukee, St. Paul | 10-20 10-20 35c Monthly . 10-20 1 i 31 y4c : : West Hollywood Monthly 1 li- participating pre¬ for redemp¬ $20 Central Electric & Gas Co. will $2.25 10-20 $1 Rc-liance (quar,)___,___ A_ 25c (quar.)_ (quar.)___ Central A special Hussmann 10-16 11-20 15c six-tenths and 10-10 11-20 17 V2C iquar.)__. Co. 1 1 10-15 San Company, Ltd., class A Fund, and Gamble 11- 12- 10-31 $1.05 Co. Co., prior preferred Plate Glass Co. (year-end 1 & 10-20 $1.75 Corporation Pittsburgh 1 11-15 10-16 $1.25 —__1_ Morrison-Knudsen Company preferred 1111- 9-25 1 11- 30c 10-21 Corp. 30c ' Investment (A. 10-16 Petroleum Petrolite $1.75 (extra) income 10-10 1 Petroleum Pioneer for common semi-annual Plan Four 10-25 10-20 called at Caterpillar Tractor Co.. Chasers, 11-15 Ltd.— issue Dec. on dividend _„_ Howe 10-26 11- Phillips 11- _ 10-21 Corp. 10c Sugar Co., Ltd.__ convertible ferred tion 4V2;% 12-12 11-1 tlOc iquar.) preferred, (quar.) preferred (quar.i Canada & - 2 15c (quar.). com. conv. Central 11-20 1- $1 Corp.,. (quar.) preferred Central 10-18 12-11 15c California Water & Telephone, com. $1 preferred (quar.) Central 10-30 $1.25 (quar.) British Columbia Foient Products, Buchanan Steel Products Corp 4.20% 1 12-15 $1 50c Water 2 10c preferred Castle 11-15 12- 1- $1 Extra this 12-15 12-15 $1.25 iquar.) Saco Electric $1.25 11-15 35c RR., com. (resumed! (quar.)___-____ Fisheries $1.40 12-15 $1.25 Aroostook Company $1.20 2 11-15 30c . (quar.i Manufacturing, $4 Birtman 2 11- 1 15c Co., preferred Biddeford 11- 1 12- i5c Are-Hougbton Fund "E,'' Inc. Ecrcalo 12-1 12- 70c ... Edison Bangor & Chain 11-1 25c Co.. — preferred 4% 11-15 10-26 , Walnut Stores Macassa (accum.) 20c Arizona 6% 11- 8 10-26 9 Co,— (George A.) & Co., pfd. A (quar.)— 11-22 10-20 9 11- 1 11- 40c Brooklyn) (quar. 1 pfd. (quar.) Extra common Mfg. Co., Ltd., Stores, Inc., 5% 10-16 10-20 11- $$1 (A Hormcl 10-25 1 Perkins Machine & Gear Co., 7% Permanente Cement Co. (quar.) 1 (quar.) preferred Kresge 10-27 Peoples 12-12 10- $1.25 Good Humor (Calif.), $1 pfd. Guk Insurance Co. (quar.) Keyes 11- 10-24 10-16 1 1 75c 1 .__ 10-21 25c Bank 10-20 11-24 $3 .____ 12-30 3 1 45c <s-a)_ i'.i0c (increased) (quar.)— General Electric Co., Ltd.— American deposit receipts— Georgia Railroad & Banking iquar.) 10-16 60c ______ (irreg.) National Ry. & 11-15 Rose's held). Electric Petroleum 1 11- Co.— Argo Oil Corp. 4%' 1 Lighting 15c (accum.) 10-25 $l ■ iouar.1 Extra Booth 11- Pacific Quebec Marine 11- (quar.)— Utilities preferred 10c Co. preferred Archer-Daniels-Midland Best 11-20 11-15 (quar.i25c Inc Window Glass convertible 5% 12-11 10-14 & 11- (accum.) 20c Mutual American Ship Building Co American Thermos Bottle Co. $5 2 12-15 10% Year-end 5% 1- t$1.25 ____ Air-Way Electric Appliance Corp. American pfd. Co. preferred International Sugar Refineries, Ltd.— partlc. pief. iquar.)____ 10-31 Ontario 10c (accum.) Texas Hundred Increased Holders Payable of Rec. Acadian-Atlantic 10-31 12- j.- Mfg. Co. Coip. (quar.) 4%c Fitchburg Gas & Electric Light Co. (quar.)_ Florsheim Shoe Co., class A (extra) show the we 11-20 ■> Outboard 4 25c Holden Then 60c Extra 10- 10-10 $1 (final) Federal Loan Corp. of Pittsfield, Inc. $1.20 partic. preferred (quar.) 4'/»% grouped in two separate 12-16 31>/4c 4.80% Grain, Ltd., Fifteen Holly are 111- 11- $1.50 pfd. Co. 10-20 $1 common--—— Hershey Chocolate Corp., DIVIDENDS 10-31 Match Quinte —; shares Haftz (J. F.) Dividend announcements 11-20 $1.50 . Per. End. Sept. 30— 25c 9c (quar.)— Hampton Electric Co. Franklin Gales Ohio Reliable Share & preferred Class 49. 12-16 4% 50c (quar.i. Firemen's Insurance Co. of Newark, 1950 1- Associates— District Exeter & "56" $3,847,925 ____ _ 10-13 $1.50 ; Faber, Coe & Gregg, $3 Woodward 1 Procter preferred Federal shipments totaled for and shipped distribution, of 100 5% 6,430 cars charge 10-11 11- 6 Trust vtc. Bond Empire 9. models of the company's varied tiave dealers car over 10-31 t$ 1 10- Bakeries, Ltd.— participating pfd. (quar.) 3% domestic to units, an increase of 27% Slack, Vice-President in W. $1.50 10-16 Fields Sugar Bearings Corp.— X2 Vic Corp.. preferred 8 (quar.) Eastern 4% 8 (quar.) 10-16 2. Ltd., 12- Northwestern Utilities Ltd., 60c (quar.) Oil Freres Test each -export totaled deposit Finance 1 6% preferred (accum.) Northern Railroad (New Hampshire) Ltd.-— preferred 8 1- 10-16 Corp.— Distillers 12- 12- 11-16 $1.25 (s-a)__ (year-end) Investment Electric Willys-Overland Motors, Inc.—Shipments Up 27%— Fruit : 1 $1.12 (quar.) iquar.) 1 1- 11- 11-15 (quar.) (year-end) B 10-20 1- $1.12 >/2 12- 50c Ltd Diocesan $5 422, p. Giorgio Dupuis 10-11 com. 11-15 93:!»c 1949) 50c (quar.) Mines, Class A Duro 10-31 $1.06'/4 Covington & Cincinnati Bridge 5% Norman-Hoffman 25c preferred Class 10-11 Corp., Holders Payable of Rec. 42 V2C iquar.) (series $2.50 common. Conlon-Moore, 6% preferred Di 10-20 6c (quar.) Enterprises, 5% Electric Co., com. Eastern Corp.—New Wilcox-Gay Corp. above.—V. by Garod Radio Corp., the capital stock All owned company, Majestic of Wilcox-Gay-Majestic See be Television, subsidiary electronic '■and & President and wholly-owned owner shares would par 6% preferred Gas 25c (quar.) s'ale discretion. Corp., preferred Coniaurum ( $4.50 & 87'/ic Concord would 10-11 $1.12Vi ^ pfd. common 10-20 Share Electric 20c iquar. >___ Combined common shares par pfd. $5 (Extra par 4'/2%i State 20c (quar.) Pictures 10-18 York 220c Company $4.25 equal The stock. preferred Collins increased was additional 1,600,000 par the in share per the Columbia in the earnings equally participate $1 no involving stock common and new proposal Inc. 1 New 20c . (B. J.), Ltd. (ouar.) Colgato-Palmolive-Peet Co., com. to Wilcox-Gay-Majestic Corp. name shares The the approved & authorized $1 par authorized. were 22 Radio plans to change its plan, 1.250,000 shares Aug. en Majestic of preferred 11- 15c _________ $3.50 stockholders 3:!i% 4'/a% conv. preferred <quar.)____ Breweries (quar.)______ Coca-Cola Bottling (St. Louis) iquar.). 29 Company 10-18 8% Securities Corp., prior lien... Foods, Inc., common (monthly) (monthly) j.___ Common (monthly) When Per Name of 1 for common ' Coghlin acquisition of Monday, October 16, 1950 . . Holders 11- 10c share (One shares heldi.___„ Insurance Co. (N. Y.) <quar.)____ Common 125 When Payable of Rec. 25c Clinton $7,837,958 31 30 30 Coal__ Cleveland Higher— —124 Sept. at operation at Sept. Share , 12Vi City Title 1350. p. dividend each 1035. p. Company Wilmington & Franklin Stock 1950—9 Mos.~1948 1950- Month—1949 ___ Chicago, stock, common White's Auto Stores, Inc.—Sept. Sales 40.4% Period End. Sept. 30— Sales Per Name of quarterly cash dividend of $1 payable Nov. 1 to holders of record 75 cents previously paid each quarter. a stock, with compares stock Nov. declared 9 common . & Machine 11- 1 10-18 10c 11- 1 10-13* (monthly) Wbrks, 2 15c 10-16 40c 11- 1 10-20 $1.25 11- 1 10-20 common. 9-30 Co.— (increased preferred 10- 12 Vic Co Corp. quar.) (quar.) (Continued on page 45) Number 4951 Volume 172 . (1443) The Commercial and Financial Chronicle . . 11 Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE STOCKS Range for Previous ( per t per share share 3V2 12 13 42% Feb 14 23 18 Dec Sep 37 Dec 39 Va July 14 Nov 19% 11% Dec 51 % Dec 52 Jan Adams Admiral 14 Feb $3 1 121 Alabama & 110 % Dec Jun 4% Nov 2% July 13 3% Jan 3 Feb 18% Dec 15% Mar 29 21% Sep 29 64 Apr 73 Sep 67% Jan 4 75 Oct 11 4%% Feb 4 Dec 2% Jun 27 4% Jan 11 Allegheny 2% 40% Feb 82 % Dec 58 July 3 85% Feb 2 64% Jan 86% Dec 74 Sep 8 83% Jan 4 17% Jun 27% Jan 21 Va Jan 3 37% Oct 6 88 Sep 94 5 114% Oct 9 83 July 6 Jun Mar 104 93% 96 May 16 6 Dec 19 Jan 3 23 24% Jun 30% Oct 27 Jun 28 32% Jan 13 Sep 25 30% Jun 1 44% Sep 28 35% Dec 83% Jan 97% Nov 93 Feb 16 99 Oct Feb 337/a Dec 28% Jun 27 38% Oct 7 76 Jun 26% Jan Feb 81% July 12 Oct Dec 91 Apr July 13 38% Jan 11 81% Oct 3 4% Jan 11 ' —— 4% Jun 2% 43 Nov Jan 3 5 July 36 Aug 16 37 Apr 89% Feb 34% Jan 45 6% Jan 10% July 51 Jan 70 Dec 66 Jun 20 Jun 27 Dec 14 '/a Oct 120% Sep 100% Mar 2 27 12% Aug 2 30 76% Aug 26% Jan 7 Aug 15 67% Jun 3%% 14% Apr 21 100 Alpha Portland Cement —No par Limited No par 3%% cum 6% preferred conv Bank Note American 1 common 100 10 common preferred 50 American Bosch Corp Brake Amer Shoe 2 Co 21 American Broadcasting Co Inc 2% Jun 4% Dec 3% Jan 3 8% Apr 21 American Cable 120% May 24 American Can 90 Vb July 26 Dec 187% Sep 178 33% Jan 22 5 27 82 19% July Jan 55% Jun 25% Jun 60 July Jun Dec 21% July 13 26 190 Jan 4% Feb 13 Radio & Co Corp____l common 25 No par 7% 18 28% Sep 79 com preferred American Car & Fdry com 18 32% Aug 17 convertible 100 preferred 7% 100 preferred Chain American Cable & Feb 47% Sep 4 51 Mar 22 American 15 % Feb 19% Dec 15% July 17 23 Feb 23 American Colortype Co 14 Jun 19% Oct 17% Jun 24% Oct 7 American Crystal Sugar com Mar 87 71% July 35% Feb 51% Dec Dec Aug 30 81% May 49 Jan Oct 23 120 Jan 25% Jun ■i 36% Mar 4 Va % 7 76% Jun 97 16 178% Jun 113% Jun 6 .13 Cyanamid 4% preferred series A_100 conv preferred series B_100 Distilling $ per Lowest share Oct 6% 20 Co NEW Highest $ per share 5% July 13 Par $ per share 8% May 19 Encaustic American Tiling Dec 18 July 31 22 % Oct 7 17 Jun 27 24% Feb 4 2'/a July 13 4% Mar 23 Dec Dec 64 Va Jan 19V» Dec 12% July 12 25% Mar 22 Jun 61V. Dec 54 Jan 79 $6 45% Oct 51% Dec 44 Va July 12 55% Mar 22 American Gas & 34 Jun 43% Oct 43% July 26 45% Aug 25 American Hawaiian 6% Aug 21 American Hide Oct 4% Jan 3 3 3 93% Oct Oct 13 Jun 48 Nov 46% Jun 30 48% Oct Jan 32% Dec 25% Aug 3 34% Apr 11 Sep 7% Aug 2 9% Apr 13 73 Feb Aug 80 July 24 92 11% Feb 15% Dec 13 July 17 15% Apr 19 15% Mar 22% Dec 16% July 18 25 % Oct 7 12% Jun 76 Jan 4% Jan 13% July 3 Jan 102 Jun 11% 81% July 3 12% July 12 17% May 12 78 15 Va 84 . Sep Jun 7% Ma r 90 Oct 10% Oct 3 33% Dec 29 Mar 22 105% Nov 104 July 13 287 6% Oct American American 7% 37% Oct 13 American 4 Va % Amer 26 8 % Aug 1 American Metal 2 22% May 23 American Power 16% May 12 Amer Rad Dec 5% July 13 33% July 26 Nov Apr Dec 39 Va Mar 30 50 39% 50 65% Oct Dec Dec July Xl57% Apr 5 4 38% July 27 134% Sep 25 Sep 169% Sep 44 145 Jun Jan 11 9 5 Sep 28 Jan 22% Mar 24 32% Aug 21 Jan 31% Dec 29 % May 35 7% Jun 12% Jan Feb Dec 45 120 Jun 128% Nov 16 July 20% Nov Jun 60% 135 5 150% Jan Jan 76% Dec Jan 138 153% Dec 49"a May *117% Apr 6% Jan Dec 74 121 Aug 8 Va Mar 9 July 14 38% Jan 128 25 7% 6% 27 136% Oct 22% Feb 3 3 62% July 26 161% May 20 76% Jan 9 30 158 64% Mar 29 106 Oct 117% Aug 17 7% Jan 3 3 73% 73 73% 73% 74 1,500 18 2,300 18% 7% 14 13% 13% 13% 13% 13% 14 5,700 37% 36% 37 36% 37% 36% 37% 4,600 109 *108% 28 36% Sep 20 1 80 Sep 102 103% 183 182 183 *181% 31% 30% 74% 74% *73% 27% 27% 27 44 44% 43% 20 20'A 20% 24 23% 23% 69% *160 111 112 5 Dec 106 48% Jun 15% Jun 28% Dec 19% Feb 8% July 11% Nov 9 % Jan 2% Aug 4% Jan 31A Feb Jan x51 vJan page 22. Jan 11,200 77% 78% 50 50 75% 78% 49% 497/a *44 6% 6 Ya STOCK 49 *47 49 *47 49 *83 15% *46 30 7% *15% *83 15% *15% 24 23 Y4 24 24 24 3/4 6,800 16% 16 Y4 17 17% 18,400 89% 9Y4 *83 37% *104% 105% *104% 105% 2 18% 18% 18 Va 18% l *7% 8 16% 13% *175 10 7Ya 8 ■ *90Ya 9% 1,800 37% 4,300 105% 105% 104% 104% 104Ya 105% 330 18 Va 18 Ya 18% 18% 18% 6,600 7Y4 7% *7Ya 29 29% x28Y4 33 Y4 33 Y4 33 % 17 13% 177 7% 167/a 13 Va *175 7% 17 13% 177 7Ya 167/a 13 *175 7% 457/a 45% 45% 42 44 No par 49% 50 49% 50 48% 48% *48% No par 65 Va 65 Ya 64% 65% 63 Y4 65% 63% 164% 164 % 164Y4 165% 31% *34 40 Y4 139 40% *137 40 % 139 100 30% *33Ya 135 20 15lYa 20 150% 138 *136% 31% 31% 31% 34 34 34% 11 11 11% 1,400 56 2,400 ♦54Ya 135% 138 20 Va 20 Va 20% 20% 20% 1,500 150% 150 Va 150Ys 150% 150Ya 22,900 69% 21,400 69 66% 67% 67 Va 67 Ya 69 Ya 148% 149% 148% 149 148 Ya 148 Ya 148 Y4 102 99% 101% 99% 100 x98% 99% 97% 98% *119% 120 120% 120 % 121 ♦119% 120% 119% 119% 66 % *120 67 Y4 9% 9% 9% 9% 9% 9 Ya 9% 9% 9 Ya 6,300 33 % 32 Y4 33 Y4 32Ya 33% 32 Y4 33% 33% 34% 15,700 94 94% 95 95 95 95 95 79% 78 Va 78 Va 78% 78% 78% 78% 210 14 14 Va 14 14% 14% 14 Ya 8,000 75 75 35 35% 35% 35 Y4 35Ya 357/a 27,800 34% 34% 34% 34% 34% 600 74 35Ya 34% 35 34Yl 34Ya 13% <.74 14 X34% ♦75 •75 76 Corp— 6.25 preferred 23 Va *108 23 Y« 23 109% ♦108 23% 109 23 *108 23% 109 23 rS O 00 66 32 Ya 68% 68 Yi 68 68 X66Y4 66% 66 3 2 Va 32% 32 33Ya 31Yi 32 Ya 32 *11% llYa 11% ♦11% 5 *4% 4Va No par *43% 10 preferred—100 114% 44 44% 11% 4 7/a 44 12 *11% 47/a 4Ya 4% *4% 44% 43% 43% 44% 45 43% 45Ya 115 113% 1157/a 43% 113 23 23% ♦108 20 Archer-Daniels-Midland 170 94% *78 Va No par Armco Steel Corp common 130 9% Cable 13 350 3,000 33% Wire 13 149 5 Anaconda 19 400 20 Va 22 Sep 45% Oct 1,700 150% 13% 116% Oct 9,900 136% 149 66% • 20% 74 3 r 151 Ya 34 Ya 13 430 400 40 Y4 100% 79 Inc 740 139 149 95 Common 2,200 11,000 166% *137 56% *135% 7,100 43% 49 63 Ya 40Y4 40% 55% 138 63,100 7Ya 166% 139 55% *135 29,900 13% 63% 166 55 *78 preferred 30 Y4 337/a 43 ♦47 17 177 No par Inc common 151% 30 337/a . 7% 637/a 11 100 25 ♦175 49 11 Va 55% 100 12% 13% *11 11 Va common 167/a 17 177 31 Ya 54 Y4 20 2,100 34 11% 135 5,900 34 56 _5 29% 33 Y4 30Ya 11% 100 *40% *137 700 29 34 Ya 55% Tobacco 41 139 77/a 33% 31% 11 Va com *40 *137 166 77/a 29% 43% 7% 45% 40% ' ■ 34 42% 5 166 18 1 f. 7% No par 166 8 7Ys 7Ya *137 120 9 Ya 29% 16Y4 4,100 37Ya 34 13% 147/a 9% 287/a *175 300 92 90 37% 34 13% 14Y4 *88% 9Y4 10 287/a 17 *90% •• _ 300 37% 37 35 177 92 15% 37% 9Ya 10 Va 37% 28% 84 84 15% 37% Refining convertible *83 15 Y4 1,200 15 Ya No par W Products Co 84 7,400 7% 84 9% *34 — 3C% 7% *83 *88% *88% , *15% *36% Co 600 2,400 49 30 14% 100 8,400 6% 15% No par Glass *47 90 No par 50Ya 84 14 Ya Co 6,700 45 6% 7% 89% preferred & 50% DAY 30 Ya 14% 25 13,200 45 COLUMBUS 49 88% common 4,000 34% 79 91 ' *47 100 Co 93 Ya 14% 78 6% 91 100 Viscose Corp common—14 $5 prior conv 6 % 14% preferred 4%% 6% 6Ya 35 Y4 45 *44 45 88% A 33% July 14 2% 91 Andes Copper Mining 89 2 Ya 15% 9 26% Jan 2% 92 4 Feb 2% 89% 5% Aug Dec 2% 14% 33% Oct Nov 2% 92 4 95 2% 15 Va 11 29 % 500 4,900 50 Ya No par 2,100 18% 92% Light & 6 18% 18 45 15 42 % 6 49 Ya No par Shares Sper share 44% 2 Jun S per share 45 Co—No par Sales for the Week Oct. 13 6 15 Gas 6,000 Friday Oct. 12 S per share 6 Thursday 497/a 15 Jun 6 Va 6,500 48% PRICES Wednesday Oct. 11 share 111% X47% 18% 6% 72% Oct 19% SALE 48% 29,200 18% 44% 12% Sep 77 HIGH 111 111% 80 71 170 18% 6% preferred Hock 47% - 18 VB *44% 12 26% May 111 47% *160 18% *94 P 112 69% 71% 170 3,700 93 22% 100 $4 *160 600 21 23% ' *21% 75 8 93 *20% 217/a $4 conv prior preference No par Amer Zinc Lead & Smelt com l 9 23 94 70 Va 71% AND $ per 21 23% 217/a 35% 23% Oct 110% Mar 94% 21 23% *93 600 22 1 No par Anderson-Clayton & Co 21% Aaderson-Prichard Oil Corp; 10 July 12 5,200 49% preferred Anchor 18'/a July 13 2,100 45 6 50 36% Sep 27 44% 22 25 27% Apr 26% 44% 6% Mining Jan 8 27% 6,600 22 Ya preferred 35% 14 26% 43% Tuesday share Copper Jun Mar 74% 6 Va Anaconda 22! 5% Feb 74% *21 % 14 27% Mar 10 75 6 Va 13 61 Jan 75 Oct. 10 Oct. 9 12 Dec 35% 32% 170 46 Va Sep 65 Jun 31% 43% 111% Monday 1 per 31% 27% *160 49% 46 31 % 75 69% 72% 170 280 31% *93 95 95 15% Sep Jun 6% 20% 24 77 Jun 6,000 183 104 '/a 105 182% 30% 36% Sep 4% 25% 102% 182 102% 104 181% 11 *90 Tobacco 7% 102 6% 14'/a 48% Dec 8 14 32.900 11% 6% 76% Tel & Tel Co 96 Ye Aug 30 May 15,100 6% 11% 6% 16% Woolen Apr 11% 6% 11% 6% 16 Va Water Works Co 21% Feb 108% 11% 6% 109% 11% 109 300 108% 11% 109 *108% CLOSED Co com 40 13% EXCHANGE No par 63 Va *62 37 16% American 63 17% 18% 62% 16 Va American 84 18 62% 16 Ya American 5% 18% 62% 16% 12 ya Mar 22 Jan Feb non-cum American 73% 18 Va *62 25% American 6% *72 18% 62% 77 111 of Co American Sumatra 121% Mar 28 91 % Mar see 73 *62 14% Stores Mar 30 80 For footnotes 23,100 90% Steel Foundries——No par 13 30 Jun 55% 11 76 Y4 American 17 60 % Aug Sep 108 10% 14 American American Stove Jun 146% Jun Snuff American Sugar Jun 99% Mar 11 90 50 Refg com 11 18% Jun 146% Jan & 12% Jan 59% 2 10% 77 preferred American $ per share 10 Ship Building Co 5 79 7% 10% 14% 100 Oct 21% 38% 10% 90 preferred American 13 150 Jun 31% 1,300 11% 14Ya & Std San'y com—No par Amer Smelt 14 19% 1 7% 24 21% , 48 89% Safety Razor Jan Jan 104 Va 48 15 Va 10 Seating Co 56% 130 62% 14 37% 110'/a 11% 6% 48 92 com 600 47% 24% American 43% 42% 18 % 182% 182% 31% 31% 74% 75 27% 27% 44 Va 44 Va 20% 20% 24Va 24% 97 97 70% 72 Va *160 170 111% 112 48% 49% 6 % < 146 47% 25% American Jun 164 < 145% 47% 24% 11 9% Jan Jun Jan 104 42 *38 42 146 xl46 146 48 1 51% Mar 16 37 Feb 13% *37% 42 *37% 146 1,200 10% 11 74% *62 42 800 3% 3% 6,400 47% 100 Aug 34% 3% 5,500 80% 80 14% Molasses Co_ 11% July 26 185 3% 3% Ltd com_No par Co Xl2 175% July 18 3% 3% 9,600 24,700 35% *35% 89 Y4 com Products Jun Sep 3% 79% 15 Va 100 10 — 89% 79% 35'A 81% 91% Metals Natural — 89 35% 78% 88'A 35% 79% 15 100 News Jan 89 35% 79% 88% 35 % 81% 3% *2% preferred 6% Jun 88% 35% 88% 36 common-—1 Locomotive Metal 16 88'A 88% 91% preferred 18% Aug 38% 42 *98% 23 Co Investment Amer Machine & 106% May 17 99% 37% *35% 80% 2% preferred 19 •98% 37% —100 Amer Mach & Fdry 3.90% 42% 38% 99% 36% 145% 400 1,900 99% *98% 38% 145% 10,300 22% 37 42% 42 99% No par American 142 43 36% preferred American 8% 29 42% 42% *38 1,400 57 40% Ice Co common 28 49 29 7% 33% Mar 16 Jan 28% 30% 36% Jan 6% Mar 28% 7% 1 23% 29 29 x30 '/a 3 178 *22% 7% Aug Mar 22% 30% 23% Aug 169 *22% 7Ya 32 — 23 30% Dec — *22% 7% Aug 14% 56 Va 30% 36 % — 10 57% 7% 33% ■ *9% 57 Va *98% 18% 9% 9% 57% 99% 38% *74 96% 9% 9% 42% 10% 200 57% 42 % 42 8,000 9% *98% 38 88% 147% 47% 100 36% 114 *95 97 *95 97 *95 81% 36% 57% 9% 30% Feb — 97 *95 10 2,500 77 114 2% preferred Nov —— 115% 18% SS Co Leather 32 a *112% 1 non-cum 17% Sep ■ — 7 115% 22% American International Corp_No par 11 3 Jan Jan *113% 18 % Products Home American 26 4 Jun _5% 15 92% Sep Jan 96% — 18% Feb 5% Jan 22 % — 114% 22 % Electric Co & convertible American Mar 29 Dec 18% Jun 73 preferred 6% 5 24% preferred $7 13 46 9% 114% 30 18,900 3'A •79 No par $7 2nd preferred A 100 36% No par No par Power com 3% 69% Jan Jan 81% 36% 2,500 76 75% 74% *79 36% No par Amer & Foreign Jun Jan 5% 74 81% 35% 40c American Export Lines Inc 37_ P 1 American European Secur Nov 5% 74% *79 37% No par 19% 21% Jun *73% 80 LOW Feb 3% 75 80 35% 3.900 2% 3% 74 29% *3% 3% . 20% 20% •74% 37% 29 *36 3% 12,200 V* 125 ' 82 Oct. 7 Jan 1% 3% Saturday STOCK YORK 13% 6% 3% 20 25 2% 2% 75 5 400 9% 52 24% 20% 75 29 EXCHANGE 15% 44 2% 20 Va 74% STOCKS Highest Feb 10 conv Range Since Jan. 1 Year 1949 Sper share 100 Co com 3%% American Range for Previous Lowest 10 10 3%% 23 49% Oct 32% Jan No par Co prior preferred- American 19 101% July 12 99 115% Jan 8 13 Chicle No par 39% 41 2% 20% 3% 31'A •51% •118 2% 3% 2.000 41.100 9% COLUMBUS 24% 74% 100 39 50 «A 31 DAY 20% 29 37% 4 14 % Apr *118 2% 4,400 V# •37% 125 ♦118 125 52 75 2% 22% *108Va 11% 6% 109% Oct 13 125 22% 100 1 40% Sep 8 7% Jan 24% 22% No par 5 101% Feb Jan 24% 57% *47% Airlines 24% 57 Va 22% Agricultural Chemical—No par American *51% 25% 9% x9% 51% 57 *145% Jan 106% *9% No par Corp 10 Va 51% 1,700 3,300 23 »5n 32% 31% 9% 52 *74% 3% 75% Mfg Common_No par preferred 100 24% 32% 31% 33% 10% 10 21 3'A 74% *79% 37% Corp common—No par 30% *51% 20% 2% 75 new__No par 49 21 97 10% Jan 125 *2% 21 *95 Jun 13 *118 *38% 49% 49 *118 *74% 1 Petroleum 25 100 gtd 5% Jun 10% 52 25% No par conv 327/a 10% 119 preferred Aluminium 16 10% Jun 27 81 32 *51% 5 Stores 4% 50 Va *115 Inc Mills Allied 10 July 13 60 21% CLOSED Amer 9% Jun 172% Mar EXCHANGE 49% 11 48% Sep July 38% 49% Amerada 27 30 % 38% Amalgamated Leather Co com__—_1 6% convertible preferred 50 Oct Jan 39% 49% 18 Dec 35 39% 41 *49% 26 69 104 *38% *40 Sep 12 96% July STOCK Jan Jun 30% Mar 23% 40 61% July x7% 23% 146 Jun 40 23% No par Chemical & Dye Allis-Chalmers 19 30 53% May 31 88 37% ■ _ Industries Allied 6 25% 25% 23 1 Allied Kid Co Sep 19 23% 100 w Allegheny & West Ry 6% Allen Jun 23% 10 $4.50 conv preferred Allied 15% 23% 8,700 26 23% 23% preferred A 100 prior conv preferred-No par 11% May 27 60% Aug 24 26 26 Allegheny Ludlum Steel Corp_No par 3 3% 4 3% 4 4 44% 44 43% 43% Shares t vershare $ per share t per share 4 25% 100 Mining Corp common 2 x55 —— — 4 44% 25% 5 8% Jan Jan ■ ■ Vicksburg Ry 89% Mar Feb 8% Jan 43% 4 25% No par Inc preferred w $2.50 44% 26% 1 Inc 5% % 44% 25% 50 Alaska Juneau Gold Aldens 4% $ per share f per share 26'A No par Equipment com Air Reduction 44% the Week Oct. 18 Oct. 12 Oct. 11 Sales for Friday Thursday Wednesday 26'A 1 Gas 2% 4 Corp__l0 preferred ww 13% 97% Mar 44 % PRICES SALE 1 Co Corp Affiliated 9 25% Sep 20% July 13 110% Jan 5 Express Adams-Millis Corp 17 55% Mar $ per share HIGH Tuesday Oct. 10 Oct. 9 10 Co Addressograph-Multigraph 13% Mar 15 5 5 2.50 Co Motors Steel Acme May 31 39% Apr 3 7% July 26 51 23% May Jan 18% July 14 17'A Jan Dec Jun 5% July 44 y2 47 May 14% 46 6 23% Oct Jun Jan 22 26% Oct 1 3 21% May 35 4% Apr ACF-Brill 2% Feb Jun Oct 27% Mar Abbott 19% Jan 1% Par Laboratories 21 AND Monday Oct. 7 $ per share 54% Jan Dec 17% xl7% t per share LOW Saturday EXCHANGE Highest 40% July 28 Dec 51 Jun 37 Lowest Highest STOCK YORK NEW Year 1949 Lowest 12 5 44% 108 40 76 23% 108 . 10,000 50 65% I 65% 1,000 32% 32 Ya 24,100 •11Y. 4% 45 12 4% 45 100 400 900 44 Ya 43% 45 44 Ya 45 Y4 46,000 113% 112% 115 115Y» 116% 1,360 12 The Commercial and Financial Chronicle (1444) YORK NEW Highest t per I per share $ per share $ per share 13 10% Apr Jan 13 88 Oct Jun 77% Jan 38% Jun 51% Dec 39% July 26 104% May 10 117% Jun Jun 101% Dec Jun 94 105% 114 Oct 107% July 31 137/a Mar 16% 13% Jan 88 49% 102 115 27% Oct 9 20% Sep Mar 3 115% Oct 25 7 Apr 4 107 Oct 7 *101% *114'/a 28 25% May 10 24 July 12 11% Feb Sep 15 Mar 10 95 Apr 109 Dec 104 Apr 101 % Dec 98 Co Investment 30% Feb 50% 2 80 Jun 105% Jan 100% Jan 16 135% Oct 2 Jun 105% Nov 103 % Jan 27 110% Sep 19 10% Dec *28 27 19% 115% 106 52% 10 Atch Topeka & Santa 97% 59% Mar 39% July 12 13 41 Jan 13 59% Sep Jan 28 80 Jun 27 24 63 % Oct Dec 77 Feb 94 Mar 86 30% Jun 42% Feb 53 Dec Jun 112% Jun 102 Dec 20 Jan 108% Feb Dec 93% 106 City Atlantic Coast G & 5% Refining 5 13 4% Oct 13 25% Feb 22% July 13 conv Atlas 7 *101% 114% 114 ! 114 % 115 STOCK 113% 113% EXCHANGE 11% 11% *27'/a 27% 28 28% 24% 27 Va 27% 25 19% 115% 114% 326 17% 11% 1,000 27 Va 700 25 Va 25% 6,700 27 % 27% 2,300 9,500 19% 19% 19% 115% 115% 115% 108 107 107 51 49 116% 107% 107 107 53% 114 *16% *107 19% 19% 115 "106 19% 100 114 11% 27% *27 27% *27 103 27 Va CLOSED 25 24% 19% 115% 53% 51% 51% 50 131 % 132% 108% 107% 108% 1,300 14% 14% 14 V2 2,100 18% 18% 900 57 Va 57% 3,700 80% 400 132 109 14% 14% 14% 19 18% 18% 18% 18% 18% 18% 57 56 57 56 56 % 55% 57 77% 78 78 80 78 78 *78 92 *90 95 *90 93 *90 60 % 137% 134% 138 102 102 5 92 61% 60% 60% 61 30% 133% 137 133% 135 102 101% 102 23% 24 23% 100 63 V2 35,600 138 Va 137% 94% 62% 62% 134 134% 102 24 % 136 134 % 24% 7,100 133'/a 132% 108% 95 2,400 14% 131% 108% 62 % 180 110 49% 108% 133% *77% 600 3,300 102 COLUMBUS 11% 28% 17 19,000 86 100 17% 11% *27% 17 Shares DAY *16% 11% 28% 17% share 49 Va 49 102 *101% 101% 11% 135 100 Corp 101 V2 102 *85'/a 28 *16% 135 series B $3.75 48% 108% 60% Preferred A called-——— Preferred 86 48% 132 *90 preferred series A—100 Oct 102% July 25 86 49 57 100 25 141 6 99% Jan 86 48% 10 77 No par 1 common 86 48% Sales for the Week 10 % $ per 14 Va 14% Lines common preferred non-cum Atlantic 13 RR Line I SS W 48% Oct. 13 $ per share 10% 109 14% *18% 141 1 131% Oct 24'A Aug Atl Mar 23 -10 10 134% 133 *108% Electric Co. Atlantic 93% Aug 31 36% Jan 73 68 Fe com—100 preferred 100 10 non-cum A T F Inc 12 Jan 47 Jun 21% Jun 5% 15 Vs May 18 17% July 27 32% 10% July 13 Jan 15 12 28% 28% 27% 19% 115% 107 52% 12 28 Associates Nov 17% *16% Inc No par Inc.————2.50 Ashland Oil & Refining Co com—1 $1.20 cum conv preferred—No par Associated Dry Goods common 1 6% 1st preferred-—100 1% 2nd preferred 100 Arvin Industries 9 28% Sep 10% Friday Thursday Oct. I I $ per share 88 *87 Artloom Carpet Co 12% Jan July 17 21 87 9 July 13 July 13 8% 21 15% 8 Jan 19 18 14% Apr Dec 7% July 10 Aur 53 100 % Mar 13 88 *48% $0 conv Oct. II 10 10% 10 com PRICES Wednesday $ per share I per share 10% prior preferred No par Armstrong Cork Co com No par $3.75 preferred —Nopar $4 convertible preferred—No par Arnold Constable Corp 5 6 49% I per share 10% Illinois Co of & SALE HIGH Tuesday Oct. l(i Oct. 9 5 Armour 24 Dec 69 Par share 7% Jan 8% AND Monday Oct. 7 EXCHANGE Jun 5 LOW Saturday STOCK YORK NEW Range Since Jan. 1 Highest Lowest Monday, October 16, 1950 RECORD STOCKS Range for Previous Year 1949 Lowest STOCK ... 141 2,220 4,780 134 • 138 138% 141 101% " 102 102 102 340 24 3,400 30 2,700 23% 23% 23% 23% A.tl&s Pov/dcr**— 28% Sep 100 15 32% Aug 7 New 2 115% Oct 2 4% 105 20% Sep Jan 15 Sep 6% Jun Dec 14% Jun 29 Jan 5% Jun 29 10% July 11 14% Jan Feb 7% 13% Feb 15% 4% Jun 4% 5 Feb Dec 110 Feb 8 17% Mar July Feb 16 8% Aug 8 Feb 28 8% Apr 25 Autocar 12 Avco 16 Atlas Tack 10% Nov 4"% Jun 7% Jan 5% Jan 3 9% Apr 18 Jun 44% Jan 37% Jan 4 53% Apr 18 Jun 15 Nov lb July 28 15% Jan 25 Jun 12% Jan 30 114 112% 25 24 % 8%, 8% 8% 8% *15% 15% 15% 7% *13% 7% 13% (The) common—3 preferred —No par 8% 50 8% 50 Canteen Co Mfg Corp conv 25 7% 13% 8% * 16 15 % 114 8% 8 8% 49 49% 48% 8% 3,600 *15% 15% 100 7Ve 7Va 7% 2,600 13% *13 Va 13% 3,600 8 8 8 8 48 Va *47% 49 700 8% 16 7 13% 8 "a 8 -J--* 114 25% 25 8% *15% 7 Vs 13% *112% 25 25 lfi 6% 13% 7% 14 30 30 114 24% of Amer—5 — $2.25 30% *112 % 8% prior pref ($1.20)——No par Co 5c Conv 29% *112% 30% *30 30% *112% 114 25% 25% 20 common..—No par Nichols Austin 34% — Corp——No par Automatic 25 7 30 (voting)— common convertible pfd ser A——_100 48% 54.900 1,900 48 % B xl3 8% 5 9% July 151/4 Aug 11 34% Oct 11 Oct 11 Jun 11% Jan Jun 14% Jun 22% Jan 17% Jun 29 14% Jun 25 Jan -47% Feb 3 60% Jun 72 July 38 Jun 53 Dec 15 Sep 21% 36 Nov Feb 55 20% Feb 39 Jan Jan 9 % Jun 30 Dec 29 % Jun 29 Dec 98 Feb 9 33% 101 13% Jan 86% Nov Jun 29'A Jan 30% Jun 7 '11% Jun 16 Feb 13% Jan 10% Feb 16% Jun 17 Jun Feb 6 Beech 34% Jan 5 Beech-Nut 85 Mar 98 Oct 26 Jun Dec ?37% 11 13 Bell 5 Apr 11 Jan 277/a Nov 20 'A July 27 26% May 85 Dec 81 90 1% Dec 23% Feb 26 2% Jan 11 12 Best & Dec 31% Apr 20 39% May 26 Best Foods Jan 30% Jan 13 44% Oct Bethlehem Steel 141 Jun 139% Jan Dec 23 31% Mar 11% Mar Oct $ per f per share 30% Jun 15% Nov 8% Jun 14% 9% Jun 15 Jun ; 25% Mar ; ; 27 17 May 23 27 14% Jan 5 Bliss (E 4 18% Jun 5 Bliss & 22% Jan 3 38 Boeing Aug 13% 64 Jan 43% Aug 32% Jan 14'A July 19 % July Nov Dec 51 60 Jan 73% May 26 1 22% July 28 47% Jan Jun 9% 101 Aug / 25% Sep Apr 1 26 12% Aug 14 Jun 32 Jan 27% July 13 36 % Jun 20% Jun 29% Nov 25% July 14 25% Oct 33 Jan 23 % Mar 24 29% May 19 29% Jan 6 98 Jan 18% Jan Dec Dec 39 100 Apr 31% July 13 48% Sep 12% 95 Jun 13% 36% Mar Dec 24 Feb Dec 19% Jun 120 7% 10 Dec 102% Jan 15% Dec 40 Jan 9 29% Marj Dec 100 26 53 Feb 14 Mar 2 47 Oct 16 104 Jun 36 Jan 31 % July 19% Dec 17% Mar 30 95 Nov 91 July Jun 91 Dec 80 Mar 29 Apr 84 Dec 82% Jan Apr .73 13% 16% Jan Jun 8 May 122 Dec 108% July 12 6% Jun Dec 8% July 12 60 11% Jun Feb 82 3 Feb 4% Mar 17 Jun 24% Jan 98% Jun 20% Jun 69% Mar 105 3% Jan Xl7 Dec 101 Jan 26% x21 Apr 1 Budd , (The) 5 100 Co common Nopar Bulova 25 Burlington Mills Corp common 4.% , 20 13% Oct 3 86% Oct 7 t 3 5 Apr 10 Sep 13 24% Jan 5 105% Jan 24 Oct 5 27 : ..Nopar Co 3%% 20 Inc -'5 1 100 preferred conv 2nd preferred 100 preferred 100 Burroughs Adding Machine._No par Bush Terminal— —3 3%% Bush Term Butler Bros 4%% Butte Bldg 7% preferred._100 —15 common 100 5 preferred ...* Copper Zinc— & r.No par 7% participating preferred 100 Byron Jackson Co.———__No par ( A M) common Byers Co 10% 10% 30% 31 % 37% 37% 20 21% 20% 21 % 2,200 10% 10% 10% 2,200 10% 30% 30%. 25% 25% 25% 25% 2,100 26% 26 Va 26'a 26% 26% ♦26% 26% 1,000 89 % *89 % 91% •89 % 91% 89% 10% 10% *31% 32 *31% *31% 31% 31 31% 30% 31 30% 16 16 16 16% 19% 19% 19 % 19% 17 % 17% 17 Va 17% 17% 33% 16% 13 % 17% 100 % ♦100 16% 13% 17% 36"% 60 10% 10% 2,700 31% 31% 31 % 30% 31% 1,700 16% 16% 10% 16% 2,100 19% 19% >100 18 *100 49% 15% 15 V* 50% 50 11% 47% 48 47% 48 47% 48% 6,900 14% 14% 14% 14% 14% 14% 14% 1,400 23 Va 23% 23% 23% 23 Va 23% 23% 23% 81% 81% 81% 81% 81% 82 1% 1% 1% 1% 1% 28% 28% 28% 28% 28% 37% 37% 42% 149 37 Va 38 Va 37 44% 43 148% 42% 43% 148% *148 28% 28% 28 17% 17 147% 1 28% ♦16% 17 AND Monday 28% *17 HIGH SALE 33 33% 16 28% 37% 37% 2,300 43% 38,500 148% 600 28% 28% -29% 3,500 17% *17% 17% 400 PRICES 33% 16% 16% 16% 6,100 13 13% 12% 13% 6,100 17% 17% 17V4 171,4 17Va 17Va STOCK 17% 17% 900 35% 3 6'A 35% 36% EXCHANGE 35% 35% 14.400 x27% 28% 28% 28% CLOSED 28% 29 //■/■ 51 50 50 x48 V2 49 Va 15% 15% 15 Va 15% 15Va 15'/a 16% 16 % 161/4 16% 15% 16 50 Va 50% 50'/a 50% 50% 50% 68% *100 Va 70% 101 68 % * 100 Vs 2% 25% 25% 25% 25% *25% 13% 22% 102 • 50% 3.600 8,800 Va 68% 100 Va 20 2% 2% 2,100 25% 26 69% 100 Va 2% 25% 2,100 9 Va 2,000 9 9 24% 24 24 24 24 12 11% 12 12 Va 12% 3,400 33% 34 32% 33% 33 33 32% 33 Va 5,500 28% 26% ♦102 9% 28% 2 8'/a 27 103% 8% 9 9 26% 28% 27% *28 Va 26% 28% 28% 27 103 % *102 *102 26% 103% 36% 36% 36 % 36 Va *36 50 Va 49% 49% *49 *102 36 % 49% 49% 18% 21% 18% 17% 28% 1,200 27% 5,300 103% *36% 49 _ 500 36% 900 49 11% 11% 11% 11% 12% 47 47 47 47 47 103V4 *101 280 *101% 103% *101% 21% 21% 21% *21% 18% 17% 18% 18 Va 11,900 300 103 V* 22 1,900 18% 6,900 *1231/4 124 16% 17% 16% 16% 16% 17 16% 17% 30,000 94% 94% 94 94 94 94% 94 94 % 1,300 39 39% 22'/a 22% 37 37 124 124 *123% 124 124 124 160 39% 39 22% *36% *38% 38% 600 22% 22% 22% 22 Va 22% 2,200 37 37 37 37 37 39% 38% 24 24 % 23% 24% 23% 24% 97% 98 *97% 98% 98 98% 99% *95 99 97 97 98 88 *84 88 *84 88 *84 700 98 88 *96 *84 13% 9 Va 120 12% x21% 26% 50% 11% *85 Va 102 26% 52,800 24 22% r 500 16 Vs 12% 87 6 *85 6 15% 15% 24 9% 21% 9% 49% 15% 12 103% 13% 630 48 DAY 24 21% 120 13% 2,500 COLUMBUS 101 2% *101% *9% 69 1001/8 2% Tl% 88 68% * 2% *46% 98 99% 69% 101 2% 11% 24% 2,100 16 50 22Ye 37% Shares 33% 16% 37% 95 39% Sper share 33% Sales for the Week 13% 21% *116 $ per share 33% 29 18% 124 17% Friday Oct. 13 16 46% 24% *97% 99% *84 13% Thursday Oct. 12 $ per share 13 Vs 11% » 36% 13% 10314 17 1,800 16% 46% * 29 xl3Va 46% *101% 21% 18% *123% 400 38,500 43 Va 33 33 1%, 148 Va 43% 148 Oct. I I $ per share $ per share 1% 29 4,900 83 *81 1% Wednesday Tuesday Oct. 10 11"% *46 10 49 35% 50 1,900 3.000 14% 28 12% 12% 33% 3414 2814 28% 27 , 27 *102 103% 37 37 20 Va 100% 48 51 y 60 19 19% 18% 100% 29 49% 15% 1614 36% 29 89% 10% 32 10% 10% 100 100 Oct. 9 34 110 25% 31% I per share 1,100 31% 104 104 25% 10 % *148% 149 29 29 17 17 30% 30% 103% 25% 31% 28% 37% 44% . . 25 % 89% *28% 37% 44% 38 103% 91% 10% 32% 15% 15% *19% 20 *17% 18 *99% 100% 48% 48% 14% 14% 23% 23% *81% 83 1% 1% 200 10% 21% 106 *104 105 1,500 18,900 21 •37% 38 28 *38% 22% 37% 22 Sep 10% 105 % 21 *89% 10% *31% *93% Bullard Co 22 26 1 Buffalo Watch *37% 38 21% 30% 31 105 25% No paT $5 preferred ——: Forge Co 24 9% Jan 13 26 Nopar preferred $3.60 15 common 23% May 22 125 7 July 12 Sep 15 /I • Inc Bucyrus Erie Co common 7% preferred— 15% May Mar 31 9 Jun Bigelow— 27 126 92% July 25 12% July 13 Jun __No par Bruilswick-Balke-Collender—_:No par 102 18 7 15 11 100% Aug 17 3 x97% 2.50 .Nopar 37% Sep 25% Sep , May 13% 70% 5 Co.. i—2.50 preferred —,—100 Brooklyn Union Gas com No par 5% cum conv preferred 40 July 10 39% Jan 34 % Jan 29% common 3%% Co *37 % 14% *26% Bristol-Myers Co common Shoe 6 , Jun *10% Briggs Manufacturing Corp__No par & 94% Oct 17 21% 15 Briggs & Stratton Brown 74% Jan Dec *37% 1 Inc.,, Airways Brown Oct Dec 3,700 No par Brewing Corp of America Bridgeport Brass Co 12 18% 19% 5 A— Bearing Roller 7 Jun 18% Jun 35% 19 Va 2.50 .5 (The) 11 12% Jan Feb 19% 20% Jan 15% July 17 Jun 19% *2% 2% 25% 25% 914 " 914 *24 25 14 121 % Jun 12% 19% 70% 70% *100% 101 18 Sep 61% July 19 5 —100 12 13%- Dec 125 Jun 18 % 25% Feb 18% July 14 76 77 Jun 1,800 18 % 1 Inc.—._. Corp preferred 3%% 44% May 17 , July 12 26 % * 105% Jan 20 51% —No par Brass—> & Borg-Warner Braniff 10% Aug 32% Jan 21% 105% 50% No par Co Bower 14 Jun 50 Va Oct. 7 Co class Co Stores 5 27 20 50% Boston & Maine RR (assented)—100 4 3% July 27 7% Mar 10 7% Feb 8% Mar Jun Ami Feb 30 50% Saturday Inc..—„ Laughlin Borden 15 49-% 50% 18% 38 ' 21% 10% LOW Class B 9 1% Jan Jan Bon 12 4 55 6% 10 16% Oct 97% Apr 6% Jan 51% Apr Dec 50% *72 73 50% 18% STOCK _— Airplane July 17 Dec 50% *72 *14% , Co—'— W) Aluminum July 13 59% -25% Bohn 12 % 98% 2% 5 13 45 Apr 1% Mar Sep Bond 91% May 42% Co Blaw-Knox x24% Jan 3 38% Mar 7 31% Sep 1 Aug 18 9,200 73 Par 13% Jun Aug 50 30,300 27 Va 72 Mfg Co——No par Decker Black & Oct 22%. Mar 25 34% 26 Va 73 100 $ per share 34 Jan 33% 28 73 EXCHANGE 26 27 / 34% 26% 72 com—No par —— YORK NEW 13% Jan Dec 17% f—» (Del) preferred 11% Jun Dec ' $ per share 32 % 26% 72 Bigelow-Sanford Carpet No par Birmingham Electric Co__—No par 25% Apr Jan 10% 2 22 30 Range Since Jan. 1 Highest share Jun 7% Oct 17 % Jun 3 Lowest Highest 22% 21 Co STOCKS Range for Previous Year 1949 Lowest 6 151% Aug 21 July 13 9% Jan 32% 26% 73 Co—18 pesos '—1 1 Benguet Consol Mining 29% Jan Jun 31% 27 pfd $3.25 ser of 1946.No par Cum 33% Jun 21 3 23 25% July 14 1 33% 26% 100 5 - 36 • 9 Feb 31% 26% Appliance——33 Vic Beneficial Indus Loan common 10 Oct 2% July Jun 22% 12 33% 26% Home 27% May 129% Sep 33% 10 preferred Aviation Bendix Jan 23 % 4%% Bendix May 15 Feb 109,800 1 1 ; Howell Co common. & 16 6% 16% 1 50 .10 Belding-Heminway Bell Aircraft Corp— 13 52% Aug 31 9% Jan 14 15% 100 Co— Packing 100% Oct 34 % Jan pfd RR— Oct 21% 25 Creek 4%% S) (A Sep 19 73% ' conv cum Shoe 16% Oct Feb x85 $1.50 21 3 12% Jan 13% 16% pfd—No par Beech Aircraft Corp.—— 32% Feb 12% Feb 11% 28 Mar div Beck July 13 27% Feb 11 1 12 32 % 14 15% 30% 2 90 7 14% 13% 15% 105 25% 11 3 14 13% 14% No par Oct 30 Jan 7% Feb Jan 14% 13% 15% convertible preferred—100 Beaunit Mills Inc common 2.50 26% Oct Jun 74 10% 14% 14 15 3%% 12% Aug 21 Jun 14 % 13% 15% Beatrice Foods Co common..—12.50 May 11 26% Sep 15% Mar 25 Corp— Inc Cigars 14% 14 50 1 — Works 14% 13% 15% 10 „10 common— preferred Iron Bayuk 9 34% May 17 108 Brothers 4%% Bath 25% July 26 Corp .(Delaware) Oil Barker 26 3 preferred—: non-cum Barber 8 27 20% Jan 6% 17 14% Jan Mar 69 4% Bangor & Aroostook common Convertible 5% preferred 14% 100 50 100 Locomotive Works Baltimore & Onio common Aug 29 15% July 12 NOV 12% 74% Aug 13 36% Jun 17% Jun 12 63 Oct 15% 11% Apr 39 % July Jan 41 Feb 26% 28 Mar Jun 9"% 87% 9 1 13 100 Inc T) (B Baldwin 3 16% Oct 27 7% Babbitt 6 *101 25% 13% 13i% 9 Va 9 123 13% 13% 24% *97 Va 24% 14 13% 13% 9 9 9 9 124% 124% 124% 124% 130 6,200 13% 12% 13% 13 13% 13 Va 13% 85% 8 6 Va 85 Va 85% 85%' 85% 6 6 21% 102 Va 16,400 9 87 6 120 500 • 124% *121 22% 17,200 99 6 21% *101 102% 26 25 25% 21% *101 25% 6% 1,000 50 6 Vs 6% 3,100 21% 99 21% 4,200 102% ♦101 102 Va 200 25% 26 26% 3,000 3.100 ■ 52 Jun 3% Jun 9% 34% Feb 5 52 Sep 18 Apr 50% Aug. 11 55 Jan 26 3 Sep 12 Jun 16% Dec 58 May 1 36% Feb Oct 1% Feb 8 5% Jan 4 Feb 28 22% .. Jan 17% Jun 27 2 . . 7% Aug 24 24% Sep 22 Jan 12%. Feb 98 Sep 109% Mar 35% Jun 41 16% Jan 21 10% Jun 15% Dec 13% Mar 30 40% Jan 51 Dec 43 % Apr Oct 16% Dec 14% July 13 18% Jun 52 57% May. 15 12 % Mar 50 For Mar . July 14 12% Feb 2s Feb 28 106 5% preferred Calumet & Hecla Canada Southern Ry Co—: Jan 5 43% Oct 9 Jun 29 20% Feb 15 Canadian Breweries 2 Canadian Pacific 9 Cannon 9 Capital Admin see page 22. Sep 14 49% 50% 48% 49 47% 48% 47% 47% 53% *52%, 53% 52% 52% *52% 53% 52% 52% 2% 2% 2%' 2% 2% 2% 2Va 2 Vs 2% 2% 4,900 5 6% 6"% 6% 7 6% 6% 6% 6% 6% 6% 5,200 23% 23"% 11% > 11% 100% 23% Campbell W & C Foundry No par Canada Dry Ginger Ale com_.1.66% $4.25 conv preferred Nopar 17 58 50% *52% 1 , Cons Copper 40 20% Oct 50% 50 j. Zinc-Lead Callahan Oct 3 ' California Packing common—No par ■ May • 56%: Nov footnotes 8% July 13 94 ' C . 30 100 99 *19 1 43% 43% 20 20 20 23V4 11% 99 43% *42 No par Ltd 23% 10% *99 .10% , •< *98. 23% 11% 99 • 42% 42% *19-% 19% ■>B - » 22% 10% 23 23 23% 11% 10% 11 *98 99 Va 99 99 *42 42 % 19 Va 1'9% 42 •.'I v"f t. . ♦18% 40 2,200 14,800 80 42 130 19% 400 20% 19% 20% 191/2 19% 19 % 19% 19% 52.000 _-_.No par *56% 57% 57% 58 57 57 *56% 57% *56 57% 500 class A common—1 *17% 17% 52 Va 17% 17% 17% 17% *17% 18 *17 18? 600 52 Va 52% 52 Va 53 % *53 54% *53 54% 180 Mills $3 preferred A 25 Ry— — 10. 20 52 % 19% Number 4951 Volume 172 . (1445) The Commercial and Financial Chronicle . . NEW Year 1949 9% Feb j',4 Lowest $ per $ per share per'share $ Range Since Jan. 1 - Highest - Jun 108 Feb Jan 33 Dec 25% 12% 2 >3« Jan 30 Mi Jan 3 Jun 35 M» Jun 18 Ms Dec 15 M2 37% Sep (r Feb 8 Ma Nov 34 Ms July 25 x7% Mar 13 30 Jun 45 M2 Nov 35% July 13 Jan 131 2'J7e Jun 100% Aug 140 Jan 140 Dec 104 Ma . July 13 Jan Dec 54 July 28 Jun 4 Jan 3 15 Jan 3 Jan G Jun 24 Ms Jan G34 Mar 9% ^ Dec 1234 •- July 17 Nov 36% Jan 112 Ma .vOct 11 Ms 33'a 1041 a Dec 14 Ma' Oct 10 % Jun 14 Ma 9 % Dec - 57o preferred Central & Central Violeta South 16 Ma Dec 11 Ms 29 Certain-Teed 31% Nov 31 Jan 11 Jun 31 Ma Dec 46 Ma Oct 7 Jun 98% Dec 3% 5 Ma Jun 3 Jun 12 May Sep 14 Dec 10 Mi Ms Apr 10 Feb 13 Ms Dec 1.1 Ms Jan 13 19 Mi Oct 4 1?% Jun 20 Ms Nov 19 Mi Jan 3 327/8 Oct 13% Oct 13 Ms Aug 7 17-Ma Oct. 13 3 Jan 73/4 Jan 3 5M2 Jan 4 Jan 5 Jun 8% Jan 7 Ms Jan 13 Jun 34% Dec 5 Ms Jun Jun 4% 17 15 July 12 10 j, . 46Ms Oct 277/s Mar 30 11 Jan 19 3 Oct 13 11 Jun 15 Jan Dec 36 Mi Jan 273/s Jan 3 42 % Oct 11 Jun 29 Ma Mar 26 Ms Jun 30 35 Ms Sep 26 49% Jun 55 Ma Dec 53Ma Jan 17 61 Sep 26 25% Jun 41M2 Dec 36% Jun 27 473/4 Sep 22 Chic 6,800 T 15M2 153/« 14% 15 143/4 15 Ma 14% 14% 14 Ma 143/4 15,900 No par *30 Ma 77 July 12 88 Ma Mar 17 11 Mi July 26 13 Ms Apr 19 Chicago Jan 133/4 Jan 19 11 Chickasha 4 Jan 3 Mi Feb 14 3 Sep 77/s Jun 22 Jun 60 Jan 45% Jan 75 Oct 7 30% Dsc 36 Jan 293/4 July 19 42 3/4 Sep 26 44 Ms Jun 68 Mi Dec 62 Ma 84 Ma Oct 9 Childs July 13 5Ma% Chile 45 46 Ma 8% 83% 8 Ma *40 Ma 41 Ma 33Ma *31 Mi 31M2 *83 Mt II 31% 837/s 11 31 17 Ms 17 Ms 12% 18% 32 Mi 12% *7% -15% 45 50 Ry Co cl A 25 No par & P vtc__No par i 17Mi 57 M2 45M2 *85 *12% preference—No par 100 No par Oil common 1 . preferred 25 i 25 *31 33 Ma" 200 33% 3 1Mb 31% 83'/a *82 Mi 8 3 Ma 500 11%- 10% 11 Ms 2,700 17% 17 Mi 17% 5,400 12% 14,800 84 84 11 10 10% 10% 17 Ms 16 Mi 16% 16 3/i 12% 123/4 173/4 18y2 17% 18 18 183/4 183/4 31% 32 Ma 31 Mi 31% 31 Mi 32 Mi 32Mb 12% 123/4 12% 12 Ma 12 Ma 13 Mi 73/B 7 Ma 7 Mi 73/s 7 Ma 14% 15% 143/4 16% 44 45 Ms 45 46% 12%. 1,100 313/. 31 Mi 84 12% 60 Me 41 12% 12 Ma ^ 19,000 19 Mi " 6,300 32% 7,500 13% 133/s 8,900 7% 73/4 7% 1,800 163/4 17 Mi- 17 Ms 17 Ma 194,100 46 Mi 46% 463/g 46% 39,200 . 17% 17 17 Ma 17 Ms 19 I8M1 18 3/i 13,600 39 39 Ma 39 Ms 39% 40 423/, 413/a 42 Mi 15,800 33% 34 Va 34 34% 34 Ms 34 M. 34 Mi 34% 17 2,400 59 Ma *57 Ma 58 Mi 57 Ma 57 Ma 57% 57% 44 Mi 45% 443A 45 Ml 44 Ma 46 45 Mi 45 Me- 9,500 84 85 Mi 83 833A 84 84 Mi 84 Mi SS Ma 1,500 12% 12% 12% *12 Ma 123/4 *12% 12% 17 16% 16% *16 3/4 17 Mi 6% 6 Ma *57 45% 853/4 13M4 18 Mi, *12 Ma 6Ms 6% 7 6 Ma 72 Ma 75 73 Mi 74 74 75 74% 42 Ma 41 Va 41 Ma 403/4 41 Mi 40 41 79 Ma 84 Ma 80 Ms 82 Mi 80 82 Mi 803/4 500 75 *41 Mi 833/4 74 *41 Mi 83Ms ——100 . Corp 9 9 *39 Ma 30% 33% 30% 12% 400 1,200 75 42 Ma *17 Mi / 67/s 10 30% 46 Ms 105 *82 Mi *31 Ma 16% > 1,300 *31 Ma 333/4 31% 103/i 32Mi 12 Ms 7Ms 153/4 45Ms' 17%) 40Mi 34M2 58 40 34 100 8% 41 41 83% 12% 18% 30% 453/4 105 106 8 3,4 '8% 40 Ma 30% 45% 45 *105 105 40 Ma 9 Mr _1 (The) 30% 30% 45% . 105 413/B *9 100 Copper Co Chrysler 30% 31 Ma 105 105 *31 Cotton Co 45 Ma 46 Ma 105Ma *8 *40 Ma 5 preferred series A Yellow Cab Dec Nov 16 Ma *30% 31 Ma 46 M2 *105 Rock Is & Pac RR Co__No par 13% 35 253/4 1.25 convertible 82 5Ms 25 Mi Chicago Pneumat Tool com__No par Jun Jun 25 A May 2'Ms 24% _ 10 Jun 25 Mfg & Louisv xl3 56% 24%' 40 B Conv 500 25% No par preferred 5','e 8 3/a 24% . Milw St Paul $3 9M4 10,900 19% 8 Ms 26 preferred vtc 100 Chicago & North West com__No par 24 14 17% 257/s preferred Series 2134 13% 83,4 _5 Issued" Ind Chic M* 19%. *8 Mir 8% A Class 8 14 I93/1 83/s 193/s 8% Chicago Great West Ry Co com—50 Chic 13% 19% 143/s 19% Copper Corp Co Chicago Corp d'/o 14 Mi 19% 14 convertible preferred Class 5 93/4 Jan 1,500 83/B Chic & East 111 RR Co com„No par 28 Feb 23 193/4 Chesapeake & Ohio Ry common—25 7 Mi 23 14 Ma 14 9 23 83/8 Sep 17 Ma 110 223A 14 M4 32 22 2,100 22% . *19Ma 5 15 2,100 32Mb —9.50 July 4 Mi Feb Jan 2,200 9 3/i 32 No par Co Chesapeake Corp of Virginia 3Ma% 27 Ms 9% 9 Ma 32% 3,600 22% $4.50 preferred 3 27 Ms 27 Mi 3,500 23 23 26 Ma Apr 12 Sep 9 112 2 2 Ma Sep 86 9 23 23 41 30 9 1,000 *111 23 4 :Jun 17,900 23 Mi. 223A Jan 76 1,500 9 Ms 111 HI III 22 Ma 25 ; 16 Ma 173/i 8% 22 Ma 111 23 M» Copper Corp Checker Cab 16 Ma 173/4 14 112 22 Ma 24 " 3 Belt 9% 32 Ms 33 23 M* Sugar Pasco "When Feb *111 112 8% 9 Ma 9% 32 3/i 23 V* Champion Paper & Fib com__No par 'lute 85 tie Chain *111 9% 33 Ma 8,200 8 Ma 26% 9 Mi Corp com—5 West 18 100 130 15 Mi 15 16 Ma *17% 50 Century Ribbon Mills T, 18 50 163/g Mar ' I 16% 16% 173/4 26 Ma 33 —100 class A_ Class B 106M4 July 17 10 Mi Jun 2 163/4 26 Mi 33 preferred I6M2 17% - 106 Ma 135 135 15Mi- 203/4 263/4 RR Co of N J 15 Mi 8% 9 Ma. 33 'ft Jun Nov 152% 15 15% 15% 8% 273/< Cerro 77 18,200 8% 93/s 18 Jan 39 Ma 8% *26Mi preferred series B vtc 26% Sep 18 3/4 Apr 34% 105% 100 8% 100 5% 2 17Ms Mar 30 Nov 11,400 8MB Central Hudson G & E Corp__No par Central Illinois Light common • 17 Jan 27 45 Mi 1053% 8 Ma 8% 24 Ma Mar 29 44 Mi *1043/4 8% 8Mb 21 M» 7 70 44 Mi 105% *151 Mi 16%- 87/s 1434 July v 152 Ma 433/i *104 3/i 173/4 No par Central of Ga Ry Co vtc 3 Jan *151 Mi 44 Mi 16Ms 8Ma Foundry Co 1043/4 15Ma f Sugar Central 12 Dec 43%. "104 Mr *177/s 5 ' Co 393/». I8M1 8 Ms Sep 9 Ma 45 Mi 1043/4 "I6V2 20 Aguirre 8Mb Jan 28 Ms 152 Mi 44 16 63/s July 14 5V« Aug 17% July 151 Mi 151 10,100 16 3 5 151 Mi 45 533/s No par Ms Oct 3 154 45 No par Corp common.^ 24 Jan ■=■ 152 300 52% DAY 39 4%% 25 Ma July 12 523/4 *106 Central 30Ma Jan 5 1Mb 383/4 4 98 52% 2,100 136 Dec * 51 Mi 3,800 9% 106 Ma 8 Ma 18% 53% 18 Mi 37 38 Mi 13% "91 51 Ma 4,800 9% *1053/4 27 July 26 54 18 Ms 37 COLUMBUS *134 Feb 9 53 P 38% 227/a July t, 9% CLOSED 37 Vi 9% 136 Oct 3 37 Mi 93/4 1053/4 Feb 12% Jan 18 37 Mi 93/4 135 25 July 27 5,12 * 18 *36% 93/4 136 6'/a July Oct -" 18% 37% 93/4 18 *135 113 27 17% *36% 97/s 136 9 9% Jun : 18% 37Mi 9% 10 2nd preferred July 17 8 Ms Oct 12" July 13 110 Ma Feb De c • 18 37Mi 100 common 4.20% 1st preferred—; Central IOM4 Mar 29 38 Ma Feb 17 Ms 50 1 25 6 Oct 28 Ma Aug 8Ms July 13 30 Dec 3 9 2,600 10 6 11 Mi Apr 7 Ms 11% Mar 44% *135 18 3 ' 130 443/4 100 20Ms Aug 29 Jan EXCHANGE 37% 173/4 Apr Jan 17 45 105% July 14 18% Jun 4 4 Ma 393/8 Jan Jun 143'4 43 Ma 2,400 1053/4 15 M2 IS1-! 43 Ms 29% 38 Ms 15 Jan 43 Ma 29% *105Ma Celotex 26% 43 16 Mi 108 Ma 1053/4 10 Jun 43Ma 16 108 105Ms Jan 1334 STOCK 163/s 108 Mi 38Ms *105Ma 21 130 Mi Jan 30 series 2,000 16 Mi Celanese Corp of Amer com__No par 9 13 Mi July 13 Dec 29% -43 Shares 10% *107 Mi I6M2 108 *104 Mi I'/o 132 Mi 30 Ms I6M1 100 18 Jun 30 Corp Tractor Preferred Aug xl 14 30 Ma preferred Caterpiilar 141 3 3 1% 9 13 104 Ms Jan «- 30 Mi Co common (J I) $4.75 Dec 30 Mi common Case 25 Dec 105 Ma 30 Mi 5 General 1 40 Mi Corp 25 34% Apr 107% par Ry Co preferred 4% Sep Apr 97 100 "107 Light——No 1073/4 Jan 29Ms Mar 21 2lMa 7% May May Mar 17 Mi 107 Mi & Conv 7 45 Mi Oct 106 16 3/4 the Week share 10% 107 Mi Power Carriers & share 17M* Ohio Sales for Friday Oct. 13 3 per 10 3/4 17Mi *106% & Carrier 16 10% 10 Ma —10 Mfg Co Steel 10 Ma $ per 107/s Clinch Carpenter $ per share S per share 11 Thursday Oct. 12 Oct. 11 107/s Carolina Oct 156 (Philip) Wednesday 1 - Carolina May 18 10 Mi Jun 27 . 104 Carey 1 10% PRICES SALE Oct. 10 $ per share 3 per share HIGH Tuesday Oct. 9 Oct. 7 _ AND Monday Saturday ' Capital Airlines Inc—„ 453/4 July 26 21% May 20 39 Ma 3 32Mb Jan Nov • 37 Ms LOW STOCK Par 18 HOMa July 13 34 Ma Mar 16 30% M-ar • Feb 20% May 11 27 Ma July 27 , YORK EXCHANGE i per share 12 13 July 26 102 NEW Highest share 8 Ms Jan Oct 14 If 0 RECORD STOCKS Range for Previous Lowest STOCK YORK 82 Ma 163/4 100 17 17 7 7 700 7 Ms 9,500 640 240 64,600 ■ - Range for Previous S per 26% Lowest Highest Lowest $ per share 323/s Apr share 97 Ma Jan 105 Ma 29 Mi 103 Mi July Sep Feb Dec 42Ma Jan 63/a Feb 79 Ma Jun 593/4 . 6 Mi Jun Jan 343/i Dec 16 Jun 19% Oct 20% Jun 30 Ma 30 Jan 3 82 Sep 25 26 68 Ma Mar 22 Jan ' Aug 8 Mi Jan 93 14 May 12 34 28% July 10 16% Feb 16 3 Mar 15 2OMs Jun 23 ' •- Mar 11 24 ¥ Nov 67 Oct 20Ms 105 5 Sep 19 Mar 30 72 Dec 112 Ma Jun 28 Ma Dec 80 383/e July 26 xl08 Sep 6 23 Ms July 13 Jun Jan Oct 150 43 Ma 36Ms Mar 108 f Mar 85 36 1 Jun 138 112 Ma Mar 3OMs Oct 8 Aug 1063/a Sep' 1 Dec 73 Feb 62% Jan 3 72 Mar 25 Dec 43 Jan 37 Jan 4 43 10 Ma Aug 101% Dec Jan 12% Jan 35 Ms Dec 29 Ms July 17 37% Mar 15 Mi Dec Co Clark Equipment Co C C C & St Louis Ry Co com 5% Jan 99% July 12 3% July 11 133 July 70 Mi OMs Feb 1% Sep 134% July 27 2 Ma > Nov Jan 5 % Jan 70% July 17 Mar 27 22- 7 5 No par 5 20 preferred non-cum 100 100 ^ Cleve Elec Illuminating com__No par $4.50 5% -100 preferred Cleve Pitts & Co RR gtd 1% Climax Foods 50 Molybdenum Clinton V/2% Inc conv cum No par Oct 4 Feb 18 7% 83 Mi Oct 4 4 '/o y X124 Ma Jun x'12 Sep 119 * 1075 Jan 1075 Jan 974 29%' Feb 89 Jan 43% Dec July 13 July 31 Dec 100 165 Jan 3 1000 Sep 28 463/4 Oct 37% July 17 96 Me Sep 26 4 IOU/2 May 22 Coca-Cola 13 % Feb 173/4 Jan 14% July 17 22 Oct 10 Collins & Jun 19 Jan 14 Mi Mar 30 23 Mi Oct 6 Colo Fuel 18% Oct 11 15 Jun 19% Jan 16 Ms Feb 15 7% Jun 8% Jun 17% Dec 17Ms • Dec 16 16 - Mi • 18 Ms Oct 13 13 5% Jan 13 32 Jan 13 353/s May 26 Mi'May 27 14 Mi Apr 13 Columbia Gas July 12 14Ms Oct 13 Columbia Pictures Jun i 22 Ma Sep 19 i 27% Dec 24 Ms Apr 60 Ms Dec 45 Mi July 26 22% Mar 6 B 46% Feb 13% Jun 20 M4 25Ms .Jan July 25 15 Ms July 5 Dec Carbon ; Columbus & " ;. 1 Commercial Credit Co 3 Commercial " * Dec 10 Ma Aug July 18 11 Mi Feb 3 Conde Nov 203/4 July 12 30 Mi Feb 6 25% Feb 34% Dec 25 Ms July 13 41 Feb 6 4 Ms Jan 293/8 Dec Jun Feb xlOG Apr / Oct 109 15 5 Ms Aug July 12 33 Ms May 3 Ms Feb 26 Ms IO6M1 July 19 21 19 1093/e Mar 18 23 M4 July 26 27 Ms Jun 19 112Ms Sep 28 117 Ma Apr 12 105 Ma Sep 26 108 M2 May 24 11 Jun 14 Mi Jan 14M4 Sep 25 ■8 Feb 11% Sep * 5 123/4 Jan 28 Jun 46 Mi Mar 40 Ms July 28 47M4 Feb 6 11 Mi Feb 21 Ms 15 27 24 Mi Oct 11 10 38% Jan Jun 12 Ma Mar 7 Ms Jun 10% 8 Jun 233,4 July 12 Mi 36 Dec Apr May 103/4 July 13 93/s July Jun 10Ms July 13 9Mi Mar 10 Mi Jan 29 105% 27Ms 93 / Apr Jun Jun Jun 113 Mi May 12 108 111 15 38M8 Jan 3 1013/4 Jan 11 Dec 14 Ms Apr 24 Dec 17% 88 /37Ms Dec 102 3/4 Dec 6% Jun 9 Mi Dec Feb 78% Dec footnote* Sep Dec 56% For 4 1103/s Mar 30 Nov X98 95 Mi Oct Dec 41 Mi 13Ms Jan 85 -Jan Jun Mar 16 36 <-ee cage July 28 303/4 July 25 102 Mi Feb 3 Jan 63 Ms Sep 106 4 28 Mar 15 19Ms Jan 24 Jan 24 100 413/s Jun 107 Ma 23 July 19 32 Mi 323/i x31Ma 1053/4 1063/4 105 106 82 Mi 32 32 33 Mi 5,400 106 Mi 3% 33/4 3% 3% 29 Mi 29% 29% *81. Mi *135 Ma 137 98% 98% 126 21% 21% 21 Ms 22,600 Xl8Mi 18% 18% 18 Me 25,500 183/i 18 Ms 1,900 22% 23 22% 22% 22% 23 Mi 23 Mi 233/a 6,100 27 27 *<iO'/4 Z0J/4 27 27 Ma 273/a 273/8 390 29 29 Ma 680 *27 28 Ma 120 27% , 28 Mi 29 18% 29% 29 Mi 29%. 27 27 27 Ma 343/4 36% 36% 40 Mr 373/B 39 Ms 27,500 343/4 28% 36 36% 40 37 Mi 393/4 13,500 12% 12% 125/8 12Ms 22,200 133/4 14% 14 Mi 14 Me 11,000 72 71 71 29 27 *26 *26 12% 13% 133/4 13% 13% 70% 703/4 69 69 38 37 375/8 37 Mi 373/4 37 Ma 38 Ma 38 38 Ma 3,700 193/8 19% 19% 19 Ma 19 Mi 19 Ma 19 Mi 193/8 5,500 11,900 193/8 ' "70 ; ■ 34% 34 Ma 36 34% 35 34 34 34 Mb 52 M2 53 52 Ma 53 Ma 513/4 52% 52 523/4 52 Ms 53 7,500 19% 20 19% 19% 19% 193/4 19% 19% 19% 20 14,700 283/s 28% 28 28 Mi 28 28 Ma 19,600 28% 283/s 28% % 28% 9% x33M2 9 Ms 1,000 25 243/4 25 24% 25 Ms 5,100 323/4 9% 32 32 32 32 3/a 93/4 9% 9% 9% 43/4 4% 4% 4% 28% 28% 28% 28% preferred Pwr Co 100 ;—100 Consolidated Grocers Corp—1.33Ma Consolidated Laundries Corp———5 series B series C Textile Co Inc —1 No par —4$4.50 preferred No par $4.52 preferred No par Container Corp of America com„20 4% preferred 100 Continental Baking Co com„No par — $3.75 No par preferred Inc common—"_20 preferred Diamond Fibre 11 Mi Oct 11 Continental 78M4 Jan 11 Continental Insurance 107% - 24% *32 107 Ma 1073/i 107% 107% 107% 107% 24 Mi 243/s 24% 243/s 24 Ma 24% 43/4 - 28 Ma No par ^_5 —10 ; „ 112% *1123/4 114 105% 105% *105% 106 Ma 13% 14 Mi 14 *10 13% 14 10 Mi 47 463/4 47 Mi 217/s 21% 223/4 22 223/4 12% 14 16 « 30 Ms 12 Ma 123/4 12 Mi 12 Mi 13 Ma 14 13% 13% 15% 16 Mi 16 16 30 3/i 30 Ms 21 Ma 12Mz 13% 157/s 30 >■ x45 Ma 3 OMs 110% 110'% *108% 109 *61% 62 *10334 104M2 16% 16% 95% 98 M2 36% 36% *104 106 10% 103s *64% 65M2 Mi 3'a Mi 22 Ma 10 46 Mi 3,700 24 Mi 41,900. 12 Ma 123/4 13 Ma 135/e 1334 2,700 15% 16 Mi 16 16Mb 20,300 30Mi 30 372 Mi 110% 111 1103/4 108 Ma 108 Ma 108 Ml 108 Ma 62 Mi Ma 62 Ma 61% 62 *103% 104 Ma *1033/4 104 Ma *103% 105 163/4 96 95 95% *94 36% 36 36% 35 *104 1053/4 Mi 61 Ms *104 Ma *104 267,100 - 630 Ill *20 109 2,100 62 Ms 105 16% 16 Ma 16 3/i 96 16% 16% 96 *108 Ma 25,600 30 Mi 32 111 1083/4 3 6 Mi 30 Ms 33 61 Ma 105% 1,400 12% 13% HO3/* *104 800 10 233/s 108 Ma 163/4 10 1,400 14 46 111 16% 90 113 Ma 1063/4 *106 24 Mi 111 61 1,500 7,600 *12% ■ 30 Mi 32 107 Ma 46 ' Ms 24 13 7i 14 14,700 10 Mi *10 10 Mi 10 Mi 47 32 112% 106 Ma 1123/4 700 5,300 5 283/4* 243/s 107 Ma 113% 113 *105% 46% 47 1 Inc—„10c Consolidated Vultee Aircraft , 24Mi .- 24Mi *113 114 3 *105% 106Vz 14% 143/s *10 10% pfd—-—100 Consumers Power Co com Continental Can *107% 15 Consolidated Natural Gas RR of Cuba 6% *9% 25 Mi • No par common 4%% i -No par * Gas Elec Lt & 300 34M4 : 5 $5.50 100 21% 23 29 1 w--. 99 Ma 22 4% Rights 1,900 443/4 20 Mi 28 Ma Consol 300 1,900 22% 29 Ms Baltimore I 23 Ms 29 Preferred 4'Jo 20 83 21 ~~ Coppermines Corp—5 of 137 130 Ma 22% Con sol Edison of N Y com—No par Preferred 4,800 20 323/4 $5 1,700 Ma 44 99% 32Mb Consolidated 590 4 29 Ms *98 Ma 45 *98 Ma 99% *98 *81 Mi 83 Mi 106 Mi *1050 44 Ma 45 45 46 *135% 137 131 Mi 131 *1050 *1050 45 *81 Mi 83 Mi 134 Mi 131 20 20,600 106 105 140 23% 293/4 *135 Ma 83 Mi 135 134 71 41 23 3% 29% 137 136 *70 Mi *40 Mi 293/s 4 4 29% 3,600 71 Ma 32% 5 Ma July 17 22. 33 Mi 420 307/s 108 23 Ma *32 5 50 Ma July 13 8 32 Ma 3,900 109 Ma 41 25 Mi Consolidated Retail Stores 17Ms July 26 23 Mi 9 Consolidated 4 *40 Mi 233/s 25 Co—No pdr Publishing 17 Mi Sep 22 40 Ma 22% 93/4 Nast 133/4 Aug 16 Dec 110% 103 30 Ma 25 July 12 ■h Oct Ln->>.w0r 8 70 Ma 40 Ma 23 Ma 25 Mi Cons - 7 0 Ma 42 Ma 10 293/4 *107 10 43 23% ;v *19 Ma Congoleum-Nairn Inc—l——_No par Consolidated Cigar .—No par 2Ma % *406 70 Ma 109 Ma 30% 108 22% *70 Mi 1,800 133/4 25 Co Edison 30% 30 Ma 21% 109% 29 35 Mi 500 38 No par Jun 33 Ms Mar 16 1093/4 *107 200 42 5/8 42% 283/4 108 18 Ma 35 ' ■ . Jun 6 42% 109 Ma 28% DAY 35 10 5,600 18% COLUMBUS 30% 71 10 Solvents Commonwealth • . 7% 8 Mi 109 Ma *107 18 Ma 7 Mi 89 Ma 19%' 13% No par Inc 24% 27 Mi Sep 7 Mi *88 Ma CLOSED *68 : Elec Co—„5 Ohio So Engineering Superheater EXCHANGE 23 Ms ;29 No par Co 673/8 Jun 21 Ma Jan 34% 43 Ms 29 Mi 108 98% *22% common—No par 9 • 1093/4 '1050 23 Inc„_No par System Oct 36 28% 45% ' •18% par $4.25 cum preferred w w—_No par Columbian Combustion 26 109 Ma *107 33 Mi *97 Mi 42 Ma 43 Mi 43 *18 3/i 18 Ma 353/s 35 35 Mi ,12% July 26 10 Ms 18Ms 35 12% 11 Oct 21 Mi ,Feb *18 Mi 125/8 Dec 13% 11 18 Ma 12 % Dec 13 13 18 Ma STOCK 31 12% 28Ma Oct 85 89 30 Ma 353/4 Feb . 260 160 *78 89 31 36 Jun 38 Ma Oct *140 85 90 30 Mi 343/4 73i 71 160 *78 *7 Ms *88 Ma 34% 9% 29 5,600 30 Mi 7 Mi 7 Mi 893/4 36 Class July 11 *140 85 *7 Ms 73/s 51 Mi 303/s 7 Mi 36 Mi 11 57 160 *78 50 Ma 30 Mi 36 11 Oct 30 Ma Jun 12,800 36 July 11 July 12 40 Ms Oct 25 Oct 50 Ms 2.50 25 Ms Sep 50 Ms 27 Ma Dec 32 Ma 51 Ms *26 Dec 68 Ma 50 Mi *140 non-cum 16%- Jun 1,200 52 Mi Ry com—_ 100 4% 29 Ms 26% 32 Ma 1st preferred.—_100 4% non-cum 2nd preferred—100 Columbia Broad Sys Inc cl A—_2.50 , Jun 43 Mi Mar 32 85 453/4 20 Colorado &. Southern Jun 9 32 Ma *32 18% Jun 40 32% 27 7% 33 Ma Jun 32 Ma 105 145 par preferred 16% 13 323/4 issued" conv 17 "8 15% Jan 105 *88 Ma *1050 No par. Aikfoan Corp^——No &/lron Corp com—No "When 23 3/8 Oct " com—No par Colgate-Palmolive'-Peet com__No par $3.50 preferred -——No par 12% x (The) Co Coca-Cola Internatl Corp 31 Ma 105 Ma 50 Ma 106 Ms *4 4Ms 29% 29% *136 137 *83 Mi 84 135 135 No par 100 100 preferred— 2nd x31Mi *1043/4 323/s 106 Ms _1 preferred cum 317% 32 Ms 105 Ma *78 33 Ms . Shares $ per share 31 Ms 313/4 *104% 145 100 pfd Corp the Week 32Mb 105 1 common— Cluett Peabody & Co com 30 143 50 stock Special gtd 4% Clopay 1 Sales for Friday Oct. 13 $ per share 105 Ma 31 Ma 32Mb *108Ms 1097/s 29Mi 29Mi *107 108 *70Mi 71 Ma *40Ma 42 Ma 23Mi 23 M2 No par preferred Cleve Graph Bronze Co common $ per share S per share : Thursday Oct. 12 Oct. 11 Oct. 10 share .T PRICES Wednesday *150 165 *78 85 43 Ms 43 Ma —5 100 Stores SALE 104Mi 1043/4 -32% 323/4 52% 52% > 73/8 7% *88Ma 893/4 30Mi 30Ms *18M4 18% 35 M2 353/4 No par Financial Corp T City 112 Ma Mar 16 5Mo 105 3% July 21 Ma Jun* 23 Ma Oct 3 Machine Co City Products Corp— 1073/4 May 29 '15 Mi Jun I 32Mb 100 10 preferred $ per I per share -8.50 com City Investing Co common 5Ma% preferred Mar 14 24 Ma , C 4 13 61% 108 Elec & Cincinnati Milling Mi May 16 47 M2 May 36 Ma t. 4% Gas HIGH Tuesday Oct.» Oct. 7 Par Cincinnati 4 34 42 Mi July Dec 86 109 % Mar 3 24 AND Monday Saturday / share 34% Feb 24 Jan 26 Dec 8 3/4 • 3 per 3 per share LOW ' STOCK YORK EXCHANGE Highest 27% July 26 Sep ' x20 STOCKS . NEW Range Since Jan. 1 Year 194!) 95 96 Ms 35 Ms 37 Ma 36 Mi 105% *104 4,400 180 • 14,500 105 ' 10 10 Ma 10% 10 Ma 10 Ma 11 Mi 11 U Mi 1,000 65 Mi 66 65 65 Ma 64 Mi 65 64 64 Ma 2,300 13 Chronicle The Commercial and Financial 14 . . . Monday, October 16, 1950 (1446) STOCK YORK NEW RECORD Year 194» $ per $ per share S per share $ per share 8 5% Jun 8% Jan 5% Jun 29 65% Oct 55% Jan 25 81 >4 Oct 2 13% Jan 3 24% Oct 11 Oil of Delaware Steel Corp— Continental 20 July 17 27 % Oct 5 Jun 15% 193/4 Jun 24 % Dec 9 Jun 12% Feb Jun 17 12 Jun 19% Jan 14 % Jun 27 17% Feb 4 Dec 52 Feb 46% July 14 51% Sep 19 Jun 11% Dec 10% Jan 3 17% Apr 22 Oct 13 7 ' July 17 x74 13 42 49% Mar 58% Dec 57 20 30% Dec 28% Jan Apr 94 Jan 102% 92% Jan 102 Sep Jan 57 3 187% Apr 13 1% Jun 2% Jun 32% Jan Crane 105 Jan 11 Jan 5 Nov 10 3/a Jun 27 14 Dec 26% Jun 30 1 2 Crown Cork & Seal common 2.50 $2 preferred No par Crown Zellerbach Corp common—5 $4.20 preferred No par $4 2nd preferred— No par Crucible Steel of Amer coin—No par 30% Mar 133/4 Oct 19% Jan 12 »/8 July 13 17% Jan 36% Jan 42% Apr 32% Jun 27 40% Oct 20 Jun 30 Dec 27% Jan 13 43% Oct 94 Mar 105 Dec 102 % Jan 11 105% May 90 993A 49 Feb 12% 3 29% Oct Mar 31 77% Aug Jan 54 Apr 17% Jun 26 25 Dec 15% Jun 27 Feb 14 175 May Feb 5 Sep 26 60 Jun 10% Nov 13% Feb 16 Feb 25% Dec 20 July 17 July 13 25'A Jan 5 Feb 8% Oct 5 July 13 9% Sep 25 Jun 145% Oct Oct 3 Jun 52% Nov 9% Apr 24% Jan 4% 109 43% Dec 7 Curtis-Wright 1 Aug 11 preferred preferred $7 Prior No par No par 1 —. common 24% Aug 8 Jan 20 17 29% Oct 4 13 23% Oct 3 Dana 5 53% preferred series A —100 Davega Stores Corp common—2.50 5",'0 convertible preferred _20 Davison Chemical Corp (The) 1 21 Jan 22% Feb 13% Jan 138 Class A Cushman's Sons Inc 7% 5,400 24% 26% 26% 26% 26 27 54% *54% 20% 19% *19% 20 3,800 16% 3,700 16% 52 *51% 52 *51 % 55 16% 16% 16% 16% 17% 52 10 *54% CLOSED 20% 19% 19% 5,200 EXCHANGE 55 *54% 55 STOCK COLUMBUS 52 *51% 14% 14% 14% 14 'A 14% 13% 14 2,200 66% 67% 67 67% 68 70% X70% 74 3,320 37% 38% 38 % 38% 6,000 OQ 37% 100% 100% *100 101 100% 100% 104% *103'A 104% 103'A 103% 30 66% 67% 67% 67% 3,500 *103% 104% *103% 66 % 67'A 66% 67 % 182% 182% 182 % 182% 4% 4% 4% 5 2% 2% 2% 2% 30 *181 182 % 4% 5% 5 5'% 7,800 2% 2% 2% 2% 5,000 9,800 26% 103'A 130 182% *181 26% 26% 25% 26% *102% 103'A *102% 103% *102% 103'A 11% 11% 11% 27 26% *102% DAY 38'A 38% 101 *100% 26 2.000 11% 11% 11% 11% 11% *29% 29% *29% 29% 29 % 29% 29% 29 % 500 15% 15% 15% 15% 15% 16% 10,400 16 15% *40 40% 40% 40% 40% 40% 40% 41 1.400 8,500 42% 42% 42% 42% 42% 103% 103'A 103 103 102% 102% 103 % 103% 126% 126% 126 126% 126% 127 126 127 28% 42 42% 42% 28% 29% 28% 28% 75% 76% 75% 76 18% 18 *160 8,300 76 76 1,100 23% 2,930 18% 7,200 23 23% 18 17% 180 10% 10 10% *74 75% *74 75% 24% *24% 54 54 21 21 21% 98% *98% 99% *98% 16% 16% 16% 16% 16% *16% 16% *16% 3,700 20 28% 1,000 21% 21% 3,500 99% 21% 22 98% 23 132 % 99% 28% 29 21% 30,300 22% *128 132% 28% 28% 29% 700 9% 9% 23% 23% *128 132% 28% 29 50 53% 53 ■ 200 18,500 8% 140 140 9% 9% 23% 23% *128 129% 54 9% 5,100 24 8% 142 *53 53% 9% 24 23% 129% 53% 10% 9% 12% 24 8% *140 141 4,300 75% 12 24% 8% 8% 8% *139 142 *24 24% 24% 8% 8% 140 *74 12 11% 11% 11% 11% 11% 10% 10% 10 75 % *74 180 *160 10% 10% 53% 10% 29% 17% *160 180 170 28% 76 22 17% 17% *160 180 250 29% *75'A 22 21% 22 21 10 24 24 *127% 129% 29% 29% ——_—_—1 pfd 100 Cutler-Hammer Inc —No par 3 Feb 125 Publishing common—No par Curtis 55% Jan 28 3 73/8 Jan 20% Jan 26% Sep 19% 144 16 44% July 13 Jan 137 Mar 133 122% Jan Cunningham Drug Stores 26% 23% 16% 10% 10% *74% 75% 11% 11% *24 25 8% 8% *142 143 5 Inc.—2.50 Inc Press Cuneo 19 13 % Jan 15% Mar Jun 18% 9 % 7,500 25% 79 23% 14% 21 100 10 100 preferred Cudahy Packing Co common 4%% preferred 24% 77 23% *51% 21% 18% 18% *160 180 —100 common—10 pfd non-cum l'/o 14 74 RR6% Cuban-American Sugar 10% Oct 64% July 13 Jan 73 preferred——100 convertible % Cuba Jan 175 3 7% July 8% Mar Jun 5 21% Aug 160 May 53A 3 16% Jan 16% July 160 99 % Jan Jan 31 Nov 21 Dec 72% Nov 128 % Oct 24 May 14 common 3%% 24 80 24% 19% *103'% 104% 67% 67% *181% 182% 4% 4% 2% 2% 26% 27 *102% 103'A 11 % 11% 29% 29% 15% 15% 40 40% 42% 42 % 103 103 *126 132 29% 29% 76 76% 25 —100 preferredCreameries of America Cream of Wheat Corp (The) 13 29% Feb 23 31 27 14'A Jan 8 3A Co 30% Jan Sep 22 'A July 101 Dec 104 Jun 96 Corp Coty International 2% Feb 25 1% July 13 Oct 21% 8% 77% 23% 54% 53.700 8% 77% 76 26 % Shares 8% 78% 27 <-54 55% 20 2o 17 17 "51% 52 14% 14% 68 68 38% 38% *100% 101% —100 1 1 preferred 7% Coty Inc 6 6 % Mar 3 3% Aug Dec 5% 3% Mar 72% Jan 176% July 13 Sep 189 Jan 171% July 13 62 Dec 73% 102% Aug 17 104 % Sep 25 18 100% July 11 Apr 100 Dec 6 May 23% Corp common—5 $3 prior preferred—, -No par Copper Range Co—r*——No par Copperweld Steel Co common——5 Convertible pref 5% series—50 Cornell Dubilier Electric Corp 1 Corn Exchange Bank & Tr Co__,20 Corning Glass Works common 5 3%% preferred--— 100 Cum pfd 3%% series of 1947-100 Corn Products Refining common_25 4 20,/WDct 49 12 —5 14 S per share share 77% 8% 8% 8% 8 8 80% 23% 27 the Week Oct. 13 Oct. 12 S per share Sales for Friday Thursday II Oct. $ per share $ per share $ per share 7% 80% Cooper-Bessemer 55% Mar 13 533/4 July 25 553/8 May 51% July 1 Motors Continental Feb 11% i. Continental 47% Jan I per Par share 9% Aug PRICES Wednesday Oct. 10 Oct. « Oct. 7 SALE HIGH Tuesday Monday Saturday STOCK YORK EXCHANGE Highest Lowest Highest Lowest NEW Range Since Jan. 1 AND LOW STOCKS Previous Range for D 9 Jun 87 Jan 96% Nov 96 11% July .v 14% Dec 13 % July 10 Jan 15 , 26% Jan 31 92 Jan Jan 100% 12% July 96 Dec Jun NOV 9% 4% May 102% Mar 21 5 6% Jun Jan 102% Sep Preferred 10 27 1 *35% 58'A 36 41% 12 20% 34% 57% 16'A Jun 403/4 Jan 29% Jan 3 42% Oct 11 Jun 93/8 Jan 7'A Jun 27 12% Oct 3 Jun 22 3/, Dec 19% July 12 24% Jun 29 233/4 Jun 21 19 Jun 30% Dec 35% Oct 7 34% Jun 53% Dec 42% Jun 27 593A Sep 13 14% Dec 12 20 17% May 26 '23% Sep 21% July 13 24 Jan 52% July 12 68 12% 20 Jan 50 , 100 Delaware Lack & Western 50 Delaware Power & Light Co—13.50 Denver & Rio Grande West RR Escrow ctfs for common _100 Escrow ctfs for preferred 100 Derby Oil Co (The) 8 Detroit Edison— 20 Detroit Hillsdale & S W RR Co-100 Detroit-Michigan Stove Co__ 1 Detroit Steel Corp 1 De Vilbiss Co 5 Devoe k Raynolds class A 2 Delaware Jun , 58 — May 19 Feb 2 May 16 8 Hudson & 23% 11% Jun 13% Nor 12 % Jun 16% Jun 22% Nov 31% Sep 40 37% Sep 45% 6% July 13 9 % Jan 5 Diana Stores _ 2 50c July 13 243/a Sep 18 Distill Corp-Seagrams Ltd 2 29% Oct 13 Sep 13 18% July 13 26% Oct 13 Jan 35% Mar 46 Oct 13 Feb 40% Aug 44% Oct 9 11% Mar 31 9% 13% 6% Jun 93/8 Nov 12% •/ Jun Dec Jun 18% Dec ' 17 16 29 8 15 6% $ per Corp 9% Feb 17 Jan 12% Jan 24% Feb 38% Nov 35 45% Jun 53% Nov 48% Jun 10 Jun 25 July 153/4 Jan 4 57 May 24 July 17 13 Jan 9 Dr. 363A Jan 4 Doehler-Jarvis 10 38% 25 % July 12 Dec Mines Ltd 12% Jan Sep 11% July 25 17'A Jan 6 Dome 48% Feb 72% Oct 69% Jan 13 903/a Aug 3 Apr 57% Dec 54 % Jan 13 72 ;Jun 9 Dow Chemical 18aA Apr 108% Sep 107 Sep 27 111% Jun 15 101 . Apr 123'A Dec 119% Jan 13 156'A Jun 9 $3.25 20% Oct 3 Dresser 16% Dec 78 A 16 % July 17 24% May Sep 86% Jan 81 Mar 7 85 11% Mar 20% Oct 18 July 12 X22 Jun 14% Oct 11% Mar 27 8% fff , j 84% (E I)) & Co— Nov 13 853A Jun 12 Common 124% Oct 122 % Jan 9 127% Apr 22 Preferred $4.50 series No par Jan 1023A Aug 101% Jan 31 .Jun 1 Preferred $3.50 series No par " 60'A Jan Jan 106 113A Jan 9% July 12 DWG Cigar 10 9% Jun 12'A 15% Jun 20% Mar 15% Mar 30 20% Aug 21 13 Jun 16% Mar 13% Jun 17 5 Corp 12% 11% 12% 19,300 20% 20% 20% 20% 20% 21 21% 2,200 35% 33% 34 33% 343/4 34% 34% 8,000 57% 56 56% 56% 57% 57 57 16% 16% 163i, 16 163/8 15% 16 5,100 23% 22% 23 22% 23% 22% 23 4,400 *57 61 > 5,200 % 2,500 61 *57 61 *57 61 1,600 6% 6% 6% 28% 29 % 29% 15% *14% 15 3/a 15% 15 % 700 23% 243'4 24 % 25% 26 26'A 12,900 45% 45% 45% 45% 45% 45% 46 44% 44% 44% 44% 44% 44% 44% 14% 14% 14 % 14% 14% 14% 14% 700 8% 8% 8% 8,100 23% 24'A 15,700 6% 27% 15% 24% 6% 6% 27 % 27% *15 6% 28 8% 8% 8% 8% 23% 22% 23% 22 % HIGH SALE share 2,500 1,600 1,600 1,000 PRICES $ per share Sales for Friday Thursday the Week Oct. 13 Oct. 12 Oct. 11 $ per share „ 23 Wednesday Oct. 10 Oct. 1) $ per AND Tuesday Monday share Shares 14% $ per $ per share 14% 2.400 2,300 14% 14% 14% 14% 14% 14% 45% 45% 45 45% 45 % 45% 45 45 52% 53% 220 52 *51% 52% 51% 51% 12% 12% 12'A 12% *12% 12% STOCK 12% 12% 600 31'A 32 31% 32 % 32 323/g EXCHANGE 32% 32% 6,400 14% 14% 14% 14% 14% 14% CLOSED 14% 14 3A 6,400 85% 85 84 85'A 69% "68% 69% *107% lUC'A 107% 107% *152 154% 150 150 69 20% 19% 85% *84 19% 19% 80% COLUMBUS 85% *84'% *18% 19% 19% 83 300 20 % 11,200 86 *84% 86 19% 19 19% 100 148 % 20 20% *84 1.400 8.800 109 148% 150 20 84 67 % *108% DAY 109% 150 20% 19% 68% 67% 68 % 84 84 84 "107 *13% 14 13% 13% xl3% 80% 13% *13% 82'A 82% *123% 126% *103 104 *10% 10% 5 633A Feb 97% 11% r Jun 43% 119 11% 8% 13% '13'/^ Du Pont de Nem 11% 23% *107% 107% No par ■ 12 14% 69% 50c 42 44 % 84% 69% common 41% 44% 31 % 14% convertible preferred—100 —1 Duplan Corp m 31% 14% International 42% 23% *152 154% 20% 20 % *84 85% 19% 19% Industries Dunhill fJun 57% 36% 41% 6% 12% No par No par series A—. preferred 2nd 3%% Aug 22 14 14% Sep 25 .<>07^1r _ $4 preferred 101% 12% Co common 8,200 56% 3 6'A 41% 34 52 —-15 Douglas Aircraft 43 57% 36 % 56% 36% 41 27% 14% No par Corp 57 36%, 56% 36% 41% *15% 52 No par 5 . 1,700 227/8 45 No par Co Pepper 3,700 34 36 *57 I per share *51% 8,800 8 34 7% 8 34% 34 16% 15% 15% 7% 8 58 LOW *14% 43% 15% 15% 34 102 *101% 102 7% 15% 23"% No par Class A 29 8% 80 20 250 35% * 1 No par Corp Dixie Cup common-- 4 15% Saturday Oct. 7 . Par Divco 11 46% May July 26 143A Mar STOCK YORK '101% 16 99% 102 56% 6% • $ per share $ per share share " ' EXCHANGE ? Highest Lowest Highest $ per share Motor Car Co NEW . Range Since Jan. 1 Year 1949 No par common participating "vStocks Range for Previous Lowest Match Diamond Diamond T 16% Aug 17 102 99% 101 % 34 14% 8% 21% Mar 13 9% 100% 20% 44"% *14% 8% 5% July 12 24% Mar *99 11% 28 15% 24 46 preferred——25 6% *27% 15% 23% *45% *44% Jan Jun Jun 43/4 100% 41 23 61 15 100 36 36 41% 12'A 20% 22% *57 4,400 99% 30% 56% 16% 26 3,500 30% 99% 26 30% 34% 35% 57% 31 20 preferred 7% 26% 30% 100% 15 % 58% 5 36% May 17 26% 30% *99 26% 30% 101% 35 |A —No par 3 4 34% July 13 99% 8 26% 60 16% xl6% 100% 26 31 99 8% 16% 1,200 17 *16% 17 *98 26% 30% *99 99% *99 25% 16% 8 Corp Jan 38'A Jan Sep Apr 16 50c Deep Rock Oil 22 Oct 36% Dec 50c Co— Inc 17 *16% *98% 100 *99 100 *101% 101% Deere & Co common Jan 433A 19 C 31 58% Oct 29 Jun 5% series 26% 31 37aA Aug 15 Jun Mar 17 30% 3.90% Rubber Records Decca 22% 99% 17 17 26'A _100 100 series B Dayton 5 ,Jan 3.75% Preferred 1 17% May 26 3 11% Jan 21% *98% *16% *16% —1 common. Dayton Power & Light common—7 Preferred 3.75% series A 100 102 3/a Aug 21 July 24 100 17 29 34% Mar 17 96'A May 24 Aug ~7% 17% Feb 27% Sep 3 July 26 28 May 92% A 19% May 10 18% July 13 Dec 98% 99'A Oct 12 15% Jan 17% May 22% x163/8 Mar Jan Corp 3%% 82 81% 823/8 81% *125'A 1,500 82% 25.900 126% 300 103 300 124% 125 125 125% 125'A 1U*'/b 102% 103 *102% 103% 10'A 10% *10% 10% 10% 10% 10% 124% *103 10% 2.400 1334 103 300 E 7% July 7'A Jun 38% 164 Jun Jan 30 Eastern Eastern Jun 27 19% Oct 13 10 Jan 13 18% Apr 19 Eastern Stainless % Apr 10 Eastman Kodak Apr 10 Nov Oct 202 32% Jan 40 July 17 172% Jan 29 Jan 3 13 14 % Apr 19 Dec 88 Jan 96 Dec 88% Aug 25 10% Feb 14% Dec Xl2% July 12 94% Oct 101 May Jun 8% Dec Apr 45% Dec 14% July 12 95 Sep 14 8 Jun 5 38% July 26 49 190 39 Oct 10 19% Jan 98 102 7 Mar 10 xl5% Apr May 12 2 Dec 16 Jan 13 21% July 26 Oct 32% Jun 30 41 Oct 4 1% Jun 34% Jun Jan 35% Apr 19 3% Apr 18 44% Oct 2 10% Jun 13% Mar 10y8Jun 26 13 17% Jun 28% Nov 19 % July 13 28% Feb 23 48 Jun 75 Nov 52% July 17 75 42% Jan 51% 48 23% Aug 8% Jun 29 14% Oct May Dec Aug 25 21% Aug 3 13% Feb 14% Jan 18% Nov Jun 35% Dec 29% Jun 100% Jan 105 Dec 100% Jan 27 10 13% July 26 4% Jun 7 Dec 6 Feb 7 6 20% Mar 17 33% Jan 104 5 July 12 24% Jun 5 7% May 15 July 12 14% Jan 10% Jan 13 17% Sep 14 61% Jan 51% Jun 27 64% Sep 26 CO Jan 66 9 3% Feb 6% Jun 10 % Jan 8% Feb 6% Jun 11% Dec 4% July 13 33 3 Jun 5% Apr For footnotes eee page Jun 2% July 26 22. 16,000 19% 4,200 143A 15% 14/4 15% 15 15 14% 15 6,100 46% 47'A 46% 47% 46 46% 44% 45% 8,800 5 100 2 100 2.50 Convertible preferred 10 94% *93 *93 14% 98% 9% 48% 17% 40% 2% Ind Amer shares Battery Electric Storage No par *43 *174% 175 175 175 50 37% 38 37% 39 37% 39 37% 37% 7.400 16 3A 17% 17% 17% 17 17% 17% 17% 1,800 94V2 14% 14% 14% * 100 xl4% 99% 99% *93 14% 14% *98 94 94 94% 94 % *93 14% 14 14% *98 100 100 10 4.300 50 98% 9% 98 % 9% 9% 9% x9% 9% 9% 9% 1,800 49'A 17% 40% 2% 44% 48% 49% 47 48% 47% 48% 47% 48% 8,500 17% 173A 17% 17% 17% 17% 17% 17% 40'A 40 40 40 9% 40% 40% 40'A 40 2 2V4 2% 2% 2 44 44% 44 44% 43% 800 9,700 44% 44 44 4.600 2% 2% 2% 1,700 Elgin National Watch Co 15 11% 11% 11% 11% 11% 11% Elliott 10 23 23 % 22% 23 *59 59% 60 *59 63 *59 62 *59'A 63 50 *49 23'A 63 51% 22% 50 51% *50 51% *50 51% *50 51%- Co ___ convertible 5% c/o 5% common preferred preference *49 11% 11% 22% 22% 11% 11% 22 % 22% 800 6,300 200 3 24% 24% 23% 24 23% 24 23% 24 24 4 5 19 % 20 19 % 19% 18% 19% 19 19 18% 19 18% 19 % 18 19'A 18% 18% 18% 19 18% 19% 69,100 Empire District Electric Co 10 Endicott Johnson Corp common—25 *17% 17% 17% 17% 16a4 17 16% 163A 16'A 16% 3,100 El Natural Gas Paso Electric 4% & Mfg Co Phonograph preferred Equitable Gas Co Equitable Office Bldg Erie preferred series A Eureka Williams 31 31 30% 30% 103 100 8.50 1 103 101% 101% 21% 21% 6% 6% 21% »6% 22 6% RR Co_— Corp 16% 16% 100 50 5 63% 63% 62 5 *,64 6% 14% 65 6% 14% *64 1 3 2.50 12% 41 *3% 12% 41% 3% Corp " 30% 30% 30% 102% *102'A 21% 21% 21% 2134 21% 21% 6.600 6% 6% 63A 6% 6% 67a 2,900 16- ^16% 16% 36,400 *621 *64 /033/. snug.," 16% 16% 63% 63 3/a 65 *64 6 12% 40% 41% *3 % 3% 13%° % ri.\ ■ .si. c ntif, j:' v 13% 14 xll% 12 39% 40 *3 3% *62% 63 *64 1,700 50 65 500 riul II inr> P.fc k-'O" 6% 7,900 14 6% 13% 11%.,712 40% 'A 40% *3% v 3% 30% 103 16% - 1 'Wi-' 4.400 102 "A 63%;/ 113A 11,700 30% 6% 133/4 24% 102% 30% *101 65 • ' Exchange Buffet 16% 16 No par RR common 5% Erie k Pittsburgh ' 4% Jan 174 176 *174 174 *173 174 37% 37% *16% 17 .'—No par Mus Elec k Eversharp Inc Ex-Cell-0 Corp Mar 21 15 common- Evans Products Co 44 46% Electric Boat 12% May 8 18% 5 10 Corp (The) 14% Aug 17 14 27 May 25 6% May 8% July 13 5%, Dec 15 % 19% 100 1 5 2 Emerson Radio Jun Jan 14% 19% preferredNut Co 4%'/* Emerson 1 Jun 68 3,400 15 19'A Stores Inc common—1 22% Aug 29 9'A July 19% 14% 19 3/8 4%% preferred Products Co common 23 48% 55 19% 15% 18% Ekco 20% Jun 16% July 13 x29% Jan 28% Jan 15 12% July 12 19% 14% 19 Co— Manufacturing Edison Bros 52% Apr 26 51 3 19% lo% 17% common Electric Auto-Lite 36% 1% Jan 19% 14% Elastic Stop 9 17% Jan 19% 15% 19 15% 47 preferred 6% Eaton 49 % Oct Feb 2% Steel Co 10% Aug 11 32% Mar 12% 19% 19% 20 15% 10 13 Jan 48% 19% 1 Inc Corp Dec 13% Jun 6 ———10 Airlines 24 16% 21% 33% Feb Eagle-Picher Co 14% 4,100 11% 12 7,000 39% 40 1,700 6% *3% . 3% Number 4951 Volume 172 . (1447) The Commercial and Financial Chronicle . . new Range Since Jan. 1 Lowest Highest $ per $ per share stock record STOCKS Range for Previous Year 11)49 Lowest york $ per share NEW Highest share YORK Saturday $ per share Par Wednesday $ per share $ per $ per share share Sales for Friday Thursday the Week Oct. 13 Oct. 12 Oct. 11 Oct. 10 Oct. 9 $ per share PRICES SALE Tuesday Monday Oct. 7 HIGH AND LOW STOCK EXCHANGE 15 $ per $ per share Shares share f 41 Va Jun 34 Jan 37% Mar 10 48% Sep July 26 26 47% 46 % 4674 46 Va 47 46 % 2474 24% 24% 24% 24% 24% 247a 24 34 24 % 24% 2,100 1 *15% 1574 1574 1574 1574 1574 15% 1574 1574 15% 2,100 1474 15% 15% 15% STOCK 1574 15% 4,700 18% 4574 EXCHANGE xl8 18 2,700 *45% 46 2274 23 No par 19 Feb 25% Oct Fajardo Sugar Co Oct 23 74 Dec 14 July 31 Apr 22'A Jan 8 19% 7 Falstaff Brewing Corp_ 13 July 26 1774 Jun 2 Jan 1874 May 10 Fedders-Quigan 48 Federal 1274 Aug 11 Vb Mar 15% Oct 15% Dec Jun 38Vi Jan 32 15% 3 3 35 74 Mar 11 1474 Jun 1874 Nov 16 Va July 374 Jun 674 Jan 4% Feb 2474 Feb 36 Dec 95% Mar 104 Sep 103 Jan 10 1074 2074 Nov 33 74 23 14 July 24 12 May 108 Dept Stores 5 Mfg 5 21% 2174 2174 65 64% 65 64 65 2,500 74% 73 % 7374 73% 74 Va 4,300 9 4%% 106% 106'A 106% 106 % 107 Ve Jan July 17 Dec 16 July 13 2074 Mar 17 33% May 108 1 Aug 10 2774 Feb 2 Ferro Enamel Corp Tire & (The) Flintkote $4 _100 Stores Carpet Co (The) Power Power 17 Vb July 13 22% Mar 23 Florida Oct 13 Apr 5 15 Va Sep 28 Florsheim Shoe Class Sep 11% Jan 3 1974 Oct 5 Follansbee & A 10 22 Food Fair Apr 29% Jan 24% Mar 30 33% Oct 13 Food 92Va Nov 8474 July 17 96% Feb 10 3%% Machinery & Chem Corp convertible preferred 89 July 96% Oct 94% July 21 2 7 74 July 12 9974 Oct 13 3%% 4174 Oct 13 24 33% Dec 8% Nov 1274 Aug Jan 30 25 Vb May 20 9% Jan 3 21% Aug 30 Stores 1 5 Franklin Nov 56 July 14 80 Oct 3 Jan 1774 Dec 14 Aug 15 19 % Feb 3 16% Jun 23% Dec 20 Feb 28% Oct 5 Jun 10 % May Feb 8 x38 60 12'A Oct 874 July 12 16 29 13 Gair 30 1874 Jan 28 474 Jun 7% Oct 7 % Jun 1474 Jun 18% Dec 1674 Jun Oct 974 Jan 6% Apr 6 Oct 4174 Jan 19% 19% 19% ■ 17% 17% 1774 17% 1774 19 Ve 500 4,800 6,500 19'A 1874 1874 19 »A 19 Vs 19'A 1574 *15 15 15 15% 15% 15 15 Ve 19% 18% 18% 1874 19 1874 19 7,100 19% 19 19 Vs 3,600 6,400 1874 19% 19 19 Vb 600 32% 33 32% 33% 33 Ve 3374 92% 92 92% 93 93% 99% 99% 99% 9974 99% 99% 99 99% 700 99% 38% 39 38 Va 40% 4074 41% 8,800 *2474 25 25 25 25 25 16% 1574 1574 1,400 800 lo 393/4 25 *2474 __No par Corp 3974 16% 16 preferred 28 100 16% x9974 39% 25 11% 1174 II % 78% 15 15 28% 2674 11% 78% 15 27% 26% 1174- 11% 11% 77% 76 77 15 1474 15 28 2774 28 Vs *14% 27% *85 86 86 86 % 290 80 77 1) 7/4 79% *86 86 *16 16% 16 16% 79 *1474 28% 86 38% *24% 25 11% Gabriel 17% 92 15 17 Apr 24% 17% 33 80 9% Apr 1074 Oct 7% 24 92% 1474 3 Jun Mar 24% 2474 32% *1174 4% 474 75 103 24 ♦91% *7974 25 Feb 80 103 24 33 1 86% Sep 78 % 10,100 104 24 92% Sulphur Co 10 Froedtert Grain & Malting Co Inc_l Fruehauf Trailer Co common 1 7 Sep 67 26'A 104 *3274 common Co Stores 19% 4,000 *91 % Frecport 1174 191/8 2574 2 6'A 26 13% 100 Corp Sugar 19% 13 Ve 10 prior preferred Francisco 15% 19 1374 106 *104 17% ♦24 72% 1274 100 preferred Foster-Wheeler 6% Inc 19% 15% No par 17% 72Va 26% 26 26% 420 400 73 73 13'A 13 106 ♦104 1974 Light Co___No par May 26% 27 17% Corp_ Steel 1374 24% *24 7% 73 13% 107 74% *72% 73 106 *104 No par Corp 106% 107 % 13% 2674 No par 21% 74% 131/4 No par common preferred 107% *73 No par Florence Stove Co Florida *106 No par Co Jan 23% Sep com preferred First National Firth Rubber 15% 25 Va 2,400 21% 19 Feb 1,800 64 % 103 Jun 12 73% Dec 19'A 670 1174 65 Jan 2174 21% 2,600 45 104% 104% 12 Ve 75 3 Dec 22% 12% 12% 44% 104% l 64% 20 3 12% 12 12 DAY 44 4274 104% 500 2,500 2,500 574 74% 14% Jan 14% Jan 2274 104 5% COLUMBUS 65 76 % Apr Dec 1274 4374 104% 43% 4474 104% 574 75 July 17 14% 1274 x43T4 *104 2274 • 5% 574 578 574 22 22 2174 22 74% 18 »/4 Feb 45 % 10574 Co 24% 874 45% 105% common 78 2074 *5% 574 *64% 10% July 13 2274 July 26 —— 2174 574 *22% 65 ■ 9% 22% 100 May 12 22% 1 28 Jan 5 10 Jan 13 46% No par preferred Tarrant & 4674 25 31 Va 181/2 May 13Vs 15 4%% Felt Truck Motor *46% Firestone Dec Oct 46% 2 CLOSED Fidelity Phoenix Fire Ins N Y 10474 Jan 18% 4 5'A May 75 1774 11% July 21% Jun 98% 13 69 Jan 53 18 Va 4574 7 28 Feb 18 45% 8 23 % Sep 83 74 Feb July 13 105 18 Oct 1674 July 13 107% Mar 15 1774 22 Ve 52 105 1474 18% Federated 13% Jan 52% Jan Dec Dec 15 18% 5 10674 May 25 3 8174 Dec 17% 15 1 Federal 56 Jun 1 1 43 July common- 13 45 Va Oct July 17 *47 Corp Mining & Smelting Co Federal-Mogul Corp Oct 63% July 12% Family Finance Corp 6% Aug 3 14 Jan Sep 2,700 46% 47 4774 20 Fairbanks Morse & Co 22 74 800 40 87 *85 87 1,600 10,300 g 6 31% 574 Jan 32 9'A May 4 3974 May 9 20 Vs Apr 25 July 25 13 Feb 17% Dec 15 Jun 19 Apr 16% July 24 17'A July 12 10% Jun 1674 Dec 1574 Jan 37b Jun Jun 21% 674: Feb Garrett 6 Va 2 18 Apr 32% Feb 21 21% Sep 15 Jun 23% Jan 17% Jun 29 2274 Sep 22 Jan 1974 Dec 17% July 13 23 74 Oct 6 103% Jan 4174 Sep 99 Jun 48'A 105 Nov 45 July 106 Jan Jun 11 Dec 9% 152 Oct 16374 July 13 Jan 11 July 107 Va July 14 101% July 13 9% July 13 Jan 146 Oct 55 3 4 105% Mar 12 31 Feb 166 July 13 8 Jan 8 Amer Inc 10% 1074 26,800 1874 18'A *18 Va 18 Va 1,000 3,600 *1774 18% 18% 187a 18% 19 19% 21% 21% 21% 21% 21% 2,300 4.74 4% 474 4% 5,600 1774 18 18 19 Va 13% 213A 21 21% 4% 5 1774 *19 4% 5 *38% 15 Dec 12 2274 Oct 2 General Bronze 10 Jan 674 Mar 29 9% Jan 9 General 26 26 26 26 26% *26'A 20% 21% 20% 2074 2U 74 iSd'1'4 2074 21'A 2,900 23% 2374 23% 2374 23 3 a 23% 2374 29% 23 Ve 233/e 8,300 *105% 106 % 106 10674 106% 140 5474 54 54% 2,000 »•' 5 No par __5 Cable Corp com 6534 Apr 79% Jan 63% Mar 31 75 Jan 9 4 7c 1st preferred.. 24% Jun 31 Jan 25 3074 Jan 9 4c/c conv 13% Jan Jun 29 17 Jun Apr 14 July 13 1874 Jan 129 Jun 139% Apr 108 July 17 34 Jun 4274 Dec 39 % Jan 48% Dec 9374 20 - 9 13 50 Va Jun 12 44% Aug 99% Apr 3 5174 Apr 6 Jan 10074 Dec x6% Jun 13% Jan 44% Jun 56% Dec 12374 Jan 128% Jun 6 8% July 12 51% Apr 20 124% Jun 13 Apr 112 Dec 10574 July 28 97 11 138 Va Jan 41 Vb Jan 103% July < 3 13% Apr 60% Sep 21 14 129% Mar 3 18 119% Sep 5474 *101% - 53% 5474 ♦101'A 105 10% 10% 10 106 % 106'A, 53% 5374. 105 •101% x9% 10 Vs. lo *loo 157 ♦155 157 *155 106 % 106 ♦101'A 105 10 10 7% t •loo General Mills common t per share Lowest $ per share S per share ' : * $ per share I' 123 Ve Jan 127% Sep x97 Jan 104% Dec 102% Jan 6 10574 Jan 13 Feb 19% Sep 15 July 13 23 74 Apr 11 22 % Jun 38% Dec 26 July 26 38 Jan 3 General 1874 Oct 9 Gen 117b July 2% Jun 16% Mar 3% Dec 11 % Jan 17 Nov 15 % Jun 20% Jan May 124% Dec Feb 7% Nov 120 4% 2038 Jun 2474 Jan 24 Mar 34 Dec 99 % July 122 Jan 22% Jan 31 Nov 15 12% July 12 2% Sep H 14% July 13 17% July 3 119% Sep 7 6 July 13 22 % Jun 30% May 101 % Jun 27 2 30 24% July 27 54% Oct 5 7 127 74 Mar ■ 2 4% Mar 23 Shoe Jun 27% Dec 22 Jan 25 Oct 9 Apr 102% Jan 101 Jan 10 105% Sep 20 Jun 21% Jan 19% Jan 3 3274 Oct 5 July 77% Apr 77% Jan 23 64 Sep 73 Jun 12% 24 Jun 37% Dec 31% July 13 7974 Jun 91 Jan 90 Jan 4 12 % Jun 17% Jan 13% Apr 19 5 'A Mar Feb 40 99 Aug 22 Jan 7 90% Sep 6 8 % Jan 25 15% Sep 18 68 44% Oct 100 Jun 21% Sep 4 7 22 12*2 July 80% Oct 80 Jan 10 86% Sep 26 21 28% Aug 16 July 17 24 74 Jan 11 Dec 1774 48 Jun July 534 Jan 25% Dec 55 Dec 1074 Dec a Jun 116 Jan 14 Va Jun 19 Sep x951 52% Jun 100 Jun 34 Jun 9834 Jun 72% 22% July 12 52% Aug 16 774 Jun 106 Va 106 10374 Jan 13 10 Jun 16% Mar 10% Jun 27 28 Jun 41 36 Feb 24 Aug Jan 1083/s Jun 14 Oct 45 % May Apr 18 Jan 4 37% Feb 28 4 4274 Oct 7 20% Mar 28% Dec 25% July 3 31% Sep 28 32 Jan 36% Oct 100 Mar 2 10 2 Grant preferred __ _ 3 152 6 71 2 45 74 Mar 13 4 20% Aug 28 Aug 30 Consol M S 7% 30 Green 7 Green 9 % July 17 Apr 17 1874 Jan 13 1174 Jan 100 Jan 35 74 Aug 11 28 16 5 Feb 9% Jun 14 Jan 1274 Jan Jun 54% Dec 49 Jun 30 6074 Sep 13 71% Jan 59 % Jan 25 8174 Oct 4 41 56 3 4 16% Jun Jan For 7% July 22% footnotes see Dec page 674 Jan 18 % Jun 22. 3 3 30 11% July 11 18% Oct 11 243A Jan 13 4 & *122 Ore 114 *90 92 *90 92 *90 Common Co 13% 43 1374 14% 4374 1374 43 % 14% 44V4 14 44% 140 14 % 44 7 4,800 85% 29 % 30 5874 ♦56% 58 ♦56% 9% 9% 17 74 *122 1674 114 9% 974 1674 17% *106 274 13% 13% 43 2% 9% 17% 19% 85% 86 ♦56% 9% 125 17% 113% 112 10374 103 59 3 58 9% 125 *95 19 H 7,300 1974 10,700 *84 . 57% 57'A 100 9% 9% 2,000 *124 1774 18% 7,800 112% 1127e 11274 1,900 103 * ♦10274 59% 60% 60 Ve 60 Va 11,500 106% 106 Va 106 % 106% 700 *13 Ve 1374 xl3 13 13 % 13% 42% 42% ♦41 42 41 41 2% 274 2% 2% 2% 400 300 2% 2% 874 9 23,400 1,700 8% 874 874 8% 8% 874 3474 34 34 *34% 35% 34% 35 3474 35 1,400 41% 4274 41 3 8 4174 41% 4174 4174 4174 6,300 *29% 30 29 2974 28% 29% 29 % 2974 29% 2974 3,200 *101% 102 10174 14% 874 *35 *33% 14% 34% 9 102 60 102 10174 102 102 14% 14% 14 1474 14 14 14 % 14% 1,200 34 34 34 34% 34% 34% 34% 341/2 250 *101% 102 6,800 15% 15% 15% 1574 15% 15% 15% 1574 1574 1574 42 42% 41% 42% 41% 4174 41% 42% 41% 42'A 18,200 19% 1974 1974 1974 19% 19% 1974 1974 19 Va 19 34 26,800 100 _ *150 15C % 150 150 *150 *72 76 ♦72 —100 *72 76 __1 *40 40% 40% 4074 No par *18 19 18 Ve 18% RR - 40% *18 __ _ _ _ 3 10% 10% 10% 10% 100 9774 9774 97% 9874 *97% 1 . 10% 3174 32 31% 3274 31% 160 150 150 150 76 *72 76 *72 76 41 X3974 3974 39% 40% 18% *18 150'/a 150 1874 18% 18'A 400 10% 1074 10'/a 10'A 26,109 9874 *97% 9874 3174 32'A 32 ♦98 3174 98 3A 40 321/a 11,300 '3,000 9 834 87e 874 874 17% 1774 1674 17% 17 1774 17'A 18% 1774 No par *59% 6074 59 Ve 59% 59% 59'A 58% 39 25 common 81% 81% 7974 8174 79 80 7874 79% 7974 80 21% 21 21% 21% 21% 1 Gulf Mobile <fc Ohio RR com_No par „ Gulf Oil Corp _ _No par 9 „ 9 874 874 9 ' 21% 2174 21 21% 21% 3,900 1074 (The)— Gulf States Utilities Co 100 104 61 No par _ Guanianamo Sugar 30 129 1774 35% No par Inc r_ 300 88 No par com __ 96 107 4 *106 43 2% 58 96 19% 10274 ♦ 13% 43 13% *42 85'A *94 Va 11174 114% 10674 19% 125 125 130 96 1 ____ com Aircraft *Corp $5 preferred 14 28% 107 *106 5 Tap <fe Die Corp 4%,% preferred Grumman 5,400 92 115 42% Prop—No par Bay & Western Greenfield 3174 96 92 ♦90 4274 5 10 pfd Sugar preferred L) 107 *95% 130 17'/a No par Steel (W T) Co common (H 31% 96 100 P_ (The) Co Greyhound Corp 95 Inc __1 137% Jan Apr 100 No par Batteries 144% Mar July _ 9% —10 _ 22 July _ - 17 3574 Aug ♦105% *96 30% 30 *56% common—No par 18 V« Apr 65 31% 97 92 14% 1 Oct Dec 107 *95% 14% *90 50 ___ 19% 12 No par common Jan Nov 31% 31% 95% 2,100 16 % 43% •105% 3274 9574 8,400 Ry 6% 67 31% 31% 9 6% 19% Iron 20% * 9 5 74 29 % Northern 100 107 3,000 32 32 220 39% 19 Ve Northern Jan *105% 39% 2874 Gt Jun 107 39% 3,500 19 Gt Oct 40 2,400 28% 29 11 934 39% 34 117 1874 10 15% 28 28% 28 93% 28% 1974 Apr 1574 Oct Jan 2774 29'A 37 14 Va Mar 117 2874 3,900 19 44'A Jan Jun 117% 28 40 ♦105% 11674 29% 19% Motors Western 3374 118% 10 5,300 87% ___ Great 29 2,100 8 19% 3 7 34 774 23% 124 *83% 29 3 28 29 23 Ve 1974 _ City 774 17 ♦122 8 7% (B F) Union 22,200 DAY 1974 preferred- Grand 17% COLUMBUS *83 74 Stock Telegraph Co Granby 8,300 2.50 Brewing Co Granite 33% 23,000 3% No par Jan 1178 107 2874 3,800 18 Ve 3% 19% Jun Jan 28% 34 33% 1774 42% 12 Jan 28% 20 33% CLOSED ♦9474 33 Dec 33% 116% 774 17'A 23 2,600 EXCHANGE 3% 122 1,100 21% 1974 Sep 33% Mar 33% 116% 7% 2274 122 104 Ve 21% 95% Jan 62% 33% 116% 39 *105% 2878 29% X1674 22% 125 104 44 Va 14 Va 133% July 39 29% 7% 73A 17% 124 ♦122 800 125 STOCK 19 % 4374 Mar 28% 11574 28% 774 124 145,500 ♦94% Jun Apr 17% Feb 115% ♦122 3% Shares 52% 1974 Jun 103 —20 124 7 74 29 % 2974 *33% 3374 374 share 95% (The) Graham-Paige , f per 52'A I per share 4474 11% Aug 24 *122 774 No par 33% 32 100 10c pfd—No par 374% preferred Grayson-Robinson Stores $2.25 conv preferred 11% July 13 22% Gould-National 2474 Jan Dec 17% 23 4 29 Apr 3% 17% 2274 2 Jan 16% 374 17% No par Dec 101 3% 17% 23'A 3% preferred Gotham Hosiery Apr Apr 374 17% 18% the Week Oct. 13 Oct. 12 1974 convertible $5 174 23 % v 61% 874 2% Oct i 5 10c 103% 28% Jun 18% 6074 3074 11 33 18 *102% Jun 93% 32% 6274 Jan 29 32% 103% 16% 7% Jun 32% 1874 62% 16% 3 33% 18 *102% 1% May 5 3 4 Feb 174 Jan 33 1874 Sales for Friday Thursday 53% 34 No par 20 share 18 $4.50 preferred— Harvester Corp $5 t per 52% 3374 No par July 26 6474 Sep 22 53% 11 1 No par Goodyear Tire & Rub com 105 PRICES Wednesday 21% Gleaner Goodrich Co 52% 5474 SALE Oct. $ per share share No par Goodall-Sanford Inc 5 53% HIGH Tuesday Oct. 10 100 4474 Gold 11574 Oct AND 160 117% *94% 2 3 127 *115% 3 13 13 I per 54% — 1,000 No par 10 20 127 116 10374 common Oct 6974 Jan 127 116 LOW 54 — 6,900 preference—No par convertible Gimbel E>rothers Feb 4374 Jan 128 118 Oct. 9 * 127 128 Monday t per share 7,100 - 10% 5874 *114 - 28,500 102 10% 127% 125% 100 18% Oct 101 % Jan ' > 58 : 118% 127% *116 20 Va 1 12 Jan 59% 128 118% 20 • ' 125 Gillette Safety Razor com & 59 5874 10374 preferred 100 374% preferred 100 Georgia-Pac Plywood & Lumb Co__i Gocbel 1074 5874 21% 4% % 4 % % 10% 104% preferred- Glidden Co 10% 58% 125'A General Tire & Rubber Co com____5 $5 1074 58% Oct. 7 Time Corp common—No par 4%% ♦100% 102 11% 59 21 Telephone Corp__ General •100% 1074 103% Corp 125 Dec 3% 9 General 102 ♦100% 11 125 Corp Castings $6 July 20 13% Mar 24 Sep 45% 3 Steel 27 Aug 1U4 31% May 58% May Gen *100% 102 102 1074 21% Refractories General 4874 104% Utilities General 4774 125 6% 4 48% 2174 23 4 30% Mav 11 4774 104% Public Service 19 4874 12474 126% Feb May 4774 22 Railway Signal com 29% Oct 4874 104% Gen 35% Sep 48% 125% General Public Utilities Corp__, 128 49 48 % 2174 17 3 116 4874 *104% 20 8 % Oct ♦114 Va. 49 *125 1874 Feb 15*2 67 Equip preferred General Realty - 5 Portland Cement Co General . No par Advertising Precision 114% No par $3.75 series 1574 1,800 15% 15% uNo par preferred——:. Outdoor 80 3,500 15% 48% *59 Par .. Preferred . 8,500 114% ■:? *114 —' 30 1574 1574 117 — 30. ?9% 48% 15% ♦114 — 2,500 9 68 115% Saturday 24% Feb 99 % 18% $5 Gen " 874 *67 48% . General Motors Corp common 4874 Sep 122 % Jun 28 ' , 48% • *117 STOCK YORK EXCHANGE 4,400 22'A 22 8% 68 • 10 157 48% 1574 117 • *127% preferred___100 STOCKS : NEW Highest 22 *100% ' 100 convertible 974 *155 < 105 48 No par preferred 10 % 1<> 29% 30'A 54 ♦101% 48 '4 1574 * No par 1 :— ♦29% 30 *67 53% 1574 *114 No par Corp__1 30 874 874 68 67 22 22 874 9 69 Va *66 3074 21% 22'A 22 874 9 106 % 105 48% , _No par $3.50 preferred Instrument 374% -3074 No par Co 22% 69% *67 .___;——100 Electric General Range Since Jan. 1 Highest 874 50 General Foods Corp com 5 Vc 22% 100 preferred General • Year 1949 5 No par 2nd preferred General Cigar Co Inc com Range for Previous Lowest Corp 600 27 26 21 ■ Feb Jun 500 21 *25% ___x.No par 9 Vb 6 200 500 . 27 50 1.6674 com__l common 18 38% 5% 100 Co 18 «'/4 38% 22% preferred 83/B 38 Ve 8% 39% 22% ■ 3 Va x38 Ve d % 8% *38% 19% 1 0)4 39% ci 8% 18 2 8 39 % 8% *39 *17% Transportation Baking *18% *19% com Investors preferred $8 1074 18 No par preferred series A $4.25 874 10% 18 Va 5 $4.50 preferred General CVa 10% 18% No par Industries American General 8% 10% 18'A 50 Co convertible 4%% 874 1074 18'A common Gay lord Container Corp. General 8% 10% (The)—.___xx Corp Gar Wood 874 10% preferred (The) Co Gardner-Denver 157% 107 Gamewell 8% 101/4 —-20 convertible 5% 8% 2,000 *8% __1 common preferred Gamble-Skogmo Inc 23% Aug 3 374 July 13 1 (Robert) 1974 Mar 16 13% — Inc Co 6'U (The) Co 18 % 50% 31,500 2,000 11,600 3,900 - 1 16 The Commercial and Financial Chronicle (1448) YORK NEW Range for t per share NEW Range Since Jan. 1 Highest $ per $ per share YORK LOW STOCK Saturday EXCHANGE Highest Lowest Par $ per HIGH SALE Monday, October 16, 1050 S per share PRICES Oct. 11 $ per t per share for the Week Oct. 13 Oct. 13 $ per share share Sales Friday Thursday Wednesday Oct. 10 Oct. 9 $ per share AND Tuesday Monday Oct. 7 t Pershare share . . RECORD STOCKS Previous Year 1949 Lowest STOCK . Shares share H Hackensack 39% Dec 30% Sep 28 46 % Feb Jun 24% Dec 22 V8 Apr 20 32 % Aug 24 Halliburton Oil Jan 14% Dec 13% July 25 18 11% Jun 13% Dec 11% Jun 81 Jan 12 V2 July 104% 18% 142 Apr Nov May Nov 108% 68% Oct Jun 10% 5% Jun Feb Jan 9% 23% July 17 108 Jun 26% Oct : 7% Feb 10 64% Jan 5 79 Sep 8% July 13 12% 12% *12% 73% *73% 11 % Oct 9 Hayes Industries 8% Jan 7 Hayes Mlg 10 25% Jan 95% Dec 93% Feb 3 30 Jan 37% Dec 32 % Aug 16 July 17 103 Mar 20 Dec 25% Aug July 14 1 98% Apr 41 Hecht 3%% Heinz 9 106% Jan Helme Mar 10 42% Dec 13 % Jan 17% Aug 14 Jun 40 Jun 53 Dec 49 July 27 Feb 131 Sep 26% Mar 45 Dec 34 July 25 48 Jun 1 52 Nov 53% Dec 52 % Aug 23 56 Feb 8 122% Aug 2 20% Mar 7% 25% 25% common—_1 6% 6% 6% 6% 6% 6% 6 100 *78% 81 *11%' Powder Nov 52% Dec 21 53% Feb 21% Jan 15 % July 14 22% Feb 21% Jan 10% Jun 18 % Jan 7 77 6 % 5 22% 22% 22% 22% 22% 4%% *78% 6.400 227% 22% 22% 3,800 32% 33% 33 % 33% 33% 33 % 1.500 95 95 210 *94 96 95 95 95 95 *34 34% 34 34 33% 34 % *40% 25 No par : 41 16% common—.No par 59% 100 29 *40% 16% 16% 58% 59 % *104% *28% 41 41 16% 16% 95 % 34 3a 34% *105% 106 *94% 34% 106% 105'A 105% 28% *28% 41 *41 i 29 ■ 42 16% 16% 58% 58 125 % *125 39 58 % 11% *33% 125 59 126 *125 126 *125 106 29 *104% 5,10.3 6% 22% _25 29% 81 *79 23 __100 106 1 G30 6 % 32% *28 2.100 6 7'« 10% 32 *104 % 81 25 % *6% 6% 6% 33% 100 90 147 25 % DAY 11% *32 —10 5.40 3 6 % 11 6% 15 — *28% *41 16% ' 0 200 42 13 16'A 16 58%. 58% 126 400 ■ 29 1,30 3 58% 4,200 60 126 *125 4.200 39% 39% 39% 39% 39% 39 39 % 39% *53% 53% *53% 53% *53% 53% 53% 53% *53% 54 __50 *52% 53 53 53 *52% 53 % 52% 52 *52% 53 'A Inc———_——5 *20% 20% 20% 20% 19% 20 20 20 20 20 16% 16% 16% 17% 16% 16% 16% 16% 16% 16% 72% 72% 72% 72% 74 74% *73% 75 73% 73% 200 14% 14% 14% 14% 14% 14% 14% 14% 14% 14 % 3.200 18% 18% 18% 18% *17% 14% 14% 14% 15 14% 14% 14 14% 14% 14% 1,1 00 25% 24% 25% 24% 25 3.400 16 16 % 16 % 16% 16% Hershey Chocolate common-.No par 4%% preferred series A__ 50 18 Jun 11 % 6% preferred 5% 3 Aug 14% xll 6% Co Motors Hercules 51% 81 11% 6% preferred non-cum Hercules 127% Mar 13 *78% 11% 6% —1 % 26% *145 COLUMBUS 25% *79 81 11% *_—2 common 3 *143% 145 108'A 26 147 25 common 58% May 19 xl3% x51 % Apr Co W) 25% *145 25% preferred (G 25% 145 25% Inc: Glass J) 145 25% preferred <H 25% 25% 145 25% 70 *107 CLOSED 26 00 5C0 12% 76 *74 EXCHANGE 108 % *107 108% *143% common-- 3.65% 6 33'% Mar 16 44 Co 25% 25% *107 12% STOCK 12% 74 74 74 —__10 Corp.- Hazel-Atlas 5 , Jan 39 29 25% 108 % *107 108% *107 com-..No par Marx Corp of America 4%% preferred 28 73 % *32% 100 & 3 July 84 122% 12% 73% Hat 20% Jan 12% 74% preferred Schalfner 33% Mar 16 34% 12% * Refrae 6% Hart 25 Oct (M Harbison-Walk 13 Dec 32 % *12% preferred 100 A) Co $4.25 pi'ci__No par 12 Jan 105 conv Hanna Mar 31 3 5 F) 27% Jan 148 % Jan 5 (W 4% 5 24% Jan Jan 2 No par 20 % July 18 Jan 6.500 17% Hamilton Watch Co com Dec 23% 30% 17% 8 25 98% 703 30% 17% 12 Dec 19% 32% 30% 17% 14% Jan 3 Jan 6% *31% 29% 17% 80% Feb Nov 61 32% 30% 17% 15 30 7% 31% 30 17% 66% July 13 104 Apr 11 Jun Jan 33 31% 17% 5 Jan 4% 31% 30% 17% Printing Co 20 Dec 31% 31% 17% Hall 141 25% 31% 31% 29 Feb Jan *31% Sep Jan 23% 149 20% 14 25 Well Cementing—5 Water Jan 16% 12 31 series preferred B % 39% 100 300 * 27 Dec 84 % Sep 68% July 24 8% May 12% Dec 11% Mar 6 11% Jun 15% Dec 14% Jan 4 12% Jan 15% Sep 12 80 Hewitt-Robins Chemical Heyden Jan 6 14% Sep 27 19% Sep 5 Hinae 16% May 9 Hires Corp common__l preferred series A __100 3%% I July 12 Jun 29% Dec 22% July 13 8y« Jun 15% Oct 10% Apr 16% 20 Jun 22% Jan 24 % Mar 28% Sep 16% Apr 25% Jun 34% Jan 50% Nov 31 x24 Apr 34% Dec 100 31 V Hilton Hotels Corp Dauch & 8 Holland 5 17% Sep 6 Hollander 18 20 % Aug 18 Holly 12 29% Mar 7 5% 47% Jan 11 32% Jan 13 44 % Oct 3 E)—_ 5 Electrochemical 116 Dec 109 Jan 13 145 Sep 101 % Dec 101% Jan 12 107 Jun 13% Dec 14 Jan 9 34 Jan 10 38% Feb 10 Househoid 30 Feb 35% Nov 28% Jan 41% Nov 29% July 13 86% Jan 99% Dec Jun 28 94 103 July 3 3%% 106 % Aug 10 4% 19 16% 16 16% 16 19% 18% 18% 27% 27% 27% *27% 27% 27% 27% 700 39 39% 38% 38% 38% 38% 38% 38% 38 % 39% 4 5 00 43% 43% 43 43% 42 % 42% 42% 42% 42% 42% 1,800 No par *142 144 144 144 *140 __No par No par *102 104 *102 103 103 12% —____50 *32% 32% 32% *35% 35% 34% *98 98% 97% Houston 100 4% Jun Dec Jun 17% Dec 7% Aug 1 11% July 21 11% Mar 13 8% 18% Oct 13 5% 33% Jun 47% Jan 35% Mar 9 49% Sep 8 Hudson 9 Feb 14% Oct July 13 17% Oct 7 Hudson 8% Nov 11% Jan 2% Jan H 00 £ Dec 1% May 10% Jun 13 8% Jan 12 1% Jan 3 4% Apr July 17 25% Apr 16 15% July 31 Hudson Hunt Foods 22 Hupp Corp 13 Hussman 31% Jun 22% Feb 73 Jun U Range Since Jan. 1. Lowest Highest $ per share Jun Jan NEW ; Highest $ per share 32% July 25 40% Mar 15 52% Oct 4 Illinois 29 98 Jan 3 34 Jan 25 49 Oct 6 31 July 13 41% Mar 23 Sep 52% Jun 9 9% Jan 4 21 10% Jan 7% July 13 Jan 29% Dec Jun 8% Jan 25% July 12 5% July 14 53% Dec 72% Oct 63 Jun 29 71 Apr 160 Aug 1 175 42% Mar 28 33% Mar 27 9 38 Jun 18% Jan 12% Mar 30 18% Aug 23 9% Aug 8 16% Jan 16 11 92% Aug 9 1% Jan 25 100 10% Dec Apr 18% Dec 95% Dec 2% Jan 13% Jan Feb 10 51% Oct 5 Jan 5 24% Oct 11 Oct 1 Jun 9% Jun Jan 22% Jun 29% Dec 27 32 164% Jan 180% Dec 171% July 13 181 Dec 13% Apr 93 5% Feb Dec 10 12% Jan 185 13 July 17 25% Jun Jun 34% Oct 7% July 12 31% Jan 25 73% Jan 86% Oct 81 3% Feb 6% Dec 25% Jun 31% Jan 24 133 Dec 143 Feb Aug 18 3% July 31 25% Mar 31 130 % Feb 24 12% July 24 33% Dec 37% Dec 94 Jan 103% Nov 7% Feb 4% Nov 43 Nov 71 35% Jan 25 Feb I 104 5 July 12 Feb 49% Jan 3 2 Apr xl45% 234 RR stock Illinois ctfs 4.08% 17 17% 16% 14 14 14 13% 13% 3 3 Illinois Terminal 3 July 25 17% Oct 240 9 4 RR Co— *9 % De 1 No par Inland Co Steel Inspiration 4%% Intercontinental Int 14% Aug 7 59% Sep 18 Sep 1 8% Apr 12 64% Apr 12 & 35'A 1.3C0 50'A 49% 50% 9,900 90 90 90 35 48 48 'A STOCK 47% 48 % 720 33% 34% EXCHANGE 3374 34% 1,900 50% CLOSED *50% 50% 50% *50 9 9 % 28% 7% *6% 28 58% 59 9% 28 "'4 7 % DAY 597% 73 73 % 164 *160% 2o % 7 164 *10 23 99 *2% __100 31% *176 31% 32 176 5 53 53 *91 10% 11 _100 .. 16% 214% 176 % 10% 93 class A__25 com 2% 2% 17% 215 52% *91 10% 23% 2% 17% Packers Co com Limited—_ 15 new______7.50 —No par Int'l Rys of Cent Amer com__No par preferred 100 Oct 7 International Salt 38% July 18 46% Jan 28 International Shoe 42 % 61% Oct 7 Aug 34 Jan 11% Apr 32% Aug 30 9 % Jan 3 36% May Jun Apr 21 20 Dec 17 22% Jun 19 4 29 Sep *7% 60% 13% 13% 45 46% 108 'V *106 % 7% 7% 61 60 *66 10% 10 3 24 24 % 7,700 99 99 2% 17% 215 *2% 17 216 31% 11 10% 10% 10% 51% 52% 93 13% 7-% 60% 31% 18.9C0 32 180 10% 10% 4,300 50% 51 50% 51% 3X0 ) 93 93 93 93 34 % 33% 135% 134% 13% 44 % 45% 106% 7% 1.40) 10% 34 60 19.100 . 176% 3% 13% 32 500 2% 17% 215% 176% 3% 106% 46% 107 2% 17 % 214 176% 176 135 136 2% 17% 216 150 7% 13% 44'/4 106 *7% 61 61 69% *65 3% 800 3% 33% 34 134% 3% 34 % 134% 13 % 13'/a 45% 45% 106 *105% 1 j ) 29.000 370 135 13 3 8 5,200 46% 33,400 107 200 7% 7% 7% 1.900 61% 61% 61% 6G0 69 65 65 —No par 41% 41% 41% 41% 41% 41% 41% 41% 41% 41% 1,803 25 60 % 61% 59% 60% 59 % 59% 59% 59% 59% 60 'A 3,600 No par International Silver preferred 13% 46% *106 10% 247% 99 31% 3% — 5/00 99 175% *91 ~ 17% 23 31% 53 % — 5,90.) *10 175% 93 1,580 5i % 10 % 32 34% 135% 2% 16% 10% 2.500 <3 23% 100 176 34% 136 23 212% 216 34% *135 *10 *99 100 600 74 162 ) 6,600 59 % 72% *160 10% 98% 28% 7 59 73 % 72% — 2<fu 9 9 COLUMBUS 20 23% 4 00 48% 33% 17% Corp preferred 7% 35 49% 17% 34% 52 1 35 90 17 23% Shares 51 35 % 17 98% for the Week 90 16% *10 Sales Friday Oct. 13 17% 5 1,100 Sper share 17 3% Oct 16 Oct. J'i *160% 3% Feb July 17 58% 60 73% 164 3% Jan 65 *6% 3% 46% 3 7% 1 57% July 28% Canada com_.No par International 5% 60 71% 9 28% Thursday $ per share 17% 100 Paper 61% 77 Oct. 11 $ per share 17% Preferred $4 *7 7% 9% *50 6.100 PRICES t» 1 1 Chemical preferred Mining International Inter 9 28% 50% 3.500 29.900 22 51 — 8 110 *50 33 % SALE 3% 22 50% common..—No par 2 7 26.OU0 3% 22 % 51% 17% 6 137% Jun 1,200 3% 3 22% 50% *214% Oct of 14% 50% __No par May Nickel 14 'A 50% Rubber—__No par 53% Oct Int'l 14% *14 51 Inc Int'l Hydro-Electric Sys Minerals *46 34 100 preferred 4% 17% 50% Machines..—No par Harvester 7% 16"% *160% common Iron Int'l 48% 33% 15.600 9% 17% 164 Copper Ctfs Corp Oct 18 48% 2.200 16% *160% preferred Interlake 50 % *88 O 100 42 18% No par r Cons Insuranshares Interchemical 61% *73 *35 2.5 48 Wednesday $ per share 90 8% 100 preferred 6% 7 Mex, S A common Business 35 % Sep 51% 9% 6 9 % 35% 50% *89 28% Jun July 25 50 _. share 35 35% HIGH Oct. 10 Oct. 9 51% *28% Int'l 6 51% 5 Mar 29 Jan 16 *35 AND 22% Tuesday Monday S per $ per share Indianapolis Power & Light—No par Ingersoll-Rand *21% 22% 55 17 3% 3 3% 3 22% 22% IOO 1.000 47% 17% 34% Jan July 17% 50% Jun 7% 17% *22% 8 % 150 51% 21 41% 16% 1,403 98 105 *20 ■ 41 % 600 48 % 15% 49 *50 preferred- cum 50 14 15% 48% 49% A__100 8% 16% *104 20% 7,200 48 15% 50% *33% ser 41 8% 8% 8% 15 *48% 38% 30% *20% 41% 49 A_____.1000 41 61 8% 8% common—No par pfd series Co Power common-100 Rayon Jan Jan 20% 40% 15% 90 Industrial 41% Jan 20% 50 Oct. 7 Co conv 22 May 8 non-cum 65% Sep 30 26 6% Electrica Jun 12% 8% 41 15 *89 Industria Jan 86% 21% 41% *20% Saturday —20 RR 19 55 Jan STOCK Co Central Jan 155 11% YORK Idaho Power 25 82% Jun Sep 165 54% LOW Par 34% Jan ~7% 33 % Mar —___1 No par $ per share 21% 4 55 49% EXCHANGE Dec Nov —.6.66% _ Dec 34% Dec 37% 12.50 Refrigerator Co 51 20 25% 54% 14 100 Inc Dec 36% 36% 100 54% STOCKS Year 1949 $ per share 54% 22 & Sm Ltd—No par Car...— Motor Range for Previous Lowest preferred Min Bav *50% . 103 % 35 52 55% Manhattan common..100 & non-cum 35 *97% 50% 55 41% 35% 98 52 55 41% . 105 54% *20% Co___— *97 104% *104% 52 5 9 34% 35 % 97% 52% 1 22 32% 51% Howe Sound Sep 32% 52% Howard Stores Corp 23 32% *51% 59% May 19 44% Jan 32% 105 12 July 25 32 % 10 13 105 38% Jan Mar 22 12% 104% 44% 15 97 13 104 % Feb 33 34% 35 98 203 140 139 *103'A 12% 1.05% 29% Oct 32% 141 *103% 13 *104% Light & Power—No par Houston Oil of Texas vtc—— 25 Jan *32 141 143 % *18% 103 100 56% Jun 16 12% 13% 13 13% Finance common.-No par preferred 13 46% 11% 600 19% 27% 46% Jan Jun 900 19 19% 48% May Jun 1.0J3 27% Jun 12% 19 18% 19% 5 com preferred 31% 18% *27% 42% Oct 19 18 10 pfd series A $4.50 2nd 100% Aug 29 16 % 17% 18 _30 Co $4.25 preferred Houdaille-Hershey com $2.25 conv preferred 4 26% 12.50 Jun Oct 26 .-—5 Mining.- 9% May 24 26% Co 94% 10% July 13 29% July 27 26% 25 Corp common preferred— Homestake Hooker 1 & Sons—1 (A) Sugar Co____—10 Paper Furnace conv 5 — < Charles Co Jun July 25 1.400 25,000 common 25 ________ 25 International Telep & Teleg_.No par International Utilities Corp.._ 5 Interstate Dept Stores No par *35 35% *35 72 *65 35 % *35 35% *35 *65 35 % 100 67 *35 35% 14% 14% 13% 14% 13% 13% 13% 14 % 14 14% 91,003 21% 22 21% 22% 21% 21 % *21% 22 21% 22% 3,603 *28% 28% 28% 29 28% 28 % 2 8'A 29 28% 28% *31 31% 31 31 *30% 31% *30% 31 31 31% 300 18% Feb 23 Aug 20% Jan 24 Jan 34 Nov 28 July 12 45 Apr 14 Intertype Corp 25 % Aug 24 27% Sep 21% Sep 22 Iowa-Illinois Gas & Elec Co__No par 26% 26% 26% 26% 26 26 % 26% 26 % 26 26% 7,300 29 Iowa 21 21% 20% 20% 20 % 21 20% 20% 20% 20% 4.700 % 1,900 — 24 Jun 136 % 2% 32 Jan Aug 148 Feb Jun 7% Jun 18% Jan Jan 94 Dec 44 Jan 59% Oct 95% Jan 105% Dec 30% Jun 50% Dec 135 Dec 11% 81 17% July 26 27% Jan 5 29% Jun Dec 54% July 11 5% July 18 3 Creek Island $6 Coal 7% Jan 11 Jacobs 5 18% Sep 25 Jersey Cent Pwr & Lt 4% 70% Mar 3 Jewel 107% Mar 1 54% July 19 103 Jun 26 36% July 26 48 Jan 3 33% Jan 73 Jun 86 Jan 81% Jan 13 30% Dec 40% Mar 23% July 17 106% July 21 27% Jan 13 51% May 18 64 Sep 26 109% Mar 20 44% Oct 95 Oct 34% Mar 6 13 6 (F L) Johns Johnson & 94% Jan 102~ Aug 100% Feb Jan 9 Mar 24 24% Sep 105% Nov Feb 49% Dec Jan x34% 62% Dec 19 98% Jan 25 103% July 13 43 13% May 16 25 % Sep 103% Apr 15 10 109 % May 18 5% Joy Johnson common & 109 44 4,800 18 18 18 500 92 *91 91% 210 61 *60% 61 60% 61 61 61% *105% 106 *105% 45% 47 44% 61% 106% 43% 45 62 *62 *108 62% 63 109 *105% 109 106% *105% 63 800 106% 43% 44 100 Co 1 4% 42% 43 *107 % 42% 43% 62% 109 13.100 62% 800 109 43% 44 94% 94% 94% 94% 94% 94% 94% 94% 94% 28% 27% 28% 27% 28% 28% 29 % 29% 30 % 48,800 95 28 Furnace 10 *11% 25% 11% 25% 11% 24% 11% 25% 11% 24% 11% 24% 11 24% 11 11 25 *109 101% *100 511 _ 13,100 preferred— 100 *105% 107 *105% 107 *105% 107 6 Kansas Power 13% Jan 9 Kayser (Julius) Dec 20% Jan 13 27% Oct 4 13 % Jun Kelsey Hayes Wheel 19% Dec 16% Jan 30 23% Oct 2 City Southern com__Nopar preferred __100 & Light Co & 8.75 56% *66 *105% 107 56% 54% 56 54% 5514 54% 66: 66 65% 65% 65% 65% 17% , 17% 17% 1.200 24% 6,900 *100 102 106 55% 70 11 24% 102 cum B *107 43% 101% non-cum Class 44% *100 Jan 4% Kansas 42% 101% Nov 4 *108 *100 14% 13 44% 100 17% 62 *108 6% 17% preferred— 3.80% 23% 22. *60 100 Kansas City Pr & Lt Co com_No par Jun page 12 % 6% 10 K Kalamazoo Stove July see 47% No par preferred series A Jun footnotes 47% preferred series A 2nd 17% For No par 7 % 32 141 92 61 Corp.— 32 *139 18 62 106 7 7 32 % 141 92 *61 *105% 32% *139 91% 18 91% 10C 7 32% 140 *17% 17% 91% 14% x 7% 18 92 Manufacturing Oct Mar * 32% 140 1,600 ' 4% 66% Oct 19 6% 7% 18 10% 58 7% 32% 140% 92 July 3 57% July 13 14% July 26 10 % Jun 30 52 1 32 % *139 No par Jones & Laughlin Steel com ~ 12% 140% pfd__100 preferred Manville 32% *138% common—No par Inc Co Tea 3%% Co.—_ 32% 1 Jaeger Machine Co 96% May 15 Jun Jun 50c — 6 Feb 8% 10 common preferred Oct 21 Dec July 27 Jan Light Co 14% Jan x91 102 109 35 141 & Power No par ; • 106 80 55% •i 53 6,203 66 % 66% 700 17% 4.800 12% 2,400 17% 17% 17% 5 13 y8 13% 12% 13 12% 12% 12% 12% 12 3 conv class A__ 1 *26% 27% *26% 27 % 27 27 26% 26% 27 27 600 22% 22% 22 22% 22 22% 22% 23 5,000 Co i 1 17% 22% 17% 23 17% 8 Volume 172 Number 4951 . .. The Commercial and Financial Chronicle (1449) NEW Range for Previous Year 1949 Lowest • Range Since Jan. 1 Lowest Highest $ per tper share $ per share share Jun 56% Jan 49% Apr STOCK Jun 48% Nov 45% Mar 1 11 % Feb 16% Nov 157A Jan Jun 25% Dec 24 Jan 66'A Sep 62% Oct 3 17'A 13 Jun 16 % Dec Mar 72% Dec 25% Jun 31% Jan 90 % Aug 98 Jan 93% Jan x357A Feb 43 Dec RECORD Kennecott 7 Kern 37 % July 14 50 65% 65 7A 65% 66% 64% 65% 64% 61% 62 7A 60% 62% 61 61 % 61% 61% *25 Oct. 13 tper share County Land Co 65 % ■' ' '; 25% 25% 25% 25% 25% 43 42% 42% 42 43% l ! 16% 16% 16% 16% 16% 16% *15% 16% EXCHANGE 71% CLOSED Oct Jun 26 6 July 17 Jan 71 5 Oct 62 10 $5 (G R) prior Co i preferred.. Koppers Co Inc 4% common No par 71 71 71% 71% *71% 71% *71% :10 33 33 32% 33% 32% 32% 32% 96% 96 V2 96% 96 Va 97% *96 Va 97% 39 38% 39 38% 38% 38 38% common.. preferred Kresge (S S) Kress (S H) Kroger 6,100 1,000 42% 7,900 *16 16% 300 71% 71% 160 32% 32% 5,200 COLUMBUS 97 97 DAY 33 110 ._10 k39 No par *53 53% 53 53 38 52% 38% 5,100 53 53% 54 No par 65'A 53% 54 65 65% 66% 1,200 68 71 69'A 70 69 69 2,500 ^ & Co Co 96% loo i. Co.— 61% 25 42% STOCK Kinney 21,200 61% 25% 41% " Shares 66 25 1 42% com the Week tper share 66 _5 r 42% 42% Jan July 12 53 No par : Sales for Friday Oct. 13 S per share ■ 25 100 9 Dec Thursday Oct. 11 $ per share No par 2 Dec $ per share No par 34 60% I per share PRICES Wednesday Oct. 10 Keystone Steel & Wire Co 3 9 62% Copper Tuesday Oct. 9 Kimberly-Clarke Corp Oct 717A Oct 11 24% July 12 Feb Monday Oct. 7 45 67'A Aug Jan Saturday 27% May 24 17% Mar 31 48% SALE STOCK Par 8 13'A July 20 43 YORK EXCHANGE $ per share 3 39 62 NEW Highest 40 10'A YORK STOCKS (The).... L 4% Jan 3% Jun 17% Jan 9% Jun Oct 8 6 Jan 6 22% 3% Jun Dec 43 Jan 6 28 47% Jan 25 36% Sep 62 Va Sep 29 Lee 22 Va Jan 19 Dec 40% Jan 25 22% Jan 20 90% Jan 98 May 94 6% Jun 11% Jan 7 49 % 5% Jun Jan 3 Jan 3 Jan 24 25% May 100 % 25 9% Oct 4 50% Jan 7 10% Oct 13 Jan 1% Jun 12 24% Jan 14% Jun 30 8% Jan 56% Dec Jun 9 Sep ' July 13 38% July 13 4% Jan 3 Dec Jun 1% 75 Pesos Mex 4% Apr 2% July 26 21 20 X41% Jun 8% Feb 11% Dec 9 Feb 26% Sep 19 July 13 30 6% July 27 64% Jun 12 July 17 20% 51 Jan July 17 11% Jan 10 24 Vb Jan • 9 Bryant Rubber Lees & (James) 3.85% & Sons Co common Navigation Co Portland Cement Lehigh Lehigh Valley RR Lehigh Valley Coal $3 Lehman 34% Sep 6 7% Jan 3 8% Mar 39% Aug 28 8% Sep 18 Libby McNeill Jun 37% July 30% Aug 25 37 % Apr 10 Life 91% 76% Sep 1 89% Jan 3 Jun 29 72% Apr 170 Feb 186 Oct 177 Sep 187 x6% Jun 52'/a Jun 19 Jun 10% x67 337/e Jan 7% Jun Dec 57 % July Oct 28% Feb Mar 31 38% Aug 27 5 17 11% Aug 75% Oct 28% July 26 13 3 Jun 42 177A Dec 14% July 12 21% Jan 9 Jun 78 Jan 71 3 81% Apr 17 16% Feb 25% Dec 23% Jan 13 347/a Aug 1 14 Va Jan 18% Aug 14% July 12 18% Oct 4 Jun 76 Dec 60 % July 26 81 Jun 257/b Oct 21% July 17 28% Aug x60 15% 11 19 Ve Ja n 27% Jan 172 % 23 Yb Jan 153 31% May 207A Jun 95 Jan 15 Jun 32 Dec Dec 164 x30 % Sep July 7 27 rviar 16 17 12% Aug 28 1 22% July 18 28 Mar 4 Jan 174 19 36% May 23 45% Sep 13 38% Sep 21 41% Jan 34% Jan 25% Sep 22% Mar 24 Oct 97% Feb 17 100% Sep 21 21 Vi Mftr 17% Jun 29 26% Oct 6 100 3 36% 700 57% 57% 1,600 23% * 7% *46% 47% 46% 46% %% Lowest 22 21% 22% 22% 22 36% 36 36%. 36 9% 2 % 36% 7 8% ..IIII5 *34'A com 25 *81% 100 ... *180% No par 35% 5 10% .'..No par > .75 9% 2 t per share S per share 9% 2'% 9% 2 20 *19% 6% 1,400 101 30 9 Va 9% 6,500 45 Va 46 45% 1,100 10% 38,400 97A 2 19% 23% 23% *98% 9% 9% 2 20 97A 2Va 2 2 5,600 19% 19% 19% 6% *6'A 6% 400 61% 61% 61% 617A 6,000 10 10 % 10% 10% % 22 7A 22 7A 22% 23 1,200 5,300 36% 357s *6% 8% 8% 35 35 82% 81% 182 87a 6% SVa 35 *181 3474 857a 182 82% *181 *6 5,600 82% *181 84 35% 900 83 82% 182 12,300 8,200 8% 8% 35 5,300 182 *181 36% 10 Va 10 10'A 10 107a 10 Va 10% 747» 74% 74% 74% 74% 74% 75% 38 387b 38% 387a 38% 39 7,800 16% 16% 1674 16 % 17 2,809 *3574 39 Va 38% 39% 17'A 16% 17% %■' 16% *73% preferred___lQ0 83 182 36 35% 8% 34% 97a 17% 77 Va *73% ... 36 8Va 34% 74% 10'A 38% No par 8% 35 35% 35% 75 No par com 36% *35% 367a 36 36 1,400 75% *73% *73% 74% 74% j 317A 32 317a 32 Va 31 Va 315A IIINopar — 31% 31% 31% 177A 177a 177a 17% 17% 17% 1774 17% 14,100 1,400 31% 17% 18 Corp No par .73% 73% 73% 73'A par *267A 27'A 267a 26% No par 13 Va 13'A 13 13'A common 75 74% 1U0 9.299 24,600 717B 71% 717a 71 71% £67a 25% 26 Va 26 26% 2,600 12 7A 257a 7274 25% : 13'A 123A 127a 12% 12% 31,900 4,400 1,600 no 25 Va 25 Va 25% 25% 2574 257a 257a 25% 25% iqq (M) NEW 46 23 Va 101 Co— Libby Co Steel Highest 46% 22 9% 2 167% 167% *167'A 166 % 167% ♦1667a 167 % 166% 166% 110 No par *317A 32'A 317a 317a 317b 317b 317a 317a 317/B 31% .50 *43% 44% 4374 44 Va 43 437i 43 4374 43% 44 % 1,000 8.300 & Sons Inc 35% 3,500 1 com 35 Va 100 .' Co 3474 35 Va *100 101 *100 to 26 Va 35 Va YORK 347b 101 25% 26% 168 100 26% STOCKS »' 46 10% preferred series A Lukens 9% 61% (Ky) Nashville... & 23 Va *98% 9% 10% & Elec Co Lowenstein 23% 99% 9% 61 preferred Louisville 23% 99% 9% 10% Cement <P) 23 % 100 9% 62 issued" Lorillard 23% "99 9% 10% i_, Louis* 23% 100 9% 61% Long Bell Lumber (Md) A___Nc Long Island Lighting Co— "When 98 % 10 % — Range Since Jan. 1 Highest 36% 61% Lockheed Aircraft Corp Inc 4 36% 587A 10% convertible 120 36% *57'A >61% Co 45 36% 61% 1 preferred Star *43% *43% 36% 60% 5 Lily Tulip Cup Corp..., Lima-Hamilton Corp Link Belt Co.. Lone 45 44, 36'A 61 No par Liggett & Myers Tobacco Loew's X44 1,500 36% 10 3 % % 45% 800 1,800 12% 60% 6% & > Year 1949 I per-share Aug Dec Range for Previous Lowest Aug 45% 29,600 5% 22 36% 6 % Liquid Carbonic Corp Jun 45% 6% Lion 13% *12 No par 9 65% 12% 19% Savers Corp Oil 12% 19% .. 27 12% 25 New 7% 12 9% Libby-Owens-Ford Glass Jun 12% 62 3 Corp (The) 6% 21% 12% 10 Lehn & Fink Products Lerner Stores Corp 34 % 5% 22'A 19% 2nd pfd 6% 6% 5% 21% No par 50c r.on-cum 6% *5% 22% com 1 1st preferred__No par non-cum 6% 5% 22% *36 % 100 & 6% *5% 22% 5% *61 1 II~5 I cumulative preferred Lehigh Coal *44% 50 Tire 6% 5% 22 % 12% *12 4 6% 5% 23 23 No par common 6% 6% 5% No par % % preferred Lane-Wells Co 28 Jan 45 Va Lane 6% 4 pfd (The) 8 Aug 26% 4% 6% Co 44 Jan 15 Consolid La Lambert 22 Jun Jun 4 Co 12% Jun Jun 3% 25 Gas 5 16% Jun Sep 23 Va Oct Laclede 10 % Jun 37 33% 3 Oct 47 19% 7 Va Jan 19% July 12 Dec 11% July 13 25 LOW STOCK Saturday EXCHANGE $ per share Par AND Monday Oct. 7 S per share 347a ♦100 25% HIGH 25 SALE Tuesday Oct. !> '$ per share 34% 100 35% 101 PRICES Wednesday Oct. 10 Oct. 11 4 per share 35 Va t per share 100 100 1 25% 60 25'A 25% 3,600 > Friday Thursday Sales < S per share $ per for the Week Oct. 13 Oct. 12 Shares share M 9% Jun 11% Feb 28 31'A Apr 42 Dec 36% Aug 8 Jan 139 Oct 135% Mar 3 131 14% Oct 9% Jun 157s Jan 11% Mar 31 27 7A Jun 337a Jan 95 % Jan 104'A Dec 28% July 17 101% Sep 25 8% July 107a 5 Jun Jun 430 Jun 6% 7 Feb Mar 13 Jan 20 Jan 1974 525 9'A 11 Jan Dec 9 15 3 17% Aug 7 34% May 25 105 Jan 20 14% Apr 25% Oct 18 24'A Apr 550 13 19 Trucks Macy (R H) 4% % 9% Jan 11 Dec 16 Apr 17 25 Jan 3 87A Dec 18% Oct 18% Apr 19 19'A 247a Dec 23% Jan 25 100 Va Aug 95 % Jan 104 Dec 7Vb Jun 12 20% Aug 10 6% July 13 9% Oct Marine Midland Market St 7 106 % Sep Marshall Jan 9% July 19 Dec 48% July 25 13% May 8 69% May 22 19% Jan 12% July 13 18 Oct 7 28% Sep 27 Masonite Master 38 Jun 49 Dec 89 Jan 987» Dec 97 Aug 18 100 Jan 12 $3.75 89 Jan 98 Dec 97 Aug 14' 100 Jan 30 $3.75 80 Feb 88 Dec 87 Jan 90 Feb 18 45% July 13' 10 12% Dec 11% Jan 3 May 45 Dec 42'A Jan 13 19% Mar 25 Jan Sep 58% Oct 26 6 17% May 11 52 Mar 28 19% July 14 27% Sep 18 July 13 23% May 11 39 July 49 Dec 31 July 25 Dec 99 July 19 3 25 Aug 17 37% Jun 9 77c McCrory 52% Mar 15 McGraw 34 Apr 30% July 17 37 Oct 13 Nov 44 58 Jan 3 Jan 41% 102% xl3 Jun 12 Va 70 25 July 13 Dec 33% July 13 Dec 99 Dec 21% July 13 12% Apr 5 14% Jan 3 17 Va Mar July 17 Ve Jan Vb May 93% Nov 2874 Jun 34% Oct 20% Jan 27 Dec 82 July 20 Jan 5 32% Jan 6 x21 % July 19 42% Feb 10 103% Apr 26 % Jan 22 9 18% Aug 16 32"/« Oct 11 93 Sep 13 64 Oct 11. 27 % Jan 9 77b Jun 137a Jan 10 % July 17 14% May 26 34% Jun 49 Jan 42 Jan 13 4 1278 Jun 15% July 14 Ve Jan 16 19 7% Mar Jan Apr 90 87a 4374 Dec 6% Aug 11 39% Jan 13 Jan 27 99 Dec 96 105% May 18 July 130'A 17 25 97% Jan 104% 10574 Oct 110'A 87b Jun 1474 177a 1774 177A 1774 1774. 1,300 26% 26 Va 277a 27 27% 5,800 *183% 186% *183% 186% '1837. 186Va ♦18374 186Va 57% 58 % 57 57 Va 57 57% 99 987a 99 98 98% 130 98% 99 99 99 99 110 87 7a 89 58% 5 98% 99 *87% 15 58% 98% *97% 88 % 89 15% 15% *45 No par 58 98% 58'A *98 *97 % 47% *45 25 25 21% 21% 21% 45% *44% 45% 1 *36 % *101% 102% Co. 1 *47 *35 53 127s Jan 12 Mar 101 Nov 125 Jan July 18 10% Jun 8% July x46 4674 36 *35 35% . 18 39% *100% 53% 39% 39% 102 '100% 24 24 1 ... *34 % 53% No par com. Co (The) 1st preferred Stores Co Transp Inc X23% oaee 22 36 Va 102% 46'A 47% 47% 47% 35 Va 35% 37 537* 52% 53% 1,100 4074 3,600 • 39% 102 23'% 53'A 397B '1007A *23 Va *35 5374 53'A 2, 00 39% 39% 102 * 40 40'A 1007A 102 *1007A 23 Va 237a 23 Va * *16% 92 23 Va' 31 300 102 23%. 400 17 > COO 32 ' 43,800 220 92% *91% 92 9074 91% 60 58 60 5874 62 64 64 617a 63 , 4,200 24% 24% 24% 24% 24'A 247# 24'A 24% 4,300 13% 13% 13% 13% 13 13 Va 13 46% 46% 47 18% 18% 18% *46 18'A Co—No par *6% *6% 7 7 ♦46 *6% 7 ___50c 52% 52% 53 'A 5174 *96% 97% *96% 97% *96% 158'A 156'A 156% 158% Co *46 18 .....No par 53 48 17% 17'A * 6 Va 91% 13'A 13 13 Va 48 46 46 177a 1774 177, 7 " »674 2,900 - 7 . 200 f- 2,600 ' . 527a 51 Va 52'/* 527a 547a 9,400 97 % *96% 97% 350 1557# 156% 16274 97'A *96 Va 1557a 153% 34 34 33% 34 33 33% 3274 33 32% 33 5,300 48 5 48 47% 48 47 Va 477, 47% 47% 47% 477a 1,700 100 105 105 '103% 10474 *103% 10474 103% 106 % 107% 10774 *106% 10774 104'/a *il03 104% 104 % 105% 104% 154 *106% '103 10774 104% * 106% *103 104 1574 1,730 110 ___5 15% 15% 15% 15% 15% 15% 10 51% 51% 50 51% 4974 50% 50% 51% 51% 52 6,300 No par 16% 16% 16 16% 16 Va 167a 16'A 1674 167a 17 13.400 49% 49% 48 49% 47% 48 47'A 48% 47 % 47% 100 *138% 138 % 138 138'A 138 138% 138% 138 >/4 138% & St Louis Ry No par & SS Marie__.-__.-No par 14% 14% 13% 14% 11% 11% 11% 11 % South Steel Petroleum Utilities Prod 1st preferred Inc 5 common ... P Common 3.20% 1,000 • 24% 58 3% common Minneapolis-Honeywell 15 30 36% *101 Va 36 % 50 Inc Copper Mid-Continent May 23 53% preferred....No par Scott___No par 2nd Machine St 1,100 3,500 45% 24 91 % , Metropolitan 8% 24% 22 Va 1 common preferred Minn 24% 22'A *45 1 Corp convertible Miami 2.500 102% *91 % Midland 42% Apr 36 60 15% 47% *101 Va 91% Shoe 49% Oct 111 36 102% 16% Minneap 10 45 3,200 89 157a 22'/# 45 327a 12 % Oct July 17 217a 186% *44% 25% 22 45% 47% 36 '101'A 47 16% 14% Sep Jan *24% Va 30% 3 31 2 5'A *87 7a 15'/# *44 17 V* 29 99 21% 15 *18374 ' Mesta 139% Mar 25 *45 15 'A 48 36% '103 139 % Mar 15 *45 "A * 89 102% ' Jun *87 7b 101 % 107% 13 98'A 46% 36 5 * 47% No par ♦98 36% 36 3/4 100 104% 28% Jan 25'% 25 *106 % Dec 15'A 47% 21 % * 34 88% *44% *103 Jun 99 3 Edison 3.90% pfd.100 preferred series...... 100 18'A footnote* 1774 26% 31V* Middle 59 17% 27% ...No par 49 % Oct 1,600 2,400 17% Merritt-Chapman & 16% Sep 59 4,000 v;j 26% 17% 20% Mar 60 15 12 18 common... 34% July 12 52 59 Va 147a *1174 27% preferred series..... 3 58 % 4,700 18 3.85% July 13 61% 100 31 106 27% 4.35% 23 For 58 Va 60 8,000 5 7 Jan 87 5774 31 *10574 15 U74 Jan 15 7Va 147A Apr 38% Feb 106 Va 117a 107'% Sep 13 317a *10574 117a 104 Dct 31V# 106% 15'A 110 Dec 31'A '10574 11% 6 Jan 87a 18% 147A 62 1,700 874 18% 15% 61% 35 874 187a 11 % 18 48 3474 874 187a ■ 11% 106% Sep 187/a 25,600 15'/a Feb Jun x31 300 97a 15% Dec Jun 1874 — 20 Va 35 35 874 18% 542 9% 297. conv 14,700 17 *525 20 Va 17% $4 177a DAY 100 9% 11% 22 14% 32'A 106 347a 87B * 87a 30'A Co 5,100 200 17% & 25 Ve 1,100 29'A $3.50 800 25 COLUMBUS 9% 17% 57c 10% *87* 30 Va Mengei Co 104 Va 9 29% Melville 3274 1017A 87a 11% Sep 377b 124% July 10% Aug 31% 105% 37% July 17 101% Feb 21 102% July 347b 35 2,600 32% * 20% *20 8'A 8,809 87a •17% Merck 12 Jan x20% Jan 32 106 20 8 VB 300 157a 1 Publishing. Min Jun 120 Jan 8% 1,900 > 10'A CLOSED 87A 10 & 186 Dec Dec 34% 35 20 20 *874 9 17% 542 87a Corp common No lar 4% 7c preferred (1st series) 100 4% 2nd preferred (1st series) __50 Merch 22 8% *525 874 15'/a Mead ,3 12 20 8% *31% McQuay Norris Mfg Co.. 7% Jan Jun *874 8% 106 157a 14 Ve 387/a 145 100 Stores Mercantile Jun 9'A 18% new preferred 15 63 *8% 17 % 1774 542 874 8% No par Corp McKesson & Robbins Inc $4 177a *525 87a *18% Co Electric McLellan 18 Va 542 83A Mclntyre Porcupine Mines. Sep 100 23% Jun 7 Mar 21 40 30 Vb 8'A Jun *34% No par McGraw-Hill 60% 39% July 27 *525 M.: 874 18% Stores Corp common convertible preferred 3% 7o 177a 18% 50 Jan 3 25 8% Corp cummon.: Feb May 24'A 1 Corp 41 'A 105 247a *18% Preferred 24 Dec EXCHANGE 24 No par preferred 45% 3274 104 24 Va 20% 8% pfd 1947 series__No par $3.40 cumulative pfd No par Maytag Co common. ...No par Jan STOCK 24 5 preferred Jun 32 Va ♦101% *38'A *140% 157a No par Chemical 29'A 33 102 14 ;V-V.V.'t: 10% 100 pfd 15% 10% *20 Corp 90 3274 102 1574 14 387a 145 10% 9 cum McCall 33 Va 10374 387a 10% 9 Co May Dept Stores McCord 15% ♦1374 *140% 10'A 874 preferred $3 167a 14% 387a 145 107a 874 com 137a 38 7A ♦140% 107A 542 *525 100 L) Electric Mathieson Aug 185 Co & (Glenn 179 3 17% 1 preferred Feb Feb 24 50 Martin-Parry Corp 137a 59 175 Field Martin 13 Feb 92% May 19% Feb 10 327a *102 14% 38 7A 145 24% *10% __-_l prior 4 'A 7o Jun 30'A 104 Va Corp 67c Ry 15% 33 % *102 5 25 24% July 27 • *33 100 No par Shirt 3 *3874 *140% 16 Va ...No par com Maracaibo Oil Exploration—l Marathon Corp 6.25 12 10'A 9% Jan Manhattan 16'A *14 14% 387A 145 __„__No par 9% Jun 39% 367a Inc Bros 35% Oct 18% Jnlv 27 100 5 Mahoning Coal RR Co Sugar Co— 19% May 4 32 V4 Sep 28 8% July 25 Apr 13 *38% *140% ; preferred series A Mandel 25 30% Mar Inc Co 147a 10 100 Manati Jan Jun 5 common Square Garden Magma Copper Magnavox Co (The)..: 9 5 16% Mar 7Va Forbes Madison 7% Mar 30 Dec 30 Working Co & Mack Dec Apr Jun Wood preferred... 30 1874 11% M 6'/o Jan 107a 170 M & MacAndrews 12'A Aug Jun Apr 19 4 Feb Jun July Sep 7% Jan 6% 6% Mar 30 10% Jan 510 7 May 4 41% Mar 24 Aug 15% 17 % July 17 143 137 xl374 11 1374 11% 15% 15% 2,300 3,300 230 14 147a 14 14% 4.000 117a 12% 12% 12% 9,700 Regulator— ..1.50 ~ conv . 15% pfd series A 38 38 37% 37% 100 *109 110 109 % 109% — 37 108% 38 109% 367a ♦108 37 3674 3774 6,000 109 109 Va 109'/a 460 17 18 The Commercial and Financial Chronicle (1450) Range Since Jan. 1 Year 1949 % Jun Jan Lowest Highest $ per share 66 104 $ per Sep 26 108% Jan 14% 9% July 12 Jan 15% Jan 9 67 % Jun 80 Feb 16*4 Jun 22% Minn Min Mfg common—No par preferred No par $4 Minneapolis-Moline 67 July 19 81 Jan 6 $5.50 1st Nov 16 Jun 22% Oct 4 $1.50 2nd 27% July 26 46% Jan 25 27 34% Mar 20 common—1 Co 100 preferred preferred- conv 25 Minnesota Power & Light Co.No par 38% Jun 54% Jan Mission Corp — Jun 10% Oct 9% Jan 3 67% Sep 13% Sep 22 7% 22 Mission Development Co— 3*4 Jun Jan 4% Jan 3 8% Oct 6 15% Jun 25% Mar 21% Jan 3 47% Oct 6 4% Feb 10 6 3% Aug 25 5*4 Jun 9 35 Aug 30 Jan Apr 4 tMissouri Mohawk 6 Dec 11% Jan 13 15% Jun 21 *4 Jan 26% Nov 24% Jan 13 45% Jan 57% Dec 54 30% Aug 29 70% Jun 12 103% Jun 10 Jan July 26 14% 111% Jun 27 Dec 10% Jun 30 19% July 13 2 121% Jun 13% Feb 3 Pac series RR 100 A 5% Carpet No par com pfd_100 conv Mills Tool——No par Monsanto Chemical Co common. 5 30 63% Monarch $4 Co Inc Machine pfd conv series Montana-Dakota Montana No par B Co Morrell 11 Motorola 16% Jun 27% Dec 23% Jan 3 15 % Jun 23% Dec 11% Jun 17% Jan 20% July 17 13% Mar 25 x9% 9 Jun Dec 38% 108% Oct 14% '11 Feb 10 Motor 26% Oct 5 Motor 18% Oct 3 Mueller 13 9 Jun 29 13% Oct 5 29 52% Mar 7 Murphy Mar 17 4% % 108% July 12 19 May 24 113 15% Dec 15 Jan 13 23% Aug 30 39 Oct 36% Jan 13 51 J an 43 Jan 13 52% Aug 53% Jun Jun 17% Deo July 13 22 22 Jun 32% Dec 32 Jan 3 17% Jun 24% Dec 23 5 Jan 9% Apr 30% Mar 41 July Mullins (F Ej 1,800 64% 64% 13% 12% 13 7% 7% 7% 7% 15,200 44% 45% 44% 45% 35,800 3,700 8% 8% 3,200 39% 39% 39% 700 14% 14% 14% 29% 29% 30 30 62% 63 62% 62% 1^8/8 H8 4 30 63% 0117*4 119 11% 11% 8% 39% *14% ►117*4 119 *117% 8 700 700 7.600 300 119 64 65% 65 65% 21.500 14% 14*4 14% 14% 14% 14% 14% 17 52% No par 17*4 17*4 54% 55% -«5 18 .1 26% 36% 26% 18 37*4 *26% No par > 17% 38 17*4 *13*4 13% 13 48% 48% 100 America *109% 48 *109% 20*4 20% 10 com 17'A 16% 1 5 __1 , common—! C) preferred Myers 64% 13 14% Inc 12 64 14% Co (G Murray Corp of 4% preferred 64% 13 7% 45/4 8% 39% 14% 29 63% 14% 5 Co_— 30 29% 64% 12 4 7% 44/4 8 39% *14% 29 62% 65 No par Mfg Corp Co 28% 66 9,500 Corp Corp.— Munsingwear Jun DAY 29 2.600 Lines & Brass 1.900 12% 3 Wheel 29% 22% Products 44 Dec 112% Mar Jun 42% Aug 24 700 29 Va CLOSED 12 Va Inc 12% Jan Jan Jan 50% (John; 22% COLUMBUS 23 22 Va Co Montgomery Ward & Co 18 "22 Va 29% 29 12% Moore-McCormick 56% Oct *22% 22% 9 20% Jan 22% 330 11% 7 22 22% 77% 22 % 66% Oct 16% Aug 22 22% 20 77% ■ 10.900 22 A 65% 15% Aug 23% Jan EXCHANGE 14% 22 64% 27 Dec 77% *77 14% 22% 66% 49% July 13 Jan STOCK 22% 64% 12% Jun 23 14% 11% 59% Mar 26% 14% 22% 66% 13% Jun 106 14% 1.500 120 106 11% Jun Jun 63% 119 120 106 % 118 22*4 Jan 16% 30 . Shares t per share $ per share 119% 14 13*4 7% 46% 8*4 41 14% the Week 5 10% 14 119 14% $ per share Sales for Friday Oct. 13 Oct. 12 *105% 76% 65 12% 7% 43% 8% 40% 14% *29% 63 Thursday (The)—No par Utilities Power 8% 41 *14% Hosiery 47% Dec 41 20 47% Monday, October 16, 1950 106% 119% 76% 29 13% 8 Oct. 11 *105% 22% 66 13% 7% 46% 8% Wednesday 106 106 14% 15% 76% 77 29% 66 5 —1.25 Mojud 12 23% May 11 RR preferred 10% Mar 20 12% Dec 7% 41% Oct Jun 113 Mo-Kan-Texas *29% 10 __ . PRICES SALE share 119 119% 119% 119% 119% *105% 106% 14% 15 77% 77% *22% 22% & $ per f per share t per share Par 5 Dec 108 Jun $ per share 128% May 20 HIGH Oct. JO Oct. 9 Oct. 7 AND Tuesday Monday Saturday STOCK YORK EXCHANGE July 26 94 104 10 Ve NEW Highest $ per share share Dec 101 LOW STOCKS Range for Previous Lowest . RECORD STOCK YORK NEW . 111 20% 3.600 1,500 17% 17 17 16 *4 16% 17 17 55% 37*4 53 54% 53% 56% 54% 56% 32,500 36% 36% 36% 4.400 26% 26*4 36*4 26*4 36% 26% 26*4 26% 26% 1.000 17% 17% 17% 17 17% 17% 17% 2.700 16% 16% 16% 7,200 36 16% 13 48 *109% 20% *45% *51 17% 13% 48*4 111 20 % 46 16% 16% 13 48 111 20% 46% 52 *13% 47% 48 109% 20 '/a 1.400 3,000 109% *109 109% 13% 49 13% 13% 48 10 20% 20% 20% 6,900 *46 46% *45% 46% 100 *50 52 *50 % 52 *46 47 46 No par "50% 52 *51 8 — 21 % 21 'A 20% 21 % 20% 20% 20% 20% 20% 100 45'A 45% 44% 28% 45 45% 46 46% 28% 9% 28 28 Va 28 28 3,500 10% 10 10*4 6,800 19% 44% 28% 9% 18% 45 9% 18% 44% 28% 10Va 19% 19 19 17 16% 16%, *16% 16% 16% 16% *16% 36% 35% 36% 35 Va 36% *180% 181% *180% 181% 350 7% 7% 7% 7% 3,100 41% 2,900 50 . & Bros— 52 N 10% 16 National Acme 10% Oct National 13% Dec Jan 13 40% Deo 31'A July 12 170'A Mar 185% Sep 175'% Jun 30 Dec 6 23 May 27 National 18% Aug 1 39% Jan 17 National Aviation National Biscuit 1 5% July 13 31 July 13 186 Jan 9 8% Apr 42% Oct 29 6 7% Automotive Fibres Inc Can National Cash Register Lines Inc Jun 8% Aug 7% July 12 10 Feb 15 National Jun 9% Jan 6% Jun 27 11% Oct 11 National Container Jan 10% Jun 27 13% Oct 13 National Cylinder Gas Deo 36 July 17 48% Oct 6 National Feb 13% 39% Feb 17% Aug 14% Mar 30 19% Sep 25 National 17% Jun 22% Dec 20% July 17 Jun 19% Dec 15 26% Sep 25 22% May 31 National xll% 86% May 95% Dec 94% Jan 11 102 Jun Dec 35 10 53 Oct 4 Sep 178 Dec X150 Apr Jan 183 125 Jan 152% 5% Mar 7% Dec 19% Dec 26 Dec Jun x% Jun 19'A Jan Jan $4,50 July 13 185% Jun 5 Jan 11 157 4 7% Jan 4 9% May 31 25 27,% Oct 13 18 Jan Jan A July 19 22% Jun 29 Oct Feb 28% 15 % Dec 19% May Dec 1 86 Jan 15% Apr 71% Apr 38% Dec 36% July 13 9% Jun 12 % Apr 10'A July 13 9% Jun 13% NOV 7 14% Oct 9 Natl 3 Tea Natomas Jan 13% Mar Jun 14% Dec xl01% Jan 104% 7% Jun 29 $ per share 28 Nehl 17% Feb 10 Neisner Dec 102% Mar 10 11 4%% Feb 7% July 13 106'A Aug 11% Jun Nov 34 July 11 Oct 99 July 18 Dec 102% Deo Jun 42 Co 10% July 25 x99% Sep 5 40 13 Jan 9 105% Feb 16 (The) 13 Va Mar 23 103 Apr New Inc J) England Elec 4% 26% Mar 29 32% July 27 Newport News Ship & Dry Dock 3 38 Jun 13% Jan 24% July 11% Jan Jun 102% Dec 90 Jun 142 Dec 128 Mining Corp Industries common July 4 4%% Oct 13 New 3 17% Oct 13 New 3 188'A Oct 3 N Jun 29 149 Aug 4 19 Jun 6 N Y preferred York Air 13% Jan 20% Jun 30 Dec 28% Mar 29 40 Oct 4 New 48 Feb 61 Dec 56 Jan 26 69% Oct 4 $5 York Chic Dec St 250 Mar 220" Feb 21 246% Apr 19 N Y & 9% Jan 6% Jun 27 13 Oct 13 N Jun 33% Jan 28% Jun 27 41% Oct 13 15% Feb 19 Apr 16% Jun 27 20% Apr 12 21% July 27 95 Jan 9 18% July 13 25% Jun 30 28% Apr 100 Feb 24 Va Mar 5 15 9 29 Jan 85% July 26 91 Mar 29 93 97% Jun 98 J«»n July 28 July 26 9% Jan 4 5 20% July 8% Jun 11% Jan 10% Jan 13 20% 20% 20% *82'% 82% *82% 82% 60 45 % 45% 45% 45% 2.900 1.600 3.000 14 8% 8% 13% 14% 9% I per share 11% '15% *105 *8% *38% *101 11% 15% 106*48% *78% 1 16 'A Monday Oct. 9 $ per 11% 15 % *105 8% 39 38% 100% 16% *78 16% HIGH $ per 11% 83A 38% 101 15% 8% 38% '100 11% 101 8% 8% PRICES 5 share Shares 11% 11 Va 11% 7,400 *14% 15 Va *14% 15% $ per 15 Va 8% 9 % $ per $ per share 9 % STOCK 38% 38% 38% *100% 101 Va CLOSED 38% EXCHANGE 101% 11'A 11% "100% 11% 11% 79% 79% 79% 80 Va 16% 15% 16% 16 Va Haven 80 Va 1,200 16% 5,800 Y State Common $8.75 15% Sep 36% Apr 53% Mar 122.000 171 177 176 177% 2.200 140 143 144 146'A 2,300 14% 14% 14% 14 Va 15 15 15 Va 3.700 39% *37% 39 Va *37% 69% *68 69% *67 17 Va 177 225 16% 170 *200 17 Norfolk Western & 21% Feb 24 North American North American 78% Jan Dec 28% July 26 Dec 17 Jan 27% Oct 8% Feb 11% Dec 10 July 11 Apr 95 Dec 93% Feb 13 Adjustment 17% Va 15% 39 Va *37% 39 Va *37% 39 Va 68 Va *67 68 *67 68% *210 225 % 220 10 11% 11% 11% 11% 12'/a 12 Va 13 26.500 40% 39 Va 39% 39% 41 Va 41 41% 17% 17% 17% 18 Va 5.900 23% 24 23% 24 8,600 224 220 220 11% 40% 40% 40 17% 17% 18 17% 17% 24% 24 % 24% 23% 24 Va *94 96% 96 96 21 21% 20% 21 Va 26% 1 14% 4 Ry *33% 50 25 com 25 *26% 10 preferred 17% Co 1 Aviation ■210 Va 6.500 26% 26% 26% "95 20% 26% 87 Va *94 ♦95 97 20% 21 2674 87% *85'A 88 *93 14.700 27 27 Va 26% 20 21 27% *95 21 Va 95% 97 20% 97 94 *85 Va 5,800 100 88 100 93 93 101 'A 101 Va 101% 101% 220 14 Va 14% 14% 14% 9,200 33% 33% 33% 33% 101 Va 101 Va r-4 © o £ 101% 14% 14% 14% 14% 14% 34 33% 34 34 34 50% 50 50% 27 26% 27 17% 17% 17% 17% 17% 17% 17 Va 17 Va 17% 20.500 14 Va 14% 14 Va 14% 20,000 49% *26 50 27 , 49% *26 50 49% 27 *26 50 ' 1,400 7,600 200 27 Central Ry Northern Natural Gas Northern Pacific 14% 14% 14% 14% 14% 14% 50 *82% 83% *82% 83% *82Va 83% 82 Va 82 10 Co 1 32% 32% 32% 32% 32% 32'A 32 Va 33 32% 33 100 Northern Northern 13 17 15 % 12% 24% Nopco Chemical Co.. 6 16% 16% 17% 100 12 16% Corp— Corp.., 27 Feb 8 17% 170 *67 No par Feb 4,900 *37% No par Electric ■ 143 12 __ Noma 2.100 32% 38 167% *210 A 3.40% 10 32 Va 37'A 14% Mhk Pwr Corp com.No par Class 36% 37 Va ■ 142% 100 preferred Niagara 32 Va 36 *77 81 173 50 A Gas 13 39% Oct & 31% 36 102 19% 106% July 13 Eiec 31% 35 Va 143'A partic stock—1 Shipbldg Corp Y 31% 36 *142% RR Co_100 Hart series N 32 % 36 *77 81 143 % *173 No par Co & 5% 78% 32 90 143% 16% 100 com preferred—No par Harlem RR Y New Preferred 78% 32 % 20 11% 13,500 lfi% *79 81. 81 300 39 101% 79% DAY 16'A 102 85 2 32% *36 3.300 9'A 101 *99 COLUMBUS 101 *99 101'A 400 106% *105 106 Va *104 8% share 80 Va _100 Jun 3 *77 the Week Oct. 13 11% 11% lOGVa Sales for Friday Thursday Oct. 12 Oct. 11 share ♦104 13% 8% Wednesday Tuesday Oct, 10 11 % 15 Va SALE 13% 13% 8% 9 AND share 106 Va 13% 13% 8% 102 80 46 '13% 8% preferred Jan Dec 20% 82% 3.90% 11% 11% Mar 20% *81% 45% 103% Mar 20 31 30% 20% 46'A 88 Va 17% Aug 1 88% May 18 39% Feb 23 20% 20% 81% 45'A 95 Va 28 July 17 25% July 10 15% July 12 Jun 20% 81% 46% *94 43% Jun Jan 31 Co 2.600 21 *87 26 15% 13% 14 1 ft 82% 95 Jan 12 *28% 88% Jan Jun 28% *94 Dec 7 28% *87 28'A 109% Mar 46% 29 100 59% Sep 12.600 47% 29 lOfl 30 107% 1.700 45% 29% preferred preferred Jun Va 600 9,600 29'A 48 29'A 3.60% Sep 84 26% 46% 47% 8 Mar 75% July 26 3 4 ' common N 21% 27% % 29 45% No par Louis Dock non-cum Jun 26 % 27 A 48% 20% 100 Central. & York 21 47% % 26% 46 Va *82 No par 1,100 2.900 % 26% 45% 10 — Brake 20 9% 27% 27 29 preferred series A 100 Y City Omnibus Corp.—No par Jan 14 157% 9% 9*4 26% 48'A 6% 17 14% Jun 26 26 ' Oct Jun 6% *9% 9'/a 26 11% Jan Nov 9% 101 Va Apr 96% *26% 11% 33% Jan % % 27% *100% 35 86 % 27% 11% Jun Va 210 *155% 101% Jun 5% 8.900 156 11% 24% 205 20 51% 183% 26% I % 27*4 *100% 12% 10 100% 51 *99% 26% 1 79 9'A 51% 26% > pfd_100 66 % Mar 14 56 99'A 51 26% System Pr & Lt Co Apr 10% Jan 117% 99% 183 No par 100 com Jan Newport 21,300 156 12.50 preferred Newmont 27,300 17% 183 100 Dec 2 2.900 26 17 158 1 Dec 21 18 25% 17% 183 common 14% 17% Sep 17% 25% 182 LOW 72% 82 % Oct 18 17 *155 Oct. 7 67% 6 17% 9 Va Saturday Apr 26 51% 50% 2.900 10,300 25% 157 STOCK Feb 58 48 182 1 65 S'/a 47% 9% Co Inc New Jersey 13 48*4 157 10 Fibre (J 47 182 100 YORK Co 13% 9% Pa com___10 preferred 3%% 13 158 1 Newberry 46,200 13 183 Corp Nesco 5,000 11% 12% 8% *9% No par CO— jtsros 8% 11 *156% Par 12% Feb Mar 94 Ref $ per share 1 13 39'A x 18 100 52% 8% 11% *182 EXCHANGE 8% Aug 11 % Jan 50% 1.100 10,000 8% 1 No par NEW 14% Jan 1023A Jan 8*4 *99% 41% 42 6,400 17 10% 9 10% 12% 100 Corp Co Highest 14% Mar 93% 51% 41% 410 19% 19 *182 Corp.—_No par Corp.— —10 Vulcanized 18% 100 7% 42% 19 Va 100 Service preferred 11% Jan Lowest S per share 9% 12% 51% Supply 4'A % National Range Since Jan. 1 Highest $ per share *99% 10 STOCKS Year 1919 Lowest 17% No par common National 2 Sep Range for Previous 1 18% 26% Natl 15 27 July 13 18% x25% 17% Sugar 21% Oct 48% 18% National 47 46% 13 26% Steel 83% Sep 10% 12% 9% 28,700 20% 46% 47% 18% 18% 25% 26 17% 17% *99% 100 9% 9 10% 12% 182 7% 41'A 8% 10% 12% 42% 42 18% Shares 4 7% 26% National 27 7% 48% 1 National 9 Dec Linen 183% 5 preferred A preferred B 6% National 42% 35% 180% 36% 36 182% No par Stores- com 6 29% Oct Jan 48 4 26 21% x80 12% No par - Co 9% 10% 24 U Jan 27% Oct 49 % Aug Mar 22 7 % Lead *9% Co Prod preferred 8% 10% Malleable & Steel Cast—No par Natl Power & Lt ex-dist No par 35% Mar 31 21% Distillers Gypsum Co National 7% 42% Co Department National 7 38% 25% 169% 14 July 25 36% 181 No par 1 Dairy Products 27% "12 36 181 1 5% Jun 19% *16% 10 5 9% 1 10 Corp City 10'A 100 common preferred National 28% 10% 5 Corp Co 28% 1 14% July 12 Nov Louis Co 12 7% Mar St Airlines Jan 36% & 28% Aug 17 Jun Jun Corp Chatt 13 Jun Jun Nashville 29 9% 4% 11 Jan 10% 30% 45% Oct Nash-Kelvinator 6% Jun 30% 18 May 20 24% 24% 24% 26% 25% 26% 25% 26% 26% 27% 121,700 11 10% 10% 10.900 96 95% 96 *107% 108 Co Ry States Pwr Co *82 Va Va 83 Va 10 3,200 (Minn)— 10% 10% Common No par 10% 11 10% 15 $3.60 No par 96 96 96 109% Mar 24 $4.80 No par *107 107% 107% 10 11 11% 10% 10% 10% 10% 10% 10% 10% 11% 6.600 18 Va 18% 18 5 8 19 3.000 28% 28% 28 Va 29 410 *13% 14% 14 14 900 Mai 22 97% Jun preferred preferred Jun 27 13 Aug 1 Oct 15'A Jun 26 21% Feb 18 36% Dec 23% Jun 20 32% Mar 28 Northwestern 14% Oct 12% Jun 29 16% Jan Norwich 17 Northwest 4.6% Airlines Inc common preferred Telegraph 10% ^ Co 25 *18% 19 18% 18% 18% 18% 50 * Pharmacal 108 *29 29% 29 29 28% 29 14% 13% 14 % 13% 14% 30% 30% 14% 2.50 10% 95 *107'A 95% 95 95% 108 108 750 170 108 O Jan 27% 99% Jan 33 May lib" 35% May 26 A Oct 13 Dec 28% July 12 A Oct 13 106 July 28 95% July 18 23'A May 33% Jan 26% Feb 14 41 % Oct 13 17% Jan 19% Dec 18% Oct 9 20 Jun 31% Jan 19% July 11 Nov 99 Jan 90 91 For footnotes see page 22. July 8 112% Mar 100 9 Jun 22 40% Oct 6 43% Sep 29 20 Jan 9 27% Jan 10 101% Oct 5 8 common 30% 30% *108% 109% 30'A 30 Va 30% 30% 15.900 18 Ohio Edison Co A 40,400 109 109% 109% 109 Va 109% 99 98 Va 98 Va 98 Va 98% 39% 40 Va 39% 40 41% 41% 30Va 30 Rights 4.40% 3.90 Ohio preferred preferred Oil 100 Co— Oklahoma 4% 100 Gas No par & 4Va% Corp Co 99 98% 98Va' 109 *98Va 40% 39% 40%' com__20 *42 42% 42% 42% 39Va x41% 40 42% 19 19 18% 18% *18% 19 25% 25"% 25% 26 common convertible *98% 108% 109% 20 Elec preferred Oliver , preferred .1 100 40% *99 100 98% 99 25% 99% 25% 100 *18% 25% X100 41% *18% 19 25% 100 i. '-T. 41% 19 210 240 12,100 1.600 200 25% 25% 7.100 99% 99% 370 Number 4951 Vtrtume 172 .. The Commercial and Financial Chronicle . (1451) YORK NEW Range Since Jan. 1 Year 1949 Lowest Highest f-per share X per share Xper share NEW 107/a Dec 10 Va Jan 3 96% Dec 95 Jan 3 18% Aug 22 % Jan 20 V« Jan 2o 28 Jun 40 % Dec 30 11 >4 Jun 16% Dec 79 Jan 72 64% Dec a 57% July 12 14 Jan 11% Apr 1 17% Sep 7% Jan 3 22 49% Jan 27% Sep 42'/« Jun 22 23 Otis 19 Oct 5 Jan 14 11 103 Outlet 10% & 28% 35% 35% Mfg,——.2.50 Glass 30 34% *18Vi No par Owens-Illinois *27 Co ♦74 19 9,800 . 28% *26% 27% 35% 35% 34% 35% < *18% 18% •18% 76 *73% •" 18% *73% 200 76 *74- ' 71% 12.50 71% 72 71 % 72% 5 *16% 17 16% 16% 16% 16% 16% 10 18% 18 % 17% 17% •17% 18% *17% 18 66 •62 66 *38Va 64% 29% *62 39 39 •38 Va 39% *18% 18% 18% 18% 18 18% COLUMBU8 32% DAY 72% 6,000 16% 71% 70% 7,200 18% 18% 76 72% 2/0 102% *26% 35% 71% Shares 12% 11% 102 18% *74 the Week share X per ' 102 76 18% ■ 77% t 35% 35% t per share - 11% Sales (or Friday Oct. 13 Oct. 12 share 102 103 »27% No par Marine ♦26% X per 11% 11% ♦101 30 10 Co 11 11 102 102 </. Thursday ,, Oct. 11 X per share X per share 11 103 Elevator Outboard 73% May I9 t per share . 5 PRICES Wednesday Tuesday Oct. 10 Oct. 9 A__100 common preferred Collins Oppenhelm 82 2 (The) Corp convertible 8% SALE HIGH AND Monday Oct. 7 Par Omnibus 15 Apr 21 104% Jun 7 July 26 14% July 10 Aug Saturday X per share Feb t'4% July LOW STOCK YORK EXCHANGE Highest 79% July c% RECORD STOCKS Range for Previous Lowest STOCK 19 P 11 % Mar Pacific Nov 10% Jan 51 Sep 71 Apr 49 29 Aug 40 Jan 27% July 11 43 Sep 27 18 Feb 21% Nov 15 % 23 Feb 4 7% July 12 July 27 30% Jan 34 Sep 30% July 26 5-0 Jun 54 Jan 48 27% Jun 34% July 69 Feb Jan 135 2% 104% 148 Dec 4% Jun . Jun 3% Jun Jan 10% Gas Lighting Phcific 152 Jan 3% Jun 29 8 Jun 27 11 Feb Jun 22 Oct 18% Apr 17 22% Oct 36 Dec 38% Dec 34% Jan 13 Jun 104% 8% Apr 15% Jun 102 Dec Jun 107 Aug 15 5% Feb 20% Dec 13% July 17 Dec 104% Jan 97% Mar 17% Oct 22% Dec 17% Feb 37 Aug 47% Oct 38 101 Packard Pan 2% Sep 13 Park 22 Parke 29 Dec 26% July 11 5% Aug 8 4 Jan ■ 9% Jan 5% Apr 17 -14% July 11 7%' Aug 10 8 19%, Aug 10 5% July 31 38 Va Mar 17 Penlck 67% Oct 19%, Jan 15% Apr 37% Dec 31 42 % Jan 57 Dec 7% Jun 10% Feb 53% Apr 7% Apr 17% Feb 26 %- Dec • Dec 23% - - 25 2 35 Dec Jun 111 Mar Xl06% Jun 9 Dec 21% Jan 6 Penn 1 10 38 July 25 Oct 11 Penn 13% Nov 17% Jan 14% Jun 27 Jun 45% Nov •41% Feb 20 52 29 Jan 37% Dec 96% Feb 137 Dec 7% May 13 Dec v. 22% ,x8 Nov 12 Apr 21 Mar 35 Dec 1C2 Jan Dec 108 103 9% Jun 13% Nov 19 % July 12 25 40% Jun 57% Dec 51% Jan 75% May 36% Jun 53% Jan 44% Mar 27 58 Oct 56 x48% Mar 11% Jan 16 % Oct 13 25 Jan 20% Jan 24% Nov 23% July 20 Jun 26% May 8 23% July 18 & Co Inc (Chas) Pfizer 1 27% May 26 26% Mar 17 $1 conv preference com Apr 117 113 % Aug 17 116% Mar 23 4.4% preferred 98 Jan 104% Dec 102% Sep 22 106% Jun 9 3.8% preferred 105 Apr 110% Sep 106% Apr 18 110% Feb 24 4.3% preferred 110% Sep X per S per share share Jun 19% Jan 22% Jun 40% Jan 79% Nov 88% Feb 84 % Jan 37% Jan 55% Dec 46 18 16% Oct 3 54% Apr 21 4 July 17 96 % May Philco Jan 105 Dec 10% Feb 14 Dec 87% Aug 51% Jun 102% July 17 100% Aug 15 93% 3%% 3 103 Sep Feb 3 94% Jan 13 4 26 Dec 91% Aug 8 64 Apr 57% Jan 27 76% Oct 6 Sep 11 Mar 9 % Mar 31 16% Apr 24 Jun 7 % 32% Aug Jan 105% Apr 95% 30 Jun 8 101% Sep 21 16% Oct 100% Aug 6 97 17 Jun 17% Sep 110 Oct 5 20 Dec Jan 14% Mar 79 Jun 88 Dec 86 24% Jun 32 Jan 24'/8 July 10% Jun 16% Jan 14% July 17 19 % Aug 18 Feb Mar 17 3 Oct 13 93% Oct 3 36 % Oct 4 142 Jan 155 Nov 148 Mar 1 155 Mar 21 156% Jun 170 Jan 163 Mar 22 171 Oct 28% Jun 37% Dec 6% Jun 8% Jan 7 30% July 17 Mar 30 10% July 17 135 40% Oct 9 Sep 3 7 25 12% July 27 July 17 179 Aug 29 Jan 3 109 Oct 7 Jan 4 87 Oct 7 61% July 25 75 Apr 175 May 140 64% Nov 88 Jan 71 55 71% Jan 61 Nov 14% Jun 135% Dec 25% 147 Dec Feb 19% Jun 135% Jan 30 29 13 145 Sep 6 Sep 1 May 16 Xl9 % Jun 29 Apr 26% Oct 9 8% Feb 12% Nov 9% Sep 20 12% Apr lo .36% Feb 50% Apr 38% Feb 14 54 % Oct 7 Mar 44% Sep 38% Jan 16 52 Aug 31 Jun 13% Oct 11% Jun 27 16 Oct 32 8% 12% 15% Nov 8% Apr Jan 19 July 28 July 25 7% Mar 23 13 16% Mar 13 8 25 preferred Pitney-Bowes Inc Forgings Co ——1 Pitts Ft Wayne & Chic Ry com..100 7% gtd preferred 100 Pittsburgh Plate Glass Co —10 Pittsburgh Screw <fc Bolt No par Pittsburgh Steel Co com.,.—No par 7% preferred class B 100 5% preferred class A 100 5% % 1st ser conv prior pfd—100 5%% 1st series prior pfd std Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Plttston Co (The) 1 Plough 5 5 Inc Plymouth Oil Co Pond Poor Pocahontas—.: Creek <fc Co Potomac class B Electric Power Co 1 No par 10 45 % Oct 7 6 109% Jan 10 A Jun 30% Dec 25% July 18 34% Jan 30 Inc com 1 preferred series A..50 Procter & Gamble No par Publicker Industries Inc com 5 $4.75 cum preferred No par Public Serv Co of Cqlo 10 Public Serv Co of Indiana_.No par 4.64% preferred 100 3%% preferred — 100 Pub Serv El & Gas com No par $1.40 div preference com—No par 4.08% preferred -.100 Pullman Inc No par Pure Oil (The) common No par 5% conv preferred 100 Purity Bakeries Corp No par 15% Jun 20Va Jan 18% Jan 4 23% Aug 24 Quaker State Oil Refining Corp„ 10 9% Jun 66% Jun 14% 74% Jan Jan 12% Jan 3 73% Jan 13 23% Apr 18 79% Apr 19 Jun 32 14% Jun 79% Dec Oct 22 Mar Feb 90 Va Mar ■ —_ — 13% Oct 13 27 July 3 35% Oct 13 56 4% 21 Mar 22 69 % Sep 5 27 22% Oct 11 13% Jun Jan 4 21% Jun 30 80 90 24% July 12 30 July 18 86% Jan 26 123 117 % Jan 25% Dec 21 July 13 Jun IK 29% Dec 25% Aug 16 Nov 105% Dec 103% July 27 a Feb a Jun Jan 37 33% 109 31% Jun 30 Oct 26% Feb 27 July 107% Oct Apr Oct 7 28% May 31 Apr Apr 90% Jun 26% Feb 30% Feb 107% Mar 42% Oct 14 28 23 8 2 9 13 Pressed Steel Car Co 4%% conv £*SS 23% Jun n 1/. CI/. An. T„i„io For footnotes see Dec page Wov, •} uSS&i3. 10K 29'A OS/. 27 22. July 13 33% Oct 10 2% 2% V-. 2% 40% 30% ♦43 40% 31% 20%" 2% 40% 30% 8 7% 12% 2% 40% 30% • 30% V : 7% ' •7% '; 500 7% ♦18% 5,600 13% 7% 64% 65 64'A 64% 64 % 64% 84%; 10% 10% 24'/a 23% 24% 38 36 36%V ■i * , 10 24% *34% - 34% 119 . 16 % 10 Va 1 35 - 21 107 10% 109 '107 10% •>' : 25 38 • 1,500 « 1. 5,300 10% 10% 23% 38 - 800 18% 23 % /a 38 ♦107 • 109 24% / 10 Va % 36 . •107 25% 24% 10% % 36 2.000 10,200 1,400! 63 19 4,700 V - 8 Va 13% 38 109 < • 2,200 3,000 1,000 109 ♦107 24% 25 25 25% 20 6,800 1 19% 20 19% 19% 19% 20% 20% 68,600 50% 50% 49 50% 49 Va 49% *48% 49% 1,000 *33% 34% 34 33% 33 Va 33% 33% 200 118 117% 118 119 119% 2,000 16% 17 17 *33% 118 119 118 16% 15% 10% 10% 10% 15% 15% 10% 10% 10% 17 9% 10% *33% 34% 33% 33% *33% 34 Va ♦104% 105 % ♦104% 105% ♦104% 105% ♦104% 15% 16% 16 % 16% 16% 16% 16% 16% 1,600 159,300 105 % 34 34 200 2,400 20% 21% 20% 20% 20% 21% 21% 21Va 70 70% 69% 69% 69% 69% 69 % .69% 3,000 58% 59% 57% 58% 57% 58% 53 10,200 58% 58% 58% 58% 58% 58% «■ ,58% 58% 25% 25% 25% 25% 25% 25% 25% 25 25 Va 24% 25% *25 106% 107 Monday Oct. 9 AND 114% ♦102% 103% •106% 107 HIGH Tuesday SALE 58% 25% 2,900 1,110 2,600 113% 113% 120 103% 103% 200 ♦106% 107 50 PRICES Wednesday Oct. 11 Oct. 10 $ per share 4,000 25% 25% *25 114% 103% 107 *102% 103% 107 114 114 114 114 *102% Thursday Friday Oct. 12 X per share Oat. 13 X per share Sales far the Week I per share X per 15% 49% 15% 16% 15% 16 15% 16 15% 16 31,000 46 Va 48% 46 % 47% 46% 48% 46% 47% 18,000 93% 93% 93 93 Va 93 93% 93 93'A 520 54% 55% 55 Va 55% 55% 55% 56 56% 12,300 *104% 105 Va 100 *101 103% 100 18% *150 *109 18% 156 172'/a 40% 40% 8% 8% 14% 14% *107 200 108% 109 87 87 "73% 73% *27 27% *138 146 share *104% 106 ♦101 ♦19 *93 75% 105 lOo *UHj/4 I0u'/a STOCK 102% 101 % 101% *101 102% EXCHANGE 19% *1R% -19% *1 95 *93 95 ♦93 76% '< o Va io'A 8 % 74% *13% 13% 13% 1*% 14% 32% 32% ♦31% 32 V# 39 102% 102% 16% ♦108 18% *91% 35% 18% 17 120 19% 94 35% 18% 102 16% ♦108 18% ♦91% 34% 18% 102% *101% 16% *16% 120 19'A 94 35% 18% *151 156 *151 156 ♦169 172% ♦169 172% *108 18% ♦91% 35 1o:i4 X per share CLOSED *18% 7 0 Va 95 COLUMBUS 75% 75% 8,700 DAY 14% 14% 600 32 Va 14% 32% 32 102% 102 17 16% 120 *103 19% 94 19 19 156 *151 170 170 ~30 13,600 39% 38% 39% 38% 8% 8% 8% 8% 8% 14% 109 *85 86% 14 Va 14% ♦1G8 108 108 85% 86% 86 86 74 73% 73% 26'A 26% 26 *73 26% 26% 26 26% 14% 200 108 73% 146 14% *168 108% 73% ♦138 14% 107% *167 *138 25% 200 146 26% ♦138 26 2,800 39 38% 8% 200 5,600 19% 156 170 40% 14 86 *73 8% 14% 103% 86 250 26% 27 600 *138 146 180 27 % 146 26% 25% 25% 10% 54 Va 10% 10% 10% 11 11 11 10% 11 51% 54% 51% 53 % 51% 53 52 52%" 49% 49 49 48% 42% 42% 44% 45 % *107% 103 530 73% 10% 53 /a *104'A 105 % 13,500 26,200 200 25% »49 50 15% 15% 13% 13% 11% 11% 34Va 34Va 67% 67% 21% 21% 88% 90 26% 26% 27'A 27% 118 118 *89 % 90 22% 22% *27 27% 10,600 35% 169% 8'A 107 90 1,000 113 20 35 Va 39% *167 16% 19 Va 35% 300 102 *91% 94 ♦151 18% Shares 19% *93 95 26% 10,200 2,200 11,600 500 48% 43% 48% 15% 15% 15 Va 15% 15% 15% 15% 16 4,200 13% 13% 13% 13% 13% 13% 13% 13% 6,900 79,400 ♦49 11% 12% 12 Va 12% 12% 13% 13 V. 13% 34 Vs 35 34% 34% 34% 35 35 35% 67 67% 67 Va 67 Va 67% 67% 67% 67% 20% 21% 20% 21% 21 22% 31% 22 *89% 90% *89% 90% 90 90 90 90 26'A 26 % X25 Va 26 25% 25% 25% 25% 3,400 27% 27% 26% 27% 27 27% 26% 27 4,700 118% 118% 119% 2,100 4,900 32,700 330 380 119% 119% 119% 118% *89% 90% 89% 89% *89% 90% *39'A 22% 22% 22% 22% 22% 22% 22% 22% 13,200 27 27% 27 27% 27 27% 27 Va 27% 8,500 105% 105% 119 105% 105 % ♦104% 105 105% 10 90 110 105 42 42% 41 42 41 42 42 42% 9,200 43% 45% 43% 44 43% 43% 43 Va 44'A 23,200 *107% 108 107% 107% 107% 107% 300 30% 1,200 2j% 23% 700 18% 13% 76,4 76 ,4 6 b/a 94,100 1,200 lo,3UU » •*. 1W0 *107% 108% 31 % 30% 30% *23% 23% 23% 23% 23% 23% ♦23,A 23% Radio Corp of America com__No par , $3.50 1st preferred—No par 1 18% -./76% 8 19% 76% 8Va 18% 19% 76 76 ,4 7% 8Va 18% 18% 77 77 7% 7% 18% 19 76,4 77 8 8 No par ...j* *33'A 33% 33 ,4 33,4 30 30% 30 30% . 30 ' , Corn Parlin-TOH.h-Ornheum Raybestos-Manhattan 400 2% ■ • 100 9,500 44 ' 13% 7 7% 10,300 ' ,k: •; 20% 40% " • 8 7% 12 17 99- *97% *30% R T.,_ 43% 16% 99 64 % 10% 64% *108 120 18% 18% *92% 94 35% 35% Pittsburgh 43% *97% 34 % 102/a 104 *6/" 1</b No par : 2 Pitts C C & St Louis RR— 100 Pitts Coke & Chem Co com_.No par $5 convertible preferred—_No par Pitts Consolidation Coal Co 1 $4 9 26 11 11% July 14 5 Hosiery Pillsbury Mills Inc common 94 100% 100 No par 100 No par com Jones Phoenix 34% Mar 23 106 Corp 5% preferred Phillips Petroleum Phillips 200 15,500 7% 34 93'A 93'A 55 55 Va *104% 106 *101 102 Va *19 20 *93 94Va 76 76% *13% 14 *3!% 32% 100 100 preferred 3.90% series preferred 9 Jan preferred series A 4% 6 20 14 3 common 43% 8 7% 18% 15% 48% Philip Morris & Co Ltd common.—5 57% Mar 17 106'/a Sep Corp 20% 11%- ' » - 34% Saturday 1 20%, - 8 Oct. 7 Coal & Iron 103%'. 18% *105 STOCK 6C0 5,7001 f 41% 103% : 34% 70% 70% 58 Va 58% 58% 59 25% 25% *25 25 Va *114 115 *102% 103Va Par Phila & Reading 9 :• LOW $ per share $ per share 11% Apr 32% Jan YORK l ' "34% EXCHANGE Lowest Highest 11% NEW Range Since Jan. 1 Highest Year 1949 . 34% 21 No par 100 i—100 100 ■ 17% 21% 31 31% STOCKS Range for Previous Lowest 5 5 1 17% 17% 99 40% 2% *104% 105 % 16 Va 16 Va Phelps-Dodge Corp —25 Philadelphia Co 6% preferred 50 Phila Electric Co common No par 60% Sep 18 60% Aug 18 5 23% Jun of America Pfeiffer Brewing Co Corp Petroleum 7 ,60'J ' 30,200 *40% ■ 19 10% j—100 7% 3 4% 22 Va 19 *34 No par preferred 4Va lo 6 Jan 107 July 12 Pet Milk Co common 40% 103% 1,000 9% 22% 35 119 33 VaC Co Pepsi-Cola 6 40 % 10b % - ; 9% - 18% 16% 4 4 f •34% 100 Mar 49% 4% 20% - 7% Peoria & Eastern. Ry Co 37% Feb July 13 49% 5.000 ' 3% 9% 22 22 8 ♦42 7% 3% - - 180 149* 7% 19 *33% 12 IVa July 12 28 No par 49 Va . 1,960 102% •148 3% 9% ' 102% 149 17% , 40% *107 109 * 24% ? 25% 19% 20 50 Va 50 Va ——100 2,700 102% 34%. '34% » < 2 500 46% 98 44 8 7,900 51 % ' 18 2% 32 32% 4 40% 7% 21% 40 Va 900 46 *48% • 104'A 100 20% 2% 7% *18% —5 100 11 17% •99 10 18'A 51% 7% 39% 30 18% 51% 3% 22% *103% 40% *103% 104% 77/« 8% 170 39% *39 44% *148 • 9% •21% 12% Peoples Drug Stores Inc Peoples Gas Light & Coke Oct - 9% 22 11% 6 May 19 ■4% ♦31% 50 10 • 4 4% 9% 9% 21% 39% < Pennsylvania Salt Mfg Co 17 29 49% - 23 139 July 14 10% Jun ♦48% 50 40% > - 10 —7 RR 3% 8 12 Jun Pennsylvania 3% 32 36% Feb 30% Aug 22 107 .5 "V 25 '■> & Light Co Power 3% 812 .? • No par preferred 5% 149% *31 % <• 5 Corp Co 148 43 44 ~*2% 40% \ - Sand Corp com__No par Glass Penn 109 32 Jun Cement Penn-Dixie • May 9 27% May 24 20% Oct 13 167i (J C) Co Coal & Coke 1 -No par Ford—- 18% 100 V 21V* 421 % 44 No par Coal Co common. conv prior preferred & .18 *99 . 2.50 Co—& Peabody Feb 28 Jun 106 Proof Transportation Patino Mines <k Enterprises— 10% Sep 29 18% July 26 30 20 40% 103% 4% - 21% 103'/a' 103% . 8 8% —No par Penney July 12 9% 102% 49 Va - 4% 9% .40% par 100 .1 1 Mines Co— & Rust Parmelee 7 27% Jan 15 Parker 33% Aug 22 9% Jan Davis Jan 14% Nov • Consolidated Utah Jan "7% preferred—' CorpTilford Distillers Corp Pictures 51V* 21 Va 100 1 Refining convertible 4% Paramount 46% Jun 34% Jan 9 ► 16 Feb Dec - 5 1% Mar 21 2% Jun 25 Park <fc 38% 23-% Mar 6 Feb 11 Jan L com__No • 103% 148 % 3% 149% 4% - Puraffine Cos Inc common—No par Jan 22'/. Oct 46% Jan Jun .—No par • 102% 148% 103 3% 32 1,100 17% 62 102% 44 ■ CLOSED 44% 32 51% 43 Va 51 Airways Inc__—1 Petrol & Transp.._5 Prod Xi 51% 45 3% „10 preferred -—•—:— Panhandle 7 July 20 1% x6 4% 9 51 Va 44 . World Panhandle East Pipe 104 • Corp. Oil 32 Va 51 44 102% *147% 1 Corp Car__ Motor Amer Pan-American 21 6 Western 28 24% ' Mar Consolidated Tin 32 % 51 Va EXCHANGE Va 16% 17% 01 STOCK 16% 51% 32% 32 % 51% 43 Va • 100 -100 Teleg com <fc Pacific 13 8 'A Oct 1 No par Telep »62 32% No par Corp preferred 6% 49% Mar 20 5% & Pacific 28 12 95% 65 '40 18% 18% *63 *39 25 Pacific Mills Apr 4% 8 Pacific Pacific 28 44 Electric 13 21 Jan 36 Oct 29% preferred non-cum No par prefererd non-cum No par Pacific Finance CoTp of Calif 10 111% May 23 29 Inc common 2nd Sep 26 4% Aug 15 51% Sep 13 w4% Jan 11 2% Jun Co 55% Mar 10 142% July 21 Jan Coast 47% Sep 3 98% July 13 Dec Fisheries 1st Sep 27 35% Jun July 26 28% Apr Sep 65 % Amer Pacific 26 1 . •«$ 33 ,a 33/a 33 ,a 33 ,g | 3. ^ 33 <a ' Commercial and Financial Chronicle The 20 . . . Monday, October Iff,' 1950 (1452) Year 1910 Jun 21% Jun 17% Jun 23% Jan 34% 43 Jan 35 Jun Nov Jun Jan 30 28% 36 July Jan 13% Apr 10% Jun 10% Nov 23% Jan 15 15% 11% Jan 16% Oct 12% Mar 30 26% 4% Jan Apr Jan 11 22 Feb 9 28% Jun 22 90 July 8 Feb 11 3 7 1 10% July 17 Dec 62% May 15 93% Aug 22 Aug 20 14% Feb Jan 20 Jan 10% Jan 13 18% Oct 6% May 12% Jun 8% Jan 5% Jan 25 2% Jan 4% 91% 3 July 13 Dec 8% Jun 30 11% Feb Jan 23% Jan 13 41% Oct Jun 10% 13 Oct 29% Oct 4% 4% 34% 13 Feb 100 Jan 3 118% Sep Jan 9 Jan 26 13% Jan 50 85% Jan 102% Jan 108% 13% Jun 21% 24% 7% 10 % 10% 10% 10% 10% 10'A 58 96% 68% 22 15 Jun 19% Dec Nov 61 % 39% Apr 8% Sep Jan 33% Dec 109% Apr 113% Feb 35% May 19 % Feb 23 Feb May 11 48% 12% Jan Jun 43% Dec 114 23% Oct 9 27 18 Oct 6 42'A Jun 30 26 131% Dec 128 Jan Jun 100% Nov 98 Jan 78 6% 13% Jun Apr 12% Jan Dec 98 11'A Oct xl03% July 108 Feb Oct Jun 12% July 12 16 86% Jan 5 92 Mar 40% Oct 20 Jan 3 Dec 60 Jan 3 Jan Sep 16% July 26 16% 36% 56 Feb 5% Dec 47% Jan 25 31 15% Oct 6 Jan 11% Dec 10% Jan Jun 44% Dec 40 Jun 16% Dec 14% July 28 20 9% May 20 Jgn 11 Sep 14% May 31 98% May 17 July 17 Jun 11% Dec Jun 4% 5% Jan 3 8% July 13 101% Feb 90% Mar 13 6% Jun 6'A 77 25 47% 45% Previous 22% 22% 6 % Highest Lowest $ per share $ per share Dec 38% Jan 22% *104 105 *104% 105 Va 18 18% 4,800 21% 3,200 51 20 100 21% 22 V. 21% 213A 21% 21% 53 % 52% 52 % 51 51 52% 51 54% 9% 46% 46% *23 % 17% 16% 55 107 196 140 14 108 % Apr 6 11% Oct 2 ~8% Jun 10% Oct 11% Apr 15% Dec 15% Jan 7 21% Feb 8 34% Jan 25 54% Oct 13 11% July 25 14% Oct 3 Shaller Oct 4 Sheraton 30 Jun 40% Dec _5 Jan ~7 Oct 6% Jan 13 10 4 Shell Oil 112% 19'A 19 'A 19% 19% 6,100 18'A 19% 18% 33 32% 32% 32% 35,300 32 % 33'A 33% 41% 41% 41 % 4174 3,700 41 41 99 99 42% 100 105% 107 30% 31 - 13% 13% *8974 90% *893A 903A 30 90% 39% 38% 39% 39% 40 'A 15,000 1,500 76% 75% 75% 75 % 4,300 17% 17% 17% 17% 17% 17% 177* 71% 72 72 72 'A 71% 73 74% 73% 15 15 1574 15% 1574 53 15% *15 15 157. 14% 52% 53 % 52 V. 53 5174 52% 52 Va 53 18% 18% 18% 18'A 18% 18% 18% 18% 18 Vt *18% 1074 10% 10% 10 VB 10% 107# 10% 10% 10% 10% 10% 10% 9% 10% 9% 12,790 10 10% 10 10% *94% 96 70 95% *94% 10% *94% I per share 33% 33% 337* 33% 33% 9,600 40 40 39% 5,000 40'A 40 40 39 % 107 *106 107 ♦39% 11 13% 13% 10 x9% 9% 9% 9% 3% 3% 3% 3% 3% 3% 5,u00 34 % 13,600 9% 102 88 Aug 145/t Jan 3 Jan 14 20 Jun 17% Oct 16 Feb 107% Dec 106 Jan 14% 7% 47/a Jan 10% Dec Mar 3% 40 Oct 52% Oct Jan . ' 23 24% Oct 4% Sep 11 20 11 Jan 28 53% Apr 7% July 25 14 11 Oct 14% Apr 11% Jun 9 14 26% Feb 40 Nov 36% Jan 3 54 % Aug 30 36% Jan 45 Aug 39% Sep 28 29% Jan 35% Nov 31% July 26 10% Sep 12 Nov 10% July 12 30% July 12 | 19 July 12 Jan 34% 33% 34% 33 33% 32% 33% 38% 38% 38 38 38% 38% 1,000 x29% 30% 29% 30 297b 30% 49,400 64% 65% 3,300 12 Feb 1 36% Jun 12 45 " Southern South 40 Southern 11 Jan 36% 32% Jun 51 Dec 49 Jun 27 62 % Aug 17 Southern 25 Va Jun 41 Jan 32% Feb 11 45% Oct 13 Southern 45% Jun 61 Jan 53% Jun 29 66% Sep 14 56 Nov 66% Feb 58% Jun 28 65 Feb 9 10% July 12 14% Oct 13 4% Jan 3 10% Feb 15 5 5 7% Oct 6 Jun 13% Jan 6 Vb 'Jan 37-b July 574 Oct 53% Dec 73 May 21 Feb 26 22% Jun Jan 3 Oct 20% Jun 26 29% Mar 25% Jan 3 Jun 10% Mar Jan 6% 64 71% Apr 18% Dec 37% Dec 13% Jun 23% Feb 100 Apr Apr Dec 107 GO 8% Mar 30 66'A Aug 1 15% July 5 29% July 26 106 % Jan 17% Apr 22% Nov 20 82 Jun 92 Dec 89% Jan 18% Jan 52% Dec 47% Jan 98% Jan 25 July 13 31 4% July 13 109 Jan Dec 143 159% For footnotes see Dec page 121 136 22. 3 July 13 July 13 79 Oct 25% Sep 32 5 14 Gas & 65 31 32% 31% 32% 5,000 33% 34 33% 33% 2,000 35% 33% 20% 21 20% 21 21% 21% 2,900 25 5 *78 20% 20'A 19% 20% 19% 24 24% 23% 24 % 23 % 113 % 112% 113% 111% 4 % 4% 4 % ♦112 - 4% 8% 8 92 89 % *89% 91 20 19% 19% 24% 23% 24 111% 111% 4 % 4% 4 8% 8 112% 8 8% 8 53 *51 % 12 12% 12 12% 12 12 *12 12% 48 48% 49 49 % 48% 49% 49 49 % 41 % *51% 53 ... *51% 53 ♦51% 53 *41% 42% 41% 41 V'2 *41 % 43% 41% 33% 33'A 33 % 33% 33% 33% 33% 33% 11% 11% - 20% 20% 20% 36% 36% 36% 36% 3,500 60% 60% i23,300 61% 45% 457a 28,800 66% 66 % 60 % 59% 60% 44% 44% 45% 64% 65 66% 64 % 64% 63% 63 63 64 64 13% 13% 14% 1 No par Spencer Kellogg & Sons $7 43% (The)- - 1 1 __2 No par 5 Co (E. R) & Sons common 1 preferred No par preferred & Elec Co prior preferred 13% Inc 1 No par & Bros Co common $5.50 preferred Gas 47,500 20 % 64% preference $6 prior preferred 6.30G 11 % 36% 43% $4 33 % 11% 20% 60% $3.50 200 33% 36% 6478 Stand 1,400 5,200 41% 20% 43% Inc 12% 50 11% 61 Brands 52% 20% 64% Standard 14,500 11% 43 D 2,500 8'/a 36% 60 $4 700 4% 11% Co„_ (AG) 1,100 62,700 36% Pacific Sparks Withington 49% *41 19% 24% 112 20 % Railway Spear & Co % 12% *51% 6474 Spalding 19% 23% *111% 4% 4 8% 8 79% *78 36% Squibb Mar 22 92 92 44 Square Mar 22 79% *89% 60% 9 8% Aug 11 *89% *78 79% 11% Inc common $4.50 preferred 77% Mar 27 79% *78 *78 20'A Conv 96% May 24 92 *90 21% 36% Spiegel 6 79% 21% 11% 26 Aug 18 21% 21% *64% 3 174 64% 31 33% No par 20% Oct 160 65 30 % 35 20% Sep 25 24% May 64% 31% 34 7.50 Co Gas Corp Mar 65% 30% common—No par 5% non-cum preferred 100 Mobile & Ohio stk tr ctfs 100 40 1G9 64% 31% Elec__No par Natural Sperry July 31 12% Sep 85 66% 31% 11% (The) Co Indiana 28% 3% May 31% 66% 25 Edison California Nov 10% 30'A Greyhound Lines com_No par preferred 8% Southern 23% May 25 Apr 38% 31% Porto Rico Sugar South 13% Mar 16 . 39 25 50 5 preferred 5,400 "31 Typewrlters_No par Oil Co Inc 15 Solvay American Corp 4% pfd—100 South Amer Gold & Platinum _1 South Carolina E & G Co com_4.50 5% 9% 3 9'A Corp Southeastern 9% 33% ♦38% Vacuum Socony DAY 34% Smith & Corona 7 118% May 24 3% Jun 29 51% Jan Feb 22% May 26 4 COLUMBUS 3% Mar 17% 13% 3% Jan 100% Mar 53 13% 3% 33% Jun 13% 9% 10 > 52 3% 34% •97% July - 13% •13% 10 Smith (A) & Sons Cpt Co corn—20 3 % % preferred 100 4.20% preferred 100 Jan 3,600 52% 13% 36 % May 29 10% 10,000 13% 51% 28% July 13 95% 200 5474 13% 21% 52 V. Dec 83% May . 21% 21% 20 8 100 1,500 21% 51% Skelly Oil Co Sloss-5neffield Steel 12 CLOSED *21% 70% Aug 11 32% Oct 11 88 EXCHANGE 2174 52 3 July 19 10% 22 20% Jan 77 10% *21% 10% 51% Dec 17% July 13 10% *10% 52% 10% 10% 106 xl06 *21% Sep Feb STOCK 21 % 24% Jan 10% 11 . *106 107% ♦106 107 *106 22% 88% 26,900 33% 40 Jun 31% 28'/8 S per share 3 4'A Jun Nov Shares 277s share 39% 16% 21 */b t per share 27% $ per $ per 32% 18% 25 28 27% Simonds Jun the Week 13 28% 9 19 Oct. 27% share 27% Oct. n Sales for Friday Thursday 34% 39% Oct O) Oct. 11 34 29% Mar 21 (A SALE PRICES 2,900 28 Jan Smith 95 3,900 28% 36% - t per 95 Wednesday Oct. 10 I per share Oct Iron HIGH AND Tuesday Monday Oct. 9 May & 95% *94% 95 Va Oct. 7 No par No par No par Corp 1,900 2,800 19,700 52% 28 Oil 7574 75% 75% 17% 73 22 Sinclair 75% 76% 17% 74% Simmons 14 4,000 13% 7 31% Sep 14 VB 39 9 15 140 112 112 *8974 34% Oct 52% July 13 13% 112% 1374 2% Mar 31 21% Feb 13% ♦111% 40% 24% July 12 Steel 112% *93% 112% 9074 Jan & •111% 94'A 112% 20 96 13% Nov Saw *93%, 38% 4% Co 95 % *897. 27% May 29% 14% Jun 2% 29% *93 % 94'A 3,000 30 29% 17% 15 1 1 5 . 30% 107'A 90% Saturday Mines 107'A *75 % new Coalition 107 190 98 98 99 *106 40% « Corp of America—1 *98 105% 30 LOW Corp Mfg 10 >95 95 95% •95 73,800 90% Silvtr King 95% *95 95;% • 11% 1074 10% 10% 20 140 39% *13% .5 1 Corp 10% 10% 10% 5,600 192 *125 140 *125 *93% 95 ♦94 *111% *185 140 *105% 31% 31% 43,400 56 557b 190 *98% 100 *105% 177'4 177b 17% 55% 190 41% 42% 42 3,200 32% 33% *98% 17 55 23% 18% 18% 32% 17% 55 % 440 7,400 237b *125 *95 96'A 18% Gas & Corp Steel 16% 55 20,900 44% 196 10*'. 10% *95 -1 No par Sharp & Dohme common No par $4.25 cum preferred —No par Shattuck (Frank G) No par Sheaffer (W A) Pen Co 1 Sharon Oil Shamrock 23% 100 45% *189 ♦125 140 10% Par 34% Oct 23% 23'% < *190 196 *125 _5 EXCHANGE 30% May 19 45% 56% STOCK YORK 44 23% 17% 56% *190 1 No par NEW 45 23% 17% 56'A No par preferred 23 % 23 % 44 % 46% 700 112 112 112 112 30 35 34% 32% 32% 111% ♦1.11% 112 -44% X 32% 31% 32% 31% ♦111% 112 % J" 700 9% *9 9% *8% 9 *87b 9 9 33 32% *111% 5 —100 ; 17% 22 % com vtc__No par series A 100 C}0—, 1 Oil Co of Del No par — 18 *8% —100 100 com 17% 18 177a 22% 5 (The) 18 Vb 105% ♦104% 18 106 *104% *53% 1 5 Co Elec 105 31% 21% 1 : 82 Va 105 32 x31 % 32 18 No par preferred $4.50 8% July 12 13,900 3,200 1,900 27 105% Feb 31 Va 400 31% 82 % 27 July 25 317a 14,600 22 % 6% 82% 24% Jun 33 6% 81% Servel Inc common 46% Aug 28 6 Va 6% 6% 47'% 46% *22 227b 84 & Co Refrigerator Co Seiberllng Rubber Co 3 46 Va 84 28 % Sep 31% May Jun 24% 46 *22% 22 % 2,500 15,000 $ per share $ per share 46% *22 100 26% % *29% preferred Range Since Jan. 1 / Lowest Highest Year 1949 26 % 45% 47% 22 STOCKS Range for 25% 96% 107% 26 84 Seeger 14 25% 400 95% 107 % 17% Seagrave Corp Sears Roebuck 11 53 % Oct 5% 33% 107'A 29 Seaboard May 11 26% 22 Seaboard Finance 2 96% 107% 25% 26% 47% Seaboard Air Line 7 77% Aug 30 21% Feb 82 26% Louis Southwestern Ry 3.35% 2 *95% *107 107'A 84 Scranton Mar 27 Sep 45 96% 96% 96 'A *95 % 800 45 *42 45 107'A *42 45 *42 *107 36% 35% •42 17% preferred Dec 35% 29 preferred 19% 35 % 83 3.65% 21% 35% 83 .4.30% 62 35% 160 15,000 29% 4 Jun 35% 11% *10% 297'. Aug 29 Jun 11 % 17 Va 94'A Oct 13% 11 29 V. 7 47% 11% 17 Vb 9 Jan 357a 36 Va 11% 29 % Jan 14 11 17% 84% Jan 91 107b 29% 7 Jan *112% 17'A 18 Jan 114 29% 31% Sep 12% *111% 11% 96% 3,100 31% 112% 113% 45 19,800 31% 112% 114 112% 107'A b% 31% 6% % 6 6% 30% 113% *42 109 6 % 31% 31 18 112 % Sep 83 ►106% 31% 10,000 287b 109 29% 30 112 109 6 % 6% 31% 400 114 28 7a *108% 17% 20 104 Oct 104% 6 28% 113% 31% Jun 91% Mar Jun 94% 8 27 % 113 112 % 28 *106% 6% 31% *95% (new)—1.40 Scott Paper Co new com No par $3.40 preferred : No par $4 preferred No par Scovill Mfg Co common 25 21 45 *111% 27% 45,200 18% Savage Arms Corp Schenley Industries Inc 27 Aug 101% Sep 40% 111 % 700 a' 32'A 105 % Feb 28 78 4 33% Sep 1 94 13 Oct - 20% May 24 1 Nov 3 41% 35% Co___100 5% non-cum preferred —100 St Regis Paper Co common.. 5 1st pfd 4.40% series A 100 St Oct 96 6 28% Sep Jun 4 13 38% Aug 90 13 Oct 140 24 85 May 87 57% Sep 192 7% July 13 Jan 91/4 Jun July 9% 18 25 9% Jun 41 % 417 41 40% 109 *106% 24,900 5,300 10 % *11% Stores common 5 5% preferred —,. —100 St Joseph Lead Co . 10 St Joseph Light & Power Co_No par St L San F Ry Co com vtc__No par Preferred series A 5% vtc 100 7 Mar 50% Sep 10% 113% Safeway 21% Sep Jun 77 37 Mar 24 34 Jan Jun xllO'A Jun 4 Mar 12 19 26% July 10 18 Va (Jacob) Ruppert 10 6% ♦107 8 3% 32'A Royal Typewriter Ruberid Co (The;— 1 12% Apr July 13 8 37b 11,000 12 3% 4 * 31 18 5 11% 10 28% 27% 109 18% 4 4 114 *111% 28% 1,000 10 41% 40% 41% 115 74,900 90 10'A 10% 10 150 14% 14% *39% 4% 4 4% 53% 20 & Haas Co common preferred series A Ronson Art Metal Works Inc 28 61 6 12% 6% Copper Mines Inc 4% 1 July 13 12% Mar 16% Jun 18 43% July 28 Nov 21% 18% 12 1,400 6'A Rohm May 12 107 Mar 17 102 Dec 17% 12'A 100 10% 10% Controls 1 Gas & El Corp—No par Rochester 22 Jun 88 13 60% Jan Dec 17% 11% *106% Robertshaw-Fulton 6 30% July July 13 17% 12 8% 26 % 6% Mills Robbins 6 23% Jun „■ 87% 17% 28% No par No par . COLUMBUS1 DAY 89% *88 100 *8% *25% *6% Roan Antelope 32% Oct 13 Jun 87 13 Mar 24 Jan 16 31 Oct 7 3 Company Ritier 5 19% 10% 7% 22% Oct 12 105 Apr 14 Corp CLOSED 89 17% 41% 3.60% STOCK EXCHANGE 14% 89 11% *111% Inc.—___; Oil Richfield Dec 12% Jun 13 Dec 28 36 26% Oct 13 % 88% 17% 10 10 series———100 Preferred 4.50% series 100 Rheem Manufacturing Co 1 49% Aug 11 13% 11 90 *4 Common 13 4% Jan 1 50c 10 2.50 Reynolds Metals Co com_—No par 5%% convertible preferred—100 2 13% 17% Steel Drug 57% 13% 10% *88 1 ; 56% 58 13% 13% 2,200 3,200 *57% 58 *56% 58 13% conv Preferred 10% •56% Reynolds Spring CO—___—,-w—.1 Reynolds (R J) Tob class B 10 108% Jun 15% July 13 Inc Motors 27 10% Corp com No par prior pfd series A—100 Revere Copper & Brass com_No par 5 %% preferred —100 10 Jan 21 Jun Jan Jan 16% 8% 99% Mar 31 8 16% 26% 7 50 37% Feb Jan 5% Jun Mar 15 39% Jan 9 19 Dec 21 Jun 15% x3% ' Nov Dec 42% Jan 3 Mar 16% 8% Rexall 5 Xl05% 17 16% •25 V. 25% soo 16% 8% 6% 42% Aug 33% Aug Sep Aug 16% 16% 25% div Republic 94% Jan Oct 39% 17% 15 16% 8% 23 98 17% 14 7/8 16% 25% 15 42% Mar 17% 5oo 15% 26% 25 Dec 10 Jun ♦15 *25 % 7% May 16 20% Jan 103% Sep 98 109 33 % Sep Jan 23 Jun 18% 18 July 13 5 Dec 6% Aug 3 99% Jan 33 % 33 15% 9 % 5 14% Jan Dec 100 *32% 32% 16% 3 Oct Jan 16'% Aug 33 32% *14% *8% 13 Jun 91 40 *38 14% 16% 13 Jan 114 33 14% 9% 1 103 40 *32% 38 % 16"% Co— & Republic Aviation Corp Republic Pictures common $1 convertible preferred Dec Jan *38 2,100 *37% *8% 30 5% Jan 110 40 33 15 14% 25% 39 % •16% Inc Bros (Robtj Reo 10 Jun 247 s 50c 13 27% Jan 5% 17 85 ' Nov 24% 17% 14% July 25 4% 73 25% •32% 400 25 % 25 17% $1.2# 9% Jan 34% •17% Reeves 6 34% prior preference 10 Reliable Stores Corp__ No par Reliance Mfg Co common _5 Conv pfd 3%% series 100 Remington-Rand common 50c $4.50 preferred 25c 15 Jan 43% 34% —No par Reed Roller Bit Co 3 17% Sep 18 Hosiery Silk Real 18 Sep 15 30 July 17 56 12% Jun 8% 2nd 34% 25 41'A *34% •38 1st non-cum 34% *38 43% 25 2,600 347. 34 % share 42% 34% 26 43% 42'A 41% 25% Shares 43 41% 43% preferred—-50 preferred—50 Mills 5 non-cum 4% 7 Jan 60 Aug common 4% Reis Nov 9% Jun 6% 50 3 Dec 27 Co Reading 9 34% Mar 22 39% Feb 19 Jan 6% Jun 18% preferred $2 Sep Sales for the Week Oct. 13 t per share $ per Sper share share $ per $ per share share •34% 1 —25 50 Rayonler Inc common 3 21 26% Sep 13 35 13 20% Jun 29 30 Vb Jan 34% share 44% Oct 25 x24% Jan Feb Feb 30% S per Par $ per share $ per share I per # per share EXCHANGE Highest Lowest Highest Lowest Oct. 12 11 Oct. Friday Thursday Wednesday Oct. 10 Oct. 9 Oct. 7 SALE PRICES Tuesday Monday Saturday STOCK YORK NEW Range Since Jan. 1 HIGH AND LOW STOCKS for Preriou# Range 7% *6% *77% 13% 7% 7% 82 *63 13% 7% *6% *77 % 13% 137a 7 7'A 7% 82 ~ *6% *79 7% 7 82 6% *6% 7% 7 82 *77% *62% 65 1,701 360 14% 14% 4,000 7 Va 7% 9,400 *6% 7 *77 % 82 1,300 25% 24% 25% 24% 25 25% 24% 25% 25'A 29 VB 2874 29 7,000 28% 29% 29% 29 28% 29 28% 117 a 11V4 11% 1174 14,500 117# 117# 1174 11'A ll'A 8274 •80 81% no 83 Va 81 80 83% 7974 8474 19 19'A 5,700 20'A' 19% 19 19% 19% 19 19% 1,300 *24% „ *84 19% *37 V* *108 No par 22% :—No par com„No par *91% No par No par No par 63% com . 1,900 77 b *143 Va 1617b 38 109 22% 92% 36% *108 22% 91% 37 Vt 109 22% 92% 367# *108% 3674 109 2274 227# 92% 92 Va 7% 77b 7% 7% 63% 63 3 4 62% 637s 144% 144% 144 Va *144 144% 1617# 160 161 Va *159 161 77 a 64 11 Vb 37 V* 37 74 *107'A 108% 80 2274 22% 2274 6,400 92 Va 92% 93 *3674 37 Vt Xl07 Va 107% 22 7 b *92 774 63 144% *159 77b 63 % 144 Va 161 774 6374 290 774 8,200 64'A 8,900 144 145 500 *158 160 600 Volume 172 Number 4951 . , . The Commercial and Financial Chronicle (1453) NEW Range for Previous 55 Range Since Jan. 1 Lowest Highest S per share $ per share Jun 70 61 Jan NEW Highest $ per share Sep 25 78 Oct Jun 45% Nov 42 % Feb 14 58% Oct Nov 66 Jan 25 87'A Oct 9 20 Jun 27% Oct 25% Jan 4 33'A Sep 18 102% Dec 21 104 12 Jun 20% Dec 18% July 13 25 Jun 22 40 Jun 48 Dec 48 53% Sep 37% Sep 26 Jun 13 July 35 Oct 38% Jan 6 Jan 26% Mar ^2% July 14 16 Sep 28 Sterchi 34 July 12 39% Feb 10 Jan 98 Sterling Drug Inc Feb 21 27 Jan 33% Dec Jun 14% Jan 12 1 30% Apr 9% 100 Jan 13'A Jan 12% Feb 16% Feb 28 Dec 13% Jan 10% Jun 18'A Dec 21% Jun Dec Dec .-'52 Dec 9% 23% Apr Sep 95% Jan 20 52% Feb 66% Oct 55'A Feb 71 15 Jan Jun 122 ' Dec 116% Oct 10 Dec 11% 10% Jan July 17% Jan Jun 16% 21'A Sep 16% Jan r19 xl22 Feb 60% 7% Mar 127 Dec 12% Jun 227 8% Aug 49 Sep Jan 3 30% Jun 41% Dec 35 Dec 108% Dec 103 July 13 7'A Feb 11% Nov 27% Jun 36% Dec 33 % Jun Jun 12 Feb 9'A Jan 17% Aug 24% 76% 3% Sep 89 Jun Jan Co A 11% May 11 6 4%% 5 18 10'/a Oct Jun 12'A Dec 234 Jun 6% Dec 11% July 11 4% Apr 10 12% Sep 7% Apr 22% Oct 13% Jun 18 Nov 17 Jan 3 43% Jun 65% Nov 59'A Jan 25 11A Jun 18% Nov 15% Jan 24 13 56 Jun 70 % Dec 63% July 13 86% Oct 16% Jun 26% Nov 20'A Feb 37'A Oct 16 33% 58% Dec 36 July 17 Jun 89 % Sep 22 Sub 48 Dec 44 Feb 14 63 Oct 4 3 Texas Jun 11'A Jan 10 Jun 30 14 % Sep 25 17% Oct 4 13'/4 July 4% Mar 15% Jan 8% 25% Apr 12 Dec 14 53 4% Jun 30 Nov 71/4 Jan 3 321/4 Aug 3OV4 Jan Jan 41% Oct 14% Jun 7% 8% Oct 9 Mar Apr 95 Dec 2'A May 4% 94% Jan 4 Oct 23% May Dec 19% 271/s July 28 Jun 25% Jan 22 Jan 3 13% Jun 19 Jan 13% Jun 27 32% Nov 33 % $2.50 Aug 29 5% Feb 42% Feb 7 Lowest $ per share Jan 16% Dec 14 % 17'A Dec 15% Jun Jan Jun 16% Feb 6'A Feb 9% Dec 98% Feb 108'A ' 15 July 13 29 Mar Dec 98% Aug 10 Jan 3 18% July 17 29 1 Jan 10'A Nov 8 'A Jan 5 Jun 34% Nov 29% Jan 18 Jun 6% Jan 4% Jan 15% Sep 25 % Jan 13 36% Jan 5 103 20th 6 Jan 5 13% Apr 13 39 22 22 22 23 26% 3,400 26% 26% 26% 27 19 19% 19% 11,700 19% 19% 19% 13,700 57% 57% 9% 295 15% *44% 10 115 *11% 11% 9% Oct 3 2 Twin 58 % 9% 295 15% 43% 14% 115 11 11% *10% 39% 39% 39% 39% 39% 13% *13% 13% *13% 13% 24% 24% 23% 24% 23% 23% 86 85% 85% *85% 86 8% 8% 8% 9 *84 8% __1 8% 58'A 1,500 10% 6,200 9% 300 310 900 15% 15% 15 y4 43 114% 11% 39% 58 9% 295 43 44'% 115 58% 9% 292 15 45 57% 10 290 115 . *13% 9 — 3,300 43 'A 43'A 600 114% *10% 39 % 114% 11'A 115 220 11 'A 11 'A 400 39'% 40 39% 5,500 *13% 133/4 *13% 13% 23% 24% 24% 24% 85 85 % 84 85 9 9% * 9% 17,800 340 10'% 74,200 ?12% 13 *12% 13 *12% 13 *12% 13 *12% 13'A 5 5% 5% *5% 5% 5% 5% *sy4 21% 21% 21% 21% 21% 21% 21% 22 22 75% 75% 75 75% 22% 74 3,000 74% Co 73% 74% 74'A 75% 13,500 10 ^ Oil 23% Trust— 1 22% 24 22% 23 'A 22% 23% 86% 84% 86'A 83'/8 84 'A 83% 85 85 33% 35% 85% 34% 35'A 8,700 35 36 88 85 88'A 36% 37'A 87% 8 21,500 87% 88 62 87 60 60% 87% 61 61 6,500 61% 62 13% 13% 13% 61 % 13% 61% 13% 13 13% 17% 17% 17% 13% 14 17 17 9.600 17 17-A 17% 17'A 1,200 10% 10% 5,800 36% 36% 13% 50c *17 11'A 11% 35% No par 50 *4 37 *36'% 13 *13 13% 8% 8 *40% 25% 7% 69% *99 "i v *6% —100 3% 7% 29% 70 11% *13 *40 »/2 x40 % 40% 4% *4% 4% 26% 27% 7 17 *6% 7'A 69'A 69% 69% *99% 100% 3 3 3 3 29% *29% 41 30 41/4 100 28 *6% 69% 100% 29% 100 27% *99% 220 6,500 4% 26 % 100% 900 8% 8% . 8,600 13% 8% 3 29% 23% 8% *99% 3'A com—No par 42 26 k : 11 8% *4% 26% 69% 11 *40% 4% 25% 70 10% 42 *4 100% 23 3 6'A 13 4% *6% 5 *36 13% 8'A 42 25% _15 11% 36'A *13 8% 42 38 10% .13% 8% 8'/a 36'A 36 *13 1 — 700 24 62 100 common 51/4 35% 87% preferred 5% 86 10 Ry Co 5% 34% No par & 11,000 7% 70 100 70 *99% 3 1,800 ■A 100% 3 3% 30% *28% 29% *29 >A 3,200 29% 31% 500 Oil——„10 31% 32% 19 19'A 18% 18% 31% 32 % 18% 18% 10,300 .5 18'A 18% 42 42% 42 42% 42 18% 18% 42 % 8,900 41% 42% 42% 43'A 6,200 —No par Axle Bearing 32% 32% 31% 32'% 31% No par LOW STOCK Saturday v AND Monday Oct. 7 Oct. 9 I per share I per share HIGH Tuesday SALE PRICES Wednesday Oct. 10 Oct. II I per share Thursday Friday Oct. 12 $ per share $ per share Oct. 13 2 17% 17'A 16% 17'A 16% 167/8 16% 17% 18 18 17% 18% 17'/a 18 17% 18% 18'A 18 18'A 18'A 18 '/4 18% 18% 19 19% 19% 19% 19% 10% 10% 1 common 10% ..No par *106 11 10% 107 106 11% 107 10% 107/a 105% 106% 10% 106 10% STOCK 106 5 preferred 14% 15% 15 15'A 15 15 14% 23'A 23% 22% 23% 23 23 % 23% EXCHANGE )*% par 23% No par No par Co Shares 17'A 17% No par Co Sales for the Week $ per share 5 Inc Corp Coal Coach - 15% 44'% 116 57% 10 296 15 45% *115 58% 9% 305 15% 50 58 10 *295 25 *35 *100'% Transit com__No par prior preferred _50 conv 89,700 22 26% Century Fox Film com—No 57c 15% 22 $4,50 prior preferred 13 15% 22% Twin City Rap Apr 190 19% 5 YORK conv 500 26% 10c preferred $1.50 70% 117% 22 common— Truax-Traer 10 70% 117% 19Va . Transamerica Corp World Airlines $6 5,000 y; Trans 110% May 17 1,300 11 97% 26% Transue & Williams Steel 32 % Jun 4'A 8 50'A 11 97'A 11 98 19% Par 23 10% *97% 26% $ per share 19 % Jun 11% 98 22% EXCHANGE 20% Apr 50 10% *97% 26 Corp Associated NEW 49% 11% 98 -19 100 Tri-Continental Dec Jan 103 49%' 50% 10% *97% *22 com 11 Dec Sep 49% 50 11% 15% 12.50 12 37'A 4% 49% 50 7,200 25 Inc 19% Oct 25% 24 95,700 15% 11% Jun 32% 98% 35% 14'A 1950—20 ser 7 9% Aug 19% J in Jan 35i% 35'% 70% 8% July 13 104 % Jan 3 Oct 15% 353/8 34% 117% preference Roller Highest $ per share 10 10 6,500 36 15 % preference Timken 2,000 20% 34% :5 Timken-Detroit 13 19% 2.03% 34% 11% No par Water 19% 203/« 70% convertible $3.50 Tide Aug 22 13% 20 117% preferred— Thompson-Starrett Co 6 32% Oct 20 14% 19% 20 % 15% 47o: 6 13% 19% 20% 117% Thompson (J R) Thompson Products 101 14% 19% 20 15% 10 27 14 19% 20'A 116% 7% Jan Sep 14% 19% 19% 36Ve 50 Thomas Range Since Jan. 1 Highest 11% 35% JThird Avenue Transit Corp.No par Steel Co (The) _1 7 14% 40 20 '% 15% Land Co 14% 101 20 STOCKS Year 1949 S per share 14% 116% certificates Range for Previous Lowest 5,700 15% 13 43 'A Oct July 14 16% *115% Oct 73 % 2% July 12 40 16% 15% Fair Thermoid 4 5% Jun 5% July 13 43'A Mar May 28 51 % May 12 84% 13 42 17% Jan 16% conv The 5,900 16% 118% Coal conv 36% 16% *117 common $2.40 36'% 6,300 preferred No par Thatcher Glass Mfg Co common—_5 1 18 400 300 41% 70% Co 900 36% 15% 41 70% pfd .52% • , *100% preferred—100 Pacific $1.25 1 Apr 3% Jan Jan Nov 6 Jan 20 Apr 13% Sep 36% Jan Jun 14 43 6% Mar 1% Oct 12% July 5% Jan Jun 35 14 363/s 101 70% Sulphur Inc v- 41% *100% 70% Producing share & Textron 35% *351/4 DAY 25 Pacific Feb 36% 36 *51% COLUMBUS 16,760 40% — Gulf 36% 23'-'4 "100% Corp Pacific 16 70% (James) Texas 36V2 *15% *70 Gould Texas Texas 51% *35% 15% No par Paper Gulf 51% 36 8,200 1033% 27% CLOSED 39 % 20 % Telautograph Corp Texas 51% *15% 98 18 Oct 51% 36 15% 36% 101 *19% preferred Co 22% *96% Talcott Inc Texas 22% 33 *102% 100% No par 19 75% Oct 22% STOCK EXCHANGE 16 Corp comomn.i—1 preferred No par Biscuits Tennessee 22% 36% *15% 36% 32% 104% 52% 36 -32% "102% 39% _1 t 9% 51% 32% 104% 100% A 4%7o Symington 32% *102 16"% Sylvania Elec Prod Inc com—No par $4 preferred NO par 13 24 36% Sweets Co of America (The)—4.16% Swift & Co 25 Swift International Ltd 4 26% Apr 23% _20 common Sutherland 6 6 3 22% 23% No par : Sunshine Mining Co Superior Oil of California Superior Steel Corp 4 45% Aug 23 4 104% Oil Sunshine 88% May 31 Jan 5% Jan *102% 41 11 18'A July 13 Nov 105 101 63% Apr 79 Mar 6% *102% 15,800 16Ve 2nd Apr 34,700 40 pfd series B 15% Mar 86 17 conv 40% Oct 85% 40% conv 13 12,900 86 16% 5%% 3 85 40 'A 4%% 9% July 11 85% 33 *100% 4%% Oct 85 32Ms ;5 13 116 87'A 33 15 13 29 8% • 85 32% 100 13 July 17 1061/2 86"% 57% 16 Oct 15% Oct 75% 57'% 5 Corp Oil Class Aug 75 57% 51% Corp series Sunray 335 76 56% 36% Oct 9% Mar 30 75% 57% *15% 19% Oct July 13 195 Jan Sun 18 9 27 76 57'A *36% — preference Chemical $4.50 13 23 8'A July 12 Dec 14% Sunbeam Sun Man 30 75 'A 58% :1 Webster 5 18 Shares 76 % 857/8 Corp common__._..„l preferred series A .25 14% July 12 36'A & 15% Oct 25 Jan prior Sluuebaker 7 Apr 71% Sep 25 — Mar 11'A Oct 101 57c Stone 7 Sales for the Week $ per share 57% Stokley-Van Camp Inc common—1 27 36 % Oct preferred Friday Oct. 13 $ per share 75% No par common. Thursday Oct. 12 { per share 76% 51 % Inc $ per share 58% 50 (J P) & Co Inc Stewart-Warner Corp 21 14% Sep 22 20% Sep 28 38% July 13 8% July 17 Oct 96 Stores Oct. 11 76 common—1 Stevens 16% July 5 16% July 13 25'A July 17 Feb Bros 3%% 42 % Aug 24 21% Apr 27 Jan 28 101 '/a Aug 21 3 CO 9 Spring Jan 9% 15 Steel convertible preferred Starrett Co (The) -L S PRICES Wednesday 58 100 4% Aug 24'A 117 Standard 13 Jan 6% preferred series A 41% 94 28% 3%% SALE Oct. 10 t per share " HIGH Tuesday Oct. 9 I per share Standard Oil of New Jersey——25 Standard Oil of Ohio common—10 Aug 17 AND Monday Oct. 7 Standard Oil of California—No par Standard Oil of Indiana ____25 7 74% Feb Saturday Par 2 Jun x27 RECORD LOW STOCK S per share 26% 101 YORK EXCHANGE CO'A .6% May STOCK STOCKS Year 1949 Lowest YORK 35% *35% 101% *100% 12% .13 13 38% 38% 38% 9% 36 101% 8% 1 9 13 38% 35% 351/2 *35'/2 101% *100% 101 3/4 13 13 12% 39 38% 8% 8% 8% 15 2374 1,200 400 3,300 19,800 *35% DAY 10078 100% 100 12% 12% 2,900 38'A 38% 1,240 8% 39 9 14% 3,900 20,200 COLUMBUS 13 38 % 106 23% 35% *100% CLOSED 105% 15,000 . 8% 2,600 8% 36 100 U 8% Jun 10% Dec 10 Nov 46 Jan 10% Feb 12% Apr 19% Jun 39% July 14 10% July 17 26% Jan 13 39 33% 107 31% Jun 45% Jan 94 Dec 112 Jm 96 Nov Aug . 96 . Jan 90'A Jan ' — 21 40% July 17 111% Feb 2 Aug '94 8G% Jan 25% Jan Feb 103 Jan 30% 32% Sep Jan 81 Jun 27 51% Feb 50 Jan 9 May 12 10'A Jun Jan 31 27 Dec 25% Jan Oct 14% 61% Jan Feb Oct 13% Jan Union 37% Sep 51 114 22 2 13 3 54 106% < Preferred Pacific RR Co 47o Mar 20 Mar 29 Tank 57c United Air 4% 7c United Lines of 111% Sep 13 9% Oct 7% Mar 28 16% Oct 5 United Board 38% Jan 32'A July 12 40 'A Apr 10 United Carbon 3% Dec 3% Jun 9'A Dec 45 Jun 14% Aug Jun 34% X 44'A Jun $4.50 preferred 30 32 Sep 28 United-Carr 2% July 12 36% July 11 3% Jan 3 Dec 3% Jun 4 Jan 12 United 50 8% May 22 46% 36 36' 11% 12 35% 36'A 35 1,600 35% 35 35% 35% 36'% 8,200 46 46% 46'% 46% 21,000 Mar 3 4 'A May 31 12% Aug 21 113% *102 105 *102 105 32 .98% Inc 31% 106% 32% 400 31% 31'% 31% 31% 98% 97 31 'A 31% 11,500 97% 96 % 97'A 96 96% 4,300 51% 51'A 51% 51% *51% 35'A 51% 35 35 34% 35'A 31'% 34% 30'A 35'A 31 1,200 30'A 307% 112% 30% 30% 109% 12,500 *109 112% 10 16% 87% 88 29% 29% Co. — Corp *109 10 16 —No par Fastener 39 No par *29 Stores com„30c 1 Dyewood Corp common—1 preferred r —.100 United Electric Coal Cos— United Engineering & Foundry.—5 United Fruit Co —No par _ 5 31'% . *69 70 69 *23% 4, 14% Jun 30 12% Jun 17% Jan x89 'A Jun 116% Dec 175 Jan 187 Oct 6% 43 Jun Maj 17% Api 90'A July 26 181% July 19 39% Oct 6 20 135 189 Mar 8% Jan 3 12 Oct 13 46% Jan 4 60 Sep 12 Mar 11 33 Oct 6 3% Jun 9% Dec 8% Jan 10 21 Aug 18 Jun 30% Dec 28% Jan 9 62 Aug 18 see page 22. S U S 69% *68% 23% 23% 23% 23% 800 63 % 64 64 48% 48% 49'A 64% 64 1,900 27'A 18% 64% 18% 18% 19 28 27% 27% 65% 6,500 19 18% 18% 28,100 28 27% 28 9,900 14% 14% 14'% 14% 14% 20 14% % 17,900 19% 20% 19% 20% 19% 20'A 20% 20.300 19% 19% 19% 19% 20% 20% 2,000 39% 38 39 38 % 38 % 38% 100 100 38% 38% 39'A 100'A *100% 101% *100'A 19% 19% 19% 19'% 39 99% *20 123 182 'A 100 20'% 19% 123'% 118 182'A *182 'A 20 122 183% 100 19% ii4 *18214 116 183 % 11% 11% *58% Chemicals No par 32% U S Leather Co common. .No par 19 19% 18% 19'A 18 19 No par *58 59'% 57% 58 56% 5714 preferred 65 18% 27'A 19% 59'% conv 65 40 14% 11% Class A 64% 69% 19% *53% Industrial 800 48 5 S 170 10% *68% % 100 U 10% 44,400 20% 100 _ 10% 12,600 4% 20% -.20 preferred. preferred— 10% 3% '20% No par Hoffman Machinery 41/4% 4 *20% -No par — 77c 2 Sep footnotes 1st preferred Freight Co_ U U S Gypsum Co common— 15% For $4.50 9 11 4% 1 . ..No par 5 Jan 22 Foreign Securities Oct 10'A Oct & Jun 57 26'A S 10% 4 29% 42 —1 Paramount Theatres Certificates of interest— U 41% 3'A 41% 69'% 14% 106% May 23 4 *28'% 3% 42 48% 27% Oct 4 11'A 29% 23% 18% 99 *28% 48 14% 27% July 12 29% 23% *27% Dec 2,000 *68 % 10 Nov 39 'A 69% Improvement Co—.13% 30% 39'% 24% Corp 102'A 39 48% United Gas Feb 37% 48% United Merch & Mfrs Inc Mar 30 37% 23% United Gas 13% 10 37% *28% 38% 5,400 49 18 94 1,500 16% 24 13 United 30 110 49 15% Sep 3 30 *108% 16'A ' 29 % Apr 12 30 3% 4 300 16'A *41% *10% 13,200 110 3'A 4% 100 17% 88% 29% 41% 11'A 110 16% 88% 16 3% .4 *109 17 88% *108% x41% *10% 110 1.100 161% 3% 14% July 18 Jan 29% 110 16 43% 22% July 13 11% Mar 30 23% Jan 29% 110 16'A 3'A Sep 24 16'% *85% *42 % Dec 15% July 13 16% 88% 3'% Dec 15% July 13 *29 110 *109 16% *85'A 43 'A 13% Dec 38'A 17 88% 30 •% 1091% 31/4 • 19% 1 16 39 26% . *109 16 '/< Feb — 30 110 July — 16% *85'A 51'A 43'A 100 13 Dec *109% 16 7% 100 common __ 21 26 30 100 31 Sep 25% 106% 108 96% 35% 49 'A Oct Jun 96% 51'A 78% Mar Jun *106% 96% 36 'A 25 19% 108 *96'A 51% Mar 29 19 *106'% 96'% 31'A July 17 19% Mar 22 96% 97% 934 Mar If) *102 32 Ve America—No par '. No par Cig-Whelan 97 98'% % 18% 18 % *106'% 107'% 104 108 51% July 18 4 *112% 105 97 31'A 16 Oct 113% *102 97 *35% 39 66 104 % 5 Dec 50'A July 12 *112% *102 4.600 No par Jan Dec 46% 112% 2,100 preferred—50 22% 55% 46% 112% 50 42% 7"'0 47'A 113'% 25 Dec 3 46'A *112% *95% $3.50 convertible preferred United Corn (Del) United 47'A *106% common Carton & s 13% 113'% No par 70 58 47 1 *112% preferred——100 preferred Biscuit Jun 23 13 46% 12 common Corp convertible Jun Oct 13 46% 11% Co.. Car Aircraft 4% Sep 13% 45% 12 of California- 29% 47% 13 45% 11% _No par non-cumulative Union United 1 "3% 13% 45% 12 series Oil 1 Jun 13% 46% 12 series Union 1 18% Aug $3.50 $4 Union 3 90% Aug Jun 13% 45% 12'% El Co of Mo pfd $4.50 ser_.No par Preferred $3.70 series No par Preferred Aug 21 25 "i'A 13'% 46'% 12 % 5 Un 7 79% July 11 40'A 13% 46% Co July 24% July 17 106% Jan 3 Dec Rubber May 10 36% Oct 33 —1 __No par j & Union 34% Aug 112 Corp Asbestos Bag & Paper Corp—No par Union Carbide & Carbon No par Oct 31% Jun 106'A Jan Underwood lo Dec 85% 19% 103 24% May 36% 109'A 19 Apr 13'A Jan 103% Aug 18 89% Dec 47 99%'Aug 15 107% May 23 33% Sep 22 100% Sep 22 Jun Jun Udylite Corp (The) 30 Jun 20% July 104'A 22 30 24 Apr 73 'A 48 13% Jun com 33 32 % 11% 11% 59 *58% 32% x31 11'% 59 32 113 *182% 11 *58'% 31% 18'% *57 14 % 115 183%| 11% 60 32 112 . *132'A 102 19'% 113 6.900 190 2,200 4.300 184 10 11'A 12 3.900 *58% 60 31% 32% 4.300 19 13% 19 7,400 57'A 57 57'A 2,500 • 21 Chronicle The Commercial and Financial 22 . . . Monday, October 16, 1950 (1454) t per $ per share $ per share 1.1% Jan 16% Jan 8% $ per share U S Lines Co 4 7% May 10 Apr 8% Jan 9 49% Jan 10 U Jun 12 U X31% Sep 27 U 18 27 Jun 49% Jan 34% July 13 52% Jan 72 Dec 65% July 17 19% May 30 Dec 23% July 12 Apr 93% Nov 88% July 5 97% Apr Jan 37% Jan 3 52% Oct 5 Jan 126% Jan 18 31% Aug 43 112% Jun 133 33% Oct 33% Mar 31 Mar 143% Oct 54% July 14 62 Oct 72 20 % Jun 26% 129% Jun 140% 18% Jan 22 Nov 18% July 12 Jan 44% Sep 40 38% 6% Feb Jun 11% Nov Apr 92 Dec Jun 4 Jan 2% Jan 3 23 Oct 5 Oct Jan 15 Feb 9% Sep 4 Feb 12% 64 177 7% July 10 12 Dec Jan x25 16 Dec 7 Jan 161 Jun May 23 61% Jan 23% 23% 23% 23% 22% 22 22% 4 "/a 23% 34% Aug 16 4% 4% *23% 24 4% 23% *174 11 n% 10% 56 25% 56 25% 56% 30% •11% 100 • Utah Power 176 STOCK 300 30% EXCHANGE 97% CLOSED 49% COLUMBUS 8,200 31 96 140% 20 5174 50% 140% 140 30 Va 96 50% 15,400 340 141 18,400 52% 53% 5274 53'/. 65% 65% 65% 65% 66 74 800 40% 40 4074 93,400 14874 1,600 1,800 40 3 9'/a 149 148% 148 Va 19% 19'A 1974 4 4'/a *43 43 43 170 6 6 500 fi 5% 6 DAY 149 19% 19% 44% *5% 10% 10% 10% 10% 10% 1074 *93% 96% *93% 96% *93'/. 96% *22% 21 % 4% 4% 5 11,500 *23 7a 24 500 800 800 20 175 *174 174 11 1174 5,800 55% 55 74 5574 480 25 V. 25 25 4,600 29 74 30% 3,000 1174 3,200 11% 10% 10 % 22% 23% 23% 174 176% 10% 2374 22% 4% 4% 23% 23'A 174 23 22% 22 21% 4% 3,600 37B 23% *22% 24 2,500 3 3 3 3 3 176 *174 100 com—1 Pictures Co Inc preferred Si Light Co 4%% 6 14 1 preferred Universal 27 25% Oct 45 50 Laboratories Inc 73 % 73% *874 52 19% 3% *22 4,700 73 % 29% 140 *43 44 6% 10% 96% 3% 10% 1 100 407b *95 50% 149 96% convertible preferred 97% 39% 39% 41 148% 148% 19% 19% 10% non-c 6% 874 40 65% "93% 3% 1 2d pfd„5 3.400 8% 40% 49 preferred—No par 2 $4.20 Stores convertible 8% 24% Aug 21 43% 149% 30% 139'A 50% 65% 65% 72 30 140 140 49 Shares 16% 16 *8% *72 72 49% share 38% 40 *95 74 31 97% 51% share the Week 13 Oct. $ per 16% 16 8% *8% share $ per Sales for Friday Thursday Oct. 12 Oct. 11 $ per 16% 39% 44 6% 10% *93% 3% Universal Leaf Tobacco com__No par 9 41 19% Universal 27 65% 44 TTnivpi-sal-CycloDS Steel Corp July 28 Sep 141 50% *64 40% 149% 19% i'/o 17 Jan 20% July 27 Sep 25 % 170 6% Apr July 13 52% 141 50% 44 '5% $6 9 277/. 97% United Wall Paper Inc common 24 17% 8% 40% *95 51% °8% 40 *72% 30% *95 50% non-cumulative preferred__25 United 3 26 8% 40% common- United Stockyards Corp Jan 8% 40% "73 30% 75 31 Wednesday share 16 16% Tobacco Co common—_No par S 7% 4% Apr Feb Jan U 27% Jan Jun Mar 21 2 12% 3% U 5 Feb 100 3 2% July 17 21 19% 7 11% Apr 9% July 13 91% May 22% Oct 15G Oct 22 26 5% Jan Nov 4% 6 44% May 19 6% May 19 3 July U Mar 150% Oct 4 Jan 139 Jan 8% 80 13 25% Jan Dec 11 68% 41 : 16% 10 8% non-cum 1st preferred____100 S Smelting Ref & Min com 50 7% preTerred __ 50 S Steel Corp common No par 7'!» preferred 100 Rubber Cp S 5 53% Oct Apr 46% U 16 % 10 20 _10 _1 100 preferred S Pipe & Foundry Co S Playing Card Co S Plywood Corp common 3%% preferred series A 11 82 77 $ per $ per share 16% PRICES SALE HIGH III Oct. 1 common 4%'U 38 I per share Par share Feb 14% Jun Oct 7% Highest Lowest Highest Lowest Oct. 7 EXCHANGE Tuesday Monday Oct. 9 Saturday STOCK YORK NEW Range Since Jan. 1 Year 1919 AND LOW STOCKS Previous Range for 55% 56% 55% 24% 11% 57 25% 24% 25 25 30% 30 30% 30 30'A 30 30% 11 11 11% 11%- 11% 11% 11 11% 31% 30% 31V. 31 31% 31% 3174 15% 1574 1574 7.200 25% 2574 26'A 4,100 V Jun 7% 25% Nov 17 20% Feb Apr 11% May 20% Jun 27 Nor Feb 13% Jan 12% Jan 3 20 Jan 25 Oct 20% Jan 97 Dec 97% Mar 98 Dec 98 85 % Jan 33% Jun 47 Dec Jan 100 Dec 11% Jun Jan 118 Jan 79 20 Dec 113% Jun 118 Feb 12 103% May 26 19% July 6 Sep 32 % Sep X30% Oct Sep 27 22% Sep 1 36 26 25% Jun Oct 28 18 Jun 25 % 25% 101 oartic preferred 100 div 26 7% 103 70 4674 47 900 46% 47'A 105% 8% *101'A 103 103 19 V. 19% 19% 115'A 115% 115% 115% 105% 105 105 19% *115 J/4 *104 1,000 1974 6,800 115 60 115% 105 105 105 ♦104 4,100 1974 19% 116 19% 116 —' 9 10474 874 8% 8% 101 *100 101 *100 8% 103 103 47% *46% 47 100% '100 9% 50 27% *25 370 25 25 25 25 25 25% 26% 26% 32 30% 30% 30% 30% 3174 500 32 *31 31% *31 30% 30% 30% 30% 30% 30% 30% x30 74 3074 2,500 *30 32:% 32% 33 *32% 32% 32% 32% 19 18 % 19'A 32% 5 - 31% Jan 11 Jan 48 Apr 24 63 Oct 13 Wabash Jun 26 14% Jan 10 Waldorf System Feb 4 52 Oct 13 9 % Apr 4 Walworth 19 % Feb 1 Ward Baking Co common- 33 *62 63 V. *13% 13% 32 32% 1,400 1874 19 2,560 33 *32% 33 *32% 33 *3274 33 62% *61 % 63 *61 Va 63 63 63 13 % *32% *32% 20 preferred Apr 19 19% 19 19% 19 10 Vulcan Detaining Co new May 17 103 *10074 25 (The) Corp *100% 103 25 nrelerred Visking 103 *100% 100% 105% *104 *100% 103 8% 19% 19% *115% 10 103 '100% 103% 106 *105 25% 1,500 '100% *100% 9% 25 5V 103 47 47 xl5 16 101 *100% 101 60% Mar 15749R ■! i 9% 32 ' 15% 25% *46% Virginian Ry Co common 13 27% Jan Apr 33% 15% 25% *100% 13 37% Apr Jan 33% Jun 16 100 fiV 11 7 32% Nov 15% Virginia Elec Si Power Co com—10 $5 preferred 100 $4.04 dividend preferred.:—— 100 Va Iron Coal Si Coke 4% pfd—__25 5 July 17 Dec 28 31% No par Va-Carolma Chemical com Mar 23 26% Oct 7 26 45 Oct 106 25'/a 30 5 117% Aug 25 114% Sep 23% July 23 • preferred 3%% Jan 9% Oct 31% 31% : Victor Chemical Works comraon„-5 51% May 19 101 16% July 27 Jan 101 22 Jun Jan 14% 101 101 106 82% 15% x 101 5% non-cumulative preferred__100 29 27 6% Jun Jan Vicks Shreve & Pacific Ry com__100 May 105 96% Mar 22 5 4 103 39% July 26 91 18 ! July 12 27% Apr 8 10 Jan __10 Vertientes-Camaguey Sugar Co._6% Vick Chemical Co 2.50 Co Inc Van Raalte 5 17% July 11 26 85% Mar of America__No par —2.50 Van 38% Sep' 24% Feb 23 10 Co Norman 12% Aug 24 3 Jan 9 Vanadium Corp 13% 13'A 13% 1374 1,100 10,900 W preferred 4%% RR 100 __No par 12, Jun 14% Sep 12 25% Jun 31% Nov 27% July 17 21% Jun 33 Dec 31 6% Jun 9% Jan 6% July 13 xl2 Jun 17% Dec 14% July 14 x87% Jun 101% Dec 97 9% Jan 16% Dec 11% July 12 18% Jun 30% Dec 38 Va Feb 6 14 Jun 22% Jan 15% Feb 14 23% Sep 22 Dec 24% Jan 28 27% Jun 8 Washington Gas Light 3 Waukesha Motor Co_— 32 13 Jan 1(« 16 Jan 16% Jan 24% July 18 23% Jun 25% 11% Jun 14% 16 % Feb 24% Dec 18 11% Apr 17% Nov 11% July 13 Sep Oct Jan 24% Jan 13 84% Dec 83 % Feb 28 30% May 31 88 % Sep 25 Jun 27 28'/a Sep 16% 16% Sep 14% 23% Jun Jan 25% 115 Nov 104 % Sep 108% Jan 12% Dec Dec 108 17% 14 West 27% Feb 25 West Penn Electric 13 West Penn Power 109% Feb 7 50% Jan Range for t per 13 18 $ per $ per share 26 10% Aug 37% July 26 5174 Apr 25 41% Dec Feb 16% Dec 12% July 5 22 % Oct 6 Western Dec 27 July 3 38Va Oct 6 4% 44% Oct 7 8% 21 Sep 33 Va 20 Jun 30 Jan 28 Jan 3 53% Jun 70'A Nov 64% Jun 27 83% Aug 17 24 Dec 19% Jan 13 4174 Sep Western 13 May 21% Jun 20% May 98% Feb 21% Jun Mar 102 34% 29% Aug 24% July 13 Jan Dec Aug 102% Sep 22 Jan 22% Feb 16 26% Dec 115 Feb 112 — 3 30'A Oct 11 July 23% Mar 89% 32% 3 Jan 81 Jan 26% July 15 Dec Dec 15% Feb 18 8 118 Sep 237s 26% 26 % 500 14% 14 % 14% 14% 14% 14% 14% *14% 14% 1,200 *21% 21% 21'8 14 V. 14% 14'A *7'A 7% *7% 22% 22% 21% 22 14% 14 % 14% 31 Va Oct 11 92 May 41 Feb $5 27 23% Aug 8 White 54 % Oct 13 White 16% Jan 32% Dec 30% July 12 Feb 34 Dec 33% Jan 12 35% May 23 14% Dec 12% Feb 15 17 Vs May 26 Jun 7% Jan 5% Jan x42% Jun 57% Dec 49% May 8% Jun 12% Dec 12 Jun 27 70 Jun 79% Nov 77% Jan 5 10 Jun 13% Jan 9% July 11 14% Jan 21% Dec 16% July 13 137 3 5 Motor 9% Aug 29 13 $4.50 5 Wilson conv Co Sep 22 12 Sep 21 Wilson-Jones 2274 Feb 25 Wisconsin 142 Jun 13 45% Sep 15 Feb 3 $4.25 6% 26 25% 25% 25 V. 25% 25% 25 % 23% 23% 23 23% 23 23% 23 23 23 25% 7% 112% 107 *105% 106% 17% Jan 140 Nov 22 Jun 35 Nov 44 Sep 49% July 11% Jun 18% Dec 16% July 12 23% Aug 28 107 *105% 107 105 Va 105 % *105 106% *105% 16% 3 67. 16% 167-8 Feb 72 Oct 69 July 18 77 Jun 76 Nov 74 Jan 79 July July 26 43 10 July 25 51 63 63 65 65 109 109 *109 110 Va HIGH SALE share 10 Friday Thursday Oct. VI Oct.il $ per share Oct. $ per Sales for the Week 13 share Shares $ per 9% 10% 50 50% 48% 50 74 49 10 10 49 'A 49 74 49:,4 5,300 1774 2174 10 74 49 49% 10 share 974 $ per share f per 10% 9% 2,800 PRICES Wednesday Tuesday Oct. 10 6574 11074 *109 1.000 19 17 74 1874 36,200 5,900 100 20% 21% 19% 21% 20 100 38 38 36% 3774 37 3774 3374 36% STOCK 33% 3474 5,400 44% 44% 42 44'A 42 4274 42% 43 va EXCHANGE 43% 437-4 5.400 CLOSED 80 74 8074 900 3974 3974 19,400 29 74 2974 11,400 28,900 No par 81% par *80% 40% 39% 29 2874 29% 3374 105 74 *10374 *28% 29% 28% 123% *120 82 8074 80% 81 8174 4174 3974 40% 39 74 4074 29 74 33% 33 33% *103 % 100 _ 81% 40% —100 105 287 s 3274. *103'A 29% 29 123% *120 2974 COLUMBUS 3374 32 % 337. DAY 32% 3374 10474 10374 103V2 104'A 104 74 2874 2874 *28 74i 29 37 % 387/a 3874 89 89 89 89 31% 31% 3174 3074 3074 22% 23 23 49% 49% 34% *34% 16 5 50% 34% 1 —20 _ *30 90 74 16 15% *30 V, 23 74 2274 3074 3874 30 74" 38 31% 31 123% *120 123% 37% 90 1 _ 500 ' 38% 3174 200 29 ' *120 38% 20 28% 29% 30% .. 31% 22 34 52 % 51 % 52 52% 35 35 *34'A *15% 39 7,800 2,900 3174 31% 9074 9074 31 31 35 1574 38 74 12374 90 74 *90 23 *120 30% 31 1.200 2274 23 8,700 2274 5374 5374 54 74 *34 % 35 35 16 1574 15 Va 1574 157. 8% 8% 874 874 6274 63 74 874 470 25,900 300 1,600 19.300 8% 8% 8% 8% 8% No par *63% 63% 62% 637a 6274 6274 No par 15'A 15% 14% 1574 1474 15 No par 89% 89% *89'/a 9074 89% 89% _10 11% 11% 11% 1174 11% 12 1174 1174 1134 1134 1,300 18 18% 18 18% 1774 18% 17% 18 1774 18 74 5,100 common.-l common _ _ Power Co 10 com * 1474 *87 _ 140% *43 44 43 Vs 43% 43% 43% *47 47% 46% 47 46% 46% 1 *14074 142 140 Va 142 -j ' 14 V. 90 6374 64 1,400 1474 15 9,300 *89 90 200 10 *139 141 % 43 43 43 4374 900 46'A 47 4674 47 % 9,500 227. 23 74 6,400 *139 14074 10 10 100 - Co (F W) AND 10 40 17 65'A 65% 111 10'A 10 _ Woodward Iron Co Woolworth *16% 63 1 per share _I 106 Va 17 *109 Oct.!) 320 *105% 17 63 Monday 11,000 1117 s 10574 24% * 106 Va 17% 25'A 111% 112 24% 110 *62% *109 issued" Co__ Common 159 % July 18 32% Jan 112 370 104% 24 V. 24% 112 % 105% LOW - • 87 105 % Saturday _ 29'A 24 % 112% *105% *105% Va 112% 25 24% 112% 25 112% 100 nreferred 128 4,200 25% 2574 Oct. 7 pfd series A Elec 4.100 2374 87 .... preferred 91 2574 28 No par .. Inc 2,900 87 8 87% STOCK preference & 2874 87 29 7 87% pfd Willys-Overland Motors Oct 15'A Oct 64 28 74 29% 87% Mfg (The S S) Wilcox Oil Co_ 28 V, 87 Va 7% 29% preference--No par Co.. 28% *86% *7% Sewing Machine common Prior 500 1 4 Co "when 2,100 77a 87% Instrument_fr_12.50 prior 1474 7% 29% Union Teleg class A.No conv 1474 7% 5 Pacific RR com. White Dental 800 14% 2.50 Maryland Ry com 2nd preferred Common 1 2174 No par Wheeling Steel Corp eom____No par 3 217. 21 14% 7% Wheeling & Lake Erie Ry Aug 15 39% Oct Jun 4% 23% 25% 14% Supply Co Electric Weston 8 18% 7% May 23% 25% __ 23 28% 12% 22% Westinghouse Air Brake _No par Westinghouse Electric com__—12% 3.80% preferred series B 100 7 Jun 30 20 25% July 71 23% 26% 5 1 Preferred series A Western 8,700 22% *25% non-cum Western 22 105% Feb 36 29% July 13 33 104 Auto 1,700 26% Par 32 % May 28 74 23% Western Air Lines Inc 4 Dec 28% 70 22.500 28% $ per share share 7'A Jun 8% 3.100 13 3/. 22% . 4-%% YORK "28 28% „ 26 % EXCHANGE Highest 28 13% 13 Ve 27% 104% 13'A 28% STOCKS NEW Range Since Jan. 1 Lowest Feb 5 13% 26% preferred series B Previous *104 104% 13% 104 V. 22 % $4.10% 110% May 13 July 19 Highest share Sep 68% Sep 44% July 14 107 Year HMD Lowest 18 17 12% Apr Dec 108% 104 V. 13% 4,900 104 V. 29 __100 preferred series C_ 100 West Virginia Coal & Coke —5 West Va Pulp & Paper com„No par 4%% preferred 100 $4.20 109% Mar 24 -4 104% Oct Kentucky 1047/, 13'A 13% 18 1774 18 17% 8% 87a 8% 8% 8% 18 17% 29 Coal Co, 25% Sep 8% 8% 18 500 21% Sugar Corp 114% Jun 15 111% Jan Jan Jun May 35% 104 Indies 52 *26% Inc 18 105% Oct 11 Dec Api West 14 49% 5074 5 preferred convertible 2t% July 13 18% Apr Oct 22% 107 101% May 19 Jan $4 29 49% 3 Oil Si Snowdrift com Wesson 29 48%- No par Co——- Tobacco Webster 26 6% 27% 287'. 300 29 *104 % 13% No par Co Knitting Mills Pump 28% 48% 50% 49% 49% 105 105 5 Corp. Wayne 8 27 Jun 5 Petroleum Wayne Jun July 78 8% 17% Warren Foundry Si Pipe Warren Jan 3% xl9% 8% 18 V. Pictures. Bros 11 Jan 8% 18% preferred Warner 24 49% 1 100 Co 17% Mar 16 24 July 13 No par 2.50 G & W (Hiram) 5%% 19 15% Aug 30 12% Jun Sep Sep 29 13% 13% 28% 29 29 29 No par Walgreen Co common Walker 62% *13 141% Worthington Pump & Machinery 65 16 19% Jun 27 13 30% Dec Jun 12 3/8 Jan 30% May 16% Jun 39% Jan 36 28% Nov 24% July 17 20% July 33% Dec 4% 9% July 13 Dec Oc* 88 410 *87% 89% 90 90 *87 90 90 91 88 89 210 Wrigley (Wm) Jr (Del) Wyandotte Worsted Co *81 13 10% Feb Jan 88 89'A Apr 70 Oct 14% *75 89 3 Dec 77% 75 88 11 12% Jun 23 75 8774 Oct 89 Jun 22% 74% 87 91 82 July 14 16 July 11 36% Oct 13 14% May 19 43% May 29 34% Oct 13 7274 Jan 13 106% Oct 513/4 Sep 29 53% Oct 6 11V, Jan 3 17% Oct 6 31% Jan 13 70'A Apr 374 Jun „ 2274 7 4'/a 88 No par _ Prior Feb 53% 2274 76 88% 18 Feb Jan 23% *74% 89 89% Sep Feb 8 2274 75% Prior 4 8% 56 23% 75% *87% 22 Dec 68 23 74 series___100 pfd 4%% conv series 100 Wright Aeronautical No par Sep 27 6% Apr 7 Yale Si preferred 4%% Towne No par 5 25 Mfg Co York Corp common convertible 4%% l preferred 50 Young (L A) Spring Si Wire_No par Youngstown Sheet & Tube No par 3% Feb *Bid y and asked prices; Ex-rights. no sales on this day. 7574 80 84 81 81 *8074 81% 80% 8074 81 81 300 13% 13% 13% 1374 137. 13% 1374 13% 1374 14 3,600 35 35% 34% 3474 3434 2474 35 3574 35 36% 6,800 11% 1174 11% 1174 11'A 11% 11 11% 11% 43 41 41 41 41 42 42 42 3 3'A 33% 33 V. 33 33% 33'A 33% 34% *40 33'A 106 106 V. 104 106 103% *41 104% 33 10374 11% 5.000 400 5,300 5,100 105 53 53 52% 53 52 5274 52 52 54 51% 52% 6,200 Youngstown Steel Door No par 17 74 17% 1674 1774 1674 1774 17 1774 17% 17% 5,100 14 Zenith No par 59% 6174- X5S 60 7A 58 74 5974- 58% 60% 57 59% 20.000 22 Zonite Products Corp— 1 474 5 5 74 4% 5 74 "When issued" * 10% Va Radio Corp ?In receivership, or petition has been filed for company's reorganization, 5 a Deferred delivery, 5 r Cash sale, s Special sales, 4% 5 15,900 wd When distributed, x Ex-dividend, Volume 172 Number 4951 . The Commercial and Financial Chronicle . . (1455) Bond Record New York Stock coi FRIDAY The italic letter* In the column headed WEEKLY "Interest Period" Indicate in each Figure* after decimal point represent GOVERNMENT Year 194!) Range Since Jan. Highest Lowest Dec 103.28 Dec 101.30 Sep 108.13 Jan 108.13 Jan 108.4 11 May NEW YORK 1 11 May 102.31 104.9 Feb 102.1 Mar 104.15 103.8 July 103.8 111.10 May 1 Oct July 101.12 Feb 101.13 Jun 101.7 Feb 103.2 Jan 103.19 Dec 25 102.19 Apr 25 Aug 100.18 Jun 103 of when 102.14 Apr Aug 25 100.29 Sep 15 May" 101.23 102.14 Apr 2 25 Sep" 100.29 Monday Oct. 7 Low Low AND HIGH Tuesday Oct. 9 High bonds mature. PRICES Thursday Oct. 11 Low High SALE Wednesday Oct. 10 Low High Sales for Friday Oct. 12 High Oct. 13 Low Low High the Week Bonds ($) High 3s 1951-1955 *101.26 101.28 101.27 *101.25 101.27 *101.25 101.27 27/8s 1955-1960 *107.10 *101.24 101.26 107.13 *107.8 107.11 *107.6 107.9 *107.6 107.9 1951-1954 *107.5 *101.6 107.8 101.8 *101.5 101.7 *101.5 101.7 *101.5 101.7 *101.5 101.7 *101.25 2%s 1956-1959 *108.30 109.1 *108.28 108.31 *108.26 108.29 *108.25 108.28 2%s 1958-1963 *111.7 *108.24 111.10 108.27 *111.6 111.9 *111.4 111.7 *111.3 111.5 2%s 1960-1965 *113.28 *111.2 111.5 113.31 *113.26 113.29 *113.25 113.28 ♦113.25 113.28 *113.24 113.27 101.13 *101.9 101.11 *109.9 101.11 *101.9 101.11 STOCK *101.9 101.11 103.29 *103.27 103.29 EXCHANGE *103.28 103.30 CLOSED *102.30 1952-1954 *101.11 1956-1958 *104.3 104.5 *103.31 104.1 1962-1967 *102.31 103.1 *102.30 103 *102.30 103 *102.30 103 1963-1968 *102.8 102.10 *102.8 102.10 *102.8 102.10 *102.8 102.10 1964-1969 *101.19 101.21 *101.19 101.21 *101.19 101.21 *101.19 101.21 *101.13 101.15 *101.13 101.15 *101.13 101.15 *101.13 101.15 1965-1970 *101.9 101.11 *101.9 101.11 *101.9 101.11 *101.9 1966-1971 *101.8 101.10 *101.8 101.10 *101.8 101.10 *101.8 1967-1972 *100.26 100.28 *100.26 100.28 *100.26 100.28 *100.26 Sep 1967-1972 *104 104.2 *103.29 103.31 *103.24 103.26 Dec 1967-1972 *100.26 100.28 *100.26 100.28 *100.25 100.28 Jun Dec Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s 15 Feb~24 102.23 Saturday the point. a 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Feb 102.19 Apr 100.28 82d Treasury Treasury Treasury Treasury Jan 104.9 the month case more Treasury Treasury 1 110.23 Mar Jan BONDS STOCK EXCHANGE 101.30 Sep 108.4 1 111.10 May 102.31 1 Highest 103.28 110.23 Mar or LOW Range for Previous Lowest ene Exchange YEARLY - Jun 1964-1969 *103.27 103 *102.8 102.10 COLUMBUS *101.19 101.21 DAY *101.13 101.15 101.11 *101.9 101.11 101.10 *101.8 101.10 100.28 *100.26 *103.23 103.25 *103.24 103.26 *100.26 100.28 *100.26 100.28 *101.12 101.14 100.28 Treasury Treasury 102.30 Feb 105.4 100.13 Jan 102.30 100.17 Feb 101.3 Jun 101.8 Jan 101.8 __ Jan Sep 102.18 Feb 101.5 1 102.18 Feb July 17 103.9 9 __ •100.29 Aug 11 101.18 *101.14 101.16 *101.13 101.15 *101.13 101.15 *101.12 101.14 1952-1955 *101.5 101.7 *101.5 101.7 *101.3 101.5 *101.3 101.5 *101.3 101.5 2>/4s 1954-1956 *104.2 104.4 *103.31 104.2 *103.30 104 *103.29 104 1956-1959 *103.28 103,31 *103.3 103.1 102.28 *102.27 Treasury 2%s Treasury 2»/4s__I Treasury 2%s Treasury 2s 1 Jan 1951-1953 2%s— Treasury Aug 2%s 100.31 July 28 Treasury *102.31 *102.26 102.28 *102.26 1959-1962 *100.28 100.30 *100.27 100.29 *100.26 100.28 *100.27 100.29 Dec 1959-1962 *100.27 *100.27 100.29 100.29 *100.26 100.28 *100.25 L00.27 *100.26 100.28 *100.26 100.28 *100.16 100.18 *100.16 100.18 *100.15 100.17 *100.15 100.17 *100.15 100.17. 100.21 *100.19 1951-1953 2s —1951-1955 *100.19 . 100.21 *100.19 102.29 '1 leaoui.y Feb 101.18 100.21 *100.18 100.20 2s __Jun *100.18 1952-1954 »inn.9n jnn?7 * 1 1 *100.23 100.25 *100.23 100.25 Treasury Treasury Treasury Feb 2s Dec 1952-1954 *100.23 100.25 *100.29 100.31 ♦100.28 100.30 *100.97 100.29 *100.23 100.28 *100.26 1953-1955 100.28 *102.14 102.17 *102.13 102.16 *102.12 102.15 *102.12 102.15 *102.11 102.14 *100 100.2 *100.1 100.3 *100.1 100.3 102.28 2s l%s International 99.11 103.5 _Jun Jan 103.16 Dec 1950 Bank Reconstruction 102.20 Oct 103.20 Jun 9 8 25-year niY'M & 100.20 for Development 3s 1972 *102.20 102.28 102.20 *102 20 l402.28 *102.20 102.28 *102.20 1953 2s serials of *50 due Feb 15 1954 2s serials of'50 due Feb 15 1955 *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 *100.12 100.23 *100.12 100.28 *100.8 100.24 *100.8 100.24 *100. 8 100.24 *100.8 100.24 *100.8 100.24 2s serials of '50 due Feb 15 2s serials of'50 due Feb 15 1956 2s serials of'50 due Feb 15 1957 102.20 5,000 ♦Bid and asked price. No sales 99.28 *99.12 99.28 *99. 12 99.23 *99.12 99.23 *99.12 99.16 *98.16 99.16 *98. 16 99.16 *98.16 99.16 2s serials of'50 due Feb 15 1958 2s serials of '50 due Feb 15 1959 2s serials of'50 due Feb 15 1960 96.24 Mar 23 *99.12 *98.16 *98.16 99.16 *98 99 *98 99 *98 99 *98 99 *98 99 98 *97 98 98 *97 98 *97 98 *96.16 97.08 *96.16 97.08 *96. 16 97.08 *96.16 97.08 2s serials of'50 due Feb 15 1961 2s serials of '50 due Feb 15 1962 *90,16 97.18 *95.16 96.16 *95.16 96.16 *95. 16 96.16 *95.16 96.16 *95.16 96.16 *95.08 96.08 *95.08 9b.08 *95. 08 96.08 *95.08 96.08 *95.08 96.08 96.24 Mar 23 transacted this day. a Odd lot transaction, r *97 Registered bond RANGE FOR Friday BONDS New York Stock Last Period Sale Price or Transit Unification York WEEK ENDED OCTOBER 13 Friday Friday's Bonds Bid & Asked Low New transaction. Week's Range Interest Exchange *97 High City Range Since Sold BONDS Jan. I No. Low New York Stock Interest Last Period Sale Price Exchange Week's Range or High Low Stock 1980 .June-Dec 116 115 55 108 ft 9 June-Dec series No. 10 June-Dec 3%s 116 No. 3 n/4 s 116 series series No. 11 June-Dec series No. 12 June-Dec *71 series No. 13 June-Dec *71 Low — ' . 71- 2 3%s series No. 14 June-Dec *71 series No. 15—. June-Dec *71 75 series No. 16 June-Dec *71 June-Dec *71% June-Dec *71 June-Dec 71 33/4s series No. 17 78 63% 77 64% 75% 65 „ . 78 66Va 77 33/4s 78 66 — 33/4s 80 79% 63% 72% „ High 69% 67% ■ *71 Jan. 1 No. *71 __ Range Since Sold High 71 3%s Corporate 3%s Issue— Bonds Friday's Bid & Asked 33/4s 3Ve 99.28 75 68% 72 78 ' 33/4s No. 18 series No. 19 3%s Foreign Securities series 33/4s series No. 20 — June-Dec : ' ; 3 %s Members New REctor 2-2300 120 York Stock June-Dec June-Dec 23 June-Dec series No. 24 June-Dec 33/4s series No. 25 June-Dec 33/4s Broadway, New York 21— 22 No. series No. 26_ June-Dec 33/4s Teletype Exchange No. No. series 33/4s Wertheim & Co. series series 3%s series No. 27 June-Dec *71 *71 75 70 80 2 71 71 1 71 71 1 78% 63% 76% 68 71 *71 .■ 76% 65% 71 71 75 67 *71 71 77 64% 1 *71 3%s Telephone 65% 71 68 64 76% 68 64 74 % 78 3%s 1-1693 series No. 28—: -June-Dec *71 33/4s series No. 29 —June-Dec *71 66 78 33/4s NY series No. 30 June-Dec *71 65 78 Brisbane (City) sinking fund 5s Sinking fund gold 5s l958 Foreign Government and Caldas Mortgage Bank (Colombia) — §AGuaranteed sinking fund 6s 1947—__Feb-Aup ^Guaranteed sinking fund 6s 1948__i__Aprii-Oct Akershus (Kingdom of Norway) 4s 1968—...Mar-Sept (Dept) collateral 7s Antwerp (City) Australia 3%s 10-year 20-year *91 A *53% - — . ■ • r ' -^■JT ■ 7.— • ' 98% . 102 sinking (U S fund of) to f s Stamped AExternal to 3.5%) 6%s to f s Stamped 40% 104'% 100% 102% 95% 157 96 23 95% 87 of 95% 51 88 98 % 92% 69 84% 96% 104 V'4 110 5 102 % 107% 3 85% 2 75 (Central 3.375% ) Ryl 5 54 70 73 June-Dec 61% 52% 65 73 85 61 % *85 — to reduced to A External dollar bonds of 334s series No. 1 33/4s series No. 62% 5 87 No. B) SAChile (Republic) §A7s A6s assented s f 7s external fund A6s assented AExternal A6s fund Sept 101 58% 1 58 38% 39 % 8 35 40% 47% 2 36% 49 % *35 6s Sept __ 35% 47% — 35% 35 % 47 % 47 % *35 62 63% 18 51V4 70 49% 28% 37% 30% 51 4 28% • 67% *47 45% 49% ._Mar-Sept *35 28% 38% —April-Ocf April-Ocf *47 46 % 50 1962 1962.— — ■ *35 ,' * 28 65% 77 June-Dec 65% 77 65% 77- *72% r-3r• 72% 33/4s series No. 7 June-Dec _ 33/4s series No. 8— June-Dec — 77% *72 % 72% •r/% •7^/8 ' 5 ' June-Dec A6s sinking fund assented 1963 6s 1963—....May-Nov *47 -May-Nov ——, — *35 39 40 28% 37 ■ . 38 SECURITIES MARKETS FOREIGN SECURITIES 72% — 72 V8 **♦ —*71 80 — 65 % 83"%* 70% 75 *71 1 50 Broad J 79% 67% 80 37% ' AExternal 81 *72% 36% 1961—Mar-Sept C ARL MARKS & Q O. INC. __ 51% 36% - ( 62 37 % 38 2 )-• — 60 28*a 5 *47 35 % 28 % ' ^ 36% 35% Feb .——.'. 6s . *47 1961 sinking fund assented 6s 101% 120 58 % May-Nou April-Oct 1961——Feb-Aug A6s assented Feb 1961 —Feb-Aug ARy external sinking fund 6s Jan 1961—Jan-July A6s assented Jan 1961— ....Jan-July sinking • I960—,-——Apnl-Oct —— 40% 107% 103 47% . 39 1942—May-Nou 1942 1960 sinking 101 . f $ bds 1978_Jan-Ju/p sinking fund 6s assented AExternal s FIRM TRADING 65 — June-Dec 101% •. Mar-Sept _____Jan-july 1954 8s 102% 100% 71% 5 27 101 1975 (City) VaKDept of) 30-yr 3s 33% 12 39% 90 54 No. page 52% 76 — 13 series . 41 FOREIGN 63% 3%s see 16 63% June-Dec 3 62% (interest June-Dec 3%sa series No. 4 footnotes 61% 63% April-Ocf — 101% 39 For Financial Institutions 1951 (Plan 2 series .61% *85 June-Dec 1979 1944 19 101 (interest — 3.375%) . June-Dec Plan 3.5%) 1978 5% funding bonds of 1931 due Stamped pursuant to Plan A 105 % 105%' (interest 1979—April-Ocf to 39% 101 Mar-Sept 86 *85 v. 1957—April-Ocf A 1952 pursuant reduced 104% 104% 91% 63% . to 98 97 101 116% 110% 63% G3% (interest due Plan 1^ 100% 101 105% — 108 % 85% — 1957—_ April-Ocf A 1979— 1927 to 97% 97% (interest due Plan 87% 87 92 -...June-Dec 2%s Carlsbad Cauca AExternal 93% 194 April Oct 1926 3.375%) pursuant reduced Stamped A 93 % 104 2 1941 ......June-Dec Plan to 95 '<2 .92" Jan-July 1978 of 6%s 8s 54 % 104% ....Feb-Aug 1955— external pursuant reduced 7s 78 '2 100 101 $ bonds 1978_Jan-July 1974 25-year A 3Vis of) 23/4s AExternal 98% 95% June-Dec 53 54% 33% 6 — 54% 47 17 32 1955 46% 46% 99% 95 — 53 53% 98% 95 6s 46% 46% 94 of) 54 % 11 95 1966 97% % 46 39 June-Dec 1962 71% 85% 38% 1967 reduced For — J. ■ 54% *53 % 39 —Jan-July Feb-Aug 55 *53% • , '• 94 % 3 Mrs Mar-Sept Fcb-Aug 1961 ——.....Jan-July 30-yr 3s s f (Dominion 25-year 79 ' 94 % 3%s 76% 46% .. June-Dec Stamped pursuant 33/4s 55 *53% June-Dec 1955 2 1957 AExternal A7s *53% ■ ... 54 % 3%s External 1 1958 5s 1956 (Kingdom §ABrazil 5s —_ 94 54 % B ser . . 3'/4s 20-year 15-year Belgium external (Commonwealth) 10-year . sinking fund 7s 75 *60 (Dept of) Canada ' *60 ff 1945—_Jan-Jutj/ 1945—Jan-Juty § AExternal sinking fund 7s ser C 1945— J&n-July § AExternal sinking fund 7s ser D 1945— Jan-July AExternal sinking fund 7s 1st ser 1957_April-0cf A External sec sink fd 7s 2nd ser 1957_April-Oct AExternal sec sink fd 7s 3rd ser 1957:Aprjl°-Ocf 30-year 3s s f $ bonds 1978—_ Jan-July §AExternal . 65 ' Municipal Agricultural §AAntioquia 1957 ■■_% SPECIALISTS , > St., New York 4, N. Y. Telephone IIAnover 2-0050 Teletype NY 1-971 23 24 The Commercial and Financial Chronicle (1456) . Monday, October 16, 1950 . . NEW YORK BOND RECORD RANGE JfOR Last Period Sale Price or Fiiday's Bid & Asked Low Chile A Chile a OCTOBER High Range Since Sold Jan. 1 Low No. BONDS New York Stock 1993—June-Dec 2-3s 33% 34 40 28% 37% June-Dec *47 37% 48 *35 28% 39 38 36% 50 *35 28% 37% *47 39 51 *35 28% 38 ______ assented A7s A Chinese Mar-Sept 1960 (Hukuang Ry) Colombia (Republic of) Of 1928 Oct A63 of 1927 Jan % 15 47%. 48'A ~ 79% fund 7s of 1926 due 1946 iASlnking fund 7s of 1927 due 1947 Copenhagen (City; 5s 1952 4%s 1953— ACoata Rica (Republic of) 7s 1951— Cuba (Republic of) 4%s external 1977 — 6% ) assented extended extl 4s AEstonla Sydney 33% lAUruguay dollar part paid Holslngfors Jan 1976 1 24 85 92% 18 79% 97% 81% 37 70 92 % 1967—— 73% Irish Free 13 *8% — 80 IA 7s external 6%s fund 5s 6% 13% 6% 11% Albany Public Italian 62% 3 35% Credit Institute AExternal 7s Mar-Sept 72% Alleghany & 1% to 3% 1977 Altaly (Kingdom of) 7s 1951 AJugoslavia (State Mtge Bank) AMedellln (Colombia) 6%s 12 f s 3%s *53 June-Dec 1978 American 41% 62 American & Foreign American Telephone Airlines debentures 3%s A4%s ANew small (1942 16% 2%s debentures 54 2%s debentures 34% 40% 5% 10 8% — Quar-Jan (1922 agreem't) A (1942 agree't) ! A4a of 1904 (1922 assented of 1954 1910 —June-Dec (1942 agree't) (assented to agreement) (1942 agree't) 1963__Jan-July (assented to Geraes 6%s (State) etl Stamped agree't) 2.125%) 2008 A Stamped to Plan 2.125%) ~8% 12% 12 77/a 12% 5 to (Kingdom) (Kingdom 3%s of) External sinking 4%s A (State of) pursuant reduced APeru to 59 47 — *36% — loan extl lAPoiand external f s s 6s *36% 99 49 32 (Republic of) A4Vis assented 5 86% 8 88% 8s 96 7 94% 93 93 8 83 13 &6% 5 89% 31 88 102% de Janeiro Stamped to Stamped Btamped 100 99% to external external Stamped ARome (City of) 6Vis (City) 8tamped reduced 8s pursuant to For footnotes 48 *36% * 1 Like 8s ...-ApriZ-Oct 1950 to Plan 99% Beech and Creek Beneficial __ 3 5% __ 7% 15 7'% Jan-July 7'% ' 14 page — *38% Jan-Julv __ ~ *36'/a __ 5 5 10 5 AInc 8% 9 6% __ 10 9% 37% — 38 — 40% 32 38 48 -- — ABreda 82 95 86 84% 99 75 55 65'/a 86% 698 43'/a 63 Va *90 Va 90% — 81 92 1 West 76% 2010—: Virginia— ■ May-No® M series 4s D 35 3 4'/a "5 April-Ocf — — Steel 3%s 1951 April-Oct C 1960 April-Oct series Loan 2%s debs 1961-Mau-Nov 2%s series I 1970 2%s series J 1976 mortgage Maine 1968 June-Dec 48 46 % — series 3s K Jan-July May-Not mortgage 1967 series 4s mortgage 3s 4s RR & Co 5s Terminal 1966 May-Nov 35% . 1976 2004 mige 2%s 4%s first 1975_May-Nov — *39% 55 t Mav-ZVor. » _ % 100 % 7 98% 5 98% 99% 101% 11 100% 102% 118 122% 101 101 101% 101% 100% 102 103% '104% 103 105% *82 ■ *102% *75 % 79 4s May-Nov 1952 April-Oct 1955_J( Buildings Jan-Juiy gtd 5s 84 : 75 '' 81% 83 102 ; '• 102% 77% 77% 78% 80 17 69 % 57% 58% 47 44 58% 59 58% 59 80 ' *103 104% 104% 104% 100 % 0 — 103% 100% 103% *101 3 102 1 100% 105% — 73% 19 102% :Z.% __ 101% 105% 100% 103% Ry— 1957 1960 37% California 61% California Oregon Power 3Vas 1974 Canada Southern consol gtd 5s A 1962 Canadian National Ry— 46% April-Oc 72'/a 72% 102 102 99% 99 104 104 102 99 % 105 9 61 76% 101%' 6 97 8 104 102% 100 106% C Electric Power 3s lirst 1976 Guaranteed 1 43% 50% 35% 2 30% 38% Guaranteed 48% 55% Canadian 33% 42% June-Dec 103 * May-Nov April-Oct 103% 104 % 105 103% — 105 46 100 104 % 112% 112 % Jan-July 102% 103 Va 39 111% 116 % Capital Airlines, Inc— • 4% — & 118% 41% — -- A June-Dec 93 95 93% Jan-July 46 % — *39% Jan-July 1969—Mar-Sepf Jan-July gold 4%s 1957,. Guaranteed gold 4%s 1955 Guaranteed gold 4%s 1956 — — 82 94% 118 y4 __ ApriZ-Oct 50 (interest Plan 93 82 2 6 100 118 % May-No® 1968 Pittsburgh modified Terminal 1 92 95 « : April-Oct 1960 debentures 2%s Rochester Consolidated 91% 92 94 7 Mar-Sopf 1980 Buffalo Bush 91% Jan-July 1979 mortgage 4%s series A July 1970—May-No® (Ernesto) Co 7s 1954 Feb-Aug Niagara Elee first (interest 35% 36% 84 RR— Brooklyn Union Gas General mortgage 55% (interest *45 64% 72 . Corp— 54 — 16 95 Jan-July first 5s 31% 11 60 83 Jan-July 42% Si 84 81 Jan-July 1951 4s 1976 38 y8 — 82% 83 l985_Jan-July 33% *47 83% division Brlstoi-Myers Co 3s debentures Bush *40 — May-Nov 27 29 98 % 63 Va Pa mortgage Si First 8% 15% 40% 55 Va 4s debs series conv lnc 41% 47 61% Carolina Clinchfield Carthage & Adirondack 80 • First — 57 68 debs mortgage celanese Corp 110 1 109% Feb-Aug 109% 109% 110*4 14 109 Mar-Sept 102 Va 102% 102 % 21 102 (perpetual)—Jan-July stock 1960 A — 12 110 June-Dec 104 Va 103% 104% 118 1951 114'/a 114 ^ 105 Ry— debenture 34 (interest 67% Pacific conv 4%s gold 4s . A 93% 97% 82% Extension mortgage Stamped April-Ocf 1952 2001 92% 60% . 1951 Consol A ApriZ-Oct Plan <J3% 97 % 81% Buffalo June-Dec 1952 102% 101 62% conv Consol Boston A June-Dec A 100% 101 82 % ref Industrial Bethlehem 48 8% *8 — April-Oct to 3 a fixed (interest 1946 Plan 103 % —May & refunding 4%s Telephone of 38 (interest 1999 to 102% nterest)— 1991 l income Fei Erie stamped 44 8 7% __ Jan-July 2006 1946 due 41 dlv first mortgage 5% ser A fixed & 1%% conting int) 1980_Jan-July lien mtge 31 37'% 6 7/a 1947__April-Oct Feb-Aup 1926 108 105V* 105Vi __ June-Dec contingen* Dec Cincinnati 4s 1st 105 . of)— to due Consolidated 1st 2.375%) see 48 — *6 jan-July to 2.25%) 2004 stamped pursuant Paulo 3%% J 30% (Interest reduced to 2.25% ) ASao 103 __ . 104 88% __ __ *12 2012 of pursuant __ __ April-Ocf reduced 1967 — ApriZ-Oct A 104 V 101% Aprll-Oct mortgage 5s series II 1955 mortgage 4%s series JJ 1961 sinking fund gold loan and mortgage series 5s AC pursuant to Plan reduced to 2%) 2012 102 % 49 76 First Stamped Afj general First A 12 104% 105 75% First Plan 104% 102% 102% 104 % 55 30% to 102% 1.03% *103 — 102% 54% 30 Feb-Aug 2.5% ) 121% Bangor & Aroostook RR— 99% 100 100 April-Ocf pursuant reduced A6s 131% 119% 55 22 % 1921 126 2 94 22 1953 IA 8s external loan of 111 120 70 22% A 128 120 „ 21 13 Plan 127 127 Vi 75 18 to 90 75 30 % (State 80 75 Va 30 '/a 2001 2%) 8 73% 30 Plan Sul 90 73% 30 A 87 90 73 Va 30 8s 76% 74% 30 2.25%) 7 74% 30 % gold 86% 90 June-Dec 30% to to 104 % 1057/a 2000— — 6Vis pursuant reduced Grande do and Consol Mar-Sept Mar-Sepf 2.375%) secured 101% 103 1995 June-Dec (City of) pursuant reduced AExternal 40 28 86Vi _Mar-Sept 1 April-Ocf gold 6s 1940 to 102% 103 103% 103% 86% '»996_______Mar-Se(pt mortgage 6% (2%% Dec 1960 pursuant 'Interest reduced IA Rio 102% 103% l First — stamped 1 March due 1961 1959 stamped pursuant to Plan (Interest reduced to 2.375%) 2001 1966 101% 1975 series 1961 THs March due (3Vi% 99 % (interest 1958 (City of) 106% 130% 1966—__Jan-Jul> series sinking fund A4Vis assented 1963 121% 105% 99% Mar-Sept 1st AExternal Alegre due M Toledo 100 93 95% 93 92 92 __ 94% 92 93 95 92% 94% 99 94% Feb-Aug 1967__Mar-Sept Mar-Sept lABtabilization loan sink fund 7s A4Vis assented 1968 Porto 103 '/a 108% 12 10 Refunding 4s series A 1980 37% 98% __ June-Dec A 7s 106 % 100% 100% 1952—Mar-Sept '-June-Dec 2nd 6s f 100% 207 106% 102% 109% 110% 100% (4 "!o B K Pittsburgh 38% 48 — May-Nov 2008 ANat loan extl series G Ref Bell 1947 Plan (Republic of) ANat 7s 5% Series 61% 33 — — April-Oct series B to 100% 115% 1980 A Series 16% S'western 1963 1957 2.125%) 97% 258 contingent interest 1 .Tulv Series Mar-Sept April-Oct (Republic) — AStamped assented 5s 1963 Stamped mod 3V4S ext to 1994 Btamped 1 °tr A4Vis convertible Mar-Sepf May-Nov 1956 ref 3Vis 18 *102 __ __ May-Nov July 2%s debentures mortgage and 16% 11% 24 Panama lAPernambuco First Mar-Sept Municipal Bank extl sink fund 5s 1970—Ju?ie-Dec Oalo (City) sinking fund 4Vis 1955 April-Oct External secured 115% 99% 98% — Baltimore A Ohio RR— First mortgage 4s series A July (interest 1957 external 98 105% ' fund 4%s 1965 fund 101 % 95 20 383 95% 109% May-Nov 4s Series 12 16 % *55% Mar-Sept sinking fund external loan 8%a sinking . 18 16% — 1959—Mar-Sepf 2008 pursuant reduced 4s 40 (interest ASecured extl sinking fund 6%s 99 24 96% 106% 107Vi 98% April-Oct ser 100% 100% 95% 107 119% 120% 1963 mortgage 4%s-4s fixed Plan 100Vi 100 % 1962—ApriZ-Oct ___April-Ocf Quar-Jan 3s Fe— consol 99 % 97% 8% — sinking fund 6%s 1958 reduced to Norway 12% *15 April-Oct to 65 " 1963__Jan-July 1952 pursuant 99% 1975-April-Oct Refunding and general mortgage 5% (2 % fixed and 3% contingent interest)— -- (City of) 99 1995—! Vis A 1964 4 106 % 88 119% 1966 3%s first unified 90% 96 % —Feb-Aug July Santa 101 100'% 96 99% Aprll-Oct Atlantic Refining Jan-July assented (1942 Coast General 95% 99% June-Dec 1995 4s mortgage Atlantic 1922 1933 ASmall Netherlands 5% — new 1959 debenture 5s Topeka Si 100 *101% 105 __ 34 74 81 B ASmall ASecured 17 " assented JATreasury 6s of 1913 Manas 8% „ ASmall AMIIan Products Co 107 104% *__ __ June-Dec — 4s 104 % 104% 102 % 10 % 8 Jan-July ASmall A8s P W 104% 105% 119 agree¬ 1945 A4s new 13% 12% 1968—Jan-July 1922 Co gold first 7% 102% 102% 81 June-Dec 1969 Gen 9% to due Tobacco debentures 1957 u. 1971 Arbor 3s 4% 104Vi 104% June-Dec debentures debentures 7 7 98 Vi —June-Dec 1987—; convertible 10 9 *105 __ April-Oct 1973 American 14 11 12 A4s new assented ment) 14% 14% 91% — agreement) 15'% *13 10 7 14% *13 % Large ASmall |A4s 14'% 14% 80% COMPANIES __ Jan-July debentures General 1963__Jan-July 95 % Co— 1961 convertible First assented 86% 77% 97% Stamped 4s July l 1995 i Atlanta Si Charlotte Air Line Ry— 1945__Quar-Jan Large new 100 98 1986 debentures Atchison ASmall A6s 93 8 INDUSTRIAL 1964—May-No® 1975 debentures 23/4S A 1945 92 Vi 81% 92 *5 9 __ June-Dec 1982 ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZI ASmall |A5s assented A 8% 8% 94 86 n 91% *92% 5s 2030—Mar-Sept debentures deductions 2%$ 1968__Jan-July 142 82% April-Oct convertible Ann |A5a of 1899 due AND 1980 2%s 2%s 1943—May-No® agreem't) Feb-Aug 1966 Telegraph 2%s 1968 (Republic of) 139% 51 93.% Feb-Aug & 71 1943 assented ASmall Mexico (1922 agreement) • 150 134% ' __ 97 142 — 92 May-Nov debs f s 62 Mexican Irrigation— |A4%s assented 9 90 150 Jan-July 1967 Power deb 46% 1 38% 14 4 Va 95% *89 __ Feb-Aug debentures 3s 41% 7% 55 38% Jan-July .7 91 Vi 1st 3%s bonds $ _i _Feb-Aug 3%s 30-year 3s 7 1 9 91 May-Nov 1958 29% 13 15 14% 14 % 70 8 *140 93% 1978—June-Dec 1978 14% 7 13% *134% „ __ May-Nov 1984 7s 51 37 63 Vi *60'/a 1957—April-Oct 1954 Western 48 — June-Dec 7s 35% 35 35 Jan-July 73 7 *150 — May-Nov 1979 53 Jan-July 60 122 7 *91 gtd 4s 1998 April-Ocf Allis-Chalmers Mfg 2s debentures 1956—_Mar-Sept 2%s 1952 3 14 7 8 Feb-Aug 1979 Southern 103 Utility— 1947 Great 28% 153 60 "'11% __ Power first mortgage 3Vis 1972_Jan-July Si Susquehanna RR 4Vis, 1975—-April-Ocf American Bosch Corp 35 85 11 Jan-July 1.958 30 % 8 34% — 38% 73% 73 60 13% June-Dec 1946 8s conversion readjustment external 49 % 38 % 61% 2 73 (Dept of) 100% 1960—May-No® 65% 73 Alabama ^ 70 8il *'fc 13% 1962—May-Nov RAILROAD 5 Jan-July B Valley assented 9% 70 80 __ I960.'——May-Nov readjustment (City) A4Vis 9% April-Oct 1960 73 % 80 *56 April-Ocf 1957— 6s 62% — 1958 7s 3%s fund 88 63% __ ——June-Dec 11% AWarsaw 9% 1977 series external external external Cauca *8% (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium for Public Works to 3% sinking 77 87 *__ May-Nov 1958 (Republic) 62% *56 __• Jan-July 2012 2%) external 63 85 Cauca Alabama sink to Council external Del 65 55 11 % __ *53 Italian 1% 3Vis 54% A (Kingdom) of) 75% 57 63 2004__Jan-July ! 1968 conversion May-Nov extl 2.25%) Plan readjustment ___Feb-Aup 1964 8tate to B secured 4-4%-4Vis Valle 64 49% 64 *60% 55% 1 76 76 Jan-July Jan-July Jan-July Jan-July 1976 1 1976 1 1968— (City) to loan 3%-4%-4fts external 101 % 94 92 80'/a 92% 80% High 68 __ Mar-Sepf sinking fund 6s 1964— 3%-4-4%s (dollar bond of 1937) — 55 45 Low A 1962 assented AExternal 40% Jan. 1 No. A Jan-July Slovenes County Range Since Sold (interest external (Prov A4 Vis 114 Greek Government— A7a ASllesia See f dollar bonds Jan A6s part paid series 87 93% Feb-Aup ApriZ-Oct f 7s & A7s 90 33% 55 *47 Jan-Juue s (Republic of) dollar secured 53 — bonds Plan A Plan External ._— f dollar bonds Jan s Croats Bonds 72 1999——Jan-July Plan to pursuant A8s High *53% Jan-July (Interest reduced Serbs to 1942 gold 5%s 1955 s 3s extl 39 % Aprll-Oci 1960— gold 4%s 1962 n Salvador (Republic of) 2.5%) to External reduced (interest to External l%s extl 5 to reduced external 48% 108 2 39% to pursuant AExternal lADenmark 20-year external 6s External 48% 19% 4 33 Friday's *__ — May-No® 1950 (Interest 62 108 % 108 % __ Jan-July 30-year 3s sinking fund $ bonds 1978 Gxschoslovakia (State) — Stamped 32 33 May -Nov June-Dec or Bid & Asked — pursuant Stamped 67 77% *74 — A 2012 pursuant Stamped 48% 46 80 78 Plan 1957-—May-Nov (interest reduced to 2.5% ) 1999 A7s external water loan 1956 of)— (Dept external 47% *40 to to 2%) stamped Btamped 90 50% pursuant (interest reduced A 8s 7 40% ' 27 *40 25-year gold Feb-Aug June-Dec May-Nov — 48% *40 S A Sinking April-Oct May-No® 1947 sinking fund (State of) 1936 90 47% 92 *87 —Jan-July 1961 lACoiombla Mortgage Bank 6%s Cundlnamarca Paulo 8s A6s *87 Aprll-Oct fund dollar bonds 1970—April-Oct 3s ext sinking 6 3% 78% 6 61/4 June-Dec 5s 1951 Ban — 1961 A6s __ 55 Sale Price continued— secured reduced 491/2 28% *47 *35 *47 (City) Stamped 35% 1961 8%s assented 1961 Paulo n>6Vis extl 50% *35 June-Dec AGuaranteed sinking fund 6s 1961 ApriZ-Oct A 6s assented 1961™——April-Oct AGuaranteed sinking fund 6s 1962 _Afay-Nov A6s assented 1962—__ May-Nov AChllean Consol Municipal 7s 1960 Mar-Sept ASinking fund 6%s Last Period Low 38 Vi *47 1957 .—June-Dec ———-—June-Dec Mortgage Bank 6%s assented 1957— a %s 26% 70 35 Week's Range Interest Exchange High Ban fund dollar bonds 13 Friday Bonds cont (Republic) jfixtl sink ENDED Week's Range Friday Interest BONDS New York Stock Exchange WEEK 3s series B & Mar-Sept . Oho 1960 4s 91 91 Mar-Sept 1965 102% 101 -Mar-Sept 105% 105% 106 103% 2 31 97% 106% 74 91 83 107 19 105 % 19 103 108 Ry— guaranteed debentures 4s 1981 1965 —June-Dec *59% —April-Ocf 103 V8 69 103% 58 68 104y2 Volume 172 Number 4951 The Commercial and Financial Chronicle .,. (1457) 25 NEW YORK BOND RECORD RANGE FOR Friday BONDS New York Stock Interest Exchange or Sale Price Friday's Corp 3'As debentures I960 debentures (1947 issue) 1960 3'As Feb-Aug Feb-Aug IA Central Branch U P first gold 4s Central of Georgia Ry— First mortgage AGen series A mortgage 4'As AGen 4'As mortgage Central RR Co N of ■ series 1 Jan B Jan-July 2020—_May 2020—May Jan-July A Jan 1 mortgage 3'As 1987 Central New York Power 3s 1974 No. Low 1013A 101'A 105 68% 101'A 83 69% *73% 74% 58'A 56 % 58 'A 54 % 53 % 55 ___ApnZ-oci 33 : Delaware Lackawanna New 100 First and First mortgage refund 70 % 64 75 39 59 220 40'A 55 103 7/a & series series Fibre A B 1974 Feb-Aug Feb-Aug 1968. deb 3s 105 7A Refund and Refuel and impt & A aiv Second M 37As series H first consol consolidated gold gold 102 18 100 General 100 104'A 103% 106% 114 120'A 112 114 20 25 . 1958 Mar-Sept. refunding 4'As series B 1977—Feb-Aug refunding mortgage 3Vis 1985—Feb-Aug refunding mortgage 27As 1970—Feb-Aug mtge 3s 1990 Feb-Aug First and First and __ 1st & ref First inc 33As mortgage inc mtge 5s conv series Chicago & Erie 1st gold 5s Chicago Gt West first 4s AGeneral 2 107% 1997 1 100 104 'A "100 B —April 1985 99 77 May-Nov A 1 moi A 2nd tgage 4s 99% 77 35 93% 36 1 127% 127% 1988—Jan-July 2038 59 % 68 4 . series inc mortgage 4'As inc 100% 1% 86 2 73'A First mortgage General 4%s 4s Paul 65 3 51% 67% Jan 2003 Apr" 54% 54% 56 22 40'A 57% 89 98% "98 — Pacific RR— A 1994 4'As inc Jan increased series B Jan conv 103% 103% 2044 Second mortgage conv inc 4'As Jan First mortgage 3s series B 1989 1st mtge 2%s Chicago St L & A ser & Pacific New 1 1999—April —Jan-July First and Income Detroit refunding 1951 61% 82 65 67.% 85 52% 70% 63% 65% "91% 94'A "1011,4 June-Dec "101% 2%-4%s mortgage 3Vas series F 1963 First 27As series G 1963 Jan-July conv 4s Cincinnati First Union City Ice & 92 57 98% 4'As 1st series 103'A 86% 81% D 72% 105 105 102 Fuel 23As E 1969—Feb-Aug debentures *110'A Feb-Aup April-Oct 1959 1966 City Investing Co 4s debentures Chemical Dow 1st Cincinnati General gold General 4s Chic _ 101 _ *100 1961 June-Dec St Louis B Wab & 106 Electric First mortgage 1st 4s trust 101% 104% — First Union El Paso 110% — ii 101 100% 110% 103 'A 100 96 97% 92 83% 92 36 102 mortgage 5'As series A mortgage 5s series B mortgage 4'As Colorado 4'As & (stamped Colorado First Fuel Gas Conn f s Edison series 4s Pwr L and 1978 First and Tire Firestone First and A 1999 ref 4'As 1951 33As A (B 98 ref M 1st ref M 1st ref M 1st ref M 2'As conv mtge 23As ser C mtge Gas El 3s of 23As ser 27/#s 27As Lt ser series 77 debs E RR 76% 2 75% 96% 66% rH o o £ First mortgage First mortgage 1954 & Delaware For Co & Power (Bait) AGreen 2%s footnotes 92% 96% 1976_Mar-Sept 1961 "93 Va May-Nov Feb-Aup April-Oct 1970 94 99'A 75 99% "99% 100% 99'A 10 73 101 104 101 "101'A 102 — 99'A 101 107% — "110'A "109'A -- 5 152 — 104 105% 106% 104'A 104'A April-Oct 111 150'A 107'A 107% "150'A __ Mar-Sept 1965 5s 2000 series 3s first Jan-July H 3'As 1971-Mar-Sept 77 76% *98'A __ 111 — — 77 % 25 93% 80 — 93 98% 99 "100 — 98% 81 "94'A __ 81 63 97% — "94 1953_Mar-Sept debs 4'As 1961 May-Nov 1959 — 103% June-Dec deposit 98% 100 100 Mar-Sept 79'A 79 6 196 Mar-Sept trust 6s 102% 104% 101% 103% *102'A 103 79'A 103 79% 59 60 *103 % 1956—May-Nov 11 — 78'A 102% 104 Bay series & 1969 mtge Mar-Sept 196f%May-Nov 23As B 1952 1st 1973 D Jan-July Jan-July Jan -July : 1976 debenture West ctis 92 3A 88'/a 95 101% 101'A 101'A 101 »A 103 104 % 103% 104'/g 103% 107% 128'A 128'A 125% 122 118 92% 3s Feb debentures Ohio 1959 series 4s 3%s 2044 Jan mortgage 96 87% 79 80 1 20 21'A 21 103'A 94'A 97% 67 95 "102 20 75 7% 21% 102 104 103% 103% 105 106 1976 1 74 85% 102% 102% 1 100 103% 69'A 45 61 74% 99 100% 83 83 69'A 83 68 % *__ Jan-July 1st mtge 1978 3s April 102 99% May-Nov __ 99% 2 104% 104 'A ApriZ-Oct 104'A Jan-July 104 105 June-Dec 102 102 1969 23As mortgage B 1968 Utilities 2%s mortgage 86 "75 ' 102 % 90% 947/g 95 Jan-July 5s inc debentures "92 $ 95 125 102% 95% 99 99 129 96 "99'A 100 April-Oct series A July 2015 April refunding 33As series D 1969—April-Ocf trust 122% RR— inc mtge 122 Feb A refunding 4s series B 1975 mtge Collateral 106% G certificates B & First and 105% 62% first series Corp Mobile Gulf 3s 45 debentures Co Ry Co— series ADebenture First oo — 5 107 — 1979 23As 1980 June-Dec — — " 78 105 "104'A 102% 106% 108 Va 107% 107% "100 103 103 25 104% 104% 103 'A 100'A 103 - Hudson 98% "105'A 105% 116 107% 12 - v 100% *104% May-Nov April-Oct Mar-Sept ■ • ■:'A, > 108'.8 • 140 - 103 Jan-July 1966 May-Nov 98 100% 100% 103 % 104 106'A 106% 110 140 ill 07% 110% 1942 June-Dec June-Dec 1952 104% 104% 1104 105 1103% 106% "103 105 1103% 106% 108 109 1106% ;_ 26 101 'A 101 'A 5 101 % 104 103 103% 79 102'A 106 6 102% Bell 29'A 92'A 54-A 39 % 39'A 19 29'A 40 June-Dec 37 'A June-Dec 29 37 'A •36 34 mtge 23As 1975_April-Oct First gold gold First 1978 series Collateral Refunding 74 71% 74 188 63 74 44 41 45'A 488 27 45% 1981_Jan-July 101 'A 101% 8 100'A June-Dec A 106 % 106% 1 106 lJu% 104 106 1978 100 Purchased Refunding trust Omaha 89 y2 Illinois 23'A 32'A 37 «A 102'A 100'A . refunding series 4'As Ry 4s 4s 95'A 100 ft 5 103% 2 >105'A 106 95'A 95 100 & 100 ft 37 88 2 100 "102% Feb-Aup "10043 97 A 101 % 100% 102'A 102% 100'A 101% 100% "10037* 101 100% 100% 100% 101% 100'A 101 'A "100J3 1951_Jan-July Feb-Aup Feb-Aug r 102% 105% 108 100'A "100'A 101 100% "101'A 101A 102% "101% A 1963 series C 101'A 102% series A series A series 5s B 66 101% 103 7 98'A 97'A 98 6 92% 98 97% 97% 25 96 99% 99% 42 81% 100'A 4 6'A 40 32% 47% June-Dec 105'A 105 % 106 1963.June-Dec 102% 102 series D 1963_June-Dec 1970——Jan -July 97% "93 1986— June-Dec 93 100'A 106% 103 96 Northern RR— 1952 Adjustments 6s series A July Inter 104'A 104 'A Jan -July 3s 1951 first gold 3y2s gold 4s 1951 mortgage (International Great gold 106 101% and Chicago St L & N O— Terminal 5s 103% 1 106 104'A Jan-July first 104 10 102'A Jan-July 1951 3s 102% 103% 104% 101% 101% "102 'A 1043A Jan-July gold 3%s 1953 gold Indianapolis Union Ry Co— Refunding and imp 2'As series C 6s June-Dec 101% 1952 1956 series C 1956 Jan-July April-Oct Jan-July Jan-July 99 % 46% 98% 46 94 94'A 10 75 94'A 94 95 22 75 93 "94 96'A 79 Rys Central America 1st 5s B 1972—May-Nov 79% 24 101'A 101% 7 95'A 95% 100 105 3,4 105'4 103 3A first refund 5s and 101 1951 Lines refund 101 100% 1951— 3s Registered First 100% "100 43 Feb-Aug 1950— gold Springfield Division Joint first "10044 May-Nov Div & Term First 35 3A first 3'As Wfestern 105 100% Jan-July May-Nov gold 4s 1953— Division 39'A 30'A 1952 St Louis Div and Term gold Gold 102 "100.(4 May-Nov 3'As 5s 1955 43As 1966 Div Louisville 108'A "105 April-Oct April-Oct 1951 1952 4s Bridge gold 4s Litchfield 108 May-Nov 1974 ; 3'As "105 May-Nov Jan-July Jan-July C series 1951 gold lines 50'A 33 y. 33As A 1979 ser 1955 4s 31 38 103% ■ 1978 1965 extended Dave 100% 97% _Feb-Aug 1957 23As series 4%-3%s gold trust 47'A 37 "A June-Dec 88% 97'A 1951 3'As 81 Jan-July A debentures 4s 4s first Extended AFirst 102 101% 18 97'A April-Oct A series B 3s mortgage AFirst 102 A Telephone mortgage Illinois Central 99'A *87'A Jan-July Jan-July 128'A 99% Illinois Central RR— 103% "52'A 39 3» 100% 1 5 I Illinois 124 99'A 119 126 100 Consol mortgage 5%-3%s series B 1979—May-Nov 102% f 103 1 . 987/g 100 126 100 100 June-Dec 102% 102% 102'A • 5s 1962 A ser Consol mortgage 105 2 • 117'A -- first 5s 105% "104'A 105% , ' fund Manhattan & Debenture Jan-July first sink 101% 99 7A . 26 107% 107'A *104 Corp 102 __ 104 % 104% - Finance Hudson Coal Cairo April-Oct 5'As Household 102% 4 100% "99 Mar-Sept 100 100'A 100'A 116% 1976_ 1999—. _Jan-July _Jan-July 23As 1970 105'A 99'A 11 — "98% ' ■ 2%s mtge 107 __ "102'A 104% • first 107'/g 1 105 100 »A Water Hocking Valley Ry first 4Vis AAdJusted income 5s Feb 1957 99 7A 100'A — 102 7A 102 ; 105 April-Oct first H 101% 102% 2 105% 106'A Jan-July 1st mtge 3y«s first see 106 Va 1982 Jan-July mortgage 2%s series Q 2010——Jan-July mortgage 2'As series R 1961—Jan-July Greyhound 108 — 1976 gold Hudson 102% Jan-July 13 77% 1057A ApriZ-Oct Dayton Union Ry 3'As series B 1965 Deere F) 5'As Collateral 1981 3s 3 28 2000 A Lt 104% 105 May-Nov General mortgage 3'As series O General mortgage 23As series P 108% D & 67% Jan-July AFirst Power 3 1990 105'A City— § A Deposit receipts 5A7'As series A deposit deceipts 1946 §A6s series B deposit receipts 1946 Dayton 73 mortgage 3'As series N 1067A 25 107 . May-Nov 1962 5s 73 General 7 ' 102'A 102'A 107 June-Dec 1981 T U Ry receipts first 120% 68 5s 9 106% 102'A 1027A 102'A 1979_Jan-July 1976 R Northern § A Deposit 98% "101% 1972_.June-Dec 1963 Bait & Q ser ser 101% 110 11 4%s First 1977_AprfZ-Oct Crucible Steel Co of Am ACuba 98'A 105% 105% B debentures 23As B 101 75 General Consol Consolidated Natural Gas 23As 1968 Consumers Power first mtge 27As 1975 Continental Baking 3s debentures 1965 jACuba »A 105'A ser mortgage 4y2s 1st 1961 4 50 74 General First and 1982_Mar-Sept refund Consolidated 2s collateral Great Northern 107% 106 A refunding 3s series D 1972 General 100'/2 57 106'A 107'A 108 ser Co 4'As first Rubber Coast income conv Goodrich 106 17 108 23As and Gas 113'A 114'A G General Jan-July 1961—Feb-Aug April-Oct and Consolidated 101% 101% 113% June-Dec General Realty & Utilities Corp—- First First convertible 101% 1995 refunding 5s series A 1974 Sugar 88% ApriZ-Oct First 3s 103% June-Dec mortgage Certificates of Francisco 107% 65'A 106% mtge 2%'s refund 93% 108'A 100% Mar-Sept. 4s 3'As series G first & East 80 ApriZ-Oct fund mtge refund 87% 104% 14 ser A Jan 2015 April mortgage 3'As series E 1964_April-Oct mtge 3'As series F 1990 Jan-July Division 105 June-Dec 1999 sink refund 1 12 100% 100% Co— Ohio 2 — Feb-Aug Consolidated Cigar Corp 3'As 1965 Consolidated Edison of New York— First 92% 105% 105 >A 1977 mortgage 11 June-Dec 1977: N debentures debentures River 83'A 92% April-Oct consol 88'A 1964—ApriZ-Oct ._ series Ry & Lt 1st and Conn 99 Va 100% Georgia div first 5s 1956_May-Nov first cons gold 5s 1995_Jan-July First 105% 54 Co— 3s fund 92'A 95'A 65 105'A 1979 mtge 88'A Feb-Aup Columbus & South Ohio Elec 3'As 1970—May-Sept Columbus & Toledo first external 4s 1955_Feb-Aup sinking 33 June-Dec 23As consol 105 % 1975— mortgage 3 81'A Jan-July 1958 gold RR 2%s ser consol Hackensack B 3s 98'A 79 3A June-Dec 1985 J ser lien First 105% May-Nov trust series 3s 98% 72 April-Oct 1980 coll debentures 23As 89% 59% — ApriZ-Oct 1975 First 75 v A mortgage 98'A 80'A 1982_May-Sept 1993 mtge inc 4'As 70% ApriZ-Oct 1977 series First 2 System Inc— Commonwealth April 1970 debentures Co & First consol Gulf States 1972 C debentures 3s 105 Corp— mortgage and Columbia 3s Iron 757A 107 Va 105 Jan-July (N Y) Railroad General 64% 1961—Aprii-Oct Ry— modified) & H Southwestern & General 1973 series Southern 89 Co— First 74% 105 1979_Jan-JuZy stamped 1965 A4s 99% "101 June-Dec First 74 105 7/8 fixed Elgin Joliet & Eastern Ry 3'As 71'A 1990_May-Nov 1982_ Terminals *„ ♦105 E Va Edison El 111 65'A 1970—Jan-July Cleveland Short Line first gtd 4%s Cleveland 86 — 100% 89 1977—Jan-JuZy 1991_Jan-JuZy 4s Illuminating 3s 3s 76% 84 fixed Tunnel & 2.35s Light General June-Dec Div St Louis Division first coll Cleveland May-Nov April-Oct 1995 4s — Ry— 1993 Mich 4 104 101% 92 — June-Dec Refunding and impt 4'As series E Cincinnati 84'A 1977_June-Dec 104 100% 30 " "99 June-Dec 1993— series 5s & first mortgage 2%s General Cleveland 1985 27As trust debentures gold General series 2%s 84'A 63'A 106% 101% 4 102 "A "102'A ■ — 103% 4 105 102% 82% 48 21 101'A 102 Jan-July 23As series G 1974 Corp B ser interest) Detroit Tol & Ironton 87 72 3 105% 106 102 mtge 2%s 1975_April-Oct 3%s 18 103% 101% 102% 102% 1952_Jan-July 1962_Mar-Sepf 1978 gtd 74'A 100% 102 ■ Terminal— mortgage First mortgage CI T Financial 87 — 66 — 80 -- Jan-July mortgage Cincinnati Gas & Elec First mortgage 27As 50% — "85 Jan-July First refunding 66'A 74 May-Nov 23As series I mtge 23As AFirst and 1994_Jan-July 1994 Chicago & Western Indiana and 104% Ry— Chicago Union Station- First 551 99% 100 — June-Dec Southeastern mtge 1985 (3% (3% series Terminal (Florida & 23/4-4'/4s 72 — Jan-July 5s Memphis Division 1st gold 4s 1951 Chicago Terre Haute 78 % 64% 74 RR— 1980 Orleans 99 7A 78 66% April May-Nov 2042 1 A ser A First 1 Chicago & North Western Ry— Chicago Rock Island 4 78 2019—April 89'A 56 y# May Western RR— refund Mack & ASecond Erie Jan-July A ser & ref East Tenn 65 A & series mortgage 81 65'A High Lake— 3s and convertible Detroit 5s Chicago Milwaukee St 89'A Low 88 65 — 89'A 1973_May-Nov 95 % 88 April Jan-Juij C 78% 5 1983 1956 Range Since Jan. I No. 127% 93% Jan 4s series May coll contingent Edison Duquesne 87 April and Grande Salt & General 61 A ser Chicago Indiana & Southern 126% 101'A 93 Chicago Indianapolis & Louisville Ry— A 1st 99 6 __ 57'A May-Nov 1982 series 4'As Jan 59% mortgage mortgage series Detroit 110% 102'A 102% RR— moitgage 112% 107% 107% -- Chicago & Eastern 111 AGeneral 110 4 102% 99 5s 4-6s Income mortgage 3s Ill'A 111'A 107% 99 trust & Rio Denver Gen 4s and Sold High Div 1% contingent interest) 1993 mortgage series A (4'A% contingent interest) 2018 Chicago Burlington & Quincy RR— First Bonds division mtge & coll tr 4'As First 103% 102'A 103 1989—Jan-July Jan-July Friday's AIncome 104 % 105 1989 M Western & Power & Light 3s 1973 mortgage and coll trust 3Vas Denver 133% 129 101% 102% — refund Essex mtge & coll tr 5s 1st 103% 124 "110% 102 'A or Bid & Asked Co— Delaware 104% 3 120 1973—June-Dec 4s 4s 104 101% *114Va 127 Mar-Sept impt M 3'As series D 1996—May -Not; impt M 3'/2s series E 1996_ -Feb-Aug and 101% __ "102',4 103 Chesapeake & Ohio Ry— General gold 4'/2s 1992 Refund 1 ■ "104% . Week's Range Pennsylvania Division— , First 103% 103% — 1965—Jan -July Western RR mortgage due 1993 & Collateral 1st *103'A 104% & Lackawanna and Morris First 3'As 35As Paper York First 62 ; Sale Price Low 140 . Last Period High 100'A 2 Interest New York Stock Exchange Pacific Ry Co-— Champion R High BONDS Jan. l AIncome 68% J— General Central "100 Range Since Sold 100% 100% "101 % 1948—June-Dec 1995 series 13 Friday Bonds Bid & Asked Low Celotex OCTOBER Week's Range Last Period WEEK ENDED 1963 102 06 96'A v 17 101 101'A 102*2 Maw-No* 106'A 101 April-Oct 27 106'A June-Dec 104% 90 99% j Jamestown Franklin & Clear first 4s 1959_June-Dec Jersey Central Power & Light 2%s 1976—Mar-Sept 101% 70 100% 80 103% • The Commercial and Financial Chronicle (1458) . . Monday, October 16, 1950 . NEW YORK BOND RECORD WEEK ENDED OCTOBER 18 RANGE I OR Interest New York Stock Exchange Last Period Ie Price Bonds Friday's or Bid Si Asked Low Sold Jan No. High Low . J *82% *100% — High 82% „ 103% First mortgage 2%s 1978 June-Dec 1st mortgage 2%s 1980 June-Dec Kansas City Southern Ry 4S ser A 1975 April-Oct First mortgage 3%s series B 1968June-Dta Kansas City Terminal Ry 2%s 1974 __April-Ocf Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky 6c Indiana Terminal 4%s Stamped Plain 20 104% 105 30 103% 103% 105% *100% 102 *115 % lUi 102 *• *100% -- — 27 — '•II *176 tAKreuger 6c Toil Mar-Sept certificates 5s April-Oct 1959 66% 186 69 Va 71% 272 58% 72% 78% 79% 130 64% 32 Y Central First Lake mtge Shore 3%s 8c RR sink & 3Vis II II 97 registered 3%s South . % N Y 102% 105% N Y Dock 1 % 1% N Y & % first 1997 gold 1968 3'/2s June-Dec *95 Harlem 94% ...June-Dec 94% 86% — 95 First 91 AGeneral First ref 5s stamped 1954—.. & ref 5s stamped ref 5s stamped 1974 Valley Harbor Term First mortgage Lehigh Valley General to A 4s Series B 1984 *99% 99% • __ N 101 Power Y & State Electric 83 83 1 81% 85% N Y 79 79 79 2 73% 80% N Y 78% 78% 79 39 67 79% 82 Feb-Aug 81% 82 11 69% 82 Series 1974—Jan-July mortgage 2003 fixed Interest 5s Miami Lorillard contingent general (P) Co debenture Louisville 81 First 6c __May-vnv A series A 63% 68 2 55% 70 74% 13 62% 74 % Niagara Falls i»i«y 53% 53% 53% 31 33% 55% Niagara Mohawk May 58 57% 43 36% 59 May 63% 62% 58 63% 44 40 64% debentures 5s Nashville 84 84 Feb-Aug 1962 102% Feb-Aug April-Oct mtge 3%s *._ 102 .V, refund mtge 2%s ser G 8c refund mtge 3%s ser H 2003 second gold Cincinnati Louisville Gas & Norfolk 84 123% 102/, 60 105% 102% 57 102102/, 1 103% 103% 102/, f 105% 102% 8 105 % Elec 3s Div 1st 1955 2%i mtge 16 89% 87% 15 79 % 102% 102% 95 99 86% April-Oct Mar-Sept 1980 4s 98% 15 99 95 May-Nov 95% *107% 1979-May-Nop — . . 4 92% 100% 91 104% 95% •»«* — 109 103% General 4s 8c Macy (R H) 8c Co Central First 27/8s debentures RR 4%s series mortgage & A 1972 *101% June-Dec Manati Sugar 4s sinking fund Feb 1 1957__May-NoT (Southern Lines) 4s 1959 May-Nov May Dept Stores 25/8s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 27/8s 1974 May-Not> First mortgage 2%s 1980 Feb-Aug Michigan Bell Telephone Co— 3 %s debentures Jack 1988 April-Oct 6c 1951 First 3%s mortgage St Paul 61 Saulte ext St 1967 Missouri-Kansas-Texas lien 5s series 40-year 4s series Prior lien A Cum 4%s A 5s 1940 1967 April-Oct 1971 199 L. AFirst Mohawk and 5s and 6c Morrell gold 1978 A ser Jan 1967 5'/2s series A gold 5s (John) first 3%s lien Collateral Co, & gtd 3s 106% 107% 4s 1981 100% 103 78% 88 8 107% 102 — 102% Chat%nn""a '• 25/8s * 103 3s debentures Nat'l Feb-Aug Feb-Aug 1958 — 70 % — *102 " 5 71 21 103 88% 95% 95% 55% 102% — Distillers 5 109% 78 3%s debs 3s 59% 77% 95 18 90 98 97% 84% 99 74 93 75 1 __ 108% 92% 72 % 102 87 86% 108% 109 y2 104% 51% 109% 131 63% 88% 149 92% 109% 109% 109% 51% 93% 70 87% 108% 109 94 24 110% 52% 617 33% 52% 109 % 109% 6 93% 110% 92% 109% ' 108% 108 109 6(1 Va ;! - - *103% *100 54 66% 1 101% 56 99% ... 61V4 60% 61% 26 92% 92 Va 92 % 4 90 V2 , 102% __ 90 90% 98 98 28 1 *104% 105 % 67 ! 104 102 53 62% 75% 93 72 90% 97% 105 England Tel First 3s guaranteed debentures 3s debentures Tel & 95 % 101% 101% 12 June-Dec 105 105 *_._ 105% 1974__Aprii-Oct 1 4Vis series B 1961 .May-Nov Mar-Sept New Jersey Bell Telephone 3Vis 1988,— Jan-July New Jersey Junction RR gtd first 4s 1986_Feb-Aug New Jersey Power & L ght 3s 1974 Mar-Sept New Orleans Great Orleans & Nor 5.s A 1983 Northeastern 99 % 105% Orleans tNew A Term Orleans AFirst 5s 5s AFirst 4Vis ACertificates For footnotes 4s - D of see 106% 106 104% 100% 102 3 115% 119% 105 2 104 106 103 105 105% 107% *103 * — 105% % 105 ' 106 % -*85 *104% — __ 101 1956 (Wisconsin) 4Vis deposit page 27 *71 100% 106% 52% 41 53 25 25 15 13% 85 71% 100% 101% 106 26 106 17% SO 100% 103% 104% 5 107% 104 106% 105% 107% 100% 5 104% 104 Va *105% 106 100% 100% Jan-July inc 2014_April-Oct 4s 1996__April-Oct 1974 Mar-Sept *91% 128 V2 A ser 102% 87 85 126 133% 114 117 107 109 H 00 25 __ *108 Mar-Sept 1974 95 127% 129% *118 5s 105 ' — 3 105 5 112 99 107% 63% 66% 128 60% 70% 64 % 65% 64% 3 59% 66 80 91% 2047—Jan-July C 2047 Jan-July 88% 87 89 8 95 95 95 23 87% Jan-July 95 94 % 95 15 88 104% 105 79 101 105% 101% 103 A ser Mar-Sept 104 % Feb-Aug April-Oct 1974 1975 1978. 1979 101 3s 101% 101% Jan-July Feb-Aug April-Oct - mortgage 25/«s first — 108 % 109 97% 96 Co— 2%s Bell 108% Quar-Feb 1975 Power mortgage Northwestern 15 Mar-Sept 1980 4Vis mortgage 1977 1979 ? 2 101% 101 % % 2 100% 103% 1017/s 102% —— *100% 101% *95 99% *__ -- 101% 99 09% 101 — 102% Mar-Sept Telephone— 2%s debentures 1984 June-Dec O Ohio guaranteed Edison first 103 23/4s 27/8s mortgage Gas 1948 4s mortgage mortgage 1st mortgage Pacific 1974 1980 3s Gas 106% 99% 102% 13 *_. 1007/s 103 103 *__ 101 100% 27/8s 10-% 103 103% 102 104% June-Dec 1980 May-Nov April-Oct 103% Electric & 68 Co— June-Dec *106% refunding 3s series J 1970 June-Dec 104 Va First & refunding 3s series K 1971 June-Dec 3s series L 1974 June-Dec 104 104 1979 June-Dec 105% 1977. June-Dec 103% 3Vis refunding First & refunding First & refunding First & refunding First & I series 1966 3s series M 3s series N 107 104% 105 % 12 102% 106% 103% 104% 21 103% 106% 102% 99% 1980 June-Dec 103 % 102% 103 % 13 101% 1983 June-Dec refunding 27/8s series T 1976 June-Dec Tel 103% 12 refunding 3s series S & 37 104% 100% 100% & 1st 106% 100% & June-Dec 1982 *104% 105 % 104 103 105% 1 103 106% 103% 102 Va 103% June-Dec 1985 1986 100 Va 100% 100% 21 98% 101% 102% 102% 102% 10 100% 103% 104% 106% 106 107% 3'/as debentures 1987 April-Oct 105 105 5 3 V4s debentures 1978 Mar-Sept 106 % 107 11 3'/8s debentures 1983. Pacific Western Paducah 1st Pennsylvania-Central A 3 % convertible s Pennsylvania Mar-Sepf . Oil 3'/2s debentures & Illinois 104% 104 % 6 104 April-Oct 2%s debentures 27/8s debentures 106% 103 % June-Dec First 107% 103% 104 7/8 1981 refunding 27/8s series Q refunding 3%s series R Pacific Tel & 105 104 Va 23/4s series P f s *104% 105% 104% 106% 1964—June-Dec *101% 101 Va 101% 4%s 1955__Jan-JuIy gold *103% 103 % 104 y4 Airlines— inc debs Sept 1 1960__April-Oct ctfs 1952__May-Nov 75 75 65 Co— Guaranteed series 4s E Pennsylvania Glass Sand trust 3%s 102 102 1960_—June-Dec 102% 101 %' 104% *102 102% 103 % 102% 105 % Pennsylvania Power & Light Co— First mortgage 3s 1975 sinking fund 4%s 4Vis series A General 4V4s series B 4s 114 Va 22 105 104% 105% 72 99% 108% 108% 103% 23 102 Va April-Oct 3Vis series 114 June-Dec 1981 D 114 June-Dec 99 % 99 % 42 90% 101% 99 98% 24 91 101% 1984 __Jan-July 1985__ Jan-July F 100 99% 112 1960 86 86% 12 76% April-Oct 68 67% 68% 12 52 April first 4s external April Feb-Aug 1965 4V4s series E mortgage Eastern & A Income 1960 1968—«. series General mortgage General 5 103% 103% — RR— 5s Peoria April-Oct 23 22% 23 38 14% 102% 103 10 99 1990 Pere Marquette Ry 3%s series D 1980 General 5s General gold First & B 4%s 1974 series • •' • 115 106% 111% 87% Mar-Sept 102% 68% 23 104 C Feb-Aug ___Jan-July 1977 1971 June-Dec j.04 Va refunding 23/4s 1967 May-No® refunding 2%s 1974 May-No® refunding 2%s 1981______—June-Dec First & refunding 27/8s 1978 Feb-Aug APhilippine Ry 1st sink fund 4s 1937__Jan-July ACertificates 41 99 22 99% 103% 2%s of Petroleum 100 99 Vg conv debs 23/4s 99% Pittsbgh Bessemer 1964 1975 & -- 102 12 — 101 % . 111 101 Lake 1 —— • 101% 22 *102% 103% • 104% May-Nov Erie 27/8s 1996_June-Dec ■ A 12 71 10% 19 3 105% 111 *100% -- 1g3 j8 103% 103 i 11 104% 101 100'% ' 102% 102 % —— 110 v's 100'% 14 ■ 104 % 7 6% 102 251 104 % 99 — . 10? 118% 107'% 101% 101% *101% ■ Feb-Aug 19 10% 103% 111 100% Pittsburgh Cincinnati Chic & St Louis Ry— 97% 39 110% 10 debentures 97% Consolidated guaranteed 4s ser F 1953__June-Dec 97% 101% Consolidated guaranteed 4s ser G 1957__May-Nov Consolidated 99% 100 102 101% 101% deposit.. ' *— 101% & Phillips 110 109 % & & 101% . *114% 110* Co- refunding 2%s First 100% 100% series Philadelphia Electric " — 104 % Feb-Aug 1975. refunding First 101% 100 102 11% 13 May-Nov 2%s 1979 & 103% 8 100% 101% 1 100 32 *100% 100% &c 106 6 100% __Feb-Aug 18 104 % 104% Mar-Sept April-Oct First 100 % 102% 103 101 % __ 17 Jan-July 3s 1975 Electric & mortgage First — 12 102 % 102% April-Oct 1954 104 25 *50% 15 Quar-Feb 3s 104 __ 101 Feb-Aug ; 101% 1 70% 102% 115% 115% - 1952—Jan-July 1953—Jan-July 3% 57 Philadelphia Baltimore & Wash RR Co— 115% deposit A 104% 103 101% I- __ April-Oct deposit of 12 Ry— 1956 of 5Vis series Jan-July 96 103% 104 % ■ 101% *102 % deposit C series ACertificates AFirst gtd Mexico A 1954 of series ACertificates & B Certificates AFirst first Texas series 93 101% RR— Refunding & impt 4Vis series New . 103% 103% *— May-Nov —April-Oct 9% 103 10 70 104% 104% May-Nov 2047 mortgage • 103% 1974 New 1 . Co— 1932.— 1943 first mortgage 23As Consolidated June-Dec New 100% 100% 69% __Jan-July Feb-Aug 2047 trust Pennsylvania Juiie-i>cc April-Oct 1% Jan-July First 99 108% 109 2 1965 5 37 First 6c 88% 45% 95 % Supply 2%s debentures 1967 Naugatuck RR first gold 4s 1954— National 82 3 *100% 101% _Quar-Jan Jan improve General — 6 % 2% 71 103% 8 89 Feb-Aug 1970 6 Va Jan-July Quar-Jan First General atus first mtge 1977 Oregon-Washington RR 3s series A1960 t0»« 1986 6 % 3 Feb-Aug 2%s First 120 96 *__ May-Nov . Products 104% *101% 104% 1992__Mar-Sept First 88% *-_ May-Nov 1986 1970__-_, National Steel Corp 101V» 1 106% • 106% 106% April-Oct °t 54% *-■> 102% 105 V4 *102 — Mar-Sep| 1966 1978- mortgage 3s series B National Dairy frouucts 2%s 40 V* 1977 States Oklahoma 1 3 87 92% April-Oct 1991 B First 62 412 Ry first gold mortgage 1st __ N Nashville 370 53% 104 % 1 108% 109% 1980__April-Oct debentures Tel & 69% 52 102% 102% 57 1955—May-Nov debentures 68% 53 % 101% 100% 87 90% & Essex first gtd 3%s 2000 June-Dec Construction mortgage 5s series A 1955„May-/vou Construction mtge 4Vis series B 3 '/os 102% — 106% 106% — 56% Morris Mountain States Tel 69 Va Ry— 3s (Minnesota) 8AFirst 90V2 1949—May-Nov H ser series 83 100 tOgdensburg & Lake Champlain Ry— 56 Vi 1965 refunding 5s series I Malone Ry 9 103 % 99% Co— RR refund Monongahela 5 102% 102% *__l — May Feb-Aug AGeneral 4s 1975 Mar-Sept AFirst and refunding 5s series F 1977__Mar-Sept AFirst and refunding 5s series G 1978—May-Noo AFirst 100% 100% ■„ May Jan-July Jan-July Jan-July refunding 5s series A I AConvertible 97% June-Deo 1962 D 73% 100 72 RR— series Pacific AFirst and 88% 50 Marie- 1962 B adjustment tMlssouri 94 70 101% 101% Jan-July Apn'Z-Oct First mortgage 4%s inc series A Jan A General mortgage 4s inc ser A Jan Missouri Kansas & Texas first 4s 1990 Prior 98% *99% Jan-July 1969___Mar-Sept Mar-Sept Mar-Sept 1969 debentures first 19 Refunding & improve 5s series Refunding 6c improv 5s series D 2047 79 88% *92% 1979 1969_ Minnesota Mining 6c Mfg 2%s Minn 68 1 May-Nov 3%s sinking fund t§AMidland of N J 83 1997 registered First 8 Mar-Sepf 1952__ Refunding 81 tmpt 4%s series C Michigan Cons Gas first mtge 3%s First mortgage 2%s 75% 82% 95% 94 Jan-July June general & ref registered First Sag 3%s First gold 3%s 102% 79 98% *56 ■ Central— Lans 101% 79 98% —— 1954__June-Dec Manila RR Michigan 68 % 82% Co— convertible First May-Not i960 4s series B con 3 Corp— First Maine 100% 75 1963 refunding 4Vis 4s Refunding 6c M 95% 100% __ 101 Va 100% 1966 2%s 5s Pacific lien General F 101 99% series A 2022__May 2%s 3Vis Ry mtge Western Northern 107 101% __ noo% 2%s 1975-Mar-Sept gtd 4s 1993—April-Oct 5s Power Central Northern Prior 61 10012 May-Nov 4s 3Vis gold mortgage 8c Northern 102 % 9 *103% F 2003 ser 81 Div 121 20 1940 Power Southern 3s First 6c Norfolk RR— First Knox 74% 2 102% 102 May -Nov June-Dee 1951 84 ♦121 Apr(l-Oct April-Oct 2003—ApriZ-Oct Louis General AGeneral Aprll-Ocf 100% Telephone 2%s series D 1982 Jan-July Refunding mortgage 3 Vis series E 1978__Feb-Aug Refunding mortgage 3s series F 1981 Jan-July 62% 2003 10012 Y 73% 2003 1952 5s first 67% 64% 90 mtge Gas 6c gold 74% 50% 97 4 100% refunding 5s 1937 gold 4Vis 1937 68 16 100 2 93% June-Dec first Corp 5 99 Susquehanna & Western RR— May-Not interest series 4s 7s ref first consol May-Hoy 2003 1963 refund Steam Y § AFirst N Lehigh Valley Terminal Ry— First mortgage 5s extended to 1979 Lexington 8c Eastern Ry first 5s 1965 Liggett 8c Myers Tobacco 5s 1951 ALombard Electric Putnam 104 104 99 93 % 75 1954 4s Light first 8AGeneral bonds— 4%s contingent Interest 2003 F & 104 "99 1955 Y 63 Chester— Port mortgage 4s 66% 52 RR— inc 4Vis Y Ontario & West AGeneral §ATerminal fixed Interest & 52 11 c99 itASecond to Series D 4s contingent interest Series E Atl 97% tN 4V2S fixed interest 2003 Series C 5s St First 97% 94 RR— consolidated Series River 66 62 May-Nov conv N Feb-Aug Railway— mortgage 4%s extended Lehigh 3s 90% 3 11 Valley First Little 97 tAN Feb-Aug i 92% 96 Ry— extended 5s 92% -- _____Feb-Aug 1964 6c First Lehigh 92% mtge 65% 61% May-Nov refunding mtge 4s ser A 2007 Harlem AFirst mortgage income reg 1975 June-Dec Lehigh Coal & Navigation Co— Sinking fund mortgage 3'/2s ser A 1970_April-Oct Lehigh Valley Coal Co— & & 62 Jan-July Hartford & 51% 62 85% —Jan-July 1973 A 1973 Haven 84 3 90% — New 78% 65 64% May-Nov 2043 Y 70 52% 104 Feb-Aug 2043 B 70 14 78% April-Oct 1951. West 4s series series 65% 29 S3 65 April-Oct 1975 gold 3Vis 2000 4s 6c ■•'60 Feb-Aug series A Y Lack N Lautaro Nitrate Co Ltd— First 3Vis 64% 65 Louis— Mortgage 4s series B N 1997. June-Dec ; gold 4s •*— Feb-Aug Feb-Aug 1998_Feb-Aug 1998 Connecting RR 27/8s series B 4 Vis A ser 3%s mortgage 3s series F 1986 181% ~5 102% 102% % First 100 81% Jan-July registered 1998 Chicago &c St 176 81% _—Jan-July 1997__. gold 67% RR— 1977 collateral York New Terminal- fund Mich River 3Vis mortgage registered Shore Mortgage Dock Hudson & registered 1998 Michigan Cent collateral gold 115% L Lakefront 1998 A Refunding mortgage 3'As series E 1980__June-Dec Jan-July 1961 55 High Co— series 4s 3 Vis Jan-July April-Oct unguaranteed Low 78% 3 Vis 101% Jan. 1 NO. 69% 40 100% — Range Since Sold 65% Lake 103% 114% „ *40 Jan-July 1961 Vis 101% RR Bonds __Feb-Aug 106 2 104% 104% — Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mortgage 3s 1964 4 Central General 101% 101% 104% ' 1961__Jan-July 1961 York High 65 Va N 101% Friday's Refunding & impt 4Vis series A 2013—Aprll-Oci Refunding & impt 5s series C 2013 _April-Ocl 82 % 100% — or Bid & Asked Low Consolidated June-Dec Last Sale Price Period New York Stock Exchange New April-Oct Interest BONDS Range Since K Kanawha & Mich 1st mtge 4s 1990 Kansas City Power 8c Light 2%s 1976 Week's Range Friday Week's Range Friday BONDS guaranteed 4s guaranteed 4V2S 100% 104% Consolidated 100 101 % Consolidated guaranteed ser 4%s H ser ser *103 __ - *107% 108 1021% ■ — — ' 1960__Feb-Aug I J *104 __ 1963.Feb-Aug *113 -- 1964_May-Nov ■> — 112 — 103% 106 107% 103% 104 111% 113% 111 113% " Number 4951 Volume 172 . . Commercial and Financial The Chronicle . (1459) NEW YORK BOND RECORD RANGE FOR WEEK ENDED OCTOBER 13 Friday BONDS Interest Week's Range Last Period New York Stock Exchange Sale Price Friday Bonds Friday's or Bid & Asked Low Sold Range Since Last Period Sale Price New York Stock Exchange No. Low 100% 100 109'% Low Pittsburgh Cine Chicago ft St Louia RR— General mortgage 5a aeries A 1970 June-Dee General mortgage 5s series B 1975 April-Oct General mortgage Coke Pittsb 108 % 109 109 — 3%s aeries E 1975 April-Oct 3%s 1964__May-No© 1st mtge Chem A 109 j.' 109 87%: 87'% 3 81 102% 102% 102% 1 100 debentures Jan-July Pittsburgh Steel 1st mortgage 4Vis 1958 Pittsburgh <fc West Virginia Ry— — April-Oct 102% 103 — A 1958 June-Dec LmJ* mortgage 4Vis B 1959 April-Oct 94 % mortgage 4%s series C 1960 First First Youngstown general 5s First ' — 103 100% 102% Texas ft First 95 95'% 7 92 96% 94% 95% 11 93 96 % *94% ■ 95% • -- 90% — 96% Texas Feb-Aug 1974 general 4Vis series D Co Potomac 5Vis Elec First mortgage mortgage 2%s Terminal 4s Service Electric 111% refund M and refund M Pacific ft Texas 99% 8 101% 108'4 105 % *104 — 1956 Afar-Sept ft Gas *99 -- RR refund of New Cent ref Tri-Continental 1 103'% debentures Electric A 1964. series D mortgage 3Vis Series t A Rut-Canadian 4s tSARutland 4Vis RR 105 106 Va 101 V'a 101 Vb 101 '/a 1 100 V2 IOOV2 4 96 Va 134 1 128 Va E ser 134 100 106 102 Va 103% 1985_Jan-July and Corp 104 Vi 134 104 Vi 104% 102 97 Va 34 102'/a Pacific— 3%s impt 1974 3%s debs 2Vis June-Dec 0102 V4 9 69Vi Afar-Sept 63 34 52 26 Vi 27 % 1960„June-Deo 1961 — 61 Jan-July April-Oct 27'/2 56 21% 32% 92 97'/a Q7 5/« 100 V« 101 Va 108 Va 101 Vi 100 110% U . 151% 151'% __ *218 104% 11 251% 109% 3s ' 4 debentures 152 Union Oil 218 225 Union of 1968 Pacific stamped 25 2Vis Refunding mortgage 2Vis series O )-* o o debentures 1976 J 1969 5 84% 5 103% 96 105% 103% 1967 102'/a 102'/a 93 Vi 93 Vi 16 94 l/a 101% 105 97'A 93% 16 April-Oct 103'A 101 103% Jan-July 1976 *102 *— 101 J/a 101 102% *97'/a 98 96Vi 99 April-Oct *„ 98 Vi 98% 100 Afar-Sept 95 95 89 Feb-Aug May-Nov *106% Afay-Nov — 3Vis debentures 1959 95 RR consol gtd 4s series A 1955 sinking fund series B 1957 Electric ft Power Co— First and refund mtge 2Vis ser E 1975 *__ 104% „ 107% 105 106% 107% Virginia *120'/e *106% 107 105 % 10% 10% 5 10 10% 16 107% 7 10% 7% 12% 100% 103 V'a First and refund mtge 3s series F 105 105% First and refund ' 10 % 105 Va 101% *101 Va 102 Vi 102% 94% Jan-July 103% 103% Feb-Aug 1981_Afar-Sept 1966 1970 debentures debentures 2%s Consol Afar-Sept -Jan-July 1941 of America 2Vis Corp Rubber 2Vis Vandalia 94'% 100% 101 RR— 106% S 108% 108Vi 101 1970—June-Dec 105'% 103% 103% — 1977__Mar-5epf 1949 stamped debs 104'4 2Vis 100% 100'% 2%s 102'% "" 108'/a May-Hot California Universal Pictures — 1971 Jfay-No\ 2%» 1075_April-Oct First mortgage and coll trust 150 • 104'% 104'% *103 -Jan-July 3%s Missouri 105% Corp— 4Vis 128 103 104 104Vb 105 June-De0 100 R mortgage 3Vis ,105% *106 Va 106'% — Reading Co first A ret 3Vis series D 1995 _Afay-Nov Reynolds (R J) Tobacco 8s debs 1973 -Aprll-Oct Gas C 2000 102 V'a U General M series 5s Orleans Union Electric Co of 103 Va __ Q General gold Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 United Gas Rochester 119% 1 17 — 103 y4 103 Vi 105 1970_Aprii-Oct 1990_AprfI-Oct Ave ft Ohio *127 Vi Jan-July Aprll-Ocf May-Hot series B 3%s first United Biscuit Co 2%a High 105% 99 — — Co— 1963 First and refunding mortgage 3s 1972__Jlfay-NoT First and refunding mortgage 27/as 1979-June-Deo Oats Low Jfay-Nov May -Not First and refunding mortgage 3Vis 1968_Jan-July First and refunding mortgage 5s 2037__Jan-July First and refunding mortgage 8s 2037__June-Dec Quaker Range Since Jan. 1 NO. 110 104 __ — and 3 Vis Pacific-Missouri tThird Tol 1011/4 101% Jan-July 1984 108 — — — Jan-July Feb-Aup 1983 3a debentures 1964 1st mtge 3Vis 1977 First Providence June-Dec debentures income Power 1977 Sold Orleans RR— and General June-Dec *108 -- impt M 4s series C 2019 lmpt 2Via series D 1985 3s debentures 1965 New Term 1962 Pittston 3s 102% Ry— series B general 5s series 0 First Public April-Oct Ashtabula ft and and First mortgage 4%® series First Pittsburgh 3 *101% 102'% — First series Refund Refund Texas Corp 1985 Bonds High Terminal RR Assn of St Louis— 89 102% Pittsburgh Consolidation Coal— 3%s Range Friday's or Bid & Asked 109% 7 Week's High 6 High Interest BONDS Jan. 1 * 103% 104 100 104 100 Va Afar-Sepl 1978 Afar-8ept mtge 2Vis ser G 1979—June-Dee Virginia ft Southwest first gtd 5s 2003 Jan-July consolidated First 1968— 5s 100 Va 101'A 101 Vb 101 Va *93 April-Oct Virginian Ry 3s series B 1995 May-Hot First lien and ref mtge 3Vis ser C 1973-Aprll-Oci 94% 12 99 :~ >103'/a 93% 88 95 98 Vi 99 101 104% 102% — S Saguenay Power 3s series A 1971 Mar-Sepi St. Lawrence ft Adlrond'k 1st gold Second gold 6s 1998 5s 1996—Jan -July St Louis St Louis-San Francisco Ry 1st Rocky Mt ft P 5s mtge inc 4Vis 73 1 *76 1955_Jan-Juiy 75 71 *101 -- — Second 4s lnc bond St Paul St Paul & V Scioto Duluth Union 1997 Jan-July A 97% 97 % 98% 48 90 2022—May Jan Air AGeneral 1st Depot Line 73 Va 73 74% 245 55 3 Vis RR 3s series Seagram (Jos E.) B 4s 1971 1st gtd Union 100 75 % B Southern 3s Ala 1980 debentures 2Vis debentures Southern 1971 (Oregon 4Vis 4 Vis *98% Jan-July __ *101% 102'4 . 98% June-Dec 98 101 82% Wheeling & Lake Erie RR 2Vis A 1992 100'% 102 102 % 105 series C 1970 First mortgage 3Vis series D 1967 Wilson & Co first mortgage 3s 1958 2 74 83 101 % 102% 114 97'/a 104 97% 99% 143 92 95% 97% 121 87% ser 397 100% 100'% *102'/a 103'% ' first Bell 5s gold 4s Tel debentures — 2%s 1996 1951 debs 1985 87% 97% 28 83 92% Wisconsin 95'4 2 93 121 % 121'4 10 111 97 97 90 4 102 106 8 104 100 100'/a 63 107% 66 67 29 62 Va 62 627/a 24 68% 64% 56 52 103'A 29 1027/a 103 Vi, 101% 104 Va 105% 5 103% 102 102 Va 6 10134 101A 101}} 47 99% 104 5/a 105 105 101 & 101 Vi 103% 1077/a 102% 102 7/e 105 1 102 104 102 103% 113 103 Va 115% 1017/a 9 104'/a 105 18 115% 101 V'a 104 102 Vi 85 74 107% 108 *__ 104 102 101 143 101% 102 *100 Va 101'A 103 Va 102'A 103'/a *113 Va 81% 82 Vi 64 69 73 77 Va 52% 53Vi 217 40 53% 53 — 83% 50% 40 V'a *99% 100 —June-Dec 1976 100% 99 — Afar-Sept 1979 Service 3 Vis — — 107% 105'4 *105% 106'/a Jan-July 1971 Deferred 100'/a 102 100% 103% Included 106% 107 not included the 63 40 29 96% 98 V'a 102 102 V'a 18 101% 10134 102 9 ' 99% 102 104% in e Odd-lot sale range, r Cash impaired by maturity. in bankruptcy, receivership, or reorganized under Section or securities assumed by such companies. ♦Friday's bid and asked prices; no sales being transacted during current week. ABonds 102% 100 102% ■ the not sale SNegotiability 103% *102% 103% in 77 01 fCompanies reported as being 105 10212 97'4 *99% 100 34 delivery sale not Included in the year's range, d Ex-interest, year's range, n Under-the-rule sale not included in the year's the year's range, y Ex-coupon. Bankruptcy 2 a 100% 98 99 Va *97 Electric Light ft Power 2%® 1078-Jan-July Yonkers 1 • 96'% __ 106% 105'A 4 105% 105% deposit of Public 5 63 *10212 102 Jan-July Jan-July May -Nov 106 Va 104 Va 66 Jan-July 1036_Afay-Nov 2Vis mortgage 10 100% 100'% __ 106 Va 105 108 106% 107 __. 105 109 100 Va 96% 103 97 105 *105'/a 106 % 100 & 100 Va 121% 92 Va Jan-July Aprll-Ocf 57 101 96% 106% 106% ASpokane Internat first gold 4Vis 2013 April Standard Oil of California 2%s debs 1966—Feb-Aujf Standard Oil (N J) debentures 2%s 1971—May-Nov 2%s debentures 1974 Jan-July 1966 A Certificates 92 V'a 96% 104% Afay-Nov Oil Corp 2%s debentures Co 2%s debentures 1972 debentures 1973_ div and term first 4s IASu & Du 95% Jan-July 1983 general 4s 1949 A Certificates of deposit 91 % 91 % 50 Jan-July IA First First __ Jan-July 93 Va 87% 101 Jan-July 1960 Wisconsin Electric Power 2%s 0 Jan-July 3 Ry— ^Wisconsin Central 103% — . , 1994 S B first 4s 114% A 1975-June-Dee 1961 105 Vi Mar-Sept Mar-Sept Jan-July April-Oct 3 Vis 100 110% 111% 96 Va 110% 1973 debentures convertible Wheeling Steel 101 96% & 107% 98% 12114 2 Vis 124 104% 82% 1.2 54 Va *105'A Mar-Sept Jan-July 1971 123% 101% Apr-Oct Co— Ry first consol gold 5s debentures 2Vis 93% 54 Va *105'/a 105% June-Dec Afar-Sept gold 25-year 24 105% *102% 103 V'a __ 82 V4 Jan-July Swift 99% 93 Va 101% Union Telegraph Co— 68% 103 % 97% 73 97% *105 mtge 4Vis-4s series A 1969 Apr-Ocf Pacific 4 Vis income A Jan 2014— May Gen 5 9 *100 Jan-July guaranteed 2361 85 83% *101 registered 2361 Jan-July Western Maryland first mortgage 4s 1952_Aprll-Oct 5s 1951 30-year 5s 1960 Westinghouse Electric Corp— Afar-Sept 1960 93 Va 54Va 4s Winston-Salem 1977— 1978—May-Hot 3Vis 85 73% 847/a . 101 Vi 101 Va 83 Vi 101 Vi ref 36 100% 101 Jan-July A 1971 *84 April April Feb-Aug gtd gold 3%s 2000—Feb-Aug Washington Terminal 2Vis series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec General mortgage 3Vis 1967 Jan -July General mortgage 3s guaranteed 1979—Afay-Nov West Penn Electric 3Vis 1974 —May-No© West Penn Power 3Vis series I 1968 Jan-July 2.65s 105 and general 4s series A 1956——Aprll-Oct and general 6s series A 1956 April-Oct Devel and general 6Vis series A 1956 April-Oct Sunray 25 — 105 Jan-July gold debentures conv first Western ' mtge 3Vis first Co RR 99% 101 98'% *123'% __ May-Nov RR Warren 99% 49% Devel Dlv 100 97% Devel Louis 99% 98% 8 1994 Lines) mortgage 3 Vis series B Walworth 1981— Income 4Vis series B Jan 1991 Western 1996—^__Jan-July 3Vis — 42 1986 St 5 99 92 75% 98 % mortgage 2%a series E Southwestern 100 100 Jan-July Feb-Aug debentures Dlv 110 50% mortgage 2%s series P mortgage 2Vis series G Memphis 91% 97 34 First Southern 91 50% First First 127% 93 % 1981 Pacific 104% May-Hot San Fran Term 1st Southern 103% 126'/a " 50 V4 1969 convertible 2 106 105 April-Oct 1987 4Vis 104 V4 99% 1941_Feb-Auo 7s 1985— First Gold 91% RR Gold 3s May May-Hot debentures Indiana Ry 2%a Pacific Co— Southern 104 % June-Dec 1979 2%s 122 104 % *127 gtd 5s 1963 Aprll-Oct Telephone & Telegraph Co— Bell debentures 1 *105 1989—May-Noe Skelly Oil 2%s Socony-Vacuum OH 2Vis 1976 North 105'% 105% 117% June-Dec 2Vis mtge West Shore first 4s Corp coll trust debentures 1965 & 12 Co— t§ASilesian-Amer South 105 % April-Oct 4s 1974 Oil 121'% 122 1968_June-Dec A Sons 2 Vis 1966— debentures Shell May-No® 1989_Jan-July mtge 4Vis series A Jan 201P— mtge 3s gold cons & New England Seaboard 1989 certificates Nov first mtge 4s Income series A Jan Gen First series bond certificates 4s Gen 101 Louis-Southwestern Ry— First Wabash RR Co— 75% 98% — W 104% 65 Co— mortgage 4s series A ASecond 8t 73 Aprll-Oct stamped 102 *103% 104% " — ilThese here is a Act, flat. selling issues were previously listed the on Curb Exchange. The 1950 year s shown range combination of all sales on both Exchanges. NEW YORK CURB EXCHANGE WEEKLY In AND YEARLY RECORD the following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, Oct. 7 ending the current Friday, Oct. 13, 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 Week's Friday STOCKS New York Curb Range Shares AEC Vending ACF-Brill __1 Corp Motors Acme Aluminum Acme Wire Low warrants Alloys 9% 5,200 7% July l'/a 1% 500 1 4% 800 3 250 21 Jan 500 3 Va July 11 Jan a Exchange 2 5% May Range for Week of Pi ices Shares Loio Par High July 41 __l ______ Low Air-Way Electric —3 Appliance —1— May Airfleets Inc Sep Alabama Great Southern— Sales Last Sale Price 1 STOCKS New York Curb Range Since January 1 High 9 — Week's Friday for Week of Frices Par » Sales Last Sale Price Exchange OCTOBER 13 1 __10 29 1 common..... 4 30 Aero Supply Agnew Manufacturing Surpass Shoe Ainsworth Air Inc footnotes page 3 1% , 5 V8 3% Alabama Jan Alaska Airlines Fisher 31. & Power 10% 11% 3,200 7% Jan 5% 5% 5% 2,000 4 % July 80 50 4.20% a 2,100 Jan Apr 5 11% "l 10 10 11 a It3 a 11 1.300 10 Va July 300 7V'a Jan Allied International Products 14% May Altes Brewing 13 Aitofer Sep Bros ———1 250 99% 98 preferred____100 lnc .3% 4 2,200 common 5 Co___ 1 common * 98 Oct Apr 5% Oct 'Sep 99 103'% Aug 5Va Mar 3% Oct Apr 6V2 Jun Aug 4% Jun 3 Investing Corp—1 (Mich) Jan 12 5% 3 V'a —1 common Allied l (N J) see 2' a * Manufacturing common Associates Inc For _1 Stores 41 30 Oct Alles Hat Stores Adam _ High Low 11 % . Co Range Since January 1 High 20 4% % % 20 4% ■ 250 3,600 15% July 4% Aug 5% Mar 21 Sep '4 Jan 7% Jun 6 27 28 The Commercial and (1460) FOR RANGE Week's Friday STOCKS Last Par Aluminum $3.75 of Co America cumulative Goods Aluminum Industries 67% 65 99% 99% 100 • pfd— 68% 26 • common conv 750 26 100 7% 1,050 14% ■' •—- 51% 5,300 7% 15 14% 100 gAmerican Eantam Car Co class A 1 u 14 U 1 1% 1% 1% 1 Jan 96% American Book American Class Co Cities 100 Power & 1 Class E ex-distribution American General convertible 1 9% 2 % 2% 2 Ve 2% 1 preferred American Hard American 20 Manufacturing 32% 9% 2,900 2% 5,200 2% l,70o 50 33 73% Sep 101% Mar Co.. Maracaibo American Meter American Natural Potash _ 1 - _ 5% • 6% Gas Co Chem & 76 2% Sep 2% Jan 37% Jun 10% 18% Apr 14% Apr 24,400 3% Feb 41% Mar 29 900 29 pfd. —25 class — — * A_ . 21% 34 $6 series • Oct 22% Aug Cos 18% Sep Chamberlin 5% Sep 5% Charis Chesebrough Angerman Co Inc American Co Ltd— Jan 5% July Jan 8 Sep Clark 6% 200 5% Jun 6% Oct Claude 6 100 5% July 7% Jan Clayton 13% 13'/B 13% 1,900 1 3% 3% 3% 900 1 Manufacturing Co__ Appalachian Elec Power 4%% pfd_ _100 7% 7% 8% 6,900 reg _ __ Apex-Elec Argus Inc_ Arkansas Natural Common 6% Gas class A Arkansas — Power & — _ Light $7 pfd 4%% Aro convertible Equipment Aspinook preferred.. Corp (The) 109% Jan 3% Jan 11% 4,000 11% 11% 17.500 10% 10% 900 111% 111% 70 13% 14% 1,100 39% 40 11% 14% * Armstrong Rubber Co class A 120 11% • 50 _ 9% 9% 2.50 _ 13% 13% Corp July 1,400 11% 10 5 Feb 5% 5% 10% • ___ July 2% 110% 111% 5% • common non-voting preferred 110% 1 — 9 100 9% 14% 8% July 8% July 10% 110 Feb July 12% 35 Sep July 1,200 7% 8,900 9% Jun Jan 14% Apr 3% Mar 23% 1% 1 % 1% 2,400 \l 10 84"% 82% 85% 23,800 63 % Apr July 85% Oct ——-5 10 18% 18 18 % 600 16 July 18% Oct Homes Controller 1 21% 20% 21% 1,150 4% 4% 4% 2,800 2% Jan 4% 4% 5% 40,500 1% 6% Oct Colon 113% Jun Colonial Manufacturing—-4 Co Colt's Commodore Hotel Jan Community Public 116% Mar Vtc ext Aug ok Consol Jan Consolidated 11% Electric 14% Oct American dep rets £1 reg__ Associated Laundries of America Tel Jw — * Tel & class A Atlantic Coast Fisheries Atlas Corp Automatic Steel Automatic 6fc & 2% Apr 58 % 56% 58% 4% 4% 7,500 18% 19% 5,200 100 1 44 Jan 4 Liquidating. 60 Corby Class A B Oct Cornucopia 5% 4% July 6% Feb 8% 8% 400 7% July 8% Jan Corroon 7% 7% 800 5% 9 Jun __ _ . 16% 14% 17 14% 25 —3 common 14% 250 1,700 14 July 10% Feb 22 Jan 14% Oct $1 & Reynolds Petroleum Co • ; Baldwin Rubber Co common Banco de los American (L) & Beau-Brummel Beck (A Si Bell & Blue of 3% Sep 5 % Mar 5% 12,400 9% 8% 9% 3,800 500 5% Oct 3,400 11% Jun 16% 1 % Mar 3% 35% 33% Mar 35% 200 37 % Co 9 9% 500 7 Apr 9% 22% 450 22 Oct 22% Oct 11% 300 9% July 4 4V4 15,800 9% 9% 700 4 _25 ; * 51 Jan 72 Oct 83% 85 340 75% July 85 Jun 2G 25 26 20% 20% 21% 5,100 9% 1,800 160 Eurry 5% Jan Jan 21% Oct 5 18% July 24 25 * 27% 27% 100 Jan 10% Aug 23% Mar 25% Feb Jan 23 Aug 32 9% 24 Feb 34% Jun 28% Aug 21% Apr ord reg reg_ Power 10s — class A 10% 10% 10% 200 Jan 8 7% July junior Curtis 2.50 1 25 23% Jan 28% Oct 700 2% Jan 4% Jun 200 16% 6 3,800 2,300 10% 11% 2,200 19% 20% 3,300 7% 7% Sep 7% 200 11 July 5% Jan 8% Jun 16"% Sep Mar 6 13% May 15% July 5% Jun 20% Oct 7% D:iv 11% 12 12 12% 700 Jan 18% 7,300 13% Mar common 50c 1 7% 250 5% July % 6,800 3% 2,800 3% 3% 9 U Sep July 5% Apr 200 3 4% 800 3% 7% 7% 8 7% 7% Canadian City Capital Transit Carey common Carman & Carnation Carolina TO common.. ; Kennedy Inc Oct Oct 5 23 % 22 23% 800 17 Jan 35% 35% 36% 200 32 Sep 39% Aug 1 8% 8% 8% 900 4% 1,100 4 * 'III* 1 Ltd— £1 dep rets B ord page 14% Feb 5% Jun 100 3 3 3 July 108% 111% 2,250 78% Mar 3% 3% 1,400 1% 1% 1,200 1 19% 20% 4,800 33% 33% 100 600 20% Oct Oct 113 2% Mar 3% 3% May 3 Mar May 13% Jan 21% Aug 30 Jan 36% Jun 7% Jan 10% Apr 7% 10% 9% 10% 1,000 Jan 10% ft % 4,500 % July % Jan 9% 9% 10% 1,100 8% July 11% Jan 6% 500 6% 6 "A" 15% 15% 500 14"% 11% 12% 24,300 5% Jan 63 59 64 Jan 3% 725 34% 3% 200 2% July 30% Apr 48 48 48% 8,400 1 1 1% 2,700 1 1,900 2% Mar 3% 3% 9% 3% 9% Jan 600 5% Jan 7% 7% 7% 2,800 5% Apr 11% 10% 11% 1,100 2 % 3,000 2% 300 2 54 56 24 23% 24'A 2% 2% 20 9,500 2.50 5 Jun 1% July 2% Aug Feb xl3 Jun x64% Jun V''' 3% Oct 49'A Sep 1% Apr 3% July 10 Sep 8% May Mar 12 3% Jan 3% Apr 48 Aug 68 18'A Jan 29% Sep Jun 13 Jun 9 _* common.. 10 Oct 17% Mar Sep 12% • partic 7% Aug 15% 2 Dejay Stores Dennison 8% 2s 6d 31. (Mo) Co 2.50 Apr 6% Apr July 15% Feb 32% July 36% Jan 5% Aug — 14% 3% 82 12,400 2% Jan 7% July 2% Mar Jan 4% Oct 84% 400 ~7% "7% 600 6% Apr 7% 2-% 2% 500 1 % Apr 2% x25% Jan Sep 2% July 114% 10c A 35 —50c Devoe 7% 12% 12% & 12% Steel & Manufacturing Co American Foundry Domestic Co rets Steel Tar Draper Corp ord 2% 2 % 2% 5,000 1% Jan 2% Apr 26% Jun 13 Oct 2 Apr 1 13 12 13 500 9% July 1% 1 Coal 4% 4 % 15% 1,100 4% 8.400 B__.—25 Co Ltd Oct 4,700 * Co Oct 14% July 23% Oct 24% Oct July Va July 10% Aug 32% 900 27% Aug 24% Mar 33% Sep 85 Jan 98% Jun 17% Sep 21% Sep 5% Sep 6% Oct Feb 3% Apr July 14% Jan 32 % 32% 100 95% 95'A 50 19% — 20% 11,500 Sep 10c 19% Ltd— dep rets ord —£1 reg Duraloy (The) Durham — "2% 200 2% Hosiery class B common Co— 1 Potash 2% 11 —*1 Corp common & Oct 5% May Laboratories— B) Sulphur 15% 31 30 31 10 ■ Jan 46 9 * * 3% 20 % May 23% 23 23% * Co Ltd common Apr 11% July 35 * clacs Chemical Co Rubber 15% 15% 1 Co__ (Allen Test Jan 12 20'/a July Ltd Co & & Harris Duval 14% Mar 14G 900 4s_ reg Class A common— Duro Sep Jan Jan 25 % common Power American 8% Feb 24% B__ Sep Apr 9% 25 Corp class A Bridge Dominion Dominion Dunlop 10% July 135 10 common- Finance Dominion 1 5% July 30 Ltd— dep Dobeckmun 600 1 Products Raynolds class Distillers 1,000 100 . Detroit Gray Iron Detroit _8% 5 common- 8% Mfg class A common Gasket Detroit 2% * Co 4% 4% 16% 17 1,700 4% 17 2,000 3% 13 Jun Mar 5% 17 Apr Jan j E Eastern New Gas <fc Fuel Assn common prior w .—10 preferred —100 preferred l%July * common i__ Jan 11 % 11% 10.000 10 Jun 11% 70 69 70% 575 62 Jun 73% Mar 56 July 24 July 100 27 % 25 . 3% 11% 27% 40 Oct Feb 75 30% Jan * 3 3 800 2 % July 4 $7 preferred series A * 84 83 84 250 85 Sep $6 preferred series B * 79 75 79 125 65% July 60 % May 79 Oct 22'2 22% 600 18 Jun 100 75 Jun States Eastern Sugar Common $5 Corp 2% 1 pfd shares of beneficial int _1 83 83 83 * 11% 11% 11% 1,500 Electric 5 20% 19% 20% 56,000 11 % 11 'A Bond & Share common Electrographic Corp common Empire District Electric 5% pfd Empire Millwork Derrick Equity Corp $3 Corn & convertible Corp 1 1 7% x7% 8'A 300 50 1,800 5 15% 14% 15% 700 10c 1% 1% 1% 21,000 1 39% 38% preferred ; 1 Ltd 106% 106% 100 .__ Equipment common Esquire Inc Eureka r. Jan Associates— shares of beneficial int Eureka Pipe Line common 40 1,075 8% Jan 14% July 10% July 103 Feb 5% 12 Jan 5 "% 16 7 • its -ft 12 10 Jan 85 Aug 13% Aug 23% Mar 19% 108 8% Apr May Sep 19% Mar Jun 1% Mar 38 % July 80,700 27% Sep Feb 1 % 4% July 1 1 Jan 3% 11 Jan Sep x45 6% Jan Aug Apr 16% Feb Jun 63 111% 111% 25 112 3% 14,600 3 9 Jan 125 82 - 4 14% — 1 Inc debenture F Fairchild dep rets A ord see 25% Easy Washing Machine class B 100 2.50 common footnotes 11 Oct 8% 5 Inc.— Emsco ~3% Biscuit Co__ For 16% Aug A 9% Mar 150% Mar 4% Apr 26% Aug "5% Light $5 pfd Amer 27 Apr 150% Mar ;i Carr-Consolidated Amer Sep 8 • & Carreras Mar 125 • 100 Co Co Power 24 42 16 23% 7% July 20% July 25% July 23 5% July 700 » Co & Apr 5% Mar Ltd— Products Baxter 5 9,400 20 Ltd 7% preferred Canadian Marconi Capital Jun • common preferred Industries July 30% July 5 Canada Bread Co Ltd Convertible Sep Sep common Dayton Rubber Co class Eastern 4% 4% 7% 6%# preference Canadian Canners May May 9% (Md) Eastern Malleable Iron 4 4% 1 Ltd 8 18 8% Jan ft July 3 4 * Power__ Insurance Co Jan 10% July 18 % Sep 7% California Canada Cement 6 % 11% July 24% 13% May 16% — !<T Estate Electric 50Q 900 56 Brothers Mines Sep 13% — dep rets 12%c 2% 2% 5% 20 » I_I_II• 1 % Mar 4% Calgary & Edmonton Corp Ltd Fire 7% D Duke C Camden Oct Jan 600 1 Davenport Hosiery Mills Driver 28% 16 1 2.50 Co Products Sugar Apr 3% July 39% l.ono _6 Manufacturing Apr 4% 5% Corp Electric 5% 66'% 175 Apr 2,900 8%' (ord reg)—£1 Lighting Inc common 6% Calamba 1,100 10 Sugar common—_____5 Tobacco 4% % Cable Feb 4 % 66 1 common - Cuban Apr 28% 16% Line Amer 67/s _25c Co Atlantic 11% ' 1 . class B Ring 6 Jan 12% _1 Refining Cuban DuMont preferred—10 common Co common..!, Ltd Oct 4% 25% 50 Inc. preferred 11 2% __ • Distillers Co 5% 12% 5 Dominion Textile Ltd— cumulative Biscuit Sep Jun 16% 17 9% • Corp 26% 4 % .• ; Sep Sep 175 * Co 4% 10% 70 1 common 4% Mar Sep 68% 1 Power 3% July 7% Mar 4 ""9% preferred-100 B Burma Jan 11% • Co ord Columbia Pipe 13% 11% Tobacco— dep rets Piston Oct 7% * Bunker Hill & Sullivan Burd 11% 300 £1 Euckeye *Vb 11% £1 Rubber Jan 11 l Light & rets Forman 16% 11% dep Celanese Aug 14 com_* common Oil 700 800 24% 1 preferred Internat'l Oil Oct 5% 6 Va 13% 7% 7% Oct 22 i Light 3% 66 Aug 9 dep rets ord bearer Li May 22 l common Mills 6 _4 • (E Drug Curtis 5% 65 % Sep Jan 17% Aug 35% Cork Crown $6 13% Mar % common Petroleum Crown Oct 100 common Gas Bruck Feb 2% & Co common Traction Bruce 17% Jun 16% Amer 4% Oct "5% Amer Brown 9% 3 American Class 6% Mar 12% ■ 5% A British Oct 2% Fdry & Mach Co British-American Brown 5% 1 Manufacturing Co Amer Jan 14% ___ British 3% Cent Crystal 25 l * Co Motors Crown 17% 8 10 Crowley Milner & Co Davidson Ci Corp ~5% 5% common (S) Bridgeport ~5% 2% common prior cumulative Scrymser Co. Bourjois Inc British 150 common__25 Canada 5 % % Class 4% 16 % Borne Brillo 13% Aug 1 Inc Corp (H Breeze Jan 1 distributed Brazilian 9% 1 common common common Blumenthal Bohack 300 l Corp_ Co Inc Ridge When 13% 1 common Ties Birdsboro Steel Blauner's Oct • Inc Hedges Bickford's Ltd Pwr Co Shoe Watch Benson July 77 xl3% — 1 Aircraft Telephone Benrus 3,900 52 Andes— Earium Steel Corp Basic Refractories Bellanca . 3% 1 shares Barcelona Tr Lt & Baumann 77 4% July 25 10% common dep receipts Brewing Crosley 74 76% Oct 34.% 600 * Petroleum Croft B Wilcox & 10'/a Apr 800 2,700 5% Ltd— American Babcock Jan 10% 12% * Courtaulds Creole Aur * Mines- convertible 5% 7'/8 5c — Gold preferred class A Cosden Jan 17% __* Inc 5% Apr 32 % 8% 31 17% 108% non-voting_ Feb 7% Oct 6% 25% Co—1 Co voting Class 6% 19% 8% 21% Distillery Ltd— (H) Jun Jun Varnish Oct 17% 15'% Mar 5% 10 32% 1 Jan Paint & Sep 1 Ltd Corp Cook 5 • Car-Na-Var 1% 12% Mar * Continental Foundry & Machine Sep Apr 13 10 Aug July 14 8% 1 , Oct 3% 6% July 1 Royalty Oil Continental * common Corp 350 May 1% 200 13 10 — Utilities Gas Consolidated Coro 1 Machine Sons Collieries 3,100 4% preferred Ayrshire Jan xl9 % Products Inc Voting IB F) 41% 1 _ 73 675 2% warrants 7 1.700 2% -1 5% July % Mar 73 —50 Plywood Corp. Avery 70 2% - Atlantic Coast Line Co Atlas — - 1 12 * Associated — 7% 4% -25 Co Service——— Engineering Corp Consolidated Industries- 7 5% Inc Consolidated Mining & Smelting Associated Feb 7 1 1956 to 15% 10 Machinery— Shoe 40 6% July -1 Manufacturing Jan 600 5% — 12% 75 7% ordinary & Stone Co 11 Compo * Sep 23% 7% * common— Development Airlines __20 Co Products Plow 1 1 — Lambert Jan 23% 7% — Inc Colonial Sand 6% May 12% Jan Mining Coal Corp common Cockshutt % 8 Lines Air Manufacturing Co— Aluminum Club Sep 17% City & Suburban 6% £1 dep rets ord Angostura-Wupperman Jun Co—_. 4% 100 & Oct 12% 66 % —, Stamping— 200 3,200 7% Clinchfield Jan 10% 10 4 * * 1 com common 4% ? Aug 7% Jan Jan 67 Service Neon 7% July 3% 60 % Mar certificates 6% 6% common Anglo-Iranian Oil Jan 675 Consolidated Clarostat Anchor Post Products. 38% 66% Southern Auto Jun 64 "2 Cities City Jun 9% Mar Chief Mar Oct 4% 35% 3,300 9% Feb 700 Manufacturing trust Feb Feb 3% 11 % Chicago Rivet & Machine & 21% Oct 7 10% Feb 133 1 11 Oct July 8% 100 Feb 10% 5 common Si! 106 4 21% ll 10 common 113% • 9 9% 8% 6 6 7% 5 8% 9 % 8% 7% 113 5 common Mar 8 100 4% ' ._ _ preferred 173 110 125 100 9% 3% 17,200 Feb July July 410 8% 6 37% Mar Voting 10% 166 6% 30% May Chicago 9% 160 162 5% Jan 1,700 % 22 6% ft Aug 4,400 9% % % July 5% Feb 9% 9 6% Aug % 850 1 Co 98% May Sep 2.50 Corp Jan 92 common Cherry-Burrell Feb 10 Co of America—. Aircraft na 39% 9% Writing Paper — 31 2 __ Thread Jan Feb 27% preferred American 10% 25% July 30% 37 common— _10c American May 2,300 29% 35 % * 8 % 31 29% common_; Superpower Corp Sep July 36% /, Jun 1,600 25% July 300 30 10 _ __ 86 % 10% 1 Products Steel Power & Light 21 Jan 450 200 25% Jan 9% Ohio Central 5% 4% Power Co 4% pfd, 100 ^Central States Elec 6% preferred—100 7% preferred —100 Conv preferred opt div series— 100 Conv pfd opt div series 1929 100 Century Electric Co common 10 Century Investors Inc. —2 Convertible preference 10 Jun 2,250 24 preferred______——_______100 3.50% America of Corp Central July July 1% 32 18 24% Jan 81% * common & Co— Jan 9% May 2% Sep 7% July 21 5 % 4'/a 60 M) Apr 85 July 22% 5% 3,200 84% Central Maine * B American Republics American Seal-Kap Amer _ Co. American Class Co 6 % 83% Catalin ' American 5% 6 % Jun 6 Aug 29% Oct 7% Jan Oct 20% 21% 21% July Oct 21% 21 20 3"% Mar 650 Jan 18 .25 . corn- __25 Co 1,000 8% 1% July 1 High Low "4% 15% 1% Range Since January High 29% Aug Jan Shares 4% (A May % Aug for Week 28 "2 1 Co common Products Mar -ft 1 —.—10 1 (J W) Carter Casco 6 26 Low Par 24 12% 37 _1 Launary'-Machine.. American Rubber 9% 10c Corp common $2 convertible preferred $2.50 80 80 — > Light— distribution-on B of Prices Castle 1,300 . Range Sale Price High Jan 700 American Beverage common Last New York Curb Exchange Range Since January 1 Low Monday, October 16. 1950 Sales Week's Friday STOCKS Shares . . 13 Sales High • Manufacturing Amer Air Filter 5% of Prices Low 100 common preferred Aluminum ENDED OCTOBER Range Sale Price New York Curb Exchange WEEK . EXCHANGE CURB YORK NEW Financial Chronicle 11 Sep 1% Mar 11 Sep 1 % Mar Camera Fairchild Engine Fansteel & & Instrument Airplane Metallurgical 26 % 6,400 1 6% 6% 6% 20,000 4% Jan 7% Aug * 15% 15% 16% 6,700 10 % Jan 17% Sep 1 26 25% 20 July 29% Mar Number 4951 Volume 172 . The Commercial and Financial Chronicle . . (1461) RANGE STOCKS Last Range New York Curb Exchange of Prices Shares Low Par York First Fishman Ford 3% 1,700 9% 200 ; ' 43 ord reg— __£1 4% 4 Va -1 2,100 7,600 voting 52 51 52% * 54 51 % 54 non-voting B of Moior — 475 •j Pitt Fox Franklin 4 % 'r. Brewing Simon Ju.y 33% 9 Jun 2% Exchange Apr May Jeanette 5Vb Jan 21 Jan 52% Jan 54 Co Lake Brown Inc common. 12% 12 Vb y VB 9 Vb 1 300 11 1,000 Co & Jan 7% July 18 Jan 9'A Sep 7Va Jan Feb 38 Aug 10 Jan 14 May Geilman Mfg Acceptance General Alloys General Builders b' Co Supply Amer 5% Finance Fireproofing Oulcloor > preferred C) (A Co G1 McBean deling Alden Glen Co Gobeh (Aclolft Godchaux Cla.s Inc common — Manufacturing class Inc 1 Mines A _ Graham-Paige Motors 5% 1st Oi. Great Lakes Great Northern Griesedieck Co Western Lime Gypsum Alabastine & Feb 107% 4% Jan 2'/a 14 'A Hall Kokenge Co July 116'/a May 107 '/a FeD 109% May 3 Mar 3 % 6 'a 18% a 5,700 3'(a 6 '/a 20' 201 100 a 1,500 17% 17% 200 May 4'/a May 8 5 Va Mar Jan Jan 13 22% Apr Jun 17 17% Oct Oct 28 Oct 157:i 15 Va 15% 5,100 12% Apr 17'A Jan 171 17 % 17% 3.100 10% Jun 21% Sep 19 Va 20 11 Jan 21 Aug 28 20 j , 4 71 2,500 1% 5G 41 Va Jan 25 % iVi i 6 6 % 31%, 10 ini % 300 32 38% 84 Jan f % 4,500 50 50 45 4V4 7% ADT Jan Sep 50 33 22% July Sep Sep % Jun Sep Apr rvt May '' 16% Mar Jan 200 9 7% 200 6 Va July 8% Apr 10 10% 800 8% July 12% Jan 136 135 136% 400 112Va July 146% Mar 134 133% 134% 170 129 May 137 1 Apr 14% 14 7% ... 10% - Gas Kawneer Corp & Hanford Electric Rayon He Co _ Brewing Class _ Co Holophane Horner's Hormel Co 12% 12% 21 20'A & Hardart Horn <fe Hardart Hubbell Oil Lock Hurd & Inc Hygradc Food 1,700 9% July 22% 625 13 >A 100 12% 12 Va 100 a 94 Va 95 " 74 74 10 Vb 10 V4» 13'A -- *" 13 8% 8% 13% 70 13 Va Va Sep Jun Mar 102 Jun 200 Oct 14 10'/4 July Aug Sep 22% 11 Va July 94'/a 77% Jun 12% May 8% Mar 800 3'/a Jan 6% Oct 200 6% July 8% Oct 425 44 '/a Mar 53 % Sep 10% 6,400 7% July 10% Oct 2% 2% 300 2'/a July 3% Jan __ • 55 44 100 12% 12% 250 45 45 43 .... 165 —.—* 31% 31% 75 167 60 32 225 5 __* ___5 common — 23 23 101 101% 3% __ 23 2% 156 Oct 167 31 July 34 Jan 111% Oct 23% Aug 2,000 80 Mar 103 % Oct 3% 100 3 Sep 4% Jan 400 14% 14% 14% 650 3% 3 % 3% 200 15% 15% 15% 5 Jun 103'A 2% 200 Jan Oct 53 Jan Feb 2 ; 3% Apr 18% Apr Sep 3% Apr Jun 12 18% Jan °July 3'A 13 14% ——* 14% 15 1,400 Lefcourt Le Realty (Canada) coupon. 23% 28 'A 8,600 Lit Corp Indianapolis Pwr & Light Co Insurance of North Brothers International Cigar International ll'A 100 8% 14'A 16% Aug 18 $3 50 series:. New Industries International Metal International Petroleum shares Registered deposit Safety Razor 82% 6% Louisiana Land Power Lynch Corp pfd — — Public Jan 1,200 5 Va July 8'A Jan 6 Vb Jan 8% Jun 16% July 22 % Jan 7'A Jan Marion Harris (A McKeen Iowa 98 V2 Jan 103% 3.90't Iron Aug 120 12'/a Aug 250 68 July 84% May Apr 30 % Aug Sep 12 'A 11% 12 'A 200 7% Jan 12 Va Sep 13% 1 14 l'/8 preferred 500 10% July 600 1%. 900 v t c 1 Air * com cl A * 7% 14% 7% 15% 7% 14% May 14 Vb 15% 6,300 10% Jun 15% 21 22% 3,500 15% Jan 24'A Apr 11% 11% 400 9% July 12% Jan 25 25 25 Oct 25% 25% 26% 3,500 % % % 26,200 26'A 50 Apr 29 'A May Jan 28 Va Sep 22% July 27% Mar 22 28 V4 May July 7% July 10'/a % July 1>A 10 % 132 116 450 136 116 132 121 1,300 July July 105 92 % July Oct Feb 14% Mar 152 Mar 131 Mar 33% 12,800 Jan 34% May 110% 130 xllO Oct 113 Vb Mar 14% 14% 1,100 12 July 14% 12% 10% 12% 4,800 Jan 12% 12'A 11% 12'A 500 1 • 32% 33 »A 14'A 110 26 Vb Apr 1 25c 15 Corp common.: Participating preferred 1 —-—2.50 * 10 1—-1 Bumper Corp Steel Tube : Michigan Sugar Co common G% preferred—-. Michigan Oil Aug July 31 Mar 41 27 Co 1% Aug — 1 preferred—* common conv 35% 3,900 6 Va Feb 8% Aug Jan 35% Oct Apr 35 "7% 12% 12% 13 Va 8,500 2% 2% 2% 2,600 1% 6% 7% 2,300 4% Sh "9% 10% 9,300 700 8 6% Mar 11% July ! c1d 1 9 Jan July 110'A 10% 8 Jun Sep Mar 55% Mar Jun 8'A 2,200 6% Jan 8% 9 Va 900 7% Apr 9% May 1% 1 '/a 1,700 1 Feb 1% July 8'A 8 Va 8% 700 10% 900 7 Feb 7 10'A 13% 13% 13% 3,300 10 Va 10% 10% 150 14% 15'A 2,350 4 Va 400 Va 8% 9 May Feb 12% July Feb 14% 9 % May Sep 10% Mar Feb 23% July 4 —50c preferred 50 Mining Corp of Canada———--* Minnesota Pwr & Light 5% pfd—100 Missouri Public Service common * 14% Co——_—_—_—. Jun Apr 10% 1 Piping & Supply common % Aug 9 Va 1% 2% Oil Midwest 3 '10 8 8 23% Midwest Jan Jan 5 49 * —_-:— Feb 5 Va 1 Oct 10'A May 17 108 Vb Mar 50c -10 * Mid-West Abrasive Jan 18% 7% * shares dividend common Sep 2% 27Va 100 8 8 33 35% Products— non-cum Midvale $1 Corp Steel Midland $2 Petroleum States Midland Corp— Hone Micromatic Oct 15'A Mar 18 34'A May 20 29 29 — 100 Michigan Middle 8V8 11% July 11 Va July & Scott Corp— Co—— Iron Refineries Mid-West Wohl Miller 4 Va 1,600 23% 24 29 29 100 3 10,500 Co 2% 1 i\/c'"h^ormni Monogram Pictures 1 common 700 6'A 6 common.— 31% 31% 100 14% 15'A 9,100 103% 103'/a 25 convertible % 103 % 26 12 Apr 17% July Jan 4'A May 3% Jan 24% 22% July 29 Yt 20 1% preferred series C Society com class 4.50% Loan 100 A 1 1% "9 11,800 2% 2'A 2% 2,400 9 Sep Sep 3 Aug July 7 Vb Aug Apr 32 Vb .Tun 15% Feb 181 Company common . 1% July Apr Apr 105 Jan 107% Jan 101'A 101% Aug Aug Jan Jan. — 33% July 3% May 186 38 Aug Jan 700 101 'A 101% , 4% July 6% Feb 1,300 5 x4% 13 Va Mar 17% Oct 700 28 35% Mar 120 97 July Feb 105% Jun 39 9 400 24 Jan 41% 48'A 250 32 Va Jan 48 »A Oct 9% 200 7 Va Apr 10'A Aug 300 12 % Feb 16'A May 6% July 11% May 9% '/a oc 41 45 Mills * 2.50 10 50c Aug 3 'A 2% 17% Ohio Mfg Co Piston Ring common Muskogee Co common 10 % 176 Va 32% common——* Tel 100 5 Jun 6% Mar 260 17 & 43 300 31% Tel Feb 2% 31% Vernon-Woodbury Sep 105 182'A ~2% "2% 17 —_— Jan Mar 100'/a July 101'A July __ 10 Producers 9 97 181 Mountain 5 29% 34 Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumulative pfd series B—100 c^ 15 'A' 15 9'A 8% 1,800 Sep N ft APr Corp —.—...—1 National Bellas Hess common— -1 National Breweries common * Namm's 7%> Inc common— 1% July Oct 1% Aug National Mallinson Fabrics—— I /: ll Gas & Stores common 1,100 1,800 1,000 Rubber National Starch Jan % Aug Steel Car 9% Aug National 1 Va National Transit Jan Machinery Products Ltd— common 7,000 9 Vb 3.000 19% Sep 32VB Feb 32 Vb July * 36% Mar 10% Jan 13% May 10% May 7 Va Apr 100 10% Jan 15 Sep 8% Jan 15% Jun 8 % 200 7% Sep 9% Jan 6% Jan 2 National x8% 1,430 12% 11% 9 Jan fa 2,500 4 Mar 12 May 4 14 Co 18% Aug 22 5 July 10,500 13'A Cooker common 95 21 Sep Apr 3 12% Pressure Feb 21 3'A 3 Apr 3% 14 Radiator Sep 3 15% 12% 300 1 National 13'A 5 % * 1 National Feb 2 4% 4% 25 preferred Fuel 14 4% 500 15 14% 10 — 88 15 Feb 7% Co— National • .100 __: Manufacturing Chute _^_ Italian Superpower Corp Irving 1 % 12 Vb 15% 16% May 12% — Aug 300 13% 13% 13% Sep 500 Service Co— Fireman 4% Jun 99 'A Apr 1% 300 — „ Textile Metal B preferred A Mesabi class Co—______— xVm rrants % Co & Merritt Chapman Muter 7% 1 1,000 11% £1 10 * * * 1 —1 Ltd Dredging Mfg Menasco Co & Johnson Apr 7,U'0 Royalty Pub ic 7% 18% * Co common— G) McWilliams 6 '/a Mfg Shovel Power Massev National Mfg Investors 7 Vb 18% International Marine 11% 12% 13% 7% 18% 22 % 1 * common (The B) Co Consolidated Communication Mead Co Service Stores Mangel Jan 11 '/2 : Mar 5 12 Vb 6% M Apr 12 "4 * 15% May 6 Va 5 10 Light $6 & Muskegon 24% . Sep 6% —2 Exploration & Murray shs __* B Sep 4% 100 preferred B ctfs of deposit—100 Feb * ———10 Products International 81'A Jun 12 * i w common Oct 40 A. coupon — International 81'A 50 . Jan 3% 8% July preferred A ctfs of deposit 7% Nachman — 16 Jun 1,000 • 13 Hydro-Electric— Preferred Sep Oct 1fa 2,200 1 28 % % Mar 850 14% 10% 4% Longiues-Wittnauer Watch Co States ll'A 119 Jan 9 VB Long Island Lighting Co— Common certificates of States Power 900 117 7% 4% 5 10 (Texas) Gas Co Star Lone Mt 4,900 1G2% 102% 14% Mar 26 % Mountain 12'A Machinery.—___♦ 1,800 Sep 10'A July 1,200 3'A * A Chain Steel Locke Oct 28% 117 10% Jan 14'A • class Oct 12 pfd-_10o 4% 10 10 1 common Groceterias Loblaw 4% ll'A America!——10 200 Jan 8'A Jun 12'A Mar * 28% 27 £1 — 10% Apr May 1ft 8% 1 common 18% Mar 12 Va — Ireland 7% Mar 27 Registered — __* Imperial T bacco of Canada.——__5 Imperial Tobacco of Great Britain & 10'A 5 Inc G) (R Tourneau Lionel Mountain 26% * 2,800 ' 22 4% 5 5 •. common 3% July Imperial Chemical IndustriesAmerican dep receipts registered-__£l Imperial Oil 12% Ward & Co class A * Moody Investors participation pfd * Morris Plan Corp of America.——10c I Co common Jan u July 9 Montgomery Zinc Jan 11% 1 University Extension Salle La Monroe Illinois 2% 900 2,600 At ; Feb 18'/a 1 Products— Feb 1,300 1_* preferred— Securities Jan May 48'/a pfd—.— * 1 Sep 13 % 46 9% July 106% 100 45 30'/a July 42 % Jan 5'A 1 Foundry & Machine Lamson Corp of Delaware Lanston Monotype Machine * nr 8% Mar Jan 10 6% 2?'"- n 40 6 Vb 6% ——________ convertible 1st H-dro-E ectric 12% 74 ____* Refining common 6% July 1P 9% Co Refrigerator $2.25 smari Hurler's 1,000 Sep 52'/« Manufacturing Co & 1.80) ^7% 7 11% Mar 9% common (Harvey) Jun 52% .. Humble Oct 201:, 2% May Jan 9% 12 % _* ,—15 Baking preferred 5 '< 1% 5% Jun Sep 3 Jan 600 941 13 V4 53% 45% July 5 1 —-—* Co__ & Oct 10 !__ A) Apr 600 1 % 6 Aug 27 20 -10 common— Inc (Geo Horn Ku 7% 7 12% Feb 4,600 5% Feb 32 12% 3 Va Apr 42 Jan __ 3 V4 9% July ' 12% Aug 33 • — 6% 107% May Oct Jun 10% 1% ' Oct Feb Feb 2 4% Mar 1% Jan 1 Ltd Lakey Marconi 9 Sep 12% 15% in 21 5 Inc Mines Shores Mapes 7% 1 . Lake Company Apparel L'Aiglon Sep 20% A Laclede-Chr.isty 18 14% 1 18 10 'A Maine 150 Mar 125 18% 18 __1 Apr 10 ! — 33 %c 112 400 , 1 5 Kobacker Stores Jun 900 Jun 21 3,300 4'A 3% 4 18 1 "To _ Krueger Brewing Co_ Kropp (The) Forge Co 108 1,500 Sep 112 14% 103'/a 1,800 I. 28 — Mackintosh-Hemphill Co 6 Vb 1 35 Va 27'A . _ Feb 2% 6 _ Co 10% 2% 10 - _ __ Jan 2% 2 Bollinger Consol Gold Mines Hol y Stores Inc ———— Corp 9'A Sep '1,700 35 common Rubber (IB) Hotels 8% 7% 8 * Co Jan Aug 9 10 106 28 Feb 20 preferred—. class Emil) 100 35 Feb 6 - 22'A May 10% lviur 25 15% 106 1 44'/a 47% common Co & (R) 6 a——100 —100 —1 common convertible b'r Klein Manischewitz 11% Jan July 15 11%' 10% 50 _ Ltd Co M 31% 10 200 15% _1 G 38 % Ju.y 47% —_____ w Co Lake (D 4% 41.400 10% 5 _ Petroleum Kirkland Kleinert 8'A 18'A 108 Va common preferred xl4% July — _ King Seeley Corp. Kingston Products Kirby 7% 18% 7% -1 cumulative 21'A July 108'% 108% —.* _ Hoe 17% * Lighting County 4% 9 * Mfg Jan 100 300 5 25c .__ common- common Holt Higbie 3% Jan " 1,200 47 Va Co___ 5%%'. preferred 4'< preferred w Henry 2% July __ _ 132,500 11% A Co 500 * Co 2 27 __ Rubinstein Heller 3 _ _L & 25% * Co— Corn Mining 2% "2% Inc common (Walter) 45 1V4 11% Dept Stores common ena Jan pfd_ —100 _ 25 -- 25 —__1 1 2 1 Light common tings Mfg Co___ Hathaway Bakeries Inc hecla Sep 3% * Co Kennedy's 4'%% 43 2 45 26 — — Ha: Heam 16% 1 Electric Louisiana / * 5 Ltd common——. Co Paper Haivford Hazeitine 5% Jan July K Kansas Sep 50 Mar 74 1 4 Va Jan 47'a 46 a 400 3% 3% 3 12 —5 Bridge Harvard Jun 1 Va • Oct 111 * Co Lamp Hamilton 3Vs 6% 500 Feb 200 109 H H: mmcrmill 700 2,800 2% Jan 111% 113 VB a Products common—25c Utilities $4.40 pfd——100 States 4% 16 Vb Va 2 24% May 17 '/a July 1121 2 Brewery Jun Oct Stores Grocery Gulf Chemical & Paiier_„ Jun 8% Sep Feb 1 * 100 1 25 8Vb 7% 14 Tea— stock 5% July 1U0 5 common 8% 30 1 preferred Oct Apr 150 pfd—25 conv Pacific & Non-voting l'r 14 14 4 Rapids ' Varnish Manufacturing Co Great'Atlantic 4'A May 23% Mar 105 % 105 'A *0 __* Co Gorham Manufacturing common urand 800 * Con. olidated Goodman Gray 4 3% 14 * A preferred prior Gorhsnf 900 * Gold.ield Sep 103'i ___1 B B S4.50 21 la 4 5 class 200 25 class Inc Sugars Sep July 6% May 2% 2'/a Juiy 100% ..__* Coa._ Union Globe 1,G00 7(8 _* Co & 6(8 20% 21 >4 * , —.—.— Distilleries Glen more Mines Gold common Gilchrist % * 1 1 _____ Ye lowkniie 4,900 7% 6 6% 5 100 pld S5 Gilbert 3 Vb —10 6% Plywood Corp common 50c 5'< conv preierred _20 General Public Service $0 preferred--* preferred Gerity-Mich Corp 2% 8 6% 1 common Adv $(5 Jan 1% Mar 22 Va General Power 4% 1,000 9 Jan 2,700 2% £1 common., preferred series A General Giant 4% 15% • Kaiser-Frazer Knott reg Corp General Georgia 4% 6 2'A Ltd— Co rets ord dep General 7 5% 2 corn—1 25 preierred Electric 6% * Corp 300 Jan Sep 6 Corp———.——-1 — ■ 16% 97 Jun 2% 1 common Co convertible < ^100 _ General 2,500 13% July 89 'A 15% 15% 15"'a _* common preferred General 4% 16 Va 1 Feb 11 Vb Key Co High 1 J) Jan % July 11% Kings 5'> (N common Kimberly-Clark Corp— 4 '/a % preferred Power Low Oct 29% __ __ 10% -- 1,900 1 __ __ 5 B I 'A __ __ 50 preferred 12 Range Since January 1 High 1 common Sulphur Stores Preference Oct 22% Glass Jefferson Kidde Gatineau Lou> Aug 11 3'A July 13,400 J,a 1 g 1 1.25 Co A) (Geo ■'« bearer — & Co convertible \ Ful.er receipts Co.. Brewing (Peter) Shares France— depasit American Fort Apr 3 % Julian * A Class for Week Par Canada— of Cla^s Range of Prices Jan 76 Jim rets Last Sale Price High July 28 3>A 3% 1 1 — 55 New York Curb Sales Week's Friday Ltd— depo it Motor preferred Inc. Co Co .uuerican Ford 13 STOCKS Low 40 64 9% _10c common cumulative H» IM Motor Ford OCTOBER Range Since January 1 High 63 --10 iPhila) Corp dividend S2 EXCHANGE WEEK ENDED for Week Sale Price Association Fire FOR Sales Week's Friday CURB YORK NEW 10 1 * 1 13 Va 8 8 4 9 2,300 18 20 1,500 24 8% 18'A 24 50 4 4 200 8'A 18 Oct 16 'A July 2% Jan 9 Oct 20 Oct 24 34 Oct 4% Jun 29 30 The Commercial and Financial Chronicle (1462) YORK NEW CURB RANGE FOR WEEK Range Sale Price Exchange Week's Sales Last Range for Week New York Curb Exchange 4 % Range Since January 1 Low High High 31 Pur Friday STOCKS Shares Low Sale Price of Prices Shares Par ' Union Neptune Meter common Nestle Mur Le New England New Haven 4 %fk New 4 % Radio—-——-----—30c National X common.. Co 95% 97% 240 2 % 2/4 2% 5% preferred..-. 2o Zinc———— 25 6 Jersey Mexico New Park New Process New York Co 63% 05 9'h 91a 1 Land Arizona & Mining Co Auction York Merchandise New York 102% May 3 Sep 7% Jun Aug 2,900 49 Mar 66 % Oct 2,400 7 July 10'/8 J 500 1 Jun 11a 1% 76 % 59% Aug "71« 8 lQ York & Honduras Rosario New Feb 10 25 la 26 3 10 New 6% Jun 3 % Oct 41 Jan % Mar 150 * 934 common 89 Apr 66 % 1% Co_—— — 1 common-——-——* 5% Jan 5 % May 2,300 1 % 24% 100 5% convertible New 2,800 41 97% 1 Watch Co—. 2 9,000 5 % ——100. Tel—. & Tel Clock & 39 % 401a —5 500 7 Feb 4 250 22 % July 934 :oo 9 July 8 Founders shares Feb Jan 16% July Apr Savoy 11,500 13% July 17% Mar Sayre 10 15 % Schulte 12% 12 1 r, American Central Penn 16 48% 49 la 5 18 la 181a 18 'a 300 ——-—-1 3'4 3 Vh 3% Northrop 4'A % Serv Pub Aircraft Novadel-Agene Corp 8 la 8% —■_—1 15'/a 15% _——-* 500 151a Securities Oct Seeman 5% 20% 4 Jan Jan 97% July 5,600 8'4 6% Scullin Steel Jan July 2% Aug 93% Sep 10 % 18% 13% Aug Shoe Selby Selected Feb Jan Corp Ohio Power Oklahoma Oliver class 4 la % Telev & Inc Omar Inc 29% 2.10() 11 Vij 100 111/2 12 1 21 '/a % 11 1 301a IIV2 30 % * B 22 5.900 a 1 — 22 O'okiep Copper Co Ltd Amer shares—. Overseas Securities-— 1 15'/a 15'/a 500 800 16 1% Mar ft July 41 Va July % July 27 49% Jan 111 % 15 class 275 49 la 100 Gas_„ Filters Radio 1,100 48'/a 49 " common- preferred Natural United Olympic B 115 Sep Jun 37% Jan July 13% Jan 6% July 16% Apr 12% Oct 9 Va 16% 5% Can Gas 5% ft Co & 1st 18% Jun Jan 22 Oct Jan 16% Oct 1st'' preferred 5ft redeemable 5ft redeemable 4.80% Pacific red div preferred 1st pfd series $4.50 cum Petroleum Pacific Power & Pacific Public 32 28 Mar Senler (R Shattuck pfd- 6,900 3,300 23 *,2 Jan 49% Oct 1,200 1 Mar 2% Sep 2% 2'« 4,100 1% Feb 2% Oct 3 3% 600 2% Aug 3% Api- 1% 1% 2,600 1 % July 24% 25% 900 13% Jan 1% 1% 500 1 % Jan 3% Apr 15% July 18 % May — * Pancoastal A) v t 100 14 July 100 23 Aug 6 5% 28 26It Mills.— Patican Co Ltd—, ll3) 49 50 41% 42 24% 24 24 Penn & Gas Power Penn Traffic Penn Water & & class 12 —100 Tire & Co Philadelphia Rubber Co common Johnson Ltd Gold 3% 3% 7% 1% 1% Pleasant Valley Pneumatic Polaris & 1st Pratt 8c of Pressed Metals Producers 20 3 a 1,100 Sicks Canada convertible Providence Service 4%% Puget of Pulp Pyle-Nafional Pyrene Co Pa Quebec Power % ; Packing Co 25,200 3 400 350 5% 200 38 2,700 4% 7.600 9% 9% 700 8% Mar 1 4 4% 700 3 2,100 12.50 $3 convertible Raytheon 35% 24% 35% 19 19 19 28% 28% 200 ._25 30 % 30% 30 % 700 _25 28 % 28%. 28% 2,200 27 % 25% Pump Co Regal Reis Shoe (Robert) Reliance preferred E 40 Apr 12% 25 39% July 48% Feb 23% Aug 26% Apr 29% Jan Feb 12% May 5% Apr Mar 2% 113% May 4% July 30% July 600 53% Jan 15% 600 11 Jan • 21 % Jun 100 17'/8 Jun 21 6 4% 4% % 6 % 200 4% 3,500 22 19 ,21% 1,600 id 5% 40 % 2,100 4 Oct Jan % Sep Jan 24% Mar 4 Jun 8% ~2frt "2% 400 % 2% 58% 58% GO 860 32% 33 % 500 2 2 3 8 , 2,000 4% Oct 2 5 ''/a 1% July 1% Mar 52 Mi Apr — 17 — 17% 100 Jun 61% 18% Jan 35 Jan 14 Jan Feb 3% July 3% - 14% 95 16 3 Speed 4 %' 18 Mar Sep Sep Sep Mar Shoe 30% July 4 16% 16% 1.190 3% 3% 3 v8 7.400 1 8% 8 8% 700 7 8!a 8% 8% 600 8% 104% 225 Jun Oct May 104 * 20% 20 % 21 % 800 _—5 13% 12% 13 % 900 8'% 8% % 1.000 9 12% Brewing Standard Cap 126 126 127% 156 153 156 & Convertible Jan 19% 8c Co common— Richmond 3% 81 class Common $7 preferred Starrett of Co Stein (A) Corp Stop 8c Shop (S) B Tool Finch 2% 10% July Aug 10% Mar Jun 105 250 38 37% 38% 2.800 5% 9,600 1 Texas 13 22% Sep Thew 13% Oct Thiokol 9% Oct Thor 95 July 130 Sep 20 154 Jan 160% Jun 18% Oct 200 1 % Jun 75 24% Jan 4 1% 251:, 26% 23% 23% 24 400 * 5514 5514 10 common——5 9% 9% 16,400 6%' "(3% 200 41a 4% 800 — Rio Grande (Texas % 1% 5 5% 165 For Fie'd Jun 1% 28 Apr Jan Feb 27 Feb 58 13% 3% Aug 5% July 7% a 11% 3% 400 3% 40 Jan Feb Sep May 8% Mai- Jan 7% Mar Jan 166% 220 9% 1,800 6% Jan 10% Sep 6 % 5% 6% 2.300 4% Feb 7 % 3 % x3 % 3% 1,300 2% Mar 4% Apr Apr 4 6% Mar 1 5 140 173 July Mar 5% 2,900 25% 25 % 26% 600 16% Mar 26% Oct * 23 % 23 23% 400 21% July 25 Jan 5 13 % 13% 13% 1,000 10% Mar 14 1 7% 7% 400 7 % Feb 8% Api- 1 com 4% * 2% 2% 2,900 % Jan 2% Apr 5 2,900 3% Jari 7% Apr 25 14% Jan 20 % Jun 5% 1 19- * : 19% % 19% •j 1.100 July 21% 21% 230 1% July 15% Jun * 23 23% 450 13 4% 100 21 Inc—______* Co— _1 — Corp. G 4 % .—25c 21%. 22% 24% Jun 6 17% July 10'J Oct 3% May Jan 4% 450 3% 3% 24 2V4 Jan 3% Jan Sep Sep Jan Apr ' 15 Co '■ — pfd— 8% July ... __ 11 Aug 5 8c Tobacco ... ...1 Feb 5 Apr % Mar 5'/a 6 registered Royalty, Corp Temper Trunz Tung-Sol 80c convertible Apr Jun Feb 19% Oct 5% Oct 9% Jun 14% Feb 14% 2,400 1.900 Sep 18 Jan 7% 8 800 14% 4 400 5: 2' 103 •A In 6% July 12% 20 5% 4 42% 2 2% 2 103> 103% T . 8 4 % ,l~ ...1 . 8% Jun 75 Aug Jan Jan 15 % Mar 115 Apr 100 4% Aug Jan 4 Xl8 0 xl8 3 . 33% Jun 1,800 1% 200 101% 11 16 2,700 5% 1 Feb 3% Jun 105 "4 Jun 1 % May 5% 10,100 2% Mai- G% 3% 4,600 650 2 % July 16% July 19% Xl8 % Oct 3% May 8 16% 50 16% Oct 26 4 20 8.900 8% Jan 20% 19 % 1,400 11 % Mar 20% xl8 July Feb Mar 18% 8 Oct Apr 47 % '4 3 16" Ill 1 200 18 4 3 % 18 % preferred 8 Apr 1 -.1 common 26% 113% % : Works % '97 41' • Lamp 3GV4 Oct 13% 600 — 7: 5 % warrants Inc 6 13 95 70c Corp 30% July 16% July 110% -5s preferred..—_ .100 — — Tri-Contjnental H 8 143 — __ -;20 Toncpa'n Mining of Nevada.. Trans Lux Corp.. True . common. Edison 4 % % 5" 12: 4 Security Trust Co L'd— deposit rets ord registered ..£1 18% — 7 % -..-1 —....— deposit rets del Shipyard Corp 3,900 % -- 1 & Construction.; Stocks 1,100 21% 18 13 25c Inc.:—/— Allied 35% P, — 18 ,4 cpmmon ——a.....5 Inc R 1 — ... Realty Tobacco * common. Markets 35' >! 21 ' $4.56 20 3 35 ....... Co Roofing Tishmarr * common....... common..... Light Amer Oct 29 Jan 33 3% 18% 1 -1 Corp Fell Mar Sep Sep Aug Sep 1% 700 % Apr 2 July 350 27% Jan 37 Oct 23% _i v t Jan 32 Sep Ulen 2% 1,300 2 % Mar 37/a Apr Unexcelled 2 2% 1.900 2 2% U 1 Corp 2 LOO S3 3 3 37% 100 Jan Chemical 330 97 July 50 3.714 25 Jan 102 % Apr Feb 46% May Gas Union Investment Rights Union of _10c ; Corp 1% 5 Canada. 4 * _I_4 Co.. of California— 5,700 6.nop 2% Mar 1,000 11% July % July 114 .Oct 43a Oct 16% Mar • — — "• _ Co 1% 438 15% 15% ; *■ -5 Va . — Oil 1% 37H 15% ',■"..33 32 ,7% Jatj % Oct A Oct x98% May 101% Aug 400 ■938 May ' ■ Inc .,$3.75 see 8% July 10% 5 Electric Steel Co footnotes Realization Union c„ Royce Ltd— Roosevelt % Sep Jun 8% July 33% July 9 % common.... Corporation 36% 3(3 Valley Gas Co— Corp) 6 2V4 16 9% 5 Die & 8c Shovel 2% 36 American dep receipts for orcl reg—£1 Rome Cable Corp common 5 Rotary 1% July 54% 8 15% May 23% May * Rochester Gas & Elec 4% pfd F_ 100 Rceser & Pendleton Inc common— " Rolls 4 Jan 20 5'. 400 1 Co Inc Power Toklan 25% 5 % Jan Mar 1 — common Electric Tampa May 1,230 21 % Jan 7% July 19 1.200 Corp Oil 100 SCO 10% ordinary— Ray Drug common Superior Portland Cement, Superior 16 2.600 5 — Sun Swan % 17% Inc & 1 10% 21 2% - (Hugo) Jun % 9% 10% common (J B) Co 2 1 20 17% — Stetson Sep 165 — Sterling Aluminum Products Sterling Brewers Inc !>Sterling Engine Co Sterling Inc Stinnes Aug 5% 2% .— Corp Co. Oct 3% 3% " Canada & 25% 2% Mar 100 —* Co class (The) Steel Mar 000 10% B Standard-Thomson Standard Tube 2,450 3% 5 9% 20 1 ——- Products Standard Jan 25% 17% common Aug 4% 5 —10 Light 26 Feb Sep Oct 1,709 10 Radiator—- Jun 31% Mar 8% 2 3"'» -* _1 Apr 33% 3% 1 Forgings Corp Standard Oil (Ky)— Power , 20 1 Dredging Corp common convertible preferred $1.60 Todd 27% 46% 20 3', 25 2.78 1 10 — Seal preferred Standard Toledo Co..— Jun 29% Jun Jan 13% Mar 28 % 46 * 0 Standard Tilo * ertric & Engineering——5 48% Jun Oct 101% July 14% Feb 6% 46 5 A — Standard 37% May Jan Mar % class conv Corp Stahl-Meyer Inc Stroock 98 Corp Queen Spencer Aug Sep Jan 5 Oct 3% 17 Co Koyady Standard Sep 67% 18% . Southland Jan 57 Apr 107 Pipe Line— Sep 4% 9% July Southern Technicoior Inc Sep 29% July 27% July —25 54% Aug 9% May 67% _* Rice-Stix Mar 32% 1 1 22 600 July * — Jan 27% 10 Sep 14 43% 1q Edison— 28% May 11% — Jun 36 Sep 25% July 3% Jun * Co_„— Jun 4% Feb 100 15% Reading Tube Corp class A——6.25 Reda 10% 25% 206 9% preferred—- Jan Jan 600 200 Manufacturing 2% 3% 12% A 17% Aug 5% Apr 25% 12% common. Jun 27% 65% 10 Pile 4% Sep 13% 3.800 3% Jan ——2.50 Investment 4% 14% Oct 46% 25% 20% common Concrete 13 % 3% Jan 26% Railway 8c Light Securities— Raymond 14 Aug 1 R Rath 2% 25 Jan lo Apr Mar 32% 1 comrrion... 325 July 1 - common common- Amer Voting common Railway 8c Utility 245 25 50 , 3o0 preferred 3% July 200 12% 100 Co 272 preferred 700 ■ 266 7% 21% Aug cumulative Feb Oct 35(8 common 268 % May 31 Aug 4.08% 17 28 20 % preferred Mar 4% July Jan Apr Jun Q 0'' 28 21% 1 Pipe Line original Thorofare Quaker Oats « 7'/8 4% 20 35% Manufacturing 47 preference— 191,1 common 2.000 5J4 Oct convertible 35 % com 150 5% Aug cumulative 20% Timber 30% Oct 5% 4.32% 2% preferred——100 & 29% 19% 4.48% Colorado— cumulative Sound 5% Feb 197/8 Mar 20% Sep common .——..* • Corp Manufacturing Oil 109% Jan Aug 5% May . 30% * preference 8% Gas 200 £1 1 Co__ Corp Apr Ltd™ preferred Apr 1 Co convertible 3% July „ 4% 10o cumulative 6% B_ Co 4.56(4 2,400 America— Aircraft Jan Aug 3% Mar 100 4 'A 1 4.88'i 2.100 Nevada.— class Solar 69% 15% 17% * ord registered Paper1 Mills; rets dep 19% 4% * preferred (Howard) 19'/) * Sep Oct Aug Publications— Jan 4 Vh of Co Atner 5% 51 15% July * common———— 10% Mar Feb 25 106% * Simmons-Boardman Smith 2% 19% July —* Ltd-, Breweries Co 4% .—100 . of America class A Jan 8% common Sep 18% preferred Corp of 15% 3% of Corp Prosperity Public Inc 14% 3% 350 preferred—-_„100 Prentice-Hall Apr 4% Mar 9% Mar 25 25 8 * Apr Aug 11% 1 20% 4% Southwest 4 Lambert Co... "2 2% 1.800 Southern California 8% 25c 9 Jan 45% 900 1 10 Jan % 66 % Oct May 2.50 common- Canada 4% % 1 5 — — A'exander Power Corp common Co__— —— common--.. Mining Co._ Powdrell 6% Wine Scale 3 % 3 % 1,000 63 % Shoe July Jun Mar 95% Mar 2,900 64 Sherwin-Williams 92 Jan 800 ' ——* common 30% Jan 80% July Feb 15% Piper Aircraft Corp common1 Pittsburgh & Lake Erie——50 Pittsburgh Metallurgical 22% 300 Sep Apr % 300 1 . 2,400 87 0% Jun shares Ltd 29 !s 86 % % 2 3% 6% ' Amer Mines 105% 67 % 10c ____ Pinchin 107 % May Sep 3% - — * common. Pioneer 35 % 38 __50c common. Governor 110 5% _* Phillips Packing Co——— Phillips Screw Co Pierce 20 111% 2% 110% 2.50 Pep Eoys (The)—— 1 Peppered Manufacturing Co (Mass).—20 Perfect Circle Corp.. 2.50 Pharis 11% * com pfd —— Power Sep ' A Light 4% ft 102 101% 27% July ,_1 Co 700 —5 common Electric Penn 4% 25 preferred— 1,350 42 * Corp 38,800 11'/a 2 cumulative 6 % 28 49 * Peninsular Telephone common— $1 cumulative preferred——. $1.32 41,000 11% „1 - Jun 15% -5 Parkersburg Rig & Reel— 28 % 86 % 2 38% 2% 1 , Co.—— Pennroad x23 2% 2% c— Panatapec Oil (C A) Amer shares Paramount Motors Corp. Patchogue Plymouth 14% x23 28% 1% Sherwin-Williams Penn * Jun 200 South 14% * common---. Jan 4% 6% Sonotone 7% 14% Jun May 105 July 2% July 2.400 Coast Jan Jun 12 4% 29% May ft Aug 1 100 24% South 6 6,800 7.800 3% . Oct 1% 1 B— 25 % 3% 1 class 2% Mar 13% 88% — Oct 1% 25 —__ 4 3% —5 „ 24 3 Jan 13 % 3% % Soss 98% 1% " 1 24 29% May 75 1 _ :— common Inc 10 % ' 4% 29% 64,400 1% — 24% Jan 73/4 1% * Sep 99% 2% 5 28 Vu Sep 2% Mining—— 27% 99% 7'.2 100 Sep 49% Coip common„„——-„1 Denn 600 80 7% Shawinigan Water & Power—;— 900 275 6% 24 % —1 Inc. B» Corp 2812 103% 3,000 2 % 1 Leather common— 29 103 7% 1 stock 2834 103''2 7 certificates 27% 29 1 5% preferred Pen Sep 10134 101% common Parker 29 * Ltd Light (C 34% — Page-Hersey Tubes Oil Sep A-—25 preferred Service 1st Feb 31% 32% —25 preferred Pacific $1.30 32 % 9% Jun 25 : preferred Lighting $4.40 6% 34% 300 37% May 25 1st 1st 300 1,300 67s Aug 46 % .———0 stock prior Allotment $3 Sep 35 35 7 pl'd —25 3% Mar * Co..—— $5.50 Silex 25 1st preferred 5ft 8% 357a 8'/a 8 Vi -5 common, Electric 6% 2,000 7% 25c Singer Manufacturing Singer Manufacturing Pacific 5% 22% Simplicity Pattern common Simpson's Ltd class B__ Pacific 4% 24% Co.— Inc__ Convertible Seton ———50c common Co 3% Aug 49% common Industries Serrick O Brass Jun 1 Corp General Sentinel Radio Ogden 5 ~i common Sentry Safety Control— Ohio Sep 9% 1.800 49 common common— Segal Lock & Hardware— Sep Apr Co Bros Aug 103 % May Jan Inc (DA) 111,; 10% Mar Apr Apr 8 4% .11—1 preferred Corp & 49% Jan 84% 60 101 Vz 101'/a 101 % pfd —100 Inc: 43% 2 50 Co RR 1,800 Jan 14 Jun % Aug 3,000 Oil—- Texas Ind 9% 3,700 1/,) 48 "a Airlines Northern 1 —5 North North 2,290 preferred ~5o Utility Securities-—-* Mines United Oil Inc (Dei) Fisher Brick 1,600 16 20% Ltd Corp convertible 18 4 14% 11,300 1 —— Haynes common.. Lawrence 1st 14 la American Rayon $3 North St 17 12! Feb 13 Feb 13 July 11% Aug 7% 12% Jun 14 % 600 High 8% July x7% Petroleum 1534 * Northeast Consolidated 18 Niles-Bement-Pond Nipissing Ryan 15 3 4 5 North Co 1 "4 500 1.25 Aeronautical Ryerson & LOW 9% 7% ... Ryan 1 — Hudson Power common-. Niagara Share Corp common— 12% Range Since January 1 High 9-% U Co Ltd Fifth Ave common Russeks Low —1 common.. Royaiite Oil Samson Niagara Corp u JX 31 , (The) Rowe Sep Shipbuilding Corp— —. Monday, October 16', 1950 . l:i for Week of Prices Last STOCKS New York Curb . EXCHANGE ENDED OCTOBER Sales Week's Friday . page I_io 31. 1014 11 32% Ilia 31% 33 100 . 800 3,300 9 6% preferred series A.. 9% Apr Mar 11 % Aug United Aircraft Jan 12% Sep United Corp Oct United 22 % Mar 33% Union Stock Yards of Corp „ common- 99% 99% 997a 3% 3 \ '2 338 4.100 2% Mar 4% Apr •v> Omaha Products Vb 48.600 Jo July ft _ Jan Jan 51% Oct 300 .100 -50c 64 11s warrants Elastic s .. Jan 72 Jun .1 53 tT CO CM 53 1,100 23 Number 4951 Volume 172 . The Commercial and Financial Chronicle . . NEW (1463) Week's Friday FOR WEEK EXCHANGE ENDED OCTOBER 13 Last Range of Prices BONDS Shares Interest Last New York Curb Exchange Period Sale Price for Week Sale Price Par Milk United Products deposit rets RR United NJ United 10% Sharing Shoe Machinery Preferred United July 10 a«" i'i; 200 41% 43'% 4,900 42% 15 16 41% 16 1% % 1% 1 21% 20% 21% Securities * 4% 3% preferred with warrants * Air S Foil Co U S and International $5 1st B class 4 90 . S Radiator U S Rubber Reclaiming Co Milwaukee 1% 800 4% 93 Mar Jan 7 Sep 23/4 2 Apr 1% Mar 31 31% 550 25% 3% 1.800 2% 40 Feb 63% preferred convertible $4 Vanadium-Alloys Steel Co_ July 28% 31% Sep Feb 3% Venezuela Vogt. Syndicate 35 % 38% 7% Inc 4% 4% 13 Va 14 Feb 68 Feb 27 7% Sep 80 with A6Vis ex Oct Oct 1940 1 • — Wagner Baking voting trust ctfs ext—* 7% preferred 100 Waitt & Bond Inc— 1 1947 1 6% 50-year Harbor Water 3Vis series Southern California 2% 4% Oct Southern Counties $2 Ward Watch Co t v 1st Jun and 1st Utilities Texas Western Maryland Tablet $6 Westmoreland Wichita Williams Willson (R 6 5,850 3 % fc ref M motrgage 3s (A G) Gas 1911—May-No® Ifar-Sept -Mar-Sepf 104 % C) 1 5% preferred Winnipeg Pwr Industries pfd. 21% Mar Feb 20 Jan 24% Mar 2V% 15 7% Gas 13% 300 4% 4,200 3% 13% 14 35% 35 35% — 3% — 250 26 14% 15','4 800 13 Woodley Petroleum —8 common li 1J ', 14 800 10% Woolworth (i'/c W) 5s Wright — — Ltd "l% ~in * Aug Friday New York Curb Period Exchange Sale I'l ice or Friday's Bid & Asked Low Appalachian Elec Power Atlantic City Bethlehem Boston Electric Steel Edison A Central 6s 3%s 3Vis Aug Elec June-Deo 1964 Corp 1970 June-Dec debs 5s 164 1948 101% 103% 105% 105% 1 105% 106% 9 89'% 100 100 178 81 76 Jan-Julf 50 50 35 58 50 50 38 58 159 60 49 64% 100 3%s debentures Transit with A7s ex Dec Dec income A5s 1947 Western 6s debentures f Cities Service debenture Co 14% 94 106 June-Deo Lack Lackawanna 1st of N mortgage A 1st Eastern 4% Feb July 2 Interest Last Period Sale Price Range Since Sold Jan. i No. Low 164 106 101% 102% 24 111 111 Va 41 98% 111% 101 Danish External $53 May-No® Feb-Aug 84 85 75 5s Danzig Waterways — stamped 1952— Jan-Julf $7 % 6%s stamped 1958—Mar-Sepi 1955 1953. & Port AExternal 6%s ALlma 116% 117% 33 104% 117'% 54 9114 102'% AMedellin 100% 100% 100% 102 99% 101 % Mortgage 101'% 7s Bank of mortgage 4s series B & Fuel 3%s 1965 Water Lt Marelli A6V2S with A6Vis & Elec Nov Nov ex RR 1993 May Mfg 1 1 50'% 50 52% 99% 5 116'% $114 — 36% 11 103'% 103 V% 103% Mar-Sept of of Oct 118% coupon 1953 57% $5G May-No® 5s Residential Mtge —May-No® $25 „ 61 Rio de A 5 Bank— stamped 1961 Mountain Green Power 3%s Guantanamo & Western series A (coupon A6s All issues A6 Vis Power A6Vis A7s A7s E (Aug series A7s C (Dec series A7s June-Deo on 73 82 1 1941 coupon) 81 81 82 45 33'% 44% 54 Janeiro are Jan-July the . 81 88% as 20 15 Rail¬ Util¬ 10 Indus¬ reduced 2% to ♦No e Odd-lot par value, 10 Oct. 11 A Oct. and 13 25% 34% 2'% 34 Va 34'% 1 n 3- 2% 20 1% 3% 2% 2% 43 1% 3% 1997 A) Jan-July Jan-July June-Dec 1919 delivery transaction included in year's range), asked prices; no 80 80 1 56 95% tive; "conv," convertible; 81 23 53 91% "w 1," First Second Grade Grade 10 Total Util¬ 40 Rails Rails ities sales being transacted during used when Issued; certificates of above—"cod," deposit; "M," mortgage; "n-v," non-voting "w w," with warrants; 95.35 104.41 Over-the-Counter Industrial Stock Average 104.35 Compiled by National Quotation Bureau, 101.86 82.32 101.90 106.01 94.75 104.24 101.73 40.39 82.95 101.83 105.85 94.76 104.14 101.65 41.10 9.._ __ — 69.67 40.54 82.93 101.80 v- 105.76 11 12_—_ Oct. Holiday Holiday 13™-——,- — High 41.25 Oct 13 41.20 7..— 10 Oct. 228.54 Inc. Range for 19R0 ..Closing Date— Oct. — 38 for c« "con®,"consolidated; "c^'' voting trust ceruiican®, stock; "v t c, 101.95 106.01 94.99 40.46 102.07 25% 31 current week. "x w," without warrant®. Bonds 106.05 69.64 82.94 18% {Reported in receivership. Abbreviations Oct. —_ __ (not included In year's r*nge). d^Ix-interert. f Ex-distribution, g Ex-stock dividend. nE ■ (35 Stocks) 10 68.54 12 Oct. Jan-July 111 Bonds being traded flat. 92 228.97 40.C2 37% 25% 95 227.60 101.97 31% 36% 25% 2012 (not 86 68.83 trials 91 $36% — n 54 ^30.02 83.66 48 Mar-Sept Deferred a transaction 55 roads Stocks 52 37 72 m Under-the-rule transaction (not incl*ded In year's range). 1 Transaction (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-llquidatlng dividend. principal, 55% 69.72 ities 50 50% 82 2008 6%s Government Oct. Oct. 50 $78 1921 6 trials 40.78 38 54 June-Dec compiled by Dow, Jones & Co. 65 33 46% — 53% $52 C D E) 3 23181 9 37 Averages Total 9% 23 $52 (Plan Oct. Oct. 53% —Bonds 30 7— $34 % 14% May-Nov (ser A B 11 10 Oct. 15 April-Oct June-Dec 1931 5s 1972 stamped 81 -Stocks- Indus- 7 A) 85 daily closing averages of representative stocks and bonds Exchange 89 — 1947 6s 2Vis 73% • , 1952 the New York Stock Date— s to 76 1957 1952 coupon) 14 8% — 78 81 1955 Feb-Aug coupon) % (Plan of) tFriday's bid June-Dec Stock and Bond listed 45 Sec— 1957 (July 1941 Below 104% 40 55 Jan-July 1955 1941 F 102% 103% 103% 145 $45 1958 95 66 ■ 71'/a redeemed 11% series 1963 52 75 RR— on) market AEx-coupon International *70 Mar-Sepl 78 —■ 1947 1927) 1927) Denmark reduced to 2%s Interest __ , 54 1 22 20 21 May-No® 1951 Chile of of stamped (Republic ARussian Finland Bank Bank Interest Peru 1 %s 1953 coupon 71% 46% 2 54% June-Deo 2008 2%s May (issue Parana 103% 114 — 76 65 % Co— 1940 1947 50 Jan-July 1956 5s 52 8 High 71% 176 Bogota— (issue Mortgage 65 % 76 -- — (Plan At to stamped A7s AMortgage % Jan. 1 Low No. 104% 101% 102% 64 Range Since Sold 75 5%s External Bonds High June-Dei 116% 64'% Friday's April-Oct Jan-July 1946 1947 (see Mortgage Bank of) Valley 7s 1948 Cons Municipal Loan— 7s Jan year ACauca 173 101% ATay-Nov 105 (Col) — 7s April 20-year Bogota 109% 161% 7 High 106% 103% High or $76 Jan-July 1993 120 101 Bid & Asked Low Interest reduced A 107% 116% Week's Range BONDS A 20 Bonds RR— series 97 106 105 *102 Feb-Aug 1959 Jan Division— J 4s 106 116% 116% June-De® New York Curb Exchange 102% Gas Elmira Ercole Western & 91% 94 106 Mar-Sept 1954 Sep A7s Delaware 63 Foreign Governments and Municipalities Oct Jan-Julf 1977 3s 104'/, Union— City (Peru) Maranhao stamped 1947—1978 of 60 125 1956 1960 5s debentures Mar-Sept 1954 100'% 103% 156 .June-Dec 1956-. coupon coupon Newspaper s 103 % Hotel— Traction conv 125 —_ May-No® Washington Water Power 3%s 1964 Penn Feb-Aug 1953 1953 Authority— Co— 1940 1 1 Waldorf-Astoria Authority— series revenue 90 • — 1969— Service 99 Vi A5%s Chicago 100 12% Mar 111 Jan-July ( Oct 35% $103% 104 Quar-Feb 106% — Aug Feb 108% 106% Jan-July 1998 l 2%s series A States 1970 105% 103% — 5 1940 coupon 1 Electric Week's Range Last 108 104 lb ■ „ 104% 104% April-Ocf & Tunnel revenue A Interest 109% 105% 105 ' —— — 1104 104% May-No® Aprii-Oot 1966 1946 Agricultural Mortgage Bank B O N D S 103% 103 102% 102%, 1947 coupon Aug 1 107'% May 16% Apr July "l% 4,100 102% -104% 41 Feb-Aug 1989 5s coll trust Corp— stamped with ex A 7s £1 Hargreaves 105% 4% Mar 3% Mar — 103% 103% 104% Friday receipts deposit preference 1 1106 % Ltd— (F American a 165 May 14 % July 15 160% Sep 13% 104% Mar 2 Inc Sep 9 12% July 12% May 1,100 — 2 Jan-July & Eros 5s 2%s Aug 9% Apr 61 — (Calif)— United Oct 4% Sep — 1104% 106'% April-Oct 1970 1971 Triborough Bridge 22% Mar 4% May 9% Jan ■ 100 Jan July 900 __ 13 4 * 4 % 'Jo Lt 37 Apr 14% 200 8% __ 13% common & — 1 w x Elec Wisconsin Apr 18% 17'% 17 8% 106 55 1 Hydro-Electric Co— A6Vis 28% Mar 27 __ 17 ..25 25 w Oct 500 2nd A6Vis Jan 200 — __ 8% 1 common w — 17 5 * Inc Brothers preferred 114'% Jun __ 19% Ternl West — 10 Co & Aug Aug 375 — 19 9% Feb 105 — 1102% 104% Feb -Aug 1973— B 3Vis stamped i946 (Hugo)) Industry— A7-4s Jan 111 36% .— 19 6% 157 24'% 100 104%. 106% 103% 103% Jan-July 3rd Stinnes July 90 ■ — Apr 3 July — 3 105'% Apr 13% 7% July 50 — 2% 105% 98'% 162% 162% 103% - series 3s 3s (Hugo) A7-4s Sep 20 26% 36 — l Co 199 26% — 5 Corp___ 112 190 20% 1 % Mar 400 8%. 111 % — 190 __lo Corp 5% Woodall 5% 8% +.— Products Wilson Feb 8% Jan 115 Feb % 20 , Oil (The) 9 V% 6,200 Mfg (Win) River Wickes 2.350 2 * : Whirlpool Corp Whitman 200 13'% 1% preferred Inc Shoe 1% 12% 2 1.25 Coal Westmoreland Weyenberg 1% 13 — Ry 7% 1st pfd__10o Stationery com * & 9% Jan 56 Jan-Julf Corp Corp Inc 3% July 5% July 109 6 Baking Co warrants Manufacturing West 500 ' 1 i w c Wentworth Western •6% Jan 30 preferred cum SWaltham 1V% 104% April-Oct 1973— A Oct 16 107% 104 3 ' Sep 12% Jan 104% 4 CO 0: 125 1998 Power 8 2,200 6 104 »c^ Co— Gas 1952 Starrett 6% 105 CO cc Ban Joaquin Lt & Pow 6s B 1952 Southern California Edison 3s 1965 Spalding — 106'% Borough Gas & Electric— 40 Feb coupon debentures Jan — — 106 105 104 April-Oct 1960 1960 coupon Public Service Electric & Stinnes Co 103 2 56 Jun W Aircraft 10 56 A6Vis Southwestern Gas Si Electric 3'As 1070.. Waco 69 103 % 105'% Piedmont Hydro-Electric Co— 3% Mar H 56% 60% 105 1958 1970 13,100 4% Manufacturing 5 450 8 63 43 103 105 1971 3s 29,600 7% 1 107 Apr 50 —1 j. 68 1105 Jan Jun 400 74 80 —20c Petroleum Venezuelan I 1961 13 Jan-Julp Safe 7 78 1967 4Vis 3%® 1st mortgage 3Vis mortgage 3 Vis Oct 24 1 5 * common 98 ; 56 105 1st 5 '/as series A Corp 25 55 68 ApriZ-Oct Mar-Sept May-No® 1963 Light + 55 Jan-July Park Queens Valspar 79 OO April-Ocf April-Oct Lexington 1st mortgage 3s 1964—— Jau-JuZf Pennsylvania Water Si Power 3V%® 1964—June-Do# Ohio Power Sep 1 % Mar 50 Feb Jan 60 3 % Gas Jlfar-Nov 1963 6s to New England Power 60 3% Sugar 4% Jun 500 31% at Jun 4% 10 Co Extended 17 84 50 2% 5 Products J High 2% May 2V« lo Insurance Universal Jan 22% Aug 2'% common Universal Apr 43 1,300 — coupon 1940 1 Jan 1% 6% 10 . Valley RR— % Jan 90 % Midland 6 49% July 2% July % 1 Superpower 15% July 6 Oil— Consolidated Altalian Oct 1,800 6% 50c • common Universal Nov A 7s Mar 5,300 1 common with Aug 1 1.700 % 3 +56 1952 coupon 1952 1940 1 12 1 U Stores Corp 1 Nov 40'% 180 87 Jan-July 1953 certificate® escrow with 246 40 2.100 88 % Jan. Low Hydro-Electric Co— A 7s Oct Jan 236 — 1 10c Specialties common— Conditioning Corp S ADebenlure Sep 4% High No. Interstate Power Co— Co July 4% Aug 244% 244% • __ 25 1 U Utah-Idaho Oct x24 Feb 3% — 41'/« 25 10 25 common —. U United 244 % -.100 common preferred United 17% __ __ 10% Range Since Sold 87 High 7% July 25 Bunds Friday's or Bid & Asked Low Isarco registered ord Canal & Profit 9% -- ; Low High 9'% — Range Since January 1 Ltd— Co Molasses Amer * common... preferred--—-—* particpating United Low Week's Range Friday Sales STOCKS New York Curb Exchange 75c CURB YORK RANGE Low 34.25 July 13 41.01 94.94 104.13 101.66 Range tot 1949 40.93 Holiday — 41.25 High Low — 35.20 Dec. 31 27.79 Jun. 15 31 32 The Commercial and Financial Chronicle (1464) Transactions at the New York Stock 1950 Week Ended Oct. — ">80 31,071,000 3,3G5,000 1,873,590 — 3,569,000 2*033,120 Wednesday 2,340,000 2,202,920 Tuesday 3,314,000 Friday 164,935 $14 000 $37,0CG 413,395 110,000 30,000 $9,0 3,948,000 Monday Tuesday 360,175 113 000 37,600 437,575 133,060 Thursday $15,866,000 $5,000 $1,702,000 $14,159,000 9,409,740 Jan. 1 Week Ended Oct. 13 1950 U. 202,020 — 102.000 21 000 2,030 125,000 1.801,970 Total $472,000 $194,000 $29,000 $695,000 1949 $206,700 435,000 873,000 $1,471,500 80,457 370 72,342,470 14,159,000 12,581,700 787,421,300 533,687,700 $15,866,000 $14,053,200 3868,520,370 Railroad Industrial. ti Total 1949 1950 1.301,970 1,566,890 $<72,000 $711 000 194,000 55.000 29,000 62,000 83,314,811 46,127,682 Bonds $607,364,170 $5,000 shares Jan. I to Oct. 13 1949 1950 of $461,000 1,702,000 Bank 168,000 69,000 425,890 Stocks—No Government S. International 149 090 Holida* 189,729,070 395,366,093 Bonds Foreign 0 to Oct. 13' 1950 1949 6,302 887 9,409,740 shares ol $51,000 ______ Week Ended Oct. 13 Stocks—No Total 18,000 Wednesday 3,698,000 — 384,000 Friday Total Corporate Saturday Holiday _. Foreign Government Domestic 3,165.030 „ 379,000 — Thursday Foreign Shares• — 354,000 ... iPar Valuei Bonds of Week Ended Oct. 13. 1950 $1,161,000 3.194.000 495,000 P74 Monday (Number Sal?* $5,000 SOO.OCO 2,325,830 Saturday Bond Bonds Bank Bonds Bonds Shares Exchange Stuck* Government United States Bonds Foreign and Mitcel. Number of Monday, October 16, 1950 Daily, Weekly and Yearly Total mt'i Railroad . . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Stocks . Domestic Foreign government Foreign corporate Total 7,000 11,913,0 0 1,995,000 $828,000 $995,000 $25.8 $39,725,030 $27,765,000 7,946.000 1,360.000 $37,071,000 OTHER STOCK EXCHANGES RANGE FOR WEEK OCTOBER ENDED 13 Week's Sales Last Range for Week Sale Price of Prices Shares Friday Boston Stock Exchange Friday Week's Sales Last Range for Week Sale Price STOCKS of Prices STOCKS— Shares Range Since January 1 Chrysler Cities Par it ** American Sugar Agricultural Chemical Refining Te. 47% • 100 American Low 100 * American <s* u, American Woolen Anaconda Cuupci & Albany Boston Boston RRi.-r- High 47% 90 42 38% Jan 2,908 146 % Jan 21% 34 35% 116 High 55% 35% 117 Low 151% 32% 34 50 100 40 161 48% Sep 60 Aug 161% May Column** Day 36% Sep General 36% Sep hauuiitti cash Jan 118% Sep National Distillers Motors 40% 41% 3,554 39% Sep Jun New 6% 6% 6% 100 6% Oct 6% Oct Ohio 49% 532 32% Jun 49 % Oct Pennsylvania 6% 200 3% July 6% Oct — Hit— llo prior preferred — 100 Feb 6% Aug 100 100 Common Eastern 6% 5% 5% July 7% Aug — 83% 85% 273 64% July 85% Oct 165 66 10 L.nea So 150 85 Jan 98 12% 30% 31 48% 22 128 52'A 52 'A 54% 1,178 41% 41% 42% 164 26% 26% 50 * 17% 17'A 65 30% 30% 66 40% 40% 50 20% 19% 20% 140 10% 10% 175 43% 45 33 17'A • Central—' July 11% Julv 28% Jun 41% Jan 49 % 14% Apr 34% Apr 52% Oct Sep 54% Oct 32 'A July 42% Oct 21 26% Oct July 8 11% Jan 17% Oct Aug 11% 11% 11% 100 100 —100 61'A 61 61'A 75 Oct 11% Oct May 64% Feb May 54 10% A .<?. *. 1 68 69 __ 38% 38% 19 —* 18% 19 20 58 75 Jan 130 I# — RR 50 — 33 %c Oil Pure 5 -*•> Oil 43% " 29 34% Feb 32 aY Oct Oct 26% Mar 40% Oct 15 Jun 20% Oct 8 % Sep 11% Mar 174 26% Feb 45 Oct 33% 100 28% Aug 33 % Oct 16 Feb 24% Oct Jun -«o — pfd .series preferred series B— preferred adjustment 6% Eastern 79 6% . 78% 840 new m— 1st 6% 77% 6% — Associates- Fuel & Gas Eastern 6% — 10 Service Cities 4% 0 Hetm di 48% 6 100 BR— Providence & 3aiuxnet : pfd 1st 49% 100 stamped cl C 1st pla stamped—— class A Boston 34 % Mar 48 % —* Edison Ohio • 5% I'fc 29 48% Rigl.tj Maine & 60 'i V— paid Stamped $50 Boston Oct 30% 30% _5 new Register Pepsi-Cola York Oct 82% 85% 40 % 40% 51 84% 64% July 17% Feb 107 62% July 25 7 Light- & Electric High 242 85 % * uai Power rt*»nf>rfll 25 El»" * . Low 84 % 30% 84% 10 —— 27% Mar 70 428 118 July Service Products City Range Since January 1 High 80 % 25 Corp 100 Edison Boston 54% 150 150% Low Par 32 * Apr 41% Jan 588 18% Oct 24% Feb 33% Aug Employers Group Association-—:■—_—" 38% 38% 38% 30 First 73% 72% 73% 212 49 48 'A 49 1,473 44% 42% 64% 45 66 50) 31% July 45 Oct 632 49 % 66 —1.40 Standard 24% 5 Co. Southern 24% 147 11% 15 Vacuum Socony 11% 150 10% July 13% Mar 23 70 20% July 24 % Mar 47 July 57% Oct 34% July 39% Aug 23% * Brands 22% 22% Standard Oil (Indiana) 25 57.% 57 % 57% 155 Standard Oil (Ky) 10 37% 37% 37% 50 Standard Oil (N 86 85% 86 % Standard Oil 32% 33 123 25 % 35 % 35% IjJ 27 July 20 33 % 10 42 25 J) .—25 (Ohio)—— Studebaker 35% 5 85 66 Jan Jan 86 % Oct 33 Sep 35% Oct Sep 71% Schenley Ind new National o.k a- Electric General Gillette Safety * —• Co____ Razor Copper Kennecott * ' —_ • 100 Lone Star Cement Corp.. Centra* Maine — .nmon New N Y : EncUiC 20 Pennsylvania Stone Union U 21% 547 Cu 22 13c 30c 14c 15c 11% 863 10Vb July 300 92 96 97% 11% 12 70c 70c 1,100 20 Sep 7% System Inc — Vv'astinghouse E.ectiic Corp Jan 12 96% Jan 104 Aug 37 220 29% Mar 20%, 19'A 20'A 887 14% 6% 6 85c 6»A 6% 85c 6'A 360 16'A 16% 200 — __ — 78c 84 5% July Feb * Detroit Corp Cincinnati Adv Ciic.nnati Gas 16% July 23 % 30'/a July 37% 30% 31% 120 22% 32% Ford 65% 63% 65% 3,020 42% 42% 43% 820 „ 50% 50% 25 13 Vb 32% 13% 33% 85 .'■ * 32% • Feb 50% July Telephone: 49% Jan Jan 50% Oct 11% Jun 14% uan 29% July 36 % Jun J111 Friday of Prices Shares 17 High, 22 Electric Brewing 17'A Low 22% Jan 17% 200 14% 17 321 14 46 % 200 32% July 5% 110 5 5 31% 5 32% 90 135 High Apr 16 % 5 Cincinnati Milling OLiect Cine F-'h & B<* Crosley Motors Eagie Picner Foimica Machine__ a.,,,,ay 10 32% 5% ______—25 Te. 50 ——_ 70 _— ;—• 5 Vb 70 3 6 10 : Insulation 32% 32% 35 5'A 489 70% 807 July 5 Jun 5 Mar 27% July 3 55 26% Jan 4% July 6" Juiv 2'A Aug Kahn Art 19% 19% 100 15% 38% 38 38 % 100 29 • Krogei G 8C new 46% 68% » : "B" Rapid S. 52 46% • common preferred Randall U. 51% 46 % • Lunkenheimer P 51% 50 ... preferred 17% Collated American Anaconda 17% 205 95 67 68 912 227 30 16% 16% 49 51 'A Jan 20% May 46% —50 7'A 6% 35 Chrysler Corp Consolidated Telepnone n Telegraph—100 Mining 54 15'A Jun 12 181 _ 49 34 150% 150 151% 350 Avco Manufacturing Chesapeake & Ohio nut <- 35% 35% 35% 91 10 45% 43% 45% 883 37% 5% 80 Jan Continental Daviuson Aug 3% 335 Jan 14% 8% 8% 835 9 10 8% Oct 25% Oct 25% 25% 35% 150 1% 1 % 2.140 lie 17 16% 17 % 1,110 13 % 13% 13% 350 82% 1,402 9% Oct Oct 9 25% Oct Mar 1% Sep Jan 18% Jun 12% July 15% Apr 146% 30 26% Detroit Gray Aug 60 Feb 47 Mar Jan 32 26,452 32 111 63 July 18% Aug 29% July 136 111 83 Oct 24'A Sep 35% Mar Oct Oct 32 Oct 111 Oct 8 % 1 Navigation 5 _ 8% 500 6% Jun 9 Aug 23 7 % 7% 240 6% Apr 7% 7% 8 % 4.015 7% Feb 8% May 22% ■ 8% 23 4,155 21% Julv 24 Sep Mav Iron 1 2 'A 2'A 100 1% July 2% Apr 1 3'A 31/4 100 2% Aug 3'A Jun 17'A July 4% Mar 22 'A Aug 6 % May Motor Jan ;i K. Ill 1 _ - .__20 Mogul July 225 222 7 Economy Baler Co Frankenmuth Jan _ -•— Edison Federal Aug 46% Mar 23% 3014 32 __ Motors Federal % Juiy 23% 30% _■ 3 Cleveland & Sep Jan 80% • _ _ Bros Detroit Jun Ale ... .. Brewing. new 5% 100 2 1 8 2'A 405 27c 28c Jun 44c 52% 54% 6,095 50 Oct 54% Oct 3% 3% 400 J Apr 4% Jan Sep 11% Feb .10 .. _ 2% Jun Goebel Sep Graham Oct Cti-eot Jun 52% 1 _ Higbie Mfg Co common 800 2% 26c Oct 3'A Mar Jan Oct 18 745 5% 1 1 com. Gerity-Michigan Corp 22 3 .. Biewuig General Motors 22 .5 ... . Truck:.. 69% 69 % 227 20'A 16% 49 12% Sep May Aug 161% May Brewing Paige Motors Lakes 5% Oil & convertible Hoover Howell Hudson Ball Motor Sen Hurd Oct g% 7% 8% 150 6% July 8% 31 % 31% 20 25'/8 July 31% Oct Hep & Car King-Seeley 9% 200 8% 2'A 150 1% % 1 % 1% 41,125 6% 6 % 6% 200 9% 1 _ . .10 10 -2% 0 __ . . ' 15 15 100 Oct 1% Oct Feb 6% 6% July Apr 19% 3% 321 12% 8 200 12'A Jan 4% 200 3% Feb 5% 17% 636 13% Feb 17% 15 Oct Oct Aue Oct Sen Oct 3% 3 % 100 3% Oct 4% Jan 1 7% 3 % 725 4 V2 Jan 9'A Sep 1 27% 28 225 21% Feb 31% Jun 4 100 3% Mar 5'A Apr 5 - — 17% 2% 17% .12% common 8 17% Jun July 1 4% — 1 . Mfg Kingston Products 9% 2 'A 1 1 . preferred Motors Kaiser-Frazer Lock _ 1 1 _ Manufacturing Electric 36 31% _ common— Chemical. & Bearing 45% 25 13% Apr Mav 3 Imge 41. Jan 13% 1 ___10 _ Aug 11% 49 76 Jun 6'A —25 _ common $4.50 preferred 20% Jan 13 11% 3% July 3 Machine..—.. _ 42% 55% Mar 221 539 10% Jan 4 7s _ Paper Apr July 17 50 Armco Steel For font 11% 2% 657 7 Rights Hoskins 1 ... 800 4% 1 .... . Power Apr Mar stuck* Airlines 3'A Oct Jan 46 12 . Printing pref—— American 69% 20 227 67% 100 5 68% 263 High 3% 4% 5 _ Mlg . Adding Consumers Frier* Gibson Low 3% ft Juiy 19% , Range Since January 1 High 4% 1 Michigan. of Bearing new Company Detroit Cincinnati Low Range Since January 1 18% 46 32 _ Market Burroughs 16% 5 Shaies 1 _ _ Rubber Bear Budd 46 8% Tor Week 1 _ _ Brown-McLaren 1 172 Range ol Prices Par Bower Roller for Week Sales Week's Last Sale Trice STOCKS Big Sales Range 21% * common. WOodward 2-5525 Detroit Stock Exchange Oct v 37% 797 65% 40 Exchange Week's Low —_——* E.tCaf.c DETROIT Building Aug 8 —— o*. Curb Exchange Stock Exchange Sep 31% 20 Prod— York Midwest Exchange Oct 45 139 10 Chut ngold Jun Apr 22% Sale Price _ Oct 36 Jan 16% 36% Par Paper Jun 29% July 7% May 13 % July 20% Last (Philip) Stock Oct 1% New York Stock Exchange New Sep 6% 35 -- STOCKS Carey Aug 41 Sep 20% Jun 3% Mar 500 47% __ Friday Champion 41% 50% Jan Members Sep 46% 100 Cincinnati Stock *— 20 July July 25% Watling, Ler'chen & Co. Baldwin Baldwin 23 J Oct 1 100'A * 12.50 _ 33'A 102'A May AHco Laundry 33 '/4 12.50 Jan Allen American 41 Oct Jan 44% ——10 S Rubber Co 46 % 39 % Elec 13% Mar July 45"% __ * common 41% 46% May 29c 700 25 ——: Westinghouse 41% ... Feb 5 Machinery (new) 9% May 15% July 11% __ * Drill-..— Shoe Waldorf 20 'A 16 * Inc___ Co IrtiP United Jan 97% —.—• —_— Webster Twist United 7% __ 10 2.50 Machine Aasn & 59% 150 50 Drug Co Torrington Sep — 100 : RR Folding Rexall 42% 25 Hi— (N Quincy Mining Co Shawmut 60% July 8% July 125 100 Mills Reece 528 59% 7% • RR Northern Pacific 72 13 -iteel 80'A Mar 12% 11% 2.50 Minina Butte Apr * Bearing Carbide Union -S ■—5 Roller Timken U 56 7% 100 England Tel & Tel New Ha.cn & Hartford— North Apr 20'A 1 System Cos.— Service England 50% Mav Aug 13 . National 40% 65 76% 59% 7% — Mergenthaler Linotype.. : * Niuraganseit Racing : Assn———1 Nash-Kelvinalor —5 New 4078 M**r 64% July 1 3% 4 Volume 172 Number 4951 . The Commercial and Financial Chronicle . . (1465) 33 OTHER STOCK EXCHANGES RANGE Week's Range Shares Friday STOCKS Par Kinsel Drug (S Kresge LaSalle Screw Eroducts National Elec Packard Motor Peninsular 412 205 2% 200 1% Jan 20% 325 15 % Jan 3 3 3 3% 3% 3% 180 4 4% 1,826 2% 2% 200 1 Products Jan 1% 38% Aug 1% Jan 2% * 220 2% Aug* 2% Apr 3% July 1% July Jan Illinois Central RR (Un) Feb 1% Independent 42 3% May 2% Aug 23% Aug Jan 3% Intercoast Rickel Brewing (H W) > common & Co _ Huei Raisin 2% 2 _ Rudy 21 Manufacturing Paper 5 . _ 375 2% 1/235 7% 510 2% — 2% 7% „ l 21 2% 300 19% July 2% International Int'l Tel & Tel Corp Jan Kaiser-Frazer 2% Jan Kansas Power & 6% May 8 Sep 2 3% Mar Sheller Soss in Manufacturing Mfg - 12% 12 % 250 11 13% 13 % 13% 600 11% July 8% Mar Tube class Timken-Detroit Axle B common — 9% — 5 — 9% 850 3% _i . __ 3% 300 18% 9% 1 Co Standard 12% 1 common 18% 660 July Feb 2% 14 Jun Kern Union Corporation Investment Rights — Laclede Lincoln 10 % Jun Lockheed 4% Apr Loew's 19% Aug 10 Feb 13% Jun 8 Jan 9% i"B 530 1% 1 'A 400 33% 242 Los Mascot Oil Menasco Friday Week's Last Range Oct '16 Oct Apr 1% Jan Middle July 33% Oct Airlines Radiator Amer of Prices Shares Range Since January 1 San High & 520 20% July 38% Co Tel American Tel American Woolen & Auaconda Copper 2% Aug 3% Jan 3'4 3(4 180 2% July 4 Jan a36% a38;,4 465 29% July 10% 13 • a63% 100 (Un) Steel Armco Atch Avco (Un) 150'/a a34 , 11 375 1278 1338 520 a63% a65% 132 1501 9% 36% Sep Ohio Baltimore Bandini Barker Bros Aviation Eendix Home 146% Co Bolsa Chica Borden Sep Case I) (J (Un) Co Caterpillar Pennsylvania RR Co Pepsi-Cola Co (Un) 10 Mar 133 .9% Lighting Motor Packard Corp World American 13% 14'J, 813 15% Aug 9(4 Jun 16'/a Oct Pullman 3% Jan 7% Apr Pure 16'/8 151/4 5% 51/2 6 8,650 19 '4 Incorporated Oil Apr 1,175 10 Feb 13% May a48% 165 35% Jan 51 Reserve al4% al4% 35 1 '/4 1% 3,500 43% 43% 659 5 a48 % a48' 1% 50c * 2 1,502 7% 7 3'4 37(4 37(4 250 5% 5% 1,150 50% 50% 200 ——2 5 —1 534 15 —5 Inc—_i0 a69% 235 a68% a70% 10% 10 (2 535 16 >/2 17 1,450 a25% a25% 10% Mar 1 Aug 15% May Radio 50 Rexall 2% Jan Rheem 44% Oct Rice 6% July 25(4 Jan 47/a Mar Feb 50 Oil & 9(4 May 37% 8 Oct May 51% Mar 56% Feb 70% Jun 7% Jan 11 Jan 18% Jun 24% Jun 80 40 Mar 51 Sep 1,885 14 Mar 20% Oct 52% 52% 110 41% Apr 52% Oct a43% a45(4 10 43 33 Jan 44% 745 1 14% 15 % —1 a5% a5% 35 81 84 1,736 a82% a85 51 -1 (Un) of N Y (Un) 3% 3% 800 • 1 1 23(4 840 a23 a23 (4 18% Class 11% July 4 Jan 63% 18% May 7% Corp (Un — 15% Mar Oil & Farmers a28% Gladding Goodrich Electric (B F) Co Oil Richfield Ryan Hotels (Un) Hudson Hunt Motor Foods Car Co Company Inc For footnotes see page 41. 2*20 2.20 4,000 20% 20% 422 16% Mar 9 9 115 8% July 1.25 Jun Oct 2.20 22 Oct May 9% Feb Oct 26% 26% 181 21% Jun 26% 17% 16% 17% 2,123 11% Jan 17% Oct 14% 14% 14% 505 10% Jan 17 Aug * 72 27% 6% Jan 10 % 23c 31c 3,700 Jan 50c 1.90 1.90 1,190 a30% a30% 120 al7% a30% a 17% 10 20c 1.40 Sep Oct Apr May Jan 3.00 Mar 29% Aug 34% Mar 430 i30 Oct i3« Oct a40 a40 35 26% Mar 40 Sep 18 18% 200 22% Feb 32% 15% July 30% July 35% Jun 34% 32% 2,214 34% 170 34% Oct 37% May a31% a31% 32% 25 25 • 85 32 % Jan 34% May a51 a51% 127 a51% 48% July 55 % 103 103 30 101% Sep 4% 4% 788 3% Jun (Un)__l 9% 9% 625 8 Jur\ 11' 103 4% Apr Oct Jan Feb 20% 21% 495 17% Feb 22 20% 19% 20% 556 14% Jun 20% 10% 10% 10% 1,310 7% July 12 a 58% a58% 12 44% Mar 59 Oct a41 % a42 % 145 Sep 150 33% July 26% Feb 40% a45 43% Sep 1,684 12% 23 Apr 42% a a44% St Industries Finance Co Shell Co Oil Sep Sep Mar 25 % ' 1,872 6% 1,950 a26 a26 50 50c 52 %c 900 47% 5% July 20% 48c Oct 7% May Jan 25% Jun Mar 62 %c July 37% Feb 5'/b Jan 8 % Aug 27% July 3 6 »/8 Feb 46% 46 8 8 618 34% 32% 35 2,343 11% 10% 11% 800 7% Mar 11% Oct 33% 32% 33% 618 29 Aug 33% Sep 17% 17% 940 16% July 21% Feb 52% 52% 41% Feb 52% Oct 35 Feb 51% Sep 31% Feb 60 Sep 1,425 49% Aug a 52% a51% a52% 58% 538 170 1,819 23c 2,400 16c 38c Apr 30% 29% 31% 2,815 22 Jan 31% Sep 15 24% 23% 24% 1,705 16 Feb 24% Oct Calif Edison Co Ltd com—25 33% 33 % 33% 1,868 31% July 43% Aug 36% Jun Socony-Vacuum Oil Co 4% 23% (Un) Inc 4.08% 4.32% 4.48% Feb 4.56% preferred So preferred Calif 6% Co Gas 46 46 47 Jan 25% 100 25% Aug 25 % Aug 26% 27% 551 25% 28% May 28% 27% 28% Sep 27% Oct 30% 30% 100 29% Sep 28% May 33 % Mar 27% 28 270 27% Oct 28% May 33% 33% 290 33% Oct 36% Mar 14% 28 class A—25 pfd 28 Mar 25% 46 25 25 25 25 25 25 preferred preferred preferred Oct 23c 1 Original preferred Aug 16 (4 645 Jan 26% Jan 15 1,220 12% Sep 22% 175 10% 17% July Standard Jan 32 Jan 83 4 Oil Standard Oil Co Aug Standard Oil Co 84% a84 % a85 % 60 aSl % a80% a82% 252 32 13 (Ind) 11% 1.086 10% July 13% Mar 60% 728 50 Jun 62'A Aug * 45% 45% 45% 462 33% Feb a23 173 20% July 75% a22% 75 % 76 1,240 Sunray Sep preferred class B 5%% conv 2nd pfd series C Swif<, & Company (Un» Texas Company (Un) Texas Gulf Sulphur Co (Un) 72% Jan 61% Mar Aug 24 Oct 82% July 83% 15% July 23% Mar 380 12 14% May 10 al5% al5% 14% Mar 37c Jan 55c 4,400 312 312% 73 300 July July 52 %c 18% Mar 87%c Mav 312% 19% a 19% 110 18 21% 21% 100 15% 48% 48% 740 42 a47% a,48 ('2 148 44% a 21% Oil Corp common 4%% Tidewater Oil Co Assoc July Pacific Railroad & of Calif Co Aircraft Sep July 54% 27% 27% 100 27% 98 alll%all4 % 60'% 60% 627 2 % 60% 22% Feb 88% May 44% Jan 2 (4 200 1% Jun a42 a421/4 1 * 60 34% Jun 10% 1,681 10 »/8 10% 9% July Gas Paramount United 88% May 64% Sep 141/8 1.75 a 14% 2.00 , 100 1,600 17% 1,270 al4('s a 14 (a 55 17 11% Mar 1.55 Feb 13% July 9% Jan Jan Sep 2.35 July 17% Oct 26% Oct 19% 15 July 18% a 19% a 19% a 17 Oct 39% 39% 39% 206 36% May 40 Oct 75 75 75 615 60 % Feb 75 Oct 71 Jun 72% Apr 14 10% Apr 23 Jan a84 a86% a31% 14 14 45 a31% a32% 374 174 14 18% 17% 18% 250 14% July 15% Jan • 23'% 33% 23% 625 18% July a46% a46% 220 40% July 32 % 1,282 a97% a97% 135 16% 17% 17% 2.087 32% 19 Oct Oct May 20 % Apr 25% Jan (Un)_* 31% 31% 25 24% May 85 50% May 33% Sep Feb 100% Sep 97 26'A Jan 33% Aug 4 4 237 3% Jan 4% Jun 19 a30% a31% 1 Steel States (Un) 19 180 16 19% a20 % 105 17% Mar a50 % a50% 42 38% Jan 52 10 common-1 10 a20 % a 50% a July 19% Mar 23 Jan Oct • Corp Consolidated Universal (Un) Oil Co 40% 39% 40% 2,990 25% Jan 40% Oct 10 61 60 61 330 40% Feb 62 Aug 13% 200 11% July 19% July Oct 43% Aug 14% 15% Jan 5 (Un) Theatres Warner West Pictures Bros Kentucky Oct 15% July Lines Western Union Tel Co Woolworth Zenda Gold (F (U11) ( Co Mining Un) (Un) (Un) Co 13% 5 a23 a23'/4 10% a33% 10 10c 10% 175 7% Jun 16 '/a Jan 19% July 10% Aug 8c 40% 245 21% 41% Sep a32% a3378 336 29% July 36 Jun a46% • 12.50 71 9% 40% :_4 1 Elec Corp W) (Un) Inc Air Westinghouse Inc Co Coal Western a Oct Jan 19% (Un)——50 (Un) (Del) Rubber Co States United 11% Corp Co Corporation United Feb 2% 36% 10% 343 Oct 18 % Mar 29 25% July 6,024 26% 2 common Corp United Corporation 49 2,675 15% 26 % 10 Film (Un) Carbon Carbide Oil Union United 15 36% 15% 26% 5 Union 50(4 May 170 34% 15% 50c (Un) Twentieth Century-Fox 51% May 5,584 Oct 25 • Airlines Trans-World Sep 54 Sep ' United a Aug 83 % Oct 22(4 May 23 78 54 % Jan 35% 20 25 Textron Incorporated common July 16% al7% 52 % 52(4 Jan Jan Jan 66% Jun 150 July 61 «. 1 Studebaker Corporation Oct 9% Jan 333 Oct May 42% 235 a87 45% 24 1 25 (Un) Jan 43% 22% 57% a57% a58% a84% a 25 14 11 * * ^25 (Un) (Un) (N J) Jan Sep 19% a20 % 13 11% 60% . 6% Aug 7% Jan 12% a 11% 60% Calif of Co Oct 9 Oct 6(4 Jun ——5 __■* (Un) Inc 15 2 Corp Company Brands Standard 1,350 CO Petroleum Calif Southern 19% July 65 12.50 6.66% 6% Feb Mar • Railway Company— 25 10 1 25 33% May 110 a29 28% a23 -3 Jan 6% Signal Petroleum Co of Calif Sinclair Oil Corp 27% a 10 48% 11% 9% 57% Co a23 a 41% 58% Pacific a23 19 ('a Jan 6% July 817 —• Southern _1 a 23"% 17% A Southern 345 20% 1,226 17 • 15 Sears Roebuck & Company Sep 11 a 90 41% 1 32% Mar 29% a a8% 17 • 20 May 100 1 19% a7% a • Regis Paper Co (Un) Seaboard Jan 18% 7% 40% 1 1 0 5 1.40 17 175 5 Corp Holly Development % July 250 Corporation 27% Aug 290 Goodyear Tire & Rubber Co common—* Hilton 961 8% Aeronautical Company 99 8% • Company Corp 66'/a 66 % 64% 8% Safeway Stores Inc 65 8% 25 — Graham-Paige Motors Corp (Un) Great Northern hy preferred (Un) Greyhound Jun 49 65% 1 19% a 16 2 & McBean 23% Sep (Un) Co Apr 20% July 8% Co Apr a42 a42% * General Foods Corp (Un) * General Motors Corp new common.—5 General Public Util Corp (Un) 5 General 3% 35 21% Mar Co 22% all % all % • Corporation Garrett 25 1 14% Bank__100 Light & Power a2% 1 Manufacturing Ranch Oil Union Florida a2% a22% a22% — a22% 18% Apr CO — Nat'l 33% Mar Jan (Un) (Un) Feb 25% Equip Co common—5 class A 1 Merchants 20'/a Mar 1 a28 (a a28'/2 4 Corp Ltd Co 3% Aug Sep 27% July 2% Aug 700 Feb Transamerica Corporation Exeter Jan 15% 700 50 33%c 25 • 16% a42% S Emsco Derrick & 1% 146 29 • 11% a all '/a Co Inc— Products 2 % 16% 29 • 30 al9% • ,_5 Electrical 2% 16% 10 185 al2% 5 0 Douglas Aircraft 2% 2.50 Oct 84 3% July „1 Inc common Aug 17% Gas Company Oct 84 July 65 Jan 2,116 (Un)_ A Oct 1.05 16% 8 13 a23 (4 rights Zellerbach Corp (Un) Publishing Company (Un)_. Curtiss-Wright July Oct 10 America 70c Oct 12% 21 '/a May 20% 1 of Oct 340 1 Southern Curtis Jan 306 Aug 16% July Inc Drug Jan 19'2 19% 25 Engineering Corp Consolidated Vultee Aircraft (Un) Creameries 100 (Un) Corp of America Jun 31% a49% a50% * 25 (Un), Consolidated Crown 87 %c 87 %c 87'/2C 25 Republic Steel Corporation Co Power 21 • 11% • • 25 Consumers 340 35 41 (Un) 11 % • 20 Co 340 Jan Feb ( Un) Commercial Solvents Corp (Un) Edison 29% May Jan 208 (Un) Co 40 Corp com Consol 18% 24% 3,680 Phelps Dodge Corp (Un) 989 16 '8 20 Preferred Edison 14% July 370 71% (Un) Jun Columbia Gas System Inc Commonwealth 24% 575 27% (Un) Aug — Fuel & Iron 125 18 26% 71% Airways Pictures Inc 4.88% Colorado a32 18 24% (Unj 16% (Un)___ Corp Jan 27% common 20 (Un) Co Service Multiplier Oct 1.40 26% a31% Telegraph com__10 Co Car 1,300 Chrysler Corp Clary Sep July 95c (Un)_100 (Un) 1,105 Company Cities 900 I - Paramount 25 Aircraft 1.05 l.oq 1 20 Corp Products Certain-teed Jan 8% • (Un) preferred preferred Southern Cessna 7% 36% Jan 7% 18 10 19% — Co Tractor Jun Jan 50 26% a31% 10 20 i Co 1.05 6% 23 a8 % a8 % 1 (Un) 19 Corp common Ry 40 CO a36% 5 Pacific Gas & Elec common Sep 8(4 8 ♦ Packing a6 % 1 Signal Oil & Gas Co class Pacific a6% a36% a36% (Un) ___—1 Co Canadian Sep u Apr al31% al32% * California 61% * (Un)... Calif Pan 100 Oil Corp Jackson Byron Apr (Un) Corp of Oct Jan (Un) Co Budd 45 - Company Finance Schenley Broadwav 685 1 44% Feb (Un) Corp (Un) Department Store 61 , Company Pacific Telephone & 6% al31% 5 Borg-Warner 61 1 Oil Co 35% July 36(4 Sep 104% (Un)__ (Un) Oct 61 * Cons Mar 101 Corporation Company 66 161% May 10 Company Apr * (Un) Oil Feb 1,026 Benguet Consol Mining (Un) (Un) Diamond 50% 1 Corp Jan Jan Bethlehem Steel Corp Blue 630 20 (Un) 22 28% Appliance Inc Boeing Airplane 66 (Un)— RR 130 727 common Corp 65 % Co Inc Prod 1,671 44 34 Co Bendix Jan 66 100 Radio-Keith-Orpheum Corp Oil Basin 17% Co Petroleum Corp Oil 6% 44 34 Consolidated Sep 1 20c Corp Barnhart-Morrow 16% 1 7 5%% 28 (Un) 140 4 Railway Co Aircraft Inc Rights Ohio 12% Aug 585 Co al7% a 17% • Inc 151% a 1 Ohio RR Co & Petroleum Lines a32% a34'/s (Un)—13 Works Locomotive al7% 10c Aviation Inc Edison 61% 35% Topeka & Santa Fe Ry (Un)__.100 Manufacturing Corp (Un) 3 Baldwin Sep ,8.75 (Un) Pacific Northrop 16% May 35% (Un) Corp 9% 1 American Jan (Un)__30 Co Jan (Un) Corp American 11% July 54% May 10 Mining 4% Light Central Amer Pacific Co 9% July 1,062 Apr 10 * <Un> Apr 803 7% a44% a46% Co„_ Distillers Oceanic 33 a23B .__1 (Un) Co Aug 38% Mar 14% Co Occidental Low High 32 % • (Un) Inc St & 54 % 16 211 14 Pictures Corp Power Northern a2% 1 American Smelt A Refinine Co Oct Sep 1 Power York Pacific American 17% 34% • City North 1 (Un) Jan 7% (Un) Utilities South Diablo New 10 (Un) 13% 25 % Mar 7% Co Minnesota Sales for Week Sale Price Allis-Chaimers Mig Co 200 564 14% (Un) Manufacturing is 1 North Alleghany Corp 17% 34% 7.50 Angeles Investment Co North Mining Co— 16% 34% • Biltmore Hotel National Gold Apr • Corp 24% Angeles Stock Exchange Corp Oct 3.50 • (Un) National Juneau Jan Co Aircraft Inc Nash-Kelvinator Admiral 2.10 5 Corp Libby & Angeles Mt Alaska 800 (Un) Montgomery Ward & Co Inc Low 2.80 Co Montana Par 2.75 Jun 33% STOCKS 2.75 (Un) Petroleum Monogram Los 12% May Jun 190 a ID 3 la 50 Jan 10 Light Co. Company McNeil 14 300 * _ _ Wayne Screw Products Young Spring & Wire Gas Apr 8% 8% —1 - _ 8% 4 Jan y»/a (Un) Land County 13% 13% 13 —1 _ common 35% Lane-Wells Company Los Udvlite 100 1,554 Jun 24% Jan Jan High 50 10 % Corp Copper Low 50 9% 1 Paper Co 3% May Range Since January 1 High 9% Corp Iron Corp (Un) International Nickel of Can 4% 3 Sep Low 100 Interlake Libby Scotten-Dillon Shares 83%o Co Exploration Petroleum Kennecott Pfeiffer for Week Par High 20% -- 1 ... Car Metal 300 2 Welding National stamping 1% 38% __ lu .. Low 3 Sales Range of Prices STOCKS High 3 Week's Last Sale Price Friday 1% 3 2 Corporation Murray 13 Range Since January 1 38% __ 38% in Co Wines Masco Low 1 _ S) OCTOBER for Week of Prices ENDED Sales Last Sale Price WEEK FOR a47 130 44 49% Feb 7c 10c 9,000 17c Apr Jan July 2%c Jan O 34 The Commercial and Financial Chronicle (1466) . . . Monday, October 16, 1950 OTHER STOCK EXCHANGES RANGE TOR WEEK ENDED OCTOBER 18 Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS DAYTON & GERNON Par Harnischfcger Corp 105 SO. LA SALLE ST. CHICAGO 3, ILL. Heileman Hlbbard Telephone Central 6-0780 Exchange Chicago Board of Trade $6 MIDWESTERN LISTED UNLISTED AND SECURITIES Illinois Brick MINNEAPOLIS MADISON LaCROSSE EAU Co CLAIRE Indiana 38% 38% 1 10 27% 3% 27% 10 Products Co Midwest Slock Exchange Week's Last Range of Prices Shares Sale Price Par Acme Laboratories Steel Co Alleghany Corp American Rad American Tel Armco Steel Armour Co & Asbestos Co Atch Fe Canadian W.i 10 10 % 900 7% Jan 10% 2,300 1 Jun 1% Apr 25% 700 27% 60 131% 133% Secur % 132 Va 50% 51 % 700 37% 36 % 36 % 36 Va 200 32% Jan 36% Oct 32 31% 32 32 Oct 14% Aug (Un) 8 8% 3,600 5% Jan 9% Apr 19% 22 % 1,400 11% Jan 22% Oct 47% 48% 860 35 V* Jan 52% Sep 1% Mar 21% 48'A 1% 1% 4% 4% 300 42% 44% 1,025 13% 13% 13% 350 5 11% 10% 11% 1,200 — 16 3% (The) 33 450 25 July 34 Feb Muter Jan 20 38% Feb 1% July 2% Jan U 31% 1,400 12% 12% 270 15% 17% 6,800 44% 44% 49 38% July 50 90 Jun 3,300 63 Jan 17'A 15% Inc Vultee (Un) Aircraft of America Cleveland Nav (Un) Dodge Manufacturing Corp Corp Fipance Corp Eddy Paper class A de Nemours (Un) (Un) Falstaff Flour (The) Mills of Four-Wheel 1 15 Inc Auto • (Un) General Finance General Mills General Motors Corp General Public Utilities Corp common common new Refrigerator Co Gillette Safety Glldden Co Razor 1 H) (Un) Cooperage class A Co 32 62% 27% 81/4 For root.notes 5% 100 28 6% 1,000 13% 150 19 18% 19 500 26% 26% 27 250 Co Motor Jun Oct 7% Jan 31% May 70 Jan Public 32 Oct Pure Oct Radio 9% Aug 26 Va July Aug 46% 16% 1,600 40 Vt 850 8% 2,950 2'A 3,300 2 48% 49 6% 100 58 Va 20 54% 8.800 17% 173 9% 200 105 32 Va 64 66% 1,527 49% July 66% 52% 56 3,200 51% 56 — 9% 9% 200 7% July 10% 8% 9% 1,950 6% July 11 Va May 5 20% 20% 21% 3,300 123:, 123i 500 75 11% 550 2% 750 2% 22 May 12% Oct 13 13 600 9 Va Jan 15 Va Jun 31 31% 250 24% Jan 31% Oct 3% Feb 5% Jun 11% Jan 4% 4% 4% 600 17% • 1 16% 17 Va 2.100 14 Va 14% 295 — 10 17 '/2 12% Mar 17 16'A 19 Oct Aug 18% 18% 17% 17% 18 2,006 16 July 21% Mar • 10% 10% 10% 2,430 10 July 13 31%. 30% 31% 2,050 257/a Jan 33 Va 19 19 19 16 Jan 19 10% Jan 18% 2% 200 50 Sep Aug Mar Apr May 15% 2,550 — 4 9'A of Colorado 10 9 4 % 20% 'a 9% 490 20% 21% 1,012 17% Feb 7% 700 5% Apr 18% 1 5 25 4 18% 400 15 Va Apr 19 % 14% Jun 7 common (Un) 20'A — 20 V* 5,200 117% 118% 227 3,000 107% July 10 10 103i 15% 15% 15% 135 9% 9% 200 6% 25% 25 Va 25 23 Va 1.000 — — 7% July 11 Sep 12 Mar Feb 17 Sep Jan 10 Aug July 24% July 27 Sep 30 Apr 26 Va 26% 273) 43 Va 43% 45 V8 711 26 % Feb 45'/a Oct • H CO 18 V* 193a 4,250 12% Jan 23 % Apr 1 — 7% 8 Va 100 6% July 9% Feb 9% 9% 250 14% 13% 14% 873 * 41 % 40% 41% 2,600 6 Va 6% 6% 300 5 July 400 40 Jun 46'A Jan Jan 48 Aug 8% Aug 10% July 23% Jan 10 Aug 14% 417 a Oct Oct 7% May * 44 44 44 * 6% 6% 6% 4,200 Jan 7 Oct * 35% 35% 35% 450 26va Mar 36 Aug 32% 33 300 28 Va 33 Sep 12% Sep common__1.40 Co 50 • Investment St Louis Corp * Signode Steel Strapping 100 52 30 26% 28 950 9% July 40 July 53 Va 26 % 13% Oct Oct 17 % May 41 52'/a Sep Va July 23% July 31% May 10% Feb Southern 44% Oct Southern Indiana Southern Pacific 29^4 5% 5% 15 23% 23% 24 % 20 20 20 100 11% 12 3,100 10% July 13% Mar 20 % 20% 175 19 59% 60% 473 50% 23% May 62 % Aug 11% 725 8% Mar 12% 11 11 100 9 11% July 8% Aug Co 31% May 64 Va Sep 30% 11% South 18% xl9% 1 11% Oct 54% Spiegel 13% Aug * Corp Sep Lathe Works Gas & 5 Elec. Co 60% Inc 18 xl9% 1.050 12 Va Jan 19% Oct 31% 1,400 22 Jan 31% Sep 4% May 5% Jan 5%) 700 2,500 16 Feb 24% 15% Jan 23 July Jun Feb Oct 1,211 4% ♦ Feb Oil 100 53 Va 52 lo 15 Prod 11% 51% 13% 52% 40 of Co. common Bend 11% 1 As Co Sinclair 2% Sep 20% 139 Va May 2% (Un) Society Brand Clothes Inc Socony Vacuum Oil (Un) 13% 19 _» 5 Sep Jun Aug 50c Jun Aug Oct 8% ' ' Shell Oil Co 2% Aug 50% May 9 Feb 22 • Schwitzer-Cummins Oct 1% II Apr Sangamo Electric Co Schenely Industries new 60% 32 July 22% July 44% Jan July 11% May Oct Aug St Louis National Stockyards... St Louis Public Service A com 14 Va July 765 16 Feb Sep Apr Oct 8% Oct 42 Mar 7 Va Jun 41% 12 48% Mar 42 Securities 8 Sep 38 • Jan 5% July 40 9% 2.50 Corp of America 22 Jan Jun 28 % 55% 33V3C (Un) Bears Roebuck 57% 1,400 11 Co Oct 1% July Apr 39% Oct 41V2 19'/a 34 100 Rexall Drug (Un) Rlchman Bros Co Oct 5% May 8% Sep 39 "4 1 Co Apr Apr Jan 33% 50 Service of Indiana Oil Shellmar 6% 9% Service 16% Oct 5 1,771 52% preferred (Un) 48% 13% Aug 9% July 10% Va , Corp 105'/a 500 10 (Un) common.. (The) July 16 15% Co Circle 78 Va Mar 20 670 15% Co Raytheon Mfg common Remington Rand (Un)__ 8% May 36% Oct 7 39% • Radlo-Kelth-Orpheum (Un) Jan 11 11 35 14 Va 33% Airways (Un)_2% Pictures Coal Co Public Jun 30 (Un) Republic Steel Corp 7'A 5% Mar Jun * 3% Peoples Gas Light & Coke 35% 62% Car prior Pennsylvania RR 14% May 33 % Mar Oct Apr 5% 12% July 17% Aug 21% July 28% Jan warrants conv 36 Jan 5% July 22% Julv 990 Oct July Sep * Standard Forgings Corp 1 July July 10% 10% 400 10 Va July 14% 11% Aug 15 500 Standard Gas & Electric Standard Oil of Indiana 14 25 57% 56% 58 16 1,487 42% Jan 58 Oct Standard Oil (N J) 25 85% 85 86% 1,236 66'A Jan 86% Oct Oil Co (Ohio) 32% 25% Jan 33 Va Sep 18% July May 12 Va Jan 25 Va Jun • 12% 12% 100 10'A 10% 1,100 9% 28% 6 13% * —___. Co Peabody Perfect GOO 25 25'A 300 9% 6,200 ' see case 41 28% Apr Potter 400 11 60% 25'A 28% 6 Oct May 48 Va 770 44% 21 Feb Apr Jan 17% July -As 898 10'A 30'A 1 Sep Jan 25% 1,255 60% 2 Co Jan 29 % July 184 8% 43% 1 Instrument 11 Va 20 Va 47/a 25 9,300 29 Griesedieck Western Brewery 8% July 15% July 3% July 7% July 17 292 44% Halllcrafters Co new (Minn) Co Pan American World 12% Mar 3 30% 3 (Un) 27 Va 3 30% 16 15 Hammond 520 45 __ Greyhound 16% 22 16% • (Un)___ Co purchase Packard Jun • Dredge <fe Dock 600 333 3,800 85% Gray Drug Stores 10 17 Apr Jan — 9% 16% Feb 61 Great Lakes Bros HVs July 29 Va 1 10 17 40% 690 • (W Graham-Paige Corp Greif 20% • Gossard Co 200 Jun 26% Mar 82% • Jun 7% 450 37 Va Mar • (Un) Goodyear Tire & Rubber Co SeD 60 40% 81 9% 32'A Aug 5%, Sep 39% Jun -- Jan 35 % 300 • 29% July 58 Va ft 23% 150 5% (Un) 71 ya 6% 785 33 % 5% OU Jan 52% 32 38% Va 5 Ohio Jan • 5 31 38% 6 Va 47% 400 Apr 35 V« 38% July 3,255 Sep Aug 4% 2va Mar 3% 2 Va l ♦ 28'A 60 28 % July 19% 12% Feb 2% July 800 54% 49 (Un) Bsneomoration Bush Shoe Stock 83 Va Aug 28% 44 1,845 Apr 700 105% 105% 1 General Electric Co Jun 8% 3% 390 8% 41 30% 3,150 10% Sep 15 4% 5 36 2,100 30 69% 10 3 8% 15% 4% . 38% 30 Va 67% __ Jun 1 Jan 31% 16% 17 $ 14 211 8% 45 Jan Co 73% 43V4 Oct 14 Edison 82 5 General Box Corporation Gibson Oct May 7%. Jan 17 Ohio (J8 1 America Inc American Mfg 15 Vt. Jan 7% July 9% 20% 21 300 V* Aug Jan 11 Apr 9% July 21% July 12% 10% Mar '•Standard 31% Feb t 7 Va July 11 Va Jan 12% Jun • (Un) 7% 7% 10 Jan 25% May Standard common Steel Spring (Un) Aluminum Products Stewart-Warner Corp Sterling 32% 696 1 22% 24 685 l5 13% 13% 50 16 16% 146 10 5 16% 6 11 .: Sep Oct Apr 200 11 * Corp Drive 2,100 33 9% — " Brewing 19% 83 26 — 10 Railroad Corp Sep Oak Sep 10 47% Oct 83 7% 8% 31 July Jan 4 2 Corp Nunn Oct 61% — 5 Dow Chemical Co Erie 5 10 100 6 10% 6% 33% 450 Oct 7 9% Car Oct 21 32 26 1 50 3% 1 RR Apr 85% 30 8% 52% 3% 12% July Oct 2.50 Mfg North American Pepsi-Cola _ 1 & Central 17% 21 30% 20 (Un) 52% — 1 American Aviation Northwest 15% 30'A 25 Eastman Kodak Tile York 15 65 V* July a7* (E I) New North 10% July 7% Jan 22 • 8 Va Jun 19% 18% May 10 North 12% 16 Va 38% 8'A • (Un)_____ Northern States Power 100 27% ♦ 16% 1,150 -July 1% Jan * pref Cooker Jan 28 % 50 Co Pont 27% 2,900 15% 1 Gas Co Sep 294 42 % 28 (Un)__l common Corp 12% 21 31% __ 33 300 6% 4% July 25 Oct 10 50c Pressure National 18% May 84% 15% 17 25 Company 32 100 1,600 Apr 25% 18% Mar 3 July 85'A 18% . • Curtiss-Wright Corp (Un) du 18% 83 __25 preferred Doehler-Jarvis 9'A Mar 25 21 , 1 11% July 100 83 % . 5 System Continental Motors Domestic 85 % 350 Co National Standard 31% July 14% 700 160 3% 6% * Piston Ring Co Jan 43 30 Va 14% 4% 33 16% -10 Inc __i_. Nash-Kelvinator 16% Mar 11 1 Edison Corp Motorola 3% 6% I common Wara oc Co Montgomery 3% 12% July Sep July 1 : National 1,650 100 15 • Inc Co Oct 2,100 2 14%. * Products Monroe Chemical Co $3.50 20% 3% 32% 24% 100 Oct 14 Va 14% i & Mfg Muskegon 31 % • - Consumers Power Detroit Modine Oct 2 Co Missouri Portland Cement Jun Jun 9% July 100 , 16% 4 Minneapolis Brewing May 4% 32% 3% _» Cement Piping & Supply 47 Va 2% 8% • Ei prior preferred Paramount Illuminating Co Gas Commonwealth Crane $1 18 V* 3 Va 2 • Inc class Miller & Hart vtc Oct 13% 32 Va 14 17% 8% * National Cylinder __10 Electric Container Midwest Mar 14% Mar 25% 17% • Utilities 14 1,150 1,426 24% • 4 Food 150 19% 24% 75 10 common South 500 19% 23 Va Mar 5 •. Brlca 17 Va 13% 30% Mar July 1 Mlckelberry's Oct 8% July July 18 10 Middle Sep 16% 23 240 33'/2c Portland 47 Va 200 1,300 2V/a 1 13% Mar 1,500 Co Co (Un) Mfg 10% July 36% Mar 19% 1,500 26% 20% 7 150 13% common & Sessions Co 11% 12% 14% 26% 20% —1 Power & Light Light (Un; Gas 16% 19% 13% 26% 11 Va 73% May __ 14% • 400 Feb 95 common.... Apr • 10 950 12% July 8 4'A Cliffs Iron 16 (Un) 19% 55% — • $4.50 preferred Sep Jan 14% 32% _____—1 58 % 46% 19 11% 1 Controller Mar 13% 590 94 Clark 38 350 19% GOO 81 w 13% 11% 25% July 13% Oct 13% 16 95 Rights Jun Sep Oct • 46% 1 Co Cumulative 11 % Jun • Medusa Oct 10 I % 51% J8% July Metropolitan Feb 44% Oct Jan 423 Co Switchboard 70% 81% Service Consolidated 6% Jun 7% July 13% May 15% __ 25 Cities Consumers Co Jun 37/a July 30% Jan City 68% __ Chrysler Corp Columbia 1 550 4% — 25 common 1,000 9% Jan 300 Marshall Field & Co Jan 5 (Un) % 4% 41% Lonergan Sep 2% *■ common 650 46% $2.50 preferred Oct 7% May Chicago Rock Island & Pac RR Co__* Chicago Towel Co common Coleman 135% 1 1 Corp <fc Ohio Foods Feb 300 25 Chicago Mil St Paul & Pac vtc Clinton July 103% 1 % lu Corp 8% 13% Llbby McNeil <fc Llbby Lindsay Lt & Chem common Oct Oct Oct 51% 7% 41% Power 6c Drug Leath & Co Sep 27% 1 % 12.50 Products Burrell Cleveland 145 26% 24 4% July 1 Cleveland 20% July 200 111 Corp 25% 6% Central Chicago 24% 27% 5 Cherry 1 % 6 Central 19 7% 44 % Lam son Apr 1 % "1% 1 8 Biscuit 52 % Jan 13 % Laclede Oct South West Corp Illinois Light Co Jan 41 Va Laclede-ChrLsty Co 161% May 45% 15 & Chesapeake Jan Jun 1 (Un) July 14 46% Elec (Un) 16% Pacific Certain-teed 146% 27% .5 Corp 9 V* 34% 1,600 13% Kropp Forge Co 16% May 1,710 10 common 15% May 400 19 167 51% 18 • Tel Monarch Koppers Co Inc Oct 45% .1 Manufacturing May 15 & Knapp Jan 4 25% 44 43% _____ 30 Kelley Island Lime & Transport 12% Aug 45 % 1 j Mar Kellogg Sep lp Corp Carr-Consolidated Central Jan July 11% July 36% (Un) Bros 8% 17 1,020 3 (Un) 21 7.60 A Kansas Apr 4 Brown Shoe Co Inc Butler 2% July 55 3,100 12% 27% Mar 1 Corp (F) 8% July 1,500 100 Corp Bigelow Burkhart Jun 35% • common 109 Apr Ltd Tel Katz Sep 35% 5 Fisheries Burton-Dixie ■i- Apr 35% 5 . Corp Bethlehem Steel Corp (Un; Binks Manufacturing Co Co 11 Jun 39 50 (Un) Benguet Consol Mining Co Budd 3% 10% 140 10% 3 ll" 10 (George 9% 1,700 Berghoff Brewing Brown & 9% 2,135 Co Apr (Un) Gas Illinois Kansas 8% Aug 150% 151% Aviation Borg-Warner 6% 150% Mfg Co Borg 750 13% Corp Booth 7% 18% Jan J Avco Bendix 7% 7% 12% common Washer Belden 7% 13'/8 Corp Automatic Mfg 5% July Jan 16 17% 10 Santa & Products 300 (Uni—• (Un) Paper Iowa Power & Light (Un) 26 Va Aug 7% 15% & Refining Co com Topeka Jan 7% 23% $1.20 convertible preferred Athey 19% 246 1,800 24% (Un) Packers International Jan 17 100 Manufacturing Ashland Oil 510 26 % 1 Mining (111) 407/a Aug 497 44% 54% 33 1 San 4 • Harvester Iowa High Low 17 1 <te Tel Co Copper Range Since January 1 High 31 % 5 (111) Stand & 25'/a 17 1 Investment Jan Jan 4% • International Shoe Co 5 (Un)_ American Oct 3 Aug 27% Aug % International ! tUm American Airlines 25s,8 * Equipment Gas Anaconda 43% 10 common Advanced Alum Castings Aetna Ball & Roller Bearing Affiliated Low 5 Adams Mfg Co (J Di Admiral Corp 29 for Week STOCKS Abbott July 27 • Steamship Co International Sales 22 215 10 43 400 28 Jan 36% July 1% Jan 450 3% 21% 309 29 Jan 1 Steel International Friday High 22% 300 50 19 • 100 3% 3% Warrants Inland Interlake 3 27% 1 100 Tool Pneumatic Steel x38 % 10 RR Central Independent 27 50 preferred Illinois 26% 25 Bartlett Spencer 27 Low 26 % 1 Range Since January 1 High 26 % Co Brewing Hupp Corporation Huttlg Sash & Door common Hydraulic Press Erick common Members: Midwest Stock (G) Low 10 — 14 21% Oct Apr . Volume 172 Number 4951 . . . (1467) The Commercial and Financial Chronicle 4 OTHER STOCK EXCHANGES WEEK ENDED OCTOBER 13 RANGE FOR Week's Sales Last Range for Week Sale Pric» of Prices Shares Friday STOCKS Low Par Container Stone Corp 1 - __ _ 10 Storkiine Furniture Corp Studebaker Sunbeam Corp Swift & Texas Thor Corp 208 Co So Axle Salle St Lines Air Corn United Paramount Jan 16 8,700 10% Jan 15% Oct 3974 621 33% Jun 40% 737a 7574 440 59% Jan 75% Oct Steel Dorn 50 51 630 48 Pictures Electric tUro 5 __ Shares Low Par Abbott 5 Laboratories Admiral 1,200 41 July 16% Corp Feb 51% 51 Sep May Power & Radiator American (Un).: Inc 31% 2174 July a24% a25% 31% Stan & San Tel Tel & Viscose Woolen Anaconda Copper Mining Jan 18% Aug Jan 4% 23% Jan Arkansas 2574 Jan 41 Oct Atchison 6% Mar 10 Aug (Un) com Co common Jun 52 56% Sep 974 Jan __ a35% 210 2074 41 7,500 8% ,9 400 Anglo Calif Natl Bank 1374 13% 470 11% July 15% May 327a 33% 604 29 % July 36 14 74 1474 200 13 8% 8% 415 Atlas (Un) • (Un) 100 (Un) 5 Diesel Imperial __ __ __ Corp • Wieboldt Inc Stores Willys-Overland common Motors * 14 74 _ (Un) — __ 1 — Avco 73 69% 9% Aug Jan 13% Oct 16 Jan 14% Locomotive Baldwin Jan 97% 23 Feb 36% Sep 28 Mar 36'A Sep 3774 2,109 31 July 39 Feb 37 Industries Woodall Yates-American Inc Co __ 12% 13 750 11% 1574 14% 15 '/8 150 13 July 12 -5 _ 1174 12 550 10 Apr Bendix Sheet Youngstown Common Tube & 104 74 105 74 52 52 i w 95 Benquet a23% a23% 54 6% 14c 8 20,600 al3% al3% 15% 15% a47% a477A 640 9'A Jun 15% 90 35% Jan 51% Aug 450 6% 14c — 13c 8 RR (Un) (Un) 5 Jan 105% Oct 5374 Oct Blair Corp Holdings Boeing Airplane Co Budd Philadelphia Baltimore Slock Exchange Week's Range Shares Low Par * Stores American Tel * & Tel Atlantic Locomotive Baltimore 5% Budd Works ... Curtis Publishing Co Electric & Power Storage Fidelity & General Deposit Corp * 8% 874 1,500 5'/a July 21 >4 20% 21'4 '356 19% July 24% Mar 43% 44% 73 35% 4474 new 5 52% com-. Sharp Sun El Oct Sep 57% July 68% Mar 49 8,663 54% Sep Oct 19% 210 9% 382 7 Jun 974 Oct 10 74 101 4% Jan 1074 Oct 14% 2174 Feb Sep 1274 May 9% July Jan 11% 12 74 1,715 24% 25 74 2,921 21% 20% 1974 2074 1,895 14% Jun 2074 5074 50% 10 41% Feb 5174 Oct 3574 35% 70 30% Aug 39% 27% May 26% Mar 2574' 2574 3,873 334 23% July 4 74 1,013 8 25 — * _7_% 774 46% 4674 4974 93 74 93% 100 & Gas _ * common 7 591 2274 474 July Oct 8% July Aug 482 54 Apr 9374 974 1 27% Sep 32% Mar 30 22 % — 3% 834 2674 22% * common 27% May 23'A July 25% 3% 25% • 93% Inc 26% Feb 24% 2474 26 74 305 20% Aug 26% Oct 41% 4174 42% 712 38% Aug 45 % Sep 3974 25 Aug 44% May -* 3974 " 306 55% Jun i« 50 % Feb 1 3% Jan 474 Apr 22% July 29 74 Apr 7074 13 13 1 1 4 74 374 4% 416 —13% 2774 2774 27% 226 J Corp Improvement 3374 Hi 70 7074 —♦ Co Tonopah Mining 71% Sep Apr Transit Co 41 A. .1975 series 5s 119 74 $1,200 119% Oct 54 34% July 6,000 42 Chi Last Range Oct 6% preferred — Class Columbia Gas Duouesne Brewing System Fort . _ .. Range Since January 1 High Low 105 11 10% 15% 10 74 1574 __ ... — _ 5 13 _ — preferred Joy Manufcaturing Co Lone Star __ Mackintosh-Hemphill Crocker Brewing Crucible 1074 Feb 1074 Apr 17 Oct May Curtis $2.50 convertible Pittsburgh Plate . — Di „ B du Pittsburgh Screw & Bolt Corp Dorado Oct 40 Sep .—• 10 • • 1 (Un) 5 1 „ , _ _ For footnotes see page 41. 880 63 % Jan 83 Jun 267 68% Feb' 85 74 __ __ Oct 23 305 15% Apr 23 Sep 40 40% 1,080 31 40% Oct 40% 660 32 Mar 40% Oct al3 70 11% July 14'/a May a 19% a20 a27% a28% 120 16% Apr 21 114 27% Sep 32% Mar 26% July a4% a474 a29 87 8% 8% 280 a77% a79% 11% U% 95 95 150 a7774 Jan 94 Sep 115 Feb 883 27% Jan 102% Jan 105'A May 100 Jan 128% 102% 102% 103 90 126 127 129 a28% a28% 25 * ——5 • — ....—.10 5 __ a81% Co (Un)—10 7% 9% 5 — Works (Un) & 4 Equip 48 pfd__._100 Co Ltd Chemical & 479 11% Jan 23'A Oct 3 % July 4% Aug 37% 1,305 29 74 Jan 37% Oct 69% 674 674 a80% a8274 120 58% Jan 70% May 200 6% Jan 7% May 508 61'/a Jan 82% Aug 538 40% Aug 48 % Apr 620 8% July 15% July 36% July 12% Feb 23 74 Mar 36'A 2,600 400 69 % 45 45 9% 9% al9% al9% 48 48% a90 50 600 a90 3 ^ al5 3 13 Jun 33'A 4874 2,406 25 July 33% Oct 830 41% Jan 50% Jun 121 46 Aug 5074 Mar 49'/a Sep 54 Oct 14% Jan 4874 General Motors • 5 a48'4 52'A a48% a4874 52 % 54 General Paint Corp * 12% 12% 12% 15% 15% 16% 16% a43% a43% — * Preferred Feb 55 20 55 Oct 60 Jan preferred—. 2nd — — * Co.! Razor Golden % 450 State Co July 5,362 — 10'A Aug 600 874 Mar 19 Jan 15% July 18% Jan 20 37% Feb 42% Jun Jun 100 15 100 474 6% 28% 28% 360 21% Feb 29 — 14% 14% 1,223 12% Jun 16 % July 70 70 67 Jan * 3 74 2 250 40% 426 32% 41 449 31 Hobbs Oil Honolulu 4 Mar Jan 42% Apr Hudson 41 Oct Hunt 8 74 60 12% 100 7% 18 150 15% 9 Jan Jan 6% Mar 12% 14c 2374 39 39 7c 1,300 ,18% 295 15 PineanDle Co Jan. 29% 28% 29% 45i 327a 3274 33% 92 : Feb 1074 722 9% July 11% Jan 2,625 16% Mar 20% 20 19% 20 3% 3% 330 6% 600 Co (Un) —1 Corp • —12% Motor Foods Co Car 6% Inc Idaho Power Co Oct Idaho Maryland Mines Corp Int'l Nickel ... of Canada Tel 18c M 64% 43 % 10% (Un)_——: Johns-Manville Oct Kaiser-Frazer 20 1 88 __ — — 1.25 —• a33% (Un)—• al474 • "43% 1 com 774 al7% 6 89 al6% al7% 88 14 14 a35% a35% 1.25 1.30 a33% a34% al374 al4% Oct Jun 39 (Un).. & Tel (Un) ._ Kansas Power Corp (Un) Corp 24% July : 29% Aug Kennecott & 29% July :f'. 3574 Jun Kern Copper Light Corp (Un) (Ud) County Land Company 8% • .8 __ — 43% 45% 7% 8% al7% al7% 64'A 62 Aug Jan 10% __ 73 44 35% July • 3 Oil 2574 v Ltd class »B Sep 18% May Apr Jan 36 125 288 a59% a60% 42 42 • : Battery Co Jan July -- a60% Oct Feb July 14'A —100 & Greyhound Corp Nor Jan • Ltd common Rubber (Un) Ry non-cum pfd (Un) Tire Great 12 — 16 25 Co preferred Goodyear 34% Mar 3% July & McBean 27% May 2374 July 22% July 1,190 Safety Apr 32% __ common U al5 —' new Oct a__ ,7„ 10 common— 49% Oct 400 (Un) Corp Sep 21% 374 — com Aug 60c 23% 1 —20 ■ Jan 11 Jan a90 — Co 8 Jan 11% 45 * common Oct Sep 100 37% 15 (Un) 28 Jun 6 70 310 Feb Oct Aug 374 common 1774 43% 50c — —* 20 22% 21% 374 __ common a8% 9% 60c 22% 9% 58c 5 a8% 9% 58c a8% —1 Aug Sep 42% —— 9 61 % Mar 14 42% ———2 33% May Jan 42 % — Jan Aug 1074 57 43 * _ 6% Jan 5% 3'A Mar a28% __ Aug 10 5 iUn) Oct 40 a474 __ Sep * 95 (Un)__* 2.60 May 32 al2% ' __ __ (Un) 17% 12% .... __ —25 (Un) " Brake Oct 81 83'/a 23 __ Electric Co Jan * Westinghouse Electric Corp 4474 Foods Corp 11% 22% ' 17'A Apr General 63 13c • Jan 29% General 12 18 1 7'A 266 11% Co Machinery Gillette 12% __ 743 1 Inc. A July 30 280 16 al9% (Un) Jan 25 % 81 83% 17'A a28% 1.40 686 30% __ a28% (Un)..1• 100 30% 17% a44% a46% a39% .v Oct 1,665 1974 __ • Capwell Co Gladding 8% 5 Spring Air 45 (Un»__ Oil Corp Feb y38% __ Alloys Steel Westinghouse Jan Mar de Nemours Derrick Apr 40 % 40% * Toy Mining Steel 32% 20 710 4374 45 a38a39% 1.50 1.50 __ 10 5 Bond & Share Co International Vanadium Feb 25 America Co Co Plantation Holly __ Foundry com Manufacturing Standard 11% 20% 27 Jun 474 » San of Corp Kodak 14% 3 74 38% Pittsburgh Steel Ruud 9% July 14% Mar * ■___ I) Oct 160 Eank—_ Bridge (E Pont 8 all all% all% class A..2% Co Chemical Aug Feb 47% 52 "A — ——25 Oil Fields Co Dominguez 48 Sep — Mfg Jan Aug 53% __ Co common Doernbecher 143/b 12 25 Apr 41 52 (Un) Giorgio Fruit Corp 24% 11 10 preferred. Glass. Jun 1.50 Feb (Un) : Abbey July 50 ; 18% May Aug Corp common Publishing 19 90 2% Mar 95c 51 — (Del) Natl Curtiss-Wright Cypress 1174 July Jun — — 13 105 34% common America Steel 10% 25% 00— Common 695 672 • 1 (Un) Co preferred 5% Mar 664 1.00 47% : Edison of Jun 4% 16% 1.00 • (Un) com System Oil 374 4% 16% 11 % Mar Aug 14 35 28 4% Jun Apr 6% (Un) Iron Preferred 2nd 770 257B — 24% — 100 Zellerbach Crown Hawaiian National Fireproofing Corp..—___ Pittsburgh RR & First 200 27% 5 21 100 . ._ 28 8 49% 52% Coppermines Creameries 1174 13 10 5 . Ry Solvents Continental 23 1 — Gas Co Continental Motors common 4'4 -100 7% Glass Jeannette Sep a25% a25% 16% 25 Consolidated Edison Co of N Y 55 1 . Jun 17% 8 2% Commercial 12 21% Jun 18% 8 America Co Commonwealth 11 % 12% ■ .8.50 — 7174 July 13% Mar (Uru_* 25 Gas Consolidated 21% . -. . . Gas Co. Pitt Brewing Feb 14 47% B Convertible Equitable 58 100 47% common Broadcast System Columbia Columbia Eureka High 10% — 1J> 100 47% (Un) Fuel Sep 120 (Un) Ohio Service Jan 656 16% 16% __ __ Oct July 3.25 16% 16% a69 a69% __ 1674 1 corp Colorado Food Shares ...10 . 41% Mar (Un)___—1% Mining Paul Preferred Chrysler Ewa for Week of Prices 10% 38 Jan Sales Sale Price Low Jan 49% Mar Pittsburgh Stock Exchange Par 2474 237 5 Corp of & St Mil Emporium Arkansas Natural Gas Co com 118 a50% a50% __ a50% 505 ♦ Pacific Ry Chesapeake Emsco , 16 Jun _* Trading Corp com Eureka Electric STOCKS Jan 2.10 Co Qorp Central El Friday 44% 7% 7,617 5 Caterpillar Tractor Co common... Eastman Week's Jan 313 2.85 36 50 Dumbarton 119% 119% 1959 Tel & Tel 374 s 30% 12% 2% B Dry Ginger Ale Celanese Jan 12 Co class Packing Canadian Oct 274 2.75 36 (Un) (Un) Preferred Dow BONDS American Baltimore Pacific July 1 2.75 —— Ink California Feb 30'A 20% Aug 25% Aug 41 common Calif Oct Oct 50 ... _ Aug 12% 5 (Un) Jan * 1574 1% * Sugar California Cities 12% __ Jan Apr 44% _ Cement Oct 9% 20 common Dohme Gas Apr Jun 84% 9% . 24% • .1 United 18% Jan 9 74 —3 preference unneu 54 % 19% 9% 10 10 . Co Oil 25 July * -50 Light & preferred & 12% 345 67 52 19 74 10 » preferred Corp Paper Jan 8% 67 % May 774 1 Participating Scott Apr 62% July Phila Transportation Co com Reading 3% 15% 2,131 Electric common preference common div 1 17 Philadelphia Service .460 Apr 974 1% Aug 84% Pennsylvania Salt Mfg common. Pennsylvania Water & Power Co $1.40 354 11% Sullivan & Art Tile Jan 15% 16% RR Public 22 July 9% Mar 79% Corp Power 3%% 2% 2 9% Mar 974 27c 43 % 15 California Canaua 5 Pennsylvania Philco 91 17 Valley RR div 18 455 14% 13% —" .10 com Co Pennsylvania $1 18% 14 8174 Brothers Pennroad 18V2 14 >4 17% Mar 2 74 Lehigh Coal & Navigation Lehigh 1874 13 161% May 113 8 common Light Battery Motors Gimbel 13% July * common— Corp Delaware 330 34'4 Jan 10 120 Oct 100 Co preferred Company Chrysler 2,418 15% 3474 * 25 Transit 1st 15 74 High 29% May 146 Vn Jan 10 City Elec Co Ealdwin High 140 July 1 capital Co Calaveras Low a4774 • Hill Calambra Range Since January 1 15174 150 150 Va 100 Corporation American Arundel 3374 34 74 9c 5% 600 __ (Un) (Un) Byron Jackson Co for Week of Prices 5% July 2,858 Sep Feb 25 43 % Co Bunker Sales Last Friday 23% Aug 132% 1 Borg-Warner Corp common Sale Price Jan • (Un) (Un) Bishop Oil Co Oct Eorden STOCKS 104 2 Steel 52 — ...100 Corp Mining Cons 73% 315 53 74 Ohio & Aviation Bethlehem * 11% May 64 Jan 12% 2 _ Machine 11% May 40 Sep a'11% all % al32% al43% 6% 13 Oct 70 3 (Un) 6474 161% May 238 16'A Mar Aug 5% Mar Baltimore • Bankshares Wisconsin Jan a35% a35% P10 (Un) Mfg Corp common Jan 53 146% 2.50 Engine Atok-Big Wedge capital Jun Aug 16% May 2,077 . 12% Aug 12% 2174 May 171 37 A Top & Santa Fe Corp Atlas 20 Nat Gas Corp . 3% July 5874 11% July 324 a98% al01% a33% a33% __ • 52% Jan 38% Apr 25'A Sep 14% Aug 53 150% 151% __ 50 133 a63% a65% __ 14 (Un) (Un) Apr 2% Jun 15'A July Corp __ • 100 American 22% 200 a56% a57% al074 all al6% al6% 13% 13% __ • (Un) Co American 3% * (Un) 492 3'A 3% a56% al074 1 iUn) July 210 __ * (Un) Light Smelting & Refining American 13% 19% ■ Dye Airlines American Amer Aug May & American 320 3 9'A 40% Chemical 1 High Low 41 28 __ a24% ♦ (Un) Co Range Since January 1 High a43% a43% __ 1 Reduction Alleghany Corp (Un) 1,900 .1678 4 4 Air Allied 19% 35 Jun 47 • Bros Apr 46 74 ... Westinehouse 14% Aug 14% 24% July 51 1 . Jun 46 74 ' 4 com 10 700 _ _ 9 300 -10 69% Mar 39 74 July 450 18% • Theatres Works 13 3074 * Iron 12 13 18% Corp Van 75% * for Week Oct 29 (Un)_ (Un) S Warner 165 1,500 15% 18% Corp Inc United U 5074 15 74 2974 Carbon «fe Oct Sales Range of Prices Friday 18% Mar 36 74 1574 .2 _ Jan 14% —5 Co (The) Carbide United _ 16. 25% July 39 74 5 _ La Union 50 1,500 Week's Last SaJc Price STOCKS Aug 497 a .25 ... Timken-Detroit Traae 18% 36% 25 (The). Co 18% 34% 10% Jan 15 i Co 7% 1,100 High 15% a Tool 9% 18% _____ Machine Sunray Oil (Un) Low 35% 1 (Un) 9% • Corp Bundsirand 9 74 San Francisco Stock Exchange Range Since January 1 High 6574 62 * 74 Feb 7 Mar Jan 96 Sep 265 13% July 3,800 170 238 681 Sep Feb 3% 49 60 Aug 2.25 . 400 390 3.75 Sep 9% 38 1.20 Jan Mar Sep 25'/a Mar 9% 41 Jan Aug 51 May 4% Jan Sep 45'A Mar Apr 16% 467 2.05 31% Aug 16 78 50 15% July 38 Jan 2,280 277 17% May Mar Jan 974 19 Sep Mar 65% Oct 62 Oct 35 36 (1468) The Commercial and Financial Chronicle . . . Monday. October 16, 1950 OTHER STOCK EXCHANGES ; Week's Range Shares Friday STOCKS •t:, Par Leslie Salt Co LeTourneau Libby McNeill Lockheed Loew's Macy & Magna vox (R Corp.: H) Low 34 Aug Pure Oil Co (Un) 50 11% Jun 14% Feb Radio of 8% 625 7% Apr 32% 32% 210 23% al7% — a32% al8 225 15 a32% a33 % 17% 5 17% 35 35 — 8% Oct Jan 34% Aug July 18 7z Co Matson (Glenn) 29 Va Apr 32% Jun 209 11 Jan 24 McKesson Co Robbins & <Un) Inc • 23 Jan 35 Oct 18 (Un) a40 % 14% 150 17% 18% Middle Mfg Co South common 18 % 2,039 a39% a40% 10% Feb 13 Mar 563 18 % July 19% Sep a_~ Utilities Inc M & & M Consolidated P10 (Un) Port Montana com <fc Co (Un) Auto National Distillers North Rheem Oil Riverside Cement Ryan RR • Co (Un) common Invest Oliver L American Coast Gas 6% class A.„ red series Pacific Light Pacific A Portland Pacific Pacific Tel common Packard Motor Park 1st common World Cons Mines Co (Un) Petroleum Sound Pullman Inc 758 a9 17 Jan 21% May 23 8% 130 17% 979 20% 7% July 11% 200 14% Jan Jun 19% July 275 12 10% Jan 16% July 20 86 % 40 16 26% Sep 9% Jun Southern 23c 22c 30% 30% A ' 2,400 22c 554 Calif So Southern Southern Co Southern Pacific 23% Mar 16% July 21% Feb Jan l'o 29 % July 30 151 1,036 9 '/a May 34% May Oct Jan 11% 46c July A 40 Sep 30% Jan 13% Jan 16% 4% 4% 1,693 3% July 5% Feb 32% 7,147 30% July 35% 34% 35 623 34% Sep 37% 11% 1,200 Feb 17% Oct 31% 32 385 31% Jan 34 27% 277a 269 27% Sep 29% 28% 287a 600 28 Jan 28% 732 28 Jan 29% Jun Cal Gas Co 51% 741 213/4 22 3A 3,120 23% 23 23% 321 __ pfd Swift Co Oil May Jun Union 8 105 57a 100 1172 Jan of Jun 151% Sep Warner U S 4% 400 3% Jun 4% Jan Wells 187 8% Jun 10% Feb Westates 18 851 21 Jan 10% 10% 10% 760 7% July a57% a58 Va 135 45 % Mar 9 UV2 277 20% 21% Feb 31 Va 16 Feb 24 39 355 Oil Preferred 29 Air Lines Western Pacific Sep Western Union 11% Apr Westlnghouse Sep (Un) Woolworth Feb 22% Jun 37 74% May Yellow LISTED (F Cab 31% Aug 237/b Mar 76 74 1,956 61 Jan 77 3 4 Sep 58 201 42% Jan 55% Sep 86 775 66 7b Jan 86 Oct 36 975 25% July 7» May 36 Oct 39 Aug — a a39% a39 72 74% 74 72 309 17% 4,794 18 18 100 Range Shares Par Paper common — Shoe Aluminum 13,528 21 7b Jan 45 Oct 25 5,165 22 74 Jan 25 Aug • Co 23 103% Argus Can Co Corp Ltd preferred 4%% pfd pfd common Ashdown Hardware (J H class A 10 Paper class A • > Telephone Rights 25 Amer British American Light Bank British Columbia Oil Power___» Co common Elec Co Forest Columbia Class & Note Columbia British 21 July 20 102 Apr 9y2 9i/2 25 23% 24% 5,156 Power 7 40 y2 685 247b May 180 13 74 May 17 30 Va 265 257b Jan 16% 17 74 1,005 137/b Jan 33% Aug 18 3/4 Aug 4 310 37b July a 197b 70 ,.15 % July 19% a 40 41 2,118 7% 7% 7% 400 13% 13% 13 % 285 285 285 35 74c 75c 900 5 574 2,560 * — « (Un)_ 43% * a393/a _ 12% - 33 a83/a 1 10 47 1 _ class A page 41. Products Gold 10 8% 1,580 7 Jan 9 Jun Canada — 80 130 72 July 82 Apr 25c 523% Feb 90 Oct 26 Jan 27 45 % Mar 46 7z Jan 10c 10c 1,000 6c Aug 3534 36y2 3,201 24% Jan 36% 16% 16% Sep 30 14 July 16 72 35% 38 25 Jan 39 7,488 1 13 207,372 23 22% 23 11,235 14% 14 % 75 29% 30 3,825 60 Cement common 101 5 5% 29,450 31% 30% 31% 910 4.75 4 40 __ 5% 1,850 Jan Feb 1.25 Mar Sep 772 Mar 10 250 77/a July 10'% Aug 1,240 16% Feb 20% Oct 4372 190 30 y2 Jan 43% a3978 a40% 33 337a a8% 160 1,444 8% 122 47 47 339 5% 5% 100 a 20 - 43 Va Oct Mar 40 Sep 297b July 36 Jun 33/4 Feb 9 7b Aug July 5% 43 50 Va Apr 6 Sep Apr Week's Sales Range for Week Shares Low Range Since January 1 High Low High 15% July 19 % Mar 18 18 % 150 8% 8% 8% 970 6 Jun 33 29 Aug 30 33 2,010 a7.25 a7.25 230 ' 46% 46% 29% 5.80 July 8% 36 Sep May 9.75 Mar 46% 915 34 29 % 29% 555 29 Jan 29% Oct • 11 11 100 8 July 12% Jan —* ... Power Steamship preferred Corp common 24 24 % 239 14 Jan 25 % Aug ■ Jan 49 Sep 50 44 42% 44 265 * 21% 20% 21% 6,236 • 30% 29% 30% 345 22% July 30% Oct * Breweries Canadian Bronze common Ltd Canners Canadian Celanese series $1.00 series 38% 1.01 19 Mar Canadian Class common 21% 21% 22% 675 18 Apr 22% Oct • 14% 13% 14 % 2,435 10 July 14% Oct 20 al7 al7 al7 114 14 Jan 17 Va Oct 44 34 Jan 44 Oct 19% Rep 23% Jan * 43% 44 1,730 25 38 38% 360 37 July 40 —25 22% 22% 125 22 May 24 common preferred preferred Converters class A 38 Oct 20 Oct Jan 423% 1.13 Jun Oct 24 7b Jun Canadian Companies Pacific Canadian Vickers J) Jan 7% 7% a5% a5% 10 Aug 9 Feb 63 60 63 940 30 July 65 Sep 23 27 28 385 22% July 31 May 17 17 17% 650 15 18 May 21% 21 21% 3,831 16% Mar 22% 12% 12% 12% 1.800 12% 13 18'% 19% 3.275 14 13% 13 % 775 12 common Railway 4 25 - Plow (B Sep Mar % 13% Locomotive Oil Coghlin 45% 19% Investment Canadian Cockshutt Jan • 0 Foreign Canadian Sep 28% • pia B Canadian Co Ltd 14 Aug 15% Jan 3274 Jun Consumers Jan 10272 Sep Corby (H) Distillery class A 40 6% July 5% July Oct 9 Jan Sep Oct July July 19% Oct 14% Jan 91% Mar 120% Apr 25% 100 2.75 Jan 53/8 Oct Jan 327/4 Jun Distillers 5% Jun Dominion Class Crown 4.75 16 300 July 18% i——20 Northern Consolidated 100% 5% 43/4 Oct 2074 May 3,110 ! 02 July 69c Jan Mar 36 38% 77/B 117b July.. 266 Sep 20 of Prices 5 Ltd $1.30 preferred Canaaa $1.75 38% Jun 8 41 53/4 July * _•_ Dredging Canadian 8% __ Aug 4% 21 7 Jan * Canadian Car & Foundry common Class A 330 37% 267, • Oct 2,902 80 A Jun 27 29% » class 97z 90 • pfd_100 Products • Ltd 24% a46 8% 100 Last Jan a46 ' 503/4 May 337a Sep 9% 20% — July 133/4 26'A 14 % v see Api July 473 1574 July 86% • 4%% B For footnotes 257a 105 27 __ in Tractor British British 45 19c Bell Brazilian 23 90 50 • Power & 24% 25 ____ Bulolo Canadian • Corp Bathurst _ 100 Warrants Asbestos 4% 4%% 23 103 103% Apr 13 Canada • _____ of Anglo Can Tel High 45 24% • _ Algoma Steel Ltd Low 41 24% __ Aluminium High 44% 207» 31% 40 % 1 B Building • Acadia-Atlantic Sugar class A 5% preferred —__ioo Agnew-Surpass Low Mills Class 20 Jun 4 Par Range Since January 1 1774 46 %< Sale Price for Week of Prices Oct Jun 15% 17 STOCKS Sales 327b 19 7B 30%. —1 (Un; common. Sep Jan 14 7b July 31% 15% _50c common 74% MARKETS OCTOBER Bruck Last 23 317« 16% Canadian Fonda Sale Price Jan 31% — 36 5974 17 Friday Week's 25 290 --S (Un; W) Co Jan Jan — (Un) Willys-Overland Motors (Un) Sep Feb Sep 26 V2 217/b -100 11% Mar 14% 62 % 250 404 85 % 1 (Un) Corp Jun 137s Mar a57% 5 T Telegraph 1072 July 5074 Jan 29 31% (Un).. 60% Elec 22 % 22% • I—1 Co 36% Mar Sep 46% Stores RR Jan 13 57% —25 (Un) Inc 3374 1 34% 1 U Jun 22 % <Un)_ __ Department July 30% Mar 85 % a 5 — Western 28 74 May -10 _ common (Un) Western a 59 7« 1 _ common Oct 367b Sep 28 1,176 10 & Petroleum 3172 July 26 284 60% — _ Co Bank Fargo 765 280 28% 1,011 28% 1 com_ _ Pictures Oct 26 74 11% 29 Oct 39% 29 7a Mar y4 33% 11 % • Aug 58 42 22 11% common 2% 35 980 a41% a42 Va 605 1,061 5 —25 Theatres 20% Jun Sep 31 24 74 76% Inc — Apr 7%i Sep 55 Inc 14% July 318 a743/4 a76% 2Vb 59% 250 —25 Delaware Corp Bros a93/a 300 Feb 15 _ _ Equipment 4 753 32 • (Un) Carbon (Un) Steel a9% 2% 305 34 74 25 Paramount 111% 20% Oct 58% 15 —25 Corp Feb 13% July 52% 333/4 Calif Air 25% Feb 53 % Jan 15 Sep 144 Feb 35 33 % — United Common Oct 42 7B 26% __ United Apr Jan 528 2 Aircraft •€dtp<Un)_. 23% 9c 248 33% a • United 55 % Oct 36% Mar Jun 39 __ _1 (Un) of July 6c 53 7b —25 — (Indiana) Lines 8% Aug 14% 30% 33% _ & Sep 52 % a28 % 12% 99% JulT 56 27 Oct 34% Apr 14 74 25 (Un) Corp Montreal Stock Exchange & 48% May 237b — _29 _ .. Airlines Carbide 22% Aug 231 148 ; (Un A— Union Oil Co of California RANGE FOR WEEK ENDED Power Feb 297b Mar 52% 24% 5 (Un) World Mar 2% $1.50 preferred 373/4 170 57% 15 _ Petroleum Inc Co Transamerlca Trans July CANADIAN Abitibi 48 33 8 — Co Corp Co & 14 19% STOCKS 263/4 3,969 _ com 4.48% series Texas Company (Un) Tide Water Associated 48 % 2% Friday Jan 30,500 _ __ Brands Studebaker 17% 21% 39% Mar 1974 7c ___ — Standard Oil Co of N J Victor 1023A 103% 148 75% 33% July 35 0 __ Sperry Corp United 51% 21% a 199 492 6c 28% May 28% * a35 26% 32% Jun • Oct 6c A Jun 16% 20% (Un) Jun 41% 34% Oct 32% 11% Oct 35 Jan 14% 5 preferred California 16% _ 43 Jan 23% 53 % (Un)_ Edison Oct 32% __ Jan 30 3/b • preferred Jan 90 27 30 __ 8 Aug 20 11% 102% 24% 145 33 — _ 17% 21 28 y2 July 200 a40% a40% . 151 595 a4G% a46% 10 Sep 74 5 class cumulative Convertible Standard * Timber — y2 41% a 34 P10 Pulp Co Standard Oil Co — a467« (Un)__* —1 (Un; 11% Jan 33 %c & Soundview Standard 1 (Un) 25% 43 46 May Sep • Co__ Pulp 26% 14% July 20% July 50 (Un) a35 % 263/4 __ Oil Oct • (Un) A Inc Co Corp Apr Dodge Corp (Un) 25 Philippine Long Distance Tel Co—PlOO Puget Oil 72 Phelps Phillips Sinclair 27 Airways (Un)_2.50 common a35% Mar Jan 100 Pennsylvania RR Co (Un) Pepsi-Cola 17 Yb 505 ♦ pfd common Companies Utah Oct 28 Jun 100 Pan American 735 10 (Un) class Signal Oil & Gas Co Jan * com _ 15 Socony-Vacuum 19% 7% & 18 V8 28% Feb 43 Co 76 —25 Preferred Paraffine Roebuck Oil 40 25 Cement Tel 64% 25 Service & 51Vb July 23 % July 23 % May 25 preferred Corp Public Sears 40 20 74 41% Oct 405 5 preferred.. preferred red 5% July 5% 2,480 — July 1 __ Mining 69 5 1st 5% Mauricio 27 25 common 1st preferred 4.80% San 68 " Fisheries Electric 19 % 21% 86% _<■ 85 :~io Co Safeway Stores Inc 25% • 1st preferred 5 Vi % Aug 68 fe Apr 60 a34% Co Foods 27 a Aggregates & 550 20 l (Un) Filters Fine W 10 __ Pacific and 100 (Un) _ Pacific 26% 14% 100 Cons. Railway common Pacific 26 al7% al7V2 — „ United Class 14% 10 common i w 504 20% 1 (Un) Petroleum Corp Edison common Co 64 % 8% loo Oil Pacific Oil 17 16% 17% • preferred Rights July a9 • Occidental Ohio 25c Mar 3.50 4.32% Power American Ohio July 4 250 26% __ • Aviation American Northern 13c 6,500 Feb 19% a9 l (Un; Mohawk 5 %% (Un) . 23 43 Corp Aeronautical Jan 41% • • Co 44 127s a34% —25 (Un) Manufacturing 27% Mar 388 59% 59% 1 common Corp High 105 18 % a Mar 1.60 20% 19% 1 Company Co American North 26c 21c • — 5 Products Service Corp North American North (Un) Fibres National Linen Niagara 19% May July 64 % 10 Corp National Central July 10c 5% • Morrison-Knudsen Co Nash-Kelvinator Y 15 52,100 5% 5% • Montgomery Ward Natomas 970 a22% a22% * Power Cement _100 pfd Reynolds Tobacco class B (Un) Shell Monolith N 100 15c 19c 21c 1 (Uni 1|6 % 15c 15c 2.50 16% common—* Ltd Low 44% 18% — 2.50 1 Mindanao Mother Lode Mines J Incorp Co Range Since January 1 High a43 % „ Preferred Steel Low (Un) America Realty & Rayonler S Menasco Shares Apr 300 14% 1 common Navigation for Week > Richfield Martin M Equip Ry Oct Com Republic 170 Sales Range of Prices Par Apr 8 % Week's Last High 31 1 _ Machine High 30 — • i Calculating Friday Sale Price STOCKS Range Since January J 32 1 common 13 al5% al5% 15% • Co Marchant a 7 Libby & (Un) Co Low 32 Inc————1 G) Aircraft Inc 1 10 <R ENDED OCTOBER for Week of Prices WEEK Sales Last Sale Price RANGE FOR 27 3/8 27/a Jan Mining A Smelting 120% Glass B 11% Cork & Seal Seagrams Bridge 118% 120% 1,845 23 11% Co 29 180 10% 11% 1,835 11% 10% 36 24% 56% 53 8 Jan July . 1,990 8% Jan 36 36 26% 22% 5 31 % Jan 27 16,170 19% Julv 53% 2,105 39% July Oct 29 Oct 12% Apr 12 Apr Volume 172 Number 4951. The Commercial and Financial Chronicle . . (1469) CANADIAN RANGE Friday Week's Range Shares STOCKS Par Dominion Coal 6% Dominion Corset Dominion preferred Co Foundries 21% • Steel <K Low 25 Ltd 7% Glass 100 common 22 62% Canadian Funds 1,251 19 July 22 Oct 850 12 Juiy 14'% Jun 33 y4 166 27 Feb 38% Oct 101 25 100 Aug 102 Friday 627a 75 44% Mar 65 45 33 % 36% Feb Sep Anglo-Nfld Develop Co Ltd— Atlas Dominion Steel & Coal class Dominion Stores Ltd new Dominion Tar & B 25 Chemical Texun '••• 2j% :_23% xmor- Donnacona Paper 4%% 25 11% * common Redeemable preferred dominion 2G% * 103 26% Oct 11 605 10 Sep 27-'■> 750 23 May 29 Feb 21% 50 Feb 23 May 11% 12% 5,161 103% 103% 4 11% 26 12 Va —100 16% July 13,277 > 21% — _ pfd 26' 105 2iy2 10 11% Oct July 12% Jan 105 % Oct Jan 31% Sep 30 Oct 9 Apr Steeis Bros Drvden East Ltd Kootenay Power cu'OiOn preferred (T H) Foundation Co 23 Co of Corp 1,890 15 30 275 15 Jan 2 Jan 51,4 50 19% 350 15% 15% 15% 200 13 IT a21 a21 20 16 15% 16 * Canada common ■> 51/4 10% pfd_IIII__I25 4.16% 28' 19% __ 20 1 rlayers Canadian Fraser 27% 33 « A ciass Coip Estabrooks tamoua 23% • ; Eudy Paper Co t • Paper _* 33 36 39 37% Jan July lo . Oct LVlay 1 Jan 20% Sep 13% July 16% 7% 5% Power common • pieferred 5%'7 100 preferred General 27 4.3U0 24 y2 Steel Ltd Wares prelerred Gypsum Lime 2,491 107 55 101 25 108% 110 110 2.25 500 2.15 19 19 100 ij% 215 17 103 105 105 15 * 22% 22% 23% 3,205 • Alabastine. 15 y4 2.25 . _• __ & 17% 107 __ ._*■ — common 59 58 59 __ Smith $2.00 Paper common preferred 50 icoacco "fC'iOi j' 01 canttua >vv.cp',a.nc« $5 common 19 Va July July 109 Apr Apr Sep 111 Apr July July 3.00 preferred 1.25 preferred— conv il.oO 781 British Columbia Brit -- .»< inn*! NlcRe Pape. -- °»troieum International v>. ci Co Ltd—_ Power common Public Labatt Lake Ltd 50 % Jun 57% Sep 30 Oct 48% 12'% 13'•> 4,575 12% Aug 14% of the 25% 25 25 y2 Sep 26% Jan ($34 6% 125 6% July 7% Jan 35% 34% 351 2,480 a98 a98 20 35 __ • Canada Starch Co Lang 6c Sons Ltd Laura Secord Lewis Bros 35 40 _j 35% 35% 35"a 410 4 75 4 75 4 75 50 18% 18 18% 185 37 37% 4,9oO 141 141% 360 ■ 141 14% Jan Oct 55 6 Jan 10 Sep 10 81 Mar 160 Oct al59 al59 5 127 Mar 161 Oct 8 8% 61,522 3% Jan 8% Oct 123% 127% 1,740 92% Jan 127% Oct 1.50 Jan 4.50 Oct 8% 127 4.50 3.50 4.50 1,395 9 8% 9 305 21 % 22 14 % Mar 8% Aug a49 * 20 July 22% May a51 55 48 July 53 30% 25 21% Jan 30% 16 5 530 a50 30% a51 ♦ Food Products General Ltd com Investments 16 125 10 Jan 16 Oct 13% 13% 100 12% Jan 14 Aug 40 Jan 54 May a49 a49 35 3.60 3.60 100 Jun Oct Jan Canadian Power 326 17 % Jan 29 2,736 21% Feb 29 Oct al76 al76 1 175 July 180 Apr a70 a70 10 60 8% 8% 8 95 95 52 l 4.40 4.25 4.40 1,325 a3.no al.60 a3.00 com.* : Marconi 21 28% * Internat Inv Trust Ltd pieferred 21 28% 100 Canadian 21 * preferred 5% 5.50 3.50 July • 1 common 100 Company 5% & 163 21 70% July 5% 8% Jan 94 103 Jun 2.75 Jun Apr Oct Feb 5.50 Apr 3.00 Jan Oct 29 % 4.25 20 135 12% Aug 6% 6% 12,175 3% Jan 66 66 362 57 Jan 66 Oct 12% 12% 480 12 Jan 15 May 116 116 Jan 117 Aug 12 Jun 15 Va Feb Apr 29 y2 Mar 141 6.00 Mar 18 % 7% 39 % Limited Ltd 66 * „_1 common preferred Steel Co 116 125 113 10 12 225 10 8 8 125 7 common 1.00 1.00 205 • Cinzand Sep Claude Neon General Advert Ltd cl B_* 150 May Ltd class A Preferred 7% Jan 100 Ltd 20 Oct * 100 — Products Chateau-Gai Wines Ltd— Jun Oct 1.00 14.% Oct Sep Jan 8% Mar 1.20 Aug Aug • 13% 12% 13% 3,383 8% Jan 13% 46 19 July * 11% 11% 11 % 50 10 Aug 19% 18% 18% 1,425 18% Oct * 27 25% 2/ jvl 22 y2 » 14' 13 15 685 15 14% 15 275 10% 10% 50 Jan. Sep 35c 1,000 30c Jan 80c Jan 25% 1,000 25 Sep 40 Jan 3.00 3.15 700 2.00 July 3.50 Sep 4.40 100 30c 25% 35c 4.50 1,200 3.50 July 4.75 Jan 9% 9 '/a 150 9 Va Oct a65c a65c 1.00 Jun Aug b4 10 Feb 18% 41 31 y2 July Jan _ 1.50 20 6 "8 Cassidy's 37% a92% a92% 205 * * Jun 7,122 _ com__* Co 40% Jan 50% « Inv Westinghouse 48% v» Paper Lumber preferred Canadian 50 __ Jan 11 a9 Canadian Feb vj, pld—.100 Jan 2.00 160 13% 101 425 London Canadian Invest 5% Sep 165 Apr a9 ♦ Sep 98 945 Ltd_-1 385 14 Jan 1.75 160 Vinegars Ltd ; Canadian Fairbanks-Morse Co Ltd Western Shops Ltd—____3 Candy Jan 6% 165 a9 * Canada Canadian 24 At 14% Jun 160 * common Jun 60 (John Ltd 41 23% common 5 600 14 II Malting Co Ltd Packers Ltd class B Aug 29 « Woods 1 1,054 165 2.00 Oct Aug 4.50 3.75 Mar Jan 25% . __ 59% common 13% 2.00 21% IT Butterfly Hosiery Co Ltd Canadian 24 Service 12% 165 — * Canadian Ingersoll Rand Co Ltd 50 (Johni 13% '. 1 Burnett Ltd Commercial 8% Alcohols Ltd * common preferred 3.00 5 60 Jun 25 Jun 12% Apr 20 Jan Jun 28 • Tan Lithograph Mfg Consolidated Paper Corp Ltd 13 Oct 19% Jan Consolidated 13% Sep 17 Jan Crain Ltd Apr 11% Jan David & Consolidated Bakeries of Canada Ltd—* Consolidated Div Jamaica 100 100 Oct • Corp 4.25 100 Company Preferred 59 Jan fl Utilities national 4.25 ♦ Preferred Brown 34% Feb 37% , — 4.25 • Janadian 2iyB Mar __ioo .ommuii 12 com"♦ Pulp & Paper Co Ltd Canadian Industries 41 % Mar Canada <v . ci..nuoiia, 23 Va Jan • A Oct 402 25 Preferred Feb 7% * B Col Chatco In' class Jan 8,7 Oi * com Packers 23% 2,124 32 International Bronze Powders 6'/, preferred 14% 3,020 * 105% Apr 30 25 __ prelerred 45,005 11% B___* ___* B 16% July 50 100 28% 11% Feb 19% Mar 54% • High 25 Va 11% Canada & Dominion Sugar 50 __ Low 27% 100 Canada 29% 13 cl claBs Oct 52% £1 Paper Co Oct 29% common.a _ & 39% fit 25 preferred Range Since January 1 High , 39 % • oreferred 6% Ltd Jan • Hmi on Bay Mining & Smelting Imperial Oil Ltd Co preferred 7% Howard Products Pr July 17 __ 100 Bakeries General 5% 17% Low 5 , Biekle-Seagrave Canada Gaiineau . Sep 2,480 39% 19% 19% 2,070 39 • , Shares • .. Lta. Auto Fabrics uathurst Class Donohue for Week Oct 93 % Sales Range of Prices Par Oct 34% Week's Last Sale Price STOCKS Sep 60Va 34% 20 Montreal Curb Market High 13iv 100% • preferred Low 33 _ Dominion 13 Range Since January 1 High 13 13 • prelerred OCTOBER for Week of Prices ENDED Sales Last Sale Price LISTED MARKETS WEEK FOR 9 a 1; a— Standard Sec cl A 9 Va • Preferred __ • Mills common al8 12 15 Jan 17 Sep 30 30 30 100 24% Jan 30 Sep 31 % 28% 31% 26,664 17% Jan 31% Oct • lJVa 13% 13% 625 15 Apr 9% 9% 150 13% 13% 50 * Limitee Mar al8 • Co (R L) Frere 45c 45 Mar • Consolidated Textile 8 -- ♦ B 10% J»" ■ 7% Jan 9% 12 Va Jan 17% Oct Feb " Dominion MacKinnon Structural Steel common..* -uiiidii "Mass Bxpui B _j 15 13% 13% McColl-Frontenac VTnlson (Rout, B . . • 77 73 77 755 50 Oct Dominion Oilcloth • 40 39 % 40 195 37 14% 9 % Jan Sep Dominion 7% Jan 14% Sep Dominion Woollens & 10 ' 6 1 21% Jan 40 Oct Donnacona m% 1734 ig%- 9,110 18% Oct Eastern Steel 26% 28 Apr Esmond Mills Ltd Ltd class \ 29 29 U Grain Co • 137/,, 29% * I-. 3—_. 20% . 40 710 14 141 }J 435 1,725 12% July Jan 21 25% Mar ZO 29% Oct Federal 2' 425 25 July 2^ Feb H'ord 20fU 2,740 17 July 22% Anr Foreign 50% 50% 137 50% Jan 51 Mar 100 80 78 80 350 3 Jun 90 jun * 23% 23 23% 4,707 Aug 37 Jan .25 38 — 1 '/a common . National Drug & Chemical preferred—5 National Steel Car Corp * Niagara Wire Weaving Noranda 37% 38% 185 12 12 50 25% .... 26 22 Lakes A Flour Page-Hersey Penmans Placer Mills ltd 'uuer * Co Rolland Paper Royalite Oil 5% 525 3.75 Jun b.uu Jau 20 18 18 100 14% class of Ltd Co Feb Hayes Steel Products Ltd--; Jun Horner (Frank Hydro-Electric Securities Corp Inter-City Baking Company Ltd July 26 % Oct Jan 26% July 22% 21% 23% 1,490 J<i% Mar 23% Oct a4) 10 44 July 50 Aug 15 50% July 57 Jan 475 12% July 17 % Rep Investment Foundation Ltd 49 % 64% Oct Kelvinator of Ltd • a55% a55% al7% a C4% s>ep Metal Industries Ltd 17',2 al7%61% 64% 2,467 Jun International 5% Paints 2nd St St Alfred 2? 20% 22 3,428 15% Jan 22 Jun Loblaw Groceterias Co 105% 112 2,922 6" % Jan 112 Oct Lowney Co 101 260 99 Jan 101 Ltd 2nd Mills 15 210 12 Mar 16% Jun 19% 385 16 Jan 20% Jun 14 125 6 Jan 14 Oct Maritime 13% 13% 13% 820 Feb 15% Apr 26% 25 26% 550 12% Jan 26% Oct Maxwell 54 50 54 355 27 Jan 54 Oct Melchers 19% 3,395 19% Oct i J <iIT Mexican Oct Mica 8.80 MacLaren 81 Power 19 7 "lo Serif, A Sherwin Sicks' Williams Breweries Voting Simon 19 14 Jan 1J Mar (H) of Canada common Sons & com— 52 5 84% Jan 112 50 % Jan 59% July 27% Sep Montreal 48 Va Jan Montreal 20'/2 26y» 26% 2,211 47 47 47% 235 4^% July • class 104 24 24 125 19 July 25 Oct 20'% 20:% 860 19 % July 22% Jun 20% 20% 25 18 July 22 Apr 14 I Sep Press Co ^southern Canada Stxnaard • Chemical Power of Canada 7 Co of Preferred Canada 20% 25 Stores United Steel Ltd Corp _• Biscuit Weston (Geo.) Ltd : Winnipeg Electric common 5', preferred Zelters 6% Ltd — preferred 4% Royal Metal 19% Aug 22'4 Apr Jan 24% Oct Quebec Telephone Corp A Apr Russell 5 155 9'2 2,340 28 V4 29 9 1 % July 19 Feb 33 10 v« 1,245 20 Mar 29 Orange Power Crush Ltd——1— of Corp 6% N part C Sep cv.i 'nornotes see dukc 4i 9 9 10 39% Aug 5% 11 Jan 16% 17% Sep 18 4 % 8 9% July 33 33 100 31 % 15 Va 15% 280 14% July Oct 10% Mar 24 Apr Sep Oct Sep Apr 33 Oct 16% Jan July I H 58 Oct 27 26 27 350 28 May 2 17 % 17% 150 37% 39% 4,472 100 100 35 15 14 15 330 28 23 26 25 20 y4 30% 10 — 29% 18% Sep Feb 17% 17% 17% 38% 35% 38% 150 7 7 300 a4.75 a4.75 * 35 11 11 2.50 2.50 )u. 1.00 1.00 1,200 2,125 11 100 Oct 18% Mar 17% 27 38% 7 6% Mar 4.00 • 10% Jan Oct Jan Jun 5.00 Feb 15% July 30 20' 1 2.10 85c Feb 11% Mar Aug 2.90 Sep Jan 1.05 Jan 26 17% July ■' Aug July 26 Oct a__ 35 Jan 83 Aug 80 % 80 % 136 72 27% 27% 100 26% Jan 27% Oct 10% 10% 580 9% Aug 11% Jun 18% 18% 25 18% Jan 19 % Jun ♦ 4% 4% 100 112 112 35 Canada Standard Paving 56 4% Oct v4 Mar 56 56 55 53% Jan 9 % 108 7% 113 57% 12% 20% 100 117 117 45 113 Jan Materials Ltd——* 14% 14% 200 30 30 25 * Power 6% pfd & 20% Jun 35 % Bpr) United Amusement B Feb 120 May Jun Apr Sep July 13 % July 17% 26 Sep 30 Oct 20c Jan 40c Apr Aug 19% Mar Apr Western Canada July 42 Apr Windsor 99% Jun 101 Feb Woods 1 "> Anr 17 Sep 29% Jan 35 ♦ 29 25c 17% 30c 31,200 17% 200 13% ; new • com Breweries * 25 35 29 30 28% Sep 30 31 % 25 26 Jan 31 Sep 18% 18% 905 16 'A Aug 18% Aug al5% al5% 18% 5 Ltd—-— 36 35 29 31% * 10 14 July 17% Jan 35 Oct Aug Jan 17 17 50 14 Jan 19 Feb 24 24 100 24 Oct 30 Jan Apr 27% Hotel 30c 17% * A —— Ltd • Ltd— Corp —„—— Products Ltd —* Voting trust ctfs A Corporations class Jan 19 (Can) Ltd United Class • class A % Manufacturing 100 20 Jan 21 Aug Co Ltd ♦ 24' Mining Stocks— Base • Lead Mines Ltd Metals Corp Ltd Metals 1 Mining Corpn Ltd.! 2.10 2.00 2.15 42,600 43c Jan 5.00 Jun 1 2.30 1.80 2.32 192,400 50C Mar 2.65 Jun * 47c 44c 48c 12.100 20c Mar 62c 47c 44c 47c 7,500 36c Sep 3%c 3%c 500 2674 __10 Oct 10% Jun J'-n Trnnsvlsion-Televlsion Juiy . 47 Jun 16% Jan Jun 1 __ Jan 8% 15 . 18 May 36% Jan 23% Aug ' 35% 410 17% 47 10 9 32 - 125 10% 17% 150 Jan 6% 1,405 - 47 10% 17% 20 —* Traders Finance Corp 9,120 39'/4 Feb Sep 58 ... 15% 10% 28% 33 10 Royal 50 Jan Oct 20'/a 20 13 % 10 — 100 Aug 5% 20 Feb 53 lo 250 25 21 10% 14 33 .1 150 18 50 Ltd 20% Mar 17% __ * 400 5 Va 100 preferred 2nd Industries 600 3,605 1st pfd Can 6% 170 , 57 * 115 8% 21% Oct 18% * 39% 21 39% * Power 19 20% 24% 8% Commerce ; Apr Apr 10 Ltd Light & Jan 8% 10 Scotia 4.25 4.25 * 100% 19% Canadienne Nova Jan Jan 25 preferred red Mount Ascot Montreal 3.50 3.50 30 Moore Corporation Ltd Anacon _T 100 100 a— Mar 28% 25 __! 3.50 3.50 2 July Banks Imperial Sep Aug 3.50 40 27 19 100 common 10% 26 Westeel Wilsils Jan 7% 30 98 • com 200 al5c 5 • Worts 36% May 10 25 Newfoundland • <te 32% 30 70 28y4 * .: Gooderham 47 al5c Co— 250 9'/4 29 » aUttOJU Walker Jan Jan 16% Co___—5 Paper Power Union Gas of Canada Viau 42 28 —* Ontario & Island 14 —19% — 27% 150 125 10 33 2034 9% ________5 — Thrift ; Oct 14 % May 47 32% 5 10 Ltd 991 % 24'/4 ... • common Oct Refrig & Storage Ltd com__* Southern Steel May 95 18 —* 32 33 — • common 8 Jan 10 pld conv 99>/2 14 * 100 Southam 22 20% * common A preferred 4%% Jan 92 Oct * * 4 3,845 50c Oct 5 35 16% 47 common a 20'2 • 5'/a com__ 10 preferred Light & Power 6% 161 al03 __b0 Power 27% Aug 375 8% 39% 21% * ; Co Ltd common a50a59% — a59% certificates tiust Simpsons & preferred 25% Oct 58 3.50 __ * • Distilleries Ltd 16 %■' 99 1 Water 4'■> ■ A—* Ltd al03 * • Co Paper Teleg & Tel cum preferred Minnesota Shawinigan .. 95 * class Maple Leaf Milling Co Ltd 14 common prelerred al2 15% Jan Mar 10 32% • Ltd 15 preferred— 1st all% Jan Apr 15c • com (Walter M) 19 % __ ... 1 Flour 24% 200 18% Mar 49 Paper 9 Va 4,348 Jan 46% 27 20 Inc * prelerred Lawrence Lawrence 500 58 50c 50c 1 Canada _* — A Interprovincial Utilities Ltd 14 common cl A — —100% * * Ltd (Can) preferred 112 » * Ltd. 15% Jan Oct 74 Va 7 95 all % 100 19 22 common Lawrence Corp 1st preferred * • class 63 • 4 54% 50c A W) 1,582 • — 14% 57% * com 12% 1,370 __ common 14% • ♦ A * Massey-Harris St clusa Corp common Paper — * A Canada 74 100 Co 5% 26'7 1 preferred Provincial Transport Quebec Power 5% 73 • Ltd • 26 % — ——— Co- Corp of Canada Proc .4'J Oct Ltd 43 Lambert or«». 25% 74 26 .... common River Jan 349 common Development Powell 10% 16% » . Tubes July 1,552 10% Internat Ocilvie 50 25% * * ; M.nes Ltd.. Mar 8 25 preferred Ltd 65 Aug 8 25% 36% July Jan 55 % • • Power Sec Class 10 Oct May Worsteds Redeemable preferred 100 Goodyear Tire & Rubber of Can Ltd—* Great Breweries pre'erred a60 77 43 Ltd Oo Products Co a60 * Jan July' »■ preferred. Paper Motor 29 19% — Montreal Telegraph Co Square Corp 550 ,10 28 locomotive National Linoleum & 35i/2 ' — Montreal Tramways : l/y Engineering Works Ltd 15 _* Oil— Breweries Class Feb 395/8 • __ Montreal 8 175 * • cjao. , — Ma^ev-Harris Witcneii * 15 27 985 24% Jan 27% Jun Belle Chibougam Mines Ltd 1 32 32 25 30% Jan 32% Jun Bob's Lake Mines Ltd 1 30 30-4 755 27 Jan 30% Oct Bonville 43 43 140 39 Jan 43 Oct Bouzan 29 29 %> 1,163 27 Jun 29 % Oct Buffalo Gold Gold Gold Mines Ltd 1 10 %c Mines Ltd 1 8%c Canadian Gold Mines 92c Sep Jun 3 % c July 7c Jan 10c 10 %C 2,000 2c Jan 28c May 9c 18,000 5c May 14c Jan 31c 32%c 2,000 15c Mar 36c Jun 7c 37- 3S The Commercial and Financial Chronicle (1470) RANGE FOR Week's Range Shares Friday Low Par Cartier-Malartic Gold Centremaque Gold Mines Ltd 1 Century Mining Corp Cheskirk Mines Consolidated Ltd Jan 7 %c Jun Arjon 11,700 53/4c Feb 23c Jun Armistice 3c Feb lie Jun Ascot Oct Ashdown Hardware class A— Consolidated 3.000 Gold 1 13 VaC 13c 14c 2,500 5c Mar 14c —1 36c 30c 37c 40,250 27c Oct. 37% Oct Atnona 7c 6c 7c 7.400 4c Feb 10c Jun Atlantic Mlnes__l 7c Shaies Low 1 45 Vic Range Since January 1 Low High High 39c 49c 82,000 21c July 58c Jun 15c 16c 7,000 9c Mar 25c Jun 2.28 2.15 2.35 475,750 50c Mar 10 16% 16:,s 16V2 .1 8%c 8c 8 Vic 2.92 2.85 2.95 1 Metals —1 MinesCadillac Central 7c for Week Pa. High 2 %c 7c Ltd — Candego Low 8.500 12 %c 13 Vac 13 Vac Sales Range of Prices Friday 4c Ltd__—1 Week's Last Sale Price STOCKS Range Since January 1 High 4c Mines Monday, October 10, 1950 13 for Week of Prices WEEK ENDED OCTOBER Sales Last Sale Price STOCKS . . MARKETS LISTED CANADIAN . Corp Mines 1 <193'(> - Oil 61. 13% 2.63 Jun 17 Jan July 17%c 11,860 1.28 Jan 3.30 7% Jan 12 Jan 30c 11,620 7c Aug Apr Jun Atlas Cons Mines Ltd Rochetce Consol Mines Ltd— Malartic East Sullivan Eldona El Gold Mines Pen-Rev Ltd- Mines Ltd Falconbridge Nickel Goldbeam Golden Mines Mines Holhnger Cons 10c 27c Sep 33c 13 % July 20% 40c 70c Jun Jun llVi 4,720 Atlas Yellowknife 1 18 Vic 17c 20c 2,200 10c 4V2c Jan 13c Mar 12c Jan 66c Mar Aubelle Lake 1.60 1.60 3,000 8.50 19,450 22c 28c 4,500 22c Sep 47c May bagamac Mines Ltd 10c Aug 20c May Bankfield Consolidated 14 Vac 14 " %c 2,000 6.(35 6.65 __ 100 July 1.30 July 4.45 4.25 Feb 2.52 8.50 Jaculet May Apr Oct Feb 6.70 Mines Ltd Ltd _ __ Lake Fortune Lake & Little Bank Mines Ltd. _ Mines Jan 48c 12,867 28c July 7 VaC July 1.14 Jun 16% 16% 14 July 5.75 5.80 500 4.00 Mar 6.50 Sep 61 Vac 70c 87.600 30c, July 1.33 550 5c 10c 1.000 9 VaC 9'/aC 5,000 alO alO 25 9.75 July 3 Va c 9 VaC 4c 3,000 Jan 4c 6c Jan Jan 60c May 20% Mar ,1 — - 14c Jun 20c May 3Pc 39c 40c 200 35c Aug 60c Feb 1 22c 16c 22c 29,000 12c July 30c 2.20 2.20 500 Mines 61c 64c 64c 5,300 2.20 Oct 40c July 86c July 66% Jan 81c Sep 17 Sep 59 59 59 240 1 73c 72c 78c 49.500 16 16% 1,325 10 Va July * 16% 51c 50c 70c Sep 5'2c 4,570 50c Oct 58c Sep 60c 56c 60c 4,000 51c July 85c Mar 2.27 2.05 2.27 8,600 95c Mar 1 35c 33c 36c 11,200 23c July 2.30 Sep Jun 99c 23c .1 • 1 • _ __ __ Ltd Ltd 500 17c 1,000 Aug 1.30 1.50 207.205 45 %c July 32c 29c 33c 117,100 29c Oct 4.60 4.55 4.60 1.40 1.43 12c 1 23c 1.50 35c 1,500 2.50 Mar 4.75 Sep 200 1.30 July 2.32 Apr 12c 1,000 9c Jan 14c Apr 55c 70c 11,700 35c Oct 93c Sep 46c 45c 48c 13,400 32c Aug 52c Sep 21c 22c 1,500 15 %c Mar 28c May 2.40 2.25 2.75 70,200 75c May 23 Vac 25 %c 9,500 23c Oct 35c Sep 2,700 2%c Jan 19e May _1 23 Vac 6%c 6c 6%c 25% 26 400 6c 25% 6c 500 18c 16c 6c 5%c ' __50 ,18c 6 Vac 9,500 8,500 18% July 6c Oct 2.75 Aug 28c July 4c Aug 14c Jan 2.48 2.53 1,300 1.70 July 2.80 6.30 6.30 100 7.80 Siscoe 6.00 Aug Gold Sullivan Torbrit Ltd Cons Ltd 56c May July 62c Jan 6c Jan 27c Jun ,14c 4,500 4.50 800 2.90 3.30 1.08 1.19 32,850 13,800 80c Feb July 7c 8c 1,000 5c Jun 55c 64c 168,350 40c July 8.50 Mineral Weatern Ashley Minerals Ltd Mines & 2.32 8c Gold Mines 2.40 Mar GOc Vilbona OH Mar 35c 14c Ltd Lead 31c 14,400 4.50 3.15 Wendell Yale 800 43c 14c Asbestos Corp Ltd Westville 40c 4.50 Mines Trebor Mines Ltd United Ltd Ltd 8.50 500 15c 16c Products Zinc Apr 38c 42c Silver Mines Ltd Ventures Oct 40c Ltd Ltd, Mines Oct 16c Mines (1944) 18c 13,500 40c 40c 44c 40,300 27%c "___ 27 Vac 33c 24,000 4%c 4c 4%c 3,500 43c u___; 43c 500 5.15 5.45 1,900 2.90 2..90 900 1.10 1.15 2,200 3.25 3.75 12,100 1.37 1.75 5.50 5.65 1.30 1.50 5c Mines,: 5c 10,000 6.50 2c Aug Feb 24'/ac May 13c Mar 3 Vac Mar 40c 4.50 3.30 Oct Oct 1.40 May 14'Ac Jan 71c Atlantic Oil Calmont IIIIIIi Leduc Producers Oils Ltd 1.39 * l ... Petroleums Ltd 15*'% 27c * ♦ Ltd— 90c 8.50 Oct 29y2c May 54c Jun 72c Jun 95 6% Feb 14 Sep 12 175 9 Va Aug 14 Jan 42% Jun 188 July Jan ' 39 10,348 38 V) 1.15 204,314 1.01 Oct 30c 30c 500 39c 26c Oct Apr Oct Oct 44c Jan 24c Feb 76c Jun 4c Jan 1 39c 41c 6,100 1 Mines 1.15 Sep 7c 5c 7c 50,900 50 Gold preferred 38 Sep 1.02 55 53 55 20 1 Kirkland Ribbon Bobjo 38 Va 1 Gold Bevcourt Bidgood Blue 39 25 1 _■ River 11c 11c 11c 2,500 9%c Aug 35c 50 1 46c 4,000 Bonville 1 10c 9c 13c 34,500 1 8 V)c 8%c 8%c 1,500 10c 10 Vac 1,500 6.65 6.65 7.00 555 7c Feb 6.50 7 Va 7% 25 5% Gold 55 16c Oct Oct Apr Boymar 1 Bralorne Brantford 2.85 American British Columbia 4%% class Traction Red 0 Oil British Class B 1.17 Feb 3.85 Oct 38,500 1.15 Sep 1.75 400 2.25 Jan 6.50 Jun 1.22 Jan 1.88 5c Oct 15 % 3,619 28c 11,100 1.90 600 1.12 1.12 15% 27c 1.90 .__ 49c 5c 1.15 6,700 103/4 Feb 163/4 27c Oct 38c 1.90 British Columbia 16 125 15% Aug 16 Aug 23 % 8,540 19% Jan 24% Jun 6c 14,100 3c Mar 16c Jun 29% 30 3,490 25% Jan 32% Jun 91 Va Jun 5c 29% pfd 10 83 Aug 100% 100 101 130 99 July * 5.00 5.00 5.25 16,870 class 14 14% 145 175 90 90 100 A : * 8 Va 8 Va 9 Oct 6 Jan 10 Sep 303) 31% 4.40 4.75 3,881 52c 50c 58c 17,400 50c Buffalo 68c 10,400 49c Aug 73c Sep 18 18% 260 15 July 19% Feb 6 July 8% Oct 9c Mar 20%c Jun 8 V2 Vi 8 Vi 205 12c lO'/ic 12c 25,000 1 1.50 1.45 1.50 600 • 28c 27c 33c 55,800 I 5 Vi 5 5 Vi 3,500 32% 30 32% 1,175 20c 22c 1,800 16 Vi 16 Vi 17 310 * 25 26 275 17 • 8 1,448 7 Lake Building Proaucia Bulldog Yellowknife Gold 1 Burlington Steel • class Co B . class A Burrard 8 29 Aug 16c Aug 55c Jun Jan 17% Apr Feb 27% Sep - Calgary & Edmonton 8'ic 2.000 14 Vi 14% 50 12 % July 16% 163,4 50 16 % 8-20 8.15 8.25 910 Calmont Oils 6c 5V)c 6c 12,000 4c 1.07 1.04 1.15 26,510 39c 16c * 14*2 Apr Oct 17 Feb 8.90 Jun July 9c May July May 1.45 Sep Aug 6.50 July —* Canada Cement, .. common 31c 15,000 36c Sep 4.70 5.00 1,000 3.85 July 6,10 Jun 2.27 2.15 2.27 1.310 2.00 3.25 Jan • Campbell Red Lake 28c 4.95 1 Ltd 28 Vic * Oils Petroleums 46 Vi 46 46% 1,550 34 Jan 47 Oct 29 Va 293) 155 29 May 30 Jan 20 Machinery 7 50 50 Va * 10% * Sep 100 Va 100 47 Jan 11 125 7 July 7 7 0 Power 8c May 8% Aug 6%c July 14 Vi • Callinan Flin Flon 36 Jun 16 3 4 8c Apr Jun IIV2C May 14% 1 preferred Calvan Jan ___• common— 2.23 37c July 8c * Linen Calnorth 1.00 4%c Mar 1 * Calder Bousquet Caldwell Sep 65c 1 & Jun 70c 66c • ____ Red Jun 5% Oct 18 V) Gold B 32Va Jan 0 A Buffalo Canadian 2nd 2% Ankerlto Class Buffwdison Burns 27 % July Sep 1 class Mills 10% 5% Mar 7 Jan 52 Jun 12% class A Jan 39 39 39 170 33% May 39% 30% Packers 30 30% 250 19 Jan 30% Sep 47% 47% 47 Va 85 45 July 48 0 Sep 24 24 140 14 Jan 43 44 393 33% Jan 44 Oct 105 - 18 % Sep 20 Aug 80 Jan 103 Oct Oct • Feb Oct Class B Canada Permanent Canada Lines SS Sep Sep * common Class __ 44 50 Vaimish preferred & Cable 25 class A !, B Canadian Breweries Oct Canadian Canners — * 54 * ___•. Jan 19 • —___ Canadian Bakeries Canadian 2,075 18c Jan 59c 67c 67c 500 64c Sep 69c 90c 90c 500 20 Preferred Canada Jun 30,000 400 Mortgage 1.50 58c 1.65 Mar 4.20 Mar 41c Feb 2.21 8.25 Jun Sep 1.16 May Bank — 25 19 19'/a 108 108 10 53 54 180 30V) Jan 54 12 12 115 6. July 12 26% 27 965 Oct Sep Canadian of Commerce Oct 27% Jun 21 20% 21% 3,550 193/) Sep 23% Feb 21% 20% 22% 6,888 17% Aug 22% Oct • 21% 20 V2 22 % 4,308 18 Vs July 223) Oct common • 14 14% 720 10 July 14% Sep __ 20 Celanese 16% 16% 17 475 14 Apr 17% Oct * common... Preferred Exchange Jan * common Class A Canadian 25 • Car 44 43% 44 540 29 Feb 45% Sep 38% 38% 55 37 Jun 40 300 22 Aug 27% Apr 3.00 July 6.00 Jan —25 Dredge Food Canadian 26% 10 preferred Convertible Canadian Toronto Stock 143/4 4.65 1.03 July 1.90 - July Aug 8.15 — 11 313s 480 Sep 5% * A 103 Ja:t ♦ Power class * 2.75 * Bruck Jan 15% B Class 3.05 40c — May British Empire Oil Broulan Porcupine Oct 1.90 __ Jan 8 Oct 8,600 10 _* —_—_______ Canada Sep 25c Aug 22% Products Packers Canada Northern Sep Aug Aug 8c 100 Elec 4% Columbia Jun 1.37 May May 23 common. Forest 6.35 3.00 25c 23c 15% preferred British Columbia Feb Sep Apr Jan Sep 5%c * Pwr Preferred Feb 64c Aug 2c 7c com_* A_- Light & Lake Sep 8.10 « 45c 1 Roofing Brazilian Brewis Jun 52c 1 * Cordage class B 9c 8.15 — Mines Brantford Canada Malting 3.85 45c * Bordulac 50c 1 Picadilly Petroleum-Ltd 13% 12 85 1.13 Telephone Rights Sep !• Pacmc Petroleums Ltd Pan Western Oils Ltd Oils Bell Berens Canada Wire .* Ltd National Petroleum Corp Ltd New British Dominion Oil- Superior 1.45 ___50 • Long Island Petroleums Redwater ; 3.25 Petroleums Oils ? 1 _. Home Oil Co Ltd__. Okalta 12% l* ■ • Ltd Gaspe Oil Ventures Ltd Grease Creek 5.15 * _ Del Federated • Ltd Central Rio B Canada Ltd Co Oils 24% Jan Stocks— Anglo-Canadian Oil Co A Bros Buffalo 6c Sigma Ltd Oct Oct 26 Sherrltt-Gordon Mines Ltd Mines Oct Oct 62c Regcourt Gold Mines Ltd (Quebec) Sep 3 7 VaC Mar 1 Ltd. class British 1 _ Royran Gold Fields Ltd Santiago Mines Ltd 19c July 10c 70c 1 Co 23c 17c 1 - _ Ltd Devel Mines May 1 Mines— Iron 730 27% Bonetal Gold 3.05 Mar 51 _5 Quebec Manltou Mines Ltd ..._1 Quebec Smelting & Ref Ltd 1 Quebec Yellowknife Gold Mines Ltd__l Quemont Mining Corp Ltd • Steep Rock 38 30% 293) 42 Mar 1 . Corp 3%c Jan 14 7 Vac May _* __a .... Mining Power Class Beatty • __1 Oils & Mines Sep 35 % O! Jun 1 .. Mines Bathurst Oct 32 V2c Ltd Mines.. Gold Oct 63c CO 0 10 __lo Jun July Porcupine Prime Mines Ltd Quebec Chibougamau Goldfields... Stadacona 94c Mar 13% 2c 43 Vac 1 Ltd Mines Ltd._- Standard Aug 20c _• 1,000 18c ... Ltd. Labrador 50c 40,800 37% 4c 37c _ New Goldvue Mines Ltd Quebec 13,800 50c ____* 4c 80.000 Formaque Mines, Ltd--. Gold 6,500 94c 45c * 1 Ltd- New Orenada 1.10 80c 50c • 1 Mines Gold 1.08 85c 1 Metals _1 Dredging Ltd O'Brien 1.10 Barnat Barymin Co Ltd__ 66c Mines Ltd.. Mines Mining Jun Sep 92.100 Ltd Ltd Calumet Normetal Jun 42*% Sep 1 Nechi Nocana 43 21c Feb 30c 1 Montauban Coal Jan Jan 11 Va 1 New Norseman 30% 38% 38% July 1.14 Mining Corp of Canada Lt4 Pacific Feb 2i»0 200 10% Scotia Nova Toronto-, 845 43 42 Va of 8.50 Oct ll%c May Va of Bank 10c 38c 42% Bank Oct 76c Mining Corp Ltd New 10 Oct 21 VaC .. Mclntyre-Porcupine New Montreal of Jun 6.45 8 VaC 825 Oct 7 Apr 7% Mar July 6%C 29c ... Co Mines (1945) Goldfields Cons 5c Feb 1.08 Mines Ltd._ Island 1.766 2.55 Mar Ltd Macdonald Mines Ltd Merrill 6c 2%C Aug 43 Vac Mines.. Long Lac Gold Macassa 6c 12,700 1 Lingside Gold Mines Ltd Louvicourt 6c 12,800 ' Shore 1 3.80 July 14,000 .1 Ltd Expior Mines Gold Rowan Lake 14c 6.45 3,000 May Sep 1 ___ Mines Gold Gold 67,500 3%c 18c 2.75 July 150 38c 8 VaC 10% 2,366 7 33c 6c 15c 3.10 7 35c 5.60 10% 5,500 210,450 0 3%C 18c 9c 42c 73/4 1 5.95 1 __ (Uni _ Mining Dulama A — 3 VaC ~1 ___ Mining Labrador class 8 Vac 5c C 30c 3.00 1 Fabrics 5 Ltd Mines Gold Ltd Kerr-Addison La Gold Aunor Auto 1 1 _ Joliet-Quebec Mines Ltd Kavrand 37 Vic 1 Gold Mines 9d 1 7.55 1 - Mines. Mines —1 28c 1,500 Base Jack Mines Aumaque 8.50 60c Aug Jan 1 Ltd Hudson-Rand 135 July 11% 60c 1 — Mines Ltd. Manltou Goldora 3,750 15c 11% 1 Ltd Ltd Mines 18c 16c 10,000 * 60c 1 Ltd Mines 21c 15:%c 15% c * Mines East 21c 18c 1 Dome Mines Ltd Donalda 21c 1 Oro Lebel Steels Preferred -- 26 V) " Products common.-...' — 100 ; Canadian General Canadian Locomotive Canadian Oils Electric.. ■ __ 50 -- * 28V) 26 26 % 3.60 3.60 110 59 59 10 56 July Jun 75% May 290 290 5 250 Jan 290 Oct 27 28% 260 22 30 May Canadian Fnnds Friday Sales Last Range for Week Sale Price STOCKS Week's of Prices Shares Par Abltlbl «1 Power Si Paper 44% 41 45 8,220 21V) Jan 45 25 24% 25 6,635 22 Va Jan 25 100 103 102% 103 60 100V2 1 preferred 40c 40c 42c 6,500 Apr July 9% 914 gx/2 1,005 1.25 l.*>0 l.*?5 11.041 46c 47c Acadia-Uranium Yel'ow Knife __. Pacific Cons Aluminium American * Ltd Co Amalgamated 24;,/4 23 y4 21c 8V2 Jun Canada pfd : Wirebound 523/4 Feb 90 Jan 27 Aug Oct Castle-Trethewey 25c 26c 2,950 15c 60c 60c 3,000 43c July July 49c May 65c Jan 8c 10,600 6c Aug 2.00 2.15 35,200 44C Jan 5.00 Jun 5.15 5.35 8,410 3.80 Mar 6.30 Jun Anglo 1 __ Res __ Area Area8 Porcupine 9.75 22c 23c 4C 21c 21c 19c • common 22 %c 1 Mines Corp 9.50 1 a'1) 8% ' Warrants __ ""or footnotes see 21% 5.847 16 V) Mar 223/g Sep 38 90 31 41 Jun 101 % 101 % 12% 12% 10 101 Aug 103 % Jun 950 11% Aug 14' Aug 12% 13 350 12% Oct 14 jun 25 21 37% Jan 18 Va Apr Aug Sep • 123) * 12% 1,220 9.50 Aug 14V2c May Central class 0 Leduc A 29 1 : -_ 1.99 1 •. Loan.. 100 Oil — 3.25 • 29 31% 355 1.25 1.35 2,800 1.99 205 2.15 1,900 206 10 3.20 3.85 79,325 Central Patricia Gold Mines 1 79 %c 71c 82c 23,225 Central 1 22c 21c 23c 20,500 14c 37,000 Porcupine Ontremaque,Gold Steel'common 12c 1 Chatco 0 Preferred _ __ 10 — 12c 11% 11% 7 7 Apr 31% Oct Aug 1.45 Feb 1.80 July 2.60 Feb 1.00 205 1.00 52c Oct Feb July 13 %c July 6c Feb 100 10 % Aug 250 6% Sep 203 3.85 1.08 27c July Oct Jan Jun 24c Jun 14% Jan 7 % Mav page 41. 3C 4C • 6,000 17c Aug IIV4, Apr 32V2c 12,500 3V2c Mar 25c 13,000 12c Jan 22c 24,400 10c July 9 2,050 7 July 9 2c Aug 45c 3C 100 Jun 50c 1.02 98c 1.05 13,385 Cheskirk Mines 1 .14c 12%c 14c 196,400 4c Jun Chesterville Mines Consolidated 100 : Gold Central Canada 150 9.50 104 Sep 26 24 V2 2.15 Aquarius Vickers Cariboo 5.25 Apex Utilities preferred " .... Canadian Jan 1,455 * __25 Canadian Corp Jun • Rouyn Railway Tire 1.75 May • Lead Pacific Canadian 60c Anglo-Canadian Oil Anglo-Huronian Anacon Canadian Wallpaper class B 13% 89'!) 7c 154 Oct 150 100% 21% 37% • common Canadian 3,326 26l/2 7c Mav 100 150 100 Cos Canadian 24:14 86 V4 __ 150 17% .—100 preferred Aug Jan 26 V4 1 10 75 17 preferred Aug 93/4 Mar 89-% * Yellowknife 65c 23c 26 % __ 15 150 100 100% 17 8% Aug 105 V2 July •"lc 25 1° Oct 1,000 • of Larder Nepheline American 1 1 Algoma Steel Aluminum High * Acadia-Atlantic Alberta Low • Agnew-Surpass Akaitcho High 2,200 July July 5% Range Since January 1 20 common preferred % 50 Low — 1 66c 66c 73c 8.300 55c July 18%c 24%C 6.500 11 %c Feb 40c 10c July 18Vac Sep 85c Jun Chemical Research Mines 8 Vic May 68c Jun 23V4c May Oct Mar f Chimo Gold Citra-Lartic Ltd Cobalt Lode p. Mines 24%c 1 • Silver July 1.37 Feb 14c Oct 1.78 Jan ■ 1 J. Mines Coastal Oils 45c 1 — * — 70c 13c 15c 8,625 75c 75c 3,040 70c 78c 26,400 36 %c Mar 64c July Jun 1.05 Aug Number 4951 .Volume 172 . . . (1971) The Commercial and Financial Chronicle LISTED MARKETS CANADIAN RANGE FOR WEEK ENDED Week's for week Shares Low 1.53 1.60 2,000 2.35 Apr Gypsum 16 16 16 75 14 Jan 16 Aug Hahn 25 % 25 % 75 24% Mar 26 July Halcrow 18% 19% 3,420 13% July 19% 3%c 4%c 10.600 3c July 1.50 1.50 400 51c May 1.50 Sep Hamilton 2.05 2.05 1.15 Feb 2.25 Sep Hard 6% Jan 19-8 4%c —* Plow 1 Yellowknife Colomac —* Commoil Petroleum Commonwealth Conduits * — National 300 2,200 67c 70c 7,181 ll%c 10c 12c 43,366 7%c 10 % c 13c 10,100 7c Aug 9 9 230 7 40c 1 .1 —__ Bakeries * __ Jan July 74c May 6c 3,500 4c Feb 10c May 1 55c 56c 3,533 45c July Consolidated Howey 1 45c 45c 580 35c July 49c 56c 7,350 49c 46C 1.05 May 65c Apr Lebel 1 Oro Consolidated Mining Consolidated Press Consolidated 5 Smelting & 1.560 119 120 . A 6% 90 18C 1,000 170 308 18c 1 169 170 _lUv Consumers Gas 120 6% Rochette class 8c 34,125 15c 13c 14c ;; 27c May 91% Mar * Class B _— Imperial Mills Cosmos Cournor Mining 10'/4 11% 11% 11 11% 11 5c Mar 14% May Gold 1 35c 35c 35c 512 25c July 47c Feb Mascot Sep Sep 39c 42c 3,950 22c July 48c 92c 90c 92c I,700 58c Mar 93c Sep Flehridge Mining Highwood Sarcee • 4%c 4 %c 4.000 4c July 10c Jan 13c 13 %c 5.000 6%c Mar 16% Pershing Crown Crow's Nest Coal . - 177 May 2.08 Aug 12% Apr 17% Jan 16 14c 1,000 8%c July 25c Jan 14c 1,000 11c 25c May Aug Gold Hocco Huron Erie & Delhi (Temagami) Delnite Jun Lake 67c Acceptance Oct Distillers May 12 %c 13%c 2,6C0 7c Mar 26c 40,000 10c Apr 31c Apr 3,500 19c July 42c Jan 20 685 100 17c 18c 9,000 10c 35c 31 %c 37c 69,200 30c Sep (John) & International Co__ class Metals Jack Waite May 28c Mar 58c May Jupiter 19% July 27% 13 July 20% Jan Kayrand Aug 28% Oct Kelore 38 '% 100% 38% 25% 100% 100% 70 11% 250 6,280 10% & Chemical common..' 12 11% Apr Oct 1.75 Quebec Oils 38% Jan Oct 102 Sep Ke.vb'oycon 16% July 26% 11% Oct 2,925 32 Feb Kroy 12% Oct 10 July 7% July Jan 11% 7% Sep 11 5c July 9%c Jan Lake Fleet 4,100 4c Feb 11c Jun Lake Osu 22c 24c II,500 Oct 31c Jun Lake Rowan 23c 1.57 8.45 5 30c 73c July 20 %c 1.22 Julv May Labrador 2.65 Aur Lake 8.55 Oct Lake 6% 61,327 5% 350 54 25 45% Feb 57 Sep La 19% 900 15% Feb 19% Oct Cos Fraser Feb 3.jU July Garrison General Steel Luz Yellowknife Gillies Lake 17c 44,915 7c 6c 8% <5 18,300 10 110 23 %c May 5c 10 , 40c 40c 46c 7.35 7.50 24,976 16 32 15% 16 1,445 32 33 32c 6,712 6,60 615 Lake God's Gold Arrow Golden Larder Mines 16% 13% July July 31 Sep 5.60 57% 57 8%c Great Gunnar Gold Aug 80c Mar 1.13 1.05 1.20 19,535 80c 95c 7,700 90c 965 18 Oct 5.90 3,875 30c July 1 1.15 1.03 1.15 33,500 65c July • 5c 5c 5c 4,000 3c Jan 14c 1 28c 20c 29c 59,350 17c Oct 85c Jun 1 12%c 9 %c 16 %C 99,017 5Vac Feb 21c May Ltd 3 * _1 1.16 1.07 • 40c — — 3%c 3 %c 900 3%c 4c 3,300 Secord Laura 3c 2%c 3c 6,000 15 14% 15 770 Little class Jones & B 10% 10% 1.01 1.25 37,400 1.04 1.07 3,900 %c 9,200 July 62c 33 625 30 July 34% May 30 Mar 33 Va Oct 23c — Gold Lac Long —. 38 %c 40 . 25 Jan 6.10 Sep London Hosiery class A * 9% 9% 75 1 23c 16c 23c 169,000 —.* 15% Feb Oct 12% Lvnx 8%c Mar 57 Aug Oct 16c Aug (Walter M1 —• 2.85 Mines Mines MacDonald Red Macfie Lake— 25 % Sep 38 Oct Macho 10 98 Jan 102 Oct MacLeod-Cockshutt 2.95 8,950 3.20 May River MacMillan Class 1.50 1.63 22,600 1.50 1.85 12,200 1.20 17 17% 1,920 150 100 110% 110% 10 110 2.10 100 Madsen Red Jun Magnet Consol 19% 2.10 15% July Apr Lake Gold Malartic July Jun Manitoba & 3.00 Feb Maple Jun 6.70 6.25 300 4.95 July 6.00 575 4.75 "July 36 36% 250 29 % Feb 39 Sep 19 % 19% 170 17 July 20 105 7.00 104 20 105 105 6.85 7.00 3,431 Mar 106 May 9.20 May 6.00 Mar 5c Sep 6.35 Aug 11c Jun 33c 18 %c 12c 4'%c 5.90 4%c 8%c 96 52% • 1 * — He 27% 47 23 * •—-* , ,, H ——— 11 1 ■' 2C 9c Feb Sen 11 Sep Jan 1.30 Jun 1.00 July 1.34 Feb Feb 10 74c 31c 32c 34c Aug 27c 1,000 25,000 4c 4%c 6.25 July 17c 18 %c 12c 14,500 July redemption Sep 16'% 13'%c Jan 43c 3%c 151,475 8,506 65c 12,500 38c July 85c May % c 10c 56,300 5c Jan 10c May 10c 13c 15,700 8c Sep 23c Jun 8 9,950 1.60 July 4.10 Apr 1,360 9% Jan 14% Sep 13% 14 .2,050 7% Jan 14'/a Sep 2.15 2.05 2.15 7,125 1.90 July 3.20 Apr 24c 25c 7.000 July 60c Feb 1 2.26 2.38 10,530 3.75 Apr 2%c 3c 14,125 2.35 20c 1.80 July 2c 3%c May Sep 10% 10 445 8% July 5%c 5%c 1,000 3'%c Aug 8 %c Mar 13c 13c 5,600 10c Sep 32c Jun 12c 13c 13,400 10%c July 31c May 4c 4%c 1,000 3%c Mar 14c Jun 39% 35% 40 % 16,135 21% 40'% 35 13c 13c 4%C 6%C 4c 11,500 9c 259,900 class McColl-Frontenac * 100 common % 9c 3%c Mar McLellan Gold 96 230 83 July 96 Oct McMarmac Red 50 52 Oct 54 Sep McWatters 8% Lake Gold 9%c 6,000 10% Feb 35c Sep Jun 27% 14% Jan 27% Oct 10 40 Jan 47 Sep 260 19 % Aug 26 Feb Model 5»% 5% 75 5 9% 34 11 11 4.90 4.90 200 10c 59,200 9c 13 Vic 14 %C 16c — 7c 26,500 5,434 4 % fc'7c • 13c 13 Jun Jan « Sep 1 Jan July • > ' •' 4.BO 43c 20c 24c 18 % 9,165 Aug 4%c 4 %c 12c 8c 12c 8c 4.75 4.25 2.50 5c • 1 Modern Tool Works Moneta Porcupine Oct Montreal Moore May Preferred May Mylamaque common 16% 52c, 7% Mines 67 Jan 60c Jan 59 380 50 July 2,500 37c July 4,000 3%c Jan 13'%c May 12c 4,000 8c Feb 167/sC Jun 9c 6,000 8c Feb 14% Jun 4.75 535 Jun 6.00 2.65 1,100 1.45 July 2.90 5c 5,000 3c 1.55 925 16 16% 6,445 10 52c 60 %C 4,100 31c Feb 3 Feb 26c July 7% 350 2,100 7% 20% 1,620 • 83 % 80% 83'% 515 27% 27% 27% 25 21c 26c 228,293 1 Oct Jun Jun 4 %c 58 30c 30 Vac ———1 * Va 30c 41c 43 %C 2& Locomotive Corp —* Jan 1.50 5c • Oils Feb 18 23c 59 • Sep 100 10c " » Oct 9% July 97 97 8'% . 12% July 135 500 Corp Mining 23 7 %c 17% 99 Brick Milton 47 23 6% July Light & Power common Mid-Continent Oil 47 July July 23c * Mills Mercury 25% 6,211 Aug 8 % Apr 52% 11c 13 %c 6% 100 % 1 Lake 96 8% Aug 300 23c * 5 Segur 52% 275 350 9 . Oct Oct 39 July 27 39 8 % 9 1 Mclntyre Porcupine Red 18 99 Jan 8 % 8% 9 1 McDougall Oct ll%c May Sep * A Preferred Jun McKenzie 4'4 c • * Jun 6.40 Oct 10 V« 5%c Nov 9 at $30.34 on 10c Sep May 3.25 Mar 1.80 July 2.20 1 Ltd l7%c 2.10 July Jun 13% share) Grain Sep 31c 2.40 _1 1 . — Massey-Harris common Conv redeemable pref (Called for per Sep Mar 12c 33% Gold Martin-McNeely Maxwell Sep 9'/a 7% July 60c Apr 27 %c May 4%c Mar 14,000 5.40 43c July 15c 12,100 16c 12c Feb 14% • —1 — Malartic Mines Ltd Marbenor Marcus McCabe 18 %c 18 %c Jan 17 2.26 * Leaf Milling Mines Mexican 1 • .____* —* IC 7c 14' 13% 1 Eastern 8% • 50 2'%c Sep Mar 6.25 __ 19% May 2.15 Apr 111% 6.00 __ Jun 7c 13% 1 Mines Goldfields 110 10c 2.30 1 1 • * ___ July 2.00 Mines Export class A 1.68 Aug July 106% 107% Gold B 2.22 Sep 1.70 5c Sep May 60 1.89 July 2.20 62c 10c — 38 2,70 Jan %C Aug 3c 2 15 15 % 15% 18c 1 1 ———1 Yellowknife 101% 101% 38 „— Goldfields Louvicourt Lowney Sep 58 A__. B Oct 1.80 Jun class Groceterias Loblaw Jun /J 2 Jan 7C Jan Apr 7.75 19'% 2.05 30 Jun 2.40 Aug 9,042 35 85c Aug 5.75 3.100 - Aug 5.00 5.50 4,168 July 1.42 13'% 285 57 40c 25 12,430 1.00 Jan 1,275 33 24 14(4 9'/a July 5.55 16c 2,100 Jun 14% 31% 1.50 Jan 1.34 5.50 32% 1.40 July 14% 12 %c 8 Jun 23,300 32% 31% 10 Jan Sep 1.32 70c 14%c 50 Sep 6.15 60c 1 200 3.85 70c !_—* * 12 Jan 20 5.75 Gold Mines Ltd— 11 1,44 Oct 18 % 95c July 90c 18% Class ________» —1 1 1 -1 35c Lomega Oct Jun 41. 3,000 Apr Jun For footnotes see page 60c 57c Oct 4c —— Sep 57c 8c 15% 128 70c Guayana Mines Gulf Lead Mines 36c Jan Aug — Aug Aug Mar West/Saddlery Greening Wire 7c July 2c ____ 92,800 4c 57c , 2,493 %c 25 %c 23 9 12,450 class A 16% 110 8c Sep 20% Mar 24%c 20 58 18c 13% July 20c 1,500 57 Aug 4%c Mar Sep 16% 3,385 54% 20% 16 126 10 1.50 May 12 %c May 17c 4%c 14% 35c Jan Feb 17'/2 20c 125 14 % 13,500 Bousquet Great Lakes Paper common Class A preferred _____ Great West Coal Great West Felt common 93,500 17% 4c 6c Sep 37% May 7c Graham 18 440 * Lawson 2%c _— Mackay 3,000 90c 18% Leduc-West 62c 62 %c Goodyear Tire common Preferred Gordon 118,000 10c Oct 85c 1 Mines "U" Oct 2%c Goldhawk Porcupine Goldora 30c 9c >r._ Apr 7.50 6 %C _____ 22c Mines 76c July 4.05 Mar 7c _____ Manitou Golden 80c • * 1 1 Apr 27«c 62%c Gold— Aug 1.14 Mar 1 1 Mines Eagle Mines 57c 4%c 1 1 • __• 100 1 — Goldale 17,300 Gold 12c 10.000 — 79c 500 11% July 9% July ——1 __— Oil Globe 76c 1.65 July Gold Glenora 77c 1.64 14c 107% 110% Gold Mines! July 1.65 17c 7%c;. 1.60 1.85 17% Preferred Giant 35c * Lapaska ____* * 0 Wares common. 368,932 1,392 May • A 1.14 17,200 May —* — ———* 100 (ordinary) 1.07 75 %c 10 47c • —" _______—_______ May 70c 74c * Petroleum Class'A Jun 17c 65c July • General Products Mfg class 62c 1 Maralgo General 21c Jan Aug 9.75 July 20 common Aug 7c 67c 21c 100 100 Power 13c 20c 9.80 33c 10% preferred 5 %'<• preferred General Bakeries Jan 500 1 30,400 * 1 5% Sep May 8,320 I 25.112 14% Oils Ltd Gat.ineau Sep 13% 12c 80,000 Mines 28c 100 —1 ._—V Oils Ltd Garnet Jan 11c Mining Shore Wasa 58c Exploration Frobisher 39% Apr 8% 4%c Mar 15c (1945) 23c common —_ 29 3% Jun May Gold 55c common.— common 104 47c Mines__ Mines 58c 25c Candy Shops.— Preferred 104 % Jan Oct 40% Jan 26 * —* Lang & Sons Lapa Cadillac * Gold Feb 101% 100 5.65 Gold Lamaque 19 .4.40 Macassa Francoeur 5 Mines 7,725 8.55 5 54 Nickel _____^ 20 Jan 1.58 7.40 19% 1 B 180 Apr 1.53 54 Manufacturing Class 1,070 V 8c Mining & Exploration— Laduiama 1 1 Ford Motor class A___ Jun * Ltd Fortune 8%C — Fasteners preferred Flash 100 ___1 Dufault Lake 7%c Insurance——..25 Products Fibre Oct Aug 50c Aug Mines 150 8,000 25 ___—; 104 100 1 Lake Oils Ltd (John) % 20 Petroleum Federated 30c Jun 9% 15 Jan 15c Kirkland-Hudson Kirkland 22% May 700 ,445 9 9 1 1 * —•——— Mar 1 Labatt Sep —l Kirkland 40 Oct 10 5 %c — Grain Sep 44c Ltd Mines 5%c _. Preferred Federal 40 % 103 __* Kerr-Addison Sep Aug 7% July Leitch Federal 29 10c —„——— 60c Mines Fanny Farmer Jan 7%c May 4-1 Gold Kenville 13% 100 5%c Players Famous Jun 27 Feb 1 ._ Canada— of 0 1 1 Falconbridge 7'/a Sep Jun 3c 2,200 • -1 —• Life 6% 25 38c 38% 1 Mining 100 Corp Eureka Oct Mar _1 _• , Ltd Mines 81,900 Gold Equitable common Mines 8 A —— Co Ltd 65c • Pen-Rey 15 37c. . 103 —._1 8 Mines Sol Aug 12% 9% 40% Mining Mines 53c Leduc El 38c 100 Joburke Gold 8 —* Gold Mines El I 26 12% 26 * common.... 26% I,939 38 Tar — 297/a Oct Dominion Gold Jan 7 15c 1.90 15,500 11'% Eldona 21 Oct 18,125 26% Elder Jun 120 1 37c 38c 11 Investment Sep 32% 250 12,895 27% 25 Eddy Paper class A 125'/a 9 10,500 36c 11% Economic Sep Feb Jan 14 II,795 24% 26% Steel Sep 30% 9 38 9c * Sullivan Aug 122 14 6 %c 37c 26% 25 Eastern 9 13% Joliet Stores East 100 37 14c • East Malartic Mines 35 %c Feb Dominion East 35 35 360 12% 6c red sinking fund preferred-100 East Crest Oil 1,000 6c 32,100 Dominion Magnesium 1 185 3%c 37% 9 %c Dominion Foundry & Steel common___* class 7% 25% 3%c 13% Kelvinator Mudge 7% 25% • 7c 715 Mines 1,325 • 1.20 Aug 2,040 & 13% • Feb 16 Dohnell 12% 7% .—100 Nickel 40c 28 % Donalda 8,555 25% A Gold 1,500 28 Duvay 29"% International 1 — 29% Jacknlfe 162,100 2 Woollens 405 International Petroleum 1.75 15% Dominion 20 32% Jan 24 %c Jun 1.35 16 Textile 125 32 Aug 6% July 1.33 28 % Dominion 125 .1 Milling preferred _1 Coal class B 23c ___* ._ Preferred 1.35 • & Sep Jan 57 13c * Ingersoll Machine class A 1.38 1 10 J>ominlon Steel 41% Mar 9,500 9 Jan Bank 4%% 2,665 24 Jun 8% Seagrams 12,200 20c 19c Jun 24c 22c 24 %c Dome Mines Ltd Dominion 15 %c 5%c 53% • common Inspiration Mining 21% — 5c 5c 52% __l ; 56 17c Yellowknife 16%c Jun 19c 25 preferred Apr 22c 1 Minerals Discovery Mar 5%c £1 Preferred 4% Indian Jaculet Detta 4c 53% 13% 47 8% Ltd Producers 7,600 Imperial Tobacco of Canada ordinary. 5 Oil 25 21% Mines Rio Del 6%c * Imperial 56 Ltd__l Mines Gold Sep 6c 32% 29% Inglis 21% 8 %: Ltd Oils Decalta 167/s 6%c 10 Apr 21c • 12 % July 100 common Bank 123 23c __* A B 1,926 1 Aug July • Leather class Class 15% Jan 1 International Davis Sep 15 10 • Mines Bay Mining & Smelting 115 13%c .—* 11% 1 Yellowknife 48 1 Petroleum Davies Oct 8.50 July • Oil 5,100 1 D'Aragon Mines 35c 22 2,368 Home 39c 36c 210 11 22 10% Daush & Apr 12 Jan 14c 56 _100 Patricia Crowshore 39c 119% Jun 22 % 13c l Hinde 119 119% 1 100 ________—. Trust 15c 21% 15 Va » ?• Hollinger Coii sol Industrial Croinor Jan 39c Jan 16 ——.——1 ____ ' July 1 Hudson 14% , 26c 1 Hugh-Pam Porcupine 300 ■ Highland-Bell Sep 14c 14c 1 30c Jun 120 July Jun 8% July Jun 8% 63'/ac 415 12,500 7 8 18,200 8c 30c 105 * __ Mines Crestaurum 11% * Distillery class A (Hi Corby Jan Anr 10 Oct 1.01 July 4.40 15% 3.25 32c July 18,528 4,380 4%c May Sep 10'% July 590 30c 160% 2.00 l'/ac Mar 100 13 % 9% 5 1.86 3.25 12% May 7%c 1 18c 1.95 ♦ Exploration 1 Mines Gold Imperial Conwest 500 3.25 13 Feb 7c Oct; 10 Homer Consolidated 2c 3.25 3%c 8c Hedley 9% ■5,000 I Apr May 24 5c Oct 23 14'% July * Hasaga 34c 16% July 25 2c ___1 Harding Carpets Jun 16c 1,970 19 —1 Gold High 23 19 4%c Bridge Rock Low 21% 19 1 Mines Range Since January 1 High 23 . * Gold Hallnor 1.15 July 5 V4 c 2 Cadillac Halliwell Harricana 1 Cent Shares Low —ll* common Swayze Apr Consolidated Duquesne Consolidated Beattle Mines__. Consolidated Lime & Alabastine Brass 1.50 1.20 Aug 65c May 9% July July 69 %c Oct 7c Sep 12c • Consolidated Astoria Consolidated 9 1.40 — Consolidated Ansley 300 8% — —5 Coniaurum Mines 1.30 July 1.30 —1 Mines Coniagas ior Week Par High 1.53 25 Preferred Cockshutt Low High * class A Dunlop Sales Range r.f Prices STOCKS Range Since January 1 1 Cocbenour Willans Week's Last Sale Price Sales Range of Prices Par Cochrane OCTOBER 13 Friday Friday Sale Price STOCKS 39 20 % 24c 19% 3.00 1.10 Sep 9c Jun Jan 2.25 Jun .Jun 17'% July 72 Apr Jan July 17 66c 7'/a Sep May Oct, 41c Apr 22% Apr 84 Sep 26% Jan 27% Mar 6c Feb 26c Oct 40 RANGE Week's Range Low Pa National Breweries common National Drug Preferred National 23% _ 13 —----- Grocers Class Neilson .% /lug 10% Mar 9 % Mar 13 Oct 121/2 400 10% Apr 121/2 Oct 28% 400 27% Mar 28% 211/2 May 24 Oct 19 27 Oct 24% 27 662 2.20 2.35 32,150 26 25% 26 565 19 % July 26% Mar 30 Jun 78c July 29% 29% 1.01 1.00 1.05 11,200 — 103 104 25 7%c Be 2,332 —10 preferred July Mar 24c 315 1 — Miller Silver Silverwood Class 8c Alger 101'% Jan 3.10 Aug 1.84 Apr Jun 105 Sep 3c Feb 8,632 85c July 2.03 2.28 51,600 95c Mar 1.15 Mines 1.05 1.15 27 550 60r Jun 4,500 19c Sep 5,500 12c Sep 15c Oct 24c 1,066 21c Oct 51c 21c — 25c 21 %c 2.27 2.24 2.40 (Jc 6%c Laguerre Mines Mines — ■ Go-d-i Marlon — • A_ 10% 640 7% 7% 60 32 % • 31 % 32% 675 281/4 29 »/2 1,270 23% July 99% 100% 426 100 Mosher Long ?w_ 25C 20c 35.40U 9,965 ■ Sep 43c 6,000 5c Apr July 1.22 May 50c May 25 %c Sep 3.70 May Jun 11c Norzone 12,700 . 6c July 16%c Aug Jun 4%c 5,000 3c July 7c 14c 20c 274,150 10c July 33c Apr 6%c 5%c 8'/2C 126,050 3c Jan 10c May 3%c Mine Norseman New 13c 19 %c Newnorth Gold New 12c 12c Mines— nac — — Si 6 CO« — _ UOiO Sladen 3%c 8%c Oils Pacalta New Rouyn Merger New — 10c 9,000 9c 15,060 10,500 July 7c Feb 4c 7c July 12c Apr May Jan 12c May 25c 33c 48,800 25c Oct 79c Apr 1.10 1.10 1.10 200 90c July Mines Ltd 39c 36c 40c 78,100 35c Oct 72% 741/4 1,800 8c 8c 720 3c 5%C 161,775 2%c Oct 5%c 30 %c 39 %c 27,600 30%c Oct 77c Nicholson Nisto 30c 73% Mines Noranda Nordon 4c ,4%c Mints Nipissing Corp _• Preferred South Mines Normetal Norpick 4%C <■' 2,500'- 2%c Oct 40c July 74% July 19c 63 8c Jun 1.24 Oct North Derusoii North Inca Standard * Star Oil Preferred Nubar 20 48 % 4,0dj 10c 35c 8tedman Steel July 38c 43c 11,230 9% 100 94 95 25 14% 14% 730 28% 28% 50 4.60 4.60 100 53 %c 67c 13,100 • • Bros Co Canada of €0c 1 17-/4 17% 29 890 28 28 28% 4.45 4.00 4.55 124 124 Mine* Iron 1 - - Sullivan Cons Superior Oils Surf Gold Taku 2.95 3.25 O'Learv _ 3.15 Pearson Taylor 5,500 6y«c Feb 37c May 9c lie 2,500 6%c July 18%c Jun 8c 6c 8c 28,700 4%c July 9% 9% 300 5% 5% 5% 225 33c 33c 37c 23,331 24c 15c 39c Orenada 139,800 1.45 4",850 14c 20c 32,200 1.88 1.92 6,000 18c Lake 17c 18 %c 6,500 4c 4c 33,500 65 63 100 %c 12c 9,000 5c 6c 6,000 1.29 1.39 4c . common. 10c Lake Red Osisko 39c 1.40 19c Gold Orlac 29c 1.45 9 6c Mines- 1.35 41,500 Pacific Petroleum Pandora Paramaque Parbec Oil 4c 4c 37c 4%c 3c 10 —_ 97c _ .— — Malartic Consol Paymaster Polaris Oil Porcupine Peninsular Porcupine Reel Powell Powell Class 2,000 120 28% Mar 50 52 85c Pressed East class 39c Oct 2.33 Apr 12c Jun 1.36 July 15c Aug 3%c Feb 39 Jun 6%c Aug 5c July 75c July 4.20 Feb 380 44 '% Union Gas _ Jan - Apr n Oct 11% Sep ' 2.55 2.50 2.75 2.35 July 3.65 Apr " 8c 8c 5,064 1,500 Purity Mills Flour 40c 24c' 30c May 2.24 Jan Fuei Manitou Quemont Sep Uniicu 9c May United — 11 10% Quesabe Quinte United Red 15c Apr Upuei 12%c Jun Venture 1.75 Jun 43c 47c Vicour 30% 30 30% Reeves MacDonald 30% Renfrew Textiles Riverside Silk Robertson Robinst Mfg 301/2 Robinson 249,<h i 17c feo 60c Jun Walker 7c 6,000 3c Feb 10V2C May 60 34 Jun 50c 6,300 36c July 62c Apr 19,800 15c Feb 40c Apr 18 17% 18 1,855 ►-» to 13 %c 12 %c 8%c July 29 4%c 500 3c Jun 10 %c May West 3c 6,000 2c Aug 7c May 3%c 5,958 29% 155 27% Apr 32% 155 26 jan 32% Oct 56 55 52 Jan 56% Jun 21% 160 20 May 22% Jan 9.00 9.40 7,540 52c 1.65 July Oct Long Rozana Royal 3.15 May 4.00 Jun 1.02 Sep Western 64% Oct Weston Jun 4.20 Apr 10,383 1.50 July 9.05 14,622 5.50 July 8c 1,900 6c Sep 15c Jun 15c 18c 91,000 2c Jan 2?c Mav 9.05 Oct 38c 41c 3,300 20c Jun 55c Sep 16% 16% 25 15% Aug 20 Apr 10% 9,023 7.85 July 58 11,414 % 50 7c 39c 7c 1,500 181/2 10% 9.80 57 52% 1 _1 5 27c 20 - 58 7 Sep 14c Jun 41/2C Mar 16 Oct 18% Aug 18% 310 27c 31c 5,335 151/2 161/2 955 14% Aug 16% 32 »/2 635 27% Jun 33% 30 30 555 30 Oct 34 May 33% 18% 151% 9 common Sep Jan 4.75 Mar 36 ,. 10% 32% 9 _ Breweries (3 61/2 33'/2 439 313% Mar 35 Apr — ~. 9 — — Aug 7c Feb 71c Jun Oct Oct May Homestead Oils _ 10c _ • (Geo) common 100 _ 22c 100% 22c 8,831 20c Oct 28 850 23 % Feb 28 Oct 100% 145 991/2 Feb 104 Aug 21c 26 27% — __ 00 11c 14 %c 30c Sep 19,250 56c July Oct Wiltsey-Coghlan 1.15 10,400 55c July 1.15 Oct Winchester Jan 22% Jun Wlngait 14 %c Oct 17c Jun Jan 21 % 2.05 Feb Winnipeg 3.55 Jun Wlnora 8% Jan Windward 13c 137,700 7c 8%c 8c 8%C 9,050 4c Jan 6%c 6c 6%c 20,000 4c Mar 9%c May July 42 July Jun 1.28 Aug 1 1 1 1.20 93c 22 1,515 17% 18 292 1.43 1.50 2,50o 2.30 2.30 500 6 50 15 y2 12 V2 60c Mar 5% July 20c 2.20 21c 27,200 15c Mar 2.60 258,675 67c July 90c 93c 11,851 65c July 25% 26% 11,675 17 July 1.20 40c 30c May 2.60 Oct 1.84 May (G H) Lead Jan York 32c 40c 98,225 19c 48c 65c 99,075 48c Oct 84c 41c 10,500 34c Mar 60c Jun 3.70 3.75 6,600 6c 5,000 4c Feb 3%c Mar 12,200 99 99 99 25 1.80 1.74 1.80 8,422 53c 131,700 # - _ _ _ 1 Zinc_ Mines 1 40c 4.80 — _ 6 150 July 7 Toronto Stock 75 27 % Aug 30 Sep GO 60 40 44 Jan 60 Aug 10 175 8% Feb 10 Aug 9 Jan liy2 Apr 15 15 50 8c 9%c 6,200 12 y4 1.65 July 22c Jun 1.30 Oct 991/2 July 2.27 Jan 43c Apr 53c Oct 12c 12c 2.000 10c July 25c Apr 1.05 11,345 73c July 1.33 Apr 5% 51/2 30 5 May 16''2 Apr Feb 15 V2 6c July 16 %c Apr 25c Feb 50c Jun 27 Feb 29 Va Jun Jun Exchange-Curb Section Canadian Fonda Feb 29'% 100 Sep Apr 15C 94c — Jun 6 9% 97 Sep 50c 9 Knitting class A Sep 12c 281/8 9% 1.05 Oct A— 5 37% 94c I Bear Sep 35c 2.03 Mar 9,500 1.30 39% Jun 150 Sep 30 12c 1.16 _ preferred & §10 19,000 Apr 7,240 9c 1.16 100 Mines- Mines Yellorex 39% 9c -1 _ __ Gold 1 common— Wright-Hargreaves Yale _ • Electric „97c 57c 9% July — Gold Yeilowknife 51c 9 - — Larder Gold Oct 26 y4 9% Co 34c class Dairy 36c 24,500 29% 805 10% A_, 33c 29% 10 % 60 10 % 13% 13% 14 2,295 8.85 2%c 2%c 2%c 7,500 Russell Industries Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Low Par Newfoundland Anglo Corp Asbestos Devel- - _. __ 5 27'% • Oct 11 Aug Feb 15y2 Apr July 4%c _ 26% Range Since January 1 Low High 27 % 675 22% Sep Jan High 27 % 20 21 1,430 30c 34c 126,658 27 y2 27'/2 27% 100 12% Jan 52'/4 51% 52J/4 325 27 Jan 19 _ ----- 21 33c 1 49 Corp common 19 Oct 36'% Sep 36 363/8 275 243% 1571/2 160 120 82 Mar 160 Oct 135 Jan 161 Oct 36 _ Co 19 Bulolo Sarnia Mines Vinegars Jan 21 Sep Canada Oct 34c Oct Canadian General 27'/a Oct Canadian Oct _ 25 14 Jan 19 110 85 Jan 104 145 50 y« Jan 59% 2.40 4.05 Jan Cououiiuuiea 9c May Selburn Oil Senator Petroleums ti Shawinigan Preferred Water Sheraton Sherritt 81/2 8% 25 3%c July 7% Aug 1.00 1.00 1.02 3 4^0 1.00 1.75 1.72 1.85 7,205 1.72 23c 26c 7,500 Sep Canaomn Oct Canadian Ltd class trust A_: __ _ Oct Dominion 2.10 Sep Hayes July 40c July 27 26% 26 »/2 1,160 22 47 47% 95 47 Apr 48 % 26c 30c 22,300 10c Feb 42c 1.28 1.-22 1.25 2,600 20% —T,„nrm 20% 20'A 15 2.45 • certificates 2.41 2.59 33,171 20% 201/2 21 625 20y2 201/2 20% 100 6.20 6.30 761 15c 31c 154,800 1 Mining For footnotes 1.03 Oct 47 __ . see page . 41. 26c Sep 9% Mar 1.60 July 19% July 18% July 5.85 Aug 14c Jan 8% 127 ^ Oct Oct Sep 1.33 6.05 July 20 % July 23 Sep 133/4 13% 13% 100 12 14 Aug 21 21 25% 80 28% 28% 28'% 225 177 177 5 — — 4.40 4.20 4.50 2,850 61/2 6i% 6% 14,802 May Sep Aug May Sep Utilities Ontario _ 1 Paper- Apr Common Jun Temiskaming City 41 85 56 52'% 56'% 32 31%- -IV? 50% 48 50 3% —5 24 »/B 23% 24% 26% 26% 26% 25 5 26 25 26'% 1,975 8.30 common Bros Price Twin 36% 6 & Supertest Sh Yukon 7,953 36 y8 8.30 8.50 655 Oreille Jan 12,951 41c • Inc Pend Jan 50 31% 32c * Paper International Loblaw 70 *.<r <N 00 31% • International Minnesota 70 32c $ • • Bridge Oct 8.85 185 365 • Steel Oct 38c 7.45 21% —1 Lumber Aircraft 2.80 22 7.45 211/2 -100 _ PapeJ 20% 22 % 7.45 • common Westinghouse Sep 28c . common Feb 21% . - Western deHavilland 26% 1.05 Marconi Oct .—20 Gold Gordon 20c 3% 92 May 18% July 21% Feb 175% Aug 2% Jan 3.50 Jan 9.75 253's 28'% 180 - Jan Oct Sep Aug 5% Anr 7% Sep Sep 8 V2 • , _ Sigma Mines Silanco 2.00 July 500 50C _ Mines Breweries Voting 1,916 1 Power com & class A (1945) Creek 2.60 41/2C 1 Rouyu Shawkey * • Ltd— Co 1,065 * j Dalhousie OH 2.40 4%C — 25,782 127 • Investments - 103 : 8% 123 — _ Preferred 59'/4 .. Free^o1'' Security Sugar Industries 52 % 59 1 _ 260 7% 127 160 $ 17% 30c 1 _ — —5 Dominion ft 101 a Bridge Sheep .. - - Gold Canadian Gold Antonio Sannorm 160 8% -100 101 __ 158 -_1 -100 common Preferred 59% 1st preferred- preferred Pulp & Paper com—* Preferred Brown 1 — St Lawrence Paper Columbia Jan 1 — . preferred LJ-. preferred 2nd 2c British Canada • common Lake Lawrence Sicks Sep Jun 9% 2.04 9 _ 90c 20% Oil San 9.70 65c 1.95 4 W)—_ Mineral A Jan Lac Oils Royalite 1st & — Grocers Class July 21c (G Preferred 3c Rupununi Gold Mines 2nd Feb 7.50 — common Canada Western 42 % Mar Bank Royal Oak St Jan ' Roche Rvan 6'/a Sep 7%c • Ashley Western Jan 49c -—. 495 May 30 15 %c _ ~ Products Westeel 1,940 9% 3.25 July 19c 9,300 9 17c 8c 2.00 9.00 —1 Malartic 96c 55c common 54c 8% 52c 8% j ___ 19% Mar 21 ; — Kh July 31% - preferred-:. (Hiram) 63c 10 (Little > Sep 36 - 32 j Waterous Ltd A—__. A Jun 35c 1 Dare 60c 4,171 common 35% Sep 39c • Mines Amulet 100.100 Cotton n Class class class Jun 25c • Waite 11c 3.75 Sep 80c Mar 24c 50c 9.05 Mines Virginia 35c — 13% 35c 50 . !- - May 3.00 Mar _ i»oia 97c Regcourt Sep* 185% 20% 1,535 30y2 • 7c July July preferred Mines Violamac 39c Petro__. d peirxomtnb 11 Jan Feb 56c Mines Ltd. Redwater-Picadilly May 1.39 May 103% Mar 35,725 - — Ltd Oct 9% — May 47c 23% July 43c Hili— Canada Aug 8.25 50 5%c Poplar Gold A 45c Jan July 167 325 25 a-ciio Aug 26 Ltd—; Mines Aug 80c 93% May 2 13% __ Steel July 92c Milk class - 760 185 185 9 A Oil# Oct 68 64% Mining May 9 B 28c 9c 2.42 Queenston Gold 17c 27c 12,100 13 1 c.ass Preferred 611/2 20 %c 7% 12 %c 15,025 1.20 40c _ 3c 6 Labrador * 5j/4C July 3,140 20C 9 B United Wood Quebec Quebec Feb it Corp class A Class 1,000 3,600 corn- 6 1.08 185 - Mining United 4,450 28,394 a' >< 10% * • A— — 1.58 3.35 — — July ' Oct May 75 ' -v 1.20 100 _ _ A_— Resources _ 83c 3.25 18 Feb 14 %c %c July » Aug 1.26 July 2.08 1.46 4 767 6% 23 %C 1 Sep 1.76 —— Jan 1.66 8C • Preferred Dome. Air«ravs 15 %c May 7 — — 42c 40c Metals Preston Prospectors' » 1.20 May Jan 11 7 — * Aug 20c 22 Mar 3c 1.12 Aug Mar 3,500 1.11 40c 10% m 1 : Works class 6 357,581 1.15 -» Apr 32% 200 B 96c certificates- trust 3.30 9c I ; 5% July 94c Corp - 50 * Finance Trader# 64 I Gold Rouyn Voting Power Feb 32 Petroleums 10 %c L_. 2.31 Oct 124 32 Transvision-Television 54c Gold— River Feb 121 50 — _ Feb 2.06 Mines— Oct 7%c 50 —i .. 11% 3.30 Gold Oct 4.55 3,214 I Mines 7 »% July 50c Crow Pickle 28% Feb 10,400 • Transcontinental 85c 85c Feb 2.25 16.000 Elevators Western Perron Gold Sep 20% 1,120 30,225. 12c 10 Gold 3c . 29 90c .. 9%c May 37,625 : Jun 18% • Mar 1.26 Thompson-Lundmark 4%c '' Mines Malartic Partanen - 49 90c 4%c — 48% 51c Ltd 8.00 49 94c 7C Cadillac Western Pan 8.25 8.25 Hershey Tubes— Porcupine Mines Page Mar 75c Jan 16% 20 ' Apr 10c Tcck-Hughes Gold Mines. Vino-*<. Pamour Aug Apr 6 1/2 Sep 43c Apr 35% 26% July ~^4.50 1.18 common Preferred Tower 9% Exploration Steel Apr May 18 87c 9 Oct 14c 1.90 Ontario 10% 95 * 1.26 50 Sep 13 %c ■ • __ - 18c Feb Malartic Omnitran* 63 Va C Mar Jan 12% July 47,985 " * River 70c Aug 9c Oils Okaita Jun ll%c Preferred Iron 33c Ogama-Rockland Apr 18c 1 _ Tamblyn Ltd common General Trusts 4,000 Aug — Toronto 25,760 Ltd 50 ♦ Toronto 15c Mines Jan 50c Ltd— Inlet Toronto 55c 4c -1 Mines--- Sep 14 %c 2.45 Mar 100 Sterling Trusts commons- Mar __ Mines Gold 40 7% July 60 common— 25 Rock • ' Lake O Brien Oct Feb 86 50 23 17% 29 Preferred Steer Union Obaska 1.05 May Mar 14% • __ : 9c 61c Ltd Mines 49 9% — Gold Olsen Starratt 4.75 14 %c —. Aug 32% 94 9 Gold 1,500 common 50c 235 49 - class A Radio Silver 14,356 (1940) May 1,700 9% 100 __ . - Preferred Standard Toburn 65c Mines——_— Mines 57c 40 42c • common- Paving common Torbrit 4.70 Gold Northland Apr l2c 13 %c lzc _ - Jun 4%c Mines Extension 30c 10,095 65c 49 • Mines 43c 65c 40 — _ - Preferred May 4.40 — Canada Northern Oct Jan Mar 4'/2C 4.60 Mining Gold Northern North 35c — 29% 100% 38% — 20 _ -50 _ Chemical Standard .. — - Biazeau Tombill 5c Norgold Norlartic Oct 32 % July 96 May 13c 25c Mines Yellowknifc Nib 9c 9c 10c 8%c 7c Thurboib 7% Aug 6'/2 Mar ' 1 Co common— 38c 40c * „. Malartic Slater (N) Sylvanite New July 11 26% Mar 1/2 100 Jun 1.04 Jan 9% 10 % ' New High Jan 48r 7% 2" Preferred Low 22,450 10% * - Simpson's Ltd class A. Range Since January 1 High 92c !98 %c 93c Jun Malartic Jason New 2.30 75,600 1.15 Golcivue Newlund Oct Jun 8c 1.10 2.35 Calumet' Mines New 8c 1.50 4'/2C 13'/2c 14'/2c New Oil Dominion New Dickenson New May 22c 23 %C British New 17c 1.14 Bidlamaque New New Hugh 6%c Aug be New class Dairies E> Stadacona New Low 1 Mines Oct 27 —- — Shares Sep % 2.25 — (Wm> 600 25 27 Trust Mines 780 13 23'% — Pet!*»«"«m*, National 8 »/4 Sep Jan 33% National Steel Car——— for Week Par High 37 12% 2 B National 23'/4 22 28 common--.—* Hosiery class A National Low 150 8 Preferred Sales Range of Prices STOCKS Range Since January I High. 12% Chemical com & Week's Last Sale Price Friday Shares Friday STOCKS Monday, October 16, 1950 . . 13 for Week of Trices WEEK ENDED OCTOBER Sales Last lale Price FOR . MARKETS LISTED CANADIAN Negus Chronicle The Commercial and Financial (1472) 112% 1 warr ordinary, • Mining Rapid Transit Consol _ _„1 • —1 — Jan 70 Oct 313% Oct 493%c Mav 955 32 ... 40 July 130 27 Feb 36'% Mar T 37'% Jan 64 4,760 885 41 Oct 56% 18% July 25 Jun 23 28 Jun 17% July Jan 26% Oct 5.05 Mar 9.35 Sep Oct 633; Jan 112% 100 60 Jan 131 5 60 Jan 140 130 140 7%C 9c 1,500 13% 200 60c 700 . Oct Aug 330 110 112% 130 60c Jan July Jan 13'% 7%c 17% 16 140 130 * 57 28c 6c 8% 50c Aug ' Oct Oct 12c Sep Jan 14 Apr Sep 60c Sep ' Volume 172 Number 4951 .. . The Commercial and Financial Chronicle (1473) OVER-THE-COUNTER SECURITIES Quotations for Friday, October, 13 Investing Companies Mutual Funds— Securities Aeronautical Affiliated Amerex Par Fund Axe-Houghton Fund Axe-Houghton Fund Blair 1 6.63 4.79 10 1 1 Tr 1 2% 20.29 22.10 4.43 1%« Feb. 3.75 4.14 1%S 4.14 4.56 1.70s Aug. General 21.82 1 Inc 4.02 Home 7'/s 3V4 * America of Fund Federal Home Loan Banks— Electrical Eqlupment shares_lc 18.27 6% 23.89 shares Industries shares lo Paper Net value asset Bullock 10c Invest Corp Ltd 23.90 37.63 1 17.29 Preferred Ctfs Mass 18.69 Investors Fund 1 6.29 6.84 Balanced Consolidated Investment Trust-l 23 V4 25'4 National Delaware 15.62 17.17 National Fund 1 Shares Howard— & Stock 1.70 1.87 28.98 30.99 Income 1 20.12 21.51 __20c 4.50 4.66 5 30.84 33.34 Inc_l 2.19 2.40 Fidelity Fund Inc Financial Industrial First Boston Corp First Mutual Trust Fund Franklin 10 Fund Custodian Preferred Funds 2nd of Fund Inc_l Other 1%8 Feb. Panama 1, 1953———.- Canal 3a 17.11 14.81 15.90 l 10.47 11.32 1 5.52 6.12 Stock 99.16 1961 99.22 118% Selected l%s Oct % 6.99 99.9274 .9485 99.9277 England 1,1951 l%s Oct. 15, 1951 5.58 6.10 l%s Nov. 1, 1951 99.8757 8.30 1%S March 15, 1954 99.5 4.38 l%s March 15, 1955-- 99.10 4.83 17.63 12.96 5.59 6.13 Agriculture 1 11.83 16.93 18.55 Automobile 1 8.20 1 8.51 9.33 1 12.08 13.24 99.9099 .9334 99.8857 .9142 99.8805 ! .9001 Inc— ! 8.99 65.29 Building supply l 9.07 5.45 5.89 Chemical 1 13.74 15.06 Corporate bond series 1 10.83 7.76 8.51 Diversified l 4.67 5.12 13.73 Intermediary Credit Bank Debentures 11.49 Common. (The) Stock Fund-lc Federal 9.94 1 Corp Investors Trust Securities— stock Industry Automobile shares lc 7.50 8.22 lc 6.94 7.61 Diversified Investment Fund_l Diversified preferred stock l 12.53 Aviation 11.07 12.13 lc 7.77 8.52 Electrical 12.31 13.49 lc 7.40 8.11 Insurance shares shares shares Electrical Equipment shares_lc equipment l stock _1 13.42 14.71 11.34 12.42 Machinery 1 lc 5.18 5.69 Merchandising I 12.43 7.69 8.43 Metals l 10.69 Oils 11- 1-50 2- 1.30% Ask 6- 1-50 3- 1-51 bl.70 1.50% 1.40% Ask 1.40% 1-50 bl.65 1.40% 1.30% 3- 1-50 12- 1-50 bl.65 1.45% 1.35% 7- 3-50 12- 1-50 bl.65 1.45% 1.30% 4- 3-50 1- 2-51 bl.65 1.45% 1.35% 5- 1-50 2- 1-51 bl.65 7- 3-50 4- 2-51 bl.70 1.50% 1-50 bl.75 1.55% Due Dated 1.50% 1-50 5- 1.30% 11- Bid 1.35% Rate Bid bl.65 1-50 1-50 5- 1.40% 9- 1-50 6- 1-51 bl.75 1.55% 1.65% 10- 2-50 7- 2-51 bl.75 1.60% 8- 1.40% 11.72 9.16 Due Dated Rate 13.62 lc shares Fully administered shares .9628 18.96 2 Inc 99.9544 5.28 1 1951 1, 99.12 l 1%S Jan. 99.7 4.01 lc Stocks Ask Indebtedness— .8963 7.59 1 Fund 1%S Oct. 3.92 lc bond 99 .9466 5.21 60.72 General 98.24 loss Bid of .9488 99.9255 7.93 1 Food lQ1!? Certificates iy4s July 1 1951 "B" 1%S July 1, 1951 "C" 1%S July 1, 1951 "D" iy4s Aug 1, 1951 4.77 series Chemical 1 Ct *' 1957"1955 Maturity— Treasury Notes— 3.59 Bank Building 99.10 101 Price Ask 1 Series Group Series York Bid l Stock New Maturity— 7.26 18.79 Group 99.4 100.24 U. S. Certificates of Indebtedness 1 Low Priced Com Stock Series j 7.69 17.38 General 1955 1953 120 1 Series Series Industrial 7.72 7.04 1 Series 7.06 l Series Series New 6.38 ) Bond Stock series Capital 1, 1953-1951 ' Central Bank for Cooperatives— 15.87 15.48 1 General 99.8 100 Dollar series Priced Speculative 31% 30 Inc— Investors Inc__ Fund Ask 99 Istuet 15.99 14.60 1 Inc 14.79 1 1 Boston stock Industries 99.30 Bid „ May h 1952-1950 8.55 Aviation Gas 1951 point a Bonds— 34.03 stock Common Fundamental 99.30 Securities— Preferred Bond Low Inc 7.80 31.48 Investors Corp Security Series— 1 Fund Fund 10c interest__l Fund 25c Balanced Fund Equity 99.30 99.28 of Land Bank 5.55 Mutual Invest Fund Inc Nation-Wide Commonwealth Investment Eaton Inc 5.41 5.04 99.28 32nds more 145 100 Dividend Fund 5.49 4.91 or Federal 1951 15, 15, one Trust— beneficial Mutual 5.425 140 Bond Ir'-"-.stors Mass 40.47 100 5,275 com Manhattan 20.05 21.82 _1 Fund Christiana Securities 9.30 18.55 1 Century Shares Trust Chemical 9.29 5 Fund 4.98 lc shares 4.29 lc shares Petroleum Steel shares 3.89 1951 Ask l%s Jan, 4.22 lc Metals IB. May Bid 3.98 3.83 lc Non-Ferrous 3.61 lc Furnishings shares Bowling Green Fund Inc— Broad Street Figures after decimal represent Ask lc Business 10.25 1 Corp Inv Boston 9.48 16.81 Bid Equipment shares-lc Automobile 4.47 5 Inc B Holdings Corp Bond 4.13 Far Managed Funds— 40 % 39 Obligations Of Government Agencies Mutual Funds— 7.27 4.42 Business Shares Beneficial Ask iy4 Inc Holding Corp American Bid 10.53 11.54 lc 8.36 1 21.22 23.25 Industrial Machinery shares lc 7.75 8.50 Pacific Coast Invest Fund 1 12.33 13.57 Institutional bond shares lc 9.57 10.05 Public 1 8.02 8.79 Investing Company shares__lc 9.63 10.55 Railroad 1 6.62 Low lc 6.59 7.23 Railroad 1 7.59 8.32 Merchandising shares Mining shares lc lc 8.88 Steel 1 10.72 11.75 5-79 9.73 6.35 Tobacco 1 11.26 12.34 Petroleum lc 9-88 10.82 Railroad Bond Shares lc 2.60 2.95 10c 37/a 4% RR lc 4.55 5.00 $1.50 5 24 y4 25% lc 5.57 6.11 Petroleum 5 17 25 lc 6.77 7.42 Putnam 1 17.05 18.33 Priced shares shares shares Equipment shares.- Railroad Steel stock shares shares Tobacco Plan Pacific Amer Investors Fund Republic 4.60 2.06 Fund 4.97 1.90 1 9.28 10.14 Investors Management Fund 1 16.44 16.80 Custodian (Investment 1.10 Investors Funds— Fund Shares series *oc A 12.60 B 1 Series C l Fund 1 Union Common Stock Fund 1 1 10.88 Income Fund Shares Jan. 4, 1950 bl.33 1.25% Jan. 11, 1950 bl.33 30, of Bank 11.83 New Fifth & 1 18.79 20.50 17.94 19.29 1 3.84 4.17 28.71 32.80 16.41 17.90 Fund Fund Inc Investing Gorp Investment Go 15.01 16.38 5.99 6.55 1 5.67 6.22 Diversified Fund 25c Loomis Sayles Mutual Fund— 2.55 2.79 Series 34.74 34.74 E 2.50 North Amer 9.45 2.64 1 2.34 1 4.36 1 1955 Series 1956 ; 2.46 10 57% Par Bid Life Agricultural 25 74% 77% American 10 25% Jersey Insurance of N Y Maryland 27% $2.10 Alliance Casualty Prior Automobile 4 45% 48% Equitable 5 24% 26% Merchant 51 1 19 10 Mfrs A 55 20% 51% 53% 25 26% 5 Assurance 27% 29% 32 34% 4 8ya (Detroit)—10 33% 10 9 19 20% 22% National American Re-Insurance 10 30% 32% National Fire American Surety 25 63% 60% National Union Automobile 10 60 63 New Amsterdam New Hampshire Fire New York Newark of Bankers A Shippers Boston 25 i 101 61 64 Casualty 5% A 16 Trust 5 22 23% North 10 88 91 10 66% 68% National Bank 10 33 % 10 & Inc Forster 39 40% 25 68% 72 y4 of Los Angeles Security-First National Pittsburgh Deposit Natl Bank—100 300 Mellon Natl Bank A Trust—100 300 325 37 39 Farmers 25 35 1,330 Peoples First National Bank 100 54 299 50 290 N Y Trust Co 20 Portland United States Natl 92 National Sterling 25 United Trust A Guarantee Title Trust States 100 Amer 245 45% 100 38 First 40 % Harris Bank 42% 45 Northern 18% 52 50% 48% Manufacturers Bank & Trust_20 24 26 Mercantile-Commerce B & T_100 165 171 110 105 625 595 Mississippi St 200 190 12% 14% Trust——25 Valley 53% 56% 25 93 Union Grove United 20 54% & Trust__20 55% Trust 100 Trust Bank Bank & 55 58% 160 27% 48 89% Louis Tower 55 Natl__100 Mercantile-Commerce 97/a 9 Va Trust—33% 36 42 17 20 25% A 35 20 Bank National National Mutual Bank & Trust National 63% 38% Bank—20 Nat Exchange Bank Continental Illinois 36 57% First Boatmen's Chicago 61% 54% 55% 95 43'/4 12 52% 20 Bank St. Louis 54 239 25 12% First National Bank 19 «/4 1,625 x52 100 20 Bank A Trust-17% Nat'l Public Trust A Oo Inc Trust York New 20 Trust A 32 29 V4 10 18 100 1,575 50 National Trust Bank 100 Trust Co 240 290 310 100 — 233 100 A Savings 36 Crum 10 Bank Bank— City Bank 2.50 Northeastern Casualty 23% 33 100 1,270 Trust (J P) Morgan 5 Northern Continental Fire Detroit National 41 122 39 117 10 10 Square County 10 Fire Connecticut General Life Camden 61% of Detroit 73 V2 Trust 5 Casualty 60 5% X71% National 2 Fire 10 Bank 355 625 645 San Francisco Bank of Amer N T & S A—6.25 28% 27 106 10 Trust—10 Oity Natl Bank A Trust 17% 2% American 38% Commence Ask 119% 5 Bonding Fire Merchants American Fidelity A Casualty__3 common preferred Massachusetts American Assur 20 $1.05 Convertible preferred—5 American A Bank & Trust-20 50 Manufacturers 115% 37 65 Trust Fiduciary 60% Aetna 62% Bank Kings 10 340 16 Union 45% 20 (White Plains, N Y) Irving North America of 33% 100 Trust A Industrial Bank of Commerce.10 Ask Ask 32 Co 38% 43 y4 Bank Federation Insurance Companies Bid 20 Bank County Trust Co Guaranty 63% 1.30% 101% 98% J Franklin 61% 1.28% 237 36% Co. Franklin Insur Co 47% 233 15 Bank A Trust Chemical First National 10 1.28% National City Bank 49% 10 Bank National Chase Empire Trust Trust Shares— Series 50.27 8.23 100 Commercial National Bank Corn Exchange Trustee Shares— Independence Trust Shares Insurance .; Central National 338 323 10 Trust Continental Unit Type Trusts— Second Fund— Aetna —1. Companies Cleveland 100 Central Hanover Bank A Trust 20 Trust 1 108 1950 Par 29% 27% York 1 30.07 Bid Oo—10 Avenue Wisconsin 26.32 (Income com Stocks) 104 - — 1950— Cleveland Manhattan the Whitehall Fund Inc Wall Street Par 1.26% bl.33 bl.34 1950 14, Ask Bid York of Wellington Fund 18.64 10 ' Banks & Trust 11.91 17.08 Casualty A Surety 1.26% 1.26% Nov. 11.68 1 Appreciation pfd Stks)_l (Quality common Stks)_l Aetna bl.33 bl.33 1951 1.26% bl.33 1951 1 (Income pfd Stocks) 50.27 1.25% Brooklyn K-l 10 bl.33 6.22 Value Line (Net Asset Value) 1950 5.30 United Science 12.01 • 16, 5.69 20.16 11.00 (Net Asset Value) Nov. 4.85 18.48 1 Loomis Sayles 28, 1 1 Bonds) Trust Dec. Bankers Trust Bonds) Lexington Dec. 21, 1.25% New 8.52 United Priced Fund Dec. 1.24% bl.33 Bank 21.66 28.76 (Low Priced com Stks) 1.22% bl.33 Par 7.16 27.08 (Appreciation com Stks)_] bl.33 1950 1950 19.13 27.48 8-4 1950 2, 9, 89c 24.83 S-3 26, Nov- 22.38 Series (Speculative Knickerbocker Ask bl.33 1950 Nov. 13.73 80c 1 1 1 Dec. 7, 64.00 1 Industry Bond (Low S-l 1.10% 7.60 Corp_* Fund Inc B-4 K-2 6.94 61.50 1 Bonds) bl.33 Television-Electronics B-3 8-2 1 Investment Union Preferred Stock (Medium Grade Bds) Oct. Bid Ask 1950. 19, 24.44 Union Boston of 23.04 Trusteed lc Bid Oct. 13.60 80c 11.77 Trust 54.92 12.57 State 14.49 shares United States Treasury Bills Nov. 24, 54.92 lc America 3.15 2% Shareholders Trust of Boston—1 Street 2.88 value).* 29.91 10.83 Investment asset Shares 10.37 Sovereign Stock and Bond Group of (net Selected Amer l 27.67 1 Group Inc Fund 5 Group shares Co Investors lc shares 7.25 Scudder, Stevens A Clark lc Group Investment B-2 Fund 6.35 11.36 89c 1.22 15.87 Bl Trading 4.89 Institutional Shares Ltd— Keystone & (Geo) 5.79 1 Incorporated Investors Insurance preferred 4.45 10c Inc Income Foundation Bank com lc Fund Aviation equipment lc shares Utility shares Howe Utility . River Pacific 12.50 : 3.33% Fire 7% 8% 25 145 62 65% Recent 152 Employees Group Assoc Employers Reinsurance • 10 38% 56% 40% 59% Pacific Indemnity Co Peerless Casualty Co 10 5 16% Federal 10 71 76 Phoenix 10 81% 84% 10 66 70 Providence-Washington 10 62 65 10 93% 96% Reinsurance 5 21% 22% Republic Security Issues 18'/a Preferred Fidelity A Deposit of Md Fire Assn of Phlla fireman's Fund Firemen's of of Frisco Newark St General Reinsurance Corp Glens Falls 28% 5 49 5 12 13 18 20 Republic Globe 2nd preferred 15 93 Corp 5 (N Y) (Texas) Paul Fire A Marine 2% 3% 10 32 y4 34 y4 2 7% 8% 10 12% 33% 105 .51 Seaboard Standard - Surety 60 American 35% Accident'*, J 46% 33 100 460 Fire 10 32% 34% U S Fidelity A Guaranty Co_2 51 53 Hartford Fire 10 125% 129 lis U 8 Fire 65 68 Hartford Steamboller lo 33% 35% U. 85% 90% 5 34 % 36% Westchester 21 22% Home C Illinois Power S. 4 Guarantee Fire 10 2 Co Ask Bid Bonds— Ask 2%s 1990 Power 101% 102 N J Bell Tel Co 101% 102% 101% 102 Va Potomac Elec. 2%s__ 1985 101 101% 101 101% Public Serv El & Gas 2%s__1980 101 101% 2%s__ -1980 Ilium Pow & Lt Delaware a Odd 100% 1007/a 8outhern 27/aS—1980 102% 103% -1980 101% 102 V* Virginia Elec & Pow 2%s—1980 100% 101 -1980 100% 101 2%s_ .1985 2%s___ lot sale Included Hanover 31' Elec -1080 Dallas Pow & Light 2%s—-1080 37% Travelers 5 Cleveland 2%s Calif Gas 34% 44% Of; Great Edison 64 32% Security (New Haven) Springfield Fire A Marine- Boston Bid Duquesne Light 2%s 108 30% Rutgers Fire common_5 Globe & & 10 Accident Bonds— 475 in change. n year's (not Included In year's range), range), Admitted to issued, ♦No x Ex-dividend, par value, Ex-interest, trading (Un) liquidating dividend. e y N. Y. f Flat Curb, r b Bid yield price, price, Cash k Admitted sales (not Ex-rights, z Ex-stock listing on N. included in Admitted to Unlisted Tradi*; privileges, tin default. d Deferred delivery sales to year's range), wd When delivered, dividend. tThese bonds are subject to all Federal taxes. (not Y. Stock Ex¬ t Ex- wi When 41 42 The Commercial and Financial Chronicle (1474) THE Bank with clearings this week show a based year upon Preliminary figures compiled by ago. 14, clearings from us, We 12.9% above against $12,399,758,322 this center there is the stand for the same in week 1949. Clearings—Returns we Oct. 7. For that week there was — trict was 1949. Monday, October 16, 1950 to the Federal Reserve Districts in gain of 16.0%, in the Boston Reserve Dis¬ and the Philadelphia Reserve District of a 23.7% In the Cleveland Reserve District the totals are larger by 29.2%, in the Richmond Reserve District by 26.5% and in the Atlanta Reserve District by 22.5%, The Chicago Reserve District has to its credit an increase the week of of 19.6%, the St. Louis Reserve District of 9.9% Minneapolis Reserve District 18.3%. of In and the Kansas the City Reserve District the increase is 27.9%, in the Dallas Outside of this city there Reserve District 21.7% and in the San Francisco Reserve increase of 22.9%, the bank clearings at this having registered an increase of 16.0%. We group an centre of 22.4%. which increase an cities according totals record able to give the final are complete results for the week previous 179 in the same week in Telegraph by week the as however, statement, . which they are located and from this it appears that in the New York Reserve District (including this city) the 23.5%, the aggregate of clearings for the whole country having amounted to $17,002,955,470 against $14,254,553,- At Our comparative summary for the week follows: 14.8%. detailed elaborate present further below ended gain for the week ended Friday of a the and $14,003,682,764 at inasmuch today, the Saturday and the Saturday figures are not avail¬ Accordingly, in the above In corresponding week last totals them . CLEARINGS the last day of the week in all cases has to be estimated. United States obtain weekly clearings will for those preliminary Our year. BANK able at time of going to press. we be furnish cannot ends the week ended Saturday, cities of the all from which it is possible to OF Complete and exact details for the week covered by the foregoing will appear in our issue of next week. telegraphic advices from the chief cities of the country, indicate that for Oct. COURSE increase compared an . District 29.9%. Per Week Ended Oct. 14 York New Cent $6,558,344,810 $5,713,903,030 761,642,123 _ 696,673,026 Chicago In Kansas a Federal by summary SUMMARY 848,000,000 + 2.9 391,083,935 + 17.3 253,776,490 + 7.1 1st 284,900,000 Louis furnish we Week Ended Oct. 7— 271,822,522 City following 9.3 873,000,000 255,900,000 + 11.3 2nd . the Reserve Districts: + 14.8 + 458,684,412 Philadelphia Boston St. 1949 1950 Federal Reserve CLEARINGS 1950 Districts 1949 12 cities York Inc. $ $ Boston New BANK OF Dec. 665,614,483 538,018,109 7,681,108,139 12 " 8,910,427,864 1.142,718,332 1947 1948 or % $ 5 23.7 556,301,272 500.223,376 + 16.0 7.277,767,940 7,003,984,924 939,130,951 + 267,196,000 258,201,000 + 3.5 3rd Philadelphia 11 " 933,993,699 + 22.4 Pittsburgh 301,665,457 245,670,067 + 22.8 4th Cleveland 7 " 959,448,951 742,570,201 + 29.2 801,280,461 714,517,327 Cleveland 325,438.395 260.004,150 + 25.2 5th Richmond 6 " 571,022,122 451,358,924 + 26.5 436,063,408 390,079,262 222,151,697 207,344,199 + 7.1 6th Atlanta 10 " 759,208,516 619,653,924 + 22.5 673,118,680 562,791,159 17 " 1,103,487,905 922,347,650 + 19.6 910,639,312 892,713,432 4 " $9,130,555,947 576,307,193 524,727,079 + $10,324,845,416 9.9 498,960,259 450,801,200 7 " 463,008.467 391,350,952 + 18.3 427,565,662 411,024.032 10 " 552,194,063 431,665,330 + 27.9 490,040,443 452,364,819 6 " 345,259,142 283,784,204 + 21.7 287,288,858 255,745,047 10 " 953,778,377 733,974,968 + 29.9 786.345,436 697.606,943 17,002,955,470 14,254,553,179 + 23.5 14,085,102,688 13,161,099,557 8,382,534,088 6,821,641,642 + 22.9 7,055,102,916 6,376,415,498 Francisco San Baltimore .... 7th ■Other five cities, days.. 2,975,861,370 days five + 13.0 2,621,710,925 St. Louis Minneapolis 10th Kansas City 11th Total all cities, All five days. $13,300,706,786 $11,752,266,872 702,975,978 647,491,450 cities, one day__ _ 9th 13.5 + Chicago 8th cities 10 ___; 12th + 13.2 Dallas San Francisco 8.6 + Total all Total cities week. for Our usual $14,003,682,764 Outside + 12.9 $12,399,758,322 monthly detailed statement of transactions Exchange is appended. The re¬ September and the nine months of 1950 and for the Description— —Month of September— Stocks— Number 1950 shs._ of 1950 1949 23,837,155 373,504,783 176,775,404 $68,716,500 $47,169,000 $752,866,300 $510,129,100 and York the Railroad & Misc. Foreign Bank. 15,000 17,000 416,000 8,166,000 76,472.510 of 12,000 61,000 206,700 461.000 bonds.. $76,483,500 $55,413,000 $829,961,510 $o80,243,870 Month The volume of transactions in share properties on the New York Stock Exchange for the first nine months of 1947 to 1950 is indicated in the following: Months— No. Shares District the $62,634,204,109. totals show In the New 1950 Districts District of 23.2% and the in San York New 3,859, ,065,494 + 17.5 4,098,003,940 4,473 099,412 3,567,,084,000 + 25.4 3,959,490,319 3,454.636,147 2,330,842,574 1,991,,846,286 + 17.0 1,977,438,873 1,835,099,988 Atlanta 16 " 3,257,683,722 2,740,,251,155 + 18.9 2,853,236,146 2,533,441,002 7th Chicago 31 " 6,746,718,452 ,523,556 5,731, + 17.7 5,805,585,570 5,450,157,988 St. 8th 19,336,900 10th Louis 7 " 2,360,144,925 2,058 ,115,590 + 14.7 2,113,791,653 Minneapolis 16 " 2,062,969,180 1,790 ,340,037 + 15.2 2,008,022.044 1,840,466,152 Kansas City 9th 15 " 3,105,743,955 2,541,,410,345 + 22.2 2,791,365,560 2,513,517,106 42,769,258 30,922,212 17,482,740 135,495,807 55^260,715 108^304,035 "5877187076 251,889,199 Dallas San 20,615,786 45,647,098 18,179,374 17,767,357 11th 12th 66,651^580 20,619,550 41,604,044 May June Quarter 112,40l7l04 168.315,502 18,751,895 24,585,115 25,472,787 38,472.675 21,785,250 15,039.275 38,594,354 23.837,155 17,562,530 16.017,170 121,615,584 64,374,300 57,187,920 176,775,401 225,503,422 181,013,071 2,785,712,150 184 cities York 2,262, 032,783 + 23.2 2,390,635,303 2,001,027,261 3,405, 562,720 + 25.6 3,707,153.470 3,309,922,306 74,117,950.544 62.634,204,109 + 18.3 65,022,194,551 60,851,345,965 39,694,155,734 City 33,210,090,546 + 19.5 35,147,049,748 31,760,729,627 "5576737415 373,504,783 New Quarter Months of bank clearings at We append another table showing clearings by Federal Reserve Districts in the nine months for four years: Nine Months Federal Districts cities Nine Months ' 1950 2nd New 14 cities York. Nine Months Nine Months 1949 $ $ Inc. or Dec 1947 1948 $ % $ 20,289.667,718 + 8.4 21,014,340,281 19,965,199,694 " 14 21,997,168,939 302,393,174,495 + 9.3 287,039,206,298 273,309,657,615 3rd Philadelphia 16 " 39,371,005,927 276,568,388,041 35,328,445.884 +11.4 37,116.263.636 33.078,940,538 4th Cleveland 17 " 36,118,437,999 32,612,137.188 +10.8 34.355,970,427 29,894.489,407 5th for the month of September and the nine months ended with September in each of the four Reserve 1st Boston leading 1,908,139,112 4,278,989,452 " 19 14.153,458 September " 11 Francisco Total Outside 125,369,656 ...'44,548,555 August Months 31,011,251.385 4,534.768,952 23,556,803 23,757,877 60,011,467 + 17.0 " No. Shares 34,612,565 30,483, 608,708 " No. Shares 19,313,984 2,242,268,633 " 16,801,286 Quarter $ 2,301,120,288 8 20,217,606 April 1947 $ 14.7 + 17 6th 57,140.389 1948 or Dec, % 16 1947 116,393,392 Inc. 2,203, 363,435 Philadelphia Richmond "487244^665 1949 2,527,023,417 Cleveland 22.992,575 course Reserve $ 14 cities 5th 18,825,034 17,179,755 The Dallas 30,082,712,083 3,679,958,182 21,135,600 Nine the Francisco Reserve District of 25.6%. 35,654,254,353 42,576,115 33,406,252 3rd District has managed to enlarge its totals by 17.7%, the St. Louis Reserve District by 14.7% and the Minneapolis Reserve District by 15.2%. In the Kansas City Reserve District there is a decrease of 22.2%, in " 40,411,025 8ix expansion 14 February July an 25.4%, in the Richmond Reserve District of 17.0% and the Atlanta Reserve District of 18.9%. The Chicago Reserve improvement an September— Reserve 4th 1948 No. Shares 2nd March January 2nd in clearings having been $74,117,950,- Boston 3rd 1949 1950 of Federal 1st 1st of an was 68,791,770 U. S. government Total Cleveland Reserve District the totals show of the clearings for summary For that month there 17.0%, in the Boston Reserve District of 14.7% and the Philadelphia Reserve District of 17.5%. In the in 862,000 7,740,000 govt a 1949 aggregate Reserve Bonds— Tnternat'l today month of September. 544 38.594,354 City. the 1950 aggregate of Nine Months—-— 1949 York increase for the entire body of clearing houses of 18.3%, follow: 1949 New 112 cities We also furnish the New York Stock on sults . 829.243,036 Richmond 8 " 18,472,854.595 16,562,377,165 +11.5 16,526,573,519 (000,000 CITIES $ New York.. 1949 $ 1948 14,'934,508,752 1950 $ 34,423 29,424 29,875 1949 $ Boston 24,547,788,148 +11.8 24,657,253,707 22,320.593,737 56.727,503,322 50,729.434,365 + 11.8 52,970,426,265 47,713,228,884 St. 18,569.828,850 16,278.501,985 Louis 7 " 8.5 16 " 15,495,377,287 18,063,975,784 14,470.185,484 + Minneapolis + 7.1 15 " 24,614.049,780 22,289,424,072 +10.4 $ 11th DallEfs' 11 " 22,471,403,663 +13.9 12th San 19 " 32,973,770,798 19,732.203,543 29,543,695,234 +11.6 31,490,764,655 26,885.215,090 617,686,793,811 560,737,722,626 +10.2 583,396,170,772 535,337.764.131 326.288.154,016 294,225,139,819 + 10.9 300,616,592,884 271,080.892,773 29,090 291,398 266,512 276.779 264,256 2,971 3,017 3,017 29,459 26,699 28,725 1,914 1,885 18,182 16,870 17,480 16,786 3,656 3,831 3,498 37,318 33,513 35,277 City 19,594,601,062 13,148,973,049 15,284,537,177 21,381,155,279 24,177,755,090 16,427,300,101 20,193,252,467 26,489 1,812 4.298 Philadelphia 27,452,445,944 " Kansas 2,092 ... " 31 9th 1947 3,450 Chicago ____16 $ 1948 $ Atlanta 10th Jan. 1 to Sept. 30 1947 $ SEPTEMBER IN Chicago 8th is shown below: years LEADING —Month oi September— 1950 omitted St. AT 6th 7th CLEARINGS BANK 31,472 Louis.. 1,265 1,113 1,194 1,099 10,799 10,087 10.661 Pittsburgh. 1,516 1,203 1,334 1,183 12,195 11,242 11,481 2,026 1,619 1,785 1,622 15,963 14,362 15.455 __ 184 cities 9,991 San Francsico Total 14,232 Fran.. Baltimore 1,031 _ 913 914 860 8,873 7,988 8,133 Outside 9,257 The 7,322 Cincinnati- 874 705 758 671 7,186 6,349 6,805 1,530 1,258 1,432 1,319 12,181 11,262 12,670 York City following compilation covers months since Jan. 1, 1950 and 1949: clearings by 11,242 10.802 the 6,047 KansasCity New Cleveland.. 1,576 1,255 1,440 1,251 12,685 11,423 12,390 Minneapolis 1,365 1,161 1,374 1,298 10,057 9,460 10,309 8,846 New Orl'ns. 623 530 554 473 4,955 4,688 4,521 4,167 Detroit CLEARINGS MONTHLY Clearings, Total All Months- Inc. or $ 66,867,104,168 64,931,164,247 1,690 1,653 1,477 16,680 14,667 14,848 12,881 Louisville.. 613 488 508 439 5,018 4,466 4,506 3,951 Omaha 650 500 539 February 496 4,928 4,328 58,756,227,011 56,111,533,532 4,604 4,265 March 70,630,016,771 67,485,213,609 196,253,347,950 188,527,911,388 62,320,454,838 60,479,441,080 ... Providence. 108 122 110 102 1,078 946 1,013 2,718 2,296 2,294 1,982 410 342 362 352 3,393 3,030 3,219 466 421 408 351 3,700 3.358 3,290 2,840 Denver 534 460 April 485 $ $ ■ Inc. or Dec. % 3.0 34,835,475,557 34,313,779,838 + 1.3 + 4.7 30,505,289,778 29,720,358,220 + 2.6 + 4.7 36,737,560,974 35,571,432,246 + 3.3 + 4.1 102,078,326,309 99,605,570,304 + 2.5 + 3.0 32,905.046,529 32,258,208,515 + 2.0 + 2,988 St. Paul— 1949 1950 Dec. % $ January Clearings Outside New York — 1949 1950 2,009 ... Milwaukee. Buffalo 329 ... 258 251 229 932 Total 420 4,286 3,782 3,962 3„493 Indlan'polis 222 227 198 2,221 2,027 '2,018 1,788 June 770 634 648 558 5,110 4,719 4,724 1st quarter May 265 Rlehmond 4,255 ... _ Memphisv 455 433 393 348 3,559 3,311 3,200 2,894 Seattle 649 509 542 509 4,936 4,301 4,601 3,853 Salt Lake C. 271 236 256 217 2,191 2,062 2,091 1,723 Hartford 109 116 105 97 1,025 989 956 891 54,042 56,049 53,059 532,094 484,737 506,012 469,655 68,420,516,810 61,339,257,369 + 11.5 36,084,171,990 31,905,469,589 + 13.1 71,627,359.741 ; 66,279,363,952 + 8.1 38,192,041,755 33,638,665,267 + 13.5 Tot.27 Cities 63,722 Other cities 10,395 8,592 8,973 7,793 85,592 76,000 77,384 74,117 62,634 65,022 60,851 617,686 560,737 583,396 188,098,062,401 + 7.6 107,181,260,274 97,802,343,371 + 398,621,679,339 376,625,973,789 1+ 5.8 209,259,586,583 197,407,913,675 + 6.0 July 67,583, 866,711 60,127,713,988 + 10.6 37,049,064,566 30,972,655,300 + 19.6 77,363, 297,217 61,349,830,740 + 26.1 40,285.347,133 32,634,480,298 + 23.4 September 74,117, 950,544 62,634,204,109 + 25.6 39,694,155,734 33,210,090,546 + 19.5 quarter 219,065, 114,472 184,111,748,837 + 19.0 117,028,567,433 96,817,226,144 + 20.9 Total nine months 65,682 Total 202,368,331,389 Total August „ Total 2nd quarter 617,686, 793,811 560,737,722,626 + 10.2 326,288,154,016 294,225,139,819 + 10.9 535,337 all.. Out. N.Y.C. We 39,694 now 33,210 add 35,147 our 31,760 326,288 294,225 306,616 six Total 271,080 detailed statement showing the figures for —Month of Clearings at— 1950 each September Inc. $ or 8,909,318 Portland 8,304,420 20,070,278 2,092,173,620 Massachusetts—Boston Fall River + September and the week ended Oct. 7 for four 1949 $ 7.3 of 1 to Sept. 30$ 68 767 847 64, 552,099 9.6 years: -Week Ended October 71950 Inc. or Dec. Vo + 1949 6.5 2,194,790 Inc. or 1948 Dec, % $ $ + 16.0 3.494,725 1947 $ 2,089,605 +11.0 1,812,982,124 8,004,248 167,557'.830 155 113,703 + 8.0 2,545,717 8,139,869 + 46.9 6,759,051 4,758,736 +15.4 18,089,525 . 8,741,104 jan 1950 Dec. % First Federal Reserve District—Boston- Maine—Bangor City for the month —— 1949 $ 3rd months 18,182,452 512 16,870 638,397 + 7.8 552,279,676 446,291,851 + 23.7 464,050,834 421,857,731 9.2 77 223 065 66, 828,806 + 15.6 2,297,428 1,774,318 + 29.5 1,910.619 1,869,592 L043~632 l7o26,541 + ~L7 1,~2 93,025 906,671 + Holyoke 4,520,694 3,887,775 +16.3 39,835 479 Lowell 36, 503,976 + 4,557,775 4,481,574 + 1.7 37,828 439 33, 338,997 + 13.5 5,540,933 9.1 , New Bedford 10,098,982 8,043,125 +25.6 79,870,992 68, 335,286 + 16.9 n-2,531,987 1,997,301 + 26.8 Springfield 2,071,849 45,223,116 2,117,376 33,103,437 +36.6 340,525,572 287, 879,980 + 18.3 \*.r* 9,966,029 9,246,075 •+.'7.8 7,621,897 7,155,040 29,124,366 109,054,736 116,561,343 53,088,501 42,573,561 Worcester Connecticut—Hartford New Haven Waterbury 12,488,700 New * +31.0 108,099,900 T«U1 (14 Cities) , .. : . 2,527,023,417 - * -5,495,515 2,203,353,435: 246 691 842 199, 530,468 + 23.6 £■»''*.,7,677,573 5,556,881 +38.2 5,811,322 5,130,932 6.4 1,025,815,931 989, 087,783 + 3.7 V 32,735,503 25,527,361 >+28.4 24,894,544 21,832,114 +24.7 478,038 355 412, 807,628 + 15.8 14,539,811 11,952,398 +.21.6 11,829,018 9,401,156 307442,400 25,242,300 + 20.6 25,072,300 21/741~600 — 11,504,800 122,197,400 Hampshire—Manchester—-6,774,827 Rhode Island—Providence- 1. 22,232,088. 8.6 115,608,900 106 330,700 + +13.0 1,078.756.200 946 ,462,200 + 14.0 + * 4 •• +23.3 + 14.7 . . 58.195.975 21,997,168,939 - 52 257,695 20,289,667,718 8.7 + 11.4 1,564,858 1,667,360 8.4 665,614,483 538,018,109 + 6.1 1,492,088 1,362,823 + 23.7 556^01,272 500,223,376 +— Volume 172 43 (1475) Month of September- Clearings at— 1950 J Second Federal Reserve District—New 106,407,108 + 26,999,532 —45.5 1947 s 21,388,737 24,352,963 127 ,112,762 119,390.989 6.5 3,149,805 3,235,590 2.6 2,737,121 2,320,916 3,030,454,909 +12.0 91,999,536 74,406,435 + 23.6 73, 315,070 77,819,265 69,613,059 8,213,592 62,608,899 +17.1 + 26.6 1,800,772 + 24.9 34,423,794,810 29,424,113,563 69,064,477 +16.9 + 17.0 80, 717,045 291,398, 639,795 1,561,438 — 2,249,103 2,518,836 1,785,213 + 41.1 1,886.420 1,703,633 96,086,177 80,612,111 266,512,582,807 9.3 + 19.2 8,620,421,382 7,432,911,537 + 16.0 832, 978,563 6,784,684;059 739,978,301 7,029,999,772 25,766,463 21,167,478 + 21.7 19,831,342 17,330,055 16,486,161 12,734,327 + 29.5 12,479,468 10,414,160 20/767,961 lil09~oIl36 + 4_7li 141041.676 11,6851702 68,180,357 ~~~ _ rl'i-m'lot. ' a 104 cot 0^7 233!934+02 (14 Third Federal Reserve 121 260,247 492,513,898 103,066,290 545, 758,515 494,150,452 +10.4 23 027,133 27,877,706 + 23 A 1,714 746,088 1,568,814,560 + 9.3 + 11.0 2,057 912,672 1,886,338,799 + 9 1 2,911,703 157,610,981 210,687,847 6,926,099 Lancaster HI a 65, 478,935 64,953.761 + 276,568,388,041 + 9.3 .1111 + 26.2 42,910,272 36,795,925 46,957,591 + 20.5 49,372,626 45,847,824 8,910,427,864 7,681,108,139 + 16.0 7,277,767,940 7,003,984,924 4,881,791 + 41.9 46,387,610 43,751,723 + 6.0 + 39.7 1,304,629 1,276,957 + 49,013,207 41,895,851 + 17.0 0.4 1,651,935 1,322,006 + 25.0 43,946,122 42,829,080 + 2.6 1,309,443 1,160,464 + 12.8 212,540,432 133,946,226 192,909,975 + 10.2 4,111,205 3,780,836) + — 2.2 20,913,438 13,639,141 + 24.1 16,036.206 *4,500,000 124,359,745 + 7.7 3,905,417 + 15.2 6,945.164 40,042,239 36,668,977 + 9.2 5,735,809 + 21.1 4,298,000,000 58,529,255 + + 17.6 14,602,903 37,318,000,000 ~!~ 33,513,000.000 + 11.4 11,081,473 21,469,103 11,487,327 + 31.8 1,089,000,000 892,000,000 109,580,558 + 10.3 18.2 3,261,454 2,949,729 + 10.6 218,148,240 195,828,341 + 11.4 1.3 6,117,189 4,861,958 + 25.8 105,338,752 97,829,852 7.7 3,703,360 2,696,470 i + + 24.1 5,022,991 IH11I__. 25,379,247 Wilkes-Barre_ 11,634,366 Y ork 1,343,353 + 22.1 120,843,200 + + 1,357,601 1,498,683 1,167.203 1,305,841 : ' 1,054,293 9.2 3,656,000,000 53,622,165 — 111111 ""I 20,573.363 + 17.6 + 8.7 3,877,380 3,645f289 902,000,000 794.000,000 2,735,285 2,860,112 4,315,838 4,618,728 0.3 2,435,853 2,538,904 3,736,209 + 34.4 3,867,707 3.817,976 + 57.5 9,939,569 7,324,366 6.2 5,811,442 6,863,564 939,130,951 829,248,036 mm: 17,633,324 + 16.7 1,589,637 190,434,026 1.229,662 153,480,146 l_11 + 29.3 6,687,862 12,548,142 11,560,643 + + 6.2 51,940,282 56,569,788 54,054,315 + 4.7 43,723,053 + 18.8 33,194,185 422,179,943 344,446,450 + 22.6 31,837,865 + 4.3 17,731,116 11,261,913 342,538,745 312,628,063 + 9.6 9,505,060 8,947,157 39,371,005,927 35,328,445,884 + 11.4 1,142,718,382 933,993,699 + 22.4 6,518,485 L' 8.5 6,299.758 + 29.8 Hazel ton Delaware—Wilinington_IIIIIIII__ Jersey—Trenton. H - (16 cities) Federal 650,985 775,577 44,214,885 56,570,280 0.8 302,398,174,495 804,643 55,779,995 „ + 17.0 5,209.036 25,955,704 11111 Bois__ 1,549,869 + 17.7 2.3 + 4,021,297 5,187,087 I Scra n ton — District—Philadelphia- IIIIIIII Philadelphia Reading V: +17.8 + 40.2 5,616,847 Norristown 580, 199,363 +12.6 + 32.7 30,483,608,708 Chester Lebanon... + 19.2 + 11,920,602 6,509,575 Dethlehem Harrisburg_. + 57,183,183 35,654,254,353 cities) ' 48,370+92 6,658,400 Pennsylvania—Altoona. 4,534,768,952 3,859,065,494 + 17.5 + Reserve District—Cleveland Ohio—Canton_ „ 37,949,956 Cincinnati 29,196,892 874,571,318 1.255,395,487 168,154,800 136.516.500 Columbus Lorain + 24.0 .• + 25.6- „ • '.^301,518,953 264, 050,019 + 14.2 8,459,446 7,186,085,248 6.349,,552,532 + 13.2 200,769,296 160,157,154 + 25.4 163,378,081 151,318,597 12,685,584,841 11,423,,458,523 + 11.0 342,655,381 266,382,477 + 28.6 1,262,,280,700 11.2 37,940,700 32,784,400 + 15.7 295,095,905 32,827,500 261,050,937 27,388/200 H Mansfield + 23.2 1,403,117,800 7,714,644 6,606,303 + 16.8 73,000,782 62 ,135,409 4,340,335 + 17.9 44,390,803 40,,257,541 6,599,837 6,691,733 + 17.5 5,118,020 ~ Hamilton + 30.0 705,183,989 1,576,386,802 Cleveland + 10.3 + 24,906,985 20,038,149 +24.3 200,633,464 172,,458,998 + 16.3 38,700,322 31,130,297 6,004,819 4,499,600 + 33.5 + 24.3 5,111,398 304,016,571 278,,194,319 + 9J3 22,052,512 18,838,102 10,026,145 7,044,742 + 42.3 + 17.1 6,333,591 4,172,500 5,494,331 172,835,302 161 + 6.9 110,306,408 79,131,171 + 39.4 780,304,696 2,999,658 660 ,326,200 2,431,939 + 23.3 24,551,153 23 ,264.303 + 5.5 2,206,707 1,704,444 + 29.o 18,523,035 17 ,304,375 + 7.0 1,516,010,159 1.208,671,162 + 25.4 12,195,897,098 11,242 ,867,198 + 353,593,164 265,183,343 + 33.3 291,934,149 258,401.029 222,868,264 187 ,568,912 + 18.8 169,267,825 163 ,177,718 + 959,448,951 742,570,201 + 29.2 801,280,461 714,517,327 Youngs tow 11 Newark II" Toledo Pennsylvania—Beaver County Greensburg Pittsburgh Erie.L 1_«. • ,665,982 27,789,308 20,685,079 + 34.3 20,820,663 18,432,687 + 13.0 17,804,130 13,901,635 + 28.1 181,058,956 159 ,249,415 19,607,020 14,879,829 + 31.8 154,783,208 >144 ,325,044 4,473,099,412 3,567,084,000 + 25.4 36,118,437,999 32,612,137,188 City Kentucky—Lexington . Virginia—Wheeling Total (17 cities) Fifth Federal 13,040,960 + 27.5 48,682,000 + 18.9 489,920,000 440 825,000 634,322,200 + 21.5 5,110,707,229 4,719, 881,845 17,733,781 South Carolina—Charleston. 10,231,654 57,861,000 770,390.388 Richmond 8.5 3.7 + 13.7 + 7.2 + 10.8 13,369,215 + 32.6 104,818,178 100, 288,814 145,929,116 4.5 3,397,155 2,615,587 + 29.9 3,170,404 2,800,224 + 11.1 13,814,990 179,503,892 11,919,000 + 15.9 133,940,421 + 34.0 10.453,000 138,211,539 122,056,123 3,554,278 + 30.5 3,738,907 (loo, 250 + 2~2~,9 209,004,099 + 25lo 71,485~459 67,0121430 + 26.5 436,063,408 390,079,262 + + 8.3 130, 144,861 + 12.1 39,030,491 33,743,842 + 15.7 308,767,950 288, 951,531 + 913,761,573 + 12.9 8,873,891,484 7,988, 779,529 + 11.1 + 7.0 Frederick 4,637,491 266l029~,143 21 5,234,257 4,813,451 8.7 42,264,826 39, 495,680 395,851,837 332,922,351 + 18.9 3,396,555,812 2,854, 009,905 + 19.0 103,639,451 82,899,388 2,330,842,574 1,991,846,286 + 17.0 18,472,854,595 16,562,377,165 + 11.5 571,022,122 451,358,924 Columbia—Washington Total (8 cities) Federal _ + r 4,000,644 182I645I841 Reserve District—Atlanta Tennessee—Knoxville Nashville 95,675,789 __ 66,753.429 + 43.3 707,473,010 613,749,829 + 15.3 16,262,527 + 26.1 349.635,886 288,310,980 + 21.3 2,931,880,119 2,554,320,369 + 14.8 80,654,829 69,642,235 + 15.8 66,837,874 62,770,139 1,040,000,000 _ Georgia—Atlanta AUgU.Tla_ 11,564,000 6.9 1,031,699,860 Columbia Maryland—Baltimore District of i + 18.2 Reserve District—Richmond Virginia—Huntington Virginia—Norfolk Sixth 14,718,342 0.9 S 3,393, 134,464 HH West — 1948 Dec. % 2.8 Oranges West 1,396,592,193 Inc. or $ + 19.8 Northern New Jersey Oil 1,383, 893,843 1949 $ + 12.1 II Fourth 4.3 1950 14,713,103 — Total — or " Connecticut—Stamford „ 111.203,874 Week Ended October 7 Inc. Dec. % 342,307,351 7,250,731 New Jersey—Montclair Newark ; New $ 15,127,556 : tth»« du 1949 10,399,644 p®* y.0rk Syracuser • or Dec. % 410,129,336 8,130,489 Si° ^™ ~ Jamestown * Inc. $ York Ne^nYh°rk7"Albany B nghamton Total Jan. 1 to Sept. 30- 1949 : '■ 939,800,000 + 10.7 9,269,900,000 8,420,600,000 + 10.1 266,800,000 + 19.4 288,800,000 199,600,000 + 32.8 179,188,010 178,844,601 161,104,594 + 11.2 6,861,542 223,400,000 5,529,747 + 24.1 4,405,560 4,618,197 145,450,206 + 23.0 *4,l00l000 3,7571887 + 14.4 3,758,454 3,701,946 24,435,818 : Columbus 18,402,780 20,562,610 Macon Florida—Jacksonville 16,475,545 + 24.8 19,127,312 ■___ 12,163,946 + 57.3 409,023,017 149,493,784 127,720,651 + 17.0 20,511,541 14,812,509 14,509,517 Mobile + 20.5 91,217,228 70,891,699 + 28.7 67,029,582 64,090,059 298,083,696 247,364,978 + 20.5 + 23.7 3,992,743,978 3,552,195,975 + 11.8 126+66,097 94,755,041 + 33.2 89,519,866 98.134,601 25,992,785 + 20.5 258,073,210 237,787,751 + 8.5 7,537,815 6,957,796 8.3 6,563,872 7,187,403 16,336,947 + 27.2 160,954,616 130,966,711 + 22.9 20,122,000 Jackson 3,155,449,955 + 28.5 20,776,008 _ + 26.8 23,417,258 420,743,056 31,308,053 : Montgomery Mississippi—Hattiesburg 322,530,696 30,087,661 520,613,941 Tampa Alabama—Birmingham 17,579,000 + 14.5 163,340,000 144,535,000 + 13.0 + 15.0 4^,loU,rf72 3,803,062,678 + + uU.2 Meridian 350,141,860 304,511,038 7,579,479 5,902,056 + 28.4 55,329,627 47,727,088 + 15.9 Vicksburg 2.402.203 1 pat, oao, + 00 p 18.355,156 16.1<UMi7 + 13.7 608,445 542,456 + 12.2 623,173,073 530,817,312 + 17.4 4,955,581,599 4,688,161,586 5.7 154,551,219 127,914,536 + 20.8 595,290 130,795,673 107,527,434 3,257,683,722 2,740,251,155 + 18.9 27,452,445,944 24,547.788,148 + 11.8 759,208,516 619,653,924 + 22.5 673,118,680 562,791,159 Louisiana—New Total Orleans (16 cities) + 651,863 . Seventh Federal Reserve L District—Chicago— Michigan—Ann Arbor 7,108,583 Rapids- + 24.0 57 752,999 52 204.182 1,690,869.712 + 18.9 16,680 ,433,420 14,667 ,759,985 18,834,217 + 50.0 197 507,468 147 109,777 + 30.7 425 ,465,719 2,135,168 —11.1 1,277,527 1,936,162 11,311,087 10,129,605 + 11.7 9,350,682 9,151,241 6~079,222 4,913,990 j 4,942,011 6,155,421 + 34.3 41,616.954 1,898,355 + 13.7 28,244,514 Flint 5,730,660 2,009,658,356 Detroit Grand " 54,386,598 + 10.6 367 ,841,102 + 15.7 Jackson 8,656,945 6,329,802 + 36.8 ,977,433 55 ,049,198 + 21.7 Lansing 25,528,022 21,982,222 + 16.1 225 148.870 206 ,570,060 Muskegon 12,997,756 8,777,938 + 48.1 97 ,118,510 Bay City 13,828,336 8,809,989 + 57.0 92 801,433 9.0 83 ,856,525 ' Indianapolis— 73 068,802 + 25.6 21,490,248 + 24.9 228 212.871 204 515,608 + 11.6 58,057,695 50,249,769 + 15.5 487, 034,957 455 062,988 + 7.0 222,946,654 + 19.7 2,221 208,536 2,027 037,133 + 9.6 37,605,083 ; + 23 + 15.8 266,829,746 Gary Bend + 26,839,549 Indiana—Fort Wayne South 66 30,445.315 7,149,247 4,921,788 + 45.3 5,877,366 5,555,727 62,099,000 56,248,000 + 10.4 53,564,000 46,482,000 5,811,798 317 998,075 260 ,554,700 + 22.0 8,886:275 7,638,139 + 16.3 6,223,134 11,284,153 + 18.4 111. 082,644 102 943,094 + 7.9 3,577,496 2,942,520 + 21.6 3,054,104 17,565,705 + 20.9 184, 377,505 167 298,672 + 10.2 329,960,079 Milwaukee + 23.5 13,361,944 21,241.833 . Terre Haute Wisconsin—Madison 258,598,928 + 27.6 2,718 443,647 2,296 537,186 +18.4 80,189,824 58,530,550 + 37.0 58,174,597 Osnkosh 4,583.470 3,986,227 + 15.0 41 366,447 39 157,777 + 5.6 Sheboygan 8,470,418 7,940,214 + 6.7 73 823,493 69 699,917 + 5.9 Watertown 1,352,707 1,274,948 + 6.1 12 11 379,881 + 5.8 Manitowoc 3,312,438 2,745.670 + 20.6 25, 599,766 23, 809,545 + 7.5 19,335,146 15,124,158 + 27.8 156 275,775 135 785,254 142,085^706 142,309,842 0.2 58,944.009 + 18.8 1,198, 035,402 561, 041,111 1,090 975,130 70,042.797 515 974,330 t 51.828,327 Iowa—Cedar Rpaids Des Moines Sioux City Ames — 037,925 + 15.1 4,985,119 4,226,543 + 9.8 33,504,112 36,453,728 + 8.7 16,628,587 15,524,270 3,998,046 + 17.9 — + 8.1 7.1 3,867,079 29,086,162 26,777,374 13,455,661 14,285.585 "1U' 2,307,695 3,650,238 —36.8 21 822,729 22 7,190,204 5,409.146 + 32.9 58, 633,869 50 682,611 + 15.7 5,899,033 5,097,319 + 15.7 48, 846,691 43 058,149 + 13.4 1,340,825 1,753,673 —23.5 1,065,738 1,252,501 Chicago 3,450,041,076 2,971,877.232 + 16.1 29,459 096,255 26,699 479,249 + 10.3 + 21.8 695,548,523 690.342,365 18,519,360 15.741.583 + 17.6 136 199,428 123 290,058 + 10.5 837,765,237 4,011,539 687,674,503 Decatur 7,405,816 —45.8 4,399,722 3,972.383 + 10.4 —— Illinois—Aurora ^ Bloomington 367,132 — 2.4 Peoria 51,876,603 45,810.956 + 13.2 445 308,975 406 831,767 + 9.5 13,286,861 12,029,629 11,321,227 16.850,591 Rockford 27,519.398 19,231.823 + 43.1 220, 262,466 184 165,715 + 19.6 6,394,998 4,862,944 + 31.5 4,851,567 4,538.642 Springfield 17,625.438 15,109,424 + 16.7 139 378,189 129 ,656.833 4,360,121 4,956,784 —12.0 4,349,245 3,906,236 2,251,924 1,738,501 + 29.5 18 ,210,714 15 712,005 + 15.9 6,746,718,452 5,731,523,556 + 17.7 56,727,503,322 50,729,434,365 + 11.8 1,103,467,905 922,347,650 + 19.6 910,639,312 892,713,432 Sterling— Total (31 cities) + 7.5 ; The 44 Commercial and Financial Chronicle . . . 1950 Monday, October 16, (1476) Clearings at— Eighth Federal Reserve District—St. Louis— 1.265,255.113 1,113.615,774 12,856,234 11,242,090 1,944,774 1,505,970 Kentucky—Louisville 613,230,383 488,066.867 Tennessee—Memphis 455.904,607 433,621,503 Missouri—St. Louis Cape Girardeau Independence 1,732,945 1,758,181 9,220.869 8,305,205 2.360.144,925 2,058,115,590 Illinois—Jacksonville Quincy Total (7 Ninth cities). Federal Reserve 29,890,355 26,289,989 1,365,192,421 1,161,764,000 7,129,932 Minneapolis 6,471,050 Rochester- 466,351.546 421,372,810 3,695,505 3,316,868 1.135,409 1,215,570 37,970,244 St. Paul 32,148,875 Winona-—.! North Falls Dakota—Fargo— 10.087,739,356 + ,7.1 104,543.986 98,853.919 + 29.1 17,813.388 14,131,247 + 4,466,584,133 + 12.3 138,182,462 109,153.742 5,018,091,764 + 7.5 133.363,185 136,446,563 3,559,608,286 3,311,540,580 2,161,551 + 16.116,364 14,896.828 + 78.769,591 70,229,721 +12.2 .+14.7 19.594,601,062 18,063.975,784 13.7 241,711,685 231,621,668 + 20,401,535 576.807,198 6.3 261,883,744' 112,040,965 96,652,156 9,244,734 8,414,542 + 4,399,125 1,971,743 493,960,259 524,727,079 6.496.924 16,308,822 + 9,460.161.026 58,709,174 + 450,301,200 10.2 32,059,198 + 3,700,405,177 + 11.4 33,671,254 6.6 9,546,056 9,970,149 + 18.1 263,560,138 249,550,495 — 37,818,000 0.2 35,632,000 9.7 42,730,722 43,388,460 131,042,841 130,195,047 + 228,018,642 205,977,074 7,473,742 +19.4 3,706.160 4.083.263 3,685,115 30.1 + 5,662,958 4,497,674 +25.9 4,959,553 +25.3 10,623,925 9.726,148 11,793,937 9,413.500 391,350,952 +18.3 427,585,662 411,024,032 463,003,467 0.7 27,028,163 25,304,341 6.8 + 14.7 140,069,093 137,019,111 2.2 5.7 119,928,669 116,204,702 3.2 46,550,646 2,544,916 2,062,969,180 — + 3.1 389,088,255 360,086,721 8.1 — 0.9 15,035,274 13,986,559 1,790,340.037 + 15.2 15,495,377,287 14,470.135,484 2,137,984 + 46-7 24,601,091 20,621,706 35,264,526 31,408,132 7.1 + Otnuha 500,687,507 3,280,065 2,515,389 1,292,377 Topeka I,376,975 37,345,906 . 31,099,686 283,088,890 + 12.3 262,333,199 660,771 + 13.0 639,978 636,385- 7.273,770 + 14.0 115 783,358 + 31.5 + 13.0 6.820.830 6,853,601 18.6 11,974,717 12,043,665 + 28.3 324.377,606 289,772,795 8.4 10,535,652 11.400,623 + 27.4 2,647,214 1.865,906 4,928,774,430 4,328,463,276 24,529,139 22,226,764 6.2 11,559,523 12,464,718 20.1 309,635,361 278,247,893 + 11.3 521,832,623 437,126,980 + 19.4 119,949,121 123,379,307 10.4 + 7.3 — 7,000.000 6,193,942 14,984,754 12,633,604 ♦ "49,759,882 5,469,531 + 25.4 55,918,724 51,622,742 + + 21.6 12,181,650,052 11,262,683,451 + 350,366,910 273.0129,418 1,258,494,511 8.2 1,530,072,137 428,020,464 390,518,029 + 9.6 53,575,129 + 27.4 11,822,122 10,904.846 41,905,427 2,049,111 1,507,605 + 35.9 16,102,889 14,721,384 + 134,847,029 + 21.6 1,346,330,156 1,254,008,719 + 7.4 163.934,741 II,071,327 + 17.3 98,583,799 90,667,570 + 8.7 2,915,298 2,288,353 12.994,215 + 9.4 58,844,098 — St. Joseph — Oklahoma—Tulsa Springs. C 8.3 534,938,039 Pueblo 460,118,973 + 16.3 4,286,908,114 3,782,748,799 9,010,387 + 34.1 96,514,525 80,963,752 + 19.2 + + 13.3 12,081,600 Denver—— Total (15 cities) 7,239,722 7,095,041' 8.290,760 152,264,359 + 18.3 Missouri—Joplin City— — 7.9 + 30.4 + 1.0 553.725 + 13.9 •+ + 29.8 — 899,763 742,95£ 890,820 + 19.3 6,861,243 Wichita / 625,445 650,074,566 Kansas—Manhattan—— .* City—- Hastings Lincoln 4.400.432 i 7.5 3,136.202 Federal- Reserve District—Kansas 8.848,946 1.4 — 19,028,115 2,522,217 Nebraska—Fremont 9.9 + 10.7 + 25.1 + 25.2 48,000,398 Total (16 cities). 83,454,003 294,-251,33*, 5.8 — 2,579,329 17,706,474 _ 96,110,274 5.6 + 21,676,873 16,699,950 Lewiston—,— + 15.9 + 4.2 10.7 + 21,822,172 Great Falls— 7.311,459 296,005,345 — 5.0 — 7.634.561 4.4 19.7 6,799.221 2.6 3,358,133.759 + 3,228,148 Colorado—Colorado 1,975.246 313,369,824 28,212,045 — Carthage 112,740,377 4.4 60,210,981 — Kansas 103,401,938 + 10,057,648,332 6.620,700 Montana—Billings—___ - 108,283,075 2.3 8.5 10.2 + 4,745,000 Sioux Fa lis - 26.6 101.789,075 + — + + 17.5 5,979,303 Parsons 280,300.000 2.426,774 1.4 11.0 — 4,738,000 Helena 9.5 8.2 5.1 + Minot South Dakota—Aberdeen 234,300,000 + 26.1 + 25.6 + Grand Forks Huron 276,700.000 5.8 + 14.4 — Tenth 303,100,000 10,799,657,683 District—Minneapolis- Minnesota—Duluth Fergus + 13.6 3.105,743,955 2,541,410,345 +22.2 24,614.049,780 22,289,424,072 + 10.4 552,194,063 431,665,330 490.640.449 27.9 + 1.305,043 2,009,233. 44.1 + 452,364,819 ;, " i Eleventh 'r Federal Reserve District—Dallas— Texas—Austin 46,650,405 31,990,398 + 45.8 332.646.615 270,866,561 8.612,431 7,715,475 284,303,084 228,391,080 + 22.8 + 11.6 8,093,696 7,012, Q9S + 24.5 231,616,492 203.851,009. + 8.0 26,167,791 26,932,110 + 20.9 7.022,000 5,298,000 4,433,122 2,922,341 + 22.8 23,541,125 18,245,895 + 29.0 183,611,548 149,537,443 1,276,085,282 1,028,981,740 + 24.0 10,449,640,773 8,997,570,195 + 16.1 El Paso.: 116,210,865 89,697,317 + 29.6 987,455,959 845,198,795 + 16.8 Ft. Worth 98,808.312 + 27.9 1,032,824,087 886,147,520 + 16.6 29,590,038 27,391,343 126,392,638 Galveston 24,532,000 + 32.8 228,142,000 218,856,000 + 4.2 7,370,000 6,095,000 32,586,000 1,083,557,184 896,481,942 + 20.9 8,582.634,616 7,753,169,283 + 10.7 Beaumont Dallas W Houston 6,064,956 Texarkuna Louisiana—Shreveport — Total (11 cities) Twelfth Federal 52,327,813 56,364,759 + 28.9 192,552,680 152,681,573 5,047,110 + 27.7 49,251,862 39,346,028 46,343,047 - 2.5 16,944,423 6,447,178 j,_. Wichita Falls 6,219,163 21,833,470 Port Arthur 45,084.483 2.8 380,315,710 362,465,386 2,785,712,150 Reserve District—San 2,262,032,783 — + + 23.2 22,471,403,663 19,732,203,543 6,298.071 Seattle Yakima 5,661,236 + 11.2 48A931,614 48,342,215 509.645,465 + 27.4 4,936,164.884 4,301,705,997 19,085,524 Oregon—Eugene ' 16,180.656 + 18.0 133,527,820 134.581,228 37.010,397 Idaho—Eoise 31,103,284 + 19.0 279,100.050" 246,681,568 Utalv—Ogden —. 11,726,000 9,235,000 + 27.0 83,873,000 72,030,000 854,397.630 __. Portland ! 7.2 — 4,739,662 26.1 + 4.225,930 + 12.2 + 25.2 10.638,927 9,965.376 + 6.8 9,955,757 9.729,500 4.9 + 13.9 345.259,142 283,784,204 + 21.7 237,288,358 255,745,047 + 14.7 153.464,379 118,815,498 + 29.2 124,439.809 0.8 4,830,336 3.810,153 + 26.8 4,291,641 4,648,443 135,411,945 136,962,057 + 35.4 144,925,616 131,403,125 77,916,639 52,326,782 + 48.9 56,206,044 + Francisco—• 649,436,384 Washington—Bellingham— ' 639.228,074 + 33.7 6,003,051,053 5,307,383,130 15,722,350 11,856.944 + 32.6 103,71)8,997 89,159,764 1.2 + — + + 16.4 + 13.1 + 16.3 271,460,835 236.893,560 + 14.6 2,191,767,297 2,062,114.498 + 6.3 65,179,723 49,409.003 + 31.9 566,119,709 535,001,500 + 5.8 California—Bakersfield City— 107,223,043 13.1 Arizona—Phoenix Salt Lake • 20,132,442 19,872,481 1.3 189,866,759 207,304,702 — + 8.4 Eerkeley 26,364,132 23,158,422 + 13.8 230,416,250 216,691,824 + 6.3 Long Beach 69.870,377 57,775,627 + 20.9 594,823,953 502.670,919 + 18.3 Modesto 20.938,619 18,592,345 + 12.6 152,921,171 145,314,935 + 52,783,933 M! fer-* Pasadena 47,471,347 42,403,628 + 12.0 430,209,799 369,893,329 + 15,404,371 13,194,054 8,144.001 + 16.8 10,177,970 3.9 7,690,170 7,629,163 •' ■ ; c 5.2 10.065,141 16.3 10,469,507 — 10.064.566 8,293,374 + 21.4 92,706,740 81,409,226 + 13.9 1,619,182,625 + 25.1 15,963,678,031 14.362,468,104 + 11.1 476,710.934 374,364,902 + 27.3 410,651,131 361,497,131 2,026,049,989 San Jose_ 53,130,088 + 21.4 470,501,523 406,736,728 + 15.7 14,723,166 11,776,273 + 25.0 13,875,233 64,506,724 11,073,237 Santa Barbara 17,979,307 + 11.5 165.257,616 151,526,574 + 9.1 5,298.257 3,860,394 + 37.2 4,540,115 20,051,127 8tockton. 43,223,215 35,961,601 + 20.2 337,144,532 302,678,993 + 11.4 9.953,209 8,395,348 + 18.6 9,547,707 11.6 953,778.377 733,974,968 29.9 ''>y&k\U5-,436 Riverside— San Francisco Total (19 cities) Grand total 4.278,989,452 + 25.6 32,973,770,798 29,543,695,234 62,634,204.109 + 18.3 617,686,793.811 560,737,722,626 + 10.2 17,602,955.470 14.254,553,179 39,694,155,734 fNot ixvoi 3,405,562,720 74,117,950,544 (184 cities) Outside New York ♦Estimated. 'jasiimatea. + 33,210.090.546 + 19.5 326,288,154,016 294,225,139.819 + 10-9 8,382,534,088 6,821.641,642 —f—, axanaoie. available. . a a Clearings for Montclair are now included in Newark Clearings. Cumulative figures + shown for 1950 are those for the first six montns. - Sfwrr 3,879,606 - 9,320,25* 697,606,943 — 23.5 14,085,102,688 13,161,099,557 + 22.9 7,055,102.916 6,376,415,498 + iVolume 172 Number 4951 . The Commercial and Financial Chronicle . . (1477) 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." Foreign Exchange Rales Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies to the Secretary of the Treasury the buying rate for cable transfers give below daily the different countries of the world. on We record for the week just passed: a NOTICE EXCHANGE RATES CERTIFIED BY OCTOBER 6, FEDERAL RESERVE 1950, TO OCTOBER BANK 12, 1950, Port Maine TARIFF ACT OF INCLUSIVE 1st & Noon United States gold % -4% % • Products Co., Money 3 970 bonds, due Transportation Milk Pag* debentures.-Oct 31 ~ Oct Argentina, peso— Oct. 7 preferred stock S Basic Oct. 10 •-$ V $ T Free Australia, Bank .200000* .133333* .133333" .0728666* pound franc Belgium, .200000* .133333* .0732750* 2.231573 Closed .0198321 Oct 'Brazil, cruzeiro .0544060 .0544060 .0544060 /945000 .945000 koruna India, Dominion Mexico, peso of, .00285625 rupee .208700 .00285625 .238379* .238379* .208760 .208700 .208700 -.TT5TO7 .115707 .115707 - • .262333 .0349000 dollar franc Closed peso peso .425531*t type upon Day .561707*t .561797*1 .561797*1 .425531*1 .425531*1 ((In ( thousands creased dollars) of Oct. 4, 1950 Oct. 12, 1950 21,087,429 fund for F. ctf. reserves Industrial Penn 256,156 advances 67,425 2,235 2,227 946 1,356.354 70,250 5.775,900 14.123,818 298,100 72,950 3,922.475 Govt, S. loans from and 3,824,475 7,538,200 19.506,752 securities. 19,374,897 17,778,624 securities.. other of Uncollected the Chicago District banks was increase net at all reporting $6,000,000. of Treasury Holdings indebtedness decreased $110,000,000 at all of reporting member banks; the principal decrease 000,000 in the Kansas City District. 19,576,412 19,421,406 17,888,303 24 24 35 127,334 136,406 103,945 banks.. items was $34,- Holdings of Treas¬ notes decreased $46,000,000. 3,023,518 3,110,408 36,144 32,828 assets 77,876 70.239 113,728 45,251,29.9 assets 45,253,568 sinking fund U. notes Borrowings decreased $101,000,000 in New York City a total of $124,000,000 at all reporting member and S, Treasurer—gen. acct.. 507,792 848,429 liabilities of reporting 287,269 301,104 689,264 Assets— - deposits 18,629,482 18,762,616 17,919,989 2,556,010 2,560,305 2,238,524 9,271 8,344 availability items— Other Iiab., incl, accrued divs. liabilities 44,336,862 44,342,957 chasing 43,533,249 in 220,884 220,790 488,173 — 488,173 Other 207,033 27,543 S. 167,224 Real accts. 45,251,299 45,253,568 Other 44,401,760 U. of Ratio to serves, note gold certificate deposit and R. 53.2% 53.3% 56.6% trial 24,369 make loans 22,583 3,670 indus¬ obligations 1,504 1,540 75 4- 4,829 + 77 + 4,913 + 200 + 2,500 189 — bills 5 + 33,694 ' 387 + 280 1 + 98 + 849 —40 + — + 19 The condition statement of of the Federal shows the following ended Oct. 4: 1st mortgage North Penn '5ViV<> principal of Government System in changes $151,000,000 securities, leading for in the cities week holdings $178,000,000 of Republic 6% deposits and Gover^paent deposits, and in demand deposits $536,000,000 increase of an credited to Commercial, preferred Standard Oil Western Fund, Francisco in and District, agricultural York City, A of California $15,000,000 loans in the in¬ in Atlanta due * _Oct 16 Nov 9 Oct 15 1136 1032 3032 Oct 1231 1235 31 Nov 1 754 1951—-Nov 1 1346 Nov 1 1957—.Nov 1 1951 bonds, due and B 2%% debs., gold bonds, 1346 : ' • 1347 Nov 15 due • 1966—Oct 20 3034 1951— due Dec 1 1350 DIVIDENDS (Continued from page American Metal American Share Products Maize Natural preferred American Gas, domestic Seal-Kap Smelting & 5% — 110 — 46 — 1 banks i $5 Anaconda 30 + 1,334 62 + 54 171 + 49 + — — 3 1,930 — 536 9,436 1,367 205 and deposit accounts, U. S. Govt, 254 15,423 banks Interbank — + 2,698 + 153 868 — + 699 + + 44 124 + — + 61 11 111 except Glass prior preferred 6% prior preferred $4.50 Clayton common Cotton Common Associated Amer. preferred will be found and common a list of stocks corporate bonds, notes, called for redemption, those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ including Electrical preferred ° 10-24 10-13 40c 10-16 10- 11- 10-21. 1 6 1-20 10-13 156'/4C 11- 1 10-10 $1.12 Vi $1.12'/a 11- 1 10-11 11- 1 51 $3 $15c J$l.l2Vi "J.2-18 12-23 12-38 12- 1 10-31 12- 1 10-31 10-24 10-25 30- 11- 10-16 1 5 25c 22 Vic II- 1 10-16 52 — —• — (quar.)— —, —.—— 12- 1 10-27 12- 1 52 30c $1.08% $1 $1 10-16 10-27 9-21 11- 1 10- 5 11- 1 .10- 5 11- 1 10- 5 Co.— $2.50 (s-a) preferred 11-10 '10-25 Co. 11- 1 10- 5 11- 1 10- 5 $1 11- 1 10-201 37Vic (quar.). Ltd.— (quar.). $1 933Ac (quar.). preferred series A preferred series B (quar.) Powder Co., 4% preferred A Plywood Corp. (quar.)— - 11- 1 10-17 +$1.37/2 11- 1 10-16 11- Proprietary, preference Nichols 9-26 5% 20c (interim) — ■ Wiborg 7 Fe Ry.— City convertible "J.2- 12-18 Ltd.— Industries (quar.) RR. I-2-51 Ltd.— & Santa Line 12-21 7 Vic Industries, Picture quarterly Coast 10-11: 12-23 Corp.— 3.75% Avco 5 10-13 (quar.)— Topeka non-cum. $1.20 11-18 10-20 Electric Co., com. preferred (quar.)— preferred (quar,).—— 2nd preferred (quar.)—— "5Vi% 1 10-20 receipts for ord, reg. Motion 4preferred Austin 12- 1-31-51 (quar.) preferred dep. Atchison, & 10- 50c (s-a) Associated Telephone Co., Atlas 9-25 1 5c Associated Atlas Notices 10-16 10-17 75c (quar.) Manufacturing conv. 4% 10-16 1 (quar.)——— Co. (quar.) Extra Redemption Galls and Sinking Fund 1 11- Mills—; preferred 5% 11- 11- $1.50 $1.50 Argus Corp., Ltd., common (quar.) 4Vi % convertible preference (quae.) 4% 9-15 Inc.— tquar.) (quar.) & preferred Arcade 4% 10-16 50c Co Extra Atlantic (San Francisco District). 10-16 40c 4.35% "September 20 ligures revised 2 —*— Anderson Increased 27,338 6 11- 30c Corp., Products, 6% accounts, during week 3 10- 75c $1.25 (quar.)__ (s-a) Cable & Hocking Post 5% 6 11- 10-31 Co.— Common banks demand Wire Anchor 6% 10- 11-30 $1.25 3,701 63 10-27 SI $2.25 (quar.) (quar.) 6,698 178 3 75c $1.75 com.— Co. common + r- 48.984 Borrowings to 10-18 1 Inc.— preferred conv. 6% adjusted— Time deposits, except government U. S. Government deposits Interbank demand deposits: deposits Foreign preferred Metals, Artkraft Debits 11- (accum.) pfd. — — + 11- 56V4C 15c (quar.) Lead & Smelting (irreg.) —: prior 'J.0-16 (quar.)— Zinc, Common 10-1-6 10-13* Co., — — 2,310 Refining Corp., 1 10-27 Appalachian Electric Power Co.— 4V2% preferred (quar.) 12,294 Banks Viscose 1 11- 20c preferred American 11- 3 11-15 (quar.) $6 9-20 —_ preferred Corp. (Del.) Superpower, 11-21 25c 4Vi% preferred 1 10-16 37Vic __— Screw. 1st t0- 12- 25c (quar.) (quar.) common Corp. tfolden 10-16 $1.12j/2 I2V2C common pfd. Insurance Co. (quar.) Co. (bi-monthly) News When Payable of Rec. 30c Co., Co., Ltd., 4'/2% American National Fire Anglo-Canadian Telephone Co.— 4 Vi % preferred (quar.) — 10) Per 320 6,244 6 792 Reserve — domestic $43,000,000 1 15 Telegraph Co.— 144 6,390 Federal Cash in vault Below New Nov stk...Nov Inc.— series stock, Co. Union 25-year 5% Ault industrial $108,000,000 Fago stock . 1,430 3,567 in in 3.239 . lien gold + — '."'1?' banks. San adjusted 1 CALLED gold bends, series B, Co.— Investors Atlantic States creased 5% Gas demand in • ...Nov — gold bonds, series A, due 1st mortgage and Atlantic Refining $699,000,000 the mortgage 5.50% balances with Federal Reserve Banks, $254,000,- reserve United Reserve Decreases States weekly reporting member 1 Co.— + 151 7,826 1,046 — 14 22,425 of — 9 + 2,397 indebtedness... 5 + + 5,609 certificates Domestic 000 Water Anchor 299 .... securities—Total 135 — . 5,061 — banks.. with 2,596 + 543 loans with + 1,892 Condilion Statement of Member Banks 3238 l974-_Nov preferred stock $4 cum. American Telephone & Telegraph dollars) Liabilities- United Robblns, Inc., 1st Ampco 986 notes Reserve 106 — 371 bonds S. Demand banks & Rochelle 6% loans Balxnce ._ of pur¬ Other securities correspondents to for securities Treasury U. Contingent liability on accept¬ ances -purchased for foreign dealers purchasing or carrying: obligations Treasury liabilities combined.... Commitments for Government Treasury re¬ F. S. and Government estate Loans to Total liabilities & cap. 1 & Co., Inc., cum. conv. 2nd preferred stock Meyer-Bridges Co., 4%% s. f. debentures, due 1960 American securities Other 27,543 174,105 millions 68,673 .___ Government loans U. 466,711 27,543 177,7)37 1349 Dec Merck American carrying: or S. Other Surplus (Section 7) Surplus (Section 13b) Other capital accounts 1949 15,925 brokers to U, paid ... loans Capital Accounts— Capital 1950 Loans—gross—28,589 Commercial, industrial, and agricultural 28,983 Loans Total McKesson 7% and Investment—Total Loans 12,355 Deferred 1977 preferred American Oct. 5, (In Loans—net Total 1 1978 bonds due ISSUE American or (—) since Sept. 27, 1950 557,790 Other bonds, due due 2nd Corp., American Phenolic dec. 554,057 987,259 1348 Dec Refrigerator Co., $2.25 cumulative pfd. Kansas Power & Light Co. 5% preferred stock Massey-Harris Co., Ltd., 6Vi% preference stock American of the assets and summary 16,118.878 1,045.193 Foreign 1348 Hussmann 6% A 23,362,381 16,625.824 1 Name of Company Inc. (+) 23,011,692 16,789,228 Nov cumul. pfd. stock.—Oct 31 Corp.— series, bonds Zellerbach Crown in all districts. increased Oct. 4, acct. • "755 tricts, and demand deposits credited, to domestic banks 44.401,760 23,142,099 bank—reserve 14 Oct 16 trust American Reserve . —Nov 1960 Date collateral Service Public in all dis¬ Liabilities— Deposits: Member due Co.— Co.— deposits adjusted decreased $267,000,000 in City, $70,000,000 in the Chicago District and $50,000,000 in the Kansas City District; and they in¬ creased $106,000,000 in the San Francisco District. member banks follows: Federal debs, York banks. Total 1.235 Demond New 2,651,430 36,494 premises 752 1 •Announcement In this Issue. United States Government deposits decreased foreign banks Notes Other ■ 14,164,018 Total Chicago; in the 4,166,424 Certificates U. of member ury Bonds Bank 108,733 securities: Notes R. 44,282 1,347,309 Govt, Total outside decreased $36,000,000 1 Nov bonds, due 1963 Electric mortgage New 23,355,335 213,983 loans F. 547,904 22,264,958 Bills: Due 525,530 198,074 and S. 22,807,431 22.211,567 cash de¬ Philadelphia District and $30,000,000 in the Boston Dis¬ certificates Total gold U. 21,739,428 524,138 Discounts securities R. notes other Government Dec 1978 Company and Issue— $135,000,000. trict, and certificates States 1 mem¬ purchasing 1949 Assets— Redemption United & ENTIRE $200,000,000 at all reporting Holdings of Treasury bills increased $34,000,000 in the Oct. 11, Gold total of Loans to brokers and dealers for carrying or Reserve Banks Combined X-i a fund Electric debentures 1st District and sink, due Revere Copper & Brass,.Inc., 5VV% Spalding (A. G.) & Bros., Inc.— 50-year 5% debentures, due 1989 Union Terminal Co., 1st mtge. 3% Wisconsin ber banks. * 1233 Nov Gas 3j/2% Statement of Condition of the 12 Federal cumul. preferred—:_Nov 15 par bonds, 2%% series due 1965 Co., $4.25 cumul. preferred stock cumul. preferred shares Service West merchandise. of 1344 1344 1 Narragansett Electric Co.— 3% Columbus .658327*1 .425531*1 . Nov Co.— F.) A.) 1130 .... Ltd., 4%%, $100 (B. 15-year 4V4% .229500 .658327*1 Rubber Co.— debentures, due 1961 mortgage (M. ser. Public 2.783750 f6583$7*t Cos., bds, Pillsbury Mills, Inc., *4% 2.800742 .561797*1 depends .229475 2.783750 2.800742 .658327*t tApplication .193314* 2.783750 30-year 2%% 1st mortgage bonds, series E 3%, National Vulcanized Fibre Co.— .328250 2.800742 2.800742 Day .0348571 .193314* .229375 2.783750 peso •Nominal. .0349000 .193314* .229290 Union 61 South 'Afriea, pound United Kingdom, pound sterling .496250 .328250 --.;3280»0 .193314* .140154* .496250 .0349000 .328250 krona • 1231 Hanna Columbus .140154* .496250 15 Fraser 2.772896 *•.496250 3.230 bonds, ser. J due 1976—-Nov Corp.— Steel 20-year 3% .262300 2.772896 •-",14011*4* 1129 1 1st 2.772896 Closed .140154* 1029 1 series A___Nov Goodrich .262300 2.772896 15 1969 Co., conv. preferred stock, Firestone Tire & .00285625 .262320 peso Settlements, Uruguay, Uruguay, Uruguay, .144938* .0200600 ; .238379* .115707 Philippine -Islands, "Portugal,- escudo Switzerland, .208500 .0200600 .144938* -.00285625 >■ .238379* Nether-lands, -guilder New Zealand, pound.. Norway, krone Sweden, .208500 .0200600 .144938* ' .144938* . France (Metropolitan), franc Germany, deutsche mark Straits .208500 .0200600 Denmark, krone Oct cumulative preferred stock__Nov debentures due Chesapeake & Ohio Ry. Co.— Ref. and impvt. mtge. 3 Va % .945892 .208500 Czechoslovakia, 1029 Atlantic Refining Consol. mtge. .0544060 .942656 15 1962 D, due 1996_Nov 1 Consolidated Paper Corp., Ltd. 1st mtge. 3Vic/o bbnds___Nov 15 Dodge Manufacturing Corp.— 15-year 4% sinking fund debentures, due 1962 Nov 1 Day .0196500* Canada, dollar Ceylon, rupee 1229 Oct due Betheleheni Columbus .0198285 Notes "*»§• 1 debentures American Viscose Corp, 5% 2.231573 .0198208 • 1349 REDEMPTION 25-year 3% .0725000* , 16 sink, fund debs., dvie 1964_Nov 20-year 3% .133333* 2.231473 .0198250 $ .200000* .0733500* 2.231573 American Bosch Corp., 3%% American Tobacco Co— Oct. 12 $ .200000* Preferential Oct. 11 13 Data PARTIAL Oct. 9- 1345 bonds series B due 1970--Oct Company and Issue— Oct. 6 • Oct 27 1955-1960 17 Co.— refunding mtge. 3%% United Buying Rate for Cable Transfers in New York Value-in 8% general mortgage 4 Corp., Co.— mtge. series L 3 Vis due Hotel St. George Corp.— 1930 Philadelphia Country and Monetary Unite Power lst UNDER Date Concession 1st TREASURY TO OF TENDER Company and Issue— Asuncion Central FOREIGN 45 & Co., convertible Inc., prior Mfg.' Corp.,' $2.25 ; (quar.) 10c ,30c (quar.)— 56'Ac common preference conv. pfd. 1 10-20 11-1 10-20 il- 10-16 1 46 The Commercial and Financial Chronicle (1478) Per ' Name of Company Baldwin Locomotive Baldwin Rubber Share Works Co. Bangor Hydro-Electric Basin Oil Bates & Co. Ltd., Power & Bathurst Class A Corp. Beaux-Arts $6 1st Home 1 11- 11- 1 10-16 Cockshutt Plow 75c ——$1.50 11- 1 10-20 Colorado Fuel (stock dividend) $1.75 $4c $35c 25% 11- 1 10-20 Colonial Finance, 4% %« pfd. (quar.)________ Columbia Gas System, Inc. (quar.) $1.18% 18%c 10-16 10-17 12- 1 11- 1 11-1 11-15 12- Combustion 75c 10-30 pfd. pr. 40c 75c 10-16 11-1 11-15 10- 3 ^ 9-29 10-31 $$2 12-15 /12- 9 10- 5 10- 5 50c 55c 11- 1 11- 1 11- 1 11- 1 $1 10-16 9-30 37 %c "*7%c 12Vic 11- 1 11- 1 10-20 10-14 10-14 10-10 11- 10-16 (quar.) Inc. W.) 7% Boston & Boston 6% pfd. 11- 10- 10-16 Concord 9 Gas A Confederation Quarterly 10-24 10- 6 Connecticut 12-15 12- 9 $1.90 preferred (quar.) 47%c 10-11 $2.04 preferred (quar.) 51c 11- 1 11- 7% Trust Rubber & (Mass.) Co. 10-13 10- 1 Consolidated Car 10- 1 Consolidated Chemical 11-15 10-16 11- $2 preferred $2.20 $-25 Class A Class B 7% Consolidated 9-29 Consolidated Dearborn 11-11 Consolidated Edison 11-25 11-1$ & 11- 1 10-14 11- 1 preferred 9-30 all 10-16 11- 1 10-16 $$28 : 1 $$28 clear 11- 2- 1 1-15 5% pfd. 5% 10-18 50c 11- 10- 90c (quar.) (quar.) 10-27 10-31 1 9 Steel Products 10-13 10c Forge 4% preferred (quar.) 10-10 10-19 10- 50c Co Inc., Buvnham 10-25 20c Corp Company Bullock'sl, Power preferred 10-26 10-16 11- 10-12 $1 ______ Corp. 1 10-10 10-28 10- Class B J40c 10-28 10- 1 Burry Biscuit Corp., $1.25 preferred (accum.) 32c 11-15 11- 3 Bush 10c 11- 10-20 Crown 25c 12-18 12- Crown 25c 11- 1 10-12 $1.75 11- 1 10-12 Butte Copper & Zinc (A. Corn (irreg.) Co., Company, preferred (quar.)_; Corp. „ common M.) Financial _. common (extra 6 $1 1st 2nd Mills, Ltd., (s-a) 10-16 preferred (quar.) participating preferred California Electric Power Co., $3 California Oregon Power, preferred preferred Corn 7% Cork California Portland consented to Zellerbach (Entire Nov. Insurance preference Canada Foils, Class A Class A 9-30 10-16 11-15 10-31 11-15 10-31 Power 10-25 10-18 11- 1 10-20 12-20 11-15 11-15 10-31 $30c 10-16 15c $50c Ltd._ 10-16 $15c (s-a) 9-30 Canadian Bronze preferred Class Davenport (irreg.) Dayton Canadian Foreign Canadian Industries, Canadian 4 % % Oil 1st Canadian Ltd., Companies. preferred Delaware Uti'ities, 1 1 9-30 10-28 10-14 11- 1 10-10 11- 1 10-10 12-15 11-18 9-30 Carolina, Clinchfield Carolina Power & Carpenter Paper Co., 4%.preferred Celotex 5% Corporation, Aguirre Central Coal 9-29 11-15 10-14 1-15 12-29 pfd. Ry. Co., (quar.) $$1.25 (quar.)___ $1.25 50c com common 5% Discount '. (quar.) 50c (quar.) Coke Co Gas & (irreg.) Electric 10-27 10-20 10-10 Ohio Steel Central Paper Co. Central Soya Products 12-18 12- 11- 10-20 1 1 Co. Chesapeake Corp. dividend shares Co 10-31 10- (N. of 9 10-16 9-30 11- 1 10-16 15c 11- 1 10-10 12- 1 11-15 10- 5% 10-31 10-16 11-15 11- 3 40c (quar.) 10-16 11- 10- 6* 4 the the 25% stock 1 number dividend convertible Chicago Chicago Allerton Corp. Chicago Yellow Chickasha (quar.) 11-15 11- 4 Cotton 1 10- 6 1-15 12- 6 11-10 10-16 $1.37% 1-2-51 12-15 11- 10 15 Mfg. Gas 30c Clearfield & 30c & l__ Electric Mahoning Ry. & Co (s-a) 10-20 11-25 10-20 11- 10-20 (A. 12-20 12-20 10-19 10- 9 10- 9 11-15 11- 1 $35c 10-20 9-29 $21 10-16 9-30 (s-a) J. $1.25 ■' Fuller (D. B.) 10-13 1 10-23 9-30 $12'/2c (quar.) 11- 1 11- 1 10-14 $$1.12% Co., & 11- 1 10-13 25c 10-31 10-13 55c (quar.) Malting Co., com. (quar.)_ 10-31 10-13 Inc.-f 2%c 5% Company, 1-2-51 12-18 12%c 11- 1 10-16 (quar.)____ 30c 12-20 12- 1 (quar.)_ 62%c 10-31 10-17 35c $1 10-20 11- 1 10- 5 10-20 $1.06V4 11- 1 9-*8 60c preferred 10-25 10-10 Gair 10-10 Gamble-Skogmo, Inc., 5% 50c 10-25 10-10 Gardner-Denver 10-20 10-10 4% 12-27 12-20 General 6% Co., 10-25 9-22 pfd. conv. 10-25 (Robert) , 10-14 Inc.— Investing Co., & Common 10-11 11- 50c (quar.)_^_ $3 Grain preferred Gabriel 11-24 10-19 — Ltd., common F.) 1 15c 20c Ltd Co common 10^20 12- 12'/2C ______ — Ltd., J.) 1 ,11- 1 25c (quar.) (quar.) Sixth West (Fred $2.20 11-20 12-25 12-25 12- 11- 4 1 1 10-16 (quar.)— 8c 10-16 10- 11-15 10-16 $1.50 1-1-51 ( 9* 12-20 2 12- 1 10-25 10-10 30c 10-16 9-29 15c 10-20 10-10 Dominion Coal General 10-25 10-11 10-16 8-31 $3.50 $5 15% Fabrics, from 3%c $37%c net from net 11- 1 10-14 6c 10-25 10-15 10-16 9-30 $4 11-15 11-1 General 11-15 11- General Glass Ltd. & pfd. Co. 10-31 $38c 10-27 9-29 $$1.50 11-15 10-31 11-1 10-16 11- 10-16 $37%c (quar.) Gillette 1 $$1.12% (quar.) com. 10-16 $25c 10-16 (quar.) Linoleum $25c 11- 1 10- 11- 1 10- Dominion Tar Common & 10-31 10-16 9-15 $25c Co., 10-27 9-29 & 7% Worsteds 11- 1 10-16 $12%c Ltd $$1.75 10- 11- Co., $4 preferred A 2nd Co. 4% $5 10-16 (E. I.) de Nemours $4.50 preferred Supply Co., 10-30 10-20 (quar.)_ 75c $1.25 10-25 1 10- 9 10- 1 25c 10-25 10-10 —.* $1.12% 10-25 10-10 50c 10-20 10-10 11- 10-16 * (quar.) (quar.) 4%% 10-16 10- 2 10-16 10- 2 11- 1 10-16 9-30 10- 5 56'/4C (increased) 50c 11-30 50c 2-28-51 15c 11-15 Co. (quar.) 1 10-16 10- 2 11- 1 $50c 10-31 10-10 $1 12-15 11-15 $1.25 12-15 11-15 25c 11- 1 10-16 75c 11- 1 10-20 $25c 12-15 11-25 (quar.) 25c 11-24 (resumed) 25c 11-21 25c 10-20 9-29 56%4C 11-15 11-1 (quar.) preferred Hosiery & A Co. Gray Union $2.25 Great preferred American Ltd. _— Co. Co. Grayson-Robinson , (quar.)_ Company, (quar.) Mfg. (quar.) com. (quar.) Batteries, Inc — Stores, Inc., com. (quar.) (quar.) Insurance Co. (N. Southern Life 10-10 Green (Daniel) Co. Green (H. 11- 10-16 Greer L.) Ce.f Hydraulics, Insurance Co., Inc. (quar.) preferred 6 . 10-16 * 9-20 40c lz-i» 12- l $2 common (extra) 5% 6 11- > 30c 10-10 11^ Y.)— Quarterly 10-25 1 2-14 11-15 10-25 17c 11-16 11- 15c preference Great (quar.)__ 1 $2.50 87 %c Co.— __ 11- (quar.)__ pfd. common common $1.12% & (quar.) & 10-18 10c f convertible Class 2 20c (quar.)__ preferred Metals 10- $30c $3.50 Co., 10-14 10-16 81»Ac (quar.) 11-15 $i (quar.)l 10-18 ;— common Co. & Corp., Rubber 2 60c Co., Ltd Furniture H.) 9-15 $$1.12% (quar.) preferred Dryden Paper (quar.) 11-15 10-31 10-6 preferred (s-a) Grand preferred common 10-16 10-18 10-18 11-15 Tool Goodyear Tire & Rubber Co., Paper, Ltd.— convertible Chemical 11-15 10-31 11-1 (quar.) American Grafton 1 9-29 9-29 9-29 $$1.25 common preferred Gotham (quar.) 11- 1 11- 1 11- 1 (quar.) common Co., (quar.)__ Gould-National pfd. $1.50 $1.37% $1 Goodyear Tire & Rubber Co. of Canada, Ltd, Ltd.— $25c Co., Ltd., 11- 1 2- 1 $25c — Ltd., Machine Lewis (P. 3 Corp.— (quar.) Dow & Brothers, Goodall 6 $$i Chemical 11-17 30c Extra (quar.) . 8 11-15 2-15 62%c 87%c — (quar.) McBean 5% 10- 12- +25c preferred Globe Ltd.— Co., 10- 9 10- 9 6 $40c Coal (quar.) (quar.) (quar,) Gladding, 9-28 $$1.25 com. 1 1 (quar.) common Wares, 9-28 10-16 $6 pfd. Common Corp class B $5 $4.50 9-25 $35c Ltd., & & Utilities Corp., Safety Razor Gimbel Ltd.— quar.) 1111- $1.50 $1.50 (quar.) preferred Giddings 10-10* $1.25 93%c Extra 5% $20c (quar.)__ (s-a) (quar.) Steel Ducommon 11-24 Steel 9-30 11--1 \ , (quar.)__ preferred General '/ (quar.)_. Glatfelter (initial Dominion Square Donnacona 11-15 $40c common.. Steel, 9-30 12-1 — Co.— (quar.) Public Shoe $3.50 Ltd.— (quar.)_ 6% 10-30 $$1.25 Ltd., Oilcloth Common 1 - 10-20 50c (quar.) Advertising preferred 20c 10-25 lO-lO* 1 1 -50c (quar.) Public Service Corp., preferred _1-1C 1111- 6c (increased) preferred $5.50 • Corp. Outdoor General 60c 87%c (quar.)— (quar.) preferred 6% secu¬ _! Dominion Malting Co., Ltd., 5% preferred (quar.) Pont Motors preferred 6% — 11-10 11-25 11-25 $1 (quar.) (Boston) Trust Inc. preferred Common in¬ 10c preference preferred preferred Drexel Mills, General (quar.) (2%c 25c (s-a) C common (quar.) Investors $3.75 Co., Ltd.— Corp., preferred General ordinary for ___ Ltd., Dominion Foundries $3.25 Foods General Co., convertible 4% % Corp. A (s-a) convertible preferred $2 Engineering Works Ltd. Dominion 4%% Finance (quar.) preferred 5% 4% General Investment, Co., Transportation Corp.— series A Co.— 6 pref. (quar.) American Electric 2 receipts (quar.)— common General 11-15 preferred preferred Y,_ 10-19 45c 10- Co., preferred $4.25 1- (quar.) Bridge Dominion 7% 10-31 $17%c Angio preferred Dominion Du Co. 11- 1 15c preferred 11- Ltd Mines, Dominion Woolens 20c Clarostat 7% 20c Dominion 6 Cincinnati French 11-15 quarterly 11-17 1 6- (quar.) 6 Manufacturing Corp.— Increased 12- 7-16 A Dodge Textile 25c Class 6 10- 1-15-51 (quar.) Dominion 7 (quar.) - preferred (quar.) 4%% $4 and Stores 9-16 3- common Dixie-Home 10-21 4-16 Co., common-. ;____. 10-10 25c City Investing Co.,-common 5%% preferred (quar.i 10-13 (quar.) Canada, of Co. Telegraph Freiman 50c A income 1 25c Quarterly Co., Inc. 11- 25c Stores class 25c (quar.) 11- 1 Corp.— Co.- Companies, (s-a) N. 10-16 Quarterly City of 20c Co. Oil 11- Special I vestment * (quar.) 10-27 15c Products Cab 87%c $3 (quar.) Co, Brewing Kleiser 5 9-15 25c (quar.) rity profits.) Dominion Hotel (The) Molded Chicago preferred 10- 75c Quarterly 50c Chesapeake & Ohio R.v. Co— 3%% Stove Shares, Dominion increased 93%c common General Co.__ Co. (final) conv. Dominion Virginia— on after Y.) $1.50 9 10- 25c dividend) 10-16 10-16 30c (quar.) Tunnel Corp. Dividend 2nd (quar.) Chase National Bank Mfg. Co. registered 5% 10-31 90c Yard Distillers Co., Ltd.— American deposit 4 50c (stock & Co Extra $1.50 Light & Power— preferred (quar.) 9-29 -. & Four-Twelve 6 10-10 1 25c 37 %c Corp. 11-15 11- 25c . Light Stock preferred Detroit River Dome $1 common Sugar & Hudson Central of 10-31 $25c Ohio 3.60% Cash $20c (quar.) Central Central 10-12 (quar.) preferred Central 11-15 $$1.12 % Ohio & Light 9-29 12- 1 10-31 $1 35c 15c Dishcr Steel Construction (quar.) 5% 10-16 1-2-51 10% '..5c 25c 10c 1 & Edison $$3 iquar.) Ltd., Power Gasket 9-29 (quar.) 12- 1 10- 5 — 15c (quar.) common Phipps Stores Detroit 10-16 com. Pitt Franklin 12-18 11- 9-29 10-20 quar.)——_________ 25c Co., Vilbiss Co Dean Detroit $$1.50 com. Ltd., 10- 10-20 $1.25 10-16 Corp.— preferred Wallace, & Foundation 10-20 10-25 9-29 65c (s-a) — Froedtert (quar.) (quar.) 9-20 (extra) Investment A 9-22 11- $70c Fairbanks-Morse, Ltd.— preferred (quar.i_____ 11- 6 '/2c %c 10-16 10-31' Fran.) Machine & (increased 12-16 11-15 — . 10-13 50c , (quar.) Gear convertible Foster 11- 8 - 10-16 10-31 ' — Shares______. Extra Extra 12-29 50c __ preferred Inc. (N. Y.) 11-1 %c 5% Brothers, Rubber Class Canadian 6% 60c 12- 2 93%c Securities Corp. (N. Y.) Water, 10-16 11- $$1.25 com. Common >50c , 10-24 11- 1 $1 Chemical & preferred 10-16 %c 10-25 $31c Ltd., (quar.) A (monthly) Union $25c Co., common (quar.) Canadian Dredge & Dock. A A Denver $40c (increased) class 11-18 65c (Stock dividend) Brothers Fraser $2 $0% Co Funu Trust Machinery 11-15 25c (quar.) 12-20 9-30 9-30 10-11 10-11 10-17 12- 1 (quar.)_ (San Corp., $2 preferred York 10-16 $1.12% (quar.) preferred 10-16 10-31 10-31 — Co. Rubber & Fair Stores 10- 5 10- 5 10c (monthly) (monthly).— 9-30 $121/20 Ltd. Corp., Detroit-Michigan ;_i_. Bakeries, 9-29 $2 i. $1.25 62Vic $1.06% 25c 40c 10-31 $15c (quar.) B A 11-17 Cordage Co., Ltd.— Canadian Class 10-10 11-30 Mutual First 10-17 $$2 (quar.), 12-16 3-16 10-16 -—-—,— Tire First Fort Extra $10c Corp., 10-25 1- 2 4- 1 75c $1.50 - Insurance Food Forbes Corporation, common (quar.) 3%% preferred A (quar.)___ Davidson (quar.) 1 $50c j Dana Class 50c 11- 90c $1.75 I 4%% Clothing, Dansker Realty & t$1.50 (quar.) (quar.)— 9-30 9-30 ; Fund Firestone 3%% (quar.) (s-a) Curtiss-Wright and ; Steamship Lines, Ltd. Western I 10-16 10-16 62 %C common Northern Corp. 9-30 De Ltd., Canada class Culver 10-20 ___ 10-16 10-19 12-11 6 — Ltd Co., pfd. 40c $32%c (quar.)____ Coal Pass Forster, 8% (quar.)_ (quar.) Canada 5%< Nest & Curlee (s-a)__ 12-15 66 %c Cunningham Drug Stores (initial) Y.) 1 1 (quar.) preferred prior Fireman's share plus this div¬ per 10-13 Association com. $102.50 10-14 (stockholders Canada Iron Foundries, common 6% non-cumulative preferred Canada 10-14 $4 11-20 8 2nd preferred redemption on $4 for 1 ten-for-one Ltd., at Corp., called issue 1 Ltd. Co., 1 change par value to $10). This payment is equivalent to 40c on the new shares Fire 1 62%c stock Cement) Co., 11- $1.75 Cement split Seal & 11- (quar.) 12- 1 1-2-51 50c (quar.)_ (N. Refining Co., com. preferred (quar.)— 10-14 $1.50 com. 11- 6 11- 111- Inc.— Quarterly 8 1 $1.17% California Packing Corp., 5% preferred (quar.) Y.) Co. Products 11- (quar.) 11-20 Products Fidelity-Phenix Fire Insurance Co. 10-27 11-20 11-10 10-10 10-16 —-— Fidelity & Deposit Co. of Maryland 12-8 75c 75c (quar.) preferred <N. Trust — $20c (quar.i„_ 6% 11- 3 $1.13 preferred Co. Bank (quar.) (quar.)__ pfd. common 7% 4.70% 50c 9- 11- $37%c _____________ 11-15 10-25* $20c common Fibreboard (quar.) (quar.)—_— (increased) Corp. Corp. dividend Stock 2 (quar.) preferred convertible Enamel Ferro Foote Crum Linen 10- $1 4%% Insurance Exchange Quarterly Crows Calgary & Edmonton Corp., Ltd. Caldwell 10-16 12- 12- 1 11- 1 11- 1 $25c 25c $1.50 18i«c (quar.)_ common Quarterly (quar.)_ Co., (quar.) preferred (quar.)_ Finance, Fedders-Quigan $1 quar.) idend) 11-15 $5c > 4 9-30 10-10 10- 2 1- 2 10- 2 12- 1 Insurance Co. (Syra¬ preferred A (increased quar.) Department Stores, com. 5% Food Continental 10-26 Co. 10-16 10^25 10-16 $1 Gin 6%? pfci. Federated 1-. 2 10-16 1-2-51 (quar.) Services 10-6 11-17 11-20 10-17 9-30 Quarterly 10-16 12- 1 10- 2 10-31 10-31 1.1.25 (quar.) — 4%% Traders Life 11- 1 $1.12% $1.13 (quar.)_ preferred 20c Terminal cuse) pfd. 20c common Brewing, 11-15 $50c $1 50c (quar.) common (increased Continental $40c 1 Inc., Farmers <te 6'A Extra 4% Falstafx Ltd. (quar.)— of America— Corp. Common 9 Ltd.— Co., preferred $4.52 A Company, Mills, Equipment A (quar.) Ltd., 5% pfd. Mills, Eversharp, 30c (increased)— Inc. (s-a) $4.50 Class & Textile preferred Consumers & preferred Esmond 4VV% dividend Container Buchanan Co., 10-16 30c $35c 25c 10c Co.— 15c 8c —— Consolidated Vultee Aircraft Corp. (year-end) arrears. 50c Co., Inc., $3.60 pfd. Textile Consolidated Corporation, $5 10- 5 10-16 10- 2 $2.50 $2.50 Derrick Erie Railroad 10- 5 10- 5 11- 1 10-16 10-31 10-16 15c 30c (quar.) — Ltd. (reduced) Co. (resumed) (s-a) Products, Equity 1 (s-a) 10-16 10-16 ,10-16 10-20 30c Heating $1 Inc.— 10- 2 11-1 11-1 11- 1 <quar.)_^_— Associates Group & 20% Royalties, 10-16 Extra ! $1.25 (s-a) Gas Co. Gas Enamel Federal (quar.) preferred (quar.) Royalty Oil Co. Stock 1 25c Corp Empire Southern Y.) Consolidated Consolidated $$1.75 (accum.) Partic. 25c (quar.) (N. Millwork Empire Fairbanks Company, Corp Corp. Co. Natural Consolidated 10-14 10-16 Ltd.— Co., — Brockway Motor Co._—„ Brooklyn Union Gas Co., Shoe 40c Paper payments $5 Consolidated (accum.) above $1.30 Coppermines 10-20 11-25 — s-a)—-—_ preferred iquar.)__—$1.12% Elastic Stop Nut Corp. of America— 15c Elmira & W'iiliamsport RR. (s-a)__ $1.19 Emerson Radio & Phonograph Corp. (quar.) 25c Inc.— (quar.) 50c $25c (accum.) preferred The Camden Industries, (quar.) 10-10 I (quar.)____ 12-1 10-16 10-14 11-15 12- 3 4%% Emsco (quar.) Heating 12-15 11- 1 10-25 11-25 12-15 (quar.) common Employers (quar.) preferred $1.50 $6.50 15c 15c 15c ————— — Co., 10-17 10-13 • .___.—— (increased Electric 10-27 11-8 30c > ____. -II Sault Products Ekcc Power— & 10-16 — (quar.) (quar.) Pulp preference Canada Light (quar.) Monthly Monthly (Toronto)— ___ 1 tlOc preference 80c Association 11-15 35c Hydraulic Columbia $1.50 Lile 10-31 70c (quar.) 7% H.), 10-13 10-21 1 37%c (quar.) (quar.) CIT (N. (quar.) 7% pfd. (accum.) 11- $3 B Byers Co. Co. 10-31 7c Property Class Burns Edison preferred A Edison Inc.— Inc $1 (quar.) (quar.) Hose Class Buffalo Hotel, Commonwealth Roofing Co., Ltd.— Bridgeport Buda Engineering-Superheater, 10-13 1 25c Corp A Special Brantford Brown Corp. Ltd _______—._ Increased Commodore Iron 25c Woven 7% 0 9-18 25c Quarterly British 0 2- (quar.) & (quar.) preferred Mines, $1.50 (quar.) Corp., common Personal 11- 7% Gold Co., Ltd. 15c (quar.) class Co. 1 10-16 25c •_ Co., Brass Company, Edison Boston Willians 50c 50c quar.) (quar.) preferred (s-a ) (George W.) Corp. Borg Inc Works. Water Cochenour 3-1-51 15c (quar.) Company Aluminum Ami Bondstock 3 $50c (quar.) (increased 6% Ry.— 6% preferred B (accum.) Edgewater Steel Co. (monthly) 6 Payable of Rec. 2% 30c (initial) Kansas Massachusetts Street Eastern 10-16 12%c Clinton 50c Inc. 10- 2 9-29 11- 1 10-16 10-20 10-20 12- 45c S3 Brothers Tobacco (E. Bohn Bon Co., Stores 10- $50c (quar.)_ Appliances, Shoe Foods, Bliss Coal 10-18 $1,12% (quar.) Corp. (quar.) preferred Extra (stock dividend) Utilities, Inc. Corp. Eastern 10- 4 10-20 12- 8 10- 6 10-10 Works— Watch Bloch $4.50 Clinchfield Duplan 60c 10-12 15c Bendix —- Co., com.: 1 : Benrus Best 2 10-31 11-15 1-2-51 10-18 Louis St. (quar.) 11- ____ Telephone Co. of Canada Iron & $1.25 50c preferred 25c Chicago Cincinnati, Ry., 5% Holders When Per Share Name of Company Payable of Rec. 10-21 Quarterly Quarterly Berland 10- Cleveland, Cleveland Electric Illuminating Monday, October 16, 1950 . . Holders Share $50c (s-a) A preferred Belmont 10-20 When Per Name of Company 10-16 10-16 Ltd.— Paper, Apartments, 10-25 10-25 40c (quar.) common class (quar.)_ Belknap Hardware «fc Manufacturing Bell 10-10 10-31 10c 10c Co., $1 (quar.)__ : 15c Holders 15c _ (monthly) Innes, Baystate (quar.) (quar.)__, J__. Extra When Payable of Rec. . 10-16 10- 6 11- 1 10-16 10-27 10-17 50c (quar.)____ 31 %c Volume 172 Number 4951 The Commercial and Financial Chronicle ... -Hi t (1479) Per Name of Griesedieck Common 5% Company Western Share Griess-Pfleger preierred Tanning (quar.) Mutual Mobile Gulf $5 Fund Ohio & Y.) (N. (quar.; $3 (initial) $5 preferred preferred Co., Oil Handmacher-Vogel, (quar.)__ Harris Inc., common 15c (quar.)_ Co. ance Light Co. Steam Henke t & Piljot, Common Common Kokomo 12- Kress 10-30 11-16 Co., Kroehler 11-3 Chocolate 4%% 4%% preferred 11-15 10-20 11- 10-13 1 10-16 10- Manufacturing Hotels 4% Corp., convertible Hines Lee Hoffman Lerner Stores Leslie 10- 10% 10% (quar.)_ 1-15-51 1-15-51 11- 10-25 11- 10-16 1 1 53%c 11-15 11-15 Co. (quar.) Lumber Horn (extra) Lighting Hudson Power 4.08% 5% 12- 1 9 11- 1 10-18 11- 1 10-11 Cigar 10- 1 10-20 M. 20c 11- 1 10-20 4>A% 12-30 10-20 1 11- 1 preferred International Common (quar.) 7% Nickel preferred 7% preferred ($5 International (Formerly 6% 2nd Swift Investment 6% 11- 1 10-10 Mar-Tex 1* 1 9-19 Common 9-27 5% 11-1 11- 1 1 10-14 10-20 (entire 25c 12- 9 11-30 Nov. 12-30 10-31 10-16 9-15 t83Ac (initial) Stock 4% 40C common (quar.) Inc , 10-16 10-16 B Co., k (quar.)__ 11- 1 2nd for 1 Mutual Fund, Extra 10-31 11- 1 Merck Kobacker Stores, $1.37% 1 Kansas City 3.80% 1 11- 1 10-25 1 9-20 4 10-31 11- 1 Stores 2%% 12- 9-20 9-20 pref. $24c 11- 9 prior to preferred class $1 quar.) , (quar.) 11- 1 at ing Miami 11- 1 11- 1 1 11- 1 $1 20c 2c Ltd., 4% 11- 10-20 11- 1 11- 1 pfd. Ltd. of Oct. Bridge 10-17 11-15 12- 1 11-15 9-3C 3-19 plus Ohrbach's, . Oklahoma 5'4% Gas 11-10 25c 10-18 10-16 25c 10-16 9-29 10c Cc.__ 10-25 10-13 9-26 20c all 10-16 10-20 9-30 57 %c 11- 11-1 10-20 50c 11- 1 10-13 11-1 10-13 preferred arrears)— (quar.) Life 10-16 1 171/2c com.— 1 11- 2834c (Minn.), 11- 37%c (quar.) 4.60% Co. Insurance 35c 4.50% pfd. 1 (quar.) 11-10 11- 11- 1 10-10 10-30 3334c 10-16 2t)c (Savannah, preferred A 10-20 Co. (quar.) Inc. Ga.) 10-10 3 — 56'4c (quar.)_ 12- 9-30 11-15 1 Okonite $50'Ac 12- 1 11- 1 Oliver Corp., 1- 2 11- 1 Oliver United 11- 1 ' k Filters, 12-15 11-22 Common 10-31 (increased) preferred Elevator 10-16 American Pacific Coast $1.25 Pacific Terminals Corp., & Pacific Portland 11-17 Pacific Public $1.06'A 10-31 10-20 25c 10-19 10-13 $37 %C 10-25 9-29 Packer $25c 10-25 9-29 Pan American $1.15 1- 2 12-15 $1.56 11- 1 10-1-4 12-15 11-15 Power k Light Co.— 4% Company, Ltd.— -4% Co. 9-30 10-31 10-10 3 10- 2 11-1 10-1* 11- 1 lO'-l* 11-1 10-14 50c 10-16 (quar.) 9-29* $1.10 Co. 10-16 9-20 $1.12V'a pfd. Co. 10- 10-16 $1.25 . 10-16 9-20 25c 10-25 10-1* _____ (quar.)_ Cement 10-16 31lAc iquar.)_ (quar.) (Calif.) — Transport 10-16 10-25 10-16 50c 10-16 32'/2c r & 1 25c (quar.) (quar.) (quar.) Co.— 11- ' 50c (s-a) 11- 10-10 - 1 10-20 Companies— preferred Extra 10-16 $1.25 iquar.)— (quar.) Petroleum preferred Paragon $4.40 Service Corp. pfd. (quar.) preferred Packard-Bell Paraffine 6 25c (s-a) 5% Electric preferred 1st 10-20 1 50c (irreg.) sinking fund series Lighting, $1.30 10- 11- 12%C preferred Gas 10-16 10-28 10c Fisheries _i preferred 12-22 10-16 50c Co Finance 11-20 11-15 11-15 $1.25 Paper 12-29 6 $$1.75 ; Co Oxford 9-15 I $$1 (quar.) Company 11-30 $50c 10-18 10- 37 %c - 10-17 10-16 11- 10-16 10-16 rlutr A 1 10-31 11- $1.12% <qu&r.'| class $1,121/2 50c 1 pfd. Inc., (quar.) Products, Ltd.— 1 (quar.) 25c preferred 2 10-14 10-30 25c Steel Extra (quar.) iquar.) 4V2% 10- (quar.) Pacific r 62Vic 9-30 1 11- Ontario CO has <quar.)_ Co 10-20 " Olympic Radio & Television, Inc. (increased) 1 Pacific preferred $1 : 10-11 hear¬ (quar.) Electric Company $1.3114 ._ Holding—— Gas »—• 0 Outlet (quar.)____ (quar.) 10-20 Otis 40% Electric— & preferred Service 12- Semi-annual 10-16 2-15 11- Mitchell fRobert) 1 5-15 5c preferred 11- 3-1-51 $1.22% W 9-30 6-1-51 10-18 (quar.) 4.60% 10-16 Co.— common Co., $2.25 Pacific Court Paper 9-30 2%c 56'Ac (quar.) Ontario 9-30 10-16 56V4c preferred Power Co., 10-20 (quar.) $4.50 Extra 1 10-16 (quar.)_„ 10-16 Mississippi Mississippi 11- A 1 div¬ dividend 4 >4 % 9-30 9-30 A 1 k 10-14 preferred 11- Rhoades, 1 10-16 preferred 5% Co. 11- 10-16 9334c clears Co. Inc., $1.10 Abrasive 10-20 15c Minn. (quar.) & 1 $2.25 7% this stock pfd. 11- 15c 11- 25c pending common 11-10 $12c Irregular Oklahoma 2. Co., (quar.) Ltd (quar.) Pharmacal 10-13 dividend) above 1 11- 1 $1 ___■ Co. National 1 (quar.) postponed 9 11-15 12- 22 %c Inc., Engineering 11- 33 %C (stock Oil Power payment 50c (quar.) Co. 10-17 10-16 12-18 2nd preferred— share 3 10- Association— preferred preferred Ohio Co >1 (This 10-13 25c per 11- 9-30 20c Airlines, 1 37'/2c $4 3 11-15 10-23 $1.1834 (quar.) Corp., States 50c Minneapolis & St. Louis Ry. $1 - Northern Northwest preferred Miller v preferred (quar.) Illinois 11- Co Minnesota 1 *-2-51 (quar.) $106.75 on Mid-West 2 12- 9-30 1-2-51 SOc i 10-20 85c (ouar.) 10-16 11- Ry. Co.— convertible 75c 10- 1 1 9-30 10-16 11-15 $2.25 1 10-16 11- 11- 10-20 10-30 50c $1.50 S4.90 9-30 10-31 10-14 9-30 11-15 25c (quar.u, Fund, 10-14 10-16 10-16 75c interest Co., Electric Texas Oglethorpe 1 1 5 10-16 $$1.25 (quar.)_ Engineering Works $4.40 10-20 343/»c _ (quar.) (quar.) 20c (quar.) (quar.)— Central Northern Shoe . Co. & Refractories Nunn-Busn 11- 4 $$1 (quar.) (quar.) 10-10 11- 10- 10-31 Company— 1 $15c 50c $1.50 (quar.) iquar.) (quar.) 11- Michigan Gas k Electric Co.— 10-16 87 %c pfd. A (increased) Stores beneficial J.) Minneapolis, 25c 10-13 11-10* 9 10c (quar.) Light Co. (quar.) Telephone Gas Northwestern (quar.)_ 1 10-16 53V8C Extra re¬ 11- 12- 47Vic (quar.)__ preferred preferred Northwest stock up to and day Mines, of American 4.60% on 9-29 9-27 $1.25 Co. Edison Western Increased Northern 10-16 10-16 10-20 10-16 10-20 Fund— (J. ' SOc Co. Company, Payment 10-18 North 10-20 1 Inc.— preferred & $$1.00'/a Common 10-10 933Ac (quar.) 11- 3c Kansas City Southern Ry., 4% 11-10 2 Merritt-Chapman & Scott Corp.— 11-25 Power & Light Co.— preferred 10- 9-29 . & 31 10-15 12- $1.06)4 — (s-a)— common preferred 11-30 Ltd.— conv. (s-a) , adj. North a (quar.) Porcupine A ;_ Newberry 33A% 10-20 10-30 11- 12 '/a c Certificates Norfolk 10-30 $1 Fibre Gas & England 9-18 5 Corp.— Special 11-18 (Entire issue called for redemption on Oct. 10-15 11- (quar.)— pfd. 1 Communica¬ _ Mercantile 10-16 $1.25 : joplin Water Works, 6% 12- 1 20c Corp Stores Extra 10-16 10-11 25c convertible England 10-15 Publishing & class Brothers, Bedford Norwich Co. Fabrics Vulcanized Brunswick 5 10- 11- 25c Neilson (William), Ltd., 5'% pref. Naugatuck Water Co. (s-a)__. New 10- 10-16 25c New 10-16 10-13 1 9-30 85c (year-end) Co., 3.80% preferred 4>4% preferred (quar.) National Tile & Mfg. Co. (quar.) Neisner 5 11- $1.50 Castings (s-a) non-cum. National 5 12- 10c (quar.) preferred $2.50 12- 12-20 20c Extra 10-13 60c redemption quar.) (quar.) Manufacture Common from 10-13 12-20 Co.— (quar.) National 10-16 5C 6 'A % Machine (increased Steel Mallinson 10- 10-31 Ltd., B National 1 9 1 11- 10-16 50c Corp. (quar.)_ Corp., (quar.))__ Corp & 1 10-25 5% Co. Co. 10-31 50C 10th Lock Malleable New 10-14 Co.— 11- 40c for Gas 11- (quar.) (quar.) been (initial Inc. 4c idend.) (quar.) Royalty 3 10- Trust Michaels Stern & Co., 4 % % series C ana (interim) common Oil, Mengel Company Johnson— Ranch 12-14 10-13 1 5c 75c Extra 11-17 $1 preferred Co., Electric Mclntyrt 10-19 12-15 20c (quar.)_ preferred Johnston 1 11- 9-30 25c Stores. Welding Quarterly Aircraft— McGraw-Hill each ——_ preferred series A 11- $$1.25 (quar.) Extra 10-19 11- 62,/2C (quar.)__ share <quar.)___—— 33A% 9-15 10-16 5c preferred National $2 9-30 10-27 10c $1.06'A — (quar.)__ share plus this dividend) the Common 9-15 $5c Ltd (quar.) preferred 10-16 1 $10c McDonnell 9-30 20% A 11- $17 %c Ltd., Corporation McLellan held.) preferred Johnson 4% McCall Island— common Electric Extra New B McGraw preferred (One 12-15 11-15 (quar.) called Common 37Vic 2nd preferred series B 2nd 2 Central Power k Light— Johnson t 10- 1 25c dividend Jewel Tea 4% 11- — Ltd.)__ (quar.) 5% Co. Chemical, Grain Class 2 9-29 Mills, 12-28 %c (s-a) & Telephone Co., at $30 per McArthur 9-15 preidrred 4.25% 10- 10-16 Co., & McColl-Frontenac Participating Jersey 11-'1 10-16 Knitting 9-30 $20c issue 9 McCabe t$1.75 $$3 Co., 9-30 10-16 50c (quar.) including Ltd.— 15c Mines 10-16 * Convertible into $75c L.) Co. Marine Co., 10-20 1 9-15 (F. 9-30 $1.25 ordinary Massey-Harris 1 10-16 Mountain Ltd., Field 11- $40c Jacobs Oil (N. Y.) Investors Co.— Rhode 9 10-16 45c Massachusetts Ltd., of 10- 25% (quar.) preferred Marshall 9 10-13 Co. 10-17 1 10-16 10-16 45c (quar.) Quarterly 4% 9-22 1 Island five 10- 11- Trust 5% 8 7%c preferred Jantzen 12- 10-22 (quar.) Investors 1 11- $1.25 Common Ltd.— Fund, 11- 10-14 10-16 25c Quarterly 3-20 31'Ac common International Co., 11- (quar.) preference 12-20 demption date. International, Management 1-2-51 4-1-51 13c Maritime Telegraph 10-14 11- Marconi tion 10-14 preferred convertible 10-20 12-21 10-31 56V4c (quar.) National Tea (increased) preferred 50c Ltd. Resistance 1 . Corp.— 10-31 11- 40c quar.) 11- 12-22 45c Profits Realization, 30c Canada, Department 434% preferred Manufacturers Trust Co. 11- Security $1.12% _ (quar.) Co., Investors $2.50 (increased) 1-1-51 $1.06'A Income 11-20 Foundation, conv. Investment 10-10 20c preferred (accum.) International 6% of par) Power from 9c Y.) 3 Inc.— 10-10 Publishing Co.— Packers, International Corp., Ltd., 5% 1 3% (quar.) (N. 3 $25c Consolidated 1 7% — par) Bank 11- $2 (quar.) 11- Co.— Co. ($100 M. Manhattan Bond Fund, 10-20 15c — (increased quar.) International M. Mailman . (accum.)__ Harvester City 11- 6% 12-28 10-31 10% 1 12- 9-30 10-20 $1 dividend National 1 9-30* 9-30 1 50c 12- 10-16 11- 9-30 4c (quar.) Register 12- $1.50 Co., Ltd 11- 25c (interim) International Educational $3.50 preferred k 25c 10-14 50c Cash National 62 %c (quar.)_ (R. H.) & Co., Inc.— 4>4% preferred A (quar.) Maytag Co., $3 preferred (quar.) 12-20 11- J. 10-16 11-10 . 15c Strauss-Duparquet, Inc. National Distillers Products Macy 6 $1.50 Extra National County Gas & Electric— 10-14 10-16 50c (increased Nathan 10-11 62 V2c pfd. (quar.) Luzerne 11-1 Co. (F. 10-rll $1 (Walter M.) 11- 10-20 3 37Vic 11-14 $1 Lowney 4 10-20 E.) & Brothers Co. (special) Narragansett Electric, 4%% pfd. (quar.)_ Nat'l 10- 10-20 62'Ac (quar.) (quar.) 1 2-20 5% 10-31 iquar.)_ com. common 1 11-21 10-27 $25c Machinery Co. Inc., preferred 11-10 11- 20c 11- 8 preferred Marathon — common 6% 9-29 $1.50 11- 12- 10-27 Ltd.— (quar.) 11-22 10-2* 3-10-51 1 Telephone— Corp., 1 11- $1.00 20c (quar.) preferred 12-23 $1.10 55c com. 12-30 stock_. 35c Co., 10-15 Co.— 1 10c (quar.) Telephone 10-25 stock 11- 15c (quar.) shares 9-30 Mutual System, 9-29 10-16 11-30 Inc 50c 11- $1.25 quar.) (quar.) Corp. 10-31 50c Co., 10-13 11-30 Corp $1 51c Co. (quar.) Investment Fund, Shares 87 %C common Dock 1 11-15 5c preferred Mutual Stock 5% Imperial Chemical Industries. Ltd.— Int'l & 11- 10-16 America— Mutual SOc ($25 par) (quar.) preferred ($100 par) (quar.) Lowenstein (M.) & Sons, common (quar.)__ Stock dividend 10c 4%% Coal of 10-16* — & 5% 24c — common Co. 11-15 National Taylor, 8% 2nd preferred (quar.) Louisiana Power & Light, $6 pfd. (quar.) Louisville Gas & Electric (Ky.)— Common (quar.) 11-20 Co.— Brownhoist Interchemical (Fort Wayne) (quar.) preferred 10-13 $15c preferred 10-20 (Greenville, S. C.) (quar.) Pipe 1st 1 from preferred Lorain 30c Extra Ordinary 2'Ac (quar.) Lockwood-Dutchess (quar.) 9-30 $1 (quar.) (quar.) Associated Inter-Mountain Joint 8% 10-23 25c Investors preferred and 30c ouar.) (irreg.) preference Industrial 10-25 10-30 20c ^ RR. Co. Incorporated $2 *4.30 Lock 9-30 50c Y.) Imperial Tobacco Co. of Canada Indiana 1 1 62%c Co., 12-15 Myers 15c Co., Terminal Zinc 4% 10-16 11- 10-9 preferred Illinois Illinois 12-20 10- — Illinois 11-15 1-10 1 (increased 6% 10-30 11- Chemical Lead 1 Co. Mutual 10-16* Fuel 12-15 10-10 11- 50c 5% Investors 11-15 1 10-28 5c Ltd 40c $1.12% (quar.) 100% original original 7 11- 50c Paper, National *4.30 10- 56%c Munising National 11-20 10-27 11-15 (quar.) Telephone & Telegraph National 11- Inc. (irreg.) Refrigerator (quar.) Brick 10-13 2 12 %c com. States 2-20 11- preferred (quar.) 1 10-30 9-18 75c Mountain 11-21 25c Extra 11- 50c 10-11 10-16 35c (quar.) (quar.) 9 37V2C Extra 5% 12-27 preferred 50c 3-10-5i 25c Fund, Illinois 10-1(1 10- 1 lc Mills, Power 50c (quar.) Huttig Sash & Door 1 1-10 States (quar.) lc pfd. Mountain (quar.) (quar.) $4 10-21 10-16 11- 50c (quar.) Rice stock 35c -. (quar.) Power, Co. Royal stock 1 (quar.)__ Extra Mount Special common & Mount Diablo Special 25c Eoudaille-Hershey Corp. Houston 10-9 10-16 12- 10-16 5 50c 11-20 50c (increased 10-16 11- 56'Ac (quar.) (quar.) Railroad— Miami l 5c Corp. (quar.i (increased quar.)_ 1 50% __ Hussmann Little Lord Co. 1 10-31 $1 Co. 11- $1.20 Products 1 preferred (Joseph) Extra t2-?0 11- 10-16 10c J Co. Oil $2.23 11- $1.50 quar.) Inc. (quar.) Hardart Co. )N. & Home Lion 10-16 12-28 31V4C (quar.) Extra 2 Motor Motorola, Inc. 12- 50c ,____ Corp., convertible Border's, 1 & Co.—- Sugar 5% 10- 11- 10-11 11-10 30c iquar.t_ $1 non-cumulative class A Holly 10-17 10-16 10-16 (quar.)__ preferred & Company Corp. of Amer., preferred (quar.) 1 13'/5c Co., 10-16 1 $1.50 (John) 1 Shares— Co. l iquar.) common $15c profits A (quar.) Plan 1 30c preferred Co., Co. 12%c ; _ (quar.) Radio (Henry) 10-27 25c (quar) income Printing $3.50 Morrell Morris 12- 9-30 & participating 11- 29c (quar.) dividend Lincoln $3 5% pid. Quarterly Link-Belt 20c security Power (quar.) 1111- . Quarterly 10-25 $1.25 (initial from Montana C common 10- $1.10 $1.12% (quar.) iquar.) preferred Holders 11-6 Moody's Investors Service— 11- 25c pfd. Lincoln National Life Ins. Co. 10-25 56'Ac 3-20 $1.75 iquar.) Liberty Life Insurance 10-16 12-20 $2.50 earned 12-30 11-15 5c (quar.)_ preferred Corp., 4'%.% Lexington Trust Fund 12-30 $1.25 1-2-51 4-1-51 $1.12% iquar.) Company Lewis Brothers, Ltd. 9 7 Montgomery Ward $2c Extra Stock common Co. Salt 10-31 4%% Tire & 10-17 (quar.) Corp. (quar.) Holly Development Co.___ Holeproof Hosiery Co. (initial)-Holt Rubber 10-13 10- 11-15 $6 pfd. C 47 Payable of Rec. 7%c Extra University Inc., 11-20 : divicAnd common Bryant, 1 10-31 11-15 series Society, Power, $1.50 (quar.) iquar.) preferred Extension 1 35c preferred (Edward) Stock New Salle 11- (quar.) Higbie convertible 10-25 series A (quar.) series B (quar.) Hilton A $1.16 La 9 10- 12-15 12-15 Co.— 12- Spencer, Bartlett <fe Co.— Common (monthly) i Eigbee Company, common (quar.) preferred preferred Laboratories, 5'4 5 10-20 7 Loan 50c Plar.te-Choate Mfg. La Hibbard, 5% (s-a) preferred 10-20 1 6 10- 37V2c (quar.) 11- 1 Corp. preferred 4%% 6% 10-20 37 V2c Lakeside 40c preferred common Co. Montana Manufacturing Co.— 25c dividend) (stock & 25c (quar.) 5% H.) $1.12% iquar.)_ dividend) Products, preferred (quar.) Water Works, (S. (quar.)__ Kroger Company, 7% 2nd preferred Krueger (G.) Brewing 933Ac (stock Steel Hershey 10-25 11c non-voting Powder Hercules 7% 1 11-15 Inc.— Hercules (s-a) Company, $1.50 preferred $1.50 preferred (quar.)_ Kirkland Lake Gold Mining. Ltd. Lane (quar.) voting Products Monroe 10-10 20c .■ 10-10 When Share series preferred 10-31 10-31 30c Kirsch 5 4.80% 15c common (quar.) 10- 40c common preferred 11- 12-20 10-16 preferred 10c common 10-27 40c tquar.) Company, 4.50% $1.25 , Kingston 8 Insur¬ & Corp. of America, 4%% pfd. Hathaway Bakeries, Inc. (quar.) Hayes Industries, Inc. (quar.) 33A% this 10c Inc., Company Liqueur Corp Monongahela Power, 4.40% (quar.) 10-20 6834C Hat Hecht Supply Co., Per Name of Mohawk 21c preierred 11- $1.37Va iquar.I Inspection Boiler plus $1.50 Company 5!/2% pfd. (quar.)_ Hart, Schaffner & Marx (reduced)—— Hartford share per & Holders of Rec. preferred redemption on $2.50 1 (quar.) Electric 6-11 9-22 12- Payable 5% for $107.50 Extra 3-12 6-30-51 15c (A.) Hartford 3-30-51 50c — preferred 10-26 12-28 25c Cementing 5% preferred (s-ar— Harbison-Walker Refractories Co.— 6% at Kennedy's, 9-15 $1.25 resumed i__— < Co., called Kellogg Switchboard 5% $1.25 1. common...^ Well Co. 16 Light Extra (quar.) Brothers 9-30 10-16 issue Oct. 10-14 10c (quar.) $5 Halliburton 1 10-16 $1.25 _____ (quar.) Hallicrafters 11- & dividend.) RR. preferred Halle (Entire / $75c' ______—_____ Guaranty Trust Co. 10-16 1 6 Power When Share Name of Company 2-1-51 50c iquar.)__ 12- 11- 37%c Realty Cc. of Canada— preferred (accum.) Guardian Per of Rec. 12-20 37%c iquar.i Co. 50c Guardian 7% Payable Kansas . preferred convertible Holders Brewery Co.— (quar.) convertible 5% When (ouar.) Electric — 81 Co - — 10-14 10- 20c 11-30 11-20 20c 11-30 11-20 2 The Commercial and Financial Chronicle (1480) *8 Corp. 75c & —--— ---—■*>——• Extra jerless Casualty Telephone, Ltd., Gold erron Subject Electr.c, 3.80% pfd. preferred iquar.) preferred (quar.)— Electric Co. Oil (Dei.) 10-30 9-30 Northern & Tedmont 95c $1.07'A $1.10 4%% convertible $2.50 'ortis 4.70% 'ower 6% Sierra 10-20 10- 5 10- 2* (accum.)— 11'Ac 10-16 10- 2 11- 1 10- 6 15c — 10- 9 10-20 10-20 9-30 9-30 10-20 11- 1 11- 1 t75c $$1.50 (quar.) partic., pfd. 1st preferred (quar.) Metals America of 25c 12- 1 Power, 4ft% of Co preferred 4.20% Purity (initial preferred ?utnam O.) South 11- 1 redeemable Quaker Oats Quebec Power Co. Ray-O-Vae Rayonier, Inc., Reading 11- 1 10- 6 $1.50 11-30 11- 1 Southern $25c 11-25 10-16 Southwestern 30c $1.90 10-28 10-28 (quar.) . preferred ' (quar.)— 10-28 pfd. 10-28 %12- 1 (quar.) common 10-27 11-15 Class 11- 9 6% 6% Revere Gas (E. Inc. 10-16 1-2-51 Raisin preferred 5% 1111- l 1 10-25 10-16 Russ red. Building & W. 4% Fine (N. Lawrence St. 42 1st preferred St. Lawrence 7% $2.40 St. 2nd 5% Standard 11- 1 10-13 Stanley Brock, Ltd.. 11- 1 10-13 10-20 10- 11- 1 11- l 10-13 Class 10-13 5 State 10-27 Inc. $1.02'A 11- 1 10- 2 10-16 9-20 12- 1 Sanger Brothers, & Class B Co., 10-13 11- 30c 1 o.T 27c 10-16 11-15 50c 11-10 10-31 12-11 12- 50c 11- 10-16 25c 10-27 1 11- 9-80 10-17 1 2-1-51 1-16 5-1-51 4-17 8-1-51 7-17 12- 6. 10-20 10-10 8c (One 12- 10-16 10- 10-16 dividend) 11-15 12-20 35c 10- 2 11- 10-161 Struthers 10-31 10-13 50c 10-31 10-13 (quar.),, |$1.06ft 1-2-51 $1.25 pfd. preferred Ltd., Ltd. 10-18 Wesley Mason Mills, common... 10- 10-25 10- 4 $25c $$1.75 11- 1 Oil 9-30 West 11- 1 9-30 10-16 11- 1 10-14 1 10- 10-16 5 11- 1 10c 10-26 (quar.) J60c 10-25 10-25 10-4 10- 4 12-15 12- 65c 10-17 1 40c 10-17 10- 11- 1 10- $20c 11- 1 pfd. (Calif.), (quar.)__— (quar.)—_— (Increased) (quar.) 10-16 — 37 ftc 12-8 1-2-51 12-15 43 ftc 10-30 10-15 10-24. 9-30 10-31 10-20 25c 11- 10-20 10-16 10% 11-20 11- 11-15 11- 1 11-15 11- 1 11- 10-18 $1 common,—_ V- 35c $1 (quar.), $1.12ft 25c (quar.) 50c (quar.) ' 10-16 JO- 6 50c 10-16 10- 12- 12-15 11- 11- 1 10-16 10-10 1 9- 10-16 10-20 6 1 10- 3 . J v $1.06% (quar.) 11- • 10-15 9-20 4.20% preferred B (quar.) $1.05 10-16 9-20 $1.12ft 10-16 9-20 4 ft % preferred (quar.) Canada Western Insurance $2.50 class 9-30 1 10-20 10-16 10- 5 (quar.) (s-a) (Cleveland) Co. Malleable & Electric Mfg. Corp. (quar.) y Service, & $4 pfd. (quar.) Light, $4.56 pfd. Glass Mfg. (quar.)— $1 11- 1 10-14 $1.14 11- 1 10-10 11-15 10-31 $20c 11- 1 11- 1 .Mills preferred (quar.) (quarterly) 4 11- 1 10-16 1-2-51 & Trust 10-14 4 ft % 10-31- 11- 1 10-20 50c 11- 1 10-16 31 ft C (accum.) Ligm & Telephone Co, com. preferred (quar.) (quar.i 11- 1 10-16- Maryland Ry. Co.— 1st preferred Co., preferred preferred preferred A Co. (L. A.) common (quar.) $7 11- 11-15 11- $1.25 11-15 11- $1.25 ; 11-15 75c 1 accum.) (quar.) A (quar.) (quar.) Lake & Erie Ry. Co, 2-15-51 2- common stockholders other than to the Co.) Wheeling Steel Corp. 11- 1 11- 1 10-20 10-25 10-10 dividend_ (stock 25% River Whitman Oil (Wm.) 2- ; 10-16 10- 2 10-10 9- 3d 10-20 10-13 11- 1 1-0-20 12-30 11-15 $1.50 10-31 10-14 $1.25 11- 1 10-16 a3% Corp., 10- I75C Corp. 1 10-16 80c • 11- 30c Extra 10-20 15c Rubber 11-15 20C Brothers Wichita 9-27- 17c 15c Inc Fund, Whitehead 10-20 $1.43% $1 York, Chicago & St. Louis RR. prior lien (quar.) (quar.) j (Ohio) — Co. liquidating Wiibur-Suchard Winnipeg 8% 6% Power $1.25 (quar.), '*.! Co. Service, W.) (F. pfd. (quar.) Public Woolworth $5 Co Electric preferred Wisconsin distribution Chocolate, Electric Wisconsin preference Wrisley (Alen 5% Co, & (s-a) pfd. (quar.i, Ltd.— (monthly), 8 10-27 11- 1 10-20 10c com. 12- 25c : E.) Co.. common 11- 1 10-21 4% preferred 1st series (quar.) $1 11- 1 10-21 4% preferred 2nd series (quar.) $1 11- 1 10-21 75c 11- 1 10-14 York Consolidated Yukon 1 (quar.) County Gas Gold Corp, Ltd.— Resumed $6c Ltd, Zellers, common 12- 1 HH31 $12 ftc (quar.) 11- 1 10- 2 ' preferred (quar.), $37'Ac 11- 1 10- 2 5% preferred (quar.) $31 ftc 11- 1 10- | 50c 50c 4-1-51 6-25-51 '' ; '3-15 6-15 50c 12- 1 11-22 17'Ac $1.06 ft 10-28 10- 12- 11-15 1 6 1 2 Zenith 62 ftc 10-14 Edison 1 +25c Co.— 12-15 60c 50c tou-; — Quarterly Toledo $i0c convertible Ins. 12- 75c Securities 6%/ Co.— convertible preferred (quar.) 2 Title A Ltd Breweries, ' 20c Quarterly 11- 1 Partial 1 9-30 i2y2c 17ftc (quar.) Co.— 1 35C (quar.) 6 Tower Thomaston 10-10 10-16 Whiting 1 10- $2,50 1 10-10 (quar.) . 9-23- 11- $1.02ft 4 % 11-24 1 9-30 10-16 10-20 3c 50c (quar.) Whitehall A 9-29 10-16 C New Thermoid Company— 20c 22ftc (special), pfd. (quar.) Wrigley (William), Jr., Co, Co. 1 25c com. (quar.)___ 1 10-6 10-16 6 11- 6 $20c 15c $2.40 6 10-lG i$1.37ft 12-16 12-29 $1.25 10-10 li- (quar.) 9-30 31 ftc preferred 10-10 j:7c Ltd 6% Co. preferred Power 3% 45C 10-10 Power tlOc pfd. 10-10 10-16 11- $10c 10-20 Texas Co, Coal Western Paciiic RR, common 50c Texas 10- 3 10-10 I Taylor-Wharton Iron & Steel Co Inc., 4% Haute 10-17 preferred prior Penn 7% 11- $15c 11-15 Terre $1.25 10-31- 15c Ry 4.10% 7% Western (quar.),-,, preferred Ry. Co.— (quar.) 10-25 10-16 20c Talon, 10-25 11-15 10-18 Terminal t$1.50 (quar.) Chemical Wheeling common common Corp. Paper conv 10-13 11-10 Michigan Steel Foundry— 25c 4ft% Corp., Mold Super 1 11-10 : Ltd, 5ft% West (quar.) preferred Oil 8unray 11- J20c Northern & •:10"31 (stock dividend) Company, 4 10-20- (quar.) 1 (increased), Securities, 4 ft % A Falls 1 37ftc (quar.)__ com. 12- ; 20c Electric Sutherland class class A 2 * 10- 11- $1.06ft $1.12ft Co, (quar.) End Inc.,,.— 2nd 1 10-16 20c (quar.i 1 57c Biscuits, Sun 10-25 $18 ftc . Co., Light Gas preferred preferred Kentucky common, Corp., 8 f50c Mines. $4.25 $4.50 West (quar.) Inc. 2 62'Ac West common Suburban 12- 2c ; (quar.) common 10-31 Corp.., Wells 8 share held) (quar.)___ Cedar Inc.— Strawbridge & Clothier, $4 vtc preferred Waterloo 50c quar.) : 11-30 35c 4. 10-16 (quar.) 1st pfd. 1 37ftc (quar.i common Co, 10-20 , ._ Fuller. 7% Container o, 25C 1 (quar.) preferred - 2 37'Ac 1 r_.— (increased n. 37ftc Terminal & Brothers (Payable Stores ■> 10- $1.25 (quar.) 12- — Ltd., • t)-28 10-16 20% ; (stock 11- 15c B Corp. - 10-16 1 $1 °5 (quar.) 11- (quar.) class A - 1-17 2-1-51 $2 Corp shares 16 1 « (increased) Stem Textiles, Stop .& Shop, (quar.) Ltd., Mills each Corp.— Sunshine Mills, Company 10-17 1 (quar.) Investing Waterous, Ltd, 11- $56ftc (ouar.) Brothers & 10-10 (quar:) Diego Gas & Electric & Stern Thatcher Sargent 1 11- (increased) $12'Ac common (quar.) 10-10 ... preferred 11- (initial) 10-20 1 f class Co., Canada, 10-25 (quar.) San Scarfe of 10-16 _ (quar.)____ 4ft % Antonio 5% 30c 37'Ac Detinning Co., Washington 10-20 11-15 , preferred preferred Co. Preference Stix Baer & Ltd.— preferred 9-15 (quar.) pfd. 5% preferred 5% 15c Special 4ft % 1 (quar.)., (quar.) preferred Street 5% 10-20 1 '11- — $1.40 (accum.) (quar.) common,,^ A 11- (s-ai Inc. $1 Investment 20c preferred San %$■ 1 >11- Stecher-Traung Lithograph Corp. ' Sterchi $1 (quar.) Gold 1 11- 97 ftc B Street 10- 2 1 8t. Paul Fire & Marine Insurance Co.— Common 12- 92'Ac 10-13 11- Tube Stouffer Corp. Francisco 10-26 — Corp. 5% 10- preferred conv. Co.— (quar.),, Co. convertible 4% 11-15 preferred 1 11-30* Spring Co.— 10-20 Paper Mills— Louis-San 1 11- 12ftc com. America of Corp, Waterous, Light Products Steel 12-1 1st preferred 1 12- 75c (quar.) Warren (accum.) Standard 4ft % preferred (quar.) St. Lawrence $6 & Power preferred 1 Flour 9-20 11- $7 10-17 75c 2nd preferred 12- 12-15 12-15 10-13 $1.75 Standard 12-10 Corp., 1 10-16 11- 45c 9-30 50c Ltd.. 12-15 (quar.) (quar.) (quai.) Wamsutta 9-21 10-10 $1.75 10-25 1 Y.)— (quar.) preferred Saguenay Power. Corp. preferred 7% $1.75 25c 6% 12-20 dividend preferred Wall 6 (accum.) prior preferred 11- tlOc (quar.) F Avenue, convertible 11- • 9-30 Stone Foods, 6 10-25 (quar.) Co., Fifth 12- $1.50 10-20 Corp.— series H D.) 1-2-51 35c (quar.) Co., Co, preferred Vulcan 10-20 11-15 $4.20 Ltd., . 12ftc pfd. $$1.25 . Corp., preferred, 5 , preferred 10-10 37'Ac quar.) Ltd.___ series --ti 10-14* 1 Inc.— 6% Ltd.— Co., 1 $1.25 (Increased Ages Corp. Russek's S. Fuel 1 30c (George 10- 28c Co., 11- 50c (accum.) Quarterly Roper 10-31 (quar.) A Standard 15c A Rochester-American Insurance Co. Rock of 28 ftc Sons & 50c 1 Electric 11- - 75c (quar.) 6%, 6% (accum.) Steel preferred 5 Co (quar.) 11- $10c 4.10%> 10- $1.10 19c Extra ■ 10-31 $1.03% 93%c class Mills, Rochester Gas & 5 28c : $1.31'A (quar.) Inc. 10-31 22 ft c (stock preferred 6% Western (quar.) Cotton in. IR lu-1' Virginian Railway— 2 (quar.) preferred (quar.) 5% Robbins Mills, Rtobinson .9-29 $6 prior preferred 10-14 10-14 50c (quar.) Co.. 10-'U 11-10 50c Co, 5%, pfd. A (quar.), preferred B (quar.) Western 15c Paper preferred 10-20 10- (quar.) Chemical 4ft% 12-15 Inc.— (quar.) Cement 50c _____ (quar.i__ - Inc.— preferred convertible Vulcan pfd. Telephone Service 12-15 1-2-51 15c Extra Riverside 9-29 B.) Heating 4% $7 (quar.), preferred RJce-Stix, 4.% R.) preferred $4 11-18- 1 Public $4 Standard (s-a) common 9-29 10-20 com Quarterly 9-29 Standard Gas & Electric— Brass, Inc., common Food non-cum. Vanadium 10-2 10- (quar.) England 50c 3%% $5 1 15c preferred Inc., River 12- 11- 128c & 10-10 Vertienies-Camaguey Sugar Co. of Cuba— 10-31 — preferred Squibb Ltd., Natural Copper 1 20c 7% 10-10 1 iBalt.i common 6% preferred 4.40% preferred Investors 5ft% Rich's ... 140c J25c (quar.)__ (quar.) _iU_ Republic 12-11 10-16 „ 4.15% 10-11 Ltd.— Fund, Inc.— preferred A (quar.) preferred B (quar.) Republic 3 Co., Ltd.— Process, Sea 10-10 10-30 t35c preferred Standard (4uar.) A Extra 3.70%. 10-27 50c — 11-15 New 3.90 % 11-15 50c (quar.) preferred tenold-Coventry. (J. $1.12 ft Common quarterly 10-25 25c Canada, redeemable (quar.) (quar.) preferred 4.80'/* 10*25 50c —— Knitting Mills, Ltd., $1.60 non-cumulative preferred 5% Co. Sciver Co.— (quar.) Franklin 10-25 10-25 tegent Reitman's Power 1 10-20 (quar.) Tobacco convertible Camp for 50c (quar.) — Company, Raalte Van 10-12 10-14 50c Company Southern 30c common Extra Van 10-31 11-15 Leaf Warehouse preferred Company Canada /fl-29 — convertible ■4% Van t50c —_— Edison 1111- Virginia Iron. Coal & Coke Co.— preference (quar.) $87'Ac (quar.)— (quar.) — 10-19 11- 15c 50c 50c preferred 10-27 1 t50c preference (quair.) 10-20 Railway & Light Securities, common—: Special (from realized gains) Extra 1 4UC 10-14 Southern Indiana Gas & Electric Co., com. preference Co., 6% 11- 11- 12-20 1 (quar.) Corporation, Valspar Ltd.— Paper Mills, conv. Common Ltd.— Flour Mills, 10-14 Universal vapor conv. 15c quar.) 10-25 10- 10-13 '• 11- (quar.) A (s-a) convertible 5% 10-14 10-16 1 15c Laboratories. 10-10 J53C 10-20 11- $3 (quar.i pfd. (accum.) 5% class Corp., 1 Iron Corp Southern Radiator 1 1 11-15 87ftc , Corp.— Chemicals, Co., 11- 11- 10-20 10-20 35c Potash S. . 11-15 11-15 (N. J.) 11- t45c (quar.). common 4.48% 10-13 11-15 11-15 U. 10-20 11-15 8 7 ftC ______— Stores Pipe & Foundry 5% (quar.), 12- 1 12- 1 9-30 3c (quar.) California S. ' 6 92 ftc Extra 10-13 50c — 10-10 $1 Theatres, preferred 40c Ltd,__— Pittsburgh Water, 4ft% Common S. U. 1-31 1 9 51.12'A — Guaranty Co. Lineo $4 (quar.) preferred (quar.),: 4% 2-15-51 11- 11- 40c $1.50 (quar.)___ 8c S. U. 1-31 50c $1.06ft $1.05 (quar.) com. Fund of Boston (George) $3.50 Colorado, iquar.j, U. 2-15-51 40c (quar.) common Steel (Howard) Southern 'ublic Service 10-16 10-16 10- 50c Increased 6 10- 1 20% Industrial t25c (quar.)— Corp. 11-10 35c (quar.) S. 11-25 10-17 10-17 11- interest & f 25c _ (quar.i 4.56% 6% 'ressed U. Universal Common 9-20 9-20 10-16 10-16 12-15 15c (quar.) Co. Curr & preferred Southern non-cum. 12-30 Ltd.— — Co., Ltd., (A. Smith Canada— of Fidelity 10-20 1 1 +21IC preference Storage Corp. S. 10-14 1 11- dividend U. t2c Quarterly 10-12 10-12 Stock 12-10 12-10 11- 11- Missouri— (quar.) of 2 Holders When $1.25 (quar.),,^ (quar.) Tool, 2 - Payable of Rec. 62'Ac (quar.),, 1- 4ft% (quar.)— Canada, of Mines, Oil (N.) Smith <fc B Cold S. of »' • . (irreg.) (quar.) Paramount 1- 15c (quar.) — preferred 5%. Bloss-Sheffleld 10-10 90c $1.17'A (quar.) (quar.) B 10-23 Co. (quar.) Pacific $2.12 2 6'Ac (resumed) pfd. 10- Co. preferred Slater 10- 2 10-21 60c 6c (quar.) 10-21 20c U. 12-10 1 <quar.)___ Certificates t30c (iireg.) Power of America Lindsay 6%. Drill Class 1 t75c Ltd., Silver-Miller 62'Ac (quar.) common 3.60% preferred Corp Sibley, 25c Industries Edison, 10-20 10-16 (quar.) Style 'otomac 11- 1 $1 ' 'lymouth Cordage Co., Employees stock1 Common Shirriff's 18 12-28 75c (initial quar.) com. Mining Corp. Water & Corp. 10-18 75c (quar.) new (s-a) Sheraton $1.25 (quar.) Extra Co. Corp., Sheep Creek Gold Mines, Ltd 11- 1 11- 1 „ ftc 12- Co. 31 ftc Extra 10-10 12-15 • Ltd Cities Realty Corp., United t25c B Sinclair Bolt Corp. ittsburgh Screw & ittston 11- 1 11- 1 11- 1 Class (quar.)— pfd. conv. 7 common 10-10 40c (quar.)______—__ 1 - 20c California convertible United 9-28 11- Winnipeg Brewery, Ltd. $1 97'Ac (quar.) Co.— preferred Brewing Shawinigan 12-15 12-15 10-10 10-10 9-28 10-24 of preferred United 10-24 Co. Cigar-Whelan 8 30c • : common Canada, preferred United 25c of 7'AC Shattuck-Denn r, 12- 12-27 $1.25 Co. preferred $3.50 (quar.) Sherwin-Williams Inc, $4 preferred 'iper Aircraft 'ittsburgh 11-14 (quar.) (quar.) preferred $3.50 11-14 1 (quar.) Acceptance, Steel Shea's 1-1-51 1-1-51 — preferred Ry. , , Philip Morris A: Co.— 4% preferred (quar.)— 3.90% preferred (quar.)__— 'tllsbury Mills, Co. preferred Sharon 9-29 10- 1 10-20 11- 1 $1.12'A $1 — 10-18 11- 1 _ (quar.),, Philadelphia 5% 1 30c Seaboard 25% $4.50 $4 12- — Scranton 27. 10-18' 10-18* 12- Monday, October 16, 1950 . . ■ (quar.) Electric 1 1 Co.— 10-20 15c $1.50 Dairy Products Co.— S4.50 1st preferred (quar.t $4 non-cum. 2nd preferred (quar.) Corp., RR. 10-13 stockholders of Union 1111- 91 ftc preferred A 11- 1 5% Oil 31 ____________ Securities Gas Union 1-18 7-i8 . ' Share Works, preferred Union 4-18 1 _ Common meeting to be held on Oct. ~>hillips-Jones Line tic Philadelphia 4.40% Air Special 1 1 8- $1.07ft Seagrave Corporation iu-i< 2- 5- 27'AC (quar.) (quar.) non-cum. Company 80c 10-18 1 27'AC (quar.), preferred 5% 11- ' ■ of Company Tung-Sol Lamp Co.— preferred 3.65% Seaboard 6 35C 4.30% 10- l 2 10- $3.70 11- 1 'hiladelphia Co., common 6% preferred fs-a) 4.30% Mfg. 10- 10-16 27'AC (quar.) $1,061/4 (quar.) — approval the to annual at Scovill J8"18 10-16 27'Ac 25c pfd. Co Ltd Mines, preferred 11-10 25c (quar.)____ A Trane 10-20 50c ; (quar.).— com. common ' ■ Per Name Payable of Ree. 50c (quar.) Co., $4 preferred Paper Co., $3.40 (stock dividend!-— faudler Co. Inc. Company, preferred A (quar.),*— preferred A 'quar.) preferred A (quar.)— 5ft% Scott 1ft 4ft % Gear & 11~ 1 & preferred 5ft % 2- 5 11- 4 2- 5 Inc.— Power Co., Machine .•rkins 10- 9 (quar.)____ Co. •ansylvania Industries, 36 preferred < accum.) ennsylvania 10-16 $1 <quar.)___ Gas jnnsylvania (quar.)— common preferred $6 (quar.)———, preferred 5ft % 10-20 12-15 11" 4 20c (quar.). common preferred iquar.)_ .-J—-— preferred (quar.). r. — $1.32 preferred 'quar.•—,—----il $1.32 Industries, (Ed) Schwitzer-Cummins 5ft% 31 -Oman's, 10- 6 10- 6 20c 11- 1 62'Ac 1-2-51 25c 11-15 25c 2-15-51 33c 11-15 33c 2-15-51 $75c 11-15 $$1.50 11- 1 Quarterly minsular 10-23 10-31 10-31 Hampshire) — (New Co. 11- 6 45c 15c (quar.) Co .. Davis Schenley Schuster Distillers Tilfoid & arke ' ' ■ J Holdert When Per Share Name of Company Payable of Rec. Share . Holderi When Per Name of Company ''ark f • Radio Corp. (quar.) 50c •Transfer books tPayable in tPayable in resident, a Less tax not U, S. closed Funds, Canadian 15%; British less funds, resident income for tax tax. this 10-12 10-31 10-12 dividend. 15% Canadian tax deductible 7%. 10-31 50c Extra non-residents' at the source. tax. Non-' Volume 172 Number 4051 . The Commercial and Financial Chronicle . . (1481) STATE AND CITY 49 DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ARIZONA Bond $35,000 bonds revenue 9 water Bond offered 172, p. 1387 —were to Refsnes, Ely, Beck & Phoenix, at a price of of Nov. on 9 will offer Oct. 25 at public issue an provement and auction Due of America Savings Francisco, National Association, of San net at price of a interest 1,74%, in : :due l%s, due 1964 to June on 1969 ' 1 at a price of net interest cost of a about'2.134%, 000 2s, 1962 due 1965 to $60,000 follows: $51,June 1 from as on inclusive; 2 V4S, due and June on 1 Hayward School Union .District of cost about at a interest net a 1.85%, fol¬ as lows: 8215,000 1 %s, due on June 1 from 1966 to 1969 in¬ clusive; and $144,000 2s, due June 1 from 1970 to 1972 trict bonds at 298, interest net a about 2.13%, 2s; due 000 1964 $27,000 from 26,000 -price about Unified bonds of 1 from 100.15, 1.74%. Due Sept. 15, Newark bonds at a School price of interest net cost District 100.38, of a about 1.91%, as due Aug. follows: $5 000 l%s, 15, 1964; and $13,100 2s, due on Aug. 15 from 1965 Clerk, City 17 until for will 10 lic works 172, v. a Dec. 15 Dec. from 1980 on inclu¬ sive. Principal and interest (J-D) payable at the City Treasurer's office. Legality approved by Orrick, Dahlquist, Neff & Herrington, of San Francisco/ about Stanislaus County School Districts (P. O. Modesto), Calif. Bond Offering — C. C. Eastin, 2 of ard, (EST)' chase Oct. on of Due payable Trust from 126 000 1951 Die to 1975 Grayson bonds. Due 1951 1975 The to bonds Dec. 15 inclusive. School on are on Dec. District 15 from inclusive. dated East St. bridge for Stifel, Oct. the 1 from Brooks 1951 to interest and Bank & Certificate Sale—The $1,650,000 tificates offered 1279—were Oct. 9—v. awarded to County Special Co., Chicago, & Co., Boston, 1, 1950. bonds offered Dec. 15, ayable at the County Treasurer's fficc. Legality anproved by Orrick, Dahlquist N'eff & Herringon, of San Francisco. Oct. Tax O. 11 Georgia, of Atlanta, and the First Bank of Minneapolis, jointly, at a price of 100,103, a net interest cost of about 2.11%, follows: to Due 21/4S. 190,000 from 1966 Oct. on 1965 1 from inclusive. Due on 1970 to 1 revenue Co., New York City. Legality a offered Oct. syndicate composed of First Boston Corp., C. J. Devine & Co., Bear, Stearns & Co., all of New York City, Heller, Bruce & Co., Francisco, Co., New Co., York Pittsburgh, & S. Moseley & City, Thomas and Juliep Co., Chicago, at as June follows: 1950. a Due semi-annually inclusive. Callable as of 30, 1957. Principal and in¬ (J-D) payable at the Mad¬ terest Safe Deposit & Trust Co., Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. Normal), III. Offering — Vernon Nickell, Secretary the Board, bids, care of Dr. R. W. Fairchild, President of will receive State Normal Univer¬ Normal, until 1:30 P.M. (CST) on Oct. 23 for the purchase of $400,000 Eastern Illinois State College at Charleston, student res¬ hall 1950. Dec. on 1 clusive. Nov. from to Bond Sale—The Principal in¬ 1961 and of Dec. as interest and welfare 172, payable approved by Chapman & Cutler, Chicago. of bonds basis a 9—v. to offered Oct. Leitchfield, Ky. $140,000 Offering—James of at a about price of 100.456, 1.124%. Upland, Ind. Offering—Clarence Bond ter, Town receive (CST) of 172, bright, New Castle, Ky. Offering — Mrs. Corinne Ashley, City Clerk, will receive Bond sealed bids until 8 p.m. (CST) on Oct. 16 for the purchase of $41,000 bids until 10 re¬ A.M. (CST) on Oct. 20 for the purchase hospital bonds of 1950. Dated Nov. 1, 1950. Due semi-an¬ of $600,000 1, Dated Jan. bids until clusive. July from 1 to $875,000 water bonds offered Oct. revenue 172, p. 1181—were awarded a group Stuart & composed of Halsey, Inc., Chicago, Raf- Co. Indian¬ apolis, and McDougal & Condon, Chicago, as 2s, at a price of 100.89, a basis of about 1.942%. Flood Control District, 2 P.M. bids sealed on Oct. $17,000 20 11 until the for flood Jan. 1 1962 inclusive. and July of of works 1, 1950. 1 (CST) purchase control Dated Nov. 1950. A.M. from Interest Due 1953 J-J. on ap¬ Ice & Directors, will receive sealed bids until the to Ind. Offering—Frank 1 P.M. (CST) on Oct. 16 for purchase of $96,000 building to Due 1969 maturing in callable in¬ 1956 of as Skaggs, Legality approved & Fahey, of Hays Louisville. Gilbert, (P. Bonds Oct. Indep. Sch. Dist., Iowa Not $260,000 Sold—Bids building 5—v. turned 172, no as the for the offered 1181—were p. unopened for bonds bid re¬ was construction Waverly Indep. Sch. Dist., Iowa Bond Sale—The $451,000 build¬ ing bonds offered Oct. 5—v. 172, p. 1280—were awarded to the North¬ Trust Co., Chicago, and Quail Co., Davenport, jointly, as IV2S, ern & at O. Bond Sch. Dist. No. 25 Lake Charles), Offering —H. A. La. Norton, Secretary of the Parish School Board, will receive sealed bids until 10 (CST) a.m. on Nov. 7 for the purchase of $250,000 building equipment bonds. Dated Aug. 1950. Due on Aug. 15 from 1970 to inclusive. Interest Legality approved by Wood, King & Dawson, of New York City. Catahoula School price a about of 100.105, a basis of 1.49%. bonds. Dated due Nov. on Jefferson No. — Paul Burke, will receive sealed bids until 8 p.m. (CST) on Oct. 17 for the purchase of $70,000 to $100,000 swimming pool bonds. City Clerk, Dated Feb. 1, 1951. 1, from Davis 11 1950 1951 and to 1956 Parish (P. O. Sch. Dist. Jennings), La. Offering—L. H. Richard, Legality approved by Charles & Trauernicht, of St. Louis. Vermilion Parish Road Dist. No. (P. O. Abbeville), La. Bond Offering — Marcus 6 A. Broussard, Secretary of the Police Jury, will receive sealed bids un¬ til 9 a.m. (CST) purchase of Nov. 7 for the on $56,500 bonds. Due on Dec. inclusive. public Dated 1 im¬ Dec. from 1, 1952 to Interest J-D. Le¬ gality approved by Dudley Foley, Jr., of New Orleans. C. __ MARYLAND Baltimore County Metropolitan Towson), Md. District (P. O. Bond Kahl, ceive Offering President County (P. O. Scotts• Nov. 1 Feb. 1 from 1952 to 1966 inclusive. 1 from 1952 to 1965 inclusive. Allen County O. until 10 a.m. (CST) on Nov. 2 for the purchase of $85,000 school bonds. Dated Feb. 1, 1951. Due on Due on Sept. KENTUCKY (P. Secretary of the Parish School Board, will receive sealed bids 1950. Liberal, Kan. Offering 2 inclusive. 1970 Bond Consolidated No. 10 a.m. (CST) on Nov. 7 for purchase of $6,000 school the provement KANSAS Parish District Jonesville), La. Bond Offering — A. L. Brooks, Secretary of the Parish School Board, will receive sealed bids Bond Onawa Bond Sale—The will re¬ ceive bids until 8 P.M. (CST) on Oct. 26 for the purchase of $20,Clerk-Treasurer, 1951 are of New Castle. by bonds. ville), Ky. Town 1950. 1, 1955: Principal and inter¬ payable at the Citizens Bank until Secretary of the Board of School Le¬ gality approved by Ross, McCord, Ice & Miller, of Indianapolis. Fowler, est in¬ Legality by Ross, McCord, Miller, of Indianapolis. Ind. receive will from Bonds refunding 1, Nov. Due 1961 to proved Offering—John T. Smith, Commissioners, 1 Nov. thereafter 15, work. Columbus, Ind. 5—v. Nov. 1951 1950. 1, 1952 Interest J-J. accepted works revenue Dated F-A. Oct. 30 for the purchase municipal building on lis. Sale—The works bonds. on $10,000 on 1951 to Jan. 1, 1971, inclusive. Interest J-J. Legality approved by Ross, McCord, Ice & Miller, of Indianapo¬ Bond water will Audubon Indep. Sch. Dist., Iowa Bond Offering—Gay S. Thomas, Al¬ will Auditor, County sealed ceive 1280—were awarded p. 3.07%. Por¬ Clerk-Treasurer, sealed bonds. O. R. water bonds offered Oct. revenue & Boyce, of Louis¬ ville, the only bidder, as 3V4S, at a price of 102, a basis of about 9—v. IOWA (P. be Stein Bros. and Columbus), Ind. Bond Col¬ price of works $128,000 county Union National Bank of East Chi¬ INDIANA Bartholomew County to Sale—The Calcasieu Parish 1388—were awarded to the p. cago, as IV\, of Due 1985 in due callable are 1960. 1950. 1, 1954 Bonds thereafter bonds revenue Dated revenue had County (P. O. Crown Point), Ind. of sealed of idence 10 LOUISIANA Lake L. & F. 100.021, a net interest cost of about 2.39%, 1, Madison. Teachers College Board of the State of Illinois (P. O. Bond lins Oct. ison Chicago. of 10—v. 172, p. 1279—were awarded to ap¬ proved by Chapman & Cutler, of Bond $3,650,000 har¬ bonds of on Bids for the — building Oct. construction as Bond and the Executive Secretary of the Board (Territory of) Sale—The Cooper, Cooper & Cooper, Madison, until 2 P.M. (CST) & a bids ex¬ ceeded the amount of the issue. 1976 HAWAII Bond Building Corporation, Ind. Bond Offering—Carl Henning, inclusive. " rejected to at or Delhi Hawaii Hanover School school offered clusive. of Oct. bonds June 30 and Dec. 30 from 1952 Trust Co., St. Louis, Marine Midland Trust fensperger, Hughes & Co., 2s. apolis. Not Sold $600,000 on were National $420,000 1, Bank Cincinnati, at County (P. O. Grayson), Ky. Louis Union awarded to the Trust Company of as Aug. Harrison, and of price of basis of about 2.458%. a Oct. 18 for the purchaase of $160,000 first mortgage bonds. Dated p. Sale—The $610,000 school San 1950.. Principal and interest (J-D) 1 (P. Beach), Fla. Vero Bond No. dated group City, Allen C. Ewing & Co., of Wilmington, and Robert Hawkins & Co., of Boston, as 2.20s, at a price of 100.22, a basis of about District was 2Vzs, on were — Carter 1, 1970, inclusive. are of blower & Weeks, all of New York River bonds syndicate a 101.05, Due Jan. 1, 1978. Callable on any interest payment date. Principal and in¬ terest (J-J) payable at the St. composed of Smith, Barney & Co., Goldman^ Sachs & Co., Horn- School 1952 to Jan. Legality approved by Ross, McCord, Ice & Miller, of Indian¬ $1,000,- cer¬ 172, a Jan. to as Bonds 1950. at the First Na¬ tional Bank of Chicago. Legality Fla. 1952 1280 Savings both school offered p. Co., pur¬ 1, 1970, incl. 43,000 Civil Township bonds. Due semi-annually from July 1, company, Gardner, both of St. Louis. July (J-D) revenue 172, Provident bonds, Newhard, Cook & Co. and Rein- 1, FLORIDA public improvement bonds v. — jointly, follows: holdt & sity, Co., / 1, & Hawkins pur¬ 1, school re¬ P.M. President of the Corporation, will receive sealed bids at the office Robert the Illinois Oct. 1 the Township bonds. semi-annually from July pay¬ bonds revenue for School Due Louis, III. Nicolaus P.M. Torring¬ Dated Principal at 2 the New bonds. on $43,000 Car¬ will until 31 $86,000 as composed of Shields & Co., Allen & Co., both of New York City, Bond Torrington. Legality approved by Day, Berry & How¬ ard, of Hartford. bor Union School Dis¬ bonds. 23 $636,000 incl. 1969 until 5 Trust Jan. on inclusive. trust or of The Conn. Hartford, School ton (PST) on Oct. 23 for the purchase of $203,000 school bonds, divided as follows: trict to Offering—Edwin J. Dowd, City Treasurer, will receive sealed bids, care of Day, Berry & How¬ p.m. $77,000 Salida 11— Bond County Clerk, will receive sealed until Oct. Sale—The $150,000 improvement the W. Trustee, bids Oct. on divided to the purchaser and Village. Legality approved by Chapman & Cutler, of Chicago. 1.246%. 1951 bids Conn. $1,298,000 pub¬ 1279—were awarded Oct. 15, 1950. Due to bank a sealed chase agreeable Dated group composed of sealed on Due 1970 nually from July (PST) 1951 desig- Legality apThornlike, bonds offered p. Indian purchase of $800,000 disposal system bonds of 1950. Dated be Phelps, Fenn Co., Hallgarten & Co., Tucker, Anthony & Co., and Eldredge & Co., all of New York City, as 1.30s, at a price of 100.588, a basis 01 the sewage at 000 4% bank a & Walker, receive a.m. 15, 2.18%. Mon'erey, Calif. Offering—E. C. Bond bids inclusive. 1967 to able to Treasurer's to Storey, Hartford, 1973. 18,000 Nov. or at City Bond Sale—The School at a basis of a State Gainesville, l3,4s, as to Bond Sale—An issue of State. by 1972 inclusive. Alameda District June inclusive; and due on June 1 2V4S, 1968 to of cost follows: $23,- as on 1967 to price of 100.- a 1955 Hartford-Connecticut York proved 1950. inclusive. 50,000 Castro Valley School Dis¬ to bonds. from dated Torrington, High bonds price of 100.11, the by the from 1966 to 1969 inclusive. 359,000 1951 Field 15 are 1953 Offering—John (CST) bonds. Principal and interest (J-J) Palmer & Dodge, of Boston. and bonds 100.224, New from inclusive; $3,000 2s, due June 1, 1970. ; 111,000 San Lorenzo School Dis¬ trict at the nated follows: $8,000IMjs, June 1, 1963; $132,000 Nov. Ashland, Ky. Bond awarded to Breed & (P. O. Greenburg), Ind. Township ceive P.M. the J Trust Co., Hartford, about of cost payable i as from Bradley on bonds office; . a 100.08, 15 8 sewer 1950. Principal and interest (M-N) recently purchased by j Trust $143,000 Hayward School District bonds The until roll, Nov. 1 for the purchase on from 1970 inclusive. tne follows: as from inclusive. Nov. Dated semi-annually 1952 to July 1, 1967, Fugit Township Bond re¬ bids 1 1970 1950. of Due Oct. R. R. 8, III. Clerk, will Village sealed (CST) to inclusive. 2,000,000 Due ceive 15 Nov. 1950. inclusive. H. of on 1, from July 1, 1 Herbert building on 1970 . 1951 2,500,000 Teachers College bonds. Bond Sale—The $707,000 school bonds offered Oct. 10—v. 172, Bond $298,000 sanitary Dated Nov. 1, 1950. 1951 to . on fol¬ institutional bonds. CALIFORNIA to from Oct. on Bensenville, Offering — Due 7,000,000 on Alameda County School Districts (P. O. Oakland), Calif. awarded 15 Due bonds sewer Oct. ILLINOIS of 1970 inclusive. $271,000 im¬ enlargement bonds. 1387—were Nov. on 000 1 inclusive. re¬ purchase as Oct. on 1965 from 1966 to 1978 inclusive. (EST) noon Due to 2y4s. Dierking, Due , A. $4,000,000 vocational school bonds. of 1953 2,635,000 lows: Stephens Special Sch. Dist., Ark. Bond Offering—H. G. McCluskin, Superintendent of Schools, & the $15,500,000 bonds, divided ARKANSAS Bank for 2&s. from Offerin g—Joseph ceive sealed bids until 100.16. p. $1,015,000 Adorno, State Treasurer, will —v. awardeu Cof, Connecticut (State of) Sale—The works Oct. CONNECTICUT Goodyear, Ariz.' on bids H. the -Board Commissioners, sealed (EST) Christian — of will until 11 of re¬ A.M. Oct. 25 for the purchase $80,000 hospital bonds offered Oct. 3 v. 172, p. 1181 were awarded to Russell, of $3,000,000 water and sewer sys¬ tem bonds, 18th issue. Dated Nov. Long & Burkholder, of Lexington, at a price of 103.01. to — — 1, 1950. 1990 interest Due on Nov. inclusive. (M-N) from 1953 Principal and 1 payable at the 50 (1482) Union - of Maryland, of Co. Trust Callable on after Oct. or 1942. 1, by Niles, Barton, Yost & Dankmeyer, Principal and interest (A-O) pay¬ of Baltimore. designated by the purchaser. Baltimore. Legality approved Offering While, will Treasurer, City Oct. the for 25 divided as fol¬ bonds, $3,000,000 Bond public construction of $2,000,000 Due on Nov. 1 1951 to 1960 inclusive. bonds. ways from Due Donds. 1951 from 1 Nov. on 1280 p. 1950. Massachusetts Offering—Richard E. Mc¬ Laughlin, Chairman, will receive sealed bids at the office of the State Housing Board, until 11 A.M. are bank a (P. County Gogebic notes offered Oct. 9— 1280 — were taken by (P. Twp. Sch. Dist. No. S 13A % sold Sale—The Bond ing bonds offered Oct. 10—v. 172, Charles Trauernicht, of St. Louis. 1951. Sale—The $240,000 bonds City, as IV2S, at 100.608. a basis of about Ccro., New York a 1388—were awarded to McDon¬ Co., of Detroit, on a bid reflecting a net interest cost of about 2.73%. Traverse 172, p. 1388— Boston twice of Concord, Mass. Offering—Thomas F. Gar- Bond will re¬ rity, Jr., Town Treasurer, ceive sealed bids, care of will until bids P.M. 8 (EST) Oct. on time Due 1950. 16, 1951 Oct. on inclusive. 1954 to 1951 to 1970 1 from Nov. 1 from 1951 to Nov. bonds Toe Due on 1969 incl. bonds. school 175,000 1, Nov. dated are School Principal and interest pay¬ able at the Day Trust Co., Boston. 1950. Legality approved by Storey, Ttorndike, Palmer & Dodge, of Authority, Mass. Offering—Col. L. F. Ca- Chairman, will receive sealed bids at the office of the State rew, Board, 18 Tremont St., until 11 A.M. (EST) on 19 for the purchase of $1,- Housing Boston, bonds. Dated 26, 1950 and due on May 1, '<600,000 third series Oct. Norfolk Oct. Sale—The Note 000 Atlas National 1950 and due receive (CST) on $55,000 water works bonds. Dec. on from 1 1952 Due 77,000 water works improvement Due bonds. to 1970 bonds dated maturing after 1, 1960 of Minneapolis. Bond 101 ing bonds offered Oct. 9—v. & Nov. 100.005, a 1.89%, as MICHIGAN Sch. Creek Note Offering Stetler, District St. 172, a group until 8 Co., 1952 85,000 p.m. 1971 lows: Oct. Jan. on 125,000 26, 1950 notes. due Nov. 23, 1950 and due Principal interest and payable Big Rapids, City Clerk, will for the water supply Dated Oct. 1 from of system Oct. 1953 1, to Due on 1970 to 1975 Nov. Offering Nov. 1 from inclusive. of from Note — sealed Theodore bids 15, 1950. to Due 1971 sealed on Oct. $233,000 a bank nated by Yellow Due 1980 incl. trust 8 on May trict for 11 the May 7, awarded to Salomon Bros. & Hutzler, of New York City, at the successful bidder. Medicine County Indep. Dist. No. 7 Offering—A. S. Barr, Dis¬ Clerk, will receive sealed YORK improvement Nov. 1 1950. Due 1990 inclusive. on from Principal 1951 and of Co., by approved Summit. Hawkins, & Wood, of New York Essex Legality Delafield City. (PI O. Newark), N. J. County Chairman of offered 1389—were purchase of $4,682,000 bonds, divided as follows: 1 The 1950. Due on to 1970 incl. from 1951 1 bonds dated are Nov. Oct. 9—v. payable at the Fulton County Na¬ tional Bank & Trust Co., New Legality approved by Sykes, Heckler & Galloway, of New York City. York City. Vandewater, Y. Offering—P. E. Benedict, Bond City Treasurer, will receive sealed P.M. on Oct. $190,000 public improvement bonds of 1950. Dated Oct. 15, 1950. Due on April until 18 for 15 from 2 the (EST) of purchase inclusive. 1959 to 1951 Principal and interest (A-O) pay¬ able at the Orange County Trust Legality Middletown. Co., jointly, as at 2.10s, a 172, City. Y. Newark, N. Sale—The $1,500,000 wa¬ Bond 10—v. 172, bonds offered Oct. ter of & Co., Co. of Wood, Struthers City, Illinois York No. 6 Bond Union Free price Sch. of on $75,000 Oct. school 10—v. 172, 1389—were awarded to the New Rochelle Trust Co., of New elle, a Dist. (P. O. Harrison), N. Y. Sale—The as IV2S, at a basis of about Roch- price of 100.086, 1.48%. Security Trust the and 100.14, price basis of about 1.693%. a Niagara Falls, N. Y. Offering Note sealed bids Oct. on until Creagh, receive E. A.M. 11 (EST) of purchase the for 17 T. will — Comptroller, City anticipation $3,390,000 water bond notes. Dated Nov. 1, Due 1950. Callable on May 1, 1951. Legality approved by Van¬ dewater. Sykes, Heckler & Gallo¬ way, of New York City. Nov. 1, 1951. Oyster Bay Union Free Sch. Dist, No. 23 O. Massapequa), (P. York New bonds & $89,350 Sale—The Bond offered Oct. school 10—v. 172, p. awarded Roosevelt to York City, as price of 100.33, a basis Cross, New of 1.70s, at a about 1.64%. Roosevelt p. 100.944, a basis of about 2.027%. Harrison ap¬ by Vandewater, Sykes, Heckler & Galloway, of New York proved District Fire Bond bids until 3:30 P.M. the for fire on Dated Nov. Y. 1 receive sealed (EST) on Oct. and Nov. from 1951 $140,000 equipment of purchase building bonds. O. Offering—W. Glenn, Dis¬ trict Secretary. will 18 (P. of Hemp¬ Roosevelt), Town stead), N. Smith, to 1, Principal and interest (M-N) of Y. N. G. White & Co.. Inc., both of New York City, p. 11 No. District awarded bonds offered the Nov. Barney & Co. and J. Freeholders, bids until and Parishville Colton), on 35,000 bus garage bonds. 1389—were School O. Committee of the Board of Chosen receive sealed A.M. (EST) on Oct. basis Sale—The $522 000 school Bond bonds Finance will Due building bonds. May 1 from 1952 to 1970 incl. as 1.57%). about (P. Offering—Jacob S. Glick- enhaus, street Jamestown, of Colton, Pierrepont to in¬ bonds, divided as follows: 000 $265,000 bonds offered Oct. 1281—were awarded Bank the 1, (M-N) payable at the Sum¬ Trust Bond 172, p. Y. $33,000 Sale—The H. ersville, until 2:30 P.M. (EST) on 17 for the purchase of $300,- Chicago, inclusive. Celoron, N. Nov. Wesley — Oct. Buffalo, 1.60s, at a price of 100.172, a dated York p. City. Central are New Offering Bond District Clerk, will re¬ bids until 11 a.m. 1960 to Bond " bonds (P. O. Gloversville-), 1 sealed J. follows: No. 1281—were awarded to a group composed of Marine Trust Co., York City. Principal interest (M-N) payable at United States Trust Co., New to for Wood, King by approved 9—v. as and Johnstown Central Sch. Dist, (EST) for the purchase of Borough Clerk, will receive sealed bids until 8 p.m. (EST) on Oct. 25 divided Mayfield, Broadalbin, Northampton Le¬ Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. purchase of $298,000 bonds, interest. States City. York New Marsland, Bond Offering—John H. Mowen, 26 1, Nov. United the at Co., York N. Plains, the only bidder, at 0.695% Co., Rochester, as 1.70s, at a and an¬ ticipation notes offered Oct. 9— v. 172, p. 1389—were awarded to the County Trust Co., White (P. O. Amityville), N.Y. Bond Offering — William D. 1951 of Y. $248,000 tax New $29. NEW JERSEY Vfas, as basis a Babylon and Oyster Bay Union Free School District No. 6 the desig¬ dated are NEW 0.92% interest, plus a premium of mit bonds $143,000 Sale—The $1,295,000 notes playground bonds of 1950. Dated Oct. 10—v. 172, p. 1389— Nov. 1, 1950. Due on Nov. 1 from offered Note Sale—The Principal and interest (M-N) of Housing Authority, N. H. Note terest 1951 to from 1 inclusive. Dawson, of New approved Legality 1951. improvement bonds. Nov. on (EST) purchase 1951 to 1 from inclusive. payable A.M. bonds. resurfacing Nov. on 1960 & 1951 to from inclusive. road Due gality 100.30, 1.44%. about bids 1 Nov. on 1970 fourth series notes. Nov. 7, 1950 and due on Dated inclusive. 61,000 road $2,780,000 inclusive. (P. O. Wood Lake), Minn. Bond until 19 A. C. until company Consolidated Sch. revenue 1950. or of jointly, City, price a Middletown, N. improvement bonds. Nov. 1 from 1951 to Swinefield Bridge bonds. Due Trust bids Oct. on on 1990 The Offering—Eugene O. ManChairman, will receive The on 1953 Due 1950. Housing $240,000 joint sewer bonds. 58,000 joint sewer bonds, series Oct. 24 for the pur¬ $95,000 building bonds. Dated Nov. 95,000 road for the from 1 inclusive. on York at inclusive. 1970 to 1951 1.31%. Manchester Principal and interest payable at Mitchell, (EST) purchase bonds. on C. receive bids until 7:30 P.M. 23 Mich. Offering—C. Nov. 1 from on inclusive. to (CST) chase 15 Bond about of Chatham, Due 1965 receive will & Due bonds. Co., both of New York, jointly, as 1V2S, at a price of 101.179, a basis of Lauer, Clerk of the School Board, p.m. Treasurer's office. price a Minnesota Bond notes. Jan. 31, 1951. on to and 1951. anticipation at Wright County Indep. Sch. Dist. No. 104 (P. O. Maple Lake), 31, tax Dated the anticipation tax R. W. Pressprich Records addition on Nov. 1 from Hall of 71,000 from 1 inclusive. 1970 to 1951 1980 to Bankers awarded were — follows: 100,000 1.90s. Due Oct. 16 for the purchase $300,000 notes, divided as fol¬ Dated addition inclusive. 248.000 net interest cost of about 2s. 1966 on $175,000 of St. Paul, $140,000 1 %s. will Secretary, of Juran & Moody, of Paul, Paine, Webber, Jackson Curtis, of Chicago, and Kalman & Franklin J. — bids sealed receive Mich. Dist., 1389 offered Trust Co. and were 1281—were awarded to p. of Boston, at 0.63% discount. Dated Oct. 4, 1950 and due on Battle bonds Nashua composed 1950. 285,000 Hall of Records bonds. Due on Nov. ceive (P. O. Sale—The $325,000 build¬ ticipation notes offered on Oct. 3 were awarded to the Day Trust 15, 1951 to 1 Nov. on 1975 H. by Caldwell, Marshall, Trimble & Mitchell, of New York City. Washington County Independent School District No. Co., from Due $850,000 sewer Oct. 10—v. 172, p. sealed Dec. callable as of Dec. 1, 1960. Le¬ gality approved by Faegre & Ben¬ O. N. seau, are son, George B. Gibbons & Co., Inc. and E. Weigold & Co., both of bonds. Due Sale—The Bond from 1 inclusive. are Bonds Dec. on Mahtomedi), Minn. Note acquisition land 95,000 HAMPSHIRE Authority, N. H. - Worcester), Mass. Sale—The $150,000 tax an¬ the agencies in Lin¬ Legality ap¬ or proved by Wood, King & Dawson, of New York City. Sealed tenders for the issue also will be received inclusive. 10, Oct. Dated June 12, 1951. on Worcester County (P. at agencies, coln and Scottsbluff. 1970 to Bank of Boston, at discount. ©.69% agri¬ $125,000 awarded to the Rockland- were will purchase of $132,bonds, divided as follows: 1950. notes offered Oct. school cultural Overbrook Hospital im¬ bonds. Due on Nov. 1 from 1951 to 1959 incl. provement payable of the District Oct. 10— 1281—were awarded to p. New 9,000 City; or at either Chicago fiscal Laconia, for the 25 The Mass. York any District's NEW bids until 8 p.m. sealed O. (P. County Dedham), of the 1739 Malvern Clerk, Village son, 1952 (EST) New of MINNESOTA 195 i. 10 in at bonds offered area 172, National Bank & Trust Co., Glov¬ inclusive. Overbrook Hospital im¬ provement bonds. Due on Nov. 1 from 1951 to 1970 incl. 58,000 St. Paul), Minn. Bond Offering — G. O. Gunder- Note tion bonds. from 1 Nov. on 108,000 1955. Prin¬ (J-J) interest at the fiscal agency Avenue, Med ford Housing Callable after July 1, or Sale—The $61,000 recrea- 1951 to acquisition land 142,000 to a Moore, District Clerk, will receive sealed bids at the Fulton County clusive. on 100.70, Ilion, N. Y. 28,000 Overbrook Hospital im¬ provement bonds. Due on Nov. 1 from 1951 to 1962 in¬ July July inclusive. on Due on Nov. 1951 to 1975 inclusive. from Dated semi-annually 1 from 1953 Due and of inclusive. rev¬ 1950. price a Mamaronech, N. clusive. 1975 mium of $40.30. (P. O. 1975 in¬ to 8,000 Derwent Ave. Bridge bonds. Due on Nov. 1 from 1951 to Due notes offered Oct. 9— at the office of the latter attor¬ v. 172, p. 1388 — were awarded to neys, Room 2300, 48 Wall St., New McDonald-Moore & Co., of De¬ York City, until 2 P.M. (EST) on troit, as 2%s, at par plus a pre¬ the above-mentioned date. Lauderdale 1951 Overbrook Hospital im¬ provement bonds. Due on Nov. 1 from 1951 to 1970 in¬ ticipation Bcston. Oct. $47,000 tax an¬ Sale—The Note Mich. District, 1 of at Chas. Hospital im¬ bonds. Due on from 1 Nov. of purchase Western cipal and Principal Consolidated Lake Walled to Overbrook System the for bonds 1980 from 16 19 1950. 1, Special Assessment Roll No. 50-4 curb and gutter bonds. Dated Oct. Due inclusive. Oct. Jan. of purchase the Day and interest (A-O) payable at the Devonshire St., Bos¬ City Treasurer's office. Legality ton, until 11 A.M. (EST) on Oct. approved by Miller, Canfield, 19 lor the purchase of $775,000 Paddock & Stone, of Detroit. bonds, divided as follows: on Offering—Ray L. Schacht, General Manager, will receive sealed bids until 1 P.M. (CST) enue Trust Co., Ill $600,000 school bonds of 1950. Bond $20,000 the for 1951 from 1 71,000 park bonds. (P. O. Columbus), Neb. $2,250,000 sealed receive Clerk, City Nov. inclusive. 1958 Consumers Public Power District on Bond Offering—C. L. Anderson, 23 1.42%. Mich. City, bonds. Bridge on 1 p. awarded to the First were & by approved NEBRASKA ald-Moore & Bond 1960 inclusive. to provement was Louis. build¬ $38,000 1951 1961 $250,000 bonds sewer Blewer, Heitner & Glynn, Dated Aug. 1, 1950. to St. of 2% and Mich. Interlochen), O. Due on Nov. 23,000 Bond Sale—An issue of Legality Lake 2.20s, as Due on Nov. 1975 inclusive. to Due 457,000 Cross, & Co., all of New York City, clusive. Farmington, Mo. local banks. Green 1951 Belleville 11,000 p. group & Roosevelt of 172, a Francis I. duPont & Co., and Tilney v. 1950. Legal¬ 1, 1970 in¬ to to basis of about 2.11%. 1 from Mo. ity approved by Charles & Trauernicht, of St. Louis. O. 31,275,000 third series notes. Dated Oct. 26, 1950. Due May 1, offered Oct. 11—v. Dated July on school 11—v. awarded 1389—were Bond Sale—An issue of $125,000 Louis. 1951 47,000 road bonds. high school bonds was sold H. Walker & Co., of St. G. to Sale—The $70,000 tax an¬ ticipation v. 172, p. from 1 Due Oct. offered composed Hospital im¬ bonds. clusive. 1 from MISSOURI 2Vs% inclusive. 1970 Overbrook Nov. from 1 York New bonds 203,000 road bonds. Benson, of Minneapolis. Centralia, Nov. on provement designated by the successful bid¬ Legality approved by Faegre & Due (P. O. North Merrick), Sale—The $277,500 Bond to 472,000 or der. Bessemer), Mich. of Chicopee, Mass. and interest payable at trust company to be No. 29 1970 in¬ to 950,000 Hall of Records addition in 1967 and there¬ callable as of Jan. 1,1966. Principal 1951 from Hempstead Union Free Sch. Distm clusive. 1951 Bond 1955. and purchase (EST) on Oct. 19 for the 1 Bonds maturing Bank & Trust Co., New $189,000 lV4s. Due on July 15 from 1951 to 1953 inclusive. Note tmbridge Housing Authority, Note 172, to the awarded were — Treasurer's office. able at the City Nov. bonds. follows: as dated are building addition bonds. Dated Nov. 1, 1950. Due on Jan. 1 from 1952 to 1971 inclusive. $1,240,000 Overbrook Hospital im¬ provement bonds. Due on school interest net p.m. (CST) on Oct. purchase of $225,000 8 the City, at a price of 100.16, a cost of about 1.34%-, York Nov. 1, Principal and interest pay¬ bonds The pav¬ ing bonds offered Oct. 10—v. 126,000 1 V2S. Due on July 15, 1954 inclusive. 1970 to Viaduct Island Long 1,000,000 alley and street assessment Chemical lows: C Mich. Sale—The $315,000 special Detroit, re¬ (EST) purchase of ceive sealed bids until noon on trust company or for after F. Thomas — bank a troit. Mass. Boston, d u 11 at Le¬ gality approved by Miller, Canlield, Paddock & Stone, of De¬ MASSACHUSETTS It able until bids 18 1, to 1950. Due 1960 incl. Principal and interest (M-N) pay¬ able at the Nassau County Na¬ tional Bank, Roosevelt;. Legality by Hawkins,] Delafield & Wood, of,New York City.;... approved Volume 172 Number 4951 The Commercial and Financial Chronicle ... (1483) Co., both of Chicago, and Thomas and Maynard H. Murch & Co., of Muskogee, Okla. & Co., Pittsburgh, at a price of Cleveland, at a price of par, a net Bond Offering—Ruth Helvens100.035., a net interest cost of interest cost of about 1.578%, as ton, City Clerk, will receive sealed about 1.60%, as follows: follows: bids until 8 p.m. (CST) on Oct. 16 Rom?, N. Y. , Bend Offering Hughes, City Oct! for 18 $300,000 W. will re¬ Treasurer, ceive sealed bids until on John — noon the divided bonds, (EST) purchase as of $80,000 2%s. Due fol¬ 1953 to lows: 80,000 $219,000 of 1951 from Due 1950. Due Oct. bonds 1958 of Oct. 1 from 1951 on The bonds 1950. Oct. 1, C interest and v. payable at the Chase Na¬ tional Bank, New York City. Le¬ (A-O) Sale—The $25,000 IV2S. 1959 to Brighton Central Sch. Dist. No. 1 (P.O. Henrietta), Bond ing. 30,000 until the for 17 3 Due receive (EST) purchase of 1970 Dated 1 May 1, from to 1951 bids until for the by Vandewater, Sykes, Heckler & receive sealed on Oct. purchase Due 1 from Nov. on Principal inclusive. 1951 interest (M-N) payable at the Bank of the Co., New York City, Co., Port County Trust the at struction 1950. Central and Cochectcn District School No. (P.O. 1 Narrowsburg), N. Y. Offering—Paul E. Schnei- Bond school Due on Legality approved by Hawins, Delafield & Wood, of New City. CAROLINA NORTH 11 (EST) a.m. on Oct. 17 for purchase of $500,000 series C chool building bonds. Dated Sept. dicate ricka composed & ' ,! worth Bond 172, p. 389—were awarded to the Branch 10—v. anking & Trust Co., of Wilson, Lloyd E. Canady & Co., of nd jointly, aleigh, 00.005, a net 1.55%, bout as at a price interest cost of of follows: 2,500 2 V2s. Due on March 1, 1953. 16,000 IV2S. Due on March 1 from 1954 to 1960 inclusive. Marion), N. C. Sale—The $40,000 & bonds offered Oct. 10— p. 1390—were awarded to Equitable Securities Corp., ashville, as iy4S, at a price of 00.038. a basis of about 1.24%. uilding 172, O. Bond Sale—The series Oct. 10 172, p. 1390—were awarded to composed of Halsey, & Co., Inc., Northern Trust group tuart interest and interest the Loveland at No. bonds 1 Fund En¬ Linden and Fund 5,090,000 The — City Sch. Dist., Ohio Offering—Lester S. Boyd, the (EST) noon on on Nov. & mer 3 Nov. 1 from Board of Oct. 24 for 1952 to pany; Memphis; Company; Oct. 1 from 1952 to County (P. Lebanon), Ohio for Offering the — A. M. Board of Parker, County noon (EST) on Oct. 20 purchase of $20,000 court improvement bonds. Dated house 1952 on $108,000 Due on Dist. (P. O. Gallipolis), Ohio Sale—The $31,000 build¬ Sch. Oct. bonds offered 1282 Ohio were — to 172, the 2s, at about a Williams, of Cincinnati. Hamilton, Sale—The electric revenue City p. Fitch bids until Oct. bids until Baum & & Co., Okla. and $20,000 of bonds. Bond sealed — Martin Miller, Education, (CST) on Oct. 19 for the pur¬ $2,000,000 first and Hooker, sys¬ Bond City Okla. Offering—.Daniel Dorsch, will '< receive sealed Clerk, bids until 8 p.m. (CST) on Oct.. 23 the purchase of $60,000 mu¬ for nicipal building bonds. Due serial¬ York City, Ellis & Co., Cincinnati, ly from 1953 to 1969 inclusive. bids Oct. on 1950. for 11 judg Due R receive A.M. the series (EST) purchase of bonds. revenue will until 26 $1,400,000 1950 Dated of sewer Nov. 1. Nov. 1 from 1953 tc on 1989 inclusive. 1962 Bonds maturing i thereafter are callabl and Nov. 1, 1960. Principal and ir terest (M-N) payable at the Ha; on elton National Bank, Hazelto; Legality approved by Townsem Elliott & Munson, of Philadelphi; Lewisburg School Authority, Pa Bond Sale—The folio win school bonds aggregating $210,Of purchased by Ramb Close & Kerner, of Philadelphi and Joseph Lincoln Ray,- of Sui have been bury, jointly: $100,000 2% on bonds. revenue Oct. 1 from 1956 Di to 19 inclusive. 1, 1952 1950. to Oct. revenue 1 from bonds. D? 1975 to 19C North County, County School (P. O. Hood River), District National Oct. of about of a 1.913%, $125,000 2V4s. 1953 4—v. awarded Bank price of 100.06, to 172, the p. Valley), Pa: o Offering—Earl Gox, D\ Secretary, will receive seal bids until follows: in Due 150,000 2s. Due on 1966 Due on Nov. 1970 O on of $110.0 Dated Nc* 1 from If Bonds maturi thereafter and of Nov. as (EST) bonds. are ca 1, 1970. Ross Township (P. O. Pittsburgh), Pa. $90,000 stre sanitary sewer improvemr Bond bonds Sale—The offered Miller Oct. 9—v. awarded to 172, Hayde & Co., of Cleveland, •; price of 100.137, a bas of about 1.48%*. iv2s, at a inclusive. to Nov. 1 from Taylor Sch. Offering Tillamook Peoples Utility District (P. O. Tillamook), Ore. Sale—The 172, p. $350,000 bonds revenue 7—v. elec¬ offered Oct. 1282—were awarded Bond District ment Due a Moody, of St. Paul, as price of 98.50, a basis of — bonds provement Dist., The offered Oct. 10 172, p. 1390—were awarded to Halsey, Stuart & Co., Inc., Chi¬ cago, as 13/4S, at a price of 100.571, basis of about 1.69%. Allentown School District, Pa. Bond Offering—W. H. Fisher, Secretary of the Board of School Directors, will receive sealed bids until 8 P.M. the on Oct. 26 for purchase of $500,000 improve¬ ment Due (EST) bonds. cn Nov. inclusive. Dated 1 from Legality Nov. 1951 1 1, to Legality approved by to 19^ approved 1 & Munson, < Bond Offering — James E. M lone, Secretary of the Board Township Commissioners, will r ceive sealed bids until 8 P. (EST) on Oct. 24 for the purch? $45,000 improvement bom Dated Nov. 1, 1950. Due on N' 1 from 1951 to 1959 inclusive. T of gality approved by Townsend, T & Munson, of Philadelph liott Upper Darby Township Sch. Di (P. O. Upper Darby), Pa. Offering—John J. Schic 1950. 1970 improve 1, 19r Nov. from 1951 Upper Darby Township (P. O. Upper Darby), Pa. Pa. $250,000 im¬ —v. Mulka, receive (EST'" purchase 0' and Dated Nov. Townsend, Elliott Philadelphia. PENNSYLVANIA Sale bonds. on the for funding inclusive. about 2.86%. Bond 17 $101,000 2%s, at Pa. John will Secretary, Oct. on Dist., — bids until 8:30 P.M. sealed to Juran & a P.M. purchase 1390—were Nov. 1 from on 1971 able and Nov. 1 from on to 1965 inclusive. 1958 1, 1950. a to 1957 inclusive. 200,000 1%S. 8 the improvement net interest cost as for First Portland, at Due Twp. Sch. Dist. R. D. No. 2, Enon to 1976 inclusive. Sale—The $450,000 school offered 1183—were 1, Oct. Bond 20 Hood River Oct. after and on trict after office. dated are Beaver (P. O. incl. issue. urer's bonds Callable 1, 1956. Legality approved by Saul, Ewing, Remick & Saul, of Philadelphia. Due 1958 5 years from date Principal and interest (J-D) payable at the City Treas¬ of 1950. improvement Dec. from 18 (P. O. Enid), Okla. Offering Secretary, sealed The Fortmiller, (Pacific stand¬ $70,000 1 Callable County Indep. Sch. Dist. 57 and Off ering —Russell Smith, on Oct. 25 for the pur¬ Dated Dec. on P.M. on Aliquippa Sch. No. re P.M Lehighton Sewerage Authority (P. O. Lehighton), Pa. sewer receive provement bonds. bonds offered on Oct. $115,000 refunding funding bonds. Bond Ore. will 7 time) purchase of $9,000 build¬ ing bonds. Garfield 8 ment bonds, including $88,000 Clerk, the p.m. 1282—were awarded to a group composed of First- Bos¬ ton Corp., F. S. Moseley? & Co., Hornblower & Weeks, all of New 172, K. Barret, Albany, tric sealed Smel will until Oct. 26 for the purchas 110,000 21/4% Bond chase of $440,000 building and im¬ Ohio plant George Bond Offering—E. F. OKLAHOMA County Indep. Sch. Dist. (P.O. Gracemont), Ohla. bids inclusive. interest Bank, of Gallipolis, Clerk of the Board of price of 100.07, a basis will receive sealed bids until 7:30 1.98%. of OREGON Dec. 1 from Valley as of 10—v. 3—v. awarded on Secretary, sealed bonds. 1961 to 1 Union Securi¬ are: works Dec. Offering—Albert District (EST) under¬ received until 7:30 p.m. (CST) Oct. 18 for the purchase of water inclusive. Principal (J-D) payable at the County Treasurer's office. Legal¬ and receive Dempsey, of Cleveland. ster, inclusive. the of Pawnee, bonds the for p. 1975 of as Township School Distric (P. O. Pittston), Pa. 1 Inc.; Lucas, Eisen & WaeckIncorporated and Raffensperger, Hughes & Co. Incorporated. O. Commissioners, will receive sealed Caddo Local Dec. on erle Bond Principal and interest No. 6 (M-N) payable at the First Na¬ Bond Offering — H. C. Mears, tional Bank of Coshocton. Legal¬ ity approved by Squire, Sanders Superintendent of Schools, will Guy an Due callable ceive Inc.; Kalman & Company; Farwell, Chapman & Co.; Tripp & be Due on Dec. inclusive, 1975 Lewis & Bond inclusive. Oregon Warren of to Legality approved by Mor Bockius, of Phila delphia. Co. Savings Bank, Rossford. Clerk 1, 1950. 1951 Jenkins Co.; Julien Collins & Com¬ First National Bank of chase 1971 inclusive, & as Bond Offering—Sealed bids will inclusive. Principal and in¬ terest (A-O) payable at the Ross- purchase of $200,000 improve¬ ment bonds. Dated Nov. 1, 1950. on 1957 to of maturing in 1971 and there-" are gan. nold; the Due 1958 (EST) purchase office. ties Education, will receive sealed bids ity approved by Peck, Shaffer & until 1.57%, Dec. 1, 1953. Due on Dec. 1 members noon the Principal and interest (J-D payable at the County Treasurer' on to writing group $298,000 im¬ (EST) noon on for 1956. about 1V2S. from Harshman Sept. 1, 1950. Coshocton of 1954 Other Rossford, Ohio fol¬ as l%s. as of 2V2s. from ard Bost- Bldg. Park cost 1,128,000 Twp. Local Sch. Dist. Company, Niles. Legality approved by Squire, Sanders & Dempsey, of Cleveland. ford from after a $282,000 2i/4s. Due Bank Due 26 Dated Dec. lim¬ follows: in¬ bids until Westgate tem $600,000 building bonds offered Works Southview, mortgage Wilson), 1282— p. to Oct. $850,000 general obligation bonds. bonds offered 10—v. Principal and in¬ (A-O) payable at the Niles terest Off ceive sealed bids until Bonds 1956 $665,000 bonds 172, 1959 inclu¬ to District Reading), Pa. ering —Myrtle H. Beard, Chief Clerk of the Board County Commissioners, will re¬ inclusive. Me- Ohio 11—v. Water 165,000 Bond County (P. N. C. syn¬ IV2S. as ing school 1976 Niles, Ohio Bond Bond he Wilson a J. largement Fund No. 13 bonds McDowell County (P. O. Bond to Wm. of Clerk-Treasurer Sale —The $18,500 water Oct. Ohio Dist., Braun, Co., Inc., Toledo, $500,000 Legality approved by New York offered to for the purchase of $100,000 mu¬ nicipal building bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1952 lows: ity. v. Oct. awarded were Bond onds Sch. Sale—The offered itchell & Pershing, of C. 1952 ' Bond 1948. Due on March 1 from 1951 1978 inclusive. Principal and nterest (M-S) payable in New N. the Bond Offering—Albert R. GolCo., Chicago, Prescott, binec, Village Clerk, will receive Hawley, Shepard & Co. and Nelsealed bids until noon (EST) on son, Browning & Co., both of Oct. 21 for the purchase of $4,000 Cleveland, as 2s, at a price of improvement bonds. Dated Oct. 1, 101.82, a basis of about 1.82%. , Canton, for Co., Cleveland, John Nu- veen o City. Local bonds. 172, p. 1282—were syndicate headed by Halsey, Stuart & Co. Inc., New York City, at a price of par, a net 1952 to Sale—The 1953 facility awarded to Road, Dayton 4), Ohio 1, $750,000 build¬ bonds offered Oct. 9—v. 172, he "ork 13 access Oct. on $30,000 building Sept. 15, 1950. Due payable bids until 1950. ing, Secretary of the Local Govrnment Commission, will receive aled bids at his office in Raleigh Oct. Principal Sale Bond O. of 1 con¬ Nov. from 1 Columbus, Concord), N. C. Bond Offering — W. E. Easter- of O. fill land Munson, ol County Institution (P. on sanitary Corporation; C. Edgar HonStranahan, Harris & Com¬ pany Incorporated; Hornblower & provement bonds offered Oct. 9— Weeks; Schoellkopf, Hutton & v. 172, p. 1282—were awarded to Pomeroy, Inc.; A. G. Becker & Braun, Bosworth & Co., Inc., To¬ Co. Incorporated; R. S. Dickson & ledo, as 2s, at a price of 100.15, a Company, Incorporated; National basis of about 1.98%. Bank of Commerce; Francis I'. duPont & Nelsonville, Ohio Co.; Laidlaw & Co.; Stroud & Company Incorporated; Bond Offering—Harry A. Evans, Mullaney, Wells & Company; DetCity Auditor, will receive sealed 1971 Lake Bond (P. O. Cabarrus County ntil Nov. on Nov. 1 from ing Principal p. 1282—were awarded urg. ited Malott, inclusive. Avon Bank, National ork Due Dated Cleveland. payable at the Narrows- nd interest (M-N) irst bonds. inclusive. 1970 to Dist., Ohio Roy — - on Mad River 1959 Oklahoma City, Okla. Bond Sale—The $6,500,000 Bank, Loveland. Legality approved by Peck, Shaffer & Wil¬ liams, of Cincinnati. on bonds 1, 1950. ov. 1951 (EST) purchase of $257,of 1950. Dated 17 for the ct. 00 receive will Clerk, District er, ealed bids until 2 P.M. (J-D) Sch. from 1 1953 to sive. Board of Education, bids until 8 Dated Dec. Due from Due from 1971 Bond Offering—Homer Thomas, Principal and in¬ City Auditor, will receive sealed terest (M-N) payable at the Lo¬ bids until noon (EST) on Oct. 18 rain County Savings & Trust Co., for the purchase of $75,000 grade Amherst. Legality approved by elimination bonds. Dated Oct. 1, Squire, Sanders" & Dempsey, of 1950. Due on Oct. 1 from 1952 to 1974 Tusten Village purchase of $600,000 holder's option. Le¬ gality approved by Reed, Hoyt & Washburn, of New York City. at hester, purchase on to 1 Bond Manhattan or Exempted bonds. facility access inclusive. to 1971 inclusive. Principal and Sch. Dist., Ohio interest (M-N) payable at the Offering—Grayce G. PurCity Treasurer's office. Purchaser cell, Clerk-Treasurer of the Board to furnish legal opinion. (These of Education, will receive sealed bonds were originally offered on bids until noon (EST) on Oct. 24 Sept. 25 and the sale postponed.) for the to 1970 and on inclusive. 1971 Amherst 1, 1950. Dated Nov. school bonds. to liams, of Cincinnati. $330,000 of 25 approved by Peck, Shaffer & Wil¬ 1:30 P.M. (EST) the for sealed Oct. on Nov. 1 from Principal and interest (M-N) payable at the City Treasurer's office. Legality (P. O. Port Chester), N. Y. Sellon, 17 1, 1950. Due 1952 Bond Offering—John A. bids until receive (EST) noon Nov. Rye Common Sch. Dist. No. 5 District Clerk, will Karl Ayers, purchase of $70,000 water improvement bonds. Dated works City. Galloway, of New York Ohio — City Auditor, will Legality approved Co., Rochester. Alliance, Offering Bond 1960 sealed (EST) p.m. April on limited Berks & , of the received Bond Principal and interest (M-N) pay¬ able at the Genesee Valley Trust from Offered (P. OHIO Due on Nov. 1979 inclusive. 1950. Clerk inclusive. 1972 $1,475 000 building bonds of 1950-. 1 from April 1 from on in¬ National inclusive. Due to April on 1969 15,000 2V4S. P.M. April 1 from on Bonds clusive. inclusive. Due 2s. 1 Due Loveland Local bonds. April 1 from on 1955 April 1 and on inclusive. inclusive. 1966 to 1967 to will Clerk, bids Oct. on 1962 Offering—Ralph T. Hard¬ District sealed 1961 50,000 l3/4s. York New Due IV2S. Oct. and follows: as to $100,000 $120,000 series about Rush,' Henrietta, Pitts ford and 1952 for the purchase of $170,000 bonds, divided as follows: and 70,000 1,320,000 building bonds offered Oct. 10— 172, p. 1390—were awarded to 1.87%, from 1 sive. of City. April on Oct. 1 from 1956 to 1959 inclu¬ inclusive. Banking & Trust Co., Wilson, and Lloyd E. Canady & Co.,of Raleigh, jointly, at a price of 100.004, a net interest cost of York 1 Due clusive. June 1 from on approved by Sullivan, Donovan. Heenehan & Hanrahan, New 3s. Oct. the Branch gality $320,000 360,000 l%s. Due 1969 to Bond dated are Principal 1956 County (P. O. Yadkinville), N. C. inclusive. 1960 1, June on Yadkin * to from inclusive. Due 440,000 1V2S. Due 1 inclusive. 1965 to on water ' supply 81,000 •'* 1950. 1 1957. and improvement public bonds 1955 2s. June on Townsend, Elliott Philadelphia. 51 Bond del, Secretary of the Board 0 and Financial The Commercial Chronicle . Monday, October 16, 1950 . . (1484) 52 receive sealed bids until 8 p.m. (EST) on Nov. 14 for the purchase of $500,000 building bonds. Dated Dec. 1, 1950. Due on Dec. 1 from 1951 to 1970 inclusive. Interest J-D. Le¬ gality approved by Morgan, Lewis & Bockius, of Philadelphia, and R. Winfield Baile, of Upper Darby. will Directors, School (P. O. Easton), Pa. Offering—James B. Acton, Wilson Bond Hartsville), Tenn. The bonds are dated July 1, will receive sealed (CST) on Nov. 1950. Callable as of July 1, 1960. 14 for the purchase of $300,000 Legality approved by Wood, King school bonds. Dated April 1, 1950. & Dawson, of New York City. Associated with Blyth & Co., Due on April 1 from 1951 to 1975 inclusive. Principal and interest Inc. in the offering are: Phelps, (A-O) payable at the First Amer¬ Fenn & Co.; Glore, Forgan & Co.; ican National Bank, Nashville. Le¬ Dean Witter & Co.; Harris, Hall & bids approved by of Munson, Townsend, Elliott & Philadelphia. School District (P. Wilson Easton), O. Pa. William S. Kane, Secretary of the Board of School Directors, will receive sealed bids until 8 P.M. (EST) on Oct. 18 for the purchase of $80,Offering Bond 1951 — Bonds due 1960 inclusive. to thereafter are call¬ able as of Nov. 1, 1955. Legality approved by Townsend, Elliott & (Incorporated); EstaWeeden & Co., Inc.; J. C. Bradford & Co.; The Mil¬ waukee Company; Paul H. Davis & Co.; E. M. Newton & Co.; Wil¬ liam P. Harper & Son & Com¬ pany; Foster & Marshall; Pacific Chapman & Company brook & Co.; TEXAS Longview), Sale Bond O. Texas The $400,000 per¬ — improvement bonds of¬ Northwest Company and Bramhall awarded to the & Stein. Harris Trust & Savings Bank, WEST VIRGINIA Chicago, and Eddleman-Pollok West Virginia (State of) Co., of Houston, jointly, at a price of 100.019, a net interest cost of Bond Offering—Okey L. Pat¬ manent fered Oct. 11 were 1.66%, as follows: about Due IV2S. $185,000 Governor, will receive sealed bids until Oct. 24 for the terson, 15 Nov. on purchase of 1951 to 1961 inclusive. from Dated Nov. 1 from Due on 1, 1950. Nov. 11 a.m. Gregg County (P. bonds. improvement 000 until gality approved by Cutler, of Chicago. improvement bonds. Dated 1, 1950. Due on Nov. 1 from to 1965 inclusive. Legality 1951 Parker, E. J. — County Judge, purchase of $30,- for the 17 000 Nov. Offering Bond Borough Secretary, will receive sealed bids until 8 P.M. (EST) on Oct. 2,800,000 2% series CDEF bonds. Due on Jan. 1 and July 1 from 1971 to 1975 inclusive. Trousdale County (P. O. • on Nov. 15 from 1962 to 1965 inclusive. Due 1 %s. 215,000 interest (M-N) payable at a bank to be desig¬ nated by the successful bidder. Legality approved by Dumas, Huguenin & Boothman, of Dallas. training for course Harris, Sills, Fairman J. David & correspondence level - available making of idea college Harris, Incorporated, Chicago. E. Harold Wood, E. Harold member firm Company, St. Paul. all parts of the This IBA course is the first in¬ country was originally proposed by Norman Smith, partner, Mer¬ stance of a correspondence pro¬ rill Lynch, Pierce, Fenner & gram established by the HomeBeane, New York, Chairman of Study Department especially for a the IBA Education Committee, business group, according to Clem O. Thompson, the director of Mr. Armitage said. It is the aim of the course to home study at the University. familiarize the student with the Although planned for industry capital formation process from the trainees, the thirty-lesson course is open to the public as well. The standpoint of the public, the in¬ vestor, and the investment banker. tuition is $40, and the text mate¬ Wood & in employees The course will include the organ¬ of structure and the market, competitive bidding, pri¬ vate placement, self - regulation regulation, governmental versus the funds for small providing of business, and the education There investor. small of the five are $12.75 between costs rial and in¬ $24.25, depending upon whether and the books are in part rented from the the Home-Study Department or the vestment banking industry, consideration will be given to demand and supply side of ization all whether purchased. are de¬ folder announcement An scribing the course and an appli¬ cation for instruction may be ob¬ America, of sociation As¬ Bankers Investment mittee, Com¬ Education the from tained South 33 Street, Chicago, 3, 111. Clark major divisions of the course: business of financing The (1) WISCONSIN Brooklyn Chapter NACA enterprise. Wis. Sale—An issue of $270,000 Antigo, and Principal $6,000,000 road bonds. The a analysis. (2) Securities October 18 (3) Problems in the financing Meets mortgage rev¬ of corporations. , Guest Speaker Nelson, V.-P. of auction on (4) The marketing of securities. Munson, of Philadelphia. Oct. 9 to a group, composed of American Type Founders, Inc. (5) Investment policy. Paine, Webber, Jackson & Curtis, The technical session of the RHODE ISLAND Lubbock Independent Sch. Dist., of Chicago; Milwaukee Co. and Professor Marshall D. Ketchum Brooklyn Chapter of the National T exas Robert W. Baird & Co., both of of Warwick, R. /. the University of Chicago Association of Cost Accountants Bond Offering—A. C. Jackson, Milwaukee, as 2s, at a price of School of Business, in collabora¬ Bond Offering—G. Conrad An¬ will be held on Wednesday eve¬ Business Manager, will receive 101.10, a basis of about 1.88%. tion with the Home-Study De¬ derson, City Treasurer, will re¬ ning, Oct. 18, 1950 at the Brass sealed bids until 5 p.m. (CST) on Due on Jan. 1 from 1952 to 1971 partment, prepared the course Rail in Brooklyn. ceive sealed bids until 11 a.m. Oct. 24 for the purchase of $1,750,with the assistance of a sub¬ inclusive. The guest speaker will be Mr. (EST) on Oct. 25 for the purchase 000 school bonds. Dated Nov. 15, committee of the IBA Education of $815,000 school bonds. Dated Robert F. Nelson, Vice-President WYOMING 1950. Due on May 15 from 1952 Committee, consisting of: Nov. 1, 1950. Due on Nov. 1 from of American Type Founders, Inc., Albin, Wyo. Norman Smith, Merrill Lynch, who 1951 to 1983 inclusive. Principal to 1974 inclusive. Callable after 15 will discuss the subject of years from date of issue. Interest Bond Sale—An issue of $13,000 Pierce, and interest payable at the Rhode Fenner & Beane, New Production and Costs. M-N. Legality approved by Chap¬ York. sewer bonds was awarded on Oct. Island Hospital Trust Co., Provi¬ The presiding officer will be man & Cutler, of Chicago. 6 to Coughlin & Co., of Denver, dence. Legality approved by Herbert A. Johnson, ViceJulien H. Collins, Julien Collins Mr. as 2.40s. Midland County (P. O. Storey, Thorndike, Palmer & President of the Chapter. Mr. & Company, Chicago. The bonds are dated Oct. 1, Midland), Texas Dodge, of Boston. is associated with Ed-» John F. Fennelly, Glore, Forgan Johnson ward Ermold Co. of New York. Bond Sale The $650,000 road 1950. Due on Oct. 1 from 1952 to & Co.,I Chicago. SOUTH CAROLINA 1964 inclusive. Bonds maturing in bonds offered Oct. 9 — v. 172, p. 1961 and thereafter are callable Florence, S. C. 1391—were awarded to the Harris as of Oct. 1, 1960. Interest A-O. Bond Offering — Haskell M. Trust & Savings Bank, and Wil¬ Sees liam Blair & Co., both of Chicago, Legality approved by Tallmadge Thomas, Mayor, will receive seal¬ Eddleman-Pollok Co., of & Tallmadge, of Denver. ed bids until noon (EST) on Oct. and October "Monthly Bank Letter" of National City Bank of Sheridan County (P. O. 25 for the purchase of $1,000,000 Houston, at a price of 100.087, a New York says building up of foreign gold reserves since Sheridan), Wyo. series B water works and sewer¬ net interest cost of about 1.598%, Korean crisis indicates American capital outflow as well as as follows: age extension bonds. Dated Dec. Bond Sale—The $300,000 county increased U. S. exports. 1, 1950. Due on Feb. 1 from 1952 $275,000 2s. Due on May 15 from memorial hospital bonds offered 1952 to 1958 inclusive. to 1974 inclusive. Bonds maturing Oct. 10—v. 172, p. 1391—were The National City Bank, in its up of foreign gold and dollar re¬ in 1961 and thereafter are callable 375,000 IV2S. Due on May 15 from awarded to the Bank of Com¬ article on "The Shifting Dollar serves probably has reached $2 1959 to 1966 inclusive. as of Feb. 1, 1960. Principal and merce, of Sheridan. billion. This means a recovery of Position," published in the Oc¬ interest (F-A) payable at the Tyler, Texas tober issue of "The Monthly Bank about two-fifths of the gold and Manufacturers Trust Co., New Bond Offering—G. D. Fairtrace, York City, or at the Guaranty Letter," estimated that foreign dollar assets liquidated by for¬ during the first three Bank & Trust Co., Florence. Le¬ City Manager, will receive sealed gold and dollar resources had in¬ eigners bids until 9 A.M. (CST) on Nov. Of this recovery, creased by $3 billion since the postwar years. gality approved by Sinkler, Gibbs BRITISH COLUMBIA 3 for the purchase of $600,000 outbreak of Korean hostilities. On something over a half-billion was & Simons, of Charleston. school bonds. Dated Dec. 1, 1950. Greater Vancouver Water District, the basis of this estimate and accounted for by new gold pro¬ and 1956 in Bond sewerage enue system bonds was sold at — Dollar Gap Closing CANADA DAKOTA SOUTH Clear Lake, Offering—C. I. Force, Bond Auditor, Due will receive City sealed bids (CST) on Oct. 16 for the purchase of $7,000 sewer bonds Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to 1957 inclusive. Callable at any time prior to ma¬ until 8 p.m. Offering — A. P. Heyder, (CST) on Oct. 16 for the purchase of $35,000 gen¬ eral obligation bonds. Due on Nov. bids until 8 p.m. to 1951 from 1 . inclusive. 1960 1, 1951. Callable as of May Bond Time) on purchase of $670,- Dated able Oct. Tenn. 1, Guar¬ course City, or Security Bank of Utah Ogden. Legality by Chapman & Cutler, of approved Chicago. Offering—Cecil C. Owen- $110,000 school improvement WASHINGTON Tacoma, Bond Wash. Sale—A syndicate headed by Blyth & Due on Jan. 1 and July 1 from 1952 to LIQUIDATION NOTICE The Thomaston at Thomaston, Is National present undersigned are Bank, 600,000 6% located the State of Connecticut, closing its affairs. Association to in All creditors of the hereby notified therefore claims for payment at said Bank. to the F. I. ROBERTS, Liquidating Agent. Dated August 18, 1950. offered by the espe¬ entering will be Education Commit¬ Investment Bankers As¬ sociation of America in coopera¬ Due on 1955 inclusive. series CDEF bonds. Jan. 1 from 1956 to 1960 1%% 2,440,000 July 1 inclusive. and series CDEF 1 and July 1 from 1961 to 1967 incl. bonds. Due on Jan. 1,680,000 2% series CDEF Due on Jan. 1 from 1968 to 1970 and bonds. July inclusive. 1 which has duction in reserves closing of the dollar gap for the time being. Commenting on this situation the "Monthly Bank Letter" states: "While the third-quarter's sta¬ tistical record is incomplete, indi¬ gain in been accumu¬ Of the abroad. holdings the cations trade are that the 'dollar account service and gap' billion on has allowed to build up rest deposits dollar in of dollars, $1.1 converted into gold was the and practically closed since the outbreak of Korean fighting. In or short-term investments. dollar "The versions greater part of the of dollars con¬ into gold has occurred since the outbreak of Korean crisis. From June the 30 to other words, the bulk Sept. 27 the U. S. gold stock de¬ clined $757 million, a matter of lars made 3%. the past of the dol¬ available abroad during three of aid and loan pro¬ of the gold and dollar reserves This is not foreign countries. Dollars have also gone abroad all. as months by U. S. has gone into the rebuild¬ grams fundamentals of in¬ ing banking designed cially for young persons the industry each year a result flow, made of up some of capital such out¬ diverse It is characteristic present international of th situation little of this gold wa abroad. Most of it i stored at Federal Reserve Banks earmarked for various foreig accounts. Earmarked gold hold that very shipped ings here as built up to an a result have bee unprecedented leve Though foreig as overseas investments above $5 billion. countries may prefer to keep American companies, foreign proportion of their re loans by American banks, re¬ larger cago, Albert T. Armitage of Coffin patriation of capital by foreign sources in gold, they apparentl & Burr Incorporated, Boston, individuals, and speculation on still prefer to keep their gold i President of the Association, an¬ possible revaluations upward of this country. nounced. "The preferences of foreig certain foreign currencies, includ¬ This correspondence course is ing the Canadian dollar, the governments and central banks an extension of the Association Australian pound, the Mexican as between gold and dollars, bea" training program inaugurated im¬ watching as disinterested evalua peso, and even the pound sterling. mediately following World War II. tions by expert foreign opinion 0 Fears of spiralling inflation and At that time a classroom course successive tax increases in the the soundness of the America in the fundamentals of investment Camille Gut United States have played some economic position. banking was offered by the Asso¬ capital gave a fair warning at the Annua ciation in cooperation with more intangible part in the movement. Meeting of the Internationa than 20 universities and colleges "All these factors entered into Monetary Fund three weeks age throughout the country, and ap¬ when he referred to the para an accelerated rise in foreign gold1 proximately '■* 2,300 employees of mount need 'to stabilize and pre member firms benefited. At the and dollar reserves during the third quarter. By now, 12 months serve the purchasing power of al present time these classroom not excluding th after the September, 1949, cur¬ currencies, courses are being offered in only tion Co., Inc., New York City, purchased on Oct. 5 from the original buyers a new issue of cipal and interest (A-O) payable at the Chase National Bank of $8,000,000 light and power rev¬ enue bonds, divided as follows: New York City. Legal opinion to $480,000 4% series CDEF bonds. be furnished by the City. 1950. Due on Oct. 1 from 1952 to 1963 incl. Prin¬ bonds. Dated Oct. 1, in the vestment 111.—A home-study tee of the City the "Letter" lated Government CHICAGO, Principal 1955. interest payable at the A. In 3^70 inclusive. Call¬ of Oct. as on Study Course Investment Banking IBA Home bonds. Oct. 1 revenue 1950. Due 1, 1952 to from and works water 000 developments, points out there are indications of been Standard (Mountain at the First Recorder, will receive sealed bids until 4:30 p.m. (EST) on Oct. 24 for the purchase of by, Recorder, will re¬ until 9:30 a.m. bids sealed Oct. 18 for the N. Athens, . anty Trust Co., New York TENNESSEE Bond^Sale—An issue of — ceive receive sealed Auditor, will other $750,000 for non-callable bonds and for water bonds was sold to a syndi¬ cate composed of J. L. Graham & bonds to be callable after 10 years from date of issue. | Co., Gairdner & Co., both of Tor¬ onto, Royal Bank of Canada, of UTAH Montreal, and James Richardson & Sons, of Winnipeg, as 3Vis and Ogden City, Utah 3 Vis. Dated Oct. 1, 1950 and due Bond Offering Elizabeth M. on Oct. 1 from 1951 to 1975 incl. Dak. S. Platte, Bond British Columbia 1951 to 1970 Bids will be considered Tillotson, City turity. City from 1 Dec. on inclusive. S. Dak. a with the University few of the larger cities. of Chi¬ elements by rency revaluations, the building U. S. dollar'."